SUBSCRIBE to ELITE NWO AGENDA for Latest on U.S. DOLLAR COLLAPSE / GOLD / SILVER / BUILD UP TO WW3 / BILDERBERG 2015 http://www.youtube.com/EliteNWOAgenda GERALD CELENTE - U.S. Support of China’s Development Bank is Gigantic U-Turn Washington and the World Bank have no choice but to co-operate with Beijing on the new China-led development bank. The US has changed its tune after first opposing its allies cozying up to China. “This is a gigantic concession on the part of the US, that it is not the world’s only superpower,” Jeffrey Albert Tucker, CLO of the Foundation for Economic Education, told RT. Instead of fighting the new China-led development bank, the US was forced to add its support to the development bank after allies jumped ship to join the $100 billion China-led project that could rival the World Bank. “This represents a dramatic shift on the part of Washington and a concession to its allies in Europe,” Tucker said. US officials had voiced displeasure when the UK, Germany, France and Italy agreed to work with the Bank, but now, in an apparent concession, the US will work with, and not against, the new global development fund. The White House wants to co-finance projects with Beijing along with existing banks such as the World Bank, the WSJ reported Monday. china bank banking u.s. usa "united states" america london trend power "bank account" infrastructure investment asia economy "u.s. dollar" forex trading "forex trading" 2015 2016 usd dollar country global currency RMB gold silver "gold bullion" "silver coin" financing savings "savings account" HK "hong kong" military business "global reset" "gold coin" property "real estate" beijing hsbc "bank of china" "elite nwo agenda" invest world france germany russia trending media entertainment order out of chaos rothschild rothchilds george soros glenn beck lindsey williams marc faber jim rogers louis farrakhan rant exposed alex jones infowars rawdogletard demcad jsnip4 The offer is a massive U-turn in Washington's stance on the Asian Infrastructure Investment Bank. The tone quickly changed last week after an unnamed US official told the Financial Times that America was “wary about a trend toward constant accommodation of China.” The Chinese economy has been keeping pace with the world’s biggest, the US, and in October, surpassed the superpower in terms of purchasing power adjusted GDP Support for the AIIB has gathered speed in Europe this month, with the U.K. the first country to sign up, followed by Germany, France and Italy and then Luxembourg and Switzerland. With allies migrating en masse to China’s new infrastructure bank (and even the US having to admit it will ‘cooperate’), it appears America has fallen back on what has worked for it in the past to ensure the world’s largest creditor remains the world’s reserve currency ad inifinitum – rattle its nuclear missile sabre… As the following clip shows, The US Air Force just test-fired a Minuteman III intercontinental ballistic missile from California, providing a “visual to the world.” The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos. Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009. China Has Announced Plans For A ‘World Currency’