• dollar collapse panicBank Stocks Look to Be Collapsing and predicting an imminent stock market crash and large global financial crisis
  • Many sovereign wealth funds are selling their stock positions to go to cash to pay off debt in their home countries
  • Russia now takes RMB for its oil. What does this mean for the petrodollar?
  • Gold and Silver markets appear to have finally bottomed and a strong rally looks to be underway
  • What problems does a strong US Dollar cause for the global economy?
    All this and more in the latest Welcome to Dystopia: 

UntitledWhen a bank has been forced to issue a statement defending its solvency, insolvency is not far behind.  We saw this with Bear Stearns and Lehman.
Denial of a catastrophic problem is affirmation that the problem is very real.

return kingThe current melt-down of the world’s debt bubble is likely to continue in the course of the next months.  Whatever expedients are implemented, the final outcome of the unprecedented economic contraction in the world will have to be the revaluation of gold reserves.
We need not worry ourselves about how this will take place, because that it will happen is a certainty.
All prices of goods and services around the world will really be gold prices, since all currencies will be redeemable at sight, in gold.
Such is the significance of the coming revaluation of gold…

Gold is now well above the October 15 high of $1192 and this gives us our first higher high since The Massive Cartel Beatdown began back in April of 2013.  DO NOT UNDERESTIMATE THE SIGNIFICANCE OF THIS!
With gold above ALL of its moving averages, the next target looks to be near $1220.
BUT, this is only a guess because, IF the USDJPY collapses and takes the stock market with it, gold’s not stopping at some arbitrary line on the chart.

sc (10)An epic phase of the ongoing precious metals bull market is awakening right before our eyes.  While the cartel can manage price appreciation from time to time, they can’t do much to kill this new bull phase.
It’s too late.
 

COMEX-LongTerm-Silver-ChartThe collapse of the paper gold and silver futures markets may usher in a NEW DARK AGE.
In all likelihood, the coming collapse of the economic and financial system will happen virtually overnight Unfortunately, investors who are still playing Russian Roulette in the broader markets may find out sooner than later, TIMING AN EXIT is folly.
Owning physical gold and silver coins and bars out of the banking system is the best alternative to the madness that is coming.
A collapse does not happen overnight, but the endgame does…. 

gold bottomWe are again seeing more and more experts and non-experts calling for the bottom for gold and silver, but none can confirm it as a proven fact.  Few realize how important it is to have confirmation that one’s position is correct and will be profitable.  It is confirmation that gives validity to a prior market move/event.  

goldGold and silver bugs of course are excited, as they look at it as the prices of the metals going up $55 and 72 cents respectively. The collapse of what most think of as money—including especially said gold and silver bugs—is great fun and profitable.  At least if you’re short the dollar…

double_bottomWe will see more currency devaluations, based on 100 years of history, and we will see central banks “doing something” to levitate the stock and bond markets, based on decades of history, and we will see bankers taking care of themselves and the political elite, based on thousands of years of history. Expect higher crude oil prices – eventually – and expect more currency devaluations and higher gold and silver prices in 2016 and 2017.