Showing posts with label German. Show all posts
Showing posts with label German. Show all posts

Thursday, June 22, 2017

Sunday, December 21, 2014

UK, French, German Citizens Wish to See EU Policy More Independent From US

Europeans just realized it's going to be a cold winter and they need Russia's oil and gas.

http://sputniknews.com/europe/20141219/1016035474.html

Saturday, December 6, 2014

Monday, August 18, 2014

Shocking Truth About The Missing U.S. & German Gold Hoards

Until the brain-dead traders (longs) stop settling in cash--and start taking physical delivery, the charade in the paper gold markets can continue.  Once a commercial default (non-delivery) occurs, the house of cards in London and at the COMEX will come tumbling down.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/19_Shocking_Truth_About_The_Missing_U.S._%26_German_Gold_Hoards.html

Thursday, August 8, 2013

Bill Gross on the Battle of the Somme in 1916

In the first decade of the 20th century, British war colleges and their generals were philosophically trapped by the successful strategies of a prior era – an era before the invention of a functional machine gun. They felt that machine guns might dampen the spirit of their fighting forces. What counted was the horse and the sword. Britain’s cavalry training manual of 1907 in fact stated that “the rifle or machine gun, effective as it is, cannot replace the devastation produced by the speed of the horse, the magnetism of the charge, and the terror of cold steel.”

The British were to experience the horror of their inability to adapt at the Battle of the Somme in 1916. German and British lines were separated by only 300–400 yards and millions of pounds of barbed wire. After several weeks of intense mortar barrage, which the British felt would leave German trenches in shambles, the Brits were ordered to advance on the German lines – each three feet apart, at a deliberate pace, wearing 65 pounds of gear. The soldiers heard their generals’ whistle at the break of an early July dawn, climbed over the top and advanced slowly. They were accompanied by officers on horseback flashing steel sabers, confident that the charge would psychologically and then physically overwhelm the mortar-battered Germans in a matter of minutes.

Instead, they were met by 1,000 German machine guns. The Germans, it seems, had burrowed themselves for weeks, 50–100 feet underground, surviving the mortars relatively intact. And their generals were well-versed in British tactics – always charging at the break of dawn, always blowing loud shrieking whistles, always advancing three feet apart with horses and bayonets of a bygone era. But the Germans believed in machine guns, not horses. Within the first few minutes there were 30,000 dead and wounded. By the end of the day there was not a single British soldier alive that had penetrated German barbed wire. Machine guns cut them down like scythes harvesting wheat. The few that reached German trenches were incinerated by German flamethrowers, another 20th century technological invention. The Somme was the biggest disaster in the history of British arms, and perhaps history’s bloodiest single slaughter. During the extended battle, one million British and German soldiers were killed or wounded, yet it was Britain’s not Germany’s temporary Waterloo, based on their failure to adapt to a new age.

Wednesday, July 10, 2013

Game Over - “It’s All A Farce, The Fed & German Gold Is Gone”

Scheisse!

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/9_Game_Over_-_Its_All_A_Farce%2C_The_Fed_%26_German_Gold_Is_Gone.html
And by the way, Eric, we may own some of the gold that Germany thinks that they own.  But Germany will never see that gold because it’s safely stored in my account (and) for our investors at the Hong Kong International Airport.

Regarding that gold, which could have had the symbol of the Bundesbank on it when it arrived in Hong Kong, a leading refiner, one of the biggest in the world that deals with the People’s Bank of China (PBOC), certified that, ‘Yes, we’ve got gold available that we can deliver.  We’ve melted it down, we’ve tested it.  It may have had the Bundesbank symbol on it when it arrived, but now it’s melted down .9999 (fine) gold.’ 

That’s how it works in practice.  So the Fed gold, that Americans think is theirs, is gone.  The gold that the Germans have been told they will get back in 7 years, they’ll never get back because it doesn’t exist anymore (at the Fed).  I own it.  The People’s Bank of China owns it.  The Reserve Bank of India owns it.  The central bank of Russia owns it.  But the people of Germany (and America) don’t own it.”

Tuesday, May 28, 2013