Silver: The Trade of a Lifetime, But Leads to a Life of Crime

By Dominique de Kevelioc de Bailleul

Two camps exist, those who know the silver price will strike many multiples from today’s $35, and those who don’t.  With the overwhelming majority of investors falling into the latter camp, early birds to the silver market will become stinking rich.

Here’s why the above statement is no hyperbole.  Consider the impact on the silver price from Fed monetary policy.

Mom and pop (M&P) investor don’t know that so-called “QE3” is unlike any emergency monetary plan of the Federal Reserve.  Thanks to Congressman Ron Paul, M&P has only recently discovered that the Fed is not a federal government institution—as in students of Econ 101 already know.  And now M&P must learn of the implications of the Fed announcing that there will be no limit to its balance sheet?

In an almost unanimous vote, the FOMC announced last week it will purchase the most toxic assets of the banks—and, in unlimited quantities.  No limit.  That means there is no limit to the dollar’s decline.  Period.  Mom and pop may have heard someone talk about that, but all this talk of financial Armageddon will be dismissed as another Cassandra who’s taken to the airwaves to sell gold from some dodgy Internet outfit.

M&P don’t know and will never know the subject of money.  M&P have never heard of Jim Sinclair and, if they did know who he is, they wouldn’t know what “QE to infinity” means anymore than they understand how a television works.  M&P just know everything will be all right in the end.

M&P will not take action because their son or daughter told them to take action.  Their son and daughter aren’t “experts”, nor are these ‘kids’ on television.  M&P need a friendly newscaster or other celebrity, like an Opra, to tell them what to do.

And that’s where M&P will make you rich.

When the price of silver becomes mainstream news for weeks and months at a time, it’s all over for the cartel’s already remote chance of suppressing the price of silver.  When M&P’s favorite newscaster starts broadcasting the emergency steps they should take to ‘fight inflation’, the lines will begin to form outside the local bullion dealer.  Business at Goldmoney and Sprott Asset Management will boom.

Instead of your local Home Depot running out of ¼ inch plywood as prudent homeowners prepare for some hurricane, bullion dealers won’t have bullion to sell either.  That’s when there’s no limit to the price of silver.  The mania of all modern-day manias will begin.

But . . . for the fly in the ointment.

The silver mania will explode into a national story so large that the national dialogue will suddenly turn ‘official’.  Anyone possessing silver will be painted as an enemy of the state.  There will come a day when the National Security Advisers recommend outlawing private ownership of silver, and the law to make it happen has already been signed by the president.

On March 16, President Obama signed into law The National Defense Resources Preparedness Executive Order.  Contained within the EO is the clause which allows the president to “take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology, for national defense requirements” in the event of a “potential threat to the security of the United States.” [emphasis added].

The term “critical technology” can point to many things, such as national security technology, for one, but not necessarily the resources required for the technology behind building cruise missiles, though important as it is; the vital national security issue is, and always has been, energy—alternative energy, in the case of the 21st century.

M&P don’t know that windmills and solar panels MUST contain silver, the metal best known for its thermal transfer and electrical conductivity (at a relatively economic price).

“Silver, it’s more than precious; it’s a critical, vital metal,” Leeb told King World News during the weekend of Mar. 11.  “You cannot run the world without it as the world stands today.”  See entire BER article.

Though the U.S. has been remarkably negligent in its preparation for the post-carbon era, China, on the other hand, has not.

“The Chinese are frantic about building out renewable energies.  Frantic, because they see the peak in oil.  Frantic, because they see next decade peak in coal,” Leeb continued.  “So what are you going to replace coal and other hydrocarbons with, if not wind and nuclear . . . you’re going to need all of the above in massive concentrations.

Leeb went on to say that silver will soon become a strategically vital metal to the U.S., which can only mean one thing.  You can’t have any.

In December 2011, Leeb told GoldSeek Radio, “Silver is an utterly critical metal when it comes to renewable energies, solar panels; there’s no other game in town . . . Silver-based solar is going to play a major part in our energy future . . .

“China used to export silver, now they’re importing, and they are very big importers.  And they [China] went on to say that they’re not going export any silver what so ever.”  Though China recently relaxed its strict export quota of rare earths, silver was not included in the increased export quota.”  See BER article.

“I do believe [$200] is not an unreasonable target” for silver, Leeb continued.

“But the problem is, once it reaches one hundred [dollars], people start getting very, very nervous.  It’s a very, big broad round number and they [bankers and/or government] start taking action; they might consider outlawing the ownership of silver as a monetary metal.”

Prepare for that day.  In the not-too-distant future, silver will become illegal to own.  Incorporate that eventuality into your overall protection from a federal government gone fascist.  It’s not enough to be right; you must now become an ‘outlaw’ of a lawless and out-of-control America.

There are no laws, now.  Have no guilt or fear, just do what is necessary to insist on your right to survive and thrive.  Any law to deprive you of your rightful property will be ignored and resisted by countless Americans.

Some stooge who happens to reside at the White House is not your law; the U.S. Constitution of the United States is your law.

UBS: Hyperinflation Nears; Gold, the Canary in the Coalmine

By Dominique de Kevelioc de Bailleul

Swiss-based UBS AG issued a warning to clients Wednesday that the U.S. is on the path of a hyper-inflationary depression.  Forty years of a nation’s currency not redeemable for a physical asset has just about reached its limit of usefulness, according to the world’s 17th largest bank (ranked by assets) and its economist Caesar Lack, Ph.D. economist.

In Lack’s note to investors, titled, Global Risk Watch: Hyperinflation Revisited, he states:

Hyperinflation: Paper money only has a value because of the confidence that the money can be exchanged for a certain quantity of goods or services in the future. If this confidence is eroded, hyperinflation becomes a threat. If holders of cash start to question the future purchasing power of the currency and switch into real assets, asset prices start to rise and the purchasing power of money starts to fall. Other cash holders may realize the falling purchasing power of their money and join the exit from paper into real assets. When this self-reinforcing cycle turns into a panic, we have hyperinflation. The classic examples of hyperinflation are Germany in the 1920s, Hungary after the Second World War, and Zimbabwe, where hyperinflation ended in 2009. Indeed, hyperinflation is not that rare at all. Economist Peter Bernholz has identified no fewer than 28 cases of hyperinflation in the 20th century. [emphasis added]

Lack’s overview of the events which lead up to a currency collapse comes straight from the work of Austrian economist Ludwig von Mises (1881-1973), an economist shunned by the establishment’s money masters for his heretical economic viewpoints, and scoffed by today’s confused legion of ‘expert’ economists, media personalities and political figures such as deficits-don’t-matter Dick Cheney.

Americans will soon find out that deficits, indeed, do matter, says UBS.

Just as a student pilot is told to trust his flight indicators and not the sensations brought about by his inner ear, the readings of hyperinflation stare each investor in the face—if he’s trained to ignore the likes of the establishment’s head cheerleader Paul Krugman, and, instead, interpret what the economic indicators tell him from the standpoint of the obscured von Mises.

As von Mises pointed out, hyperinflation is not a result of a money supply gone wild through the excessive printing of paper notes, per se; it’s the result of a marketplace of participants suddenly rushing out of a monetary system which they perceive no longer works or can be trusted.  MF Global, PFG, LIBORgate and, now, hints of fraudulently managed ‘allocated’ gold accounts surfacing, all contribute to that cumulative, then sudden drop in confidence in the U.S. dollar.

As repeated attempts to audit the Fed regain renewed support in Congress, policymakers are under pressure by a public—a public that now questions the once-sacred, enigmatic and arcane central bank’s role as the steward of the nation’s money.  As congressman Ron Paul stated in an interview with GoldSeek radio during the weekend, another bill to audit the Fed makes its way through committee.  The issue has mushroomed in popularity with constituents, therefore their representatives, and can no longer be ignored, according to Paul.  The issue of the Fed won’t go away.

And the last step toward hyperinflation comes from a public that comes to realize that, in fact, deficits do matter and that four decades of deficit spending has reached its limit in the U.S.  The realization of American exceptionalism, as it relates to matters of fiscal responsibility, was just another propagated myth could come as early as next year, according to many students of the Austrian-school, such as Jim Rogers, Marc Faber, John Williams, Peter Schiff, Max Keiser, James Turk, Eric Sprott, among others.  As the U.S. economy rolls over, federal tax receipts will drop further, gaping an already monstrous $1.5 trillion deficit ($5.3 trillion, including unfunded liabilities) into a Greece-like death spiral.

“Ultimately, hyperinflation is a fiscal phenomenon; that is, hyperinflation results from unsustainable fiscal deficits,” states UBS.  “Peter Bernholz [author of Monetary Regimes and Inflation: History, Economic and Political Relationships]

notes that historically, cases of hyperinflation have been preceded by the central bank monetizing a significant proportion of the government deficit.

“After investigating 29 hyperinflationary episodes, 28 of which happened in the 20th century, Bernholz writes: ‘We draw the conclusion that the creation of money to finance a public budget deficit has been the reason for hyperinflation.’”

Reruns of Cheney video clips will be used by some as a reminder of how fiscally, politically and morally bankrupt American culture has become.  It will dawn on a larger and more meaningful portion of Americans that the promise of a trip on the train to the American dream was really the boxcar to the slaughterhouse.

That flashpoint worries the Fed and the oligarchy (witness the Warren Buffett, Charlie Munger and Bill Gates interviews with CNBC’s Becky Quick), as confidence in American institutions will be irredeemably lost, leading eventually to that fateful day of hyperinflation.  Just as 28 other currencies before, another currency, the dollar, will end up as the next worthless fiat.

The bizarre series of Executive Orders and other unconstitutional steps taken by all branches of government since 9-11 tip the hand that central planners have  been preparing for that day of awakening.  The anger generated by a public armed to the teeth most likely will trigger panic and another American Revolution.

UBS ends with:

Gold – the canary in the coalmine

Due to its long standing as the foremost, non-inflatable, liquid alternative currency, gold is the first destination for wealth fleeing from paper money into real assets. Gold can be considered a hyperinflation hedge, and its price can be considered an indicator for the probability of hyperinflation. A sudden rise in the price of gold would be a warning sign that the risk of hyperinflation is increasing, in particular if it went along with a worsening of the fiscal situation in the deficit countries and an easing of monetary policy. Not only gold, but also other commodities, as well as the stock market, would profit from investors fleeing from money and from government debt. Thus a strong rise of gold, commodities, and stock markets, accompanied by a fall in the currency and in government bond prices (i.e. a rise in yields) could signal the approach of hyperinflation. We will continue to monitor global inflation developments and change our risk assessment in the global inflation monitor according to current events.

CNBC Interview: Warren Buffett Shows Fear

By Dominique de Kevelioc de Bailleul

In one of the most revealing interviews with the man who has always been optimistic for a continued prosperous America, Berkshire Hathaway Chairman Warren Buffett, for the first time, appears noticeably fearful about the future of the U.S. economy.

Buffett cult members must have noticed his more-than-usual speech stammer as he searched for the right words in response to questions posed by CNBC’s Becky Quick—who, incidentally, is one of CNBC’s softest of softball interviewers.  In contrast, a Buffett interview with Rick Santelli would most likely drop the Dow 1,000 points within the first few minutes of questioning.

There’s little doubt, if you read between the lines of Buffett’s responses to questions from stick-figure journalist Becky Quick, it’s time to head for the hills and buy gold, gun and take up God.  The 81-year-old investor had nothing good to say about the U.S. economy—a first for the Orifice of Omaha.

When Quick asked whether Buffett’s optimistic assessment of the U.S. economy of six weeks ago is still on track, Buffett began with a mea culpa nervous laugh, as if to say, ‘Oops, I misread the tea leaves.  Sorry fans; this thing is going down.’

Stripping out the filler and avuncular chit-chat ‘Uncle Warren’ persona, the cold-hearted Nebraskan is saying that the outlook for the U.S. economy is not good—just as Jim Rogers and Marc Faber have warned investors many months ago.  In fact, if Buffett wasn’t such a cheerleader for the establishment—the establishment that has feathered his nest for so many years—he’d stop treating investors with disdain though his condescending obfuscations to direct questions and hokey homilies of America the Beautiful—and come clean with investors.

Not Warren.  Joining the Washington mafia is for life.  No exceptions.

“Well, I’ve got a little different story this time,” Buffett chuckled, and went on to say that he’s been looking for a turnaround in the economy for more than two years, but nothing stands out as a potential catalyst of future growth.  The GDP stall, back to flat-line, hasn’t been led by any particular sector; “ . . . it’s pretty general,” he said.

Quick asked, “Well with everything else — not a reversal, a slowdown in the growth, what happened? What happened six weeks ago to spook people, to spook businesses?”

Buffett responded, disingenuously, of course,  “I don’t know the answer to exactly why it’s happening. And I don’t know what it will be three months from now or six months from now because three months ago I didn’t know what it would be today.”

The Sergeant Schultz of billionaires doesn’t know what Jim Rogers knows, or Marc Faber knows, or Peter Schiff knows—and Max Keiser, Eric Sprott, John Williams, Ben Davies, James Turk and about a dozen regulars of Eric King’s King World News.  Buffett knows nothing, the Hogan’s Goat of Washington.

As the mountain of sovereign, corporate and personal debt chokes the economy—while the Fed won’t allow the markets to clear with its ZIRP policy—while the dollar debases at rates never seen since the Civil War, Buffett knows nothing of why the U.S. economy isn’t miraculously recovering from the post-Minsky Moment.

Lies through omission are still lies, Uncle Warren.

In short, the 81-year-old ‘legend’ has turned into a ‘has-been’ overnight.  Or better yet, Buffett the oligarch is about to tank along with the U.S. economy, American exceptionalism, his Cadillac, his ice cream cones, See’s peanut brittle, and his phony blue-collar flag-waving imitation.

Instead of fighting the good fight throughout his storied career to prevent the U.S. from sinking into a fascist plutocracy, like the humble Texan Ron Paul has for three decades, maybe Buffett would gain some respect from other analysts who’ve been too busy being told they’re doom-and-gloomers, nut cases and extremists by the ‘prestitutes’ of main stream media.  While Ron Paul was telling it straight, refusing Medicare payments from his elderly patients during his time as a practicing physician, Buffett smiled, chuckled and played paddy fingers with Charlie Munger and the boys in Washington who bailed him out with TARP.

Recall Uncle Charlie Munger’s comment about goldbugs.  May 7, he said on CNBC, with who else, but the Tokyo Rose of the oligarchy, Becky Quick, “Gold is a great thing to sew onto your garments if you’re a Jewish family in Vienna in 1939 but civilized people don’t buy gold – they invest in productive businesses.”

And another oligarch, George Soros, should know exactly what Munger is talking about.  Through his own admission, the teenage Soros turned in Jews to the Gestapo during the reign of the Third Reich in the 1930s.  Soros is civilized, but people escaping the tyranny of Nazi Germany or 21st century America are uncivilized cattle.  But, then again, Soros owns gold, hedging again from tyranny.

What a cast of characters.

Back to Buffett, who said this about JP Morgan gold cartel kingpin Jamie Dimon, “I think Jamie Dimon is one of the best bankers in the world.”

Sure, and Bernie Madoff was one of the best fund managers, too, until it was discovered that Bernie’s phony profits were just that, phony, a smaller Ponzi scheme than the one managed by a man at the helm of America’s largest bank.

“There’s No Way You Can Bet Against America & Win,” Buffett had said in his previous interview with Quick of six weeks ago, which begs the question: What America is he talking about?  Central America?  Those are the strangest words from a disgrace of a man who was ashamedly Made in America.

Source: CNBC

Bill Gates Joins Warren Buffett to Play Joseph Goebbels

The propaganda war against the world’s safest of havens, gold—with a track record of 5,000 years as proof of its role in a monetary system—has taken a step up with the voluntary outing of the latest American copy of the WWII-vintage Nazi Party Minister of Propaganda, Joseph Goebbels.  His name is William (Bill) Gates.

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In an interview with CNBC’s Becky Quick, Gates agreed with Warren Buffett’s negative assessment of holding gold during a financial crisis.

As Gates’ eyes shifted off to the side, he said, “I’m certainly in that camp,” as he proceeded to elaborate in a manner that showed his uncomfortableness with the question and his own response, shifting in his chair several times as he starts off talking about the risks of central banks selling it because it doesn’t “do anything for the people,” and then repeating almost word-for-word Buffett’s sophomoric line about the “psychology” of people buying it because they think it may be worth more in the future.

Here’s the link to the 2-minute clip of Gates’ response to Quick’s question regarding Buffett’s remarks about gold.  Note how he truly struggles with a fabricated response.

Make no mistake it.  Gates’ role is one of a man who finds himself playing a performing puppet for a criminal enterprise, which itself plays the roll of a legitimate Constitutional government.  It appears that Gates must play this role, because the world is too small and his face too well-known to bow out to live in peace on some South Pacific island away from those who would like to remind him of his lifelong commitment to ‘the family’.

Congressman Ron Paul understands the awkward position in which Bill Gates finds himself.  Paul once said of the endless others of Gates’ ilk, all of whom have been seduced by Washington and its suited prostitutes, “When one gets in bed with government, one must expect the diseases it spreads.”  The disease Bill Gates has caught he cannot shake unless he steps out of the pack.  But the pack, in addition to holding a carrot in one hand, also holds a stick in the other.

To better understand Gates and the context behind the disconnect between the reality people feel in their daily lives and the faux reality in which media would like us to believe about almost anything, Republican political operative Karl Rove of the George W. Bush administration shamelessly repackages a Goebbels-ism for a reporter he deemed to be an enemy of Washington power.

From a NY Times Magazine article of Oct. 17, 2004, written by Ron Suskind, who quoted an unnamed “aide” to George W. Bush (revealed later as Karl Rove):

The aide said that guys like me [Ron Suskind] were “in what we call the reality-based community,” which he defined as people who “believe that solutions emerge from your judicious study of discernible reality.” … “That’s not the way the world really works anymore,” he continued. “We’re an empire now, and when we act, we create our own reality. And while you’re studying that reality—judiciously, as you will—we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out. We’re history’s actors … and you, all of you, will be left to just study what we do.”

Washington’s propaganda war, from the war on terrorism, to the invasion of Iraq, Afghanistan, to the virtues of the Federal Reserve, and endless other topics, media is the all-important weapon in the information war between those who report the truth as they believe it to be and those who seek to condition an electorate into thinking against their own self-interests in favor of a few.

In the case of Gates in this instance, he’s merely been called upon to act on the stage at the behest of Washington.  And after reviewing his latest performance, he doesn’t pull it off very well when it’s time to outright lie, because Gates’ entire life has been conditioned to respond in an intelligent and thoughtful manner to complex puzzles.  He’s clearly not gifted at political rhetoric.

After Warren Buffett took a shellacking for his child-like presentation of why he has no gold (he says), Gates, like a drunk trying to save his buddy who was struck by a car while staggering to reach the other side of a busy freeway, will also receive a Chevy bumper to the face in his effort to come to the aid of his friend.

And it’s really of no surprise that Gates would side with the man he “fell in love with” at first sight.  It’s safe to say that Buffett would pooh-pooh Apple’s operating system in favor of Microsoft’s clunker, if push came to shove.

And considering that the two men have in common the burden of being captured by a Washington power structure that aided and abetted both their empires from the jaws of the Sherman Ant-Trust Act of 1880, anyone can clearly see the motivation of both men for going out of their way to discuss that “silly” gold.  Both men would lose a substantial percentage of their fortunes if gold became the foundation of the world’s monetary system.

It’s quite obvious that someone has applied pressure on these two men to play roles each must certainly now feel uncomfortable playing.  How can one of them now buy a billion dollars worth of gold and still cheer-lead the hopelessly broken dollar.  Call it a “deal with the devil” or a simple quid pro quo with Mafia Dons who need to call in that big favor.  Either way, it smells of Nazism dressed in suits.

But the overarching question to this recent spectacle surrounding gold is:  if the yellow metal is so unimportant, irrelevant, barbaric and useless, why do these two men feel so compelled to talk about it?  Shame on both of them.

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Gerald Celente: Nightmare “Schemed” to Cover Up America Collapse

Trends Research Institute founder Gerald Celente predicts that a war with Iran is scheduled to cover up the next leg down to the financial collapse of the U.S. and political upheaval a collapse engenders.

“I’ve been in this business now since 1980, and I’m always marveled at the schemes undreamed of that they come up with,” Celente told GoldSeek Radio host Chris Waltzek.  “So, when things should collapse, they often don’t, because they come up with another scheme.  So, here’s the scheme undreamed of that I believe is going to be America’s worst nightmare, and that’s war with Iran. Sign-up for my 100% FREE Alerts

“The drums keep beating; the chick-hawks keep screeching; and America and Israel keep getting closer to a conflict with Iran.  And it’s all tied in with Syria as well,” Celente added, alluding to a reciprocating defense agreement between Iran and Syria.

Celente continued the discussion with Waltzek by making the eerie parallel between today’s economic depression, social unrest and geopolitics with those of the Great Depression, which began with the Crash of 1929 and ended following the conclusion of WWII.

Pressure on Washington to quell the threat of Communism as an alternative to a failed central bank controlled ‘capitalist’ system in the U.S. of the 1930′s has reemerged, but with the threat to the status quo coming this time, not from the potential of a viable Communist movement, but instead coming from the rapidly growing Constitutionalists and End-the-Fed movement led by Republican congressman and 2012 presidential candidate Ron Paul.

Making this point for the Keynesians, famed big-government liberal economist and Nobel prize laureate Paul Krugman—who is no fan of Congressman Paul—stated in a NY Times Op-ed piece on Dec. 11, 2011, titled Depression and Democracy, “On the political as on the economic front it’s important not to fall into the ‘not as bad as’ trap. High unemployment isn’t O.K. just because it hasn’t hit 1933 levels; ominous political trends shouldn’t be dismissed just because there’s no Hitler in sight.”

Moreover, Krugman in the past has argued that the U.S. needs some big outside event (even joking about an alien invasion from space) to foster the need for further federal deficit spending and renewed consumer consumption, which he believes was the catalyst for ending the Great Depression—a suggestion with which Paul and Austrian economists vehemently disagree.

Therefore, Washington must dream up another scheme to redirect attention away from an oligarch enriched by the Federal Reserve System and wars, according to Celente.

History is replete with examples of nations, once divided, reversing course to unite behind a president in times of war.  Celente believes that this time is no different and that Iran will serve as Krugman’s Hitler for Washington’s political purposes.

“We’re saying right now that a war with Iran is going to be the beginning of World War III,” said Celente, and added “but what it will do, Chris, it will certainly get the people’s mind off the failing economy, just as it did during the Great Depression and the lead up to World War II.” Sign-up for my 100% FREE Alerts

German Bundesbank’s “Incredible Gold Scandal”

“The incredible gold scandal,” the German newspaper BILD began its article about the disposition of Germany’s mysterious gold holdings following the collapse of Lehman Brothers in 2009.

Growing pressure from the German people and politicians exerted upon its central bank, the Bundesbank, to audit the nation’s gold reserves intensifies, running parallel with escalating anxieties felt by German taxpayers for more than two years leading up to Greece’s to-big-to-pay $18 billion interest payment deadline of March 20, 2012.  Sign-up for my 100% FREE Alerts

Everyone knows that Greece doesn’t have the money, and the big money has bet that Greece will have to officially default on the 20th, as evidenced by the one-year Greek bill, which topped 1,100 percent this week.  Hedge fund managers have spoken: Greece is done with the euro.

Now it becomes a scramble for the gold.

Considering the ominous Greek sovereign debt backdrop, a suspicious Germany now wants to know where its gold is stored, as the last audit made in 2007 clearly indicates that the Bundesbank skipped its 2010 audit.

Just as pressure has been applied on the Fed by U.S .Rep. Ron Paul to agree to an audit of U.S. Treasury gold held at Ft. Knox and West Point, Germany may have to break the rules, too, by stonewalling the country’s elected representatives on the matter of its gold reserves.

“A clear breach of the law,” top Bilanzrechtler Prof. Jörg Baetge told BILD. “At least every three years to control counts the bars are made. [Google translation]”

When Germany’s controversial member of the Bundestag, Phillip Missfelder, inquired into the reason for the missed audit by the Bundesbank, the 32-year-old  chairman of the Junge Union received a series of Fed-like responses from Germany’s central bank.

“I was shocked,” Missfelder told BILD.  “First they said that there was no list.  Then there were lists that are secret.  Then I was told, demands endanger the trust between alliance bank and the Fed. [Google translation]”

A skipped audit, and now, peculiar responses from one of the most respected central banks, regarding the world’s second-largest sovereign gold stockpile (after the United States) has gold bugs wondering if German gold has been essentially held hostage at the NY Fed to prevent another explosive run in the gold price.

Coincidentally, or not, some traders suspect that Venezuela’s Hugo Chavez’s repatriation of 99 tons of gold from London vaults created a nearly 25 percent jump in price during the un-seasonal summer rally in gold of last year.

But in the case of Germany’s 3,401 tons, of which approximately 60 percent (2,000 tons) is rumored to be stored outside of Frankfurt, a potential move in the gold price from an unwind of 20 times more potentially re-hypothicated gold (levered as much as 100:1) could take out gold $5,000, $10,000, $20,000 or more, easily, if Germany insisted that its gold (possibly rehypothicated) be returned to its own vaults.

A leveraged gold market of approximately 100:1 would, in effect, translate to 200,000 tons (2,000 x 100) removed from the gold market (or any fraction of that amount).  That cannot happen without a total and immediate implosion of the world’s Western fiat currencies (in terms of gold).  It’s too much gold to unwind and continue on the facade of viable Western fiat currencies.

Therefore, German gold moving back to Germany won’t happen.  London’s scramble to find 99 tons for Chavez is one thing; finding as much as 2,000 tons to ship to Frankfurt is quite another.

Missfelder told BILD, “It may be that is the gold assets of the German apparently violate any applicable accounting law.  This is a case for Parliament.  I call for a clear view. [Google translation]”

Aside from the heat that Germany has taken for more than two years in its fight against pledging its country’s people as collateral for Greek fiscal profligacy, Germany has another, even bigger problem.  That is: how to repatriate German gold without destroying all hope of keeping the post-Bretton Woods fantasy alive.

Will Germany ultimately take the big hit at the endgame of dollar hegemony?

Author of Currency Wars, Jim Rickards, believes that German gold has, de facto, been confiscated, already.  If any mention from the officialdom in Berlin that it seeks to repatriate its gold reserves could force Washington’s hand to refuse the request and confiscate the up-to 2,000 tons of gold held at the NY Fed.

“ . . . as I’ve described in the book Currency Wars, if the U.S. gets into extreme distress, and there’s a collapse in the dollar, I have no doubt that in an emergency basis the U.S. will basically confiscate all the gold in their possession,” Rickards told King World News in mid-November.  “Then they will convert it to back up a new gold based U.S. dollar as plan B or some way to stop the crisis.”

Rickards continued, “So it’s a political question for Germany as to whether they want their gold back, but sometimes you don’t ask questions if you don’t think you are going to like the answer.  It would be interesting if Germany demanded that gold be shipped to Frankfurt or Berlin what the U.S. would say.”  Sign-up for my 100% FREE Alerts

Top Russian General: Russia Defends World from Fascism

In a roundtable discussion aired by Russia Today, former member of the Russian Joint Chiefs of Staff Colonel-General Leonid Ivashov asserted that Russia must take over the roll from America of defending the world from Fascism—with the focus of that threat projected by . . . well . . . America.  Sign-up for my 100% FREE Alerts

Eerily reminiscent of a statement made by the head of the U.S. Consulate in Nazi Germany (1938), George S. Messersmith (1883-1960), America is today accused by foreign leaders of the very same political and military atrocities associated with Adolf Hitler and the Nazi Party in Germany more than 70 years ago.

In 1938, Messersmith stated:

The National Socialist regime in Germany is really based on a program of ruthless force, which program has for its aim, first, the enslavement of the German population to a National Socialist social and political program, and then to use the force of these 67 million people for the extension of German political and economic sovereignty over South-Eastern Europe — thus putting it into a position to dominate Europe completely.

With the signing of the NDAA on New Years Day by the U.S. Commander and Chief on top of a multi-year-long barrage of off-the-wall Homeland Security creeping roll out initiatives, politically offensive and oppressive Congressional legislation, bizarre presidential executive orders, FBI warnings of Constitutionalists turned Terrorists, invasions of nations under false pretenses, and now the threat of attack of more Middle east countries, it’s no wonder that a Russian general would come to the conclusion that America just might be that evil threat to the entire world.

Below, the transcript of Russian Colonel-General Leonid Ivashov (retired) on RT provided by MEMRI TV translation, uploaded on

Q: Dr. Leonid, do you think that these preparations and very large maneuvers, which will soon be conducted by Russia, are meant as preparation for war, or rather, a military strike against Iran?

A: These maneuvers and training will demonstrate Russia’s readiness to use military power to defend its national interests, and to bolster its political position.   The maneuvers will show that Russia does not want any military operations to be waged against Iran or Syria.

I assume that the people in the West and in Israel who design the schemes for a large geopolitical operation in the greater Middle East region draw a direct connection between the situation in Syria and in Iran.

Indeed, these two countries are allies, and both are considered guaranteed partners of Russia.  The only question therefore, is who they will try to destroy first a stable country: Syria or Iran.

A strike against Syria or Iran is an indirect strike against Russia and its interests.  Russia would lose important positions and allies in the Arab world.  Therefore, by defending Syria, Russia is defending its own interests.

In addition, Russia is thus defending the entire world from Fascism.  Everyone should acknowledge that Fascism is making strides on the planet.  What they did in Libya is nearly identical to what Hitler and his armies did against Poland and then Russia.  Today, therefore, Russia is defending the entire world from Fascism.

Several new media outlets on the Web suggested that the big news from the RT interview with the retired Russian general was his thoughts on what the Russian intentions would be in the Middle East if the U.S. or Israel attacked Iran or Syria.  The real news here is the public admission that Russia, maybe even a good part of the world, looks at America as the next Third Reich.

Apparently, a retired Russian general has no problem connecting the dots from actions taken by Washington through the years.  But, it appears that 49 percent of Americans cannot seem to connect the dots like an outsider, looking in, can.

According to a The Hill poll, 49 percent of Americans thinks it’s a good idea to attack Iran if the U.S. comes to an impasse with Iran regarding its nuclear energy program.

Would The Hill conduct the same poll, but this time replace Iran with North Korea?  Pakistan?  Both have plenty of nuclear weapons—right now.

Here’s what Winston Churchill said in Parliament in 1938, calling out Prime Minister Chamberlain’s policy of appeasing Hitler:

Many people, no doubt, honestly believe that they are only giving away the interests of Czechoslovakia, whereas I fear we shall find that we have deeply compromised, and perhaps fatally endangered, the safety and even the independence of Great Britain and France…. I foresee and foretell that the policy of submission will carry with it restrictions upon the freedom of speech and debate in Parliament, on public platforms, and discussions in the Press. Emphasis added.

Replace Winston Churchill with Ron Paul, and it’s ‘deja vu all over again.’  In fact, in this case, history doesn’t rhythm, as Mark Twain famously said, history has been outright plagiarized by a group of unimaginative hooligans.

Isn’t that what Vladimir Putin called Washington: a bunch of hooligans?

Vladimir Putin Thinks We’re Hooligans, economist Paul Krugman penned as a title in his blog entry of April 20, 2011.  He goes on to spew more economics voodoo and mythology as a retort to Putin’s comment regarding Fed profligacy.  But Krugman, known for his sophomoric political rhetoric, ends his post in a typical Krugmanism:

What’s really weird, of course, is the large number of U.S. analysts who are taking the side of China and Russia in this business. Why do they hate America?

It may have not occurred to Krugman that there were German citizens who actually hated the Nazi Party in the 1930s.  If he was living in Germany at that time, maybe he could answer his reckless question of today.  Isn’t Krugman aware of the weapon of U.S. dollar hegemony?  Didn’t France’s Charles de Gaulle warn of the potential abuse of a reserve currency held by a single nation?

Though, acting like a fool (or operative in return for Nobel Prize), Krugman’s liberties and childlike behavior must be protected as well.  And there is a man looking out for Krugman, whether the shameless economist likes it, or not.

That man, of course, is Ron Paul, who stunningly trails Mitt Romney in the Republican primaries with a message and warning of the exact same threats confronting Americans, today.

Russia, too, must wonder what’s happened to the American people, but cannot wait for the post-hibernation, begrudgingly taken on the role of resistance to the Fascist threat to the world once championed by America.

It is us today. It will be you tomorrow.

—Haile Selassie I, after the end of the Second Italo-Abyssinian War and the subsequent rise to power of Bunito Mussolini  Sign-up for my 100% FREE Alerts

Bizarre Market Action Explodes Following Super Tuesday

2012 may turn out to be the year that, when it comes to a close, Americans will feel like they were under the influence of some kind of psychedelic drug.

Massive disconnects between the course Washington is taking us and the vote tallies at the polls and in the markets cannot be much more stark.  It appears that a grand set up for a catastrophe lurks ahead. Sign-up for my 100% FREE Alerts

Take for instance the past two data points from the Bureau of Labor Statistics (BLS).  On Friday, the BLS reported 240,000 new jobs were created for the month of January.  For the prior month, the BLS reported 200,000 jobs were created, for a total of 440,000 jobs for the two months.

It suffices to say, government statistics should be taken with a grain of salt, or, as Greenlight Capital’s David Einhorn had said more bluntly last year: government statistics should be viewed as “propaganda.”

But the latest two reporting months by the BLS go much, much further than the usual propaganda.  These figures from the BLS are truly bizarre.

“Actual jobs, not seasonally adjusted, are down 2.9 million over the past two months,” stated TrimTabs CEO Charles Biderman in a video posted on  “It is only after seasonal adjustments—made at the sole discretion of the Bureau of Labor Statistics economists—that 2.9 million fewer jobs gets translated into 446,000 new seasonally adjusted jobs.”

What would happen to the stock market if the BLS fudged a little—as it does from time to time—and reported, say, a drop of only a million jobs in December and another million in January?  Two million jobs lost surely beats nearly three million lost.

Along with Biderman’s analysis comes an old hand at the markets, Richard Russell.

Famed stock market newsletter publisher Richard Russell has seen it all, the Depression, WWII and all the recessions post-WWII.  He’s been writing for as long as some baby boomers have been alive.  Last week, KWN’s Eric King posted highlights of Russell’s most expressive piece he’s penned in quite some time.

“If you listen carefully, you can hear the heart-beat of the market.  It’s a slow, heavy beat, as if the market is waiting for something, stated Russell.  “That something is going to be BIG.  Bigger than what anyone is expecting.

“The sheer size of this still-forming top is scary.  I think this top will be followed by a phenomenon known as the Kondratief bear cycle, a cycle that can endure for as long as 20 years.  The other name for it is the nuclear winter, a rare and dangerous phenomenon that can last for a generation.”

Either the world is fooled by phony U.S. employment data or the Exchange Stability Fund (ESF) is working overtime.  The disconnect between commerce and the stock market is becoming quite exaggerated.

But an index that gives us a clue to how ridiculous the jobs data have become is the Baltic Dry Index (BDI).  The BDI has crashed.

Below, is a graph of the BDI superimposed on the S&P 500.  Except for the divergence between mid-2005 and mid-2006—a period during which new vessels were entering the market to satisfy crazy GDP growths worldwide from central banking induced global housing boom—the two indexes positively correlate rather well.

But, starting in Q2 of 2010, the BDI headed south while the S&P 500 continued to soar off its March 2009 low.  I appears that U.S. stocks have been ‘pumped’ while the world economy disintegrates in the background.  And according to the BDI, the global economic situation is looking as bad as it was in 2009.

Of course, the S&P 500 pump to match grossly inflated employment statistics from the BLS are politically motivated.  Something must give, but the timing of the reset in the financial markets lies in the hands of Washington—for now.

As long as stocks remain elevated, President Obama may become the favorite against a Mitt Romney candidacy.  Biderman alludes to this obvious ploy.

But if the market crashed tomorrow and the U.S. goes to war with Iran the next day, Republic candidate for president Ron Paul would most likely receive a huge boost to his campaign, as Americans wake up to Paul’s message of peace and liberty from the banker cartel.  Washington fears Paul, but also know its shelf life is limited.  Congressman Paul is 76 years old.

Today, those who believe Paul is off the wall with his message of reality would most likely resonate with millions of more Americans who suddenly began to live in the world of reality.  To them, Paul would make much more sense, and Romney would appear to the voter as another foolish warmonger, especially as the reality of a war with Iran doesn’t jibe with the confident posture of the U.S. hawks.  Iran is no Iraq.

According to The Hill, 49 percent of Americans still think the U.S. should use military force against Iran.

In-the-know geopolitical analysts suggest an attack on Iran would kickoff WWIII.  How many Americans would vote for a WWIII candidate to support Israel?  49 percent?  Not likely.

What percentage of those 49 percent know that a war with Iran is really a proxy war with Russia and China?—maybe the same percentage who still believe Iraq is hiding those WMDs, and still believe the U.S. economy is on the mend?

If The Hill rephrased the question and asked if going to war with Russia and China to do Israel’s bidding is consistent with American values, not many would think the idea was a sane one.

But it may be too late.

Historically, a candidate with a sizable lead following the avalanche of presidential primaries on Super Tuesday ends up getting the nomination to take on a sitting president.  Super Tuesday falls on March 6, with 24 states chiming in, representing 41 percent of Republican delegates.

Coincidentally, in March, the fate of Greece hangs in the balance.  That, too, could be a catalyst for another stock market meltdown and the final nail in the coffin of the U.S. economy—though that nail is coming at some point anyway.  It’s the timing of the event that’s suggested here.

In early January, Gerald Celente issued his 2012 Trends Research forecast.  The gist of the report is: The global financial system could “spiral out of control” some time “by the first quarter of 2012.”  Maybe soon after March 6?  Could Celente have nailed this one?  Sign-up for my 100% FREE Alerts

Max Keiser Takes Hit from UK Censorship of Iran

It was Black Friday last week for UK fans of Max Keiser’s On the Edge.  Iranian-based Press TV, the channel which carries On the Edge, lost its license to air programming in the United Kingdom.  Sign-up for my 100% FREE Stock Alerts

The ‘official’ reasons cited by UK government’s Central Office of Information (OIC) include improper jurisdiction in which Press TV holds a license to air in the UK in addition to Press TV’s unpaid ‘ticket’ for an ‘infraction’ OIC claims Press TV made for the broadcaster’s interview with an imprisoned journalist in 2009.

Of course, the timing of the OIC decree against Press TV, as well as the hit piece  which ran soon afterward by UK’s The Register, not only wreaks of a clumsy attempt to spin a highly questionable ban of free speech, it’s an obvious ploy by The Register to spew good ol’ fashion jingoism against the Iranian government.

“Iranian government-backed broadcaster Press TV has finally got its fondest wish and lost its UK broadcast licence,” stated The Register, “but its martyrdom is self-inflicted rather than the result of any government conspiracy.”

Taking into consideration that the OIC is the sixth-largest advertiser in the UK, down from last year’s no.1 slot, The Register has no credibility to close its shameful article with, “So after tonight we’ll have to stick with China Central TV, Russia Today and Fox News for our ideologically-motivated news coverage.” [Emphasis added]

On the other hand, not all is loss in UK media.  In 2007, the UK-based The Guardian London bureau journalist Yvonne Ridley thought Press TV was a splendid idea as a means of keeping some of the radical right wing programming of Fox TV in check.

“I see it as an antidote to Fox TV that will give a different perspective to the coverage that you get from the mainstream media. It’s not shock TV, tabloid TV or propaganda promoting reactionaryism.”

Friday’s article from The Guardian about the ruling of the OIC is much more professional and balanced, and includes a quote from the outspoken George Galloway.

From Friday’s The Guardian:

George Galloway, the former MP for Bethnal Green and Bow, is Press TV’s best-known UK presenter. Galloway has previously been sanctioned by Ofcom for anti-Israeli bias in one of his Press TV shows.

Galloway, who infamously performed as a cat on Celebrity Big Brother, tweeted: “Champions of liberty the British govt have now taken Press TV off Sky. “Follow us at and other platforms.”

Could Press TV have helped prevent more than a million Iraq killings in addition to the thousands of western forces lost if the truth behind the Iraq invasion was made clear to the public in 2003?  How many are unaware of a Zionist plot to expend American and British soldiers via the creation of bogeyman of ‘gooks’, ‘towelheads’ and ‘commies’?

Iranian President Mahmoud Ahmadinejad said the goal of Press TV was to counter “propaganda” by western governments, according to a 2007 The Guardian article. “Knowing the truth is the right of all human beings but the media today is the number one means used by the authorities to keep control,’ the Iranian president said. ‘We scarcely know a media that does its duty correctly. Our media should be a standard bearer of peace and stability.”

While a cleverly disguised feudalism-based United Kingdom spats with theocracy-based Iran, Max Keiser’s superlative programming becomes collateral damage in the fray.  Or, maybe, Keiser was a target of the hit as well—a two-for bonus.

In 2007, Keiser reported that CIA agent Robert Seldon Lady led a team of U.S. operatives who illegally abducted an Egyptian citizen who had been granted asylum on Italian soil, then transported him back to Egypt in a procedure the U.S. called in its usual 1984-style vernacular, extraordinary rendition.

Italian courts later found Lady guilty in absentia for the kidnapping of the Egyptian and ordered the U.S. government to return Lady to serve nine years in an Italian prison.  The U.S. government has refused to extradite Lady.

Moreover, Keiser’s well-delivered, easy-to-understand and entertaining play-by-play accounts of banker fraud and the fascist overthrow in progress of the U.S., UK and European governments don’t play well with a criminal cabal who seek to escape justice when the time for adjudication of the Bush and Obama Administration crimes finally arrives.  In fact, Keiser’s work of exposing the heinous financial crimes of the cabal since he began his show On the Edge in 2009 is no less inspiring to viewers than the yeoman’s work of Alex Jones of, among others.

Though Keiser’s programming is riddled with amusing commentary, the work he does is very serious.

According to the co-author of Reagonomics and former Assistant Secretary of the U.S. Treasury Paul Craig Roberts under President Ronald Reagan, the incremental fascist overthrow of the U.S. (UK and Europe) will end in some form of confrontation, either political or otherwise.

“There is probably more democracy in China than there is in the west. Revolution is the only answer … We are confronted with a curious situation,” Roberts was quoted.  “Throughout the west we think we have democracy, we hold ourselves up high, we demonize China, we talk about the mafia state of Russia, we talk about the Arabs and so on, but where is the democracy here?

“The militarism of the U.S. and Israeli states, and Wall Street and corporate greed, will now run their course. As the pen is censored and its might extinguished, I am signing off.”

The 72-year-old Roberts is now retired, leaving Ron Paul as the only bastion of freedom on the official political front in the U.S.  In the UK, the Leader of the UK Independent Party Nigel Farage serves as the ‘tip of the spear’, politically.

As broadcasters, Keiser and Jones have also picked up the baton in the continuous fight for liberty, doing their part as high-profile icons of the freedom movement, worldwide.  Keiser’s specialty centers on the financial intricacies of the crimes committed, a job he performs quite well.

Max Keiser has taken a hit by the ‘establishment’ in this latest assault on freedom of speech perpetrated by the UK government.  However, UK viewers can still watch Max Keiser and Stacy Herbert at the following Internet addresses:

Max Keiser Channel on

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Escape America? You Bet, Buddy!

Americans have had enough—finally!

With the kickoff of the Patriot Act, TSA expansion plans beyond airports, planned military checkpoints, evidence of FEMA camp readiness, telephone and Internet eavesdropping, many Americans certainly grumbled, hedged, argued and seriously contemplated the extent of the troubling trend emerging in America since the U.S. version of the burning of the Reichstag on Sept. 11, 2001.  Sign-up for my 100% FREE Alerts

As was also the case in Germany in the 1930′s, the early birds of America who were gifted enough to read the tea leaves of a tyrannical takeover in the making were called kooks.  But for those mature enough to understand the cruelty inflicted upon history’s long list of celebrated kooks, from the top, Jesus, down to Nicolaus Copernicus (1473–1543), to today’s Congressman Ron Paul, the rest eventually will see what others already have known or intuitively sensed for some time.

Looking back through the last 10 years, we now know that a relatively tiny few saw 9-11 immediately for what it really was, a false-flag attack, which immediately sparked them into the survival instinct to plan for the myriad of possibilities that these clever and devious minds would do next in a conspiracy to further dupe the majority of dullards in an alleged one-person-one-vote political constituency.

However, after strong evidence of the 9-11 scam slowly permeated American culture, the seed of Uncle Sam ‘gone psycho’ became firmly implanted in America’s consciousness—admitted courageously in the open, or not.

But when the very foundations of the U.S. Constitution have been thrown in the trash, in both spirit and through code, the door of tyranny has swung fully open to anyone who cares to look.

Media and the political parties abuse of Congressman Ron Paul (love him or not; it’s not relevant to the point made) is a very troubling display of the desperation that must be felt by the entrenched suit-and-tie wearing thugs who have been mistakenly referred to as leaders.  Someone or some group has overplayed some cards in the Ron Paul affair.  The lady doth protest too much, methinks.

And the timing of back-to-back coup de grace encore of overt theft of personal property in the MF Global bankruptcy case to match that incredulous historical event in the signing of the National Defense Authorization Act (NDAA), all within weeks of each other, couldn’t be more alarming—not only by the implications these two pose to the very heart of the U.S. Constitution, but by the speed at which a full-frontal invasion of tyrannical government has stormed into American living rooms.

In essence, the message is now quite clear: there has been a ‘suspension’ of property rights and Habeas Corpus in America.  No spin from Washington or the Justice Department can justify any of this, at any level.

Though the auspicious events of the MF Global heist and NDAA may not have been as dramatic as the false-flag spectacle of September 2001, the message is, however, infinitely more clear to a much, much wider and more ‘mainstream’ group of Americans, even clear to those who will always be too ‘proud’ to wear a tin-foil hat to a Ron Paul rally.   Sadly, some feel a sense of shame for being conned.

Now, suddenly, the Internet is trending more articles on the impact the back-to-back shockers have had on Americans as a result of the NDAA and the MF Global bankruptcy swindle.  Americans now feel vulnerable, not from some phantom terrorist organization, but from their own government.  Is this what it must have been felt by many Germans leading up to WWII.

It took a full decade, but the majority of Americans now finally ‘get it.’  The remainder don’t ‘get’ much of anything.

And tyranny is ready to roll some more in America is the widely held expectation, with the most interesting Washington scheme yet to come: how to round up 300 million firearms from freedom-loving Americans, especially in the South.

Watch for how it plays out, with an eye on how the FBI operates, and how it used a group called ‘Anonymous’ to attack Internet sites to bring on talk of Internet censorship, or how the feds escorted a drugged-up foreign national to board a plane with a ‘bomb’ in his underwear to bring in the naked-body scanners, or how the FBI infiltrates provocateurs at #Occupy protests to discredit the protestors as peasant Communist garbage.

What many Americans may not know is that these very same tactics have been deployed against third-world countries by the CIA in an effort to destabilize a country with the goal of affecting regime change and installation of an American puppet strongman.  And those who don’t know how that is all done can merely look at how America has turned into an inverted totalitarian regime in the U.S. in a very short time.  It’s a similar script, with different actors who talk and look like Americans.

Just ask almost anyone from Latin America how the process works.  They can help fill in the details.

In Latin America, it took a couple of decades and a lot of courage, but a couple of men named Hugo Chaves of Venezuela and a less-celebrated political leader Daniel Ortega of Nicaragua rose up and effectively communicated to their constituency and the political leaders of other Latin American countries the misdeeds of the ‘Evil Empire’ in a way reminiscent of the ‘Great Communicator’ U.S. President Ronald Reagan.  The entire region, except for Colombia, threw their support for a real ‘change’.  Though the changes in Venezuela don’t fit well with the American way, the nation did rid itself of American bastards who don’t represent the people.

Within months of a Chavez election, the CIA attempted to overthrow Venezuela’s democratically elected government.  But, in what has been all too common now in the region, the spooks failed.   After approximately 36 hours, which included a botched closing by the CIA of the communications infrastructure of Venezuela in an attempt to hide the overthrow long enough to secure the country with the country’s military, the people swarmed the streets of Caracus demanding Chavez’s safe return.

For more on how the CIA works manipulates foreign nations, see John Perkin’s book, Confessions of an Economic Hit Man.  After reading Perkin’s enlightening tome (incidentally, he was threatened by the spooks, but arranged a brilliant way to stop a plan for his ‘accidental’ death), the connection between how politicians, intelligence agencies and military/law enforcement personnel in America have coordinated a carefully crafted plan to lock-down the U.S. in preparation for a currency crisis in the dollar can be demonstrated as a variation on similar themes carried out throughout Latin America by the CIA.

Poverty and rampant corruption have always been a Latin American mainstay and root to political instability.  But when banana republic characteristics reach developed nations, the outcome is less pretty—especially in America with its Second Amendment right to bear arms.  There, the U.S. Civil War is the only meaningful comparison that can be made easily to what could be in store for America.

Keep in mind, too, a very important but misunderstood concept, not taught in the classroom, nor handed down by family members of the overwhelming majority of Americans who have had no access to, or experience with the so-called elite (gross misnomer) from another time and place.  The concept to maintain social order is simple: As long as the citizenry can enjoy some creature comforts, security and minimal respect, achieved through the fruits of their own labor, or temporarily, through the state, the name of the political system pinned on the state is of no importance.  Call it as you wish.

Some notable economists have noticed that The People’s Republic of China is more capitalistic than the so-called big daddy of capitalism, the U.S.  Crony Capitalism would serve as more accurate monicker for America.  But in China, there’s no pretense of who is in charge.  In America, the facade still insults the ones with brains.

In the case of the U.S., the people still refer to the political system of the 50 states as a democratic republic, but an alien from another planet would be hard pressed to find much proof to fit the accepted nomenclature.

Some folks like to fight and look forward to some violence against authority.  These ‘hardy’ souls may very well get that chance.  For others, however, escape if you can.

How many regretted not exiting Germany following similar signs of insanity?  If you cannot ditch Amerika, good luck and good preparation.  Sign-up for my 100% FREE Alerts