The 13th General Election Results - A Blessing In Disguise For BN, Specifically For UMNO - By Matthias Chang (13/5/13) PDF Print E-mail
By Matthias Chang   
Monday, 13 May 2013 11:22


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Last Updated on Monday, 13 May 2013 11:57
 
Euphoria Phase Turns Into The Parabolic Phase - By Toby Connor (10/5/13) PDF Print E-mail
Toby Connor   
Friday, 10 May 2013 12:57

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Gold: Who’s Selling Who’s Buying Who’s Lying - By Darryl R Schoon (10/5/13) PDF Print E-mail
Darryl R Schoon   
Friday, 10 May 2013 08:14

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US Stocks – Another Ominous Record Falls - By Pater Tenebrarum (10/5/13) PDF Print E-mail
Pater Tenebrarum   
Friday, 10 May 2013 08:10

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World Bank Whistle-blower: “Precious Metals To Serve As An Underpinning For Paper Currencies” - By Tekoa Da Silva (10/5/13) PDF Print E-mail
Tekoa Da Silva   
Friday, 10 May 2013 08:02

Bull Market Thinking

I had the opportunity yesterday to speak with one of the western world’s most courageous and astute women, Karen Hudes, Former Senior Counsel to the World Bank—now turned whistle-blower.

It was a powerful conversation, as Karen spent 20 years with the World Bank as an attorney and economist, before being “let-go” after reporting internal fraud and corruption.

During the interview Karen indicated that the world is rapidly changing, with western power structures breaking down, economic & political influence gravitating to BRICs nations, all amid a pending currency transition which will highly favour precious metals.

Starting out by discussing the shocking centralized power she witnessed while working at the World Bank, Karen explained that, “A study done by three [Swiss] systems analysts who used mathematical modelling [shows] how the [world's] 43,000 transnational corporations were being controlled through interlocking corporate directorates. There’s a group of 147 companies, most of them are financial institutions, and what they’ve done, is through the interlocking directorates, they control 40% of the net worth of these [43k] companies, and 60% of their earnings…so that group has been using the presidency of the World Bank as kind of a puppet to dominate the world—that’s [now] finished.”

A major shock to that centralized power base, according to Karen, was the recent move by BRICs nations leaders to bypass the World Bank for their financing needs, by establishing their own development bank. “As the BRICs [nations] economic power grows,” she explained, “they’re not going to be strangled anymore through the grabbing [of] their resources…So their decision to start their own development bank was their way of letting [world] governments know…that its time to end this corruption.”



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