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China Makes Move To Collapse U.S. Dollar: Announces Gold Back Currency For Global Trade

The People’s Bank of China has already reduced its holdings of US treasuries below those of Japan and last announced a change in its gold reserves in 2009 when it declared a 76 per cent hike to 1,054 tonnes. Germany, Italy, France and the US keep more than 70 per cent of their reserves in gold, the last bulwark against the devaluation of money printing.

According to the article, China is recasting all of their gold reserves into small one kilo bars in order to issue a new “gold-backed” currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar.

There can be no doubt that the US dollar will soon be history. China is recasting all of their gold reserves into small one kilo bars in order to issue a new ‘gold backed’ global currency. This is surely a strategic part of their recent push to sign new trade agreements with Russia, Japan, Chile, Brazil, India, and Iran. The cat is now out of the bag, the US will be given the ‘bums rush’ by the largest trading nations in the world and the dollar will go down in flames. GATA now estimates that 80% of the gold that investors believe they have in allocated accounts is long gone, the majority of it probably wound up in China.

Here is an excerpt from Jim Willie’s ‘Hat Trick Letter’

Jims recent article starts out with…

Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena. But lately, they cannot dismiss the onslaught of evidence, a veritable plethora of ugly symptoms of conditions gone terribly wrong and solutions at best gone awry and at worst never intended in the first place.

CHINA RECASTS GOLD BARS

China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system. The big gold recast project points to the Chinese preparing for a new system of trade settlement. In the process they must be constructing a foundation for a possible new monetary system based in gold that supports the trade payments. Initally used for trade, it will later be used in banking. The USTBond will be shucked aside. Regard the Chinese project as preliminary to a collapse in the debt-based USDollar system. The Chinese are removing thousands of metric tons of gold bars from London, New York, and Switzerland. They are recasting the bars, no longer to bear weights in ounces, but rather kilograms. The larger Good Delivery bars are being reduced into 1-kg bars and stored in China. It is not clear whether the recast project is being done entirely in China, as some indication has come that Swiss foundries might be involved, since they have so much experience and capacity.

The story of recasting in London is confirmed by my best source. It seems patently clear that the Chinese are preparing for a new system for trade settlement system, to coincide with a new banking reserve system. They might make a sizeable portion of the new 1-kg bars available for retail investors and wealthy individuals in China. They will discard the toxic USTreasury Bond basis for banking. Two messages are unmistakable. A grand flipped bird (aka FU) is being given to the Western and British system of pounds and ounces and other queer ton measures. But perhaps something bigger is involved. Maybe a formal investigation of tungsten laced bars is being conducted in hidden manner. In early 2010, the issue of tungsten salted bars became a big story, obviously kept hush hush. The trails emanated from Fort Knox, as in pilferage of its inventory. The pathways extended through Panama in other routes known to the contraband crowd, that perverse trade of white powder known on the street as Horse & Blow, or Boy & Girl.

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Planet Earth

Hundreds of Birds Die Mysteriously in Rural Area of Wales

David Sims / Cover Images / SIPA

Things mysteriously falling from the sky is one of the classic Fortean phenomena. Birds dying from no apparent cause is another. That winning (or losing) combo occurred this week in a rural town in Wales no one has yet been able to explain the hundreds of dead starlings – many with their internal organs outside their bodies – found on an unclassified road near near Llyn Llywenan in Bodedern on Anglesey, an island off the north-west coast of Wales. With mysterious circumstances and no official explanation, the strange and conspiratorial theories abound.

“There’s easily more than 300 of them. I counted 150 last night but I gave up as there’s just hundreds of them littered everywhere. It’s as if they just dropped down dead from the sky.”

Dafydd Edwards reported on social media that his partner, Hannah Stevens, found the birds while driving home. She claimed that on the afternoon of December 10 she had seen a “massive flock” flying overhead before landing to eat something on the road. Less than an hour later, she said they were dead where they had been eating. It’s not clear how she arrived at that short timeframe from flying to dead in the road.

“It’s very strange, I can’t put my finger on it. There are still some alive in the hedges today but it’s all unexplained at the moment.”

As seen in Edwards’ video and photos (see them here and here), the vast majority of dead birds were in the road, where he counted 150 before quitting. North Wales Police’s Rural Crime Team counted at least 225 and some witnesses estimated the total to be over 300. They collected the carcasses (identified as starlings) and sent some to a lab for examination and toxicology tests, which means they assume the birds were somehow poisoned. Locals were not so sure.

“It’s unlikely that the birds would have been in contact with an aircraft – RAF or civilian. Bird strikes can have quite an effect on aircraft, and can cause severe damage. Even minor bird strikes are reported as a matter of course at RAF Valley, and no such reports have been fed back by our personnel.”

The Ministry of Defence answered speculations that the birds had been hit by low-flying planes with that denial. On the act-of-God side, there was talk that the birds might have been caught up in strong winds or stunned by a sudden lightning strike or loud sound, but Hannah Stevens did not report any unusual conditions. The current cause-of-all-bad-things – 5G – was blamed but no other birds or wildlife seem to be affected. A sign of the apocalypse? We’re still here and so are the residents of Llyn Llywenan.

“We’re hearing one story that it happened in exactly the same place many, many years ago so we’re just trying to confirm that as well.”

Rob Taylor, Team Manager for North Wales Police’s Rural Crime Team, added to the mystery by pointing out that locals claim another similar dead bird incident happened in the same area about 12 years ago, but no details were given and Internet searches turned up nothing.

As of this writing, the North Wales Police indicated they believed they know the cause of this mysterious bird kill but were awaiting the toxicology report. That hints of a suspicion of poisoning of some sort, which would seem to be one of the most likely causes. However, that memory of a previous event makes one wonder if something more sinister – something pre-5G – may be happening underground in Llyn Llywenan. Is anyone checking for unusual human conditions, cancers, deformities or mental illnesses amongst the residents?

Will there be a consensus? Will officials admit it if the cause is not poisoning?

What would Charles Forte think?

Source: Mysterious Universe

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Asteroid Will Make Close Fly by of Earth on Friday the 13th

NASA has been monitoring an asteroid which maintains an orbit around various bodies in the solar system and consistently passes through Earth’s orbit with the sun. 13 near-Earth objects in total are expected to fly past Earth in December of this year.

Earth is set to have a close encounter with an enormous asteroid which is set to fly nearby Earth on Friday at a speed of almost 18,000 miles an hour (more than 28,000 km/h), according to NASA.

The upcoming pass-by is estimated to happen on 8:25 am on 13 December, the unlucky Friday the 13th. The asteroid’s orbit diagram indicates that the near-Earth approach will follow the rock’s intersection with Earth’s orbit.

According to the space agency’s Center for Near-Earth Object Studies (CNEOS), the asteroid has an Earth-crossing orbit with the sun and will not approach from a diagonal or perpendicular direction and instead will flyby perpendicular to earth.

It is expected to pass by earth at a shockingly close 0.03033 astronomical units, around 1.9 million miles (more than 3mn km) away.

NASA has dubbed the asteroid 2019 XO1 and estimate that it is around 243-feet wide, about the width of a Boeing 747 plane.

According to CNEOS, 2019 XO1 is classified as an Aten asteroid, meaning that its orbit circulates around a number of celestial bodies in the solar system including the Sun, Venus, Mercury, and Earth.

The asteroid has a tendency to intersect its orbit with Earth’s, typically when it is furthest away from the sun.

3 December marked the first time 2019 XO1 was identified in its frequent encroachment on Earth. It also comes close to Mercury and Venus but, unlike its proximity with Earth, it does not cross the paths of the two other planets.

The body first came near Earth on 17 November 2013, missing the planet by 0.09488 astronomical units, around 8.8 million miles.

Following its passing on Friday the 13th, the asteroid will not come back from Earth’s outcrop of the solar system until December 22, 2022, where it will creep as close as 0.09534 astronomical units, up to 8.9 million miles (more than 14Mn km) away.

Sputniknews
Image credit: © CCO

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Planet Earth

Los Angeles and Chicago Are Readying to Erase 68,000 Nonviolent Marijuana Convictions

Phillip Schneider, Staff Writer
Waking Times

The cities of Los Angeles and Chicago are taking a big step toward ending the damage caused from the war on drugs by getting ready to expunge nearly 70,000 non-violent marijuana convictions from citizen’s criminal records.

Kim Foxx, Cook County’s State Attorney in Chicago, is preparing to eliminate misdemeanor convictions of close to 18,000 residents which she argues will help mostly racial minorities get back into the housing and job markets, whereas having these cannabis crimes on their record sets up a barrier between them and these life essentials.

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