Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics:
You’ll know the dollar is about to die when rises, rises and rises some more, because it’s soon going to vanish…the dollar and Treasuries will suffer a vanishing act from global rejection because foreign nations are going to say we don’t want your stinking toilet paper called “Treasury Bills” – we want something better. – Jim Willie
I have been following Jim Willie’s work since 2002 – back in the days when Jim would submit free article to Gold-Eagle.com. Although I can’t make the time to listen to every podcast he does, I have listened to many over the years and recently. I can honestly say that the podcast that the Shadow of Truth separated into two parts because of its length is the best audio footage of JW that I have ever heard.
Something happened around the middle of 2013…[back then] I noticed significant changes in the relationship between the U.S. Government and the Saudi royal regime…In 2013 I came and said, “the petro-dollar is going to be trashed and we are seeing indications of this right now in the middle of 2013 – look for a grand and ugly divorce between the U.S. and the Saudis. [ed. note: this forecast is proving to be true, as the Saudis are clearly shifting their allegiance to China and the BRICS].
My colleague Rory did very little editing – this is Jim Willie in his essence. Something wound-up JW the day we recorded this and we were not about to perform any editorial surgery on his oration nor were we going to interrupt him until he ran out of gas, which is why this podcast is in two segments.
Emmet Fox wrote “The Sermon On The Mount” – this podcast could be named Jim Willie’s “Economic And Geopolitical Teachings From Costa Rica:”
The U.S. dollar is not even worth toilet paper – toilet paper has value until you use it to wipe, then it’s worth what the dollar is worth.”