GCR Near 2014 & TNT RV Dec 29/13
EXAMINER: 2014 WILL BE THE YEAR OF THE GLOBAL CURRENCY RESET & GOLD BACKED TRADE NOTE
December 28, 2013
On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China's vision of a de-Americanized financial order.
The next year will feature many powerful new effects. The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. The payments for the asset purchases will be done in USTBonds, as the Eastern entities dump them as fast as they can before the great devaluation.
But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. - Goldseek
At least 23 nations have already prepared for a new trade system that will occur outside the dollar and Swift systems. Through their moves away from reliance on the dollar via the creation of new currency swap lines, major economic powers are transitioning away from the 42 year old petro-dollar system that saw America devalue its currency nearly 98%, and export inflation to the rest of the world.
A global currency reset is inevitable, especially when you consider that the historic life cycle of a purely fiat currency is only 30 years, with a maximum length of 42 years. This falls in line with the U.S. dollar which has been a purely fiat currency since President Nixon took America off the gold standard in 1971, and subsequently allowed the central bank to grow the economy with debt rather than sound money and real production.
2013 will go down in history as the year of global currency wars. But intermixed in this financial conflict will be the rise of China, and their plans for a new financial order. And as Dr. Willie points out in his assessment for the coming year, when the global currency reset happens, the vacuum that will occur will not be void for long, and will be quickly filled by China with two new options that promise greater stability than what the U.S. had offered for more than a decade.
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On 12/29/2013 1:28 PM, Jane Stevens wrote:
We will keep you updated as we hear more. When the 800 numbers come out is when we will call you!!! Happy Sunday!
----- Forwarded Message ----- From: stage2omega <firstname.lastname@example.org>
Sent: Sunday, December 29, 2013 11:45 AM
Subject: TNT SUNDAY BLAST
SUNDAY MORNING UPDATE.........HE WE GO
Good morning TNT......I received plenty of good news yesterday and earlier this morning. So let me share some of it with you.
Rates should show live in the US on Monday, they are high and would remain high for XX xxxx, then start down.
UST released to fed reserve. Fed Res released to 12 Regional banks to push to their member banks....Fed Res has 12 Regional banks thru the US. It's at the corp level waiting for push to branches. UST does not communicate directly to banks
new rate for the tariffs coming out Jan 2 was announced at 3.44 / USD.
Banks were double staffing last night with security...armored cars on standby with the escort vehicles.
I am sure there is more info out there and I am sure that I will get more on my evening calls. If it is what we have been waiting for I'll back with another blast.
Enjoy the rest of your weekend and again, let's hope that this time they let the process complete itself.