Pflichtlektüre: Bush war has heart of gold

verfasst von Diogenes, 18.06.2002, 09:07

Guten Morgen zusammen,

Ein interessanter <a hrefhttp://www.russiajournal.com/weekly/article.shtml?ad=6279> Artikel</a> aus Russland. Moskau hat die freiste Presse, wer hätte das je gedacht (die freiste Presse bei Zeitungen, bei Geld hat sie nach wie vor Greeny.

Bush war has heart of gold
Central banks all over the world have supposedly conspired to maintain furiously high, Enron-type derivative short positions against gold to keep it in an artificial bear market for, oh, say, the last couple of decades.

Independent sources say the problem is the value of gold reserves in nearly all the world’s central banks is about even with the derivative shorts held by roughly the same banks, at $320 per ounce. So, theoretically, if a margin call were to come in today, central banks would have to pay out all gold in all their reserves worldwide.

According to a recent International Monetary Fund survey, commercial banks in 48 top nations reported holding risky derivative positions on 900 million troy ounces of gold. The actual worldwide gold production is just 50 million troy ounces. With each passing year, the real value of gold becomes increasingly more difficult to suppress artificially and so requires more funds in the derivative market. The game of keeping gold supply artificially high is alleged to serve central banks in keeping their inflated paper currencies artificially valuable, but the buck has to stop somewhere.

It doesn’t stop there. Insiders correctly point out there are only three economic means out of such a debacle: to print money, to default or to borrow. Traditionally, banks have chosen to sell debt and delay decisions in similar cases. But the debt market has dried up, along with the bank accounts of would-be investors.

For example, some say there is five times as much public and private debt in the United States as total dollars in the money supply, at $35 trillion and $7 trillion, respectively. Printing money to meet debts largely owed to the privately owned foreign banks that make up the U.S. Federal Reserve would be economic and political suicide, obviously, and so would be a default, but there is one long shot reportedly in the works: A highly collusive war that engineers a massive wealth transfer, much like Desert Storm but on a larger scale, might just save our economies.

Whoa, wait a minute. Aren’t we at war against terrorists? How did all this get started? The answer is that our world is a dynamic reality where multiple events flow together as streams to a giant river. Unbeknownst to our friends in the mass media, most of our world’s problems can’t be reduced to a single target or personality. Alas, complex issues don’t sell airtime.

Global currencies fluctuate against each other based on emotion and backed by psychology, not by assets as they once did. That is why the U.S. Federal Reserve puts psychology before economics every time. And so, the reasons the central banks would gain by keeping gold artificially low becomes more obvious from this perspective. As long as alternative investments to paper currencies are kept artificially unattractive, as in gold’s 22-year bear market, people will hold paper currency, keeping demand high and inflation at bay.

The clincher is this: The price of gold useful for industry is said to be valued at $350 by the market today, due to inflationary values that have not been figured into the price of gold for more than two decades. If that is true, and if central banks around the world are now losing their hedge against undervalued gold - threatening their very existence - then the price of gold will slingshot up and currencies all over the world will melt to 30-60 percent of their current values.

Could we really be at the beginning of a gold boom and concurrent currency meltdown? Can a controlled conflict save us from a certain collapse? Is the possibility of a controlled conflict in the Middle East even possible? And what sensational attack against which political personality will take place when the mass media resume their blame game? These and other questions are being answered by events playing out right now.

(Tate Ulsaker is president and founder of Direct INFO.)



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gesamter Thread:

• Pflichtlektüre: Bush war has heart of gold - Diogenes, 18.06.2002, 09:07
  • Re: Pflichtlektüre: Bush war has heart of gold - Eine Frage dazu - mat, 18.06.2002, 10:02
    • Re: Pflichtlektüre: Bush war has heart of gold - Eine Frage dazu - Diogenes, 18.06.2002, 13:29