(Jim Willie) The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms. The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.
Bilateral Oil for RMB Sale + Shanghai Gold Exchange = Gold Trade Note
GOLD ENTERS THE TRADE EQUATION
Examine the many components for the demise of the Petro-Dollar, the fading importance of the USTreasury Bond, the chronically supressed Gold market, and the emerging structure of the oil trade among the Eastern superpowers. Grant Williams lays it out in wonderful style in a recent Zero Hedge article, truly great work. See Zero Hedge (HERE). Take it one step further. The Russians as primary oil producers have the ability to sell oil in RMB terms, accept the Chinese currency and purchase gold at the Shanghai Gold Exchange. Soon the Chinese can better organize their oil purchases from other nations. The vendors can turn around and do the same, convert the RMB into gold in Shanghai. The Petro-Dollar has been effectively replaced with the mechanisms of a Petro-Yuan erected on the Gold table. The Chinese are putting in place a link between oil and gold, once again like before the Bretton Woods Gold Standard was violated by Nixon in 1971. The Gold Standard is emerging, with respect to the oil market…
Source: Gold Trade Note Sighted
DECEMBER 30, 2016 /
For as long as I remember elections were [real] elections (up until a few years ago when I had my eyes opened to reality). One side won and one side lost. Previously, it had never dawned on me that someone actually owned both parties, and no matter who won, that control group would be the actual winner.
This happened despite the US Democratic and Republican parties going through the motions in a continual effort to con us into believing the parties were fighting, when in fact (at the upper levels) they worked together, made money together and worked the con together; to bring us to our knees.
In other words, take one good look at who’s “who” in Congress and in the Senate. Then you will see who is who and who should not be there any longer.
Yes, we’ve been had for a long time – but not any longer, as we have awakened. We are tired of being had by a bunch of phony so-called politicians who pull the wool over our eyes again and again.
Continue reading NEIL KEENAN UPDATE | The Final Battle Lines Are Being Drawn — Neil Keenan – Group K, Ltd.
Karen Hades is at it again with gross stupidity and disinformation.
In her latest interview she is telling everyone that the original Bretton Woods Agreement has now expired and that all the gold that was put on deposit in the Global Collateral Accounts is now the property of the People of the World – due to the Statute of Limitations being 50 years with no claims against these deposits.
Hades claimed that Marcos, being a lawyer, arranged the agreement as such and that the gold came from Jose Rizal, a Philippine Ambassador to the Vatican; who is supposedly related to the old Queen of England.
Let’s get a bit of history correct to begin with.
Marcos was never M1 but he did negotiate with the Asian Elders to finance the reconstruction and world development after WW2 as detailed in the Bretton Woods Agreement.
Continue reading NEIL KEENAN UPDATE | Stupid Is As Stupid Does – Forrest Gump – Neil Keenan – Group K, Ltd.