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Mac Slavo
Activist Post
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 the backing… and it might not be a direct backing of the metal… but it’ll be some kind of blend of currency.. it could be through SDR’s… Special Drawing Rights… or some type of mechanism… I think that’s where we’re going.
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.
Because the price of gold has been suppressed to allow governments and central banks to accumulate it cheaply, Neumeyer sees opportunity in the mining industry and that’s why his latest mineral bank project is mimicking their actions and buying up physical mining assets around the world.
And though Western mainstream media pundits argue that the recent strength of the U.S. stock market and the U.S. dollar are proof positive that an economic recovery has taken hold, Neumeyer says exactly the opposite is happening.
The reason for the recent rise in the value of the world’s reserve currency, he suggests, is a result of the massive unwinding of U.S. debt as private investors and governments around the globe know a rush for the exits is coming soon:
The view on the strength of the dollar recently is the fact that it’s short-term. You’ve got so much U.S. debt out there and governments are now getting rid of their U.S. debt and converting all the debt to local debt… that’s causing a huge demand for dollars in order to make that conversion, so this whole dollar rally is basically a deleveraging against the U.S. dollar… you’re not seeing that story showing up anywhere in North America.
Once the world is deleveraged than the U.S. dollar… then basically the U.S. dollar will crash and that will be the beginning of this new reset.
Everything, of course, is very hush-hush but, as Neumeyer explains, most of the influential players involved know exactly what is going on and they are making their moves right now to ensure they survive the coming financial reset:
The gold accumulation that’s going on… this is gold that’s outside of the system… you don’t hear about it… these are big sovereign wealth funds, these are government funds, these are banks that are buying the physical metal… they are very intimately involved in the sector and they know what’s going on.
[…]
Definitely world governments and central banks around the world are unwinding their U.S. debt. They’re trying to bring their debt home and that’s causing the upside pressure on the dollar.
If Neumeyer is right, and all the signs suggest his assessment is fairly accurate, then the recent strength of the U.S. dollar will be short-lived. Once deleveraging by governments and central banks has been completed they will unleash an economic, financial and monetary storm that will change the very fabric of the global order.
The consequences are difficult to predict, but given that these entities have been buying up gold like their lives depended on it, the notion of an ounce of the precious metal being valued at $5,000 per ounce isn’t out of the question.
You can watch Keith Neumeyer’s full interview here. To learn more about the First Mining Finance Corp mineral bank project with billionaire contrarian investors Eric Sprott and Rick Rule, click here.
You can read more from Mac Slavo at his site SHTFplan.com, where this article first appeared.
‘A Deal Is Being Made Between All The Central Banks’ of the Rothschild clan.
Can someone please tell me, if the “dollar” will be worthless with the proposed reset, how can gold rise to $5000?
What would the “value” be based on, other than it’s “wieght/mass”?
YES!
This is always my question. The dollar get’s worthless, so it can’t buy any Gold at all.
But to answer your question. The gold price is allready quoted in Yuan/kg. Ounzes will be athing of the past also very soon.
I’m not a financial person but my take is this.
The london based banking cabal has a lot invested in the dollar being the world reserve currency and they need to get their return, (or as much as they can) so you will see a shift just as there was from the english pound to the dollar, now it will be away from the dollar to the next established currency so they can start the monetary rape all over again.
So you will see a devaluation to continue but for the bottom to drop out…I say no.
I could be wrong though. My access to the needed data is very limited.
I’m not in the club you see (Thank God)
Most of the gold has been offworlded. Sorry, Homo sapiens.
Which makes it more valuable! Imagine the looks of citizens on earth to find out only gold hoarders and jewelers have what little gold remains. So $5,000 a gram would be cheap!
I’ve heard that.
Some strange activity in the past few years involving gold.
Did you know there was a significant amount in the lower levels of the twin towers that came up missing during the 911 attacks.
The first thing that was done in the Ukraine following the takeover was a team of men loaded it up in the middle of the night and flew it out.
Rumor has it, it ended up in china.
I thought the plan was to use the SDR as the transitional vehicle for the global currency with the dollar heavily weighted. Informed estimates are the dollar will lose 40% of its value. TPTB can do their boiling frogs routine and start off with a 10% loss of value and continue forward. Doesn’t make sense the dollar would crash hard in the near future, the US military backs up the apex globalists’ fiat system – funding and cooperation from US citizens requires a minimal level of support. Strong indications for the next decade are more ‘slow burn’, creeping Agenda 21, increased psy op conditioning, surveillance, and the further marginalization of dissenters – while the semi-awake are kept running in circles.
listen you loons….gold is a relic from past times that was used as currency because it could be made small and was precious (would not tarnish, durable, malleable and so on). There is no need for it nowadays besides making you feel good because you have been assimilated that way.
Get a clue…please!
Take your own advise….get a clue….owning some gold is the answer, the dollar is dead.
My question is : How will radioactive gold become something of real physical value? In the aftermath of Fukushima everything is becoming destabilized, I can’t eat gold alone; to me being able to grow safe organic food will be worth more than gold, jewels or virtual currency. This is why seed banking and sharing is being outlawed. The shit has already hit the fan in the real world and this type of gold hedging is way behind the curve. Alternative cubicle journalism is leading to a Dead End where western capitalists and eastern communists are trying to sync up their radioactive economies. We are told that much of the stockpiles of gold are made up of fake bars, like a museum full of forged Rembrandts that the public pays good money to view the banks of the future will be housing useless currencies.
Why is the conclusion of all of these sensational articles that we should all buy more gold? They read like a gold infomercial…
This is from Money Week in the UK
Just remember the main players in finance are slick to say the least.
Thats’s why they own more than half the worlds wealth so beware.
Maybe china is at a point they can start calling some shots now, I don’t know .There could be some fighting
The following is a cut and paste from money week.
China isn’t waiting for SDRs to become the new dollar. Right now its
currency – the yuan, also known as the renminbi – is tightly controlled
and not freely tradeable in international markets. But China is starting
to use the yuan to settle trade accounts between some of its provinces
and neighbouring states, starting with Hong Kong. “In a series of baby
steps”, says the Los Angeles Times’s Don Lee, “Chinese officials
recently have moved to globalise the yuan and promote its influence
overseas, with Shanghai designated as command central”. Since last
December, China has signed deals with six countries, including South
Korea, Malaysia and Argentina, for currency swaps that would inject
Chinese money into foreign banking systems, and allow foreign firms to
pay for goods they import from China in yuan, so bypassing the buck.
I think Mac Slavo’s language in this article is intentionally misleading and feeds into the whole doom and gloom fear based outlook.
Just like CMRedwood says, ” a hard crash in the near future doesn’t make sense”
I become suspicious of the alternative media when they engage in this kind of reporting.
The Biblical warning is that the rich will go hungry as they will have their gold and silver and not be able to eat it.