I find Jim Willie a very courageous guy. He speaks the Truth. To call him an alarmist strikes me absurd. The corruption going on is so blatant, outrageous and unbelievable that it is beyond the comprehension of the average guy. We are witnessing a worldwide systemic financial meltdown.

And as to his saying that a new financial order based on the gold standard is waiting to be introduced, I can only say that is what I have heard too, and not from Jim Willie. In fact that was one of the recommendations of the Basel II agreement. What needs to happen first though is build up consensus and the way things are developing it seems to me that consensus building may become irrelevant sooner than most people think. It may be dictated soon.

Here is a link of the governer of the European Central Bank speaking recently about the introduction of a financial system based on the gold standard.

http://www.bloomberg.com/apps/news?p...