Gold Perspective on a World Gone Economically Mad !

• Most people do not understand that countries like US, UK and Japan will never repay their sovereign debts totally. The options are: sell off say pieces of California to China(ie creditor country) or print money out of thin air until your debts are inflated away. No politicians in their right mind will sell away a piece of their territory to repay debts. They will be ‘dismembered’ by the public. So, printing money out of thin air to repay their debts is far and away the easier and better choice.
   
• If you owe US$12 trillion, you just turn on the electronics and electronically print US$12T. It is that easy! The consequence is horrendous though. It amounts to currency debasement and  instituting inflation. Remember the German Weimar republic of the 1920s and 1930s? They needed a wheel barrow of paper currencies to buy a loaf of bread. Could it happen to America? I won’t bet against it.
   
• When currency devaluation kicks in, people throw away their fiat currencies in exchange for gold. This is what is essentially happening now with the smart money. The smart money is accumulating gold as an insurance against the eventuality of currency debasement. Adam Brochert opines:
   
  Assets are deflating relative to Gold. This is the missing link of the deflation/inflation game. …. I also know that every currency in history has failed, whether Gold backed or not. When Gold backed, currencies are destroyed because the government breaks its promise and drops the Gold backing whenever a war needs to be fought or times get too hard. When not Gold backed, currencies generally hyperinflate into oblivion and are then replaced. History keeps repeating over and over again, but this time, gosh darn it, it is different. Bernanke and widdle Timmy Geithner are the most powerful brain trust ever seen in the history of financial markets and will take care of everything for everyone.
    
  Keeping these admittedly Gold buggy-type background thoughts in your mind so that you realize this piece is written by an irrational lunatic, those who are calling for the imminent destruction and collapse of the U.S. Dollar need to remember that we are not the only country on the paper-money-road-to-hell path.
    …….
  I do not fear only for American citizens or the American dollar, as a global crack up boom in assets priced with paper money seems a likely path if things continue on the current track. In Gold terms, we have already been in deflation for years depending on the asset in question. For what asset class left is not deflating in Gold terms?
     ……..
  If China, Japan, the Eurozone, Australia, India, the Middle East and Brazil all agree to crank up the printing presses and create an astronomical amount of new debt to replace that lost by the private sector, and then they all agree to buy each others’ debt with this newly created debt, this will be deflationary when Gold is used as the currency of measurement. But will it really feel like deflation to the average gal or guy on the street holding paper currency units? For it is really only Gold that has a done a reasonable job of preserving purchasing power over this past cycle. Gold has reverted to its role as the international currency of last resort.
   
  This is why the “mainstream” inflation-deflation debate has become less meaningful for me – I think we are in a wicked deflation, but it’s in terms of Gold. And yet, in the parlance of paper, a rising Gold price is almost by definition called inflation. Six of one, half a dozen of the other. One thing I do know for sure even without a PhD in Ponzi economics: Gold’s in a bull market and you don’t want to bet against it. 

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. I am long gold and silver.

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Emerging Market Central Banks Have Scope To Buy More Gold

• The next phase of the bull rally in gold prices has just started. John Paulson, the fund manage who made billions in the sub prime mortgage meltdown, is fully on board. He has started his own fund to invest in gold. Paulson is just one of the growing number of fund managers jumping on board the gold wagon. In a similar vein, many central banks are dumping their USD for gold. FxStreet.com reports:
   
  Central banks of emerging markets have substantial scope to expand their gold reserves given their underweight position in the metal relative to developed market central banks, Stephen Jen, managing director of macroeconomics and forex at BlueGold Capital Management, said in a report dated Monday.
   
  According to the report, the average gold holding ratio, or gold holdings as a percentage of total foreign exchange and gold reserves, of the U.S., Japan, ECB, UK, Germany, Italy, France and Switzerland is 37.9% on average.
   
  This compares with an average of 2.2% for a group that includes China, Russia, India, Taiwan, South Korea, Hong Kong, Brazil and Singapore.  “The obvious implication is that the scope for emerging market central banks to buy more gold is substantial, if they decide to diversify into gold,” said Jen.
   
  Jen also said the top eight emerging market forex reserve holders have $4.1 trillion in foreign reserves, meaning every 1% reallocation in reserves towards gold would correspond to $41 billion in gold purchases. “If these banks raise their gold holdings from the current 2.2% to a conservative 5%, this would correspond to $115 billion in gold purchases,” he said.
   
  The Reserve Bank of India’s purchase of 200 metric tons of gold from the IMF, first reported Nov. 3, which cost it around $7 billion, has been one of the factors widely cited as driving gold to new record highs. 

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Santelli: The Fed’s Gold Price Suppression.

• Gold bugs know this to be true: Uncle Sam has been suppressing the price of gold for many years. In fact, most western central banksters do that. They do it to make their fiat currencies look valuable. By selling gold and thus depressing prices, they are saying ‘why hang on to this relic of the stone age when you can have real paper money’. Of course, we all know what paper currencies are. It is becoming more and more obvious that fiat currencies are no more than Monopoly money printed out of thin air. They are debt obligations of profligate governments.
   
• Well, their suppression scheme is no longer working. More emerging countries’ central banks are accumulating physical gold. They understand what gold bugs know: the #1 fiat currency, the world reserve USD is in deep trouble! It is time to ditch it for something that has been accepted as real money for eons: gold. GATA reports: 
    
  The program began as a general discussion of the markets by several investment house representatives but soon got into a long exchange between Santelli and Philip Gotthelf, president of Equidex Brokerage Group in Closter, New Jersey. Gotthelf was making the case for a much higher gold price and asserting that central banks would dread such a thing when Santelli interjected about former Treasury Secretary Lawrence Summers: “Didn’t Larry Summers himself write a paper, called ‘Suppression,’ that central banks have to keep a lid on gold for obvious reasons?”
   
  Until today it had seemed that only the lunatic fringe — or the exceedingly well-informed — knew about Summers’ paper, a keystone of GATA’s research. Of course the paper, written while Summers was a professor at Harvard, wasn’t titled “Suppression,” though that well could have been its title if it ever reached paperback. No, the paper was titled “Gibson’s Paradox and the Gold Standard” and it explained the historic inverse relationship between gold and real interest rates and suggested that central banks could achieve their holy grail, complete control over interest rates, if they gained complete control over their nemesis, the price of gold. “Suppression” is indeed the best single-word summary for what Summers’ paper had in mind for gold, and you can read “Gibson’s Paradox and the Gold Standard” at GATA’s Internet site here: http://www.gata.org/files/gibson.pdf
   
  So now Santelli has let the CNBC audience know that gold price suppression is not only the bane of the supposedly lunatic fringe but also the very premise of the U.S. financial establishment.

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Al Gore’s Global Warming Religion Is Falling Apart!

• The only man-made global warming that exists is: Al Gore’s fart! All these snakes are just fabricating evidence to scare the entire world into their One World Government and global tax. It is just a scam for total control of the entire world. They will institute their eugenics depopulation policies to cull the sheeple. Draconian laws will be implemented: you will need to have a licence to have children, you will be screened for DNA defects, you will be ‘carbon taxed’ just for being alive and ‘polluting’ the environment …..etc . This is another false flag ops much like 9/11.

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Israeli Soldiers Admit to War Crimes in Gaza War!

Climate-Gate: The Global Warming Scam!

• The man made global warming scam is about the drive towards a One World Government and implementing a global tax on all citizens. This supra national entity will take over by stealth the economic, financial…etc.. systems of countries. See also:
   
  Leaked Emails And Man Made Global Warming Hoax!
  Copenhagen Agreement is a Plan for World Government !
  Obama ‘President of the World’. The Coming World Government!
  Global Climate Scam: UN Framework Convention on Climate Change
  Obama’s 1-world government – Chuck Norris
  Coming in December 2009: World Government? 
  Global Warming or Global Freezing: Is the Ice Really Melting?
  Czech President: U.N. Climate Meeting Was Propaganda!
  Man Made Global Warning is a Hoax. It’s the Sun !
  The Great Global Warming Swindle !  

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VeriChip Buys Steel Vault, Creating Micro-Implant Health Record/Credit Score Empire!

• America is falling, falling…falling!! The rise of fascism is as plain as daylight but people just refuse to see it. Wake up people! America is being sacrificed to start the One World Government, Fascist Police State. America as we know it will not be recognizable in 5 years time.
   
• The chief industry of America is WAR! See: Our Chief Industry: War! More wars are planned and will be initiated by America. Revelation 6 opens with the White Horseman, a picture of the Anti Christ who will bring peace to the world. It implies that there will be a period of intense wars before this White Horseman appears!
   
  Revelation 6:1-2
  ¹ Now I saw when the Lamb opened one of the seals;^[a] and I heard one of the four living creatures saying with a voice like thunder, “Come and see.” ² And I looked, and behold, a white horse. He who sat on it had a bow; and a crown was given to him, and he went out conquering and to conquer.
   
  VeriChip Buys Steel Vault, Creating Micro-Implant Health Record/Credit Score Empire
  VeriChip (CHIP), the company that markets a microchip implant that links to your online health records, has acquired Steel Vault (SVUL), a credit monitoring and anti-identity theft company. The combined company will operate under a new name: PositiveID.
   
  The all-stock transaction will leave PositiveID in charge of a burgeoning empire of identity, health and microchip implant businesses that will only encourage its critics. BNET previously noted that some regard the company as part of a prophecy in the Book of Revelation (because the HealthLink chip carries an RFID number that can be used as both money and proof of ID) or as part of President Obama’s secret Nazi plan to enslave America.
   
  The most obvious criticism to be made of the deal is that it potentially allows PositiveID to link or cross-check patient health records (from the HealthLink chip) to people’s credit scores. One assumes that the company will put up firewalls to prevent that. PositiveID CEO Scott Silverman said:
   
  “PositiveID will be the first company of its kind to combine a successful identity security business with one of the world’s first personal health records through our Health Link business. PositiveID will address some of the most important issues affecting our society today with our identification tools and technologies for consumers and businesses.”
   
  Unless, of course, consumers don’t actually want to be implanted with chips, have their health records available over the internet, or have their medical records linked to their credit scores.
   
• See also:
   
  Micro-Chipping Of US Citizens To Be Mandatory?
  The Human Microchipping Agenda!
  Implantable RFID MicroChip Advert Proof!
  Microchip Implant to Link Your Health Records, Credit History, Social Security!
  Is The VeriChip “Mark of The Beast?”
  Implantable Micro-Chip: VeriChip Shares Jump After H1N1 Patent License Win
  Hitachi develops world’s smallest RFID chip 

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Doctor: Don’t Take The A/H1N1 Vaccine!

Leaked Emails And Man Made Global Warming Hoax!

• See also:
   
  Copenhagen Agreement is a Plan for World Government !
  Obama ‘President of the World’. The Coming World Government!
  Global Climate Scam: UN Framework Convention on Climate Change
  Obama’s 1-world government – Chuck Norris
  Coming in December 2009: World Government? 
  Global Warming or Global Freezing: Is the Ice Really Melting?
  Czech President: U.N. Climate Meeting Was Propaganda!
  Man Made Global Warning is a Hoax. It’s the Sun !
  The Great Global Warming Swindle ! 

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US$5,000 Gold?

Welcome to Stage Two of Gold’s Bull Market!

• There are many people who say that gold is already at an all time nominal high and is thus very expensive. They do not understand the economic reason/mechanism behind this price rise. It is not that gold has become more valuable. It is the USD that is collapsing and becoming worthless. Unless, there are fundamental economic reasons why fiat paper USD should increase in value, things are going to get alot worse for it. The USD, like many fiat currencies are just pieces of paper governments around the world print out of thin air.
   
• It is becoming increasingly obvious: United States, Great Britain, Japan and many other countries will not be able to pay off their debts. Their only choice is currency debasement. Whether via a formal devaluation or stealth ‘market’ devaluation isn’t that important. What is certain is where many fiat currencies are headed: to toilet paper status! Gold is signalling such a coming monetary crisis and ‘YES’ it is going alot higher. Gold is real money and not just another investment asset class! James Turk opines:
    
  Bull markets are marked by three distinct stages, and when gold climbed above $1,000, it only entered its second stage.  In other words, gold has much further to climb in the months and years ahead.
   
  So don’t be misled by what you may hear or read in the mainstream media and even much of the alternative media. After all, how many commentators have correctly identified gold’s bull market, now a decade old?
   
  As Robert Blumen cogently argues: “Many of the financial media have a pronounced anti-gold bias. Of the writers and news anchors now calling gold a bubble, not only did they fail to identify the stock market bubble in the 90s or the subsequent housing market boom as a bubble, they actively promoted the excesses of those unsustainable booms, encouraging their viewers or readers to participate. For the most part, these pundits have failed to identify a rising gold price as an investment trend at any point in the past ten years (during which gold had a positive return each and every year).”  Robert then goes on to observe the silly incongruity of their warnings about gold: “Witness the irony of the financial media transformed from hypesters who never saw a bubble they couldn’t promote into bubble vigilantes, issuing concerned warnings to ‘get out [of gold], now, before you get hurt.’” http://www.lewrockwell.com/blumen/blumen19.1.html
   
  There are different ways to determine relative value, and one of these is gauging market sentiment, which is what a bull market’s three stages communicate. During the first stage of a bull market, the media and most investors alike focus on past issues, rather than future potential. Over the past decade one consequently heard all the reasons not to own the gold.
   
  An old and trusty adage says that bull markets climb a ‘wall of worry’.  In gold’s first stage, there seemingly was a lot to worry about.  But most of these worries were emotional in nature and not logical.  Few paid attention to relative value, which is the proper determining factor when making decisions about your portfolio. Truth be told, I too was worried, but I didn’t let it keep me from accumulating gold and recommending to anyone reading my analyses to do the same.
   
  Gold is now in its second stage, and of course, the worries don’t disappear. They never do because there are always emotional reactions that at first blush offer seemingly plausible reasons for not taking the right action. But there is a notable difference in this stage compared to stage one.  Look how many people are writing and talking about gold. Gold has moved from apathy and neglect – stage one characteristics – to growing attention.  But importantly, instead of embracing gold and analyzing it to determine relative value, today’s attention is one of widespread disbelief and skepticism that gold can climb higher. These are exactly the responses one should expect to emanate from stage two.
   
  As gold climbs higher, we will eventually enter stage three. The timing of its arrival cannot be predicted, but we will know it has arrived when commentators who have been consistently wrong about gold will be telling everyone willing to listen to buy gold. But at some point in stage three when gold no longer is relatively good value, it is when I will be advising to reduce your gold holding by spending or investing it. We are, however, a long way from there, so my advice for now remains the same as it has been throughout this decade. Continue to accumulate gold. View it as your savings account. Savings are always a good thing, particularly when you are saving sound money.

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. I am long gold and silver.

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Why the Dollar Needs to Depreciate! Debt Time Bomb Ticking? Dollar Breaking Point?

Dr. Bill Deagle: Ukraine Flu Bio-Weapon Attack. Satanic Depopulation Agenda!

Part   5   ,   Part   6   ,   Part   7   ,   Part   8   ,   Part   9  

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1918 RBD D225G in Lung Cases in the United States!

• Looks like it has started in America, the RBD D225G DNA sequence that is. Some additional factors may be involved to make it so deadly in Ukraine. Could it be bio-weapon chemical spraying by airplanes as many Ukrainians have highlighted during end October? This would not surprise me a bit. Watch the video above about an incident in America.
   
  Recombinomics Commentary 10:27
  November 23, 2009
   
  Betsy McKay: I just wanted to follow-up on the question about the mutation in Norway.  I wondered if you could talk a little bit more about is it possible that this mutation has produced a more virulent form and what has CDC uncovered through its own work? 
   
  Anne Schuchat:  this mutation has been seen sporadically here and there around the world.  Sometimes it’s been seen in patients who had very mild disease and sometimes it’s been seen in people who had more severe or fatal disease.  And, of course, lots of virus without this mutation has been seen in the fatal as well as the milder forms of H1N1 influenza.  There’s some theoretical reasons why this particular mutation might lead an influenza virus to live easier in the deep part of the lungs and cause lower respiratory infections, but we’ve actually seen lower respiratory infections in a severe viral pneumonia without this mutation.  So I think it’s too soon to say what this will mean long term.  It’s an important finding and they’re looking into it, but I don’t think it has the public health implications that we would wonder about.  Did you have a second question?  Oh, what have we seen so far?  I believe it’s been seen in the U.S. But associated with mild disease.  I believe.  I might need to verify that.  Do we have another from the room?  Okay.  We’ll go back to the phone. 
   
  The above comments are from the latest CDC update and regard the receptor binding domain change, D225G, which has recently been reported in Ukraine and Norway.  This change was also identified in 1918 and 1919 fatal lung cases and the change has been targeted in receptor binding domain studies.  These studies showed that the 1918 H1N1 with D225G was able to bind to gal alpha 2,3 and gal alpha 2,6, in contrast to the 1918 sequences with wild type D225, which targeted alpha 2,6.
   
  Recent studies have also demonstrated that alpha 2,3 receptors are on alveolar epithelial type II cells, which regulate lung surface tension as well as immunological defenses which include the release of cytokines.  Binding of H1N1 to these cells could have significance clinical implications, which is support by the recently published sequences which identifies D225G in lung and trachea samples form fatally infected patients.  The cases in Ukraine were also linked to hemorrhagic disease and the CDC sent out a warning on such cases due to sporadic reports in the United States.
   
  The above response fails to note the identity between the receptor binding domain change in Norway and Ukraine and responses to that alert.  Moreover, media reports on fatal cases that develop ARDS in association with hemorrhagic disease in the United States continues to increase. Details on the number and location of cases reported in response to the CDC alert would be useful.

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1918 RBD D225G in Lung Cases in Ukraine and Norway!

• The Ukraine mystery flu has all the markings of a deliberate bio-weapon attack. Why would the 1918 RBD D225D signature sequence appear in Ukraine and Norway (Russia too!)? The 1918 flu strain was resurrected some years back by scientists ‘to study it’. Yeah right, just to study it. Now, after many years of warning by the PTB about a coming deadly flu pandemic, the 1918 strain re-appears coincidentally. C’mon! This is all an engineered depopulation Satanic agenda! What better way to force through legislation to microchip everyone.
   
  Quote:
  Thus, these silent (synonymous) changes string argue against a coincidental spontaneous mutation, and instead argue that this acquisition is concurrently acquired because of a widespread common donor.
   
  Recombinomics Commentary 11:29
  November 21, 2009
   
  For the two 1918 HA variants, the South Carolina (SC) HA (with Asp190, Asp225) bound exclusively alpha2-6 receptors, while the New York (NY) variant, which differed only by one residue (Gly225), had mixed alpha2-6/alpha2-3 specificity, especially for sulfated oligosaccharides.
   
  The above description is from a paper analyzing receptor binding domain differences in sequences from the 1918 pandemic.  The New York variant had D225G, the same change found in lung tissues from fatal swine H1N1 sequences in Brazil, Ukraine, and Norway.  The above result clearly demonstrated a change in receptor specificity for D225G, which was present in A/New York/1/1918 and A/London/1/1919, demonstrating the same change I 1918 that has been described in 2009.  Although WHO stated that this change was “not significant” in the Ukraine samples, it was associated with the fatal cases and is cause for concern.  The concern was increased by the announcement from Norway indicating the same change was found in fatal H1N1 lung infections there also.
   
  Although there have been comments that this change was “spontaneous” and did not spread, the finding of the same change in all four deceased patients in Ukraine from two distinct locations, indicates it did spread, as did the finding of the same change in multiple cases in Brazil and Norway.  Although the concept of “random mutation” has been used to explain away the sudden appearance of the same polymorphism on multiple backgrounds, the appearance via recombination is a much stronger argument for the same change to appear at multiple locations at the same time.
   
  The spontaneous mutation theory, which is the foundation of WHO policy and statements on significance of changes relies heavily on a “selection” component, arguing that the same change keeps appearing on different backgrounds because of string selection pressure.  However, this same phenomenon was described for a silent mutation on H5N1, which offers no clear selection pressure.  Similarly, a silent change was also found in seasonal H1N1 in sequences that had acquired the Tamiflu resistance marker, H274Y.  Thus, these silent (synonymous) changes string argue against a coincidental spontaneous mutation, and instead argue that this acquisition is concurrently acquired because of a widespread common donor.
   
  The concept of acquisition via recombination has serious implications for the current pandemic.  It was used to predict the D225G change, in part because the change was “in play” and appearing in July/August sequences at increasing frequency, even though the H1N1 sequences represented different genetic backgrounds.  Similarly the clusters of Tamiflu resistance in Wales and North Carolina are also driven by recombination, as happened when the identical change was acquired in H1N1 seasonal flu in patients who were not taking Tamiflu (oseltamivir).
   
  Thus, the concept of recombination predicts that the D225G receptor binding domain change, and the H274Y Tamiflu resistance change, which continue to spread via recombination .

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