Subj: Economy Will Implode-Jim Willie
Economy Will Implode-Jim Willie
8 April 2013 39 Comments
By Greg Hunter’s USAWatchdog.com
Dr.
Jim Willie of GoldenJackass.com says powerful forces around the globe are
working to do away with trading in U.S. dollars because of massive money
printing by the Fed. Dr. Willie says, “The world makes a reaction,
and what they have done is create, slowly but surely, a U.S. dollar alternative
for trade.” Dr. Willie’s sources say precious metals will be used to back a new currency and predicts, “The gold price will be $7,500 to $8,000, and silver will be between $150 and $250 per ounce.” This will be a disaster for U.S. Treasuries, and Jim Willie says, “All these Treasury Bonds will be sent back to the United States where they can choke U.S. bankers . . . they cannot refuse them.”
Dr. Willie predicts “the economy will implode,” and he says, “I don’t believe we’re going to see garden variety powerful inflation. I believe, instead, we’re going to get large widespread cut-off of supply chains” as foreigners simply stop accepting the dollar. As far as dollar assets inside the U.S., expect widespread confiscation.
Dr. Willie contends, “When the losses from the debt write-downs come, I see tremendous national wealth lost because private accounts are really just bank assets.” Join Greg Hunter as he goes One-on-One with Jim Willie, Editor of the Hat Trick Letter.
Large Widespread Cutoff
of Supply Chains Coming-Jim Willie
Published on Apr 7, 2013
http://usawatchdog.com/economy-will-i... Dr. Jim
Willie, Editor of the Hat Trick Letter, predicts "the economy will
implode," and he says, "I don't believe were going to see garden
variety powerful inflation. I believe, instead, we're going to get large
widespread cut-off of supply chains" as foreigners simply stop accepting
the dollar. As far as dollar assets inside the U.S., expect widespread
confiscation. Dr. Willie contends, "When the losses from the debt
write-downs come, I see tremendous national wealth lost because private
accounts are really just bank assets." Join Greg Hunter as he goes
One-on-One with Jim Willie of GoldenJackass.com.
No comments:
Post a Comment