Mark Matheny
March 28, 2011
Peter Schiff of Euro Pacific Capital appeared on CNBC March 25, 2011 stating that gold prices are likely to reach $5,000 an ounce, and may do so in the course of the next ten years.
One of the reasons for the continual rise in the price of gold is due to the policies of the Fed called quantitative easing. In The Creature From Jekyll Island, G Edward Griffin explains that without the ability to create fiat money, most wars would not exist, simply because countries would not have the means to finance them. Fiat currencies give the opportunity for a flexible money supply, and therefore a way by the central banks to continually keep countries in debt through perpetual war.
Of course, the printing of money then drives up the price of gold ( not that gold is actually rising, but that the dollar is decreasing in value).
The United States has conflicts going on in several countries at this time, i.e. Iraq, Afghanistan, and now Libya.
The globalists through the financial institutions they control utilize war as a way to fill their coffers, and control nations. G Edward Griffin explains this superbly in The Creature From Jekyll Island pg 230:
War is the ultimate discipline to any government. If it can successfully meet the challenge of war, it will survive. If it cannot, it will perish. All else is secondary. The sanctity of its laws, the prosperity of its citizens, and the solvency of its treasury will be quickly sacrificed by any government in its primal act of self survival.The United States is definitely in economic trouble, and as a result our government has definitely descecrated the sanctity of our Constitution, jeopardized the prosperity of its citizens here, (mostly the middle class sector), and has quickly dissolved the solvency of our Treasury - all for the sake of Safety and security. The war on Terror has been the mechanism by which the globalists have achieved their grand goal of reducing the superiority of the once Great United States.
All that is necessary, therefore, to insure that a government will maintain or expand its debt is to involve it in war or the threat of war. The greater the threat and the more destructive the war, the greater the need for debt.This is more than likely the reason for the United States' role in policing the world, and the reason for the Vietnam, Korean, Gulf, Aghanistan "wars", and so on. They are the wars that cause the destruction, while the rumors of war constantly told to us on the Media are used with the same effect. Congress is then terrified into giving more money toward "homeland safety" measures further indebting us to the banks who are printing the money ( or digitizing it now - technological tyranny at its best).
To involve a country in war or the threat of war, it will be necessary for it to have enemies with credible military might. If such enemies exist, all the better. If they exist but lack military strength, it will be necessary to provide them the money to build their war machine. If an enemy does not exist at all, then it will be necessary to create one by financing the rise of a hostile regime.During the cold war era, Russia was an enemy with credible military might. Now that the cold war is over, the globalists have have created hostlie regimes and terrorists groups such as Al Qeada, and the Taliban in order to continue war and increase debt among the nations.
The ultimate obstacle is a government which declines to finance its wars through debt. Although this seldom happens, when it does, it will be necessary to encourage internal political opposition, insurrection, or revolution to replace that government with one that is more compliant to our will. The assassination of heads of state could play an important role in this process.During the civil war, President Lincoln issued greenbacks to his troops in order to avoid accruing debt from the Central Bankers, and it is surmised that this was at least in part the reason for his assassination. He did not want to give the bankers interest when he knew he could have Congress print money (even though fiat paper money is unconstitutional).
And further G Edward Griffin states:
No Nation can be allowed to remain militarily stronger than its adversaries, for that could lead to peace and a reduction of debt. To accomplish this balance of power, it may be necessary to finance both sides of the conflict. Unless one of the combatants is hostile to our interests and, therefore, must be destroyed, neither side should be allowed a decsive victory or defeat. While we must always proclaim the virtues of peace, the unspoken objective is perpetual war.The wars in Afghanistan, Iraq, and several other countries are not meant to be won or lost, but continually in force, all the while breaking the very fiber of the United States. Al Qeada, the Taliban, as well as The muslim Brotherhood among others, are financed by the very enemy they fight against. They are used to perpetuate debt in order to submit nations to a coming world government, and to further feed the globalists pockets,( as if they don't have enough already).
Peter Schiff is correct. Gold prices will certainly rise as long as the Fed prints fiat currency, and Central banks finance wars at our expense.
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