May 9th 2013 Multi-culture a consequence, Q.E., gold; another rort

Preamble
The following is separated from Don's introduction, contextually it bears nothing with the predominant portion of the  agenda assembled by Don -- Don to explain reason for inclusion to evening's program.

The secretary found himself in a situation November 2011 confronted by an intruder in his home,  something most families in this part of the World would (till now) not have experienced.  Don's reaction led to an enquiry 16 months later and now another wait for determination.  He was interviewed by Australian TV station channel 9, 27/05/2013 "A Current Affair".  What follows is not the first time he has spoke to members, but his address in May hereby understood to be the second public exposé.  Let Don explain:

 Link to Google Sites ["client-asc-05/13"]
Intro. Don 05/13_TrimSect. 
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The agenda presented by the club secretary Mr. D. Brooke
Subjects presented in order


1. Recorded Introduction:
Link to Google Sites ["client-asc-05/13"]
Intro. Don 05/13_JoinSect.
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http://www.spreaker.com/user/5121380/712_0035intro_don_05_13_joinsect_1


The secretary reads: "American bases in Germany and the gold basis"

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712_0036.1 
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Document "Official Reserve Assets"

Link to Google Sites ["client-asc-05/13"]
712_0037.1 

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 Audio-visual "REPORT" so called, third (3.) present:

Predominantly Mediterranean countries mentioned with enormous debt to central banks aligned with ECB structure will claim gold in lieu of payment.  An economist put forward a proposal to tax what hitherto has avoided political attention -- Don in his introduction commented and again later.   Gold interestingly has lost value, but apparently not so in Japan in circumstance where QE (money printing etc.) as elsewhere is currently fashionable.  It was pointed out eco. inconsistencies e.g. gold and Yen (March-April) both at all time high [Ed. see later].  Presenter -- a co-hosted format -- concludes with gold will always be the standard by which currency is valued.  With Japan hyper-inflating, buying up gold contracts this is said  to have a "knock-on" effect for the rest of the World.  "Smart money" it was stated will always find gold [Ed. Earlier in the report of 04/13, we heard "several hundred  millions of tonnes of gold were stolen from investor portfolios", is this where "smart money" is intended to find refuge?]


Don's introduction to forth (4.) present
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712_0039.1
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Audio-visual "REPORT" ..., 2nd present -- 1st half:

Don already brought to the club a presentation detailing exposure on "Libor".  Now the evening 10/05 another financial "rigging", "credit swaps" controlled we (attendees) understood within the London business district of a square Km or two, which correctly and in truth is called the "Crown".    There are six predominant banks and fifteen more participants.  Another body manipulating is euphemistically called "treasure island" because of propensity to "coining much more", domiciled in New Jersey US.  "Front running" (ahead of market) either London or New Jersey makes for questionable derived dollar (US) gain.  Between "interest rate" fixing and "credit swap" $800 trillion US is involved.  A history of conspiracy from the "Illuminate" to "Bilderburgers" is inferred, when competition is replaced by collusion [Ed. "As much as 'things' change, 'things' remain the same"].

Audio-visual "REPORT" ..., ... -- 2nd half:

The Australian Don referred to explained -- assisted by the report host -- the consequence of QE as practiced in Japan.  Apparently the gov. is a major participant in asset ownership, financed by bonds acquired by the central bank.  It seems because of high energy cost due to imported fuels, cost push inflation results, this pushes up bond yield but this is barely covered by taxation, even now at a time of low interest rate.  There are paradoxical considerations, one such, by keeping interest rate low and price pull inflation working against this, a weak Yen, means a potential inability to purchase essentials e.g. food and petrol etc., Don elaborated on this aspect earlier (ref. voice file 712_0039.1).


Discussion among members and supporters: CONCLUSION to the evening's convene.

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712_0040 
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