JIM WILLIE: This WILDCARD to Break Up EUROPEAN UNION! [transcript]
It was just this past week, it wasn’t just the Swiss National Bank with their de-pegging from the Euro, but it was announced that the Greeks are going to possibly leave the European Union (EU) and experience some kind of default.
We also heard that the Russians are going to formally exit all dollar-based oil trade, going off the petrodollar.”
When you see bank failures in Europe, you will see a stampede into gold.
This is really going to force fractures in the European Union (EU). Russia came back with their own ‘reverse sanctions.’ They are not going to buy any food and meats and farm products from Europe.
Apart from the fact that Russia lined up huge South American trade for food supply, what’s going to be the effect on southern European agri-businesses?
There is something like 13,000 Italian farms. Spain, France and maybe Portugal, to some extent, they’ve got big agri-businesses. These businesses are all going to be hurting. Several months ago their harvests were rotting and didn’t make it to market.
In the US we already have the hayfeed niche being bought up by the Chinese and 1/3 of the output is going to China to feed their livestock.
Here’s the wildcard coming in, which is my analysis and prediction:
When the EU dies, gold is going to zoom.
We may not need Shanghai to double the gold price.
There’s a strange wildcard regarding Europe,
that is really going to force fractures in the European Union (EU).
This is how the various countries are going to break up the European Union:
- If the Greek exit (Grexit) results in a bunch of bank failures, The Greek exit is going to blow up the European Union on the fiscal side .
- The Swiss National Bank is going to break up the European Union on the currency side.
- The US government sanctions against Russia cause ‘reverse sanctions’ from Russia onto Europe, which is going to break up the EU on the economy side.
- Germany is going to blow up the EU on the monetary side, as they don’t like the QE that draghi is doing.
- The Ukraine is going to break up the EU on the energy side with a threat to the pipeline and gas provision.
The Chinese are going to come in and buy up
European businesses in the farm industry.
When they do, they are going to …………..
There is MUCH, MUCH MORE to this story. Read the rest of the story at GramsGold.com
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Yes it will be good for trading with but without gold or silver then what would you trade it for once you have lots of food that will rot if not eaten.
Gold and silver have been around just as long as ganja and when SHTF bitcoins won’t be any good because the tin-ta-net would be down along with all them CCTVs we see all over the place.
Have one for me
Could be that leaders from Brussels are getting all the banker bribes to pass laws to stop member nations from trading with Russia and some member states are not happy about this and want the bribes themselves because its costing them money to import goods from else where.
One little nuke going off in Isreal won’t end our trouble in Europe due to the Samson Option but maybe ten would make it worth our while.
These bankers have become a cancer on the world and their money is not helping free trade these days but is used to create wars so they can reel even more wealth in when the top 1% already have most of the money.