{"product_id":"9780986036262","title":"Gold Wars: The Battle for the Global Economy","description":"Gold Wars: Battle for the Global Economy addresses the grotesque, \u003cp\u003egrowing and unsustainable imbalances in the financial system. As gold is \u003c\/p\u003e\u003cp\u003ethe barmometer of systemic ills, a war on gold—to drive down its price–is \u003c\/p\u003e\u003cp\u003etaking place to hide the negative impacts of fiat currency, shadow \u003c\/p\u003e\u003cp\u003ebanking and central banking on the global financial system.\u003c\/p\u003e\u003cp\u003eStarting with an introductory discussion on the nature of money and the \u003c\/p\u003e\u003cp\u003ebizarre fractional reserve structure currently in place, Mitchell moves on \u003c\/p\u003e\u003cp\u003eto address the massive, but little known systemic pivot point: the \u003c\/p\u003e\u003cp\u003ePetrodollar standard. Tying dollars to oil, this mechanism undergirds the \u003c\/p\u003e\u003cp\u003edollar's reserve status. But soon it will fail with paradigm shifting \u003c\/p\u003e\u003cp\u003econsequences.\u003c\/p\u003e\u003cp\u003eGold Wars features a detailed breakdown of the gross manipulations in \u003c\/p\u003e\u003cp\u003ethe gold market - from nonexistent paper gold, smackdowns, high-\u003c\/p\u003e\u003cp\u003efrequency trading, and ETF's to Central Bank games like \u003c\/p\u003e\u003cp\u003eswapping\/leasing, shell accounting, midnight raids, clandestine gold \u003c\/p\u003e\u003cp\u003emovements and regulatory attacks on investors. Mitchell offers a \u003c\/p\u003e\u003cp\u003eprediction of the results for the gold market: when the manipulation fails, \u003c\/p\u003e\u003cp\u003epaper and physical prices will separate, with the physical selling for \u003c\/p\u003e\u003cp\u003emultiples of paper.\u003c\/p\u003e\u003cp\u003eSimilarly silver, with its own unique characteristics for industry and \u003c\/p\u003e\u003cp\u003einvestment, is also targeted as a potential refuge for flight from paper, \u003c\/p\u003e\u003cp\u003ethough strangely, above-ground gold is now more plentiful than silver. \u003c\/p\u003e\u003cp\u003eAdd to this a silver short position rolling from one institution to another as \u003c\/p\u003e\u003cp\u003eeach fails, a 4-year foot dragging investigation into market fraud, and a \u003c\/p\u003e\u003cp\u003eclass action suit for manipulation and the market has a recipe for a \u003c\/p\u003e\u003cp\u003epressure cooker at maximum.\u003c\/p\u003e\u003cp\u003eWestern banks, lacking the gold to cover their obligations, will eventually \u003c\/p\u003e\u003cp\u003edeclare a force majeure–an event supposedly the result of the elements \u003c\/p\u003e\u003cp\u003eof nature, as opposed to one caused by human behavior–as a pretext \u003c\/p\u003e\u003cp\u003efor settling their obligations in increasingly valueless paper.\u003c\/p\u003e\u003cp\u003eWhere is the resistance to this distortion and corruption of value? Power \u003c\/p\u003e\u003cp\u003eis flowing East as China and Russia have drawn in massive amounts of \u003c\/p\u003e\u003cp\u003egold while denying the inflow. The BRICS will unveil a gold backed trade \u003c\/p\u003e\u003cp\u003enote to supplant the dollar. Simultaneously, they will force the US debt \u003c\/p\u003e\u003cp\u003eback home in exchange for real assets, choking the Fed\/Treasury on the \u003c\/p\u003e\u003cp\u003emountain of paper, and grabbing the financial power. This momentous \u003c\/p\u003e\u003cp\u003eshift is already underway.\u003c\/p\u003e\u003cp\u003eWhat is to be done? Some radical solutions are examined\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Clarity Press, Incorporated","offers":[{"title":"Default Title","offer_id":47010166997232,"sku":"9780986036262","price":24.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780986036262_p0.jpg?v=1763890391","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780986036262","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}