Jim Willie: Immutable Gold Laws
December 4, 2012 Leave a comment
Here is Jim’s website, “The Golden Jackass” Ed
What are Jim’s Immutable Gold Laws?
“Immutable Gold Laws” — to forewarn of many developments on course without reversal, as the Gold Standard will return since Gold will be the last asset standing to hold value in a solution… the ZIRP (0%) and QE (bond monetization) asssure a continuous unending Gold Bull Market with rising cost structure, which together assure a economic decline with capital destruction that leads to a USGovt debt default and systemic failure climax event… deep criminal activity fortifies the system, from bond fraud and market interventions, but the recent wave of demanded repatriation of official gold accounts will work toward the Allocated Gold Account scandal, the greatest of all banker scandals in modern history… with the enormous movement of gold from London to points East comes a corresponding shift in geopolitical power, a Paradigm Shift… the advent of the Gold Wars has arrived, which will take a difficult turn since the Saudi King Abdullah is clinically dead and succession will be potentially chaotic… the primary victim will be the defacto Petro-Dollar standard, thus delivering a crippling blow to the USDollar… the Gold price will soon break out in all major world currencies.