Analysis of News—www.analysis-news.com
Of Interest to Investors, Survivalists and Others Concerned
About Their
Economic and
Financial Futures
__________________________________________________________________________________________________________________
With
a focus on the Plutocrats, Goldsmiths, Super-Rich Insiders, and their Allies
and
what they are conspiratorially doing to
manipulate the financial markets, make more
profits, rip us off and install a world government under
their control
The Goldsmiths—Part XCVI
By R. D. Bradshaw
If
you were in a position of power and wanted to increase the value of the US
dollar and decrease the price/value of gold, silver and other commodities, what
would you do? Well, for most of us, the
issue would be totally out of the question simply because we lack the means and
power to even begin such an undertaking.
But for the Rothschild Cabal, centered in the City, in London, this
course of action is indeed very plausible.
Thus, for the Cabal, it was no trick or miracle that it could take the
US dollar at 71 on the index, in the spring of 2008, and run it up to 89 in
late 2008 while crashing gold, silver and other commodities.
In
previous Goldsmiths, and in the analysis of news at www.analysis-news.com, I have discussed at some length how the Cabal successfully
pulled this scam off. While many of us
knew the Cabal and its controlled puppets at the US Fed and other central banks
were practicing this skullduggery, we didn’t have the details. Perhaps one of the better revelations of how
some of this scam was accomplished came out in some detail with the Fed’s
financial statements for CY 2007 and 2008 in April 2009.
This
release prompted the Goldsmiths 84 which discussed the revelations of how
extensive the Fed was busy pumping up the dollar with currency swaps with
various nations (actually with the central banks of the nations involved). These swaps were evidently started in late
2007 with swaps with the ECB and Swiss National Bank. The total at the end of 2007 was $5,570
million and $138,622 million on Dec 31, 2008.
These swaps were conducted in addition to the normal practices of the
various central banks to buy and sell foreign currencies.
But
the problem most of us would face, even if we could envision this type of skullduggery,
would be that we simply don’t have the power over the various central banks to
make them do anything one way or the other.
But for the Rothschild Cabal of super rich bankers in London, this was a
non-issue because these plutocrats not only control many of the nations of the
world but they own/control many of the central banks in the world.
If
you own or control a central bank, it is manifestly clear that you can simply
order that bank to buy, sell or swap a particular currency. And that’s what happened with the ECB and
other central banks in Britain, Asia and other parts of the world. They were ordered to support and make the US
dollar valuable when in fact the people in those nations knew that its value
was sharply falling day by day. In many nations,
the man on the street would often refuse to take dollars in trade.
Well,
given that the Cabal had engineered and set this motion in place, clearly in
2008, it was not hard for some of us to perceive that the effort would
eventually fail and the real world of real people would take over to reverse
the trend. For my part, I always
believed that the spike up in the dollar in Jul-Aug 2008 and thereafter was a
very artificial move which would not last.
My position has been that it would start to fall in 2009 and accelerate
in 2010. That is still my position.
LEAP
But
others also began putting two and two together and concluded about the same
thing. While some of the so-called
investment advisory services exist by plagiarizing and stealing ideas from
others, there are some few out there who do some original, independent thought
and analysis. Here I will mention the
work of a team of analysts in France who report their views at LEAP2020.eu. In the Goldsmiths and news at www.analysis-news.com, I have quoted them a couple of times.
A
visitor to their website at this time (as I did on August 14th) will
find the following statement: “When China prepares its « Great
Escape » from the dollar-trap for the end of summer 2009 - Excerpt GEAB
N°34 (April 16, 2009) - LEAP/E2020 believes that the next stage of the crisis
will result from a Chinese dream.
Indeed, what on earth can China be dreaming of, caught – if we listen to
Washington – in the ‘dollar trap’ of its USD 1,400-billion worth of
USD-denominated assets?”
This
backdrop on April 16, 2009 prompted LEAP to follow up in June with its report
No 36 which restated its position as follows:
“As anticipated by LEAP/E2020 as early as October 2008, on the eve of
summer 2009, the question of the US and UK capacity to finance their unbridled
public deficits has become the central question of international debates, thus
paving the way for these two countries to default on their debt by the end of
this summer.
“At this stage of the global
systemic crisis’ process of development, contrary to the dominant political and
media stance today, the LEAP/E2020 team does not foresee any economic upsurge
after summer 2009 (nor in the following 12 months). On the contrary, because
the origins of the crisis remain unaddressed, we estimate that the summer 2009
will be marked by the converging of three very destructive « rogue waves »,
illustrating the aggravation of the crisis and entailing major upheaval by
September/October 2009. As always since this crisis started, each region of the
world will be affected neither at the same moment, nor in the same way.
However, according to our researchers, all of them will be concerned by a
significant deterioration in their situation by the end of summer 2009.”
LEAP
then goes on to define the three waves by the summer of 2009 as being:
1. Wave of massive unemployment:
Three different dates of impact according to the countries in America, Europe,
Asia, the Middle East and Africa.
2. Wave of serial corporate bankruptcies:
companies, banks, housing, states, counties, towns. 3. Wave of terminal crisis for the US Dollar,
US T-Bond and GBP, and the return of inflation.
Thus,
the position of LEAP seems to be sayonara for the US dollar by the end of the
summer of 2009. Since summer doesn’t end
till around Sep 21, that forecast can easily come true. Frankly, I too expect the dollar to become
history in the coming days, but I doubt that it will happen by Sep 21st. Again my position is that starting this fall
the dollar will start an appreciable decline which will follow through in the
coming months and culminating in 2010.
But
the mention of LEAP and its forecast is not so much on the dating although
accurate dating is the crux of the problem.
Dating is no easy proposition. I
am amazed at the number of so-called analysts who brag and boast about their
forecasts. But in checking them out, it
is usual that they come along after an event takes place and claim that they
knew all about it and predicted it in advance.
Anyone curious enough to go back and look at their exact words will usually
find nothing in the vein of any definite positions on anything. LEAP has done this. LEAP has come out with definite
predictions—right or wrong.
In
any case, depending on the accuracy of LEAP, it has had the guts to take a
stand and offer its best predication on an event which is manifestly coming
down the pike. I applaud LEAP for that
measure of courage and forthrightness.
So, could the dollar collapse (and the explosion up in gold, silver and commodities)
occur by Sep 21st? Well, I
doubt it; but it must be on the table of possibilities. But I would allow that this coming change
could be very close after Sep 21st.
The Bank of Israel
Yet,
there is another source out in the world which also gave us a clue a few days
ago that the day of reckoning is very close for the US dollar. Here, I refer to the Bank of Israel and its
head, Stanley Fischer. Like the other
nations and central banks owned/controlled by the Rothschild Cabal of fat cat
bankers, Israel and the Bank of Israel get its marching orders from London (the
same as Europe, Britain, Canada, Australia, New Zealand and the US).
And
while we may wonder to what extent the Cabal tips off and keeps its colleagues
and cousins informed in the US and Europe, there is no doubt about it
whatsoever. Stanley Fischer and his bank
have a hot line to the Cabal in London.
I am absolutely assured that when the Cabal decides on a move, Fischer
is one of the first persons tipped off and informed.
While
there may be some debate as to whomever else the Bank of Israel tips off (I
personally believe that it does share intelligence with key brokers in Tel Aviv
and elsewhere as desired), Fischer knows what’s coming down the pike. He may or may not make any public statements
or allow the Rothschild Cabal media to report on what the Bank of Israel is
doing. But HE KNOWS!
Anyway,
the Jerusalem Post had stories on developments at the Bank of Israel on August 3-6
this year. The important one, on Aug 3d,
was by Sharon Wrobel on “Bank of Israel Halts Dollar
Purchase Program.” It said: “The Bank of Israel on Tuesday will stop its
program of buying $100 million on a daily basis but reserve the right to
intervene in the foreign-currency market, the bank announced Monday.
“ ‘As
already announced [last Monday], the Bank of Israel will act in the
foreign-exchange market in the event of unusual movements in the exchange rate
that are inconsistent with underlying economic conditions, or when conditions
in the foreign-exchange market are disorderly,’ the central bank said in a
statement. ‘The new operating policy of the Bank of Israel in the
foreign-exchange market will provide a better response to the economy's needs.’
“The central bank
said it would discontinue its program of daily purchases, which began in July
2008, because the targeted level of foreign-currency reserves had been
achieved. Foreign-currency reserves stood at $52 billion at the end of July;
the target set by the central bank in November was between $40b to $44b. Following the announcement, the dollar
dropped 1 percent to NIS 3.87. The Bank
of Israel said it could now buy or sell foreign currency in response to
exchange-rate movements.”
The story added a
quote from Tal Avda, deputy head of investments at Clal Forex: “The governor of the Bank of Israel's
announcement is maybe the most expected surprise seen in the capital market in
a long time.” Last week, Fischer said
the central bank could not beat the market in the long term and would not
continue to buy foreign currency indefinitely.
In determining its new intervention policy in the foreign-exchange markets,
the bank said it would consider a number of factors, including: the level of
economic activity, in general, and the export situation, in particular; the
level of inflation; financial stability; and the functioning of
foreign-exchange markets.
The story also quoted
Israel Export Institute director David Artzi who said the new policy was the
right way to cope with the amount of speculators active outside the country
making big gains in a short period of time, while helping to strengthen the
shekel, which is causing great losses for exporters, since intervention will now
be more uncertain.
The
JP report on the 6th added “Dollar purchase program won’t last
forever, exporters beware – Fischer.”
Wrobel quoted statements made by Fischer to the Israeli Knesset Finance
Committee in which he said “During the recession we had an impact on the exchange
rate, and as result our recession was shorter than the global one.” Here, please note Fischer’s admission that
his bank had an impact on the exchange rate of the dollar (yes, it helped move
it from 71 to 89).
In Wrobel’s story on Aug 5th,
she noted that the Bank had bought several hundred millions in dollars on Aug
3d and 4th. Wrobel’s Aug 6th
story added that since the bank of Israel started to buy foreign currency in
March 2008, to help stem the dollar slide, foreign-currency reserves have been
pumped up to $52 billion at the end of July, up from $32 billion in July last
year (yes, the bank had the job of helping to stem the dollar’s decline).
This Aug 6th report went on quote
Daniel Tenengauzer, an analyst at Bank of America-Merrill Lynch, which noted
the Israel dollar purchase program and said that instead of weakening the
shekel, the central bank's dollar-purchase program has supported the shekel. He noted that "Ironically, the
dollar-purchasing program initiated by the central bank has contributed to
strengthening the country's macro fundamentals, through an improvement of the
foreign-currency reserves position.” He
added "We are now bullish on the shekel, as we think that Israel is
well-positioned to exit the crisis on a strong footing."
The story also added that the Bank
of Israel recently announced that it would stop buying government bonds. It was not clear in the story which bonds were
being addressed but it appears that the Bank had been buying US bonds and would
now stop.
The
essence of these Wrobel stories is that in March 2008, the Bank of Israel began
supporting the US dollar in the currency markets by buying dollars. These purchases accelerated to $100 million
daily in July 2008 (and on some days, the purchases were even larger than $100
million). The original target level of
dollar accumulations was $40-44 billion.
Yet, by July 31, 2009, the total had reached $52 billion. This prompted the bank to say that it would
now discontinue its daily purchase program (although it may still buy US dollars
periodically). Since the big boost in
the dollar came in Sep 2008, is it not now clear that the Bank of Israel had
previous information on what to do in the currency markets?
Since
the US dollar was at a low of 71 in the spring of 2008, the dollar purchases
starting then were a bonanza to the Bank of Israel because the dollar started
up (from the purchases and swaps in Europe, Asia, Israel, etc) and reached
almost 90 by the winter of 2008-2009. In
other words, persons or banks buying dollars at its low made a barrel of money
from mid 2008 to mid 2009. Conversely,
people buying gold, silver and other commodities lost their pants.
The Bottom Line
While
LEAP may or may not be right on the dollar by the end of summer, it has to be
significant that some of the most informed players in the world on the work of
the Rothschild Cabal has stopped its daily purchases of dollars and possibly US
bonds as well. This is a clue that the
Bank of Israel may be getting some Rothschild insight on which way to
move. Right now, the future doesn’t look
good for the US dollar and bonds. This
will translate to better days for gold, silver and commodities in general.
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Besides the revelations contained in the Goldsmiths’
articles, the work of the plutocratic financial market manipulators to
conspiratorially manipulate and control the financial markets (to make more
profits and install a world government under their management) is also
addressed at length in the periodic analysis of the news and in other articles
produced at www.analysis-news.com. This website has an article of interest to
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why they succeed and how to follow their manipulations.
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