October 4, 2009...4:09 AM

Buying Gold Kills the FED & NWO.

Jump to Comments

Benjamin Fulford writes in both Japanese and English on political and economic issues. He’s an intelligent man.  Still, it’s sometimes hard to tell if Mr. Fulford has the gift of prophecy or is simply a “loose cannon”.   Mr. Fulford has recently written a couple of commentaries that predict the Federal Reserve could cease to exist within the next six months.

The Fed might die?! Why . . . why that’s economic blasphemy! That’s . . . that’s about as crazy as . . . as predicting in the 1980s that the mighty “evil empire” of the Soviet Union would soon disintegrate.  Surely, the almighty Federal Reserve is “too big to fail”.  Besides, if the Fed failed, the entire US economy would tank, too, right?

Mr. Fulford rejects such thinking.  He believes that “With a smooth transition to a new financial system [based on a gold-backed currency], the American people will be able to get on just fine.”  More, “Since the Federal Reserve Board and Washington D.C. are [private] corporations that have nothing to do with the constitutional United States of America, if they go bankrupt, the constitutional government of the US would not owe that money.”

Mr. Fulford warns that “It’s the Feds, with their threats of violence and plots of terror in a desperate attempt to keep power, who are dragging the US into chaos. Their solution is to force the American people to pay off the Fed debts over a period of hundreds of years. . . .  Folks in the military and other agencies need to ask themselves if they are patriots—or enforcers of debt slavery.”

“The Feds are not going to go quietly into the night—but they are going to go. . . .  A new financial system has been designed . . . .There will be no one-world government and no one-world currency.  All humans will be freed from centralized control. . . . The Feds have already been running a secret New World Order regime, complete with a one world currency falsely labeled as the ‘US dollar’. . . .  Sources in MI6 say the deadline is September 30th and that there will be signs of the end of the Fed on October 7thand 27th followed by a chaotic November. The Fed might manage to cling to power for a few months after that event.”

Mr. Fulford’s predictions are exhilarating and fantastic and have the ring of crank as much as prophet.

But Fulford is not alone.  For example, the New York Times reports that Robert B. Zoellick—president of the World Bank—recently said that America’s days as an unchallenged economic superpower are numbered and that the dollar was likely to lose its favored position.

Mr. Zoellick’s statement is not, in itself, as intrinsically fantastic as Mr. Fulford’s predictions.  But Mr. Zoellick’s statement is every bit as astonishing, since Zoellick is president of the World Bank.  As a globalist “team player,” the president of the World Bank should not dare to publicly criticize the US dollar (actually Federal Reserve Note).  After all, when you criticize the Federal Reserve Note (FRN), you are implicitly criticizing the FRN’s source:  the almighty Federal Reserve.

Zoellick’s criticism suggests that the Federal Reserve has recently lost so much power and prestige, that it’s no longer above reproach or “too big” to fail.  Zoellick didn’t actually say so, but his warning implied that predictions of a Fed failure are no more fantastic than predictions in the 1980s that the USSR might soon implode.  However unlikely, the president of the World Bank has implied that collapse of the Federal Reserve System is possible.

Then there’s Congressman Ron Paul (R-Texas) who’s waged a one-man battle against the Fed for most of a generation.  Congressman Paul’s persistence has resulted in HR 1207—the proposed “Federal Reserve Transparency Act” that will mandate the first public audit of the formerly “private” and secretive Federal Reserve.  This Act is currently co-sponsored by 245 Congressmen.

As I read politics, just two years ago, it was remarkable for even one Congressman (Ron Paul) to dare to challenge the Federal Reserve.  Today, the fact that 245 Congressmen have joined that challenge does not simply indicate that a “ Fed audit” is an “idea whose time has come” but instead reflects an enormous loss of the Federal Reserve’s former power.  Seeing Federal Reserve is already “down,” Congress has become brave enough to kick it.

The question is:  How far down can the Fed fall before it’s “kicked to death” and ceases to exist?

Congressional willingness to play “kick the Fed” confirms that the Fed is vulnerable and could conceivably cease to exist in the near future.  While Fulford, Zoellick, Paul and Congress claim or imply that the Federal Reserve will, may or should be terminated, the world increasingly rejects FRNs by clamoring for a new “global reserve currency”.  As the world rejects the FRN, its value—which, since A.D. 1971, has been based on its primacy as the only “global” currency—must fall significantly and perhaps fatally.

In A.D. 1971, the Nixon administration closed the “gold window” by refusing to redeem foreign-held “dollars” (actually FRNs) with gold.  But almost simultaneously, the Nixon administration negotiated deals with Saudi Arabia and then OPEC to guarantee that virtually all international trade in crude oil would be executed exclusively in FRNs.

Oil is the life blood of the global economy, so virtually every nation needs crude oil.  So long as crude oil could not be purchased without FRNs, every nation needed FRNs.  This international demand for FRNs allowed the US to run up huge trade deficits and, more importantly, gave an illusion of “value” to paper FRNs that actually had no intrinsic value.  Thanks to Nixon, the paper and digital FRNs (no longer backed by gold or silver) were implicitly “backed” by the world’s oil.  More importantly, the world became dependent upon FRNs and implicitly subservient to the FRNs’ source:  the Federal Reserve.  Those who made the FRNs, made the rules.

Then, about A.D. 2000, Saddam Hussein had the audacity to start selling Iraq’s crude oil on the international market for paper or digital euros.  In doing so, Saddam threatened the economic primacy of the almighty FRN, the power of the Federal Reserve itself—and, I believe, the validity of the one-world currency needed as foundation for the New World Order.

On September 11th, A.D. 2001, shortly after Saddam started selling oil for euros, aircraft struck the Twin Towers of the World Trade Center.  Those Twin Towers were later felled by forces that looked suspiciously like “implosions” caused by internally-placed explosives.  To this day, roughly half of the American people suspect that the Twin Towers—and especially “Building 7”—were imploded by explosives that could not have been placed by Bin Laden and his “terrorists” and that therefore, 9/11 was an “inside job” sanctioned by the Bush Administration.

In March of A.D. 2003, (eighteen months after the 9/11 attacks), under the pretexts that 1) Iraq had somehow assisted in the 9/11 attack; and 2) Iraq was concealing “weapons of mass destruction” (WMD), President George W. Bush invaded Iraq.

Immediately after the invasion of Iraq, the US forces replaced the Iraqi currency (backed by gold) with a flood of paper FRNs (backed by nothing).  The US also found, tried and then hung Saddam Hussein as some sort of “monster”.

The truth is that no matter how “monstrous” Saddam may have been, the reason we invaded Iraq was not to avenge 9/11, find WMDs, overthrow a “monstrous” dictator, or grant Iraq the “blessing” of democracy.  We invaded to protect the global primacy of the paper Federal Reserve Note used as a one-world currency and foundation for the New World Order.

But the invasion was too late.  Once Saddam started selling oil for euros, other oil-producing nations dreamed of doing the same.  Iran tried to set up a “bourse” to sell Iranian oil for euros, Chinese yuan and Japanese Yen.  The U.S. responded by threatening to bomb and invade Iran, so Iran temporarily relented.  But as the US became increasingly mired in Gulf War II and our military “super-power” was exposed as less than super, the world began to see that the US could no longer enforce the world’s dependence on Federal Reserve Notes.

Result? Today, numerous countries, including Iran, Russia and Japan are routinely buying and selling crude oil with currencies other than Federal Reserve Notes.

Result?  As illustrated by the US Dollar Index (actually, the FRN index), the purchasing power of the FRN has fallen by 37% as compared to the euro (another paper currency whose purchasing power is also in a near-constant state of decline).  Despite heavy manipulation of the gold market for the purpose of suppressing the price of gold, since 9/11 the purchasing power of the FRN has fallen by about 70% as compared to gold.

About three years ago, Leonid Brezinski—former National Security Advisor for Jimmy Carter and one of the principal advocates for the New World Order—expressed his outrage at the G.W. Bush administration’s handling of Gulf War II.  Brezinski castigated Bush for “setting the New World Order back by at least twenty years”.

Brezinski didn’t explain the reason for his outburst, but let’s suppose that:

1)  After WWII, and especially after A.D. 1971, the FRN did, in fact, become the “one-world currency” required as foundation for a New World Order;

2)  The FRN was so essential to the New World Order that Federal Reserve System might be the “New World Order”;

3)  After A.D.1971, the paper FRN became implicitly backed (and thereby given “value”) by international agreements that virtually all international sales of crude oil be executed with FRNs;

4)  In A.D. 2000, Saddam Hussein threatened the FRN’s global-currency monopoly by selling Iraq’s crude oil for euros;

5)  Determined to protect the NWO, the G.W. Bush administration was compelled to invade Iraq and destroy Saddam Hussein as warning to other oil-producing nations wanting to sell crude oil for currencies other than the FRN;

6)  To justify an invasion of Iraq in the minds of the American people, the Bush administration needed a dramatic pretext—like an attack on the USA;

7)  On September 11th, A.D. 2001, four commercial aircraft were high-jacked, and four buildings were damaged or destroyed in an attack officially attributed to Muslim “terrorists”—but regarded by half of all Americans as an “inside job” executed by the Bush administration;

8)  Eighteen months later, in March of A.D. 2003, the US invaded Iraq to supposedly “avenge” 9/11—but really to force Iraq to sell its oil for FRNs and terrify other oil-producing nations into continuing to sell their oil only for FRNs;

9)  The US became too mired in the Iraqi war to invade other oil-producing nations that might sell their crude for currencies other than FRNs;

10)  No longer terrified by the threat of invasion by the “mighty” US military, other oil-producing nations began selling their crude for currencies other than FRNs;

11)  The illusory “value” of the paper FRN started falling precipitously;

12)  As the FRN’s value fell and became unpredictable, global trade (the essential justification for a New World Order) diminished dramatically—without a stable value for the “global currency,” global trade became too dangerous to continue ;

13)  Global and US economies nearly collapsed;

14)  The world rejected the FRN by crying out for a new “global currency”;

15)  In the wake of the decline in the need for, and value of, the FRN, the formally mighty Federal Reserve became increasingly impotent, irrelevant and vulnerable;

16)  In A.D. 2009, 245 Congressmen expressed their contempt for the Federal Reserve by sponsoring a bill to audit the Fed;

17)  Without the Federal Reserve’s stature as “home of the one-world currency,” the New World Order began to melt away like a Wicked Witch drenched with a bucket of water.

Under this hypothetical scenario, you can see why globalists like Leonid Brezinski would complain bitterly about Bush’s handling of Saddam Hussein’s threat to the FRN, to the Federal Reserve and to the New World Order.  IF the Bush administration really caused the 9/11 attacks as pretext to invade Iraq, and Bush then allowed US forces to become mired in the Iraqi War, it could be argued that Bush screwed everything up so badly, that he literally doomed the FRN, the Fed and the New World Order.  (Technically, the globalists ought to whack GW, just to teach him a lesson.)

Tis an ill wind that blows no good, hmm?  It could be argued that the globalists who appointed G.W. Bush as candidate for the Presidency, may have unwittingly destroyed the globalism and the New World Order.  Perhaps God is in control, hmm?

Heh, heh, heh.

Properly understood, anyone who currently invests in gold is not betting against the “US dollar” but is instead betting against the continued “value” of Federal Reserve Notes and implicitly betting against the continued existence of both the Federal Reserve System and even the New World Order.

English journalist Ambrose Evans-Pritchard recently wrote that “China has issued what amounts to the ‘Beijing Put’ on gold.”  As a result, “You can make a lot of money investing in gold, but you really can’t lose.”  Evans-Pritchard explains:

“Mr. Cheng . . . former Vice-Chairman of the Communist Party’s Standing Committee . . . . appeared to validate the long-held belief of gold bugs that China has fundamentally lost confidence in the US dollar [actually, FRNs] and is shifting to a partial gold standard through gold reserve accumulation. . . .

“Mr. Cheng said, ‘When we buy gold, the price goes up. We have to do it carefully so as not stimulate the market.’  In other words, China is buying gold on the dips, and will continue to do so as a systematic policy.   Cheng’s comment is consistent with gold price action. Every time it looks as if the bullion market is about to buckle, some big force steps in from the unknown and gold is essentially prevented from a significant fall in price.  Investors have long-suspected that the mysterious ‘big force’ was China.

“In fact, Beijing has doubled its gold reserves to 1054 tonnes.  The steady rise in the price of gold over the last eight years to $994 an ounce last week—outperforming US equities fourfold—has roughly tracked the emergence of China as a superpower in foreign reserve holdings (now $2 trillion).

“Mr. Cheng (and Beijing) takes a dim view of Ben Bernanke’s monetary experiments at the Federal Reserve.  ‘If they keep printing money to buy bonds, it will lead to inflation, and after a year or two the dollar [actually, FRN] will fall hard. Most of our foreign reserves are in US bonds and this is very difficult to change, so we will diversify incremental reserves into euros , yen, and other currencies.”

Recognizing that the monetary issue is not about “US dollars” but really about FRNs, you can see that China is critical of FRNs, of the Federal Reserve System and even New World Order—and expresses its antagonism for those entities every time it trades in alternative currencies or buys gold.

Same is true for you folks.  Every time you buy a gold (or silver) coin you’re discrediting FRNs and striking a blow against the Federal Reserve and against the New World Order.  Your occasional purchase of a mere ounce of gold may not seem like much of a “blow” to the Fed and NWO.  But collectively, millions of ounces of gold and silver are being purchased and thus millions of small blows are being struck against the Fed and NWO.  Millions.

Can the Fed and NWO survive this “death by a million ounces”?  Or is Benjamin Fulford right to predict that the Fed could disappear in A.D. 2010?

And, for that matter, might I be right in predicting that the fall of the Fed will virtually destroy the New World Order?  No global currency = no global government = no NWO?

It’s hard—but not impossible—to imagine that the Fed might cease to exist in A.D. 2010.

But who can say?  Perhaps the next ounce of gold you buy will be the “ounce that breaks the Fed’s—and New World Order’s—back”.

Kinda gives you a warm, fuzzy feeling, no?

7 Comments

  • Greetings Al, Check the Brezinski name. Jim

  • Could it not also be said Silver too is striking the beast. Albeit with perhaps a .22 round as opposed to the .50 Cal round Gold represents.

  • Hey Alfred,

    Your radio show on Discount Gold and Silver Trading this past Tuesday explained the terrible outcome of a dollar crash and US Hyperinflation. You suggest to invest in ‘tangible’ property. Other than Gold and Silver Coins, how do you stack rank the rest? Property doesn’t seem tangible, especially if we’ll have a deflationary aftermath, and given property taxes, this is a tough bet to make. What other investment vehicles do you see as ‘tangible’ possibilities for the next 5 years?

    • So far as I know, all economic depressions are characterized by price deflation. That is, the prices of virtually all tangible items such as land, homes, food, commodities and also intangibles like labor, etc. fall.
      The correlative of price deflation is an increase in the purchasing power of money. Deflation and the purchasing power of your “money” are inversely proportional. When one goes up, the other must go down.
      I.e., suppose an acre of land cost $5,000 before a depression and price deflation occurred. After/during the depression/deflation, the price of that acre of land might fall to $1,000 or even less. Thus, during a depression, cash is king since the purchasing power of your money grows as prices falls. In the example, where it once took $5,000 to buy an acre of land, it now takes only $1,000. Each individual dollar thus has 5 times more purchasing power as it used to.
      Again, during the Great Depression “cash was king”. A little money would go a long ways. But during the Great Depression, our “cash” was not mere fiat paper currency as is the case today. During the Great Depression, our domestic dollars were still backed by silver and our foreign, international-trade dollars were still backed by gold. Thus, during the Great Depression, “cash” was actually silver or gold.
      I believe that if we slide into another Greater Depression, once again “cash will be king”. But I don’t believe that our current PAPER dollars will continue to be deemed to be “cash”. In the next Depression, I believe paper money will be rejected as an absurdity.
      Therefore, I suspect that in the event of another Depression, gold and silver will necessarily come to be recognized as the only real “cash”. If I’m right, then in the midst of the next Greater Depression, while the prices of all other tangible properties and goods (land, cars, food, commodities, etc.) will fall, the purchasing power of gold and silver (cash) will necessarily RISE.
      If my analysis is correct, gold and silver will be the only tangible substance or thing that actually rises in value (purchasing power) during a Greater Depression. The price of all other tangibles will fall, the paper dollar will be largely rejected, and gold and silver will be the “cash” that is “king”.
      If I’m right, you want to stock up on all the gold and silver you can buy, beg or borrow (I don’t recommend stealing).
      So how do I rank the rest of the tangible investments (land, commodities, etc.)? I rank them as better than paper promises to pay (debt instruments like stocks, bonds, pension funds, bank account books and paper dollars). But I rank them as poor seconds to gold and silver.

  • thank you. I concur. My only worry is what to do with actual FRN’s. If half of your portfolio is in gold coin and half in FRN’s now, what would you do with the FRN’s? Doesn’t seem prudent to be 100% gold coins….

  • I can’t give you prophecy. I don’t know and can’t know exactly what might be the best investments. But if it’s true that we’re heading into a depression characterized by serious price deflation, where “cash” (in my opinion, gold & silver) will be “king,” then it follows that you’ll want to hang onto your “cash” as long as possible. I.e., the farther into the possible “Greater Depression” that we go, the more your “cash” (gold & silver) will purchase.

    This implies that you might do well to invest your current paper dollars in tangible things that will be PRODUCTIVE during a significant downturn. Tools. Land that can produce food. A small business that performs some service that will remain essential even in a downturn. If you have some service that you can provide to others as barter during a “Greater Depression,” that service will reduce your need to spend any of your gold.

    For example, no matter how depressed the economy might become, people are going to need water. If you 1) know how to jury-rig plumbing to make things work; and 2) HAVE THE TOOLS required to make such repairs–then you’ll inevitably have some business. It might not be much, but it might be enough to feed your and your family.

    What can YOU do? Maybe you know carpentry, or plumbing or electrical wiring or electronics. But you personally own the TOOLS (as Karl Marx would say, “the means of production”) needed to do your job? Lots of people have jobs and know how to perform useful services, but they are employees and don’t own their own tools. If they are fired or their employer goes bankrupt, these people will be helpless. Knowledge without tools (“the means of production”) is often impotent.

    You can be the best plumber in the world, but how can you fix a broken pipe without some tools?

    If tough times, you must personally own and possess the TOOLS needed to provide some meaningful service to others. “Tools” (“means of production”) can come in many forms: wrenches, hammers, diagnostic equipment, land that will grow crops or livestock, factories, pickup trucks with utility bodies, backhoes, surveyor’s instruments–the list is endless.

    If you don’t own your own TOOLS in a Depression, you probably can’t be PRODUCTIVE. You will be lucky to find a job and you’ll have to take whatever wage is offered by a man who owns the necessary tools. If you have your own tools, you can PRODUCE.

    Again, I’m not offering prophecy. I’m simply saying that IF a “Greater Depression” is in our near future, you will want gold, silver and PRODUCTIVE capacity. During a real Depression, PROMISES will not feed you. People will want real “payments” if only in terms of real services before they’ll agree to part with anything they own. People will want to deal with those who can PRODUCE rather than merely promise.

    For some time, I’ve meant to find a book on the last Great Depression to see what business not merely survived, but actually profited. There have to be some businesses that did well during the Depression. So far, I’ve failed to find that book, but it must be out there.

    You might take time to find that book. You might read what kinds of businesses survived or even prospered during the last Depression, and what kinds of businesses failed utterly. That insight might give you some solid indication as to how to spend your remaining paper dollars.

    But again, bear in mind that all of this comment is based on the presumption that we’re headed into another Depression. If that presumption is false, so are my suggestions.

  • Your advise is well put and also very humbly honest. I have heard you on short wave radio a number of times and truly enjoy what I hear because I know I am listening to someone who knows what he is talking about and is pulling no punches.
    Keep at it Alfred, we need many more like you!


Leave a Reply