China Gold Could Cause Tsunami of Dollars in US-Rob Kirby
By Greg Hunter’s USAWatchdog.com
Gold expert Rob Kirby arranges deliveries of the yellow metal to his clients measured by the ton. Kirby says news that China may disclose it has 30,000 tons of gold will be devastating for the West. Kirby contends, “We could be fast approaching the moment when the tide is going to turn and go out, and we are going to find out who’s wearing a bathing suit. I think that time is fast approaching, if it is not here already.” Kirby also says, “I think the implied message is we are going to show you how much we have, and then you are going to have to show us how much you have. . . . America, very likely doesn’t have, in my view, doesn’t have the gold they claim to have. They also probably spent a lot of other people’s gold in safe keeping.”
What would happen to the U.S. dollar if China revealed a vast holding of physical gold? Kirby contends, “If this would destabilize the dollar enough . . . it could cause a sudden drop in the U.S. dollar, which could signal a tsunami of dollars coming back to America and could set off a very, very ugly, ugly bout of inflation, which could build into a hyperinflation in America. This would bring social unrest in America. This is the social unrest the U.S. military and the Pentagon have been saying is inevitable and is coming to America. This is exactly the kind of backdrop you would expect to have before this would occur.”
Kirby points out, “The problem is our global capital markets have become criminal cesspools. Our global capital markets right now are crime scenes. The regulatory regime installed by the leadership of America to prevent this all from happening has been vacant. They are derelict, and they are part of the problem. It starts with the repeal of the Glass Steagall Act back in the late 1990’s. You got to look back to see the context of where this train left the tracks. This is not a derailment. The derailment occurred a long time ago. Right now, the engine of the train is in the middle of a corn field, and it’s still moving.”
On Secretary of State John Kerry’s recent meeting with Russian President Vladimir Putin, Kirby says, “I think increasingly the West is trying to finesse a very bad card hand. When you know you are playing a weakened hand . . . your bets are going to become less aggressive, and you are going to adopt more of a defensive posture and possibly a pleading, and it might get to a begging posture at some point in time. . . . I feel they may want to find some sort of diplomatic track other than what the neocons have been prescribing all along. I think this bellicose belligerent track leads us down the road to nothing but war. I think maybe it’s beginning to hit home . . . how real and palpable the possibilities of war are becoming. If we get war, it will be total war. This is the track the neocons have put America on and the rest of the world. Maybe they are having a come-to-Jesus moment.”
On the timing of the next financial calamity, Kirby says, “It wouldn’t have shocked me if it happened last fall. The only thing I can say empirically is we have been kicking the can down the road for a long time, and when you kick cans down roads . . . none of them go forever, and it comes to a point you run out of road to kick the can, that is assuming that nobody comes in and takes the can away.”
Kirby warns, “People who have their net worth solely in financial assets, paper instruments, are going to witness, at some point, an extreme reduction in their standard of living. That is a fait accompli. It is going to happen. I don’t know what day that is going to happen, but that is a guaranteed outcome from where we are today from the trajectory we are on right now.”
Join Greg Hunter as he goes One-on-One with Rob Kirby who gives what he calls “proprietary macroeconomic research” on KirbyAnalytics.com.
(There is much more in the video interview.)
After the Interview:
Kirby says anyone who is not aware and prepared for what is coming is going to feel like they have been “hit by a train.” Kirby has a newsletter by subscription for a fee of $145 per year. If you are interested in subscribing please click here.
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
Sig, Jerry, PfI
https://www.facebook.com/PatriotNewsList/videos/vb.746374865405628/778114865564961/?type=2&theater
IS THE END NEAR?
“The End”—What Does it Mean?
When you hear the words “The end is near!” what comes to mind? Do you think of a wild-eyed preacher thundering from the pulpit and gesturing dramatically, Bible in hand? Or do you picture a bearded old man standing on a street corner, wearing a long robe tied at the waist with a rope, holding a sign bearing a doomsday message? Imagining such scenes may make some people feel concerned, while others may feel skeptical or even amused.
The Bible does state: “The end will come.” (Matthew 24:14) The same event is also called “the great day of God” and “Armageddon.” (Revelation 16:14, 16) True, there is much religious confusion on the subject and strange, gloomy notions abound. Nonetheless, the Bible itself is quite clear about the end—revealing what it is and what it is not. God’s Word also helps us to see clearly whether the end is near. Best of all, it teaches us how to survive!
Probably the US is looking for a “deal” from Russia “to hold on to their Treasuries” … and likewise get a “deal” from China to hold on to their Treasuries (by offering them a significant place in the SDR weighting) … if not the “End is Near” as the likelihood of “a dollar tsunami” is not only possible … but can be exasperated by an increased possibility of war … which will then require the Fed to print up many many trillions more dollars “out of thin air” to pay for war!
Matilda. The Lord told me the day and hour he will return. Now I will tell everyone.
At the time you think not. The signs of the end are, and have been forever present.
No man know the time of the coming, not even the “Son.”
If Jesus doesn’t know, no one down here does
George. That is what I am saying.
When I hear the words, “the end is near!” it harkens to mind a bunch of degenerate, soulless, immoral scoundrels and liars ingratiating themselves to all my wealth while delving into every form of debauched “pleasure” they can dream up as they pliantly occupy a seat of power corrupted to the point that it is owned by a macabre carousel of deviant freaks who have seized control of our government for the sole purpose of pillaging the society it sits atop of. I see a society crumbling under the ever growing weight of its own apathetic detritus, drooling on itself as it is bent over and abused like some male escort in a K street bungalow. I see a puddle eyed, slack jawed people who do not even have the dignity to at the very least acknowledge the raw crimes being committed against them by a sorry lot of helpless morons. I see a system of pure vandalism being allowed to operate at full tilt, burning everyone’s hard earned dollars so that some might turn a profit of a few pennies. I see a future being totally destroyed and the entire race of mankind being sold into the yawning arms of chaos for the contrived and warped benefit of a few of the poorest excuses of human beings I have ever thought possible to exist. I see people being deluded into thinking they are powerless against the crippled, without recourse when wronged by the lame and swindled time and time again by the same tired tricks of simpleminded opportunists. I see where the very worst traits and tendencies and flaws in mankind are cultivated, nurtured and harvested like some great crop of filth year over year whereby the noxious odors that the chaff of such a harvest generates chokes my soul to the point I can no longer breath but only gasp.
When I hear the words, “The end is near” I imagine them being passed through the cracked and nearly inanimate lips of a broken man who just cannot take it anymore and is pleading to God for some kind of relief before he succumbs to the relentless tide of bullshit that is swallowing him whole.
Brian,
I have to admit you are a very good writer. Word usage and composure is really good – but quite dark. Much of what you describe is true. But poking your head out of the fox-hole can get your brains blown out. And I assure you that there are positive aspects to life. Like Neo, you may need to unplug a little.
yeah, I can get a little over the top, a little heavy handed, maybe even a little sappy sometimes, its just my personality.
Well said and well met
Matilda Waltzing…..
The end has been near ever since Christ preached about it when He was on earth!!
you said ……..the end what does it mean?
What it means is ………………..for those that believe in Christ, they are comanded to keep on the watch, to not fall asleep,for no one knows the hour when our saviour will arrive.
For those yet unaquainted with the Lord, we pray for their enlightenment.
The Great Tribulation will be a time when millions will awaken to their ignorance and believe in Christ and thus be saved.
The apple or stick mentality of bringing people to heal, and submitting to Christ is not of God nor is it taught in the bible.
[which I feel your post has that under lying message]
Their is no modern day ark,their is no church, their is No organisation that can deliver us,no Kingdom Hall that will give us Divine protection,our survival solely rests on our faith in Jesus Christ being our saviour and the Grace that has been freely given to us even though not deserved!
Hear the sounds of the Shofar. We are being warned of his coming approach.
https://youtu.be/amSpXvyPRrg
Jerry,
Whatever that may be, it’s definitely NOT a shofar! I grew up hearing them blown and they’re nothing like that at all. I would suspect something like HAARP or other technology, but it is not the “sound of the trumpet” spoken of in the Bible, I assure you.
Allen
Is it my imagination or is he getting better looking!
Cheers
Col
🙂
LOL
Good one.
Now I see why folks say Obama is hypnotic. A bit over to much with breakfast.
Allen.
Now we know where his heart is.
jerry, He is a 100 or more times worse than bill clinton, or geo. w. bush.
Allen,
He brings new meaning to “lying through your ass”. Tks for posting it. 😉
sig, My thoughts as well, It is hard to believe people were so blind to his connections to Bill Ayers, Jeremiah Wright, Saul Alinski.
Allen … this was pretty “gross” for those with decent sensibilities!
pau, i agree, it is hard to believe the sensibilities of voters of this a-hole.
Right Paul. Oatmeal will never taste the same. All in fun.
Allen Ols: Just got done processing a colonoscopy. Took a peak at your video having no idea what it was about. Funny!
Matilda – whatever one’s take on how the end will take place, Cormac McCarthy’s ‘The Road’ (in book or DVD form) portrays the sheer desolation of what, pray God, believers will be spared from. Thank you Greg once more.
donna, correct, obaahaaama is a total joke.
As Rob Kirby explains … China showing the world its gold … if combined with a decoupling of the Chinese currency from the US dollar … will weaken the US dollar and destabilize the Treasury market … then as people and governments worldwide turn in their Treasury holdings … the Fed must buy up all these unwanted Treasuries … meaning the Fed will have to print “out of thin air” approximately five(5) trillion new dollars a year “in a massive stealth QE4” to pay off the holders of the Treasuries being turned in … all this new cash will be spent as quickly as possible as the dollar will be falling in value … and will create inflation (or hyper-inflation) … and at that point the price of gold and silver along with food, oil and other commodities will rise.
Past tense IMO.
Where do you think all those spendable USD’s the Chinese are throwing around came from?
The PBOC was made a primary dealer to hide their true holdings , not to facilitate new buying.Without a FedRes audit, we have no idea whats really going on.
The last one revealed $16tn in illicit funding,I’m sure its far worse now.
Winston
Correct me if I am wrong, but to my knowledge there has been no audit of the Fed since 1953. I remember this date mainly because it was the year before I was born.
Cheers
Col
Paul,
‘Critical times hard to deal with will be here.’ – 2 Timothy 1:3. Revelation 6:6 (EXB) | In Context | Whole Chapter
6 Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, “A quart of wheat for a ·day’s pay [L denarius; C a Roman coin equal to a day’s wage], and three quarts of barley for a ·day’s pay [L denarius; C inflated prices caused by famine], and do not damage the olive oil and wine [C indicates only partial destruction; vines and olive trees endured drought better than wheat and barley]!”
The price given, therefore, denotes great scarcity, though not an entire absence of food, since a man’s wages would barely suffice to obtain him food. Barley, which was the coarser food, was obtainable at one third of the price, which would allow a man to feed a family, though with difficulty. A season of great scarcity is therefore predicted, though in his wrath God remembers mercy. . .
See thou hurt not the oil, and the wine—the luxuries of life; the cry for the oil and wine to be spared for the refreshment of the elite, never mind that the less well off will be going with out the necessities of life, bread!
We are probably in store for a hyper inflationary depression. Many of the world’s countries hold dollar reserves in Treasury bonds. When lack of confidence reaches a certain point, these instruments will be sold and dollars will be spent, as Paul pointed out. As Rob K said, this will cause a rapid flow of dollars back to the US which will precipitate hyper inflation which will ultimately cause destruction of the current system. IMO, During the grand reset, all dollar based paper assets including FRNotes will be revalued. Real assets will be higher priced accordingly. If the new system used by a majority of the world’s trading partners is backed by gold, a more honest system will evolve. Better hope our gold is still in the vault or we will really have problems. Rob joked about we lost ours and stole a bunch of other peoples gold along the way.
Along with the destruction will come something new. Depends on who is in charge as to what the new system will be. A post Orwellian fascist dystopia or perhaps a more hopeful resurrection with a much smaller national government, a renewal of personal rights and a disbanded Wall St. For the evil ones who brought this all upon us, may they suffer greatly in the end.
it would. And who will buy their products? Factories grind to a halt, peasants rise up. They can bring us down with GREAT INJURY to themselves. If you look at a scenario, look at all of it.
when the Prince of the empire declares national service should be reintroduced as it is a positive experience for young people it becomes clear NS is in the pipeline.
“China Gold Could Cause Tsunami of Dollars in US”. Why would China do that? The way I see it, China will suffer no less than the USA should she make this move. China is an export economy and exports make about 70 per cent of its GDP (at least that was the data last time I checked). Most of the production goes to the USA, Japan and Europe and a smaller part remains for the chinese consumers. Chinese purchasing power is still relatively low compared to the West. Announcing so much gold would lead to a much stronger RMB which would lead to nobody buying chinese goods any longer – the USA, Europe, Japan, etc all go bankrupt because they won’t be able to compete with chinese gold reserves and as a result China loses all the major markets where she is making money. Since chinese consumers have a low purchasing power, China can’t really rely on them to support an already messed up economy (shadow banking, fake GDP growing numbers). It is a road to financial destruction for China and I doubt the Chinese government wants to see Tiananmen square occupied by students, peasants, and redundant factory workers.
I believe China has been buying all that gold in order to gain leverage over the IMF. China wants the RMB included in the SDR, and rightfully so, in my opinion. The bilateral trade deals and the accumulated gold should help when negotiations begin this autumn.
China needs years to restructure its economy and it is trying to do so by relocating millions of peasants from the countryside to the cities (some of which have been built especially for that reason). However, such a reform takes time, especially given the size of the Chinese population. Educating your population and making it more qualified for the new jobs in the city requires time too. My point is that it would take years (if not decades) for the Chinese economy to become less vulnerable and independent from the West.
To sum it all, I don’t think that it is likely for China to act the way Mr. Kirby said (even if they have 30 000 tones of gold, which is doubtful). China simply has a lot to lose – closing all those factories would be as big shock as the collapse of the usd for the USA. In my opinion, China would act in such a way only in extreme circumstances – an impending war with the USA, for example. Let’s hope that never happens!
Alex,
I seems China has a two-fold problem – One. Get out of Dollar denominated assets; because they’re getting cheated royal. Two. Diversify their products into other markets, including their own, Russia, and the new Silk Road. I think they will TRY to phase-out the American Market gradually.
Your analysis is dead on. That is why China has been accumulating gold. Through accumulation, they can force their participation in (and share in the profits of) the western monetary system. China wants in on the control advantages of the financial and political manipulations characteristic of the west’s monetary system — not to destroy same. They will be just another crook seated at the monetary table of the world.
Hope it is not true … we don’t need additional crooks … but even if these Chinese policy makers are “new crooks” trying to establish the yuan as a reserve currency … backing it with gold to help attract foreign capital inflows … according to Bloomberg for China to create an exchange rate of one ounce of gold for every $64,000 … the country would need about 10,000 metric tons of the metal … 30,000 metric tons of gold would create a currency that backs about $21,000 with one ounce of gold.
The US (with its deep storage gold) can only back $52,200 dollars with one ounce of this buried gold! … so even if the Chinese turn out to be new crooks on the block … with 30,000 metric tons of gold backing their currency the Yuan will be 2.4 times more valuable then the US dollar! … What this means is … you can currently buy a Yuan for about 12 cents in American money … when the re-set comes that Yuan will be worth $2.40 … or stated another way … one US dollar will be worth 20 times less then one Yuan! … meaning that a 500 Yuan “one ounce gold coin” will cost you $10,000 US dollars to buy … the question you may ask is will the one ounce US gold eagle also sell for $10,000 dollars? … the answer is “yes” because it will be exactly comparable to a 500 Yuan one ounce gold coin!
Correction!! … the Yuan is currently worth about 16 US cents (not 12 US cents) … therefore upon a re-set … one US dollar will be worth only 15 times less then one Yuan … meaning that a 500 Yuan “one ounce gold coin” will cost you $7,500 US dollars to buy! … with gold currently at $1,200 dollars per ounce we are looking at a six bagger in a relatively short period of time!
With gold at $7,500 an ounce silver will trade at $625 per ounce assuming a 12 to 1 ratio … that is 36 times the current silver price … is it any wonder JP Morgan Chase bought 350,000 tons of silver!
They may want to focus on internal growth rather than export growth. A stronger currency stimulating Chinese middle class consumption would offset some of the losses in exports to the US. Many of their trading partners wish to leave the dollar based trade system as it stands now. IF the Chinese reveal they have 20-30,000 tons of gold, many will be wanting to store their reserves in Yuan YCL instead of in dollars.
Why would China want to continue trading with the U.S. and receive worthless paper? Should the U.S. put up something of value like grains, beef etc. China may be interested although I think they plan to get a lot of that stuff from South America.
Alex … you know it may seem like China will be shooting themselves in the foot by revaluing their currency upward … as it will potentially hurt their exports … but if Chinese monetary actions create “a hyper-inflationary currency crisis” in Europe and America … then the artificial inflation created (by means of a hyper-inflationary collapse of the Euro and US dollar) can in fact serve to boost demand for manufactured Chinese products even at extremely high prices!
Rob is absolutely correct …..to understand where we are at…..you need to first “peel the layers of the onion back”. That is saying ….get to the root cause. That way you can form the BIG picture.
Don’t limit the extent of your quest by impeding your search and only re-tracing history a decade or two, or three…or four.
A substantial amount of the desperation that the US is in today, has its genesis in the year 1912.
For over 100 years the entire media complex has acted as a Brainwashing machine.
That together with a Cabal acting with such force to shape and form the America which is now seen and lived today ……….as being very Un-American.
What is not taught in school, read about in books or seen in motion pictures is the TRUTH about how leading Statesmen, which were better known as Presidents, lied the US into the desperate state that it now finds itself in. These same men only achieved their office because they were either blackmailed (forced to carry out and fulfil the objectives of the crooked underworld) or sought to enhance their own political fortunes…but in doing so, they poisoned the wells of security and survival for the US.
The lies continue and the perpetrators of these evil acts all but ensure that for as long as the Cabal can exert its influence, the closer the US will be drawn into a War in which the population is expected to die unnecessarily.
Why are you posting an ad selling silver for Steve Quayle as a news story? Sneak shiite
This could very well be the turning point.
If this was a hand of poker it would be an ALL IN moment.
Everything that happens in this controlled world happens for a reason or happens by design.
When I saw this news yesterday about the Russian article I immediately said to myself
THIS IS HUGE.
When you add all of this together you must concluded that something big is about to break,
Kerry emergency like visit to Russia. Bond market mini shakes. This new piece about China disclosing.
2015 sure looks like the time frame for this to explode into chaos.
Gold has been money for the past 6000 years. That is why the central banks themselves keep them. It is the Khazarian Bankers who invented the paper money to rob everyone of their real wealth. Guess what, the clouds can not cover the sun forever, and when the sun shines the sheeples fools will see for themselves as how they have been robed.
It doesn’t stop the bankers from clouding the sky with their “contrail talk” about gold being a “useless relic” … but notice they don’t say silver is useless do they?
Greg
You are on a roll my friend.
There is a lot to digest in this marvelous interview with this very intelligent and genuine man. I always listen up when Rob talks and I will quote below one of the most profoundly brilliant and succinct comments that I have heard in my entire life. This one paragraph defines Rob to the core. He said this in a WD interview back in April 20th, 2014 and it is something I will never forget;
“The real problem is with the money itself. We need to revert back to real capitalism which is real weights and measures and honest commerce. Otherwise, we are going to devolve into a very dark period of feudalist oppression.”
Cheers
Col
Excellent, Col. What a brush-stroke!
Thank you, and “Real weights and Measures” is biblical and required by GOD !! Fear Not, yours in Faith and Liberty, DB
C from NZ, 🙂 (I kinda like that nickname for you)
As an engineer, my entire professional life revolves around systems of true, honest (consistently reproducible) i.e.: ‘real, weights and measures’ (such as measures for: distance, volume, tensile strength, weight, time, etcetra.)
Can any of you imagine building a bridge with a ‘sliding scale’ for the ‘length’ of a steel beam, the ‘volume’ of a cubic foot of concrete for the bridges foundation?
In order for humans to precisely communicate to each other the real size of ANYTHING, there MUST be a system of ‘honest weights and measures’. COMPLETE STOP.
Wow, here is another thought, ever heard of the phrase: “Accuracy and Precision” when measuring something? Yeah, that means that when you DEFINE anything, that you get a true, reproducible value. Sorta reminiscent of the whole underlying principal behind what Mankind has defined ‘Science’ to be – searching for ‘Accurate, Precise, and Reproducible results (sound like a system of Honest weights and Measures?).
Well Duh [not sure how to spell that :)]
Did any of you ever notice how incredibly bizarre it is that the only ‘value’ of measure in this world (which we use every day) and which we accept on a ‘sliding scale’ is the value of money itself?
I can only think of three reasons to explain this nonsense:
1) One hell of a sales job for mankind to fall for this nonsense,
2) The sheer stupidity of the average human, or,
3) Unrelenting pressure (i.e. ‘ramming it down our throats’) from TPTB through history.
Personally, I think the root cause of why we (humans) put up with this crazy sliding scale for the value of money is the result of an unfortunate confluence of all three reasons listed above.
Sincerely,
Collateral Damage
When he said China revealing their gold would be like “watching the waters recede before a tsunami”, I got a flashback from that movie “Deep Impact” about the asteroid that hits the earth and almost wipes out the planet… Which for the US might be close to what he is talking about!
Hi Greg
For the Chinese flipping the tables is the last resort action, simply because they will be hurt too. Reason: If the US goes down on the drain the US$ will go there too, and same thing will happen to their clients banking sector thus economy.
So the Chinese may allow rise the price of gold, but they wont disclose their true holdings until the very end or more likely until the alternative to the US$ based system wont be functioning.
My 2 cents
Oracle 911
Oracle.
I tend to agree with most of your comments, but the Chinese are practical thinkers. They know it is better to cut off a cancerous limb (the dollar) than let it kill the whole body. Everything has a price. Nothing is free. Not even printed money.
Hi Jerry
I know, the Chinese and Russians (they are providing the concept for the new system) will kill the US$, but without a working alternative it’s an economic suicide. Telling the whole truth they are nearly finished wit the alternative.
And from the practical standpoint, bankrupting ALL of your business-partners is not a good strategy (inability to pay for goods is basically bankruptcy).
Greg. Rob gave great examples of logic, and reason. I still ask why? China spent many years and hard effort to become what they are today. They can remove the dollar in other ways, and still have clean hands. Joining the IMF is to put there approval to the very things they are fighting against. Strange move. There must be another reason.
With the SGE , the AIIB, and other ways to become the worlds currency. It weakens them ( I think ) to join the IMF. If nothing else but to sit, and wait would be better. Why would they get rid of there leverage ? Bill Holter put out a new video yesterday on the issue.
https://youtu.be/a6OX8BtpIT4
Greg I forgot to say Thank you and Rob Kirby for such a enjoyable interview. The train engine is still running in the field.. Great.
J C,
I too view China joining the IMF as counter-productive – an unnecessary exposure to corruption. But as a seat of power for recognition – it’s a feather in the cap. Later they can throw weight around to see how it moves. Or like Potter on the board of Bailey’s Saving and Loan – they could move to move it into receivership and chloroform it? Reason is usually found in their actions.
Charles H. From my understanding China would be induced to about 10 % into the IMF. You may be right. A foot in the door to be informed about things presently closed to them.
Its hard to rob a bank in 20 seconds.
“It’s hard to rob a bank in twenty seconds.” Totally did me in. I can’t stop laughing!
JC,
I have given that issue some thought too.
China may be seen….. to be wanting….. to play their game. It understands full well that it cannot control it from the outside….it must get inside the beast. So it is vying for position. The ulterior motives are hidden…for the time being.
It also may have the Gold hoard but it doesn’t have the deep pools of liquidity to facilitate its currency attaining a world reserve status. That I have said numerous times. Yes it has created global trading hubs and alternative development banks….but this is not of itself a clear signal for the RMB to jolt to #1.
Many issues surrounding the de-throning of the USD…none more so than the repercussions on the RMB and the Chinese economy.
One strategy that China may wish to implement is to use its gold to support a Gold Trade Bond or Certificate. This would in simple terms, obviate the need to have convertibility to a currency…instead Gold would be the currency du jour for international settlement (SGE exists for a number of reasons). The key to this would be an ability to revalue Gold to an equivalent of what would be required to cover the expected trade $$$….Globally.
This would create an immediate and substantial advantage for China.
It seems inevitable that the KING USD will cede its power…but not necessarily by the actions of a sovereign government. It will continue the path that is has followed for the last 100 years…although we may see some escalation of its demise….owing to the intentional policies of the Unelected to monetise debt. But this is a global phenomenon and not perculiar to the US.
Brilliant. S.I.G
JC … thanks for the Holter interview … excellent explanation as to why we should all own some silver!
Paul. Your welcome. Holter is the bomb. Reality, and simplicity with the right mix of practicality.
“Cheney secret Vatican gold meetings” “Neocons”? This type of talk and the use of buzzwords reduce a persons credibility to me. JMO. However I believe he is for the most part correct about the end results of our leadership failures. Who gets the blame and why will be a big part of fixing it. In that sense I don’t agree totally with him. Progressive communism is the real culprit, right and left.
Greg,
Absolutely riveting interview! Rob lays it out just as clear and precise as you can. I hope your viewers are listening and paying attention. This is without a doubt a “Full Impact Truth Bomb”.
Want more proof?
http://www.bloomberg.com/news/articles/2015-05-18/bank-of-america-markets-are-in-a-twilight-zone-and-it-s-time-to-hold-more-cash-and-gold
Here you have Bank of America telling its investors and stock holders to hold cash and gold. This is the same thing, Chase Bank was telling its investors and stock holders two months ago. What does that tell you?
The Chinese will play their hand in June. They want SDR drawing rights with the IMF in October. They don’t even have to ask the IMF to audit the United States gold reserve to take the system down. All they have to do, is show their purchase order documents and its game over for the dollar. I think with tensions building in the South China sea the Chinese will defang us now financially, than take a chance of facing us on the battlefield later. Either way, its going to be a “HOT” summer.
For those of you who still need a nudge into reality, you may want to read this article. It paints a pretty good picture of what’s coming, for those that can’t connect the dots or read between the lines. What do you tell yourself the reason is, why we live in a police state? It certainly didn’t stop the Garland Texas attacks, or the Boston bombers?
http://americathebattlefield.blogspot.com/2015/05/police-militarization-for-economic-collapse-food-shortage-civil-unrest-martial-law.html
I’m losing count of how many countries have joined the AIIB. Today Japan announced it was adding Billions of dollars to the AIIB project.
http://www.reuters.com/article/2015/05/21/us-japan-asia-investment-idUSKBN0O617G20150521
People this is it. The time is running out. Everywhere you look the dollar is coming apart and everything screams reset, except here in fantasy land.
Thank you, Jerry. You would be pleased knowing how many people are reading this latest blog of mine, tens of thousands in just 48 hours. A lot of people are being judged into reality, for this is the verifiable playbook of tyranny, cited ad infinitum with scores of official unclassified government and military documentation, letting everyone who cares enough to read know exactly what they are positioning themselves for. I believe the Almighty in His infinite mercy is offering us all precious few more moments of time to repent of our part in this beast system and get right before judgment falls upon this nation.
Jerry how many countries have joined the AIIB. To quote Hillary at this point what does it matter.
Jerry,
I don’t make much of secret sauce or sources but kuddos to pointing out that when these big bankers start crying alarm, the end can’t be far off.
With the Vatican’s growing influence in Russia, might there be a further Vatican connection with Prince Charles shaking hands with Gerry Adams the Sinn Fein leader? With old enmities healed could the Vatican be playing an additional role in helping to draw the Irish Republic’s attentions eastwards rather than towards its former U.S. allies? Get the outer reaches of the EU looking east and the U.S. finds itself increasingly isolated.
Just an FYI about the state of things… just got word from a family friend that most D.R.-Horton Homes staff will be taking an across the board 30% cut in pay.
Sounds like a true recovery to me /SARC
If things are so good in the housing market, and permits and starts are so high, why such a drastic cut?
God Bless and good luck,
Gene-o
Its b/c lumber prices are very low right now Gene- I wish I could link the article, but its like if it becomes so cheap you can’t afford NOT to buy it.
That may be the real story…
If that we true, why would staff grey a 30% cut. Low lumber cost means cheaper homes at higher margins.
Your argument is non sequitur
G 500,
There are other reasons to cut full time staff- Obamacare, other regulations etc…
It is still bad out there- Got the article from zero hedge.
I also believe all numbers reported now are being manipulated…. I should have said it MAYBE b/c……
This is easily the most enthralling, charged, disconcerting, but vital interview that “The Dawg” as done since I’ve been a regular reader of this site. Good God how deep is this blasted rabbit hole? Timely and penetrating piece Greg, well done! Applause for Rob “King Kong” Kirby, and of course a ping for “Gentleman Jim” Sinclair……
Greg,
Do you have a link to the story that leaked the idea that China has 30,000 tons of Gold ? I don’t doubt it. But I do doubt they would reveal it. I think the threat of owning so many US Treasuries, British GILTS, Japanese Yen, Euro Bonds… as well as owning a massive amount of Gold & Silver is enough to move the World in the direction they want. If you could provide a link I would appreciate it.
And I always enjoy Rob Kirby and yourself. Good job.
http://english.pravda.ru/business/finance/15-05-2015/130611-china_gold_dollar-0/
😉
Wow, Pravda. Now that’s a reliable source. /s
They have only a passing acquaintance with the truth. Just my two rubles. My Daddy taught me to always consider the source. Reputation matter….at least it used to pre Clinton
G 500. The statement of the day from sigs link. “If China does have 30,000 tons of gold, then the Yuan will have a very strong shield to protect itself. Even if it is not true, it is clear that China collects gold very actively. In addition, China’s position in global financial markets has increased considerably.
If cows fly umbrellas become useless.
The real statement is even if it isn’t true.
JC, the real truth is this Pravda article , is propaganda. Miss talking to you. Hope you are well
well you said it baby boomer, “pre Clinton”; we be “post clinton” now, welcome to the new world order, welcome to the circus.
G500 …hope u r not attempting to shoot the messenger !!
Take what you will from the source of the leak….if you can call it that. I too have a healthy cynicism and use it quite liberally. But I also keep an open mind.
One thing you may wish to keep in the back of your mind….The US is broke and so is the monetary system upon which the USD flourishes. China is perhaps seeking to unleash the World from the clutches of this incestuous system. Don’t underestimate the Dragon….that is the mistake the West is making.
Dude, we are broke. Sure, China could wage economic war on us and hurt us badly…but it would be a pyric victory.
And as far as the messenger, Pravda is a very unreliable one.
Dude,
Read Paul’s first sentence……
I answered his call…I only posted the link…..did not comment on it.
Notice ?
Take a deep breath …& chill Dude.
Paul, try
http://english.pravda.ru/business/finance/15-05-2015/130611-china_gold_dollar-0/
I read the article and it says, “According to unconfirmed reports, China already has about 30,000 tons of the precious metal. If this is true, it means that China will be capable of brining [sic] the US dollar down in an instant. … However, information about 30,000 tons of Chinese gold has not received confirmation from official sources. Sudden and quick changes in world economy are very unlikely.”
“If this is true,” unconfirmed reports, and “no confirmation from official sources” puts this in the realm of gossip and speculation, not fact, IMO. Maybe propaganda, too.
I still think the collapse will come when the elites want it to and it will have nothing to do with genuine market behaviors. We don’t have any genuine markets left, as far as I know. It’s all smoke and mirrors, HFT shenanigans, and manipulation. Keep your eye on the magician’s OTHER hand!
NC Gal You are right. I am reminded,” a rumor spreads the earth when the truth is getting its shoes on.” How much gold China has will not matter unless they reveal it. In its full content.
google it. It is easy to find.
I think Rob Kirby has fallen into the same trap as Paul Craig Roberts, in thinking China and Russia are “goodies”. Brandon Smith at alt-market.com has a good understanding;
“I discussed the reality of the false East/West paradigm and the fact that the “conflict” between Eastern and Western interests is nothing more than Kabuki theater constructed by globalists and designed to mesmerize the masses. You see, the problem with most people is that they tend to let their innate sense of tribalism drive them to take sides in war without understanding the fundamental root of that war. In most cases, they believe one side must be “good” and one side must be “bad.” Globalists understand this weakness of human collectivism, and they exploit it as often as possible. They create conflicts from out of the void, conflicts in which BOTH sides are controlled. Then, they let the masses fumble like idiots trying to set the noose around the other guy’s neck.”
See: http://alt-market.com/articles/2568-one-last-look-at-the-real-economy-before-it-implodes-part-5
http://alt-market.com/articles/2126-false-eastwest-paradigm-hides-the-rise-of-global-currency
God bless all!
Agreed that it is Kabuki theater. China wants in on the control advantages of the financial and political manipulations so characteristic of the west’s monetary system — not to destroy same. They will be just another crook seated at the fiat monetary table of the world.
Andy I follow Paul Craig Roberts and he is the ultimate patriot and I dont believe that he for a second believes the Russians/Chinese/Brics are perfect just better than the Western establishment Lesser of the evils I guess you could say
http://english.pravda.ru/business/finance/15-05-2015/130611-china_gold_dollar-0/
There you go Paul
Andy
An interesting comment this but you sound to me like just another victim of the huge US propaganda machine. What you need to realize is that the world at large is sick of the big fat bludgeoning US bully and that they are beginning to call him out.
Yes you do have a valid point regarding confusion over who the”goodies’ really are. However the world at large has realized that the US has deteriorated into an unruly rogue terrorist state than simply cannot be trusted in any sphere. Obama and Kerry are both habitual liars and the next most important person in foreign affairs is the despicable Nuland. This creature should be locked up immediately and charged with treason and war crimes over what has unfolded as a direct result in her hegemonic meddling in the Ukraine.
http://www.globalresearch.ca/victoria-nuland-lied-to-us-congress-about-phantom-russian-hoards-in-ukraine/5435233
Cheers
Col
Nice link my Kiwi friend. Hear your socialist govt is going to increase y’alls property tax. Hope all is well
Congrats Andy Sloan,
You are part of what is now an elite minority that get it.
We the People Stand Alone.
http://www.alt-market.com/articles/2572-one-last-look-at-the-real-economy-before-it-implodes-part-6-solutions
To Quote Brandon Smith:
“I relate these points because the future I am about to suggest here might sound outlandish and insane to some, because it is so contrary to the “official” accounting of our current world. It is important to remember that the mainstream, the majority, is almost always wrong and that the truth is very rarely accepted broadly until calamity has already fallen.”
http://personalliberty.com/economic-endgame-explained/
We are all doing a great job trying to understand the “how” of what is occurring, but the real focus for us all should the the “why”. Why on earth would all this be done deliberately? The real “why”, the “why” that eludes those who focus solely on the “how”, is that there is an extraterrestrial Intervention occurring on this planet right now. It is being aided by the corrupt bankers who Rob alluded to, and is designed to seize control of earth’s resources for “their” use. This is so clear if one will set aside their human preferences and look objectively at the situation. “They” don’t care about human traditions, human establishments, or human concerns. That puts us all in the middle of a very serious problem, that we must begin to realize very quickly.
Matt,
If you are characterizing “extraterrestrial intervention” as meaning those ‘inter-dimensional beings’ known as devils or fallen angels – who can assume shapes, produce supernatural powers: then I can agree – lots is going on behind the scenes. But if they are going to try to take control of the world’s resources – it is for control of humanity, in serving a higher spiritual warfare.
Charles H. You nailed it again. Your on a roll.
Spiritual wickedness in high places. Evil spirits rule the air. Only when humans yield to them do they have power over lives.
Matt. No aliens from another planet has ever been to earth. They would have to visit me first…LOL
You know we who read the Bible … all know the story written there that says … God cast out 1/3 of his angels from heaven onto earth for they were followers of the deceiver lucifer … what I ask is … why would God purposely cast these bad “alien beings” down here on Earth with us?
Is it because God looks upon man in the same way he looks upon his bad angels? … if we wouldn’t throw a lion in a cage with a baby … why would God effectively do such a thing? … Something is not kosher here!
The Bible tells us … the Sumerians claim that Gods from above “the enlightened ones” came down from the “heavens” and taught them many arts … and we find that the Sumerians accurately recorded and described our galaxy and every planet within our solar system down to the colors, textures, rotations, and locations … how else would they know all this?
What was the reason these fallen angels revealed many secrets to mankind? … Did they need “mans help?” because they were outnumbered 333 to 666?? … we could just say that the Bible is plain wrong and that all those civilizations who claimed to have known and walked with these fallen Gods are just plain crazy … but lets say for argument sake … a war did indeed break out in heaven … and Jesus cleansed the heavens of Satan and his followers and cast them down here on earth with us … if this fight continues … we humans are going to be right in the middle of it all … now most humans today do do the bidding of the fallen ones perhaps because we have gained much knowledge from them and think we owe them a favor … but does that mean humanity will now join “the one third” to fight against “the two thirds”? … from the way we humans disregard the 10 Commandments and enjoy wars and killing … I think when the trumpets sound … and Jesus comes back to eradicate evil … humanity will be helping the wrong side!
Paul,
This discussion simply is an exercise of trying to wrap our mind around a problem beyond our comprehension. Is this not speculation on the Divine Counsels themselves? Nevertheless…
Angels are individually created beings – innumerable, and varying in power. Man was created as a RACE. PRIDE being found in Lucifer, which allowed self-exultation – which probably violated worship and constituted sin (?!??) – began enmity against God. The same use of self-exultation (ye shall be as gods knowing good and evil) worked in the context of Innocence, producing the Fall and sin of Man, by disobediently eating of the prohibited tree. The Sin seems to be basically the same: pride; but I think Lucifer knew good and evil when he indulged himself in pride: man in innocence did not. And as man is a race of beings: sin was committed to all mankind. Whether God is basically for the under-dog; or He takes into account man fell into sin innocently: it is man and not the angels He became the perfect sacrifice for on the Cross to redeem from Sin. Jesus Christ is the Lamb of God, slain before the foundation of the world – so sin entering-into the creation was no slip-up. I believe that the Glory God will get to Himself through the salvation of lost souls is beyond comprehension. Eternity will not disclose the riches of His Grace and Mercy and Love.
Unfortunately, I think there will be many who will be against God when He shows up.
In 2 Thess. 2: 7 seems to indicate that the Holy Spirit Himself is monitoring and setting bounds on the supernatural realms – in proportion to subscription to doctrines of devils or Biblical adherence – hence increasing demonic activity in the deepening Apostasy. For the Tribulation – I suspect He will remove Himself to allow evil full reign – He is taken out of the way. We are not exactly being thrown as babies into a lion’s den. Mainly evil has to be given an entrance/played with/experimented with: which is prohibited Biblically. Look at all the zombie/vampire/supernatural conditioning we are now seeing in the movies and TV shows.
As to how much celestial knowledge and intricate history these devils and demons possess?? We are not meant to know. Magic, the Supernatural, or “higher” realms – the Bible specifically prohibits: we weren’t created for those realms. The powers magicians are accessing these days is impressive and tempting, I’m sure: but dangerous and damning. Knowledge and power seem to be the major carrots drawing men into perdition today. What knowledge is sufficient and fulfilling is in the Holy Bible – I’d say in Salvation and safety. We should content ourselves therein: not trespass into realms; nor speculate too deeply to where we begin to doubt God’s Word. Isn’t it enough that enough is spelled-out? Be careful not to mix the Divine with something else. Decide what Authority you will stick with: and choose wisely.
Charles … I appreciate you trying to clarify things for me … but humanity seems to have this built in instinct to root for the underdog (Satan) … with the odds against Satan being two to one almost everyone wants to bet the underdog will win the final battle … and they place their bets with Satan by starting wars … just look at man’s history … every history book glorifies WAR after War (mass murder and killing) … from cavemen killing cavemen to our recent wars WWI, WWII, Korea, Vietnam, Iraq, etc., etc. … just who’s side are we on?? … what happened to Humanity? … we can’t obey even one Commandment of God? … Thou Shall Not Kill
How does one turn the other cheek to all this intentional murder?? … Do we say Father forgive them for they know not what they do? … They damn well do know what they do … and good people must take action to lock all the warmongers up … but sadly … we can’t muster enough courage to lock up even one single crooked banker!
Sin, passed to the whole human race predisposes man to pride, rebellion, and disobedience: it is a natural condition of the fallen nature; which aligns with what satan did before us.
The purpose of the Ten Commandments was to establish a perfect moral code. Sinful man is incapable of observing it in one or multiple instances, and it fulfills the purpose to condemn and convince man of guilt before God – and point man toward Salvation or redemption. Christianity isn’t about reforming others: it’s about realizing opportunity with God. Reformation comes after salvation to those who’s hearts are disposed – Free Will is still operable.
And I disagree that satan is the underdog. As a higher creation, who occupied the spiritual realm of heaven itself: he may have fallen – but so did we: so by comparison – he and his minion are WAY greater than humanity. We by default are the underdogs. I think you are taking perspectives that question relationships; rather than accept explanations that establish them.
All I can say is the Bible, as a Divine work and revelation is a progressive and self-defining text. It proportions context and definition – and eventually understanding. Anyone can pursue finding fault and questioning: the world is full of it. What I suggest is finding answers for yourself. We aren’t on the same page, apparently.
So a group of aliens can cross interstellar space and can’t defeat us in short order without leaving resources clean. Dude, really? I don’t know what scares me more, your vote counting as much as mine or the likely hood that you are not institutionalized.
Gal 500 100 % Some one said what someone saw what someone thought was a alien thought was seen as a faction of an alien being. Coasttocost am needs to repent.
Hi Greg
I thought that the Chinese economic miracle came about by thousands of Chinese businesses manufacturing low coast products and exporting them to the west.
If China shows off its gold and the Yuan increases in value while the USD and other western currencies fall in value, then all those Chinese businesses would go bankrupt, who in there right mind would buy expensive Chinese product rather than buying expensive Japanese, German or US product of a much higher standard.
I honestly do not think that the Chinese Government is that stupid to do such a thing.
The only way I could see this Chinese Gold parade happening is if the Yuan is tied to the dollar and falls with it, may be it already is tied to the dollar, I am not sure about that one.
Keep up the good work Greg, I did enjoy the interview, just could not make sense of the suggested Chinese Gold parade.
Andrew. Presently it takes 16 Yuan to buy 1 Dollar. If the dollar were to be devalued say the equal value The FED would have to print trillions each year, or the people would start selling there gold , silver , and other material’s just to have there needs met. Trust me when I say if the cheapest computer cost 3,500 dollars there are millions that can afford it in America. China can get more control over the dollar by exposing there gold. In a collapse the dollar will not disappear. It becomes less valuable, and goods become more valuable. China makes the goods. Well that’s how I see it anyway.
What US products???
Just our agriculture and raw goods, as we have been doing for quite some time, perhaps
like a colony, ….raw goods out, finished goods in.
Maybe gold mines, or oil fields.
Exactly,
China holds treasuries to keep their exports cheap. If they flood the market with treasuries, the dollar would drastically depreciate, however the Yuan would reverse and their exports would be killed off immediately and it would kill their own economy.
I think the real question is, do they introduce an alternative gold backed currency to go side by side with the fiat currency. Governments have had duel currencies before and it helped Brazil beat hyper inflation, however; I could see this being a hedge against the hyperinflation of the dollar.
The Chinese revaluing their currency upward will hurt their exports … unless Chinese monetary actions (selling Treasuries) create “a hyper-inflationary currency crisis” in Europe and America … then … the artificial inflation created by a hyper-inflationary collapse of the Euro and US dollar will in fact serve to “boost demand” for manufactured Chinese products … even at extremely high prices!
Love Rob Kirby. Always straight forward and without hands waving and raised voice.
I also loved the line about……All bank robbers think about what will happen when caught……, good analogy of what is going on in the U.S. right now with the Militarization of the Police force. Going out to buy some more silver coins right now…..Just in case the price spikes soon.
Doug, most thieves really think they will not be caught.
Doug C. Me too. I love the comment. I have members in the drug world always bragging on what I am missing out on. My reply is God is not mocked we reap what we sow.
http://biblehub.com/kjv/galatians/6.htm
Great interview with Rob, as always. I’m almost 65 and virtually all of our friends have no idea what is coming. Just the other evening at dinner I mentioned the derivatives sham, gold/silver, food /water etc….and all I got was a blank stare from all 10 friends!
What are you talking about??? Things are getting better they exclaimed! These are real smart people Greg and they have no idea what is on the horizon. So I actually believe it may just be worse than what Rob and others have stated.
God help us all!
Frank in NC
Thanks Frank. Snap-shots like yours here – really frame the problem.
Frank I am in Raleigh and mentioned Jade Helm at a barbecue this weekend and 3 people didnt know anything about it Only my wife knew of it We are in big trouble friend
Frank, same situation with our family and friends on the East coast. For years we have gently tried (not preaching) to motivate them to searching out the truth for themselves. Many of them have young love ones who depend on them for protection. But nothing… Honestly, we have not awoken one person. It is as if God has literally ‘switched them to stupid’.
In 2010 we voted with our feet as recommended by James Rawles and got the heck out of there. We gave up on those back East; we pray for them but the ball is in their court. Now we going to focus on others in our area who are awake, and need some help.
I think this guy puts it together nicely! It all makes sense now. The Preparations with the FEMA Camps and Militarization of the Police, Jade-Helm, etc…. they know something bad will happen so they are preparing for a Revolt by the Citizenry.
Thats a bit more comforting (given the circumstances), than what other sites are saying regarding the reason for the FEMA Camps etc, the Govt trying to imprison people for Control.
If its to keep order, then it makes much more sense. Look how people reacted after Katrina. They became Murders, Thieves and Rapists…. it was Hell on Earth. Imagine how people will react when they go broke and can’t feed their families. It will be MUCH Worse and our Govt knows this so they are preparing…. regardless of whose fault it was etc.. they are preparing.
Its nice to have a different take (and a very reasonable one) for once!
thanks Greg!
The Vatican has always been very political even in Hitlers time. I believe Germany and Russia have made a pact!!
Get Jim Rickards on Greg everything he has said is coming to pass.
Rob talks of a hyper-inflation tsunami hitting … and yet as we look around at the US economy “with John Williams eyes” all we see is recession … with over 6000 stores being closing down nationwide from Sears to Radio Shack, etc. … and one may wonder with the economy in such bad shape … how can inflation or hyper-inflation ever be in our future? … we see economic depression all around us … in such a deflationary economy … how can prices rise? … how can gold and silver prices ever rise?
What one must understand is that hyper-inflation has nothing to do with the economy, or normal supply and demand … hyper-inflation is a “currency event”!!
Hyper-inflation occurs when the fiat paper you hold becomes diluted “very rapidly” by a Fed monetizing money in a massive stealth QE operation … creating “a loss of confidence” in the currency (that begins “not to hold” a stable value) … and such a loss of confidence in a currency can occur “even during an economic downturn” when one would expect prices to be falling.
Think about it … lets say people are not buying cars because they have just lost their job at Staples, Sears, Target, Radio Shack, etc. … but a currency event hits where the US dollar begins to lose value (fast) … it does not matter that there is “no normal demand” for cars (from people out of work) … the list price of cars just sitting on dealers lots (not being sold) will be raised each day to keep their value “relatively equivalent” in depreciating currency terms (this price rise has nothing to do with normal supply and demand) … and this will occur with “all physical goods” … because people (to protect themselves) will take what ever cash they have and begin to buy “physical things” they don’t really need … in order to try and preserve the value of their dollars. The price of “all physical things” will begin to rise as the currency value falls … driven by “an artificial demand” for things that wouldn’t be bought under normal circumstances (in a recession and people out of a job) … when this “artificial supply and demand” begins to kick in … shortages of “things to buy” starts to occur … and the prices of “physical things” begins to rise even faster then the currency is falling … this is what is referred to as hyper-inflation … it begins with “a currency event” that makes the purchasing power of the dollar fall and prices begin to rise (without real demand) and morphs into an exponential rise in prices as “artificial demand” for things begins to occur … as people in survival mode rush to spend fiat trying to save any remaining purchasing power their fiat money has! … those few with some silver coins tucked away (like JP Morgan with over 350,000 tons) won’t have to run around like a chicken without a head trying to spend their fiat paper like an armful of hot potatoes.
You are correct Paul. But remember, the recognition of the “currency event” of which you speak, has already happened among the world’s rich elite. Their actions speak of it. Proof = the obscene prices for fine art they are now paying. The common man will be last to the market (any market) and suffer the most. However, everyone must be reminded that this is a long term game being played. One if played correctly, will mostly benefit only your children or grandchildren.
Robs comments fit my view perfectly and it is not desirable to see what will happen , but confronting nature and realizing that it is not nice to fool mother nature as she will seek her revenge against the forces of tierany and evil and try to put the world back into a better place.
Will man’s contrails “fool Mother Nature”?? … if not … Mother Nature will seek to put things back in order “anyway it can” which could mean “the Climate Change” the hapless foolers think they are preventing.
I agree the Vatican is rotating East. As an Orthodox Christian, I am overjoyed the Pope has reached out to our Patriarch. They just met a few weeks ago in Jerusalem. This is a BIG deal for Christendom, hardly mentioned in the press.
I bet Israel is mad as hell at the Vatican!!
China will not announce 30K tons. The last thing they want is a spike in the yuan; it would kill their golden goose: international trade. the will announce a much more modest number of maybe 5 to 10K tons. meanwhile, they will quietly move the bulk of their gold over to the AIIB to create an SDR INCLUDING gold instead of legally excluding it (like the IMF SDR). so, they will in effect, own the gold-backed SDRs and will disperse it accordingly to their trade partners.
China does not need or want headlines, and they are not happy having to eat trillions in US treasuries. They will get their payback quietly. They will change the nature of international trade and fatten their beloved golden goose.
“They will get their payback quietly. ” To which I would add — ‘over decades.’ No one knows the full ramifications of an action taken suddenly. Only the intelligent and patient understand that only by acting/moving incrementally into a new system, procedure or event can you allow for the type of directional changes necessary for maximum benefit. Sounds very Chinese.
Greg,
Isn’t interesting that this possible reveal of 30,000 tons of gold held by China comes at a time when the US military is staging its largest “training” maneuver on American soil…JADE HELM 15? If the dollar goes exinct our military will be in just the right position at the right time to enforce Marshal Law.
Also, if all the dollars floating around the globe come home for payment, will the holders of those dollars accept more worthless dollars? I think not! If the US has no gold to pay for those dollars; will it mean war?
One of the real issues here is who is going to be held responsible (Federal Reserve Bank/Congress) for the theft of the gold held in the US? Will they even be prosecuted?
How will our country pay for a theft as huge and world impacting as this?
Simple … just kill “everyone” in a world wide nuclear war … dead people tell no tales … and won’t require punishment of the perpe-traitors !
Don’t you love the sound from the roller coaster as it reaches the apex….
Click a dee. Click a dee. Click a dee. Click a dee
And the sheeple will scream AHHHHHHHH!!! as they drop down the other side … but they will “enjoy” the thrill of it all … assuming they don’t have a heart attack … and they will even put up their hands for more pleasure and be marched to FEMA camps with a smile on their faces!!
Greg,
Thank you so much for having Rob Kirby back on. He and Bill Holter are my favorite guests on this site. Kirby was more forceful than I have ever heard him to be, and that alone tells me serious business ahead for all of us, all over the world. I am glad he pointed out that the process has been going on for decades. Jimmy Carter was persuaded that it was in the interests of this country for him to sign the first 20 executive orders that made it possible for any sitting President to declare a state of national emergency, suspend the Constitutional government and strip Congress of its powers, and put FEMA (now DHS) in charge of everything and everyone.
Given the interconnectedness of the existing financial structures in the Western world, if the US goes down, that will have repercussions all over the world. I have a strong inkling that if nothing else pre-empts China’s moves this fall (the SDR considerations are scheduled to take place in the September-October timeframe, as I understand it), the US will do something pre-emptive on its own. It’s running out of material, and that suggests to me that those who want the system to collapse so that they can replace it with another that will give them even more control will carry off something to achieve that collapse which will not be from market operations.
The fact that I got a CNN “alert” this morning about a “treasure trove of documents” being presented as having been recovered from the Bin Laden compound when he was “killed’ (for the second time — he had already died of renal failure years before — PCR has documented this fully) tells me that — like the Fed itself — the material being used to create artificial enemies is wearing very thin. (see http://www.cnn.com/2015/05/20/opinions/bergen-bin-laden-document-trove/index.html)
The fact that the bond market came very close to failing on May 7 and again on May 11 tells me that market pressures are growing stronger and the means to control the markets is growing weaker, putting even more pressure on the elites to make their coup before they can’t. I still expect that to happen AFTER Jade Helm completes and when those five Wal-Mart stores are stocked and staffed to play their role in the coming seige against the American people by its own government, marching to the tune being set by the banking cabal.
Bill Holter is my other favorite guest, and yesterday I saw an SGTreport.com interview with Bill (https://www.youtube.com/watch?t=523&v=H_A-9dkofIc) in which Bill comments on that near-miss, speculates on why JPMorgan has amassed 350 million ounces of silver, and announces (at min 23:00) that as of the end of this month, he will not be writing for Miles Franklin anymore, and will be teaming up with Jim Sinclair instead. To me, that feels like a last-ditch effort to educate people as to what is coming and how to prepare for it.
I think the system is becoming increasingly unstable, despite all of the manipulation, lies, and outright criminality supporting it, and it will not surprise me at all if, over the summer, more and more desperate moves are made to keep things going until this fall. Dragging out Bin Laden again is an example of the kind of desperation I am talking about — playing from increasing weakness until that desperation takes us over the edge into true madness and chaos where nothing will be safe or sacred.
Rob Kirby’s way of connecting the dots is refreshing and sobering at the same time. Kudos, Mr. Kirby, for your authenticity, righteous anger, and courage to speak your truth.
Good summation NC Gal. You hit a home run IMHO.
The JP Morgan amassing 350 million ounces of silver (300k of it American Silver Eagles) story is 100% speculation and total BS.
About Bin Laden … do you mean history will show someone can rise from the dead “for political purposes”? … what can this mean for our historical Bible?
I heard that Bin Laden was re animated using alien technology provided to the Nazis.
So based on absolutely nothing, you believe Bin Laden died in the face of DNA evidence based on the ravings of PCR. PCR is a man consumed by his hate of America and Isreal. To each his own….some people believe in the Easter Bunny, some believe in impossibly convoluted conspiracy theories that only the unhinged could latch on to… Me, I beleive in God and in simple facts. Complex systems always tend toward chaos, whether its a conspiracy theory, weather control etc. It’s funny….some people beleive in Dan Brown’s Da Vinci Code an easily debunked work of fiction written by a minion of Satan to damage the Faithful and lead the weak minded astray.
Rob Kirby is smarter than Martin Armstrong because he says it’s foolhardy to set a date for a collapse.
No computer, regardless of how much information is fed into it, can predict the future.
Make sure your relationship wih your Maker, and
buy all the gold/silver you can.
I absolutely love Rob Kirby and this interview was him at his best. Having said that, China having that much gold is old news. Jim Willie has been saying that China has had at least 20 thousand tons for at least a year. Speaking of Jim Willie, did he and Greg have a falling out? It has been a long time since he has been on.
PRAVDA? That’s his ‘reliable’ source for the 30k tons of Chinese gold? Seriously? Pravda is one step beyond the World Weekly News. Does he provide evidence the Catholic Church is manipulating the price of gold? We have enough real problems without having to add wild, crazy speculation and conspiracy theories.
Why is this clown talking about Neo-Cons? Name one neocon in the Obama administration. Is Obama a neocon? Kerry? Powers? Hey Rob, its 2015 not 2005. I am no fan of Obama but that doesn’t mean I see Putin as a wonderful guy. The guy is a Fascist thug in a cheap suit. He has one goal, reform the old USSR, that means Ukraine, Moldova, the Baltic states, etc. being forced back into a new Russian empire. I sure don’t want to go to war over that but lets not kid ourselves about what Putin is. But don’t forget, the Baltic nations are NATO members, and Putin has already begun a low level disruption campaign in those states.
Don,
Neocons are both Democrat and Republican just check the membership of the Council on Foreign Relations (CFR). http://www.cfr.org/about/membership/roster.html You really need to do a little research before you call somebody a “clown.” This makes you look like, well, a “clown.”
Greg
Don,
You need to do some research if you think Putin wants to reconstitute USSR,,,not true this is what he said in 2010 on that topic:
” What he said on the subject, when asked directly (in December of 2010) is this: “He who doesn’t regret the collapse of the USSR doesn’t have a heart; he who wants to see it reborn doesn’t have a brain.”
You are just following same lock in step of the rest of hoodwinked America…
What occurs to me is – Obamacare, or the ACA, was a fast-track, no-read (un-Constitutional) incursion – that allowed the ‘Healthcare Industry’ to, by law, obligate and market the whole country. This was unilaterally done by the Democrats. My contention is this was a big play-for-pay payday on their part.
Now we have the TTP, or Trans-Pacific Partnership – which threatens to spoil America’s sovereignty (read un-Constitutional); only this time the Republicans are behind it with Obama! Beyond the Republicans EVER being behind Obama on anything: this is the same fast-track, don’t read it and just pass it outrageous betrayal of the American people. Only this time it is the Republicans?!?? Is this their – it’s now-or-never, play for pay payday- get our slice of the pie?!?
If this is so – then 1) neither political party serves the good of the nation or people.
And 2) America is being sold on the auction block of International Affairs.
It’s ironic that Americans are being sold this idea of ‘exceptional-ism’ – just as the rug is being pulled out from under it.
Kudos to Rob Kirby!
It all comes down to one word…TRUST
Trust is lost almost everywhere.
In business.
In banking.
In equities.
In relationships.
In Government.
Everywhere. Trust is the mortar of stability.
The mortar is gone and the buildings will soon fall.
It simply can no longer go on as the foundations of everything have been undermined.
Very soon trust in governments will erode further as truth emerges.
Doesnt it seem more likely that if China were to report its gold holdings to try get a place at the SDR table they would vastly underreport those holdings?
WHY would China want to destabilize things? In order to get into the SDR you dont need that much gold-witness Great Britain’s place in the SDR with little gold.
Using Kirby’s logic China wants trade, why mess that up by reporting so much gold?
Best thing China can do is report an amount just under what the US has.
Thanks. Ditto again. Reminds me of two gentlemen sitting in the lounge on the Titanic….complaining about the poor service. Wondering if they will miss their next connection.
See it. Get on with it. Time to cull the herd.
Don’t want to throw any water on the fire, but my departed father, a US businessman who had worked in Japan also had commented that it wasn’t in China’s interests for the yuan to rise against the dollar. They export to us (the U.S.). Now it IS in the US’s interests for the yuan to be higher as that would make Chinese goods more expensive. At some point, it would be cheaper to produce the product/service in the US- good for US business/politics. As to bigger global schemes, no comment. FWIW.
JES,
BRICS has signed trade deals to only do trade with each other. Also, there are other countries far cheaper to manufacture than US.
There are a lot of hurdles US manufacturing has jump over, most of them being govt regulations, in other countries they are not as difficult to overcome.
I hope everyone listens to Rob Kirby. He is in a position to know.
Mike M
To my way of thinking the experts interviewed on WD have been
“listing some facts and figures that explain why the system is unstable”
until they are literally exhausted and blue in the face.
My goodness what more do you need to hear?
Cheers
Col
~WHAT THE END IS!~
THE END OF FAILING HUMAN GOVERNMENTS.
The Bible explains: “The God of heaven will set up a kingdom [government] that will never be destroyed. And this kingdom will not be passed on to any other people. It will crush and put an end to all these kingdoms, and it alone will stand forever.” (Daniel 2:44) There will be an extermination of “the kings of the earth and their armies,” who will have “gathered together to wage war against the one seated on the horse and against his army.”—Revelation 19:19.
THE END OF WAR, VIOLENCE, AND INJUSTICE.
“[God] is bringing an end to wars throughout the earth.” (Psalm 46:9) “Only the upright will reside in the earth, and the blameless will remain in it. As for the wicked, they will be cut off from the earth, and the treacherous will be torn away from it.” (Proverbs 2:21, 22) “Look! I am making all things new.”—Revelation 21:4, 5.
THE END OF RELIGIONS THAT HAVE FAILED GOD AND HUMANS.
“The prophets prophesy lies, and the priests dominate by their own authority. . . . But what will you do when the end comes?” (Jeremiah 5:31) “Many will say to me in that day: ‘Lord, Lord, did we not prophesy in your name, and expel demons in your name, and perform many powerful works in your name?’ And then I will declare to them: ‘I never knew you! Get away from me, you workers of lawlessness!’”—Matthew 7:21-23.
THE END OF PEOPLE WHO PERPETUATE AND SUPPORT THE CURRENT STATE OF AFFAIRS.
Jesus Christ said: “Now this is the basis for judgment: that the light has come into the world, but men have loved the darkness rather than the light, for their works were wicked.” (John 3:19) The Bible describes an earlier worldwide destruction during the time of the faithful man Noah. “The world of that time suffered destruction when it was flooded with water. But by the same word the heavens and the earth that now exist are reserved for fire and are being kept until the day of judgment and of destruction of the ungodly people.”—2 Peter 3:5-7.
Note that the upcoming “day of judgment and of destruction” is compared with the destruction of “the world” of Noah’s time. What world was destroyed? Our planet survived; it was “the ungodly people”—God’s enemies—who “suffered destruction.” During God’s upcoming “day of judgment,” those who choose to be God’s enemies will likewise be destroyed. But God’s friends will be preserved, as were Noah and his family.—Matthew 24:37-42.
Imagine how splendid this earth will be after God eliminates all wicked influences! Clearly, the Bible’s message about the end is good news rather than bad. Still, you may wonder: ‘Does the Bible tell us when the end will come? Could it be near? How can I survive it. . . . .?
AFTER THE END
What will it be like after the end? Many scriptures describe that wonderful time. For example: “‘[God] will wipe out every tear from their eyes, and death will be no more, neither will mourning nor outcry nor pain be anymore. The former things have passed away.’ And the One seated on the throne said: ‘Look! I am making all things new.’” (Revelation 21:4, 5) The end does not have to mean the end of your life. God wants us to survive, and he tells us how.
Here is a question to ponder. . .
In a cashless society what will be the asset to hold for trading?
If your answer is gold consider this, how will you trade it for gas and or groceries?
Will the government monitor gold ownership or even try to confiscate it . And if so wont that limit the amount people who would accept it as barter? While silver makes more sense as a medium of exchange it also faces similar obstacles.
Because gold and silver are “cash” (real money) in a “cashless” society these two metals will have no use precisely because they are cash … “cashless” items like sea shells, colorful rocks, etc. will be probably be used.
The “New World Order” is not a western one … a “New World Order” will come from the east … the western bankers are actually being forced to do what the east wants (a collapse of the dollar) … because QE is not creating the inflation needed to revive western economies … so artificial inflation (by means of a hyper-inflationary collapse of the US dollar) is needed to boost demand for physical manufactured products!
I think it’s already here, thanks for the very nice interview.
Greg
Good Interview.
I did not notice any one mentioning the remarks made about the Russian turn to Chrisitanity and the USA turn away. I have mentioned this here before. Remember the Russian Orthadox church a couple years ago persuading the Greek Orthidox to loan on tour a Relic , a belt of Mary’s. The Russians were lined up in every city on the visit 24 hours in advance and never stopped the whole tour. Putin was first in line in Moscow. As Rob says and I agree totally, this must be taken seriously! We Americns think we have a lock on Christianity almost as the San Hedron thought they had a lock on God. People better wake up. Gos deals with nations as he does with people! There is nothing more dangerous to our country than a turn away from Christianity as a nation. Our coutnry elected anyting but a Christian not once but a second time. Ignorant, stupid, and a paved road to lead us into hell.
I agree. Dubya was no Christian. He did pay lip service to being one, though.
People Unite ! All Americans need to unify ! Lets us come together for Hillary in 2016 ! All the polls show us that Hillary is the only candidate that can and will unite us ! Together we can build a strong America. Let us put aside these stupid conspiracy theories and stories. Let us go to the polls and show our support for Hillary. We can overcome. Carry the cross of Jesus with Hillary. Hillary has your back. Hillary means to bring us love and prosperity back to America. Stand up and support Hillary ! 2016 is here !
Gina,
Please stop. Please look at this video. Your Christian perception of Hillary is really the opposite my dear. https://www.youtube.com/watch?v=leYPbYFKU48
Greg
A paid troll, Greg. Best to just delete her posts.
Gina, you are starting to creep me out and I want you to stop it.
Carry the cross of Jesus for Hillary? Hillary is a minion of Satan. As based on your ramblings, so are you. Repent and beg God for forgiveness. You can not be a Christian and be Demoncrat. Jesus say woe to he that would harm on of his children. It would be better they had never been born. You and your buddy Hillary facilitate the murder of millions of children a year. Your Hildabeast promotes vile deviant behavior and lifestyles. She seeks to destroy the sacred union of man and wife.
And thats just what she’s done this month.
She a demonstrable liar. She is the epitome of evil. So I would not be Satan’s cheer leader…you see God doesn’t like evil, especially the evil doers that push it on the unsuspecting.
Gina,
You are really being a nuisance. I second all those who hope you will stop.
Rob Kirby in my view is credible and should be taken seriously.
Interesting how recently we have seen a marked increase in naysayers on this site and others.
hmmmmm
Kirby talks about how the US system has become like Nazi Germany, well his and my homeland, Canada, is following fast in its footsteps with Bill C-51 which gives the government the power to lock up anyone it remotely suspects as being a “terrorist”, justified by the staged “terrorist” parliament shooting in October. That was a hoax put on by the same actors that did Sandy Hook, there wasn’t even any blood on the guy’s chest or ground after purportedly being shot twice in the back with exit woulds in his chest.
Rob Kirby is brilliant.
More of this guy!
He has an exceptional handle on world affairs and where it’s all headed.
Get him back soon.