Saturday, March 12, 2011

All Networks Refused To Run This One-Minute Spot

You may believe you have the right to free speech, but not in any venue that matters," said the producer of this TV spot

The spot is not offensive to the average person, but to the men and women who rely on the dollar as the world's reserve currency, the ideas it contains - narrated by Alex Jones of "Prison Planet" and "World Net Daily," it is obscene, hideously so.

He's talking about the imperiled U.S. Treasury bond market, a steadily declining investment that is causing the world's money managers to back away from the U.S. Dollar as the worldwide reserve currency and to favor the volatility of precious metals, especially gold.

(click on the chart above to enlarge it)

The writing is on the wall. The entire hassle with the Iraqis was over the fact that the political dictator Saddam Hussein demanded to be paid in Euros and not dollars, thus touching off a 20-year war that isn't over yet.

The T-bond market is propped up by major importers of consumer goods - China, Japan, et. al.

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