dollar

In the article below,  we analyze the surprisingly likely drivers that may keep the US dollar strengthening over the next few years, especially if another economic/financial crisis arrives.
While there are many reasons to fear for the longer term viability of the US dollar given America’s current misguided monetary policy and exponentially increasing debt & liabilities, the next few years could well see the greenback appreciate further by 50-100% relative to the world’s other major fiat currencies.

dollar

In the second part of an explosive interview with Finance & Liberty’s Elijah Johnson (click here for Part 1), Jim Willie breaks down why Germany is repatriating their gold, and the implications of the Fed rehypothecating thousands of tons of gold over the past 20 years.   Willie claims that German intelligence in 2011 discovered the US’ brilliant plan of instigating a Ukranian coup, & turning the Western world against Russia & Gazprom- Germany responding by calling its gold reserves held on deposit at the NY Fed. 
Willie makes the astonishing claim that the death blows being sustained by the dollar are not accidental, but that Obama was placed into the office of President of the United States with the express purpose of destroying the US dollar!
Part 2 of Jim Willie’s Explosive Interview on Germany, Russia, & the dollar collapse is below: 

collapse

In his latest interview with Finance & Liberty, Hat Trick Letter Editor Jim Willie discusses how the escalation of Russian sanctions will impact European & the US economies, the irony of Germany resisting fascism in the West- resulting in the Germans moving away from Europe & the US and towards Russia, and how the US plans to collapse Europe in a last-ditch attempt to save the petro-dollar!

Jim Willie’s full MUST LISTEN interview is below: 

gold hub

Singapore and Hong Kong appear to be competing for the a new global gold price benchmark.
Further details emerged at the weekend about the planned launch by
Singapore of a new 1kg physically deliverable gold contract for the Asian wholesale gold market. Last week, CME announced a new 1 kilogramme gold contract in Hong Kong.

petro-dollar

You’d think the US government would be gratefully sending fruit baskets to every foreign country in the world, treating everyone like a welcome friend.  But that’s not what they do.
The US government arrogantly commands every bank in the world to report to the IRS. They drop bombs, send in drones, and invade foreign nations.
They spy on their allies and enemies alike. They freeze foreigners out of the US banking system and fine foreign banks for doing business with countries they don’t like.
It’s unbelievably stupid. Their behavior practically begs foreigners to abandon the dollar, and the US.
And it’s starting to happen, right in front of our very eyes.
The US has shown that it’s willing to go to war to support this petrodollar system,   So the fact that it’s starting to unwind right now is very concerning, especially given the existing battlefield in Ukraine.

jim willie

The reason the U.S. is trying to stir up global military chaos is simple, the U.S. dollar is being systematically removed from its reserve status.   The latest evidence of this is the news report yesterday that China and Argentina are going to begin trading in their respective currencies, with trade settlement in yuan – NOT dollars.
“Big deal,” you might think.   But also unreported over the last couple of years is that China has been quietly arranging these bi-lateral trade deals with EVERY major trading partner, including several European countries.
Recently China signed huge deals with Iran and Russia to trade energy in their respective currencies.
This IS a big deal.   China and Russia are systematically extricating their trade activities from the dollar.

rmb

China’s renminbi is becoming much more widely accepted around the world for trade settlement; a number of foreign governments are now holding renminbi reserves and doing deals to promote trade in renminbi.
Even in the United States, renminbi payment business increased 327% last year, and the US is now the fifth largest offshore renminbi settlement center.
It’s no secret here, this is happening right under our noses.  The financial system IS changing.

People who ignore this trend do so at their own financial peril.
Yet those who understand what’s happening and align themselves accordingly stand to make fortunes.
The Weimar Republic’s episode with hyperinflation in the 1920s is a great example.  Despite all the warning signs, most people did nothing… and they got wiped out.
A handful of people, though, saw the writing on the wall. They took steps to safeguard what they had. And they allocated their investment capital to bet that the currency would collapse.
They were right.   And vast fortunes were created in a matter of months.

petro-dollar

The collapse of the Petro-dollar global reserve currency has presented one of the biggest opportunities in recent memory. 
There is still time to position yourself to profit from the collapse of the petro-dollar- rather than have your wealth obliterated. 

dollar collapse panic

People have such short memories.  Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming.
What we are observing right now in the stock market is classic bubble behavior.
The stock market crashes of 1929, 1987 and 2008 were all preceded by irrational market rallies in the spring or summer.
A stock market correction is coming.
Our economic fundamentals have continued to deteriorate, and our financial system is in far worse shape than it was just prior to the financial crash of 2008.
The truth is that we are right on schedule for the next great financial crash.

economic dollar collapse
Play

PM & Oil expert Steve St. Angelo joins the show this week for a power packed interview discussing: 

  • Mexican standoff in the silver market- will Asian physical demand overwhelm naked paper shorts? 
  • Steve Explains Why Peak Oil Will Destroy the Value of Paper Assets, & Decimate the US Market
  • US Gold & Silver demand ROARS back: Wholesale US gold market CLEANED OUT of all secondary market coins in past 48 hours
  • Steve compares what is coming to the US in the next 3 years to the end of the Roman Empire, and discusses why backing the US’ $17 trillion in debt won’t prevent A COLLAPSE WE DON’T COME OUT OF!

The SD Weekly Metals & Markets With The Doc, Eric Dubin, & special guest SRSRocco is below: 

dollar

Black swans have taken flight.  World war is imminent as one new geopolitical flash point develops each week. Slowly, the underlying struggles are fomented by the greatest monetary intervention the world has ever seen.
The template for each crisis can be traced back to the storm created by the first ever grand scale, all encompassing and floating currency standards.

Cameron Diaz

On this MUST WATCH interview of Sprott’s Ask the Expert, The Dollar Vigilante’s Jeff Berwick discusses Japan’s plans to double the Yen’s money supply in the next two years- a plan Berwick describes as “textbook hyperinflation“,  and how the Fed will OUTPRINT the Japanese, meaning nothing but inflation and hyperinflation is on the horizon for the US.
With half of the US population dependent on the US gov’t, Berwick states the coming collapse of the dollar will be unlike anything the world has ever seen as the US gov’t hyperinflates the dollar to unimaginable levels. 

Full interview is below: 

storm

The world monetary system is even more tightly wound. Each day that goes by whistling past the reality guarantees that.   Panic leads to selling by everyone - all at once.
When the next crash arrives, the dollar’s demise will play center stage.

China gold

There will be a defining geopolitical event next month when India, Pakistan, Iran and Mongolia become full members of the Shanghai Cooperation Organisation (SCO). This will increase the population of SCO members to an estimated 3.05 billion. We should care about this because it is the intention of the SCO to do away with the US dollar for trade settlement.

The existing dollar-centric system is not in the favor of most of the new powers of the world…and they are rapidly moving to reduce their dependence on the dollar.
If $12+ trillion is no longer needed as reserves for international settlement – where does that money go?  Well, a relatively small reduction in dollar trade replaced by Yuan, Ruble, Real, etc. (say 5%-10% over 2014) would free up $600 B to $1.2 T to move where dollars are still readily accepted…the US of A.    Typically, these dollars would be levered up (say conservatively 5x’s)…and voila, $3 trillion to $6 trillion of purchasing power is introduced to America in 2014.  Things like stocks, bonds, and Real Estate would be very positively pushed higher and higher (rents, insurance, etc. would also be unwelcomingly pushed higher as wages remain flat due to structural unemployment issues.
But let’s say in 2015 the pace of BRICS non-dollar trade continues expanding and international settlement in non-dollars grows by 10% to 20%…and 10% to 20% of dollars are no longer needed as reserves to buy oil, wheat, finance trade, etc.   This is about $1.2 trillion to $2.4 trillion formerly held reserves cleared to go looking for their home…the US$1.2 trillion to $2.4 trillion levered again very conservatively @ 5x’s is $6 trillion to $12 trillion in “hot” money looking for assets.  With just a fraction of all the inflation the US exported over the ’71-present period coming home…this creates what amounts to a hyperinflationary-monetary dollar overdose in America.
Once these things start, they create a momentum of their own and eventually a likely counter by the administration to freeze out these dollars and the likely panic this ensues both domestically and internationally.