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The gold market is rallying in the Yen terms, in the Euro terms, the RMB terms and in the Can Dollar terms.
The Swiss have ignited a global gold rally! They very likely covered a short gold position in a complex arbitrage trade. The gold price decline from the $1900/oz level began at about the same time the Swiss announced their Euro 120 peg in late 2011. The gold reversal begun exactly at the time of the Swiss de-peg decision.
It is easy to conclude that the Swiss National Bank financed their Euro peg by crushing the Gold market. In the three and a half years during their peg, the gold price lost one third of its value on the corrupt COMEX market.
With the Swiss lit fuse, there is no turning back!!! The reversals are significant now!
In Switzerland, the people were given a hefty gold price discount due to the rising SWFranc currency. In China, the Government has been publicly encouraging its people to buy gold.
The Gold price in USD terms will be the last event, the ultimate event in confirmation of death to the US-UK-Anglo Global Economic System!
People had better prepare themselves for some conclusion events, certain to occur with fireworks on a global scale.
The USDollar is soon to go away, put to rest, killed off. Its rise signals its demise. The hidden dismantle of the Petro-Dollar mechanism has been eerie, mysterious, and full of intrigue, to say the least!
The Gold Standard will return, but through the trade window. The solution to the untreated Global Financial Crisis is the gold route. The Eurasian Trade Zone will be built upon the ancient gold route, as we now see a revival of the Silk Road. It cannot be stopped, not even by war!
The safe haven is not the US Dollar or the Stock-Market, but rather Gold & Silver bars & coins, otherwise defined as real money!
The crisis is better described as the Global Monetary War! Any nation wishing to establish trade or a monetary system centered upon gold is branded a rogue nation, subject to extreme propaganda.
This is precisely why China and Russia are being vilified, since they want no more US Dollar in trade or banking, and lead a global movement to discard the USD as the global reserve currency.
The solution is with precious metals as the core to banking, trade, and currency, even wealth preservation. The new 2016 year will be exciting for some, but painfull for most!!!
The hidden agents of change are working at hyper-speed now!
The US Dollar is doomed, and its captains are running for their lives not knowing what to do!
They are not worth bargaining with in magnanimous cut deals. Better to treat them like many nations are now treating them, like fire ants and bothersome fleas and diseased rodents and rabid dogs…
The return of the Gold Backed Global Economic System to its primacy is long overdue!!!