JBSFC Return

After a two week hiatus, John and Steve returned last evening with a comprehensive update on all that has transpired since they last spoke. Additionally, Professor Cohen finally broached the subject that brought all of this to our attention over three years ago. Namely, that this crisis can eventually lead to the "de-dollarization" about which we have been speculating since the start of TFMR seven years ago.

The first two segments of this show deal with The New Cold War and the sanctions regime recently passed by the US Congress in a near-unanimous vote. It is very important that you listen to this part of the show so that you fully understand the significance of what has transpired.

Then, in segment three, we finally get to what first drew us to this subject in 2014. Back then, when we first started posting these weekly podcasts, we understood the long-term significance of the conflict to be economic. In short, the US was acting as if it "held all the cards" when, in fact, the opposite was true. If/when Russia, and by extension China, ever felt economically threatened, this would only serve to speed the path toward de-dollarization and a move away from the US$ as global reserve currency. This could come through a multitude of actions ranging from US treasury bond sales to the outright offering of a new and potentially gold-backed trading currency.

Well, guess what? In segment three, this is exactly the point that Professor Cohen finally makes! You might consider when was the last time you heard such a topic discussed in "mainstream" media. And again, THIS is why we began closely following this situation in the first place!

So, please be sure to listen this week and every week. The New Cold War is an ongoing conflict and you need to stay abreast of all the ever-changing developments.

TF

 

3 Comments

chrtoo's picture

No Comment!

Hmmm ... what Sporting Event or Holiday am I missing out on that I would get a First on this Topic. Especially since the ramp in gold and silver prices from today's ramp in US/NORK rhetoric.

Here is what I wrote to a few friends I shared this TFMR link with as my guess of our current state, I wonder if any of this is covered in the podcast.

"After a summer break, I can only imagine what this theater has gotten itself up to especially since the US military is largely running itself, due to the Official-level distractions of the White House and the US populace from the corrupt Libtards and their lapdog Main Stream Media. As much as the Dark State would love to DumpTrump and complete the tyrannical fascist lock-down of America (to then kick-off wars of cover for the US Debt default), this might not be necessary if the previous Government's military agenda rolls along unchecked and unchallenged."

And now to listen ...

CHR.

gold slut's picture

At last

Hated going 'cold turkey'.  Now to listen.

Marcus's picture

Damn, today is August 9th

Today is the 72nd anniversary of the 1945 atomic bombing of Nagasaki. I wonder what the people of Japan, and the entire region, are thinking today, in conjunction with all of the sabre rattling involving North Korea?

I will pray. It's all I can do.

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