Game Over! Dollar Dead! Gold $7000

0
1148

game-over-222591

The Big US Banks have begun to announce capital controls. It started with JPMorguen on client accounts, limiting their withdrawals and limiting wire transfer activity. The practice has recently spread to other big banks, following in the JPM lead. Shadow banking has come to the fore to show its ugly head. Clearly, such a capital control policy would not be necessary if the big banks had sufficient capital and sufficient liquidity. They have neither.Jim Willie

____________

All the signals point to the same conclusion. The system is breaking down. The towers are falling. The paper mache structures have withered. The derivative machinery has been jammed. The confidence in the paper based system has vaporized. Nobody can foretell when the new system will arrive, but its description can be offered in rough terms.

 

… by  Snordster ,  from Jim Willie at Silverdoctors

 

[youtube onQIibjVf9U]

[youtube 1uZ9x14YJ_0]

[youtube vwYX7STWibQ]

ATTENTION READERS
Due to the nature of independent content, VT cannot guarantee content validity.
We ask you to Read Our Content Policy so a clear comprehension of VT's independent non-censored media is understood and given its proper place in the world of news, opinion and media.

All content is owned by author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners or technicians. Some content may be satirical in nature. All images within are full responsibility of author and NOT VT.

About VT - Read Full Policy Notice - Comment Policy