America’s Trade Policy Will End Up Destroying The Dollar

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.

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China Pulling The Strings

By Bill Holter – Re-Blogged From http://www.Silver-Phoenix500.com

China announced swap agreements with Argentina over this past week-end, they also said their mutual trade would be settled in Renminbi/yuan.  If you recall, Argentina just recently defaulted on debt.   A New York judge then ruled against Argentina’s plan to hopefully restructure.  This looks to me like China has ruled against the New York judge!

China has also in recent months been globetrotting while putting in place “swaps” and lines of credit with many potential trading partners.  Unlike the U.S., they have not ignored African nations either.  They have also set up “yuan trading” hubs in some very “Western” nations including Britain, Germany and France.  Very methodically, China has put in place trade and finance systems which have no need for dollars and/or clearing functions performed by the U.S.

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Tactical Opportunity: Sell High, Buy Low

By Nick Barisheff – Re-Blogged From http://www.Gold-Eagle.com

As Presented to the Empire Club of Canada Annual Investment Outlook Luncheon: Making Money in 2016 from Domestic and International Financial Markets

The market outlook for 2016 presents significant challenges and opportunities that we have not seen for 40 years.

Since I began work on creating our first bullion fund in 1998, I have generally restricted my commentary to using precious metals for strategic portfolio allocation. Everyone agrees that investment portfolios should be diversified. Since gold is the most non-correlated asset class to traditional financial assets it provides important portfolio diversification. A strategic allocation of at least 10 percent reduces portfolio risk and improves returns over the long term.

This year I’d like to discuss a tactical opportunity, a market disparity that exists because of an artificial low in the gold price, and an unsustainable high in financial assets. Everybody understands buy low and sell high. The opportunity for 2016 is to sell high, buy low.

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Calling a Spade a Spade

By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com

Yesterday we looked at the situations in both Ukraine and Greece, and how they are both out of money which makes them potential “flash points” for reality to set in. What I’d like to talk about today are the various “slights of hand” and why a spade can never be called a spade.

Currently in the U.S., some (but certainly not all) of the recent economic numbers are showing an absolutely booming economy.  All you need to do is look at Friday’s unemployment numbers, they were clearly bogus.

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Grandmaster Putin’s Gold Trap: Russia Is Selling Oil And Gas In Exchange For Physical Gold

Re-Blogged From http://www.Gold-Eagle.com By Dmitry Kalinichenko

Accusations of the West towards Putin are traditionally based on the fact that he worked in the KGB and therefore he is a cruel and immoral person. Putin is blamed for everything. But nobody ever accused Putin of the lack of intelligence.

Any accusations against this man only emphasizes his ability for quick analytical thinking and making clear and balanced political and economic decisions.

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