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Jim Willie Breaks Down Brexit Impact on Gold Prices and Outlines the Death of the Dollar

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Jim Willie discusses how countries around the world are buying all metals to prepare for the coming collapse. Countries around the world are using dollars to stock pile metals at record quanities. 

While American’s are running around oblivious to what is going on around the world, other countries are bracing themselves for the demise of the U.S. Dollar. 

The Federal reserve has been printing dollars in record numbers and the world doesn’t want it any more. Just look at all the ships sitting in ports unwilling to unload their commodities for U.S. dollars. This has never happened before, but now it is accelerating. 

America could easily look like Venezuela in the coming months. 

Brace yourself for this insightful report by Jim Willie.

 



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    • my2pesos

      Stage-Craft
      .
      .
      The ever smooth and casual ‘Bob Pisani’ of ‘CNBC’ the other day says; let me take you over to the-board and show you a chart of the betting odds leading up to the BREXIT vote… He points out that the odds made a swing from near even odds, then a ramp up to a 95% chance for remain, and then the plunge!
      .
      .
      He concludes by declaring it the perfect “U” trade! – (Perfect for who I think to myself?)

      • my2pesos

        Swing ‘Trades’ The ~ Shrewdest Giant

    • Anonymous

      is $1900 gold supposed to be something special? Wasn’t it near that not that long ago?

      • EruditeOne

        Yes AU was around $1,899.99 per ounce a few years ago but since it reached $1,900.00 there has been bank/government manipulation and control of AU commodity prices. But since China and several other nations have been buying tons of AU the world’s markets and many nations around the world have debt crisis problems the wealth of the world has shifted away fro the US. I suspect that soon the trade price of silver, gold & platinum will be quoted in Chinese currency instead of US dollars. The Federal Reserve (private bank not Government agency) has bee printing trillions of dollars for years and depressed economic activity in the US will soon experience hyper-inflation. We may soon see AU rising above $2,000.00/ounce.

    • VirusGuard

      Question

      If gold goes up when markets crash then what does it do when its the other way around

      The only reason i ask is because the FTSE is up 2.98% and the GBP has bounced back up today.

      No such thing as a free meal and chasing prices upwards won’t get you one and i could say that the last time that gold was this high that silver was over $40oz (less than half that today) but before you rush out for a free meal then i am also saying wait for $12 silver and you might just get one.

      I might be wrong, the market as you keep reminding me is fixed but whilst buillion by post is spending millions on TV adverts trying to off-load it’s risk, well i’m not buying it.

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