Tuesday, November 11, 2014

Matthias Chang: Dollar going down, gold heading sky-high!

Broadcast November 12th, 10-11:00 a.m. Central (1500 GMT) on NoLiesRadio.org, archived here. Note: TruthJihad.com subscribers can listen to shows on-demand before they are broadcast - and also get free downloads! If you are a subscriber, just log in to the members area of TruthJihad.com and go to the "Private Blog" to get early access to the shows.  

Matthias Chang is a former key advisor to the Prime Minister of Malaysia. Unlike most people who've risen that high, Matthias is dedicated to seeking and speaking the truth.

In this interview, Matthias Chang says the beginning of the end of the US dollar will likely be evident by the first half of 2015. That's only a few months away! He expects a "reset" as monumental as what happened at Breton Woods in 1944. The problem is that the US dollar is dying, America's dollar debt can never be repaid, and the world has caught on to the scam. Yet the Chinese and other major dollar holders can't just cash in their greenbacks all at once and crash the dollar system, because they too would go down in the cataclysm. So rather than continue to prop up the worthless dollar forever and throw bad money after good, the world's economic movers and shakers will hit "reset." Matthias expects they'll follow Alan Greenspan's recent lead and re-peg the dollar to gold - but at a vastly higher gold price than today's. So if you have spare dollars sitting around, you might want to trade in some of them for physical gold at today's artificially-suppressed prices. 

3 comments:

  1. "The real scam is not the fiat money red-herring which is being put out surreptitiously to confuse us, it is the fact that all money created is interest bearing loans to banks. This scam would not change with the imposition of a gold standard and it is this scam which the bankers have relied on since their inception. Bankers even tell you that new money is created out of loans, which by definition means that all money created includes interest payable to them, the level of which we are unable to establish, as central banks such as the Federal Reserve refuse to publish their accounts. Until money is created interest free, as a medium of exchange for wealth, not actual wealth, the bankers scam will continue, regardless of whether the money is gold-backed or fiat." (source : “The Synagogue Of Satan – Updated, Expanded, And Uncensored,” by Andrew Carrington Hitchcock)

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  2. Thanks AA for posting that quotation. One of the few honest ones in this whirlpool of lies and obfuscation.

    I think KB would do a considerable service if he could assemble one or more small panel interviews including 2-3 of say, Mike Montagne, Anthony Migchels and David Musa Pidcock / Muhammad Rafiq (latter 2 ex rel. iamthewitness.com) to tease out an intelligible summary of (i) the problem and (ii) a practical and, one hopes, politically attainable, just solution. IIRC Pidcock (maybe also Rafiq) was involved in providing Malaysia with advice in the Asian currency crisis.

    I am sick to death of people spewing the mantra of "fiat money" as if that equalled a problem. When the English monarchs utilised tally sticks before the arrival of the Bank "of England" the country had its period of greatest success and affluence - "Merrie England".

    I do not understand Chang's position, he seemed to present only a gold-pumper's perspective without any insights or detailed discussion on how a just and long term solution could be worked out and implemented.

    Another of the dissident voices who would be interesting to hear on this might be securities analyst Mike Stathis / AVA Research. I am not aware he presents himself as a monetary theorist but I think he knows the issues and if he could not appear I would expect he should know someone trustworthy and suitably qualified who could in order to make a show / series. One other obvious name would be Michael Hudson ('The Lost Tradition of Biblical Debt Cancellations').

    An example of Montagne seeing sense is below. He does however need to train for succinct viva voce delivery. Also Migchels has some differences of opinion with him, hence my suggestion of them both.

    http://perfecteconomy.com/wp/2008/11/17/response-to-ich-the-problem-is-not-debt/

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  3. (UK-related)

    https://www.youtube.com/watch?v=QjR6xRN0PjY Bill Still: notice of Parliament debate Thursday 20 November 2014 A.M. on who should create money

    The Money Creation and Society debate is being hosted by Steve Baker
    (Conservative), Caroline Lucas (Green), Michael Meacher (Labour), Douglas
    Carswell (UKIP), and David Davis (Conservative).

    https://www.positivemoney.org/wp-content/uploads/2014/11/Backbench-Briefing-Note.pdf

    https://archive.org/download/financiersandthe033017mbp/financiersandthe033017mbp.pdf

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