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Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » Today is supposed to be the BIG DAY! 4/19/2016 ~ Dollar Collapse News! RV/GCR

Today is supposed to be the BIG DAY! 4/19/2016 ~ Dollar Collapse News! RV/GCR

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 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
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In Bid to Expand Global Market Sway, China Starts Gold Fixing

4/19/2016 03:06:00 AM  News  
China Starts Gold Fixing in Bid to Expand Global Market Sway

Bloomberg News
April 18, 2016 — 8:07 PM PDT

China, the world’s biggest producer and consumer of gold, started a daily price fixing on Tuesday in an attempt to establish a regional benchmark and bolster its influence in the global market.

The Shanghai Gold Exchange set the price at 256.92 yuan a gram ($1,233.85 an ounce) at the 10:30 a.m. session after members of the exchange submitted buy and sell orders for metal of 99.99 percent purity. Members include Chinese banks, jewelers, miners and the local units of Standard Chartered Plc and Australia & New Zealand Banking Group Ltd., according to the bourse.

China has overtaken India as the largest consumer as rising incomes and surging economic growth boosted purchases of jewelry, bars and coins. The central bank has also been adding to its bullion holdings in a move to diversify its foreign exchange reserves. The country’s plans to develop a benchmark to rival the twice-daily London auction may be hampered by capital controls.

“This is a very important development and will obviously be very closely watched,” said Robin Bhar, an analyst at Societe Generale SA in London. “But as long as it exists inside a closed monetary system it will have limited global repercussions. For a truly efficient benchmark, the market has to be as unimpeded and unfettered as possible,”he said by phone Monday.

Yuan Role

By establishing a benchmark, China is trying to increase its role in setting global prices and ensure the country’s influence matches its significance as a consumer, said Jiang Shu, chief analyst at Shandong Gold Financial Holdings Capital Management Co. The move also helps plans to develop the yuan’s international use, Jiang said by phone from Shanghai on April 15.

“Having more sway in the gold market befits the long-term strategy of expanding the yuan’s role as a global currency,” Jiang said. Shandong Gold Financial Holdings is part of the Shandong Gold Group mining company, which participates in the daily setting.

Read more: http://www.bloomberg.com/news/articles/2016-04-19/china-starts-gold-fixing-in-bid-to-expand-global-market-sway


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ate cannot drive out hate: only love can do that.”
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South China Morning post

http://www.scmp.com/business/markets/article/1937083/dealers-chinas-yuan-have-eyes-next-weeks-fed-meeting



Dealers in China’s yuan have eyes on next week’s Fed meeting
Chinese currency little changed in offshore and onshore trade on Tuesday morning, as traders wait and see whether US Fed will hint at interest rate polices at its meeting next week.
PUBLISHED : Tuesday, 19 April, 2016, 2:11pm
UPDATED : Tuesday, 19 April, 2016, 6:36pm
Comments: 5 




Jennifer Li

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The yuan moved little in offshore and onshore trade on Tuesday morning as dealers waited for the US Federal Reserve — central bank for the world’s largest economy — to give indications over its interest rate plans.
The offshore yuan in Hong Kong was at 6.4818 to the dollar at 11.22 am, 0.02 per cent or 11 points stronger from a day earlier. The onshore yuan in Shanghai traded at 6.4717 against the dollar at the same time, 28 points, or 0.04 per cent, weaker from its Monday close. That was even with China’s central bank setting a higher reference rate.
The Peoples’ Bank of China set the yuan mid point on Tuesday at 6.4700 against the dollar, up 87 points or 0.13 per cent from a day earlier. That’s the highest since April 13.
Jasper Lo, chief executive of King International, said the yuan is likely to trade flat this week barring any unforeseen events as the market is waiting to see what the Fed will say at next week’s meeting.
“Market watchers have somewhat reached a consensus that the Fed will not raise the interest rate in May, but they expect Fed Chair Janet Yellen to give some direction on whether a rate hike will come in June,” Lo said. He added that the trading volume of the “redback” remained slim in Hong Kong.
China’s 6.7 per cent annual economic growth in the first quarter was in line with market expectations and may support the currency in near term, Lo said.
Although the yuan seems to be stable against the greenback, the CFETS RMB Index, which tracks a basket of currencies, continued to drop and fell to 97.38, an all-time low, on April 15, according to the latest data from the authority.
“That is not a surprise, as the yen jumped quite a lot recently,” Lo said. “In fact, except for the pound, some major currencies have appreciated a little against the US dollar.”
The yen traded at 109.09 to the dollar, down 0.25 per cent from a day earlier. The Japanese currency has risen 2.3 per cent so far this month.


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Collapse Looming? Fed Issues an Ominous Warning to JPMorgan Chase and Leaders Flock to Secret Meetings

Posted on April 19, 2016 by Daisy Luther

Tick. Tock.
Do you hear that? It’s the clock on the time bomb, and it appears to be ticking relentlessly toward our economic collapse.
It seems like every day, there is a new threat to the financial well-being of the disappearing middle class in America. Of course, less affected are the members of Congress and their buddies on Wall Street. You know, the ones that put the politicians in office to get favorable decisions made on their behalf in Washington.
But if you happen to have been ignoring the folks Obama calls “peddlers of fiction” who have been warning us all of an impending economic crisis along the lines of the last financial collapse, you might want to pay attention now, because a disturbing series of events is in motion.

First of all, the Fed just issued a terrifying warning to the biggest bank in the country.

Finally, the Fed has admitted that we just can’t take another hit without incurring an epic disaster.
And by “admitted” I mean they’ve issued a chilling warning to JP Morgan Chase, the biggest bank in America.
The letter is addressed to Teflon-coated Jamie Dimon, the leader of the bank (who seems to have made a deal with the Devil to become completely immune to prosecution, no matter what he does.)
It is 19 pages and heavily redacted, but here are some excerpts that should send a chill down your spine. The emphasis is mine.
The Agencies also identified a deficiency in the 2015 Plan regarding the criteria for a rational and less-complex legal entity structure. In order to substantially mitigate the risk that JPMC ‘s material financial distress and failure would have systemic effects, JPMC should ensure that its legal entity structure promotes resolvability under the preferred resolution strategy across a range of failure scenarios. Flexibility—or “optionality”—within the resolution strategy helps mitigate risks that, if not overcome, could otherwise undermine successful execution of the strategy and, more broadly, pose serious adverse effects to the financial stability of the United States.
Then there’s this:
These divestiture options do not appear to provide sufficient optionality under different market conditions.
The divestiture options in the 2015 Plan also were not sufficiently actionable, as the 2015 Plan sections fore did not contain detailed, tailored, and complete separability analyses. For example, only one obstacle to divestiture to the [redacted] key vendor contracts was adequately analyzed; the analysis of the other key obstacles cited regulatory approvals, client communications [redacted]
This is also concerning:
JPMC does not have an appropriate model and process for estimating and maintaining sufficient liquidity at, or readily available to, material entities in resolution (RLAP model). This is notable given J?MC’s liquidity profile in its 2015 Plan, which relies on the firm’s ability to shift substantial amounts of liquidity around the organization during stress, as needed. As explained below, JPMC’s liquidity profile is vulnerable to adverse actions by third parties.
Even without a degree in finance, I know this is bad:
JPMC’s 2015 Plan relied on roughly  of parent liquidity support being injected into various material entities, including its U.S. broker-dealers, during the period immediately preceding JPMC’s bankruptcy filing. This includes reliance on funds in foreign entities that may be subject to defensive ringfencing during a time of financial stress.
Here’s the long and the short of it:
Every year, large banks must create a contingency plan that explains what they’ll do if they begin to go under. The biggest bank in the country has such a lackluster, half-baked plan that the Fed called them out on it for 19 pages and warns that their nonchalance could be responsible for the financial instability of the entire country.
PS: Since this isn’t my first rodeo, I downloaded the entire PDF. It’s funny  how things have a way of disappearing off the internet when the mainstream media wants to ignore them.  You can download it yourself too at this link:
Living-Will-Letter-Issued-to-JPMorgan-Chase

JPMorgan Chase is not alone.

But they’re not the only ones.
Bank of America and Wells Fargo also saw their contingency plans rejected. Zero Hedge reports:
Three of the five largest U.S. banks (JPMorgan Chase, Bank of America and Wells Fargo) have now had their wind-down plans rejected by the Federal agency insuring bank deposits (FDIC) and the Federal agency (Federal Reserve) that secretly sluiced $13 trillion in rollover loans to the insolvent or teetering banks in the last epic crisis that continues to cripple the country’s economic growth prospects.
Are all three banks going down?

But that isn’t even the scariest part.

In case you think it’s just a normal day at the Fed…It isn’t just these warning letters that should make you pay attention. At the risk of sounding like I’m selling Ginsu knives, there’s more.
The Great Recession Blog posted a bullet list that should blow your mind when taken in conjunction with the news above. (Be sure to read the full article – it goes into a lot more detail.) It seems that there’s enough concern to spark a flurry of secret meetings among those in power.

  • The Federal Reserve Board of Governors just held an “expedited special meeting” on Monday in closed-door session.
  • The White House made an immediate announcement that the president was going to meet with Fed Chair Janet Yellen right after Monday’s special meeting and that Vice President Biden would be joining them.
  • The Federal Reserve very shortly posted an announcement of another expedited closed-door meeting for Tuesday for the specific purpose of “bank supervision.”
  • A G-20 meeting of finance ministers and central-bank heads starts in Washington, DC, on Tuesday, too, and continues through Wednesday.
  • Then on Thursday the World Bank and the International Monetary Fund meet in Washington.
  • The Federal Reserve Bank of Atlanta just revised US GDP growth for the first quarter to the precipice of recession at 0.1%.
  • US banks are widely expected this week to report their worst quarter financially since the start of the Great Recession.
  • The European Union’s new “bail-in” procedures for failing banks were employed for the first time with Austrian bank Heta Asset Resolution AG.
  • Italy’s minister of finance called an emergency meeting of Italian bankers to engage “last resort” measures for dealing with 360-billion euros of bad loans in banks that have only 50 billion in capital.

How does this affect you?

Maybe you think this won’t affect you. Maybe you don’t have an account with anyone affiliated with JP Morgan Chase, BofA, and Wells Fargo. Maybe you aren’t an investor. Maybe you don’t have real estate. Maybe you are absolutely certain, without a shadow of a doubt, that your job is secure. Perhaps you have money in the bank, or maybe not – maybe you keep it stuffed in your mattress.
The trouble is, the money you are working overtime to make, the security you feel that you have by saving it…it’s perceived value can be completely wiped out by a financial crisis that occurs on a national level. That’s because if a huge bank like JPMC fails, lots of othe companies fail with it. Then this stuff happens:

  • Prices will go up. We’ve seen an almost unprecedented increase in the price of food over the past couple of years, even as the quality of the food available plummets. This is due to massive droughts, early freezes, and basic cost-of-living increases.
  • Unemployment will go up.  Those without jobs now are equal to the number of unemployed during The Great Depression. As the economy plummets, that number will almost certainly exceed the previous highs as businesses scramble to keep their heads above water. They’ll cut stuff to try and keep afloat, and if that fails, the jobs will be lost anyway.
  • Rents will increase.  If you don’t own your home, prepare to pay higher rent as landlords try to cover their losses of income in other sectors. Foreclosures will be on the rise, which means there will be fewer homes available.
  • Bail-ins could dip into your savings.  Remember a few years ago when depositors in Cyprus could do nothing when the banks there helped themselves to their savings in order to “save” themselves? Do you really, truly, think it can’t happen here?

The bottom line is, income will remain the same, decrease, or even disappear entirely for many of us.  Meanwhile, the price of darn near everything will go up.  Expect to pay more for things like keeping your utilities on, feeding and clothing your family, keeping a roof over your heads. Aside from that, those dollars you are carefully saving? They are only providing you with the illusion of security.
Aside from that, those dollars you are carefully saving? They are only providing you with the illusion of security.

Here’s what you need to do

Here’s what you need to do immediately in the event of either a market crash or further news of a bank failure. (Of course, if you wait until a bank failure has been announced, you may have waited too long.)

  • Take your money out of the bank ASAP.  If you still keep your money in the bank, go there and remove as much as you can while leaving in enough to pay your bills. Although it wasn’t a market collapse in Greece recently, the banks did close and limit ATM withdrawals.  People went for quite some time without being able to access their money, but were able to have a sense of normalcy by transferring money online to pay bills or using their debit cards to make purchases.  Get your cash out. You don’t want to be at the mercy of the banks.
  • Stock up on supplies.  Make sure you are prepped. If you’re behind on your preparedness efforts and need to do this quickly, you can order buckets of emergency food just to have some on hand. (Learn how to build an emergency food supply using freeze dried food HERE) Hit the grocery store or wholesale club and stock up there, too, on  your way home. As mentioned above, if you can’t get your money out, you may be able to make online or debit card purchases.
  • Load up on fuel.  Fill up your gas tank and fill your extra cans also. Quite often, fuel prices skyrocket in the wake of a market crash.
  • Be prepared for the potential of civil unrest. If the banks put a limit on withdrawals (or close like they did in Greece) you can look for some panic to occur. If the stores dramatically increase prices or close..more panic. Be armed and be prepared to stay safely at home. (Although this article was written during the Ferguson race riots, civil unrest follows a similar pattern regardless of the cause.)
  • Be prepared for the possibility of being unable to pay your bills. If things really go downhill, the middle class and those who are the working poor will be the most strongly affected, as they have been in Greece during that country’s ongoing financial crisis.  This article talks about surviving if you are unable to pay all of your bills.

For the long term, focus on information

Hopefully there’s no need to empty out your bank accounts, stock up on last minute supplies, or lock-and-load for home protection. However, if this is an actual 1929/2008-style stock market crash, you need to take your preps to the next level. If you can’t buy your necessities, you’re going to have to produce them, something that is a complete turnaround for most folks.
Information is the key. It’s imperative that you learn everything you can so that you know what you need to add to your preps. As well, it’s essential to acquire the knowledge you need to fend for yourself. Take these two steps, if you haven’t already.
#1.  Bookmark these preparedness websites. (Free)
The internet is a wonderful place, and best of all, this knowledge can be found for FREE! The more you know about crisis situations, the more ready you will be to face them. Some sites are friendlier to beginners than others, so if you stumble upon a forum where people seem less than enthusiastic about helping people who are just starting out, don’t let it get you down. Move on and find a site that makes you feel comfortable. Following are some of my favorites, and the link will take you to a good starting point on these sites. In no particular order:
Following are some of my favorites, and the link will take you to a good starting point on these sites. (Actually, it’s wise to begin increasing your knowledge even if we get a reprieve.) In no particular order:

  • The Organic Prepper (obviously!)
  • Backdoor Survival
  • Ready Nutrition 
  • Graywolf Survival
  • SHTFplan
  • Underground Medic
  • Survival Blog
  • The Survival Mom
  • Herbal Prepper
  • Prepper Website

#2.  Build your library. (Small expense)
This is where some money could come into play. Most of the time, people in the preparedness world like to have hard copies of important information. This way, if the power goes out and you can’t access the internet or recharge your Kindle, you still have access to vital advice.
Some of these books are for just such an event, while others are guides to building your self-reliance skills.  Commit to picking up a good book each pay period until you have a library to reference during any type of scenario.

  • The Prepper’s Blueprint: The Step-By-Step Guide To Help You Through Any Disaster (This is the be-all and end-all Bible of prepping.  I wish I could put my own book first, but Tess’s book is the most complete compendium out there, broken into easy, manageable steps.)
  • The Pantry Primer: A Prepper’s Guide to Whole Food on a Half-Price Budget (This is my newest book, which outlines building your pantry while on a strict budget)
  • The Complete Tightwad Gazette (While this book is about hardcore frugality, trust me, there’s crossover. There are a lot of great suggestions for creating stockpiles on a budget, living simply, and doing things the old-fashioned way. And saving money is always a good idea, so that you can use it to help you become more prepared.)
  • SAS Survival Guide: How to Survive in the Wild, on Land or Sea  (I keep this little gem in my vehicle, my bug out bag, and in my kids’ backpacks. It doesn’t go into lots of detail, but if you find yourself stranded in the middle of nowhere, this small book could save your life.)
  • The Encyclopedia of Country Living, 40th Anniversary Edition: The Original Manual of Living Off the Land & Doing It Yourself(A compendium of all things self-reliance)
  • Prepper’s Home Defense: Security Strategies to Protect Your Family by Any Means Necessary (If you can’t protect it, you don’t own it. It’s that simple.)
  • How to Survive the End of the World as We Know It: Tactics, Techniques, and Technologies for Uncertain Times (By James Wesley Rawles, who many consider to be the “Father” of the modern preparedness movement)
  • The Prepper’s Pocket Guide: 101 Easy Things You Can Do to Ready Your Home for a Disaster (Quick, inexpensive preparedness steps that anyone can take)
  • The Survival Medicine Handbook: A Guide for When Help is Not on the Way (It’s vital to have a guide on hand that doesn’t rely on 911 for serious injuries, in the event that you’re completely on your own)
  • The Organic Canner (It’s awesome to grow your food, but how will you make it last through the winter, particularly during an off-grid scenario?)
  • Prepper’s Natural Medicine: Written by my friend and colleague, Cat Ellis, this book has everything you need to know about creating your own medicine and caring for your family’s health in the event of a crisis.
  • Get Prepared Now: Written by the autor of The Economic Collapse Blog himself, this book will provide you with budget-friendly, practical, collapse-specific advice.
  • Prepper’s Financial Guide: By prolific author Jim Cobb, this book will help you figure out how to function in a post-collapse marketplace.

Be sure to check out used bookstores, libraries, and garage sales, too. Look for books that teach self-reliant skills like sewing, gardening, animal husbandry, carpentry, repair manuals, scratch cooking, and plant identification. You can often pick these up for pennies, and older books don’t rely on expensive new technology or tools for doing these tasks.

Have they finally kicked the can to the end of the road?

Things aren’t looking good. It makes me wonder if all of the quantitative easing and can-kicking has finally reached the point that they can’t push economic disaster back any further.
Daisy Luther lives on a small organic homestead in Northern California.  She is the author of The Organic Canner,  The Pantry Primer: A Prepper’s Guide to Whole Food on a Half-Price Budget, and The Prepper’s Water Survival Guide: Harvest, Treat, and Store Your Most Vital Resource. On her website, The Organic Prepper, Daisy uses her background in alternative journalism to provide a unique perspective on health and preparedness, and offers a path of rational anarchy against a system that will leave us broke, unhealthy, and enslaved if we comply.  Daisy’s articles are widely republished throughout alternative media. You can follow her onFacebook, Pinterest,  and Twitter.




Thanks to: http://www.dcclothesline.com


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 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

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The American Empire Of Debt To Collapse Before The 2016 Elections?

Posted by Lou on April 19, 2016
Posted in: Banking cabal, Corruption, Debt slavery, Federal reserve, Israel, Media, Money, World War 3, Zionism. Leave a comment

Anti-Zionist caricature “The tentacles of octopus” from the Soviet magazine “Krokodil
Source: The American Empire Of Debt To Collapse Before The 2016 Elections? | Video Rebel’s Blog
With permission from
https://vidrebel.wordpress.com

horse237

April 19, 2016
Consider these 3 quotes from Canadian billionaire Rob Kirby who buys and sells gold by the ton.
America is not run by Americans anymore.
Historically, when banks have nothing else they can do, they take us to war.
American dollars held overseas will be repatriated which will trigger Stagflation and then Hyperinflation.
Kirby noted that the Federal Reserve had 3 emergency meetings in 3 days last week.  Janet Yellen also had a secret meeting with Biden and Obama which violated American security protocols by having the President and his VP in the same location. Kirby thinks the whole American Empire of Debt will be unwound within weeks. That would mean, if he is right, maximum turmoil in American streets either prior to the Republican and Democratic presidential conventions in July or the November elections. Hillary thinks she should be crowned Empress but even she will see maximum resistance when the economy collapses.
Rob Kirby previously said the American Secret government spent a trillion dollars of its cocaine and heroin drug profits to buy that much in US Treasury bonds that had been dumped by foreign Central Banks over the past year.
See this: America’s Secret Multi-Trillion Dollar Black Ops Slush Fund
Boring but critical economic stuff:   The SGE (Shanghai Gold Exchange) will be launched officially on April 19. The Chinese have signed a Memorandum of Understanding (MOU) with SWIFT (Society for Worldwide Interbank Fund Transfer.) SWIFT is the second most used system of settling global trade after the American CHIPS system ( Clearing House Interbank Payment System.) The MOU will allow China’s CIP (Chinese Interbank Payment system) to work closely with SWIFT. Kirby believes this will marginalize the US dollar and payment system. He believes China will back their currency with gold soon after the CIP and SWIFT system merge. There are many other developments which could also lead to a Financial Crisis.
I have defined a Depression as a period in time when Unpayable Debts are cancelled en masse. We have Debt Based currencies and fractional reserve banking both of which combine to generate mountains of Unpayable Debts. In 1694 the Governor of the Bank of England William Paterson told parliament, ‘The Bank of England hat the benefit of interest on money it creates out of nothing.’
Think of a home being built and all the labor from carpenters, plumbers, electricians, general  laborers, painters, landscapers and even the architect. Now compare the wages they receive for hundreds of hours of labor to the little  work the Banker does. He sits in a room for half an hour. He increases the money supply which devalues the purchasing power of our savings, pensions and paychecks. And he receives more money from the person who signed the mortgage than all of the workers who built that home. Bankers think that is fair.
The reason why the world economy will crash is that we have many more times Unpayable Debts to cancel now than in the Great Depression or any other time in the past 500 years. This means we are headed to the most severe Depression in five centuries unless we have Debt Cancellation and monetary reform.
Rob Kirby noted that Bankers tend to take us to war. I do not think that will happen this time. The US Joint Chiefs of Staff have had direct talks with their Russian counterparts for the past several years. The Chinese parked some submarines with nuclear weapons off America’s West Coast as a warning to the Pentagon not to listen to US politicians. The Russians have decided to start deployment of their S-500 anti-missile system this year. It will be integrated with the S-400. S-500 missiles travel at 15,480 miles an hour; reach an altitude of 115 miles; travel horizontally 2,174 miles; and cannot be stopped by anything America has. Even the older S-400 has missiles with speeds up to Mach 9.5. America has no comparable weapons.
The Russians demonstrated the superiority of their Electronics Warfare System for the second time against the USS Donald Cook. In 2014 the Russians used their Khibiny ECM (electronic countermeasures system) to shut down the electronics and radar of a US ship.  On 12 April 2014, an unarmed Russian SU-24 fighter jet made twelve close-range passes over the USS Cook during a patrol of the western Black Sea. And recently: On 11 and 12 April 2016 a pair of Russian SU-24s performed several low passes on the Donald Cook in the Baltic Sea.
The Russians were demonstrating to US professional military men that war against Russia would be a losing proposition. We also learned last week that 70% of US Marine Corps aviation jets are not air worthy due to lack of parts and funds. The US spends nearly a trillion dollars a year on war. Of course $8.5 trillion of that spending went missing since 1996  but campaign cash to politicians must provide results for donors. By comparison, the Russians spend $52 billion a year  but then they don’t have to bear the burden of American politics.
Realistically, any command for war given by a US politician will result in mutiny and even possibly a coup. There cannot be a world war unless Israel starts it.
FBI Director James Comey has been hearing from members of the Society of Former Special Agents of the FBI. They want him to outline charges against Hillary Clinton for her many violations of US law due to her mishandling of state secrets with her private email system. The Department of Justice might not choose to indict Hillary. Joe Biden might even have to step in to save the Democratic party from Bernie Sanders and Democratic voters. This is highly likely if the economy drops like a rock between now and the conventions or even later before the elections because rank and file Democrats will feel the full force of an economic squeeze of the magnitude Kirby is suggesting.
Even a modest 10% spike in prices combined with mass job layoffs could stoke the political fires to a very high degree. Rob Kirby also says we will go beyond Stagflation to Hyperinflation where prices could go up 10 or 20% a month as the Dollar slides down hill in value. US politicians shipped millions of jobs overseas while accepting almost 100 million immigrants so of course wages are low. Rents and taxes are higher. Nobody wants American GMO grains. We cannot pay for our imports except by printing money. China and Russia have now announced those days  of free stuff for America are over. The American voter is in for a rude shock. But the shock to Wall Street and to the politicians and the presstitutes  will be even greater.
We will not survive without Debt Cancellation. This explains how it can stop a Depression and radically transform the world.
Debt Cancellation Is The Best Way To Take Down Bilderberg
You should never under estimate what Israel has done in the past and can do in the future.
Israel Killed JFK And Has Ruled America Ever Since.
I assume you know that Israel did 911. The Saudis and the Bush administration were working for Israel. The Democratic and Republican parties are nearly but not completely owned by Israel. Israel and the Jewish Lobby also run the US Mainstream media.
Resurrecting Israel Did 911. All the Proof In The World

Thanks to: https://talesfromtheloublog.wordpress.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

PurpleSkyz


Admin


Banking & Finance, Financial Crisis

Fiat Dollar Collapse: Are these signs that BRICS will pull it soon?

April 19, 2016 eClinik Learning Leave a comment

Prior to WTC Building 7’s “mysterious” destruction, Larry Silverstein is said to have uttered, “Pull it, pull it!”,
while the structure was still burning.
We are also told that the exact time when the fiat dollar finally crashes is when the banks tell us exactly the opposite of how the fiat dollar is actually doing.

Bloomberg Intelligence forecasted that for China to partially back Yuan with gold it would “require a price of $64,000 per ounce.”
“If China were to back its yuan with gold it would require a price of $64,000 per ounce according to a recent report from Bloomberg.
While Bloomberg give no details as to how they arrive at this figure, our “back of envelope” calculations would confirm that at its current value relative to the dollar the yuan would indeed require gold – priced in dollars – to be priced in the tens of thousands of dollars.
Chinese M1 money supply is roughly 33.64 trillion yuan which at today’s exchange rate equates to around $5.4 trillion.
Bloomberg conservatively estimate China’s gold reserves at around 3150 tonnes although many analysts believe the figure to be much higher.
In order to back $5.4 trillion yuan with 3150 tons of gold, the gold price would need to be in the region of $48,600 per ounce.
Bloomberg conclude that, at today’s prices, it would be “basically impossible” for China to fully back its yuan with gold. Indeed, at $1,200 per ounce, it would require over 126,000 tonnes to back $5.4 trillion.
http://www.maxkeiser.com/2015/06/gold-at-64000-bloombergs-china-gold-price/#7FMxSk7ARqDuf1vk.99
The recovered Global Collateral Accounts is more than just 126,000 metric tons of gold [here]. Bloomberg, certainly, will never talk about it.
Everybody is expecting that April 19, 2016, i.e. today, will be the day when China and Russia would pull the Khazarian controlled fiat dollar down.
But mere hours ago, Bloomberg posted this:
“Credit Suisse Group AG is advising its private-banking clients to bet the greenback will gain versus a basket of peers that includes the South Korean won, Taiwan dollar, Thai baht and Philippine peso. UBS Group AG said investors should buy the currency against the Singapore dollar and yen. Stamford Management Pte, which oversees about $250 million for Asia’s rich, urged clients to buy the U.S. dollar each time it falls below S$1.35.
The Monetary Authority of Singapore’s unexpected easing on April 14 has fueled speculation that other policy makers, concerned about a worsening global economic outlook, will follow suit. A gauge of 10 Asian currencies excluding the yen has fallen 0.1 percent this month. The Bloomberg-JPMorgan Asia Dollar Index climbed 1.9 percent in the first three months of the year, the first gain in seven quarters, as traders adjusted bets on the timing of U.S. interest-rate increases.”
http://www.bloomberg.com/news/articles/2016-04-18/asia-s-rich-urged-to-buy-dollars-as-singapore-fuels-easing-bets
Are Western bankers anticipating a major offensive from the BRICS through China’s public announcement of a gold-backed Yuan, and Russia’s gold-backed Ruble before the end of this month?
Bank of China did announce its plan to release gold-backed Yuan years ago…

When that happens, fiat dollar-Yuan/Ruble exchange would be severely restricted.
Both Russia and China have been buying gold in record amounts over the last few years, and have been systematically dumping US treasuries through third parties in many occasions.
They have the power to float the prices of gold and silver to free-market levels anytime they want, which Deutsche Bank recently admitted to having rigged in connivance with other players in the precious metals market.

  • Deutsche Bank Admits Rigging Gold & Silver Prices

When that happens the value of gold and silver China and Russia have will skyrocket.
Whatever the case maybe, the fiat banking crash itself has already been happening…
“It is actually happening all around us right now. Let’s just look at some examples of the stresses within the system. The ECB is facing bank failures in almost every member country. An Austrian bank just had to be bailed-in and the whole Italian banking system is on the verge of collapse. The Greek banks are already bankrupt, although no one dares to declare it officially. The ECB knows that they only have one tool left to temporarily postpone a breakdown of the European banking system and that is to further increase its money printing program.
The balance sheet of the ECB has exploded by 45% to 3 trillion euros in just the last 15 months. The Bundesbank, the German central bank, is totally aware of the predicament of the European banks. But they also know that they will be on the hook for the majority of the money printed by the ECB and therefore they are said to have indicated that they will sue the ECB if it accelerates money printing.
…  U.S. outstanding derivatives are at least $500 trillion and most of that will simply implode as counterparties fail. The Fed and the FDIC are concerned about this and that is why they just issued a warning to U.S. banks. They told JP Morgan, for example, that the bank is unprepared for a crisis and that they have no plans for winding down their derivatives. JP Morgan’s derivatives exposure, properly valued, is likely in excess of $100 trillion.
Another major U.S. problem is the Treasury market. There is a total of $19 trillion debt owed by the U.S. government. Of this amount, $6.2 trillion is owned by foreigners. China and Japan hold around $4.5 trillion in total. The third largest holder is Saudi Arabia with $750 billion. And Saudi Arabia has now threatened to liquidate their holdings if the U.S. probes Saudi Arabia’s role in the September 11 attacks. But Saudi Arabia is not the only country that could cause chaos in the U.S. treasury market.
Japan will soon need to sell its U.S. treasuries to survive a bit longer.”
http://kingworldnews.com/alert-legend-warns-all-hell-is-about-to-break-loose/
Saudi Arabia does have a standing plan to ditch the dollar early on.

  • Saudi Joining BRICS to Ditch USD

Interestingly, BlackRock, the world’s largest money manager is urging exactly the opposite…
“The U.S. asset manager wants Hong Kong Exchanges & Clearing Ltd. to change its listing rules, said Pru Bennett, head of corporate governance in the Asia-Pacific region for BlackRock. Firms that hold more than 50 percent of their net assets in cash should be compelled to give any funds above that threshold to shareholders.
The exchange’s listing rules do not set a level beyond which a company is defined to be holding excessive cash. BlackRock started its campaign after it failed to prevent a company called G-Resources Group Ltd. from selling its largest asset, a $775 million gold mine in Indonesia, and keeping the proceeds.”
So, they are now regretting they sold hard assets in Asia.
The Bloomberg article continues,
BlackRock is not the only investor in the former British colony to seek greater influence over listed companies. David Webb, a publisher and activist investor, is trying to make firms invest in productive projects, rather than holding lots of cash.
http://www.bloomberg.com/news/articles/2016-04-19/blackrock-asks-hong-kong-to-stop-listed-companies-hoarding-cash
In short, they want Western companies to release cash to Asians, whom they are now prodding to buy fiat dollars at the same time, as stated above. Both articles were published by Bloomberg just hours in between.
Incidentally, while the fiat financial structure is still burning, two international banks are reported to be joining this impending Yuan gold fix…
“Two international banks will join the proposed Chinese yuan gold fix, which is expected to be launched in less than a week, according to media reports.
Wednesday, Reuters reported that ANZ and Standard Bank will be the only two international banks that will be involved in the daily gold auction, with a total of 18 banks participating. Both banks have gold import licenses into China.”
http://www.forbes.com/sites/kitconews/2016/04/13/chinas-yuan-based-gold-fix-to-include-two-international-banks/#45ef925e73b7
Aside from the fiat monetary scam and bloodsoaked petrodollar, another significant source of funds for the Nazionist Khazarian Mafia is the “healthcare” industry which registered a whopping $3.09 trillion in 2014, and is projected to soar to $3.57 trillion in 2017, in the US alone. We believe that this is just a conservative figure.
We can avoid using drugs, defeat any viral attack and  scaremongering, like the Zika virus, easily by knowing how to build our own comprehensive antiviral system. Find more about it here.

Thanks to: https://geopolitics.co


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

PurpleSkyz


Admin


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

PurpleSkyz


Admin

"This Article is Huge" - Tues. AM KTFA Thoughts/News

4/19/2016 07:17:00 AM  KTFA, News, Thoughts  
KTFA

Cleitus » April 19th, 2016



This article is HUGE! Backdoc alluded to this a few weeks ago that on the 19th a launch date will be set by China for gold trading by Asian Banks. Gold Spot prices set and ready. Take off 4/19/16! Everything IS coming together globally folks. Great article Walkingstick!

Walkingstick
 » April 19th, 2016


China launches yuan-denominated gold benchmark in Shanghai

Xinhua, April 19, 2016

China launched its yuan-denominated gold benchmark on Tuesday in Shanghai as it seeks to secure more sway in the pricing of the precious metal.

The Shanghai Gold Benchmark Price (code: SHAU), is the quote for trading of 1kg, 99.99 percent purity bullion, denominated in the Chinese yuan and derived from multiple rounds of trading.

The benchmark was set at 257.97 yuan per gram on Tuesday, the Shanghai Gold Exchange (SGE) said in a statement.

The benchmark also lays the foundation for shifting bullion trading in Shanghai from mostly spot to derivatives to increase the appeal of yuan-denominated bullion trading as financial instruments for both domestic and global investors.

SGE Chairman Jiao Jinpu said the launch of the benchmark offers the opportunity to develop bullion trading in China's financial markets and encourage more participation by global investors.

Standard Chartered Bank (China) Ltd. and ANZ Bank (China) Ltd. are among 12 fixing members for the benchmark trading. The other ten members are domestic banks.
The trading margin is set at 6 percent and transaction fees are exempted until June 30 this year.

http://www.china.org.cn/business/2016-04/19/content_38280688.htm

Walkingstick » April 19th, 2016


China launches yuan gold fix in bid to be price maker

4 Hours Ago

China on Tuesday launched a yuan-denominated gold price fix in its bid to become a price maker in a market dominated by London and New York.

Listed on the Shanghai Gold Exchange, the benchmark price is derived from a 1 kg-contract and was set at 256.92 yuan ($39.70) a gram on Tuesday, Reuters reported. The price will be set twice a day.

China is the world's largest gold producer and jostles with India for the tag of the biggest consumer of the precious metal globally.

Eighteen institutions including top Chinese banks such as Bank of China and ICBC, as well as Standard Chartered and ANZ will join the benchmark fixing.

The yuan gold fix will come up against the London Bullion Market Association's spot benchmark set twice a day with 12 participants.

Swiss trading house MKS' chairman Marwan Shakarchi said China's growing consumption of gold supports the set-up of the fix.

"To have a benchmark price in renminbi ... will help both consumers and producers in this part of the world," said Shakarchi. MKS is one of the 18 trading members of the yuan gold benchmark.

Although the impact of China's gold fix will likely be limited now in a closed monetary system, there is potential for opportunities in the future when the currency achieves full convertibility, Shakarchi indicated.

"Ultimately...I see them uniting the (offshore yuan) CNH and CNY (onshore yuan). (The currency) will be fully convertible and it will be easier to import gold into China," added Shakarchi.

http://www.cnbc.com/2016/04/19.....maker.html

Thanks to: http://inteldinarchronicles.blogspot.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

PurpleSkyz


Admin

China Implements GOLD FIX – So much HUSH in US

Posted on April 19, 2016 by lozzafun
~@ Just received a call from a well informed source who works internationally and has been watching, the international monetary scene intently! … This is BIG and  yesterdays headlines seem to foretell, what we are seeing today… If we don’t make an active attempt to find the info, we may be among the last to know….  

SOURCE

China launches its first gold ‘fix’
By Asia Unhedged on April 19, 2016
The “fix” is in.
In an effort to have greater access and control over the international gold market, China, the world’s biggest producer and consumer of gold, announced on Tuesday it launched its own benchmark, or “fix,” for the price of gold.

The Shanghai Gold Exchange, which operates the benchmark, set the price for 99.99% gold at 256.92 yuan ($39.71) per gram, it said on its website. This was marginally higher than the international price at the time, according to goldprice.org.

“China needs a gold benchmark that reflects local market flows and reduces gold’s price dependency on the US dollar,” Roland Wang, managing director of industry group the World Gold Council in China, said in a statement.

“An Asian-focused, yuan-denominated benchmark will significantly increase the liquidity and efficiency of the gold price,” he said.

Last year, mainland China’s demand for gold was 984.5 tonnes, with jewelry at 783.5 tonnes, and bars and coins at 201 tonnes, according to the World Gold Council in China.

Analysts said denominating the gold fix in China’s own yuan currency is aimed at increasing international use of the unit.

“Having more sway in the gold market befits the long-term strategy of expanding the yuan’s role as a global currency,” Jiang Shu, chief analyst at Shandong Gold Financial Holdings Capital Management, told Bloomberg News.

In December, Jiao Jinpu, the head of the Shanghai Gold Exchange, said that launching a yuan-dominated benchmark for gold would promote “internationalization” of its business.

The exchange has said it ‘s looking into creating yuan-based benchmarks for other precious metals including silver, platinum and palladium, according to domestic media reports.



Thanks to: https://lozzafun1.wordpress.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

topspin2


From all appearances, this is with the full consent and assistance of the Fed and all other global decision makers...This has been planned out for years and is strictly a business decision....Nothing but business as usual......

PurpleSkyz


Admin
yeah monkey business. or should I say reptilian business

Unless I missed it there sure does not seem to be much in the way of change here today except more media manipulations. It really is just all carefully placed and planned just like you say tops.

and it is really pissing me off. :)


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

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