Russia’s Plan For The BRICS To Dismantle The Dollar System!

In a courageous investigation, Antony Sutton establishes tangible historical links between US capitalists and Russian communists. Drawing on State Department files, personal papers of key Wall Street figures, biographies and conventional histories, Sutton reveals: the role of Morgan banking executives in funneling illegal Bolshevik gold into the US; ..the intervention by Wall Street sources to free the Marxist revolutionary Leon Trotsky, whose aim was to topple the Russian government; the deals made by major corporations to capture the huge Russian market … and, the secret sponsoring of Communism by leading businessmen, who publicly championed free enterprise. “Wall Street and the Bolshevik Revolution” traces the foundations of Western funding of the Soviet Union. Click on image to goto the free pdf E-book !

• Both the Anglo-American western Illuminati and the Russia/China Illuminati are quite obviously controlled by the Satanic bloodlines. This battle between the west and the BRICS is simply 2 pit viper having a go at each other to see who will be top dog when the Man of Sin, the Anti-Christ is revealed. Regardless of which side wins, it is still the Luciferian New World Order –> ’666′.
  -
• Historically, Communism was financed, managed, supported … by the Illuminist banksters out of Wall Street. The same Synagogue of Satan controls the west and Russia/China. Russia via the Rothschild bloodline and China via the Rockefeller bloodline. The head of the snake is the British Monarchy leading the Black Nobility of Europe! The Illuminist philosophy is to own/control all sides in a major conflict!
  -
• Russia’s  Plan For The BRICS To Dismantle The Dollar System! 
  by http://www.nakedcapitalism.com/ 
  Some financial markets commentators seem to be eagerly awaiting the dollar to  collapse under the weight of the Fed’s monetary expansion. The wee problem with  that view is that everyone knows that the party that trashes its currency gets a  nice boost to its export sector, but it’s easy for this sort of behavior to  devolve into “beggar thy neighbor” competitive devaluations (witness our recent  finger-shaking at Japan). And since policy-makers in the major economies are  deeply devoted to our current “free trade” system, the tacit assumption has been  that we might see some jockeying within the current system, but no real  breaks.
  -
  And the second major reason for the mainstream view that the dollar’s  dominance is not at risk is that no other large economy wants the burden of  serving as the reserve currency, which entails running trade deficits much of  the time.
  -
  Nevertheless, a lot of countries resent the dollar hegemony. This post  describes one effort to supplant it.
  -
  By Valentin Mândrăşescu, Editor of Reality Check @ The Voice of  Russia. The article was edited by Wolf Richter and first published by Testosterone  Pit.
  The status of the US dollar as the world reserve currency gives the US a  number of advantages over other countries. The world’s most important  commodities are priced and traded in dollars, even if most of these commodities  are not produced in the US. The fact that the world’s financial system is based  on the dollar allows the Federal Reserve to export inflation to other countries,  while the Federal Government runs a huge deficit with impunity.
  -
  So far, only China has been active in challenging the dollar supremacy. The  internationalization of the yuan is an official priority of Chinese leaders.  Currency swap agreements with major trade partners like Brazil, France, or  Australia are small but important steps in the Chinese strategy. Changing the  world financial system is not an easy task and certainly a very challenging  undertaking for China. Now, it seems that Beijing has found an ally in the  Kremlin. And there appears to be a consensus between the BRICS countries: the  urgent necessity to dismantle the dollar system.
  -
  A week before the recent BRICS summit in Durban, the Kremlin administration  has silently produced a document which describes the Russian strategy in the  context of BRICS cooperation. The document makes for a fascinating read for  anyone brave enough to plow through the dense Russian legalese. The strategy has  been designed in the “inner circle” of Vladimir Putin’s team, so it is safe to  assume that it represents the official view on the BRICS future.
  -
  In Russia, politics are Byzantine; the fact that the Kremlin decided not to  hide the document or leak it to a chosen few journalists, but publish it  outright is a very strong signal, a very vocal angry signal directed at the US.  A signal that the Western media chose to ignore.
  -
  In the recitals section of the document, the authors point out that “there is  a common desire of the BRICS partners to reform the outdated global financial  and economic framework that doesn’t take into account the growing economic  weight of the emerging markets.” Moreover, the Russian strategists view the  BRICS as a tool to reform the way the world is being governed. Then the document  hammers home its message:
  -
  Russia assumes that, given enough political will of the leadership of the  BRICS countries to advance their cooperation, this alliance can become one of  the key elements of a new system for global governance, primarily in the  economic and financial domains.
  -
  Move aside New World Order! The BRICS are coming to change the world.
  -
  The goals are clear. In the section titled “Strategic goals,” the first point  on the BRICS’ agenda is the reform of the world financial system in order to  make it “fairer, more stable, and more efficient.” In the later chapters, it is  spelled clearly that this “reform” is actually a dismantling of the dollar  system.
  -
  It is worth noting that the place of this issue in the list of the BRICS’ priorities speaks volumes about its importance. Judging by the order of  priorities, depriving the dollar of its status as the world reserve currency is  more important than “preventing breaches of sovereignty” (a.k.a. the “Syrian  problem”) or “expanding economic cooperation.”
  -
  read more!

Click on image to goto online book!

end

World Bank Whistle-blower: “Precious Metals To Serve As An Underpinning For Paper Currencies”!

Click on image to download MP3 interview on 5 May 2013!

• The world is ruled by a Satanic cabal, the seed of the serpent, 13 Satanic bloodlines centred in the Black Nobility of Europe headed by the British Monarchy. This is the western Illuminati. They own/control practically all major MNCs, MSM, Big Pharma, Big Agri, MIC, governments, TBTF Banks, the global central banking system, the global fiat currency system …etc.
  -
• I do not believe that the western Illuminati will give up their global monetary hegemony. This is the source of their Mammon power with it they control/rule the world. They create money out of thin air to buy up the world, foment violence, finance wars … etc. We are at the stage where the rising challenge of the BRICS nation, in particular that of Russia/China, will be met by World War. Two opposing forces (western Illuminati vs Russia/China Illuminati) will slug it out to be the top dog for the coming fake messiah. The sheeple have no idea what is going on.
  -
• The western Illuminati’s task at this moment in history, is to prepare the way for the coming of their Man of Sin, the Anti-Christ, the white horseman of Revelation 6. The endgame is the Luciferian New World Order, World Government, Global Supra-National Central Bank (very likely the IMF 2.0), One World Currency backed by gold –> ’666′! The Satanic philosophy is: Order Out of Chaos. Their path is one of bloodshed, mega deaths, violence …
  -
• This is a great interview and flesh out alot of things I have been saying. It also tells you what I have been saying is not pure speculation. Karen Hudes, however, is alot more optimistic than I am. I do not believe that the resolution of conflict between the 2 opposing sides will be peaceful. Emphasis mine:
  -
• World Bank Whistle-blower: “Precious Metals To Serve As An Underpinning For Paper Currencies”! 
  by Tekoa Da Silva, http://bullmarketthinking.com/ 
  I had the opportunity yesterday to speak with one of the western world’s most courageous and astute women, Karen Hudes, Former Senior Counsel to the World Bank—now turned whistle-blower.
  -
  It was a powerful conversation, as Karen spent 20 years with the World Bank as an attorney and economist, before being “let-go” after reporting internal fraud and corruption.
  -
  During the interview Karen indicated that the world is rapidly changing, with western power structures breaking down, economic & political influence gravitating to BRICs nations, all amid a pending currency transition which will highly favor precious metals.
  -
  Starting out by discussing the shocking centralized power she witnessed while working at the World Bank, Karen explained that, “A study done by three [Swiss] systems analysts who used mathematical modeling [shows] how the [world's] 43,000 transnational corporations were being controlled through interlocking corporate directorates. There’s a group of 147 companies, most of them are financial institutions, and what they’ve done, is through the interlocking directorates, they control 40% of the net worth of these [43k] companies, and 60% of their earnings…so that group has been using the presidency of the World Bank as kind of a puppet to dominate the world—that’s [now] finished.”
  -
  A major shock to that centralized power base, according to Karen, was the recent move by BRICs nations leaders to bypass the World Bank for their financing needs, by establishing their own development bank. “As the BRICs [nations] economic power grows,” she explained, “they’re not going to be strangled anymore through the grabbing [of] their resources…So their decision to start their own development bank was their way of letting [world] governments know…that its time to end this corruption.”
  -
  Major moves toward monetary independence are also being made by growing numbers of U.S. states, Karen added. She explained that, “The states are starting to have legislation recognizing gold and silver bullion as legal currency. This is [also] a very strong signal the states are sending to the federal government, that the time to get serious about ending the corruption in the financial system is now here.”
  -
  When asked her thoughts on what this all means for the world monetary system, Karen said, “What’s going to happen, is we’re going to have all the countries of the world, sit down and figure out what’s going to be the best, most orderly transition from the current system that we have, [which has] profound imbalance and unsustainable deficits…[this change] is going to happen as each country makes its preference known, because the system we have now is not transparent, and the biggest change [in the new system], is that there’s going to be transparency.”
  -
  That transparency may be found through a gold-backed currency system, Karen noted, as, “All of the countries of the world are going to allow precious metals to serve as currency, and this will be an underpinning for paper currency, [as] we’ll have both systems at the same time. This is my guess, as I mentioned—I am an economist.”
  -
  As a final comment speaking towards her difficult journey as a World Bank whistle-blower, Karen said, “I’ve been struggling now for years, to tell the American public what’s [been] going on. I haven’t gotten through, because this [financial] group has bought up the press and has been spreading disinformation systematically. That undermines the whole point of a democracy. How can voters vote without an informed opinion, without the information that they’re entitled too? So this strangle-hold on information is going to end in very short order.” ——
  -
  This was a powerful interview conducted with a great American patriot and honorable world citizen. Karen is setting an example for the history books, and her interview is required listening for global thinkers and market students.

end

Financial Insider “V” & Steve Quayle: The Last Hurrah! The Global Ponzi Fiat Currency Scheme is Coming to an End ! Global Collapse & Gold/Silver War!

Is THIS the Real Reason Obama’s Confronting North Korea? Pivoting Toward Asia as China Eyes ‘New Economic World Order’!

060305-N-0490C-005 Atlantic Ocean (March 05, 2006) The Nimitz-class aircraft carrier USS Dwight D. Eisenhower (CVN 69), the Arleigh Burke-class destroyers USS Mason (DDG 87), USS Ramage (DDG 61) and the Ticonderoga-class cruiser USS Anzio (CG 68) sail in formation in the Atlantic Ocean. IKE and embarked Carrier Air Wing Seven, along with ships from the Eisenhower Strike Group, are underway conducting training for a future deployment. US Navy photo by Photographer’s Mate 2nd Class Angel Contreras

• Is THIS real reason Obama’s confronting North Korea? 
  by Aaron Klein, http://www.wnd.com/ 
  Pivoting toward Asia as China eyes ‘new economic world  order’
  -
  JERUSALEM – Is the Obama administration’s military build up in the Pacific  part of the president’s so-called pivot-toward-Asia strategy, a move that could  demonstrate the biggest shift in world power since World War II?
  -
  Specifically, is Washington using the North Korean nuclear standoff as an  excuse to shift massive military might to Asia just as China and other powers  seek to create a new economic order that would rival the Western-dominated World  Bank and International Monetary Fund?
  -
  It is difficult for most seasoned observers to explain why Obama is suddenly  responding to North Korean aggression when the White House did little in 2008  when North Korea refused to allow United Nations inspectors into its nuclear  plants.
  -
  The Obama administration also took little action when North Korea in 2009  carried out at least two nuclear tests, one of which is believed to have been  the cause of a magnitude 4.7 seismic event.
  -
  The White House did not allow the U.S. military any significant response when  in 2010 North Korea torpedoed a South Korean navy ship, killing 46 sailors.  North Korea then shelled a South Korean island with little U.S. reaction.
  -
  Now, purportedly in response to aggressive action by North Korea’s new  leader, the White House is sending to Singapore a new class of warship designed  to fight in coastal waters.
  -
  The Pentagon also announced that it will deploy a missile defense system to  the U.S. Pacific territory of Guam to strengthen regional protection against a  possible attack. This after the Obama administration largely canceled a similar  defense system intended for Europe.
  -
  U.S. warplanes, including fighter jets, U-2 spy planes and an A-10 attack  jet, were seen flying in South Korea yesterday as part of a massive joint  military exercise.
  -
  The U.S. says it stands “poised to respond” at the border of North and South  Korea, where American troops are on high alert amid possible further Pentagon  build-up in the region.
  -
  U.S. military ‘rebalance’
  Why is the U.S. now responding to North Korea?
  Time  magazine says the “U.S. pivot toward Asia – and the potential for confrontation with China – became a little more real this week with the arrival  of a new class of warship designed to fight in coastal waters.”
  -
  That pivot has been declared by the Obama administration itself – a professed  strategy of putting a greater focus on the Asia region. Earlier this week, Defense Secretary Chuck Hagel “made clear the U.S. and the  Department of Defense remain committed to the rebalance towards the Asia-Pacific  region,” Pentagon spokesman George Little said after a meeting between Hagel and  Singapore Prime Minister Lee Hsien Loong.
  -
  Hagel told Loong that “in the future there will be even more opportunities  for closer collaboration between the US and Singapore,” Little said.
  -
  ‘New economic world order’
  The U.S. military shift comes as the so-called BRICS countries – Brazil,  Russia, India, China and South Africa – seek to create a monetary system to  rival and even surpass the West.
  -
  While it received little U.S. media attention, last week at its fifth annual  summit the BRICS group unveiled what it said was a new development bank aimed at  breaking the monopoly held by Western-backed institutions.
  -
  read more!

end

Banking Insider – V’s Alert: The End of All Things – It’s Not ‘Cash Flow’ But ‘Crash Flow’ !

Global economic, financial and monetary collapse super storm is coming!

• V’S ALERT -’THE END OF ALL THINGS’-IT’S NOT ‘CASH FLOW’ BUT ‘CRASH FLOW’ ! 
  by www.stevequayle.com 
  I sat in my living room watching global events unfold I felt like a movie goer watching a film that he has seen over and over again and knows the line, the plot and exactly how this ends. Better yet I felt like a passenger on the proverbial Titanic already in the life boat waiting for the Iceberg while the rest of my fellow passengers look at me with sheer curiosity and some with outright disdain. As I and a few of my cohorts scream with alarm warning to prepare for the eminent demise of that which is deemed ‘unsinkable”. The passengers begin to rearrange the deck chairs. Some frantically still trying to upgrade to first class. Others clamoring for a room with a view on a liner doomed for destruction. Still others lined up for the meal service waiting to eat unbeknownst to them their last meal. This my friends is how and many like me feel.
  -
  I warn them about the demise and collapse heading into our very lives and path. Yet many of you ask me if I should buy a home?  Some ask me what I should do with precious metals since it does not produce “cashflow”. Some ask me about 401K, Roth IRAs, stocks, bonds, commodities, etc…. All for “cashflow” What CASH!? If you are in a paper position my friend you will not have “Cashflow” You will have “CRASH-FLOW” the direction and movement of a collapsing currency as it hyper- inflates to oblivion leaving you beggared and destitute. That is the term I coined ( Now watch some head at Forbes steal my line)’Crash Flow’.
  -
  Enough of the jests. Here is what I am seriously and I mean seriously concerned about.
  -
  1) The 38th Parallel Igniting on Fire.
  For the last 60 years the Idiotic Dynasty of Morons called the Kims who have ruled North Korea have always blustered and bluffed to get their way. In exchange for rhetoric and showmanship, we give him aid. In the likes of much needed food for his brain washed starving masses who see these Ass-Clowns as gods. 
  -
  This time though it is different. This time there is something crazy about this generation of Kim. I can not shake the feeling that this is playing out to be a nightmare scenario. Here is what I mean and I hope you can see the patterns. Now follow along:
  -
  a) Back in 2009 N.Korea detonated a “Super EMP device” one capable of blacking out the entire contiguous 48 states. The  main stream media under-reported this and the “experts” written it off as no big deal. 
  b) North Korean long range missile capability is currently in reality “unknown” Even if they do not have this capability it is still a moot point as I will show later. Thanks in part to exhibit “a”.
  c) Many real “experts” the ones that you wont find on the MSM channels firmly believe that these lunatics have in fact miniaturized their warheads though they are far from MIRV capability. 
  d) Their increasing nuclear testing.
  e) The severing of the 1953 Armistice that ended the Korean War.
  f) The severing of the one “phone line” from Seoul to Pyongyang.
  g) Recommissioning of the Yongbyong Nuclear facility.
  h) Constant threats and state of readiness for war.
  i) Chinese mobilizing aircraft, ships and troops on the border.
  j) America sending in B52, B1, B2 , F22, and Agis Missle Destroyers and Cruisers.
  k) Satanic Hollywood making not 1 but 2 movies that showcase North Koreans as the enemies (Red Dawn and Olympus Fallen).
  -
  What I fear is a scenario playing out like this. America is a super power hanging by a string. You are only as strong as your economy and our economy my friends is very weak. Fragile to the point that the slightest trauma, or the slightest “Black Swan” event could trigger the end of Pax-Americana not in decade or two but overnight. We all know that the kings of the east along side with their allies have formed a counter balance to the tyrant that America has become. They are called the BRICS. It was announced last week and I warned about this. The BRICS nations(BRAZIL,RUSSIA ,INDIA,CHINA AND SOUTH AFRICA) have agreed to create a BRICS bank to counter weight the IMF and World Bank. This effectively kills the dollar. They are setting up an exchange that would allow the issuance of credit and loans with solid Gold being the reserve collateral. They are doing this and building the framework and purchasing all the thousands of metric tons of ‘GOLD’ using American T-Bills. This accomplishes two things. One it dumps their position on the toxic US dollar and two, it allows them to buy as much precious metals as possible.  The end game of this is that the BRICS understand that the dollar is about to die as the world reserve currency. That is why today over 50% of the biggest economies in the world have stopped using it, moved away from it or limited severely their reliance on it. If you do not hear the death knell ringing then you are deaf as well as dumb.
  -
  Many have said that the Chinese and Russians are going to attack us at our weakest. Many envision and invasion force. I believe that they do not have to do that at all. All they have to do is fight us by proxy via the loose cannons of North Korea. All it would take is the right setting up or firing of a large scale EMP device smuggled in or fired close to shore from a cargo ship. It was not that long ago that a Chinese sub fired a ICBM off the coast of Los Angeles catching the Pacific Fleet with their pants down. Heck they can fire it from a fishing boat. The point is “ANY” attack can bring the markets to a halt and the economy to a complete crash.  Again ANY attack or disruption.
  -
  The situation in the 38th Parallel also benefits the Chinese as dealing with the problem of the Japanese / Senkaku island problem. An engaged or EMP struck America will not be able to come to the rescue of their lackys Japan, or Taiwan for that matter. Japan is set to go belly up any way economically. The Abe reforms have failed and the Yen to Dollar index is still way too high thanks to the currency wars and a devalued dollar. It is sitting at 93 when it should be 83. Japan will try to start or get involved with any regional war in order to distract it’s populace. Except this excursion will cost them everything.
  -
  2) The Middle East.
  Need I say more? With the Asad regime change and the failed European colonization program called modern Israel (nothing to do historic/biblical Israel) crescendo into abject failures the West has to try more extreme methods. Look for the biggest welfare state in the region (Israel) to get desperate and initiate a greater regional war. This will back fire on them as their American ally will most probably have their hands full from licking their wounds from a Sino-Russo beating as well as civil unrest due to a maniacal government and a collapsed economy.
  -
  3) World:
  Eurozone will be officially collapsed as the big money was out by end of June 2012.
  The Major Bank hacks will occur.
  Bank Failures and glitches will become common place.
  Civil unrest among any and all that have it’s dealings with Western Banking systems or Models.
  Total loss of all paper backed assets and wealth.
  -
  These are but a few scenarios that are headed our way. One is a very real potential (North Korea) The other is a definite: Dollar death and total collapse of the US and western economies.
  -
  May God help you all and please stop asking me about “buying a home”.
  -
  “V”

end

BRICS Regimes Forge New World Bank, Call for Global Currency!

• Keep in mind the Illuminist philosophy, they always aim to control all sides in a conflict! Whether the western Illuminati or the Russian/Chinese Illuminati wins in the coming war, the end result will still be a Luciferian New World Order, World Government, Global Supra-National Central Bank, One World Currency backed by gold –> ’666′! Communism was/is fomented, financed, controlled by the Illuminists via Wall Street and the 13 Satanic bloodlines. Russia via the Rothschilds and China via the Rockefellers.
  -
  BRICS Regimes Forge New World Bank, Call for Global Currency! 
  by The New American – by Alex Newman 
  The governments and dictatorships ruling over the so-called BRICS countries — Brazil, Russia, India, China, and South Africa — agreed to set up a new world bank that analysts say could further marginalize the increasingly unstable U.S. dollar, possibly helping to eventually dethrone it as the global reserve currency. Meeting in Durban, South Africa, last week at their fifth annual summit, the socialist and communist-minded BRICS regimes also announced their support for creating a new world currency and full-fledged global governance.  
  -
  Other top priorities outlined in the final agreement, dubbed the “eThekwini Declaration,” include promoting global so-called “sustainable development,” which according to the United Nations entails a radical restructuring of human civilization. Also key on the list of BRICS rulers’ demands: further centralization of power in the hands of the UN, more government meddling in the economy, ramped up attacks on national sovereignty, increased power for Third World dictators on the global stage, and much more.
  -
  In February, the premier alliance of socialist political parties, known as the Socialist International, gathered in Portugal for its “Council meeting.” Following the recent Congress held in South Africa amid reports that the ruling communist-oriented regime is involved in genocide, the SI meeting adopted a declaration calling for “a new internationalism, proposing the creation of a new global set of agreements, the restructuring of the WTO to recycle trading profits from severe wage differentials toward authentic global income security, and a new IMF and global currency regime built on the multilateral synthetic ‘bancor’ system conceived by Keynes himself.”
  -
  As The New American has been reporting for years, the push for a planetary fiat currency is gaining traction as the privately owned Federal Reserve continues to destroy the dollar. Unsurprisingly, the BRICS regimes agreed with the Socialist International and other powerful forces seeking to build a global central bank with a new world currency. In the final BRICS Durban declaration, signed by all five rulers on March 27, the totalitarian-minded alliance openly called for expanding the role of the International Monetary Fund’s proto-global currency known as Special Drawing Rights.
  -
  “We support the reform and improvement of the international monetary system, with a broad based international reserve currency system providing stability and certainty,” the five regimes said in the declaration, calling for Third World dictators to have a greater say in the IMF and the emerging global monetary regime. “We welcome the discussion about the role of the [IMF’s] SDR in the existing international monetary system including the composition of SDR’s basket of currencies.”
  -
  read more!

Click on image to goto the free pdf E-book !

Click on image to goto online book!

end

Mike Billington: Korean Crisis to Cause Global Thermonuclear War!

“We are in a global situation which is very very close to war! War between United States and Russia and United States and China! … It could very rapidly be not only a war in the Korean peninsula but a war on a global scale. A global thermonuclear war which has to be seen in the context of the greatest financial collapse now spreading across Europe and the United States! Which is what’s driving this push for war!”
-
“The Obama administration is functioning as an asset of the City of London and Wall Street! Who are desperate! They’re panicked. The Cyprus situation … shows the level of panic in the western financial oligarchy! … They’re pushing for wars on a scale which has to be understood as the threat to the Russia, China allies, axis … It’s going for preventing the emergence of the Russia, China, India alliance which is the only combination of nations in the world which could offer an alternative to the totally bankrupt western financial system which is now committing acts of outright genocide … to prevent any alliance of those forces against them! They are willing to provoke regional wars which if the Russia, China, India axis does not back down. They’re willing to go to thermonuclear confrontation … “ - Mike Billington

• Korean crisis to cause global thermonuclear war: US expert! 
  by http://www.presstv.ir/
  An American expert has warned of a global thermonuclear war due to the ongoing brinkmanship between the two Koreas, Press TV reports.
  -
  Mike Billington said North Korea’s “extreme rhetoric” and South Korea’s “tit-for-tat response” are likely to trigger a “global thermonuclear war which has to be seen in the context of the greatest global financial collapse now spreading across Europe and the United States.”
  -
  “If the North were to carry out another provocation as they have in the past by shelling an Island or something on that scale South Korea is totally capable and ready to respond with a fierce military response,” he told Press TV. On Wednesday, South Korea said it has contingency military plans to employ in case North Korea threatens the safety of South Korean citizens working in a joint industrial zone.
  -
  “We have prepared a contingency plan, including possible military action, in case of a serious situation,” South Korean Defense Minister Kim Kwan-jin said.
  -
  On April 1, South Korean President Park Guen-hye warned North Korea that any provocation would be met with a “strong response” after Pyongyang said it was in a “state of war” with the South. Pyongyang warned that any provocation by Seoul and Washington would trigger an “all-out nuclear war.”
  -
  “We’re in a global situation which is very very close to war,” Billington warned. Seoul and Washington launched a week-long annual joint military maneuver near the Korean Peninsula despite warnings from Pyongyang On March 11. The maneuver involved 10,000 South Korean soldiers and about 3,000 US troops.
  -
  North Korea responded on March 26 by saying that its military should be prepared to attack “all US military bases in the Asia-Pacific region, including the US mainland, Hawaii, and Guam” and South Korea.
  -
  Four days later, Pyongyang announced that it is in a “state of war” with South Korea, warning that any provocation by Seoul and Washington could trigger an all-out nuclear war.
  -
  On March 31, the US sent a guided-missile destroyer to the southwestern coast of the Korean Peninsula to ‘defend against a possible North Korean rocket launch.’

end

BRICS Dumping Euro Amid Simmering EU Banking Crisis!

• BRICS dumping euro amid simmering EU banking crisis! 
  by Robert Bridge, RT, http://rt.com/ 
  Brussels has been forced to eat a generous slice of humble pie: A massive sell-off of the euro is underway in the wake of a persistent financial crisis, as holdings in the European currency by emerging economies were slashed by almost 8 percent last year.
  -
  Emerging economies – including Brazil, Russia, India, China and South Africa (BRICS) – are dumping the euro, having sold €45 billion of the currency in 2012, according to data gathered by the International Monetary Fund.
  -
  The euro represents just 24 percent of their reserves, the lowest level since 2002 – the year when euro coins and banknotes first entered circulation – and down from a peak of 31 percent in 2009. At the same time, the euro’s share of total global reserves has also fallen. This change of fortune for the euro is blamed on several factors, including sovereign debt crises and rapid growth by BRICS nations.
  -
  Last week, China and Brazil agreed to a $30-billion swap deal that would give each the ability to borrow the other’s currency in the event of future turbulence in the global financial system. The move undercuts the need to use the dollar as a reserve currency; given China’s increasing economic might, Beijing appears to be steadily promoting its national currency, the renminbi.
  -
  The US dollar, which has been designated the world’s reserve currency since the Bretton Woods agreement in 1944, continues to hold ground at about 60 percent of emerging markets’ reserves.
  -
  This ‘euro flight’ is disturbing news for Brussels and the eurozone: The euro’s challenge to the international status of the US dollar has been “set back a generation,” as new data show developing countries dumping the European currency from their official reserves, FT reported, citing IMF data.
  -
  This retreat of the European currency, once heralded as a serious rival to the ubiquitous dollar, offers a shocking glimpse at the severity of Europe’s sovereign debt crisis, which recently saw Cyprus take the unprecedented step of penalizing wealthy bank depositors in order to avoid bankruptcy.
  -
  “It’ll be the number-two international currency, but I wouldn’t say there are any prospects of it challenging the dollar,” Jeffrey Frankel, professor of economics at Harvard’s Kennedy School of Government told FT.
  -
  read more!

end

Jim Willie: Cyprus is the Flash Point that will Result in Massive Shift into Gold & Silver!

• Jim Willie: Cyprus is the Flash Point that will Result in Massive Shift into Gold & Silver! 
  by http://silverdoctors.com/ 
  The Golden Jackass Jim Willie has finally given his long anticipated first public thoughts on Cyprus.
  -
  Willie states that Cyprus is the long awaited FLASH POINT the metals community has been anticipating, and it will in time invoke a great awakening as to the reality of today’s Western financial system by the public, and will result in a massive shift into physical gold and silver.
  -
  Willie states that Cyprus was Russia’s back door banking gateway into the Western financial system, and that the true numbers of Russian wealth hidden in the Cypriot banking system is not $20 billion as is being reported by the Western press, but $trillions!
  -
  The Golden Jackass states that mind-numbing hundreds of $billions have been fleeing Cyprus for Dubai, Hong Kong, and Singapore over the past 9 months, and that the depositor outflows will devolve into contagion and full-scale bank-runs throughout Italy, Spain, Portugal, Ireland, & Greece. The tipping point is coming, and those who don’t remove their funds proactively will be slaughtered!

end

GoldCore Insight – Currency Wars: Bye Bye Petrodollar – Buy, Buy Gold !

• GoldCore Insight – Currency Wars: Bye Bye Petrodollar – Buy, Buy Gold! 
  by http://www.goldcore.com/ 
  Currency wars are probably one of the greatest risks posed to the wealth of nations today.
  -
  In September 2010, Guido Mantega, Brazil’s finance minister, warned that an “international currency war” had broken out, as governments around the globe peg their currencies and devalue their currencies against each other. His comments were echoed by senior Russian and Chinese officials.
  -
  The G20 said last week that there would be no currency wars and some central bankers such as the ECB’s Mario Draghi have recently dismissed talk of “currency wars” as excessive.
  -
  Sir Humphrey, the wily civil servant in ‘Yes Prime Minister’, always stressed how important it was “to never believe anything until it is officially denied.”
  -
  Competitive currency devaluations are in effect a continuation of currency debasement. Debasement is simply the devaluing of one’s currency or money. In ancient and medieval history it used to be done through the clipping of gold and silver coins.
  -
  Today it is done through excessive money creation through the printing of, and indeed the electronic creations of billions and billions of dollars, pounds, euros and other fiat currencies. Indeed, today central bankers are creating billions and billions of electronic money simply by pressing a few buttons on a computer.
  -
  Currency wars are set to deepen as most industrial nations in the western world are close to insolvent and look on the verge of recessions – potentially deep ones.
  -
  The fiscal situation of the U.S., the largest economy in the world, is appalling with the national debt having increased from $5.7 trillion in 2000 to over $16.5 trillion today. Besides the U.S. national debt of over $16.5 trillion, the U.S. has off balance sheet debt or unfunded liabilities of between $70 trillion and $100 trillion.
  -
  The U.S. will never be able to pay these debts back and so it will attempt to inflate them away through currency devaluation. This poses risks to the global reserve currency status of the dollar – especially as the world moves to a multi polar world where India, Russia, Brazil and China exert their increasing economic and political power.

end

China Daily: “The World May Have To Endure A Currency Flood” ie. Hyperinflation!

• If creating massive amounts of money out of thin air ie. QE is the solution to the world’s problems, I will be the first to jump on board ! Heck, why not print/create US$1 million for each man, woman, child and their dog. Abolish all taxes. If you need money for a new school building just print it! QE, money printing cannot and will not create economic growth. The idea that it does is NONSENSE ! Japan has embarked on QE10! Why didn’t the last 9 QE worked? It is currency debasement, currency wars ….. hyperinflation! Got physical gold/silver yet?
  -
  China Daily: “The World May Have To Endure A Currency Flood”! 
  by http://larouchepac.com/ 
  The Government-run China Daily, in an unsigned editorial, Monday, on “Monetary easing,” says that, given results of the just concluded G20 conference, “the world may have to endure a currency flood as the developed countries resort to currency printing to float their economies…”
  -
  “Following the US’ quantitative easing steps last year, Japan started to pursue an ‘open-ended’ policy of monetary easing this year… The market is now waiting to see whether the euro will follow suit.”
  -
  Regardless of whether such “easing” can bring even a temporary recovery, China Daily warns that this policy in the US, Japan, and likely Europe, “is set to bring shocks to the developing and emerging market economies.”
  -
  It is the responsibility of the non-developed countries to defend themselves, rather than expect a change of policy, the editorial says. “It is high time the developing and emerging market economies coordinated to figure out solutions and lessen the potential shocks brought by changing external monetary conditions.
  -
  “At the same time, the self-centered developed economies must be aware that they, too, will suffer once the emerging economies stumble.”
  -
  Thailand, a smaller South East Asian country that has made significant progress in industrialization, development, and the raising of living standard, but still confronts a multitude of difficulties, expresses itself similarly in an editorial in its English language The Nation paper.
  -
  “Top leaders of Russia, South Korea, Germany, Brazil, and China have all expressed their concern over the currency moves, which drive up the value of their currencies and undermine the competitiveness of their exports. If they decide to enter the game — like Veneuzuela, which has devalued its currency by 32 per cent — the world would be plunged into competitive devaluations. At the end of the day, competitive devaluations would lead to run-away inflation or hyperinflation. Nobody will win with these currency wars.”

We will all be trillionaires but can’t afford breakfast !

Source: http://www.jsmineset.com

Feel free to wipe your ass with it!

end

Jim Willie: Fever Pitched Currency War & USDollar Rejection in 2013!

• Jim Willie: Fever Pitched Currency War & USDollar Rejection in 2013! 
  by Jim Willie, http://www.goldenjackass.com/, via http://www.silverdoctors.com/ 
  - The Competing Currency War threatens to disrupt international relations
  - The year 2013 will be the year when the USDollar is isolated and set up for rejection
  - A return to the Gold Standard is in the works.  The key to the solution is a USDollar alternative, actually trade settlement outside the USD
  - A Gold Trade Note is coming, the basis of Eastern trade, serving as a Letter of Credit
  - THE CURRENCY WAR HAS REACHED A HIGH FEVER PITCH
  Watch for a G-20 Meeting flash point, especially if the US & UK boycott the conference in Moscow beware the requiem for the US nation.
  -
  Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, “It is the constant drop in the dollar’s usage as a contract mechanism internationally. No one sees this but it is the Hammer of Thor on the head of the dollar.” The rejection of the USDollar in global trade will mean the end of the abused privilege in a currency turned toxic. Its rejection is the marquee event in the financial world for 2013, following isolation. It is unstoppable and all-encompassing, certain to have geopolitical consequences, as it alters the economic and financial landscape in harsh ways much like a band of violent marauders brandishing machetes alter the neckline of their victims. See the Tonton Macoute in Haiti. The greenback is cornered; it is done! 
  -
  The central bankers and sovereign wealth fund managers are running scared. The Official Monetary & Financial Institutions Forum (OMFIF) is a forum of central banks, sovereign funds, financial policy makers, and market participants. It recently issued a report on the global monetary system, emphasizing the possibility of a major breakdown in international monetary relations as a result of the currency wars, which hinder productivity. It accepts that the present system is collapsing. It argues a formal role for gold is required to play in international finance. But they turn to the despised corrupt savage callous Intl Monetary Fund, and its broken currency vehicle, the discredited discarded SDR basket. They will be swept aside despite eyes partly open.
  -
  The opponents to financial hegemony have spent the last four years in planning a new order that can viably sustain the global trade system without a USDollar at its central role. On one side, foreign nations must avoid the toxic effect of the asset bubble USTreasury Bond as the core to their banking systems. On the other side, foreign nations must react to the accelerating threat to their national economies from both a uniform cost inflation effect and a rising currency effect that punishes strength, success, and prudence. The Competing Currency War has reached a new elevated fever pitch, with the major central banks delivering powerful damage to each other while defending themselves. The unintended consequences have been a predictable unfolding of events to the sound money gold crowd, with years of warning and even a label given to the conflict. It comes as an unwelcome surprise to the mainstream sheeple crowd, still entangled in the paper wealth corner. The process continues, the pathogenesis relentless as paper securities erode in value. The world is slowly coming to the realization that only a Gold Standard can cure the world of its financial cancer from metastasized paper insecurities. The contact of Silver will cleanse the hand that has held paper since 1971, when the era of modern chronic unsolvable financial crisis was born. That is, unsolvable without a primary role for Gold itself, the despised stable metal. Gold is the ultimate currency.
  -
  read more!

end

Watch the Dollar: It Could Trigger the Next Crisis!

• I do not believe in the premise of this article! The US economy is not recovering. QE will not end because the real intention is for the FedRes to help its shareholders ie. the global Illuminist banks! It will lead to hyper-inflation and eventually the FedRes will have to raise interest rates. Yes the dollar will collapse! The Illuminists are not ready to pull the plug on the dollar at the moment. However, other countries, the BRICS, Asian Tigers … may decide they have had enough for this BS Monopoly money!
  -
  Watch the Dollar: It Could Trigger the Next Crisis! 
  by Ansuya Harjani, http://www.cnbc.com/ 
  Expectations of an end to ultra-easy U.S. monetary policy are likely to set in during the second-half of 2013, triggering a bull run in the dollar that could last for five years, says independent economist Andy Xie. And this, he argues, could lead to a “crisis” in emerging markets as hot money inflows unwind.
  -
  The U.S. economy has begun to show signs of life again – with factory activity touching a nine-month high in January – prompting talks about an end to the Federal Reserve’s quantitative easing program.
  -
  Xie forecasts the dollar index – which measures the performance of the greenback against a basket of currencies – will rise to 100 in the next three years, a 25 percent rise from current levels around 80 on relative strength in the world’s largest economy.
  -
  “The dollar bull market tends to trigger crises in emerging economies.  This time is likely to be the same,” the former Morgan Stanley economist said, citing the Latin American debt crisis in the 1980s and the Asian Financial Crisis in 1997, during which a rise in the U.S. dollar against local currencies led to a spike in interest payments on external debt.
  -
  “During the last ten year’s dollar bear market, massive amount of hot money flowed into emerging economies, causing currency appreciation, asset bubbles.(But) when the dollar turns the direction, so does the liquidity. The virtuous cycle on the way up becomes a vicious one on the way down,” he added.
  -
  (Read More: Flee ‘Safe’ Sovereign Debt, Says Hasenstab)
  -
  In the dollar bear market of the past decade, the BRIC (Brazil, Russia, India, China) countries have been the “darlings” of international speculative capital, making the them most vulnerable, according to the well-known economist. He did not provide targets for the BRIC currencies.
  -
  He said Brazil and India are most at risk among the BRIC countries because their capital markets are most open to foreign investment.
  -
  read more!

end

Countdown to the Collapse?!

• Countdown to the Collapse?! 
  by John Butler,  http://www.financialsense.com/ 
  On multiple fronts there appears to have been a resumption of hostilities in the global currency wars. A subtle indication of this is the recently released report, Gold, the Renminbi and the Multi-Currency Reserve System, which I believe is highly significant for two reasons: First, it demonstrates that major global actors are now keenly aware and frightened of the possibility of a major breakdown in international monetary relations. Second, it suggests that these same actors are trying to contain the growing demand for gold as an alternative reserve asset and pre-empt an uncontrolled gold remonetization. These efforts will fail. A collapse of the current, unstable global monetary equilibrium is inevitable. Recent events indicate that the countdown has begun.
  -
  Breaking the Cease-Fire
  Curiously, in the second half of 2011 and through most of 2012, notwithstanding the escalating euro-crisis, US ratings downgrade, Japan’s protracted nuclear disaster and sharply divergent global growth rates, there was surprisingly little volatility in foreign exchange markets. EUR/USD traded mostly in the historically narrow range of 1.40-1.25. USD/JPY was in a range of from 76-82. The Chinese renminbi held between 6.4 and 6.2. GBP/USD moved within 1.54-162. The Swiss franc was also steady at around 1.20 versus the euro, although this was the result of an explicit Swiss policy of capping the franc at that level.
  -
  In retrospect, it appears that this period was characterised by a general ‘cease-fire’ in the global currency wars ignited by the global financial crisis of 2008.[1] Rather than attempt directly to devalue currencies to stimulate exports at trading partners’ expense, the focus during this period was primarily on measures to support domestic demand.
  -
  There has now been a resumption of hostilities. The first shots were fired by the Japanese, where national elections were held in December. The victorious LDP party campaigned on a platform that, if elected, they would increase the powers of the Ministry of Finance to force the Bank of Japan into more aggressive monetary easing. The LDP also has voiced support for either a higher BoJ inflation target or a nominal GDP growth target.
  -
  read more!

end

V’s ALERT: All Over Asia Gold and Silver are Being Bought Up at a Ravenous Rate!

Liberty Gold Coin

• V’s ALERT JUST IN 10:00 PM All over asia gold and silver is being bought up at a ravenous rate! 
  by http://www.stevequayle.com/ 
  Steve, here is the latest rundown from the asian markets. The markets are responding very positively to the moves that the japanese have done. Everyone now understands that it is a race to the bottom. All over asia gold and silver is being bought up at a ravenous rate. India in spite of raising tariffs on gold imports have not in any reality stopped or slowed down their gold purchases one bit.  Indonesia is going long on gold as they face a currency crises of their own and must devalue. Singapore and Vietnam is purchasing gold and silver at a rate that is staggering as well. The asian tigers all understand that it is now an official currency war and what japan has done has caused a regional conflagration that will cause further buying of gold, silver and other precious metals. India is facing a curreny crisis and is debasing now as well.
  -
  Steve when the smoke settles the BRICS will be left holding the cards particularly the Chinese. Japan has caused massive regional instability that will lead from a trade war to a all out shooting war. Look for platinum, palladium and rhodium to go strong very soon as gold and silver is begining to dry up in asia.  Gold and Silver markets closed on a down note on Friday, look for further supression as again supply and demand is overlooked and unaccounted for. Asian economies are looking at what the Fed and US markets will do, the signal that they will get is the  confirmation of dollar devaluation a currency kill has started, the dollar is set to die and the first shot was fired by Japan. A financial pearl harbor but this time it was the US central bankers that forced the hand, that in all reality made the first move. This week will be interesting.

end