Alasdair Macleod: Monetary Discord

gold or fiatWith the knowledge that the BIS is not in thrall to Keynes and the monetarists, we can logically expect that Caruana and his colleagues at the BIS will be placing a greater emphasis on the future role of gold in the monetary system. Given the other as yet unstated conclusion of the Mises-Hayek-BIS view, that paper currencies are in a doom-loop that ends with their own destruction, the BIS is on a course to break from the long-standing policy of preserving the dollar’s credibility by suppressing gold. [Read more...]

Jim Willie BOMBSHELL: It Has Begun- Germany to Break From US/UK, Join Russia/China Alliance!

It is finally happening in full view, in unmistakable manner, in a way that the awake, the aware, and the conscious can perceive in alarming stunning terms.
The central force of Europe, the industrial juggernaut, the stable core, has begun to pivot East.
The Germans have had enough, fed up with destructive US activities of all kinds.   For the last few months, they have been laying out their indictment, their justification, their reasons to abandon the corrupt US-UK crowd.   The bank wreckage, the market rigging, the endless wars, the sanctions which backfire, the sham monetary policy, the economic sabotage, the spying, the gold gimmicks, it has finally reached a critical level. 

Germany has begun to move East in full view.   Only the deaf dumb and blind cannot notice, and they will probably never notice. They are fodder. 
The awaited signals seen by the Jackass have finally arrived.
Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China. The justification is becoming plainly laid out, in four perceived indictment charges. 
Germany will break from US/UK and its USDollar fiat currency regime over four primary thorny issues: [Read more...]

THE GUERRILLA ECONOMIST V’S INTERVIEW WITH 4 STAR GENERAL -THE END OF THE UNITED STATES BY 2017

TEOTWAWKISteve Quayle’s European banking source “V” has released an inside interview with a ranking 4 star general, who reveals that the coming planned complete collapse of the US dollar will result in the end of the United States of America by 2017!
V’s full interview is below: 
[Read more...]

Marshall Swing: Return of the Gold Standard in 2016 After Global Financial Crash in 2015

We are going to get a gold standard probably in 2016 after the world wide economic crash of 2015.
But, between the crash of late 2015 and the implementation of the gold standard, there is going to be civil disobedience on a scale never before seen in the history of man.
The preppers are going to get the thing they have feared most and have been preparing for many decades.
[Read more...]

Peter Schiff: The Real Crash Is Yet To Come

gold crashIn this interview from the Freedom Fest in Las Vegas, Peter Schiff gives his thoughts on the coming crash of the dollar and what it may mean for both Americans and Canadians.
Schiff, one of the sole market forecasters to predict the market crash in 2008 states that:
THE REAL CRASH IS YET TO COME! [Read more...]

Mexico Looks To Back Peso With Silver: “Would Unleash a Global Power Shift”

silver coinFor many Americans the country of Mexico conjures up images of a third world nation.   The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to the United States for a better life.
But according to Future Money Trends, all that could change in the near future as key Mexican financial leaders and politicians have been working to institute sweeping monetary change that, if implemented, could unleash a global power shift of epic proportions.

This could be a major turn of events that will have global implications. The action’s set to unfold in Mexico, where many of its most influential and wealthy citizens are demanding the country abandon its fiat currency, the Peso, and return to a silver standard.
We know that many people are used to looking at Mexico as the violent, crooked, messed up country over the border… the one that sends all those illegals over here because even picking canteloupes for giant U.S. agri-businesses pays better than the job at home… it’s now time to rethink all that, because a silver standard in Mexico would unleash the biggest global power shift since Spain raided the Aztecs 600 years ago.

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PM Fund Manager: AMERICANS WON’T WAKE UP UNTIL THE DOLLAR COLLAPSES!

cliff fall coyotePM Fund Manager Dave Kranzler joins the SGTReport to discuss the details of the collapse, which is in already progress — as Jim Willie says, it started in 2008 — however the sad reality for most Americans is that they won’t wake up until it’s too late.
Dave says, “The majority of people won’t pick up their pitchforks until something really bad and painful happens.  It might actually not happen until the Dollar collapses and people see that our country is essentially a third world country masquerading behind debt, printed money and FRAUD.”
Kranzler’s full MUST LISTEN interview is below:

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The Almighty Dollar Is In Peril As The Global ‘De-Dollarization’ Trend Accelerates

As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade.  Gazprom is now asking their large customers to start paying in currencies other than the dollar But this is not just a story about Russia any longer.  As you will read about below, China and South Korea have just signed a major agreement to facilitate trade with one another using their own national currencies, and even prominent French officials are now talking about the need to use the dollar less and the euro more.  John Williams of shadowstats.com recently said that things have never “been more negative” for the U.S. dollar, and he was right on the mark.  The power of the almighty dollar has allowed all of us living in the United States to enjoy an extremely high standard of living for decades, but as that power now fades it is going to have profound implications for the U.S. economy.  [Read more...]

Must Read: The Regulators Are Terrified of a Bond Market Collapse

panicGET OUT OF YOUR BOND FUNDS NOW!
The day of reckoning is coming.
 I had a “eureka” moment last night when I read the comments by the chief economist of the Bank of England who, presumably unwittingly, warned that the aggregation of derivatives in the derivatives clearing system (primarily a subsidiary of The Depository Trust and Clearing Corporation – aka DTCC) could be “a problem from hell.”
The nexus of the problem is that fact that interest rate derivatives contracts make up the majority of the OTC derivatives.  
JP Morgan and Citibank alone have $97 trillion in notional amount of OTC interest rate derivatives exposure.
To put that in perspective, the total size of the U.S. stock market is around $22 trillion.  And $97 trillion doesn’t include the leverage that is embedded in these contracts.
Pimco, Black Rock and Fidelity have by far the largest concentration of exposure to this.   That’s why the Vice Chairman of Black Rock is going around promoting the idea of a mechanism to bail-out DTCC when the derivatives bombs start to fly. 
I was told this morning by someone in a position to know that the regulators are absolutely terrified of this problem and of a total bond market collapse.

[Read more...]

Hyperinflation Dead Ahead? US Monetary Base Goes Parabolic

If the economy is hunky dory, then why is the money supply going parabolic? [Read more...]

Is the US Dollar Under Direct Attack Now?

dollarIn just a little over a week the BRIC summit will take place in Brazil. A couple of key topics at the summit will be the promotion of two major projects, the BRIC Development Bank and the establisment of an emergency reserve fund for the BRIC nations.   While these events are US dollar negative, we can expect not much will be said at the summit about the dollar. In fact, the talk leading into the summit is that the BRIC bank is still 1-2 years from lending money.
But if you look elsewhere, a direct attack on the US Dollar appears to be underway right now.  [Read more...]

18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014

A lot of people that I talk to these days want to know “when things are going to start happening”.
Well, there are certainly some perilous times on the horizon, but all you have to do is open up your eyes and look to see the global economic crisis unfolding.  As you will see below, even central bankers are issuing frightening warnings about “dangerous new asset bubbles” and even the World Bank is declaring that “now is the time to prepare” for the next crisis.
Most Americans tend to only care about what is happening in the United States, but the truth is that serious economic trouble is erupting in South America, all across Europe and in Asian powerhouses such as China and Japan.
And the endless conflicts in the Middle East could erupt into a major regional war at just about any time.  We live in a world that is becoming increasingly unstable, and people need to understand that the period of relative stability that we are enjoying right now is extremely vulnerable and will not last long. 
The following are 18 signs that the global economic crisis is accelerating as we enter the last half of 2014… [Read more...]

Jim Willie: Collapse Has Occurred: Hyperinflation Meets Asset Destruction!

panic crashWhen is the system going to break down?  The answer is 2008. 
The tipping point was the Lehman kill in Sept 2008, following the subprime mortgage collapse.
It was a death event for the US banking structure, which should have forced liquidation of all Wall Street firms.
Then came the Financial Accounting Standards Board relaxation of rules in April 2009, which still permits the big US banks to declare their assets at any value they wish.  They hide grotesque insolvency.  Their liquidation would not happen, instead zombies walked.
The next tipping point was the Federal Reserve announcing a move toward the Zero Percent Interest Rate (ZIRP) in early 2009, followed by the bond monetization initiative (QE) in early 2012.
The most recent tipping points are the Syria War and the Ukraine War to obstruct the Russian Energy Monopoly in the European energy market.  The defense of the USDollar has taken historically unprecedented turns.
These cited extreme events are all serious tipping points
. Since 2009, the vastly depleted, exhausted, and wrecked body economic of Uncle Sam has been kept going with life support, electric shock treatment, and the formaldehyde elixir.
No recovery comes. Systemic failure and total breakdown are assured.
The only protection is Gold & Silver coins and bars. The hyper monetary inflation has met the asset destruction. 

[Read more...]

The Dependent

On September 14th, 2008, Hurricane Ike had moved inland across the US, bringing heavy rain and 70 mph winds to our home in Ohio.   How ironic that the hurricane ripped across the nation as Lehman was imploding?   The power went out for a week.  That night we lit candles, got out the Coleman stove and heated up canned food for dinner.
What if, instead of that hurricane, the Lehman collapse and a lack of TARP would have “cut the liquidity power” to the world financial system?   A fictional, “what if” retelling of that week provides me with a bit of perspective.

In recent weeks monetary speculators have been waging an all out war on the American dollar. The strength of a nation’s currency is based on the strength of that nation’s economy, and the American economy is by far the strongest economy in the world.   Accordingly, I have directed the secretary of the treasury to take the action necessary to defend the dollar against the speculators.
The president continued…
The dedicated leaders of the department of the Treasury, at the FED and on Wall Street are working furiously on your behalf to counter the actions of rogue governments and speculations against our currency. We will weather this storm and have our banking system back to normal shortly. Until that time, I have temporarily asked the director of Homeland Security to deploy peace officers as needed to maintain order in our cities

[Read more...]

Marshall Swing: $1.5 Quadrillion in Derivatives Will Collapse in 2015- Entire Financial System to Implode in An Hour!

Play

empire revoltMarshall Swing joins The Doc & Eric Dubin this week for a MUST LISTEN Metals & Markets.
Our guest this week sees more downside straight ahead before the precious metals position for a rip-roaring rise as the final & greatest economic crash in human history takes place in 2015!
We also discuss: 

  • NFP: Only Wall Street and MSM could look at today’s lousy employment report and cheer
  • Cartel unable to keep silver under $21:  Eric sees precious metals resuming an uptrend next week; Marshall Swing sees another major cartel hit soon
  • 2015:  Marshall expects major financial asset downturn and complete derivatives bubble implosion- Is the coming derivatives collapse prophesied in Revelation?
    Marshall makes the case why Gold & silver (paper) will crash, followed by super-spike to unimaginable levels as entire world’s financial wealth simultaneously rushes into Phyzz
  • Jamie Dimon diagnosed with throat cancer- will derivative mastermind Blythe Masters take over for Dimon at The Morgue? 

The SD Weekly Metals & Markets With The Doc, Eric Dubin, & Guest Host Marshall Swing is below: [Read more...]