BREAKING NEWS IN YUAN FOR GOLD SITUATION
I felt it was important to follow up on the previous posting with this very interesting development on the world financial scene.
Along with
this posting read the posting below posted earlier this day (U.S. DEBT, PETRO-YUAN, GOLD, AND THE CASHLESS SOCIETY). Yesterday the news
broke that the Saudi Arabian government began arresting officials for
corruption. https://www.trunews.com/article/saudi-purge-king-rounds-up-disloyal-royals
I was
wondering what this might mean. President Trump even made a statement in
support of this Saudi move. https://www.newyorker.com/news/news-desk/the-saudi-royal-purge-with-trumps-consent
It was a head scratcher. I was praying about it last night
and this morning I found an article that may explain what is going on.
Something big may be coming.
The article
is by Bill Holter a financial person who follows these types of actions from a
Biblical perspective. He is a believer but is low key about it. If Mr. Holter’s
instincts are correct the next few weeks could be very interesting. The article
and link is posted below:
The plan comes together? by Bill Holter | Nov 6, 2017
My original thought
was to write further about the left turning on and eating each other. The
volume of news, “who” and the timing seemed to indicate something very big
coming down. However, another story broke out of the blue this morning from
Saudi Arabia that supersedes (though very well may have connections to) the
feeding frenzy.
Crowned Prince
Mohammed bin Salman had 11 princes and 38 current and former senior officials
arrested on corruption and money laundering charges. http://www.reuters.com/article/us-saudi-arrests/future-saudi-king-tightens-grip-on-power-with-arrests-including-prince-alwaleed-idUSKBN1D506
Prince Alwaleed bin Talal being the most notable arrested. The thought process
of “why” becomes scattered after the initial and obvious thought MBS is
consolidating his power after being named as next in line back in June.
Adding to the
confusion is this news of an offer of arms to the Saudis from Donald Trump
https://www.bloomberg.com/news/articles/2017-11-05/trump-tells-king-salman-he-supports-more-saudi-arms-purchases
I would also point out I do not believe there is any coincidence at all the
move was undertaken in Saudi Arabia at the same time Mr. Trump is arriving in
Asia. Of additional note was a surprise tweet from Mr. Trump “lobbying” for the
IPO of Aramco to be undertaken on the NYSE (by the way, the Chinese have
expressed a 5% interest in this offering). There are other, smaller clues but I
think we have enough here to see what may be taking place.
It is my opinion,
the Saudis are now triggering a move to accept yuan for oil. Those arrested can
be seen as players “with” the deep state and aligned with “Hillary’s crew” for
a lack of better term. Alwaleed is a major shareholder of Citi and Twitter, a
Trump basher and financial supporter of Hillary’s campaign. A look at the
others arrested show long time support of “the U.S.” and the petrodollar. One might
think Prince Salman undertook these arrests with a “lean” toward the West,
based on who was arrested I highly doubt it but we will soon see. Remember,
Prince Salman has recently met with both Mr. Xi and Mr. Putin. Saudi Arabia
also announced the purchases of S400 weapons from Russia (I asked at the time
if this was not a very bad sign for Saudi Arabia’s allegiance to the West?).
I believe Mr. Trump
very well may find out a deal is already done and nothing he can do will stop
it. I also believe had Hillary been elected, this move would have happened much
sooner but we will never know. The next week(s) could be breathtaking. The
likely scenario in my opinion will look like this; Saudi Arabia announces they
will accept yuan for oil. Mr. Trump will be informed of this, not by the Saudis
but likely from the Chinese/Russians. I believe he will be told this deal is
already consummated and not to interfere with “trade”.
The Chinese and
Russians know exactly how crooked and fraudulent the U.S. has been in business
dealings these past years … they also know of the human horrors (do you
remember Mr. Putin calling back ALL Russian school children a while back?) Mr.
Trump also knows and can have no rebuttal. They and he also know how levered
and insolvent the dollar system has become. Whether the Chinese want to move
toward an SDR based as some speculate (I don’t think so), yuan based or
anything else I do not know. What we do know is they have publicly since 2009
said the “dollar system is not fair” and that the reserve currency must be
stable …and that the dollar is not. And remember, the New Silk Road will
include and represent over 40% of the world’s population, it will only grow
from here!
As I mentioned
early on in this writing, I do not believe the frenzy of truth bombs where the
left is turning on itself is exclusive from the “petro-yuan”. The world became
fed up with the lack of “rule of law” in the US, this is not new. The fact so
many are turning on Hillary et al at the same time means something very meaningful
has changed. If I am correct and indictments begin to snowball, the US will
publicly be seen as the “swamp” it is. Confidence in anything “American” will
be broken, this is especially true for the common stock of the United States
…the dollar!
Internal turmoil
and the uncovering of massive fraud and corruption will go hand in hand as
cover, or “reason” for a move away from the dollar as the world’s settlement
tool. This I believe is exactly what China/Russia want and will demand. The
U.S./Mr. Trump will not be able to say “trust us” we will fix it. It is too
late in too many venues from banking/finance/trade etc. to turn this back. The
plan has been laid right before our eyes to see and I believe the plan is now
coming together.
Maybe I am wrong
and this is not about the petro-yuan? It is about “something” and something
VERY VERY BIG! I know of nothing bigger than the status of the reserve
currency. As I see it, the only possible response other than acceptance by the
U.S. is war? We can only hope and pray war is not our response but should not
be bet against.
Standing a very
attentive watch, Bill Holter - Holter-Sinclair
collaboration https://www.milesfranklin.com/the-plan-comes-together-2/
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