Jim Willie: Chinese Renminbi To Replace Dollar Reserve Status

IN THIS INTERVIEW:
– RNB to replace U.S. dollar as the World Reserve Currency? ►8:14
– Why are precious metals falling when there is so much physical demand? ►14:23
– Manipulation in the gold and silver paper market ►20:18
– The amount of gold in GLD gold vaults is declining, but the price of gold is falling as well. Lower price should mean lower demand and more supply. Some people are suspecting that the bullion banks are looting the GLD. ►21:45 (Article link: http://goo.gl/4A4sGE)
– Are the copper or oil prices indicating we are headed for economic collapse? ►32:52
– Is the stock market irrelevant? ►36:40
– The bond market is broken ►42:23
VIEWERS QUESTIONS:
– After the emergence of the “sheisse” Dollar, will the Federal reserve notes we have today be honored for a time or required to be turned in or devalued along with the new “sheisse” Dollar?►53:29
– When the U.S. dollar vanishes and is replaced, what will happen to the other currencies of the world? ►58:10
– As physical metal becomes more precious, and the US more desperate, will they flood the market with counterfeit coins? ►1:02:10

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DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of “Finance and Liberty” or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.