Jingoistic Jingoism's

Media Bred Eugenics, Part 2

One can become consumed watching the News and world events unfold in this bizarre new world.  We are witnessing change on a grand scale and evolution in every aspect at a historic rate.  Evolution is a strange thing; I am not speaking in terms of Darwinism the conventional form of evolution such as, over time living organisms develop.  I am speaking of evolution chemically, scientifically, mathematically and technically the evolving patterns and changing maneuvers. The general need and sense for development and change.  Even the most skeptic of Darwin has witnessed his theories playing out through time, “survival of the fittest” or the “natural selection”, if his theories are accurate we at some point will have to encounter a “test” the test of all tests some may survive others will not.  
     We are developing our minds, all of us, we are learning at a rapid rate.  A new born babies brain triples in size the first two years of life and continues growing till about age twenty. Keep in mind all the cells and neurons we will ever need in our lifetime are already there, the growth comes from the connections or synapses between the cells.  We are adapting and learning in our new habitat of technology and media.  Billions of dollars are spent on figuring out the best way to learn and how we can learn more, faster a superior way to learn.  Media has been a great way for information to be received by the masses.  With all the information, we now have on our brain and the hundreds of years spent researching the mind had paid off. No other time than right now has our new discoveries opened so many doors to development and research on our behavior and emotion.  Knowing just what information changes our behavior, emotion or action, is the research that is so interesting and profitable. The media has been a great way to change all, so great we do not even know they are changing us..   

When I see the Greek problems playing out wondering to myself how America would let them make alliances with Russia and the scenario of a war with Turkey, or something involving NATO perhaps ISIS invading around Greece that brings in NATO somehow.  Then I see Obama with the new and young influential Italian Prime Minister avoiding some questions and topics altogether.  I question why?  Is the US showing and proving we that have at least one allies left?  When Russia and China appear to be cutting the US off and out of the loop completely, and us with the fear of nationalizing a new currency cutting off the worlds reserve the USD, then we see news on the pacific trade open up, or how great an investment in the Shanghai exchange would boost anyone’s portfolio.  On the other hand, is the Federal Reserve so broke that they are making bets on the volatility of the Shanghais market?

 We know what they are feeding us; it is just what we will bite on that is being bet on.  Is perception of what is being shown us the key?

The 9/11 war on terror brought new ways to instill fear in every household thanks to the media (not to mention ways to infiltrate and control the masses with an express pass to enforce our “patriot act”.)  To add some extra panic they include a scale that would show the level of terrorism risk day to day in a color system so even kids could keep up, broadcasting every second along with every horror experienced.  Whatever theory you believe it is most likely true or a part of the truth behind the reason or conspiracy, as to just what exactly took place on 9/11, if you read my past work, you know where I stand.  The aftermath of the “event” (attack? Not so much) was just as traumatic then as it is today.  What it has done to this country, is irreparable.  It caused stereotypes and hatred with Arab Americans and mistrust among innocent groups.  It created fear of the unknown the “what if” and this fear opened doors for the FBI, CIA, and NYPD to allow and enforce blatant stereotyping and discrimination against the Muslim community. Fear of the Unknown, and the “what if” factor. This fear and anti-Muslim behavior, violence and mistrust forced many people to give up their faith, fear of being profiled, or segregated as a Muslim extremist.  Mosques were burned, families beaten and murdered. This was not the first time fear was used to paralyze our thoughts and control our emotions, and it wont be the last. While Americans mourned and panicked staying indoors, glued to the news, afraid to fly or go to the local store. The reality is, Americans are one hundred times more likely to die from a homicide, than a terrorist attack, or even more likely to get killed by our own  cities police unit, than a Muslim terrorist.  While terror struck the nation through media, the authorities fueled the fear and rewrote laws while the masses were too afraid to second-guess our great country.  Media drained all it could out of the tragedy and pain. The majorities of the American people are not familiar with eastern history , let alone ours. People knew little about the Middle East or Arab groups, the religion or countries.  This was a pre. Smart phone time,  most people still assumed and believed all the media and myths on our trusted news networks, believing they are true and non biased with real factual information, not just to push the market for a common interest.

  The news and our government keeps pushing us to be more divided, less communal, in turn, less powerful as a group.

Once upon a time (1983) our news media  was controlled by approximately fifty different corporations. Today it is a  private interest owned, by only six corporations. These six are powerful corporations, they do not just own the news or media they own production studios, television networks, newspapers, magazines, movie studios, anything from web sites to music labels. They have control over it all these huge six entities are not just rich beyond belief they are selling a priceless item… control. People pay for control. Social control has been around for sometime, and has been used even longer than one may think, the first use was in c. 515 BC that we know of, “The Rise of Darius to The Persian Throne”, then “The Arthashasta” c.350-283 BC, and of course, the Romans used it c.59 BC - 17 AD. It spread during the Reformation in ways never seen before with the printing press in Europe and there were thirteen American colonies that had specialized on topic for the interest of the Patriots and not so fond of the Loyalists, playing a major role in the demand for independence. It goes on continually throughout time.

Even the word propaganda has been turned into a negative, in its original sense was positive and helpful neutral and useful for information. Edward Bernays “the father of public relations” and regarded as one of the hundred most influential Americans of the twentieth century. Bernays also said, “The public’s democratic judgment was not to be relied on”. One of the most prominent political writers Walter Lippmann sat together on a US public information committee Bernays pioneered the PR industry by using social sciences and adding psychology this  popularized Freud ideas, mainly group psychology. Barclay's’ actually wrote the book on psychological manipulation, literally in 1928, “Propaganda” he even stated that, “the manipulation of public opinion was a necessary part of democracy”. He also wrote, “Manipulation ones opinion” in 1928, and states, “a technique has been developed and applied”. Indeed it has who we are what we want need how we love what we think is love it has all been predetermined for us. Not like worm wholes repeating our lives, no they are using us all working for the powers that be. So we become aware and watch learn take the “red pill” while the “sheep” take the “blue pill”.

 I have seen more and more shows and news pumping us up while we are in the hypnotic state of brainwashing watching some great new show and then another and a common theme arises every change of shows brings a “NEW THREAT” to you! Your household, the kids, the earth (the one thing that is real)... never the less a common “trend” in major shows. Like, perhaps… women in power? Seem familiar. Recently I see survival shows a lot of them, and a negative veering and lack of trust towards the mercenary groups. In the long run, the military saves the day, not the survivalists or redneck leading a city with an AK, no they are depicted as bad people and guns as an evil threat to families and always shown in the wrong hands. 

My perception could be totally off, or… they are trying to sway us, disarm us willingly, and place the idea in our heads not go rise up against the government when the time comes to, and it will. When all the people see the big Ponzi scheme, the government and barker cartels have bestowed on us just to line their pockets. They are desensitizing us to the future n new world order, all those zombie shows are just junkies ready to eat your face off when they Close America off to all other countries and resources and China has bought up all our good land and energy. All that will be left is Anarchy, Drugs, liquor and guns…our knowledge and empathy remains. I went a little too far there; however, the “what if” or disaster looming is each individual’s perception. So I will continue with the “rant” of new world order. I do not know why with all violence that we are exposed to, and desensitize by, why aren’t we just publicly hanging people that have wrecked America?... Raise Nixon and flank him till we go back to gold. Bernanke burned at the stake, or pitting him in cage against lions or Bears and Bulls, loose in some coliseum or a dome like a bad mad max reenactment! Yellen and Draghi as Master Blaster…Michelle Obama as Tina Turner, now I have to post the video clip of that.

I could be way off. Perhaps they have a plan, and it is for everyone to unite, peace love and freedom, America Land the free, rich happy and healthy. They will have every person rise above middle class, and issue high tax for the rich they will even take a ten percent cut for just one year. Every banker and government personal will do it, just to fund low-income schools and include theater and art classes or days that they cut. Sad thing is they could… for every school in the nation… for the next fifty years. The pessimist I am, I just kind of lean towards them being greedy and see them more or less wiping out the middle class setting up their life in luxury while we the 99% just hope… as they manipulate us to believe if we do what is being said, we need to… and in time everything will be ok, someday.

  Now we know the public perception is the focus for swaying us through media, how the public responds to information given is the key. The concern in this is finding the concurrent high points of some information then when other information being introduced. This information is what advertisers and the powers that control all seek. What action will cause a reaction, most of all just what will the reaction be? The public’s reaction is what the big boys bet on, profit from, and invest in. The media has become the ultimate advertising tool pushing products and bias information, then acting as rivals while supporting the same globalist organizations pushing a product. Thirty years ago, The Central Intelligence Agency (CIA) director Dave McGowan stated (who also was murdered shortly after he stated) “The Central Intelligence Agency owns everyone and any significance in the major media”. The CIA has advanced in every way since then. One can only imagine what the CIA could have control over with the new technological advances combined with physics and science, biology, and chemistry, the breakthroughs have been historical recently and keep growing  The list could go on and on. Knowledge of Humanity and the way we think and act are mapped out; we have learned so much about our cells and body, and our brain finding why and how we do what we do. 

We still do not know so much about the mind, humans are complex, and though most behavior is predictable, some is not. the aspect of free will and unpredictability’s of sadness, empathy, and  love, anger, hope and lust are emotional and each of us express these differently. Fear however, is a much more predicable human response, more of a fight or flight formula to manipulate us with. Tragedy sells, the collapse, ruin, and war, disease, money, the loss of the hopeful gain, false reassurance, and outright lies, all fed to us in a multitude of ways, redirecting or behavior to serve their greedy interests. The stories we have been told all our lives may hold some truth, more a piece of the puzzle or a guide to the truth. The tales of mythology, religion, even poets, and art have altered our perception throughout time. Even fables, songs, and fairy tales can been depicted in many ways unveiling racism, sexism, and control, etc. The common thread in all manipulation is, good and evil, heaven and hell, white and black, these all have two sides to every story, all the things we have been told and learned are depicted and swayed by the storyteller, we will never find the whole truth, time has buried most information with the motives and greed mankind constantly seeks .

  Truth and fiction become irrelevant when profit or desperation becomes involved. 

H.G. Wells wrote about social engineering though sports and back then, people may have thought he was crazy when he wrote of a tribal system that was needed for men, engrained in us primitively a need for a tribe and leader, an Alpha male. As the emerging expert class arose, man would be more disengaged from what you would call a tribe or his own destiny. Sports though radio and adding a stadium in every city gave man the outlet he was subconsciously seeking, in the hypnotic state of a new cultural industry. The Soviet Union even had what was called a culture industry. The actors and directors of media and film were called the "cultural leaders", because they could control the public. This was the psychology behind control because humans have a need to belong; a need to be liked wanted and accepted by our peers, we are easily programmed by a scientific dictatorship. We have been programmed as if machines manipulated so much we cannot even determine the difference between “real wealth” and what we are programmed to believe “real wealth” is. When did owning even leasing a Bentley become a better investment than land, education, family, or medicine, even free will? The pressure to have material possessions, a bigger house another car or truck, a better life, is not just a pressure, this has been instilled in us so much that now advertisements are making fun of the blatant brainwashing of these unobtainable social status.

 For the 99% what we see the lavish lifestyles lived is an unobtainable social structure and status, it is a distraction for the masses, something to strive for and keep going, set up so you remain unfulfilled and keep working and spending. They want you to spend not save that is not what our economic structure is based on. They want and need you to max out your credit take a mortgage out, even a second or a third, all so, you will not have any true assets and you will keep paying on that interest. Media does more than take your money for various purposes it drives you steering you and guiding your next step.

 I see more and more people taking the “red pill”, seeing the media for what it really is a tool to control us. People have learned that investigative journalism is just associated with different specifics, not truth. What the media says and shows you may just be a movie set or even actors, even the energetic newscaster pushing a new company, you now may know is their sponsor. Media is a tool and like everything have two sides and two ways of looking at it and two ways to use it. Alternatively, the public can use it to their advantage as well. The information is out there, just some codes will be easer to crack, others much harder. An informational puzzle and all the pieces, what they are discussing and selling or buying, it is the history and relationships all of it is out there. However, it’s more “why” they are broadcasting it, selling it, or buying it, the true history not what is told to you the real relationships between people. 

The public is waking up to the fact we have been living in a nation opposite of everything we were told America is and what it stood for, the opposite of what we have learned in school from teachers, parents, peers. Our history has been rewritten to conform societies and create a mass of human machines to program. . A false nation built with blood and greed, manipulation and power. Our history like our nation is false, made up, altered by fake governments, fake rules, fake leaders hand picked by Oligarchs and bankers in a fake democracy. Our fake judiciary system with its fake laws designed so though Oligarchs, bankers and government can rob you blind without due process or even court orders, then the powers that be can rob them. Our Freedom? Fake, our amendments? Falsified, and rewritten, our authority Fake, a nation with the backbone of our proud constitution reworded and altered so they can serve there own control and strip us of power and our true rights even our own choice. What do we have left that is real or ours truly? Knowledge and the right to bear arms and defend ourselves (for now). There are many upsides in our new god we call media in this lawless run nation. Knowledge is power, and we are curious creatures with instincts for survival to protect our legacy though our children.

That Janet Yellen is quite a GUY!

Part 1
Last year Ben Bernanke’s predecessor Janet Yellen was sworn in as the Federal Reserve’s (FEDs) chairperson February 2014, she is the first women to lead the FED in its one hindered year history; many people attribute her position to Obama because she was his top pick for the chair. It became clear she would follow in the footsteps of Bernanke after leading her first meeting a little over a month after being sworn in. The decisions the FED make effect every person on a global scale; they truly are the most powerful independent entity in the world. Although the FED is independent, the FEDs governor positions of the FOMC members are appointed by the US President with the approval from the US Senate for fourteen year terms. This fourteen year term is designed to minimize the political influence one president could have over the board. The FED tells us their goal is to have steady economic growth, Yellen has been open about her goals normalizing the US economy.
If the FEDs decision was truly based on data as much as they proclaim they would have increased rates already. If the US showed signs of real economic recovery, Yellen wouldn’t have to tiptoe around her wording the way she is. The FED recently has tried to become “more transparent” with their decisions. Yet, we as the domestic public are only allowed to know very limited information as to what exactly they as a whole are looking at. The FOMC members look at what they call a “Green Book” the forecast of the US economy, a “Blue Book” that holds monetary policy alternatives and the “Beige Book” that is the only book of these three that is released to the public two weeks before the FOMC meeting. This Beige Book holds a description of economic conditions from each Reserve banks district.
The anticipation of the Federal Open Market Committee (FOMC) meeting is just as important when trading Forex as the actual rise or decrease of the interest rate decision. Statements made by any FED member are extremely important. Analysts dissect every word and examine the language used. For many, a hedge on what decisions the FED make is the key to outsmarting the competition and profiting. The media loves any statements made about or by the FED, it is difficult to look at the facts with the government run media polluting the market with meaningless opinions, or what they want you to believe is the direction they are taking. Even the announcements by the FED itself can be misleading, for instance they took two years to stop Quantitative Easing (QE) after saying that they were considering it. Fortunes ride on every word of the Federal Reserves announcements. No other legislative entity has more power and influence on how the financial market moves than the FED. Other counties look to the FED for direction and have even followed the FEDs monetary policies, and continue to do so. This coming meeting is particularly important for many private traders, investors, and big money. This meeting is on the Federal Funds interest rate change, an increase or the decrease of Federal Funds interest rates. The decision will impact every US bank’s interest rate fee and how they lend and barrow money.
For those that don’t know what the FOMC interest rate decision is, let me briefly explain. One could think about the importance of this meeting and announcement like the government quarterly earnings report. Eight times a year the FOMC meets to set the monetary stance, fixing the federal funds overnight borrowing rate. This federal funds “interest rate” is what you hear so much about, the rate the Federal Reserve (FED) lends balances to other depository institutions, banks borrowing reserves and lending to one another at the Federal Funds Rate. The FOMC sets a target rate rage; however, the Open Market actually decides the rate itself. That is why most of the terminology used by the FED is vague or abstract misleading even contradictory. Market forces determine the actual rate itself. The FED will do what it needs to by influencing the operations in swaying the Open Market a multitude of ways. The FOMC makes changes based on non-specific economic data and undisclosed target numbers. Banks, credit unions, all depository institutions are required to keep a target amount of money in reserves at all times. For instance when a bank is over or low on that target reserve they must borrow or lend. A bank above the target is sitting on non-interest gaining money and will be lent to another who is low on their target reserve. The Federal Funds Rate adjusts to the supply and demand of bank reserves .The decrease in rates comes from the reserve supply being greater than the demand causing a decrease in the funds rate. The reports that are looked over by the FOMC from the Central Banks (CB) is ultimately what sets the target rate for now and direction in the future. If a rate decrease is needed, the FED buys US treasury securities creating new money and a larger reserve supply, increasing bank reserves without overnight borrowing in the reserves market. If the reserve supply demand is higher than the supply, they raise rates. The increase means the FOMC would sell US treasury securities causing a reduction of bank reserves and more overnight borrowing. The FED buying and selling open market operations and US Treasury securities is the way they implement monetary policy and maintain the target rate. The problem is liquidity keeps drying up, then open market law fails as money increases then becomes too expensive for government to borrow, this is what Yellen is trying to avoid.

Bubblicious

Governments unlike the big banks and the Federal Reserve do not have the luxury of keeping the bank scheme continuing as long as they can anymore, factors that once padded the same pockets is now harder to manipulate to benefits all parties involved. Government has elections to face, the voters with new links to real facts and information and media influence run by government. Many big businesses believe that half of anything is better than nothing at all, even just the idea that you can save or gain can be enough, the illusion that you may still have control over your money can be attractive to anyone. This is just what is happening with the big banks trying to salvage and preserve any of the actual asset debt by deflating the fiat debt, with derivatives and swaps, this ongoing process has create a global bond bubble bigger than we have ever seen. This is the compromise to avert the disaster looming, the paper millionaires will be the fist to feel it after the banks. The loss of their gains that were never real to begin with will be appeased by banks reducing their debts and the feeling of them "gaining" will pacify the real loss of all. The real question is what will cause the collapse in the global economy, inflation or deflation?
The biggest credit bubble is on the verge of bursting and we all know that the results will change the world forever. Governments used to love inflation because they are for the most part the "borrowers" so they can pay back the borrowed money far into the future with inflated money. Banks on the other hand used to hate inflation when they actually had to hold on to the loans they made now they pack and sell off the loans they make with little to no regard for the default rate or logistics of the details. The natural outcome would have been deflation from the banking crisis of 2008 , it would have lead to real business growth for the small majority, yet it would have cost the established powers that be their christmas bonuses or positions. The powers that be (TPTB) cannot have that. The complete asset forfeiture crash in 2008 was avoided by a hand out, half of our world's money given to banks, this has created a negative tenue within government and banks. This cycle we are seeing deflation then inflation only occurs when you are dealing with debt based fiat money. The banks are not any better than the cartel or drug dealers handing the ignorant a bag or a lifestyle (debt) and you are in it, stuck with it for life with no way out.
really it is disinflation, then stagnation, followed by deflation, then you get inflation across the nation, looms a dangerous fixation, with a finale of hyperinflation.
The Federal Reserve (FED) has an agenda and that is devaluing the US dollar. The FED has told us time and time again that inflation is good for the economy. Now the head of the FED Janet Yellen is admitting that deflation will be a positive thing for the economy. However, the Debt deflation is the FEDs worst nightmare,because the truth is that the economy is not what Yellen is concerned with. The real concern is the bonds interest rates, the $191 trillion that Wall St. banks and U.S. have in derivative trades. The obsession the FED has creating inflation allows government spending without going bankrupt and debt deflation would for sure wipe out big banks and the U.S. altogether. The main focus is to keep interest rates to be low as possible because a slight rise even one percent means hundreds of billions more added on to the already massive payments of U.S. debt.
Miss priced assets have lead to multiple markets manipulated by what we think has value. Possession is law and fraud is the status quo now. Banks insured by the FED, with the extensions of the commodities clauses that the Dodd and Frank Act has enabled the banks to gain control profitably. Supply and demand, the general order of human innovation, increasing productivity and the real assets that can be bought and sold and we wont really see deflation even though it is there with the things we need because those things are real, like food and medicine, unlike the swaps and derivative that are truly phony assets. There has never been a solution to scarcity, not monetary, fiscal, economic or political. Currencies can and have died, the scary thing is this time it is on a global scale. Death of our currency is close but it wont just die quickly. It will be a horrific struggle with massive denial and a fight to the death. Most people are earning half of the loans they owe. Loans for houses or cars that are three times what they are worth. People have more money in debt than in savings it is just a matter of time before people see that fiat currency is merely currency, not real value or money. For a while, currency will have increased buying power then people will start to get it and see it is being inflated, then the currency will collapse in buying power, while the buying power of money will be maintained. The only way to get ahead is to ride it out you buy into deflation and ride out the inflation.

They issued VE ...verbal easing

        Since 2008, employment gains have been declining, and just this year they have started to stabilize, effectively pushing the unemployment down with the solid employment gains.  Gains in employment were the highest this last November than they have been in the last three years.  Online ads for jobs increased, indicating employment gains.  Surveys came back stating that many jobs were available and were much easier to obtain.  The indicators were encouraging in the anticipation of the reports.

The numbers came back and for the most part, they looked good, then they looked a little closer.  For eleven months straight the payroll increases have been up above 200k, those numbers have not been that strong since 1994.  The Economy has generated the strongest number in new jobs since 1994, and showed 50k more than the forecasters predicted.  The economy looks to be positioned for strong growth in 2015.  In fact, the numbers were so good they almost deemed America fully employed by FED standards.   

Despite all the optimism in employment, weak wages took the spotlight and the softness in earnings that fell drastically.  There really is no obvious fundamental factor that can explain the numbers that were reported.  They listed excuses and blamed a “seasonal fluke” in the retail trade sector.  This time they couldn’t directly blame the weather.  Job quality was not good as well, creating disputes as to what exactly these numbers could mean.  Updated adjustments will of course be released further, most likely while some catastrophic event is taking place to distract us, from the outright manipulation of the numbers, as they always do.

 These statistics and reports are just a reason to issue or delay the rise of the FEDs interest rates, or a justification of QE printing to monetize debt.  These numbers and reports can be perceived many different ways.  They have the ability to manipulate what information is presented and how the surveys are handled. The numbers just do not add up.

 We have roughly 47 million people who get food stamps and inflation with food prices continue.  Many people still live paycheck to paycheck, less than three percent of Americans make over 75k.  Jobless claims rose to 299k.  Jobs in the energy sector had the highest number of job cuts since 2012. With a population, around 316 million and 94 million are not in the labor pool how can we be close to fully employed.  America is still in massive debt and the FED has many people waiting to see if they will raise their interest rates.  The verbal easing Yellen keeps spewing has become intolerable.  One person will say they are raising rates is what will happen then the other will say no that we will wait.  The reality is that if they do raise the rates the trillions in bonds, trade derivatives would create a mass of bank runs and the same banks that control the FED wall St. banks would implode.  It would also crush equity markets the many corporations that took massive loans to cover there debt and had to buyback shares.  The impact would be devastating for the main players, most of all the FED would become unable to control the economic conditions.  The FEDs policy is really designed to take wealth from the largest population and has systematically been wiping out the middle class.  They do not really care about the numbers of employment or income they want to keep the current financial system just the way it is.  The FED will protect it’s self and the banks, they know that foreign cash will shrink the long-term rates and they can always print to cover their own debts if need be.

Green-spun out

“Gold and economic freedom are inseparable”-Alan Greenspan

             Let us just say that economic growth falters or asset prices start to fall, then what?  What will happen to the market?  Would the FED just start printing away?  The end of QE and the bond purchasing program not only drops the bond markets and overvalued stocks, it makes silver and gold look extremely bearish. Many factors could be playing into this with the Swiss Gold Initiative, Ebola, fear and other geopolitical concerns. All of these affect the market in an odd way since we see a huge demand for gold, yet the price is falling with demand growing, it hardly seems right. The analysts will do the blame game, and try to make sense out of it, who better to blame but the FED. Especially convenient when past members of the FED are blaming the system that they created or put in place.

  Greenspan stated that the FED’s balance sheet “is just a pile of tinder” and gold is a good place to invest, because he feels it will rise “measurably” in the next five years.  After 19 years at the FED, seems odd that he would slander the way they have been handling things, even with his successor Bernanke still in power, yet he said the FED “fell short of its goals” when it came to economic growth and unemployment.

 Alan had been on or near wall street since the 40s and knows his way around money and economics. During his time with the FED he used standard Taylor rule of economics, that every percent that inflation rises, the central bank should raise interest. This was not the view or beliefs Alan had from the 1960s. Greenspan seemed to have been a huge advocate for gold, in fact he published an article on Gold and Economic Freedom in 1966. Some of his statements in it are jaw dropping knowing now what he has done while in the FED, saying gold was a great way to save your money and was pumping up the gold standard. Just like what he is stating now, yet in 1966 gold was $35 an once.

 This was of course before he was a member of the FED or a consultant for President Ford, Bush and Regan. At this time his job and focus was being an economic consultant for his own company, backed by beliefs non-existent of his time in the FED.  From 1987 to 2005 Alan did not partake in any broadcast interviews unlike Bernanke his successor who makes regular public statements trying to gain assurance of the media and people, trying to gain transparency instead of the secretive past of the FED.  Greenspan before and while serving in the FED was also Director of Foreign Relations and served as director of huge corporations like JP Morgan, Mobil General Foods and many more. He even assisted Nixon as coordinator on domestic policy. Alan was regarded like a rock star to politicians and the financial world, until some bad calls were made, then the subprime mortgage crises that tarnished his reputation.

What is Alan really saying that you have less than five years before the market collapses, so you are welcome for the QE handout, now move over to gold?  Greenspan may be feeling guilty for the years he helped drain the money supply; he now is on a buy gold campaign when he is clearly a monetarist.  He is a major manipulator and is a key player in where we are today and 4 trillion dollars in debt.  Now he goes back after all we have suffered though, as if we do not know that PMs are a way to insure our money.  Is he just talking to the elite, because he knew the way to grow the economy in 1966 and did a 180 turn.  What is really happening here is major market manipulations; they sell paper gold from $1300 down to $1200. Manipulators are then guaranteed volume to be able to buy at traders stops.  Then they buy back positions at $1200 (if they can see the order books) then make money again when it rebounds, voila.