Special Thanks to for alerting me to this latest news! :*
TL;DW?
Fine then, here's the gist of it. The US Treasury Sec. Scumbag Steven Mnuchin has said he backs a Stable U$Dollar, which will be "stable" against the Chinese ¥uan as opposed to Stable and Strong against all World Currencies. CURRENCY WARS, it's a 'race to the bottom', China thinks they can win, TPTB think the U$D can 'win' and so does Mnuchin. I have read that he was on "the list" of candidates for the open jobs that Trump was presented by TPTB and Trump's strategy has been to go ahead and appoint from this 'list', give the Establishment person enough rope to hang themselves and then say...
YOU'RE FIRED!
In this case, it will accomplish 2 things: Devalue the U$D severely, and allow the prices of Precious Metals to climb to the levels they should currently be trading at, naturally. Mannarino said when this announcement hit, the markets reversed immediately. He is holding off, not buying anything at this time. I'm not a stock guy but I am glad I have already removed my captive 401A from this market. Bonds will take a serious hit as well, the T-bonds rate setting folks (again, it's in the video!) have held off on rate increases to try and avoid further "damage" than those statements have already created.
My opinions:
Some Believe that the "Good Guys" have a plan to hyperinflate the U$D and let it Crash and Burn, so as to remove it's debt structure from off our necks forever. I know that if we got off FIAT and back to Sound Money, I will make sure and never vote for DEBT Again! That is the instrument TPTB uses to enslave us, the debt our "leaders" get us into, makes us the servants of the lenders. Perhaps this wild ride will break their backs, I have said for years that the SHTF will MOST LIKELY BE FINANCIAL, and this could be the trigger event. Watch the markets the next few weeks, but it looks GOOD for Cryptos and PMs, and Precious Metals Backed PMs are the best of Both Worlds! Make sure these coins have a 100% Physical, REDEEMABLE in Physical Metal clause. If the Fed and the Treasury are serious about a "Weak Dollar" policy, then it is ON Like Donkey Kong! 95 of the top 100 Cryptos are UP and the other 5 are barely down, Gold is UP< Silver up 3% (PM info in the video) The DOW-JONES was running up 200 points and dropped at this announcement, net up 50 for the day, but the S&P and NASDAQ were both down. Buckle Up, and see where this goes.