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Chinese East-Asian Diaspora asks for Renminbi Internationalisation by 2015

Posted by Ivo Cerckel on 29th November 2011

ASEAN is the Association of South-East Asian Nations.

Its ten members are: The Philippines Brunei-Darussalam, Cambodia, Indonesia, Laos. Malaysia, Myanmar, Singapore, Thailand, and VietNam

The Asean Framework for Regional Comprehensive Economic Partnership, on the other hand, aims to enhance the Asean’s relationship with its trading partners, which include China, Korea, Japan, Australia and New Zealand.. (1)

The East Asian Summit meeting was held in Bali, Indonesia, on November 17-19th (2)

At that Summit, ASEAN beefed up various frameworks for cooperation and development within the region and with its trading partners, in preparation for regional economic integration by 2015. (1, again)

For regional trade, you need a (regional) currency, not a worthless piece of green paper.

This comes at the moment that China is taking steps to nurture growth of the fledgling market for its currency, the renminbi, also known as the yuan, outside its borders. (3)

As I said, eight years ago:
Nothing prevents the rest of the planet from copying what the Chinese are doing and keep gold (the Mona Lisa) in the strong rooms (the Louvres) of its central banks and mark it to market (MTM) price
(not to the model of 44 dollar an ounce or so like the Fed, the US central bank)
on a regular basis.
+
Every individual of the planet would then be free to copy the concept of FreeGold.
In that case, every increase in the price of gold, would lead to an increase in the value (of the reserves) of the central bank and/or the individual.
Just like it would never enter the mind [of the] owner of the Mona Lisa daily to organise a “test-auction” to establish what today’s value of his wealth is, neither do the Chinese organise test auctions. Once FreeGold will have arisen, gold will continuously be auctioned … freely and on a global basis. (4)

Can the dots be connected?

Ivo Cerckel
honestmoney@maktoob.com

NOTES

(1)
Asean beefs up cooperation in finance, trade
Regional economic integration by 2015 eyed
By: Abigail L. Ho
Philippine Daily Inquirer 8:26 pm | Monday, November 28th, 2011 http://business.inquirer.net/32575/asean-beefs-up-cooperation-in-finance-trade
SNIPS
The Association of Southeast Asian Nations is beefing up various frameworks for cooperation and development within the region and with its trading partners, in preparation for regional economic integration by 2015.
+
The Asean Framework for Regional Comprehensive Economic Partnership, on the other hand, aims to enhance the Asean’s relationship with its trading partners, which include China, Korea, Japan, Australia and New Zealand..

(2)
The new A.S.E.A.N. Bali record
A Global View
By DR. BETH DAY ROMULO
November 28, 2011, 11:41pm
http://www.mb.com.ph/articles/342958/the-new-asean-bali-record
SNIP
MANILA, Philippines — Over the years, since its founding in 1967, the summit meetings of the Association of Southeast Asian Nations (ASEAN) have come and gone, sometimes attracting Western media and political attention and often, not. Beginning as a modest regional grouping of five Southeast Asian countries, ASEAN meetings today have grown to include the world’s major powers. The ASEAN plus 3, meeting, for example, includes Japan, China, and South Korea. And now we have the East Asian Summit meeting which was held in Bali, Indonesia, on November 17-19th and was co-hosted by Philippine President Benigno Aquino III and US President Barack Obama, with the leaders of Australia, China, India, Japan, South Korea, New Zealand, and Russia attending.

(3)
China Pushes to Buck Up Yuan Market
Deposit Growth Slows in Hong Kong; Currency Is No Longer Seen as a Sure Bet for Gains
By LINGLING WEI And FIONA LAW
NOVEMBER 28, 2011, 5:24 P.M. ET
http://online.wsj.com/article/SB10001424052970204753404577065780072642756.html
SNIP
BEIJING—China is taking steps to nurture growth of the fledgling market for its currency outside its borders, in an apparent effort to restore its momentum amid a slowdown in world trade.

(4)
With Chinese Freegold from a reserve currency to a world standard
by Ivo Cerckel
Tuesday, 2 September 2003
http://www.free-europe.org/english/2003/09/with-chinese-freegold-from-a-reserve-currency-to-a-world-standard/
replace “derivates” in the text with “derivatives”
+
Here’s update of that post:
With Chinese FreeGold from a reserve currency to a world standard
Posted by Ivo Cerckel on September 11th, 2009
http://bphouse.com/honest_money/2009/09/11/with-chinese-freegold-from-a-reserve-currency-to-a-world-standard/

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Charlemagne, Merkozy, and Duisenberg

Posted by Ivo Cerckel on 27th November 2011

Germany, France plan quick new Stability Pact: report
BERLIN | Sat Nov 26, 2011 7:11pm EST
http://www.reuters.com/article/2011/11/27/us-eurozone-integration-ecb-idUSTRE7AQ00F20111127
SNIP
BERLIN (Reuters) – German Chancellor Angela Merkel and French President Nicolas Sarkozy are planning more drastic means – including a quick new Stability Pact – to fight the euro zone sovereign debt crisis, Welt am Sonntag reported on Sunday.

The Sunday newspaper reported in an advance before publication that if necessary Germany and France were ready to join a number of countries in agreeing to tough budget discipline.
The report, which echoed a Reuters report on Friday from Brussels, quoted German government sources as saying that the crisis fighting plan could possibly be announced by Merkel and Sarkozy in the coming week.

The report said that because it would take too long to change existing European Union treaties, euro zone countries should avoid such delays be agreeing to a new Stability Pact among themselves – possibly implemented at the start of 2012.

It could be similar to the Schengen Agreement that allows for uninhibited cross border travel for citizens in countries that take part.. Among the countries in the Stability Pact there would be a treaty spelling out strict deficit rules and control rights for national budgets.

The European Central Bank should also emerge more as a crisis fighter in the euro zone. The ECB is independent and governments cannot tell it what to do. But the expectations on the ECB are clear, Welt am Sonntag wrote.
“Based upon these measures, there should be a majority within the ECB for a stronger intervention in capital markets,” Welt am Sonntag said. It quotes a central banker as saying: “If the politicians can agree to a comprehensive step, the ECB will jump in and help.”
UNSNIP

Upon receiving the Charlemagne prize for Aachen in 200, European Central Bank president Duisenberg said:
[....], money is, in essence, a social contract
+
The euro is the first currency that has not only severed its link to gold, but also its link to the nation-state.
http://www.ecb.eu/press/key/date/2002/html/sp020509.en.html

A social contract between the citizens of the area using the money,
not a public contract between the guv’mints established on that area.

Here’s the full quote:
What is money? Economists know that money is defined by the functions it performs, as a means of exchange, a unit of account and a store of value. But, just as importantly, money is also defined by the community for whom it performs these functions. Because it is an economic instrument for each of its users, it is also a political and cultural bond between them. Consider this simple fact: we engage in an exchange of goods and services everyday by using money as the means of exchange; and we offer our labour in exchange for money, which, in itself, has no value. We only do this because we believe that we will, in turn, be able to exchange that money for more goods or services. This fact tells us much about the confidence that we place in money itself. And it tells us much more about the confidence that we place in each other. Hence, money is, in essence, a SOCIAL CONTRACT.
The euro, probably more than any other currency, represents the mutual confidence at the heart of our community. It is the first currency that has not only severed its link to gold, but also its link to the nation-state
(International Charlemagne Prize of Aachen for 2002
Acceptance speech by Dr.. Willem F. Duisenberg, President of the European Central Bank, Aachen, 9 May 2002
http://www.ecb.eu/press/key/date/2002/html/sp020509.en.html

Upon receiving the same Charlemagne prize for Aachen in June 2011, his successor, Jean-Claude Trichet, said:
The {Maastricht] Treaty has mandated the ECB to keep safe the money of Europe’s citizens [not the governments established on euroland]
http://www.ecb.int/press/key/date/2011/html/sp110602.en.html

THREE QUESTIONS :

1.
Is this about the buying of “sovereign” debt only or about the buying of debt of non-central banksters and guv’mints?

2.
Euro severed link to the nation state.
Euro has thus no business with sovereign debt?
That follows from the Duisenberg 2002 Charlemagne speech.

3.
ECB did not sever link to central and non-central banksters in euroland.
Non-central banksters could thus after the new treaties be bailed out?
This would not violate the Duisenberg 2002 Charlemagne speech?

POSSIBLE ANSWER TO THE THREE QUESTIONS:
The euro has (in the meantime) severed the link also from the Maastricht criteria of the Stability and Growth Pact of Jacques Delors.

Ivo Cerckel
honestmoney@maktoob.com

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Lettre Ouverte à Marine Le Pen

Posted by Ivo Cerckel on 26th November 2011

SOMMAIRE

En réponse à la débauche du système monétaire international depuis 1971, lorsque Nixon aurait sevré le dernier lien de la monnaie avec l’or, une architecture, nommée Freegold, a été mise en place qui va enfin sevrer le lien de la monnaie avec l’or et donc changer l’architecture économique et la structure du pouvoir.

Freegold signifie que l’euro se divise en une partie or et une partie papier,
et qu’un pare-feu a été institué entre les deux afin d’éviter que le prix de l’or en tant que préservateur de fortune ne puisse dégringoler par l’inflation inévitable de la partie papier des devises circulantes.
pare-feu afin d’éviter que le bafouage des critères de Maastricht du Pacte de Stabilité de Croissance de Jacques Delors n’entraîne la caducité du contrat par lequel les personnes de zone euro ont institué l’euro

Ron Paul plaide pour un système (tel celui de l’euro) construit de telle façon que les choix humains émergent spontanément.’

FIN DU SOMMAIRE

Madame le Président,

Excusez mon accent, mon orthographe, ma grammaire, ma syntaxe etcetera !

Vous semblez convenir avec Ron Paul quant à la nécessité d’une refonte du système monétaire international et la mise en place d’un étalon Or afin de stopper la spéculation mondiale.

“Or”, vous voulez que la France “sorte” de l’euro afin de ne plus devoir subir les sacrifices imposés à la zone euro en vertu des critères de Maastricht du Pacte de Stabilité et de Croissance de Jacques Delors.

La semaine qui vient de s’écouler, la semaine après votre “Discours prononcé le samedi 19 novembre 2011 à Paris à l’occasion de la présentation de votre Projet Présidentiel”, cité ci-dessous, a clairement démontré que ledit Pacte n’a rien à voir avec l’euro, mais a uniquement été institué afin de permettre aux bureaucrates non élus de la Commission européenne de s’immiscer dans l’approbation ou le rejet des budgets nationaux.

Afin d’éviter que le bafouage dudit Pacte de Jacques Delors n’entraîne la caducité du contrat par lequel les personnes de zone euro ont institué l’euro, un pare-feu (appelé aussi coupe-feu, garde-barrière ou “firewall” en anglais), un système permettant de protéger l’euro contre les politiciens démocratiques qui veulent toujours imprimer (digitalement) plus de sous pour leurs politiques démocratiques, tel le bail-out, a été institué entre l’euro et ses réserves d’or..

Freegold signifie que l’euro se divise en un partie or et une partie papier, et qu’un pare-feu a été institué entre les deux afin d’éviter que le prix de l’or en tant que préservateur de fortune ne puisse dégringoler par l’inflation inévitable de la partie papier des devises circulantes.

Ceci explique pourquoi l’euro ne souffre pas sur les marchés des changes. Et certainement pas dans la mesure du bafouage du Pacte de Jacques Delors.

La monnaie est, en effet, un contrat par lesquelles les personnes dans une société conviennent de ce qui constituera la monnaie et instituent une autorité monétaire à cet effet, a dit le président Wim Duisenberg de la Banque centrale européenne (BCE) en mai 2002 en recevant le prix Charlemagne d’Aix-la-Chapelle.

Le Traité de Maastricht de 1992 a confié à la BCE un mandat qui est de préserver la valeur de la monnaie des citoyens européens a enchérit le président Jean-Claude Trichet en recevant le même prix en juin 2011..

Les Léviathans de la zone euro ont conclu un second contrat, un “Pacte”, le Pacte de Stabilité et Croissance, les normes de Maastricht pour l’Union Economique et Monétaire, qui sont ouvertement bafouées par “nos” gouvernements démocratiques.

L’euro, dont on nous disait avant 1999 qu’il était impossible sans ledit Pacte, ne souffre pas sur les marchés des changes et certainement pas dans la mesure du bafouage du Pacte.

La caducité en droit civil (oui, oui, français, pas belge) est la sanction d’un élément essentiel du contrat qui est présent lors de la formation du contrat et qui disparaît lors de son exécution.

BIS (TER ?) REPETITA PLACET

Afin d’éviter que le bafouage dudit Pacte des Léviathans n’entraîne la caducité du contrat par lequel les personnes de zone euro ont institué l’euro,
un pare-feu (appelé aussi coupe-feu, garde-barrière ou “firewall” en anglais), un système permettant de protéger l’euro contre les politiciens démocratiques qui veulent toujours imprimer (digitalement) plus de sous pour leurs politiques démocratiques, tel le bail-out, a été institue entre l’auro et ses réserves d’or.

Freegold signifie que l’euro se divise en une partie or et une partie papier, et qu’un pare-feu a été institué entre les deux afin d’éviter que le prix de l’or en tant que préservateur de fortune ne puisse dégringoler par l’inflation inévitable de la partie papier des devises circulantes.

FIN DE LA REPETITION

C’est l’évaluation par trimestre des réserves d’or du Système Européen des Banquestères Centraux (SEBC) le Système euro, au prix de marché (mark to market(-price) (MTM)) pas au modèle de 42,2 dollars (35 dollars en 1944 lors de la conclusion des Accords de Bretton Woods) comme le banquestère central américain.

L’euro et Freegold coexistent afin de se complémenter, sans interaction entre les deux. C’est de cette façon-la que l’euro obtient sa légitimité démocratique. Tout comme Charles-Louis de Secondat, baron de La Brède et de Montesquieu (1689 – 1755), divisait Léviathan en trois branches et appelait son idée la “séparation des pouvoirs”, Freegold sépare la partie or et la partie papier de la devise. Alors que la séparation des pouvoirs politiques n’a toujours pas été atteinte, le pare-feu, que constitue le MTM, garantit que la séparation soit effective.

Et Duisenberg dès lors d’ajouter dans son allocution lors de la réception du Prix Charlemagne d’Aix-la-Chapelle en 2002 que l’euro est la première devise qui a coupé le lien non seulement avec l’or mais également avec l’état-nation.

Le sevrage du lien avec l’état-nation signifie que l’actuelle crise de la dette n’engendra pas l’hyperinflation en eurolande parce que eurolande ne peut être forcée de supporter les dettes des pays … endettés..

La caducité du Pacte de Stabilité de Jacques Delors le rend inefficace. Elle atteint ce Pacte valable lors de sa formation, mais sans rétroactivité pour l’avenir seulement. A la différence de la nullité où la tare de l’acte est originelle, elle provient d’un élément postérieur à la conclusion du contrat, comme la résolution pour cause d’inexécution. A la différence de celle-ci, elle tient à un évènement indépendant de la volonté de l’auteur de l’acte, faisant disparaitre un élément fondamental du contrat, tel que l’objet de l’obligation. Elle ressemble à la survenance d’un terme extinctif, mais s’en distingue par le fait que le terme est de survenance certaine, dès la conclusion du contrat.
(Philippe Malaurie, Laurent Aynès et Philippe Stoffel-Munck, “Les Obligations”, Paris, Defrénois, Lextensio Editions, 2011, paragraphe 668)

Le sevrage du lien avec l’état-nation signifie que l’actuelle crise de la dette n’engendra pas l’hyperinflation en eurolande parce que eurolande ne peut être forcée de supporter les dettes des pays … endettés, terme dont la survenance était certaine, dès la conclusion du Pacte de Jacques Delors.

C’est précisément cela que Ron Paul veut en remarquant que tant Aristophane en 400 avant Jésus Christ, l’Ancienne Egypte et l’Ancien Testament, attiraient l’attention de leurs lecteurs sur la malhonnêteté des autorités monétaires coïncidait avec les excès d’agression étrangère.

Et Ron Paul de déplorer que depuis 1971 le dollar n’est convertible qu’en soi-même et de plaider pour un système [tel celui de l’euro] construit de telle façon que les choix humains émergent spontanément.

Il me semble dès lors que votre opposition justifiée à l’imposition des critères de Maastricht du Pacte de Stabilité de Croissance de Jacques Delors devrait vous conduire à la conclusion que l’architecture de l’euro n’est peut-être pas si mal.

Je reste à votre disposition pour tout complément d’information.

Entre temps, il y a mon blogue.
http://bphouse.com/honest_money

ENCORE UNE FOIS, une dernière fois :

En réponse à la débauche du système monétaire international depuis 1971, lorsque Nixon aurait sevré le dernier lien de la monnaie avec l’or, une architecture, nommée Freegold, a été mise en place qui va enfin sevrer le lien de la monnaie avec l’or et donc changer l’architecture économique et la structure du pouvoir.

Le concept de base de cette architecture non-débauchée existe depuis 20 ou 30 ans.

La deuxième décennie du 21me siècle, ou plutôt l’année 2012, devra convaincre les états d’eurolande, dont le Président de la République française, de l’existence de cette nouvelle architecture qui nous emmène loin des faux étalons et qui doit faire face à l’opposition des intérêts établis.

Ceci pourrait bien être le véritable enjeu de la campagne présidentielle, à défaut de quoi cette campagne deviendrait caduque.

Veuillez agréer, Madame le Président, l’expression de ma parfaite considération.

Ivo Cerckel
honestmoney@maktoob.com

Fait à Siquijor, le 26 novembre 2011

SOURCES:

Communiqué de presse de Louis Aliot, Vice-président du Front National
Communiqués / 3 novembre 2011 / Mots-clefs :Crise économique, Etats-Unis /
http://www.frontnational.com/2011/11/communique-de-presse-de-louis-aliot-vice-president-du-front-national/
EXTRAIT
Contrairement à ce qui a été annoncé par certains médias imprudents, Marine Le Pen a bel et bien rencontré Monsieur Ron Paul après s’être entretenue longuement avec les spécialistes financiers de son équipe.
Ils ont notamment évoqué la nécessaire refonte du système monétaire international et la mise en place d’un étalon Or afin de stopper la spéculation mondiale.
FIN DE L’EXTRAIT

Discours de Marine Le Pen prononcé le samedi 19 novembre 2011 à Paris à l’occasion de la présentation de son Projet Présidentiel..
http://www.frontnational.com/2011/11/discours-de-marine-le-pen-au-banquet-des-mille/
EXTRAITS
Aujourd’hui plus que jamais, l’ordre marchand fait sa loi en Europe contre la volonté des peuples, il démet les dirigeants et place aux postes de responsabilité leurs employés de banques en Grèce, en Italie…
Dans quel but ? si ce n’est d’imposer partout en Europe aux peuples exténués de nouveaux sacrifices destinés à sauver le dogme sacré de nos élites européistes, le veau d’or de l’euro et à enrichir toujours plus… l’ordre marchant. On n’est jamais mieux servi que par soi-même, me direz-vous ?
+
Et que dire de l’euro, le dogme suprême qui asphyxie depuis des années nos économies, tue nos industries, étouffe nos emplois ?
Ce dogme intouchable qui nous visse aux pieds le boulet de la dette des autres pays, la Grèce, l’Irlande, le Portugal, qu’on nous oblige à renflouer sans cesse, pour rien, sans débat, sans vote, alors que nous avons déjà une dette himalayenne de 1700 milliards d’euros !
Comment accepter d’alourdir notre propre dette de 60 milliards supplémentaires, pour rien, quand on demande dans le même temps des sacrifices à nos retraités, nos travailleurs, nos PME, nos fonctionnaires ?
Cessons de baisser les yeux face à ces maîtres illégitimes, ces perroquets qui répètent en boucle leurs dogmes absurdes depuis des années, des lustres, des décennies, alors même que les faits leur donnent cruellement tort !
Ces maîtres illégitimes qui nous ont engagés malgré nous dans une course folle, une fuite en avant tragique pour tenter de sauver leur euro. Quitte à tout détruire : notre modèle social, nos retraites, nos services publics, notre patrimoine
FIN DES EXTRAITS

Duisenberg: [....], money is, in essence, a social contract
+
The euro is the first currency that has not only severed its link to gold, but also its link to the nation-state.
http://www.ecb.eu/press/key/date/2002/html/sp020509.en.html

Trichet : Le Traité de Maastricht de a confié à la BCE un mandat qui est de préserver la valeur de la monnaie des citoyens européens
http://www.ecb.int/press/key/date/2011/html/sp110602.fr..htm

Even in 400 B.C., as Aristophanes explains, and in ancient Egypt as described in the Old Testament, dishonesty in maintaining sound money, coincided with the absence of moral leaders and excesses in foreign aggression.
(Ron Paul, “End the Fed”, New York et Boston, Grand Central Publishing, septembre 2009, 1ère éd., pp. 200-201)

Since 1971, the dollar is not redeemable in anything but itself
+
Washington should get out of the way and let another system built on human choice emerge spontaneously.
(Ron Paul, “Liberty Defined – 50 Essential Issues That Affect Our Freedom”, New York et Boston, Grand Central Publishing, avril 2011, 1ère éd., “Monetary Policy”, 198, pp. 199 & 202)

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Europese Commisie vangt bot in België

Posted by Ivo Cerckel on 23rd November 2011

De Maastricht criteria van het Stabiliteits- en Groeipact hebben geen uitstaans met de euro, doch zijn enkel bedoeld om de onverkozen bureaucraten van de Europese Commissie toe te laten de nationale begrotingen goed- of af te keuren.
Zonder Belgische begroting, hebben genoemde bureaucraten een probleem in België.

Peter Vandermeersch, de voormalige hoofdredacteur van De Standaard, heeft vanuit Nederland een brief geschreven naar Zijne Majesteit Koning Albert. De Koning moet ‘desnoods de onderhandelaars met de koppen tegen elkaar slaan’.
(‘Koning moet de onderhandelaars tegen mekaar slaan’
woensdag 23 november 2011, 13u20
Auteur: bbd
http://www.standaard.be/artikel/detail.aspx?artikelid=DMF20111123_085

Hier is die brief:
‘België danst op de rand van een vulkaan. Het is een ramp, ramper, rampst’
De brief van Peter Vandermeersch aan de Belgische Koning
23 november 2011
http://www.nrcnext.nl/blog/2011/11/23/de-brief-van-peter-vandermeersch-aan-de-belgische-koning/

Vandermeersch schrijft dat er dringend een goevernement moet komen, want zonder die Leviathan zakt het land in elkaar. Dan komt België onder curatele van Europa en het IMF, besluit Vandermeersch.

Hier mijn antwoord:

Mijnheer Vandermeersch,

Hebt U nog steeds niet begrepen dat de Maastricht criteria van het Stabiliteits- en Groeipact niks met de euro te maken hebben?

De waarde van de euro hangt af van haar goudreserven.

FreeGold means that the euro has a gold component and a paper component, and puts a “firewall” between both so that gold’s valuation as a wealth-preserving asset cannot be pulled lower by the inevitable inflation of the paper component of circulating currencies. It is the (quarterly) marking to market (MTM) of the gold reserves of the European System of Central Banks (ESCB) , not to the Bretton Woods model of $42.2 like the USA central bank (originally $35), by the ESCB which provides that wall.
http://bphouse.com/honest_money/2011/11/08/vive-le-veritable-gdf-le-groupe-de-francfort-post-in-english/

Et pour les Flamings, la même chose :
Vous voulez dire la faillite du pacte de stabilite et croissance.
L’euro ne souffre pas sur les marches des changes.
+
Afin d’éviter que le bafouage dudit Pacte des Léviathans n’entraine la caducité du contrat par lequel les personnes de zone euro ont institué l’euro
un pare-feu (appelé aussi coupe-feu, garde-barrière ou FIREWALL en anglais), un système permettant de protéger l’euro contre les politiciens démocratiques qui veulent toujours imprimer (digitalement) plus de sous pour leurs politiques démocratiques, tel le bail-out,
a été institue entre l’auro et ses reserves d’or.
+
Freegold signifie que l’euro se divise en un partie or et une partie papier, et qu’un garde-barrière a été institué entre les deux afin d’eviter que le prix de l’or en tant que préservateur de fortune ne puisse dégringoler par l’inflation inévitable de la partie papier des devises circulantes.
http://www.thomas-aquin.net/PHPhorum/read..php?f=1&i=13813&t=13691

De euro is nog steeds niet aan het zwoegen op de wisselmarkten.

Dit is wel degelijk het bewijs dat de Maastricht criteria geen uitstaans hebben met de euro, doch enkel, zo blijkt deze week duidelijk, bedoeld zijn om de onverkozen bureaucraten van de Europese Commissie toe te laten de nationale begroting goed- of af te keuren.

Van al die naties (”horum omnium”), “fortissimi sunt Belgae”, zei Caius Iulius Caesar in “De Bello Gallico”.
Zij hebben geen begroting.
De Europese Commissie vangt bot.

Er is geen begroting die het voorwerp kan zijn van “le bon plaisir” van die bureaucraten.

Acht jaar geleden schreef ik nog niet over die vuurvaste muur tussen de goudreserven van het ESCB en de eurobiljetten.
Met Chinees Vrijgoud op weg van reservemunt naar wereldstandaard
Ivo Cerckel
29 augustus 2003
http://www.libertarian..nl/wp/2003/08/met-chinees-vrijgoud-op-weg-van-reservemunt-naar-wereldstandaard/

Ivo Cerckel
honestmoney@maktoob.com

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Déclaration de Doha du Forum des pays exportateurs de gaz

Posted by Ivo Cerckel on 16th November 2011

Clôture du premier Sommet du Fpeg
Adoption de la Déclaration de Doha
16-11-2011
De notre envoyée spéciale à Doha
Bahia Aliouche
http://www.latribune-online.com/evenement/60139.html
EXTRAIT
Le premier Sommet du Forum des pays exportateurs de gaz (Fpeg), dont les géants russe et qatari, a été couronné par l`adoption de la Déclaration de Doha. Laquelle Déclaration intervient afin de préserver les intérêts des pays producteurs et exportateurs de gaz devant les grandes mutations mondiales.
Les participants à ce Sommet se sont, à ce titre, mis d’accord sur la nécessité de coordonner les efforts entre eux, et ce, afin de promouvoir l’industrie gazière mondiale
.«L’établissement d’un mécanisme pour des prix équilibrés du gaz indexés sur les prix du pétrole constitue aussi un impératif pour la promotion de l’industrie mondiale du gaz», a indiqué hier, lors d’une conférence de presse tenue à l’issue du Sommet, Mohammed Salah Essada, ministre qatari de l’Energie et de l’Industrie.
FIN DE L’EXTRAIT

Ivo :
C’est très bien d’établir un mécanisme pour des prix équilibrés du gaz indexés sur les prix du pétrole, mécanisme qui constitue aussi un impératif pour la promotion de l’industrie mondiale du gaz.

Mais les prix du pétrole sont libellés en dollar.

Or, depuis le 15 août 1971,
date à laquelle le président Nixon mettait fin aux accords de Bretton Woods
qui liaient le dollar à un taux fixe à l’or
et toutes les autres monnaies au dollar,
“on” ne respecte plus les distinctions réelles
entre la monnaie et les choses sans valeur.
La dollar ne correspond plus à rien.

C’est précisément à cause de cela que nous nous trouvons en crise
depuis celle du pétrole en 1973.

Feu le Président Duisenberg de la Banque Centrale Européenne a dit en mai 2002, lors de sa réception du prix Charlemagne d’Aix-la-Chapelle, que la CONFIANCE que nous, les citoyens de la zone euro, plaçons en la monnaie unique résulte de notre confiance mutuelle, c’est-à-dire résulte de la confiance que nous avons en nos collègues citoyens. (1)

Duisenberg disait que l’euro est la première monnaie qui a sevré (cessé l’allaitement d’un enfant, dit le Larousse) le lien non seulement avec l’or mais également avec l’ETAT-NATION
(the euro is the first currency that has not only severed its link to gold, but also its link to the NATION-STATE.)

En recevant le même prix en juin 2011, le président Trichet de la BCE a confirmé que
Le Traité [de Maastricht] confie à la BCE un mandat qui est de préserver la valeur de la monnaie des citoyens européens
http://www.ecb.int/press/key/date/2011/html/sp110602.fr.html

Ivo Cerckel
honestmoney@maktoob.com

(1)
we engage in an exchange of goods and services everyday by using money as the means of exchange; and we offer our labour in exchange for money, which, in itself, has no value. We only do this because we believe that we will, in turn, be able to exchange that money for more goods or services. This fact tells us much about the CONFIDENCE that we place in money itself. And it tells us much more about the confidence that we place IN EACH OTHER
http://www.ecb.eu/press/key/date/2002/html/sp020509.en.html

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One Talent of Dishonest Wealth

Posted by Ivo Cerckel on 13th November 2011

What Does Jesus Mean When He Tells Us To Makes Friends For Ourselves Through our Use of “Dishonest Wealth?”
By: Msgr. Charles Pope
November 09, 2011
http://blog.adw.org/2011/11/what-does-jesus-mean-when-he-tells-us-to-makes-friends-for-ourselves-through-our-use-of-dishonest-wealth/

I am looking forward to Msgr. Pope’s Homily for this Sunday November 13, 2011, thirty-third Sunday Year A (Matthew 25,14-31)

25:14 For the kingdom of heaven is as a man travelling into a far country, who called his own servants, and delivered unto them his goods.

25:15 And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey.

Project of Homily:
Werken voor Gods koninkrijk
13 november 2011,
drie-endertigste zondag (Spreuken 31,10-31 – Matteüs 25,14-31)
by Father B.J. De Clercq o.p.
https://prekers.byethost4..com/aaj33jaar.doc
SNIP
A talent is a piece of precious metal of at least 35 kilograms with a value of 6,000 or more dinars, 6.000 times a daily wage .
UNSNIP

I’m the guy who received only one talent.
I’m a thalidomide-monster and unable to work..
I am not living on the costs of the community.
I let the value of my golden talent increase and sell as needed for my daily expenses..

25:24 Then he which had received the one talent came and said, Lord, I knew thee that thou art an hard man, reaping where thou hast not sown, and gathering where thou hast not strawed: 25:25 And I was afraid, and went and hid thy talent in the earth: lo, there thou hast that is thine.

25:26 His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed: 25:27 Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.

Ivo thought Jesus expelled the money changers from the Temple …

25:28 Take therefore the talent from him, and give it unto him which hath ten talents.

Ivo Cerckel
honestmoney@maktoob.com

Matthew 25,14-31

The Gospel According to Saint Matthew
Chapter 25
http://atheism.about.com/library/KJV/gospels/bl_bib_matt25.htm
SNIP

25:14 For the kingdom of heaven is as a man travelling into a far country, who called his own servants, and delivered unto them his goods.

25:15 And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey.

25:16 Then he that had received the five talents went and traded with the same, and made them other five talents.

25:17 And likewise he that had received two, he also gained other two.

25:18 But he that had received one went and digged in the earth, and hid his lord’s money.

25:19 After a long time the lord of those servants cometh, and reckoneth with them.

25:20 And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more.

25:21 His lord said unto him, Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord.

25:22 He also that had received two talents came and said, Lord, thou deliveredst unto me two talents: behold, I have gained two other talents beside them..

25:23 His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord.

25:24 Then he which had received the one talent came and said, Lord, I knew thee that thou art an hard man, reaping where thou hast not sown, and gathering where thou hast not strawed:

25:25 And I was afraid, and went and hid thy talent in the earth: lo, there thou hast that is thine.

25:26 His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed:

25:27 Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.

25:28 Take therefore the talent from him, and give it unto him which hath ten talents.

25:29 For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath.

25:30 And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth.

25:31 When the Son of man shall come in his glory, and all the holy angels with him, then shall he sit upon the throne of his glory

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The euro is alive and kicking, thankyou!

Posted by Ivo Cerckel on 13th November 2011

This is a currency crisis in Europe? I completely agree,,,,,,,,,the dollar will never work!

If this is a crisis of the euro, show me what’s wrong with the management of the euro.
http://www.usagold.com/goldtrail/archives/goldtrailtwo.html

Here’s from my notes of a 28 September 2011 speech in Antwerp by Frans baron Van Daele, chief of staff of EU president Van Rompuy, to the alumni of Leuven University (Van Daele’s main job being the presidency of Alumni Lovaniensis);

QUOTE (or rather translation):
existential crisis as a result of an error in the design of EMU (“een constructiefout in EMU” )
the common interest of 17 euro states is being endangered
there is a flaw
THE FLAW = one has imposed budgetary discipline
but that does not suffice – it has appeared
Greenspan has brought too much money in circulation
The survival of Western civilisation depends upon the euro
UNQUOTE

This poster wants to know what’s wrong with the management of the euro, not the USA dollar..

The problem is the construction/interpretation of the euro as if its existence depended on the Maastricht criteria of the Stability and Growth Pact.

ECB chief Trichet’s predecessor Duisenberg said in 2002 upon receiving the Charlemagne Prize in Aachen that
the euro is the first currency that has not only severed its link to gold, but also its link to the nation-state
http://www.ecb.eu/press/key/date/2002/html/sp020509.en.html

Upon receiving the same prize in June 2011, he, Trichet himself, said:
The {Maastricht] Treaty has mandated the ECB to keep safe the money of Europe’s citizens [not the behinds of the the guv’mints established on euroland]
http://www.ecb.int/press/key/date/2011/html/sp110602.en.html

Screw all recipients of tax money!

Ivo Cerckel
honestmoney@maktoob.com

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Screw the fake Jean-Claude Trichet and his Vice Traitor, Lucas Papademos! Vive le véritable GdF – le Groupe de Francfort

Posted by Ivo Cerckel on 8th November 2011

Screw the fake Jean-Claude Trichet and his Vice Traitor, Lucas Papademos.
The Vice was appointed Greece’s next prime minister

and will thus certainly not follow the example of the Philippines
http://bphouse.com/honest_money/2011/11/05/greece-should-follow-the-example-of-the-philippines/

Tory alarm at rise of the ‘Groupe de Francfort’
November 8 2011 12:01AM
http://www.thetimes.co.uk/tto/news/politics/article3219590.ece
SNIP
Tory MPs have united with smaller members of the eurozone in alarm at the emergence of the “Groupe de Francfort”, an informal gathering of high-powered figures to take key decisions on the single currency.
UNSNIP

Comments (1)
QUOTE
J-C
November 7, 2011 11:06 PM
Democracy in action – EU style
UNQUOTE

Ivo:
The article starts by saying that the GdF is to take key decisions on the single currency.

What has (a) “currency” to do with “democracy”?

The EEC treaty entered into force on 01 January 1958.

It was in 1964, that’s only six years later, that France started its redeeming of dollars into gold, said president Charles de Gaulle in his 4 February 1965 “exorbitant privilege” (under the 1944 Bretton Woods Agreement ) interview.

FreeGold means that the euro has a gold component and a paper component, and puts a “firewall” between both so that gold’s valuation as a wealth-preserving asset cannot be pulled lower by the inevitable inflation of the paper component of circulating currencies. It is the (quarterly) marking to market (MTM) of the gold reserves of the European System of Central Banks (ESCB) , not to the Bretton Woods model of $42.2 like the USA central bank (originally $35), by the ESCB which provides that wall.

The value of the euro does not depend on the finances of the governments established on euroland.
The value of the euro depends on the gold reserves of the ESCB which are marked to market (-price) on a quarterly basis.
The ECB is the guardian of the euro – not of the governments established on the area where the euro is legal tender.
ECB chief Wim Duisenberg said in 2002 upon receiving the Charlemagne Prize in Aachen that
the euro is the first currency that has not only severed its link to gold, but also its link to the NATION-STATE.
http://www.ecb.eu/press/key/date/2002/html/sp020509.en…html
Upon receiving the same prize in June 2011, his successor, Jean-Claude Trichet, said:
The {Maastricht] Treaty has mandated the ECB to keep safe the money of Europe’s citizens [not the governments established on euroland]
http://www.ecb.int/press/key/date/2011/html/sp110602.en.html

Or do you think that because the other GdF, Gaz de France, is a state monopoly, G20 president Sarkel, not Merkozy, had the right to try to use France’s G20 presidency to force last week’s Cannes summit into denying the euro’s nature by forcing it into the straitjacket of the Masstricht criteria of the 1992 Stability and Growth Pact.

It failed?

Qu’est-ce que nous constatons?

Vive le véritable GdF !

Screw the fake Jean-Claude Trichet and his Vice Traitor, Lucas Papademos.   Vive le véritable GdF!

The previous-investment trap is the belief that time, effort, and money spent in the past [defending the thesis that Stability-and-Growth-Pact democracy is a necessary condition for the existence of the euro] must be considered when taking a decision in the present, said my teacher, the late Harry Browne.

Ivo Cerckel
honestmoney@maktoob.com

What? He was not appointed?

Last updated: November 7, 2011 10:01 pm
Greek leaders fail to appoint PM
By Kerin Hope in Athens
http://www.ft.com/intl/cms/s/0/e68578e8-0964-11e1-a20c-00144feabdc0.html#axzz1d5DY7CbR

So Greece still can follow the example of the Philippines
and mark its gold reserves to market on a monthly basis,
not just on a quarterly basis like the European System of CentraL Banksters?
http://bphouse.com/honest_money/2011/11/05/greece-should-follow-the-example-of-the-philippines/

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Greece should follow the example of the Philippines

Posted by Ivo Cerckel on 5th November 2011

1.
FreeGold means that the euro has a gold component and a paper component, and puts a “firewall” between both so that gold’s valuation as a wealth-preserving asset cannot be pulled lower by the inevitable inflation of the paper component of circulating currencies. It is the (quarterly) marking to market (MTM) of the gold reserves of the European System of Central Banks (ESCB) , not to the Bretton Woods model of $42.2 like the USA central bank (originally $35), by the ESCB which provides that wall.

The talking heads are still confusing the governments established on euroland with the euro.

The talking heads are arguing that if the Greek government leaves euroland, the euro can no longer possibly be legal tender in Greece.

The value of the euro does not depend on the finances of the governments established on euroland..
The value of the euro depends on its gold reserves which are marked to market on a quarterly basis.
The Bangko Sentral ng Pilipinas (BSP), the Central Bank of the Philippines, does even a better job.. It marks the gold reserves of the Philippine peso to market on a monthly basis

The talking heads are also still arguing that European Central Bank (ECB) is the guardian of euroland,
whereas the ECB is only the guardian of the euro (itself).

2.
The 1944 Bretton Woods Agreement linked the US dollar to gold (and all other currencies to the said dollar).

On 15 August 1971, US president Richard Nixon broke the Bretton Woods Agreement.

Whereas before 15 August 1971, the US dollar was a GOLD DERIVATIVE, current International Monetary Fund (IMF) rules (article IV, section 2, (b), of the IMF Articles of Agreement) prohibit members from linking their currencies to gold..
Since that date, the IMF has no more reason of existence.
If the IMF continues to exist, this is in order to support the bankrupt dollar regime, thereby making of gold a DOLLAR DERIVATIVE.
In its turn, the fact that gold is now a dollar derivative makes a mockery of the very IMF prohibition of linking currencies to gold – prohibition from which the fact results

This is what made the creation of the euro necessary.

The euro therefore has gold reserves which are not fixed like under Bretton Woods at $42.22, originally in 1944 when Lord Keynes gathered with others in Bretton Woods for a conference, $35, but are freely floating so that the value of these will not be undermined by money printing for the (Greek) euro bailouts.

To repeat;
FreeGold means that the euro has a gold component and a paper component, and puts a “firewall” between both so that gold’s valuation as a wealth-preserving asset cannot be pulled lower by the inevitable inflation of the paper component of circulating currencies. It is the (quarterly) marking to market (MTM) of the gold reserves of the European System of Central Banks (ESCB) , not to the Bretton Woods model of $42.2 like the USA central bank (originally $35), by the ESCB which provides that wall.

3.
The value of the euro does not depend on the finances of the governments established on euroland.
The value of the euro depends on the gold reserves of the ESCB which are marked to market (-price) on a quarterly basis.

The ECB is the guardian of the euro – not of the governments established on the area where the euro is legal tender.

ECB chief Wim Duisenberg said in 2002 upon receiving the Charlemagne Prize in Aachen that
the euro is the first currency that has not only severed its link to gold, but also its link to the NATION-STATE.
http://www.ecb.eu/press/key/date/2002/html/sp020509.en…html

Upon receiving the same prize in June 2011, his successor, Jean-Claude Trichet, said:
The {Maastricht] Treaty has mandated the ECB to keep safe the money of Europe’s citizens [not the governments established on euroland]
http://www.ecb.int/press/key/date/2011/html/sp110602.en.html

4.
Let Greece leave euroland.

If after its departure Greece still prefers legal tender over free monetary competition, nothing prevents Greece from keeping the euro as legal tender.

Or even better, Greece can follow the example of the Bangko Sentral ng Pilipinas, the Central Bank of the Philippines, and mark its gold reserves to market on a monthly basis, not just on a quarterly basis like the European System of Central Banks.

END-OCTOBER 2011
Forex reserves rise to $75.8B
By: Michelle V.. Remo
Philippine Daily Inquirer
11:33 pm | Friday, November 4th, 2011
http://business.inquirer.net/28553/forex-reserves-rise-to-75-8b
SNIPS
The country’s foreign exchange reserves continued to grow in October and the Bangko Sentral ng Pilipinas said this further shielded the Philippines from the adverse effects of unfavorable economic developments abroad.
The gross international reserves (GIR) amounted to $75.8 billion as of the end of October, up 33 percent from $57.15 billion a year ago. The GIR in September stood at $75.17 billion.
According to the BSP, the rise in the country’s GIR was due mainly to its foreign exchange operations. In cases when upward pressure on the peso was significant, the central bank would intervene in the market by buying dollars to temper volatility.
+
The BSP said the increase in world prices of gold also aided the growth in the foreign exchange reserves in October. A portion of the country’s reserves are in the form of gold. Documents from the BSP showed that of the GIR in October, $7.9 billion were accounted for by the precious metal.
“The appreciable buildup in the reserves level resulted mainly from the foreign exchange operations and income from investments abroad of the BSP as well as revaluation gains in the BSP’s gold holdings,” the BSP said in a statement.
UNSNIP

That’s the example to follow by/for Greece.

Ivo Cerckel
honestmoney@maktoob.com

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Confidential Nazi link of thalidomide exonerates guv’mints – BBC

Posted by Ivo Cerckel on 3rd November 2011

Steve Berman, the lawyer behind the latest USA thalidomide attack against Chemie Grünenthal GmbH , seems IMPLICITLY to be arguing that the fact that thalidomide was developed by the Nazis does not blame but EXONERATES the guv’mints of liability and transfers this liability to Chemie Grünenthal GmbH

3 November 2011 Last updated at 01:18 GMT
What’s happened to Thalidomide babies?
By Frederick Dove BBC World Service
http://www.bbc.co.uk/news/magazine-15536544
SNIP
Campaigns for higher compensation are gaining support – in Germany and elsewhere. Progress has been slow, but that could change dramatically, if proof is found that it was not Chemie Gruenenthal which discovered Thalidomide, as has always been claimed, but scientists working for the Nazi regime.
UNSNIP

COMMENTS
SNIP
•enruit
1 Hour ago
That it was developed by German scientist during the Nazi time is irrelevant for the damage it has done. It was not developed to damage or to kill. In itself there has to be an adequate compensation for the victims of all the costs involved with or without the historical facts. Only when during development there were signs of the side effects extra responsibility isa fact.
Xobbo
1 Hour ago
What’s the connection between the Nazi/non-Nazi origins of the drug and the levels of compensation? The level of suffering doesn’t change. Without any explanation of the link, this article makes very little sense.
UNSNIP

COMMENT REJECTED
Ivo Cerckel
On the other side of the Atlantic, there is a shyster lawyer who IMPLICITLY seems to be arguing that the fact that thalidomide was developed by the Nazis does not blame but EXONERATES the guv’mints of liability and transfers this liability to Chemie Grünenthal GmbH
http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id=31179

Here’s why;
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URL of content (now removed):

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Subject:

What’s happened to Thalidomide babies?

Posting:
11/2/2011 11:41:14 PM by IvoCerckel
URL of content (now removed): http://www.bbc.co.uk/dna/newscommentsmodule/F22350858?thread=8293037&post=110764266#p110764266 Subject: What’s happened to Thalidomide babies? Posting: On the other side of the Atlantic, there is a shyster lawyer who IMPLICITLY seems to be arguing that the fact that thalidomide was developed by the Nazis does not blame but EXONERATES the guv’mints of liability and transfers this liability to Chemie Grünenthal GmbH http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id=31179

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Ivo;
Now, you know. It’s confidential for the BBC bureaucrats

Ivo Cerckel
honestmoney@maktoob.com

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