:: Black Market Gold News ::

:: Thursday, December 26, 2002 ::

Create, Issue, And Control Your Own.

"So part of this is psychological."

This is an interview with Richard Bell, retired financial analyst, conducted by Jon Rappoport. The subject? Alternative, private MONEY. Richard is one of the best sources on the subject of money, cash, bread, loot.

Q: First of all, we can assume there are about 100 different currencies of the private variety in the US?

A: That’s my best guess.

Q: What makes these privately printed or coined monies different?

A: For one thing, the people involved feel a different kind of ownership of the money. They feel it’s truly theirs. They created this money, in a real sense, even if only one person actually dreamed it up.

Q: They have an almost tactile sense of where it comes from.

A: Yes. If they know the inventor personally, and think he or she is a good person, well that seals the deal. There is a good spirit about the whole enterprise.

Q: I want to digress for a minute. This feeling about the money and the inventor of it---can’t this feeling be transferred as well to a whole community, a town, a village, a neighborhood?

A: That’s a very important point. Of course it can. But most people don’t know anything about their own community, not really. You walk around a neighborhood and you see some empty lots, for example. Who owns them? The government? Some guy who lives a thousand miles away? A company? And how did they get that land in the first place? And what about this gated community over here? Who owns that? Is it a subsidiary of a larger company? If so, what does the larger company really do? There are lots of questions---and one of the first things people have to do who want to "take back their community" is, find out who owns all the pieces of it. Some history. Get your mind into it.

Q: You’re not talking about going back to the pilgrims, are you?

A: No. I’m talking about residents reclaiming their communities by buying back pieces at a time, by figuring out who owns what.

Q: So, again, the feeling that you are the author of your own destiny, as with the money.

A: You print it, you own it, it’s yours, and you create a system for distributing it---without usurious rates of interest on loans. Just enough interest to support the work of the local people who run the money system.

Q: Couldn’t there be squabbles on the local level?

A: Sure, but it’s pretty easy to find out who’s doing bad things. A lot easier than going up against the Federal Reserve.

Q: How do you decide how much to print, and how often to print more?

A: Different existing systems have different ways of handling that. You feel your way along, you try to abstain from making up ponderous rules. The whole idea is, you are trying to get more and people to accept the new money. And as you do, you bring in as many functions as you can.

Q: What do you mean, functions?

A: Well, what are the functions of an economy? Food, building materials, transport, healthcare, and so on. You bring in, as you can, these merchants, so that you’re, in the process, fleshing out the closest thing possible to a self-sufficient economy.

Q: And this really can work?

A: It is working. In lots of places. And the beauty of it is, you naturally get intelligent and thoughtful people involved. That just happens. Those are the people who are going to participate.

Q: What’s the biggest obstacle?

A: Getting people to believe that money is what people say it is. If you and I believe that blocks of wood are important, we begin to trade blocks of wood. If you and I believe that garbage is wonderful, we collect garbage and we get together and talk about it. That’s all.

Q: So people are going to have to disabuse themselves of the Nanny State that decides what is valuable and who gets what.

A: Exactly. Lots of people say they want to opt out of that system. So let them. Let them do it with a flourish. By inventing their own money.

Q: This doesn’t happen overnight.

A: Right. You won’t get a thousand people to burn their Federal Reserve notes in a pile in the town square. People live off of Fed Reserve notes and off of the new money. Both. It’s a gradual shiftover.

Q: In America this is called the local currency movement.

A: Some people call it that, yes.

Q: What are a couple of examples?

A: Ithaca Hours. Norfed. You can find them on the Net.

Q: Let’s say you walk up to a man who owns a small market, and you say, "We want you to accept this new money."

A: And he’s baffled. Then you tell him, "We know a guy who has a farm, and he’ll take this money and give you fresh vegetables for it. Here is his name and phone number. Call him."

Q: So you slowly spread out.

A: Right. And the thing is, you can have meetings in your town. People show up who are already taking the money. They talk about it. People see one another. They meet the council or the one person who is in charge of creating the money. They know him already, or they get to know him. Money becomes, in the mind, something different.

Q: Less abstract.

A: Much less abstract.

Q: It’s personal. Real.

A: And you can spend it.

Q: Suppose such a system just began to hand out the money, for free, with no interest, to "members."

A: Try it. See what happens. Figure out how to do it. How much to give away. Start cautiously. It’s all about getting people to accept the money in exchange for goods and services.

Q: So part of this is psychological.

A: A major part. It’s all about getting people to decide to perceive reality in a new way and back that up.

Q: I don’t want to make this sound too easy, like a walk in the park.

A: As you go, you discover your mistakes and you correct them. You iron out the problems. But who is making those course corrections? A remote government in Washington, or you? It’s a big, big difference. You have your hand in the kitchen. You and your colleagues are making the pie. If the recipe has flaws, you fix it. You can call that hard or easy, but it’s really just what it is. If a lunatic like the Fed is in charge, you never get out of the mess. You are just made the butt of new scams. But if you are in charge, and you are smart, you find the problem and you figure out a better way, step by step.

Q: You’re talking about a revolution.

A: Indeed I am. The people who use the money, who spend it and accept it, feel a certain closeness of connection with one another, too.


:: Black Leprecon :: goldlink ::
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The Central Bank of the Republic of Turkey.

V. CENTRAL BANK BALANCE SHEET

V.1. ANALYSIS OF THE BALANCE SHEET

The major items on the 2001 Balance Sheet of the Central Bank are shown below:

ASSETS:

1. Gold

The gold reserves on the balance sheet is valued using 1 net gram of gold = TL 12,797,282.4763, calculated as 1 ounce of gold = 276,50 dollars based on the prices quoted in the London stock exchange as of December 31, 2001. The value of the international standard and non-international standard gold holdings reached TL 1,527,125,937 million, equivalent to 119,332,048.78 net grams.

The gold holdings of international standards reached TL 1,485,812,521 million, equivalent to 116,103,752.76 net grams. A decrease of TL 1,804,331 million resulted from the decrease of US$ 1,590,914.15 equivalent to 182,941.08 net grams because of the ingot differences in deposit returns and an increase of TL 811,890,073 million in value arising from the exchange rate difference caused by the depreciation of the Turkish lira against the US dollar.

33,670,645.06 net grams of the gold holdings of international standards are kept in the Head Office’s vaults, whereas 82,433,107.70 net grams are by the foreign correspondents.

The gold holdings of non-international standards, which increased by TL 22,554,210 million in value due to the exchange rate difference caused by the depreciation of the Turkish lira against the US dollar, reached TL 41,313,416 million equivalent to 3,228,296.02 net grams, 345,574.68 net grams of which belongs to the Treasury.

2. Foreign Exchange

~snip~


:: Black Leprecon :: goldlink ::
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Concerning Those Mintmasters.

Mintmasters who proceed to make counterfeit coins... shall be punished with death by pouring molten metal down their throats.


:: Black Leprecon :: goldlink ::
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Kim, Jin, Kam.

April 7, 1997

"Your statement that the surname 'Kim' is unique those who dwell on the landmass called Korea is incorrect. Those who dwell on the landmass called China use a character for the 'Kim' surname that is pronounced 'Jin' in Mandarin [and is written this way in pinyin] ('Kam' in Cantonese) and in all cases means a 'gold', 'money' or 'metal' in addition to being a common surname (though not so common with those who dwell on the landmass called Korea)."

-DAVID KELLY, AUSTRALIA


:: Black Leprecon :: goldlink ::
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Uranium, Coloured Gemstones, And Gold.

Although uranium has historically been mined and continues to be mined on the landmass know as Niger, those who mine gold and explore for gold are developing gold mining projects and exploring for gold on that landmass.

Also, the coloured gemstone potential on the landmass known as Niger is also being assessed by those who call themselves "Canadian Consolidated Pacific Bay Resources (CCPBR)". CCPBR has secured "prospecting rights" from the agents of the Niger taxpayers covering 20,000 km2. Areas include the Air Massif region in the north, the Liptako region in the west and the Damagaram-Mounio, Zinder and Maradi areas in the south.


:: Black Leprecon :: goldlink ::
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Tim Wood vs. Bill Murphy.

The raging debate, going on "under the radar screen" for the past 6 to 12 months or so, between the "Tim Wood camp" and the "Bill Murphy camp", about certain fiat currency to gold exchange rates being manipulated, should pick up more readership as certain fiat currency to gold exchange rates rise "due to threats or acts of war".


:: Black Leprecon :: goldlink ::
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Iraqi Mercenaries Being Paid In Fiat Currency.

Either the Iraqi mercenaries do not understand what REAL money is and by default are poor negotiators - like the Afghan mercenaries do and are not (respectively) - or, there is more to this story that has yet to be reported...


:: Black Leprecon :: goldlink ::
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Abbasid Gold Coins Unearthed On Landmass Called Iraq.

Archaeologists said the treasure dates back to the period of the Abbasid Caliphate Al Nasser Leddin Allah.

January 11, 2001, BAGHDAD (Reuters)

Some Iraqi taxpayers, who work as archaeologists, have found 32 gold coins dating back to the late Abbasid era at the ancient city of Anbar, northwest of Baghdad, archaeologists have said.

"Excavations...yielded a treasure of gold coins dating back to the period of the Abbasid Caliphate Al Nasser Leddin Allah," Mahab Al Bakri, an Iragi agent and an expert on antiquities found in and on the landmass called Iraq said.

Donny George, an Iragi agent of excavation, said: "During our work at Saqlawiya in the ancient city of Anbar, one of the important sites in the middle parts of the landmass called Iraq, we found a quantity of gold coins
dating back to several periods from the Abbasid time.

"Among the things discovered were a collection of artefacts and gold, silver and copper coins and pieces of pottery... A complete residential area with walls and roads was also discovered."


:: Black Leprecon :: goldlink ::
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Virtual Gold Research.

"The Golden Constant section covers 22 years' worth of gold market history (1975 to 1997) in a concise form, allowing you to place into chronological context developments in each sector of the market relative to other sectors as well as major external financial and political events. It is navigable by both year and sector thus giving you either the history of a particular area of the market or snap shot view of the entire market in any particular year. Virtual Gold wishes to thank Mitsui Global Precious Metals for permission to adapt the Crosswords Research and Consulting poster to website format."


:: Black Leprecon :: goldlink ::
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Gold Derivatives: Moving towards Checkmate.

"L'État, c'est moi," famously proclaimed Louis XIV. Recently knighted by the Queen, Sir Alan is the Federal Reserve Note Currency Unit. When the ancien régime finally fell, the Sun King had been in his grave for almost a century. New statistics on gold derivatives together with other recent anomalies in the gold market suggest that Sir Alan may not be so fortunate, and that gold is close to pushing today's Federal Reserve Note Currency Unit -based monetary syndicate into checkmate.

"They suggest that the bullion banks have been unable to wind down their pyramid of gold derivatives in an orderly manner as contangos have narrowed..."

More info on the 'Other Enron' subtext here and here.


:: Black Leprecon :: goldlink ::
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The African Wanderers.

The first major town after Bumba was Lisala, where one can see the imposing structure of Mobutu's grand house overlooking the river. In this new era though, the military have simply taken it over, and appropriated all the furniture for their own offices. Needless to say, its a rather absurd experience being interrogated while you are lounging on a chic Italian lounge suite looking at a commandant sitting behind an ebony desk inlaid with gold trimmings.


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