The American Empire in a Changing World


Wednesday, October 17, 2012

Jim Willie: ''Extreme Symptoms & Hidden Menace As Gold Targets $1900''

the latest from Jim Willie................From SilverDoctors

''The global financial system is empty of ideas, has no solutions, and is rotting on the vine. The solution is a new trade payment system centered upon Gold, no longer on the toxic USDollar. The solution is a banking system that turns its back on USTreasury Bonds, the delinquent foreclosed step-child of the US Federal Reserve. The list of extreme symptoms and hidden menaces is as long as a roll of fiat toilet paper. It reads like a bad novel, like an endless nightmare, like an obituary. The distortions are far past extreme. The United States is locked in a trade war with China, the financial battles played out in the financial ministries and the press, the actual hot war played out in Southern Africa among smugglers. All Chinese investment within the United States has been secretly banned. So watch the Softbank bid to acquire a major stake in Sprint Nextel. The dependence upon Plunge Protection Team props and High Frequency Flash trading to keep stocks up is extreme. The phenomenon is reported regularly, but is no longer news since it is engrained as a constant feature''

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