Expect Global Shockwaves As The “Great Reset” Unfolds In 2018

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Expect global shockwaves as the “Great Reset” unfolds in 2018.

Financial Accounts of the United States – Z.1
Subsection: B.101.e Balance Sheet of Households and Nonprofit Organizations with Equity Detail
 
(King World News) – Email to KWN from Kevin W.:  Interesting that in Q3 2017, US Household Net Worth accounted for $96.9 trillion or 34.6% of Global Net Worth totaling $280 trillion, while US GDP of $18.6 trillion only makes up about 24% of world GDP. Whereas China Household Net Worth at $29 trillion equals about 10.3% of Global Net Worth, while China GDP of $11.1 trillion makes up 14% of world GDP.

The Massive Transfer Of Wealth Will Create Global Shockwaves
 
Stay tuned as gold price discovery and reset rewards the gold saving Chinese Households at the expense of US and other Western Households that have for more than 40 years over-consumed and under-saved, with little to no gold set aside for rainy days.

China: 16,000 Tonnes Of Gold – India: 20,000 Tonnes Of Gold

With Chinese Households accumulating some 16,000 metric tonnes or 500 million ounces of physical gold since restrictions were lifted in 2008, $11,000/oz gold will quickly added nearly $5 trillion to their wealth. India will see over $6.25 trillion in added wealth to their post-2008 8,000 metric tonnes of gold accumulation & 12,000 metric tonnes pre-2008. In other words, the West will experience a massive transfer of wealth to the East.

Equities are ripe for a big decline relative to all financial assets. Real estate will also plunge because forced liquidations will ensue as DPI is insufficient for servicing over-leveraged debt and mortgage debt…

Again, stay tuned as gold price discovery and reset rewards the gold saving Chinese Households at the expense of US and other Western Households that have for more than 40 years over-consumed and under-saved with little to no gold set aside for rainy days.  It will without a doubt be the greatest transfer of wealth in world history, and the end of the glory days of the West.

The Bottom Line
 
King World News note:  For KWN readers around the world, the point of Kevin’s email is to highlight the massive transfer of wealth that will take place when the world financial system is rebooted.  There will be big winners (China & India) and big losers (the Western world).  There will also be individual winners (investors) in the Western world that properly position themselves for the coming reset.  Continue to accumulate physical gold and silver on pullbacks as well as the shares of the high-quality companies that mine the metals.