|
Showing 1 - 13 of
13 matches in All Departments
|
Amazon Expedient (Paperback)
Kenneth Kelly; Illustrated by Mitchell Bentley; Edited by Kristi King-Morgan
|
R285
Discovery Miles 2 850
|
Ships in 10 - 15 working days
|
Gold Wars: Battle for the Global Economy addresses the grotesque,
growing and unsustainable imbalances in the financial system. As
gold is the barmometer of systemic ills, a war on gold-to drive
down its price-is taking place to hide the negative impacts of fiat
currency, shadow banking and central banking on the global
financial system. Starting with an introductory discussion on the
nature of money and the bizarre fractional reserve structure
currently in place, Mitchell moves on to address the massive, but
little known systemic pivot point: the Petrodollar standard. Tying
dollars to oil, this mechanism undergirds the dollar's reserve
status. But soon it will fail with paradigm shifting consequences.
Gold Wars features a detailed breakdown of the gross manipulations
in the gold market - from nonexistent paper gold, smackdowns, high-
frequency trading, and ETF's to Central Bank games like
swapping/leasing, shell accounting, midnight raids, clandestine
gold movements and regulatory attacks on investors. Mitchell offers
a prediction of the results for the gold market: when the
manipulation fails, paper and physical prices will separate, with
the physical selling for multiples of paper. Similarly silver, with
its own unique characteristics for industry and investment, is also
targeted as a potential refuge for flight from paper, though
strangely, above-ground gold is now more plentiful than silver. Add
to this a silver short position rolling from one institution to
another as each fails, a 4-year foot dragging investigation into
market fraud, and a class action suit for manipulation and the
market has a recipe for a pressure cooker at maximum. Western
banks, lacking the gold to cover their obligations, will eventually
declare a force majeure-an event supposedly the result of the
elements of nature, as opposed to one caused by human behavior-as a
pretext for settling their obligations in increasingly valueless
paper. Where is the resistance to this distortion and corruption of
value? Power is flowing East as China and Russia have drawn in
massive amounts of gold while denying the inflow. The BRICS will
unveil a gold backed trade note to supplant the dollar.
Simultaneously, they will force the US debt back home in exchange
for real assets, choking the Fed/Treasury on the mountain of paper,
and grabbing the financial power. This momentous shift is already
underway. What is to be done? Some radical solutions are examined
|
|