A New Global Currency, the Rise of the East and Peak Oil !
- A new global currency; the rise of the East; and peak oil !
by http://www.goldmoney.com/
Episode 126: Alasdair Macleod interviews Erik Townsend – a specialist on “peak oil investing” and a contributor to the popular Financial Sense website.
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Erik sees short-term strength in the dollar due to capital flight out of other markets. But long term, America’s problems will mount, and the country will need to address serious issues. This could result in the relatively-peaceful emergence of a new global currency system, but whether the central planners could avoid an inflationary collapse prior to such an event is questionable.
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Both men muse on the reactions to the latest Fed comments, and how quickly markets react to perceptions of the stimulus “punch bowl” being withdrawn. Erik sees a gradual long-term movement of wealth from West to East. The power games that surround this historical dynamic will affect the commodities market in intriguing ways. The duo finish off with discussion of the energy section – one of Erik’s speciality subjects.
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This podcast was recorded on 23 May 2013.
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Calm Down: You Are More Likely to Be Killed By Mundane Things than Terrorism!
- The Global War on Terror (GWOT) is an Illuminist psyop HOAX! It is to drive the world via their Clash of Civilizations (Samuel Huntington) psyop to their Satanic World War 3. The endgame is their Luciferian New World Order, Global Supra-National Central Bank, One World Currency backed by gold –> ’666′!
- - Ask yourself this: why all the paranoia and fear when terrorism kills far fewer people than heart disease, cancer, car accidents …etc? By selling fear, using the strategy of tension, the Illuminists are taking away the individual liberties, rights, constitution .. of the sheeple and implementing their Global Surveillance, Militarized-Police State –> ’666′! Do not be taken for a ride by these Illuminist social engineers!!
- - Calm Down: You Are More Likely to Be Killed By Mundane Things than Terrorism!
by http://www.washingtonsblog.com/
You’re More Likely to Die from Brain-Eating Parasites, Alcoholism, Obesity, Medical Errors, Risky Sexual Behavior and Just About Everything Other than Terrorism!
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We noted in 2011:
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– You are 17,600 times more likely to die from heart disease than from a terrorist attack
– You are 12,571 times more likely to die from cancer than from a terrorist attack
— You are 11,000 times more likely to die in an airplane accident than from a terrorist plot involving an airplane
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— You are 1048 times more likely to die from a car accident than from a terrorist attack
–You are 404 times more likely to die in a fall than from a terrorist attack
— You are 87 times more likely to drown than die in a terrorist attack
– You are 13 times more likely to die in a railway accident than from a terrorist attack
–You are 12 times more likely to die from accidental suffocation in bed than from a terrorist attack
–You are 9 times more likely to choke to death on your own vomit than die in a terrorist attack
–You are 8 times more likely to be killed by a police officer than by a terrorist
–You are 8 times more likely to die from accidental electrocution than from a terrorist attack
– You are 6 times more likely to die from hot weather than from a terrorist attack
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Let’s look at some details from the most recent official statistics. The U.S. Department of State reports that only 17 U.S. citizens were killed worldwide as a result of terrorism in 2011. That figure includes deaths in Afghanistan, Iraq and all other theaters of war.
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In contrast, the American agency which tracks health-related issues – the U.S. Centers for Disease Control – rounds up the most prevalent causes of death in the United States:
- Comparing the CDC numbers to terrorism deaths means:
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– You are 35,079 times more likely to die from heart disease than from a terrorist attack
– You are 33,842 times more likely to die from cancer than from a terrorist attack
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(Keep in mind when reading this entire piece that we are consistently and substantially understating the risk of other causes of death as compared to terrorism, because we are comparing deaths from various causes within the United States against deaths from terrorism worldwide.)
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Wikipedia notes that obesity is a a contributing factor in 100,000–400,000 deaths in the United States per year. That makes obesity 5,882 to times 23,528 more likely to kill you than a terrorist.
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The annual number of deaths in the U.S. due to avoidable medical errors is as high as 100,000. Indeed, one of the world’s leading medical journals – Lancet – reported in 2011:
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A November, 2010, document from the Office of the Inspector General of the Department of Health and Human Services reported that, when in hospital, one in seven beneficiaries of Medicare (the government-sponsored health-care programme for those aged 65 years and older) have complications from medical errors, which contribute to about 180 000 deaths of patients per year.
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read more!
“Al Qaeda is a creation of the US intelligence apparatus! It is extremely well documented ! Many of the terrorist attacks are in fact orchestrated by the US intelligence and military!” - Michel Chossudovsky P2, 7:40 onwards
“The ultimate goal that these people have in mind … is the goal to create a One World Government run by the banking industry .. run by the bankers! … The whole agenda is to create a One World Government where everybody has an RFID chip implanted !”
- Aaron Russo 0:15 onwards
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“He’s (Rockefeller) the one who told me 11 months before 9/11 ever happen, there was going to be an event. .. And out of that event we will invade Afghanistan, (for) the pipelines to the Caspian sea. We were going to invade Iraq .. to take over the oil fields, establish a base in the Middle East and make it all a part of the New World Order! And we will go after Chavez Venezuela. Sure enough 9/11 happened ! … And there was going to be this War on Terror which has no real enemy. And the whole thing is a giant HOAX! … This whole War on Terror is a FRAUD! ”
– Aaron Russo 2:30 onwards

Terrorist Attacks on U.S. Soil by Group, From 1980 to 2005, According to FBI Database. Jewish and Latino terrorism are far more than Muslim terrorism. Why all the Islamophobia? Click on image for article!

A groundbreaking work of investigative journalism, The Terror Factory: Inside the FBI’s Manufactured War on Terrorism exposes how the FBI has, under the guise of engaging in counterterrorism since 9/11, built a network of more than 15,000 informants whose primary purpose is to infiltrate Muslim communities to create and facilitate phony terrorist plots so that the Bureau can then claim it is winning the war on terror.

In this ground-breaking book, Mark Curtis reveals the covert history of British collusion with radical Islamic and terrorist groups. Secret Affairs shows how governments since the 1940s have connived with militant forces to control oil resources and overthrow governments. The story of how Britain has helped nurture the rise of global terrorism has never been told.
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As the Market Panic Demonstrates, Central Banks are Stuck on a Treadmill of Money Printing!
- As the market panic demonstrates, central banks are stuck on a treadmill of money printing !
by Jeremy Warner, http://www.telegraph.co.uk/
Oh what a tangled web central bankers weave when they practice to deceive… Last night’s panic in Tokyo, where the Nikkei dropped a stomach churning 7 per cent, demonstrates just how difficult it’s going to be for the world’s central banks to exit their loose money policies.
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It’s not even as if Ben Bernanke, chairman of the Fed, said he was planning to exit; in fact, initially he said the reverse in testimony to Congress. It was only in the Q & A, and in minutes to the last meeting of the Fed’s Open Markets Committee, that a clear bias emerged to slow the pace of asset purchases “in the next few meetings”, so long as the economic data was strong enough.
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What the subsequent violent gyrations in markets indicate is that any hint of applying the brakes risks generating a fresh financial crisis, which in turn would render the economic recovery still born. Both financial markets and the real economy have become addicted to “quantitative easing”, such that they can’t do without it.
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The upshot is that we are going to see financial repression of the type being practiced in virtually all the major advanced economies – including, if only to a more limited extent, the eurozone – continue out into the indefinite future.
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read more!

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!
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Even the Slightest Whiff that QE will Slow will Cause an Outright Panic and Implosion!
- All the talk about the FedRes ending or slowing QE is propaganda BS! The global economy and financial system will implode! I do not believe they are ready to pull the plug just yet! But it is coming! The Illuminist plan is global economic, financial and currency collapse; and the Satanic World War 3!
- - A “Whiff” is all That is Needed!
by Bill Holter, http://blog.milesfranklin.com/
Bernanke signals Fed to maintain stimulus efforts
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This link was headlined on the Drudge Report as “Fed chairman warns ending stimulus would carry substantial risks.” Well no kidding! As I’ve written many times, “No more QE…no more system,” period. Who would step in and purchase $1 trillion+ of Treasury securities that the Fed is currently buying? And if they did find buyers (doubtful), how high would the yields need to be to attract the buyers? …and of course the next question would be, are those rates too high and at levels that take up more in interest expense than the Treasury even takes in?
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Ben Bernanke testified yesterday before Congress and spoke about the “tapering” of QE. We have also been offered a trial balloon(s) over the last few weeks regarding cutting back on QE. The results (even though nothing has been shaved back)? Japanese treasury securities are now over 1% and U.S. Treasuries are over 2%. The Japanese Nikkei average ended last night down over 7% after opening up 3%…can you say “reversal day?” Stock markets all over the globe are down over 2% (except of course the free markets in the U.S.). It is important to understand that these dislocations have taken place strictly based on the “THOUGHT” of lesser quantitative easing.
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Before I write any further, I’d like to go back to basics and remind you exactly what “QE” is. QE is “code” for outright monetization. It is highfalutin gobbledygook speak for plain old fashioned PRINTING. “Printing” to purchase Treasury securities that no one else neither wants nor would purchase. Pure printing to be used to buy “stuff.” “Stuff” as in assets that need “help” to keep their prices high so that the message that “all is well” continues to ring throughout the realm. Pure and unadulterated printing that is used to paint the pretty (false) pictures so the populace will continue to sleep in oblivion.
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The point is this, even the slightest whiff that the monetization will slow (forget about actually stop) will cause an outright panic and implosion of asset values as EVERYONE tries to be the “first one out.” Think of it this way, in any Ponzi scheme wouldn’t you be an immediate “seller” if you knew that no more sucker money (or even just less money) was going to enter the scheme? And this, in a nutshell is THE problem! Without the infusion of new money, current asset values are not and cannot be justified in any world that we know of.
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read more!
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Keiser Report: Down is New Up, Up is New Down (E447)!
- Published on May 21, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert examine whether the markets are soaring or crashing but find it impossible to determine as long standing data patterns have broken down. They discuss feeding the ducks while they’re quacking and bitcoin vigilantes fighting the Fed. In the second half, Max talks to Sandeep Jaitly of FeketeResearch.com about the imminent extinction of the price of gold as well as the permanent backwardation in both gold and silver markets.
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Gold, Silver & 100-Year Inflection Point To Crush The West !
- Gold, Silver & 100-Year Inflection Point To Crush The West!
by www.kingworldnews.com
On the heels of the Fed’s James Bullard saying the central bank should continue its bond buying program, today acclaimed money manager Stephen Leeb spoke with King World News about what he described as a key 100-year inflection point. Leeb also discussed gold and silver. Below is what Leeb had to say in his interview.
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Leeb: “In addition to being focused on the gyrations in the gold and silver market and whether we have now successfully tested a bottom, the bigger picture is that the world remains a mess. Yes, eventually all of the money that is floating out there is going to lead to inflation, but there are also a great many other problems that governments around the globe will have to contend with.
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Clearly Europe is not out of trouble. Spain, as an example, is literally ruling with fear. Their government is staying in power by virtue of fear. The public is scared that if they drop out of the euro all hell will break loose. That’s what the government is telling them. I don’t think the government of Spain can keep the populace at bay using fear for much longer….
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read more!
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Clients Denied Gold At Major Banks As Shortage Intensifies!
- Clients Denied Gold At Major Banks As Shortage Intensifies!
by www.kingworldnews.com
Today Egon von Greyerz told King World News that clients are having tremendous problems getting their physical gold out of Swiss banks as well as other major banks as the shortage intensifies. Greyerz also discussed the fact that refiners simply cannot keep up with demand, “no matter how much they produce.” Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview.
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Greyerz: “This week I want to talk about what we are seeing in the physical gold market, and why there is a disconnect in that market. We transfer a lot of gold from Swiss banks and other banks into private vaults for investors.
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More often now, than ever, we are encountering incidents when the banks are putting up all kinds of obstacles for these transfers. The first sign of the potential shortage of physical gold started with ABN AMRO a few weeks (when they) declared that they would renege on their commitment to redeem gold accounts in physical gold….
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read more!
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Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever!
- Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever!
by Tyler Durden, www.zerohedge.com
Two years ago, Zero Hedge first made the observation that the bulk of Fed reserves (also known simply as “cash created out of thin air” because money is first and foremost fungible no matter what textbook theoreticians may claim, and the only cash allocation preference is the capital allocation IRR analysis) had been parked not with US banks, but with foreign banks with US-based operations. We followed that with more analyses, showing explicitly how the Fed was providing a constant cash injection to foreign banks courtesy of the rate on overnight reserves which is the amount Fed pays to banks that hold reserves with it, as the bulk of reserves continued to end up with foreign banks – a situation set to become a huge political storm some time in 2014-2015 when the IOER has to rise and the Fed is “found” to have injected tens of billions of “interest” not into US banks but in foreign banks operating in the US, and which then can upstream the “profits” to insolvent offshore domiciled holding companies.
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So it was our expectation that while if not slowing down its rate of money-creation (i.e., reserve-production) – something that won’t happen for a long time as it would crash the stock market – the Fed’s reserves would at least revert to being accumulated at US-based banks. No such luck. In fact as the latest H.8 report demonstrates, as of the most recently weekly data, the Fed’s policies have led to foreign banks operating in the US holding an all time high amount of reserves, surpassing $1 trillion for the first time, or $1,033 billion to be precise.
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This means that, as we expected several months ago, the only recipient of ongoing Fed money printing are not US banks, but foreign banks operating in the US. For those confused about the big picture, here is a chart showing the breakdown of cash held by big and small US banks as well as foreign banks, superimposed to total reserves created by the Fed since the start of the Great Financial Crisis. The correlation is 100%.
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And just to prove that ALL the unsterilized cash from both QE2 and QEternity has essentially gone to support offshore banks, here is the conclusive chart showing the change in Fed reserves and cash held by foreign banks:
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read more!
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Austria Makes It Clear: Arming the Syrian Opposition Is Illegal !
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Austria Makes It Clear: Arming the Syrian Opposition Is Illegal !
by http://larouchepac.com/
The Austrian government has issued an official position paper, now circulating among EU member states, in opposition to the British-French proposal for lifting the arms embargo in Syria. Dated May 13, the document is a cogent summation of the reasons why the lifting of the EU embargo would be politically and legally unacceptable.
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First, the political reasons:
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1. Lifting the embargo would undermine the U.S.-Russia move for a political settlement
2. The Syrian National Coalition doesn’t control the fighters within Syria.
3. There are more than enough weapons in Syria already.
4. Supplying more weapons would endanger UNDOF peacekeepers (noting the recent kidnappings of same).
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Then, the legal ones:
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1. Supplying arms would “amount to a breach of the customary principle of non-intervention and the principle of non-use of force under Art. 2 para. 4 of the UN Charter.”
2. It would violate the EU position on arms export control.
3. It would “amount to a violation of Security Council resolutions establishing an arms embargo against individuals and entities associated with Al-Qaeda.”
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4. “Member States supplying arms to the Syrian opposition would incur State responsibility for aiding and assisting in the commission of internationally wrongful acts.”
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Paul Craig Roberts: Washington Signals Dollar Deep Concerns!
- Paul Craig Roberts: Washington Signals Dollar Deep Concerns!
by http://www.paulcraigroberts.org/
Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE).
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Quantitative Easing is the term given to the Federal Reserve’s policy of printing 1,000 billion new dollars annually in order to finance the US budget deficit by purchasing US Treasury bonds and to keep the prices high of debt-related derivatives on the “banks too big to fail” (BTBF) balance sheets by purchasing mortgage-backed derivatives. Without QE, interest rates would be much higher, and values on the banks’ balance sheets would be much lower.
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Quantitative Easing has been underway since December 2008. During these 54 months, the Federal Reserve has created several trillion new dollars with which the Fed has monetized the same amount of debt.
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One result of this policy is that most real US interest rates are negative. Another result is that the supply of dollars has outstripped the world’s demand for dollars.
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These two results are the reason that the Federal Reserve’s policy of printing money with which to purchase Treasury bonds and mortgage backed derivatives threatens the dollar’s exchange value and, thus, the dollar’s role as world reserve currency.
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To be the world reserve currency means that the dollar can be used to pay any and every country’s oil bills and trade deficit. The dollar is the medium of international payment.
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This is very helpful to the US and is the main source of US power. Because the dollar is the reserve currency, the US can cover its import costs and pay for its cost of operation simply by creating its own paper money.
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If the dollar were not the reserve currency, Washington would not be able to finance its wars or continue to run large trade and budget deficits. Therefore, protecting the exchange value of the dollar is Washington’s prime concern if it is to remain a superpower.
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The threats to the dollar are alternative monies–currencies that are not being created in enormous quantities, gold and silver, and Bitcoins, a digital currency.
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The Bitcoin threat was eliminated on May 17 when the Gestapo Department of Homeland Security seized Bitcoin’s accounts. The excuse was that Bitcoin had failed to register in keeping with the US Treasury’s anti-money laundering requirements.
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Washington has stifled the threat from other currencies by convincing other large currencies to out-print the dollar. Japan has complied, and the European Central Bank, though somewhat constrained by Germany, has entered the printing mode in order to bail out the private banks endangered by the “sovereign debt crisis.”
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That leaves gold and silver. The enormous increase in the prices of gold and silver over the last decade convinced Washington that there are a number of miscreants who do not trust the dollar and whose numbers must not be permitted to increase.
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read more!
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Lindsey Williams: Planned Global Collapse in 12-18 Months? 15 May 2013
“Can a microscopic tag be implanted in a person’s body to track his every movement? There’s actual discussion about that. You will rule on that — mark my words — before your tenure is over. Can brain scans be used to determine whether a person’s inclined toward criminality or violent behaviour? You will rule on that.” – Senator Joe Biden(33rd degree Freemason?), 12 September 2005 John Roberts Chief Justice Confirmation Hearing
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The Coming Collapse, Massive Global Debt & The Bernanke FedRes!
- Coming Collapse, Massive Global Debt & The Bernanke Fed!
by www.kingworldnews.com
Today Egon von Greyerz wrote the following tremendous piece with accompanying charts. King World News is extremely pleased to share this exclusive piece with our global readers. Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in his outstanding piece.
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May 17 (King World News) – As precious metals investors worldwide are concerned about the correction in gold and silver let me tell you that you must not be. The incredible concoction of debt, derivatives (that will never be repaid with normal money) and accelerating fiscal deficits in most countries will guarantee money printing in unlimited quantities….
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“And Bernanke (and his successor) and fellow central bank heads will not disappoint. The only important criterion in the job description of a central bank chief is that he/she is willing and able to print whatever is necessary and in the next few years that will most likely involve printing 100s of trillions of Dollars, Euros and Yen.
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read more!
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