Well it looks like my long time mentor has decided to finally take a walk down the Road to Roota…
David Morgan joins Silver Doctors with a word of warning.
Morgan says changing the president is like changing the captain on the Titanic. The ship is sinking.
Can Trump Stop A Full Economic Collapse?
It’s beginning to look like the Indian Government’s latest attempt to suppress the amount of physical gold demanded by the Indian population is going to backfire – badly.
As this effort fails, the rebound in the price of gold and silver will likely create its own “shock and awe”:
From Greg Hunter:
In perhaps the most important interview of the year, Legendary gold expert Jim Sinclair warns, “Markets do not exist anymore – and you can’t time what does not exist.”
Sinclair contends a huge transition is underway, and the old system cannot be fixed. A new one is on the way, and the old one is going to end with a bang.
The over-the-counter derivatives have grown massively beyond world money availability. This has no precedent. We have killed capitalism. IT’S OVER…
“Financial Crashes are like earthquakes: we know that they are coming, but we know not the day or the hour. The next one is close and is likely to be severe, even epochal.”
“In 1998, Wall Street bailed out the hedge funds. In 2008, the central banks bailed out Wall Street. In 2018 – if not sooner – who’s going to bail out the central banks?”
Financial crises are cyclical and the next one is close. Not only that, but global elites have a secret plan for the next financial crisis…
Greg Mannarino warns the financial sector is about to take a MAJOR hit:
If you think a cashless society is not coming, just keep telling yourself that every time you use debit, credit or your phone for a purchase.
A fistful of bolivars buys… well, next to nothing. A sad state of affairs in Venezuela.
But is America next?
As investors watch paper gold price charts and prepare to throw in the towel on gold and silver, big fundamental changes are in motion.
Erdoğan’s Call To Citizens: Sell Dollars For Lira, Gold
December 2, 2016
President Recep Tayyip Erdoğan called on Turkish citizens on Dec. 2 to convert their foreign exchange into gold or the Turkish Lira, adding that there was no option other than cutting interest rates to spur growth.
Following his remarks in Ankara, the lira saw fresh lows against the U.S. dollar.
“Those who keep foreign currency under their mattress should come and turn them into lira or gold,” Erdoğan said in a speech to mark the opening of an automotive showroom complex in Ankara.
“Such moves will hurt some people’s game. Do not worry. We will destroy this game together. We saw such things in 2007 and 2008. I then said the problems would not affect Turkey. I am now saying the same thing. The problems will not even touch us,” he added.
Gold Standard Approved for Islamic Finance, Opening New Market
December 5, 2016
Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal.
The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting and Auditing Organization for Islamic Financial Institutions said Monday in a statement. The AAOIFI developed the standards with help from the producer-funded World Gold Council, which has said the new rules could spur demand for “hundreds of tons” of gold.
The SPDR Gold Trust, the biggest exchange-traded fund backed by bullion traded under stock symbol GLD, will probably qualify, and the standard may open new demand to central banks, Mohd Daud Bakar, a Shariah scholar, said at a press conference in Dubai Monday. Comex gold futures wouldn’t qualify because of a physical backing requirement, he said.
While the world braces for a Trump-style president, the real crisis is coming, in the form of a financial avalanche that could dump on everyone’s parade.
As more people wake up to this reality, the demand for gold is just going to explode worldwide.
And the price of gold is going to go through the roof…
“The Federal Reserve’s balance sheet has exploded.
Anyone who has surplus funds should be holding gold and silver because the dollar should be reduced already to the level of toilet paper…”
Hat Trick Letter Editor Jim Willie joins JB Wells and is uncharistically enthusiastic about America’s future after Donald Trump swept the fascists out of power, but warns the birth-pains of the new administration will be strong – as it comes with the Collapse of the Dollar:
Mainstream media is alleging that Russia meddled in the American election by spreading “fake news.”
Is the END OF FREE SPEECH Dead Ahead!?
When you see Castro’s death then you will see the complete collapse of the economic system of America!
Four out of the five major events named in an incredible 1981 prophecy have already happened in consecutive order, and the only thing remaining to be fulfilled is “the collapse of the economic system of the United States”.
Test model #1 Cyprus. Direct theft of people’s capital.
Test Model #2 Greece. Direct theft of people’s capital through bail-ins of mega banks.
Test model #3 India. Direct, draconian demonetization of the rupee within a 4 hour window, thus stealing the savings of 1,100,000,000 of the poorest people on earth.
Note there were no warnings…
We’re heading for hyperinflation.
The END GAME is Everybody has ZERO Purchasing Power Currency…
Uneasy Gold & Silver Prices Have Been Mauled Since Donald Trump’s Election?
Jim Willie Has Been Warning The Dollar Would SOAR Just Prior to Its COLLAPSE.
Are We Witnessing the Beginning of The End?
India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’
How close to full-on economic collapse are we, and will a Trump presidency rescue us or hurtle us over the cliff?