Join us for over an hour in this first segment as Jim gives us a diligent analysis of current geopolitical events.
The Volkswagen story reveals forced USD Towline in Commercial Enslavement
The emissions violation is phony, since they comply fully on all EU standards. It is a complex case likely with platinum involved, and VW likely cashed in paper claims upsetting the paper COMEX market. Also notice the timing of the Glencore case and possible bankruptcy with liquidated claims. The comparison of this violation to that of GM ignition fires with 175 deaths and a fine of $900 Million.This is merely an attempt to lasso the German car industry into King Dollar court, thereby getting sales in USD, parts in USD, supply chain in USD and maybe even Russian & Chinese car sales in USD. Another timely precursor event was the September launch in Kaluga Russia for VW engine factory, including reduced output later. There were 3000 cars completely destroyed in the Tianjin blast, all VWs. By the time Germany awakens to being enslaved to King Dollar Court, it will be too late due to enormous damage done and extensive internal cables set as chains. Similar cases to enslave or corrupt are UBS & Credit Suisse, used to control and pilfer Arab gold. Another is BNP Paribas, used to halt BRICS conversion of USTBonds to Gold bullion. There is a new level of Fascist Business Model criminal activity.
New Iran oil supply guarantees low oil price & enormous broad damage to US
The new Iran Nuclear Deal means Iran can begin to export oil again with an immediate 500k barrels per day to hit the market, within three months a total of 1 million b/d. The hope for higher oil price will not happen, not with new Iran oil supply. The US energy sector will be destroyed, both tangible field companies and financier bankers. There are covenant violations galore, as bankers must foreclose, which wrecks the banks too. Iran used the time during sanctions to build an enormous super-tanker fleet, approx 20 extra large. Jim is not clear whether the Saudis sabotaged the oil market, or if was a result of the dismantled Petro$ machinery. The Saudis are to work with Russia, including agreed output and pricing. China will also be involved bringing buyers in RMB terms.
Emerging Market Debt is on verge of defaults
A rising USD means huge, $5 to $6 trillion in sovereign debt is defaulting as we speak. This event is the equivalent of the Asian Meltdown of 1997, multiplied by ten. The western bankers are on the hook for bad loans to Emerging Market nations and this could be the motive to abandon the USD on global scale and turn to RMB system with Chinese leadership.
Syrian refugee problem with US to blame – open door for ISIS guerrillas
The US has attempted Arab Spring in Syria without success. The hidden motive is to force Damascus to move their central bank gold, for Bush Family theft. The USMilitary is routinely using drones to hit civilian targets and marketplaces in turn destroying their infrastructure and ability to feed themselves. There are 100 thousand refugees, with more coming, mostly arriving in Europe. There are limited checks upon entry at customs, making easy infiltration. Austrian Intelligence concludes that US fronts are paying for refugee passage, namely Soros.
Global shortage of gold & silver
JPMorgan appears to be down to a few days inventory for delivery on gold contracts. JPM is also using accounting games to shift from Registered to Eligible gold. Enormous imports to India and China are being reported. Enormous delivery on gold contracts in Shanghai China are confirmed. Global premiums on coins are rising very fast, and recent mint coins are being treated like collector items.
One year delay in RESET again
The last one year delay was due to the US-sponsored coup in Kiev and Ukraine War. The US pleaded and was granted a one-year delay on the Global Currency Reset. The RESET appears to be a USDollar retirement as global reserve currency. It is also most certainly an elevation of Gold into banking system reserves and a re-price of Gold to double the current corrupt phony price. China is working vigorously on several hundred factory projects inside United States within a Free Trade Zone framework. The US will use the extra year time to capture more nations with USD lasso devious acts while stealing more gold under the Arab Spring cloud.
Beware of Yemen and internal Saudi problems
The Jackass has described the threat to the US anchor in Middle East for a year now. Currently Yemeni soldiers are at the Saudi border, one million strong. The ultimate challenges to the Saudi throne have surfaced:
a) Half brothers want the power seat
b) Natives want Islamic reforms for more freedom
c) Natives want more wealth distributed to people, not kept by Royals
d) Women want to end their slavery