Turning Hard Times Into Good Times

F. William Engdhal and Michael Oliver return. Since Nixon removed gold from the dollar in 1971, the dollar’s strength has been maintained by a U.S. military that has enforced the petroleum-based dollar for world trade. That has allowed the U.S. to print endless amounts of money used for military encroachment on Russian and Chinese sovereignty. Naturally that has elicited a reaction from both countries to the point where World War III is perhaps more likely now than during the Cold War. What few realize is that the base cause of this rising conflict is the threat to Russian and Chinese sovereignty made possible by U.S. dollar hegemony backed by U.S. and NATO military force. Meantime, the BRICS are building up gold reserves as the U.S. gold is mostly gone. How will this currency war play? No one is better equipped to opine on that topic than Engdhal. And no one is better equipped than Michael Oliver to opine on the near and intermediate term prospects for gold and the dollar.