Monetary Reform
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The Mexican Standoff: Gold, Banxico and the Bank of England | Jan Skoyles | Safehaven.com

The Mexican Standoff: Gold, Banxico and the Bank of England | Jan Skoyles | Safehaven.com | Monetary Reform | Scoop.it

Late last month it was reported that Mexico are going to organise an audit of their gold stored at the Bank of England.

 

Financial journalist Guillermo Barba, writes that that the Mexican Superior Audit of the Federation ("ASF" in Spanish) has made an official 'recommendation' that the Bank of Mexico "should "make a physical inspection with the counterparty that has the gold under its custody, in order to be able to verify and validate its physical wholeness and the compliance with the terms and conditions of dealing with this Asset..." It was verified by the ASF that this has never been done by Banxico."

 

It turns out the Banxico, aren't really even that sure how many gold bars they own.

 

Barba's concern, along with many other individuals and countries, is that the gold may not even be there. In documents received by Barba, from Banxico, reference is made to the London Bullion Market Association which he finds 'disquieting.' This is of course down to the fractional reserve system which large bullion banks operate on. This can, of course, only survive if the countries don't come running for their gold at the same time.

 

The gold stored at the Bank of England came under (weak) media scrutiny at the beginning of the year when Germany announced that it would be bringing back some of its gold, not from the Bank of England, but from Banque de France and the ...


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Hal's curator insight, March 7, 2013 1:40 PM

This issue will not go away I think unless the gold is in each country's hands. And getting it there may result in something painful.

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The Feds Want Your Retirement Accounts

The Feds Want Your Retirement Accounts | Monetary Reform | Scoop.it
Must read post at End the Lie - Independent News :

 

 

 

 

 

 

 
The Feds Want Your Retirement Accounts
Quietly, behind the scenes, the grou[..]...

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Boston Terror: Don’t Let the Media Fool You… Again- Climb Up the Chain and Meet the Real Masterminds of Global Terror

Boston Terror: Don’t Let the Media Fool You… Again- Climb Up the Chain and Meet the Real Masterminds of Global Terror | Monetary Reform | Scoop.it

Here we go again- Déjà vu. Out of the blue we have a ‘terror event,’ a couple of pop-terrorists, and a new buzz-word nation-Chechnya. There they go again: USA Media tales made-in-government: Muslims, terrorists, fanatics, freedom-haters … this time from another exotic-sounding land-Chechnya.

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End The Fed Network - Sound Money for America! Audit the Fed - Repeal the Federal Reserve Act!

End The Fed Network - Sound Money for America! Audit the Fed - Repeal the Federal Reserve Act! | Monetary Reform | Scoop.it
We're working to pass bills to Audit the Fed in Congress and writing letters to every newspaper in America. Sound Money for America!

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Pierre Lassonde - Gold & Central Banks Fearful Of A Depression

Pierre Lassonde - Gold & Central Banks Fearful Of A Depression | Monetary Reform | Scoop.it

Today legendary Pierre Lassonde startled King World News by warning, “When you talk about the worldwide slowdown, the central banks are worried about a depression, and that’s why they are printing all of that money.” KWN has been reporting for some time now that the global economy has been rolling over, but Lassonde took it a step further. ...

 

Lassonde on gold: “I was very surprised in the summer that gold didn’t break the $1,500 level. I say that because Europe is really going into a recession, and I felt the lows were going to be breaking the $1,500 (level). But you know what saved the gold market? The central banks.”

 

“The central banks came in and bought almost 150 tons of gold in June and July, and the gold market never looked back. It was very stable, and it built from there. From here on in it’s very simple, when you look at the Federal Reserve, with QE3, when you look at the ECB with their OMT, which is really the way I look at it, OMG, ‘Oh My Gold,’ because they are essentially going to be monetizing Spanish and Italian debts.

 

"When you look at the Japanese Central Bank, they just announced their own QE3 program. It’s essentially all of the central banks around the world printing money. So what do you think gold is going to do?.... " click through for the rest of what he had to say.


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The Money Masters.

The Money Masters. | Monetary Reform | Scoop.it
The Money Masters explains the history behind the current world depression and the bankers' goal of world economic control by a very small coterie of private bankers, above all governments.

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The Money Masters

The Money Masters | Monetary Reform | Scoop.it
The Money Masters is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and t

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The Justice Department Has Officially Granted Banksters a License to Steal, Part III

Today, Justice Departments all over the world no longer care about serving up justice but rather only in serving the agendas of their money masters, the bank...

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The Money Masters

The Money Masters | Monetary Reform | Scoop.it
Must read post at End the Lie - Independent News : The Money Masters
Produced by themoneymasters.com

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IMF holds high-level roundtable on Structural Banking Reform

IMF holds high-level roundtable on Structural Banking Reform | Monetary Reform | Scoop.it
IMF holds high-level roundtable on Structural Banking Reform
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How the legacy of Thatcher and Reagan made the 2008 financial ...

How the legacy of Thatcher and Reagan made the 2008 financial ... | Monetary Reform | Scoop.it

All sort of explanations have been put forward to try and explain the 2008 financial crisis. Some of them have been almost unbelievably simplistic (most bankers are crooks – closer to the truth than most people care to imagine), while some of them have been irredeemably complex and opaque (anything written by Adair Turner)!


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Privatizing Europe

Nick Buxton: A massive European fire sale is one way finance is using the crisis to entrench neo-liberalism

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Are the G20 and IMF in the process of creating a Global Currency and Federal Reserve?

Are the G20 and IMF in the process of creating a Global Currency and Federal Reserve? | Monetary Reform | Scoop.it

While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported story is that the global gathering of central bankers and finance ministers is pushing forward with their plan for “supersizing” the International Monetary Fund. The end goal is to transform the IMF into a global Federal Reserve, with the ability to flood the world with huge new volumes of loans and currency. It would also wield vast financial regulatory powers.

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General Public Not Buying Governments Lies On Terroristic Acts Anymore

General Public Not Buying Governments Lies On Terroristic Acts Anymore | Monetary Reform | Scoop.it
Recent mass shootings and now bombings have not been as effective at stripping our rights in America as sinister factions of the government planed, and the general public is not buying the rhetoric anymore.
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Nestle CEO: Water Is Not A Human Right, Should Be Privatized

Nestle CEO: Water Is Not A Human Right, Should Be Privatized | Monetary Reform | Scoop.it
According to the former CEO and now Chairman of the largest food product manufacturer in the world, corporations should own every drop of water on the planet — and you’re not getting any unless you pay up.
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Audit the Fed Project - End The Fed Network

Audit the Fed Project - End The Fed Network | Monetary Reform | Scoop.it
Join our effort to send a letter to the editor of
every newspaper in America in support of HR 1207, S.604 and in
opposition to the Fed as Systemic Risk Regul…

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The Money Masters ~ Full Movie

The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole...Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money..." THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers. Segments: The Problem; The Money Changers; Roman Empire; The Goldsmiths of Medieval England; Tally Sticks; The Bank of England; The Rise of the Rothschilds; The American Revolution; The Bank of North America; The Constitutional Convention; First Bank of the U.S.; Napoleon's Rise to Power; Death of the First Bank of the U.S. / War of 1812; Waterloo; Second Bank of the U.S.; Andrew Jackson; Fort Knox; World Central Bank


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The Secret of Oz

The Secret of Oz | Monetary Reform | Scoop.it
In 1996, in a documentary called The Money Masters, we asked the question why is America going broke. It wasn’t clear then that we were, but it is today

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The Fed’s Newest Trick

The Fed’s Newest Trick | Monetary Reform | Scoop.it
Gary Gibson, Introduction...
Does the Fed's latest colorfully named plan amount to anything more than money printing and legerdemain?

 

"The money masters at the Federal Reserve have done a splendid job, haven’t they? Well, no, and all the more reason to End the Fed, in the legendary slogan of Ron Paul.

 

"Every few months since the great meltdown of 2008, there’s been some announcement that appears in the financial press about the latest fancy-pants move that the Fed will undertake to save the day.

 

"These guys aren’t just printing money! They are engaged in amazingly technical maneuvers that mere mortals can’t fathom. The catchphrases are multiplying: quantitative easing, Operation Twist, sterilized QE, ZIRP (zero interest rate policy) and now reverse repo..."


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New Documentary: “Jekyll Island”

New Documentary: “Jekyll Island” | Monetary Reform | Scoop.it
Watch a Trailer for the new documentary “Jekyll Island”, from the director of “The Money Masters” and “The Secret of Oz”, Bill Still.

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Richard Russell - Cyprus, Gold, & The World’s Money Masters

Richard Russell - Cyprus, Gold, & The World’s Money Masters | Monetary Reform | Scoop.it

... The key to control by the “haves” is the production of fiat, unbacked money.  Gold is the enemy of money created out of a computer.  When gold was removed as a discipline behind money, those who could create money out of thin air discovered the path to riches and control.  And they developed a hatred towards gold that was understandable.  

 

Gold was the monetary discipline that stood in their way.  This set off a long period of Fed-sponsored propaganda against gold.  Gradually, through the years, and as generation after generation passed on, even the common man in America began to agree that gold was a worthless relic, a useless ornament to be despised. ...


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Hal's curator insight, March 27, 2013 4:26 PM

Click through King World News full post by Richard Russell.

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The Price of Gold Is Crashing. Here's Why

The Price of Gold Is Crashing. Here's Why | Monetary Reform | Scoop.it
A JPMorgan index shows global consumer price growth moderating, disappointing gold bugs who bet on high inflation

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It's the economic paradigm, stupid! | People-Centered Economic Development

It's the economic paradigm, stupid! | People-Centered Economic Development | Monetary Reform | Scoop.it

'It is only when wealth begins to concentrate in the hands of a relative few at the expense of billions of others who are denied even a small share of finite wealth that trouble starts and physical, human suffering begins.


It does not have to be this way. Massive greed and consequent massive human misery and suffering do not have to be accepted as a givens, unavoidable, intractable, irresolvable. Just changing the way business is done, if only by a few companies, can change the flow of wealth, ease and eliminate poverty, and leave us all with something better to worry about.


Basic human needs such as food and shelter are fundamental human rights; there are more than enough resources available to go around--if we can just figure out how to share.


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Sepp Hasslberger's curator insight, April 21, 2013 7:49 AM

There is great economic injustice in this world, and it's programmed right into our economic system. Glorifying greed and supporting the greedy top players will tear this world apart ... unless we find a way to do better.