-- Posted Sunday, 5 October 2008 | Digg This Article
| Source: GoldSeek.com
By: R. D. Bradshaw
This series of articles on the Goldsmiths has already presented a mountain of evidence pointing out the work of the plutocratic masters to manipulate and control the various financial markets in order to rip-off, plunder and steal as much as possible from all of us suckers who try to play on their field. Sometimes, it seems that nothing further could be said in support of that reality, as stated by me and several other market watchers.
But the events of the past week or so highlight still one more fantastic proof of the work of the conspiratorial manipulators to massage and control the financial markets, both for their own immediate profit objectives and for their long range benefits to be derived from the US dollar which is one of their primary currencies used by them to bribe, pay-off and control various nations around the world (in furtherance of their long range political and economic objectives of world rule).
To appreciate this fantastic proof, let us turn back to the Goldsmiths, Part I (published at goldseek.com in Aug 2008), where I indicated that I had calculated that the Fed alone had spent $one trillion in the past year bailing out and rescuing the fat cat banks and money/investment houses. In that calculation, I did not address what the US government had spent or committed itself too in the various bail-outs and assistance.
Well, in the excellent Crack Up Boom, Part IX (dated Sep 29, 2008), Ty Andros of TedBits/Trader View updated the numbers of the cost of the bail out—evidently from both the Fed and the Treasury.
Starting with the Bear Stearns costs and proceeding to the Term auction facility, the economic stimulus package, the FHA refinancing of mortgages, the Freddie and Fanny bailout, the AIG bailout, the short selling of stock decision, the insurance program for money market funds, the Treasury purchase of mortgage backed securities, the $300 billion injected into the system the other day by the Fed and the latest $700 billion bailout, one ultimately comes to something over $1.8 trillion, per Mr. Andros— “so far.”
With this back drop, Mr. Andros than adds the obvious conclusion—viz: “A flood of dollars into the system lowers the value of dollars. It's simple supply and demand. Since commodities are priced in dollars, as the greenback goes lower, they usually go higher. And gold is an obvious play for a falling dollar.”
Of course, Mr. Andros was 100% correct with that assessment, based on fundamentals, logic and common sense. Anyway one may try to cut it, the dollar should be sharply down and commodities should be sharply up. Yes, that’s the way it should be--if we were operating in an honest, fair, free market which was not subject to the fraudulent, conspiratorial actions of insiders and crooks to manipulate the markets and cheat all of us out of our last nickels and dimes.
So what happened? Three days later on Oct 2, the dollar was strongly up over 80 (on the index) and commodities were sharply down (gold was down some $43 an ounce). Since then, the spiral down has continued in commodities. Soon, a number of market analysts and particularly the brokers who play on the conspiratorial team began noting that the central banks should now begin a process of lowering interest rates to further bail out the system. And they will at their first chance. We can bank on it.
In truth, the US government and Fed squandering of dollars since FDR and the 1930s has spelled out the reality that the dollar is now a fiat currency, propped up by the manipulators and its world reserve currency status. Of course, many of us believe that it is only slightly better than the money used by Robert Mugabe in Zimbabwe.
Yet, the US, with its fiat money, can throw another $1.8 trillion to the winds and the dollar bounces up strongly. And commodities fall lower and lower and even as the pundits that be are pronouncing further interest rate cuts below the already ridiculous 2% level.
Obviously, it should not take any understanding above the idiot level to see at once that the markets are not free and market responsive. They are controlled and manipulated by the fat cat plutocrats calling the shots. Anyone wanting to believe that all of this could have happened by accident or chance must still believe in the tooth fairy and would be in the market to buy a bridge.
The Future
With all of this incredible control and manipulation, the question that most of us must ask here is what lies ahead. Of course, different people have different procrastinations. I have already outlined many of my views in earlier Goldsmiths articles.
As outlined in the Goldsmiths, Part X, I opened the door to the possibility that the conspiratorial manipulators are planning a deflationary fall. I doubt that they would want a bad fall that could reach the stage of the situation following the 1929 crash. But I am more convinced every day that though they do not necessarily want a serious depression they do want a controlled deflationary fall/recession.
Of course, they caused the 1929 stock market crash and profited enormously from it. In the early 1930s, it almost got out of hand as things in the US and even worldwide reached the critical stage. As it worked out, the clever, conniving and diabolically wicked Franklin Roosevelt used his fantastic charm, charisma and persuasion abilities to come on board in 1933 and rescue the system thru massive spending of money and WWII (which was engineered and set up by the plutocrats, and now they are planning WWIII to also help bail themselves out).
But before FDR saved the system for the fat cats, there was some danger that things could have deteriorated so quickly that the fat cats who caused the depression could be exposed and the people rise up in rebellion and start hanging them.
In the Goldsmiths, Part I, I outlined the historic problem which the goldsmiths faced as they followed their rip-offs and plunder of the collective people. The people got mad and started hanging goldsmiths. Under their central bank scheme, the idea was that if things went wrong and the people got mad, they could rise up in rebellion and hang the politicians instead of the goldsmiths.
Well, either way, hanging the politicians or the goldsmiths, there was a huge potential for trouble in the early 1930s until the clever and cunning FDR arrived on the scene in 1933 and used his many abilities to smooth over things and restore confidence in the plutocrat controlled money system. Truly, FDR rescued the money system for the Rothschilds, Lazards, Warburgs, Rockefellers, etc.
Now, by a strange coincidence, there are some similarities between the present mess and the realities of the 1930s. In both instances, the fat cat manipulators have caused the trouble. They collapsed everything into a deflationary depression in the 1930s. I am now convinced that they are trying, right now, to have a deflationary fall/recession. In saying this, they are aware of the dangers to themselves if things get out of hand.
So their plans for a fall are in the context of a controlled, limited, deflationary fall. I don’t think for a minute that they want a repeat of the seriousness of how things were in the 1930s. They could have been in serious trouble back then and they certainly don’t want that risk to surface again (although we can be sure that they have secret bank accounts in Switzerland and have plans to flee to a place of safety if trouble arrives).
Despite the evidence suggesting that they are right now trying to implement a controlled, limited, deflationary fall/recession, there are any number of things which can go wrong and upset their apple cart. I have mentioned several of these possibilities earlier in the vein of them losing control. Without repeating those words, I will highlight a few of the more likely ones.
What Can Happen
There is no question about it, the US and Israel and/or just the US have made detailed plans for a massive attack on Iran. This thing is coming. It is not whether, but only of when. As we get closer and closer to the Nov election, the probabilities for this coming attack surely must be slipping to sometime after the election. Therefore, it could probably come any time from Nov on. This attack is coming. The die for it is already cast and the plans are now made.
And when the order comes down to move, it will be catastrophic. The Iranians will fight back. They will undoubtedly close the Persian Gulf oil movements. This will cause an absolute explosion in oil prices. Gold, silver and other commodities will go up, up and away. Surely, Iran will attack Israel with missiles. And who knows (as some observers have speculated), maybe one will hit Mount Moriah and open the door for a new Temple (either that or an earthquake there is long overdue). This will be one of the most important and profound events in human history for the last 1938 years (and when it happens on the world scene, gold, silver and other commodities are going to the sky).
In another matter, in earlier Goldsmiths articles, I have already outlined the case for various nations around the world to merely say—NO MORE US IOUs. Asians hold huge amounts of these IOUs. And while they can buy up some US lands and financial assets, there are limits on what they will do.
After all, the US governments will tax the heck out of real estate in the coming days. Too, in the case of owning land and financial assets in a foreign country, one must recognize that there are risks involved if the foreign state decides to seize that property. The Chinese and Japanese must contemplate what all can happen with their ownership of properties in the US in the coming days of the trouble associated with WWIII.
The Goldsmiths, Part XII, mentioned another thing which could cause trouble for the conspiratorial manipulators. As these crooks and bandits manipulate and force paper prices on the market for commodities (like gold, silver, oil, wheat, corn, orange juice, etc), producers will quite producing or owners of the commodities will simply quite selling them on the market at the approved paper prices.
That issue of the Goldsmiths cited the work of Jason Hommel at Silverseek.com to point out that the supply of silver has largely vanished from the market place. Next, for those of us who read the papers, we are now aware of the fact that gasoline supplies in the SE US have been vanishing. In other words, gas stations are out of gas.
As many of us now know, our US government is one of the biggest liars in the nation. If we thought Bill Slick Clinton is a gross liar (as he is), he is not the lone ranger on lies when it comes to US government agencies. Most or all of them lie repeatedly to us, the gullible taxpayers. They actually think that we are incredibly stupid as they tell us the most ridiculous lies (i.e. lies about the status of government gold sales and holdings).
The US Dept of Agriculture has lied to us repeatedly about any number of things (as is true with the rest of the government). The latest USDA nonsense might be their predications of how much grain is held by farmers and not allowed on the market (this thing that farmers are withholding some grains was cited in the Goldsmiths, Part X).
For example, the USDA Grain Stocks Review (in the Sep 30, 2008 Hightower Report) of Sep 1, 2008 says that On Farm Wheat was 635,000,000 bushels and the Off Farm wheat was 1,221,576,000 bushels. This compares with Sep 1, 2007 figures of 495,000,000 bushels On Farm and 1,221,927,000 bushels Off Farm. Thus, per the USDA, the off farm level went down by 350,000 bushels while the On Farm level went up by 140 million bushels.
The Off Farm levels represent the supply in elevators. The On Farm levels represent the quantity allegedly stored by individual farmers who have chosen to withhold their grain (for later use or for selling by themselves at a later date). Depending on how crooked the USDA people are with their numbers, there is a chance that the data from the grain elevators is probably more reliable than the figures from the farms (which are rounded numbers that are, at best, rough estimates).
I mention these numbers to demonstrate that if the USDA figures are correct or even near correct, they show that farmers are not selling their grains at the present levels (which are down to almost $6 a bushel following the latest manipulated collapse—and the manipulators seem to be looking forward to a further down move to $5). Frankly, I am suspicious of any type of data coming from the US government agencies because most of them present manipulated data to support the plutocrats’ position.
Besides the obvious realities of the above three possibilities, there is, of course, any number of other things which can go wrong and upset the present plutocratic push to impose a controlled deflationary drop (recession) on the American people. At some point in time, the reality mentioned by Mr. Andros will take hold and the dollar will go down and commodities will go up. There is no other way on this ultimate outcome. Hyperinflation and a worthless dollar are on the way.
The bottom line here is that the reality of this cost of something over $ 1.8 trillion dollars in bailouts and give aways to benefit the plutocrat masters proves conclusively that the markets are controlled and manipulated. There is no other way for an intelligent observer to interpret what has taken place during the past couple of weeks.
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 of this article is not involved in the securities or financial market business and has no financial interest in presenting the information herein. Therefore, 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.
Note: Past Goldsmiths articles can be found here.
-- Posted Sunday, 5 October 2008 | Digg This Article | Source: GoldSeek.com
