The thoughts expressed here are not those of the Republic of Dan but they have stimulated further thinking within the Republic. The truth is often only discernible by the hole it left when it was taken away. Best of luck to you my friend on your journey.
Wednesday, 28 November 2012
divide and conquer
... I’ve accidentally stumbled upon a subculture of men who’ve told me, in no uncertain terms, that they’re never getting married. When I ask them why, the answer is always the same: Women aren’t women anymore....
...It is precisely this dynamic – women good/men bad – that has destroyed the relationship between the sexes. Yet somehow, men are still to blame when love goes awry. Heck, men have been to blame since feminists first took to the streets in the 1970s.
But what if the dearth of good men, and ongoing battle of the sexes, is – hold on to your seats – women’s fault?
You’ll never hear that in the media. All the articles and books (and television programs, for that matter) put women front and center, while men and children sit in the back seat. But after decades of browbeating the American male, men are tired. Tired of being told there’s something fundamentally wrong with them. Tired of being told that if women aren’t happy, it’s men’s fault.
source
FREE SEX !!
There is no free sex and this is not the only time you've been tricked.
This planet is a prison and you dont know that.
Monday, 19 November 2012
Dr Peter Beter and the 3 rival factions for world dominance
The Three Rival Factions for World Power
Decades ago Franklin D. Roosevelt said: "Nothing in politics ever happens
by accident. If it happens, you can bet it was planned that way."
Decades earlier Benjamin Disraeli, famed as the Victorian-era Prime Minister
of Britain, wrote: "The world is governed by people far different from those
imagined by the public."
Taken together, these two statements illustrate the basic premise which
underlies all of the Dr. Beter AUDIO LETTER tape reports. This premise is that
major events in politics, economics and international relations are the products
of deliberate moves by largely unseen power factions in the world. All of
these factions seek to increase their influence over us, the general population
of the world. Each one also wishes to increase its own power at the expense of
the other power factions.
Thus there is an ongoing power struggle of titanic dimensions which
constantly shapes the news, yet which is little understood--indeed
unsuspected--by most people. If these forces are not recognized or understood,
current events are inherently baffling, no matter how diligently one may follow
the news. This leaves even the best-educated and most intelligent of persons
vulnerable to manipulation to suit the purposes of those who pull the strings
behind the scenes. By contrast, if the largely unseen forces are known and
understood, major events become far more understandable and even, to some
extent, predictable. Those informed about these things become far less
vulnerable and more difficult to fool by manipulated news and news events.
To choose just one of the many dramatic examples from the AUDIO LETTER
series, consider the Guyana Massacre at Jonestown in November, 1978. From
start to finish, the Guyana story was filled with anomalies, unanswered
questions, conflicting government statements, and news reports that did not
quite add up. It began with the slaughter of a U.S. Congressman and
accompanying newsmen, yet there was never a subsequent congressional
investigation. The victims died of cyanide poisoning, an excruciating death
which leaves the face contorted in agony, yet the victims were found arranged in
neat, peaceful-looking rows...face-down. A few days after the massive infusion
of American military teams supposedly for clean-up operations, there were sudden
huge jumps in body-bag counts. Hurried explanations by Pentagon spokesmen were
so incredible that they were withdrawn and replaced by different stories.
These and many more oddities about the Guyana episode were never resolved, but
simply left to fade away from the public memory with time. For those unaware
of the behind-the-scenes forces at work in the world, Guyana will remain forever
unexplained...as if events so bizarre, major and chilling can happen for no
reason at all.
The key missing ingredient in all the news reports about Guyana was the
existence of a secret Soviet intermediate-range missile base, not far from
Jonestown. Dr. Beter had reported publicly about the base on many occasions
for over four years prior to the sudden headlines from Guyana. He had also
reported on the collapse of a cooperative arrangement formerly in effect between
the true rulers of the United States and those of the Soviet Union. These were
the factors which led directly to the Jonestown tragedy--a mass murder, staged
as a cover to enable covert military action against the Russian missile base.
Within days after the Jonestown tragedies, Dr. Beter AUDIO LETTER #40 made
public exactly what had taken place and why. In that tape Dr. Beter answered
in detail questions which otherwise remain unanswered to this day.
Over the course of the 80 AUDIO LETTER tape reports, Dr. Beter reveals that
three primary power factions are at work in the world today:
1. The Rockefeller Cartel
2. The Bolshevik-Zionist Axis
3. The New Kremlin Rulers
These factions as such have existed for the past century or so, and their
relationships with one another have been in a constant state of flux. Their
roots, however, are much older and can be traced backward in time for many
centuries.
The Rockefeller Cartel
The Rockefeller Cartel is the first of the three great power factions to be
dealt with extensively in the Dr. Beter AUDIO LETTER reports, for at least two
reasons. First, while its scope is worldwide, it is headquartered in the
United States. Second, it was indisputably the most powerful of the three
factions when Dr. Beter began recording his AUDIO LETTER reports in 1975. This
situation changed dramatically later on.
The Rockefeller Cartel today embraces several hundred of the world's largest
multinational corporations--big oil, big banking and big business. It is a new
kind of empire, with economic assets so great as to be beyond effective control
by mere governments. Its headquarters are American, but its perspective is
global, with allegiance neither to the United States nor to any other country.
It is an empire unto itself.
What is today the Rockefeller Cartel was started over a century ago by John
D. Rockefeller, Sr. By his well-known cutthroat business tactics Rockefeller
created the Standard Oil trust and made himself America's first billionaire by
the turn of the century.
Such blatantly unethical practices led to public opposition which culminated
in the Supreme Court decree of 1911 dissolving the Standard Oil trust. By
then, however, Rockefeller was becoming more sophisticated, finding ways to hide
the true extent of his wealth and power while continuing to expand it. The
"trust-busting" era had little lasting effect: by the use of nominees and other
devices it was possible to retain effective control and coordination of the
superficially dismantled Standard Oil empire.
Throughout the Twentieth Century, from World War I onward, Rockefeller
economic power has translated increasingly into Rockefeller political power.
This, in turn, has been used to increase Rockefeller economic power still
further. For example, oil has played a key role in all of America's major wars
of this century, with the Rockefeller oil interests profiting handsomely. Yet
this role has been generally obscured both in current news accounts during each
war and in historical accounts written later on. The obscuring of key
information of this type is a symptom of Rockefeller power expansion into the
realms of journalism and teaching. Power is always most secure when it is not
recognized, so every effort is made to keep information about it from becoming
public.
In a related vein, Rockefeller-style "public relations" has been developed
and refined since the turn of the century for similarly deceptive purposes. It
began when John D. Rockefeller, Sr., famous primarily for his greed, started
changing his image by handing out dimes to people he chanced to meet on the
street. At the same time he also began making donations to charitable causes,
always with great fanfare and publicity, to curry public favor as an alleged
philanthropist. This led to the creation of tax-exempt foundations: these
enabled Rockefeller money to be invested in organizations which looked
philanthropic, yet which were actually avenues for further expanding Rockefeller
power. The Rockefeller-controlled major foundations have been used to
transform American life and values in directions which make America more
susceptible to Rockefeller control. At the same time, the foundations serve an
invaluable purpose as a disguised means for interlocking the various business
interests which constitute the Rockefeller Cartel.
John D. Rockefeller, Sr., founded a true dynasty, passing on his plans and
programs to be carried on by succeeding generations. John D. Rockefeller, Jr.,
carried forward the Rockefeller program of ever-expanding power with particular
emphasis upon subverting the Christian faith which, historically, is the
foundation of basic American ideals. But it was the Rockefeller "Third
Generation" who expanded and developed the Rockefeller Cartel to its zenith of
power. Of the six members of the Third Generation, sister Abby and brother
Winthrop did not much care for the grand plan (although Winthrop did become
Governor of Arkansas). But the other four brothers--John D. 3rd, Nelson,
Laurance and David--threw themselves with crafty zest into the project of
expanding the Rockefeller empire. They carved up the world into spheres of
influence, each concentrating upon his own areas but coordinating his actions
with the others. They worked together as a unit, and throughout his AUDIO
LETTER tapes Dr. Beter often refers to them simply as "the four Rockefeller
brothers."
From about World War II onward, it was the four Rockefeller brothers who held
the reins of what had become the worldwide Rockefeller Empire. It was they who
created the modern multinational corporation, and used American taxpayer money
under the guise of "foreign aid" after World War Il to build up their corporate
empire worldwide. World War II had been fought over Saudi Arabian oil, and it
gave them an unprecedented financial windfall. The Rockefeller oil companies
obtained Saudi oil at a net cost (after charge-backs and various devices) of
about 5 cents per barrel for nearly 30 years, until the Arab oil embargo of 1973
finally put a halt to it. The awesome profits generated by Saudi Arabian oil
enabled the Rockefeller brothers to buy up much of the industrial base of the
United States, Europe and Japan. At the same time Rockefeller power throughout
Latin America, which had been established by Nelson Rockefeller during World War
II, was expanded and deepened during the postwar years. John D. Rockefeller,
3rd, masterminded the Rockefeller Cartel economic takeover of much of black
Africa: revolutions created black governments which, lacking expertise, had to
turn to Rockefeller multinational corporations to "manage" their resources.
Laurance Rockefeller busied himself with control of America's aerospace and
defense industry, major airlines, and massaging the stock market. David, the
youngest but most powerful, became the kingpin of the Rockefeller banking empire
whose tentacles reach into business circles the world over. He also
specialized in intelligence matters, although Nelson also was involved in this
area.
For decades the four Rockefeller brothers had things pretty much their own
way. They made plans, set up timetables, and generally carried them out
without a hitch. But by the time Dr. Beter launched his AUDIO LETTER tape
report series, the Rockefeller brothers were beginning to show signs of slippage
in their power. They had made mistakes, and some of their timetables were
starting to slide. During 1974-75 they were tripped up in certain plans by
partial public exposure of massive irregularities surrounding America's monetary
gold supply. Next during 1976-77 their long-standing secret alliance with the
Kremlin fell apart, as their former allies--the Bolsheviks--were overthrown by a
new ruling group in Russia. The four Rockefeller brothers made the mistake of
welcoming expelled Bolsheviks from Russia into positions of power here in the
United States. This led by early 1979 to the overthrow of the four Rockefeller
brothers by the Bolsheviks here. First John D. Rockefeller, 3rd, died in an
alleged auto "accident" in July 1978. Then in late January 1979, Nelson
Rockefeller was murdered in the beginning of a full-fledged Bolshevik coup
d'etat behind the scenes.
Today the Rockefeller Cartel is no longer under the direct control of the
Rockefeller family as it was under the four Rockefeller brothers, but it remains
a formidable force. As Dr. Beter ended his AUDIO LETTER report series in
November 1982, the regrouped Rockefeller Cartel was gradually regaining some of
its lost power in a bitter struggle against the Bolsheviks here.
The Bolshevik-Zionist Axis
In 1917, during the height of World War I, two events took place which were
destined to shape much of the history of the Twentieth Century. One was the
Bolshevik Revolution in Russia. The other was the Balfour Declaration, by
which the government of Britain threw its support behind the concept of creating
a Jewish homeland in Palestine.
Both Bolshevism and the political force known as Zionism have common roots
which are not widely known. Both were created by the Rothschild interests,
whose support was also responsible for the meteoric rise to riches of John D.
Rockefeller, Sr., a century ago. Bolshevism and Zionism also have common
historical roots in the so-called "Kingdom of the Jews" of a thousand years ago.
This kingdom was situated in what is now southern Russia, between the Black
and Caspian Seas. It consisted of a people known as the Khazars of a
Mongol-Turkic origin whose leader officially adopted Judaism as the state
religion. This was done as a political ploy to enable Khazaria to maintain its
political independence of two powerful neighbors. These were the super-powers
of that day: the Moslem empire of the Caliphs to the South and the Christian
empire of Byzantium to the west.
Prior to the official adoption of Judaism, the Khazars were a brutal and
warlike people. This did not change when they took upon themselves the
politically inspired title of "Jews." The Khazar empire extended far northward
into what, under Christian Prince Vladimir, became known as Russia. The Khazar
empire even included the ancient Russian city of Kiev, where Vladimir ruled.
Khazar rule was brutal and oppressive, without any of the compensating
advantages offered by other empires, such as protection against outside powers
or improved civilization. Finally the Christian forces of Prince Vladimir's
Russia and Byzantium combined to attack the Khazar "Kingdom of the Jews",
so-called, and utterly destroy it. The Khazar "Jews" were driven out of their
homeland between the seas, many of them into eastern Europe. There they
mingled to some extent with Jews of the diaspora from Palestine, but they
carried with them a peculiar heritage. It was a heritage of bitter hatred for
Christianity in general and for Russian Christians in particular.
Down through the centuries, the "Khazar Jew" dream of regaining their lost
empire has been passed down from generation to generation. This dream has
developed into two branches. One branch emphasizes restoration of power over
Russia, and crystallized into Bolshevism. The other branch, emphasizing the
old, falsely religious "Kingdom of the Jews" concept, emerged as the political
force known as Zionism. Both are aimed at world power. Both are equally
ruthless, devoid of regard for human life. They differ only in geographic
emphasis and in some tactics. With their common roots and common basic
objectives, the Bolsheviks and Zionists work together hand in glove.
When Bolshevism was injected into Christian Russia in 1917, it was done with
the help of the Rockefeller Cartel. From that time onward there was a covert
alliance between those who controlled American policies behind the scenes (the
Rockefeller Cartel) and those who ran the Soviet Union (the Bolsheviks). The
Rockefeller Standard Oil interests were given control over marketing of the oil
from the giant Russian Baku oil fields in 1926. Over the years, the
Rockefeller Cartel saw to it that the Bolshevik regime in Russia was propped up
in every way necessary to keep it in power.
While the United States and the Soviet Union pretended to be at odds, they
actually were involved in a pincers movement to gobble up the entire world.
The falsified animosity between Washington and Moscow was staged in order to
polarize the world and cause nations to form up into two camps dominated by the
two super-powers. Those who chose to remain independent of both the United
States and the Soviet Union--the so-called "Third World"--were targeted for
brushfire wars and revolutions to bring them to heel, one by one. Meanwhile
the long-term goal was--in the words of a secret White House directive--"to so
alter life in the United States that it can be comfortably merged with life in
the Soviet Union." In this way, an all-powerful "one world" government would
ultimately be achieved. That was to be the fulfillment of a "commitment"
established early in the Twentieth Century by the Carnegie Endowment for
International Peace and allied foundations in the Rockefeller orbit.
In order to "merge" American life into the pattern of Soviet life under the
Bolsheviks, it was clear that the quality of American life would have to be
lowered a great deal. It required subtle movement of the American political
system in the direction of dictatorship. It required weakening of America's
financial and monetary system. And to bring about the radical changes desired,
it meant wars with the United States carefully maneuvered into a losing
position. America's first no-win war was the Korean War. A decade later,
America became embroiled in the losing Vietnam War, which was artificially
dragged out with all possibilities for military victory vetoed by the White
House.
The final war was to be a carefully programmed "Nuclear War I", fought
primarily on American soil, between the United States and the Soviet Union.
Plans called for it to erupt in the late 1970's, but developments in Russia
changed that. The Bolsheviks who had run the Kremlin since 1917 were the
targets of a decades-long overthrow campaign by a tough sect of native Russian
Christians. Their power had begun to outweigh that of the Bolsheviks in
certain areas starting in 1953, when Stalin died. This was the reason for
Nikita Khruschev's famous "de-Stalinization" campaign afterward. In the
mid-1970's this anti-Bolshevik sect finally reached such a level of power that
they completely overthrew and expelled the remaining Bolsheviks in the Kremlin.
There followed a heavy wave of expulsions of Bolsheviks from positions of power
in Russia, which was depicted in the Western press as emigration.
As the Bolsheviks were losing their grip on Russia, so-called detente fell on
hard times. The Rockefeller-Soviet alliance had been based on Bolshevik
control on the Soviet side, and when that was terminated, so was the secret
alliance. The alliance was fractured by the still-secret Underwater Missile
Crisis of 1976; a year later it was broken completely by the equally secret
Battle of the Harvest Moon in space.
At that point the four Rockefeller brothers made a fatal mistake. Since
their former secret allies in the Soviet Union had been the Bolsheviks, they
welcomed the expelled Bolsheviks from Russia into positions of power here in the
United States. They reasoned that the expelled Bolsheviks would know the weak
spots of the upstart new group who had taken over the Kremlin and could help the
Rockefeller Cartel deal with them.
What the Rockefeller brothers forgot is that the Bolsheviks are incapable of
sharing power with anyone. Worse yet, the Bolsheviks are state socialists, who
seek to concentrate all power into the hands of a few (themselves) by way of
government. The Rockefeller Cartel, by contrast, represents corporate
socialism--the concentration of power into the hands of a few by way of
corporations, with minimum governmental interference. Both seek the same goal,
but by means which are diametrically opposed. They cannot coexist within the
same society.
The Bolsheviks no sooner acquired positions of power here in the United
States than they began using it to topple the four Rockefeller brothers. By
mid-1978, Bolshevik influence within the Pentagon was causing a radical shift of
American strategic policy onto a first-strike nuclear posture. Meanwhile in
July 1978, the death of John D. Rockefeller, 3rd, took place, weakening what had
been the four-brother unit. In November 1978 the Guyana Massacre took place,
as part of a military operation masterminded by the Pentagon Bolsheviks and with
crucial participation by Israeli commandoes. Then in January 1979, the all-out
Bolshevik grab for power began with the murder of Nelson Rockefeller.
During the first few months of 1979, Rockefeller power over the United States
Government was shattered by the Bolsheviks here. However, the Bolsheviks were
stopped short of complete success in their takeover bid by the intervention of
Russia's KGB. The new Kremlin rulers knew that a complete takeover by the
Bolsheviks here would lead quickly to nuclear war, and they acted to prevent it.
Even so, Bolshevik control over the Pentagon has been strong ever since early
1979, onward through the end of the AUDIO LETTER series in late 1982.
A fierce power struggle is underway within the United States Government
between the now entrenched Bolsheviks and the Rockefeller Cartel, which is
trying to take back its former power. In addition, a limited new quid pro quo
against the Bolsheviks was established by the Rockefeller Cartel and the New
Kremlin early in 1982. The Cartel and the Kremlin still have some accounts to
settle with each other, but both are deadly enemies of the Bolsheviks. To
destroy them, they have agreed to work together in certain ways.
The Bolsheviks here in the United States have as a major goal a deliberate
nuclear war by which to smash the Russia which overthrew them. As an avenue
toward that war, the Middle East is critical. In that area, the Bolsheviks
here are relying upon their close allies, the Zionists, to pave the way for war.
Just as most Americans are unaware of the Bolshevized nature of their
government, most Israeli citizens are unaware of the true goals of their Zionist
government. Americans and Israelis alike scratch their heads with worry and
puzzlement over actions of their respective governments. While constantly
talking peace, both are systematically increasing the dangers of war.
The radical Zionist regime in power in Israel from 1977 onward is headed by
men who were terrorists in the 1940's. Today, as heads of the world's third
most powerful military power, they continue to practice terrorism but on a
grander scale. Theirs is a doctrine of military terrorism, designed to lead
deliberately to new and wider conflicts as the map of Israel grows steadily.
The country which calls itself "Israel" today bears little resemblance to the
promises of the small but vocal Zionist minority who brought about the Balfour
Declaration in 1917. The peaceful, tranquil haven for oppressed Jews does not
exist. Instead, the dire warnings published in 1919 by a galaxy of prominent
anti-Zionist American Jews have been fulfilled in the bloody history of Zionist
Israel.
The New Kremlin Rulers
Dr. Beter first revealed in late 1977 that a new, non-Bolshevik ruling group
had taken the reins of top power in the Soviet Union. In the autumn of 1978,
he devoted a complete AUDIO LETTER tape (#38) to a special report on Russia and
her new rulers.
To those who depend upon pronouncements of the United States Government for
their image of Russia, Dr. Beter's reports about the New Kremlin tend to come as
a distinct shock. Unlike the atheistic, Satanic Bolsheviks recently
overthrown, Russia's new top rulers are members of a sect of native Russian
Christians. This sect is at least two centuries old, and at times had
considerable influence with the Czars.
Dr. Beter cautions his listeners not to assume that the New Kremlin rulers
look at everything in the same way as Western Christians might. For one thing,
he points out that it required a patient, arduous campaign of six decades for
them to oust the Bolsheviks from top power in Russia. That experience has left
them with very definite, vivid opinions about what does and does not work when
dealing with people like the Bolsheviks and Zionists. They also know that
rapid, radical change of any type opens the door for revolution--and where there
is revolution, Bolshevik-Zionist agents will be there to exploit it. They are
introducing liberalizing changes in Russia gradually, one step at a time.
Having come this far, they are trying not to move too fast and thereby risk
allowing it all to be undone.
Even so, visible changes are occurring. Early in 1979 the first legal
shipment of Bibles into Russia since the Bolshevik Revolution took place. That
Easter, Handel's Messiah was performed in Russia for the first time since the
Bolshevik Revolution--and not in some out-of-the-way place, but at the Moscow
Conservatory. Churches are reopening, one by one, all over the Soviet
Union--and they are packed, as Dr. Billy Graham told the world upon returning
from a Moscow religious conference in May 1982.
For saying what he did about what he had seen of religion in Russia, Dr.
Graham ran into a hostile reception here in the United States. The Satanic
Bolsheviks who now dominate the United States Government are doing everything in
their power to paint Russia as an enemy worthy of hate. Anything which
interferes with that image is suppressed. Because someday, the Bolsheviks here
want America to go to war against Russia.
http://www.peterdavidbeter.com/docs/all/dbeye.html
Chinese discover fake American gold
The counterfeit story
This October, bankers in Hong Kong were in for a rude shock when they discovered some gold bars from the US to be actually gold plated tungsten i.e., fake gold bars. Acting fast, the Chinese officials found the perpetrators within hours. It seems that fake Tungsten blanks, between 1.3 and 1.5 million 400 oz, were manufactured in the US about fifteen years ago during the Clinton administration. Said to have been done by a very sophisticated refiner, 640,000 of these tungsten planks were gold plated and shifted to Fort Knox. The remaining also gold plated, but sold into the international market. (Fort Knox , as you may be aware, is the United States Bullion Depository, where the official gold reserves of the federal government are stored. This depository of about 4,603 tons (4 176 metric tonness) is the second highest gold depository in the US after the Federal Reserve Bank of New York's underground vault in Manhattan (5,000 metric tonness of gold). Whoever pulled this one on the gold bars had connections inside the government, big banks and also a top-of-the-line fabrication facility. For, counterfeit is not something new for the US government, it did this is 1964 when zinc dimes clad in silver were introduced. That's why the pre 1964 coins are valued more. Elsewhere, early this year, another counterfeit story made rounds as some of the gold bars in the vaults of the National bank of Ethiopia were found to be gold plated steel. It made news when the shipment of gold was returned by South Africa. It only could have been the work of a genius as fake gold bars made of steel are among the easiest to detect as they are lighter. Among gold coins, 22k Gold coins such as Krugerrand, are less likely to be counterfeited because the density of 22k gold minted from gold alloy that is 91.67 percent pure, is far apart from that of tungsten. Tungsten has the same density (19.25g/cm3) as gold, so a fake bar is indistinguishable by weighing it. In comparison the density of pure 24k gold is within 0.26% of tungsten.Physical comparison of 24k, 22k gold and tungsten | |||
---|---|---|---|
Gold Purity | Density (g/cm3) | Density difference from tungsten | Dimension difference of bar with same weight |
Tungsten | 19.25 | 0% | 0% |
24K Gold | 19.3 | 0.26% | 0.0017% |
22K Gold | 18.43 | 4.25% | 0.0077% |
Source: Gold-quote.net
The table above illustrates that although tungsten's density is within 0.26% of pure gold making it nearly impossible to detect, it is nearly 5% heavier than the 22 karat gold of Krugerrands. The dimension differences of a counterfeited 22 karat coin would have to be 6 times larger than those of a pure gold coin to weight the same. So one is 6 times more likely to detect a counterfeited 22k coin or piece of jewellery than a counterfeited pure gold bar through simple measurement. So just by weighing the coins you would tell a difference. So why aren't so many fake coins in the market? Coins are more liquid and circulated; they change hands more readily so it's more likely a fake one will be detected. Gold bars on the other hands are given as little exposure to human hands as possible (fear of theft). They are conveyed in armored trucks, their serial numbers are exchanged and they're stacked away in a vault never to see the light of day again. Their credibility relies on a piece of paper and paper is easy to forge. Also the labor involved in making fake coins does not make it as worth a criminal's time as a gold bar. (it costs $50,000 to make a fake $400,000 gold bar because of the real gold coating and the labor). Gold coins have lots of details including the number of ridges on the sides etc..and there are a lot of numismatic aficionados out there to tell a real from a fake.
Tungsten: the perfect gold substitute
Tungsten is a steel-gray metal found in shallow rectangular deposits. It has a very high melting point and is brittle making it hard to work with when it's raw. Today, companies like Chinatungsten use Tungsten in jewellery making and in memorial coins. Chinatungsten even offers tungsten alloy as gold substitute. Chinatungsten even brags, on its website, about being an "accustomed experts in fabricating tungsten bars and discs coated with gold."It's a large scale operation, indeed. The question is since only high-end refineries could manufacture the counterfeit, could it be them? Not that the Chinese have ever made fake copies of anything. And incidentally, China is the leading producer of Tungsten in the world.
Counterfeit coins and gold trading
Well then, on to the impact of counterfeit coins on gold trading: GLD ETF is the case in point. GLD ETF ( StreetTracks Gold Shares), was born just five years ago in November 2004 and is the first ETF in the US to allow stock traders to directly gain price exposure to a physical commodity (gold and silver). Stock investors could buy assets to track the price of gold, get immediate and easy knowledge about gold then speculate-buy or sell. It is the second largest in the world behind SPY, with a mammoth 1117 metric tonnes of gold bullion in trust worth for share holders. GLD, in fact has more gold bullion than the central banks of China, Switzerland, Japan, Europe and India.The influence of GLD is such that its trading activity can affect the global prices directly. So, are they going to drill all their bars to tell the real ones from the fake ones? Are they going to tell anyone if there is even just one fake gold bar somewhere? What will happen to investors billions if it turns out they hold fake gold? GLD finds a distinction between 'gold' and 'investment in gold'. And it's not clear what these investments in gold are, and they could be anything even remotely related to gold. It leaves none the wiser as there are no independent third party audits. The value of the fund will have to be de-pegged from the value of real gold if it doesn't hold real gold and will likely collapse and with it the billions in retirement investment. People affected would be more as there may be more than one person owning the same asset and hence no automatic right to physical holding.
Just check out some of the 'risk factors' mentioned in the prospectus of GLD: "The Trust's gold may be subject to loss, damage, theft or restriction on access. "
"The Trust may not have adequate sources of recovery if its gold is lost, damaged, stolen or destroyed and recovery may be limited, even in the event of fraud, to the market value of the gold at the time the fraud is discovered."
"The ability of the Trustee and the Custodian to take legal action against subcustodians may be limited, which increases the possibility that the Trust may suffer a loss if a subcustodian does not use due care in the safekeeping of the Trust's gold."
If at all anything happens, GLD can easily shake off its role in the whole game. Still, no one is ready to bet on a collapse of the gold market, yet. Further, UBS and Goldman and Sachs predict gold prices rising this year. Meanwhile, India the world's largest gold consumer has bought 200 metric tons of Gold from IMF, to protect against the weakening dollar. And China, Brazil and Russia are expected to buy the rest of the gold offered by IMF of about 403.3 tonnes.
So, to the question asked in the earlier part about gold as long term investment, should one still track the price of gold? Yes, on reliable derivatives like gold-quote.net. After all, it's better to be wise than lucky.
Sunday, 11 November 2012
Breather
All a bit heavy, isn't it?
Never mind, you'll be alright.
You could justify to yourself that all it would take is a bunch of AK47's and some selective executions but ultimately you'd have to shoot yourself, following the logic.
As you read and read in fascinated horror the truth behind the lies you feel it crushing in on you. The enormity of the machine of which you are a tiny part of seems ominous and yet oddly comforting. There is no escape for it is not a machine. It is us.
Scrutinize yourself closely enough and you will see that it is human nature and it is your nature and my nature. There is nothing shocking about global corporations killing indigenous cultures and raping the earth, apart from the scale and chilling efficiency it is just a reflection, the macrocosm and the microcosm.
So who do you fight? Where do you seek justice?
Fight yourself, bring yourself to justice.
The micro is a reflection of the macro and vice versa, fractals and Fibonacci.
so....
Learn to live without the peripherals and the peripherals will die when we dont feed them.
When they are gone we wont miss them.
We will have a wider vision.
Never mind, you'll be alright.
You could justify to yourself that all it would take is a bunch of AK47's and some selective executions but ultimately you'd have to shoot yourself, following the logic.
As you read and read in fascinated horror the truth behind the lies you feel it crushing in on you. The enormity of the machine of which you are a tiny part of seems ominous and yet oddly comforting. There is no escape for it is not a machine. It is us.
Scrutinize yourself closely enough and you will see that it is human nature and it is your nature and my nature. There is nothing shocking about global corporations killing indigenous cultures and raping the earth, apart from the scale and chilling efficiency it is just a reflection, the macrocosm and the microcosm.
So who do you fight? Where do you seek justice?
Fight yourself, bring yourself to justice.
The micro is a reflection of the macro and vice versa, fractals and Fibonacci.
so....
Learn to live without the peripherals and the peripherals will die when we dont feed them.
When they are gone we wont miss them.
We will have a wider vision.
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