John Whitehead: US Is A Police State!

All scams are based on deception and mis-direction! '666' is coming!

Peter Cooper: How Gold Could Reach US$13,644/oz And Silver US$853/oz!

click on image to goto Jim Sinclair's website!

• Maestro Mr. Gold, Jim Sinclair is of the opinion that gold will go above US$10,000/oz. Take heed.
  -
  How gold could reach $13,644 an ounce and silver $853
  By: Peter Cooper, Arabian Money 
  Doyen of the gold bugs Jim Sinclair has set readers of his popular website a challenge to come up with the price per ounce that gold will reach if the precious metal is fully monetized. He says the correct answer is $13,644.
  -
  Mr Sinclair explains his thinking: ‘Because gold is held by many central banks, once as a reserve currency but now as an inventory currency, it functions as a swing asset to balance the International Balance sheet of the US. Central banks are sellers of dollars but still hold, by default, large dollar inventories.
  -
  Chinese hedging
  ‘China has hedged its dollar position 50 per cent through commitments to long term dollar commercial agreements, pay in, mineral, and energy deals internationally. That is an act of pure genius. We can assume other central banks still hold 90 per cent of their reported dollar positions, on average unhedged by commercial obligation positions.
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  ‘In crisis times, the US dollar price of gold always seeks to balance the International Balance Sheet of the USA. Therefore, take 90 per cent of international US dollar debt less China and then add 50 per cent of the US debt owned by China. Then divide that number by the ounces supposed to be owned by the US Treasury. The result is where gold wants to go.’
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  Mr Sinclair says that when he did a similar calculation in 1974 that gave him a target of $900 for gold, which actually touched $850 in 1980. Will he be right again this time with $13,644 an ounce or will it be different?
  -
  Currency not commodity
  What  ArabianMoney likes about his approach, aside from being right before, is that it looks at gold from the point of view of an alternative currency, and not a quasi-industrial commodity. Silver should be looked at in the same light (click here). Platinum on the contrary is not and never will be a monetary metal.
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  You only have to ask why the Chinese authorities are stocking up on precious metals. This is an alternative currency to the faltering dollar, and euro for that
  matter.
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  For there is a crisis coming in paper or fiat money. The authorities have been issuing it by the bucketload to offset the global financial crisis. China is as guilty as the US and Europe with its incredible stimulus equal to half-a-year of GDP. It worked to the extent of unfreezing trade and credit and preventing a bigger
  deflation of assets.
  -
  But this nasty medicine has a painful side-effect: inflation and currency devaluation. Investors are always a bit slow to catch on but they are beginning to understand that holding currency of a fixed supply like gold and silver is the way to beat the crisis in paper money.
  -
  Gold rush
  Once the general public finally gets it there will be a mad rush into this asset class and a spike in prices to levels now thought completely impossible. That might indeed put gold at $13,644 an ounce, and with the long-term average
  gold-to-silver ratio back to 16 that would put silver at $853 an ounce, the old
  high for gold in 1980.
  -
  Who knows, of course, what inflation will be by then. Certainly $13,644 will not be worth the same as it is now. You might have $5,000 gold and $300 silver in real terms at today’s purchasing power.
  -
  Equally remarkably Mr Sinclair does not expect gold and silver to crash back down from these levels as the adjustment to a new gold and silver standard will be a permanent feature of the global monetary system. And if you look back at the 1970s gold never did return back to its fixed price of $35 at the start of that
  decade either.

end

Alex Jones: Criminality of War on Libya, Obama Deceived Nation in Speech!

Al-Jazeera Footage Captures ‘Western Troops on The Ground’ in Libya!

“Military men are dumb, stupid animals to be used as pawns for foreign policy.” ~ Henry Kissinger (Committee of 300?)

• The invasion of Libya has begun (many months back in fact). It has nothing to do with rescuing Libyan civilians from a genocidal Gaddafi. This is propaganda. It has to do with the oil and water resources. It has to do with world conquest by the Anglo-American Illuminist shadow government.
  -
  Al-Jazeera footage captures ‘western troops on the ground’ in Libya
  Julian Borger and Martin Chulov, guardian.co.uk      
  Five of Gaddafi’s generals are among latest defectors to rebels as South African president seeks to broker ceasefire.
  -
  Armed westerners have been filmed on the front line with rebels near Misrata in the first apparent confirmation that foreign special forces are playing an active role in the Libyan conflict.
  -
  A group of six westerners are clearly visible in a report by al-Jazeera from Dafniya, described as the westernmost point of the rebel lines west of the town of Misrata. Five of them were armed and wearing sand-coloured clothes, peaked caps, and cotton Arab scarves.
  -
  The sixth, apparently the most senior of the group, was carrying no visible weapon and wore a pink, short-sleeve shirt. He may be an intelligence officer. The group is seen talking to rebels and then quickly leaving on being spotted by the television crew.
  -
  The footage emerged as South Africa‘s president, Jacob Zuma, arrived in Tripoli in an attempt to broker a ceasefire. He described reports that he would ask Muammar Gaddafi to step down as “misleading”, and said he would instead focus on humanitarian measures and ways to implement a plan concocted by the African Union for Libya make a transition to democratic rule but not seek Gaddafi’s exile.
  -
  The westerners were seen by al-Jazeera on rebel lines late last week, days before British and French attack helicopters are due to join the Nato campaign. They are  likely to be deployed on the outskirts of Misrata, from where pro-Gaddafi forces continue to shell rebel positions to the east.
  -
  There have been numerous reports in the British press that SAS soldiers are acting as spotters in Libya to help Nato warplanes target pro-Gaddafi forces. In March, six special forces soldiers and two MI6 officers were detained by rebel fighters when they landed on an abortive mission to meet rebel leaders in Benghazi, in an embarrassing episode for the SAS.
  -
  The group was withdrawn soon afterwards and a new “liaison team” sent in its place. Asked for comment on Monday, a Ministry of Defence spokeswoman said: “We don’t have any forces out there.” The subject is sensitive as the UN security council resolution in March authorising the use of force in Libya specifically excludes “a foreign occupation force of any form on any part of Libyan territory”.

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ECB Draghi: Eurozone Crisis Risks ‘Systemic’ Fallout!

• When Spain falls all hell will break loose. Greece’s GDP is only US$300B compared to Spain’s US$1.4T (the 4th largest in Eurozone). Without a doubt Spain will default on its debts. It has unemployment above 20%! When will the Illuminists pull the plug? By end 2012 is my belief. Although, things may get totally out of hand and Financial Armageddon starts this summer!
  -
  Eurozone crisis risks ‘systemic’ fallout, says Draghi
  ROME (AFP) – The debt crisis in Greece, Ireland and Portugal could have “significant systemic effects” in the eurozone, Italy’s central bank chief Mario Draghi, who is set to head up the European Central Bank, said on Tuesday.
  -
  “In the eurozone, the sovereign debt crisis in three countries, which together represent six percent of the area’s GDP, has the potential to exert significant systemic effects,” Draghi said at a central bank conference.
  -
  “European economic and monetary union is facing its most difficult test since it was created,” added Draghi, referring to Greece, Ireland and Portugal which have agreed bailout packages worth tens of billions of euros (dollars).
  -
  “European surveillance over national budget policies, which was weakened in the middle of the last decade on the initiative of the three biggest countries, showed itself wanting just when it was most essential,” he said. Had the European stability pact rules been respected to the letter, the ratio of public debt to gross domestic product on the eve of the crisis would have been 10 percentage points less in the eurozone, he said. “There are no shortcuts,” warned Draghi, calling on governments to rein in public finances.
  -
  “Financial support from other governments in the eurozone is needed for countries to proceed with corrections while being sheltered from the volatility on the markets. It is not a fiscal transfer between countries,” he said.
  -
  Draghi said it was up to the ECB to “ensure price stability in the medium term”. “Neither sovereign risks nor the pathological dependence of some banks on ECB financing can deflect from this task,” he added.
  -
  A former economics professor and Goldman Sachs investment banker who has been overseeing a series of global financial reforms, Draghi has been anointed as the next European Central Bank chief to take over from Jean-Claude Trichet.

end

HSBC: China To Settle Most Trade in Yuan By 2015!

Chinese Yuan or RenMinBi

• The world is rapidly doing away with the USD for international trade settlement. The only hold out is the petrodollar oil trade. Middle East oil nations (with the exception of Iran) dare not abandon the USD for oil trade. They know abandoning it will result in war and the Anglo-American empire!
  -
  HSBC: China to settle most trade in yuan by 2015
  By Jean Yung
  SHANGHAI -(MarketWatch)- More than half of China’s trade, or about $2 trillion, is expected to be settled in yuan by 2015, according to Montgomery Ho, head of commercial banking at HSBC China. Ho’s comment comes as a HSBC survey of its commercial banking customers in mainland China revealed domestic businesses are eager to start settling trades in yuan.
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  Nearly eight in 10 companies in mainland China that have yet to use the yuan to settle cross-border trades are planning to use it some time in the future, according to the survey released Sunday. About 45% of the 1,300 companies surveyed said they plan to settle some trades in yuan in the next year, while 33% said they would consider using the yuan depending on pricing or services offered by banks. The remaining 22% of businesses said they have no plans to switch to yuan.
  -
  Businesses said the major obstacle to switching to settling in yuan is its acceptability outside of China. Overseas firms find it difficult to secure yuan to pay for goods and have too few channels to use the yuan they receive as payment, the survey found. A lack of support from banks and knowledge about the yuan also pose problems.
  -
  Of the companies who have started using the yuan for trade settlement, 49% said they do so to hedge foreign exchange risk, while 44% said the yuan’s long-term appreciation was the reason, the survey showed.
  -
  A small but growing volume of the country’s foreign trade is now denominated in yuan as China promotes the use of its currency internationally. China began to allow the yuan’s use for cross-border trade on a trial basis in 2009, and the program is expected to be rolled out nationwide this year.
  -
  Chinese banks handled CNY360.3 billion in cross-border yuan-based trade in the first quarter, accounting for about 7% of total foreign trade. Last year, China recorded just CNY506.3 billion in yuan trade settlements, or 5.7% of foreign trade.

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Zionist ’666′ Israel’s Genocide And Ethnic Cleansing of Palestinians!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

Freedom for Palestine – OneWorld !

• 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!
  Jenin Massacre
  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.
  .
  Exodus 22:21
  “You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.”
  Exodus 23:9
  “Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.”
  Leviticus 19:33
  ‘And if a stranger dwells with you in your land, you shall not mistreat him.’
  Leviticus 19:34
  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.
  Leviticus 23:22
  ‘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.’
  Leviticus 24:22
  You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.
  Ezekiel 47:22-23
  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 !!!

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

end

‘NATO Desperate, Sinking Deeper in Libya War Swamp’!

General Hamid Gul: US Will Start WW3 If War Expands To Pakistan!

Congress Mulls Cuts To Food Stamps Program Amid Record Number of Recipients!

• No money to help the poor and hungry but gobs of cash for wars and more wars! This is intentional. The Illuminists want to foment chaos, uprisings, famine, disasters, wars …. throughout the world.
  -
  Congress Mulls Cuts To Food Stamps Program Amid Record Number of Recipients!
  ABC News’ Huma Khan reports: Congress is under pressure to cut the rapidly rising costs of the federal government’s food stamps program at a time when a record number of Americans are relying on it.
  -
  The House Appropriations Committee today will review the fiscal year 2012 appropriations bill for the Department of Agriculture that includes $71 billion for the agency’s “Supplemental Nutrition Assistance Program.” That’s $2 billion less than what President Obama requested but a 9 percent increase from 2011, which, critics say, is too large given the sizeable budget deficit.
  -
  A record number of Americans — about 14 percent — now rely on the federal government’s food stamps program and its rapid expansion in recent years has become a politically explosive topic.
  -
  More than 44.5 million Americans received SNAP benefits in March, an 11 percent increase from one year ago and nearly 61 percent higher than the same time four years ago. Nearly 21 million households are reliant on food stamps.
  -
  Opponents of the program argue that money from the food stamps budget — with what they call its increasingly lax requirements — needs to be shifted to other programs such as education and child nutrition. The program’s supporters argue that at a time of economic decline, such welfare programs are even more important to try to keep Americans from spiraling into poverty.
  -
  The cost of the food stamps program has increased rapidly since it was established by Congress in 1964. It cost taxpayers more than $68 billion last year, double the amount in 2007.
  -
  Nutrition assistance now accounts for more than half — or about 67 percent — of the USDA’s budget, compared with 26 percent in 1980. That shift in focus, critics say, is ineffective because it hasn’t put a dent in poverty or hunger in the United States while taking away money from other programs, specifically agricultural programs that should be the main focus of the agency.
  -
  Even “at a time of prosperity, we have increased the amount of money we are spending for people to buy food,” said Harold Brown, an agriculture scientist and adjunct scholar at the Georgia Public Policy Foundation. “The appropriation of money by Congress has never solved poverty or the resulting problems of poverty. When President Johnson declared war on poverty a half century ago nearly, we thought we saw the end of it as far as food and nutrition goes. For the Department of Agriculture, we only saw the beginning.”
  -
  The Republicans’ 2012 budget plan proposes changing SNAP from an entitlement to a block-grant program that would be tailored for each individual state, much like their proposal for Medicaid. States would no longer receive open-ended subsidies and the aid would be contingent on work or job training. It would also limit funding for the program.
  -
  The president’s 2012 budget, however, goes in a completely opposite direction. It aims to make requirements less stringent by temporarily suspending for one year the time limit for certain age groups without dependents. The president also suggested restoring benefit cuts that were included in the Child Nutrition Reauthorization bill last year.

44.587 million in March 2011 and rising!

end