Just exactly what opportunities are likely to present themselves when the coming currency crisis destroys the greatest illusion of wealth on planet earth??
In a desperate attempt to save its own skin, Has the Swiss National Bank just DESTROYED CENTRAL BANK MANIPULATION OF GOLD AND SILVER!?!
When they woke Thursday morning, the banks had been closed on the east coast for 2 hours.
Electronic payment systems worked in select areas only: government services, food, and energy distribution.
In 24 hours those remaining systems were overwhelmed with volume and confusion. Forty-eight hours later a Federal state of emergency had been issued. All broadcasts were official. The media now fully blackened. Hospitals closed. Panic had taken over.
The story was that it was an accident. Fear spread and as soon as markets opened they broke again. The President called in all the bankers – the Fed. To spread the liquidity, reserve ratios were removed.
And they printed. Operation Extreme liquidity was implemented. Debt cancellation commenced. The banks were nationalized, but it was too late.
Prices soared, people panicked…
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.
In a taxation regime, the banks are one powerful interest group among many. In a money printing regime in a debt money system, the banks rule supreme.
To question money-printing as the one-size-fits-all solution to every economic problem is to question the power structure of the status quo.
Paper has begun its collapse; it started with the Russian Ruble and will end with the US dollar. As paper collapses, Gold will rise and then go Parabolic!
All the world currencies are falling to Gold as Gold continues to expose the TRUTH of what is TRULY going on in the world of fiat paper vs. Gold!
The TRUTH is printing money leads to hyperinflation and much much higher prices in both Gold, and especially Silver as their respective ratio gets reset.
The TRUTH will set Gold & Silver free with a Parabolic rise in 2015!
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 now. The USDollar is doomed, and its captains are running for their lives.
The return of Gold to its primacy is long overdue.
The next generation will look back at the current period with utter astonishment. The archives will be riddled with debates and all manner of euphemisms for what led to the collapse of the world’s first and last fiat reserve currency.
It is a process well underway.
Take a look at two seemingly unrelated, though current, economic-financial trends: Food stamps and subprime:
And central banks are running scared…
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, is—if you wouldn’t own the ruble, then what are you doing holding 100% of your assets in the dollar?
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.
The foundation for collapse is already well established. Hyperinflation is fluid process. It is a becoming. A great tsunami dislocating, destroying in that sense it is already here. NOW is the time to act.
For yourself, which is for everyone.
Don’t wait for velocity. Don’t wait for the surface tension to break.
Don’t wait for the tsunami.
Game over, Japan.
Hara-kiri seems to be the only option at this point.
Investors are getting mixed Messages about whether we are facing an Inflationary or Deflationary Future.
Answering that question correctly is important both to profitability and protecting wealth.
Major Bankers and some Government Officials Claim they are worried about Deflation.
But rising costs for Health Care, Food and, until recently, Energy, indicate we face an inflationary, and perhaps even a hyperinflationary, future.
Which is it? Inflation or Deflation?
Today, let us be thankful that the following has not occurred…YET.
A young lady waking up one morning, pouring herself a steaming cup of coffee, and stretching as she walks over to turn on her TV. As she clicks her remote, she suddenly sees a disturbing image of the U.S. President on the screen (flanked by the Secretary of the Treasury, and the Federal Reserve Chairman) making an unscheduled speech….at 7 in the morning. She tries to change the channel, but it seems to be on most stations, even non-news stations.
“The President has called for calm in financial markets.” “Authorities try to stabilize currency and bond markets, ahead of Dow opening.” “Dow futures down by 845 points.” “Dow futures now down by 985 points.”
“The President has asked for patience as banks are to close for a brief period, before reopening again next Tuesday.”
A few years ago Jim Rickards came out with his book “Currency Wars” which talked about countries engaging in a race to devalue their own currencies to try and pump up sagging domestic economies. As things have unfolded, the currency wars have indeed been intense.
We can kind of think of all these massive QE and stimulus programs like a stock car race to see who can devalue their currency the fastest. Right now the US has pulled in for a pit stop, but Japan, China, and the EU are still fighting it out on the track.
The Japanese yen is now collapsing.
If the yen goes “super-nova” – i.e. collapses – it could bring down the U.S. The U.S. QE/Keynesian Ponzi scheme relies on Japan to help keep the scheme together.
The yen is beginning to hyperinflate and it is now entering “parabolic” mode.
First, this will cause the Japanese banks to implode because they’re loaded up with Japanese stocks and bonds, the way our banks are loaded with Treasuries. The banking system would not survive a yen collapse.
If the Japanese banking system collapses, it will translate into massive derivative losses and short term funding losses in the U.S. banking and hedge funds. In other words, U.S. banks have massive credit exposure risk to Japanese banks.
The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking.
If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high in October, margin debt on Wall Street had spiked to record levels, the unemployment rate was below 5 percent and Americans were getting ready to spend a record amount of money that Christmas season.
But then the very next year the worst economic crisis since the Great Depression shook the entire planet and everyone wondered why most people never saw it coming. Well, now a similar pattern is unfolding right before our eyes.
Once this false bubble of hope runs out, all of our lives are going to dramatically change.
The amount of leverage in the U.S. Dollar fiat currency system reached an all time high in 2013. Even though the growth in total U.S. currency more than doubled since the collapse of the Housing and Investment banking system in 2008, the majority of the increase was from just one bill in particular.
U.S. Department of Engraving and Printing issued more $100 Federal Reserve Notes in 2013, than in any year prior.
The total face value of the $100 bills printed in 2013 were $443 billion, the cost was just a mere $580 million… basically one-tenth of a percent of the cost of the face value.
If we extrapolate this further, at the current price of gold (including Friday’s HUGE MOVE UP) of $1,170 an ounce, it would take twelve $100 bills to purchase an ounce of gold…. with a little change left over.
However, if we compare the costs below, we can see owning PHYSICAL GOLD is a much better and safer deal when the Fiat Monetary FAN finally hits the COW EXCREMENT:
In the second part of this excellent interview with Finance & Liberty, TFMetalsReport’s Craig Hemke discusses:
- Gold, silver, platinum, palladium: What are the best precious metals to invest in?
- Coins, rounds, or bars: Are government minted silver coins better than silver rounds?
- Shortage- what shortage? When is a silver shortage going to hit?
- How do we predict the timing of an economic collapse?
- Will gold or silver protect you in a coming hyper-inflationary currency collapse?
Craig Hemke’s full interview is below:
Nothing is ‘normal’ when gold and silver aren’t circulating as money. The central authorities need to manage the fiat and keep going the illusion of it having exchange value forever. By managing the fiat price lower, as occurred on Friday, the supposition is that people will be ‘scared’ out of their gold/silver and exchange it for fiat to prevent further fiat ‘losses’.
Of course, such action will backfire as more and more hoard the metal at fire sale fiat prices, never to exchange it for fiat again.
The financial crisis of 2008 hasn’t ended – nor did it start from the overt reasons given. Every second that gold and silver coins, as well as their attendant bills, do not circulate is a ‘financial crisis.’ How this manifests itself going forward is hard to predict.
It will likely involve global famine and the complete breakdown of payment systems. If the central authorities, as well as the man on the street, continues to believe and accept the ideology of fiat as being money, civilisation will collapse a lot more quickly than would have been the case. This is guaranteed.