2011 January 26 « Socio-Economics History Blog

Bob Chapman: Silver Will Go Over US$100/oz Despite The Manipulation!

January 26, 2011 Posted by mosesman | Economics | Bailout, Bankruptcy, Collapse, Currency, Devaluation, Eurozone, FederalReserve, Gold, GreatDepression, Hyper-inflation, Meltdown, Silver, Unemployment, US | 1 Comment

Brace Yourself: Peter Schiff Predicts U.S. “Inflationary Nightmare”, Made in China!

Peter Schiff is correct. Most of the price inflation is caused by the FedRes’ money printing!

Brace Yourself: Peter Schiff Predicts U.S. “Inflationary Nightmare”, Made in China
Rising food and commodity prices have the world on edge.Food prices are up 25% around the globe. Oil is nearing $100-a-barrel. Steel prices are expected to jump 66% this year. And, gold, well, that’s been on a tear for more a decade. To fight inflationary fears, central banks around the world, with the notable exception of the U.S. Federal Reserve, have raised interest rates or suggested they might.

The European Central Bank signaled it could raise interest rates this year to quell inflationary pressure in the euro zone. Last week Brazil’s central bank raised interest rates half a percent. As for China, the country raised its rates twice in 2010 and is expected to do so again very soon.

Peter Schiff, President of Euro Pacific Capital has been sounding alarm bells on impending inflation for quite sometime. Now that it’s finally here, he tells Aaron rising prices have got nothing to do with the conventional wisdom the government would like you to believe. From the weather, to speculators, to greedy corporations, inflation’s “got nothing to do with those factors” and everything to do with the money supply, says Schiff.

Inflation “is the consequence of what the government has done to try to stimulate the economy,” he says, referring to quantitative easing and stimulus spending. Basically, the Fed has had to print money in order to pay for this country’s huge deficits, which in turn has pushed up the price of just about everything priced in dollars, which remains the world’s reserve currency.

If the weather’s got nothing to do with it, what about the link between high economic growth and rising inflation? China’s GDP grew at 9.8% in the fourth-quarter of 2010 and the country is dealing with inflation of roughly 5 percent. Schiff doesn’t buy this argument either.

In fact, the opposite occurs, he says. “When economies are growing, they are growing their production, producing more goods and that puts downward pressure on prices.”

Brace Yourself
In the case of China, “the only way [it] can stop its inflation problem is to stop importing it from us, which means … they have to let their currency rise,” Schiff says. As resistant as the Chinese have been to doing this, Schiff believes that they are slowly, but surely, starting to realize their economy could benefit from a stronger currency – more purchasing power and a greater standard of living.

If that happens, “the U.S. had better brace itself,” says Schiff. “It will unleash an inflationary nightmare here in the United States.” “As the Chinese currency increases in strength, the dollar must decrease,” he explains. “And, so Americans [would] experience higher prices, falling purchasing power and a lower standard of living.”

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January 26, 2011 Posted by mosesman | Economics | Bankruptcy, China, Collapse, Currency, Devaluation, GreatDepression, Hyper-inflation, Meltdown, Unrest, US | 4 Comments

John Embry: Gold Should Hit $2000 This Year!

The bullion banksters have pulled out all the stops to smash gold and silver prices lower. It has gone somewhat lower than I expect. However, it does not look like a resounding success!

Harvey Organ: Huge Drop in comex gold open interest, huge deliveries on silver
..The open interest (in Comex gold) has fallen from a high of 611,000 contracts to a low of 498,000 on a drop of gold from 1420 to today’s 1332. Thus on a huge open interest contraction we lost only 88 dollars. A lot of work for our bankers with marginal effect!
….
In silver, we saw no liquidation. If the long holders here are sovereign wealth funds, then they are also in strong hands and quite capable of bringing down the usa financial system.
Gold and silver are going alot higher than most people think possible.

Gold should hit $2000 this year – John Embry
Sprott Asset Management’s Chief Investment strategist likes gold but prefers silver and is very positive on gold stocks
…
JOHN EMBRY: It’s an excellent question because as you know there’s a lot of controversy about what is unfolding. It will probably hold together to the extent that there’s just so much stimulus being applied to it, both monetarily and fiscally – these deficits are ginormous and interest rates – they’re still zero based. The inflation is becoming rampant in a number of key commodities and when this feeds through to the consumer chain, it’s going to really impact the public’s ability to consume – in the Western world in particular – that’s going to be a big negative going forward.

GEOFF CANDY: And of course looking at your latest note, you don’t see the end to the stimulus any time soon.
JOHN EMBRY: I don’t think that they can really put an end to it for the simple reason that the financial system is so fragile. If you really analyse the US banking system which I know to some degree, and you look inside the numbers – they’re marking a lot of their stuff to what I call ‘fantasy’ not the market, and then they got superimposed so that the massive quantities of derivatives in there and it seems to be that they just need more and more liquidity to make sure that the thing doesn’t bust. So yes, I love the expression ‘QE to infinity’ which was coined by my friend Jim Sinclair.

GEOFF CANDY: What does this mean for gold prices?
JOHN EMBRY: I couldn’t be more bullish actually, despite the rather slow start we’ve had to the year – this is typical. This is now the third year in a row that gold has been leaned on at the beginning of the year and gold shares have done very poorly at the outset only to recover smartly as the year has gone on. I see exactly the same thing unfolding this year – the fundamentals are impeccable. The price has clearly been suppressed here in the paper markets. The physical demand is on fire – both gold and silver in physical demand is terrific, particularly in the East where you see huge premiums opening up on the quoted prices and sentiment strangely enough, in the face of all this is really quite negative. A lot of people have been discouraged by the short term price action. I believe it’s another fabulous buying opportunity.

GEOFF CANDY: What do you make of the recent sell off we’ve seen in gold stocks, because there does to have been over the last month or so, quite a lot of selling pressure, particularly on some of the biggest stocks, and potentially moving into the likes of copper, for example?
JOHN EMBRY: I go back and I look at exactly what happened in January of 2009 and 2010 – we had the exact same thing – the gold stocks got clobbered for reasons that I couldn’t understand – there’s a lot of shorting activity – various sources to be quite honest – and I’m not the least bit worried. It’s a phenomenal opportunity – gold stocks are going to blow the roof off before this year is over.

GEOFF CANDY: Would you advocate anything in particular or at least the big ones over the small ones and vice versa.
JOHN EMBRY: The way I approach it is I sort of use an across the board – you have some large cap stocks in your portfolio because they won’t go up much but you need the stability of them. I don’t differentiate – I like GoldCorp, I like Gold Fields, I like Barrick – they’re all going to participate. Then you go down a level and you get into some of the mid cap producers and they will do very well because they’re way behind the big stocks in terms of pure valuation and then, without question, you’re going to get some major home runs in the exploration space. So to me an investor should be well exposed in all three areas – just to get that diversification.

GEOFF CANDY: Are you not concerned though that they are running quite high in terms of the cost of production, of getting the gold out of the ground itself, even though we’re seeing prices so high?
JOHN EMBRY: That’s an excellent point because that’s been something that has been missed by a lot of people. Costs have gone up a lot and their profits have been subdued because of that. I believe though that in the next move up in the gold price – and I’m not looking for a small move – I’m looking for at least $2,000 in this year – I don’t think the costs will run anywhere near that rate and that finally we’re going to see some major bottom line numbers for these guys and more than that, they will probably start paying fairly reasonable dividends in a world that’s really short of good income – that will be a major incentive to buy them.

GEOFF CANDY: Just to play devil’s advocate slightly – what do you make of people that say perhaps with gold prices where they are now with the likelihood that they are possibly going to continue upwards that they’re getting overbought ant that we might see a pullback or a correction in the next year or so?
JOHN EMBRY: I think that they’re wrong – very simply that what is the alternative – in a world in which you’re going to see all sorts of quantitative easing, anybody that owns a bond has to have his head examined and these things are just certificates of confiscation. Stocks: some stocks I like, other stocks I hate and real estate stinks in most markets – where are they going? Basically to protect yourself you’ve got to have some gold. Every once in a while I see a comment that really makes me laugh – there was a chap called Robin Griffiths over in your part of the world, at Cazenove Capital – he said, “I think not owning gold is a form of insanity – it may even show unhealthy masochistic tendencies that might need medical attention.” He then added that the dollar was headed for oblivion which I also happen to agree with, and he predicted that gold’s 10 year run would continue and even intensify and I totally agree. We haven’t seen – it’s been a very measured increase for the last 10 years. Its been no big blow offs and the blow off has never been a bull market particularly one of this like, that hasn’t ended in a massive blow off and this one will be one for the ages when the price explodes. Whether that happens in 2011 I’m not sure, but we’re getting closer to that date.

GEOFF CANDY: In terms of the difference between gold and silver, is there much in it at this stage – would you prefer one over the other.
JOHN EMBRY: I would prefer silver for the simple reason that all the silver that gets mined gets consumed and so consequently inventories in the world are very small and with silver now being seen as poor man’s gold and a huge investment interest now being reflected in silver, where is the silver going to come from. All it’s going to do is drive the price up – there’s a long term historical relationship between gold and silver prices and right now it’s about 48:1 in favour of gold – and it’s been as high as 80 or more. But in certain bull markets it’s been as low as 15. I believe we’re headed towards the lower region so if gold goes up, silver has got to go up to make that ratio come true a lot more, and I believe that will be the case.

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January 26, 2011 Posted by mosesman | Economics | Bailout, Bankruptcy, Collapse, Currency, Devaluation, Gold, Meltdown, Silver, US | Comments Off

Michael E. Salla: World Business Leaders Told Flying Saucers Are Real & Extraterrestrials Exist!

Graphic summary of GCF discussions by Sunni Brown reveals prominence of ET contact and new energy systems

The mass conditioning of the sheeple to UFO and Aliens are speeding up in earnest. The latest approach, is targeted at leaders, opinion makers of the world. The sheeple will believe whatever their trusted leaders tell them. They have been brought up naive and incapable of simple independent research and thought. They are like children obsess with their toys and cartoons: sports, fashion, soaps, food, pleasure ….etc.
The religious biblical view of Genesis 6 is always derided and given little air time! It is always painted in a negative light: ‘religious freaks’ and their mythological account. The sheeple are presented with mainly the good Alien-bad Alien view. They do not see that both views are false. These beings are fallen angels and their demon Nephilim children. They are not ETs.

World business leaders told flying saucers are real & extraterrestrials exist
At five thousand dollars a ticket, some business leaders got more than they bargained for when they attended the first day of the Global Competitiveness Forum (GCF) being held in Riyadh, Saudi Arabia. They were told flying saucers are real, and they better start thinking about the business implications of extraterrestrial life and technologies. Convened each year by the Saudi Arabian General Investment Authority, the GCF brings together business and political leaders to discuss ways of promoting business competitiveness. For the first time at its annual conference, the GCF held a panel discussing UFOs and extraterrestrial life. Titled “Learning from Outer Space” the panel comprised five speakers who all endorsed the view that extraterrestrial life is real, and has many implications for the world as we know it.

The panel was held on January 23, and was a “main plenary” session meaning all GCF participants were able to attend and hear what the experts had to say about UFOs and extraterrestrial life. Up to 1000 participants included business and political elites such as former British and Canadian Prime Ministers, Tony Blair and Jean Chretien; Jim Albaugh, President and CEO of Boeing; Andy Bird, chairman of Walt Disney International; Jared Cohen, Director of Google ideas, and many others. The advice they got was that the issue of extraterrestrial life is real, and they better start paying attention to the business implications. Here’s how the GCF summarized the panel presentations on its website:

Learning from Outer Space – Panel
The unconventional and highly relevant topic of extraterrestrial life forms was addressed by yesterday’s panel discussion “Contact: Learning from Outer Space”. Experts Zoaghloul El-Naggar, Stanton Friedman, Michio Kaku, Nick Pope and Jacques Vallee made compelling cases for the existence of living beings elsewhere in the galaxy, drawing upon empirical evidence, religious theology and logical reasoning.

Mr. Friedman opened his remarks with a bold statement, “Flying saucers are real!” and this summed up the perspective of the panel members. Mr. Pope explored the potential business implications of outer space, such as the profitability of alien branding or sponsorship.

While El-Naggar was also convinced of their existence, he raised the interesting point that it may not be ethical to spend resources trying to contact alien societies when we still face war and poverty in our own society.

Mr. Vallee encouraged more academics to analyze the evidence. However, on behalf of his successful Venture Capital fund, he said, “We are not ready to invest in this type of research, but we think that somebody should.”

The 2011 GCF conference panel on Outer Space has opened the door for world business leaders to seriously consider the implications of evidence concerning UFOs and extraterrestrial life. A graphic summarizing GCF discussions by artist, Sunni Brown (top right), reveals the prominence given to issues of extraterrestrial contact and the overwhelming changes new energies will bring to humanity. Business leaders are poised to do what political leaders have so far failed to do – proactively deal with compelling evidence that we are being visited by galactic civilizations who have advanced technologies to share with humanity.
2 Thessalonians 2:9-12 (New King James Version)
⁹ The coming of the lawless one is according to the working of Satan, with all power, signs, and lying wonders, ¹⁰ and with all unrighteous deception among those who perish, because they did not receive the love of the truth, that they might be saved. ¹¹ And for this reason God will send them strong delusion, that they should believe the lie, ¹² that they all may be condemned who did not believe the truth but had pleasure in unrighteousness.

‘Major deception of the last days… the (Satanic) priest told us … Master’s (Satan) Grand Plan for harvesting the nations/multitudes of the earth into his cause … Just before the close of the great controversy of the forces of good and evil … It is going to be done in a unique manner … people are going to eat this stuff … Spirits (demon spirits) will declare themselves to be inhabitants of far distant planets in the galaxies … coming to warn inhabitants of planet earth of the impending destruction of the planet … unless something is done to avoid it…’ Roger Morneau, Ex Satanist

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January 26, 2011 Posted by mosesman | EndTimes, Social Trends | Aliens, Illuminati, Nephilim, Satan, UFO | 3 Comments

Jesse Ventura Proves 9/11 Cover-Up, Will America’s Government Fall?

The official US government account is a fairy tale. No one who looks into the details believe the account! 9/11 was an inside job. It was done by the Anglo-American Illuminist shadow government. The execution was via CIA and Mossad. It was executed to support the coming Satanic World War 3 Plan: Zionist West vs Muslim World.
These Illuminist snakes use their Hegelian Dialectic of building up 2 opposing forces (Judeo-Christian world vs Muslim world) and then set them into conflict. Thesis, Anti-Thesis and Synthesis. Through conflict both Thesis and Anti-Thesis annihilate themselves, after which the snakes will introduce their pre-planned solution: Synthesis. This is their ’Order Out of Chaos’ genocidal madness!

VIDEO: Gov. Jesse Ventura Proves 9/11 Cover-Up, Will America’s Government Fall?
Former Vice President Cheney accused of engineering Pentagon attack; Donald Rumsfeld cited as possible accomplice
… TV host, Jesse Ventura, former Navy Seal, former Governor of Minnesota, on a one hour documentary on prime-time American television, makes an open and shut criminal case tying Cheney, Rumsfeld and officials throughout the US government with complicity in the planning, execution and subsequent cover-up of the 9/11 attack on the Pentagon. … Cheney faces possible charges, so many charges they can only be imagined, for planning the Pentagon attack on 9/11.

According to experts on 9/11, engineers, pilots, intelligence officers and members of our military, Jesse Ventura “hit the nail on the head.” Ventura, using evidence developed over 9 years by hundreds of individuals, outlines the utter impossibility of the government’s cover story on 9/11 and systematically debunks it using testimony and scientific evidence.

Ventura cites, in an interview with a 9/11 commissioner, a possible motive for the Pentagon attack being included with the attacks on the World Trade Center. $2,300,000,000,000, yes 2.3 trillion US dollars had disappeared, cited only the day before in a televised statement by Secretary Rumsfeld, money “gone missing” from the Pentagon’s accounting. The area of the Pentagon hit by a missile or destroyed by explosives or both contained all records of this missing money.

No Plane, no Way, not Even Close
Ventura proves, beyond any doubt that no airplane every hit the Pentagon. As the video shows, not even a highly trained airline pilot was capable of the maneuvers claimed. Long before, it had been proven that the 757 was incapable of the task, either the maneuvers or the speed and trajectory. The plane would have come apart, there is no disagreement with this and hasn’t been for some time, yet nothing had been done. Why?

It is also clearly shown that there is absolutely no evidence of any kind showing a plane hit the Pentagon, no wreckage, no bodies, no luggage. Items claimed to have been taken to Dover Air Force Base, bodies, plane parts, were never at the Pentagon as both video and testimony prove. There is also proof that the government threatened witnesses, telling them to support the “aircraft scenario.”

No Muslims, no Hijackers, no Box Cutters, All Proven Lies Finally
The basis for the conspiracy theory regarding Muslim hijackers with box cutters was based on supposed phone calls made by Barbara Olson, wife of Bush Solicitor General. Solicitor General Olson claimed he talked to his wife on a cell phone, spoke with her at length, while she described the hijackings as now dramatized by Hollywood. When it was proven that a cell phone is incapable of making such calls, Olson claimed it was a “seat back phone.” When it was proven that there were no seat back phones on American Airlines 757 aircraft, nothing further was asked.

Then investigations shows he received one call, lasting “0″ seconds. Ventura questions as to whether Olson was duped or complicit? Should he be arrested too? Was his wife, Barbara, ever really on the plane?

Then Ventura looks into the flight itself. Not only was the flight recorder “dead” but during the flight itself, the transponder was turned off. Even more suspicious, the plane disappeared from radar for 28 minutes.

There is no discussion of this 28 minutes, but speculation, perhaps no longer speculation, has long been that the flight landed. As to what happened then, we cannot guess, or can we. One of my friends, a former Pentagon official, had a friend on that aircraft. Not long ago, he asked me.

“Gordon, what do you think happened to him, do you think he was executed? Bullet in the brain as they stepped off the plane or something even worse?”

Ventura didn’t go there. None of us want to. It requires visualizing a scene out of Auschwitz. Can Americans be so brutal, so devious, so traitorous? It isn’t just Jesse Ventura that is willing to risk his life to bring it out, Fox News journalist Geraldo Rivera, several weeks ago, debunked the Building 7 collapse at the World Trade Center as “controlled demolition.”

9/11 Commission Duped, Admits There Was no Real Investigation at All
Commission video’s redacted to remove testimony by the Secretary of Transportation, transcripts altered, witnesses blocked, evidence, tons of evidence of government conspiracy withheld, this is the case against the government. Threats, intimidation, going on for years, this is proven. Were there more than threats, murders, “heart attacks” or threats against families? Ventura proves the Pentagon was a government conspiracy, he “names names.” Geraldo makes any other explanation for Building 7 other than “controlled demolition” pure insanity.

Ignoring Evidence, Proof of Dictatorship or Are Arrests Planned?
It isn’t as though the evidence presented by Governor Ventura and Geraldo Rivera or even the other stories, Judge Napolitano’s revelations of knowledge of the attacks as early as 1999, was new. All has been know, all highly credible and all systematically ignored, attacked by the press, suppressed by courts, officials at every level.

9/11 and the recent revelations aren’t proof of a conspiracy by 2 men, or Israel. It is proof that there never was an Al Qaeda and that the deaths, two wars, the 9/11 deaths and the carnage across the world wrought by the United States was part of a criminal conspiracy, one that could only be perpetrated by a dictatorship under the guise of representative democracy.

Everything we have seen, and millions around the world have watched, nobody can ignore it anymore, it all says that what has happened is something no American would allow, not if this still were America. Jesse Ventura proved something startling to most, suspected by some. He proved that, at some point in our past, 10 years, more, we don’t know, our government was overthrown.

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January 26, 2011 Posted by mosesman | GeoPolitics, History, Social Trends | 9/11, Fraud, Illuminati, New_World_Order, Terrorism, US, War | 3 Comments

Dr. Maurice Hillerman (World’s Leading Vaccine Expert) Confesses: Cancer & Other Viruses is Found in Vaccines!

Merck Vaccine Chief Brings HIV/AIDS to America?
AND THEY LAUGH ABOUT IT!!
Wake Up and Americans Unite against the lies that is told to destroy our children. Here is an interview that is very rare and will shock you. Hear how the vaccinations were started what they have in it all from the mouth of Dr. Maurice Hillerman admitting to massive field trials, and hiding the truth from the press book mark this and show it to all your friends. Do not let them brainwash you into making your self sick seek out the truth about the natural healing powers of good OREGANO OIL that can kill viruses and the common cold. visit http://www.armchairsurvivalist.com

Merck Vaccine Chief Brings HIV/AIDS to America?
This stunning censored interview conducted by medical historian Edward Shorter for WGBH public television (Boston) and Blackwell Science was cut from The Health Century due to its huge liability–the admission that Merck drug company vaccines have traditionally been injecting cancer viruses (SV40 and others) in people worldwide. This segment of In Lies We Trust: The CIA, Hollywood & Bioterrorism, produced and freely contributed by consumer protector and public health expert, Dr. Leonard Horowitz, features the world’s leading vaccine expert, Dr. Maurice Hilleman, who explains why Merck’s vaccines have spread AIDS, leukemia, and other horrific plagues worldwide. Please forward this clip (link) to everyone you know who thinks vaccines are “safe and effective.”

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January 26, 2011 Posted by mosesman | Medicine & Health | depopulation, Eugenics, Fraud, genocide, US, Vaccine | 1 Comment