Thanks to Matthais Chang at FutureFastForward

Meltup 55m

I don’t have much time right now, but I’d like to give initial thoughts on meltup (which I’ll add to later).

The first is there is a mistake or dishonesty in the section talking about gold. Here’s two screenshots at around about the 25 minute mark.

If you watch the documentary you probably spotted the flaw, and it’s a flaw that the AGW’ers sank into (again accidentally or deliberately – I’m not sure, but in the AGW case, I think the latter) with atmospheric CO2 and global temperatures.

This documentary is trying to sell you the idea that “precious metals do better when the FED begins to raise artificially low-interest rates”. They use arrows they choose to ‘show’ this over the time. Hopefully you can see this is a highly questionably claim indeed. in 1980, the gold price went from about $850 to about $400 over almost a two year period but interest rates went up and up and up from about 10.5 to a peak of about 15.5% That is in total opposition to what they are saying yet it covers the narrow time span that they decided to look over.

It’s actually much easier to ‘see’ it in the video than it is to try and describe by tapping it on the computer.

Notice that the next gold chart from 2002 onwards they DON’T show the interest rate when GOLD has spiked to $1240 devaluing tokens while interest rates were near zero. Doubtless, they would say this is because the interest rate during that period is being kept artificially low. Sounds plausible isn’t it? This is a good demonstration of how easy it is to switch off your brain when listening to “econspeak” ALL interest rates are artificial. LOL. And like most american perspectives, america is the only focus here. The influences of the rest of the world are not given any time on these charts.

One more thing. The documentary talks about silver having greater % price swings than gold. Well yeah, one very important factor is because solver is cheaper than gold, so the speculators can muck about with it more easily. Saying the bailouts may have been in part to artificially suppress precious metal prices. Crumbs. again that’s a very difficult and precarious call to make, and like most “econspeak” you can easily find a way around the “logic”. By allowing the gold price to increase, the bailouts could have been made using those very things just discussed – gold and silver so that the dollar printing presses wouldn’t have to be made to operate at furious speeds. That sounds reasonable too right? – but of course it’s probably just as as guilty of ‘econspeak’ as they offered! 

So whats going on?

The thing is the virtually ALL the talking heads that manage to make it into the corporate news (or more frequently in the news strata below that or further below in the independent news) are people who operate within the world of fraudulent economics. Let me qualify that, they believe in the capitalistic economic system we have as long as the effects of that economics are not too extreme. That is, as long as the debt doesn’t get too high, or the interest rate isn’t too high or the inflation rate isn’t too high etc etc etc then the system is OK and the cumulative ills of the system can be lived with.

One example is Max Keiser. Mas is great at bringing to peoples attention much of the $financial fraudsters running and ruining our lives, but he advocates interest rates as a means to bring the system back into line. Others state the economy should have been allowed to enter a recession a few times over the last decade to (again) bring the economy ‘back on track’.

Instead of a furious calamitous up/down extremes collapse they are advocating a long drawn out continually degrading health of the economy.

The problem is that we do not use a proper monetary system. Using physical exchanges of gold and silver are the greatest remedy of this but the problem is that we have become SO entrenched in this economic scam and previously the ill effects were slow (and so liveable) that it seems we cannot imagine what it is to exist outside it.

When people don’t understand something, to fill the imagination black-hole they are quite willing to put almost any image in its place. Any grasp of a concept is better than no grasp at all (so people think – or should I say, so I think people think!).

Most have lost touch with what a system of economics is actually for, which is simply to facilitate a fair trade for the benefit of two traders. This fundamental of economics is for mutual benefit and devoid of greed because it is balanced. Many humans are greedy yes, but (as I am trying to point out) [I believe] this is because they are intertwined in a rotten system that gives apparent benefit to those who are greedy i.e. the system encourages greed.

In a simple system, greed can be effectively stamped out as each trader – you and me – would be strongly engaged in the economic (trade) system. and not essentially detached from it as we are today {in essence our status approaches that of a “commodities” and we are expendable}. As such, from the properties of communities and social circles work, a taboo against issues detrimental to the community persist, discouraging it from the offset. And if it does become an issue, the community can spot it and stop it.

Just like the “good” economists are have almost exclusively plays with the Terry Gilliam like contraption with copious cogs, whirring wind meters, pedals, steam valves, vibrations, grubby screens, unmarked levers and buttons, when one starts talking about a cleaner system of economics e.g. one that involves physical exchange of gold and silver people start pulling obscurities from that fraudulent system asking “who would you do xyz then”


They scuttle back to what they know – the very thing that’s killing them.

And when a solution comes their way to the ‘problem’ they enquired about, they scoff at it if it doesn’t fit within the fraudulent system we have and instantly dismiss any of the restraints that the solution may include.

As I’ve been saying for a while, people need a FUNDAMENTAL BREAK from most of the systems we in the oxymoronic ‘developed’ and ‘developing’ world have today.

But people simply cannot.

Oh dear, I shoudn’t have written ‘wo what’s going on’.



0 Responses to “meltup”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Viva Palestina – break the siege:

Viva Palestina - break the siege

This blog supports victims of western aggression

This blog supports victims of western aggression

BooK: The Hand of Iblis. Dr Omar Zaid M.D.

Book: The Hand of Iblis
An Anatomy of Evil
The Hidden Hand of the New World Order
Summary Observations and History

Data on Fukushima Plant – (NHK news)

Fukushima Radiation Data

J7 truth campaign:

July 7th Truth Campaign - RELEASE THE EVIDENCE!

Recommended book: 3rd edition of Terror on the Tube – Behind the Veil of 7-7, An Investigation by Nick Kollerstrom:

J7 (truth) Inquest blog

July 7th Truth Campaign - INQUEST BLOG
Top rate analysis of the Inquest/Hoax

Arrest Blair (the filthy killer)

This human filth needs to be put on trial and hung!


JUST - International Movement for a Just World


Information Clearing House - Actual News and global analysis

John Pilger:

John Pilger, Journalist and author

Media Lens

My perception of Media Lens: Watching the corrupt corporate media, documenting and analysing how it bends our minds. Their book, 'Newspeak' is a gem.

Abandon the paper $cam:

Honest and inflation proof currency @ The Gold Dinar
May 2010
« Apr   Jun »

%d bloggers like this: