Read the article below (with a typo or two) by Gerald Celente and see the video:
Goldman Sachs behind Food Crisis Worldwide ?
by Gerald Celente, Trends & Forecasts
We're in the midst of a global food crisis — the second in three years. It's one factor fueling uprisings and protests in Tunisia, Egypt, and elsewhere. World food prices hit a record in January, driven by huge increases in the prices of wheat, corn, sugar and oils. Contributing Editor for Harper's Magazine Frederick Kaufman warns there's a direct link between the sky rocketing cost of food and Wall Street, particularly Goldman Sachs who own major shares of food commodities.I wonder how hard the banks lobbied for "ethanol" knowing that it would increase the value of their food positions?This is dliberate by UN and IMF causing food shortages, currency manipulation. artificial inflation, forced austerity etc, and uses firms like Goldman .
We're in the midst of a global food crisis — the second in three years. It's one factor fueling uprisings and protests in Tunisia, Egypt, and elsewhere. World food prices hit a record in January, driven by huge increases in the prices of wheat, corn, sugar and oils. Contributing Editor for Harper's Magazine Frederick Kaufman warns there's a direct link between the sky rocketing cost of food and Wall Street, particularly Goldman Sachs who own major shares of food commodities.I wonder how hard the banks lobbied for "ethanol" knowing that it would increase the value of their food positions?This is dliberate by UN and IMF causing food shortages, currency manipulation. artificial inflation, forced austerity etc, and uses firms like Goldman .
See the video and writeup here
1 COMMENTS:
Other than neglecting one or two large Swiss firms [and near monopoly positions in a few of the metals], Kaufman is right on the money so to speak.
You may be interested in what Frank Veneroso presented at the World Bank a few years ago and can be found on his company's site. In the same vein, work done by one of Citi's commodity heads, the late Alan Heap. Additionally Steve Briese at his Committment of Traders site or a close look into the ICE and its initial founders [to include GS and BP] even an IMF study and some work from Oxford.
Anyone who actually analysed global/national real economy fundamentals post-1997 could see the contradiction developng into a mania, certainly assisted by loopholes in the 2000 CFMA and CFTC failure to provide sufficient information re. swap dealers and indexers.
Regards
AJS
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