A secret agenda for President Obama’s planned trip to South Africa?
President Obama’s planned trip to South Africa has attracted media attention, but not so obvious is the purpose of his visit. The Centre for Strategic and International Studies suggests: “President Obama’s planned trip offers an opportunity to reenergise US engagement on a continent where US influence is waning. It is often not realized that the South African economy is the largest in Africa by far and that the US has been by far the largest investor in South Africa since her independence from Britain. Indeed the biggest South African gold mines are owned by Anglo-American corporations. It was therefore surprising to see South Africa invited to join the BRICS economic alliance, an opposition to the Western economic power bloc.
China, Russiand South Africa (BRICS countries) collectively produce nearly 750 tonnes of gold per year. The USA, Canada and Australia together produce only 650 tonnes per year. These major producers together control over half the annual global production. Charts indicate that the world is fast reaching peak gold production and China keeps all the gold they produce. With several indications that the BRICS countries are gearing up for a take-over of economic power from the West with a sound gold-backed currency, and the timing for this is getting closer, the possibility of another more important matter may be on the private agenda for Obama’s planned trip.
South Africa’s curious membership of BRICS may well serve the interests of the US – either as a conduit of key financial and strategic information from the BRICS community to the US or as a secret agent of US commercial and banking hegemony. While numerous financial experts warn about the coming global economic meltdown, South Africa, once the world’s leading gold producer, is winding down to the lowest level in decades. Something is in the making ??? Will this curious relationship lead to tripping up BRICS plans at the right moment?
Whats the use of this stupid retarded metal called gold, besides needing a bit for industry ? I think its stupid, it has no other value. Unless if you make bullets out of it. Ownership is childish.