Sean explains why the sky is falling.

No, it's not the FED raising interest rates. It's far worse.

Sean Broderick predicts that between the Saudis and the Chinese the world will repudiate the Petrodollars and switch to Petroyuans to do business. And that's why the economic sky will be falling.  What will happen?

There are over 6T Dollars deposited in various banks to pay for oil and other products. There are also 2.3T Dollars in currency in this country. When the world switches over to using Petroyuans, that load of 6T dollars will be thrown on the Market, along with the Treasury bills. Not at once, but we will see a sharp drop in the value of US Dollars and a rise of inflation. Bonds and Treasuries will lose most of their values and the US will not be able to pay its debts. Stocks will crater and precious metals will skyrocket.

Sean is not the only one who predicts doom: Casey Research is shouting "currency failure coming" from the rooftop. And Larry Edelson predicts that gold and oil will start rising in the new year.

Sean used to work at Weiss Research, but moved to Oxford Research Explorer. He championed gold and silver miners long after Larry gave up on them but he is in sink with Larry again.

Remember the Geezer;s dictum" Alles Geht Immer Schlechter. In English: everything always gets worse.

I expect that the Republican Establishment will screw things up again and elect Hillary. That will assure that the sky will be falling. Then in 2020 we will have a total repudiation of Leftist thinking and remove the Liberal Media, Academie, judiciary and politicians. Like in Venezuela. Then the Country will be reborn.

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