China and Australia to Hasten FTA (Free Trade) negotiation. Wants an agreement quickly. Sydney to be an Official Yuan trading exchange.

China and Australia have been in FTA (Free Trade Agreement) negotiations since 2005.  Now China  and Australia are rushing and get an agreement set between them.  

China has signed FTA agreements with 31 countries so far.  There are 18 trade zones.  They have been expanding the use of Yuan with those agreements.  The U.S. dollar used to be the currency traded between every country for all goods.  That is why the U.S. dollar had always been in demand and accepted everywhere.

Portion from the signed agreements link above:

Among the current batch of agreements, China has signed 12 free trade agreements (FTA)with countries and regions including the ASEAN, Singapore, Pakistan, New Zealand, and Chile, a Closer Economic Partnership Arrangement (CEPA) between the Mainland and Hong Kong, and an Economic Cooperation Framework Agreement (ECFA) between the Mainland and Taiwan. With the exception of the FTAs between China and Iceland and China and Switzerland, which have not yet become effective, the other ten FTAs have been implemented.

To understand what China has been doing since 2008, here is an article from 2009 how China began expanding the accepting of Yuan in trade and agreements they made.  Since then China has set up Yuan exchanges and has been trading without the U.S. dollar involved.    I have written about China's agreements with Brazil and all the other BRICS and the dropping of the U.S. dollar between them.   Last Year BRICS formed an emergency currency exchange between them.   Last year, they did a cross border loan exchange before the RMB became international.   In 2012, BRICS signed a local currency exchange agreement. 

China has been discussing with Australia a FTA but has never gotten anything worked out between them.  But now both are wanting to rush an agreement between them.  Why is that?  What do they know that we don't?

I believe it comes to what is happening with Russia and Ukraine.   I believe China and Australia knows the U.S. dollar is going to be imploding soon when Russia completely drops it in trading.  After Russia drops the dollar, those countries that were too fearful of the wrath of the U.S. (they saw what happened to Iraq, Libya, tried on Syria) from an invasion and destruction of the country, if one dared dropped the dollar.  We will see many countries trading with Russia, including Europe (if they want gas) through Gold, Ruble or maybe even the Yuan for goods/energy.

From link:  Notice almost every sentence has something about 'rushing, hurried, as soon as possible'.


China and Australia on Saturday voiced hope to hasten negotiations on a Free Trade Agreement (FTA) and strike a deal as soon as possible.


"It is a common aspiration of businessmen from both countries and also an important consensus reached by leaders of the two countries to speed up the FTA negotiations," Wang said.

Wang called on both governments to meet halfway and show flexibility in the FTA negotiations to make tangible progress at an early date.

For his part, Abbott said development of economic and trade relations between Australia and China had moved rapidly in recent years and he expected an FTA deal at the earliest possible opportunity.


Right there... the words being used says a LOT!  The article does not mention a currency that would be used.  But all you have to do is read this article out on April 11 2014 about Sydney becoming an official offshore trading exchanged for the Yuan.

Portion from above article:

CANBERRA, April 11 (Xinhua) -- Australia and China have agreed to enhance offshore market development of the Renminbi (RMB) and the central banks of both countries are working together on potential future clearing and settlement arrangements in Sydney, Treasurer Joe Hockey said in a press release on Friday.

Once the arrangements are finalised, it will place Sydney alongside Hong Kong, Singapore and Taiwan as an official trading hub for the yuan, the Australian Financial Review reported.

"Australia is at the forefront of countries working with China to support international use of the RMB," Hockey said, " Australian banks and their Chinese counterparts have worked hard to promote direct trading of the two currencies."

Monthly trading volumes have increased more than seven-fold in the past year to 2.4 billion U.S. dollars from 324 million U.S. dollars equivalent before direct trading.

Last April during then Prime Minister Julie Gillard's visit to China, both countries announced a direct exchange between the Aussie dollar and the Renminbi.The Australian dollar has become the fourth most traded currency on China's Foreign Exchange Trading System and "there is significant potential for this market to grow", said the treasurer.

With all of this information above. Those who are paying attention know something is happening with the U.S. dollar and it is not good. The rush to get an FTA agreement between Australia and China, with China, Australia opening up an international currency exchange in Sydney proves the writing is on the wall for the U.S. dollar.

The only questions left are: How much longer does the dollar have? How soon will Russia, China, Middle East, and Australia drop the dollar completely for trade between them?

Jim Willie Interview, What is really going on in Cyprus behind the scenes and The other Euro Nations at risk.

Jim Willie, The Golden Jackass who writes Hat Trick letter for subscribers.  He has a public site too where you can read his public articles and links to his latest interviews.   If you haven't subscribed you are missing out on someone who is ahead of everyone else in most cases in knowing what is going to be happening and going on behind the scenes.

I am thrilled, Jim took his valuable time to speak with me about Cyprus and the Russian connection.

This is a 50 minute interview that is well worth listening to.

What will the Russians do for retaliation against the EU for trying to steal their money?
How are Russia and China working together?
The future of the EU?
The Iceland solution
The gold and silver prices and what they premiums are in reality in other countries?
The dollar and U.S. becoming 'Third World'.
The Eurasian Trade groups.
China and Africa
All of the above plus more discussed in the interview.

As always Jim provides great information, including some "insiders" information.

IMF Confirms Chinese Yuan/Renminbi Set to Become a Global Reserve Currency

The IMF has confirmed the Yuan/Renminbi is set to become a Global Reserve Currency at an Economic Forum in Hong Kong.

With China's economy gaining global strength, the renminbi is set to become a global reserve currency, Zhu Min, deputy managing director of the International Monetary Fund, said Tuesday at an economic forum in Hong Kong.

Yesterday I wrote about the crossborder loans China was doing, before the Yuan becomes a Reserve Currency, their saying the "unloved dollar' and the amount of gold they are importing.  Besides the rumors of them backing their currency by gold.

David Morgan of the Morgan Report and Silver-Investor.com did an interview with me about the subject, Germany's gold and the Silver shortage/manipulation.

David mentioned that things take time to happen and as I add on the third part of the interview is that it already has been years and maybe the situation will start going faster.

It seems to me with the Yuan being called a Global Reserve currency now even by China itself, they have laid out the ground work for changes to be made in a short amount of time.  China does not reveal their hand until everything is already said and done.   Considering the dollar has been the only "Global Reserve" currency for decades but this month the Yuan is becoming attached with that name.

The dollar demise has been talked about for years now.  Many had been saying "anytime" but it has been long and drawn out.  China is very smart as they take their time and put everything in place before they reveal or make their big moves.   Has the time now come?

The Premier of China had gone to Saudi Arabi and Dubai a year ago.  He stayed a week there having meetings and making agreements.

Premier Wen Jiabao and the ruler of Sharjah, Sultan bin Mohammed al-Qassimi,attend the Arab-China Business Conference in the Gulf emirate on Wednesday. [Photo / AFP]

  SHARJAH, UAE - China signed economic and trade agreements worth 100 billion yuan ($16billion) with Saudi Arabia and the United Arab Emirates (UAE) as Premier Wen Jiabao wrappedup a six-day visit to the Middle East on Thursday.

The first currency swap agreement with Arab nations, worth 35 billion yuan, was also signed inAbu Dhabi, Wen told the Fourth Arab-China Business Conference in Sharjah on Wednesday.

Are those agreements now coming into fruition?   Is Saudi Arabi ready to be one of the last Middle Eastern countries to trade in something other than the "Petrol Dollar?"  If Saudi Arabia begins oil trade in something other than the dollar, then it really is game over for the dollar as the Global Reserve Currency and any strength it now has.   It only has strength because all of the other countries are devaluing their currencies against the dollar for trade.  With the Fed printing the dollar non-stop, currency wars are raging, no one wants to have the strong currency due to trade and their products being un-affordable to other countries.

But once the dollar is no longer a worry or concern for trade then all the other countries will be able to stop their currency devaluations against the dollar because a new Global Currency backed by Gold will be the hero of the world.   The only country that will be left all to itself with their inflating currency will be the United States.

It seems the proximity of this occurrence is now much closer with both the IMF and China itself using the words "Global Reserve Currency" for the Yuan.


UPDATE 1/31/13 - Here is the link to my interview with Bill Murphy the founder of GATA and lemetropolecafe about it all today.  

Read between the Lines - U.S. money not being accepted for Libya oil - Dollar transactions being blocked

I have thought and told some people when the dollar gets dropped from the oil trade that is when it is going to be dead around the world.  China has already begun trading with other large countries (Russia and India) in the Yuan now.  They came out a couple of weeks ago and said they wanted all countries they trade with to start transacting the trades in the Yuan.  Knowing they are making the moves now to become the international trading currency, I have thought the only thing saving and keeping the dollar having any strength at all is due to it being the trading currency for oil.

But if/when that ends is when the U.S. will become isolated and go Zimbabwe due to the amount of printing of money Bernanke is doing.

This article is out today from Reuters about Libya's oil trades being at a stand still as U.S. dollars are blocked from the country.  They are saying another currency could be used possibly, that verdict is still out.

Will this be the beginning of the U.S. dollar being dropped for oil trade?  Can be be done fast and not over a period of years?  If this happens and another currency is used right away for oil trade what would stop other Middle Eastern countries immediately using other currencies for oil trade also?

Small portion of article:

"It's not a matter of choice, there is an embargo on U.S.
dollars coming in and out of Libya. All U.S. dollar transactions
are being blocked," said a trader with one of the firms.

A MUST READ Jim Willie Article - About U.S. Debt, Treasuries, Gold and How MERS is Fraud!

This article from Jim Willie, puts everything together!  The fact the U.S. is monetizing the debt through the Treasury bonds is obvious!  How the U.S. Treasury Bonds are some how selling better and more than ever, than before, yet those buying it are "other investors".  He also states MERS is complete Fraud in the article!  

He literally discuss everything going on with the U.S. and what is really happening, including China and other countries, are stopping buying the U.S. debt and buying Gold.

No matter what the U.S. MSM says and the Government says, the truth is in the numbers and when those are looked at closely, what is really happening is figured out.

There are other signs too - including LBMA - is closing it's data bank info on bullion purchases and information about Gold, as of last week.  They are now going to hide the information, due to those who look at it and see the truth through the numbers.

Also, China a couple of months ago, decoupled from the U.S. dollar, though it was still pegged to the dollar. Now, they are saying they are going to no longer peg it to the dollar either.  They will be pegging it to a basket of currencies.  That means, they know something, we don't about the dollar and what is going on.

Then we have this article about the U.S. dollar and the expectations, due to the charts and indexes of it falling much more within days.

China came out and said the U.S. is insolvent and is going to go bankrupt, last week.

The simple fact of the matter is...... the U.S. is bankrupt, the government has been printing money to buy the treasuries, they have been buying them through the U.K. which has mysteriously come up with billions and billions of dollars to buy the treasuries and has tripled their purchases this year, yet no real source where the money is coming from.

From the Jim Willie Article linked above:

This category supposedly purchased $15 billion worth of USTreasurys in 2008, then jumped with ink jet assist (printing press) in 3Q2009 to a staggering $528.7 billion in purchases, a 35-fold increase. The Household is on track to buy $704 billion worth in all fiscal 2009. The bottom line is a shocker! What is the Household Sector? It is a combination of miscellaneous, ledger adjustments, and blatant monetization. Sprott calls it a PHANTOM that does not exist, but serves the purpose to balance the ledger in the US Federal Reserve Flow of Funds report. In the past, this ledger item was calculated as residuals, securities on loan across groups, even inclusive of rounding error. The monetization is no longer hidden. He concludes that USTreasurys have become one giant Ponzi scheme, just like Bill Gross of PIMCO quipped. This is a smoking gun.
Many, including myself had expected for the fraud to come to light long ago, but in my opinion, due to the Mainstream Media looking the other way and never bringing attention to it, as they do as the government wants, they have been able to continue the Ponzi and Fraud schemes, including the constant manipulation of the metals market.
But, is it now coming to a fast end, due to other countries being totally fed up with the fraud from the U.S.?

Ask yourself these questions.... how is it the stock market is able to go up without any real recovery and the lowest trades, what fraud has been committed there?  Why is it at 9am for the last couple of weeks, the metals are all hit and sink in price on no news?  Is this the last desperate attempts to scare people out of the metals and the worst hits come on option expiration days?  There are thousands of questions that can be asked and by asking them, you will see the data does not make sense to what is going on.

So, all anyone can do, is protect yourself in all ways.... getting out of the markets, buying Metals and buying commodities that can get you through what is going to be coming very soon.  The can has been kicked down the street for a few years now, but it has hit the Large Looming Metal Wall and it can't go further.  The problem is.... most are asleep to that fact, but won't be able to be asleep for much longer.

If you want to read a very chilling article out today - The Death of Paper Money -  it is about what happened in Germany and what is about to happen here.  What I did not know and just learned through the article, is ... Germany passed a law during the time of hyperinflation there, that linked the price of gold to loans taken out previously, so the loan amounts went up as the price of gold did!  That I did not know.  So, will the U.S. government also pass such a law? So, the loans we have right now, will go up in what we owe as gold goes up, thus people can not get out of debt if they protected themselves?  So does that mean, there may be a very short time frame of those who have purchased metals to pay off their loans, before some outrageous law is passed that of course protects the banks and not the people?

Ron Paul - A Real Voice Of Truth

Ron Paul - a Real Voice Of Truth

News and thoughts on the Coming Dollar CRASH and Down Fall of the U.S.

There was an article out yesterday

http://timesofindia.indiatimes.com/world/china/China-to-use-ASEAN-meet-to-make-Yuan-an-international-currency/articleshow/5153779.cms

Saying China will use the ASEAN meeting to make the Yuan an International Currency.

The meeting is happening Right Now in Thailand
http://www.radioaustralianews.net.au/stories/200910/2721941.htm?desktop

From another article:
http://www.reuters.com/article/businessNews/idUSTRE59M5K720091023?feedType=RSS&feedName=businessNews

quote:

---

Soros also said he believed the decline of the U.S. dollar would be limited by its tie to the Chinese currency. "As long as the renminbi is tied to the dollar, I don't see how the decline in the dollar can go too far," he said.

---

So what if they come out of the meeting and say the renminbi/yuan is no longer tied to the dollar? We will hear a HUGE Crash of the dollar that day! The timing can be spot on of when it starts, from clif's warning!

This could be it - they decide to untie from the dollar and let their currency rise - the dollar would IMPLODE immediately!

The general public would not understand the implications immediately - but they would grasp it as the days went by and the media explained it.

Also, out is Lazard Asset Management Fund - over 100 billion dollar fund management company is getting out of the dollar.

http://www.istockanalyst.com/article/viewarticle/articleid/3575322

I would like to remind you - this is the same company that the CEO just died last week - Bruce Wasserstein. He had an irregular heartbeat. hhhmmmm...... really now? Wonder if there are medications that can make that happen, especially if word gets out a dollar dump is about to happen and people try to make it Not happen? Yep, that is a conspiracy theory. BUT - you have to understand, I have been following the deaths of Many financial people in the last couple of months.

For some reason, being at the executive level of the finance business over the last couple of months have been very detrimental to people's lives. There have been many accidents, suicides and heart problems all of a sudden.

Back to the original posting premise -

The media may be covering their butts with the public, as they have been mentioning the weak dollar to the public. They know if something happens, they would have had to say something beforehand, so the public understands "something" was coming down the line.

Also remember - very important clue with this all - is that State Dept. report of all Embassies needing to have local currencies by Sept. 30th for a years times of money.

What I don't understand is.... The govt. KNEW a few months ago the dollar was going to crash, why the Hell didn't they try and do something about it, instead of continuing what they were doing to cause it?

Is it because - it was all too far gone? They needed to put on a Good face to the public, while they were running up the stock market and getting out of it, yet the public was getting into it more and believing them? They have covered themselves up to this point and know they can't cover anymore and they knew in advance Oct. would be it for covering and then game up?

Everyone does realize that when the events unfold, we will have millions of people whose retirements were blown up by Wall Street and the govt? They blew it up and had people put more money in the market - even though they have known it was all going to fail!! They did this as they were giving billions away of our money as bonuses to make sure Wall Street people's pockets were filled before the Crash Happens!

That is not the govt. protecting the people that is the govt. and Wall Street purposely condemning the people, along with the media being culprits to the crime!

99% of the people in the U.S. are about to lose their wealth, and go nuts without survival means - To say How I feel about that.... well... there are not enough curse words in the language for what I think!

The Warning from the Webbot about the crash coming this week has been updated to the fact "something" will happen around the 5 am hour on the 26th. What 5 am time zone, that is not clear, but lets just say it is EST.

I can tell you one place I will be in 2 mornings - on my computer looking intensely for headlines and information around the world. I will be starting with the Asian news sources.

All Kinds of News has Come out in the last few days - for possible 25/26th Event

All kinds of news has been coming out this week!

It has been hard to keep up with it all.

Many various and different reasons for a lock down in banking and so on have come to light.

An article just came out, saying the While House is going to unveil their "too big to fail" dismantling solution is need be. Everyone is mum on what is in the bill to the media, but Obama will come out with it on Monday.
http://www.reuters.com/article/governmentFilingsNews/idUSN239264420091023

One, Iran is refusing the UN agreement for Uranium enrichment and walked away from the table.
Could that now lead to the Israel Mistake and Ill Winds?

Volcanoes have been waking up this week too around the world.

One thing that is COMPLETE BIZARRE to me is that MSM is NOT mentioning the Puerto Rico Explosion at 12:30 this morning 10/23/09. Huge Gas Storage tanks exploded - 11 of them and the fire is STILL raging in Puerto Rico. Yet no MSM is mentioning it! WHY? That is VERY SUSPIOUS to me!

http://www.huliq.com/8971/87983/puerto-rico-explosion

It should be a Huge headline on the news - yet they aren't saying a word about it!!

Today Karl Denninger came out with an article about Credit Dislocation!
http://market-ticker.denninger.net/archives/1539-Possible-Credit-Dislocation-Be-Warned.html

Also, Citibank just upped and canceled their gas credit cards without warning anyone on Wednesday! People found out only went their cards were denied! Trucking companies are up in arms, because they need the cards to charge for fuel! Some had always paid their bills in full every month, but their cards were still canceled.

Goldman Sachs is giving out 23 billion in bonuses!

OH, I have A LOT to say about that! But I will control myself!

I am still working on getting something started against MERS, but it seems law firms don't want to take it on (they won't make money off it).

Russia, Venezuela, Iran and China have made agreements to buy oil without using U.S. dollars.

Also, to show the U.S. standing in the world now - Hillary Clinton went to Russia, but at the same time Putin went to China to sign trade agreements NOT using the U.S. dollar anymore!

That was an absolute showing to the U.S. they have complete disregard for it now - to insult a Secretary of State by leaving the country to go to another one to drop the dollars used! That right there says a lot in my opinion.

Oh, many banks have announced they will be closed for a few days next week for Computer upgrades and other reasons! hhhmmmm..... interesting timing for that.

I have read some reports of ATMs being out of money now.

I sincerely hope, everyone has taken a simple precaution and have gotten money out of the bank incase credit cards and banks shut down next week!

It is a simple thing to do, that does no harm and protects you, for the "just in case" events!

We will see what happens and if anything does happen - but being prepared for anything is better than being surprised and without money or things to get you by.

A Simple Question - What the H*&% is Happening and Why aren't Prices reflecting it?

So, What the H*&% is happening?
What do I mean by that?
Have you taken a look at the dollar index recently?



What it is at this moment.



The dollar has been in a decline for days now - I haven't even seen those little bounces back and forth - up and down recently.

Lets go ahead and take a look at the last 6 months of the Dollar Index:


So, lets get this straight - the dollar high for the year was in March around the 90 range - right?

Now it is in the 76 range!
Let's see, by my calculations that is a 14 POINT INDEX DIFFERENCE! in 6 months!

Now - you still wonder why I have asked what the H*&% is going on due to the dollar index?
Let's look at this gold chart from March of 09

Gold was trading anywhere from the $890s to the $950s per ounce. Right now gold is at $988.

What I find very curious is the fact there is only a difference of about $30 per ounce of gold as it is now to what it was when the dollar was at it's strongest point this year!

How can that be? If there is even a small tip of a dollar strength at a .01% up - gold drops in price immediately. Yet, right now there is a 14 POINT DIFFERENCE in the index of the strength of the dollar from February 09.

Since this past February, we have also had the disclosure of China purchasing over 400 tonnes of gold since 2003, Barrick is now eliminating their gold hedges, besides the fact the Fed is monetizing the debt and buying the U.S. bonds, since no one else seems to want them now.

This shows, for those who have still had doubts, something is NOT right in the metals market. Since gold is priced based on the dollar at this time and the dollar has lost 14 points in just 6 months, yet gold has not reacted to that dramatic points lost on the index. That means only one thing.. some big players are behind the scenes throwing everything they have at the metals market and for the moment it is working. But for how much longer?

A wonderful article came out yesterday through GATA - this article explains almost everything about the metals market - the hows and whys of things. I highly recommend it to everyone, who is interested in metals!

http://www.golddrivers.com/gata2.aspx

Here is another article about the scams in the metal's market by the biggest players and Comex exchange that is being perpetrated on innocent people, trying to protect their dollar value.

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=88713&sn=Detail

So, I now again ask - with the dollar index dropping, other countries buying gold, the amount of metals in EFT's and other gold funds - being a scam and the same gold being sold over and over to unsuspecting people, What the H**% is happening with the gold prices?

Oh, I believe we can add oil to the list too - the prices of oil do not match the dollar index at this time either, though that one - you won't hear me complain about. Though I know $10 a gallon or more gas prices are in our future... just how soon? Besides will it still be affordable to those who have perserved their wealth through metals?

Update - to my China and Gold Blogs

China again called today for a new world currency. It seems the economic division is at odds with the political division.

The economic politicians no longer want China to purchase the U.S. debt compared to the politicians buying it strictly for political reasons.

Who will win? I have my own opinion on that, considering how many trillions the U.S. is printing as if the paper will be worth anything.

link to article: http://www.bloomberg.com/apps/news?pid=20601080&sid=aSQeGrhdwipU

China will control the World within 2 years

A senior communist Chinese Communist Party Researcher says China needs to buy Gold to hedge against the U.S. dollar. He feels the Yuan will be the trading currency in the future and China needs to have more gold to back it.

China has been purchasing resources of other countries for the last few months for
China's growing economy. It is also stated, China should start purchasing land within the U.S. with their dollars. China has increased their gold reserves to 1054 tonnes from 600 tonnes since 2003. The IMF (International Monetary Fund) is slated to sell 400+ tonnes of Gold from their reserves in the next few months, it has been hinted at, that China will purchase all of it from the IMF.

Sinopec, China's largest oil refiner, agreed on Wednesday to buy Swiss oil explorer Addax Petroleum Corp for $7.24 billion in China's biggest overseas acquisition.

China is setting themselves up to be the superpower of the world, they will be taking the title from the U.S., I would estimate within 2 years.

China has the manufacturing base, as the U.S. does not now, so they will be able to control the products of the world. China will own the energy and other natural resources throughout the world. They will probably own land and important real estate throughout the world also, including inside the United States.

For all those people who believe China needs us, well you may be in for a rude awakening, as China is positioning themselves for almost every other country, to need them in the future. They will control the world's resources and products.

I have no doubt when China has fully positioned themselves by getting rid of the the majority of their U.S. debt reserves by purchasing resources throughout the world, prime and important real estate throughout the world, backing the yuan by a gold standard and have made enough agreements with other countries for using the yuan as a reserve and trading currency, in one full swoop it will hit the U.S. and those people who have not been paying attention hard.

China will have the control to pull the rug out from the U.S. in one go, or they can continue to let the U.S. slowly but surely decline. They are the ones who have the control NOT the United States. Oh, if you don't believe that, then you are hiding your head in the sand and not looking at the situation honestly in the United States.

Also, if you think the U.S. is rich in gold, you may want to think again! The U.S. has not allowed an accounting or audit of the supposed gold at Fort Knox since Eisenhower was President. Many many groups have asked for an independent audit of the gold and release to the public how much is there, but all have been refused. Why? Is that why Nixon took the U.S. off the gold standard in 1971, because there was no gold to back the paper money?

I listened to a radio program online a couple of months ago, the person was an international gold trader. The person mentioned there was "melt" on the market being sold. Everyone who is in the gold business knew that the only entity/country who would be selling "melt" as what was on the market was the United States. The U.S. is the only country that had ever confiscated gold from their citizens in the 1930s and melted it. He also stated, by there being melt on the international gold market for sale, that meant that "someone" was at the bottom of their barrel of gold.

The next question is, when will those countries holding the United States debt demand for an audit of the Fort Knox, besides the United States action groups? Will the U.S. deny the demands? I would think so, because I also believe the U.S. does not have any gold left. Otherwise they would not have refused every demand for an audit, they would have opened the vaults to stop the rumours and accusations of the U.S. no longer having any gold for over 30 years.

People need to look at the situation without rose colored glasses and take the "red" pill. China will be the superpower of the world and they will start controlling what happens in the world along with all the resources. The United States once the dollar has lost it's reserved currency status, along with the truth of Fort Knox gold, others will not buy our debt and our dollar will hyperinflate. The truth is hard to swallow, but if you don't acknowledge the truth now, you will not have positioned yourself for the coming changes and will be lost like the majority of the population of the U.S.. Look at the situation honestly don't be taken by surprise and shock at what the future of the U.S. will be.

LINKS to corresponding articles: http://www.mineweb.co.za/mineweb/view/mineweb/en/page34?oid=85486&sn=Detail

http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5989271.ece

ANOTHER LINK - about China's purchases of resources around the world:

http://www.time.com/time/magazine/article/0,9171,1890398,00.html

Meetings happening between Eastern Countries - U.S. not allowed to attend. The final hammer coming down for U.S.?

Seems there are meetings between 6 Eastern countries right now, Russia,
China and others, one person has said it is the most important meeting of the
21st century.

The U.S. asked to attend to observe, but was denied admittance. Why did they do that? Are they discussing the getting rid of the dollar and making agreements with each other?

Interesting enough Russia had come out saying they were happy with the dollar just 2 days ago, as the dollar was in decline on the index, as I posted about. But did they do that to dump them in the next few days - doing it that fast?

For those who think the U.S. will stay standing, are ignoring what is happening. People need to stop being blind to what is actually happening behind the scenes and our MSM does not report, including this huge meeting between the largest nations that the U.S. wasn't allowed in.

Right now, they can come out and let the U.S. fall on it's face, though I think they will not do it so fast, they are planning how to protect themselves and how to get rid of their dollars while there is still strength in it.

link to article: http://www.truthdig.com/report/print/20090614_the_american_empire_is_bankrupt/

There are meetings
being held Monday and Tuesday in Yekaterinburg, Russia, (formerly
Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry
Medvedev
and other top officials of the six-nation Shanghai Cooperation
Organization. The
United States, which asked to attend, was denied
admittance. Watch what happens
there carefully. The gathering is, in the
words of economist Michael Hudson,
“the most
important meeting of the 21st century so far.”
It is the first
formal step
by our major trading partners to replace the dollar as the
world’s reserve
currency. If they succeed, the dollar will dramatically
plummet in value, the
cost of imports, including oil, will skyrocket,
interest rates will climb and
jobs will hemorrhage at a rate that will make
the last few months look like boom
times. State and federal services will be
reduced or shut down for lack of
funds. The United States will begin to
resemble the Weimar Republic or Zimbabwe.
Obama, endowed by many with the
qualities of a savior, will suddenly look
pitiful, inept and weak. And the
rage that has kindled a handful of shootings
and hate crimes in the past few
weeks will engulf vast segments of a
disenfranchised and bewildered working
and middle class. The people of this
class will demand vengeance, radical
change, order and moral renewal, which an
array of proto-fascists, from the
Christian right to the goons who disseminate
hate talk on Fox News, will
assure the country they will impose.

The U.S. people need to get smart and understand, we are no longer the leaders of the world, the other countries now have the upper hand and are able to control our future. Our future was squandered away by our politicians, by printing the amount of money that has been and continues to be printed, and all the other countries who hold our debt.

Update:

http://www.foxnews.com/story/0,2933,526541,00.html

Russia came out of meeting, saying the world does need another trading currency other than the U.S. dollar. They sure do keep saying different things. Is this why the dollar index is declining today and gold is going back up once again?

Russia reverses themselves - "Dollar is good" - Are they playing Roulette in Reality?

It seems Russia has reversed themselves saying "They are happy with the dollar". Though just last week, President Dmitry Medvedev, questioned its global status, joining China’s central bank Governor Zhou Xiaochuan in suggesting the world may need another benchmark for settling international debts.

Okay, so a complete reversal has happened! Does everyone feel better about the dollar?

Now, before getting all warm and fuzzy about the dollar, lets take a critical look at what has been said in the past, compared to what is being said now!

Since the end of March, China and Russia have been saying "get rid of the U.S. dollar as the reserve and trading currency. But now they are saying "We are happy with it all of a sudden".

Hmmmm, something does not sound right about that. The dollar index had been in a decline and metal prices have been in the increase, until a couple of days ago.

Why the sudden change?

Could it be, that in reality, they KNOW the dollar has been printed WAY TOO MUCH and it was in a decline, yet they have Billions in dollar reserves themselves! So, what do they do? Keep thrashing the dollars status and let it decline while they have Billions of it? OR do they get smart and come out to the public saying they are fine with the dollars status, to keep it strong and the gold prices stable and low while they work furiously behind the scenes to get rid of their dollar reserves?

Information had come out last week about Russia exchanging their U.S. dollars for IMF debt, China has been increasing their gold reserves.

Sorry, no one should take and feel comfortable with the U.S. dollar status as being secure and able to stay the reserve and trading currency of the world. Look more critically at what is really going on, watch the movement of dollars. Other countries are going to do what is in their best interest, not in the U.S.'s best interest, so what they are doing is very smart right now. They are behind the U.S. dollar has they work to do everything they can to get rid of it, secretly and quietly and totally behind the scenes while it still has value.

Don't take what is being said at face value, look at it carefully and closely and think about to what advantage is there to countries with huge dollar reserves to keep it strong at the moment.

Russia playing roulette with the dollar - betting the house of reserves and getting rid of it?

Hit Men Assigned to Bust Comex Gold and Silver Market

What a title right? Well, the Comex metals market has been manipulated for a long time now. Other countries have been frustrated over the manipulation. The article linked is a very good explaination of the manipulation and the possibility of it being busted. Gold and Silver are on the rise today, in fact Silver is out performing gold in the increase of value. Silver is a much better buy for the expectations of increase compared to the money spent to purchase it. Since last December there has been hope of a busting of the manipulation of the Comex metals market. The amount of shorts on it from 4 big companies cover more than the longs on them. But, if they ever fail on their shorts of the market, it would be bad news for them. Some say the actual amount of Gold and Silver Comex has does not even come close to their orders against those metals. They get away with it, because they make it very hard for people to actually take delivery of the metals. They provide a lot of red tape, etc. Few people have take delivery, but slowly people have been taking the deliveries ordered.

Now regarding the "hitmen" article - link: http://www.321gold.com/editorials/willie/willie052809.html

Even though it is from a gold company, it is still a good explaination of the manipulation along with why it could be busted.

I have said it before and I will say it again - If you have not purchased metals up to now - you need to take a VERY SERIOUS look at purchasing them as soon as possible.

That is the lynchpin to control the USDollar, the USTreasurys, and the
corrupt mechanisms used by the New York and London syndicates. Their clear
criminal behavior is beyond the reach of law enforcement, but they are not
beyond the reach of hitmen. The USDollar has been in violation of the US
Constitution since 1971, perpetuated by a renegade series of administrations.
The global creditors for the USTreasury Bonds are so angry at the past suffered
losses, the prospect of deep future losses, and the corruption laced throughout
the US financial system, that they have hired third parties to kill off the
US$-gold platforms, to destroy the burdensome banking ballast dominated by
protected entrenched fraud experts, to lay waste to the vehicles used by the
US-UK bond trafficking syndicate totally saturated with corruption, dishonesty,
and collusion, replete with greed, totally absent conscience. They have
systemically been dismantling the COMEX pillars and levers over the last several
months, quietly and without fanfare, surely without publicity. If gold investors
knew of their actions, they would become much bolder. Some want the bankers in
their gunsights not to be warned. They await their fate with the Financial Grim
Reaper. Their executions will be as swift as brutal.

I checked today, if you were purchasing gold with Zimbabwe dollars today - you would be paying $334,980.00 in Zimbabwe for ONE ounce of Gold.

So, in knowing that and knowing we are printing money as Zimbabwe has - but the U.S. dollar is protected in many ways as the Zimbabwe Dollar has not been, because the U.S. dollar has been the reserve currency of the world. That has been our one saving grace at this point (in my opinion) of why we have not started a major hyperinflation period. But now that other countries are starting to make deals with fellow countries to trade in local dollars or the Chinese Yaun, I would not expect in a year or 2 years from now, we will be as protected as we are at this moment. So, using protected dollars at this moment, when you can still buy something of value for them at a decent rate, doesn't it make sense to purchase metals? Where you will always have the current value of your money protected?