It is said that a picture is worth more than 1,000 words, so two pictures must be worth more than 2,000 words. The entire financial system shatters and implodes; that’s not an exaggeration. The entire monetary system is actually undermined in true Weimar style. Such a situation almost never occurred without a world war. The Jackass thinks that the world financial war has been going on since 2001; with imposing anti-terrorist statutes and the pioneering event in 2008 for the bond explosion. With the introduction of quantitative easing in 2012 – or better described as hyperinflationary inflation of a non-sterilized type – a very specific warning signal flashed.
Repo markets exploded in 2019
When the repo markets exploded in September 2019, the death of the US dollar foundation was obvious to everyone. After the CARES Act stimulus packages were decided, endless QE forever was guaranteed. The time of the complete fall of the global reserve currency was near. The global financial restart is officially underway. A new era will soon begin. The role of the US dollar in the months ahead is uncertain, but is likely to be used for black market activity and possibly as a transition currency.
Gold at $ 2,500 an ounce
A historical transformation is taking place. The chart speaks volumes. The eight-year consolidation has ended. Incredible price suppression has taken place. The link between the Swiss franc and the euro in 2012 was just the beginning of the mighty power.