Jim Willie , share his thoughts on the economy and how protect yourself against the next financial crash. A major breakdown is in progress for the USDollar index. It has broken its intermediate uptrend which began in April 2018.
Eighteen months of official rate hikes and tremendous hidden activity with derivative bond purchases, which obscure the absent USTreasury Bond buyers, have finally weighed on the King Dollar. The USEconomy suffers from 20 key breakdown signals, about which the lapdog press refuses to report. The historical tightening has turned into a failed experiment, an attempt to return to normalcy when no such event can possibly occur. Ponzi Schemes cannot be gradually unwound. The USGovt debt has gone past $22 trillion. The USGovt deficit this year is set to surpass $1.3 trillion. The missing money volume for the USGovt, a fat pig exploited by various departments, is conservatively estimated at $21 trillion...
CORRECT FORECASTS LINING UP
Jim Willie forecasts are coming to the fore, made over the past few years:
Gold Trade Note is launched Germany flipping East China buying Saudi oil in RMB terms USGovt tossing the Saudis under the bus USFed reverts to Infinite QE Forever USTreasury Bond recognized as global subprime bond Numerous non-USD bank transfer facilities emerge Britain seeks a role in Belt & Road Initiative Iran becomes a vital member of Eurasian Trade Zone US loses control of oil market as OPEC dissolves The Dual Universe comes into form, USD vs RMB Shanghai gradually wrests control of Gold market US bond market unravels as crisis expands US finds utter isolation
GOLD BREAKOUT IN MAJOR CURRENCIES
The Gold price breakout has begun in Euro terms. All signals point higher.
The Gold price breakout is building in British Pound terms. All signals point higher with more momentum than in the Euro counterpart.
The Gold price breakout is building in Swiss Franc terms. All signals point higher with equal momentum to the Euro counterpart.
The momentum is strong. Big moves are coming, to capture global attention.
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***** Hopefully, by now you realize the importance of being prepared for financial disaster & economic collapse. Be sure to check out my videos on economic collapse preparation, and don’t forget to like and share this video.
PAUL CRAIG ROBERTS : US ECONOMY ABOUT THE COLLAPSE: https://youtu.be/8_DnCpOb9a8
13 Scary Things that Happen When an Economy Collapses: https://youtu.be/b84Mg16a7r0
10 Things You Must Do Before The Dollar Collapses : https://www.youtube.com/watch?v=mEWmQW4Sp8E
The Systemic Lehman Crisis Has Begun - Witness The Many Warning Signals Imminent Crisis by Jim Willie: https://youtu.be/M4NEM9RHqow
** (DISCLAIMER: The financial and political opinions expressed in this video are not necessarily of "Financial Argument" or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.) **
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Report Date: July 2019
by Jim Willie of Golden-Jackass
READ FULL DOC: http://news.goldseek.com/GoldenJackass/1561955003.php
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