Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
Jim Willie: Germany to Back BRICS
Gold-Backed Currency
by Grams Gold
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.
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
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?
Gold Will Fly Past $10,000 and Silver Past $400
The BRICS nations are going to make a gold and
silver-backed currency. And Germany is going to back
it.
We have lots of different avenues for gold demand
coming down the pike.
What we don’t have is supply!
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.
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
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 silverbacked 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.
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
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.
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
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
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, that
Panama is the first answer. There are 120,000 new people
there from Venezuala just since Chavez died. But Panama
doesn’t let them in unless they have the money. You need
$5,000, which to many is a prohibitive number. The second
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
one is Chile, the northern area.
I have a friend in Iquique. Chile is so vast a country that it
has a 2,600 mile border. There are not many countries,
although I still think Costa Rica is good, where I am.
Nicuragua is very poor, but Panama is thriving. They just
built an above ground monorail and an underground subway.
Their financial district is vast.
I went down there, as I had to be out of the country for 3 days
every 90 days to satisfy my Visa requirements.
I wrote down the names of banks in Panama City and there
were over 120. A lot of them are from Columbia, and I think
it’s just narco money. But there were a lot of Portuguese,
Italian, French banks, etc.
They have low taxes and a safe environment in northern
Chile. They have a big copper industry. I think copper is
going to have a major rebound when the whole world is on a
gold standard.
There are other countries which are perhaps wonderful. I
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
think Ireland is going to have a nice rebound.
We have a new trend of new American retailers that
are converting dollars into renminbi in order to secure
the import supply.
We are seeing the abandonment of the dollar even
in the United States!
END OF PETRODOLLAR
There’s no more petrodollar. Countries that are exporting oil
are not holding the Treasury dollars anymore, that they
receive. (See chart at 1:22:05)
Notice the Middle East has gone down, down, down in the
last few years. They had a lot of petrodollars that they were
holding, buy they are not holding them anymore. Latin
America there’s almost nothing held in US dollars anymore.
This is a very important point.
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
We have a new trend of new American retailers that are
converting dollars into renminbi in order to secure the
import supply. We are seeing the abandonment of the dollar
even in the United States!
The Federal Reserve is the biggest buyer of Treasury bonds.
There’s really no other buyer of significance. Oh, and so you
heard that the Chinese bought some more Treasury bonds. It
wasn’t because they had an urgent need- they were doing us
a favor! They don’t want the US Treasuries to collapse.
It’s just a bunch of musical chairs moving around. The
United States and the Fed announced they are going to halt
QE and then the Japanese simultaneously announce they are
instituting unlimited QE. This is the end game."
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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Jim Willie: New BRICS Gold Currency to be Backed by Germany. …nations and Russia and have a new gold currency. - Grams Gold
2015-03-23, 8:43 AM
Jim Willie starts at 50 minute mark:
http://www.gramsgold.com/news/jim-willie-germany-to-back-brics-gold-backed-currency
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