“A systemic Lehman event is in progress…”

 

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Submitted by Jim Willie, GoldenJackass

The current monetary policy is stuck in place. It is highly destructive to banking systems, working capital, and financial markets. Yet it continues ad infinitum, actually until the great collapse. A systemic Lehman event is in progress, as the global financial structure is collapsing. The only remedy is the Gold Standard installation, which is happening, but its architects are from the East. They are labeled as enemies, when the root problem is in the Western banking hive.

 

The quickening has begun in earnest. The end game began in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The origin of the systemic failure can be found rather easily. Refer to just the last several years. Of course the seminal point was the creation of the Federal Reserve in 1913.

Of course another critical event was the murder of President Kennedy, a champion of sound money. He joined Garfield and McKinley in that respect, as assassinated US Presidents, the common link being their favor of the Gold Standard or sound money.

Of course another key point was the abrogation of the Bretton Woods Accord in regards to the Gold Standard Agreement. Following the Tequila Crisis in Mexico in 1994, the expansion of margin credit and debt was insane. The climax in recognition was Greenspan’s famous admission of Irrational Exuberance, which bears his blame. Following the tech-telecom bust in 2000, the expansion of every conceivable type of credit and debt was insane. A natural recession was actively avoided, assuring a doubled effect several years later.

Following the Lehman failure, every possible wrong decision was made, in vigorous pursuit of continued fraudulent money and sustained criminal banking enterprise. To be sure, no solution or remedy or reform has been sought. What comes is a new systemic Lehman event, in a crash of the global bond, banking, and currency systems together.

 

The systemic failure was guaranteed in my mind, when the big banks were given license to continue operations even while both insolvent and guilty of multi-$billion fraud. Such is the essence of the Fascist Business Model, a term most mainline economists and financial analysts rigorously avoid. No big US or London bank has been convicted of a felony, nor any executive from their bank firms gone to prison.

This license was joined with the extraordinary corruption of money in the last gasp of monetary excess. The result was a required liberalization of monetary policy, which put the systemic failure on a guaranteed time line. The Quantitative Easing (QE) monetary policy is highly destructive. It combines with another equally destructive measure in the Zero Interest Rate Policy (ZIRP).

Together they are a double barreled shotgun killing the USEconomy and its financial structure. Worse, they are killing the Global Economy and its financial structure based upon the USDollar. Put aside motive or intention to scuttle the nation. Focus instead on the wreckage from official policies in place, both of which the Jackass forecasted to occur, and both of which were also forecasted to remain in place permanently by this analyst.

 

It is indeed curious that almost no mainstream economists or analysts mention the permanence of the current destructive monetary policy. They might mention its permanence, but they do not attribute blame for the systemic breakdown on the monetary policy, which is highly destructive. They might mention distortions or some accurate observation of aberration, but they do not indict the monetary policy itself as the root problem in the unstoppable decline. The recognized brain trust surely do not recommend a return to the Gold Standard as a viable honorable effective remedy. They do not ever mention license for criminality in the banking centers linked all too closely to the USGovt.

 

MONEY VELOCITY DECLINE

Stimulus implies greater activity, more encouraged movement. A spur in a horse’s flank or a crack of the whip will induce a sudden acceleration in the harnessed animal. That is stimulus. A burst of nitro or naphtha to a racing car engine will induce a sudden acceleration in the souped-up machine. That is stimulus. A couple of whiskey chasers at a bar can give a guy some newfound courage to approach an attractive woman for a dance or a romp. That is stimulus. To be sure, QE & ZIRP help the big bank sector with redeemed toxic bonds, with bond carry trade potential, with rising values of doomed items like junk bonds. They even help the big banks directly with stock buyouts as the USFed illicitly buys bank stocks.

 

However, QE and ZIRP are not stimulus agents to the USEconomy. They are a death sentence. They are not viable support for the USD-based financial structure. They are destructive elements. The business investment, often called capital expenditures (CAPEX) has largely taken place in foreign lands. Most multi-national corporations did not expand inside the United States for a number of reasons. The US corporate tax rate is the highest in the industrial world. The US environmental regulations are the most strict in the industrial world.

The federal regulatory oversight and interference is the most burdensome in the industrial world. So large companies have conducted expansion in the Emerging Market Nations. Where those nations grossly expanded their official debt at the sovereign level, they have been bankrupted on the currency impact. Such is not stimulus. The proof of ineffective policy is found in the fast decline in money velocity. It is defined in loose terms as the number of economic round trips for money within the economy during a given cycle. It is akin to how often your car’s oil circulates within the engine, finding the same molecules at the starting point of the pistons shafts and cylinders in a given period of time, like a month.

 

If monetary policy had any shred of stimulus, the chart below would not appear as such a horrendous decline. The Jackass concludes that QE & ZIRP are the most destructive monetary policy in modern history, rendering the King Dollar not only on a reign of terror, but an instrument like a headache ball at a demolition site. The result has been capital destruction and dampened economic activity for several years. The policy guarantees systemic failure on a time line. A systemic Lehman failure event is in progress, not so much approaching, but already here, in progress.

 

 

The systemic failure has a point of origin, the United States and the Federal Reserve. The incredible USDollar shortage from the global margin call has lifted the global reserve currency to troublesome levels, only to cause severe damage across the many nations. The Emerging Market Nations took the bait, and added to their debt, told by Western bankers of no inherent risk. Obviously no interest rate risk was at work, but plenty of currency risk in effect. The USDollar has turned toxic. This margin call pressure comes at the same time as the vast Petro-Dollar machinery is being dismantled. The entire financial structures are crumbling and falling apart, while the official monetary policy only makes the conditions worse.

 

PERMANENT QE & ZIRP IN REALITY

The QE policy is not stimulus, no way, not by any basic definition. The ZIRP policy is not stimulus, not by any sensible reasonable or logical manner. QE represents multi-$trillion slush money to aid the Wall Street criminal banking center. QE has been expanded abroad, beyond the USFed offices (see BLICS), even to involve confiscations (see Japanese pensions). The QE has been joined since December by the gigantic clandestine arm known as the Exchange Stabilization Fund, operated by the USDept Treasury. With recent additions, one can truly call the monetary policy QE to Infinity. Maybe the term QE to Infinity Squared makes sense, a take-off of their CDO Squared lunatic bond instruments. Refer to Collateralized Debt Obligations, where leverage was applied twice.

 

The ZIRP enables the more efficient feedstock and lubrication for Interest Rate Swap machinery. The ZIRP enables a bond carry trade for easy Wall Street bank profits. The ZIRP actually slows the USEconomy in an utterly obvious way, with reduced income flows from pension funds, insurance treasuries, and individual retirees. The wet blanket is obvious and universal in its dampening effect. With its integral parts impossible to remove, one can truly call the monetary policy ZIRP Forever. The central bankers are truly stuck, not just in mud, but in quicksand. They are sinking, and their central bank franchise system is facing total ruin.

 

Together they guarantee a systemic failure. The Zimbabwe hyper monetary inflation undermines the entire global banking system in its reserves management structure. An African style inflation to global reserves cannot continue, and has forced an alternative system to be constructed, by the East. The ultra-low interest undermines the risk reward for savings, inhibits the economic flows, and distorts asset values universally. The USFed has truly destroyed the global economy and financial structure.

The unfolding events are toward systemic failure and forcing the installation of the Gold Standard. It is the long avoided solution.

 

NEW SCHEISS DOLLAR & GOLD TRADE STANDARD

In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard. The violations are:

1) to import finished goods and crude commodities, paying with IOU coupons

2) to commit multi-$trillion bond fraud in its big banks, done without legal prosecution

3) to do QE bond purchases in applied hyper monetary inflation, monetizing debt

4) to rig all major financial markets in favor of the primal USDollar

5) to engage in numerous regional wars to support the USDollar.

 

The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports.

The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax).

 

The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Doing so would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States. The colonization has already begun, with secret deals galore. As Ron Paul has stated, one cannot blame capitalism for the current failure, since we have had almost none!

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The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $300 per ounce. In reaching these levels, the ratio will return to the 30-1 range.

Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals. The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power. The steps will each involve a quantum jump in the Gold & Silver prices.

The process will take a few years, but might be breath-taking in speed once the process is begun.

The steps involve:

 

  • the critical mass of rejected USTBills in trade settlement, citing its corrupt roots and illicit monetary policy as foundation
  • the return to the Gold Trade Standard and introduction of Gold Trade Notes as letters of credit, in replacement for a fair tangible payment system (no more IOU coupons)
  • the recapitalization of the global banking system with Gold as primary reserve asset, so as to relieve the grotesque stagnation, insolvency, and dysfunction
  • the seeking of equilibrium in Supply vs Demand in the new fair uninhibited market, with exclusive control removed from London and New York, and placed elsewhere like in Shanghai, Hong Kong, Dubai, and Singapore.
  • the seeding of BRICS gold & silver backed currencies from participating nations within the Alliance (likely several with slight variation in features)
  • the re-opening of the gold mine industry with some blue sky, and relief from the Evergreen element at Barrick
  • the remedy toward owners of over 40,000 tons of rehypothecated and stolen gold in bullion banks across the world (primarily in Switzerland.

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THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

“As a Golden Jackass subscriber, I greatly enjoy listening to your interviews because it really lends a sense of passion that lies behind the tremendous body of information and formulation that goes into your monthly research. Though I must admit, it scares the hell out of me most of the time. Still, I will not miss it for the world. I feel that having a truly objective insight from your research, in depth analysis, and accurate forecasts gives me and my family an important life saving advantage. And I mean that sincerely.”

   (MichaelS in Ontario)

“I have continued my loyal patronage of your excellent commentaries not so much because of my total agreement with your viewpoints, but because you have proven yourself to be correct so often over the years. When you are wrong, you have publicly admitted it. You are, I suppose by nature, an outspoken and irreverent spokesman for TRUTH against power, which differentiates you from almost all other pundits on world affairs.”

   (PaulR in Hawaii)

“For over five years I have been eagerly assimilating any and all free information (articles, interviews, etc) that Jim Willie puts out there. Just recently I finally took the plunge and became a paid subscriber. I regret not doing this much sooner, as my expectations were blown away with the vast amount of sourced information, analysis tied together, and logical forecasts contained in each report.”

   (JosephM in South Carolina)

“Jim Willie is a gift to our age who is the only clear voice sounding the alarm of the extreme financial crisis facing the Western nations. He has unique skills of unbiased analysis with synthesis of information from his valuable sources. Since 2007, he has made over 17 correct forecast calls, each at least a year ahead of time. If you read his work or listen to his interviews, you will see what has been happening, know what to expect, and know what to do.”

   (Charles in New Mexico)

“A Paradigm change is occurring for sure. Your reports and analysis are historic documents, allowing future generations to have an accurate account of what and why things went wrong so badly. There is no other written account that strings things along on the timeline, as your writings do. I share them with a handful of incredibly influential people whose decisions are greatly impacted by having the information in the Jackass format. The system is coming apart on such a mega scale that it is difficult to wrap one’s head around where all this will end. But then, the universe strives for equilibrium and all will eventually balance out.”

   (The Voice, a European gold trader source)

 

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  [email protected]

 

    • THANK YOU ROBERT!!!!

      Did not see that! Man- I knew this one was gonna be a huge one. Armstrong actually refers to it possibly <1000 before the huge “slingshot move to $5000”. (Yep -you Armstrong Haters….5000. Out of Marty-Marts own mouth/pen)

      The Commercials know this and will wipe out Specs in a huge way! And scoop up all their sells and position for next move to >$1500.

      How long will this correction be. Typically 5-7 weeks then some basing, BUT the Short positions are so enormous this may be a slow bleed… maybe 2 1/2 months.

    • Great! I love it! Bring on the hammer cause I want more stacks. I don’t know whether I’m happier when it goes up or down. That’s a great thing though since that means I’m always happy!

    • bob
      Yes there is a lot of top pressure in gold but look how it first appeared mid to late Feb and the smash attempts failed.  So yes eventually they will make a little smash effect but they really look weak.  At this point, a smash to $1220 is not significant.  $1160 would be a real achievement.  I think it will stay above $1220 and their smash won’t be very effective.  For sure they will be able to load up on profits shorting from $1280 to $1220 but I think the limited supply of gold is keeping them from getting down to the lower prices they want.  Don’t forget what is happening with the sovereigns and in the ETF+ETC.

    • @Au15xAg

      Here is a longer term chart of gold COT positions. If we are in a new bull market then we could have a longer way to go before a meaningful correction. Cot Reports work great in a bear market but I think we are in a bull market now and don’t know if they will be as reliable. I got slaughtered on my March GDX and SLV puts, as well as on DUST trying to top call this rally.

       

       

       
       

    • Trike- Ill email ya. My May GDX Puts got smoked, but had some other data points I was using not just COTs, but your right, this one “feels different”, but….

    • Maund is a sharp guy…  Willie keeps ranting about a new US currency… I think that is a little delusional in the near term anyway… the Obongo administration can’t do anything right, let alone a massive undertaking like that…

  1. The process will take a few years, but might be breath-taking in speed once the process is begun. In the meantime buy my newsletter and monitor the date getting pushed out further.” J. Von-Willhem

    Any of you been subscribers? I was. ~1year.

    The thing that finally pushed me over the “cancellation edge” was his disdain for Armstrong yet continually used his info (with no credits). I interacted with him in emails and he was rude! To a subscriber!!! An I was quite gracious with the guy. Anyway…

    Used to be a “Re-hash Willhem” shill of sorts. Hate to say it, but he’s the equivalent of Blow Poclair (with a “Voice”).

    Him and Ferguson. Meant for each other.

    • I agree…Willie moves the goal posts more than the Patriots to further his rhetoric..I can’t see where this guy has ever been right with one of his calls…correct me if I’m wrong…

    • US$ can be traded for gold and silver, so they HAVE worth on that basis alone.  They can, in fact, be traded for just about anything we desire.  When the time comes when we cannot make that trade, THEN I will agree with you on the worthlessness of US$.  I do agree that the time is coming when US$ will not be worth much but that time is not yet here.

  2. How many times has this charlatan predicted that “something big” is about to happen? Jim Willie is a sad joke at this point and his track record proves it. If you like fairy tales then listen to Willie. If you want facts and serious analysis then look elsewhere.

    • People do not want serious analysis.  They want to be told its going “Toodamooon!” They want to be in on cloak and dagger secret conspiracies no matter how preposterous. They want to be told the world is a simplistic contest between good and evil and that they are good and that they will triumph. In Willies case they want to believe an obscure business statistician with mental problems gets phone calls from a secret mole in the financial and cultural elite tipping him off to various skullduggery.  They are not doubled over in laughter when they learn Willie calls this person “the voice”.

    • @Vegasidler

       

      Most of us are aware that hearing voices in our heads that only we can hear is generally not a good thing.

      While I do read a JW column on occasion, I simply cannot listen to his hysterical screeching in a pod-cast. In no case do I consider JW’s info as financially actionable.  It can be used as part of the greater mosaic that we are all trying to understand.  But only insofar as it can be corroborated via other means.

    • @Ed_B   I no longer try to understand anything.  I am just hunkered down and holding on to my precious metals investments and waiting. In the meantime there are plenty of books I have not read and there is gardening to do.

    • @Vegasidler
       

      “I no longer try to understand anything.”

      That IS awfully tempting at times.  There is so much chaff blowing around that it is dang-near impossible to even see any wheat, let alone collect any.  :-/

       

      “I am just hunkered down and holding on to my precious metals investments and waiting.”

      I am sure that quite a few of us are doing something similar.  Being in the middle of “the silly season” doesn’t help.  Seems as if this 2016 election has been going on forever. 🙁

       

      “In the meantime there are plenty of books I have not read and there is gardening to do.”

      Indeed so… and quite a few really good classic movies to watch.  Can’t decide whether to run the original Robin Hood or Run Silent, Run Deep tonight.  🙂

      Waiting for it to dry out a bit here before doing much in the garden.  It looks like a sea of mud at the moment, just waiting for an unsuspecting gardener to try walking on it and then sinking in about knee deep.  :-/

      If I could work up the motivation, I would plant some seeds in peat pots and get them going so they could be set out in about 4-5 weeks.  Will do that when I get back from my next fishing expedition.  🙂

       

  3. GOLD IS GOING TO $X,Y.Z,000000 PER OUNCE JUST ANY TIME NOW !  screams article after article on this silly assed website.   And then it goes down 25 bucks/oz.

    OK…it’s official, I’m deleting this place from my bookmarks and leave ya’ll to it.  My potatoes need planting, more important things to do than read bullshit on a regular basis.

     

    Gimme a call if it ever hits 1500 again.

    • What?  You’re gonna bail out and leave us and then you expect a call when it’s time to buy or sell?  HA!  Not happening.  If ya wanna play, ya hafta pay.  😉

       

    • Not sure why you want us to call you when gold hits $1500 again…to gloat that you turned up your nose at a commodity that has gained over 10% already this year? Okay…if you insist.

    • Well heck in 2000 it was 280!

      The bull never stopped just a correction!

      You wanna a call but by then you will be to late!

      The most money is made right off the bottom!

      I called the fed bs this week! I am up well over 100% since the first of the year in the miners and thousands of ounces of silver as I put my profits into silver!Last year made 500% this year we have 20 of us doing the same thing as I did by myself and with my kids!

      See people like you don’t see the upside and will be left in the dust!I see it and know it is coming cause the production numbers and the ore grades tell me so!It is why I said silver would be the best performing asset class of 2016!gl

       

  4. As to the article…

     

    “… as the global financial structure is collapsing.  The only remedy is the Gold Standard installation…”

    Is it?  Heck, boys-n-girls, having a license to print fiat money is like having a license to steal.  Actually, it’s not LIKE having a license to steal, it IS a license to steal!  This is not something that TPTB will give up easily.  In fact, it is likely to be the second to the LAST thing that they give up.  Their final breath being the last thing.

    IMO, we will see a financial reset and world debt “restructuring” relatively soon.  This likely will come with a new currency but it will be a fiat currency nonetheless.  A second fiat currency will follow when this fails.  It will not be until the general populace absolutely refuses to use a fiat currency of ANY kind that we will at long last see money backed by something of intrinsic value.  Whether that is gold, silver, or a basket of commodities is not known now but what we do know is that a sustainable economy cannot be built upon a foundation of dishonest money.  That experiment has been done and we have the data from it.  In some way, money has to become honest again.  I don’t know the best way to do this because there are so many arguments pro and con on the subject.  But it should be possible to reach some sort of consensus on what the best way forward is.  It is unlikely that any one person or small group of people have this answer.  But it is an answer that is vital to the future of humanity, IMO.

     

    • Ed, I am still holding on to the rope. With all of the world central banks networked together, how many Football seasons with massive football minutes you reckon before we all benefit from the big touchdown?

    • @Ranger

       

      LOL at the central banksters.  If ever there was a less savory group of people, I am unaware of them.  But the interesting part of that is that they both know and understand all the other central banksters out there, so do not trust each other one little bit.  If any of them has a chance to knife other central banksters in the back, I believe that they will.  This is not an organization created with stability in mind.

  5. Not a question of IF, rather WHEN….

    In the meantime we have to suffer the Commercial Bankster fools.

    But better a year early then a day late, so keep stacking and ignore their criminal games.

    And yes it is entertaining and great fantasy too.

  6. I’m not sure which bank will be the Judas Lehman Moment goat, the fiscal equivalent of flatulence in a small space followed by the  with obligatory question.  Who Cut the Cheese?

    But one of these banks will crash hard.  We will wake up one morning to read how FloozieBanc just STB.

    Willie goes funny talking about two dudes sucking up liquid courage to ‘git some’ at the local honky tonk.   But in reality SIFI has been on a steady 24 hour IV drip of high dose Cialis.

    One of these banks is going to find out that having a 84  month long QE woody is going to end badly.

    Hey Doc, ya got something for this?  Like maybe a shot?

    Cuz I gotta tell ya Doc, my pecker’s about to fall off.

     

    • I believe we are going to wake up soon to  a 5% up day in silver and the shorts are going to be transferring all they have as they try and cover into it!

      Or better yet they try and short more as it continues up to 6-7-8% by they cover it all into the inevitable rally!

  7. Sorry for off-topic comment…but did anyone else catch the name of the Move-On character working for Soros that led the paid disruptors (actors) of the Trump rally in Chicago? Ilya Sheyman. Ilya as in the long-necked golden dragon Ilyanka (Il-Ya Naga) the Shaman…”Sheyman.” Again…I tell you…the Media is creating the Ilu-Sion to program us, to believe Illusion is “real.” Ilu is Maya…Illusion/Delusion…one of the Seven Methods of Control known as “Bheda.” It is all planned.

    • Nearly hopeless …

      The great majority of populace is brainwashed to accept their government as legitimate, and denounce their sovereignty and freedom. With the fear of illusionary threads, they are hearded behind the two-headed dictator (two-party system). Complacent slaves hate the responsibility that comes with freedom and sovereignty. Outsourcing one’s thoughts to “analysts” and amassing dead metals in expectation of a “new, benevolent government” is just a symptom of mental slavery. When the mind is blind, the eyes are useless.

      Government = gubernare (latin, “to steer” , “to control”) + mente (latin, “mind”)

      As it says, government equals mind-control.

      Wake up.

       

       

  8. Jim Willie, that gloom and doom pundit, actually said that the US must lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Jim Willie is ignoring the US monetary gold reserves accessed by John F. Kennedy in the Green Hilton Agreement 8 days before his murder (see p 16). http://www.scribd.com/doc/157112633/Social-Justice-Doctrine-the-New-World-Order-and-Operation-Heavy-Freedom 
    Jim Willie has forgotten my previous comments about the Global Debt Facility containing the US international monetary gold reserves that is administered by the 188 Ministers of Finance and Development on the World Bank’s Board of Governors. Jim Willie is ignoring the press release of the Board of Governors of the World Bank and IMF announcing the Global Currency Reset:  http://presswire.com/content/1324064/board-governors-world-bank-and-imf-announce-transition-asset-backed-currencies
    Jim Willie is also ignoring the fact that I speak for the Board of Governors as Acting General Counsel of the International Bank for Reconstruction and Development and Overseer Mandate Trustee of the Global Debt Facility, containing the US monetary gold reserves.  Jim Willie is forgetting the large numbers of people that have followed this story, and that its suppression by the mainstream media and alternative media pundits like Jim Willie is only reinforcing the story now.
    Jim Willie is right that gold rules.  But this is only serving to expose the mainstream media and alternative media gloom and doom pundits as the liars they are.  The Knights of Malta traitors in the US military trying to unilaterally surrender the United States are also exposed.  The Joint Japan US Committee under the Status of Forces Agreement is now the de facto head of the military during this interregnum until the 1789 Constitution of the United States is restored.  The secret martial law and corruption in the US is now getting dismantled.
    What is more, the nations of the world know that the end of the Fed and state capture in the US is good news.  There is no crash coming when real US dollars are replacing unconstitutional Federal Reserve Notes.  There is only celebration, and hard work as the discerning people who were expecting the Global Currency Reset work with the coalition for the rule of law on the Board of Governors of the World Bank and IMF to replace fractional reserve paper currencies for currencies minted out of the gold in the Global Debt Facility and for local currencies in the villages and towns.  The Global Currency Reset has been agreed since April, 2015 https://s3.amazonaws.com/khudes/Twitter4.25.15.1.pdf
     

    • @KarenHudes

      From the link you supplied

      [PRESSWIRE] Washington DC, United States – 09 March 2015 – The Board of Governors of the World Bank and IMF announced that fractional reserve fiat currencies will be replaced with gold from a trust created at the end of World War II.


      Jose Rizal, Superior General of the Society of Jesus, and his lawyer, Ferdinand Marcos, established this trust for the benefit of humanity.  The trust also contains other precious metals, gems, and artwork.

      ————————————————————————————————————————————————————————

      In short … The Society of Jesus otherwise known as the Jesuits are the military wing of the Club of Rome otherwise known as the Papal nobility … and it is from these Jesuits who  the Knights of Malta  get their marching orders ….

      ps: It is these families of ancient Iranian bloodlines  ( Zoroastrians )   who adorn the fish head hats (dragon head – same symbolism ) and it is these elite families who have control over all corporations, governments and Monarchs and have done so for thousands of years … by way of blood ties ( marriage ) and it is these same families who control  front men like the Rothschild’s and Rockefellers etc

      I could go on and on  … for the evidence to this is overwhelming in support of this I write you …. and so their be two scenarios … one of which is you are none the wiser to this history … and are being controlled … which I believe is the case .., or you are a willing player  in this NWO … which I don’t believe … not that it matters or makes any difference … because where I see from the purpose of this world/Babylon/confusion is but a means to an end ….

       

      All the best

    • Have you seen this stash of gold left for humanity with your own eyes Ms. Hudes? You were earlier stating it was kept in the Philipines or Indonesia – I cannot recall. I have searched and searched for any indication that you are the caretaker of this global debt facility and appointed by 188 finance ministers, but come up empty handed. You banned me from your web site discussion for asking for proof. Well, you can’t ban me  here. Provide proof of what you say rather than just saying there are no ministers coming out and arguing that you are not their representative. Perhaps they don’t even know about you? Your tale is tall and you delve into matters that have nothing to do with being a lawyer for the World Bank.

  9. The Gold Standard historically has always been the standard of the ruling class tyrants and their puppet dictators.  I doubt this has changed just because Jim Willie has said so.  He and many others characterize the Federal Reserve as making stupid mistake after stupid mistake for years now.  Are we expected to believe such nonsense?  The average IQ of an economics Ph.D. is around 135 according to the internet.  That’s near the genius level.  The Rothschilds run both the east and west and their obvious move is to destroy the western middle class and make the world into a China-like dictatorship.

    Moreover, if China’s banking situation was so good why is China crashing economically as well.  The bankers in both Europe and the USA admitted they purposely orchestrated their financial collapse.  So where does the money go?  It just doesn’t disappear, but it goes into their pockets.

    http://www.parenting-healthy-children.com/the-world-financial-crisis-was-a-deliberated-both-in-europe-and-in-the-usa/

    Willie makes a hero out of Putin?  If he is such a big hero, why is he involved in co-ownership of various Russian corporations with the Rothschilds: http://www.tshirtfaction.com/?page_id=93

    What’s more Putin’s ex-wife in a German interview said that Putin was replaced while they were married?

  10. @[email protected]~~:<    It’s good to see you back again. Evil stalks the world.

    • Hi AGXIIK

       

      Without evil as an opposite to good we could not reason … understanding it takes two opposites to reason/take thought   … in effect a law … seeing when a law is created the opposite to it is also … and it is for this reason knowledge is likened to the death of innocents … in picture a path of a serpent

       

      “But of the tree of the knowledge of good and evil, thou shalt not eat of it: for in the day that thou eatest thereof thou shalt surely die.”

      Understanding that if we do not eat ( and all have ,do and shall ) we can not come to the knowledge of truth/self ….   🙂

       

       

       

    • @KarenHudes

      Forgive me .. but I intend no offence to you personally  … but understand that these Jesuits are experts in deception and  given their modus operandi it is highly likely they are manipulating circumstances which surround you … in other words steering your perceptions …

       

      This goes way to deep for me to even begin to reveal to you the treachery and deceit of these rebranded knights Templars and all their  masonic affiliates who hide behind an image of truth they know nothing about … but then who be I to judge them seeing my brother forgave them ?

       

      You need to speak with Leuren Moret  a fellow whistle blower

       

      All the best

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

  11. Thanks for the advice. The “treachery and deceit of these rebranded knights Templars and all their  masonic affiliates” is no match for humanity. Stay tuned as humanity accepts Jose Rizal’s Gift of Love.

    • @KarenHudes

       

      Just a point and a couple of questions

       

      It appears that this ( Presswire ) document implies that Jose Rizal was a black Pope ..,  which of course he was not …

      Quote

      “Jose Rizal, Superior General of the Society of Jesus, and his lawyer, Ferdinand Marcos,”

       

      And this considerable wealth you refer to that is for the benefit of humanity … has it anything to do with the AAA-777 acc  and the Spiritual wonder  boy acc and  the alpha-omega acc and where does this  10 000 metric tons of gold which Ferdinand Marcos had according to his will & testament  preserved  beneath the trade towers fit into all this confusion … which as we know was stolen just prior to 911 along with every other man and his dogs treasures ….

       

      Do you not realize it is these Jesuits that are going about stealing  gold from all and sundry Iraqi, Libya, Ukraine etc which is just the tip of the iceberg understanding that 85% of the population own nothing of value .. why the aristocrats of Europe own 60% of the land and therefor benefit from the majority government land subsidies etc   and this goes on and on … understanding they want all the land and why their crony’s in government’s are selling national parks to pay of debts etc

       

      To think that these Jesuits are going to let a horde of gold slip through their fingers is hard to fathom given the extremes they have already gone to in fleecing us thus far …

       

      Not that all this  matters seeing it is all  of proses … which is to say nothing is out of order 🙂

       

       

      All the best

       

       

       

    • @KarenHudes

       

      Just one more question accrued to me  … is there any link ( which there appears to be ) between this horde of gold you speak of and Yamashita’s gold which it is said   Truman got hold of   and used this plundered gold  to establish the FED  as in the world reserve/greenback  ?

  12. Everyone please check out Rob Kirby’s (Kirby Analytics) recent posting on the Exchange Stablization Fund (ESF) which he argues is the funding source for much of today’s market manipulation. Confirming the sources of these ESF funds may help to trace the connection, if any, between the SJs, Gen Yamashita’s loot, Hitler’s gold, and the more recent riches stolen from Iraq, Libya, etc.

    Always appreciate hearing your contributions, AGXIIK and Karen Hudes. Good to meet you, good&evil.

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