Jim Willie: The Steps Towards $10,000 Gold and $400 Silver [transcript]

The key step upcoming is the Gulf Emirates soon to accept RMB (renminbi) for oil payment from all Eastern & Asian countries, the major flash point.

Such event will sound the global alarm.

Coupled with broadbased RMB (renminbi) trade settlement and more purchase of Chinese Govt debt securities, the movement will be on to finally initiate the grand dump of US Treasurys from Eastern banking systems. Then later the entire world (except for England and Canada and certain Western European coulee nations) will diversify out of USTBonds in their banking systems.

The result will be then a forced reaction by USFed and USDept Treasury to launch the New Scheiss Dollar, which will at the outset have a phony gold foundation. A formal international audit process will break down the fraudulent basis, and lead to a series of painful New Dollar devaluations. Then comes the import price inflation, the supply shortages, and the civil disorder.

The New Scheiss Dollar will have a 30% devaluation out of the gate, then many more devaluations of similar variety,”

states Dr. Jim Willie of the Hat Trick Newsletter in November.

The price of gold will find its true value and price over $10,000 per ounce.

The Price of Silver will find its true value and price over $400 per ounce.

 

In reaching these levels, the ratio will return to the 25-1 range. Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals.

The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power.

The steps will each involve a quantum jump in the Gold & Silver prices.

The process will take a few years, but might be breath-taking in speed once the process is begun. The steps involve:….read the rest of the story at GramsGold.com

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