Socio-Economics History Blog

Socio-Economics & History Commentary

Eastern Countries Are Buying Tonnes of Physical Gold Frenetically Because There is Likely to be a Reset of the Global Currency System, Soon!

The graph extends the same graph consistent with the most recent Fed announcement of the newly announced debt monetization levels ($85 billion per month through June 2015). Sources: QBAMCO; Bloomberg; St. Louis Fed

The graph extends the same graph consistent with the most recent Fed announcement of the newly announced debt monetization levels ($85 billion per month through June 2015). Sources: QBAMCO; Bloomberg; St. Louis Fed

  • It’s Time! 
    by Lee Quaintance & Paul Brodsky, QB Asset Management, via www.gata.org
    Gold bugs can’t understand how the public can be so unaware, how highly intelligent policy makers can be so immoral, and how the mainstream media can be so incurious. We can’t understand why more men and women in the investment business haven’t joined some of the more successful ones that have come around to precious metals and have taken substantial positions in them for their funds and personal accounts. The list of high profile independent-minded investors that have come out of the proverbial closet is impressive and growing: Kyle Bass, John Paulson, David Einhorn, George Soros, Bill Gross and Paul Singer, to name only a few.
    ….
    Mmmm, maybe. We certainly agree that gold should fundamentally be priced much higher than where it is presently and that the way gold futures seem to be reliably stepped-on before Treasury auctions and Fed meetings is a bit snarky, but as for the progenitors of the crime? It might be better to look east. Conspiracy theorists should consider foreign dollar reserve holders that would like to take delivery of as much physical gold (and silver?) as possible in a very short time, and do so at cheap prices. It would be simple to do: fund offshore hedge funds that continually short gold futures through US bank accounts, thereby keeping the spot price and London fixings down. Physical gold could then be delivered to sovereign accounts directly from mines and through exports at the suppressed prices.

    Why would sovereigns like China, Russia, even Japan and South Korea want to take physical possession of bullion at current prices and so quickly? The short answers are that they could not buy size required on exchanges without driving prices multiples higher and because there is likely to be a reset of the global currency system, soon. Again, we have discussed this before and are talking our book so take it with a grain of salt, but the logic supporting a coordinated move is too clear to ignore.

    First, we think all currencies are in the process of being devalued against global resources. Ask yourself what $3 trillion in Chinese dollar-denominated reserves is worth when it takes an act of parliament to spend CAD $15 billion on an energy acquisition? Clearly, the future purchasing power of surplus dollar reserves is not equal to its current notional amount in natural resource terms. What is the motivation of Chinese businesses to continue trading cheap human resources for US dollars so that they may use those dollars to buy global natural resources (at any price)?

    We expect the rational Asian (and South American) mind is already discounting the real forward purchasing power of the US dollar and all other fiat currencies exchangeable for it. Given the necessary future currency de-leveraging among debtor nations, we would not be surprised if economic policy makers of creditor nations have already discounted the present value of their currency reserves (e.g., $3 trillion in today’s USDs should have the purchasing power equivalent of $500 billion in a few years).

    Our speculation goes beyond natural market incentives and how economic participants have already reacted. We presume Western policy makers have also been quite aware of currency-based incentives, which would explain why ongoing meetings between representative treasury officials have also included State Department officials (check). And diplomatically, we would speculate that creditor nations would also continue purchasing US Treasuries at negative real rates until they amass enough of whatever it may be that US dollars would be devalued against (check, check).

    read more!

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December 14, 2012 Posted by | Economics | , , , , , , , , , , , , , , , | Comments Off on Eastern Countries Are Buying Tonnes of Physical Gold Frenetically Because There is Likely to be a Reset of the Global Currency System, Soon!

Terror Ties: US Supports Syrian Rebels Despite ‘Blacklisted’ Terrorist Group!

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US Held 200 Teenagers as Afghan ‘Enemy Combatants’!

1984 - Geroge Orwell

1984 – Geroge Orwell

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Jewish Historian Teddy Katz: 1948 Tantura Massacre of Palestinians! Genocide And Ethnic Cleansing!

https://socioecohistory.wordpress.com/2011/05/26/ashkenazi-jews-are-not-descendents-of-the-biblical-israelites-2/

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

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Israel/Gaza: Israeli Airstrike on Home Unlawful !

  • Israel/Gaza: Israeli Airstrike on Home Unlawful
    by http://www.hrw.org/home
    Deadliest Strike of Gaza Fighting Killed 12 
    (New York) – An Israeli airstrike that killed 12 civilians – the largest number of civilians killed in a single attack during the Gaza fighting in November – was a clear violation of the laws of war.

    On November 18, 2012, Israeli forces dropped what appears to have been a large aerial bomb on the three-story home of the Dalu family in Gaza City, killing 10 members of the household – one man, five women, and four children. A young man and an elderly woman of the Muzannar family next door were also killed.

    At first the Israel Defense Forces (IDF) said they were attacking a Hamas fighter named Yahia Abayah. Eight days later the IDF said the target had been the man killed in the house, Mohamed Jamal al-Dalu, whom they called a “terror operative” for Hamas without providing supporting information. Even if al-Dalu, a low-ranking police officer, was a legitimate military target under the laws of war, the likelihood that the attack on a civilian home would have killed large numbers of civilians made it unlawfully disproportionate, Human Rights Watch said. Attacks in which the expected civilian loss exceeds the anticipated military gain are serious violations of the laws of war.

    “The Israeli claim that the attack on the Dalu home was justified is unsupported by the facts,” said Fred Abrahams, special advisor at Human Rights Watch, who conducted research in Gaza. “The onus is on Israel to explain why it bombed a home full of civilians killing 12 people.”

    read more!

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

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards

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FedRes’ Balance Sheet To Hit A Shocking $6 Trillion!

Feel free to wipe your ass with it!

Feel free to wipe your ass with it!

  • Fed’s Balance Sheet To Hit A Shocking $6 Trillion! 
    by www.kingworldnews.com
    On the heels of the FOMC meeting yesterday, today the man who announced QE4 before anyone else caught it, Michael Pento, has written exclusively for King World News to let readers know what the implications of the Fed’s actions going forward will be.  Here is Pento’s piece:  “As expected, Ben Bernanke officially launched QE IV with his announcement this week of $85 billion dollars worth of unsterilized purchases of MBS and Treasuries.  In unprecedented fashion, the Fed also tied the continuation of its zero interest rate policy and trillion dollars per annum balance sheet expansion to an unemployment rate that stays above 6.5%.”

    “Now, pegging free money and endless counterfeiting to a specific unemployment figure would be a brilliant idea if printing money actually had the ability to increase employment….

    read more!

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December 14, 2012 Posted by | Economics | , , , , , , , , , , , , , | Comments Off on FedRes’ Balance Sheet To Hit A Shocking $6 Trillion!

Largest Capital In The World Now Entering Gold & Silver Space!

Gold_tidal_wave

  • Largest Capital In The World Now Entering Gold & Silver Space! 
    by www.kingworldnews.com
    Today Rick Rule told King World News that the most massive and most intelligent pools of capital on the planet are now looking to crowd into the gold and silver space.  This is huge news for a sector that has been in a state of consolidation for over a year, and strongly supports the thesis that 2013 will be a banner year for gold and silver.

    Rule had this to say about this extraordinary development:  “The things that support the thesis, particularly with regards to the gold equities, has been the approaches Sprott (Asset Management) has gotten from the very largest sovereign wealth funds in the world, and the very largest suppliers of private capital in the world.”

    “It’s interesting to see the big money starting to be attracted to the sector.  It’s interesting to see that point of view being shared by the largest aggregations of capital on the planet.  There are oceans of capital looking for a home. There are literally trillions of dollars looking for a home….

    read more!

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Buy Gold: FedRes To Print Over $1,000,000,000,000 Per Year!

Dees_FedRes_printing_money_Bernanke_Obama_Biden

  • Buy Gold – Fed To Print Over $1,000,000,000,000 Per Year! 
    by www.kingworldnews.com
    Today acclaimed money manager Stephen Leeb spoke with King World News about the FOMC meeting and what is happening with gold and silver.  Here is what Leeb had to say:  “Eric, yesterday was Fed day and the Fed didn’t surprise too many people when they announced they were going to buy $85 billion worth of government paper each month.  If you do the calculations that comes to $1 trillion per year.  This leaves me speechless $1 trillion worth of paper each year.”

    Combine that with what Japan is doing.  The Japanese yen yesterday was getting crushed because they are now in the midst of doing the same thing.  Here you are in world where every major economic bloc is printing money as fast as they can.  This is really making me angry. 

    I care about this country and the people that live here, and when you see money being printed like tissue paper, you know most bond certificates are going to be used to burn wood and keep houses warm….

    read more!

US_Dollar_Toilet_Paper

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December 14, 2012 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Buy Gold: FedRes To Print Over $1,000,000,000,000 Per Year!

“Military Voyeurism” or Invasion of Syria? French Special Forces Team Up with Foreign Backed Terrorists!

Balkanization_of_Syria

  • “Military Voyeurism” or Invasion of Syria? French Special Forces Team Up with Foreign Backed Terrorists! 
    by Dr. Ismail Salami, theintelhub.com 
    As part of the sinister plan for Syria at work, French military agents have recently held face-to-face meetings with the foreign-backed militants inside the country in a bid to “assess the situation on the ground.”

    A report carried by French paper Le Figaro on Friday indicates that “Their main task was to know who controls the battlegrounds around Damascus.” It seems that a West-orchestrated plan to invade the country is under way and that they are teaming up and gearing up for united military action against the country.


    The report adds that the meetings were held last month with the full knowledge of the French government and that the French government wants to know the “operational capacity of each group” and their “political colors.”

    To make matters worse, NATO has agreed to deploy Patriot missiles on the Syria-Turkey border under the pretense of defending Turkey as Britain has warned Syria of ‘serious consequences’ if the regime used chemical weapons. All the pieces of the puzzle are being meticulously put together by the ‘foes of Syria’ to lend a cloak of legitimacy to an imminent invasion of the country: that Syria mulls using chemical weapons against its own people and the militants, that the war may spill over into Turkey and that Turkey should be able to defend herself against any potential attacks.

    While in Brussels for a NATO foreign ministers’ meeting, William Hague, British foreign secretary, said that Britain had delivered a stark message to President Bashar al-Assad, echoing the words of the Obama administration on Monday.

    “We are worried about chemical weapons,” said Mr. Hague. “We have become more concerned about them in recent days for the same reasons the US has. We have already sent our own, clear, private message directly to the Syrians about the serious consequences that would follow from the use of those weapons.”

    Syria has blasted NATO’S decision to deploy Patriot missiles as “psychological warfare,” saying the new deployment would not deter it from seeking victory over the militants it views as terrorists.

    Despite some western countries claiming that NATO’s decision to deploy the missiles shows a low appetite on their part for military intervention, it is to be seen as a strong naked message that the West is indeed gearing up for military intervention.

    Syria said the NATO deployment shall not make Assad change course, calling the talk of chemical weapons part of a conspiracy to justify future intervention. “The Turkish step and NATO’s support for it are provocative moves that constitute psychological warfare,” Syria’s Deputy Foreign Minister Faisal Mekdad said in an interview with Lebanon’s Al-Manar TV. “But if they think this will affect our determination and work for a decisive victory in this fight against terrorism, they are very wrong.”

    read more!

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December 14, 2012 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on “Military Voyeurism” or Invasion of Syria? French Special Forces Team Up with Foreign Backed Terrorists!

French Carrier Off Syria!

Photo: EPA

Photo: EPA

  • French carrier off Syria! 
    by Voice of Russia, Interfax,  http://english.ruvr.ru/
    According to the French Defence Ministry, the French aircraft carrier Charles de Gaulle is on standby off Syria to take action in the event the Assad regime resorts to chemical warfare. France appears not to have taken into account Damascus pledges not to deploy chemical weapons on home territory. In 2011, The Charles en Gaulle was part of the NATO operation to enforce a no-fly zone over Libya.

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December 14, 2012 Posted by | GeoPolitics | , , , , , , , | 1 Comment

US Defense (War) Contractors Training Syrian Rebels to Handle Chemical Weapons!

  • US Defense Contractors Training Syrian Rebels to Handle Chemical Weapons
    by John Glaser, http://antiwar.com/ 
    The US-funded training supposedly aimed at teaching rebels to secure chemical weapons stockpiles

    The US and some of its European allies “are using defense contractors to train Syrian rebels on how to secure chemical weapons stockpiles in Syria,” according to “a senior US official and several senior diplomats,” CNN reports.

    The US-funded training is going on inside Syria, as well as in neighboring Turkey and Jordan and “involves how to monitor and secure stockpiles and handle weapons sites and materials,” according to CNN.

    Last week, Washington began warning about the possibility that Syrian President Bashar al-Assad might use his chemical weapons stockpiles against the armed rebellion trying to overthrow his regime.

    But top Syrian officials vehemently denied this would ever happen, and it appeared obvious that US officials were less concerned with Assad’s unleashing the chemical weapons, and more concerned with the possibility that Islamic jihadists fighting on behalf of the Syrian opposition might get their hands on them.

    Islamic extremists make up the great bulk of Syria’s rebel fighters, and this is widely acknowledged by official Washington. Indeed, the State Department recently designated Jabhat al-Nusra, one of the most prominent Syrian rebel factions, as a Global Terrorist organization.

    The US decision to hire unaccountable defense contractors to train Syrian rebels to handle stockpiles of chemical weapons seems dangerously irresponsible in the extreme, especially considering how inept Washington has so far been at making sure only trustworthy, secular rebels – to the extent they exist – receive their aid and the weapons that allies in the Gulf Arab states have been providing.

    It also feeds accusations that the Syrian Foreign Ministry recently made that the US is working to frame the Syrian regime as having used or prepared for chemical warfare.

    read more!

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Professor Francis Boyle: American Militarism Threatening To Set Off World War III !

World War 3 is near?

World War 3 is near?

  • Daniel 7:23 (New King James Version)
    23 “Thus he said:
    ‘The fourth beast shall be
    A fourth kingdom on earth,
    Which shall be different from all other kingdoms,
    And shall devour the whole earth,

    Trample it and break it in pieces.

  • American Militarism Threatening To Set Off World War III ! 
    by Professor Francis A. Boyle, http://www.opednews.com/
    Massive lawlessness by the U.S. government, at home and abroad, requires a response of civil resistance. “Today’s civil resisters are acting for the express purpose of upholding the  rule of law, the U.S. Constitution, human rights, and international  law.” The resistance is lawful.” The U.S. government officials are the outlaws!” 

    The following is the  text of a speech delivered by Professor Francis A. Boyle at the Puerto  Rican Summit Conference on Human Rights, University of the Sacred Heart, San Juan, Puerto Rico, December 9, 2012.

    The serial  imperial aggressions launched and menaced by the neoconservative  Republican Bush Junior administration and the neoliberal Democratic  Obama administration are now threatening to set off World War III.”

    Historically this latest  eruption of American militarism at the start of the 21st Century is akin to that of America opening the 20th Century by means of the  U.S.-instigated Spanish-American War in 1898. Then the Republican  administration of President William McKinley stole their colonial empire from Spain in Cuba, Puerto Rico, Guam, and the Philippines; inflicted a near genocidal war against the Filipino people; while at the same time  illegally annexing the Kingdom of Hawaii and subjecting the Native  Hawaiian people (who call themselves the Kanaka Maoli) to near genocidal conditions. Additionally, McKinley’s military and colonial expansion  into the Pacific was also designed to secure America’s economic  exploitation of China pursuant to the euphemistic rubric of the “open  door” policy. But over the next four decades America’s aggressive  presence, policies, and practices in the so-called “Pacific” Ocean would ineluctably pave the way for Japan’s attack at Pearl Harbor on Dec. 7,  194l, and thus America’s precipitation into the ongoing Second World  War. Today a century later the serial imperial aggressions launched and  menaced by the neoconservative Republican Bush Junior administration and the neoliberal Democratic Obama administration are now threatening to  set off World War III. 

    – 
    By shamelessly exploiting the terrible tragedy of 11 September 2001, the Bush Junior  administration set forth to steal a hydrocarbon empire from the Muslim  states and peoples living in Central Asia and the Middle East and Africa under the bogus pretexts of (1) fighting a war against “international  terrorism” or “Islamic fundamentalism”; and/or (2) eliminating weapons  of mass destruction; and/or (3) the promotion of democracy; and/or (4)  self-styled humanitarian intervention/responsibility to protect (R2P).  Only this time the geopolitical stakes are infinitely greater than they  were a century ago: control and domination of the world’s hydrocarbon  resources and thus the very fundaments and energizers of the global  economic system — oil and gas. The Bush Junior/ Obama administrations  have already targeted the remaining hydrocarbon reserves of Africa,  Latin America (e.g., the Pentagon’s reactivization of the U.S. Fourth  Fleet in 2008), and Southeast Asia for further conquest or domination,  together with the strategic choke-points at sea and on land required for their transportation. Today the U.S. Fourth Fleet threatens Cuba,  Venezuela, and Ecuador for sure. 
    – 
    Toward accomplishing that first objective, in 2007 the neoconservative Bush Junior administration announced the establishment of the U.S. Pentagon’s Africa Command  (AFRICOM) in order to better control, dominate, steal, and exploit both  the natural resources and the variegated peoples of the continent of  Africa, the very cradle of our human species. In 2011 Libya then proved  to be the first victim of AFRICOM under the neoliberal Obama  administration, thus demonstrating the truly bi-partisan and  non-partisan nature of U.S. imperial foreign policy decision-making. Let us put aside as beyond the scope of this paper the American conquest,  extermination, and ethnic cleansing of the Indians from off the face of  the continent of North America. Since America’s instigation of the  Spanish-American War in 1898, U.S. foreign policy decision-making has  been alternatively conducted by reactionary imperialists, conservative  imperialists, and liberal imperialists for the past 115 years and  counting.

    read more!
US 'defence' (war really) budget is well over US$1T when all the discretionary spending are added ! It is close to 50% of tax revenues!

Discretionary spending in the FY 2013 budget was slashed to $1.264 trillion from $1.319 trillion budgeted in FY 2012. America is a WAR economy!

Discretionary spending in the FY 2013 budget was slashed to $1.264 trillion from $1.319 trillion budgeted in FY 2012. America is a WAR economy!

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U.S. Military Now Targeting Afghan Children!

  • Keep in mind that the Illuminist plan for America is to use it as the protagonist for the coming Satanic World War 3! America will be destroyed, remade, re-engineered, enlarged …. and finally merged into the Luciferian New World Order, World Government. America 2.0 will be the Mystery Babylon Whore of biblical prophecy, riding on top of the 10 Horn Beast, the Revived Roman Empire EU2.0!
Revelation 17:3~6, .. And I saw a woman sitting on a scarlet beast which was full of names of blasphemy, having seven heads and ten horns. 4 The woman was arrayed in purple and scarlet, and adorned with gold and precious stones and pearls, having in her hand a golden cup full of abominations and the filthiness of her fornication.(a) 5 And on her forehead a name was written: MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND OF THE ABOMINATIONS OF THE EARTH.  6 I saw the woman, drunk with the blood of the saints and with the blood of the martyrs of Jesus.  Graphic source: http://watchmanreports.com/

Revelation 17:3~6, .. And I saw a woman sitting on a scarlet beast which was full of names of blasphemy, having seven heads and ten horns. 4 The woman was arrayed in purple and scarlet, and adorned with gold and precious stones and pearls, having in her hand a golden cup full of abominations and the filthiness of her fornication.(a) 5 And on her forehead a name was written: MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND OF THE ABOMINATIONS OF THE EARTH. 6 I saw the woman, drunk with the blood of the saints and with the blood of the martyrs of Jesus. Graphic source: http://watchmanreports.com/

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December 14, 2012 Posted by | EndTimes, GeoPolitics | , , , , , , , , , | Comments Off on U.S. Military Now Targeting Afghan Children!

Alex Jones: How The Global Banking Mafia Operate!

Carroll_Quigley_Tragedy_n_Hope2

December 14, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Comments Off on Alex Jones: How The Global Banking Mafia Operate!

AP Tries to Put “Wipe Israel Off the Map” into Hamas Leader Khaled Meshaal’s Mouth!

Ernest_Bevin_Newspaper_MSM_Amuse_Entertain_Mislead

  • AP tries to put “wipe Israel off the map” into Hamas leader Khaled Meshaal’s mouth! 
    by Ali Abunimah, http://electronicintifada.net/ 
    After the Observer mistranslated a section from Hamas leader Khaled Meshaal’s speech during his historic visit to Gaza last week, to falsely insert the words “kill Jews,” a report from Josef Federman of the Associated Press (AP) includes this:

    Making his first trip to the Hamas-ruled territory over the weekend, Mashaal delivered a series of speeches to throngs of supporters vowing to wipe Israel off the map.

    Although Federman does not attribute the words directly to Meshaal, who did not say them, the phrase “wipe Israel off the map” is notorious and provocative since it is the phrase controversially attributed to Iranian President Mahmoud Ahmedinejad and used to falsely claim that Ahmedinejad or Iran had threatened to attack Israel unprovoked to destroy it, which neither has ever done, or would do so if they had the chance.


    The phrase has been used emotively by Israel and its propagandists to stir up war fever against Iran under the pretext of stopping Iran acquiring nuclear weapons. In no way can this phrase be seen as a neutral or descriptive term.

    Listening to the speech
    In his speech, Meshaal did restate a refusal to recognize the legitimacy of Israel, spoke about liberating all of historic Palestine and praised resistance. Does that amount to “wiping Israel off the map”?

    read more!

Jim_Morrison_Whoever_Controls_MSM_Controls_the_Mind

http://www.guardian.co.uk/commentisfree/2006/jun/14/post155

Be careful of all the lies and propaganda of the Zionist Illuminist western MSM !

Edward_Bernays_Propaganda_Psyop_social_engineers

http://blogs.timesofisrael.com/jews-do-control-the-media/

Click on image to goto article!

https://socioecohistory.wordpress.com/2010/09/04/hexagram-star-of-david-or-star-of-lucifer/

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

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December 14, 2012 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on AP Tries to Put “Wipe Israel Off the Map” into Hamas Leader Khaled Meshaal’s Mouth!