9 Signs That China Is Making A Move Against The U.S. Dollar

reply to post by Bassago

...Those are the people we blame for the current crisis we are in. They failed to hold their government accountable and in the end the completely failed themselves and their families.

These are most likely the same people that believe their government should be out policing the world according to Western traditions, morals, ethics, values, mores, norms, etc. I wish there was still a puke icon.

You missed the whole point of my comments. IT IS NOT THE USA!!!!

We are the serfs, the slaves, the cannon fodder, the sheeple being sheared!

Look at the darn history. It has been international in aim and based in Europe from the start.

The speech of Sen. Daniel Webster, during the debate over the reauthorization of the Second National Bank of the U.S. in 1832, summed up much of the American view toward money in general...

“A disordered currency is one of the greatest of evils. It wars against industry, frugality, and economy. And it fosters the evil spirits of extravagance and speculation. Of all the contrivances for cheating the laboring classes of mankind, none has been more effectual than that which deludes them with paper money. This is one of the most effectual of inventions to fertilize the rich man’s field by the sweat of the poor man’s brow. Ordinary tyranny, oppression, excessive taxation: These bear lightly the happiness of the mass of the community, compared with fraudulent currencies and robberies committed with depreciated paper.”

SOURCE

So the fight against the international banksters was alive and well two centuries ago.

The Fabian Society was founded on 4 January 1884 in London. SEE The History of the Fabian Society By Edward R. Pease Secretary for Twenty-five Years

History of the Fabian Society

Chapter I

The Sources of Fabian Socialism

...It is nowadays not easy to recollect how wide was the intellectual gulf which separated the young generation of that period from their parents. "The Origin of Species," published in 1859, inaugurated an intellectual revolution such as the world had not known since Luther nailed his Theses to the door of All Saints' Church at Wittenberg. The older folk as a rule refused to accept or to consider the new doctrine. I recollect a botanical Fellow of the Royal Society who, in 1875, told me that he had no opinions on Darwin's hypothesis. The young men of the time... accepted them as a matter of course... Professor Huxley, in brilliant essays, was turning to ridicule the simple-minded credulity of Gladstone and his contemporaries....

Thomas Henry Huxley became known as Darwin's bulldog. He was the paternal grandfather of Julian Huxley.

Over the course of his lifetime, Julian Huxley developed a multifaceted position regarding eugenics, the applied science of improving the genetic composition of the human population....

Huxley’s position on eugenics is detailed below in an analysis of several of his most influential publications on eugenics, education, and race: his 1933 paper entitled “The Vital Importance of Eugenics,” his 1946 publication of the goals of UNESCO after becoming the organization’s first director-general, the UNESCO 1951...

In 1931 Julian Huxley visited the USSR, he admired the results of social and economic planning on a large scale he saw there. Later, back in the United Kingdom, he became a founding member of the think tank Political and Economic Planning.

Oxford University Press
Political and Economic Planning (act. 1931–1978), a group composed of leading figures from business, government, and academia, conducted inquiries into issues affecting British government and society in the twentieth century. Including the broadsheets published as Planning, it produced over 700 publications, of varying length but all substantial. It addressed important questions of social and economic policy, and also brought key issues to the attention of a wider public. Its publications were frequently discussed in the press....

In the meantime in 1902 Cecil Rhodes died. According to their propaganda

THE RHODES SCHOLARSHIPS Leaders for the world's future

The will of Cecil John Rhodes (1853-1902) created the Rhodes Scholarships, and appointed Trustees to oversee their implementation. Rhodes designed the Scholarships for the purpose of educating future leaders for the world who would be committed to service in the public good, and whose interactions in Oxford would promote international understanding. He had studied at Oriel College and believed that Oxford's collegiate system fostered broad views and personal development. Rhodes Scholars were to be chosen on the basis of innovative criteria - excellence in intellect, character, leadership, and commitment to service.... 'The object is that an understanding between the three great powers will render war impossible and educational relations make the strongest tie.'

... in 1929, wholly remaking the geographic basis on which the Scholarships are awarded in the United States; opening up all but four of the Scholarships to women as well as to men in 1976; the opening up of those four remaining Scholarships (for named schools in South Africa) to women in recent years. During the first 100 years after Cecil Rhodes's death, the Trustees added at one time or another nearly another 40 Scholarships...

Rhodes left his fortune to Nathan Rothschild.

..Rhodes wanted to expand the British Empire because he believed that the Anglo-Saxon race was destined to greatness. In his last will and testament, Rhodes said of the British, "I contend that we are the finest race in the world and that the more of the world we inhabit the better it is for the human race. Just fancy those parts that are at present inhabited by the most despicable specimens of human beings what an alteration there would be if they were brought under Anglo-Saxon influence, look again at the extra employment a new country added to our dominions gives."

....In his first will... Rhodes wanted to create a secret society that would bring the whole world under British rule.[8] The exact wording from this will is:

To and for the establishment, promotion and development of a Secret Society, the true aim and object whereof shall be for the extension of British rule throughout the world, the perfecting of a system of emigration from the United Kingdom, and of colonisation by British subjects of all lands where the means of livelihood are attainable by energy, labour and enterprise, and especially the occupation by British settlers...

en.wikipedia.org...

Lord Nathan Rothschild appointed Lord Milner to implement the Fabian Society plans. The City of London & the Fabian Society: History & Current Plans

If the Chinese start buying up our land, future generations are going to be sol. We have land that has been passed down among Grandparents, Parents, Aunts, Uncles, and Cousins for over 200+ years. It is rented out to farmers and the lumber sold off occasionally. Houses and Barns on the properties were rented out, a renter burnt one down. Lightening burnt down a barn that the painters forgot to put the grounding rods back on. You can not eat gold, or live on it. With farm land you can grow your own food. Paid off land is my favorite investment idea. The Chinese people are very hard workers, good students, and very competitive people here in America. When you get lazy and stupid you lose it all.

I heard that during the recession the Chinese bought a lot of Florida Vacation homes that were foreclosed on.

I guess this is what you get when you hold the world reserve currency then acy like 5 years olds.

The US goverment brought this on thereselfs

reply to post by MikhailBakunin

what does all this lead to though?

Is China trying to take over the world one step at a time? Will it force a World War? Where's the one liner doom and gloom we THIRST for here at ATS?

I do not do one liners. I expect people to have enough curiosity and intelligence to look at the evidence and follow the logic. (Yeah, I know wishful thinking.)

Is China trying to take over the world one step at a time?
Possibly. They have already seen how the IMF and the World Bank used Structural Adjustment Programmes (SAPs) to control third world nations. LINK They are already spreading influence to Africa making deals for large tracts of land to grow food.

On top of that China has no love of Great Britain. Never forget the Opium Wars with China FINALLY getting back control of Hong Kong you can be dead sure the Chinese have not.

GOLD

At this point things get interesting.
Both Russia and China have been rattling the cage for several years making it obvious they want to see the end of the US Dollar as the World Reserve Currency. The USD being a fiat currency controlled by bankers and not the US government. NEVER FORGET THAT. See: A Primer on Money, Committee on Banking and Currency OR The Federal Reserve debunked, Patman & McFadden

You can be sure that if I and others at ATS can figure out the US government and the EU are puppets of the international banksters so can the Chinese.

Pitched Currency War & USDollar Rejection

02/11/2013
Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, "It is the constant drop in the dollar's usage as a contract mechanism internationally. No one sees this but it is the Hammer of Thor on the head of the dollar." The rejection of the USDollar in global trade will mean the end of the abused privilege in a currency turned toxic.

You then had the The Cyprus Bank Haircut in May 2013 that directly impacted Russia.

In May 2013 Australia Enters Direct Currency Trading Agreement With China

In July 2013 China Maneuvers To Take Away U.S.' Dominant Reserve Currency Status

On September 05, 2013 the BRICS countries, China, Russia, Brazil South Africa and India decide to thumb their nose at the IMF and World Bank. BRICS agree to capitalize development bank at $100bn

At this point you need to look at GOLD.
Congress has no idea of how much gold is in Fort Knox. The banks won't let them count it. Calculations show the USA has no 'Good Deliverable Gold' left. The Great American Disaster: How Much Gold Remains In Fort Knox? Remember this was the gold confiscated from US citizens by FDR to back the Federal Reserve bank script.

So what is going on now. FIrst China for several years has encouraged her citizens to BUY GOLD. China Urges Citizens to Buy Gold and Silver. Next the Chinese government has been buying up gold. China Working Quietly To Buy Up Gold.
Putin Turns Black Gold to Bullion as Russia Outbuys World

Next is Mining Gold.
Global Gold Mining Production. For the map, click the center then hover over a country. For the actual amounts go to the bottom left of the map and click the magnifying glass.

Three of the BRICS countries have increased gold mining and they are the world's top producers. The US has gold But the UNITED NATIONS BLOCKED the mine near Yellowstone. LINK As does Dianne Feinstein’s Surreptitious California Desert Protection Act: ...This desert preserve would increase by 29,000 acres to include a former gold mining area.
Note as the price of gold rises 'Former' mines become profitable again.

In a nutshell
Russia and China want to get rid of the USDollar as reserve currency they orginially indicated they wanted IMF SDRs instead. (They are based on gold) The Banksters said NO! Russia and China then started purchasing or mining gold as fast as they can while the idiot traitors we have as politicians BLOCK our access to our gold. The BRICS countries including the three larges gold producing nations are forming an international bank and China has a side deal on currency with the fifth top gold producer.
......

From the IMF (International Monetary fund)
Special Drawing Rights (SDRs)
The role of the SDR

The SDR was created by the IMF in 1969 to support the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves—government or central bank holdings of gold and widely accepted foreign currencies—that could be used to purchase the domestic currency in foreign exchange markets, as required to maintain its exchange rate. But the international supply of two key reserve assets—gold and the U.S. dollar —proved inadequate for supporting the expansion of world trade and financial development that was taking place. Therefore, the international community decided to create a new international reserve asset under the auspices of the IMF.

However, only a few years later, the Bretton Woods system collapsed and the major currencies shifted to a floating exchange rate regime. In addition, the growth in international capital markets facilitated borrowing by creditworthy governments. Both of these developments lessened the need for SDRs....

This put the whole world on a banker controlled Fractional Reserve Banking System allowing them to rape and control countries at will.


The fecal material must really be hitting the pants of the Banksters who thought they had all the top cards in getting a World Government THEY controlled.

MORE POPCORN!

If you have ever seen a photo of the Chinese at the beach for the day. You would see an areal shot of all people, no sand beach visible and the water is also filled with people! The Twains do not want the Chinese to come to their island on the weekends because the Chinese eat up and buy up all their products so they have nothing for their own people!

It is all about getting more LAND. Gold is a means to getting the LAND.

The Japanese already bought up a lot of the Northern Indian Farm land and turned it into corporate business. In Kentucky they had many factories, such as Mashusta in Danville. Using the Kentuckians for cheap labor. They are here already taking over! Florida will be the Chinese vacation spot before you know it. Paris is filled with Chinese buying all the high end clothing at La Gallery de Layfayette! Buying up $5,000 in USD shoes! I forget what the Euro equivalent was. Some lady was in the elevator talking about her daughter's book bag she bought in Hong Kong the week before.

These people speak three languages or more! We are so lazy here in America and we aren't making the smart choices. People spend their time misbehaving and making everyone else's lives a hell. Its all X factor, computer games, drinking, tattooing, drugs, divorcing , etc... I believe people with no empathy and who lack strong family values produce a weak economy. People don't think long term consequences and results. No one seems to care anymore about anything.

reply to post by MikhailBakunin

what does all this lead to though?

If you read my comments and add in Bankrolling the Bolshevik Revolution, It becomes pretty clear the bankers under the guise of Communism, Progressives, Fabian Socialists or what have you thought they had control of large chunks of the world. Russia and China were already 'Converted' so they were focusing on destroying the US Constitution from within and expanding on their idea of a world government based on the European Union model. (They tried two models, The USSR and the EU.)

In the mean time Russia and China decided they weren't happy with the situation. The Chinese have always been intensely nationalistic and 'racist' and now so is Russia. The whole big propaganda campaign against racism may be working in the USA and the EU but it is not working in Russia and China nor in South Africa who only grudgingly gave up Apartheid due to outside pressure. The destruction of Rhodesia under black rule sits as a visible reminder. And India another BRIC nation has always had a 'caste' system.

In Russia, politics and nationalist pride are the basis of Putin’s anti-American turn

First, Vladimir Putin accused Hillary Rodham Clinton of inciting protests against him at the end of 2011.

The next fall, the Russian president threw the U.S. Agency for International Development out of his country. Then he decided civic groups that get U.S. financing must be foreign agents.

By the end of last year, Putin decided Americans had become unfit to adopt Russian children. This summer, he decided to harbor Edward Snowden, the National Security Agency document leaker, despite strenuous U.S. objections....

For Putin, it’s not personal. On that his defenders and critics agree.

Supporters say Putin is simply standing up against a United States that thinks it alone knows what’s best for the rest of the world...

Putin sees himself standing up for the sovereignty of other nations, checking America’s unilateral use of force around the world. He does not think the Arab Spring made the Middle East a better place....

Remember the International Banksters use American soldiers as cannon fodder. Model U.S. soldier refuses U.N. duty Medic says he joined to serve America, not a 'foreign power'

Judicial Watch recently obtained “educational” materials from the Department of Defense (DOD) depicting conservative organizations as “hate groups” The document even uses the "Founding Fathers" and and "anti-globalization rallies" as examples of Exremists! I kid you not.

D. Extremist Ideologies
1. Introduction
• As noted, an ideology is a set of political beliefs about the nature of people and society. People who are committed to an ideology seek not only to persuade but to recruit others to their belief. In U.S. history, there are many examples of extremist ideologies and movements. The colonists who sought to free themselves from British rule and the Confederate states who sought to secede from the Northern states are just two examples...

2. Ideologies
a. Nationalism – The policy of asserting that the interests of one’s own nation are separate from the interests of other nations or the common interest of all nations. Many nationalist groups take it a step further and believe that their national culture and interests are superior to any other national group.

b. Supremacy – The belief that one’s race or ethnicity is superior to all others and should dominate society. Supremacy, as with racial supremacies in general, has frequently resulted in anti-Black and anti-Semitic violence.

c. Separatism – Setting oneself or others apart based on culture, ethnicity, race, or religion....

d. Anarchism – A political ideology that considers the state to be unnecessary, harmful, or undesirable. ....protesters wreaking havoc at political conventions and anti-globalization rallies.

The Banksters completely control the US government. Top Senate Democrat: bankers “own” the U.S. Congress Dick Durbin's confession ought to be major news, yet it won't be... Mainly because the US news media is OWNED by the bankers.

U.S. Congressional Record February 9, 1917, page 2947

In March, 1915, the J.P. Morgan interests, the steel, ship building and powder interests and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press in the United States.

“These 12 men worked the problems out by selecting 179 newspapers, and then began, by an elimination process, to retain only those necessary for the purpose of controlling the general policy of the daily press throughout the country….

JP Morgan: Our next big media player?

If U.S. Bankruptcy Judge Kevin Carey today approves Tribune Co.’s reorganization plan, enabling it to emerge from Chapter 11 bankruptcy protection, New York-based banking giant JP Morgan Chase will become a significant media player, owning more television stations than any major network and becoming America’s second largest newspaper publisher….

Judge OKs Tribune reorganization plan

…Sources said the members of new ownership group, which also includes distressed-debt investor Angelo, Gordon & Co. and lender JPMorgan Chase & Co., are still mulling candidates for board seats and for chief executive….

So the Banksters are now between a rock and a hard place.

They built up the US manufacturing base by wiping out independent US farmers and forcing them into cities and factories. This was a main goal of a Rhodes-Milner Round Table Group, The Commitee on Economic Development right after WWII LINK Once the Cold War between the USA and USSR ended they then got rid of US manufacturing using Regean's era of Corporate Raiders and Leveraged Buyouts to destroy American mid-sized corporations followed by the Bush-Clinton World Trade Organization that exported US manufacturing jobs to India, Mexico and China.

Now their plans are reaching fruition and the BRICs countries are turning NATIONALISTIC!

MORE POPCORN!

One more point of no return from the US failure China take over as worlds financial giant rt.com... from the link

China, gold prices & US default threats

William Engdahl is an award-winning geopolitical analyst and strategic risk consultant whose internationally best-selling books have been translated into thirteen foreign languages.

Get short URL Published time: October 21, 2013 10:50
24 karat gold bars are seen at the United States West Point Mint facility in West Point, New York June 5, 2013. (Reuters/Shannon Stapleton)24 karat gold bars are seen at the United States West Point Mint facility in West Point, New York June 5, 2013. (Reuters/Shannon Stapleton)
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In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It is worth a closer look why.

Since August 1971, when US President Richard Nixon unilaterally tore up the Bretton Woods Treaty of 1944 and told the world that the Federal Reserve ‘gold window’ was permanently closed, Wall Street banks and US and City of London financial powers have done everything imaginable to prevent gold from again becoming the basis of trust in a currency.

On Friday, October 11, when there was no sign of any deal between US Congress members and the Obama White House that would end the government shutdown, the Chicago CME Group, which operates Comex - the Chicago Commodity Exchange, where contracts in gold derivatives are traded - announced that at 8:42am Eastern time the trading was halted for 10 seconds after a safety mechanism was triggered because a 2-million-ounce (56.7 million grams) gold futures sell order was executed.

Something rotten in gold market
The result of that huge paper gold sale was that at just the time when a possible US government debt default would send investors in a panic rush to the safety of buying gold, instead, the price plunged $30 an ounce to a three-month low of $1,259.60 an ounce. Market insiders believe the reason was direct market manipulation.

David Govett, head of precious metals at bullion broker Marex Spectron, calls the sudden huge futures sale suspicious.

"These moves are becoming more and more prevalent and to my mind have to either be the work of someone attempting to manipulate the market or someone who really shouldn’t be trusted with the sums of money they are throwing around. There are ways of entering and exiting a market so that minimum damage is caused and whoever is entering these orders has no intention of doing that," Govett said.

UBS gold trader Art Cashin echoed the suspicion.

“…if that happens once it could be an accident of technology, or it could be a simple error. But when it happens five times over a period of months, it does raise questions. Is it being done purposefully? Is somebody trying to influence the market?”

popcorn ?/ nuked or fire popped?

reply to post by crazyewok

I guess this is what you get when you hold the world reserve currency then acy like 5 years olds.

The US goverment brought this on thereselfs

I will repeat IT IS NOT THE USA it is the FEDERAL RESERVE which is controlled by the International banking Cartel!

Until you get that through your heads, you will be going down the path the Banksters are leading you.

Luckily the Russians and Chinese are not so dumb.

reply to post by superman2012


The USA is incapable of assimilating any nation through open force, and this has been proven time and time again since Korea. What makes you think they could stand toe to toe with an army as massive as China's? They had better hope they are defending and not trying to invade China for any hope of success without mutual destruction (which the yellow bellied wastes of life in the Government will surely opt for).