Gold: Tectonic Shifts Abroad While Americans Still Clueless

Booming demand for gold as a store of wealth among Asian investors is driving physical gold bars and coins out of the United States and into Asia. …

Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China, according to IMF data compiled by Bloomberg. The added gold is also almost triple the weight of the Statue of Liberty.

The more gold a country has, the more sovereignty it will have if there’s a cataclysm with the dollar, the euro, the pound or any other reserve currency,” Evgeny Fedorov, a lawmaker for Putin’s United Russia party in the lower house of parliament, said in a telephone interview in Moscow. …

For the past decade, China has been slowly but surely issuing Yuan denominated bonds and securities around the globe, while simultaneously forming bilateral trade agreements with multiple nations and cutting out the U.S. dollar as the world reserve currency.  This process has gone mostly ignored by the mainstream financial media.  However, I and many other independent analysts could not overlook the red flags.  I tried to summarize as much of the situation and facts as I could in my article ‘How The U.S. Dollar Will Be Replaced’, which was published in May of last year:

The biggest question for me was, if China is one of the largest holders of Forex reserves on the planet, and had the largest savings of any nation, WHY did they feel the need or desire in 2005 to begin issuing Yuan denominated debt?  Why begin borrowing capital from foreign creditors?  They certainly didn’t need the money.  Why were they moving away from export dependency and building a consumer base?  And why attempt to proliferate their currency?  Wouldn’t the pursuit of global Yuan circulation lead to an eventual increase in valuation?  Didn’t the Chinese want their currency cheap so that they could maintain export superiority?  What did the Chinese know in 2005 that we didn’t?

Well, apparently they were either psychic, or SOMEONE gave them advanced warning.  They knew that there would be a crisis in American consumption and that this would lead to severe reduction in imports, which is why they began building trade deals within the ASEAN trading bloc to insulate themselves.  They knew that there would be considerable devaluation in the dollar, which is why they converted much of their long term treasury holdings to short term treasury bonds that they could dump with far more ease, and they knew that the IMF would be promoting Special Drawing Rights as a new reserve replacing the dollar, which is why they have been spreading the Yuan everywhere, earning them favor with the global banksters and inclusion in the basket currency.  In fact, China has been pumping Yuan into global markets even faster than the Federal Reserve has been printing the dollar …

As I have stated for many years, China is being groomed as an alternative economic engine in opposition to the U.S., and that this will lead to an eventual dump by them of the Greenback.  This scenario is not only based on my opinion, it has also been spoken of openly by elitist financiers, including George Soros …

It has been announced this week that China surpassed the U.S. for the first time ever as the number one trading power in the world …

U.S. exports and imports last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s total trade in 2012 amounted to $3.87 trillion. China had a $231.1 billion annual trade surplus while the U.S. had a trade deficit of $727.9 billion …

For those who are still not aware of why this is such a big deal, it is essentially a turning point moment in global trade.  There is no doubt that China will now be inducted into the SDR, and that their importance as a trade and consumption center will quickly lead to a move away from the dollar.  To put it simply, the dollar is going to lose its world reserve status VERY soon.  Many will cheer this change as necessary progress towards a more “globally conscious” economic system.  However, it’s not that simple.  Total centralization is first and foremost the dream of idiots, and in any mutation (or amputation) there is always considerable pain involved.  The proponents of this “New World Order” (their words, not mine) seem to have placed the U.S. squarely in their crosshairs as the primary recipient of this fiscal pain.
In my early analysis, I felt it possible that Japan would be inducted willingly into the new ASEAN trading bloc and that they would swiftly fall in line with a dump of the dollar, mainly because their export markets were suffering greatly due to the decline in American purchases.  Now it appears that Japan has not been as pliable as the globalists wanted, and so, a war may be on the table in the Pacific.

Rhetoric in Chinese newspapers has been very heated and provocative, and the tensions surrounding the Senkaku/Diaoyu Islands is reaching a boiling point.  The two countries have done everything so far EXCEPT shoot at each other, and that will be happening in due course now that China is allegedly locking offensive radar onto Japanese ships.  Even Chinese films released in the past two years have been soaked with anti-Japan propaganda, most of them usually set during WWII around the brutal invasion and subjugation by the Japanese in Chinese provinces.

The recipe is one of inevitable disaster, with the U.S. at the center of a boiling pot.  As I pointed in my last economic piece, we must now look to events rather than numbers to gain insight into where we are headed.  The time has come.  China is nearly ready for IMF inclusion.  Volatility around the world is high.  Our government has a final decision to make on the Fiscal Cliff in March, not to mention the sudden push for possible gun registration and confiscation.  My instincts tell me that so many explosive aspects coalescing together at the same tenuous moment is not a coincidence.  The next few months call for hyper-vigilance and every ounce of energy we can muster to educate as many people as possible in as short a time as possible.

I say again, China has surpassed the U.S. in global trade.  A drop of the dollar is the obvious next step.

Swiss gold fund manager Egon von Greyerz today tells King World News that there is now a great shortgage of silver for investment purposes. “You can still find gold, but silver is simply not around, and we expect the situation to get much worse,” von Greyerz says. “We are now to the point where we are going to begin to see a massive breakout in the price of silver.”

Jeff Nielson of Bullion Bulls Canada has written a series of three short commentaries, “Silver’s Smoking Guns,” identifying the strange anomalies of the silver business, which add up to powerful evidence that the silver market has been under price suppression for many years and that the metal remains dramatically underpriced.


GoldMoney founder and GATA consultant James Turk, interviewed today by King World News, reviews his research from nine years ago that concluded that almost half the official Western central bank gold reserves of 32,000 tons had been loaned into the market, probably mostly through Switzerland, Switzerland being the ideal location for disguising the gold price suppression scheme. An excerpt from the interview is posted at the King World News blog here:

“loaned” means SOLD people.  The central banks loaned their gold to the likes of goldman sachs, which sold it on the open market and used the proceeds to invest in US treasuries.  Essentially, US taxpayers are paying interest for the privilege of having the national gold hoard stolen out from under them.  The gold is gone into the vaults of the crooks who arranged the scam.

Massive buying of physical gold by Asian government entities is being swamped by massive selling of paper gold by Western central banks and bullion banks that are waging war against the monetary metal, the London trader source of King World News says today.

“Interestingly, the Asian buyers have figured out the algorithms, like breaking an enemy’s code in war, and they are using the algorithmic trading to get the best prices each day for physical gold at these levels,” the London trader says. “The trading is just taking place at lower levels because these bullion banks and the Fed, which manage the price of gold, get overzealous in their price fixing.”

He adds that the naked short positions in the metals are “unimaginable.”

An excerpt from the interview is posted at the King World News blog here:



Last week the Houston City Council passed an ordinance requiring people who sell precious metals to be fingerprinted and photographed.

According to KTRK-TV, the ordinance is “meant to help track down criminals who try to resell stolen valuables. Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer.” In other words, citizens who sell gold will be considered criminals until they demonstrate otherwise. ….

We are so screwed.  This is the start of WWIII, and that may be the least of our worries.  And anyone who tells you this wasn’t consciously planned and executed is either ignorant, stupid or psychologically incapable of dealing with reality.  There will be blood in the streets, and the culprits have already split town and left their predator drones to subdue us.

It may not fold as conveniently as dollar bills, but the Utah House took a first step Friday to recognize gold and silver as legal tender.

It voted 47-26 to pass HB317 by Rep. Brad Galvez, R-West Haven, and sent it to the Senate. The measure would recognize as legal tender gold and silver coins issued by the federal government — not just their face value, but also their value in gold and silver or to a collector.

Way too little and way too late.  This is a tragedy of historic proportions.  Is it any wonder they want to disarm us?

Why The Banking Elite Want Riots in America

Every indication clearly suggests that authorities in the United States are preparing for widespread civil unrest. This trend has not emerged by accident – it is part of a tried and tested method used by the banking elite to seize control of nations, strip them of their assets, and absorb them into the new world order.

There is a crucial economic imperative as to why the elite is seeking to engineer and exploit social unrest.

As respected investigative reporter Greg Palast exposed in 2001, the global banking elite, namely the World Bank and the IMF, have honed a technique that has allowed them to asset-strip numerous other countries in the past – that technique has come to be known at the “IMF riot.”

In April 2001, Palast obtained leaked World Bank documents that outlined a four step process on how to loot nations of their wealth and infrastructure, placing control of resources into the hands of the banking elite.

One of the final steps of the process, the “IMF riot,” detailed how the elite would plan for mass civil unrest ahead of time that would have the effect of scaring off investors and causing government bankruptcies.

“This economic arson has its bright side – for foreigners, who can then pick off remaining assets at fire sale prices,” writes Palast, adding, “A pattern emerges. There are lots of losers but the clear winners seem to be the western banks and US Treasury.”

In other words, the banking elite creates the very economic environment – soaring interest rates, spiraling food prices, poverty, lower standards of living – that precipitates civil unrest – and then like a vulture swoops down to devour what remains of the country’s assets on the cheap.

We have already seen this process unfold in places like Bolivia, Ecuador, Indonesia, Greece and Argentina. Next on the chopping block are Spain, Italy, Britain and France – all of which have seen widespread riots over the last two years.

As Ha-Joon Chang explains in the Guardian, the roots of Europe’s riots were sparked by “governments inflicting an old-IMF-style programme on their own populations,” namely the same programs of “austerity, privatisation and deregulation,” that caused the riots of the 80′s and 90′s in poorer countries.

Although the likes of the IMF and the World Bank have pillaged half of the globe with their economic terrorism, America remains the ultimate prize. The first step of the four step process for bankster seizure of a country – privatization of state-owned assets – is already well under way in America, with infrastructure being sold off to foreign corporations, with the aid of Goldman Sachs, at a frightening pace. …