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YouTube is owned by Google, and Google was created by the CIA.

Dorothy Toto is confused. In the Global Currency Reset we are not
talking about a gold standard. We are talking about putting gold in
an envelope equal to the value of the face amount on the bill. This
is called aurum.
http://www.peakprosperity.com/podcast/84359/new-way-hold-gold

Dorothy Toto • 9 hours ago

"We will answer their demand for a gold standard by saying to them: You shall not press down
upon the brow of this labor this crown of thorns You shall not crucify mankind upon a cross of
Gold." ~William Jennings Bryan~

tut8282 • 9 hours ago

Start your physical gold savings account today www.Kingtutsgold.com

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 https://khudes.s3.amazonaws.com/Twitter7.10.19.1.pdf
https://www.scribd.com/document/416530944/YouTube-Censored-Comments-Lowered-My-Volume-Covered-Up-that-the-
Bankers-are-Bankrupt

https://twitter.com/KarenHudes/status/1149273264092602374
https://twitter.com/KarenHudes/status/1149329763380731905

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https://khudes.s3.amazonaws.com/Twitter7.11.19.pdf
https://www.scribd.com/document/416550565/Battle-for-the-next-Global-Monetary-System

Dear People,

We are talking about gold in the "Battle for the Next Global Monetary
System." We have the gold. The Banking Cartel and the Black Nobility
at the center of the Banking Cartel do not.

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From: GoldSilver <news@goldsilver.com>
Sent: Wednesday, July 10, 2019 9:32 AM
To: karenhudes@hotmail.com
Subject: Inside The Battle For the Next Global Monetary System - Facebook Libra vs Central Banks

Mike Maloney is the last person to brief us about "The Battle for the Next
Global Monetary System", and GoldSilver.com is only trying to sell gold to
us. Alexander Trigaux. the editor of GoldSilver.com, has already
showed that Jerome Powell is trying to crash the US economy.

We have seen already that "The Battle for the next Global Monetary
System" is not going to be fought with these losers.
https://goldsilver.com/blog/trade-wars-the-truth-about-
tariffs/?utm_campaign=20190514_Trade_Wars_Mike_Video&utm_content=20190514_trade_wars_mik
e_video_news_mike_feat_top&utm_medium=email&utm_source=zaius

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 KarenHudes • a few seconds from now Hold on, this is waiting to be approved by GoldSilver.com.

Mike Maloney is full of baloney. Why? Because he has not put the real cards on the table.
What are the real cards? The fact that a banking cartel is printing paper currency that is not
a store of value and is not real money. We (the BRICS countries and the G77) agreed that
they will pay for trade with gold. The Federal Reserve Note is no longer the international
reserve currency of choice. The only thing that is holding the trading system together is the
world's monetary gold reserves (including the US' monetary gold reserves) on deposit in the
Global Debt Facility, that was deposited with the World Bank and IMF Board of Governors
at the end of WWII by Jose Rizal and Ferdinand Marcos.
https://s3.amazonaws.com/khudes/Twitter2.4.16.2.pdf.
https://s3.amazonaws.com/khudes/BILATERAL/pdf

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Yes, the Overseer Mandate Trustee has joined the discussion, but as I already told you, the
Global Debt Facility has already won "The Battle for the Next Global Monetary System."

https://khudes.s3.amazonaws.com/Twitter6.29.19.pdf
https://www.scribd.com/document/414959981/The-Banking-Cartel-has-lost-the-ability-to-block-reality-from-view

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4
 How the United States Is Being Held Hostage by
Its Own Worst Companies

By: Alexander Trigaux, Editor, GoldSilver.com

If you know where to look, the markets are telling you that they understand
we’re moving into a new phase of US-dollar decay.

With the most recent dovish statement by Jerome Powell, the wheels have
been set in motion for a fresh cycle of rate cuts. Going so far as to say he
would do what it takes to “sustain the expansion”, I believe the Fed chair is
preparing the market for a series of cuts that will send the Fed rate to 0%. This
is the best possible news for America’s worst companies.

Junk bonds, the riskiest of all corporate bonds, should offer a significant
percentage return to US Treasuries. As the chart below indicates, this is
especially so when a recession comes into play.

It makes all the sense in the world when you learn that for the last 32 years,
sub-investment-grade bonds, the junk rated CCC and lower, has defaulted at a
spectacular 26.85% rate.

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So we see that the spread between junk bonds and T-bills has soared during
times of market crisis, maxing out at around 37% during the Lehman Brothers
collapse.

So how is it that with 60% of National Association of Business Economics

economists predicting US recession by 2020, a result that would be ordinarily
be fatal to many if not most of the riskiest junk-bond-issuing companies, junk
bonds on the whole are returning a mere 8% percent premium above the
perceived global safe haven of US Treasuries?

Because while a free-market recession would indeed be fatal to heavily

indebted, money-losing companies, a free market is not what we have. Even
before he came out and told everyone it would happen, the bond market
predicted that Jerome Powell would meet the wet blanket of recession with a
roaring forest fire of zero-interest rates and more QE.

With its decision in December 2018 to stop raising rates and signal a softer
approach, the Fed basically said, “We know you’re a debt-ridden, operationally
hopeless, industry dinosaur of a company. But here’s an unlimited source of
almost-no-interest debt. We dare you to find a way to go out business.”

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 “We continue to operate in a challenging environment and see significant
and sustained near-term headwinds, but remain optimistic about the
future.”

(photo credit)

According to the Bank of International Settlements, fully 16% of American

companies can now be classified as such so-called “zombie companies.”
This is eight times higher than in the early 1990s and is a both a direct
consequence of ZIRP (zero-percent interest rate policy) and the primary
reason the Fed has no choice other than to return to ZIRP (and QE),
probably for good, until the dollar is finally printed into oblivion.

Among these companies? We’re talking about former vanguard of American

industry that globalization has rendered increasingly uncompetitive,
household names like General Electric and US Steel. It’s entirely unclear
how these companies turn things around in a world that leaves them further
behind by the day.

But at the other end of the spectrum, how long could consumer
darling Netflix survive if the cheap debt spigot were abruptly shut off?
Nobody doubts the ongoing demand for their service, but that demand has
been built on the back of $12B in primarily-content-acquisition-related debt.
It loses money hand over fist, burns cash at a staggering rate; since
2011, the company has lost $13B.

So here’s the part the Fed really can’t say: 16% of American companies
failing or faltering at the same time would be economically catastrophic.
Which is to saythe most indebted, most unprofitable American companies,
put together, may have become ‘too big to fail’.

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Which is why I believe interest rates are headed back to 0%.

Given that, what’s the real near-to-medium-term difference between the risk
of default by companies that will never again (or, in some cases, won’t ever)
be operationally self-sustaining (but who have already proven they can
survive as long as they have access to super-cheap debt) and US
Treasuries?

As the market is indicating, incredibly and realistically, not much.

https://twitter.com/KarenHudes,

https://www.facebook.com/karen.hudes.10/

On Tuesdays at 7:00 pm EST http://dctv.org/Live

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