Multiple black swans are converging this week, starting on Monday, April 18th, 2016.
1. Saudi Arabia will announce no deal from the DOHA meeting. This means there will be no oil production cuts and the price of oil will crash next week.
2. On Tuesday, April 19, 2016. China will stun the world with the announcement of a new gold backed Yuan currency. In addition, the Shanghai Gold Exchange opens which will only trade physical metals in Yuan.
3. China is merging its CIP, international payment system with the European based Swift Banking system for international settlements. This move will completely overshadow the US system for settling international trade in Yuan rather than US Dollars.
This is the endgame for the US Dollar as the world’s reserve currency. We are at zero hour.
The World’s Greatest Depression Starts Next Week
I’ve been telling you that this day would come and it’s finally arrived. I believe the markets begin their crash on Monday and build momentum from here.
The stock market should roll over on Monday and start to rapidly crash.
You need to hold insurance for the crash by owning gold and silver. Gold and Silver will skyrocket in the coming days and weeks. People invested in gold and silver will be the beneficiaries of the greatest transfer of wealth.
The bond market is going to crash, if you own bonds you could be wiped out.
If you own stocks, you should sell or you might be wiped out.
The real estate bubble is going to pop and market values will decline.
Money printing in the US will explode with new QE4 and we will see eventual hyperinflation.
Watch the markets carefully next week. I believe we are going to see history in the making.