(cont) It's interesting that Lindsey Williams' elite friend told him last year that a big crisis was possible in late 2015/early 2016. Turns out this was the period when the yuan decision was scheduled to be made (Fall 2015, with inclusion in the SDR to start in Jan 2016).
If they had done the inclusion that quickly, it could have indeed created a dollar crisis since central banks would have to rush to dump dollars and buy yuan in order to get their reserves in line with the new SDR percentages. But instead the yuan inclusion was postponed until September of this year.
Now the yuan inclusion will definitely occur September, and Lindsey's elite friend has reiterated that a crisis might start late this year or early 2017. He didn't say that the crisis was related to the yuan's inclusion in the SDR, but the timing fits, just as it fit last year except for the postponement.
With the yuan safely ensconced in the SDR basket, the Western banking cabal can proceed with the SDR transition plan, which will presumably involve a crisis in the dollar. When and how will it happen? No way for us small fry to know, but Rickards says to get your gold now while the getting is good. He says the transition to SDRs will be extremely inflationary in the US, and there's a good chance they'll have to back the SDR with gold for it to be accepted, in which case gold gets revalued much higher.
AI
