GATA Confirms Central “Banks” Gold Suppression Since At Least Mid-1970’s

“The Gerald Ford Presidential Library in Ann Arbor, Michigan, has confirmed the authenticity of the letter written to the president by Federal Reserve Board Chairman Arthur Burns on June 3, 1975, revealing the participation of the West German central bank, the Bundesbank, and the chancellor of West Germany at that time, Helmut Schmidt, in the international gold price suppression scheme.”

Think about it: if you’re in the business of “loaning” paper currency that you create out of nothing, gold and silver are the enemy.  The central banks have for decades been waging a secret war against the centuries long acceptance of gold and silver as money.  The need for this campaign is the best evidence that their debt-based fiat currency is on shaky ground, and its’ exposure will hasten its demise.

Take a look at the negative gold lease rates on the left side of  The central banks are PAYING investment banks to borrow gold to sell on the open market in order to drive down the price.  The investment bankers then use the proceeds to buy US treasuries and collect interest.  It’s an insiders’ game that’s been going on for years.  What do you think will happen if these loans come due?  The investors won’t be able to buy back the gold to pay off the loan without making the price skyrocket.  The loans will default, the central banks will be exposed as empty suits and gold will re-emerge as real money.  This is why the central banks never intend to call in the gold loans.  This is why they are so secretive about how much gold they actually have in their vaults. It amounts to yet another huge theft of public assets, courtesy of the federal reserve and its cohorts on wall street.

But the point to take away from all this is that ANYTHING with government sanction can be used as money.  Lincoln (re-) discovered this during the civil war with his greenbacks.  So why are we paying $400B/year in interest payments on the so-called federal debt, when we could nationalize the fed, abolish fractional reserve banking and its resultant boom-bust cycles, use the proceeds to pay off the debt and take control of our own money?  For starters, we could have the new publicly owned national central bank issue zero interest loans to re-industrialize the USA.   The american revolution would finally be complete.  We wouldn’t need endless war and colossal waste and destruction to control inflation.  We could achieve a steady-state, sustainable economy where everyone has a job and inflation and recessions would be a thing of the past.  It could happen.  It will happen, sooner or later.

Time for Obama to Act to End Police-State Violence Against the Occupiers

“The growing number of video clips and photos showing police in Darth Vader-like riot gear assaulting peaceful demonstrators with everything from tear gas and mace to truncheons, point-blank shots with beanbags and rubber bullets, and of course the ubiquitous fist and club, have made a bad joke out of claims that America is either the land of the free or the home of the brave.”

Pentagon’s New Slavery System Triggers Riots

“Many of the 70,000 “third country national”(TCN) service workers employed in Afghanistan and Iraq “recount having been robbed of wages, injured without compensation, subjected to sexual assault, and held in conditions resembling indentured servitude by their subcontractor bosses,” reports Sarah Stillman in a June 6th article in The New Yorker  magazine titled “The Invisible Army.” The arrangement, in fact, is very near to what one might describe as slavery.”

Non-profit policing organization orchestrating nationwide anti-occupy crackdown

“The Police Executive Research Forum, an international non-governmental organization with ties to law enforcement and the U.S. Department of Homeland Security, has been coordinating conference calls with major metropolitan mayors and police chiefs to advise them on policing matters and discuss response to the Occupy movement. The group has distributed a recently published guide on policing political events.”

U.S. Shifting Military Forces Closer to China

“In an effort to counterbalance China’s growing military prowess, the U.S. is working to station naval and Marine forces in the Asia-Pacific region.  The most controversial move, as far as the Chinese are concerned, is the decision to base some of the U.S. Navy’s most modern combat ships, littoral combat ships, in Singapore, which possesses strategic importance for shipping.”

Hersh: Old Iraq Lies Recycled into Case for War with Iran

“While the United States, Britain and Canada are planning to announce a coordinated set of sanctions against Iran’s oil and petrochemical industry today, longtime investigative journalist Seymour Hersh questions the growing consensus on Iran’s alleged nuclear weapons program. International pressure has been mounting on Iran since the U.N. International Atomic Energy Agency revealed in a report the “possible military dimensions” to Iran’s nuclear activities, citing “credible” evidence that “indicates that Iran has carried out activities relevant to the development of a nuclear explosive device.” In his latest article for The New Yorker blog, titled “Iran and the IAEA,” Hersh argues the recent report is a “political document,” not a scientific study. “They [JSOC] found nothing. Nothing. No evidence of any weaponization,” Hersh says. “In other words, no evidence of a facility to build the bomb. They have facilities to enrich, but not separate facilities to build the bomb. This is simply a fact.”