Posted at 6:25 PM (CST) by & filed under General Editorial.

If one offered investors a fat tail put option that never decays or expires, costs about -1% pa to carry, has no counter party risk & no chance of ever becoming worthless, there would be a line out the door. But when one explains that this option is physical gold… no interest.

          S. Mikhailovich

Posted at 8:22 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Is there any significance to this? I guess we will soon see!

Google Founders Larry Page And Sergey Brin Stepping Down As CEO And President
December 3, 2019

Google’s founders Larry Page and Sergey Brin — who built the tech giant 20 years ago with servers in a garage — announced on Tuesday that they are stepping down as CEO and president, respectively, from the company.

Sundar Pichai will be the new CEO of Google and its parent company, Alphabet Inc., effective immediately, according to a statement from the company.

Page and Brin co-founded the company in 1998 and led it to becoming the international tech industry leader it is today. The two will remain active at Alphabet Inc. as co-founders, shareholders and board members, the company said.


J. Johnson’s Latest – Me?? I’m Suggesting Physical Silver and Gold in Hand!
December 5, 2019

Great and Wonderful Thursday Morning Folks,  

     Gold is trading in the positive with the February contract at $1,481.80. up $1.60 and close to the high of $1,483.70 inside a tight $5.40 trading range with the low at $1,478.30. Silver is up 3.9 cents with the March contract at $16.955 and close to the high right at the $17 marker with the low at $16.870. The December US Dollar contract, which comes off the board on the 16th, to start the Triple Witch Week Roll Over, is now trading at 97.425, down 17.7 points, and a half a point off the low with the high still not that far away at 97.555. All of this of course, already happened before 5 am pst, the Comex open, and the London close.  

     Venezuela, a nation that has already crushed its currency in order to blow out all its manufacturing competition, now has Gold trading at 14,799.48, taking back 14.98 Bolivar from yesterday’s quote with Silver at 169.338 Bolivar, it too taking back 2.747 of value. In Argentina, another nation that has devalued its currency against our fiats value, now has Gold priced at 88,625.31 taking back 134.38 in A-Peso value with Silver now trading at 1,014.00 A-Pesos showing a loss of 17.03. The Lira, now has Gold valued at 8,533.65 proving a gain of 20.65 in the Turkish currency with Silver at 97.6429 T-Lira showing a loss of 1.244 in the overnight.    

     Red Silver’s Delivery Demands now stand at 1,002 fully paid for contracts proving a reduction of 245 as of this morning and with a trading range between $16.84 and $16.78 with a Volume of 42 already up on the board with the last trade at the low $16.780. Yesterday’s Volume exceeded the amount of Open Interest reduction in the deliveries, but I failed to acquire the final numbers before they were erased from my view. Silver would be naturally traveling higher in price if it wasn’t for these papered contracts created by the centrals in order to keep the price under control. This fact is evident with each passing day with todays Total Open Interest at 208,350 Overnighters, proving the point that 2,339 more pieces of paper had to be applied without the banks having the same restrictions on paper like the planet restricts the metal.    


Posted at 11:36 AM (CST) by & filed under

By Greg Hunter’s 

Journalist and book author Michael Snyder says corporate debt is at record highs standing at $10 trillion. Snyder points out debt is setting records in every aspect of the economy and contends, “If you include all other forms of corporate debt not listed on the stock exchanges, that brings the total to $15.5 trillion, which is equivalent to 74% of GDP. We’ve never seen anything like this before in all of U.S. history. That is just one form of debt and how our society has grown the debt. People need to realize the only reason why we have any prosperity in this country today is because it is fueled by debt. We have been building up this bubble, and it is the bubble to end all bubbles. Look at consumers. U.S. consumers are now $14 trillion in debt, which is an all-time record. State and local governments are at all-time debt record levels. The U.S. government . . . we just hit $23 trillion in debt, more than double since the last financial meltdown. . . . We are stealing from future generations more than $100 million every single hour of every single day. This is a crime beyond comprehension, and it’s been going on more than a decade. . . .All the debt has bought for us is more time to expand the bubble for relative stability. Meanwhile, we are literally committing national suicide and literally destroying the future of this country and the future of this republic. We are destroying everything the founders built by insatiable greed in this generation.”

Snyder says you don’t have to wait for the next recession because it’s already started. Snyder says, “Eventually, this whole thing is going to come crashing down. This thing is not sustainable. Here in the United States, we are already in a manufacturing recession. We are already in a transportation recession. We’re already in a corporate earnings recession. We are already in trouble that I document regularly on my website. We are already seeing dozens of data points that an economic slowdown is already happening. This is what we will notice first. We will go into a recession, and things are going to start getting bad, but beyond that . . . we are headed for the Greatest Depression. It’s the perfect storm. . . . We are talking about the breakdown of trade with China. . . . We have witnessed the complete and total breakdown of relations between the United States and China. . . . They (China) view us (America) as their primary global enemy. So, there is not going to be any kind of comprehensive trade agreement. You can forget that, and that has been one of the only things holding this stock market up.”


Posted at 11:31 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

…Snowflakes run amock!

‘Rudolph the Red-Nosed Reindeer’ Bullying Scenes Blasted by Viewers
December 2, 2019

It’s December which means all your favorite Christmas specials are set to be broadcast. On Monday, Rudolph the Red Nosed Reindeer will find itself in primetime. The 55-minute long special will air at 8 p.m. ET on CBS. As many know, the film spotlights Rudolph and his journey from an outsider to being the hero of Christmas and leading Santa’s sleigh. It’s what happens in between, though, that causes some viewers to feel uneasy.

As an adult, Rudolph is the saddest thing ever with the bullying and shaming and mean Santa. Probably not as bad as Nestor the Long Eared Christmas Donkey! Where his mom like, freezes to death or something? And these are children’s shows. No wonder we’re all messed up!

— Phyllis (@jerseydevil729) December 3, 2019

Early on in the episode, Rudolph finds himself needing to wear a fake black nose to hide his “different” red nose per his parent’s request. He does so to avoid embarrassment, and ultimately is the center of the joke when it feels off and the other reindeer, besides Clarice, make fun of him.


J. Johnson’s Oops Update

Oops! My Bad the Ed Buck Indictment is dated (Oct)…still pertinent but did not come out last night.

J. Johnson’s Latest – #All-Physical-Deliveries-Matters!
December 4, 2019

Great and Wonderful Wednesday Morning Folks,  

     February Gold is now trading at $1,483.30, down $1.10 after being dipped down to $1,478.20 with the high to beat at $1,489.90! Silver is barely down as well with the March contract at $17.23, down 1.8 cents and very close to the low at $17.185 with the high up at $17.415! Pretty big moves while we had our eyes closed eh? Yet when we look at the US Dollar, the trade is totally uneventful (for now) with the value stuck at 97.605, down 7.6 points and close to it’s low at 97.575 with the high at 97.74. All of this was done before 5am pst, the Comex open, and the London close.  

     Our emerging markets currency watch continues to lead by example with Gold valued under the Venezuelan Bolivar at 14,814.46 proving a gain of 64.92 in the overnight with Silver now priced at 172.085 showing a gain of 1.598 Bolivar. Argentina’s Peso now has Gold’s value at 88,759.69 giving those that hold a 391.18 A-Peso gain with Silver gaining 9.87 A-Pesos with the price now at 1,031.03. Turkey’s Lira now has Gold priced at 8,513.00, proving a gain of 43.99 with Silver now at 98.8869 proving a gain of 0.9822 in T-Lira value.    

     Red Silver’s Delivery count now stands at 1,247 fully paid for contracts waiting for paper receipts that can either be delivered here physically, stored in paper by a (possible) gang of criminal elements, or having those pieces of paper transferred over to the “City of No Trust” via these fully abused EFP’s. The full delivery count has proven a drop of 218 from yesterday’s demand requests and during the time when the trading Volume for the physical reached 381 by the end of trade yesterday. These numbers may prove that more buy orders came in and were filled, than that of the reduced count up on the board. So far this morning the trading Volume for the delivery contract is at 38 and with a trading range between $17.240 and $17.055 with the last trade at $17.13, up ½ a penny.  


Posted at 8:43 AM (CST) by & filed under Jim's Mailbox.


On Saturday, we talked about Hong Kong.


Measures Will Counter U.S. Interference
November 29, 2019

Washington to bear consequences of signing HK bill into law, vice-FM says

China said on Thursday that it will take powerful measures to counter U.S. actions that interfere in the country’s internal affairs and harm its interests after United States President Donald Trump signed the so-called Hong Kong Human Rights and Democracy Act of 2019 into law.

“We strongly urge the U.S. side not to implement the act to avoid affecting China-U.S. relations and bilateral cooperation in key areas,” Foreign Ministry spokesman Geng Shuang said at a regular news conference in Beijing.

When asked about details of the countermeasures, Geng said they will be made known to the public, but did not say when.

On the same day, Vice-Foreign Minister Le Yucheng summoned U.S. ambassador to China Terry Branstad. Le called the move stark bullying. The Chinese government and people express strong indignation and firm opposition to it, Le told Branstad, and the U.S. side must bear all the consequences resulting from China’s resolute countermeasures.

Geng said the intention of the U.S. is very vicious, bolstering violent criminals who smashed facilities, attacked innocent residents and trampled on the rule of law and social order.

Its fundamental purpose is to destroy Hong Kong’s prosperity and stability, undermine the great practice of “one country, two systems” and barricade the historical process of realizing the great rejuvenation of the Chinese nation, he said.

On Thursday, the government of the Hong Kong Special Administrative Region also expressed strong opposition to and extreme regret over Trump’s signing of the bill, saying the U.S. move has absolutely nothing to do with Hong Kong human rights and democracy.



I hope you had a Happy Thanksgiving! Well the Deep State is in hyperdrive to disillusion the public on the IG Report, Barr and Durham. I just released this 2 part video on the facts and the deep state’s evidence fabrication. You will never hear any of this in the bought off lame stream fake media.

Warm Regards,


Posted at 8:40 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

All “we” strive for is truth in our daily lives in a world where nearly everything is a lie.  Please read this masterpiece by Charles Hugh Smith, then print it and send to your friends and relatives to see what they think of it? Bravo sir!

Could America Survive a Truth Commission?
December 01, 2019

 A nation that’s no longer capable of naming names and reporting what actually happened richly deserves an economic and political collapse to match its moral collapse.

You’ve probably heard of the Truth Commissions held in disastrously corrupt and oppressive regimes after the sociopath/kleptocrat Oligarchs are deposed. The goal is not revenge, as well-deserved as that might be; the goal is national reconciliation via the only possible path to healing: name names and tell the plain, unadorned truth, stripped of self-serving artifice, spin, propaganda and PR.

Is such a stripped-of-spin truthful account of names and events even possible in the U.S.? Sadly, there is precious little evidence that a Truth Commission in the U.S. would be anything more than a travesty of a mockery of a sham, a parade of half-truths, misdirections, falsehoods and fabrications, all aimed at one goal: protecting the powerful from the consequences of their decisions and actions.

Sadly, we’ve lost the capacity to simply tell the truth: everything, and I mean everything, is crafted to protect the guilty, polish the putrid decay of legalized looting, defraud the unwary, ease the most venal, power-mad sociopaths into positions of unparalleled power, sell low-quality goods and services nobody needs or would even want if the marketing weren’t so Orwellian, persuade debt-serfs to borrow more and bamboozle voters into further enriching the few at the expense of the many.


J. Johnson’s Latest – My Hope is That This December is the Christmas To Remember for Silver and Gold!
December 3, 2019

 Great and Wonderful Tuesday Morning Folks,   

      Gold is trading higher this morning with February Gold now at $1,476.80, up $7.60 and close to the high of $1,477.10 with the low at $1,465.40. March Silver, the little puppy on a leash, is now trading at $17.07 up 10.4 cents with its high at $17.12 and the low at $17.945. Our US Dollar, the one that kinda lost some support after yesterday’s write-up, is now trading at 97.76, down 3.1 points inside a trading range between 97.88 and 97.685 after yesterday’s 41-point drop. All of this was done before 5 am pst, before the Comex Open, after Trump went to London, and before the London close.   

      We are seeing nothing but stellar gains under the “emerging markets” currency watch with Venezuela’s Bolivar now pricing Gold at 14,749.54 gaining 124.84 Bolivar overnight with Silver now at 170.487, showing us a “pure” 0.999 Bolivar gain. In Argentina, the Peso now has Gold gauged at 88,368.51, showing a gain of 680.67 A-Pesos with Silver gaining 5.33 Pesos with its price now at 1,021.16 A-Pesos. Over in the lands of Turkey, the Lira now has Gold’s value pegged at 8,469.01 proving a gain of 41.20 T-Lira with Silver now getting 97.9047 T-Lira per ounce providing those that hold a 0.2435 T-Lira gain.     

      Red Silver’s Delivery Count now stands at 1,465 fully paid for contracts waiting for receipts proving a drop of 959 contracts from yesterday’s count and with today’s price range between $16.985 and $16.81 with the last trade at $16.93. To add to this, we also have a Volume of 106 up on the board so far this morning as we wait to see if our Ag buyer needs more before the end of the year and before another round of China, China, China, hits the Import Tariffs Button again AND after Trump said this; We “Better To Wait (to adjust the tariffs) Until After The Election”. Going back to what the Silver count is saying, 4,795,000 Troy Ounces of Silver where settled out price-wise, as we wait to see how many of these will become EFP’s that will be transferred over to the “City of No Trust” explained by the Harvey Organ Nightly Update Express.    


Posted at 9:07 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

They’re calling it a gold rush, we call it a bank run…either way it is the same thing in the end!

Gold Is New Obsession for East Europe’s Nationalist Leaders
November 28, 2019

Gold is all that nationalist leaders in Europe’s east can talk about these days.

Just this week, Poland’s government touted its economic might after completing the repatriation of 100 tons of the metal. Over in Hungary, anti-immigrant Prime Minister Viktor Orban has been ramping up holdings of the safe-haven asset to boost the security of his reserves.

Hungary’s Prime Minister Victor Orban Attends The Opening Session Of Parliament

The gold rush mirrors steps by Russia and China to diversify reserves exceeding $3 trillion away from the dollar amid flaring geopolitical tensions with the U.S. Motivations in Europe’s ex-communist wing, however, can vary.

Take the latest example. Former Slovak Premier Robert Fico, who has a shot at returning to power, urges parliament to compel the central bank into bringing home gold stocks stored in the U.K.


J. Johnson’s Latest – The Biggest Delivery Month In Precious Metals Is Here!
December 2, 2019

Great and Wonderful Monday Morning Folks,   

      We are now in the biggest delivery month in Precious Metals. It used to mean something till all the Algos came in and controlled everything, with the governing bodies saying “thank you very much” for the churned fees they get off of every transaction made, with Gold now at $1,464.30, down $8.40 after being dipped to $1,459.80 with the high at $1,470.60. Silver is Silver, tagging along as if it wasn’t necessary, with its trade at $16.97, down 13.6 cents after it was dipped to $16.895 with the high up at $17.100. With trade wars everywhere, with various nations printing money in order to “stay” a nation everywhere, one would assume (incorrectly) that currencies would be collapsing in purchasing power, and they should be, yet here we are with the wildly printed US Dollar now at 98.24, up 3.8 points after being rallied to 98.32 with the low at 98.205. All of this happened already, before 5 am pst, the Comex open, and the end of London’s trade.    

      In Venezuela, their currency now has Gold gauged at 14,624.70 Bolivar, down only 4 from my last report with Silver at 169.488 down 0.30 Bolivar. In Argentina, where US tariffs are now being applied, Gold is now trading at 87,687.84 Pesos, proving a gain of 153.93 over this 5 day time period with Silver now gauged at 1,015.83 Pesos, showing us a 0.30 A-Peso loss in value. In Turkey, the Lira now has Gold valued at 8,427.81 proving a gain of 26.62 T-Liras with Silver now priced at 97.6612 showing the slightest gain of 0.0998 of a T-Lira. In short last week was all about the bird.    

      December Silver’s Physical demand count now stands at 2,424 fully paid for contracts waiting for receipts and with a Volume of 40 posted up on the board so far and with a trading range between $16.915 and $16.785 with the last price at $16.895. Last Tuesday’s Open Interest in the December Contract tallied 34,496. Wednesday’s numbers totaled 15,991, with Thursday’s (Yes, the US markets were closed, yet if you had a dedicated full-service broker, they could still place your trade in the ICE markets all day long), and Friday’s numbers being unchanged at 4,702. Last Friday was The First Notice Date for Silver bringing us into todays’ number showing a demand for physicals at 12,120,000 ounces standing for delivery. Nothing to worry about here, since the most trusted Criminal Element claims nothing is out of place with their unverifiable warehoused numbers, and up to 9 individuals being charged for manipulation at their Precious Metals trading desk we’ve written about, and still we wait for Blythe Masters and friends in management to be charged by the DOJ (maybe).     


Posted at 9:03 AM (CST) by & filed under Jim's Mailbox.


Apart form the global impact of reduced pork production as a result, this is a very real threat to China’s hegemony globally.

While China can use so called loans to extend its’ reach or even cause Russian contractors to act as a distraction or hidden extension of hegemony; it cannot escape the reality of the impact on feeding its’ people nor the contracting economies that are lowering the ability of all manner of organizations in China to service debt. Nor will bailouts of such government organizations by government banking entities which in of themselves are in distress add liquidity.

Add to this the attack of the ARMY WORM which has run its’ course throughout Asia will come home to roost shortly.

The question the world needs to ask is how will it fare in a world of declining meat protein (pork) next year when hunger becomes a reality in China. Places like North Korea will face starvation on a mass scale.

The next several years will be tough globally as nations like China are forced to face food and financial realities with secondary impact on those nations relying on their favor. This is also true in the west where a scarcity of liquidity exists amongst a deteriorating profit amongst many companies coping with declining sales volumes as consumers are forced to curtail spending.

With China in financial and food distress the march of recent hegemony expansion will all be changing with very real fallout for many parties.



China’s African Swine Fever Now Global Threat
November 30, 2019

The worst outbreak of fatal African Swine Fever disease ever has devastated the world’s largest pig population, that of China, over the past months. Now it is spreading to neighboring states and even threatens the United States pig herds. The political and human impact could be far worse than imagined as a de facto pandemic disease situation spreads. Globalization of agribusiness is not helping matters.

On August 3, 2018 a case of African Swine Fever (ASF) was confirmed in China’s Liaoning Province. Since then despite various measures to contain the deadly disease it has spread across China where as of November, 2019 in little more than a year, nearly half of China’s huge pig population has either died or been eliminated in a desperate effort to contain the disease. ASF is not deadly to humans but is 100% fatal to any pig that is infected. There is no known treatment to cure it. It can be spread by direct contact with an infected pig, body fluids, contact with equipment or clothing and via certain tick species.

The China Agriculture Ministry issued a report in August that the size of China’s live pig herd had declined by a very precise 38.7% from August 2018. Industry sources suspect underreporting and put the actual number at more like 50%. In any event it is huge, and has impacted the politically sensitive measure of China food price inflation over the past year. Pork is a mainstay of the Chinese diet for meat protein and considered a national security issue. Most pigs in China are raised by small-scale farmers who face ruin now. According to reports inside China this has led many desperate small farmers to try to hide the presence of ASF in their herds, to slaughter and sell, to avoid financial ruin.




Every Saturday, I try to drive this point home; the whole system is rigged…everything is rigged!


Hitchens: “If Bodies Like OPCW Cannot Be Trusted…World War 3 Could Be Started By A Falsehood”
December 1, 2019

. . .

But I’ve never seen one like this. It scared me. If it was true, then something hugely dishonest and dangerous was going on, in a place where absolute integrity was vital.

If bodies such as the OPCW cannot be trusted, then World War Three could one day be started by a falsehood.

Last week I reported on the first episode in this story. Within days the OPCW had confirmed that the email I leaked was authentic.

Nobody followed me home or threatened me. A few silly people on social media told blatant lies about me, insinuating that I was somehow a Russian patsy or a defender of the disgusting Syrian regime that I have been attacking in print for nearly 20 years. That was what I had expected.

But there is much more to come. And, as it grows harder for everyone to ignore this enormous, dangerous story, I suspect I shall be looking over my shoulder rather more than usual.


Posted at 12:00 PM (CST) by & filed under Jim's Mailbox.


I have brought up Fethullah Gulen many times during our Saturday talks. Here is a very good list of sources regarding him.


Gulen-FETO Network Exposed: The Only Independent Source On All Things Gulen In One Place
August 23, 2019

In the past few weeks I’ve been receiving hundreds, if not thousands, of inquiries from all over the world asking me why I am not a participant in the recent State-Commissioned documentary on Fethullah Gulen and his network by TRT-World. It is understandable. After all, I was the first (and only) person to expose Gulen and his CIA network to the world nearly two decades ago- despite the repeated invocation of the State Secrets Privilege Act and various gag orders.

Producing documentaries is one of the most powerful means of delivering information, exposing truths, and raising awareness of issues. It is an art. But this same powerful tool can also be used as means to deliver misinformation, distort realities and facts, and further agendas not in-line with those of the general public.

Let me give you an example. I have been promoting and supporting Director Mark Hall’s amazing exposé on Gulen’s Charter Schools and networks in the United States in the form of a solid independent documentary- Killing Ed. But before I began to do this, I did my homework: I extensively researched him, his sources and his funding. I spoke with him on the phone- many times. I met with him- in person. I admire him and his work tremendously.




This Henry should not be taken lightly.


Henry Kissinger Gets It… US ‘Exceptionalism’ Is Over
November 29, 2019

Former US Secretary of State Henry Kissinger made prudent remarks recently when he said the United States is no longer a uni-power and that it must recognize the reality of China as an equal rival.

The furor over a new law passed by the US this week regarding Hong Kong and undermining Beijing’s authority underlines Kissinger’s warning.

If the US cannot find some modus vivendi with China, then the outcome could be a catastrophic conflict worst than any previous world war, he admonished.

Speaking publicly in New York on November 14, the veteran diplomat urged the US and China to resolve their ongoing economic tensions cooperatively and mutually, adding: “It is no longer possible to think that one side can dominate the other.”




You both have said, Gold is the only real money.


German Central Bank: Gold Is The Bedrock Of Stability For The International Monetary System
November 25, 2019

It was long believed in the gold space that Western central banks are against gold, but things have changed, for quite some years now. Instead of discouraging people from buying gold, or convincing them that gold is an irrelevant asset, many of these central banks are increasingly honest about the true properties of this monetary metal. Stating that gold is the ultimate store of value, that it preserves its purchasing power through time and is a global means of payment. Such statements, combined with actions that will be discussed below, reveal that more and more central banks are preparing for plan B.

The Bundesbank (the German central bank) published a book last year named Germany’s Gold. In the introduction, written by the President of the Bundesbank Jens Weidmann, the view of this bank leaves no room for interpretation. Weidmann writes (emphasis mine):

    Ask anyone in Germany what they associate with gold and, more often than not, they will say that it is synonymous with enduring value and economic prosperity.




I brought this up on Saturday for listeners.


Full-Spectrum Dominance

Full-spectrum dominance also known as full-spectrum superiority, is a military entity’s achievement of control over all dimensions of the battlespace, effectively possessing an overwhelming diversity of resources in such areas as terrestrial, aerial, maritime, subterranean, extraterrestrial, psychological, and bio- or cyber-technological warfare.




A point I made on Saturday…


Hong Kong Is In An Unwinnable Position
November 27, 2019

It is difficult to be optimistic about Hong Kong over the long-term. If you want to call a spade a spade you might even go as far as to say, Hong Kong is doomed. For months hundreds of thousands and at times over a million Hong Kong citizens have taken to the streets to protest several proposed amendments concerning how they are governed. The protesters, predominantly young people, some dressed in black and wearing face masks are often seen dragging metal barriers, linking arms, closing off roads, and surrounding government buildings.

Still, it is bigger than this, civic groups and small businesses have joined in at times with general strikes and school boycotts to “defend Hong Kong.” This started over an amendment that included a mechanism for extraditions to mainland China that triggered fears that Beijing could detain people in Hong Kong and try them on the mainland under China’s more opaque legal system. Mounting opposition has stirred from all corners of society, including business-people, lawyers and activists, who say the bill would undermine Hong Kong’s relative autonomy and independent judicial system.

While you might want to consider the idea Hong Kong has no future as simple doom porn certain social and economic factors are coming together that paint a picture devoid of hope. For the protesters, this has become a damned if you do damned if you don’t situation. While Hong Kong is considered a city by most people, it is officially the Hong Kong Special Administrative Region of the People’s Republic of China. With over 7.4 million people of various nationalities in a 1,104-square-kilometre territory. it is one of the most densely populated places in the world. For many years the area flourished as a tax haven for the British and European elite. The continued viability of Hong Kong was questionable even before the Brits turned it over to China.




On Saturday, we talked about the dollar dying soon…


Will America’s Trade Policy End Up Destroying The Dollar?
November 30, 2019

Authored by Alasdair Macleod via,

America’s tariffs against China are already showing signs of undermining the global economy and will create a funding crisis for the Federal Government when it leads to foreigners no longer buying US Treasury debt and selling down their existing dollar holdings. A subversive attempt by America to divert global portfolio investment from China by destabilising Hong Kong will force China into a Plan B to fund its infrastructure plans, which could involve actively selling down her dollar reserves and hastening the introduction of a new crypto-based trade settlement currency.

The US budget deficit will then be financed entirely by monetary inflation. Furthermore, the turn of the credit cycle, made more destructive by trade tariffs, is driving the global and US economy into a slump, further accelerating all indebted governments’ dependency on inflationary financing. The end result is America’s trade policies have been instrumental in hastening the end of the dollar as the world’s reserve currency, ultimately leading to its destruction.



A world wide run on gold is on…now…”soon has arrived”.