Perhaps the new stage of war will be that of a financial one. Of course most wars have be for money and power which of course go hand in hand.

Waging a war overseas can only be ultimately won by massive ground forces ... of course it does help throwing in a couple of a-bombs as a large threat ... but no one really wants nuclear obliteration.

The wepaons of financial destruction have been put in place. The US with the massive bailouts have enlisted the future of all its citizens whether they know it or not ...

There are those who feel the war on Iraq .. the disdain for Venezuela is rooted in their desire to be paid in something other than US currency ... be it gold or Euro, The US supremacy ends when the international currency is no longer the US$ and coountries around the world can pay for the world commodity (oil) in other currencies.

The western world have been strong allies of the U.S. .... perhaps no more.

ECB-Gold reserves rise by 1 mln euros in week

Tue, Nov 11 2008, 14:27 GMT
http://www.afxnews.com

FRANKFURT, Nov 11 (Reuters) - Gold and gold receivables held by euro zone central banks rose by 1 million euros to 220.193 billion euros in the week ending Nov. 7, the European Central Bank said on Tuesday.

Net foreign exchange reserves in the Eurosystem of central banks rose by 22.8 billion euros to 361.1 billion euros, the ECB said in its regular weekly consolidated financial statement.

Gold holdings rose mainly as a result of purchases by 1 euro zone central banks, and this was consistent with the 2004 Central Bank Gold Agreement, the ECB said.

For details of the report, please see the website: http://www.ecb.int/press

Keywords: ECB/RESERVES

(Frankfurt Newsroom +49 69 756525, frankfurt.newsroom@reuters.com)

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Wow ... no wonder the prices rose overnight ... the international crimes being committed by the fed is becoming increasingly obvious .... hidden allocation of US funding ... Ted Butler's revelations regarding silver manipulation to JP Morgans beenfit in the BS takeover.

HIde your gold ... get it offshore ... owning it may not be enough ... we are in for an FDR type devaluation of the $.

Orgy