THE MISSING CANADIAN GOLD RESERVES

July 1st, 2009

July 2, 2009
Steve Collins

An alert reader sent me this link which I am passing on to all readers. As the global financial world still teeters on the brink, a story like this takes on increased significance. An audit confirms that the Royal Canadian Mint has “lost” 17,500 ounces of its closely-guarded gold. There are two possibilities. Either the gold was stolen in what would almost have to be an “inside” official theft or the gold was never there in the first place. Both options are ominous.

If the first option is true, then it means that global governments, central banks and major financial entities are getting so desperate to get their hands on physical gold that they will steal it if necessary from other closely-guarded facilities. This could indicate that gold may be destined to back a new global basket of currencies to restore faith in global monetary units when/if the US dollar falls precipitously or that so many “long” positions are demanding delivery of physical gold on the COMEX that officials must literally “beg, borrow or steal” physical gold to satisfy those contracts because the official gold exchanges lack sufficient unencumbered gold stocks to honor those futures contracts. Reportedly, the physical demand situation is even more tight in the COMEX silver market. You can read a variety of columns and articles about the “official” efforts to suppress the gold and silver prices at www.financialsense.com in order to keep the weakening fiat currencies from losing credibility and value on world markets.

If the second option is true, is means that the Royal Canadian Mint may not be the only “official” gold-storage facility that has been overstating its gold holdings. If Central Banks, national treasuries, exchange-traded ETFs and others are overstating their inventories of physical gold and silver (as has been alleged in columns and articles at www.financialsense.com and other related sites), then the amount of physical gold and silver backing the myriads of paper certificates of gold and silver “ownership” may not actually be there in sufficient quantities to back the paper investors’ expectations of ownership. If that is the case, a major scandal looms which will rival the Bernie Madoff ponzi-scheme fraud.

I wonder how long its has been since the comatose US Congress has done a forensic audit of the gold supposedly stored at Ft. Knox. The audit would need to determine that the physical gold there actually belongs “free and clear” to the USA and has not been sold or leased to other parties and is not merely being “stored” at Ft. Knox till those other nations or foreign investors demand delivery of ‘”their” gold. Also, the New York Federal Reserve Board stores a very large quantity of gold. It apparently has never been audited by Congress. Such an audit is long overdue an its time may be coming. The second link reports that 245 members of the US House of Representatives have signed on as co-sponsors of Rep. Ron Paul’s bill to do a “full fledged audit” of the Federal Reserve System. Rep. Paul used to be considered a gadfly in Congress, but the link reports that the House GOP leadership has now openly endorsed Rep. Paul’s bill. Ron Paul’s ideas are now “going mainstream” in the Congress. Maybe Congress is getting weary of being treated like gullible puppets by the Federal Reserve Board.

The Federal Reserve Board is a key linchpin in the end-time global political-financial system of Babylon the Great which is prophesied to collapse at some point in the latter days (Revelation 17-18). The above events are “leading indicators” that such a collapse is heading toward a fulfillment in some future year of God’s choosing. We don’t know when it will occur, but God’s will…”will be done.” Its only a matter of time. I sincerely hope that readers of this blog are making reasonable preparations for their personal and financial needs during the chaos that will ensue when that collapse occurs.

http://www.google.com/hostednews/afp/article/ALeqM5jEM5f9S6blr3FHmLzI_HeajHcTJw

http://www.foxnews.com/politics/2009/06/24/mr-popular-rep-paul-wins-supporters-fed-sunshine/

“MAKING A MONKEY OF DARWIN”

July 1st, 2009

July 1, 2009
Steve Collins

As readers know, evolution has been force-fed to the last couple generations of America even though there is no proof for the theory and it “can’t happen” based on the scientific laws of the Universe. Pat Buchanan has released a new column which puts another coffin nail in the casket in which evolution should be buried. The title of this blog is the title of Pat Buchanan’s latest article (the link below came from the Drudge Report site).

Buchanan cites a suppressed quote by Thomas Huxley, an early supporter of evolution. His quote, which comments on the chicanery that exists in the scientific world is: “You have no notion of the intrigue that goes on in this blessed world of science. Science is, I fear, no purer than any other region of human activity.” Buchanan notes how both Karl Marx and Adolf Hitler adopted and applied the theory of evolution to their diabolical ends.  If there is no Creator God who will judge evil, then men are free to do any amount of evil they think they can implement. Karl Marx and Adolf Hitler’s godless concepts led to genocides on a mass scale. If evolution’s theorized “god” of natural selection reigns supreme, then “the strong” have a right, if not a duty, to oppress and eliminate “the weak.” However, the Bible reveals that every “strong” person will ultimately be judged by God on how well they helped and supported those who are weaker (Romans 15:1).

Buchanan endorses a new book which exposes the fallacy of evolution (details in the link below). Buchanan also exposes the fact that the famous “Scopes Trial” movie entitled “Inherit the Wind” was a hoax. The movie mocked creationism, but it is called a “hoked-up scam” in Buchanan’s article. He notes that “Scopes never taught evolution and never took the stand [and] his students were tutored to commit perjury.” In other words, the evolutionists re-wrote history to present a lie they favored instead of the truth which they hated. The falsification of science and the suppression of truth has been going on for a very long time. In I Timothy 6:20, Paul wrote about “vain babblings and the oppositions of science falsely so called.” That sounds much like the deceits that Thomas Huxley admitted in the “scientific” presentation of evolution. Buchanan cited another evolutionist as admitting that Darwinism was a “kind of old-time religion on our part.” Buchanan sums up his article by writing: “Darwinism is not science. It is faith. Always was.”

I recommend that you read Buchanan’s article in the link below. It should be mandatory reading in all school and college science classes. It won’t be done, of course. As Paul observed in Romans 1:18-26, there are corrupt people who “hold back the truth in unrighteousness” and reject God even though his reality is “clearly seen.” Paul could be writing today about evolution when he wrote that these false teachers “profess themselves to be wise [but] become fools” as they “worship the creatures” that God has made even as they deny the Creator God who painstakingly and marvelously designed all those creatures. Evolutionists have “changed the truth of God into a lie” (verse 25). In the next life, they will experience the reality of Hebrews 10:31: that “it is a fearful [marginal reference: “terrible”] thing to fall into the hands of then Living God.” Evolutionists are running out of time to repent before this fate becomes their reality.

http://www.humanevents.com/article.php?id=32510

CHINA CALLS AGAIN TO REPLACE US DOLLAR AS RESERVE CURRENCY

July 1st, 2009

June 28, 2009
Steve Collins

Previous blogs have commented on the growing pressure against the US dollar being exerted by other nations who are increasingly disgusted with the reckless management of the US federal budget and the US currency. Since the US dollar is the global reserve currency, mismanaging the US economy and currency affect all other nations. Russia and China have been in the lead in urging that the world adopt a new currency unit to replace the US dollar, but they have hardly been alone. Rumors of a gold-backed currency being started by the Arab/Gulf Coast nations have been floating for some time, and even Germany’s Prime Minister publicly recently slammed the US Federal Reserve Board’s policies. It is ominous that leading nations in both the Western and Eastern Blocs are finding common interest in rebelling against the US dollars’ global hegemony.

This international desire to “dump the dollar” as the global reserve currency is growing. With each new massive bail-out of well-connected “crony capitalists” on Wall Street, the Obama administration and Congress are hastening the day when the dollar will fall from its global pinnacle. China is not kidding. China is also the holder of so much US debt that it alone has the power to move many nations to assist it in a global “dump” of the dollar. Indeed, it is already doing so in a low-key manner. It has already negotiated bilateral agreements with Argentina, Brazil, Malaysia and who-knows-how-many other nations to bypass the US dollar in global trade deals and use Chinese currency arrangements.

This blog is intended to inform readers that China has issued another public call for the replacement of the US dollar. The link below (from Bloomberg News) reports that the Chinese Central Bank has issued another call for “a new global currency,” and called for the International Monetary Fund to “manage” more foreign exchange reserves which are currently managed by individual nations (such as the USA). In calling for what is, in effect, an IMF receivership of the USA’s finances, China is cleverly avoiding (for now) a direct attack on the US currency unit, but it is attack nonetheless. The Chinese statement openly states the US dollar “should depreciate,” but the dollar’s role as the global reserve currency keeps that from happening. China is clearly looking for a way to de-throne the US dollar as the global reserve currency so the US dollar will depreciate and the financial influence and military power of the USA in the entire world will be diminished. The link below notes that In a recent statement, Russia, China, Brazil and India all called for action to “reduce dependency on the greenback.”

We do not know how long it will be until the US dollar experiences such a major crisis on global markets that the nations are forced to develop a global alternative to the US dollar. Revelation 17: 9-18 prophesy that a powerful group of 17 entities (”seven heads and 10 horns”) will overthrow the global system of world finance dominated by the US dollar–the currency of “Babylon the Great’s” global system of crony capitalism which enriches the multinational companies and the complicit political leadership of various nations (Revelation 18:3). The 17 entities which will eventually topple the current system could be nations, central banks, sovereign wealth funds, etc. We will have to wait to see who they are, but this will come to pass. The above blog names some of the nations which have a joint interest in reigning in the reckless policies now shaping the US federal budget, central bank and currency due to the damage these policies are causing all nations. As the article below notes, China has vast foreign currency reserves and it can implement major changes in the global financial markets when it decides to do so. When China has gathered enough nations to support it in imposing global “change” in world currency and financial markets, it will “pull the trigger” on the US dollar. Will it happen in months? In years? I don’t know. However, Revelation 17-18 prophesy it will happen, so this event will occur when the Creator who guides the destinies of the nations decides his prophetic timetable calls for the event to occur. China is clearly making arrangements with other nations to join it in de-throning the US dollar. It is openly calling for such an outcome. It is now only a matter of time till this happens. The American people will be shocked because the establishment media won’t warn them about this growing danger. There will no reason why readers of this blog should be surprised when it happens.


http://www.bloomberg.com/apps/news?pid=20601080&sid=atQgG1C5Ielw

EYES, GENDER DIFFERENCES AND THE UTTER FOLLY OF EVOLUTION

July 1st, 2009

June 25, 2009
Steve Collins
 
 
The link below was sent by reader Winston from Florida. It is a short link, but has an astounding revelation about the sensitivity of the human eye. It states that “The range of the eye’s sensitivity is also a million times greater than our modern photographic film (Emphasis added).”  Consider this statement. The human eye is a million more time sensitive than camera film, so the human eye is a vastly greater example of intelligent engineering than modern camera film. Yet would anyone assert that modern camera film just spontaneously “evolved” in a lab somewhere without any human design or engineering work? Anyone who asserted such a thing would be regarded as raving fool. Yet the world looks at the human eye, an instrument vastly more complex than camera film, and blithely dismisses it as something “which evolved” by accident. What nonsense! This just one aspect of the human eye. The complex design of the retina, the lens, etc. aren’t even discussed in this link.
 
The eye is just one small part of the human body. There are miracles in every bodily system. How did the stomach come into existence with the ability to use acid to digest food but not itself? How did the brain come into existence with the extremely complex but efficient design to store memories and transmit signals to the body via the nervous system? How did the inner ear come into existence with a sophisticated mechanism for maintaining balance in the body? How did the heart come into existence with the ability to pump blood for many decades without tiring while all other muscles in the body can tire? There are so many examples that one could list which disprove any possibility of evolution, but the capstone is that ALL these complex human systems had to come into existence at the same time and in the same place for any human life to exist. That is simple logic! However, even that simple logic is far beyond the grasp of evolution’s advocates. The only logical explanation is that a Creator God designed every aspect of the human body and brought it into existence at one single time. Genesis 1:27 and 2:7 are the only explanations that make sense. That brings us to the subject of gender.
 
Genesis 1 records that each day during Creation Week that God made animals, fish, birds, insects, etc., he made them to reproduce after their own kind. He made males and females in each Genesis “kind” for this to happen. God did the same thing with mankind–he made a male and female human being (Genesis 1:27) so mankind could also reproduce. Does evolution have any explanation for the existence of gender? No. If each species evolved, here is what had to happen. A male and a female of each species had to accidentally evolve themselves into existence as functioning beings, but each gender had to accidentally evolve a different reproductive system which was perfectly designed to interact with the opposite gender of that species without any prior contact with its counterpart. There is more craziness to evolutionary theory. A male and a female of each species had to come into existence at exactly the same spot on earth or they would never reproduce because they would never meet to be able to reproduce. Furthermore, they would have to come into existence at exactly the same time during the last several billion years of the earth’s existence. The odds of this happening for a single species would likely fill a set of books the size of an encyclopedia with zeros in terms of the laws of probability. The chances that this would accidentally happen for all the myriads of species on earth would likely fill the earth with books filled with zeros against this ever happening according to the laws of scientific probability. Indeed, the older the earth is according to scientific estimates, the more unthinkably impossible are the odds against evolution. That is because the odds of a even a single species ever coming into existence (due to a male and female of a same species having to evolve into existence at the same time by accident) increase exponentially the older the earth is!
 
Evolution is laughably foolish. David rightly wrote in Psalm 14:1: “The fool has said in his heart, there is no God.” There is no question that many evolutionary teachers are highly educated people. If David were resurrected today, I think he’d observe that there sure are a lot of “highly educated” fools in the modern world.  
 
 
 
 
http://www.creationmoments.com/radio/transcript.php?t=2295
 
 

What tribe are the people who immigrated to America from Lower Saxony in Germany in the 1700’s?

July 1st, 2009

Steve

What tribe are the people who immigrated to America from Lower
Saxony in Germany in the 1700’s?

Michael

MYREPLY
 
 
Dear Michael,
 
Those German immigrants were most likely from the tribe of Manasseh, in my viewpoint. The tribe of Manasseh went into exile in two distinct halves. The half-tribe living east of the Jordan River in Gilead went captive a number of years before Samaria was besieged and taken (II Kings 15:29). The half-tribe of Manasseh living west of the Jordan River is never mentioned in the Bible as having gone into an Assyrian captivity even though it was clearly gone from the land at a later date (II Kings 17:18). My books cite both secular and biblical evidence in concluding that many of the Israelites went into exile voluntarily to escape the last Assyrian invasion. II Esdras 13:40-45 states that many Israelite escaped the Assyrian invasion and went to a far-distant land to make a new start. Daniel 9:7 acknowledges that the tribes of Israel scattered into many different nations; they did not all go into one location. Daniel states that some were in Persia where Daniel lived (the Israelites who did go into captivity) but others were living in locations far from Persia (the Israelites who went elsewhere to escape captivity).
 
My books present evidence that each half of the tribes of Manasseh took separate migration paths into Europe. One half went with the Ephraimites into the British Isles and the other half remained on mainland Europe in Germany. The name of Isaac (”Saxon” or “Saxony” in Latin usage) was placed both in the British Isles and Germany. When the USA was first founded, many immigrants came to the USA from either the British Isles or Germany (some of my own ancestors came to America in the 1700s from the city of Kassel in the German State of Hesse). It is my belief that God reunited the two halves of Manasseh by inspiring them to migrate to the American colonies, fulfilling the prophecy in Genesis 48:19 that Manasseh would become a single great people or nation (the USA) in the latter days while Ephraim would become a multitude or company of nations (i.e. the British Commonwealth of nations).
 
Steve

A Math Problem

July 1st, 2009

Steve,

Need some help with a math problem.—Jeff

“And at the end of three years they [Assyria] took it: [northern kingdom] even in the sixth year of Hezekiah, that is the ninth year of Hoshea king of Israel, Samaria was taken. And the king of Assyria did carry away Israel unto Assyria, and put them in Halah and in Habor by the river of Gozan, and in the cities of the Medes:” II Kings 18:10.

Wikipedia says that Hoshea, king of Israel, reign ended in 721 BC, the date of the 3rd. and most devastating invasion by the Assyrians. II Kings 18:10 say this was the “sixth year” of Hezekiah, king of Judah, reign. If Hezekiah came to the throne in 715 BC, subtract 6 years, that’s 709 BC when Assyria invaded the northern kingdom, not 721 BC. What am I missing here?   

His reign has been dated from 715 – 687 BC or 716 – 687 BC.[1] Under either of these chronologies, Hezekiah witnessed the forced resettlement of the northern Kingdom of Israel by Sargon’s Assyrians in c. 720 BC and ruled the southern Kingdom of Judah during the invasion and siege of Jerusalem by Sennacherib in 701 BC.—Wikipedia

Hoshea (Hebrew: ???? “salvation”) was the last king of Israel and son of Elah. William F. Albright has dated his reign to 732 BC – 721 BC, while E. R. Thiele offers the dates 732 BC – 723 BC.[1]—Wikipedia.

 
Jeff

MYREPLY

Dear Jeff,
 
Wikipedia’s assertion that the last invasion was the most destructive is based on an assumption that all the remaining Israelites put up a fight and all went into captivity. The Bible does not support that assumption. II Kings 17:5 says the Assyrians went “throughout all the land of Israel” but there is no biblical record of battles, any Israelite tribes taken into captivity or that any Israelite cities other than Samaria were either inhabited or besieged in the last invasion. There is no indication that the last Assyrian found any Israelites present anywhere in the land except at Samaria. My books make the case that the remaining Israelites had already left voluntarily for other locations to avoid the last Assyrian invasion as they knew it was a lost cause to stay. If you wish to check out the secular and biblical evidence supporting that view, my books can be ordered at www.bibleblessings.net.
 
Since there are so many different opinions on the datings of the various Israelite and Judahite dynasties, I suggest that you address that question to my friend, Yair Davidy, whose website is www.britam.org. I believe he’ll give you the best information on the king lists of the Israelite kingdoms.
 
 
Steve

FOLLOW-UP TO THE SMUGGLED $134 BILLION OF US BONDS

July 1st, 2009

June 22, 2009
Steve Collins
 
A previous blog concerned the bizarre case of two supposedly-Japanese businessmen caught smuggling $134 Billion in US bonds on their way from Italy to Switzerland. This blog will add some new information to this story. Interestingly, the major American media is still censoring this important story from their news reports and websites. That alone speaks volumes.
 
The single link below is from the Glenn Beck program on FOX News. I happened to hear this segment on my car radio and located the internet link to a transcript of it for readers to consider. Glenn Beck interviewed a financial analyst and it is surprising how little about this unprecedented smuggling act can be truly pinned down as factual. Were the bonds valid or counterfeit? We still don’t know for sure. As the transcript points out, US Government agencies are surprisingly silent in giving out any firm information to the public. Indeed, one division of the US Treasury Department is cited as saying the bonds are fake while another division of the same US Treasury Department can’t say for sure. Also, it is still not clear whether the “two Japanese businessmen” were really Japanese or whether they have been released or are still in custody. How could they possibly be released if they are involved in the largest counterfeiting case in history? One US Agency is cited as identifying the bonds as fake based “on internet photos.” What? The responsible US authorities haven’t even bothered to look in person yet at a disputed and smuggled $134 Billion in US Bonds?  This is bizarre. We’re dealing with enough smuggled bonds to greatly manipulate the US Bond market and US dollar if they were real (or traded on the market as if they were real by a complicit agent inside the secretive Swiss banking system.
 
I’d like to point out an important part of the transcript which can easily be overlooked. There is a brief exchange about whether the US Government could be “double-dealing” its US Treasury Debt by issuing more debt secretly than is admitted publicly. That may be the worst-case scenario: That the US Government is so hopelessly in debt that it is issuing “private placements” of US Bonds to foreign nations, banks or sovereign wealth funds without bothering to tell the Congress, the American people or the financial markets. Last year when Congress foolishly gave unchecked authority to the US Treasury Secretary re: financial matters, the members of Congress reportedly didn’t even have time to read the entire bill!  Maybe they ought to read the fine print in that bill and see how much secret “money-creation” powers they gave away to the Fed and the US Treasury. A previous blog noted that German Prime Minister Angela Merkel openly criticized the US Federal Reserve Board in a very public manner. That is also very unusual. Maybe she knows more of what is going on behind the scenes than she can dare say publicly.
 
The longer the US Government and media hide this huge story, the more sinister the whole affair looks and the less credible will be their tardy explanations. If they continue to ignore this story, then there must be something really big to hide.
 
Revelation 17-18 prophesies that “Babylon the Great,” the global and interlocking political/economic/financial/commercial system of the latter-day world, will spectacularly collapse. It will be dealt a death blow by “seven heads and ten horns” who will “eat her flesh and burn her with fire.” (Rev. 17:9-16). Rev. 17:17 adds that when the time for Babylon the Great’s fall comes on God’s timetable, it will be God himself who will “put in the hearts” of the seven heads and ten horns to overthrow the world economic system. Various financial contracts refer to “acts of God” in their exclusions and limitations. At some juncture in the future, a real “act of God” will result in Divine action to ensure that those rebelling against the global system of world finance will succeed in their efforts. Since the current system of global finance is based on US dollars, this event is likely to be very painful for the US Government and for American citizens.
 
We don’t yet know for sure what nations will be involved in collapsing Babylon the Great’s system, but this very bizarre (and unexplained) seizure of $134 Billion in questionable US Bonds on their way into Switzerland’s secretive banking system confirms some very deadly games are already being played behind the scenes in the field of global geopolitics and world finance. I urge you to read the transcript from the Glenn Beck program in the link below for more in-depth revelations about this critically-important matter being covered up by the establishment American media.
 
 
 
 
http://www.glennbeck.com/content/articles/article/196/27034/
 

CONGRESS SUBPOENAS THE FEDERAL RESERVE BOARD

June 26th, 2009

June 13, 2009
Steve Collins
 
A very important event has happened which has been overlooked by the mainstream media. The first link details this event which hardly anyone thought could ever happen! It reports that the US Congress has issued a subpoena to the Federal Reserve Board for documents as part of a Congressional Committee’s investigation to determine the role played by the Federal Reserve Board in “Bank of America’s acquisition of Merrill Lynch.” This report indicates that the Fed has been taking actions in excess of what is permitted under its charter from the US Congress, and that the reaction of Congress is “perilous for the Fed to ignore.” 
 
The second link gives more information about the specific Fed actions that the Congress is investigating. This report reveals that the Fed “allegedly pushed for troubling information to be withheld from Bank of America Corp. shareholders about the takeover of Merrill Lynch,” and it also reports that it was Fed Chairman Bernanke and former Treasury Dept. Secretary Paulson who “told” the Bank of America CEO to withhold key information from Bank of America’s shareholders. It further reveals that the Office of Thrift Supervision (OTS), supervised by the US Treasury Dept., allowed the backdating of key financial reports to mislead investors in the IndyMac Bank failure case (a key OTS officials was fired as a result). The article makes the point that there is a need for a strong Securities and Exchange Commission (SEC) to prevent financial crimes and misdeeds. However, wasn’t it the SEC that went out of its way to “do nothing” for many years even though an accountant “gift wrapped” evidence to the SEC that Bernie Madoff, the former head of the NASDAQ Stock Exchange, was running a vast ponzi scheme (CBS’ “60 Minutes” program did a story on this). Given that the SEC seemed more interested in covering up for Mr. Madoff than protecting investors, it doesn’t seem likely the SEC can be trusted to protect investors in the modern era.  The report also openly states “Bank regulators…aren’t there to watch out for investors.” Of course not! Bank regulators watch out for the banks and money-lenders.
 
The Central Banks and the Big Banks of global commerce are a key part of the biblically-prophesied “Babylon the Great system” which would exist at the end of our age. This system, foretold in Revelation 18:3 to be an incestuous alliance of global multinational companies (”merchants of the earth”) and political leaders and regulators (the “kings of the earth”) who would collude to enrich their own pockets at the expense of everyone else, is prophesied in Revelation 17:9-18 and Revelation 18 to collapse near the end of this age. The media has reported that the entire system of global finance almost collapsed in September, 2008. That was merely a foreshock of the collapse which will eventually occur, even though we do not know when that will happen. Those who do not realize that the modern banking system was invented in ancient Babylon are invited to see the readily-available evidence for that assertion in my article What Kind of Captivity?, available at the articles menu of this website. After reading that article, you will understand why Revelation 17-18 refer to the modern system of global finance as “Babylon the Great.”
 
Amazingly, Fed Chairman Bernanke bluntly refused to tell Congress in a recent Congressional Hearing what the Fed is doing with the massive “bail-out” monies. This story is in the third link which includes various comments by Washington power-brokers over the years who have referred to the insiders of what Bible calls the Babylon the Great system. The fourth link includes a blog comment by one respected financial analyst that the Fed would have to be shut down if it were to be audited via its own standards. Amazingly, a Congressional audit of the Federal Reserve Board might actually happen. The fifth link reports that Congressman Ron Paul’s bill to audit the Fed now has 223 co-sponsors, a majority of the US House of Representatives! If the Fed is ever audited by Congress, I would not be surprised if all the paper shredders at the Fed overheated from usage just prior to the beginning of that audit! The sixth link, cited in a recent blog but worth repeating, documents German Prime Minister Angela Merkel’s blunt and open criticism of the US Federal Reserve Board’s policies in the global media.
 
The US Congress, the German Prime Minister and other world nations and financiers are getting increasingly upset with the shadowy and little-understood Federal Reserve Board. The Fed is not even a US government agency It is a private bank with a federal charter to regulate the US money supply. Fed Chairman Bernanke’s arrogant “no” answer to a Congressional request for information about the supersecret activities of the Fed has led to a Congressional subpoena and may lead to a Congressional audit of the Fed. Bernanke may come to rue the day he arrogantly mocked the US Congress as if he were a monarch speaking to his mere subjects. The numerous congressional co-sponsors of the bill to audit the Fed indicate many in Congress are now convinced the Fed has something to hide. Proverbs 16:18 states: “Pride goes before a destruction and a haughty spirit before a fall.” Fed Chairman Bernanke’s one-word answer (”No”) to Congress displayed much pride and haughtiness toward Congress. Revelation 17-18 prophesies that Babylon the Great’s system (epitomized by the Fed and the world’s big banks) will, indeed, “fall” in the latter days. Even the comics are joining in mocking of the arrogant attitude of the big banks (moneylenders). The final link is recent Doonesbury comic strip mocking the moneylenders.
 
The Fed should not forget that Congress created the Fed and the Congress can dissolve the Fed whenever it desires to do so by withdrawing its federal charter. If Bernanke and the Fed continue to aggravate and defy Congress, this could happen. If the economy really “tanks,” Congress will be looking for someone to blame for the damage…and Bernanke and the Fed have made Congress angry.
 
Judges 16:23-31 tells the story of Samson pulling down the temple of Dagon by pushing on (and toppling) the pillars that supported the Temple’s superstructure. The “Money Temple” of the Fed has pillars that support its superstructure. Ron Paul and a majority of the US House of Representatives are now starting to push on one of the Fed’s pillars (the Fed’s power within the USA). German Prime Minister Merkel is pushing on the other pillar (the Fed’s credibility in the world). No doubt, the Fed has made other powerful enemies around the world. Revelation 17:9-16 prophesy that 17 nations (or powerful global entities of some kind) will join forces to topple the power of Babylon the Great’s global money system in the latter days. Recent events indicate that the pressure is starting to increase on the pillars holding up the Federal Reserve Board and Babylon the Great’s global system. Its collapse will be spectacular when it occurs. Read for yourself the intensity of the language in Revelation 17:16 which describes this eventual fall. It will get very ugly! For more specific details about the collapse of Babylon the Great’s system in the future, you are urged to read my article, Is Babylon the Great about to Fall…Ushering in a Global Beast System?, available at this website.
 
We are living in historic times!
 
 
 
 
http://www.financialsense.com/fsu/editorials/merk/2009/0611.html
 
http://www.bloomberg.com/apps/news?pid=20601110&sid=ajBVyXImTPLI
 
http://georgewashington2.blogspot.com/2009/03/with-one-word-bernanke-reveals-who.html
 
http://zerohedge.blogspot.com/2009/06/jim-grant-fed-would-be-shut-down-if-it.html
 
http://www.ronpaul.com/
 
http://online.wsj.com/article/SB124398546796379239.html
 
http://www.gocomics.com/doonesbury/2009/05/31/

THE MYSTERIOUS $134 BILLION US BOND SMUGGLING CASE

June 20th, 2009

June 19, 2009
Steve Collins
 
A very important and mysterious event has occurred in Europe. However, the establishment American press has all but “blacked-out” any coverage of this extremely sensitive issue. Two men in business suits, reported to be Japanese, were caught by Italian police as they tried to smuggle $134,000,000,000 in US bonds into Switzerland. This amount boggles the mind! As the first link notes, these two persons were carrying in a briefcase the “gross domestic product of New Zealand or enough for three Beijing Olympics.” This event should have been the lead story on all TV news coverage everywhere in the world. As the links below document, only a handful of nations even have that amount of US Treasury bonds in their entire national reserves.
 
The immediate question is “Are these seized bonds real or counterfeit?” The consequences are very ominous regardless of the answer. If they are real bonds, then it means that some nations are so desperate to get rid of their US bonds before they lose their worth that they are resorting to extraordinary measures to dump them on the world markets. If these were real bonds, the fact that they were being smuggled into Switzerland would be an important factor. Swiss banking secrecy is legendary, and someone might have wanted to either (A) dump them anonymously into the world market as gradually as they could or (B) they were to be suddenly dumped on the world financial markets in an attempt to destroy the US bond or dollar markets. If these bonds were real, this event would confirm that there is an underlying panic in the US Treasury bond market that is being “hushed up” by both governments and media. It would indicate that major holders of US Treasury bonds have lost so much confidence in US financial instruments that they are resorting to any means, legal or illegal, to dump US dollars.
 
However, if the bonds are real, the manner of their transportation into Switzerland is bizarre in the extreme. If a national government or Sovereign Wealth Fund was dumping so immense a size of US bonds, would they not have transported them into Switzerland via a secure diplomatic pouch which was not subject to inspection? As some of the links below note, two Japanese businessmen in suits on a train carrying Italian manual laborers into Switzerland would have made themselves very conspicuous indeed. It is as if they wanted to get caught (an option considered in the second link below). The fact that the two smugglers were sent in a manner certain to draw attention to themselves argues that this could even be a “false flag” operation.
 
If the bonds are counterfeit, it also offers only sinister explanations. Who would want to smuggle so vast an amount of counterfeit bonds into Switzerland? Surely, the Swiss banking authorities would be able to recognize counterfeit bonds. North Korea would be a prime suspect as they have reportedly been counterfeiting US $100 bills of such high quality that US authorities can scarcely distinguish them from real US currency. Given North Korea’s diplomatic and military tensions with the USA, South Korea and Japan, one could sense a motive for revenge on the part of North Korea. However, something doesn’t make sense with this explanation either. Because North Korea’s expertise is reportedly extremely sophisticated and skilled when it comes to counterfeiting US currency, it makes no sense that their counterfeiters would suddenly become sloppy in counterfeiting US bonds. On the other hand, the North Koreans would surely have considered using Japanese-looking agents to do this deed to deflect suspicion from themselves. But other nations who are angry at the USA, Wall Street and the US Central Bank (these are too numerous to list) could also want to make it look like the “Japanese did it” to hide the identity of the actual nation, central bank or financial entity that originated this bizarre plot. What is apparently the initial media report about this strange incident, from the Asia News, is also included for reader’s consideration.
 
The final link is from the only major US media outlet I’ve seen so far which has covered this major story. The Glenn Beck program, on FOX News, featured a discussion about this story with a financial analyst, and it showed a chart that only the Chinese, Japanese, British, Russians or Brazilians have this kind of money invested in US Bonds. Their discussion comments on the bizarre silence about this huge story from the US Government and the other US media, and that their can only be a bad explanation for this event regardless as to whether the bonds were real or fake.
 
The fact that the US Government and the establishment American media aren’t talking about this historic attempt to smuggle vast sums of real or counterfeit US bonds speaks volumes. There are no benign explanations for this attempt to either destroy the US T-Bond market and/or the US dollar or to push global financial markets into chaos if these bonds had been suddenly sold into the world market by a Swiss bank.
 
Previous blogs have noted that a global financial war of some kind will eventually topple the modern financial system known as “Babylon the Great” in Revelation 17-18. This bizarre story confirms that major forces are now at work to destroy or roil key global financial markets. The prophesied global financial war may already be occurring and this story is one symptom of that behind-the-scenes warfare.
 
 
 
 
http://www.bloomberg.com/apps/news?pid=20601039&sid=a62_boqkurbI
 
http://seekingalpha.com/article/143462-strange-inconsistencies-in-the-134-5-billion-bearer-bond-mystery
 
http://www.worldnetdaily.com/?pageId=101134
 
http://www.asianews.it/index.php?l=en&art=15456&size=A
 
http://www.englishforum.ch/swiss-politics-news/53690-suitcase-134-billion-confiscated-ch-border.html

THE IMPORTANT MONETARY CONFERENCE AT YEKATERINBURG, RUSSIA

June 20th, 2009
(THAT YOU WEREN’T TOLD ABOUT)

 
June 15, 2009
Steve Collins
 
If you are a reader of my blogs, you are aware of the growing economic crisis that will eventually lead to the collapse of the current  global financial/monetary system known as “Babylon the Great” in Revelation 17-18. A global monetary conference is now being held in Yekaterinburg, Russia at which many nations are planning how to transition from a US dollar-based global economic system to a new economic system which will bypass the US dollar. The first link below offers a somewhat lengthy report on this global monetary conference, but I urge that you read it so you will understand the financial earthquake that may unfold in the global markets in our future. The Russian-hosted Monetary Conference includes representatives from Russia, China, Kazakhstan, Tajikistan, Kyrgyzstan, Uzbekistan. All These nations are members of the Shanghai Cooperation Organization (SCO), a counterweight to NATO. Also attending this conference as observers are Iran, Pakistan, India and Mongolia (it must be important to get India and Pakistan together at the same conference!).
 
The above list of nations might surprise no one, but what is definitely a surprise is that the above group of nations will be joined by Brazil from the Western Hemisphere. As a prelude to what lies ahead in global finance, China has already quietly arranged to conduct its foreign trade with Brazil, Argentina and Malaysia in monetary currencies other than the US dollar. The USA (and other US allies) are being excluded from this (mostly) Asian monetary conference. However, many nations other than the ones listed above are deeply concerned about the recklessness of Wall Street and the “crony capitalism” of the USA and the UK which brought the entire world to the edge of a financial abyss in September, 2008. The bailouts of insider Wall Street “cronies” became very obvious under President George Bush and it has risen to even greater levels under President Obama. Previous blogs have noted that Germany’s Prime Minister, Angela Merkel, has openly criticized the US Federal Reserve Board’s policies. Since the entire world has been using the US dollar as its reserve currency, the recklessness of the US government and central bank is jeopardizing the well-being of all nations. I think we’d be surprised if we learned what other nations will be at this Russian monetary Conference (either represented in-person or via secure speaker phones). The growing global disgust with the “management” of the US dollar and all dollar-based markets is forcing even US allies to look for a new monetary unit which can be trusted.
 
What is notable is that this global monetary conference is being ignored by the establishment western media. “Censored” might even be a better word. While there are many blogs (with many “attitudes”) covering this conference, few establishment media are even mentioning this monetary conference. One establishment national media source which is discussing the monetary conference is India’s The Hindu  (see second link which reports on the demands that India and other nations are going to present to the USA and the western powers).
 
If the above nations someday issue a global declaration that they will no longer conduct any international trade in US dollars, the dollar’s age of global dominance will be over. These nations may even announce that the USA will need to use their currencies (or a new gold-backed or resource-backed monetary unit) in order to purchase goods from other nations. If such an ultimatum is issued to the USA, the American consumer will quickly learn that they have been living in a “La-La Land” of ignorance. President Obama might receive a rude awakening that his economic “handlers” haven’t told him all that has been happening in the world. The USA is the world’s biggest debtor nation. It may soon learn the reality of what happens when heavily-indebted people (or nations) have their creditors take charge of their future. The Yekaterinburg Conference may actually be a “creditors conference” to decide what to do with the deadbeat debtor that the USA has now become. Proverbs 22:7’s inexorable principle that debtors will serve creditors will eventually be enforced. If producer nations demand that the USA use currencies other then US dollars to buy their goods, the SCO might set a condition: As soon as the USA withdraws all its military forces from Afghanistan and Central Asia, the USA will be allowed to purchase a specific amount of foreign goods via US dollars. Or the USA might be told by China that unless the USA stays out of a Chinese effort to forcibly seize Taiwan, all US factories and assets in China will be nationalized by the Communist Chinese government to “compensate” China for the losses it will incur due to the devaluation of the US dollar on global markets. It could get really ugly.
 
It is noteworthy that all the nations attending this Russian-based monetary conference (India and Brazil are the possible exceptions) are also listed in Ezekiel 38 as the nations which will comprise the Russian-led “Gog-Magog” alliance that will eventually attack the USA and the western allies at the very end of our current age. I don’t think this alignment of nations is coincidental. God is guiding national destinies to eventually fulfill his prophecies.
 
The last link indicates just how “ugly” things might get in the future. It reports on the Baltic Dry Index, a shipping rate indictor re: cargo ships which is watched by few observers. This index reveals that China has gone on a buying rampage of raw commodities in recent months, causing the Baltic Dry Index to rise. The Chinese buying of commodities has been so prodigious that the link reports that storing the purchased raw commodities is now a problem. It adds that “90 large freighters” are sitting off Chinese ports simply holding raw iron ore reserves. This could mean several different things. It may mean that China is, like any shrewd investor, simply buying up vast quantities of commodities when the price for these commodities had declined dramatically. It may also simply indicate that China is trying to buy up “things” with its surplus of US dollars while the US dollars are still worth something on global markets.
 
However, it could also indicate that China has foreknowledge that a period of global currency instability is imminent, and China is amassing vast stores of commodities because it knows that a period of instability in all global financial markets could make such mass purchases very difficult. It may also fear the US Navy will be ordered to prevent commodity cargoes from reaching China in retaliation for what China intends to do in the monetary markets against the USA in the future at a time of its choosing. It may also mean that China is stockpiling all the commodities that will back a new monetary unit which is being planned by the Russian- and Chinese-led alliance of nations.
 
What will China, Russia and all those other nations attending the Yekaterinburg Monetary Conference decide to do and when will they decide to do it? Only those at the Russian-hosted conference now know. You, the masses in the western nations, will not be warned about what is coming. When a future global crisis occurs, you will someday be told by officials with somber expressions that it is a “surprise” to everyone. Baloney! Those same officials knew what was coming. They simply chose not to give their citizens any warning. However, there is no reason why readers of this blog should be surprised when these events unfold.
 
 
 
http://inthesenewtimes.com/2009/06/14/de-dollarization-dismantling-america%E2%80%99s-financial-military-empire-the-yekaterinburg-turning-point/
 
http://www.hindu.com/2009/06/16/stories/2009061655350900.htm
 
http://inthesenewtimes.com/2009/06/12/the-shipping-index-shows-most-stocks-are-heading-down/