The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Tuesday, January 15, 2019

Gold is wealth protection against every currency and not just the dollar as the metal is at or near all-time highs in 72 countries

Contrary to popular belief, the world runs on more than just five primary currencies (Dollar, Pound, Euro, Yen, Franc).  But because the U.S. still has control over the global reserve currency, the narrative often is that all other currencies really don't count.

For thousands of years gold been both a balance and a check on the avarice of men and governments when it comes to purchasing power.  And in a new report out this week, gold still continues to do so as 72 national currencies are now at, near, or above their all-time highs in relation to the price of gold.


Popular belief has it that gold prices have not performed especially well despite some egregious geopolitical and economic factors. Well measured in 72 currencies, gold is at ... or within a few percentage points ... of being at an all time high for people in those countries. Not on the list are the British Pound, the Swiss Franc, the Euro and Chinese Yuan - but we are not far off in all of those currencies too. Only in USD does gold lag - and not all of us live in the US.  - Zerohedge
And here by the way is a list of these 72 nations and currencies.


Thursday, January 10, 2019

Central banker asserts Chinese yuan will challenge dollar as primary reserve currency

On Jan. 10, Britain's chief central banker asserted during a forum that the Chinese Yuan will soon challenge the dollar as a primary reserve currency.

Speaking in a conference regarding Future global trends, Bank of England head Mark Carney stated that the days of the dollar being the singular reserve currency are diminishing, and that the Chinese yuan appears to be the best choice to rival dollar hegemony.


The US dollar may one day be rivaled by the Chinese national currency – the yuan – which is likely to become a major global reserve currency, according to the governor of the Bank of England (BoE), Mark Carney. 
“I think it is likely that we will ultimately have reserve currencies other than the US dollar,” the UK top financial official claimed during an online question-and-answer session carried out as part of the Bank of England’s Future Forum. 
According to Carney, the global financial system is currently lagging behind the evolution of the global economy, facing asymmetric concentrations of financial assets in advanced economies relative to economic activity. 
“As the world re-orders, this disconnect between the real and financial is likely to reduce, and in the process other reserve currencies may emerge. In the first instance, I would expect these will be existing national currencies, such as the renminbi,” he said. – Russia Today
Besides being added to the IMF's basket of currencies in recent years, China is suddenly becoming the go-to currency for large swaths of the global economy as the U.S. continues to sanction or use the dollar as an economic weapon on nations that reject their hegemony.

While it is unlikely that sovereign economies will call for a new 'Bretton Woods' to remove the dollar's status as the world's singular reserve currency, it instead appears that the dollar will continue to become isolated or even rejected more and more in exchange for bi-lateral trade, and thus it will eventually lose its place atop the global monetary system through a de facto takeover.

Wednesday, January 9, 2019

Protests in France about to escalate as Yellow Vests planning a run on the banks to cripple the financial system

Protests are great, but as they say, money talks and bulls*it walks.  And after weeks of demanding regress from the Macron government with little to show, leaders of the Yellow Vest movement are upping the stakes by planning that protesters conduct a run on the banks in the coming days.


French grassroots political movement the Gilets Jaunes — Yellow Vests — is planning a bank run similar to Bitcoin’s (BTCProof of Keys, sources revealed on social media Jan. 7. 
Dubbed the “Collectors’ Referendum,” the latest demonstration by the movement calls on supporters to withdraw all their savings and other deposited cash from financial institutions on Saturday. 
Speaking in a video uploaded to Facebook, an activist known only as Tahz San said the gesture aimed to “scare this (French) state completely legally and without any violence, yet more effectively than ever expected” throughout the history of the Gilet Jaunes movement. 
“It’s our elected officials’ worst nightmare,” he added. 
As local magazine Capital notes, the potential disruptive element of the Referendum could technically be considerable. - Cointelegraph
By declaring on social media the potential for tens of thousands of people to pull their money out of the banking system, it is likely that the Macron government will enact plans to either limit or halt any withdrawals before they begin.  However this is also a catch-22 since a bank holiday or capital controls imposed on the people will extend to every French and EU citizen living in the country, and spark even greater consequences similar to what we saw in India just a few years ago.