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The Gold Scam of the Century
Posted By James R. Gorrie On February 24, 2012 @ 5:00 am In Articles,News,The Gorrie Details | 1 Comment
Those who see reality for what it is know that it won’t last for long…
Because it can’t.
The main reason being that the Greek economy will continue to shrink as it cuts spending, slashes government employment and salaries and raises taxes…
All in a vain attempt to make good on interest payments that assume a 1% annual growth in GDP.
Is this really going to happen?
Of course not.
A new wrinkle has emerged in the details of Greece’s “bailout” that puts the Eurozone Crisis in a whole different light.
There is another piece to the deal puzzle that makes everything much clearer…
And that other puzzle piece is…gold.
You see, not only is Greece entering a period of absolute debt slavery to European Banks…
But those banks—which, by the way, were bailed out of their own bankruptcies—are now entitled to physically remove all of Greece’s national stores of gold.
How could this be?
Why would it be?
The Perfect Failure
Let’s take a brief look back at the foundation of the Euro…
Suppose you created a monetary system that was designed perfectly…to fail?
What would it look like?
Well, the first thing you would need is a currency that many countries can use…
You would convince them that they will be better off than before because they will be able to borrow more, for less…
It’s the old street hustling heroin dealer trick of giving the first couple of doses free…
But once you’re hooked on that high, there’s no going back, and your dealer knows this all too well.
What you don’t know, but will find out over time, is that your new habit will cost you…everything.
And that’s just what Greece is finding out right now.
It’s a sure thing that the other PIIGS nations are seeing this and feeling quite nervous...
Because the same thing will happen to them…
They just haven’t reached the point where Greece is…yet.
Not only is Greece beneath the boot heels of Germany, the European Central Bank, and the IMF for a very long time…
But they have also lost all fiscal sovereignty to the international bankers.
I wrote about this very outcome in The Gorrie Details back on July 12, 2011, when the default talks were going…not well:
…the ECB is to take control of the Greek economy lock, stock, and barrel. If you think the violence in Greece in bad now, just wait until Greece loses what is left of its sovereignty, with austerity measures imposed by the European Community, backed up by European Union military forces.
As it turns out, military forces have been unnecessary to make Greece the poster boy of the new European vassal state.
And that is exactly what Greece has become.
Greeks today face a future of poverty, hardship, and desolation due to their government’s spending habits enabled –and encouraged--by the Eurozone bankers.
And as a result of their irresponsible borrowing, Greece is literally being pillaged by these unelected, well-dressed looters.
Imagine; the Nazi’s had to use heavily armored blitzkrieg warfare to plunder their European victims…
But the bankers of the 21st century?
They can do it quicker, quieter, and better than the Nazis ever dreamed about, over a lunch of champagne and canapés, with only pen and paper in hand as they re-write Greece’s constitution to “allow” the seizure of every ounce Greek gold...all 111.6 tons of it.
It would not surprise me in the least to see banks take “ownership” of the Parthenon or any other fixed, i.e. immovable asset in Greece.
But the gold is the big deal here.
According to the World Gold Council, there are 3,234 tons of gold among all the PIIGS countries…
So, in exchange for lending hundreds of billions of Euros—which are backed by…nothing—international bankers get to take over groups of countries and all the gold they can find.
Now that’s a scam for the centuries.
But that’s just the half of it.
Not only will the PIIGS become slaves to the money lenders…
And not only will the money lenders take possession of the national treasures of debtor nations…
But they will also have a big influence on… gold itself.
This move should push gold to unseen highs before too long.
If they can—with pen and paper—take the yellow metal from “sovereign” countries, they can certainly fix a price to it as well…
And while they’re at it, why not pass a few laws that punish private ownership of gold and outlaw transactions in gold, just to keep everyone in line?
After all, you know the golden rule…
But there are two other aspects to this heist scheme that are quite disturbing…
The bankers and banking system that will be busy pillaging and enslaving the smaller European nations…
Must have some plan to do the same to the larger nations.
Why stop at the little ones?
And the other disturbing aspect of all of this?
The banks doing this were bailed out by none other than…the Federal Reserve.
And those are…The Gorrie Details.
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