LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines to Launch New Website

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA


GoldSeek Web

The Chosen Ones?

 -- Published: Friday, 14 February 2020 | Print  | Disqus 

Rob Kirby


What has happened to our capital markets?  The reactions to the onset of a global pandemic in our capital markets are, for the most part, fundamentally counter- intuitive and, in my opinion, will not continue.


Incapacitating the second largest and fastest growing economy in the world is no reason to “buy stocks” into record territory or conduct fire sales of precious metals.  If you drop a ball and it falls “up” I suggest you not jump to the conclusion that the laws of gravity have been repealed. Instead, you might want to take heed of the old adage, “It’s not nice to fool Mother Nature”.


American equity markets have celebrated treasonous, undermining, political assault and subterfuge:




Picture2.png (975×559)

Clearly, the DOW was chosen [ordained] to RISE.  Why?:  It makes the population at large [in the western world] believe in the narrative that a global pandemic coupled with treason on the home front is nothing to be concerned about – the economy is doing just fine.


Other Managed Outcomes

There is still a large constituency in our dystopian world who does not believe that the powers-that-be would engage in such financial shenanigans.

To begin wrapping your head around the “depths” and skulduggery that monetary officials will stoop to, let’s revisit some of the handiwork performed by Robert Rubin in the Clinton era.  The mindset at the Fed and Treasury might be best summed up by Robert Rubin as he reveals the motivation or drivers of crisis management in the interaction between himself, Lawrence Summers, the ESF [exchange stabilization fund], the IMF and presumably the Maestro at the Fed – during the Clinton administration.  On pages 290 - 291 of his book, In An Uncertain World, referencing the Brazilian financial crisis of the late 1990’s, Rubin outlines how very expensive “bad decisions” can buy time. Sometimes, he asserts, these bad decisions have a great deal of merit because they can,


“..Probably defer the impact of the collapse for six or eight months, and that will more than justify the effort.”


After reading this passage I could not help but ask myself if this type of thinking perhaps extends to the dollar, gold and the rest of our capital markets to this very day?


Lemonade from Lemons or Money from Thin Air?

Back in the day, Rubin was so adept at financial sleight of hand that his mastery of the “craft” was given its own name – Rubinomics.  In layman’s terms, it’s better labeled “making something out of nothing” or just plain old FRAUD.  It works something like this:

Back to 1995, in the twilight of the first Clinton Administration, Treasury Secretary Robert Rubin and the U.S. government were facing a sovereign default on financial obligations due to a bitter, partisan debate causing delay on raising the debt ceiling.  In the words of Robert Rubin himself in his book, In An Uncertain World, on page 170 he states,


“Without an increase, the federal government would hit the debt ceiling before the end of 1995, possibly as early as October.  Default and the President being forced to sign an unacceptable budget were both untenable.  We needed to find a way out, rather than simply hoping that at the last minute the opposition would blink and increase the debt limit.”


The response to this dilemma is chronicled by Rubin, on page 172, where he reveals,


“It was Ed Knight, our savvy chief Treasury counsel, who suggested borrowing from the federal trust funds on an unprecedented scale to postpone default.”


You see folks; as Mr. Rubin is/was well aware, the federal trust funds DO NOT AND NEVER DID CONTAIN ANY MONEY.  These accounts exist in the minds of accountants and lawyers [ledgerdom] only.  So here’s what really happened:


Beginning Nov. 12, 1995, the Treasury started issuing government bonds, IOU’s, and putting them in the Social Security Trust Fund “cookie jar” – with the Fed then PRINTING the corresponding amount of money they needed and called this a ‘legitimate loan’.  By accounting for their finances in this manner, the government got to understate their annual budget deficit by the same amount that they were burdening the cookie jar with IOU’s – all the while dramatically increasing the unfunded [off balance sheet] liabilities of the government by the same amount. 

Where I come from, this is neither savvy nor a loan.  It is better described as both treasonous and outright fraud.  Isn’t government finance fun?

Rubinomics provided the cover for the hollowing out of America’s middle class and involved the de-industrialization of the heartland.  Offshoring involved industrial mavens making a conscious decision they would rather pay workers 2 dollars a day than 20 bucks an hour plus benefits.  From the Late 1990’s onward, missing Trillions involved a further and more sophisticated refinement in LOOTING when the propeller heads realized they were facing this reality:


Elaborate financial shenanigans have continued, which we are aware of due to the diligent work of Catherine Fitts and Dr. Mark Skidmore who documented 21 Trillion in unsupported financial adjustments [missing money] in the books of DOD and HUD from the time period 1998 – 2015.  When the DOD failed an audit and the Trump administration was questioned about the missing money, new financial regulatory legislation was passed in the name of FASAB 56 which essentially took US Federal finances “dark”.

We don’t need no stinking accounting.

So here we are in the present day, facing a global pandemic known as Covid 19 [coronavirus].  I recently listened to someone I respect in this field, Mike Adams [] “the health ranger” speak about the virus.  Adams stated that the coronavirus is undoubtedly “manmade” as it demonstrates genetic markers/manipulations that could only have come out of a laboratory.  He then went on state that the Chinese military made the genetic modifications to this virus at their level 4 bio lab in Wuhan and their intention was to “unleash” this weapon-ized virus on America but something went wrong; according to Adams the disease was mistakenly released on the Chinese.


I just want to say that I take issue with this hypothesis.  While I do believe the virus is “manmade” [this has pretty much been scientifically proven beyond a shadow of a doubt at this point], I cannot agree with the notion that the Chinese military was behind this.  Reason:  if the Chinese “had it in for America” as Adams maintains, why would they develop a virus that is relatively benign to white and African peoples and “lethal” to Chinese men in the first place?  Anything lethal to Chinese men would represent an imminent danger to the Chinese leadership itself.


This line of thought is illogical, improbable and makes absolutely no sense to me.


What makes sense to me is that this was an orchestrated attack on China, whose Communist regime I abhor, but do recognize they represented a direct threat to the existing, faltering Anglo/American [Globalist] banking complex that has ruled the world with an iron fist for at least the past 200 years.


Other capital markets “tells” that, in my opinion, help identify the perpetrators [besides the counter-intuitive rise in equity prices] are the reactions by dollar alternatives, gold and the crypto-verse [bitcoin]:



Picture4.png (703×422)


 Since the New Year and the onset of coronavirus – gold [the nemesis of the Globalists] has risen 37 dollars to 1565.00 or 2.4 %.



The price of bitcoin [representative of the globalist’s digital “wet dream] has risen, since New Year, from US $ 6,979.00 to US $ 10,350.00 – up 48.3 %.

Ladies and gentlemen, if you cannot see that our globalist masters have chosen a “digital future” for humanity – read on: 



Rob Kirby

Rob Kirby

Rob Kirby is scared. He's trying to get a big book published on the "gold suppression movement" - one he's written because "Our way of life is in jeopardy and I fear for my daughter's [and everyone else's kids for that matter] future. It does not seem quite as bright as I once thought."

Rob will freely admit that he was once on the other side - a fellow working for major financial houses in Canada and quite content to label those who believed that large international players were manipulating the markets as "paranoid." Now he's in the same position.

Writes Rob:

"I have a completed manuscript of 70,000 words. It chronicles how I was moved from the camp of being a 'disbeliever' to that of 'ardent gold bug.' I then go on to chronicle the history [the whos, whys and hows] of the gold price suppression movement.

"Having spent my adult working life in financial markets, I was no stranger to the precious metals markets - or so I thought. It wasn't until I started working in the retail investment industry at Bank of Nova Scotia [a bullion Bank] that I really started learning about precious metals and gold in particular. I've worked in and have intimate knowledge of foreign exchange markets, Eurodollar markets, interest rate derivatives [FRA's and swaps], Government bond markets [both U.S. and Canada]. I know my markets but it was not until I got involved in the retail trade that I had intimate contact with the gold market. What I learned quickly about the gold market was that nothing made sense.

"I am a veteran of many markets but couldn't make heads or tails of what I was seeing. People who told me the gold market was rigged, I initially thought they were paranoid. Early on, I dismissed empirical observations and findings as merely coincidence but my curiosity was aroused. I started doing my own research - all Internet based. I started conversing on a regular basis with luminaries in the gold world. I've now met a great many of them. I started writing essays articulating my findings and have become a featured essayist at, and The essays I have written tell the story of my losing my naivete, becoming a writer and a conspiracy against gold. I have compiled and stitched them together with a lot of original, as yet unpublished material to create a quilt work that is comprehensible by lay people."

Rob was born in 1960 in Halifax, Nova Scotia and moved to Toronto, Ontario with his parents when 11. He received his post secondary education at York University [Economics] in Toronto. When he finished his degree, he went to work in the financial district [Bay St.] in Toronto. He worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers [which has subsequently been bought out by Cantor Fitzgerald], then spent two years at Garban Inc., another inter dealer bond brokerage in Toronto - and left the industry in 1996.

He started writing in 1997, and was involved in a number of entrepreneurial pursuits from marketing Buffalo meat to a part time stint in the giftware business. In 2002, he went to work for Investor's Group, the largest Mutual Fund Company in Canada. He worked there up until September '04 when he resigned to write about the markets - and his book - from a "gold bug's" point of view.

| Digg This Article
 -- Published: Friday, 14 February 2020 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.