A Fractional Reserve Gold Standard: The Next Big Fraud

It is easy to predict what will happen once you understand the people who own the governments of the United States, England and Europe. They are bankers so you follow their money. And they are mostly Jewish so you follow the Rothschilds and Israel.

We are currently in the midst of several frauds that are taking every last penny from the middle and working classes. And we are in the midst of unfolding events new readers must first understand. I will explain these frauds first before revealing what the bankers are planning.

The most important event of 2012 will not be the American elections but will be this: The Federal Reserve, the Bank of England, the European Central Bank and the IMF lowering the The Really Big Boom in 2012. That is to say they will call for an international conference at which all currencies will be devalued. Translation: All prices in dollars will double. And this will permanently cut real American wages in half. As I said previously, Americans have more than 300 million guns and 10 billion bullets so we shall see what does happen.

The people who have owned the governments of England, the United States and Europe since before I was born have been stealing a lot of money and gold in preparation for this Next Big Fraud which is another Fractional Reserve Gold Standard. Hint From History: Fractional Reserve banking did not work out in 1348 Venice.

Back to the current frauds: When the US government runs a deficit, it sells bonds through the Federal Reserve bank of New York. But trillions of dollars more in bonds are sold than are required to fund the deficit. The bankers are allowed to keep the trillions of dollars they stole from the sale of fraudulent bonds.

They have also stolen trillions from unaudited government spending. On 9-10-2001 Secretary of Defense Donald Rumsfeld admitted he could not trace 2.3 trillion dollars in DOD spending. On 9-11-2001 a bomb killed the people tracing the missing trillions. This is before a plane or whatever it was hit the Pentagon. The bankers are also allowed to steal trillions from other federal departments as well.

The banks have been laundering drug money for 200 years. They currently launder a trillion dollars a year in drug money, 400 billion dollars a year in illegal weapons and 500 billion a year dollars in political bribes. They also launder money for human trafficking which sells 250,000 mostly women and children into slavery. The Russian-Israeli mobs are big in this field.

The bankers have made trillions from the Dot Com bubble of the 1990s and the ongoing mortgage backed securities frauds. The latter has cost American taxpayers 30 trillion dollars to date. Most of this will be paid for by inflation. The annualized growth in US M2 Money Supply is 29% and will soon reach hyperinflation levels. Ben Bernanke will be asked to print trillions of dollars to bail out the European banks and their trillions in bad investments. All that money printing will push us into hyperinflation.

The bankers have also been busy stealing gold. On 9-10-2001 a billion dollars in gold and silver was stolen from the COMEX vault at World Trade Center Tower 4. Just recently 144 million ounces in gold was stolen from Libya along with the 100 billion dollars in investments Libya had overseas. Photos have been seen of CIA agents with that Libyan gold. But we are told nobody knows where the gold went. And the bankers say they cannot find that 100 billion dollars in Libyan deposits but they are willing to loan at interest money Libya needs to repair the damage done by NATO.

Hugo Chavez asked for the return of the 211 tons of gold he had on deposit at the Bank of England, JP Morgan and other banks. To date he has not received his first shipment. Mexico bought 110 tons of unallocated gold but I have not heard of an actual delivery to a Mexican vault. Jim Rickards, a Wall Street insider, said the US should just keep the 3,000 plus tons of German gold on deposit in New York so America could go on a gold standard.

The gold supply of most nations has been steadily sold off while the price of gold went up until 1980, down until 2001 and upwards ever since. Government gold deposits have also been leased
to banks. This paper gold appears on the books of both the entity holding the gold and the one leasing the gold. Then the gold lessee can become a lessor and lease that paper gold out five more times.

There are many stories in the press of American gold bars have been tested and proven to be gold plated tungsten-steel bars.

So understanding the ability of the bankers to consistently steal money and gold without criminal indictments, do you doubt that the bankers have almost all of the gold?

German Bundesbank officials have told Russia Today reporters they estimate that China has 3 times as much gold as they publicly acknowledge. The Rothschilds have invested heavily in China and India. After the Soviet Union collapsed, the NY FED and the Harvard Endowment sacked and looted Russian state companies and pension funds to the tune of 240 billion dollars under Boris Yeltsin. The Russian economy was taken over by 9 men of whom 8 were Jewish. Putin has feuded with some of these men. But today the Rothschilds own Kinross which has extensive gold holdings in Russia.

The gold and silver markets were taken down recently by the Federal Reserve which paid banks and brokerages to short bullion and drive prices down. This makes the dollar look good. It also lets the banking elite buy gold and silver at bargain basement prices for their personal account. Of course the printing of dollars to naked short ten billion dollars of silver bullion in one minute against a rising market will cost those taxpayers a lot of money. Of course bullion and copper prices have been going up for the past few days.

The Chinese and a lot of other governments have been selling off their US Treasury bonds. The US and most European governments have been pressuring private pension funds to buy government debt. They will all be in for a rude shock when the US, England and Europe default on their Treasury bonds.

All that will be left will be hyperinflated currencies and gold and silver bullion. That is when the bankers tell you they have a currency for you that is almost gold backed. Actually, it will be a gold exchange standard with redemption available to banks and governments. They own the gold. They stole the money from you to buy whatever gold they did not steal from your national vaults. They will say this new paper money can be redeemed for gold provided you own a bank or a government. The problem is that there is just not enough gold at 165,000 tons to serve as a currency so they will deposit it in their banks and give you New Paper Dollars which are almost the same as gold. At $1,700 an ounce, they will give the people of the world a credit in their banks for a little over 9 trillion dollars. That could be more likely valued at multiples of $1,700 and 9 trillion dollars due to inflation.

They will, like their Venetian ancestors before them, create 50 trillion dollars in loans which will become your checking account and credit card money. And they will have you back at their banks paying interest on money they created out of nothing. And, if you have no gold which is not surprising because they stole almost all of it, they will loan your nation the gold they originally stole from you in exchange for all the homes, farms and natural resources in your country. You will be their slaves forever (at least in their dreams).

There is an alternative. We end forever all fractional reserve banking. We arrest the bankers and seize all of their assets to compensate the taxpayers and pensioners whose money was stolen. We then issue a new Greenback like currency.

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