04/07/2017 Friday - Jim Willie on The Strength in Silver and China's Bitch (JP Morgan).
GoldenJackass.com is where you can find Jim Willie who doesn't give a damn about plastic Dollars, but does explain how a gold-backed currency basket of nations might leave the US the odd man out.
GoldenJackass.com Summary
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topics covered include
- Syrian War with US-led hidden ISIS involvement in grand confusion
- falsified ISIS videos continue with guerrillas posing as rescue workers over fake victims
- risk to paper assets with favor to Gold & Silver investments
- the grand suppression of the Gold market since the Lehman event during the QE hyper monetary inflation episode
- the 5-fold rise in money supply since Lehman event as justification for 5-fold sudden rise in Gold price
- the stupid argument (propaganda) of not sufficient amount of Gold bullion to cover currencies as pure Keynesian rubbish
- the USFed rate hikes with ulterior motives but with risk to undermine the USDollar credibility
- the fear rises on the puffed up bloated bubbly USDollar currency market
- the sequence likely to occur on Gold RESET with trade payment, then bank reserves, then gold backed currencies
- the profound challenges for remedy to the gargantuan imbalances in the financial world
- the imbalances which should not continue since so difficult to remedy (straw dog heresy)
- the emerging dual universe of a USD-based West versus an RMB & Gold-based East