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Jim Willie: Moving Towards Systemic Failure - 'Confidence in the System Will Vanish Quickly'

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By: Jim Willie CB, Ph.D. / GoldenJackass.com 

 

 

Systemic failure and its pathogenesis have been over 50 years in progress, with countless events. The origin is found with the cabal murder Kennedy, but the climax finale will be found with the Saudi Petro-Dollar rejection and the arrival of Eastern gold-backed currencies. The pathogenesis is fierce, vicious, multi-faceted, coordinated, enforced, unstoppable, destructive, vile, with many unfortunate aspects and facades. The extreme vulnerability of the financial crime syndicate can finally be seen, the symptoms obvious. If somebody had asked Greenspan in 1995 whether the day would ever come when the US Federal Reserve would install Zero Interest Policy and keep the 0% rate in place indefinitely, then install Quantitative Easing and keep the bond monetization in place permanently, approximately 0% of the experts would say the day would arrive. But here it is. In early 2009, the Jackass forecasted that the arrival of official rate cuts would result in ZIRP Forever. In mid-2011, the Jackass forecasted that the arrival of official unsterilized bond monetizations would result in QE programs in a long series. In 2013, the Jackass forecasted that QE would continue and Taper Talk would be abandoned, resulting in QE to Infinity. It is the New Normal, and Sir Alan Greenspan is aghast, unable to defend the current monetary policy.

 

PATHOGENESIS OF SYSTEMIC FAILURE

 

The pathogenesis continues unabated, and will reach its inexorable conclusion. When the systemic breakdown is too painful, when it causes too many systems to stop functioning, when it must be enforced by imposing sanctions on the majority of the world stage, when the toxicity of the USDollar and USTreasury Bond is intolerable, when the entire global system demands it, when the pain is too great, the Gold Trade Standard will return. The only player not to participate will be the Untied States. They might present a supposed gold-backed New Republic Dollar, aka Scheiss Dollar, but it will be supported by the familiar Deep Storage Gold. It is nothing but unmined ore bodies, some tied to the Barrick infamous Evergreen gold contracts. The new split Dollar will be revealed quickly as a sham. The Untied States is at greater risk of rapid decline and systemic breakdown than at any time since the republic was formed in 1776. The quintessential points in time to guarantee the national failure are the creation of the US Federal Reserve in 1913, the abrogation of the Bretton Woods Gold Standard in 1971, and the granting of Most Favored Nation status to China in 1999. These three events, all with fingerprints extended from banker cabal hands, have assured the destruction of the US nation.

 

The nation will be rebuilt, but by a different cast. It will enjoy a new industrial phase, but by different masters. It will benefit from new economic growth, but with lesser income and minimal benefits. It will see debt removed, but with tremendous loss of wealth. It will see movement toward fiscal balance, but with confiscation of pensions. The nation will see a new currency, but it will undergo heavy formal devaluation. It will rebound, but not thrive, under the cloud of fascism. The hope lies with Gold & Silver, which will be likely outlawed in the land. The People are in a position to object in defiance, and to save in the form of true money: precious metals. Poverty and debt slavery will rule. The People must put aside the propaganda on what constitutes money. The People must learn economics, finance, and especially capitalism again. The States must snatch back control from a crime syndicate lodged in the federal offices.

 

The USDollar pathogenesis and USEconomic collapse have included a truly nasty diabolic unfortunate unfolding of events and direction of developments. It has had a few pushes, and several still hidden elements. Nothing is exact, but the following sequence makes too much sense in hindsight. Consider the following key events in recent history:

1) Kill Kennedy, install Nixon, abrogate Gold Standard, put Kissinger in charge, build Petro-Dollar Standard with the Middle East core of producing nations.

2) Environmental movement combined with labor union power to discourage US corporations, who go offshore.

3) Exploitation of cheaper Asian labor, Mexican labor, Latin labor made cost sense, but depleted US of legitimate income.

4) Clean financial industry in US eventually led to extreme bond fraud, national savings diverted, bonds as chief export instead of tangible output.

5) Rubin & Clinton stole Fort Knox gold with aid of Papa Bush and Wall Street banks, the narco routes used in distribution.

6) Greenspan fed the beast, giving the US public and Wall Street banks what they wanted in cheap plentiful money.

7) Bank Derivatives become a key glue to the wrecked banking structures which went insolvent in the early 1990 decade.

8) Wall Street cut a deal with China to lease gold, give Most Favored Nation status, which paved the way for tremendous Foreign Direct Investment to China, but tragic loss of legitimate income and deep dependence for final time on the twin housing & mortgage bubbles.

9) USEconomy had dependence on asset bubbles explode with the tech telecom stock bust in 2000 followed by the subprime mortgage bust in 2007, the climax that marked systemic breakdown.

10) USGovt debt went out of control in volume at $1 trillion annually, with foreigners holding majority of debt.

11) CIA narcotics business created a Shadow Govt with a $800 billion hidden budget, underground cities, bio-weapon research, tactical HAARP usage, gold caches, and more.

12) US War Machine became an integral part of US foreign policy and USDollar defense.

13) USGovt Security Agencies took control after 911, came out in explicit overt fascist style after 40 years of hidden nazi leadership.

14) Weimar USFed monetary policy became fixed and permanent without potential alteration under the installed ZIRP Forever and QE to Infinity.

15) The entire system breaks, systemic failure, economic disintegration, profit margin vanishing act, debt default, derivative cracks, oppressive health insurance costs, all in progress.

16) Narcos on the verge of buying all major governments and police agencies in the world, to install global totalitarianism.

17) Gold markets corrupt the price despite almost totally absent inventory while global police corner the banker cabal rats.

18) War breaks out in as many spots as possible, this time led by the Langley black op corps without full support of the Pentagon.

19) Internal rivalries are exposed within the United States Govt while external factions are revealed for deep cracks during high level US betrayals.

20) Global Currency Reset has begun and the death of the Petro-Dollar is in progress, as the Eastern Hemisphere gathers critical mass in replacement of the USD-based trade payment system even as new gold-backed currencies are born to usher in the New Gold Trade Standard finally.

 

As footnote, apologies for forgetting, omitting, or being ignorant of another 80 devious diabolical deadly deeds where numerous operations were launched, many people perished, and scattered nations were ransacked in support of the unsound fiat currency regime supported by surreptitious violence and outright military force.

 

CHANGE AGENTS FOR CLIMAX

 

Change agents before end of year 2014 can be identified. Some significant events are extremely likely to occur soon, which will change the American and Western landscape permanently. The confidence in the system will vanish quickly. The gold investors will be given a bolstered hope and much encouragement. The changes will hit like a storm, slow at first, the process already having begun. The storm will accelerate, the time between highly disruptive events to quicken.

 

The USDollar has no value, since it has no asset backing. It is reinforced by faith (vanished) and military force (clear with Libya, Syria, Ukraine). Many gold & silver investors are disheartened by the low and still declining official COMEX price. The Jackass position is to ignore it, since corrupted. Besides, they have almost no precious metals in inventory. To pay attention to a vacated mart is lunatic and without logic. That an empty vault would dictate price is one of the biggest absurdities of our era, hardly ever debated in open forums. That bright alert aware folks would care about their declared enforced price, done from illegal mechanisms in a blatant way, is the basis of irrational action that has led to great frustration. However, reality has it that fine people wish to see progress on their redeemable wealth. They wonder when the day might come for cashing in. Others depend unfortunately on selling some small amounts of their gold and silver hoard (stash) in order to run their business, to continue their lifestyle, or to attend school. 

 

The following are some likely actual change agent factors, agents, and events, which could happen before year 2014 ends. The Jackass has stated that 2014 will not end as it began, as huge changes and disruptions come. Also, my perspective on the rapidly reducing time between events is very evident, indicating a Great Quickening much like an earthquake building from minor tremors. If a few of the following probable events occur, the entire financial system will be altered. Momentum will gather during the movement of time. The system is not static, but rather dynamic, and in fast decay. The internal rot is profound. The public will come to learn and be convinced the system is broken. The faith in money will quickly vanish. Consider the following potential change agents:

 

1) Russian primitive payment system arrives, with an asset backed Ruble currency

2) Saudis accept non-USD for oil payments, actually any major currency

3) Yuan full convertibility hits the scene, to occur in Shanghai Free Trade Zone

4) Indications of a new Dollar in the United States, with fraudulent backing

5) Significant shutdown of global mining industry, from lack of profitability

6) One major giant Western bank goes into failure, with three prime candidates

7) Major US retail (product, food) chains show empty shelves from interruptions

8) USFed revealed to huge QE volume through proxies, the hidden side revealed

9) COMEX & LBMA show no gold price, from lack of inventory

10) High ranking US or London banker is murdered, with no possible cover-up

 

The Voice added his own ominous High Risk factors for altering the public landscape, far beyond the financial system, but instead more completely like to social systems and political systems. He lists extreme geopolitical risk factors. In contrast, the Jackass change factors are likely to occur with 50-50 likelihood, meaning several could happen. The Voice list includes less likely events, but extreme events, deadly events. None should be dismissed, as pressures grow. EuroRaj added some perspective, more within the RESET context, for severe change agents. The London banker produced highly probable events, actual markers within the RESET context. It is a process rather than a single event at a point in time, a process that has begun. The conclusion of Paradigm Shift taking root is the message, as the RESET is basically the global adjustment away from the USDollar and US-centric financial, commercial, and leadership position. Their two addendum full lists are presented in the April Hat Trick Letter as formatted in the Gold & Currency Report to be posted this weekend.

 

GOLD STANDARD PROTECTION, SOLUTION, FUTURE

 

The protection is with Gold & Silver bars & coins. The solution is not to be found at the doorstep of central banks, since they are the perpetrators of the systemic ruin. They escape prosecution since they appoint the prosecutors. The solution is a return to the Gold Standard, the introduction of new gold-backed currencies, the installation of new banking systems instead of SWIFT, and the construction of free trade zones. They will all be put in place, led by the Eastern superpowers. They will arrive with a vast new structure of legitimacy. They will include barter systems and decentralized mechanisms. They will include new Letters of Credit based in Gold Trade Notes. But the East led by the BRICS nations and their armada of associate nations will be the promoters, installers, and participants of the new strong viable Gold Standard system that the Untied States dreads and fears. The West led by Wall Street and London will continue its rapacious confiscation of wealth and its vicious devotion to war until the platform they stand on collapses, built upon USD, USTBond, and SWIFT copyrights. The return of the Gold Standard is coming like a great storm. The West will claim its architects are terrorists, the advocates of sound money to be renegades. The West and its Fascist Business Model is reaching a climax phase of descent into a sinkhole. The damage will be extensive. The survivors will be owners of Gold & Silver. The rest will become debt slaves in a nasty fascist state.

 

THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

 

home:  Golden Jackass website              

subscribe:  Hat Trick Letter

Jim Willie CB, editor of the “HAT TRICK LETTER”

 

Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic advisors, whose interference has irreversibly altered and damaged the world financial system, urgently pushed after the removed anchor of money to gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy.

 

From subscribers and readers:

 

At least 30 recently on correct forecasts regarding the bailout parade, numerous nationalization deals such as for Fannie Mae and the grand Mortgage Rescue.

 

“Not only have I seen many of the things you talk about in the public arena come to pass, but I have seen many of the things you say repeated three months later by the other analysts. Congratulations!”

 

   (MannyM in England)

 

“Your Hat Trick Letters reports are like the food I like to eat, nutrient dense, high fibre, many rich single and combined flavours, unadulterated, very colourful, (especially your turn of phrase, unique), tidbits from all over the world. I always look forward to them too, a very satisfying feed/read, with original connections between ingredients and forward culinary thinking leading to new dishes from heretofore un-imagined recipes that are obvious from hindsight and take some time to chew and digest.”

 

   (Nick from Australia)

 

“Jim Willie is a gift to our age who is the only clear voice sounding the alarm of the extreme financial crisis facing the Western nations. He has unique skills of unbiased analysis with synthesis of information from his valuable sources. Since 2007, he has made over 17 correct forecast calls, each at least a year ahead of time. If you read his work or listen to his interviews, you will see what has been happening, know what to expect, and know what to do.”

 

   (Charles in New Mexico)

 

“A Paradigm change is occurring for sure. Your reports and analysis are historic documents, allowing future generations to have an accurate account of what and why things went wrong so badly. There is no other written account that strings things along on the timeline, as your writings do. I share them with a handful of incredibly influential people whose decisions are greatly impacted by having the information in the Jackass format. The system is coming apart on such a mega scale that it is difficult to wrap one’s head around where all this will end. But then, the universe strives for equilibrium and all will eventually balance out.”

 

   (The Voice, a European gold trader source)

 

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]

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