Chavez nationalizes Venezuela’s gold industry, recalls hundreds of tonnes of gold held abroad, may cause a scramble for physical gold from JP Morgan and others:
Venezuela Demands its Gold be Repatriated
Calls for Germany to repatriate its 1,536 tons of gold reserves held at the NY Fed are intensifying as Der Spiegel reports the Federal Reserve has refused to allow German inspectors to even view the country’s massive gold reserves “in the interest of security and of the control process“:
Bundesbank Demands its Gold be Repatriated
Ecuador, with its 26.3 tonnes of gold, may be small in the grand scheme of things, but all it takes is for few more banks to join the bandwagon demanding delivery in kind and the myth of over-collateralized hard money by central banks will promptly come to an abrupt, bitter and, likely, quite violent end:
Ecuador Demands its Gold be Repatriated
There is only one reason governments would ramp up efforts to accumulate and bring their gold home: because those in power know the global fiat currency system is on its last legs.
A Colossal Burden of Fraud Coming Home to Roost-
Naomi Klein’s ‘The Shock Doctrine – The Rise of Disaster Capitalism’ emphasizes precisely what is now happening to the crumbling edifice before our very eyes. These thirsty corporate bottom-liners, Piranha actually, feed off of disaster, crisis and chaos. If the crisis is not from natural means, it is contrived when the thirsty ego needs a gulp.
Today’s edifice of financial debauchery, was incubated in the throes of a bankster manufactured panic, the resulting 1913 artifice of ‘Fractional Reserve Banking’ is when debt became money, hence a commodity, which value is then manipulated and speculated upon as it is bundled, bought and sold by Wall-Street Casinos. The bankster’s wealth is equivalent to the borrower’s debt; whose burden is multiplied by usury. Contrived cycles of inflation-deflation – the adding and subtracting of value to fiat paper – exponentially exacerbates that burden upon the borrower, until the borrower’s entire material being is that as a harness, for he has become as a mule in that harness and a debt-slave to the magicians of wealth creation.
On a globalized, electronic scale, in which “money” (value added digits) is traded as a commodity is a very different story in which the conglomerates as well as the individual are harnessed by a system of perpetual debt money to the private banking sector; in other words, one half of the community lives off the toil of the other half simply for the privilege of creating, supplying and handling its “money”.
Through exotic, algorithmic, scamming mechanisms – automatic lightening trades initiated by rigged software where the house always comes out on top – client investment accounts are swindled through cycles of fattening and thinning; when ripe, are offered up for slaughter through monolithic edifices such as Enron – Keating Savings and Loan – BCCI, to name a few, the merry band of thieves have consistently looted the public’s life savings and retirement accounts. Following a brief cycle of Main Stream Media driven frenzy, after its feigned public indignation wanes, the cycle of fraud begins fattening up the next slaughter-fest. Unfortunately, the prize of each cycle grows exponentially more massive in proportion to those seeking to quench their insatiably gluttonous appetites as they devour the entire planet in the process.
The Magicians of Debauchery Can’t Hide Forever-
They begin to smell a rat! The above echo of leaders seeking repatriation of their gold bullion is only the beginning of the massive exodus to come. As this bid of no confidence slowly amplifies, prying open a view into the system of Fractional Reserve Fraud, it will trigger a seismic resonance throughout the criminal infestation, we’ll begin to witness the convulsing of its wretched carcass as it’s dragged out into the light of day, and like that of a gorged vampire’s spasmodic exposure to the disinfecting rays, begins to wither into a vile heap of dust, it will not be a pretty sight. But after the dust has settled, our lungs will only begin to fill with fresh air, if we are careful not to become ensnared by a solution offered up by the same denizens of the night; a solution ready-made for the offering; a solution more odious than the present – See: A Perfect Reichstag Moment for Implementing a World Currency and Debt Noose
The mysterious, massive, out of season hurricane Sandy, makes an unprecedented hook to the left, while conveniently destroying an important paper-trail of fraud, housed within the Depository Trust & Clearing Corp building on Water Street. The DTCC provides “custody and asset servicing” for more than 3.6 million securities worth an estimated $36.5 trillion:
Stock Certificates Feared Damaged by Hurricane Sandy
Major Banks, Governmental Officials and Their Comrade Capitalists are now Targets of:
Spire Law Group, LLP’s Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion to the United States Treasury
Elizabeth Warren to Turn up Heat, While Continuing to Snap at Their Heels:
Warren is expected to seek one of the open positions on the very powerful Senate Banking Committee. As a Senator, she pledged that she would continue to take on Wall Street. There may be a lot of bankers this week wishing Elizabeth Warren had been appointed director of the Consumer Financial Protection Bureau after all.
Ms. Warren’s defeat Tuesday of Republican Sen. Scott Brown of Massachusetts could make life far more uncomfortable for big banks than a role at the helm of the fledgling consumer agency, her brainchild.
Ms. Warren embraced policies during her campaign that make big-bank officials cringe, including reinstating Glass-Steagall, the Depression-era law that separated commercial and investment banks.