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Dead Pulses And Urgent Systematic Reform

July 8, 2016

Several important factors work in a powerful manner to debilitate, to distort, and to wreck the global financial and economic system. It is long past the point of effective remedy. After the Lehman kill event, every conceivable wrong move and policy was made and implemented. The investment in the corrupt elements has been so profound in the last several years, as to make remedy impossible. The official policies have been so errant and heretical, as to make remedy impossible. The distortions with the broken elements have been so dedicated in service to the ruling banker class, as to make remedy impossible. The degree of destruction has been so comprehensive and complete from desperate measures taken to preserve the system, as to make remedy impossible. The only working goal and objective for the ruling banker class is to prolong the inevitable death event, the collapse, the breakdown assured to cause a powerful sequence of events where the financial and economic system is seen as totally wrecked by even the naïve and ignorant unwashed masses. The ruling bankers realize no remedy is possible. They are just trying to steal as many assets and accumulate as much gold as possible before the main bust event.

By ruling banker class is meant the central bankers who control the critical government offices in the United States and its primary allied states, who assign their henchmen in significant ministry posts and regulatory bodies, and who issue orders to the puppet generals who wage war to obstruct the Eurasian Trade Zone and to disrupt foreign nations as policy. We are witnessing the climax conclusion of failure for the Fascist Business Model which arrived on center stage following the Inside Job of 9/11. The event crystallized the move into power for the NeoCon fascists who favor big bank fraud, who pervert the legislative process, who conclude false cause for war in numerous venues. They have destroyed everything they touch, in every arena they are involved in. Their consistent trait is failure.

SYSTEMIC KILL FACTORS

The destructive factors which have destroyed the global financial and economic system include the following:

  • USFed monetary policy, which is basically African hyper monetary inflation given the big bank blessing since it provides them with free money with which to fund their bond carry trade, and with which to power their derivative machinery that produces artificial demand for USTreasury Bonds (absent legitimate buyers)
  • Toxic USDollar which has no asset as basis foundation, which enjoys endless monetary growth without discipline, which endures enormous unspoken counterfeit by both Langley and enemy states, which undermines all national banking reserves
  • Debt saturation in the USGovt account (at $18.5 trillion) alongside $4.5 trillion in toxic bonds on the Federal Reserve balance sheet, over $3.0 trillion in toxic bonds at the Euro Central Bank, and massive corporate debt burden
  • Imbalance beyond reason for the USEconomy, which is permitted to pay for shipments of commodities and finished goods with fake money called USTreasury Bills, and to accumulate a $500 billion trade deficit, in an environment with grossly inadequate industry on US soil
  • Errant economic policy which puts almost no emphasis on capital formation, business creation, job hiring, but instead strives to put cash in consumer pockets who burn capital, in a grand demonstration of the ruinous emphasis for a consumer economy
  • Excessive war capital wasted, whereby the military industrial complex dominates among corporate enterprises, given favored status on USGovt budgets, even though laden with massive fraud, cost overruns, and ineffective weapons programs
  • Arab human dumping on the European continent, the United States front, and in Great Britain, without proper process followed concerning immigration, which has placed a wet blanket on many societies as a result of a sharp increase in violent crime. (Thanks to UPS, the Arab dumping takes place in the United States in overnight runs with hundreds every night, and at least two million in the US already).

GOLD STRUCTURAL GOLD REFORM OF SYSTEM

The solution that will effectively reform the entire financial and economic structures will be imposition and installation of the Gold Standard. The Eastern nations control more of the industrial capacity, and therefore will impose Gold Trade Notes for payment in trade shipments. They will refuse the USDollar in payments. The consequent effect will be for gold assets to build in the global banking system. The Gold Trade Notes will accumulate, and over time be converted to Gold bullion for their bank reserve usage. The last piece will be the emergence of gold backed currencies, which could arrive as an assortment on the gold table. The honest brokers and investors should hope for the International Monetary Fund not to lead the movement in a gold backed currency system, even if in the form of their Special Drawing Rights basket of currencies which recently admitted the Chinese RMB. The Basel Boys and IM plan would result in more continued gold fraud and intimidation.

Gold puts the Western Elite out of business. The Gold Standard in its steps toward installation will knock the Western banker elite flat on their privileged arses. The Gold Standard will eliminate the free pass for easy money, for zero percent loans to the elites, for big bank welfare, for covering federal deficits, or to enable debt patches. The Gold Standard will turn the current power structure upside down. The Gold Standard will permit a true solution, but not without an enormous and staggering disruption. The nations which sport a gigantic trade deficit will suffer shock waves as they will be forced to embark upon national initiatives to produce more in export, and thus to reduce their deficits. They will invite foreign capital investment and business formation. The effect of trade deficits will be the forfeiture of national assets on a grand scale, certain to force rapid change and adjustment.

The global economic system must be revamped, with a colossal amount of construction projects, investments in infra-structure and business, and repair of imbalances. Doing so will put people back to work, but more importantly, in a positive constructive manner with a positive trickle down. The global financial system must be recapitalized. The initiative will surely involve gold bullion as a primary reserve asset. The event will coincide with a massive rise in the Gold & Silver prices. The entire global system will come alive once Gold is installed, working, and ignited. Fake money will be displaced by Gold & Silver in vital roles.

SIX DEAD-MAN WALKING E.K.G. RATES

The USEconomy and the USDollar-based financial structure combine to make a dead man walking. Its EKG brain wave is a flatline. Its cardiac ECG wave is a flatline. The pulse is even at a flatline. All kinds of distorted messages have come from the mainstream press, which should be taken as liars. The following measurements display in convincing manner how the pulses are uniformly screaming out, pointing to a dead man in the Intensive Care Ward. The morgue is the next stop. They reveal the USEconomy as sclerotic, catatonic, and moribund.

  1. USTreasury 10-year Bond yield
  2. Crude oil price
  3. Baltic Dry Index
  4. Mortgage 30-year rate
  5. US Freight Index
  6. US Trade Gap

TREASURY 10-YEAR BOND YIELD

CRUDE OIL PRICE

BALTIC DRY INDEX

MORTGAGE 30-YEAR RATE

US FREIGHT INDEX

US TRADE GAP

BIG NEW DEVELOPMENT ON GLOBAL FRONT

THE CHINESE FINANCE OFFICIALS AND THE BASEL-BASED BANK FOR INTERNATIONAL SETTLEMENTS ARE NEGOTIATING A GLOBAL REFORM OF ALL BILATERAL CONTRACTS. THEY STRIVE TO ALTER USDOLLAR-BASED CONTRACTS, AND CHANGE THE CONTRACT TERMS TO GOLD SETTLEMENT. THEY ARE WORKING ON A GLOBAL CONTRACT AT THE $5000 GOLD PRICE IN CONTRACT CONVERSION. CHINA REPRESENTS EASTERN INTERESTS, WHILE BASEL REPRESENTS WESTERN INTERESTS. It is not yet clear what will happen to commodity price mechanisms.

If and when the global contract reform is completed, all bilateral contracts will be shifted into Gold settlement, no longer USD settlement. The result will be the USGovt is then made free to launch a domestic-only new USDollar, called disrespectfully the New Scheiss Dollar by the Jacksass for the last two years. It will resemble a Third World currency, and be subjected to a sequence of devaluations. A $500 billion trade deficit will require several years to overcome. If reduced by 50% in five or six years, it will be a miracle. The $1 trillion federal deficit has a different solution in mind. The USGovt plans to commandeer pension funds, forcing investment in the Special USTreasury Bond. It will not be a confiscation, but rather forced conversion with all the disadvantages of currency devaluation that come.

NEW SCHEISS DOLLAR & GOLD TRADE STANDARD

In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard. The violations are:

1) to import finished goods and crude commodities, paying with IOU coupons

2) to commit multi-$trillion bond fraud in its big banks, done without legal prosecution

3) to do QE bond purchases in applied hyper monetary inflation, monetizing debt

4) to rig all major financial markets in favor of the primal USDollar

5) to engage in numerous regional wars to support the USDollar.

The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports. The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Doing so would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States. The cost would be supply shortages to the USEconomy, a result of enormous export increases to China.

The colonization has already begun, with secret deals galore. It is very unclear what deals are being struck in order to arrange for the USGovt to have a proper gold reserve hoard, for backing a new legitimate USDollar. Meetings at very high level are in progress, with little if any popular representation, only elite members present. Failure to produce a legitimate bonafide gold-backed currency would mean the United States must proceed with the New Scheiss Dollar, an illegitimate fake phony farce of a currency. It would be subjected to a series of devaluations. The result would be heavy powerful painful price inflation from the import front. The effect would be to reverse a generation of exported inflation by the United States. The entire USEconomy would go into a downward spiral with higher prices, supply shortages, and social disorder. However, the rising prices would come from the currency crisis, and not so much from the hyper monetary inflation. That flood of $trillions has been effectively firewalled off.

As Ron Paul has stated, one cannot blame capitalism for the current failure, since we have had almost none! He can take credit for the independent audit conducted on the US Federal Reserve itself in 2009. From the audit, it was learned that $23 trillion in near zero cost loans were granted to the USFed owners, by the banker cabal to itself. The US population remains largely asleep and steeped in ignorance on the entire financial crime scenes. They must prepare with reduced paper wealth held as assets, and more Gold & Silver bars & coins held instead as assets. The reckoning has begun.

The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $300 per ounce. In reaching these levels, the ratio will return to the 30-1 range. Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals. The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power. The steps will each involve a quantum jump in the Gold & Silver prices. The process will take a few years, but might be breath-taking in speed once the process is begun. The steps involve:

  • the critical mass of rejected USTBills in trade settlement, citing its corrupt roots and illicit monetary policy as foundation
  • the return to the Gold Trade Standard and introduction of Gold Trade Notes as letters of credit, in replacement for a fair tangible payment system (no more IOU coupons)
  • the recapitalization of the global banking system with Gold as primary reserve asset, so as to relieve the grotesque stagnation, insolvency, and dysfunction
  • the seeking of equilibrium in Supply vs Demand in the new fair uninhibited market, with exclusive control removed from London and New York, and placed elsewhere like in Shanghai, Hong Kong, Dubai, and Singapore.
  • the seeding of BRICS gold & silver backed currencies from participating nations within the Alliance (likely several with slight variation in features)
  • the re-opening of the gold mine industry with some blue sky, and relief from the Evergreen element at Barrick
  • the remedy toward owners of over 40,000 tons of rehypothecated and stolen gold in bullion banks across the world (primarily in Switzerland.

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Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  [email protected]

Jim Willie

Jim Willie

Jim Willie CB, also known as the “Golden Jackass”, is an insightful and forward-thinking writer and analyst of today's events, the economy and markets. In 2004 he launched the popular website http://www.goldenjackass.com that offers his articles of original “out of the box” thinking as well as content from top analysts and authors. He also has a popular and affordable subscription-based newsletter service, The Hat Trick Letter, which you can learn more about here.  

Jim Willie Background

Jim Willie has experience in three fields of statistical practice during 23 industry years after earning a Statistics PhD at Carnegie Mellon University. The career began at Digital Equipment Corp in Metro Boston, where two positions involved quality control procedures used worldwide and marketing research for the computer industry. An engineering spec was authored, and my group worked through a transition with UNIX. The next post was at Staples HQ in Metro Boston, where work focused on forecasting and sales analysis for their retail business amidst tremendous growth.

Jim's career continues to make waves in the financial editorial world, free from the limitations of economic credentials.

Jim is gifted with an extremely oversized brain as is evidenced by his bio picture. The output of that brain can be found in his articles below, and on the Silver-Phoenix500 website, on his own website, and other well-known financial websites worldwide.

For personal questions about subscriptions, contact Jim Willie at [email protected]

 


The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins
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