Jim Willie Interviews Mark O'Byrne of GoldCore about the coming Gold Standard in this the Asian Century (Part I)
- The 'Gold Standard' jigsaw: the global monetary pieces are falling into place as China quietly moves to re-establish some form of Gold Standard
- The legs of the Gold Standard stool are here - gold trade notes, gold panda bonds (Italy) and central banks are buying gold as Basle III makes gold a "risk free asset"
- Trump may have become compromised by the Neo-Conservatives and their crazy and expensive dreams of maintaining Empire and a 'New American Century'
- United States is bankrupt (with $22 trillion US debt and over $100 trillion of unfunded government liabilities) and "living on a maxed out credit card," therefore U.S. Treasuries are no longer a risk free asset
- The Global Monetary RESET will see the "Third World" dollar sharply devalued and paper wealth and assets including stocks and bonds lose significant value
- Global Financial Crisis II is "going to be much, much bigger" ... Prepare now
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.