Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:


% of readers think this story is Fact. Add your two cents.

On 5/11/14, stage3alpha < [email protected]> wrote:
> Jim Willie: BRICS 80 Preparing To Take Down The Dollar
> Dr Jim Willie has been talking about the BRICS nations (Brazil,
> Russia, China, India and South Africa) being joined by other nations
> to take down the dollar. He says there are now 80 nations in the BRICS
> alliance who have joined together to end the dollar’s reign as the
> international reserve currency. China could have taken down the US
> economy any time it wanted to after it had accumulated more than a trillion dollars in US Treasury bonds.
> All it had to do was to sell them and buy real assets until the US
> government collapsed and surrendered.
> The Chinese are playing a much more sophisticated game. Their goal is
> to take down the dollar and the British pound but not to hurt their
> customers in Africa, Latin America, Australia and elsewhere. He thinks
> a Northern euro will emerge leaving southern Europe and France far
> behind. Italy’s future was hurt when they mistakenly decided to send
> half of their gold to New York. That gold is in Asia along with the
> bullion from the Netherlands and Germany. Dr Willie agrees with Jim
> Rickards who says the dollar will be devalued 80%. This will make
> imported goods 500% more expensive. And it will also enable foreigners
> to buy food off the shelves of America and Great Britain. Please note
> that the British pound is being targeted by the BRICS
> 80 as well.
> Dr Willie also believes that J P Morgan and other financial firms in
> the US and the UK are helping China to manipulate gold and silver. The
> Chinese want to buy gold for a low price and spend it at a much higher
> price when everything goes to hell and Americans have to sell off
> their few remaining assets to feed themselves. He says the London and
> New York banks have been sending a thousand tons of gold to China every month since April of 2012.
> The dollar will collapse and the price of gold will skyrocket when
> there is no gold left in London and New York to send to China.
> The Federal Reserve balance sheet has grown from $800 billion in 2009
> to
> $3.9 trillion today. That is almost a 500% increase in less than 5 years.
> You would think that would be inflationary. But the federal government
> lies about employment, economic outlook and inflation. John Williams
> at Shadow Stats says the inflation rate is really almost 9%. Since GDP
> is flat, the real economy after factoring in the inflation rate is contracting at 9%.
> Dr Willie emphasized the collapse in the velocity of money in the US.
> Your GDP equals the Money Supply times the number of times money
> changes hands (Velocity) in the course of a year. The Velocity of
> Money fell from
> 1.6 in 2009 to .7 today. That is a decline of 56.25% in less than 5 years.
> People outside the United States often use media sources not
> controlled by the Big Six US Media. These numbers indicate the bottom
> will fall out of the market sooner rather than later.
> He has zero confidence in Greenspan, Bernanke and Yellen. If
> Quantitative Easing (QE) actually worked, why did we replace QE1 with
> QE2?  The figures the Federal Reserve released saying QE was cut $10
> billion a month were contradicted by Belgium buying $30 billion in US
> Treasury bonds a month. So instead of cutting back ten they added 20.
> Look at the employment figures. America supposedly has an unemployment
> rate of 6.3%. More than 800,000 people dropped out of the labor force
> because there was no work. The Labor Department added 234,000 jobs out
> of thin air based upon what is called the Birth Death model. What it
> means is that normally small businesses are creating jobs and hiring
> people. We have to assume these jobs are out there and these small
> companies will eventually report their new hires. Gibberish. This
> government is doing everything it can to run small businesses and
> farmers into the ground so monopolists can take over manufacturing,
> retail and agriculture. So what if there are no jobs and the price of
> beef, pork, chickens and eggs are going way up. The important thing is
> that campaign donors can squeeze the life out of you with every utility bill or with every trip you make to the grocery store.
> If someone tells you the US economy is in recovery, please tell them
> that 90% of all new car loans are subprime. This and the drastically
> declining Velocity would indicate to me that the American economy is
> on the verge of collapse. Foreign manufacturers will have to aim their
> product marketing to the BRICS 80 nations after the dollar and the pound collapse.
> Dr Willie thinks the Ukraine will collapse by September. They have no money.
> They cut pensions in half. The IMF loaned them money provided they
> went to war against the secessionists in the eastern Ukraine. The US
> stole Ukraine’s gold. The Ukraine has decided to take a billion
> dollars of their IMF loan to buy gold to replace what the Federal
> Reserve stole from them. He also thinks that all the sanctions placed
> first on Iran and now on Russia have been extremely counterproductive.
> Putin who is of Jewish descent had heretofore been reluctant to aid
> Iran, but has recently been forced to agree to buy
> 500,000 barrels of Iranian oil a day. The Turkish banks played a
> pivotal role in breaking the Iranian sanctions by setting up gold for oil schemes.
> This is evolving into a drive for a regional currency in the Persian
> Gulf which will be gold and possibly oil backed.
> Jim Willie made reference to the USS Donald Cook, a destroyer. It was
> in the Black Sea when a Mig-24 flew overhead and shut down the
> American ship’s defenses. That is not a good sign if there is a real
> shooting war in the near future.
> Panama has lots of gold. They are talking to several Central and South
> American countries about setting up a regional currency that is gold,
> copper and oil based.
> Dr Willie discussed China’s Shanghai Free Trade Zone. It accepts
> certain firms as Trusted Traders. What this means is that there will
> not be a lot of customs and tax officials going through your
> shipments. If you are on the approved list, your goods will flow through freely without interference.
> There will be a vigorous trade in gold and silver bullion. And they
> will have truly anonymous banking. The Chinese like this so much that
> they have decided to build two more Free Trade Zones.
> The US dollar is gradually being replaced as the currency of choice
> for drug dealers and gun runners. The Big Banks launder a trillion
> dollars a year in illegal drugs and weapons. They also launder $500
> billion a year in political bribes. If you were a drug dealer,
> wouldn’t you prefer to do business in Shanghai rather than in
> Switzerland which has caved in to the US Treasury Department? This is
> highly significant. In 2008 the Big New York Banks called all the Drug
> Cartels in the world promising them God only knows what if they would
> just send money to their Manhattan branches to keep the dollar from
> collapsing. They saved America from a run on the banks. The Drug
> Cartels might prefer to keep their money in those new Chinese kilogram gold bars in Shanghai during the next economic crisis and let the dollar sink.
> Even Arab billionaires are joining the Chinese. They are sending their
> 99.95% pure 400 and 100 ounce gold bars to Switzerland to be smelted
> down into higher grade 99.999% pure gold kilogram bars. These bars
> will be the new standard in international trade settlement. China
> started smelting the gold they receive from the West down into
> kilogram bar size. The Chinese even started a Gulf States initiative
> with the Saudis. And they promised a
> $100 billion in investments for Africa at their Beijing Conference in 2010.
> Obama has countered the Chinese offer with ‘An All the Drones You Want’
> policy that for some reason is not popular in Africa and the Mideast.
> If the US and UK illegal drug markets crater after the dollar and the
> pound are devalued, it might be a good time to legalize heroin,
> cocaine and marijuana.
> Dr Willie stressed the point that to set up a gold or oil based
> currency, you will need to have very close and very strong relations
> with commodity markets. The Chinese and the BRICS 80 nations are
> laying the ground work now and are being accelerated by American
> sanctions.  China in 2013 bought Goldman Sachs’ aluminum and
> industrial metals warehouses.  A Russian conglomerate bought the Morgan Stanley Energy Desk.
> I previously wrote that I believe the devaluation of the dollar will
> be on the agenda for the Bilderberg Conference scheduled for the end
> of May in Copenhagen with June 1st as their getaway day. The agenda is
> set by the Rothschilds and their closest associates in the 30 Ruling
> Families. Their agenda is implemented through the Bilderberg Steering
> Committee. The other Bilderberg participants are invited to discuss
> matters until an agenda item from the Steering Committee is agreed
> upon. Then everyone goes home and carries out the will of the 30
> Ruling Families. If people around the world see authoritative articles
> in the press calling for devaluation of the dollar and the pound, then
> investors might be spooked or even stampeded into dumping dollars
> prematurely. Usually Hedge Fund managers are smart enough to figure
> out that they cannot take on the Federal Reserve. The US government
> has 2 million private contractors in the intelligence and security
> area. And they have 25,000 active duty Special OPs troops to make sure
> the will of Wall Street is the Law of the Land. The Federal Reserve is very powerful, but no organization is stronger than the markets.
> There is a steady progression to these events but when people see the
> avalanche coming, the momentum towards abandoning the dollar and the
> pound will grow exponentially. I see devaluation leading to
> Hyperinflation sooner rather than later. At a minimum the euro will
> split into northern and southern units assuming the European Union
> survives. This devaluation of the dollar will end the US military as the dominant force in the world.
> ——————–
> To control which emails you receive on stage3alpha, or to opt-out, go to:


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 13 comments
    • Ridd10

      You fail to realize one things this is all dependent on a gold based currency. The BRICs are trying to create such a currency. The Banking elite know this, and will not easily allow what has taken them several centuries to create be destroyed so easily. So they have planned ahead.

      The gold supply has been contaminated with fake gold bars. Tungsten bars coated in enough gold to pass inspection, have been found floating around the market for a couple of years now. You here about them every now and then but for the most party they keep it under raps.

      This is the master plan,

      STAGE 1:
      The Banking elite allow the BRICs to launch their plan, they will position their money ahead of time to make a killing of the dollars collapse.
      STAGE 2:
      Then when the US dollar is a a certain point they buy back in to the dollar with there now increased wealth and buy up everything.
      STAGE 3:
      Reveal the fact the the gold supply has been contaminated and that all the gold that the BRICs are using is worthless. This will cause a massive panic among those who switched over. Their gut instinct will be to run back to what is tried and true the US DOLLAR. Except it will cost them more to get back in than it did to get out.
      STAGE 4:
      With the BRICs currency in a free fall the Banking Elite swoop in and do to the BRICs what the BRICs intended to do to them.

      Good old fashion rope a dope. Or the Elites could pull the Rug out from under them the minute they try to move. Either way we get screwed.

    • Veritas

      Nice P A S T E

    • Dominus Vobiscum

      @Ridd10, the Chinese are melting and re-casting the gold bars, no?

      I can’t imagine the West getting away with a stunt as juvenile as fake bars.

      TRYING it? Yes. :lol:

    • The Hot Gates

      Can’t blame them. We’ve lied to them, stolen from them and cheated them…and we won’t pay our debts. That’s when we’re not bringing them ‘freedom and democracy’ at the point of a gun.

    • Jango

      The next event will be the collapse of the economy followed by war. Read about it in the End Times Prophecy at

    • No time

      Believe it or not, the Illuminati plan world events at least 50 years before they happen. This is the secret behind Steve Jacksons Illuminati Card Game, they have it all planned for us. The Illuminati hashed their plan to make China the world manufacturer way back in the 1930′s. What ever happens may seem like chaos to the people, but to the Elite, it will be mission accomplished.

    • barebones

      What happens to “useful idiots” when they become no longer “useful”?

    • Anonymous

      Jimmy Willie is always F.O.S. with “unnamed sources” and trash

    • Anonymous

      I’m a South African watching this drama play out from a distance. But I, through the internet am not ignorant of world affairs. Do you Americans realize how much the rest of the world hates the USA and NATO? We’ve sat here and watched how the “Coalition of the Willing” has attacked and smashed country after country with no credible provocation. 911 being an example of a sick government attacking its own people. The USA can’t stand Putin because he is one of the few world leaders that can actually stand up to the Hegemony of the USA and her Allies without fear. I actually can’t wait to see the collapse of the US Dollar, or see China or some other country do an EMP attack on the continental USA. I do feel sorry for Americans who have lost their jobs and become homeless due to the corrupt government of the USA. Also the average Joe who still adheres to the American Constitution. But for the rest of them, they voted for their leaders and they have them now. We, the rest of the world have had enough!!!! That’s why I look to Putin as a hero, and I’m glad our country is a member of BRICS. If there is a war, I hope the ‘Eastern Block’ wins.

      • Anonymous

        Israel’s PLAN ….. create CHAOS and DEGENERATION throughout the world, then tear down America, leaving NUCLEAR ARMED Israel in charge.

      • NiL8oR

        I could not have said it better!! I use to think the US was a country that deserved respect, but now it is time to put the sick dog out of its misery!! When you think absolute corruption, only two countries seriously come to mind: Britain and the USA.

    • JesusAlready

      You know what???

      If BRICS can’t take down the dollar, and doing so would be bad??? Maybe I should.

      How about I take down the dollar, but this time doing so would be great??? Okay. I can do it. It’ll take me ten days.

      Day 1 – Identify that the dollar is definitely toasted to a poof, in nine more days, we make it go poof. We replace it far stronger. Far more to you each. Not an enumerated platform. A peer to peer blockchain. Decentralized. Everyone is a bank now.

      Day 2 – Identify the $ symbol has outlasted it usefulness: arrive at the g symbol for gratitude

      Day 3 – Write the user guide for a gratitude based specie of money, order the printing of 8 billion block-chain identifiers to be printed in micro-printing and duplicated for the public record and to be useful in tech support if someone loses or damages their card.

      Day 4 – Day 5 – upload the names of all men, women and children to the gratitude server and make their email address – 8 + billion people.

      Day 6 – Mass broadcast the coming financial system revision in 4 days – shown with a countdown timer

      Day 7 – Compile the 8 billion names of living people, record all of them as a 1 Quadrillionaire in gratitude value

      Days 8 and 9 startup the server and get through acceptance testing and certification and do DNS push globally.

      Day 10 – Becomes day 1. Everyone now buys and sells in gratitude. Everyone only needs to purchases a week or two at a time to help keep everyone full up and keep the transport lanes flowing smoothly.

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.