Arab Gulf States Join Chinese Campaign To Dump The Dollar

Alasdair Macleod said recently that Gulf State billionaires are sending their .995 pure 400 ounce gold bullion bars to Switzerland to have them cast into .9999 pure gold kilogram bars. Dr Jim Willie has said that the one kilogram gold bar will be the center piece of the new system of international trade designed by China to replace the dollar. Dr Willie has said he was told that the price of gold will be set at $7,000 an ounce. Jim Rickards who is a member of the Council on Foreign Relations and a corporate insider has separately said it would take $7,000 an ounce for a gold exchange standard to work.

Please understand this: When the dollar is rejected as the international reserve currency, American wages and pensions will be cut 50% if not more. An alternative would be Debt Cancellation and monetary reform.

Currently, Americans do not have to produce anything people overseas want to buy. All they have to do is to print money and they get free cars from Japan and Germany. They get free food from all over the world. They get free clothes and electronics. The problem is that people overseas do not like working for free. And they resent the fact that they are paying for all the bombs America drops on other nations. And don’t forget the drone strikes. That would all stop tomorrow morning if America had to buy gold with their funny money before they were allowed import anything.

The US dollar is currently the international reserve currency. Many nations outside see that as an unfair advantage. Great Britain’s pound had been the international currency along with gold until the UK devalued the pound on September 21, 1931. Roosevelt devalued the dollar in 1933. The world suffered until 1994 when the Bretton Woods Conference named the dollar as the international reserve currency. Harry Dexter White represented the United States. John Maynard Keynes represented Great Britain.

In the 18th century if an American wanted to buy imported goods from France, Italy or England, he could pay for it with gold or English pounds. Until recently anyone in South America could buy goods from Japan or Europe using American dollars. China has aligned itself with the BRICS (Brazil, Russia, China and South Africa plus 20 other nations) to form a trade block to rival the dollar.

In August 1971 Nixon closed the Gold Window and refused to exchange gold for dollars. Henry Kissinger created the Petrodollar in 1973. Gulf state oil exports had to be purchased in US dollars. The Gulf states invested their dollars in US Treasury bonds and the stock market. The stock market is over valued and headed for at least a 20% correction if not 40 to 60%. If the Arabs sell oil in yuan and in other currencies pegged to gold, the dollar will die.

I recently wrote of two economists in Europe who said they believed China was cooperating with the Federal Reserve and the US Treasury to keep the price of gold and silver down. It is to their advantage to keep gold prices low while they acquire 2,000 or so tons a year. China is the world’s largest producer but they export no gold. They own mines overseas. They only report gold imports through Hong Kong but not other cities. They say they have 1,000 plus tons in their gold reserves. I think China has gone past 7,000 tons and could soon pass 10,000 tons. Dr Jim Willie and others have said they could already be at 10,000 or more tons.

He also says that if they set the value of an ounce of gold at $7,000 per ounce then they could recover their loss in the value of their US Treasury holdings. China said they will no longer be accumulating foreign currency reserves and US Treasury bonds. They are running trade surpluses. The mathematics of that statement is amazing. What they are saying is that every business day of the year they will be dumping US dollars. The US is in perpetual trade deficit. That means the dollar’s slide into oblivion is accelerating. Last month China and Japan led the world in the Dumping of US Treasury bonds.

Nobel Prize winner Wassily Leontieff did a different sort of analysis of the US economy. He concluded that America had 31 basic industries. The key to her high wages was that Americans did not have to import raw materials. Her skilled labor force added value to the natural resources which she extracted. It was shown later that after America’s population went above 150,000,000 that she was supposed to lower wages to make her products competitive. Why? Because at that point America had to buy raw materials from overseas.

This was known to the elite. So what did they do? They more than doubled the US population through legal and illegal immigration. They passed NAFTA which has closed 56,000 US manufacturing plants. And they out sourced millions of other jobs. They have created a nightmarish budget situation where America has to run a deficit of at least one trillion dollars a year. The US also has a balance of trade deficit.

Americans can only live on their low wages because they can get food assistance and aid from from hundreds of state and federal programs. The elite has proposed legalizing 30 million illegal aliens. This will bankrupt all existing social welfare programs and lower wages even further.

Yet the elite is conspiring with China and other nations to destroy the dollar. They know that when the dollar collapses that wages will have to collapse 50%. 60% or more if their Amnesty program simultaneously destroys social welfare and wages.

I have said before that Wall Street and the City of London have been working for a New World Order which means they oppose national sovereignty. That includes American sovereignty. That means America must be brought down before their NWO can rise from the ashes of those free nations who resisted tyranny. I have also said that their exit strategy is a Racial Civil War. America has 300 million plus guns. Over 500,000 50 caliber rifles. 800,00 slide fire stocks which allow them to fire their Ak-47s and Ar-15s automatically. They have access to National Guard armories. There are 8 year-old girls who can consistently hit targets at 100 meters with their Ar-15s. A lot of police and military would side with the white Gentiles against Washington and New York.

I have noted that the US military exercises conducted in major American cities seem designed to protect wealthy Jewish suburbs from poor blacks and Hispanics.

Wall Street is preparing a Racial Civil War to destroy the US so non-white Gentiles cannot join forces with whites to change the government, have Debt Cancellation and currency and banking reform.

Some really believe America will survive the loss of every American city. I do not.

I should point out that Saudi Arabia’s royal family were Jewish as were the founders of the Wahhabi sect of Islam. They are the only Muslims who require women to wear veils. And they are the source of Al Qaeda which is a NATO terrorist force. Please tell me if you have ever seen Al Qaeda attack Israel. Israel could easily align itself with China and Russia against America. Netanyahu  might have to be assassinated by wealthier Jews who support the NWO to keep him from attacking Iran. Iran is a regional power. Israel will have to accept that fact and move onto the NWO solution.

The City of London has extensive ties to Russia and to China. The British people, Europeans, Americans and everyday Chinese will not benefit from the collapse of the dollar. This game of collapsing currencies is nothing more than the theft of tens of trillions of dollars organized for the enrichment and amusement of the Uber Wealthy at our expense.

The US dollar’s life expectancy is measured in months. Time is running out for reform.

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Eddie Reborn Into A World With Debt Cancellation

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About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
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48 Responses to Arab Gulf States Join Chinese Campaign To Dump The Dollar

  1. Pingback: Arab Gulf States Join Chinese Campaign To Dump The Dollar |

  2. Harry Dexter White was not only jew banker but also a Soviet spy, Wall Street and Communism are two sides of the same coins, both jewish controlled.

  3. Dear VideoRebel horse237,
    Thanks for your work and leadership. Best wishes reaching your target audience of US Military Field Commanders and convincing them that a US military coup is perhaps the last option to save America from a banker-induced total economic collapse, via debt cancelation and banker asset seizure.

    You correctly point to Jews as the driving force behind the collapse, but there is a bigger story to be told. Dr. Henry Makow’s “Illuminati: the culture that Hijacked the World” tells that story:
    – satan and the millennium-old satan worshippers are the true driving force behind the NWO
    – Their latest form is the rothschild-crime family created illuminati
    – It was the illuminati who created zionism/communism/nazism/socialism/wwi, wwii and created Israel to be the capital for the NOW
    – It was the illuminati who hung European Jewry out to dry during wwii
    – The illuminati currently use all Jews for cover but can and will hang them out to dry again when they become un-useful
    – The A-team “Jews” are not Jews they are satan worshippers.
    – The illuminati is full of “non-jews”: really all illuminati, by definition, are satan worshippers
    – Real Jews follow Moses and the 10 Commandments
    – Most Jews today follow “Judaism” which, was secretly hijacked by talmudists

    Please read Makow’s book when you can…..I believe he speaks the truth.
    Thanks again so much,
    Rich

    Rich McCampbell, PE
    CRB Consulting Engineer
    Sanofi Pasteur Biologics, LLC
    90 Shawmut Road
    Canton, MA 02021
    Email: richard.mccampbell@sanofipasteur.com
    Phone: 781.302.2907
    Mobile: 857.998.8807

  4. greg bacon says:

    American minds are so filled with slop, like the latest BS about some Hollywood clown being photographed not wearing undies or talking drivel over last night’s Big Game, that there are so many clueless about what’s about to hit them in the face, that when it does, it’s going to get ugly real quick.

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  24. Pingback: Arab Gulf States Join Chinese Campaign To Dump The Dollar | ArtilectWorld

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  29. One correction I’d make to your honest and insightful article is – it’s never an Arab Gulf (although the Arabs’ve been trying to buy that name), it’s the Persian Gulf, and always has been. for the last 40,000 years of history.

    Over the last 40.000+ years of history, the Indians, Iranians, South Americans and the other West Asians (Arabs, Hebrews etc) have had a booming trade and their economies always went well – that’s why everyone from the Mongols to the UK-ish and other broke Euro nations (Spain, Portugal etc) wanted a piece of the pie.a few 100 yrs ago – but now, the party’s over. It’s back to what it was 500 yrs ago.

    • horse237 says:

      I always refer to the Gulf as the Persian Gulf. Only in this case did I refer to the Arab Gulf states as that is what they call themselves. If you are a new reader, I do not believe there will be a war against Iran as America would lose. The U.S. military has said several times there will be no attack against Iran.

  30. Byron Mullet says:

    According to Wikipedia, China is sixth in the world in gold reserves with 1,054 tons. The EU has 8,900 tons and U.S. 8,100 tons. In addition, while U.S. debt is a whopping 17 trillion, citizen’s have 18 trillion in 401K’s etc. which if push came to shove could be appropriated by the government. The bad news is, the U.S. is adding an unsustainable 85 billion a month to life support the multicultural-pluralistic, children’s Christian conscience destroying, social entitlement country we have created, where people are paid to not work…Secular Liberal Progressives, seem hell bent on spending “In God We Trust,” into oblivion, along with virtue, the bible and western civilization, to bring in the new secular “global warming” world order, they dream of…As far as the Chinese, rich Arabs, the EU, Britain, the Brics and Russia is concerned, they can see the handwriting on the secular wall and the Christian’s lack of moral courage to stop the secularist dream…

    • horse237 says:

      Do you believe everything the government says? How can China have only a little over a 1,000 tons when they take that much in through one port but do not count what comes through other ports? They mine more gold than any other country. They own gold mines overseas. America cannot even repatriate the gold other countries like Germany have deposited in New York. American gold bars have been discovered in Hong Kong and Europe to be nothing more than gold plated tungsten. Dr Jim Willie as I reported said China has or soon will have over 10,000 tons of gold.

      When we can no longer send gold to China at bargain basement prices, they will pull the plug on the US. They can write off their US Treasury bonds by setting the price of gold at $7,000 an ounce and by requiring us to buy gold before we import anything.

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  35. joe says:

    If you changed all references to jews in this article to catholic and vatican then it would be accurate.

    • horse237 says:

      The Rothschilds took over the Bank of England in 1815.

      The Rothschilds took over the Vatican finances in 1827.

      The Rothschilds took over the US in 1913 with the passage of the Federal Reserve Act and the IRS Amendment.

      Go to YouTube. Type WTC 7 Collapse into the search box. Tower 7 was never hit by a plane on 911. So how did it collapse?

      Then type WTC 7 BBC into the search box. The BBC was told by Reuters which was owned by the Rothschilds that Tower 7 was going to collapse long before it did. The BBC went on air with Tower 7 still standing and announced it had collapsed. London had just gone off Summer Time but we were still on Daylight Savings which caused a one hour confusion.

      Please don’t send me anything about the Vatican. They knuckled under to the Jews. They are not the center of Evil on the present age.

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