April Drop Dead Date

[angelburst29]

April Drop Dead Date = Death of so much in connection also with the Death of the Petrodollar ?

What does this mean in terms of the IMF and World Bank possibly swooping in?

I think your right, Leomhann, that the Petrodollar is dead. U.S. sanctions on Russia might be the impetus that started the dominino's falling. In terms of the IMF and World Bank, I always lumped them together with the Federal Reserve Bank and Wall Street as "part and parcel" just different compartments of the same? I get the unsettling feeling, they used and stripped the U.S. financially and economically, in an effort to take over and conquer Russia (via Ukraine) and it blew up in their face .... AND Russia is not backing down and will hold it's own ground ..... while those living in the U.S. will suffer the flash-back? Our economy and infrastructure have been on the downslide for a number of years now. Everything has been affected, from standard of living - to trying to keep a roof over our heads.

The Dollar, itself is technically dead, with no formal backing of precious metals - so where does that leave us? In Bush terminology, "It's a worthless piece of paper!"

Off topic to some degree but I was at a grocery check out yesterday (waiting my turn) and noticed a woman a few feet away, plugging dollar bills into a Lottery machine. The machine would spit out some of the "one dollar bills" while excepting some of the others. Yet, no matter how many times she tryed to reassert the rejected bills, the machine wouldn't accept them. She finally walked over to Customer Serve to exchange the two (one dollar) bills, which the machine excepted? In all, I think she spent eight dollars in the machine.

Speaking of grocery, meat prices keep going up.
_http://www.activistpost.com/2014/04/why-meat-prices-are-going-to-continue.html#more

The average price of USDA choice-grade beef has soared to $5.28 a pound, and the average price of a pound of bacon has skyrocketed to $5.46. Unfortunately for those that like to eat meat, this is just the beginning of the price increases.

The outlook for pork is even worse. The price of bacon is 13 percent higher than it was a year ago, and porcine epidemic diarrhea is absolutely devastating the U.S. pig population…

It's going to be a ruff ride!

 

[angelburst29]

In reference to the value of the dollar, "The U.S. dollar has lost more than 95% of its value since the Fed began printing them" a hundred years ago.

_http://rinf.com/alt-news/breaking-news/u-s-dollar-currency-masquerading-money/

This year marks the 100th anniversary of the Federal Reserve System. It is the third central bank in the country’s history. The first two were short-lived compared to the Fed. The First National Bank, chartered in 1791, lasted 20 years, as did the second one, from 1816 to 1836.

When the Fed opened its doors for business in 1914 and for a while thereafter, until 1933, gold was money. People used gold coins to make purchases and pay debts—Double Eagles ($20 Liberties, minted 1850-1907; and $20 St. Gaudens, 1907-1933), Eagles ($10 Liberty Head, minted 1838-1907; and $10 Indian Head, 1907-1933), and $5 Half Eagles (1795-1929). Paper dollars were redeemable in gold.

When the Fed began issuing Federal-Reserve-note paper dollars they were also “Redeemable in Gold on Demand at the U.S. Treasury or in Gold or Lawful Money in any Federal Reserve Bank.” That changed in 1933 when the President signed an Executive Order making it illegal for U.S. citizens to own gold (gold jewelry and numismatic gold coins excepted). Then they became “Redeemable in Lawful Money,” eliminating any hard asset backing. Since 1963 the declaration on U.S. dollars simply states that, “This Note is Legal Tender for All Debts, Public and Private.”[1]

(Federal Reserve notes initially circulated along with two other kinds of U.S. dollars: 1) National Bank notes issued by the U.S. Treasury and redeemable in U.S. bonds in its possession, beginning in 1862 to finance the Civil War and up until 1966, when they stopped being printed; and 2) silver certificates, first printed in 1878 and redeemable in silver coins or bullion. The Treasury stopped printing them in 1967, and in June 24, 1968 reneged on redeeming the ones in silver still in circulation.)

The U.S. government severed the dollar’s last link with gold in 1971. While people could no longer redeem the dollar for gold coins, its international convertibility was maintained. Foreign countries and their central banks could redeem dollars for gold bullion—(400 oz.) gold bars, priced at $35/oz. After World War II, with the money supply (M2) at $147 Billion, the U.S. had 21,770 tonnes (699,905,500 ounces) of gold, which backed 17% of the money supply. By 1964 the money supply had grown to $400 Billion, and U.S. gold reserves dropped to 13,885 tonnes, covering 4% of the official quantity of money. By 1971 the amount of gold backing the dollar had shrunk to 1%, rendering default inevitable.

Such a precipitous decline in the U.S. dollar’s purchasing power disqualifies it as real money.

 

[SeekinTruth]

It's been astonishing to watch the U.S. and their EU puppets forcing Russia's and the rest of the East's hand to finally kill the petrodollar. The Fed's devaluing of the dollar in it's 100 year existence is exactly as it was designed to do. BUT, in addition to the usual games of private central banks causing inflation and deflation (e.g. during the Great Depression) alternately, the recent "Quantitative Easing" is really going to come back to bite the U.S. as foreign countries start moving out of the dollar and a huge tsunami of dollars comes flooding back to the U.S.

 

[axj]

April Drop Dead Date = Death of so much in connection also with the Death of the Petrodollar ?

What does this mean in terms of the IMF and World Bank possibly swooping in?

Some other relevant links in this regard:

Dr. Jim Willie: The entire eastern world is rebelling against the dollar
http://www.sott.net/article/277163-Dr-Jim-Wille-The-entire-eastern-world-is-rebelling-against-the-dollar#comment102314

This caught my eye:

" In the thirty days ending March 13, foreign nations dumped $100 billion in Treasury bonds. The United States tried to keep that quiet. The new dollar, ... that will come about will have to be devalued 80%, which is going to result in a tremendous increase in imported prices.... import price increase will eventually be a whopping "400%." ... before it's over, the USA ... The local American citizens are going to wonder 'how come the shelves are empty?' This is third world, guys."

This Dr. Willie may be right on most points. However since he is making such far-reaching predictions, not getting simple historic facts right is a bit of a red flag for me:

"It's hyper-monetary inflation. It's what Nazi Germany did . . . it wrecked everything."

What he refers to is the famous hyperinflation in the Weimar Republic Germany in the 1920s. That was before Nazi rule.

 

[Windmill knight]

It's been astonishing to watch the U.S. and their EU puppets forcing Russia's and the rest of the East's hand to finally kill the petrodollar. The Fed's devaluing of the dollar in it's 100 year existence is exactly as it was designed to do. BUT, in addition to the usual games of private central banks causing inflation and deflation (e.g. during the Great Depression) alternately, the recent "Quantitative Easing" is really going to come back to bite the U.S. as foreign countries start moving out of the dollar and a huge tsunami of dollars comes flooding back to the U.S.

Indeed!

The impression I've been getting from the Ukraine/Crimea episode is that it marked the end of the 'American Century'. The fact that they realize that they can't really bully Russia into submission; that Europe can't impose any real economic sanctions without doing more damage to themselves than Russia; the pretty pathetic and lame discourse that's come from the Western spokespeople; plus the fact that the average people I'm in touch with and those that leave comments on the web are not buying the US version of events; all these things make me think that the US Empire has already lost the match. They will go on for a while of course, trying to do their thing as usual, but in the end the economic shifts as explained above, plus the lack of faith from the masses, are going to knock them out for good.

Of course, seeing that they are going down, they may choose to go ballistic and start little proxy wars or the big one, which would be very bad for everyone. However, warring countries are supported ultimately by the moral of their people and their economy, so my guess is that even on the battle field the West would be defeated. Then there's the nuclear option but I think that is very unlikely. As the Cs have suggested, those at the top of the STS pyramid understand the consequences of going too far.

If I were the rest of the world I would seriously start to establish strong and friendly relationships with Russia first, China second. I'm even wondering if I should learn Russian and Chinese myself!

 

[LQB]

It's been astonishing to watch the U.S. and their EU puppets forcing Russia's and the rest of the East's hand to finally kill the petrodollar. The Fed's devaluing of the dollar in it's 100 year existence is exactly as it was designed to do. BUT, in addition to the usual games of private central banks causing inflation and deflation (e.g. during the Great Depression) alternately, the recent "Quantitative Easing" is really going to come back to bite the U.S. as foreign countries start moving out of the dollar and a huge tsunami of dollars comes flooding back to the U.S.

Yes, this is already happening as foreign reserve account dollars are buying up US real estate and companies. These dollars eventually trickle down into the US money supply. The only way to prevent this is to sequester the foreign purchases in the form of domestic bonds at the barrel of a gun held by the Fed on banks that broker the purchases - and this seems unlikely (at least so far).

As food prices go, there is additional upward pressure from poor harvest, pig virus, etc due to drought, climate/earth change,etc. So food prices will probably rocket higher before imports (in general) do.

Other analysts have pointed out that the Fed need not print any more dollars for major overt hyperinflation to take hold. Many of these insist that HI is already here and that we have reached the point of no return in which we are destined to run the course of the HI curve - and destruction of the US$.

 

[LQB]

This Dr. Willie may be right on most points. However since he is making such far-reaching predictions, not getting simple historic facts right is a bit of a red flag for me:

"It's hyper-monetary inflation. It's what Nazi Germany did . . . it wrecked everything."

What he refers to is the famous hyperinflation in the Weimar Republic Germany in the 1920s. That was before Nazi rule.

Willie has a history of making predictions based on his "insider" contacts that turn out to be wrong. But I like him and his enthusiasm and I think he is right generally - but wrong in many of the details.

 

[Vic]

It's been astonishing to watch the U.S. and their EU puppets forcing Russia's and the rest of the East's hand to finally kill the petrodollar. The Fed's devaluing of the dollar in it's 100 year existence is exactly as it was designed to do. BUT, in addition to the usual games of private central banks causing inflation and deflation (e.g. during the Great Depression) alternately, the recent "Quantitative Easing" is really going to come back to bite the U.S. as foreign countries start moving out of the dollar and a huge tsunami of dollars comes flooding back to the U.S.

Indeed!

The impression I've been getting from the Ukraine/Crimea episode is that it marked the end of the 'American Century'. The fact that they realize that they can't really bully Russia into submission; that Europe can't impose any real economic sanctions without doing more damage to themselves than Russia; the pretty pathetic and lame discourse that's come from the Western spokespeople; plus the fact that the average people I'm in touch with and those that leave comments on the web are not buying the US version of events; all these things make me think that the US Empire has already lost the match. They will go on for a while of course, trying to do their thing as usual, but in the end the economic shifts as explained above, plus the lack of faith from the masses, are going to knock them out for good.

Of course, seeing that they are going down, they may choose to go ballistic and start little proxy wars or the big one, which would be very bad for everyone. However, warring countries are supported ultimately by the moral of their people and their economy, so my guess is that even on the battle field the West would be defeated. Then there's the nuclear option but I think that is very unlikely. As the Cs have suggested, those at the top of the STS pyramid understand the consequences of going too far.

If I were the rest of the world I would seriously start to establish strong and friendly relationships with Russia first, China second. I'm even wondering if I should learn Russian and Chinese myself!

I wondered the same thing, Windmill Knight, and decided I should. I am using the Earworms app for chinese. For anyone that doesn't know, Earworms uses the science behind music as a way to teach languages. I am finding it incredibly effective.

Ever wondered why you just can’t get a song out of your head??
The term earworms or catchy tunes refers to those songs which you hear a few times and then just can t get out of your head. Now, earworms mbt Rapid Languages uses this phenomenon to put the essential words and phrases you need not just on the tip of your tongue, but it transports them deeply into your long-term memory, ready for instant recall.Rhythm and words i.e. song and verse have always been a very powerful memory aid, and this is supported by recent scientific research. The advertising industry knows only too well how powerful music can be in getting the message across with brainwashing-like jingles and soundbites. The idea is as simple as it is old. Before the age of writing, ancient historical events were recorded in verse and song form for easy memorisation. In his book 'Songlines', Bruce Chatwin describes how the Australian Aborigines were able to navigate their way across hundreds of miles of desert to their ancestral hunting grounds without maps. And how? The extensive lyrics of their traditional songs were exact descriptions of the routes.

_http://www.earwormslearning.com/

 

[meta-agnostic]

April Drop Dead Date = Death of so much in connection also with the Death of the Petrodollar ?

What does this mean in terms of the IMF and World Bank possibly swooping in?

Some other relevant links in this regard:

Dr. Jim Willie: The entire eastern world is rebelling against the dollar
http://www.sott.net/article/277163-Dr-Jim-Wille-The-entire-eastern-world-is-rebelling-against-the-dollar#comment102314

This caught my eye:

" In the thirty days ending March 13, foreign nations dumped $100 billion in Treasury bonds. The United States tried to keep that quiet. The new dollar, ... that will come about will have to be devalued 80%, which is going to result in a tremendous increase in imported prices.... import price increase will eventually be a whopping "400%." ... before it's over, the USA ... The local American citizens are going to wonder 'how come the shelves are empty?' This is third world, guys."

If the 80% figure turns out to be true, that would make $5 bills roughly the new $1 bills (unless my math is off), and dollar bills would be worth about the same as today's quarter. As has been documented on this site for some time:
_http://www.coinflation.com/
older pennies and all nickels would in theory be snapped up out of circulation in no time. The debate on no longer minting pennies and nickels has gone back and forth for some time, not surprisingly being mainly driven by copper and zinc mining and other special interests much more than any practical policy or, God forbid, good of the people. I always figured that Congress was too afraid to significantly change the coinage because it would signal the collapse of the dollar, but maybe it is more the other way around. Perhaps the 80% figure is partly driven by the remaining base metal coinage: dimes, quarters and in theory half dollars would be worth roughly their face value if other economic factors hold steady. The deliberately mismanaged dollar coin would be worth less but who knows what its fate will be as TPTB attempt to usher in whatever the next slave currency is supposed to be.

I've wondered for some time if the U.S. economy would continue to function for any length of time in this fashion were the coinage to become real money again. Maybe it will actually happen, though if it does I suspect it won't be much more than the period between "April Drop Dead Date" and whatever happens later on down the line to make even that seem silly.

 

[angelburst29]

If the 80% figure turns out to be true, that would make $5 bills roughly the new $1 bills (unless my math is off), and dollar bills would be worth about the same as today's quarter. As has been documented on this site for some time:
_http://www.coinflation.com/
older pennies and all nickels would in theory be snapped up out of circulation in no time. The debate on no longer minting pennies and nickels has gone back and forth for some time, not surprisingly being mainly driven by copper and zinc mining and other special interests much more than any practical policy or, God forbid, good of the people. I always figured that Congress was too afraid to significantly change the coinage because it would signal the collapse of the dollar, but maybe it is more the other way around.

A good portion of old coinage (pennies, nickles, dimes and quarters) have already been snapped up and it didn't take an Act of Congress.

Approximately 6-7 years ago, marketed for customer convenience[ b]Coinstar[/b] machines were introduced into grocery stores and local Bank lobbies to count your loose change and provide an electronic tabulated slip of paper with the total amount, minus a small surcharge. The surcharge that was automatically subtracted from the total (in the beginning) was three cents on a dollar. Currently, it's nine cents on a dollar. Some banks offer Free Service if you deposit the slip into your Banking Account. At grocery stores, you can cash the slip in at a Customer Service Desk or use the amount on the slip towards a grocery purchase.

Behind the scenes, the contents of the new coinage minted - were reformulated to contain percentages of Tin (pennies and dimes) and copper inlays/silver coated quarters. The new nickles with the wide "moon face" contain tin inlay with a nickle over coating.

Within the same time frame that the Coinstar machines made their debut, Bronze Statues in my area/County were removed from Court House Annex's and City Hall's - "to be cleaned and polished." To date and it's been over six years, not one has been returned to it's rightful place.

_https://www.coinstar.com/#services

 

[meta-agnostic]

If the 80% figure turns out to be true, that would make $5 bills roughly the new $1 bills (unless my math is off), and dollar bills would be worth about the same as today's quarter. As has been documented on this site for some time:
_http://www.coinflation.com/
older pennies and all nickels would in theory be snapped up out of circulation in no time. The debate on no longer minting pennies and nickels has gone back and forth for some time, not surprisingly being mainly driven by copper and zinc mining and other special interests much more than any practical policy or, God forbid, good of the people. I always figured that Congress was too afraid to significantly change the coinage because it would signal the collapse of the dollar, but maybe it is more the other way around.

A good portion of old coinage (pennies, nickles, dimes and quarters) have already been snapped up and it didn't take an Act of Congress.

Approximately 6-7 years ago, marketed for customer convenience[ b]Coinstar[/b] machines were introduced into grocery stores and local Bank lobbies to count your loose change and provide an electronic tabulated slip of paper with the total amount, minus a small surcharge. The surcharge that was automatically subtracted from the total (in the beginning) was three cents on a dollar. Currently, it's nine cents on a dollar. Some banks offer Free Service if you deposit the slip into your Banking Account. At grocery stores, you can cash the slip in at a Customer Service Desk or use the amount on the slip towards a grocery purchase.

Behind the scenes, the contents of the new coinage minted - were reformulated to contain percentages of Tin (pennies and dimes) and copper inlays/silver coated quarters. The new nickles with the wide "moon face" contain tin inlay with a nickle over coating.

Within the same time frame that the Coinstar machines made their debut, Bronze Statues in my area/County were removed from Court House Annex's and City Hall's - "to be cleaned and polished." To date and it's been over six years, not one has been returned to it's rightful place.

_https://www.coinstar.com/#services

Angelburst I'm not saying you're wrong, but do you have any source for the changes in coin composition? My understanding is there has been no change in quarter and dime composition since silver was removed in 1965. They're now a 75/25 cupronickel coat over a 100% copper core. Pennies had some tin in them once but have gone from almost all copper to copper-coated zinc since 1982. The 75% copper 25% nickel composition of the five cent "nickel" has not changed since 1866. This is what you'll find on Wikipedia or any numismatic site, or the coinflation site I linked above. I'm not saying there couldn't be something else going on behind the scenes, but if it was documented anywhere and leaked there would be a large community that would make a big deal about it. This is all for USA coinage, of course. Most other countries are farther ahead in making their coins out of even more worthless metals, for whatever reason.

 

[SeekinTruth]

It seems Russia is showing the world that the Anglo-American-Zionist axis is a paper tiger - all empty threats, bluff, and bluster. The whole Unaligned Movement countries and Latin America can finally REALLY defy the evil global empire and there's not much the empire can do about it. The EU has been made a slave of the US-led world empire. Most of the things that it is forced to do are against their own interests.

I saw an interview the day before yesterday on Armenian TV. The interviewee was a professor of an old religion funded Armenian school in Venice. He said so much truth in 20 minutes that was an analysis of what's going on in the world (Middle East, EU, US-Zionist games, etc.) that puts to shame over 95% of so-called geopolitical/political analysts and "experts." One of the astonishing things was that he said he has a friend who is an EU politician with whom he was having a discussion, and his friend was agreeing with everything he was pointing out about recent events and the world situation.

The professor asked how come he didn't have the opposite opinion - being an EU politician - and if it was widespread among EU politicians to think like his friend. His friend replied that yes it's very widespread. The professor asked him why no one speaks up. The reply was because nobody is allowed to tell the truth against the U.S. global mafia.

 

[angelburst29]

Angelburst I'm not saying you're wrong, but do you have any source for the changes in coin composition? My understanding is there has been no change in quarter and dime composition since silver was removed in 1965. They're now a 75/25 cupronickel coat over a 100% copper core. Pennies had some tin in them once but have gone from almost all copper to copper-coated zinc since 1982. The 75% copper 25% nickel composition of the five cent "nickel" has not changed since 1866. This is what you'll find on Wikipedia or any numismatic site, or the coinflation site I linked above. I'm not saying there couldn't be something else going on behind the scenes, but if it was documented anywhere and leaked there would be a large community that would make a big deal about it. This is all for USA coinage, of course. Most other countries are farther ahead in making their coins out of even more worthless metals, for whatever reason.

After veiwing your Post, Meta-agnostic, I went in search for the article I read in a Metal Detector Club Forum that I had happened upon but didn't think to bookmark the site. It was only "in passing" that I came across the site while looking for something else. Unfortunately, unable to locate it at this moment but I do "stand to be corrected" in this statement and I apologize for my over-sight.
"The new nickles with the wide "moon face" contain tin inlay with a nickle over coating."

_http://www.ehow.com/facts_6863556_metal-composition-common-nickel-coin.html

From its first minting in 1866, the U.S. nickel has undergone several design changes, but the composition has largely remained the same. The nation's third president, Thomas Jefferson, has been featured in profile on the front of the five-cent piece since 1938.

The nickel comprises 75 percent copper and 25 percent nickel, making its name a bit of a misnomer. From 1942-1945, when nickel became a valuable metal during the World War II effort, the composition changed to 56 percent copper, 35 percent silver and 9 percent manganese. These coins are prized by collectors for their silver content.


_http://www.usmint.gov/about_the_mint/fun_facts/?action=fun_facts2

The Composition of the Cent

Following is a brief chronology of the metal composition of the cent coin (penny):

•The composition was pure copper from 1793 to 1837.
•From 1837 to 1857, the cent was made of bronze (95 percent copper, and five percent tin and zinc).
•From 1857, the cent was 88 percent copper and 12 percent nickel, giving the coin a whitish appearance.
•The cent was again bronze (95 percent copper, and five percent tin and zinc) from 1864 to 1962.
(Note: In 1943, the coin's composition was changed to zinc-coated steel. This change was only for the year 1943 and was due to the critical use of copper for the war effort. However, a limited number of copper pennies were minted that year. You can read more about the rare, collectible 1943 copper penny in "What's So Special about the 1943 Copper Penny.")
•In 1962, the cent's tin content, which was quite small, was removed. That made the metal composition of the cent 95 percent copper and 5 percent zinc.
•The alloy remained 95 percent copper and 5 percent zinc until 1982, when the composition was changed to 97.5 percent zinc and 2.5 percent copper (copper-plated zinc). Cents of both compositions appeared in that year.


_http://news.coinupdate.com/bill-seeks-steel-cents-nickels-dimes-and-quarters-1952/

Bill Seeks Steel Cents, Nickels, Dimes, and Quarters

On April 25, 2013, Rep. Steve Stivers of Ohio introduced a bill in the House of Representatives which seeks to immediately alter the metallic composition of the one-cent, five cent, ten-cent, and twenty-five cent coins. The legislation would require all four coins to be minted in American steel, with the cent coated in copper to preserve the current appearance.

The cent currently has a composition of 97.5% zinc and 2.5% copper and cost the United States Mint 2.0 cents to produce and distribute during the most recent fiscal year.

The five-cent coin or "nickel" currently has a composition of 75% copper and 25% nickel and cost the US Mint 10.09 cents to produce and distribute in the latest fiscal year.

The dime and quarter both have a composition of 91.67% copper and 8.33% nickel and each cost less than their respective face values to produce.

Although the text of the bill is not yet available, a press release from Rep. Stivers notes that the majority of the copper, nickel, and zinc used to produce the cent, nickel, dime, and quarter is imported from Canada. The bill would specifically require the coins be made of American steel going forward. The appearance of the coins would not change, just the materials used to make them.

In 2011, Rep. Stivers had introduced two separate bills seeking to change the composition of the cent and nickel to steel. Subcommittee hearings were held, but neither bill was voted on.


_http://www.coinweek.com/world-mints/us-mint-news/the-coin-analyst-u-s-mint-releases-report-on-alternative-metallic-composition-for-circulating-coins/

In 2012 one dollar coins, which are now only produced for collectors, cost 21 cents each to produce, whereas last year when they were still made for circulation, they cost 18 cents. One dollar coins are made of clad manganese brass, which is what gives them their golden color, designed in part to distinguish them from quarters. Earlier modern dollars such as the Susan B. Anthony dollars were made of clad.

Coins of the same size and weight as current circulating coins but made of different metals, the study found, produce different electro-magentic signatures. That means that changes to the metallic composition and production method of our coinage would impose transition costs of the vending machine industry.

A key conclusion of the study is that changing the metallic composition of the one cent coin would not produce significant savings because the current market price of zinc is competitive with the cost of alternative metals such as steel.

In addition, the study noted that with the exception of the cent, all current circulating coins produce the electro-magnetic properties of copper. One of the main reasons further analysis is needed is that the study found that changing the electro-magnetic signature of coins other than pennies could result in significant production cost savings for the Mint, but that needs to be studied in more detail to know for sure.

The full report sent to Congress, and the one from the contracting company are available on the Mint’s web site: http://www.usmint.gov/about_the_mint/?action=biennialreport


_http://www.coinweek.com/bullion-report/rigged-precious-metals-markets/

All of the declassified government documents thus far have confirmed that the US government, directly or through intermediaries, has manipulated gold prices from the 1930s into the late 1990s or at least made arrangements to be able to do so. In the official records, people such as Paul Volcker, Alan Greenspan, Henry Kissinger, and others made statements confirming, at a minimum, that the US government stood ready to manipulate gold prices. Why should the US government have changed this practice in subsequent years when the existing legal authority and financial arrangements were already in place?

The value of the US dollar, despite long-term efforts by the US government and its allies to support it, has fallen about 78% against gold since December 31, 2001 (and down about 77% against silver over the same period).

In recent weeks, partly as fallout of events from the Ukraine and Crimea, there are significant efforts underway to displace the use of US dollars in major parts of international commerce. To the extent that such efforts are successful, they will weaken the dollar’s status as a global currency and lead to potentially trillions of dollars of US currency and Treasury Debt being repatriated. As this occurs, the value of the US dollar is at a high risk of falling significantly in value.

It seems to me that much of the market rigging activity by the US government and its partners and allies over the past few weeks has focused on propping up the value of a shaky US dollar. One of the major tactics pursued to support the dollar is to suppress gold and silver prices. I suspect that the recent dip in precious metals prices was pretty much all an artificial manipulation rather than a result of free market trading activities.

 

[TheLostBoy]

It seems Russia is showing the world that the Anglo-American-Zionist axis is a paper tiger - all empty threats, bluff, and bluster. The whole Unaligned Movement countries and Latin America can finally REALLY defy the evil global empire and there's not much the empire can do about it. The EU has been made a slave of the US-led world empire. Most of the things that it is forced to do are against their own interests.

I saw an interview the day before yesterday on Armenian TV. The interviewee was a professor of an old religion funded Armenian school in Venice. He said so much truth in 20 minutes that was an analysis of what's going on in the world (Middle East, EU, US-Zionist games, etc.) that puts to shame over 95% of so-called geopolitical/political analysts and "experts." One of the astonishing things was that he said he has a friend who is an EU politician with whom he was having a discussion, and his friend was agreeing with everything he was pointing out about recent events and the world situation.

The professor asked how come he didn't have the opposite opinion - being an EU politician - and if it was widespread among EU politicians to think like his friend. His friend replied that yes it's very widespread. The professor asked him why no one speaks up. The reply was because nobody is allowed to tell the truth against the U.S. global mafia.

Hi SeekinTruth, would it be possible for you to post a link or give directions as to where I could find this interview please? Sounds like something I would like to see.

 

[Altair]

It seems Russia is showing the world that the Anglo-American-Zionist axis is a paper tiger - all empty threats, bluff, and bluster. The whole Unaligned Movement countries and Latin America can finally REALLY defy the evil global empire and there's not much the empire can do about it. The EU has been made a slave of the US-led world empire. Most of the things that it is forced to do are against their own interests.

I saw an interview the day before yesterday on Armenian TV. The interviewee was a professor of an old religion funded Armenian school in Venice. He said so much truth in 20 minutes that was an analysis of what's going on in the world (Middle East, EU, US-Zionist games, etc.) that puts to shame over 95% of so-called geopolitical/political analysts and "experts." One of the astonishing things was that he said he has a friend who is an EU politician with whom he was having a discussion, and his friend was agreeing with everything he was pointing out about recent events and the world situation.

The professor asked how come he didn't have the opposite opinion - being an EU politician - and if it was widespread among EU politicians to think like his friend. His friend replied that yes it's very widespread. The professor asked him why no one speaks up. The reply was because nobody is allowed to tell the truth against the U.S. global mafia.

Hi SeekinTruth, would it be possible for you to post a link or give directions as to where I could find this interview please? Sounds like something I would like to see.

Yes, please. It would be very interesting to hear. :)