The Website of Dr. Joseph P. Farrell


Rarely do I like to comment on videos here, but this one is so important that it simply must be noticed. It was brought to my attention by a regular reader here, who also graciously summarized its four main points in the email in which he(or she) sent it.  I read the email, and immediately began watching this interview on RT (Russia Today), with World Bank whistleblower Karen Hudes:

RT: World Bank Whistleblower Karen Hudes on Worthlessness of US Dollar

I hope you caught what Ms. Hudes just said in this interview, because, as my commentator put it, there are essentially four points, one of which tends to confirm one of the suspicions I've had about gold bullion:

  1. The most controversial statement that Ms. Hudes makes is that the wealth of the USA is being syphoned off and out of the country, thence to make its way to the City of London, and thence to the Vatican Bank (the Institute for Religious Works). This calls for some comment. While at first hearing this may seem an absurd scenario, in its favor are those recent announcements that the Vatican is looking into the operations of its bank, and has recently closed embassy accounts because of suspicions that they were used to launder money for terrorist projects and other covert operations. Oddly, this confirms the ancient pattern of banksters cloaking their activities behind the probity of the temple, or religion, that I first examined in Babylon's Banksters.
  2. & 3. Most notably, she indicates that the idea of a gold-backed currency is unfeasible, since no one really knows how much is in existence, and in fact, she points out some 170,000 tons of the stuff in the Bank of Hawaii alone. That amount exceeds most estimates of the amount of the yellow bullion in existence. I have been arguing for quite some time that metalists, Austrian economics enthusiasts, and other gold-standard advocates, could be walking into a trap. My quibble is not so much with the idea of a gold standard or even bi-metallic gold-silver standard, but rather, that if current gold estimates of existent gold are off by an order of magnitude more or less, that will dramatically affect the price of gold and therefore of any putative currencies backed by it.  And in the "high octane speculation" part of the ledger columns, one also has the possibility of "alchemical technologies", some of which have been covered in my books and articles on this website.

Finally, Ms. Hudes notes that the Bank of International Settlements and its various member banks are at the center of the corruption. Is this feasible or possible?

Actually, yes it is. I've pointed out that this notorious institution was the brainchild of Montague Norman and one Hjalmar Schacht, of the Bank of England and the German Reichsbank, during the interwar period. Mr. Schacht specifically wrote into the charter of that bank that it would be immune from any financial attack by any of its member nations. In effect, the bank was chartered with a kind of "internationally recognized national sovereignty." During World War Two, of course, it functioned as a virtual satrapy of the Nazi regime, for laundering its liquid assets  and - here it comes - bullion into western banks.  Viewed a certain way, a case could be made that it forms a crucial component in the power structure and "shop fronts" for the postwar Nazi International.

The bottom line is this: Ms. Hudes, a World Bank whistleblower is corroborating various aspects of the hypotheses I've been entertaining about what's been going on in the past few years. And I find that to be profoundly disquieting.

See you on the flip side...

Profile photo of Joseph P. Farrell
Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

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  1. WOW! Quote: “American tax dollars are going by Treaty to the UK and then being transferred to the Vatican Bank.”

    Although I have heard this theory before (Jordan Maxwell), I’ve never heard anyone say it in the open. This just blew my mind. What a crazy world we live in.

  2. Never really liked gold or for that matter money, have aways viewed these things as essentially ‘worthless’, as far as i’m concerned its a source of materialistic distraction that breeds nothing but greed and corruption. Life isn’t about wealth or fame, it’s about finding who you really are, finding your moral compass that could guide you through this illusion of reality which ultimately prepares you for the time beyond death, that’s why millennia ago when ‘humanity’ started to have imagination and ‘culture’ they also started to bury and honor their dead.
    so yeah i’m dirt poor, don’t even own a car because i’m doing as much as possible to boycott this ‘fossil fuel’ scam as well.
    But lately, i’ve been inspired by the philosophy of secretary Catherine Austin Fitts and i was thinking the possibility of implementing her philosophy.
    I envison to have my own agriculture company utilizing Russian type pyramid farming technique, distributing my company’s products without using transport that are running on fossil fuels, driving food prices and the price of oil down. It would be good if creating wealth can also change the equation and the fundamental culture, for real ‘wealth’ isn’t paper or metals but ‘knowledge’ that can be ‘transmuted’ into benefiting the human condition, materially as well as spiritually speaking.

    And i agree with Sagnacity, the U.S. remains as the most innovative and technologically advanced nation, imagine it abandons militarism and instead turn its technological prowess into ‘soft power’ and do something that could benefit humanity. But as Dr.Farrell puts it on the byteshow, a ‘cultural change’ is needed.

  3. @J P Farrell:

    No I don’t think it’s entirely military. Anyhow there are plenty of other hard currencies–like the Swiss Franc.

    I suspect the reason is technological, tech perfected 130 years ago. Been around for a while longer. So the petrodollar thing is a distraction. I guess “military” could include this 130 year old stuff.

    That’s also about when the US army launched the standardized parts project, without which there’d be no mass produced refrigerators in the 1920s, no Model Ts, no ordering parts made in Buffalo for train engines assembled in Schenectady, and certainly later no internet. No that’s not the 130 year old tech I’m thinking of, but that’s another 130 year old project developed by the US army.

    It took Germany until the 1930s to realize the importance of that one US army project.

  4. Gold is but another form of fiat concensus. And ( as pointed out in the excellent documentary The Secret of Oz ) it is in relatively short supply and hence easily controlled by bankers, et al.

    It is also easily manufactured by various artificial methods, from the “conventional” (neutron bombardment of lead in reactors) to the Philosophers’ Stone.

    Laugh all you want, O Pink Boy wannabe, but know ye this history : The Austrian Habsburgs possessed the Stone for a few generations ( in the 1600s ) before they lost the secret somehow. It is a bona fide certified factoid that Wenzel Seyler ( a rogue monk ) found the Stone in the ruins of the Franciscan monastery @ Brno, Moravia, and eventually became a favorite of the Emperor ( who of course gained possession of a large part of Seyler’s stash; this circa 1695 — Google “Wenzel Seyler” and “Johan Becher”, his biographer ). His transmutations were tested many times by the royal assayers — in fact, Seyler became Master of the Mint… Eventually his stash ran low ( he didn’t know how to make the Stone and he resorted to fraud, which modern critics claim proves that it was all a hoax… not… Theirs is merely willful ignorance, denial, and lazy scholarship…

    All that aside, consider the truth of the ancient alchemists’ sayings: “Health is your only true wealth”…. and : “The true Philosophers’ Stone is to have means and waste not.”

    &c &c &c…

    Meanwhile, you can earn Big Money working as a troll for the Federal government ! I make $20 a pop by logging onto forums like this and cut-pasting space/time-wasting twaddle ! Don’t delay — Join today ! It’s easy ! Visit webwankerdotgov, sign up, and start making mucho moolah within hours!

  5. Not unexpectedly, the talk about reform in the Institute for Religious Works (should be renamed Institute for Money Laundering – for “washing away sin”!) has just proved to be window dressing. So some new cash flows would certainly be welcome…

  6. As I have written elsewhere…and this ties in with a much larger grand “Deception” to be released upon the world at large…the new single-currency system, often coined as the “Mark of the Beast”, is to be based upon electronic “credits”.

    Thus, side-stepping and treading right over the previous system of using metal coinage and metals-based paper.

    It has been said: “He who has the gold, makes the rules”, or something akin to it.

    Soon, and virtually right over the horizon as the Earth wobbles upon its axis (of evil), “The One”, and TPTB, shall decree not only a single-payer system…but commerce based upon qubits alone.

    This begs a question: What about the metals, including the much vaunted gold? I send you along…back to our good doctor here…and “Monoatomic” gold for that answer.

  7. Quoting the headline: “Has the US Dollar now lost all value and is soon to crash as stated in this Russia Today video interview with World Bank whistleblower Karen Hudes?”

    The problem is we’ve all heard this before and it’s been wrong, for the simple reason that something else new priced in US dollars gets introduced: the really obvious examples from the 1980s and into the 1990s: computer operating systems and personal computer CPUs, both of which are a good bit more valuable to the world than gold–still. And then there’s the obvious thing called the internet, not exactly traded, but one has to have some dollars to participate.

    And there are other things to come, besides the fact of the “alchemical process” which allow for making or unmaking of elements–note it’s not alchemy; it’s a better and bigger understanding of science, which would certainly include much better approaches to diseases, art, agriculture, living with one’s neighbor.

    Looks like somebody at “Before It’s News” lost big speculating that gold was going to go up; that’s what you get for listening to Glenn Beck and believing, and now that same somebody needs to reinvent the same old story to recoup some losses.

    Let’s be clear: Real alchemy makes oil next to worthless, same with gold, and more importantly for many it obviates religion–and that’s a different real threat: No one can now say: “But my god is better than your god, so I’m better.”

    • No one can now say: “But my god is better than your god, so I’m better.”

      Oh yeah? Want to make a bet? People will ALWAYS be able to say that!

    • We’ve been hearing the “US dollar has lost all value” at LEAST since Nixon. As I recall that’s when I first heard it. As for gold, well, I haven’t bought any so I’m sure I’m a disappointment to Mr. Beck. I’m not pro-gold nor anti-gold. My problem with gold is as I outlined in the article: how can one have “faith” in a supposedly stable measure of value when one doesn’t know exactly how much there is? This is a huge problem, and to my knowledge, Ms. Hudes, whatever the faults of her statements, is the only one out there that seems to be noticing this and saying something about it.

      • And an addendum: to me the real question seems always to have been: what is the real reason for the US dollar having become, and remained, the reserve currency after the English pound? I have long suspected, and said as much in some interviews, that it wasn’t just a gold standard, but a bunch of factors, one of which was the American military and the willingness to use it in imperial projects. Or, to put it bluntly, part of the “faith” in the dollar was its backing by military force to preserve the postwar world. There are other factors too, but I think that’s definitely one of them.