-- Posted Friday, 31 July 2009 | | Source: GoldSeek.com
By R. D. Bradshaw
Many gold and precious metals advocates have developed a hope or anticipation that the status of gold and precious metals will change if the Chinese put their feet down and start buying gold instead of US treasuries. This Goldsmiths will examine one key reason why this has not happened and may not happen in the immediate future.
In the Goldsmiths, starting with this series in August 2008, I have expressed the conclusion that the Rothschild Cabal is in full control of the US financial and commodity markets at this time. In order for gold or commodities in general to break out of the Cabal’s manipulation and price suppression, something will have to happen on the global scene to alter the Cabal’s control over the markets. In the Goldsmiths (like 76, etc), I have listed a number of possibilities of things going wrong for the Rothschilds—like the China card which could upset their applecart if China refuses to take anymore of the Cabal’s fiat dollars, bonds and paper.
But No Change So Far
Yet, as noted above, the hope for the China card to upset the balance of Rothschild control over the markets has not materialized as yet. If anything, the Chinese are still even more subject to the Cabal’s power over the markets as we can see when we take a look at Chinese purchases and accumulations of US Treasury bonds and notes.
Treas.gov/tic gives this data on Chinese holdings of US Treasuries from Jun 2008 to May 2009 (in billions of dollars): 535.1, 550.0, 573.7, 618.2, 684.1, 713.2, 727.4, 739.6, 744.2, 767.9, 763.5, and 801.5. Except for April 2009 (at 763.5), it is clear that China continues to buy US treasuries each month; despite the Chinese outburst of laughter at the lies being dispensed by the Rothschild Cabal’s chief agent at the US Treasury—Tim Geithner. The Chinese may believe that Geithner is a liar, idiot or crook; but they continue to follow his advice by buying/accumulating US paper.
In numerous preceding Goldsmiths, I outlined the problem over the Special Drawing Rights (SDRs). In the Goldsmiths 55, 58, 62, 63, 65, 68, 69, 75, and 83, I outlined the Chinese push for a scheme which would elevate the role of the Rothschilds’ super money, the SDRs, to the top of the heap in the financial world. As I noted several times in those studies, it was highly probable that the Cabal had made a secret agreement with the Chinese in a back room to get China’s endorsement of the SDRs.
As noted in Goldsmiths 55 and 58, I must still confess ignorance of any logical reason on why China would use her influence internationally to push more fiat paper on the world to play into the hands of the Rothschild Cabal which invented and pushed the SDRs from the beginning.
In the 19th century, and much of the early 20th century, Europeans and Americans invaded China and took over much of her trade and economy. Those Goldsmiths cited the Western exploitation and abuse of China and how China eventually reacted with rebellion over this exploitation in the British-Chinese opium wars of the 1840s, in the Boxer rebellion around 1900, and later in the US gunboat uprising in the 1920s (these last two events were made into Hollywood movies—55 Days at Peiking and the Sand Pebbles).
While uninformed Americans will never get it, and obviously many Chinese too have failed to get it, but US and European gunboats were patrolling Chinese waters in the 1920s not to do America or Americans any favors. They were there to protect Rothschild and Rockefeller economic interests and property.
The Chinese should wake up and quit blaming the American and European peoples for this oppression. This exploitation of China was all engineered by and directed by the Rothschild Cabal of super bankers which have been exploiting and stealing money from the people of North America and Europe for centuries. But despite the Cabal’s plutocratic plundering and exploitation of China, the modern Chinese have played directly into the Cabal’s hands by promoting the SDR thing and continuing to buy and hold the Cabal’s fiat currencies and paper. It is an enigma which I simply have not understood.
Something Happened
For many of us, if we had been alert on what was happening in China and globally, maybe we could have put two and two together and better understood the Chinese moves to support and placate the Rothschild Cabal in its efforts to manipulate and control the world’s financial markets. Anyway, to grasp what was happening, we need to digress to a Bloomberg report of Feb 11, 2009 by Belinda Cao and Judy Chen on “China Needs U.S. Guarantees for Treasuries, Yu Says.”
For this story, Cao and Chen cited the thinking of Yu Yongding, a former advisor to the Chinese Central Bank and now head of the World Economics and Politics Institute at the Chinese Academy of Social Sciences. Yu issued a call in February for China to have guarantees from the US that China’s holdings of $682 billion of US debt will not be eroded by “reckless policies.”
Per the report, China would voice its concerns to US Secretary of State Hillary Clinton when she was to visit China on Feb 20, 2009--according to He Zhicheng, an economist at the Agricultural Bank of China. He Zhicheng, in Beijing, added that “In talks with Clinton, China will ask for a guarantee that the U.S. will support the dollar’s exchange rate and make sure China’s dollar-denominated assets are safe. That would be one of the prerequisites for more purchases.”
Zhang Ming, Secretary General of the International Finance Research Center at the Chinese Academy of Social Sciences in Beijing said: “The government will be a net buyer of Treasuries in the short term because there’s no sign they have changed their strategy. But personally, I don’t think we should increase holdings because the medium and long-term risks are quite high.”
Yu went on to add that China “should diversify its reserves away from U.S. Treasuries if the value of China’s foreign-exchange reserves is in danger of being inflated away by the U.S. government’s pump-priming.” Lu Zhengwei, an economist at the Industrial Bank in Shanghai added that “China can also use this opportunity to get a promise from the U.S. not to make inappropriate requests on bilateral trade and the Chinese yuan.”
The essence of this revealing story is that Chinese leaders were greatly concerned about the wild spending and give away programs of America. They were so concerned that they were going to lay it on the line with Clinton—no more buying of US paper without some guarantees. And the word guarantee implies more than simple lies and deception from Geithner and America’s secret plutocratic rulers. The Chinese have had brains enough to demand something concrete and in writing.
So the question here is what could have transpired at Hillary’s Feb 20, 2009 meeting in Beijing to prompt continued Chinese purchases of US paper. What happened has been slowly revealed—but not by the Cabal’s controlled media (which always lies and deceives the American people about the real world). For some answers, this Goldsmiths will turn to some alternative media sources.
The Likely Explanation
Some days ago, I picked up on a news item from Kemble’s Trumpet and several other sources about a reported agreement signed by Secretary of State Hillary Clinton to China in Feb 2009 providing the guarantees asked for by China in order for China to continue buying and holding US debt. Specifically, the story said that the US agreed to grant China collateral on the paper by granting China eminent domain in the US to collect on the debt if it goes bad.
I tried to turn up something on this theme from the controlled media. I failed to find any reports from that source. But I did locale a number of reports from alternative media sources. For example, a report of Feb 26, 2009 from fico in the Daily Paul Liberty Forum: “Sources at the United States Embassy in Beijing China have just CONFIRMED… that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves! The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.”
Snopes.com is an alternative news source that follows some of the alternative news reports and tries to debunk them (of course, some are gossip tales that should be debunked). Snopes said the report could not be confirmed by the national media sources and that eminent domain couldn’t grant Chinese rights to take private property in the US.
A Feb 28, 2009 story on this from Picassodreams.com attempted to clarify things: “According to the Hal Turner Show, Hillary Clinton agreed to give China Eminent Domain over the United States to secure the latest round of debt, meaning that when the U.S. defaults on its debt this summer, China and other countries will have first pick at U.S. resources. It happened in Argentina not too long ago.”
This source added that the U.S. already has such an agreement, made in 1972, when the U.S. went off its support of gold and said: “Nixon needed to find a way to continue to fund the military industrial complex and thus created the Environmental Protection Agency to ensure that Americans would not drill, mine or develop federal lands used to secure debts to foreign bondholders. It also gave the government the power to snatch up huge swaths of land in the name of environmental protectionism.”
This report had some words from a Dr Ott who discounted the Snopes rebuttal by saying: “Given her past acceptances of PLA influence peddling, there is no doubt whatsoever in my mind, that Hillary Clinton not only gave the PLA military leaders just such a signed document, but sealed it with a kiss as well. Whether it is called ‘eminent domain’ or ‘mortgage repo authorization’ -- the desired effect is the same. Foreign, COMMUNIST troops have now been given the legal authority to operate as constables on American soil. Treason by any other name, is still an odorous offense.”
The Bottom Line
I don’t for a minute believe that the cited Chinese authorities would renege on their own words and continue to buy US paper without getting something in writing offering China some measure of security in the form of collateral and some guarantees on the dollar (since the US will ultimately print dollars to pay off its debt). My take is similar to Dr Ott. I don’t know that the agreement actually used the words Eminent Domain. But whatever it’s called, it undoubtedly provided a type of mortgage on likely the US public lands and the mineral and economic rights thereof. I can’t perceive that China would be stupid enough to do otherwise.
As to whether the US controlled media reports on a story like this or not, this is a non issue. The Rothschild controlled media does whatever it wants to and the American people accept it. But there is some change in the wind because I had a story at www.analysis-news.com that alternative news sources will begin to play an ever increasing role in US affairs in the coming days. I agree with this. The American people have been asleep for many years now. But some of them are beginning to wake up.
When I started writing about the Rothschild Cabal and its manipulation of the financial markets back in August 2008, few people had any idea at all about what was going on. But over time, that stance is changing. More and more people are waking up and realizing that the plutocrats have been ripping off our nation and people for almost 100 years now (since 1913). Such comprehension was largely unknown a few months ago.
The obvious conclusion here is that the US did sign an agreement which provided some collateral to the Chinese to induce them to continue buying and holding US debt. I think the most logical thing that was covered was China’s rights to the US public lands and their minerals and economic benefits. It is also probable that America made some pledge on holding the value of the dollar up (but this one could be reneged on easily enough).
Now, should we use our heads on this theme or should we close our eyes and hope that ABC, CBS, NBC, CNN, Washington Post, New York Times, Newsweek, Bush, Obama, Geithner, Clinton, Bernanke, and their likes will tell us the truth about what is going on. I submit that this team of liars cannot be depended on for any measure of truth.
Manifestly, China has received something to induce her to keep buying US paper. It may be a mortgage on the US public lands or something else (news continue to surface that various foreigners want US bonds denominated in foreign currencies—like the yuan, yen or euro; so it’s possible the Chinese may get some US paper denominated in the yuan currency). Yet, even here, with whatever Obama has promised, she will wake up one day and abandon US debt. It is inevitable. By then, gold prices should be going into the sky.
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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, Dutch, Polish, Chinese and other foreign languages. 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-news.com.
-- Posted Friday, 31 July 2009 | Digg This Article
| Source: GoldSeek.com
