Neturei Karta International, Jews United Against Zionism! A Statement of Solidarity with the Palestinian people for Al-Nakba Commemorations!

Jews Against Zionism!

• To fight for the orphans, poor, widows, fatherless, oppressed…. has always been a Jewish and biblical tradition. To keep silent and practise ‘collective amnesia’, amounts to complicity in genocide and ethnic cleansing. G_d respects a person who obeys His laws. G_d takes no pleasure in cowards.
    
  The tragic day of Al-Nakba
  A Statement of Solidarity with the Palestinian people for Al-Nakba Commemorations
  By: Neturei Karta International, Jews United Against Zionism
  May 15 – London
  May the Creator’s blessings be upon you, our dear brethren, the long suffering Palestinian people.
   
  We, of Neturei Karta International, salute you from Jerusalem, New York, London and around the world. As many of you already know the Zionist movement has been opposed by observant Orthodox Jews from its inception. Zionism’s first advocates were atheists, men who rejected and betrayed their own Jewish faith. Orthodox Jews have always believed that it is a Divine decree that the Jewish people are to remain in exile as loyal citizens to their host nations until the Almighty will choose to redeem all of mankind.
   
  Thus, it matters naught to us if the Zionist state be religious or secular, whether it be of the right or of the left. Whatever form it should adopt, Torah True Jewry throughout the world including in the Holy Land itself, will never recognize its existence. A large number of Jews who live in the Holy Land refuse to accept any government monies and do not participate in the electoral process, and of course reject to serve in the occupying military forces.
   
  Further we see the ongoing oppression and humiliation for decades of the Palestinian people, especially what is happening recently through it’s criminal leaders as a monstrous evil. The Torah calls upon us to deal justly with all People. The Torah calls upon us to exhibit kindness and loyalty to all, especially with the people of the lands in which we reside throughout our exile. Thus, it is inevitably the true Jewish position to sympathize with the plight of the persecuted and the downtrodden.
   
  It is unthinkable to us that the Jewish people should ever appear as the bully, the persecutor or the dispossessor. And, in fact, it is only those Zionist Jews estranged from their own true faith and confused by the incessant propaganda of the last 62 years who are responsible for the current suffering.
   
  Throughout the world there are untold numbers of believing Jews who are horrified by the Zionists criminal and racist treatment of the Palestinians. These Jews regard Israeli Independence Day as one of the greatest tragedies in Jewish history. Many fast and recite special prayers on that day. 
   
  Even though the Zionist propaganda machine portrays to the world that they are representing the Jewish people as a whole, thank G-D true believing Jews succeeded on numerous occasions to remove the mask, the cover-up of this unthinkable falsification. Recently a delegation of Neturei Karta international visited the besiege Gaza, as a part of the Viva Palastina convoy, headed by H.E. the honorable MP Gorge Galloway, to deliver medical aid and to convey the message of solidarity with the suffering people of Gaza, from many Jewish communities worldwide. 
   
  We seek the return of all the land, of course including Al-Quds, to Palestinian rule. 
   
  We seek the return of all Palestinian refugees to their rightful land. 
  We seek the immediate cessation of Israeli settlements expansion.
  We seek the immediate dismantling of the apartheid wall.
   
  And finally, we seek the immediate speedy and peaceful dismantlement of the entire Zionist State.
   
  We seek to live in the land of Palestine as anti Zionist Jews. To reside as loyal and peaceful Palestinian citizens, in peace and harmony with our Muslim Brethren. Just as our ancestors lived in Palestine for centuries, before the usurpations of this tragic century.
   
  May the Creator grant that this memorial day of Nakba should be the last one, the current occupying State should end speedily and peacefully in our days, and again the Jew and Muslim may yet live joyfully in harmony and peace under Palestinian sovereignty throughout the Holy Land.
   
  May we merit in the near future, to the day when all humankind will recognize and serve the One G-D together in harmony, AMAN.

NKI frequently participates in public burning of the Israeli flag. The pictures above were taken throughout the years, some depict Purim celebrations, a holiday celebrating the defeat of the forces of evil. Costumes are costumetic at that time.

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Marc Faber: ‘All Central Bankers Should Resign!’

Goodman’s Cohen Says Gold May Rise for ‘Several Decades’

Ron Paul: Debt Contagion, Gold And The Federal Reserve Is The Problem!

Financial Terrorists Want Global Currency, Global Central Bank !

• The New World Order is coming. It’s main move is the control of the monetary system and thus the financial, economic and banking systems. Once they have full control of money, the political system will be under their dictate.
   
  “Give me control of a nation’s money and I care not who makes the laws.” - Mayer Amschel Rothschild
   
• They will build a 2 tier society based on: ruling elites and serfs. It will be a totalitarian society where the ‘useless eaters’ will be microchipped. The Illuminist elite are preparing their first move: a global central bank issuing a One World Currency. This implies the death of all major fiat currencies in the near future ie: global currency crisis. The Illuminist method is Order Out of Chaos. They believe in the destruction of the current world order and in the resulting chaos bring about their New World Order. Paul J. Watson writes:
    
  During a recent speech at a conference of elitists in Zurich Switzerland, IMF chief Dominique Strauss-Kahn called for the introduction of a global currency backed by a global central bank which would act as the “lender of last resort” in the event of a severe economic crisis, which would represent another lurch towards fascist centralization of power by financial terrorists busy exploiting the fiscal chaos they created in order to impose world government.
   
  Stating that “crisis is an opportunity,” Strauss-Kahn said that globalists should exploit the financial chaos plaguing the world in order to push for “a new global currency issued by a global central bank”. Strauss-Kahn said that this global currency would represent a “risk-free asset for the system independent of national currencies,” and that a “global central bank could also serve as a lender of last resort”.
   
  The IMF chief is basically arguing for an expanded model of a system that is habitually used to swallow up and turn entire countries into debt slaves to the IMF. Of course, the fact that global economic governance has proven to be fraught with instability in light of the euro crisis, with concerns about the single currency’s survival spreading like a virus as a result of the Greece disaster, is irrelevant to globalists, who are still trying to pose as the saviors with their “solution” of more centralization of power and more global governance, despite the fact that this is what caused the problem in the first place.
   
  As we have previously highlighted, globalists are intent on exploiting the financial crisis to set up a ‘bank of the world’ that will be used to further centralize financial regulatory power and control over national economies for the administrative convenience of central bankers.
   
  In April 2009 the Washington Post reported on plans to turn the IMF into “a veritable United Nations for the global economy,” giving it “vastly expanded authority to act as a global banker to governments rich and poor.”
     
  While there is no question about the agenda to implement a bank of the world, elitists are still infighting about precisely which institution will run the show. During a speech to the Council on Foreign Relations last month, European Central Bank head Jean-Claude Trichet called for the Bank for International Settlements to be used as the de facto global bank.
   
  As we highlighted, the BIS is a notoriously corrupt institution that was founded and run by top Nazis in league with British and American industrialists during and after the second world war. Power brokers who controlled the BIS included men such as Herman Schmitz, the director of IG Farben, whose subsidiary company manufactured Zyklon B, the pesticide used in Nazi concentration camp gas chambers to kill Jews and political dissidents during the Holocaust.
   
  Another director of the bank was Walter Funk, who was appointed Nazi propaganda minister in 1933 before going on to become Hitler’s Minister for Economic Affairs. Another BIS director during this period was Emil Puhl, who as director and vice-president of Germany’s Reichsbank was responsible for moving Nazi gold. Both Funk and Puhl were convicted at the Nuremberg trials as war criminals.
   
  Despite the fact that the BIS was also run by American and British industrialists and bankers, according to author Charles Higham, the bank became, “A money funnel for American and British funds to flow into Hitler’s coffers and to help Hitler build up his war machine.”
   
  Today, the BIS is headed by the world’s central bankers, people like Federal Reserve chief Ben Bernanke and Bank of England head Mervyn King, as well as Trichet himself.
   
  There is no doubt that the elite are pushing for a global central bank and a global currency – the only issue in their eyes is whether this bank will be controlled by the predatory IMF or the Nazi-founded corrupt BIS, which in either case would represent another dangerous lurch towards authoritarian world government run by financial terrorists who have feverishly set about exploiting the financial crisis their policies created in order to lock in global economic fascism

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Germans Lead Gold Rush Frenzy!

...people “are not as dumb as economists. They believe there is going to be inflation and are buying gold to protect themselves.”

• The public is slowly but surely waking up to the reality of a global currency crisis. Fiat currencies worldwide are being debased. As the major currencies: USD, Euro, Yen, Swiss Franc, UK Pound are devalued in cycles, other currencies will feel the market pressures for competitive devaluations. Take for example the Asian Tigers: Taiwan, S. Korea and Singapore, if they maintain a strong currency as the major currencies fall in value, their economies will be affected. They will lose export competitiveness and jobs. The problem is made worse by the Chinese Yuan peg to the USD. As the USD drops in value, the Asian Tigers will find it even more difficult to compete with China!
   
• The reality is: all fiat currencies are being devalued against gold. Gold is making record highs in all currencies. Gold is the insurance against a global race to bottom for fiat currencies! The Germans and many Europeans are waking up to this reality and rushing to buy gold. FT reports: (emphasis mine)
    
  14 May 2010 (Financial Times) — The telephone has not stopped ringing at the Rand refinery in South Africa this week. Panicking German dealers and banks have been desperate to get their hands on krugerrands… The refinery, which usually sells 2,000 coins to each customer at a time, says that last week it received an order from one German bank for 30,000 coins. Another bank requested 15,000 coins…
   
  Frank Ziegler, head of precious metals at BayernLB, one of Germany’s largest wholesale suppliers of gold, says: “People are buying krugerrands like crazy.” The frenzy pushed gold prices to a nominal high of $1,248.95 a troy ounce on Friday while the euro price surged through €1,000 an ounce for the first time. Adjusted for inflation, however, gold prices are still a long way from their all-time high above $2,300 an ounce in 1980.
   
  Although coins account for a small part of the market, they are one of the best indicators of investor sentiment towards the precious metal… … 
  Other important factors are supporting prices: institutional investors are pouring billions into bullion-backed exchange traded funds; central banks have reversed 20 years of selling gold; some, including the Chinese central bank, are buying it; and mine gold supply growth has stagnated.
     …..
  there is no indication that Germans are ready to stop buying. Panicked by the possible inflationary implications of this week’s €750bn bail-out, they have been snapping up gold coins and small bars at a faster rate than in the aftermath of the Lehman Brothers bankruptcy.
    …..
  The European Central Bank says its government bond purchases will be “sterilised” by operations to remove inflation risks. But Martin Siegel, manager of Westgold, a dealer of gold in Frankfurt, says people “are not as dumb as economists. They believe there is going to be inflation and are buying gold to protect themselves.”
   
  German investors are notoriously wary about inflation. While few are old enough to remember the hyperinflation that wrecked Germany during the Weimar Republic in the 1920s, the episode remains etched into the national psyche: archive film from the period has been running on the news in recent days.
   
  The appetite for coins has been so intense that shortages are developing. “In the European market there is a shortage of krugerrands,” says Mr Ziegler. As a result, the premium paid for krugerrands in the secondary market has risen from about 2 per cent to 6-8 per cent. 

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Japan The Sleeping Sovereign Debt Crisis Giant !

Source: BIS . Figures look conservative!

• In Asia, Japan is the country with the highest debt to GDP ration, well above 200%! The good news is that the debts are held mainly by their own citizens and corporations. However, the likelihood that they will be entirely be paid back is probably close to nil. The only way out is via money printing and inflation. Bryan Rich writes:
    
  So what’s next? One thing is for certain: The sovereign debt crisis will not stop in its tracks. With the rule book in Europe thrown out like last week’s fish, the euro is in devaluation mode and so is the debt of all euro members. When it’s all said and done, likely years from now, the euro may exist in name, but it will be composed of different members and different rules … i.e. a new currency with an old name.
   
  Now, the focus turns to the UK, the holder of the biggest budget deficit of the G-7 world and the most rapidly deteriorating debt load since the financial crisis of 2008 unraveled. But I’ve already warned about the UK as the next wobbly domino.
   
  Today, I want to go into more detail about the country that could prove to be the BIGGEST domino to fall … with a gigantic global quake.
   
  Japan, in Trouble …
  Take a look at the table above (top of post). Notice the aggressive growth of debt across nine advanced countries since the financial crisis and global recession set-in. Also notice which country holds the most government debt in the world. By far — it’s Japan.
    …..
  The Bank of International Settlements (BIS) said in a recent report on the growing debt problems,
   
  “As frightening as it is to consider public debt increasing to more than 100 percent of GDP, an even greater danger arises from a rapidly ageing population.”
   
  And within that statement are two of the three fundamentals in the Japanese economy that have it between a rock and a hard place, making a fix hard to imagine.
    
  Fundamental Problem #1— Declining Savings Rate
  As I showed you earlier, Japan is approaching 200 percent of GDP … double what the BIS considers frightening. Moreover the BIS projects, under its best case scenario, that debt could shoot up to more than 400 percent by 2040. So how will Japan finance it? Now, here’s where Japan runs into trouble …
   
  Japan has historically been a nation of savers. The savings rate in the 80s and early 90s had been steadily over 10 percent, higher than any other developed country. That has allowed the Japanese government to sell nearly all of its bonds to its citizens and institutions … to the tune of 94 percent of total outstanding public debt.
   
  But since the economy in Japan went into stagnation in the 90s and given that interest rates for 15 years have hovered around zero, the savings attitudes in Japan have shifted. In fact, the savings rate is now lower than in the U.S. — a nation considered grossly addicted to spending, not saving.

Source: Fed, Bloomberg

• Fundamental Problem #2— Declining Population
  While savings rates have been declining, so has the population in Japan, putting more pressure on the absolute quantity of savings. And it’s only expected to get worse. The projection for Japan’s population shows a big fall over the coming decades due to its ageing demographic. 

Source: National Institute of Population

• Fundamental Problem #3— Non-Competitive Interest Rates
  With debt expected to keep growing and revenues and savings expected to decline, Japan will have to turn to the international markets to find buyers of its debt to keep its economy breathing. But there’s a problem with that scenario: Japan’s interest rates don’t remotely match the risk!
   
  Japan’s 10-year debt pays just 1.3 percent. Apparently that was enough for loyal Japanese investors. But that won’t cut it for attracting international capital. Debt in other competitive advanced economies, like Europe and the U.S. are in the 3 percent to 4 percent range right now. So what’s Japan’s ticket out?
    
  A Currency and Debt Devaluation
  As I said last week, financial crises and sovereign debt crises typically go hand in hand. As do sovereign debt crises and currency devaluations.
   
  In a world where debt has grown dramatically across the globe and economies remain fragile and vulnerable, we’re entering a period where countries will begin competing to weaken their currencies. Europe is already underway by weakening the euro. The UK is likely next. And then, given the fundamental outlook I just laid out for you, Japan’s yen could be in for a huge plunge.
   
  As for the dollar, the U.S. faces all of the vulnerabilities from bloated debt and deficits. But in a world crisis, capital has to flow somewhere, and that will keep U.S. debt in demand … and the dollar too.

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MeltUp: The Beginning of US Currency Crisis and Hyperinflation!