China is recasting large gold bars into smaller kilogram (2.2 pound) size bars in preparation for a world trade system in which dollars are either near worthless or refused as legal tender outside the United States.
This recasting program began before the Chinese representatives agreed at the Bilderberg 2012 meeting to allow America to default on its debt by devaluing the dollar.
They are recasting each 400 ounce bar into approximately 11 1/3rd smaller bars of the kilogram size.
You might ask what those bars will sell for after devaluation. At $1,600 an ounce, a 400 ounce bar is currently worth $640,000 and will buy a lot of oil at $86 a barrel.
When the Chinese and the nations controlled by the Bilderbergers devalue the dollar, kilogram size bars will go up in value. Jim Sinclair says a gold exchange standard could not work until one ounce of gold sells for $12,000. That kilogram bar would cost (35.274 X $12,000) and buy more than $420,000 of oil at an as yet unknown price. Suppose after devaluation a barrel of oil costs $420. That would mean a kilogram bar could soon buy a 1,000 barrels oil which is to be compared to today’s $640,000 400 ounce bar.
Americans need to understand there will soon be a day when they will need a kilogram of gold to buy things from overseas.
Everyone remembers the New York stock market crash of October 1929.
But that is not when the Great Depression started. There was a recession
in 1929 as there was after the US Congress was bullied into voting for
Bailouts in October 2008.
The Great Depression did not really get going until the Rothschild owned Credit Anstalt bank in Vienna declared bankruptcy on May 11, 1931 and the British pound was devalued four months later on September 21 when they suspended the clause of the Gold Standard Act of 1925 requiring the Bank of England to sell gold at a fixed price.
That initial 25% devaluation happened after the British fleet mutinied over pay cuts that were far harsher for ordinary sailors than for admirals. We might look back at the collapse of MF Global on Halloween 2011, the forthcoming collapse of the euro and the implosion of a few hundred trillion dollars in derivatives and Credit Default Swaps as similar trigger points this time.
The Great Depression did not really get going until the Rothschild owned Credit Anstalt bank in Vienna declared bankruptcy on May 11, 1931 and the British pound was devalued four months later on September 21 when they suspended the clause of the Gold Standard Act of 1925 requiring the Bank of England to sell gold at a fixed price.
That initial 25% devaluation happened after the British fleet mutinied over pay cuts that were far harsher for ordinary sailors than for admirals. We might look back at the collapse of MF Global on Halloween 2011, the forthcoming collapse of the euro and the implosion of a few hundred trillion dollars in derivatives and Credit Default Swaps as similar trigger points this time.
The Great Depression became much worse when international trade
collapsed after the September 21, 1931 British default. This literally
resulted in the death by starvation of tens of million of people around
the world.
By recasting large gold bars into smaller ones, China is simply preparing for a collapse in trade. My regular readers know I commented on the recent Chinese purchase of the London Metals Exchange which sets gold prices. They have been buying up gold and silver bullion bars everywhere they can find them. They are even buying mines and shipping the entire output to the mainland. China is also preparing for the coming collapse by buying farm land all over the world.
Contrast this to the people who own the US government. They had Ben Bernanke loan them 7 trillion dollars at 0.01% interest so people like Blythe Masters at JP Morgan could buy food in the futures market. This allows her to run up the prices people pay at the grocery store without increasing the production of food.
China is acting in two ways to provide for their people that the Bilderbergers are not doing for the people of America and Europe. They are buying farm land to import food and recasting smaller kilogram gold bars so they can continue importing and exporting to provide jobs for their workers.
By recasting large gold bars into smaller ones, China is simply preparing for a collapse in trade. My regular readers know I commented on the recent Chinese purchase of the London Metals Exchange which sets gold prices. They have been buying up gold and silver bullion bars everywhere they can find them. They are even buying mines and shipping the entire output to the mainland. China is also preparing for the coming collapse by buying farm land all over the world.
Contrast this to the people who own the US government. They had Ben Bernanke loan them 7 trillion dollars at 0.01% interest so people like Blythe Masters at JP Morgan could buy food in the futures market. This allows her to run up the prices people pay at the grocery store without increasing the production of food.
China is acting in two ways to provide for their people that the Bilderbergers are not doing for the people of America and Europe. They are buying farm land to import food and recasting smaller kilogram gold bars so they can continue importing and exporting to provide jobs for their workers.
Let’s compare this to what the bankers have planned for American
workers.
Last week Americans saw US Army tanks in the streets of St Louis. I have written of this previously. The martial law exercises in St Louis and in Connecticut were designed to protect wealthy Jewish neighborhoods from blacks while simultaneously sacrificing poor whites who do not live in those protected and exclusive communities.
This is designed to inflame a race war as soon as the nationwide food riots begin. I might point out that Connecticut is the home of many Jewish owned Hedge Funds. Hedge Funds have trillions of dollars in assets.
Last week Americans saw US Army tanks in the streets of St Louis. I have written of this previously. The martial law exercises in St Louis and in Connecticut were designed to protect wealthy Jewish neighborhoods from blacks while simultaneously sacrificing poor whites who do not live in those protected and exclusive communities.
This is designed to inflame a race war as soon as the nationwide food riots begin. I might point out that Connecticut is the home of many Jewish owned Hedge Funds. Hedge Funds have trillions of dollars in assets.
You might ask those who think their government loves them and would
never forsake them this question: What plans for your future has the
Bilderberger occupied federal government made for you in case of an
economic collapse other than setting up a martial law surveillance state
and printing dollars by the tens of trillions both of which will make
your life absolutely intolerable?
Martial law will shorten your life should you be designated to be a troublemaker by the bankers and their minions.
Martial law will shorten your life should you be designated to be a troublemaker by the bankers and their minions.
I can absolutely guarantee you nationwide food riots will begin as
soon as the dollar is devalued. Michael Hudson said more than a year ago
Obama planned to raise prices and therefore cut wages 30%.
I have predicted that in a months after the devaluation prices will double and your wages will be cut in half. Hudson also said this wage cut will not work. Bank fraud makes living very expensive in America. 12 million jobs and 50,000 manufacturing plants were sent overseas by NAFTA. Thus the people have nothing left but government jobs, contracts, wars and Bailouts by printing increasingly printing worthless dollars. This system will not last much longer. Increasingly bold bank frauds mean Americans cannot compete with foreign nations even after their wages are cut in half.
I have predicted that in a months after the devaluation prices will double and your wages will be cut in half. Hudson also said this wage cut will not work. Bank fraud makes living very expensive in America. 12 million jobs and 50,000 manufacturing plants were sent overseas by NAFTA. Thus the people have nothing left but government jobs, contracts, wars and Bailouts by printing increasingly printing worthless dollars. This system will not last much longer. Increasingly bold bank frauds mean Americans cannot compete with foreign nations even after their wages are cut in half.
I need to repeat my oft said opinion that the bankers want America to
lose World War III. The bankers know America’s military is weakened
because they have been in constant wars in several nations for more than
a decade. The American Teleprompter Reader in Chief has threatened both
Russia and China as well as their ally Iran for no readily apparent
rational reasons. If WW III does break out, America’s supply lines will
stretch all the way to China. The Chinese will be asked to sell us war
supplies on credit to kill the soldiers of their strategic allies. Not
likely. More likely is that the bankers want America to lose the war so
Americans can never demand the return of the tens of trillions they
stole from them.
American soldiers have had 3 to 6 and even 9 combat tours. One man
committed suicide rather than go back for a tenth tour. He said, “God
will never forgive me for what I have done.” More soldiers die from
their own hand than are killed by the men and women who resist
occupation in the at least ten nations where US troops are currently
deployed. This is the army that is supposed to be turned against the
American people when the food riots begin.
Let’s not forget to compare the other ongoing preparations the
Chinese have already made for their people to the previously announced
US government plans.
The Department of Homeland Security announced the purchase of 450 million rounds of 40 caliber hollow point bullets. (A 40 caliber handgun barrel is 0.4 inches or 10.16 millimeters wide. ) These hollow point bullets are illegal to use against foreign troops in combat but are to be used against civilians in the US.
DHS also bought armored mobile checkpoint boxes and bullet proof boots for the Transportation Security Administration.
The TSA is supposed to stop and search Americans on the highways who are fleeing the cities after the nationwide food riots have destroyed every major American city.
Also well known are the 30,000 drones allocated to surveil American citizens. The majority of these are to be armed just like the ones the US is using to kill Muslims from Yemen to Pakistan.
The Department of Homeland Security announced the purchase of 450 million rounds of 40 caliber hollow point bullets. (A 40 caliber handgun barrel is 0.4 inches or 10.16 millimeters wide. ) These hollow point bullets are illegal to use against foreign troops in combat but are to be used against civilians in the US.
DHS also bought armored mobile checkpoint boxes and bullet proof boots for the Transportation Security Administration.
The TSA is supposed to stop and search Americans on the highways who are fleeing the cities after the nationwide food riots have destroyed every major American city.
Also well known are the 30,000 drones allocated to surveil American citizens. The majority of these are to be armed just like the ones the US is using to kill Muslims from Yemen to Pakistan.
Less well known is US Army Field Manual No. 3-29-40 Internment and
Resettlement Operations of Civilians Populations. This manual tells the
Army what to do to civilians who have been rounded up either at TSA
highway checkpoints or by the National Guard at those riots in the
cities.
A Texas based Internet radio host has been told by police officers from several cities that they were warned by federal officials to expect martial law in their towns by September or October. An English investigative reporter has told us that while working undercover that security forces told him they ere expecting something big to happen as soon as the Olympics were over. He was told this would change Britain forever.
A Texas based Internet radio host has been told by police officers from several cities that they were warned by federal officials to expect martial law in their towns by September or October. An English investigative reporter has told us that while working undercover that security forces told him they ere expecting something big to happen as soon as the Olympics were over. He was told this would change Britain forever.
All of these plans for martial law in the US are intentionally
designed to fail. Under martial law an attempt will be made to
confiscate 300 million plus guns owned by American civilians. I
previously wrote of the slide fire stock for AK-47s and AR-15s which
allow the user to fire over 700 rounds a minute in case of emergencies.
Americans will have at least 600,000 slide fire stocks in their hands
if anyone gets the bright idea of going door to door to confiscate
weapons. The real plan is to let Americans kill each other, their police
forces, the TSA and their military.
Then the bankers can cut off food and bring in foreign troops to pacify the remaining people left alive. The DHS did buy lots of incinerators capable of incinerating tens of thousands each in case those camps ran out of food or civilian inmates prove to be unruly.
Then the bankers can cut off food and bring in foreign troops to pacify the remaining people left alive. The DHS did buy lots of incinerators capable of incinerating tens of thousands each in case those camps ran out of food or civilian inmates prove to be unruly.
Compare these preparations with those of the Chinese who have been
gradually selling US Treasury bonds and using the money to buy real
assets in Africa, Asia, Latin America and elsewhere so there is no cut
off of supplies to their industries and their people when trade
collapses along with the dollar and the euro.
The US military knows the men who occupy their government are insane.
These men took over the US in a coup when they killed President Kennedy
in 1963 and consolidated their power by killing the liberal resistance
leaders Robert Kennedy and Martin Luther King Jr. They have killed lots
of other people on the Left and the Right.
These same men staged another coup on 9-11-2001 when they took down the Twin Towers with a controlled demolition after hitting them with airplanes they had electronically hijacked by remote control.
These same men staged another coup on 9-11-2001 when they took down the Twin Towers with a controlled demolition after hitting them with airplanes they had electronically hijacked by remote control.
I am convinced the US military will stage a coup before they let the bankers start World War III or starve ten million Americans to death. Yes. I know that Martin Dempsey, the Chairman of the Joint Chiefs of Staff, and the Air Force Chief are not to be trusted. But the base and ship commanders are a different breed of men.
This will be your future unless you stop the bankers.
Let me conclude with a quote I have to use until it appears in school text books to explain to the younger generation the life their parents lived and why they had to do what they did.
Let me conclude with a quote I have to use until it appears in school text books to explain to the younger generation the life their parents lived and why they had to do what they did.
The Fundamental Fact of Your Existence as a modern man or woman is
that the bankers of New York and London want to reduce you to Debt
Slavery.
Accept that fact and move on to the solution.
That is their plan for you.
What is your plan for them?
Reblogged from :http://vidrebel.wordpress.com
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