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The forecast for fast acceleration of events into the January month has occurred on schedule.  Normally a very big event occurs every several weeks, or every few months.  In just the last three weeks, ten have taken place of significance.
The pace has quickened in an alarming fashion. The Great Quickening has commenced.
Something big, ugly, and nasty this way comes.
The disruptive events and pace of systemic breakdown are surely going to continue.  The year will go down in history as extremely messy, extremely chaotic, and extremely important in the demise of the USDollar.
Check the 7-year cycle for an amazing sequence that goes back to the 1973 Arab Oil Embargo, the 1980 Gold & Silver Hunt Brothers peak, the 1987 Black Monday, the 1994 Irrational Exuberance with ensuing Asian Meltdown, the 2001 Inside 9/11 Job, and the 2008 Lehman failure.
The Year 2015 will be known for the USDollar demise with full fireworks.
With the acceleration of events in progress and in view, the pressures will grow against the entire King Dollar Court, the corrupt fortresses in Wall Street and London Centre, the crime syndicate hive.
The USDollar will not survive the year.

panic crash

At 397.9 million barrels, U.S. crude oil inventories are at the highest level for this time of year in at least the last 80 years.
What it appears has been going on now since at least October is the United States government has been purchasing hundreds of millions of barrels of oil and storing them.  
The maximum total withdrawal capability from the SPR is only 4.4 million barrels (700,000 m3) per day, so it would take over 160 days to use the entire inventory.  160 days.
That might be just the amount to time required to operate efficiently during the world’s greatest economic collapse EVER and during its aftermath- while the rest of the world recovers from the depths of despair and chaos, death and destruction, when after 3 days all their food is gone from their store shelves and there is NO TRADE since all currencies have failed and it takes months for world leaders to convene and agree on a one world economic system going forward.
Silver is below $18 and anything below that is my announced buy target but as we go into February, I am changing my guidance.  I now recommend buy with total abandon, not waiting, on all precious metal, particularly silver, even if price goes to $20 or higher as time is limited before the great, planned crash.
Get physical while you can.

China gold

China does not have enough gold to have a seat at the table right now.   Think of it as a game of Texas Hold’em. What do want in a poker game? You want a big pile of chips. Gold is going to be your chips. It doesn’t mean that you automatically have a gold standard, but the gold that you have will kind of give you your voice at the table.
So here’s the problem: If you took the lid off and ended the gold price manipulation and let gold find its level, China would be left in the dust.  It wouldn’t have enough gold relative to the other countries, and because their economy’s growing faster and because the price of gold would be skyrocketing, they could never acquire it fast enough. They could never catch up. All the other countries would be on the bus. The Chinese would be off the bus.”
So, when you have this reset, and when everyone sits down around the table, China’s the second largest economy in the world. They have to be on the bus.
So the global effort is to keep the lid on the price through manipulation, which is very obvious. I tell people, if I were running the manipulation, I’d be embarrassed because it’s so obvious at this point.
So the price is being suppressed until China gets the gold that they need. Once China gets the right amount of gold, then you can take the cap off.    

empire revolt
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In the wake of the Swiss National Bank shocking the market this week de-pegging the CHF from the Euro, the Golden Jackass Jim Willie joined us over the weekend for an Exclusive Interview discussing: 

  • Willie explains why the Swiss are dumping the Euro in favor of GOLD, and that multi-hundred billion trading losses will result in MASSIVE DERIVATIVE LOSSES & CONTAGION!
  • Swiss actions have brought a HUGE ACCELERATION of end game events-We’re looking at the potential END of the EURO!
  • Swiss have front run the Global Currency Reset & GOLD REVALUATION!
  • $2 TRILLION IN SUB-PRIME OIL BONDS ARE ABOUT TO EXPLODE!  Contagion will be bigger than sub-prime housing crash!
  • Dollar Death-Spike: Fed has LOST CONTROL of the dollar!
  • Coming European bank failures will result in a STAMPEDE INTO GOLD!
  • 2015 Will be a repeat of Lehman- Several Western banks will go down, This is GAME OVER!
  • When Putin flips his switch, the DOLLAR IS DEAD, and Gold Will DOUBLE!
  • GREXIT will blow up the EU!

One of Jim Willie’s Most Dynamic & STUNNING Interviews EVER is below: 

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2015: The Year when Economic Reality hits like a ton of bricks- lost control of the oil price, evidence of broken USDollar structure and dismantled Petro-Dollar linkage, with enormous imminent damage to the oil industry’s subprime shale bonds with an estimated volume of $2 trillion (far bigger than the mortgage subprime bonds).
As Eastern nations under the BRICS movement follow the non-USD trade model, and adopt the Gold Trade Note model, the global banking systems will no longer require USTreasury Bonds in their reserves structure… they will diversify out of them, causing the USGovt to launch a new Scheiss Dollar (devalued heavily) in order to guarantee import supply flow, while amplifying the QE volume as the dumped USTBonds are soaked up… the result will be shortage, inflation, & chaos.
The Gold Standard will return through the trade doors, and not the currency doors…
This is Game Over for the USDollar as the End Game is obvious in systemic breakdown.

big reset

The End Game is underway and in progress
People had better prepare themselves for some conclusion events, certain to occur with fireworks.
The USDollar is soon to go away, put to rest, killed off
Its rise signals its demise.  The hidden dismantle of the Petro-Dollar mechanism has been eerie, mysterious, and full of intrigue.   The crisis is better described as the Global Monetary War.
The Gold Standard will return, but through the trade window.  The solution to the untreated Global Financial Crisis is the gold route.
The Eurasian Trade Zone will be built upon the gold route, and see a revival of the Silk Road.
It cannot be stopped, not even by war.

The safe haven is not the USDollar, but rather Gold & Silver bars & coins, otherwise defined as money. 
Any nation wishing to establish trade or a monetary system centered upon gold is branded a rogue nation, subject to extreme propaganda. This is precisely why Russia is being vilified, since they want no more USDollar in trade or banking, and lead a global movement to discard the USD as global reserve currency.
The solution is with precious metals as the core to banking, trade, and currency, even wealth preservation. 

The agents of change are working at hyper-speed nowThe USDollar is doomed, and its captains are running for their lives.
The return of Gold to its primacy is long overdue.

launch rocket vertical

In his first interview of 2015, Hat Trick Letter Jim Willie breaks down the emerging global currency war, discusses the Tower of Bubble & the coming derivatives collapse, and explains why a 4-5 FOLD rise in the gold price is coming! 
Willie makes the case that the US Fed is supporting $200 BILLION a month in failed derivatives, and that the rise in the USD is a sign of COMPLETE COLLAPSE of the US economy! 

China dragon

America is in no condition to endure an economic downturn, yet a downturn is coming, almost as surely as night follows day.
When the next crisis unfolds, I expect the Fed to quietly ask the Chinese central bank to revalue gold, by announcing a major gold buy program.
This would allow China’s currency to become a competitor with the dollar.

Equally importantly, it would allow the Fed to hide the key role that a higher gold price would play, in managing US government debt that is clearly out of control.

Today, markets plummeted throughout the globe as oil finished the day below the 50 dollar barrier.
Merkel today stated that the Euro area can survive a GREXIT and that was the catalyst for the fall today.

Let’s head immediately to see the major data points for the day:

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Rosy GDP numbers may have cheered the masses, but John Williams of ShadowStats.com says we’re a long way from prosperity, and warns to prepare for a downhill run for the dollar in 2015. 
In this interview with The Gold Report, Williams debunks the myth of economic recovery and warns that we still have serious debts to settle.
That is why he is recommending caution in 2015 to preserve purchasing power and maintain your standard of living. 

This week, the Russian central bank announced a shock decision to hike up its key interest rate from 10.5% to 17%, effective immediately.   Incredible.
On Monday alone the ruble declined more than 9% against the dollar, and almost 50% in 2014.    It looks like a massacre.
If you listen to conventional financial news, they’ll all tell you that you’d have to be insane to own anything in Russia right now—stocks, bonds, currency, etc.
They’ll tell you that the ruble is in freefall, and that the dollar is the place to be.
However, unlike the Russian Central Bank,  the Fed doesn’t own gold.   It loudly proclaims this on its own website: “The Federal Reserve does not own gold.”  It holds ‘certificates’ which are redeemable for US dollars. But there’s not a single ounce of gold backing the US dollar.
So… with no gold and pitifully razor thin solvency levels, it really wouldn’t take much of a shock to topple the dollar.
By comparison, the ruble is much better capitalized and actually has something backing it.
The bottom line, however, isif you wouldn’t own the ruble, then what are you doing holding 100% of your assets in the dollar?

Image: Jonny O'Callaghan

Given the short time involved, it is clear that there is a major change happening in cross-border trade hardly noticed by financial commentators.   But this is not all: sanctions against Russia have turned her urgently against the dollar as well, and together with China these two nations dominate and carry with them the bulk of Asia, representing nearly four billion rapidly industrialising souls.
To this we should add the Middle East, most of whose oil is now exported to China, India and South-East Asia, making the petro-dollar potentially redundant as well.

While the talking-heads are debating the effect on Russia and America’s shale, they are oblivious to the potential tsunami of dollars just waiting for the opportunity to return to the good old US of A.

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In this MUST LISTEN exclusive holiday interview with the Golden Jackass, Jim Willie discusses the coming CURRENCY WAR in Asia, how the END GAME will play out, and why the dollar is about to RISE DRAMATICALLY….right before it DIES! 

60 minutes of Jim Willie Pedal-to-the-Metal are below: