When reading about the Precious Metals, one can end up in the strangest places. One learns that the world is very interconnected. Underlying cause is not known for very visible effects.
A link to
Comex Institutes Trading Collars For Precious Metals started my hop skip jump around. In simple terms, the CME expects higher volatility in the precious metals markets, particularly for gold and silver. For reasons yet unknown. The collars go in on Monday.
Derivatives and mass financial destruction talks about a worry that one or more G-SIBS (globally significant important banks) may fail. G-SIBS are counter-parties to a large fraction of $691 trillion gross nominal value in derivatives (about 9 times the global GDP). If there is instability in a major commodity market, say energy, and this instability vibrates through to other sectors via currency, credit or equity markets, insolvency may threaten G-SIBS via their lending and derivatives exposures. Various 'circuit breakers' are being enacted, with liability ultimately being transferred to government institutions.
Then some newsletter sent me over to The Implosion Of American Culture. As introduction, other news articles are describing that the BRICS (Brazil, Russia, India, China, and South Africa) countries are starting to trade in native currencies, ie, not using the US Dollar as an intermediate. As such, this article indicates "As use of the dollar levels off and begins to recede into the blend of multilateral currencies, the culture that grew up around it will also recede and implode back into the place from where it originated". Another interesting tidbit, as it relates to the US Congress not enacting IMF's (International Monetary Fund) 2010 reforms: "Across the globe the message is being promoted that America is holding up the much needed reform of the international monetary system, reforms which will “prevent and strengthen the global economy against future liquidity and credit shocks as well as exchange rate instability”.
The article was written by JC Collins, who has a blog called Philosophy Of Metrics. He talks about CSI (Cultural and Socioeconomic Interception): "a process where international banking interests use hidden strategies and methodologies to effect change on the macroeconomic level". This is introduced in an article called
The Enlargement Of The Dialectic Collapse.
"On top of all that we are being told by the global institutions like the IMF and BIS, that growth is slowing and the risk of collapse is increasing." The banker's require growth and inflation in order to resolve their issues of debt accumulation. They have too much debt to be paid. Inflation is the only way to make it go away. They can't pay it down, so it's value has to be devalued. Unfortunately, as the world industrializes, I believe that world population growth is going to flat line, and shrink. Growth is going to be hard to come by in this scenario.
Some sort of equilibrium is going to have to be reached. At some point in time, consumers are going to consume less. If I may make so bold a statement. This doesn't bode well for central planners (ie bankers).
On the way to this balance in reality, it is entirely possible there may be economic upheavals through imbalances between "the disorganized masses and the rent seeking elite". But I diverge from the article
The First False Flags. It seems that
upheavals are going to be engineered by the 'Money Changers' through the methodology of CSI (Cultural and Socioeconomic Interception). The Money Changers desire a world wide single currency. It appears that the IMF and it's SDR (Special Drawing Rights), are the basis for this new international form of currency.
From the article The New Exchange Rate System: "Since 1944 the U.S. dollar has been the reserve currency which means that international trade imbalances have been settled in dollars. This forced other countries of the world to hold dollars which allowed the U.S. to export the majority of its inflation". The implication of this statement is that as the US Dollar loses it's reserve status, less and less US inflation is going to be exportable. Which means that US inflation will not match with international inflation, and therefore, the dollar will be less and less valuable when compared to other currencies. Which may yield economic upheaval within the US, as well as any international economies with ties to the US Dollar.
A side bar to the US' non-renewal of the IMF 2010 reform: Time for the US To Risk Its IMF Veto.
I've always wondered why the Renminbi has various symbols. The article at
Renminbi and the Alternate IMF Reforms explains: the RMB is broken into offshore usage and onshore usage. RMB that is traded offshore is known as CNH, and RMB that is traded onshore is known as CNY. Both have different spot rates and yield curves. In addition, China’s currency is called both the renminbi and the yuan by media in the western world. The reason for this is easy to understand. Renminbi is the name of the currency and yuan is the unit of measure. Just like the British sterling is the name of the currency and the pound is the unit of measure. The article also relates that the number of RMB Bilateral Swap Agreements are increasing. In November, the Bank of England and the Bank of Canada became participants in this internationalization. "The BRICS Development Bank and Contingency Reserve Arrangement which were implemented earlier in the year are not signs of a BRICS overthrow, but are only signs of the development of broader infrastructure meant to support the internationalization of the RMB. This infrastructure is meant to facilitate the clearing of RMB".
A lead into the fact that There Is Hope in Understanding That a Great Economic Collapse is Coming with specific references to the US via The Implosion of American Culture.
The masses are being indoctrinated via six monolithic media corporations which control almost everything watched, heard, or read.
IMF Now Ready to Slam the Door on the US and the Dollar indicates that the once-every-five-year SDR conference is due for October 2015 where the Chinese Renminbi joins the SDR.
An interesting article about What Gold Does in a Currency Crisis. But the chart is effectively a measure of the Russian currency against the international market value for Gold. So it shows the strength/weakness of a currency. So I think more research is required to see Gold's valuation in various international currencies.
Automatic Earth has a small glimpse into an aspect of the beginnings of an international economic crisis: The Biggest Economic Story Going into 2015 Is Not Oil, but kind of oil related as many oil exporting countries are going to hurt if the price of oil remains low.
All this relates to what appears to be a New World Order (NWO) where there exists a global currency and centralized economic control. In the article False East/West Paradigm Hides The Rise Of Global Currency, it is stated that "the elites are not satisfied with quiet dominance of individual economies. They want complete political homogenization and the end of all sovereignty". Henry Kissinger is said to be Mr. New-World-Order himself.
According to Central Banks’ Love-Hate relationship with gold and Silver, the objective of Banks is to "get Gold out of the hands of the people, because that allows the person freedom, and liberty to do as they see fit". Another interesting point: "And here people are wondering if the Fed will ever allow stocks to drop: it is now more than obvious that with all banks leveraging the equity exposure to the point where a market decline would likely start a Lehman-type domino, there is no way that the Fed will allow stocks to drop ever…".
Edge Trader Plus says that the Russian Central Bank out of Russia was created, designed and controlled by the Rothschilds. More importantly, the following: "it makes no
sense for the still-in-control elites to allow PMs to be dramatically revalued too high.
Neither gold nor silver will ever be allowed to compete with their fiat monetary system.
We have no clue how gold and silver will ultimately be re-priced, nor do we think does
anyone else, despite all the numbers being bandied about ... It does not alter the view and necessity for the ongoing accumulation of the physical
metals, for having them will be essential when the big “reset” finally hits."
What I don't understand is something from Fed calls time on $5.7 trillion of emerging market dollar debt where it is stated that "the Fed has already slashed its bond purchases to zero, withdrawing $85bn of net stimulus each month. It is clearly itching to raise rates for the first time in seven years. This is the reason why the dollar index (DXY) has jumped 12pc since May, smashing through its 30-year downtrend line, a "seismic change" in the words of HSBC". With debt so high, or so much, how can any good come from raising interest rates. It makes the pay down so much more painful. Or is that the point, as a cause for the "Reset"?
Zerohedge has two articles directly relevant: The Global Monetary Reset Is Under Way and Two Months After Saying "Deflation Isn't Going To Happen" ECB Warns "Negative Inflation" Is Coming. An excerpt: "The strategies that seem unique and strange, and contrary to tradition - rampant money printing, the monetizing of debt through central banks buying government bonds, ZIRP, NIRP, and the suppression of precious metal prices, are the necessary strategies of a new monetary system set up to cope with the problems arising from monetary excesses of the past".
The main document regarding the SDR: Enhancing International Monetary
Stability—A Role for the SDR.