- See also: http://bobchapman.blogspot.com/
- The amount of sovereign debt carried by the US government is definitely above US$100T. The idea that you should flee the Euro into USD is laughable. I think more and more people are getting it. This is why gold is making new highs in Euro and UKP despite a stronger USD!
- There is simply no way these sovereign debts will be repaid except in greatly devalued fiat currencies. Japan, UK, Eurozone and US are all facing this sovereign debt problem. What will happen in the coming 1-2 years is a global monetary crisis leading to hyperinflation and economic/financial collapse. Gold and silver will rocket higher!
Walker: US Worse Off Financially Than Euro Nations!
By: Jeff Cox, CNBC.com Staff Writer
The US is spending $4 billion a day more than it is taking in, putting the country on an unsustainable fiscal path perpetuated by both Democrats and Republicans, according to David Walker, head of the Comeback America Initiative.Solving America’s problems will require a combination weighted toward spending reductions but one that also will require spreading the taxation burden around more evenly, said Walker, the former US comptroller general.“We’re not growing enough and we’re not going to grow our way out of this problem,” he said in a CNBC interview. “We would have to have double-digit real GDP growth for decades to grow our way out of this hole.”
Walker’s organization promotes fiscal stability and is warning that the US is trailing many other developed nations in terms of getting its fiscal policies in order. Comeback America is a conservative think tank funded mostly through a grant from the Peter G. Peterson Foundation, named for the founder the Blackstone Group private equity firm.
In fact, according to an index that Comeback America developed, the US is in worse shape from a fiscal standpoint than debt-plagued nations such as Italy or Spain, he said.
With the nation hitting its $14.294 trillion debt ceiling and in need of an extension, Congress is debating the proper mix of tax increases and spending cuts so that the US does not end up like weaker euro zone nations such as Greece, Spain and Portugal that are in danger of debt defaults.
Walker leans more towards the spending-cut side, but also sees inequities in the tax structure that must be corrected to help generate revenue.
… for the full article click here!
- 63+ years of genocide and ethnic cleansing of the Palestinian people by Zionist ’666′ Israel must stop immediately. These Zionists are the neo Nazis of the 21st century. They are mentally ill and have no empathy. Their minds have been brain-washed since birth by Holocaust – trauma based mind control. It is the standard technique of Zionist Illuminists: fear and hate, ‘Kill the goy, remember the Holocaust!’. The Holocaust has been greatly exaggerated for this cause.
- Zionist ’666′ Israel is an Illuminist construct, owned by generational Satanic Rothschild bloodline. It is simply a military outpost, a Rothschild fiefdom. It was created to fulfil the Satanic World War 3 Plan! The semitic Palestinians are in all likelihood the biological descendents of the 12 tribes of Israel ie.: real Jews!
DR. WILLIAM COOK: Nakba: A Remembrance
What silent communion this scene holds,
Of a life lived and one yet to unfold;
What forlorn love those encircling arms portend,
That would protect against the evils that descend
From unseen missiles yet to come with unlived years,
Where hopes and dreams dissolve into unforeseen fears
That falls like a funeral pall upon this child,
Who sits so quiet, so pensive, so mild
Beneath those crescent arms as they reach to shield
This innocent lost in this barren field.
What catastrophe is caught in this aged face,
What last years lost in silent disgrace,
What father is now absent from this scene,
What mother abandoned to a fate unseen?
How relive a life lost, what might have been?
How rekindle love in a world of sin?
How undo the infectious toxin of hate?
How understand the true terror of fate?
I share this tent of sorrow and of shame,
The darkness in the soul, the guilt and blame,
A seared image of suffering and pain–
The curse of Cain rises– once again.
William A. Cook is Professor of English at the University of La Verne in southern California. His most recent book, The Plight of the Palestinians: a Long History of Destruction is now available at Macmillan publishing or through Amazon and other book sellers. He can be reached at firstname.lastname@example.org or www.drwilliamacook.com
- See also:
Gideon Levy: Ethnic Cleansing of Palestinians, Or, Democratic Israel At Work?!
Israel Admits It Covertly Canceled Residency Status of 140,000 Palestinians!
The Jewish Genocide of 1.4+ Million Armenian Christians!
The Bolshevik Jews Behind The Deaths of 40+ Millions During The Communist Revolution!
YNET Israel News: Stalin’s Jews. We Mustn’t Forget That Some of Greatest Murderers of Modern Times Were Jewish!
Bolshevik Jews Plotted The Ukrainian Holocaust!
Mark Weber: The Jewish Role in the Bolshevik Revolution and Russia’s Early Soviet Regime! During Which 20+ Million Russians Died !
The 2002 Jenin Holocaust of Palestinians By Zionist ’666′ Israel !
Deir Yassin Remembered ! The 1948 Holocaust of Palestinians by Zionist ’666′ Israel !
Jewish Historian Ilan Pappe: History of Zionism – Genocide And Ethnic Cleansing of Palestine!
Jewish Historian Teddy Katz: 1948 Tantura Massacre of Palestinians! Genocide And Ethnic Cleansing!
Zionist ’666′ Israeli Apartheid and The Nakba!
Forget Deir Yassin: Its Victims Were “Unworthy”! The Holocaust of Palestinians by Zionist ’666′ Israel !
Holocaustianity: Zionism’s Big Lie!
Repost: Holocaust, Hate Speech & Were the Germans so Stupid?
Bolshevik Jews Plotted The Ukrainian Holocaust!
Jack Bernstein: The Life of an American Jew in Racist Marxist Israel !
Peace, Propaganda & The Promised Land ! US Media And The Israeli-Palestinian Conflict!
’666′ Star of David, Satanic Curse / Hex(agram) On Humanity! Occult Symbol.
- Zionist ’666′ Israel is a Satanic counterfeit. Ashkenazi Khazars (80%-90% of modern Jewry) are not the Jews of the Bible! They were never the chosen race and their ancestors were never in Palestine! What these Zionists do to the Palestinians is called: genocide and ethnic cleansing! See also: The Zionist Story! Genocide And Ethnic Cleansing of Palestine! Through The Eyes of An Ex-Israeli Soldier!
1980 Jewish Almanac
“Strictly speaking it is incorrect to call an ancient Israelite a ‘Jew’ or to call a contemporary Jew an Israelite or a Hebrew.”
(1980 Jewish Almanac, p. 3)
The Jewish Encyclopedia:
“Khazars, a non-Semitic, Asiatic, Mongolian tribal nation who emigrated into Eastern Europe about the first century, who were converted as an entire nation to Judaism in the seventh century by the expanding Russian nation which absorbed the entire Khazar population, and who account for the presence in Eastern Europe of the great numbers of Yiddish-speaking Jews in Russia, Poland, Lithuania, Galatia, Besserabia and Rumania.”
The American Peoples Encyclopedia
… for 1954 at 15-292 records the following in reference to the Khazars: “In the year 740 A.D. the Khazars were officially converted to Judaism. A century later they were crushed by the incoming Slavic-speaking people and were scattered over central Europe where they were known as Jews.
“You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.”
“Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.”
‘And if a stranger dwells with you in your land, you shall not mistreat him.’
The stranger who dwells among you shall be to you as one born among you, and you shall love him as yourself; for you were strangers in the land of Egypt: I am the LORD your God.
‘When you reap the harvest of your land, you shall not wholly reap the corners of your field when you reap, nor shall you gather any gleaning from your harvest. You shall leave them for the poor and for the stranger: I am the LORD your God.’
You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.
22 It shall be that you will divide it by lot as an inheritance for yourselves, and for the strangers who dwell among you and who bear children among you. They shall be to you as native-born among the children of Israel; they shall have an inheritance with you among the tribes of Israel. 23 And it shall be that in whatever tribe the stranger dwells, there you shall give him his inheritance,” says the Lord GOD.
- The so-called Star of David is a Satanic symbol. Satanists and occult practitioners use it for calling Satan and demons!
Former Satanist, Bill Schnoebelen (now born again Christian)
“A hexagram must be present to call forth a demon” and ” it is a very powerful tool to invoke Satan”.
“To the sorcerer, the hexagram is a powerful tool to invoke Satan.” In fact, the word “hex” — as to put a “hex” or “curse” on people — comes from this word.
If you examine the so-called “Star of David,” or hexagram, closely, you will discover something astonishing. It has six points, forms six equilateral triangles, and in its interior forms a six sided hexagon — thus it reveals the number of Satan’ antichrist beast, — 6 points, 6 triangles, and the 6 sides of the hexagram — 666 !!!
- The Chinese and Indians have insatiable appetite for gold. Inflation is a major problem for them. Both countries have a long history of gold (and silver) as -money. It is ingrained in their culture that gold/silver is real money!
China’s Gold Demand Overtakes Developed World !
By Frank Holmes,CEO and Chief Investment Officer, U.S. Global Investors
…A slight pullback in prices during the middle of the quarter and “persistent high inflation levels” pushed China into the position as the world’s largest market for gold investment. Chinese citizens devoured nearly 91 tons of gold bars and coins, more than double the amount of a year ago.
This isn’t exactly a new phenomenon in China. From 2007 to 2010, investment demand grew at a compounded annual growth rate of 68 percent, according to the CPM Group. The firm forecasted Chinese investment demand to increase 34.7 percent during 2011 but based on this new data, it may need to adjust its forecast.
Song Qing, director of Shanghai-based Lion Fund Management, told Bloomberg news that, “Gold has taken on a new role in China amid concern about inflation…Just imagine the total wealth in China and even a small percentage of that choosing to buy gold. This demand is going to be enormous.”
The “Love Trade” was also in full swing during the first quarter. Led by India and China, jewelry demand rose 7 percent on a year-over-year basis. Combined, the countries accounted for roughly 67 percent of world total jewelry demand. For the first time, the demand for gold in China was so strong during the first quarter it outpaced the combined total of the developed West. If you lump together the gold demand of the U.S., France, Germany, Italy, Switzerland, the U.K. and other European countries, the sum of these countries is still outpaced by China. That’s despite triple-digit increases in demand from France, Germany and Switzerland.
…in 2001, the government lifted its final controls on the gold market, igniting one of the greatest booms in gold demand history. From 2001 to 2010, China’s annual consumption of gold grew at a 7.5 percent compounded annual growth rate.
This chart shows how China’s demand for gold jewelry has increased from just over 500,000 ounces in the late 1980s to over 12 million ounces at the end of 2010, in spite of gold going from $200 to 1,000 and now $1,500 an ounce.
James Turk: Gold To Have a Staggering Up-Move This Summer! Embry: Silver Market Extraordinarily Tight, Look For US$125!
- Gold and silver are consolidating and will make record highs soon! Do not be afraid, be patient. QE3 by whatever name will happen. The FedRes may play a game of ‘stopping’ QE, allow the economy, stock market to collapse and thereafter use it as a reason for QE3. Just another Problem, Reaction and Pre-Planned Solution Hegelian Dialectic. The fact that gold is making new highs in Euro and UKP tells us that there is huge demand for gold. Central banks are quietly accumulating gold and fleeing the USD! www.KingWorldNews.com, click on links in brown for full article.
James Turk – Gold to Have a Staggering Up-Move This Summer
… I think we have to be prepared for tremendous volatility and the possibility that this summer could be a repeat of 1982 where gold took off to the upside in a major way. Gold became the go to asset in the summer of ’82 that everyone wanted to own. The extraordinary rally in the summer of 1982 began in the second week of June and by the first week of September gold has risen
50%. That’s a 50% move in less than three months!
Embry – Silver Market Extraordinarily Tight, Look for $125
… “As far as what we look at, my partner Eric Sprott, he thinks the market is extraordinarily tight. I think one thing people are underestimating is the investment demand. This is being triggered by the high gold price which is driving the little guy into silver for the simple reason that he can’t handle how much it costs to get an exposure in gold, so he buys silver. … Well let’s say gold goes to $2,500 which I don’t think is an outrageous statement in the face of what is going on, and the gold silver ratio falls to 20 to 1, well that puts silver at $125..
- Albert Pike, Satanic World War 3 Plan (emphasis mine)
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other.
Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…
We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.
Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view.
This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.” 4