The contemporary quest for world order will require a coherent strategy to establish a concept of order within the various regions and to relate these regional orders to one another. ‘ Henry Kissinger, Henry Kissinger On The Assembly Of A New World Order [P]art of peoples concern is just the sense that around the world the old order isnt holding and were not quite yet to where we need to be in terms of a new order thats based on a different set of principles, thats based on a sense of common humanity, thats based on economies that work for all people. ‘ Barack Obama We reiterate our strong commitment to the United Nations (UN) as the foremost multilateral forum entrusted with bringing about hope, peace, order and sustainable development to the world. The UN enjoys universal membership and is at the center of global governance and multilateralism. ‘ Fifth BRICS Summit Declaration We support the reform and improvement of the international monetary system, with a broad-based international reserve currency system providing stability and certainty. We welcome the discussion about the role of the SDR in the existing international monetary system including the composition of SDRs basket of currencies. We support the IMF to make its surveillance framework more integrated and even-handed. ‘ Fifth BRICS Summit Declaration Here is where many political and economic analysts go terribly wrong in their examination of current global paradigms: They tend to blindly believe the mainstream narrative rather than taking into account conflicting actions and statements by political and financial leaders. Even in the liberty movement, composed of some of the most skeptical and media savvy people on planet Earth, the cancers of assumption and bias often take hold.
This post was published at Alt-Market on Wednesday, 02 December 2015.
“There are two kinds of realists: Those who manipulate facts and those who create them. The West requires nothing so much as men able to create their own reality.” Henry Kissinger, 1963 “But in these cases We still have judgment here, that we but teach Bloody instructions, which, being taught, return To plague the inventor: this even-handed justice Commends the ingredients of our poisoned chalice To our own lips…” Shakespeare, Macbeth Gold and silver are massively oversold here. The dollar is rallying and I suspect the precious metals are being carried lower here by the kind of overreach of trends that are obtained from the momentum traders. There were no deliveries at The Bucket Shop yesterday. There is still the slow leakage out of the warehouses and ETFs as gold flows West to East. A good chunk of gold bullion left the JPM warehouse yesterday. Let’s see if it goes anywhere special, or just sails into the sunset. The dollar at these valuations is choking the real economy. So we know this cannot last all that long since the economy is not robust, but is in fact than most economists would allow.
There are two things about which everyone need be clear: 1. The lack of clarity of the identity of the global elites, AKA Rothschilds and their ilk, who control the world’s money supply along with every government, and 2. The demise of the fiat ‘dollar’ and failed fiat Euro are not accidental. Everything, everything is planned decades, or more, in advance by the global elitSes. They control and use upper echelon characters, like Soros, Kissinger, et al, and their primary membership organizations like Council On Foreign Relations and United Nations, among others. This does not mean all the details are determined on a micro level, but the general direction in which the globalists want to move the world is not happenstance. Never forget their modus operandi: Problem, Reaction, Solution. They create their desired Problem, watch the public’s Reaction, and then swoop in with their intended Solution to solve the Problem few guess was started purposefully. The Solution almost always moves the elites closer to their New World Order agenda and always entails a loss of freedom for people. The Middle East has been under relentless attack for a few decades, growing into a disintegrating crescendo. Lebanon, Palestine, Afghanistan, Iraq, Egypt, Libya, and now Syria, still under attack by the US-created ISIS, Iran isolated and monetarily sanctioned, ostensibly threatened over their non-existent nuclear threat, another US false flag.
“There are two kinds of realists: those who manipulate facts and those who create them. The West requires nothing so much as men able to create their own reality.” Henry Kissinger, 1963 “But in these cases We still have judgment here, that we but teach Bloody instructions, which, being taught, return To plague the inventor: this even-handed justice Commends the ingredients of our poisoned chalice To our own lips…” Shakespeare, Macbeth People take their fashions from the leadership. And the leadership and role models in our culture are emblematic of our failures. In the news, Swiss Name Seven Banks In Precious Metals Rigging Probe. Precious metals took a hit today, as I thought that they might. The rally last week had more to do with the option expiration than it did with disclosures of physical tightness of gold bullion in particular. Glencore the commodity firm took a big hit today based on a sell-side analysts forecasts of doom.
The following video was published by McAlvany Financial on Sep 22, 2015 Drop in Oil may minimize importance of any Fed action What will replace the Kissinger Petro-Dollar dividend? Central planning crowd eyeing ways to force you to spend savings.
The US dollar has been the world’s reserve currency since Bretton Woods – about 70 years. The power and importance of Middle-East oil and the US economy and military have supported the dollar for about 40 years. Quick story: The world buys oil in dollars. (Thank you Saudi Arabia and Kissinger.) Therefore the world must purchase (support) dollars to obtain oil. The US supports the oil producing nations with military might. The oil producing nations collect dollars in exchange for oil and recycle those petrodollars back into US T-bonds and equities thereby supporting the dollar and the US stock and bond markets. The process works exceedingly well for the US since, as Bernanke noted, we have a printing press and can ‘print’ the dollars to pay for oil and other imported goods. But how much longer can the US maintain this dollar support process? Consider: FUNDAMENTAL ISSUES: AIIB: The Asian Infrastructure Investment Bank is clearly a threat to dollar dominance. Over 50 nations joined, including the UK, France, Germany, and Australia. This will weaken the dollar’s importance in world trade. China has purchased and imported a massive amount of gold bars in the past 5 years. The magnitude of the gold migration from the west to Asia has been obscured intentionally. Clearly the western central banks and governments do not want the world to know how much gold they have sold to China. China does not want to announce how much gold they have purchased, which might panic the gold market and elevate prices, making additional purchases more expensive. China’s gold hoard will become a threat to the reserve currency status of the dollar, a fiat currency backed only by ‘faith and trust.’
The following video was published by SGTreport.com on Apr 27, 2015 Investigative Journalist James Corbett of the Corbett Report joins me with some very bad news about the New World Order. James says that despite the formation of the BRICS Banks, the Shanghai Gold Exchange and the new Asia Infrastructure Investment Bank (AIIB), the International Banker’s plans to usher in their New World Order remain firmly in place and on track. How could that be when the evidence suggest that the world is moving away from the Dollar as wealth moves from West to East? Because, James says, “At the very top of this Bankster pyramid, the Chinese elite is connected directly in with the U. S. Western elite.” James has carefully documented the “8 Immortal Families” in his report on China and the New World Order which shows how the 8 Immortals are totally connected to Henry Kissinger and the Rockefeller-Rothschikld banking elite. This is the way they will lead us into a New WORLD Order. “The West is being engineered into a world system of governance and government that can only come about through the rise of the East. It’s been puppeteered from the very start. There is no doubt that China’s rise right now is something that has been long planned for and carefully engineered.”
Former Dallas Fed president Dick “Feral Hogs” Fisher may be worried about a major correction in amarket that is “hyper overpriced“, and he may be confused and unable to grasp that the only reason“traders are lazy” is because the Fed’s Chief Risk Officer has made them so, but when it comes to finding sources of funding there are no conerns or confusion at all. Because promptly after he officially resigned from the Dallas Fed, on Thursday March 19, the very next day the board of Pepsi announced that “On March 20, 2015, the Board of Directors (the “Board”) of PepsiCo, Inc. (“PepsiCo”) elected Richard W. Fisher as an independent member of the Board, effective March 23, 2015. Mr. Fisher will serve on the Audit Committee of the Board, effective March 23, 2015.” From the press release: Mr. Fisher, 66, served as President and Chief Executive Officer of the Federal Reserve Bank of Dallas from 2005 until March 2015. Previously, Mr. Fisher was Vice Chairman of Kissinger McLarty Associates, a strategic advisory firm. From 1997 to 2001, Mr. Fisher served as Deputy U. S. Trade Representative with the rank of Ambassador, where he oversaw the implementation of the North American Free Trade Agreement (NAFTA), the Bilateral Trade Agreement with Vietnam, and other trade agreements. During this tenure, Mr. Fisher was also instrumental in China and Taiwan joining the World Trade Organization. Mr. Fisher’s experience also includes serving as Managing Partner of Fisher Capital Management, a Securities and Exchange Commission registered investment advisory firm, and Senior Manager of Brown Brothers Harriman & Co., a private banking firm. Mr. Fisher also serves on Harvard University’s Board of Overseers.
This post was published at Zero Hedge on 03/23/2015.
President of France Georges Pompidou, President of the United States Richard Nixon and National Security Advisor of the United States Henry Kissinger met on December 13 and 14, 1971, at the Azores to negotiate the value (rigging) of gold and all other major currencies in the world at the time. Three months prior to the meeting Nixon had halted the convertibility of US dollars into gold for foreign nations at the US Treasury. The French were the most vocal critics of the United States’ flexible monetary policy, or what some people callendless money printing.
Tensions and volatility inevitable as world redefines itself China and Russia forming powerful anti-US alliance Potential for geopolitics to become core to risk assessment/return World Order is the title of the latest book by Henry Kissinger, the former US Secretary of State and National Security Advisor, and it’s riveting stuff. Kissinger draws on his deep experience of decades of shaping foreign policy and observing the complex interactions between nations and ideologies to develop a timely analysis of the world and where it’s heading. Some of Kissinger’s central themes are drawn out in an interview with Charlie Rose in Bloomberg Businessweek. A key concept is that the world goes through frequent cycles of redefinition and these periods mean increased tensions and higher volatility. China and Russia are now forming a strong anti-US and anti-dollar alliance. This alliance is expanding in magnitude and impact as China increases its presence not only in Africa but also in Club Med via infrastructure investments. The new world order means less US dominance, a gradual weakening of reserve currency advantages and trade areas away from from Europe and the US. Add to this the much-needed fight against radical Islamism and we have a potential for geopolitical risk finally becoming part of risk assessment and return.
This post was published at Zero Hedge on 10/09/2014.
One of the rules by which the elite aristocrats abide is they consider it rude to not issue a warning before they do something bad to us. They’re like criminals with manners. In other words, it’s gauche to flush the toilet while the serfs are in the shower without giving us a ‘heads up.’ – John Titus, engineer and attorney What worries me the most in the midst of all of this geopolitical chaos going on right now is the message in this article written by Henry Kissinger and published by the Wall Street Journal: Henry Kissinger On The Assembly Of The New World Order. The title alone in conjunction with the man writing it should be enough to frighten everyone into moving as much as they can OUT of the system and into precious metals. Kissinger must be seriously insane with the quest for complete global power to be consolidated into the hands of a few U. S. corporate and military complex elitists. The foundation of his argument is based on the two assertions of ‘fact’ he makes which are probably the biggest lies ever told in the history of organized civilization:
The following video from OneTruth4Life explains how America’s founding fathers created a sound money system, framed within Article I, section 8 of the Constitution. It goes on to describe, in full detail, what’s happened since then – anti-Constitutional acts by certain government leaders and bankers, which debased the currency at various moments in history. These acts seem to become more blatant as history proceeds, and have led to, or have been the primary motive for most, if not all, the military conflicts. Furthermore, it will be the primary factor that will have brought the nation to its own doom at some point in the near future.
Lindsey Williams published this book in 1980, after spending two and a half years as a chaplain for the crews working on the Trans-Alaskan Oil Pipeline. As a Christian pastor, Lindsey’s first priority was to give spiritual guidance to the souls working on the mufti-billion dollar pipeline project. But as he gained acceptance among all the members of the workforce, including those in high executive positions, he began to realize that a major scandal was being executed by the US and state governments at the expense of the American public.
Pastor Lindsey Williams became close with an Atlantic Richfield (ARCO) executive, whom Lindsey refers to as “Mr. X.” (Note: Mr. X is now deceased and Lindsey has identified him as Kendall T. From.) As Lindsey began to learn from Mr. X and understand more about what was happening on the North Slope of Alaska, he invited former state senator of Colorado, Hugh Chance to come for a visit and bear witness to the situation. And it was while Mr. Chance was touring the area and interviewing the people there that Mr. X divulged that the ‘story’ of the energy crisis that the government and the media were pushing on the public was misleading. Mr. X postulated at that time that the purpose of distracting the American public was to control the price of oil and to regulate the privately owned oil companies to the point where they could be taken over (nationalized) by the government.
Mr X had shown Lindsey and Senator Chance all around the area of the Prudhoe Bay oil fields on the North Slope. Senator Chance was apparently surprised at the vast oil wealth of the area, because he and other public officials had been told by the federal government that there was an energy crisis. But the oil available in just the state-approved, 100-square mile area at Prudhoe Bay was estimated to provide 2 million barrels per day for 20 years into the future. This meant there was no energy crisis. Furthermore, Lindsey would go on to learn that the oil on the northern perimeter of the ‘governmental 100-square mile boundary’ would have even more oil. That was proven in a test drill on Gull Island. But the government stepped in and forced the company to cap the Gull Island well and to leave it alone, citing environmental concerns. Mr X had estimated that there’s as much oil, or more, under the state of Alaska than there is in Saudi Arabia!
Furthermore, the natural gas that exists there would be enough to supply the US with all its needs for the next 200 years! And it would have been relatively easy to tap into this resource, given that much of it comes up already with the oil. But again, government regulations are forcing the oil companies to re-inject that gas back into the ground at an exorbitant cost. Building a separate pipeline along the same route as the existing oil line would be relatively simple as well. But instead, as Lindsey describes, the natural gas project would be buried in politics, due to an alternate route proposed through Canada.
During the entire project, Lindsey noted that the federal and state governments were stepping in and regulating the Alyeska Pipeline Service Company (at the time, made up of 9 major oil companies) at every turn. Strict standards needed to be adhered to regarding all aspects of the drilling and pipeline work. Special out-houses (portable toilets) had to be built at $10,000 a piece. All vehicle traffic had to stay on the specially built road and not veer one inch off into the frozen ice-covered tundra, lest a hefty fine be levied. Federal and state government watchdogs were on the prowl at all times waiting to cite any transgressions against any regulation. And shooting/hunting bears was anathema. (Except, of course when the state employees did it.) Regulations were even changed mid-way through the project and permits were withdrawn. Re-permitting meant more delays.
But the project pushed on, and nearing the end it was reaching a successful conclusion. Then came, what Lindsey describes as the government’s last effort to halt or slow the flow of oil from the North Slope. A propaganda campaign was launched against the quality of the welds in the pipe joints along the pipeline. It threatened that each of the welds would potentially need to be re-worked. And worse, many miles of the pipe were underground. This would have been a killer, but in the end, the welds were proven to be satisfactory.
The initial estimated cost of the pipeline project was $600 million in 1971. But with all the added regulation, delays and fines, the cost approached $12 billion in 1976. And this is where Lindsey estimates that the government was successful. Because in order to actually finish the project, ARCO had to borrow ‘the net worth’ of the company. This will not only limit future profits, but further serve to regulate the Alyeska Pipeline Service Company through financial as well as environmental means.
Finally, as the oil flowed successfully, yet another campaign against the Alaskan oil deposit was launched. Rumors had been initiated that the quality of the oil was unsatisfactory and that US refineries could not ‘crack’ the crude. Specifically, it was said that the oil coming from Prudhoe Bay had too much sulfur content to be properly refined by US refineries. But when Lindsey asked his friend, Mr. X about these claims, Mr. X simply laughed and said the quality of the Alaskan oil was as good or even better than the oil currently being imported from other countries. Lindsey was shown chemical analysis data showing the Alaskan oil had only 0.9% sulfur content. (And here’s a 1975 report from the US Department of the Interior that shows the differences between the sulfur content of oil found in different regions of the world. Alaskan oil is shown to be of even better quality than that of Saudi Arabia.)
So why was the state and federal governments stepping in to delay or stop the private oil companies’ progress? Was it indeed done with the conspiracy to nationalize the oil companies?
If there’s that much oil under the North Slope, wouldn’t that be a good thing for America? Oil prices would fall and the price at the pump would be dramatically lower. Perhaps this is what the government was trying to avoid?
Secondary Note: Lindsey also makes a special point about the frozen tundra. It was witnessed by Lindsey and the pipeline crews that underneath the ice at Prudhoe Bay, there exists a ‘tropical forest’ at a depth of approximately 1,500 feet. While drilling, there were several occurrences of the teams bringing back to the surface such foliage as palm and pine trees. This foliage was in a frozen state and was not petrified. It reminds one of the book by Immanuel Velikovski, Worlds in Collision. where the climates of the various geographies of the earth were dramatically altered as the axis was suddenly spun by as much as 90 degrees. Velikovski cites examples of healthy organisms being instantly frozen, thus incapable of decaying normally. There was even mention of a wooly mammoth found completely intact, even with undigested vegetation in its mouth.
There’s been much discussion on the Fed’s newest monetary easing policy. The markets received their much anticipated stimulus and are reacting positively (for now). But as previous posts have indicated, the Fed’s stated objectives and motives are questionable at best. For a few steps further down the rabbit hole, here’s a must-see video from CrisisHQ.
“If you want to understand what’s happening in the Mideast, particularly in Libya, Syria and Iran, you must first understand the main driving force behind U.S. foreign policy. Contrary to mainstream media propaganda, it is not our desire to spread democracy or to prevent tyrannical despots from murdering their own citizens. The real agenda is to protect the Petrodollar system, because it is the only thing that is currently preventing the total collapse of our fiat currency.”
There’s a popular theory among the world population that the U.S. launched wars in the middle east in order to control its oil reserves. On the surface, this seems entirely logical, but the truth of the matter may be much more sinister, and one should look a little deeper into the situation. It’s not the oil reserves the U.S. is after, although oil does play its part in this charade. The main concern of the U.S. in these wars is more likely the maintenance of its hegemony with U.S dollar as the world’s reserve currency.
The U.S. dollar became the de facto world reserve currency after World War II, when delegates from around the world met and together agreed to what became known as the Bretton Woods System. Under this system, the U.S. dollar would be linked to gold at $35/ounce. All other nations would tie their currencies not directly to gold, but indirectly through the U.S. dollar. This meant that those nations would hold dollars in their foreign reserves to support their local currencies. In order to obtain dollars, those countries had to either borrow them from the U.S. Federal Reserve or earn them with a trade surplus. The U.S. got a sweet deal here – perhaps justified due to the fact that after the war the U.S. was indeed the strongest, most productive nation on the planet, along with a huge stash of physical gold.
This system worked well for the world and especially for the U.S. during the prosperous years of the 1950’s and 60’s. But with the U.S. printing its own dollars to cover its increasing debts, including the vast expeditures on the Vietnam War, the world became concerned. Suspicious that the U.S. gold reserves would not cover the existing issue of paper dollars, countries began to trade in their reserve dollars for gold at the U.S. treasury using the pegged value of $35/ounce. The U.S. gold stash was steadily declining.
In order to prevent the total depletion of U.S. gold supplies, in 1971 the Nixon administration closed the gold window – nations were no longer allowed to exchange their reserve dollars for gold. It was the end of the Bretton Woods System, but not quite the end of the U.S. dollar hegemony in world reserve currency status.
One must then ask the obvious question: Why would a nation now hold a seemingly valueless paper dollar as a reserve currency, especially since its tie to gold has been cut?
The answer: The Petro Dollar.
After Nixon closed the gold exchange window, the dollar was a free floating fiat currency, competing with other currencies around the globe. Inflation started to escalate since there was no tie to gold anymore. In fact, in 1975 the average price of gold was $160 – more than 350% increase in just 4 years since abandoning the gold window. Additionally, OPEC nations had been using the dominant dollar as a preferred payment method for their oil exports, but now they were starting to lose money as the dollar lost its value. In 1973, OPEC launched an oil embargo, raised prices and started internal discussions on the logistics for trading oil for other currencies including gold. Steps had to be taken by the U.S. if it was to re-secure the dollar as the strong world reserve currency.
The first step was taken in 1974 when Secretary of State Henry Kissinger launched the U.S.-Saudi Arabian Joint Commission on Economic Cooperation. Kissinger used the term “petrodollar recycling” to refer to the overall plan, which was to allow Saudi Arabia to purchase U.S. assets and services with the dollars it was receiving for its oil sales. A beneficial result for the U.S. was that the Saudi Arabian central bank (SAMA) could now use its dollar proceeds to buy U.S. debt (Treasury bills, bonds, etc.).
But the most beneficial outcome for the U.S. was that Saudi Arabia, the most dominant member of OPEC, would agree to continue to accept only U.S. dollars in exchange for its oil sales and would convince the other members of the cartel to do the same. By 1975, all OPEC member nations restricted their oil trade to dollar transactions. To this day, as long as these key oil states play along, their leaders are showered in luxury and are quite secure in that they’re guaranteed the defense by the U.S. military and its industrial complex.
Meanwhile, countries around the globe must accumulate dollars in their own foreign reserves in order to import the most vital energy component – oil. Nations have to aquire those dollars the hard way – by borrowing from the U.S. Federal Reserve or earning them by trading resources, goods and services to other nations for dollars. But the U.S. enjoys the outrageous advantage of being able to print as much of the world’s reserve currency as it wants. Not only has it been able to use these dollars to purchase its own oil on the cheap, it has been able to continually out-do itself in annual deficit spending, now in the trillions of dollars, because it has had captive buyers for its debt.
One would think someone would cry “Foul!” Well, someone did. The first nation to step away from this rigged system was Iraq. In November of the year 2000, Saddam Hussein declared that Iraq would no longer accept the dollar for trade in the Oil for Food program. Instead, the oil would be priced in and exchanged for Euros. Many said this would be a bad investment for Iraq at the time, but the move was actually beneficial because the dollar declined 17% against the Euro until the U.S. attacked and accomplished its mission in May of 2003. Of course, now that the country was “stabilized” the Iraqi oil trade was repriced in the dollar market again and things went back to “normal” for a while.
The system would be challenged a second time, this time by Libya. In February of 2009, Muammar Gaddafi was elected the chairman of the African Union and would continue the effort to create the United States of Africa, which among other things, would include a unified currency, a dinar based on gold. Gaddafi went so far as to suggest that the African nations’ oil trade would be switched from the dollar to this new gold currency. Here’s a segment from Russia Today:
Furthermore, it’s quite interesting to note that prior to the Libyan Revolution in February of 2011, Libya didn’t have a central bank linked with its western counterparts. It’s strange that before the “rebels” even had concluded battle, before they had even established a new government, they created a central bank.
And now the petro dollar has a third challenger – Iran.
However, attention should be given to recent events. Early in 2008, Iran launched a new commodity exchange known as the Iranian Oil Bourse. The intent was to allow for Iranian oil to be priced and traded with multiple currencies. As the system was ramped up, initially the exchange limited its trade to secondary petroleum products, with crude oil to be added “when the system was ready.” Iran recently announced it would be ready on March 20, 2012. This was a declaration of war on the petro dollar!
Japan, China, India and Turkey are among the countries who’ve been dependent on Iranian oil to some degree. Various discussions have been taking place between Iran and its trading partners on the possibility to enlist trade for other commodities such as gold or grain. Unless someone caves in here, another war – perhaps a big one – seems to be on the horizon.
If you want to understand what’s happening in the Mideast, particularly in Libya, Syria and Iran, you must first understand the main driving force behind U.S. foreign policy. Contrary to mainstream media propaganda, it is not our desire to spread democracy or to prevent tyrannical despots from murdering their own citizens. The real agenda is to protect the Petrodollar system, because it is the only thing that is currently preventing the total collapse of our fiat currency.
Source material from books (available at Amazon) on the petro dollar: