"Fiat money has no place to go but gold. If all currencies are moving up and down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it."
-Former Federal Reserve Board Chairman Alan Greenspan speaking to The Council on Foreign Relations, September 15, 2010
Central Banks are paying attention to it. In fact, they always have. In the past, however, central banks have been sellers of gold. Today, as all is mortgaged to the hilt, central banks have become buyers of gold. As you might surmise, this means the dollar will become not even worth the paper on which it is printed.
This is but yet another clue as to the chaos surrounding the United States corporation and their failed economic policies of printing money out of thin air. In trying to conquer the world through illegal wars of aggression, the expansion of the police state, and controls of ideas through outright lies, the U.S. has went too far. The pendulum is now poised to swing the other way- and hard.
Yesterday, the third out of the four original members of the Obama Economic Team have chosen to flee the sinking ship. None of the previously deserted spots have been filled. Interestingly enough, because of their colossal failure, criminal Wall street firms and major universities are now interested by their extremely stupid ideas about economics. Peter Orzsag is reportedly thinking about a job in Wall Street. Christina Romer went back to teach at the University of California at Berkeley. Larry Summers leaves at the bleakest possible moment. Summers is the guy (pictured at right)sleeping while Obama talks about something at a bank bailout meeting. It is presumed he will go back to teaching at Harvard. The National Pulse wonders how many incoming freshman will enroll in their presumed class, ECON 101- Creating Hyperinflation.
What a big fucking Ivy League joke. Yale gives us Skull and Bones members and Harvard gives us Keynesian idiots who know nothing but mortgaging every child's future and starting illegal wars of aggression. Now the only person left is the idiot from the New York Federal Reserve, Timmy Geithner who was laughed at last summer by Chinese students when he tried to tell them about the dollar as an investment instrument.
The only people that semi-believe America's bullshit are Americans. Most are so lost in their own stench of self-righteousness they have no idea how unsalvageable the government structure has become.
Nothing in the government is worth saving. The fiat money system has created a fantasy land in which the paths to prosperity are as unproductive as they are destructive. Trying to save government at all will result in a coerced socialism. This will all be cheer-led by the mainstream media who are such traitors the mere thought of it makes one throw up in their own mouth.
Here is Rick Sanchez from CNN equating that a belief in states' rights, a hallmark of the Constitution, is a clear sign that a person is racist. MSNBC's Ed Schultz wants to institute the Fairness Doctrine, equal out the audience and promote socialism. Rush Limbaugh keeps his audience from discovering the co-option of the Tea Party movement and beats the drum for war with Iran. Everybody is looking up their own ass with no knowledge of the organic Constitution or what constitutes lawful money.
The National Pulse does not wish for chaos. However, chaos is what will ensue without a true introspective look at a lawless governmental corporation gone mad. Here is the new #1 enemy for USA Corp. talking about their aggression and their defeat which is imminent.