Kevin Wadsworth: This Time, the Entire System is at Risk
Palisades Gold Radio: Oct. 5, 2022
Tom welcomes back the Market Weather Forecaster Kevin Wadsworth. Kevin discusses his background in assessing systemic risks. He believes there are serious risks of systemic failure, particularly in Europe.
U.S. government debt is in a parabolic rise, and the math is starting to no longer add up. The cracks are forming in the foundations of the global central banking system.
Kevin shows off his US 10-Year yield chart, which demonstrates a forty-year historic trend shift. The various PPI charts for Europe are quite literally off the charts. Germany, Italy, France, Eurozone, and U.K. have all had massive rises in their producer price indexes which surpass all historic levels even wartime.
We are in uncharted waters.
There is a delay between PPI levels and consumer prices. This doesn't feel transitory, and who knows what the consequences will be. We've also had absolute chaos in the U.K. pound versus the dollar. The evidence is now suggesting that problems will begin appearing in the United States.
Whenever markets reach mainstream news headline levels, look for a coming reversal. The U.K. central bank has now restarted easing. Europe is seeing sky-high electrical prices, in part due to natural gas shortages. They are currently around seven times normal highs.
The government solution is to subsidize electricity and have the populace pay the excess cost back later on. We're guaranteeing future inflation. The U.K. has extremely limited storage capacity for natural gas. People need to be prepared for long power outages this winter. We could see a series of domino like systemic failures this winter.
History demonstrates that in a true large bear market, drops of 70-80% are normal. Hard assets are the place to be in this type of environment.
He notes that Bitcoin has never been through a circular market downturn in equities. Should it break out above the 30-week MA and move up despite equity performance, that would be a good sign.
Short-term quick jumps like we just saw in silver are unlikely to mean that much. Investors need to be cautious and wait for the preponderance of the weight of evidence. There are multiple reasons why governments and central banks alike would want CBDCs, including control and ease of taxation.
Time Stamp References:
0:00 - Introduction
0:40 - Systemic Collapse Risk
4:58 - Yen & Pound Stability
7:00 - Rate Hikes & Yields
13:20 - European PPI Indexes
16:41 - Pound Vs. Dollar
20:45 - Electric & NatGas Prices
29:15 - Equity Markets
32:50 - Gold Vs. Equity Ratios
35:50 - Gold & Purchasing Power
40:14 - Cryptocurrencies
43:14 - Silver & Finding Bottoms
48:45 - Assessing CBDCs & News
54:50 - Wrap Up
Talking Points From This Episode
- The systemic risks are building in the global financial system and investors need to exercise caution.
- PPI Manufacturing inflation indexes for Europe are quite literally off the charts.
- His assessment of energy, equities, gold, Bitcoin and the potential for more inflation.
- Be cautious and wait for the significant evidence of market direction.
TNT:
Tishwash: The oil and gas law is still in the government's drawers, and a member of parliament is calling for it to be sent to parliament.
Qaisar Al-Jurani, a member of the Oil, Gas and Natural Resources Committee, confirmed on Wednesday that the draft federal oil and gas law is still in the government's drawers and has not been sent to the House of Representatives in its final form, despite its importance in regulating and managing oil wealth in Iraq.
Al-Jurani told Al-Mada that enacting the law has become a national necessity, especially to regulate the oil relationship between the federal government and the Kurdistan Region, and to define the powers of managing oil fields, production and export mechanisms, contracts and revenues, in accordance with the constitution and to preserve the rights of all producing governorates.
KTFA
Thursday Night Video
FRANK26…11-12-26….14th….I DON’T CARE
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
A Report Analyzes The Dollar Crisis: 14 Reasons Driving The Rise Of The Parallel Market Rate And Widening The Price Gap In Iraq
Shafaq News - Baghdad The head of the “Iraq Future” Foundation for Economic Studies and Consultations, economist Manar Al-Obaidi, identified on Thursday a set of main reasons that drive the increased demand for the dollar in the parallel market, and the pressure to widen the gap between the official and unofficial prices in Iraq.
Good Afternoon Dinar Recaps,
GLOBAL ASSET RESET WATCH: EUROPEAN STOCKS HIT RECORD HIGH AS STRONG EARNINGS AND LOWER ENERGY COSTS SUPPORT MARKETS
Europe's record-setting stock market reflects growing corporate strength, easing energy pressures and shifting global investment patterns as financial markets continue to adjust to changing economic conditions.
THIS Is How the Dollar Breaks (Why Gold Is Next)
Taylor Kenny: 11-10-2026
Central banks are buying physical gold at a historic pace. They're diversifying their reserves, reducing reliance on the U.S. dollar, and preparing for a financial future that looks very different from today's. In this video,
Taylor Kenney connects the dots between government debt, inflation, central bank gold buying, and the changing monetary system.
What happens next could have enormous consequences for anyone holding their wealth in U.S. dollars.
GP Q: Strategic Briefing on NESARA, GESARA, ISO 20222, and mBridge
11-12-2026
NESARA & GESARA
THE GLOBAL CURRENCY RESET
THE SWITCHES ARE LOCKED IN — Full 8-Min Strategic Briefing below on NESARA/GESARA, ISO 20022 & mBridge
Basrah Crudes Rise Despite Benchmark Losses
2026-11-12 01:18 Shafaq News- Basrah Iraq's Basrah Heavy and Basrah Medium crude prices rose on Thursday, even as global benchmarks Brent and West Texas Intermediate (WTI) declined.
Basrah Heavy gained $0.47, or 1.03%, to $46.11 a barrel, while Basrah Medium rose by the same amount, or 0.95%, to $50.11.
China Buys Gold For Two Straight Years As Central Bank Demand Remains A Key Pillar Of Support
Kitco News) - After a busy third quarter, central banks continue to take advantage of lower gold prices to increase their official reserves. China continues to play a dominant role in the marketplace, increasing its reserves for two straight years.
In social media posts highlighting October purchases, Krishan Gopaul, Senior Analyst, EMEA, at the World Gold Council, said that China bought 26 tonnes of gold, putting the nation’s official reserves on nearly equal footing with those of other developed nations.
The Biggest Wealth Transfer in History Has Already Begun | Lynette Zang
WTFinance: 11-11-2026
On this episode of the WTFinance podcast I had the pleasure of welcoming on Lynette Zang. Lynette is an economist, precious metals and currency analyst, and the Founder and CEO of Zang International.
During our conversation we spoke about the current situation in the economy, debt bubble, the fiat crisis risk, secular shifts, new financial system, gold and silver and more.
Central to the discussion is the realization that the modern fiat currency system is built almost entirely on the foundation of public confidence.
Ariel: Iraq’s 3 Zero Posture, the Feint, the Gold, and January 1st
Iraq 3 Zero Posture: The Feint, The Gold, And Jan 1st (What We Are Up Against)
DATE: November 10, 2026
CBI INTERNAL CIRCULATION TRACED TO GREEN ZONE DEEP SOURCE
SITUATION REPORT: The Three Zeros Delay Announcement as Tactical Misdirection
Reset Intelligence: Iraq Nears an IMF Reform Plan
By Reset Intelligence | @EXIT_FIAT
On Wednesday, Iraq and the IMF closed a round of talks in Amman with progress on a three-year reform programme for 2027 to 2029. No sum has been named and nothing is signed yet.
On the same day, Prime Minister Ali al-Zaidi and Speaker Haibat al-Halbousi each opened an inquiry into oil reported stolen from a pipeline south of Baghdad, and into a smuggling route for Iraqi oil through Iran to Afghanistan.
Dollar Inches Up In Baghdad, Erbil
2026-11-12 Shafaq News- Baghdad/ Erbil The US dollar opened Thursday’s trading higher in Baghdad and Erbil, hovering around 169,100 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya exchanges at 169,150 dinars per 100 dollars, up from the previous session’s 168,900 dinars.
Good Morning Dinar Recaps,
GLOBAL DEBT RESET WATCH: EUROPE ADVANCES TOKENIZED BONDS AS CENTRAL BANKS BUILD THE NEXT FINANCIAL INFRASTRUCTURE
Europe is moving government borrowing and bond settlement onto digital platforms, bringing tokenized debt closer to everyday financial-market operations.
TNT:
Tishwash: Academics call for support for productive projects and protection of the currency.
Harmony and coordination between fiscal and monetary policies are fundamental to ensuring financial stability and supporting sustainable growth in the country. Economic experts emphasize that the current structural and institutional challenges necessitate strengthening cooperation mechanisms between executive bodies and the Central Bank of Iraq.
This will ensure efficient management of monetary liquidity, mitigate external shocks, and achieve the desired balance between stimulating economic activity and curbing inflationary pressures.
KTFA
Wednesday Night Video
FRANK26….11-11-26….HCL & 1500
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Iraq’s Central Bank Warns Banks Against Extra Fees On Dollar Sales
2026-11-11 | 12:03 BAGHDAD — The Central Bank of Iraq on Tuesday renewed its warning to banks and electronic payment companies not to add unjustified fees or margins to dollar transactions for traders and travelers.
Banks and payment companies buy dollars from the Central Bank at 1,510 dinars and may keep 10 dinars per dollar for profit and commissions when they sell at the official rate of 1,520, Mahmoud Dagher, an adviser to the Central Bank governor and the bank’s spokesperson, said in an interview with Al-Rabiaa TV.
GOLD: The World's Most Trusted Metal — But Why?
If gold is so rare, why can countries buy it by the ton? Who sells it? Why do central banks accumulate it? And is the world really preparing for gold-backed currencies?
For thousands of years, gold has fascinated humanity. Civilizations have fought over it, kings have accumulated it, governments have stored it, and investors have turned to it during times of uncertainty. But beneath gold's reputation as the ultimate symbol of wealth lies a surprisingly simple question:
The Bond Market Is the Real Danger, China Is Building a New Gold System | Andy Schectman
Liberty and Finance: 11-10-2026
Gold and silver prices are falling, but Andy Schectman says the biggest financial players are using the weakness to accumulate precious metals behind the scenes.
He explains how China is building a new gold-backed financial infrastructure, including 24/7 tokenized gold settlement that could challenge the dollar's dominance.
More than $100 billion in gold and silver has reportedly stood for delivery on COMEX this year, raising questions about where physical metal is moving.
Ariel: November 15th Budget Deadline
11-10-2026
November 15th Budget Deadline: The Line Items Written For One Market (Budget Table Revisions)
I Want You All To Keep This In Mind
The reason the 2027 budget is the revaluation, not just a precursor to it, comes down to one thing that most people holding dinar completely miss: the budget is the proof.
Good Morning Dinar Recaps,
GLOBAL DEBT RESET WATCH: U.S. TREASURY SELLOFF INTENSIFIES AS 10-YEAR YIELD SURGES ABOVE 5%
Rising inflation, growing expectations of Federal Reserve rate increases and mounting government borrowing pressures are pushing U.S. Treasury yields higher, highlighting the growing challenges facing the global debt system.