12-26-2014, 04:02 PM
In an interview on December 23, 2014 Jim Willie says, “ The dollar is going to rise before it crashes. The dollar has surpassed 90.
It’s interesting that the dollar is rising and it’s perceived as evidence of strength. I perceive the opposite . The dollar is not rising because of strength, it is rising because the entire system is breaking.
We are experiencing system failure right now. The whole financial structure…is collapsing. The evidence of that is all this money seeking a dollar-safe haven, because everything is breaking.
We are actually seeing a phenomenon happening that I forecasted a couple of years ago. I said ‘You’ll know we are at the very end of the dollar’s reign when the dollar rises and then rises some more, right before it dies.’ For the last month or so we have been in the end game. This is the end of the dollar.
The currency reset is for a return to the gold standard and to double the gold price, overnight.
We are going to see the end of the dollar in a few months. This is the end.
We are approaching an earthquake. How do you forecast that? It’s like the birth pangs of a mother. The time between pains is shortening, as is the time between major events. A lot of time lines are pointing to the end of February or March. The Chinese are not going to allow the US to violate the global agreements.
They are going to destroy all dollar-based markets. Get out of your bank and stock accounts. Have a minimum amount to handle expense. Buy gold and silver. Which ratio? Buy 80% silver. Because central banks don’t own it and demand is rising. Central banks DO own gold and industry does not require much gold. Silver is going to rise by as much as 3-5 times as much as gold.
The US is going to be forced to come up with their own gold currency, and if they can’t come up with the gold in a manner that is legitimately audited independently, then the US is going to fall in the third world. “
“I believe that China now holds controlling interest in the Federal Reserve. Get out of your bank and stock accounts. Have a minimum amount to handle expenses. Buy gold and silver.”
Interviewer: Rob Kirby said last year ‘It’s going to die when China doesn’t get their gold.’ What is right or wrong about that statement?’
Jim Willie: “Rob is a good friend and colleague of mine. It’s very, very difficult to encapsulate the entire fraction line of the system, because we are dealing with all financial platforms fracturing simultaneously. What Rob is saying that the breakdown of the entire system is very likely to happen when gold is re-priced much higher.
That is going to happen when China can no longer take advantage of this artificially low gold price and capture more and more tonnage of gold. And I tend to agree. But we don’t know whether the rest of the system is going to break down and collapse. Like sovereign bonds. Do you know for sure that in a month from now that the US Treasury complex is going to remain floating?
This is just a colossal movement: It is for other nations to settle their trade outside the dollar. Russia and China have this big holy grail-energy-deal that’s going to stand 30 years, extending pipelines from Siberia into western China. Just last week there was a deal between Brazil and Uruguay. There’s about 25 Chinese yuan swap facilities where they are not settling in dollars for trade.
My point is, with all this non-dollar settlement, nations are going to conclude that they don’t need to hold their Treasury Bonds anymore and they are going to start dumping them. It’s an event that’s going to force the hand of the Federal Reserve.
Rob believes the fault line is going to be gold, and he might be right. The ‘Voice’ has told me that we are going to wake up one day (it might happen around ……….There is MUCH MORE to the story...Read the rest of the story here….
http://beforeitsnews.com/economy/2014/12...86720.html
It’s interesting that the dollar is rising and it’s perceived as evidence of strength. I perceive the opposite . The dollar is not rising because of strength, it is rising because the entire system is breaking.
We are experiencing system failure right now. The whole financial structure…is collapsing. The evidence of that is all this money seeking a dollar-safe haven, because everything is breaking.
We are actually seeing a phenomenon happening that I forecasted a couple of years ago. I said ‘You’ll know we are at the very end of the dollar’s reign when the dollar rises and then rises some more, right before it dies.’ For the last month or so we have been in the end game. This is the end of the dollar.
The currency reset is for a return to the gold standard and to double the gold price, overnight.
We are going to see the end of the dollar in a few months. This is the end.
We are approaching an earthquake. How do you forecast that? It’s like the birth pangs of a mother. The time between pains is shortening, as is the time between major events. A lot of time lines are pointing to the end of February or March. The Chinese are not going to allow the US to violate the global agreements.
They are going to destroy all dollar-based markets. Get out of your bank and stock accounts. Have a minimum amount to handle expense. Buy gold and silver. Which ratio? Buy 80% silver. Because central banks don’t own it and demand is rising. Central banks DO own gold and industry does not require much gold. Silver is going to rise by as much as 3-5 times as much as gold.
The US is going to be forced to come up with their own gold currency, and if they can’t come up with the gold in a manner that is legitimately audited independently, then the US is going to fall in the third world. “
“I believe that China now holds controlling interest in the Federal Reserve. Get out of your bank and stock accounts. Have a minimum amount to handle expenses. Buy gold and silver.”
Interviewer: Rob Kirby said last year ‘It’s going to die when China doesn’t get their gold.’ What is right or wrong about that statement?’
Jim Willie: “Rob is a good friend and colleague of mine. It’s very, very difficult to encapsulate the entire fraction line of the system, because we are dealing with all financial platforms fracturing simultaneously. What Rob is saying that the breakdown of the entire system is very likely to happen when gold is re-priced much higher.
That is going to happen when China can no longer take advantage of this artificially low gold price and capture more and more tonnage of gold. And I tend to agree. But we don’t know whether the rest of the system is going to break down and collapse. Like sovereign bonds. Do you know for sure that in a month from now that the US Treasury complex is going to remain floating?
This is just a colossal movement: It is for other nations to settle their trade outside the dollar. Russia and China have this big holy grail-energy-deal that’s going to stand 30 years, extending pipelines from Siberia into western China. Just last week there was a deal between Brazil and Uruguay. There’s about 25 Chinese yuan swap facilities where they are not settling in dollars for trade.
My point is, with all this non-dollar settlement, nations are going to conclude that they don’t need to hold their Treasury Bonds anymore and they are going to start dumping them. It’s an event that’s going to force the hand of the Federal Reserve.
Rob believes the fault line is going to be gold, and he might be right. The ‘Voice’ has told me that we are going to wake up one day (it might happen around ……….There is MUCH MORE to the story...Read the rest of the story here….
http://beforeitsnews.com/economy/2014/12...86720.html