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http://illuminatisilver.com http://facebook.com/illuminatisilver Dollar Shortage Could Lead to Global Financial Collapse (Part 2 of 2) Today is Thursday 17th November 2016 and we are discussing the implications of a US dollar shortage and its effect on the rest of the world part 2. In part 1we defined essentially what was meant by a dollar shortage even though some $3.4 trillion of new money was created between 2008 – 2015. This was outpaced by around 20 to 1 by dollar denominated debt. In addition, a rising dollar, a repatriation of corporate profits to the US and an unwillingness by the FED to issue dollar swap lines could possibly lead to a serious global dollar shortage. In this part we shall now cover how this situation could pan out, the timings of such an event and its implications for gold and silver prices as well as other asset classes. So we are ruling out any deliberate attempt by the powers in charge to derail the economy. We are not ruling out however the possibility of something happening out of the ordinary – our legendary ‘black swan’ which could cause the derailment, but you can at least rest comfortably in the knowledge that this is not likely to be done on purpose Well in reaction to President-elect Trump’s victory, we have seen the US dollar surge, the dollar index moving from around 97 to over a 100. For US Exporters this is bad news, but for importers and Americans touring abroad its great news. However as mentioned in the last video it is penalising those who have to repay their debts to the US in dollars, most of whom are emerging market economies. On the 5th October of this year, we produced a video under the heading ‘ Emerging markets may prevent global economic collapse in 2017’ (https://www.youtube.com/watch?v=0c3XnM-jIhg) which frankly was viewed by less than 1,000 of our subscribers and yet was a very important video in relation to the economic success of the US and the rest of the world. This is in jeopardy depending upon the policies that the new President eventually introduces. In both of these cases a higher dollar or higher interest rates is negative for gold. If there is a trade war, that will be negative for silver. Of course, should an economic collapse prove to be the consequence of this then there will undoubtedly be a flight to the precious metals as currencies, stock markets and most other investment vehicles will be in free-fall. Our view is that Trump will not be as protectionist as he originally claimed and once he fully understands the repercussions of any decisions he may make, will prove less radical a President as many expect him to be. People who gain senior office when faced with the gravity of the positions they now occupy, very seldom adopt extremists measures, especially if one considers that one wrong move could entirely derail the entire financial system. Ultimately we believe that Trump’s Presidency will prove favourable for gold and silver owners, if only because the dollar can only sustain an index of around 100 for so long. However, we do suspect that there will be downward pressure on the metals until we see clearly the full extent of the policies he plans to adopt. Meanwhile, our recommendation is do not rule out black swans, or errors of policy, but equally do not assume that they are bound to appear or happen any time soon. That road upon which the can is being kicked is a lot longer than many people envisage. Please view our latest videos: Dollar Shortage Could Lead to Global Financial Collapse (Part 1/2) https://youtu.be/QLgMvi9Renk China’s President tells President-elect Trump US and China “must co-operate” https://youtu.be/x6aNkEp-Cak US Retail Sales boosts the dollar and the prospect for higher Interest rates https://youtu.be/L1Lwsa6chds 7,000 Subscribers on YouTube – A Tremendous Thank You https://youtu.be/V2jK2VfcQxo How the Muslim Population could cause gold prices to soar. https://youtu.be/whwk_ETII58 How gold prices could fall below $1200 before the end of 2016 https://youtu.be/baNEE4DsKnY A Trump Presidency could enrich Banks and Bankers even further, https://youtu.be/HZ061hInE9A Gold and Silver Update w/e 11th Nov 2016 https://youtu.be/WjX_n5hOvwo Can a Trump and Putin relationship resolve US & Russia Differences? https://youtu.be/oCiuYYb5DII Stock Markets Recover and Gold Prices fall back after a Trump Victory – why? https://youtu.be/A-Sg6J-Qvuw Could Ivanka Trump become the First US Female President? https://youtu.be/hkxcx3L8WBs Clinton Concedes – Markets Down, Dollar Down, Gold and Silver Up https://youtu.be/ewrTPCKRxVQ