BIS(BANK OF INTERNATIONAL SETTLEMENTS) TO THE FEDERAL RESERVE: WATCH ...
Readers of my various books, most notably Saucers, Swastikas, and Psops, and Covert Wars and Breakaway Civilizations, will be familiar with the Bank of International Settlements, otherwise known as the BIS, and more (or perhaps, less) affectionately as The Tower of Basel(in fact, there is a book out by that name covering the history of this dubious organization).
Well, because for one thing it was the brainchild of one Dr. Hjalmar Horace Greeley Schacht, the head of Germany's Reichsbank for much of the interwar period, and also, for a brief time, under Adolf Hitler. Present at its miscegenation were the then governor of the Bank of England, Montague Norman (another dubious character), and lurking in the background were the ever-present American corporate interests. Now, as the following article notes, the BIS is...well, the best way to look at it is that it is an international bank, a kind of central bank to central banks (only Schacht could have come up with this monstrosity), and as such, Schacht deliberately wanted it included in its charter that it would be immune from any other sovereignty. In effect, it's an international bank, with the sovereignty normally accorded to a nation-state. During the Second World War, it served at the point of contact between the "warring" Nazis, and their counterparts in the West. In fact, as I pointed out in Saucers, Swastikas, and Psyops, its wartime head was an American, Kittredge, who managed to travel throughout Axis Europe under diplomatic passport (doubtless from the "bank").
Now, with that in mind, ponder the following article:
Warning of new financial crisis as bond yields spike
This is the sort of bland, dry-as-the-desert financial prose that masks something that might be truly extraordinary, from a geopolitical standpoint:
It warned losses could range from 15% to 35% of GDP in the UK, France, Italy and Japan and even greater damage in a number of other countries.
"Such a big upward move can happen relatively fast," BIS said, referencing the 1994 crash.
"Someone must ultimately hold the interest rate risk. As foreign and domestic banks would be among those experiencing the losses, interest rate increases pose risks to the stability of the financial system if not executed with great care."
"The warning from BIS comes after the US Federal Reserve set off the most dramatic spike in US borrowing costs for over a decade by hinting at an early exit from quantitative easing."
Translation: "Someone must ultimately hold the interest rate risk(and it isn't going to be us)."
In other words, BIS was serving less-than-gentle warning to the US Federal Reserve that it is close to being "off-the-reservation." What that means is that one of the prime tools in the financial arsenal of the West, the BIS itself, is now having some second thoughts about US treasuries and the bond market in general... and they're warning of dire global depressive consequences.
As for "monetary tightening", that too has interesting deflationary connotations and implications, an austerity program... Now, the last time the BIS made these sorts of staid comments, we had a little thing called World War Two, when another country (Germany) went "off-the-reservation". Interestingly enough, Schacht was tried at Nuremberg, given a comparatively light sentence, and ended up only serving a small portion of it. There have been speculations to this day that Schacht "knew something" and used it to blackmail the power brokers behind his accusers...
...maybe it had something to do with the fact that, on his trip to the USA in 1928 and his visit to the New York Federal Reserve to inspect Germany's gold deposits, the staff of the bank couldn't find it.
No problem, said Schacht. "I trust you..."
So, one central bank (BIS) says to another (Federal Reserve): watch your step... Maybe the ghost of Schacht hovers over it all.
See you on the flip side.
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Stumbled on this interesting statistic posted back in December 2012. Apologies if this has been mentioned before. Sooo … exactly how much gold does the Vatican have? Quote: Quote: via Google Translator: “[The Catholic Church] controls about 60,350 tons of gold and disposes of 30% of all gold ever produced / extracted , at current prices it is possible to estimate the value of all these goods, which are the greatest treasure of all mankind, in over 1.24 trillion dollars.””
And there’s your hidden system of finance! If they have $1.24 trillion dollars’ worth of gold, in their hand, you can be sure they are leveraging that by — what? shall we say a factor of 100x? — to create maybe $100 Trillion in phony fiat money.
And this is confirmed how?
What a timely post.
Incidentally, I would love it if The Daily Bell would conduct an interview with you. It would be truly gripping.
For me it is all theater. It is, afterall, published in a manner that even the unclean can read. In other words; where are the other words that have been spoken/but not published or heard? Because control is their ultimate game, and money is their mechanism of control in today’s world. I don’t doubt there are exiting strong factions. But ultimately, they exist by design/purposeful divisions, under control of the whole. The separate divisions truely they are separate. But within their ranks, are a few controlling agents of the whole. Imagine an extemely organized entity. Now give it a name, say “X”. Now take X and square it, then cube it; your still uncomprehending, of how powerfully it’s been organized.
It’s only enemy is entrophy itself.
And, if truth be known: They, entrophy & orgainization – are both controlled by the whole(nothing).
An ultimate yinyang/coin, when spun just right – disappears.
Going on w/the control theme, a couple of articles today.
One at http://veteranstoday.com/
From Bilderberg To Googleberg
The Technocratic Restructing of the Global Elite
At Natural News(Jul 1st 2013)
EU: Monsanto is now pursueing patents on conventially grown crops(not GMOs)
and was granted a patent on broccoli in the EU.
(Its lawyers are preparing patents for a wide variety of natural crops.
Its goal is to own all sources of food.)
hidden in plain view, cheerleaders pom pons are made of paper afterall. The end game is and always has been too get rid of the heads that can figure that out. Genetically it is one of the riddles of the sphinx…heads i win, tails you lose…either way in the goat is a losing proposition….the thesbians from thebes are bad actors playing the role of scientists….Entropy is the jokers in the deck, 52 cards in a year, and 4 building blocks to suit up in.
Enjoyed your “Entropy” analyses.
The dead are really ruling over the living worldwide. The ghosts have spoken Morsi has been kicked out of office let us hope the Palestinians get a better deal from the new Egyptian president in their conflict with Israel. Also hoping that this gives Syria some relief and time to save itself in time to prevent disaster to the region. As for our friends from the central banks life is paradise hell for the rest of us long live profit.
Or one could say it’s the BIS coming to the defense of the ibankers who issued all of those nearly fake bonds. It’s the Fed that’s saying: “We’ve had enough of buying up this garbage y’all created, albeit with our help; we’re going to stop.”
In other words it’s the US Federal Reserve bucking some agreed upon system, a system that mostly enriches those connected to such trading.
Another good take on it!
BIS website has published their 2013 annual report which opens like this “Since 2007, actions by central banks have prevented financial collapse”…. So that’s why everything is just so “fine and dandy” now!
I heard a blurb last night on the BBC radio news that Egypt will now finally be awarded its IMF loan following Morsi’s removal. I can’t confirm this today in any news and the Wall Street Journal is claiming the opposite. Egypt’s stock market did surge immediately following the coup. If true, could it portend that the IMF is decoupling from the old school banksters as well? Considering the fate of Egypt’s economy hinged on this substantial influx of cash and that the opposition to Morsi was instigated by some of Egypt’s wealthy businessmen, I find it very interesting. Morsi was clearly taking orders from Tel Aviv with his calls for Assad’s removal in Syria and his disregard of the Palestinians. His Muslim Brotherhood seemed straight out of the banksters’ clash of civilization template with its hardcore islamic fundamentalism. (And I am aware the the Muslim Brotherhood was a nazi creation which adds more personal confusion to the mix). Possibly the IMF didn’t extend the loan to Morsi because his rule was fragile and the IMF’s social media data mining warned them of this, but it would seem the IMF injection would have been exactly what Morsi’s rule needed— give the people what they clamored for which was economic stimulus. My take is that it was a conspiracy of finance oligarchs in Egypt who took Morsi down. I just wonder if they were being coached by someone outside of Egypt opposed to the banksters?
Od course, if the banksters did decide not to extend the IMF loan to the self proclaimed Pharaoh Corsi and precipitate his downfall, then we would have to call this event in history “Moses’ Revenge.”