Newsletter:
TY to Robert M*
Financial Crisis, Are You Ready?
May 18th, 2012 by Peter C. Bisulca
Many people may think the word “Crisis” is extreme. However, in my opinion, mankind is in the midst of discovering a falsehood that has been hidden from him for almost 100 years. I believe this will prove to be a positive for us, the American people. In the long run, I believe a new monetary system can and will be designed to empower us vs. enslave us.
The era of Central Banking is ending as we know it. Most countries have a Central Bank that is either owned by their government or has been appointed by their government to stabilize the country’s monetary system.
How can one bank stabilize a nation’s entire monetary system?
The answer is simple. Central Banks can create an infinite amount of money from thin air and inject it into the monetary system. Therefore, if there is a crisis, in an instant, a nation’s Central Bank can simply create money to provide liquidity to pay for the crisis.
One of many problems with this system is that evil and greedy people will tend to be attracted to controlling Central Banks for their own personal gain forming an oligarchy of power.
For the past several years Congressman Ron Paul has championed a bill to Audit the Federal Reserve. The bill failed to become law, but it did heighten Congressional awareness of the secretiveness around the Federal Reserve. As a result, a one time audit of the Federal Reserve was conducted thus far.
A quote from U.S. Senator Bernie Sanders July 21st, 2011:
“The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders.
The United States Federal Reserve is a private bank and not owned by the US Government. The members of this bank are a consortium of private banks and the membership list is not public information.
We toiling Americans are squabbling with each other over our nation’s debt and political ideology while these Central Bankers and their friends devalue and dilute “our” currency. The squabble over the national debt between Democrats and Republicans is nothing more than a giant distraction to an extraordinary robbery. This is exactly what the bankers want; the bigger the distraction of partisanship, the better it is for them.
It seems ironic or even idiotic that the American people are having such a rigorous debate over approximately 15 trillion dollars of national debt when the few members of the Federal Reserve printed 16 trillion dollars behind our backs since 2009 and lent it to themselves and their friends to save their failing businesses. We Americans would be better off having the Key Stone Cops protect our money. If people aren’t reading specific periodicals, this event would go on unknown to most Americans as no major mainstream media news channel has covered it.
Why after almost 100 years of this system is the Economic Crisis Happening now?
Answer:The system is so weighted down with debt that, in desperation, Nations are turning to their Central Banks for help, in other words, they want their Central Bankers to print money from thin air to pay their debts and even allow them, the Governments, to keep deficit spending. This kind of public abuse of the Central Banking system lowers consumer confidence in the value of the paper currency. Simply said, people will stop trusting the value of paper money. The average investor is starting to discover that “gold” is real money, and the fiat currencies cannot be trusted any longer.
This trend can be seen in gold prices. In recent months, gold prices have been soaring. The price of gold is a barometer of investor confidence in paper money and paper assets such as stocks and bonds. The lower the confidence investors have in paper money, the higher the price of gold can go. Personally, I believe this trend is in its infancy stages and as nations prove that they cannot make their debt go away, they will try and force their Central Banks to print money to try and save their economies. As the economies fail to heal, gold prices are likely to be driven higher.
You see, there is something instinctive within people who relate to gold as real money. It has been the case since the beginning of mankind and it still is the case today. Investors are voting with their money in the free markets, and they are casting their votes for “gold” as real money.
The Peolpe Have Decided, Gold is Real Money! [cartoon]
May 2012, New Time Financial ©
The Central Bankers know that investors are shying away from their fiat currency. The Central Bankers and their wealthy elite friends are desperately trying to hold onto their power and they will go to great lengths to stymie the price of gold. Therefore, as gold rises in price, watch for the cash requirement of gold to increase repeatedly.
CME Group Inc. raised the margin requirements on gold trading at its Comex unit twice in August, 2011. The last increase rose the minimum cash deposit for borrowing from brokers to trade gold futures by 27 percent to $9,450 per 100-ounce contract in the speculative Tier 1 category.
As the cash requirement for gold increases on the gold exchanges, the less gold traders can leverage their position on margin. This creates artificial margin calls. These events will create temporary setbacks in the price of gold, but over the long term I believe the cheap tricks of the Central Bankers will give way to higher prices driven by higher demand.
How will this Economic Crisis play out?
I believe that the zombie banking businesses that have been artificially propped up by Central Banking will continue to suffer and drain the economy. The general economy and the personal financial affairs of people whom are not savvy to the Economic Crisis will greatly suffer economically.
Eventually, the suffering of the masses will drive people to a heightened sense of awareness. Then it will be possible for nations to vote into office elected officials that will vote into law a monetary system that replaces Central Banking as we know it today.
Prices of assets may then finish falling to meet natural demand. Interest rates may adjust and be determined by the free markets. Free markets will prevail and entrepreneurs may build new businesses and hire people to help fulfill their business plans. Corporations may invest in new businesses and create new technology; hence a new economic boom may arise.
My prospective of America’s future in the long term sounds good, but how will you transition your wealth from the old economy to the new one? Will you ignore my warning and go on listening to the deliberate misleading information on TV or will you think for yourself and build your own life boat.
Will you continue to ride the stock market roller coaster down or move your money out into safe havens?
link to my book's website: http://www.wcrbook.com, also available on Amazon.comIn my book, The Wealth Creation Revelation, I offer a simple and easy prospective of our monetary system as well as a wealth creation strategy, S.P.L.I.T., that can help you, not only preserve your wealth, but also help you prosper from the Economic Apocalypse. The book consists of 79 pages, 20 cartoons, and simple-easy reading. After two hours of reading you will have a much better understanding of exactly what needs to be done for yourself and your family’s financial stability.
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