In April of A.D. 2004, the Rothschild Banks left the gold commodity market. Bill Murphy of the Gold Anti-Trust Action committee (GATA) speculated: “Why is Rothschild leaving the gold business at this time? . . . something is amiss. They know a big gold scandal is coming and they want no part of it.”
Entries Tagged as ‘Gold & Silver Coin’
November 23, 2009
The End of the “Multiplier Effect”?
Legendary investor/speculator George Soros had a fairly simple investment strategy: Find the investment “story” whose premise is false . . . and bet against it. In other words, if the business model (“story”) for a particular energy company were based on the premise that “global warming” is real—when, in fact, “global warming” was false—then bet [...]
November 8, 2009
Banks Set Price of Gold at $1,275?
For over a decade, people at the Gold Anti-Trust Action Committee (GATA) have claimed that the gold commodity markets were being manipulated. This manipulation was alleged to at least partially involve the selling of non-existent “paper” gold.
October 18, 2009
The Dollar’s Demise
The U.S. dollar has been the world’s reserve currency since World War II.
In March, China (and then Russia) openly attacked the greenback, calling for the dollar to be replaced as the world’s reserve currency. This call by China is particularly disturbing since China holds more U.S. debt than any other country—about $1.3 trillion—and the further [...]
October 4, 2009
Buying Gold Kills the FED & NWO.
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 [...]
July 26, 2009
The Undefined Dollar, Part II
Take a paper $50 bill in your left hand and a one-ounce “Gold Eagle” in your right hand. Both are defined in law as legal tender. Both are defined as being worth $50 dollars. But it currently takes about twenty of the paper “FIFTY DOLLAR” bills to purchase one “50 DOLLAR” gold coin.
So, again, [...]
July 13, 2009
The Undefined Dollar
If you pick up a paper $50 bill in your left hand, you’ll see a picture of President Grant in the center and text along the bottom of the bill that reads, “FIFTY DOLLARS”. If you also pick up a recently-minted one-ounce “Gold Eagle” in your right hand, you’ll see an inscription on the coin [...]
June 14, 2009
Numbers without substance
The “U.S. National Debt Clock” (http://www.brilling.com/debt_clock) reports that as of today (June 12th) the “Outstanding Public Debt” was about $11.4 trillion. When divided by the U.S. population, this works out to $37,000 for every American man, woman, and child. Given that the U.S. per capita income is about $39,000 per year, the previous national debt [...]
April 19, 2009
Legal Tender Treason
Article 3 Section 3 Clause 1 of The Constitution of the United States declares in part,
“Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort.”
Surprisingly, to understand the meaning of “treason” we must first understand the meaning of the [...]
March 8, 2009
“Global Systemic Geopolitical Dislocation”?
“GEAB” is a European think-tank that’s followed the U.S. and global economic crises for some time, and offered analyses that are credible and, so far, accurate. On February 24th, GEAB published “Global Systemic Geopolitical Dislocation” which, of course, inspired my comments: