[Jester] HI MODS, PEEPS, LURKERS, AND CRITTERS....
[Jester] YOU GUYS LIKE A GOOD VIDEO LISTEN OF THE PETRODOLLAR SYSTEM HISTORY I THINK THIS ONE BY SIMON BLACK IS ABOUT AS GOOD AS ANY I HAVE HEARD... AND IT GOES ON TO ELUCIDATE ON THE CONTINUED STUPIDITY OF THE US IN THE DEMISE OF SAME...
[Jester] THE WORLD IS TICKED OFF... AND THEY ARE DOING WHAT THEY NEED TO DO TO GET THE US OUT OF THE WAY...
[Jester] THE SAD PART IS I THINK O IS HELPING IT TO HAPPEN WITH HIS POLICIES AND ACTIONS...
[hunter35] Jester Did Scotland vote to get out of the EU. I didn't see the result
[Jester] hunter35 I DON'T THINK IT HAPPENED YET..
[DiddyKong] hunter35 and its not out of the EU, its the UK
[DiddyKong] its a vote for Scotish Independence
[Jester] I THINK IT IS INTERESTING TO NOTE THAT KHADAFI WAS GONE WITHIN WEEKS OF ANNOUNCING HE WOULD SELL OIL FOR GOLD... AND SADDAM WAS GONE SOON AFTER HE GOT UN APPROVAL TO SELL OIL IN EUROS... HMMMM
[hunter35] Jester A double standard maybe??
[Jester] hunter35 IN A DOUBLE STANDARD YOU GET TO LIVE... THOSE GUYS ARE DEAD...
[Jester] DiddyKong HEY BIG GUY... YOU DOING OKAY?
[DiddyKong] Jester im doing great! I got a lot of stuff to drop about gold
[Jester] DiddyKong WE DROPPED A LOT OVER THE WEEKEND... NOT SURE IF YOU SAW IT...
[DiddyKong] Jester Did you guys talk about Singapore and the Swizz?
[Jester] DiddyKong NOPE THAT IS MORE HISTORICAL... WE WERE TALKING ABOUT THE CURRENT GOLD MOVEMENTS TO CHINA AND SUCH...... LACK OF IN THE US... ETC...
[DiddyKong] Jester Oh no my friend. I got some current and ongoing news in regards to gold by Singapore and the Swizz.
[hunter35] DiddyKong Please lay it on us
[DiddyKong] The Chinese government backed Shanghai Gold Exchange (SGE) brought forward the launch date of its international gold trading platform which is hosted in the city’s free trade zone (FTZ). The gold trading platform will be known as the ‘international board’... tomorrow
[DiddyKong] This is just gold trade. Sounds interesting and cool.... but it goes deeper than that!
[DiddyKong] In June (of this year) the Singapore Exchange (SGX) indicated that their 1kg gold contract would probably be launched by September, but the launch date has now been pushed back to either October or November. The SGX is Singapore’s securities and derivatives exchange and clearing and depository provider.
[Jester] DiddyKong SAW THAT CHINA WAS A FEW DAYS AHEAD OF SCHEDULE BUT SINGAPORE IS ON A GAME DELAY....
[DiddyKong] This is settling gold contracts in actual gold!!!
[Jester] WELL THERE YA GO... HAHAHAHHA
[Jester] THIS IS WHAT I SAW EARLIER ABOUT THAT... China advances gold exchange launch, Singapore delays contract http://www.reuters.com/article/2014/09/16/us-china-gold-contract-idUSKBN0HB17F20140916
[DiddyKong] Jester yup! I got my stuff from Goldcore and other gold creatures lol
[Jester] DiddyKong GOLDCORE IS GOOD STUF...
[hunter35] DiddyKong Why would Singapore delay?
DiddyKong] The question is, are nations worried that this could create majority volatility in their currency markets?
[Jester] hunter35 IN THE ARTICLE... The delay was due to some technical issues in setting up the trading system, the sources said.
[DiddyKong] hunter35 because noone is really ready for it I would think
[hunter35] Wow, it's like full speed ahead, guns blazing
[DiddyKong] To answer the question of "Who and where are the inovative people to develop initiatives to safeguard a nations currency? Well....
[DiddyKong] The Utah Monetary Summit. One is coming up the 26th of this monthhttp://utahmonetarysummit.com/
[DiddyKong] I have not researched all the presenters, but Bill Still is suppose to be there and he is one of my personal favs!
[DiddyKong] Here is a video of the 2011 meeting Utah Monetary Summit Olivier Ledoit https://www.youtube.com/watch?v=--_lPjoLfuI
[DiddyKong] and this is what has come out of that meeting: 2 initiatives for the Swizz.
[hunter35] DiddyKong Lots of new technology . . . I'm with IBM . . . lots of personal cloud technology the banking industry is using.
[DiddyKong] 1) Referendum initiative: “Save our Swiss Gold”: The SNB should stop selling its gold. The gold has to be stored in Switzerland. Gold should represent at least 20% of the SNB assets
[DiddyKong] The 20% part may be confusing. It does not mean that 20% of its gold should be held in Switzerland, it means 20% of its assets need to be held in gold to a minimum!!!!
[DiddyKong] All that denominated petro currency reserve stuff is a no no if gold is not 20% of those reserves
[DiddyKong] In just three months, on November 30, the Swiss will vote in a federal referendum on the future of the country’s gold reserves.
[DiddyKong] If the first one passes, another referendum to follow is Referendum initiative: “The Gold Franc”DiddyKong] And that is not all either for the Swizz because as I said, there are 2 initiatives.
[DiddyKong] What the Gold Franc would mean and do is in this website. Its pretty comprehensive http://www.goldfranc.org/en/
[DiddyKong] Basically, there will be two existing currencies for the Swizz.... gold currency and the fiat currency
[evenstar] DiddyKong Is that good for the GCR or RV? You sure sound excited!
[DiddyKong] Haven't we heard and talked about something like that to be going on with the US.... USN/TRN and the FRN
[DiddyKong] The way I see it, as Cyrpus was the model for the cabal bank bail-ins,These Swizz initiatives will provide as a model for the good guys to a more sound monetary policy
[DiddyKong] The Swizz will be able to use the gold coins for ACTUAL purchases of goods and services
[DiddyKong] The world is moving is to more sound monetary system with asset backed currencies including gold. The world is not ready yet, BUT BOY IS IT GETTING THERE!
[lulu] Diddy Kong do you have a take on what will happen if Scotland separates from Uk remember RBS received 15 trillion on behalf of the cabal so have you read much
[DiddyKong] lulu if Scotland separates from UK, it would mean a stronger Scotland. They can then develop their own currency and back that up with their oil and have a healthy economy and standard of living. That is all that needs to be said about that. The opposining sides have been fear mongering becuase much, if not all, of the Scottish oil has been going to the cabal
[lulu] Will it hurt England?
[DiddyKong] Oh and let me not forget this. Large global economic changes or plans to change the global economy are happening as we speak. They have been going on for the longest. The evidence is all around us.
[DiddyKong] The last piece of "evidence" I have is this.... "China's central bank has stated the yuan would become "basically convertible" by 2015." http://moneymorning.com/2014/01/21/golden-yuan-coming-heres-play/
[pokerbrat] Sorry but who cares about england
[Jester] DiddyKong WE DID DO THAT ONE OVER THE WEEKEND.. AND ADD THIS ONE IN FOR A BIG SURPRISE IF YOU DID NOT SEE IT....
[Jester] End of dollar? Russia and China in works to create new SWIFT system
[Jester] THAT OUGHT TO JUST ABOUT BE THE HANDWRITING ON THE WALL RIGHT THERE...
[DiddyKong] Jester oh yea, I know about that one as well. But yes, that is more fuel to the fire! Things do not get anymore obvious then that
[Jester] DiddyKong THEY TALK ABOUT BANNING RUSSIA FROM THE CURRENT FED SWIFT SYSTEM SO PUTIN FLIPS THEM THE BIRD AND SAYS... I CAN LIVE WITH THAT.... CHECK... HAHAHAHAHAHAH
[Jester] Choking Russia's Banks Would Be the Ultimate Sanction http://www.businessweek.com/articles/2014-09-01/banning-russia-from-the-swift-payment-system-would-really-hurt
[DiddyKong] Jester HAHAHAHAHA absolutely hilarious. And at the same time, other nations are seeing this as the decline of fiat money. Money that is not backed by anything but faith and confidence of its people.
[Jester] CAN YOU SAY... IT MIGHT GET COLD IN THE EU?
[Jester] GIVING HA WHOLE NEW MEANING TO THE WORDS "COLD WAR" IF HALF OF EUROPE FREEZES IT'S BUTT OFF THIS WINTER... HAHAHA
[DiddyKong] Jester HA and a monetary metaphor "cold shoulder" to the U.S.
[Jester] DiddyKong ISN'T THAT THE TRUTH...
[Jester] DiddyKong YOUR OPINON... YOU THINK THAT O IS DOING ALL THIS ON PURPOSE TO PUSH THE US INTO OBLIVION?
[Jester] BECAUSE TO ME IT IS CERTAINLY LOOKING LIKE THAT IS THE CASE... HE IS ESCALATING THE PROBLEMS INSTEAD OF EVEN ACTING LIKE HE WOULD TRY TO DO ANYTHING TO ARREST THE SLIDE THAT DIRECTION...
[DiddyKong] Jester He's a puppet and is not educated in these matters. He is guided by those who want us pushed into oblivion.
[Jester] AND THAT FOLKS... IS PLAN B...
[DiddyKong] Oooooo and I want to add something about the Scotish Yes initiative for independence...
[DiddyKong] Did you guys know that it is being monetarily supported by the nations lotto winners?!?!?!?!?! How about that for sticking it to the man
[Jester] DiddyKong HAHAHA... I THINK THAT IS EXACTLY WHAT THEY ARE AFRAID OF HERE... IF WE GET A LITTLE FUNDING THINGS WILL NOT BE SO EASY FOR THEM...
[DiddyKong] Jester aint that the truth! Which makes sense as to why it has been a sound policy to keep ppl debt slaves. Maintain control of the people
[DiddyKong] Jester But I am hopeful to see what comes out of the Utah Monetary Summit meeting this month on the 26th ( http://utahmonetarysummit.com/ ) especially if there is some form of a movement or petition to get the ball rolling for the U.S. Utah is leading the way
[DiddyKong] Just saw this on recaps. Fingers crossed people... "H.R. 24 ‘Audit the Fed’ Bill Passes in House" http://www.dinarrecaps.com/our-blog/separation-of-us-treasury-federal-reserve-begins
[Truth] [DiddyKong will it do any good passing in the house?
[DiddyKong] Truth just waiting on the Senate now
[Truth] DiddyKong How do you think that will go?
[DiddyKong] Truth I actually do not know. I would think they would vote in favor of it because auditing the Fed is such a hot issue for americans and mid-term is right around the corner lol
[ModelWoman] Jester and DiddyKong Posted this earlier before you two where in: CIA Insider Warns: "25-Year Great Depression is About to Strike America http://moneymorning.com/ext/articles/ri ... ris=252778
[DiddyKong] ModelWoman ok, read the article. I think he may be a bit premature in his assessment and that is with regards to if the U.S., espescially the UST, does absolutely nothing to hedge against the fiat FRN. Like I said earlier, Swizz are making moves to accomplish this hedge mechanism and I believe it could be provided as a model for the U.S. and other nations as well.
[DiddyKong] ModelWoman rather that mechanism would be in the form of a gold US currency, a gold back US currency, or an asset backed US currency. In general, a non-debt backed currency like the one we currently have with the Fed
[ModelWoman] Let's hope so DiddyKong !
[DiddyKong] ModelWoman Let's think about it like this... We know that the elites want to maintain power of the world. That does not seem like a possibility anymore. So would it be a safe assumption that they would want to at least maintain control of the American people? If they let the US currency go to crap, it would be an absolute witch hunt for them. Its a lose-lose situation for them, just one is WAY WORSE than the other lol
[ModelWoman] DiddyKong I just can't wrap my head around the Elite being so EVIL!
[DiddyKong] ModelWoman the Fed with their taper BS and "generous accommodation" for Wall Street was the Fed's mechanism of propping up the currency and mitigating any damage. Now, with this audit coming down the pipe, that mechanism may go out the window. Unless the Fed can develop some other kind of stealthy easing policy, it is up to the UST to figure out how to try to maintain the value of the dollar.
[ModelWoman] DiddyKong Let's hope The UST comes through for us!
[DiddyKong] Though nothing (from what I have seen) from the UST has said they will take such and such action with regards to money printing, they may get the push they need from either the Swizz or the Utah Monetary Meeting. We shall see
[pokerbrat] Jester the guys that have made millions and billions don't talk against the establishment. Because why rock the boat that got you there.
[ModelWoman] DiddyKong Let's pray you are right!
[DiddyKong] DiddyKong US could, but it would be best to back it by an asset that is more stable and not depending on the results of fracking lol. You can only "frack" so much
[pokerbrat] Or maybe they got there because they played ball. Bill Gates comes to mind
[Hannah] DiddyKong Good point regarding the fracking. I hate it. I was given a real dressing down in another room by a man who is big in the oil industry in Oklahoma. Was told I didn't know a **** thing about fracking and I should basically keep my opinion to myself. I just told him he could believe what he wanted (since his pockets are being filled because of it) but I know my house is full of cracks ... and it's because of fracking.
[Hannah] We have had over 200 earthquakes in Oklahoma ... this year!
[LuckyB] i wish they would kick this RV in the bacck side ,, im tired of living on baked potatoes and scrambled eggs .. a pound of hamburger would be nice
[DiddyKong] LuckyB I am afraid you might have to wait a bit on the RV. Even if Iraq is "ready" they and the world need to get all of their financial ducks in a row to handle such an event.
[Hannah] DiddyKong Well heck ... we might as well get this out of the way. When and how much?? Lol
[DiddyKong] Hannah rate and date cannot be done. It depends on when the central banks of the world get their acts together to do the GCR. A dollar today may not be the same dollar after the GCR so the rate could be anything. Remember, the GCR is suppose to be about currency being backed by assets and value of the currency based on those assets. The value is relative in relation to the value of the other currency it is compared to
[DiddyKong] Hannah That is why we monitor events and report them here like we did with China and Swizz with gold. It brings us closer to understanding where the world going and perhaps when to expect major financial changes
[dinar chaser] DiddyKong Do you really believe the PTB, that run the CBIs, want a GCR in the first place?
[DiddyKong] dinar chaser regardless, they have no choice. Too many moves are being made away from fiat
[Hannah] DiddyKong See? That's the kind of stuff that should make recaps ...
[Jester] dinar chaser NO WAY... THEY DO NOT WANT IT THAT IS WHY THEY ARE FIGHTING IT... IT WILL KILL THEIR HISTORIC CONTROL VIA THE BANKING SYSTEMS...
[Jester] DiddyKong AND I AGREE WITH THAT AS WELL... IT IS ALL OVER BUT THE KICKING AND SCREAMING BUT IT MAY IMPACT US THE WORST IF THEY DECIDE TO KEEP US CAPTIVE...
[Jester] RATHER THAN BEING THE LEADERS WE THOUGHT WE ELECTED TO WATCH OUT FOR US..
[DiddyKong] Hannah lol. It would be the same as trying to predict what the price of eggs would be in the future. Well, since we do not know how much inflation would be, its all relative. Eggs could cost more or less. And then, you could either buy a few eggs for the same price. I like the term Shrinkflation by Max Kiezer (sp). Prices don't change but quantity declines lol
[Jester] Hannah CHECK THIS OUT... SIMON BLACK TALKS ABOUT THAT VERY THING USING BREAD AS AN EXAMPLE....
[Jester] http://www.sovereignman.com/podcast/the ... now-14975/
[dinar chaser] DiddyKong Jester Do you believe there are enough 'good guys' fighting the PTB to ultimately turn the tide and take over?
[Jester] dinar chaser DEPENDS ON IF THEY CAN GET THE CONTROL QUICK ENOUGH... THEY MAY BE PICKING UP THE ASHES IF THEY ARE NOT ABLE TO... WHICH IS OKAY BUT WILL BE A BIT HARD ON US FOR A BIT...
[LuckyB] the feel they have no responsibility to the American people
[DiddyKong] LuckyB and there is the truth in that. You have to see if the prices of food has changed and if you could buy more or less for the same price. In my hamburger helper, I realized there less noodles in the box. But the box cost the same. So I paid the same for less. In essense, The value sucks lol
[Jester] THANKS FOR STOPPING IN TONIGHT...GOODNIGHT...SEEYALATERBYE
***** LINKS *****
The Petrodollar is collapsing, and it’s one of the biggest opportunities in the world right now… http://www.sovereignman.com/podcast/the ... now-14975/
China advances gold exchange launch, Singapore delays contracthttp://www.reuters.com/article/2014/09/ ... 7F20140916
The Utah Monetary Summit http://utahmonetarysummit.com/
The Utah Monetary Summit Olivier Ledoit https://www.youtube.com/watch?v=--_lPjoLfuI
The Swiss Franc – A Success Story http://www.goldfranc.org/en/
The Golden Yuan is Coming – Here is how to play ithttp://moneymorning.com/2014/01/21/gold ... eres-play/
End of dollar? Russia and China in works to create new SWIFT systemhttp://www.examiner.com/article/end-of- ... ift-system
Chokling Russia’s Banks Would Be The Ultimate Sanctionhttp://www.businessweek.com/articles/20 ... eally-hurt
Separation of US Treasury & Federal Reserve Beginshttp://www.dinarrecaps.com/our-blog/sep ... rve-begins
CIA Insider Warns: “25-Year Great Depression is About to Strike America”http://moneymorning.com/ext/articles/ri ... ris=252778