Things Are Spiraling Out of Control: The Currency War Has Reached A High Fever Pitch While The Real Economy Fades Rapidly After Each And Every Infusion Of Promises From The Central Banks… A “Credit Supernova Is Dead Ahead!!!

JIM WILLIE: FEVER PITCHED CURRENCY WAR & USDOLLAR REJECTION IN 2013

The Competing Currency War threatens to disrupt international relations

The year 2013 will be the year when the USDollar is isolated and set up for rejection

A return to the Gold Standard is in the works.  The key to the solution is a USDollar alternative, actually trade settlement outside the USD

A Gold Trade Note is coming, the basis of Eastern trade, serving [...]

Gold And Silver Prices Will Explode In 2013: Global Monetary War Is Intensifying While Ben Bernanke Dumped Nearly $2 Trillion In Excess Deposits On Banks And Mr. Abe Calls For The Bank of Japan To Buy All Construction Bonds Issued By The Government

JIM WILLIE: THE GOLD WAR

The global financial crisis is better described as a global monetary war to defend the toxic USDollar, whose sunset can be seen.In the last 12 to 18 months, the monetary war has again morphed, this time into a far more serious and financially violent global Gold War. Nations are fast realizing that their only true liquid assets of value are their gold reserves, and even they [...]

Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!! China Persists In Refusing To Buy US Paper, And Fed May Buy $85 Billion in Bonds Per Month. We Are On The Verge Of A Major Currency War!!

A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollarand peg their currency to the Chinese yuan — a major signal of China’s successful bid tointernationalize its currency, a research report has said.

The Peterson Institute for International Economics, or PIIE, said in its latest research that Chinahas moved closer to its long-term goal for the renminbi to become a global reserve currency.

Since [...]

USTBonds – Black Hole Dynamics – Jim Willie CB

Man-made financial phenomena imitate nature, but more importantly they are subject to the powerful laws of economic nature. The Wall Street financial engineers have built vast structures, which tragically are crumbling and soon will fall to the ground. Vast illusory wealth will be lost, never truly garnered. The fiat currency system has required tremendous efforts not only to build the financial skyscrapers ever higher each year, but also to provide [...]

US Dollar VS Gold: Epic Money Battle – Jim Willie CB

By: Jim Willie CB, GoldenJackass.Com <
– Posted Wednesday, 25 April 2012 | Share This Article | Source: GoldSeek.com
The so-called Global Financial Crisis is a term so widely used that it has earned its own acronym of GFC. When first seen, it seemed like girl friend club or some such, since many friends use GF loosely to refer to sweethearts. The GFC is falsely named, since it is more accurately described as a global monetary war [...]

Jim Willie CB: 80% of the activity is almost totally kept from the public. The financial system is breaking in an accelerated fashion.

By: Jim Willie CB, GoldenJackass.Com

– Posted Thursday, 12 April 2012  | Source: GoldSeek.com
What an incredibly complex confusing and treacherous month. It can be safely said that 80% of the activity is almost totally kept from the public. The financial system is breaking in an accelerated fashion. Compare to some grisly horror movie where a man is strapped in a chair. The more he moves, the tighter the bindings pull on his [...]

Fed Swap Lines Jump 59% In A Week As Japan Shows Its Hand

It seems that it is not just the Europeans that are USD cash starved heading into year-end as theSwiss and Japanese gorged themselves on two-week maturity FX swap lines during the last week. The total outstanding under the Federal Reserve’s USDollar Liquidity Swap Operations jumped from $62.599bn to $99.823bn – or more than 59% during the week ending 12/28. Admittedly, the size of the additional Swiss draw-down, $320mm more compared to $75mm the [...]

Jim Willie, CB: USTBONDS: The Monster Spleen

The USTreasury Bond rally over the last few months has been celebrated. Some call it a contradiction of the Standard & Poors debt downgrade of USGovt debt. Some hail the rally as proof that the USDollar remains respected as global reserve currency. Some regard it as a sign of bond market health in general. Some claim the US remains the safe haven. These are all errant views [...]

Supply, Demand & the USDollar: Jim Willie, CB

The economic theory in textbooks must be updated to account for Fiat Soft Science. An important third factor determines price. It is not demand, as most Deflationist Knuckleheads claim. It is not supply, as the moronic followers of Laffer Curve advocates insist. Instead, it is the falling USDollar since all commodities are priced in US$ terms. Lower demand will not result in lower commodity prices, since the [...]

The Silver Platter Opportunity: Jim Willie CB

Every few years, a tremendous opportunity arises. The autumn months of 2007 and the autumn months of 2008 offered such an opportunity to buy silver. That $11 silver price is long gone. Many smart folks seized it. Whatever can be said on such silver platters applies almost equally to gold. The silver sprint gains are typically much larger than the gold steady gains. The coming [...]

The Great Misdiagnosis: Jim Willie, CB

Imagine a doctor who administers an elaborate treatment for a man suffering from multiple broken bones, joint arthritis, and fallen foot arches. The quack doctor orders massive amounts of liquids as though he has a horrible case of dehydration. The inept doctor also permits unlimited freedom of movement around the hospital and its grounds to the patient, as part of the blunt treatment. The man [...]

The QE program will soon be announced as ended, since so offensive, when in fact it will be incorporated and melded completely into routine weekly activity.

My forecast has been for a powerful Inflationary Recession to occur, a consistently laid out analysis, delivered during the last year or more in clear terms. That has been my call, and continues to be my call. The Deflationist camp is making more noises. They do not know their limitations, which are obstructed by a blind eye toward the monetary inflation. They do not understand [...]

Many are scratching their heads wondering how can the market not tank

Jim Willie:

http://news.goldseek.com/GoldenJackass/1300910400.php

 

“Call it the EMERGENCY G-7 YEN SELLING PACT or coordinated Japanese support, no matter. It will become the biggest, most grandiose coordinated monetary initiative in modern history…

They can rescue the Yen, but not the USDollar, the new toilet paper with green embroidery.

Tremendous emergency funds have been appropriated and set aside by the Japanese Govt for financial market rescue & support. More funds have been devoted [...]