Debt Reset Begins, Global Banks Issue Dire Warnings, Trump Wall Showdown [Video]

BIS, World Bank, IMFGreg Hunter – According to renowned gold investor Jim Sinclair, the global debt reset that has been long predicted has begun. Lots of debt that will never be repaid will be written down around the world. Sinclair says gold and silver will be the last men standing when the dust settles.

The BIS, World Bank and the IMF have all issued dire warnings in the past few weeks of financial “storm clouds.” In other words, the biggest bankers in the world are warning of another financial meltdown coming in the not-so-distant future. Continue reading

The Dark Agenda Behind Globalism And Open Borders

globalismBrandon Smith – When people unfamiliar with the liberty movement stumble onto the undeniable fact of the “conspiracy” of globalism they tend to look for easy answers to understand what it is and why it exists.  Most people today have been conditioned to perceive events from a misinterpreted standpoint of “Occam’s Razor” — they wrongly assume that the simplest explanation is probably the right one.

In fact, this is not what Occam’s Razor states. Instead, to summarize, it states that the simplest explanation GIVEN THE EVIDENCE at hand is probably the right explanation.

It has been well known and documented for decades that the push for globalism is a deliberate and focused effort on the part of a select “elite;” international financiers, central bankers, political leaders and the numerous members of exclusive think tanks. They often openly admit their goals for total globalization in their own publications, perhaps believing that the uneducated commoners would never read them anyway. Carroll Quigley, mentor to Bill Clinton and member of the Council on Foreign Relations, is often quoted with open admissions to the general scheme:

“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.” – Carroll Quigley, Tragedy And Hope

The people behind the effort to enforce globalism are tied together by a particular ideology, perhaps even a cult-like religion, in which they envision a world order as described in Plato’s Republic. They believe that they are “chosen” either by fate, destiny or genetics to rule as philosopher kings over the rest of us. They believe that they are the wisest and most capable that humanity has to offer, and that through evolutionary means, they can create chaos and order out of thin air and mold society at will.

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Meet the Secretive Committees that Run the Global Economy

globalAndrew Gavin Marshall  – There exists an overlapping and highly integrated network of institutions, committees and secret meetings of ad-hoc groups that collectively run the global economy. This network consists of finance ministries, central banks, international organizations and the various conferences and confabs that bring them together. This network is responsible for facilitating global financial diplomacy and managing the architecture of global financial governance. In short: it is the most powerful and informal political structure in the world.

With the United States at the center of the system, the Treasury Department and Federal Reserve Bank are the two most important American institutions in global financial governance – and the Treasury Secretary and Federal Reserve Chairperson are the world’s two most powerful financial diplomats. Both institutions are headquartered in Washington, D.C., just down the street from the headquarters of the International Monetary Fund (IMF) and World Bank Group, two global financial bodies created in 1944 to manage the world economy on behalf of the rich Western nations that founded them.

Twice a year, the IMF and the World Bank host large international conferences. The Spring Membership Meeting, typically held in April, and the Annual membership meeting draw a crowd consisting of most of the finance ministers and central bank governors from the IMF’s 188 member nations, representing the Fund’s Governing Board. They descend on D.C. where the meetings are typically held (though occasionally they are hosted in other countries as well), and draw scores of journalists, academics and thousands of bankers and financiers who are eager to meet, greet, wine, dine and make deals with the political decision-makers of the global economy.

The top five shareholders of the IMF (United States, Japan, Germany, France and U.K.) reflect the membership of an ad-hoc group of finance ministers that began meeting in 1973, thereafter known as the Group of Five (G-5). At the time, U.S. Treasury Secretary George Shultz described the group as “a channel for informal and very frank communication on monetary and other issues, both of a long-term and more immediate character.” But the G-5 was hardly the first of such groups. Continue reading

How the Banksters Play “Good Cop, Bad Cop”

centralJames Corbett – As all eyes turn to this week’s Federal Open Market Committee meeting for an answer to the will they / won’t they Fed rate hike question, we face another stark reminder of how the global economy is increasingly at the whim of the central bankers with their hands on the money spigot. The would-be “Masters of the (Phoney, Manipulated) Universe” known as the Federal Reserve board have the power to send the global economy into a tailspin by hiking rates, causing a giant unwind of the almost-never-mentioned dollar carry trade in emerging economies. Or they can waffle again, delay the decision, and keep markets in the precarious limbo they’ve been since the end of the QE3 party and the removal of the punch bowl. They could even, as some suggest, concede their utter failure to even understand let alone implement an easing-based “recovery” and try again with QE4.

But wait, there’s a bold new truth-teller on the horizon. One that’s willing to talk about the insanity of this central bank-manipulated economy: “Financial markets have worryingly come to depend on central banks’ every word and deed,” says the oracle. Is it a bird? Is it a plane? No, it’s Claudio Borio, chief economist of the Bank for International Settlements!

And the plainspoken, obvious truths about the global economy’s precarious position don’t stop there. We live, Borio noted in a press conference late last week, in “a world in which debt levels are too high, productivity growth too weak and financial risks too threatening.” The market mayhem of August (“remarkable” gyrations of oil price, “sharp price moves with little trading” in FX markets, “dislocations” of equities markets) “were not “isolated tremors, but the release of pressure that has gradually accumulated over the years along major fault lines.” Continue reading

New Currency (Aurum) To Replace Dollar [Video]

Understanding the Aurum

aurumA fractional gram’s worth of gold is affixed to layers of polyester, creating a note called an “Aurum” similar in dimension and thickness to a U.S. dollar bill. This gold (usually 1/10th or 1/20th of a gram) is commercially recoverable. So an Aurum offers similar potential as a coin or bar, in terms of providing a vehicle for storing and exchanging known, dependable increments of precious metals just in much smaller (and more affordable) amounts than commercially available to date.

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The big idea here? In a world where a 1oz coin of gold costs over $1,200, an Aurum will let you hold a few dollars’ worth of gold in a single note. If you’ve got pocket change, you can be a precious metals owner.

And you don’t have to change your behavior. You can store and transport an Aurum in your billfold along with your dollars.

SF Source Karen Hudes