3 votes

Central Banks: Root Canal Evil

.. rigging of the precious metal markets...
http://www.larsschall.com/2011/03/22/central-banking-is-a-bl...

  • Who the major players are?
  • motive to do such things?

Over thousands of years – irredeemable fiat currencies from A [assignats] to Z [zloty] have come and gone.>b? The one thing that ALL unbacked fiat currencies ever produced have in common is that they have ALL FAILED by ultimately achieving their true intrinsic value – ZERO...

... Irredeemable fiat money? That would be the Central Banking community – quarterbacked by the Central Bank of Central Banks – the Bank for International Settlements [BIS] located in Basel, Switzerland...

We have proof that the Central Banking community views gold with disdain in that formerFed Chairman Paul Volcker is “on record“ stating that, “gold is the enemy”. You can google “Volcker gold is enemy” and read about this for yourself...

... proxy institutions who do their bidding in institutional capital markets – in the case of gold – Bullion Banks like J.P. Morgan, Goldman Sachs, Bank of Nova Scotia and Deutsche Bank. ... willingly execute Central Bank policy due to the lucre afforded them by the Guttenberg press.

I wrote a paper a number of years ago [May, 2006] titled, The Root Of All Evil.

In short, Central Banking is not only the root of all evil – it’s a blight on humanity that needs to be removed...

... The Powers That Be [PTB] ... rising demand for physical precious metal because it is a matter of fact that they sell at least 100 oz in paper form for every physical oz they have in the vault....

The U.S. claims to have 8,100 metric tonnes of sovereign gold bullion held principally at Ft. Knox, Kentucky, West Point, N.Y. and the Denver Mint.... since the collapse of the London Gold Pool in the 1960s. However, no credible third party audit has been conducted on these reserves since the Eisenhower administration [1950s].<?b> In contradiction to these claims, the Fed has recently gone “on record” to having participated in gold swaps. Gold swaps entail the mobilization sovereign gold... U.S. sovereign gold were false.

... Hong Kong ... sell 60 metric tonnes of tungsten core gold bricks ... Chinese authorities intervened ... source of these tungsten bricks was America – circa the 1994 time frame. ... Ft. Knox.... 15,000 metric tonnes of these salted bricks ....

... GATA... demands for a proper audit of the U.S. gold reserve –... I hope for humanity’s sake ... they are successful – this charade must come to an end.

Are official gold reserve figures in general trustworthy?

Official gold reserves are COMPLETE fabrications much like official U.S. government reports on inflation, unemployment and GDP. The world has been aware of crooked book keeping as it relates to vaulted sovereign gold stocks since 1998 when Frank Veneroso published his gold book.... When sovereign gold is leased / loaned / swapped – it typically leaves the vault in exchange for an IOU. Central Bank accounting practices [fraud] do not differentiate between IOUs and physical bullion present in the vault. It’s all counted on the same line for accounting purposes. Perhaps, by now, you’re beginning to understand why?

Bundesbank was surprising... German ... ALL sovereign German gold had been repatriated from America back in the 1990s. Max Keiser ...

Gold vs Fiat Currencies?

... – the real battle being waged, which the Central Banking / elitist community desperately wants to keep off the front pages and below the radar of the Mainstream Financial Press is that of Fiat Currencies vs. Gold. There is simply too much money printing ... irredeemable fiat currencies to survive. This is why the precious metals’ prices have been suppressed so vehemently....

What are your thoughts related to a One World Currency, which seems to be on the agenda of institutions like the IMF?

... Whether you label this SDR or AMERO or Digital Ducats is immaterial.

By and large, ... unelected, report to no one – and they have arbitrarily turned our global capital markets into a hallucinogenic perversion versus what economic laws would otherwise dictate...

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Thank you, Mr. Twain

Now, more ... this global Ponzi needs more exposure.

"In America, the criminally insane rule and the rest of us, or the vast majority of the rest of us, either do not care, do not know, or are distracted and properly brainwashed into acquiescence." - Kurt Nimmo

Ponzinomics

bestonomics!

The Battle is Now - The People vs. The Banks

"The battle that has been passed down through the ages and remains to be fought is The People vs. The Banks" - Lord Acton, Head of The Bank of England!

Lord Acton also said "Power corrupts and absolute power corrupts absolutely".
Perhaps he was a human and not a Vampire Aristocrat?
Or was he warning the Nobility of what their fate would be one day if they continued their oppressive banking cabal?
Perhaps both.

Well done Mr. Clemens.

The Oracle

It's our corruption and collective cowardice...

that has prevented us from ridding the world of this evil long ago.

Art. 1, Sec 8

.... needs to go.

"In America, the criminally insane rule and the rest of us, or the vast majority of the rest of us, either do not care, do not know, or are distracted and properly brainwashed into acquiescence." - Kurt Nimmo