Wednesday, July 6, 2016

As Western central banks mull over new QE programs within the status quo, Russia and China discuss a new monetary system

Over the weekend, well known author and economic analyst Willem Middelkoop sent out an email regarding some insider information he received about a meeting between Russian and Chinese leaders where they discussed ending dollar hegemony, and cultivating the establishment of a new financial order.  This meeting, and its main thesis, is occurring at the same time that Western financial institutions in both Italy and Germany teeter on collapse, and central banks in the U.S. and Europe mull over new Quantitative Easing (QE) programs to put a band-aid on a dying status quo system.


Brexit can be seen as part of a world wide revolt against the establishment, which gave us the British and American empire (together with a few dozen wars).
People are ‘Fed’ up with elites and their game plans (EU being one of them). Desintegration of EU has started now. Had to happen anyway. But I am afraid of the other unintented consequences.
Sure, insiders know this debt fueled growth model can’t go on forever. Stating this in the past was a step out of the official ‘party line’. But without anymore QE the whole system (house of cards) will simply start to collapse.
I will be waiting for insiders to start calling for Debt Restructurings and moves towards creating much more SDR-liquity to know real changes are being prepared.
Until that point more of the same is to expected. But more QE and ever lower rates will increase the flight to gold, which could lead to a paper-gold-default (and silver) on the COMEX (Chicago) and/or LBMA (London) exchanges/systems.
On a side note; Russia and Chinese leaders met twice during last week and called (again) for an end to the current (dollar) system.From my contacts with Chinese insiders I know they really understand our problems well and are clearly preparing for The Next Phase (a monetary and geopolitical reset) (note: bold emphasis is mine)
Time has come to become very defensive now. A new worldwide financial and political crisis could just have been started. When Trump will be elected it’s time for the real fire works. It will be the American equivalent of a Brexit. A huge shift from the political past.

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