Marc Slavo calls for Dollar Collapse and Global Financial Reset
Full article HERE
"There is an unprecedented reset coming to world financial markets and if you’ve been paying attention it’s impossible to ignore the signs. In fact mega-investment funds, governments and central banks have been secretly buying up and storing physical gold in anticipation of an event that will leave the U.S. dollar effectively worthless and governments around the world angling for a new global currency mechanism, according to mining executive Keith Neumeyer.
But before the reset can happen Neumeyer, who recently founded First Mining Finance and has partnered with billionaire alternative asset investors like Eric Sprott and Rick Rule, says that foreign creditors must first deleverage their U.S. dollar debt, a move that is happening right now and is evidenced by the recent strength of the U.S. dollar.
Once these U.S. debt holders unwind their positions, however, the dollar will be allowed to crash and we should prepare for a total financial, economic and monetary realignment."
"With the central banks now buying gold… which is quite unique… we haven’t seen that in our lifetimes… they’ve always been sellers of gold and now they’re buyers of gold… I think there will be a reset of the financial industry… I think China is being allowed to accumulate gold purposefully by the American government… I believe that the Chinese need to own at least the same amount as the U.S. owns before this reset occurs. I think that there’s some kind of deal that’s being made between all the central banks behind the scenes and that’s why you’re seeing governments accumulating the metal. I do believe there will be some kind of new currency created with [gold] backing… And when that reset occurs I think gold will be left to rise… and I wouldn’t be at all surprised to see three…four… five thousand dollar gold over the next five years."
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If this is correct and gold quadruples in price it basically means a 75% decrease in the purchasing power of the dollar - it means a much lower standard of living, with smaller houses, less toys and vacations, probably with $12/gallon gasoline and a $5 value menu at places like McDonald's...
I suspect this won't take 5 years, as I suspect we don't have 5 years left of the present system of things. Be prepared for this collapse by mid 2016. Bible prophecy warns us it will cost a days wages to feed one person a basic ration. Other clues point to financial collapse, chaos, martial law, dictatorship, and global war. What will you be prepared for?
Read - Antichrist 2016-2019: Mystery Babylon, Barack Obama & the Islamic Caliphate