The Phaserl


The “Competitive Manipulation” of Financial Markets, China Backlash in the Gold and Silver Markets

by Bill Holter, Global Research:

I wrote Monday ”how” and on Tuesday ”why” precious metals (and all markets for that matter) are manipulated, today I will tell you “what” will remedy and the results.

First, the manipulation in U.S. markets has become so blatant and so obvious that foreigners are taking note and altering their future plans. All you have to do is look around to see nation after nation, friend or foe, making plans to live and trade in a world without using dollars.

China is at the center of these plans but the list is very long of nations who plan to trade in their own (or Chinese) currency. Off the top of my head, we have seen announcements from Argentina, Brazil, India, South Africa, Britain, France, Germany, Venezuela, Australia and of course let’s not forget about Iran and Russia. This is not all inclusive but the point is …the thought process and preparation is far and wide.
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