Britians Blair Bashes GoldBugs:(Good Reading)
Britain's Blair Bashes GoldBugs
Way back in February my "Why American Eagles Are Being Rationed" suggested that advice to buy gold due to a shortage was premature. I also said that there may be a "Strategic Gold Reserve" that would be used to keep a gold ounce below $315 an ounce. There is no concrete evidence of that, but I did get the $315 price limit right. Regardless of whether an antitrust lawsuit is ever filed, no reasonable person can doubt an organized, central bank conspiracy to suppress gold's price exists. That the Central Bank of England is involved is no surprise, it is just another example of elitist arrogance.
Readers may remember that the English government used to set interest rates and economic policy until very recently. As part of the "One Europe", EURO and assorted political and economic measures, England voted to let the "experts" handle economic policy. By doing this, England's Blair willingly gave up the British people's right, through their elected representatives, to set economic policy. Unless I'm mistaken, up until then the English Parliament would have had to vote on whether to sell gold reserves. But how convenient! A quick transfer of power, in order to help Britain fit into the European MegaBlob Union, and then shortly thereafter half of the gold reserves are to be sold. Holy Black Helicopters Batman! Looks like a Conspiracy. The Penguin is now a Central Banker and The Joker has taken over10 Downing Street!
If you can't actually increase the supply of Gold American Eagles, due to minting capacity production constraints, then you must change the psychology by creating the illusion of abundance. This is what Britain's gold sales are all about. Tactical goal one is to shatter the market momentum to the upside due to Y2k panic buying. Tactical goal two is to change the momentum to a negative and impress upon goldbugs that anytime gold hovers near $300 disaster looms. Get goldbugs sweating with Pavlovian intensity, quaking with dread that yet again they will get burned by price collapse number 398. Seems to be working doesn't it?
The Central Bankers, their political arm called the Council on Foreign Relations and their military arm called NATO, all have one central strategic goal towards gold; namely, complete and utter extermination. There is simply no place for any precious metals in the New World Order. There is simply no excuse for them to exist in our electronic, computerized global economy. Primitive relics from economic savages who don't believe. Heretics who must be hunted down and squashed like the insects they are. Goldbugs, ugh filthy little cockroaches scurrying around our shiny fiat money temples. Kill them all! Central Bankers may not actually say the preceding, but they sure think it.
Britain's Blair wins the round and knocks gold down to under $278. The Central Bankers go and celebrate another victory. The goldbugs go scurrying off into the wall seeking solace. The precious metals market returns to its normal state of affairs for the last few years. Or is there more than meets the eye going on here? The answer being yes.
I'm not sure fear is the right word to describe Central Banker's et al, what is labeled the system, attitude towards Y2k. Terror, horror and perhaps amazement, would be better choices. The system brought down by something so simple? With the serfs roused into questioning the economic and political foundations of our global system; gold seriously mounting a challenge to toilet paper money-the ruling elite's must be dumbfounded. The elite's must at all cost keep the one indicator, the price of gold, people will recognize stable. A thousand stories about generator shortages, Y2k related bank runs and the like will not have the impact of one day where gold goes above $1000 an ounce.
Spin, spin and more spin on Y2k and let not the price of gold rise, this is the mantra of those at the top of the food chain. Let not the price of gold rise, lest people figure out the scam. Let not the price of gold rise, lest people question our authority. Let not the price of gold rise, lest the illusions be revealed. Let not the price of gold rise, lest we be exposed and then doomed. Needless to say, our global masters will do whatever it takes to keep gold low, illusions intact and their positions of prestige and power. When we finally do go to scalp them, we will find they were wearing toupees all the time.
A "Godzilla" movie trailer I saw explains exactly where the system is today. This old guy is heading down to the river to fish, passing two drunks who laugh at him since he never catches anything. Our old guy casts his line into the river and lo and behold actually hooks something. There is a huge churning in the river as he looks where his line goes. Slowly a giant red eye rises above the surface and stares at him. He has hooked Godzilla! Running in terror as the wood dock collapses behind him, our fisherman realizes that he has hooked the mother of all aquatic creatures. Such is Y2k, the price of gold and our Central Bankers. All they can see is the great churning without realizing what is coming. The central bankers have hooked into gold-godzilla and will soon be running terrified with their fiat money dock collapsing one plank at a time behind them. This is what really drives their frantic efforts to keep gold at $300 an ounce. They know what will happen if gold-godzilla gets loose in the fiat money city. Squashed cars and buildings all over the place.
And they know that Y2k has hooked the price of gold. They know that people are questioning the very basis of fiat money. They know that television pictures of bank runs in Indonesia and SouthEast Asia, in Russia and Central Europe and closer to home in Brazil and South America are starting to sink in. They know that people are worried about Y2k, despite the most concentrated, organized and blatant disinformation campaign in world history. And our masters are worried. They are worried that they haven't done enough to keep the rabble content. They are worried that the price of gold will rise uncontrollably, giving fiat money a case of the economic bends. Fiat money fatally swamped by a sea of bad credit, bankruptcy and confidence shattering economic crisis'. Fiat money challenged by gold and then defeated in the confidence arena. This is what keeps central bankers and their cronies up at night. They fear people, great masses of people, will see that gold and silver are a credible alternative to fiat money and the credit system. The credit systems that keeps them in power and authority. This is why the powers that be will do anything they can to keep gold at $300 an ounce.
Tony Blair, England's Churchill lite for the nineties, has signed on the globalist agenda. He has used Britain's military in an illegal NATO offensive in Yugoslavia and now has agreed to strip Britain's gold reserve. It would appear that the England's gold reserve isn't the only thing being debased. But so be it. It's not like goldbugs should be surprised when central bankers and their cronies act like central bankers and their cronies. These people are in charge, now. These people are in control, now. These people run the show, now. They will do anything to maintain that control, authority and power. This should be quite obvious by now. In order to maintain economic control they are now prepared to dump hundreds, if not thousands, of tons of gold onto the market. Understanding this allows goldbugs to take the long view and buy gold. Knowing full well that the price may continue to go down for the rest of the year, doesn't bother me in the slightest.
I believe that the fundamental philosophy underpinning fiat money and the global economy is flawed. I believe that it ignores human nature, historical precedence and indeed, economic reality of supply and demand. I believe that Y2k, getting closer every day, is the catalyst for a sea change in attitudes. It is true that the globalists sit on the riverside with their fishing poles and are slightly alarmed at the churning under their bobbers. I know what the churning is and if they did also they wouldn't be so arrogant. By the time they see Godzilla's red eye, it will be too late for them. Only it will be gold-godzilla's yellow eye they see and he will be looking to have them for appetizers.
The only questions you should ask yourself are these: What asset do I want to have when the bank runs start? Am I willing to hold onto gold or silver for twenty or thirty years? Do I really care if I "made" or "lost" money, when the goal should be how do I feed myself. And then remember to watch the news and focus on the scenes of people trying to get their paper assets out of banks. England's Churchill lite Tony Blair selling off 400 tons of gold-good, it will drop the price and allow poor people to buy more. Sounds like a good thing to me.
WHO WILLS CAN-WHO TRIES DOES-WHO LOVES LIVES
Doug McIntosh
13 May 1999
gold-eagle.com
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