The U S Is A Corporation. PMs Stand In The Way.
by Michael Noonan, Edge Trader Plus Where have all the trillions of newly created “money” gone? Into the failed and bankrupt banking scam conducted by the elites. All world-wide monetary policy undertaken by the central banks has been for the sole purpose of protecting the failed banking financial structure, propping up the fiat currencies. Virtually none of the newly created “money” has ever left the banking system for loans to be used for productive means. Instead, it is being used to enslave other sovereign nations, breaking them financially, then taking control of each nation, one nation at a time. Think of Ireland, Spain, Cyprus, and now Greece most prominently in the Kabuki theater known as the elite-controlled Western press. The purpose: A no escape treadmill of debt bondage and poverty. [Kabuki theater: Performance where nothing substantive gets done] Ukraine could be thrown in, for good measure, but it has been serving a different purpose: the [failed] attempt to disrupt and gain control of Russia. Much of this has to do with a revised Great Game where the UK has been replaced by the US. Different players, on the surface, but both owned by the Crown Temple, based in The City, located in London but not a part of the UK, just as the District of Columbia is located in Washington D C but not a part of the United States. [Note: The Crown is not the Queen]. The United States is a corporation owned by the Crown since the formation of the colonies. It issues fiat Federal Reserve Notes [FRNs], which, as we have often stated, are nothing more than instruments of debt or liens. Debt cannot be money. The word debt has no fixed legal meaning, so we will call it an obligation to repay on a contract. Without getting too far afield, FRNs, as liens, is what ties US citizens into the IRS tax system. FRNs replaced the lawful United States Notes, which at one time were backed by gold and silver, in a bait-and-switch Ponzi scheme perpetrated by the foreign-owned [The Crown] Federal Reserve through the Federal Reserve Act of 1913. Early FRNs were also specie-backed by gold and silver when the Federal Reserve had them circulating along side US Notes. Gradually, US Notes were recalled and destroyed, and what remained in circulation were FRNs. During the joint circulation of US Notes and FRNs, the public accepted them as one and the same, the intended manipulation by the banking elites. The final nail in the specie-backed FRN was when Nixon closed the gold window on 15 August 1971, officially making FRNs pure fiat, backed by nothing but people’s misguided imagination. Gold and silver have always been the antithesis of fiat, and it is why central bankers have been actively manipulating gold throughout the 20th century. The FRN gained pre-eminence as the world’s reserve currency, which means all trade conducted internationally was settled in FRN’s, deceptively called “dollars.” Through the process of being purposefully manipulated and dumbed down, via the bait-and-switch process we just described, everyone has come to believe that FRNs are dollars, and we recognize we are up against a tsunami of cognitive dissonance to get anyone to realize FRNs are not dollars, so we simply put them into parenthesis, “dollar.” Now that the elite’s fiat system is breaking down, the “dollar” has been rejected more and more by Eastern nations, Russia first and foremost, joined by China, morphing into the BRICS coalition, now being added to by the AIIB, [See China’s AIIB Spells “Dollars” Demise], the US is engaged on its war mongering path of destruction as its last-ditch effort to preserve the totally corrupt and broken fiat FRN Ponzi scheme. This vain attempt to preserve the fiat “dollar” has been orchestrated by the elites, [Crown] all along. The horses are being switched from the Western-controlled fiat “dollar” to the soon to be introduced Special Drawing Rights [SDRs], a new and improved Crown-driven implementation fiat system to include Eastern powers, most the Chinese renminbi, aka the yuan. Along with the demise of the fiat “dollar” comes the demise of the corporate US as the world’s dominating fiscal bully. Those in power are doing everything possible to stay in power, but that ain’t going to happen. Eastern dominance is slowing pushing out Western dominance, but while the horses change, the riders remain the same hidden Crown Temple players that run the world.
This is the Cliff Note version of why gold and silver have been Going Nowhere, [last week’s article only partially distributed]. The necessity of preserving the Western “dollar”- denominated fiat currency system has been for the transition from the “dollar” to SDRs, and that is being carefully managed by the Crown. We addressed the topic of SDRs back in March, When Will PMs Rally? Not In 2015, which also has links to other SDR-related previous articles].
This is why we have stopped writing articles linking gold/silver fundamental-driven news and/or articles of the huge demand for both PMs, yet nothing begin translated into higher prices, all based on the voracious appetite for physical gold, the demand side, and trillions upon trillions of fiat flooding the central banking system supply side, neither one effecting the other. Hence, we continue to see the fiat-defying stagnating-to-moving-lower prices for both gold and silver. It is for these reasons we maintain primary focus on the charts because fundamentals do not apply, however much most people believe they do. How has that been working for the past four years? Trying to maintain a hand-to-eye coordination between interpreting the increasingly bizarre, mostly false reporting of news by the elite-controlled Western press is an exercise in futility. Last week, we said silver was going nowhere, and little has altered that assessment. The reason it is not necessary to know if silver will decline or rally directionally from here is because it would require a guess, attempting to “predict” the future, and no one can in these markets. Instead, it is better, especially for one’s trading bottom line, to wait for the market to show a stronger likelihood of a move, which it will, and then make a determination to act on more concrete information that demonstrates a higher probability for an expected outcome. The last rally was weak, so there is no reason to buy into a weak market. Price may or may not hold on the increased selling volume, and that is a 50/50 assessment. A coin toss odds are not a higher probability trade consideration, so why act on inconclusive information? Simple market logic. Continue Reading>>>