• Categories

  • Archives

  • Join Bangladesh Army

    "Ever High Is My Head" Please click on the image

  • Join Bangladesh Navy

    "In War & Peace Invincible At Sea" Please click on the image

  • Join Bangladesh Air Force

    "The Sky of Bangladesh Will Be Kept Free" Please click on the image

  • Blog Stats

    • 315,721 hits
  • Get Email Updates

  • Like Our Facebook Page

  • Visitors Location

    Map
  • Hot Categories

Example of How Gold Can Be A Protection

Jason Kaspar


During the Civil War, an independent thinker from San Antonio named Edward Steves made a savvy business move that would forever change his fortune and that of his family for generations. He made a bet against a dying currency in favor of the only currency that has never failed.

http://steveshomestead.files.wordpress.com/2010/05/steves-family-portrait.gif

Edward and Johanna Steves and Their Three Sons

In Texas, truth and myth are often blurred, as stories of what the human spirit accomplishes are stretched into tall tales for open camp fires and star filled nights. Perhaps the story of Mr. Steves borders on exaggeration. Perhaps not. In either case, the moral offers a profound lesson in wealth preservation and accumulation.

Steves immigrated to the United States in 1849 from Barmen, Elberfeld, Germany. He ventured into the Texas hill country as a farmer with mediocre success as he battled unpredictable weather, threat of local Indians, and rocky soil.  He scraped every penny; and in early 1861, with an entrepreneurial spirit as big as Texas, he spent his entire savings on a newly invented machine – the first mechanical combine to make it to the South Central Texas region. As fate would have it, this machine arrived on the last ship to make it into Galveston, Texas before the Union blockaded the port in July 1861.  After his mechanical contraption arrived in San Antonio, Steves had a monopoly over the local farmers surrounding the area.

https://i0.wp.com/www.unc.edu/depts/europe/conferences/eu/Images/cnfd1000.jpg

The farmers wanted to pay Steves for the use of his mechanical combine in the local currency, Confederate dollars. He refused. He negotiated to take his payment in kind – a percentage of what his combine would process. Steves then bundled up his portion and regularly set off for Mexico, where he would sell it for gold and silver. This occurred for several years until finally the Civil War ended. The Confederacy collapsed along with the monetary system.  Confederate dollars and Confederate bonds became worthless, sending many individuals into financial ruin.

The end of the Gavelston blockade marked the death of his monopoly, but by that time he had amassed a fortune in gold and silver.  With this fortune, he bought Union dollars and effectively bought back into a working economic system.  In 1866 he launched a lumber company that by 1916 had become the largest millwork operation in the Southwest.  It exists today as Steves & Sons, offering more than 300,000 variations of doors throughout the United States.

In today’s world most individuals, including investment professionals, have very little understanding of the history and purpose of precious metals as a monetary asset.  Monetary systems have come and gone for thousands of years, but our lives are so cloistered that the probability of living through two entirely different monetary systems seems highly unlikely. As the Steves story illustrates, even in the United States monetary systems collapse and evolve.

https://i2.wp.com/www.goldprices.net.au/wp-content/uploads/2011/05/1306517426-14.jpg

Precious Metals

The impetuous drive towards globalism and a “world currency” may impact our monetary system more than even the national debt. Initially, the evolution of a system brings chaos.  People cling to staples . . . land, guns, and food production. As a new system emerges, individuals who have precious metals maintain the capacity to buy back into the new system – buying a home, starting new businesses, regaining the quality of life of the previous system.  After 5,000 years, this continues to remain the ultimate benefit of precious metals. The irony is that a true global currency has always existed in the form of gold and silver.

https://i0.wp.com/www.tradeviewforex.com/forex-blog/wp-content/uploads/2011/03/gold1.jpg

Gold is a store of wealth not a generator of wealth

Unless an investor trades precious metals effectively, which very few can do over a long period of time, precious metals do not generate wealth in a functioning economic system. Gold is a store of wealth not a generator of wealth.  It is much better to own thriving companies that produce a superior return over their cost of capital.  Owning businesses that generate a superior return on invested capital is the way to move up the social status in a functioning capitalist system.  Unfortunately, American capitalism has been compromised and is now sputtering.

Ten years ago I would have argued that the probability of an American monetary collapse over the following decade was zero. The next ten years present far less certainty.  One may disagree whether the probability of a collapse over the next ten years is 2%, 25%, or 60%. But the probability is no longer zero. The criticality of gold and silver as an asset class has reemerged.  The Edward Steves story is an illustrative parable of how to build and preserve wealth when economic systems are in flux.

Jason Kaspar is the Chief Investment Officer for Ark Fund Capital Management, focusing on investment and portfolio management. This article first appeared on Gold Shark.

 

War for the People; Profit for the Bankers

Source : Pakalert Press

The Federal Reserve was set up in 1913 to finance both sides of two subsequent world wars. In other words, these wars were funded by the credit of the US taxpayer.  Apart from profiting from  it , the Illuminati bankers use war to enslave us with debt, enact social change and consolidate their power .

by Hamad Subani

(Excerpt from “The Federal Reserve as an Instrument of War” )

The Federal Reserve has helped underwrite continued American military expenditures, even after the World Wars. As of 2009, “Defense” accounts for 23% of all American Federal spending. And therefore, the gargantuan size of the American Federal debt is related to the continuation of American military interventions abroad.

If we assume that such systems are primarily instruments of war, can we also infer that the World Wars could have been prevented in their absence.

Most of us naively assume that the Federal Reserve only underwrote the American war effort. This is not the case. In World War II, the Lend-Lease program was used to ship supplies worth $759 billion to other countries involved in the war.

Some of these countries, such as Soviet Union and China, cannot be considered belligerents. Even more bewildering is the fact that the inflated dollars churned out by the Federal Reserve managed to find their way into Nazi Germany, through American private “investments.”

Once we discard the myth that Germany recovered after World War I like a punching doll, it appears that the rearmament of Germany was largely the effort of Americans “investing” the new American dollars produced by the Federal Reserve.

One such  case is that of the German chemical conglomerate, I.G. Farben, which was central to the rearmament of Germany. It had on its board of directors Paul Warburg, who also sat on the board of the Federal Reserve Bank of New York.

Warburg is considered to be the mastermind behind the creation of the Federal Reserve System. Other board members of I.G. Farben also sat on the boards of Ford Motor Company and the Rockefeller-owned Standard Oil. Suspiciously, the main I.G. Farben complex in Germany managed to avoid Allied bombing during the war.

War is a profitable enterprise. But the destruction of economies also hampers profits for banks and major commercial entities. An investigation into the motives of The Powers That Be with respect to the World Wars is beyond the scope of this paper. And this aspect cannot be fairly understood while fixating on monetary profit.

But if we give credence to fringe historians, we can arrive at some basic conclusions. It could be that monopoly capitalists in the United States, such as J. P. Morgan realized the limitations they faced in the Western world.

And so, they decided to expand outside the Western world, creating societies free of the limitations they faced in the West. In both the World Wars, only the Soviet Union made notable territorial acquisitions.

While offering a panacea to capitalism, the Soviet system created an unprecedented concentration of power, creating a form of monopoly state capitalism, which was highly favored by The Powers That Be.

The Soviet Union may have thus been a modern day colony of “capitalists” based in places like New York and London. Notable capitalists took trips to the Soviet Union as if it were a country club.

Since the Soviet Union did not allow private investment, these visitors may have had a direct stake in the Soviet Empire. While the United States spared no effort in creating a military industrial complex to counter the Soviet Union, actual operations against the Soviet Union were half-hearted.

For example, the Vietnam War forced many Vietnamese people to ally with the Soviets.

%d bloggers like this: