The
Goldsmiths--Part X
By R. D.
Bradshaw
The
previous article on the Goldsmiths discussed at some length the incredible
devotion of the plutocratic market manipulators to the practice of secrecy and
the use of deceit, treachery and deception to fool the ignorant and uninformed
masses. This reality prompts the
following remarks on offering a “possible” direction that the plutocratic
rulers may follow in the coming days.
To
appreciate this direction, one must go back to the early days of the 21st
century when the ruling plutocrats were faced with two possible courses of
action. In background, the end of the
so-called cold war in the 1990s meant that the US all of a sudden lacked a good
purpose to continue its mad spending of money (which had benefited the
plutocrats as they made absolute fortunes).
The
first course of direction was defined by the Democrat party and its social liberals
(thru Bill Clinton and the Gore bid for the presidency) which wanted to spend
vast new sums of money on social welfare programs, both in the US and abroad.
The
other course was established by George W. Bush and his so-called
neo-conservatives who wanted the US to spend vast new sums of money on wars of
aggression to exercise hegemony and control over the Middle East. The US military control of the Middle East
would allow the Bush oil interests and the neo-cons to steal those oil wells
and become even richer in the process. With
the Bush win in 2000, his plan won the debate with Gore and the Democrats.
The
Bush crowd envisioned that new wars would also pump up and benefit the US
military industrial complex at home (to allow them to make still more gobs of
new money) and simultaneously open the door for them to gain control over some
rogue Muslim states in the Middle East with huge oil deposits (which the US and
UK plutocrats could then steal for their own benefit).
Bush
called these states the axis of evil.
They included Iraq, Iran, and Syria.
This definition also pleased Israel, a key US ally, which had had a
running confrontation with these same Muslim states over many years.
But
these Bush wars quickly proved that they would be extremely expensive for the US
government and taxpayers. While the
stolen oil wells would benefit the Rothschilds, the Rockefellers, the Bushes
and the neo-cons personally, they offered nothing in monetary rewards to the
American state and/or taxpayers. Instead
the US government would have to spend huge sums of money to conduct the planned
Bush wars that would ultimately enrich the plutocrats and the Bush neo-cons.
While
there may have been some uncertainties on the cost of this adventure in 2001,
the cost problem certainly was in place by 2005-2006. Along with the continuing US welfare programs,
the ruling plutocrats quickly found that there would be huge problems in the US
from the need for large new government expenditures to support their wars of
aggression against the so-called axis of evil.
From
the years of excessive monetary expansion by the Fed, the sands for an eventual
hyperinflationary bust were already in place.
They were beginning to show up in several circles and particularly in
the home mortgage field where the US promoted an easy money scheme which had
ballooned up home loans and the value of real estate to ridiculous levels by
the year 2006.
And
the plutocrats also perceived that they had other problems with public
confidence in the system (which was beginning to spell out a serious recession
or depression). This was accompanied
with a failing dollar and several stock market falls in the years 2001-2006
which required huge Plunge Protection Team (PPT) efforts to try to stabilize
and reflate the markets.
Thus, there was a need for huge sums of new money to fight
the Bush wars all the while that hyperinflation was on the horizon, along with
a falling dollar and stock market and a collapse in consumer confidence. This meant that the plutocrats had to make
some new plans. Like FDR said—“Nothing just
happens in politics. If something
happens you can be sure it was planned that way” (Feb 2003 “Radio Liberty”
Newsletter, p. 1).
Of
course, the vast spending efforts of the US government and the Fed spelled out
the certainty of a coming hyperinflationary blow off. The plutocrats and their lackeys at the Fed
knew this eventuality from day one. The
problem they faced in 2006 was how to deal with it. The solution they came up with was to try to
force a controlled deflationary collapse/downturn on the US.
In
other words, they would deflate some things until they became more
manageable. Ultimately, they hoped to
allow the huge new spending efforts to continue the Bush wars and to make vast new
profits for themselves and the neo-cons.
But with the likelihood of hyperinflation, vast new spending efforts
were not going to be easy to implement.
More on the
Backdrop
For
the last year or so, up to mid 2008, the plutocrat controlled media has
bombarded America at length about Fed Chairman Ben S. Bernanke and his alleged
fears over a deflationary collapse that would reintroduce a new deflationary
depression similar to the one the US and much of the world faced in the
1930s. But while Ben publicly put this
view out, this writer believes that it was all Rothschild deception to hide the
Fed’s real work.
With
this frequent and extensive media play, it wasn’t long before many financial
market analysts picked up on the same hypothesis. Most of us have even read some of the same
presentations from gold, silver and hard money advocates. Some people began to actually believe it.
When
I first became a gold believer and advocate back in the 1960s, I certainly
never entertained any idea that America could face a deflationary
collapse. I always anticipated something
similar to what happened in Germany in the 1920s. My guess has been that most advocates of the precious
metals have felt the same way as I have over the years.
As
we all know, the US government and the Fed will spend money like mad to enrich
the fat cat banks and try to save the US dollar and US bonds from the garbage
can (where they should end up, based on fundamentals). This scenario simply does not paint a picture
of deflation.
With
some effort to look at this question objectively, the logical conclusion has to
be that it seems impossible to have a deflationary collapse with this crazy
printing of money and issuing of bank credits to explode the US money supply
into the heavens. We know the US government
and the Fed will not restrain spending.
Likewise,
it seems highly likely that they will walk the extra mile to stall or delay any
option on increasing interest rates. After
all, this boom cycle coming on since the start of the presidency of Franklin
Roosevelt in 1933 has been fueled, promoted and sustained by government
spending; and now in recent years, via Fed bailouts of the banking and credit
systems. Cheap money helps promote these
needs.
With
the US government and the privately owned Fed busy throwing money all over the
globe, how in the world is a deflationary collapse possible? Now, I’m no economist; but a deflationary collapse
seems logically impossible because paper money will become so cheap and
worthless that it will take a wheel barrel of dollars to buy a loaf of bread,
as happened in Germany in its hyperinflation period. History does repeat itself.
So
during these past 40 years, I have given no credence to the theory of a deflationary
collapse and a repeat of the depression the US had in the 1930s. I have always believed that we would eventually
have a collapse and a depression; but I envisioned it in the context of a
hyperinflationary bust like the one in Germany.
The
position that some could ask on this course is--if it is possible that I and
other hard money advocates could be totally wrong in anticipating inflation
instead of deflation? Well, I have been
wrong about a lot of things in terms of the financial markets and especially in
the past several weeks.
Some
time ago, in August, I mentioned to Goldseek.com editor Chris Mullen that it
seemed that the fat cats had scheduled a market strike down on Sep 1-2; but
possibly there would be some slippage on it.
Well, I had it wrong. They
started their strike Friday, August 29 and intensified their attack on Sep 1-2
and continued it thereafter. They have
hit most all commodities quite hard to produce what would appear to be a
deflationary fall.
The Real
Deflationary Collapse
In
this backdrop, we know too that despite the vast government and Fed spending
there has been a true deflationary bust in much real estate and certainly in
private homes. Some are now predicting
that the bust will soon hit commercial property and credit cards. Too, powerful deflationary pressures are now
hitting automobiles and even some other manufactured goods.
This
strange paradox of conflicting views has prompted some market analysts to posit
both a deflation and inflation mode in the same period of time (with real
estate in a deflationary mode while food and services are in an inflationary
mode). So that I cannot be charged with plagiarism,
I must say that this thinking did not originate with me.
But
I have come to generally believe it. I
wish I could cite its originator as he does deserve credit; but I do not know
where it started or where I first read it.
I know it has cropped up a few times over the past few months, perhaps from
different people.
The Fed
Subterfuge
Therefore,
we come to the question of whether Helicopter Ben Bernanke could be right after
all; and me and many other hard money proponents be wrong. Of course, this is a plausible scenario
despite the huge expansion of the US money supply.
As
to whether the Fed could be right or not, we must digress to my previous articles
on the Goldsmiths which discussed the plutocratic devotion to secrecy and
deception. This real world type of thing
really was manifested by the master market manipulators, the Rothschilds, in
Britain, during the Napoleonic War in the early 19th century. The Rothschild masters and their descendants,
relatives and colleagues have followed the practice of deception ever since the
days of Nathan Rothschild.
Thus, we come to the question of whether the Fed and its
chairman are or are not following the deception precedent established years ago
by the Rothschilds and still followed by them today. Of course, the Rothschilds and their
relatives are the primary owners of the Fed.
Thus, it is entirely plausible that Ben is following the wishes of his
real bosses—the Rothschilds, who own or control the big US banks in NY.
In that vein, is it possible that Bernanke’s publicity and
media hype over his alleged fears of a deflationary collapse were all acts of
deception put out for the consumption of the gullible suckers as Ben and his
secret masters were actually anticipating a hyperinflationary collapse?
The Summer
2008 Collapse of Many Commodities
We
all know what has happened since mid July 2008 when the Fed and its
co-conspirators began working overtime to collapse almost all of the commodity
markets—including gold, silver, oil, grains, softs, etc.
While
I have somewhat attributed many of these collapses to the fact that the fat
cats were short a lot of contracts and options which came due in Sep, I may not
have had it totally correct. While they
could be partly covering their short positions, there could be another sinister
reason also involved. Is it not possible
that indeed Ben and the ruling plutocrats are actually trying to create a controlled
deflationary collapse in commodities (along with a collapse in real estate) in
hopes of staving off a hyperinflationary collapse?
As
a minimum, the collapse this summer certainly has painted an alleged picture of
deflation whether it is true or not. To
this extent, it has supported the public’s perception of deflation. Certainly, the deflation message is now out
there in the public domain.
Maybe
the big boys indeed want to see a major deflationary collapse in commodity
prices here in 2008 and perhaps even continuing into 2009? We might even speculate that they foresaw the
credit mess in the bank and home mortgage field years ago and have planned and
implemented the credit contractions over the last couple of years in hopes of them
being able to save the system for themselves?
Of
course, if there should be a major deflationary fall in the US economy, it
would immediately open the door for the Fed and US government to go wild in dollar
spending to supposedly pacify the American people and make them think that more
spending means that recovery is just around the corner. Maybe this is precisely what the plutocrats
want. Surely, they believe that it will
not only save the banks; but perhaps even save the otherwise doomed dollar and
US bonds and IOUs.
Just
as these workers of evil have hurt the farmers over food production and
miners/drillers over the production of metals and oil this summer (when they collapsed
the prices at the producer levels), it has served to provide an artificial
boost to the otherwise sick and falling US dollar. In other words, the farmers, miners, etc have
been really screwed all the while that the banks and plutocratic bosses have
reaped undeserved rich rewards with a stronger US dollar.
Yes,
as long as the dollar stays up, the Fed can continue to protect and bail out
the big US banks and big mortgage companies.
And the US government can help in the bailouts and continue its pay
offs, bribes and interventions around the world to promote and protect the
interests of the international plutocrats as they continue their work on making
profits and establishing a new world order.
The Losers
In
this scenario, the only people who have been hurt are the farmers, miners,
drillers and commodity investors who believed in the logic and value of
fundamentals in owning the grains, softs, oil, gold and silver commodities in
order to protect themselves as we face an inflationary blow off.
In
other words, maybe the plutocrats are indeed directing everything going on
today in the markets with a view of further deceiving, cheating and screwing
the general US population (which includes producers and investors).
Hence
the little people in the US will be made to further pay for the vast profits
that the fat cats have been making since 1933 in fiat US paper and in the current
bail out efforts of the big banks by the Fed and US government. In a sense, it can be said that these current
bail outs are simply further transfers of whatever remains of US wealth from
the US commodity producers, investors and taxpayers to the fat cat plutocrats.
Yes,
on the basis of a fair and just system, the farmers/miners/drillers that work
and produce wealth should be entitled to a fair return on their capital investments
and their labors. This return should come to them as they sell their products
for a profit and thus increase their wealth.
The
same reasoning applies to investors who invest their capital into commodities
in order to reap some profits and increase their wealth in the long run (please
note here that I am addressing investors and not traders who merely buy and
sell with a view of a quick profit). It
is these investor investments which benefit the commodity producers and hedgers
as a type of insurance or protection to allow the producers to produce.
Thus,
the investors investing in commodities are likewise providing an essential
service in support of the producers.
Thus, their investments become a part of the production of wealth in the
commodities actually produced by the farmers, growers, miners, drillers, etc.
But
what has happened and/or is happening is that the plutocratic masters are
putting a squeeze on the producers and commodity investors as they manipulate
and depress commodity prices down to ridiculously low levels which absolutely
precludes producers and commodity investors from increasing their wealth in the
production of needed commodities.
Yes, Transfers
of Wealth
Thus,
what we have happening is that the producers and their supporting investors
both lose money (capital and wealth) by producing commodities of less/depreciating
value to the general population. Where
do these losses go? Why, they go as
transfers of wealth to the big banks and plutocrats who benefit from a stronger
dollar and stronger US paper.
Whereas
the big banks and owners of bad paper should have to bite the dust and pay the
piper, it works out with the market manipulations that the producers of wealth
have to bite the dust and pay the piper.
Actually,
what then happens is not only a denial of any increase in wealth to the
producers and commodity investors (to include gold and silver investors) but
also in the real world an actual decrease in their wealth.
With
his capital investment and the need to often borrow money to pay for this investment,
and with his huge display of hard work and labor, the producer will end up with
a net decrease in wealth in contrast to what should be a net increase. The same applies to commodity investors who actually
lose money or capital on their investments instead of increasing their wealth
thru profits and gains on their investments.
Therefore,
can’t the reader easily see that the crash of the commodity markets this summer
has taken wealth (in the form of profits and gain) away from producers and
investors in many commodities? So now,
where has the wealth gone?
Where the
Wealth Has Gone
Probably
there are two answers to where the wealth has gone as it was transferred away
from the producers and commodity investors.
The short answer for both is that all of this transferred wealth has
ended up in the pockets of the big banks and the plutocratic owners of the US
and the so-called West.
In
the first place, the fat cat banks and ruling plutocrats since 1933 have
enjoyed tremendous profits and wealth with the continuous inflationary
expansion of the money supply. In other
words, they have socked away fortunes because of the dishonest inflationary practices
of the US government and the Fed.
Now
while the American people have already transferred much of their wealth to the
super rich over the years, much of that wealth has come from the American
people in the form of IOUs. Yes, instead
of receiving gold, silver, commodities, and goods, much of that wealth has come
to the fat cats as IOU dollar bills and as IOU US government bonds, bills and
paper.
So,
as the Fed, the government and their plutocratic bosses are able to take wealth
away from the producers, investors, taxpayers, etc, that wealth is going to pay
off or make good the US dollars, bonds and paper that the plutocrat masters
have been taking in for years now. Thus,
US producers and investors are being cheated and defrauded in order to pay off and
make good the worthless paper dollars, bonds and IOUs still in the possession
of the big banks and ruling plutocrats.
Also, the
Present Tense Transfers
It
isn’t only a payoff in the past tense, but there is also a transfer of wealth
from the same producers and investors to the same banks and plutocrat rulers in
the present tense.
This
present tense thing is happening in two motions. First, the banks and plutocrat bosses are
holding huge sums of bad paper that they have taken in from home mortgages,
credit cards, real estate, etc which they still hold and show on their balance
sheets. Truly, this stuff is in a very
dangerous position and could collapse any day.
This
was true two years ago as well as last year when things allegedly did start to
unravel. This unraveling could have been
from the weight of the paper or it could have been engineered by the plutocrats
to forestall its later collapse. For my
part, I wonder if indeed the plutocrats did initiate the problems last year
with a gradual controlled collapse instead of a gigantic, unplanned, rapid
collapse as could have happened (which would then result in instant hyperinflation
from the mountains of debt).
Hence
this transfer of wealth from the producers and commodity investors as on-going
this year could be a further transfer of their labors and investments to the
banks and plutocrats now to cover all the bad mortgages, derivatives, etc that
they now possess in addition to the first payoff cited above for all the US government
dollars, bonds, bills, etc still held by them over the years from 1933 to the
present.
In
other words, what we have happening is that the producers and commodity
investors, who should be receiving a fair return (wealth) on their investments
and labors, are not getting it because it is being transferred to the big banks
and ruling plutocrats (1) for the unredeemed IOU US paper that they have accumulated
since 1933 and (2) for the current worthless mortgages, derivatives, etc that
they now possess.
Along
with the present transfer of wealth to the big boys to bail them out of their
bad mortgages, derivatives, etc, there is another benefit to the big banks and
plutocrats in the present tense. The
deflationary aspects of the commodity bust is, of course, benefiting the US
dollar which is used by these same plutocrats around the world to impose their
control over other nations besides the US and Britain.
It
is through the US dollar give aways (bribes) that the plutocrats gain control
over many nations in the world. Too, it
is the plutocratic ownership of the dollar which allows them to push the
controlled US government into numerous wars, revolutions, assassinations, and
intrigues around the globe which are designed to make even more profits and
control possible for the plutocrats in their dealings with various foreign
countries.
The How on
This Transfer
This
transfer is coming to the big banks and plutocrats in two forms. First, the Fed is keeping interest rates down
for the big boys. They can come in and
get all the money they want at a very low rate.
And if they should be still failing from their bad management practices
and bad loans made in the private domain, then the Fed and government will use
the transferred wealth to further bail them out for their losses.
As
just discussed above, the second transfer of wealth also occurs when the US
government continues to make bribes and pay offs around the world to initiate
assassinations, revolutions, wars and intrigues around the world to benefit the
plutocratic rulers of the US (this situation is described at length in Volume
XXII of “Ezekiel and YHWH’s Judgment for the Good News People”—at
www.age-end.com).
In
other words, to pay off and try to make good on the outstanding US government dollars,
bonds, bills, etc, held by the big banks and plutocrats, the producers, investors
and taxpayers are expected to ultimately lose everything they own. And the losses continue by transferring more wealth
from the same people to the same big banks and plutocratic bosses so that they
can continue to be bailed out and have more wars, revolutions and political
intrigues around the world.
Consequently,
in past years, US IOU paper was used to put money into the pockets of the banks
and plutocrats. The current transfer of
wealth from the producers to them allows them to make that US paper well and good. And furthermore, the current transfer of
wealth from the producers to the fat cats is also allowing them to bail out their
bad loans to the public and to continue their wars, revolutions and political
intrigues around the world.
But
the US debt structure has reached a dangerously high plateau which can invite a
total hyperinflationary collapse. I
suggest that the ruling plutocrats saw this situation years ago and have
initiated a series of steps to hopefully defuse it by forcing a measure of
controlled deflation upon the US economy.
Despite
a need for higher interest rates, much of the transfer methodology is now being
done by the Fed thru maintenance of low interest rates and by the Fed and
government in their periodic bail outs of the big banks and other institutions
owned by the plutocrats.
On
Sep 3d, in an email from me to Chris Mullen of Goldseek.com, I raised the
prospect of possibly another interest rate cut at the Sep FOMC meeting. I firmly believe that the big boys want more
interest cuts to further help them bail out their bad debts. Yet, I know that a weak dollar or
inflationary pressures should preclude further interest cuts. Thus, this deflationary fall this summer
should help the Fed if it wants another interest cut.
I
note that the Sep 8 issue of the International Forecaster also raised the same
possibility of an interest cut--either for the Sep or Oct meeting. And why is this possible? The answer is for the further transfer of
wealth from the US producers and investors to fat cats for the fiat dollars and
worthless paper they hold.
As
noted above, this transfer of wealth occurs when unjustified deflation is
forced upon the producers to make them absorb their costs and not allow them to
make a profit (create wealth) on their investments and labor.
Thus,
the artificially imposed deflation (in the commodity markets) drives prices
into a deflationary spiral down which robs and cheats producers and their
supporting investors. The very fact of
deflation paints a false picture of a strong dollar and strong bonds, bills, etc,
when this is simply not the real world.
Consequently,
there is a transfer of the wealth being created by the producers and their supporting
investors. This wealth goes to the big
banks and plutocrats who benefit from the strong dollar and US paper.
So,
are we in a deflationary spiral down? I
think the Fed and government would hope so and are trying to make it so with
their crash this year of the commodity markets.
As a minimum, commodity prices have been forced down into a deflationary
mode this summer.
But
there has to be a question on how long that they can keep this scam in place,
all the while that they continue to spend money madly and expand the money
supply into the heights of stupidity.
But Possible
Troubles
Surely,
there are a number of things which can go wrong and completely disrupt their plans. The most obvious problem that they face is
that they could lose control and things could rapidly unravel beyond their
capacity to use bubble gum and bailing wire to repair the damage and hold the
system in place.
Next,
there is the question of how much longer Japan, China, Saudi Arabia and other
big US creditors will put up with the plutocratic moves. Will they say—no more US IOUs?
And
thirdly, how about the producers? Will
American farmers, growers, miners, etc quit producing when they cannot get any
return (wealth) on their investments and labor?
If I was a grain farmer and I was faced with oats at $3.00 and corn at
$4.50 a bushel (and when it would simultaneously cost me $100 for a couple of
small bags of groceries), I think I would quit working and go on welfare.
Fourthly,
how about the inflation placed upon the economy by the retailers, wholesalers
and services generally? The plutocrats
are simply unable to move against these things without price controls which
they certainly do not want at this time (yet, price controls are ultimately
coming, perhaps in 2009 or 2010).
Many
of us are reaching the point that we cannot afford to drive an automobile
because of the huge costs involved in car insurance, licenses, repairs and
maintenance, gas prices, etc. While the plutocrats
have manipulated the cost of gas down this summer, they have done nothing on
the other stuff and their constant price increases.
Last,
the coming war with Iran is another stumbling block for their plans to continue
holding a deflationary profile. There is
no doubt in my mind, the US will attack Iran or as a minimum, impose a blockade—probably
this fall or if that fails, then early next year.
I
can see why the Republicans would like to have this attack delayed until next
year. Yet there are enormous plutocratic
pressures on Bush for him to go ahead with an Iran war in the coming days, and
possibly even before the US elections in Nov.
Since Bush has been bought and paid for, as is true with the other
leading US politicians, he will do as he is told (besides, Bush Junior personally
loves war as he has already proven).
In
order to keep their deflationary plans alive, it might be that the plutocrats
anticipate a quick Iran war with little or no impact upon the US and the US
economy and financial structure. Too, it
might be that they are willing to accept a set back in their plans for a short
time before reinstituting their deflationary move in the US economy. It’s hard to say what rational will govern
their thinking as they contemplate their US attack on Iran.
But
suppose Iran does successfully counterattack the US assault—like maybe sinking
part of the US fleet and/or carrying out some strong terrorist attacks in the
US. If this should happen, it could
really upset the apple cart for the plutocrats and their plans for continuing
to transfer the wealth of the US producers, investors, taxpayers, etc to the
big banks and ruling plutocrats.
The
place we come to is that while the plutocrats are in the driver’s seat
presently, some things can go wrong and completely upset their plans. Yes, they can lose control. If they do lose control, for whatever reason,
we can be assured that the deflationary days are largely over (unless they
survive somewhat for some real estate [like commercial property, which does not
have a good future in the US], automobiles and the like).
Summation and
Conclusion
By
late 2006, it was clear to the ruling plutocrats that they had some problems on
hand in the US economy. They were
committed to ever more frequent wars which were costing vast sums of money all
the while that the US dollar was plunging in value and the US state was on the
verge of a hyperinflationary bust.
On
the inflation front, the biggest problem was manifestly the home mortgage
business (which was plagued with shaky loans to unqualified persons) that was
being kept afloat with constantly rising real estate values. The rising real estate values were creating
the certainty of coming hyperinflation.
Huge new government spending programs for war would only exuberate and
intensify the problem.
While
the ruling plutocrats are extremely evil people, they are not stupid. They had a developing mess on their hands in
late 2006. They had to take action and
chose to do so by trying to create a controlled deflationary cycle.
My
guess is that they started in late 2006 or by early 2007 with efforts to
tighten up home mortgage loans and decrease the exploding inflation in the real
estate markets.
While
gullible people have believed that the events of 2007 were accidents and chance
occurrences, I take the position that they were planned and implemented by the plutocrats
thru their lackeys at the Fed, in the government, at the big banks, with the
media, etc. With their focus on real
estate in 2007, they sat back and allowed further dollar erosions and even some
inflation elsewhere in the US economy.
By
Passover in 2008, they focused their attention to the dollar and developing
inflation in the commodity markets.
Their plans then turned to dealing with these issues.
They
reacted by literally crashing the commodity markets in several stages starting
in March and continuing on into Sep 2008 (this situation and the collaborating
work of the other plutocrat controlled central banks has indeed temporarily rescued
the US dollar and sent it higher).
Surely,
they are not finished yet. More controlled
commodity busts are on schedule. My
guess is that they will continue off and on (yes, oscillating ups and downs so
the manipulators can make gobs and gobs of money from the periodic
oscillations) thru Sep-Oct and perhaps even into Nov and early Dec before the
winter seasonal effect surfaces in late Dec.
Strangely
enough there is a paradox in this whole exercise. The ruling plutocrats are taking out their
spite by punishing the futures markets (and may largely destroy much of their functioning),
farmers and miners, investors, taxpayers, etc, as if these entities are to
blame for the mess in the US economy, instead of themselves.
Of
course, the truth is that we are near a hyperinflationary bust because of their
big spending habits from 1933 until today.
They (thru their lackeys at the Fed, the government, the big banks, the
controlled media, etc) have caused inflation thru their constant expansion of
the US money supply. And they want a new
round of money expansion in order to finance more new wars. This will create incredible new inflation
down the road. It is impossible to
avoid.
So,
the question we must address is—can they pull the present deflationary scam off
before they lose control and hyperinflation sets in?
For More
Reading/Information
For more reading on this issue, the
reader may wish to check these sources:
The bestseller: “None Dare Call It
Conspiracy,” by Gary Allen and Larry Abraham, first published in 1971, still
available on eBay, Amazon and other book outlets.
“Tragedy and Hope,” by Carroll
Quigley. At the 1992 Democrat
Convention, Bill Clinton’s acceptance speech cited Quigley as Clinton’s mentor.
An Internet presentation on the
Plutocrats, at Volume XXII of “Ezekiel and YHWH’s Judgment for the Good
People,” at
www.age-end.com on the net.
The
author is not involved in the securities or financial market business and has
no financial interest in presenting the information herein. Thus, the preceding information on this
subject is presented for general information only and not for purposes of
investment advise or recommendations.
What the reader does on investments is his own personal decision and
responsibility.
Finally,
the writer of this series is a retired CPA, living in the Idaho Mountains, and
still optimistic for the future of gold and silver. He is also a veteran of the Korean and
Vietnamese Wars.
Disclaimer: None of the above is for investment advice.
It is for information purposes only.
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