That being said, why in the hell has the Fed already had 4 closed door Expedited meetings in the first half of April?
http://www.federalreserve.gov/aboutthefed/boardmeetings/201604.htm

So I started looking into these “Meetings”…and they all fall under the Exemptions of the government in the Sunshine Act…cannot make this s~~~ up seriously…

So I had to look that up – – –

http://www.rcfp.org/federal-open-government-guide/federal-open-meetings-laws/government-sunshine-act
I don’t know much, but after some googling, I also found out that Obama, Yellen, And ol Biden himself had a unplanned “EXPEDITED” meeting themselves…And the fact that Obama and Biden were both there raised some red flags to me…I don’t know, maybe someone here with a bit more knowledge can explain all this, or is it maybe correct in my assuming something is a foot here??? Has the serious financial doom n gloom I have been hearing about for these passed few years actually coming to a head? Or is this just standard bulls~~~, nothing to worry about here move along??
Someone else please chime in, as I am curious as hell, and have been waiting for the s~~~ to collapse at the edge of my seat for A LONG TIME NOW….

In addition, China has a interbank system which will tie into the US SWIFT system. The dollar will probably it’s reserve status.

After all, would you rather hold currency backed by gold or would you rather hold fiat currency?

Thus all of the fed meetings last week. When I heard this last week, I purchased some junk silver.

I doubt it’s about the spiraling debt can that’s being kicked down the road.

Prefer Peace to Piece wrote:

China is announcing a gold backed Yuan on April 19th

Good time to bring in the Amero?

.

Now, the planet is strung out on easy money and there’s a race to the bottom in currencies, yet no real carnage. It’s hard to say what’s next, but I quit worrying. I manage to the individual stocks now, and I keep a decent portion of cash on the side “just in case.” I will say this much, strong dollar is finally here, and it ends up it kinda hurts if you’re an investor. Not such a bad deal if you’re a consumer.

.

This is all the less troublesome if you’ve dodged the blue pill circus and aren’t saddled with debt, a cow, and a pen full of calves to support.

I have silver and gold (buried, not in my house). I live far out enough so I was not observed. But I still have substantial funds in 2 banks and their accounts could be shaved. I try to keep my funds rotating into stocks and bonds but some is left over.

I may have to put some more money into bitcoin. Not much. Plus I always recommend having 3 months of funds on hand in case of “bank holidays”. I think I will ramp that up to 6 months or a year.

I’m not knocking anyone for having money in the bank, but it certainly seems like a steady bleed over time as the cost of necessaries rises over time. I’ve never kept more than a few months worth of bills saved up in the bank.

CHINA SAYS “NO DOLLARS” FOR NEW YUAN

Post by U.S.Reporter – Apr 13, 2016
CHINA SAYS “NO DOLLARS” FOR NEW YUAN

In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars. The new Yuan will be introduced next Tuesday, April 19.

When the International Monetary Fund (IMF) agreed to add the Yuan to the basket of world currencies used for Global Reserves and International Trade, they wanted China to make the Yuan more reliable as a currency. Since then, China has almost un-pegged its Yuan from the Dollar, allowing its value to fluctuate on world markets.

But for years, China has been amassing huge amounts of gold bullion; some have said their appetite for bullion has been “staggering.” And with a new gold-backed Yuan to be issued next Tuesday, the entire world will have a choice of a new currency to use for international trade: The old US Dollar which is backed by nothing, or the new Chinese Yuan, which is backed by gold. Which currency would YOU use?

When this new currency is issued, countries that have been forced to use US Dollars for decades, and have had to keep billions of dollars in their foreign currency reserves, will be free to dump those dollars. But they won’t be able to dump them to China for the new gold-backed, Yuan!

China has reportedly decided “there can be no conversion of gold-backed Yuan to or from US dollars.” What China fears is that many countries around the world will want to trade their reserve US dollars for the new Yuan, leaving China with mountains of worthless US dollars. China already has several trillion in US dollar reserves and does not want or need more.

If news of this decision by China is correct, then countries around the world may just have to decide whether or not they wish to continue trading with the USA at all?

The upheaval this could cause as early as next week, would be staggering.

This is a fast-=developing story; check back.

the financial system is tearing itself apart and everything is set for world war III.

“As senior London gold trader Andrew Maguire recently remarked, “The Shanghai Gold Exchange Fix will be settled in Yuan and involve 15 Chinese banks, but also includes at least five of the same LBMA banks that rig the London Fix. But there is a major difference. These Fix prices will represent delivered physical bars without any paper market dilution and most importantly all participating banks will be heavily regulated and unable to spoof or paint the Fix as they do now.” (Source: “Developments in the Gold Market,” King World News, December 18, 2015.)”

The US runs an Annual Budget Deficit of about 1 Trillion per year and I think currently has a 19 Trillion dollar debt.