Friday , 29 March 2024

Noonan: U.S. Debt & the Expected Movement in the Price of Gold & Silver (+2K Views)

This article is a brief overview of how the U.S. government has come to be usurped by a banking cartel that10623945-the-word-debt-in-the-american-flag-colors-americans-in-debt controls government, media, corporations, etc. all because of their control over the money supply in the Western world, why they are desperate to keep their Ponzi scheme from unraveling  and being jettisoned in favor of gold and silver and concludes with a look at what the charts have to say about the future movement in both gold and silver.

The above are edited excerpts from an article* by Michael Noonan (edgetraderplus.com) entitled Gold And Silver – Debt Is Trouncing Precious Metals, For Now.

[The following is presented by Lorimer Wilson, editor of www.munKNEE.com and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]

Noonan goes on to say in further edited excerpts:

Animal Farm and 1984, meet 2014. The Western world no longer makes any sense, and common sense has been sidelined for decades. It is lies, deceit, and debt ruling supreme. The “American Way” which once was a standard for emulation is now a source of embarrassment, advanced by the bankrupt federal government doing the bidding of..those who adhere to and hide behind the Rothschild formula “Give me control of a nation’s money, and I care not who makes the laws.” – Mayer Amschel Rothschild.

The Transition of Power From the States to the Elites Who Control the Federal Reserve

Rothschild learned early on how incredibly profitable it was to lend to nations instead of individuals, and at times of war, profits soared even more. Wars were expensive. Troops had to be paid, munitions bought and, over a period of time, the expense of war drained a nation’s treasury.

Being recognized as the source for available funding, kings and rulers readily turned to the Rothschild family for money. The Rothschilds always demanded gold and silver in repayment, and when that ran out, control over the issuance of a nation’s money was then demanded. Long story short, with its unparalleled… accumulation, the Rothschild banking clan became almost the only source of money to run a country.

While the above may seem repetitive and, to some degree accepted as true, the review is presented as context for what follows.

It is not widely known is that the English Rothschild bank funded the North in America’s Civil War, while the French Rothschild bank funded the South. It did not matter who would win, the Rothschild’s were going to increase both their wealth and, more importantly for them, their influence in US politics. That had always been their primary objective.

Lincoln did not want to pay the bankers up to 36% interest for loans to fund the war. He decided to issue Greenbacks by the US government, interest free so that the country was not burdened with any interest costs, a very big deal.  Lincoln was assassinated, (draw your own conclusions), and after his death, Congress immediately repealed the Greenback law. It should be known that when Lincoln announced his use of interest-free money as a source of funding, bankers stormed to Washington, D. C. to complain bitterly. Message:  Never mess with bankers.

Prior to the Civil War, the individual states that comprised the United States were the primary source of power. After the Civil War, the Federal government started to take control of power from the states and placed them under its umbrella. The bankers, under the control of the Rothschilds, were gaining the influence for which they had been scheming.

A few decades later, the Federal Reserve Act of 1913 was (illegally) passed, and control of this nation’s money supply was now in the banker’s hands. It took 2 more decades to officially bankrupt the United States and cause the nation to cease printing any of its own U S Treasury Notes, which were backed by silver and gold, at the time. It was then that Roosevelt declared a “banking holiday.” The banking system was shut down for a few days, and when banks reopened, they were then under control of the Federal
Reserve and a few Wall Street banks.  (JP Morgan, Goldman Sachs, Chase)

For clarity: The Federal Reserve is a privately owned corporation. It isnot federal, there are no reserves, and what it issues are not Notes...Congress is mandated by Article 1, section 8, clause 5, of the original Constitution “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”

The government, as most people believe exists, in fact, does not. The government is under total control of the central banking system, the Federal Reserve. When a nation no longer issues its own currency, it is no longer sovereign.

Guess who has to pay the interest on the nation’s debt? Read Article 14, first sentence of section 4, of the now Federal Constitution: “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”

This will come as a surprise to most Americans, but it was the Rothschild faction, the money controllers, the elites, who had that section written into the federal constitution. No one is allowed to question the validity of the public debt, no matter how invalid it may be! Theft had become legalized with the passage of that Article 14 of the federal constitution.

It is your debt, Americans, and to make matters worse, you have to pay interest on every single dollar and cent loaned into circulation. Forget about what happens to how FRNs (Federal Reserve Notes) are treated once in circulation, their very existence is debt. There is no money in circulation. This country, the world, has been deceived into believing that a FRN is a “dollar,” just because the word appears on each debt instrument.

It was no accident that Roosevelt passed his useless but effective Executive Order that mandated all “persons” turn in their gold in 1933...The reason for it was that the elites wanted to eliminate competition for its fiat FRN. The handful of elites who controlled the money which controls the government wanted. If anyone should doubt that, where does the U.S. government turn when it wants money? To the Fed banking cartel, and that same cartel issues debt that earns them interest and the debt, by the way, can never be repaid.  It is a mathematical impossibility because the interest owed is never loaned into existence…

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Gold & Silver

Gold and silver are the exact opposite of debt. When you own gold and silver, you own it outright. It is substance without any third-party obligation(s). You know by the unrelenting manipulation of the price for both by the central bankers how desperate they are to keep it from challenging their grand fiat scheme. Many thought the Ponzi scheme was unraveling last year, and many still believe fiat will be jettisoned in favor of gold and silver this year, sooner rather than later. That does not appear to be the case.

The Charts

We are adherents of letting the market interaction of price and volume, as found in the charts, speak loudest and silence a great many “opinions” offered from a variety of sources [and the charts – go here for details – say that:]

  • while silver has not been able to gain as well as gold over the past several months, it has been holding its recent lows fairly well and, for as long as silver can hold it lows, as it has, the downside for gold may be equally limited, on a relative basis.
[Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]

*http://edgetraderplus.com/market-commentaries/gold-and-silver-debt-is-trouncing-precious-metals-for-now-2

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