From's Jesse's Cafe...
"We march collectively toward self-annihilation.
Corporate capitalism, if left unchecked, will kill us. Yet we refuse, because we
cannot think and no longer listen to those who do think, to see what is about to
happen to us...It is better to be an outcast, a stranger in one’s own country,
than an outcast from one’s self. It is better to see what is about to befall us
and to resist than to retreat into the fantasies embraced by a nation of the
blind." - Chris Hedges
This is the fog of currency war....
The Anglo-american banking cartel has a huge vested interest in maintaining the status quo of the US dollar reserve currency.
Gold, and to a somewhat lesser extent silver, are benchmarks that show the true health of the fiat monetary system if they are left for the market to freely decide their value.
So the Banks do not leave gold and silver alone, but rather take consistent efforts to attempt to control their increasing prices and manage the perceptions, for the sake of the currency in the case of the central banks, and for their own ill-gotten profits in the case of the private Wall Street banks.
It is very similar to LIBOR, but more prolonged and further reaching. This is not about mortgage or car loan rates; this is the reserve currency of the world, and affects all.
The Anglo-american banking cartel has a huge vested interest in maintaining the status quo of the US dollar reserve currency.
Gold, and to a somewhat lesser extent silver, are benchmarks that show the true health of the fiat monetary system if they are left for the market to freely decide their value.
So the Banks do not leave gold and silver alone, but rather take consistent efforts to attempt to control their increasing prices and manage the perceptions, for the sake of the currency in the case of the central banks, and for their own ill-gotten profits in the case of the private Wall Street banks.
It is very similar to LIBOR, but more prolonged and further reaching. This is not about mortgage or car loan rates; this is the reserve currency of the world, and affects all.
http://jessescrossroadscafe.blogspot.com/2012/07/gold-daily-and-silver-weekly-charts_17.html
No comments:
Post a Comment