Hugo Chavez speaks at the United Nations, New York |
"We are going to start bringing the gold back to the central bank. The time has come. The economies of Europe and the United States are sinking."
Upon hearing the news of Chavez's decision, gold and silver continued their steady climb into the stratosphere. The current U.S. dollar peg of gold is over $1800 and silver over $40, and no ceiling in sight. Chavez's decision to recall the physical gold from foreign banks is a bold statement from the magnetic Chavez, whose presence has irked the U.S. military oligarchic dictatorship so much, they attempted a coup in 2002 to overthrow him. That failed as Chavez waited stealthily in the basement with special forces and turned the tables on the traitors.
The timing of this announcement could not be more damning to the international fiat paper money system. The dollar has already been terribly devalued, the people are very upset, and the only answer from the so-called economic authorities who occupy the influential underbelly of the established order in banking, politics, and education; has been to shrug and encourage the people to accept the hard times, the homelessness, and the suffering without complaint.
"Willingly no one chooses the yoke of slavery."
-Aeschylus, Agamemnon
Jesse from Jesse's Cafe Americain has speculated that this announcement could result in the Hersatt effect as it pertains to risk settlement. The Hersatt Bank was a privately-owned German bank. In 1974 the bank went bankrupt on a day when German regulators had to shut the bank due to a run. A number of banks wanted redemption of their Deutsche marks into US Dollars. Because of time-zone differences, Hersatt closed its doors and some customers in New York never received their payment. This prompted the formation of the Bank of International Settlements to preside over the paper money system and make sure devastating examples of inequities like these are not exposed as the gargantuan fraud, which is always present in a paper money system. Therefore, Hersatt risk is associated with the type of settlement risk where a party pays out the currency it sold but does not receive the currency it bought.
Indeed, inside the Illuminati, Jesuit, Bilderberg-controlled triangle, patience is faltering. The slaves are not happy. Most of the, as Obama and the mainstream media like to dub "ordinary folks," are really struggling. The elite make up the rules as they go along; hoping to corral the masses into a new kind of feudal serfdom; a stronger leash. This is easier said then done, as the high priests of economics have run out of options. It isn't about wealth or money anymore; the priests of the establishment must make the patrons believe in their own servitude. In this clip, Nobel prize winner (obviously chosen by the same committee that chose warmonger Obama to receive the peace prize) Paul Krugman, discusses the possible remedies for the global financial system. He cites two possible fixes: World War III or a fake alien invasion would prompt a huge stockpiling of military might due to fear. It would be funny were it not so sad.
It is certainly not surprising to see riots in London, Syria, and other places. Some people are doing really poorly and most do not have the slightest clue why. Some think it is due to their own inequities or misfortunes. The National Pulse lays the blame at the feet of the paper money system and the acquiesance of its worshipping faithful. No matter how badly the economic terrorists mold society in any grotesque manner they please, the faithful serfs continue to patronize and believe there are no other options. Even as French President Sarkozy and German Chancellor Merkel have proposed a tax on all bank transactions to raise money for lies, people still do business with the banks. Even as they hold tons of cash in reserves only to boost their own balance sheets while the unemployed suffer, banks continue to sap the life of its patrons. Even as banks have forced people out of their homes only to let the house sit unoccupied, people view them as a necessity.
And, since the criminals in charge control the faucet of money, they can create whatever kind of reality they wish. Especially frustrating is to watch lone men go up against the behemoth banks inthe world they have created. People still call Wesley Snipes a tax- dodger. What right has the privately-owned Internal Revenue Service to extort him?
Plainview is irked by the agent of Standard Oil when he asks repeatedly about his son that has just gone deaf as a result of a drilling accident. The pressure felt by Plainview is brilliantly conveyed by Day-Lewis who clearly wants to conduct business in the scene but is curious as to the larger company's real intentions. The character, maniacally driven to succeed and out-do others, is trying to reconcile why Standard wants to buy his claim and put him out.
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