Did you notice that? US Dollar Watch

but then the gold backing of the dollar is still 'figurative', since the old "if you dont hold it you dont own it" still applies. i'm not saying you're wrong (at least if it were from an int'l banker's pov and interpretation), but i can't accept the usd as having returned to a gold standard if we have no gold to back it domestically. it would imply the dollar is now officially 100% an int'l currency. the usd would be officially dead and swapped out with a global dollar that resembles the usd but is still not controlled by congress. meet new boss, same as the old boss. same paper, same scam, no change. just have to 'trust' there's gold backing it....

what happens to all of the foreign held USD (cash or digital) as a result of this change? ive been tracking the orderly demise of the dollar for years so none of this comes as a surprise to me.

i have theorized that the bail-in language in recent us legislation is actually a cover for a revaluation haircut that account holders will take. no, it's not actually a bail-in to 'save' the banks. it's how to change the value (and presumably the medium of exchange itself) without average people realizing it. they will blame the banks for 'stealing' their money while never realizing the money itself was changed. just a theory though.

I understand your concerns. Allow me to explain.

The World Bank, and the gold within it, is technically set up similarly to the District of Columbia, The City of London, and Vatican City. It does not, technically, lie in any country, nor does it lend allegiance to any particular country.

So, while the Gold may not be held "domestically," it's also not held "internationally." It's placed in a kind of limbo that is accessible for the purposes of gold-backed currency and international gold trade.

Well, a revaluation will occur over time as derivatives are scaled down (already in process thanks to the lawsuits against several big name firms like JP Morgan, Chase Manhattan, and Barclay's), and the digital representation of those currencies is removed.

As for the physical dollars, this transition will occur much the same way that the EU moved to the Euro from their basket of currencies. Slowly and gradually.

And as far as foreign held debt, there are a number of solutions currently being proposed, most of which deal with China. Those that I know of are:

1.) Selling of large American Businesses (Mainly financial groups) to China. (Easiest solution, but would come with a number of legislative changes necessary to maintain the US economy)
2.) Debt forgiveness. (Possible, but not without making a lot of foreign people very angry if they aren't properly compensated)
3.) Global Currency. (This is the most unlikely scenario in the near term, but could see some headway in the next 20-40 years)

Interesting theory. I feel though, that in a situation such as this when it comes to people's hard earned money, that MORE information will be necessary as opposed to LESS information.

The banks don't want to piss off the people, because if that happens, the people riot, boycott, and the economy collapses.

If, on the other hand, the people are informed of what is happening and what it means, they are much more likely to take it in stride, or at least less violently.

i generally agree but bankers aren't known for being accessible to the public, much less forthright about what they're doing, and i don't expect that to change in any appreciable way. if one assumes riots, boycotts, and other issues as a 'haircut' takes effect then it would explain the police state ramp-up.

is it easier to explain to the masses that the money is being replaced (and address the shit ton of questions that come with that) or to let the 'chaos' take its toll and be ready to restore the 'order' afterward? it would take mighty person to explain to the masses, yet still maintain control, that the money they thought they had is now worthless and this 'new' money is better.

those solutions are basically already written into agenda 21, yes? from what i can discern, land being taken over by the feds out west (among other assets) will act as that compensation for foreign debt/petrodollar holders. the actual real estate and assets of the us will be given as compensation. it's not surprising though, since the current debt-based usd was devised from the start to accomplish exactly that, seeing how the national debt was secured with the land, assets and labor of the people as the collateral, with no possible way to actually pay the debt back to prevent such 'seizures'.

These threads confuse me. All this specations and constant shoot downs from OP. Why not give some concrete facts or some solid info rather than spend you entire evening responding to speculation.

He's secret squirrel!!!
So far I've heard theories and speculation..now I don't expect anyone with huge clearance too reveal themselves but you can still point too better avenues that would end this speculation and provide measurable proof that these wheels are indeed in motion.

Normally, I would agree with you whole heartedly, but considering recent events, it's obvious that something else is the key.

Those understood as "The Powers that Be" have been attempting to drive us into this chaos for some time now, with all of the hype over Ukraine, Syria, Egypt, Ebola, etc. Every attempt they have made at driving humanity into a frenzy has fallen drastically short of their goals.

The dynamic, or status quo, is changing. The old model of doing things is falling apart in the wake of the new order.

Now, there are many similarities between TPTB plans and the plans of the general populace in terms of an ideal situation. The main difference, is who is in charge.

Selling American businesses and land to China could be done in a way that everyone's respects are upheld, and a new bridge is built between Eastern and Western Cultures (Think Firefly). Alternatively, with the wrong legislation, and the wrong people in charge, it could destroy the country.

We have to be careful who it is we give power over the buttons of society.

The facts I explain are verifiable with a simple internet search, if one would but take their own 'valuable' time to dig a little deeper.

I have shared several links thus far that support my arguments.

I enjoy the conversation.

Do you have access to the Black internet?

Point exactly, provide something past what anyone can google. Then there is an added value to the thread, if not then this is just like every other "change is coming" and uncle thread.

I will share what I can. I'm a bit closer to the situation than the internet, so there are some things I'll only be able to write about (the information is just not available otherwise).

I understand your concern, and I will make no attempt to dissuade you. Take this thread as you will. I'm not here to convince anyone of anything. I'm just trying to have a conversation and share what I know to those who are interested.

theres not enough phisical gold in the world to back the dollar!

Gold will never back a currency. Brics is a joke with the 4 billion market cap. I am sure it serves a purpose but on the global scale gd has no place. Radioactive applications is another story but there will be no big change in currencies. I have some sources oft own and they joke all the time of all the cooked up conspiracies but they don't go far into details other than don't get caught up in the hype of PMs. If you have info that you are privy to a heads up in how to position oneself to benefit off a change would be greatly appreciated.

a federal reserve note is a private currency,
and you pay a fee called an income tax to use it.
Your Freedom Starts Here:
Irrecusable Obligation
Redeemed 12USC411
Bank Refusal 12USC501a
www.stormthunder.com
www.USAvsUS.info

The BRICS Alliance is comprised of over 140 nations. The namesake simply refers to the founding nations. Population wise, they are >75% of the world. GDP wise, >60%.

The Federal Reserve, contrarily, is a dieing system, entering year 102 of it's 99 year program, and is losing support daily. There is even talk among the Oil countries like Saudi Arabia and Kuwait of ditching the dollar, which is one of the reasons why the oil price is falling dramatically.

stormthunder.com is definitely worth the review.

I need to review USAvsUS.info before commenting further on that link, but thank you for sharing.

Down the rabbit hole we go
web search: lawful united states money goldlike

web search: you are a corporation

You must go thru all of the older posts the gems are in there
glparchives.com

well said...perfect analysis

auditing the fed is a real possibility for the first time ever. i think the fed would collapse the entire thing before allowing a legitimate audit but that's a hunch.

Except Steve has been wrong FOREVER.
The dollar is strong and will be for some time to come.

His predictions since I was a child have been that the
dollar will be weak and collapse.
He's been always WRONG.

Suffice it to say, even the wrong sort get something right every now and again.

I would hardly say that a gold standard is the ONLY way to save the dollar, but it's the most obvious way.

While Forbes has been privy to the doom and gloom scenarios, one should note that there is actually quite a large amount of evidence to support his claims that the dollar is failing.

Considering the fact that the US Dollar has been reduced by over 90% of its value since 1913, the idea of overinflation is a real concern. Let's do some quick numbers, shall we?

____________________________________________________________
​

UNITED STATES OF AMERICA CORPORATION Income:

GDP 16.8 trillion (distorted and propped)

Total Income = 16.8 trillion dollars

UNITED STATES OF AMERICA CORPORATION Debt:

National debt 17.7 trillion dollars
Social security 20.5 trillion dollars
Medicare 42.8 trillion dollars
Federal pensions 21.2 trillion

Total (Bulk) Debt = 102.2 trillion dollars

Population of 318 million people and a workforce (on the books) of about 180 million people with roughly 60% full time employment 23% part time employment while leaving the remainder 17% unemployed

------------------------------------------
Debt-to-Income Ratio metric

Formula:
Debt / Income * 100
102.2 / 16.8= 6.08 * 100 = 608%

UNITED STATES OF AMERICA CORPORATION debt to income ratio is 608%

Healthy debt load is in the range of 25-30%
Alarming debt load is in the range of 44-49%
Dangerous debt load begins at 50%
At this stage the entity is ripe for collapse i.e bankruptcy, restructuring (enslavement) sale of any assets etc... until debt is payed.

If the United States, for 6 years, charged a 100% income tax on every U.S. citizen and company, closed the government, suspended social security, medicare, federal pensions,and all other State Sponsored programs (national parks, fbi, cia, nsa, all goverment agencies and operations), we'd all die of starvation, exposure, and mass hysteria, and still have $1.4 trillion in debt.

NOW,

Top five US banks:

JPMorgan Chase has more than 67 trillion dollars in exposure to derivatives but it only has 2.5 trillion dollars in assets.
Leverage = 26.8 times claimed assets


Citibank has nearly 60 trillion dollars in exposure to derivatives but it only has 1.9 trillion dollars in assets.
Leverage = 31.5 times claimed assets


Goldman Sachs has more than 54 trillion dollars in exposure to derivatives but it has less than a trillion dollars in assets.
Leverage = 54 times claimed assets


Bank of America has more than 54 trillion dollars in exposure to derivatives but it only has 2.2 trillion dollars in assets.
Leverage = 24.5 times claimed assets


Morgan Stanley has more than 44 trillion dollars in exposure to derivatives but it has less than a trillion dollars in assets.
Leverage = 44 times claimed assets


COMBINED TOTAL DERIVATIVE EXPOSURE OF 270 TRILLION DOLLARS ON 8.6 TRILLION DOLLARS IN CLAIMED ASSETS.

____________________________________________________________
​

And the Federal Reserve funds them all. These were some of the top benefactors of the "Qualitative Easing" and "bailout" efforts.

This would be why the rest of the world, i.e. the BRICS alliance, is crying out for a new economic system, and why country after country are ditching the U.S. dollar as a reserve currency.

Rough times ahead, no doubt. But I'm optimistic of the calm after the storm.

btw, did your firefly reference refer to the satellite? or something else?

In this particular scenario, I was referring to the television series "Firefly."

I was trying to explain the blending of Eastern and Western cultures, much like the futuristic world created in that franchise.