very significant JPMan, Miami Herald gives conspiracy sunlight
I havent seen ANY press report as thorough, balanced, and accurate as this one it touches on several key points and dynamics this story is starting to break out in ultra slowmotion thanks much for sharing it
by the way, Bill Murphy had a stint as wide receiver with the New England Patriots back in the 1970's (sometime around then)
like most of our American society, steal from tomorrow to enjoy today the gold sales in the 1990's SUBSIDIZED TBONDs and thus subsidized our interest rate decline what the criminal Gold Cartel, Federal Reserve, and DeptTreasury failed to control was the flooding of TBonds throughout the four corners of the entire world in allowing such saturation, they ceded control of the fate of Treasury Bonds, prevailing interest rates, and USdollar valuation THIS IS THE ERROR THAT WILL COST AMERICANS DEARLY, IN TIME
here is the FUNDAMENTAL PARADOX to be explained how otherwise to explain that during the 1990 decade... - federal budgets were in deficit every year but 1999 - FedRsve printed an additional 100% into money supply - trade debt rose from $150B/yr to now $400B/yr - AND YET INTEREST RATES DECLINED EVERY YEAR SINCE 1995 - and price inflation declined thru the decade
totally unexplainable, inexplicable, incredible, incroyabble unless GOLD sales enter the equation not only were TBonds subsidized, but inflation was exported now it will be imported, thru back door of trade gap
like all distortions in large picture economics, the unwinding of this perpetrated fraud will cause serious dislocation, pain, and turmoil because the GOLD is borrowed, and margin calls have begun the Fed will call back the GOLD as its price rises it is ok to continue the fraud as long as it works but when GOLD rises in price, the Govt risks exposure
I expect rising inflation, rising interest rates, falling dollar, still widening federal and trade debts, while the economy slips into recession (or worse) even as derivative multiplies the risk during the unwinding
this will soon erupt into a Fed Gold Scandal the harsh sunlight has begun to shine on the criminals thanks again, whew, I lost my breath
the broad consensus views of gold and currency cannot explain the above inconsistency thru the 1990 decade the broad consensus is in for an education some extremely well-read, broadly educated, intelligent, and powerful people harbor false assumptions about GOLD they will be surprised to see GOLD exert its awesome force
some call it THE REVENGE OF GOLD THE REVENGE OF GOLD / jim |