Change Your Name To Rothschild Or Bernanke Bucks To The Rescue

The Europeans have returned from their long summer vacations only to discover their banks went bankrupt. Even the Rothschild owned BNP Paribas of France could not borrow money from the New York banks.

But the Rothschilds did not let that stand.

Later in the week Canadian finance blogger Harvey Organ (who is too technical for most readers) announced that money in large doses was flying out of America to Europe. And that the FED was selling paper gold and silver to push bullion prices down to make the euro and the dollar look good. Europeans have had massive runs out of their banks into gold. Austria is going to restrict gold buying. Bob Chapman says that is great. People will go to the black market for gold and drive premiums even higher.

For several weeks I have been telling you that Germany was going to refuse to bailout Europe but that Bernanke would print trillions of dollars and swap them with the Europeans for their bad assets. At one point, the Europeans had 16 trillion dollars in bad assets according to one expert. But Bernanke bought 6 trillion dollars as I previously mentioned. It appears Helicopter Ben will have to print a lot more money. Trillions of dollars more.

The Europeans want to wait until 2013 to change their laws so their Central Bank is more like the Federal Reserve. Currently they cannot monetize public debt like Bernanke does. The debts of Greece, Italy, Portugal, Spain and Belgium cannot be bought by their Central banks but are required by law to be bought by their banks and insurance companies.

And the Europeans still do not have one single euro. They have 17 separate euros. When Italy or Greece pull out of the Euro, you can see on the euro bank notes which country originally printed that euro. If Italy did, then you are handed lira that will buy nothing.

Geithner flew to Poland to meet with the 17 eurozone leaders. He wanted them to use fractional reserve banking to solve their problems. Borrow 400 billion dollars from Bernanke, deposit it as an asset, loan out 20 times that much or 8 trillion dollars to buy euro bonds to be exchanged for national debts and toxic assets. Problems solved. Except for Hyperinflation and food riots because nobody will have enough money to buy anything to eat.

The Europeans have decided not to move quickly to 2013 rules. They also decided to postpone their September showdown to October over Greece.

Let me explain why 200,000 Greek taxi drivers are extremely hostile. They have the same rules as New York City. To operate a cab you need a medallion which in Greece costs as much as a house. The Greek government sold the taxi franchise to a German company without paying the cab drivers for their medallions. The cabbies will not give up.

There is talk from Max Keiser of a stop gap loan of 500 billion dollars. That would only be a down payment to keep the French (i.e. Rothschild) banks open. In fact Keiser said it only took one day for America to respond to the Rothschild command for an American Bailout.

The Rothschilds owned Paribas is rumored to buy the government owned Soc Gen (Societe General.) The Rothschild owned Santander Group (a merged Spanish-Latin American drug dealing bank moving into retail banking as far north a England) could buy Credit Agricole, the other big French bank in trouble.

Gee. Wouldn’t it be nice to live in a country where all the banks are owned by the Prince of Darkness?

Of course all those Bernanke Bucks will come at a price. Think of yourself looking forward to a local drawing where first prize is a new car from a dealer in town. He is paid through advertising and not through the charity’s ticket sales. You have half of the 1,000 tickets sold. The car is worth £20,000 so you figure each ticket is worth £20 even if you only paid one pound each. You are on the phone trying to sell your tickets to a businessman when they announce on the radio the good news that 100,000 more tickets were printed and sold. You are now out the £10,000 you could have sold your tickets for plus the £500 you paid in. That is what will happen to Americans and Europeans when Bernanke can no longer print money.

Hint: Bernanke will not stop printing money until the dollar, the euro and the pound will not buy anything at all. But by then the Rothschilds will own everything including your children.

If you had changed your name to Rothschild just think how wonderful life would be. You could have Bernanke print 500 billion dollars every time you needed it.

Silver Update: If the Europeans can keep things going through October, then my prediction that silver would go straight up in November might be right.

The FED is pumping billions of dollars into shorting gold and silver. They want to keep silver below $50 an ounce. They will get killed covering naked shorts when silver goes above $50. That UBS trader who lost 2 billion dollars was naked shorting silver meaning he was selling paper silver and had no bullion to deliver.

The point I want to make is this:

After silver goes through $50, the FED will continue to print dollars to sell silver short to no avail. Bernanke has paper but no silver and no gold. As soon as everyone realizes what we do that Bernanke will print money until the dollar goes to zero value, then everyone will head for the exits. There will be no sellers of bullion because everyone will be getting out of paper dollars and euros to get into gold and silver bullion. That means there will be no resistance (i.e. no sellers) and silver will go straight up. At this point, the only safe exits are silver and gold bullion plus select mining shares.

My Prediction: When silver breaks $53 an ounce, there will be no resistance and the price will go up, up and away.

This is your last chance to get out of dollars, pounds and euros.

Hugo Chavez Update: He has not even seen the first ten tons of his 211 tons of gold. The Dutch have just now started to ask serious questions of their Central Bank as to just where their gold is. I might add that many people inside the Dutch government read Bob Chapman’s news letter.

If they do not have Mr Chavez’s gold, can you trust those same bankers to look after your money?

A NOTE OF CAUTION: I am not a financial adviser. Nor do I know your situation so please consult someone who is a professional before making any decisions.

I liked this writer. Too bad he is moving his blog
due to some AOL Huffington Post dispute.

http://www.creditwritedowns.com/2010/06/the-largest-european-banks-by-assets.html

About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
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8 Responses to Change Your Name To Rothschild Or Bernanke Bucks To The Rescue

  1. Pingback: Latest News | The Aussie Digger : Home of all Australian Veterans ex Service and Serving members

  2. Perhaps says:

    Hi again horse!

    “. As soon as everyone realizes what we do that Bernanke will print money until the dollar goes to zero value, then everyone will head for the exits. There will be no sellers of bullion because everyone will be getting out of paper dollars and euros to get into gold and silver bullion. That means there will be no resistance (i.e. no sellers) and silver will go straight up. At this point, the only safe exits are silver and gold bullion plus select mining shares.”

    Another awesome article you got here. On the above quote, Got a question for you since I really dont know. I do agree with you on the mining shares but when the dollar does indeed go to zero and you cash out in dollar denominated assets like mining shares, wouldn’t you lose money that way? You see, I’ve been seriously considering buying some mining stocks but worry that the dollar will one day soon go to zero and when I finally cash out the dollar will be worthless, thus my PM is in physical. Can you please explain your strategy so one may participate in mining stocks? Again, thanks for the awesome blog.

    • horse237 says:

      I am not a financial adviser. I personally am invested in junk silver coins because they will be easy to barter with after the collapse. If the dollar goes, you can sell shares for some other currency. I expect a 50% decline in purchasing power within 2 years or less.

      • Perhaps says:

        Yeah, Im with you on the debasing on the dollar. Have you ever thought about relocating to another country? Im giving it serious thoughts, China maybe Chile perhaps? Would love to get your take on this, thanks.

    • horse237 says:

      I wrote a memo to the group attempting to occupy Wall Street. This is it:
      Memo To #OCCUPYWALLSTREET : Make Jail To The Thief Your Theme
      https://vidrebel.wordpress.com/2011/08/31/memo-to-occupywallstreet-make-jail-to-the-thief-your-theme/

      The only problem is their organizing theme will be to get the money out of politics.

      In common American parlance your slogan sucks. I suggest Jail To The Thief.

      There will be no economic recovery until the fraud is stopped in Wall Street, in the City of London and on the continent of Europe.
      ——————————————————
      Eventually, they will learn a better tactic. Right now all they are doing is venting their anger. They need a focal point, a definite goal.

      • Perhaps says:

        Yeah, I remember reading your slogan,” jail to the thief”. Its perfect! Now, only if We The People stopped watching Simpson and Dancing with the Stars, hrmmm….

  3. horse237 says:

    I know some Spanish, French, Japanese and classical Greek. I think Chile would be the best place in Latin America. Australians and New Zealanders speak my language so they are a plus. I do have a profession which I could practice anywhere in the world.

    I hesitate to leave the country for two reasons. They have the same government and banking system we have . And the resistance to Evil to which I dedicated myself is most effective if practiced here in the United States. That is obvious since America or rather New York and Washington are two of the four centers of Evil in this world along with London and Tel Aviv.

  4. Perhaps says:

    horse,

    I guess there isnt anyplace safe to get away from the madness =X. Have you seen the videos on Occupy Wall St? They were arresting people for putting up tents over their belongings! Its kinda like NYPD was looking for an excuse to arrest/intimidate the protesters. I guess only in America will they arrest people standing up for justice but yet not one corrupt banker went to jail that I know of!! I understand the system needs to crash first before the healing starts but Im not so sure what the world will look like afterwards. Would it be light or darkness? I guess time will tell. Stay in touch buddy and keep up the great work! Thank you much.

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