The Mcalvany Intelligence Advisor
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]mvl H> The McAlvany Intelligence Advisor An in-depth monetary, economic, geopolitical and precious metals analysis IN THIS ISSUE: MAY 1999 I. COUNTDOWN TO WORLD WAR III: CLINTON'S WAR AGAINST YUGOSLAVIA PG. 1 A. AN OVERVIEW OF THE CLINTON/NATO WAR AGAINST YUGOSLAVIA PG. 2 B. A BRIEF HISTORY OF THE BALKANS REGION PG. 5 C. THE CLINTON WAR AGAINST SERBIA: NO STRATEGY/ NO GAME PLAN/NO GOAL OF VICTORY PG. 8 Donald S. McAlvany D. WHY HAVE WE GONE TO WAR AGAINST YUGOSLAVIA PG. 10 Editor E. WHY AMERICA (AND NATO) SHOULD NOT BE IN KOSOVO PG. 14 II. CATCHING THE WAVE IN THE TWO-TIER GLOBAL GOLD MARKET....PG. 21 m. THE WORLD IN BRIEF PG. 22 IV. PRACTICAL CONSIDERATIONS PG. 26 COUNTDOWN TO WORLD WAR III: CLINTON'S WAR AGAINST YUGOSLAVIA "A govermnent which has decided on embarking on make decent people blush when they are subsequently the hazardous and terrible enterprise of war must at the disillusioned." — British Member of Parliament Pon- outset present a one-sided case in justification ofits ac sonhy. Falsehood In Wartime. 1928 tion, and cannot afford to admit in any particular [way] whatever the smallest degree of right or reason on the INTRODUCTION part ofthe people it has made up its mind tofight. The years 1999/2000 continue to be the greatest dan "Facts must be distorted, relevant circumstances ger period for America and the world in the past 50 concealed, and a picture presented which by its crude years — from an economic, financial, social, and geopo coloring will persuade the ignorant people that their litical perspective. Recession or depression (exacerbated government is blameless, their cause is righteous and by a spreading global deflation) have enveloped 40-50% that the indisputable wickedness ofthe enemy is beyond of the planet including Japan, China, and all of Asia; question. Russia; Eastern Europe; Latin America; and is beginning "A moment's reflection would tell any reasonable to creep into Europe and America at this writing. person that such obvious bias cannot possibly represent The most overinflated speculative bubble (or mania) the truth. But the moment's reflection is not allowed; lies in U.S. stock market history, driven by unprecedented are circulated with great rapidity. The unthinking mass greed and an insatiable lust for easily obtained wealth accept them and by their excitement sway the rest. The and riches on the part of the great majority of the Ameri amount ofrubbish and humbug that pass under the name can people has blinded the masses to the dangers in the ofpatriotism in wartime in cdl countries is sufficient to most overpriced stock market in world history. The McAJvany latelligeace Advisor edited by Ooruld S.McAlvany isa monthly analysis ofglobal economic, monetary, and geo-politica] trends which impact the gold and precious meDls mariceis and isexplicitly Qiristian, conservative, and ftee-market in its perspective. Infarmadon con&ined herein has been carefully selected from sources believed reliable, but absolute accuracy cannot be guaranteed. SUBSCRIPTION RATES: Domestic — 12mos. SI15, 24 mos. SI85 Foreign AirMail — 12 mos. S145, 24 mos. S241 SUBSCRIPTION OFFICE: P.O. Box 84904, Phoenix, AZ 85071 © A/7/1, Inc. 1999 MAY, 1999 - P, 2 As the Y2K crisis draws nearer, the great majority Clinton; no danger from the stock market, global finan of Americans have almost completely tuned out to the cial meltdown, Y2K, or the Balkans War seems to phase problem or its potential consequences, reassured by the the American people. There seems to be no evil, no attack Clinton Administration, Wall Street, and the media that on their freedom, no danger, no catastrophe that even it is no big deal, only a speed bump at worst, and not mildly concerns the public. It has been suggested by some worthy of making serious preparations. As a result, since that mass mind control is being applied (perhaps via televi December '98, the number of people concerned about sion) and by othersthat the Lord has tumed overa corrupt, Y2K or making preparations for same has dropped pre decadent American people who reflect the morals of their cipitously. leaders to a spirit ofdelusion or blindness. One measure of such preparations, nationwide sales Whatever the cause, in the opinion of this writer, of dehydrated/freeze dried food reserves, has dropped America is moving into the greatest period of danger in 75% since the beginning of 1999. At this writing, this 1999 and 2000 in its 223 year history — with the most writer would estimate that 85-90% of the U.S. public are incompetent, decadent. Machiavellian leadership in our making little-to-no Y2K preparations, reassured by the history and the great majority of the people almost to "be happy — don't worry" spin campaign emanating tally indifferent to it all. from Washington. This, in spite of the fact that major This issue of MIA (and Part II which will follow in dislocations can still be expected in the year 2000 from June) will analyze one of these growing dangers — the Y2K — regardless of whether or not the power grid Clinton war in Yugoslavia and the potential for a wider goes down. war which could eventuate in a major confrontation with In the wake of the acquittal of Bill Clinton by the Russia, Red China and the emerging New Axis (including U.S. Senate for peijury and other high crimes and misde radical Islam). It will analyze the potential for our highly meanors, and the incredible indifference of the American flawed president leading us into World War HI and per people to Clinton's crimes and moral mendacity, the so haps a nuclear confrontation with the New Axis powers. cial/cultural free fall in America has continued to accel erate. This was underscored on April 20 by the worse A. AN OVERVIEW OF THE massacre in U.S. Wstory of students at a public high CLINTON/NATO WAR school (in Littleton,'Colorado) — perpetrated by a group AGAINST YUGOSLAVIA of alienated teenagers infected by the drug/rock mu sic/occult/pro-gay/neo-Nazi culture of our day. There are On March 24, Bill Clinton began bombing the sover dozens more such tragedies just waiting to happen across eign country of Yugoslavia — the fourth countrv to be America — a byproduct of a culture that is in moral and bombed bv American warplanes in eight months. In the spiritual collapse. 1998 film Wag the Dog, a beleaguered president creates And now Bill Clinton, our recently impeached and a phony war with Albania to distract attention from a morally challenged leader, has led America into a war in serious scandal. The bombing of Yugoslavia by Bill Yugoslavia — a war in which America has no national Clinton is Wag the Dog — Part III. Part I was when or security interest; in which we have attacked a sover Clinton bombed Afghanistan and Sudan last summer at eign nation that did nothing to us or its neighbors; in the height of Monica Lewinsky's grand jury testimony. which we have been killing hundreds of innocent civil A civilian pharmaceutical plant was destroyed in Sudan ians and destroying their cities; a war which is alienating with the loss of dozens of civilian lives. and turning much of the world against America; and Part II was when Clinton bombed Afghanistan two which could draw in Russia and grow into a giant re days before the Congressional impeachment vote last gional, or even world war. December. And Part HI is the present bombing war And as the testosterone challenged U.S. Congress against the Serbs in Yugoslavia — which began two acquiesces to America's (and NATO's) illegal attack on days before the scheduled release of the Cox Congres a sovereign nation and people, and America faces the sional report on Chinese Communist espionage at the growing potential for a land war in the Balkans (where highest levels of the Clinton Administration. Release of World War I began), the American people sleep on — that report has been indefinitely postponed since the be content with their stock market profits and their affluent ginning of Clinton's (and NATO's) war against Yugo way of life; comfortable in their belief that the good life slavia. Clinton believes that the Republicans will not will go on forever and nothing else really matters. have the'courage to raise the espionage issue in the As this writer contemplates the American people's midst of a war. indifference, apathy, and complacency toward the global [ED. NOTE: Top U.S. nuclear secrets including nu financial meltdown; the present stock market bubble/ma clear missile technology and the blueprints for the neu nia; the approaching Y2K crisis; Bill Clinton's high tron bomb have been sold by high Clinton officials to crimes and misdemeanors and disgracing of the office of the Chinese — very possibly with the President's knowl President of the United States; and now America's "war edge and approval.] of national liberation" directed against the peoples of In bo^ George Orwell's classic novel 1984 and Yugoslavia (with all the attendant dangers of a land war Taylor Caldwell's The Devil's Advocate, a "big brother" in the Balkans), this writer sometimes wonders if the socialist dictatorship periodically distracted the people American public have been subjected to some form of with regional wars — a sort of martial version of die old mass mind control. Roman Circuses. For that purpose, a few bad guys had It is as if the American people had been collectively to be kept around — dictators or terrorists which every lobotomized or were brain dead. No affront by President one loves to hate.