A MarketPlace of Ideas

Just happened in India do you think they will be eliminating the 50 and 100 USD bills in the US if so what are the signs to look for prior to that occurrence what was India and now Turkey or what was India about and now Turkey telling its citizens to buy gold or its national currency well the hints for removing the big dollar denominations by the way I have had in my hot little hands two different 1000 dollar bills hmm that was back when I was doing how shall I say some contraband activity and commerce after college before graduate school I put it all away I went to graduate school and started working real real hard and as for the big denomination bills the fifty and a hundred I'm always surprised if I do it withdrawal from a bank and I say look I need a thousand dollars to pull out and they sometimes say to me grande espagueti large bills and I say yeah si si por favor or sometimes I say no no but shift at the event this again 20 USD bill is fun but they sometimes say to me are how about 50s cincuenta Singh Quintus and I said yeah yeah fine so they end up giving me say 800 USD and hundreds and for 50 USD bills that's 1,000 USD withdrawal okay there aren't many 50s out there and it's it's grant Ulysses Grant on the 50s for the Benjamins is it true is it I'm sorry is it true that his middle name is ass the letter s ulysses s grant and that he doesn't actually have a full middle name I don't know we'll leave that for the listeners in their Google content I think it's true but I don't know I don't care smelly no ha no I only know I only know one person who had an initial for a middle name it was my buddy brother Bob Friedman and digital days Robert s Friedman was that stand for Bob nothing not even a period after Jim look closely hahaha Geryon means it's an abbreviation oh I get it okay very good point okay here's the hint I you're out of the u.s. you go to a bank you do it withdrawal and they say I don't have any hundreds why don't have any hundreds so we haven't had any hundreds for a while now god there's your hands gotcha okay now there are many parts to that question India okay here's what I'm hearing about India and this is very complex and very difficult to confirm every aspect aspect but Emily in India is suffering from a couple of problems what is a big counterfeit problem if you're going to go to the bother of counterfeiting dollars are you going to focus on ones and fives or are you going to focus on hundreds obviously the hundreds no well the answer to that is a compromised because the most popular counterfeited bill is the twenty that's what Iran counterfeits that's what North Korea counterfeit is a twenty US dollar bill the twenty dollar u.s. bill yes okay because the hundred is more scrutinized and I notice in the bank if I do a deposit and I give them hundreds they spend a few seconds on each bill if I give them twenty s they just kind of count them yeah they might they might rub their thumb over a little you know what it called a raised imprint I wouldn't know I can't remember that isn't there's a name for it yes the watermarks or whatever no not that what a mark the wrists well they look for watermarks on the Costa Rican currency they look they look for the raised engraving that's it Oh gracious engraving the thumb goes over the lower left corner the thumb grazes the corner and looks and feels that seal that's raised okay that's but they don't do it that much on the 20s okay now here's what's going on in India they're counterfeiting a lot of money and it's the big bills so that's why they eliminated the big bills it wasn't a make like difficult there was a cut the legs out from under the counterfeiters gotcha okay that's really important the so I haven't followed this this this Indian situation much I know that it you know they eliminated larger bills it appeared as though there was a run on the banks or a run on cash yet people lined up so I assume they were lining up with their 50s and their hundreds hoping to exchange them before they were going to be deemed what contraband I mean how does that work didn't do well your hundreds still I mean it's still money is it not or is it I guess it's not if it's not received if you can't take it to a bank I mean if it's purely a black-market bill well it just depends on the rules we don't make the rules the second part to this Indian deal if the Pakistanis are moving in a lot of weapons for terrorist type events blowing up things marketplaces temples you name it and there's a mix of the two issues Pakistanis are involved in some of the counterfeit to buy some of the weapons that is not exclusive factors or other things involved or sure but anybody both of in hopes of stopping the the terror or impeding it I guess yes so the the Indians are not going to give you full win that our motives are to stop some of the counterfeit done by a lot of Pakistanis involved in terrorism know no state talks like that no state wants to discuss in an open forum the the counterfeiting issues they just don't do that well it erodes erode faith in their their Fiat system you know it's a video that's so that's what is that the the cardinal rule to a Fiat system is you got to have that that implied trust yeah well you know we don't know much in the United States about the Pakistani versus Indian conflicts we heard a lot about it 20 years ago thirty years ago but not in recent years it has not gone away they don't share the same religion its Moslem versus Hindu we don't we don't get into stuff like that we don't we'll worry about that so you know I don't have all the answers but I do I do believe there's another gold angle to India [Music] this is hypothesis this is conjecture this is floating up something that needs to be analyzed more fully but if you're going to be a good analyst you need to you need to put something on the table you're not sure of some time and look at it closely and look at some of the consequences and ramifications India might be a test case for seizing gold they're already seizing it in some temples the smaller ones I think I reason it's the ones without a lot of power a lot without a lot of poll without a lot of influence so they're you know they're trying it out there between 15,000 and 20,000 tons of gold in India in private stashes for homes now if this jewelry and bullion combined or just bullion I think it's combined but there might be it might just be a little to ounce five ounce bars a half kilogram bar you know a little bar without dealing bars in the West yeah the East does well and in the in the governmental control and regulation of gold we see countries go to jewelry and India is a huge example of that I mean they and if you know you can wear your wealth you take it with you nobody steals it when you're at home that's you know sort of the age-old process there but I mean jewel India obviously gold jewelry is is a huge I mean you see some of these weddings and good Lord the bride has you know quarter-million dollars of gold on her on her body well there's some time to walk around with three four or five kilograms or go on their bodies at the wedding yeah okay but the big deal though right now is that India is trying and not having a lot of success to monetize their household gold because they're having problems with their currency what better way to to reinforce a currency than with actual physical assets such as gold so they're offering they're offering people you're bringing your goal like I bring in a kilogram of gold and take a big big certificate of deposit that earn some interest because right now Raj your bar is not earning any interest you're not getting any income to bring it into the banking system and earn some income of it I think India is a test case and the voice has said emphatically in the last month India is committing suicide Modi will be gone before long the backfire is coming the response is on its way that's pretty sharp yeah I think the experiment is going to fail okay if they wanted to do gold confiscation in the United States why not try it in India first why not make sense let's see how it goes the very big population I once put a 1.3 billion people and they've got fifteen to twenty thousand tons of gold the trial run and this in India has long been used in these you know in these trial runs I want to take things a little different angle if you're okay with it and I'd like to bring we've got two questions that fall into our wearing neck did they go our friend byxis Road to route a theory one from VIX himself and another from Bruce in Florida so go for it go for it let's start with dicks do you believe that Alan Greenspan secretly wanted to return to a gold standard and was intentionally trying to destroy the Fiat monetary system by keeping interest rates too low for too long and by removing any regulations on derivatives so bad wouldn't give good I wouldn't get brain spam any credit at all I think the guy had an entire banking career that went counter to his entire belief structure in graduate school and I like to point out he never earned a doctorate in economics he got an honorary Doctor so I earned my doctorate Greenspan did not he was given it at a dinner okay a feel-good dinner okay Greenspan I believe had a bigger motive let's make sure that all my buddies and all of my handlers and bosses can print themselves billion-dollar wealth some of it might trickle down to me in the form of speaker fees and book income from publishers I don't give Greenspan any credit at all he had a desperate plea in 2001 that people in the United States borrow against their home equity and go out and continue this economy because he was deathly scared that the recession that was due in the year 2000 and 2001 following the tech telecom bust he was deathly afraid that the recession would cause a US government debt default and picking system collapse because he he helped to create the derivatives the derivatives were created in the early 1990s and I believe that was part of Greenspan's watch yes it was and here's here's roughly what happened this is a strange sequence and a unique perspective that you don't read about very much in in 1984 we started X learning our industrial base the first one was Intel we got all Cummins of manufacturing going to pick rep okay my impression at the time and I was working at digital looking out the window with a couple friends of mine saying this doesn't look good the u.s. is going to give up its ship manufacturing the Pacific Rim of Asia this is not good this is legitimate income and I was told and I read in Barron's and I read in Wall Street Journal cuz we read it every day I read portions of Wall Street Journal almost every day you know maybe just a few paragraphs but sometimes an entire page depending on the workload but what we were told was oh don't worry the United States will retain intellectual property ownership the patents and the US will retain all the distribution rights and I said yeah but distributing something that we don't make can never be really really prosperous and and we were told oh it's a low-cost solution we're going to lower the cost and and the American consumers will have more money in their pockets and that's when I got introduced to putting cash in people's pockets for consumption and I said but isn't it better to start a business than to go out and buy a boat that's when I began getting smart knowledge the late 80s okay something happened about three or four days later it would Black Monday of 87 we don't think of Black Monday as being a consequence of offshoring outsourcing our industry to Asia it's directly related okay then something happened we decided to create the irrational exuberance again it was Greenspan making money easy and he got criticized wait a minute it didn't take long for the Dow to go from 3,000 to 4,000 and then even less time to go from 4 to 5,000 what's going on is this good they said well I just look at it as a you know basically irrational exuberance ok so he was he loved to use the up to skating verbage to conceal the fact that he was guilty and I never bought his arguments ever when irrational exuberance came in I thought they're just pumping up the stock market with easy money and it's finding its way to the markets they're making it available all over the place look at all these 0% loans you see with with you know at the street level for the people and I took advantage of a few of them okay so what followed that tech telecom bust mm what followed that the subprime mortgage bust that would follow that QE and 0% bubble after bubble after bubble we're on a sequence of bubbles and they all began with greenspan mm-hmm now you got to look at the origin and people say what's in it the problem is not Black Monday and exporting industry and 84 you got to look earlier than that I say well of course you can look back to 71 when we got off the gold standard and I think yeah yeah you can look even earlier go to 60 63 when they killed Kennedy yeah okay we'll find you can always oh yeah you can always go back to 1913 when they created the Fed all right well fine you can always trace back you can go back to the birth dates and locations of the Fed owners I don't care to do that exercise I look at the sequence of bubbles yeah and how we've never really endured a recession that we've admitted since the Clinton administration right everything has been papered over and now it's it's I mean look at this look at the metrics now and the mother of bubbles of all bubbles well those that believe in a VIX that believe this is that Alan Greenspan did this by design you know being a Gold Bug formerly under Reagan and that that that he saw where this was going and with the birth of financial computing intentionally did this by design so that the bankers would give themselves more than enough rope to hang themselves and then we would go back to a gold standard which ties into the second question in Bruce from Florida does the USA have tons of gold in above-ground storage to back a new gold based dollar does the USA indeed have deep stored gold in ground in chocolate Mountain California do huge in ground gold exist in the Grand Canyon Arizona first reported in the New York Times in 1912 and then never again what are your thoughts there on massive hidden secret gold reserves within the US to transition to a gold back note after this chaos is over bullshit one worry really things you really think the US elite after stealing the gold are going to make it available to prevent a crisis that they want to cause so your so your yeah your answer is if we're going there I wouldn't they have sold stolen it already now they already stole they're not going to make it available they stole it if you steal something are you going to make it available to your host know you used it why'd you steal it because you needed it you wanted it you can give it back no one gives it back from the elite no one ever gives it back the only thing I can conceive of is the Bush family and the Rockefellers are going to come forward and say we can help finance the gold for a gold back dollar but we want the following three things we want to be able to control the important cabinet positions we want to assure that there will always be a war and we want you never to prosecute anybody in our organization and as possible but are there giant hoards just lying around waiting to help and save the nation no these people are trying to destroy the nation they want the chaos where the Empire of chaos and the length folks are the orchestrators of destabilization do you think they're going to bring in the goal to stop the destabilization you got to think this through that's not what they're about they're about chaos murder power control destabilization and they love killing people I think they want martial law so they can kill a lot of people on the streets and try out some nifty new weapons one of the motors for the Vietnam War was to try out a lot of nifty new weapons like Agent Orange I'll never forget the story of General Elmo Zumwalt whose son died of cancer from Agent Orange because he was exposed to it as a grunt troop grunt soldier this is this is a nasty business don't ever assume the elite have good intentions well I think the assumption is certainly not bad I think that in this in this argument is that these gold hoards would be would exist and be controlled by you know the forces of good that that are there that may be trying to take this cabal down but again to your point if the if those gold hoards were there the Cabal who is I mean quite obviously in control of just about everything they're still spraying out of airplanes and poisoning us all they probably would have would have taken the gold they're certainly not going to put up their own stolen gold and I don't think the arguers of this theory are suggesting that I think it's something you know even deeper but let me give you a little side story about Bush gold okay a bush is a big thief of gold I believe the bushes owned the the Libyan gold is 144 tons that's never never in the news Qaddafi was not a bad guy right he just got in our way if you look at the history of Arabs history of Arab leaders and look at their accomplishments like for building water systems building schools increasing educational level at promoting small business Qaddafi is probably the top of the list yeah that's what I've heard but then again if you look to see who's most vilified its Qaddafi because he wanted to Institute the gold dinar okay there's a lot okay but here's the little I'd story about the bush gold but the voice told me this story back in 2014 I remember the date this is kind of funny I mentioned from time to time I remember what window I was looking out from my office when having the conversation with the voice I was in a certain building and I was at that floor that building 2014 so that's how I date some things it's kind of fun it's curious how that how memories work oh I was living with Delores next door when I was six okay you remember things that way points of reference he told me 2014 at them that there are seven major global gold vaults major major gold vault and and the Bush's use a couple and he said Jim we're having all remember back then 2014 the big issue was rehypothecation mm-hmm the gold the Germans were asking for their gold back that the Dutch and the Austrians are looking for theirs too why aren't they getting their goal where's the gold where's the goal what happened when a German parliamentary group went to the New York Fed they were told to eff off get out of here now we can't go see York all those MF Global time to other than another another gold gold heist yeah but in 2014 the voice told me Jim we got I got an interesting rehypothecation story to tell you apparently the bushes with their stolen gold and believe me when I say they've got the lion's share of Fort Knox stolen now you could say stolen you could say to zero percent gold carry trade you know the zero percent wise why did Reuben put zero percent on gold leasing so they could lease it and Rob it and use it as their profit and take it you know take their profit from the gold from from the Treasury bond futures trading you know they drove down the interest interest rates from 11 and 12 percent down to 6 and 5 huge huge profits they took their profit Ingold after leasing it 4-0 okay so the bushes had their gold regardless of where it all came from I don't care about the erosion sometime hmm whether it's Libya or Fort Knox doesn't matter to me the bushes owned a tremendous amount of gold and apparently large amount it was rehypothecation from some of these in particular two gold vaults and the gold vaults decided well we need to get some gold available because we've got some Hong Kong and Chinese buyers and we don't have enough so let's read hypothecated whole batch over here and later they determined oh my gosh it's Bush family gold the vaults themselves did this I mean who who really hated the gold and are they deaf and I love the vaults owners or the closet bolts and the markets to charge of the contract and did they rob the bushes unbeknownst to themselves I mean debate unknowingly okay yes they've determined later oh my god we reaiiy complicated Bush gold I hope we don't all get killed Wow but there's more to this elite gold I mean we talk about the elite doing things intentionally because they can then rescue the day and be heroes a lot of this gold has been used it's not just gold but narcotics they've been used and in a very big expense is two things and I know this gonna sound a little woowoo but I don't care what I've usually find is that if you let six or 18 months pass you'll see that I'm on the right track and 18 months ago might have been Satanists now that's in the news but here's what they bought the elite have been very busy in the last several years building underground cities and if you think that Virginia earthquake that occurred in late 2011 was really an earthquake then you're a dumb shit that was a collapse Virginia underground city and your hint was that the tide water tide baseball team had to suspend their game for 30 minutes because they had a constant 50 mile an hour wind in one direction wow that is not a consequence of an earthquake holy cow that's a consequence of of what an explosion or of an implosion of air leaving a cave and hit yes air leaving a cave-in causing a very severe backdraft holy cow there was another underground city detonated and it was north of New York City and just a few months ago and these would be detonated if these were built by the elites and we're hoping that these are good forces blowing these up these are white hat maybe yeah I keep hearing that it's the white dragon' white hats mm-hmm the white dragons are doing a lot of cleanup and the voice had a name for that two years ago he said there's a group that's called the gardener's they're at least 200 strong and they're going to be very busy just cleaning up cleaning up eliminating mid-level rothschild Bush and Rockefeller players man I mean how can I not hear about in the news well yeah I got to reach New York Times oh my god not 3 Rothschild who didn't have the name of Rothschild we're all dead right with car accident sir they jumped out of a window oh where do I find this data though because I want to celebrate it and pop a bottle of freakin champagne every time I mean I like gives me a hard time look you shouldn't wish you no harm on people when I say you know why do we not have some outcome Soros hasn't just been sniped I mean you know in something like that you know but I don't know I wrong but we might get some good news soon when Bill Clinton dies of AIDS mm-hmm here is Harry's in the hospital now as you mention the micro but in his body I think it was earlier well you know when you do so many underage kids and middle aged kids and you rape them when you do so many I mean I think it puts to shame Magic Johnson and his 2,000 figure oh gosh this stuff just its effects on a stomach curl and yeah I saw a picture of him recently Jim and he with Miss whole spirit cooking stuff came out somebody circled a picture of him and the caption was Oh bill before he has his you know his his spirit beverage to uplift him in the morning he looked Duty look demonic I mean he looked like he was on a deathbed and it looks bad he looks really rough yeah well I hear he's got very poor control motor control of all his lower mouth jaw muscles like he drools he's licking his lips I mean I had a neighbor when I the neighbor when I was a teenager and he was always licking his chops and will you say come on look at that mr. MacIntyre he's just he's licking his lips all day long I mean we make fun of him that's Bill Clinton now and I'm hearing he's in the hospital can't confirm anything but I've been told not just by Ben Fulford their greeting been through but I don't have any relationship with them I've been told by at least five different sources I don't want to name them that bill is dying and here's my theory once he goes they're going to shut down the Clinton Foundation and you're going to see Hillary dead and they're going to try to create a flashpoint to shut this down on the exposure to elite powerful people because they don't want the exposure and they can do something about it they can make sure Hillary stops breathing so these are still leaders still bad guys that don't want to be exposed that are close to the Clinton Foundation that are snuffing out the the clintons and we've got even a couple of questions that came up from folks I think Mike Herzog brought it up to this effect but it does not mean if they're going to clean up the evil and we're going to be left with good no they're going to clean up certain elements of evil and we're going to be left with different elements of evil new evil yeah this new younger healthier evil it's not screwing up their their agenda right maybe that can coexist better with modern society and allow it to thrive without being incredible parasites but look look at this way this is a much simpler perspective if the Western elite have forced upon them the gold standard all their work all their lives all their wealth all their power changes I don't say is eliminated I say changes lose the voice is adamant he said you're going to see the wealthy the elite lose well over half their wealth and they're going to have to adapt to the new standard of gold and now Jim let me if I can interject I would assume a lot of these Rothschilds these assholes have plenty of gold but the percentage of it in their current net worth in this fictional digital paradigm is very small in other words their their equity in you know in finance and and all these companies and all these digital blips and debt and all this crap is much much greater than than their gold hoarding even if it were to go up fivefold under a new cabinet but let me just give you some figures and I'm gonna have to call this quits I got something coming up here soon yeah let me just recite some figures Fort Knox was worth about half a trillion dollars yeah that's that's 8,000 tons or more okay so 10,000 tons roughly just his rough figures rough figures it is worth maybe 2,000 I'm sorry two-thirds of a trillion okay okay that's a lot of money the bushes five years ago were worth five trillion just from their narcotics I mean you know people just don't do this kind of math had 30 years of narcotics since Vietnam 40 in fact they've had over ten years of just Afghanistan where the US government covers their costs and they sell 800 billion to 1.2 trillion dollars worth of heroin in the distributed distributed networks of heroin across the world through the NATO base much of which right back to our streets here in the US and I personally and how many of us especially in the last decade have had this strike close to home I have a cousin who died at the age of 24 25 from this from this crap a year ago two years ago you know I have a cousin who had a near suicide event over heroin methadone mm-hmm not because I'm sorry next nice nice I don't want to get it details but nice so when I hear over and over again putting from some clients is a the street cost of heroin nowadays is 10 times less then in the late nights and the availability can you imagine I mean I you know when I was 15 16 17 year old punk kid just trying to trying to get you know I can't imagine if that crap was around I mean she unbelievable yeah well okay we can thank the bushes for this and they might try they might try to retain power by providing gold but I think it's largely spent and when they talk about deep storage gold now I'm hearing over and over again pardon me that the Grand Canyon is part of the deep storage gold and every once in a while they'll extend the Grand Canyon borders so it's under Park Service control right has have been another discovery very near the canyon so they extend the borders for what cannot be mine and what is retained as deep storage gold and this is all on on mind you know vein right gold either not bar I stored in an underground vault right I think China is eventually going to go into production on the per three interesting yeah very interesting hmm Wow well buddy I know you got something upcoming it's been fantastic as always our friends our listeners thank you for the question these were fantastic it actually caused Jim and I to not have to do as much preliminary with preliminary work we just winged it today so hope you guys enjoyed it Jim man it's always a pleasure if you got anything else to add of course you will have links to your website golden jackass comm and you guys did you're not familiar with Jim's work it's prescient it's fantastic I mean his his forecasts going back how many years now Jim a decade and a half well 12 and a half years 12 and a half years in his forecast anyway what are you at now 19 for 22 or something he's I a lot now it's a lot more than that it's more like about 30 quick forecast in a couple wrong ones but as the voice likes to say it's not a wrong forecast just haven't happened yet taking time exactly yep it's just young well like like the coming of the Nordic gold back euro the Germans Dutch and Austrians with maybe a Scandinavian country in there like who knows coming out with a new euro to cut off the south okay so far it looks like a wrong forecast I think it's coming slowly into view the Germans are not going to let Italy take down the southern European nations cause a sovereign debt default and and just Germany just says well okay well bad things happen now they're going to cut them off create a new currency and do the best they can to isolate them and create a firewall and all the Nordics will fall this game maybe they'll all follow yeah and Italy will come up with a new lyric currency that's not gold backed and five years from now losing 90 percent of its value Germany doesn't want to be anywhere near that and the irony is that if Italy does that their cars are going to compete very well versus the German cars that's the nature of a devaluation for a currency if suddenly the the Italian Fiat what other car they I don't care about Lamborghinis and Maseratis they've got the Fiat they've got they get a couple little cars in addition to the Fiat okay they're going to be cheaper so people are going to consider the best Fiat car for a purchase no pun intended on the name there either well III don't know the meaning in Italian of Fiats a little different I don't know the origin it could be an acronym FIA t I don't know I don't know we can leave that to our Google friends oh let's someone email it to me yeah that's always rich I get a lot of very nice generous thoughts and shared information from email from my contact us and I I'm always grateful to people for that because yeah it's helpful it's evident I mean this is the first time we've opened up the interview for for quest for questions you know we sent out an email last week and I've gotten I don't know 50 plus I mean but but a Jimmy I have four pages of them here in front of us and and they're all really good so yeah I mean it's everybody out there in their own walk of life in their own industry and their own profession sees stuff and sharing that you know your your switchboard has been proof of that you know you being able to put together all those little little stories here and there that that that tell the bigger picture on whatever it is we're trying to we're trying to talk about but then it's always I'm always grateful for other information where the nicest compliments pardon me when the nicest compliments I ever got in my professional life which which spanned 23 years only in industry was Jim we really appreciate when you don't know something you let us know rather than fake it we don't get into a bigger problem because of an error moving in the direction of a fake you always get back to us you always seem to come up with the answer even if it means going to a higher power oh my gosh own time I I appeal to an ex digital colleague of mine when I was at Staples and he gave me the crate off iteration toward how do I make forecasts at the product level that match up perfectly with the forecasts at the store level breaking it down deeper level a forecast that matched everything on a higher level that was a crate off Federation I didn't know how to do it I said look Alan I I don't know I'm give me give me a few days to research this give me you make some time before I love the compliment that I was an honest broker of statistical analysis yeah that's a good that's a great nomenclature for you I tried to do the same thing with with this gold and currency world and banking and economies if I don't know something I'll say I don't know I'm going to look into it more and one of the things that I'm really grateful for regarding my team I didn't know much about bank derivatives and I I did a little trade with Rob Kirby I helped him with one particular thing and he helped me to understand bank derivatives so now I know a little bit more about Bank Yoda's I went back to him last December saying please help me to understand the reverse repo it I actually had it backwards when he helped me understand the reverse tree I had repo I was calling repo reverse repo no repo is repurchase they were doing reverse repurchase energy synergy my good man synergy well teamwork yes energy teamwork yes and you know I'm a big proponent of gray's the psychologist Grey's emotional IQ that whole theory that you're not as successful as your intelligence you're a successful as the group that you can draw intelligence from and use so I built and if this is my credit I built a team of about nine guys it's the Jackass staff of colleagues they're smart as hell every one of them's got a niche we're an eclectic bunch for most of the American but they're a couple Europeans and another welter for you two or three Europeans but I try to build a team and time to say I don't know I don't know I'm gonna throw something out I need to understand this better I don't say hey look I should know this let me fake it no let me throw this out let's see what see what you guys can improve upon I'll give you credit and Yura Rogers the funniest one he said Jim take it as your own I said why and he said I don't want all the attention you take a how long you don't want the flak in case is a problem for being right in a very dangerous area and he said yeah kind of like that but I don't I don't mind the danger I know what areas to stay away from for the danger they're mostly details for say Isis and narcotics through the banking and the secondary channels those are the most dangerous areas that's what gets you killed and it appears lately that the inner channels of the Clinton Foundation that would get you killed so I don't know anything about them I don't want to know anything about them and whenever any like anything like that is offered to me I'm not interested thanks yeah yeah my life I'd like to end with this statement from this was an article that Brandon Smith I'll put it up wrote on all markets and it's fantastic he ends it with this recognize and take solace that though we live in dark times and evil men roam free we are also here we are the proper response to evil and we have been placed here at this time for a reason call it fate call it destiny call it coincidence call it God call it whatever you want but the answer to evil is us and with that he's of course referring to the alternative media and and I would I mean you know he's that statement speaks very true to you Jim and what you do and not to not to you know blow your whistle anymore to your horn but man we really do appreciate you and and all the work that you and your team does and all this information that you guys put out there so and I am I am grateful and thankful that I can be a microphone you know to help you get the message out to to our friends as well so god bless your brother keep it up well I do a lot of work well I admit that but I'd give a lot of credit to a few different groups my colleagues for chewing things properly in the analysis coming up with the right conclusions it's very difficult to fool 9 smart guys and just keep that in mind that's very hard to do know one or two of us might get fooled and we're brought in line by someone like the voice so you're a–you're arise is a very brilliant guy London Paul is a very brilliant guy Rob Kerby very brilliant guy the rest of us we're at a lower level we admit it we're not we're not highest on intellectual types with huge connections and experience like 20 years out there some of us have experience but but you know and ground levels where we can see crime my god I come George of the jungle George of the comics he he saw a lot in in Chicago with both metals physical logistics and paper logistic like bonds currencies futures like that but though there's another group that I'm very grateful to and it's the newshounds that there's seven of them in particular I got them on the wall and I sometimes you're back with them something that come from my group of colleagues I share with that second level group but then there's a third group that's very large it's somewhere between 30 and 50 people who send me things Jim you might find this interesting and often it's a story and what do you make of this part of the story I'm curious what you might have for a quick thought and then it ends up in the rapport with a lot more thought and then they read about something that they introduced to my desk oh I have a little joke they say what sort of research tools do you use and I say I open my inbox I'm doing right oh isn't it amazing I mean that that piece of technology right there I open my inbox well and and it's more than that it's organization into folders because I might finish report and have ten days where I'm not working quite as hard or I'm doing an interview and I'm really not analyzing what's going on in India but I put it into my certain special folder and I look at it later I just look at that folder later and I've got a hundred messages over a seven-day period and that's research for the next report it's what's going on I organize things I file things of course I got another file it's personal another file that's you know billing problems and interaction with clients and little arguments and weird stuff many routine things but occasionally weird we're done but though we got our emails and we got our organization of emails and it could be very valuable when it comes time to writing the report that's what I do I try to make things as efficient as possible give credit where it's due and in Euro Rogers case she says that take a credit for yourself how often are the reports coming out now this is the hat-trick letter well this uh there pair of reports every month and sometimes we're occasion if there's not a lot happening it's a single report but how often is there not a lot happening last time I sat down with one of your full reports it was I don't know fifty pages and I had to go you know sit outside in the shed and close myself off with a cup of coffee away from the kids and you know it's been half a day it's it's kind unbelievable amount of work that goes into one of these yeah it's very very deep so on these interviews and on your other you know public articles that you write you're scratching the surface really correct with what you're going into on the on these reports yeah well there's another level of detail beyond what's in our interviews to the content you can't get in too much say for the the Indian story or like the Iran sanctions story or the UBS gold thefts you need a lot of you need a couple pages to draw out a story with a lot of logical connections and tying things together I can tie things together a high level here that's that's not all that hard it's often a lot of fun I and I enjoy the heck out of these interviews has the December report come out yet no no I'm working on it now it's partly done well with it much it might actually it might actually be just one report because post-election we're still locked into the political nonsense yes there's not a great deal of financial economic activity and and you know new things happening there's not I mean we're arguing over whether Trump really should attune the tune that the face is off all those press executives we're learning about all the implications of Trump's family we're learning implications of Trump not going to the press but instead using Twitter should Twitter really be used for national issues and reporting them but yeah if the CNN is full of liars well and should Twitter even be used now that we're talking about censorship I mean we're witnessing active censorship already take place with the pizza gave them in their chain the Google Twitter they're all doing I mean just this call is probably being picked up because I just said that keyword well you're on it so of course it's been picked up since the beginning but I never worried about that I just have to talk about terrorism details and narcotics details you stay away from those two you're probably in good shape that's right but I'm also I'm not I'm not also asking people to you know contact me so you can set up all these hidden accounts around the world no I'm not involved in all that right right I'm involved in the economics finance and banking and and those are clean topics yep except when you you know have to talk about spirit cooking and all these other things that we did as well but that's the world we live in today I'm gonna I'm gonna offer them a little bit of breast milk from my left mammary and they do as they wish from it Oh fantastic I

I will be traveling through Youngstown area Friday 8/11 afternoon and can deliver my IT equipment to you!

Please don't hesitate to call/text me at 419-787-2075

Below is a link to a Google Docs spreadsheet that is constantly being updated (there are tabs at the bottom for different categories of equipment and anything in light gray font is sold):

https://drive.google.com/file/d/0BzoS7J8lHyU2dFJFQjlWTFZZQmM/view?usp=sharing

40+ Server configs
==================
Dell PowerEdge R720, R320, R910, R805, R710, R610, R310, R300, R210, T630, T420, T610, T410, T310, T110
HP DL360 G6/G7/G8, DL380 G6/G7, ML580P G8, x1600 w/ 12TB

Storage Area Network (SAN) devices
==============================
PowerVault MD1200 (10TB), PowerVault MD1220 (3.6TB), HP x1600 Storageworks (12TB), SuperMicro 45-bay 3.5" JBOD DAS

NAS devices
=============
2TB Buffalo Linkstation Duo LS-WXL
4TB Buffalo Linkstation Duo LS-WVL
4TB Netgear ReadyNas 2100 (Qty 2 available)
8TB Netgear ReadyNas 2100 
8TB Western Digital DX4000 
8TB Drobo b800i (Qty 4 available)
64TB Synology DS1815+
64TB QNAP TS-831x w/ dual 10GB SFP+ 

Firewall/Routers
==============
Cisco 2612 / 2610xm / 2620 / 2620xm / 3745 / ASA5510
TippingPoint 110
Sonicwall TZ210 / TZ215 / NSA 240 / NSA 250M

Network switch 
=================
Gigabit or 10/100, Power Over Ethernet (POE), Cisco, Dell, Avaya, HP, Foundry, D-link, Enterasys

KVM (IP & standard)
====================
Dell, APC, HP, IBM; 8-32 port

UPS
========
APC 3000 (tower); APC 2200

Racks
=========
42u Compaq rack w/ 2 shelves; 2 post telecom rack

All servers can be configured to your specs with different RAM or hard drives. Rack rails are also available for most models!

Alright hello everyone this is CJ with rogue money radio I am very excited today to say excited by an understatement but today's guess who really doesn't need any introduction is Jim Willie Jim is a statistical analyst in marketing research and retail forecasting Jim has a PhD in statistics Jim is the editor of the hat trick letter that you can find on ww golden jackass comm so Jim how are you sir I'm doing just fit and fiddling I'm doing fine excellent weird yeah we actually have a break here it's been about 10 days with almost no rain in Costa Rica and now we're in the middle of the rainy season so it's a it's really nice to see the Sun set you know afternoon of Sun and you know get out there and take a walk take the hat off take the shirt off anyway I'm doing fine spirits are good and we got so much happened now and you know if you're looking for a list of key events key factors it's hard to make the list under 15 items 15 this is a climax of structural breakdown climax of international conflict with hidden motives everything is fracturing everything and it's amazing that so many people are asleep and and their reasoning is so simple you know simple minded they say stock markets doing well everything's fun right they don't even know who's buying the stocks exactly exactly well let's jump right into it because I completely agree and one of the recent things that occur Jim was we witnessed that the House and the Senate passed new sanctions against against Russia now we're witnessing some geopolitical pushback from very specific key members of the EU including Germany can you talk about that please yeah these gosh you know we just had a revelation about a week ago that the Democrat National Committee hired a consulting group to produce the false Russian stories and that that's an amazing incident there should be a rest but you know it doesn't that it's not how things work in the fascist state it's about power and clinging to power but this Russian blame game just will not go away and and its roots I don't want to get sidetracked off the answer but the roots are simple the Rothschild family in Europe and England do not want Russia to make tight economic connections with Europe that sustained a financial structure coming into place therefore we have the Ukraine war which was a State Department u.s. government State Department project run by Victoria Nuland it cost five billion dollars and amphetamines played a very important part during the rioting and the coup but the u.s. fascists you know the neo cons and they were kind of neoconservative why why such a nice sweet name neoconservative gee that sounds nice it's neo-nazi it's fascist these are the fascists and it's amazing Americans cannot define fascism my brother doesn't recognize the fascism and he has a Phi Beta Kappa degree in economics and political science I say no John you don't recognize the fascist state well I'm not really okay so the US government decided to take one more step and to impose sanctions on Germany and its companies involved with the Russian Gazprom gas pipeline called Nord Stream 2 that goes under the Baltic Sea and parts of it in the winter are frozen so this is an underwater supply line from Russia to German industry Germany needs this for their industry so the US said any company involved in the construction or the finance of northern stream 2 is going to be subject to sanctions and fines by the US government I have a very simple question since when does Washington have jurisdiction over the German state exactly they don't therefore Germany is now pushing back saying wait a minute first you tell us a couple months ago that we have to pay bigger bills for NATO so we'd rather back down on our obligations for NATO now you're you're overstepping your bounds by saying you're going to find our German companies for being involved with finance construction of Nord Stream 2 we're going to say foul and we're going to start sanctioning your American companies in Germany doing business if they do anything we dislike so now what we've got is is a realization coming to pass a forecast I made about two years ago maybe a little like 18 months ago two years ago I said eventually the key key European member nations will ignore the sanctions against Russia they'll just go ahead and do what they think is the right thing to do for the betterment of their economy and financial system to preserve jobs to keep their economy running and here's where it gets absurd the United States is saying to the Germans take us gas supply it will cost more and it's inadequate and volume but we're friends now that's just a lunatic the Germans are saying no we don't want to pay more and you don't have adequate volume so get out of our face ok now what's the upshot bigger level Germany is realizing the United States and their fascists are trying to run Europe and run Germany into the ground the German companies don't like the trade union that Obama's try to try to promote the transatlantic trade partnership and the result is going to be more formal and developed ties with contracts and agreements and cultural exchange in the whole works between Russia and Germany there's been significant damage to the trade but the German companies have done something clever in the last three years they set up subsidiaries pardon my voice I believe it or not it's been over two months since this flu and bronchitis I'm doing very well now but I've got a little bit of alteration to my throat and I'm hoping that things get back to normal we know with you know with phlegm levels and wrasse penis and need to clear the throat my voice is not hundred-percent my throat's not 100% but my brain is doing just fine the Germans and Russians are going to continue their trade they're going to develop it and they're going to move from away from something that the German Germans did in the last three years in reaction they set up subsidiaries inside Russia so that like like the German middle shot company they would build stuff and produce stuff in Russia and send it to their Russian clients it did not have to cross a border so it would not there's nothing illegal about setting up subsidiaries in Russia Billee obstructions was with trade another hole in the sanctions my god the biggest hole in sanction history was the Obama idiots who set up the Iran sanctions and said that the Iran Central Bank could not could not receive funds from European companies or countries like with oil trade but they left out the big you're a big Iranian banks so the big Iranian banks took the gold that India sent them for the Iranian oil and the Indians sent it to the big Iranian banks which passed it on to the central bank again Obama was an idiot in foreign policy and every single foreign policy initiative has backfired and turned into a massive failure despite all the chest pounding and hoopla okay so the German sanctions they also include Iran and North Korea but I don't want to get in all that that's just really silly moronic stuff but the sanction that the Congress put about three weeks ago versus Russia are going to result in shut in in the Germans building up more trade building up more contracts building up more dual relationships and continuing with the pipeline ignoring the sanctions probably threatening sanctions against the United States companies in some way I know the agents doing bidding for Washington neocon fascists and it could actually bring about the fracture and splintering off of nations within NATO we've already got the beginning of that with with Turkey the Incirlik Air Force Base is no longer a NATO base all the planes and assets I love how they use the word asset that's nuclear bombs right all the assets have been moved back to Germany and there's a riff a rift between the Germans and the Turks right now over you know the failed us-led coup against President Erdogan of Turkey another failed for an initiative oh gosh so we got the German situation and it is turning into a real mess and here would I predict the u.s. going to back down you're just going to back down and say okay you know you want to go ahead with your North stream to construction finance you want to supply your German industries with Russian gas it's your decision it's okay by us in other words we tried to pound down your throat something and it didn't work and we're walking away from the room with our tail between our legs very interesting how the fascists not only destroy their hosts namely the US economy they destroy their relationships with all allies the process well along the arrogance of the arrogance of the United States in regards to these sanctions and we know in part the largest part probably is in regards to the Russian interventions in Syria and let's talk about the dynamics Jim of a post 9-11 Middle East and the United States involvement and if you want to walk us through those events and leading up to what we're witnessing currently happening there with guitar and the Saudis and the chaos that the United States has created okay Obama thought it would be a good idea to disrupt all the Muslim and Arab nations this is what we do we we don't leave nations alone we try to interfere with their internal politics can you imagine Iran Russia China and lots of other nations getting involved with the Democrats and backing candidates and bringing in straw straw figures and you know funding riots and oh my gosh we would cry foul that's what we do every single day and we kill potential leaders like composts in brazil because he looked like he was going to become president of brazil and we didn't like that so he had a small plane accident he's dead okay so Obama thought it would be a good idea to do what he called the Arab Spring we had the color revolutions in Eastern Europe most of which were failure and now we had in in the last eight years we had the Arab Spring revolutions I have one contact with government experience and he told me something he said Jim this is a better way of interpreting the Arab springs what they do is they try to disrupt the government's disrupt the monarchies to struck disrupt the economy and try to force the government to move their central bank gold and once they start moving it the Bush family comes in to steal it that's one of the interpretations of Arab Spring get movement steal the gold how that work out in Ukraine very well that's not an Arab Spring example but within one month of the coup in Kiev Ukraine they moved their 44 tons of gold to New York they'll never see it again okay so the Arab Spring I it was you know Egypt that was a failure now they're kind of buddies with Russia developing their trade building up nuclear power plants with Raza Tom help from Russia the American puppet was displaced pushed out and a pro Eastern figure is running Egypt move on to Libya where we funded the revolt there and little known fact is that Qaddafi wanted to develop the gold dinar and have all North African oil sales to the West paid in the Arab gold dinar currency and anytime the dollar is challenged in such a big way leaders are killed nations are invaded and we bring up the sectarian violence nonsense excuse and the you know internal violence and destabilization the United States is coming in to save the day yeah okay so Libya is now a nation chaos with without leadership and from what I'm hearing the anti West factions are taking control it doesn't mean they're going to start selling oil for you know gold it just means it's going to be a lot more trouble for the Western leaders to bring Libya to heel all right move on in the United States fully cooperating with Saudi to start a Yemen war because the Saudis are pretty much out of oil now you don't read about that in the New York Times that rag or CNN that rag but Yemen is on the same Arabian Peninsula as Saudi Arabia I mean wouldn't you expect say Canada and large parts like the eastern provinces to shared geography I'm sorry I said geology with the the Northeast and central states of the United States of course alright so the Saudis have been lying about their spare capacity lying about their excess reserves talking about oil and wherever you have oil to have gas because it's kind of you know mutton Jeff there they work together they appear together they live together they developed together so the United States said to Yemen so to the Saudis go ahead buy some more weapons from the US military establishment have your war in Yemen and we'll help you to bomb hospitals and schools and marketplaces then the United States organized something with the Saudis to pay a bribe to the United Nations to look the other way on war crimes now we're doing some phone arms deals with the Saudis remember three months ago two months ago Trump went to Saudi Arabia with a lot of hoopla fanfare and orchestras and red carpet and blood bullshit and announced these new arms deals I immediately wrote an article pointing out three or four potential realities behind the deal and and some of my ideas were correct and one I overlooked all the arms deals were done by Obama and there was nothing new so the United States is part of an accomplice to war crimes in Yemen and I've come to learn something else recently that the Saudis bought at p4 level laboratory to spread cholera by airplane drops well so now you have perhaps a million victims of cholera in Yemen and the United States doesn't say anything okay that's one of the other Arab springs not really but it involved Yemen which is an Arab in a Muslim country and it they're victims from actions from one of the US allies okay the most resource is Qatar I don't care how it's supposed to be pronounced I call Qatar I mean they call Cotter I don't Qatar Qatar this is not the television show with the you know John Travolta in it from the 70s this is Qatar qadar right right and and what you have going here is an extreme deviation from too strong US allies and supporters of Treasury bonds for 30 or 40 years namely the Saudis and the United Arab Emirates UAE UAE is basically Abu Dhabi city-state and Dubai the city State okay the the its MBS and mvz Mohammed bin Salman Crown Prince Saudi and Mohammed bin Zayed the Crown Prince of Abu Dhabi which is more dominant in the UAE than Dubai Dubai is kind of a financial center in Abu Dhabi's where all the rich guys live who call the shots and manage huge sovereign wealth funds or what used to be huge anyway MBS and MBC decided that you know their war wasn't going real well in Yemen so they're going to set their sights on guitar because guitar doesn't have much in the way of defense you got a very developed liquefied natural gas sector and what they overlooked was that they have tight Russian connections due to the LNG and they have typed German connections due to the technology influence like consultants in their LNG sector and the real weird wrinkle with Qatar is the United States has a central command center central command control center CENTCOM much like they have in Tampa Florida and the Sen come in in Qatar controls all US military activity in the Middle East including Syria but also Ukraine and also Afghanistan so it's kind of a big CENTCOM may be bigger than Tampa but Tampa and in Nevada is where we have all the controlled drones and you know all those weapons that are managed by computer screens and no killing civilians as long as we possibly get a real target that's okay civilians might grow up to become terrorists that's a new line of thinking now so art is not going to bend guitar has extensive multi-billion dollar investments in France and Germany they're not going to bend they're not going to just give in and say all right whatever you guys whatever you guys in Saudi and you a you want will do no problem no they're going to say screw off and now you're seeing the Saudis back down they had a list of requirements now they chained to a list of requests and now they're calling them points of interest or some silly euphemistic nonsense okay Qatar is critical because they change their minds and decided not to go any further not to back and not to invest any further the Saudi gas pipeline instead they're going with the Iranian gas pipeline and will continue their giant project called North dome by Qataris and called South pars by the Iranians it's a gigantic gas deposit in the Persian Gulf and it will be a key part to the supply line of the Iran gas pipeline that Qatar has signed up with with Russian food support Saudi doesn't like that so they called Qataris terrorists supporters imagine that the largest terrorist nation among the Arabs is Saudi it's so weird now CJ that Langley had a deal a year ago two years ago where a certain prince was lined up to be the crown prince in other words when the King dies the crown prince takes takes the throne and Langley had this arrangement and Mohammed bin Salman MBs came in there and upset that understanding and situation and line to the throne Langley wanted the other a prince to remain Crown Prince because he was not in support of Isis terrorism was not in support of exporting like Muslim Brotherhood terrorism to Egypt and other activities in the Arab world the irony is thick because Isis is a Mossad and a Langley project and Putin revealed that so thoroughly about a year ago at a g7 meeting with the Microsoft PowerPoint dog-and-pony show of all the finance connections between the u.s. Israelis and the Swiss banks funding Isis so Arab Spring has turned out to be a failure in every single nation we disrupted their Nations we may have stolen some of their you know assets like gold but every one of the nations now has tighter connections with Russia and China and Iran so once again every foreign policy initiative since 9/11 has been a massive failure an emphatic failure very much in keeping with the fascist theme the fascist kill their host and they wreck their relationships with allies and it's true with the entire Arab the voice has a simple conclusion he says you know Jim with the petrodollar going away and decaying step by step until it's going to become a meaningless standard that's not honored anymore meaning oil is not purchased with Treasury bonds or Treasury bills anymore when that happened he said just about every single Arab monarch Arab oil monarchy will fall and he gives the example of Oman being the only one that does not I think because they developed good relationships with other nations like China and Iran and also they diversify so they're not overly invested in Treasury bonds you know the dollar based government debt so Arab Spring has been a failure and most of the nations involved in their disruptions have turned to Russia and China as a more stable player on the geopolitical stage and that's where we stand today I think one of the big events coming up and it could be next week it could be next month could be before the year is over could be I don't know I think it's going to be before this year is up the Chinese are going to win a deal where they are able to pay for Saudi oil in RMB their domestic currency and not use the dollar anymore the Chinese are really angry and irritated that for the last two or three years really ever since the Ukraine war and all that nonsense about blaming Russia the Chinese have been irritated that they are buying oil on the international market and paying dollars they don't want to use dollars they're using their Treasury bonds to you know buy up assets around the world including US urban commercial properties you make a list of the top 12 US cities the Chinese own 30 to 35% of all those cities urban commercial buildings commercial properties so they're very big in there and they're they're working closely with Wells Fargo is very clever what they're doing me they put up Treasury bonds at Wells Fargo and say we want to borrow 10 times the amount of this collateral and and you think Wells Fargo can say sorry your collateral is no good their Treasury bonds US government doesn't like it they can't stop it so China continues buying up US commercial urban property oh my gosh so when the Chinese win the right to buy Saudi oil in RMB terms you can pretty much say got a handful of nails there to put the coffin nice and us for the petrodollar bingo and and that's when I think the shitstorm begins to accelerate in a very noticeable way Jim and rejuvenate majority to the speaking of petitioning it has a half ago in regarding some of the Saudi Aramco IPO does that even matter anymore in terms of the players you know we're watching you know London we're watching the United States all try to wager for this IPO what direction do you see that IP going in or doesn't even matter oh I think it matters a lot first of all it matters with the the fraud Western analysts are very good at putting a value on a proposed IPO they got a lot of experience you know compare a Ramco to Rosneft and Exxon okay just that's just for starters and what they concluded was the Aramco total value is four to five times less than what the Saudis state and that does not even factor in the lies on the still available Saudi oil reserves in other words they say the company's worth four to five times less and the heaven factored in all the oil that's not there in the Saudi deserts their lie they've been lying for a long time in the in the 2000 decade in the late nineties it was Saudi spare capacity might come online meaning their existing oil production might start pouring out oil and that pushes down the oil price without doing anything in other words talking down the oil price okay they've been lying for a long time they don't have the reserves the gawe oil giant the elephant Field is producing 98 percent water it's called the water cut you know you pump out oil and you stuff down water to maintain the pressure so you can pump out a little bit more boy on the next year okay the Aramco deal will point out the fraud of the Saudis and that's very important because if the fraud is well known then the dollar is going to take an impact ahead because if the dollars best friend is the Saudi oil producers and they're declared fraudulent and the reserves are declared as lies then one more little plank ins and the petro dollar system is taken away but here's how I think it's going to be very interesting and full of intrigue I think the Chinese are going to make an offer for a piece of a Ramco they're only putting up for sale 10% of a Remco I think the Chinese are going to overpay on an on a piece of a Ramco so that they have leverage later to use it for paying for Saudi oil in RMB terms their improved their increasing their leverage every month by buying a little bit less of the Saudi oil they're buying instead Russian oil and the Iranian oil but if they say to the Saudis look we'll buy a nice piece of a Ramco and I will overpay we don't care if we pay a little bit more than it's worth that's okay because we want a good partner in the Persian Gulf the Gulf region I still call it the Persian Gulf at all my life I've been calling it the Persian Gulf but they want to be why don't we call the Gulf well there are more than one Gulf in the world very narcissistic of the herbs I mean how about the gulf of tonkin anyway I could go on so the Chinese are going to use leverage with the Ramco to win the right to buy Saudi oil and they're going to increase their Saudi purchases and pay for it in our m/v they're going to be two consequences from that within the oil world going to be of consequences generally geopolitically other departments so yeah some I got really dry there no you're you're you're fine sorry about that other Gulf Arab nations like Kuwait like Bahrain like Oman they're going to say oh wait a minute we don't want to lose any business to China we'll take our and b2 and then you're going to have the whole Gulf region eventually accepting R & B currency from the Chinese okay that's the seller side the buyer side is going to be Southeast Asia other nations I'll just make up one South Korea South Korea might come forward and say well we like to buy at least half of the oil from the Gulf region in RMB terms because we want to diversify out of the Treasury bonds in our banking system and we'd like to have more Chinese bonds because they're neighbors and we're doing more commerce with China so we want more Chinese currency and we like to hold government bonds good so other nations like South Korea NEA could be other little Nations like you know Singapore who who knows they're going to come forward and say we want to hold less of Treasury bonds and we want to buy more Gulf oil in RMB and hold more Chinese government bonds okay so the buyers and the sellers are both going to climb on to whatever the Chinese set up with the Saudis because the Saudis have competitors and the Chinese have neighbors didn't for me I'm dealing with I deal with us every single day on my throat I'm doing okay but it's just a dry recipe throw it every day okay so this is very big and Aramco plays a piece in it because the Chinese might use it as leverage and they might prevent the Saudis from losing face with declarations of fraud and a failed IPO very important so the Chinese might enter the Arab room on a white horse and help the Saudis out and I guarantee you if they get involved with Saudi Arabia with oil sales they're going to start influencing on the diplomatic level and try to bring down this intensity of war crimes in Yemen correct right Jim in regards to that you know when you take a look at the Saudis actions in in Qatar do you think that that was green lighted by the Trump administration or at least an advance notice of what their intentions were I I don't really know I think the United States I'm not really sure that the direction of your question there is it is your question does the United States understand everything the Saudis are doing well specifically I in terms of because I think in part exactly what you just stated is watching a huge Saudi pivot away from the United States to to to China and in regards to the the IPO and the purchasing that is probably further going to escalate the events in terms of the demise of the petro dollar and and and the dollar itself yeah I think the actions toward Qatar by Saudi and UAE indicate very clearly that the petro dollar is dead not that it's you know getting weaker it's dead it's dead and further is the OPEC meetings recently and the Accord that they had with you know the Arab men wearing robes in the same room I hesitate to call it an Arab meeting I mean an OPEC meeting an OPEC conference it was more like former OPEC members wearing robes showing up in the same room they made an agreement and they've not honored it OPEC is dead I've been calling OPEC dead ever since September of last year when they had a meaningless meeting in Vienna I to try to reduce output making a court and it failed so now they make it a court and they don't honor it what is that progress I mean come on OPEX dead it's been dead for a year and now the targeting by Saudi and UAE of Qatar is very historic just just start with the fact that the United States military has a huge base as a central command control center there so what are they gonna do overrun the country kick out the Emir when they have a deal with the US military okay maybe they were hoping that the US military would engineer a crew of the Emir in Oman and it's just not going to happen they're not going to happen I think Kuwait I'm sorry I think Qatar has way too many strong connections outside of its country outside of the Arab world has Chinese connections with trade has Russian connections with LNG trade has German connections with LNG technology has US military presence guitars not go to bend what you're going to see is the Saudis are going to bend they're going to bend so far over that they're going to have to lift their robe and show their hind ends I don't know exactly what the US and Qatar have agreed to but it seems like it's a giant nothing that the u.s. is asking of Qatar okay have all this pressure on Qatar all these foreign connections showing Qatar including multi-billion investments in European companies what is the message from the US to Qatar nothing what's the message of the US military to Qatar nothing okay a very loud nothing CJ so the u.s. tolerance what we're not tolerant of Saudi actions we're complicit with their military actions but when it comes to the attempts to isolate and blame Qatar for being terrorists I don't think the United States played any role at all the Saudis were on their own and they went off on a wild spree and have been called on it now they're backing down that the Saudis are a disgrace they're liars in the oil world their war criminals in Yemen and and it their fraud Kings with the Ramco they're liars for the longest time and no vengeance that the joke is on them okay I'd like to mention just just briefly in closing this particular topic that the Saudis have been running absolutely gigantic trade surpluses based in oil sales for 40 years yet we're led to believe they have a mere hundred and sixty billion dollars worth of Treasury bills Treasury bonds total US Treasury you had total US government bond holdings I don't think so now it's more like three to four trillion I mean can Americans do math anymore can you multiply 30 years which is 360 months can you multiply that like you know even a simple hundred billion dollar trade surplus from oil in a single year three to four trillion so where is it the tick report the Treasury international capital report it had a nice little deception in there for the longest time like three decades two decades they called it OPEC oil exporters and they put the treasure bond holdings in that category but last year we decided to separate the Saudis well why was that I have a simple explanation because the petro dollar is dead the Saudis have three or four maybe even five trillion and Treasury bonds and I think part of a scummy dirty deal set up by Kissinger as the Rockefeller agent with the Saudis was you sell oil in dollars and only dollars we will require the whole world to do the same and your bank reserves will be loaded with Treasury bonds that you will not dump so you receive Treasuries for your oil and it never gets converted out of dollars it stays in your banking system that's going to be called the petrodollar system and on a little side deal we want you to buy boatloads of US military weapons and we will make sure that you have conflicts all over the place okay that was the petrodollar deal okay that's all pretty much dead but part of that deal was you must fund the US Department of Treasury exchange Stabilization Fund you know we need we need you know many years several years to get the first trillion in there and it's going to be Saudi property Saudi asset but it's going to live and stay under US government control with the Department of Treasury and the exchange Stabilization Fund which has its mitts in just about every major financial market bonds stocks included both in the last two years the Saudis have come to realize that there are three trillion dollars in treasure bonds they will never see again it's too important as the core for the US government's control center of financial markets it's worse than that all that UBS Swiss bank criminal charge nonsense all that credit Swiss bank criminal nonsense all the US government fines and Hill fraud charges and income tax dodging charges and Iran sanctions violations are jiz for UBS and Credit Swiss it was all smokescreen I asked the same question as before since when does US government have jurisdiction over Swiss banks they don't so the Swiss are complicit what were they doing what was their project very simple get control of the Swiss banks control the bullion banks and steal Arab gold so for the last three years we've been sequestering and holding forever the exchange Stabilization Fund of three trillion Treasury bonds and stealing the Arab gold probably on the order of a thousand tons so the Saudis if they have their eyes open or realizing the u.s. is not a friend anymore we're victims of their pilferage so maybe that explains why they're attacking Qatar that has a government US military facility there if their action against Qatar could be an admission that they know the Americans are not their ally anymore which makes the Trump visit and the billion dollar golden sword all the more ludicrous Boyle boy I mean every single US foreign policy initiative is an utter joke and failure full of lies deceit pilferage and weapons men where are my simplest explanations of the weapons deal with the US and Saudi with so that the US could resupply Isis I mean this is just ugly stuff CJ yeah absolutely and in regards to that look talk a little bit around the domestic dollar go back trade currency what does that look like and how will that affect America Jim you mean the new scheisse dollar the domestic only dollar correct yes I gave it the name new scheisse dollar back in 2014 I kind of chuckle every time I see it in some financial analyst essay or our other you know public piece if it's a new dollar it's not going to be connected to the old dollar and it's a scheisse dollar because it's going to be recognized as a third world currency scheisse is German for not just shit but garbage rubbish flotsam jetsam you know it just just discarded goods discarded crap that that's German scheisse so the new scheisse dollar okay let me let me explain how I think it's going to come to be if you look at the global reserve currency and that whole structure has two sides this is what the dollar is it's a global reserve currency and when it gets used it's used as the global currency reserve and it's the US economy's currency no other currency in the world has both distinctions for a little while the Euro did the euro was in banking systems as reserves and the euro was used you know for instance by Saddam in oil sales so now that got halted quickly as the nation was declared a terrorist center and got it made it under false terms the global currency reserve status and structure has two sides trade is settled in dollars starting with oil which is the biggest item in international trade so oil sales in Treasury bills grain cement coal container vessels they're settled in Treasury bills international consulting contracts like between say India and Saudi they're settled in US dollars also so international trade is settled in dollar payments that's one side the other side is banking reserves and asset management take for instance South Korea I like them they're a good example they're not the biggest player in Asia but they're a significant global exporter and then they have surpluses their banking system is predominantly Treasury bonds and I think they're making moves toward Chinese government bonds and maybe quietly toward gold bullion but who knows someday we might know usually those details and data are kept as trade secrets the point is banking systems in individual countries around the world are dominated in their core assets by Treasury bonds that's the way things have been now for 30-40 years so if a country like South Korea wants to pay for a big oil shipment coming from the Gulf or any one other country they quickly convert to Treasury bills and pay in dollars but in Treasury bill form try to build just a short term Treasury look at what the US controls u.s. is much more in control of financial markets and military so financial markets can dictate the value of the Treasury bond just look at QE look at derivatives like interest interest rate swaps and they can they can bring about just about any bond yield that they want on the 10-year Treasury anything they want so movements this is a joke of mine but it's based in fact any movements in the Treasury bond are the result of desires from insider trading so they decide they want the the 10 year to move from one point eight to two point six in the next six months so they put on their trades they've put on their big shorts they put on their tnx trade to put on options they put on futures and they put on futures options and then they let it move according to how they push it okay so the point is that the West with the United States controls the financial markets they control the banking centers it controls Swift movements you know bank transactions country to country bank to bank so if the East that is not in fully in favor of the dollar anymore once to flex their muscles and bring about changes they're not going to do it in the financial markets with the gold price of the Treasury bond price or the SP or the Apple share price or the Google share price called alphabet now that's just a conglomerate that includes Google so what would the Asian and Eastern nations use to change the status quo and the dollar with its global currency reserve status they would use trade payments and they would start to rumble and say well you know we got a deal with China and Brazil and what I can use the dollar we're going to use RMB and Brazilians are alright with that and they're going to just have a little bit more RMB usage in their banks and of course the United States can reply by saying are you're going to have another small airplane crash it might be a central banker this time tell the US crates with all plausible deniability on the murder okay we're using murder and war to defend the dollar it's really quite sad and pathetic and tragic so the eastern nations are saying we're not going to use a dollar as much anymore so Russia and China have a huge they call it the holy grail energy deal back in 2015 it's continued it's not off track it's moving along pipeline construction LNG construction and the Chinese are buying Russian oil and gas and paying for it in RMB they have D dollarized that was one of my other forecasts in 2015 with the Ukraine war I said look for the Asian the eastern hemisphere generally to get off the dollar payment system in trade to D dollar eyes and they'll have an impact on their banking system when they realize they don't need to hold dollars they're not going to use dollars in trade payment okay so the Eastern nations are going to use their industrial power which is not minor anymore and as Howard Cosell would say it's not insignificant anymore the eastern nations with the BRICS and the emerging market nations have a significant not a dominant but a significant industrial output now they have a significant total GNP now GDP grew you know economic size and they have a very dominant population size you know hey time you include China and India you got over 2 billion in those together just to start off with massive massive so the eastern nations are going to use the trade weapon to displace the dollar as it as a global currency reserve and I think the starting point as I said before is going to be the Chinese paying for Saudi oil and RMB and the other Arab nations are going to accept RMB and the other Asian nations are going to choose to pay in RMB that's a handful of nails in the petrodollar coffin when that happens the United States masters are going to have a wake-up call and they're going to experience a shut door a little more often it's going to sound like this we're an Eastern producer we export to the United States and we no longer wish to receive Treasury bills in payment and the United States are going to say well we're going to shove them down your effing throat and if you don't accept them Korea we're going to have a terrorist incident in Seoul your capital and we're going to blame it on Muslim terrorists which we will hire and the eastern nations are going to say okay but we want some non paint non dollar payment and compromises will be worked out and eventually what you're going to get is more and more nations are going to refuse the Treasury bills and less and less volume internationally for us imports are going to be conducted in Treasury bills and eventually the United States is going to realize we don't have the luxury anymore of this global currency reserve we need something to guarantee imports to the US economy because we're getting besieged by 30 different countries who don't want the Treasury bills any longer and you know we don't know how long we can fight them off we don't know how long we can threaten them we don't know how long we can you know win compromises but the trend is clear the Treasury bill is going to be accepted much any longer and then you start to see the shortages in the US economy the supply line supply chain shortages because plenty of countries will just not accept the Treasury bill they're going to look to export to China instead they look to export to Iran instead they're going to look to export to eat India instead and they're going to be just fine with those countries in RMB trade payment and the US government maestro's are going to conclude we need a new dollar we need a domestic only dollar that does not serve the dual function of global currency reserve for trade payment and bank reserves in foreign countries we need a domestic only dollar now don't get confused by the name of domestic only it's just a label what it means is it's the country's special currency and it's not used by any other country and it's not used on an international trade tables either but there'll be plenty of new scheisse dollars that are in hands in Mexico in Europe and London and Canada but it's going to be the domestic only dollar it will be used to guarantee US imports and to reduce the supply chain shortages but when it comes there's some that are saying that the Chinese and Americans have an agreement that's been in place now for a couple of years the Chinese have told the Americans prepare prepare for your new dollar your domestic only because the dollar that's floating around in global circles cannot be used as your dollar anymore inside the United States because you're not paying your bills you've got a credit card that never has a reduced balance and the balance now is over 20 trillion and what they're quietly saying is we don't want your your dollar to be used internationally when you're using it to fund you or militaries you're attacking countries that are Treasury bond investors and the u.s. in the last two or three years had a very curious intriguing response okay we'll fund a military arm with mercenaries and we'll pay for it with heroin what's the name of that CJ yep Isis Isis and we'll have plausible deniability and we'll fund it through Saudis and we'll arm it through Saudis and UAE and we'll have the Mossad and Israel manage things and for the longest time the United States use the ankara turkey US embassy as a command and control center for all isis military logistics but something went wrong and the turks decided that they didn't like it anymore so the turks were not our friends anymore and we try to direct a coup against their country it failed and the russians came in and saved arrogance hide and his family so now you're seeing lots of turkish russian deals including the Turkish stream gas pipeline for Gazprom which is a workaround to get around Ukraine oh my gosh another built-i so I got off the track the United States is going to be forced to come up with a new domestic only dollar a new US home dollar and the talk between the Chinese and Americans was that it had to be devalued by 50% right away and what I'm hearing from my contacts in the US government was that a compromise has worked out where there would be too rapid 30 percent evaluations of the new scheisse dollar let's do some simple devaluation math it's really I'm grateful to a couple of client suit who actually sent me a contact us email to make it so simple from my mind if you do a 30 percent devaluation you're preserving 70% of the value you do another 30 percent devaluation you preserve 70 percent of the 70 percent in other words you preserve 49 percent there's your 51 percent devaluation I'm thinking that we're going to announce a 30 percent devaluation out of the gate for the new scheisse dollar and we're going to mix it in with some form of account confiscation bank balance we're going to lie about the second devaluation we're going to say no no it's going to be fine now to be it'll be the 30% devalue and that's going to be you know it for a long long time and I have three to six months we'll be another three percent devaluation because of necessity mmm right okay here's the other lie us is going to say this currency is sound it is loaded with integrity it will have global confidence because it is backed by gold and other resources like oil but the gold is the deep storage gold myth once again Fort Knox has gold but I'm told it has one or two barrels of coins valued somewhere under two billion okay all the Fort Knox gold once it was there 87 hundred tons was worth on the order of 400 to 500 billion dollars that's all gone okay so the gold will be the fictitious falsified deep storage gold bullshit and what will the oil be well they all will be real but it just won't be much in volume I did a simple napkin math calculation and came up with the Strategic Petroleum Reserve CJ was worth a cool 7 billion dollars so if we have a trade deficit of 500 billion we need 70 strategic petroleum reserves to forfeit okay so up other simple napkin math is if you take like a 1300 dollar gold price the five hundred billion dollar trade deficit translates to over ten thousand tons of gold every year amazing so would you think that it it's an appropriate name to call the new Schiestel or a third world currency basically yes basically all right now we've got the underpinnings of the new scheisse dollar we got its usages we have its phoney backing or inadequate banking backing inadequate and phony backing what will be the consequences it will be a severe price inflation sudden for all imports that Toyota car there was twenty five thousand no it's it's a little bit more now it's like you know if you have a 30% DeBell it's about a 40% increase in price so I think of it as twenty five thousand finish with ten a 35,000 dollar  Toyota instead of twenty five maybe 35 36 37 thousand dollars instead of 25 and what's going to be really interesting is that we're going to hear a lot I mentioned this in other interviews we're going to hear a lot about by American I mean now that we have our own dollar let's buy American and help reduce the trade deficit but the problem is so much more thorny than it sounds imagine just you know the big three US automakers well for the longest time especially under Iacocca Chrysler was bringing in a lot of Mitsubishi engines correct yes so the debate is going to be over buying American cars and then the problem revealed will be all the foreign made components that are subject to higher prices I'm not certain but I believe for has the lowest import components if that's true I'm not certain that if that's true Ford will see the lowest increases on its prices from the new scheisse dollar and if chrysler is still importing a large amount of components then chrysler cars will see the biggest price increases as a result of the new scheisse dollar introduction now turn to agriculture food supply when I was a kid the United States was importing a very small like 10-15 percent of food in other ways it was kind of like cool stuff like you know coffee from Colombia and you know Chili Peppers from Mexico jalapenos okay fine when I was in graduate school I used to notice oh my gosh look at that here we are in January that's a funny-looking tomato and look closely in this little little stick runneth saying from Chile and then I started reading Wall Street Journal and Barron's a little bit more when I was in my first job in the 80s and I realize oh my gosh the United States is very close to importing 50% of its food and now we're importing more than 50% of our food so the food general food costs good we'll see a near doubling not I'm sorry let me say that let me say that differently I got that wrong the food costs that are subject to imports will see a near doubling and the general food bill will see a roughly 50% increase because tomatoes are coming from South America onions are coming from Mexico the new Schiestel took a 30% hit versus all of them and everything we import cost more now mix your shopping basket with all those import items with the domestic produced items it's about half half so the impact would be about half on the new scheisse dollar devaluation oh my gosh you're going to see price increases everywhere at the same time many countries that broke away from the US on exporting to the US because they were bickering over the Treasury bill they didn't come back so you have some supply shortages price increases supply shortages and riots that's going to be social disorders a nice with the press likes to prefer putting it no they don't like say riots in America come no they're going to say social disorder from angst over increase in prices that are going to all be Russia's fault the dog ate my homework crystal Russians fault yeah right take a closer look at the Russians fault you find the Clintons fraudulent activity and bribery and the Clinton Foundation fraudulent activity with murders all all lengths with Russian activity not the murders just the activity mm all right so the impact of the US consumer are going to be gigantic they're going to be told it's going to be a salvation the reality is it's going to be an open door to the third world big price increases in noticeable shortages and where will the riots take place at the gas stations at supermarkets for food and the ATM centers for cash because there will be less cash agree I completely agree Jim in regards to that in terms of this this this world this world that's being completely rearranged away from the US dollar and in your opinion is that what we're witnessing in terms of the deep state in regards to to trump and will trump what what will they use is a reason or an excuse for this happening obviously they're not going to take responsibility for the demise of the dollar will there be escalation in North Korea perhaps Ukraine Assyria flare-up what will they blame this this on well to begin with the deep state is pushing the US government I in a way to try to bring the rest of the world the heel bring them under command put them on a leash and one country after another starting with the East said no and now Germany in the West is saying no so my catch phrase is if the US government is going to begin to sanction a lot of different countries and the result is that they're going to sanction pretty much the rest of the world and win isolation if the Germans embrace Russian war with trade finance and development you know technology sharing that sort of thing it's going to be a blow to the US the Germans are going to say well you know with all the actions that are underhanded and heavy-handed and all the nonsense from Washington we're going to do less trade we're going to tolerate less trade with the United States because we're going to make up for it with China and Russia and the East Eurasian trade zone the development of Thailand the development of Kazakhstan okay these are not countries in the wall street journal publications the us is going to win isolation by continued pressure and trade sanctions the u.s. going to win isolation by conducting the deep states agenda of chemtrails GMO seeds fracking of oil and lace vaccines and when the failure comes that's going to be most noted with the new choice dollar the United States is going to need a fall guy they're going to need a scapegoat they're going to need the blame game to go into hyperdrive and I think they're going to blame Russia China and Syria Syria is going to be the fall guy for the Arab world I mean it might be the Saudis that betrayed us but we're going to blame Syria now as for Trump you know this is going to sound like a very funny statement to make but I'm just going to say it Trump is becoming more and more an irrelevant figure as the days pass as the months pass you can focus on you know the Trump Russia connection all you want but all you're doing is proving your idiot the connection between Russia is with the Clintons and the Clinton Foundation the bribe money the trade money the Iranian deals it's all with Russia and the Clintons so if you want to focus on Trump and Russia you're proving you're an idiot you're proving it you swallow the nonsense of New York Times and CNN factories like a moron now is the deep state moving against Trump I don't know I don't care when the Trump administration announces something I used to be in favor of Trump when he got elected because he had a pretty interesting agenda and I don't see a single item on his agenda being followed I do see potential traps built by Trump so that his enemies would fall into them and if he is in control of those traps and designs those traps then my hats off to him as a very clever move if he if Trump for instance wanted to defuse the Russian factor by pushing Germany into closer trade unity with Russia then he's a master tactician but I'm not sure whether there was a trump active action or a passive action and I don't care I pay less and less attention now the Trump and the administration and decisions made just like I did with Obama Obama was an irrelevant mouthpiece for the deep state he never made a decision his Obamacare was an insurance company sector devised ploy I don't pay attention to the Trump administration okay when you have all these shuffling of people in chairs and posts and the only thing I pay attention to recently is how the Department of State seems to have been dismissed by Trump I don't mean one or two I mean the whole damn lot and now it seems like we have a hidden department of state that doesn't report to Congress anymore I mean the US government's becoming a joke I don't pay much attention to what the Congress does because it usually is centered on Russia which has been proved not to be dealing with Trump but to have been dealing with the Clintons correct yes so the Congress is irrelevant the Trump administration is irrelevant the Saudi arms deal was irrelevant nothing that either the executive or the legislative branches do is relevant so I'm paying more attention to important things like the Saudis winning the right to pay for so I'm sorry the Chinese winning the right to pay for Saudi oil in RMB I'm looking at important things like the Germans moving closer to Russia and ignoring sanctions for me I'm looking at important things pardon me I add the coffee jam I'm sorry no go ahead yep and it is rent that out you just answered to Obama I completely you know agree in terms of that he was just a figurehead and and you look at his actions they were completely decided you know by ax but you know with Syria everything else involved Jim and in terms of you know your your thoughts your any closing thoughts you'd like to share you know with our listeners I just want to kind of open the floor for you to discuss anything else or any closing thoughts please I have some closing thoughts regarding gold and silver as it relates to the new scheisse dollar and as it might relate to the new crypto currencies not so new anymore they've been around for several years when the new scheisse dollar comes into play it would be quite clear that there's a void in the global currency structures for instance people are going to start asking what's the backing of the ruble well it's probably their oil industry but they also have significant gold reserves that they've been lying about they have a lot more than they claimed when people ask what's behind the Chinese RMB currency the yuan people are going to say well it's their industrial sector and it's quite significant it's their you know their demand center from the growing middle class the middle class is bigger than the United States population the Chinese have more people with the name of Chen Sheng Wang Chung and sang-ok all derivations of the named Chen which is a derivation of the word King they have more derivations of Chen then there are American city okay the backing of the Chinese currency is their industrial sector their middle class and their gigantic gold reserves which they've been lying about the Russians the Chinese each have over 25,000 tons of gold they're not going to tell us how much they have Chinese did something very clever a couple months ago they said they're going to shut down marginal gold mines and begin to import more gold no let's translate that the Chinese are going to continue with their gold mining but the central bank and the sovereign wealth centers and the elite are going to buy that domestic gold production and take it off the market and force more imports to help break the Western stranglehold on the gold market okay there any more questions about what's going to be behind the euro I was just told by a good reliable client that what I had been describing as a Nordic euro is starting to come into view but it will not be the Nordic euro it will be the countries be that I thought were going to be behind the Nordic euro namely Germany Austria Netherlands and Finland they're all printing up their their old currency they're going to print they're printing up currencies to replace the euro they're going to adopt their old currencies the Germans are printing new Deutsche marks and the beauty of this and the link with the old my claim back in 2011-12 of the Nordic euro coming to pass I thought it's going to be a gold back Nordic euro with those same four countries but instead what you're going to get is those four countries are going to revert to their own currencies and they're going to link themselves together and the indication this is confirmed by the same source the indication this is not you know rock solid is that those four countries are going to link themselves together with the future expectation of backing those forth for currencies with gold and they're going to create a central European monetary union it's for central Europeans and their stable economies excluding the pigs excluding Portugal excluding Italy excluding Greece excluding Spain gold will be behind it eventually I think the Chinese are going to announce a gold-backed rmv currency and the Russians will be right behind them a go back ruble while they're not using the dollar and trade payments or banking any longer so this multi-year I hate to call it a bear market but decline from the 1900 level in 2011 which was largely engineered by the Swiss with their Swiss franc euro peg and the hidden component it was really a Swiss franc euro and dollar triangle peg the punished gold it wasn't just a franc euro peg and 120 it was a franc euro dollar peg that worked to bring down the gold price okay that's going to be reversed the Swiss are now in such deep shit they're holding way way too many euros in the Swiss National Bank the Swiss are holding way too many US stocks they thought they'd get some appreciation not not hold a dead asset like the Treasury bond who a dead asset now it's not only dead it's toxic if I were to say to you back in the 80s CJ there's going to come a time in the future when the US government is running trillion-dollar deficits hohoho what a joke Jim that'll never happen yes it did and they're going to print money to monetize it and call it stimulus with quantitative easing which is what the Japanese did ho ho ho that will never happen in the United States what's happening it's happening now and there's all kinds of deceit fraud at work to support the dollar and war to support the dollar false cause of war with Iran I mean Tony Blair in England is now in hot water for the whole false cause of war for Iraq 2003 and let me make a couple last closing comments um I am no expert in the crypto currencies with Bitcoin etc you know if there am and all these I'm not an expert but I have begun my little project my little education process I have invited three or four smart colleagues and clients to assist me and to engage in conversation and pass information pass me a video pass me an article pass me an interview like with Nick Szabo who is a principal player in the development and the design of cryptocurrencies with encryption and smart contracts etc I'm going to include them the cryptocurrencies and development and impact with both finance and economics no commerce I'm going to include them in the Hetrick letter starting this month but let me say this the crypto currencies are are decentralized and the Rothschild central bank system doesn't like that the crypto currencies allow for passage transfer of funds across borders without approval or ferrymen fees by the central banks and the Rothschild central bank's us doesn't like that the cryptocurrencies are finding themselves more lodged within the blockchain which is essentially a very secure and stable linkage of contracts and activity and payments that has the potential for I would say completely but virtually eliminating fraud and eventually we might see soon the Chinese announcing a gold trade note you know gold put up as equity in on margin to facilitate a payment for say oil from the Gulf region and the gold trade note will have gold put up as its core and the big question remains is where is the gold going to exist who will control it who will assure its existence who will manage the equity placements etc a lot of questions but I think gold is going to find a marriage with the crypto currencies I have a big question when a coin is mined for Bitcoin where did it come from and I hear electronic work that's fine because electronic work is a whole lot more valid then where did that new dollar come that the Fed just created exactly it came from a keystroke on a computer approved by the central bank head and the board okay well as far as I know we haven't created 24 trillion dollars in crypto currencies like the Fed created in oay two no.9 for the Fed owners at near zero percent to buy up the global assets after they crash the system so cryptos fare much better than existing currencies and they're exciting I find the whole block chain to be exciting and one of the really good examples I have of where the blockchain might have been a tremendous enhancement it is for the mers M ers it's the mortgage electronic registry system that was used as a title database between 2001 and 2008 when it crashed the whole system crashed with a merged title database was where okay then they give an example Morgan Stanley created a mortgage bond and they wanted to use the secure stream from 100 mortgages so they appeal to the morgue the ners stream grab the titles off the hundred mortgages put those into the mortgage bond declared bond and everything was happy and everything was fine and they sold the bond on the market and the brokers made their nice fees and another bond was born but unfortunately Goldman Sachs made another mortgage bond where of those hundred that were on Morgan Stanley's 30 also appeared in Goldman Sachs and their mortgage bond so they use duplicate fashion the income secured stream in fraudulent fashion okay if MERS has been set up as a block chain for a secured string of contracts and title securitization and payments the fraud would have been discovered in a matter of days instead the MERS fraud turned out to be a multiple trillion-dollar fraud that helped bring down the Western banking system okay blockchain would have put out of business the fraudulent mortgage bond brokers in Wall Street this is the threat come the blockchain and smart contracts with the tokens behind them I'm not an expert in this but I'm getting more exposure and knowledge and I have a lot of questions still on getting help I admit my shortcomings but I claim a little bit of knowledge now after not a whole lot of time of learning but learning from smart teachers okay if the blockchain with smart contracts and encryption and and you know logged in payments if all this can be created and get adopted and thrive and spread we're going to see a gigantic threat to the fraud masters in Wall Street banking and finance this is what they fear they fear honesty integrity and the building of the magic word trust because there's no trust in Wall Street there's no trust in the bonds whether mortgage bonds include fraudulent car secure streams for loans there's no trust in Treasury bonds with the fabricated bond demand coming from interest rate swap derivatives there's no trust in the dollar that's why the eastern nations are working out alternatives forcing the u.s. to come up with a domestic only dollar so I think we're going to see a marriage of some of the commercial methods and platforms in blockchain and crypto currencies a marriage with precious metals and the reason is simple sound contracts honest contracts are going to merge with sound money and honest money this is coming and you know anyone who thinks oh gosh I got to get rid of my gold it's done nothing recently cowboy your timing just could not be worse we have now many currencies that are in breakout mode in a minor way breaking north of a downtrend all five bricks currencies Brazil India Russia China and South Africa all five of their currencies are breaking north of a downtrend that's amazing because you know little South Africa what a little shit country that's turned out to be under what's-his-name Zuma yep what a joke and what a joke India has become with their pressure to monetize the temple gold with their attempts to abolish cash just you know unilaterally abolish the high denomination rupee currency bill and declare it worthless my god and just amazing it that Modi their prime minister is still around okay so the general comments c.j art are that the changes are coming very rapidly and so are the breakdowns take a look at cliff high and his uh oh gosh what's the name of his uh I can't think past human of yet half past human his linguistics analysis it's not so much forecast as it is dominant themes that are appearing and they're meaningful that make them forecast that could be sidetracked he's now just getting on the stump saying we've got breakdown everywhere you turn it's in the Linguistics it's in the language of the internet and email okay so the breakdowns are happening the financial breakdowns are happening the market rigging is still very strong but it's breakdown I think will happen and the winner is going to be gold sound money and silver sound money whatever happens would go so we will tag along whenever gains gold has Silver's going to at least double the games so gold goes up you know 40% in the next two years servers going to go up 80 to 100% these are exciting times CJ and we're just we're just starting now the big moves in the paradigm shift now paradigms not just a cool world with cool word with a silent G it means that the reset the global currency reset is coming the global paradigm shift is coming it's very near it's not years away it's months away the global paradigm shift is for the east to take its place in global leadership with banking finance economic and industry big changes are coming and with the changes the u.s. is going to find itself more isolated and at the risk of falling into the third world if they don't do some things very rapidly and effectively namely reindustrialize the most suicidal event I've ever seen in my adult life watching economics has been outsourcing of US industry I said back in the late 80s the good friends of mine we're giving up legitimate income what are we going to replace it with I heard everywhere the finance sector is going to become dominant financial engineering how'd that turn out it broke down with fraud and and just asset bubbles that burst everywhere okay well thanks for having me on CJ and I hope people can go to wwas comm check out the free area it's the main htl page and there's a lot of other interviews links to them public articles links to them but it's the home of the hat trick letter that comes in the form of two monthly reports the global money war report and the golden currency report and uh I hope people go there and sign up for the newsletter because we are on the cusp of unbelievable powerful changes that have been building and have been interrupted by things like the Ukraine war and the Syrian war the longer those wars are in a standoff the closer we are to realizing the major global paradigm shifts couldn't couldn't agree more show Jim want to thank you for a wonderful interview and again this is CJ with rogue money and joined today with a Jim Willie so a great interview Jim and appreciate your time okay it's been a pleasure and thanks for having me on thank you