Socio-Economics History Blog

Socio-Economics & History Commentary

China Is About To Unleash A New Global Monetary System

  • China Is About To Unleash A New Global Monetary System
    by http://www.kingworldnews.com
    In case anyone was wondering what the Chinese government is thinking, they are about to unleash a new global monetary system.

    The Greatest Bull Market In Gold
    Stephen Leeb:  “If you’re a gold investor fretting at the metal’s seeming drowsiness, don’t worry. A lot has been happening lately that brings us closer to the launch of a great bull market in gold that will be unmatched in its sweep and longevity. The biggest mistake you can make now would be to get shaken out of your gold (and silver) positions if gold continues to tread water or possibly even dips below $1,200. The second-biggest mistake would be to not take advantage of near-term weakness to add to your holdings…


    read more.

end

May 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

China’s Belt & Road Will Push The Petrodollar To It’s Doom

  • Published on May 15, 2017
    Empire fed plunges into contraction and as the economy declines. Business investment continues to decline. Trump’s trade rep get sworn in which will allow the NAFTA negotiations to begin. Citis surprise index has plummeted and Morgan Stanley’s indicators are imploded signalling a major problem headed our way. Paul Krugman warns that Trump will collapse the economy. Russia, China and other nations join to discuss the belt and road initiative. The trade system will be free trade it will destroy the petrodollar.

end

May 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

Is JPMorgan Preparing to REVALUE SILVER? | Jim Willie

  • Published on May 14, 2017
    Jim Willie says the petrodollar is history…
    In this interview, Jim Willie answers the following viewers’ questions about the COMEX, JPMorgan, Puerto Rico’s bankruptcy, and the petrodollar!

    – psionin, “Jim Willie mentioned a few times that buying a large amount of gold necessitates the paying of high premiums over spot price, with the final price being over 2K USD per ounce. What prevents one in such a position from placing the order on the COMEX or LBMA and taking delivery?”

    – larryik1211, “When Major banks start to Default do you see JP MORGAN push to re-value Silver upwards to use their SILVER stockpile as leverage to buy up and consolidate all the other bankrupt entities?”

    – Mikey Riley, “In regard to COMEX activities, why would the ‘small specs’ continue to be washed and rinsed by the large commercials? Don’t they ever learn? How do those hedge funds stay in business? I thought the COMEX would be deemed irrelevant by now due to the obvious rigging.”

    – Cole Wheeler, “What does the bankruptcy of Puerto Rico mean for the rest of USA inc.?”

    – Craig Butterfield, “Will the collapse of the petrodollar, abolish the federal reserve and their suppression of metal prices?”

end

May 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Will Gold Save The Day?

  • Published on May 11, 2017
    Will gold save the day and prevent growing geopolitical tensions from spinning out of control?


    Also, what’s the future of the European Union? Centrist Emmanuel Macron won the French presidential election, defeating far-right anti-EU candidate Marine Le Pen. Some were saying if Le Pen would have won, that could spell the end of the EU. Jim Willie says now that Macron has won, the EU may be safe…for a few months. In addition, Jim Willie answers the following viewers’ questions

    – psionin, “Jim Willie mentioned a few times that buying a large amount of gold necessitates the paying of high premiums over spot price, with the final price being over 2K USD per ounce. What prevents one in such a position from placing the order on the COMEX or LBMA and taking delivery?”

    – larryik1211, “When Major banks start to Default do you see JP MORGAN push to re-value Silver upwards to use their SILVER stockpile as leverage to buy up and consolidate all the other bankrupt entities?”

    – Mikey Riley, “In regard to COMEX activities, why would the ‘small specs’ continue to be washed and rinsed by the large commercials? Don’t they ever learn? How do those hedge funds stay in business? I thought the COMEX would be deemed irrelevant by now due to the obvious rigging.”

    – Cole Wheeler, “What does the bankruptcy of Puerto Rico mean for the rest of USA inc.?”

    – Craig Butterfield, “Will the collapse of the petro dollar, abolish the federal reserve and their suppression of metal prices?”

end

May 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Will China and Russia Take Down the US Petrodollar?

  • Jim Willie: Will China and Russia Take Down the US Petrodollar?
    by http://www.trunews.com/
    Will China and Russia take-down the U.S. Petrodollar with a gold-backed digital currency? Today on TRUNEWS, Rick Wiles speaks with financial analyst Jim Willie regarding the seemingly inevitable transition from an American dominated financial order to a system controlled by the East. Jim also shares his theory that Prince Philip’s retirement is actually a smokescreen for the secret death of Queen Elizabeth, and that her passage will lead to the exposure of the Satanic global pedophile ring. 

end

May 9, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Petrodollar Faces Growing Threat From the East. Payments in Gold Across Asia

  • Petrodollar Faces Growing Threat From the East. Payments in Gold Across Asia
    by Andrew BrennanAsia Times, via http://www.globalresearch.ca/
    While the recent raft of Sino-Saudi trade agreements benefited Chinese soft power in protecting Xinjiang, and the Saudis by diversifying their economy, China’s slow intertwining with Saudi Arabia complements the Sino-Russian alliance. Primarily, its benefits could lead to a realistic threat to the petrodollar.

    The Persian rival who showed the way
    In 2012/2013, the US Treasury Department, under the Obama administration, initiated a raft of sanctions in an amateurish fashion against the Central Bank of Iran. As we were told, it was done to tire and bleed Iranian economic and social life enough to draw Tehran into negotiations concerning its nuclear programme. The argument of were they/weren’t they pursuing a weaponized nuclear program isn’t important; how the Iranians circumvented these sanctions is.


    The sanctions were meant to be stifling, but the Iranians loosened this problematic liquidity noose by using all their banks that weren’t sanctioned, and sold rich Iranian oil to India. Of course, the Indians couldn’t pay Tehran directly. Neither could they pay bilaterally in rupees due to sanctions and infrastructure needed to trade in a bilateral currency. Instead, Iran requested that India pay in gold so India paid Turkey, the Middle East’s gold market, and Turkey gave Turkish gold to Iranian banks, which then swapped with the Central Bank of Iran.

    Turkey, for its part, may soon be the gold payment intermediator across Asia, and is already nationalizing the sector with a demand for private confiscation occurring to support the Turkish economy, but this has scarcely been reported.

    This clever evasion was known as the Iran-India-Turkey triangle. Iran was escaping the dominance of the US dollar and trading in real money, not a hegemonic fiat currency that was being printed hot-off-the-press all day. They were dealing in gold; not something that could be strangled through SWIFT and electrons traded on a screen easily. A simple intermediator and precious metals could break Obama’s heralded “crippling” sanctions.

    Iran ideologically, as well as practically, wants nothing to do with the US dollar but rather it wants to be free of monetary pressures by the US on its domestic policies. The effectiveness of this evasion was a preview to what countries like China, Russia, and to a lesser extent India and South Korea, have all been trying to do: increase their independence from the US dollar. The Iranian gold triangle showed successful independence from US dollar reliance.

    read more.

end

May 2, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

WW III Is Here: Syria’s Reichstag Moment — The Neocons Have Won

WW3 is near?

  • WW III Is Here: Syria’s Reichstag Moment — The Neocons Have Won
    by Dave Hodges, http://www.thecommonsenseshow.com/
    Things are unfolding faster than they can be covered.   With the US taking offensive action in Syria, the world has moved very close to war. 
    ….
    Syria’s Reichstag Moment
    All historians are familiar with how Hitler was able to seize and consolidate power within the German Reichstag. He simply had his henchmen burn the German legislative building to the ground and then blame the Communists, one of the Nazi’s chief rivals. Subsequently, Hitler assumed total dictatorial power, as a pretense to protect the German people, and he was able to eliminate the Communists and the rest, as they say, was history.

    Obama (I mean Trump) Is Under Immense Pressure
    Obama (Trump) is under enormous pressure, from the Banksters to take out the Iranian regime The need to take down Iran is necessitated because the Petrodollar is in real trouble because of Iran’s insistence on selling oil to India, China and Russia in exchange for gold.

    Gold is a four letter word to the Banksters. The Banksters must maintain their fiat currency schemes. Subsequently, the Banksters must dominate the purchase of oil and the distribution of gold for three reasons:

    (1) The Banksters thrive on fiat currency which is backed by virtually nothing and this is coupled with fractional reserve practices in order to acquire real material wealth based on their creation of worthless paper and the introduction of gold threatens this Ponzi scheme;

    (2) Since Bretton Woods, the world has been forced by the Banksters to play in their Ponzi scheme game by first purchasing Federal Reserve dollars which is in turn used to purchase oil. Saddam Hussein failed to play by the Petrodollar rules by selling oil for Euros and paid for his disobedience with his life; and,

    (3) Once the Banksters collapse the currencies of the world, they want to be the ones controlling gold, the only remaining currency, in a post economic Armageddon.

    Why did I note Obama (I mean Trump)? Because I wrote these same words three years ago and four years ago. Obama previously accused Assad of launching chemical attack on his people then. Obama was organizing to invade. First it was Syria and then it was  Syria and then it was to be Iran. Why? Because Iran was fueling the run away from the Petrodollar to gold-based currencies.  This means war to the bankers. And war is what we are going to get?

    Mr. President, what happened to your pledge to bring our troops home? What happened in Syria is a false flag attack and anyone with an IQ above room temperature knows this.

    It is interesting to note the media attacks on Trump have relaxed over thte past 2-3 days! This is no coincidence.  And even if the attack was not a false flag, which it is, is this ALLEGED attack by Syria worth a confrontation with the Russians becaue they are entrenched in their support of Assad. Why wouldn’t Trump approach Putin and have a dialogue prior to the massive missile attack? Wouldn’t this be consistent to what he pledged to do during the campaign?

    The Planning for This False Flag Attack Has Been Planned Well in Advance of the Attack
    There are two developments that speak to prior planning for matial law and World War III, with both Russia and China prior to this false flag.

    read more.

end

April 10, 2017 Posted by | Economics, GeoPolitics, History | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

JUDGMENT DAY: Russia & China Bypass the Dollar With GOLD

  • Published on Apr 7, 2017
    NOTE: This interview was recorded in the hours BEFORE Trump bombed Syria, or it would have been discussed. In this conversation with Andy Hoffman we discuss the Russia and China’s rapid move away from the Dollar and toward gold. It will soon be judgment day for the Petro-dollar.

end

April 8, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

ISIS Used US Missile Strike to Launch New Offensive Near Palmyra – Homs Governor

  • Published on Apr 7, 2017
    Taking advantage of the US missile strike on a Syrian airbase, Islamic State forces launched a major offensive to gain control of strategic oil areas near Palmyra, but failed, a local governor told RT.
https://www.wsws.org/en/articles/2014/07/30/isis-j30.html

Click on image for article.

end

April 8, 2017 Posted by | GeoPolitics | , , , , , , , , , , | Leave a comment

Massive Stock Correction to Send Metals Surging & Elites to Lose – Steve St. Angelo

  • Published on Apr 4, 2017
    Fan favorite guest with some of the best energy & metals expertise we know is back. If you want the best raw statistics and analysis be sure to check his site. Steve’s on today to refute a few things our latest viral silver interview with Charles Savoie brought up including potential government metals nationalization. He also continues to hammer the fact that energy returned on investment (ROI) is collapsing fast, a point that Chris Martenson of Peak Prosperity has been championing as well; according to Steve we’re in for a wild ride! TOPICS IN THIS INTERVIEW:

    01:10 Gold, Silver to Surge if/when manipulation ends?
    02:50 Is there Risk for Silver Nationalization?
    04:20 In 1930’s Gold to Silver Ratio 4 to 1
    07:00 Gov more Likely to Grab Institutional Silver
    12:50 American standard of living collapse conspiracy
    17:10 Does Technology offset some energy ROI drop?
    19:20 Shale oil = way more energy investment vs conventional
    21:50 Food energy returned on investment dropping as well
    24:50 World’s largest oil companies debt is exploding
    27:20 Elite to lose control & wealth as economy blows up
    29:05 Secrets to why Nixon depegged dollar from gold
    32:40 Oil a big reason behind 1970’s gold price rally
    36:00 US Retirement trouble: Pensions & 401k’s withdrawls up

end

April 5, 2017 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

While American’s Were Sleeping The Surveillance State Is Almost Complete

  • Published on Mar 29, 2017
    Obama defense deputy admits that the administration was spying. Judge Napilatano returns to tv and said he is not going to back away from this statement. States are going to fight Session with removing sanctuary money. Congress wants to allow corporations to sell our private information on the internet. The surveillance state is almost complete. US will not attend the nuclear meeting. North Korea ready to explode another alleged nuclear weapon. Russia & Iran will work together on an oil deal. Yatsenyuk is wanted by Russia, an arrest warrant has been issued. Syria threatens to fire SCUD missiles if Israel attacks.

end

March 30, 2017 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , | Leave a comment

Will Washington Risk WW3 to Block an Emerging EU-Russia Superstate

  • Will Washington Risk WW3 to Block an Emerging EU-Russia Superstate
    by Mike Whitney, http://www.marketoracle.co.uk/
    The relentless demonization of Vladimir Putin is just one part of Washington’s multi-pronged strategy to roll-back Russian power in Central Asia and extinguish Putin’s dream of a “Greater Europe”. Along with the attempt to smear the Russian president as a “KGB thug” and “dictator”, the media has also alleged that Moscow intervened in the US presidential elections and that Russia is a serial aggressor that poses a growing threat to European and US national security. The media onslaught, which has greatly intensified since the election of Donald Trump in November 2016, has been accompanied by harsh economic sanctions, asymmetrical attacks on Russia’s markets and currency, the arming and training of Russian adversaries in Ukraine and Syria, the calculated suppression of oil prices, and a heavy-handed effort to sabotage Russia’s business relations in Europe.  In short, Washington is doing everything in its power to prevent Russia and Europe from merging into the world’s biggest free trade zone that will be the center of global growth and prosperity for the next century.

    This is why the US State Department joined with the CIA to topple the elected government of Ukraine in 2014. Washington hoped that by annexing a vital landbridge between the EU and Asia, US powerbrokers could control critical pipeline corridors that are drawing the two continents closer together into an alliance that will exclude the United States. The prospect of Russia meeting more of the EU’s growing energy needs, while China’s high-speed railway system delivers more low-cost manufactured goods, suggests that the world’s center of economic gravity is shifting fast increasing the probability that the US will continue on its path of irreversible decline. And when the US dollar is inevitably jettisoned as the primary means of exchange between trade partners in the emerging Asia-EU free trade zone, then the recycling of wealth into US debt will drop off precipitously sending US markets plunging while the economy slips into a deep slump. Preventing Putin from “creating a harmonious community of economies from Lisbon to Vladivostok” is no minor hurtle for the United States.  It’s a matter of life and death.

    Remember the Wolfowitz Doctrine:
    “Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power.”

    read more.

end

March 27, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘Genocide’ In Yemen As Saudi Arabia, U.S. Grab 63% Of Oil Supply

  • When did Yemen attack America? Or threatened American interests? Yemen did not attack America nor threatened American interests. So, why is America at war with Yemen? It is about OIL.
  • ‘Genocide’ In Yemen As Saudi Arabia, U.S. Grab 63% Of Oil Supply
    by Baxter Dmitry, http://yournewswire.com/
    Saudi Arabia and the United States are carrying out a “genocide” while the world turns a blind eye, unaware that Yemen is being invaded for its vast oil reserves.

    Observers have been puzzled why oil-rich Saudi Arabia, backed by their allies the United States, have set their sights on impoverished Yemen – however all is not as it seems in the region. Saudi Arabian oil is drying up, and scientific research by international drilling companies show that Yemen’s unexploited oil reserves are greater than the combined reserves of all the oil-rich Gulf states.


    Yemen, the poor man of the region, has emerged as a prize, and the ruthless Saudis are experiencing no guilt about slaughtering Yemeni civilians to ensure the virgin oil begins flowing through their pipelines.

    63% of Yemen’s crude production is being stolen by Saudi Arabia,” Mohammad Abdolrahman Sharafeddin told FNA on Tuesday, explaining that Saudi-US military action is already paying dividends for the invaders.

    Saudi Arabia has set up an oil base in collaboration with the French Total company in the Southern parts of Kharkhir region near the Saudi border province of Najran and is exploiting oil from the wells in the region,” he added.

    But it gets worse for the Yemeni people, caught in a trap due to the fact they have billions of barrels of crude flowing deep under the houses where their children sleep.

    read more.
http://www.globalresearch.ca/vietnam-war-and-yemen-false-flags-the-gulf-of-tonkin-incident-vs-the-alleged-missile-attack-on-uss-mason-off-the-coast-of-yemen/5552257

Click on image for article.

http://news.antiwar.com/2016/10/16/us-again-attacks-yemen-coast-despite-growing-doubts-over-missiles/

Click on image for article.

https://sputniknews.com/military/201610181046433259-yemen-radar-glitch/

Click on image for article.

http://www.infowars.com/pentagon-paid-pr-firm-540mn-to-make-fake-terrorist-videos/

Click on image for article.

http://labs.thebureauinvestigates.com/fake-news-and-false-flags/

Click on image for article.

end

March 8, 2017 Posted by | GeoPolitics | , , , , , , , , , , , , | Comments Off on ‘Genocide’ In Yemen As Saudi Arabia, U.S. Grab 63% Of Oil Supply

Jim Willie (Part 2/3 & 3/3): Dead U.S Bonds, U.S Stabilisation Fund, New World Order Geo Engineering, Monsanto, Depopulation …

end

March 6, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie (Part 2/3 & 3/3): Dead U.S Bonds, U.S Stabilisation Fund, New World Order Geo Engineering, Monsanto, Depopulation …

Jim Willie: Silver Price Breaking Out?

March 2, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie: Silver Price Breaking Out?