NSA CIA & FBI All Tapping EU Embassy?
People are just starting to wake up that there are other people behind the curtain who just feel that have to know everything everywhere all the time. When our model correctly forecast the collapse of the Russian economy and the London Financial Times broadcast that all over the place, things started to get dicey at Princeton Economics. The CIA called and said they wanted me to go to Virginia and build the model for them. I declined, but offered to run any study they wanted. The responds – no – they had to own it.
The world of intelligence gathering is real. We had one client in Geneva that was a large grain company. But the requests we kept getting were for studies of just about everything other than grains. At a lunch in Geneva, I asked a banker I knew there about the firm and he bluntly told me they were a front for the KGB.
One of the reasons I stopped managing person money in the late 1980s was because I just could no longer be sure who was who. We had an account that I thought was a Saudi and it turned out to me Qaddafi. Then I thought I was dealing with the Gaon family out of Geneva, of whom Albert died in 2010. I was invited to the Grand Opening of Herald Square in New York. That turned out to be a front for the ownership of Ferdinand Marcos, which originally opened in 1982 as a retail mall on the old E.J. Korvette site, but was secretly owned by Marcos and the NY Post thought was fronted by New York brothers Joseph and Ralph Bernstein. It turned out Marcos was involved with Qaddafi and Adnan Khashoggi (b 1935). When Marcos fled the Philippines, the FBI came into my office and asked me where Marcos stashed the gold. They assumed I knew him and was the largest gold adviser so they connected the dots.
This is just the tip of the iceberg. There was Galina Vasilyevna Starovoitova (1946-1998) who was assassinated in her apartment. She was going to run against Yeltsin. In Russia they tried to slander her portraying her as a puppet of a Western Financier. That turned out to be me. Why? Her son worked in our London office so again they connected the dots.
What goes on behind the curtain you would not believe. Everybody is eavesdropping on everyone all because they think they might miss something. I have simply found that the people react to events they do not cause them. Nevertheless, this does not stop this idea that if they gather absolutely everything, somehow they will figure it all out. Sorry – it just does not work that way. They are putting the cart before the horse. Meanwhile, we lose everything worthwhile that once made our society “free”predicated first on human rights. I have been often referred to as the man that knew too much. Perhaps. Who really knows?
People are just starting to wake up that there are other people behind the curtain who just feel that have to know everything everywhere all the time. When our model correctly forecast the collapse of the Russian economy and the London Financial Times broadcast that all over the place, things started to get dicey at Princeton Economics. The CIA called and said they wanted me to go to Virginia and build the model for them. I declined, but offered to run any study they wanted. The responds – no – they had to own it.
The world of intelligence gathering is real. We had one client in Geneva that was a large grain company. But the requests we kept getting were for studies of just about everything other than grains. At a lunch in Geneva, I asked a banker I knew there about the firm and he bluntly told me they were a front for the KGB.
One of the reasons I stopped managing person money in the late 1980s was because I just could no longer be sure who was who. We had an account that I thought was a Saudi and it turned out to me Qaddafi. Then I thought I was dealing with the Gaon family out of Geneva, of whom Albert died in 2010. I was invited to the Grand Opening of Herald Square in New York. That turned out to be a front for the ownership of Ferdinand Marcos, which originally opened in 1982 as a retail mall on the old E.J. Korvette site, but was secretly owned by Marcos and the NY Post thought was fronted by New York brothers Joseph and Ralph Bernstein. It turned out Marcos was involved with Qaddafi and Adnan Khashoggi (b 1935). When Marcos fled the Philippines, the FBI came into my office and asked me where Marcos stashed the gold. They assumed I knew him and was the largest gold adviser so they connected the dots.
This is just the tip of the iceberg. There was Galina Vasilyevna Starovoitova (1946-1998) who was assassinated in her apartment. She was going to run against Yeltsin. In Russia they tried to slander her portraying her as a puppet of a Western Financier. That turned out to be me. Why? Her son worked in our London office so again they connected the dots.
What goes on behind the curtain you would not believe. Everybody is eavesdropping on everyone all because they think they might miss something. I have simply found that the people react to events they do not cause them. Nevertheless, this does not stop this idea that if they gather absolutely everything, somehow they will figure it all out. Sorry – it just does not work that way. They are putting the cart before the horse. Meanwhile, we lose everything worthwhile that once made our society “free”predicated first on human rights. I have been often referred to as the man that knew too much. Perhaps. Who really knows?
Metals Bull or Bear?
QUESTION:
Dear sir
I have read your articles extensively and i have a few questions…
You have repeatedly said that the tree must be shaken (for gold) but as far as i know gold and silver are in a BEAR market. This is not a correction in a bull market any more but a bear market (due to technical analysis). So my question is this: how can you be so sure that the metals will resume the bull trend sometime through 2014-15 and make new highs to 2020?
My second question is about stagflation… If we are moving to stagflation then the commodities should be in a bull trend, not bear trend as now…
ANSWER: As wild as it might sound to the non-Goldbugs, the metals are actually not in a bear market. The truth is they did not breakout into a long-term bull market and that will not take place until silver exceeded the 1980 high and gold breaks through the $2300 level.
How sure? This is about a 100% probability. The issue is not the metalsALONE. It is everything interconnected. For the metals to enter a REAL bear market gold must close BELOW $680 on an annual basis and silver BELOW$8.50. This rise in metals AFTER 2015 will be in general chaos and the drop in confidence in government. We are NOT at that stage now and there willNEVER be an HYPERINFLATION that is total nonsense.
The STAGFLATION is being cause by the fact that the cost of government is rising rapidly. Any small town is an example. They have 10 policemen and 5 now reach their 20 year retirement point. They now have to pay them 100% healthcare for life and then they have to replace them so the net cost is the equivalent of hiring 15 policemen. These politicians assumed that there was an endless pot of revenue and people will pay whatever they demand. They then exclude the cost of government from your cost of living so this is the real rise in INFLATION but it acts like a black hole sucking in everything around it. Because it is government and not industry, it consumes the national wealth and contributes nothing to the productive capacity of a nation. Thus, the rising cost of government because DEFLATIONARY and notINFLATIONARY from an economic productive perspective. Hence we end up with STAGFLATION never HYPERINFLATION for the state and local government cannot increase the money supply. The unfunded liability at the state and local level dwarf that of the feds.
It is not that the METALS will rise alone, this is the trend for TANGIBLE(Private) assets compared to INTANGIBLE LIABILITIES (Public) assets. Weather is also in a chaotic trend and we will see rising food prices. The excessive rain in Europe and in part of the USA is starting to reduce supply. So it is never possible to forecast the future unless you have EVERYTHING put together for we are never alone – it is all connected.
The metals had to come down or else interest rates could not have begun to rise. This is a series of dominoes and once the first goes, the second must follow. It is unfortunate that the gold promoters have tarnished the role of metals and filled the airwaves with such nonsense. They have done far more damage to the metals than people realize because the next rally will begin only after the TREE HAS BEEN COMPLETELY SHAKEN and the bulls ate thoroughly discredited.
Custodian Banks
QUESTION: What/Where is the nearest “custodian banker?”
ANSWER: We are trying to put a list together. Two in NYC are Bank of New York and Brown Brothers Harriman.
Ask you bank for a financial statement and asked directly what were their earnings from proprietary trading