Pat Robertson should read the US Code. If you threaten or intimidate foreign officials you shall be fined under title 18, section 112(b) or imprisoned not more than six months or both. There is absolutely no doubt that Robertson attempted to threaten President Chavez. Robertson’s comments did not contain a threat to kidnap or injure Chavez. He wanted to assassinate Chavez. His threat to take him out, especially when combined with the explanation that this would be cheaper then war, was clearly a threat to kill. With Robertson’s following of Christian soldiers, who knows what one of them might do? It is no wonder President Chavez has put a temporary hold on missionaries.
On March 16, 2006, that is just six months away, the Iranian Oil Bourse is slated to open. That could be a lucrative market because the world buys $5.5 billion worth of crude a day. That is quite a bill so buyers would like to cut costs. Non-US-dollar holders pay extra cash to buy oil because they have to convert local currencies into US dollars to buy oil. This is a hidden tax and the receipts go to the international bankers. This will not happen if contracts are allowed to be denominated in euros or other currencies such as gold.
Presently one-third of oil revenues end up in the hands of OPEC members. Interestingly OPEC members only hold $120 billion in direct dollar holdings, equally split between equities and debt. That means reserves are being invested elsewhere, probably in euro assets.
Why would Iran accept dollars when the US is threatening to turn their country into a nuclear waste dump? Unless Iran is attacked, that oil exchange is going to open and trade. It has already been approved by the International Petroleum Exchange in London and the New York Mercantile Exchange (NYMEX.) Europeans will still deal with Iran because trades will be in euros and those countries sell lots of goods to Iran and the Middle Eastern countries and Europeans buy almost 40% of Middle Eastern Oil. There is no question in our minds that if that oil exchange opens the days of the dollar being the world’s reserve currency is over. Their 57-year monopoly will be history. The Feds’ own statistics prove the dollar has been subject to diversification over the last several months. Dollar reserves have dropped from about 70% to 62% in foreign countries. China has told us they are diversifying by going to a basket of currencies to base the value of their yuan.
The use of cheap nuclear energy is a natural for Iran. Once that is in place they can export more oil, become more prosperous and be more helpful to world oil consumers. Nuclear power in Iran would make OPEC the oil cartel even stronger. The actions by Iran in and of themselves would tend to strengthen the euro as well and give it more status.
If this exchange goes forward successfully there then could be a move to trade other commodities in other currencies not just dollars. Remember the whole world gains if commodities are traded in currencies of several nations. It will mean the end of America’s monopoly.
As we have mentioned before, when President’s Bush and Fox and Martin had their secret meeting in Crawford, TX in March 2005 in secret, they laid out the amalgamation of Canada, US and Mexico that will be followed by the absorption of the CAFTA countries forming a single state of North America. The agreement was signed without the consent of the government and the peoples of these three countries. In fact, 99% of them do not know such a secret agreement exists. Among elitists these regulations, not exposed to Congress or the people, are called a tri-national merger or NAFTA Plus or the Security and Prosperity Partnership of North America. Your national media did not tell you about this did they? Congresses are not rubber stamping global, expansionist goals so the illuminists are using regulations and executive decrees and orders to circumvent elected representatives and the people. The legwork is being done by NGOs (non-Governmental Organizations) via funding from foundations and think tanks controlled and used as conduits for elitists goals.
In the process the US will be the big winner with cheap labor, control of commodities and monopolies. We can promise you the expansion of globalization has nothing to do with security. The US is not only after Canada’s oil, gas and minerals, but also its water. The transnational corporations existing in Canada and Mexico would have unrestricted access to the US market. The big winners are international conglomerates and a government bent on destroying our sovereignty and safety. In the final analysis the joining will not be equal.
Needless to say our media tells us nothing negative about NAFTA. We only hear the positive propaganda. The US was inundated by illegal aliens and our balance of trade deficit with Mexico and Canada has skyrocketed. The biggest losers are the Mexicans, particularly the poor, uneducated and farmers. They face greater unemployment and poverty and inequality. The rich in Mexico got richer. Few jobs in 11 years have been created in Mexico. You either become an illegal alien, join the black economy or become a criminal. It is amazing how little crime there is in Mexico considering the circumstances. In four years Vincente Fox has not created one new job. He has been a spectacular loser for the people and that is why socialist Mr. Lopez Obrador, former Mayor of Mexico City, will be the next president. That is if US elitists do not assassinate him like they did Donaldo.
The biggest goal of NAFTA Plus is not only regional government and eventually world government, but also to take America down to the level of a second world nation. Through amalgamation and a standard of living 50% or more less, Americans will accept anything.
9/11 and the security measures put in place, which included trade, took on crisis proportions especially with Canada and that is when one of the neocon think tanks came up with the idea of taking steps to erase the border by harmonizing its policies, laws, norms, etc. and most important intelligence and security measures to American standards. Canada had to show it was secure to eliminate the border. The deal was that with open borders the US would have unrestricted access to Canada’s natural resources. This plan is now well advanced. Underway already are harmonization of military and homeland security and global security. Effectively that makes Canada’s enforcement subservient to US elitist interests.
In the case of Mexico, Fox proposed letting as many Mexicans as possible into the US so they can stay there and work and sent $16.8 billion annually home to Mexico. Part of the deal was for Mexico to militarize its southern border to keep out illegal aliens, most of who were on their way to the US. We are told part of the deal was to privatize Pemex, the country’s nationalized oil company and the CFE, the Federal Electricity Commission.
Canada for years has allowed the US immigration to operate directly on its territory to check passengers headed into the US. Now agents will gain jurisdiction and authority to operate within Mexico. Such a program has begun from Cancun and Mexico City to the US. If an undesirable is spotted they are not allowed to enter the US. Mexican lawyers call this a legal non-competence of US agents that violates Mexican jurisdiction and sovereignty. It constitutes a crime subject to penal action under Mexican law. Obviously that does not bother Mr. Fox and PAN.
US elitists have every intention of sucking Mexico’s oil reserves dry in 12 years. They want to access the abundant natural gas and silver and also a vast fresh water reserve in the State of Chiapas.
CAFTA and NAFTA Plus are additional ways of moving toward FTAA - Free Trade Area of the Americas. Looting of Canada and Mexico is very important to US elitists; because they say otherwise the US cannot survive. This will be accomplished with massive cash payoffs to Mexico and Canada, which the Fed will print up on demand. Previously, enormous amounts of cash were sent to Ireland, Portugal, Spain and Greece, when they joined the EU. The same will happen in Mexico.
FTAA and the creation of one region in the Americas is being ramroded by the Canadian Council of Chief Executives, the Mexican Council of International Affairs and the Council on Foreign Relations in the US. Their plan is to immediately create a unified North American Border Action Plan. Create institutions necessary to sustain a North American Community. Adopt a “Common” external tariff. Stimulate growth in Mexico. Develop a North American energy and natural resource security strategy and finally deepen educational ties.
This past June the three nationals signed 300 regulations that contain the standardization of policies for monitoring travelers and goods moving from third countries, including systems for visa clearance, categorization of high-risk travelers and trustworthy travelers, and the future implementation of a smart card for those wanting to transit swiftly through common borders of the region.
The citizens of all three countries are being sold down the river. The US and Mexico already have been injured so that elitist interest could get ever richer. Listen to this. Only 10% of the Mexican populace has benefited from NAFTA. The 10% makes over $1,000 a month. That indicates the real winners are from within the top 2% of the population. That is two million people out of 102 million were able to profit, is a big way from NAFTA.
Citizens of all three countries are being deceived. What is next is a customs union and labor that can travel from one country to another. Next is the new single currency for the Americas, the “AMERO.” This will destroy the sovereignty of all three countries. It effectively will give the elitist bankers at the Federal Reserve control over all the wealth of the Americas.
TriGránit Development Corporation in Hungary, which is owned by AIG’s New Europe Fund and the European Bank for Reconstruction and Development, has some new buyers. They are Nathaniel Rothschild (co-chairman of Atticus Capital, the New York-based alternative investment firm, son of Lord Jacob Rothschild, and senior member of the English Rothschild family), Sándor Csányi, CEO of OTP bank, a major bank in the region and none other than Peter Munk, Chairman of Barrick Gold, one of the long-time manipulators of the prices of gold and silver. He and Barrick have been the subject of a lawsuit by Blanchard & Co., which is close to closure. Mr. Munk originally came from Hungary. TriGránit Development is a real estate company and investor, the largest in Central Europe. Their assets are $700 million.
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GOLD, SILVER, PLATINUM, PALLADIUM AND DIAMONDS
The World Gold Fantasy Council can find more ways to waste gold producers’ money then any group we have ever seen. We wonder what part of the $60 million went toward discovering Abby Z and her spring collection entitled “Its Good to be Me with Fine Jewelry.” You don’t need fine jewelry, you need lots of jewelry. This is a sick joke. How do shareholders of these donating producing gold companies put up with this thievery crap? This has nothing to do with the reality of the gold market.
Gold still remains strong in other currencies. The euro in gold terms finished last week at 355.86 down from 359.09 on the week, still above its breakout at 350.
Gold production has been declining in Australia for the past few years, dropping 15% over the past 10 years to 265 tons last year. That is eight tons less than 2003/2004 year.
China will surpass India in a few years as the world’s largest gold consumer. Jewelry and gold sales are up 13.9%. Average incomes are up 9.5% in urban areas. Retail gold sales were up 11% to 224 tons in 2004. The prediction is 600 tons off-take within five years. Small investors are welcomed via passbook accounts. Import duties on gold fell to 20% in 2005 from 23.5%. The fall in the value of the dollar has also been a factor as has been a falling stock market.
India’s purchases of gold are truly breathtaking. In 2004, demand grew 17.6% to 643 tons versus 547 tons in 2003, and then in the first quarter it rose 72% to 243 tons. The second half of the year with the festivals is usually the strongest buying period. The opinion is that money is moving from a booming stock market into gold.
The gold suppression cartel is in real trouble. They could be close to being out of gold. We are over $440 an ounce and there is still room for $150,000 new longs. The gold/oil ratio is close to 6.4 to 1. The norm historically is 15. Once reversion takes place gold will rise well over $850 an ounce.
The shortfall of gold production to usage is 1,500 tons a year and the suppression cartel has less than 5,000 tons left. Mine supplies are falling. The game will soon be over.
Katrina was the kind of event we’ve been looking for to send the economy down and gold and silver up.
A Liechtenstein gold mutual fund says they see $600 gold soon.
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