SO YOU WANT A GOLD BACKED CURRENCY – THE 50-YEAR PLAN IS COMING TO A CLOSE..
I had a great chat with Walter Burien the other day (Happy Birthday again, Walter), and we talked about the CAFR’s, where to find the hidden assets listed in the funds, and what he sees coming in light of many talking about the economic collapse, and his views on gold investments. Walter keyed me in on an article he wrote that shows just what he believes is happening and why he has targeted 2015 for an actual collapse, and it’s quite brilliant from an evil standpoint.
by Walter Burien – CAFR1.com
Thursday, 24-Nov-2011
Does anyone think the massive expansion of the economy would have taken place using gold as the barter tool over the same time period?
Individual’s assets in 1955 were rather sparse and bare compared to the individual’s assets today. Inflation has taken root over the last 20 years due to the spiral of run-away growth and the effect of greed and unethical oppertunity applied from and due to the boom periods where cash flowed as king and as time went by he who could cheat the other guy first walked with the kingdom of the booty. (within government expansion the before mentioned was done quite well)
The ethical and honest were pushed to the shadows to be ignored and the greedy opportunists walked with the booty and became the power base who now called the shots.
Per gold, what we are seeing at this time is the culmination of the “50 year plan” . People in general are not too bright. The public owns percentage wise very little gold. In 1963 / 64 when we went off the gold and silver standard, the 50 year plan began. The commercial banks; large international families; and a few countries started the focus and organized effort to buy all of the gold each and every year. Hundreds of tones per month as they manipulated to keep the price low.
Come 1999 they were very successful in their focus and plan. I would estimate their stockpile of gold increased by over 20,000 tons AND they did so right up until 2000 getting the gold at an average price of $134 to $175 per oz.
When looking at gold the parties mentioned above would own over 80% of the physical gold and the general population less than10%. Independent commercial interests the rest.
Well, it does not matter if you own all the gold in the world, if you can not unload it in barter for other commodities or property the value is nil.
So, here we go with 2001 and the stage is set and the play begins. Circumstances are forced to create fear; the sky is falling; economic doom and gloom come 2008; the propaganda begins to condition many with Parrot sound-bite conditioning to belittle the dollar and “gold is what is needed as the barter tool with ever increasing fever”.
Again, the general public is not too bright. Those commercial banks; large international families; and a few countries with gold hovering in the $1600 to $1800 per oz pricing are standing on a potential profit of over 1000%. They can not sell tens of thousands of tons of gold, the gold they own, that 90% of what is held by them on the open market or gold would plummet down to $10 per oz over-night, possibly to $5 per oz.
Also a one hour interview on this site with Walter on what is happening in our economy. They will begin to bring in a gold backed currency to unload their TONS of gold to make 1000% on their investment and once the price begins to fall on Gold and Silver it will crash fast! Don’t get caught on the losing side of the game folks!
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