Socio-Economics History Blog

Socio-Economics & History Commentary

Alex Jones: Flu Pandemic-Mass Graves and Martial Law!

Part  5  ,  Part  6  ,  Part  7  ,  Part  8 

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July 29, 2009 Posted by | Medicine & Health | , , , , , | 3 Comments

The Three Triggers for the Global Gold Bubble

  • The world is headed towards a monetary crisis triggered by the collapse of the USD. When a world reserve currency collapses, it affects all countries. It affects international trade. This is the reason why China is rushing to internationalize its Yuan. This monetary crisis will cause a loss in confidence towards fiat currencies. When that happens people will rush to gold. Gold is real money throughout history. Peter Krauth explains :
     
    Inflationary fears are on the march the world over. And most of those worries are due to the trillions of dollars in stimulus spending the world’s central bankers have engineered. Those worries about the pressure from rising prices are destined to cause the next big asset bubble.
      
    And the color of this particular bubble will be gold. The irony here is that even though central bankers are the cause of     this looming bubble in gold prices, a higher gold price isn’t their objective. They apparently believe that freshly minted “fiat dollars” – trillions of them – are just what’s needed.
      
    Let me explain.
    The plan, you see, is quite ingenious – on its face, at least. With a simple wave of their monetary wands, and a midnight run of their printing presses, central bankers such as U.S. Federal Reserve Chairman Ben S. Bernanke will be able to “create” the money that’s needed to repay their governments’ obligations, shore up their financial systems and jump-start their economies, all at the same time.
     
    But nothing is ever that simple. And there’s a problem that’s been overlooked, or perhaps just ignored. It’s called an “imbalance.” As central bankers flood the world’s financial system with ever-increasing amounts of cash and increasingly easier credit, there won’t be an offsetting increase in the amounts of goods and services available for purchase.
     
    The result: you have more capital chasing the same amount of production. As your mind treks back to Economics 101, you’ll realize that the laws of supply and demand haven’t been rewritten. The additional dollars will cause the prices of the goods (especially such commodity assets as precious metals, crude oil, industrial metals, agricultural commodities, and later on even property assets such as global companies) to rise in a scenario that’s akin to a global auction.
       
    That means there’s only one possible outcome. Higher prices. Just around the bend. As that almost-certain inflation tsunami approaches, gold will be your safest flotation device.
      
    The Three Trigger Points of the Coming Global Gold Rush
    Every bull market in gold runs through three stages:
     
    - Stage One: Currency Devaluation.
    - Stage Two: Investment Demand.
    - Stage Three: A culminating Mania-Buying Spree.
     
    In Stage One, gold gains the most ground against the leading global currency. This one’s easy. Gold, and virtually every other commodity I follow, is quoted in U.S. dollars. Despite the many epitaphs that have been written, the greenback remains the world’s dominant legal tender. Its status is very likely to change someday, but that’s fodder for another essay.
     
    Since April 2001, and until a couple of years ago,     the increase in the price of gold was much more muted in other currencies. With gold seemingly locked in a sideways trading market, demand for the “yellow metal” remained low.
     
    In Stage Two, gold begins to decouple from the dominant currency (the U.S. dollar), rises versus most other monies, and investment demand kicks in. That inflexion point was reached by mid-2005, and gold’s upward slope began to take shape.
     
    It’s at this point that foreign investors begin to take notice. Investors from Asia, Europe and other key markets outside the United States have a much stronger attraction to gold than we do, and often better recognize its ability to preserve wealth.
     
    Just as important: At this point in the cycle we see sophisticated individual investors – and professional institutional investors – increase their portfolio allocations.
      …..
    Already, demand for physical bullion has been on a marked rise since entering Stage Two. And with last fall’s stock-market panic, demand zoomed almost vertically.
     
    During the fourth quarter of 2008, for instance, North American and European purchases of gold coins and gold bars rose 811% over the same period the year before, and premiums on physical gold escalated stratospherically.
     
    Overall, this intensified interest in the yellow metal pushed the global retail investment in gold up n early 400% in last year’s fourth quarter, compared with the final three months of 2007, according to the World Gold Council.
     
    Exchange-traded funds (ETFs) have been a tremendous catalyst for swelling gold demand. SPDR Gold Trust (NYSE: GLD), the largest physically backed ETF on the planet, is now the sixth-biggest holder of gold bullion in the world, holding more than 1,000 metric tones of the precious metal.
      ….
    We’ve clearly passed Stage One. And we’ve certainly completed much of Stage Two. That means the fun is about to begin.
     
    Enter Stage Three …
    Stage Three is when all the stops get pulled out. That’s when the public finally becomes aware of gold’s progressive rise. It’s when we see a market bubble akin to what we saw with “dot-com” stocks back in the late 1990s, or U.S. stocks (and a Dow Jones Industrial Average in excess of 14,000) in late 2007.
     
    A mania sets in and higher prices, by themselves, beget higher prices, with gold now rising in the kind of near-vertical climb that is the hallmark of a speculative mania – a bubble.
     
    According to famed market observer     Richard Russell, publisher of the Dow Theory Letters, we have entered the beginnings of Stage Three. Russell has the perspective to understand what he’s saying: He’s been following and writing about the markets for more than 50 years – without interruption – having started all the way back in 1958. And Russell says that “my belief is that we’re now nearing the beginning of the third speculative phase of the great gold bull market …” And Russell’s not alone.
     
    In an interview with Bloomberg TV,     Marc Faber – another noted writer and commentator – was asked about the inflationary pressures facing the United States, and responded by saying that he is “100% sure that the U.S. will go into hyperinflation. The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”
     
    So if Russell is predicting a bubble (Stage Three), and Faber is predicting a huge surge in demand (inflation – Stage Two), that leaves us to find a recognized outside expert to address Stage One (currency devaluation).
     
    For that we turn to noted author and global adventurer Jim Rogers, who has been interviewed many times by Money Morning. And Rogers isn’t keen on the future of the U.S. dollar.
     
    “We’re going to have a currency crisis, probably this fall or the fall of 2010,” Rogers said recently. “It’s been building up for a long time. We’ve had a huge rally in the dollar, an artificial rally in the dollar, so it’s time for a currency crisis.”
     
    How Dark Will it Get for the Dollar?
    Currency crises occur all the time. Even the really bad ones – known as “hyperinflation” – have occurred on a fairly regular basis throughout history:     Zimbabwe has experienced this extremely painful affliction for much of this decade; in Germany’s Weimar Republic, the paper mark/gold mark ratio went from a one-to-one ratio in 1921, all the way to a one-to-1.0 trillion ratio in 1923 (see accompanying chart).
     
    Now just imagine what would happen to gold in any remotely comparable situation involving the U.S. Dollar. Remember, the dollar is the world’s reserve currency today. Simply put, this is an experiment pure and simple, since there is no precedent for the current world money order.
     
    All it would take is a loss of faith in the greenback. It’s important to understand that dollars are nothing more than paper and ink, backed by the full faith and credit of the U.S. government. In a year in which the budget deficit could easily top $2 trillion, this does not reassure me.
     
    The dollar holds its value only as long as the greenback’s holders maintain their faith in the currency. The moment people decide they don’t want your dollars, they become worthless, or at least worth much less. In that case, it will take a lot more dollars today to buy the same thing you bought with many fewer dollars only yesterday.
     
    Historical anecdotes recount stories of workers having to be paid several times a day (because the Weimar mark was falling in value so quickly), or of wheelbarrows full of marks being trundled up to the local store just to purchase a loaf of bread. At one point, the mark had fallen so far that it had more value as a wallcovering than as a currency.
     
    The worst part of such a scenario is when there’s an actual “panic run” on the dollar, where holders dump it en masse, meaning there are a lot of folks trying to exit all at once through a very narrow doorway. For the greenback, it would be nothing short of the currency’s death knell.
     
    Painting a Picture of a Powerful Profit Play
    But in the dollar’s demise would be a major profit opportunity. As noted, gold is priced in U.S. Dollars all around the world. That’s why I have no doubt that gold will absolutely soar, as people the world over will seek refuge in its anti-inflation properties.
     
    Add into the mix the fact that – compared to stocks, bonds and currencies – gold is actually quite a small market, and you start to understand the magnitude of the opportunity we’re depicting.
      ….
    How hefty? Just think back 10 years to the dot-com bubble of 1998, 1999 and the first part of 2000, when any company with a “dot-com” suffix was automatically lumped into the “Gold Rush” in cyberspace.
     
    Or, if you want something more recent, think about the near-vertical-ascent in housing prices we watched just a few years ago – a real estate bubble that induced countless numbers of homeowners to take cash advances on the homes that they lived in to buy second homes, vacation houses, or rental properties “as an investment.”
      …
    Fueled by the long-term, inflation-supercharged changes in the world financial system, the flood of newly printed money, and the looming demise of the dollar, the imminent gold mania will put the dot-com craze, and even the real estate frenzy, to absolute shame.

Disclaimer – I am not a financial advisor. This is not an advice to buy, sell or hold any stocks or bonds or any precious metals.

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July 29, 2009 Posted by | Economics | , , , , , , | 2 Comments

Do Drug Companies Secretly Favor a World Flu Pandemic?

  • Cui Bono? Big Pharma! This A/H1N1 swine flu is man made! However, it is very mild and most people recover within 3-4 days. The danger is the vaccine! There is a depopulation agenda behind this mass vaccination drive. Please spread the word to as many as possible!
     
  • Dr Mercola advises :
      
    In early May, Health and Human Services Secretary Kathleen Sebelius admitted the swine flu virus was not quite the fearsome plague it was widely reported to be in April when the novel influenza A strain(official name H1N1) first emerged in the U.S. On May 6, Sebelius said:
     
    “We are cautiously optimistic that what we are seeing right now is presenting itself as a much milder virus than the initial cases … in Mexico.”[1]
     
    Ms. Sebelius’ remark was likely prompted by the fact the swine flu virus is showing itself to have mild symptoms, quick recovery time, and low incidence of death among the vast majority of H1N1 patients throughout the world (with the single exception of Mexico).
     
    A little over a month later, on June 11, the World Health Organization (WHO) raised its swine flu pandemic alert from a 5 to a 6.     [2] Phase 6 is the highest level alert, and reflects the speed with which a virus is spreading – not its severity.
     
    WHO actually considers the severity of the H1N1 virus to be moderate, generally defined as an illness requiring neither hospitalization nor even medical care.    [3] 
     
    From Cautious Optimism to High Risk Pessimism in Under Six Weeks
    A few days after the Phase 6 designation, on June 16, Sebelius began urging school superintendents across the nation to prepare for the possibility their schools would be turned into swine flu shot clinics in the fall.
     
    According to Sebelius, “If you think about vaccinating kids, schools are the logical place.” She says if the current trend continues, “… the target may be school-age children as a first priority for vaccination.”    [4]
     
    And now it is being reported that the United States will spend an     additional $1 billion on ingredients for an H1N1 vaccine. Another billion dollars for a virus with mild symptoms?
     
    Why this sudden urgency to mass vaccinate, now that the real risks of the swine flu have been shown to be both mild and infrequent?
     
    Where is the Logic in Mass-Vaccinating Kids?
    Never mind the serious health risks of flu vaccines, which I’ll get to shortly. What happened to common sense? Why are your school-age children being targeted by the Department of Health and Human Services as the “first priority” for novel H1N1 vaccinations that have not undergone adequate safety testing?
     
    Per WHO, most cases of severe and fatal swine flu infections have occurred in people aged 30 to 502. Many of those cases were seen in people who were already ill with disorders like asthma, heart disease, diabetes, autoimmune diseases and obesity.
     
    Additionally, the swine flu virus presents much less threat of death to Americans than all other strains of influenza combined!    [5] Why is your healthy youngster, who is highly unlikely to contract a severe case of swine flu, about to go to the front of the line to receive two doses of a rushed-to-market flu vaccine?
     
    Worse yet, if you have a child with an established health condition, do you really want him or her injected with an experimental vaccine?    Children with underlying health problems will likely be the first to receive the vaccine, since they will be considered the most probable group to develop severe cases of the H1N1 virus. Unfortunately, these children are also the ones most vulnerable to serious side effects from the vaccine.
     
    Your Child May Be Pushed to Get FOUR Flu Shots This Fall
    On July 15th, Dr. Pascale Wortley, the U.S. CDC’s pandemic vaccine coordinator, announced,
     
    “This vaccine campaign will unfold quite differently than seasonal flu. This is a huge endeavor we”re gearing up for.”
     
    According to the latest CDC recommendations, school children who have never had a flu shot may need four flu shots this fall. Two doses of the seasonal flu vaccine, and another two against the swine flu. Most everyone else should expect three shots. Looking on the bright side, there are still two slivers of relief in this madness.
     
    1. It appears the pandemic flu shots (like the seasonal flu vaccine) are still voluntary, although most evidence strongly suggest that compulsory vaccinations is a HIGH probability.2. About 20 percent of the vaccines created will be preservative-free, and made available to children and pregnant women who want them
     
    Adults, however, will receive shots from multi-dose vials that WILL contain thimerosal. That said, please read on to find out why opting for a preservative-free vaccine is likely not enough if you want to protect the health of your child, and why you and your family may be FAR better off avoiding both the seasonal- and pandemic flu vaccines.
     
    Flu Shots Simply Don’t Work
    Because addressing the potential side effects of these untested swine flu vaccines is not the only problem here. Numerous studies have shown that flu shots simply do not work. Why would this case be any different? For example:
     
    - According to the     2006 Cochrane Database of Systematic Reviews, 51 separate studies concluded the flu vaccine worked no better than a placebo in 260,000 children ranging in age from six months to 23 months.
     
    - A study published in the     October 2008 Archives of Pediatric and Adolescent Medicine found flu vaccines in young children have made no difference in the number of flu-related doctor and hospital visits.
     
    - As reported in a 2004 publication of the Archives of Disease in Childhood, a study of 800 children with asthma concluded those receiving a flu vaccine had a significantly increased risk of asthma-related doctor and emergency room visits.    [6]
     
    - A more recent study released at the 2009 American Thoracic Society International Conference showed children with asthma who received FluMist had a 3-fold increased risk for hospitalization.    [7]  
     
    And not only are vaccines ineffective in preventing flu in your children, they are equally useless for adults, including the elderly.
     
    - According to the 2007 Cochrane Database of Systematic Reviews, studies of over 65,000 healthy adults concluded vaccinations reduced the risk of flu by only six percent, and reduced missed work days by less than a single day. Vaccinations did not reduce the number of people who sought medical help or took time off from work.    [8]
     
    - The 2006 Cochrane Database also includes a review of 64 vaccination studies of the elderly across nearly 100 flu seasons. The studies showed flu vaccines were ineffective in preventing the flu in either nursing home patients or elderly living in the community.    [9]
     
    - A study published in the     Lancet last year found that influenza vaccination was NOT associated with a reduced risk of pneumonia in older people. This supports a study done five years ago, published in The New England Journal of Medicine.
     
    - Research published in the     American Journal of Respiratory and Critical Care Medicine also confirms that there has been no decrease in deaths from influenza and pneumonia, despite the fact that vaccination coverage among the elderly has increased from 15 percent in 1980 to 65 percent now.
     
    Last year, researchers with the National Institute of Allergy and Infectious Diseases, and the National Institutes of Health published this conclusion in the Lancet Infectious Diseases:
     
    “We conclude that frailty selection bias and use of non-specific endpoints such as all-cause mortality have led cohort studies to greatly exaggerate vaccine benefits.”
     
    Flu Vaccines Pose Significant Health Risks to Your Children
    Most flu vaccines contain dangerous levels of mercury in the form of thimerosal, a deadly preservative that is 50 times more toxic than regular mercury.[10] If taken in high enough doses, it can result in long-term immune, sensory, neurological, motor, and behavioral dysfunctions.
     
    Disorders associated with mercury poisoning include autism, attention deficit disorder, multiple sclerosis, and speech and language deficiencies.
     
    The Institute of Medicine has warned that infants, children, and pregnant women should not be injected with thimerosal, and yet the majority of flu shots contain 25 micrograms of it.
     
    It has been calculated that, by age two, American children have received 237 micrograms of mercury from vaccines alone, which far exceeds the current EPA “safe” level of 0.1 mcg/kg per day. But that’s not all. Other     toxic substances found in various flu vaccines include:
Ethylene glycol (antifreeze) Neomycin and streptomycin (antibiotics) Resin and gelatin – known to cause allergic reactions
Formaldehyde – a known cancer causing agent Aluminum — a neurotoxin linked to Alzheimer’s disease Polysorbate 80 (Tween80™) – which can cause severe allergic reactions, including anaphylaxis
Phenol (carbolic acid) Triton X100 (detergent) Egg proteins (including avian viruses)

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July 29, 2009 Posted by | Medicine & Health | , | 9 Comments

Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’

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July 29, 2009 Posted by | Economics | , , , , , | 1 Comment

   

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