Thoughts From Readers on “The Coming SDR Gold Standard” By JC Collins Part 1
n3angus September 30, 2014 at 3:14 pm The Pimco Fiasco is evidence of this Transition coming ……
tyberious September 30, 2014 at 3:27 pm JC, you are getting closer. Once the FRN fails, people will be weary of any non-backed currency, therefore whatever rises to take it’s place will be have to back by really money (Gold).
The BRICS are moving towards a Gold trade note for settlement and to underpin the BRICKS Bank, that is the reason for Gold accumulation. Europe has ceased Gold sales, while the US has none. The SDR is a failed Fiat Banksters dream. It is not going to happen.
JC Collins September 30, 2014 at 3:48 pm Sure it will Tyberious. That’s the whole point. And I’ve been this close all along. Your dream of a full gold standard is simply that…a dream. Not to take away from the validity of it, but its just not going to happen.
JC Collins September 30, 2014 at 3:57 pm And by the way, the BRICS themselves disagree with your point of view. You say the BRICS are going to do something which they say they will not. How do you explain this?
tyberious September 30, 2014 at 3:32 pm
n3angus September 30, 2014 at 6:02 pm what do you think about this stuff affecting markets worldwide ? https://s3.amazonaws.com/khudes/twitter9.18.13.pdf
JC Collins September 30, 2014 at 6:51 pm I don’t think of anything which is sourced from that particular person. Sorry.
n3angus September 30, 2014 at 3:42 pm This might be why PIMCO is Shaking it might not have a clear valuation of their assets with these fake trades going on …..
his Fake Currency trade will bring on the SDR fast !!!!!!
matt (@speedspirit42) September 30, 2014 at 4:00 pm Fine masterminds have a plan to transition to a new stage of fiat but how do you reckon they will deal with the shortage of Silver for investment and industrial use?
It is a Precious Metal and “they” may be ignoring it, suppressing the price with derivatives but for how much longer? Why are “they” afraid of Silver?
If Silver is simply a poor mans Gold and they knew and know “they” can make a lot of money being on the short side of the trades and when the SDR comes about the value is placed on Gold because “they” own it in mass and want that as their store of wealth , fine I can go along with that.
But I also believe they have made an error in their thinking. The mistake was making Silver cheap enough for the average man to place his store of wealth in so much of it.
At the ratio it comes out of the ground and is used up industrially when it finds its true value the new wealth transfer will be from the mega rich to the Silver owners. And we will fund worthy projects for a better life for the average man. Because we understand the fundamentals of life.
deejj87 September 30, 2014 at 5:29 pm Matt, jmo, although the gold to silver ratio is historically closer in value that does not mean the value/price of silver will not continue to be manipulatedin the marketplace.
“They” are quite intelligent and I don’t believe they have not considered the possibility of the common man to hoard silver and how a massive price increase would affect this aspect of the economy.
At the moment, there is an executive order giving the US government the right to seize all land, food, and assets in a crisis situation, similar to German laws during WW2.
“They” follow and track all social media and website opinion and create counter intelligence to give people hope that there is a possibility of the masses to reclaim our sovereinty from the bad guys, who are a physical manifestation of our human nature.
The world now reflects our collective consciousness. If people focus on something like hoarding silver, how is that different than the bamkers hoarding money? Humanity collectively opperates with the notion of scarcity and survival.
Imo, because silver has an industrial use, it makes sense the price will not massively increase, because that would affect the cost of the end product which would make those products highly unaffordable thus drastically reducing purchasing of that end product.
gustavsaure September 30, 2014 at 6:01 pm Silver, like oil, is supply and demand inelastic. Only so much supply can be added and demand destroyed in response to a higher price, which must happen in my opinion or industry will run out of it.
When the supply and demand curves meet at the point where no more demand can be destroyed and no more supply can be brought on, I think the price (read: purchasing power) of silver is going up regardless of what currency it is denominated in. I think there is far less silver out there than people think.
gustavsaure September 30, 2014 at 6:02 pm Consider this: How do the bankers keep silver generally out of the common man’s hands as a store of value and at the same time keep industry supplied?
By preventing a slow rise in the price that will wake people up until the moment comes when it must be revalued at multiples of its present price, very quickly becoming too expensive for the average person. Just a theory.
dripfood September 30, 2014 at 7:45 pm Succesful industries are known to plan for different scenarios. Especially scenarios everyone and their mother can see coming from miles away.
The required meta-material will be embedded well before ‘uncontrollable’ silverprices would have a chance to seriously disrupt the major industries.
daneackerman September 30, 2014 at 10:34 pm Sorry Dripfood but just in case people do not know about meta-material yet. http://en.wikipedia.org/wiki/Metamaterial
gustavsaure September 30, 2014 at 10:40 pm dripfood: So these companies you are talking about are hoarding silver because they expect there not to be a disruption?
dripfood October 1, 2014 at 8:12 am Gustav, the meta-materials are still in development and not yet mass produced. So for some while yet, silver will be cheaper than its eventual replacement.
‘Hoarding’ a PM like silver is smart in several ways for industrial users, for it can be used as collateral and will neutralize any risk of delays with the meta-materials.
n3angus October 1, 2014 at 2:19 pm what this will result in is less access to a living cost of supply available to the US Citizens which has been the benefit of the US Dollar trade currency status . Once this results in the equalization of cost of living for US Citizens to par what say the average cost of living is in the EU the Revolt in the US will result .
gustavsaure October 1, 2014 at 1:57 pm dripfood: Fascinating. I remember reading about that stuff a while ago. Maybe when we’re traveling via JC’s vacuum trains writing on quantum laptops.
Like many other ideas I find on this wonderful blog, including the central theme of a smooth transition to SDR by consolidating debt (which ignores the fact that economies run not on debt but on the rate of production of liquid fuel energy, which has plateaued), the idea of metamaterials saving us from our resource overconsumption will run up against real world constraints.
The actual physical world. Where the laws of physics will remind us that we are (once again) trying to violate them.
Between 1875 and 1950, the first 75 years of oil, the human race added 500 million people.
The following 75 years it will have added 6 billion. There is no smooth transition away from that. I look on in wonder at ideas that claim there is.
The bottom line is the world does not today run on brilliant ideas, or money, it runs on energy.
The (liquid fuel) energy pie is now fixed and is a zero sum game. Increased consumption in Asia will mean decreased consumption in the West. This will affect all resources.
Susan Morris September 30, 2014 at 4:08 pm But why?
D Mac September 30, 2014 at 4:32 pm JC, this one is way out there but I actually think it’s possible. We are talking aliens, disclosure and the like. Very well put together and sent to me by a friend I respect. If you ave a few moments I’d love your take on it. Many thanks!
daneackerman September 30, 2014 at 6:36 pm Hello D Mac. For what its worth don’t put too much faith in the disclosure side of this I did and it was disappointing and left me very disheartened.
A guy named Dr. Greer pretty much drove it into the ground and showed who is backing the alien agenda. Here is a clip of what Greer says in an interview when asked about Project Starlight.
“What was Project Starlight?
Project Starlight, I hate to admit it, was initially a code word used by a man who runs a national security think tank who was working with me. He set up my first meeting with President Clinton’s inner national security team and his CIA director, James Woolsey.
So by December of 1993, I was briefing the CIA director; I had had meetings with the head of army intelligence; I had had meetings with other senior government people, I was working with the Rockefeller family and various people who were ambassadors and heads of state from other countries.
This thing took off very quickly, so people who are just finding out about the Disclosure Project don’t know this history that I’m telling you; it will be interesting for them to know this.”
About 3/4 of the way down is key “I was working with the Rockefeller family”.
Perhaps there are ET’s but lets think about it logically for a moment.
Surely if they were able to reach us they would be much more advanced than us. As such there would most likely be some sort of Universal Law that restricted them from tainting the natural evolution of lower beings. So why would they reveal themselves to us?
In helping us they would taint our natural evolution/devolution:-). It makes more sense that the illusion of ET’s could be used by one earthbound cabal to rally the masses against another earthbound cabal.
And the icing on the cake is many time they say a “one world government” is needed for first contact.
daneackerman September 30, 2014 at 10:10 pm Sorry I forgot to leave the link. Its not a site I frequent it was a simple Google search result.
tyberious September 30, 2014 at 5:39 pm Jim Sinclair,
“I had the privilege of writing the speech many years ago when SDRs were first introduced. The same problem with SDRs then is the same problem now – they are backed by nothing.
SDRs are nothing more than pure paper and are incapable of offsetting the fear of such paper. Basically an SDR is an accounting transaction with an index mix of currencies originally devised to replace gold settlement of trade transactions with a faux currency unit.
Forget the media PR. Today it is in anticipation of large dollar and/or US treasury international sales hoping that rather than flooding the market with dollars in exchange for Euros, Swiss Francs, Cando’s and so on that SDRs would be sought after.
The problem with this reasoning is the same as it was at its last big introduction over 35 years ago.
It is paper, worse an index against swaps, that lacks the ability to attract confidence required as we move into a hyperinflationary world. This was the meat of the objecting speech on the Senate floor more than 35 years ago and is the weakness today.
This is not in any way anti-gold even if it is advertised as paper gold as it was 35 years ago.
SDRs were another scheme that gave birth to gold going from $40 to $887.50. They flopped then (they did not form the international single currency then) and will fail again. Their only impact is short term based media and governmental hype.
It is clear that there is no practical solution to this global OTC derivative meltdown. SDRs exposed the fact that our financial leaders are now flailing in the breeze. They would be well advised to devise anything new rather than seek to recreate a failure.
If used for quantitative easing it would indicate the introduction of Zimbabwean style confetti money.”
I have never claimed that I was expecting a traditional gold back currency, not full convertible that is.
All any state has to is accumulate Gold like the Swiss, allocate a percentage to their currency and there you have a strong currency. As opposed to debt back instrument requiring a Pozi Scheme to remain functional. We all hate to be wrong!
JC Collins September 30, 2014 at 6:47 pm Tyberious, you have not included any new information in your response. We all recognize the inevitable failure of any fiat scheme. But you’ve still failed to answer my question.
Comments may be made at the end of Part 2 Thank You