November 1st, 2014
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NOW IT’S BRAZIL: ADDING MORE GOLD TO ITS RESERVES

While those who had bought huge blocks of stock in the Mayan Apocalypse were disappointed on Saturday Dec 22, 2012, and while much of the alternative research community was busily milking the proposed date for the “secular rapture” for all it was worth in cruises, conferences, and other creative ways to waste your precious and hard-won central bank facsimile of money, Brazil throughout November and December was quietly and dramatically increasing its reserves of gold:

Brazil Doubles Gold Reserves as Central Banks Buy Bullion

Now this, folks, I suspect presages some interesting potential developments for this coming year, and I suspect one of them will be that Brazil will also, quietly, call for an audit of its reserves held …oh golly, gee, where? ….uhm….let’s say in the Bank of England and…uhm…maybe (for some unknown obscure reason), the Federal Reserve Bank of New York? It’s another sign of the growing lack of confidence, but also, I suspect, another sign that various nations and central and prime banks, long a party to or suspicious of a hidden system of finance, are bailing from the system as quietly as possible, so as not to expose it.

But if Brazil calls for audits and possible repatriation of stocks held in foreign central banks, then rest assured, this will trigger the final call in the rest of Latin America. After all, Brazil is now subtly signalling what Ecuador did last year, and what hugo Chavez’s Venezuela did a few years before that… but Brazil is not Venezuela nor Ecuador… it is South America’s largest country and economy.

So if Brazil makes the call for an audit, repatriation, and while it is buying gold, as I expect it eventually will do, then look for Argentina and Chile to be not far behind in gold purchases, audit and repatriation talk…

See you on the flip side.

27 Responses to NOW IT’S BRAZIL: ADDING MORE GOLD TO ITS RESERVES

  1. I do recall watching a History channel show on alchemy. If I remember correctly towards the end of the show the did confirm that lead can indeed be turned into gold but the amount of energy to do so large that it isn’t profitble. What if you were a break away society that had access to unlimted energy? Would you create a situation where everyone is climbing over each other to buy gold?

  2. I’ll be the first to admit that I don’t have a firm hand on how this gold game is being played so if any of you can troubleshoot these thoughts then please chime in.

    First there is all this talk about gold purchases but from whom? If everyone is buying then who is selling? They’re not getting it out of the ground that fast, are they? Because these stories focus on the purchaser and not who is the seller it makes this activity highly suspicious. One has to wonder why the purchases are declared but the sales are not. Who is tracking both sides of these transactions?

    This smells like a smoke and mirrors shell game where the modus operandi is now you see it (the gold), now you don’t and is reminiscent of the recent Canadian story of gold reconstitution and churning. A central bank merely adds the numbers off the gold bars to an asset ledger and then remelts the goods only to have them re-stamped with different numbers and reissued to either themselves (which is entirely plausible when there is no trafficking accountability) or sold to other reserves/central banks ad infinitum. By then it wont even matter if they’re dealing in gold dipped tungsten as long as everyone is playing the same game. Before long what starts out as fractal accumulation could rapidly become a game of hypothecation with just promissory notes exchanging hands (no gold necessary) and with a gazillion tonnes of gold “on record” the price of “gold” will be worth next to nothing.

    • First “sell” the idea that gold is money.
      Afterall, it is labor intensive(slave labor), getting out of the ground; then processing it to coins/bars. Money as a measurement in exchange of goods in services, could be accomplished by a number of mechanisms.
      Eithe of which, can be “open” or “closed” systems.
      Open being for and of the people; closed being of & for the few.
      Gold/Debt-based fiat currency is “closed”
      The sell job is to get you to “buy” the closed system, which “they” have monoploized. Through this debt-based privately owned sequencial money system, they have monopolized other systems, including the information accessed to “understand/know”. This is why the internet is so valued by the “many”, because it can be accessed an “open” system. This is what “they are trying to “corral”, just as they’ve done with previous “media”, in their current flock of sheeple.

      • True, gold as well as were cotton, tobacco, & sugar cane labor intensive, however, whether it is extracted by “slave” labor or not, all depends upon who owns the labor & access to the means of extracting wealth.

        If a man be slave, then both the labor & gold extracted by his labor, as well as the man himself belong to the Land”Lord” or slave owner. If a man be free however, both his labor & gold procured therefrom belong to him. Is it not true, a man who labors for himself labors best?

        This is the axiomatic difference between a free man & a slave. Whereas no slave owns his labor or the wealth produced therefrom, all free men own both their labor & the wealth or capital it produces. Labor is neither a demand nor call upon the wealth or capital of another. All labor creates its own wage, or in this case, its own gold.

        The issue at hand, is ownership & equal access to the means of producing wealth. Whereas slaves often have access to the means of producing wealth, they lack ownership. However, an ownership of labor need not be predicated upon an ownership of the means of producing wealth, only that labor be treated as an apportioned asset of production in & of its own right.

        Whereas slaves are “rewarded” for compliance & obedience, masters are fairly “compensated” for value. So, it is this inversion between labor & wages – that wages are a call or demand upon capital, rather than labor being a call upon wages, which lays the foundation of economic slavery & destitution.

        To be sure, today all Corporate Interfaces define labor as a “cost of doing business,” or a liability to capital, rather than as an asset of production due to the man in fair compensation for labor. Indeed, the dignity of labor depends upon this essential point – that all men own their labor & the fruits therefrom. A potter for instance creates & owns his pot, which he may as he wishes exchange for the desires & necessities of life. Thus man is master of himself & a master of none. This is what is meant by “master” & “servant,” & why Americans are today in servitude.

        • Great points Elm.

          In fact, they’ve “evolved” the slave staus, to one that is being fed starvation wages.
          In these readings & writings can’t help but think/write of Lincoln’s inspiring goal where:

          Money will cease to be master
          and become the servant of humanity.

      • ELM’s and Robert B.’s observations are useful for answering the question of what is slave vs. Free Man money and how gold is being sold to the public but my question is less absract and relates more to the tracking of gold. To repeat, where can one reference who sold the gold to whom? If standard accounting practices are not available or arbitrary then all we have is rumor and gossip. I forgot the name of the organization of those guys in Conneticut (or is it New York?) who have made it their business to monitor the global gold exchange. Anyone know who I’m talking about?

        My suspicion is that the the same gold has been reprocessed/hypothecated many times over and that that having paper accounting ledgers in lieu of physical gold has become standard practice. On the other hand, as Joseph queries,what if there is more physical gold than we have been told? Then the market manipulators objective is to round up and sequester as much of it as possible while they’re busy devaluing gold by relegating it to ETF/paper money status.

        • Imagine yourself as a ping-pong ball being sent from the fiat-side of the money platformed tablew to the gold-side. There are bets being placed on both sides of the table. The “house” owns the table AND the players. They have the gold. They have more gold than GOD. The real/game is to get your mind focued on “their” game. Stop being “played” on their table, by their players, by their rules. Those in the “think they know” category, need to take the “peoples'” eyes of the establishment’s ball, and start a new “ball game paradigm” based upon life. Their game is of wars, destruction, extractions; slave wages or at best, starvation wages – has got to go. The people need to get a new GDP based on Earth’s natural systems, NOT the petroleum wastes, nuclear wastes, bullets & missles, ect., ect. The people of Earth need to take their planet back, and replenish it’s vitality; which is the peoples’ vitality. We are earthlings. We need to take care of ourselves and other living animals & plants. That’s what an economy should be geared around, ALL the living, NOT a miniscule percentage of one species destroying all life on planet Earth; including, ironically, their very own.

          Sorry, got carried away.

          Need to get a new game in town
          & a new sheriff.

          Time to wipe the board clean and redistribute priorities – clean across the board.

          No more singing praises to the bouncing ball.

          • Naw RB, ya didn’t get carried away at all. Ya make all kind of sense. I’ve read books advocating the same by nutcases who think like you and I. But does that also mean I need to stop being a market trader and instead become an investor?

          • I try to practice what I preach.
            Yet it is extremely hard to do in practice.
            So, I walk the line.
            Or, in some cases, a tightrope.

          • Robert, don’t apologize for your passion about this … you’re so right. This might be encouraging … The state of Bhutan IS changing the paradigm. While small, it has taken a huge step by rejecting GDP as the only way to measure progress. Instead it established a gross national happiness (GNH) index which measures prosperity based on equitable social development, cultural preservation, conservation of the environment, sustainability, and promotion of good governance, etc. Obviously top-down change isn’t going to happen but it can start locally. The cites of Victoria, B.C. and Seattle have used the survey for planning and there have been a few internat’l GNH conferences. There’s a lot of info online about it. Here’s a recent article about Bhutan: http://www.guardian.co.uk/world/2012/dec/01/bhutan-wealth-happiness-counts . Stay passionate!

          • Thanks Margaret.
            Your iconic flower has come to symbolise a compass point leading towards spring; a coming into being, a rebirth.

        • Would it be GATA you’re thinking of? http://www.gata.org/about
          “The Gold Anti-Trust Action Committee was organized in the fall of 1998 to expose, oppose, and litigate against collusion to control the price and supply of gold and related financial instruments. [It] arose from essays by Bill Murphy … and by Chris Powell, a newspaper editor in Connecticut.”

  3. While I am never comfortable disputing what Dr. Farrell states on this subject (or any other), as he has been proven right time and time again, I’m leaning more toward the cynical view that this is all a bankster scam to goose gold buying. They are geniuses at this game of creating bubbles and knee jerk buying. And we needed a new bubble (or bankster ponzi scheme). Brazil wants their gold back and they are buying more gold? The former I understand but the latter is questionable. Why the rush to buy it now? They didn’t have the fore sight to buy it ten years ago like millions of other people who don’t work in high finance? If I were a significant buyer and I wanted to buy something that is going up in price, why would I announce it to the world? This would only increase demand and force me to pay more.

    Why are all these big banks and financiers buying gold now? Concerted effort to kick the banksters while they are down? Possibly. A foreseeable rush to pin your currency to gold in the near future? Maybe. Yet, as most of these people are banksters themselves or in bed with the banksters, I’m having trouble seeing beyond just another bankster scam. I just received an email from a poor friend in a third world country who was inquiring about buying gold (and using the money he hopes to buy a house with one day to do so). I’ve seen this kind of thinking before– the internet bubble, the real estate bubble. If everybody is buying gold including central banks and hedge fund managers, how come the price of gold is stuck at around $1700? Some would argue that it is being suppressed. I’m starting to suspect it is being held up.

    • “I’m leaning more toward the cynical view that this is all a bankster scam to goose gold buying”-

      I agree totally with you Frankie- and once the gold price has sky-rocketed to an almost unpayable price (people forget you can’t “eat” precious metals) suddenly all the countries seeking their gold reserves will miraculously find them/be granted them (yeah, we know, the “tungsten” stuff) and then the price of gold will plummet-

      and then it could happen again what happened during the early Roosevelt administration: people will be required to turn in their (now almost worthless) gold for a “legal tender” of paper-

      I truly hope my cynicism is unfounded

    • “They” are masters at this game & have been since their bullion trader days(even before that, with the slave labor in the gold mines).
      Like Maverick livung on Kings & Queens/ their GOD: Gold/ Oil(energy)/Drugs is absolutely monopolized from the get/go

      This “golden goose” never dies, but just changes form.
      If you look around the poker table,
      & don’t know who the sucker is;
      it’s you.

      Need to change the (w)hole paradigm.

    • Remember….the significant question is HOW MUCH GOLD IS THERE? And HOW MUCH HAS IT BEEN REHYPOTHECATED? (The banksters would never do THAT, right?) So….if there is a lot MORE gold than what is publicly thought, say, by an order of magnitude….what then? Would they lie about the amount of gold, in addition to rehypothecating it? Sure they would, for that fundamental figure is also a way to manipulate its price.

      • I’ve been mulling over lately as to why the banksters kept the gold price under $300 for so long? I believe this lasted over a decade from the eighties into the new century. Was this done to convince the world that gold no longer had any real value? Was this also the time frame where many foreign central banks turned over their gold to NY and London under this ruse? Keep the price of gold artificially cheap and then buy up the lion share of the world supply that you don’t already have in your vaults as well as bankrupting a slew of mining companies and limiting the amount of gold being mined? I don’t know how this fits into all this if it does at all.

        The Rothschilds have acknowledged they actively fixed the gold price for quite some time:

        http://www.telegraph.co.uk/finance/markets/2883029/Rothschild-to-pull-out-of-gold-market-after-200-years.html

  4. This developing geopolitical currency conflict certainly fits the pattern and schedule as but the latest to be planned and funded by centralized banking entities entirely divorced from national interests (i.e. it is not unlike the French, American, NaZionist, Russian, etc., “revolutionary” conflicts that have preceded it).

    It should come as no surprise to any reader of this blog to hear the current system of global finance described as entirely exploitative and imperial in nature. It should come as no shock to learn that such a system is sustained exclusively via imperialist warmongering (i.e. the Keynesian “Great Experiment”). In fact, there is a solid argument to be made that the current system of finance is itself nothing short of an instrument of warfare—an imperial weapon of mass destruction in every sense of the term.

    As such, it is becoming increasingly difficult to view this recent sequence of geopolitical events as indicative of some presently intangible, but altogether inevitable war in the future.

    Rather, given the significant shift in the methods and mechanisms of warfare that occurred during WWII, and how that shift informed, constructed, and propagated the Cold War and later conflicts, I’m quite inclined to speculate that the world is already deeply embroiled in the very war that so many of us expect to encounter over the horizon.

    What we are witnessing is effectively the Third World War being fought (almost) entirely in the theatre of the human mind. PSYOPS, propaganda, mis- and disinformation—this is the arsenal with which this war is being perpetrated, either implicitly or explicitly.

    This is a war of ideas and ideologies, of dogmas; this is a war fought over humanity’s very conception of “reality” itself, and our perception of place within that reality.

    In a certain sense, this conflict aims to settle the question of who gets to make the rules, who gets to effectively create reality from nothing but abstract ideas, values, and perhaps some words written on some page. In other words, this is a conflict set to determine who will hold the supreme Alchemical power to create and assemble the information set we collectively refer to as “reality”.

    On the current geopolitical stage, we witness but a skirmish in a great and timeless war on the Ego (championed presently by Western Culture) and all Ego’s nasty derivatives—patriarchy, nationalism, bureaucracy, etc.

    To understand the role of the Ego and Egotism in this conflict, we must look no further than to the Gregorian calendar, the cornerstone of Western Cultural Consciousness. On the most basic level, it functions as a measure of the frequency with which the sun circles the earth.

    Sure, we all “know” and can recite “the earth revolves around the sun,” but is that actually how we perceive it? How we conceive it? Or, rather, are we inclined to imagine that we—as a planet, as a species, as a race, as an individual—are at the absolute center of time itself? Does our calendar encourage a psychosis?

    The sun moves around the earth once, and we count one number, one day. Tomorrow, we add to that number. Once more the next day. And… so forth and so on… we count linearly, ad infinitum. Giving our mental faculties the benefit of the doubt when it comes to conceptualizing Gregorian Time, we’re left with a best-case scenario of a measure of One Planet revolving around One Star. Worst-case, we have One Star revolving around One Planet. Either way, Gregorian Time is entirely linear and entirely local.

    It is no wonder the Western Cultural Consciousness lacks any conception of “dharma”—we’re not at all concerned about our form and function as part of the universal whole because our very baseline of consciousness, our conception of time (One Planet, One Star) is pointedly ignorant of any universal whole.

    Once we compare our linear Gregorian calendar to any broadly astronomical system of timekeeping (precessional calendars, sidereal time, etc.—anything that fosters awareness of the true and universal context and scope of existence) it becomes readily evident how severely a local-linear model of time limits consciousness, imagination, and possibility.

    The Gregorian calendar, rooted in (a deceptively Geocentric) Heliocentricism, is nothing but an incarnation of Egocentricism on a culturally-blinding scale. It is perhaps no small coincidence then that (the problems of the) Ego and Western Culture go hand in hand, having both ultimately emerged from the era of Ahketaten (Amarna) and the solar cult of the Aten.

    And thus do we encounter, at the “beginning of history”, the very same Egotism and toxicity of culture that threatens us today.

    “History”, it would seem, is but one battle in a war as old as human consciousness.

    We currently face but the latest incarnation of an ageless conflict rising out of the cognitive dissonance inherent in the human psyche.

    This is a battle between the Angel and the Primate;
    between the Light and the Dark;
    between the Spiritual and the Material;
    between the Abstract and the Concrete;
    between the Creative and the Linear;
    between the Intuitive and the Sensory;
    between the Perceptive and the Judgmental;
    between the “Female” right-brain and the “Male” left-brain…

    This is Weltanschauungkrieg.

    This is the struggle between Tiamaat and Marduk;
    the struggle between Gnosticism and the Church;
    the struggle to undo the Fall and reascend to the Garden, to Paradise;
    the struggle to undo the division in the ancient cosmological metaphor.

    This is the struggle to return to Alchemical androgyny, to return to divinity, to the infinite…

    This is, ultimately, a struggle of Transhuman evolution. All that remains to be seen or “decided” is whether it will occur organically and spiritually, or be inhibited, controlled, and directed by the Egotistic Birds of Cloudcuckooland.

    • Very well said.
      There is of course the solar system; which in itself, moves cyclically through the universe, which in turns moves “us” through “frequencies”, also cyclical. As the universe; is itself, subject to movements within/out “other” spheres of influence.
      Once your get the the bottom of things; the key, so speak/
      your in another box looking for another key.

      Sherlock Holmes:
      The doll and it’s maker are never the same/yet, synchronic with matryoshka.

    • you ever wonder if the story of Ahknenaten might be BS? Translate to the house of life is a ten, binary computer programming is the key to life?.

      King Tuts tomb had fresh plaster in it when discovered, and the discoverers were conveniently silenced with the mummies curse…dead men tell no tales.

  5. Catherine Austin Fitts contends that when gold reaches 2k it signifies war. Maybe this is one more indicator towards that reality. As each country breaks away from the hidden system of finance the only way to maintain control will be to kill any opposition. Literally and figuratively. Although I’m not sure if she means world war that would include S. America or just the continued plan of Eurasian dominance.

    • As Corporate Feudal, Cartel Monopolist David Rockefeller once quipped,
      “Competition Is A Sin!” Largely unseen is, “Free” Market Corporatism, destroys fair market capitalism. Both Big Agra & Big Pharma are “Free” from competitive trade competion, i.e., Corporate Monopolies or a “Community of Like Interests,” which give rise to Corporate Collectivism & an Authoritarian Fascist State to impose & enforce Corporate Prerogatives, for control, Income & Profit, not to mention its poison products which create “inventory” – an “inventory” of sick & discordant people. Sickness & problems = Profit. Don’t have a sickness or disaster today? Well, we’ll give you one tomorrow. See, The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein.