GOLD AND THE FUTURE OF THE DOLLAR

This is a very interesting paper from the "Official Monetary and Financial Institutions forum", if you have the time to read it, because it provides a very different perspective on what may be going on:

Gold, the renminbi and the multi-currency reserve system

I want to direct your attention, however, to some of the conclusions it reaches on page 32, which may be summarized as follows:

  1. "Gold will play a greater role in the future than today – but not a dominant one." With this, I tend to agree, but for very different reasons than given in the report, namely, that as the readers of this website know, I believe that there are enough indicators out there to suggest two salient impediments to a gold standard: (a) the amount of gold in existence - depending on the sources used, seems to vary significantly and occasionally over an order  of magnitude. Even if this is not the case, the amounts cited vary significantly; (b) this gold - whatever the amount - has been massively re-hypothecated. What this might mean is that for any return to a gold standard or modified gold standard to occur, some "re-set" of the system might have to occur, which it is unlikely will be allowed.
  2. "Central banks will trade gold more actively." Well, if calls for repatriation and audits are "more active trading", then yea, one would have to agree. But this does not portend the nice world seemingly protrayed in the document.
  3. "Gold will not replace fiat currencies; the Gold Standard will not return." With this I have to agree, but again, not for the usual cited reasons but for the reasons cited in point one above. The report states that "Nostalgia for a supposed golden age of the Gold Standard, coupled with concerns about governments' ability to manipulate fiat currencies, occasionally gives rise to calls for, or predictions of, a return to gold as the underlying basis for the international monetary system. This is not possible. Gold’s relative scarcity means that it could only ever replace a fiat currency on a fractional basis. Even that is unlikely, as a legacy of history."  In other words, "there ain't enough gold to do it folks." Well, true enough, but that's not the only reason. As indicated in one above, the amount of gold is not really known, though the indicators are there is more in existence than the bankers are letting on, and this has been used, as I have argued, to establish a huge system of fraudulent financing for all sorts of mayhem.  All who profit from this system, and I have no doubts the threads run even to the most unlikely places, will not soon abandon it. Additionally, it is too finely woven into the structure of Western power to be abandoned, which a return to a gold standard would do.
  4. "Gold will increasingly become a currency hedge, not just a dollar hedge." Agreed, for the moment, we are seeing the emergence of a two-tiered public system...As I have argued here before, what will really occur is that competition to "the system" will increasingly emerge... gold will constitute some but not all of that competition.
  5. "Rebalancing of gold in central bank reserves is likely." This provocative observation is really another way of saying that a geopolitical realignment will take place, and that will be accompanied by a restructuring of the global financial system, signaled in part by various central banks' holdings of gold. This we have already seen occurring with Germany's Bundesbank.
  6. "Greater attention will be paid to geographical location of central bank gold storage." Note what the paper says here: "Large Chinese banks, which are actively building vault space as a means of underpinning the country’s private sector gold activities, will increasingly offer storage facilities to central banks from developed and emerging market economies to offset the west’s traditional dominance in this field.... Issues of convenience, reliability and cost will generate greater interest in central banks holding gold away from the traditional centres, mainly at the Federal Reserve Bank of New York and the Bank of England." (p. 32, emphasis added).

That says it all folks: behind the polite language of "academese" and "committee-speak," what is really going on is that the Bank of England  and the Federal Reserve are simply no longer trusted... gee, I wonder if all those counterfeit Federal Reserve gold-backed bearer bonds have anything to do with it...?

See you on the flip side...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

53 Comments

  1. henry on January 27, 2013 at 1:25 pm

    @Frankie Calcutta

    “You want to live in a world ruled by the Chinese? There wouldn’t be a tree or a four legged creature left on the planet. Smarten up.

    Lets just hope there are some decent Taoist wizards pulling some strings behind the scenes in Bejing.”

    @Yaj

    “why not instead of worrying about who “rules” world worry about the state of the world and do something to improve it, better leadership will follow.”

    http://english.cri.cn/7146/2013/01/21/3381s744588.htm
    http://www.youtube.com/watch?v=1Oodi6l87Nc

    There is a Wong Chin’s saying “a gentleman thinks about universal virtue while the bad person thinks only about his own home affairs, a gentlemen thinks about order and justice while the bad person thinks only about his own interests.”

    That “Wong Chin” was Confucius.



  2. amunaor on January 25, 2013 at 1:56 pm

    Just another shell game: now you see it, now you don’t!

    It’s obvious reality is poised to knock the fraud out of that pillar of cons – caricatured from the early 1900’s as a den of vipers and thieves.

    Since the weight of debauchery seated at the table has become so gorged with noxious wind: re-hypothecated fresh air, the accomplishment of extricating this bloat wedge will cause any one of the great wonders of the earth to pale to insignificance; excuses justifying to continue its: too bloated to prick condition, should be expected to fulminate with abundant flatulence of the mouth.

    Just wait until they begin selling the need for fractional reserve, value added digits – vapor ware: because there are only few dozen trees left on the planet, this scarcity of pulp diminishes our capacity to print fiat….so.

    Unfortunately, we’re already well on the way in that department.

    What’s more disturbing than anything else pointed out in this story are the activities of the Chinese – the made the USA, future home for the predatory capitalists, with outlying offices in Dubai. From this new perch the predators will look back on Wall Street in disdain and without pity as the new Phoenix is edged to emerge from the pyre of its self-immolation.

    Watch out for another big time false flag to be run up the Nazi-CIA-NATO pole.



  3. Robert Barricklow on January 24, 2013 at 9:03 am


  4. DownunderET on January 22, 2013 at 9:55 pm

    G’Day Everyone:
    Sorry but this is sort of “off topic”.

    I’m half way through “Covert Wars” and the rabbit hole is the size of the grand canyon, AND some VERY LARGE RABBIT’S..

    All I can say is get a copy quick.



  5. Frankie Calcutta on January 22, 2013 at 9:11 am

    I would still have to wager that the banksters will cook up some scheme with the Chinese to link the renminbi to a fractional amount of gold. They have sucked nearly all of the blood out of the west and now need a new host to give them protection and a new pirate base. In return the banksters will hand the Chinese the United States’ head on a platter possibly by turning over all of our missile defense launch codes and whatever other military secrets which will destroy our defensive and offensive capabilities. Maybe part of the deal was to prepare the US populous for conquest by turning us into brain dead, drugged out zombies who would be incapable of defending ourselves. The finishing touch will be stripping us of our guns so we will be totally helpless when the Chinese invade, whether it be commercially or militarily and turn us into a colony once again.

    Shanghai will be the new bankster base and the bankster kin will be snatched from the vengeful mobs in the west and brought to those empty Chinese cities in another diaspora. I can’t imagine the Chinese would be so dumb but they did the banksters’ bidding before when the ransacked Tibet and pillaged and destroyed all those ancient libraries inside and below the many monasteries.

    Somewhere in the deal the banksters will figure out a way manipulate the Chinese and their gold linked currency through good old fashioned bullion brokering. Vice will flourish and the Chinese will turn into decadent slobs and their leadership terminally corrupt.

    It will be funny to see the Goldsteins and Silverbergs change their names to Wong and Chin and passing themselves off as native Chinese as they swarm the Chinese nightly television programming.



    • Yaj on January 22, 2013 at 5:02 pm

      Says the person who worked in finance an didn’t do much about the problems, while now just blaming jews and thinking guns would solve the problem.

      Typical.

      Try alchemy, it works.



      • Frankie Calcutta on January 23, 2013 at 3:03 pm

        Yaj,

        “Says the person who worked in finance an didn’t do much about the problems,”

        While working in finance, I told my jewish colleagues they were the source of the world’s problems on a regular basis and some of them even agreed. What more could I do?

        The world is in an awful mess and needs a scapegoat my friend. I’m sorry it has to be you guys. I truly am but the governments have all run out of money and from where I am sitting, you guys are the ones sitting on the lion’s share of all the loot that would solve this problem… temporarily. They just have to let you guys finishing building your police state so they can snatch it out from under you, when the time is right, and then put it to their good (or bad) use.

        “thinking guns would solve the problem.” you stumped me there. I never put much thought to this. I’d imagine an armed American would have about as much luck as a Serbian fighting against NATO. Advantage goes to the high tech armies with drones, satellites, microwave weapons, helicopters, and good old fashioned napalm and the means to drop it. Add to that a Satanic military command who takes pleasure in ordering their commissars to rape and kill kids and knows from experience this will break any insurgents will to fight after a while (think Iraq). But, none the less, it must be a variable in the plans for the conquest of America that is a wild card.

        “Try alchemy, it works.”

        To tell you t he truth, I am actually working on a time machine so I can travel back in time and find Moses and beat the crud out of him and then see to it he never gets out of Egypt alive.



        • jedi on January 23, 2013 at 3:29 pm

          ….the time machine comment was priceless.

          kicking the money chambers violently out of the temple is still our best bet.

          The temple being your body?

          The chinese tree and not a 4 legged creature left on the planet comment made me lol . I take it you question the 300 whales in need of being researched by the Japanese research fleet. Too bad about the rainbow warrior decision from our bought and paid for big nose world in disorder govt.

          Bravo.



          • Yaj on January 23, 2013 at 4:52 pm

            F in Cal,

            You from above: “The finishing touch will be stripping us of our guns so we will be totally helpless when the Chinese”.

            All I needed was my memory and the ability to search the word “gun” on the webpage. No time machine involved.

            There you go, you think beating the crap out of high Egyptian priest (Moses) would solve a lot of the world’s problems. And here I thought the objection that you antisemites have to jews is not the ones from the Levant, but the extra tribes that likely converted in northern Turkey in about 1200CE.



          • Yaj on January 23, 2013 at 4:54 pm

            jedi:

            Nice how you forget GWBush’s, GHWBush’s and Reagan’s massive deficit spending.

            And what about illegal wars by those three, much worse than anything Obama has done yet.



          • jedi on January 23, 2013 at 5:35 pm

            Comrade Kibbutz, whats up with the guilt by association? Comrade Bush has done his share of wailing at the wall, as has Barry the Alien Personally I think the tribe has been set up and beehaved as was easily predictable. Everyone has blood on there hands, greed and materialism being a common pursuit of the field workers and the land lords. I am just a curious person trying too figure stuff out, I try not too pick sides, it tends too blind ones eye. Before long you start too act like a pirate.



          • jedi on January 23, 2013 at 6:14 pm

            `btw Comrade, anti is greek for room, chamber…as in the kings chamber
            semen…. think of the devil that beguiled eve and opened her eye (or take the all seeing eye on the back of the us dollar turn it 90 degrees and imagine a vagina)

            tic….a blood sucker

            not sure what it all means but i was looking at images of Egyption coffins and a beautiful women was painted on the outside, and the male corpse in side had super Hairy legs, like bear hair…like a beast. Maybe the Jacob Esau tale



    • terminally skeptical on January 23, 2013 at 6:50 am

      A few years ago there was an ongoing discussion about eminent domain as a means of seizing U.S. property that was then alleged to be slated for the hands of the Chinese as compensation for the purchase of our bonds. Since then that story has gone quiet but is a quiet reminder that the takeover will be a bloodless event.



      • jedi on January 23, 2013 at 7:36 am

        I agree with your thoughts T.S all roads have lead too China and the forbidden city, things went south after the 2nd opium war, and I do not believe the emperor perished on his trip to the summer palace..,in fact after his troops were easily defeated, they came up with a new plan too destroy us….materialism.



        • Yaj on January 23, 2013 at 8:00 am

          Ah yes those sneaky Asians and their Goldfinger plans, they’re out to take over. (Irony alert.)

          I guess the Chinese would need the USA’s land for the potable water and arable land for rice and wheat. (More irony.)

          So these conspiracies, which read pretty much the same as those spouted about Arabs in the 1970s and the Japanese in the 1980s, aren’t really likely to be true.

          Thought yes China is a real economic power, but that’s not news.

          What all of these Glenn Beck conspiracies can’t get their heads around is the idea of open systems, that can be the whole planet being open to cosmic events, that can be energy generation, that can be industries inventing and producing new things in the USA (still done today in the USA, in particular 15 years ago) or that can even be alchemy.

          In other words, a simplistic reversion to hatred of the “other” (Muslims and Jews seem to be a favorite here) or conspiracies about the “other’s” plans blinds one to what is possible usually right in front of one.

          Sure conspiracies exist: Who killed JFK or RFK, the’s been no real accounting on Wall Street for 30 years, drug companies hide real problems with their drugs (many times with the help of government agencies), Cold Fusion was suppressed, as was the alchemy that goes with it, Stan Meyers was actively ignored at least, but these examples don’t mean that every conspiratorial “prediction” about the Chinese is likely to be true.



          • jedi on January 23, 2013 at 10:11 am

            Those indians in North America were speaking Chinese, living in Viking long houses, and worshipping a obelisks when Columbia discovered them…made out of wood, but an obelisk none the less. Funny how there dna can be traced back too an area in China.

            Then you got the protocals, move all industry to the east, whilst the westerners play games, collect trophies, and dress up as woman.

            Try reading Luke 20 to 24, to see what the beef was about.

            Its all just a coincidence, the movie stars are the key, the dragon lady has the code. Twin towers designed by a…orionental, Li banking wizard, wipes out Billions from west in ponzi scheme…coincidence, coincidence, coincidence…..criminal investigators dont believe in coincidences,



          • Yaj on January 23, 2013 at 1:32 pm

            jedi

            Got no problem with the idea of Chinese visiting north America say 500 years ago or 2000 years ago, but the north American natives weren’t speaking Chinese when Columbus got to the Caribbean any more than they were speaking Welsh, French, Basque, Berber, or Icelandic. As with the Chinese visiting I have no problem with those other peoples visiting and partly settling either.

            Then of course there are those who claim that the Micmacs (Maine and Atlantic Canada) spoke Copt and wrote in Egyptian hieroglyphs and in that case since Micmac was written and the hieroglyphs were recorded and reported back to France before the translation of the Rosetta Stone, there’s evidence of this claim that can be checked. So is Egypt going to make Boston a colony? (Or of course Caliphate in Glenn Beckian terms.)

            All or which is to say that this focus on purported secret Chinese claims is misleading at the least and right wing nativist paranoia at the worst, sort of like: “Obama’s a Marxist Muslim,” not.



          • jedi on January 23, 2013 at 2:18 pm

            please Yaj….all the copper went too china from the Lake Superior mines…you know too the forbidden city.

            and for my brother Jesus Christs sake, what the hell does Mr wild beast a therion have to do with this? The dude is a dictator ruling outside of any law, intent on destroying the US govt…seems like a nice guy, spends money like one of Johnny Carsons ex wife and flys a Chinese flag from the white house…but hey you him/her up.



          • Frankie Calcutta on January 23, 2013 at 3:06 pm

            You want to live in a world ruled by the Chinese? There wouldn’t be a tree or a four legged creature left on the planet. Smarten up.

            Lets just hope there are some decent Taoist wizards pulling some strings behind the scenes in Bejing.



          • Yaj on January 23, 2013 at 4:57 pm

            typical nativist dung.

            why not instead of worrying about who “rules” world worry about the state of the world and do something to improve it, better leadership will follow.



          • Yaj on January 23, 2013 at 5:34 pm

            jedi:

            You can read Barry Fell for information about Europeans trading for that copper in Michigan and Ontario, after all copper is used in bronze, don’t know if the Chinese were there too.



          • jedi on January 23, 2013 at 5:49 pm

            the continent being full of Chinese might be a clue. Them speaking chinese a mere coincidence, China s pyramids…well we know that cave men instinctively desire to build massive stone pyramids…so thats an out there theory. And the massive copper castings in the forbidden city well that has proven to come from telephone lines from Zimbabwe. I f your into reading non fiction, try China circumnavigated the world in 1420 or was it 1432….cant remember the author, but its worth a whirl. They even stopped off in vencie and kicked started the Renascence….and get this, he called his fleet of 300 ships…Starfleet…right out of star trek.



        • Yaj on January 23, 2013 at 6:07 pm

          jedi,

          The continent was not full of Chinese speakers when Columbus or the Dutch or the English got here.

          Who cares if the Chinese circumnavigated the earth 40 years before Columbus got across the Atlantic, That’s not enough time, and frankly a distraction from the language claim.

          Clearly you haven’t read much of what I posted, in particular the part where I said of course the ancient Chinese may have visited north America. Big deal many others did too. You can also read about north Africans in the south Pacific.

          This blind concentration on the Chinese is not helping your thinking or your understanding of today or history. Almost as bad as F. In Cal’s blind devotion to the idea that it’s all the jews’ fault.

          Then,

          Quoting you: “And the massive copper castings in the forbidden city well that has proven to come from telephone lines from Zimbabwe.” Zimbabwe is not in Michigan or Ontario. Perhaps you skipped something.



          • jedi on January 23, 2013 at 6:25 pm

            Comrade Yaj, I have done my research, trying to insult me makes you look bad. I want you too look good comrade, please research ancient history and try too learn from actual ancient transcripts and perhaps rather than reading the officially agreed upon fairy tale, try looking at accounts, logs, diaries, books that somehow avoided the book burning (and sometimes even people too scrare the shit out of anyone that dared speak outside of agreed upon story) club crowd.

            Good luck comrade, and shed a tear for me at the wall.



          • Frankie Calcutta on January 25, 2013 at 5:20 pm

            Yaj the indefatigable,

            A good Korean friend of mine once told me that the “Chinese are the jews of Asia.”



          • Yaj on January 25, 2013 at 6:18 pm

            FC–

            Y’all make it so easy.

            What’s “Chinese”? I assume you mean Han Chinese, that’s a limited subset of Chinese, and anyhow China was an advanced civilization when the tribes of the Levant were proclaiming their monotheism.

            jedi–

            Zimbabwe is still not in what is now called Michigan.

            And you missed all of the other peoples who very likely visited north America, (I even gave you a list which included some promising points about the Micmacs of Maine and the Maritime Provences of Canada, and yes the Chinese were on the list too. So you missed that too.)

            In short, you’re lazy and ironically it’s you who don’t bother to read things you disagree with this is fairly standard behavior for those spouting received talking points.

            And inventing my position on things is your projection of you wishes for simplification. I suggest you read Tom Bearden on what dialectical materialism very likely helped some hardcore communist realize in the former Soviet Union. (Of course asking the simple question: “What is?” provides similar answers for those both smart and open minded.)



          • jedi on January 26, 2013 at 6:06 am

            Comrade Yaj, as Robert pointed out “read to forget”

            Your downfall is your ego, it has blinded you. … keep on reading Yaj, you dont have any thinking abilities, better too leave that to your programmers.

            I do get a chuckle out of your sophist rebukes. When all else fails, insult….ah some things are eternal with you babblers.



  6. Robert Barricklow on January 21, 2013 at 2:57 pm

    Unfortunately, this system of systyemic corruption is, indeed, too embedded into the infrastructure – worldwide to be unwound; without the explicit cooperation of the criminal syndicates involved. The whole “gold” purpose, is a “faith-based” concept of value, BASED upon faith in these “fiat” currencies. Whether they be fractionally “tied” to gold, or not/It is simply a matter of faith. The plutocrims, may as well be singing, “Just give me some of that old time ‘religion”. What they are after is: control, based upon faith.
    Today’s religion of the Profit God, with the apsotles of Supply & Demand. Most know these by their acquired boob-tube rote. These are taught about the same time as The Pledges of allegiance to whatever country the band tunes-up to.
    The new high-class, are the transnationalist, who have no country. The are of the super-class. If they decide the ruble implodes, it’s a fait accompli. If they decide that, thirty years later the dollar goes; it’s, ipso facto.
    Knowing that the 3/4 turn in this “race”, is the privately-owned electronic one-world curreny, backed up by a corralled “chipped” sheeple(all makes & models); is, of course, paramount to understanding how the “game” is being played. Even today I heard an esteemed puppet say that, “We were ‘made’ for today.”
    How quaint: the people have become like Rubin’s & Clinton’s “Nation-States”: quaint.
    The Golden Rule really is: he who believes in us/ is “ours”; mind & soul.
    (A little more nuanced than the old,
    He Who Has The Gold Rules.)



    • jedi on January 21, 2013 at 4:00 pm

      check wiki for qr code, scroll down to risks…(thats the contagion i referred to earlier in the zombie sheeple) there is also a reference too it in batman 2, when the black actor has access to all sorts of illegal surveillance…in the contagion movie i referenced, it was caused by batshit on pig corpse. The batman quite possibly is something with Barcardi Rum….and its logo.

      anyways and then there is this…..note year 2023….makes 46 chromosones
      skull n bones 332 or genesis 223 and 332 (backwards) This stuff is all ancient pre Egyption….they said we started from 7 females and 10 males (showing genetic defects)….You can check Matthew 7 10 and 10 7 and the sensmut tomb cieling ….is it all bs lies…? Thats a real big question….enjoy this clip….it is in tune with what you stated..

      http://www.youtube.com/watch?v=48rAFLqJo2M



      • Robert Barricklow on January 21, 2013 at 4:32 pm

        Yes I liked PROMETHEUS very much. It referenced many “occultist” tags.
        The Batman movie, like others, references many “fortuitous “events”. I sometimes wonder, wheter, once it’s “made”, the “others” base their operations on the finished produt. Perhaps, it’s a little of both/ before & after.
        The “ancient” pretext is qustionable, in that it’s purpose, may have; either been redirected, misinterpreted, or? I find it suspect. Not in its authencity(so to speak), but in the “picture” imprinted upon our minds. There is misdirection all around us.
        I appreciate your input in “direction”, as ‘our’ course has the same destination, in a port of call, that is “justice” for all.
        It is a “work” in progress. It is a work, that is both, individal and group orientated.

        Thanks again jedi,
        your posts are always welcome.



        • jedi on January 21, 2013 at 4:49 pm

          I am just as confused as the next guy, i think the only difference is we are aware of it.

          However looking at the technology that we know of, and i am sure that we are very very behind the curve that the super elite have at there disposal…its possible …scientifically anyways…..(planet hopping).

          There was another scene in prometheus, after the glasses scene, which was esoterically the 4 building blocks….it show a black actor dressing up a christmas tree, wearing a santa hat…behind him is the number 24, the next scene is a red headed guy and a black headed guy with the number 23 behind them.
          48 chromosomes in a chimp, the 2 and 3 chromosome fused makes a human…. this stuff is also referenced in planet of the apes, with Caesars mom (LucY) being injected with geonosis drug and a very smart chimp is birthed…that rejects his creator and forms a rebellion…..



          • jedi on January 21, 2013 at 5:06 pm

            Dr Shaw question was why did they create us, only to destroy us…..I think David answered that question, when your creator dies your free….we destroyed them.

            They destroyed the aliens space craft, with him in it…..were a pretty destructive lot.

            I have an old dictionary, actually a few of them. So I can understand what the authors were talking about…words are constantly changing to obfusucate the material that escaped the book burning club meetings….anyways the word alien means….transfer ownership (law) and the study and treatment of mental diseases…..

            I think that definition surmises your suspicions.



          • Robert Barricklow on January 21, 2013 at 5:16 pm

            Definately in tune with your “frequency” and think your “on” to something important, in the unwinding of this “storied yarn”, that we’ve been, and are continuously being, fed.

            Again thanks, as this gives another approach/angle to ponder.



          • DBSchuster on January 21, 2013 at 5:40 pm

            If we’re talking about the Prometheus movie, what do you think was old man Weyland’s question?



          • jedi on January 21, 2013 at 5:41 pm

            for a bit of a scratch your head and depending on your synaptic adjustment levels of alcohol in your system a lmao moment…look up gullivers travel and head on down to cultural influences….paying Akhn aten shun to computer arch i lecture.



          • jedi on January 21, 2013 at 6:28 pm

            DB….what was the question? Although when the hologram speaks, there is the dog beside him. The “Mans” best friend in a biblical reference. A human being led around with his belly acts like a dog with the correct training. that is something that David, a closet thing to his son will never have, a soul. Spirit and soul be distinctive and separate.
            Beasts of the field in biblical terms.

            There is a interesting deleted scene where the space jockey asks David what does the man want, David responds he wants to live for ever, he promptly kills him, and seperates the head from the body of David who tells Weyland to “have a nice trip”. A reference to John the Baptist 911 beheading no doubt.



          • jedi on January 23, 2013 at 7:55 am

            Robert, check out Tibet film on the red hat, black hat and yellow hat….(referring to hair color)

            on you tube, search “rare footage of tibet” …its a 5 part series filmed during the 30s, in color.

            also search out and research ancient ayran graves found in Tibet and they were wearing Kilts with tartans. The Ewoks spoke Tibetan in Star Wars films. Energy from woks. Those tartans recorded your families dna pattern. Tibet was/ is the third eye chakra.



  7. DBSchuster on January 21, 2013 at 1:24 pm

    As we see China and the US compete over spheres of influence, each country will want its currency to be used. I tend to agree with the report, that the use of gold may increase but it will be limited.

    As long as there’s paper, gold will be hoarded. If you think about it, gold has never ceased to be money, but we would rather get rid of the paper with dubious value and hang onto the gold, aka Gresham’s law.



  8. terminally skeptical on January 21, 2013 at 8:33 am

    It’s only natural that emerging economies would want to maintain sovereign control over their own gold irrespective of the fraud by the traditional banking powers. This trend is as much an evolutionary as a backlash response.

    Regarding item 2, “central banks will trade gold more actively”, such a undertaking is impractical and belies the overall euphemistic proclivity and tone in this essay.

    Of course gold won’t replace currencies because the U.S. dollar might otherwise have to be adjusted to, who knows, $50,000 an ounce even if there is a ten fold greater abundance or gold than “reported”. (10-fold gold is nothing in the face of 100-fold hypothecation). If the entire hypothecating fraud were revealed the banksters would have no place to hide. Better for them that the depth of this malfeasance should never see the light of day.



    • terminally skeptical on January 21, 2013 at 8:37 am

      Sorry, typo! Fourth line from the bottom should have read “of” gold, not or gold.



    • DaphneO on January 22, 2013 at 12:19 am

      TS, someone on King World News is already suggesting $25,000 an ounce for gold. And silver to go through the roof.

      I find it fascinating that right now so many countries are stocking up or buying in and yet we don’t even know if the US has any that’s actually theirs.

      The UK has very little also. And I’m sure Australia doesn’t have much.

      To me, it seems like the power is moving from the west to the east, obviously helped by the banksters.

      I’m gradually working through Dr Farrell’s talks with GeorgeAnn on The Byte Show. The series on the banksters is next on my list. Extremely interesting.

      I also found the idea of God being like a bankster, in that our debt is never paid off, thus the eternal sacrifice, intriguing, and it rang true to me. I never could “get” the need for a sacrifice on the cross.

      Wonderful, wonderful stuff Dr Farrell.



      • Margaret on January 22, 2013 at 9:50 am

        Likewise DaphneO … A church across the road from me put up on its roof a gigantic cross, outlined at night in bloody red neon, visible for miles … that symbol, seems like Christians will never let Jesus get down from the cross, a perpetual reminder of eternal sin, guilt, fear, sacrifice, appeasement. So, what is the lesson still unlearned? How different the world would be if, instead of the cross and crown of thorns, the lilies of the resurrection and forgiveness were the symbol … quite a different world … we’ve been on the wrong path for a long time …



        • jedi on January 22, 2013 at 2:24 pm

          ….speak for your self about what path you are on….you do bleed once a month,



          • Margaret on January 22, 2013 at 5:07 pm

            … a double entendre, but if too sanguine a choice of words please substitute ‘bright’ for ‘bloody’



          • terminally skeptical on January 22, 2013 at 6:28 pm

            Jediiiiiii,you wise guy, where did that come from? Margaret ain’t no Bible thumper and I’ll bet Fort Knox that she meant the collective cultural, not the personal, “we”.

            Margaret the rock opera “Jesus Christ Superstar” over 4 decades ago said it well enough for me with passages like, “I remember when this who thing began, no talk of God, then we called you a man, and “And all the good you’ve done will soon get swept away,
            you’ve begun to matter more than the things you say”.

            Daphne, yes in the Bizarro (Superman comics) universe the bankster is the son of god. Thanks for reminding me of GeorgeAnn”s show. (As below, so above)

            Our treasury can’t even begin to keep up with the demand for silver eagle coins. Maybe we should start minting 1 trillion dollar platinum coins.



          • Margaret on January 22, 2013 at 8:14 pm

            TS, Somehow I never got around to seeing Jesus Christ Superstar, but thoroughly enjoyed Godspell, the movie, which came out around the same time. I was also reading Nikos Kazantzakis and was very drawn to his characterization of Jesus in The Last Temptation of Christ. I had been looking forward to seeing Scorsese’s film adaptation, but because of widespread condemnation and censorship it never played in US theaters. Maybe I’ll look for it now . . . I get along fine w/ JC; it’s ‘churchianity’, as Joseph calls it, that I can do without. [yes, I did mean the collective cultural, not the personal, “we”, and thanks for clarifying]



          • jedi on January 23, 2013 at 6:33 am

            over reaction…..appologies



          • Margaret on January 23, 2013 at 10:15 am

            Accepted, no harm done.



  9. jedi on January 21, 2013 at 7:15 am

    is it a bubble or isnt it a bubble, that is the question.



    • Tor on January 21, 2013 at 10:49 am

      I’ve got some questions about those buildings on Mars too.



      • jedi on January 21, 2013 at 4:37 pm

        it is an oddity, a space oddity, that Jonathon Swift described the 2 moons of mars 150 years before they were discovered….in gulliver’s travels.



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