Sun Tzu wrote The Art of War 2,500 years ago. Because China declared war on American and London banks you might want to read the most revered Chinese writer on military strategies to understand what is coming next.
All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Hold out baits to entice the enemy. Feign disorder, and crush him.
Let’s update the above for 2012 and our Currency Wars. The dollar is dying. There are bank runs in Europe. The Financial Times said the Europeans had to pull gold out of New York because they needed real collateral.
Ben Bernanke is printing dollars which he will swap by the trillions to keep the European banks running. As I said previously, Bernanke will continue printing money until the dollar, the pound and the euro go to zero value. You will have nothing. The bankers will have everything.
Previously I wrote of the Pan Asian Gold Exchange (PAGE), I said it was a declaration of war by the Chines against New York and London banks. They will be offering gold and silver futures contracts which will be redeemable in bullion unlike the COMEX in New York and the LBMA (London Bullion Market Association) which have no gold and silver.