Gregory Mannarino April 29 2013
The tragedy in Cyprus continues. Reuters reports today that the island is in an impasse as the initial proposal of past weekend was killed by the Parliament with 100% of the votes. Several alternative plans are being discussed behind the scenes. One of the potential scenario’s is the Russians buying up one of the ailing Cypriot banks. Meantime it appears “EU officials voiced frustration but little sympathy for an ambitious but now bust banking system.” (via Reuters).
We wrote over the weekend our conclusion about the Cypriot case: Wakeup Call From Cyprus To The Rest Of The World. It was meant to help people SEE with their own eyes the truths and fundamentals behind the facts. Our article reached tens of thousands of readers.
The Cypriot case is all over the place, in all types of media. However, it is amazing how the following simple facts remain underexposed. It is one thing to look at the news, it is another thing to look at the learnings that come out of the news. For those who are willing to see, here is what Cyprus is teaching the whole world about money, the debt crisis and gold:
(1) The counterparty risk has never been that high in history. Keeping your money on your savings account not only has no yields, but also has a risk of losing (part of) it to the bank itself.
Gold expert James Turk says, “Mr. Bernanke is so anti-deflation he’s willing to risk hyperinflation, and we are on this path of hyperinflation given the policies we are following.” Turk contends gold is a good value right now. Turk says, “Because it is money outside the banking system, it doesn’t have any counterparty risk, and that is very important as this crisis continues to unfold.” Turk predicts, “Either we cut back on spending or the dollar is going to collapse. . . . Those are the two choices.” Turk’s advice, “By owning physical metal, you are preparing for what looks like a collapse of fiat currencies. In fact, I call the environment we are in now a fiat currency bubble.” Turk predicts gold will reach “$11,000” per ounce in the next five years.
Turk goes on to say, “It might come sooner. It depends on when confidence finally breaks, and we’re getting very, very close to that stage. There’s nothing holding the dollar together but confidence.” Join Greg Hunter as he goes One-on-One with James Turk of GoldMoney.com.
One result has repeated itself without fail throughout history. Every fiat currency ever created has dropped to zero and ended in horrible failure for the majority of its users, while benefiting those that destroy it. The reins of this economic self destruct mechanism are carefully tended by the worlds power structure while they position their own assets in such a way to profit from the fire sale as the rest of the world struggles to survive.
This pattern has repeated itself ever since the first cuneiform tablet was forged, just after the abstract concept of money was created. Since that time society relied completely on evolving technology to verify and preserve the institution of money as it was originally intended, and others continually worked to break that system for personal gain. Because this has been an expensive and complicated task in the past, people have always relied on a centralized institution to control the common wealth. This has always left people vulnerable to this central point of control being hijacked and used against the common wealth, until now.
The creation of Bitcoin is a historical landmark in the evolution of money. For the first time in human history there is a system of trade that is not under the control of a centralized system, and is in fact designed to prevent such controls. It also includes a few never before seen features enabling people to use publicly known open source mathematical calculations to ensure that the Bitcoin can only be spent once. A finite number of Bitcoins will be created, and the probability of generating them decreases as new users join the system. These are the key tenets of the Bitcoin system.
Greg Mannarino says, “A new monetary system is already in the works.” He says central banks will continue to print money to keep an insolvent system afloat. Mannarino says it will be on “. . . an epic scale. . . .We’re going to see inflation that people are not going to believe.” He thinks many “too big to fail banks” will fail, but not all will go under. Mannarino says, “I believe there is going to be a consolidation of power just like there was after the crash of 2008.” Greg Mannarino is a former Bear Stearns floor trader who recently released a new book titled “The Politics of Money.” He’s a fan of anything tangible, and that includes physical gold and silver. For anyone who does not hold physical assets, Mannarino says,“People are going to be slaughtered who are not ready for this.” Join Greg Hunter as he goes One-on-One with Greg Mannarino.
We have arrived at a point in our nation’s history that will define how our future will unfold. There are now only two Roads left to take:
The First Road continues our relentless pursuits of power, control and manipulation that can only spell destruction in our future: destruction of our liberties, destruction of our prosperity and destruction of our moral compass. For too long our controllers have lied, cheated and stolen their way to the top only to discover that We The People have been left behind in the process.
The Second Road completely destroys the global fiat monetary system erasing all forms of false wealth, false power and false governance. It is truly a Creative Destruction Event that has never been witnessed in the history of mankind. All paper and electronic forms of wealth will evaporate in the blink of an eye completely leveling the playing field in order to rebuild our monetary structures from the ground up. It is a lesson to be learned the hard way but it is a necessary lesson in order to create a new future for our country. A future built on hard work, complete honesty and good will towards others. Down this Road our Founding Father’s ideals patiently await our return…
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”
Here’s a succinct summary of my latest post for those of you new to the Silver manipulation situation. These 3 questions and answers summarize what is happening in the silver market…
ANSWER: YES. Everyday and every trade the silver market is “controlled” and has been for at least the last 40 years. NOBODY knows the true Fair Market Value of silver anymore so all prices for silver are currently irrelevant.
ANSWER: The silver market rigging is accomplished by running computer market trading programs to “steer” the price of silver up and down flushing out weak hands on the price slams and covering short positions that were previously put in place to cap the rising price. These silver “trades” have little to do with physical silver but everything to do with paper derivatives of silver. There is no floor or limit to where “the controllers” can place the price of silver.
It has come to my attention time and time again that lightworkers or people who are on their soul journey seem to be poor. They seem to have a lot of problems attracting money into their lives.
Obviously it’s not everybody who is like this but it has been quite a strong pattern among healers, psychics, and even ascension workers. I’m not going to go into why this is, because basically, that’s not important. However, I do want to point out that you will have to work through your own personal blocks that are creating this particular problem in your life and the exercise that we are going to do later is going to allow you to identify what your particular problem is and fix it, heal it. After you learn this exercise you really need to do it once or twice a day, preferably after you’ve done your meditation
The most important thing about money that you need to understand is that it’s an energy being, it’s alive.
Think of it like an Elemental, a very powerful, very important Elemental.
I would go on to say that it’s probably the most important Elemental in your life today. That’s because of the nature of the world we’re living in. Especially if you’re living in a Western country, where you need to have money to survive.
Money allows you to do the most basic things, such as drinking fresh water, having somewhere to live, having clothes on your body, being able to express yourself creatively. Eating every day. The most basic things in life come through with your exchange of money, therefore it is extremely important.
Another aspect of money I would like you to understand is that money is not evil. Some people will use money in a negative way, but money itself has nothing negative about it. Once you identify and you contact the energy of money, you’ll see it for yourself. There is absolutely nothing negative about money. It’s all-inclusive, it’s creative, it’s nurturing. It’s warm, it’s beautiful. And I want you to be able to experience this.
For this exercise you’re going to need some money to hold. Notes are better than coins but if you don’t have any at the moment, the coin will do. But next time, try to have a note, and the bigger the note the better.
Hello again!!! Hello to Everyone here and boy do I feel you. Thank-you so much for your helpful reply’s to my last comment/question. I do have more questions and would like your guidance again, please.
It seems that many of us lightworkers/starseeds/wayshowers etc., have been moved around, suffered all these symptoms and wondered if we were going crazy, have been alienated by those still asleep and overall have felt that we do not belong anywhere and have no idea how to proceed into the future (the last two resonates strongly with me–I do not want to speak for others) , yet HERE WE ARE trying to figure it all out. With all that going on in our lives, for some us now going on 20 years, it seems that most of us have another issue to deal with and no one really talks about it, so I am going to ask you to please enlighten me/us on the topic of financially struggling just to survive. I read a lot of sites and those asking this question, rarely get an answer of any substance.
I mean really on top of everything we are going thru, with barely enough energy to put a sentence together, (again my issue). It has been just baffling to me that no matter how hard I work, no matter how hard I try, no matter how much I meditate on it and ask for guidance by my higher self and my spirit guides–I cannot break free from it–in fact it just gets worse and the hits just keep on coming and like I have indicated, it seems that the majority of us aware of and/or working on ascension are going thru this. Please tell me/us why? I am doing something wrong?
I take responsibility for my beliefs, mainly that our planet’s money structure is designed to fail due to greed and power issues and mostly because the Dark Ones just print money to keep control of us. Zeitgeist and all that. I am just tired of it and I really would like a detailed answer to why we must continue to financially struggle. I am exhausted, like many of us here and I don’t know how much more I can take. Thanks for listening. Take Care, Love, Peace & Light to all,
This was a Comment written by Valerie about a month ago or so. Sorry it’s taken me so long to respond to this Valerie.
The $$$ money and ascension business… Those of us who’ve been living–transmuting and embodying–the Ascension Process the longest are the ones who’ve had the hardest time being able to earn money to survive each month. It’s nearly impossible to go through the many ascension symptoms and maintain you’re old ways, habits, awareness, ego, level of consciousness, ability to talk, think, write and actually make sense, not to mention hold down a job and act like you’re NOT living the Ascension Process! Just with the mind/intellect and ego dismantling that the Ascension Process naturally causes makes it nearly impossible to remember your name or what year or decade it is, so how in the hell is one supposed to go to work every day and earn money during all this? It seems a cruel and unusual punishment doesn’t it?
[Bix Weir] *The following interview was conducted in a similar manner as was conducted in the best selling book series “Conversations With God” by Neale Donald Walsch. Although I do not possess the same intimate knowledge of spirituality as Mr. Walsch, my 10 year journey following precious metal markets has connected me to some very powerful spiritual monetary beings…and they have something to say. So let’s begin.
Me: Is anybody there?
God: Yes, I am here.
Me: Hi God! How do I do this? I read the books but I don’t want to sound like I’m anyone special because I can talk to God.
God: But you are special…we all are. You just ask your questions and the answers will be provided by your thoughts. Don’t stop to edit your thoughts. Just trust your answers and we will both provide the answers we need.
Me: Ok. I’ll start with an easy one. Are gold and silver markets manipulated?
God: Of course they are… Duh!
Me: Wait, is God supposed to say duh?
God: Don’t waste my time. What’s your next question?
Me: Who is doing it and why?
God: There are many groups of people who manipulate all markets and they all have different reasons. Some are driven by money, some by power but the largest group is driven by fear.
Me: Fear?! These people control the world…what could they be afraid of.
God: They are afraid of you and people like you. They are afraid they will be found out and the world as they know it will come crashing down. They are afraid that the people of the world will begin to understand the fiat money fraud and will be angry.
Me: Well don’t the ones with the money, the rich and powerful, make the rules? Why would this ever end?
God: The “rich and the powerful” are only rich with their monetary illusion. Without fiat currency they are not rich and their power crumbles. The rules will be changed very soon.
Me: How soon? I thought this would be over years ago. What will stop them from running this scam FOREVER?
God: You are stopping them…and people like you. There is also a group of people who have been working on taking these people down much longer than most know. They have been hoarding physical gold for many years and are preparing to go on a gold standard. They have been VERY secretive but they are ready to end the fiat money system.
God: They will pull the plug very soon…
Me: Who are these people?
God: They are mostly very patriotic Americans but also others around the world including a very powerful group within China.