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The Goldsmiths--Part X



-- Posted Wednesday, 10 September 2008 | Digg This ArticleDigg It! | Source: GoldSeek.com

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.ageend.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.AgeEnd.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. 


-- Posted Wednesday, 10 September 2008 | Digg This Article | Source: GoldSeek.com




 



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