Global Financial Update with Foster Gamble | Thrive Movement Thrive Connect

Foster: Last November, when we finally felt that the research we’d been doing for several years since the film came out had progressed to the point where it was solid enough to begin to share publicly, we shared a bunch of things. Here are some of the things we were sharing then that have come to pass.

The BRICS bank has now been funded and is going operational. There is a Shanghai gold exchange. There is a new rating service, which provides an option to Fitch, Moody’s, Standard & Poor’s, and so forth that I think is going to be much more honest in its ratings given that it’s not beholden to the Western banking cabal to do their bidding on rating particular corporations and governments, especially the U.S. The AIIB, the Asian Infrastructure Investment Bank, has now been launched with the participation of usual U.S. allies like the U.K. and Germany and over 50 other countries. The U.S. has chosen not to participate in the founding of that. Japan is the only other major country that has chosen not to participate at this time, most likely because Prime Minister Abe, as far as we can tell, is very much a puppet for the Rockefeller-Rothschild banking system so far. We have been told that there are deals going on behind closed doors that Japan is preparing to join but not until it is safe and appropriate to do that given their obligations.

Another one is that we had predicted (based on information from our sources) that there would be numerous banker and corporate CEO resignations. There have been over 500 of them worldwide. We also said that there would probably be suspicious deaths in the banking and corporate communities and we’ve been seeing those. I think there have been over 40 of those now in the European and U.S. banking communities. And there have been arrests of bankers in Iceland. Also, the U.S. has continued to stall the IMF 2010 reforms that would rebalance the representation of countries in the IMF in terms of decision-making and also include more currencies like the yuan in the international basket of currencies. The suppression of gold and silver prices has continued artificially and it looks from our sources we’re being told that that’s apt to continue until the yuan, the Chinese currency, is globally accepted because meanwhile they’re having the opportunity to buy gold and silver at low prices while the Western bankers are suppressing the prices in order to keep interest rates from going up which would so threaten the precarious situation of the major U.S. banks and governments themselves.

Finally, I just want to add in terms of the validation of the number of our insider sources that some of the things they say, we were like “What?” and then a few weeks or a few months later it happens again and again. Our sources predicted the end of quantitative easing by the Federal Reserve, which was pretty outrageous given that the Federal Reserve was still printing between $50 and $70 billion dollars of new fake money a month and now they have suspended that right on schedule. We are told that’s because their franchise to print money has been suspended by the Asian Elders to whom they’re indebted. They also predicted the revaluation of the Swiss Franc and a few days later that happened. Then, we were told that China would be making major infrastructure investments in Brazil. We were just told that about a week and a half to two weeks ago and then, sure enough, a few days later it started coming out in the mainstream news that that is in fact going on to the tune of tens of billions of dollars.

So that’s a sample of the things that might have sounded outrageous when we said them (or when people said them to us), but now they are in fact occurring and it certainly provides pieces of the puzzle showing the trends that are emerging.

So let’s move on to trends next. What are some of the trends that we’re seeing that are in the public view that have to do with global finance? First of all, negative interest rates, or what Chase Bank has taken to calling “balance sheet utilization fees” (BSUFs). What that really means is rather than getting interest on your deposits at the bank, now you’re going to have to pay them for them to keep your money while they fractionally multiply it for their own benefit. You can tell this is getting quite Orwellian and yet whatever they can get away with they’re obviously going to continue to do.

Meanwhile, Citigroup, Chase, Barclays, and the Royal Bank of Scotland have been fined a total of $9 billion, which is a lot of money, for their participation in rigging international markets. Again, that’s a lot of money and it’s good to see that there are some fines and so forth, but if you stand back and put this into context, there are no individual prosecutions, no jail time, no companies shut down, and meanwhile, during that same time, those same banks made an estimated $85 billion on their actions. Some wag might call this merely the cost of doing business and, of course, to the banks that is all it seems. It’s a little slap on the wrist publicly to keep the people quiet and keep them from revolting. They pay under 10% (or around 10%) basically as a fee to the government to let them keep rigging things and then business goes on as usual.

All of the major banks have also had to comply with a government requirement to submit plans for their own economic collapse, which of course, could lead to larger economic collapses and they’ve all done that. And there’s good reason for them to do that because the numbers I’ve heard are north of $700 trillion in derivatives debt that they’re currently holding on their books. Obviously, they’re not a solvent institution if that were to be taken seriously. Read more…

Source: Thrive Movement Thrive Connect

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