Kamis, 03 Desember 2020

The Currency Markets Are Signaling the Death Spiral of America

Money & Crisis

December 03, 2020

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The Currency Markets Are Signaling the Death Spiral of America

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Graham SummersDear Money & Crisis Reader,

The U.S. Dollar ($USD) continues to drop like a stone.

Earlier this week it plunged to new lows for the year. Peak to trough it has lost nearly 13%.

Chart: Dollar Drop

The important point here is NOT the level at which the dollar is trading. After all, it’s been at 91 on the $USD index plenty of times before.

In the currency markets, the SPEED at which a currency moves is just as important as the actual price at which a currency is trading. A currency can trade at practically any level without it being a cause for major concern, provided it gets there in an orderly fashion.

It’s when a currency starts moving RAPIDLY that things quickly become ugly. Which brings us to the REAL issue at stake…

What’s Driving This Drop in the $USD?

The collapse of confidence in the institutions and credibility of the U.S. as a nation.

It is now clear beyond any doubt that the 2020 U.S. presidential election was rife with fraud.

Now, fraud occurs in every election. Anyone who argues otherwise hasn’t studied history. When it comes to fraud in major elections in the U.S. it’s NOT a question of “if” but of “how much.”

In the case of the 2020 U.S. presidential election it is now clear that the degree of fraud was astonishing. I’m not going to delve into this topic at length here, but in the last few weeks we’ve seen:

  1. Whistleblowers state, during sworn testimony, that they witnessed:
    1. Trucks with hundreds of thousands of ballots being driven from one state to another to deliver those ballots in a different election.
    1. Tens if not hundreds of thousands of ballots being fed and refed into tabulating machines as many as 8 to 10 times (meaning the same ballot counts as 8 or even 10 votes).
    1. Vote counters being told to “backdate” ballots so that those ballots appeared to have arrived before the voting deadline.
  1. The voting machines and software used to tabulate the vote totals in at LEAST 24 states (along with the company that manufactured them) were:
    1. Connected to the internet, allowing for outside interference.
    1. Written in such a way that anyone can change a given ballot’s vote after it has been cast.
    1. Formally OWNED byat least one foreign government (China) (there is an SEC filing of the acquisition).
    1. Linked to other nations’ shady elections (including Cuba and Venezuela).

Regardless of your political views or your desired outcome of this election, the above items alone call into question the entire election’s legitimacy.

Think of it this way…

Have you heard George Gilder’s latest extraordinary prediction yet?

Money ballHe was dubbed the “Tech Prophet” by Forbes… once won the White House Award for Entrepreneurial Excellence… and his work is respected by tech insiders like Bill Gates and former Google CEO Eric Schmidt…

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Let’s say that during the 100 meter dash in the Olympics, the timer stopped working, the judges wore blindfolds and the camera feeds all shutdown mid-way through the race.

Would you trust or believe it if one of the runners claimed that he not only won the race despite trailing his opponent by two seconds… but that he also set a world record time? Would you even consider the race legitimate?

This is a Serious Development for U.S. Investors

I believe the current rapid collapse in the $USD is telling us the currency markets (the largest most liquid markets in the world, and most sensitive to systemic changes) believe the U.S. has lost credibility as a country on the global stage.

I do not write that last paragraph carelessly.

The U.S. maintains a long-held a prestige due to its adherence to the Rule of Law and the transparency and credibility of its institutions.

I want to be clear here: I’m not saying the U.S. is devoid of fraud or scams; I’m simply stating that the country’s legal system and institutions are set up with enough checks and balances that generally speaking systemic fraud is less likely.

This is one reason why the U.S. stock market typically attracts so much capital from global investors: The world knows the U.S. has credible accounting standards and creditworthiness.

A rigged U.S. presidential election involving such abject systemic fraud indicates that U.S. institutions are no longer credible. This would effectively suggest the U.S. becoming something of a dying empire or a banana republic.

And that is why the $USD is collapsing so rapidly.

To the bigger point, this $USD collapse is just one symptom of the systemic weakness that’s been building beneath the markets. This loss of confidence could spread like wildfire to other sectors and become the tipping point of a serious downward spiral in all the markets. I’ve written a report detailing what’s happening and how it may all play out. You can read all the details here.

Best Regards,

Graham Summers

Graham Summers
Editor, Money & Crisis

America’s FINAL Wealth Transfer

The rich will keep getting richer Thanks to a recent drastic decision made behind closed doors in this building on March 23rd, 2020 at 8 A.M…

…Millions of Americans will likely fall into poverty in the coming months…

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Three founders Publishing

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