Former Navy SEAL Ben Smith warns that the Obama administration is asking top brass in the military if they would be comfortable with disarming U.S. citizens, a litmus test that includes gauging whether they would be prepared to order troops to fire on Americans….
Will they swear allegiance to JPMorgan and Goldman Sachs? Gotta get with one program or the other guys. No more convenient pretense of serving the national interest while you spin in the revolving door. You’re either with the terrorists, or you’re with the people. Which is it? And by the way, have you had your flu vaccine yet?
In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It is worth a closer look why.
Since August 1971, when US President Richard Nixon unilaterally tore up the Bretton Woods Treaty of 1944 and told the world that the Federal Reserve ‘gold window’ was permanently closed, Wall Street banks and US and City of London financial powers have done everything imaginable to prevent gold from again becoming the basis of trust in a currency.
On Friday, October 11, when there was no sign of any deal between US Congress members and the Obama White House that would end the government shutdown, the Chicago CME Group, which operates Comex – the Chicago Commodity Exchange, where contracts in gold derivatives are traded – announced that at 8:42am Eastern time the trading was halted for 10 seconds after a safety mechanism was triggered because a 2-million-ounce (56.7 million grams) gold futures sell order was executed.
Something rotten in gold market
The result of that huge paper gold sale was that at just the time when a possible US government debt default would send investors in a panic rush to the safety of buying gold, instead, the price plunged $30 an ounce to a three-month low of $1,259.60 an ounce. Market insiders believe the reason was direct market manipulation. …