The Weekly Watch
Spring has Sprung, and
Change is in the Air
Change is in the Air
Did the petrodollar die this week? It is at least the beginning of the end, as oil is sold in yuan and countries like Russia are placing much of their wealth into yuan. The banking sector in the west is still feeling the shock of the bank failures last week, as other banks sit at the brink of collapse. Lula had planned a trip to China but caught pneumonia. I wonder what they plan to discuss, perhaps a Ukraine peace plan? Meanwhile things are not going well for Ukraine as Russian forces continue their advance.
George Galloway is in China this week where he spoke at a democracy summit. Here's his 11 min speech comparing western democracy to Asian ones.
His address to the second International Forum on Democracy in Beijing on Thursday 23rd March 2023.
Jim Rodgers explains the difference well in about a minute. China constructs, the US and west waste their money on destruction.
This year marks the 10th anniversary of the Belt and Road Initiative (BRI). How has China boosted world development under the initiative? International investor Jim Rogers indicates that the BRI is one of the most exciting developments of the 21st century. He also points out that while the U.S. has military bases in 100 countries, China is building railroads, highways and bridges.
U.S. Admits It Wants War In Ukraine. China Wants Peace (8 min)
The Biden Administration has finally said the quiet part out loud: "A ceasefire is unacceptable." So much for respecting the sovereignty of Ukraine. And so much for claiming that it's China that wants to continue the war. It's been the U.S. the whole time. Rep. Dennis Kucinich has some words for the Biden administration and John Kirby, in particular, the Coordinator for Strategic Communications at The White House National Security Council who called a possible ceasefire unacceptable: "Who elected you? You don't speak for me." He also calls him a flack.
So what is happening in the proxy war in Ukraine?
Intelligence roundtable with Ray McGovern and Scott Ritter an almost 2 hour discussion.
Ray Mcgovern's work https://raymcgovern.com/
Scott Ritter's work https://www.scottritterextra.com/
The Duran had a guest this week who suggested the purpose of the proxy war is to test our weapons. He claimed it wouldn't end till there is also an air conflict. I didn't find him extremely creditable but it is an interesting hypothesis. (about 2 hours)
THE UKRAINE CRISIS - WITH SCOTT RITTER AND ANDREI MARTYANOV
Sy Hersh has a new piece up, The Cover Up
The Biden Administration continues to conceal its responsibility for the destruction of the Nord Stream pipelines
I couldn't find the clip, but Alex has an hilarious take on why it was Gillian and the crew of the USS Minnow which blew up Nordstream.
Syria is heating up as well with our illegal troops occupying a third of the country.
U.S. Launches AIR STRIKES On Iranians IN SYRIA! (7.5 min)
The United States has launched what the government and our subservient media are terming “retailiatory” strikes on targets in Syria following a drone attack on an American base in the oil rich region of Syria the U.S. military currently occupies. The drone attack ostensibly came from Iranian militants occupying a different part of Syria and were responsible, we are told, for a number of injuries and the death of a military contractor.
Alex discusses the Syria situation too.
2ND front in East Syria, against US. 2 more countries ready to arrest Putin. Putin body double. (23 min)
Then there's our plans for Haiti.
The Shocking Truth About U.S. and Canada's Coming Invasion of Haiti - What You Need to Know! (10 min)
President Biden is flying to Canada to meet with Prime Minister Justin Trudeau to discuss the coming invasion of Haiti. In this video, we explore the shocking truth about the involvement of the United States and Canada in destabilizing Haiti. With recent developments and allegations of interference from the Biden administration, it's important to understand the historical and current context of U.S. and Canadian involvement in Haiti. From political meddling to economic exploitation, we delve into the complex web of factors that have contributed to the current state of affairs.
The Economy in Free Fall
I found this conversation fascinating featuring Tom Luongo on the Duran suggesting the Fed collapse the banks on purpose with the aim of instituting a CBDC. (1.5 hours)
He suggest watching rollover from 1981. I did and found it precedent. (1.8 hours)
This copy ends before the end of the film, but finishes the story.
More bank failures coming as Fed creates 'breakage', 'be bold' in buying gold - DiMartino Booth (26 min)
Danielle DiMartino Booth, CEO of Quill Intelligence and Author of "Fed Up," joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the Federal Reserve's March rate hike of 25 bps, and why Booth believes that "more bank failures" are on the horizon as Fed Chair Jerome Powell continues to tighten monetary policy. Booth also provides her economic outlook, and suggests that investors can "be bold" in allocating more than 10% of their portfolio to gold, which she forecasts will rise in the midst of ongoing financial stress.
“Dark Scenario” for U.S. Dollar: China and Russia’s Masterplan
"I've been saying for 20 years that we will see the petrodollar system end. And now, we can say there has been an end to that system," says Willem Middelkoop, founder of the Commodity Discovery Fund and bestselling author of The Big Reset: War on Gold and the Financial Endgame. "The real question is, 'Is this start of the petroyuan system?'," he says to Daniela Cambone at the 2023 Swiss Mining Institute conference in Zurich. "The worst scenario for the U.S. is when Russia teams up with China and possibly Iran. They know they are playing a dangerous game [with] these countries," Middelkoop asserts. "It's quite clear that China is now being much more aggressive and negative about the U.S. compared to the '90s and 2000s," he continues. "A special new BRICS reserve currency could be the absolute nail in the coffin and it could be backed by a basket of commodities beyond just gold," Middelkoop predicts. "Your savings aren't safe in a bank account because it is now owned by the bank, and we've seen the repercussions of this in the past weeks with Silicon Valley Bank," he says. "It's why regulators had to guarantee all deposits... and that's endgame stuff," Middelkoop argues. "Gold will cross $2,000 and then that level will become support instead of resistance. And that's when the major bull market will start," he concludes.
And so we complete the circle of ideas today much as spring will fade into summer. From war to economic melt down due to our own policies. As I've written many times here, I hope we collapse economically BEFORE we usher in a hot WWIII. The mad people at the helm have no reverse gear, so running out of money is the only way out of this endless aggression to my mind. Well I hope you're having spring like weather. No matter the days will grow longer and the weather hotter as we come on to summer.
I look forward to your comments, ideas, thoughts, links, etc. below.