Monday, January 27, 2014

LIGHT MOMENTS FOR THE NEW YEAR (WELCOME TO THE ASIAN CENTURY): It's The Gold, Stupid!

"People Power" is really dead, it has become a farce and stopped being a legitimate vehicle for people's aspirations. This becomes obvious as we are witnessing a wide array of rear guard maneuvers to forestall the inevitable collapse of the usual, all using "People Power" as ruse. That something is struggling is palpable- the Forbes Magazine "authoritative" article-cum-China disinformation that the People's Bank of China suspended remittances (Forbes promptly removed the post afterwards, merely eliciting laughs) was apparently timed to include China in the contrived "narrative"of emerging countries allegedly experiencing the "ill" effects of the start of the Fed QE taper (allegedly, money are now returning for safety in the US where, hilariously, everybody is actually predicting the mother of bubble burst which might just occur any moment now). But after the dud of the leak of a list of Chinese elite money offshore, a succession of duds exploded against the background of the usual destabilization dramas simultaneously flaring throughout the world- Brazil, Turkey, Ukraine, the Middle East, etc.(Not taken so seriously actually- a great help in the quest for truth was the loss of credibility of the mainstream presstitute media so the propaganda which was so effective in the past has become a joke today, leading to the present duds galore). The sudden flurry of events, unfortunately  bloody in parts (though purposedly, for maximum psywar), means only one thing: the climax is at hand. I would say the Asian Century has just arrived without us noticing it.

Follow the gold. The glitter shines through the clutter.

Dr. Paul Craig Roberts wrote an article which, if you're fast, just about explains everything. From Globalresearch.ca.


Naked Gold Shorts: The Inside Story of Gold Price Manipulation

 By Dr. Paul Craig Roberts and David Kranzler

The deregulation of the financial system during the Clinton and George W. Bush regimes had the predictable result: financial concentration and reckless behavior. A handful of banks grew so large that financial authorities declared them “too big to fail.” Removed from market discipline, the banks became wards of the government requiring massive creation of new money by the Federal Reserve in order to support through the policy of Quantitative Easing the prices of financial instruments on the banks’ balance sheets and in order to finance at low interest rates trillion dollar federal budget deficits associated with the long recession caused by the financial crisis.