Goldman Sachs Loses Money So Gold Prices Fall | Culture of Life News
OPEC was from day one, a cartel. Like all cartels, they made lots of money at first. But over time, everyone under the sun began competing because prices were artificially high and this lead to the inevitable gluts and sudden price collapses. The only tool to fix this for the Saudis and Texans was to generate wars against energy producers and boycotts like the one against Iran. This has now failed utterly. Also, rich bankers cooked up a stupid commodity futures scam called ‘derivatives’ which originally was only for wheat and corn, betting on the weather. Now, it is everywhere and utterly toxic and extremely prone to create price bubbles and collapses. This stupid market always goes rapidly to infinity and infinity is the bane of humans because it always ends with nothing instead of everything.
CAVE OF WEALTH AND DEATH PART 1 | Culture of Life News
YouTube – Cave of Wealth and Death Part 1
From the very earliest civilizations, before the very first cities, humans connected dark caves with wealth. They also connected wealth with death. The Greek god, Pluto, is the god of wealth and death, just for example. All mythological forces which humans used for thousands of years to understand the world of our species and the universe, are part of our brains. We can’t escape this legacy. We can only hope to understand it. Let’s look inside this mythological cave:
CAVE OF WEALTH AND DEATH —ALL ABOUT GNOMES | Culture of Life News (a must-read from my past articles)
Makinw And IMF Economist Want 6% Inflation | Culture of Life News
As our cartoon government limps towards bankruptcy, confusion about economic and political matters rise due mainly to a refusal to understand how Empires implode when they go to perpetual wars. The fantasy game in DC is running simultaneous with ever-expanding wars which rage onwards even as our own government collapses. The fictional spreading of democracy excuse which was fake from day one back in 1800, is now exposed as a farce to the entire world.
Global markets plunge as Fed pulls plug on QE -Global stock, bond and commodities markets slump as investors take flight as Fed signals end to QE3 and China’s cash crisis deepens. This news doesn’t surprise me all that much. The Chinese said last year they would limit the growth of credit and they did. Japan greatly expanded credit but mainly only for export international corporate purposes. The Fed Reserve announced they, too, were going to reduce lending to rich bankers who, in turn, must take into account real inflation, something they don’t want to do right now. So, the value of gold hoards is also falling. Commodities of all sorts are falling. Ditto, stocks. Etc. Continue reading