Socio-Economics History Blog

Socio-Economics & History Commentary

Back in 2012 Brodsky and Quaintance Suspected Worldwide Gold Redistribution!

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

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

  • Back in 2012 Brodsky and Quaintance suspected worldwide gold redistribution! 
    by cpowell, http://www.gata.org/ 
    Dear Friend of GATA and Gold:
    Recent assertions by fund manager and geopolitical analyst James G. Rickards that the United States and China are cooperating in suppressing the gold price so that China more easily may obtain enough metal to hedge its grotesque foreign exchange surplus in dollars are not necessarily the first ones along those lines.
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    As Rickards has held U.S. Defense Department security clearance and was the lawyer for Long-Term Capital Management during the rescue arranged by the Federal Reserve in 1998, he is always worth the closest attention and surely knows more than he can tell without breaching some confidence or even risking assassination.
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    But the first suggestion that central banks were working surreptitiously to redistribute the world’s gold among governments as the transition to some sort of worldwide currency revaluation may have been made by our friends the economists and fund managers Paul Brodsky and Lee Quaintance, then of QB Asset Management, now of Kopernik Global Investors, whose dissertation on the issue was published in May 2012 and publicized by GATA.
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    Brodsky and Quaintance speculated that central banks actually want the gold price up — way up — at least in the long term. They wrote:
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    “The key to a successful transition is a credible monetary reset. Gold is the default collateral for money because it has a long and established precedent in this role. All that would be needed would be a fairly equitable distribution of gold among global monetary authorities (taking place now?), and an agreed-upon exchange rate vis-a-vis baseless paper. It would have to be an exchange rate at which central banks could successfully monetize assets by tendering for physical gold with newly manufactured paper money, an exchange rate high enough to attract enough gold to cover unreserved credit held in the banking system. It’s a high figure.
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    read more!

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March 5, 2015 Posted by | Economics | , , , , , , , , , , | Leave a comment

Jim Willie: The Greatest Self-Inflicted Gunshot Wound in 2,000 Years!

Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

  • Jim Willie: The Greatest Self-Inflicted Gunshot Wound in 2,000 Years! 
    by http://www.silverdoctors.com/ 
    Summary
    A final End Game has begun.  The current stage is the global rejection of the USDollar, the once respected revered and resilient currency which has in recent years fallen on its own Third World sword. QE is a Third World monetary policy, plainly stated. What remains is the loss of the most prestigious of the nation’s calling card, the USD as global reserve currency.

    USDOLLAR HOISTED ON ITS OWN PETARD
    The reaction of global USDollar rejection in response to Quantitative Easing, otherwise known as hyper monetary inflation, will go down in US history, even world history, as the greatest self-inflicted gunshot wound the head and chest in two thousand years.

    by Jim WillieGolden Jackass.com 

    It is very difficult to find a foreign policy deployed by the United States Govt that has been successful in recent years. In fact, almost all aggressive foreign policy initiatives have resulted in profound losses either in financial strategic position or in alliances with previous staid allied nations. They have almost uniformly backfired, while bravado has mixed with stupidity, while arrogance has blended with futility.

    CONCLUSION
    The USDollar is soon to fade into oblivion. Its rise signals its demise. The hidden dismantle of the Petro-Dollar mechanism has been full of intrigue. The Gold Standard will return, but through the trade window. The solution to the untreated Global Financial Crisis is the gold route. The Eurasian Trade Zone will be built upon the gold route, and see a revival of the Silk Road with accompanying Maritime Routes. The nascent trade zone will soon include Germany and whatever nation follows its prudent lead. The movement cannot be stopped, not even by war. In fact, the Ukraine War will eventually catalyze the Eurasian Trade Zone, with European entries harboring disgust. The safe haven is not the USDollar, but rather Gold & Silver, otherwise defined as money. Banks find refuge in bullion bars, while individuals find refuge in bars & coins. Foreign nations will find refuge by banning the USDollar in trade settlement and banking reserve systems.

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    read more!

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March 5, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Billionaire Warns Of Total Collapse End Game Scenario: ‘No Way Out… Your Money Will Be Worthless’!

  • During Roosevelt era, gold was confiscated because the USD was tied to the gold standard ie. to increase money supply you had to increase the supply of gold held by the US treasury. Confiscating gold now is unnecessary to increase the money supply since fiat currencies can be created out of thin air (without any gold backing).
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  • Gold confiscation by government is not impossible but what would it achieve? Theft? Punishing the prudent? A more likely scenario is a revaluation of gold price much higher. The US treasury will offer to buy gold at the much higher price to reflate the economy.
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  • Gold is the perfect debt extinguisher! By revaluing the price of gold higher, such that the dollar amount of gold held is equal to total government debt owed, the country is solvent over night!
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  • Billionaire Warns Of Total Collapse End Game Scenario: ‘No Way Out… Your Money Will Be Worthless’! 
    by Mac Slavo, SHTFplan.com 
    With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame.
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    According to billionaire resource investor Carlo Civelli there is likely no way out for central banks which have spent the last several years printing money hand over fist. Over his decades’ long career Civelli has either managed or financed over 20 companies, many of which now have market capitalizations in the billions of dollars, so he knows a thing or two about investing during boom times, as well as busts.
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    In his most recent interview with Future Money Trends he warns of  an endgame scenario that is nothing short of a total collapse. And here’s the scary part: Civelli says that even gold may not be a safe haven should the worst case scenario play out:
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    If we all talk about the end game and a scenario of total collapse, I can see the governments telling everybody that your money is now worthless and the bonds you own are now worthless. You all have to take a haircut.

    But would they let the people that own gold get away with it? I don’t think so.
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    In this must-watch interview Civelli shares these and other insights you may not have heard before, along with strategies for crisis-investing that could position you to thrive as the rest of the world plunges into chaos: (video top of post)
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    We all know the central banks are printing money hand over fist. Hundreds of billions, or maybe trillions are flooding the markets. The ECB, the European bank, is going to do the same here in a week or so.
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    …obviously the way out of this quantitative easing is very difficult – nobody’s ever done it, and the verdict is still out whether the quantitative easing actually did something good or not. At least it prevented the world from collapsing right now, but what if interest rates really one day have to go back up again to normal levels, and all of these trillions of monies washing around now has to be taken off the market?
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    Nobody knows what’s going to happen then… But would they let the people that own gold get away with it? I don’t think so.
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    So the government at that point will say “Okay, guys, whoever owns gold has to give it back to the central bank within a certain period of time, and we’ll pay you whatever the gold price is at that time, less a big haircut.” Don’t forget that until 20-30 years ago, gold was selling at $35 and was fixed at that price, and so whoever owns gold, in my opinion, at that point will not be spared.
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    There is no way out, so let’s live the good times for as long as they go.
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    The notion that governments in the United States or Europe would confiscate gold like they did during the Great Depression is chilling indeed. But it is certainly a plausible outcome given our history and how far they’ve already gone.
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    So what options do we have available to us should governments take this route? Diversification.
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    read more!

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March 4, 2015 Posted by | Economics | , , , , , , , , , , , | 1 Comment

Jim Willie: Collapse of the European Union (Part 2)!

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March 4, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Central Banks Buying 100% of Sovereign Debt (Part 1)!

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March 4, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , | Leave a comment

50-Year Veteran Warns There Is No Way Out Of This As World Heads For Next Crisis!

Global financial tsunami fast approaching!

Global financial tsunami fast approaching!

  • 50-Year Veteran Warns There Is No Way Out Of This As World Heads For Next Crisis! 
    by http://www.kingworldnews.com 
    With the eyes of the world focused on soaring stock markets, today a 50-year market veteran warned King World News that thre is no way out of this as the world heads for the next crisis.  He also discussed the truth about what is really happening around the world.

    John Embry:  “I was struck in the last 24 hours by the news of the Austrian bad bank halting payments on $11 billion in debts and referring to a hole in their balance sheet of over $8 billion.  At the same time I noticed that in this new Greek bailout that is being proposed, Spain is going to be contributing 14 percent of the money….

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    “So we have the bankrupt financing the bankrupt.  This is turning into the theater of the absurd.  It’s symptomatic of the fact that the debt crisis, which started the 2008 global financial crisis, has not gone away at all.
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    World Debt Over $200 Trillion
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    read more!

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March 3, 2015 Posted by | Economics | , , , , , , , , , , , , , , | 2 Comments

Gregory Mannarino: Staring Down Barrel of Worst Financial Cataclysm Ever!

  • Gregory Mannarino-Staring Down Barrel of Worst Financial Cataclysm Ever! 
    by Greg Hunter’s USAWatchdog.com
    Trader and financial analyst Gregory Mannarino says, “I think things are looking very bad in the immediate future here.  Just this month, the ECB is going to start their Japan style quantitative easing, and that is going to make the U.S. equity market look a little less desirable . . . . I think we are going to see some cash leave the U.S. stock market.”  Mannarino goes on to say, “What’s even scarier . . . I think these games we have seen in the dollar could take off parabolic from here, and that is not good. . . . The digits cannot keep up with how fast the Federal Reserve is printing cash out of thin air, right at this moment, to try to combat this deflationary environment. . . .  The Federal Reserve did not see this dollar strength coming and how it would affect Wall Street.  You can expect the Federal Reserve to be forced to act to punish the dollar at some point, and that is going to hurt the Federal Reserve’s credibility. . . . When a world central bank becomes so desperate that it has to engage in this type of behavior, you know things are very, very bad.”

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    Mannarino points out a recent comment by a former Fed Chief that back up his claim the global economy is in deep trouble.  Mannarino says, “Even Alan Greenspan came out last week talking about how the global economy is extraordinarily weak, despite what we are hearing from the mainstream media that everything is good, and that they got everything under control.  The fact of the matter is this, nothing is real. . . . Central banks are taking the debt and manipulating it, and it distorts every asset class across the spectrum.  So, there are no price discovery mechanisms anywhere.  There is going to be a terrible price to pay for this.”
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    Mannarino goes on to say, “This is not just a financial problem.  This is a resource issue, and when this debt bubble bursts, basic necessities that people need to sustain their lives are not going to be available.  This is a resource issue on a global scale.  This entire fake system will continue to fall apart, and it is falling apart right in front of our eyes.  People are going to be rioting in the streets of every nation on earth when this comes apart.  There is no doubt about it, and there is no way out of it.”
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    read more!

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March 3, 2015 Posted by | Economics | , , , , , , , , , , , , , , , | 1 Comment

Realist News: Lindsey Williams – Summary of The New Elite 2015 DVD!

  • Note: I will not be posting Pastor Williams’ latest DVD because he has requested that it should not be done. (Although he does allow us to copy his DVD onto another DVD.) Please try your best to support Pastor Williams by ordering the original DVD, to help him defray the cost of production.
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  • You can order Pastor Lindsey Williams’ new DVD here!
  • Summary of  Pastor Lindsey Williams’ latest DVD –  The New Elite 2015:

    * Imminent danger – there will be more posts on the website: http://www.lindseywilliams.net/ . Please check it weekly.
    * The New World Order will be brought in, in its entirety and it should be starting this year (2015) at Sept-Oct timeframe when they (Illuminati) pull off this economic collapse.
    * Near future – banks crash/collapse, watch the financial derivatives market. This will be the event that triggers the collapse of America.
    * 5 TBTF (Too Big To Fail) banks have at least US$40 trillion dollars in derivatives. (It is a lot more than that.)
    * FDIC is not able to make good all the trillions of bank deposits when banks fail. Congress passed law for FDIC to cover financial derivative losses of the banks.
    * Everything is now in place for the Illuminati Elites to collapse America and the New World Order will step right in.
    * The Illuminati Elites are NOT God.
    * Violence in Washington. Fist fights in Congress, Senate, House .. by politicians.
    * A series of massive bankruptcies will take effect.
    * Interest rates will be rising. Financial derivatives collapse. When the dust settles precious metals will be all that remains of value. Paper assets will collapse.
    * Sept-Oct 2015 timeframe – most critical period.

    * Buy physical gold and silver. It may dip a bit initially because of deflation but it will reverse quickly and rise exponentially.
    * Only physical gold/silver will remain as money not fiat currencies.
    * Deflation – apart from food prices (and physical gold/silver), other asset prices will deflate ie. price collapse/fall. Food prices will rise ie. inflate!
    * Oil price collapse is Obama’s revenge on Russia/Putin for humiliating Obama. Illuminati elites told Lindsey Williams: they are not involved.
    * Obama made a deal with Saudi Arabia to smash oil price,  resulting in Russian Ruble collapse 50+%.
    * Illuminati elites very angry/unhappy with Obama.
    * New Elites – refer to the younger elites who are taking over and not the older elites in their 70s/80s.
    * They have plans to create a new (corrupted) version of the Bible.
    * They want a new US Constitution by Executive Order.
    * New leaders, new churches, new health care, culture … New World Order takeover!
    * “Devil’s Messiah” – defined as the Elites perverting everything in the Bible. New perverted meanings…
    Shemitah – 7 year biblical debt cycle will assert itself in 2015. Read Jonathan Cahn’s The Harbinger book.
    * VP Joe Biden’s (he is one of them, an elite) New World Order speech.
    * Elites positive that : “There’s going to be divine intervention!”

    * “Divine Intervention” – by this the Illuminati Elites mean the coming of the Anti-Christ!
    * Blood Moons Cycles, Shemitah, Jewish/biblical holidays … and major world events.
    * Obama uses ISIL and not ISIS. ISIL means Islamic State of Iraq and Levant. Levant largely means Israel. Illuminati plan: destruction of Israel.

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    … and many more issues!

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March 2, 2015 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Big Changes Coming to the Global Gold Market – A Conversation with Andrew Maguire!

Click on image to download MP3 interview!

Click on image to download MP3 interview!

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March 2, 2015 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Andrew Maguire: The End is Nigh! The Death Of The LBMA And Big Trouble For Bullion Banks!

Grim_Reaper

  • Andrew Maguire: The End is Nigh! The Death Of The LBMA And Big Trouble For Bullion Banks! 
    by http://www.kingworldnews.com
    Today London metals trader Andrew Maguire told King World News why the end is nigh for the LBMA and there is big trouble for the banks!

    Andrew Maguire:  “The new international exchange already has a large Chinese participation, which is going to bring in the necessary liquidity to circumvent London.  The participants include wholesale entities, banks and large trading houses, some of whom act on behalf of central banks.
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    Death Of The LBMA
    The large Asian banks were fed up with having their orders front-run.  So now they have complete anonymity.  This is why I said it’s going to be the death knell for the current LBMA bullion bank system.  It (the LBMA) is now scrambling to make changes, but it’s just too late.”

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    Click her to listen to the audio interview!

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March 2, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Banksters Rig Precious Metals Market!

  • Published on Feb 25, 2015
    Money laundering for terrorists and drug cartels, rigging LIBOR to attack Credit Union competitors, tax evasion — and now rigging the precious metals markets. Chalk up another crime to the usual suspects — the Banksters. Meanwhile, they move to charge depositors a fee for keeping money in their accounts (negative savings rate) as they get money for FREE from the Federal Reserve. But the Fed Chair says don’t audit the private Federal Reserve.

Carroll_Quigley_Tragedy_n_Hope2

Charles_Lindberg_on_FedRes

FD_Roosevelt-Letter_to_Colonel_House-Banksters_owned_US_government_since_Andrew_Jackson

bankster_war_debt_creation_financing_both_sides

http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article!

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February 26, 2015 Posted by | Economics, Social Trends | , , , , , , , , , , , , , | 1 Comment

World About To Enter A Period Of Immense Financial Destruction And Social Disorder!

Global currency, economic and financial storm coming!

Global currency, economic and financial storm coming!

  • World About To Enter A Period Of Immense Financial Destruction And Social Disorder! 
    by http://www.kingworldnews.com
    Today a 40-year market veteran sent King World News an incredibly important piece that warns the world is about to enter a period of immense financial destruction and social disorder.  This piece exclusively for KWN also discusses why the financial destruction and social disorder will engulf the entire world.

    By Robert Fitzwilson of The Portola Group
    February 23 (King World News) – After much speculation, we now know the outcome of the negotiations between the EU and Greece. The two sides agreed to extend the status quo for another four months in exchange for promises including “flexible labor laws” and “rooting out corruption”. If you had to design a phony conclusion for the meetings, this one could not be any better. A government elected to end austerity agrees to vague promises in exchange for no money and a continuation of the austerity.

    Major Chess Moves Being Made

    Insolvent Japan Passes Massive Defense Spending Bill

    Entire World To Enter Period Of Immense Chaos
    While a global bankruptcy is the only path to a sustainable resolution, the social disruption will be immense as a vast number of people are taken off of the dole and forced back into the real economy. Extend and pretend is the path for deferring the pain, but the future pain remains. It is just a matter of how much time. As pensioners approach the time to draw on government promises, most will find those promises to be empty. Perhaps that is what will trigger the restructuring that lies ahead. That day is not far off.

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    read more!

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February 24, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | 1 Comment

Shemitah: Does This Seven Year Cycle of Economic Crashes Predict The Exact Date of The Global Financial Collapse?

  • Shemitah: Does This Seven Year Cycle of Economic Crashes Predict The Exact Date of The Global Financial Collapse? 
    by http://www.silverdoctors.com/ 
    NY Times Bestselling Author Jonathan Cahn of The Harbinger & The Mystery of the Shemitah joins Metals & Markets to discuss the 7 Year Debt Cycle of Economic Crashes that has gone viral in the alternative media: 
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    * Could a 7 year debt cleansing cycle called The Shemitah (literally The Collapse) explain the majority of financial crises in US history, and predict that the next major crash may be only months away?
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    * Cahn explains how WWI, England abandoning in the Gold Standard, The Great Depression, WWII, Black Monday, The 9/11 Market Crash, & the 2008 Financial Crisis ALL can be tied DIRECTLY to this debt cycle year- many down to the EXACT DAY!
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    * Does the debt cycle PREDICT THE EXACT DATE for the coming Global Financial Collapse?

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    Last two US financial crashes occurred on the EXACT DAY predicted by the Biblical date of WIPEOUT- and the CYCLE WAVE PATTERN IS GETTING STRONGER!

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    Could we see not only a dollar collapse, but the fall of America as a nation and empire in 2015?

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February 23, 2015 Posted by | Economics, History, Social Trends | , , , , , , , , , , , , , , | 1 Comment

Alan Greenspan Warns: There Will Be a “Significant Market Event… Something Big Is Going To Happen”!!

  • Mr Greenspan is, of course, well aware of the BRICS plan to Return to the Gold Standard. America reneged on the agreement they signed to implement it by last Feb 2014. Mr Greenspan is hinting, most likely, of the Revaluation of the Gold price by China as early as this week to implement a Global Currency Reset ie. Return to the Gold Standard.
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  • The rumoured revaluation is in the order of 2X – 3X ie. gold price will be set to US$2500 – 3600/ounce from US$1203/oz currently. China will offer to buy up all physical gold at the much higher price using their US$2-3 trillion reserves ie. dump the USD, US treasuries for physical gold. (Silver will also be revalued at least 3X higher.)
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  • This shock revaluation of gold price will trigger, easily, US$2 trillions of precious metals financial derivatives (PM price suppression) held by western TBTF criminal banks. The quantity of physical gold that has been stolen (at least 40,000 tonnes) by western banks to suppress gold price will have to be replenish at a much higher price. The western financial system will be shaken to its foundations.
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  • Alan Greenspan Warns: There Will Be a “Significant Market Event… Something Big Is Going To Happen”!! 
    by Mac Slavo, February 22nd, 2015, SHTFplan.com 
    With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs.
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    But the insiders know different. And if there’s any single person out there who understands U.S. monetary policy and its long-term effects on domestic and global affairs it’s former Federal Reserve chairman Alan Greenspan. As the head of the world’s most powerful central bank for nearly two decades he’s privy to the insider conversations and government machinations that have brought us to where we are today.
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    Greenspan recently joined veteran resource analyst Brien Lundin at the New Orleans Investment Conference to share some of his thoughts. According to Lundin, the former Fed chairman made it clear that the central bank is facing a serious problem and one that will have significant ramifications in the future.
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    We asked him where he thought the gold price will be in five years and he said “measurably higher.”
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    In private conversation I asked him about the outstanding debts… and that the debt load in the U.S. had gotten so great that there has to be some monetary depreciation. Specially he said that the era of quantitative easing and zero-interest rate policies by the Fed… we really cannot exit this without some significant market event… By that I interpret it being either a stock market crash or a prolonged recession, which would then engender another round of monetary reflation by the Fed.

    He thinks something big is going to happen that we can’t get out of this era of money printing without some repercussions – and pretty severe ones – that gold will benefit from.
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    read more!

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February 23, 2015 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

The New Elite for 2015 – New DVD From Pastor Lindsey Williams!

http://www.lindseywilliams.net/the-new-elite-for-2015-dvd

Click on image to order online!

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February 21, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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