In The News Today

Posted at 1:07 PM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

The latest from John Williams’ www.shadowstats.com

– Stresses Mount on Consumer Income, Credit and Wealth
– Cascading Consumer Liquidity Issues, Aggravated by Federal Reserve Tightenings, Wallop Headline Activity in Home Sales, Construction, Retail Sales and Manufacturing
– Can the GDP Be Far Behind?

“Consumer Liquidity Watch No. 5”

www.shadowstats.com

Jim Sinclair’s Commentary

The IMF Lagarde article is the basis of my long held and often discussed theory that there will be two resets.

The first is more of a con than a currency as the fabric of the FAKE numbers of the so-called market are revealed by the flash crash to sanity. Any fix will be accepted for a short period of time; however, it is the basic foundation of the thesis of “Free Gold” that will create the last man standing. The period of disruption is from June of 2019 going through into 2025.

I will soon take the vow of Muni which is the Indian version of silence because I have given you all the guidance you need. Now all you need is courage as the patience of job era is coming to an end.

I have clearly described to you what the first reset will look like and why it will not last.

IMF Reveals That Cryptocurrency Is The New World Order End Game
Wednesday, 21 November 2018 13:19

In a paper published last week by IMF head Christine Lagarde titled “Winds Of Change: The Case For New Digital Currency”, the IMF builds its argument for why central banks including the IMF should embrace crypto as the future of monetary policy.

As I warned last year, the shift into crypto was not at all a “revolution” against the globalists, but a con designed by the globalists in part to get liberty proponents to become unwitting salesmen for the next phase of the economic control grid. But how do they intend this end game to play out?

In 1988, The Economist, a globalist publication, “predicted” (or rather, announced) that a global currency system would be launched in the year 2018.  It is now clear that crypto and the blockchain are that system.  This system would eventually use the IMF’s Special Drawing Rights basket as a kind of bridge to a one world currency, which they referred to as the “Phoenix”. Though some people claim that the SDR itself is not a currency, globalists apparently disagree.

More…