Ron Paul, Jim Rogers, Deepcaster, GATA, J.F.K. and so many others have/had it right. Abolish the Fed. and have the US Treasury print it’s own money by and for the taxpayers. Of course, backing it with gold would be the ultimate “reform” back to the future. Even after the Fed. was created by stealth (private bankers JP Morgan et al) and slipped in under the awareness of Congress in 1913, the 1928 series of US $50 note (“Federal Reserve Note) stated “Redeemable in gold on demand at the United States Treasury or in gold or lawful money at any Federal Reserve Bank”. It took the Fed almost 60 years to finally shake the remnants of the gold standard so it could finalize it’s total control over the American people. This powerful and private dragon and enemy of freedom and democracy, owned by a handful of international bankers, is on the brink of either complete control or total self destruction. It is all up to the American populous now and it is a strategic time indeed. Here are some excerpts from Deepcastor, via LeMetropole Café on this subject and the Cartel’s end game.

INVESTOR ADVANTAGE: REVISITING THE CARTEL’S ‘END GAME’.

“’My question to you is, will you tell the American people to whom you lent $2.2 trillion of their dollars?’ Sanders asked, referring to the size of the Fed’s balance sheet.

…the central bank chairman replied, ‘No…….

Bernanke said the Fed’s lending programs were not gifts or subsidies but rather over-collateralized loans.

‘We have never lost a penny doing it,’ he said”

U.S. Senator Bernie Sanders (I – VT) and Fed Chairman Ben Bernanke

Reuters, March 3, 2009

A measure of just how hapless the U.S. Congress is before the Power of the mighty Private for-profit Federal Reserve is reflected in the foregoing exchange between U.S. Senator Bernie Sanders and Fed Chairman Bernanke.

Bernanke flatly refused to indicate to whom the $2.2 trillion on the Fed’s balance sheet had been loaned to even though American taxpayers’ funds were used to make the loans.

Indeed, Bernanke’s response is even more galling in light of the fact that Fed Policies are the Primary Cause of the mortgage/housing and related Crises, as we demonstrate below. The private for-profit Fed makes money in direct proportion to the amount they are lending to the American taxpayer at interest. Of course, they lend money that they print for free out of thin air……

As Gold Anti-Trust Action Committee Secretary Chris Powell points out:

“Refusing to disclose to Bloomberg News the identities of (the recipients of - Ed.) $2 trillion in government loans…the Federal Reserve Board is making the same argument it made this year in denying GATA access to the Fed’s records involving the U.S. gold reserve - - that “trade secrets” are exempt from disclosure…any government that can disburse $2 trillion secretly, without any accountability, is not a democratic government. It is government, of, by, and, for the bankers. And maybe now GATA isn’t the only one to think so…” (emphasis added)

Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
December 12, 2008, The Gata Dispatch……

*We encourage those who doubt the scope and power of Intervention by a Fed-led Cartel of Key Central Bankers and favored financial institutions to read Deepcaster’s December, 2008 Letter containing a summary overview of Overt and Covert Intervention entitled “A Strategy for Profiting from the Cartel’s Dark Interventions & Evolving Techniques” and Deepcaster’s July, 2008 Letter entitled “Market Intervention, Data Manipulation - - Increasing Risks, The Cartel End Game, and Latest Forecast” at www.deepcaster.com. Also consider the substantial evidence collected by the Gold AntiTrust Action Committee at www.gata.org for information on precious metals price manipulation. Virtually all of the evidence for Intervention has been gleaned from publicly available records. Deepcaster’s profitable recommendations displayed at www.deepcaster.com have been facilitated by attention to these “Interventionals.”&helli...

The recent refusal of the private-for-profit U.S. Federal Reserve to identify the recipients of over $2 trillion in bailouts or loans funded and/or authorized by the U.S. Congress, “courtesy” of U.S. Taxpayers, serves to re-emphasize the Grave Threat which The Fed-led Cartel poses to democracy and to Investors worldwide.

Of course, the U.S. Taxpayer has had to and will continue to have to borrow the money (and pay interest on it) from The Private, for-profit Fed, which prints it for free out of thin air…….

Concerning the threat to Profits, the Cartel-generated Massive Monetary Inflation entails a continuing and Massive Decrease in Purchasing Power for both U.S. Taxpayers and Investors around the world…..

….the U.S. Congress has abdicated its responsibility to require oversight, accountability, or even disclosure - - an anti-democratic stance if there ever was one!

If The Fed had really wanted to unfreeze the Credit Markets it could have imposed loan quotas (Cram-throughs, we call them) as conditions for Financial Institutions’ receiving Bailout Money and/or Guarantees. Nah, too easy! (Such a policy might have unfrozen the credit markets. And why would The Cartel want to do that? It appears they are making too much money and gaining ever-increasing power by continuing to play the “Crisis Card.”) So…The System is not nearly “saved” yet, is it? Nor are the Credit Markets unfrozen.

Clearly, Bernanke and crew are not flooding markets with liquidity - - just flooding Favored Financial Institutions with liquidity. Main Street is still “dry.”

A key aspect of this Regime is a Data Manipulation component. Real U.S. Consumer Price Inflation was over 10% annualized from 2006 through 2008 and is still about 8% in early 2009. As of February, 2009 Real U.S. Unemployment is over 19% annually! And Real U.S. GDP is at a negative 4%, while real M3 (monetary creation) is running at 12% annually, all according to the quite credible calculations of shadowstats.com. Shadowstats.com calculates the numbers as they were calculated prior to the “gimmicking” of Official Statistics that became widely used beginning in the 1980s and early 1990s…..

The major negative development we focus on here are the impending ascendancy of The Cartel to Superpower Sovereign Nation Status, coupled with the destruction of the Purchasing Power of the U.S. Dollar and certain other Fiat Currencies, as well as the attempted ongoing implementation of the pernicious Cartel “End Game.”…..

Now they must do something similar on a global scale to be able to continue to dominate global finance, the heart of the power of the American Century. Consider

That process of using panics to centralize their private power created an extremely powerful concentration of financial and economic power in a few private hands, the same hands which created the influential US foreign policy think-tank, the New York Council on Foreign Relations in 1919…”

“Behind the panic: financial warfare over future of global bank power”
F. William Engdahl, October 10, 2008……the evidence is increasing that the recent financial panic and economic distress is and has been planned as a part of Cartel Strategy to increase its power and, in our view, to implement its “End Game.”

Various international private banks, several of which are headquartered in Europe, own the “United States” Federal Reserve Bank.

These International Bankers, acting through their “U.S.” Fed, make money by creating money out of “thin air” as eloquently described by the Dean of the Newsletter Writers, Richard Russell:

“I still can’t get over the whole Federal Reserve racket.”

Consider the following - - let’s take a situation where the U.S. government needs money. The U.S. doesn’t just issue United States Notes, which, of course it could. These notes would be dollars backed by the full faith and credit of the United States. No, the U.S. doesn’t issue dollars straight out of the U.S. Treasury.

This is what the U.S. does - - it issues Treasury Bonds. The U.S. then sells these bonds to the Fed. The Fed buys the bonds. Wait, how does the Fed pay for the bonds? The Fed simply creates money “out of thin air” (book-keeping entry) with which it buys the bonds. The money that the Fed creates from nowhere then goes to the U.S. The Fed holds the U.S. bonds, and the unbelievable irony is that the U.S. then pays interest on the very bonds that the U.S. itself issued. (With great profit to the private owners of The Fed - - Ed. Note) The mind boggles.

The damnable result is that the Fed effectively controls the U.S. money supply. The Fed is …not even a branch of the U.S. government. The Fed is not mentioned in the Constitution of the United States. No Constitutional amendment was ever created or voted on to accept the Fed. The Constitutionality of the Federal Reserve has never come before the Supreme Court. The Fed is a private bank that keeps the U.S. forever in debt - - or I should say in increasing debt along with ever rising interest payments.

How did the Fed get away with this outrage? A tiny secretive group of bankers sneaked through a bill in 1913 at a time when many in Congress were absent. Those who were there and voted for the bill didn’t realize (as so often happens) what they were voting for (shades of the shameful 2002 vote to hand over to President Bush the power to decide on war with Iraq).”

Richard Russell, “Richards Remarks,” dowtheoryletters.com, March 27 2007

When the United States has, in recent years, been threatened with recession (e.g. 1987 and 2001), the Greenspan-led Fed responded to each threat by ever more massive fiat money (debt) creation. The problem is that each time the fiat money supply is inflated by an ever-greater amount, more money must be printed (and more “interest” paid by U.S. Taxpayers to the Private For-Profit Federal Reserve) in order to stave off recession or depression. One recent calculation has indicated that approximately $6 must now be created (i.e. printed) in order to drive each additional $1 of GDP.

Such profligate printing merely delays financial disaster, and indeed even increases the chances for disaster in the long run, because Taxpayers are further burdened by the loss of purchasing power that the additional printed money (i.e. additional debt) entails. Such a disaster could, and should, be avoided by linking currency to the Monetary Metals – Gold & Silver – but The Cartel strenuously resists that.

Deepcaster and Richard Russell are of the same mind regarding the consequences of the Fed-created monetary inflation and easy credit. Regarding the continued inflation of the money supply:

1. The U.S. Dollar will eventually (pushed by Fed policies) self-destruct and

2. “…The system must eventually destroy itself. It is not a matter of whether, it is simply a matter of when and how…” Richards Remarks, March 27, 2007

So if “the system must eventually destroy itself” and The Cartel likely knows this, what has been, and is likely in the future to be, their response?......

….As we pointed out in our June 2008 Letter, the Credit Freeze-Up, CDO Crisis, Toxic Derivatives and other Threats have not gone away. These Threats are latent and growing, and beginning to erupt again. They are erupting in many forms, including continuing Bank Failures.

We reiterate, these failures have, ironically, been catalyzed by the policies of the most powerful Bank of them all - - The private-for-profit U.S. Fed.

But, as the worsening Housing Crisis, Credit Freeze-up, Banking Failures, among increasing numbers of negatives show, The Cartel’s policies generate increasing Systemic Risk which results in their “Paper Regime” becoming ever harder to manage.

Indeed, perhaps the most salient item of evidence that The Fed-led Central Bankers Market Intervention Regime is becoming harder to manage is that The Cartel requires, and thus is creating, ever-increasing Trillions of dollars of derivatives to “manage” all the various markets in which The Cartel intervenes. The $683 Trillion figure noted above is a record high for OTC Derivatives.

The Crisis Intensifies - – The “End Game” Implementation Begins

The clue to the character of The Cartel ‘End Game’ is the Strategic and Prosperity Partnership Agreement signed by Presidents Bush, Fox of Mexico and Martin of Canada in Waco, Texas in March, 2006.

This multi-faceted Agreement was signed without the approval of Congress, or the knowledge of most of the American people.

It is clear from the multifaceted “End Game” Plan reflected in this Agreement why the Bush Administration was, and now, the Obama Administration, is, so resistant to defending U.S. borders……if The Cartel is pushing the Amero as the eventual, and their favored, alternative to the U.S. Dollar, The Cartel certainly intends to continue its interventional efforts at suppressing the prices of Gold and Silver in order to prevent their attaining increasing legitimacy as money, and thus as competitors to their Fiat Currencies and Treasury Securities…..

A Solution Which Addresses Current Realities

Rather, and as an alternative to The Cartel’s planned “End Game,” the U.S. Treasury could begin to function as it is constitutionally authorized to do, as The United States National Bank issuing United States Notes (as President J.F. Kennedy authorized the U.S. Treasury to do before he was killed) solidly linked to and backed by the monetary metals, Gold and Silver.

But, in the short-term, the U.S. Fed-led Cartel continues to expand its power. For example, it is important to reiterate that: the Powers-That-Be, ensconced at The Fed and U.S. Treasury, have recently sought and obtained even more power without accountability. Any downstream liabilities, of course, continue to be laid off on the U.S. Taxpayers. We are grateful to Rep. Ron Paul for disclosing shocking and anti-democratic details of the Bailout Bill rammed through Congress last Fall, and grateful to GATA and others for reporting them:

“- The two troubled federal mortgage agencies, Freddie Mac and Fannie Mae, will be given unlimited access to the U.S. Treasury without requiring any further approval from Congress. - The U.S. national debt ceiling will be raised by $800 billion, which suggests that the bailout is expected to cost a lot more than the country is being told. - All credit card transactions will have to be reported to the Internal Revenue Service, as if the country isn’t under enough government surveillance already.” (emphasis added)

“Ron Paul discloses housing bailout bill’s money and power grab” The Gata Dispatch, July 24, 2008

Clearly, the Private For-Profit Federal Reserve should be abolished and replaced by a truly National Bank operated by the U.S. Treasury which could then issue currency linked to Gold and Silver.

Joining Deepcaster and Rep. Ron Paul in its call for abolition of the “U.S.” Federal Reserve is legendary Investor Jim Rogers. Were The Fed to be abolished, a major threat to our Democracy would be removed.

A Strategy for Profit and Protection

Normally, (that is to say in a Genuine Free Market situation) the go-to “Safe Haven” Assets in times of Financial Crisis would be the Precious Monetary Metals Gold and Silver, as well as other assets such as Strategic Commodities.

We say “normally” because nearly every time another Financial Market Crisis has come prominently into the public eye in recent years The Cartel* of Central Bankers has successfully taken down the price of what would normally be the Safe Haven Assets - - the Precious Monetary Metals. A prime example occurred during the much-publicized demise of Bear Stearns in March, 2008, which was accompanied by a vicious Takedown of Gold and Silver. In a non-manipulated Market, given the fact that Bear Stearns reflected great and increasing weaknesses in the Financial System and Economy, Gold and Silver should have skyrocketed. But instead they were dramatically taken down.

Yet, the late 2008 - early 2009 Crises appear to be different. Gold launched from the mid $700s/oz. to around $900/oz. during September, 2008, fell back to the low $700s and then launched again toward $900 in December, 2008 and has actually reached $1,000 in 2009.

But as of the beginning of March, 2009, Gold had been taken down to nearly $900, and this in the midst of the greatest Financial Crisis since the Great Depression. Considering these facts can it be doubted that the price of Gold (and Silver) is heavily manipulated?

A Strategy for Profit and Protection

Normally, (that is to say in a Genuine Free Market situation) the go-to “Safe Haven” Assets in times of Financial Crisis would be the Precious Monetary Metals Gold and Silver, as well as other assets such as Strategic Commodities.

We say “normally” because nearly every time another Financial Market Crisis has come prominently into the public eye in recent years The Cartel* of Central Bankers has successfully taken down the price of what would normally be the Safe Haven Assets - - the Precious Monetary Metals. A prime example occurred during the much-publicized demise of Bear Stearns in March, 2008, which was accompanied by a vicious Takedown of Gold and Silver. In a non-manipulated Market, given the fact that Bear Stearns reflected great and increasing weaknesses in the Financial System and Economy, Gold and Silver should have skyrocketed. But instead they were dramatically taken down.

Yet, the late 2008 - early 2009 Crises appear to be different. Gold launched from the mid $700s/oz. to around $900/oz. during September, 2008, fell back to the low $700s and then launched again toward $900 in December, 2008 and has actually reached $1,000 in 2009.

But as of the beginning of March, 2009, Gold had been taken down to nearly $900, and this in the midst of the greatest Financial Crisis since the Great Depression. Considering these facts can it be doubted that the price of Gold (and Silver) is heavily manipulated?

A Strategy for Profit and Protection

Normally, (that is to say in a Genuine Free Market situation) the go-to “Safe Haven” Assets in times of Financial Crisis would be the Precious Monetary Metals Gold and Silver, as well as other assets such as Strategic Commodities.

We say “normally” because nearly every time another Financial Market Crisis has come prominently into the public eye in recent years The Cartel* of Central Bankers has successfully taken down the price of what would normally be the Safe Haven Assets - - the Precious Monetary Metals. A prime example occurred during the much-publicized demise of Bear Stearns in March, 2008, which was accompanied by a vicious Takedown of Gold and Silver. In a non-manipulated Market, given the fact that Bear Stearns reflected great and increasing weaknesses in the Financial System and Economy, Gold and Silver should have skyrocketed. But instead they were dramatically taken down.

Yet, the late 2008 - early 2009 Crises appear to be different. Gold launched from the mid $700s/oz. to around $900/oz. during September, 2008, fell back to the low $700s and then launched again toward $900 in December, 2008 and has actually reached $1,000 in 2009.

But as of the beginning of March, 2009, Gold had been taken down to nearly $900, and this in the midst of the greatest Financial Crisis since the Great Depression. Considering these facts can it be doubted that the price of Gold (and Silver) is heavily manipulated?

A major premise of The Strategy is that one can certainly remain a Hard Assets Partisan (as Deepcaster is) while at the same time insulating oneself from future Takedowns. The following points provide an outline of The Strategy (particularly as applied to the Gold and Silver Markets) and are designed to help avoid Portfolio unpleasantness, or even possible financial ruin, in the future, as well as to profit along the way:

1. The Cartel is still the Biggest Player in many markets and, if the timing and market context are propitious, the Biggest Player makes Market Price. In addition, The Cartel has the advantage of de facto controlling the structure and regulation of various marketplaces and that is a tremendous advantage;……. Accumulate Hard Assets near the Interim Bottoms of Cartel- induced Takedowns.

2. In order to know when one is near the bottom of a Cartel-generated takedown, it is essential to take account of the Interventionals as well as the Technicals and Fundamentals. …………&hel...

Deepcastor extends the investing strategy but points out that………….The “Physical” and “Juniors” are for holding for the long-term as a Core Position.

Deepcastor recommends:

1. a) Become involved in the movement to abolish the private-for-profit U.S. Federal Reserve as Deepcaster, ex-Presidential candidate Rep. Ron Paul, and legendary investor Jim Rogers, all have advocated. Rep. Paul introduced Federal Reserve Abolition Act, H.R.2755 in the last Congress.

b) Join the Gold AntiTrust Action Committee, which works to eliminate the manipulation of the Gold and Silver markets (www.gata.org). GATA is a non-profit organization, which makes a great contribution by gathering evidence regarding the suppression of prices of Gold, Silver and other commodities.

c) Work to defeat The Cartel ‘End Game.’ Deepcaster has laid out the evidence regarding the Ominous Cartel “End Game.” Clearly The Cartel is sacrificing the U.S. Dollar to prop up Favored International Financial Institutions and to maintain its power. But this sacrifice cannot continue forever.