Top World Bank Official: The USD Will be Crashed and Replaced With New, Gold-Backed, Currency
According to World Bank whistle-blower Karen Hudes , the US dollar is set to crash and will be repla...
Hudes is a lawyer that worked in the World Bank legal department and has been recently reinstated by the 188 Ministers of Finance on the Board of Governors on the World Bank.
In an interview with Russia Today, Hudes stated:
“There is 170,500 metric tons of gold deposited in a vault in the Bank of Hawaii, 130,500 metric tons in AMEX Hong Kong plus 150,000 metric tons in Development Bank of Singapore, for a total of 451,000 metric tons. There is an additional amount exceeding 100,000 metric tons in other American banks.”In 1950, Ferdinand Marcos kept this gold in a secret trust fund for 50 years...
“...so all the claims on the world's wealth would be subject to the statute of limitations, which basically says that if somebody claims that they own something, but they haven't been able to gain control of it for 50 years, then they've lost their claim.The authorized signatory for the trust fund is Wolfgang Struck.
“The purpose was so that all of the assets that were put in trust for humanity when the 50 year period ended, would be available for humanity without any competing claims. That 50 year period ended in 2005.”
“Considering that the paper currencies are in a precarious situation, we need to step up our game and to move quickly to bring the gold out of the trust fund for the benefit for the benefit of humanity before the collapse of the paper currencies.”What is the hold up?
According to Hudes, the mainstream media has been bought up by the banks, which is delaying the movement forward of information outside of the alternative news media. Outside of the alternative news, people can use social media outlets such as Twitter and Facebook to get the word out.
"More people are learning about the fact that the banks are trying to prevent people from getting the wealth that they're entitled to."Despite being reinstated, Hudes admitted that she is not able to go into the World Bank buildings because:
"The banking cartel has hired... owns a security firm which refuses to let me in, although I did manage to get into meeting on the 10th of October (2014), which is when I met with three delegations... the Swiss, the Russian and the German delegations and we discussed about how we were going to get the banks to follow the banking laws."In the United States, those citizens and local governments that understand that the banking cartel has done something called "state capture" to which Hudes says:
"Numerous coalitions have formed, such as the BRICS (Brazil, Russia, India, China and South Africa) and the Group of 77 (which is actually 130 developing countries) to help releases these gold funds to humanity."
"They managed to bribe and corrupt enough officials, that these officials would just, instead of doing their public duty, would serve the interests of the banking cartel."In the United States, Hudes has been working with "The County Executives of America" and stated that they...
"have accepted the share of the United States gold in this 'Global Debt Facility' on behalf of the citizens of the United States and we are now trying to replace the paper currencies that are issued by the Federal Reserve."Hudes added that the new currency should be issued by the Treasury, not the Fed, and stated there will not be any interest (debt) on the new currency. In other words, charging interest will no longer be tolerated in ANY country once these funds are released.
"When Ferdinand Marcos put the gold in the Global Debt Facility, he arranged for institutions that would be there to ensure that the gold would benefit humanity when it came out and one of those institutions is the World Bank and the International Monetary Fund."Hudes stated that most of this gold is located in the Philippines and the US Military is guarding that area.
Wolfgang Struck stated that some military helicopters were flying gold out of that area, so Hudes filed a claim with the Inspector General in Okinawa stating that the gold was insured by Lloyd's of London and the Lincoln Insurance Company.
The terms of Hudes' claim included that:
"Any gold that is stolen will be put back and that anybody that ordered the transport of that gold is going to be held accountable as well."What are the challenges?
Hudes stated there are several main challenges to overcome before the new currency is issued:
- To quickly replace the currencies;
- The banks have bought up the main stream media and are misinforming the people regarding this situation;
Hudes stated the Federal Reserve Notes...
"Are going to crash and it's not going to be possible to do anything systematically after that happens."The U.S. military would be affected as well.
"If the paper currency crashes, there's no way to pay for the military."Hudes' email from Wolfgang Struck
On November 3rd, 2014, Hudes received an email from Wolfgang Struck stating:
This is interesting news in the sense that Karen Hudes is heading the demolition team that will replace the fractional reserve currencies, before their imminent collapse, in a peaceful transition through monetary agreements that the world does not know.
It hurts to repeat the last sentence that follows: We will be watching with heightened interests as we do not have the slightest idea how that would be accomplished.
Hudes wrote back stating that "the world does know about the monetary agreements" adding that those in power are still buying into the false reality portrayed by the mainstream media.
The new currency
According to Hudes, the new currency will be like this:
"The gold will be pressed very thin and put between a plastic envelope which will act just like paper currency, except that the value of the gold will be equal to the stated value of the currency."Regarding the price of gold, it will be calculated by:
"Using historical baskets of good and services and also the major currencies at the time so that we will have an absolute equivalent in our currency of the true value of whatever it is that the currency is being used for. We'll also have local currencies and we will no longer be controlled by our currencies or pay interests on country debt in a scam."Addendum
"It's a race. If we do not replace this fake, fractional paper currency with value, we're going to go into another dark age. We've got a coalition that understands this very well and that coalition is much stronger than the banking cartel."
One must ask if Federal Reserve's 100 year charter ended, then why are they still allowed to continue doing business as "normal"?
I asked the above question on Karen's YouTube channel and she responded:
"Because their charter was for unlimited duration."In further research, I found that in the McFadden Act of 1927, Congress rechartered the Federal Reserve Banks into perpetuity, and so there is currently no "expiration date" or repeal date for the Federal Reserve.
Another question that arises is why did the World Bank reinstitute Hudes after all of the turmoil she's caused for them?
Also, with the rash of bankster suicides, why is she allowed to speak out and what is the overall agenda?
I messaged Karen on Facebook and asked her these questions. This was her response:
"Because the World Bank was dominated by the banking cartel, and the countries took back control. I am protected by the US military, who know I am cleaning the traitors from their ranks. The overall agenda is to avoid the bankster-caused WWIII."For those with their ears to the ground, you already know about current systems where we can all live in abundance and prosperity without the need for money, including the Ubuntu system and the Venus Project.
What Hudes is proposing would simply be a short-term transition until all forms of money are eliminated because as long as there is money, we're ALL financial slaves to a broken system.
By Gregg Prescott, M.S., in5d;