[quoting myself for ease of reference]
This video is awesome. What I love about TF is his humility yet keen mind.
This interview is a must listen, and the interviewer is also very smart. GO TO 36:00 in, to hear the culmination of what is the truth:
I will step in and lay it down for you very simply here: The question tabled is: "Does a collapse in China credit markets mean an upward momentum for the price of gold?" A simple question, but notice how truthfully a master sage like TF answers it. He actually allows the interviewer, to say the answer, and then kinda nods in agreement. Haha, I could listen to TF all day, we need him to have his own national broadcast at NBA star wages, asap.
Okay so the answer is surely given here in this video. China and USD and Ruble and Euro, are all essentially pegged as if by Ahab's spear, to Bitcoin. When BTC drops below [insert number] there are always smart people (imo) snatching up shares/coins of the genesis blockchain, the big boy, BTC. So, I am saying, all nations fiats are pegged to the bigblockchain, BTC.
Okay so, this is where the curveball comes in as these very smart men, discuss gold, they talk about the tactician, James Rickards, who played CHINA, hehe, as far as I can recall, in his money-wars simulation run by the DOD. Hehe, it is also like that game [insert WW2 game here] where you can choose your nation and yes, during war time, economy becomes both weapon and shield.
Anyway, as everyone who studies James Rickards' work knows his book [
http://www.amazon.com/Currency-Wars-Making-Global-Crisis/dp/1591845564/ref=sr_1_3?ie=UTF8&qid=1398016901 ] wherein the game I am talking about, is described by him. Okay so what happens in terms of war strat money war sim is this [THIS IS MY THEORY COMBINED WITH THESE GREAT MINDS ABOVE WHO DON'T EVEN KNOW ME and actually I haven't read Jim's book only listened to his interviews]:
1: Both China and the US reveal shadow comex GLD holders (corporate-clouds) and China has more, and so they call gold, and comex fails but it's done slowly. Already may be happening imo.
2: As TF points out at 37:00 it makes sense for China to then peg to true gold price once suppression is revealed (jim wille style gold reset)
3: gold (real in hand or deliverable) literally skyrockets along with all suppressed metals in hand that one can hold/ship. ALSO CONTRACTS MATTER HERE RE: cryptocoin as contract blockchain transaction machine.
4: naturally, again, mining commences, land rights, water rights, etc
5: Real war may happen under the cover of simply mining companies who need to find metals for the banks/economy emergency. <<< It sounds silly and simple but it's obviously the simplest way to field war machine along with earthmoving and riflemen to guard the sites. END THEORY.
...So that's the cloudy vision I see, of the potantial future throw-down between these monetary state gunfighters.
Hehe, what would Benjamin Franklin have thought of the Old Weste? To him it would be The Future West, haha! Ohhh, meme incoming, I think Wasteland Benjamin looks good in any era, or universe, don't you?
Anyway, I am thinking of some kind of micro-scale market whereby Benjamins are pegged to metals. Since their price is suppressed as well, far too low for a nice float of 2.4 million coins (or so?) and an open skeletal blockchain which is the child of 1000s of brilliant developers who worked for free on a lot of it! What a great time for humans to know their surroundings! Mine Benjamins with me friends, and let us see what we can make of the future.