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Jim Willie: Reset Has Begun (Now The US Must Do These Two Things AND Get 10,000 Tons Of Gold)

July 14, 2018 by mosesman
Remember the Golden Rule: “He who has the gold Rules!” © Reuters
  • Jim Willie: Reset Has Begun (Now The US Must Do These Two Things AND Get 10,000 Tons Of Gold)
    by Jim Willie of Golden Jackass, via https://www.silverdoctors.com/
    Gold Standard Requirements And Currency Crisis
    The United States has three requirements in returning to the Gold Standard. They will be extremely difficult to achieve. They each serve as essential requirements in a criterion. All three are urgently needed. The challenge is formidable for the nation to remain as a leading player in the global economy. The United States stands alone in volume of national debt. Many place the blame on the social net like welfare, Social Security, and other measures. However, the biggest element is clearly the military budget, hardly for defense in the last two decades. As CEO Jack Ma of Alibaba stated so succinctly, the USGovt has spent $25 trillion on the military with nothing to show for it except decayed infra-structure and global animosity for its aggression. A major item in recent years for the deficits has been Medicare, which is full of fraud and waste. Another major item is the raft of pensions like for government service, judicial service, and military service.
    –
    REQUIREMENTS FOR THE GOLD STANDARD
    –

    * Eliminate the $21 trillion USGovt deficit
    * Source 10,000 tonnes Gold to support the currency
    * Re-industrialize to work down $600 billion trade deficit
    –
    Back in 2017, US President Trump commissioned a study to verify the status of the US gold reeserves. He and Vice President Pence, who led the study, were shocked to learn that the Fort Knox gold had been stolen. Of course, such a discovery never reaches the national news in broadcast or printed form. Thus the long delay in any conceivable effort to set up the $1 trillion infra-structure program promised during his campaign for office. The gears switched to locating and rescuing the stolen gold, with dirty fingers identified for ex-Presidents Papa Bush and Bill Clinton, along with the Wall Street crowd of criminals led by Robert Rubin. Rumors are ripe that the gold has been recovered, which also never reaches the controlled news networks. The eager await confirmation.
    …
    GLOBAL RESET HAS BEGUN
    The Global Financial RESET has already begun. Many are the faces of the reset, especially with non-USDollar platforms. Two key events lie on the imminent horizon which will release the Gold price. A trusted superior reliable source has indicated that two key events are imminent. The Jackass guesses 1) the Deutsche Bank failure with Italian banking system collapse AND 2) the Gold Trade Note introduction with Chinese RMB interchangeability. Expect the Chinese Govt short-term bill to possibly be equivalent to the Gold Trade Note during an interim period, like for a caretaker role in transition. It will be used on oil payments. Expect the banking systems of Germany, France, and Italy all to enter a grand crisis. A list of potential key events is provided in the June Hat Trick Letter report. A second list of key disruptive additional events is provided. The QE official monetary policy has been a grand failure, keeping the big banks afloat, but while killing the main tangible economies in the process. The proof lies in the multi-year decline in Money Velocity, amidst supposed stimulus. Meanwhile, a long list of non-USD platforms has been developed for amplified usage. China has led the non-USD procedures, with the Belt & Road Initiative its primary banner. It boasts between $6 and $8 trillion in listed approved projects, all to be carried out without USDollar usage.

    –
    read more.

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