Benji’s Plight

In 1971, the French sent a gunboat to New York harbour to get their gold back because the USA was over-extending itself as per the Bretton-Woods agreement. It was President Nixon who was not playing by the rules. In this example, it was the Vietnam war which was being funded but without enough gold to back the expenditures. The US was inflating its own currency. Since the Franc was pegged to the dollar and the dollar was pegged to the gold that America held, there wasn’t enough gold to maintain the value of the French currency. This is why the French acted. This was essentially the beginning of what we now know as central bank money, or modern fiat money.

Why mention all this? Well it seems to me that the Chinese are de-evolving in monetary terms, going back to a Bretton-Woods type system in order that they can play the role that the US played but with their allies, instead. For that to happen, they need to back their currency with gold, and so they will need as much as they can get. Russia has also spoken about a gold-backed ruble.

Gaddafi was in the process of creating a gold-backed pan-African currency, but Libya did not have the clout to withstand the American onslaught, and we all know what happened after that. China does.

If we exclude QEII, the largest land-owners in the world are Russia, China, the King of Saud, the King of Thailand, the King of Morocco, and the King of Oman. All of these countries have large Muslim populations; even Russia is about 15% Muslim. All of them have been involved with some form of gold-backed currency, or are currently talking about implementing one. China is going to do it for them, and unite Asia in the process.

This is why Kazakh president Nursultan Nazarbayev said, at the UN, that the IMF must go and that the world reserve currency should no longer be dollars. He also said that the UN should be based in Asia. Kazakhstan is hugely rich in natural resources (oil, gold, uranium…) He gave this speech on the same day as Obama and Putin spoke, but nobody was listening.

This, in my opinion, is what we are seeing in China now. They are slowly trying to shed dollars without causing too much commotion. If they do it too quickly, they would lose a great deal of value in the process. Eventually, though, the dollar will be dumped. China did just get into the IMF’s basket, for credibility and support if nothing else, but this may be short-lived and not for the reasons most would think.

With Turkey looking east, they could collectively control all the oil and gas flowing into Europe (Turkish Stream pipeline,) and most of the water flowing into the middle-east. The east would have Europe by the short-and-curlies.

This is also why they want to ‘easternize’ Europe with a large influx of migrants. Terror is a serious issue for all these actors, not just an excuse for expansion like it is for America. Russia has an outpost called Ingushetia to guard against Chechen fighters. Even China has terror at its back door.

Energy-poor Europe really has no choice in the matter and America is powerless to stop it. This is what made Ukraine such a target. Russia is diverting all pipelines into Europe through Turkey instead of Ukraine, making the entire exercise there moot. This is what makes the middle-east, the Spratley Islands in the South China Sea, North Korea, and Lithuania so important to the west. This is why the west (and NATO) is trying to encircle Russia and break up Eurasia, but what’s the expression again…? A day late and a dollar short (pun definitely intended.)

One could draw a line from Beijing to Moscow and cross only one country, Kazakhstan. Kazakhstan may be where the new Prime Meridian passes, where the new UN headquarters might be located, and is where the world’s monopoly of low-enriched uranium (LEU) is kept. Buffett knows it, too. Kazakhstan is land-locked and so is very easy to defend.

It’s over.

China is starting to unwind, all of Eurasia will be dumping the dollar very soon (?this summer/fall?) the petro-dollar’s days are numbered (Saud has been in negotiations with Russia for years now over this very issue) and if America doesn’t wake up to this incontrovertible fact, war will be the only option. If the USA and NATO and the EU start making preparations now, perhaps there could be a way to draw this out nicely enough not to have to crash the western economy. They could also all be working behind the scenes together, east and west, knowing that the inevitable is coming. Hey, ya’ never know.

As it happens, last year, American private equity fund KKR bought Mexico’s Pemex Oil. They have secured rights to drill in the Gulf of Mexico, and now they are moving even further south. Venezuela seems to be the next target now that the Americans know they have lost the middle-east, and will soon have to leave.

“Seventy percent of Petropiar is owned by the state-run Petróleos de Venezuela, and 30% by its overseas partner, Chevron. The government has now offered to sell a portion of its shares to the Russian Rosneft, along with a stake in the rights to extract oil from the premium-grade Orinoco Oil Belt. This, of course, is no less than a stab in the back for Chevron. (Rosneft faces sanctions from the US, which, of course, Chevron does not.)

Venezuela has also expropriated shares belonging to ConocoPhillips, for which it has not yet paid, at the same time as they’re negotiating with a Japanese investment bank to obtain further funding.”

These deals, in the American perspective, are worth protecting and fighting over especially if Russia’s Rosneft gets control of some of the oil in the Americas.

“The involvement of the U.S. military in an upcoming multilateral military drill in South America has raised concerns over potential ulterior motives on the part of the U.S.

 

The drill, dubbed “Operation: America United,” will involve the installation of a temporary military base on the triple border shared by the drill’s other participating nations: Peru, Brazil and Colombia.

Clearly, the Americans know that their time under the petro-dollar scheme is winding down, and they are desperately seeking alternative sources of oil. Now that Erdogan has refused the EU membership and is looking east, even the Germans are moving their troops from Incirlik to Jordan. They too must sense that something is changing within NATO and in the middle-east.

All this talk of populism vs. globalism (I was caught up in it, too) is like so many squirrels scurrying to hide their nutz. This is also why we needed the king of all squirrels, Donald Trump, to completely dominate our lives. After two years of him dominating the main-stream media scene, much of the groundwork has been done quietly, and in the shadows.

Is It Teats-up For The American Empire?

Eurasia may be a new term all Americans will be forced to learn.
The Euro’s collapse may well be due to Turkey’s geo-political shift.
China’s debt crisis is no big deal, they’ll just liquidate their US holdings.

Kremlin advisor Sergey Glazyev reveals ‘cure for US aggression’
“The more aggressive the Americans are, the sooner they will see the final collapse of the dollar and by getting rid of the dollar this would be the only way for victims of American aggression to stop this onslaught. As soon as we and China dump the dollar, it will be the end of the US’ military might…

“In objective terms, they are conducting a global hybrid war [an American invention, btw] and in subjective terms, this war is aimed at us. Moreover, as it always happens when a global leader is changed, the war is for control over rimland nations. During WWI and WWII, Britain acted as an instigator in a bid to keep its global leadership. Now the United States is doing the same. And Trump expresses these interests,” he said.”


Turkey is turning its back on the west which will have disastrous consequences for the US dollar and all of the EU’s central banks. The quadrillion dollar derivatives market is about to become the world’s biggest eraser, rubbing out the US and EU economy in one blow. Turkey controls all the ME oil flowing into Europe and most of the water flowing into the ME.

News conference following Russian-Turkish talks
“…expansion of trade and investment exchanges, and looked at the possibility of carrying out mutual settlements in our national currencies.

“We continue our joint work on building the new gas pipeline Turkish Stream.” This pipeline is the first step in making the Ukraine obsolete as far as supplying Europe with Russian gas.

“We discussed Turkey’s first nuclear power plant in Akkuyu, in which Russia is investing a total of $22 billion.”

“A third of Russians taking breaks abroad over this May holiday period have chosen Turkey as their destination.”


Russia hits another home-run while NATO tucks its tail between its legs. More and more countries are saying NO to NATO, Finland being the latest.

Press review: Syria’s warring sides back Russia’s plan and Finland says ‘no’ to NATO

“Syrian opposition forces are ready to implement Russia’s proposal on establishing four zones for reducing tensions. Most armed opposition groups have already agreed to take part in creating these territories, the leadership of Syria’s opposition delegation, which is heading to Kazakhstan’s capital of Astana for a new round of talks on Wednesday (see below,) told Izvestia. Russian armed forces should control the zones, the Syrian parliament said. However, Damascus has refused to accept the participation of UN forces.

Telephone conversation with President of Kazakhstan Nursultan Nazarbayev

“…satisfaction with the adoption of a Memorandum on establishing de-escalation zones. They noted that its implementation by all sides would strengthen the ceasefire, improve the humanitarian situation, and on the whole promote the political settlement of the Syria crisis.

Nazarbayev has openly called for an end to American hegemony through the reserve currency, wants the UN headquarters to be in Astana, and, oh yes, controls all the world’s LEU uranium, thanks in large part to Warren Buffet.


With Syria going Russia’s way, Turkey knows it better start playing nice with Asia. Russia controls over half of Turkey’s gas imports, and a third of its coal. It is also working out a deal to supply Turkey with the S-400 missile defense platform. The days of the petro-dollar are coming to an end.

Turkey shifts its gaze towards the Eurasian Economic Union

Ankara has decided to suspend its plan to become a member of the European Union… supported by the United States since 1987.”


Still, the US presses on with its belligerence, surrounding Russia with nuclear weapons, launching sanctions, gossiping all day on CNN, all with the goal of pushing Russia to launch a first-strike so it can retaliate and say, “You see… Russian aggression.” This is just silly because if Russia does launch a first strike, it won’t be with nukes, it will be to take out all American satellites, thus rendering all US missiles and defense systems useless. America cannot get astronauts to the ISS, nor can it get new satellites into space without Russian rockets. Russia controls space, therefore, it controls the battle-space.

U.S. defense secretary to visit Lithuania

“Mattis is to meet with President Dalia Grybauskaite next Wednesday to discuss strengthening security in Lithuania and the Baltic region, and bilateral cooperation.”

Lithuanian security? C’mon, just look at a map of Lithuania. Are they going to be attacked by Poland? The only territory in danger is a small part of the Russian Federation which Lithuania and Poland surround. Just another excuse for missiles to surround Russia. Bilateral cooperation with a country so small and remote, of course, means, “Do as we tell you.”


Is this an exercise in futility? You bet it is. It’s over, and Nero is tuning his fiddle.

Prequel to this article.


Postscript

Now you may ask yourselves why I quoted TASS, the Kremlin, Xinhua, and voltairenet.org & strategic-culture.org instead of mainstream western sources? It is for the simple fact that none of them have reported any of this.