Tag Archives: Money

The Great Gold Conspiracy

“The precious metals markets have tremendous potential for investors. But they are also wrapped up in great mystery — deliberately so.

Gold is the worst understood financial market. Most official data about gold is actually disinformation. […]

Many of you have heard about the looting of Europe that was undertaken by the Nazi German occupation during World War II. But most of that looting did not take place at the point of a gun. No, it took place through the currency markets.

This looting through the currency markets was spelled out by the November 1943 issue of a military intelligence letter published by the U.S. War Department, a letter called Tactical and Technical Trends. Of course the Nazi occupation seized whatever central bank gold reserves had not been sent out of the occupied countries in time. But then the Nazi occupation either issued special occupation currency that could not be used in Germany itself or, in countries that had fairly sophisticated banking systems, took over the domestic central bank and enforced an exchange rate much more favorable to the reichsmark. Or else the Nazi occupation simply printed for itself and spent huge new amounts of the regular currency of the occupied country. This control of the currency markets drafted every resident of the occupied countries into the service of the occupation and achieved a one-way flow of production — a flow out of the occupied countries and into Germany.”


There are several fascinating accounts of German Intelligence operations involving gold and currency in occupied countries, including concentration camp money production. Look them up.

Spying: “Money is for Nothing and Chicks are Free”

“Smartphones and e-mail might be revolutionising espionage, but old-style personal spycraft is as important as ever when it comes to protecting — or breaking — state and corporate secrets.

But while the skills of electronic snooping are important, where information ends up can come down just as much to private deals put together in anonymous offices by spy chiefs, companies and powerful individuals.

“People using intelligence resources for their own private ends?” he said. “I’d love to say it doesn’t happen. Doing someone a favour, maybe getting yourself a nice position on a board when you go into the private sector? It happens. Even in the United States.”


Famous Writers’ Earnings

Lapham’s Quarterly prepared a chart of salaries of famous novelists, not monies earned from writing but rather from day jobs, those which allow one to survive while writing and publishing (figures adjusted to inflation):