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The Goldsmiths—Part LXII



-- Posted Monday, 6 April 2009 | | Source: GoldSeek.com

By R. D. Bradshaw

 

The just ended G20 meeting in London had at least a couple of moves which must be rated as significant in terms of the financial markets and the future for gold. 

 

The first major development was an agreement for the G20 states to give the International Monetary Fund and the World Bank a total of $1 trillion which would be further given by these institutions to the struggling/developing/emerging/Third World states.  Exactly which nations are scheduled to get this $1 trillion was not clear; but we can bank on it that most of it will end up in the hands of the big banks through hook or crook. 

 

Per Breitbart.com, on Apr 2, 2009, this first big story cited the $1 trillion give away and quoted British Prime Minister Gordon Browne who said that the 20 countries at the summit will enact common policies to crack down on tax havens, regulate hedge funds, and rebuild trust in the financial system to “prevent a crisis such as this from happening again.”  Brown went on to add that the G-20 nations will also give emerging powers a greater say in the world economy. 

 

But Bigger News

 

But the really big news came out on Apr 3, 2009 in a report in the London Telegraph by Ambrose Evans Pritchard on “The G20 moves the world a step closer to a global currency.”  This story cited a report from the G20 leaders which noted “A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.”

 

Pritchard said the leaders had agreed to support a general SDR allocation which would inject billions into the world economy and increase global liquidity (SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for some time now).  In effect, per Pritichard, “the G20 leaders have activated the IMF's power to create money and begin global ‘quantitative easing’.  In doing so, they are putting a de facto world currency into play.  It is outside the control of any sovereign body.” 

 

This same story suggested that the IMF would get $500-$750 billion in the deal (which means that the balance of the pledged $1 trillion will go to the World Bank). 

 

Reportedly, Dominique Strauss-Kahn, the managing director of the IMF, said in February that the world was “already in Depression” and risked a slide into social disorder and military conflict unless political leaders resorted to massive stimulus.  Presumably, the new $1 trillion give away will provide some of that stimulus.  Yet, Pritchard noted that Gordon Browne talked of $5 trillion in global stimulus by 2010—which is mostly made up of packages already under way.  Per simple arithmetic, this means that besides the $1 trillion now going to the so-called struggling/developing/emerging/Third World nations, they will also get another $4 trillion. 

 

The Telegraph added that “The Russians had hoped their idea to develop SDRs as a full reserve currency to challenge the dollar would make its way on to the agenda, but at least they got a foot in the door.  There is now a world currency in waiting.  In time, SDRs are likely (to) evolve into a parking place for the foreign holdings of central banks, led by the People's Bank of China.” 

 

A Backdrop

 

In the way of a backdrop on these developments, the Goldsmiths, Parts LV and LVIII, reported on developments in China where China seemed to have resurrected the SDRs which were first planned to replace gold in 1969.  This 1969 issued paper money was placed into the hands of the IMF for give away to “selected” countries.  It ended up that the central banks owned by the Rothschild Cabal got most of this money and other nations were left out of the loop. 

 

In any case, the 1970s saw some unpopularity with this new Rothschild created paper money which was designed to replace gold and silver in international financial affairs.  So while this paper gold and silver had some use, it never really got off of the ground.  But with the recent Chinese proposal, new life was breathed into the SDRs. 

 

As I noted in the Goldsmiths, Parts LV and LVIII, and in my news analysis at www.analysis-news.com, this Chinese proposal could spell trouble for gold, depending on how other nations received the idea and on how the controlled media played it up.  I also noted the Russian proposals for the use of gold in any basket of currencies used in the new configuration. 

 

But my real concern was that the Rothschild Cabal would use this thing to elevate the SDRs back into prominence to replace gold in international trade and as backup in the monetary reserves of various nations.  Because the Cabal stood to gain so much, I immediately postulated that likely the Chinese and representatives of the Rothschild Cabal must have had some secret meetings to induce the Chinese to take this stance on the SDRs. 

 

My guess then was that the West would give some huge benefits to the Third World which would make China come out smelling like a rose (since China had become the advocate for the so-called developing nations in the Third World). 

 

As many of us know, China has been moving into the Third World in Africa, Latin America and Asia to replace the Rothschild and Western plutocrats who have been moving off stage because the West was running out of money to give to the Third World (these Western gifts have been made for ages by the West to benefit the secret Western plutocrats in their efforts to steal from and gain control over the Third World nations). 

 

Right now, it looks like the G20 nations have essentially agreed to the Chinese position.  It was totally logical that the West would support this since it will prove to be a goldmine for the plutocratic Rothschilds as they gain more and more control and profits from the so-called Third World nations.  And while Russia didn’t lose out completely, their proposal is still on the back burner. 

 

And most importantly, this move paves the way for a new one world paper currency to be used by citizens of all nations.  Right now, they may convert the SDRs (which could be renamed and called something else) from accounting entries only to a viable currency to be distributed and used by the man on the street.  All of this will be placed into the hands of the IMF (the IMF is privately owned/controlled by the Rothschild Cabal through its leading central banks in Europe and North America.  Only selected countries are allowed to participate in the IMF). 

 

The Rothschild Cabal Preplanning

 

Thus, the G20 agreed that they will give the struggling/emerging/developing/Third World states $1 trillion via the IMF and World Bank.  The only thing not clear is which nations in the G20 will pay the taxes to support this give away.  I can tell you right now that the US will bear the brunt of the give away.  Britain, Europe and Japan will be next in line and then China.  And I can also declare with some certainty that much of this money will end up in the coffers of the big international banks (regardless of which nations receive the money because most of the Third World is in debt to the big banks--so this bail out will merely go to pay off some of their debts). 

 

Otherwise, the Telegraph story noted that Beijing moved this past week to offer $95bn in yuan currency swaps to developing economies.  It is not clear if China will put up any more money, but probably yes.

 

There is an obscure secret reality to this story and the events of the G20 meeting.  As I have written before in the Goldsmiths, most of the big agreements are laid on in advance.  The purpose of the meetings is merely to allow the prostitute political leaders involved to publicly act like they are making decisions when the decisions are already made.  Thus, the politicians get to make the announcements. 

 

In the case of this development from the London G20 meeting, it is clear that the Rothschild Cabal mapped this thing out days ago in The City of London.  As proof of the Cabal preplanning, the London Telegraph of Mar 16, 2009 carried a story by Edmund Conway on the “IMF poised to print billions of dollars in ‘global quantitative easing.’”

 

This incredible story, made 17 days before the G20 leaders met and days before the G20 finance ministers met on Mar 21st and the Chinese made their announcement on the SDR thing on or about Mar 22d, said:  “The International Monetary Fund is poised to embark on what analysts have described as ‘global quantitative easing’ by printing billions of dollars worth of a global ‘supercurrency’ in an unprecedented new effort to address the economic crisis.  Alistair Darling and senior figures in the US Treasury have been encouraging the Fund to issue hundreds of billions of dollars worth of so-called Special Drawing Rights in the coming months as part of its campaign to prevent the recession from turning into a global depression…  

 

“Should the move, which is up for discussion by the summit of G20 finance ministers this weekend, be adopted, it will represent a global equivalent of the Bank of England's plan to pump extra cash into the UK economy…  Simon Johnson, former chief economist at the IMF, said: ‘The principle behind it is that everyone would get bonus dollars and instead of the Federal Reserve having to print them, everyone gets them.  The objective is to create a windfall of cash. However if everybody goes out and spends the money it could be very inflationary.’”

 

In this Mar 16, 2009 story, please note that the IMF was already preparing to issue billions more in SDRs long before the Chinese or the G20 finance ministers or national leaders even supposedly addressed the matter.  Thus, as Simon Johnson noted, the US Federal Reserve won’t have to print this money since the IMF will obviously print it and distribute it.  Along with the IMF printing and issuing this new paper money, it also has to be significant that there have also been more threats from the IMF to sell gold on the open market.  It is not clear whether there is a linkage between the printing of SDRs and the threatened sale of gold. 

 

Readers of news events the week of Mar 29th (at www.analysis-news.com) may remember a news report and commentary that noted:  GORDON BROWN’S carefully laid plans for a G20 deal on worldwide tax cuts have been scuppered by an eve-of-summit ambush by European leaders. 

 

“Angela Merkel, the German chancellor, last night led the assault on the prime minister’s ‘global new deal’ for a $2 trillion-plus fiscal stimulus to end the recession. ‘I will not let anyone tell me that we must spend more money,’ she said.  The Spanish finance minister, Pedro Solbes, also dismissed new cash being pledged at Thursday’s London summit.  ‘In these conditions I and the rest of my colleagues from the eurozone believe there is no room for new fiscal stimulus plans,’ he said.” 

 

The Bottom Line

 

By piecing together the events described in these news reports it is clear what happened.  The Rothschild Cabal made its plans and instructed its lackeys to announce them days in advance of the G20 meeting.  Since there were some negative feelings from some people, Merkel and Solbes were allowed to express those feelings.  But simultaneously, the Cabal was having secret meetings with the Chinese to bring them on board to state the need for revitalization of the SDR thing which was crucial to put the $1 trillion plan into effect. 

 

Probably the whole thing about a $2 trillion give away was all smoke and mirrors to make the gullible people believe that the G20 leaders trimmed the thing down to $1 trillion.  Surely, the decision was already made for the $1 trillion and the G20 leaders merely approved these already pre decided issues.  While Merkel and Solbes were allowed (or maybe even instructed, per the Hegelian Dialectic in operation) to express some disagreement, they all came on board in the final analysis. 

 

Once the Cabal made its plans, it clearly brought the Chinese on board to make it appear that the whole thing was a Chinese idea.  I submit that while the Chinese are clever and crafty, the real agenda of the Rothschild Cabal was the one that prevailed.  In other words, the Chinese and the G20 approved the Rothschild SDR plans for the future.  Now, the remaining question is what this turn of events will mean for gold.  And it may not be good short term. 

_________________________________________________________________________

 

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 “R. D. Bradshaw” Goldsmiths.  Several hundred web sites can be found with the back issues and with translations to Spanish, Italian, German, Chinese and other foreign languages.  Goldseek.com has most of the back issues of the 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 the home page of this website, please click at the link here:  www.analysis-new. 


-- Posted Monday, 6 April 2009 | Digg This Article | Source: GoldSeek.com




 



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