Judge Dale provides some excellent information about what has been going on behind the scenes in the world of banking. To be honest, his comments about gold being used to prop-up the US dollar seem a bit odd, since the gold standard was abandoned in the early 1970s, but the focus here is on October first, since it is only a few days away.
So much has been going on in the last six weeks, and Judge Dale outlines what may be about to happen in the next few days. I’ve been following the BRICS and gold situations closely, and can easily see what he describes actually happening. -LW
Friday, September 26, 2014 3:46 (Before It’s News)
From what I have been able to deduce and conclude regarding the RV / GCR and this is purely an educated opinion:
The London financial district is part and parcel of a world conglomeration involving the Federal Reserve System; the Bank of International Settlements; IMF, CBI’s, World Bank, and Vatican Bank and they have been manipulating the price of “gold and silver” for many years now by keeping its actual value very low.
The reason for manipulating the value of gold and silver was to keep the value of the US Dollar and petrodollar high, in that the conglomeration controls the dollar, which has been the Worlds International Currency since WWII.
China and Russia initiated the formation of the BRICS Alliance around 2008 which now includes roughly 185 Nations, with one motive in mind and that was to create a new transparent and incorruptible world financial system to replace the “dollar and petrodollar” and the totally corrupt Federal Reserve Bank and Bank of International Settlement conglomeration.
China recently established a new gold and silver trading platform in direct competition with London. Their reason for doing this I will explain next.
The BRICS have been capitalizing on London’s price fixing platform by buying up gold at the corrupted low fixed value rate.
China has been buying the lions share and when China accumulates 5,000 metric tons of gold, their new gold and silver trading platform will revalue the Worlds gold and silver at its true market value.
This true market value will probably be (5X) five times higher than the London market and will be the knockout punch that will bury the US Dollar; the US Military Industrial Complex (Wall Street); the Corporate USG; the FED, BIS, CBI, Vatican and World Banks.
I believe that China is about to revalue gold and silver on or about September 30, which will place the BRICS Alliance in control of the Worlds monetary system.
This is a good thing because the BRICS will force an RV and GCR.
I have three reliable independent sources who are predicting a major change come October 1, 2014 (So I guess we shall see).
The five largest US Banks are currently holding derivatives totaling 40 trillion dollars each, meaning that these five banks are holding the bonds or paper assets that created roughly 200 trillion US Dollars.
When China revalues the Worlds gold and silver at five times its current value, the derivatives of these five US Banks will increase exponentially by (5X) five and will finally bankrupt this corrupt conglomerate that has been controlling the World through debt.
We will probably witness a bank holiday that will last about one week to ten days in October and then the announcement of the RV / GCR.
Things will get a little tight for us all during this banking holiday. There may be some looting and other craziness so be prepared for the worst.
The Bank of New York is currently the only BRICS Alliance Bank in the USA and I am thinking that the BRICS Alliance will take over one or more of the five major US banks; fire the ranking personnel and install new software before announcing the RV / GCR and foreign currency exchanges.
(P.S. Some think that China controls/owns a big part of Wells Fargo Bank with, by far, the ‘Least’ amount of Derivatives)