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U.S. Hegemony, Oil, and Precious Metals
The Underground Investor has an interesting interview concerning the Federal Reserve and the banks that own it, and how they have been controlling the world economy since 1913 using leveraged futures contracts on the oil, silver, and gold commodities markets in New York and London. The interview goes on to discuss how Europe, in concert with Russia and China could break this dominance. It is a fantastic, well thought out and interesting read, and I highly recommend it.
The interview offers some insightful history and presents the interesting-if-disputed abiogenic theory of oil as an alternative to peak oil.
The full text of the interview between Mr. Lars Schall of chaostheoren.de and oil expert F. William Engdahl, author of Gods of Money can be seen at The Underground Investor blog.
Tags: banking, China, Federal Reserve, gold, JP Morgan, JPM, peak oil, Russia, Silver, Underground Investor
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