Tuesday, January 19, 2016

Benjamin Fulford Update - January 19, 2016

The revolution continues with shipping freeze, stock plunge, US dollar dumping, $20 oil, attacks on gold mines and more

There is a systematic effort underway to remove all fraud from the world’s financial system. This campaign is now getting to the point where some major financial institutions and countries, including the US corporate government, are about to go bankrupt. This is all part of a hybrid war involving finance, super-computers, special forces operations, news, propaganda, pin-point assassinations and more.

Perhaps the most dramatic, and under-reported, new aspect of this ongoing struggle has been the freeze on global shipping. To confirm reports on the internet of a shipping freeze, this writer called NYK lines, a major international shipping firm, and was told “we cannot speak for the whole world but, as far as our company is concerned, with current shipping prices we will lose money every time we send a ship so we have stopped.” Chinese government sources told this newsletter shipping companies are now demanding to be paid in Chinese yuan and not dollars and that is a major reason for the freeze in shipping worldwide. If this continues, it will lead to empty super-market shelves and social unrest, especially in the US. The announcement last week by Walmart that it is closing 269 stores is just the beginning.

Another major dimension to this hybrid war has been the attack on the oil cartel and control of the petro-dollar. It is this attack, and not oversupply, that is the real reason for oil prices plunging to the $20 per barrel level, and in the case of bitumen, the lowest grade Canadian oil, $8 a barrel level. What is happening is that China is insisting on paying with Yuan for its oil. Furthermore, now that sanctions against Iran have ended, Iran, which has some of the lowest production costs in the world, will be flooding the market with an extra million barrels of oil per day. China is helping both Iran and Russia deal with low oil prices by sending them Chinese goods at cheap prices in exchange for their oil. India is also avoiding the petrodollar when it buys Iranian and Russian oil.

This campaign will continue until Saudi Arabia, the Gulf Cooperation Countries and the big Khazarian banks go under, according to Pentagon white hats. The first Khazarian megabank domino that is expect to fall is
Citibank, a Saudi owned bank which is sitting on about $58 billion in losses linked to low oil prices. However, that is just the tip of the iceberg. The Dallas branch of the Federal Reserve Board has told companies to stop marking the value of their oil and energy portfolios to market. What that means is that they are being told to lie about how much they are worth. The Bank of Japan tried the same thing with real estate prices after Japan’s bubble burst but, they learned that pretending reality does not exist does not make it go away.

Furthermore, the Pentagon and agency white hats are seriously contemplating confiscating the sovereign wealth funds of Saudi Arabia and GCC nations like Qatar, Pentagon sources say. The Qatari run Al Jazeera network has been forced to shut down its North American operations as part of this campaign, the sources say.

This week Chinese President Xi Jinping will be visiting Saudi Arabia, Iran and Egypt with the backing of Russia, Pakistan, the pentagon and others to seek a way to find peace and stability in the region. China and the BRICS alliance will be offering massive infrastructure development in tandem with Russian control of oil prices and Middle Eastern security, Pentagon and Chinese sources say. Here is what the Chinese official Xinhua news agency has to say about the visit:


On the military front, Jordan has now joined the Russian Middle East bandwagon and allowed Russia to set up a command headquarters facility in their country. In addition, Turkish overseas bases in Qatar and Somalia are now being attacked by a multi-nation force.

There is also a lot of activity on the gold front. While Russia will take over oil pricing, China will now manage gold, multiple sources agree. The recent attacks on foreigner occupied hotels in Mali and now last week in Burkina Fasso were aimed at taking over control of gold mines there.

Continue Reading at ..... http://benjaminfulford.net/2016/01/19/the-revolution-continues-with-shipping-freeze-stock-plunge-us-dollar-dumping-20-oil-attacks-on-gold-mines-and-more/