goldThe one year gold price chart shows that the US has been on a de facto US dollar gold standard for over a year now.
This means that the US dollar gold price has been “fixed” for all practical purposes at about $1,300.
This is big news since President Nixon closed the “gold window” back in 1971.   “Gold window” simply means people and governments can exchange a fixed number of US dollars for each troy ounce of gold.
Now after more than 40 years, the US has re-instituted a new “gold window” dollar gold-standard. 

The current economic malaise is the result of the Federal Reserve and the US Treasury Department weakening the dollar in the early part of the last decade.   Every major economic crisis–including the Great Depression–is the result of catastrophic government errors.   Contrary to Keynesian myth, free markets are not inherently unstable.
The dollar was destroyed by ignorance.  The Bretton Woods system created in 1944 was what was called a gold exchange standard: the dollar was fixed to gold and other currencies were fixed to the dollar. Central banks could turn in dollars to the US for gold at $35 an ounce.
American authorities could have preserved the system very simply: the Federal Reserve would sell Treasury securities from its portfolio if gold began to move above $35 an ounce in the global markets and buy Treasuries if gold went below $35.
Instead the US and many other countries wanted to use monetary policy to try to stimulate their economies with easy money.
But you can’t print money like that and maintain a gold standard.   – Steve Forbes

goldThe contributors are many as actors in the American Tragedy, to cause the systemic breakdown failed state.  Faulty monetary policy, economic policy, and political policy have caused the resulting failure.  The primary perpetrators are the central bankers, led by Greenspan and Bernanke.
Refusal to Repatriate German gold was a crime out of the gate. The motive was to conceal the appropriation (re-hypothecation) of German official gold accounts.   The Germans are on notice of gold thefts by their own allies. Germany will work with the Eastern superpowers to develop a USDollar alternative and a Gold Trade Standard.
The United States has given the world two choices: war to defend the USDollar, versus work with Eastern Alliance toward the Gold Standard.
The motive for actions taken are clearly in defense of the King Dollar Regime.   The responses taken are clearly to reinstate the Gold Trade Standard and no longer deal with a toxic USDollar for trade and banking. The unintended consequences are uniform if not universal.
The outcome will be to develop the Eastern Gold Trade Standard while the entire Western system crumbles, deteriorates, sinks, and implodes

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.

LaurenLysterSteveForbesIt appears that Austrian economics are beginning to make head-way into the mainstream.
In this excellent interview with Yahoo Finance’s Lauren Lyster, Steve Forbes makes the case for a return to the gold standard, and how a return to strong money is the only viable solution to prevent the complete destruction of the dollar.
Forbes’ full interview with the lovely Lauren Lyster is below: 

The EndIn this MUST LISTEN interview with Finance & Liberty, Hat Trick Letter editor Jim Willie explains why the Eastern world will stop using the U.S. dollar and return to a gold standard, and goes on an Epic Rant regarding the control that the banksters currently hold over the US & Western financial system. 
Willie states that “We’re watching a systemic breakdown, & the death of a nation” and that the current SATANIC SYSTEM is coming to a sudden end. 
Willie’s full interview is below:

Chinese goldIf you are a “dollar bug” you DO have “full faith” in the credit worthiness of the U.S. government. If you are a “gold bug,” you don’t.  
Two groups. Two ways of looking at the world. It’s this simple. 
To quote the great Billy Joel, when it comes to whether you are a believer in the U.S. dollar or gold, it’s a matter of trust. 

I trust gold a lot more than I trust the people who print paper dollars.

Some significant events are extremely likely to occur soon, which will change the American and Western landscape permanently. The confidence in the system will vanish quickly. The gold investors will be given a bolstered hope and much encouragement. The changes will hit like a storm, slow at first, the process already having begun. The storm will accelerate, the time between highly disruptive events to quicken.
The protection is with Gold & Silver bars & coins. The solution is not to be found at the doorstep of central banks, since they are the perpetrators of the systemic ruin. They escape prosecution since they appoint the prosecutors. The solution is a return to the Gold Standard, the introduction of new gold-backed currencies, the installation of new banking systems instead of SWIFT, and the construction of free trade zones. They will all be put in place, led by the Eastern superpowers.  The Gold Trade Standard will return
The following are some likely actual change agent factors, agents, and events, which could happen before year 2014 ends. 
2014 will not end as it began.


Congressional candidate Dennis Linthicum joins Metals & Markets to discuss the blueprint to ending the Fed, as well as:

The SD Weekly Metals & Markets With special guest Dennis Linthicum is below:

Jim SinclairThe US Federal Reserve has been printing money since 2011 to cover USGovt debt securities in a frenetic manner. They have lost control. They call it stimulus, when it is actually the opposite. It does assist the speculators with nearly zero cost money to borrow, but one must be a club member to win loan grants. The Quantitative Easing programs are deceptive. When the program was initially announced, the Jackass claimed it would be part of an endless sequence. With QE1 and QE2 and Operation Twist and QE3, following the failed trial balloon called Taper Talk, it is quite clear to anyone with an active brain stem and absent rose colored glasses that the USFed is caught in a trap called QE to Infinity. It is not stimulative. Instead, the uncontrollable bond monetization causes capital destruction. It causes economic degradation. It causes lost jobs and vanished income. It is a gigantic wet blanket to smother and destroy the USEconomy slowly, amidst unending propaganda. QE is the device that will result in Systemic Failure, which is already flashing signals of its arrival.

snapThe Roman Empire represented the height of scientific knowledge of its time, yet it succumbed to the temptation of monetary debasement that was the paramount cause of its downfall.
Likewise, the U.S. represents the height of scientific knowledge of our age, but this did not protect it against the quackery of Keynesianism and Friedman-style monetarism. If we escape disaster this time, it will be by the skin of our teeth.

matrix red blueA Guest Post Submission by an ex-career banker:

The history of US finance and economy is a complex saga involving multi-generational interchanges in cycles between gold backed currency and fiat currency. There has been a turbulent and ongoing war.
Banksters thrive spectacularly when fiat currencies are in place. If you think gold is suspicious or worthless then the Banksters have done a real job on you.
America is bankrupt. Additionally so is most of Europe and Japan. China’s debt printing is more sizable than the US. Additionally China’s shadow banking debt levels near double official figures to the comparative total percentages of Japan and Italy.
Assets have been rehypothecated to an unbelievable extent. This means that assets have been resold multiple times to numerous owners.  There is a day of reckoning approaching where people who think they have assets (paper) will learn there is nothing there. 

Nixon kissingerBefore 1971 the US dollar was pegged to gold, and foreign countries held dollars in reserve because the US had promised they were “as good as gold”.
The dollar came under pressure because the US money supply grew, but they insisted to keep the gold price at $35. Many European countries were redeeming their dollars for gold, because the dollar was overvalued relative to gold.
By the end of the 1970′s currency war, the dollar had lost more than 50 % of its value in 1981. Devaluation can be a short term fix but, but causes long term problems.

gold eagleLinking gold to a currency is always doomed to fail. The expansion of the money supply through bank lending and government deficit spending puts pressure on a fixed gold price, a pressure which can only be released by either revaluing gold at a higher price (from $20,67 to $35 per troy ounce in 1934) or by selling gold (London Gold Pool during the sixties). There is no discipline in a gold standard which links gold to the currency, it is just a matter of time before we can all agree it has failed. How long such a gold standard can live depends on the price at which the gold is fixed, how much gold there is in the vault to back up the currency and how fast the supply of currency expands. The only certainty is that it will fail sooner of later.

NYC-view02-China-WEBThe office building of JPMorgan with its largest private gold vaults at Chase Manhattan Plaza, opposite to the New York Federal Reserve building, has been recently sold to the Chinese.
This indicates the US and China seem to be working together in advance towards a global currency reset whereby the US, Europe and China will back the SDR’s with their gold reserves so the dollar can be replaced.
We have now arrived at the point where it is not the banks, but the countries themselves that are getting in serious financial trouble.
The idea that we can ‘grow our way back’ out of debt is naive. The current solution to ‘park’ debts on to the balance sheets of central banks is just an interim solution.
A global debt restructuring will be needed. This will include a new global reserve system to replace the current failing dollar system, probably before 2020.