The United States is finished as a great power, its wealth
having gushed to the East in a torrent taking little more than 3 decades. The
genesis of the destruction goes back to 1913 but the hand writing on the wall
appeared in 2008.
As difficult as it is to prepare for a 3 page blog posting,
we will adumbrate a picture of the decline and fall of the United States of
America, an act which required one Biblical generation of 100 years beginning
with the establishment of the Federal Reserve System in 1913, perhaps the key
inflection point in American history.
The significance of the Federal Reserve Act is that it
represented a coup against Constitutional government which explicitly provided
for the usage of gold and silver as money. Yet the tyrants of Wall Street
wanted their own currency as money – nothing more than scrip based upon debt.
Contrary to what most naïve – if not stupid – Americans believe, the Federal
Reserve is a private entity which only answers pro forma to Congress. It is a
willful independent body of financial hyenas who control the value of money by
whim.
The significance of the Federal Reserve cannot be
overstated. It provided for the financing of World War 1, a war which served no
legitimate purpose for peace loving Americans. It did provide an entre to
Europe which the US banksters used to colonize Germany.
The other significance of the Federal Reserve was that US
law gave a private corporation the right define and price money. The effects of
its administration have been a constant decline of the value of the dollar
which has only benefited the wealthy and a stream of endless wars. Those
without pricing power in the market are doomed to impoverishment, a fact which
statistics make abundantly clear.
For example, the USA used to have the highest per capita
income in the world. Today it is 14th. Boohoo you might say, but
this affluence supported the broad distribution of jobs and income and the
consumer debt-slave economy. Without that wealth, the USA economy becomes a
neo-feudal society where 47 million people are food stamps - and rising
rapidly.
Wall Street’s suzerainty over Germany has never ended as it
established Adolf Hitler in power through the agency of Prescott Bush, Averill
Harriman, Henry Ford, the Rockefellers, and other citizens of the world who
disdain constitutional self government. World War 2 was not accident and could
not have been financed without the largesse of the Federal Reserve. Its ability
to print money on demand funds a great military industrial complex.
The same wall street cabal which produced World War 2 murdered
President Kennedy, produced Vietnam, the inflation and oil crises of the 1970s,
deindustrialization of the 1980s, the gold divestiture of the 1990s, and the
Nazi state of the 2000s through the hoax of 9/11. Indeed the Third Reich has
ruled for 100 years.
The prompting of this brief précis on American history over
the past 100 years was occasioned by an interview with Andrew Maguire, a
veteran precious metals trader, who informed listeners through an interview
with King World News that the recent takedowns in the price of gold were
desperate last acts of the financial elite in New York and London to prop up
the value of their fraudulent currencies. We reported recently the defaults at
the LBMA but they have since intensified on several accounts. The most
significant may be the lengthening of the delivery period of LBMA good delivery
bars from 2 days to 5 days, a very ominous sign of the shortage of gold.
Maguire also reports that the LBMA, which had been bailing out insolvent
bullion banks by lending them gold – somewhat as a discount window at the Fed –
has ceased providing this service because it can no longer obtain the gold.
The Gold Forward Lease Rate (GOFO) has gone negative and
indicates a pronounced backwardation of gold, an extremely rare event. Antal
Fekete has written extensively on the interpretation of this phenomenon, but to
summarize it ever so briefly, it means that the fiat regimes are finished and
there is no going back.
Maguire reported that massive quantities of gold have been
sucked out of the Western central banks to the East, most notably China, and
that it has gone into vaulting systems which do not permit short term storage.
This means that the gold has gone into hiding and will never return to the
market in this generation.
The utter inability JPMorgan Chase in the form of the New
York Fed to deliver German gold is additional evidence of the scarcity of gold
and its backwardation – to say nothing of their complete repudiation of
fiduciary responsibility and morals. The Swiss have been stealing gold from
allocated accounts, another proof of the scarcity of gold and its
backwardation. Jim Willie reported the huge premiums of 20-25% the LBMA was
paying to liquidate gold contracts for delivery.
The Western banking system is operated by Nazis and a small
band of foolish, criminal frat boys who squandered in one generation the
substantial wealth once owned by the United States. Not only did they deliver
industrial capacity to the Chinese – by design – but they also pissed away Fort
Knox and gold vaulted anywhere else. He who owns the gold makes the rules.
With American wages falling for 4 straight years and a
double dip of the 2008 depression having started in late 2012 or early 2013,
the prospects for a turnaround are impossible. When it hits with full force,
there will be no security net to catch anyone. All who have not prepared will
perish as social order collapses. The bankruptcy of Detroit is an archetype of
what future America has.
The Nazis in Wall Street and academia who rule America are
deeply engaged in Satanic rituals and include some of the most blood curdling
acts imaginable in places such as Bohemian Grove as we reported in our story on
the Midwest sex ring operating out of Omaha Nebraska.
The gold backwardation phenomenon hit hard because it is the
sentry announcing the collapse of the dollar and all fiat currencies
everywhere. However, the Nazis have taken much of the Ft Knox gold and will
have abundant means to continue their quest for One World Government elsewhere.
The United States has enormous military power which it uses
like a bully everywhere to take by force what it cannot achieve through
peaceful just means. Its vast surveillance program is without limits or oversight
and can extend for a considerable time the control which the Nazis have over
the world. However, people of this country are without recourse because they
gave away their birthright in order to have corporate socialism, a Faustian
bargain if ever there were one. As Thatcher said, “The problem with socialism
is that you eventually run out of other people’s money.” The people of Detroit
know that all to well.
However, the loss of reserve currency privilege – exorbitant
as it is – will undermine the military, causing the Nazis to become ever more
desperate in their attempts to hold back the waters at the dam. Eastern and
Emerging Bloc nations are well along the way in establishing a non-dollar
trading system, a threat as dangerous to Nazi control as any military threat.
We do not use hyperbole in referring to the plutocrats as
Nazis. We mean that they are power behind the throne going back to World War 1
and post-war Germany where they established Adolf Hitler to grab state wealth
for private ends. But we should also quickly note that not all wealthy people
are evil. Many of them are normal decent people. However there is a very small
cadre of them, along with their academic and governmental fellow travelers,
whose contempt for freedom and self government is boundless.
The loss of gold and its backwardation sealed the fate of
the USA. Lehman was the handwriting on the wall, after which witnessing Belshazzar
partied on through the night until Persian forces took Babylon that very night.
So Obama – a tool of Wall Street – continued his trillion dollar deficits as
far as the eye can see, funneling fabulous wealth to the Wall Street Nazis and
the Far East.
Thus the Neo-con cabalists have boasted in their disgusting Project for a New American Century deeds which they will not achieve short of violence, bloodshed, and war. They are wicked to their very core.
While many will dismiss our analysis as histrionics of a rather rabid variety, we state the reason for our pessimism due to the loss of wealth in gold and industry. It cannot be repaired with traitors governing the nation, and its people are too drugged to see the problem or its solution. We face an Argentinian future if we are fortunate.
We have no specific advice other than to get gold – with all
thy getting, get gold.
Reference
Interviews with Andrew Maguire, King World News, July 19-20, 2013
Copyright 2013 Tony Bonn. All rights reserved.
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