My friends and readers who knows my style and writings; knows one word defines meâ€”patterns.Â So my predictions are not based on intuition, but patterns. We take it for granted and we repeat the same feat or the same defeat. The other day I was watching Charlie Rose on PBS and a professional futurist of finances from Goldman Sachs said that Goldman Sachs’ main predictor of future trends is past history. At least in one thing Goldman Sachs and I agree–patterns. Goldman Sachs and I disagree when it comes to the near feature of the Petrodollar.
Here is an example, our recent January for the stock market was the worse since 1928. That alone does not means a lot; however, 1928 and 2016 have one major fact in common, they were both election years. I have predicting the end of the dollar as a international currency and the bear market of January 2016 has just added another validation to my financial predictions.
If you are familiar with my videos; my predictions continue to manifest. The the video the collapse of the Collapse of the Petrodollar Part1, and the Collapse of the Petrodollar Part-2, I have mentioned that before the Petrodollar collapse the United Kingdom is going to lead us or the US to an eve of destruction. Today the Financial Times has announced that the British Pound has been the lowest against the Petrodollar in 7 years.*
Here is another way to look at this: What happened seven years ago? Answer: the housing market collapse in the USA and the global recession. According to the report the down on the British Pound is on the fears of Brexit or United Kingdom exiting a treaty called European Union. Not too long ago the United Kingdom included prostitution on its GDP. If it continues like this, England may have to sell the Falkland Island to Argentina.
Today one British Pound it is valued at $1.40; it is still a long way off my prediction of needing about 26 British Pounds to buy one American Dollar. The referendum on Brexit may accelerate the process, but the key point is China. If China wishes to destroy the UK and the US at once, all they need to do is to announce that the Yuan is backed by gold.