“History has shown us that when the government needs to save itself it won’t hesitate to STEAL your money.”
(August 10, 2016)
The following video ‘interview’ of former Congressman Dr. Ron Paul is a scripted presentation that is admittedly a bit stilted. Nevertheless, one needn’t look very far at national and world financial news to conclude the information and analysis are very real. For example, ‘bail in’ documents exist as laws in many Western nations, including Canada and the United States.
This may all appear Cassandra-like at first glance. Yet real economic indicators suggest an imminent economic crisis as central banks increasingly prop up the so-called ‘free markets’ through bond and now even by purchases of corporate debt and stock. At the same time, international events suggest that the US dollar’s days as the preeminent world reserve currency are numbered; on October 1 the Chinese Renminbi will be formally recognized as a foreign exchange reserve by the International Monetary Fund alongside the dollar and euro.
Reports and imagery from the ongoing economic collapse in Venezuela seem remote, yet the economic conditions for such a breakdown in Europe and the US are indeed very real. Of note is a special ‘Emergency Podcast‘ released September 16 by financial analysts Andrew Hoffman and Bix Weir lays out more recent developments in even greater detail.-JFT
Career Politicos Balk at Allegation of Central Bankers’ Market Shenanigans
By James F. Tracy
The federal government is guilty of numerous fraudulent practices, not the least of which is its collusion with the private Federal Reserve over the past century to devalue the US currency and rob people of their buying power while creating an almost endless state of war, thereby further allowing the central bank to undermine the host government’s resources and constituencies.
Could it be there’s finally one candidate from the Demopublican monolith that really does “get it”? Based on rhetoric alone this election season (and in the unfortunate absence of a Ron Paul candidacy) there are stark differences between the two major candidates, particularly in terms of pointing to the ongoing economic fraud briefly described above.
Every day, there are a whopping 5,500 tonnes ($212 billion) of gold traded in London, making it the largest wholesale and over-the-counter (OTC) market for gold in the world.
To put that in perspective, more gold is traded in London each day than what is stored at Fort Knox (4,176 tonnes). On a higher volume day, amounts closer to total U.S. gold reserves (8,133.5 tonnes) can change hands.
How is this possible?
The infographic below tells the story about gold’s foremost trading hub, as well as the paper gold market in London, England: