Journal: China, Gold, Silver, and the Future

02 China, 03 Economy, Civil Society, Commercial Intelligence, Earth Intelligence, Government
China Gold
China Gold - Full Story Online

How and why China will flood the gold market

Number is even more striking for silver

Phi Beta Iota: Three points:

1.  An audit of Fort Knox will probably disclose that USA has half its claimed holdings in gold.

2.  China is leveraging the considerable buying power of its multi-billion population in a very clever manner.

3.  China has 80% or more of all the other precious metals including those needed to create green energy, still in the ground–the rest of the world will pay dearly for them  The USA has failed to do a current strategic resources survey and has no strategy for getting into the future in any semblance of peace and prosperity for all.

Below the Fold: Reference Links on Chinese Strategic Minerals

Continue reading “Journal: China, Gold, Silver, and the Future”

Journal: Gold, Treasury, Wall Street, & Stuff

02 China, 03 Economy, 10 Transnational Crime, Commerce, Commercial Intelligence, Ethics, Government
Gold Anti-Trust Action Committee Home
Gold Anti-Trust Action Committee Home

Below are six flagged Alerts from a source we have learned to trust.

Morgan Chase CEO touted as Geithner's replacement

What is very interesting about this is that Mack is the only guy on Wall Street the Chinese leadership really trusts.  There is no real difference between Goldman Sachs, Citi-Bank (the original Black Eagle Trust holder) and Morgan, although Mack does seem considerably more classy, and perhaps more able to get a grip on reality going into the future.

Welcome to Stage Two of Gold's Bull Market

CNBC's Santelli blurts it out: Central banks suppress gold

Scenes from the Munich precious metals conference

Developing world's central banks have plenty of room for gold

Continue reading “Journal: Gold, Treasury, Wall Street, & Stuff”

Journal: Goldman Sachs Five Strikes

03 Economy, Commerce, Commercial Intelligence, Ethics, Law Enforcement

Full Story Online
Full Story Online
Cody Willard Home
Cody Willard Home

GS a short? And five reasons we hate Goldman Sachs

Cody Willard      November 19, 2009

Here are five reasons why we want Goldman Sachs destroyed and buried so we can dance on its grave and why these crony apologists are wrong when they say that the “populist outrage at Goldman Sachs is misplaced”.

1. The AIG bailout was a covert bailout of Goldman and we want our  money back.

2. Goldman became a “financial holding company” after it became a  “bank holding company”after it realized it was going to be insolvent  even after it got Stephen Friedman to write them a $13 billion check from AIG funded with taxpayer money.

Continue reading “Journal: Goldman Sachs Five Strikes”

Journal: Federal Financial Difficulties

03 Economy, 10 Transnational Crime, Budgets & Funding, Commerce, Commercial Intelligence, Ethics, Government, Reform

Wave of Debt Payments Facing U.S. Government

By EDMUND L. ANDREWS

WASHINGTON — The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.’s on terms that seem too good to be true. But that happy situation, aided by ultralow interest rates, may not last much longer.   Treasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term borrowings that come due in the months ahead, and interest rates that are sure to climb back to normal as soon as the Federal Reserve decides that the emergency has passed.

Revisiting a Fed Waltz With A.I.G.

By GRETCHEN MORGENSON

‘A government report on the bailout of A.I.G. is must reading for taxpayers looking to know why the $182 billion “rescue” is the most troubling episode of the financial disaster.')   …  The Fed, under Mr. Geithner’s direction, caved in to A.I.G.’s counterparties, giving them 100 cents on the dollar for positions that would have been worth far less if A.I.G. had defaulted. Goldman Sachs, Merrill Lynch, Société Générale and other banks were in the group that got full value for their contracts when many others were accepting fire-sale prices.

By TOM RAUM (AP)

WASHINGTON — Suddenly the Federal Reserve is everybody's punching bag.  …  Strip the Fed of its bank regulation powers, some in Congress are demanding. Get probing audits of its behind-the-scenes operations, others say.

Continue reading “Journal: Federal Financial Difficulties”

Review: Common Sense–the Way Back

01 Poverty, 03 Economy, 11 Society, Civil Society, Collective Intelligence, Commercial Intelligence, Cultural Intelligence, Ethics, Government, Reform
Amazon Page
Amazon Page
5.0 out of 5 stars Patriotic Love and Common Sense For All
November 21, 2009
Felton Williamson, Jr.
By remarkable coincidence, Sarah Palin's new book, Going Rogue: An American Life just came out, jumped to the top of my ‘waiting to read” stack, and includes the phrase “Commonsense Conservative” is featured in that book. Combine it with Richard Branson's “Gaia Capitalism” and you have the makings of something special.

This book is short (123 pages), easy to read, and an inspiring patriotic labor of love, a gift to all of us who care deeply for American the Beautiful and are confused and/or angry about all that has been done “in our name” by the festering cesspool of Washington-based politicians and senior bureaucrats who live to claim budget share (inputs) rather than deliver public service (outputs).

The author provides the single best, most complete, and most sensible demarche against EARMARKS that I have ever seen. Included are eight illustrations and I will list them here because they capture the essence of this book's common sense:

Continue reading “Review: Common Sense–the Way Back”

Journal: Fake Gold Bars from China to India, Made in the USA–Federal Reserve and Bank of NY Accused–Meanwhile, Prison Planet and Bullion Vault Say No

02 China, 03 Economy, 03 India, 06 Russia, 10 Transnational Crime, Commerce, Commercial Intelligence, Ethics, Government
Full Story Online
Back-Up Copy Online
Original Online Source
Original Online Source

Phi Beta Iota: We are NOT making this up.  People from around the world are starting to send us this stuff, and we love it–this clearly demonstrates the power of public intelligence in the aggregate, and the importance of multiniational information-sharing and multinational sense-making, the bulk of which is not now and never will be “secret.”  We would not be at all surprised to start seeing Goldman Sachs and Bank of New York executives dying like flies, with former Secretaries of the Treasury and Chairs (and NY Governors) of the Federal Reserve having pride of place on the hit list.  The Russians and Chinese (and soon the Indians) all have a right to take “extreme exception” to the state-sponsored crimes the above document discusses.

Preliminary Rebuttal
Preliminary Rebuttal

The Rumor About London Good Delivery Gold Bars That Are Allegedly Filled with Tungsten

BullionVault says: Accredited custodians only take in bars from other accredited vaults, and metal only enters the system from accredited refiners. Even when they bear the correct bar stamps, large gold bars are not usually accepted from people outside the Good Delivery circuit, which is why taking a Good Delivery bar into private possession seriously dents its value.

Phi Beta Iota: Hubris cannot be discounted, and since the Federal Reserve is part of the Good Delivery Circuit and its integrity has been severely impugned, this issue must join the matter of pre-9-11 gold evacuation from the World Trade Center as requiring further investigation.

Reference: Gangs in the US Military

08 Wild Cards, 10 Security, 10 Transnational Crime, Commercial Intelligence, DoD, Government, Military, Peace Intelligence
Assessment Report
Assessment Report (2007)
Briefing with Notes
Briefing with Notes
Briefing without Notes
Briefing without Notes

Phi Beta Iota: We have been highlighting our couinterintelligence deficiencies since the 1990's, primarily focused on the need for religious counterintelligence, but also on the need to recognize that sub-state and non-state groups are legitimate threats in and of themselves.  Today the US military it thoroughly penetrated by multiple networks from Opus Dei and the Mormons to radical Islamics and plain street gangs happy to not only receive advanced training, but access to easily stolen weapons–one of the dirty little secrets of the US military is how little control it has over the primary weapon of mass destruction on the planet, small arms (which we also like to sell liberally to anyone with cash and especially dictators).

Continue reading “Reference: Gangs in the US Military”