Jim Willie: Dollar Will Severely Crack By Mid- February!
As 2015 began, the global breakdown is getting more clear. The retail and oil sectors are failing. There will be a worldwide call to an end of the dollar.
In 2015, the BRICS alliance countries will come to center stage and openly call for the end of the dollar and institute the gold standard as a solution.
The oil industry has $2 Trillion in sub-prime bonds, which is bigger than the sub-prime mortgage problem that blew up
and caused the 2008 crash. In the next few months you will see a crashing of those sub-prime bonds.
By the end of January there is going to be an international move away from the dollar.
The dollar will severely crack around the Chinese New Year in mid-February.
The dollar is dying.
In 2015, the BRICS alliance countries will come to center stage and openly call for the end of the dollar and institute the gold standard as a solution.
The oil industry has $2 Trillion in sub-prime bonds, which is bigger than the sub-prime mortgage problem that blew up
and caused the 2008 crash. In the next few months you will see a crashing of those sub-prime bonds.
By the end of January there is going to be an international move away from the dollar.
The dollar will severely crack around the Chinese New Year in mid-February.
The dollar is dying.
Submitted by GramsGold:
In an interview with Jim Willie on January 9, 2015 with Paul Sandhu, Willie says, “I believe the US has already defaulted. They suspended the debt limit and the Chinese now has controlling interest over theFederal Reserve.
The
Chinese have taken ownership of JP Morgan’s headquarters, which
includes the largest private non-central bank gold vault in the world,
that has underground tunnels into the Federal Reserve gold vaults.
Regarding
the US debt default, I believe the Chinese have told the Americans:
“Don’t announce it, because we’re still busy converting out Treasury
Bonds into hard assets, like port facilities, energy projects, mining
deposits and commercial office buildings.
China Will Be the Biggest Employer in the US in 3 years
US Debt Default Already Happened
The Chinese are putting billions on deposit in Wells Fargo, and borrowing 5-7 times as much to buy US commercial buildings. The Chinese are using the US system to bring about a “commercial colonization.”
They’ve
got about 7 industrial parks. Some are in upstate New York, Idaho, and
in Pittsburgh the Chinese bought the huge, abandoned “Westinghouse
Mills.”
They are going to become the biggest American employer in about 3 years. They are also buying in South America as well.
Oil Price Crash to Cause Economic Crash Worse Than 2008 This Year
What’s
the true story about oil? It’s not strictly a supply and demand issue.
China and the Saudis are wrecking the US oil industry by dropping the
oil price. In Canada you have a 64% decline in rigs in just 6 weeks!
The bigger story to come is that:
The oil industry has $2 Trillion subprime bonds, which is bigger than the subprime mortgage problem that blew up
and caused the 2008 crash.
In the next few months you will see a crashing
of those subprime bonds.
The Petrodollar is Now Dead
There
has been much talk about when the petrodollar will end. It has been
dead for over a year. What confirmed it for me was when the Brent crude
oil price converged to the “West Texas” price. The next stage is when
countries start openly trading in oil without using dollars, which will
happen in 2015.
Russia Is Not Falling Apart
The mainstream media states that the great USA engineered
the oil price to damage Russia. That’s wrong.
Russia is dumping US Treasuries and buying gold.
The
Russians are not hurting like the western press makes them out to be.
They have found a second source of food in South America. Turkey will
send them things they need as well.
The mainstream media states that the great USA engineered the oil price to damage Russia.That’s wrong. The ruble has declined in its exchange rate as much as the oil price, so the oil price has not changed for Russia.
The
impact they do have is in import prices from Germany, like BMWs. Russia
is NOT draining their gold reserves as the West says. Instead, they are dumping Treasury Bonds.
They are converting the dumped Treasury Bonds to GOLD, which is the exact opposite of the western propaganda states. Their economy is not falling on its face. I repeat - Russia is NOT falling apart.
They are converting the dumped Treasury Bonds to GOLD, which is the exact opposite of the western propaganda states. Their economy is not falling on its face. I repeat - Russia is NOT falling apart.
GOLD
The European Nations are Trying to Form a Large Hoard of Gold
The
Europeans are demanding their gold back. Why? I learned that the
Germans got advanced warning back in 2011 about the Ukraine war, and
didn’t like it, so asked for their gold back.
Now I’m learning that the central European nations are trying to form a large hoard of gold. I
believe it is going to be used as the European “deposit” in order to be
a member of the new BRICS gold and silver-backed currency system. They
cannot join it without submitting their gold deposit. So they want their
gold back.
The US and French has held back on giving Germany its gold back. But Germany has much more gold – they have over 4,500 tons in reserves.
It’s one of the leading nations in the world for gold holdings. They
can’t get 1/10th of what they already own, from the US. They have 90% of
their gold in their possession.
The West does not want you to know Germany has all this gold. They want you to think gold is irrelevant, while we are staging wars all over the world, stealing central bank gold. Within 3 weeks of the Ukraine coup d’etat by
the US fascists – they stole the Kiev central bank gold of 33 tons and
put out a false story that it’s in safe-keeping at the New York Fed.
That bought the US another couple months to dump it on the gold market (to suppress the prices).
Gold Standard & New World Order
In 2015, the BRICS alliance countries will come to center stage and openly call for the end of the dollar and institute the gold standard as a solution.
As 2015 began, the global breakdown is getting more clear. The retail and oil sectors are failing. There will be a worldwide call to an end of the dollar. In the last seven G20 meetings, the most important announcements were that the G20 was morphing into a BRICS conference.
In
2015, the BRICS alliance countries will come to center stage and openly
call for the end of the dollar and institute the gold standard as a
solution.
They will say that now is the time, as they don’t want all their economies to fail simultaneously.
I believe this is part of the so-called “New World Order.”
I believe this is part of the so-called “New World Order.”
Future of the United States
The Americans are going to experience MASSIVE SHORTAGES along with an INCREASE of PRICES.
Their
national leaders are going to explain to Americans the urgent need to
come up with a domestic currency, in order to secure import supply.
If
the US loses its reserve currency status, it’s going to have to pay for
its imports with some other currency. If they start a new dollar, they
will have to prove what it’s back with. They may say it’s gold-backed,
but then cannot prove they have it, because it’s no longer there.
Instead, there are mining contracts for the future “digging up” of gold.
Of course that won’t be accepted.
Then
this new US currency will be devalued 30% out of the gate, then another
30% in 6 months, to a total of 70% devaluation of the dollar.
When
global trade stops in the dollar, the banks of the world are going to
stop taking Treasury Bonds and dump the ones they have.
The
Americans are going to experience MASSIVE SHORTAGES along with an
INCREASE of PRICES. Then comes chaos, disorder and rioting. Then comes
the martial law.
FUTURE OF THE DOLLAR
I have not said that the dollar will end in 2015,
but that 2015 is the year the dollar suffers some very severe,
if not fatal, cracks in the system.
I think by the end of January there is going to be an international move away from the dollar.
The dollar will severely crack around the Chinese New Year in mid-February
The
dollar is dying. IT’s falling UP. It’s a difficult notion to
understand. The financial markets are all controlled by the
derivatives.They are covering like $4 Trillion dollars a year in
derivatives. They are the main items that the Federal Reserve are
covering.
That’s why I said that before the dollar dies, it will first rise and then rise some more.
We
are starting to see all the major financial markets crack on the upside
while oil is cracking on the downside. The world is onto our game. The
dollar is dying.
At the end of January you are really going to see things further cracking. By trying to hurt Russia with sanctions, the US is only really alienating itself,
as Russia makes agreements with China. The US is not going to isolate
Russia, but instead isolate themselves from the BRICS and their 170
alliance nations. The US is in the process of isolating itself.
Europe
The Germans might let Greece go – to cause the chaos in London and the US.
The
Russian sanctions are actually hurting Europe more than the Russians.
Germans are going to abandon the European Union. They are against the
Russian sanctions, saying they ‘make no sense’.
Russia
played an excellent chess move, and said they were going to build the
Southstream gasline through Turkey and not through Europe , and let the
northern nations fend for themselves.
The
US is telling the European nations: “Join us. Join the war in Ukraine,
let’s block off Russian energy, trade, banks and influence.
Join us in the United States, as we wreck your economies, destroy your
labor market and destroy your wealth. War is good! Poverty is your
future!”The Greek situation could be a real big fuse. The Germans made an official statement a week or two ago, saying, “It would be no big deal if Greece leaves the European union (EU).”
This
could be the good element of Germany, allowing Greece to default, with
Russia and Chinese’s blessing, knowing that doing so would bring about a
lot of havoc to London and New York banks.
The
Germans might let Greece go- to cause the chaos in London and the US.
Then the Germans can say “This union is no longer viable.” This could be
their excuse to leave the EU.
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