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Of Interest to Investors, Survivalists and Others Concerned
About
Their Economic and
Financial Futures
_________________________________________________________________________________________________________
With
a focus on the Plutocrats, Goldsmiths, Super-Rich Insiders, and their Allies
and what they are conspiratorially doing to
manipulate the financial markets,
make
more profits, rip us off and install a world government under their control
The
Goldsmiths--Part XXXIX
By R. D.
Bradshaw
As discussed in an article on World Power Blocs at www.analysis-news.com, and in other Goldsmiths’ material, there is strong evidence
that in coming days the Muslim empire of the South will have treasures of gold
and silver which may invite a military invasion, evidently by a power bloc in
the North. The Northern power will
seize, steal or otherwise take possession/rulership of the gold and silver
treasures in the South.
To appreciate this course of events, it must be said that
the Northern power appears to be the European Union and the South will be an
Arab/Muslim configuration. So, the
question here is how is it possible that the empire of the South can have such
a quantity of gold and silver that it will invite an invasion and conquest of
its territory and the loss of control over its apparent gold and silver assets.
The very fact that this event takes place allows that the
gold and silver riches in the South (perhaps Egypt, Saudi Arabia, etc) must be
substantial and evidently more than has been true in modern times.
The Current
Situation
For the past year or so a number of nations around the world
have begun to openly question the practice of the various nations blindly
allowing the US dollar to rule supreme over much of the rest of the world (as
the world’s so-called reserve currency used in international trade and
commerce), despite its problems in the United States.
Because of its backing and support by the Western plutocrats
(like the Rothschilds and Rockefellers), the Cabal controlled nations (the EU,
Britain, Australia, Canada, and New Zealand) have stayed on board to support
and promote the US dollar even though it has meant an economic disaster for
their own nations and their own financial survival. The state of Israel has gone along on this course,
perhaps because the US is its primary financial supporter and the Israelis
don’t have any plausible alternatives.
Certain other states have also went along with this status
quo because they have been getting benefits from the US (like the military assistance
going to the Saudis); have been conquered nations and lacking any real
independence from the US (like Iraq, Afghanistan, Germany and Japan); have been
big sellers of goods to the US (like China, Mexico and much of Latin America);
and/or have benefited otherwise (like the outsourcing going to India, the Philippines,
etc).
But perhaps the biggest problem of all which has precluded
any form of an agreement on displacing the US dollar in the global arena has
devolved to the question of which nation/currency will get to rule supreme or
be the captain of the ship. Many nations
of the world either want to direct things and/or have their currencies in the
driver’s seat. Of course, this division
problem is not present among Americans, Europeans and British Commonwealth
devotees where the Cabal rules supreme and no one can question its power and
decisions. But change is in the winds.
Perhaps the biggest catalyst for change has been the recent plutocratic
directed collapse in oil and the push for a deflationary fall (as discussed in
Goldsmiths X and others). These events
have upset the thinking of people in many other nations in the world—particularly
Russia, China, and the Muslim states in the Middle East.
Just like the Cabal has successfully defrauded, deceived and
cheated the people of the US, Britain, British Commonwealth and Europe for the past
250 years or so, it has likewise successfully done the same thing to much of
the rest of the world. The situation
with the Canadians was discussed in Goldsmiths, Part XV, and with Japanese
investors in Goldsmiths, Part XXI. As
many foreign nations begin to put two and two together they are realizing that
the Cabal is out to cheat them.
Russia
Besides the efforts of Iraq (under Saddam) and Iran to turn to
gold and other non-dollar currencies, the past few years have seen the Russians
actually advocate a reserve currency status for the Russian ruble. Both Prime Minister Putin and President
Medvedev have openly called for an increase in the value of the ruble and a
greater role for it in international affairs.
While they have not necessarily advocated that the ruble should/would
replace the US dollar, they have frequently indicated that the ruble should at
least be a regional reserve currency—perhaps in much of Asia.
Interestingly, there has even been some international
support/discussion on the ruble assuming a more important profile in the world
economic situation. On this, Reuters of
Jun 8, 2008 had a report by Robin Paxton which said:
“ST
PETERSBURG, Russia (Reuters) - The Russian ruble could potentially become a
reserve currency if the country's economy continues to grow, a top official at
the International Monetary Fund said on Sunday.
It's quite conceivable that the ruble could emerge as a much more
important international currency," John Lipsky, the fund's first deputy
managing director, told Reuters in an interview on the sidelines of the St
Petersburg Economic Forum…
“President
Dmitry Medvedev said during the forum he wanted to turn the ruble into a key
regional reserve currency as part of a Kremlin drive to make Russia an
international financial centre.
“Lipsky
earlier told reporters that fighting inflation and maintaining strong economic
growth were among the main tasks facing Russia as it seeks to grow the ruble's
influence on world currency markets. ‘Developments
in the Russian economy have been broadly very favorable. There is a sense of
confidence and modernization; an increasing recognition that, if managed well,
the Russian economy will play an increasingly important role,’ he said.
"To
become a reserve currency, experience shows that they're always backed by a
developed financial system, so the development and modernization of the Russian
financial system will open the prospect of the ruble becoming more generally
used as a reserve currency."
The very fact
that the IMF is addressing the question of the ruble becoming a reserve
currency has to be significant. So it’s
more than simple Russian speculation that the ruble can have a larger role in
global economic matters. As a minimum,
Russia has been increasing her gold supplies—perhaps specifically for the
possible coming time when the ruble can achieve a reserve status in the global
economy.
The London “Daily
Telegraph” of Jan 31, 2009 had a report by Ambrose Evans Pritchard on the
recent activities at the World Economic Forum meeting at Davos,
Switzerland. Pritchard quoted Russian
Prime Minister Vladimir Putin from his speech calling for a concerted action to
break the stranglehold of the US dollar and create a new global structure of
regional powers.
In this speech at
the Forum, Putin said that "The one reserve currency has become a danger
to the world economy: that is now obvious to everybody.” Per Pritchard, Putin added that the leading
powers should ensure an "irreversible" move towards a system of
multiple reserve currencies, questioning the "reliability" of the US
dollar as a safe store of value."
Putin also noted that “The pride of Wall Street investment banks don't
exist any more."
Assuredly, the Western
plutocratic rulers are watching the ruble.
And if there is any prospect of the ruble interfering in the super role
of the US dollar, then there will be increasing tensions between the controlled
Christian West and Russia. The recent
flap in Georgia (which was specifically set up by the Cabal) could be a
precursor of things to come which could lead to WWIII.
For sure, the
Western media owned and controlled by the super rich plutocrats will be
attacking Russia and Putin more and more in the coming days. The groundwork is now being laid for
WWIII.
China
For many years
now, the Chinese have been content to sit back and let the West have all the
glory and credit for the world economy.
But with the inflow of dollars and dollar assets into China, in the past
twenty years or so, the Chinese attitude has been changing.
Just as gold has
become important in Russia, the same is true in China. The Chinese government buys up all Chinese
gold production. So, along with its huge
chest full of dollars, the Chinese are beginning to accumulate some gold (and
if China should start spending some of its dollars for gold, as she might be
now doing on the global markets, the price of gold will go up substantially).
The Oct 24, 2008
Reuters had a story by Simon Rabinovitch and Ken Wills which could prove to be far
reaching in international affairs. It
said:
“BEIJING
(Reuters) - The United States has plundered global wealth by exploiting the
dollar's dominance, and the world urgently needs other currencies to take its
place, a leading Chinese state newspaper said on Friday. The front-page commentary in the overseas
edition of the People's Daily said that Asian and European countries should
banish the U.S. dollar from their direct trade relations for a start, relying
only on their own currencies.
“A
meeting between Asian and European leaders, starting on Friday in Beijing,
presented the perfect opportunity to begin building a new international
financial order, the newspaper said. The
People's Daily is the official newspaper of China's ruling Communist Party. The
Chinese-language overseas edition is a small circulation offshoot of the main
paper.
“Its
pronouncements do not necessarily directly voice leadership views. But the
commentary, as well as recent comments, amount to a growing chorus of Chinese
disdain for Washington's economic policies and global financial dominance in
the wake of the credit crisis.
"
‘The grim reality has led people, amidst the panic, to realize that the United
States has used the U.S. dollar's hegemony to plunder the world's wealth,’ said
the commentator, Shi Jianxun, a professor at Shanghai's Tongji University. Shi, who has before been strident in his
criticism of the U.S., said other countries had lost vast amounts of wealth
because of the financial crisis, while Washington's sole concern had been
protecting its own interests.
"
‘The U.S. dollar is losing people's confidence. The world, acting
democratically and lawfully through a global financial organization, urgently
needs to change the international monetary system based on U.S. global economic
leadership and U.S. dollar dominance,’ he wrote.
“Shi
suggested that all trade between Europe and Asia should be settled in euros,
pounds, yen and yuan, though he did not explain how the Chinese currency could
play such a role since it is not convertible on the capital account…
"
‘How can Europe and Asia grasp each other's hands and together confront the
once-in-a-century global financial crisis sparked by the U.S.; how can they
construct a new equitable and safe international financial order?’ he said…”
BRIC
This backdrop on
Russia and China brings up the reality of an organization called BRIC—made up
of Brazil, Russia, India and China. BRIC
is an economic and trade forum whose representatives meet every few months to
discuss mutual issues of importance to its members. On the surface, this group seems to offer alternatives
to the G7 forum which is run by the US and Europe under the rulership of the
Cabal team of financial manipulators.
While the G7 fat
cats have largely ignored BRIC and its meetings, things are now in the process
of change as the plutocratic push for a deflationary correction in the global
economy is setting the stage for trouble not only in the US and Europe but also
in other parts of the world. As a
minimum, the BRIC nations are strong economically in their own right and must
be reluctant to face enormous economic troubles because of the skullduggery and
dishonest of the Cabal which rules supreme in the US and Europe.
There is no doubt
about it, BRIC will be holding meetings and issuing declarations in the coming
days expressing their dissatisfaction over events and trends in the global
economy. At some point in time, BRIC
will have to take a stand on a world reserve currency besides the US
dollar.
A Pan Islamic Currency
Contrary to the
economic and money problems in much of the Third World and especially in Latin
America and Africa (South of the Sahara), the states of Malaysia and Singapore
in Asia have had some stability, growth and cause for respect.
Of course, with a
growing economy and stable currency, it wasn’t long and a possible Rothschild
relative or colleague named George Soros allegedly decided to move in and crash
the Malaysian currency so he could make a pile of money on the manipulation
(the MO for some has for ages been to move in on a small country and crash its
economy and political structure in some way to allow the Cabal to move in and
take over the nation).
After many days
of turmoil from the team, and its alleged player George Soros, Malaysia finally
survived without collapsing into the grasp of the Cabal’s plans for evil. Perhaps it was the personal strength and
determination of the then Malaysian Prime Minister,
Mahathir Mohamad, which coalesced to allow the nation to emerge victorious
after its bout with the Cabal. In any
case, it did survive and was not conquered as has happened with various other
nations.
In
2003, following the Malaysian victory over the forces trying to destroy it,
then Prime Minister Mohamad proposed a pan-Islamic gold dinar currency. Of course, it was such an ambition of Saddam Hussein
which ultimately cost him his life as the plutocrat directed US conquerors
moved in to take his country over and murder him in the process. But somehow, Mohamad and the nation of Malaysia
survived.
Yet,
on the minus side, Mohamad’s plans for a pan-Islamic gold dinar currency went
no where at that time. Maybe too many
countries were looking at the US invasion and conquest of Iraq and they decided
to back off and take a low profile and do nothing to upset the plutocrats
ruling the US and Christian West.
A Persian Gulf Combine
But the hope for
a Muslim gold backed dinar was not dead and its idea continued off and on since
2003. The next big development was the
decision of Iran to move to gold and other currencies in its sale of oil. And while Bush and the Cabal players have
threatened and intimidated Iran continuously for the last couple of years or
so, the state survives (although a US attack is now on the drawing boards and
will become a reality soon).
This backdrop
brings up an article in the May 9, 2008 Asia Times by Nathan Lewis on “The Gulf
Currency Solution.” Lewis wrote:
“Persian
Gulf states, including Kuwait, Qatar, and the United Arab Emirates, are talking
about dropping their currencies' pegs to the US dollar. Inflation in these states is spinning out of
control, as the peg causes their currencies to follow the dollar lower.
“They have been
somewhat hesitant about this, not least because of concern over a viable
alternative. They could peg to another
currency, such as the euro, or even the yen, but pegging to either of these
could at some point create the same difficulties that the dollar peg is creating now. It was not that long ago that the euro was
trading at US$0.87.
“Another
option is some sort of currency basket, as is used by Singapore. This is not a bad solution, as it provides
some diversification among central bankers' errors. However, in the sort of dollar-led worldwide
inflation that is happening today, typically all currencies sink together.
“Of
course, these countries could try to go it alone, with an independent currency.
But there is hardly any guarantee that
the home-grown central bankers would be better than those at the US Federal
Reserve or European Central Bank. Smaller
countries have a history of regular currency crises.
“The
problem with all these alternatives is that, at their base, they rely on some
personage like US Federal Reserve head Ben Bernanke to manage the currency
properly. There is little evidence that
this ever happens. Central bankers always
screw up, eventually.
“There
is one and only one monetary system that has a history of not screwing up. That, of course, is gold. One of the most
common currencies in the Gulf region was the gold dinar. Ibn Khaldun, the 14th century Arab genius,
wrote that the dinar had the weight in gold of 50.4 grains of barley, or 4.25
grams. Today, gold dinar coins are still
being produced, in Malaysia. They
contain 4.25 grams of gold. The first
standardized gold dinar coins date from AD 698. They contain 4.25 grams of gold.
“Why
did people use these coins for over 1,000 years? Because, when using the coins, they never ran
into problems, like those governments face today, that would cause them to
adopt another system. These regions are
no strangers to fiat paper currencies. The king of Persia issued a fiat paper
currency in the year 1294, the first paper currency outside of China. These systems didn't last. You can imagine why. Faith and superstition could never persist
for 1,000 years. Gold makes good money because it has the most desirable
characteristic of money: it is stable in value…
“There
are probably too many people in the world for everyone to use gold coins. That is one reason paper currencies, linked to
gold, were invented. However, for a
smaller region like the Persian Gulf states, it would be possible to use gold
coins in daily transactions… silver coins, redeemable for gold dinars on
demand, could be used for smaller transactions. Bank transactions would remain electronic, but
bank reserves could be redeemed for gold bullion on demand. Paper money would cease to exist in the Gulf
states.
“The
Gulf states are uniquely suited for this change because their main export is
oil. They don't have to worry as much
about the ‘competitive disadvantage’ that results when the US dollar or other
major currencies are devalued. Governments'
desire to avoid this ‘competitive disadvantage’ is why major currencies
typically decline together, causing inflation everywhere. Of course, the Gulf states would be paid for
their oil in dinars--dinars linked to gold.”
While the idea of
a gold based dinar for the Gulf states has not yet reached fruition, it is on
the drawing board and may be soon coming.
In an article on
“US Dollar Death Dance,” Jim Willie in the Hat Trick letter (at Goldseek.com),
said that the Arabs want a global gold trading center and a gold backed Gulf
dinar currency in Dubai in the United Arab Emirates. Willie notes that “The Gulf Coop Council is
biding time, cutting time delay deals, warding off pressure by the US Govt,
appeasing with weapons contracts from the US Military, and is working behind
the scenes to create a new dinar currency.”
Per Willie,
foreign nations will be forced to purchase the dinar for most or all of their crude
oil payments coming out of the Middle East. He adds that many of the details are unknown,
but the basic structure has been slowly come to light. It can come fast now that crude oil prices are
down.
The Latest
For the latest on
the Arab move to replace the US dollar, rense.com had a Jan 3, 2009 report/blog
on the “Gulf Cooperation Council to create new currency” which discussed the
Gulf States’ actions in the vein of including Saudi Arabia. The Saudis apparently were not involved to
any extent in earlier new currency initiatives.
Perhaps the work of the Western plutocrats to crash oil and elevate the
US dollar has added new momentum to the effort.
This report
quoted an Internet article from seekingalpha.com which said that “Gulf
Cooperation Council leaders yesterday concluded their 29th annual summit
meeting in Muscat, Oman with a final approval for the creation of a single
currency for the six nation economic bloc, still targeted for 2010 (editor’s
note--the GCC includes Kuwait, Qatar, Oman, Bahrain, Saudi Arabia, and the
United Arab Emirates). Saudi Arabia is
the largest economy in the GCC and boasts substantial gold reserves. But whether gold will be included in the
currency basket has not yet been decided.”
Seeking Alpha added that GCC assistant
secretary-general Mohammad Al Mazroui told Gulf News: “We first have to decide on the location of
the Central Bank, then the Central Bank and Monetary Council will have to
decide on the gold reserves for the Central Bank.”
The new Gulf based single currency will apparently be
called the Khaleeji which means Gulf in Arabic.
It is believed that the new currency will break the Gulf States’ pegs to
the US dollar and benefit gold. Saudi
Arabia’s King Abdullah has directed that GCC economic integration committees
speed up their work and complete the whole exercise by September 2009.
As the article concluded, the breaking of their
dollar pegs by the Gulf Arab nations is clearly dollar negative. And secondly,
any inclusion of gold either as a part of the monetary basket, or in the
reserves of the new GCC Central Bank will create additional demand for the
precious metal.
Conclusion
The essence of the above reports is that things are building
up on the global scene for a new world reserve currency. The dollar could quickly head for the garbage
can. And with it, US notes, bonds and
paper in general could also quickly pass into history. Any or all of the above developments can be
the catalyst to completely upset the plans of the plutocratic financial market manipulators. Such an event can represent the loss of some
of the Cabal control over the US and European financial markets.
Once a gold backed dinar or Khaleeji comes into play in the Gulf region, it won’t be long and
much of the rest of the world will have to acknowledge it as at least a
regional reserve currency. This will
mean that the US dollar will no longer be the exclusive power source in that
part of the world.
The only drawback in achieving such a gold backed dinar or Khaleeji to assume a reserve currency status has been and is Saudi
Arabia. The Saudis have to be on board
or the idea will not really become important in the global arena. But there are problems in getting full Saudi
support for this motion (although this lack of Saudi support could now be
changing somewhat in view of the GCC developments). While the Saudi people are Arab Muslims
(descending from Ishmael, son of Abraham), the Saudi royal family are actually
a different people racially.
The Jan-Mar 2000 Petah Tikvah magazine (p. 55-57) had an
article by Vendyl Jones on “Who Was His Majesty King Hussein,” which said that
the Faisal family of Saudi Arabia was originally Edomite slaves in the ancient
Hashemite kingdom which took over the Trans-Jordan in the 20th century. Jones claims that when Lawrence of Arabia
tied in with the Arabs, the British created the kingdom of Saudi Arabia and
gave it to the Emir Faisal I, who was a slave to the Hashemite ruler, Sharif
Hussein bin Ali, Emir of Mecca.
This racial divide between the Saudi royalty and the people
of the nation has meant that the royal family there has had far more in common
with Israel and the Christian West than they had with the people of Saudi
Arabia proper.
It is also this fact which has motivated the Saudi royals to
continuously look to the US for support instead of the other Arab states in the
Mid East. Finally, there is great fear
among the Saudi royals that some Arab Muslim revolutionary movement can arise
and end their rein. Hence they are
running scared presently. One must
wonder what it would take for the Saudis to fully support a Pan-Islamic or even
Gulf wide dinar or Khaleeji? But anything is
possible.
_____________________________________________________________________
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of News, can be accessed from a Google or Yahoo search engine by typing in “R.
D. Bradshaw” Goldsmiths. Several hundred
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Italian, German, Chinese and other foreign languages. Finally, the “Archives-Goldsmiths” of this
website (www.analysis-news.com ) has all of the Goldsmith articles
issued to date.
Besides the revelations contained in the Goldsmiths’
articles, the work of the plutocratic financial market manipulators to
conspiratorially manipulate and control the financial markets (to make more
profits and install a world government under their management) is also
addressed at length in the periodic analysis of the news and in other articles
produced at www.analysis-news.com. This website has an article of interest to
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why they succeed and how to follow their manipulations.
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