Many previous commentaries have detailed the mounting crises faced by the One Bank in its own paper-bullion markets. Invariably, these “crises” are 100% self-created. This is easily illustrated by reviewing a few of its current (increasingly serious) problems.
On December 4th, 2008; Canada ceased to have a legal, legitimate government. It was on that date that Stephen Harper (and his Conservative regime) demanded that Parliament be illegally suspended, on the (supposed) grounds of a “national emergency”. And on that date; Canada’s Governor General, Michelle Jean, rubber-stamped Harper’s demand.
The world is running out of oil. Peak Oil is a reality, all that is open to debate is how fast production will drop off, and how quickly the world will simply run out of oil. The lack of certainty is due to the fact that (as with everything else) we can’t trust the “official” numbers fed to us, with respect to either global production or global reserves.
A major economic event has occurred. The government of Switzerland ended its “peg” to the euro with its own currency, the Swiss franc. This resulted in the franc catapulting higher in its exchange rate versus the euro (as well as other currencies). We know this is a major economic event, because the Corporate media has expended a considerable amount of time/energy “covering” and “explaining” this event.
The quick-and-easy way to categorize the retail sector of the U.S. economy would be to use the metaphor of “falling off a cliff”. However, such a characterization would be overly simplistic. A more accurate analogy would be to consider someone sliding halfway down the side of a mountain – and then falling off a cliff. This represents the retail sector of the largest “consumer economy” the world has ever seen.
The gold market of India has become one of the focal points of the precious metals sector, for several reasons. To begin with; India is historically the world’s largest market for gold, directly implying that India is also (very likely) the world’s largest repository of gold.
Making New Year “predictions” used to be an automatic, beginning-of-the-year exercise, to the point where readers generally expected such pieces from the pundits they follow. However, it is an activity which has died-out somewhat, a casualty of our propaganda-saturated Wonderland Matrix.
The Russian ruble fell a further 7% Monday. What is the “reason” cited in the Corporate media for this latest, further plunge in its “value” (i.e. exchange rate)? An “economic report” which shows that Russia’s economy is shrinking. Here we see the pattern of the economic terrorism perpetrated by the One Bank exposed.
Another day goes by. Another day of the West’s (the One Bank’s) economic terrorism against Russia: an overt attack on that nation’s currency, and thus the economy itself. As noted in the commentary which preceded this; such economic terrorism against the ruble damages Russia’s economy, on a percentage-for-percentage basis.