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Bill Holter believes a tactical nuke was set off at the Tianjin port yesterday and the Chinese will provide proof and retaliate
Making sense of the near-simultaneous timing of the multiple yuan devaluations, Tianjin port explosion, and the IMF's rejection of China into the SDR
Did The FINAL WAR Just Start? Bill Holter
Jim Sinclair's MineSet
Aug 13, 2015
http://bit.ly/1L9HAqg
[snip]
Last week I wrote “The Rumblings of War” regarding the IMF rebuffing China’s entry into the SDR [Special Drawing Rights, or SDRs, are international reserve assets created by the IMF in 1969]. This was followed up by “The shot heard ’round the world” on Tuesday commenting on China’s surprise devaluation. The purpose of this writing is to show you YES, we are in fact at war! Rather than “tell” you we are at war, I feel it is better to point out a few dots, connect some of them and then ask a few questions which might help you understand the war that is in fact being waged.
...Did anyone really wonder “why” or what (or better yet, WHO) was behind China being put off for acceptance as a component of the SDR? Then just two trading days later, China devalued their currency in a surprise move…followed by two more devaluations! Remember, the U.S. has been prodding China to strengthen their currency and has gone so far as to call them a “currency manipulator”! Now we see China doing the exact opposite of U.S. requests (demands?). World markets have been shaken, and at a time when liquidity is quite tight...
A stronger dollar since last fall has acted as a constant and nagging “margin call” to the world which has contributed to the lack of liquidity. Have the Chinese finally said “fine, you want to issue a margin call to the world, we will help you issue it. Let’s see what happens to your financial system when the margin call fails to be met?”. Do you see what I am getting at here? The Chinese are now forcing the dollar higher by devaluing their own currency. They understand the dollar is nothing more than a debt instrument, are they attacking and intending to destroy the dollar with its own strength?
Follow this through, a stronger dollar will decrease our exports and slow our already slow or negative economy. A too strong dollar can actually undermine itself and even kick off a derivatives chain explosion. Our banks and brokers are very thinly capitalized, can they withstand losses in derivatives caused by a currency crisis? Can they withstand the losses from failed counterparties unable to pay? Do you see? A currency crisis “caused” by China could be a calamity. China has already accused Citadel (Ben Bernanke’s new employer) of creating the crash in their equity markets, is a currency crisis retaliation for their equity crash and public shaming by the IMF? If you understand how the Chinese think and also understand the works of Sun Tzu, Jim and I ask if China’s strategy is … “In order to destroy the dollar permanently make it stronger temporarily”?
...This is where it gets weird or some might say “coincidental”. Did anyone see the explosion at the Chinese port city of Tianjin yesterday?
“Yesterday” being one day after China devalued their currency? I am no rocket scientist and cannot say for sure, but does this not look like a nuclear explosion? Can someone out there explain to me in simple terms how a chemical explosion could look like this? As for the word “coincidence”, the CIA says there is no such thing as a coincidence!
Speaking of coincidences and I have permission to pass this along to you. Jim Sinclair wrote just a few days ago for the first time in many a moon, he said “gold has very limited downside from here and could move to $2,000 as an initial stop”. Do you believe it was a coincidence that he speaks now? No, he was called and was “told” by the same people who guided him in 1980 at the market top. Do you believe it was a coincidence following Jim’s writing, the IMF shunned China followed by the shot heard ’round the world of a yuan devaluation …three times?!!! …not to mention an explosion that could be seen from space! My mind is made up, no it is not any coincidence at all.
For months I have been suggesting Mr. Putin would drop a “truth bomb” revealing all sorts of false flag events and fraud perpetrated by the U.S.. I still believe this is to come and now even more likely. Why more likely? Because the financial sparring between East and West may have taken a very serious turn yesterday and I seriously believe a tactical nuke was set off. If this is the case, China will provide proof and they will retaliate.
Bill Holter believes a tactical nuke was set off at the Tianjin port yesterday and the Chinese will provide proof and retaliate NaturalWisdom -- Thursday, 13-Aug-2015 20:16:37