The cryptocurrency has risen nine-fold since the beginning of the year. – CNET
It is rapidly rising to the 10K level as predicted earlier this year by some observers.
There are many reports that the fiat currency is in ICU and the reading on the EKG (heart monitor) is deadly low. The ‘doctors’ are desperate.
While the whole world is focused on Bitcoin, something is brewing in ‘gold’ which is sidelined and unreported, both in the alternate and the lame stream media.
A grimly worded Ministry of Foreign Affairs (MoFA) report circulating in the Kremlin today states that as signs are emerging that a “money tsunami” may soon spur the quadrupling of gold prices to over $5,000an ounce, Federation Council member Senator Suleyman Kerimovhas been arrested in France—despite his having diplomatic immunity covered under the protections provided to foreign diplomats under the Vienna Convention on Diplomatic Relations—but whose true “purpose/reason” behind his illegal detention is due to his families ownership of Polyus—which is Russia’s largest gold producer, and one of the world’s largest top 10 gold mining companies
As to why Senator Suleyman Kerimov traveled to France on 20 November, this report explains, was to meet with Jason Cozens and Ben Davies—who are the co-founders of the stealthy London fintech startup Glint—and that has become the most feared company in the entire Western world for their creating a new global currency based entirely on gold—and whose stated goal is:
At a time of extraordinary monetary policy and when trust in currencies, banks and existing payment systems has been eroded, Glint helps us move to a more stable global economy.
A new global gold currency, foreign exchange and payments account, Glint is a timely innovation with immediate and reliable application. A game changer, it brings you money that is reliable and independent and gives you more control in the way you store, spend, exchange and transfer money.
Gold is the most reliable store of value – Glint is the only way to spend it.
Through our innovative app, Mastercard® and banking integration you can use gold as money in every sense of the word. It’s entirely liquid yet still gives the same reassurance and universal recognition it always has. We’re taking gold out of the vaults and putting it into your hands.
With Polyus having proven gold reserves totally an astounding 64.3 million ounces, this report notes, its merging with the new global currency Glintwould provide to the world the most secure and private means of conducting financial transactions ever known—but that would be at the expense of the now completely discredited Society for Worldwide Interbank Financial Telecommunication(SWIFT)—whose strict secrecy rules were grossly violated by the _“Deep State”- in their shocking attempt to discredit President Donald Trump.
Its pretty clear that with all the happenings around the rotten financial system, the controllers’ control button is jammed and I’m just wondering which one will kill the bank$ter$ first – crypto or gold?
Meantime, I’m enjoying this video…that killed the Radio Star?
Bank of England implicated in LIBOR scandal by BBC
“We’ve had some very serious pressure from the UK government and the Bank of England about pushing our Libors lower.”
“This goes much much higher than me” -UBS’ Tom Hayes
Libor distraction as all markets are manipulated today
Central bank’s “rigging” bond markets and likely gold
Risks of bank ‘holidays’, capital controls and of course bail-ins remains
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.
Chickens coming home to roost
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.
Conclusion: Is LIBOR just a distraction?
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.
“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.
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.
As I have repeatedly observed Donald Trump shows a strong affinity for gold. He has also shown a keen intuitive grasp of how the gold standard was crucial to having made America great:
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.
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.
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…
Nina Sidorova
Кто и для чего организовал войну на Украине. Признание сотрудника СБУ. Размножить! [Who and what is organized war in the Ukraine. Recognition of the SBU. Ripple!]
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]
00:09:39
Benjamin, Dear,
Below is more detailed information. Thank you, Dear, for your wonderful service to humanity.
You know how much people love You.
Nina,
Your Friend!
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.
“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,
Nina Sidorova,
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,
Nina Sidorova,
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.
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 U.S. money supply has exploded since 1971.
The cost of living has risen dramatically because of this monetary expansion.
The U.S. national debt has exploded by a factor of 10 – it has quite literally doubled more than three times in forty years.
Unfunded government liabilities have exploded all around the world – eclipsing $210 trillion in the U.S.
Household debt has exploded significantly, and household debt-to-income has now surpassed 130%.
Interest rates have been pushed negative around the world, and to near-zero in the U.S. which has prevented seniors and conservative investors from earning any real returns on their savings.
Real money and savings have been replaced by credit – the entire economy has been hooked on cheap credit.
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.
Related
“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.
Overstock CEO Patrick Byrne’s crusade against naked short sellers in particular, and Wall Street and the Federal Reserve in general, has long been known and thoroughly documented (most recently with his push to use blockchain technology to revolutionize the multi-trillion repo market).
But little did we know that Overstock’s Chairman Jonathan Johnson is as vocal an opponent of the fiat system, and Wall Street’s tendency to create bubble after bubble, if not more than Byrne himself. That, and that his company actually puts its money where its gold-backed money is and in preparation for the next upcoming crash, has taken unprecedented steps to prepare for what comes next.
One week ago Johnson, who is also candidate for Utah governor, spoke at the United Precious Metals Association, or UPMA, which we first profiled a month ago, and which takes advantage of Utah’s special status allowing the it to use gold as legal tender, offering gold and silver-backed accounts. As a reminder, the UPMA takes Federal Reserve Notes (or paper dollars) which it then translates into golden dollars (or silver). The golden dollars are based off the $50 one ounce gold coins produced by the Treasury of The United States. They are legal tender under the law and are protected as such.
What did Johnson tell the UPMA? Here are some choice quotes:
We are not big fans of Wall Street and we don’t trust them. We foresaw the financial crisis, we fought against the financial crisis that happened in 2008; we don’t trust the banks still and we foresee that with QE3, and QE4 and QE n that at some point there is going to be another significant financial crisis.
So what do we do as a business so that we would be prepared when that happens. One thing that we do that is fairly unique: we have about $10 million in gold, mostly the small button-sized coins, that we keep outside of the banking system. We expect that when there is a financial crisis there will be a banking holiday. I don’t know if it will be 2 days, or 2 weeks, or 2 months. We have $10 million in gold and silver in denominations small enough that we can use for payroll. We want to be able to keep our employees paid, safe and our site up and running during a financial crisis.
We also happen to have three months of food supply for every employee that we can live on.
The contents of the rest of his speech are largely familiar to advocates of sound money: fiat paper has no value, solid gold – as both a currency and an asset – has tremendous value but is difficult to transport (and since a systemic collapse would certainly involve gold confiscation, portability would be an issue); gold-backed money may be the best option, and so on.
We are confident the echo-chamber of worthless econohacks and macrotourists, the same ones who were absolutely certain the great financial crisis will never happen, will be quick to mock “prepper” Johnson and Wall Street pariah Overstock. And they have every right to do so. We only hope that after the next crash, with central banks all in and when calls for another global bailout hit a fever pitch, that all those pundits who made fun of the Johnsons of the world, will keep their damn mouth shut.
Many people will find this interview is just too “out there” to be true but please listen with an open mind and follow the research where it leads you. This is amazing stuff when you think about it because it explains WHY and HOW we got here.
*Note: I just got off the phone with someone that knows first hand that there is a secret operation still going on in the Grand Canyon as he was “detained” in the 1960’s while on a fishing expedition and was taken to a military base within the cordoned off area. He claims to have SEEN mining operations going on as well as some of the Egyptian artifacts. This source is more than credible to me and his description and detail of the area fits exactly with my analysis of what happened with the Fed in 1913.
Enjoy hearing one of the greatest secrets of all time!
By: Sorcha Faal, and as reported to her Western Subscribers
A curious Ministry of Finance (MoF) report circulating in the Kremlin today says that the Central Bank of Russia (CBR) has “accepted for protection” 3 million ounces of gold worth over $3.5 billon from US banking and financial services giant Citigroup along with a further nearly $100 billion in cash.
According to this report, 1.4 million ounces of this now protected gold in the vaults of the CBR were shipped directly from Venezuela after this past April’s complex agreement between that South American nation and Citigroup, with the remaining 1.6 ounces coming from various countries this banking and financial service giant has cut ties with in the past year and a half.
Of the 11 nations, including Japan, that Citigroup has cut ties with, this report explains, even in the face of Western sanctions Citigroup has refused to sever its Federation relationship with its chief financial officer, John Gerspach, simply telling the Obama regime “We are not leaving Russia”.
Citigroup itself on its webpage, this report notes, further explains this relationship with the Federation by stating:
President Vladimir Putin receives Sandford Weill executive chairman of the Citigroup transnational
.
Of the $100 billion in cash “accepted for protection” by the CBR from Citigroup, this report continues, all of it was airlifted to Moscow from Cairo this past week ahead of today’s Central Bank of Egypt ruling approving the sale of this US banking giants assests in that country to the Commercial International Bank (CIB) which they had announced this past June.
As to why Citigroup had a staggering $100 billion in cash secreted away in their Egyptian banks this report doesn’t say, but the MoF does note that the gold and monies “accepted for protection” by the CBR from Citigroup now exist under Federation laws and are not allowed to be claimed by any foreign entity, including the United States.
Russian Central Bank Moscow
.
As to why Citigroup would need such extraordinary protection of their assests, MoF experts contributing to this report explain, is due the Obama regimes relentless assault upon it that includes a $700 million fine for “unfair and deceptive practices” a few weeks ago and a continuing investigation into student loan servicing this banking giant warns could result in even more financial penalties…all of which are on top of the $7 billion they were forced to pay last year due to their mortgage loan practices.
Critical to note is that this dire MoF assessment of what is to come has been bolstered by former British Prime Minister Gordon Brown’s top advisor Damian McBride, who grimly stated yesterday:
As more nuclear capable American and Russian forces converge on the Western Front however, this report grimly concludes, the advice to the Obama regime by one of their top economic counselors, Paul Krugman, that either a World War, or war with aliens, is needed to fix their economy, one can readily see where this is all going to end up…much sooner than later.
And though Citigroup is now protecting itself, one can only wonder how many others are too. But, no matter what happens, even if it’s the worst, no one can say that they weren’t warned…only that they didn’t listen.
Most of you know that I have been analyzing “how we got here” for over a decade and have discovered irrefutable evidence that Alan Greenspan was charged with destroying the unbacked fiat monetary system and taking down the banking cabal starting all the way back in the early 1960’s. Ultimately, it will lead us back to a true and honest Gold Standard. That is what the Road to Roota Theory is all about.
Greenspan IS Roota!
Those who have no idea what I’m talking about can either read my hundreds of articles I have written on the subject or just read this single testimony from the man himself… Bix Weir
With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs.
But the insiders know different. And if there’s any single person out there who understands U.S. monetary policy and its long-term effects on domestic and global affairs it’s former Federal Reserve chairman Alan Greenspan. As the head of the world’s most powerful central bank for nearly two decades he’s privy to the insider conversations and government machinations that have brought us to where we are today.
Greenspan recently joined veteran resource analyst Brien Lundin at the New Orleans Investment Conference to share some of his thoughts. According to Lundin, the former Fed chairman made it clear that the central bank is facing a serious problem and one that will have significant ramifications in the future.
We asked him where he thought the gold price will be in five years and he said “measurably higher.”
In private conversation I asked him about the outstanding debts… and that the debt load in the U.S. had gotten so great that there has to be some monetary depreciation. Specially he said that the era of quantitative easing and zero-interest rate policies by the Fed… we really cannot exit this without some significant market event… By that I interpret it being either a stock market crash or a prolonged recession, which would then engender another round of monetary reflation by the Fed.
He thinks something big is going to happen that we can’t get out of this era of money printing without some repercussions – and pretty severe ones – that gold will benefit from.
If we are in fact staring a major market event in the face as Alan Greenspan proposes then wealth preservation should be a key tenet of any preparedness strategy going forward. Greenspan himself, somewhat ironically, was a gold bug and proponent of sound money prior to his appointment as the chairman of the Fed. And though he didn’t discuss it much during his tenure, he is now actively saying that we can expect to see gold markedly higher within the next five years.
His assessment is likely based on concerns over the U.S. dollar which will, as Lundin notes, more than likely suffer a currency devaluation at some point in the future.
The end has to come at some point… If you look at a chart of the U.S. dollar index it has gone nearly parabolic in the last few months… In any market that is so one sided, that is accelerating so rapidly, that trend will end… it will most likely end in a fairly violent fashion.
And if gold rises as a result, so too will other resource assets in the energy and mining sectors. What it boils down to is that the assets that are necessary to keep our system operating will always have value, and that is especially true in a situation where the U.S. dollar happens to be crashing. Uranium , for example, powers one in five American homes, which means that it will always be a necessary resource, regardless of what the dollar does or doesn’t do. Lundin’s assessment is echoed by Uranium Energy Corp CEO Amir Adnani, who recently said we may well see a “resurgence” in the price of this and natural resources like gold.
The same can be said for oil and agriculture resources.
They will always have value, regardless of whether the dollar is strong or violently collapses under its own weight.
Thus, when we consider ways to preserve wealth and insulate ourselves from the coming destruction of our currency one must consider holding physical assets. For some that means stockpiling food and other supplies in anticipation of Greenspan’s market event that could adversely affect credit flows and delivery of essential goods. For others who may currently hold stocks, U.S. Treasurys, or cash, diversifying your portfolio with well managed resource-based companies will not only preserve wealth during currency volatility, but build it as the value of real, physical assets rises.
The man who is essentially the architect responsible for domestic monetary policy under four U.S. Presidents has now said that a significant market event will take place when the Fed is eventually forced to exit their monetary easing and zero-interest rate policies.
Swiss, French call to bring home gold reserves as Dutch move 122 tons out of US
The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany.
An unmatched pace of money printing by major central banks has boosted concerns in European countries over the safety of their gold reserves abroad.
The Dutch central bank – De Nederlandsche Bank – was one of the latest to make the move. The bank announced last Friday that it moved a fifth of its total 612.5-metric-ton gold reserve from New York to Amsterdam earlier in November.
It was done in an effort to redistribute the gold stock in “a more balanced way,” and to boost public confidence, the bank explained.
“With this adjustment the Dutch Central Bank joins other banks that are keeping a larger share of their gold supply in their own country,” the bank said in a statement. “In addition to a more balanced division of the gold reserves…this may also contribute to a positive confidence effect with the public.”
Dutch gold reserves are now divided as follows: 31 percent in Amsterdam, 31 percent in New York, 20 percent in Ottawa, Canada and 18 percent in London.
Meanwhile, Switzerland has organized the ‘Save Our Swiss Gold’ referendum, which is taking place on November 30. If passed, it would force the Swiss National Bank to convert a fifth of its assets into gold and repatriate all of its reserves from vaults in the UK and Canada.
“The Swiss initiative is merely part of an increasing global scramble towards gold and away from the endless printing of money. Huge movements of gold are going on right now,” Koos Jansen, an Amsterdam-based gold analyst for the Singaporean precious metal dealer BullionStar, told the Guardian.
France has also recently joined in on the trend, with the leader of the far-right National Front party Marine Le Pen calling on the central bank to repatriate the country’s gold reserves.
In an open letter to the governor of the Banque de France, Christian Noyer, Le Pen also demanded an audit of 2,435 tons of physical gold inventory.
Germany tried and failed to adopt a similar path in early 2013 by announcing a plan to repatriate some of its gold reserves back from the US and France.
The efforts fizzled out this summer, when it was announced that Germany decided to leave $635 billion worth of gold in US vaults.
Germany only keeps about a third of its gold at home. Forty-five percent is held in New York, 13 percent in London, 11 percent in Paris, and only 31 percent in the Bundesbank in Frankfurt.
If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country’s currency could take on unexpected strength in today’s international financial system. It would be a gamble, of course, for China to use part of its reserves to buy enough gold bullion to displace the United States from its position as the world’s largest holder of monetary gold. (As of spring 2014, U.S. holdings amounted to $328 billion.) But the penalty for being wrong, in terms of lost interest and the cost of storage, would be modest. For the rest of the world, gold prices would certainly rise, but only during the period of accumulation. They would likely fall back once China reached its goal.
The broader issue — a return to the gold standard in any form — is nowhere on anybody’s horizon. It has few supporters in today’s virtually universal embrace of fiat currencies and floating exchange rates. Yet gold has special properties that no other currency, with the possible exception of silver, can claim. For more than two millennia, gold has had virtually unquestioned acceptance as payment. It has never required the credit guarantee of a third party. No questions are raised when gold or direct claims to gold are offered in payment of an obligation; it was the only form of payment, for example, that exporters to Germany would accept as World War II was drawing to a close. Today, the acceptance of fiat money — currency not backed by an asset of intrinsic value — rests on the credit guarantee of sovereign nations endowed with effective taxing power, a guarantee that in crisis conditions has not always matched the universal acceptability of gold.
If the dollar or any other fiat currency were universally acceptable at all times, central banks would see no need to hold any gold. The fact that they do indicates that such currencies are not a universal substitute. Of the 30 advanced countries that report to the International Monetary Fund, only four hold no gold as part of their reserve balances. Indeed, at market prices, the gold held by the central banks of developed economies was worth $762 billion as of December 31, 2013, comprising 10.3 percent of their overall reserve balances. (The IMF held an additional $117 billion.) If, in the words of the British economist John Maynard Keynes, gold were a “barbarous relic,” central banks around the world would not have so much of an asset whose rate of return, including storage costs, is negative.
There have been several cases where policymakers have contemplated selling off gold bullion. In 1976, for example, I participated, as chair of the Council of Economic Advisers, in a conversation in which then U.S. Treasury Secretary William Simon and then Federal Reserve Board Chair Arthur Burns met with President Gerald Ford to discuss Simon’s recommendation that the United States sell its 275 million ounces of gold and invest the proceeds in interest-earning assets. Whereas Simon, following the economist Milton Friedman’s view at that time, argued that gold no longer served any useful monetary purpose, Burns argued that gold was the ultimate crisis backstop to the dollar. The two advocates were unable to find common ground. In the end, Ford chose to do nothing. And to this day, the U.S. gold hoard has changed little, amounting to 261 million ounces.
I confronted the issue again as Fed chair in the 1990s, following a decline in the price of gold to under $300 an ounce. One of the periodic meetings of the G-10 governors was dedicated to the issue of the European members’ desire to pare their gold holdings. But they were aware that in competing with each other to sell, they could drive the price of gold down still further. They all agreed to an allocation arrangement of who would sell how much and when. Washington abstained. The arrangement was renewed in 2014. In a statement accompanying the announcement, the European Central Bank simply stated, “Gold remains an important element of global monetary reserves.”
Beijing, meanwhile, clearly has no ideological aversion to keeping gold. From 1980 to the end of 2002, Chinese authorities held on to nearly 13 million ounces. They boosted their holdings to 19 million ounces in December 2002, and to 34 million ounces in April 2009. At the end of 2013, China was the world’s fifth-largest sovereign holder of gold, behind only the United States (261 million ounces), Germany (109 million ounces), Italy (79 million ounces), and France (78 million ounces). The IMF had 90 million ounces.
However much gold China accumulates, though, a larger issue remains unresolved: whether free, unregulated capital markets can coexist with an authoritarian state. China has progressed a long way from the early initiatives of Chinese leader Deng Xiaoping. It is approaching the unthinkable goal of matching the United States in total GDP, even if only in terms of purchasing-power parity. But going forward, the large gains of recent years are going to become ever more difficult to sustain.
It thus seems unlikely that, in the years immediately ahead, China is going to be successful in vaulting over the United States technologically, more for political than economic reasons. A culture that is politically highly conformist leaves little room for unorthodox thinking. By definition, innovation requires stepping outside the bounds of conventional wisdom, which is always difficult in a society that inhibits freedom of speech and action.
To date, Beijing has been able to maintain a viable and largely politically stable society mainly because the political restraints of a one-party state have been offset by the degree to which the state is seen to provide economic growth and material wellbeing. But in the years ahead, that is less likely to be the case, as China’s growth rates slow and its competitive advantage narrows.
End
* A note from Bix Weir *
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This is NOT a mystery flip from Alan Greenspan but rather a very carefully planned out transition that began in the 1960’s as cooked up by Greenspan and his mentor, Fed Chairman Arthur Burns, to destroy the fiat system thus forcing a return to a TRUE Gold Standard!!
I laid it all out in January 2007 and if you haven’t read it yet here it is…
…We are long past the time for the TRUTH to be exposed. It is time to awaken the masses to the long term manipulation of our markets via computer programs started in the 1960’s by Alan Greenspan and Stephen Devaux.
[audio https://dl.dropboxusercontent.com/u/37248610/Chris%20Powell/Chris%20Powell%20and%20Larry%20Parks.mp3 |titles=Chris Powell on The Larry Parks Show]
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Among the aspects discussed are the U.S. government’s having authorized itself to rig all markets secretly, the U.S. government documents recently disclosed showing that central banks are trading secretly in all major U.S. futures markets, the other documents GATA has compiled proving the gold price suppression scheme, why the gold mining industry refuses to do anything about it, why the scheme will keep succeeding until gold investors shun “paper gold,” and the treason of the central bankers in developing countries.
The interview being so comprehensive, it would be an especially good one for gold investors and anti-imperialists to recommend to government officials, financial journalists, and gold and silver company executives.
Related readings:
“A Rigged Gold Price Distorts Perception Of Economic Reality”
Gold serves as a warning for aware people that financial and economic trouble are brewing. For instance, from the period of time just before the tech bubble collapsed (January 2000) until just before the collapse of Bear Stearns triggered the Great Financial Crisis (March 2008), gold rose in value from $250 to $1020 per ounce, or just over 400%. Moreover, in the period since the Great Financial Collapse, gold has risen 61% despite claims that the financial system was repaired. It was up as much as 225% (September 2011) before the Fed began the systematic take-down and containment of gold in order to protect the dollar from the massive creation of new dollars required by Quantitative Easing. Read more
By now it’s an article of faith within the sound money community that most major countries have borrowed so much that they’re left with only two options: default on their debt through mass-bankruptcy and a new Great Depression, or inflate it away through stepped-up currency creation.
This is an investment thesis, since a given country’s choice will determine which asset classes rise and fall.
But it’s also a criticism of the people and policies that put us in this box. The presidents, prime ministers, senators, central bank heads and investment bankers who presided over the global economy of the past 30 years screwed up monumentally, leaving today’s savers, entrepreneurs and workers to clean up their mess.
Because acknowledging this stark choice between inflation and Depression is such an admission of failure, it isn’t discussed in these terms on the official side of the debate. There, the tone is more measured and the promise is that the next tweak will more-or-less painlessly return the system to a stable equilibrium of steady growth, full employment and incumbent electoral success.
But at some point the fig leaf has to fall and the truth — that there are no painless solutions, only different types of pain — will have to be stated explicitly. Here’s a glimpse of that future in the form of an old (2010) column by New York Times columnist and Nobel Prize-winning economist Paul Krugman:
I think it’s fair to say that a majority of economists believe that excessive private debt played a key role in getting us into this economic mess, and is playing a key role in preventing us from getting out. So, how does it end?
A naive view says that what we need is a return to virtue: everyone needs to save more, pay down debt, and restore healthy balance sheets.
The problem with this view is the fallacy of composition: when everyone tries to pay down debt at the same time, the result is a depressed economy and falling inflation, which cause the ratio of debt to income to rise if anything. That is, we’re living in a world in which the twin paradoxes of thrift and deleveraging hold, and hence in which individual virtue ends up being collective vice.
So what will happen? In the end, I’d argue, what must happen is an effective default on a significant part of debt, one way or another. The default could be implicit, via a period of moderate inflation that reduces the real burden of debt; that’s how World War II cured the depression. Or, if not, we could see a gradual, painful process of individual defaults and bankruptcies, which ends up reducing overall debt.
And that’s what is happening now: as this story in today’s Times points out, the main force behind the gratifying decline in consumer debt appears to be default rather than thrift.
So basically, we can do this cleanly or we can do this ugly. And ugly is the way we’re going.
Some thoughts
Even now, four years after Krugman’s rhetorical trial balloon, policy makers and economists refuse to admit that inflation is a form of default. But things are going so badly for these guys pretty much everywhere that before long they’ll be forced, as Krugman briefly was, to start spinning default-through-devaluation as the smoother, less painful version of an act that in most walks of life is seen as shameful.
Of course, one person’s smooth transition is another’s swerve into a ditch. Savers now accepting 0.5% interest on bank CDs will be shocked to find out that the government is explicitly trying to devalue the currency by 5% a year, giving those CDs a -4.5% annual return and making saving for retirement — or even preserving capital — impossible.
But leaving aside the moral failings of inflation, Keynesian economic theory also has a glaring analytical flaw: a seeming inability to think through the secondary and tertiary effects of policy. To take one obvious example, if a country begins to explicitly default on its debts by lowering the value of its currency, then the rational response for people within that system is to borrow as much as possible at current low interest rates with the goal of paying back the loans in massively-cheaper money. So…the policy of shrinking current debt through inflation actually leads to a surge in new borrowing and (presumably) an even bigger debt problem in the future. But because it generates “growth” in the short run as the proceeds of all those new loans are spent, it appears to work for a while, which seems to be what matters in this theoretical framework.
Krugman’s admission is also a big step on the journey to the Austrian economics crack-up boom, which hits when a critical mass of people figure out that the government is going to make the currency worth less each year for a really long time. Individuals and businesses lose interest in holding the currency, instead spending it on real stuff as fast as it comes in, thus setting off an asset bubble/hyperinflation.
And about WWII fixing the Great Depression, sorry, but the US invasion of Europe followed a decade of private sector debt defaults which lowered total debt/GDP by more than half. By 1939 the US had already deleveraged and was ready to start growing again. The fact that Washington then increased spending and borrowing is almost irrelevant — or maybe actually negative because the bullets, tanks and planes the government bought were subsequently used or destroyed without adding to US real wealth. So a case could be made that the 1950s and 1960s would have been even better economically if WWII had never happened.
During his recent trip to the Middle East, Pope Francis was able to get agreement from Muslim and Jewish authorities for a unified monotheism but was unable to convince the Orthodox Christians, according to P2 Freemason sources.
As the Pope visited the Middle East, the head of the Italian P2 Freemason lodge was in the Philippines where he tried to cash six bonds, including the one pictured here:
These 15 quadrillion dollar bonds are supposed to be backed by “King Solomon’s tunnel of gold,” according to the P2.
The White Dragon Society suggested to the P2 that they start by bringing just one kilo of gold to generate cash to bring over more kilos of this mythical gold. The WDS also suggested the Orthodox Christians might be more open minded about unity when the mass murder stops in places like Syria, the Ukraine, Iraq and Afghanistan.
The push for a one world religion comes as a series of public and private pronouncements by Western elites makes it clear that there is panic in the ranks of the Nazi/Zionist leadership.
As this report was going to press, King Juan Carlos of Spain announced he was abdicating his throne, thus joining the King of Belgium, the Queen of the Netherlands, and pope maledict in quitting recently.
Last week Prince “want to be reincarnated as a killer virus” Charles said: “we can choose to act now before it is finally too late, using all of the power and influence that each of you can bring to bear to create an inclusive, sustainable and resilient society,” he said in a speech to 200 business leaders, including the IMF’s Christine Lagarde and CEOs of many major multinational corporations. Charles said the elite had an 18 month window to act, presumably meaning until the end of US president Obama’s term.
Sources at the Pentagon and the CIA however, think that Obama will be impeached long before his term ends.
The CIA says that last week agency white hats stopped an Obama plan to use mass casualty terror attacks in Las Vegas, Texas and Washington D.C. as an excuse to start martial law. “Fourteen of those involved on Obama’s side (terrorists) were killed very quietly,” a senior CIA source said. Impeachment proceedings against Obama have now started, he said.
The resignation of Veteran Affairs head Eric Shinseki removed a major Obama ally in the Pentagon and that “as of this point, there is no evidence Obama has any backing at all,” a senior Pentagon source said.
It also turns out, according to a Japanese government source, that Obama was only able to scrounge up $9 billion on his recent begging trip to Japan.
Obama this week will be visiting Europe this week for a G7 meeting that was originally supposed to have been a G8 held in Russia. Then it was decided to use the Ukrainian psy-ops as an excuse to cancel the Russian G8 summit and have a European G7 summit instead. Now it turns out Russian President Vladimir Putin will be invited too, but, technically, not as part of the G8 but to celebrate the 70Th anniversary of D-day.
The Western elites have been having a lot of such urgent meetings recently, and have more urgent meetings scheduled, presumably to find a way to stave off revolution. The Bilderberg meeting held over last weekend in Denmark was thoroughly leaked to the press in what seems to be an attempt by the Bilderbergers to appear more open.
This attempt to appear open because, as an MI5 source put it “The mask is slipping and it is now becoming obvious that the political process in Brussels is only a facade to distract the sheeple whilst the Comission (Commisariat) leads the bureaucracy in imposing collective policy.”
“The importance of the EU project for the cabal was to enable Europe to become a currency block which is a big step to facilitating a one world electronic credit system,” he added.
However, voters in both in the UK and France now overwhelmingly support parties that oppose this process.
Marine Le Pen of France’s victorious Front National has vowed to take France out of the Euro and break up EU power.
And here is what Ambrose Evans-Pritchard of the Telegraph had to say about the victory of the UK Independence Party in the recent European election:
“If Europe’s policy elites could not quite believe it before, they must now know beyond much doubt that they have lost Britain. This island is no longer part of the European project in any meaningful sense.” In the UK there is also now a big move to remove the Nazi/Zionist influence centered around former Prime Minister Tony Blair, former MI6 head Sir John Scarlett and Chief Cabinet Secretary Sir Jeremey Heywood.
These people are trying their hardest to suppress from the public the murders and lies they used to trick the UK into participating in the illegal genocidal attack on Iraq. They are all linked to George Bush Seniors’ Nazi faction. Removing Heywood would probably break the dam and allow arrests in the UK and very damaging information about George Bush Jr. and Sr. to come out in the UK media. Both Scarlett and Heywood used to work for Morgan Stanley, a Bush front.
The novelist Robert Harris, a friend of Tony Blair’s who knew him before he became Prime Minister, said that after he got power: “I was stunned to see this automaton-like, remote figure who seemed to come from another planet,” Harris recalled.
This was very interesting for me to read because I knew both Naoto Kan and Shinzo Abe before they became Prime Ministers in Japan and the same thing happened to them. They became like robots who were not acting in accordance with their own free will but rather by remote conrtol.
This is M-K Ultra, or Mind Kontrol Ultra, the Nazi mind control technique at work on world leaders. They are hit with a combination of extreme terror and extreme bribes and forced to act according to orders. The Nazi/Zionists themselves say they take their orders from an alien entity known as the “black sun” that “lives in the gamma rays.” I did not say it, they did.
In any case, the impeding fall of the Nazi/Zionists in the UK and the US means Germany, where support for the EU is strongest, will have to look to Russia, instead of to France and the UK, if it wants to continue big European integration projects. Germany’s Chancellor Merkel and Russia’s Putin have known each other for a long time, speak each other’s languages and are working towards some big deal, according to WDS sources in Russia.
This is closely connected to the Russian gas bill deadline to the Ukraine. The Ukraine cannot pay, the IMF has offered to pay but apparently has no money, the Americans can’t pay so, something has to give. It could well be that Germany will join the Russian/Chinese BRICS alliance.
These big public changes in power and big meetings like Bilderberg, the G7 and others are accompanied by lots of activity in the esoteric part of the financial system.
Last week, in addition to the Vatican bank bonds above and the fake Kennedy bonds mentioned earlier, a group approached the WDS saying, with refreshing honesty, that, “we do not have any gold but we do have a dollar printing machines, is there anything we can do with that?” The approach came via a South Korean group to a communist Chinese government representative in Tokyo.
The Swiss-Indo group also tried again last week to cash historical bonds while, like the P2, telling stories of vast hoards of gold, but not offering any proof.
Emperor Akihito and Prime Minister Abe of Japan are also trying to cash big bonds, according to a Dragon family representative.
The Chinese, for their part, have also made a big move by ordering all their banks to remove US made computers because they have back doors that allow US agencies like the NSA to steal Chinese money. The WDS has suggested that in order to break the deadlock at the highest ranks of finance, that an entirely new agency, with vast funds at its disposal, be created to plan how to create an ideal planet. It will be run in transparently and humanity as a whole will participate in deciding how to use the agency’s money for the greater good.
During his recent trip to the Middle East, Pope Francis was able to get agreement from Muslim and Jewish authorities for a unified monotheism but was unable to convince the Orthodox Christians, according to P2 Freemason sources.
As the Pope visited the Middle East, the head of the Italian P2 Freemason lodge was in the Philippines where he tried to cash six bonds, including the one pictured here:
These 15 quadrillion dollar bonds are supposed to be backed by “King Solomon’s tunnel of gold,” according to the P2.
The White Dragon Society suggested to the P2 that they start by bringing just one kilo of gold to generate cash to bring over more kilos of this mythical gold. The WDS also suggested the Orthodox Christians might be more open minded about unity when the mass murder stops in places like Syria, the Ukraine, Iraq and Afghanistan.
The push for a one world religion comes as a series of public and private pronouncements by Western elites makes it clear that there is panic in the ranks of the Nazi/Zionist leadership.
As this report was going to press, King Juan Carlos of Spain announced he was abdicating his throne, thus joining the King of Belgium, the Queen of the Netherlands, and pope maledict in quitting recently.
Last week Prince “want to be reincarnated as a killer virus” Charles said: “we can choose to act now before it is finally too late, using all of the power and influence that each of you can bring to bear to create an inclusive, sustainable and resilient society,” he said in a speech to 200 business leaders, including the IMF’s Christine Lagarde and CEOs of many major multinational corporations. Charles said the elite had an 18 month window to act, presumably meaning until the end of US president Obama’s term.
Last week saw major cabal set-backs in the financial war together with several big moves on the energy front.
On the financial front, former World Bank lawyer Karen Hudes and lawyer Winston Shrout tried to sue the World Bank into returning 1000 tons of gold deposited with it by the government of Japan, according to CIA and Japanese government sources (Ms. Hudes did not answer an e-mail asking for confirmation of this). However, the US Treasury Department, the de facto controllers of the World Bank, refused, saying the gold Japan had deposited with the World Bank was stolen from the dragon family, the sources said.
In any case, the dragon family has not gotten its gold back either, so the fact remains the United States corporate government has stolen all the gold it held in trust for the planet and is bankrupt. The only rational option for the United States is now to bankrupt the corporate government, nationalize the Federal Reserve Board and start issuing greenbacks. The cabal, of course, will use all its power to prevent that from happening so continued financial turbulence is inevitable until the whole structure collapses (more about that below).
On the energy front things are looking much better: it has now become clear that the suppressed energy technology genie is out of the bottle. A major Japanese manufacturer contacted the White Dragon Society last week to say they were going ahead with the production of Tesla Quantum Energy Generators. The WDS has still not been able to test such a device though.
On a different front, a major Japanese government research organization has started, in conjunction with the Pentagon, to manufacture a one meter by two meter sized nuclear reactor that uses so-called spent nuclear fuel rods and is capable of generating 50,000 megawatts (enough for a city), according to a senior researcher. The devices will be built on US military bases to prevent cabal interference, he said. The US Navy will start by using them in submarines and battleships, he said.
This move coincides with the announcement of a successful attempt by the US navy to create aviation and rocket fuel out of sea-water using electricity generated by a nuclear power plant.
It also turns out that Tokyo Gas has already begun marketing fuel cells that provide houses with both heating and electricity. The official Tokyo Gas website says these fuel cells run on natural gas but Japanese government sources say the electricity is generated by extracting hydrogen from water.
The other big move in the energy sector was the announcement by newly elected Indian Prime Minister Narendra Modi that every household in India will have solar power by 2019. Modi, who is banned from entering the US by the cabal, is definitely not going to go along with the cabal on many other issues, not just solar power.
If India can do it, so can the rest of the world. If the US had a real government, most US houses could also be solar powered within 5 years. No matter what though, with both China and India now going full speed ahead with solar power, the oil and gas industries can no longer keep the price of solar panels artificially high.
The oil and gas industry also saw some big changes come to light last week. The biggest was the announcement by the US Energy Information Administration that US shale oil reserves were only about 30% of what was previously talked about.
This means any US talk of replacing Russia as a supplier of gas to Europe is just talk. In this context, Lord Peter Mandelson, described by MI5 as a representative of the Rothschild family, cited US (non-existent) shale oil as part of his backing for a public threat to “freeze Russia out of the global financial system.”
In specific, he threatened that $700 billion worth of Russian corporate external debt would “not be rolled over.” This is pure bluff. According to the MI5 source, the UK has also been vastly exaggerating its shale gas reserves. It is also clear that it is the Rothschilds, not Russia, who are being frozen out.
The $400 billion gas deal Russia announced with China last week means that even if Europe decided to shoot itself in the foot and stop buying Russian gas, Russia has found other customers.
What is really at stake here is Rothschild and cabal control over the Western financial system.
Here the situation is coming to a head over the Ukraine because Russia is asking for the Ukraine to start paying for its Russian gas with cash starting in June. Ukraine does not have the money. There is talk of the IMF providing Ukraine with the money but the IMF, a cabal construct, does not have money or gold either. Ukraine’s new president has already said he will talk directly with Russia over this issue without Western input. Nor is he likely to agree to hand over Ukraine’s resources to Western oligarchs.
Other cabal money grabs are also being foiled. The monarchist military coup in Thailand last week means the attempt by the cabal to steal the gold belonging to the Thai royal family as well as the Persian gold stored in Thailand via rogue CIA manipulated “redshirts” has been stopped.
We also found out last week what US corporate president Obama was up to when he visited Japan earlier this month. According to Japanese government sources, he tried to steal most of the money that had been set aside for the reconstruction of Fukushima.
A Chinese government source confirmed this and said the Americans (cabal) had offered to sell most of the real estate in Fukushima, as well as energy production facilities there, to Chinese companies. The Chinese were also offered a chance to buy some Japanese media conglomerates, he said. With allies like that, Japan does not need enemies.
Obama also tried once again to cash the fake Kennedy bonds while in Asia, this time through the South Koreans, the Chinese source said.
This is the context in which the attempt by Karen Hudes to get Japanese gold out of the World Bank took place.
We have also heard from MI6 sources in Asia that US Vice President Biden has been secretly offering to sell Hawaii to the Chinese in an attempt to keep the US corporate government solvent.
Speaking about Hawaii, so-called Hawaiian born President Obama was in Afghanistan this weekend where he made a speech where he kept to the fiction that the 911 attacks originated in Afghanistan. Are there actually still people out there who believe that? The fact he refers to the 911 lie is proof that he is complicit in that attack.
What is it going to take to get the US military to march into Washington and arrest these crooks? Why are they still allowed to carry out terror attacks and lie to the world? We are hearing, once again, that things are coming to a head. Let us make it so.
Things are coming to a head in Europe too. The EU elections last week showed anti-EU parties winning in the UK, France, Denmark, Greece and elsewhere. This reflects widespread dissatisfaction with the Bilderberger/Nazi EU project. The Germans, who have been subsidizing most of these countries, may decide to link forces with Russia in an effort to get their idea of a unified Europe back on track.
The Germans have already refused to go along with cabal attempts to use the manufactured crisis in the Ukraine to isolate Russia. They may now take things one step forward and join with the BRICS nations to isolate the Nazi regimes in the US, the UK and other Western countries.
The White Dragon plan is unfolding according to schedule. The end of cabal rule is a mathematical certainty.
Here’s the promised interview and recap of what was banned from the History Channel. If you’ve been a Road to Roota subscriber for long enough this is not new information, but I forget sometimes that many people have not been on this path as long as many of us have. Here’s what Sean at www.SGTReport.com had to say…
“The interview you are about to hear contains some of the most shocking information we’ve ever heard. Our friend and fellow precious metals researcher Road to Roota’s Bix Weir was recently interviewed by History Channel 2 for THREE HOURS as part of their new documentary style series America’s Book of Secrets. The information Bix shared with them on camera was to be aired in the episode titled America’s Book of Secrets: Secret Underground. What Bix said on camera was so shocking, after the interview the entire crew told him that they were going to pull all funds out of their bank accounts. But when Book of Secrets: Secret Underground aired, Bix had been cut from the show — Not one word Bix shared with them was allowed to be broadcast. But you can know it all right now… Find out the shocking secrets the History Channel could NOT broadcast.”
For more info on the DTCC just click on the Roota search I linked below:
Last week saw major cabal set-backs in the financial war together with several big moves on the energy front.
On the financial front, former World Bank lawyer Karen Hudes and lawyer Winston Shrout tried to sue the World Bank into returning 1000 tons of gold deposited with it by the government of Japan, according to CIA and Japanese government sources (Ms. Hudes did not answer an e-mail asking for confirmation of this). However, the US Treasury Department, the de facto controllers of the World Bank, refused, saying the gold Japan had deposited with the World Bank was stolen from the dragon family, the sources said.
In any case, the dragon family has not gotten its gold back either, so the fact remains the United States corporate government has stolen all the gold it held in trust for the planet and is bankrupt. The only rational option for the United States is now to bankrupt the corporate government, nationalize the Federal Reserve Board and start issuing greenbacks. The cabal, of course, will use all its power to prevent that from happening so continued financial turbulence is inevitable until the whole structure collapses (more about that below).
On the energy front things are looking much better: it has now become clear that the suppressed energy technology genie is out of the bottle. A major Japanese manufacturer contacted the White Dragon Society last week to say they were going ahead with the production of Tesla Quantum Energy Generators. The WDS has still not been able to test such a device though.
On a different front, a major Japanese government research organization has started, in conjunction with the Pentagon, to manufacture a one meter by two meter sized nuclear reactor that… Full text on Thursday May 29 2014
“There will be no easy heads-up alert on the quick changes to the gold market. When the gold price starts rising, it will mean that China no longer has been given the big wide berth in high volume cheap gold purchases. A rising gold price will internally mean that the banks are breaking, at the same time the Chinese are to be frustrated. The Boyz are stealing all the Saudi gold now, left unprotected in London and Switzerland. The Saudis (and all Arabs) are the new targeted victims for stolen wealth in order to keep the system going. A massive disruption is coming.”
The rehypothecation of official gold accounts has entered a new phase. The gold owned by defenders of the Petro-Dollar is being seized, confiscated, pilfered, and stolen for the unspoken purpose of continuing the fiat paper currency regime with the tainted debauched USDollar at the center.
The Saudi gold in London will be totally gone in a few more months. To be sure, it is going mostly to China.
The Saudis are being gutted.
………
“The Boyz are stealing all the Saudi gold now, left unprotected in London and Switzerland. The Saudis (and all Arabs) are the new targeted victims for stolen wealth in order to keep the system going. A massive disruption is coming.” The Arab Spring might have an ulterior motive to create enough disruption and chaos, so that their gold can be stolen from central banks. Notice the oil wealth from Iran is being converted to gold, which angers the Anglo-American duo.The rehypothecation of official gold accounts has entered a new phase. The gold owned by defenders of the Petro-Dollar is being seized, confiscated, pilfered, and stolen for the unspoken purpose of continuing the fiat paper currency regime with the tainted debauched USDollar at the center. The Saudi gold in London will be totally gone in a few more months. To be sure, it is going mostly to China. The Saudis are being gutted. They will likely be on the run soon, their gold bars cut loose. They might be hunted.”
The United States of America Corporation has managed to stave off bankruptcy once again last week after Secretary of Skull and Bones John Kerry showed up in China with begging bowl in hand last week and got a donation, according to Chinese government sources. The money came with many strings attached, notably getting the US to jerk Japanese slave Prime Minister Shinzo Abe’s chain
and accept the reunification of the Korean peninsula, the sources said. The reunification of Korea story, something the Zionist slave press tried to ignore, can be seen here on the official North Korean news site:
However, Kerry’s efforts to get gold from Indonesia to support the Federal Reserve Board and his Fuehrer George Bush Sr. were rebuffed prompting Kerry to make veiled threats to unleash weather warfare: “in a sense climate change can now be considered another weapon of mass destruction, perhaps even the world’s most fearsome weapon,” after Indonesia’s president refused to meet him.
These sorts of veiled threats are a sign of desperation, not strength because events around the world are no longer going according to the Zionist/Nazi agenda and their fascist new world order is collapsing.
The suspicious death last week of yet another JP Morgan IT specialist, the 37 year old Ryan Henry Crane, was linked to Kerry’s gold begging mission in Indonesia, according to CIA and other sources. The dying beast that is JP Morgan has to make
There may also be some military turbulence that will accompany this financial warfare, according to Eastern European sources. A war call has been sent out in the Eastern bloc and some sort of major move is promised for after the Sochi Olympics end, these sources say.
Already, Russian and other Eastern European special forces have gone to the Ukraine and told the CIA “protesters” there to choose between “vodka, caviar and friendship” or “death.” Perhaps that is why the Ukraine turmoil suddenly stopped.
Also, the Serbians are very upset the Americans did not shut down their Bondsteel military camp as promised and are once again thinking of destroying it with a suit-case nuclear weapon.
The situation in the Middle East too is moving towards a paradigm shift. The Egyptians, Syrians, Iranians and Turks are all moving towards ending the ancient Sunni/Shia rift and creating a loose confederation of Muslim states.
The Saudi and Israeli factions still trying to foment a Christian/Muslim holy war are increasingly isolated and a take-down of the Saudi regime is possible unless they surrender.
Speaking about surrender, the Saudis made an offer of $25 trillion recently to the White Dragon Society in exchange for historical Asian gold but were refused because accepting it would have meant agreeing that they had the right to create money out of thin air. The money would have been created at one of several esoteric “trading platforms” the cabal uses to create money out of thin air and then launder it into the real economy. The right create money must always be linked to the real world and must belong to the people and other living creatures of the planet earth and not to an ancient slaving guild.
There was also an offer of 12 trillion dollars’ worth gold from South America made to the WDS last week. This offer seemed to be genuine and filled with good intent but so far, as has been the case with all other stories of astronomical amounts of gold, no physical proof it exists has yet been produced. The person making the offer promised to show up soon with physical gold. We shall see.
The only real treasure in Asia this writer has seen proof of still being in existence is the treasure hidden in the hills behind the treasure museum in Taipei, Taiwan. Even a lot of that was thoroughly looted by eunuchs etc. long before the Nationalist Chinese government evacuated it to Taiwan.
Even if some of the other legendary treasure stashes exist, the people of the world must ask themselves if hidden controllers claiming ownership of these treasures should be put in charge of deciding the future of the planet.
The Chinese government, the Russians, the Pentagon and their allies may have to come to the conclusion that all of these tales of umpteen million tons of gold are a red herring. If that is the case, they need to take over the current privately owned international central banking system and then start backing the various currencies out there with a basket of commodities or other real assets.
The families that own the Federal Reserve Board missed making gold payments due on January 31st so they now have to scramble to find gold before February 27th or face the bankruptcy of their United States of America Corporation. That is why Secretary of Skull and Bones John Kerry is off this week to beg for gold from the United Arab Emirates, Indonesia, South Korea and China. The cover story about the US Congress having to raise the debt ceiling in order to avoid government bankruptcy is only fooling a steadily shrinking group of the brainwashed living dead.
When they missed their payment last September 31st the cabalist were able to postpone bankruptcy by making a deal with Iran, selling weapons to China and a few other tricks. Let us see if they manage to kick the can down the road once again perhaps by offering the Okinawan archipelago to China or some such thing.
Otherwise President Obama can prove he is the real deal and start issuing US government currency instead of borrowing foreign Federal Reserve Board debt notes misnamed the US dollar.
Then again something entirely different might happen. According to the P2 Freemason lodge, Pope Francis and Obama signed an agreement recently that was related to the formation of a world government. Obama was forced to sign the agreement because of the change in management of the Vatican Bank where bribe accounts for many world “leaders” are held. The recent meeting between the Pope and Vladimir Putin as well as meetings between the Pope and Obama in March and between the Pope and Queen Elizabeth in April are all connected to this, the source says. What is still not in the works, however, is a meeting between Chinese President Xi Jinping and the Pope.
This reflects a fundamental rift between two factions still battling over the right to decide the world’s future course. That is what is at stake in the ongoing financial war because the right to issue Dollars, Euros, Yen etc. is basically the same as the right to decide what humanity does in the future.
The Chinese and their allies are saying that the West has ruled for long enough and now it is Asia’s turn to take charge. However, the Western faction says that China is too Sino-centric and is ignoring the rights of the rest of the world.
In the end some sort of compromise is going to be reached because the alternative is World War III.
It is also worth noting, as many people have, that many US and other banks are scheduling some sort of “drill” on the weekend of February 15th and 16th. This could for the introduction of a new currency in the US but then again it could be one of those many dates that come and go without the predicted “happening.” However, just as a precaution, it might be a good idea to keep some cash on hand.
There are many other signs that it is not business as usual in the financial world. For example, a German court ruled last week the European Central Bank bond buying was “probably illegal.” This bond buying is what temporarily calmed the Euro crisis. The ruling reflects the fact that Germans are tired of bailing out lazy, corrupt Mediterranean countries.
Then in England, investigators are saying that not only were world interest rates rigged in the Libor scandal but that the Bank of England was directly involved in manipulating foreign exchange markets.
A critical mass of people already know the financial system itself is a fraud and it is only a matter of time before the right to issue currency is taken away from the cabal and returned to the people. In yet another sign time was running out for the cabal, in Bosnia last week massive demonstrations were demanding just that.
In the meantime, like lost Japanese soldiers fighting in the jungle years after World War II ended, cabal agents are continuing their puerile antics in many parts of the world.
In Japan, cabal stooge Prime Minister Shinzo Abe and his fellow cabal slaves are continuing to follow orders by trying to manufacture a crisis with China. The most recent such maneuver involves having executives of the State Broadcasting agency regurgitate cabal manufactured provocations like the comfort woman story, denial of the Nanjing massacre etc.
The election of Yoichi Masuzoe as mayor of Tokyo, however, was not what the cabal had hoped for.
Although Masuzoe is supported by Abe, he is also promising to restart nuclear reactors in a move that will reduce Japanese payments for cabal controlled oil-powered electricity generation.
Abe also vanished for a few days after the Davos World Forum and appears to have had some sort of “re-education,” somewhere. Unlike other cabal leaders in the West, he is visiting the Sochi Olympics and his government is actively courting good relations with Vladimir Putin’s Russia.
The negative coverage of the Sochi Olympics in the cabal controlled Western press is a good example of the sort of petty, low level antics cabal psychological warfare agents get up to. Instead of enjoying winter sports in an apolitical manner, they manufacture gay rights crises or insult the facilities in a manner that reflects badly on the cabal more than it does on Russia.
Unfortunately, the cabal does not limit itself to disinformation but also continues to murder and threaten terror too.
On that front too, the cabal is not doing well. A planned nuclear terror attack against Sochi has been stopped, according to the gnostic illuminati. Also, at least 10 would be suicide bombers have been detained. Hopefully now the Olympics will be depoliticized.
In Afghanistan too, the Taliban have run out of money and cabal heroin production operations there are being shut down.
What this means is that in addition to cocaine and amphetamines operations being shut down, cabal heroin income is also being cut off. Combined with increasing legalization of marijuana, this means a lot less money is available to pay for thugs and mercenaries.
Given all this bad news for the cabal, it is not surprising that top Davos officials contacted the White Dragon Society last week and said “perhaps it is time to push the reset button for the planet earth.” That is exactly what the WDS has been saying.
So, we can start with a one-off world-wide cancellation of all debt, public and private and a redistribution of illegally obtained wealth. After that, we can carry out a massive campaign to end poverty and stop environmental destruction. Once that is done (and it could be done within months given the right amount of collective will-power), finally, we can start a Golden age for humanity. What are we waiting for?
Marc Faber Warns “Insiders Are Selling Like Crazy… Short US Stocks, Buy Treasuries & Gold”
Beginning by disavowing Mario Gabelli of any belief that rising stock prices help ‘most’ people (“Fed data suggests half the US population has seen a 40% drop in wealth since 2007“), Marc Faber discusses his increasingly imminent fears of the markets in this recent Barron’s interview.
Quoting Hussman as a caveat, “The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or an idiot after the peak. There’s no calling the top,” Faber warns there are a lot of questions about the quality of earnings (from buybacks to unfunded pensions) but “statistics show that company insiders are selling their shares like crazy.”
His first recommendation – short the Russell 2000, buy 10-year US Treasuries (“there will be no magnificent US recovery”), and miners and adds “own physical gold because the old system will implode. Those who own paper assets are doomed.” Read further…
JPM Sees 28% Withdrawal From Gold Vault In One Day As Another 10 Tons Depart
On Friday, when we remarked on the biggest recorded withdrawal from the JPM gold vault, we said: “Something tells us the next few days will see matching withdrawals from JPM’s gold vault, which at last check was officially owned by the Chinese.” As it turns out we were absolutely correct: according to the just released update from Comex, on Monday the infamous gold vault located below 1 C(hina)MP saw an identical withdrawal of 321,500 ounces, matching the record withdrawal, and amounting to 28% of all JPM gold in storage. Adding to Friday’s drop, this means that a record 47% of JPM’s gold has been withdrawan in a few short days: a trend we are certain will continue until the total holdings of the vault drop to new record lows. Read further …
Some More Fun With Market Timing
Today’s short squeeze, EM-is-fixed, Fed-hope-fueled relief rally (in the face of compounding errors in earnings expectations and outlooks) we thought reminiscing on what happened the last time stocks were this high and over-levered and debt-bloated entities were rapidly revealed for what they were would be useful. While the ‘just three charts’ we showed two weeks ago provide plenty of concern, when the NYSE Composite, which accounts for 1,900 companies representing 61% of the world’s publicly traded stock market capitalization, shows eery similarities to the tipping point in 2007 as NewEdge’s Brad Wishack pointed out earlier, we thought it worth sharing.
With strangely similar magnitudes and durations, the current Fed-driven rally and the previous Fed-driven rally in the NYSE Composite Index are raising concerns aross trading desks…Read further…
Right as I wanted to post this article, whole Gmail service (including Blogger) went down and I could not access it. Many users across the world have reported disruption of service:
This shows us how fragile our internet infrastructure is.
Big changes are afoot.
Although it will not happen just yet, as certain operations of the Light forces need to be completed first, the worldwide financial Reset and the Event are approaching.
The Eastern Alliance is preparing to foreclose on the Federal Reserve:
This is very important because when the critical mass of this awareness reaches human population, Cabal’s fiat financial system will collapse due to lack of trust as a fiat financial system can only operate if a certain degree of trust in its checks and balances is maintained.
This situation is also getting a little uncomfortable for Deutsche Bank, one of the main strongholds of the Cabal’s financial system. To hide from spotlight, they have announced they will withdraw from gold price fixing, the same as the Rothschilds did in 2004:
They will now attempt to manipulated gold price indirectly, similarly as the Rothschilds do through Barclays Bank.
Bundesbank, on the other hand, is much more permeated by the Light forces and they are one of main triggers to reveal the fact that the Federal reserve does not have any gold left:
As I said many times before, the vast majority of Cabal’s gold reserves was removed from the surface of this planet by the Resistance in early 2012. When masses begin to realize that there is no gold left, this will accelerate the collapse of the current system and speed up the Reset.
Behind the scenes, the majority of the Cabal has accepted the Jesuit plan for their own version of the financial Reset (with them behind the wheel) and are starting to promote it through the mass media:
Things will begin to accelerate in February and especially in March and the information war between the Light and the dark will reach its peak. There will be a lot of crucial intel released on the internet, mixed with tons of disinfo. Therefore honing your discernment skills will be of utmost importance. This is easily done by combining your rational mind with intuition. Most of all, you need to think with your own head and feel with your own heart.
This website gives a clear example of how a disinfo operation works:
But again, intel on that same website is nowhere near 100% correct, so you need to use discernment there as well. It is important not to fall into the trap of polarization, seeing one source of intel as completely true (light) and another one completely false (dark). The truth is usually somewhere in between and you need to separate the wheat from the chaff.
One of the main blocks to discernment are Invisibles, archontic parasites that have infested the etheric brain of almost every living individual on this planet. They live in parasitic symbiosis with etheric brain glia cells and create synaptic disconnections between etheric brain meridians which influence the DNA replication in their physical counterparts – physical brain synapses. This creates mental confusion, thought processes distortion and belief systems fixation. When those parasites are removed by the Light forces, humanity will receive an enormous boost of intelligence and creativity and a great expansion of consciousness.
Oh darlins…. it just keeps getting better and better!!!! On January 23… the same day that purportedly CNN got hacked and “someone” posted that China had dumped US Bonds on the market….. the very same day JPMorgans gold vault has the BIGGEST withdrawal EVER!!!
Submitted by Tyler Durden on 01/24/2014 15:52 -0500
Curious why over the past few months JPM has quietly been accumulating a substantial amount of eligible physical gold (even as its registered gold inventory is the lowest it has ever been at just 87K ounces since December 13, 2013 when 147K ounces of gold was withdrawn – keep that date in mind for a few minutes)? This may have something to do with it: moments ago the daily Comex gold vault report confirmed what many expected, namely that the JPM accumulation was merely in advance anticipation of major withdrawals. How major? Well, on January 23, JPM saw 321,500 ounces of gold depart in one day. This was tied for the single biggest daily withdrawal in history!The last time JPM had an identically sized withdrawal? December 13…. 2012.
Something tells us the next few days will see matching withdrwawals from JPM’s gold vault, which at last check was officially owned by the Chinese.
And for those wondering how JPM’s total gold holdings look over time here it is:
On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China’s vision of a de-Americanized financial order.
The next year will feature many powerful new effects. The Indirect Exchange will become a prominent fixture, its channel filled. It will direct many $billions in USTreasury Bonds from large scale asset acquisitions by Eastern and BRICS players, sent back to New York and London. The payments for the asset purchases will be done in USTBonds, as the Eastern entities dump them as fast as they can before the great devaluation.
But the biggest shock waves will come from the currency reset followed by the introduction of the Gold Trade Settlement. The return of the Gold Standard is near, but it will arrive on the trade vehicles, not the FOREX currency or SWIFT bank platforms. It will feature the Gold Trade Note, used as letter of credit. – Goldseek
At least 23 nations have already prepared for a new trade system that will occur outside the dollar and Swift systems. Through their moves away from reliance on the dollar via the creation of new currency swap lines, major economic powers are transitioning away from the 42 year old petro-dollar system that saw America devalue its currency nearly 98%, and export inflation to the rest of the world.
A global currency reset is inevitable, especially when you consider that the historic life cycle of a purely fiat currency is only 30 years, with a maximum length of 42 years. This falls in line with the U.S. dollar which has been a purely fiat currency since President Nixon took America off the gold standard in 1971, and subsequently allowed the central bank to grow the economy with debt rather than sound money and real production.
2013 will go down in history as the year of global currency wars. But intermixed in this financial conflict will be the rise of China, and their plans for a new financial order. And as Dr. Willie points out in his assessment for the coming year, when the global currency reset happens, the vacuum that will occur will not be void for long, and will be quickly filled by China with two new options that promise greater stability than what the U.S. had offered for more than a decade.
Bank of Canada notes do not claim to be dollars. They instead just have the word “DOLLARS” written on them without claiming to be dollars.
RCM coins do not claim to be cents. They instead just have the word “CENTS” written on them without claiming to be cents.
Bank of Canada notes and RCM coins are claimed to be legal tender. Legal tender is not the same as dollars and cents. Financial transactions, that do not involve any legal tender, are claimed to be conducted in dollars and cents.
Bank of Canada notes used to be promissory notes. Before 1969, they contained the phrase “WILL PAY TO THE BEARER ON DEMAND” and then some number (“ONE”, “TWO”, “FIVE”, “TEN”, “TWENTY”, “FIFTY”, or “ONE HUNDRED”) and then the word “DOLLAR” or “DOLLARS”. The dollar always referred to something real. For example, the dollar in North America used to refer to the Spanish dollar, a coin made mainly of silver. In 1969, the phrase “WILL PAY TO THE BEARER ON DEMAND” was simply omitted from new Bank of Canada notes but the word “DOLLAR”, or “DOLLARS”, was conveniently left on. Merely removing the phrase “WILL PAY TO THE BEARER ON DEMAND” from Bank of Canada notes did not change them into dollars.
According to the Bank of Canada publication A History of the Canadian Dollar by James Powell, in the section titled The Canadian Dollar under the Gold Standard (1854-1914) (pdf document) : “From 1 August 1854 when the Currency Act was proclaimed, until the outbreak of World War I in 1914, the Province of Canada, and subsequently the Dominion of Canada, was continuously on a gold standard. Under this standard, the value of the Canadian dollar was fixed in terms of gold and was convertible upon demand. It was also valued at par with the U.S. dollar, ...”; and, “Deflation after the Civil War enabled the United States to return to the gold standard on 1 January 1879, with the greenback convertible into gold at the old pre-war rate of 23.22 grains of gold (Yeager 1976). Once again, the Canadian dollar traded at par with its U.S. counterpart. This exchange rate held until the outbreak of World War I.”
One troy ounce of gold equals 480 grains of gold. 23.22 grains of gold equals 0.048375 troy ounces of gold.
So, on January 22, 1901, the day that Victoria of the United Kingdom died, the Canadian dollar was fixed and valued at par with 0.048375 troy ounces of gold.
A “Federal” Reserve Note is not a U.S.A. dollar. “Most people associate the noun ‘dollar’ with the Federal Reserve Note (‘FRN’) ‘dollar bill’, engraved with the portrait of President George Washington. This association is mistaken. No statute defines – or ever has defined – the ‘one dollar’ FRN as the ‘dollar’, or even as a species of ‘dollar’”, wrote Edwin Vieira, Jr. in What Is A “Dollar”?.
The Coinage Act of 1792 defined the U.S.A. dollar as containing 371.25 grains (24.06 grams) of pure silver. After 1792, U.S.A. laws, that redefined the U.S.A. dollar as no longer consisting of fixed mass of silver but rather consisting of a fixed mass of gold, include the Gold Standard Act in 1900. In the past, Congress has considered defining and redefining the U.S.A. dollar to be “Acts and Things which Independent States may of right do”.
I am unaware of any U.S.A. law, since 1900, redefining the U.S.A. dollar as no longer having the value of a fixed mass of gold. The last time, that I know of, that the official U.S.A. price for gold was fixed was in 1973 at 42.2222 dollars per ounce. Public Law 93-110 defined the U.S.A. dollar as having the value of 1/42.2222 fine troy ounces of gold.
The U.S.A. Department of the Treasury values gold at 42.2222 U.S.A. dollars per fine troy ounce. The “statutory rates of $42.2222 per fine troy ounce (FTO) for gold and $1.2929292 per FTO for silver are used to value the entire custodial reserves, which are in the custody of the U.S. Mint and the Federal Reserve Bank of New York”, as stated in the Department of the Treasury’s Annual Financial Report (pdf document).
The action, of no longer redeeming “Federal” Reserve Notes for gold for various people, is not the same thing as the action of defining or redefining what the U.S.A. dollar actually is.
“No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts; ...”, according to Article I, Section 10, Clause 1 of the U.S.A. Constitution. The noun “tender” is defined differently than the term “legal tender”.Wiktionary‘s first definition for the noun “tender” states “A means of payment such as a check or cheque, cash or credit card” and the second definition states “(law) A formal offer to buy or sell something”.
In any financial transaction, there is an offer and an acceptance of the offer. In each and every financial transaction, an offeror makes something an offer to an offeree. In financial transactions, states in the U.S.A. have been making so-called “legal tender”, that is neither gold nor silver coin, an offer in payment of debts. In financial transactions, states in the U.S.A. have been making so-called “legal tender”, that is neither gold nor silver coin, a tender in payment of debts.
States in the U.S.A. have been making cheques a “means of payment” in payment of debts. States in the U.S.A. have been making cheques a “formal offer” in payment of debts. States in the U.S.A. have been making cheques a tender in payment of debts. “No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts; ...”, according to Article I, Section 10, Clause 1 of the U.S.A. Constitution.
Email concerning this web page may be sent to David Wozney at dpwozney@ocii.com
With global markets on the move, today King World News spoke to the man who has been focused on uncovering sensitive government and market information for over 15 years. What he had to say will shock KWN readers around the world. Chris Powell covered everything from off the record conversations with Asian central bankers, where they made stunning comments, to market manipulation, and what is really taking place behind the scenes in the war in the gold market. Below is what Powell had to say in this remarkable interview.
Powell: “I recently made fairly detailed presentations to two Asian central banks. But I would like to share some absolutely remarkable information that was conveyed to me by two central bankers….
“I was struck by the fact that one of the central bankers did volunteer to me that most central bankers are aware of the fractional reserve nature of the Western gold banking system, and its vulnerabilities.”
Eric King: “Chris, that’s staggering that this man admitted central banks outside of the West understand that the West is essentially running a Ponzi scheme with regards to the Western gold market.”
Powell: “He clearly acknowledged their understanding that gold does not back all of the claims to gold that are floating around the world financial system, particularly when it comes to the West. You would probably never get a central banker to acknowledge that publicly, but that is precisely what he said to me off the record.”
Eric King: “Chris, the fact that you were in Asia presenting to these two key central banks, and this central banker admitted that the word is out amongst the central banks that the West is running a Ponzi scheme, an unbacked paper gold scheme, and when you see all of this massive accumulation of gold by China, Russia, and various other BRIC nations, it does in fact appear the word has leaked out about the Western scheme.”
Powell: “Certainly the Asians know what is going on — I mean, that’s where the gold is going. The Western central banks obviously know — they have evaded virtually all of my questions. I would bet my life, Eric, that despite all of the public acrimony between the United States and China, the Fed and the People’s Bank of China are on the phone every day consulting about the gold market.
They are doing a very delicate dance as China tries to hedge its disproportionate US dollar foreign exchange reserves with gold and other hard assets, without exploding both markets (gold and the dollar). I don’t think anything major happens in the gold market from day to day without China’s consent. China could blow up the gold market any time it wanted. It could also blow up the US dollar market, the US interest rate market and bond markets any time it wanted.
I can tell you that after speaking to this central banker, and hearing his very candid confession, that all of the major central banks know what’s going on. This doesn’t mean that all of them are involved in the scheme as the United States, China, and Britain are, but they know, and they know how vulnerable the system is. Meaning, it is delicate and could come crashing down if not properly managed from day to day.
As an example, another central banker admitted to me off the record that, yes, the gold price is ‘of profound interest to central bankers.’ Well, that is just confirming what I said to you. I don’t want to give away too much information here because I want to respect my contacts around the world, but the reality is that the gold market is micro-managed, despite all the incessant denials.”
Eric King: “William Kaye was telling KWN the Western scheme is nearing its end because they are running out of physical gold to continue the scheme.”
Powell: “We see these enormous volumes of gold moving from West to East, sometimes through Switzerland. We saw the disparity in the Bank of England’s gold vaulting reports between February and June, where 1,200 tons of gold seemed to disappear. When I asked the Bank of England about that they basically told me to drop dead and they would have no further comment on the matter.
All of this echoes what Kaye is saying. We can see these gold outflows from the West, and we can also see the inflows to the East. We don’t know exactly when the metal will run out, but we do know we have seen this movie once before. This is exactly what happened when the London Gold Pool was drained.
The pool collapsed and there were emergency US Air Force transport flights, according to the Federal Open Market Committee Meeting Minutes, flying gold over from the United States to the Bank of England in 1968. This was at a time when the Bank of England was advancing its own gold into the market on behalf of the United States, in an attempt to hold the gold price at $35 an ounce.
In March of 1968, the outflow of gold had reached hundreds of tons per week. At that point, the nations participating in the Long Gold Pool realized they had only a few weeks’ worth of gold left at that staggering rate of outflow. So, they closed the London Gold Pool.
The dollar price of gold literally failed at that point. The price of gold was $35 an ounce of gold one day, and the next day there was no price at all because there was no official market. I suspect that either that will happen, and the gold that is available will run out, or more likely the central banks will see what’s coming and arrange an international currency revaluation. At that point there will be chaos in the gold and currency markets, but in the end this will mean substantially higher gold after the official reset of the international gold price.”
Interestingly Cobra mentions about the OPPT, and his views on it [at 12:33 min]. I may not totally agree with him…but then it his personal views and opinion…interesting!
There is a lot of confusion about the collateral accounts, even among people working behind the scenes. Let us clear that confusion.
Collateral accounts were a creation of the Cabal after WW1 when they persuaded many nations to give up their gold into their custody with an excuse that a gold-backed financial system with strong independent national banks creates geopolitical instability and can lead into wars like WW1. Bank of International Settlements (BIS) was created for that reason in 1930. After the creation of BIS, the Cabal went to China and persuaded the Chinese (sometimes gently and sometimes not so gently) to give up their gold in exchange for phony bonds.The Cabal never had any intention to repay these bonds back. The next phase of their operations was to steal the rest of the Eastern gold through the operation Golden Lily and then bury their lot in Philippines (Yamashita gold) and in Indonesia.
This gold was used to underwrite the western financial system under Bretton Woods agreement. The Cabal controlled the apparently fiat financial system which was visible and hid the shadow banking system which was created by putting large sums of money into central banking trading programs, using the hidden gold to back up their investment. Those programs soon generated astronomical sums of virtual money which could not be taken out of the banks as it was part of the shadow banking system (for example White Spiritual Boy account with all its virtual quadrillions of dollars) and only very small part of it was taken out through money laundering operations. Nobody who was not tied to Cabal was ever allowed close to those prosperity programs and even a small fraction of the programs that tried to include non-Cabal oriented people were soon seized or shot down by the Cabal.
The Cabal was steadily using the gold they have stolen to finance the construction of their underground military bases and their secret space program between 1953 and 2004.
In February 2012, the Resistance Movement removed all that gold from the hands of the Cabal. This is the reason Fulford can not find real proof of any current gold vaults anywhere in Asia. That removal of gold was a brilliant move. From then on we are having a real fiat financial system on the surface on the planet. That kind of financial system is very unstable and the Cabal has to be very careful with their financial machinations. For the first time in human history the financial system in not underwritten by gold.This creates a dynamic tension which speeds up the Event because such financial system can not exist for a very long time and would eventually collapse on its own due to lack of trust and lack of real foundation and that would be the last possible moment for the Event.
Now the Cabal tries to underwrite their unstable financial system with worldwide real estate grab and this is the reason for so many foreclosures of homes.
There is a lot of misunderstanding about the bonds the Cabal was issuing since the 1930s. These bonds can be never repaid back since the Cabal does not have the gold they stole throughout the ages from humanity anymore. They are also very short on liquid cash and that little they have is far from enough to repay even a small fraction of those bonds.
The purpose of these bonds is not to extract value from the Cabal but to use them as a tool to enforce the bankruptcy of their corrupt financial system when the time is right.
Historical owners of all that gold and bonds that represent it are not the Chinese, nor Keenan, nor White Dragons Society, nor anybody appointed M1 (monetary controller).The institute of M1 is a creation of the Cabal. The owner and true heir is humanity as a whole and after the Event the collateral accounts will be transferred to humanity in total.
After the Event the Resistance will return the gold to humanity and it will be stored on the surface of the planet to underwrite the new financial system. Therefore that gold will not be traded in open market, whereas gold in private ownership will be traded and exchanged freely.
This structuring of the new financial system is one part of a secret agreement which was made between 57 members of the Eastern Alliance in the Monaco Accords meeting in August 2011.
No new M1 will be appointed. No member of the Cabal will be allowed anywhere close to the collateral accounts, let alone the new Jesuit pope, and most of those people will be arrested anyway.
Various groups that are working to liberate the financial system from the hands of the Cabal (White Dragons, Keenan, OPPT) will have advisory role and a council of government officials democratically elected after the Eventwill be the trustees of the collateral accounts. The whole system will be completely transparent and this transparency will be supervised by the Resistance Movement.
Currency Revaluation (Iraqi Dinar, Vietnamese Vong) will have a minor role in the reset of the financial system as this is a transition into a true gold backed system under the supervision of the Light forces and NOT a speculative revaluation of currencies.
This new financial system will be only a temporary solution as true cashless society will be created on the surface of this planet after the First Contact, backed up by advanced spiritual technologies of the Galactic Confederation. This cashless society will recognize true value of incarnated human souls and will provide them with physical and spiritual abundance.
Many people are wondering why the Event does not happen already. It is because all etheric negative entities must be removed before that in order for the key members of the Event operation teams on the surface of the planet to work harmoniously. It is true that statistical mean value for the expected number of casualties at the time of the Event is around 100,000 people. But if anything goes wrong among the key people of the surface population coordinating the Event operations, it could be much higher and easily reach tens of millions of people and that is something the Light forces are not willing to risk. We have seen so many instances when so-called light workers or light warriors manifested intolerable behavior because they were under the influence of the etheric Archons. You might remember the French Revolution. It started so well and you know how it ended.
The Event will happen when it will happen. Until it happens, let us do everything that is within our power to make it happen as son as possible in a harmonious way. It is important for the Light forces on the surface of the planet to unite, communicate, coordinate intel and align strategies.
The next part of the planetary situation update will be most likely posted one or two weeks from now.
Use your internal resonance as usual… comments in red are mine solely… -Bill Ben Fulford Gold is just a yellow metal that you cannot eat September 23, 2013
Posted at: (American Kabuki)
Benjamin Fulford
There has been a lot of frenetic activity in the past week and a lot more turbulence is expected over the coming days as the death throes of the corporate so-called government of the United States continue. There is also so much fog and disinformation surrounding this event that good old fashioned analogue reporting is needed. To this end last week I talked to former World Bank lawyer Karen Hudes, Indonesian military officials, gold prospectors based in Indonesia and the Philippines plus many other primary sources to try to find out what was really happening in the battle for control of the global financial system.
The conclusion is that there are no giant treasure caves in Indonesia or the Philippines and that the so-called global collateral accounts or global debt facility is based on fraud. What is true though, is that to this day, large amounts of un-usable dollars and Euros are printed, shrink-wrapped and left in warehouses in the region as “payment” for the gold taken from the region by Western powers in the 19th and 20th centuries.
Meanwhile, at the top of this fraud based dollar and Euro system, at least two separate individuals and their factions are claiming rights to control money production.
Both factions, let us call them A and B, have been in contact with this writer about redeeming historical bonds and here is what they say: A) Says they will arrest me unless I go through faction A. B) Says they will arrest me unless I go through faction B. Also, talking to top people in these factions here is what seems to be the gist of their thinking: “If we win this financial war I am going to live in a palace, have my own casino with an island filled with porno stars and, oh yes, I will do some good.” [Ben this is hysterical!!! Love it!!! LOL!!! -Bill]
Both sides constantly talk about miles long caves filled with gold and jewels that are the basis of the dollar and Euro based financial system. However, a wealthy Japanese individual who has spent 30 years hunting for Treasure in the Philippines using imperial Japanese army treasure maps says that the total amount of gold he has seen in all that time is less than 10 tons.
Meanwhile, an Indonesian general linked to former President Soekarno says that any gold Indonesia had was removed long ago. Also, a member of a Japanese yakuza business syndicate (the yakuza are about as criminal the average Western oil corporation), who is involved in transporting gold from Indonesia to Hong Kong for refining, says the total amount of gold leaving Indonesia is about 30 kilograms per day. That is a lot of gold but it is a far cry from the thousand and hundreds of thousands of tons the global collateral accounts people talk about.
Meanwhile, in a good indicator of the credit worthiness of the Federal Reserve Board, holders of genuine Fed bond boxes are offering to sell $12.5 billion face value worth of Fed bonds for $500,000 or 0.0004 cents on the dollar.
This is apparently a touchy subject because this writer has been subjected to lawsuits, paypal troubles, threats from the CIA to shut down my blog and more than the usual amount of death threats since writing about these bonds.
Former World Bank Senior Counsel for the World Bank Legal Department Karen Hudes also agreed, in an interview with this writer last week, that, based on her direct experience, the Western financial system was run by high level racketeers. According to her, when the Federal Reserve Board refused earlier this year to return 300 tons of gold Germany had entrusted with them, she advised the Germans this was similar to a declaration of war. The Germans appeared to have agreed and recently sent a shot across the bows to the Americans in the form of German helicopters flying so low over the US consulate in Frankfurt that china was rattled off the shelves.
Hudes also independently confirmed that top level cabalists were indeed trying to start World War 3.
To prevent this, Hudes says that 380,000 American, Russian and Chinese troops are preparing to move into Washington D.C. in October to arrest the criminals pretending to be a government there. There is a truckers strike due on October 11-13th in the US and the arrival of large amounts of trucks in Washington could be a cover for a major military operation. However, Pentagon and Chinese sources contacted by this writer could neither confirm nor deny such a possibility.
In the same vein, we have not been able to confirm, with direct sources, what really happened at the so-called Navy Yard shootings last week. Internet news sources say most of the people killed were top pentagon brass who were trying to arrest Barack Obama. Other internet reports say Obama suffered a mental breakdown last week and had to be sedated.
All we can say is that in this September 22 photo the grey haired Obama does not appear to be a happy camper:
The other apparently cabal related shooting incident last week was at the Westgate Mall in Nairobi, Kenya. The mall is owned by Israeli citizen Frank Lowy, according to an MI5 source. “Frank Lowy was closely associated with Larry Silverstein in the Twin Towers leasing deal before 911,” the source said.
We have also heard from an American intelligence source that agency white hats need to urgently stop a very real cabal plot to blow up the Hoover Dam.
Again, with so many atrocities going on many of us are wondering why these gangsters are not being rounded up and put in jail. Veteran’s Today editor Gordon Duff’s answer was that the pentagon would not move until money had been secured. An Asian secret society source also agreed
that soldiers needed real gold in their hands and not paper before they would fight.
That is a mistake I believe. Gold is just a yellow metal and you cannot eat it. The real gold is spiritual. Here is a suggestion on how the pentagon could deal with the upcoming bankruptcy of the US corporate government:
First, make sure everybody has enough cash for a month and then shut down all bank computers and ATMS. Institute a jubilee by writing off all debts, public and private. Also, give people who rent ownership rights to their houses and apartments and promise government money equivalent to rental income to the former owners. This can be done fairly quickly. After that, delete all the money in the banking system. Once that is done, hire accountants to re-input money amounts based on paper receipts and ownership papers.
Since you have spent all your gold, make the new US financial system real estate and asset based. Go for it.
Again, the happy talk is rolling. If all that took place amongst the financial ministers, took place, then the world is fully engaged to be rid of the fractional reserve banking system. You say, the fed banking system. It was always coming any how. You can’t maintain control of the world by military might, or worthless paper. Gold is priced in frns and it’s dropping, that should tell you something. Something abnormal is afoot. Central banks are going the way of the dinosaur, each country is growing into running their own clean banking system. That’s the only way they will be able to move on anyway. Such a scary thing, like it’s something foreign, metal backed currency. That’s the way it’s supposed be anyhow, constitutionally. Nothing new here.
Ok, no more happy talk, I got 20 years of listening and frankly I’m bored to tears. A guarantee is no good unless unless Sears backs it…lolol. Just ‘do it’ and be done with it, things will never be perfect on an imperfect planet. Whiners will whine until they realize no one is listening to them. I’ve recently taken on a missouri mindset. ‘Show me’ I’ve been told, all is set, ok…great make it so, Number 1.
I’ve been reading a series, which began 20 years ago, called the ‘wheel of time’, The dragon reborn. The last book is called a ‘memory of light’. The author has passed but left a ton of notes for it to be finished. This series reminds me of my own path. You’ll never make everyone happy and someone will always try to influence your decisions, tho they can only guess at where you are. The object is blueberries, stick with that. But, I do remember the Light. Consultations until…..
The London Bullion Market is the global trading centre for physical gold, and the Bank of England holds gold on behalf of other central banks. There are a number of historical reasons the Bank has this privileged role, but the most important are that the Bank is trusted, and it oversees the largest bullion market by far. Therefore a significant portion of the world’s monetary gold should be stored at the Bank of England.
This does not appear to be the case. First, we must try to get an idea of how much unidentified central bank, or monetary gold, is in London at the Bank of England.
Table 1 shows the derived figures for February 2006 and 2012 (The Bank’s accounting year-end).
Subtracting the known or reasonably estimable quantities listed in the table leaves 2,220 tonnes unidentified in 2006, which rose to 4,691 in 2012. To see how these figures stack up in a global context, we need to compose a second table (Table 2).
China, Russia and the middle-Asian states are taken out on the basis that their gold reserves are mostly from local mine production, and for political reasons they can be deemed unlikely to hold gold in London. The United States is assumed to hold all its gold on its own territory.
Immediately we can see a disparity, with unidentified central bank holdings in Table 2 declining by 464 tonnes, whereas the Bank of England reports an increase of 2,471 tonnes in custody. The explanation – taking the World Gold Council/IMF figures at face value – is that either central banks have been shipping their gold to London, or much more likely, the increase is not monetary gold at all. If the latter is correct, and given that the unidentified gold figures in Table 2 declined over the period, the maximum figure for monetary gold has to be within the 2,220 tonnes recorded in 2006.
This 2006 figure includes an undeclared quantity of gold held on behalf of bullion banks, but comparing the LBMA’s clearing statistics at the two dates suggests little overall variation in LBMA stocks. Logically the balance must be non-monetary gold held on behalf of governments and sovereign wealth funds, on the basis that no one else would be eligible for a bullion account with the Bank. Given the political instability in the Middle East and elsewhere over the last decade, it is very likely that this is the origin of the ownership of much of this custodial bullion. And if that is the case, we can assume that these holdings began to accumulate in the Bank’s custody before 2006.
This being the case, a significant portion of the 2006 figure of 2,220 tonnes must also be non-monetary gold. Therefore, on the basis of reasonable supposition it appears that the total amount of monetary gold at the Bank of England, including that of Germany, Austria and Mexico and the UK’s own stock, cannot be more than 3,320 tonnes, perhaps significantly less. The belief that the world’s central banks store a significant amount of their gold in London is therefore incorrect.
This raises two interesting questions: where is it all, and does it actually exist?
Jumped the gun, last week but, this past week produced some things that tell you there is nothing ‘normal’ afoot. The last time the phenom in russia happened was in 1908.
So this week I will review what’s coming at the world with these global settlements. First my legs have Not been cut off to the folks getting this done, and never set yourself up as the only knower of what’s up. Even DC has to wait on the button to get pushed and in many instances they know less than I do. When you get sent to the bank to access, you will be accessing directly into a 5 star trust, built by the dragons so the banker will have all the details for you, just ask what ever questions you wish. One group has the power to release the accounts, not any politicians, kings or queens…not even the pope. Contrary to another talking head, the gold has already been moved to the 6 new trading zones around the world. The world’s debt and assets have been absorbed by the ‘Harmonius World’ action group, setting up the situation where the fed reserve system, the BIS, IMF, etc will cease running the global banking world. If you want further distance between what you wish to fund and are concerned about being targeted like a lottery winner, you may want to take a look at these folks www.thor.ca
This is not about politics, ladies and gentlemen. This is about world justice for humanity and the world marshals will be enforcing the new global accords. Don’t ask me who they are, could be, they put interpol on steroids, don’t know but I saw their mission statement. The St Germain trust folks joined the dragons a few years ago to reduce redundancy and they are the ones who came and got me in the late 80′s. I do get a little annoyed when folks rattle on about being in control of it, it tells me they aren’t and have no idea what it’s purpose is. The attorneys keep that full so it can manifest it’s destiny. ‘Shift the wealth of the world’. We’re in good shape and our freedom will come like that lightning bolt that hit the vatican. Sudden, little to no warning. Just make sure your surf board is waxed and ready to catch that first curl, ‘hang ten’ folks. lol I can see some of the more elderly rolling their eyes….I don’t know about that Poofy.
Don’t try any creative ventures to get around the new stuff, you will fail. They will shut you down. The rvs, drops, and announcements will come almost at the same time, which come in concert with the chinese. The banks will be open, even in china, but china goes first. Best listen first and understand. Lawyers and the like have a little upgrading to do and having never been in this world before, it’ll take a minute to find out if they can even continue. But, hey, what do I know? I got dropped off the back of a wagon on the way to market. So I can tell how the cows ate the cabbage. Have fun and don’t let let these ‘smart guys’ mislead you.
Love and Kisses,
Poofness [2goforth@Safe-mail.net]
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FIVE MAN ELECTRICAL BAND
“Signs”
And the sign said “Long-haired freaky people need not apply”
So I tucked my hair up under my hat and I went in to ask him why
He said “You look like a fine upstanding young man, I think you’ll do”
So I took off my hat, I said “Imagine that. Huh! Me workin’ for you!”
Whoa-oh-oh
Sign, sign, everywhere a sign
Blockin’ out the scenery, breakin’ my mind
Do this, don’t do that, can’t you read the sign?
And the sign said anybody caught trespassin’ would be shot on sight
So I jumped on the fence and-a yelled at the house, “Hey! What gives you
the
right?”
“To put up a fence to keep me out or to keep mother nature in”
“If God was here he’d tell you to your face, Man, you’re some kinda sinner”
Sign, sign, everywhere a sign
Blockin’ out the scenery, breakin’ my mind
Do this, don’t do that, can’t you read the sign?
Now, hey you, mister, can’t you read?
You’ve got to have a shirt and tie to get a seat
You can’t even watch, no you can’t eat
You ain’t supposed to be here
The sign said you got to have a membership card to get inside
Ugh!
[Lead Guitar]
And the sign said, “Everybody welcome. Come in, kneel down and pray”
But when they passed around the plate at the end of it all, I didn’t have a
penny to pay
So I got me a pen and a paper and I made up my own little sign
I said, “Thank you, Lord, for thinkin’ ’bout me. I’m alive and doin’ fine.”
Wooo!
Sign, sign, everywhere a sign
Blockin’ out the scenery, breakin’ my mind
Do this, don’t do that, can’t you read the sign?
Sign, sign, everywhere a sign
Sign
Sign, sign
Connecting the OPPT Dots: More Evidence that the Off-ledger Global Accounts Are Real
by Paula
• • •
Gotta ask: what is the nature of the fraudulent activity that major banks have undertaken?
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As best I can tell, national and international banks, like the governments reporting to them, follow a business model that leans entirely on enormous off-ledger accounts backed by undisclosed gold holdings. All banking transactions are fully backed by gold, secured in a series of public trusts that were originally intended to be payable to each person on earth. Bank principals do not disclose this fact to their customers.
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The public trusts in question are very old and they are astronomically valuable. The One People’s Public Trust, for example, assigns a minimum value of five billion gold-backed U.S. dollars to each citizen of earth, irrespective of nationality. Keeping these points in mind sheds new light on standard banking transactions. Let’s consider a handy example.
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Effectively, when a bank customer requests money in the form of a ‘loan’, the bank immediately covers the full amount of that ‘loan’ by drawing funds from the customer’s public trust account, via a computer link to a central bank. The bank records the transaction by adding the amount of the so-called ‘loan’ to its own asset base. In this way, the customer’s debt is paid as soon as that debt is created on the bank’s ledger. This is the point in the transaction at which fraud is committed: the bank does not tell the customer that the bank has already been paid. Instead, the bank tells the customer that a ‘loan’ has just been created in the customer’s name, and insists that the customer must pay the bank the full amount of that ‘loan’, plus compound interest, by some assigned future date. This is the mechanism by which a bank creates money ex nihilo, ‘from nothing’.
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It strikes me that this may still seem a tad implausible, so let’s investigate further. AK on this blog and D at Removing the Shackles have helpfully been providing us with documents over the past several days that trace the shadowy outline of yet another public trust.
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So how does this connect to Ferdinand Marcos’s will and the Philippines’ gold?
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In recent posts, AK has presented a copy of Ferdinand Marcos’s Last Will and Testament and also a copy of an intriguing agreement between Marcos and a person named Anthony Santiago Martin. AK’s transcription of Marcos’s barely legible will clears our vision. As Sophia Love says, “The gift of this moment is clarity… We have only to choose where to focus.” [ LINK: http://obiwankabuki.blogspot.ca/2013/01/shattered-glasses.html ]
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Now we can see the provenance of the Philippine gold, because Marcos’s will outlines a trail going back a thousand years. Indeed, we read that:
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“[t]he blissful period of pre-Hispanic Philippines clearly indicates a sophisticated cultured people who focused on peaceful commercial trade, maritime exploration while maintaining friendly and viable economic relations with their neighbors. A far cry from the depictions made by European historians who portrayed a people whose existence began as a colony of Spain and for many years was deemed as the only source for the study of Philippine history.” [ LINK: Charity Beyer, The Philippines Before Magellan http://ebookbrowse.com/the-philippines-before-magellan-doc-d143095187 ]
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A vast amount of wealth existed under Marcos’s charge. The details of both documents, Marcos’s will and the ‘Ultimate Agreement’, caught my attention right away. Both documents repeat the names and features that had me scratching my head when I earlier looked at information concerning off-ledger trusts: Spiritual Wonder Boy… King ASM… Those ‘infinity’ symbols again… [LINK to ‘OPPT Shoe Dropped’ http://americankabuki.blogspot.ca/2013/01/when-oppt-shoe-dropped-evidence-that.html ]
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After further head-scratching, here’s what I’ve provisionally discerned:
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In 1945, Marcos “was the lawyer utilized by Sta. Romano, aka Antonio Diaz (plus many other pseudo names) who was a CIA agent, Ambassador for the Vatican and working closely with General McArthur and General Lansdale. At the time the Philippines was American Territory. At that time Marcos was just a good lawyer, but he eventually became a Congressman, then Senator, then President. Marcos was appointed the Custodian of the assets held in the Philippines, whilst he was still just a lawyer which continued through until 1986… without the signature of the Primary Custodian no one could do anything with the assets, so effectively Marcos had full control of the assets… It was Marcos who appointed Spiritual Wonder Boy and the others (as he was legally [able] to do) based upon his trust in these people and their faith and honesty.” [ LINK: Philippines: Wealthiest Nation on Earth http://www.asiafinest.com/forum/index.php?s=0b5f7d9401c85439b54c88edaaa137f6&showtopic=201579&st=700&p=4789683&#entry4789683 ]
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As we know courtesy of AK’s transcript, Marcos signed a will dated December 20, 1985, leaving the assets in his charge to the people of the Philippines and entrusting management of the assets to one Anthony Santiago Martin, aka. ‘King ASM’. Meanwhile, back at the palace,
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“Marcos refused to ‘play ball’ with President Reagan when Reagan, a long-time associate of Marcos, requested (unsuccessfully) that the Philippine dictator provide Washington with a hoard of black gold to back Reagan’s new ‘Rainbow Dollar’, which was an attempt by the American president to create a new gold-backed U.S. currency. When Washington became aware that Marcos was essentially getting ‘too big for his britches,’ it was decided that he needed to be removed from power so that the U.S. could gain full access to the hoards of gold hidden away within Malacanang Palace, the official residence of the Philippine president. Thus, the seeds of revolution were sown, and the masses were stirred up in a revolt against their currently sitting president.” [ LINK: New Tomorrow Part II: The Off-Ledger, Occult Economy http://newtomorrow.us/part2.html]
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By the time that Marcos died in 1989, Cory Aquino was President of the Philippines. She was not receptive to Marcos’s last wishes. At this point, I can contribute another document to the pile. In 2009, the Supreme Court in Manila ruled that Imelda Marcos and her son, Ferdinand II, should continue to control the assets as the executors of Marcos’s will, notwithstanding a the prosecution of a lawsuit on behalf of the Philippine people to have the assets repatriated to them directly: [ G.R. Nos. 130371 &130855 http://sc.judiciary.gov.ph/jurisprudence/2009/august2009/130371_130855.htm ]
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Where do we go with all this info? Where did the gold wind up? How does this connect back to OPPT? Let’s consider what Heather Tucci-Jarraf, Trustee of the One People’s Public Trust has to say on the subject:
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“From the old paradigm banking position, right now, the People’s Trust and the One People, All Equally, have the only valid, lawful, legal commercial paper worth anything on the Planet! And as far as what’s backing it, truly what’s backing it is Prime Value, but as of right now, all the gold, silver and precious metals is backing it!”
The gears on the world change over are engaging. You will hear with your own ears, very shortly. There was a ‘come-to-Jesus’ meeting at the White House a couple of weeks ago that laid down the gauntlet on US politicians. Nothing like being told, ‘we are about to move ahead and cast the US adrift to fend for itself’. In other words, the world needs it’s stuff and weren’t putting up with the US egos holding everything up. Every damn doc has been signed and left no reason to hold back from flipping this world on it’s head. Some have set themselves up to be sent to undisclosed locations, oh well, not like they weren’t warned. If you’re looking for the sense of that, just remember, some folks don’t believe fat meat’s greasy. Which means ‘reason’ is beyond their capacity, like a mule with blinders, side vision is not real strong with them, need a club to get their attention.There is no military might that can stop an idea whose time has come. So mister Cheney can forget the military industrial complex stopping the people of the dragons from exercising their power for using their jewels to make a balanced world. Aren’t the words, ‘they who have the gold, rule?’. If you had no intent to pay back what you borrowed, should’ve never borrowed from them. They never were stupid about money and ‘worth’…but left-brain logic, doesn’t work completely, with people who use their right brains for more than drawing pictures. Actually the folks in the Himalayas teach a technique to assist in the process of merging the right and left hemispheres of the brain and, their functions; making it possible for a human to be single-brained. Draw back…’normal’ people may think you’re weird because you can walk and chew gum at the same time. lololol…and pat your belly.
As I said wait your turn, there have been alterations, thru the years for one reason or another. Who cares; the world is changing anyway and with the freedom being given to the former ‘serfs’, the panoramic view will shift very quickly. You know what needs fixing out here…set about when you’re given the chance, your back is being watched. The matrix serves more than getting bankers in pocket! So, off you go, and make a difference. No more Freddy Flintstone—time for the Jetsons’. Play nice and leave the grumble monkeys behind, smile at them when they say…it’s all BS…dust your feet off and walk on. We are Not going to hell in a hand basket, after all.
Consultations available until the knock on the door.
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.
With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs.
The London Bullion Market is the global trading centre for physical gold, and the Bank of England holds gold on behalf of other central banks. There are a number of historical reasons the Bank has this privileged role, but the most important are that the Bank is trusted, and it oversees the largest bullion market by far. Therefore a significant portion of the world’s monetary gold should be stored at the Bank of England.
Satu Insan - Malaysia 