The Ascendancy of Gold

The Ascendancy of Gold

That bright, yellow metal that has launched countless wars and built numerous empires has started its striking come back and all because of the blow back from the vary nation that had sabotaged its initial place in the world economy.

Least we forget, it was the USA, under Nixon, which removed the US and thus the non-Soviet world off of the gold standard in 1974. It did it because the US bankrupted itself by 1972 and when the US released the dollar peg against gold, the dollar devalued in half by the end of 1973. This move than helped cement the dollar in its place as the world reserve currency and allowed the US to print its insane prosperity even as its industry and jobs fled further and further afield.

So now,we come to 2012, where the US, desperate to hold on to it illusion of wealth, in a bankrupt, de-industrialized land of massive poverty and unemployment. To do so, to have any chance of kicking the can of responsibility further down the road of history, the US must destroy any threat to the Dollar. It did this in its invasion of Iraq, in its bombing of Libya. Even as its empire collapsed under the strain of insane debts and more and more nations started using their own currencies between each other, the US lashed out diplomatically, economically and militarily, like a spoiled and enraged child.

However, the use of various, minor and not so minor currencies, constantly changing in value and linked equally to nothing but trust, as much as the Dollar itself, were and are a minor threat. As soon as harder times hit, those nations instantly rush to the Dollar, which they have always still kept in reserve, just for such instances.

But something has changed and changed indeed.

The US has cultivated its regime change war against Iran for the better part of the past decade, through the Bush and now Obama administrations, with absolutely no real change. If anything, the rhetoric of the past two years, of both branches of the One American party, have become ever more shrill and venomous.

So what changed?

The US and its fellow psychopathic travelers, the EUcrats, have decided to take the final move to fully cripple Iran, by banning or embargoing any and every company and bank and nation that has any dealings with the Iranian national bank. In other words, not only are these two police states planning on making the US Dollars and for that matter Euros, that Iran holds, inert, they plan to hold the rest of humanity hostage.

But in doing so, the Americans and the Eurocrats created the very conditions that have assured the destruction of that same Dollar and in turn its Euro cousin.

Iran, as these psychopaths like to point out, is isolated from the world. Well that is not nearly the reality, as it still carries on very active trade with Russia, India, China and Japan, not to mention close relations with a large host of South American leaders, to include the critical Brazilians and Argentinians. In truth Iran is only isolated from the Western financial institutions.

And so came the monumental announcement that Iran and India have signed a deal that oil trade will come in gold, not dollars.

While the oligarch owned American press has made light of this and has said as little as possible, the earth quake of this move has shaken the very foundation of the economic order of the West.

The effects are many fold. Directly, this has shown other nations that there is still an active alternative to the US dollar, one that is anchored in an inherent value that has proven itself for thousands of years. Gold is immune to currency shocks, it simply can not be inflationary printed at the will of politicians. Gold is also fungible across all borders, something the Iranians can then use to buy needed goods from other countries. This will in turn drive more and more nations to use gold and dump the Dollar.

As a matter of fact, quite simply, just for 2012, the Indians no longer need those $12 billion US Dollars that they will use for Iranian oil. If they sell those dollars on the markets, they further suppress the Dollar and demand for it. While $12 billion is a very small hit, there is such a thing as death by a thousand cuts.

Further, the value of gold itself will rise, with its renewed value and will further depress the value of the US Dollar, forcing the American government to print more and absorb a greater inflation rate.

If, over the next couple of months, this begins to catch on with other nations, the Dollar's death knell may have already sounded.

Is America's Ft. Knox Full of Fake Gold?

Considering that Ft. Knox stocks gold for not only the USA but also for many countries, international relations could very well be in jeopardy, not to mention many economies. The question of whether officials at Ft. Knox are storing tungsten filled gold bars, so called "salted" gold, which hold a small fraction of the normal cost of the bullion, were recently brought up by an American media company, CNBC, during an interview of Howard Ruff by Joe Herman.

Howard Ruff is a financier investor and advisor who advocates for hard currency, that is, currency backed by valuable commodities, such as gold or silver. He is also an economics writer with many published works, who is an expert on hyperinflationary economics.

Also on another American media company, Fox, the issue was also brought up, in this case, whether there still is gold at Ft. Knox, an institution that has not had an independent audit for 50 years. As the interview states, much of the gold may not be there, or may not even have been there in many years.

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

While these have been conspiracy theories for many decades, the questions have now gone mainstream. At $16 per kg, and with the exact same density and weight, as gold, tungsten makes for a perfect filler. Simply weighing a gold bar, with cutting it, will not allow for distinction from true bullion.

Such a breach of public and international trust may doom more than just key relationships, but also the international credit rating of the US, which would suddenly find itself in hundreds of billions of dollars of additional debt, while allied governments and economies who relied on that gold would quickly start to fold.

One of the models upon which America hails itself: Athens, had done the exact same thing. After the first Pelopinesian Wars, Athens guarded the island treasury of its alliance of city states. Instead of acting in good faith as guardian, it quietly stole from the vaults and built many great works, such as the Parthenon, with that stolen gold. Of course this drove many of its allies to side with Sparta in the next war.

Again, as stated, the facility of Ft. Knox, has not had an independent audit in over 50 years and as such no one really knows what is or is not there. The US Congress has demanded audits, but just like the Federal Reserve, the Treasury Department has refused to tell the people of America and especially in this case, the World, the truth. Requests by members of the American parliament to physically inspect the facility, have equally been turned down for almost 20 years.

If the members of Congress are not allowed to find out the truth and there is no accountability in the American government, than it is truly time for an international organization, backed by all interested and affected parties, such as the UN or World Bank or IMF to demand a full inquiry and pressure the rogues in the Obama Regime to come true.

As the World Tilts Towards Depression, Russia Must Take Radical Measures

The world is heading towards one of those history making, life shattering economic events. When this is over, much will change, many nations will be in turmoil, others will be gone, new ones will appear, for with all major economic turmoils, wars always follow.

Only for a small handful of nations, this does not have to be so. It is those nations who are not only blessed by large size and population (at least over 100 million) and those with all the major resources that they need to survive but also those who have the industrial capacity to support their people's needs, for those nations this does not have to be a catastrophe.

Russia is the preeminent such nation.

It has a large enough population with a birth rate that is now quickly rebounding, plenty of room to grow, all the mineral and energy resources and a large industrial base for consumer as well as military goods. So, as the world heads into disaster, as the trade bonds unravel, as mass importers find that they can no longer import the goods that keep their people from revolting and the mass exporters find that they can no longer export the goods that keep their people working and not revolting, Russia must take radical measures.

What are these measures?

Russia must first and foremost divorce herself from the outside world. The Americans now call this "decoupling". Fine, let us now decouple.

This must be done as follows:

1. Withdraw from all monetary unions, trades and associations.
2. Reissue gold coins for internal use.
3. Insist that all payments by foreigners for any Russian goods be made in valued substances, first and foremost, gold and silver.
4. Enact very high trade barriers to all foreign goods, except those that can not be manufactured by Russian suppliers. For those industries, the government must subsidize the industries until they develop strong enough to push out the foreigners.
5. Open the borders for immigration by the Christian nations, especially of their now or soon to be unemployed engineers, doctors and scientists.
6. Prepare the military

As the world sinks into depression, as old regimes and economies collapse, wither, and die convulsing, Russia will enjoy a stable currency, cheap energy and a booming internal market. It is from this market, boosted by several million economic refugees from the former first world, that Russia will build her future success.

When opportunity presents itself, she should than directly draw the near abroad back within the borders, while selectively supporting Pan-Slavic and Pan-Orthodox nations into her block, forcing them to also integrate into the Russian gold standard and economy.

By blocking off the chaos of the coming collapse, Russia will better place herself to be the assertive super power of the Eurasian land mass. She shall not only be the beacon of stability and hope but also of the Church, guiding those fleeing Christless hyper capitalism to more traditional and quiet shores.