Socio-Economics History Blog

Socio-Economics & History Commentary

Former White House Official Discusses Gold Manipulation!

Don't you see the Illuminist pyramid and Satanic capstone on your dollar bill?

Don’t you see the Illuminist pyramid and Satanic capstone on your dollar bill?

  • Former White House Official Discusses Gold Manipulation! 
    by www.kingworldnews.com
    Today King World News interviewed the former Special Assistant to the President of the United States for Economic Policy and former member of the U.S. President’s Working Group on Financial Markets.  While in the White House, Dr. Philipa “Pippa” Malmgren was responsible for all financial market issues for the President and was in charge of liaison between the White House and the Federal Reserve. 
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    Dr. Malmgren formerly headed the Global Asset Management business for Bankers Trust in Asia, out of Hong Kong, and was also Chief Currency Strategist for Bankers Trust Company, and former Head of Global Investment Strategy at UBS.  Dr. Malmgren was also a senior consultant to Deutsche Bank, and currently advises the largest sovereign wealth funds, hedge funds, and pension funds in the world.
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    Eric King:  “What caused or who caused the crash in gold?”
    Dr. Malmgren:  “It is true that governments hate it when gold starts going through the roof, especially when they are in the midst of the largest devaluation, currency debasement strategy ever known….
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    read more!

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June 8, 2013 Posted by | Economics | , , , , , , , , , | Leave a Comment

There Is A Tremendous Shortage Of Physical Gold Out There!

Consumers cram in a gold jewellery shop in Nanjing, capital of east China's Jiangsu Province, April 18, 2013. Gold jewellery shops through China have lowered price of gold jewellery due to the consecutive decline of gold price global markets recently, which boost sales in these shops. (Xinhua)

Consumers cram in a gold jewellery shop in Nanjing, capital of east China’s Jiangsu Province, April 18, 2013. Gold jewellery shops through China have lowered price of gold jewellery due to the consecutive decline of gold price global markets recently, which boost sales in these shops. (Xinhua)

  • There Is A Tremendous Shortage Of Physical Gold Out There! 
    by www.kingworldnews.com
    Today a legend in the business told King World News that right now there is a tremendous shortage of physical gold.  Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about what is really taking place behind the scenes during this gold raid.  Below is what Barron had to say in this powerful interview.
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    Barron:  “The gold price got hammered, down over $30 today.  Quite often the powers that be decide they are going to take it down on Friday.  The excuse this time is that Non-Farm Payrolls are up, so the job situation is looking better in the US.
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    We seem to be rotating from one bearish gold news story in the mainstream media to another, with comments from the Fed and people asking, is there going to be continued QE?  There is all of this noise on almost a half hourly basis which is moving the gold market.  But demand for physical gold is still incredibly strong and when gold plunges $32 in one day, a lot of people do view this as a buying opportunity.  I certainly do. 
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    When gold was taken down roughly $200 on a Friday and Monday, and we saw massive movements of gold out of GLD, the interpretation by CNBC and the usual suspects was that everyone was getting out of gold….
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    read more!

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June 8, 2013 Posted by | Economics | , , , , , , , , , | Leave a Comment

Financial Insider: “We Are Moving Into the Last Stages Before An All Out Collapse”!

  • Financial Insider: “We Are Moving Into the Last Stages Before An All Out Collapse”! 
    by Mac Slavo,  June 7th, 2013, SHTFplan.com 
    With the United States having reached unprecedented levels of debt and no end in sight, Europe close to widespread destabilization, and Japan now having lost control of their bond market, it should be quite apparent that there is no turning back.
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    Governments around the world are doing everything in their power to maintain the perception that all is well. Despite their best efforts, however, the coming catastrophe cannot be stopped.
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    The following video and accompanying excerpt recorded on the Hagmann and Hagmann Report Nightly Radio Show features Steve Quayle and financial insider “V,” also known as the Guerrilla economist. This is critical knowledge and foresight into what is happening, what the triggers for the next collapse will be, and how the world’s elite plan on making their exits. You will never hear information like this from mainstream media sources until after the fact, if ever.
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    Be forearmed and forewarned, because as “V” notes, what’s coming will leave no one on this planet untouched. Video excerpt produced by The Daily Sheeple with permission from The Hagmann and Hagmann Report :
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    The collapse that’s going to occur here is going to be a trifecta of bonds, stocks and real estate combined.

    The Fed over here has ordered – and I want everybody to listen because this is insider information – the Fed has ordered the U.S. pension funds to begin to acquire U.S. debt. That is coming down the pike, it’s going to start happening, the states are going to start carrying it in order to fatten up their books… So, we are moving into the last stages before an all out collapse.
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    That’s exactly where we’re headed. Now the Rubicon has been crossed… the armies are surrounding the Capital itself.
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    We’re at a very critical juncture, and that’s what’s got me freaked out the most. The Japanese have lost control and they don’t know what to do at this point. .. They’re telling the public “don’t worry, everything’s ok.”

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    That is a signs, folks, that they are panicking. That is a sign that everything is not OK… that there is a great fear and trepidation that has begun. And when this thing goes bust, this is the trigger that’s going to bring this whole thing down.

    We’re on the last leg for this whole storybook. Unfortunately, it’s not going to be a storybook ending. So we’re in the last few pages of a chapter that’s been written about a hundred years ago, and it’s soon coming to an end.

     Now the question becomes, what exactly are they going to do? They’re going to bring this thing to a halt. They’re going to create economic turmoil and a crash. And then they’re going to sell the population on some sort of armed conflagration, some sort of a massive global war.
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    That is typically the playbook of the globalists. That is typically what we see, a pattern that is repeated often.


    A small scale controlled regional war is not going to fix the $1.5 Quadrillion derivative debt globally. A small scale regional war is not going to fix the massive levels of unemployment in America, in Europe, in Japan…
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    It’s not going to fix the economic problems that have festered in much of the western world and parts of the world that utilize a western style of banking. It’s not going to fix it this time.

    This time they’re going to drag everybody in. This time there’s not going to be anybody who’s going to be unaffected.

    Let me tell you right now. It is mathematically impossible to pull this back. It’s mathematically impossible. You cannot recall this.
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    Recorded May 24, 2013 (full interview here)

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June 8, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a Comment

Catherine Austin Fitts: Gold Going to More of a Sound Money System!

  • A Political Problem-Not an Economic Problem-Catherine Austin Fitts! 
    by Greg Hunter’s USAWatchdog.com 
    Investment banker Catherine Austin Fitts sums up the historic global financial problems by saying, “We have a group of people who have the power to act with impunity.  They are above the law.  They are centralizing and consolidating economic and political power.  We have a political problem.  We don’t have an economic problem.”  Fitts’ analysis shows, “We’ve been on a debt model, and now we’ve got to get the planet on an equity model. . . .You are going to do everything you can do to get people into equities.  Slamming precious metals down helps do that.”  But Fitts says that won’t stop the gold bull because China and the rest of the world are buying the yellow metal.  Fitts contends, “What that means is there is going to be a much more broad-based bull market in gold. . . I think it’s going to more of a sound money system, and gold is going to be a part of that.”  Not everybody wants to be brought into the so-called new world order.  Fitts predicts, “Remember, to come out with a one world currency, you need everybody.  There can be no leakage.  There can be no exceptions. The Russians are determined to be the stinker at the party is what I think.”  Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, founder of The Solari Report. 

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June 7, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a Comment

Max Keiser Predicted Dollar Collapse 10 Months Before!

June 7, 2013 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Leave a Comment

Dr. Paul Craig Roberts: The Dissolution of the West !

  • Published on May 31, 2013           
    From economic turmoil to social dissolution and cultural chaos, it can no longer be denied that the once-opulent West is on the brink of collapse. In his new book, respected economist and father of Reaganomics, Paul Craig Roberts, explores the roots of this crisis and where we are going from here. This is the GRTV Feature Interview with your host, James Corbett, and our special guest, Paul Craig Roberts.

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June 7, 2013 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , | Leave a Comment

Fund Managers Are Now Buying Gold With Their Own Money!

PerthMint_Kangaroo_gold-bullion

  • Fund Managers Are Now Buying Gold With Their Own Money! 
    by www.kingworldnews.com
    With the dollar moving solidly lower and gold and silver rebounding, today acclaimed money manager Stephen Leeb told King World News that more and more fund managers are telling him they are buying physical gold with their own money, not GLD, and they are storing it themselves or in a vault outside of the banking system.  Below is what Leeb had to say in this powerful interview.
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    Leeb:  “We have the US dollar down over 1% today and gold has reacted by moving firmly above the $1,400 level.  Silver is also moving higher.  I think the question now is how fast are the metals going to advance?  That will depend on a number of things, but one thing is certain and that is the selling is over.
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    Gold is going to be the single most important currency in the world going forward.  That’s the way it is headed.  One of the catalysts which may ignite the gold price would be if things erupt in the Middle-East.  If we move aggressively into Syria then you are talking about Russia, the US, Iran, etc….
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    read more!

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June 7, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a Comment

Swiss Refiner Delays Hit 5 Weeks On Massive Gold Demand !

Remember the Golden Rule: He who has the gold makes the rules!

Remember the Golden Rule: He who has the gold makes the rules!

  • Swiss Refiner Delays Hit 5 Weeks On Massive Gold Demand! 
    by www.kingworldnews.com
    Today Egon von Greyerz told King World News that delays from Swiss gold refiners have expanded to a stunning 5 weeks.  KWN readers need to remember that the Swiss refiners refine over 75% of the world’s gold supply.  Greyerz also discussed what is happening with gold demand in other key markets.  Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this remarkable interview. 
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    Greyerz:  “Eric, the world has no idea what’s going to hit it.  The majority of people today in the West are living in debt and have no assets to protect, but for the people with savings and wealth and for the managers of funds, they don’t realize that they have lost 60% to 80% in real terms over the last 13 years.
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    Not only has cash in the bank gone down by 80% in real terms, which is against gold, but so have stocks, housing, commercial property, and many other assets.  So people live under the false illusion that paper money is a true measure of their wealth.  As we know, nothing is further from the truth….
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    read more!
Feel free to wipe your ass with it!

Feel free to wipe your ass with it!

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June 7, 2013 Posted by | Economics | , , , , , , , , , , , , , , | Leave a Comment

Does China Plan To Back The Yuan With Gold And Make It The Primary Global Reserve Currency?

  • The feedback in the market is: Yes! The era of unbacked fiat currencies is coming to an end!
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  • Does China Plan To Back The Yuan With Gold And Make It The Primary Global Reserve Currency? 
    by Michael,
    http://theeconomiccollapseblog.com/
     

    What in the world is China up to?  Why are the Chinese hoarding so much gold?  Does China plan to back the yuan with gold and turn it into a global reserve currency?  Could it be possible that China actually intends for the yuan to eventually replace the U.S. dollar as the primary reserve currency of the planet?  Most people in the western world assume that China just wants a “seat at the table” and is content to let the United States run the show.  But that isn’t the case at all.  The truth is that China doesn’t just want to compete with the United States.  Rather, China actually plans to replace the United States as the dominant economic power on the planet.
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    In fact, China already accounts for more global trade than the United States does.  So what would happen one day if China announced that it was backing the yuan with gold and that it would no longer be using the U.S. dollar in international trade?  It would cause a financial shift so cataclysmic that it is hard to even imagine.  Most of those that write about the “death of the U.S. dollar” usually fail to point out that China is holding a lot of the cards as far as the fate of the dollar is concerned.  China owns about a trillion dollars of our debt, China is the second largest economy on the planet, and nobody uses the dollar in international trade more than China does except for the United States.  Up until now, China has had to use the U.S. dollar in international trade because there has not been an attractive alternative.  But a gold-backed yuan would change all of that very rapidly.
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    And without a doubt, the Chinese government has already been very busy promoting the use of the yuan in international trade.  In a recent note, John McCormick of RBS Group stated the following…
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    Financial crises in the US and Europe mean the world needs a new, more stable global reserve currency, and trade in RMB is growing rapidly. In the FX market, for example, our figures show that volumes are now worth around USD 5-6 billion daily – double what they were a year ago. A number of factors suggest that the Chinese authorities want to make RMB internationalisation happen by 2015.
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    For China, having a global reserve currency is not just about economics.  It is also about power. McCormick ended his recent note this way…
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    China’s new leadership faces a number of problems. The country’s economy is slowing and, although we would expect the rate of GDP growth to pick up a little, it is unlikely to be a steep rebound.
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    But promoting RMB as a global reserve currency, with all the economic benefits that will bring in addition to exerting more political influence on the global stage, clearly remains high on their agenda.
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    Similar sentiments were echoed in a recent article in the Wall Street Journal
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    read more!

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June 6, 2013 Posted by | Economics | , , , , | 3 Comments

Fleckenstein: Gold Will Be Damn Explosive To The Upside!

Saturn_V_rocket_Vector_100_by_rogelead

  • Fleckenstein – Gold Will Be Damn Explosive To The Upside! 
    by www.kingworldnews.com
    Today Bill Fleckenstein spoke with King World News about the most exciting investing opportunity that he has ever seen in his career as he gave KWN his most powerful interview ever.  Fleckenstein also spoke about the “explosive” situation in the gold market.  Below is what Fleckenstein, who is President of Fleckenstein Capital, had to say in this extraordinary and exclusive interview.
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    Fleckenstein:  “Probably anyone who listens to your wonderful interviews already understands that money printing can’t solve anything … Most recently the housing bubble led to the collapse in 2008/2009, and now we’ve got QE of Biblical proportions being foisted upon us by the Fed, BOJ (Bank of Japan), Swiss National Bank, and probably the BOE (Bank of England) soon, etc.
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    The irony of it all is that 5 years into zero rates, and America alone (with) $5 or $6 trillion of deficit spending, the economy is still crummy.  No one ever says, ‘Why is that?’  Well, the reason is because money printing doesn’t work.”
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    Eric King:  “When you said earlier, ‘revaluation of precious metals,’ Bill, as you know we had a 25-fold move in gold, 38-gold move in silver in the 1970s.  The sentiment right now is about as bad as I can remember it in the last 12 years.”
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    Fleckenstein:  “Yeah.  I think this is probably the most exciting opportunity that I maybe have ever seen.  You know 1982 in stocks was pretty damn exciting I’ve got to say.  1984 in bonds was pretty exciting.  God, you just couldn’t lose, right?….
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    read more!

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June 6, 2013 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a Comment

Fleckenstein: We Are Staring At Economic Collapse! A Revaluation of Precious Metals?

US_Economic_Collapse

  • Fleckenstein – We Are Staring At Economic Collapse! 
    by www.kingworldnews.com
    Today Bill Fleckenstein gave his most powerful interview ever as he warned King World News that we are now going into a depression, or we will have massive inflation.  Fleckenstein also warned that either way this will end in a financial disaster that will be worse than what the world witnessed in 2008.  Below is what Fleckenstein, who is President of Fleckenstein Capital, had to say in this powerful and exclusive interview.
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    Eric King:  “You are saying we are either going to tumble into a depression here, or have some kind of serious inflation.”
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    Fleckenstein:  “That’s been the dilemma ever since the stock bubble burst.  We would have had something close to a depression in the wake of the financial crisis, but they pursued this policy (of reckless money printing).
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    They are terrified of what will happen.  They are talking about preventing deflation.  It’s just such nonsense.  When they are printing all of this money we can’t have deflation.  But show me one consumer that wouldn’t like deflation.  Wouldn’t we all like to have the price of all the stuff we buy decline?  Hell yes we would.
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    What these idiots mean is, they are talking about an economic collapse.  They use ‘deflation’ as the watch word to say, ‘We need to prevent economic collapse.’….
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    read more!

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June 6, 2013 Posted by | Economics | , , , , , , , , , , , , , , | Leave a Comment

SGTreport UNBOUND: 9/11 Bond Fraud, COT & CFTC Fraud, Gold & Silver Fraud !

  • Published on Jun  5, 2013           
    Today we talk with Rob Kirby about the false narratives coming from the U.S. government and fascist mockingbird media.  How can average Americans break their conditioning when they can barely tie their shoes or tell you the name of the Governor of their own state?  9/11 Bond fraud, the questionable COT report, the CFTC fraud and the endless  gold and silver fraud by way of paper and leasing – we cover it all. Thanks for listening.

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June 6, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a Comment

Dr. Paul Craig Roberts on Gold and Gangster Capitalism!

  • Dr. Paul Craig Roberts on gold and gangster capitalism! 
    by
    http://www.goldmoney.com/
     

    Episode 129: Andy Duncan has the pleasure to interview former Assistant Secretary of the Treasury, Dr. Paul Craig Roberts.
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    Andy gets straight to it and asks Dr. Roberts about his view on a manipulated price of gold.  Dr. Roberts elaborates on how he sees what has occurred since early April, whom was behind it and the reasons why.
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    Dr. Roberts sees inherent problems with the US dollar system and expresses grave concerns about the systematic fragility due to excess money printing around the world.
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    Next Andy poses a question as to what could be done to get things back on track utilising the US political system, which allows Dr. Roberts to express his concerns with the current state of the nation before answering an interesting question regarding his recent book “The Failure of Laissez Faire Capitalism and Economic Dissolution of the West“.
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    Dr. Roberts poses some important questions about libertarian ideals versus human nature before offering some advice for listeners regarding the future.
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    This podcast was recorded on the 3rd of June 2013.

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June 6, 2013 Posted by | Economics | , , , , , , , , , , , , | Leave a Comment

Jim Willie: USTBond – Return to Sender! Coming US Treasury Bond Market Collapse!

FedBlowsUpBondMarket_in_2015

  • Jim Willie: USTBond - Return to Sender! 
    by Jim Willie, GoldenJackass.com,  via
    http://silverdoctors.com/
     

    The USTreasury Bond is the primary vehicle for the USDollar. Nations do not hold the USDollar in raw currency form, except for the crime syndicates. They hold them in USTBond form, in order to gather some interest income. In the last few years, not few months, but years, the interest has been next to nothing, and surely far less than what it should be, given the risk and the nasty undermine to value by the monetary action by the central bank itself. Paltry interest aside, with all its unfortunate deterrent toward investment in USGovt debt, the USFed has been kicking out the value pillars for a very long time, far longer than the limit imposed loosely by Sir Alan Greenspasm of six to eight months. With the cost of money near zero, all markets are distorted, all assets improperly priced, and Gold marked for illicit ambush on a regular basis by the fascists.
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    Major broad deep channels are being constructed to redeem and discharge USTreasury Bonds. They will be returned to sender. The USFed will be put under tremendous strain to absorb and soak up the supply being dumped around the world in all these major channels. The USFed balance sheet will expand, not contract, or else they will face a catastrophe in a USTBond explosion and Interest Rate Swap derivative nuclear event.
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    The USFed has no exit available, as all doors are shut, none an option. In the process, the Gold price will rise relentlessly, while its nemesis the USTBond is dumped as a discredited bride, a vixen of unimaginable betrayal. The USGovt never had any intention of redeeming the bonded debt. Gold will prevail, as the channels fill. The Rubin Doctrine has run out of time.

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    read more!

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June 5, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a Comment

Gerald Celente: U.S. Wars Pave Way for Chinese Business!

June 5, 2013 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment

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