US$,Straus-Kahn,lies,history repeats,or?A few weeks ago, I posted my thoughts on the obvious to me, lies that were used to arrest and destroy, the President of the IMF, with the US$ desperately trying to get their own man as Pres. of IMF.The major portion of that US$ sting failed, in that another French peron is leadiing for Pres. of IMF, and it looks today like the US$ entire sting has failed, after Strauss-Kahn was released from jail, indicated, prosecutiion had no real credible evidence...I had stated in my said post, that this was a US$ conspiracy to try to control the IMF and thus control the value of US$, etc...
It turns out that the victim herself contacted police to tell them a number of other incidents invo;ving her, wherein she lied...Turns out she was involved with Gangsters trafficking and money landeriing scams, and apperantly would not testify vs. him....And was not prepared to proceed vs Straus-Kahn...in my view this is tjust he tip of the Sting/iceberg...
what we are left with is buying time for the US$ authorities to come up with a proper and credible explanation for all this, ....dont hold your breath...lol...so far they cannot...Just as in the last Fiasco/collapse with the US$ in the 70's , a series of lies, which lead to other lies, and the simultanious loss of respect and confidence for the US$, some which have already started...various markets report totally different reports...The Dow is down 120 pts, others dow is up 120 pts, same with Goldetc...and on and on...You will recall that the US$ was threatening Kitco a few weeks ago, I suppose so that they will get some cooperatiion to manipulate the US$...its possible....This Fiasco could indeed turn out as something BIG, directly involving the credibility of not only the US$, but the crediblity oft the USA itself, such as occured in 70,s, with R. Nixon being called a liar and a crook...the famous Nixon phrase...WELL I AM NOT A CROOK...
I am saying that the possibilities are there this time as well, although there willo be no Nixon to kick around , BUT have -lenty of others...this Fiasco rerelates directly to the price of Gold, as it did in the 70,s, how and IF this Fiasco with all the upcoming lies and coverups, spreads and feeds on more lies, confidence, trust will be lost in the US$, and Gold will be free to make its incredible move up vs US$....It took years the last time to get to the point of public distrust and loss of faith in the US$...BUT IT HAPPENED EVENTUALLY....With all the incredible problems the real world and the financial word currently have, this fiasco certainly has the potential to unravel and very quickly...
We all wait to see what new developments come of of this current Fiasco, and how it will effect world and markets, so far it has started with some stunning similarities...we shall see, and hopefully act appropriately... Let,s get ready for the lies., and be prepared to act to protect ourSELVES AND OUR holdings..