Filed under: Barack Obama, bernanke, Big Banks, Central Banks, China, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, Fascism, Federal Reserve, fiat currency, global bankers, global central bank, gold, gold standard, Goldman Sachs, Great Depression, Greenback, hyperinflation, Inflation, International Bankers, internationalist, internationalists, jim rogers, main street, nixon, obama, Oil, private bank, richard nixon, silver, silver shortage, socialism, Stock Market, tarp, UN, US Economy, Wall Street | Tags: Rich Dad Poor Dad
Robert Kiyosaki: Silver Best Hedge Against Inflation
Robert Kiyosaki is a motivational speaker, businessman, investor and author of the Rich Dad, Poor Dad series. In the following interview with Newsmax.tv Kiyosaki explains the reasons why Americans should be investing in silver.
Kiyosaki says silver is the best hedge against inflation and that in many ways the precious metal is a better investment than gold. He is a very strong buyer of silver and has been investing heavily in for over 10 years.
Why Silver Cannot Lose
Robert Kiyosaki
August 20, 2007
I believe the biggest opportunity today is in silver. I think this precious metal is about to become the most spectacular investment in recent history — bigger than oil, even bigger than Google.
Let me give you some reasons why:
Silver is a consumable industrial commodity.
It’s used in computers, cells phones, and electrical relays. This means that as countries like China, India, and Vietnam, and regions like Eastern Europe, become more modernized, the demand for silver will increase.
Silver is also applied in medicine. One little-known use is as a bactericide, a role silver has filled throughout history. Today, medical devices such as catheters and stethoscopes use silver, and every hospital in the western world uses silver sulfadiazine to prevent infections.
Silver is scarcer than gold.
Gold is hoarded. It’s estimated that 95 percent of all gold ever mined is still around. The exact opposite is true of silver: An estimated 95 percent of all silver ever mined has been consumed.
Forty-five percent of all silver mined is burned up in industrial uses. Jewelry accounts for 28 percent, and 20 percent has been consumed in photography. Only 5 percent is in coins.
Silver supplies are down.
In 1900, it was estimated that the world had 12 billion ounces of silver. By 1990 it had dropped to 2.2 billion ounces. By 2007, the supply was down to 300 million ounces.
Some of the more pessimistic forecasts estimate that the world will be out of silver in about 10 years. This could be catastrophic to the world economy. In 10 years, silver might have as much of an impact on the world economy as $200-a-barrel oil.
Filed under: Afghanistan, bobby kennedy, CIA, CNN, Cuba, Dictatorship, E. Howard Hunt, False Flag, Fascism, g20, Gadhafi, global elite, global government, Globalism, globalists, government assassination, government assassinations, inside job, internationalist, internationalists, Israel, jack ruby, JFK, john f. kennedy, LBJ, Libya, lone gunman, lone nut, martin luther king, MLK, Moammar Gadhafi, New World Order, nixon, Nuke, NWO, Oswald, State Sponsored Terrorism, UN, united nations, White House, Zionism
Gadhafi: Who Killed JFK and MLK?
Filed under: Alex Jones, bobby kennedy, CIA, Cuba, E. Howard Hunt, False Flag, inside job, JFK, john f. kennedy, LBJ, lone gunman, lone nut, nixon, Nuke, Oswald, White House | Tags: CIA, Cuba, E. Howard Hunt, False Flag, inside job, JFK, john f. kennedy, LBJ, lone gunman, lone nut, nixon, Nuke, Oswald, White House
EXCLUSIVE VIDEO: Ex-CIA Exposes The Culprits of JFK Murder
In exclusive, never-before-seen footage, former CIA operative E. Howard Hunt discusses his knowledge of and participation in the plot to kill Kennedy in a video testimony he gave shortly before his death.
Filed under: bailout, Big Banks, bilderberg, Bill Clinton, BIS, brazil, Britain, Central Banks, CFR, China, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Europe, european union, Fascism, Federal Reserve, global economy, global elite, global government, Globalism, Great Depression, Greenback, Hegelian Dialectic, Henry Kissinger, hyperinflation, imf, Inflation, Japan, Lehman Brothers, liquidation, nationalization, Nazi, New World Order, nixon, Problem Reaction Solution, Saudi Arabia, socialism, Stock Market, Uncategorized, United Kingdom, US Economy, Wall Street, White House, World Bank | Tags: global monetary authority, global monetary system, Timothy Geithner
Former Kissinger Policy Planner, CFR Member Calls For New Global Monetary Authority
Steve Watson
Infowars.net
September 26, 2008
A Council on Foreign Relations member and former policy planner under prominent Bilderberger Henry Kissinger has penned a piece in the Financial Times of London calling for a “new global monetary authority” that would have the power to monitor all national financial authorities and all large global financial companies.
“Even if the US’s massive financial rescue operation succeeds, it should be followed by something even more far-reaching – the establishment of a Global Monetary Authority to oversee markets that have become borderless.” writes Jeffrey Garten, also a former managing director of Lehman Brothers.
Garten, now a professor of business at Yale, served on the policy planning staff of Kissinger during his time as Secretary of State. He also served on the White House Council on International Economic Policy under the Nixon administration and went on to become the Undersecretary of Commerce for International Trade under Bill Clinton.
Citing “globalization”, A “clash of philosophies” and the “vacuum at the centre” of the current global institutional apparatus, Garten describes his vision for a new monolithic world authority to oversee all financial activity around the globe.
Here are some of the highlights (emphasis added):
A GMA (global monetary authority) would be a reinsurer or discounter for certain obligations held by central banks. It would scrutinise the regulatory activities of national authorities with more teeth than the IMF has and oversee the implementation of a limited number of global regulations. It would monitor global risks and establish an effective early warning system with more clout to sound alarms than the BIS has.
It would act as “bankruptcy court” for financial reorganisations of global companies above a certain size. The biggest global financial companies would have to register with the GMA and be subject to its monitoring, or be blacklisted. That includes commercial companies and banks, but also sovereign wealth funds, gigantic hedge funds and private equity firms.
The GMA’s board would have to include central bankers not just from the US, UK, the eurozone and Japan, but also China, Saudi Arabia and Brazil. It would be financed by mandatory contributions from every capable country and from insurance-type premiums from global financial companies – publicly listed, government owned, and privately held alike.
In a conclusion that smacks of problem, reaction, solution Garten adds “In terms of US and international politics, a Global Monetary Authority is probably an idea whose time has not yet come. That may change as today’s crisis evolves.”
What he describes is nothing less than a global financial dictatorship, operating across borders and forcing nations and corporations to register and adhere to strict monitoring and obey the same regulations. The implementation of such a system would represent total interventionism and the absolute final nail in the coffin of the free market.
Garten’s call for a GMA echoes a piece published in the FT back in June by Timothy Geithner, president of the Federal Reserve Bank of New York.
Fresh from attending the Bilderberg conference in Chantilly, Virginia, Geithner called for a globalized banking system with “appropriate requirements for capital and liquidity”
Filed under: 9/11, 9/11 Truth, Chile, CIA, Coup, empire dictatorship, global elite, global government, Globalism, Henry Kissinger, internationalist, internationalists, Military, New World Order, nixon, socialism | Tags: Richard Helms, Salvador Allende
Kissinger’s Role In Chilean Coup
Huffington Post
September 14, 2008
When Henry Kissinger began secretly taping all of his phone conversations in 1969, little did he know that he was giving history the gift that keeps on giving. Now, on the 35th anniversary of the September 11, 1973, CIA-backed military coup in Chile, phone transcripts that Kissinger made of his talks with President Nixon and the CIA chief among other top government officials reveal in the most candid of language the imperial mindset of the Nixon administration as it began plotting to overthrow President Salvador Allende, the world’s first democratically elected Socialist. “We will not let Chile go down the drain,” Kissinger told CIA director Richard Helms in a phone call following Allende’s narrow election on September 4, 1970, according to a recently declassified transcript. “I am with you,” Helms responded.
Filed under: central bank, Credit Crisis, DEBT, Economic Collapse, economic depression, Economy, Federal Reserve, gold, Great Depression, Greenback, imf, Inflation, nixon, silver, Stock Market, US Constitution, US Economy
IMF Plans To Sell 403.3 Tons From Gold Holdings
Commodity Online
April 4, 2008
Do you know how much of gold is going to enter the market soon? Around 12.97 million ounces of gold is all set to come to the market with the International Monetary Fund (IMF) deciding to sell its yellow metal holdings to tide over its financial woes.
According to IMF, the body is planning to raise $6 billion from the sale of the 12.97 million ounces of gold, about 12% of the total holdings it has.
Market analysts have already made statements on how this move will affect the bullion market.
However, IMF officials said the sale would likely take place over several years in an effort to avoid market disruption.
According to analysts, the news of the IMF decision will most probably affect the bullion market.
Gold prices reached an all-time record above $1,000 an ounce in March, but have been volatile since then.
Gold Vs. Dollar
US gold hits 1-week high, above $930/oz
Reuters
April 7, 2008
U.S. gold futures rallied 2 percent to a one-week high on Monday, as investors bought bullion as a hedge against inflation in the wake of a sharp crude oil rally.
At 10:18 a.m. EDT (1418 GMT), the active U.S. gold contract for June delivery GCM8 on the COMEX division of the New York Mercantile Exchange jumped $16.00 or 1.8 percent to $929.20 an ounce. June minutes earlier, it peaked at $931.80 which marked the highest level since March 31.
http://economictimes.indiatimes…to_rule_firm/articleshow/2926495.cms
Economic woes spark new US gold rush
http://www.independent.co.uk/news/w..old-rush-802632.html
Got Gold Report – Gold, Silver ‘Bubbles’ Pricked? Rubbish
http://www.resourceinvestor.com/pebble.asp?relid=41689
noworldsystem.com 