Greg Hunter And Dr Ji̇m Wi̇lli̇e 2014, Death Of The Toxic Paper Dollar [Video]
(N.Morgan) In this installment of the Jim Willie Show, Jim is joined by Greg Hunter and they discuss the devaluation of the dollar and how the QE is creating a ripe scenario for the Dollars’ demise.
Dr. Willie says, “We’re going to end this year with no resemblance to the beginning.
We spent a lot of years trying to hold this thing together.
Now all the QE and bond purchases are causing some major problems, breaking major economic structures.
It’s all breaking, it’s all breaking and they are having a tremendous problem holding it together.
Now the whole Eastern World is rebelling against the dollar.”
Dr. Willie predicts gold and silver are about to move in a BIG WAY:
“They are going to move it to $5,000 to $7,000 an ounce, and silver $200 to $400 per ounce.
Because all the world’s central banks are going to need gold they are going to sell Treasury bonds to buy gold to make for a solution to their banking systems.
What’s the solution? It’s legitimate reserves, hard asset gold reserves.”
In closing Dr. Willie predicts, “I think you are going to see by the end of this year that the dollar is mortally wounded and Treasury bond regarded as toxic paper.”
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