>GOLD BULLS ON ROLL (GLOBAL MARKET RESEARCH)
Gold awakens from Summer Slumber, Eyes $1,000 /oz
The value of gold has been the subject to intense debate for centuries. Baron Nathan Rothschild, the richest man in Britain and probably in the world during his lifetime once commented, “I only know of two men who really understand the true value of gold – an obscure clerk in the basement vault of the Banque de Paris and one of the directors of the Bank of England. Unfortunately, they disagree,” he remarked.
Nathan Rothschild, who used to lean against the famous “Rothschild Piller” at the London Stock Exchange, hung his heavy hands into his pockets, standing silent, motionless, and with implacable cunning, said, “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire. Whoever controls the volume of money is the absolute master of all industry and commerce.”
His brother Mayer Amschel Rothschild, operating the banking house in Frankfurt, Germany concurred, “Give me control of a nation’s money, and I care not who makes her laws,” he said.
From 1809, the Rothschilds began to deal in gold bullion, and developed this as a cornerstone of the family dynasty.
The gold market is shrouded in mystery, and many conspiracy theories surround it, but eyeing the volume of the money supply offers the most helpful clues.
Several other wise men have advised investors to be on the lookout for politicians who commit fraud upon unsuspecting citizens. “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. And while the process impoverishes many, it actually enriches some, and not one man in a million will detect the theft,” wrote John Maynard Keynes in his book, the Economic Consequences of the Peace, 1919.
“You have to choose between trusting the natural stability of gold and the honesty and intelligence of members of the government. With due respect for these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold,” advised George Bernard Shaw in 1928. “When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Fed writes a check, it is creating money,” explains the Boston Federal Reserve Bank.
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1 comments:
Yes I agree with you, I must say European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany.
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