-- Posted Friday, 25 February 2011 | | Source: GoldSeek.com
By R. D. Bradshaw
Something big is going on in international finance as this Goldsmiths will explain. In the way of a backdrop, it must be said that several non-Rothschild controlled nations--like China, Russia, Iran and Venezuela--started a cry for a new monetary system back in 2008 and early 2009. It seems that they did not like one of the weakest currencies in the world, the US dollar, being used by the Rothschild-US team to buy goods and influence international politics worldwide just because the dollar was the so-called international reserve currency.
But non-Rothschild nations and people don’t carry much weight in international financial affairs since international money in the Christian West is totally in the hands of the Rothschild Cabal master snakes and their worldwide power cliques of racial cousins and insiders. Consequently, the initial cries for a new approach on money matters received little or no coverage or consideration from the Rothschild media or the Rothschild Cabal financial market powers in the Christian West. But the non-Rothschild controlled nations continued their quest for something different.
Thereupon, since some of these non Rothschild owned nations felt that the Rothschild controlled Western Christian capitalist system was by-passing their needs, they began abandoning the US dollar and the Rothschild money system to conduct bi-lateral trade using their own currencies. Now internally, the BRIC nations (Brazil, Russia, India and China) are generally conducting trade bi-laterally without US-Rothschild dollars and without the Rothschild Cabal banking system oversight which has historically handled the international trade transactions to allow the Rothschild Cabal vipers to take a cut on the money flow.
Even recently, in Jan 2011, Russia started selling oil to China using their national currencies. This development arose when a Russian oil pipeline was completed into China. This oil pipeline event not only marked a turn away from Rothschild money but also it cut out Rothschild commissions on moving Middle Eastern oil in Rothschild Cabal tankers to China. The Rothschild Cabal masters own most or all of the oil tanker transport business. Thus, they have monopolized the movement of Middle Eastern oil into many nations in the world. Yet, Russia and China effectively said “no more” sharing of oil money with the Rothschild Cabal of master snakes.
The latest in Jan 2011 was that India agreed to use gold to buy gas from Iran (thus, by passing the Rothschild-US money system). What this amounts to is that some or many of the non Rothschild controlled nations are in the process of dumping Rothschild control over international finance and trade. They are moving toward use of their own currencies in bi-lateral trade. Surely, this process must be threatening to the Rothschild Cabal profits and control of the international financial markets and system. Of course, such a turn of events would prompt a Rothschild response.
Well, back in 2000, Saddam Hussein and Iraq decided to abandon the Rothschild-US money system and sell oil in gold and other currencies. This prompted an immediate Rothschild reaction by ordering the Rothschild puppet, George Bush, to attack and invade Iraq (resulting in the murder of Saddam for daring to cross the Rothschild masters). Iran followed suit by choosing to cut the Rothschild Cabal masters out of profits on Iranian oil and gas. So the Rothschild-US team is preparing for war on Iran. In the meantime, the cries from BRIC for a new reserve currency are gaining momentum. Thus, the Rothschild Cabal master serpents have to deal with these cries as soon as possible or they could lose control.
Though normally, the Rothschild Cabal merely calls upon its controlled US puppets to attack and invade nations opposing the Cabal, this option for some reason was not on the table with the recent revolts of China, Russia and Venezuela. Possibly, the Cabal masters are not quite ready for WWIII yet; so they chose to by-pass the military option for now—though in time they will use it to the determent of the US. Of course, they care nothing about the US and the American people as long they make their profits and extend their control over the world.
While persons following the Rothschild Cabal of master snakes may not have to get excited or be impressed with all of the public pronouncements of non Rothschild controlled nations or even of all of the talk from racial cousins of the Rothschilds, some words on occasion must be taken seriously. And in the past several weeks, there have been some public pronouncements from the key Rothschild relatives who have enormous clout, power and influence over the Western Christian dummies to implement Rothschild Cabal plans directly as dictated from the City (in London).
The Cabal Changes Course
In this vein, we are now hearing public statements from some of the Cabal’s highest players and relatives on the coming of a new monetary system which may entail a repeat of the July 1944 Bretton Woods Conference (as I discussed and predicted in the Goldsmiths CLIII of Aug 5, 2010). Perhaps here, in recent weeks, the Rothschild bosses don’t like the trend on-going whereby non Rothschild nations have been acting independently of the Cabal serpents. Perhaps there is some growing fear in the Rothschild counting houses that these views espousing independence from the Rothschilds could take root and cause them a loss of profits or control down the road. Regardless of what, the Cabal snakes are now reassessing their position of historically giving the non controlled nations the finger and doing as they please. A new wind is blowing.
The first major clue that something big was afoot came by Sep 9, 2009 when key Rothschild cousin and agent Mervyn King of the Rothschild controlled Bank of England began making speeches and public comments that the world needs a new monetary system to replace the dollar as the world’s reserve currency. King has subsequently followed up on numerous occasions calling for a new system and a new world reserve monetary unit.
Then on Sep 28, 2009, Rothschild relative and key insider Robert Zoellick at the World Bank came out with a similar proposal. This one came in a story by Glenn Somerville from Reuters which quoted Rothschild cousin Zoellick as saying that the US should not take the dollar’s status as the world’s reserve currency for granted because other options are now emerging. Here, we have one of the Cabal’s chief agents taking a public stand that the US dollar may be on the way out as the world’s chief reserve currency. And this story came from Rothschild’s primary media source—Reuters.
On Feb 26, 2010, Rothschild relative and Rothschild’s power leader and boss of the Rothschild created and Rothschild controlled International Monetary Fund (IMF), Dominique Strass-Kahn, followed up with a proposal for a new international reserve currency (per Rothschild run ABC News).
The next big bombshell came from another key Rothschild cousin and primary agent of power and influence over the dumb sheep--Jean-Claude Trichet--in charge of the ECB, the EU’s Central Bank. Though Trichet was not a big leader in 2009-2010 on a new reserve currency, he did in statements in Jan 2011 open the door that a new international reserve currency might now be needed.
On Feb 11, 2011, the Rothschild run IMF and its Rothschild cousin and Rothschild boss Strass-Kahn came out again with more talk on a new reserve currency and opened the door that the Special Drawing Rights used in the IMF could be used for such a new reserve currency (per Rothschild controlled CNN News).
Next, another big development hit the dumb sheep in the face on Feb 13, 2011 when the Rothschild created and controlled UN followed suit with more talk along the same line. The London Telegraph had this in a story by Edmund Conway on UN wants new global currency to replace dollar. Conway cited pleas from China, Russia and others and said “The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War.” This story added that a new Bretton Woods-style system of managed international exchange rates from a world central bank would intervene and either support or push down different currencies depending on how the world economy is behaving.
On Feb 14, 2011, another cry for a new world monetary system and new reserve currency came from Rothschild controlled France. This cry was led by Rothschild cousin and key insider Sarkozy, president of France.
The essence here is that key players on the Rothschild Cabal’s international round table are now coming out and publicly expressing the “need” for a new Bretton Woods agreement with currency values pegged to a new international reserve currency (the earlier Bretton Woods generally had fixed exchange rates pegged to the US dollar which was then backed by gold).
The Goldsmiths 153 (as published on Aug 5, 2010) discussed the Bretton Wood’s agreement in some detail and recognized the cries from many for something new. In that Goldsmiths, I predicted that ultimately a new Bretton Wood type agreement would probably entail an international meeting and a new agreement. This Goldsmiths will continue that discussion and offer some possibilities on what might develop.
What Seems to be Under Way
As a preliminary, let us take a look at the current make up of the US dollar index (per ezinearticvles.com):
Euro 57.6%
Yen 13.6%
BP 11.9%
Canadian 9.1%
Swedish Krona 4.2%
Swiss Franc 3.6%s
Next, here is something on the value of the IMF’s Special Drawing Right (as of Jan 1, 2011, per a CNN News report and LatinDailyFinancialNews.com):
US Dollar 41.9%
Euro 37.4%
Japanese Yen 9.4%
British Pound 11.3%
Per the latest round of talk from racial cousins and insiders of the Cabal, it appears that the Cabal is thinking about using the IMF SDRs as the new reserve currency. Since the BRIC nations particularly are demanding a basket of currencies, to include the BRIC currencies, there is some likelihood that the SDRs will be revamped in valuation to reflect at least China and maybe even Russia, India and Brazil. Russian president Medvedev wants the currencies of Brazil, India, China and Russia all added to the SDR mix, so it could happen.
In Jan 2011, Obama came out with a statement that the Chinese yuan should be added in (per Rothschild controlled CNN News of Feb11, 2011). Too, we can’t rule out the possibility of gold having some role to play in the SDRs—at least in backing of the SDRs and perhaps in valuation.
Thus, the SDR may be the new reserve currency, but with its valuation subject to a basket of currencies and perhaps even gold in some capacity. In the implementation of the move to SDRs, it is conceivable that the nations making up the basket may be obligated to transfer some their gold holdings to the IMF under some arrangement to support at least partially the eventual SDR unit. Internationally, the dollar can be generally phased out; though there might be some provision for the dollar and other currencies to be used in limited bi-lateral trade among participating nations (this would allow bi-lateral agreements within BRIC to continue since these are in place).
In the case of the dollar, I can see that a new agreement might allow IMF participating nations around the world holding dollars to transfer them to the IMF in exchange for SDRs (such an event would effectively rescue the falling dollar in the world markets in that nations could redeem them by transferring them to the IMF in exchange for SDR credits). It is even conceivable that the same transfer provision may apply to other currencies in the basket (in that they could be transferred to the IMF in exchange for SDRs). In fact, this might be a continuing proposition that nations acquiring currencies in bi-lateral trade in the future can transfer these currencies to the IMF in exchange for SDRs.
Therefore, there will be a continuing convertible feature for at least the currencies in the basket to SDRs. There will likely be a similar provision for other non-basket currencies which might initially start with a peg but later devolve to a flexible, changing profile depending on evolving economic conditions in those nations (and how well they toe the line to the wishes of the Rothschild Cabal master snakes that will be in charge and running the whole show). The IMF will hold these acquired currencies in its reserves.
I can even envision for a time coming that the IMF (which might transition into being the world’s central bank) will provide local currencies for use by the peoples on the street in different countries. In other words, this central bank could become the classic money changing operation for the whole world. Thus, a revamped IMF may become the central bank of the world. This may not happen all at once but it might involve a phased-in approach over time (and precede an eventual one world currency).
As far as the national currencies used by individual nations and the people on the street, the status quo will continue for the time being until eventually a single new currency does evolve for use by all people (this could come following WWIII, at least for much of the world). I can see for the time being where even the present so-called national central banks will continue in place and continue dispensing the actual paper currencies to be used by the people on the street in each nation. Since the Rothschild Cabal already controls most central banks and currencies in use by the people on the street, this control will continue but with the modification that it will be supplemented by the international SDRs and a coming world central bank (probably at the Rothschild controlled IMF).
As far as the US and likely the rest of North America, and possibly even much or all of South America, there is much Rothschild thought being given to a new currency to be used by the people on the streets. Something like the Amero could easily evolve and be a dominant currency in the basket to support the SDRs. This could happen even before the likely coming of Bretton Woods II/III.
Another Long Range Goal of the Master Snakes
Just like the old socialist USSR state had specialized zones of production of parts of something which when combined would make a whole product, like a car, so also the coming world commercial organization will attempt to have various nations specialize in certain items which can be combined from several different nations to make a whole product. Thus, mechanical car parts can be made by different nations around the world and then shipped to another nation which will assemble the separate parts into a whole car. This is a long range plan of the Rothschild masters and will not become reality all at once. But it will likely be discussed and slowly start to be implemented in the coming days. The move to use of the SDRs could encourage or demand this specialization in production.
In addition to specialization in parts that can be assembled into whole items, there will be other geographical specialization in production in general. Hence, we could see the US with food (with US control of food, it will insure Rothschild control of the world) and armaments for war, China--computers and small items, Japan--technology and car parts, EU--heavy equipment, Sweden--ball bearings, South America--food later if they join the Rothschild team, Africa--natural resources, Middle East--oil, Russia--oil and gas later if they join the Rothschild team, Australia--natural resources, etc.
When and How
As a minimum, a new Bretton Wood’s conference will surely occur in time (as predicted back on Aug 5, 2010 in the Goldsmiths 153). The when on this is easy because it could come anytime and not require any particular preparation. But my take is probably a monetary crisis will occur to spur the thing on. I have long anticipated a big fall in the US dollar when the US-Rothschild attack on Iran takes place. This could be next on the Cabal agenda. Most economists and analysts are now getting on the band wagon for big falls in the dollar. Well, this may happen short term; but the Cabal can work miracles in the money markets in time for Bretton Woods II or III when it does take place down the road.
Hence, I expect the US dollar to fall over Iran or something else near term but later (perhaps as the Amero or North American currency) to come into any Bretton Woods II or III (however defined) smelling like a rose with some unjustified, redeeming strength. This is what happened with the Rothschild owned British Pound at Bretton Woods I, which came to the conference with a peg of over $4.00 to the US dollar. I suggest that the Cabal masters will make sure that their primary currency, the US dollar (or its North American successor), comes in as strong as possible (unless the dollar has totally collapsed into the trash can by the time of the next Bretton Woods conference).
So while a big fall in the dollar from a stupid attack on Iran, a natural disaster or something else would make the dollar look bad, the solution may then turn out to be a new North American currency on the order of the Amero. The Canadian dollar is quite strong on its own merit and even the Mexican peso is looking fair at present. I had a recent news report at www.analysis-news.com that Mexican merchants are refusing the dollar and asking for the peso in trade. A currency like the Amero could make the US dollar look good (so, if need be, a new regional currency like the Amero could evolve before Bretton Woods II or III). Too, since the Cabal masters control the dollar index, they can make it say whatever they want it to say.
The Bottom Line
The above scenario may not evolve precisely as I have outlined. But there is a good possibility that much of the above will eventually take place. And it could happen either later this year or early next year. As a minimum, all the talk from the Rothschild Cabal relatives and close insiders has to be taken seriously. For sure, the dollar is going down the tubes at some point in time. The big question is when and what stops will be pulled out to try to save it at least partially. The above scenario opens the door on a couple of options the Cabal master serpents may try to use to save their favorite currency for profits and world rule—the US dollar.
The biggest problem the Cabal snakes face is that the dollar may hit the garbage can of worthlessness before they have time to implement their plans to save it (this could easily happen in the coming US attack on Iran, internal US revolution, natural disaster or during some other major loss of Cabal control over events). Of course, the snakes could and would quickly abandon the dollar and let it go down the tubes if necessary. In that instance, the EURO or the coming SDRs may quickly arrive on stage as the Cabal’s favorite money to cheat and defraud the nations around the world.
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-- Posted Friday, 25 February 2011 | Digg This Article
| Source: GoldSeek.com
