Interview with a Drug Smuggler: Banking, Money & Finance in Central America

Interview with a Drug Smuggler: Banking, Money & Finance in Central America Day 2 Part 4 (1988)

The illegal drug trade in Panama includes trans-shipment of cocaine to the United States. The 1989 United States invasion of Panama to topple President Manuel Noriega was justified in part by the need to combat drug trafficking. Noriega, the dictator of Panama from 1983 to 1989, had a relationship with the U.S. Central Intelligence Agency (CIA) from the 1950s. More recently, Mexican cartels such as Sinaloa have been active in Panama.


Although the relationship did not become contractual until 1967, Noriega worked with the U.S. Central Intelligence Agency (CIA) from the late 1950s until the 1980s.[2] In 1988 the U.S. Drug Enforcement Administration indicted him on federal drug charges.[3][4]
The 1988 Senate Subcommittee on Terrorism, Narcotics and International Operations concluded that "The saga of Panama's General Manuel Antonio Noriega represents one of the most serious foreign policy failures for the United States. Throughout the 1970s and the 1980s, Noriega was able to manipulate U.S. policy toward his country, while skillfully accumulating near-absolute power in Panama. It is clear that each U.S. government agency which had a relationship with Noriega turned a blind eye to his corruption and drug dealing, even as he was emerging as a key player on behalf of the Medellín Cartel (a member of which was notorious Colombian drug lord Pablo Escobar)." Noriega was allowed to establish "the hemisphere's first 'narcokleptocracy'".[5]
One of the large financial institutions that he was able to use to launder money was the Bank of Credit and Commerce International (BCCI) which was shut down at the end of the Cold War by the FBI. Noriega shared his cell with ex-BCCI executives in the facility that is known as "Club Med".
As a result of the 1989 invasion of Panama by the United States, Manuel Noriega was removed from power, captured, detained as a prisoner of war, and flown to the United States. Noriega was tried on eight counts of drug trafficking, racketeering, and money laundering in April 1992. Noriega's U.S. prison sentence ended in September 2007;[6] pending the outcome of extradition requests by both Panama and France, for convictions in absentia for murder in 1995 and money laundering in 1999, respectively. France was granted its extradition request in April 2010. He arrived in Paris on April 27, 2010,[7] and after a re-trial as a condition of the extradition, he was found guilty and sentenced to seven years in jail in July 2010.

http://en.wikipedia.org/wiki/Illegal_...

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GERALD CELENTE & JAMES TURK - GoldSeek Radio - Oct 11, 2013

 James Turk is founder of GoldMoney.com, which operates the leading digital gold currency. He also publishes the Freemarket Gold & Money Report, an investment newsletter he founded in 1987. Previously, after a decade with the international department of Chase Manhattan Bank, he managed the commodity department of the Abu Dhabi Investment Authority. His media appearances include GoldSeek.com, CNN, Bloomberg, CBSMarketWatch, CNBC, Barron’s, the Wall Street Journal, and Financial Sense Online.





Gerald Celente
The Trends Research Institute
The Martial Artist of Trend Forecasting —The purpose of trend forecasting is to provide insights and directions in anticipation of what the future may bring – and to be prepared for the unexpected. Gerald Celente, a Close Combat practitioner and black belt trainer, well understands the importance of proacting rather than reacting: "The first rule of Close Combat is to attack the attacker. Action is faster than reaction. The same holds true for the future. You know the future is coming … attack it before it attacks you."
Founder of The Trends Research Institute in 1980, Gerald Celente is a pioneer trend strategist. He is author of the national bestseller Trends 2000 and Trend Tracking (Warner Books) – "Far better than Megatrends," and publisher of the internationally circulated Trends Journal newsletter.
Political Atheist — Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is "think for yourself," observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be.
Like a doctor giving a diagnosis after gathering the facts, whether or not you like the prognosis doesn’t alter the outcome, make him an optimist or pessimist – it’s simply what is. And while Celente holds a US passport, he considers himself a citizen of the world.
Globalnomic® Trend Forecaster — Using his unique perspectives on current events forming future trends, Gerald Celente developed the Globalnomic® methodology which is used to identify, track, forecast and manage trends.
The world's only trends analyst covering 300 diversified trends fields, Gerald Celente and the Trends Research Institute provide trend research studies and consulting services to businesses and governments worldwide. Celente also designed the nation’s first professional course in trend forecasting.
The proof is in his past — Gerald Celente has earned his reputation as "The most trusted name in trends" by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends. Among them:
Celente coined the term "clean foods" in 1993 and predicted sustained growth in organic products in 1988.
When gold was at $275 per ounce in 2002, Celente said the price had bottomed and in 2004 forecast the beginning of the "Gold Bull Run." Since that time, with pinpoint accuracy, he said when, why - and how high - gold would go. *youtube.com recording.