The Bush Administration may be destroying the US dollar.
Below from Sterling Seagrave, co-author of Gold Warriors and an extremely well-connected financial source in both the US and China as well as Europe. We do not ourselves have direct access, but this is consistent with other lunatic signs we have seen. We've checked back against the possibility that it is an April Fool's joke (and wonder why anyone would do two trillion instead of a half trillion at a time), but the bottom line is that this Administration is so nuts and so out of control that this is both credible in context, and worth passing on simply to heighten awareness and concern. At the end of this "as is" notice is a further **speculative** explanation of how the Chinese are combining their blackmail photos of young Bush in Beijing with their not signing the treaty foregoing reparations, and their long-term strategy of acquiring gold certificates for Yamashito's gold stolen by McArthur for the US and placed with Citi-Bank. All of this is a "lay" alarm, that we place before the public, where real experts are to be found. Bush appears to have reached the bottom of the barrel, and may be about to both give away as much gold as he can get his hands on, and print worthless money that will destroy the US dollar. So much for dollarizing the global economy....
----------------------------"AS IS"-----------------------
ACCORDING TO OUR SOURCES IN THE US TREASURY, THE WHITE HOUSE HAS SECRETLY ORDERED THE FEDERAL RESERVE TO PRINT TWO TRILLION DOLLARS IMMEDIATELY, AND PUT INTO CIRCULATION! OUR SOURCES IN THE TREASURY ARE FLABBERGASTED! IT MEANS THE COLLAPSE OF THE US DOLLAR'S VALUE, AND PROBABLY PRESAGES THE DOWNFALL OF THE BUSH ADMINISTRATION. THIS INFORMATION HAS BEEN CORROBORATED BY THREE SEPARATE U.S. TREASURY SOURCES. Six months ago, the Federal Reserve quietly announced that as of March 20, 2006, they would no longer publish "M3" Data. The "M3" was the amount of cash the government printed to put into circulation, propping-up the U.S. economy. As of eight days ago, M3 data is no longer being reported, so there is no way for the public, investors or bond holders to know how much currency exists - and no way to gauge how much a "dollar" is truly worth. Three separate sources in the U.S. Treasury have told us that this week, the Federal Reserve ordered TWO TRILLION dollars to be printed secretly! The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order. Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse. This probably explains why the US Treasury Secretary resigned several months ago and was replaced by a Bush flunkey, and why Greenspan resigned from the Fed several weeks ago, not wanting to go down with the Titanic. We were also told that the whole Immigration Amnesty Debate (especially the well-funded well-attended protests) was deliberately scheduled to take place now, to divert attention from this massive printing/devaluation of the U.S. Dollar. The White House apparently hoped that by the time anyone found out about the flooding of the market with dollars, they could stage an event, such as an air attack on Iran's nuclear facilities, that would distract the public entirely. The leaking of this information by alarmed Treasury sources could effectively neutralize that strategy, although it may be too late to call a halt to the attack on Iran. Watch for Gold, Silver, Platinum and other precious metals to skyrocket in price within days as the world wakes up and begins dumping the U.S. Dollar in favor of precious metals and the Euro. Last month a leading financial consultant told a Canadian television interviewer that he expected gold to jump to $2,000 an ounce in the coming months -- but did not explain why, except to blame the Bush Administrations squandering of dollar reserves. As of this morning, Silver was already at a ten year high and Gold was alrready within a few dollars of a 25 year high. The U.S. Dollar is falling against all major world currencies. We have been predicting this over the past two or three years, as the inevitable consequence of the Bush administration's bizarre policies, although we were not certain exactly when it would occur. More details as they become available.
ADDENDUM: The first signal we had that something was afoot
came about ten days ago when the UST and Fed,
which had secretly been redeeming some of the
provably legitimate FRNs and FRBs recovered in
the Mindanao crash sites dating back to 1947, and
others recovered from China and elsewhere,
abruptly stopped redeeming the notes and only
concentrated on re-acquiring the boxes containing
currency, as many and as fast as possible. (Mind
you, they had denounced as counterfeit ALL the
FRNs and FRBs until 14 months ago, and had put 16
people in prison and murdered quite a few others,
who had anything to do with trying to redeem
them; as of 14 months ago, which is when we
published the two new closing chapters of GW in
the Spanish edition and soon afterward in the
Verso paperback, and gave copies to our Chinese
publisher to translate for the second edition of
the Beijing edition, the UST and Fed suddenly
started acknowledging those Mother Boxes and
their contents that were shown by X-ray to have
the internal voids that corroborated their
validity. It was understood 14 months ago that
the sudden acknowledgement of a great many of
these Mother Boxes, etc., was to recover control
of them so they would not fall into China's
hands, because it was understood that Beijing was
secretly acquiring them in order to demand
redemption, or equivalent concessions from the
USG, which would provoke a severe diplomatic
incident. The majority of these boxes had been
created at the UST's Bureau of Engraving and
Printing since the Herbert Hoover administration
with the purpose of using them to dupe foreign
banks and wealthy individuals, many of them
Chinese or Overseas Chinese, into exchanging
their hoards of precious metals for FRNs and FRBs
that the USG never had any intention of
redeeming.)Then, as I say above, ten days ago
they stopped redeeming the notes to concentrate
exclusively on the cash. This was unexplainable,
and mystified the people designated to help
acquire and help redeem the FRNs, FRBs and cash
boxes. But one possible explanation was that a
shortage of paper currency in the UST had become
so acute that the Fed and UST were frantically
doing everything they could to acquire currency.
It is taken as a given by some economists that in
an economic crisis the solution is simply to
print more money, as the money (no longer backed
by gold or silver) is only Monopoly Money and is
worth only what the private banks that own the
Fed SAY it is worth -- which is like worshiping
toilet paper.
Obviously, somebody has told Bush he's thrown
away so much money that the UST has bottomed out,
and a crisis looms of a major crash, so Bush and
his loony advisers have simply ordered the
printing of an enormous quantity of what amount
to "Presidential Dollars" (as they are designated
by the people involved in the UST). Ergo, one
possible explanation is that Beijing has asked
the USG to redeem the Mother Boxes the PRC
already has in hand. In which case Bush may
stupidly believe that he can redeem them -- at a
very deep discount -- with worthless printed
currency rather than with gold. Bush believes
whatever he wants to believe. Facts don't matter.
I have absolutely no doubt that an attack on Iran
is planned and preparations for it are underway
as we speak, in order to distract the notoriously
gullible US public and much of the world's more
gullible public, while the Bush circle attempts
to work its way through crunch-time.
However, I have not the slightest doubt that the
inevitable sinking of the Titanic has now been
comprehended, or has commenced even if it is NOT
comprehended. It will not be "women and children
first" -- the rats are already abandoning ship
and many more will in the days and weeks ahead.
As the super-rich probably have been tipped in
advance as many were before 9/11, the price of
gold will now zoom up along with the price of
silver, platinum and so forth. That trend is
alreadfy apparent.
Links:
» 2006-04-06 Gold Warriors Now in Chinese and Rocking China
» 2006-04-06 John Mauldin on Money Velocity and the Fed
» 2006-04-06 The Mogambo Rant--Be Patient, It's Fascinating
» 2006-04-06 The Fed Bait and Switch--Raising Rates While Printing Money
» 2006-04-06 Federal Reserve 101 Including Monetary Policy
» 2006-04-06 Money Stock Statistics up to 30 March 2006
» 2006-04-06 Price of Loyalty--Why Paul O'Neil Left Bush Administration
» 2006-04-06 #1 Amazon Reviewer on Non-Fiction, All Reviews
» 2006-04-06 #1 Amazon Reviewer, Structured Lists of Books on National Security and Global Issues
» 2006-04-06 Press Release on US Dollar Tanking?
» 2006-04-06 Arab View of "Helicopter Dollars"
Below from Sterling Seagrave, co-author of Gold Warriors and an extremely well-connected financial source in both the US and China as well as Europe. We do not ourselves have direct access, but this is consistent with other lunatic signs we have seen. We've checked back against the possibility that it is an April Fool's joke (and wonder why anyone would do two trillion instead of a half trillion at a time), but the bottom line is that this Administration is so nuts and so out of control that this is both credible in context, and worth passing on simply to heighten awareness and concern. At the end of this "as is" notice is a further **speculative** explanation of how the Chinese are combining their blackmail photos of young Bush in Beijing with their not signing the treaty foregoing reparations, and their long-term strategy of acquiring gold certificates for Yamashito's gold stolen by McArthur for the US and placed with Citi-Bank. All of this is a "lay" alarm, that we place before the public, where real experts are to be found. Bush appears to have reached the bottom of the barrel, and may be about to both give away as much gold as he can get his hands on, and print worthless money that will destroy the US dollar. So much for dollarizing the global economy....
----------------------------"AS IS"-----------------------
ACCORDING TO OUR SOURCES IN THE US TREASURY, THE WHITE HOUSE HAS SECRETLY ORDERED THE FEDERAL RESERVE TO PRINT TWO TRILLION DOLLARS IMMEDIATELY, AND PUT INTO CIRCULATION! OUR SOURCES IN THE TREASURY ARE FLABBERGASTED! IT MEANS THE COLLAPSE OF THE US DOLLAR'S VALUE, AND PROBABLY PRESAGES THE DOWNFALL OF THE BUSH ADMINISTRATION. THIS INFORMATION HAS BEEN CORROBORATED BY THREE SEPARATE U.S. TREASURY SOURCES. Six months ago, the Federal Reserve quietly announced that as of March 20, 2006, they would no longer publish "M3" Data. The "M3" was the amount of cash the government printed to put into circulation, propping-up the U.S. economy. As of eight days ago, M3 data is no longer being reported, so there is no way for the public, investors or bond holders to know how much currency exists - and no way to gauge how much a "dollar" is truly worth. Three separate sources in the U.S. Treasury have told us that this week, the Federal Reserve ordered TWO TRILLION dollars to be printed secretly! The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order. Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse. This probably explains why the US Treasury Secretary resigned several months ago and was replaced by a Bush flunkey, and why Greenspan resigned from the Fed several weeks ago, not wanting to go down with the Titanic. We were also told that the whole Immigration Amnesty Debate (especially the well-funded well-attended protests) was deliberately scheduled to take place now, to divert attention from this massive printing/devaluation of the U.S. Dollar. The White House apparently hoped that by the time anyone found out about the flooding of the market with dollars, they could stage an event, such as an air attack on Iran's nuclear facilities, that would distract the public entirely. The leaking of this information by alarmed Treasury sources could effectively neutralize that strategy, although it may be too late to call a halt to the attack on Iran. Watch for Gold, Silver, Platinum and other precious metals to skyrocket in price within days as the world wakes up and begins dumping the U.S. Dollar in favor of precious metals and the Euro. Last month a leading financial consultant told a Canadian television interviewer that he expected gold to jump to $2,000 an ounce in the coming months -- but did not explain why, except to blame the Bush Administrations squandering of dollar reserves. As of this morning, Silver was already at a ten year high and Gold was alrready within a few dollars of a 25 year high. The U.S. Dollar is falling against all major world currencies. We have been predicting this over the past two or three years, as the inevitable consequence of the Bush administration's bizarre policies, although we were not certain exactly when it would occur. More details as they become available.
ADDENDUM: The first signal we had that something was afoot
came about ten days ago when the UST and Fed,
which had secretly been redeeming some of the
provably legitimate FRNs and FRBs recovered in
the Mindanao crash sites dating back to 1947, and
others recovered from China and elsewhere,
abruptly stopped redeeming the notes and only
concentrated on re-acquiring the boxes containing
currency, as many and as fast as possible. (Mind
you, they had denounced as counterfeit ALL the
FRNs and FRBs until 14 months ago, and had put 16
people in prison and murdered quite a few others,
who had anything to do with trying to redeem
them; as of 14 months ago, which is when we
published the two new closing chapters of GW in
the Spanish edition and soon afterward in the
Verso paperback, and gave copies to our Chinese
publisher to translate for the second edition of
the Beijing edition, the UST and Fed suddenly
started acknowledging those Mother Boxes and
their contents that were shown by X-ray to have
the internal voids that corroborated their
validity. It was understood 14 months ago that
the sudden acknowledgement of a great many of
these Mother Boxes, etc., was to recover control
of them so they would not fall into China's
hands, because it was understood that Beijing was
secretly acquiring them in order to demand
redemption, or equivalent concessions from the
USG, which would provoke a severe diplomatic
incident. The majority of these boxes had been
created at the UST's Bureau of Engraving and
Printing since the Herbert Hoover administration
with the purpose of using them to dupe foreign
banks and wealthy individuals, many of them
Chinese or Overseas Chinese, into exchanging
their hoards of precious metals for FRNs and FRBs
that the USG never had any intention of
redeeming.)Then, as I say above, ten days ago
they stopped redeeming the notes to concentrate
exclusively on the cash. This was unexplainable,
and mystified the people designated to help
acquire and help redeem the FRNs, FRBs and cash
boxes. But one possible explanation was that a
shortage of paper currency in the UST had become
so acute that the Fed and UST were frantically
doing everything they could to acquire currency.
It is taken as a given by some economists that in
an economic crisis the solution is simply to
print more money, as the money (no longer backed
by gold or silver) is only Monopoly Money and is
worth only what the private banks that own the
Fed SAY it is worth -- which is like worshiping
toilet paper.
Obviously, somebody has told Bush he's thrown
away so much money that the UST has bottomed out,
and a crisis looms of a major crash, so Bush and
his loony advisers have simply ordered the
printing of an enormous quantity of what amount
to "Presidential Dollars" (as they are designated
by the people involved in the UST). Ergo, one
possible explanation is that Beijing has asked
the USG to redeem the Mother Boxes the PRC
already has in hand. In which case Bush may
stupidly believe that he can redeem them -- at a
very deep discount -- with worthless printed
currency rather than with gold. Bush believes
whatever he wants to believe. Facts don't matter.
I have absolutely no doubt that an attack on Iran
is planned and preparations for it are underway
as we speak, in order to distract the notoriously
gullible US public and much of the world's more
gullible public, while the Bush circle attempts
to work its way through crunch-time.
However, I have not the slightest doubt that the
inevitable sinking of the Titanic has now been
comprehended, or has commenced even if it is NOT
comprehended. It will not be "women and children
first" -- the rats are already abandoning ship
and many more will in the days and weeks ahead.
As the super-rich probably have been tipped in
advance as many were before 9/11, the price of
gold will now zoom up along with the price of
silver, platinum and so forth. That trend is
alreadfy apparent.
Links:
» 2006-04-06 Gold Warriors Now in Chinese and Rocking China
» 2006-04-06 John Mauldin on Money Velocity and the Fed
» 2006-04-06 The Mogambo Rant--Be Patient, It's Fascinating
» 2006-04-06 The Fed Bait and Switch--Raising Rates While Printing Money
» 2006-04-06 Federal Reserve 101 Including Monetary Policy
» 2006-04-06 Money Stock Statistics up to 30 March 2006
» 2006-04-06 Price of Loyalty--Why Paul O'Neil Left Bush Administration
» 2006-04-06 #1 Amazon Reviewer on Non-Fiction, All Reviews
» 2006-04-06 #1 Amazon Reviewer, Structured Lists of Books on National Security and Global Issues
» 2006-04-06 Press Release on US Dollar Tanking?
» 2006-04-06 Arab View of "Helicopter Dollars"
