Forget Y2K, We're in big trouble folks.

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Nasdag up over 80% for the year. Sorry, but it doesn't work that way folks. We're in for big trouble and thats a fact. Forget Y2K, you ain't seen nothing yet!

Study the history that led up to the 30's depression. We're being led down the yellow brick road by juvinile delinquents.

Stock up and continue to stock up.

-- Infidel (Barbarians@thegate.net), December 23, 1999

Answers

The stock market only goes up. This has been verified by people who make money selling stocks. This also scientifically proves that y2k will be a non event. Anyone who believes that the fed is propping and pushing the market higher to keep the herd in line are just wrong. so very wrong, people who make money selling stocks have verified this. Thank heavens for all those people who make money selling stocks.

More trips to Walmart.

-- Squid (ItsDark@down.here), December 23, 1999.


I "like" to think of the stock market and global tension as the "gunpowder", Y2K as the "fuse".

-- Anonymous99 (Anonymous99@Anonymous99.xxx), December 23, 1999.

Anonymous99:

Actually I see it sort of reverse to you. Y2K is the gunpowder and the markets are the decoy to keep everybody off the ball.

The following is my "guess" at what is going on. This is not fully thought out and it asssumes you already understand the TRUE nature of "Federal" Reserve.

To learn about the Fed see my post at Some People Don't Get it

The Federal Reserve and other such central banks are the real power brokers of any country as they control the issuance of currency. The governments where they operate are completely at their mercy. If you don't believe me then believe the following:

President James Garfield observed that "Whoever controls the volume of money in any country is absolute master of all industry and commerce." And we shouldn't forget old Anselm Rothschild, founder of the clan: "Give me the power to issue a nation's money; then I do not care who makes the laws." It would seem settled, and indeed is obvious, that the creator of money in any community is a power to be reckoned with.

Now the Federal Reserve and Bank Of England are owned by Rothschilds and other German Banker Families and a few from the UK and are fully unaccountable to the governments of the countries they operate in and have never been audited.

These folks are getting a little tired of the games they have to play while each country has its own currency and would very much like to centralize all such central banks under their control along with the IMF and World Bank (which are the means by which they control countries whose central banks they do not directly control) under a world currency.

In order to institute a world currency there must be a catastrophy of such magnitude the when the populations are told the only way out of the mess is a world currency the populations will say "do it please, get us out of this suffering".

Well y2k just rolled along as the perfect cover. If y2k really causes a blow up, great we'll go ahead with our world currency plan. If y2k does not pan out to be a real bombshell, then we'll make it one (who's going to know the difference by the time they get all the staged virus releases, cyber attacks, and general armed goons mobilized).

You see the Federal Reserve and TPTB have all known about y2k for 30 years because when they tried to put a 30 year US Bond on the books in 1970, guess what? They found it expired in 2000 and their accounting sysytem blew up. Futheremore when the ISO set down the standards in the late 60s to have dates only use 2 digits (due to memory cost) they never adjusted the standard in the 80s (20 years ago) when memory was not an issue any more. So my guess is TPTB nurtured the situation to help themselves when they realized what is going to happen by not changing the ISO standard and thereby resulting in millions of lines of code being written without a second thought.

So my guess is that the y2k effect will happen with or without computer problems. There will not be another chance for these people like y2k to cover up huge finacial debacles in such a nice tidy fashion.

Sounds out there, but then who would have believed the US Congress would pass a law in 1862 stating that the US Government's own currency will not be accpeted by the US Government for payment of the US Government's own taxes on its own citizens! (if you don't believe this check out the link to "The Comming Battle" (printed in 1899 and based on congressional records) in one of my replies at the URL at the begining of this reply).

The next piece of the puzzle is why is gold low? To answer this you must understand the role of the Rothschilds and their control of the gold markets:

The English House of Rothschild (N.M. Rothschild & Sons)

Of the two major Rothschild Houses (French and English), the London House (New Court ), founded by Nathan Mayer Rothschild and operating today as N.M. Rothschild and Sons, is undoubtedly the most influential, especially as it pertains to gold and currency trading. Twice daily a Rothschild agent sits in a cloistered room "fixing" the price of gold in the world's largest bullion trading market: the London Bullion Market Association ( LBMA ). Historically, N.M. Rothschild was owner and operator of England's Royal Mint Refinery and was the primary gold agent to the Bank of England.

The English House of Rothschild (N.M. Rothschild & Sons)

Of the two major Rothschild Houses (French and English), the London House (New Court ), founded by Nathan Mayer Rothschild and operating today as N.M. Rothschild and Sons, is undoubtedly the most influential, especially as it pertains to gold and currency trading. Twice daily a Rothschild agent sits in a cloistered room "fixing" the price of gold in the world's largest bullion trading market: the London Bullion Market Association ( LBMA ). Historically, N.M. Rothschild was owner and operator of England's Royal Mint Refinery and was the primary gold agent to the Bank of England.

To this day, N.M. Rothschild & Sons of London still lists as its primary business the selling and buying of treasuries and gold bullion. N.M. Rothschild helps fix the price of gold in London each day through the LBMA. A recent London Times articles explained that the gold price fix ceremony where five men (including a Rothschild) talk on their phones for 10 minutes, then lower tiny Union Jacks sitting on their desks, thereby fixing London's gold price each day. This ceremony takes place at 10:30 a.m. and 3 p.m., like clockwork, the same way, in the same place, and with mostly the same firms participating since the first gold fixing was enacted at Rothschild in St. Swithin's Lane on Friday Sept. 12, 1919. The company's name is also associated with many gold mining companies (e.g. Trillion Resources Ltd. and other Canadian mining companies).

Rothschild interests touch virtually every aspect of our lives. They helped found and finance Royal Dutch Shell and De Beers. Following World War II they invested in vast areas of resource rich properties in Canada, possibly gold rich deposits. Joey Smallwood, premier of Newfoundland, Canada, described the 50,000 square mile land purchase by Rothschild as the biggest land deal in Canadian history. Their influence extends to the Bank of England, Bank of France and the U.S. Federal Reserve, and possibly the IMF. They thus have enormous influence on the world's monetary policy.

The Rothschilds and the LBMA: The World's Central Bank?

Consider the Rothschild's profound position of influence in the LBMA and the transaction fees they are earning on each and every transaction of treasuries and 42 million ounces of gold transactions DAILY (recently reported volumes of physical, leased, forward sales). . The Rothschild business earns income from "transactions" (including transfers, calls, puts, trades, leases) and one can only begin to imagine the transaction costs associated with last reported trading of over 42 million ounces of gold per day through the LBMA (more than twice South Africa's annual gold production).

Also consider their involvement and influence over monetary policies exercised by the Bank of England and the Bank of France (and possibly the US Federal Reserve System) and in Geneva. Consider the world's above ground gold reserves is roughly 120,000 tons -- with roughly 40,000 tons or 33% held by central banks. How is the remaining "private" gold holdings distributed? Does anyone have such an account? Certainly not the World Gold Council and their statistics. If a single private owner held 5% of world's remaining gold, would that not constitute majority share holdings? If any player could have accumulated, and could afford a 5% holding of the world's gold supply over the last 200 years, it would be the Rothschilds. Could it be that the Rothschilds through their involvement in daily London gold trades are quietly amasing more of the precious metals in their private vaults, while the confidence game of the Central Banks tries desperately to avoid what Soros calls "unsustainable" fiat currency built on unsustainable debt? It was Mayer Amschel Rothschild who kept a secret subterranean vault full of gold beneath the House of Rothschild in Frankfurt in the 1770s (Morton, 1962) .

While the world is led to believe that gold is a barbaric relic of the past, a huge confidence game is being played out in fiat currency markets, illustrated by the events in Asia. In order to maintain confidence in inherently unsustainable fiat currencies and unsustainable debt, confidence in gold must be depressed, given that it is the only alternative store of value. The increasing volume of gold transacted through LBMA reflects the crescendo this confidence game has reached. These large volumes also suggest that gold is trading as currency and not as a barbaric commodity, as the press is apt to suggest. Could it be that the LBMA is being used as a testing ground for the establishment of a new gold-backed world currency system? If so, the Rothschilds are in a position of enormous influence over such a genesis process.

Consider these words of Stanley Fisher (WSJ, Nov. 12, 1997), IMF's Deputy Managing Director: "What is needed at this point in the world's economic affairs is leadership in setting up a SYSTEM more dependable than using IMF bailouts as a guide to the future value of money. Where that leadership comes from is a tough question."

Indeed, will the leadership and system Fisher is speaking come from the House of Rothschild through the central institution of the LBMA? Only time will tell.

If the Rothschilds, through the LBMA operations, are effectively cornering the world's gold supply they would undoubtedly be in a prime position to benefit from a currency crisis - which they and Soros undoubtedly expect, given Soro's claims that the Asian, and thus by implication all fiat currencies, are inherently unsustainable. This crisis of sustainability is already engaged in Asia and will undoubtedly wash over Europe, England and the U.S. And who recently announced another bailout package? The IMF, of course.

The Houses of Rothschild, more than any other players, knows the historical power of gold and importance of a gold-backed currency system. The English system they helped engineer remained resilient and sustainable for over 200 years until the early 1900s. The Rothschilds believe in gold as the ultimate store of value; always have and always will Undoubtedly they do not consider the metal a barbarous relic of the past.

The price is low because they like it low while they accumulate. When the institute the next phase, a world currency, they'll back it with gold.

Now before you think this is all bunf, read the thread linked above and learn just what power the Europen Banker Families have. What is presented is irrefutable proof from the laws of our and from our congressional record and the public positions of the Contitutional Framers, Jefferson, Jackson and many others.

WRT to the Federal Reserve flooding the market with cash and the relevance of this consider that NASDAQ and NSYE have just changed the margin requirements for day traders from 75% to 25%. This is exactly what our beloved Federal Reserve did just before the Crash in the 20s. They pumped in billions of dollars into the economy, pumped up the stockmarket, underwrote the banks so that stocks could be bought with 5% margin and then on one day, stopped all credit and caused the crash. Greenspan has just put in between $70-$500 B into the market (depending on who you read), we know the market has been pumped with this cash, and now the day trading margin requirements have been relaxed.

For the ignorant ostriches with their head in the sand there is a proverb:

Those who do not learn form history are doomed to repeat it.

The final piece of the puzzle is now in play. Sit back and enjoy the show folks. You have a ringside seat for the game of the millenium.

-- Interested Spectator (is@the_ring.side), December 23, 1999.


Interested, Where do you see gold pricewise in 30 days? Also, should we go to a gold backed currency, would that increase or decrease the price of gold? Thanks

-- Rich (rubeliever@webtv.net), December 23, 1999.

I have no idea where gold would be in 30 days, however if we go to a gold back currency, gold must go up. No option about that. The Federal Reserve's Dollar (the current US Currency) will become worthless as its debt backed currency game gets deliberately exposed by TPTB so that gold must be used to bring stability and since they have control of the gold, are as the above suggests in the position to control and profit from such a move.

BTW, although from the above article it "officially" looks like the Rothschilds may control only 5% of the world's gold, read my post in Do we have any Gold in Fort Knox or not??????? to see that they may control a lot more, particularly if you also factor in that almost every Central Bank of every major country has been "selling" off gold for quite a while now (notable exception is the US). Most of these Central Banks are controlled directly or indirectly by those controlling the Federal Reserve and therefore, as with the Federal Reserve the gold may not actually being "sold" but that is the "front" to explain away the same racket that resulted in the US reserves being removed as explained by Congressman McFadden in my post.

-- Interested Spectator (is@the_ring.side), December 24, 1999.



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