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Showing posts with label Gold and Silver. Show all posts
Showing posts with label Gold and Silver. Show all posts

Tuesday, March 10, 2015

The Hidden History of the Incredibly Evil Khazarian Mafia

Posted by Preston James, Ph.D on March 8, 2015 

The curtain is now being pulled back to fully expose the Khazarian Mafia and it's evil plan to infiltrate, tyrannize the whole World and eradicate all Abrahamic Religions and allow only their Babylonian Talmudism also known as Luciferianism, Satanism or ancient Baal worship.
by Preston James and Mike Harris

Note: The history of the Khazarians, specifically the Khazarian Mafia (KM), the World’s largest Organized Crime Syndicate that the Khazarian oligarchy morphed into by their deployment of Babylonian Money-Magick, has been nearly completely excised from the history books.

The present day KM knows that it cannot operate or exist without abject secrecy, and therefore has spent a lot of money having its history excised from the history books in order to prevent citizens of the World from learning about its “Evil beyond imagination”, that empowers this World’s largest Organized Crime Cabal. The authors of this article have done their best to resurrect this lost, secret history of the Khazarians and their large International Organized Crime Syndicate, best referred to as the Khazarian Mafia (KM) and make this history available to the World via the Internet, which is the new Gutenberg Press.

It has been exceedingly difficult to reconstruct this hidden secret history of the KM, so please excuse any minor inaccuracies or errors which are unintentional and are due to the difficulty in digging out the true history of Khazaria and its mafia. We have done the best we can to reconstruct it.

It was Mike Harris that connected the dots and made the actual discovery of the presence of the Khazarian Mafia’s secret history and blood oath to take revenge on Russia for helping Americans win the Revolutionary War and the Civil War, and their blood oath of revenge against America and Americans for winning these wars and sustaining the Union.

At the Syrian Conference on Combating Terrorism and Religious Extremism December 1, 2014 — in his Keynote address, Veterans Today Senior Editor and Director Gordon Duff disclosed publicly for the first time ever that World Terrorism is actually due to a large International Organized Crime Syndicate associated with Israel. This disclosure sent shock-waves at the Conference and almost instantly around the world, as almost every world leader received reports of Gordon Duff’s historical disclosure that same day, some within minutes. And the shockwaves from his historic speech in Damascus continue to reverberate around the world even to this very day.

We now know that the KM is waging a secret war against America and Americans by the use of false-flag Gladio-style terrorism, and via the illegal and Unconstitutional Federal Reserve System, the IRS, the FBI, FEMA, Homeland Security and the TSA. We know for certain that the KM was responsible for deploying an inside-job, Gladio-style false-flag attack on America on 9-11-01, as well as the Murrah Building Bombing on April 19, 1995.


The Hidden History of the Incredibly Evil Khazarian Mafia

 100-800 AD – an incredibly Evil Society Emerges in Khazaria:

Khazarians develop into a nation ruled by an evil king, who had ancient Babylonian black arts, occult oligarchs serving as his court. During this time, Khazarians become known to surrounding countries as thieves, murderers, road bandits, and for assuming the identities of those travelers they murdered as a normal occupational practice and way of life.

800 AD – The Ultimatum is delivered by Russia and other surrounding nations:

The leaders of the surrounding nations, especially Russia, have had so many years of complaints by their citizens that, as a group, they deliver an ultimatum to the Khazarian king. They send a communique to the Khazarian king that he must choose one of the three Abrahamic religions for his people, and make it his official state religion and require all Khazarian citizens to practice it, and socialize all Khazarian children to practice that faith.

The Khazarian king was given a choice between Islam, Christianity and Judaism. The Khazarian king chose Judaism, and promised to stay within the requirements laid out by the surrounding confederacy of nations led by the Russian czar. Despite his agreement and promise, the Khazarian king and his inner circle of oligarchs kept practicing ancient Babylonian black-magic, also known as Secret Satanism. This Secret Satanism involved occult ceremonies featuring child sacrifice, after “bleeding them out”, drinking their blood and eating their hearts.

The deep dark secret of the occult ceremonies was that they were all based on ancient Baal Worship, also known as worship of the Owl. In order to fool the confederacy of nations led by Russia that were watching Khazaria, the Khazarian king melded these Luciferian black-magick practices with Judaism and created a secret Satanic-hybrid religion, known as Babylonian Talmudism. 

This was made the national religion of Khazaria, and nurtured the same evil that Khazaria was known for before.

Sadly, the Khazarians continued their evil ways, robbing and murdering those from surrounding countries who traveled through Khazaria. Khazarian robbers often attempted to assume their identities after they murdered these visitors, and became masters of disguises and false identities — a practice they have continued even to this very day, along with their child-sacrifice occult ceremonies, which are actually ancient Baal Worship.

1,200 AD – Russia and the surrounding nations have had enough and take action:

About 1,200 AD, the Russians led a group of nations surrounding Khazaria and invaded it, in order to stop the Khazarian crimes against their people, which included kidnapping of their young children and infants for their blood sacrifice ceremonies to Baal. The Khazarian king and his inner court of criminals and murderers came to be known as the Khazarian Mafia (KM) by neighboring countries.

The Khazarian leaders had a well-developed spy network through which they obtained prior warning and escaped from Khazaria to European nations to the west, taking their vast fortune with them in gold and silver. They laid low and regrouped, while assuming new identities. In secret, they continued their Satanic child blood and sacrifice rituals, and trusted Baal to give them the whole world and all its riches, as they claimed he had promised them, as long as they kept bleeding out and sacrificing children and infants for him.

The Khazarian king and his court Mafia plotted eternal revenge against the Russians and the surrounding nations that invaded Khazaria and drove them from power.

The Khazarian Mafia invades England after being expelled for hundreds of years:

To accomplish their invasion, they hired Oliver Cromwell to murder King Charles 1, and make England safe for banking again. This began the English Civil Wars which raged for nearly a decade, resulting in regicide of the royal family and hundreds of the genuine English nobility. This is how the City of London was set up as the banking capital of Europe and launched the beginning of the British Empire.


From David Icke’s website www.davidicke.com. David Icke was the first ever to courageously expose the Rothschilds publicly in front of hundreds. This of course makes him an international hero and we need more with his kind of courage to break open the coverup hiding the Khazarian Mafia and bring an end to their worldwide illegitimate power.

The Khazarian Mafia (KM) decides to infiltrate and hijack all World Banking using Babylonian Black-Magick, also known as Babylonian Money-Magick or the secret art of making money from nothing also using the power of pernicious usury to accumulate interest:

Sunday, March 8, 2015

▶ Fiat money inflation in France (1789) - Part 2: John Law - Video

embedded captions can be removed/added with tiny "cc" at bottom.



 PART I for a preliminary historical perspective can be viewed here

Uploaded on Jun 15, 2011
Max Keiser, of maxkeiser.com, James Turk, Director of The GoldMoney Foundation and Pierre Jovanovic, jovanovic.com, tell the story of the introduction of Fiat Money to France.

In this episode we look at the use of Fiat Money during the French Revolution and how monetary mismanagement made an already delicate situation even worse, destroying the nation's economy and encouraging political radicalism.

We start with the debates over the issuance of paper money, explaining that the previous experience of John Law made French statesmen like Necker very cautious about fiat currency. The debates over the first issue of assignats were hard fought and lasted a long time, with the first issue of assignats approved by just a handful of votes and with all manner of guarantees to insure that it was "backed" by land and other forms of collateral.

The first issue of assignats had some very positive short term effects, stimulating commerce as paper wealth spread. However, the government took only a few months to spend the money raised and very soon cries were raised for more. This time a new issue was approved by a large majority. We look at how this paper money inflation started to drive prices higher, encouraging the creation of more paper in increasing amounts as the government and its clients became addicted to newly-created money. Rising prices were blamed on all manner of scapegoats in order to divert attention from the real cause: money printing.

As the situation worsened, the worst rose to the top, with Clavière becoming Minister of Finance with the promise to increase printing. Gresham's law started to act in full force, driving good money out of circulation with such force that silver, gold and even copper disappeared from the market. Attempts to put ceilings on prices through the "Law of the Maximum" and to prop up the value of assignats failed, and only succeeded in criminalising most commerce with increasingly harsh penalties -- eventually including death -- for those that sold above established prices or refused to accept payment in worthless government paper. Even the guillotine was not enough backing to ensure the assignat's survival.

Eventually food riots brought down the revolutionary government, and after several interim reactionary governments culminated with Napoleon's military rule. Napoleon brought back the gold standard, which survived until the first World War.


Tuesday, March 3, 2015

DOJ, CFTC have Begun Investigation of 10 Major Banks for Rigging Metals Fixing

Need a job? Drop gold investigation
   
Late last week, The Wall Street Journal reported that the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission (CFTC) had begun investigations of 10 major banks over the process of setting prices for gold, silver, platinum and palladium in the London market.

Look for the end result to pretty much
be a cover-up of the suppression of
gold and silver prices. – Pat Heller
The banks under scrutiny are Bank of Nova Scotia, Barclays PLC, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc., JPMorgan Chase & Co., Societe Generale SA, Standard Bank Group Ltd., and UBS AG. After this announcement, the Swiss competition commission, WEKO, said it was looking into possible manipulation by Swiss banks in the precious metals markets.

As reported in the Journal, the Department of Justice is looking into criminal activity, while the CFTC has opened a civil investigation.

Many researchers have written about the extensive history of central banks manipulating gold prices over the decades.  In the United States, for instance, declassified government documents released so far have all confirmed that the federal government has conspired with other governments and major banks to manipulate gold prices right from the 1930s up into the 1980s.

Historically, many government monetary systems were valued in relation to gold, so it should not surprise anyone that governments would try to influence the relative prices.  In the United States, for instance, the Treasury Department’s Exchange Stabilization Fund (ESF) was established as a provision of the January 31, 1934 Gold Reserve Act.  The ESF was explicitly authorized to use its funds to stabilize the exchange value of the dollar versus gold.  Changes over the years have never revoked the authority to manipulate gold prices.  In fact, a law enacted in 1970 directed the Secretary of the Treasury, with the approval of the President, to “deal in gold, foreign exchange, and other instruments of credit and securities.”

These new investigations follow similar reviews in Europe. Last year, the British government fined Barclays Bank more than $40 million for one incident of gold price manipulation.  Also, the Swiss regulator, FINMA, said it found “serious misconduct” among precious metals traders at UBS involving a silver-fix order of one client.

If you think that the researchers and writers claiming that central banks and major private banks were manipulating the precious metals markets by suppressing prices are finally going to be proven right, think again.

I am confident that the end result of the U.S. government investigations will be, after several years in the works, some fines collected from many of these banks for specific individual incidents. Further, there will be promises that whatever wrongdoing they had done will no longer occur.  And that will be all that happens.

Why do I think this is what will be the end result of such a bombshell development? The answer is simple. Ask yourself why the DOJ and CFTC are investigating trading in the London markets but not in the New York COMEX markets. While it is true that the London market handles more volume of precious metals trading than the COMEX, the U.S. markets are more relevant to Americans.

Also ask yourself why the investigations involve eight foreign owned banks and only two U.S. companies. The foreign banks would only be within the purview of American regulators if their actions in the London markets were perpetrated from the U.S.-based offices. Why aren’t other U.S. banks being investigated?

The reason these investigations will be pretty much whitewashed is that the Department of Justice is unwilling to go after Wall Street. New York Federal Reserve Bank president William C. Dudley (who worked at Goldman Sachs 1986-2007 as the chief U.S. economist, a partner, and as a managing director) confirmed not that long ago that the DOJ has no ongoing investigations of Wall Street firms. The DOJ is not conducting such investigations despite former Federal Reserve chair Alan Greenspan’s public claim that there were massive illegal and criminal frauds committed by Wall Street firms.

The DOJ consistently stated that it will not prosecute these large institutions because the risk of damage to the economy, as they were told by outside experts.  However, could this DOJ policy could have more to do with the revolving doors where the DOJ and CFTC investigators largely have worked for the above named banks or hope to do so when the leave government employment?
After all, U.S. Attorney General Eric Holder announced two years ago that no investigation of UBS’s fixing of LIBOR interest rates would be done. Holder claimed in a news conference that the lack of prosecution was based on a decision of how such an investigation would impact global financial markets. But, was the real reason that UBS was a client of the law firm where Holder worked before his current job?
Want to add some luck to your 
collection or your pocket?

In a previous decision not to investigate HSBC, a Congressional panel asked for the identity of outside parties who advised the DOJ to drop the investigation for global financial stability reasons.  Eventually, Justice officials had to admit that they did not consult any outside parties before canceling the HSBC review.

In sum, I expect the public to be lulled into thinking that the U.S. government is really finding and reporting the truth about the manipulation of precious metals prices. However, once you realize that the DOJ and CFTC are investigating the wrong market (London instead of the New York COMEX), not all of the appropriate American-based banks that should be investigated are being pursued because the government agencies have a “policy” to avoid investigations of firms where they used to work or hope to later be employed. Don’t expect any definitive revelations about the depth and breadth of the manipulation of precious metals trading in America.

Instead, look for the end result to pretty much be a cover-up of the suppression of gold and silver prices.




Saturday, February 14, 2015

Bitcoin: What It Is, Why It Matters - and What the Critics Say - Mises.org

February 14, 2015

Thomas E. Woods | Thomas E. Woods a senior fellow of the Ludwig von Mises Institute, is the creator of Tom Woods's Liberty Classroom and author of eleven books, including the New York Times bestsellers Meltdown and The Politically Incorrect Guide to American History and other titles.



via libertycrier

Will Uncle Sam get your IRA?

Posted on February 13, 2015 by Pat Heller

I have written a number of times that I expect the U.S. government will eventually take or somehow get control of all assets in private retirement accounts, including precious metals individual retirement accounts. The basic reason for this expectation is that the U.S. government is running up tens of trillions of dollars of debts and unfunded liabilities. The trillions of dollars of private retirement account assets are just too big a target for the politicians and bureaucrats to leave alone.
Will Uncle Sam get your IRA?
Will Uncle Sam get your IRA?

An early attempt by the government to take control of such assets came soon after President Clinton took office. As now structured, income taxes are not paid on most retirement accounts until the assets are withdrawn. This event to collect income taxes usually occurs years down the road.

In the early 1990s, that concept was turned around. The proposal was to impose a 15 percent tax on all existing private retirement accounts, then tax new contributions also at the 15 percent rate.  The payoff for taxpayers was that any future withdrawals would be tax free.

A new plan was presented to the House Committee on Education and Labor in hearings on Oct. 7, 2008, by Professor Teresa Ghilarducci. This proposal was for the U.S. government to seize all private retirement assets and replace them with Guaranteed Retirement Accounts (GRAs) managed by the Social Security Administration. The only assets that would be allowed into these new Accounts would be U.S. Treasury bonds paying 3 percent interest (indexed for subsequent Consumer Price Index changes).

Further, the plan called for 5 percent of payrolls to be withheld, on top of existing Social Security and Medicare tax withholdings, for deposit into these GRAs.  The last feature of this proposal is that upon the death of the account holder, part of the remaining assets would be forfeited to the U.S. government. That was a huge change where all private retirement account assets, up to now, go to the heirs.

The one bonus to bribe Americans to go along with the nationalization of private retirement accounts was that the assets would be converted to government bonds as of their value at a designated earlier date when most paper assets such as stocks, bonds and currencies were mostly at a higher value than they were in October 2008. Given the opportunity to recoup some of the losses that retirement accounts had suffered in 2007 and 2008, this was a definite enticement.

In September 2010, the Departments of Labor and Treasury held joint hearings to advocate that, upon retirement, the assets in private retirement accounts would be converted into annuities, where the residual assets upon death would ultimately all be retained by the U.S. government.

In January 2014, during his State of the Union address, President Obama proposed the establishment of the MyRA. This is initially a voluntary program for lower-income Americans to set aside some after-tax dollars to earn income that can later be withdrawn tax-free. However, there are several limitations. First, these accounts can only own U.S. Treasury debt that pays the same interest rate as the Thrift Savings Plan’s Government Securities Investment Fund. This fund was paying less than 2 percent at the time of the President’s proposal. A second major limitation is that accounts could not exceed $15,000 in total value. Further, these accounts cannot exist longer than 30 years.

Starting two months ago, a small number of these MyRA accounts have been established.
 
Investment writer Doug Fabian has described an all-too-plausible scenario that he expects to happen before the end of President Obama’s term. He anticipates that there will be some major financial crisis in the United States, greater than the Great Recession of last decade, where investors will see the values of their stocks, bonds and other assets mostly plummet.

This could be triggered by any number of incidents. As some examples, Greece could leave the European Monetary Union, which would force many major American and foreign banks to write down tens of billions of dollars of bonds that they are now carrying at face value.  The developing fall in demand for upper-end U.S. housing could expand to all housing nationwide, leaving U.S. banks with massive bad debts that risk their survival. Or local, school district, regional, and state governments all across America could be forced into bankruptcy after the Governmental Accounting Standards Board issues their pronouncements in June requiring these entities to more fully report the extent of their tens of trillions of dollars of unfunded liabilities for employee pensions and retiree health care benefits. There are many other possible crises, but this gives you an idea of how massive a financial crisis could occur.

At the time when such a financial crisis hits, private retirement account assets will almost all drop in value – by a lot.  If, or when, this occurs, there will be a huge groundswell from people who no longer have enough wealth to retire. Mr. Fabian theorizes that this will be the perfect time for the federal government to modify MyRA accounts to accept unlimited asset transfers from existing private retirement accounts. By the federal government offering people the opportunity to get credit for the value of their assets before the financial crisis was triggered, Fabian expects that a high percentage of Americans would voluntarily be eager to turn their retirement assets into loans to the U.S. Treasury.

Such a scenario would be a power-grabbing politician’s dream. Instead of being thought of as a President who stole people’s retirement assets, the person in charge in such circumstances were be hailed as a savior. Unfortunately, I think the risk of such events coming to pass by the end of 2016 are high enough that Americans need to prepare their finances sooner rather than later.

Should any huge financial crisis come to pass, expect to see a surge in demand for precious metals, especially gold and silver. Other portable tangible assets such as rare coins and paper money will also likely experience stronger demand.  However, the increased demand for such assets will not be for placement in retirement accounts.  Instead, look for the surge in demand to be for assets that can be owned and possessed directly.

Patrick A. Heller was the American Numismatic Association 2012 Harry Forman Numismatic Dealer of the Year Award winner. He is the owner emeritus and communications officer of Liberty Coin Service in Lansing, Mich., and writes “Liberty’s Outlook,” a monthly newsletter on rare coins and precious metals subjects. Past newsletter issues can be viewed at http://www.libertycoinservice.com. Other commentaries are available at Coin Week (http://www.coinweek.com and http://www.coininfo.com). He also writes a bi-monthly column on collectibles for “The Greater Lansing Business Monthly” (http://www.lansingbusinessmonthly.com/articles/department-columns). His Numismatic Literary Guild award-winning radio show “Things You ‘Know’ That Just Aren’t So, And Important News You Need To Know” can be heard at 8:45 a.m. Wednesday and Friday mornings on 1320-AM WILS in Lansing (which streams live and becomes part of the audio and text archives posted at http://www.1320wils.com).  

via numismaticnews

Wednesday, January 21, 2015

Let's Secede from the American Monetary Union

January 21, 2015 Ryan McMaken

The Swiss central bank’s recent move to de-peg the Swiss franc from the euro reminds us of the importance of choice in currency. 

By pegging the Swiss franc to the euro, the Swiss central bank was in effect subsidizing the euro by refusing to compete with it. If carried into the long term, this would have meant a de facto monetary union between the euro and the franc. Fortunately for most people however, the Swiss central bank maintained its legal independence from the euro and the peg was eventually ended, thus freeing the holders of Swiss francs from the new round of money-supply inflation that is expected from the European Central Bank.

Those who have their savings in euros are not so lucky. Those in the Eurozone who work hard to save and invest will have the value of their euros reduced to further subsidize and bail out politically-connected investors who have financed southern European governments. All the while, the government of the European Union will enrich itself and its friends through the money-creation mechanism. Such are the expected results of the expansion of government’s money monopoly in the Eurozone.

The Government’s Money Monopoly

The European monetary experiment illustrates anew for us how a monetary monopoly is an indispensable component of an effort to achieve political unity and more powerful government. As Philipp Bagus has noted, the currency known as the euro is just as much a political instrument as it is an economic one. It greatly enhances the monopoly power enjoyed by the nascent state known as the European Union without having to first achieve true de jure political union. The central bankers of a unified Europe are far more powerful than the central bankers of any one European state could ever hope to be.

Although much further down the road in this respect, the United States is subject to a monetary union similar in many ways to that of the European Union. In the eighteenth century, state currencies were abolished with the victory of the new American Constitution in 1788, and the First Bank of the United States was created shortly thereafter. At that point, the central government’s control of the money supply was far from complete, however. A true functioning monopoly over the money supply did not arrive until the twentieth century with the Federal Reserve System, which through its regulatory power was able to impose a de facto money monopoly on the United States.

Today, it is nearly impossible to conduct business in the United States without using US dollars, and the federal government, which tightly regulates the financial system, greatly discourages to the point of utter impracticality the use of privately-produced or foreign currency for daily business in the US.

Why Currency Competition Is Important

From a central planner’s perspective, the ideal monetary situation is a single global currency controlled by a single central bank. With only one currency, a government could inflate at will without threat from any competing currency save a black market trade in commodity monies, which would of course be outlawed. In other words, the less competition a central bank has from other currencies, the better.

Toward the other end of this spectrum is a global economy with at least dozens of competing currencies. Some currencies would be more stable and respectable than others, but all would be at least somewhat restrained by the knowledge that every currency, if devalued too much, will at some point be abandoned in favor of a more reliable and stable currency.

Thus, if one wishes to restrict the power of states, and to enhance personal and economic freedom, one of the most meaningful first steps must be to oppose state control over the money supply, and failing that, to weaken the state’s monopoly through competition and secession.

Baby Steps Toward Currency Freedom

Interestingly, in spite of a century of a totally centralized money supply, and a constitutional prohibition on state-issued currency, some American states still imagine themselves as having a role in the monetary system. In the wake of the 2008 financial crisis, for example, lawmakers from thirteen states suggested their home states take advantage of a loophole in the Constitution (of sorts) and make gold and silver coins legal tender in their states as a hedge against economic disaster. Utah went slightly further:
Utah became the first state to introduce its own alternative currency when Governor Gary Herbert signed a bill into law [in 2011] that recognized gold and silver coins issued by the U.S. Mint as an acceptable form of payment. Under the law, the coins — which include American Gold and Silver Eagles — are treated the same as U.S. dollars for tax purposes, eliminating capital gains taxes.

Since the face value of some U.S.-minted gold and silver coins — like the one-ounce, $50 American Gold Eagle coin — is so much less than the metal value ... the new law allows the coins to be exchanged at their market value, based on weight and fineness.
Finish reading @Mises.org

Tuesday, January 13, 2015

555 Trillion Reasons Why Central Banks Won't Let Rates Normalize



 
Submitted by Phoenix Capital Research on 01/13/2015

The biggest question for most investors today is that whether or not rates will rise in 2015.

This question is focusing on the wrong issue: the economy. It should be focusing on the REAL issue: the bond bubble.

The Fed may raise rates a token amount this year, but the move will be largely symbolic. With over $100 trillion in bonds and over $555 TRILLION in interest rate derivatives trading based on interest rates, the Fed will not be normalizing rates at any point in the future.

Indeed, former Fed Chairman Ben Bernanke admitted this in private during a closed-door luncheon with several hedge funds last year. Bernanke’s exact words were that rates would not normalize anytime during his “lifetime.”

So the Fed may raise rates from 0.25% to say 0.3% or possibly even 0.5%. But we won’t be entering a hawkish period for the Fed by any means.

The reason is very simple… any normalization of rates would implode the bond market.

The fact is that much of the globe, particularly the developed west, is up to its eyeballs in debt. Mind, you, this is based solely on official public debt numbers.  If you include unfunded liabilities, then the US, most of Europe, Japan, and even China are sporting Debt to GDP ratios well over 300%.

In the US, a 1% increase in interest rates means over $100 billion more in interest rate payments. The US is already running a deficit (meaning that it spends more than it takes in via taxes) and has been for most of the last 20 years.

Of course, the deficit could become larger to service the increase in interest payments, but with the US already having to resort to issuing NEW debt to cover OLD debt that is coming due, this is a slippery slope. The US issued over $1 trillion in new debt in an 8-week period for precisely this purpose.

The reality is as follows:

1)   Bonds are the biggest bubble in history, dwarfing even the real estate bubble of the mid-2000s.

2)   This bubble also encompasses the bubble in Central bank policy. Every single Central Bank policy is focused on maintaining the bond bubble and the TBTF banks with the greatest derivative exposure to it.

3)   When the bond bubble bursts, entire nations will fail, as will the Central Banks themselves. Draghi, Yellen, Kuroda et al will do everything in their power NOT to allow the system that has put them at the top of the economic food-chain to collapse no matter what the costs for ordinary citizens.

4)   Rates will only rise significantly ONCE the bond bubble bursts. There may be symbolic raises here and there, but with over $555 trillion in derivatives based on interest rates floating in the system globally, you can bet there will NEVER be a shock and awe interest rate raise.

5)   This bubble, like all bubbles, will eventually burst no matter what the Central Banks do. When it does, everything about modern finance will prove misguided and based solely on the belief that Central Banks can control the system.

If you’ve yet to take action to prepare for the second round of the financial crisis, we offer a FREE investment report Financial Crisis "Round Two" Survival Guide that outlines easy, simple to follow strategies you can use to not only protect your portfolio from a market downturn, but actually produce profits.

You can pick up a FREE copy at:

Best Regards
Phoenix Capital Research

Source ZeroHedge

Thursday, January 1, 2015

Death Penalty for Debasing Currency: US Coinage Act of 1792

Don't kid yourself that it couldn't happen again in this century. The serfs are waking up, and they're MAD as Hell and won't take it anymore. If bankers' heads and those of their government defenders begin appearing on the ends of pikes, you'll know why!

As most of you know much of our current law was based on English case law. Hence, this was the Royal Mint's disposition of counterfeiters and forgers. The methods employed for carrying out the death penalty are appropriate even today.:


SOLOMON IDSWELL, Deception > forgery, 20th May 1795.


Reference Number: t17950520-26
Offence: Deception & forgery
Verdict: Guilty
Punishment: Death





Our preferred method of punishment would be by "dissected and anatomised". Rehabilitation is not up for reconsideration. That's already been shown to be a failed remedy.Plate IV: The Reward of Cruelty by William Hogarth




Section 19 of coinage act of 1792: death penalty for debasing currency

And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of the fine gold or fine silver therein contained, or shall be of less weight or value than the same out to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offenses, shall be deemed guilty of felony, and shall suffer death. section 19 of coinage act of 1792


The Federal Reserve debased our currency. Take a look at your coinage. See any gold or silver there?

The founders of this nation knew that banks left to themselves, would substitute cheap metal tokens for real money. They had seen it happen in England, and they saw the results; massive unemployment and poverty for the people.

So the Founders created a monetary system based on government-issued currency of fixed real value, for the use of the people without interest. And the United States flourished.

Then the bankers wormed their way back into the system, bought the Congress and a President, replaced the government issued public currency with currency borrowed from their banks at interest... and debased the gold and silver coinage.

By that last act, every member of the Federal Reserve system (and their enablers in Congress and the Treasury) is in violation of Section 19 of the coinage act of 1792.

Source:  section 19 of coinage act of 1792: death penalty for debasing currency