Are you sitting comfortably, boys and girls? Then I’ll begin. Now where to start – China?
This blog is named nourishing obscurity. The reason is because of a quote from Deng Xiao Ping:
According to Deng Xiaoping, in order to eventually overcome, China should adopt the ancient maxim of “hiding brightness and nourishing obscurity,” and Beijing adds, “to bide our time and build up our capabilities” and again – “to yield on small issues with the long term in mind.
China, not to put too fine a point on it, is gearing up to take over from the west but they’re not going to succeed because there is one other factor that no one takes seriously enough – Them and that is both interwoven into and the seeds of global battles to come. This is part two of an unevenly written article from my early blogging days, which I plan to edit and re-post but it gives the idea. China is accumulating and hoarding gold, as everyone can see and the question is why. In fact, they’re quite fixated with gold at this time.
Another thing they are doing is controlling the future price of precious metals in new technologies. They’re doing a lot of other things in the South China Sea and around the world as well, Africa for example, but that’s another post.
An interesting little story deals with what the BIS is doing with gold – stay with this because it affects you directly. Here are some snippets:
# We know that the BIS entered into a gold swap agreement with several commercial banks involving 346 tonnes of gold, worth about $14bn at current prices: that much has been reluctantly revealed in a statement by BIS. However, the BIS [is] holding less than 120 tonnes.
# The BIS does not usually deal with commercial banks, restricting its activities to central banks.
# This transaction, which is dismissed by the BIS as routine [and is hidden right at the back of their annual report], is probably the largest gold swap in history.
# The transaction was initiated by the BIS, not by the commercial banks. Given that the BIS has no direct relationship with the commercial banks, this suggests that the BIS was acting on behalf of one or more unidentified central banks, probably as guarantor. This is contrary to the impression the BIS has given.
# [Either] the central bank would prefer the BIS as counterparty rather than one or more bullion banks for risk purposes [or] the second possibility is the BIS may be acting for the central banking community in trying to suppress the gold price.
# We know also that there has been substantial physical demand for gold bullion and coins from citizens in Euroland and elsewhere, which could easily amount to over 300 tonnes. And we know that the bullion banks are short of gold in large, undeclared quantities on their unallocated accounts with their customers, and that some of the bullion banks are also short of a net 700 tonnes on Comex.
# A crisis has developed out of demand for bullion that threatens to break the bullion banks.
# It was admitted in the FT article that more than 10 commercial banks were involved, confirming the swap was addressing a market-wide, rather than an isolated problem.
# The gold must have been supplied by central banks to the commercial banks under the agreement with the BIS. For these to be described as “investors” is simply misleading.
# The reason we will never get the truth this plainly is that any such admission would be rocket fuel to the gold price, bring on the bankruptcy of the bullion banks, and the concomitant collapse of all paper currencies.
This is why it is important to you. Something unimportant to your daily life – the gold market, where manipulation, out and out fraud and lies are being told – is shaping up to bring down paper money.
If there is such a shortage of gold these days, then who owns it, apart from China?
Let me put the question in a different way – if you were the old families and the oligarchical money and if you were doing your darndest to openly abuse the system, in order to see that system collapse so that a new one might be ushered in, what would be your soundest commercial move at this time, to ride you through the coming storm [or Moriah Avenging Wind, if you like]?
Also, why would you wish to suppress the price at this time? Again, answering a question with a question – which would cause the greater mayhem: controlling the price to allow it to rise gently or to suppress it for as long as possible and then to suddenly release it?
Suppressing the fisking
Naturally, if you’re going around telling porkies about how much gold you don’t have and people are sort of depending on you having some, in order to back up what you claim and to avert a Weimar Republic situation, then you don’t want anyone looking in and reporting on what you’re doing.
In-Q-Tel, the investment arm of the CIA and the wider intelligence community, is putting cash into Visible Technologies, a software firm that specializes in monitoring social media. It’s part of a larger movement within the spy services to get better at using ”open source intelligence” — information that’s publicly available, but often hidden in the flood of TV shows, newspaper articles, blog posts, online videos and radio reports generated every day.
Sort of fills a person with confidence, doesn’t it?
The LBMA suppresses the data
What do you do if the figures don’t add up? Simple, silly – you go opaque of course.
Jim Willey quotes
“The biggest source of demand right now is the U.S. government printing press.”
“No one wants to buy U.S. bonds – OPEC is buying some, the UK is buying tremendous amounts but gee – isn’t that where the owners of the Federal Reserve reside?”
The “guess the connection game”
1.5 trillion missing dollars – many times more treasury bonds than deficits – government dealers Cantor Fitzgerald [office on the top floor of the World Trade Centre] – where did the proceeds go? Simple solution – audit that company’s records in the World Trade Centre.
World Trade Centre
Someone’s telling porkies:
The FEMA report [on 911], thanks to an appendix written by three professors at Worcester Polytechnic Institute, [increased the mystery]. This appendix reported that a piece of steel from WTC 7 had melted so severely that it had gaping holes in it, making it look like a piece of Swiss cheese.
When John Gross, one of the main authors of NIST’s reports, was asked about the molten steel, he said to the questioner: “I challenge your basic premise that there was a pool of molten steel,” adding: “I know of absolutely no . . . eyewitness who has said so.”
That’s interesting because, in addition to Ruvolo and Tully, the eyewitnesses who said so included:
• Leslie Robertson, a member of the engineering firm that designed the Twin Towers.
• Dr. Ronald Burger of the National Center for Environmental Health.
• Dr. Alison Geyh of The Johns Hopkins School of Public Health, who headed up a scientific team that went to the site shortly after 9/11 at the request of the National Institute of Environmental Health Sciences.
• Finally, the fact that “molten steel was also found at WTC 7” was added by Mark Loizeaux, president of Controlled Demolition, Inc., which was involved in the clean-up.
Therefore either they or the NIST were telling porkies. Now which side do you think it might have been?
That’s all we’ve time for today.