See previous updates here.
While researching for an entry on the financial system takedown, I came across a rather interesting document: Gold, the renminbi and the multi-currency reserve system. Here is a snippet from its foreword…
…(Take note of the expectation of “twin shocks” from the dollar and euro.)
…(Take note of the expectation of “twin shocks” from the dollar and euro.)
The author of this foreword, Baron Desai…
…of the notorious London School of Economics, has a rather interesting pedigree. From Wikipedia…
“Meghnad Jagdishchandra Desai, Baron Desai (born 10 July 1940) is an Indian-born, naturalised British economist and Labour politician. He unsuccessfully stood for the Speaker in the British House of Lords in 2011, the first ever non-UK born candidate to do so…
Currently, he is chairman of the Official Monetary and Financial Institutions Forum (OMFIF) Advisory Board, an independent membership-driven research network. It focuses on global policy and investment themes for off the record public and private sector engagement and analysis…
He was made a life peer as Baron Desai, of St Clement Danes in the City of Westminster, in April 1991 [a “life peer” is someone who has been granted a non-hereditary title of nobility by the British “royals”]…
In 2003, he retired as Director of the Centre for the Study of global governance, which he founded in 1992 at the London School of Economics (LSE), where he is now Professor Emeritus.”
So this is a guy who is in deep with the globalist London Establishment. That makes what he suggests in this foreword all the more interesting. After establishing the East versus West dialectic for his readers, he goes on to say this…
“I favour extending the SDR to include the R-currencies – the renminbi, rupee, real, rand and rouble – with the addition of gold. This would be a form of indexation to add to the SDR’s attractiveness. Gold would not need to be paid out, but its dollar or renminbi or rouble equivalent would be if the SDR had a gold content. By moving counter-cyclically to the dollar, gold could improve the stabilising properties of the SDR. Particularly if the threats to the dollar and the euro worsen, a large SDR issue improved by some gold content and the R-currencies may be urgently required.”
This just goes to show what a scripted farce the whole East versus West conflict has been. Here is a high-level London Establishment minion calling for the BRICS currencies and gold to be added to the SDR basket, and he even broaches the subject of the inclusion being done urgently if a problem develops with the dollar and euro. Of course, none of this is a surprise to you if you are a longtime reader of this blog. Here is an excerpt from Globalist Agenda Watch 2015: Update 14 – The coming BRICS gold standard, Ron Paul, and the Rockefellers…
BEGIN EXCERPT>>> I just came across a Zerohedge article titled “Is Russia Planning A Gold-Based Currency?” To give a simple answer to the question posed by the title, “yes,” both Russia and China (and possibly other BRICS allies) are planning to go to a partial gold backing for their currencies. And once they do, the globalist propaganda organs will laud the move as “the masterstroke that peacefully defeated the Western banksters.”
The (globalist orchestrated) BRICS move towards a partial gold standard goes beyond their own national currencies, though. To “save the international financial system from cataclysm,” they will also offer a portion of their gold reserves to back the IMF’s SDR, and they will receive a large allotment of SDRs in return. This “gold for SDRs” strategy was hinted at in a (UK) Royal Institute of International Affairs paper titled Adding Gold into the Valuation of the SDR…
According to the globalist script, in return for “saving the IMF and the international financial system” with their gold, the BRICS (particularly China) will demand sweeping governance reforms of the IMF and the rest of the UN Complex, as well as a Chinese IMF head. The Chinese would then “own” the New World Order system in the way that George Soros described back in 2009 (if you haven’t read the linked article, please do so; you’ll find it complements this one quite nicely). <<< END EXCERPT
And here is a relevant excerpt from Globalist Agenda Watch 2015: Update 16 – The BRICS and the UN governance reform scam…
“Once we reach the Transition Point in which another Lehman-type crisis is staged and the dollar is taken down as the main global reserve currency, many (if not all) of the BRICS currencies will be added to the IMF’s Special Drawing Rights currency basket, and many (if not all) of the BRICS nations will take seats as permanent members of the UNSC.”
[Update 72 – 14 September 2015]
More Crisis Clues from the Economist
Back in Update 4, I showed this graphic from the Economist’s famous 2015 cover…
…It shows the Federal Reserve kicking off a financial panic.
And during this morning’s infoscan, I ran across an entry on the Investment Watch Blog that unlocks some more of the symbolism from the cover…
> At the bottom left, it shows the world as a football sitting on a tee. And when do footballs sit on tees? During kickoffs. So I would agree that this shows the world’s “big game” kicking off during football season (which itself kicked off this week).
> At the top right, it shows a ghost together with the word “holiday.” Given all the talk I’ve heard on Daystar TV about the Jubilee Year…
…(which starts this September and ends next September and will supposedly bring war in the Middle East and the restoration of Israel) and the four blood moons (the last of which occurs late this month), I would agree that this indicates the old system becoming a ghost during that timeframe.
…(which starts this September and ends next September and will supposedly bring war in the Middle East and the restoration of Israel) and the four blood moons (the last of which occurs late this month), I would agree that this indicates the old system becoming a ghost during that timeframe.
> At the bottom right, there is a different interpretation I would offer. It shows a Sumo wrestler (which is Japanese, not Chinese) holding a battery (which represents power). So if you pair a muscle-bound Chinese panda bear with an Asian wrestler holding a battery, it might represent Asia holding the power.
For the previous updates from this series, click here.
Much love…
_________
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