Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade

The idiot resistance sycophants, intellectuals, and shills focusing on the non-existent Russian intervention of the 2016 US elections are missing the boat, as usual.  Russia and China are enemies of the US because of their nuclear warheads--that's a given.  But the overarching reason is because they are de-dollarizing.

http://www.zerohedge.com/news/2017-04-01/moscow-and-beijing-join-forces-bypass-us-dollar-global-markets-shift-gold-standard

Terrifying Tsunami To Rip Through Global Markets In 2014

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/12/30_Terrifying_Tsunami_To_Rip_Through_Global_Markets_In_2014.html

Global Markets Now On The Verge Of Total Panic & Meltdown

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/7_Global_Markets_Now_On_The_Verge_Of_Total_Panic_%26_Meltdown.html

What happened on Friday certainly suggests that something major could be just around the corner.  It is well known that a rise in interest rates beyond certain levels will lay naked the insolvency of governments around the world.

While we certainly do not relish the chaos that would result from a meltdown of the bond market, it will not come as a shock to those who have studied financial history.  It is always the result of the fiscal and monetary policies which have been irresponsibly pursued, whether well-intended or not.

There are no examples in history of any paper currency not culminating in a violent collapse.  None.  It has been tried by all of our ancestors throughout human history.  All examples resulted in failure.  The lesson never learned is that humans cannot be trusted with the ability to create money out out thin air.  The list of those who have come before us include the Mongols, Chinese, French, Germans, Romans, Hungarians, etc.  It is not about a particular culture or a period in time.  It just does not work.

If the carnage in the bond market continues next week, we could finally be at that moment where the system reacts chaotically and violently.  It is sad, but it is the predictable end to the financial path that was chosen in the mid-1960s.

For those who are dispirited by the action in the energy and precious metals markets, a true panic out of financial assets into so-called real assets will cause those markets to skyrocket when denominated in fiat currency.  Today was a warning that this moment might finally be at hand.

Turk - Global Markets & Banking System Face Major Collapse

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/18_Turk_-_Global_Markets_%26_Banking_System_Face_Major_Collapse.html

Quantifying The 6 Downside And 2 Upside Risks To Global Markets

This chart is instructive, but has two glaring omissions:  war in the middle east and in the far east.


http://www.zerohedge.com/news/2012-09-25/quantifying-6-downside-and-2-upside-risks-global-markets

Gold miners to go global

http://www.chinamining.org/News/2010-12-01/1291165804d41197.html

Look for M & A activity within the precious metals mining sector to increase globally going forward.

Irrelevant politics

http://dollarcollapse.com/articles/why-we%E2%80%99re-ungovernable/

So what’s happening? Just a few years — in some cases just a few months — after sweeping into office with promises of “change” and a quick clean-up of their predecessors’ messes, leaders of major democracies from across the political spectrum are in being swept right back out.

Did they turn out to be incompetent, or their policies wrong-headed? There’s hardly been enough time for either verdict. But if not that, what?

The answer, in a word, is debt. When an economy’s borrowing passes an historically identifiable point it loses the ability to navigate from crisis to solution. In the case of Europe, Japan, and the U.S., the range of choices has narrowed to only two, inflation and austerity, and neither are working.

When Europe tried inflation by promising to bail out the PIIGS countries, the euro collapsed, as the global markets correctly saw an oversupply of paper currency on the horizon. When it switched to austerity, workers across the continent saw their livelihoods threatened. Either way, the folks in charge get blamed and have a tough time holding their jobs.