Disclaimer: The following will happen if and only if we do not
arrest the Bankers, seize their assets and have Debt Cancellation
combined with monetary and banking reforms.
The US is losing friends and influence as people overseas can see the End
is Nigh for the Dollar and for Washington. The Vietnamese are allowing
Russians to use former American air bases to fuel long range bombers. And the
British have joined China’s Asian Infrastructure Investment Bank. The Chinese
are trying to push the US out of Asia just as the US pushed Europeans out of
Latin America with its Monroe Doctrine in the early 19th century.
Britain, Australia, Germany and other key allies have set up financial
hubs to allow direct currency exchanges between their currency and the yuan.
The Chinese yuan is the fifth most traded currency in the world.
The BRICS Post said the Chinese are in direct talks with the IMF to
include the yuan in the basket of currencies that make up the SDR (Special
Drawing Rights.) The four current SDR currencies are the US dollar, the
pound, the euro and the Japanese yen. The deadline for inclusion is September
15th this year. The next opportunity for admission will be in 2020. The
Obama admin rather arrogantly rebuffed China’s last application in 2010.
The Chinese will have to open their gold vaults to public inspection and
audit before they can be accepted. Some time this summer we could see just
how much gold they have in their vaults. Dr Jim Willie has a source who has
worked in Europe helping to sell one thousand tons of gold every month for 30
months from Europe to Asia. That same source and others have said that
bullion banks have been stealing gold from European and Arab customers that
had been on deposit and selling it to Asians.
The bullion banks have been leasing gold from the Central Banks and the
Federal Reserve which they sell five times as paper certificates of gold on
deposit. Some of those banks have had to refuse to redeem their gold
deposits. And recently the Bank of England told the Austrians that their gold
might have disappeared.
Jim Rickards, a CIA and DOD monetary adviser, said he has talked to a man
who brought gold into China that was never listed on any official observer’s
website. China has been buying gold mines. It will be interesting to see the
Chinese open their vaults to inspection.
The euro has dropped to a 12 year low of $1.05. The Greeks were told that
they should stop paying wages and pensions for a month or two so they would
have enough money to make their loan payment to the Banks. Obviously, Bankers
have never tried to work as a hospital orderly or drove a truck. Only
sheltered people could think that workers would show up to their job and be
willing to forget paydays for the next two months.
The US dollar is currently surging in exchange value because investors and
speculators are buying trillions of dollars to liquidate losing investments
and loans denominated in dollars. The value of a currency is determined by
supply and demand. The US since NAFTA does not make things other countries
buy. NAFTA closed 57,000 factories and sent 12 million jobs overseas. The US
has allowed Monsanto to produce crops which are banned in many nations.
America has forced debtor nations in Africa to take Monsanto seeds despite
their objections that GMO franken food and their Round Up pesticide will
seriously harm the health of the people and the farm animals who eat them.
Once this flurry of loan liquidations is over the dollar should begin to
slide. That will be about the time the Chinese open their gold vaults. I do
not think the Chinese will immediately announce a gold backed yuan but will
first allow the price of gold to rocket towards the heavens in price. That
will seriously harm Washington’s standing in the world paving the way for the
yuan’s acceptance into the IMF’s SDR basket of currencies.
Hint 1: Any sudden price rise in gold will take silver
with it.
Hint 2: The Hong Kong Exchange halted all gold futures
contracts today (Friday the 13th) because the London gold price fix will soon
end and be replaced by a Chinese based electronic gold auction. This will be
an auction where you have to actually deliver the gold you sold and you are
not allowed to sell the bullion you stole from a depositor. HSBC used to be
the custodian for the GLD paper gold trust. They closed all of their gold
vaults. Good luck getting gold when you sell your GLD shares.
The Federal Reserve is pumping up the value of stocks in New York.
They loan dollars at low, near zero interest rates so corporations can buy
their own stocks. This makes stock prices rise despite the drop both in
earnings per share and in dividends. Poor earnings, declining sales and an
increasing debt load will eventually make those stocks look extremely
unattractive. But before that day arrives executives can get ‘performance
based’ bonuses and cash in their stock options. Insiders are selling record
amounts of stocks in High Tech.
Foreigners are also buying dollars so they can get into the New York
stock market before it collapses. This will not last long. The Baltic Dry
Index is down to new lows which means there will be no recovery in production
in the near future. And lumber prices and futures have also reached new lows
so housing will continue to slump.
The European stock markets are up but nowhere near as much as gold is in
foreign currencies. European stocks went up because their Central Bank under
Mario Draghi has promised to print a trillion euros. After the stocks have
risen in euros, the risk to investors will be that their euro denominated
investments will decline in relation to the dollar, to gold and to the yuan.
The Japanese yen is one of those four SDR currencies. Currently, the
Japanese debt is one quadrillion yen ($10.46 trillion US). The Japanese
government plans to spend 43% of its revenue this year to service the debt.
This is not good.
There is also a major risk to the Banks and to the West coming from Credit
Default Swaps. CDS were invented by Blythe Masters of J P Morgan in 1995.
What a CDS does is to allow a bank to use their assets to earn revenue
without real risk. They give out false insurance guarantees that if the price
of oil or a currency like the euro drops below a certain value, they
will be paid for the loss.
The Too Big To Jail Bankers sit on the board that determines if your CDS
should be paid out. They are very stingy. So why would you buy a CDS? You
need one to commit fraud. Pension funds are only allowed to buy AAA rated
bonds. When the Banks created trillions of dollars in fraudulent Mortgage
Backed Securities, they needed to buy CDS to guarantee them so their
worthless securities could receive AAA ratings from agencies that were paid
for ratings they did not deserve.
The Federal Reserve saw the handwriting on the wall. A couple of years ago
they told the Big Banks to write living wills. That meant they were to
separate their assets into several different corporate names. All the good
stuff was set aside to survive the coming collapse in the hands of very
special people. All the vulnerable assets remained in the commercial bank.
All CDS swaps (numbering in hundreds of trillions of dollars) were
transferred over to the commercial bank.
The Federal Reserve, the Bank of England and other Central Banks all
agreed that bank depositors were to now to be considered as investors
in the bank. This means the Bank’s creditors could seize the money the
depositors had been saving for a rainy day. For example, a man who sold
mortgage bonds he knew were to fail could collect on a CDS he bought for pennies
on the dollar. He is worthy to be paid from the depositors’ savings.
Mark Twain said America has the best Congress money can buy.
The Congress passed a law in December which Obama signed holding US
taxpayers liable for the losses the Banks will have on their two hundred
trillion plus dollars in potential CDS losses.
Hint 3: The Federal Reserve will never raise interest
rates before the Dollar Dies. The US could never survive an interest rate
increase. There are hundreds of trillions of dollars in CDS guarantees on the
value of the dollar and against any rise in interest rates.
America and Great Britain are weighed down heavily by corruption.
A Depression is a period in time when Unpayable Debts are canceled en
masse. The British have even more Unpayable Debts than the Americans so their
forthcoming Depression will be exceedingly severe. The US in for even harder
times than they were back in the 1930s when 3 million Americans starved to
death because we have more debts now than last time.
There are two events scheduled for September of 2015 that were heavily
promoted by Israeli intelligence. I wrote about one recently. It is the
Shemitah which is the time when debts were to be cancelled in ancient
Israel. It is called the Jubilee in the Bible. It has been presented in the
modern media as God pouring his wrath upon America because of abortion or Gay
rights or fill in the blank. It actually is the consequence of a failure to
cancel bad debts and has nothing to do with God’s Judgement. The Shemitah is
scheduled for September 13, 2015 which is a Sunday.
The second event heavily promoted by Israeli intelligence are the four
Blood Moons. A rare event that occurs once every 500 years. The fourth and
final Blood Moon is to occur on September 28, 2015. It is said to be a sign
of war and doom.
September looks like as good a time as any for America to hit a Brick
Wall. The Israelis have already prepared prophecies for the gullible to
explain why these disasters have nothing to do with banking, the greed of
Wall Street and the corruption of the City of London.
I opened with a disclaimer. We need Debt Cancellation and currency reform
to prevent these disasters. I wrote about issuing a Debt Free currency and
banning fractional reserve banking here:
IMF Economists: ‘We Were Wrong.’ Will Someone Please Tell The Press And
The Politicians.
https://vidrebel.wordpress.com/2012/08/19/imf...he-politicians/
I described how to fund Debt Cancellation by arresting the Bankers and
seizing their assets here:
How And Why An American Military Coup Could Save The World
https://vidrebel.wordpress.com/2013/04/25/...save-the-world/
I mentioned the Four Blood Moons. I wrote about them here:
Was John Hagee Told By The Israelis When They Plan To Blow Up The World?
target="_blank"
https://vidrebel.wordpress.com/2013/03/...w-up-the-world/
I recently wrote about the lack of a Jubilee (Debt Cancellation) causing
Judgement to be laid upon a nation:
Shemitah 2015 Demystified: Will The Economy Drop Like A Rock In September
target="_blank"
https://vidrebel.wordpress.com/2015/...k-in-september/
