The Phaserl




This weekend the mainstream media is reporting that ‘Germany’s Merkel cannot afford to bail out Deutsche Bank‘, to which we say, yeah no kidding. The $75 Trillion in derivatives on Deutsche bank’s books are sinking the bank like the Titanic, and the situation is terminal. Jim Sinclair and Bill […]

Willem Middelkoop: The SDR Has Arrived and Silver Should Expect to See Shortages in the Market

from The Daily Coin:

The Petro-SDR: World Money Rising

by Jim Rickards, DailyReckoning:

The response to U.S. efforts to cheapen the dollar in 2010 — 2011 was not long in coming. It came from four directions — IMF, Russia, China, and Saudi Arabia. Enter the new world money: Petro-SDR.

Less than a year after Obama’s declaration of a new currency war, the […]

Could the Chinese Yuan in the IMF SDR Spike Gold & Silver High this Fall? – David Morgan Interview

from CrushTheStreet:

World Money and Hyperinflation – Jim Rickards

by Jim Rickards, DailyReckoning:

This world money has existed for some time, but it’s about to become a lot more important.

In 1944, John Maynard Keynes proposed a form of world money, which he called the “bancor,” at the Bretton Woods international monetary conference.

In 1961, Nobel Prize winner Robert Mundell said, “the optimum […]

Turning to Tangibles Amidst MONETARY CHAOS


Max Porterfield, the CEO & President of Callinex Mines, Inc. is back to discuss the meteoric rise of zinc prices in 2016, the deteriorating global economic outlook and central banking lunacy and the reason to own tangibles like silver, gold and mining stocks amidst global monetary chaos. Thanks for joining […]

Brace For “VaR Shock” – How The Bank Of Japan May Be About To Unleash A Global Selloff

from Zero Hedge:

“The impact of the BOJ’s stimulus is that the bond markets worldwide are becoming one market. If there’s a reversal of policy, you can’t rule out that it would roil global debt” said SMBC Nikko Securities. “It would definitely see some pain” added Old Mutual Global.

As we pointed out recently, […]

New World Currency on Steroids

from Rogue Money:

Can the IMF now create a $100 Trillion credit facility and buy up all the garbage no-good debt from all the central banks around the world, roll it up, and price it all in these Special Drawing Rights? — Max Keiser

Yes, Virginia, apparently they can. And now perhaps we understand […]

How Special Drawing Rights Will Destroy Economic Sovereignty – The New World Currency

from World Alternative Media:

Josh Sigurdson talks with author and economic analyst John Sneisen about how Special Drawing Rights (SDRs) will destroy economic sovereignty throughout the world leading to one world currency. John breaks down IMF documentation on SDRs and how they plan to implement this globalist economic disaster.



by JC Collins, Philosophy of

The first issuance of SDR denominated bonds in the Chinese market is being implemented by the World Bank. Let that sink in for a moment. The World Bank, the great bastion of the western banking elite, will be providing SDR bonds specifically for the Chinese market. This is […]

SDR as New Global Currency? IMF’s ‘Substitution Fund’ as Kick-Start? – Willem Middelkoop

by Willem Middelkoop, The News Doctors:

After seven years of Chinese pressure, a plan allowing investors to exchange their U.S. Treasury holdings for SDRs through a ‘substitution fund’ is being discussed The Big Reset (2013) fully explains the need for a major reform of the world’s financial system. At that time of publication, most […]

World Bank Approves China to Issue SDR’s as the RMB Continues to Grow in Global Use

from Rogue Money:

A few weeks ago, the IMF entered into an agreement with China to allow the Asian power to begin financializing M SDR bonds once an audit was completed regarding their reserves and banking system. And on Aug. 12, the World Bank publicly gave their approval as well to China, which in […]

De-Dollarization is Now Assured – SDR Bonds Have Been Approved

by Dave Kranzler, Investment Research Dynamics:

At Rory’s prescient behest, we have been way out in front of the curve on the Silk Road and on the issue of China using the IMF to push aside the dollar as the reserve currency. Casey Research finally caught up with their own Silk Road piece – […]

SAIS and Your Inside Connection to the IMF

by Jim Rickards, DailyReckoning:

The International Monetary Fund (IMF) is one of the most powerful institutions in the world. It acts as the de facto central bank of the world. The IMF makes loans to countries in distress, raises funds from its member nations and issues its own world money called the special drawing […]

Larry White: First Step in Global De-Dollarization

from The Daily Coin:

The Special Drawing Rights (SDR) is probably one of the least sexy topics a person could discuss. While it is far from sexy, it may be the single most important topic over the coming year(s). With some of the changes that are currently being discussed we should all be doing […]

Are They Tired Enough?

by Bill Holter, JS Mineset:

We talked yesterday about the upcoming G-20 finance meeting, I said I believed it would not be “benign”. Many readers have questioned why and to paraphrase “rarely has the G-20 made important announcements or decisions, why would they do this now”? We’ll get to this shortly.

I believe the […]

Koos Jansen: China Understands the Bullion Game

“China is playing the gold game very carefully.”

from GoldSwitzerland:

On behalf of Matterhorn Asset Management, Lars Schall talked with a real expert when it comes to the gold policy of the People’s Republic of China, the Dutch analyst Koos Jansen. They discuss the many tricky details that have to be put into account […]