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The Goldsmiths—Part XXXVI



-- Posted Wednesday, 18 February 2009 | | Source: GoldSeek.com

Analysis of News—www.analysis-news.com

Of Interest to Investors, Survivalists and Others Concerned About Their

 Economic and Financial Futures, for Week of Feb 1, 2009

__________________________________________________________________________________________________________________

 

With a focus on the Plutocrats, Goldsmiths, Super-Rich Insiders, and their Allies and

 what they are conspiratorially doing to manipulate the financial markets, make more

profits, rip us off and install a world government under their control

 

 

By R. D. Bradshaw

 

In the Goldsmiths, Part XXXIII (published at goldseek.com), I outlined the basic problem faced by gold advocates and proponents.  I recognized the power of the Rothschild Cabal to make or break markets, however they see fit to do so.  The gold and silver markets have been seriously impacted by this Rothschild oversight for many years now. 

 

Here’s what I suggested in Goldsmiths XXXIII:

 

Today, the Rothschilds and their relatives, cousins, and colleagues own or control most of the wealth and assets on planet earth.  Obviously, this ownership and control of money has made this combine the plutocratic rulers of much of Western Christianity—particularly in Europe and in North America. 

 

While much of the Third World puts up with this combine, because of the Cabal’s power over money (principally the US dollar which is their primary currency), some of the people in the Third World nations are now or will be soon looking for ways to break the money yoke which the Rothschild Cabal holds over them.  This backdrop will have a profound impact on gold as will be demonstrated in comments to follow in this Goldsmiths.

 

With its power over money, and therefore over politicians who need money to win elections, the Rothschild Cabal has come to literally control most or all of the Western Christian civilization found in Europe, North America and the White British Commonwealth.  With this control, and the Cabal’s ownership of the international banks in the West, it has meant that the Cabal has owned and controlled all of the central banks in these countries.  Yes, the Rothschild Cabal owns the Bank of England, the Bank of France, the ECB, the Swiss National Bank, the Federal Reserve and so forth. 

 

This ownership, plus the fact that the bosses and leaders at these banks are often Rothschild cousins/relatives, has meant that the Cabal issues orders and instructions to the central banks.  Hence, people like Ben Bernanke actually work for and serve the Rothschild team.  The same is true with the financial market exchanges and most of the big brokerage houses.  They are all linked together under the Rothschild umbrella. 

 

With a background in gold, it is a historic fact for the past centuries that the Rothschilds and their cousins/relatives/colleagues have controlled gold and pretty well have determined its price or value in the financial markets.  Therefore, it is safe to say that the Rothschild combine controls and/or owns most of the gold in the world today.  Of course, some might argue that nations and central banks own much gold.  But it must be understood that even here the control of that gold rests with the Rothschild Cabal (since the Cabal controls the central banks and political leaders in the democratic Western Christian civilization). 

 

In my years of watching and studying the Rothschild combine and gold, I have long ago concluded that the price of gold will explode up--either when the Rothschilds and their allies control it all or when they lose control of it.  I am not absolutely sure which of these courses will come first.  But I am certain that both motions are underway right now. 

 

Along with their lust and appreciation for gold, it is interesting that this Cabal of bankers introduced and promoted paper money over the past 200 years (which has turned out to be fiat money thru the irresponsible spending habits of the nations and central banks involved).  What a paradox this whole thing has come to be because the Cabal has had to suppress the price and value of gold in order to keep up public acceptance and use of fiat paper money. 

 

In any case, the Cabal has actively suppressed the value of gold for many years now.  So here, one might ask if this conflicting paradox of gold versus fiat paper money will ever end?  Hence, the answer must devolve to my position stated above—that the price and value of gold will explode up when the Rothschilds and their relatives/cousins/colleagues either own it all/almost all or lose control of it in the markets.  With this backdrop, the situation for gold ultimately comes down to if and when the Cabal has it all or loses control. 

 

What is Involved

 

In that Goldsmiths study, I offered some of the current thinking among some persons that the gold and other financial markets will reach a turn around time in March 2009—meaning that precious metals will once more resume a strong up-turn.  But I also cautioned readers that the Rothschild team (especially JP Morgan-Chase) is holding a large short position in gold.  It is not clear where all these shorts are amassed by date, but we can be sure that the Cabal intends on taking gold down again, if it can. 

 

Of course, the basic question devolves to when the Rothschild combine either owns/controls all or most all of the world’s gold supply or when the combine will lose control over gold in the financial markets.  I think that either of these options will cause some sharp moves up in gold (and silver as well).  But if and when gold starts up in earnest, the Rothschild controlled US government will make a fast, surprise call-in of US gold (and in marking their call, they will blame people like me and other gold supporters for the alleged problems necessitating the call-in). 

 

The ruling plutocrats and their prostitute politicians are not going to sit back and allow the American people to make much money in gold or anything else.  They are in a position of power to control what happens in gold.  And they will use that power. 

 

In any case, the whole dilemma boils down presently to the question of timing.  I outlined in Goldsmiths 33 some of the arguments for a possible significant change in gold value in March.  It could come this early.  But I doubt that we will see the explosion up which will come later if and when the Cabal either owns/controls all or most of it or when the Cabal loses control.  Frankly, my guess would be a loss of control.  But I would suppose that this will come later this year or perhaps starting by Passover in 2010. 

 

In any case, in the vein of broaching the possible date for a major change in the direction in gold, I recently picked up on an article from the Asia News, as published by rense.com.  I have read and quoted material from the Asia Times/Asian News before since these sources seem to have some grip on thinking in particularly China. 

 

The Asia News of Dec 24, 2008

 

Here’s what the Asia News reported back in Dec 2008 on “US Debt Approaches Insolvency: In 2007, 61.82% of America’s public debt was held by foreign investors, most of them Asian,” viz:

 

In the United States, the danger of debt insolvency is growing, putting at risk the currency reserves of foreign countries, China chief among them. According to new figures published by Bloomberg in recent days (Nov. 25, 2008), the American government has employed a total of 8.549 trillion dollars to stop the financial crisis. This means a total of about 24-25.4 trillion dollars of direct or indirect public debt weighing on American taxpayers. The complete tally must also include the debt - about 5-6 trillion dollars - of Fannie Mae and Freddie Mac, which are now quasi-public companies, because 79.9% of their capital is controlled by a public entity, the Federal Housing Finance Agency, which manages them as a public conservatorship.

 

In 2007, public debt in the United States was 10.6 trillion dollars, compared to a GDP (gross domestic product) of 13.811 trillion dollars. In just one year, direct and indirect public debt have grown to more than 100% of GDP, reaching 176.9% to 184.2%. These percentages exclude the debt guaranteed by policies underwritten by AIG, also nationalized, and liabilities for health spending (Medicaid and Medicare) and pensions (Social Security). By way of comparison, the Maastricht accords require member states of the European Union (EU) to reduce their public debt to no more than 60% of GDP. Again by way of comparison, in one of the EU countries with the largest public debt, Italy, public debt in 2007 was equal to 104% of GDP.

 

In 2007, 61.82% of America's public debt was held by foreign investors, most of them Asian. So the U.S. public debt held by nonresident foreigners is equal to about 109.39% (113.86%) of GDP. According to a study by the International Monetary Fund, countries with more than 60% of their public debt held by nonresident foreigners run a high risk of currency crisis and insolvency, or debt default. On the historical level, there are no recent examples of countries with currencies valued at reserve status that have lapsed into public debt insolvency. There are also few or no precedents of such a vast and rapid expansion of public debt.

 

The United States also runs large deficits in its public balance sheet and balance of trade. Families and businesses are also deeply in debt: in 2007, American private debt was equal to a little more than 100% of GDP. At the moment, it is not clear how much of America's private debt has been "nationalized" with the recent bailouts.

 

In the early months of next year, when the official data are published, the United States will run a serious risk of insolvency. This would involve, in the first place, a valuation crisis for the dollar. After this, the United States could face a social crisis like that in Argentina in 2001. A crisis in U.S. public debt would likely have a severe impact on the Asian countries that are the main exporters to the United States, China first among them. Chinese monetary authorities, thanks to a steeply undervalued artificial exchange rate, at about 55% of its fair value, have limited imports (including food) and have achieved an export surplus.

 

This has allowed them to accumulate a large stockpile of dollar reserves. In a currency crisis, China risks losing much of the value of its accumulated currency reserves. At the same time, pressure on imports (wheat, other grains, and meat) have led to inflation in the prices of food, the most important expenditure for more than 900 million Chinese. This is nothing more than a small confirmation of the recent statements of the pope, in his message for the World Day for Peace, where the pontiff calls the current financial system and its methods "based upon very short-term thinking," without depth and breadth, preoccupied with creating wealth from nothing and leading the planet to its current disaster.  

 

The US debt structure has ballooned up even more since December 2008.  We can be sure that people in China are watching this gigantic spending of money and wondering how much longer should they sit on the sidelines and allow the US to ruin their investments with give-away programs for the big banks. 

 

In a related report, World Net Daily had a story by Jerome R. Corsi on “Federal obligations exceed world GDP.”  It provides some clue to the dangerous predicament that the US government is now in.  Corsi took note of the recent $800 billion stimulus plan and said that the “true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world.”  In his further remarks, Corsi noted that the debt situation has placed the US government in bankruptcy—even before new obligations take place. 

 

Corsi quoted John Williams of shadowstats.com that “The federal government is bankrupt… In a post-Enron world, if the federal government were a corporation such as General Motors, the president and senior Treasury officers would be in federal penitentiary…  the appetite of foreign buyers to purchase continued trillions of U.S. debt has become more questionable as the world has witnessed the rapid deterioration of the U.S. fiscal condition in the current financial crisis.” 

 

As noted above from Asia News, the presentation back in December offered some cause to believe that the next big turn date in the US financials (and thus in gold and silver) could come in early 2009.  Well, we haven’t had a collapse yet in US IOU paper.  But those days are on the horizon.  We need to be extra careful at this time and start watching Asia more carefully.  Decisions in China may be the catalyst to turn the gold and US IOU markets around. 

 

The Bottom Line

 

Before concluding this study, it should be noted that as of this writing on Feb 17, 2009, stocks and commodities are generally down while gold and the US dollar are up.  The dollar index is almost at 88.  It appears that the Cabal will next let the dollar index come down later this week and perhaps into next week. 

 

But March currency options and contracts won’t expire until in March.  So by early March, they may try to repeat things with another boost up in the dollar.  The manipulators love their controlled oscillations up and down as they make money on the moves. 

 

Since gold options and contracts expire on February 24-25, the manipulators logically will try to hold the line on gold this week, to protect their huge short positions.  If they are unable to keep it flat this week, for whatever reason, it could be an excellent clue that they are having manipulating and control problems for some reason—like possible trouble from Asia as the Asia News allows.  Asians could be buying some gold in secret.  After all, we must remember that the Chinese and other Asians are not as stupid and gullible as the manipulating Cabal seems to think. 

___________________________________________________________________________

 

Back issues of the Goldsmiths, by the editor of the Analysis of News, can be accessed from a Google or Yahoo search engine by typing in “The Goldsmiths” and R. D. Bradshaw.  Several hundred web sites can be found with the back issues and with translations to Spanish, Italian, German, Chinese and other foreign languages.  The goldseek.com archives have the first 28 Goldsmiths.  Finally, the “Archives-Goldsmiths” of this website (www.analysis-news.com ) has all of the Goldsmith articles issued to date. 

 

Besides the revelations contained in the Goldsmiths’ articles, the work of the plutocratic financial market manipulators to conspiratorially manipulate and control the financial markets (to make more profits and install a world government under their management) is also addressed at length in the periodic analysis of the news and in other articles produced at www.analysis-news.com.  This website has an article of interest to any person interested in understanding the market Manipulators.  It is the Hidden Secret of the Manipulators, why they succeed and how to follow their manipulations. 

 

Readers of the above articles are invited to visit www.analysis-news.com and become a subscriber to regularly read some of the material from the world of information which will further reveal how extensive the manipulation, control and dishonesty realities are in the financial, currency and commodity markets, not only in the US but indeed around the world. 

 

To go to this related website, please click at the link here:  www.analysis-news.com.


-- Posted Wednesday, 18 February 2009 | Digg This Article | Source: GoldSeek.com




 



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