Jim Willie: Onset of Return to the Gold Standard Is UPON US!

In the latest MUST READ Hat Trick Letter, Jim Willie reveals The onset of the return of the Gold Standard to trade, banking, and currencies is upon us…

FINANCE & CURRENCY

• Chinese tested successfully new financial platform for banking functions
• China has wrested control of the Federal Reserve and Intl Monetary Fund
• US banks are suspending proper accounting for energy firms
• USDollar shortage goes global, in massive ongoing margin call
• Russia & China no longer use USD in oil trade
• Emerging Market debt implosion near
• US pension funds begin to implode
• energy sector implosion against Petro-Dollar demise background
• systemic Lehman event is near for Western banking system
• Deutsche Bank implosion as fuse for Western bank contagion
• BRICS nations face debt threat

GEOPOLITICAL STAGE

• Pope met Orthodox Patriarch, Satanism of Western bankers confronted
• new pact with cabal membership has 90% confirmations, all except helms
• US Pentagon troops enter hot war with Langley mercenary troops (WARNING)
• seven bowls poured upon the earth, as Agenda-21 in full swing
• ISIS exposed as US-UK-Israeli tool
• Bush-Saudi narcotics connection cut
• US leads Saudi down garden path, to expunge $3 to $5 trillion in debt
• US leads Turkey down garden path, as NATO will not rescue Ankara
• no major nations pay much attention to the USGovt decrees anymore
• the US-led trade unions might have signatories, but they will die on the vine
• Russian Military key supremacy displayed
• Germany, France, and England support Russian Military efforts in Syrian front
• German industry objects to Russian sanctions, offers resistance to Chancellor Merkel
• European nations sidestep Russian sanctions gradually
• China accelerates its purchase of Russian farmland in Far East
• Costa Rica has no chemtrails in the sky, but Panama does
• Australian property targeted by Chinese in massive wave
• Russia blocks GMO food and related US imports
• Hungary just says “NO” to Arab immigration

LOCAL POLITICS & FASCIST CREEP

• Hillary treason in Benghazi exposed, soon possibly confronted
• Clinton Foundation influence peddling exposed
• US presidential election is largely a contest of fascists and midgets
• roadway billboard monitors of cell phone user activity and movement
• cancer cure has been publicized & murder of their discoverers also
• US sports events in military display (see Super Bowl 2013, see Summer Olympics 2012)

ECONOMIC

• Iran enters the global economy and joins the Eurasian Trade Zone
• fascist business model climax in global depression
• Cuban oil & gas deposit is a few billion barrels worth
• North Sea oil & gas deposits are almost depleted
• shipping strike might have USDollar avoidance angle
• California kill continues with drought, HAARP walls, radiation dumping, CO dumping
• US free trade zones flourish quietly with Chinese proprietors

MONETARY

• Shanghai wresting control of gold market with Gold Fix and RMB Gold Futures
• massive drainage of London gold has been completed, gone East
• failure of Western central bank concept gaining recognition
• negative rates are banker cabal last gasp before failure
• ban on cash is feeble laughable attempt to control money
• gold refiners finish recast crime on stolen gold
• silver cycle vanishes
• Rand Refinery in South Africa triples output during major SA nation gold mine decline

NEW SCHEISS DOLLAR & GOLD TRADE STANDARD

In time, expect an eventual refusal by Eastern manufacturing nations to accept USTreasury Bills in payment for trade. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard. The violations are:

1. to import finished goods and crude commodities, paying with IOU coupons
2. to commit multi-$trillion bond fraud in its big banks, done without legal prosecution
3. to do QE bond purchases in applied hyper monetary inflation, monetizing debt
4. to rig all major financial markets in favor of the primal USDollar
5. to engage in numerous regional wars to support the USDollar.

The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports. The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency.

The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $300 per ounce. In reaching these levels, the ratio will return to the 30-1 range. Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals. The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power. The steps will each involve a quantum jump in the Gold & Silver prices. The process will take a few years, but might be breath-taking in speed once the process is begun. The steps involve:

• the critical mass of rejected USTBills in trade settlement, citing its corrupt roots and illicit monetary policy as foundation
• the return to the Gold Trade Standard and introduction of Gold Trade Notes as letters of credit, in replacement for a fair tangible payment system (no more IOU coupons)
• the recapitalization of the global banking system with Gold as primary reserve asset, so as to relieve the grotesque stagnation, insolvency, and dysfunction
• the seeking of equilibrium in Supply vs Demand in the new fair uninhibited market, with exclusive control removed from London and New York, and placed elsewhere like in Shanghai, Hong Kong, Dubai, and Singapore.
• the seeding of BRICS gold & silver backed currencies from participating nations within the Alliance (likely several with slight variation in features)
• the re-opening of the gold mine industry with some blue sky, and relief from the Evergreen element at Barrick
• the remedy toward owners of over 40,000 tons of rehypothecated and stolen gold in bullion banks across the world (primarily in Switzerland.

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  [email protected]

Source: Golden Jackass
Via: Silver Doctors

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