-- Posted Wednesday, 1 October 2008 | Digg This Article | Source: GoldSeek.com
By Bix Weir
Here’s my version of the gold/silver conspiracy…what’s yours?
My story begins, like most monetary stories, in 1913 with the creation of the Federal Reserve Bank in the United States and when gold and silver were still the most valued monetary assets in the world. I’ll leave out all the prior bank monetary manipulations although there had been many minor ones prior to 1913. As was outlined by G. Edward Griffin in The Creature From Jekyll Island, the monetary power of the United States of America was literally stolen from the people and handed over to a group of powerful European banking families and is still under their control to this day. They run their US operations under the auspice of the Federal Reserve Act. Of course there is nothing “Federal” about the Federal Reserve in that it is not part of our government and there are no “Reserves” to speak of other than the right to create the US Dollar out of thin air. Although their mandate is to “create price stability” over the past 95 years that they have been in charge of the US Dollar it has lost over 98% of its value which is a hidden inflation tax to the citizens of the United States and the world.
You likely already know all this but the manipulations and conspiracies that surround gold and silver over the past 100 years are not merely urban legends but many are grounded in FACT as exposed by the Gold Anti Trust Action Committee (GATA). Now I must admit that I have been involved with GATA for quite sometime and more often than not my submissions are shot down for being too conspiratorial or lacking of proof. I also understand Bill Murphy and Chris Powell’s reluctance to publish anything that may threaten the credibility they have worked tirelessly to build over the years….but that doesn’t mean I’m not right! On with the story…
The beginnings of large scale physical gold manipulations come from an incredible gold discovery that is almost too wild to believe…until you check the facts. After WWII a vast gold hoard (mostly stolen from other Asian countries) held by the Treasury of the Japan was discovered hidden in the Philippines by a staff member of General Charles Willoughby who was General MacArthur’s Chief of Intelligence. This gold was hidden in over 175 sites across the Philippine Islands and it has been reported from many sources that the treasure may have been more than 300,000 tons of gold and other treasures. Over the years this gold has been used as the main source of covert funding by the US and Western intelligence agencies to manipulate markets, overthrow governments and enrich the personal coffers of those who have been charged with administering it. This treasure has been known by many names including Yamashita’s Treasure, The Golden Lily Treasure, The Black Eagle Fund and many other off shoots. This amazing revelation became known to the public with the 2003 release of the book Gold Warriors: America’s Secret Recovery of Yamashita’s Gold written by Sterling and Peggy Seagrave. Given that the total amount of gold ever mined in the world is estimated to be only about 140,000 tons, this gold discovery created both a blessing and a curse for the United States over the years.
The announcement of this gold find in the 1940’s would have crushed the value of monetary gold around the world, and since the US Government was the largest holder of monetary gold, it would have significantly devalued our sacred Constitutional money. There also would be many claims from other Asian countries that the gold belonged to them thus upsetting the balance of power and wealth in the region. The US decided to keep this treasure a secret and what grew from this secret treasure trove was a twisted, deceitful and corrupt secret cabal of insiders that literally believed they ruled the world. Every US President since Truman has known about this secret treasure and the organizations that grew up around it. The institutions that were involved with this treasure are vast and powerful including JP Morgan, Citigroup, AIG, the World Bank, Morgan Stanley and the list goes on and on. Washington power players from the early days of Bill Donovan and Edward Casey to modern times with the Bushes and Dick Cheney have used this treasure trove to advance their agendas. Today they are known as “The Enterprise” and are now the evil step child of the United States that no one dare speak of.
From the end of WWII until the early 2000’s this group has worked in the shadows and went virtually unnoticed implementing covert policies on unsuspecting counties around the world. In addition to advancing their national agendas they also were corrupted by the wealth that the treasure provided lining their own pockets along the way. Much of this operation was run out of the NSA and CIA through programs discussed in John Perkins book Confessions of an Economic Hitman. Since the publication of this book many EHM’s have come out of the shadows to tell their stories.
Through all this madness the Federal Reserve Bank was for the most part run by people who were not part of the banking cabal and actually had the best interest of the United States in mind. Many of them knew of the dark side of their banking lineage but I believe many were not part of the banking cabal – at least not at first. One of the most honest of the Fed Chairmen was Arthur Burns who was a very strong advocate of the Gold Standard in his early days and also just happened to be the mentor to a brilliant young economist named Alan Greenspan. To this day this frame of the Wishes and Rainbows comic released by the Federal Reserve Bank of Boston shines like a beacon of hope that someday this cabal of bankers will be defeated.
Lead by Ron Paul, Alan Greenspan, Nancy Pelosi, Barney Frank and Michael Mukasey this Group is winning the battle as witnessed by the recent rejection of the $700B banking bailout plan that would have likely gone towards the continued suppression and manipulation of all markets. Did you notice that it was the “Reagan Republicans” that voted no? At this point it is all going according to plan although the Enterprise and friends are not going down without a fight.
As I discuss in Road to Roota I & II Alan Greenspan was one of the first financial computer programming experts in the late 1960’s and implemented computer market rigging trading programs to control market prices for gold and silver as well as most dollar related trading systems. In order to achieve legitimacy regulatory bodies such as the CFTC and SEC were implemented with the wink and a nod that there was a "little man behind the curtain" who should be protected and sheilded from the public eye at all costs. At the time Greenspan worked for President Ford as the head of the Council of Economic Advisors. Unfortunately, this market rigging mechanism worked too well and was eventually taken over by the darker banking forces working within the Federal Reserve of NY. Eventually, the Enterprise took it over and moved it out of the publics view and into companies such as EWT, LLC which now controls the rigging operations of gold and silver as discussed in Road to Roota III. I truly believe there will NEVER be a free market again until computers are outlawed from all trading. As Greenspan loved to say “The power of computers is awesome”.
Back to the story. All throughout the 1980’s and 90’s various schemes and mechanisms were implemented to rig the gold and silver prices including setting up a shell mining company, Barrick Gold, to process the Yamashita Gold and facilitate the banking cabals gold hedging scams. Other tools worked just as well such as metal leasing, swapping, pooled funds, ETF’s etc. Interestingly, it is silver that has been the hardest to control and manipulate and has required the confiscation of Warren Buffett's silver hoard, the closing down of a strategic military establishment and the buildup of the largest naked short position in history. To really understand the silver story you should read all of Ted Butler’s silver articles…the man is BRILLIANT (…although I have a sneaking suspicion he may be working for “The Group” as well because nobody could be that smart!) In the end silver will be the straw that breaks the back of the banking cabal.
Now to the darker side. In the early 1990’s an ingenious plot was cooked up by the “Vulcans”, a subset of the Enterprise, to crush the Russian Empire in what was to be called Project Hammer. The idea was to create a slush fund of $240B in fraudulent, possibly gold backed, 10 year bonds to economically crush the Russian Ruble, loot it’s Treasury and transfer ownership of Russia’s vast natural resources to US backed “partners”. Although the original intention of this group may have been admirable as a peaceful way to win a war, the cover-up of the $240B fraudulent bond issuance ten years later was almost unthinkable... even for a conspiracy buff like me! These bonds were created on September 12, 1991 and matured 10 years later…to the day.
The following report was recently released on the internet. I believe it to be an “unofficial release” from the Office of Naval Intelligence (ONI) intended to expose the entire operation once and for all. I ask you to read this carefully paying special attention to the chapter entitled “The War Chest” on page 6 which talks about the origins and main players of the Enterprise as well as the covert gold operations. Although it may be difficult to believe all of this information is sourced from public documents and the footnotes can all be linked together.
Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001
Wait… fear not my friends! As I discussed in my Road to Roota articles there is a group of true Americans that are trying to take back the Liberty that these people stolen from the American people. 911 was the catalyst that has lead to the end of the banking cabals 100 year reign!
Truthfully, I think there is only one way for this to end peacefully and that is the price explosion of gold and silver. This has always been their Achilles heal…especially SILVER as I discussed in Melt The Witch! The unimaginable losses the banking cabal would suffer if the price of gold and silver were released would hit them right in their seat of power…money. Imagine the losses of the short positions with both gold and silver over $100,000/oz! Goodbye Banking Cabal!
Well that’s my conspiracy story. I know you have yours and each “theory” can probably be broken down and discredited in many different ways but this story works for me and I will continue to fight for my Liberty by advocating for a free market in gold and silver.
-- Posted Wednesday, 1 October 2008 | Digg This Article | Source: GoldSeek.com