- the source for market opinions


March 23, 2018 | DOW (-) 1150 points: Two Days! Now What?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

The change in our Dow electronic index reveals a message. The markets are fragile and our traders are losing confidence. The surface issues are tariffs, interest rates, and China. But the deeper issues are yet to surface. Let’s think about these ‘deeper’ issues for today’s missive…which must eventually surface. Our entire fiat money system is totally corrupt and dysfunctional when understood!


We live with digital money which has NO ‘tie’ to material reality (real production/wealth). Digital currency units are being used for international trade and most consumer transactions and these units are now ‘units of imagination’ (inner units) with no ‘tie’ to material reality. These units have no lasting ‘value’ and no ‘substance’ (matter). This means that they create price distortions and malinvestments everywhere.


The issue of our huge trade deficits is a serious issue as America now runs more than $800 billion in deficits annually. Our deficit with China is some $375 billion annually. This is an issue which Mr. Trump and Peter Navarro would like to solve. But this issue is MINOR when compared to the bigger issue of our fake (imaginary) digital money. With fake money confidence will fold as our international counterparties seek refuge in tangible assets or currencies which provide some backing.


China will start its gold/yuan contract on Monday, March 26. Read about this event here as it could change the entire marketplace (over time) and hurt our Petro-dollar dominance:

China sets March 26 (Monday) as the date to start their Yuan denominated oil contract

According to an official announcement from the China Securities Regulatory Commission, the long-awaited Yuan denominated oil contract will commence on March 26.

The significance of this alternative currency futures contract of course is that it will be the first non-dollar oil contract since the Petrodollar agreement was put into place over 40 years ago.  And as such it will potentially strike a huge blow to dollar hegemony, both on a geopolitical and on a financial level for America’s authority over the global reserve currency.

The real issue going forward for Mr. Trump and his economic advisers is the issue of our currency unit (the Dollar). This unit is now created ‘out-of-thin-air’ (a bankster’s inner self) and this is totally unsound for international trade. Price distortions are everywhere as a result of our digital (imaginary) dollar. This cyber dollar has no substance/value/credibility for continuing international trade long-term. Mr. Trump needs to deal with this issue soon.
One adviser which he might turn to is this lady called Judy Shelton. Judy has the understanding on money issues which our President lacks:
Judy Shelton has given Mr. Trump prior advice. He now needs her on-site advice!
I have read her book and it covers the history of our dollar and its fiat status! Her judgment is basically sound for our global currency situation today!
The bigger issues within international economics is our digital (imaginary) dollar (which has no ‘tie’ to material reality). If China is resorting to a Yuan currency (with backing) then traders will seek out this currency for their oil transactions. This will reveal the ‘naked’ status of our Petro-dollar and Mr. Trump will soon need to deal with this issue. International trade is now totally dysfunctional and the bigger issue is our digital (imaginary) currencies. It is time to think on these BIGGER monetary issues. I am:

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

March 23rd, 2018

Posted In: Kingdom Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.