Planetary Situation Update: The New Financial System
Sunday, September 29, 2013
There is a lot of confusion about the collateral accounts, even among people working behind the scenes. Let us clear that confusion.
Collateral accounts were a creation of the Cabal after WW1 when they persuaded many nations to give up their gold into their custody with an excuse that a gold-backed financial system with strong independent national banks creates geopolitical instability and can lead into wars like WW1. Bank of International Settlements (BIS) was created for that reason in 1930. After the creation of BIS, the Cabal went to China and persuaded the Chinese (sometimes gently and sometimes not so gently) to give up their gold in exchange for phony bonds.The Cabal never had any intention to repay these bonds back. The next phase of their operations was to steal the rest of the Eastern gold through the operation Golden Lily and then bury their lot in Philippines (Yamashita gold) and in Indonesia.