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CBI News 12/31/2023 The Central Bank of Iraq reveals the mechanism for delivering incoming remittances in the US dollar currency In implementation of the monetary policy objectives and to enable banks to meet the foreign currency needs of their customers, the Central Bank of Iraq has determined the entities covered by receiving their foreign transfers in cash in the US dollar, as of January 2, 2024, according to the following: - All diplomatic missions, organizations and international agencies operating in Iraq. - Non-governmental civil society organizations registered in the General Secretariat of the Council of Ministers, in the event that the foreign donor party stipulates that the amounts of incoming foreign transfers be paid in the dollar currency inside Iraq. - Government contracts in effect in the US dollar, and ongoing contracts for grants, loans, and foreign agreements. - 40% of the remittances received by Iraqi exporters resulting from their exports abroad. Except for what is mentioned above, banks are permitted to deliver to their customers the amounts of their transfers received from abroad in cash, from the bank’s own available resources, and according to the agreement between the bank and the customer. The Central Bank of Iraq confirmed that banks continue to open bank accounts for customers in foreign currencies in exchange for (interests/returns), and that the customer has the right to withdraw deposits and interest/returns deposited in cash. The Central Bank of Iraq noted that banks are not allowed to automatically transfer customer funds received from outside Iraq in the US dollar currency to the dinar currency except with the customer’s approval, stressing the decisions of the Council of Ministers to prevent internal transactions in foreign currency and to enhance confidence in the Iraqi dinar. Central Bank of Iraq Media Office December 31, 2023

Capture required impersonating an officer is accused of promoting counterfeit currency in Baghdad History of edits:: 12.07.2016 12:31 • 12 visits readable [Where - Baghdad] threw organized crime forces of the Interior Ministry, arrested required impersonating an officer is accused of promoting counterfeit currency in the capital , Baghdad. According to an Interior Ministry statement received by all of Iraq [where] a copy of it, that " the information available to the sub units of the Directorate - General of the fight against organized / Baghdad, crime on a person claiming to be an officer in the Iraqi intelligence apparatus, promoting counterfeit currency." He added that "after obtaining a judicial decision has been arrest of the accused and adjust Tbhozath multiple identities and device intelligence and $ 900 fake.

I would really appreciate some feed back from the members here on this article -- Your breakdown in layman's terms of what is stated and then your educated opinion - What does it all mean exactly and what "could" happen -- I know it is a lot to read - but how else are you going to ever know anything if you don't read??? Thanks in advance for those that are willing to read and comment -- UNEEK THE RESET HAS ALREADY BEGUN! Author : Bill Holter Published: January 19th, 2015 For several years there has been talk of a financial and economic “re set” coming, this is no longer speculation as the reset has already begun! The Swiss have suppressed the price of their currency, the franc, since late 2011. They pegged the franc versus the euro with a “floor” versus the euro at 1.20. After confirming this floor publicly on Monday, they abandoned it Thursday only to see the euro depreciate through the par level. What you saw on Thursday and Friday was the work of Mother Nature as the Swiss decided they would be better served by no longer battling her. The ramifications of this move by the Swiss are almost infinite when you consider the chain reactions they have now started. Several large FOREX firms including the largest retail firm in the U.S., FXCM, were rendered bankrupt overnight. Even Goldman Sachs and Citi admitted to being offside and sustained large losses. As of right now, we have no idea who “won” and who “lost”, nor do we know “how much?” We heard almost nothing from Swiss or European banks on Friday, “who what and how much?” will begin to surface this coming week. As I have written for years now, if the loser goes bankrupt, the winner does not get paid…thus turning the winner into a loser. This is a very big problem the markets ignored on Friday but will not be able to ignore as the dead bodies begin to surface. Think about this point very seriously, many investors (and firms) went to bed Wednesday evening with no stress at all on their portfolios (or their business), in just five minutes Thursday morning they were insolvent. Just FIVE MINUTES! We are only talking about “investments” here, how many other real businesses in the import and export area are now broke? Broke because they hold euros but need francs or they export from Switzerland or import to Europe and now their business model makes no sense? How is this even possible in just five minutes time? Another aspect to what and how the Swiss moved on Thursday is that of “central banks” themselves. Did the Swiss not know they were going to float the franc on Monday when they confirmed the peg publicly? Did they or did they not inform the IMF prior their actions? What about the BIS which is headquartered within their borders in Basel, surely they tipped them off? Christine LaGarde claimed in an interview with CNBC that she had no prior notice, really? If this is true then it shows the Swiss central bank has moved in an “every man for himself” type of action. It also shows the “united front” of central banks is not so “united” anymore! If Ms. LaGarde is not telling the truth and in fact the IMF did have prior knowledge, what would this mean? It would mean the central banks are finally losing control of the rig. It would also mean the central banks have distorted currencies, interest rates etc. so badly that once Mother Nature takes over, we can expect repeat performances all over the world and amongst all assets and currencies. How can I say this? I would simply ask if it is “normal” for two trading currencies to revalue 30% in five minutes or if it is not normal, what was the cause? We of course know, the cause was the actions of the ECB and SNB over these last three+ years. We have already speculated the Swiss made this move for one of two reasons. First, they may have decided the amount of euros necessary to purchase (and thus the amount of francs created) will go exponential this coming week when the ECB goes full on QE (printing). We also know that euros already make up more than half of their balance sheet. The other possibility is they know the Greek election is coming up, (the Greek banks are already experiencing bank runs) and they see the very real possibility of the Eurozone fracturing or even dissolving. Another possibility is maybe they just decided “their first loss is their best loss”? Maybe they have watched as the core of Europe has asked for their gold back and understand that “trust” amongst central bankers is waning? Maybe they simply decided to front run the obvious and necessary re set and do it on their own terms? It is very hard to say what exactly the motivation was, the important thing to understand is their action has started a re set in motion which will not be stopped! In plain English, the Swiss just yelled FIRE …while standing in the exit! I have several other questions but first I want to point out the obvious. Oil was cut in more than half in dollars over 6 months, could you say the price of oil was “re set”? How about copper? How about other foreign currencies? Could the huge moves in so many assets qualify as being “re set”? The collapse in oil and copper prices are black swans pointing to a rapidly slowing global economy. The Swiss removing their currency peg is another black swan event and in reaction to the ECB moving toward hyperinflating their currency. My biggest question now is this, what will happen when China allows their currency to float? The Swiss are one thing, China is whole different story! Think of the ramifications when it comes to trade? Another, maybe even more important question is what will happen when the Chinese “force” the price of gold and silver to trade freely? Let me explain this further. The Chinese know full well that gold IS money, otherwise they would not have spent the last several years buying almost every single ounce that came from the ground. They know it is artificially priced by New York and London. They can “float” gold in several manners. First, they can simply bust the COMEX and LBMA by bidding for and purchasing both their entire inventories within a 24 hour window. Another possibility would be to simply put out a “global bid” and state some price (much higher than current) they are willing to buy any and all gold, presto, COMEX and LBMA would be busted without them doing it directly! I recently wrote of a “Global Margin Call” where because oil and other assets, currencies, etc. have moved so rapidly, many derivatives traders have surely been thrown “offside”. This move by the Swiss is nothing different except it was done “officially”. Actually, the funny thing is they moved to suspend what they were “officially” (and artificially!) doing. The move by the Swiss has only made the global margin call that much bigger! The global re set which was already in the works is now publicly and officially happening before your very eyes. You can close your eyes or not believe this fact, it will not make it go away, nor will it insulate you financially from what is coming. To finish, and I plan to follow up maybe even tomorrow, the most important re set will be that of gold and silver prices. I say “most important” because these are the only “tools” available to you as an individual to protect your wealth. If the Swiss franc and the euro can change in value by 30% within five minutes, what do you think the revaluation of gold and silver will be when the 100 ounces of “paper metal” come looking for the real thing? At what price will the market clear? Add a zero? Two zero’s? Please understand this, when the margin call is issued worldwide, there is only one money where the call will work in reverse, precious metals. The “call” will be for real, yet non existent metal. Gold had already sniffed this margin call and re set out a couple of months ago. No matter how much paper was thrown at it, it simply stopped going down. Even while the dollar strengthened synthetically, gold went higher versus the dollar. Gold has clearly been THE best money, what do you think will happen to real metal when it turns out that 99% of the supposed global supply is proven as counterfeit? We will soon witness the greatest margin call in all of history. We will also witness the greatest transfer of wealth and re set in all of history! My only question is whether what so far has been “rolling re sets” becomes an official market/bank/finance closure and announced …or, do the markets continue to trade and force re sets in market after market. As an additional note, we have one last question to ponder which may or may not be connected. Koos Jansen put forth a “mystery guest’s” theory that the Swiss went short gold in Sept. 2011 which marked the top in gold. He asks in the following link, “did Switzerland just cover their short“? https://www.bullionstar.com/blog/koos-jansen/guest-post-i-have-a-theory-on-the-swiss-franc/ I believe there may be some credence to this theory but would go one step further. Zerohedge asks the question and speculates Japan may be the next “Switzerland” and pull the plug on Abenomics. Personally I see it a little differently, more importantly, what if the Chinese were to react to the coming QE4 by doing two things? What if China just walked away and sold their dollar holdings …and at the same time revoked their current peg of the yuan to the dollar? Will China some day ratio back their yuan with gold? I think this is likely. Would the dollar collapse 30% like the euro just did versus the franc or will the re set be much larger? Of course the next question would be “how high would gold be marked up”? An unpegging of the yuan by China would be more important and (current) system ending than nearly anything else I can imagine. For China to break their peg, the paper short positions in gold and silver would finally be exposed for what they are, counterfeits! Regards, Bill Holter BILL HOLTER, Associate Writer, Miles Franklin Precious Metal Specialists Website: www.milesfranklin.com Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. In 2006 he retired and moved to Costa Rica where he lived until 2011 when he moved back to the United States. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) http://blog.milesfranklin.com/the-reset-has-already-begun

This post was very challenging in the formatting - I hope I was able to locate and fix all the glitches - links are posted though for your verification and further reading - I almost gave up on posting it - any misplaced text is not my intentional doing lol - sorry about the extra lines -- You can bypass the scripture / Bible references if you choose to - that can be a little over whelming if you dont' believe in Bible Prophesy for one & are not well versed and knowledgeable in Bible History - Please do not pass on the reading of the other info -- It is real and in the NOW -- I don't know how to advise on being financially prepared for what seems to be a strong possibility of something very serious happening - but I do have plenty of food lol - I welcome any feedback and serious financial suggestions pre & post RV -- Best of Luck to us all - If you have not watched this video -- Do so NOW: Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Harvey Organ of HarveyOrgan.blogspot.com. http://usawatchdog.com/manipulation-o... Harvey Organ- By December Whole Thing Going to Collapse Preview by Yahoo SEPTEMBER 25, 2014 Here is some good information, to help you know what to expect when the switch is made to our new and governmental systems. -LW Sep 24, 2014I have written for many years that the “kings of the east” in Revelation 16:12 prophesy of China and Russia overthrowing Mystery Babylon today. John says it would take “seven bowls” of judgment-wine poured out over Babylon the city’s overthrow. Revelation 16:12 describes the sixth bowl of wine directed at Babylon, and John’s description shows us that these “kings” are comparable to the Medes and Persians, who overthrew Babylon in 537 B.C. The Medes and Persians dried up the Euphrates River in order to walk into Babylon on dry (shallow) ground. This was in Isaiah 44:27. King Belshazzar of Babylon was killed, Darius the Mede established himself as the new king. Shortly afterward, when Cyrus the Persian came to town, he issued a directive that allowed the people of Judah to return to their old land. In other words, the coming of the “kings of the east” is not a bad thing, but is the way in which God is setting His people free. Unfortunately, most modern eschatological teaching sees these “kings” as enemies of God. They speak of a 200-million man army coming from China to invade the land of Israel, instead of seeing it as an army that overthrows Babylon and sets the people free. I’m not a military man, but even I can see that if such an army began marching west from China heading toward Israel, it would take only one or two nukes to destroy them all. The advent of the nuclear age after World War II made large-scale invasions nearly impossible, because concentrated armies or fleets are so vulnerable today. A simple look at history and the prophecies of Isaiah 44, 45 show the fallacy of the belief that the kings of the east are the bad guys. King Cyrus of Persia is called a “messiah” in Isaiah 45:1, the one that God anointed to overthrow Babylon. King Darius, his chief ally from Medea, was not mentioned directly by Isaiah, but he organized the new kingdom into 120 provinces and installed Daniel as the chief of three governors. This was a type of the being organized, having an outpouring of the Spirit (120) and being ruled by the saints of the Most High (Daniel 7:22). So Revelation 16:12 speaks of the seventh bowl of divine judgment being poured out upon Babylon, and “the kings of the east” are said to do this. It is a latter-day prophecy taken directly from the of Cyrus and Darius, who overthrew Babylon. The modern nations fulfilling these roles are China and Russia. These are the nations that God has anointed to bring down Babylon in our time. They are not the bad guys. The bad guys are the ones who control the Western media, attempting to demonize Russia and China. It is a propaganda war to gain the support of as many people as possible and to justify their plans to destroy much of the world. The ten principles on the Georgia Guide Stones sets forth their agenda. The first principle is: “Maintain Humanity under 500,000,000 in perpetual balance with nature.” http://www.thegeorgiaguidestones.com/message.htm They conveniently neglect telling us how this will be accomplished. It is clear from their actions and statements that they plan to kill about 7 billion people in the name of saving the environment. They are already doing this by creating conflict and war, aborting the unborn children, and creating ill health by disease, toxic substances, and unhealthy food. This is the Babylonian agenda. Since China has the most to lose insofar as population is concerned, they are not going along with this plan of destruction. And Russia has sided with them, as have all the BRICS nations. This rising coalition is the natural enemy of Mystery Babylon. The Glaziev Directive Sergei Glaziev (or Glazyev) is one of Russian President Putin’s advisors. On June 10, 2014 he issued a statement that was of historic importance. This was reported later in an article entitled The Lost Interview, by Jeff Yastine, who is the head of the Financial Intelligence Report. (I used to watch Jeff on Nightly Business Report.) The Lost Interview is where Jeff Yastine interviewed Jim Rickards, a former CIA analyst who wrote a book entitled The Death of Money. The full interview can be read here: https://w3.newsmax.com/LP/Finance/FIR/FIR-Collapse?dkt_nbr=qeo9ocnz In this long interview, Jim Rickards tells us that after the Twin Towers demolition, the CIA noticed that the unnamed “terrorist” had placed bets that the airline stock prices would go down. Whoever did this made a lot of money when it happened. In other words, someone with a lot of money knew about the Twin Towers disaster before it happened, and they positioned themselves to make money on it. Rickards does not even give a hint to tell us who had done this, although it seems to me that all such financial transactions are recorded somewhere, and the CIA should have no problem finding out who did this. If the Twin Towers had been destroyed by the media’s scapegoats, no doubt he would have told us, for he would have no reason to hide it. Keeping it a secret, however, reveals the truth with the sounds of silence. No matter. The point is that the CIA and Pentagon began tracking financial anomalies as indicators of soon-coming “terrorist” events. Rickards said, The main purpose of the attack on 911, he says, was to kill people, but the more damaging effect was to collapse the economy. Are we to believe, then, that al-Quaeda terrorists not only planned the attacks but also bought millions of dollars worth of options on the stock market in order to profit from the collapse of airline stocks?? “The agency believed that terrorists were trading in airline stocks before the run up to the terrorist attack… “We found clear evidence that someone knew the attacks were about to happen. Without getting too technical, the terrorists were using the options markets to make big bets that airline stocks would tank.” Collapsing America By discovering the large purchase of options against the airline stocks, He says that the CIA came to understand the absolute vulnerability of Europe and America. They had “irrefutable evidence that that shows this collapse is imminent and could happen at any time.” “In fact, when the Pentagon got wind of the shocking discoveries he made while working on a top-secret project for the CIA, they quickly militarized his findings in preparation for the financial chaos to come.” He explains how America has seen three economic collapses in the past century: 1914, 1939, and 1971. Those crises came before the banks and economies of the world were tied together. He uses the metaphor of ships at sea. If one goes down in a storm, the others may survive. But if they are all tied together, and one goes down, they all go down. In other words, the next great financial crisis in any sizable nation will take down the rest of the world with it. The BRICS Alliance Turning to a more recent group of nations that is taking steps to bring down the Western banking system, He shows how the BRICS alliance (Brazil, Russia, India, China, South Africa) is positioning itself outside of the Western system and is setting up its own counterpart to the IMF in order to survive the coming collapse in finances and in trade. Rickards describes the plan as coming in TWO STEPS. “Their first step was outlined on June 10, under the Glaziev Directive. A directive that spells out the first punch that will knock the U.S. economy to the mat. And while this first hit will shake the foundation of our financial system to the core, it’s the second punch that will deal a deathblow to American wealth and everything you hold dear.” He continues later, saying, “Pen was finally put to paper on June 10, when Vladimir Putin’s economic advisor, Sergey Glaziev, published a bold directive where he outlined the rationale behind an international alliance of countries [the BRICS] that were ready to get rid of the dollar for international trade and also to stop using it as their reserve currency. “And taking it one step further, Elvira Nabiullina, the governor of the Russian central bank, recently stated that Russia is in discussions with China and their BRICS partners regarding the establishment of a new system for multilateral trade. “It will allow the transfer of resources from one country to another, as needed, so each member can start directing their currency reserves away from the dollar and to the new system.” In other words, the BRICS nations will trade among themselves using their own currencies, instead of using the US dollar to pay each other when goods are traded. This shift began after 911 and is a direct consequence of 911. He forgets to mention that the BRICS nations have every right to set up their own system, especially since the past system put an economic strangle hold on everyone else while refusing to exercise proper fiscal responsibility. In other words, the old system was broken and needed replacement. The Consequences of 911 In the 1920’s and 1930’s they (and many nations) sent gold to the Federal Reserve Bank for safe-keeping, knowing that there was soon coming a war with Japan. These gold shipments were not gifts, but loans, and so they received interest-bearing receipts for them. These bonds for the gold-loans came due at various times, but perhaps the most important were the 60-year loans in 1938 that came due in 1998. When the Fed bankers balked at paying back the loans, the Dragon families sued them in the World Court, winning their case. The Federal Reserve Bank was given a deadline to pay their debt by September 12, 2001. The day before the debt was to be paid, all the records were lost in the Twin Towers demolition. The records were held in the offices of the Cantor Fitzgerald law firm, which one of the planes hit directly, killing their entire staff and destroying all their records. The gold under the Tower was secretly stolen and shipped away to a more secure, secret location, probably in Paraguay. There is little doubt that the same people who had purchased the “put options” against the airline stocks were the same ones who had refused to pay their debts to the Dragon family. The Dragon family then experienced a “reality check,” seeing clearly that these bankers had no respect for the law. They were ruthless and were willing to kill thousands of their own people (Americans) and even to start a world war rather than pay their debt or give up power.A new approach was needed, one that was slower. The BRICS Alliance The foreign ministers began meeting in 2006, and a full-scale diplomatic meeting was held in Russia in 2008. It started out with just four nations (BRIC), but when South Africa joined them in 2010, it became the BRICS alliance. On July 15, 2014 they set up the BRICS Development Bank as an alternative to the IMF. This came 70 years after the US Dollar had been crowned king at the Bretton Woods Convention in July 1944. The Glaziev Directive on June 10 stated the official policy for the BRICS nations. Rickards says this Directive reveals a two-step policy to success in establishing the alternate economic system. Its success, of course, will have a side effect of destroying the old system. Rickards of this, “This is step one in a coordinated effort to unseat the U.S. dollar as the world’s reserve currency. But what’s even worse is step two. Through my market intelligence sources, we now see that the major governments, including the United States, the Eurozone, and China are allowing a covert redistribution of gold so the entire system can be reset—a preplanned, global reset of the value of money… “It’s conspiratorial in that the governments involved don’t want others to know what they’re doing. In truth, it’s just a pragmatic way to stabilize the monetary system globally, and prepare the major parties for a global reset of the value of money. A reset that will save the system, but unfortunately, as I mentioned earlier, millions of people are going to have everything they own virtually wiped out overnight.” Rickards seems to admit here that this new BRICS plan is designed to “save the system,” not that it will save the old Bretton Woods plan, but that it will set forth a new plan that will save the world from the collapse of fiat currencies and world trade in general. We see, then, that the second step will be the actual Global Currency Reset, which I have written about for some years now. China’s accumulation of gold has been a very poorly kept secret. I am not sure why Rickards thinks it is a secret. His point is that those who are holding paper currency and paper contracts when this Reset hits are going to find that their money has lost most of its value. Only those who are holding tangible assets (such as gold or silver) will benefit by this Reset. Those who have the most to lose are those with retirement funds or money in the bank or currency under the mattress. Such currency used to be “as good as gold,” until 1971 when President Nixon made it “as good as the faith and credit of the United States.” However, since that time, with the astronomical amounts of new money being created out of nothing, that “faith and credit” has been severely eroded, and many nations are now very nervous about holding US dollars. All it will take is for one nation to scream “Fire!” for the whole world to start bolting toward the door to get out of US dollars. That will be the end of Babylonian world history. The power of Babylon is bound up in the value and quantity of its money. Rickards’ Perspective In reading this interview, it is clear that Jim Rickards is coming from the perspective that US hegemony (dominance) in the world is the preferred world order. In his view, what the BRICS alliance is doing is “bad.” He has been working against the BRICS alliance in the CIA, hoping to slow down the demise of the US dollar. But in a broader view, every country ought to be as “sovereign” as they claim to be in public. Nations should not be forced (or bribed) into any policy that is detrimental to its own well-being. However, we have to live in “the real world,” where national sovereignty is a myth for most nations. Hegemony is the reality. Wars are really just turf wars fought by gangs of nations seeking more power and dominance. The people (and individual soldiers) are the greatest victims. After World War II, much of the world lay devastated, while the US came out relatively unscathed. That is why the US dollar was crowned king in 1944. That is how US hegemony became entrenched. But the world has now rebuilt itself, and new nations are emerging with strong economies and militaries. US hegemony is being challenged. The BRICS alliance has banded together to challenge that hegemony and to form a new economic alliance without being tethered to its former master—the US dollar. Those nations have every right to buy as much gold as they wish. And here is where it appears as if the US and China have a common goal. In order for the US to maintain the value of its dollar, it must manipulate the value of gold lower and lower, because all value is relative. A low gold price means a high value for the dollar. At the same time, China is buying gold at those low, low bargain prices, because the new system that is coming will see money that is backed by real assets such as gold. In other words, the manipulation going on in the West by the price-fixing banks is playing into the hands of the BRICS nations, especially to China and India. The longer this goes on, the more gold they will accumulate, and the better off they will be when the Reset occurs. Conversely, the US will be caught without any gold at all. Few people in the know believe that the US government really holds 8,000 tons of gold, as it claims to have. It cannot even find enough gold in its coffers to give back what they have been storing for Germany when that nation recently demanded its 300 tons of gold. Again, in the 1990’s when China bought gold from the West, it discovered that the gold was really just gold-plated tungsten. They traced it to Fort Knox, where the gold was counterfeited. The story hit the internet news in 2009. Jim Rickards does not speak from a biblical perspective. He is trying to save the old way of life in America for as long as possible. I can appreciate that, of course, but to me it is more important to find out what God is doing in the History of the Kingdom. Just because we have a high standard of living in our Babylonian captivity does not mean that it will last forever. At some point Babylon’s foundations will erode and collapse. The Judahites in Babylon did not want to leave either. After 70 years, most of them were well entrenched in Babylonian life and business, and did not want to endure the trials of recolonizing their old land. That is why so few returned with Zerubbabel. A similar situation exists today. Babylon has made America wealthy, largely due to the world trade tax that is imposed upon every nation that does international trade. Because the US dollar is used for making payments in world trade, the wire transfers have to be made in US dollars through the SWIFT system of money transfers. All such payments go through the Federal Reserve Bank, which takes a percentage of the transaction as a fee. This is, in effect, a tax on all world trade. The BRICS nations are setting up a new system of payments through their own bank which bypasses the SWIFT system and the Federal Reserve. Payments are being done in each country’s own currency for the present, but soon will create its own world reserve currency made up of a basket of currencies. In other words, world trade going through the BRICS bank will be settled in about four specific currencies, rather than the single US dollar. Jim Rickards concedes that because of this the US dollar is doomed. So when can we expect this global reset to happen? Rickards does not give a date, but he says essentially that it will happen when China feels it has accumulated enough gold to secure its yuan (currency) as part of the “basket of currencies” that will replace the US dollar. He says, Jeff: And when you think about it, it’s almost as if there’s no way out of this…. Jim: You’re right. And it is just more fuel for the fire as global players look to distance themselves from using the dollar as the world’s reserve currency. And while America is loath to lose its position as the world’s reserve currency, our astronomical money printing to cover our debt makes it impossible to sustain. Basically, we’ve overstepped our monetary bounds for good, and there is no turning back… I’ve had private conversations with former Federal Reserve board members, and other central bankers around the globe, on what’s going on behind the scenes—what’s not getting reported in the mainstream media—and frankly, everything I’m hearing is that this global reset is about to hit. In fact, we already know what it looks like, and when you can expect it to happen. So when can we expect this global reset to happen? Rickards does not give a date, but he says essentially that it will happen when China feels it has accumulated enough gold to secure its yuan (currency) as part of the “basket of currencies” that will replace the US dollar. He says, “And while countries publicly claim that they no longer tie their currency to the value of gold, what they are doing privately is a different story. . And China is the biggest actor in covert gold acquisition…. And since it knows the ‘dollar’ system is coming to an end,it has to increase its gold holdings before it can trigger a global reset of the world’s [new] reserve currency.” But since China’s official figures do not match their actual holdings, we are on our own in figuring out how much they really have, and how much they need to have before the reset. Jim says, Jim: China’s last official announcement was over five years ago on April 25, 2009. At that time, it claimed to have 1,054 tonnes. That’s a 76% increase from the 600 tonnes it had in 2003. Right now, Shanghai Daily has reported that China has quietly amassed about 2,710 tonnes of gold. Jeff: That’s an unofficial number. Jim: Yes, that’s an unofficial number. But you and I both know that China controls its media. So it is letting it be known that it is accumulating more gold, but it is not letting the public know exactly how much. But from what I have gathered from trusted sources, the Chinese actually have amassed around 4,000 to 4,500 tonnes of gold already. Jeff: Wow, that’s a massive difference. Jim: It is. And when Chinese gold hits around $5,000 an ounce, all bets are off. It will be the second punch that will deal a deathblow to the dollar. And set off the wholesale destruction of American wealth. The bottom line is that China is being allowed to acquire gold without spooking the markets and driving up the price. This way, it will be “on the train” when it leaves the station. The only problem is that when the train leaves the station and the global reset triggers a new reserve currency, nearly all American wealth will be wiped out, except for those who have prepared themselves in advance… One last thing, Jeff. Our viewers should know that China could announce its holdings at any time. So they shouldn’t wait to get their financial house in order. The time to act is now. Before it’s too late…. Jeff: From what you’ve seen today, we are beyond the point of no return, as China prepares to announce its official gold holdings at any time. And when it does, there will be no time left to prepare yourself for the devastation ahead. And to think our government is helping China do it. By suppressing the price of gold, under the guise of weakening its function as a reserve currency, China is able to covertly acquire as much gold as it will need to trigger the death of money as you know it. So the bottom line here—as they see it—is that China is holding about 4,500 tons (tonnes) of gold right now. They suggest that their goal is to accumulate about 5,000 tons before announcing the global currency reset. When they make this announcement, investors will realize that the current price is totally unrealistic in view of all the secret purchases going on in the past few years. This will make it impossible to rig the price of gold any longer, and it will shoot up almost immediately to at least $5,000 per ounce. At that price, it will be able to back the new basket of currencies that the BRICS nations are putting together to replace the US dollar as the world currency for the next century or longer. Meanwhile, the US has no defense against what is coming, unless it is able to start World War III and destroy the BRICS nations (beginning with Russia). The price-riggers have no choice but to keep the price of gold and silver low, because that is the only way the dollar can retain its value. But rigging the market to keep the price of gold low allows China and India to buy gold cheaply with all the dollars they hold in their reserves. When things change, those nations holding gold and silver will emerge as the strongest in the world. The others will suffer loss. For us, it is important to see that China is playing the role of modern Cyrus, while Russia is playing the “front man” role of Darius. Hence, Russia taking all the heat, while China remains quiet while backing Russia to the hilt from behind the scenes. As believers who understand Bible prophecy, we have no reason to fear either Russia or China. God has raised them up to overthrow Babylon and to set us free. Jim Rikards is sounding the alarm in order to sell more books, of course, but we can look at the facts without fear. The fact is, the Dragon families of China are emerging as the real power brokers in China and the BRICS alliance. They were overthrown in 1910 when the last dynasty was overthrown and the Republic of China was established, and have been in hiding since 1949, when the Communists took power. These Dragon families have made it known that they intend to minimize the chaos as much as possible on account of the global reset. The destruction and chaos could be greatly minimized if the Babylonian oligarchs of the West would simply capitulate and give up power. For example, if the US congress would agree to ratify the new IMF reforms—as the rest of the world has already done—this transfer of power could be more amicable. But the Western oligarchs have chosen to foment war and to sponsor terrorism in order to cause chaos in hopes of extending their dominance for a little while longer. This is the primary reason the transition will cause pain to so many people. We can hardly expect anything else from these people, and for this reason we should prepare ourselves to the best of our ability. As for the Dragon families, they intend to use their enormous wealth for the benefit of mankind to rebuild the world under Divine Order—as they understand it. In my view, I suspect that they will need further divine counsel through a study of God’s law in order to perfect what they are setting up. Their main concern now is in the economic and financial realm. Once this is established, they will see the need to change the judicial systems of the world. They will need instructors to teach the laws set forth by Moses, the applications of law by the prophets, and Jesus’ New Covenant understanding of the law seen in the gospels. Source. Source: http://2012thebigpicture.wordpress.com/2014/09/25/recommended-the-soon-coming-global-reset/

Do any of you recognize the name "Memphis" - he is from KTFA but rarely posts anywhere anymore; instead sends out an email to a list - Someone sent his recent one so I am sharing - It, like everything else lol may be controversial so please do not bash me for posting someone elses perspective on world affairs - I feel that having other perspectives to compare broadens our scope of knowledge and enables us to better make up our mind - Memphis - American exceptionalism (2) On Thursday, September 11, 2014 7:03 PM, Memphis wrote: "Mr. Obama can trumpet American exceptionalism all he wants. He can brag about how ONLY America can lead the world. But the Chinese are laughing all the way to the bank." ~ Simon Black This speaks to one of the many paradigm shifts that I have encountered in recent years. Most of you have likely wrestled with this as well. Are we, as Americans, special [separate and set apart] in the world and if so, by what virtue did we attain this honor? Is it simply because we were not born into some third world nation or was it perhaps simply the hand of Providence? One could certainly argue that God has had a protective hand upon our nation and that He has been slow to allow judgement but in the final analysis are we TRULY special and immune from all of the world's pain? Put another way, are the Greek's, the Portuguese, fill in the blank (_____), somehow subject to the world' ups and downs (spelled 'cycles') simply because they had the misfortune of not being born American? There is a normalcy bias in most American's that will be shaken to the core before this decade is over. I never intentionally set out with the mindset of being 'politically incorrect'. To rub people the wrong way or upset their (mis)perceptions of the world is not a way to reach them and so we must always 'consider our audience'. Given that I know little to nothing about most of you, my 'audience', my only recourse is to just be true to myself, to tell it like it is. Today's subject (again) requires us to be honest with ourselves and to face the reality of what our nation is facing. I would not feel qualified to even speak along these lines if my world view were an emotional one for that would be at the expense of simply seeing things as they are. Tho few people have seen it, the only reason why my words (what I have to say) have ever mattered to anyone is that I have a great capacity to not care! I want to see things as they are regardless of who wins/loses or who's proven right or wrong. Example: Until Aug11 I believed that Mr. Maliki was going to be PM of Iraq for a 3rd term but the important point here is that I didn't care! I was not emotionally invested in being 'right'. When I learned of the appointee al-Abadi and his past connections? I quickly and UN-emotionally stated publicly of my conviction that he was 'chosen' to be Iraq's new PM. Had I been emotionally invested? I would have been disqualified to render any objective opinion. Hope that makes sense. As my understanding of the world grows I am becoming less reserved in expressing my views. In the context of starting a church this would translate into one that is decidedly NOT 'seeker friendly'. If folks want their ears tickled at the expense of hearing the truth then 'keep pushing on' as there are plenty of sources available to you. And so if we adopt this decidedly pragmatic view we are then free to either accept or reject what we are exposed to. To 'accept' is always the toughest course as it requires that we adjust our perceptions of our world and specifically of America and her future role, the path that we as a people have chosen for our nation (let that one sink in). The greatest thing that I would point to, the reality that we should be grounded in, is that these blogs have not been based in opinion. I have been bringing the reader small snapshots of the world, as it truly is, and in so doing my hope is that the individual reader will open up their mind to new possibilities, to be open to change even when it sometimes...hurts. One of Martin Armstrong's most often repeated phrases is that: "Opinions mean nothing!" And he is right. I try to limit opinions but when offered, attempt to do so based in fact. The degree to which I succeed is determined within the mind of the individual as it is offered with the hope of provoking thought within you! The things that I am seeing, the trends that are unfolding, are such that I could never convey them all in these blogs. My time does not permit and even if one person could compile this mountain of evidences? Sharing it, expressing it, so as to make it plainly seen by others (who cannot be immersed in it daily) would be impossible! A recent example (photo at bottom) published just an hour ago by Bloomberg: 1) Several African nations are suddenly revising their 2014 GDP downward. Means nothing to us right? Just for fun tho, let's take this snapshot from the micro level and bring it up into the macro discussion. When we do this we quickly recognize that, coincidentally, THESE SAME NATIONS have seen an outbreak of Ebola in recent months. Add to this that THESE SAME NATIONS have each had major oil & Natural gas discoveries made in 2012-2013 and have chosen to sell the rights for mining to companies from........China and Russia? Can we open our minds to the possibility that the economic warfare being waged in many places might also be presenting in the form of a sick and twisted 'viral' warfare? If this hurts your brain to even think about? I get it. It hurts mine too. I hope this blog makes sense and does not appear to be just a random filling of space for it seemed important to have this discussion (even if only by way of reminder) to prepare us all to fully appreciate some realities that follow in today's blog from Simon Black. As we pause to read his words consider that they are not of any deep or revelatory nature. I was not shaken by any deep truths here but on the whole, it is of value to read (to study this out) for he is a clear thinker who sees the world better than most. note: JC Collins released a new blog last night that takes the reader higher in their perspective. It is well worth your consideration at PhilosophyOfMetrics.com http://philosophyofmetrics.com/2014/09/11/everything-will-be-sdr-compliant/ http://philosophyofmetrics.com/2014/09/10/the-devils-tears/ nftflogo.png pic did not post sorry - could not find September 11, 2014 Santiago, Chile Governments and mainstream media outlets have a great way of presenting sensational threats and evil villains. They want us to be terrified of men in caves, roving bands of barbarians, and deadly viruses that turn our insides out. Last night, for example, President Obama told the world that ISIL poses the most significant threat to global security. (Ironically al-Qaida no longer seems to be a threat, and ISIL, which no one had heard of until a few months ago, is now public enemy #1. It just goes to show how shallow and reactionary the security theater is…) But here’s the truth: If you live in the Land of the Free, you’re far more likely to get ‘accidentally’ shot by a police officer than blown up by a terrorist. You’re also far more likely to lose the preponderance of your life’s savings due to a currency crisis than you are to be infected with the Ebola virus. Words are hollow. Look at reality. Mr. Obama said last night that America stands for Freedom. Justice. Dignity. It sounds great. But this comes from a President that has presided over illegal spying of American citizens, allies, and even sitting politicians in Congress. They assassinate people by remote control drones. They aggressively pursue whistleblowers who shine a spotlight on their activities. And they set aside international law to invade any country of their choosing in their sole discretion. They’re also actively encouraging the collapse of the dollar-denominated financial system. Right now, the preponderance of world trade is transacted and settled in US dollars. This has created tremendous demand from literally billions of people, companies, banks, and governments around the world to hold dollars and use the US banking system. As a result, the US effectively gets to trade money they have conjured out of thin air for goods and services that foreigners have had to work hard to produce. This is an unbelievable privilege for the US, and one that they have been abusing for years. They have chased entire nations out of the financial system. They’ve blasted foreign banks with debilitating penalties for doing business with countries the US doesn’t like. They’ve arrogantly commanded foreign banks to comply with absurd, costly regulations. And they’ve practically forced the Chinese and Russians into bed with one another. Mr. Obama can trumpet American exceptionalism all he wants. He can brag about how ONLY America can lead the world. But the Chinese are laughing all the way to the bank. Fact is, China, Russia, and others are already taking steps to circumvent the US dollar and the US financial system. The world is desperate for an alternative to the dollar and China is about to give one to them. This isn’t any cloak and dagger stuff. It’s happening in broad daylight for everyone to see like a slow-moving train wreck. The government is turning your country into a police state, and they’re destroying the value of your currency. These are the real threats to your life and livelihood. Not ISIL. Not al-Qaida. Not Ebola. Ignore the propaganda and see for yourself. Until tomorrow, Simon Black Senior Editor, SovereignMan.com Although this blog from Simon Black finishes with some powerful words, I hope that many of you noted that Simon seems to be oblivious to the forces behind this shifting in the world economy from west to east. I do not know how much the man understands of these matters but for us we must keep the fight inside the bar. In reference to a JC Collins analogy, do not let your opponent reframe the debate and take you away from those things that you hold on to for the adversary is not our president. Stay in the bar (keep your elevated perspective) to hold your fight. We can throw stones at many groups and people (I have a long list of 'characters') but we must always remain elevated and NEVER lose sight of what is truly taking place. The world's economies are in trouble and this is not some grand accident. There are two separate truths in that sentence and I am daily confronted with new information that speaks to the reality each of them. Thru an ongoing process of comparing and contrasting all that I know it is clear that the day of reckoning cannot be put off forever. Tho we have had some good (and seemingly deep) discussions this year, in reality and by design, nearly all that we have discussed has stopped short of the whole. Very rarely have we drawn conclusions from the big picture, macro level. The macro view has become such that I hesitate to speak on these matters. The above words in bold font and underlined are a clue. If you have not gotten some glimpse of what these conclusions might be then you would never accept such analysis anyway! In my experience, forgive the analogy yet again, most people do not want to be fully unplugged from the matrix for fear that their brain would melt! A guideline that I use in L@@King at the world: 1) If you watch TV or other mainstream media for your news it should only be done with a contrarian mindset. If we fail in this we will have misperceptions and these will cause us to totally miss the mark. 2) There is much in the alternate news that is equally misleading. I have attempted to point to this in recent months to draw attention to it as it is a big problem! 3) To survive steps 1 and 2, seek out the truth for yourself. I have been careful to offer many sources to follow. All the 'noise' that is thrown at you will then (over time) become apparent. In time, thru exercise, you will even begin to discern it's stench from a distance! Blessings, Memphis

I know enough to know that I don't know enough to know how accurate the information is in this video but I believe the premise is plausible. While the video primarily addresses the MIddle East and Petro Dollars it inadvertently explains why Venezuela earlier in the year transferred their gold from Europe to China.