It's not as if we haven't been hearing about an imminent crash of the dollar for several years now but after having seen this clip, I feel as if I'd be remiss if I just sat on it. I hope it doesn't come true, let alone as soon as it's predicted to do, here.
The Web Bots predictions are based on chatter scoured from the Internet. The project has been a fairly accurate predictor of world events, roughly 8-10 weeks prior to their actual occurrence in 3D reality. These are my notes on Clif's own summary of his full report, available on
his site:
Contrary to the Mainstream Media polls, Clif High's Web Bots predict the landslide election of Donald Trump (which is already happening, in
Florida's early voting), accompanied by mass confusion, with lots of language saying that "Hillary is missing", followed by the debt bubble burst.
The Web Bots say that Hillary will go missing and that the next global financial meltdown will be triggered by the collapse of the subprime auto loan bubble and by the repatriation of dollars from foreign countries. The confusion within the US body politic in the aftermath of the elections will confirm to everybody outside of the United States that this country's leadership is crazy. Anybody making a bet on America's stability, relative to economics will be taking the wrong side of the bet; the US is not stable enough to be trustworthy. US policies are so weird and egregious, with the Deep State supporting the criminal cronyists at the top level.The world has gotten wise to the fact that the US doesn't have its house in order; it's never going to pay back its debts, so why should they do business with the US and especially, since at the top of the power pyramid, there are all these bloodthirsty lunatics?
Two-thirds of all dollars are outside of the US, so the Federal Reserve is going to destroy dollars en masse, as part of this process of mass repatriation. Regardless, the US is going to be overwhelmed by hyperinflation - but it will be a weird kind of hyperinflation, because real estate prices will be falling, prices for cars will be falling through the floor - while the cost of food, gas oil energy electricity, clothing - the most basic necessities - will be going through the roof. This will be because no other countries will be taking dollars anymore. Exporters won't be shipping goods to the US, due to the collapse of the dollar.
The Web Bots predict the Dow Jones Industrial Average trading at a volume of a $125,000 and Bitcoin trading at about $12,000 and $25,000 per ounce for gold and somewhere north of $700 for an ounce of silver. It's not going to be a fun world to live in. Even if you've got gold and silver, you won't starve but you'll still have difficulties finding stuff because imports will stop.
It wouldn't surprise Clif to see the Dow drop three, four, five, six thousand points over the period from the Election until early March - down to maybe less than 10,000.
People are going to be so angry at the Fed by March of 2017, that those who actually work there are going to be under enormous amounts of pressure. Some will commit suicide - or be suicided.
It will be like a Zimbabwe or what Nigeria is just starting to get now or Venezuela. It'll be a modern form of hyperinflation, because it's not going be ubiquitous. The price of cars will plunge, the price of housing is going to plunge but the basics will be super expensive.
