U.S. DOLLAR AND TREASURY BONDS ARE DEAD

U.S. DOLLAR AND TREASURY BONDS ARE DEAD-DR. JIM WILLIE

Greg Hunter comment.  13 November 2013

http://usawatchdog.com/dr-jim-willie-treasury-bond-will-be-phased-out-and-gold-phased-in/

VIDEO:  http://www.youtube.com/watch?v=IPQRWrSdGF0

 

Greg Hunter’s USAWatchdog.com 

Dr. Jim Willie, financial writer and Editor of the Hat Trick Letter, says, “I’ve been getting overwhelmed in the last month or two at the plethora, the litany of signals the financial system is imploding.  U.S. dollar is in a sell-off.  Treasury bonds are rapidly losing their integrity . . . and both banking and military sectors losing their global leadership.”   Dr. Willie goes on to says, “The U.S. dollar and its trading vehicle, the Treasury bond, are dead . . . we have extraordinary tactics in place to keep the system going because they don’t want all the big U.S. banks to die.”  Dr. Willie goes on to warn, “Banks, bonds and currencies are all on the edge of collapse.”  Dr. Willie contends a global currency reset is coming.  What happens to the U.S. dollar and gold?  Dr. Willie predicts, “50% dollar devaluation . . . we’re going to see a doubling of the gold price overnight.”  Dr. Willie contends, “The Treasury bond will be phased out and gold will be phased in.”  Join Greg Hunter as he goes One-on-One with Dr. Jim Willie who can be found on GoldenJackass.com.

Anonymous comment:

Thanks Greg,

I’ve been getting withdrawal symptoms…now that I got my fix from the good Dr J…..I feel better…only to feel worse…make sense ??

Global Currency Reset – too many well esteemed commentators all agree. But a USD 50% devaluation implies (amongst others) that, as I have said before, other fiat currencies will by necessity,follow with a corresponding devaluation. Devaluation against what ? As JW points out ….against GOLD. Dollar down by 50% implies Gold up by 100% + concurrently. This compensates for the massive losses (1 Tln) in UST that China holds. Logical and very possible. At the rate that they have been acquiring gold through reported channels …a 15000 T cache is not improbable. If one were to take into consideration the Gold that it has also acquired through non LBMA channels (ie directly from miners/producers/mints) then it would be quite feasible to conclude that they are the holders of potentially 20000T. For very good reason they are ecstatic that they are not divulging their grand plan to the public at large.. for once the word is out, the USD crumbles and its game on. 

What JW didn’t speak clearly about (inference only)was the substantial influence CHINA has and IS exerting. It literally is holding everyone to ransom…by the short and curlies….by the balls. All its got to do is twist or squeeze just a little and the reaction and subrogation seems instantaneous. With the FED looking after its crony pals in the Big Banks (http://www.zerohedge.com/news/2013-11-12/former-fed-quantitative-easer-confesses-aplogizes-i-can-only-say-im-sorry-America)

and with all Big Western Banks in a state of technical Insolvency, an economy not swimming …but drowning in debt and the Chinese sitting there with a pile of worthless paper doo doo and the largest single hoard of Gold …no wonder we end up in this predicament. Everyone is being sold out. 

Soon they will have not only all the Gold, but all the trophy assets and control of Real Estate and the Multi – Nationals AND The Reserve Currency…by DEFAULT. There simply wont be another one to compete with it. The Yuan will literally be GOLD.

Brilliant work men…both of you.

NOTED added  by anonymous

Greg,
I just found some mind blowing stuff which our dear friend and whistle blower K Hudes recently broadcast…this is going to shake you to the core…..esp. the last 4’ with Karen Judes.
http://www.youtube.com/watch?v=iemedJ6RVnk 

Whistle BLOWER- Secret Plot to NUKE parts of the USA Exposed!   By Karen Hudes http://www.youtube.com/watch?feature=player_detailpage&v=iemedJ6RVnk 

===========