International Economics

The Fall of King Dollar…[Part 1]

Posted on Updated on

Falling Dollars

“In a time of deceit, telling the truth is a revolutionary act.”

– George Orwell.

No-one can say for sure, exactly when an Empire begins its death spiral, though historians can and do, make various comments as to the potential causes. But, one empire has much to teach us about the decline of the West – the Roman Empire. (Stay with me…)

In terms of the Roman Empire, which lasted over five hundred years, at its height, it spanned from Hadrian’s Wall, Scotland in Northern Britain, through western Europe to the Sahara Desert in the south, and to Iraq and the old Persian empire in the east; and which has been studied more than most, and is therefore a good place to start.

So, we can use that to inform us, and we can use that knowledge to empower us.

The old saw goes… The truth can set you free… but only IF you act on it…

So why does it matter to us? Well, It does, and I will (I hope) prove it.

The Roman Empire essentially began Western Civilisation, and much of our legal system began based on Roman (and Canon) Law. As someone who used to teach Business Law, it began my own wider education but we can also use this knowledge for emancipation.

Many theories have been advanced for the fall of the Roman Empire, but none of them stand up to close scrutiny. Those theories advocated, have been such as: the fall was due to Hedonism and their sexual proclivities, lead in the water from their pipes, or the glaze in their cooking pots; attempting to spread into Africa, which gave many of them Malaria and other tropical diseases; embracing Christianity, and even a pre-occupation with the afterlife. All have been advanced as possible reasons.

Though there may be some validity to these as contributory reasons, I believe it is not the whole story. They, like wet-pavements, overcoats and open umbrellas, are not the cause of the rain, they are merely the symptoms of it.

But in order to really understand it we need to put aside political correctness, and open our minds to potential realities. Those who advocate “Political Correctness” are merely attempting to define the range of the debate, and restrict the train of thought, to exclude the critical and analytical thinking that might curb state power, but free thought and expression is required to provide meaningful solutions.

When the Roman Republic had been in evidence for more than five hundred years, the “Republic” was converted by Augustus Ceasar, who took power in 27 BC, to a true Empire in about 14 B.C. saying: “I am maintaining the Republic”…Like many politicians, who want to extol their virtues and supposed influence.

The Roman Army, obviously conquered a land, or nation, but didn’t leave all the troops there to maintain it. What they did was to build brick factories, tile factories, provide infrastructure in the shape of running water via aqueducts, and paved roads, Of course the Empire was vulnerable to attack, particularly on its north-eastern border along the Danube and Rhine lands, by invading Goths and Vandals, but most people tolerated the army, because of the improvements to their lives and living standards.

These barbarians however, coveted the wealth of the Empire, even though many lived alongside it, taking advantage of the stability, that the empire provided, and trading with the empire, there were many who wanted to get in. The Germanic Tribes particularly the Goths simply wanted “A better life.” There were many of them, and at first, they did not seem to pose an immediate threat.

So some emperors invited people in (like the Barbars), But many wanted to get in, to take advantage of the wealth, though not necessarily to assimilate and to take on the values that allowed the creation of that wealth, so they never integrated, and retained their original culture. (Sound familiar?)

The Roman state, according to Servius Tullius, was largely succesful, because of the character of the men – the heroes. Until the people who became citizens were given status, the character and the culture, were one of service, and honour. sharing arduous tasks, and fighting and training valiantly. And taxes, had been as little as two per-cent to pay for it all.

But the situation changed because the state needed more taxpayers becaue it needed more soldiers, and people to maintain the empire, as it grew, and the state which had access to the grain in the bread-basket of Rome – Egypt, began giving grain to its citizens – in the now infamous cry of “Bread and Circuses”. (Social Welfare and Reality TV Anyone?)

So, in terms of the Roman Empire, what WAS the key driver of its downfall?

The Romans, encompassed a huge geographical area. They were attacked in the North, by the Goths, and the Vandals (collectively termed “Barbarians” or “Barbars”), because the Romans didn’t understand the language of these people, and it just sounded like they were saying “Bah Bah Bah”.

But the real rot set in, when they began devaluing their currency. During the ‘Classical’ Roman ‘golden age’, the ‘aureus’, ‘denarius’, and ‘as’ were issued in gold, silver, and bronze/copper respectively (rather like British currency of Gold, Silver and Copper of pre-decimalisation coinage). The ‘as’ went from bronze to copper during Augustus’ reign around 23BC

There was the aureus, which the wealthy used, and 1 aureus equalled 25 denarius, which had been almost pure silver. But as time progressed, like Gresham’s Law, people hoarded the old purer denarius coins, and spent the newer less pure ones. And this continued, until the silver content was circa 2%, and almost worthless. The Emperor, needed to pay more soldiers as the size of the empire grew, and this required more money to pay the army.

At the time the sestercius (roughly 1/4th of a denarius) was the smallest coin, and over time, the roman soldier’s pay went from about 1/3 denarius a day to 1200 sesterces a year, – 300 denarii a year, a little less than one a day. All because of the devaluation of the money, and the expansion of the currency by reducing the silver content – WE see this in modern banking, when the economists call for a circa 2% inflation rate, as this reduces the value of your savings, and forces you to enrich the bankers, who can always isolate themselves from the effects.

– As Sir Josiah Stamp – Former Director of the Bank of England said,

“The bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen, they will create enough money to buy it back again. However, take away from them the power to create money, and all the great fortunes like mine will disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of the bankers and pay the cost of your own slavery, let them continue to create money.”

To solve the problem, the solution is given here…

The Fall of King Dollar…[Part 2]

So, what are the driving forces forcing the demise…Well, let’s start at the beginning. The Dollar strength took off, when the Secretary of State for Foreign Affairs – Henry Kissinger, convinced King Faisal of the Saudi Kingdom to price oil, in dollars – the deal to protect the House of Saud, in return for a dollar hegemony. The world needed oil, and to buy oil, they now needed dollars. Demand for dollars therefore took off, and that gave the U.S. economy, the financial muscle to take on the Soviet Empire, put the best funded military into 147 different countries, pay for the space race, fund the stealth technology in military aircraft, and develop computer chips that went from several thousand ICs (Integrated Circuits) on an Intel Chip, in 1974, when they developed the 4004 Chip, that went into early calculators.

This was so-called because the chip had 4,004 Integrated Circuits. The, latest chips now have upto several hundred thousand million ICs, that are in the latest quad-core, octa-core, and hexa-core behemoths that we see in everyday smartphones of today.

Almost every nation therefore holds its currency reserves in Dollars. However, the BRICS nations are in the process of de-dollarisation. As part of that process, the Russians and Chinese have been developing parallel systems. the World Bank has been replicated

At the same time that technology is experiencing “exponential growth”… the costs of many of these advanced technologies are plummeting… For example, in 1996, the $55 million ASCI Red Supercomputer was the first computer to reach the speed of 1 Teraflop. It occupied a warehouse almost the size of a tennis court. In 2014, Sony released its PlayStation 4 video game console. It has almost twice the computational power as ASCI Red… and it costs 1/100,000th the price. At just $400.

And that technological growth is going to kill the oil industry’s dominance of the planet, and perhaps the Banker’s power too, (until perhaps the SDR becomes the world trade currency) by ushering in a new industry of battery-powered self-driving vehicles, digitally controlled by low power devices, and drive immense technological shifts – to driverless battery-powered taxi-cars, that will patrol the streets like a cougar hunting its prey.

Your smartphone will be able to use the Uber smart app, to call up the nearest one, and take you to your destination for almost the price of a postage stamp, and these vehicles will be powered using Lithium-ion batteries, and capaictors that charge from totally flat to fully charged in 15minutes or less… time enough for you to stop in a gas-station and have a quick coffee, on your drive from the East-Coast, to the West-coast…And of course, there’s Tesla’s. Elon Musk’s vision of the future motoring. According to the latest reports, Tesla has taken millions in deposits for its latest model 3, and has $14 billion in enterprise value. Of course, if the vehicle is not yours, you won’t need to pay car-tax, insurance, or petroleum tax… So, what are they going to use for revenue?

The rise of these super technologies, will totally kill the gas guzzling behemoths, and the oil industry giants unless they adapt – and FAST, but will also throw up some excellent investment opportunities.

Ford is investing $1 Billion, over the next five years in the technology, while Honda is building a self-driving engine. Apple is secretly building its own vehicle – the “i-Car?” and Volvo is in the process of testing in two pilot programmes, while several other industry tech-giants – Uber, Samsung, Google, Facebook and Amazon are all betting big on this latest innovation.

We are probably less than 5 years away from the dawn of this technology, and less than 15 years since the future will be battery powered. In 1901, New York city streets rang to the sound of hooves as every vehicle was drawn by a horse. Just 12 years later, a similar shot would show not one horse on the city’s streets. that’s how quick the change happened, and that came about because of a massive oil-well drilled in Texas in 1901. Spindletop produced initially at 100,000 barrels per day, before falling away to 10,000 bpd, 4 years later, but hundreds more were drilled creating the conditions for the boom that ushered in the motor-age.

But the boom, like all booms was a precursor to a bust. By 1907, an earthquake in San Fransisco caused massive destruction in the city. On April 18th at a little after 5am, the quake at 7.8 on the Richter scale almost totally demolished the city, and the insurance market suffered massive losses draining liquidity from markets.

Will the hurricanes in the Caribbean in recent days have the same outcome?

Hurricanes Irma, and José, may be just the calamity, that finally breaks the back of the American Dream. As the U.S. government’s debt ceiling is raised beyond the $20trillion set last year. Hurricanes Harvey and the rest may take capital away from other projects. The people of southern US states, may have the largest clean up bill since that devastation in 1907, when the San Francisco earthquake precipitated the financial crisis, in 1908 and which ultimately led to the creation of the Federal Reserve, the 16th amendment, and the imposition of National Income Tax in 1913, which some say was not legislated for correctly, and thus is not a legal requirment, but the IRS may beg to differ, and act accordingly.

But that is not the only problem… In 1999, the Department of Defence, had $1.1 TRILLION of undocumented adjustments, and in the following year, 2000 they had $2.3 Trillion according to Catherine Austin Fitts, former Assistant Secretary for Housing and Urban Development (commonly known as HUD). On the 10th September 2001, Donald Rumsfeld Secretary of Defense, announced that there was $2.3 Trillion of missing transactions…  According to some reports, I’ve heard, some of the documents for those missing Trillions, were in building 7 of the World Trade Centre whose free-fall collapse on 9/11 which disappeared when it came down, and some claim was an attempt to hide the evidence of gross financial misappropriation… But, we all know what heppened next….

You can see the big picture here…When, Aaron Russo, tells a few home truths about how America is REALLY run in his film – From Freedom to Fascism

In it he explains how Americans are governed, how the law is flouted, how tax laws are imposed in contravention of the constitution, and the end goal for this cabal of banker elite. And you can read the full unexpurgated story into how we in the West, descended into serfdom here —>>. The Coming Battle

If you like this piece, please share it and share links to your social media pages.

Advertisements

A Black Day in Caucasia

Posted on Updated on

Lee-Park-Riot-police

Anyone who watched the news in the last few days, can’t help but have heard about events in America, and the rallies that resulted in fights, and even 3 deaths in Charlotsville, Virginia, U.S. of A.

Those news reports on mainstream media though, as can often happen in the heat of battle, are not entirely accurate, and can paint a distorted view, based on incomplete evidence.

That’s why we long ago, in the West realised that the judicial system is the place where we should take accusations, investigate those, and present all the evidence to reach a balanced conclusion – Guilt or Innocence.

The lynchmob was outlawed by this, and we promoted the “Rule of Law” as a way to ensure we each – whether high or low born – got the justice that supposedly ensured that we could face our accusers, and only if there was the evidence to support those accusations, which ran contra to the laws that, ‘WE the people’, wished to be enacted, were found guilty.

Today’s 24hour News channels, and the now hundreds if not thousands of “Citizen Journalists” don’t have the luxury of having time to research the situation, gather all the evidence and reach a balanced view to present to the public. So, we the public are galvanised into taking actions (perhaps sometimes inadvisedly) when we are outraged by the video or written evidence before us. We see a distorted incomplete view of things. Charles Mackay wrote of this herd mentaility when he wrote “Extraordinary Popular Delusions, and the Madness of Crowds” over 100 years ago, and should be read by anyone who wants to understand how we people function and how we are influenced.

But, we also need to not forget the lessons of history. It is probably (I’m tempted to think of the Heineken adverts here) a truth that within 2 generations, the cultural heritage of the West will be gone, unless we defend and strengthen it. The culture of Greek, and Roman Law, the Renaissance, that encouraged discourse, and critical thinking; the Reformation, that took the religious tenets and put those under the microscope, and in so doing sponsored the industrial revolution that the printing press and machinery gave us. The growth of which ultimately led to democratisation, and changes in social and political views as we argued our way to a future where we thought we were all equal, and we could criticise those with power over us, and challenge them.

A continent where we put in place social systems that ensured we all shared in the increasing wealth that ensured ME, a working class lad from a mining village could enjoy the fruits of a brick built house, with double-glazed windows, central heating, refrigerator, freezer, fresh food from around the world, a car and television that both educated and informed me, and live in a luxury that was reserved for Kings, just a 100 years before.

In my ideological youth, when John Lennon sang: “Imagine there’s no country, nothing to live or die for, and no religion too” he was idealising, and I supported him. But in a world with shared cultural values, where people tolerated other’s views that was hope, but the left seized upon that to diminish national identities, and to use it to promote the “Globalists” agenda.  Is that possible? Especially, when one religion seeks to impose its cultural values on the rest of the 6+ Billion people who are not of that faith, and whose faiths also bear respect too?

The white liberal left and the ethnics, who have historically suffered, appear to want the destruction of the White European culture, that they inherited after two millennia of struggle in the cause of idealised egalitarianism, and failed to recognise, partly I suspect through ideology, and partly through ignorance, the threat to that culture that exists from a small but growing proportion of the population, who in their collective ignorance are using a book, and views that were outdated 1400 years ago.TheSwordAndTheBook

The consequences of which will bring about the total destruction of all that our forefathers worked for – tolerance, equality of opinion, faith and economic prosperity. Those nations that have followed the faith, have endured unending war, and poor growth prospects, at a time of rapid population growth – 8 Billion by 2025-2030, 9 Billion by 2050, and 10 Billion long before the end of the century.

A segment of the population whose only answer to their plight is to look to the heavens is destined for penury. We humans have applied our minds to numerous solutions, some have proved over the fullness of time, and constant re-assessment, to be the best solution. some political and social systems have flaws, we accept those, but if you cannot apply a critical mind, but only a narrowly focussed one (He said we should do this) – HE being whichever God, or Prophet you choose – then we as a species, and Whites of European extraction from the Caucasus in the East, to the Pyrenees in the West, to the Arctic Ocean in the North, will be eliminated, and that will be the poorer for the whole world.

WE who shrugged off our Feifdom overlords, shrugged off our religious domgatists, and fought the Industrialists, Socialists and Fascists, will now in the ideology of egalitarianism, kill the VERY thing that gave us our rich lives. It will be a sad, SAD day.

Why We Need To End The Power Of… The Banks.

Posted on Updated on

Bitcoin

The whole of not just American life, but the lives of those in the West, is predicated on cheap energy, and lots of it. Energy is a substitute for human Labour, so its cost and value, should reflect the human labour required to produce it, and of course the cost of wages that is provided by that labour. But, when you have a political and economic system, that means that SOME people can get that capital essentially at ZERO cost, because they have access to the printing presses that the major Central Banking institutions provide, you skew the system, and not in a good way.

The US is spending more than it produces, and using fraudulently produced currency, to pay the difference…
In 2007, Agora Finance stated:

“Our current military adventures in the Middle East, are predicated largely on keeping the old arrangements going. We’re in Iraq because we built Dallas, Atlanta, Orlando, Houston, Phoenix, Los Angeles, and Long Island the way we did, and the only way we can hope to keep these organisms going even a little while longer is to keep open our oil supply line to the Persian Gulf. The truth is, these organisms will not survive the oil-scarcer future in the form they’re in. The American people need to come to grips with this. No amount of chest-thumping around the globe will change it. In any case, sooner or later we’ll exhaust our military and bankrupt ourselves trying to project our influence into these places overseas – meaning, sooner or later we will withdraw back into our own hemisphere. I wonder if Wolf Blitzer of CNN will ask any of the candidates, what happens then?”

“A basic rule of reality is that you can’t get something for nothing. Sooner or later the financial sector will have to come to grips with this rule, meaning that that debt is not wealth and the revolving reallocation of debt in the form of credit does not amount to wealth creation.”

Of course the money that these Bankers create, funds the political processes that promote the interests of Capital over Labour, when in reality, Capital is inert. It is only when combined with Labour, that it can generate wealth. The trouble is, those in power for the last 40 years, have duped the rest of society, and I count myself amongst them, into believing that only by enabling and protecting the rights of capital, can we have a just society, and a bustling economy. I now realise that it was just a ruse, so that the Bankers could dominate the planet… WE are ruled by the Bankers

How so?

Read On…

QUOTES ON BANKING AND THE FEDERAL RESERVE

 

“By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”

– Lord John Maynard Keynes, “Economic Consequences of Peace”

“The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system; a system which if it could do good in any form is yet so certain of leading to abuse as to be utterly incompatible with the public safety and prosperity.”

– Thomas Jefferson

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.”

– Major L.B.Angus

Congressman Patman: “Mr. Eccles, how did you get the money to buy those two billions of government securities?” Eccles: “We created it.” Patman: “Out of what?” Eccles: “Out of the right to issue credit money.”

– Testimony of Marriner Eccles, Chairman of the Federal Reserve Board, before the House Banking and Currency Committee, 1941

“Every circulating Federal Reserve Note represents in actuality a one dollar debt to the Federal Reserve system.”

– Money Facts, House Banking and Currency Committee

“Every Congressman, every Senator knows precisely what causes inflation…but can’t, won’t support the drastic reforms to repeal of the Federal Reserve Act because it could cost him his job.”

– Robert A. Heinlein, Expanded Universe

“Every effort has been made by the Federal Reserve Board to conceal its powers, but the truth is that the Federal Reserve System has usurped the government. It controls everything in congress and it controls all our foreign relations. It makes and breaks governments at will.”

– Louis McFadden, Chairman of the House Committee on Banking and Currency

“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power of money should be taken away from the banks and restored to the people to whom it properly belongs.”

– Thomas Jefferson

“If all the bank loans were paid up, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks for our money. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp upon the picture, the tragic absurdity of our hopeless position is almost incredible – but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and the defects remedied very soon.”

– Robert H. Hemphill, Federal Reserve Bank of Atlanta

“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”

– United States Senator Barry Goldwater

“The financial system has been turned over to the Federal Reserve Board. That board administers a finance system by authority of a purely profiteering group. That system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money. This (Federal Reserve) Act establishes the most gigantic trust on Earth. When the president signs this bill, the invisible governments by the monetary power will be legalized. The people may not know it immediately but the day of reckoning is only a few years removed, the worst legislatives crime of the ages perpetrated by this banking bill.”

– Charles A. Lindbergh, Representative, MN

“Some people think the Federal Reserve Banks are the United States government’s institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.”

– Congressional Record 12595-12603 June 10, 1932

“The issue which has swept down the centuries and which will have to be fought sooner or later is the People vs. The Banks.”

– Lord Acton, Lord Chief Justice of England, 1875

“The central bank is an institution of the most deadly hostility existing against the principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but coin. If the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”

– Thomas Jefferson.

“The Federal Reserve Banks are not federal instrumentalities.”

– Lewis vs. United States 9th Circuit 1992

“The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers.”

– Congressman Louis T. McFadden

“The Federal Reserve bank buys government bonds without one penny.”

– Congressman Wright Patman, Congressional Record, Sept 30, 1941

“The few who understand the system, will either be so interested in its profits, or so dependent on it’s favors, that there will be no opposition from either class.”

– Rothschild Brothers of London, 1863

“The regional Federal Reserve banks are not government agencies. …but are independent, privately owned and locally controlled corporations.”

– Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982

“This Federal Reserve Act establishes the most gigantic trust on earth. When the President Wilson signs this bill, the invisible government of the monetary power will be legalized. The worst legislative crime of the ages is perpetrated by this banking and currency bill.”

– Charles A. Lindbergh, Sr. , 1913

“The Federal Reserve is answerable to no one.”

– Ronald Reagan

“You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out. If the American people only understood the rank injustice of our money and banking system, there would be a revolution before morning.”

– Andrew Jackson

“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.”

– “Putting it Simply”, Boston Federal Reserve Bank

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. They are not government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers. This evil institution has impoverished the people of the United States and has practically bankrupted our government, and it has done this through the corrupt practices of the moneyed vultures who control it.”

– Senator Louis T. McFadden, Chairman US Banking & Currency Commission

“The principle we must keep in mind is that two people cannot both be the exclusive owner of the same thing at the same time. Yet fractional reserve banking operates on the theory that bank account holder A and borrower B can both own the same money at the same time. This practice is just as fraudulent as selling two buyers the same vacation home and giving them both exclusive title to the home, hoping that they don’t both show up to use it the same weekend. With fractional reserve banking, titles to money (gold) are spuriously created, meaning there are more titles to property than there is actual property. In fact, no new money is created, but the number of titles to existing money is expanded. And it is in this manner that the value of the dollar is diminished.

In the absence of a gold standard, the crime is exceeded today to the point of absurdity, as only titles themselves are traded with no tie to any real property whatsoever. We have been swindled.” – Unknown

“We shall have world government whether or not you like it… the only question is whether or not it be by conquest or consent.”

– James Warburg, Rothschild Banking Agent, 1950

“If the American public knew how the money system really worked, I believe we would be chased down the streets and strung up before morning.”

– Henry Ford

“There are two methods or means, and only two, whereby man’s needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the banking and political means.”

– Albert Jay Nock

“All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation.”

– John Quincy Adams

“Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen,(or Switch [Ed:]) they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.”

– Sir Josiah Stamp, President, Bank of England (2nd richest man in England)

“But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”

– George Washington in a letter to Jabez Bowen, Rhode Island, Jan. 9, 1787

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”

– James Madison

“I am afraid that ordinary citizens will not like to be told that the banks can, and do, create and destroy money; and they who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people.”

– R. McKenna, Chairman, Midland Bank London (Now part of HSBC. [Ed.])

“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”

– Winston Churchill

“If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn’t have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it.”

– Professor Irving Fisher, Yale University, in his book “100% Money”

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists tirades against gold. Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”

– Alan Greenspan, Gold and Economic Freedom

“It is absurd to say that our country can issue 30 million dollars in bonds and not 30 million dollars in currency. Both are promises to pay, but one promise fattens the usurer and the other helps the people”.

– Thomas Edison

“The actual process of money creation takes place primarily in banks. Bankers discovered that they could make loans merely by giving their promise to pay, or bank notes, to borrowers. In this way banks began to create money. Transaction deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries crediting deposits of borrowers, which the borrowers in turn could ‘spend’ by writing checks, thereby ‘printing’ their own money.”

– Modern Money Mechanics, Federal Reserve Bank of Chicago.

“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”

– Abraham Lincoln

“Money is not based on gold anymore; money is only an idea. Ideas are not scarce. There should be no shortage of money to lubricate the gears of commerce any more than there should be a shortage of imagination. Today money is created on computers and paper, and since it is so easy to create, no one should have a right to charge interest on its creation. Yet, that is what the Federal Reserve System does – loans money to the people, charges interest on it, and puts the working public into debt just for being given permission to build for itself its own prosperity.” –

“Neither paper currency nor deposits have value as commodities, intrinsically, a ‘dollar’ bill is just a piece of paper. Deposits are merely book entries.”

– Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975

“Permit me to issue and control the money of a nation and I care not who makes its laws.”

Mayer Amschel Rothschild, founder of the Rothschild international Banking Dynasty, 1790

“The youth who can solve the money question will do more for the world than all the professional soldiers of history.”

– Henry Ford Sr.

“There is no more direct way to capture control of a nation than through its credit and money system.”

– Phillip A. Benson, President of American Bankers’ Association, 1939

“We fix the price of gold and silver to make them valuable or not.”

– J. P. Morgan, in a letter to his son

“Our goal is gradually to absorb the wealth of the world.”

– Cecil Rhodes, “The secret banking cabal”

Watch a little bit of history here…

But that doesn’t tell the whole story… THAT is told here below…

The Bankers finance the Oil business, and OIL is where the problem is. It takes HUUUGE amounts of capital to find, drill, capture, transport, crack into its distillates, and deliver that distillated fuel to thousands of locations across the west so that vehicles of all shapes and sizes and their economies can run.

And the solution is in that last video…

Former President Barack Obama asked Americans in an Oval Office address to accept that the United States is running out of places to drill for oil. President Obama said in his first live televised address from the Oval Office that:

“For decades we have known the days of cheap and accessible oil were numbered. For decades we’ve talked and talked about the need to end America’s century long addiction to fossil fuels and for decades we have failed to act with the sense of urgency that this challenge requires.”

The US government’s claim that the World is running out of oil was made to drive up the prices, to make it viable to frack at home, so that they could wage their war in the middle-east. Higher gas prices means bigger profits for US oil companies. Just look at the Fortune 500 list of a few years ago – Exxon Mobil, Chevron and Conoco-Phillips were number 2, 3 and 4 respectively. The world is not running out of oil we are being fleeced by the oil companies. With the technology readily available today – specifically liquid to gas vapour technology – they are also wasting precious oil.

“Governments and the national oil companies are obviously controlling about ninety per cent of the assets. Oil remains fundamentally a government business. While many regions of the world offer great oil opportunities, the Middle East with two thirds of the world’s oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow.”

– Dick Cheney speech at the Institute of Petroleum Autumn lunch, 1999.

If you were to incorporate vaporizing technology into the manufacturing of a new ultra fuel efficient car those cars could travel a hundred times farther on one gallon of liquid fuel. On average the fuel efficiency of most cars on the road today is approximately 20-30mpg (US. Gallons). 20 mpg x liquid to vapor conversion factor of 160 = 3200 mpg.

I wonder if Henry Ford, perhaps had shares in oil companies? If so, then perhaps he had a disincentive to produce cars that were fuel-efficient, and as such may even have attempted to bury technology, that would make his cars either less competitive, or reduced demand for the product of one of his sources of income?

However, the quote above by Henry Ford about Banks and the money system, has been solved by a man known only as: Satoshi Nakamoto. He has never been identified, but it is presumed, he created the crypto-currency, called Bitcoin. Bitcoin is a way of you becoming your own Banker, your own Financier, and Sovereign. YOU can be free from being controlled by Bankers. YOU can be King of everything you work for and get rich in the process. As long as others accept your crypto-currency.

Many companies operate in this sphere, but, one company mines for Bitcoin, Litecoin, and 9 others using hardware and software systems, and encrypted software, using the strongest systems. And, for the price of an e-mail address (and a confirmation) set up 11 on-line crypto-currency accounts, and make an initial deposit, and subsequent daily deposits for FREE for you… Their plan is to become a crypto-currency exchange, and thus make money that way, but by then, the value of Bitcoins could be in the tens of thousands.

One Bitcoin has gone from 5 cents ($0.05) to now (August 8th, 2017) over $3,000 over the time since its initial creation, though the price varies, sometimes a lot but, each time it falls, it rises again, and gets ever more valuable.
Because the Banks, haven’t yet figured out how to control the price, and because there will only ever be 21,000,000 bitcoins, the value of each one could rise exponentially.

I can’t give you the whole story here, but I can give you a link to help you get set up with a free account, and get daily deposits.

(HERE ===>>> Https://www.qoinpro.com/)

IF you don’t trust the Crypto-currency sphere, and you haven’t got GOLD or Silver yet, then the coming crash (the fall that JP Morgan spoke of) will finally convince you that we cannot go on with this Paper and Debt Paradigm. The Banks and Governments want to trick us into a world where digits on a computer screen are our only form of money, and those under 40 and even many above that age, that should know better seem to not care. But when The ATMs Go Dark (to borrow a phrase from Bill Bonner writer and publisher), you and your money will be separated from one another – perhaps permanently and then you WILL care.

Get Gold, Silver and Crypto to buy your Gold and Silver with, time is short. I suspect by this time next year, the dominoes will have begun to fall.

Donald J. Trump – The Fall Guy?

Posted on Updated on

President Donald J. Trump
Now that the furore regarding the election of Donald Trump, has died down a little, even if the American (and some of Britain’s) mainstream media are still pointing the finger of blame at that reluctant bastion of Rothschild Banking – Russia for supposedly meddling in American Politics…

I’m surprised that the Russians haven’t been accused of somehow manipulating the British electorate into voting to leave the EU. And don’t get me started on Tony Blair’s calls to “ignore the Brexit vote” in the most undemocratic statement to come out of any politician’s mouth since, Mein Kampf. But I digress…

As we settle into the dog-days of summer, and pieces of the jig-saw are given to us, we are slowly building a picture of this Brave New World, but it won’t be the New World Order, of which so many in the west have spoken in the tail end of the last millennium. When George Herbert Walker Bush talked of his New World Order. He spoke of a world in which Bankers, and those they funded were in control, a place where financial manipulation, and “fiat money” were the norm, a place controlled by the few. But this world that is being fashioned today, is by opposing forces, and the control is slowly moving east, and their ideals are in the ascendancy.

The change has been a long time coming, and those planning this takeover of the world, had almost managed it, but some of those who were not too keen on being ruled by a cabal of Banksters with Zionist tendencies, and a plan, some think,  to rid the world of 6½billion souls, decided against it.

To that end, they constructed a complete system to match the Western Banker Cabal’s.[See Pic:]Banker System -Old-versus-New

The Asian Infrastructure Investment Bank (AIIB), the People’s Bank of China (PBoC), The BRICS Bank, The Special Drawing Right (SDR) and the Shanghai Gold Exchange, are all designed to end control by those parallel systems in the west. Even the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system, has a replica – CIPS (Cross-Border Interbank Payment System) but the first thing that needs to be done, is to reconcile the global accounts. The SDR was first set up in 1969. During the 1970s, as the IMF began managing world currency flows, the SDR was a basket of five original currencies of the American Dollar, British Pound, Japanese Yen, and originally the French Franc, and German Mark. These latter two were replaced by the Euro, in 1999, and in 2016 the Chinese Renminbi also joined the fray, but China wants Gold to be part of the mix too – upto 40%.  And sitting astride this new system, the old order – The Bank of International Settlements, headquartered as it is in Switzerland.

Switzerland, independent for over 500 years, and with its mountainous land-mass impregnable to all but the most foolhardy. Every citizen is a member of the armed forces, and is required to hold firearms at home. And that’s where most of the world’s gold has been stored at some time or other, including, some say, the gold taken by Nazis during the second world war.

So, as part of this global reconciliation, all debts national and global, are to be settled. Chinese bonds issued in 1913, which were not honoured following the takeover by Chairman Mao, in Communist China. Bond Debts of the Federal Reserve issued in the 1929-36 period, for the purchase of Silver from the People’s Republic of China, Indonesian Gold, stolen from Asian nations during WWII by the Japanese; Gold perhaps taken by Germany during the Pogrom, and the Gold taken by President Ferdinand Marcos, which he found during his time in the Philippines, that was stashed there by the Japanese, and perhaps even the Gold taken from Middle-eastern nations following the American and NATO incursions into the middle-east in the last two decades. All Global debts will be reconciled, and a clean slate wiped.

But this means that America loses its “Hegemonic Power”, in the world, and has to close most of its more than 130 Armed Force bases around the world, but how will the strength of a nation’s currency be calculated. How will a country whose only export is Rice, be compared say, with a country who exports are many and varied? Those where the sweat of years of study, and foregone pleasures, to learn the intricacies and curious characteristics of the many metals and rare-earths that make up modern electronic products? And to add to this mix of uncertainties, there’s these new currencies emerging in the crypto currency world.

What of Bitcoin, Litecoin, Ethereum and the other crypto-currencies?

As things stand, the Banks, at first didn’t know what to make of crypto-currencies, and were sceptical of them. But, now some of  of the biggest U.S. and even  British Banks are trying to see where they can make use of them. this has led to a plethora of alt-coins and technologies making use of the blockchain. Barclays Bank, even used the blockchain in International Trade Finance, when it assisted in a Butter and Cheese trade, between Ireland and the Asian island nation of Seychelles worth $100,000.  The Deal according to Bill Bonner’s Agora Finance, changed 400 years of Banking supremacy, and arcane paper based systems. The deal which normally would take weeks, was settled in just 4 days. But in time, this could be reduced from circa 20 days, to just an afternoon.
So, as blockchain technology takes off, what will happen in the future. In 2016, here’s what happened…

Cryptocurrencies in 2016

Currency -Annual Gains

  1. Bitcoin               126%
  2. Ether                  741%
  3. Monero             2,759%
  4. Dash                   228%
  5. NeosCoin           7,092%
  6. MaidSafeCoin   598%
  7. ShadowCash     1,041%
  8. Coin(0)               5,047%
  9. Emercoin          143%
  10. SysCoin              1,964%
  11. Gulden               1,920%
  12. Bitcrystals         354%
  13. SIBCoin              2,649%
  14. Counterparty    178%
  15. ShadowCash     1,041%
  16. Storjcoin X        724%
  17. Nexus                 903%
  18. Potcoin               2,326%
  19. Synereo              478%
  20. LoMoCoin          309%
  21. SuperNET          148%
  22. NAV Coin            1,816%
  23. SolarCoin           389%
  24. Boolberry          549%
  25. SIBCoin               2,649%
  26. Expanse             395%
  27. Aeon                   459%
  28. BitBay                 498%
  29. CureCoin            324%
  30. Burst                   624%
  31. Viacoin               835%
  32. CloakCoin          396%
  33. CorgiCoin           11,664%

And 2017, is looking to be just as good, as every national and international financial calamity pushes more and more people into these electronic, digital currencies. As details of the Brexit, vote came through, Bitcoin rose. Venezuela’s financial mayhem? Bitcoin rose… China’s attempt to strangle Bitcoin via trading rules? You guessed it.
As money continues to flood out of China, the communist government just announced new crackdowns. It plans to limit gold imports… force Chinese companies to check with a regulator before moving $5 million overseas (it was $50 million)… and force citizens to report any money transfers over $10,000.

Banking regulators the world over, are trying to squeeze the monetary system, and like silly putty, it just emerges somewhere else, between slippery fingers. But the banks are not resting on their laurels. Nor the Venture capitalists.

Some of the top venture capitalists have invested over $1.3 billion in crypto-currency startups.  That includes people like Peter Thiel, co-founder of PayPal and the first outside investor in Facebook… Marc Andreessen – a Netscape co-founder and one of Silicon Valley’s most influential venture capitalists.  Richard Branson, Yahoo Founder Jerry Yang and Salesforce CEO Marc Benioff and Google Ventures.

Over 80% of the world’s biggest banks, including JPMorgan Chase, Barclays, Citigroup, and Goldman Sachs are starting to invest in crypto-currency technology.  JPMorgan alone is putting up as much as $9 billion.

So hear what Clif High is saying about it

So what does all this have to do with Donald J Trump?

To my mind, as we look at the U.S. and British stock-markets, we are at all time highs, and the amount of air in this bubble, is stretching the balloon to the point of the big POP…
Here Peter Schiff, who predicted the last “Great Recession” before those who are supposed to know better would admit that a recession was coming. Just months before that last recession, Ben Bernanke was telling the Americans, how great things were.

And here below, Schiff gives a little bit of history of the problems of the 1970s, and then goes on to say WHY the problems remain, and have still not been addressed, but also why the next downturn, will be as big, if not bigger, than the 1930s American depression, because the world is now so inextricably linked, in ways that it wasn’t 80 years ago. And the antidote for many Americans, is to go to Crypto-currencies. But whilst I have crypto-currencies and some PMs, I believe that ultimately, the stock-market, housing market, and bond market will fall perhaps 60-80% in two stages. first they will fall circa 25-40%, before a small recovery, then a further 30-40% taking us towards the final denouement.

And it will probably happen on Trump’s watch. THAT’s why Trump is the “Fall Guy”, and crypto and gold and silver will be the people’s saviour, as the world monetary system resets, and Gold once more becomes part of the monetary system. But silver will be what it has been for generations – millennia even – once more it will be the “people’s money”.

However, if you want to hedge your bets, and get crypto currencies… Which ones? That is a little harder to predict. No doubt Bitcoin, Litecoin and Ethereum are probable winners, though we can’t be absolutely sure, so the answer is to get several – and you can get  11 crypto-currencies – including Bitcoin and Litecoin – FREE  with daily deposits, (and learn a little more about them)

Here –>>> Https://www.qoinpro.com/.

If you like this piece, please share it, and like us on Facebook, Twitter or wherever you hang out.

A Letter to a Central Banker

Posted on Updated on

Warrington, Cheshire, UK.

25th June, 2017

Dear Central Banker,

I was searching through my e-mail inbox recently, in the hope of finding a reply to a sent email, a few days’ ago and in searching for it using his name as search criteria, I found an e-mail several years old – still unread.

I won’t take it personally, because this reader receives in the region of 150 e-mails per day, and hasn’t time to fully read them all, so I scan the header, and read and digest but a few, so have to be selective.

What struck me most though fom this e-mail, was the price of Gold, which had been predicted to rise inexorably, yet, 8 years’ on, the price is currently, pretty much where it was in 2009, despite it’s subsequent 2 year rise and 5-6 year bear market fall.

Not that I am chastising the sender of this e-mail – for his, or many others wrong predictions (at least so-far?) but what I found interesting is that the powers that be, (TPTB) to use a Mogambo Guru (aka: Richard Daughty) expression, they (and you) have managed to keep the lid on its obvious under-value. We know from their admission, that Deutsche Bank was found guilty of manipulating the market, but others, have a bigger hand in it, and their fingerprints all over the crime.

I suggested, approximately 12 years’ ago, that Gold would ultimately achieve circa $8,500/ozt, and Silver circa $500 in the blow-off phase…The rises in price, I predicted would, go to circa $2,000, then fall back to just above the $1,000/ozt mark, and would not rise to achieve their ultimate price (at least in this bull market) until around the 2018-20 period.

My reasons were (and are) several.

I looked at Gold charts from the 1970’s of the rise, fall and rise again, and of income levels, and prices, and using deductive reasoning, came to the conclusion that it was, in the final analysis, demographics and the financial system of the era, that was affecting the price, and the concerns economic of retirees , of course along with U.S. government spending on its overseas wars.

My father, born in the early flapper era of 1922, and like others reaching retirement age during the 1970s and early 80s decades had, just as many others, who had been born in the post-WWI era, saved for their retirement, and no doubt their saving, spending and investing habits, faced similar analysis, emotions and results as today.

So, what has changed in the intervening time period? Let’s look shall we…

The first thing to change, is that women are leaving it later to procreate. Most educated women (by educated, I mean graduate or equivalence) leave giving birth until they are in their early 30s (some ten years later than early 20th century folk). They also have fewer children. Back then, having three or four was a typical small family, with some, having 6 or 8. These days, many women have at most two, except where they divorce and re-marry, and the new couple have a further child or two.

Secondly, spending patterns and thus saving and investing patterns have changed, and are also being left later, because children are expensive, and more is needed to buy first and subsequent homes. Back in the 1970s, most people could borrow only 3 times, the annual earnings of the husband (main earner) or even 2½ times, and if both parents were working, this was increased to 3½ times earnings. This kept house prices at modest levels.

Thirdly, increased debt levels: today’s young families (and this may be just an Anglo-Saxon trait) are more likely to spend more on holidays, their homes and families to live more comfortably.

And fourthly, people are living a whole lot longer.

My father, was a working man who spent 44 years in the glass industry, just 4 miles away from where we lived. He never needed a car, as the bus service was every 6 minutes at peak times, and 10 or 12 minutes at off-peak. He was forced into retirement aged 58, and given access to his pension, when the company reduced its workforce, as inflation ripped into their profitability, and they strove to reduce costs, but he died just 5 short years later aged 63… Today’s retirees, are likely to live ten to twenty years plus, post-retirement.

Fifthly: Their pension plans were totally different than today, based as they were on Defined Benefits, rather than today’s DC (Defined Contribution) plans, but the drivers are the same; their search for yield, amid rising inflation and a legal requirement to buy Bonds, which would lower interest rates, while government costs would rise, as pensioners began drawing their government pension money.

Interest rates went lower post 1974, until bond prices collapsed, but before the oil spike of 1980 when on the back of the Iranian Revolution, rates were forced up again particularly in the U.S. by Fed Chairman – Paul Volcker, to qwell rising inflation once more. Of course back then, in Britain, we had to go “Cap in hand”in 76, to re-use a well-worn phrase, to the IMF as Britain’s bond holders, sold off Britain’s debt and this raised interest rates driving up government’s costs.

But despite these differences, the parallels are obvious: Ongoing Overseas War(s), a search for yield, a spike in oil prices (2007) and subsequent fall, the collapse of the Banks, (1973) and also, the bailout of them, and a major economy that has stalled and needs a QE intravenous drip – back then it was Britain.

The baby-boom births of post WW2, from 1947-62, rose to a peak in the U.S. in the period 1955-58 and totalled 75 million, plus 8 million migrants. I suspect there were slightly more in Europe and that it occurred slightly later, but those are driving the west’s economy. Changes in penson law in the 1990s with amedments to ERISA in 2014, – and regarding when (or in the UK case – HOW) people could take their pension (and thus postpone tax payable) to 70½ yrs in the U.S., and also recently in the U.K. now allowing people to withdraw their whole pension and use it as they see fit, is likely to cause problems in itself, as people use that money, and in some cases, mal-invest, but that’s a story for another day too. All this means that the falling retirement numbers post 2018, will probably mean rising output, and total demand, at the same time as the millennials, begin their own baby boom, which should begin to affect inflation, and demand for oil at a time of rising extraction costs. BUT, as the price of oil has fallen, and will likely fall further, and remain in the $30-50/bbl range, for the next couple of years, this means those fracked wells that were profitable at perhaps $60+ are closing and new wells that have not been spudded will have been postponed, just as corporate bonds go bad which will lead to lower oil output just as demand begins rising. This will ultimately lead to a price spike again.

The rise in the oil price will cause inflation to spike again too, which will probably again lead to further unrest overseas like the Arab Spring in 2010 (and maybe here in the UK and U.S.too), as food costs, which are so linked to oil prices, rise once more.

The current and previous quantitative easing, will no doubt finally begin to push inflation up around the world, as that money leaks into the economy, and a spike in interest rates to circa 10% are not outside the bounds of possibility – if you react too slowly – as is likely. A hyper-inflationary event is the likely outcome, as all the QE injected over the last 8 years, leaks into the economy and begins bidding for increasingly scarce raw materials, and THAT is when the system collapses..

That will, I believe, mean Gold and Silver prices will explode, but governments and Central Banks will do exactly what they did over 40 years’ ago, and try to cap the PM’s prices – and fail.

But, as Gold approaches the $10,000 per ounce price, you and the rest of the west’s Central Banks will as a block, throw everything at the derivatives and physical markets to stop the price breaching the psychologically important 5 figure sum, of that I am sure. Whether that will work I don’t know for sure.

But, IF, I am wrong, you can send this back to me in 5 year’s time, and tell me so with a wry smile and a jaunty wave.

Yours VERY sincerely,

 

Your humble serf.

 

PS: IF you do like this, please like it, and link to it via social media or re-tweet

 

 

When the Music Dies…

Posted on Updated on

Long, Long time ago,
I can still remember,
How the music used to make me cry.
I can’t remember if I cried,
when I read about that widowed bride,
but something touched me deep inside,
the day the music died.
So, “Bye Bye, Miss American Pie.
Drove my Chevvy to the Levy but the Levy was dry.
Them good ol’ boys are drinking whisky and rye.
Singin’ this’ll be the day that I die.
This’ll be the day that I die.
The day, the music died.”

The Gold market is at the moment a bit like the old parlour game of yesteryear, when we all played ‘Musical Chairs’ after dinner on sundays, before wall to wall TV, and other distractions began to isolate us from each other – except via digital means.

The game – for those who don’t know – involves putting together enough seats for all the participants, while playing music, and then removing one chair.

When the music stops, the last one to sit, is out.

The game continues until all the participants are out as each turn gradually reduces the number of chairs to one.

The gold market is gaily playing the game, blissfully unaware that the gold (Chairs) are being continually reduced and one day soon, the Bullion Bank Gold Vaults, will be empty, and one of the big players will want to walk away from the game, with their chair, (Gold) and the chair won’t be there.

The day that that happens, will be like the day in the song above.
For those unaware, the song was a reference to the crash in 1959, when Buddy Holly, and the other musicians Ritchie Valens, and J. P. “The Big Bopper” Richardson were killed in a plane crash near Clear Lake, Iowa. They disappeared off the radar on a snowy journey on February 3rd.

The evidence is stacking up for all to see. Those with even a small stash of Gold and silver will be the lucky ones.

Exhibits A, B, C, and all the rest are from a web-site I visit on occasion, but which in recent days has been just full of evidence that the number of chairs is quietly, and incessantly being reduced, as the Chinese take all the chairs east.

The day the music stops, will be like the story of the Emperor who was wearing no clothes, until the small boy pointed out the truth.

Gold (and silver) will be worth a whole lot more, no matter what Harry Dent Junior says:

The Technology Killers

Posted on Updated on

Most of the governments of the world, from the U.S., to Britain, to Europe, to India, to Japan, and beyond are controlled by the Central Bankers – the Rothschilds, the Rockefellers, J.P.Morgan et-al, and the people behind them – the IMF, the Central Bank’s, Central Bank – the BIS and the World Bank.

Standing behind the Banking industry is the biggest industry on the planet – Big Energy – Oil and Gas. The Seven sisters, as they are known, are the national oil corporations from Holland, UK, France, Italy, and America: Royal Dutch Shell, BP, Total, ENI, Chevron and Exxon-Mobil.

In recent decades, several others from China, Russia, Kuwait, and Saudi-Arabia, have also joined these behemoths, the top few of which have annual revenues, the size of Britain’s GDP.

The Central Bankers, in particular – the Fed, also control the stock-markets, via control of the input values that stock watchers use, in their now electronic trading games, which are now so powerful, they allegedly control 90% of trading activity on the New York Stock Exchange (See: “Flash Boys” by Michael Lewis)

These massive currency flows also help control currency markets, and the Fed’s Trading Desk, manages the price of Gold (and silver) via its minions – the big bullon banks, as often spoken about by Max Keiser on his show on RT – “The Keiser Report”. Gold and silver, is seen by the wider financial community as the thermostat on the financial system – its the release valve if you will. But the bankers and the politicians, they fund, don’t want you to know, when the pot is boiling, and about to blow its top, so they try to control it, they want to keep you inside the fence, so that you’ll do what they need you to do. Go to work, make money (for someone else) pay your taxes, don’t think too much, and don’t upset the existing system – The Status Quo.

Once every five years, or sometimes more often, they allow us to vote in the election of the Head of the Corporate PR department – the Government. And just to ensure you choose the appropriate candidate – the Blue Candidate, or the Red candidate, they control the information you get to see, so you won’t stray too far from the corral, by buying up the news media corporations, and restricting access to anything that criticises the existing way of doing things….

When the economic thermostat reads too hot, the release valve on the system blows its top, and the system cools down again (that’s just how economies are) – Josef Schumpeter, called it “Creative Destruction”, but nobody wants a cool down (a depression) on their watch, so politicians intervene, and in so doing make matters worse. Delaying the inevitable, we end up with mis-directed capital, and industries that should be shrinking in a controlled way, but get propped up, even as new technologies are being devised to solve problems that the many can see, but the few don’t want to give up control of and threaten their economic empires.

In that regard, Jeremy Corbyn is right… WE need an economy for the many, not the few. The problem is, I suspect Mr Corbyn and his Associates are like ALL politicians, they think they know better than the market. They meddle with the inputs, they distort. They seek to get the outcomes they want. They interfere until the results are what they want. The market though, is always seeking fair value, always seeking to make the most from the least. Always looking to solve a problem for somebody else, to make a fast buck (or a pound).

The motor industry, emerged to solve the transport needs of the world, and the in-line four, petroleum powered engine and the Wankel Engine, and the Deisel engine, the V6, V8, V12, are all variants on a theme. They draw in a fuel air mixture, compress it, ignite it, and the resulting explosion through the engine and transmission systems, drives the car forward. The Electric vehicles of recent years use electric motors, to drive the wheels, and you have to store enormous batteries made of lightweight materials – Lithium, the lightest of all metals to store the energy, and Graphite a lightweight conductive material, and soon to be made into Graphene to transfer that power with minimal loss to where it needs to be used. But, the industries behind these two technologies have grown into huge vertically integrated industries, that yield so much financial muscle, they control governments, even whole continenets.

However, who funds the Big Oil capital requirements? The answer: “The Bankers” – it’s a symbiotic relationship… Where one goes, so goes the other. The Big 6 Banks of America, provide huge capital injections especially for the fracking industry, who need huge amounts of capital, to fund exploration, and drilling operations. They also supply the billions, needed to drive technological innovation, and to drill hundreds of wells, that have driven down the oil-price, and used to make high-cost producers leave the industry, or to over-supply, leaving the lost cost producers to benefit. It also deprives governments of the revenue, that the American elite might view as hostile, that they depend on to make hostile behavoiur against the U.S. – Think of organisations such as: IS, Al-Qaeda, and nations such as Iran, Syria, China and Russia, and the other terrorist and similar organisations, but who controls the Bankers?

The Bankers, especially at times of crisis, depend on liquidity, which in the 2008 crisis, came (at least in the U.S.) from the U.S. Treasury. The stories of senior banking figures literally begging the Treasury for funds, are legend, and was highly instrumental in saving the failing U.S. banking system, which ricocheted around the world when $500million was attempted to be withdrawn from the system in a two hour window. The Banking system, was just hours away from total collapse, so the story goes…

So, the Bankers, the Oil Men, and their money, hold the American state hostage to their fortunes. And because the oil men fund the politicians, and through their taxes, the state, they demand obedience, or else… The three major intelligence services of the U.S. oil state – the NSA, the CIA, and the FBI are allegedly partially funded by funds collected from the sale of Heroin, grown in Afghanistan, and sold on U.S. markets, and this is also used to fund “Black Projects”. These black projects are used in military spending for funding, and control of other nations by financial means, (See the book: “Confessions of an Economic Hitman”) and the development of military hardware, that the deep state wants to keep secret from the people (including reverse engineering of alien technology but that’s another matter).

Of course, these intelligence services share data, to control those who might oppose their actions. In effect these organisations behave like private armies and security services for these huge corporations.

Of course this drives governments to monitor and attempt to control their populations too… (witness this:
http://www.computerweekly.com/news/450420162/Mass-collection-of-data-on-population-illegal-UK-court-told )

Tesla Motors, and Elon Musk’s billions, may provide a future where oil is less in need, but for the moment, the oilmen’s influence is still the primary driver of economic activity, with drillers, explorers, refineries, truckers, railmen, and rail manufacturers, pipeline manufacturers, engineering companies making valves, valve-controls, pressure guages and regulators, catalysts, and of course vehicle manufacturers who build oil burning engines, whether petroleum or diesel type as well as the thousands of retailers who own petrol stations, and sell all kinds of merchandise to repair and maintain those vehicles.. So you can see, much depends on the energy of oil, and these corporations, and the governments they fund, really don’t want to change that.

So, of course, the oil industry influences politics and the intelligence services in many ways. The middle-east still largely earns its crust from the energy products it sells to the world. And both Iran and Saudi-Arabia view each other across the Persian or Arabian Gulf with distrust.

In the Anglo-American world, politicians still visit the middle-east to sell them arms to inflict damage on some of their Arabian neighbours…And I while hear that Yemen is approaching famine proportions, few among the west appear to want to raise that as an issue in western media outlets… Is that for a reason? Is the Military Industrial Complex (MIC) looking to reduce the muslim population of the world, by fair means or fowl?

It’s all about the oil, silly…

The unrest in the middle-east, drives up oil prices in the futures market, and even Iran, and Saudi-Arabia require high oil prices, as they both have increasing budget defecits and rising populations, who are now demanding western level lifestyles.

Twenty years ago, I learned of a man who developed a new form of carburation that tranformed the petrol engine. It essentially fracked the petroleum liquid, into a fuel vapour, instead of a mist. This vapour would burn far more ferociously, and easily giving circa 300% increase in power, increasing miles per gallon, from the high twenties to 75-125 mpg, for a big American Motor. The Fuel Implosion Vaporisation System (FIVS™) was eventually patented, and the patented process made freely available on-line, but when he first attempted to do so, that’s when this man’s life fell apart, as Federal Agents, and even the Sherriffs department, began making this man’s life a misery, even making him spend time behind bars on trumped up charges…

Allen Caggiano, was a HVAC engineer, (Heating, Ventilation and Air Conditioning) who while cleaning some equipment, accidentally stumbled on a way to improve fuel efficiency. He naively thought that because at the time, the U.S. had just been through the oil crisis, he would be welcomed with open arms and make a fortune. What he didn’t reckon on, was the deep state using everything it could, to bury his invention, and if necessary – HIM. He ended his days a broken man in a wheelchair as several attempts on his life made him realise what was at stake.

But what if all the above wasn’t necessary, because we can use one of the most abundant materials on the planet? What if we could run our cars on water? Or what if we could even make our traditional petrol engines run on water?

Remember, don’t affect the profits of the oil men…It could kill you…

Hydrogen Technologies – HHO- – What happened to this invention?

And Who Killed This Inventor – Bruce E. De Palma?

https://youtu.be/h0dhwlhTs9M – and who ruined Nikola Tesla?

The Disruptive Future…

Most people will have heard of A.I., and even Virtual Reality (VR), or its sibling – Augmented Reality (AR). Many might have heard of the new era of Robotics about to sweep industry and commerce, and a few will have heard of Spintronics, and Graphene, and America will be at the forefront of them all. But none of them is this disruptive technology, that we are discussing.

And we have to ask… Who is behind this? …and What have they got to gain…and who will lose?

America’s new President – President Trump has promised to sweep away dozens of regulations, even coming away from the Paris Accord to International approbium. But even without Trump’s agreement, this technology will disrupt hundreds of industries and businesses.

By now you might be wondering, if this disruptive technology is the reason for Trump’s Travails. But, as they used to say in “Yes Minister”… “I couldn’t possibly comment.”.

Of course, you might think that given the last few months, in which President Trump has been accused of so many things, All of which have had not a shred of hard evidence to prove beyond reasonable doubt, that he has done anything wrong. But, mud sticks, as anyone will tell you, and if enough mud is thrown, some of it will stain.

But his desire to repeal decades of government policies, to re-import jobs that have been driven overseas by extensive legislation, to halt the over-regulation that has strangled economic growth, is not going to be the main driver of this disruption.

And for those who spot the changes early, and who act on it, some estimate, it could increase their investment tenfold. Which is great, but according to some predictions by industry experts, the gains could be even bigger.

They estimate this technology’s value is set to grow from as little as $210 million to as high as $20 billion in just a few short years.

That’s a 100 fold bigger than it is today…

Which means if you get in on the ground floor, you’ll have the opportunity to turn every $1,000 invested into $100,000…

Every $5,000 into $500,000. Every $10,000 into $1 million!

And even starting out with a modest $100, that could become $10,000 – giving you enough to put a deposit down on a house, or buy a run around for one of the kids, or take two of you on that round the world cruise, you’ve always promised yourselves…

Of course, the socially left-leaning media barons, and those who run the Oil and Banking industries don’t want you to hear about this revolutionary story, at least not yet, but I feel you NEED to hear about it and what it could mean for your investments, because it could have profound implications for the way the world does business, and who benefits – Qui Bono.

As important as that is, and what the future holds for Britain, and America, this is going to be far more disruptive, and will be remembered long after Prime Minister Theresa May, and President Trump have left office – whether that is as a result of his impeachment, his replacement by the next incumbent, or his demise at the receiving end of an assassin’s bullet.

What is being poposed will disrupt everything. And is far more important than Obamacare and deregulation. It’s a plan that could end the Federal Reserve’s power over the US dollar…

In fact, an ex-Federal Reserve banker admitted it could break the relationship between the Fed and the dollar FOREVER.

Trump hasn’t gone public with this plan just yet… but information hidden in plain sight, from senior-level advisors, shows that there is a lot of interest and even excitement about this plan, and even Reuters has stated that there are “a number of enthusiasts” for this tech in the president’s inner circle.

Including: Peter Thiel, the billionaire investor and friend of Steve Jobs, who has suggested this new technology could become “a threat to fiat money.”

J. Christopher Giancarlo – Trump’s head of the CFTC (Commodities, Futures and Trading Commission) – has said that this technology “will have profound implications for global financial markets” and could “revolutionize the world of finance.”

And Mick Mulvaney, Trump’s budget director recently said: “ [it], has the potential to revolutionize the financial services industry and the U.S. economy.

So maybe you’re thiking this incredible story is about Bitcoin?

Well, I’m here to tell you at the outset – “It’s Not!”

And it isn’t about that funny money that Jim Rickards has talked about as the thing that will replace the dollar, and thus shake the foundations of the monetary system – the SDR. Nor any other system that has been discussed at length – The Gold Standard, Hard Money or Bitgold – though the latter is closer to the truth than the former.

A technology, that could disrupt those two behemoths Oil, and Banking… And a technology that could disrupt the Military Industrial Complex, and its power to influence, and the heroin crop growers – growing poppies in Afghanistan? But also the Legal Profession, Accounting profession and many others may be disrupted,

This technology has the potential to create untold wealth for those who get in early? And what if in doing so it took away the control by America’s Puppetmasters – The Fed?

So, who is behind it?

The President of America – one Donald J Trump, is behind it…

What will the deep state do to him now?

According to one little-known report by Fidelity Investments… this technology could be unleashed by as early as January 2018. And when it takes off, it’s going to create numerous millionaires, almost overnight.

A study by Juniper Research has found that more than $290 million in venture capital was invested in the technology in just the first six months of 2016. And billions more are expected…which means in fact, this tiny industry being created around this plan could grow a hundred fold.

While everyday Brits and Americans are in the dark, the big banks are already preparing for this new financial system

As someone from CNBC said, “The bottom line is that big banks see big potential” in this new system.
And according to sources on Wall Street – Bank of America has quietly filed 35 patents related to this new revolutionary financial system…Also an 88-page Goldman Sachs research project found that this new system “can change… well, everything.”

On top of which, 13 banks have joined a coalition led by Goldman Sachs, JP Morgan, Credit Suisse and Barclays designed to transition them into this new financial system in the next year…

Former banker Blythe Masters who had been called “one of the most powerful women on Wall Street” – quit her seven-figure job to work on this development. She told investors recently: “You should be taking this technology as seriously as you should have been taking the development of the internet in the early 1990s. It’s analogous to email for money.”

No wonder Wall Street has been pouring money into the companies involved in this breakthrough…

According to an influential economist, Dr. Hernando de Soto, the ability of this technology to record, protect and transfer wealth has huge implications…And De Soto is not some crackpot evangelist… he was named by Forbes Magazine, as one of 15 innovators who will “reinvent your future.” He says, this new financial system could cause an explosion of wealth generation around the world — creating as much as $20 trillion in new wealth. Given that the world economy is currently circa $60 Trillion, that’s an explosion of one third of world GDP.

Given how lack-lustre the world economy has been these last fifteen years, that’s ENORMOUS.

But some industries, that rely on money siphoned off from the taxation system, and dubious currency flows from illegal activites, that get cut off, could spell the end of the secrecy for America’s and Britain’s Military Industrial Complex and the Black Projects, that the Deep State have pursued for decades… ever since the Roswell controversy first launched the Integrated Cicuit onto an unsuspecting world, which would usher in the micro-computer, the smartphone, and the Space Programme in 1947.

Is this the REAL reason the Deep State wants to bring Trump down?

The current financial system, controlled as it is by the Federal Reserve, which was set up as the government went home for Christmas in 1913, when it was slid onto the statute books on December 23rd, has been involved in all the major crises of the last 103 years…

Even the Fed Chairman Ben Bernanke, admitted in 2002, that the 1930s depression was caused by the Fed. And presidential hopeful Congressman Ron Paul, also blamed the Fed, saying that every economic downturn suffered by the country in the last 80 years can be traced back to Federal Reserve policy. Of course the “Credit Crunch” of 2008, is also one for their gifts to the world of economics.

And no president in over 100 years, has been able to stop this financial machine, that earns for its owners 6% annually, on the crushing debt that has accumulated in the U.S. Six per-cent of $20TRILLION… $120 BILLION and rising…in just interest payments from the tax-payers of the U.S. alone. Enough to build a railroad from New York to Washington D.C.

Yet this technology is in its infancy. This technology is about to hit the mainstream media.

2016 was a year of ‘proofs of concept’; 2017 is much more likely to be a year of implementations,” said Keith Bear, one of IBM’s Global Section Heads.

“2016 was a coming-out party of sorts,” said industry expert and author Alex Tapscott. “2017 will see the technology reach a certain level of critical mass of understanding.”

The Federal Reserve also published a paper last year that noted this technology is in the “early stage.”

So, is this the perfect time to get involved? A massive “YES”.

In the current financial world, it can take days for your cheque to clear, or your stock purchase to get finalized. Banks can charge 15% to 20% to move money from one country to another…on top of transaction fees, and service charges. Credit card companies can take 3% from merchants… and remittance companies like Western Union can take 20%!

That’s crazy in an era when you can send an email anywhere in the world in a split second. And given that increasingly money is merely digits on a computer ledger, why can’t money move as fast? Moving money has always been an expensive, clumsy and error-prone process, but not anymore…

With this new technology, value can be exchanged securely in seconds for virtually no cost.

This new financial system isn’t just a new way to move money around. That in itself wouldn’t be “revolutionary.

It’s so important that experts are calling this tech a “new layer of the Internet”. We already have an internet for information…and shortly the “Internet of Things”, which in itself is going to generate trillions in new wealth, but this disruptive technology is a second layer and is being called the “internet of value.” This new layer is being powered by this revolutionary system I’ve been telling you about…

In case you haven’t already guessed it – this new technology is “The Blockchain”. And whilst this is what Bitcoin sits on, and this as I’ve already stated in a previous post could mean – Bitcoin could reach $1,000,000 each, this tech is going to totally change the world.

It’s a new kind of encryption that protects the value of a digital asset… and enables different computers to trust each other in a way that was impossible before. Having that “trust” enables a secure exchange of value.

Major Banks have begun experimenting with it… Citibank has created a crypto-currency called Citicoin that they’re testing internally. In an internal presentation, the company declared, “Due to the potential benefits, we believe adoption of the technology is inevitable.”

Goldman Sachs created one called SETLCoin, which it will use to trade securities. It also declared in a report that “the blockchain could disrupt everything.”

Bank of New York – BNY-Mellon, another major player in banking, created one called BKCoin. These massive banks are so excited about this new technology that their CEOs heads are exploding. “The blockchain is going to bring levels of efficiency to the financial markets that we’ve never seen before,” said NASDAQ CEO Bob Greifeld. “It could be as impactful as electronic trading was…” With this revolutionary technology, they will settle instantly.

And as we all know the old saying goes, “time is money.”

However, as someone who has some experience of crypto-coins, as the block-chain grows in size, under the current Bitcoin style system, latency gets longer before a transaction is confirmed.

And a failure of the network, which could jeopardize the integrity of the whole system would be catastrophic. As we saw with the British Airways system failure a little while ago, people get angry when they’re inconvenienced…
Imagine how they’d feel, if that failure cost them their fortune?

Thankfully, anyone who knows crypto-currency knows, that the entire blockchain, is stored on each node on the network. But what about when the blockchain grows to terrabytes or petabytes in size, or your machine fails because of age? These things need to be thought about in advance.

But all worries aside, some small companies involved in this revolutionary technology, will be able to offer ways to profit from it, but most of those don’t offer stocks. But as Reuters reported, thirty of the biggest finance and technology firms, are focussing their investment onto developing a single master block-chain. Whether people trust it enough to use it in place of existing blockchains – including Bitcoin is up for debate. But, the best part is most people don’t know you can buy into this master blockchain right now – today.

If you watch this episode of RT’s financial programme “Prime-Interest” of 22nd May 2013. The episode holds an interview, with the man behind this new blockchain system Chris Larsen CEO of OpenCoin Inc. (which was renamed – Ripple Labs, and subsequently just Ripple) after it was discovered there was a name clash with another digital payment system of the same name.

https://www.rt.com/shows/prime-interest/next-generation-bitcoins-rripple-691/

If Wikipedia is to be believed Ripple was fined by the Financial Crimes Enforcement Network (FinCEN) a bureau of the U.S. Department of Treasury under breaches of the Bank Secrecy Act, in 2015, which meant the corporation was brought under the control of the state as the company agreed to only transact XRP and “Ripple Trade” activity through registered money services businesses (MSB – Banks and the like), among other agreements such as enhancing the Ripple Protocol. The enhancement won’t change the protocol itself, but will instead add AML transaction monitoring to the network and improve transaction analysis. This AML (Anti-Money Laundering) transaction monitoring, suggests that the financial authorities, will be able to monitor (and thus control) EVERY transaction on the planet – IF it becomes uniformly used, giving enormous power to those in the upper echelons of the power elite.

Will this prove too much to bear by a population just waking up to being able to transact anonymously as with the Bitcoin, Ethereum, Litecoin and other crypto-currencies. I suggest it will, but in the meantime, It might prove useful in creating some real wealth. That begs the question though, whether the state will then outlaw such anonymous, distributed, consumer led transactions as Bitcoin, and the other Alt-coin payments.

So in the meantime, it could be fun. Provided you sell and buy Precious metals and Bitcoins when you cash out (or if you trade them successfully)

Albert Einstein, called compound interest, the 8th wonder of the world.. And if you want to earn it, get involved in the Alt-coin space for free, and have upto 10 different crypto-currencies deposited daily for FREE, then just follow this link, Free Bitcoins every 24 hours. – and that’s essentially what it is. Once that’s done, just enter an e-mail address there to create an account. after that, you will receive a confirmation link via e-mail to confirm you are the owner of that e-mail address… click on the link to confirm it, and that’s it… Job Done.

And if you want to add or exchange your BTC for ETHER (ETH) or other fiat currencies including EUR, GBP, USD, and RUB you can do that at: Http://CEX.IO

And if you want any further evidence of WHY you need Crypto, and/or Gold or Silver, then watch this… It will leave you STUNNED…

Further to this video, in the first week of June 2017, the price of BTC has been variously between $2,600 and $3,100…

The price has fallen back today, from its high, but as more and more fiat currency tries to rush for the exits, into Crypto, Gold and Silver, the prices of these metals and coins, will seem like a gift from heaven.

Good Luck

If you enjoyed this item, don’t forget to like us, or post a link to your facebook page. And donations to our Bitcoin account would be really welcome.

…1DfUtUmn7JMcDVxdzWuUiiiUaqxw2DLj2e…