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RE: JPMorgan Private Bank released a statement to investors warning that not only could the dollar lose it’s world reserve currency status, but could also “lose its status as the world’s dominate currency.
https://www.infowars.com/jp-morgan-warns-dollar-could-lose-status-as-worlds-dominant-currency/
Tunnel Rabbit said:
For JPMorgan to make that admission, positions them just ahead of the fact, so they can say ‘ I told you so’, and maintain credibility. A consensus appears to be emerging, because they can no longer hide the truth that the Day the Dollar Died is closer at hand. As the ‘secret’ gets out, everyone will pile on to agree, or to proclaim the obvious assuring their projections are self fulfilling as ‘confidence’ in the dollar evaporates. Just as it in all markets, including the U.S stock market, if there is no metric, no mechanism of price discovery, so the only factor remain that can determines a price is confidence. It is a called a ‘ponzie scheme’, but it is essentially a con-game, a confidence game where greed fuels the higher and higher price that is justified only by” irrational exuberance” (A. Greenspan).
Another maverick, Rob Kirby is a self described financial forensics analyst with origins in the Bond market, and currently a broker in gold- by- the- ton business. His perspective is worth considering:
http://www.kirbyanalytics.com/
The 21 to now possibly 50 *trillion* dollars considered ‘missing’ out of the DOD and HUD accounts was discovered and documented by Dr. Skidmore and Katherine Austin Fits from government records on-line, yet now is ‘disappeared’, as it has been deemed a National Security issue. Kirby calls it,” Dark Money”, a hidden banking system or fund, with no books, no restrictions, that cannot be audited, and is run by ‘who knows’, and for what purpose other than to possibly to control markets and fund dark projects. As the world wakes up to this relatively new revelation, disgust and concern reaches higher levels, and broader audiences.
https://www.youtube.com/watch?v=pAP8wHFAII