NEWS AND VIEWS FROM THE NEFARIUM APRIL 12 2012
April 12, 2012 / /
Joseph talks about THe Daily Bell's story of stock market manipulation, a story from China about a securities fraudster receiving the death sentence, and speculates about the bearer bond scandal
Here's the Daily Bell Article:
How the Elites Manipulate Big Stocks – and Why They're Failing
And here's the article about the Chinese woman getting the deaths sentence for securities fraud:
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“From the “Annual Reports of the Secretary of the Treasury”, beginning with June 1932, to June 1939, it can be learned that the Treasury of the United States bought ten billion dollars of gold at thirty-five dollars per ounce instead of $21.65 as in former times. The Treasury does not issue any reports regarding the source of this gold and, even if the Secretary of the Treasury himself wanted to find out where the gold came from, all he could find in his files, would be the names of the last sellers. This means that the government, or the American people, paid ten billion dollars for gold that, before the change in price, could have been bought for six billions. This amounts to a gift of four billion dollars to merchants of gold among whom are, as has always been the case, many foreign merchants.”
The above is from Ezra Pound. Imagine what you could buy with that 4 billion dollars profit.
Controlling interest in companies, politicians, judges…………….
Wow…what you said at the end of your video blows my mind! A link between Gary McKinon’s situation and the bearer bonds seems new. How does that work?
Here in Spain at each corner you can see a gold and silver buy and sell store, like bakerys. It started some two, three years ago. Before there weren’t any. It seems to be that somebody is trying to dry out the stocks of gold and silver of the “little savers”.
Interesting Mizzu, similar here in the UK. About 3 years ago I
was a manager in a hotel and was talking to a guest who was
a gold dealer. He told me that many of these buyers are buying
up all the gold for the bankers who then melt it down…
for some reason…
I just saw an episode of Keiser Report (271: http://rt.com/programs/keiser-report/episode-271-max-keiser/). At 15′ starts an interview with Jim Rickards. He wrote the book: “Currency wars”.
There he sais:
– 1950: US hold 20.000 tons of gold (2/3 of world stock), until 1980 they lost 12.000 tons. Today they only control 8.000 tons.
– In the last 4 years Chinese and Russian central banks are buying more and more gold.
– Since 2007/2008 we present a currency war. The major actors: FED/Dollar , China/Yuan, and maybe in the future IMF/SDR (http://www.imf.org/external/np/exr/facts/sdr.htm). Each of them can manipulate the world finance system by turning on their printing machine. (He doesn’t mention the EURO, but what happens here in Europe looks like a war on the EURO, with the permanent attacks of “the markets” on the weaker economies).
– The BRICs are trying to jumpstart an own bank, maybe in part gold backed.
– The chinese can’t dump the US treasury bonds and crash the dollar because the FED could freeze instantly the electronic chinese acounts (Farrell spoke about electronic money as well) or just print the trillions of US debth.
– So the chinese try to change their dollars in gold, everywhere they can.
– He ends with the statement, the low interest is an enormous theft of the capital of money savers.
– He also expect a war with Iran around summer.
I don’t understand why George Soros sold his gold in 2011. Was it just an error or what?
What we can see is that someone is buying gold at any price. If it’s not chinese or russian capital it could also be
– a huge need of gold for some hidden longterm purpose by our own finance elite
– expropriate the working and middle class. The crisis drives a lot of people to sell desperately their last material belongings. They will be totally dependent and without financial back in a currency crash situation.
I like the state issued currency not based upon debt & absolutely loathe the international private banking cartel’s monopoly of of a debt-based, debt peonage economy of electronic feudalism.
And as to your speculations, they are not at all wild; because, when it comes to throwing a breakaway civilation into the mix, only then do the economies/sciences of scale, begin to unmask the many puzzling features of today’s worldview.
I wonder who has the gold that supposedly once capped the Great Pyramid of Giza….