by J.S. Kim
ZeroHedge

There is no
doubt that the elite have always sought to carefully manufacture
news and to control the beliefs of the masses through their interests
in funding education and in owning media distribution channels for
centuries. There is a wealth of history that chronicles the eliteÂ’s
desires to control and sway public opinion by manufacturing news
versusthe honorable journalism pursuit of reporting news in a fair
and accurate manner. For example, in 1917, Congressman Oscar Callaway
stated, as documented in the Congressional Record:

“In
March, 1915, the J.P. Morgan interests, the steel, shipbuilding,
and powder interests, and their subsidiary organizations, got
together 12 men high up in the newspaper world and employed them
to select the most influential newspapers in the United States
and sufficient number of them to control generally the policy
of the daily press of the United States. These 12 men worked the
problem out by selecting 170 newspapers, and then began, by an
elimination process, to retain only those necessary for the purpose
of controlling the general policy of the daily press throughout
the country. They found it was only necessary to purchase the
control of 25 of the greatest newspapers. The 25 papers were agreed
upon; emissaries were sent to purchase the policy, national and
international, of these papers; an agreement was reached; the
policy of the papers was bought, to be paid for by the month;
an editor was furnished for each paper to properly supervise and
edit information regarding the questions of preparedness, militarism,
financial policies, and other things of national and international
nature considered vital to the interest of the purchasers.”

“This
contract is in existence at the present time, and it accounts
for the news columns of the daily press of the country being filled
with all sorts of preparedness argument and misrepresentations
as to the present condition of the United States Army and Navy
and the possibility and probability of the United States being
attacked by foreign foes. This policy also included the suppression
of everything in opposition to the wishes of the interests served.
The effectiveness of this scheme has been conclusively demonstrated
by the character of stuff carried in the daily press throughout
the country since March, 1915. They have resorted to anything
necessary to commercialize public sentiment and sandbag the national
congress into making extravagant and wasteful appropriations for
the Army and Navy under the false pretense that it was necessary.
Their stock argument is that it is ‘patriotism’ They
are playing on every prejudice and passion of the American people.”

In the century
that followed, the financial elites worldwide have learned much
through their brainwashing campaigns and have successfully consolidated
their power to manufacture, rather than report, the news through
mergers and acquisitions of multinational media companies. Noam
Chomsky Edward HermanÂ’s landmark 1988 book Manufacturing
Consent chronicled the continuing consolidation of news
control into the hands of just a few people. Today, at the FreePress
website, one can peruse the handful of companies that dominate
US media. One can further peruse the same controlled media environments
worldwide in many countries at the Wikipedia webpage: “Concentration
of media ownership”.

Today, the
media is making a deliberate push to condition the masses to an
extremely dangerous idea of a cashless society – the end goal
that the banking cartel wishes to impose upon the world in an effort
to control and subjugate anyone that may dare have the guts to oppose
any of their multitude of anti-humanitarian banking activities.
Just peruse through some of the below articles from the past several
months that have popped up in major publications:

“Does
PayTag mean the end of cash in your pocket?” the UK
Telegraph

“The
[Spanish] Government Prohibits Payments of Transactions Exceeding
2,500 EUR in Cash”, Libre Mercado

“Time
to Cash Out: Why Paper Money Hurts the Economy”, Wired
magazine

“How
Cash Keeps Poor People Poor”, Time magazine

The above is
a mere sampling of dozens of articles with the same tagline or topic
that have been disseminated in the mass media over a condensed period
of just a few months. Below you can find a sampling of paraphrased
key ideas and principles that these articles desire to promote.

The Prime
Minister of Spain, Mariano Rajoy Brey, announced that the Spanish
government now prohibits payment in cash for any transaction involving
business professionals that exceeds EUR 2,500.Cayo Lara, leader
of the United Left party, stated that those who violate the ban
will face fines of 25% of the amount of any transaction that exceeds
2,500 EUR that are made in cash.

Coins and
paper bills are the silent enemy of the poor. Vishnu Sridharan
of the New America Foundation argues that cash-based economies
“harm the poor by heightening the risks they face when carrying
money and fueling government corruption and inefficiency.”

Any form
of money that is not digital is bad for society and bad for the
poor. Imagine literally having your life savings under your mattress
or folded into a coffee can, vulnerable to fire, thieves, drunken
relatives or nagging neighbors. Imagine having to ride the bus
for hours to settle a bill, or traveling for days to deliver funds
to a relative. Digital money solves nearly all money problems
for the poor.

These arguments,
put forth by banking shill David Wolman, would offend the sensibilities
and intelligence of even 12-year-old
children like Victoria Grant. Anyone that has the most rudimentary
understanding of our present monetary system knows that inflation
and fractional reserve banking, not coins and paper bills, are the
silent enemy of the poor. Furthermore, coins would be the biggest
friend to the poor if they were made of pure gold and pure silver.
Instead, Wolman attempts to serve up massive servings of rubbish
to the readers of Time and Wired magazines by deflecting
attention away from the root problems of poverty, the fractional
reserve banking system that punishes the poor, the elderly and savers.
Wolman pushes a ridiculous argument that the root causes of poverty
are based upon the idea that because we have money in physical form,
that makes it easy for poor people to have their wealth stolen.

Wolman, never
once, reveals the fact that our unsound, corrupt monetary system
silently steals wealth from the poor in perpetuity through the constant
assessment of the inflation tax upon their savings and that the
greatest warrior against poverty would simply be to institute a
sound monetary system. Furthermore, if Wolman is going to quote
someone that says the poor should never possess money that could
be burned in a fire then why should anyone ever possess anything
that could be ravaged by fire? Clearly, WolmanÂ’s agenda is
one of the banking cartel and not to assist the poor as a purely
digital monetary system further devolves our already unsound monetary
system into an exponentially more unsound
monetary system.

Wolman continues
his propaganda and lies campaign in Wired Magazine when he
states that no taxpayer should ever want to pay the fees associated
with creating paper money and coins that the public considers to
be a “nuisance”. Coins are a nuisance today because
they contain hardly any metal of value. But mint coins from gold
and silver as was specified in the Coinage
Act of 1792 and as specified in Article 1, Section 8, of the
US Constitution and IÂ’m sure that US citizens would not consider
as a “nuisance” coins that appreciated in value every
year against other useless coins used as money around the world.
Also of great irony are the names of the organizations that are
quoted in these articles, like the renaissance-sounding New America
Foundation and the humanitarian-sounding Consultative Group to Assist
the Poor (CGAP). The CGAP’s Mark Picken’s states: “The
cell phone is the best point-of-sale terminal ever.” I’m
not sure with what kind of poor people Mark Picken has been associating,
but when I visited poor villages in Cambodia, Thailand, Myanmar,
Mexico, Indonesia, etc., I donÂ’t ever recall observing a high
percentage of cell phone ownership.

A little digging
reveals the true anti-humanitarian agenda of the Consultative Group
to Assist Destroy the Poor. Unsurprisingly, given the deceit
of PickenÂ’s comments, the CGAP is funded by the ultra-elitist,
poverty-creating World Bank. Ditto goes for the New America Foundation.
The NAFÂ’s founders and board members reads like a WhoÂ’s
Who list of corporate and financial elitists from Ivy League Harvard
University professors to Council on Foreign Relations (CFR) members
to Google and Bilderberg member Eric Schmidt to former Washington
Post editor Steve Coll. It should come as no surprise that the information
provided within these articles originate from members of elitist
organizations that have always had a hand in manufacturing consent
through their control of media outlets and news.

These articles,
as they were all released within a very condensed time period, indicate
a premeditated effort by the banking elites to pre-condition people
into an eventual Pavlovian acceptance of a cashless society. Just
as it is no coincidence that Charlie Munger, Warren Buffet and Bill
Gates all chose to very publicly denigrate gold within days of one
another in their failed effort to help suppress gold prices just
a few weeks ago, it is no coincidence that a handful of major publications
all published articles peddling a strong push and acceptance for
the creation of a cashless economy. Such an argument, if accepted
by the masses, is truly dangerous for a number of reasons.

First, the
coordinated media deluge of articles pushing for a cashless society
clearly delineates, in my opinion, the end game of the banking cartel
run by the Rothschilds, Warburgs, Morgans, Rockefellers et al. –
the collapse of our current fiat currency system. There are those
that argue that these unprincipled men want to uphold our current
system but I think that they are missing multiple signals that they
actually want to bring our current monetary system to a great fiery
crash in order to install an even more repressive monetary system
to replace it. Secondly, these articles are dangerous because they
are also clearly designed to condition the masses to adopt the erroneous
beliefs that gold and silver will lose their value, for what value
could gold and silver possibly have when all future money is to
be represented by digital bytes passed back and forth among computers?
These articles are designed with three purposes in mind in my estimation.
One, to ensure that people that were on the fence about buying gold
and silver will not purchase gold and silver. Two, to goad those
that hold gold and silver now to make a bad decision and sell their
physical stores of gold and silver for fear of a gold and silver
“crash”. And three, to eventually seize more control over
the people as 100% digital money makes it very easy for the banking
elite, as described by the Morgans in 1915, to suppress “everything
in opposition to [their] wishes.” If we ever were to gravitate
to an all digital money society, and were the masses to believe
Time magazine’s propaganda that “coins”, and
not fractional reserve banking-induced inflation, is the “silent
enemy of the poor”, then once a dissenting voice grows
too strong and too loud, the banking cartel merely needs to zero
out the digital bytes in that opposing voiceÂ’s bank account
to effectively forever silence dissent.

Or consider
other scenarios in which a 100% digital monetary system makes it
incredibly easy to silence dissent. What if you believe in solar-activity
based global warming but believe that the carbon-based global warming
theory is a banker manufactured fraud to increase taxes on the people
and you refuse to pay some bogus government legislated carbon tax
because? If we live in a 100% digital money world, civil disobedience
and refusal to pay what you feel to be an unjust tax may become
impossible as the banking cartel can merely digitally siphon off
your funds without protest being possible. Banking cartel theft
of citizensÂ’ wealth (in addition to the already existing theft
through inflation and income taxes) obviously is more difficult
under our present cash and coin system than it would be under a
purely digital system. Consider the repercussions of bankers that
try to impose an unjust new tax under a physical gold or physical
silver monetary system. In order to enforce payment upon resistors,
the banking/government cartel would have to send armed men into
a resistorÂ’s house to extract that money, with the risk that
this resistor may react violently to these home invasions. This
is a scenario that the elite banking families want to avoid at all
costs, and thus the reason for their strong push to gain widespread
acceptance of a purely digital monetary system.

In the meantime
as Central Bankers push for mass acceptance of their digital monetary
system through their media propaganda blitz, Central Banks continue
to buy massive amounts of gold, even though they still employ their
shills to tell you that gold is not money, affecting a remarkable
about-face in policy from just a few years ago when they were consistently
net sellers every year of 500 tonnes of gold or more. Today, Central
Banks have to transformed from massive sellers of gold into massive
net buyers of gold. At a minimum, this turnaround from net selling
to net buying in just the past several years is 1000+ tonnes but
could possibly be in the multiples of this figure as “official”
figures of gold purchases are always significantly understated due
to Central BanksÂ’ delays in reporting gold purchases or avoidance
of reporting purchases at all. For example, China has not reported
any increase in their official gold reserves since 2009 although
their imports of physical gold through the port of Hong Kong has
recently been skyrocketing. Could it be a mere coincidence that
Central Banks are so concerned with buying as much physical gold
as possible right now at a time when their owners are engaging on
a massive propaganda campaign in pushing an agenda of a 100% digital
monetary source? I think not.

Furthermore,
the Central Bank race to the bottom in their fiat currency devaluation
war and their devolution into a permanent Zero Interest Rate Policy
continues to chug along. Just this past week, the Reserve Bank of
Australia cut its key interest rate by 25 bp. When is the last time
you heard a Central Bank in any major global economy help protect
the purchasing power of peopleÂ’s savings and in particular,
help the elderly in their country that depend upon the preservation
of the purchasing power of their savings, by raising interest rates?
Thus despite the global stock marketÂ’s surge in the past couple
of days that is largely attributable to the leaked news from the
WSJÂ’s Jon Hilsenrath that QEIII is back on the table,
IÂ’m not as positive as everyone else seems to be that the Feds
will make such an announcement at their next meeting this upcoming
June 19th and 20th. Why my uncertainty in a sea of certainty? For
one, the Feds have a reputation for deviously building expectations
in the public eye and then doing the exact opposite of what the
public expects to gain the maximum desired effect in their manipulations.
As IÂ’ve stated dozens of times in the past, I believe that
the end game of the Central Banking cartel is to usher in another
manufactured crisis that utterly destroys the US dollar and the
Euro so that they can implement measures, perhaps a pure digital
money society, that allows them to consolidate their power over
the people to an even greater degree. Of course, creating and introducing
trillions of additional dollars into the monetary base will effectively
destroy the dollar over time, as it reinforces their current “extend
and pretend” strategy.

However, should
the Rothschilds, Warburgs, Rockefellers, Morgans et al decide that
they want to expedite the destruction of peopleÂ’s wealth in
a more efficient and rapid manner, they could withhold the creation
of the trillions of more dollars that would be necessary to uphold
the financial derivatives market afloat, and instead, in withholding
this money, cause the derivatives market to implode, thus triggering
the blowback of bank failures across Europe and the US. And voila!
The Central Bankers would accomplish their mission of destroying
the peopleÂ’s wealth in a much more timely manner than continuation
of their “extend and pretend” policy. Thus, this is the
great irony of our current situation. The criminals that run the
Great Ponzi Embezzlement Scheme that is our global monetary system
can deliberately destroy peopleÂ’s wealth (that have no physical
gold and physical silver and that store their wealth in fiat paper
currency) through a number of options, and only they know what option
they will choose. Thus, in the end, though global markets are reacting
now as if QEIII is a done deal already, I would proffer up a guess,
that at best, itÂ’s only about a 50/50 shot that this will happen.
If gold and silver continue to rise into the June 19th and 20th
Federal Reserve meeting then the chances of inaction and the probability
against another massive round of fiat money creation rise considerably
above 50/50.

In any event,
does a 100% digital money society benefit any citizen in any of
the 193 countries in the world? In one word, no. Thus, we must do
everything in our power to ensure that this global banking elite
agenda is not fulfilled. I know that many people feel that the fight
against the immoral banking cartel is futile, but I assure you that
this is not the case. Recently, I conducted a simple poll at the
SmartKnowledgeU
Facebook page to try to assess what percent of the population
understands that our current monetary system is inherently fraudulent
and immoral. Of 649 people that read the post in the first two days
after I posted it, 53, or 8.2%, stated that they understood this
fact. Though some people that responded to the poll stated their
frustration that the percentage was not much higher, when I conducted
a similar poll 5 years ago, this percentage was much lower, at less
than 4%. So the percentage of people that are awakening to the truths
of our monetary system has doubled in just five years and I believe,
continues to grow every day. Thus, unlike politicians that always
preach but never deliver hope, we do have reason for real tangible
hope to win the war against the banksters. Furthermore, one anthropology
study determined that the trigger point for knowledge to go viral
in a community is only 8% so we possibly may be right on the verge
of monetary truths about our corrupt banking system going viral
around the world. And when this happens, our war to establish a
sound monetary system becomes infinitely more winnable.

One of the
most effective tools of countering the elite banking cartelÂ’s
agenda is simply to buy more physical gold and physical silver and/or
to convert a comfortable percentage of your paper fiat savings into
physical gold and physical silver. IÂ’ll explain exactly why
such a simple maneuver will continue to protect you from the possibly
devastating consequences of the global monetary end game in future
writings. In the meantime, please donÂ’t be fooled by the current
banking cartel propaganda campaign that they want to offer us a
purely digital monetary system for our “convenience” or
to help solve “poverty”. Such an agenda to get rid of
all other forms of money other than digital money is 100% about
the banking eliteÂ’s desire to attain absolute control over
us and nothing more. If we allow such an atrocity to become reality,
we can effectively kiss what little economic freedoms we still retain
goodbye. Thus we have no choice but to keep faith that we will win
this battle.

Reprinted
with permission from ZeroHedge.

June
8, 2012

JS
Kim is the Founder and Managing Director of SmartKnowledgeU, a fiercely
independent research consulting firm that concentrates on
providing guidance in using the Precious
Metals of Gold Silver to preserve and grow wealth with
a greater mission of fighting for the re-establishment of a sound
monetary system worldwide. The SmartKnowledgeU
Crisis Investment Opportunities newsletter has returned a cumulative
positive yield of +155.57% from its inception in June, 2007 to June,
2012 despite the massive volatility and banking cartel manipulation
of gold and silver. In the meantime, from 2001 until June 2012,
the SP 500, when priced against gold, has lost 84% of its value.
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© 2012 ZeroHedge