Dr. Jim Willie: Global Currency Reset! Devaluation of Fiat Currencies Against Gold, Introduction of New Republic Dollar, End of PetroDollar, Rise of PetroYuan, Saudis Are the New Bogeymen ….

• Jackass Roasting On An Open Fire! 
  by Turd Ferguson, http://www.tfmetalsreport.com/
  In what’s become a holiday tradition, The Golden Jackass stopped by Turdville recently to spread some holiday cheer. In this lengthy podcast, The Jackass sums up the events of 2013 and then gives warning regarding the events he sees coming over the horizon in 2014.
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  Look, I realize that this baby clocks in at about 80 minutes long. Do with it what you will.
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  * Break it up into manageable segments (gives you a reason for a break from your in-laws)
  * Download it and listen to it while you drive your family to Grandma’s (at 75mph, you could cover about 100 miles)
  * Ignore it completely (at your peril)
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  Merry Christmas to all and, to all, a good podcast!
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• Dr. Jim Willie: Global Currency Reset ! Devaluation of Fiat Currencies vs Gold ! 
  by Dr. Jim Willie, www.GoldenJackass.com 
  Many are the deceptive and destructive events in the gold world, whose dots must be connected in order to make sense of the dizzying array of events. The COMEX tail will not wag the gold dog much longer. An end game has turned the corner, since the metals exchange is fast running out of gold bars. Even the SPDR Gold Trust (aka GLD Fund) is fast being depleted, the final stockpile to raid and pillage in betrayal of dopey stock holders. They are not permitted to withdraw gold bars, even when qualified, another fraud. The COMEX in year 2014 might end up as a Cash & Carry Gold Mart finally.
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  Behind the curtains, in a complex process loaded with intense pressure, to resolve violations of gigantic Eastern Allocated Gold Accounts, in forced margin call resolution for failed FOREX and Southern European sovereign bond trades, a massive exodus of gold continues. It began in April 2012 and has not stopped. Its volume is staggering and tests the limits of imagination at 1000 (one thousand) tons per month, moved from London and Switzerland and shipped to Hong Kong and Beijing. Its movement is closely associated with the reported massive movement of gold from the very busy Swiss refiners, whose output of recast gold bars conforms to 1-kg bars with .9999 gold standards dictated by China. The Paradigm Shift is seeing the power structure shift, given the tremendous displacement of wealth. Gold is going eastward. Banker phone calls are going eastward. Construction cranes are going eastward. Engineering talent is going eastward. Power is going eastward. In retaliation, watch viruses go eastward. See the SARS virus.
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  The latest important riddles pertain to the Global Currency Reset and the Chinese Encroachment on Wall Street. A devaluation of the entire set of major fiat currencies is near, which implicitly will occur versus Gold. In other words, the Price of Gold will double soon. At the same time, a USDollar devaluation is being demanded by major global forces. It can only be accomplished by the creation of a new Republic Dollar, not bound by the cited 5% band. It will suffer a series of devaluations like the Venezuelan Bolivar. A penalty is demanded for the monetary abuse to the USD, the gaping trade deficits, the unresolved USGovt deficits, the prevalent banker fraud, even the predatory wars waged on a credit card. Much more will be revealed on the highly disruptive reset that is underway, amidst tremendous obstacles. Regard it as a step within the Petro-Dollar Demise and the arrival to the De-Industrialized Third World (DI3W).
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  The Chinese have become managers of an indirect audit on the COMEX itself, through acquisitions and warehouse purchases. It is an intriguing but effective strategy. With surprisingly little fanfare and almost zero US press coverage, a large Chinese property conglomerate acquired One Chase Plaza for a paltry sum of $725 million. The purchase includes the JPMorgan Chase headquarters and their large gold vault. The smell of derivative default is thick in the air. What better way to prove the gold vault is empty than to buy it. What better way to store their own purchased gold bullion than to buy the biggest private gold vault in the world that is located within the belly of the beast. At the same time, metals warehouses are being gobbled up by China, and the Morgan Stanley energy trading desk is being gobbled up by Russia. Not only is an indirect audit to be conducted, but price control rooms will cede control to the new Eastern tagteam of China & Russia.

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