JIM WILLIE: Germany to Back NEW BRICS Gold-Backed CURRENCY! [transcript]

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In an interview with Goldseek, Dr. Jim Willie says, “It’s not just gold and silver that are being adversely affected by artificially low suppressed prices.

Every week or two we hear another story about a major gold mining firm that shuts down or delays big projects. 

We are going to see a MASSIVE shortage of copper, silver and gold, and more precisely at the time when demand is maybe going to start increasing as a hedge against a wrecked system. 

People ask me, as they say they can see the gold price getting to 7 or $8,000, but how is it going to get into the teens? 

It will be the remedy for the Swiss allocated gold accounts that were stolen. A lot of it was Gulf Arab money. We are going to have no trouble getting past $10,000 in the gold price and no trouble getting past $200 in silver. I’m actually more optimistic about a 50-fold rise in the silver price. I have no trouble at all thinking we are going to get to $400 or more.

I’ve been asked 3 times in the last month: Is platinum or palladium a good investment? I say, NO – it’s not a monetary metal.

The BRICS nations are going to make a gold and silver-backed currency. And Germany is going to back it. With all this enormous demand for a BRICS gold central bank, it is largely going to be handled through Shanghai and maybe Dubai. The BRICS are also going to bring about a gold-trade note that is going to serve as a Letter of Credit for commerce between two nations.

We have lots of different avenues for gold demand coming down the pike. What we don’t have is supply!

I think the US and London are drained, that their power is gone and they are not going to be major players in the next chapter. If they’re LUCKY, the two nations can avoid the “third world”. I think the Swiss central bank action opened the “gates of hell” for Europe, the US dollar and for gold, in a positive way. 
 

Ukraine

The Russian and the Chinese wanted to stop use of the Treasury bonds in their banking systems. The crime for Russia is not only did they boot out the Rothschild bankers, they wanted to stop US dollar trade settlement. So they got the same treatment that Iran and Irag got-war.

The US thought they could cut off the marriage of the Eurasian trade zone of Europe and Russia. They thought they could cut off the gas supply of Russia and Europe and Germany. This is game over when Germany announces they are going to work closely with the BRICS nations and Russia and have a new gold currency. It will be GAME OVER.

It’s a disaster in Ukraine. They can longer control their currency, which is about to collapse.

RUSSIA

They are doing very much the opposite of what we are being told. The big lie is that they are selling their gold reserves in order to alleviate their economic problems . No, they are converting all their energy dollars and are buying gold. The press is lying through their teeth to us.”

SAFEST COUNTRIES IN THE WORLD

Interviewer: Where should he be in 2 years from now? Where do you find safety in this world? Which banks do you keep your money that you trust?

Willie: “The country first. Believe it or not, I get this question twice a week. I say that my favorite 2 countries I have………Read the rest of the story at GramsGold.com