The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label alan greenspan. Show all posts
Showing posts with label alan greenspan. Show all posts

Thursday, April 13, 2017

Over the past 220 years the one key factor in higher gold prices is when inflation is higher than interest rates

Many analysts have been citing the Fed and their new interest rate hike policies as the catalyst for rising gold prices, as well as a few who have been pointing to geo-political events such as Brexit and the Trump election as the key driver of gold.  But the reality of this is that most moves following these events have been fleeting, especially with the central bank's ability to manipulate prices through derivatives and the paper markets.

So if there was one intrinsic data point we could point to that would ensure a near certainty for gold to move higher and higher in price, which one has the historic evidence to back this up?

How about when real inflation is higher than central bank set interest rates.

Chart of Consumer Price Index, 1800-2005

As we can see from the above chart, when the nation was on a gold standard from the start of the Republic to 1913, inflation was relatively flat except for the periods of war (1812 and 1860-1865) when monetary expansion was needed to conduct them.  And even during the time of the industrial revolution in the late 19th century, the set price of gold remained the same as it was in 1792 and where inflation barely grew at all.

It was only after the creation of a private central bank in 1913 that mirrored the ones controlling Europe that inflation really began to take off in America.  And it was this inflation, coupled with a devaluing of purchasing power of the dollar, that forced FDR to raise the gold price from $20 per ounce to $35.

Yet even this increase in the price of gold to keep up with the jump in inflation that took place over the 20 years from 1913 to 1933 was enough to sustain the dollar's purchasing power until the 1960's when the U.S. began to increase the currency's monetary base to pay for the extended war in Vietnam.  And this led to nations beginning to reject the dollar and demand redemption in gold which began to dwindle the nation's gold supply.

And with a smaller gold supply to back the ever increasing currency supply, the gold price was once again raised in 1972 to $42.22 per ounce.

One year later however, the dollar was completely removed from a gold backing and instead backed by the petrodollar agreement which as part of the deal with Saudi Arabia and the OPEC nations, allowed for a tripling of the oil price so that the U.S. could then triple their money supply.  And this is once again seen in the above chart around 1973 when inflation was finally let loose upon the public in an unprecedented way.

Of course we know from that point on the gold price was free to move as the market's saw fit, and as inflation turned into stagflation, and then high inflation (13% by 1979), the gold price eventually rose to near $850 per ounce before Paul Volker and the Fed did something drastic...

The raised interest rates from 11.5% to 21% over the next 18 months.

And with interest rates now finally being above Real inflation, the gold price began to fall, almost in tandem to inflation itself.

During the 1980's and into the early 1990's the Fed kept interest rates relatively high, and well above the rise of Real inflation.  And you can see on the chart that during this period inflation rose moderately and was easily masked by the economic boom that took place during the Reagan years.  But following the 1987 stock market crash, Alan Greenspan would soon take over control of the Federal Reserve and began to lower interest rates from 7.5% to eventually 1% following 9/11, and as such the gold price once again rose in tandem to real inflation being greater than set interest rates.


Image result for gold price chart 1992 - 2008

And ever since 2003, interest rates have never been above 4.5%, and have mostly been below 1%.

So what has been the REAL inflation during that time period?


Chart courtesy of Shadowstats.com

Around 2015 real inflation has begun to rise once again, and the Fed has summarily been forced to embark on a new rate hike policy that started in December of that year.  And even with three rate hikes over the past 18 months, interest rates are not even close to the real rate of inflation, and thus the gold price has remained constant despite the crash in the gold price between 2009 and 2011 when real inflation dropped by more than 50%.

So what does the future hold for gold both now, and in the coming years?  Well the Fed no longer has the ability to raise interest rates above real inflation since U.S. and global debt levels have made it impossible to do so without bankrupting all sovereign nations.  And this means that while the paper manipulators may succeed in holding down the price in the short run, the invisible hand of the markets will always win out, and rising inflation that is greater than central bank interest rates will mean that the gold price cannot help but keep moving up.

Monday, February 20, 2017

Former central bank Chairman gives a mea culpa to Ron Paul and admits the Congressman was right about the Gold Standard

Ever since Alan Greenspan left his office as Chairman of the Federal Reserve, he has embarked on a near decade's long 'roadshow' to try to rebuild his reputation as a fiscal conservative.  And one of the biggest things he has been pushing for has been the belief that gold is money, and that a return to some form of a gold standard would solve many of the world's current financial problems.

This of course is the ironic dichotomy with Greenspan, since he was originally a staunch advocate of the Gold Standard up until he took over the reins of the world's largest central bank.  And it was through his Keynesian style monetary policies of low interest rates and bubble creation that not only led to the financial collapse of 2008, but paved the road for the next two Fed Chairmen to expand upon his policies to absurd degrees.

But now that the former Fed Chair is out of the establishment, he has become once again a crusader for gold as money.  And over the weekend he even admitted that former Congressman Ron Paul was correct all those years when they stood toe to toe during House testimonies, and when Paul pushed Greenspan mercilessly for why we weren't heading back towards a gold standard today.

Image result for ron paul gold standard
Finally, buried at the very end of the interview was perhaps the most interesting statement by Greenspan : the former Fed Chair's implicit admission that Ron Paul was right all along: 
Q. Against a background of ultra-low and negative interest rates, many reserve managers have been large buyers of gold. In your view, what role does gold play as a reserve asset? 
When I was Chair of the Federal Reserve I used to testify before US Congressman Ron Paul, who was a very strong advocate of gold. We had some interesting discussions. I told him that US monetary policy tried to follow signals that a gold standard would have created. That is sound monetary policy even with a fiat currency. In that regard, I told him that even if we had gone back to the gold standard, policy would not have changed all that much. - Zerohedge
For those who may not know, back in the 1960's Alan Greenspan became the architect of electronic banking, as he was also an excellent computer programmer as well as an extraordinary economist.  And in a blueprint discovered by analyst Bix Weir on the website of the St. Louis Fed called the Road to Roota, Greenspan's plans entailed using electronic banking and fiat currency to expand and then implode the monetary system in order to bring it back to a state where a return to the gold standard would be both necessary and viable.

Since China has already stated publicly their end goal is to return money and trade to a gold standard in the near future, what remains is the question of whether the U.S. is both willing and prepared for such a sea change.

And ironically for the first time in decades, the U.S. has a President who is himself a believer in gold.

Tuesday, June 28, 2016

Former Fed Chairman Alan Greenspan says if we went back to a gold standard, the global monetary system would be fine

There is a new adage based off an old one that goes, in the land of negative interest rates, the one without yield is king.  This of course is a reference to our ongoing global fiat currency system that is now at $10 trillion in negative yields and counting, versus gold which intrinsically has no yield unto itself, but protects wealth by never losing purchasing power despite inflation or deflation.

And with the world's central banks at a nexus where they no longer have any options or solutions to stave off an oncoming liquidity and financial crisis, the architect of this system is changing his tune and advocating that the ONLY real solution, and answer to the world's monetary problems is a return to a gold standard.

Former Fed Chairman Alan Greenspan: "If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we'd be fine.  Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we've had in the United States, and that was a golden period of the gold standard.  I'm known as a gold bug and everyone laughs at me, but why do central banks own gold now?" - Zerohedge

Monday, March 14, 2016

Got Karatbars? Jim Willie states 'Lehman Moment' now ongoing and only solution is return to gold standard

Statistician and economist Dr. Jim Willie has a long and accurate track record of financial forecasts going back to before the 2008 Credit Crisis that changed the global financial system forever.  And following the Bank of Japan's failed new policy of negative interest rates a few week's ago, and last week's failed stimulus announcement coming out of the European Central Bank (ECB), Dr. Willie reported in his latest newsletter that a new 'Lehman Event' was already underway, and the debt crisis that nearly took down the world's financial system seven years ago cannot be resolved by what central banks have done, and are doing now through zirp, nirp, and quantitative easing.

In fact, Willie's only solution to stave off the meltdown that is taking place as we watch is for a return to the gold standard, and backstopping the over $230 trillion in sovereign debts with precious metals.

A systemic Lehman event is in progress, as the global financial structure is collapsing. The only remedy is the Gold Standard installation, which is happening, but its architects are from the East. They are labeled as enemies, when the root problem is in the Western banking hive. 
Following the Lehman failure, every possible wrong decision was made, in vigorous pursuit of continued fraudulent money and sustained criminal banking enterprise. To be sure, no solution or remedy or reform has been sought. What comes is a new systemic Lehman event, in a crash of the global bond, banking, and currency systems together. - Jim Willie via Silver Doctors
Interestingly, this new assessment by Dr. Willie comes just three days after the National Archives released documents tied to the 2008 financial crisis, and in them it showed that not only did the Federal Reserve not see the collapse coming, but former Fed Chairman Alan Greenspan said that the central bank was incapable for predicting any crashes despite having access to all the data, and employing hundreds of Ivy League economists.


Here is Allan Greenspan meeting with Dixie Noonan et al on March 31, 2010: 
This is a reason why the Board is getting an unfair rap on this stuff. We didn’t forecast better than anyone else; we regulated banks that got in trouble like anyone else. Could we have done better? Yes, if we could forecast better. But we can’t. This is why I’m very uncomfortable with the idea of a systemic regulator, because they can’t forecast better. 
This comes from the person in charge of the most powerful central bank in the world; a world which now is reliant exclusively on central bankers for its day to day pretend existence. - Zerohedge

However, several economists outside the banking system and government did forecast correctly the bursting of the housing bubble, and the subsequent credit crisis that led to the death of Bear Stearns and Lehman Brothers, and resulted in a taxpayer bailout that has now run into the tens of trillions of dollars.

There are always warning signs of a coming financial event if we choose to pay attention to them, and once again we are in one of these times.  And as we see with the current crop of 'financial experts' all around the world in places like Japan, Europe, and the United States, you will never be told when the next event will take place unless you bypass the so-called experts and look to those who don't have a stake in the game like the Peter Schiff's, Dr. Jim Willie's, and Gerald Celente's of the world.

And if these signs are now screaming at us a like a flock of black swans, and the solution appears more than ever to be a return to gold to save the global economy and sovereign currencies, how can you protect yourself and your wealth when all your investments and assets are tied to a system on the brink of collapse?

You can do so with a company called Karatbars



Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, Karatbars is working on a new e-wallet system that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Friday, July 31, 2015

Death of the American Dream: Home ownership falls to lowest level in nearly 50 years

When it comes to both the government and the Federal Reserve, trusting any program to either of these agencies is a sure fire way to destroy an industry.  And just as former Fed Chairman Alan Greenspan helped create the housing bubble that burst confidence in home ownership, the latter two central bank heads have finally killed it entirely.
On July 27, the U.S. Census issued its most recent home ownership data, with the results showing that Americans owning a primary residence are now down to the point where ownership is at levels not seen in nearly 50 years.
 
Read more on this article here...

Tuesday, February 25, 2014

What would you name the book that Chairman Bernanke is writing?

Now that the ‘Printer in Chief’, otherwise known as the former Chairman of the Federal Reserve is retired, the next thing on Ben Bernanke’s agenda is to write and publish a book on his 12 years in office, and to detail the thought processes used during all of the different crises and monetary programs the Fed implemented during his tenure.
In other words, like his predecessor Alan Greenspan, Bernanke wants to spin his culpability and bad decisions in an attempt to rewrite his horrible legacy.
 
Read more on this article here...

Senile former Fed Chair Alan Greenspan claims bubbles everywhere but U.S. markets

Even though the former Chairman of the Federal Reserve Alan Greenspan is too old to cut the mustard, he seems these days desperate enough to still try to lick the jar.  In a guest appearance on CNBC today, the former head of the U.S. central bank began blaming most financial worries on monetary ‘bubbles’ in foreign markets, while at the same time refuting that the Fed created highs in the Dow, Nasdaq, and S&P are not bubbles at all, but are simply strong economic indicators.


Read more on this article here...