-Caveat Lector- .............................................................. Forwarded from the Internet Conspiracy Community: From: Craig White <[EMAIL PROTECTED]> To: Multiple recipients of <[EMAIL PROTECTED]> Subject: Gold Standard to make a comeback eventually and used by US of Europe? Date: Wednesday, October 13, 1999 10:19 PM Just as the British Empire was accused of being the product of a conspiracy by all sorts, so is the American Empire. Slowly, the American (read Manasseh's) Empire (sometimes called the NWO by those who do not understand that the Old World Order is the system which the Bible predicts will be our adversary) is unravelling. In this light I thought I would post this item which I saw on a forum for your information. Those who have read Dr Sutton's books will recall that he warned of an eventual falling out between a gold-backed European currency and the US dollar. In a personal letter to me some years ago he predicted that the USA will eventually be isolated on the world stage. Craig Tophat Historically Gold was seen as the "ultimate currency" This means that in times past people did not view Gold in US$ terms but more US$ in Gold Terms- Just let that sink in for a minute. Now, ever since Nixon removed the backing of Gold from the US$ there has been a huge expansion of US$ money supply(the US$ can now merely be printed- rather than requiring an increased amount of gold to back the currency)This increase in money supply is the purists definition of Inflation(as opposed to the laymans definition which is rising prices) The reason the POG rises in times of inflation(times of increased numbers of US$ floating around the world) is that for each ounce of gold that exists in the world, there is an expanding amount of US$- the result an ounce of Gold is seen to be "worth" more US$(some would say that a US$ becomes worth less gold) The Big Debate- Many say that the relationship between Gold and the US$ no longer exists.They point to the huge explosion in the US$ supply and the declining Gold price. Others say that the diminished role of Gold as a measure of money is temporary(temporary in the sense that the last 20 years is a small time historically) and will only last for as long as we(the world) have confidence in the US$ and are prepared to accept it as a non depreciating store of wealth(but every time an extra US$ is printed the currency IS being depreciated) So for as long as we all have confidence in the US$, the US$ will remain king and Golds role will remain diminished. Things to consider- 1. Statements by the G7 recently indicate that they are fed up (no pun intended) with the irresposible monetary actions of Big Al eg cutting interest rates to save the world last October when their economy was already overheated(The fed were not trying to save the world they were merely trying to protect US interests-read investments in emerging economies) 2. Japanese are fed up (ok pun intended this time) with Big Al too. Even though the appreciating YEN is hurting japanese exporters and threatening their fragile recovery, the Japanese see the problem as a US$ weakness and not a YEN strengthening.They point to the Bubble stock market and the US economy overheating as evidence. (remember the huge expansion in US$ has to go somewhere, and it seems it has gone into the stockmarket and US Bonds- the latter keeps interest rates artificially low) In short the major economies of the world are signalling that they have lost confidence in the US to be responsible.They are now seeing the worlds emerging problems as a US problem and resent the US lecturing to them about how they must do this or that so that the world doesnt go into recession. I believe that the US has got the message and explains why they are finally prepared to "cut gold loose" and also explains why Greenspan has no choice but to raiseinterst rates soon. Sorry for the long winded explanation but without the full picture(and there are no doubt many gaps) you cnot fully understand the Gold/inflation relationship. Hope this helps Cheers *********************************** Lloyd Miller, Research Director for A-albionic Research (POB 20273, Ferndale, MI 48220), a ruling class/conspiracy research resource for the entire political-ideological spectrum. Quarterly journal, book sales, rare/out-of-print searches, New Paradigms Discussion List, Weekly Up-date Lists & E-text Archive of research, intelligence, catalogs, & resources. To Discuss Ideas: mailto:[EMAIL PROTECTED] http://msen.com/~lloyd/ For Ordering Info & Free Catalog: mailto:[EMAIL PROTECTED] http://a-albionic.com/formaddress.html For Discussion List: mailto:[EMAIL PROTECTED] text in body: subscribe prj <[EMAIL PROTECTED]> **FREE RARE BOOK SEARCH: <[EMAIL PROTECTED]> ** Explore Our Archive: <http://a-albionic.com/a-albionic.html> Every Diet Has Failed! What Can I do? 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