Gold & The New Monetary Order

rise of the renminbiPublicly the so called authorities remain in a state of denial about the systemic debt crisis. The idea for the need of a new monetary order already lives very silently in the big shadow of the false perception buildings for the past 20 years. It all started in 1993/1994 with the implementation of the Gibson Paradox (Summers/Rubin). The National Bank of Belgium (with 1,350 tonnes of gold reserves) was the first to start, in the coordinated program of central bank gold reserve sales, leading to the birth of the ECB and €. Most of the European central bank (CB) gold reserve sales went to China, through the BIS as the globe’s CB gold settlement organizer.
Today’s conflicting gold price management is recognized and understood as such by those with deep system insights. That’s what the ongoing private gold metal accumulation is all about.
It will continue and eventually go parabolic up until the circumstances for a new monetary order are in place.
The chances that further economic deterioration can be avoided are now extremely thin.
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Biden Calls for a New World Order

bidenOn Friday April 5th, at the Export Import Bank conference in Washington, Vice President Joe Biden made the following statement:
The affirmative task we have now is to actually create a new world order, because the global order is changing again, and the institutions of the world worked so well in the post-World War II era for decades, they need to be strengthened, and some need to be changed.”

For our readers who could already use a Monday afternoon drinking game, we suggest 1 shot every time Biden uses the word Agenda in the speech.
call for a New World Order is below:
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Rob Kirby: The Road to the Euro- Birth Pangs of Globalism

By SD Contributor Rob Kirby:

When sovereign gold is lent / leased – this is done through A BULLION BANK [like Goldman Sachs] whereby, physical bullion is sold into the market to raise cash balances which are then reinvested.

LTCM inadvertently collapsed when they took a highly leveraged position in sovereign Russian bonds and Russia defaulted.  If a public ‘work-out’ of LTCM would have ensued – the true state of sovereign Italian finances, as well as the criminal actions of Goldman ‘Hannibal Lecter’ Sachs would have been on public display for the whole world to see – and the Euro would very likely have been still-borne.

For his part in this CRIMINAL FIASCO – Super Mario Draghi was rewarded by being made Vice Chairman of Goldman Sachs International in 2002 and later, in 2011 was appointed president of the European Central Bank [ECB] which on December 13, 2012, was granted exclusive regulatory power over ALL EUROPEAN BANKS: [Read more...]