Dizzying New Heights of Global Criminal Enterprise
by James West: Gold
Promises and Currency Lies
That the United
States government, the U.S Federal Reserve, and a plethora of financial
institutions, are in breach of numerous U.S. laws in regards to
fraud and fiduciary duty to the American people, is held to be self-evident,
by a growing minority of individuals around the world. That this
breach of law and duty has resulted in the deterioration of the
global marketplace, diminished opportunities for workers, and effected
an acute decay in living standards for millions around the world,
is without doubt.
Since the founding
of the houses of Rothschild and Morgan in the 18th and 19th centuries
respectively, banks and bankers have progressively adopted the role
of financiers to governments, who find themselves placed in a position
of obligation to their financiers. Laws and regulations are thus
influenced more by the interests of bankers than by the public interest.
This is the essential conflict that undermines the possibility of
real democracy in our world. Its not a case of who can get the most
votes Ė itís a case of whoís got the most money.
dynasties (and the people with the most money who control them)
have spawned an entire sub-race of human beings who are characterized
by a conviction of their superior intellect, and entitlement to
act outside of the laws of society, reinforced by the governments
who are obliged to aid and abet them as debtors. This has resulted
in a situation whereby the entire global economic engine is in the
control of these very rich and powerful dynasties, who now collude
daily to manipulate markets to their own benefit, and at the expense
of the rest of the worldís citizenry.
platform of this global criminal enterprise is the futures, derivatives,
and debt markets. Far from market efficiency mechanisms, they are
the means by which the entrenched financial dynasties hobble government
and siphon off the earnings of everyone around the world in regularly
engineered financial expansions and contractions. It is the means
by which astronomic virtual profits are generated, and the reason
why banks no longer invest in businesses. Why invest in a business
when you can invest in your own fabricated market, where you control
supply, demand and price?
delivery of anything, without paying for anything, and without doing
anything more than publishing thousands of contracts to purchase
and/or sell vast quantities of commodities far in excess of what
can realistically be produced, delivered or utilized, the inclinations
and trading impulses of the vast majority of traders are dragged
into losses as markets gyrate between up and down, as the puppeteers
operating on behalf of the banking dynasties go long and then short.
Itís a fine tuned fraud on an international scale. And it canít
be identified or detected, because the mechanisms for recognition
and enforcement of regulations are under the control of the banking
dynasties. After all, who is it that these governments are in debt
that media has ever come to exposing this criminal organization
is in the film Inside
Job, by Charles Ferguson. The film does an utterly fantastic
job of baring the collusive relationships among government, bankers,
and economists. But it fails to identify the very root cause, which
are these financial dynasties acting in concert, populating governments
with hand-picked puppets who do their bidding, often naively. Charles
Ferguson does an utterly sublime job of tricking economists into
revealing the conflicts inherent in their various roles. The buffoons
are disrobed and stand naked and ridiculous for the viewer. This
film should be required viewing for all economics students entering
as far as real journalism has been able to penetrate. After the
front-line economists, the wily politician handlers, more finely
attuned to perception, stand behind their offices to avoid public
comment. Thereís only so far up the food chain an investigator like
Mr. Ferguson can go.
Not Just a Cartoon Ambition
we have a globalized machine that efficiently causes all valuable
resources to be extricated prematurely from the earthís crust to
satisfy the insatiable greed of this parasitic top layer of human
society. Through the issuance of thousands of long contracts, the
appearance of robust and perpetual future demand is distributed,
and bankers and miners dutifully get in line to finance and explore
for deposits, many of which will never see production in our lifetimes.
The problem for these otherwise intelligent people is, the closer
you get to the top of the food chain, the farther up the food chain
you are driven to go. Its equal parts greed and addiction. (Greed
is really just the addiction to money and the sense of invincibility
having lots and lots of it gives).
From a macro-time
perspective, we could be perceived to be on the brink of the sixth
mass extinction of species in the last 500 million years. Heretofore
predicated by asteroids and natural climatic shifts, this next one
will be initiated by ourselves, global warming naysayers notwithstanding.
But thatís an unpopular reality, and so, we continue in the default
human mode, and pretend it isnít happening. Weíve got Hummers and
Webers and iPhones and Wiiís to buy, goddammit. Summerís here Ė
lets get drunk!
We are presently
needlessly exhuming every element of any use from the earthís crust
and shaping them into items of ultimate distraction Ė computers,
phones, cars and video games Ė to the point where the business of
information management is the most omnipresent and important component
of any business Ė even those unassociated with the information business.
Our countries are now referred to as "markets" and the
destruction of our natural environment as "our transformation
of the earth". Both are spun as desirable. But demand is absent
outpouring of products stemming from this wholesale pillaging the
earthís crust is only needed to support the fallacious premise of
modern economic theory that promotes perpetual growth. The obvious
outcome of such a mentality is apparently lost on all the bankers
and politicians employed by the global banking dynasties, and of
course, upon their minutiae-obsessed technicians, the economists.
We still donít need more cars, yet the stimulus and quantitative
easing that is in fact the theft of a future generationís equity
has re-invigorated, albeit superficially, demand for cars. We still
donít need more new houses, and while hundreds of thousands of families
around the world are evicted from the homes they thought they owned
but now understand they only rented for an exorbitant sum, the same
monetary deluge has resuscitated, albeit temporarily, construction
and sale of more homes.
at a loss on how to defend themselves from the predation of this
banking system, and the bankersí media machine is so thoroughly
efficient, that the vast majority of citizens question the validity
of the idea that they are being raped repeatedly by their financial
institutions while their arms are pinned by the governments they
elect. Amid such culturally pervasive ignorance, a change in direction
is rendered impossible.
market commentators bleat advice continuously into the wind to buy
gold and silver with increasingly useless U.S. dollars, with limited
effect. Those who began accumulating in the early part of the last
decade smirk at the fools on CNBC who suggest the gold bubble has
But the banking
dynasties, having been inexistence since the late 1800ís, have fine
tuned the relationships among its various apparatus, and now function
so very well as to be nearly invisible. It has among its tool kit
the derivatives market to make the advocates for monetary metals
appear misguided and idiotic. Thus the savage attack on gold and
silver markets last month, with the results that the Wall Street
Journal, New York Times, and CNN are all furiously publishing
stories who feature the human examples of fortunes lost in gold
and silver, albeit temporarily, as their main topics. This amounts
to so much noise, for the well informed, and is thus ignored. Veterans
of the gold and silver trade understand that the more prices rise,
the greater must follow the volatility in these markets because
the perpetrators of the criminal enterprise they expose grow more
motivated to try and derail the rise while capitalizing on the opportunities
they create to cover shorts and fleece the sheep.
on May 5th, CNN published a story with the headline, "Oil leads
commodities price plunge". According to the story;
investors, who had piled into the precious metal for months, scrambled
to sell their holdings, fearing heavy losses. Silver fell 12.9
per cent on Thursday to below $35, bringing its losses in the
past week to 31 per cent."
The story implies
that losses were incurred by small investors who bought at the high
and sold at the low. The effect of publishing such a biased statement
(did the author quote or even speak to any "small investors"?
Of course not.) is to sow fear into the hearts of small investors
to induce them to sell. Curiously, that story has since been moved
from CNNís web site. Note there has never been a story by CNN that
features the 300% gains investors who bought precious metals in
the first part of the last decade might have won.
mantra of "globalization" is specifically designed and
distributed through the mainstream media to establish the expectation
by the residents of main street for a single global government.
The bankrupting of governments in conjunction with the destruction
of the U.S. dollar are key milestones in the progress to that ultimate
objective. Its going to
of contrarians in accumulating and preserving wealth through gold
and silver is not lost on the banking dynasties. They are acutely
aware of this persistent hole in their one world road map. And thatís
why precious metals have been the focus of so much attention by
both investors, and the perpetrators of derivatives market fraud
in an effort to dissuade investors from investing. This monthís
concerted assault on precious metals through the futures market
is a case in point, and a classic pattern in the ten year bull market
in precious metals.
singled out for special assault by the banking dynasties, or "cartel"
as the Gold Anti-trust Action Committee and its adherents refer
to them, as its recent outperformance of gold has put it firmly
in the crosshairs of the cartel, as its new popularity drains even
more savings targeted by the cartel away from that strategyís currency,
the U.S. dollar, and into silver, where the value is safe. Watch
how quickly silver bounces back, as more and more investors in physical
silver and gold use the pattern evident in the cartelís bumbling
strategy to snap up cheap silver.
Gold too, but
the veteran audience grows immune to its gyrations, as they are
now de rigeur for those who follow the market. Silver is especially
worrisome to the cartelset as the diminished inventory of the London
Metals Exchange, now below 33 million ounces, down from 90 million
ounces, threatens deliverability of silver should real futures traders
recognize the opportunity and demand delivery.
Gold and silver,
despite being tiny markets in comparison to the derivatives scam
they support, are the focus of the cartel apparatus and management
for the simple reason that within the performance of the unencumbered
gold and silver spot price market, the smoke emanates from the gun
in use during the crime. And as everybody knows, where there is
smoke, there is, or soon will be, fire.
For now, however,
the poor dumb bastards who bought gold and silver, and in a panic,
have sold at a loss are now back in the hands of the pro-dollar-anti-gold
majority that is the mentally enslaved canon fodder for the cartel.
They will see gold and silver rise strongly in the inevitable next
leg up of the gold and silver bull market, but they will willfully
ignore the evidence of the broader trend, and warn anyone sufficiently
naïve to listen of the feckless injustice and stupidity of
buying gold and silver, and use the example of his own stupidity
to prove the veracity of his advice.
Such is the
world we live in. Governed by misanthropes and sociopaths, the world
economy is on the ropes, and the banking dynasties are in fine form.
On August 9, 2010, Goldman Sachs reported to the Financial Crisis
Inquiry Commission that 25 to 35 percent of its revenue was from
derivatives. Something to keep in mind the next time you see the
mainstream financial press publish a story in which Goldman Sachs
says "sell" or "buy" commodities.
West is an independent capital markets entrepreneur and investor.
He is publisher of the Midas
© 2011 MidasLetter.com