The One Road To End Precious Metals Corruption
posted on
Dec 10, 2013 12:58PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
December |
The One Road To End Precious Metals Corruption
On a near-weekly basis; we are (finally/belatedly) seeing exposed financial mega-crimes which are hundreds of times, and in some cases thousands of times larger than any other financial crime in History. As precious metals investors (and regular readers) are well aware; many of these crimes are perpetrated over and over again in our precious metals markets.
Over the past dozen years or so, many well-meaning individuals and institutions have sought to expose – and thus presumably put an end to – the rampant financial crime in these gold and silver markets. There has been the "smoking gun" testimony of metals trader, Andrew MacGuire. There has been a litany of quasi-confessions from various Western banking officials on past and ongoing efforts to "stabilize" (i.e. suppress) the gold market, in particular.
Then there are the markets themselves. We see prices jerked up and down (mostly down) in large, absolutely vertical moves, on a near-daily basis – an impossibility in any large, legitimate market. We see prices and inventories plummeting straight down, simultaneously – also an impossibility in any legitimate market.
We see the miners who produce these metals being relentlessly driven into bankruptcy, because prices aren't allowed to rise high enough to even allow these companies to break-even, while at the same time global demand is spiking to unprecedented levels. But to borrow a line from an old movie, "who you gonna call?"
In 1984; Hollywood's answer to that question was "Ghostbusters". In 2013, in the midst of history's worst financial crime-wave, from history's biggest Crime Syndicate; who you gonna call? No one.
After more than a dozen years of "exposing" the crime in these markets; today these markets are more corrupt than ever, by far. Albert Einstein famously remarked that "the definition of insanity" was to repeat the same action, but expect a different result. This makes most precious metals commentators/activists insane (by definition): continuing to endeavour to "expose precious metals corruption"; continuing to expect a different result.
Further illustrating the insanity of this activity is the obvious futility of these efforts. After spending five years investigating the most extreme, sustained (criminal) manipulation of any market in history – the silver market – the West's largest "regulator" of these corrupt markets (the CFTC) pronounced the silver market clean-as-a-whistle.
The U.S.'s Attorney General, Top Cop in the land, went much further than that. He openly pledged to refuse to prosecute these Mega-Criminals for their mega-crimes, and to obstruct any other jurisdictions from doing so. His excuse for flatly refusing to execute the sworn duty of his Office? These mega-bank, Mega-Criminals are (supposedly) "too big to fail."
This alone is conclusive proof of the irredeemable corruption of our present system. In (legitimate) capitalism; the concept of "too big to fail" does not and cannot ever exist. Rather, in legitimate capitalism there is only the diametrically opposite consideration:
For more than 200 years; the most rigorously enforced regulations of our entire economic system were our "anti-trust laws": laws preventing corporations from ever reaching a fraction of the size of the 21st century's oligopoly/monopoly monstrosities. But as our governments (and regulators) became more and more corrupt; first these anti-trust laws were laxly enforced, now they are completely ignored.
How did this happen? One of History's most-infamous financial villains blurted out the Ultimate Truth over three centuries ago:
"Give me control of a nation's money supply, and I care not who makes its laws." - Mayer Amschel Rothschild (1744 – 1812)
What was the reasoning behind this Banker's arrogant boast? Whoever controls the money-supply of any nation/economy can simply funnel infinite amounts of free money into their own pockets – and with that money they can buy all the Lawmakers. This is precisely the reality we face today.
In a previous commentary, The One Bank; I extracted the unstated conclusions from the scientific modeling of a trio of Swiss academics: there is a single Financial Monopoly which by itself controls approximately 40% of the global economy. Not a mere "40% control" of the financial sector (it has 100% control there); but control of 40% of all sectors of the global economy.
This One Bank is an entirely illegal entity, hundreds of times larger than any corporate entity is ever supposed to be allowed to exist. Over the centuries, as all of History's renowned capitalist theorists sang the praises of "capitalism"; their enthusiasm was always accompanied by an unequivocal caveat: all the benefits/virtues of capitalism vanish if we ever allow corporations to reach the size/scope of a monopoly or oligopoly.
Capitalism is an economic system whose success is entirely dependent on "free markets" and competition. Conversely, the sole raison d'etre of every monopoly/oligopoly which has ever existed is to eradicate competition.
Now, after a quarter century of corrupt governments refusing to enforce our most important laws; competition has been nearly entirely exterminated in the West, and in most of the global economy. And with the end of competition (not surprisingly), we see the end of the Rule of Law.
You want to report a "financial crime" in the West? To whom? A year ago we witnessed the largest crime in human history finally being exposed: the One Bank's serial, criminal manipulation of the $500 trillion dollar "LIBOR" debt markets. A year later; nothing has been done.
No one has gone to prison, and the crime continues. The same Crime Syndicate continues to manipulate this $500 trillion debt-market, and our (totally corrupt) governments/regulators continue to allow this completely exposed crime to take place. How can this be? Because (in the eyes of our Traitor Governments) even the crimes of the One Bank are now "too big to fail".
It does no good to replace the corrupt "cops", when our corrupt government will simply appoint other corrupt cops in their place. It does no good to even replace the corrupt government when the Crime Syndicate which has a choke-hold over our printing press can buy the next government – out of its "petty cash" drawer.
Every year, the West's central banks (tentacles of the One Bank) give this Crime Syndicate $trillions in free money: the aggregate of our "quantitative easing" and endless (so-called) "0% loans". Then, thanks to the obscene perversion of "fractional reserve banking"; the One Bank is able to multiply all those free $trillions by thirty – roughly $100 trillion of free, play-money every year ($100,000,000,000,000).
Even if the One Bank was only 1% as large as its present size, it would still have more than enough free money to fulfill Mayer Amschel Rothschild's boast – and buy whatever government it desires, so it would be free to continue its organized crime.
It is elementary commentary sense that when afflicted with any illness that we should always seek to address (i.e. "cure") the Disease, as opposed to merely treating the symptoms. But what do we see with our 21st "financial Disease" – a disease one hundred times worse than any other "financial epidemic" in history?
The only people even trying to do anything about this situation still focus exclusively on the symptoms (the crimes) and continue to steadfastly ignore the Criminals (the Disease itself). And this insanity continues to persist even after the Attorney General of the United States has publicly pledged to never do anything about those symptoms.
What part of the phrase "never do anything" do readers (and other commentators) struggle to comprehend? Continuing to expose-and-report crimes (i.e. symptoms) when we already know – conclusively – that nothing will ever be done about those crimes is a somewhat less-productive activity than spitting into the wind.
Our current paradigm is as simple as it is bleak: one gigantic Crime Syndicate rules our markets, our governments, our societies. Those who are dissatisfied with this status quo can (only) choose to do one of two things. They can seek to publicize, expose, and (eventually) smash this Crime Syndicate – this "One Bank" – or, they can continue to spit into the wind.