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Thursday, May 2, 2013

AMERICA'S GOLD: THE YELLOW BRICK ROAD TO EMPTY VAULTS AND CHINA'S RISE

TEXAS, OF ALL PLACES, HAS JOINED THE CRY FOR THE FEDERAL RESERVE TO RELEASE ITS GOLD.
TEXAS WON'T GET AS FAR AS GERMANY DID.

THE POINT IS, IT LOOKS LIKE THE WHOLE WORLD IS GETTING ON THE BANDWAGON TO DEMAND THEIR GOLD FROM THE FED, AND TO ACQUIRING GOLD.

DO YOU THINK EVERYBODY CAN BE WRONG TO START GATHERING GOLD AND DUMPING U.S. DOLLARS?

WAS IRAQ, IRAN, LIBYA STUPID FOR IMAGINING A GOLD DINAR, FOR WANTING GOLD FOR OIL?
CAN'T WE IMAGINE THAT ALL OPEC NATIONS HAVE ENTERTAINED THE THOUGHT OF GOLD FOR OIL?

EVERYONE SEEMS TO KNOW WHAT MOST AMERICANS DON'T WANT TO FACE...
THE VAULTS ARE EMPTY...THE GOLD IS GONE...THE FED HAS BEEN CAUGHT WITH ITS PANTS DOWN ABOUT ITS ANKLES AND DOESN'T KNOW WHAT TO DO BUT DRIVE GOLD PRICES DOWN AND PRINT MORE AND MORE AND MORE FIAT MONEY.
IF THE FINANCIAL MARKET FALLS FOR THE FED'S TRICKS SO IT AND THE BANKING CARTEL CAN GOBBLE UP GOLD, IT DESERVES THE FALL.

WHEN NIXON, BACK IN 1971, FOREVER TOOK THE U.S. OFF THE GOLD STANDARD, IT WAS A SILENT ADMISSION OF THE FACT THAT AMERICA COULD NOT AND WOULD NOT AGAIN BACK THE DOLLAR WITH GOLD. FORT KNOX WAS EITHER EMPTY OR CLOSE TO EMPTY WAY BACK THEN, AND THE FED WOULD SHOW THE WORLD ONLY "GOLD ON PAPER" FROM THAT POINT ON.
NO AUDITS, NO DEMANDS WERE MET BY NATIONS DEMANDING THEIR GOLD THEN, AND NONE ARE BEING MET NOW.
HOW CAN THE FED OR THE FORT SHOW ANYONE WHAT ISN'T THERE?
FROM FDR TO NIXON AND CERTAINLY TODAY, THE MYSTERIOUS DISAPPEARANCE OF AMERICA'S GOLD RESERVES HAS PERPLEXED MANY.
AND THEN...GOODBYE 'SILVER CERTIFICATES, AND HELLO TO 'SILVER THURSDAY' , MARCH 27, 1980.
AFTER THE HUNT BROTHERS HAD ACCUMULATED 1/3 OF THE WORLD'S SILVER, AND COMEX INITIATED 'SILVER RULE 7', SILVER FELL FROM $48.70 PER TROY OUNCE TO HALF THAT IN JUST 4 DAYS.
SOUND FAMILIAR?
SOUND 'POWERFUL'?
DOES IT SOUND LIKE 'SOMEONE' CAN MANIPULATE THE MARKET 'WITH THE GREATEST OF EASE'?
HE WHO MAKES THE RULES MOST OFTEN WINS THE GAME, YES?

DURING AND AFTER WORLD WAR 2, THE FED CONVINCED THE 'ALLIED' WARRING NATIONS TO "SAFEGUARD" THEIR GOLD STORES BY SHIPPING THEM TO THE U.S. AND ISSUED "CERTIFICATES OF DEPOSIT", PROMISSORY NOTES, SO TO SPEAK, THAT THOSE NATIONS COULD HAVE THEIR GOLD BACK WHEN THE WAR WAS OVER.
FEW MAY KNOW THAT MANY OF THOSE WHO PRESENTED THOSE PIECES OF PAPER TO GET THEIR GOLD BACK WERE ACCUSED OF EVERYTHING FROM FORGERIES TO ATTEMPTED ROBBERY!
ONCE IT HAD THE GOLD, THE FED NEVER PLANNED TO GIVE IT BACK.

HOW MANY MAINSTREAM NEWS MEDIA CARRIED THE SHOCKING NEWS THAT THE U.S. WAS BEING SUED BY A GROUP OF ASIAN 'INVESTORS' FOR OVER ONE TRILLION DOLLARS IN 2011?
A mysterious trillion dollar lawsuit filed on November 23, 2011 in the U.S. District Court for the Southern District of New York, claims that 134.5 billion dollars worth of gold was secretly given to the U.S. government in the mid-1930s by the Nationalist government of China for safekeeping.

The lawsuit claimed that 1934 U.S. Federal Reserve notes were issued to the Chinese government, and the gold transferred to the Federal Reserve Bank.

<<It is claimed that a total sum of almost one trillion dollars representing both the principal and accumulated interest of the 1934 Federal Reserve notes was fraudulently taken from the plaintiff, Neil Keenan, an agent for the owners, a mysterious Asian entity called “The Dragon Family.”>>

What makes this lawsuit worth paying attention to is that involves the unresolved June 2009 case of two Japanese citizens caught on a train in Italy while traveling to Switzerland with 134.5 billion dollars in US Federal Reserve notes, bonds and other financial instruments.
Furthermore, the lawsuit reveals a coordinated international effort to launder, trade and defraud owners or investors of bonds and other financial instruments issued against the “black gold”.

 
The principal plaintiff in the lawsuit, Neil Keenan, claims to have been defrauded by a number of official government agencies and political figures including a little known organization called the Office of International Treasury Control (OITC), and its principal officers Dr. Ray Dam (President) and David Sale (Deputy Chief of the Council for Cabinet of OITC).
On the other hand, Sale claims that Keenan and his accomplices fraudulently gained possession of the bonds from the OITC.
OF EXTREME IMPORTANCE IN THIS ODD CASE IS THAT NEITHER PARTY CONTESTS THE OWNERSHIP OF THE BONDS NOR THEIR VALIDITY.
[SEE SOURCES FOR THIS STORY BELOW]

Joe Wiesenthal, the editor of BusinessInsider.com, said that whether this was a government dumping its bonds or a counterfeit operation, it was “gigantic” in scope and,
“unlike anything we’ve ever seen - not just in size but also in sophistication.”


According to Wiesenthal, in order to counterfeit these bonds,
“it would be the kind of technology you would expect only a government to have.”
BUT WHAT IF THE FED INTENTIONALLY PRINTED THE "BONDS" TO LOOK FORGED, TO APPEAR FAKED? THEY GRAB THE GOLD, STORE IT, THEN SCREAM FRAUD AND FAKE WHEN THEIR OWN ISSUED 'CERTIFICATES' COME BACK TO THEM. THAT WAY, NO ONE COULD EVER CLAIM THAT GOLD. 
CLEVER SCHEME, ISN'T IT?

THE LAWSUIT WAS SUGGESTED TO HAVE BEEN A HOAX, BUT PDF FILES DO EXIST OF IT.
GO LOOK FOR YOURSELF

There is a search window that opens up when you go to pacer.gov and register as a user. This website is a public service that allows you to search for any and all legal cases that have been filed in America. Once you’ve set up your user account, type in “Keenan, Neil” under “Party Name”, and you will then see A LIST...Notice the fifth item down on the list… 2011-cv-8500, filed on November 23, 2011. That’s the one. CLICK ON THAT.
HERE'S A SCREEN CAPTURE OF THAT LAWSUIT, WITH PHONE NUMBERS, ETC.
http://2.bp.blogspot.com/-40mK2axHZuY/TuspE0hHVSI/AAAAAAAAAfU/q2pxWa9BM28/s1600/pacer_keenan_summary.jpg

LIKE I SAID, THE FEDERAL RESERVE CHEATED MANY OUT OF GOLD DURING AND AFTER WORLD WAR 2.
WHERE IS ALL THAT GOLD NOW?

I LOCATED 4 " OFFICE OF THE DEPUTY INSPECTOR GENERAL FOR AUDITING" FILES IN PDF THAT I FOUND VERY INTERESTING, BUT NOW CAN ONLY REACH THEM FOR DOWNLOAD HERE, AND ONLY IN PDF:
http://web.archive.org/web/20040114121133/http://www.dodig.osd.mil/audit/reports/
GOT TO LOVE THE 'WAYBACK MACHINE'...IT FINDS SOME FILES THAT WERE "DISAPPEARED", IF YOU KNOW HOW TO SEARCH.
3RD QUARTER, FISCAL YEAR 2003...VERY STRANGE READ.

BACK TO CHINA RISING:

CHINA AND RUSSIA BEGAN SERIOUSLY DUMPING DOLLARS IN NOVEMBER 2010.
This came in the form of announcing "bilateral trade"...or, if you think about it, that they would BOTH 'put the screws' to America?
http://www.ibtimes.com/china-russia-dump-us-dollar-bilateral-trade-248234
This was really just a continuation in a series of efforts by both countries to move away from  the U.S. dollar in international trade. But it further threatened the dollar's reserve currency status.
It was a strong signal to the rest of the world, perhaps, and one-by-one, most nations are following China and Russia.

China announced in April, 2011, that its foreign currency reserves were "excessive" and that they needed to return to “reasonable” levels.
http://www.zerohedge.com/article/it%E2%80%99s-official-china-will-be-dumping-us-dollars
 Translation? maybe something like,  “We are sick of the U.S. Dollar, it isn't worth the paper it's printed on, everybody knows it, and we will be taking steps to lower our holdings of the stuff”? Remember, the Dollar is, or was, China’s largest single holding. And China had already begun dumping Treasuries (U.S. Debt) in large quantity 2 years prior.

In August, 2012, China made it perfectly clear that the YUAN, NOT THE DOLLAR, would be the currency of its ENTIRE foreign trade.
While China has flirted with the Euro, it only makes for a good power play to announce it is now the YUAN other nations need to keep in the front of their minds.
China isn't exactly 'export-dependent' anymore, so they have a solid backing to go with the requirement for payment in YUAN.
Why keep propping up the failing Dollar? Why NOT push the yuan?
After they sell-off those U.S. Treasuries, why would they care if the Dollar takes a fatal dive?

With Congress and Obama's merry gang deciding (STUPIDLY) to impose heavier tariffs on Chinese imports here in the U.S. (RETALIATION FOR CHINA'S DUMPING THOSE DOLLARS AND TREASURIES?) , does anyone really think China gives a hoot?
There are other, bigger markets, and China's population aren't the impoverished lot that America still thinks of them as.

THE SLEEPING DRAGON IS VERY MUCH AWAKE, AND DETERMINED TO DOMINATE.
CHINA CAN ALSO USE A VERY GOOD LEVERAGE IN THE POWER-PLAY ARENA:
RARE EARTH MINERALS!
WHO HAS MORE THAN THEY DO?

WAR GAMES, IN THE ECONOMIC ARENA

Few people are aware that back in March 2009, the Pentagon, for the first time, held a series of economic 'war games exercises'
The weapons were stocks, bonds and currencies. The participants were divided into teams: the U.S., China, Russia, Japan, the European Union and so on. Then the teams were presented with different scenarios -- North Korea is imploding, a major global economy is melting down -- and told to do what was in their best interests.
American intelligence experts watched as the economic conflicts played out.
What the exercises showed was that the U.S. consistently lost to China in economic warfare.

Part of the reason was that the U.S. could be easily distracted by expensive side conflicts that sapped our economic strength. But the more important reason was that China could inflict real pain on the U.S. without feeling it at home.
For instance, just one SMALL way China won was by simply moving the maturities of some of its $850 billion in Treasury holdings from 90 days to 60 days, which would EASILY cause chaos in the U.S. stock markets.
[SOURCE: http://www.huffingtonpost.com/eric-j-weiner/can-anyone-talk-to-china_b_752894.html ]

THE ONE THING THAT MIGHT, JUST MIGHT STOP CHINA'S MOVE TO NUMBER ONE IN THE GLOBAL MARKET IS HER ENVIRONMENT.
For decades now, China has simply produced, produced, produced...environment be hanged.
The air in major cities and near those is literally KILLING people.
Entire villages have grown up composed of the terminally ill.
[See: http://www.huffingtonpost.com/2013/02/23/china-cancer-villages-pollution_n_2744879.html ]
If China doesn't find a way to produce without so much pollution, she'll simply kill off her people and revert to being perhaps a secondary power.
If air pollution isn't properly attended to, factories will have to shut down from lack of workers.
That is NOT as big a stretch as you think.
Americans returning from China each week report how sick they got there, how you can literally TASTE the air. Visibility is almost nil above Beijing, and the entire country is going to reach the breaking point if the government doesn't do something quickly.
Air, water, soil...pollute all those and your days are numbered upon this earth.

NEW NATIONS JOINED THE BAIL-OUT FROM THE DOLLAR EVERY MONTH THIS YEAR.

In March, Australia decided to go the same route.
Australia exports 30% of its goods to China, and now ranks #5 for Chinese imports. It's a "mutual admiration society" between the two, economically.


http://www.zerohedge.com/news/2013-03-31/thanks-world-reserve-currency-no-thanks-australia-and-china-enable-direct-currency-c
<<Australia is set to say goodbye to the world's "reserve currency" in its trade dealings with the world's biggest marginal economic power, China, and will enable the direct convertibility of the Australian dollar into Chinese yuan, without US Dollar intermediation, in the process "slashing costs for thousands of business" and also confirming speculation that China is fully intent on, little by little, chipping away at the dollar's reserve currency status until one day it no longer is.>>
Former Australian ambassador to China Geoff Raby, now a Beijing-based business figure, told The Weekend Australian: "The value of such a deal would be substantial for exporters to China, especially those that import a lot from China like mining companies, as it would remove business constraints including exchange-rate risks and transaction costs."
http://www.theaustralian.com.au/national-affairs/foreign-affairs/pm-set-to-sign-china-currency-deal-in-boost-to-exporters/story-fn59nm2j-1226609244139

SO, HOW IS IT STACKING UP AGAINST AMERICA AND THE DOLLAR?
IT'S COMPARABLE TO A NUCLEAR ATTACK, WITHOUT THE NUKES!
IF THE NATIONS THAT ARE DUMPING THE DOLLAR AND SELLING TREASURIES HAD ARMED AND INVADED AMERICA IT COULD HAVE BEEN A BIT WORSE...
CHINA, RUSSIA, ALL OPEC NATIONS, THOSE ON THE EURO (LIKE IT OR NOT), SOUTH AMERICA, MEXICO, AUSTRALIA...ALL RUNNING FROM THE DOLLAR.
BUT WHAT ARE WE RUNNING TO, IF NOT EVENTUALLY BACK TO PRECIOUS METALS?
WILL ANYTHING IN PAPER EVER HOLD UP?

DOLLAR HEGEMONY
 Henry C.K. Liu popularized thIS term in the article "Dollar Hegemony has to go" in Asia Times, April 11, 2002.
Yes, even that far back many nations saw the handwriting on the wall.
WHY DIDN'T AMERICANS?
And how did it happen that a paper FIAT currency became THE ONE with which all nations paid for OIL?
The TRIFFIN DILEMMA tells us that the nation whose currency OTHER nations wish to hold (the so-called 'global reserve currency') must be willing to supply the world with an EXTRA supply of its currency to fulfill world demand for this 'reserve' currency (foreign exchange reserves) and thus cause a trade deficit. BUT, this inevitably leads to  tension between NATIONAL monetary policy and GLOBAL monetary policy. We can see this in fundamental imbalances in the balance of payments, specifically the current account as some goals require an overall flow of dollars OUT of the United States, while others require an overall flow of dollars INTO the U.S.
It didn't take long for this dilemma to create a monetary crisis. The number of U.S. dollars in circulation began to exceed the amount of gold backing them up as early as 1959. The world could see it happening, and so could we had we but wanted to.

Well, enter the 'London Gold Pool' and the 'General Agreements to Borrow' (GAB) in 1961, merely chess moves to forestall the inevitable.
These ploys sustained the system until 1967 when runs on gold and devaluation of the pound sterling were followed by the foreseen demise of the failing system.
America knew full well it could not keep up the Breton Woods system (it just isn't possible to run a balance of payments current account deficit and surplus at the same time!), so Nixon moved to suspend gold for dollars, and here we are...new dilemma, or is it the SAME one?

 Zhou Xiaochuan, governor of the People's Bank of China, said in March 2009, that the world should strengthen the existing global currency controls...through the International Monetary Fund (IMF). If you've read my blogs on THAT organization of the criminally insane, you know how I loathe the IMF....way too much power in the hands of the few.
Zhou (and others) carping for those IMF "special drawing rights" (SDFs) as the NEW "global reserve currency" gives me chills. But, the 2009 cursed G-20 London Summit okayed a go at it with 250 billion SDRs to be created by the IMF and distributed to all IMF members "according to each country's voting rights".
THEY SURE DIDN'T ASK THE REST OF US FOR AN OKAY!
AGAIN, THE CARTEL DECIDES, THE SHEEP BLEAT AND FOLLOW ALONG.
WE CAN LOOK BACK AND SEE WHERE THAT HAS GOTTEN US TO DATE!
Oh, but the IMF, clever lads, said that it prefers "a gradual shift to this new framework, rather than a sudden change".
HAVE YOU EVER READ THE AMERICAN STORY ABOUT "BRER RABBIT"? "PLEASE, DON'T THROW ME IN THAT BRIAR PATCH!"
IMF= BRER RABBIT'S CLEVERNESS.

A BOOK THAT THE U.S. STATE DEPARTMENT ABSOLUTELY LOVED:
Michael Hudson's 1972 book "Super Imperialism The Economic Strategy of American Empire" can be had in free pdf (but in the 2nd edition only) here:
http://michael-hudson.com/wp-content/uploads/2010/03/superimperialism.pdf
Have a go at that!
Quite an eye-opener!
CHAPTER 8: THE IMPERIALISM OF U.S. FOREIGN AID...CHAPTER 9: GATT AND THE DOUBLE STANDARD ...CHAPTER 12: POWER THROUGH BANKRUPTCY, 1968-1970...
AND, MAYBE MOST IMPORTANT FOR FOREIGN NATIONS TO UNDERSTAND: CHAPTER 15: MONETARY IMPERIALISM: U.S.“FOOD IMPERIALISM” versus A NEW INTERNATIONAL ECONOMIC ORDER, BECAUSE, YOU SEE, AS I HAVE TRIED TO SHOW BEFORE, AMERICA DOES USE FOOD TO INCREASE ITS GLOBAL POWER, AND KISSINGER, ET AL, WANTED TO USE THAT POWER FOR 'ABSOLUTE CONTROL', AS WELL AS A LITTLE GENOCIDE, PERHAPS?
Hudson's April 2006 Harper's cover story, “The $4.7 Trillion Pyramid: Why Social Security Won’t Be Enough to Save Wall Street,” helped defeat the Bush administration’s attempt to privatize Social Security by showing its aim of steering wage withholding into the stock market to reflate stock market prices for the benefit of insiders and speculators – and to sell to the pension funds. His May 2006 Harper's cover story, “The New Road to Serfdom: An illustrated guide to the coming real estate collapse,” was the first major national article forecasting - in precise chart form - the bursting of the real estate bubble and its consequences for homeowners and state and local government solvency.[4] The November 2008 “How to Save Capitalism” issue of Harper's includes an article by Hudson on the inevitability of a large write-off of debts and the savings they back.

In December 2011, he had two articles in Germany's Frankfurter Allgemeine Zeitung in the "Feuilleton" section. [ Für meine Leser aus Deutschland, bitte sehen sie:  "Der Krieg der Banken gegen das Volk" Frankfurter Allgemeine Zeitung (December 3, 2011)... und verzeihen Sie meine schlechte Deutsch.]

This is not OZ, my friends, and America's Federal Reserve/U.S. Treasury "yellow brick" gold road leads nowhere. Where we all go from here is in OUR hands, unless we give it away.
TRUST NO ONE, QUESTION EVERYTHING!
AND THINK!
THAT WILL SOON BE ILLEGAL!

"Economic Collapse Not Only Possible But IMMINENT" ...OFFERING THIS VIDEO TO ILLUSTRATE HOW MAINSTREAM MEDIA STRUGGLES TO SUPPRESS THE TRUTH.
PLEASE PAY ATTENTION TO THIS FINANCIAL MORON TRYING TO AVOID THE ARGUMENT THE MORE KNOWLEDGEABLE FINANCIAL EXPERTS ARE TRYING TO MAKE, THAT CRONYISM, NOT CAPITALISM, IS AT WORK IN AMERICA. HE DOESN'T WANT AMERICANS TO "GET IT"....THAT, LIKE THE FIRST FEMALE PANEL MEMBER TRIED TO SAY, THE ELITE PLAY BY A TOTALLY DIFFERENT SET OF RULES. AND, LIKE OTHERS TRIED TO INFORM THE FOOL, GOVERNMENT NEEDS TO GET OUT OF THE WAY AND LET CAPITALISM WORK!
YES, PUPPET MAN, GOVERNMENT AND THE FED DID CREATE THIS MONSTER!


A 2002 WARNING THAT WENT UNHEEDED (SEE VIDEO BELOW).
THE MAN WAS SPOT-ON WHEN HE SAID EXACTLY WHAT WAS HAPPENING, BUT NO ONE WANTED TO HEAR.
ALTHOUGH THIS BLOGGER WILL NOT LOAD THE ORIGINAL VIDEO OF PAUL ADDRESSING CONGRESS IN 2002, BUT THIS READING OF THAT SPEECH IS AVAILABLE...SORRY, READERS.
SEE THE ORIGINAL VIDEO HERE:
https://www.youtube.com/watch?v=pPG-rXt_xsY




[SOURCES:
(1) http://www.courthousenews.com/2011/12/05/41930.htm,
(2) http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayy1QKcwcGN0
(3) October 25, 2012 – CNBC Publishes article from PR Newswire Press Release: Major Banks, Governmental Officials and Their Comrade Capitalists Targets of Spire Law Group, LLP’s Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion to the United States Treasury
MARKETWATCH ALSO CARRIED THAT ARTICLE, AND THE ONLY REMAINING EVIDENCE OF IT, AFTER CNBC REMOVED IT NEXT DAY AFTER A CNBC EXEC'S CHILDREN WERE STABBED TO DEATH, IS ON SCRIBD:
http://www.scribd.com/doc/111316579/Major-Banks-Governmental-Officials-and-Their-Comrade-Capitalists-Targets-of-Spire-Law-Group-LLP-s-Racketeering-and-Money-Laundering-Lawsuit-Seeking
(4) WITH MORE DETAILS AND ADDITIONAL LINKS: http://www.asianews.it/index.php?l=en&art=15456&size=A
(5) Original Bloomberg article on the scandal:http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayy1QKcwcGN0
(6) IT HAPPENED TO OTHERS: http://www.hongpong.com/archives/2012/05/17/baffling-tale-millions-kg-asian-gold-mysterious-bonds-dragon-family-keenan-lawsu
WHICH TELLS OF OTHERS WHO MET SIMILAR FATES AS THE JAPANESE IN ITALY.
(7) http://iamamalaysian.wordpress.com/2011/11/24/the-lawsuit-that-could-end-the-gangster-rule-of-western-civilization/

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