After last weeks charts showing over all market weakness, here's the final nail in the coffin. On March 26, 2018, the Chinese will commence trading oil with their oil/gold/yuan futures contracts. These contracts completely circumvent the US dollar. Bottom line, the US petro-dollar is dead! This will start a massive naked shorting of the US dollar around the world. This will lead to a dollar collapse and its related markets. US bond markets and US Treasuries will get hammered, i.e. dumped. This March 26th event will bring the fiat system to its knees. And, this will cause the derivatives to implode, wiping out Deutsche Bank in the center of the storm, along with the banks linked to Deutsche Bank. As we have stated over and over, most analysts are missing the BIG point, we are seeing the systemic collapse of the fiat currency system. This "de-dollarization" will cause huge flows of money into anything NOT related to US dollars, most of those moves will be running into crypt...
Comments
Post a Comment