Tag Archives: Deep State

Gold & Silver Manipulation: The Biggest Financial Crime In History

Investment Research Dynamics is pleased to present another truth-seeking missile launched by Stewart Dougherty:

This crime is already 285 times bigger than the LIBOR scandal, and 500 times bigger than Madoff’s swindle. It is, in fact, the largest, most destructive financial crime in history.

According to the mainstream financial media (MFM), the biggest financial frauds in history are the Bernie Madoff Ponzi scheme, with roughly $20 billion in net investor losses, and the Bank State rigging of LIBOR, which resulted in 16 guilty banks paying $35 billion in fines, which supposedly equated to their theft.

The MFM have conveniently ignored a far larger financial crime that has been perpetrated for 37 years and counting, and that has netted its orchestrators more than $1,000,000,000,000.00 ($1 trillion) in stolen profits. This crime is so powerful that it can produce fraudulent proceeds of $1+ billion on demand and in minutes, making it unique in the annals of theft. It is a crime that has been committed literally thousands of times since 1980, and is now being committed in the most blatant and brazen manner ever. This crime is already 285 times bigger than the LIBOR scandal, and 500 times bigger than Madoff’s swindle. It is, in fact, the largest, most destructive financial crime in history.

To read the rest of this, please click here:  Gold & Silver Manipulation


Gold And Silver: Legal Weapons Against The Deep State

  • Question:  Why do Central Banks and Governments hate gold?
  • Answer:  Because they can’t print it

“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.”  – Alan Greenspan, “Gold and Economic Freedom”

Just like everything else in the western financial system, the paper trading markets are leveraged beyond redemption.   The amount of paper “claims” on actual physical gold was estimated to be 100:1 in 2010.   We can assure you that ratio is much higher now.  On the Comex alone, for instance, if more than 9% of the  April open interest in gold futures were to stand for delivery – based on the currently declared 1.4 million ounces of gold reported as being “available for delivery” (registered) – the Comex would default.  The entire open interest in gold futures is 60x greater than the amount of gold available for delivery.

This is just the publicly traded paper gold derivatives.  There’s also the shady world of OTC gold derivatives.  We have no idea what kind of leverage is embedded in these contracts.  But the total notional amount of OTC “precious metals” derivatives according to the OCC’s latest quarterly report on OTC derivatives (Office of the Comptroller of the Currency) is over $28 billion.  Just to highlight the degree to which the Government goes in order to hide the facts about the gold and silver market, the OCC used to break out OTC precious metals derivatives into the categories of “gold” and “silver and other.”  Now the OCC  reports just “precious metals.”  What is it that the Government and banks are hiding?

The amount of leverage embedded in a Comex futures contract, based on the current amount of margin required, is about 25:1.  There’s no telling how much leverage is embedded in the OTC derivatives agreements.  All we know is that the disclosure requirements are becoming increasingly more opaque.

Silver futures began trading on the CBOT in 1969.   But gold futures were not around until 1974, three years after the U.S. closed the gold window, completely disconnecting the dollar from gold.   Gold futures were developed to enable the Fed and the U.S. Treasury to control the price of gold as a means of reinforcing the legitimacy of the dollar as a fiat currency used as the world’s reserve currency.

While the price of gold has been heavily manipulated since at least the 1960’s, when the U.S. was running out of enough gold to fulfill its obligations under Bretton Woods, the manipulation and “shock and awe” price attacks are used as a form of propaganda that is designed to discourage investors from converting fiat dollars into gold and silver.  It’s a powerful weapon used by the Deep State against gold and economic freedom.

In today’s episode of the Shadow of Truth we discuss the manipulation of gold and silver and how it’s used by the Deep State to increase the Government’s control over the population:

The Deep State’s Gold Scam And The Demonization Of Russia

To me, what’s really going on needs to be explained to people or they are going to completely give up on the hope of finding / preserving a way to protect their financial freedom … in other words, getting out of the corrupt monetary system and into metals, while they still can.

This price pummeling [of gold and silver this week] is absolutely state-of-the-art Psy-Op…managed by the Fed and Bank State, using the most sophisticated techniques developed over decades by the CIA and related agencies. – Stewart Dougherty in an email exchange about his latest article

Must-read Guest Post from Stewart Dougherty

As the Fiscal Year 2018 budget, and particularly its war component are floated, it has become clear that without continued, massive military spending, paid for with mass-produced electrons masquerading as money, U. S. GDP would collapse, taking the country’s financial and monetary systems with it. The nation, whose real economy has been hollowed out, for profit, by the Deep State plunderers, has become significantly reliant upon deliberately contrived wars and military tensions for its economic survival.

With systemic monetary risk now at an unprecedented level, intensified by a new, partisan, “politics of defeat,” scorched earth agenda being implemented by those displeased with the results of the 2016 election, there has never been a more dangerous time for people to denominate their wealth in unbacked, baseless, debt-drugged dollars.

The absolute last thing the Deep State, and particularly its Banking Division (the Bank State), can allow the people to figure out at this time is that there is a far more safe, secure and potentially profitable way for them to position their financial assets than dollar-denominated bank deposits: precious metals. A widespread movement into metals at this time would damage the Bank State and its umbrella organization, the Deep State, because their future profits require the control and progressive expropriation of the people’s money.

Therefore, a March rate hike is guaranteed, for three primary reasons. First, precious metals prices must be pummeled as much as possible, in order to scare uninformed people away from the easy, safe and logical financial refuge metals provide. Even though the “rates up, metals prices down” reflexive reaction is absurd, it has been baked into the trading algorithms so that it will occur no matter what other factors might be in play when rates are increased. Strategic Deep State price fraud, which is perpetrated by internationally signaled, time-coordinated and algorithmic inside trading, ensures that metals prices can reliably be controlled. At least for now. When physical demand finally increases in a material way, the price fixing fraud will collapse.

Second, the Bank State must increase the incentive for people to keep their money in its institutions, while it pushes forward, as fast as possible, with its cash elimination agenda. Once cash is eliminated, the banks will no longer have to worry about bank runs, which would otherwise be historic when the  wheels coming flying off the thoroughly debauched monetary system, an event we view as inevitable.

Third, the Federal Reserve System is now 100% politicized, and run by sneaky, die-hard political ideologues who lie about why they do what they do and what they really think. Those who run the Fed are despondent that despite implementing for eight YEARS an interest rate policy specifically designed to enable Obama to create a totally false illusion of economic “recovery” by massively increasing government spending with trillions of phony, deficit, zero-interest-rate “dollars,” the people saw through the economic lie and defeated the Fed’s next intended puppet, Clinton.

Yellen, Fischer and the other partisan Fed governors are simply not going to allow Trump to turn around, in a matter of months, an economy that the Deep State and the Fed have systematically been looting, at mind-boggling and astronomical profit to themselves, for the past decade. Nor are they going to allow Trump to bask in DJIA-record glory. Therefore, the power- and money-obsessed functionaries at the Fed and within the Deep State, who all totally buy into the scorched earth agenda, are going to bring down the economy and markets, even if it means that every single private pension fund and the net worth of every non-connected citizen collapses with it. They couldn’t care less about that, as we are about to see, because they will have a scapegoat for what they, themselves have wrought: Trump. The Fed, in league with many others, is now doing everything in its power to rig the 2018 mid-term elections, in order to live up to its Sole Mandate, which is the preservation of political power.

While we deeply admire what President Trump is trying to do to expose to the people and turn around the fake economy in which the nation is drowning, we believe the challenge of reversing, in the short amount of time available to him, decades’ worth of asset stripping, corruption and for-profit economic destruction is beyond extreme. And the constant political obstructionism he is up against, which is increasingly treasonous, might make the achievement of his worthy objective impossible.

With this as our backdrop, let us move on to the geopolitics of gold, which while it might seem abstract and removed, we believe is highly relevant to your personal financial situation.

Aside from being tedious, politicized and baseless drama, the ongoing demonization of Russia, particularly with respect to its so-called rigging of the 2016 U.S. Presidential election, makes no common sense. But it makes perfect Deep State sense. It is about war-mongering, global destabilization, internationalized looting and the continued plunder of the American people, the for-profit enterprises in which the Deep State specializes.

We believe that there is actually a more specific reason for the demonization of Russia than the above, usual suspects. This is a case where one should not just follow the money; one should follow the gold.

For the past fifteen plus years, physical gold supplies have been like Lazarus: they keep rising from the Dead. Just when it appears that a serious supply-demand imbalance is about to precipitate futures market delivery problems and therefore increased prices, supply miraculously appears out of nowhere to alleviate the shortage and stabilize or depress prices.

This surprise supply has primarily come from sovereign central banks: for example, 1,500 metric tonnes from one-time sound money nation Switzerland; 600 from France; 430 from the United Kingdom (most at the bear market’s absolute low price of around $255.00/ ounce; central bank “genius” for all to see); 300 from Netherlands; 225 from Portugal; 240 from Spain; 180 from Venezuela and counting; 90 from Brazil. And the list goes on.

Each sovereign sale has produced needed physical gold at times of supply – demand imbalance, many of which have been critical. This has enabled the paper gold price manipulation fraud to persist without any failures to deliver or the need to set a true, as opposed to fake gold price. A delivery failure, even a minor one, would expose and terminate the Deep State’s enormously profitable price rigging fraud, and has therefore been prevented at all cost.

The Deep State’s overthrow of legitimate, sovereign governments has been another means by which needed gold supply has been injected into the pipeline. After Libya was overthrown, 143 tonnes of the nation’s gold disappeared. Dozens of additional tonnes disappeared from Iraq subsequent to its invasion.

Ukraine provides another example. Immediately after Neocon, Deep State functionary and State Department plant Victoria “F**k the EU” Nuland launched the for-profit coup d’etat in Ukraine, 43 tonnes of the nation’s gold, worth $1.7 billion at $1,200 per ounce, were airlifted out of the country in the middle of the night and went missing.

(As a side note, it is worth mentioning that while the cargo plane’s exhaust was dissipating into the Ukrainian atmosphere, Vice President Biden’s storied son, Hunter, miraculously appeared on the Board of Directors of Burisma Holdings, the largest private natural gas producer in Ukraine. Biden was joined by close friend Devon Archer, a lead fundraiser for by-then Secretary of State John Kerry’s 2004 presidential bid. Archer is also the former college roommate and current business partner of Kerry’s stepson, Christopher Heinz (an heir to the H. J. Heinz fortune). These two ascendancies to Burisma’s Board were curious, given that Biden and Archer had no natural gas production or Ukrainian business experience whatsoever, did not speak one word of Ukrainian and had never previously stepped foot in the country. This gives us better insight into the true nature of the Deep State’s murderous, gold-seeking and highly profitable coups.)

While the perfectly-timed materializations of sovereign gold have plugged the Delivery Failure dike at various critical moments, there have been two persistent demand problems that have bedeviled the Deep State’s designs: Russia and China.

China’s official gold reserves surged from 395 tonnes in Q2, 2000 to 1,838 tonnes in Q3, 2016. This number, impressive in itself, dramatically understates China’s actual, official gold reserves, which many well-informed analysts put at 5,000 tonnes, minimum. China’s official reserves do not include the thousands of additional tonnes imported into the country for the private sector during the same period.

While the Deep State routinely pummels the paper price of gold both to mint fraudulent profits on the futures exchanges and scare financially naïve western citizens away from it, the Chinese government urges its citizens to buy gold, which they do by the millions of ounces. The Chinese government knows what is coming, and wants its citizens to be prepared. Apparently, capitalism and communism have traded places, which will result in an exorbitant cost to the people of the west.

Meantime, Russia’s gold supply increased from 343 tonnes in Q2 2000 to 1543 tonnes in Q3, 2016.

Remarkably, it increased by 508 tonnes from Q1, 2014 to Q3, 2016, alone. This occurred when Russian sanctions, which were intended to destroy Russia’s economy and currency, were in place. The sanctions were not only expected to halt Russia’s ongoing gold purchases, but also force them to sell some or all of their existing reserves in order to raise cash, which is exactly what Venezuela has been forced to do since early 2014.

Chess Master Putin went in the exact opposite direction, by dramatically increasing the nation’s purchases of gold. This was unexpected and has put the Deep State on the defensive. It had counted on fresh supply from Russian to keep the supply – demand balance in equilibrium, and to prevent the Delivery Failure dike from breaching.

One way the Deep State reacted to Russia’s unexpected, continued demand was to engineer the out-of-nowhere Indian rupee demonetization, which stripped the Indian people of the cash they have traditionally used to purchase gold. This plan was effective at reducing Indian gold demand in the beginning, but is now backfiring, just as the attempt to reduce Russian gold demand backfired.

If China and Russia continue to buy gold at current rates, the only way the Deep State’s paper gold price manipulation fraud can continue is if other sovereign gold reserves are put into play, or, if physical demand is somehow diminished. While the Deep State is pursuing both tactics, their options are shrinking.

Even though sovereign gold sale risks remain, the value of nations’ reserves at the current fake price of gold is absolutely meaningless when compared to their exploding debts.

For example, Italy’s 2,452 tonnes of gold are worth $95 billion at $1,200 per ounce; the government’s debt is $2.45 trillion. France’s 2,436 tonnes are worth about the same, $95 billion; it national debt is $2.44 trillion. The same situation exists in virtually every western nation. Therefore, even if these countries were to sell all of their gold, it would not buy them any meaningful or lasting fiscal or financial relief whatsoever. There has never been a more pointless time for nations to sell their gold, particularly at today’s fake price.

To further amplify this point, the United States is reported to own 8,133 tonnes of gold, supposedly the world’s largest stockpile. (We disagree; to us, the arithmetic is clear that China now owns more.) This is the equivalent of 261.5 million ounces troy ounces, or about 0.82 troy ounces per citizen. At $1,200 per ounce, the reserve is worth $314 billion. The nation’s actual, annual deficits are roughly $1 trillion per year, more than three times the value of the entire gold reserve. The nation’s existing debt and contingent, unfunded liabilities exceed $200 trillion. Therefore, the nation’s gold supply could only pay off 0.16%, or one sixth of one percent of the nation’s current obligations. If it has not already done so, the United States could sell every ounce of the people’s gold and it would not make one bit of difference to the nation’s fiscal situation.

The U.S. gold reserve has not been professionally, comprehensively audited since 1953. We will not go into the U.S. gold audit topic here, because it has already been well documented. You can find the details with a simple search, if you wish to learn more. But we would like to point out something that is not typically noted.

In order to create positive “optics,” the United States government consistently massages, manipulates and even totally misrepresents a wide variety of financial, economic and monetary statistics (such as GDP, unemployment, inflation, money supply, interest rates, retail sales and many others). These positive optics are viewed as being crucial to preserving confidence in the nation’s economy and fiat currency.

Accordingly, one would expect that if the United States gold reserve actually exists, physically and unencumbered, the government would go out of its way to prove and advertise it, in order to create the favorable optics it spends so much time and effort engineering about everything else.

Instead, they refuse to conduct a professional audit, invoking the truly ridiculous excuse that it would be too costly to do so. One specialist has estimated that a comprehensive, independent audit would cost $10 million, which is approximately 1 MINUTE of federal spending, literally. So the expense excuse makes no common sense, and arouses serious and legitimate suspicion about the true state of America’s gold reserve.

The foregoing factors help explain the intensifying demonization and scapegoating of Russia. The Deep State needs to prevent Russia from continuing to buy gold in quantity, and is therefore intensifying its efforts to damage the country’s reputation, economy and currency.

Based on these and several other factors, the Inferential Analytics model is signaling that there is a strong probability the Deep State’s gold price manipulation fraud is dying, and that the imbalance in physical gold supply is becoming systemic and reaching a point where it can no longer be bridged with sovereign, stolen or fake supplies. This increases the risk of futures market delivery failure. The occurrence of any significant endogenous event at this time, such as an unexpected military, social, economic or financial disruption, that provokes a further reduction in supply or even a modest increase in demand, would dramatically increase the probability of delivery failure and a resulting, necessary, sharp increase in the price of gold.

The fact that the paper gold price manipulation fraud is reaching the end of the line due to deteriorating supply – demand fundamentals is exactly why we are seeing a radical, concurrent Deep State escalation of the War on Cash. Cashlessness is the Deep State’s upcoming Looting Field, and is designed to replace Gold market price fixing as its next, organized, long-term method of plunder. The elimination of cash will result in the largest looting spree ever orchestrated by the Deep State.

Every time the Deep State hatches a new looting scheme, they dress it up in false righteousness, phony morality and motherhood. In the case of cash elimination, they say it is needed to fight terrorism, drug laundering, tax evasion and crime. This is a huge, concocted, pre-packaged lie; the same kind that Hitler and Goebbels used. Hitler said and proved that if you make the lie big, and repeat it again and again, the people will come to believe it. This is the exact kind of lie the Deep State is telling to push its corrupt, greed-diseased, epically evil cash elimination scam.

While the Deep State demonizes Russia to perpetuate its gold price fixing profit center for as long as possible, it is simultaneously building, as fast as it can maximum security prisons for the people’s money. For the bricks, they intend to use your cash; for the mortar, they are mixing a stinking amalgam of their lies, corruption and greed. We can be sure of one thing: if we allow them to imprison our money in their cashless prisons, they will grind it into oblivion by fees and fraud, and our financial slavery will become inescapable. Please, do not underestimate what is happening all around you, and use your current quasi-freedom wisely.

Stewart Dougherty
March 2, 2017

Stewart Dougherty is the creator of Inferential Analytics (IA), a forecasting method that applies to events proprietary, time-tested principles of human instinct, desire and action. In his view, forecasting methods not fundamentally based upon principles of human action are unlikely to be reliable over time. He is a graduate of Tufts University (BA) and Harvard Business School (MBA), is a 35+ year veteran of the business trenches and has developed IA over a period of 15+ years.

The Deep State’s Message: Prepare For Totalitarianism

I find the current political situation to be as bad as I thought it would be when I forecasted it about ten years ago. The worst is yet to come. The corruption in the system is becoming much more apparent. The extreme biases in the mainstream media in favor of their particular owner’s faction is fairly obvious…The moneyed class turned the law and the thought leaders framing to their own benefit, and would now do anything they can to keep their ill-gotten gains. – “Jesse,” from Jesse’s Cafe Americain

Were you aware that the Government is starting to implement eye-scanners as part of the airport security protocol?  If you doubt that, then read this:  U.S. Marshals Scanned My Retina.   The TSA circus is all for show. It’s a way for the Government to get us used to following its orders and a way for the manufacturers of the technology used to make billions from selling that technology to the Government.   It also is an excuse for the Government to create employment for those who lack the competency to find a job in the private sector.

Ben Franklin said, to paraphrase, those who are willing to give up some freedom in exchange for security will end up with neither.  That’s where we are today, America.  The Patriot Act was written well over a year before 9/11.   The blueprint for the Department of Homeland Security was crafted in the mid-1990’s, during Clinton’s presidency.

It’s all stunningly Orwellian.  Even the terms used to describe newly created Government functions are right out of “Animal Farm” and “1984.”  The totalitarian control, confiscation of wealth by those in a position to confiscate and the use of technology to invade and regulate our private lives was prophesied by Orwell, Ayn Rand (“Atlas Shrugged”) and Aldous Huxley (“Brave New World”).    The technology that we take for granted as making our lives better is being used to remove our rights and freedoms.

Ironically, it all starts with the control of  the monetary system.  Those who control a nation’s currency need not be concerned about who or what makes the laws (Mayer Rothschild).   A few unelected “officials” control the United States’ creation of currency, which is then used as a tool to confiscate wealth – at first slowly and soon it will happen all at once.

In today’s episode of the Shadow of Truth, we discuss the Orwellian fog that is enveloping the nation and connect the political control our lives to the control of interest rates and gold:

The U.S. Can Learn From India’s Move To Digital Currency?

In short, we can learn to not let it happen here.

In August, Obama’s Defense Secretary, Ashton Carter, appointed Jeff Bezos to the little-known and highly secretive Defense Innovation Advisory Board.  This for me confirmed that Bezos was an integral part of the Deep State, which I began to suspect when Amazon’s cloud computing division started receiving contracts from various Deep State divisions (like the CIA).    This “advisory” board is chaired by Googles Eric Schmidt.

This position dovetails nicely with Bezos’ ownership of the Washinton Post, which has been transformed into part of the Deep State’s program to proliferate propaganda – or “fake news.” Funded by the taxpayers, the work being done by this Board has intentionally been “kept under wraps,” as Business Insider describes.

After, all the Washington Post has been well respected  for decades as one of the primary “go-to” newspapers for domestic and international political news reporting.  Trusted as such, historically if a news item was reported by the WashPo, it had to be true, right?

Under Bezos’ control, and in the context that Bezos is part of the Deep State mechanism, the WashPo has become an Orwellian device in the “war on truth.”  In addition, Bezos can use the “power of the pen” as a powerful political weapon against politicians or Government bureaucrats who oppose the Establishment and the Deep State.

With that as a backdrop, the Washington Post published a curious report on the Indian Government’s of the removal of the most commonly used cash bills by the Indian populace titled, What The U.S. Can Learn From India’s Move Toward A Cashless Society.  The article goes on to describe all of these “benefits” but only casually mentions the huge economic disruption caused by the move.

Of course, these “benefits” all had to do with the implementation of technology which makes it easier for the Government to identify, track and ultimately control the individual. It should come as no surprise to us that, given the role Bezos plays as part of the Deep State, Bezos’ newspaper would be promoting the digital banking system.

A crucial fact not known by most is that the former Chairman of India’s Central Bank – the Reserve Bank of India – was appointed as the Vice Chairman of the BIS in 2015.  This fact calls into question the idea that digitizing India’s banking system was motivated by anything other than the western elitists’ goal of implementing totalitarianism.

While the WashPo did mention the disruption to India’s economy caused by the removal of the most common currency bills, the article did not mention the fact that the move temporarily undermined the population’s ability to buy gold during the country’s biggest seasonal gold buying period.  This latter effect was likely one of the primary motives behind the move and it underscores the control over India that can be exerted by the western elitists and their Central Banking cartel.

The bottom line is that India was used as “testing ground” for the western global elitists’ plan to digitize the global currency system. This will be used to exert Orwellian totalitarian control over the masses. It should come as no surprise that the wealthiest elitists like Bill Gates and Jeff Bezos have been advocating a cashless banking system, backed by the “intellectual” support of “academics” like Harvard’s Larry Summers and Kenneth Rogoff.

There’s no question that subtle and gradual effort will be used to implement a cashless banking system in the U.S.   All the warning signs are flashing.  I also suspect that, at some point, the “national security” card will be pulled in persuading the masses that cash is the “currency of terrorists.”

Ben Franklin once warned, to paraphrase him, that if we give up some of our freedom in exchange for security, we will eventually end up with neither.   That is where we are headed unless there’s an effort to prevent the elimination and use of cash in our economic system.

IRD To Mitch McConnell: Exactly Who Is The Thug?

The NY Post reported that Senate Republican “leader,” Mitch McConnell called Vladimir Putin a “thug” in response to DJT’s interview on 60 minutes.   It’s hard for the U.S. Deep State to hide the U.S. military build-up in the NATO countries surrounding Russia’s borders. This includes the takeover, in effect, of Ukraine by the Obama Government.   I think we can all agree that NATO is a de facto “shell” for U.S. military operations.   With that in mind, I pulled the interesting graphic to the right, with some edits from me (click to enlarge) from an article written by an options trader who also posts commentary on Zerohedge.

The U.S. has been literally flooding the NATO countries surrounding Russia’s borders with offensive military assets.  Recently the U.S. deployed tanks and special forces personnel in Poland.  A week later, the U.S. deployed 900 marines in Norway – the first time since World War Two that foreign troops have been allowed to be stationed in Norway, which is a NATO member.

So Mitch, looking at the actions the graphic above and interpreting the actions of the U.S. Department of Defense, who exactly is the “thug?”

Currecide: The Globalists’ Planned Annihilation of Your Savings and Freedom

Stewart Dougherty is back with another guest post. I believe this is his best work to date. I wanted to share some his thoughts from out email exchanges, which are raw, unedited and quite insightful:

I totally agree with what you wrote me previously about gold going ballistic this year. It’s probably better set-up right now than at any other time in history, for a large number of reasons. I hope it can finally overwhelm, once and for all the schemers who work to keep it down.

I continue to think that cash elimination is the biggest story out there. It is a fraud of epic proportions, and its implications are dark and deeply disturbing. I realize that I keep coming back to this theme, but it’s because it registers with me as being so incredibly important. Sometimes, you have to say something five times before people say, “Wow. This is important. I better do something about it.” If people decide to “do something about it,” they are going to find that their options are limited. Gold being one of the few of them. Gold demand would go nuts if only the people could finally understand why they need to buy it right now. I feel a bit like Don Quixote, but I also think that the dam of realization is coming very close to breaking, and that there could be an outright flood of new, popular awareness and action.

After a decade’s worth of sharply detailed and psychologically painful analysis, Dr. Rudolph Rummel determined that in the 20th Century, governments killed 262 million of their own citizens. This was in addition to the roughly 40 million persons killed in combat during the same century, in government-waged wars. In all, governments were responsible for the murder of more than 300,000,000 people in the 1900s alone.

Rummel coined a term for this mass annihilation: “Democide,” which he defined as “the murder of any person or people by a government, including genocide, politicide and mass murder.”

He concluded that the root cause of the 20th Century democidal onslaught was the addiction to and miscarriage of power. Recasting Lord Acton’s famous quote, Rummel said: “Power kills; absolute power kills absolutely.”

Summarizing what he had learned from his research into the recurring problem of government mass murder, he wrote: “The problem is power. The solution is democracy. The course of action is to foster freedom.”

Last week in Davos, Switzerland, a small clique of rich and powerful people met to refine and advance their command, control and exploit agenda for humanity, the primary objective of which is to destroy human freedom.

Despite the warning shots aimed their way by an increasingly plundered and disgusted populace, it was clear that the Davos elite had not heard or sensed a thing. For them, it was full speed ahead with their plans to exert increased control over and wring greater profits from the embattled citizens of the world.

One of the core principles of Inferential Analytics, the forecasting methodology we have developed and use, is that all happenings represent Life Forces in action. All Life Forces consistently strive to become stronger, expand their reach and achieve positions of dominance. They do not merely wish to survive; they seek to prevail.

To illustrate, Greed is not simply an unquenchable thirst for money exhibited by certain people; it is a fundamental Life Force that drives those people, who are its hosts. Greed constantly searches for new ambassadors who will carry it to new heights of achievement. Occasionally, Greed hits the jackpot by locating particularly talented hosts capable of radically expanding its domain. An example being people who create slush funds that pose as “foundations,” in order to steal money intended for some of the poorest people in the world, such as Haitians. The criminally insane are particularly fine vehicles for the Life Forces of Evil, including Greed.

Dr. Rummel proved that Genocide is another Life Force constantly striving to scale new mountains and seize new territory. Genocide, which is far from being done with humanity, instinctively knows, as all Life Forces do that it must adapt, modernize and transform itself in order to achieve even greater success as it plows through time.

Genocide realizes it has big shoes to fill in the 21st Century if it is to exceed last century’s astonishing achievement of 262,000,000+ murdered people. And while Obama did everything possible to destroy U.S. relations and provoke hostilities with Russia and China, and Merkel does her absolute best to orchestrate the slaughter of civilization within Germany and throughout Europe, Xi is not Mao and Putin is not Stalin. Genocide is asking itself, “Where are all the dead people supposed to come from in the next 83 years, if I am to surpass the record I set last century?”

Life Forces will do whatever they must to invent new tactics, create new shapes, conquer new territory and set new records. They are paragons of evolution. And true to its innate instincts for high achievement, Genocide is currently evolving right before our eyes, which we can easily see if only we look.

Genocide has realized that its destructive opportunities in this world are far greater than it had previously envisioned. It now understands that annihilating human beings is not its only form of expression. It can annihilate something even better: human freedom, a much larger target that is easier to destroy. It has reached the profound insight that it is impossible for people to be free if they are financially enslaved. And that financial enslavement can be engineered on a mass scale if people are buried in debt, made completely dependent upon bankers, and then systematically impoverished while having no means of escape. It has comprehended that 21st Century enslavement will be digital, and it is extremely excited about its future.

In Davos, the Deep State oligarchs intensified their push for the elimination of cash. They recruited additional shills to help promote their agenda, including Dan Schulman, CEO of Paypal, and Columbia University Professor and Nobel Prize holder Joseph Stiglitz. They joined other Deep State operatives who have been beating the same cashless drum for some time, including Group of 30 members Lawrence Summers and Kenneth Rogoff, both of whom were also in attendance at the Davos full court press.

An oligopolized, international digital payment system is the keystone of the Deep State’s globalist agenda, and a prerequisite to the implementation of full-spectrum, for-profit, transnational governance and control. The oligarchs realize that if they can gain control of the people’s money, then they can gain control of the people themselves. Accordingly, they are now pushing the agenda harder than ever, before the people wake up to its extraordinarily evil intent and ramifications, and rise up to reject it.

We view the cash elimination agenda as Genocide staking a modern claim to 21st Century terrain, using a host even more powerful than governments: the Deep State Oligarchy that owns and controls them. Genocide is embarking on the equivalent of a corporation launching a new product line. We have named its new brand Currecide, which stands for the mass murder of currency. But it will go beyond that. Currecide will result in the annihilation of the people’s savings, and with it their freedom.

Currecide represents the most pernicious, expansive and potentially profitable fraud ever committed against the people in history. The plan is simple, and if successful will produce epic returns for the Deep State perpetrators who are engineering it: trap the people’s money within their financial institutions, and then systematically plunder it via negative interest rates, transaction charges and constantly escalating monthly and annual account maintenance and other fees. As the people’s savings vanish, they will be forced to turn to the banks for loans, and the interest charges on their added debt will further impoverish them in a vicious, self-reinforcing cycle.

The timing of Currecide is financially lethal to the people, because it is happening just as the pension funds and government entitlement programs are going bankrupt. Therefore, the people’s savings will be under attack at the exact time when they need them the most, in order to survive.

Currecide will result in the imposition of an entirely new and incremental form of taxation: financial. The money generated by these financial taxes will not flow to governments; they will flow to the owners of governments: the bankers and Deep State oligarchs. In addition to rendering unto Caesar, the people will be forced to render unto Mammon.

The financial self-interest of the hucksters of cash elimination is blatant. Paypal is in the business of digitized payments, and a payment system oligopoly will personally enrich Schulman. Summers is a director of Lending Club (digital money) and a “senior advisor” to Digital Currency Group (digital money). He, too, is expecting a big payday from Currecide. Virtually all of the academic promoters of cash elimination provide consulting services to or are otherwise funded by bankers, the orchestrators and beneficiaries of the fraud. The entire promotion is a tangled web of self-interest, greed and especially the lust for power, about which Rummel warned us so starkly.

A mere 7 days after Prime Minister Narendra Modi demonetized 86% of India’s cash by surprise edict, Bill Gates, the world’s richest man at $92 billion and counting, happened to show up in New Delhi. Gates met with Modi and praised his gambit, even though it had created unprecedented financial chaos and personal hardship for hundreds of millions of Indian citizens. Gates hailed it as a “bold step by the government.”

According to the BBC, Gates urged Modi to allow mobile phone companies to move into the consumer finance market. In a speech, Gates said, “these [digital financial] services can transform your mobile phone into a kind of digital bank branch, allowing you to pay for goods and services, transfer money and even get loans at the push of a key. … A move into the digital realm [in other words, the ultimate elimination of cash, a potential windfall for Microsoft that he has long advocated] will cut transaction costs, allow government to pay benefits directly to those who need them, and make credit easier and cheaper for everyone.”

Gates made the Deep State’s true agenda crystal clear: First: addict hundreds of millions of additional citizens to the toxic, expensive drug it peddles: debt. This is what he meant when he said that a cashless, digitized financial system would enable people to “get loans at the push of a key,” and “make credit easier and cheaper for everyone.” With western citizens choking on debt, the Deep State must expand its horizons, and Gates is doing his part. Second: trap the people’s money within the banking system, with no option of cash withdrawal. Third: digitize humanity’s vital needs (such as for money) in order to gain maximum control, and make it possible to “turn off” trouble makers who are not on board with the globalist agenda being imposed upon them.

The planned Currecide is incontrovertible proof that the Deep State oligarchs, and not governments are in control. There is not one elected representative in Congress we can find who ran for office on a platform that included cash elimination as a plank. To the best of our knowledge, the members of Congress have been completely silent on this subject. The cashless agenda is not coming from the people, or their representatives. It is coming from the Deep State bankers who intend to make a monumental fortune from it, at the enormous expense of the people’s financial independence and personal liberty.

To protect your money and freedom, you must possess assets that are timeless and true. There are very few ways you can do this, and your current options will not exist forever. Supplies of the few things that can protect you are completely inadequate compared to the strong, upcoming demand that will wipe them out. We say this again and again, because it is so important. In our research, we see no greater threat to the people than Currecide, given its fundamentally evil design and sweeping, destructive ramifications should it take hold. In our view, gold and silver can help protect you as few other solutions can. We urge you to beware the Normalcy Bias, which tells you there is no rush to act, because the system has basically held together thus far, and therefore, it always will. The Normalcy Bias, which is a powerful psychological force, puts one at extreme risk. We hope you will seriously consider taking action now, while you can, and ignore the Normalcy Bias’s Siren song. We write solely in an effort to inform and, we hope, help people. We are not metals dealers, securities brokers or financial advisors, and we earn no compensation whatsoever from what we report to you, or suggest.

January 24, 2017

Stewart Dougherty is the creator of Inferential Analytics (IA), a forecasting method that applies to events proprietary, time-tested principles of human instinct, desire and action. In his view, forecasting methods not fundamentally based upon principles of human action are unlikely to be reliable over time. He is a graduate of Tufts University (BA) and Harvard Business School (MBA), is a 35+ year veteran of the business trenches and has developed IA over a period of 15+ years.

The Deep State’s Attempt To Suppress India’s Gold Demand

The primary objective of the Indian currency demonetization was to sharply reduce gold demand in the world’s most important retail market, India, one that is controlled by the Deep State oligarchy via a captured agent, its Prime Minister [Modi]. The manner in which the demonetization was carried out indicates some kind of desperation…Stewart Daugherty

Indian Demonetization Denotes Severe Stress in the Global Gold Market
By Stewart Dougherty

It is becoming clear that the Indian currency demonetization is actually a planned attack on Indian gold demand, launched to disrupt gold prices and discredit gold as an asset class. The attack was required to alleviate severe stress in the global gold market that is becoming increasingly difficult for the Deep State controllers to contain.

For two decades, physical gold has been migrating from the west to the east in increasing quantities. Numerous reports cross-confirm that the world’s leading refineries are operating at capacity to convert western gold into the kilo products demanded by Asian buyers. Refiners also confirm that the sourcing of western gold has become problematic, as supplies dry up in the face of voracious world, and particularly eastern demand.

Western central bankers and their Deep State handlers have made it clear that they intend to transition to a cashless society. However, they are not yet ready to make this transition. Therefore, their current focus is to start the process by eliminating high-denomination currency, such as Euro 500 and USD 50 and 100 notes. At the same time, they are working to digitize the payment infrastructure, a prerequisite to the elimination of cash.

Their problem is the steady awakening of the people to the disturbing implications of a cashless society, and to the assault on human liberty it represents. The Deep State oligarchs must implement their agenda before the people mobilize to prevent it from being imposed upon them.

The Deep State oligarchs understand that the western governments they commandeer are bankrupt. To continue operations, they must tap into the people’s private wealth for funding. In fact, the IMF has produced a position paper recommending a “one off capital levy of 10%” (a 10% wealth tax), to deal with western governments’ intractable fiscal problems. The authors of this paper state that the “levy” must be imposed at night and by total surprise, to prevent citizens from being able to take any steps to avoid it.

This type of ambush is exactly what just happened in India, with its shock demonetization.

The IMF’s proposal does nothing to change governments’ current trajectory of greater deficits and debt; the money raised would simply be used to service existing debt. This means the first capital levy will just be one of many going forward. Governments’ only solution is to expropriate the private wealth of the people, which is exactly what the IMF has admitted.

If people have cash and other private monetary assets outside of the banking system when the “capital levy” is imposed, governments will lose out. This is one of their primary motivations to eliminate cash: in order to maximize proceeds from the capital levy, they need the greatest possible amount of money within the banking system, in non-withdrawable, digitized form, when the levy is executed.

It is not in the interests of governments if people figure out that they are far better off being their own bankers, by privatizing their monetary assets, than handing them over to commercial bankers, who have become wards and enforcement agents of the state. Therefore, a full scale campaign is underway to demonize cash and to make precious metals appear dangerous by routinely pulverizing their prices.

In the meantime, supplies of physical metals in the west constantly diminished and are now strained. This means that the bullion banks’ LBMA and Comex paper price suppression activities must steadily escalate for them to maintain control of a market that is spinning out of their control. Unlike eastern investors, western investors tend to buy into rising prices, as they chase momentum. Rising prices can lead to a buying stampede. If a buying stampede were to break out in today’s supply-stressed precious metals market, prices would surge, which would be antithetical to the Deep State oligarchs’ agenda.

Given that Deep State operatives can do nothing to increase western gold supply, their only options are to somehow discover supply elsewhere, and/or to crush gold demand.

The “somehow” is India, a nation whose people possess an estimated 20,000 tons of gold, and who buy hundreds more tons of it each year. Prime Minister Modi, the Deep State establishment’s captured and controlled facilitator, has been instructed to obtain supply and control demand of gold in India, and he has been working overtime to achieve both objectives ever since his election.

First, Modi launched a Paper Gold scheme, whereby the Indian people were urged to tender their personal gold holdings to the state, in exchange for “notes” and “bonds” paying less-than-inflation interest rates on the value of the gold they provided. The notes are irredeemable for gold for at least five years, by which time the gold will be long gone from India and used in the bullion banks’ market rigging and other for-profit operations. Modi’s Paper Gold scheme failed, because the Indian people did not trust it, and correctly so.

Next, Modi imposed a 10% import duty on gold (India produces next to no gold, so virtually all of it is imported). This resulted in a multi-week strike by jewelers, which did reduce demand, one of the two aims of the Deep State oligarchs’ plan.

But shortly, this scheme failed, too, because gold smuggling surged, enabling the Indian people to obtain the gold they desire at prices roughly 5% over global spot, reasonable in the circumstances.

In a companion effort to crimp demand, Modi enacted a special reporting regulation. Enacted in 2015, it requires anyone purchasing jewelry or precious metals having a value of 200,000 rupees or more (the equivalent of roughly US$ 2,900) to present an Indian PAN Card. PAN stands for Permanent Account Number, a ten digit alpha-numeric number issued by India’s Tax Department to individuals and businesses. The PAN enables tax personnel to track all of a card holder’s financial transactions over their entire lifetime.

Only 17% of India’s population have obtained a PAN number to date, meaning that 83% of the population are unable to purchase $2,900 or more worth of jewelry or bullion in a single transaction; without a PAN Card, it is illegal to do so. This regulation has reduced jewelry and bullion purchases by upscale Indians who do have PAN but do not want their personal transactions permanently recorded. Alternatively, it has led them to make smaller purchases that do not require presentation of a PAN Card.

While the PAN regulation curbed demand in the $3,000+, high end of the market, it did nothing to address the vibrant, lower end, cash market. Smaller purchases of jewelry and bullion have traditionally been paid in cash, using 500 and 1,000 rupee currency notes. This was the Deep State’s Achilles’ heel in India, and they decided to deal with it.

Accordingly, on November 8, 2016, in a shock move, Modi “extinguished” all Indian 500 and 1000 rupee notes. Holders of the old notes have been required to exchange them for new ones, but the process has been extremely difficult and time consuming. Further, there are sharp restrictions on the amount of new currency citizens can obtain. Withdrawals are capped at 40,000 rupees per week, roughly $575.00. After paying for living expenses (90% of Indian purchases are made with cash), very little is left over for discretionary purchases such as gold jewelry. Given that the demonetization was specifically timed to occur in the middle of the robust festival and wedding season, the reduction in demand has been pronounced. Jewelers in Mumbai, the nation’s largest retail market by far, report sales being off by up to 90%.

We believe that the primary objective of the Indian currency demonetization was to sharply reduce gold demand in the world’s most important retail market, India, one that is controlled by the Deep State oligarchy via a captured agent, its Prime Minister. The manner in which the demonetization was carried out indicates some kind of desperation, because it defied all economic prudence, logic, humanitarian regard and common sense. India is the only country where this kind of attack on demand could have been carried out, and this is why it occurred there. It indicates to us that the bullion banking cabal is coming up against the wall, and that there is severe supply – demand stress in the global gold market that is rapidly becoming non-containable. Desperate times are producing desperate measures by the manipulators.

It is critical to note that the Governor of the Reserve Bank of India up until mid-2016, Raghuram Rajan, declined a second three year term. Rajan was a former Chief Economist at the International Monetary Fund, the “capital levy” people. He is also a member of the Group of Thirty, along with Larry Summers, the head cheerleader for the elimination of one hundred dollar bills in the United States, and cash in general. Much more important, Rajan has now become Vice Chairman of the Bank for International Settlements, the so-called “central bank of central banks,” and long regarded as the chief architect and enabler of global gold manipulation and price oppression. He has been characterized in the press as being “a vocal votary for increased coordination among central banks.” Clearly, an important Deep State global agenda is now in play.

Brexit and the Trump victory have demonstrated that the people can only be pushed so far, but the Deep State oligarchs are far too addicted to easy money and god-like power to hear the message. They are pushing forward as if nothing whatsoever has changed in the world. The retention by the people of financial liberty is far more important to them than Brexit or Trump, and we believe they will defend their rights to it, particularly as they awaken to the full implications of the tyranny that will be unleashed by its elimination.

As demand rebuilds from the shock demand reduction that has occurred in India, we believe the market for precious metals will become stronger than ever. First, India has discredited governments’ prized monopoly product: fiat currency. Second, India’s demonetization-related gold demand shock has no effect whatsoever on demand from Russia, China and the rest of Asia, which is stronger than ever. Third, the fiscal and monetary realities of governments throughout the west continue to worsen, strengthening the already compelling case for precious metals. Fourth, and as we have pointed out in previous articles, supply cannot withstand even a fractional redeployment of liquid personal assets into metals, without prices being forced significantly higher than where they are today. And fifth, the bullion banks and Deep State schemers are running out of curve balls to throw at the people. In fact, the stunt they just pulled in India might be their last, at least of anywhere near this magnitude. While we put nothing past them, including desperate dumping of remaining western central bank metals holdings (which might not even exist at this late stage) and prohibitions that the people will realize they must ignore if they are to have any chance of remaining financially free, it seems clear to us that they are fast running out of options.

Stewart Dougherty
November 28, 2016

P.S. One additional inference we draw from events in India is that it almost certainly proves the United States gold reserve is gone. What has happened in India indicates that a critical supply – demand imbalance exists in gold, which required an unprecedented, draconian and reckless “solution.” Actually, it has solved nothing; it has only bought the oligarchs some time, and probably not much of it. If western, and particularly U.S. gold reserves had been available, they almost certainly would have been deployed before a massive, destructive currency demonetization in the world’s second largest nation, by population, would have been ordered.

Stewart Dougherty is the creator of Inferential Analytics (IA), a forecasting method that applies to events proprietary, time-tested principles of human instinct, desire and action. In his view, forecasting methods not fundamentally based upon principles of human action are unlikely to be reliable over time. He is a graduate of Tufts University (BA) and Harvard Business School (MBA), is a 35+ year veteran of the business trenches and has developed IA over a period of 15+ years.

Gold and Monetary Populism: The Oligarchs’ Mortal Enemies – The Peoples’ Salvation

Desperation is setting in. The blatant attacks on gold are occurring almost exclusively during the Comex floor-trading hours now. Every night gold pushes higher as Asia’s appetite is seemingly voracious. The two most systemically dangerous banks right now, it was revealed according to the IMF, are JP Morgan and Citibank. I’m sure part of the smash is in response to that. All this action between gold and the dollar means is that the counter-force reaction to what the Fed is doing is going to be even more forceful. They already can’t control the dollar and the strong dollar is going to decimate Q4 revenues and earnings. Give it 6 months and I bet they start talking about the need to print more money. Gold will sniff that out well ahead of time.

Stewart Dougherty has provided another guest post for IRD. I think this is his best commentary yet.

The people hold in their hands the key that can unlock the door to financial independence and steadily increasing wealth, but they do not realize it. An obvious truth, being clear, is the hardest thing for people to see. They look right through it, as though it were not there, even though it is. Once they do see a truth, they never overlook it again. It becomes an invaluable fixture of their thinking.

Like the adult elephant taught from youth that the light chain around its leg cannot be broken, the people believe that the strangulating government currency chain around their necks is unbreakable. The fact is that if the grown elephant pressures the chain, it will snap, setting him free. The people, too, have the power to break the currency chain that chokes them and reclaim their financial freedom from the plunderers who have usurped it, if only they would study, understand and act.

The key to which we refer is private money, the most important forms of which are physical gold and silver. Cash is another, albeit greatly inferior form, in that currencies (not technically money) are controlled by their issuers. Global Deep State efforts to restrict or even eliminate the people’s ability to possess private money are now rampant, and running into resistance. Denied the ability to possess private money in the form and quantity they desire, the people will be deprived of financial freedom, and in the end, given that freedom is indivisible, any freedom at all.

Given the oligarchs’ clear, unmistakable intention to deprive the citizens of financial freedom, the people now have not just a financial, but a moral obligation to redenominate a portion of their liquid assets into private money. The people need to tell the Oligarchy in clear terms that they have gone too far, and will not be going any farther.

There are 7,000,000,000,000 people on this earth. There are fewer than 5,300,000,000 troy ounces of gold. If every person were allotted an equal share, each could possess 0.76 troy ounces of gold. In that gold can only be mined, and not printed by Deep State oligarchs, this sum is projected to remain consistent going forward, and may even shrink if mining cannot keep up with population growth.

The actual ownership of gold is vastly skewed. Fewer than one billion troy ounces of physical gold worldwide are thought to be potentially available to the market, in current circumstances. This is not gold actually offered at this time, but that could be offered to the market if the selling climate were opportune and owners decided to sell. The other 4,300,000,000 ounces are believed to be immobile, at least for now, and include government reserves, non-trading private reserves, and forms of jewelry that are highly unlikely to be sold unless people’s personal or financial circumstances significantly change. People do not sell their wedding rings or other jewelry having deep sentimental value unless there is a pressing reason to do so.

This means that there are perhaps 1,000,000,000 ounces of gold available to 7,000,000,000 people. Put another way, 1,000,000,000 ounces are available to what is estimated to be well more than $200,000,000,000,000.00 in net private wealth. Which translates into 0.143 available ounces per person; and total available gold amounting to only 0.65% of total global private wealth, at a price of $1,300 per ounce. If a low single-digit percentage of the people or the private wealth decided to mobilize into gold, where would the gold come from? The answer is: from radically higher prices, because that is the only place it can come from. We wonder, what is it about these numbers that the people cannot see? The conclusion is: the obvious, which is the hardest thing for them to see. Gold is so rare, and demand for it so potentially overwhelming that it is literally ridiculous it sells at today’s price. Yes, the “Great Oz” of price manipulation and corruption continues to hold sway for now, but Toto is sniffing him out and zeroing in. He is going to find the curtain and pull it back, and then all hell is going to break loose, because the current price of gold is a colossal fraud and lie. An historic price reset is inevitable.

At its core, gold’s price is not a Deep State oligarchy manipulation problem, even though we know for a fact that the oligarchs totally dominate and rig the precious metals market to manufacture fraudulent profits for themselves while advancing a corrupt, statist narrative to assist their government puppets.

Gold’s absurd price is, in fact, a marketing problem. The gold mining industry has been singularly incompetent when it comes to marketing its precious product. The gold industry has not produced one original marketing idea in 250 years, and gold’s current price proves it. Once people’s eyes are opened to gold’s unparalleled virtues as private, personal money, everything is going to change, most notably, its price, which is going to surge out of fundamental necessity.

Brexit and the Trump victory reflect a rising populist tide in the west. The people are saying that they want to take back their countries and their lives. We believe that the same type of popular anger and dissatisfaction that has produced the sharp and ongoing political reset in the west is likely to erupt next in the field of currency and money. The populist movement was fomented in the first place by people who had become disgusted by constant financial regression and the real prospect of and trajectory toward eventual impoverishment. Their sentiments have set the stage for a populist monetary revolution. A determined segment of the people, those who still have liquid assets, is going to figure out that now is an excellent time for them to take back their money. They are going to say it’s time to “drain the monetary swamp” of its Wall Street swindlers and central bank fakers, escape the financial tyranny of zero interest rates, and return to ancient money that is rare, possesses intrinsic value, is beautiful and is virtually certain to appreciate.

For the oligarchs, it is one thing if the people want to take back their countries; it is an entirely different, and totally unacceptable thing if they want to take back their money. The control of national currencies, money supplies and interest rates has been the Deep State oligarchs’ secret preserve and heavily protected “No Go” zone for decades. Their domination of this preserve has enabled them to mint phenomenal amounts of, guaranteed, risk-free profits; profits not measured in the millions or billions, but in the trillions of dollars. To the oligarchs, monetary populism means war. Which now rages, even though most people don’t yet know it.

To combat monetary populism, the oligarchs have launched a War on Private Savings. To put the monetary genie back in the bottle, they need to herd the people’s liquid funds into institutions they control. Now that they can clearly see the whites of the people’s eyes, as the populist sentiment spreads into finance, they have put their actions into overdrive. They need to defeat monetary populism before it becomes a “movement,” which it has every potential of doing.

The War on Private Savings is the largest conflict ever declared in the history of mankind. It is different from all other wars because: it is being fought against humanity, not a national or political enemy; it is global; it is being waged with trickeries, lies, schemes, propaganda, prohibitions and demonetizations, not military weapons; it is synchronized; it targets personal, after-tax savings, not a country’s natural resources, geography, government or political leaders; it has been declared by a non-elected Oligarchy; it is about contempt for freedom; and its ultimate objective is about one thing and one thing only: the conquest of other people’s money.

The War on Private Savings, while massive in itself, is actually part of a larger conflict, the War on Human Freedom. While human freedom has been under attack in various ways since the dawn of mankind, it has never faced such a concerted, coordinated, massively well-funded attack as the one now declared against it by the Deep State oligarchs. If the initiators of the War on Private Savings win, the real casualty will be human freedom, because there can be no human freedom if there is no financial liberty. The stakes of this war for the people are impossible to overstate.

India has been turned into a 1.3 billion person human laboratory for the advanced research, development and testing of the weapons to be used in the full-scale, global War on Private Savings. The weapons that prove successful in India will then be used on other people in other nations throughout the world. What happens in India is a global prologue of what is yet to come.

The term “War on Cash” is a deliberately misleading misnomer. It is merely one act in a much more sweeping drama. There is no war on cash; there is an attack on cash. The attack on cash is just one of the many battles within the much larger War on Private Savings. We can now observe a rapidly intensifying, synchronized, global effort to demonize, control and eliminate cash in Australia; Europe, especially the Nordic countries; the United States; India; and virtually everywhere in between. The War on Private Savings is strategic; cash controls are tactical. The oligarchs want you to focus on the tactic, not the full strategy. You don’t want to fall for that.

In addition to the attack on cash, other tactics currently being used in and planned for the War on Private Savings include: 1) Low and negative interest rates that are less than the rate of inflation and therefore rob savers; 2) Civil asset forfeitures; 3) The explosion of government regulations accompanied by confiscatory fines; 4) Across the board tax increases; 5) The creation of entirely new tax categories (e.g., Obamacare; carbon taxes) that pile onto but never streamline or reduce existing tax structures; 6) The intense manipulation of precious metals prices, resulting in artificially low prices that lessen savings; 7) Endemic corruption resulting in increased consumer costs and national debt that must be borne by the people (e.g., Medicare; Medicaid; Military (for example, the $6 Trillion in unaccounted-for Army spending, alone, all of which is now constitutes additional national debt); 8) Massive, structural government deficits that heap even more non-repayable debt upon the people; 8) Open borders, which spike the cost and deficits of government, which are similarly borne by the people and nationally impoverishing; 9) Deliberately engineered inflation that devalues national currencies and savings; 10) Outright demonetizations and forced conversions of currencies, with massive attendant costs, a new weapon that has been rolled out in India; to name just a few examples of the existing and emerging weapons being used against the people in the War on Private Savings.

To sum up the situation, we believe that: 1) Populism is spreading into the Forbidden Zone of currency and money; 2) To prevent Monetary Populism from becoming a “movement” that they cannot contain, the Deep State Oligarchs have declared a War on Private Savings, as part of a larger conflict, a War on Human Liberty; 3) Precious metals, particularly gold, are an extraordinarily powerful weapon in the hands of the people, and one that can defeat the Oligarchs’ oppressive, anti-humanitarian campaign, but only if the people take up the weapon en masse, and soon; 4) The Deep State oligarchs are fully aware of the threat posed to them by the weapon of private money wielded by the people, which is why they are attacking; 5) If, through simple messaging, the people’s eyes are opened to the unique capability of precious metals to restore to them the financial stability, freedom and dignity that are rightfully theirs, no less than their other constitutionally guaranteed rights, they will embrace this obvious solution in large numbers, ensuring their victory. In the process, monetary populism will be transformed from a sentiment into a powerful, invincible movement.

In our next article, we will discuss the simple ways by which the managements of publicly traded precious metals mining companies can ignite demand for and price escalation of their product, as is required by their fiduciary obligation to shareholders.

Stewart Dougherty
November 22, 2106

Stewart Dougherty is the developer of a principles-based forecasting methodology named Inferential Analytics. The unique IA model assesses monetary, fiscal, financial, market, social, political, empirical and anecdotal factors to get a glimpse of tomorrow, today. He has 35 years’ worth of management, corporate strategy and business development achievement. He is a graduate of Tufts University (MA) and Harvard Business School (MBA).

Guest Post: Human Derivatives and Gold

The Oligarchs’ Plan to Monetize Humanity – Stewart Dougherty

The greed-diseased and power-obsessed Deep State oligarchs hate you for your freedom and love you for your money, and they are accelerating their plans to strip you of both. There are two things standing in their way: cash, and precious metals. The oligarchs are doing everything in their power to falsely discredit both of them in the eyes of the people. Cash and precious metals are physical manifestations of financial and human liberty. Liberty, which is indivisible, is the absolute last thing the oligarchs have in mind for us, as there is no profit in it for them. The oligarchs realize that the people are fast waking up to what is being done to them. While the Oligarchy remains an unimaginably dangerous enemy, it was wounded in the United States presidential election, is acting more erratically and illogically, and is starting to make serious mistakes. How we, the people, push forward from here will determine whether we remain free, or become slaves to the greatest Force of Evil ever known to mankind, the Deep State oligarchs.

While the above themes are not new to Inferential Analytics, the accurate and reliable forecasting method we have developed and use, the intensity with which the Deep State is pursuing its “dual mandate” of expropriating private wealth and enslaving the people by deliberately impoverishing them is absolutely unprecedented. If the people lose the war that the Deep State has declared against them, their futures and those of their descendants will be destroyed. The people must not and need not lose this war. In fact, the people can defeat the Deep State by using simple tools and common sense. The problem is that the people do not realize they have the power to take down the Oligarchy, so we all must work to open their eyes and show them the force of nature they truly are. That is our mission in this article, and the ones to follow.

The post-election orgy of precious metals price destruction is an open letter from the Deep State oligarchs that they couldn’t care less about the people’s desire for fundamental change, something the people shouted from the rooftops with their votes. The oligarchs have announced that there will be no change in policy or operating procedures; it is full steam ahead for them, because they know they can loot society of trillions more dollars if they can successfully implement their plans, which are well underway and inimical to the people in the extreme.

Money that flows into physical precious metals means less money in banks for the Deep State oligarchs to loot. In 2011, as gold surged to $1900 and silver to $50 per ounce, the oligarchs saw the real potential of a buying stampede breaking out among the people, which would have resulted in even greater bank withdrawals. They were simply not going to allow that to happen. Plans to gain control of the people’s money were in the formative stages, and could not be activated at that time. Not having the means to restrict the flow of money into precious metals, they decided instead to crush prices by market manipulation, both to financially punish those who had bought into the gathering stampede, and to scare away prospective buyers. The Deep State is now on the threshold of being able to implement its asset control agenda, and is certainly not going to lose bank deposits to precious metals when they are so close to their objective. Therefore, they have ratcheted up their illegal price manipulation activities to record intensity.

Post-election, the Deep State oligarchs have made it clear that they are going to continue to ram down the throats of the people the self-serving crony communist agenda they have been pursuing for the past twenty years, and particularly during the past eight, when they have had an energized communist organizer in place. If this means that they must hire phony activists on Craig’s List for $12.00 per hour and bus them around the country from one pre-arranged “demonstration” site to another, this is what they will do, as we can see. This is a small price to pay for the power and money prizes they have plotted to win.

The most profitable financial instruments ever created by the oligarchy are derivatives. These synthetic devices, designed for hedging, risk management and speculation by market players, and structured to generate guaranteed profits for the oligarchs who invent, issue and control them, include futures, options, forwards and swaps, and are a Deep State money machine.

Derivatives are layered on top of what are known as “underlying” assets, such as stocks, bonds, commodities, currencies, government debt, and securitized debt and mortgages.

We believe that the oligarchs are creating a new class of financial derivatives that could produce the largest transfer of wealth in history, from the people to them.

We call them “Human Derivatives,” or “HDs.” The “underlying” asset in HDs is humanity itself; specifically, the personal wealth and future wealth-creation potential of human beings, in addition to rich, deeply personal, tradeable and exploitable information about them. With HDs, the Oligarchy intends to monetize humanity. By positioning themselves as the “House,” and giving themselves proprietary fee-setting, settlement, arbitrage and inside trading powers over HDs and bank deposits, the oligarchs intend to create a monopolized toll booth through which most monetary assets must pass. This will enable them to siphon off trillions of dollars of existing and future financial wealth from “underlying” human beings. The oligarchs plan to turn humanity into a financial asset over which they have control.

Human Derivatives will not just leverage people’s underlying financial assets, but much more important, deep personal insight into who they are, what they buy, how they behave, their medical well-being, their relationships and social networks, their susceptibility to messaging and advertising, and their overall economic “value.” This information will be codified, scored and quantified, and then converted into indexes made tradeable by HDs. The tradeable financial digitalization of the people will be worth a fortune to the Deep State “House.”

The oligarchs face a critical prerequisite to the optimization of Human Derivatives: the elimination of cash. By removing cash from the system, the oligarchs will obtain full visibility into and control over the people’s monetary transactions, which is required to maximize HD profits.

While numerous “motherhood” justifications for the elimination of cash are enunciated by the Deep State shills who are promoting it, such as fighting terrorism, crime and drug trafficking, these are misdirections and lies. The real purpose for the elimination of cash is simple: to give the Oligarchy full-spectrum control over monetary assets. The fact that Larry Summers is one of the main proselytizers for cash elimination is all that you need to know; he is a longstanding Establishment spokesperson and enabler.

Influential, non-banker elitists are now joining the battle. For example, on October 27, 2016, while speaking to reporters, Apple Computer CEO Tim Cook triumphantly stated, “We are going to kill cash.” By “we,” he does not mean Apple, which has no means by which solely to murder cash, but the Deep State elite, of which he is a peripheral member. The elimination of cash will be a boon to Apple Pay, which collects a 0.15% commission on all transactions, an amount that is guaranteed to increase by multiples and passed on to consumers in the form of price inflation once digital payments are non-optional and monopolized.

On November 8, 2016, the Indian government announced the most brazen cash reset and windfall tax generation scheme ever hatched. At 8 PM, after the banks had closed, Prime Minister Narendra Modi made a surprise proclamation that as of 11:59 PM that same evening, all 500 and 1,000 rupees currency notes would be demonetized, stripped of “Legal Tender” status, and “extinguished.” In his words, “currency notes of rupees 500 and rupees 1,000 will be just paper with no value.” Rupees 500 and 1,000 notes are worth roughly $7.50 and $15.00, respectively, and they constitute 85% of India’s total currency supply. With no advance warning, Indian citizens were given 4 hours to spend 85% of India’s total money supply, or endure a massively time-consuming currency conversion ordeal.

In the few hours remaining that night, the stores were flooded with citizens trying to dump their 500 and 1,000 rupees notes. Gold spiked to the equivalent of $2,300 per ounce, before completely selling out at dealer locations, as people were willing to spend pretty much anything to get a real asset like gold in exchange for “just paper with no value.”

The government gave those unable to offload their 500 and 1,000 rupees notes during the four hour window the option of depositing them into their bank accounts (assuming they have them) until December 30, 2016. But to do that, the depositor must fill out an affidavit, explaining where the money came from. If the authorities determine that the depositor has not satisfactorily accounted for the funds, then an income tax and fines will be imposed on the depositor, or the currency will simply be seized.

The government also gave the people the ability to physically exchange at banks their rupees 500 and 1,000 notes for new currency, but only until November 24, 2016 (a period of 14 days), and only at a rate of 4,000 rupees (roughly $60.00) per day. If a person is willing to stand in a bank line for hours a day, for 14 days straight, they will be able to exchange a grand total of 56,000 rupees, or roughly $840.00.

Modi stated that the extraordinary action was taken to curb “counterfeiting,” “corruption,” “terrorism,” “black money,” and the “black economy,” the usual excuses for tyranny, but never explained how, which is typical of these Deep State gambits. While making his announcement, Modi stated: “Experience tells us that ordinary citizens are always ready to make sacrifices and face difficulties for the benefit of the nation.” As we can see, the citizens’ willing acceptance of surprise currency resets is being positioned by the Deep State as a matter of patriotism and duty.

India’s gun control laws are among the strictest in the world, and have been tightened even further by Modi since he came into office in 2014. The people are also trained from a young age to be compliant and polite. It is no wonder why India was chosen as the test site for Deep State’s first surprise, national currency reset.

Almost exactly one year ago, it was the same Modi who announced an Indian “paper gold” scheme. The Indian people were asked to turn in to their bank their physical gold, in exchange for a paper “note” that would provide 2.25 – 2.75% interest per annum on the gold’s value at the time of submission. The “investor” would not be able to get their gold back for at least 5 years. By then, of course, it would be long gone. Indian inflation is consistently above the offered interest rate. The Deep State’s scheme, promoted by their puppet Modi, flopped because the people, who are never nearly as stupid as the elitists think, saw right through it.

There are an estimated 20,000 tonnes of gold in the private hands of the Indian people, and the bullion banks wanted it for their own profit-making purposes, not the least of which was to cover their enormous naked short positions.

We believe the Indian currency reset is a test, foisted upon a compliant, disarmed people to gauge their reaction. The real drama is yet to come, and will occur throughout the West. If the oligarchs cannot trick the people into accepting the elimination of cash, then they will do the next best thing: a for-profit currency reset that nets a windfall. Most likely, they will do both, in succession: a currency reset, netting a windfall, followed by the elimination of cash, netting a second, much larger windfall.

Several prominent commentators have recommended holding cash as a financial defense mechanism. But none of them has warned of the possibility of a currency cancellation, such as the one that just occurred in India. This demonstrates how entropic, unpredictable and dangerous the current financial environment has become. We urge readers to stay highly informed via the Alternative Media, the only place where you can find the truth. Developments are happening fast, and you could get blindsided if you are inattentive and drop your guard.

All of the above begs the question: how can we financially defend ourselves from the Establishment controllers who are coming for our money and our freedom?

Even though precious metals prices are being deliberately crushed at this time, for the reasons outlined above, we view them as the best, and in certain cases, only defense against Deep State exploitation and expropriation. Gold and silver are financial Freedom Fighters, uniquely capable of protecting people from oppression. Throughout history, as people have fled persecution and sought liberty, gold has been their salvation. For millions over millennia, freedom has only been payable in gold. Precious metals provide the best escape from the Deep State’s coming financial command and control matrix, and are the only assets that cannot be canceled, demonetized or extinguished by government decree and whim. Even assets traditionally viewed as being safe, such as productive farm land, can be taxed into oblivion by a government gone rogue. It has happened in the past, and will certainly happen in the future. One cannot hide farm land, or stitch it into one’s coat.

Some people express the concern that governments will prohibit the ownership of precious metals, particularly gold, when things unhinge. We would respond by saying that if it ever comes to that, you will know, for a fact, it is game over. By issuing such an order, the Deep State would make it absolutely categorical that they intend to impoverish and enslave you. While many people might surrender to that kind of totalitarianism, hundreds of millions to billions of people worldwide will not.

Governments can create currency, but only God can create gold, and He is not in the Deep State’s back pocket. No government has the moral authority or practical ability to extinguish the value of the gold made by God. The gold and silver markets have been healthy, consensual and vibrant for more than 5,000 years, and that will never change as long as human beings still walk this earth and breathe the air. Government made currencies have catastrophically failed every single time they have been created. That, too, will never change. Soon, the exchange value of metals will be determined by people, trading one to one, and not by Deep State manipulators and criminals who now set phony prices in rigged markets that they control. You will only be able to enjoy gold and silver’s many virtues if you own them. As millions upon millions of people wake up, see monetary truth and buy, it will become harder to acquire metals at anywhere near current prices, in our view. This is not investment advice (we are not investment advisors and urge you to do your own research and make your own decisions), this is common sense. We believe your opportunities for action are diminishing, because you are battling deteriorating fiscal, economic and monetary circumstances, not to mention time.

Stewart Dougherty
November 13, 2016

Stewart Dougherty is the developer of a privately-held, principles-based forecasting methodology named Inferential Analytics. The unique IA model assesses monetary, fiscal, financial, market, social, political, empirical and anecdotal factors to get a glimpse of tomorrow, today. He has 35 years of management, corporate strategy and business development experience. He is a graduate of Tufts University (MA) and Harvard Business School (MBA).