A major breakdown is in progress for the USDollar index. It has broken its intermediate uptrend which began in April 2018…
Source: http://news.goldseek.com/GoldenJackass/1561955003.php
Shanghai Gold Exchange
A major breakdown is in progress for the USDollar index. It has broken its intermediate uptrend which began in April 2018…
Source: http://news.goldseek.com/GoldenJackass/1561955003.php
A contact at Evolution Consulting has reported that his best contact notified him that VIPs are being invited to take tours of the Shanghai Gold Exchange operation. This man was among one of the guests. These tours are not being arranged in some congenial welcoming event, not at all. Rather they are informational and official in granted preview. They are almost surely being staged to inform the opposition that it is all over for them now. With a cherry on top, the VIP guests were required to pay for the tour. The above juicy tidbit was provided by a client, passing the word along. Something big is afoot.
CHINA CHANGED POSITION
China seems to have changed its position toward aggressive in the gold market introduction with gusto and emphasis. Conclude easily that where there is smoke, there is fire, and the heat will be on physical gold metal demand in Asia. In turn the pressure will be put on the USDollar, whose custodians are not honorable and for perhaps the last time, have betrayed the Chinese. Lower USDollar valuation combined with already chronic low bond yield could have turned the Chinese hostile in the wake of the USFed rate hike. The Jackass raises the conjecture (stronger and more classy than guess) that the USGovt and its bankster masters lied to China about a rate hike, and the Chinese are very angry. The sleazy central banker crew defaulted on the gold lease from 1999, evident in 2014. The same sleazy vile crew have used tricks like bank derivatives to create phony bond demand, tricks like Reverse REPO to undo the last rate hike by ramping up to dangerous levels the bond leverage, alongside massive bond default on legacy bonds from nearly a century ago. The fact that a bond is old does not invalidate the bond’s integrity and requirement for honoring it. The criminal central banker crew in all likelihood stole at least $3 trillion in Saudi USTBonds as well, which serve as ESFund core. China has probably seen enough, and will proceed with the Global Currency RESET. Their nation is under stress, and the imposition of the Gold Standard should right their course well enough, even if it derails the United States to the point of entry into the Third World.
London Paul believes something significant is on the verge of breaking the paper gold market. The clues have come on the behavior of the gold market since the Yellen Fed announced its small rate hike. It was small but significant, and probably involved a lie to the Chinese Govt finance ministers. Such coincidences do happen, but odds are against a coincidence in this case, since so critically important. Time will bear out the conclusion. The Western bankers have a long history of lies, deceit, betrayal, subterfuge, sabotage, and pilferage. They might have sacked their economies on the road to the Global Fascist State, but China has not signed up for the destructive evil development and pathway.
SIGNIFICANT MARKET HINTS
EuroRaj confirmed London Paul’s suspicion and tentative conclusion. He mentioned that such view is absolutely right, given the market reaction. Someone at the Shanghai Gold Exchange spiked the price higher the moment the Fed raised rates, which required the paper market to follow higher. He stated unequivocally that the Chinese do not consider the USFed, the banker cabal, and the US Elite as honest business partners any longer. He expects their harsh clear revenge to follow, with the launch of the long awaited Global Currency RESET to come next. US President Trump visiting the Andrew Jackson grave site was another sign, as Jackson was an arch-enemy of the banker cabal. He survived an assassination attempt. Neither Trump nor China wanted the rate hike. Trump does not want higher USGovt borrowing costs or the added economic headwind. China does not want lower bond principal value and lower USDollar value. Hence the East appears to have burned the Western banker cabal with a paper fire that could turn into a bonfire in gold metal demand.China likely perceived a maneuver to sabotage Trump by the banker cabal, and the Beijing leaders yelled PUNT, game over, no more cooperation…
Source: Jim Willie: Front Seat in Shanghai: Jig is Up | Gold and Precious Metals
(Jim Willie) The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms. The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.
Bilateral Oil for RMB Sale + Shanghai Gold Exchange = Gold Trade Note
GOLD ENTERS THE TRADE EQUATION
Examine the many components for the demise of the Petro-Dollar, the fading importance of the USTreasury Bond, the chronically supressed Gold market, and the emerging structure of the oil trade among the Eastern superpowers. Grant Williams lays it out in wonderful style in a recent Zero Hedge article, truly great work. See Zero Hedge (HERE). Take it one step further. The Russians as primary oil producers have the ability to sell oil in RMB terms, accept the Chinese currency and purchase gold at the Shanghai Gold Exchange. Soon the Chinese can better organize their oil purchases from other nations. The vendors can turn around and do the same, convert the RMB into gold in Shanghai. The Petro-Dollar has been effectively replaced with the mechanisms of a Petro-Yuan erected on the Gold table. The Chinese are putting in place a link between oil and gold, once again like before the Bretton Woods Gold Standard was violated by Nixon in 1971. The Gold Standard is emerging, with respect to the oil market…
Source: Gold Trade Note Sighted
Be sure to review my commentary about Dunn’s updates after the videos below.
by Enerchi, January 4th, 2017
A computer hard drive that belonged to the Clinton Foundation was stolen back in 2009. It contained information related to the ‘pizzagate & pedogate’ pedophilia network, including billionaire Jeffrey Epstein’s pedophile island, also information about Hillary Clinton selling chemical weapons to Iraq. Which was a false flag operation to give the USA Corporation a reason to go to war with Saddam Hussein in Iraq. This hard drive is now in the hands of the agency White Hats and the contents of this hard drive are scheduled to be released through Wikileaks headed by Julian Assange.
Uploaded on 5 Aug 2016
In the following video, Elijah Johnson of Finance and Liberty interviews Dr. Jim Willie once again to get Dr. Willie’s insight on what is really happening in global economic markets. Listeners had a chance before the interview to send in their questions, and one by one Dr. Willie goes through each of them.
The interview opens up with a question about a very strange shipment of gold to the COMEX market, which is the primary market for trading metals such as gold, silver, copper and aluminum. It was reported that Switzerland exported a record amount of gold to the U.S. in May, which was the largest shipment in decades, and more than 50x the normal monthly average.
Continue reading Jim Willie – Full Interview – Aug 3, 2016 – YouTube