Sudden or incremental

123
Mon, Mar 24, 2014 - 10:32am

Given the overnight action in metals, perhaps discussing the big picture my be more interesting today.

I bought a house some years back that had an old curved roof barn. The architecture was amazing to behold to a wannabe carpenter like me, with curved roof beams, large oak support beams for the floor. It was probably built in the 1920s. It was dug into the side of a hill with the south side of the foundation exposed so you could walk into the lower level, the north side dug in so you could drive your tractor into the large sliding doors to store your hay. But there was a problem. That hill was saturated with water flowing underground out of hundreds of uphill acres north of the barn. The builders did not install a drainage tile. At some point, the water pressure from the north cracked the 8" thick concrete foundation wall horizontally along its 100 foot length about three feet above the lower level floor. The prior owner had re-supported the floor with vertical beams, but water seeped out continually reminding me of the problem. A contractor gave me a bid of 40K to fix it. We ended up selling the place. We have owned other homes in the American mid-west with cracking foundations and water issues in the basements. It seems to be a hazard of the region. Sump pumps are wonderful for managing the water, but they don't fix the foundation.

Fortunately, I have never owned a home too close to a river, ocean or sinkhole. But when such buildings have their foundations undermined, the collapses are sudden, spectacular and perilous. You can see it coming in many cases, if you pay attention, but there is nothing to be done but evacuate. Perhaps its the fault of the builders? Perhaps a lack of foresight? Perhaps it’s just a hazard of building anything in certain terrain where the view is beautiful, where water is abundant, where crops grow, where making a living is easier than where ground is hard, dry and stable. Certain precautions can be taken with wet ground--giving the pressurized water a route of escape. But too often it seems that the builders wanted to save money and create a quick easy structure and not worry about what would happen 40 years down the road.

In the past week, I have noticed a few posts on the boards about economic collapse, economic decline and how fast it might happen. I thought many more might be wondering the same things, and indeed the burning question in my mind these days has to do with the collapse of our nation's, indeed, the world's, financial system. Clearly, it has been unwisely constructed upon shifting, unstable fiat currencies. The bankers put band-aids on immediate issues, but have set up the economy for trouble later (perhaps sooner). Meanwhile, the architects of these currencies profit greatly and have a means of control that no person should have over an entire economy. And when the erosion forces of time, hidden underground water, or the violent forces of floods, waves or shifting ground inevitably exert their will, these fiat architects have no answers. Collapse is inevitable. But but is our foundation simply crumbling due to pressure & stress, or is the entire hillside being undermined. Will this “collapse” be sudden or incremental.

I am arguing, to anyone who will listen, that the collapse will be incremental, somewhat speedy, and have to avoid several hazards that could bring sudden disaster along the route. Verily I say unto thee, the beginning of the decline may be at hand with the ending of the petrodollar system.

Jim Sinclair: Russia Can Collapse US Economy, Gold Update, Silver is Gold on Steroids & More

I urge you to watch Jim Sinclar's recent interview if you have not already. He says that "Russia has the dollar by the” uh … short hairs uh balls? ... uh ... “has the dollar ... right in their hand.” It would behoove us to recall that the US played a part in the collapse of the Soviet Union not that long ago. I can't imagine Putin (or the Russian citizens) has any sympathy for the US. Russia will do what is good for Russia, and that means breaking the petrodollar system. All Russia has to do, says Sinclair, is accept other currencies for their energy products. And Putin is headed to china to likely sign such an arrangement, one that they have been negotiating.

A few years ago, my daughter and I climbed up to the top of a cliff that overlooked my home town. The view was fabulous. but the route back down was hazardous, with slippery places along the trail where, if one fell, you could tumble off and pretend you were Wesley in The Princess Bride yelling "As you wish..." until you were dashed on the rocks below. Our current situation is like that trail. Unstable, downward sloping, with the risk of disaster upon a misstep.

In a best case scenario, the world reserve currency is under attack. The US will see the inflation of commodities as the rest of the world no longer needs to buy dollars to convert their fiat into energy. The petrodollar's days are numbered. The value of dollars will decline. Cost push inflation will create more expensive imports. Increasing oil prices will increase food transportation costs. My rural students squealed about the price of gas when it hit 4.25. They couldn't afford the gas to drive to work and school.

When I say "incremental," I mean quick, definite increments. Not a long slow decline, but steeper, fairly fast, and fraught with the cliffs of banking freezes, war, grid shutdowns, food scarcity due to transportation shutdowns, rioting & martial law. I can't see rioting in the US being widespread. the first few riots will be met with a very heavy hand and the images of police quelling the action promptly will be splashed all over every media outlet. I bet DHS and the police are itching to try out their new gear!

The US is treading a narrow steep narrow trail, with Russia's goad at our backs. But Russia and China don't want the US and the West to completely collapse, which would not be in their best interest. They want and need a stable world economy. They want the west to lose the wealth and power to them. They want to see the west's standard of living decline while theirs rises.

But these sociopathic, power-lusting, greedy, central bankers have created an untenable monetary system that is failing the citizens of the world. Their plan, the IMF Code of Reforms that will create the SDRs--the new international world reserve currency, their plan may stabilize things for a while, but the foundation is still in need of great repairs. Indeed, the waves are undermining it as I type. I am NOT convinced that greedy IMF-led bankers will man-up and do what is needed to create real stability. As I understand it, the SDR will be 25% backed by gold. Will that be sufficient to stabilize the 50% backing of fiat? Or is this like Nebuchadnezzar's statue with feet made partly of iron and partly of clay.

I have noticed that in spite of their high intelligence and shrewdness, sociopaths do not show extended foresight.

Well that's my theory. A quick steady decline (6 months to a year after the petrodollar is broken) with many risks that could bring on a fast collapse. I am hoping that this thread might test this theory with a sensible rationale and evidence. I am also wondering if Turdville readers actually have some kind of consensus.

By the way, My wife's sister is married to a City of Phoenix policeman--25 year veteran of the force. He and his comrades have been trained to deal with rioting recently. He had ridiculed his wife for a couple of years about her conspiracy theories and prepping, but a year ago he told her to "keep prepping." For her birthday last week, he bought her a pink assault rifle and encouraged her to use it if needed.

By the other way, I think my efforts to build cheap solar panels have been successful. The beta tests have been positive. I'll share more in a later post. The quick report is that my concerns were overblown and it was much easier to solder the cells together than I expected. However, paying $1.25-1.50 per watt for solar capacity may be the better alternative.

Buy gold my friends, it may become scarce before we know it.

About the Author

  123 Comments

atarangi
Mar 24, 2014 - 10:06pm

this rabbit recipe is beautiful

Ingredients

  • 140g prunes
  • 50ml brandy
  • 50g soft brown sugar
  • 2 rabbits, jointed
  • plain flour, for dusting
  • 1 tbsp vegetable oil
  • 3 rashers smoked streaky bacon, sliced into thin strips
  • 2 carrots, chopped
  • 1 onion, chopped
  • 2 celery sticks, chopped
  • 1 garlic clove, crushed
  • 2 thyme sprigs
  • 1 bay leaf
  • 150ml red wine, the best you can afford
  • 250ml chicken stock
  • chopped parsley and wild rice, to serve

    Method

  • Heat oven to 150C/130C fan/gas 2. Put the prunes in a bowl with the brandy and brown sugar, stir, then set aside to soak.
  • Dust the rabbit in the flour. Heat the oil in a large flameproof dish and brown the rabbit all over until golden – you may have to do this in batches. Set the rabbit aside. Add the bacon, vegetables, garlic and herbs to the dish and fry for 5 mins until starting to colour.
  • Pour in the red wine and scrape all the goodness off the bottom of the dish. Add the chicken stock and put the rabbit back in the dish with the boozy prunes, then cover and cook for 2 hrs, stirring occasionally, until the rabbit is totally tender. Serve scattered with parsley and wild rice on the side.
ancientmoney
Mar 24, 2014 - 10:08pm

SilverRunNW, Motley re:TTIP

I have not found the actual proposed agreement. My only input is from GEAB, an organization I respect, as they seem to be mostly unbiased. Sinclair reiterated.

No proposed trade agreement would ever admit to anything negative resulting, of course. NAFTA was all roses and cream, but resulted in more negatives than positives for real American people. GEAB says TTIP will result in the end of the euro, by design but not by admission.

I challenge MF to prove GEAB wrong.

Gent
Mar 24, 2014 - 10:18pm

Day Star

I want to give you more than a hat tip

A while back I used to read Harvey often.

After finding that you did a daily breakdown of Harvey's site and posted here, well, needless to say, I no longer trudge thru Harvey's site

Thanks lots

Gent

SilverRunNW
Mar 24, 2014 - 10:27pm

TTIP

While I highly respect Mr. Sinclair and also follow the public information at GEAB, I sure would like to get to the root of the facts, but I've yet to find the appropriate documentation. The TTIP site offers plenty of studies, reviews, news releases and "opinions", I'm not so sure I want to spend the time on these. I want the source material that all these studies reference.

As far as "I challenge MF to prove GEAB wrong.", good luck with that. Sorry, but I think the burden of proof is on your side, or at least of equal burden to Mr. Motley. Either way, I think we're pissing in the wind without the source documentation.

the_circle
Mar 24, 2014 - 10:41pm

Another on the end of the paper gold market

From Wed Nov 05 1997;

"The actual buying of gold ( no other metals ) by huge players is not a prediction, it is ongoing. In 1997 it exploded! The price of the metal in currency terms will be made for all to see as it moves quickly upward for a very short period of time ( 30 days ) . After that only black market traders and third world noones will understand it's price! When is this going to happen? I have no idea. Is there anything to look for that will tell us when the problems have started? At first the US$ and gold will go up together against all other assets!"

Tue Feb 24 1998;

" the destruction of the present currency system will be preceded by the total unlinking of all gold for currency trading" "gold may find a price of $50US/oz or $50,000us/oz, but the truth will not be known as an open market" " yet gold will find an increase of value of biblical proportions"

Enjoyed reading your post Dr Jerome .

Dyna mo hum
Mar 24, 2014 - 10:48pm

Dr. J Looks like you are getting around....good work!

Headlines:

Previous News Postings »

This System IS Going To C R A S H — Claudio Grass

Claudio Grass, the managing director of Global Gold.ch joins us for this 40 minute podcast. Claudio is a realist and says, ‘The Central banks are printing, and will keep printing.”

And just as Jim Rickards has recently been predicting in interviews, Claudio says, ‘This system is going to crash. We don’t know yet if it’s next year, or five years… but the future is not bright. I believe that the next few years are going to be harsh and the middle class is going to be impoverished. The system will crash. And it can crash at any time. So if you’re smart, protect yourself. Protect your wealth.’

March 23rd, 2014 | Category: News, Satire, SGT Interviews | 21 comments |

FDA considers approval of genetically modified babies

by Ethan A. Huff, Natural News:

As mainstream society inches increasingly further away from the natural order of things, some scientists are busy hatching new methods of human reproduction that employ the same gene-altering techniques used by biotechnology companies like Monsanto. And according to new reports, the U.S. Food and Drug Administration (FDA) is fully on board with this brave new agenda, having recently met to discuss the future of what the mainstream media is now referring to as genetically modified (GM) human beings.

A chilling report by The New York Times (NYT) explains that a special FDA advisory committee recently met to discuss the approval of “radical biological procedures” that involve splicing and dicing the genetic blueprint of the human form. Referred to by the FDA as “mitochondrial manipulation technologies,” this disturbing concept, which is already being pushed as a viable fertility option, involves reprogramming the natural process of fetal development to supposedly create healthier babies with lower disease risk.

Read More @ NaturalNews.com

March 24th, 2014 | Category: News | Leave a comment |

Sandy Hook School Shooting Actors Got FREE Houses

from LogicBeforeAuthority:

March 24th, 2014 | Category: News | Leave a comment |

Financial Repression To Accelerate With Increased Desperation

from KingWorldNews:

“Capital will always go where it’s welcome and stays where it’s well treated.” Wriston’s Law of Capital

The majority of Western nations faces the stark choice between rigid spending cuts, marked tax increases (or a combination of both), resp. a somewhat more subtle method, namely pronounced financial repression. Since the time shortly before elections always represents a ‘period of focused unreason,’ the supposed magic formula can be quickly found, since the political implications of rigid austerity packages and large tax increases are widely unpopular and represent a considerable obstacle to reelection. Moreover, austerity measures often go hand in hand with social unrest.

Ronald Stoferle continues @ KingWorldNews.com

March 24th, 2014 | Category: News | Leave a comment |

Meet Carlos Arredondo: Boston Hero or NWO FRAUD?

[Ed. Note: Our advice, the moment you get the gist of this one, don't bail, fast forward to 41:05 and watch through to the end.]

from Betsy McGee:

March 24th, 2014 | Category: News | Leave a comment |

Boxer: Obamacare ‘Is a Huge Success’

by Susan Jones, CNS News:

“Never in my lifetime have I seen a law that is helping so many people be so vilified,” Sen. Barbara Boxer (D-Calif.) told a conference call on Friday.

She talked about the millions of people in her state who are benefiting from the law that Republicans have tried to repeal 54 times.

“This is a huge success, this law. I’m saying that. We had a terrible rollout, it slowed us up, but it’s all falling into place now and the Republican answer is very, very simple — let’s repeal it and take away all these benefits from people. And that’s just gonna wind up to be very bad for them at the end of the day.”

Read More @ CNS News.com:

March 24th, 2014 | Category: News | 5 comments |

Ares Armor CEO Tries to Reason with ATF over Customer Privacy; Raid Ensues

from ReasonTV:

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Guess which precious metal is controlled by the Russians…

by Tim Staermose, Sovereign Man:

Palladium is like the Rodney Dangerfield of precious metals. It never gets any respect.

If you ask someone about precious metals, in fact, just about everyone has heard of gold and silver. And occasionally platinum.

But palladium is one of those obscure precious metals that few people think about, or even know about.

Aside from actually having its own currency code (XPD), palladium is widely used in a variety of industrial applications, from spark plugs to catalytic converters to hydrocarbon ‘cracking’ to electronic components.

Read More @ sovereignman.com

March 24th, 2014 | Category: News | Leave a comment |

SHOCKING Kevin Annett CLAIM: Ratzinger is still the acting Pope; Francis is PR front — Pope, Cardinals are Satanic Coven

from Alfred Lambremont Webre:

March 24th, 2014 | Category: News | One comment |

Sudden or incremental

by Dr. Jerome, TF Metals Report:

Given the overnight action in metals, perhaps discussing the big picture my be more interesting today.

I bought a house some years back that had an old curved roof barn. The architecture was amazing to behold to a wannabe carpenter like me, with curved roof beams, large oak support beams for the floor. It was probably built in the 1920s. It was dug into the side of a hill with the south side of the foundation exposed so you could walk into the lower level, the north side dug in so you could drive your tractor into the large sliding doors to store your hay. But there was a problem. That hill was saturated with water flowing underground out of hundreds of uphill acres north of the barn. The builders did not install a drainage tile. At some point, the water pressure from the north cracked the 8″ thick concrete foundation wall horizontally along its 100 foot length about three feet above the lower level floor. The prior owner had re-supported the floor with vertical beams, but water seeped out continually reminding me of the problem. A contractor gave me a bid of 40K to fix it. We ended up selling the place. We have owned other homes in the American mid-west with cracking foundations and water issues in the basements. It seems to be a hazard of the region. Sump pumps are wonderful for managing the water, but they don’t fix the foundation.

Read More at TFMetals.com

thesandbox
Mar 24, 2014 - 11:32pm

MH370 theory

Don't think I have seen this one yet on here....

https://worldtruth.tv/rothschild-inherits-a-semiconductor-patent-for-fre...

some snipits...

The disappearance of four members of a patent semiconductor traveling on Malaysia Airlines MH370 makes the famous billionaire Jacob Rothschild at the sole owner of the important patent...

.....Freescale’s shareholders include the Carlyle Group of private equity investors whose past advisers have included ex-US president George Bush Sr and former British Prime Minister John Major.

Carlyle’s previous heavyweight clients include the Saudi Binladin Group, the construction firm owned by the family of Osama bin Laden......

.....Four days after the flight MH370 disappear, semiconductor patent was approved by the U.S. patent office patent is divided in parts of 20% between five starters. One of the owners is the company itself, Freescale Semiconductor, Austin, Texas (USA), and the other four Chinese employees of the company: Peidong Wang, Zhijun Chen, Cheng and Li Ying Zhijong, all the Suzhou City. And they all passengers of Malaysia Airlines plane disappeared on March 8, according Eternity .

AlienEyes
Mar 24, 2014 - 11:58pm

DeaconBenjamin & Dyna mo hum

DB : Great video ! Thanks.

Dyna mo : Epic post !

I would pay big bucks to see Barbara Boxer thrown into a vat of fire ants.


Mar 25, 2014 - 12:04am

Dyna mo

Thanks for pointing that out. I am flabbergasted.

Dyna mo hum
Mar 25, 2014 - 12:17am

Dr. J

Don't be flabbergasted. Like I always say "when you are good its hard to hide"

Safety Dan
Mar 25, 2014 - 12:58am

Thread After Thread I Remain Impressed

Turdites & those living in Turdville, the links, the information & entertainment, the menu challenges... are amazing. Sorry Atarangi, having raised rabbits & eaten rattlesnake,it all tastes like chicken to me.

I enjoy [to a fault] the time spent on Turdville. I've been edified by the writings of those that responsibly share. May the sunshine of wisdom and winds of good fortune continue in Turdville!

SS121
Mar 25, 2014 - 1:00am

The countdown ended about 5 hours ago....

...the owners of the World Fiat Currency System have now issued ('Airdropped') their first national digital currency!

The Iceland Auroracoin Airdrop has commenced.

The screenshot of the Auroracoin web-site on the slide below was taken during the countdown...

Expect more of similar as the owners work to save their WFCS by replacing the 'national' fiats with their digi-currencies issued to nations. (big difference)

They will probably try and devalue the existing fiats -vs- the new digi-stuff via the gold exchange ratio..

This is when it will be to their advantage to run the gold chart UP (to make existing fiats look to be failing)

---

And, fwiw- to support tonight's Airdrop is why they ran the PM charts up for a few weeks and then down down down down down until right after the 8 pm EST Airdrop...(See Mar 24 green line at 8 pm on below chart)

It's all theater, so keep watching and keep stacking.

Only Silver and Gold are Money

Motley Fool
Mar 25, 2014 - 1:04am

ancientmoney

There are lots of things I cannot disprove, such as the existence of the flying spaghetti monster. My inability to do so does not confirm the fact of his existence.

The burden of proof does not lie with me, it lies with you.

I do not think my example was silly. It captures the nature of your argument.

Do you understand why I say your claim does not pass the smell test?

When in doubt, use Ockam's razor. ;)

While I have also found value in GEAB reports in the past, I should point out that I have seen them make claims before that were not backed up, that have proven to be wholly inaccurate. This seems simply another case of wishfull thinking.

Ps. Thanks SRNW.

Deaglán
Mar 25, 2014 - 2:44am

Post March riots in Madrid last weekend

Here´s a video of the riots after 2 million marched in Madrid. I´ve seen the Spanish police in action before, rubber bullets and baton charges and they don´t care who gets in their way. So I was surprised to see them getting their asses kicked. It´s the worst violence I´ve seen in Spain.

https://www.youtube.com/watch?v=LWTnN0EEUhI[width=640,height=320]

ivars
Mar 25, 2014 - 5:16am

For someone who wants to

For someone who wants to study relationship between Roman Empire ruled by Military Emperors and today's Debt Empire Ruled by banker Emperors, here are two charts:





I have been reading a bit more in detail and have established a bit better timeline analogies; basically, when You read Roman history through the crisis of Third century (at the end of which we are now and which was solver by establishing by Diocletian 2 Emperor rule ( Dicletian 285 - Maximian ) and later in 293, even Tetrarchy with two more Caesars of little lower rank ( in 293) ), here are the correspondences by years:

Roman Empire Crisis of the Third Century

235- start of Third Century Crisis= 1968
270-275- Rule of Aurelian - unification of Empire =2003-2008 ( it does not mean Bush was emperor, but behind the Bush bankers had 1 Emperor for 5 years which is very long compared to average 25 emperors per 50 years of 3rd century crisis and its analog in modern days- should have been 25 banker Emperors since 1968). The 2008 crisis ended the rule of This whoever it was banker emperor, and we can may be figure it out by looking at which banks ( Lehman!) went under as aftermath, which we allowed to go under. The only glimpses we can get of banking Emperors are the changes in financial institution ownership and fortunes.
284- Diocletian = 1968+49= 2017
285 - Diocletian + Maximian = 2018 so soon the Empire will have 2 capitals- Western and Chinese ( BANKING EMPIRE, THE ONE THAT MATTERS).
285-305= 2018-2038 - co rule of 2 Emperors and also change in value systems , dramatic ( most likely towards more autocratic, in the West mostly) .

293=( 2026) Tetrarchy-305 (2038) 2 more Sub debt EMPERORS ( not quite clear which todays geographic places will be able to issue and control DEBT in parallel with the USA and China- one could be Europe as further fragmentation of Western debt Empire, but the other? Latin America? Saudi? Central Asia? Will they have enough capital or control over territories to LEND?).

325- ONE EMPEROR Constantine and New religion= 2058 Chinese take over fully , but debt cycle end is close, and religion changes..to what?

Today, we are in year 281-282 of Roman Empire. For interest, one can make analogy between Russia and Persia, Ukraine and Mesopotamia ( rich lands!) and see what happens ( what happened to Mesopotamia in fights between Persia and Roman Empire around 281-285) . Very interesting things.

Conclusion short term is: West will lose last fight in Ukraine, Ukraine will more back to Russian sphere within one two years, but more importantly, Rothschilds will succeed in returning to the shared throne of debt EMPIRE, shared with the West , which will be visible in 2D shadows from 2017-2018 latest ( one shadow will be the new USA president) . The key event will be of course- as a result of Western ( USA) debt Empire loss globally - the move of Russia in CHINESE debt EMPIRE sphere of influence. That means that China ( Hong Kong) based Debt Empire will have the privilege to issue and expand and control debt Russia, Central Asia, East Asia, may be also Africa, Latin America.

Clearly it will be This part of divided banking EMPIRE that will grow and quite fast eat into former One Emperor Western Banking Empires spheres.

Most importantly, the appearance of second debt EMPIRE will change values , political systems, geopolitics and politics, state boundaries at will. Think how well UK delivered Hong Kong to China with 50 years of one country, 2 systems deal, and how happily China already in 1984( !) agreed to have capitalist system under PLA protection in Hong Kong ( so not accessible by USA armed forces representing Western Banker Empire). These guys who know how debt cycles work are able to plan things quite fast in the future.

There is a third player today, represented by the USA military and other security services and people like Soros who are trying to use debt Empire weakness to establish own position. They will lose. We can see how NSA, USA military etc. are clearly decimated in concerted action, and same will happen with Soros backed presidential candidates. All in all, Democrats won only because Lehman crisis was engineered. Obviously, Lehman crisis in internal fight of bankers for EMPEROR title was more important then who gets the presidency. The changes in Banking EMPERORS since then are the reason of inconsistency of the USA foreign policies during Obama term as he is being directed in various directions every 2 or even every other direction.

Summary: There is still ONE ( A PERSON) WESTERN DEBT EMPEROR in this world today, but this position has been very unstable since 1968, with roughly 25 WESTERN DEBT EMPERORS changing over last 50 years, and as soon as 2017 -2018 there will be officially TWO DEBT EMPERORS- ONE WESTERN ( USA based) , and ONE CHINESE( but not by nationality, most likely Rothschilds). This double system will mean that Chinese values will be forced on the world same way as American were and will overtake American ones in Eurasia , eastern part, and more. 2017-2037 will see fundamental changes in values systems, not in favor of democracy, naturally. The fight over Central Eurasia (Zbigniew Brzezinski) will be lost by USA DEBT EMPEROR to the old former EMPERORS- Rothschilds in Hong Kong as fight over Ukraine is lost and resource rich Russia will become debtor to CHINA DEBT EMPIRE.

El Gordo
Mar 25, 2014 - 5:20am

Amazing discovery

For several years now I have been a silver bug, just stack along a little at a time. But I decided that enough was enough, so I added a tiny fractional gold piece to the mix, and wallha - what a new experience that has turned out to be. I can lose money with gold at an exponential rate compared with how fast I can lose it on silver. Of course, that's such a rush that I'll have to do it again I guess. And what's that definition of insanity again?

ivars
Mar 25, 2014 - 5:26am

One more about DEBT EMPERORS

This whole Ukraine thing is a fight between old Western bankers ( USD ) and new Eastern ones ( could be of same origins, like Rothschilds) ; For the West this is the last attempt to maintain monopoly over substance of current era, namely DEBT issuance and control. The Western banker empire has been weakening ever since loss in Vietnam and move off gold - first by closing London gold pool in 1968, then by closing fixed USD/gold rate in 1971.

Now, after more then 40 years of fight for control, Ukraine comes up in final battle- either West will be issuing debt to Ukraine and Russia- and so filling the last debt expansion ( even if we are nearing peak debt we are not there yet worldwide, there are resource rich pockets to be explored for another may be 20-40 years or even a bit more). The Wests attempt looks quite desperate as it is too weak to back it up.

So most likely result will be that West will attempt some sanctions, Ruble will weaken but with Russia signing gas etc . deals with China West will lose; within one -2 years Ukraine will return more or less to Russian control, especially economically.

But the KEY WILL BE that Russia, all Central Asia and even Ukraine and may be few more countries around Russia and East Asia region will become under CHINESE bases banking empire. It will be their debt expansion and control territory.

This will be a fundamental change when western monopoly in banking which resulted in rule over the world and had lasted at least for last 300 years since India became part of Dutch and British East India companies , and later 200 years after the defeat of Napoleon who dreamed of alternative Empire not ruled by bankers- and lost-- China as well in early 19th century- this rule will be divided in 2 parts, with 2 competing banking empires with world divided between them:

1) USA and Europe based, old Western banking empire ( and every empire has an emperor , most likely European or American banking dynasty member)
2) China based , new even more Western ( if we look from USA) banking Empire where Rothschild, who were deposed from Emperors title after WWI with establishment of FED and collapse of monarchies.

These two banking empires and fight between them- so far as equivalents, but with China aspiring and more resourceful, will decide within next 20 years the values, political systems, geopolitics and all other aspects of life on Earth ;

Based on analogies with Roman Empire ( may be I will write another post) 2 Empires- the recognition of Chinese banking Empire as equivalent to old Western- will happen latest in 2016-2017; In 2038 Chinese Empire will start to overtake Western banking empire and become dominant; it is not necessary that Chinese banking empire ruled by Chinese national as money knows no nationality, and the best bankers have no commitment to anything else then money. Chinese Empire will be definitely started by Rothschilds; they should be indispensable in the beginning as banking empire requires both knowledge and wast trustable networks worldwide. Chinese are not badly situated in this sense as they live everywhere and will live even more so; but definitely they need partner who can be Emperor as well.

One of the most significant steps leading into direction of Western Empire recognizing return of Rothschilds as Chinese banking emperors ;

Rothschilds and Rockefellers make a deal first time in history

While the Rockefellers are considered old money in the U.S., the Rothschild fortune goes back many more generations in Europe.

Patriarch Mayer Amschel Rothschild had such a tremendous impact on international banking that Forbes in 2005 named him to its list of 20 most Influential Businessmen. Rothschild died in 1812.

John D. Rockefeller died 125 years later, as the world’s richest man. He had established the wealth services company in 1882, to manage the family fortune.

His grandson, former Chase Manhattan Bank Chairman David Rockefeller, has a longtime personal relationship with the Rothschilds.

In a press release, Rockefeller said, “Lord Rothschild and I have known each other for five decades. The connection between our two families remains very strong. I am delighted to welcome Jacob and RIT as shareholders and partners in the ongoing development of our investment management and wealth advisory businesses.”

The deal began, according to the Financial Times, when he introduced Jacob Rothschild, great-great-great-great-grandson of patriarch Mayer Amschel Rothschild, to Reuben Jeffery, CEO of Rockefeller Financial.




Handover of Hong Kong and the rules of agreement communist China accepted and Margaret Thatcher conceded just after fight over Falklands- in 1984- one country , 2 systems till 2047 ! tells a lot about who and how decides on values, political systems and country borders. Hong Kong delivery to China was a clear and important step in preparation to move Capital to China ; incredibly important as Hong Kong is under Chinese protection and thus in principle, not accessible military to the USA. It also tells how long forward those who control debt and money supply and have experience of few thousand years in debt cycles can plan the future.

thesandbox
Mar 25, 2014 - 5:35am
atarangi
Mar 25, 2014 - 6:36am

El Gordo's amazing discovery

I'm a bit like you El Gordo - I've been buying silver and losing money for so long that I have forgotten the definition of insanity too - - - I asked the Mrs. what the definition is and she just handed me this - - I hope this helps

atarangi
Mar 25, 2014 - 6:56am
atarangi
Mar 25, 2014 - 7:25am
azzatack
Mar 25, 2014 - 8:09am

Bloomberg - Silver Vault full...

From Bloomberg...

Silver Vault for 600 Tons Starting in Singapore on Demand

Silver Bullion Pte, a Singapore supplier of coins and bars to retail investors, opens a 600 metric ton vault tomorrow as investor demand increases...

https://www.bloomberg.com/news/2014-03-23/silver-vault-for-600-tons-star...

silver66
Mar 25, 2014 - 8:18am

The scrubbing of info

Wikipedia has scrubbed the definition of Freegold

https://en.wikipedia.org/w/index.php?search=freegold&title=Special%3ASea...

I wonder why that is....Hmmm

Silver66

Groaner
Mar 25, 2014 - 8:33am

Everytime I click on this website its scrambled

Turd, not to be disparaging but there is something wrong with the coding here.

I do not have any problems on the Web except for this one. I have to re click at least 3 times for the format to get straightened out.

Today should be the last day of the monkeys games. Expirations.. as usual

WineGuy
Mar 25, 2014 - 8:43am

Iraq Purchases 36 Tons of Gold ...

Didn't the USA just take 36 Tons of Gold from the Ukraine? Hmmmmm

Motley Fool silver66
Mar 25, 2014 - 8:44am

silver66

I'm glad. The entry was terrible, and it did not conform to wikipedia standards anyways.

ancientmoney Motley Fool
Mar 25, 2014 - 8:56am

Motley

I feel no burden to prove anything.

As everyone else here does, I found an article that I felt deserved to be read. The TTIP was unknown to me before I found the GEAB article that says it is an instrument that will result in the U.S./EU trade zone using dollars to the exclusion of the euro.

I asked you what FOFOA's followers think of this development. You claim I must prove this article to be true. I say I cannot predict the future, but previous trade pacts did not result in what we were told would happen, therefore it is entirely possible, even likely that this one will bring other than positive results.

It also makes sense from a western banker position, since the east is now siding with Russia to do their trade, to the exclusion of the dollar. So, will the western bankers coalesce around the dollar, or the euro? That is the meat of my question to you and FOFOA's followers. The GEAB article seems to point to the dollar, not the euro.

ancientmoney silver66
Mar 25, 2014 - 9:02am

@Silver66 . . .

That is interesting. Does NSA own Wikipedia?

When you Google freegold, FOFOA's blogsite comes up, but I suppose it must, since the blogsite does exist..

Wizard
Mar 25, 2014 - 10:27am

Senators An Intelligent Bunch

Getting more and more blatant in their view that the people mean nothing

RI STATE SENATOR MILLER TO 2nd AMENDMENT QUESTION! "GO F%#K YOURSELF"!

https://www.youtube.com/watch?feature=player_embedded&v=Zo98fDcFbtc

SilverRunNW
Mar 25, 2014 - 10:38am

@ancientmoney - Trade

Isn't all trade between the EU and the U.S. already in U.S dollars?

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