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by Jim Willie, via Silver Doctors:
The US Dollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in Chinese RMB grow slowly, and the banking reserves in non-USD bonds grow slowly, the risk for the US Dollar to be marginalized has increased significantly in the last two to three years.
Basically speaking, a fiat currency run by a corrupt, thieving, and dishonorable hegemonic regime for the sole purpose of exploiting the rest of the world cannot stand the test of time, and will be dismantled.
The community of nations gathers momentum and organization with producing an alternative. It has taken time, and will require more time. The scenario is indeed possible of a dual universe has been raised, whereby the West continues under the USD-based system, and the East emerges under a new RMB-based system. However, the Eastern alternative is step by step to emerge with a gold foundation. The US Dollar cannot compete with Gold in any way except through continued fraud, intimidation, extortion, and open war. All these topics at high level and ground level are covered with analysis in the Hat Trick Letter.
The fall of the King Dollar Empire is near, as the Global Paradigm Shift proceeds without potential for interruption or much further delay. The galactic decay decline and demise is assured. It has been a brutal final chapter, marred by universal corruption and endless war. It has earned the Empire of Chaos label, for its many color revolutions which mask the brutal hegemony and theft of assets. The fall of the baseless USDollar occurs simultaneously with the rise of the solid Gold foundation. Below are the Top Ten risks to the USDollar, which will end the year 2017 in a significantly weaker position than it started.
ILLICIT RISKS
Many are the illicit and precarious risks which surround the unfolding platforms that support the US Dollar. The bank derivative machinery cannot be exposed for its fake bond demand, which has been the basis of all supposed bond rallies since 2011. The narcotics money laundering cannot be exposed for its stalwart support to sustain the US and British banking system, whose cutoff would bring huge consequences. The gigantic hidden budgets cannot be exposed for their grand diversion of funds toward secret space programs, secret weapon systems, and secret underground escape facilities. The enormous Chinese and Russian gold reserves cannot be exposed for their potential new foundation for a global monetary system. The foreign powers dumping of US Govt debt in greatly amplified volume cannot be exposed for its immediate threat to the USD foundation. The genocide programs (chemtrails for air, fracking for water, GMO for foods, viruses in vaccines) cannot be exposed for the widespread motive to murder the global population, for which the United States will be labeled the rogue nation, isolated, and possibly quarantined.
The loss of the pipelines for narcotics, drugs, human organs, and sex trafficking would hinder the flows that keep the kitty full of cash. The black budget CIA and Pentagon programs demands would spiral out of control if and when the drug trade pipeline is shut down. Some early steps have been completed in this direction. Secret breakaway society space program budgets might also go out of control for the same reasons. Ending other unspecified programs present further risks, which are largely off-book fronts that cover for huge payoffs necessary at high levels to maintain the economy.
China and other huge debt holders can cause a rapid default whenever they want to, as they can make final the default by introducing gold-backed systems with a legitimacy not seen since 1971. They are actually waiting for the US-dominated system to fail on its own weight and decayed structures, so as to avoid blame and a possible nuclear war. No plausible plans exist by global banking institutions to evolve into the future using USD-based platforms in sufficient amounts to prevent their demise. Exposure of the real Fascist United States since WWII as a pariah nation might explain the true reason the rest of the world has not progressed naturally since then. Students must research Operation Paperclip, which after 1945 permitted a significant flow of several hundred Nazis into influential positions within the US Govt, US banks, US businesses, and US programs like NASA. They are the core NeoCons today.
The risk of eventual implosion rises each month, from an unsustainable system deeply insolvent. Sanctions have strengthened the Eastern resistance in trade, finance, politics, and security. America is much weaker and more vulnerable than most experts realize. The only one who seems to understand that is Trump, as the warmongering NeoCons of both red and blue vests seem incapable of comprehending the trend changes and wind shifts. Many former US allies will be thinned out and brought down, like the Gulf monarchies. Oman will remain standing due to its relationship with Persia and China. The world needs railroads, ports, industrial plants, sustainable food production, proper health care, effective education, functioning courts, and well-mannered police who protect and serve and not kill rob or harass citizens.
These concepts are the basis of capital formation and civilized system, for which the West has lost touch. The Western industrial model has failed due to perversion and corruption. The corrective process will be happening over the next 10 years, with profound reforms and new remedies put in place.
What comes will be commodity backed money with precious metals at the core of the new system. Payment systems will be more like a utility without the participation of corrupt banks demanding ferryman fees with occasional obstructions to perceived enemy camps. The Keynesian system is coming to a violent end, along with its sick Kabuki Theater. Humanity’s path will be redefined.
NEW SCHEISS DOLLAR & GOLD TRADE STANDARD
In time, expect an eventual refusal by Eastern producing nations to accept US Treasury Bills in payment for trade. The United States Govt cannot continue on numerous glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the US Dollar while at the same time to take steps toward the return of the Gold Standard.
The New Scheiss Dollar will arrive in order to assure continued import supply to the US Economy. 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 US Govt will be forced to react to US TBill 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 annual trade deficit would immediately render the entire batch of gold at risk of forfeit. Any such lease would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States. The cost would be supply shortages to the US Economy, a result of enormous export increases to China.
Even if the US Govt can secure such a large hoard of gold, like from Bush Family and Rubin Clan seizures of stolen Fort Knox gold reserves, the United States will be vulnerable from a $550 billion annual trade deficit. Its settlement after one year would exhaust all 10,000 tons, since at $1300/oz, such gold tonnage would be worth $420 billion. The United States is truly trapped in an economic insolvency situation, with inadequate industry and a huge unresolved trade deficit.
srslyBot5000 executing script: “Financial Collapse”
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A New World meaning Gold and Silver got a nominal value, Why? They created the system, they also created the new one. Jim Willy is off.
I heard some say it goes like this; they should have made some money before going rebellious basically.
I agree to that, then it would be easier but tainted, we would be stronger but dirty.
It is a danger to become what you fight even in small %.
I am against them, I will not comply!
A New World meaning Gold and Silver got a nominal value, Why? They created the system, they also created the new one. Jim Willy is off.
No we just do not like your ways!
https://www.youtube.com/watch?v=452XjnaHr1A