To make dollar looks good is to make gold looks bad
Everything is about CREDIT…even flushing your toilets.
Its ALL a PONZI SCHEME!
To make dollar looks good is to make gold looks bad
Everything is about CREDIT…even flushing your toilets.
Its ALL a PONZI SCHEME!
The LIBOR scandal reemerged yesterday as the BBC’s Panorama uncovered a secret recording implicating the Bank of England in the interest rate manipulation saga.
According to the BBC the central bank pressured commercial banks during the 2008 financial crisis to lower their settings for LIBOR.
In a telephone recording, aired last night in the UK, a senior Barclays manager, Mark Dearlove, can be heard instructing Libor submitter Peter Johnson, to lower his rates.
Mr Johnson: “So I’ll push them below a realistic level of where I think I can get money?”
Mr Dearlove: “The fact of the matter is we’ve got the Bank of England, all sorts of people involved in the whole thing… I am as reluctant as you are… these guys have just turned around and said just do it.”
The Barclays submitter, Peter Johnson, who is featured in the phone call was jailed in 2016 after pleading guilty to accepting requests to manipulate LIBOR.
Previous assurances from the Bank of England that they were not involved in LIBOR fixing have now come under question again.
It has long been rumoured that the LIBOR fixing went higher than the banks and individuals that were originally implicated.
In 2012, a 2008 telephone note came to light which recorded a phone call between Paul Tucker, executive at the Bank of England at the time and Barclays’ boss Bob Diamond.
The note refers to what is apparently LIBOR not needing to be ‘so high’ as instructed.
The telephone note was taken on the same day that the Panorama aired phone call between Johnson and Dearlove, took place.
Despite the published telephone note, Bob Diamond told the Treasury Select Committee in 2012 that he had only recently became aware of the manipulations.
Last week there were also new revelations in a newly published book by David Enrich, ‘The Spider Network’ in which Tom Hayes of UBS tells Enrich “This goes much much higher than me and a lot of what I know…”
Tom Hayes’ bosses were happy to accept his LIBOR fixing in exchange for higher commissions until the CFTC investigation came along. They promptly threw him under a bus and he rightly ended up in prison. However there was little implication for seniors at UBS and of course, the Bank of England.
It is amazing how many times junior employees seem to take the rap by themselves – as if there has been no instruction or oversight from their managers. In the banking world, the lone ‘rogue trader’ is a very common little beast indeed.
Hayes has repeatedly claimed that the real culprits are not the executors of the rigging but those higher up the chain who had instructions to do so.
As a result very little was done at the BOE following the fallout to LIBOR. Some staff quietly left their jobs but there were no charges brought against BOE employees.
By manipulating LIBOR, bankers (and seemingly central bankers) pushed up the cost of borrowing for ordinary people. LIBOR was not regulated in either the UK, US or anywhere else. This appears to be an almost line of defence for the Bank of England who only have to provide information on a voluntary basis to the Serious Fraud Office, as part of a new investigation.
Whoever was responsible for LIBOR, no-one is debating the fact that what went on was highly illegal and yet another example of financial institutions manipulating a market at the expense of investors and the public.
LIBOR should not have come as the surprise that it did. It took place in an environment that almost encouraged such behaviour. As we wrote back in 2012 ( LIBOR Manipulation Leads To Questions Regarding Gold Manipulation )
“A lack of transparency, a lack of enforcement of law and a compliant media which failed to ask the hard questions and do basic investigative journalism led to the price fixing continuing and the manipulation continuing unchecked on such a wide scale for so long.”
However, more scandals continue today. Not only have we had LIBOR but we see gold and silver manipulation, foreign exchange rate rigging, the London Whale scandal and money laundering assistance from big banks. Just to name a few.
There are others that are carried out in full public view and with the complete sanction of the press, regulators and the uninformed general public.
Today we have record low interest-rates (of which some are actually negative) as instructed by the Bank of England and other banks and governments around the world. This, combined with quantitative easing and other money creation policies, has prompted major stock market inflation.
In countries such as the UK we see the full-effect of low-interest rates and high levels of real inflation trickle down to the public in the form of house prices which are beyond affordable for the average earner, pushing them into further debt and a lifetime of mortgage repayments.
There are also property bubble in many major cities around the world and global debt levels continue to surge to astronomical levels sowing the seeds of the next financial crisis.
Central bank’s actual policies are to attempt to “rig” bond markets in order to keep bond prices high and interest rates low. This is seen in QE and how record low interest rates is supporting and arguably “rigging” or at least artificially boosting the stock market and the even more interest rate sensitive property market.
Given this policy to intervene in markets such as LIBOR and interest rate markets, is it not very likely that central banks may have been attempting to rig the gold market in recent years as alleged by the Gold Anti-Trust Action Committee (GATA)?
Banks have already been found guilty of rigging gold and silver and there is much evidence. However, the question is whether the central banks are using banks as proxies to push gold and silver prices lower.
The quotation from Eddie George of the BOE above strongly suggests this was the case and likely remains the case.
Artificially suppressing the prices of markets can work in the short term but in the long term it rarely works as the powerful forces of global supply and demand tend to overcome even the most determined interventions of central planners.
What does all this mean for those of us who are just trying to protect our wealth and own the financial insurance of gold and silver?
It underlines the continuing fragility and risks in the banking and the financial system where there is little transparency and little accountability.
It underlines the importance of fading out short term noise in markets in the form of frequent inexplicable concentrated selling of gold and silver futures prices. Market interventions that push prices lower in the short term despite no negative market news or deteriorating fundamentals.
It underlines the importance of not having all your wealth in the banking system where it may be subject to negative interest rates, bank ‘holidays’, capital controls and of course bail-ins.
Inside President Trump’s otherwise “standard Trump stump speech” at CPAC was nestled what might be a most intriguing observation:
Global cooperation, dealing with other countries, getting along with other countries is good, it’s very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I’m representing.
There’s a keen insight in there that could, just maybe, transform our lives, America, and the world. No “global currency?” Was this, with the poetic observation that “there is no such thing as a global anthem…or a global flag,” just a trope? Or could it contain a political portent with potential high impact on world financial markets? Let’s drill down.
As it happens, there is a global currency.
It’s called the “U.S. dollar.”
Most international trade is priced in dollars. The Bretton Woods international monetary system invested the dollar, which then was defined as and (internationally) was legally convertible to gold at $35/oz, with global currency status. France’s then-finance minister, later its president, Valéry Giscard d’Estaing, called the “reserve currency” status of the dollar — its status, along with gold, as global currency — an “exorbitant privilege.”
By this d’Estaing was alluding to the fact, as summarized at Wikipedia, that “As American economist Barry Eichengreen summarized: ‘It costs only a few cents for the Bureau of Engraving and Printing to produce a $100 bill, but other countries had to pony up $100 of actual goods in order to obtain one.'” That privilege, which made great sense during the period immediately after World War II, became a curse.
In 1971 President Nixon, under the influence of his Svengali-like Treasury Secretary John Connally, “suspend[ed] temporarily the convertibility of the dollar into gold.” That closure proved durable instead of temporary. The dollar became, and remains, the world’s global currency.
What had been an “exorbitant privilege” devolved into an exorbitant liability. As my former professional colleague John D. Mueller, of the Ethics and Public Policy Center, formerly Rep. Jack Kemp’s chief economist, writing in the Wall Street Journal in Trump’s Real Trade Problem Is Money recently and astutely observed:
a monetary system based on a reserve currency is unsustainable, since foreign official dollar reserves (for example) are acquired and must be repaid in goods. In other words, the increase in official dollar reserves equals the net exports of the rest of the world, which means it must also equal U.S. international payments deficits—an unsustainable situation.
In other words, if President Trump wishes to address America’s merchandise trade deficit (balanced to perfection, of course, by a capital accounts surplus) he will find that allowing the dollar to be used as the global currency is the real snake in the economic woodpile. The dollar’s burden as the international reserve currency, not currency manipulation by our trading partners or bad treaties, is the true villain in the ongoing melodrama of crummy job creation.
Mueller’s Wall Street Journal column enumerates the three options open to President Trump:
First, muddle along under the current “dollar standard,” a position supported by resigned foreigners and some nostalgic Americans—among them Bryan Riley and William Wilson at the Heritage Foundation, and James Pethokoukis at the American Enterprise Institute.
Second, turn the International Monetary Fund into a world central bank issuing paper (e.g., special drawing rights) reserves—as proposed in 1943 by Keynes, since the 1960s by Robert A. Mundell, and in 2009 by Zhou Xiaochuan, governor of the People’s Bank of China. Drawbacks: This kind of standard is highly political and the allocation of special drawing rights essentially arbitrary, since the IMF produces no goods.
Third, adopt a modernized international gold standard, as proposed in the 1960s by Rueff and in 1984 by his protégé Lewis E. Lehrman …and then-Rep. Jack Kemp.
To “muddle along” would, of course, be entirely antithetical to Trump’s promise to Make America Great Again. It would destroy his crucial commitment to get the economy growing at 3%+ — vastly faster than it has for the past 17 years — which also happens to be the recipe for robust job creation and upward income mobility for workers. It also is the essential ingredient for balancing the federal budget while rebuilding our infrastructure and military.
To turn the IMF into a world central bank would, of course, be anathema to Trump’s economic nationalism. To subordinate the dollar to the IMF’s SDR would be equivalent to lowering Old Glory and replacing the American flag with the flag of the United Nations on every flagpole in America. Unthinkable under a Trump administration.
That leaves the third option, to “adopt a modernized international gold standard, as proposed in the 1960s by Rueff and in 1984 by his protégé Lewis E. Lehrman … and then-Rep. Jack Kemp” (whose eponymous foundation I advise). To this one should add, as Forbes.com contributor Nathan Lewis has shrewdly observed, the removal of tax and regulatory barriers to the use of gold as currency.
Donald Trump: “We used to have a very, very solid country because it was based on a gold standard,” he told WMUR television in New Hampshire in March last year. But he said it would be tough to bring it back because “we don’t have the gold. Other places have the gold.”
Trump’s comment to GQ: “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”
Trump has been misled to believe that “we don’t have the gold. Other places have the gold.” In fact, the United States, Germany, and the IMF together have about as much gold as the rest of the world combined and America has well more than Germany and the IMF combined. [Note: This column has been updated to clarify that the United States has well more gold than Germany and the IMF combined but not, as originally stated, more than twice as much.]
We have the gold. Bringing back the gold standard would not be very hard to do.
The US government, bankrupt yet again after another disastrous war of aggression, had its back pushed to the wall in 1971.
Up until that point, foreign central banks could redeem US dollars directly with the US Treasury in exchange for gold. And, recognizing that the US was essentially bankrupt, foreign central banks, especially France, began to demand gold instead of the dollar.
And then, on August 15, 1971, Richard “I’m Not A Crook” Nixon announced the monetary shot heard around the world.
He announced that due to the shadowy and intangible “money speculators” he would “defend” the dollar by removing its convertibility into gold “temporarily”.
It was, unquestionably, the most destructive event in modern monetary history… yet hardly anyone remembers it or knows about it.
Prior to 1971, the US government and Federal Reserve were restricted in the amount of debt they could go into and the amount of money it could print.
Afterwards, everything changed.
When discussing how massive of an event it was I often show long term historical charts on the market and the economy. Notice, EVERYTHING changed in 1971… and not for the better.
US GOVERNMENT DEBT
In 1970 the total US debt was $370 billion. On the chart below it seemed fairly tame up until 1971.
As of today it stands at $19.4 trillion.
Back in 1971, government spending roughly rose at the same rate as median household income.
Quickly, after 1971, that link was broken as government spending has since grown nearly 300% in inflation-adjusted dollars while median household income has only risen 24%.
Since the US dollar has been rapidly falling since 1971 it is best to compare long term price charts to gold, rather than the dollar.
In gold terms, US wages have fallen dramatically since that ignominious year, 1971.
And the US is embroiled in a constant “minimum wage” debate as people in the US have found that they can barely survive at today’s minimum.
Little do many know, but if the US dollar was never taken off the gold standard, it would have been worth more than five times higher than today. That’s right. Today’s $7 minimum wage would be closer to $35/hour.
But, thanks to this one event, that has been buried by time and determined avoidance (certainly it’s not referred to in government indoctrination camps – schools – nor in the media), your average American has been massively impoverished.
US stock markets are currently hitting all-time nominal highs and the media and government trumpets it as a victory. But it’s not.
When compared to gold, again, the US market went down dramatically after 1971.
It only reached new highs by 2000 when, after the internet became widely used, productivity increased massively.
But it’s been all downhill since then, and now the US stock market, when priced in gold, is at the same level it was at in the early 1970s.
And, here’s the kicker. It’s not over yet.
Central banks are now fully in charge of printing as much money as they want and manipulating interest rates to zero or below. Meanwhile, the US government, unrestrained by a gold standard, is going into obscene amounts of debt.
We are soon about to witness the end stages of what began in 1971: the complete and total collapse of the economy and the financial and monetary system as well.
The government isn’t going to tell you this. Nor is the mainstream media. Even your state-approved financial advisor has no idea what’s about to happen.
And, remember, the severance of the dollar and gold was no coincidence. It was, in fact, part of a larger, long-term movement to bring the dollar to its knees.
That movement is ongoing even now. Starting right around the end of the Jubilee Year at the beginning of October, the yuan is formally integrated into the IMF’s SDR currency basket. Also, the World Bank is beginning to issue international bonds denominated in yuan (RMB).
This is a further death knell for the dollar that people don’t fully understand. Eventually, shocked US citizens will discover they can no longer fund endless military aggression and wasteful social programs by simply printing more currency. This trend will be combined with the continued, agonizing dysfunction of the world’s economy and the Pentagon’s continued, endless agitation abroad.
If you want to read more about this upcoming scenario, please subscribe to our newsletter HERE. The latest issue, coming out tomorrow, goes into some detail about this scenario and what it means for you and your pocketbook.
And, again, to reemphasize, please note the yuan/SDR conversion is taking place right at the end of the Jubilee Year. This is no coincidence. We have shown conclusively that both celebratory seasons contain repetitive timelines that include economic, military and sociopolitical disasters. Until we pointed it out here at TDV, even the savviest investors were unaware of these repetitive, planned occurrences.
But now we understand them, and others do too – thanks to TDV analysis. We thus have advance warning of significant events and the damage that will occur as a result.
Please continue to read TDV blogs and consider acting on the information we provide, especially in the newsletter. You need to take it upon yourself to protect your assets, and even profit from the coming collapse.
Everything changed on August 15, 1971… and it’s all about to change again. Be prepared.
Jeff Berwick is the founder of The Dollar Vigilante
The battle for the planet earth is raging on many fronts. The financial war remains the most important of these fronts. Here the Chinese military and the Dragon family behind them are now insisting gold will only be made available to the West if it goes through the White Dragon Foundation and is used to establish world peace, Chinese government sources say. We will talk more about this below but the other big development is that a hand written note was delivered to this writer that said “The Kamikaze will try to assassinate Bummer in Hiroshima.” The meaning is that a suicide bomber will try to kill US President Barack Obama when he visits Japan towards the end of this month.
Another intriguing, and possibly related, happening is that Japan’s national NHK broadcasting network put out a documentary stating that in 1944 a Japanese military airplane factory was hit with a pinpoint earthquake. Following this, US B29 bombers dropped leaflets saying “what shall we do to you next after the earthquake?” The seismograph of the 1944 earthquake is identical to the pattern seen in the earthquake swarm that was centered on Japanese military bases in Kyushu last month. Here is a link to the Japanese language NHK documentary about the earthquake attack.
The most likely technology being used for such attacks would be based on Nikola Tesla’s Oscillator
which was turned into a military secret by the US government in the 1930’s. The Japanese underground brought this documentary to our attention and say they will get their revenge for the latest earthquake attacks.
Russian sources, for their part, have forwarded detailed evidence of systematic killing of civilians by the Khazarian mafia in the Ukraine and elsewhere for the purpose of harvesting their organs for transplant. Some of the evidence is attached at the end of this week’s report. You can be sure the perpetrators of these crimes are being hunted.
The Khazarian mafia, desperate for a refuge from the ongoing purge, has temporarily succeeded in overthrowing the popularly elected Brazilian President Dilma Rousseff. The new government of criminals has already set about “privatizing” (looting) large sections of the economy. You can be sure the battle of Brazil is not over and the new kleptocratic government will not be stable or long lasting.
Khazarian Nazi faction senior honcho Henry Kissinger, who was not killed as Alexander Romanov of the illuminati wrongly informed us, was summoned to the Pentagon on May 9th, the date of Russia’s victory over Germany in World War 2, Pentagon sources say. There Kissinger was told…
…to inform his fellow Khazarian Mafiosi that they must let banks fail, stop stealing savings and pensions, cease using negative interest rates and that they must back the US dollar with gold. The May 9th date was chosen to symbolize US/Russian military cooperation in a message directed to the holders of the gold in Hong Kong, the Pentagon sources say.
The Chinese have reacted by, as mentioned above, offering at least 20,000 tons of gold at a 13% discount on the condition that, as mentioned before, 10% goes towards setting up a future planning agency while the other 3% is for commissions. The holders of the gold are the Chinese military who say they will not hand it over to either the Chinese communist government or to Chinese corporations. They say apart from the 20,000 tons, that has been refined into 99.99% pure 12.5 kilogram bars, there is a lot more gold still available but that it is in ingots of 60% gold and 40% copper and would need to be refined. The Chinese military report to the dragon family both CIA and Chinese government sources agree.
There are still people in the US military industrial complex who think the United States has no need to accept this offer and that now that they have taken over the Federal Reserve Board, they can print dollars to solve US problems. Republican Presidential Candidate Donald Trump is apparently one of them. On May 9th Trump said the following on CNN:
“People said I want to go and buy debt and default on debt – these people are crazy. This is the United States government. First of all, you never have to default because you print the money, I hate to tell you, okay? So there’s never a default.”
What Trump fails to understand is that while the United States can print all the money it wants to use domestically, foreigners are not going to accept unlimited dollars backed by nothing in exchange for their goods. The US has already defaulted as far is its foreign creditors are concerned. The recent failure on May 2nd of the US colony of Puerto Rico to make a 422 million dollar payment on its bonds was a de facto US government debt default. Unlike Japan’s government, which borrows from its own citizens, the US government relies of foreigners to keep it afloat. These foreigners, for good reason, no longer trust US paper. This is why it is necessary for the US to accept the very generous Chinese offer of gold to back their dollars. All they are asking for in exchange is world peace.
Since Trump is looking increasingly likely to become the next US president, he needs to get behind this offer if the US is to avoid catastrophic economic collapse. The US cannot print its way out of its international obligations.
In any case, the US military industrial complex is increasingly gravitating towards Trump. Last week “Bush consigliere Jim Baker broke ranks with Bushes and met with Trump,” Pentagon sources say. He has joined Dick Cheney in the pack of rats abandoning the sinking Khazarian Nazi ship.
It is probably too late for these rats to get full immunity for their past crimes. Last week former CIA Director George Tenet went public with information that both George Bush Jr. and Cheney ignored repeated warnings before September 11th, 2001 that the US was going to be attacked.
The role of Bush family flunkies, i.e. Saudi government officials, in that attack is now also being made public in newspapers all around the world.
The Saudis, fearing serious penalties for their role in 911 and for financing so-called Islamic terrorism, are rushing to China in hope of finding a new big brother to protect them. That is why the Saudis have offered to sell the Saudi state oil company to the Chinese. They would rather sell it to the Chinese than have it confiscated by the Americans. That is also why the Gulf petro-monarchies have said they will side with China against the US in any dispute over South China Sea islands.
The Chinese, however, have also been victims of Saudi mischief and are not about to fight the US military to protect a clan of camel rustlers turned petro-trillionaires. This is especially true because they know the Saudis are not real Muslims but are instead Satan worshipping Khazarians. The Saudis are going to have to pay for their crimes against the people of the world, there is no other choice for them.
The Satan worshipping Khazarians in the US and Europe are also are in deep trouble now that their TTIP trade agreement with Europe is doomed. The TTIP was supposed to protect them from prosecutions and from having to pay cheated investors so, without it the Khazarian banks “are toast,” the Pentagon sources say.
The shadow banking world of hedge funds is also suffering huge losses because they are no longer getting inside information from the Federal Reserve Board. The dysfunctional state of the stock and foreign exchange markets has also caused investors with real money to avoid these markets. “Investors are stewards of other people’s money and they don’t want to allocate capital to a pyramid scheme,” is how Brean Capital’s Russ Certo described the newfound sense of morality (fear of retribution) in the financial markets.
The pyramid scheme he is referring to is central banks using fiat money to prop up stock and bond markets. In other words more and more people in the financial markets are realizing they very well indeed may be imprisoned on racketeering charges if they continue with business as usual.
To conclude this week’s report, please find attached below raw intelligence from the Russians that illustrates just how evil the Khazarian mafia is and why we need to destroy this scourge once and for all.
Benjamin! Dear Benjamin. Friends, Urgent information!!! Ukrainian Genocide! Mikheil Saakashvili, and his wife Sandra Roelofs are leading this genocide…
СМОТРИТЕ САМОЕ СВЕЖЕЕ ВИДЕО Подписывайтесь на наш канал новости, новости1, новости крыма, украинские новости, новости одессы, новости молдовы, российские новости, новости 24, novosti, политика [SEE MOST FRESH VIDEO Subscribe to our feed news novosti1, news Crimea, Ukrainian news, news of Odessa, news Moldova, the Russian news, news 24, Novosti, policy]
Below is more detailed information. Thank you, Dear, for your wonderful service to humanity.
You know how much people love You.
We The People! Friends! Americans!
Please, watch a video and read below a transcript of the testimony of a SBU agent of Ukraine (SBU– Security Service of Ukraine) who describes genocide of murdering people in Ukraine and Donbass by harvesting human organs from alive people, including children and women, by a group of criminal doctors, politicians and SBU agents.
Who and Why organized a War in Ukraine
The Recognition of the SBU Agent
Кто и для чего организовал войну на Украине. Признание сотрудника СБУ.
The SBU agent explained that the criminal gang that commits genocide by harvesting human organs from alive people, including children, and by selling these human organs to Israel and other Western counties, led by Mikheil Saakashvili, and his Dutch wife, Sandra Roelofs.
Mikheil Saakashvili is the current Governor of Ukraine’s Odessa Oblast (region), and he was the third President of Georgia for two consecutive terms from 25 January 2004 to 17 November 2013.
Please, watch in this video mass graves of the murdered civilians and soldiers, photos of the organs that were taken from them, the rooms where human bodies of murdered people were dumped, and the photos of the criminals who have participated in genocide of the people of Ukraine and Donbass (Novorossya).
Below of the transcript, I placed:
1. Benjamin Fulford – Full Report – May 9, 2016
Major movement on multiple fronts including US regime change and serious political turmoil in China
Benjamin explains in his report about “…a joint US/Russian operation against the Satanic Khazarian mafia, Pentagon and other sources say. The realization that hundreds of thousands of children are being butchered by the Khazarians in the US, the Ukraine and elsewhere.”
The testimony of the SBU agent that I offer to you to watch on the video and to read is one more evidence of the crimes committed against children by The World’s largest Crime Syndicate, also, known in the USA as
· Khazarian Mafia (KM)
· Rothschild’s Jewish Mafia
· The World’s largest anti-Human Parasite
2. Benjamin Fulford provides in his report a link to the article, Spare Parts, which is an additional evidence that supports a testimony of a SBU agent about the genocide of Ukrainian people.
“Here is the reason why: BUSTED: 25,000 Ukranian children were used for spare parts in the Israeli organ harvesting program.
“An international Israeli conspiracy to kidnap children and harvest their organs is gathering momentum as another shocking story divulges Tel Aviv’s plot to import Ukrainian children and harvest their organs.
The story brings to light the fact that Israel has brought some 25,000 Ukrainian children into the occupied entity over the past two years in order to harvest their organs. It cites a Ukrainian man’s fruitless search for 15 children who had been adopted in Israel. The children had clearly been taken by Israeli medical centers, where they were used for ’spare parts’.”
Dear Friends, please, forgive me for possible grammar mistakes. I am under attack of the Khazarian Mafia, whose mercenaries commit regularly cyber-attacks on my laptops, and I will explain to you later that only three weeks ago the seventh attempt to murder me was committed by Israeli criminals…
I still feel weak, but I survived. God saved me again… Some of my friends know that these Khazarian criminals, its mercenaries, and corrupted agents of the Fusion Centers of Northern California committed against me more than 128 criminal offenses since 2010. These criminal offenses were registered in police and the FBI. This is what I faced from Khazarian Mafia because of my assistance and help to low-income tenants of California.
With my blessings to each of you,
President of the Northern California Tenant Association
The Transcript of the testimony of a SBU agent of Ukraine translated into English on the best of my ability.
Who and Why organized a War in Ukraine
The Recognition of the SBU Agent
0:22, The person in this video states that he is a SBU agent of Ukraine (SBU– Security Service of Ukraine). In December 2014, he was sent to Donbass (Novorossya), zona ATO (ЗонаАТО) with a medical group. The medical group called, The Group of Emergency and Intensive Care.
He states that they were trained for two weeks in the city of Kramatosrk (Краматорск), after which they were connected to a group of medical doctors. They received new Western medical equipment and new weapons. He explains that Col. Michenko of SBU explained to them that many soldiers want to donate their organs after their death, and the relatives of these soldiers would receive money for the organs that would be taken from the dead soldiers. However, he witnessed later that the organs were taken from alive people, including civilians–children and women.
For each person from whom the organs were taken, this SBU agent received $170.
The SBU agent states a few times during his testimony that not only internal organs such as kidneys, liver or spleens were taken from alive children, women and soldiers, but also people’s eyes, skin, bones, etc.
2:24, The professional transplantologist, Elisabeth Debruk, a citizen of Holland, required other criminals, working with her, to take organs from alive people without their permissions. Very often, she took organs from civilians, including children. For 5 or 7 minutes, Elisabeth Debruk could take couple of kidneys or other kinds of organs from an easy wounded soldier who was not heavily wounded, or from civilians. Elisabeth Debruk packed these organs in special containers and gave to SBU agents these organs to send these organs to a wife of Mikheil Saakashvili, (Гражданин Грузии и Украины М. Сукашвилли), Sandra Roelofs.
The SBU agent mentioned in his testimony City of Kramatorsk and City of Debalchevo (Donbass). He said that many organs were taken from people from sector С (Сектор Ц) near these cities.
The SBU agent explains that only for one day in February 2015 from one place where he worked with Elisabeth Debruk, they took and sent 23 (twenty three) pairs of human kidneys, livers and spleens.
3:13, The agent said that corps of the people from whom organs were taken were put on tracks and brought to the City of Artemovsk where other people of this group already prepared mass graves for murdered people.
He said our Generals and we earned a lot of money, working in Debalchevo and harvesting human organs.
4:17, The SBU agent said that he knows English well, and he witnessed how Elisabeth Debruk was talking with a wife of Mikheil Saakashvili– Sandra Roelofs who called her from Europe and who asked her to increase the number of removed organs and the quality of the organs. Sandra Roelofs was a real boss who guided this group and who ordered taking human organs from alive people of Ukraine and Donbass.
Sandra Roelofs told to this SBU agent that if he would face any problems with harvesting human organs, he need to contact Col. Vladimir Michenko, and if he would face serious problems, he should contact Vice Director of Ukrainian SBU General Alexander. (SBU– Security Service of Ukraine).
4:41, This agent testifies that everything was changed after Mikheil Saakashvili (Гражданин Грузии и Украины М. Сукашвилли), visited this place in Ukraine (Donbass) where the criminal group of medical doctors and SBU agents committed crimes of murdering people and taking from them their organs. Col. Michenko required this SBU agent to accompany Saakashvili on April 22, 2015.
Elisabeth Debruk attended all of the meetings with Saakashvili in the City of Kramatosrk and City of Lisichansk (Donbass).
Mikheil Saakashvili praised the doctors and SBU agents for harvesting human organs, and he told them that their salaries will be increased. Saakashvili called human organs “products”, and he required increasing delivery of the “products”.
5:40, “After Mikheil Saakashvili left, everything went by the devil way”, said a SBU agent. He said that murderings of people have increased dramatically. The victims, from whom organs were taken, were buried in mass graves, and he witnessed that these murdered people were declared in SBU’s documents as missing people. The relatives of these soldiers did not receive any money, and they were told that their sons and husbands were missing.
5:50, When fighting was stopped (during truce), Sandra Roelofs, a wife of Mikheil Saakashvili, started calling almost each day, requiring to increase organs’ deliveries.
The SBU agent said that Elisabeth Debruk, Roman and Svetlana took organs from Ukrainian civilians, including children.
6:00, The SBU agent explains what happened near City Opasnoe (Опасное) in Ukraine (Donbass). He provided an example of the murders of civilians, including children. He explains that Elisabeth Debruk murdered a 12 years old girl who just lost her consciousness for a few minutes from the blast occurring near. Criminal Debruck (a citizen of Holland) took kidney and spleen from this 12 years old alive child. (Look at photos at 6:12). Debruk cut organs from a father of this girl, who was NOT wounded. The agent remember a name of a father of this girl (his name was Vladimir Layshevsky). The SBU agent remembered this name because he took his passport and gave to other agents. The mother of the girl was wounded, and she was sent to a hospital for complete removal of all of her organs.
When this SBU agent checked medical documents, he saw that these three people, including a 12 years old girl, were declared dead from a blast.
As I mention above, this SBU agent said a few times during his testimony that not only kidneys, livers, and spleens were taken from alive Ukrainians and Russians, but also people’s eyes, skin, bones, etc.
6:40, The SBU agent stated that he witnessed wild genocide of civilians that took place in Ukraine and Donbass. He was shocked even he participated in it. He would not be able to participate in this genocide anymore.
On June 4, 2015, he wrote a report of a resignation. He reported to his commander that wild genocide of the civilians and soldiers is taking place in Ukraine and Donbass. Col. Michenko asked him again why he signed his resignation. The SBU agent explained again that the wild genocide of civilians and soldiers is going on… He provided supporting evidence.
7:02, He was told that he should show the mass graves of the murdered civilians and soldiers from whom their organs were taken. Please, look at the photos of these graves and watch this part of the video.
This SBU agent was told to take a vacation and relax, after which he would be promoted.
7:08, The video shows how the mass graves of civilians and soldiers in the City of Artemovsk were opened. The professional doctors— eksgumators were sent to this place.
Only in one particular place, 132 (one hundred thirty two) corps of the murdered people were found. The people were murdered because their organs were taken from them. Four people in each gave. The SBU agent does not know where they brought the corps of the people after eksgumators took them from mass graves.
7:24, The SBU agent states that on June 11, 2015, he met General Alexander Radechky in Kiev. (Nina: Radechky is a Khazarian Jew).
General Radechky told him that this agent should take a vacation and relax, after which he would be promoted and become a major. However, when this agent left a general’s office, he was immediately attacked and arrested, after which SBU agents brought him to the basement of the SBU’s building.
Those who arrested this SBU agent showed him an order for his arrest for the falsification of the documents, and they requested him to sign an agreement to go to a mental hospital. They told that if he would not agree with a mental hospital, he would be in jail or would be murdered.
The SBU agent said, “Okay, I will go to a mental hospital.” He asked just to allow him to go to his house for one night, and he gave those who arrested him $300. It was all of the money he has with him.
7:52, He asked to bring him to his home for one night. The SBU agent promised to pay to those who arrested him $1000 to each of them if they would bring him home for one night before he would go to a mental hospital… When they brought him home, he gave $1000 to each of those who arrested him.
He testifies, “I am a professional intelligence officer, and this was not a problem for me to run away even somebody watched my house…”
8:18, The former Ukrainian SBU agent appeal to all of us… He shows videos and photos of mass graves and organs that were taken from alive people who were murdered. He showed video of criminals who have participated in genocide of civilians and soldiers in Ukraine and Donbass.
8:25, You can see on his videos the corps of people from whom their organs were taken. You can see the rooms where human bodies were dumped after the organs were taken from alive people and they were murdered.
8:33,The SBU agent said that he can show other mass graves of the people who were murdered because their organs were taken from them. He explains about mass graves near a village Chassovya (Часовья), in which were buried more than 97 (ninety-seven) people, from whom their organs were taken.
He stated that more than 20 (twenty) of these murdered people were civilians, children and women.
8:50, The SBU agent explains about a mass grave near City of Uglegorsk (Углегорск) where more than 30 (thirty) people were buried. He states that these people were murdered because their organs were taken from them.
9:01, He contacted WikiLeaks describing genocide of people of Ukraine and Donbass.
The SBU agent states one more time that criminal Mikheil Saakashvili (Гражданин Грузии и Украины М. Сукашвилли) and his Dutch wife, Sandra Roelofs, are those who are leading this genocidal business of murdering civilians, including children and women, and soldiers in order to take their organs, skin, eyes and bones and to sell.
9:00, The SBU agent said that he knows that he is guilty because he participated in this wild genocide. He says that he deserves severe punishment.
However, he would not give up, and he will do everything that he can in order to expose this Genocide and harvesting of organs from alive and healthy people of Ukraine and Donbass, including of harvesting of organs from children and women.
The SBU agent states that this Genocide did not stopped. The Genocide of people of Donbas (Novorossya) and Ukraine continues…
9:13, The SBU agent said his former coworker, Gennady Getman, was promoted, and he is now a leader of the medical group that murders alive people, including children by taking organs from alive people. He stated that Gennady Getman falsifies documents, declaring alive and healthy people as being dead, after which the criminal doctors take organs from these people, and the murdered people were buried in mass graves.
He said that any of the Ukrainians or people from Donbass could become victims of these murderers.
9:35, This repentant SBU agent appeals to all of us, asking to help him to stop this Genocide of People of Ukraine and people of Donbass!
Translated to the best of my ability,
President of the Northern California Tenant Association
Ukrainian kids, new victims of Israeli ‘organ theft’
An international Israeli conspiracy to kidnap children and harvest their organs is gathering momentum as another shocking story divulges Tel Aviv’s plot to import Ukrainian children and harvest their organs.
The story brings to light the fact that Israel has brought some 25,000 Ukrainian children into the occupied entity over the past two years in order to harvest their organs. It cites a Ukrainian man’s fruitless search for 15 children who had been adopted in Israel. The children had clearly been taken by Israeli medical centers, where they were used for ‘spare parts’.
The account was unveiled five days ago by a Ukrainian philosophy professor and author, Vyacheslav Gudin, at a pseudo-academic conference in the Ukrainian capital, Kiev. Gudin told an estimated 300 attendees of the Kiev conference that it was essential that all Ukrainians be made aware of the genocide Israel was perpetrating.
The conference also featured two professors who presented a book blaming “the Zionists” for the Ukrainian famine of the 1930s, as well as the country’s current condition.
Meanwhile, Ukrainians demonstrated outside the Israeli Embassy in Kiev on Tuesday to protest a letter signed by 26 Knesset members (MKs) condemning what they described as anti-Semitic remarks by presidential candidate Sergey Ratushnyak. Protesters chanted ‘Ukraine isn’t the Gaza Strip,’ suggesting that they consider the effort by the Israeli MKs as an intervention in their country.
A story, published in the Arabic-language Algerian daily al-Khabar in September, reported that Interpol, the international police organization, has revealed the existence of ‘a Jewish gang’ that was ‘involved in the abduction of children from Algeria and trafficking of their organs.’
According to the story, bands of Moroccans and Algerians had been roaming the streets of Algerian cities in an attempt to hunt around for young children. They then trafficked the kids across the border into the neighboring Morocco.
The children were then sold to Israelis and American Jews in Oujda, the capital of eastern Morocco, for the purpose of organ harvest in Israel and the United States.
The story is based on statements made by Mustafa Khayatti, head of the Algerian National Committee for the Development of Health Research. Khayatti maintains that the abduction of children in Algeria is linked to arrests made in New York and New Jersey at the end of July, in which several Jewish men were among the 44 arrested in connection to an investigation into illegal organ trafficking and political corruption.
The story comes in line with the article published last month in Aftonbladet, Sweden’s largest circulation daily, suggesting that the Israeli army kidnapped and killed young Palestinians to harvest their organs. It shed light on the case of Bilal Ahmed Ghanem, a 19-year-old Palestinian man, who was shot dead in 1992 by Israeli forces in the West Bank village of Imatin.
Bostrom, who witnessed the man’s killing, said Ghanem’s body was abducted following the shooting and was returned at midnight, during an imposed curfew, several days later by the Israeli military with a cut from the stomach to the neck that had been stitched up.
Bostrom argued that an autopsy would be required if the cause of death was not apparent, while in this case it was clear that Bilal was shot dead.
By Joe Withrow
Author of ‘The Individual is Rising’
Gold has been money for most of recorded human history. Industrial capitalism operated on a global gold standard up until the world wars shredded Europe’s economy. In 1933, President Roosevelt criminalized private gold ownership using an executive order, and the U.S. government forced citizens to sell their gold at a below-market valuation. This gold was melted down into bricks and shipped to Fort Knox where KPMG says it still sits to this day.
The Bretton Woods Agreement was executed in 1944, which pegged the U.S. dollar to gold at $35 per ounce, and installed the dollar as the world’s reserve currency. Under Bretton Woods, all other national currencies were pegged to the dollar, and foreign central banks could exchange dollars for gold at the fixed rate.
The Bretton Woods Agreement required the U.S. government to maintain the dollar-to-gold exchange ratio, but that didn’t happen. The U.S. government instead ramped up the printing presses to power its “Guns and Butter” campaigns in the fifties and sixties. Eventually foreign central banks caught on and began to exchange their dollar reserves for gold through the gold window. Gold steadily flowed out of the U.S. Treasury until August 15, 1971 when President Nixon unilaterally closed the gold window and ended the U.S. dollar’s direct convertibility to gold.
This action thrust the entire world onto a fiat monetary standard where all currencies floated in value against one another. The word “fiat” is defined as: an arbitrary order or decree, and the word very literally means “let it be done” in Latin. Fiat money is simply money that comes into existence and derives its value exclusively from government decree.
Free market economists, specifically those of the Austrian school, decried this move immediately. Fiat money had been used on a national level on numerous occasions throughout history, they said, and each time it led to economic disaster. Now you want to try it on a global scale? You are asking for a catastrophe!
Many of the Austrians didn’t think the fiat system would even survive the decade.
The reason being is really just common sense: if you give a select group of people the ability to create money out of thin air then they are going to do just that. And they are going to keep on doing just that in greater quantities, especially when they discover that they can funnel the new money to their own friends and business partners. Here’s the kicker: each new monetary unit that comes into circulation necessarily steals value from all of the other monetary units in existence.
This is just basic economics, but French economist Richard Cantillon noticed something especially nefarious about this dynamic way back in the early 1700’s. When such a fiat money system is employed, the people who receive the new money first – always the politically connected and financial elite – become fantastically wealthy while everyone else becomes poorer over time. In other words, Cantillon said, this system actively transfers purchasing power away from everyone who holds money, and it funnels this purchasing power directly to the few people who are on the receiving end of the printing presses!
This came to be known as the Cantillon effect, and it is the sole reason for the massive wealth disparity that has come to exist in the U.S. over the past four decades. There is a reason why the suburbs surrounding Washington, DC have become the wealthiest counties in the country. The Federal Reserve has been systematically transferring the nation’s wealth to Washington (and New York) for forty years now.
The fiat monetary system has fundamentally transformed how the economy operates as well. Free market purists, of which I am one, can list numerous reasons why the Bretton Woods System was a crony fractional gold standard that was riddled with problems right from the start, but it did serve to restrict the creation of currency and credit to a certain degree.
Gold was the restrictive mechanism. The amount of currency and credit in circulation was tied directly to the amount of gold in the vaults. Though the system was imperfect, credit could only come from real savings which could only come from real production prior to 1971.
Contrast this to the creation of credit today. Banks are required to hold a fraction of deposits in reserve in order to issue credit. This reserve number is roughly 10%.
In other words, banks can issue a $1,000 loan for every $100 on deposit with a simple journal entry. But the $1,000 created by the loan typically finds its way back into the banking system. Very few people take out a loan and stuff the cash in their mattress; they usually use it to purchase something. The business or person on the receiving end of that transaction typically deposits the proceeds from the sale into their bank account. At that point there is an extra $1,000 floating around in the system… which means banks can now issue additional loans up to $10,000 on top of the new $1,000 deposit.
Now it may not be the same bank with the additional $1,000 deposit, but all of the banks are tied together via the central banking system so the net effect for the entire system is the same. The credit expansion feeds itself and self-perpetuates.
The U.S. national debt was effectively restricted by gold as well, as the Feds found out when French President Charles de Gaulle began shipping dollars back to the U.S. Treasury in exchange for gold.
Gold was like the fuddy-duddy who collected everyone’s car keys at the door of the college party. He would let you have a little bit of fun, but he drew a distinct line in the sand.
So what has happened to the economy since 1971 is not a mystery – everything can be traced back to the fact that we went from using real money to using money created from thin air. The data very clearly shows the results of this:
The perpetuation of this system depends entirely on continued credit expansion. The house of cards will fall as soon as the credit dries up.
Here’s the funny thing about this: the Baby Boomers have spent most of their adult lives immersed in this system. Their children have spent their entire lives in this system. This monetary system is anomalous from a historical perspective and it is completely unsustainable, but most people alive today consider it absolutely normal. They have known nothing else.
So the fiat money system has chugged right along with its booms and busts, seemingly oblivious to the mounting problems and the select few voices crying wolf. The system has hit road blocks several times during each decade, but it has overcome and persevered on each occasion – elevating asset prices in the U.S. to new highs as it advanced.
This has made the average investor complacent. Talk to your neighborhood financial professional and he will tell you decisively how it all works: Stocks always go up over time. So does real estate. Government bonds are your safe haven. Corrections happen from time to time – you just need to wait them out.
He’s not trying to trick you – that is what mainstream finance believes. Indeed, that’s mostly how it has worked for quite some time now. The normalcy bias is firmly entrenched.
What isn’t often considered, however, is that we haven’t seen the other side of the credit cycle since the fiat monetary system came to being. Credit has been expanding consistently, and interest rates have been falling since the early 1980’s. At some point the cycle has to turn.
That point may be rapidly approaching. The puppet masters are engaging in more and more aggressive policies in an effort to keep the system progressing forward.
Policymakers in Japan and Europe have already pushed sovereign interest rates into negative territory. Chinese policymakers, as of last week, have done the same. This is capitalism flipped upside down. Instead of receiving a rate of return on their capital, savers actually must pay interest to purchase government bonds or to keep their money in the bank.
Think about what this means for large institutional investors. Are they really going to deploy their capital in a way that guarantees a loss?
What about insurance companies? Millions of people and businesses around the world have bought insurance policies to protect their homes, businesses, property, and even entire cities. These insurance companies must maintain a huge cash reserve in order to honor their guarantees as claims come in. Are these companies going to keep their cash reserves in accounts that steadily eat away at their capital because of negative interest rates?
You could ask the same question about pension funds.
And how about individuals all around the world? Are people going to keep their money in the bank and watch their account steadily dwindle month in and month out? Aren’t deposit accounts supposed to protect capital in a liquid manner?
A general rule of thumb is that capital flows to where it is treated best. Right now, that place is the United States. With the rest of the world descending into negative interest rate territory, the Federal Reserve has actually been talking about raising interest rates.
It is only logical to expect huge amounts of capital to rush into the U.S. credit and financial markets to escape the ills of negative interest rates. But this would drive Treasury yields down and send the U.S. dollar skyrocketing relative to all other currencies which would cause massive imbalances in the global economy.
Here’s just one example: emerging market debt has exploded by more than 600% in the last ten years alone. This debt is denominated in dollars, but the emerging market debtors earn money in their own currencies. This means they must convert their currencies to dollars to service this debt. If the dollar-to-emerging market currency exchange ratio is too extreme then these debts simply cannot be paid. Then problems in the credit markets really start to cascade.
So if the Fed pursues its “normalization” policies then the global economy faces some major problems. But the Fed has taken a more dovish stance recently, and Janet Yellen has even name-dropped negative interest rates.
Will the Fed follow the world into the realm of negative interest rates to suppress the dollar and avoid shaking up the global economy? This of course would lead to a different set of problems. If all of the world’s major economies were submersed in negative interest rates, there would be no safe haven for the aforementioned economic actors to run to within the financial system. So what would they do?
Maybe they would just take it on the chin and let their capital gradually decay. Or, much more likely, they would move into physical cash and gold as a means to preserve their capital thus triggering a global bank run – something long thought conquered in the age of central banking.
Oh, and this is more than just a theory… a number of power players are already starting to do just that – move into physical cash and gold.
Could the Great Reset be at hand?
Of course, nobody knows for certain. Prominent Austrian economists thought the fiat monetary system would crash and burn a long time ago. They have been wrong for decades on this. Maybe they will be wrong for decades more… or maybe they will finally be proven right.
What’s important to take from this is that the rules of the game are changing. Those stuck within the old paradigm of mainstream finance have huge threats facing their retirement, and quite possibly even their current standard of living.
While government may see gold as the barbaric relic of the past monetary history, it still will serve as a hedge against them from the private individual side. Our biggest problem is the Hunt for Money. They are of the opinion it is not their fiscal mismanagement that is causing the instability, it is that we have money they see as their’s. This is the historical classic battle between Public and Private I have warned about. You may not be able to travel with gold any more as they close the corral and try to slaughter us for money. But history still demonstrates they will collapse. It is then when gold will provide its more historic base purpose as the hedge against government. It is not a hedge against inflation nor will it track with the increase in money supply. It is driven by confidence and the lack thereof. When the latter raises it head, then it is time for gold to rise. Keep in mind I would recommend real gold coins of bullion value common dates compared to bullion. At least then you can claim you are a coin collector. That worked before at least in the 1930s.
“Own Some Solid Currency, In Other Words … Gold” Warns Faber
“Leave a million dollars with a bank, and in a year, you get only something like $990,000 back,” Marc Faber, respected publisher of the Gloom, Boom & Doom Report, told Bloomberg by phone yesterday.
“I would rather want to own some solid currency, in other words … gold” warned Faber.