Jim Willie says the United States has no gold and doesn’t even bother with tungsten anymore. Jim says it’s likely just yellow painted wood bars posing as gold. But China’s gold-backed yuan oil contract is already the real deal, and Jim says the United States knows it…  

The quick pace of the US dollar economic collapse news and fiat currency crisis events demonstrates that the dollar is at the end of the rope. What happens next is not good…

Bill Holter tears apart the latest Martin Armstrong “strong dollar” stance. If Martin Armstrong is indeed writing to jawbone the dollar again, the currency reset must be closer than when we think it is. Way closer…

Bill Holter says that US dollar velocity is the key, but no matter what the Fed does to increase spending, velocity will just not pick up. Then there is the distinct possibility that gold drops all the way down to $10 per ounce before it’s over…

Venezuela is in the midst of severe economic collapse, and the Trump Administration continues to ratchet down the pressure with more sanctions. Venezuela is now preparing to move on from the US dollar. Here’s the latest…

There has been much chatter about US gold reserves and German gold reserves. If this Western dog-and-pony show is a strategic geo-political bluff to China, then China may be calling the bluff with their new oil for gold-backed yuan…

The Golden Jackass has an urgent update on the death of the petro-dollar. China, Russia, and the new Gold Trade Note will rise, but these growing pains must first be endured… 

Gazprom dealLed by Vladimir Putin negotiating in Shanghai himself, the Russia-China “Holy Grail”  Gas Deal of the Century- $400 billion over 30 years, is official. 
Bye-bye Petro-dollar!