Friday, October 16, 2009

Fool's Gold - The Next Crisis



Everything happens in cycles. This seems to be the course of nature. It is also the course of economic in our world. The cycles of boom and bust continue as a means to an end. We remembered the dot.com boom and crash of 1998-2001. That ended and transformed into the housing boom caused by the availability of credit from lending institutions. The availability of credit alone did not cause the boom. Many people were "forced" into to the game of borrowing by aggressive mortgage companies and the mass media advertising, "no money down" ads. Later the bubble burst when the money supply subsided and subprime interest rates surged. Well another game is being played on the masses. It's called 'Fool's Gold'.

The Gold market is booming now. The price of gold is up over 1000 and climbing. The masses are being told to "protect" their assets by purchasing gold. Since the dollar is purposely being devalued in order to convince people that their fiat money will be safe, invest in gold. This is far from the truth. You see, the elite owns over 90% of the earth's gold. The other 10% is what is traded. The IMF, a cover for the global banking elite, holds the world's gold, and can manipulate prices by selling their share on the global market. What the elite intend to do is to crash the gold market by dumping huge amounts of gold into the market, causing the price of gold to plummet. Thousands of americans will loose their wealth in minutes. Those who survived or were not affected by the 2008-2009 reccession will go into shock, caught off guard thinking it was safe to exhale and their money was safe.

I've notice all those t.v. commercials pertaining to gold purchase; the same type of ads that encouraged people to borrow money to buy and flip houses back in 2003. The elite bankers intend to destroy the present system of global finance in order to create a new one. This is done not by force, but by manipulation of the masses vice of greed. Many companies have already invested their savings in gold. This mean further consolidation (mergers) when the markets crash. This also means further layoffs, which requires population reduction implimentation. The new economic crash will most likely be followed by WWIII, another engineered event.

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