Something BIG is Afoot in Shanghai.  
The Chinese Have CHANGED THE GAME Suddenly.
The Jig Is Up.

Something big is afoot in the Shanghai Gold market. It seems that we are at the door of the RESET finally, with China being betrayed by the USGovt and USFed in concerted collusion. The attempt to reduce the USDollar while maintaining ultra-low bond yields seems the final straw. The inference is made that the jig is up finally, and a significant turning point is upon us.

A contact at Evolution Consulting has reported that his best contact notified him that VIPs are being invited to take tours of the Shanghai Gold Exchange operation. This man was among one of the guests. These tours are not being arranged in some congenial welcoming event, not at all. Rather they are informational and official in granted preview. They are almost surely being staged to inform the opposition that it is all over for them now. With a cherry on top, the VIP guests were required to pay for the tour. The above juicy tidbit was provided by a client, passing the word along. Something big is afoot.

 

CHINA CHANGED POSITION

China seems to have changed its position toward aggressive in the gold market introduction with gusto and emphasis. Conclude easily that where there is smoke, there is fire, and the heat will be on physical gold metal demand in Asia. In turn the pressure will be put on the USDollar, whose custodians are not honorable and for perhaps the last time, have betrayed the Chinese. Lower USDollar valuation combined with already chronic low bond yield could have turned the Chinese hostile in the wake of the USFed rate hike. The Jackass raises the conjecture (stronger and more classy than guess) that the USGovt and its bankster masters lied to China about a rate hike, and the Chinese are very angry. The sleazy central banker crew defaulted on the gold lease from 1999, evident in 2014. The same sleazy vile crew have used tricks like bank derivatives to create phony bond demand, tricks like Reverse REPO to undo the last rate hike by ramping up to dangerous levels the bond leverage, alongside massive bond default on legacy bonds from nearly a century ago. The fact that a bond is old does not invalidate the bond’s integrity and requirement for honoring it. The criminal central banker crew in all likelihood stole at least $3 trillion in Saudi USTBonds as well, which serve as ESFund core. China has probably seen enough, and will proceed with the Global Currency RESET. Their nation is under stress, and the imposition of the Gold Standard should right their course well enough, even if it derails the United States to the point of entry into the Third World.

London Paul believes something significant is on the verge of breaking the paper gold market.
The clues have come on the behavior of the gold market since the Yellen Fed announced its small rate hike. It was small but significant, and probably involved a lie to the Chinese Govt finance ministers. Such coincidences do happen, but odds are against a coincidence in this case, since so critically important. Time will bear out the conclusion. The Western bankers have a long history of lies, deceit, betrayal, subterfuge, sabotage, and pilferage. They might have sacked their economies on the road to the Global Fascist State, but China has not signed up for the destructive evil development and pathway.

 

SIGNIFICANT MARKET HINTS

EuroRaj confirmed London Paul’s suspicion and tentative conclusion. He mentioned that such view is absolutely right, given the market reaction. Someone at the Shanghai Gold Exchange spiked the price higher the moment the Fed raised rates, which required the paper market to follow higher. He stated unequivocally that the Chinese do not consider the USFed, the banker cabal, and the US Elite as honest business partners any longer. He expects their harsh clear revenge to follow, with the launch of the long awaited Global Currency RESET to come next. US President Trump visiting the Andrew Jackson grave site was another sign, as Jackson was an arch-enemy of the banker cabal. He survived an assassination attempt. Neither Trump nor China wanted the rate hike. Trump does not want higher USGovt borrowing costs or the added economic headwind. China does not want lower bond principal value and lower USDollar value. Hence the East appears to have burned the Western banker cabal with a paper fire that could turn into a bonfire in gold metal demand. China likely perceived a maneuver to sabotage Trump by the banker cabal, and the Beijing leaders yelled PUNT, game over, no more cooperation.

 

It will soon become every nation for itself in a global free for all battle. It is hard to imagine the USDollar enduring what comes in an unscathed manner. The global USTBond dumping will continue until it forces the US derivative chicanery into the open with cracks wide enough to drive an armored truck through. Either the US debt market will falter or else the global trade will result in USTBill rejection in payment. At least in the Eastern hemisphere, the USDollar is about to be kicked to the curb, shunned in trade payment usage. The non-USD platforms will be given much greater emphasis. The game is about to change, to enter the extreme danger zone.

 

Make clear the sequence. Very likely after the Gold price went up in USD terms, the Boyz were forced to weaken the USD by strengthening the Euro and British Pound currencies. It was urgent to keep the Gold price under control in EUR and GBP terms. They gave high priority to keep the price low in order to prevent the public (sheeple) from making a bullion run on the back of political risk. EuroRaj’s personal read is that the London Bullion Market Assn (LBMA) is bust or close to bust. As footnote, he added that the Sprott PHYS gold fund has closed at a positive premium for last two days.

 

NEW SCHEISS DOLLAR & GOLD TRADE STANDARD

In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The United States Govt cannot continue on numerous glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time to take steps toward the return of the Gold Standard.

 

The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports. The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. The annual trade deficit would immediately render the entire batch of gold at risk of forfeit. Any such lease would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States. The cost would be supply shortages to the USEconomy, a result of enormous export increases to China. Even if the USGovt can secure such a large hoard of gold, like from Bush Family and Rubin Clan seizures of stolen Fort Knox gold reserves, the United States will be vulnerable from a $550 billion annual trade deficit. Its settlement after one year would exhaust all 10,000 tons, since at $1300/oz, such gold tonnage would be worth $420 billion. The United States is truly trapped in an economic insolvency situation, with inadequate industry and a huge unresolved trade deficit.

 

Failure to produce a legitimate bonafide gold-backed currency, together with an adequate industrial base, would mean the United States will be confronted with a real big nasty currency crisis. Any new currency, even with gold backing, would be subjected to a series of devaluations due to the enormous trade deficit. The result would be heavy powerful painful price inflation from the import front. The effect would be to reverse a generation of exported inflation by the United States. The entire USEconomy would go into a downward spiral with higher prices, supply shortages, and social disorder. However, the rising prices would come from the currency crisis, and not so much from the hyper monetary inflation. That flood of $trillions has been effectively firewalled off. During the crisis that comes, the gold price will find its true proper value between $5000 and $10,000 per ounce. Then later, it goes higher, as it seeks equilibrium in a new world where gold serves as the global arbiter in trade and banking and currencies.

HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

“As a Golden Jackass subscriber, I greatly enjoy listening to your interviews because it really lends a sense of passion that lies behind the tremendous body of information and formulation that goes into your monthly research. Though I must admit, it scares the hell out of me most of the time. Still, I will not miss it for the world. I feel that having a truly objective insight from your research, in depth analysis, and accurate forecasts gives me and my family an important life saving advantage. And I mean that sincerely.”

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   (PaulR in Hawaii)

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   (JosephM in South Carolina)

“Jim Willie is a gift to our age who is the only clear voice sounding the alarm of the extreme financial crisis facing the Western nations. He has unique skills of unbiased analysis with synthesis of information from his valuable sources. Since 2007, he has made over 17 correct forecast calls, each at least a year ahead of time. If you read his work or listen to his interviews, you will see what has been happening, know what to expect, and know what to do.”

   (Charles in New Mexico)

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   (The Voice, a European gold trader source)

 

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  [email protected]

 

    • I totally agree with all the evidence from what I have seen that the western world has manipulated all markets for over 40 years and the gig is up. Manipulated western system to enrich elite and prop currencies has reached end as the manipulation of 300 to 1 paper trades have exhausted  resource leverage and the crooks can not cover manipulation much longer before setting off cascading valuations of precious metals. I am heavily invested in mining stocks and am concerned that collapse would mean erasure digitally of all financial investments and gains. Please advise on this aspect of non-physical precious metal holdings.

  1. Three points I managed to get from this report.

    1.  The Chinese are stupid (does anyone believe this?)

    2.  Gold will be between $5000 and $10000 an ounce.

    3,   Jim is still banking on his Scheiss Dollar.

    People actually pay for this information.

    Now let’s head over to the Gold market…. Gold is at $1230.   Do you think it will get to $5000 before then end of trading today.

    • It’s more likely that he accepts US$ because they are used AS money in his country of residence.  It’s also likely that it is difficult, heavily taxed, or illegal to bring gold and silver into his country of residence thanks to the laws of that country.  This is far more practical than esoteric.

       

    • What a fool.

      You’ll be talking out the other side of your ass when you can’t buy gold or silver at ANY price.

      In the mean time, why don’t you shut up and quit making fun of your betters.

    • Did we safeguard the Gold for the Kuomintang or vice versa?  Where is that Gold now?  Did we sell the Chinese Tungsten disguised as Gold or vice versa? Their government is communist in case you haven’t noticed.  What was your question about the Chinese?

    • The author writes about the inevitability of the growth of the value of gold against the value of toilet paper of the USD type. The author is absolutely right. This is clearly seen on any graphs of the relative value of gold against any currency over the past 50 years.
      But where did you see the word “TODAY” when you try to refute the author not by his words, but by your own words?

    • To MFLTucson :

      Do you want to understand: Why isn’t Willie taking payment for the Golden Jackass in Gold?

      I’ll explain why!
      Because I too do not accept gold for my work either. Because it is prohibited by law.

      But almost all the paper garbage that I get for my work, I convert into money, that is, into gold!
      And I keep all my savings only in real money, that is, in gold!

      We must understand very well the difference between money and currencies:

      https://www.kdggold.com/content/zakon-greshema-eto-nelepaya-oshibka-ili-umyshlennaya-podmena-ponyatij/

      Because if we do not understand this, we are slaves.

    • He’s been predicting doom in the dollar for quite some time and obvious his model or sources are flawed.

      What all of these analysts missed is that capping of the gold and silver market have created the rise of the cryptocurrencies.

  2. 1. Jim Willie used to smoke the good stuff, he admits to this, and was even “a problem” in his life at one point. Years and years ago. He no longer smokes it.

    2. Hang on, because we really are warming up the engines on that 2.5 mile diameter silver eagle on the ocean floor. I know, because my buddy just invested 100’s of thousands of US $ in a CD – that pays him 2%. After me spending years explaining that no fiat system makes it past it’s 45th birthday intact. Plus or minus. My guess is, that for what ever reason, the shit is really upon us. I give it a year at the most to really come apart. I assume everyone here is wearing their full metal jacket.

    • @NotAnOwner  I normally don’t follow those imgur thingies, but what the heck?

      It was good fun. Just be careful – GREAT LEADER MIGHT NUKE YOU he he _JLG.   

       

      This reference was to the 3rd click about A NORTH KOREAN MUSICIAN  

    • @johnlgalt : It’s faster than uploading the image, just browse to imgur.com .. paste your image right into the browser window (at least on Chrome and Firefox it works like this) and you will see a new url generated on your browser bar. Ready to be pasted here. Cheers.

      @reality-smack: And I don’t blame him for that, I also miss the South American prostitutes, something about poverty and bitches .. I don’t know. It’s just a shame to snort while you are being  interviewed and very unpolite / stupid, he could hide it very easily by just muting his mic. Heck, he could even use fake pre-recorded sounds of him opening a bag of chips or whatever .. there, I solved it for you Willie 😀

  3. Oh Brother, another Jim Willie prognostication which is pure unadulterated BUllshit. Jim, you need to take your meds and go to therapy, this is not helping you. Running the same old crap just is not going to entice anyone anymore. You have been predicting the end of the dollar for the last 7-8 years, Also, what happened to the voice? Now you have your alter ego EuroRaj….What???? you go back in your sock drawer for another Sock puppet and Bingo….Euro Raj???? Is this the best you can do??

    Sheesh…………..

     

  4. Easy fellows … the jackass means well … we are all trying to make some sense of all this confusion … besides just because his voice appears to have a greater platform does not make it so … and when it boils down to it all our paths all  lead to the same place we came out of weather we understand it or not …..

     

     

  5. Looks like Jim Willie is desperately trying to sell newsletter subscriptions. He keep piling on the Bull-scheiss. Willie has a pathetic track record of predictions and every other word out of his mouth is a lie.

  6. I am convinced this guy just makes things up. Most people on the planet who follow financial markets knew that the dollar had priced in the rate hike along with the Chinese. The euro went up because of the Dutch election outcome which was your typical knee jerk reaction with news events. If you look at the Comex with this short term dollar weakness the hedge funds drove up the price again to around the 1240 reversal level and when dollar strength returned they jumped on the other side of the trade and rode price weakness back down with the commercials who were already short. This had nothing to do with the Chinese spiking the price up.

    It is simply total nonsense that the dollar is going anywhere. I have been hearing for years how the dollar and the Dow will collapse “any day” and metals are going to the moon. The opposite has happened. 50% of all international trade is still settled in dollars. 75% of all international financial transactions are done in dollars. Trillions of dollar denominated loans have been made to foreign entities and this always creates demand for dollars. Most commodities on the planet are priced in dollars and this also always creates demand. Even London which is the largest financial region on the planet prices metals in dollars. The fact is the international financial system is entrenched with dollar based assets. The world has a vested interest in keeping the dollar alive and well so the idea of some “global currency reset” is absurd. Anyone who follows and trades currencies will tell you that “resets”  take place 5 and 1/2 days a week from Sunday afternoon NY time when Asian markets open to Friday when NY closes.

    As far as going to a gold standard, this is fantasy land nonsense. Can anyone imagine China allowing their yuan to be exchanged for their physical gold because with this system the paper can be exchanged for the physical? Not going to happen. The bottom line is there is not enough physical gold on the planet to back the hundred of trillions of liquidity and a higher price simply makes gold more unaffordable and collapses this system.

    Willie has no experience trading any financial market but here he is making forecasts on the very same markets he has no experience in.

    • Sure,

      lot’s of em on that subject brainiac. Left gift-wrapped and parked just outside the front door here, for years. Only to be hooted n hollered out of order, until finally, having grown from mere “thoughts” into proven and incontrovertible ‘truths,’ they became inconvenient to the owners  of this joke shoppe, and had to be purged from the record before the inmates broke out into open thinking for themselves!

      Lil late for ‘second thoughts’ Danny Boy – bein as you was one of the primary constabulary tasked rounding up all thought criminals here! You outta time – and outta luck. Best go back to scanning the Chitown realestate pages for how resale values are holding up,

  7. Jim Willie is far from stupid. He is an intelligent person and I listen often to his rants, but that’s not the main issue. Willie has a serious disease to deal with and that’s the reason why his psychiatrist should give the public more specific information than the bold sourceless statements made by the alter egos of his patient, like ‘The Voice’ a.k.a. ‘His Voice’ and other creatures.

  8. I like Jim Willie. Listening to him has helped me get a handle on the big picture. We all know he is eventually going to be right, but he has been wrong a lot, which has to make you wonder: is he listening to the right people. Does he sound like a smart, awake, individual – yes. Does he sound like someone with a filter that would allow him to know if someone like say “the voice” was really a Langley spook? Not so much.

    Example: A few weeks ago, he was talking about how he had heard about one of our naval ships being required to pay in Silver for a fill up the Middle East (Dubai it might have been). Then he backed off of this saying that another Navy man had told him that he had ‘never heard of such a thing being done,’ so he doesn’t know who to believe. If you talk to both of these people, and you can’t tell which one is telling the truth, you are not a good enough intel man IMHO. There are basic facts that should be easy to establish in this situation.

    Does or does not the U.S. Navy provide each of its vessels with a certain allotment of physical cash or PMs to carry onboard? It would seem like a good idea to do this. Anyone who has been the commander or XO on a ship would be able to answer this question, so even if the info is classified, you should not have much trouble getting a nod or a wink from a Navy man to at least confirm that this is possible. If in fact, there is silver in the safes of Navy ship, it is perfectly reasonable to think that it might be used to pay for fuel at some point. The way Willie phrased it was that one guy ‘had never heard of fuel being paid for in silver’ not that he ‘had never heard of silver being stored on a ship for any kind of payment.’ To me, when one guy says “I saw it go down,” and another guy says “I’ve never heard about that going down” the logical conclusion if I trust them both enough to listen to them is: “it happened, the first guy saw it happen, the second guy did not see it happen.” But for Jim Willie, it winds up being an “I don’t know.”

    Of course, it is possible that this incident happened on only one or two Navy Ships and whoever spoke to Jim was worried that the release was going to come back to them, and the “I dunno, I wanna walk that back” was the Willie’s way of trying to put the spray back in the can.

    • This big picture is that the neanderthal tribe instigated WW1 to found Israel, then toppled the world power England to be replaced by US.  On 9/11 they (Saudis and Israel) attacked US to test they had sufficiently corrupted and paid off all opposition and bought all relevant media.  House of Saud is crypto-Jew and their wahhabism is to destroy Islam from within, as Jesuits destroyed the Vatican.  The ultimate death knell will be destroying the USD as the tribe controls 99% of all central banks.  Central banks are actually a Marxist invention.  With the US gone, Israel will be the Jew World order

      Your are fighting a subspecies for dominance of the Earth ecosystem.  It is basic evolution no different than any invasive species like African killer bees

  9. FACT is there will be a reset and only the sheep will believe different,if anyone thinks this can go on forever they r the insane ones!!! Chinese stupid??? No way they r,they have been shafted by the west TOO MANY TIMES not to have a plan going forward and that plan is gold!! When gold does hit $10,000 AND IT WILL,those big empty cities will fill up faster than usain bolt doin the 100m at the olympics. Its only the timing we dont know for this reset, the BRICS LOST BRAZIL and they dont want to lose another so timing could be related to another event stirring in id say STH AFRICA would be the easiest to topple next??? Lagarde also said theres a reset coming and they wont telegraph it like last time to avoid bankruns that happenned,go to 7s speech to hear that, FACT IS IMF WILL ISSUE SDRs[world money] AND THERES NO STOPPING THAT FROM HAPPENNING FULLSTOP!!!Comex is funny and why are their newest setters getting out??? Russia is also loading up more than usual in gold buys this year, theres a million reasons for reset and IT WILL HAPPEN,TO SAY IT WONT IS TOTALLY INSANE!!!

  10. “LISTEN CAREFULLY:”     

     

    All of you young-uns who don’t know the name, just enter CHUCK BERRY in your search engine and have a ‘ROCKIN GOOD TIME’

     

    p.s. You don’t know what you missed.   _JLG.     

     

     

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