Jim Willie: US Dollar Currency Crisis to Send T-Bond Yields Soaring!

launch rocket verticalWe are at the doorstep of a major USTreasury Bond breakdown. The TNX (10-year bond yield) is at the 3.0% doorstep, as 3.5% looms very likely in the coming months. If and when the breakout comes, it will make the Taper Talk backfire seem rather insignificant, as a gathering storm will hit like a financial hurricane on every continent.
A currency crisis is in powerful early stages, an extension of the enduring Global Financial Crisis that bank leaders had no desire in quelling for over five years running.
A USDollar currency crisis eruption could send the 10-year USTreasury Bond yield past 3.5% easily, then later toward the 4.0% level in a sudden burst. 

It is not just the Gold market they are losing control, but the nemesis to gold, the USTreasury Bonds.
Russia & China are at an advanced stage to replace the USDollar in its key role as trade settlement medium and global reserve currency within banking structures.
The big conflict will come when the Chinese no longer are able to convert their USD sh*t paper into Gold bullion.
Only then will Beijing light the fuse.

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Jim Willie: A Failed State Lies Before Us!

economic collapseMany identifiable solutions can be cited if the people are determined to work toward a solution for the United States of America, for its return to health and strength, for its restoration as a cradle of capitalism and a beacon of freedom. Obviously it is too late, but many solutions do exist and could have been pursued following the 2000 market bust and tech telecom chapter. They also could have been pursued following the 2008 market bust and Lehman chapter.
Each breakdown has resulted in deeper commitment in the wrong direction, deeper devotion to the financial sector, deeper involvement in criminal behavior. Each breakdown resulted in an even greater dependence upon asset bubbles for wealth creation, instead of work. Each bust leads to deep corruption, not a pursuit of solutions.
Consider the list and chew over their themes, while reviewing the many policy directives in the last ten years that have remained in a dedicated and committed manner off the trajectory toward solution, while maintaining the primary official objective of retaining power. The policy answers of free money, ample controls, lost rights, and fresh socialist programs are the bitter fruit of failure.
A failed state lies before us. [Read more...]

Jim Willie: This is the Year We Have the Currency Explosion!

willieFinancial newsletter writer, Dr. Jim Willie, has a bleak warning for America.  Willie says, I don’t think the United States is going to be killed as the host.  I think it’s going to be bled to death and harvested for its organs, and done so by China.”  Dr. Willie explains, The Chinese will drain this nation and all the Western nations of all their gold.”  Dr. Willie predicts,I have been saying steadily, not until the dollar has problems and the globe starts saying we’re not going to use it anymore, and we’re going to force a devaluation on you . . . that is when the dollar will hit Main Street and the U.S. economy with price inflation.  It’s coming this year. . . .This is the late stage, the very late stage.  Dr. Willie goes on to predict a big German bank will cause a string of bank failures, a domino effect of failed banks.”  Dr. Willie goes on to say, When the big impact comes from the dollar global rejection, and when devaluation does take place, there will be three effects:  a jump in prices . . . food shortages and supply disruptions, the third is violence.  This is the year we have the currency explosion.”  Don’t think Obama Care is going to make things easier.  Dr. Willie thinks, “It will be 100 times the nightmare than you think it might be. . . . Obama Care is a big plan to track people, both their money and their bodies, like a bunch of herded animals.  This is going to manage death of the individual and manage death of the economy.”  Join Greg Hunter as he goes One-on-One with The Golden Jackass, Dr. Jim Willie: [Read more...]

Jim Willie: Return of the Gold Standard is Near!

Jim Willie goldThe next year will feature many powerful new effects. The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. The payments for the asset purchases will be done in USTBonds, as the Eastern entities dump them as fast as they can before the great devaluation.
At the same time, the Russians & Chinese will be busy conducting indirect audits of the Wall Street and USFed themselves. By becoming the landlord at the JPMorgan gold vaults, the Manhattan metals warehouses, and the Platt energy offices, they can push aside the corrupt gold and oil market interventions.  They can realize a capital gain in the 15,000 tons of gold sitting as reserves at the Peoples Bank of China, more than enough to offset USTBond writedowns. The year 2014 will see important changes in the bond market, gold market, oil market, and currency market.
But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit.
It will feature the BRICS central bank, where emerging market reserves held in USTBonds and other toxic sovereign bonds will be redeemed for Gold bullion.
The year 2014 will see important changes to global trade, in a major Paradigm Shift.
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Jim Willie: In 2014 The Failure Begins!

it begins collapseThe entire global financial system hurtles toward failure, which has been the quintessential Hat Trick Letter forecast since the year 2007, when numerous failure signals flashed red. The QE bond monetization by the USFed, joined by the other major central banks, has been adopted as permanent, just as forecasted in 2010. The ZIRP zero bound rate has been adopted as permanent also, just as forecasted in 2009. The consensus continues the totally incorrect viewpoint of monetary accommodation being stimulus, when it instead is killing capital and destroying the economy.
The systemic breakdown has become widely recognized.
Systemic failure and widespread sovereign bond default is no longer avoidable, nor is big bank failures. The breakdown failure will begin to occur in earnest, with acceleration, in year 2014.
The Global Currency Reset is a euphemism for the Return of the Gold Standard, which will seethe Gold Price will rise to $3000/oz. [Read more...]

Jim Willie: Forget a Taper, Fed to TRIPLE QE!

Bernanke fedThe true volume of QE bond monetization purchases is much higher than reported.  It is way over $100 billion per month, probably closer to $200 billion per month.
The USFed recently relented, they blinked, and when they briefly told the truth, they admitted the QE volume would continue forever and a day. Given the political pressures, and some reflection in corner office lavatories, they toy with the concept of tapering again. They realize the hyper monetary inflation has turned into a deadly toxic dependence. It is useful for the mere mortals among the 99% crowd to absorb the realities behind QE and its true nature, better described as QE to Infinity. The sidebar is Zero Percent Forever. The USFed is stuck in the destructive monetary policy.
The USEconomy is in steady deterioration, the recession dreadful and relentless. The USFed is monetizing an amount equal to 150% of the official USGovt deficit.  The Global Currency Reset is extremely complicated, thorny, and dangerous.
The winner will be Gold.
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Jim Willie: Gold Trade Standard to Rise From the Ashes of Wrecked T-Bond Bubble!

gold standardThe Taper Talk delivered the final blow to the big US banks, insolvent at the time. Now they are struggling with liquidity problems as a result of massive derivative losses that sap and drain their precious capital. The rise in bond yields caused tremendous damage. The Financial Regulatory Bill (aka Dodd-Frank Bill) will be suspended, just like the suspended FASB Rules on accounting practices in April 2009. The big US banks are to become bigger uglier darker zombies, more desperate too. The resistance to liquidate remains firm and steadfast with the utmost urgency and resistance.
The ongoing endless perpetual ZIRP & QE is their legacy, which has placed a noose around the neck of the nation. Systemic failure, dead ahead!! The Gold Trade Standard will rise from the ashes of the wrecked USTreasury Bond bubble, the greatest grandest beast in asset bubble history.
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Jim Willie: The Financial System is Imploding, 50% Overnight Dollar Devaluation Coming!

Dr. Jim Willie, financial writer and Editor of the Hat Trick Letter, says, “I’ve been getting overwhelmed in the last month or two at the plethora, the litany of signals the financial system is imploding.  U.S. dollar is in a sell-off.  Treasury bonds are rapidly losing their integrity . . . and both banking and military sectors losing their global leadership.”   Dr. Willie goes on to says,The U.S. dollar and its trading vehicle, the Treasury bond, are dead . . . we have extraordinary tactics in place to keep the system going because they don’t want all the big U.S. banks to die.”  Dr. Willie goes on to warn,Banks, bonds and currencies are all on the edge of collapse.”  Dr. Willie contends a global currency reset is coming.  What happens to the U.S. dollar and gold?  Dr. Willie predicts, 50% dollar devaluation . . . we’re going to see a doubling of the gold price overnight.”  Dr. Willie contends, The Treasury bond will be phased out and gold will be phased in.”  Join Greg Hunter as he goes One-on-One with Jim Willie: [Read more...]

Jim Willie: Gold Fever: Coming Global Currency Reset Will Double Gold Overnight!

goldThe United States has ushered in hyper monetary inflation with the series of Quantitative Easing programs, as in QE1, QE2, Operation Twist, and QE3. My belief is no longer than hyper inflation is inevitable, since already part of current policy now. Hyper-inflation is already here!
As a result of the hostile monetary war, the USDollar and its USTBond vehicle are facing not simply opposition, but broad-based earnest organized initiatives to avoid them. The goal is to replace them in workarounds. A reset is apparently near. The pressures to install a more fair, more just, and more enduring system is enormous, and will not cease. The demand is to bring back the Gold Standard, the equitable arbiter, the true enforcer.
The demand for Gold is inelastic. As price rises, so does demand. It is called Gold Fever.
Something big is near, as the tremors are being felt in every global corner, and every global market. [Read more...]

Jim Willie: Gas & Gold: Goodbye to the Petrodollar!

jim willieIn likely his longest and most in-depth interview ever given to date, Jim Willie discusses the sunset of the King Dollar, and gold’s up and coming role as a global reserve currency.
Willie breaks down the introduction of capital controls in the US, and the fact that all the signals point to the same conclusion: The system is breaking down.
5,000 tons of gold have moved east in the past year.  The game is over. The King Dollar is dead.
Willie’s full MUST LISTEN interview is below: [Read more...]

Jim Willie’s Stunning Claim: The Game is Over. King Dollar is Dead! – Gold to $7,000 Silver to $250+!

willieMany analyst writers choose the Black Swan analogy to describe deeply ominous events in progress, with little forward notice. The analogy simply does not fit anymore, as an armada of black swans is more appropriate, spotted on regular and frequent sightings.
The US financial fortress died in September 2008
The Grand Paradigm Shift is in progress. My sources indicate that 5000 metric tons of Gold bullion moved from London to points East between April and July 2012. The flow eastward never stopped. The pace has continued. The Gold bullion continues to be shipped in enormous staggering volume.
The agreements have already been made on the new Gold Trade Settlement system with its newly imposed Gold Trade Standard. They have agreed on a $7000/oz gold price, with a similarly exalted silver price of at least $250/oz.
Decisions have been made final. The implementation is slow but steady.
The game is over. The King Dollar is dead.
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Jim Willie: Gold Resurrection from Financial Disaster

jones gold 2The central bank concept is the Matrix in embodiment, but the Eastern nations led by BRICS and G-20 have a key to unlock the USDollar prison. A quick look at the Australian banking system reveals four global banks who own outsized portions, their reach extending to the largest gold producer in Oz as well. Incest is best. The fast decline in Money Velocity is the most convincing proof of the failure of monetary policy. It does not provide stimulus, but rather capital destruction. The foreign dumping of USTreasury Bonds actually accelerated this past summer, amidst the Taper Talk trial balloon offered by the hapless desperate Bernanke Fed. His legacy will be one of disproving his own PhD Thesis, since liquidity in torrents does not repair insolvency, and no traction comes to soaked ground.
A grand game of shuffling gold bars has begun, actually accelerated in a final phase. The big bullion banks wish to obscure that they are almost bone dry of gold in inventory. The COMEX will shut down from no gold, rather than criminal prosecution in a land where crime rules and treason is the syndicate bylaw.
The climax event will be the return of the Gold Trade Standard, discarding the USTreasury Bonds, converting them to Gold bullion. The early adopters and those who follow the viable solution will be the winners. Those who cling to their USTBonds and their other paper securities in indentured servitude will be the losers. [Read more...]

Jim Willie- No Taper Coming, Fed Will DOUBLE QE!

Bernanke helicopterJim Willie, Publisher of the Hat Trick Letter, thinks, “Reversal in the Treasury bond market could be a death blow for these zombie New York banks . . . These big banks are in danger of imploding.” Dr. Willie predicts, “I don’t think the Fed is going to taper its bond buying. I believe they are going to double it.” Dr. Willie goes on to say, “The Fed will say let’s continue QE, and instead of suffocation from rising rates, we’ll have drowning from rising costs. . . . They are going for drowning because it’s slower.” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with financial analyst Dr. Jim Willie. [Read more...]

Jim Willie: US T-Bond Market: The Greatest Asset Bubble in Human History Nears the Cliff

cartelThe great global Paradigm Shift involves far more than wealth migrating from West to East in the form of Gold bullion. The corruption among the Wall Street bankers, the Chicago pit commodity traders, and the London bankers is all playing out in the COMEX & LBMA fall from grace.
This article should add a good deal more light on the phony USTreasury Bond market which is not well understood for its status as being the greatest asset bubble in human history, not just modern history. It exceeds the housing & mortgage bubble that formed a decade ago, if not from volume, then from scope since it is laced throughout the entire global banking system.
The USGovt shutdown is blatant evidence of the march to the cliff.
The global USTBond dumping, combined with some diversification from sovereign bonds to gold bullion, aggravated by Indirect Exchange, will continue to put great pressure on the USFed to maintain the bond equilibrium charade. The volume of USFed monetization is going to rise from all these negative factors at work. In 12 months, it will be clear.

The climax blow will be the conversion of USTBonds and EuroBonds and UKGilts and JapGovtBonds into Gold bullion that kills the current system and opens the door to the new system. With great disruption, the new Paradigm Shift is in progress, unstoppable, but offering hope for a better day, a better system, a more fair system, with participants and savers given a just system. For three decades, Gold has had a nemesis in the USTreasury Bond. The USTBond is dying, a wreck in progress As the old pillars fall and the new pillars rise, The Price of Gold will be set free.
It is writtenIt shall be done.

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Jim Willie: Flash Trading Hits USTreasury Bonds

empire revoltThe USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm.
The USFed, the USGovt, and the Big US Banks urgently needed to stop the move in the 10-year bond yield (aka TNX). They needed to prevent a move above 3.0% on the USTreasury yield. They needed to avoid a calamity with both Interest Rate Swaps and USTBond carry trade reversals. They needed to avoid a trigger of sell stops. They needed to prevent the rest of the world selling off USTBonds within their reserves management systems, the foundation of their national banking systems. So the USFed and Big US Banks called upon themselves to place artificial high bids on USTBonds sold among themselves in a circle jerk of Flash Trading. They pushed the TNX below 2.9% quickly in the corrupt process. USFed Chairman Bernanke then backed off the Taper Talk threat, and the USTBonds rushed in a pathetic rally. The Jackass forecasted his retreat exactly, a bluff after a failed trial balloon. The bankers then resorted to the hidden work of computer algorithms. They altered the constructive dynamics of the bond market. They corrupted it one deeper level. The Flash Trade defense is pathetic, and will be revealed in coming weeks.
The bond market has converted into a Flash Trading arena within the bank syndicate to maintain bond prices. This is an explosive development, indicative of unsustainable sovereign bond prices kept up by round robin marked by internal sales within the Federal Reserve banks themselves.
The USTBond market is broken, and the USDollar cannot be defended.
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