On 5/11/14, stage3alpha <mail@s3alpha.net> wrote:
> Jim Willie: BRICS 80 Preparing To Take Down The
Dollar
>
> Dr Jim Willie has been talking about the BRICS
nations (Brazil,
> Russia, China, India and South Africa) being joined
by other nations
> to take down the dollar. He says there are now 80
nations in the BRICS
> alliance who have joined together to end the
dollar’s reign as the
> international reserve currency. China could have
taken down the US
> economy any time it wanted to after it had
accumulated more than a trillion dollars in US Treasury bonds.
> All it had to do was to sell them and buy real assets
until the US
> government collapsed and surrendered.
>
> The Chinese are playing a much more sophisticated
game. Their goal is
> to take down the dollar and the British pound but
not to hurt their
> customers in Africa, Latin America, Australia and
elsewhere. He thinks
> a Northern euro will emerge leaving southern Europe
and France far
> behind. Italy’s future was hurt when they mistakenly
decided to send
> half of their gold to New York. That gold is in Asia
along with the
> bullion from the Netherlands and Germany. Dr Willie
agrees with Jim
> Rickards who says the dollar will be devalued 80%.
This will make
> imported goods 500% more expensive. And it will also
enable foreigners
> to buy food off the shelves of America and Great
Britain. Please note
> that the British pound is being targeted by the
BRICS
> 80 as well.
>
> Dr Willie also believes that J P Morgan and other
financial firms in
> the US and the UK are helping China to manipulate
gold and silver. The
> Chinese want to buy gold for a low price and spend
it at a much higher
> price when everything goes to hell and Americans
have to sell off
> their few remaining assets to feed themselves. He
says the London and
> New York banks have been sending a thousand tons of
gold to China every month since April of 2012.
> The dollar will collapse and the price of gold will
skyrocket when
> there is no gold left in London and New York to send
to China.
>
> The Federal Reserve balance sheet has grown from
$800 billion in 2009
> to
> $3.9 trillion today. That is almost a 500% increase
in less than 5 years.
> You would think that would be inflationary. But the
federal government
> lies about employment, economic outlook and inflation.
John Williams
> at Shadow Stats says the inflation rate is really
almost 9%. Since GDP
> is flat, the real economy after factoring in the
inflation rate is contracting at 9%.
>
> Dr Willie emphasized the collapse in the velocity of
money in the US.
> Your GDP equals the Money Supply times the number of
times money
> changes hands (Velocity) in the course of a year.
The Velocity of
> Money fell from
> 1.6 in 2009 to .7 today. That is a decline of 56.25%
in less than 5 years.
> People outside the United States often use media
sources not
> controlled by the Big Six US Media. These numbers
indicate the bottom
> will fall out of the market sooner rather than
later.
>
> He has zero confidence in Greenspan, Bernanke and
Yellen. If
> Quantitative Easing (QE) actually worked, why did we
replace QE1 with
> QE2? The
figures the Federal Reserve released saying QE was cut $10
> billion a month were contradicted by Belgium buying
$30 billion in US
> Treasury bonds a month. So instead of cutting back
ten they added 20.
>
> Look at the employment figures. America supposedly
has an unemployment
> rate of 6.3%. More than 800,000 people dropped out
of the labor force
> because there was no work. The Labor Department
added 234,000 jobs out
> of thin air based upon what is called the Birth
Death model. What it
> means is that normally small businesses are creating
jobs and hiring
> people. We have to assume these jobs are out there
and these small
> companies will eventually report their new hires.
Gibberish. This
> government is doing everything it can to run small
businesses and
> farmers into the ground so monopolists can take over
manufacturing,
> retail and agriculture. So what if there are no jobs
and the price of
> beef, pork, chickens and eggs are going way up. The
important thing is
> that campaign donors can squeeze the life out of you
with every utility bill or with every trip you make to the grocery store.
>
> If someone tells you the US economy is in recovery,
please tell them
> that 90% of all new car loans are subprime. This and
the drastically
> declining Velocity would indicate to me that the
American economy is
> on the verge of collapse. Foreign manufacturers will
have to aim their
> product marketing to the BRICS 80 nations after the
dollar and the pound collapse.
>
> Dr Willie thinks the Ukraine will collapse by
September. They have no money.
> They cut pensions in half. The IMF loaned them money
provided they
> went to war against the secessionists in the eastern
Ukraine. The US
> stole Ukraine’s gold. The Ukraine has decided to
take a billion
> dollars of their IMF loan to buy gold to replace
what the Federal
> Reserve stole from them. He also thinks that all the
sanctions placed
> first on Iran and now on Russia have been extremely
counterproductive.
> Putin who is of Jewish descent had heretofore been
reluctant to aid
> Iran, but has recently been forced to agree to buy
> 500,000 barrels of Iranian oil a day. The Turkish
banks played a
> pivotal role in breaking the Iranian sanctions by
setting up gold for oil schemes.
> This is evolving into a drive for a regional
currency in the Persian
> Gulf which will be gold and possibly oil backed.
>
> Jim Willie made reference to the USS Donald Cook, a
destroyer. It was
> in the Black Sea when a Mig-24 flew overhead and
shut down the
> American ship’s defenses. That is not a good sign if
there is a real
> shooting war in the near future.
>
> Panama has lots of gold. They are talking to several
Central and South
> American countries about setting up a regional
currency that is gold,
> copper and oil based.
>
> Dr Willie discussed China’s Shanghai Free Trade
Zone. It accepts
> certain firms as Trusted Traders. What this means is
that there will
> not be a lot of customs and tax officials going
through your
> shipments. If you are on the approved list, your
goods will flow through freely without interference.
> There will be a vigorous trade in gold and silver
bullion. And they
> will have truly anonymous banking. The Chinese like
this so much that
> they have decided to build two more Free Trade
Zones.
>
> The US dollar is gradually being replaced as the
currency of choice
> for drug dealers and gun runners. The Big Banks
launder a trillion
> dollars a year in illegal drugs and weapons. They
also launder $500
> billion a year in political bribes. If you were a
drug dealer,
> wouldn’t you prefer to do business in Shanghai
rather than in
> Switzerland which has caved in to the US Treasury Department?
This is
> highly significant. In 2008 the Big New York Banks
called all the Drug
> Cartels in the world promising them God only knows
what if they would
> just send money to their Manhattan branches to keep
the dollar from
> collapsing. They saved America from a run on the
banks. The Drug
> Cartels might prefer to keep their money in those
new Chinese kilogram gold bars in Shanghai during the next economic crisis and
let the dollar sink.
>
> Even Arab billionaires are joining the Chinese. They
are sending their
> 99.95% pure 400 and 100 ounce gold bars to
Switzerland to be smelted
> down into higher grade 99.999% pure gold kilogram
bars. These bars
> will be the new standard in international trade
settlement. China
> started smelting the gold they receive from the West
down into
> kilogram bar size. The Chinese even started a Gulf
States initiative
> with the Saudis. And they promised a
> $100 billion in investments for Africa at their
Beijing Conference in 2010.
> Obama has countered the Chinese offer with ‘An All
the Drones You Want’
> policy that for some reason is not popular in Africa
and the Mideast.
>
> If the US and UK illegal drug markets crater after
the dollar and the
> pound are devalued, it might be a good time to
legalize heroin,
> cocaine and marijuana.
>
> Dr Willie stressed the point that to set up a gold
or oil based
> currency, you will need to have very close and very
strong relations
> with commodity markets. The Chinese and the BRICS 80
nations are
> laying the ground work now and are being accelerated
by American
> sanctions.
China in 2013 bought Goldman Sachs’ aluminum and
> industrial metals warehouses. A Russian conglomerate bought the Morgan
Stanley Energy Desk.
>
> I previously wrote that I believe the devaluation of
the dollar will
> be on the agenda for the Bilderberg Conference
scheduled for the end
> of May in Copenhagen with June 1st as their getaway
day. The agenda is
> set by the Rothschilds and their closest associates
in the 30 Ruling
> Families. Their agenda is implemented through the
Bilderberg Steering
> Committee. The other Bilderberg participants are
invited to discuss
> matters until an agenda item from the Steering
Committee is agreed
> upon. Then everyone goes home and carries out the
will of the 30
> Ruling Families. If people around the world see
authoritative articles
> in the press calling for devaluation of the dollar
and the pound, then
> investors might be spooked or even stampeded into
dumping dollars
> prematurely. Usually Hedge Fund managers are smart
enough to figure
> out that they cannot take on the Federal Reserve.
The US government
> has 2 million private contractors in the
intelligence and security
> area. And they have 25,000 active duty Special OPs
troops to make sure
> the will of Wall Street is the Law of the Land. The
Federal Reserve is very powerful, but no organization is stronger than the
markets.
>
> There is a steady progression to these events but
when people see the
> avalanche coming, the momentum towards abandoning
the dollar and the
> pound will grow exponentially. I see devaluation
leading to
> Hyperinflation sooner rather than later. At a
minimum the euro will
> split into northern and southern units assuming the
European Union
> survives. This devaluation of the dollar will end
the US military as the dominant force in the world.
>
> Visit stage3alpha at: http://s3alpha.net/?xg_source=msg_mes_network
>
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