Monday, 28 January 2013

"All that glisters is not gold...."

A very small humble cargo ship could do it, all in one go. As could about 100 trucks. Assuming the appropriate level of militarised security.  I'm talking here about the 1,500 tons of German gold stored, or allegedly stored, at the Fed in New York. As every schoolboy knows, the Germans now want it back.

And they'll get it.

But over a period of seven years!

What the hell's going on here?  Give any self-respecting gang of criminals the keys and they'd have the place cleaned out over a weekend. But this exercise will take seven years?  I've been reading all about it everywhere I can for the last few weeks and I can tell you this: I have found nothing that even approaches a logical explanation for the delay.

Unless of course the gold isn't there!  But what about the annual inventory audits conducted by the Budesbank?, you cry. Oh dear. There hasn't been one for a long long time. Well actually, reading between the lines it seems there never was a physical audit or stock check by the efficient Germans.

Here's the knee-slapping, eye-watering funny bit: They trusted the Fed!  Hilarious, isn't it?

So now yet another lunatic theory - that there's no gold in Fort Knox - has been lent respectability.

Interesting times indeed.

87 comments:

nastiestuncle said...

It's possible to create bars made of tungsten (almost the same atomic mass as gold), coat it with a layer of gold, then pass if off as a solid gold bar.
Some small gold bars were found to actually be tungsten bars recently in New York.

I'm not one for conspiracy theories but I'm keeping my eye on this gold transfer issue.

My suspicion is that a lot more gold has been sold than actually physically exists and therefore the real value of gold is a lot higher than it's current book price.
This would explain the current rush by the Chinese to acquire gold, although that could have other explanations also.

Dave C said...

You might not need 100 trucks Sav as seemingly all the gold ever mined would fit into a 25 meter cube.

http://money.howstuffworks.com/question213.htm

Richard said...

Remind me again, who was it developed the idea of fractional reserve banking?
You know the gig - it's where someone trusts the owner of a bank with their gold and the bank then issues them with a receipt. When the bank owner (usually having a name like Rothschild) realizes that the depositor rarely withdraws more than a small fraction of his gold at once - uses the remainder of this gold to buy assets cheap from desperate Goyim in times of economic hardship - usually at knock-down prices. Should the depositor require a sizable chunk of it back, why, it may take as long as seven years.

nastiestuncle said...

@Dave C

But each truck can only take a few tons.

nastiestuncle said...

@Richard 00:50

Love it or hate it, fractional reserve banking is part of the reason you are using a computer, live in relative safety and will live to see 80 rather than 35.

Used responsibly, it works and creates wealth. It's the scamming which screws it all up. But then scamming can screw it all up.

The truth will out said...

Tungsten, jewish alchemy?
Oy vey!

Anonymous said...

Love it or hate it, fractional reserve banking is part of the reason you are using a computer, live in relative safety and will live to see 80 rather than 35.

Had to respond to this bullshit. Central Bank shills of all kinds like to tell us that usury has enabled faster "economic growth" and technical advancement. For sure, usury has enabled the unsustainable extraction of non renewable fossil fuels to power an insane, consumerist throw away system where people live as virtual drones, divorced from nature and for the most part devoid of any spiritual fulfilment.

For those uncertain as to the definition of usury - it is not to do with the amount of interest charged, it is the idea of charging interest at all simply because it is money. People assume that interest on capital is the normal way of things - it is not, usury is literally the theft of time from one group of people to another - unseen, but nevertheless, real exploitation which is why it forbidden for Jews to do it to each other and used to be forbidden in Christianity until ... well google it!

For anyone concerned with the invasion of Europe, an understanding of how the financial architecture is constructed and who controls it is essential.

Schaublin

Dan said...

Arch Villain from Diehard III Jeremy Irons stole it all.

Anonymous said...

Found this quote on wikipedia of all places!

Outlawing usury did not, as one might guess, prevent investment. What it stipulated was that in order for the investor to share in the profit he must share the risk. In short he must be a joint-venturer. Simply to invest the money and expect it to be returned regardless of the success of the venture was to make money simply by having money and not by taking any risk or by doing any work or by any effort or sacrifice at all. This is usury. St Thomas quotes Aristotle as saying that "to live by usury is exceedingly unnatural"

Schaublin

nastiestuncle said...

@Anonymous 02:16

So if I wanted to start a business but did not have the capital, would it not be reasonable for me to borrow the money then pay it back with interest to reflect the fact that the lender had provided me with a service and risked their capital?

I don't see how anyone could have a problem with that. It's the same with borrowing anything, whether a ladder, a saw or a jet-ski - you make a payment to the lender for making use of whatever you have borrowed from him.

Anonymous said...

@nastiestuncle. My suspicion is that a lot more gold has been sold than actually physically exists and therefore the real value of gold is a lot higher than it's current book price.
This would explain the current rush by the Chinese to acquire gold, although that could have other explanations also


That is correct. Probably about 100:1 The desire to own gold has been slaked by selling ETFs and other forms of paper gold. For every hundred people that think they own an ounce of gold, only one ounce exists. It is a giant game of musical chairs and we are very close to the point where the music stops.

Schaublin

nastiestuncle said...

"consumerist throw away system where people live as virtual drones, divorced from nature and for the most part devoid of any spiritual fulfilment."

So it's back to a hunter-gatherer lifestyle for you then, but maybe that is not best for everyone else.

Ivan Shatov said...

Shaublin,

Glad you clarified your original post to sharpen the point you were making. Of course, Aquinas is correct. As was Belloc and all Church fathers until quite recently when the Church became Judaised.

Our own troll, can't seem to find the intellectual honesty to address your points and instead engages in the ugliest Jew trick of all - sneering dismissal.

You, my friend Schaublin, are of course precisely correct.

Anonymous said...

@nastiestuncle. Borrow the money from whom? If you borrow the "money" from a bank, the money is created out of thin air as soon as you put your signature to the loan. There is zero risk to the bank. If the banks go too far and the debtors cannot pay, the State steps in and puts the taxpayer (slave) on the hook for the next 25 years to bail it out.

Schaublin (my name)

katana said...

A good introduction to how jews started to gain their power over us.

------------------------------------

http://jenab6.livejournal.com/30535.html

The origin of the Jewish money power


During the middle ages, gold coins were used as money. Gold is heavy, and thieves often tried to steal it. So people who had a lot of gold, but who didn't have any safe places of their own to keep it, began renting strongboxes from others who promised to keep the gold secure. For a fee, of course. Think of it as a rented locker for gold coins.

Most of the people who owned the deposited gold were European nobles. Most of the people to whom the gold was entrusted for safekeeping were goldsmiths, and most of the goldsmiths were Jews. Whenever a European noble would leave some gold with a Jewish goldsmith for safekeeping, he would get a receipt for the amount of gold he'd deposited, and by this receipt he would claim his gold again when he had need of it, reduced by the amount the Jew charged as his fee.

As the years went by, the nobles discovered that they could use the receipts as money of the "bearer bond" sort. Whenever the noble wanted to buy something, he didn't like to go running to the Jew to make a partial withdrawal of his deposit (especially since the Jew was charging for that service also). Instead, when he made his deposit, he had the Jew write him receipts for 1%, 5%, 10% portions of the gold on deposit, which added up to 100% altogether. And when the noble bought something from somebody, he would sign over the ownership of one of these fractional receipts to the seller. By this means paper money came into common use. Originally, it was a certificate by which an amount of precious metal could be claimed.

For a while, it is possible that the Jewish goldsmiths were scrupulously honest in their accounting. Maybe. But things didn't stay that way. Over time, the Jews discovered that the nobles had come to rely on their paper receipts as money, and they hardly ever came to call upon him for a return of their deposited gold. By careful estimation, the Jews calculated that they could safely begin using about 90% of this gold as they pleased. So what they started doing was lending the gold to third parties at interest. The Jews had no right to do this, since the gold didn't really belong to them, and each loan carried a risk of default or of simply being stolen by thieves.


1/3

katana said...

2/3

Remember that the whole point of the Jews keeping the nobles' gold was to keep it safe, in a strongbox, so that thieves would not have an opportunity to steal it. So not only did the Jews begin taking income from lending valuable property that was not theirs to lend, the very act of their using the deposited gold in this manner was a breech of contract with the nobles who really did own the gold. The Jews had begun putting at risk what they had promised to shield from risk.

More time went by, and a further financial development came about. Instead of releasing any of the gold right away, the Jews started writing promissory notes on the deposited gold. That's a note that promised to pay gold to someone who borrowed it—from the Jewish goldsmith, who didn't really own that gold that he was promising to pay with. So now there was, upon each coin of gold in the Jews' strongbox, two written instruments by which it might be claimed. The first one was the receipt that the Jew had given to the noble, whose property the gold really was. The second one was the promissory note that the Jew had given to a borrower. And both the receipts and the promissory notes entered general circulation as paper money.

Since the Jews had taken the step of creating more possible claims on gold coins than could be satisfied by the number of gold coins they had, there didn't seem to be any reason for them to hesitate about issuing a second promissory note upon each gold coin, and then a third, and so on. And charge the full rate of interest against each borrower, as if they could have paid them all in real gold.

But, although each gold coin could be claimed by more than one written instrument, the rate at which the Jews had to produce the actual gold coins was low enough that they never got caught short. If anyone had known that the Jews would be caught short of gold were all of the possible claimants to present their demands, there would have been a "run on the bank" as each depositor and each borrower tried to make sure that he wasn't one of the persons upon whom the Jew would have to default. But by maintaining the illusion that there was enough gold to pay everybody, the Jews were able to continue making promises to pay that they could not keep, and so they were also able to continue extracting interest on loans of gold whose aggregate principal was several times greater than the amount of gold (other people's gold!) that was actually in their strongboxes.

This was sort of a gamble for the Jews, during these early days of the Jewish banking swindle. If the nobles and the kings had caught on to the Jews' tricks soon enough, then matters could have been set aright by having the king's soldiers forcibly seize all the gold and execute the offending, presumptuous Jews. But the European nobility did not catch on in time, or else they did not see where the Jews were going with their scam and so did not muster the necessary amount of concern to nip it in the bud. And so the devil's seed grew. The Jews kept getting richer and richer by lending out other people's gold, and lending it in several different directions at once, while the working classes kept getting poorer and poorer because of the interest that the Jews charged on their loans.

katana said...

3/3

Eventually, the Jews had so much money by this means that kings who found themselves in need of funding started coming to them for loans, which meant that the Jews began to have financial leverage over the governments of Europe. Leverage that could be used, for example, to start wars. The Jews had an incentive to start wars because, being expensive, wars forced governments to borrow from them further and going ever more deeply into debt, which provided the Jews with an income from the interest thereupon. The more war, the more borrowing, the more debt, the more interest, the more wealthy the Jews got, the more the Jews could incite more wars, forcing governments to do more borrowing... and so on.

"Get hold of fifty of the wealthiest Jewish financiers, the men who are interested in making wars for their own profit. Control them, and you will put an end to it all." (Henry Ford, writing in the Cleveland News, 20 September 1923).

And that's why Europe's history went the way it did, for the past 400 years.

Several Jewish families, including the Rothschilds and the Warburgs, formalized their financial swindles as banking houses. It was still the same assortment of cheats and tricks, only now it had a patina of respectability from the spaciousness of the lobby, the sumptuousness of its furnishings, the dress and grooming of its employees, etc. And this predatory Jewish activity continues today as the Federal Reserve System, the Bank of England, the House of Rothschild, and other institutions that might strike you as respectable until you know what they really are.

-------------------------

Anonymous said...

@ Ivan Shatov. Thanks. I have tried (mostly) unsuccessfully to explain the vital importance of the role of usury in the degradation of ordinary people - in forums where most posters are otherwise pretty clued up about the rotten nature of Central Banks and their role in the slow destruction of the European peoples.

Schaublin

nastiestuncle said...

Schaublin 02:57

"Borrow the money from whom?"

Someone with money like my dad.

"If you borrow the "money" from a bank, the money is created out of thin air as soon as you put your signature to the loan."

I have heard that this happens in the modern system.

"There is zero risk to the bank."

So if a bank can make its own money and do what it wants with it, why then do they get in trouble when they make bad investments? They can create money without risk to themselves, right?

"If the banks go too far and the debtors cannot pay, the State steps in and puts the taxpayer (slave) on the hook for the next 25 years to bail it out."

That's the problem of the government and has nothing to do with fractional reserve banking nor my contention that paying someone for the privilege of borrowing their money is not a bad thing.

Now the next thing: I want you to find me a villa in Majorca which I can rent without having to pay, since paying to use another's assets is apparently a bad thing. I also want the free use of a car, boat and a nice 0% loan of £3000 for the duration.

Anonymous said...

@nastiestuncle. Instead of making stupid comments which only highlight your ignorance, why don't you actually go and do some reading about usury - and debt based money for that matter. For people brought up in a system, it can be extremely difficult to grasp concepts that are at odds with that system - even if the concepts are not that complex. It is not so much to do with intelligence (but that always helps), it is to do with an open and honest desire to learn.

Good luck.

Schaublin

nastiestuncle said...

Hmmmmm.

You haven't told me why it's bad to pay someone to borrow their money.
Or how a bank can get in trouble for making bad loans if there is no risk to the bank in making a loan.
Or how it's the bank's fault that the government wants to throw public money at them.

nastiestuncle said...

I've just googled usury and it appears that we have been talking about the wrong thing all along.

You said: "For those uncertain as to the definition of usury - it is not to do with the amount of interest charged, it is the idea of charging interest at all simply because it is money."

Whereas the actual definition of usury is the making of unethical or immoral monetary loans (ie with excessive or abusive interest rates).

So I was right all along: there is nothing wrong with charging interest. It IS the amount of interest which makes it usurious or not.

This entire argument happened because you were pretending that usury means lending with interest rather than the real definition which is lending with excessive interest.

Tsk, and it's me who has to go and learn, eh?




Dan said...

Nastiest cant even produce the paperwork for evidence of his Norman roots. Good luck with producing physical gold. He can't even give a name. Which is simply a word.

Dan said...

The church forbade lending period. Technically a Muslim can't land either. They do it differently but lending at interest is highly problematic in the monotheistic religions.

They did of course find ways around it. Various monastic orders did lend. Generally they became do powerful that they were dissolved and seized by Kings. Henry vIII and which ever french King killed the Templars. It's a tricky subject. My thing would be to allow a disposable minority do the dirty work and then liquidate them at the moment they become troublesome. Like Edward I

nastiestuncle said...

@Dan 04:09

Stop stalking me you freak.

Anonymous said...

@nastiestuncle. Well, I gave you the benefit of the doubt but your last post proves beyond doubt that you are either a liar or cannot manage more than the first paragraph in wikipedia.

Most posters here have concluded you are a Jew troll of some sort - if so, I am somewhat heartened as if that is the best the hasbarats can do, we do not have much of an opponent.

Anonymous said...

@nastiestuncle. Well, I gave you the benefit of the doubt but your last post proves beyond doubt that you are either a liar or cannot manage more than the first paragraph in wikipedia.

Most posters here have concluded you are a Jew troll of some sort - if so, I am somewhat heartened as if that is the best the hasbarats can do, we do not have much of an opponent.

Schaublin

(forgot sig)

Dan said...

You made an easily disproven lie. I merely dissected the lie in public. As Nixon pointed out after he exposed Alger Hiss, it's all about catching the liar in the lie. Then ... Then you'll find out what happens next.

nastiestuncle said...

@Schaublin 04:41

No Schaublin you owned yourself and you got angry.

Anonymous said...

Deuteronomy 15:1

The jews at the fed are just giving them the finger.

Anonymous said...

perhaps the Americans are planning on swapping thier niggers for the German's gold. Now that would be a smart move.
Paris Claims

The truth will out said...

Frankly I've got to give credit where it is due and say this is the first time I've ever seen anyone try and put forward the notion that debt slavery through usury is in fact a gift unto nations and not an evil scheme to enslave a nation and its peoples.

Well done nastiest filthiest juden, for you really have excelled yourself this time.

I reckon Mischling should dock you a few days wages for that one, you absolute tool.

Debt slavery through usury, the gift unto nations, from the Satanic tribe a truly black light among the nations...

secessionNotChewinggum said...

From Jewish Publication Society 1917 Tanakh. Christian verses in parentheses.

Exodus 22:24 (25) — If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor; neither shall ye lay upon him interest.

Leviticus 25:36 — Take thou no interest of him or increase; but fear thy God; that thy brother may live with thee.

Leviticus 25:37 — Thou shalt not give him thy money upon interest, nor give him thy victuals for increase.

Deuteronomy 23:20 (19) — Thou shalt not lend upon interest to thy brother: interest of money, interest of victuals, interest of any thing that is lent upon interest.

Deuteronomy 23:21 (20) — Unto a foreigner thou mayest lend upon interest; but unto thy brother thou shalt not lend upon interest; that the LORD thy God may bless thee in all that thou puttest thy hand unto, in the land whither thou goest in to possess it.

Ezekiel 18:17 — that hath withdrawn his hand from the poor, that hath not received interest nor increase, hath executed Mine ordinances, hath walked in My statutes; he shall not die for the iniquity of his father, he shall surely live.

Psalm 15:5 — He that putteth not out his money on interest, nor taketh a bribe against the innocent. He that doeth these things shall never be moved.

Franz said...

Wrong questions!

What good IS gold? The industrial uses of gold remains highly limited.

"Rare"? That means nothing. Black cats are rare above the Arctic Circle, why aren't they worth a fortune at those latitudes?

Bonds for work (google B.Franklin on American Colonial Script) need NO backing of any kind, save the productivity of those who use it instead of "precious" metal.

The issue of gold devolves on why anyone ever thought they needed it. (Limited industrial uses excepted.)

No classical civilization "rose" because they had lots of gold; they rose because they trusted each other. Gold came later, destroyed the trust then the civilization.

The Jewish issue and the gold issue are historic relatives. Bronze Age civilizations, pre-money, used gold as decorations and status symbols. Stupid, perhaps, but they had no Jews either.

The truth will out said...

A few months ago I was stunned by an article that claimed silver was now a more precious metal than gold.
It seemed to be legit but the figures produced made no sense, it suggested that there was more gold in circulation than silver.

I remember speaking with my old man about this and while we were both sceptical we conceded that what with all the alternative 'truth movements' controlled and piloted by juwes [The Juif Movement?], promoting the buying up of gold (Zeitgeist the movie, Alex jones etc) that there may be more truth to this than first glance would suggest.

You see the whole idea of reverting back to the gold standard has certain charms when under the illusory spell of the juden, yet take a small step back and consider who owns the majority of all the gold reserves.

Why take down the banks and free ourselves from the eternal debt slavery of usury Fiat fractional reserve banking, only to return the same people back into the very same positions of power?
That simply makes no sense to a humble Goy like me.

Then I found more and more articles like this

Perhaps the millennia old practice of the art of alchemy stopped when the juden discovered Tungsten, just think... who needs gold, when all you need is an element that holds approximately the same atomic weight as gold and it just so happens can be easily produced and gold plated, stamped registered and sold onto unsuspecting Goys & Goyls.

One of the first things we can do is extricate ourselves from the love of money and material wealth, it is the root to all evil.
There ain't no-one more in tune with Satan than the tribe, throughout history who else has learnt how to poison the soul and exploit the weaknesses better than the Talmudic tribe of Satan.

Anyway here are some more articles about the Tungsten filled gold bars


Oy vey! Qvuick Moishe book the tickets ASAP the goyische swine are catching onto the scam, these filthy anti-semite nazi goyim are going to get all irrational and unjustifiably persecute us again. Just think of the sufferinks!!

Anonymous said...

Sorry, but completely O/T.....
I cannot be the only person to have watched Prisoner Number
A26188 BBC1 sunday night.
Many commenters on this site and others routinely refer to the holocaust as the holohoax.
Any comments? I genuinely interested.
Paris Claims

Croesus said...

'My suspicion is that a lot more gold has been sold than actually physically exists and therefore the real value of gold is a lot higher than it's current book price.'

Nastiest Uncle, I think you're on the ball there. There's every reason why this would have happened over recent years.

Roem said...

For a while, it is possible that the Jewish goldsmiths were scrupulously honest in their accounting.

Thanks for that katana. Haven't had such a good laugh in a long time.

The truth will out said...

"I cannot be the only person to have watched Prisoner Number
A26188 BBC1 sunday night.
Many commenters on this site and others routinely refer to the holocaust as the holohoax.
Any comments? I genuinely interested.
Paris Claims

29 January 2013 11:17


Yes certainly, only too happy to help
Lies and the lying liars that tell them

I've also linked in the past a video regarding the persecution of the revisionists that has amazing footage of the labour camps at the time... though you of course know that, only each new dawn brings with it a reset switch, whereupon you can then claim no such evidence was ever produced...

The Holocaust Unveiled - Persecution of Revisionists (full)
You can jump straight to the 11:25 min mark to go straight to the horror of the 'nazi death camps'...Oy vey the sufferinks

Elaine said...

Paris Claims. Watched The Prisoner for a while but couldn't make head nor tail of it. Sorry.

Anonymous said...

@ the truth will out
I'll take a look when I've got a bit more time. Over 3 hours!
Thanks,
Paris Claims

Anonymous said...

Paris google for One third of the holocaust.An eye opener IMHO.

Dan said...

Luton Leicester and Slough... All minority white British.

Astonishing. Hopefully the other whites are just cheeky Irishmen and Americans right?

nastiestuncle said...

@Franz 10:20

Gold is suitable for investing in because in "uncertain" economic times it makes an excellent portable source of wealth which is recognised by all and can be used to buy anything.

However it is not immune to becoming another "bubble", so it's essential to take physical delivery of the gold rather than a piece of paper IOU.

If and when society breaks down, gold can be used to buy food, weapons, shelter and protection whereas paper money, share certificates and other bits of paper become worthless. It's also very easy to bury somewhere away from the hands of the government.

David said...

I have been reading “The war for civilisation-The conquest of the middle east” by Robert Fisk (Hardback Ed) a book that covered RF career in journalist in the Middle East and the many conflicts he had visited, it gives a lot of background history of the area, it also contains some nuggets like this:

“Much less legal, however was a secret operation – much of it still undisclosed in Israel itself – in which Israeli military technicians were sent to Beijing throughout the mid-Eighties to re-fit and modernise hundreds of Soviet-made tanks and heavy artillery for the Chinese Peoples Army. The Israeli personnel, many of them working for commercial weapons companies inside Israel, flew to Beijing with the tacit permission of the Israeli government, upgrading the Russian tanks with new fire-control systems, laser range finders and- in some cases- new guns, many of which contained sensitive instruments of American manufacture. Israeli technicians flew to Beijing via Copenhagen and Bangkok – always using Scandinavian Airlines and choosing the one route to China which passed over friendly territory all the way. They worked in three month shifts in Chinese ordnance depots, their equipment sent by sea from the Israeli port of Eilat” (pages 950-951)

So there you have it folks the friend and ally of America, selling military state of the art technology to its enemy.

Anonymous said...

get it back????? thats like trying to get a nigger to leave a tip in a resturant.

Anonymous said...

RE: Prisoner number A26188

"People were dying - there were 30,000 people that died after the liberation."

That she knew of, in one spot.

I find that credible.

Anonymous said...

"all the gold ever mined would fit into a 25 meter cube" (Dave C 00:07)
That is around 15000 cubic meters, and 1 cubic meter weighs 19,3 metric tons.
At 20 tons per truck, more than 14000 trucks would be needed to transfer all the gold ever mined...
Besides (nastiest 23:30) atomic masses of gold and tungsten are quite different (196 vs 183 respectively). It's the density of both which is almost identical, at 19,3...

nastiestuncle said...

@Anonymous 16:09

"It's the density of both which is almost identical, at 19,3..."

I stand corrected.

eleos said...

So there you have it folks the friend and ally of America, selling military state of the art technology to its enemy.

David, they've been doing that since the foundation of the state. Stealing secrets from the US and then selling or trading them onto
the USSR and anyone else who'd pay. Whether said countries were a danger to the US was of no importance to them.

Anonymous said...

They supplied the Argies with weapons during the Falklands war.They also used Irish passports whilst killing camel jockeys.

Anonymous said...

Nick Griffin has a great post on the zionist EDL.Well worth a read.

00:43 said...

@ Schaublin-I liked your first post a lot. You're dead right. And Katana's history of banking was also very good. We're living in a con job world. I'm at work and at lunch people are talking about how broke they are and that they can't wait for payday. They've been saying the same thing all their working lives.

Dame Edith said...

katana, your brief history brilliantly summarized and simplified what could have been a turgid and inaccessable subject.

Thank you!

Anonymous said...

Paris Claims 11:17: "Sorry, but completely O/T.... I cannot be the only person to have watched Prisoner Number
A26188 BBC1 sunday night.
"

I don't watch talmudvision any longer, but here ya go:

Holocaust Revisionism for Beginners ... HERE.

The premier H.H. Archive website ... HERE.

nastiestuncle's alter-ego

Wolfhound said...

Does anyone know of a direct link between FRB and QE or am I barking up the wrong tree here? If there is, then surely the evidence is there to connect usury directly to the inevitable implosion of the global financial system as we know it.

@ Paris Claims

I didn't see it, but I just read the synopsis on the site and get the general idea.

Incogman recently wrote an informative piece on the subject. If you would like to read it, it's here: http://incogman.net/2013/01/the-holocaust-what-really-happened/

Wolfhound said...

In addition to my last post, some nasty effects of QE here: http://www.telegraph.co.uk/finance/financialcrisis/9834247/QE-has-left-companies-with-a-90bn-pension-bill-MPs-told.html

Just posted today on DT.

Anonymous said...

The following video succinctly explains how the gold/fiat money system operates in a fun fashion that anybody can understand. Many have seen this animated feature, and many have not.

http://www.youtube.com/watch?v=RrwbgdtbdXE

ELN

Uncle Nasty said...

.
While we seem to be on the subject of money (or what really happened to it) I am sure that you will find this interesting ...

http://vidrebel.wordpress.com/

So What Does An American Deficit Of $916,666,666,667 A Month Mean?

Posted on January 28, 2013 by horse237

Professor Laurence Kotlikoff tells us that if we use Generally Accepted Accounting Principles (GAAP) which requires corporations to acknowledge debts as they accrue that America’s debt is 211 trillion dollars and not the more than 16 trillion in outstanding Treasury bonds. The real shocker is that our debt grew by 11 trillion dollars in 2011. That is $916,666,666,667 a month. There are 31,536,000 seconds in an ordinary year (60x60x24x365). This works out to $347,705 a second. Try to get the people you talk to to wrap their minds around these numbers because we have to start a national dialogue.

The United States and Great Britain are both in the midst of the greatest Bubble in history. When our over priced Treasury bonds collapse in value, both nations will enter the worst Depression in 500 years of Western civilization. Not that I would recommend the euro or the Japanese yen. They will die too.

We have to completely reform the system before the federal government goes bankrupt, declares a bank holiday and the dollar crashes. We need to overhaul several systems at the same time. Need I remind you that I previously predicted that over a thousand American cities, counties and local agencies would go bankrupt in 2013 and that will add 2 trillion dollars to its big 16 trillion dollar plus pile of bonds.


As I am admittedly an economic dunce, I cannot say if this is truth or fantasy.

I still believe that there is a horde of wealth ... somewhere. We just have to find it ... and burn at the stake, those who stole it -- per encourager les autres.

Can someone who is more qualified, clarify?

UN
.

Anonymous said...

@Uncle Nasty. Money is not wealth, it is a claim on wealth. The real world of land, mines property, factories is not hidden - what is hidden is who has the claim on it and more importantly, how many people think they own the same thing!

The debt as money system works fine as long as there is "growth". When growth slows or stops, the money system loses contact with the real world.

Schaublin

Franz said...

@ nastiestuncle 13:45 --

Textbook answer, but not true.

There are much better ways to "hold value" now than gold.

Paul Craig Roberts bought high-value sports cars and did far, far better than gold would have done.

Average and slightly below average-income Americans are rightly buying guns instead of bullion. Makes more sense. A cheap rifle will become MUCH more valuable than a gold bar after another year or so of Oh-Boo-boo.

Anonymous said...

@Franz. Bizarrely, despite the ridiculous amount of trolling the nastiestuncle does, his opinion on gold is quite correct. History is the best teacher of human behaviour and physical gold has always been a store of wealth. The purchasing power of gold always increases during times of crises because all other types of "money" have counter-party risk and the trust in the political system that backs them is always transitory.

While I agree that investment now in tools, productive land and universally useful non perishable goods is a wise decision, for flexibility in future decisions, physical gold is the only way to preserve purchasing power through time.

Schaublin

Anonymous said...

Professor Laurence Kotlikoff tells us that if we use Generally Accepted Accounting Principles (GAAP) which requires corporations to acknowledge debts as they accrue that America’s debt is 211 trillion dollars and not the more than 16 trillion in outstanding Treasury bonds.

This discrepancy is what death panels will resolve.

Uncle Nasty said...

.
I still feel the best investment in metals is the SKS.

http://en.wikipedia.org/wiki/SKS

At eight and a half to nine pounds and a retail price of more or less US$250.00, that is 144 ounces at (approx.) $1.74 per ounce.

The same amount of loot will get you 1000 rounds of Russian commercial soft point ammunition (Brown Bear)

http://brasstard.com/2009/12/16/in-review-7-62-x-39-ammo-foreign-vs-domestic/

Weight ... approx 17 Kg or 36 pounds.

Even better value for money at just under US$0.50 an ounce.

All the gold in the world is not worth the furry little crack of a rat's arse if some third-world thug with a rusty can opener -- or a corrupt cop or politician -- can simply take it from you.

There is a quote (probably apocryphal) supposedly from Admiral Yamamoto of the Imperial Japanese Navy, which goes:-

"You cannot invade the mainland United States. There would be a rifle behind every blade of grass."

I have a feeling that we will find out the truth of this sentiment, before I shuffle off this mortal coil.

UN
.

Uncle Nasty said...

.
Anonymous said...

Paris Claims 11:17: "Sorry, but completely O/T.... I cannot be the only person to have watched Prisoner Number
A26188 BBC1 sunday night."

I don't watch talmudvision any longer, but here ya go:

Holocaust Revisionism for Beginners ... HERE.

The premier H.H. Archive website ... HERE.

nastiestuncle's alter-ego
29 January 2013 19:58


Thank you for those links ... solid gold.

UN
.

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nastiestuncle said...

@Franz said...

"There are much better ways to "hold value" now than gold.

Paul Craig Roberts bought high-value sports cars and did far, far better than gold would have done."


Yes, but I am talking about an investment in gold as being safe during times of uncertainty. If someone is buying gold for this reason, the importance is not on whether or not the gold will increase a person's wealth, it is on whether or not the gold will buy the next meal, or prevent rape or murder.

"Average and slightly below average-income Americans are rightly buying guns instead of bullion. Makes more sense. A cheap rifle will become MUCH more valuable than a gold bar after another year or so of Oh-Boo-boo."

A rifle is an excellent investment when it comes to protecting something, such as gold for instance, but a rifle on its own will not buy lunch unless you are willing to use the rifle to steal lunch. If the shit hits the fan in the US, then it is unlikely (but not beyond the realms of possibility) that a white person with a rifle will use that rifle to steal food from another white person within their own community.
In this case, it's more likely that a gold coin will buy lunch but a rifle will protect the pocket which contains the gold coins.

In the event of catastrophe, the man with a rifle, gold coins, a can opener, a bottle with sterilising tablets, a lighter and a fenced-off compound will fare better than a man with some but not all of those things.

nastiestuncle said...

Further, come problem times, a man driving a fuel hungry sports car makes himself a target and finds that his $2,500,000 Bugatti Veyron becomes a $0 lump of metal when he is shot off the road or runs out of fuel, before he himself is shot.

A 1985 4x4 pickup truck would make a better investment in this scenario.

Anonymous said...

That little bit of Africa that PK and worldstarhip dot com your home of chimpout videos says occured in Apelanta is in fact from Limerick see the downmarket streets and the misbehaving unintelligble speaking incomprehensively. Straight outta Rathkeale baas!

SAVANT said...

UN, I'm not a financial expert either but I think that you've struck on something about 'the wealth being there somewhere'.

Unsophisticated, true. Nonetheless for every debit there has to be a credit. So the same amount of wealth is sloshing around, it's just that different people have it.

And I think we can all make a smart guess as to whom that may be.

It also sugues in with my theory that the relevant governments can monetise their debts by just printing more and more cash, as I pointed out a few posts ago.

Henry IX said...

"You cannot invade the mainland United States. There would be a rifle behind every blade of grass."

I have a feeling that we will find out the truth of this sentiment, before I shuffle off this mortal coil.


Let us hope so, UN, let us hope so.

nastiestuncle said...

@Uncle Nasty 20:54

America is not 211 trillion in debt at the moment. The 211 trillion figure comes from future promises the US government has made. For example the main bulk of this figure comes from future healthcare liabilities for the aging population to be provided by the federal government. Some of this figure will be met by future taxation and some by future borrowing.
So unless the US government goes back on its promise to fund this healthcare, it will have to find 211 trillion dollars.

Even the layman (of which I am one) can see that the USA will not be able to raise these kinds of funds, especially when considering that the US is 'printing' $100 billion per month just to stay afloat at the moment.

So what will happen?

Taxation will rise up to the point at which the taxpayers say "no more". Result: rebellion of the white citizens, the welfare recipients no longer get their foodstamps and Obamaphones and attack the wealthy neighbourhoods, no-go areas, general mayhem and murder.

The government prints money like mad. Result: everyone becomes destitute a la 1920s Germany, naughties Zimbabwe, etc. Massive social unrest, starvation, violence.

The government does not provide the previously provided healthcare. Result: non-payment of taxes, geriatric die-off, social unrest.

The government decides not to pay its debts. Result: American power greatly reduced, social unrest, world power vacuum filled by oppressive states like China, slavery, genocide, war.

________

In terms of hordes of wealth. The vast majority of wealth amongst the wealthy is invested; it isn't held in bank accounts. So a global financial meltdown will wipe out the richest of people as well. The only people who will be relatively safe are those with massive stocks of land, property, precious metals, resource mines, food production facilities and so on.

If you take the worldwide derivatives market, which is many times higher than the actual value of the world, there are many rich people and organisations who all think that they own the same assets because these assets have been sold multiple times over. When that particular bubble unfolds there will be a lot of corporate lawyers making millions and a lot of rich people losing their shirt off their backs.

Uncle Nasty said...

.
Another unlikely (when you first think of it ...) source of wealth in the coming collapse will probably be -- tobacco.

Very easy to grow, not prone to disease or infestation and, like it or not, smoking does have a great deal of benefits for a great deal of people.

Another one will be hemp. Not marijuana ... hemp. They may be related, but they're not the same.

http://stuartbramhall.aegauthorblogs.com/2012/02/20/the-politics-of-hemp/

Once, one of the biggest cash crops on the planet, read about how DuPont, Hearst and Mellon started a campaign that vilified hemp and forced its prohibition ... mainly to remove competition to themselves and their own products ... nylon, wood paper pulp, you know the drill.

Henry Ford himself manufactured the body of an automobile from hemp-based plastic in 1941. The plastic was much lighter than steel and could withstand ten times the impact without denting. The car was even fueled by clean-burning hemp-based ethanol fuel.

Interestingly enough, the US, although forbidding the domestic cultivation of hemp, imports thousands of tons of it ... from China.

http://www.sdearthtimes.com/et0199/et0199s11.html

Check them out.

UN
.

Anonymous said...

@Savant.

Unsophisticated, true. Nonetheless for every debit there has to be a credit. So the same amount of wealth is sloshing around, it's just that different people have it.

Wrong. If Someone owes you money and he does not have it, your credit does not exist. Same applies on a bigger scale with pensions, States etc.

The same amount of wealth is sloshing around - true, because wealth is real stuff not money - which is a claim on real stuff.

I do note a distinct lack of understanding about economics on this blog - apart from nastiestuncle who, notwithstanding all the ridiculous trolling he does, does understand it. Strange eh?

Schaublin

Croesus said...

Taxation will rise up to the point at which the taxpayers say "no more". Result: rebellion of the white citizens, the welfare recipients no longer get their foodstamps and Obamaphones and attack the wealthy neighbourhoods, no-go areas, general mayhem and murder.

NU, I think you underestimate the value of being able to print your own money while being a reserve currency. This will mask the underlying problems for a very long time. While some major countries may be entering into bartering-style arrangements, any small one that does it will get invaded pronto and have democracy imposed.

Dan said...

Wealth is your arsenal of advanced weapons. The ability to conduct combat is a universal currency.

Dan said...

The basis of the modern US economy is very similar to Caracala's idea to grant citizenship to all subjects of the empire.

Invade everyone, invite everyone.

They might as well stamp it on the cash they print. E Pluribus Unum isn't that much different I guess.

kulak said...

@Savant, UN

Unsophisticated, true. Nonetheless for every debit there has to be a credit. So the same amount of wealth is sloshing around, it's just that different people have it.

The value investor makes his money when he buys the stock.

Corollary: The bagholder lost his money when he bought.

A buys the initial offering at 10. A sells to B at 20 (+10). B sells to C at 40 (+20). C sells to D at 80(+40). Then the instrument becomes worthless.

D is out 80. The company got 10. A got 10. B got 20. And C got 40.

The current market price of anything is a matter of mass psychology. This value (one against which people are allowed to borrow) can vanish into thin air.

The debt does not though, as long as the state is willing to enforce it or, in the case of default, bails out the creditor with fiat money (which steals from all other holders of that money.)

The villains are the state and the creditors acting in concert.

Conspiring, even.

Uncle Nasty said...

.
I find this unbelievable ... The DHS (Department of Homeland Security) is feeling ... insecure.

http://www.breitbart.com/Big-Government/2013/01/28/DHS-Seeks-7-000-AR-15s-With-30-Round-Magazines

DHS Seeks 7,000 AR-15s with 30 Round Magazines for 'Personal Defense'

by AWR Hawkins
28 Jan 2013

According to New York state Senator Greg Ball (R), the Department of Homeland Security is seeking 7,000 self-defense weapons--all of which are AR-15 variants.

These are the very weapons Sens. Dianne Feinstein (D-CA), Chuck Schumer (D-NY), and Joe Manchin (D-WV), have been telling us nobody needs for self-defense. Apparently, DHS disagrees.

As I wrote on January 14th, a "Personal Defense Weapons Solicitation" was circulated within DHS describing an AR-15 variant as "suitable for personal defense." Now, 7,000 such weapons are being sought.

DHS is also seeking 30 round magazines for use with all the rifles.


At the risk of being redundant, I have to point out that these rifles are not being requested to assist the DHS in their "duties" -- such as they are. They are for "personal defense".

This is obviously over and above the four hundred and fifty million rounds (yup ... 450 000 000) of hollow-point .40 cal. pistol ammunition ordered by the feds, last year.

I cannot believe the irony escapes them. They are obviously taking the piss ...

UN
.

Daniel said...

UN, the DHS does not do irony.

IMHO they're ramping up for an internal war. There really is no other way to look at it. That's also why they're packing their ranks, and those of the TSA, with 'minorities' of all kinds.

Uncle Nasty said...

Daniel said...

UN, the DHS does not do irony.

... That's also why they're packing their ranks, and those of the TSA, with 'minorities' of all kinds.


The real irony, here, is that packing the DHS with third-world trash like niggers and beaners simply ensures what the military would call a "target rich environment" for the WNs.

They will also be a great source of weaponry and munitions.

As Joker said in Full Metal Jacket: "We'll swap you some ARVN rifles. Never been fired and only dropped once ..."

A perennial favorite, that movie.

UN
.

Californian said...

Cue the theme music from "Goldfinger"...

Anonymous said...

Obama is the Star Student of the
AshkeNAZI Globalist Elite, and is going for the big money of total defeat and subjugation of the entire population of White America. He is VERY ambitious here and the most likely outcome is the break-up of the US, rather than a successful takeover or take down by this criminal. If the guns ARE rounded up the Whites are in a very bad situation and it won't be long before their existence will be a kind of dhimmitude as bad as minorities face in Moslem lands. Looking at this unfolding scenario realistically, it might actually be better for the World if the US Balkanised as 50 states are a lot to control.

Keiser said...

"You are a den of vipers! I intend to rout you out and by the Eternal God I will rout you out!"

President Andrew Jackson agreed that a privately owned centralized banking system was unconstitutional and abolished the Rothschild controlled Second Bank of the United States, by vetoing it's re-charter by Congress in 1832.

When asked his biggest achievement, Jackson replied,

“I killed the bank.”

If wonder if we had another Jackson at the time of the Jekyll Island stealth treason would things be different. As far as I know the whole Fed is unconstitutional according to the original Republic's charter

and as Chris Rock said

"there's no sex in the Champagne Room",

...well there's no gold in the Fed either!

Keiser said...

The more I think about it the more I realise that a fiat crash is not unrealistic in the near future, who knows maybe that is exactly the plan.

Anyway does anyone have any gold Krugerrands left or maybe Brix currency, f**k it bitcoin will do!

Anonymous said...

The last line of the article is intriguing: that here is another situation, which should be laughable, that suddenly seems all the more plausible due to governmental action or inaction.

How many of these have we had lately in the States?
1) no gold in ft. knox
2) government massaging or flatly instructing media
3) a non-citizen in the office of President
4) Avowed communist terrorists as honored "educators"
5) illegal aliens pitching telling Americans to "go back to Europe"

...ad infinitum...

What the fuck happened to my nation?

David said...

QUOTE
nastiestuncle said... Hmmmmm. You haven't told me why it's bad to pay someone to borrow their money. Or how a bank can get in trouble for making bad loans if there is no risk to the bank in making a loan. Or how it's the bank's fault that the government wants to throw public money at them. 29 January 2013 at 04:01
[/QUOTE]

Money is a measure, not a good. The creation of money is justified only by labor, and it should originate, not as a loan, but as payment for work done.

When money originates as a loan, it is all principal, and the bank does not gift anybody with the extra money that can be used to pay off the interest on the aggregated principal. That means some people inevitably WILL default on their loans. There might not be any way to know whom it will be, but it is certain that there will be defaults.

It is a mistake to think that the bankers are disappointed by defaults. The bank actually WANTS defaults because that's what lets them seize the real property that the defaulted borrowers used as collateral. The bankers can sell this property to other people, either for profit, or as a way to begin yet another round of loans upon which some people MUST default.

There's a funny video on YouTube that explains how the Jewish usury scam works, with humor, at a kindergarten level. Look up "Swindling the Goyim: Secrets of Banking" on YouTube.