Finally, the irrepressible sequence of events was triggered. The pressure was increasing for months. US Treasury bonds by US and British banks will be sent home, where they will strangle their bankers, then, after painful isolation, they will be devalued for the sake of survival. The Chinese and Russians will start to come to terms with the aim of financing the Eurasian trade zone with American debt bonds, which, for the time being being kept in reserve, will later be put into action. The British will play a very unusual role, having sold the United States for the opportunity to become a squire for the Eurasian Duet. The process has already begun, and it can not be stopped. The paradigm shift towards the East with the help of a truly huge trading zone for cooperation and reduction of overhead costs shows the following face. The United States, with all its past hegemony, intrigue and fierce wars, will be excluded. This exception will be facilitated by the British, so as not to become part of the third world. The next project is the result of many years of planning. Sunset US dollar is a planned project. Let me say that this article is the most important Golden Jackass ever written (website of the original article in English; approx. Mixednews).
Eurasian trade zone
A major blow is the central element of the trade zone, which relies on the critical mass of the BRICS countries. Brazil, Russia, India, China and South Africa together began to form an alliance based on trade and economic development. Including Iran and Indonesia, they are thus forming new BRIIKS countries for a broader view of the East. The arterial zone trade system will be energy supply - the blood of trade. Last week important bilateral treaties were adopted. Crude oil and natural gas will be supplied via an extensive pipeline system from Russia to Central Europe and from Russia to China. New pipelines will be commissioned. Additional peripheral pipelines will also be completed, for example, Iran-Pakistan. Many elements of the new trade zone will be developed - tariff reduction, border control methods, payment systems, including barter, environmental problems and problems of regional cooperation will be solved.
BRICS Development Bank
Consider the BRICS Development Bank. This is much more than just a fund to finance the construction of railways in the wilds of Africa, as the American press writes. It will form a huge credit line for countless projects, on the basis of which trade will be conducted, which is often called infrastructure, but this is more. It will gradually show itself as a provider of its second function - the main bank for trade payments outside the dollar sphere. The extremely important steps that will shape the next chapter have already been taken. Here the United States will not play an important role. Many developing countries are nursing, showing their muscles, and uniting. The critical mass of their trade, industrial production, and product development, including patent registration, is impressive. Over the past two years, they have shown that the G-20 Finance Ministers Meeting has completely overshadowed the G-7 Summit, which has dominated for two decades. They take the next important step by creating a global bank whose role will grow and expand. And it will be illuminated with a golden glow.
Exclusion of the United States
The long years of abuse in controlling FOREX markets, interventions in the sovereign bond markets, manipulation of important commodity markets, vicious propaganda through the media, as well as aggressive military forces and vile activities of the US security agencies are guaranteed to exclude the United States. New pipelines are appearing on the European and Asian continents, where the Americans will not enter, and the trans-Pacific partnership promoted by the Obama administration will go sideways. The Obama administration is even trying to create a trade zone with Asia, on the terms that leading Asian countries Japan and South Korea will exclude China. What an incredibly idiotic and amateur attempt!
The role and intrigues of the mediator-England
At the beginning of this year, when they announced the creation of an organization in the City of London to exchange debts in Chinese yuan, New York was thus at the throat. British Petroleum will retain an 19.75-percent stake in Rosneft, which is to acquire BP-TBK, an energy company in Russia (most likely TNK-BP is meant; approx. Mixednews). Bank of America and Citigroup act as brokers for the $ 55 billion-dollar deal that will allow Rosneft to become the largest oil company in the world. The collateral for the loan transaction will be the US Treasury bonds. The Anglo-American banking complex, in fact, will be forced to swallow a large piece of its own toxic papers. A witness is a potentially critical role for London in the Eurasian trade zone, perhaps buying a location to avoid the Third World. The exclusion of states guarantees them the flavors of the Third World in the spirit of Mad Max.
Implicit view of what is happening in Cyprus
Part of the financing of the Rosneft deal comes from Gazprombank, which operates from Cyprus. China has placed 30 billions of dollars in US Treasury bonds as collateral as part of a massive deal in exchange for future oil supplies. Since Russia will receive steady payments from China for supplying energy to China through various pipelines in the form of US treasury bonds, the main debt to London banks will be paid in these very bonds. So, the system of energy pipelines and the delivery system of the Eurasian trade zone will be financed by American bonds, which will thus go back home, to die. Paraphrasing Lenin, the rope on which the capitalists will be hanged will be bought by them.
The time chosen for taxation and confiscation of Cyprus accounts is very curious and exactly coincides with the important summit that took place between Russian President Vladimir Putin and Chinese President Xi Jinping, where many important agreements were signed. This begs the question whether the Cyprus fire was not kindled by the Europeans as an attempt to disrupt the Moscow energy summit. The summit received almost no coverage in the Western press, although the details of this event set the sunset for the US dollar. Perhaps that is why not received. A cautious forecast would suggest that Saudi Arabia will take part in the next important energy pact of the Duo of Eurasian leaders (Russia and China), which de facto will lead to the decline of the petrodollar standard. So what is happening in Cyprus in reality could be an attempt to save not so much the European banks as the petrodoll itself.
End of US dollar hegemony
An alternative system for trading outside the US dollar began to take shape since the collapse of Lehman and Fannie Mae. Eurasian leaders, without undue publicity, diligently engaged in the creation of a new system. Recent events indicate that they chose greater openness with the start of the February G-20 forum in Moscow. The true goal of the G-20 finance ministers was to finally create an alternative to the US dollar. The sleepy West, it seems, did not even pay close attention to it.
With 1970, the Arab royal dynasties supported the dollar by exchanging trade surpluses into US debt bonds. Conventional practice dictated that US bonds would dominate global banking systems, acting as the banking backbone of debt.
Continuing foreign exchange incentives force Eastern leaders to hurry. The almost zero yield on Treasury bonds motivates them to look for alternatives. They are terrified of depreciating their hard-earned reserves. The new trading system based on gold will be back on the agenda. The final result of this will be that the European banking system will be overthrown, as the East will begin to return the debt bonds back to the Anglo-American coast. Soon wait for the Saudi crown, as they always follow the winners.
Developing countries over the past decade have accumulated huge reserves through successful trading, which are expressed mainly in US treasury bonds. More they do not want to keep them, as the US Federal Reserve continues to deteriorate their quality. Major Eastern countries have agreed to allocate $ 100 billion to the fund, the liquidity of which is based on US bonds. Gradually, these bonds will be converted into gold bars for the main asset in the new development fund. From March to July, 2012 from London banks by Eastern organizations deduced about 600 tons of bullion, which may be part of the foundation for the BRICS fund.
The initial role of financing critical projects — pipelines, lines of communication, and others — will become apparent. The more obvious role — the formation of the (eastern) core of the global coordination central bank for conducting transactions — will become the second role of the fund.
Like the Eurasian Russian-Chinese Energy Organization, the Development Fund will be built on the bones of US Treasury bonds. In the process, expect a stone in the back to American and British banks in the form of bonds as collateral for huge loans, as well as funds to pay off huge loans and funds to buy gold. Western gold traders in the process will be exposed as corrupt swindlers with empty gold vaults. As for the BRICS Development Fund, it will serve as a global quasi-central gold bank.
The operation of declaring to the West a shah and a mat in the process. And has four important elements.
1) A huge Asian continent joins the established Eurasian trade zone with a significant part of the European continent, where three quarters of the world population lives. There will be no visible presence or participation of the United States or Britain in the trade zone.
2) The BRICS Development Fund will control a huge amount of 100 billion dollars. This will overshadow the role of the International Monetary Fund. The fund will contribute to a variety of infrastructure projects. However, his other purpose will be the conversion of US bonds into ingots, and thus nailing into the lid of an insulating coffin for the US dollar.
3) The flow of US debt will be from China to London, since they will finance the creation of a Eurasian trade zone.
4) Moving to a yuan-based settlement with the help of a number of swap organizations in trade with key countries and the creation of a new gold trading standard.
Final nails in the coffin lid
Cyprus is not a separate isolated event. This is an event flash. A crucial point in the events could be depositors' raid on banks throughout Eastern Europe with expansion to Britain, the United States and Canada. The US dollar will go home for depreciation and burial. US Treasury bonds will go home for downgrade and disposal. The checkmate of the Eurasian Trade Zone and the BRICS Foundation is obvious to the eye of a trained analyst. Devaluation can lead to serious price increases and a shortage in the supply of goods for the American economy. The endgame has never been more obvious.
The Eastern Alliance is slowly coming out for everyone to see. The Russian-Chinese corridor will serve as a commercial basis. The BRICS Development Fund will serve as the foundation. When Germany joins them in a more open manner, an alliance in the geopolitical arena will become apparent. Then the Saudis will decide to join, with the protectorate role already promised by the oriental duet of the giants, and together they will announce the de facto ending of the petrodollar standard.
The movement of political insurgency within Germany is slowly beginning to take shape. The movement for exit from the euro is gaining momentum. Discussions of the Eastern Euro (or Teutonic Euro) are getting louder. As a result, Germany will take the side of Russia and China.
Both Russia and China are buying up all the gold mined in their countries. Frankly speaking, their gold reserves are several times higher than official data. No country wants to provide such critical data that can be compared with the country's trade secrets. Both countries are ready for the next chapter, devoting themselves to the next few years for the preparation of the new system, and the accumulation of gold as the main asset of wealth.
Jim Willie is a statistical analyst in market research and retail forecasts, has a doctorate in statistical sciences, and has experience of over 25 years.