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Jim Willie: Two 30% Devaluations of the Dollar Coming Soon

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In an interview with Jason Burack, Jim Willie says, ”The new The new ‘Scheiss’ dollar will probably follow the procedure of the launch of the Euro.

People were given 3 months notice to give their existing paper currency to the bank and exchange it.

I think the new dollar won’t be given that much time, as things are accelerating. 

When they are are bringing the old dollars to the bank to exchange for the new dollars,  I think that they are going to say “It’s going to be 1 for 1.

And as soon as the procedure is done, they are going to

devalue the Scheiss dollar.”

The Chinese are the biggest holders of Treasury bonds and a year ago, they demanded that the dollar no longer be used as the golobal reserve. It eventually has to be gold, because

You can’t replace one faulty paper system

with another faulty paper system.

It has to go to metal.

I think we are goint to see that 30% that China and the US agreed upon in a compromise. The Chinese said that they wanted the US to devalue the dollar by 50% and the Treasury officials said, “That’s too much!  So they decided on a compromise of 2 staggered  30% devalutions of the dollar.

So there you have it. Two 30% devalutaions, which I think the first one happens as soon as people bring in their dollars to exchange, and then they will devalue it in Stage One.

With  a 30% price devalution, you will see a

roughly 42% increase in the price  of all imported goods.

That is significant. I expect an interim period, and lies…and later, they will actually say the the new dollar has a new firm gold backing. And it will be a lie becaue they will have independent auditors that disprove it.

Then, gold will double and silver will triple.

They are going to reprice the currencies relative to gold.

The Euro is going to be cut in half, relative to gold. The dollar will be cut in half, versus gold.

Venezuala is your laboratory for observing what will happen to the US economy with regard to devaluations. Massive import inflation and shortages of supply and a lot of exodus of money by the rich and renouncing citizenship will occur. That ‘s what Jade Helm is all about, to prevent that!

The elite Americans will be gathering gold, while Americans will be discouraged from buying it.

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    Total 4 comments
    • Anonymous

      Story gives me the Willies! Hmm… Then again, isn’t this actually an improvement? Haven’t the past few hundred such failed predictions around here been for a crash and demise of the dollar, to buy gold, silver, guns, knives, nunchucks and lots of toilet paper, then dig a hole to hide from FEMA and Bigfoot in?

      By the way, if such a devaluation is breathing down our necks, why are you guys so eager to get people to go to your websites and buy gold, or some Ponzi thing? Why are all you precious metals doomsdayers slobbering over getting peoples’ devaluing money? I mean, if you were being honest, wouldn’t you guys want to hang on to your gold? Just sayin’…

    • Louis

      Eight months ago, my bank installed key-pads at each teller station. I asked the manager why, and she said “because pretty soon all banking will be digital.”

      There’s your answer. Big bankers want to create a digital monetary system using virtual money — exactly as the Book of APOCALYPSE has foretold.

      I’m not so sure Jim Willie’s prediction about a gold-backed NWO currency is accurate. However, under previous despotic regimes, precious metals have always wielded clout as an effective black-market commodity.

    • kletus_ledbetter

      Don’t know if Willie is right but you can bet your sweet bippy that something disastrous is in the works and will soon come about.

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