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Russia & China Met Twice Last Week to Propose Monetary Reset – Willem Middelkoop

by The Doc, Silver Doctors:

First, here are the comments Willem Middelkoop gave me by email with permission to publish here:

Larry, Brexit can be seen as part of a world wide revolt against the establishment, which gave us the British and American empire (together with a few dozen wars).
People are ‘Fed’ up with elites and their game plans (EU being one of them). Desintegration of EU has started now. Had to happen anyway. But I am afraid of the other unintented consequences.

Sure, insiders know this debt fueled growth model can’t go on forever. Stating this in the past was a step out of the official ‘party line’. But without anymore QE the whole system (house of cards) will simply start to collapse.

I will be waiting for insiders to start calling for Debt Restructurings and moves towards creating much more SDR-liquity to know real changes are being prepared.
Until that point more of the same is to expected. But more QE and ever lower rates will increase the flight to gold, which could lead to a paper-gold-default (and silver) on the COMEX (Chicago) and/or LBMA (London) exchanges/systems.

On a side note; Russia and Chinese leaders met twice during last week and called (again) for an end to the current (dollar) system.From my contacts with Chinese insiders I know they really understand our problems well and are clearly preparing for The Next Phase (a monetary and geopolitical reset) (note: bold emphasis is mine)
Time has come to become very defensive now. A new worldwide financial and political crisis could just have been started. When Trump will be elected it’s time for the real fire works. It will be the American equivalent of a Brexit. A huge shift from the political past.

regards,
Willem

I think the best way I may be able to serve readers here in regards to this Brexit event is to simply list below links to articles from some of the various sources I cover on the monthly Crisis Watch update. This will give you a feel for how a variety of sources are reacting to the news and readers can form their own opinions from there.

The only comment I would have is that this event is a clear example of why it is critical to stay alert and informed. We live in a globally interconnected financial system. There are systemic risks present in it all the time as we have thoroughly documented here from high credibility sources. It’s not really fun to have to monitor this all the time, but we simply have no other choice given the world we live in today. Below are links to a variety of Brexit reactions I see out there.

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