• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

The One World Currency Regime

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#1
For years now we have been discussing this, looking for answers. Watching to see what they do, and how they try to accomplish it.

But, and a very big but it is,

We have been looking in the wrong places!

It is already here!

While certainly there will be those that do not believe it, and cannot comprehend it. From my POV it exists and it is already here.

We can all make some educated guesses here. For one, if what we see is true, for instance, the dollar sinking while the zero and yen are rising again, then that must mean that their economies are in far better shape than the dollar.

What do we have though? The zero land continues their monetary expansion and game playing with neg rates, while in yen land, abenomics is soley built to depreciate and stimulate the economy. So we are told.

While here in the US, unemployment is dropping, things are definitely better than they were in '09, and yet the dollar is sinking again. Threatening to take out important support at 92.50. Again, all else equal, this should not be happening.

Or another, 'ole yeller raised rates a few tics in Dec, and yet the dollar dropped afterwards. Now that doesn't make a lick of sense when you factor in the zero and yen activity.

An argument can certainly be made that the dollar index should be clearing 100 + or so, yet it declines.

So what gives?

One explanation or theory first espoused by BB, is that the majority of the currencies are being massaged to achieve x values. At that point it dawned on me that the currencies are no longer tied to their respective economies, but are only part of a greater group now. In that, the currency values are being maintained to achieve a relative position vs other currencies for reasons that are political or other.

This would also put a period at the end of 'ole yellers statements over the past couple of year. The reason she cannot explain her position, give future guidance, has a tendency to flip, is because she has control of exactly nothing other than title. She is taking orders and does not now what her next move will be.

Look at the other central banks around the world and their actions. As you look into it, they too are not operating as we would have believed. There has been a disconnect somewhere along the line.

Now you may ask, who would have that type of power and why would it be hidden in plain site? Great question. We have all heard of the IMF Bank (International Monetary Fund) of which the US holds a great percentage, along with the BIS (Bank for International Settlements) right? Sure we have. Now couple that with how you have seen the power they exert, whether in Greece, or any other country where they have stepped in to 'lend a hand'. They provide the rope for these countries to hang themselves.

Now if you have read this far, I have one further point. We all know about the Fed being created back in '13, 1913 that is. We know the stories, have read about all of it. It was, and they were true.........for a time. The Fed was all powerful, and is private, and was created by some very well placed men shall we say. But along game the boom, then the requisite bust, and one helluva bust it was. The Great Depression. Right fine depression if I read it correctly, or listened to the stories well enough.

It was at this time, the mid 30's, that the game was changed. The creation of the ESF or 'Exchange Stabilization Fund' :

The U.S. Exchange Stabilization Fund was established at the Treasury Department by a provision in the Gold Reserve Act of January 31, 1934. 31 U.S.C. § 5117. It was intended as a response to Britain's Exchange Equalisation Account.[2] The fund began operations in April 1934, financed by $2 billion of the $2.8 billion paper profit the government realized from raising the price of gold to $35 an ounce from $20.67. The act authorized the ESF to use its capital to deal in gold and foreign exchange to stabilize the exchange value of the dollar. The ESF as originally designed was part of the executive branch not subject to legislative oversight.

https://en.wikipedia.org/wiki/Exchange_Stabilization_Fund

So you have this new entity created that could operate freely, without oversight from anyone. This then put the Fed as the front man for the currency and economic activity. A key point in this is it allowed the real players to move out of the public arena and could now freely operate in total secrecy. The buttons of power were moved from .Fed to .ESF, where no one would follow, no one could question, and more completely, no one had a identity.

This is where the trail goes cold for me though, as there is certainly more to this than the ESF. That there are more players behind the curtains to pull this off that are ex the US. That was only the beginning, followed by JFK, then the moves of '71 and Nixon, and on to 1980 when the debt spigots were opened wide.

Before you consider this a plumb loco, and preposterous, I would only ask that you entertain it, then follow your own tea leaves.
 

solarion

Midas Member
Midas Member
Sr Site Supporter
Joined
Nov 25, 2013
Messages
6,915
Likes
10,880
#2
It's not loco at all when you take into account the sustained downtrend in real interest rates for the past 35 years. The fed and other CB's actions only make sense if you discount their publicly stated intentions and consider that they're all working in concert to achieve objectives that remain a closely guarded secret.
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,346
Likes
3,123
#3
The ESF, the FED people we get to see, the BIC, MIC and all the other 3-letter organizations are a rung or two down from the controllers of the world, TPTB. Those 3-letter organization operate in their own ways but do so with an agenda preordained. In addition, they are only a "phone call away" from being ordered to stand down, move in a different direction or pursue a specific task. Those orders don't come with a discussion.

The owners of the CBs (he who controls the money....), whom own about 90% of everything in this world (the assets and the systems in use, financial, military or otherwise), are best pictured as players in a high stakes poker room. There will be several very big games going on at once. At the smaller tables is where Venezuela and other smaller CBs play; these smaller players can be called over to join in at a bigger table though and usually that doesn't work out well for them.

The chips are many different shapes and colors and include fiat monies, bonds and other financial instruments, real money like gold, industries, commerce systems, military assets and the list goes on... The goal isn't usually to defeat the other players but to absorb more wealth from outside the game (you and me) and gain more control over their own chips. Often the players at a table, or while taking a break and having a drink at the bar, will work together and the results may end up with many or all the players gaining more wealth (chips) and more control over those chips; games don't always end up with a lot of chips moving from one player to another.

Politicians have you believe that the nations are in contention with each other but this is not usually true. Behind the scenes TPTB both fight among themselves at times and work together toward a commonly agreed on goal at times while they play out their high stakes poker games. A one-world currency is not a requirement for TPTB and you are correct, in many respects we already have a single currency by way of the global acceptance of linked together fiat monies. Fiat is simply an illusion, only worth anything in that it is accepted as money and agreed upon to have a certain level of value for exchange. Any fiat currency traded in the forex market is already tied in to the others, there is no difference in these mediums of exchange other than their changing valuations against each other. The currencies of today are the methods of control and the means of theft.
 

earplugs

Gold Chaser
Platinum Bling
Joined
Apr 2, 2010
Messages
3,549
Likes
1,536
#4
I think your are pretty close, op. They now seem to be doing some kind of currency swaps. It was exposed in japan.
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#5
FM,

That is all old way of thinking. I would argue that you review that, and you will find what I say completely different than what we have all believed to be true.
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,346
Likes
3,123
#6
One explanation or theory first espoused by BB, is that the majority of the currencies are being massaged to achieve x values. At that point it dawned on me that the currencies are no longer tied to their respective economies, but are only part of a greater group now...
Isn't this the same thing as what I said? The currencies, all part of a greater group: group of fiat (illusion only) mediums of exchange.

Also, the USD decline from near 100 to 93 is both following a long period in the low 80s and during a period where China has been dumping USD extremely fast while trying to maintain their currency from sliding too much. Smart move on their part to not divest when things were in the 80s and suddenly unload at the high 90s.

She is taking orders....
I did agree with this as well, the FED we see is not in charge but taking orders from their owners as they work their plans out along with EURO and other CB owners.


Now if you have read this far....
I barely made it that far before depression set in so I just skimmed through the rest and chalked it up to conspiracy theory ranting, not as entertaining as Alex Jones but certainly more to the point.
 
Last edited:

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#7
then I missed what you stated,

figured it was pointed at a particular group which was hashed over for years,

while in fact, it may be something that we have not considered as of yet. That is also why I say the trail went cold on me, as I have no info regarding the whom and how.

One guy has wrote books and talked at length about 'all roads lead to Rome', and of course there are other theories by others.

But are any of those accurate? Don't know. When you look at it, the IMF and BIS have groups from around the world behind them. That fact alone may discount prior convention.

The ESF was created in '34, while the IMF was created in '45 at the end of the war, whereas the BIS predates them all and was created in '30.

---------

BIS history - overview

The Bank for International Settlements (BIS) was established in 1930 in Basel, Switzerland.

It is an international organisation, created pursuant to an international treaty (The Hague Agreements of 1930). Its shareholding members are central banks and monetary authorities.

The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.

The following pages will tell you more about the history of the BIS:

http://www.bis.org/about/history.htm

-------------------------------------

The IMF at a Glance

Why the IMF was created and how it works

The IMF, also known as the Fund, was conceived at a UN conference in Bretton Woods, New Hampshire, United States, in July 1944. The 44 countries at that conference sought to build a framework for economic cooperation to avoid a repetition of the competitive devaluations that had contributed to the Great Depression of the 1930s.

The IMF's responsibilities: The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.

https://www.imf.org/external/about.htm
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#8
The concept of a one world currency existing seems stupid at course, as we have all these currencies still in existence around the world.

I get that, yet:

How many times have you watched a country declare 'they are going to defend their currency'? Many many times, and inevitably, it has never worked. One company going against the machine just doesn't happen. Ohh sure, the blame is always laid off on speculators, or some other convenient drop box. Even Britain got its keister handed to them.

Typically also, when one can watch these occurrences real time ie over a period of months or years, it becomes clear that the rational for a particular currency doing something of magnitude is always political, and never really economy dependent. Again, surely that is the story painted to the masses for dissemination, but there always is a story behind the headlines.
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#9
For the record, I am not original in this thought, as variations have been put forth over the years.

Even BB here has been mulling this over for quite some time, so he too had been to the punch bowl prior to me.
 

BarnacleBob

Moderator, Equal opportunity annoyer!
Founding Member
Site Mgr
Site Supporter
GIM Hall Of Fame
Joined
Oct 15, 2012
Messages
16,476
Likes
32,772
Location
Ten-Oh-Cee
#10
Been sniffing around the FX sites, they seem to be just as confused as everyone else is concerning the recent huge moves.... Looks to be a pure inside accounting scheme providing some semblence of rebalancing at the CB's.
 
Joined
Apr 30, 2016
Messages
107
Likes
131
#11
Think of the BIS as the corporate headquarters, and the various central banks as merely branches. From this perspective, you will see that the individual "branch" cares neither for the country that it operates in, nor the local fiat currency that it is issuing. It cares only that it is siphoning off the wealth found there.

But most central banks aren't private you say? Read this:

http://www.watershedsentinel.ca/content/bank-canada-lawsuit

By the way, this lawsuit is still ongoing, and despite being the most important lawsuit in Canadian history, almost nobody there knows it is going on..
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#12
exactly right itchy,

yet, most had always figured that each country had some autonomous control, until they got into trouble,

what we are all proposing is this is quite far from the truth,
 

southfork

Mother Lode Found
Mother Lode
Site Supporter ++
Joined
Mar 31, 2010
Messages
16,551
Likes
15,834
#13
Or perhaps the ptb have lost the ability to manipulate thing anymore and fiat is resetting to its true worth 0000000000
 
Joined
Apr 30, 2016
Messages
107
Likes
131
#14
most had always figured that each country had some autonomous control, until they got into trouble
Or perhaps the ptb have lost the ability to manipulate thing anymore and fiat is resetting to its true worth 0000000000
Well, in both of these comments you see the genius of the model. It is designed so that the country using the system has almost total autonomous control at the beginning, but that control lessons in proportion to the debt load being carried. It is also designed to create exponential debt.

Autonomy drops to zero, and fiat drops to zero as debt approaches infinity.

The PTB then come out with their newer more centralized system. The next iteration will be some form of world currency - SDR's for example.
 

BarnacleBob

Moderator, Equal opportunity annoyer!
Founding Member
Site Mgr
Site Supporter
GIM Hall Of Fame
Joined
Oct 15, 2012
Messages
16,476
Likes
32,772
Location
Ten-Oh-Cee
#15
ECONOMIC & FINANCIAL AUTONOMY??? LMAO

Please inform me how autonomy & control over economic & finance operates when a nation joins the NATO ALLIANCE!

https://en.m.wikipedia.org/wiki/NATO

Members of the NATO sociopolitical, socioeconomic & sociomilitary western treaty ALLIANCE which btw is headquartered in Brussels, Belgium must by necessity capitulate their independence in, as mentioned in the foregoing. Consider that it operates much the same as the treaty organization of the EU (united states of Europe) with its central authority... members of the EU by necessity to join were forced by conditions to hand over various aspects and powers of sovereignty to enjoin the union, a.k.a. economic & financial alliance.

The same occurs in any alliance, whether it be economic, politiical, financial or military... Alliances are like chains, they are only as strong as their weakest members! A key point....

Which brings me back to NATO. The members of this alliance must hypothecate various powers of sovereignty to the alliance itself. The alliance must then reciprocate with various privileges to its 28 nation members. Employing the chain & weakest link analogy, NATO as an alliance to remain strong must economically, financially & politically support alliance members. This is not an option, but a basic necessity to maintaining such an alliance, for if the members began infighting amongst one another the alliance would inevitably fracture & collapse into dust.

To keep the alliance financially sound, the CB's fulfill the mission of accounting and oversee market operations in the distribution of commods, finished goods & services. By this means the members remain stable, able & willing partners in good standing with one another.

"YOU DONT OWN IT IF YOU CANNOT DEFEND IT."

The major method of organising such an alliance REQUIRES collectivism, central planning & socialism to maintain political, economic, financial & social stability...

As we dig even deeper into the western system we find two very different currencies operating as well... For instance the FX $ & the broad trade weighted $, each possess a very different purpose and value in the alliance system... which I wont address at this apex.

One can easily observe the "Triffin Dillema" in operation as we observe these huge "unexplainable" FX moves combined with various CB & political policies that remain unexplained: re the secret TPP, etc...

https://en.m.wikipedia.org/wiki/Triffin_dilemma

Hopefully you will begin considering the above axiomatic facts regarding the political, economic & financial, etc. requirements of operating a 28 nation alliance.... Whatever must be done, WILL be done to maintain & support the alliance system....

And IMO China is being groomed & enticed to become a NATO Member...
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#17
Yep, that is where this is heading BB,

Where the global currency shell game must have a enforcer,

That enforcer may be considered as NATO,
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#18
Isn't GOLD the one world currency?
Great question, and yes to us it could be considered so, but to those we speak to, while certainly used and recognizable, the power it had to drive the bus has been stripped from it IMO.
 

BarnacleBob

Moderator, Equal opportunity annoyer!
Founding Member
Site Mgr
Site Supporter
GIM Hall Of Fame
Joined
Oct 15, 2012
Messages
16,476
Likes
32,772
Location
Ten-Oh-Cee
#19
Isn't GOLD the one world currency?
Nope... in the centralized alliance system UST's & notes, etc. are "tier one" assets which serve as collateral @ 100% of face value, while gold & silver serve as "tier two" assets.... they can and do serve as collateral but @ a huge discount of 50% of spot value...

As Scorp pointed out, AU & AG have been stripped out & replaced out of their former "merchantile" tier one classification and reduced to a tier two function, hence a much lower position in the "commercial credit system" which entices economic particpants seeking leverage and/or contract enforcement to use .gov paper "promises to pay" over the uncontrolled unprotected free market physical commodity asset.

THE COMMERCIAL CREDIT SYSTEM

http://freedom-school.com/tax-matters/the-commercial-credit-system.pdf
 

JayDubya

pies klasy robotniczej
Midas Member
Midas Supporter
Joined
Apr 5, 2010
Messages
6,069
Likes
9,161
#20
This thread is another great example of why I enjoy (and value) this website. There's almost always something going on to provoke thought.

Sure, anyone can read a news website, even those sites that proclaim to not be mainstream, and get some form/fashion of information, or at the very least entertainment. But reading this website, many times, leads me to think and I'll take that over entertainment or so-called information any day.

Thanks go out to so many of you, but especially to you Scorpio, for providing this arena in the first place.
 

JayDubya

pies klasy robotniczej
Midas Member
Midas Supporter
Joined
Apr 5, 2010
Messages
6,069
Likes
9,161
#21
Nope... in the centralized alliance system UST's & notes, etc. are "tier one" assets which serve as collateral @ 100% of face value, while gold & silver serve as "tier two" assets.... they can and do serve as collateral but @ a huge discount of 50% of spot value...
BarnacleBob, are you sure? I thought approximately 3 years ago, under the Basel III rules that gold was designated a tier one asset.
 

JayDubya

pies klasy robotniczej
Midas Member
Midas Supporter
Joined
Apr 5, 2010
Messages
6,069
Likes
9,161
#22
From what I can find, apparently that development never materialized.

I know that it was a heavily discussed and I thought, for sure, it actually happened. But I'm not finding anything. I stand corrected
 

solarion

Midas Member
Midas Member
Sr Site Supporter
Joined
Nov 25, 2013
Messages
6,915
Likes
10,880
#23
BarnacleBob, are you sure? I thought approximately 3 years ago, under the Basel III rules that gold was designated a tier one asset.
I believe that's correct. Basel III removed tier 3 classification and gold was left essentially unchanged. I've seen it floated that gold should have a 15% haircut when considered as collateral. I've also seen it floated that gold should be considered a "riskless"(read stealth tier 1) asset under Basel II and Basel III did not change this.

Frankly I think the banksters love the stuff as collateral and just like to confuse and distort perception so the little people don't go thinking they're too good for funny munny. I believe the FDIC released a positive statement fairly recently with regard to gold as collateral. Shouldn't be hard to hunt down a link.

Edit:

https://www.fdic.gov/news/news/financial/2012/fil12027.html

Is the IMF still the third largest official holder of the barbaric relic?
 
Last edited:

BarnacleBob

Moderator, Equal opportunity annoyer!
Founding Member
Site Mgr
Site Supporter
GIM Hall Of Fame
Joined
Oct 15, 2012
Messages
16,476
Likes
32,772
Location
Ten-Oh-Cee
#24
One tonne of gold measures 14.6" x 14.6""x14.6"....

"1 ton of Gold is worth $64.3 Million dollars at$2000/oz."

One million dollars in "new uncirculated" $100 bills is 10,000 bills. A bill is 0.010922 cm in thickness. That would be 109.2 cm. That would be a stack of bills just over 3 1/2 feet high.

Gold v Fiat Currency:

Gold is a much more portable form of wealth storage v paper currency... and gold isnt regulated nor does it possess the juristic & contractural qualities of sovereign subject matter jurisdiction and regulatory overreach....

Its easier to smuggle one tonne of gold @ $64 mm than $64 million of currency..... the shadow economy prefers gold!

 

solarion

Midas Member
Midas Member
Sr Site Supporter
Joined
Nov 25, 2013
Messages
6,915
Likes
10,880
#25
One million dollars in "new uncirculated" $100 bills is 10,000 bills. A bill is 0.010922 cm in thickness. That would be 109.2 cm. That would be a stack of bills just over 3 1/2 feet high.
They could cut that stack of tp down to just a smidge over 4" with a new $1k bill with barry O's mug on it. ...yeah that won't happen.
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#26
I think the banksters love the stuff as collateral
agreed, except that with it not being officially recognized, this allows players to work pricing and quantities to their advantage

then the value becomes somewhat subjective rather than a function of math
 

madhu

Silver Member
Silver Miner
Joined
Apr 2, 2010
Messages
1,180
Likes
974
#27
The ESF, the FED people we get to see, the BIC, MIC and all the other 3-letter organizations are a rung or two down from the controllers of the world, TPTB. Those 3-letter organization operate in their own ways but do so with an agenda preordained. In addition, they are only a "phone call away" from being ordered to stand down, move in a different direction or pursue a specific task. Those orders don't come with a discussion.

The owners of the CBs (he who controls the money....), whom own about 90% of everything in this world (the assets and the systems in use, financial, military or otherwise), are best pictured as players in a high stakes poker room. There will be several very big games going on at once. At the smaller tables is where Venezuela and other smaller CBs play; these smaller players can be called over to join in at a bigger table though and usually that doesn't work out well for them.

The chips are many different shapes and colors and include fiat monies, bonds and other financial instruments, real money like gold, industries, commerce systems, military assets and the list goes on... The goal isn't usually to defeat the other players but to absorb more wealth from outside the game (you and me) and gain more control over their own chips. Often the players at a table, or while taking a break and having a drink at the bar, will work together and the results may end up with many or all the players gaining more wealth (chips) and more control over those chips; games don't always end up with a lot of chips moving from one player to another.

Politicians have you believe that the nations are in contention with each other but this is not usually true. Behind the scenes TPTB both fight among themselves at times and work together toward a commonly agreed on goal at times while they play out their high stakes poker games. A one-world currency is not a requirement for TPTB and you are correct, in many respects we already have a single currency by way of the global acceptance of linked together fiat monies. Fiat is simply an illusion, only worth anything in that it is accepted as money and agreed upon to have a certain level of value for exchange. Any fiat currency traded in the forex market is already tied in to the others, there is no difference in these mediums of exchange other than their changing valuations against each other. The currencies of today are the methods of control and the means of theft.
Theft of the labor of the serfs by deception. The only thing one gets in return is the ability to live on the plantation. I cannot even convince my educated friends and family about this con. FM, do you have cross references for ur post.
 
Joined
Apr 30, 2016
Messages
107
Likes
131
#28
I cannot even convince my educated friends and family about this con
I am convinced that society at large is suffering from a form of Stockholm Syndrome.
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,346
Likes
3,123
#29
...ability to live on the plantation... FM, do you have cross references for ur post.
If you can translate between the lines and understand not so hidden speak - there's been many significant POTUS speeches. Even today, when everything is scripted for the POTUS, they will allow select pieces of info out. For to the point truth splattered with sound bite reduction and millions of DYODD links there were the final years of GIM1. Don't waste your time looking for it now.

Of course there's the entire collection of alternative media promotions of themselves, if you can extract the gems of truth from amongst their eternal diatribe. And even the MSM will tell you on occasion, always in a stop just before the main point way or "chalk it up to crazy" atmosphere though.

I've been paying close attention since the death of JFK, as much as I could between jobs, family, travels, school and the list..., figured I'd never need to get an exact list of the "perfect" trail of connected dots because by the time I figured it out, a lot of other people did as well, and you could simply do an "advanced" search routine and exclude any source that didn't come from GIM1. After the crashes, most of the members who were paying attention about the "smart con" then simply dispersed and took your excellent advice or are hiding out in Alaska. Cheers!
 
Last edited:

foolsgold

Platinum Bling
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
4,587
Likes
5,752
#30
This thread is another great example of why I enjoy (and value) this website. There's almost always something going on to provoke thought.

Sure, anyone can read a news website, even those sites that proclaim to not be mainstream, and get some form/fashion of information, or at the very least entertainment. But reading this website, many times, leads me to think and I'll take that over entertainment or so-called information any day.

Thanks go out to so many of you, but especially to you Scorpio, for providing this arena in the first place.
I agree totally.
 

foolsgold

Platinum Bling
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
4,587
Likes
5,752
#31
They are gonna need a new moniker, North Atlantic Treaty Organization, is so regional.
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#32
yep Fools, when BB first proposed to me that they were the enforcer, I was having trouble getting my brain around it,

one reason was the exclusivity as you state vs the dollar index players vs the 'trade weighted dollar index' players.

the players at the NATO level do not align with the dollar index insiders,

But again, with NATO being founded in 1949, the timing is about perfect as it rapidly followed the creation of the prior steps,

There were 12 founding members of NATO, then others have been added:

Member countries
  • Last updated: 10 Mar. 2016 12:49

At present, NATO has 28 members. In 1949, there were 12 founding members of the Alliance: Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom and the United States. The other member countries are: Greece and Turkey (1952), Germany (1955), Spain (1982), the Czech Republic, Hungary and Poland (1999), Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia, Slovenia (2004), and Albania and Croatia (2009).

http://www.nato.int/cps/en/natolive/topics_52044.htm

BREAKING DOWN 'U.S. Dollar Index - USDX'
Currently, this index is calculated by factoring in the exchange rates of six major world currencies: the euro, Japanese yen, Canadian dollar, British pound, Swedish krona and Swiss franc. This index started in 1973 with a base of 100 and is relative to this base. This means that a value of 120 would suggest that the U.S. dollar experienced a 20% increase in value over the time period.

http://www.investopedia.com/terms/u/usdx.asp

USDX started in March 1973, soon after the dismantling of the Bretton Woods system. At its start, the value of the US Dollar Index was 100.000. It has since traded as high as 164.7200 in February 1985, and as low as 70.698 on March 16, 2008.

You can see that clearly they don't jive,
Yet, if you look at the trade weighted dollar index, then things change dramatically:



Included currencies
In the standard US dollar index, a significant weight is given to the euro. To more accurately reflect the strength of the dollar relative to other world currencies, the Federal Reserve created the trade-weighted US dollar index,[3] which includes a bigger collection of currencies than the US dollar index. The regions included are:

  • Europe (euro countries)
  • Canada
  • Japan
  • Mexico
  • China
  • United Kingdom
  • Taiwan
  • Korea
  • Singapore
  • Hong Kong
  • Malaysia
  • Brazil
  • Switzerland
  • Thailand
  • Philippines
  • Australia
  • Indonesia
  • India
  • Israel
  • Saudi Arabia
  • Russia
  • Sweden
  • Argentina
  • Venezuela
  • Chile
  • Colombia
The trade weighted dollar index was created in 1998 with the introduction of the zero in europe.
https://en.wikipedia.org/wiki/Trade-weighted_US_dollar_index


Which still means that if NATO is the enforcer, then there are other items at play in addition to the dollar index. That the dollar index and its composition, is but a role player in the big scheme of things, lending further credence to our argument.
 
Last edited:

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#33
then too, we need to remember that china and russia have been left without chairs to the table,

note how Saudi is included while Iraq, Iran, etc are not. Even little 'ole Venezuela is included because of their oil and proximity, but there are some very key players missing from the shindig.

this also speaks to those left out players wanting in, which is further demonstrated by the fact that china is working towards a floating currency, etc.

now I realize there will still be some out there who actually believe china is going to rule the world. Alas though, they miss the whole point completely, and lack true understanding.

For a long time now, I have stated re china that we have seen this story before, that we have watched the ending, and yet crickets. China cannot 'dump treasuries' without causing great harm to their internal system. We showed you the debt growth in china. They are loaded down, and their independence has long since been squandered.

'But China has been stockpiling Gold!' they say. Yet one can also realize that those reports are not substantive, and there is no proof of same. Sure there are many rag writers claiming it to be true, but not a single one of them can demonstrate a paper trail to follow the gold. The paper trail stops in Europe. I have long stated that there is no way in heck the ptb was going to just let gold flow to asia. No way. Paper gold, claims to gold, sure. But true physical gold, nawwww. Sure some has made it over there, and I have no problem admitting that. I just fail to believe that it is in the massive quantities as proposed by those without a clue. Truth be told, I tire of the nonsense and misinformation that is dispersed.

The same applies to all those newrag writers claiming 'dollar collapse' stay tuned!! Nothing could be further from the truth. Look at what was posted above re the other countries. Then look at who holds what. The dollar cannot collapse without a worldwide economic calamity. There is no such thing as a dollar collapse. That is pure fantasy writing to suck in paying members and click views.

The dollar index was created shortly after the removal of gold backing the US dollar. It was at this point that a 'Dollar' no longer existed. But Scorp, I have dollars in my pocket! You sure do, but that is only for lower level accounting purposes. With the creation of the 'dollar index', came the creation of the one world currency. That was your genesis IMO. This then became the primary measuring stick for all currencies. That is also why it was select players with varying weighted levels to arrive at a value for the 'dollar index'.

More importantly with this, is the who is left out vs who is included, which then puts you on the trail of the world currency players.

-----------------------------

It is a weighted geometric mean of the dollar's value relative to other select currencies:

USDX goes up when the US dollar gains "strength" (value) when compared to other currencies.[3]

https://en.wikipedia.org/wiki/U.S._Dollar_Index
 
Joined
Apr 30, 2016
Messages
107
Likes
131
#34
I read an opinion piece recently (honestly don't remember where), that answers the OP in a much different way.

China is in or is entering a recession (but they will never admit it), the Keynesian response to a recession is to weaken the currency. China therefore needs to weaken their currency (based on the faulty global economic theory du jour). China does not yet have a true floating exchange rate - it trades in a band that is pegged to the USD (this is a recent change - it used to be a strict peg). It is politically difficult for China to lower it's trading band, as it will upset their trading partners including the US.

Solution: The Fed weakens the US dollar. All currencies that are pegged to the USD - including the Yuan - are weakened along with it... China weakens its currency against all of its trading partners except the United States. China avoids being labeled a currency manipulator with their other partners.
 

FunnyMoney

Silver Member
Silver Miner
Joined
Apr 1, 2010
Messages
3,346
Likes
3,123
#35
upon request
 
Last edited:

BarnacleBob

Moderator, Equal opportunity annoyer!
Founding Member
Site Mgr
Site Supporter
GIM Hall Of Fame
Joined
Oct 15, 2012
Messages
16,476
Likes
32,772
Location
Ten-Oh-Cee
#36
Is the IMF still the third largest official holder of the barbaric relic?
It is my understanding that IMF held gold is hypothecated paper gold by various sovereign IMF members... IOW the volume of gold is getting double counted AGAIN.... The members account for their gold on balance and the IMF counts the pledges as gold on their balance sheet... the volume of gold is counted double.

North Atlantic Treaty Organization (NATO),1949

https://history.state.gov/milestones/1945-1952/nato
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#37
Working on a thought here, and maybe someone else can shed light on it,

But the current shake out looks like there are 3 dollars at work.

First you have the big boy, the US Dollar Index, comprised of a very small group of players, going back to the old days. This is the one where the financial engineering occurs, and where world markets are set. You can even argue that this one exists as a possible one world currency.

Secondly, you have the 'Trade Weighted Dollar Index', and this one is a bit different. More players involved, etc. This one is used to set values on trades across the world, or economic activity with exports and imports of each particular country. This is the one that greases the skids on commerce worldwide.

Lastly, you have the dollar in your wallet. Very limited in scope, and more of a US based currency. Yes, dollars of this type exist around the world, but are rapidly converted to useable local currencies. These are just used as prior stated, or as lower level accounting. In the big picture, the US dollar as we know it, doesn't really amount to a hill of beans any longer.
 

BarnacleBob

Moderator, Equal opportunity annoyer!
Founding Member
Site Mgr
Site Supporter
GIM Hall Of Fame
Joined
Oct 15, 2012
Messages
16,476
Likes
32,772
Location
Ten-Oh-Cee
#38
Basically, physical USD is a defacto substitute for gold relative to credit....


How Currency Gets into Circulation


"As of July 2013, currency in circulation—that is, U.S. coins and paper currency in the hands of the public—totaled about $1.2 trillion dollars. The amount of cash in circulation has risen rapidly in recent decades and much of the increase has been caused by demand from abroad.

https://www.newyorkfed.org/aboutthefed/fedpoint/fed01.html

$100 Bills Make Up 80% of All U.S. Currency—but Why?

http://www.theatlantic.com/business...make-up-80-of-all-us-currency-but-why/265518/
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
32,802
Likes
47,884
#39
physical USD is a defacto substitute for gold relative to credit....
I would have to give that one some thought,
Appreciate where it is coming from,

But inflation itself, or devaluation of the currency makes up for the amount large amount of paper in circulation is my guess.
Wheaties were 50ct and now are 4 bucks. That alone is a demand for 8x the currency that was in existence to go purchase a silly 'ole box of wheaties. Without gains in efficiency factored in.

With that example having nothing to do with gold or credit?????

June 1980, currency component M1 was 109Billion, and in Mar 16, it was 1.358T, or is about about 12.5X as large now.

https://research.stlouisfed.org/fred2/series/CURRSL
 
Last edited: