(Thank you Bulldog for emailing this to Dinar Recaps.)
As we have been discussing for months, since last fall, Gold/Silver/Precious metals have a dramatic effect on our economy. I feel, IMHO, that Dinarians have educated themselves much more readily to understand what is happening 'on stage' in such a bizarre set of world circumstances. Pay close attention to what Dr. Jim is saying here. We already know this will not be heard on public broadcasts due to obvious circumstances and forbidden protocol.
The future series of events herein are well thought out; and I would estimate a 90% probability.
Have no fear if one is prepared. LET US REMEMBER, 'GOLD IS A CURRENCY'. The markets are manipulated; beware!
The Market Masters,Puppets along with Banks, Governments and Wall Street, are not user friendly.
Yes, the dollar will fall soon due to circumstances and situations beyond control.
Russian is powerful and rich along with China and the major BRICS. US and media want us to believe otherwise. Don't fall for it ~
Your top three countries currently with physical gold in place is : China, Russia and Australia. The East has it. The West has lost it. The GLOBAL CURRENCY RESET is about the price of Gold. Yes, paper fiat currency will be re-valued, hello Dong and Dinar. Follow the bouncing ball of Gold. Silver is the dark horse but more valuable than the markets indicate. Precious metal prices are dramatically suppressed. Colossal world series derivatives along with subprime bonds/loans will collapse like a house of cards.
We are near, so near, the sub prime Meltdowns, Bank failures galore and "$5,000 Gold of the Global Currency Reset". China, Russia and BRICS will make sure of the re-sets in Shanghai. We are seeing the inevitable unfold right before our very eyes. Economically, everything gets down to Power and Money.
The below Dr. Jim is a great read.
Prepare. Our Manna comes. I love you all.
Bulldog75 at OOM/Okie Oil Man.
Jim Willie: This Wildcard to Break Up European Union
In an interview with the Silver Doctors on January 24, 2015. Jim Willie says, "I said that as we got into January toward the end of February we were going to have an acceleration of breakdown events, and here we are.
It was just this past week, it wasn’t just the Swiss National Bank with their de-pegging from the Euro, but it was announced that the Greeks are going to possibly leave the European Union (EU) and experience some kind of default.
We also heard that the Russians are going to formally exit all dollar-based oil trade, going off the petrodollar."
When you see bank failures in Europe, you will see a stampede into gold.
"The timeline is that by the end of January and the middle of February, things will start breaking down in a major way. It’s probably a lot sooner than we think. There’s a strange wildcard regarding Europe, that I like to bring up from time to time.
This is really going to force fractures in the European Union (EU). Russia came back with their own ‘reverse sanctions.’ They are not going to buy any food and meats and farm products from Europe.
Apart from the fact that Russia lined up huge South American trade for food supply, what’s going to be the effect on southern European agri-businesses?
There is something like 13,000 Italian farms. Spain, France and maybe Portugal, to some extent, they’ve got big agri-businesses. These businesses are all going to be hurting. Several months ago their harvests were rotting and didn’t make it to market.
In the US we already have the hayfeed niche being bought up by the Chinese and 1/3 of the output is going to China to feed their livestock.
Here’s the wildcard coming in, which is my analysis and prediction:
When the EU dies, gold is going to zoom.
European Union Break Up
This is how the various countries are going to break up the European Union:
The Chinese are going to come in and buy up European businesses in the farm industry.
Euros to Disappear
This whole effort of market control is coming to and end. I found out that the SNB had about $800 Billion in euros. If they had all that, could they possibly be doing a hedge- short gold and reversed it? So they had a short gold position, they’re covering it, and they’re getting rid of their ‘long Euro’ position.
And you’ve got to wonder if the Swiss were aware that a bunch of derivatives were about to blow up. How did the SNB make $38 Billion last year if they were really hurting? They made it on the back of gold and by shorting the Euro.
This Swiss Franc is a major, major accelerant to the European fires.
They’re moving from the Euro into gold. Do you think that possibly a few hundred thousand big players might follow them and dump the Euro and go into gold?
We are already seeing breakouts in gold price in terms of the Euro, the Yen and the Swiss Franc. And the last one, the most toxic, corrupt, currency of them all is the dollar. Now watch the gold price go up, up , up in Euro terms, and watch the Euro, not just go down, but go away!
There’s so many factors pushing gold right now. If banks start to fail in Europe, for whatever reason, and if one or two big ones go down, you will see 15 go down, as they are all tied together, after the Lehman Brothers in 2008. If that happens, you will see a stampede into gold.
Since the US blocked the Forex window as being where the gold standard would come back, the East, led by China, Russia and the BRICS decided to respond by bringing back the gold standard through the trade window.
If Japan, Taiwan, China and Korea start trading outside the dollar, and you have this foundation of 23 nations all trading with China’s swap facilities, and you’ve hit critical mass of 70% of the world trade that’s not being settled in the dollar...followed by a climax activity like the Saudis and OPEC announcing they can pay in others than dollars, then you have hit a critical mass.
When they go to that, then all these nations are going to say that they don’t need Treasury Bonds sitting in their banks. Then they will dump US Treasuries. And this will dictate the death of the dollar.
When that happens, the gold standard will be a knee-jerk immediate consequence. That’s what’s coming.
We are turning the corner with gold and it’s exciting.
Subprime Meltdown in 3 Sectors to Be Worse than 2008
The oil industry in the US has about $2 Trillion worth of shale bonds about to blow up. That is bigger than the mortgage subprimes. They have already started. You are going to see dozens failing.
The car industry subprimes, the 7 year loans, are also going to blow up.
The third area is the $1 1/2 Trillion student loans are going to be defaulted on because the graduates can't find any jobs.
They have over 20,000 tons of gold under the Kremlin in the vault. Who’s weak, Russia who has 130 Billion in reserves, or the US, with 18 Trillion in debt?
Germany to Leave European Union (EU)
I’d like to put forth some speculation here. I predict that the Germans will leave the Euro because of QE."