Showing posts with label Jim Willie. Show all posts
Showing posts with label Jim Willie. Show all posts

Friday, September 4, 2015

Willie: Bank Bail-ins Already in Progress

Dr Jim Willie unloaded stunning information about the imminence of bank bail-ins in the United States and theft from safety deposit boxes.
 
For additional coverage of Willie's statements, and some of our own extrapolations from the interview, follow the link below to our new website.

http://www.americanchronicle.info/home/willie-bank-bail-ins-already-in-progress.aspx?ArticleID=41&tabid=514

Copyright 2015 Tony Bonn. All rights reserved.

Monday, September 1, 2014

Is the Tide Turning Against US-Israeli Nazis in Ukraine?

Dr Jim Willie dropped another payload of incendiary information in an August 31 interview with Paul Sandhu regarding global events, particularly those in the Ukraine and in Europe. Based upon intelligence he released from his information network, the US-Israeli onslaught against the Ukrainians is suffering material setbacks with significant geo-political collateral damage to the former.
 
If Americans have a false understanding of events in the Ukraine, much of it can laid at the feet of their lazinesses, and lies told by its Nazi news controllers. The conflict is not about Russian aggression - because there is none. It is about people in the east who want to free themselves from a brutal junta sponsored by the Nazi Washington and Israeli governments.
 
The combatants in Ukraine are not those which the Western Nazi press tells its sheep and cows. The eastern Ukrainians have been fighting to liberate themselves from the Nazi Western part of the country, with Russia providing moral and material support. The Nazi press failed to report that at least 2 popular referenda occurred in Crimea and other Ukrainian provinces overwhelmingly in favor of independence from Kiev or political union with Russia.
 
Like the old Yugoslavia and Iraq, Ukraine is a mash-up, so to speak, of various ethnic groups which do not alloy well. Sensing an opportunity for more genocide, the Israelis and its US State department planned a war in Ukraine in 2011 which infuriated the Germans who saw nothing good coming of it.
 
While the US, Israel, and western Ukraine form the Nazi axis on one side of the conflict, the eastern Ukrainians and Russians have formed the other side. However, there are new developments which have surprised even us.
 
In public the Nazi press has framed the civil war as a threat to US national security demanding a NATO response. The Nazi media have refused to identify the former Blackwater, a mercenary force of the CIA and Bush Crime Syndicate, as one of the chief combatants in the conflict. They also have not reported the entrance of national forces from France, Netherlands, Germany, and other European countries who have joined the freedom fighters in the east.
 
These same newsfakers have also failed to report the collapse of the western Nazi government both politically and militarily. The demoralized Ukrainian troops are actually being routed into Russia in long surrender columns where they are fed and rehabilitated.
 
When the US-Israeli assault on Ukraine is over, they will have achieved their strategic goal of dismembering Ukraine, but they will ultimately fail in their political objectives of controlling the geography to control the flow of oil and gas.
 
Not only will the Ukrainians east and west learn that they were the marks of the US-Israeli Nazis, but the Germans and other Europeans have already come to that conclusion. Germany has been brokering a peace agreement without the involvement of the US or UK governments, both beholden to the Satanic Rothschilds.
 
The US has sabotaged peace initiatives through the escalation of sanctions and other invisible bellicose actions which are turning Europeans, especially Germany and France, away from Nazi political influence in Washington.
 
The economic sanctions which the Europeans are shouldering, but the Americans are not, has caused a deep groundswell of resentment and open opposition which German leaders have taken to heart. As Willie contends, the Germans have moved out of the American camp into the Russo-Sino orbit.
 
German commercial leaders are working hard to disengage from NATO, Washington, and even the European Union. They have close commercial ties with Russia, including heavy dependence on oil and gas, which they will not jeopardize for the Nazi war machine and genocide in Ukraine.
 
When the Nazis informed Germany in 2011 that war was  being planned for Ukraine, they responded by demanding their gold back. The Germans will never see their gold, but that act of grand theft by the Washington based Nazis was the galvanizing moment for Germany’s commercial leaders to break from NATO and the US.
 
The most recent act of Western deceit stemmed from the Malaysian flight MH17 which was shot down over Ukraine on July 17, 2014. Although the initial evidence showed that the Russians did not do the evil deed as the US Nazi press and government so vociferously claimed, more recent evidence has turned the tables completely against the Washington based lies of Russian culpability.
 
European governments have conclusive evidence that Ukraine shot down the flight as an act of war, and perhaps, in our view, to cover up the genocide occurring in Gaza by the Nazi Israelis.
 
When the US government demanded that the Europeans take down all exculpatory evidence favoring the Russians, the Germans politely told the Washington Nazis to stuff it.
 
In a sign that the tide of war is turning decisively against the Kiev government, Willie reported that a unit of the elite Blackwater mercenaries – or whatever name they currently use – was captured by the freedom fighters and is currently under interrogation.
 
With European economies already under stress prior to the escalation of sanctions, the ruptures with Washington have grown more pronounced. The Germans have decided privately that they will have no more political interactions with the government in Washington, and are poised to allow a bank failure to occur capable of causing contagion, specifically to US and British banks. They have decided that they will not allow their economy to be used as a pawn in Washington’s wars of imperial aggression.
 
The implications are staggering because it presages the death of NATO, and the sure disintegration of the EU.
 
It isn’t just the Europeans revolting against Nazi hegemony, but the Russians have fought back on many fronts, including forging closer ties with China and Germany. Putin has also committed the unpardonable sin of defying the Satanic Rothschilds from whom he has taken substantial amounts of business.
 
Just as significant is Russia’s announcement to accept payment for oil in Chinese Yuan just as the Saudis are on the verge of announcing payments in forms other than dollars. Willie has maintained that this is the imminent return of the gold standard.
 
Putin has been obstructing the heroin trade out of Afghanistan, an industry worth trillions of dollars and sponsored by official US government policy in conjunction with the Bush Crime Syndicate. Without the profits from the US heroin fields in Afghanistan US banks would collapse.
 
Willie’s most promising news comes from the 9/11 front. Putin is said to possess enormous documentary evidence proving that 9/11 was an inside job by US Nazis - ie the Bush Crime Syndicate - working under Israeli control. Some of this evidence comes from the Snowden cache, along with independently gathered intelligence by Russians and Germans.
 
We urge Mr Putin to lay forth the evidence without delay. The true story of 9/11 is that of a joint Nazi-Israeli attack on the United States facilitated by traitors of this nation using nuclear micro devices.
 
In defying the vile Rothschilds, standing up to genocide, and revealing the truth about 9/11, Putin has earned our respect, if not admiration. We wish him the best of luck in these pursuits.
 
If events continue to escalate, the Rothschild-Nazi-Israeli combine may suffer its first stalemate.
Reference
Jim Willie, Dr. Jim Willie: Important Update 08_31_14, Paul Sandhu interview, August 31, 2014, accessed 9/1/2014 YouTube
Copyright 2014 Tony Bonn. All rights reserved.

Tuesday, January 14, 2014

US On Way to Third World

The United States will be the newest member of the Third World, an arrangement made by banksters who despise this country.
 
US banksters led by Jamie Dimon, Lloyd Blankfein, the Rockefeller cabal, along with their Illuminist allies in the entertainment world have nearly completed the economic destruction of the United States. David Rockefeller openly expressed his hatred for America in his autobiography, calling for the elimination of constitutional government by his New World Order.
 
Jim Willie recently outlined some extraordinary developments with Greg Hunter of USAWatchdog which will cement America's status as a Third World nation, a devolution which began in earnest in 2008.
 
Before discussing those events, many acting as precursors have already taken place. Willie revealed that his sources tell him that 60% of Manhattan is owned by the Chinese who operate behind shell companies under the guise of American investment firms. Massive quantities of industrial plant have been transferred to the Chinese for settlement of defaulted US Treasuries which has been underway since at least 2008.
 
The most famous example of the colonization of America by the Chinese is the recent sale of Chase Plaza at extraordinary fire sale prices. Our view, informed by comments from Willie, is that the Chinese have taken over the Fed, a point supported by the fact that the new owners of Chase Plaza have a vault next door to the Fed's vault 9 stories below street level in Manhattan.
 
The Obama administration has worked feverishly to destroy the last remaining health of the US economy and finances by adding 8 trillion USD in federal debt. However, this number annualized is only a fraction of the amount spent by the Fed each month in purchasing worthless assets. Willie contends that the Fed is spending 200-300 billion USD per month on dubious assets - or at least that is the cover story. He implies that not only is the Fed buying financial junk, but that it is paying off derivatives which were triggered from the 2008 financial meltdown, and which continue to the present day, with the JPMorgan London Whale Trade being the most egregious public example.
 
With the Fed insolvent, the dollar is sure to follow into the toilet. Inflation has been running rampantly higher than what is officially reported by the American politburo. John Williams reports inflation in the 6-10% range, while anecdotal evidence shows even higher numbers.
 
But the fact of rampant inflation does not even capture the enormity of the crisis unfolding this year. The US petrodollar architecture is under severe strain - in fact it is in the process of being replaced by a petroyuan, and possibly a gold trade settlement device which will render the petrodollar and SWIFT financial payments system obsolete in foreign trade. The SWIFT system is the one the Obama regime used to punish Iran for accepting payments for oil in gold.
 
Willie described a scenario where Russia's Vladimir Putin will force the Saudis off the petrodollar in favor of a Sino-Russian pricing and payment mechanism, resulting in the sale of massive quantities of US Treasuries. The US Fed will be forced to buy them, but since the Chinese own the Fed, they will convert the defaulted bonds into US property such as real estate and industrial plant. This is the true meaning of the "full faith and credit of the United States government."
 
The new overlords of the Middle East are the Chinese. The US is in rapid strategic retreat, hanging on through its al Qaeda organization which is an operating arm of the Bush Crime Syndicate's CIA.
 
If the United States has been bested in the Middle East, it is making one last valiant stand in Africa where Willie confirmed the fighting between US and Chinese troops throughout eastern and southern Africa, where violence rages over control of minerals and the Suez Canal. Walter Reed hospital is filling up with US casualties of the Sino-American African War.
 
One of the minerals of keen interest to the US and its French lackeys is of course gold. When the Libyans attempted to halt arms running through the US Libyan embassy, Qadaffi or the Bush Crime Syndicate murdered the US ambassador along with some SEALs or other Special Forces personnel. In retaliation, the US took 144 tons Libyan gold held in London.
 
But the reason the gold was of such interest is because of the massive drain of gold from West to East, in part to settle defaulted US debt, but also to restore some of the gold stolen by US banksters who leased Chinese gold pledged in exchange for Most Favored Nation status in 1999.
 
The flow of gold out of London has been over 1000 tons per month for the past 18 months, meaning that at the very least 20,000 tons of gold - and more likely closer to 30,000 tons - have gone to the Chinese. As we have reported many times previously, the US has no more gold. There may be some gold plated tungsten in Fort Knox, but the rest of the storage is used for nerve gas, a weapon which will be used on Americans as the dollar collapse accelerates.
 
So with oil no longer settled in dollars, China writing down trillions of US debt, and massive selling of treasuries to the Chinese owned Fed, the dollar will collapse, and we have predicted that 2014 will be the day of reckoning. The implications will be immense, manifesting itself in food shortages, and gas close to 10 USD/gallon.
 
Just to make sure that you have enough change you can believe in, the Rockefeller Nazis passed the Affordable Health Care Act which was designed to invade financial privacy and to place implants in your body so that the US Nazis can track you like so much cattle.
 
We do not exaggerate when say that most Wall Street banksters - certainly the ones at the pinnacle of power - are Satan worshipping megalomaniacs. Just like Illuminist entertainers, these Satanists despise people, especially those without a certain amount of money - to be measured in billions - or who do not have Nephillim blood. We know that this sounds crazy - and we are not in the least impressed by tin foil hat jokes - but we are absolutely certain of the veracity of this report.
 
2014 is the year in which the subjugation of America is complete, Chinese control is finalized, and the New World Order is brought to a concentration camp near year. But the idea of a monolithic NWO is not accurate either - there are fissures to be sure with their resolutions a burden borne by the little people - you and me.
 
Reference
Greg Hunter interview of Jim Willie, U.S. Bled to Death by China and Harvested for its Organs-Dr. Jim Willie, January 12, 2014, accessed January 13, 2014
 
Copyright 2014 Tony Bonn. All rights reserved.

Sunday, September 15, 2013

JP Morgan Whistleblowers Reveal Blatant Manipulation of Gold and Silver Markets

King World News reported Friday in a blockbuster interview with precious metals trader Andrew Maguire that 2 whistleblowers from JP Morgan approached him with evidence that their bank actively manipulated the price of gold in contrast to the protests and ridicule denying such allegations in the state and corporate owned media.
 
Maguire told Eric King that he, and subsequently the whistleblowers, supplied solid evidence to the Commodities Futures Trading Commission that JP Morgan actively suppressed the price of gold and silver when it was in their interests to do so - which is generally a 24 x 7 proposition.
 
Maguire supplied his evidence in 2010 while the 2 whistleblowers came forward in June 2012 under the protection of the Dodd-Frank Whistleblower Protection program to furnish the CFTC with evidence of criminal manipulation of the precious metals market.
 
Although the news is sensational, it simply confirms what we, and long before us the Gold Anti Trust Association, have reported for years. GATA has presented to the public and CFTC powerful prima facie evidence of market manipulation to which the criminal CFTC has turned a blind eye because it is owned by the banking cartel doing the bidding of the Fed and Treasury.
 
When trading freely, the price of gold is a sensitive indicator of the failure of the private banking cartel, often referred to as the Federal Reserve, whose policies are deemed inflationary or ruinous to the value of the currency. But Alan Blinder, former vice chairman of the Fed stated publicly that “it is the last duty of a central banker to tell the public the truth.” His policy statement has just been exposed for all to see the corruption of the government and the private banking cartel – not just under Ben Bernanke’s leadership, but also under all of his predecessors, especially Alan Greenspan.
 
The typical means of manipulating the gold market is through the use of naked shorts which are illegal for private citizens and institutions, but which the CFTC has legalized for bullion banks to which the Fed and Treasury grant the right to lease or sell the government’s owned gold, much of which was confiscated from private citizens by Franklin Roosevelt in 1933.

It is not just government owned gold which the banks lease. They have done so with sovereign gold, such as Germany's, which resulted last year in a demand for gold repatriation. The Fed, after telling Germans to take a hike on at least 7 occasions, finally relented by telling German officials that they could have some 300 tons of their gold within 7 years. The gold is simply not there and the Germans will NEVER see their gold.
 
In 2010, Maguire reported that Asian interests entered the gold market in a massive way after learning that the market was severely undervalued due to central and bullion bank manipulations. The recent revelations by Maguire on King World News are expected to fuel another frenzied bout of buying, evidence of which was seen in the afterhours market for gold on Friday which zoomed 20 dollars per ounce in heavy trading.
 
Although the news is astonishing enough, Maguire told King that the CFTC has refused to investigate any of the allegations even with overwhelming substantiation provided by the JP Morgan employees.
 
Maguire further revealed that 2 key banks, one of which was Goldman Sachs, were on the brink of collapse when the UK sold sovereign gold to bail out the bank.
 
The undesired side effect of this policy of suppressing gold is that it has whetted demand for physical gold which has been drained from the bullion banks as Zero Hedge has so ably reported, especially in the case of JP Morgan which has exited parts of the precious metals market.

The below market prices of gold and silver will result in the inevitable failure of COMEX and LBMA, which we predict will occur within 6 months. The only caveat to our prediction is that the private banking cartel provides insider information to the bullion banks as Maguire further revealed, which may enable them to ride the second derivative, so to speak, by which they may be able to very narrowly escape a complete collapse. But we have our doubts. They have certainly gone long in recent weeks.
 
We have long maintained that gold is in permanent and severe backwardation, the consequence of the Fed vigorously defending the dollar against its ruinous policies to benefit banksters and other criminal elements. The paper price of gold has been in an unprecedented state of backwardation while the physical price has been in this state for at least 2 years.
 
Jim Willie predicts that the price of gold will at some point go dark when the COMEX officially collapses, meaning that there will be no fixed universal price of gold because the 2 major cartels will have been broken and exposed for the corrupt organizations which they are.
 
The end game is that physical gold holders will be massively screwed because the bullion banks to whom they have entrusted their physical gold will cash them out. Although this is illegal for allocated accounts, unallocated accounts such as those found in  GLD and other ETFs are fully within their contract rights to cash out account holders, meaning that the dupes who thought they owned gold will get a big surprise such as when ABN Amro stole the gold of their customers by closing the gold window. It's cousin is the bank bail-in - a topic for another post.
 
Willie has reported about extensive lawsuits in Switzerland where massive gold thefts by the bank owned government have caused outrage among their "customers." These so-called customers will NEVER see their gold again.
 
The end game is the dollar, and ultimately it is a doomed currency. In the meantime, the Fed, Treasury, and CFTC are in wholesale collusion to pretend otherwise.

Reference
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/14_Andrew_Maguire.html

Copyright 2013 Tony Bonn. All rights reserved.

Sunday, August 11, 2013

News Flash: Japanese Tsunami Result of Subterranean Explosions

Financial analyst Dr Jim Willie revealed in an unguarded moment that the tsunami which rocked Japan on March 11, 2011 was not the result of natural forces, but rather was the handiwork of Nazi fiends who control Wall Street.
 
In an interview with investment legend Turd Ferguson on August 8, 2013, Willie remarked that the Nazis detonated a massive explosion to warn the Japanese that any further enmeshment with China was against its best interests. Although we believe the story, we do not know how to reconcile it with the hostilities over the Senkaku islands which, in this scenario, would have to be another staged or contrived event. Perhaps the Japanese made the gesture as a sign that it heeded the Nazi warning.
 
Willie continued his theme that Western banks are heavily dependent upon drug money for survival. Passing along information from his well placed contacts, he noted that the US Coast Guard has been acting as an escort for drug runners with strong ties to Grumman and the CIA.
 
The CIA, in conjunction with the Bush Crime Syndicate, has been heavily involved in global drug operations since the Vietnam War when it used GI corpses to bring drugs into this country, but has become more integrated with other military branches running drugs. NATO bases’ primary function is to run drugs from Afghanistan with the Vatican acting as primary money laundering agent. The war against the Medellin drug cartel was most likely a grudge war between them and the Bush drug interests.
 
Willie recounted that Reagan’s presidential yacht regularly passed through the Panama Canal carrying drugs, an action which we ascribe to his Vice President who was heavily involved with the Mena cocaine operation supported by then Governor Bill Clinton, who was repaid for his services with the White House. Indeed Iran Contra was an operation run out of the White House under the direction of the former CIA Director.
 
Willie predicted that some of the damaging disclosures to come from American hero Edward Snowden in the coming months will relate to the massive USA drug trade, which we believe is primarily handled out of Langley.
 
One other bombshell Willie related involves the Federal Reserves’ transfer of its liabilities to the US Treasury in another act of the private banking cartel shafting US taxpayers for their financial criminality. We have maintained for some time that the US Fed is insolvent, with its bloated balance sheet full of toxic, flatulent, and utterly worthless “assets.”
 
Bernanke’s recent and public buffoonery of “he tapers me; he tapers me not” is evidence that his vaunted bag of tools and tricks to end quantitative easing – or currency debasement by any other name – are much more modest than he lets on. Under no circumstance will Bernanke taper as he has dragged the US into a mire in which the Japanese have been stuck for the past 23 years.
 
The United States faces not just a depression, but complete collapse at the hands of the Wall Street Nazis who brought about the entire sordid financial destruction. While the can be kicked forever, the feet required to kick them will give out. As we stated previously, the United States is finished as a great power.
 
Reference
Access to Access, Interview of Jim Willie by Turd Ferguson, TF Metals Report, August 8,9, 2013

Copyright 2013 Tony Bonn. All rights reserved.

Thursday, August 1, 2013

Deutsche Bank Collapse Imminent

German giant crime syndicate Deutsche Bank is nearing collapse according to Hat Trick Letter editor Jim Willie in an interview with Silver Doctors on August 1, 2013.

Deutsche Bank is in company with Barclay’s and Citibank as critical care patients who are lined up nightly at the discount window in a desperate fight to stay alive. Although the European Central Bank is probably the lead surgeon, we surmise with strong evidence that the Federal Reserve is also heavily involved in the triage among the three major banks.

Willie explained that Deutsche Bank’s troubles began with its criminal derivatives practice where it turned a sow’s ear of sovereign debt into a feces laced complex web of derivatives based on Greek and Italian debt. The German bank is at risk for nearly 450 billion dollars of losses and claims because of the difficulties with these and other nation’s so-called sovereign debt.

In addition, Deutsche Bank is part of the international criminal syndicate suppressing the price of gold in order to maintain the hegemony of the dollar. Last summer, Deutsche Bank CEO Ackerman was forced out of office when a posse of Interpol officers entered his office unannounced demanding various documents related to the debt fraud.

The CEO called a high level judge and politician pleading for relief, but they both told him that it was over their heads. What they meant was that some wealthy Chinese families had hired Interpol to exact a measure of justice in the various frauds the bank had perpetrated on them, not the least of which was the theft of massive quantities of gold.

We suspect that this action is closely related to the recent demand for gold repatriation by the Germans who asked for a mere 300 tons of their 3300 or so tons of claimed reserves. As we pointed out elsewhere, German gold is long gone and will never be seen again. Deutsche Bank was a major player in the Clinton-Rubin gold scheme of the 1990s which emptied Fort Knox.

Yet the Federal Reserve through JPMorgan is unable to deliver the gold for the very obvious reason that they leased it out years ago – a fact of which Deutsche Bank was painfully aware. The aftermath of Ackerman’s departure has seen many mid level Deutsche Bank executives turn state’s evidence as they provide a picture of the many criminal operations of the bank. But DB is not the ultimate source of the crime.

The criminal ring goes through the ECB back to London and finally to Wall Street where Nazi banksters have enveloped the world in a skein of deceit  – LIBOR rigging, Mortgage fraud, stock exchange front running, and precious metals price manipulation.

The collapse of Deutsche Bank will have a ripple effect which will make that of Lehman Brothers pale in comparison. Several other banks will fail in quick succession, with the new bail in model perfected in Cyprus as the purported solution. The United States will not escape the bail-ins.

For those of our dear readers who do not understand what a bail-in is, it is a confiscation of depositor money to make good shareholders, creditors, and senior executives when a bank is declared insolvent. It happened to the largest two banks in Cyprus earlier this year.

We have warned with all seriousness to own gold and silver and preferably outside the United States out of reach of the Nazi authorities who have full unfettered access to it in this country thanks to the full monitoring of these transactions by the NSA.

Copyright 2013 Tony Bonn. All rights reserved.

Friday, March 29, 2013

News Flash: East West Trade Wars Lead to Dollar Repudiation

Momentous economic developments have been afoot since the Lehman collapse in 2008 among the developing BRIIIC nations to unseat the US dollar as the primary payment vehicle in international trade after suffering enormously from the ruthless corruption of Western banksters.
 
Jim Willie reports in his Hat Trick newsletter that quiet preparations among Brazil, Russia, India, China, and South Africa, plus Iran and Indonesia for a Eurasian Trade Zone are nearing completion and will draw many other nations into its orbit, including Saudi Arabia and other resource rich nations seeking to break free from imperial American abuse.
 
The formation of the Eurasian Trade Zone will be accompanied by the establishment of a BRICS Development Fund which will finance large infrastructure projects in partnering nations, a partnership which explicitly excludes the United States, in part due to President Obama’s recent efforts to create the Pacific Partnership which required Japan and South Korea to exclude China. This overstep by the Obama administration inflamed smoldering resentment of imperial American dictats to the region.
 
The development fund will be financed by US Treasury paper which the Chinese, Japanese, and Russians hold in abundance.  These nations have been working in concert since 2008 to divest themselves of these financial albatrosses which have seen large devaluations and insolvencies. By using them as collateral for financing infrastructure projects, the development fund will return the treasury paper and dollars back to the US for burial, as Willie puts it.
 
In addition, the BRICS Development Fund will convert Treasury paper into gold, with American and British banks the last holders of these sub-investment grade papers. Germany is the locus of a great political conflict with an established cadre of Western oriented leaders pitted against the emerging Eastern oriented leaders who have forged much of the financial and trading infrastructure of the Eurasian Trade Zone.
 
The “exorbitant privilege” of which former French president Valerie Giscard d’Estaing spoke in the early 1970s is another source of much of the Eastern animosity. The United States has run enormous trade deficits which are not reflected in currency valuations, but which result in inflation and lost store of value for nations holding the debt and currency. The Greenspan – Bernanke administrations at the Federal Reserve have accelerated the abuse and debasement of the dollar. The United States is seen as unable to pay its debts which will double under the Obama regime.
 
Easterners are also furious with the continuous and treacherous manipulations of the precious metals markets, FOREX, and SWIFT systems, the latter of which proved to be the final straw provoking revolt against the dollar. The Petro-Dollar will disappear as the Saudis establish bilateral trade agreements with trading nations, possibly to be funded with gold.
 
Although Willie speaks of a new Gold Trade Note with a “gold core”, we see it as another flop attempt at fiat currency, though it will be marginally more attractive than the USD which is built purely on debt. In this regard, we would point any serious student of internatioal trade to Antal Fekete’s Real Bills Doctrine as a way of building a viable, prosperous, long term trade infrastructure.
 
Willie also notes the overbearing military operations of the United States to thwart these Eastern developments, and the enormous resentment against the United States due to its interference in domestic affairs of sovereign nations, all of which have been incessant since the establishment of the Rockefeller CIA.
 
The implications of these developments are staggering. The United States faces the loss of its “exorbitant privilege” and access to large foreign markets at a time when its fiscal and monetary excesses have wiped out its solvency and credibility. History shows that such nations backed into corners resort to wars to retain their vanishing prestige, but this, too, will backfire and accelerate the demise of the nation.
 
In the long run, if the ruination forecast by these events befalls the USA, and its people realize that they have been ruled by treasonous Rockefeller Empire Nazis, and they call the bluff of the two party system which these Nazis control, they might be able to redeem themselves. Unfortunately, our optimism for such an outcome is most dim.

Reference
USDollar: Ring-fenced and Checkmate, Jim Willie, Goldseek.com, 3/29/2013

Copyright 2013 Tony Bonn. All rights reserved.