The power of the dollar is now broken. 9:30 AM Jan 4, J.P. Morgan missed a US$4B margin call from the metal exchange, so they are officially in default. This was cleverly engineered by China to weaponize the Big Bank's short of the silver market. Jan 1, China closed the door to silver exports, silver inventory has plummeted, the bank's bet against silver has failed. The value of US$ just went through the floor, the liquidity crisis will infect most other banks, they will implement "Bail-in" meaning your deposit is converted to equity shares in a failing bank. The whole (Western) monetary system just broke. Those not holding gold, silver or yuan are in very big trouble.