Top Ten US Dollar Risks
Jim Willie
March 27, 2017
53
The
USDollar 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 USDollar 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 USDollar 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.
USFed
in QE inflation to monetize USGovt debt *** The central bank operating
the USDollar frauds is actually undermining all global banking systems
with the hyper monetary inflation. The community of nations cannot
permit the rot of their banking reserves from the USFed policy blessed
with collusion by the USGovt. The primary purchaser of USGovt debt is
derivative machinery, which produces fake demand for the USTreasury
Bonds.
Asian
Infra-Structure Investment Bank (AIIB) threatens IMF/WB dominance ***
The standard infiltration of global debt facilitation has been
interrupted. No longer are nations compelled to compromise their
financial structures by means of debt arranged in USDollar favor, which
permit tentacles of control from Washington via the International
Monetary Fund and World Bank. Both agency offices are seeing the lights
turned off, and even some prosecution for fraud.
Cross-Border
Inter-Bank Payment System (CIPS) *** The abuse by Washington in using
SWIFT as a financial weapon will soon come to an end. The Eastern system
CIPS is not only an alternative, but it is also quicker and executed
with lower cost. The many sanctions by the USGovt have all backfired.
China
& Russia energy trade in RMB payment *** As of 2014, in reaction to
the Ukraine War and interruption of the Gazprom energy supply network,
the two Asian superpowers have built a united front. Instead of damaging
Russia, the Americans have enabled the two nations to forge a stronger
financial bond, built upon the energy backbone. In doing so, they have
essentially killed the Petro-Dollar on the eastern front.
Refusal
to accept USTBills in trade payment *** The defiant movement grows.
Several global corporations (not by any means the majority), have
refused the USD in trade payment at ports. They are demanding payment in
their native currency, or some other form like Gold. The movement will
grow, especially as the energy trade takes the lead.
Ukraine
War to obstruct Russian trade & supply *** The fascist NeoCons in
Washington and Israel have created a Vietnam in Eastern Europe. Almost
no obstruction of Russian natural gas will be realized, as alternative
routes through Turkey are well along. The sanctions are an economic and
political failure. Many EU member nations continue some trade, ignore
the sanctions, seek bypass of the rules, and have set up subsidiaries
inside Russia. The political repercussions for the fascist EU
commissioners in Brussels is nasty and profound. These fascist princes
will be put out.
Syrian
War to obstruct Iranian energy supply *** The annexation of Syria by
the United States failed. The links by Shiite factions to Iran are
established. Iraq was a US disaster and site of war crimes and wealth
pilferage. Syria will fall under Iranian control and with Russian
connection to make the energy pipeline complete, but over time. Wars to
obstruct economic ties will not succeed, as the mask has been ripped
off. Besides, Israeli energy output will join with the Iranian energy
output toward the Gazprom pipeline network in a grand irony.
Theft
of Saudi USTBond Holdings in USDept Treasury ESFund *** The dirty
backside to the Petro-Dollar accord struck in 1973 is the placement of a
few odd $trillion of Saudi petro surplus reserves at the USGovt
offices. It serves as the core to the Exchange Stabilization Fund, which
controls many important financial markets. Maybe the Saudis agreed to
contribute at least $3 trillion to the Washington scoundrels. Maybe the
Saudis were told they would receive the credits later. Expect the
$trillions to be stolen, while the Saudis are tossed under the bus. The
9/11 lawsuit bill appears to signal the betrayal.
Gulf
Arab oil payments in RMB terms *** With each passing event where the
Saudis pay visits to kiss the Chinese ring, the time draws near to the
agreement to pay for Saudi oil output with RMB currency, bonds, or some
form of the Gold Trade Note. That GTN instrument is gradually taking
form on the Russian corridor, using the Shanghai outpost. The
Saudi-Chinese link will find a way to build the RMB payment channels,
centered on oil shipments.
USEconomic
implosion with Credit Market *** The USGovt debt market is a massive
asset bubble of several $trillion. The community of nations is
abandoning it, dumping USTreasury Bonds at an alarming rate. They react
both to lower oil revenues and to disgust over USGovt policy on trade,
finance, and war. The USTBond market depends critically upon bond fraud
and derivative controls. Neither can be sustained.
ILLICIT RISKS
Many
are the illicit and precarious risks which surround the unfolding
platforms that support the USDollar. 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 USGovt 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 USGovt, 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
USTreasury 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 USDollar 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 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 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 USEconomy, a
result of enormous export increases to China. Even if the USGovt 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.
Failure
to produce a legitimate bonafide gold-backed currency, together with an
adequate industrial base, would mean the United States will be
confronted with a real big nasty currency crisis. Any new currency, even
with gold backing, would be subjected to a series of devaluations due
to the enormous trade deficit. The result would be heavy powerful
painful price inflation from the import front. The effect would be to
reverse a generation of exported inflation by the United States. The
entire USEconomy would go into a downward spiral with higher prices,
supply shortages, and social disorder. However, the rising prices would
come from the currency crisis, and not so much from the hyper monetary
inflation. That flood of $trillions has been effectively firewalled off.
During the crisis that comes, the gold price will find its true proper
value between $5000 and $10,000 per ounce. Then later, it goes higher,
as it seeks equilibrium in a new world where gold serves as the global
arbiter in trade and banking and currencies.
********
HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.
"As
a Golden Jackass subscriber, I greatly enjoy listening to your
interviews because it really lends a sense of passion that lies behind
the tremendous body of information and formulation that goes into your
monthly research. Though I must admit, it scares the hell out of me most
of the time. Still, I will not miss it for the world. I feel that
having a truly objective insight from your research, in depth analysis,
and accurate forecasts gives me and my family an important life saving
advantage. And I mean that sincerely."
(MichaelS in Ontario)
"I
have continued my loyal patronage of your excellent commentaries not so
much because of my total agreement with your viewpoints, but because
you have proven yourself to be correct so often over the years. When you
are wrong, you have publicly admitted it. You are, I suppose by nature,
an outspoken and irreverent spokesman for TRUTH against power, which
differentiates you from almost all other pundits on world affairs."
(PaulR in Hawaii)
"For
over five years I have been eagerly assimilating any and all free
information (articles, interviews, etc) that Jim Willie puts out there.
Just recently I finally took the plunge and became a paid subscriber. I
regret not doing this much sooner, as my expectations were blown away
with the vast amount of sourced information, analysis tied together, and
logical forecasts contained in each report."
(JosephM in South Carolina)
"Jim
Willie is a gift to our age who is the only clear voice sounding the
alarm of the extreme financial crisis facing the Western nations. He has
unique skills of unbiased analysis with synthesis of information from
his valuable sources. Since 2007, he has made over 17 correct forecast
calls, each at least a year ahead of time. If you read his work or
listen to his interviews, you will see what has been happening, know
what to expect, and know what to do."
(Charles in New Mexico)
"A
Paradigm change is occurring for sure. Your reports and analysis are
historic documents, allowing future generations to have an accurate
account of what and why things went wrong so badly. There is no other
written account that strings things along on the timeline, as your
writings do. I share them with a handful of incredibly influential
people whose decisions are greatly impacted by having the information in
the Jackass format. The system is coming apart on such a mega scale
that it is difficult to wrap one's head around where all this will end.
But then, the universe strives for equilibrium and all will eventually
balance out."
(The Voice, a European gold trader source)
53
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 JimWillieCB@aol.com
No comments:
Post a Comment