Thread by @wmiddelkoop

It’s all going to unfold …

#reset

Why?

It was all set in motion with the fall of Lehman in 2008

China, Russia understood the US couldn’t just act like all was just fine. The foundation for the $-system had been under pressure since the 1960’s when the US lost half of its gold to Europe, which led to collapse ..

of the London Gold Pool (Western central bankers trying to keep gold low @$35 en.m.wikipedia.org/wiki/London_Go…)

It failed because Europe called the US (1944) bluff ‘$ is as good as gold
They demanded physical gold bars in return for excess 💵

US gold reserves declined from 20 to 8k ton

So the US was forced to close the ‘gold window’ in 1971, making the 💵 a full fiat currency ..

The result was a dollar crisis and high inflation in the 70’s, while China and Russia still were disconnected from ‘our’ financial system. They choose to opt-out in Bretton Woods ‘44

Volcker saved the dollar(system) by raising rates to 20% and confidence returned ..

Reagonomics led to the build up of more and more debts, getting increasingly cheaper, because interest rates kept falling, creating a huge boom and ending in a tech bubble in the late 90’s ..

This crash was ‘solved’ by lowering interest rates to and creating a US real estate boom. It ended in 07 and led to the Great Financial Crisis (Lehman), due to extreme leverage in the financial system

This caused great concern in Russia/China, who joined our system in the 90s ..

Russia actually proposed to China to start dumping dollars (see Paulson memoires), however China chose to play both sides

They informed the US and demanded the FEDwould exchange mortgage backed securities for treasuries

The US agreed and China kept investing in new treasuries..

However both Russia and China stopped buying new treasuries around 2011 turning them from US friends into enemies

Now the US started to plan for regime change in Russia, through setting trap via Ukraine

US invested $5bln in the Kiev coup and installed some friends in Ukraine

The US knew they could increase more and more pressure on Putin so he would need to act in a military way ..

After Putin secured the strategic important Krim (only warm water port for their Navy) the US installed the first sanctions, carefully planned:

amazon.com/Treasurys-War-…

This war on Russia, through weaponization of the dollar was a HUGE warning sign for China, who had already stopped supporting the dollar/ US and started to prepare to gain more control over foreign countries by designing their Belt&Road initiative, giving cheap loans abroad ..

This was direct competition for the US, who used to buy friends (and bomb/kill enemies) in Africa, Latin and Middle America with IMF/World Bank loans

amazon.com/s?k=confession… explains all in great detail

Both sides knew it was just a matter of time before the confrontation between the US and China (West versus East, democracy versus autocracy) would start ..

The US planned to defend their hegemony, by controlling the Eurasian heartland, since 1904

en.m.wikipedia.org/wiki/The_Geogr…

The strategic importance of the heartland (Ukraine) was confirmed by amazon.com/Grand-Chessboa…

So creating a conflict in the Ukraine was planned a long time ago

The trap was set and Putin finally started acted in February 2022, a few weeks after meeting Xi in Beijing

After that Beijing meeting, during the Winter Olympics, they promoted this new great relationship ‘without limits’

cnbc.com/amp/2022/03/31…

So Putin knew he was backed by China when he invaded the Ukraine, shortly after the end of the Olympics

For China this war is a great and cheap way to learn more about, and weaken, their competitors/enemies

Learn, because most of the US actions/sanctions could be deployed against China in case Taiwan comes into play (not if, only when) ..

China benefits in a great number of ways ..

Western sanctions aren’t supported by the majority of the countries (over 140 countries with 6 bln people) don’t follow the western alliance, and follow a more neutral route, just like alle of the BRICS countries, including Brazil

Why don’t they support western sanctions?

They are fed up with the western double standards

Why apply sanctions on Russia when the US was not punished for invading Afghanistan, Iraq (and bombing some more)

So now it’s the US/West against the Rest

In this scenario China wins

China gained more power of traditional rival Russia as well

By not supporting Russia militarily, but helping the Russian economy by buying most of their commodities the PBoC has become ‘the central bank of all commodities’

credit-suisse.com/about-us-news/…

According to Credit Suisse strategist Zoltan Pozsar )ex FED) ‘We are witnessing the birth of a new world monetary order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West’

Zoltan: When this crisis is over, the dollar should be much weaker. From the Bretton Woods era backed by gold bullion, to Bretton Woods II backed by inside money (Treasuries), to Bretton Woods III backed by outside money (gold and other commodities)

‘Zoltan believes the global monetary system will never be the same post the crisis.
Zoltan said a crisis of commodities could be unfolding. Commodities are collateral, and collateral is money’

According to Zoltan we have gone from a ‘it’s our currency ($) but your problem’ towards ‘its our commodity, but your problem’ situation

The ‘just in time’ approach towards commodities is now replaced by a ‘just in case’ attitude in which storing costs are not that important

China is now in charge of a much greater part of world commodities and now controls Russia. When China would decide to stop supporting Putin, he has got a real problem ..

However supporting Putin is beneficial since the Ukraine war might be a trap for the US/West as well ..

China/Russia are working towards an Eurasian alliance to challenge the current dollar system, in which the manipulation of gold and silver plays an important role. They know gold is the anti-dollar, so losing control over it is a huge risk for the US

bullionstar.com/blogs/ronan-ma…

This also explains why both countries, and a few dozen more outside the West, are accumulating as much gold as possible

This flight towards gold started right after the fall of Lehman and a collapse of the house of cards was a real risk

Now the western vaults are being emptied, due to the large physical demand, a gold and silver revaluation, as being part of a greater monetary reset, is approaching fast.

Read The Big Reset for free for more details

cdfund.com/download-big-r…

As soon as Putin invaded the US blocked Russian (financial) assets abroad, and introduced a wide range of sanctions

Most countries decided not to follow and now understand financial assets with a counter-party risk are dangerous to hold

This explains the interest for gold ..