From the Toronto Resource Investment Conference, Dr. Jim Willie talks to Al Korelin.
From the Toronto Resource Investment Conference, Dr. Jim Willie talks to Al Korelin.
Here Jim W predicts (in October 2008!):
there will be “a main euro (gold backed) and latin euro that will be trashed.” This sounds like the return of the DMark type Nordic Euro and the Latin area carved off as he predictsed more recently. Now in March 2010 (17 MONTHS LATER) with the attack on Greek debt that may default anytime soon, his prediction is current news! Is this guy ahead of his time?
Money is now, has always been, and always will be worth absolutely nothing.
All money does is facilitate transactions.
Gold is not money. Gold is a commodity, not unlike any other commoditity.
@P3tr4W45H3r3 Yes. Satan would still be in power and frankly…there is no way to get rid of him, unless God did it.
we need a global currencie, and it should be money, reserve bank notes are NOT money and 1 global reserve note would be retarded to the extreme.
i dont want 1 global currency, i want many, such as gold, silver, oil, platinum ect
no one said they want the IMF to have gold any gold in your possesion would belong to you
Funny how everyone wants gold when that won’t solve the problem most of the gold is owned by the central bank, Fort knox has no more gold Reagan found that out in the 80s but everyone seems to ignore that. The fed reserve has all of fort Knox gold as corlatteral for the debt.
you may execute anyone you’d like. That WON’T stop the system…
The NWO plan seems to be to use inflation to turn 1.2 quad into pocket change. If it costs $10 million for a pint of milk – then 1.2 quad doesn’t look so bad.
The BRIC countries seem to be forcing their hand though – they are threatening a gold backed currency. That means the only response from the NWO must be to make their own gold backed currency – it will be issued by the IMF.
But if the BRIC make a gold currency – it means the NWO can’t inflate their IMF currency or they will lose gold.
There is no indirect when it comes to banksters. The Banksters do it by design. Have been since the 20’s.
I say EXECUTE all the corrupt greedy CEO’s on Wall St and the greedy bankers that caused or indirectly caused this catastrophic collapse… And when I say execute I mean no trial, directly to the gallows they go !!! They have ruined a great country and millions upon millions of lives… I feel the end is near like the Bible states will happen. The Mayan calender ends at 2012, there are no further entries beyond that year…
Then mismanaged currencies will be abandoned (for hard assets)
thats complete bull… there will never be an asset based currency… the nwo wont allow it
spring april 2009
we are going to fall flat
gold/silver buy what you can
Taxpayer money, you and your family and friends are paying to keep failing businesses afloat for a few more months
1.2 quadrillion is the world derivative market obligation (or debt) mostly hold by the U.S. (not good)
U.S. debt in trillions:
$11 government debt
$28 public debt (like consumer credit card)
$16 trade debt
social security and medicare are entitlement programs that can’t be reduced.
the entire world GDP is $60 trillions. it will take at least 70 years for the U.S. to pay off its debt if not a century. i’d say it will take 232 years to pay off the debt. that’s also how old the U.S. is.
yeah,electronic money is already backed by silver and gold right now,one is the “Pheonix” google it, was actually introduced years ago and is used right now in cashless transactions…….
I’ve heard the actual debt is really more like 4 quadrillion!
What does he mean by a “basket” – does that mean a mix of commodities ?
> I doubt Gold will have any role in an
> international currency system also. It
> certainly is Britain Woods all over agin.
It’s not going to be a paper based exchange. Whether it’s gold or not, I cannot know, but I do knot it will be commodity based.
Gold has been a currency since history began, I don’t think that’s going to end just because of a 40 year interruption of it, especially considering the consequences of abandoning it.
I doubt Gold will have any role in an international currency system also. It certainly is Britain Woods all over agin.
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