FACT CHECK #88

Hello! We hope you all had a safe and enjoyable New Year celebration.

We thought we would make our first post of the new year one from a well known and respected analyst with a stellar track record of predictions in the economic realm. The following excerpt is further corroboration among other than guru based “sources” of the reality of what is taking place among the nations to replace the USD as a trade instrument in favor of a gold convertible one .  

As for Dr Willie’s sour outlook for the USA, we can only hope that Mr. Hodges’ opposite opinion will prevail, but we need to make further inquiries to see just what is known. Many analysts are talking broadly about the GCR. Notwithstanding the recent report from Mr Hodges, the White Hats remain silent at this time. We hope to hear from them soon.

The point we make here is that there can no longer be any doubt that such changes are coming or that the Global Settlements/Global Currency Reset is real. That is pretty much a dead bang lock. Now, the issue for most people who have dinar, or who are CMKX shareholders, or who are in a prosperity program, etc., is simply, when?

We will shift our focus from proving the validity of these events. We have spent hours shooting down the false claims of “we have an RV/in country/out of country/etc.” Right now everyone is on such a high level of anticipation that fake delivery reports pretty much shoot themselves down before they have a chance to gain traction. That is a good thing.

So, we will make some inquiries as to possible timing. We will keep watching. Out network stands poised to post any news of valid events germane to this undertaking as soon as it is received. Until then, enjoy Dr Willies’s brief:
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GOLD MARKET EFFECT

The Gold Trade Settlement system is moving closer to reality each month. No amount of pressure and obstruction can prevent its progress, its development, and its evolution. The movement to create a non-USDollar alternative to trade, with serious banking reserves management system consequences, will not be deterred or halted. The Global Currency Reset is an extremely complicated undertaking for the major nations of the world. Most people, and many analysts, believe it involves the currency market and the banking systems. That is true enough. However, my informed sources indicate that the entire Reset initiative involves around 8 to 10 very complex, very thorny, very disruptive factors. The fallout from the reset will bring changes to the world order, changes to the balance of geopolitical power, changes to castle lords, changes to Third World residence, and great unclear threats to nuclear proliferation. To regard the main items as currency exchange rates and defaulting banks is painfully naive, but all too prevalent. The reset initiative must be done with respect to careful agreements forged and delicate recalibration of the global balance of power. Both sides possess nuclear weapons and other nefarious devices like electro-magnetic pulse weapons.

 The winner will be the Gold Market. The loser will be the United States, the United Kingdom, and Western Europe. These regions will tiptoe into the Third World if lucky, and fall head first into the Third World if not careful. They should have thought more fully about the Chinese Most Favored Nation pact back in 1999. The low cost solution as center piece to globalization effectively destroyed the Western economies, by removing the industrial core. It was far more carefully planned than the great majority of people believe. The ultimate goal in my opinion was to wreck the cradle of capitalism in the United States. The compromise was to create the newly industrialized Chinese superpower, which will fall victim to fascism soon enough. It is the natural course, given human nature and the proclivity toward corruption, inefficiency, power, and greed. The winner will be Gold. It will reign over banks again. It will serve as arbiter over trade again. Its bright yellow lights and strong whips will emanate from the East.

 by Jim Willie CB                                                                               December 6, 2013

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Here is a subsequent post from Dr Willie on the same subject. Thank you to reader David for reminding  us about this. We posted the above first to get the chronology right, or at least try to! 🙂

“But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. It will feature Turkish intermediary function in provision of gold bullion to counter-parties. It will feature decentralized transactions on a peer-to-peer basis. It will feature the BRICS central bank, where emerging market reserves held in USTBonds and other toxic sovereign bonds will be redeemed for Gold bullion. The year 2014 will see important changes to global trade, in a major Paradigm Shift. The movement of gold eastward confirms it. The USGovt shutdown (debt default) confirms it. The indirect audits of warehouses by the Eastern powers confirm it. The hostility between the United States and Saudi Arabia confirms it. The rise of the Nat Gas Coop confirms it. The new Shanghai crude oil futures contract in Yuan denomination confirms it. The shift of military power in the entire Middle East confirms it. The year 2014 will be tumultuous.”

http://www.silverdoctors.com/jim-willie-return-of-gold-standard

21 thoughts on “FACT CHECK #88

  1. Does this sound familiar guys/ladies

    http://www.examiner.com/article/dollar-panic-expected-2014-as-foreigners-dump-their-currency-holdings

    January 7, 2014

    On Jan. 5, economic analyst John Williams of ShadowStats spoke with Greg Hunter in a recent interview regarding events for 2014, and the coming financial crisis forecast for this year. During the 30 minute interview, Williams confidently predicted that this will be the year that hyperinflation begins to occur in America, primarily due to a dollar panic event sparked when foreign holders of dollar assets begin to dump them back to the U.S. and the Fed monetizes trillions of dollars in an attempt to absorb those assets.

    “Greg Hunter: And what about the dollar panic? You think at some point this year that there is going to be a dollar panic? You don’t know when, but you think people will be panicking out of the dollar?

    “John Williams: I would say that is the proximal trigger of starting the much higher inflation, and moving us into the early stages of hyperinflation.

    “GH: And you are calling for a dollar panic in 2014?

    “JW: Yes. I can’t tell you if it’s going to be next week… it could be. I would expect it in the early part of the year as opposed to the latter part of the year.

    “What we have working through the system here, are all the problems from 2008. They generally have no been resolved… they were plastered over and pushed into the future. Along with all the issues in the global markets about wanting to hold the dollar… it’s a confluence of factors, almost a perfect storm. – USA Watchdog”

    Walter J. “John” Williams was born in 1949, and received an A.B. in Economics, cum laude, from Dartmouth College in 1971. He was awarded a M.B.A. from Dartmouth’s Amos Tuck School of Business Administration in 1972 where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies. His long standing website, ShadowStats.com, uses pre-Clinton era methodologies to determine true economic indicators based on the same methodologies used in the U.S. during the Great Depression, World War II, and the decades following.

    John Williams is not the only economic forecaster to believe that 2014 will see a major financial crisis that will threaten the dollar, and perhaps usher in a new global currency structure. Dr. Jim Willie, an statistician from Carnegie Mellon, forecast that 2014 would see a global currency reset, and the introduction of a new gold-backed trade currency that would remove the dollar as the reserve currency in international trade.

    2013 was the year of preparation for many industrialized nations, including 23 which have created new Swap Lines outside the dollar, to begin a transition into a new financial structure and away from U.S. hegemony. Beginning in September of 2012, when China and Russia forged a new alliance where nations around the world could buy or sell oil in currencies other than the dollar, new trade pacts in the Far East and amongst the BRICs nations have sprung up which allow for a bypassing of the dollar in direct trade for over 40% of the global population. These new alliances create an environment ready for an instantaneous transition to a new global economy and currency, and a ‘de-Americanized’ world.

    In August of last year, China and Japan dumped $42 billion in dollar assets onto the market, and the financial upheaval from that small amount was enough to cause former Fed Chairman Ben Bernanke to end rumors of a September taper, and instead shock the world by continuing QE at $85 billion per month. The $42 billion sold by both China and Japan was the most dollar assets they had dumped in many years, and represent only a small percentage of the several trillion each nation currently holds in Treasuries and other assets. Should each nation, especially as their own economies begin to recede in economic growth, choose to sell much greater amounts of Treasuries in a short amount of time, it will trigger the dollar panic event John Williams predicts for 2014 and cause the Fed to increase QE to much higher levels, thus creating the hyper-inflationary event he ultimately sees for America this year.

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  2. I have what is maybe a silly question, but what exactly are these PP’s (prosperity packages)? And who are they for? Who will disperse them and how much $$?

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    • Abby,

      The term “prosperity program” can mean at least two distinct things within the realm of our territory.

      The first meaning is that of funds that are to be released to whatever beneficiaries for the disbursement of creating infrastructure projects in society. They are called prosperity programs in this sense because the job creation that would stem from such projects would certainly flood the job market with a high number of good paying jobs requiring skills of all kinds, from labor to engineering.

      The second meaning refers to several bank roll programs that were offered years ago under different names. Omega and Freedom were two popular ones. There were most likely many that were outright scams mixed in with the ones that had legitimate bloodlines.

      We can only await the GCR to play out to know why these programs were so badly delayed. Details are very hard to come by.

      Thank you!

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  3. WHA ..you statement above is exactly what I’ve also seen from that same ”source”. A lot of double talk and fllip flopping; first with the (false) expressed hope for dinarians, then next posting consists of ”calling us lazy and wanting unmerited gains” and a hearty smack-down to all the hopefuls. And between the lines I knew early on what their real feelings were.
    On the one hand admitting we’ve all been stolen from by those who have by now hoarded all our wealth to put us at the bottom of this stinking barrel……and then telling us ”we are wanting (back) the wealth that we don’t deserve’. More flip flop and leaving out all the backdrop of just why (and who) made us flat broke! Now if that can’t be seen out of that blog source, then a second look is very much needed, lol.
    That smoke screen talk just didn’t wash with me, and they knew it, and so I’m not permitted to post over there, LOL.(it was termed as being disrespectful, lol.)
    Truth needs to be told, no matter what it is.
    Again, some good posters in here and that’s a good thing. And I look forward to hearing Tony’s Report, upcoming.

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  4. Much, some say all, of what we perceive the world to be is coming from us rather that at us from the outside. If even a tenth of this is true, it makes crucial, logical sense to overwrite the blame and fear and rage with courage and positive action… Many worldviews overlap and the bleed-through can pose enigmas. We will prevail. We will.

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  5. Oh wow ! Do NOT tell me that at this last moment, that our Reset/RV will just go down the drain.
    I don’t have any of the PP’s and didn’t get in on any of Freedom or the others back then.
    None of this makes any sense at all, especially since CL has given so many speeches about leveling the playing field and improving the well being of the peoples of the world.
    Need some definite clarification quickly, regarding dinar and dong. This is sounding like ”somebody sinister has paid off somebody at IMF”. How can any entity just up and decide to declare monetary bills to be ‘no good’ ….just like that?? And then what about all those who already ‘cashed in’?
    I said a long time ago that was suspicious that ‘they’ would try to find a way to let the big shots get the benefit, and to keep out ordinary people. THIS just will not do.
    Rockville……can you give us a reference as to the information you posted?

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      • AC, thanks, however the can auzzie blog is the very blog that made these unsubstantiated statement; the very blog which i was speaking about, above. Having an ‘agenda’ of sorts. At times subliminally injecting the idea of a new future whereby people ‘will be implanted with replacement parts, including mental, to ‘make them smarter’ etc, and ultimately with the idea that man can be made to live forever’.
        And I find much of this underlying agenda to be downright dangerous, an attempt to remove the ‘human’ parts of mankind that ‘they’ find unsuitable to them, and turning them into partially mechanical. (controlled thinking?) In fact I read an article about this in an unpublicized magazine, providing names etc., but dang if I can find it right now. Hope I didn’t throw it out accidently.
        When you couple this with O Care and the hidden controls over people, the dangers can be seen even more clearly. This is all part of the New World Order, even though it is denied. Add to this small tidbit all the other outrageous things we all know about, it just adds more paint to an already ugly picture.

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  6. Does the following below apply to Freedom Program and the PP ?

    From good Political and IMF sources we have just been advised that the IMF are contesting to stop both Dinar and Dong deals, on the grounds that it will represent a vast distribution of unearned wealth to the undeserving US Public.

    Simple reality, they feel that no Americans should be allowed to cash in on the deaths of millions and destruction of nations. So, as this is still as yet unclarified, will the IMF now attempt to introduce a new currency bypassing all the Speculators? Clearly, a Political battle will rage now. A ravaging and mercenary Pentagon hoard will be far from happy if now denied their vast, ill gotten war crimes gains. Nothing is decided but clearly its a new spoke in the wheels. Morally of course, the IMF are right. But, Politicians don’t do moral values. So what chicanery now?

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    • Hello,

      It is our understanding that the IMF has nothing to do with the WGS whatsoever. I have that on my list of things to clarify. I cannot say that the IMF has anything to do with prosperity programs like Freedom, since we get very little information about Freedom these days. My guess is they do not.

      Someone is certainly trying to stop it all as evidenced by Mr. Hodges’ report. It seems the good guys are gaining the upper hand. We just cannot give a day and time to all to be done. We simply have not been given one that we are sure about.

      I hope to have more clarification this week.

      Thank you for your post.

      Like

    • I saw that posting earlier this morning: http://canauzzie.blogspot.ca/2014/01/urgent-news-flash-dinar-dong-and-imf.html

      IMHO, this is just yet another “fear alert” backed by NO evidence, NO proof, NO details… just SHOCK value!

      “Good political sources” with NO names, websites or email addresses,
      + “Good IMF sources”… with NO names, websites or email addresses,
      + “Clearly, a Political battle will rage now”,
      + “A ravaging and mercenary Pentagon hoard will be far from happy”
      = NOTHING MORE THAN UNSUBSTANTIATED LIES AND DECEPTIONS.

      I am genuinely starting to hate “truth bloggers” more than I hate the “crooked banksters.”

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      • Smart analysis.

        We are going to make inquiries on IMF involvement. Many things have changed in the last few years. Back then we were told the IMF was not involved with the GCR. We will see if we can find out their involvement and thus any issues with them stopping anything. We know who to ask. Allow some time and we will bring forth the correct information for you.

        Thank you.

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      • If I may speak freely, the ‘man behind the curtain’ of that blog, is very much against ordinary americans having anything that they ‘havent worked for’. Sorry to say this, but I’ve seen an agenda there for quite some time. I very much agree that there is no substantiation for such claims and too much of it seems to be another part of the propaganda/agenda which has all along tried to persuade people away from this benefit and toward the mindset of ‘desire to work hard’. (we are not all nieve and gullible)
        Thanks to Tony again, for looking into this for us, so that we can get at the Real truth. I don’t know where else we could possibly find it.

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        • Hi,

          Thank you for your comments. I have to say there is something else that is interesting. The same “source” of this article is the very same who says there will be no RV and for dinar holders to stop dreaming.

          If that is the case, and the dinar/dong holders simply never stood to gain such value, then why would the IMF have to take actions to stop the payout to millions of dinar/dong holders because they just don’t deserve it? What don’t they deserve? The millions that they claim was never going to happen in the first place?

          (scratches head)

          I hope to drop a dime this week and get the facts.

          Like

  7. Pingback: FACT CHECK #88 | FREEDOM MINDS FOR THE REPUBLIC

  8. Astounding stuff. Tony, or anyone, I’m curious as to just how the lives of us common u.s. citizens will be impacted. For one thing, how safe will our money be here in our banks after we get it or our environmental standard of living, etc.
    It is beginning to look like a real shift in economics is in full swing, things going on in the background. I also now wonder if we just may be coming under the BRIC’s Central Banking System. Hmmm
    Maybe more in-depth info will be coming forth regarding these things.

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  9. FYI… subsequent to your excerpt from Dec. 6th, Jim Willie added more details on Dec. 27th, inc. this doozey:

    “But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. It will feature Turkish intermediary function in provision of gold bullion to counter-parties. It will feature decentralized transactions on a peer-to-peer basis. It will feature the BRICS central bank, where emerging market reserves held in USTBonds and other toxic sovereign bonds will be redeemed for Gold bullion. The year 2014 will see important changes to global trade, in a major Paradigm Shift. The movement of gold eastward confirms it. The USGovt shutdown (debt default) confirms it. The indirect audits of warehouses by the Eastern powers confirm it. The hostility between the United States and Saudi Arabia confirms it. The rise of the Nat Gas Coop confirms it. The new Shanghai crude oil futures contract in Yuan denomination confirms it. The shift of military power in the entire Middle East confirms it. The year 2014 will be tumultuous.”

    http://www.silverdoctors.com/jim-willie-return-of-gold-standard

    Like

    • Hello,

      Yes, thank you. We are trying to go back in time first to get his earlier remarks so we can put them in proper sequence. It is proving quite the chore, but we will catch up. The main point here is that we are certainly beyond the issue of real or not. Mr. Willie’s comments have been welcomed news. We never had reason to doubt the White Hats. It’s just that Mr. Willie’s addition joins an impressive list of unquestionable sources to remove all doubt that we are not dealing with a myth. Not even close.

      Thank you again for your post!

      Like

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