“We’re running out of nations to plunder. We’ve plundered Syria. We’ve plundered Libya. We’ve plundered Ukraine and stole their Central bank gold. By plundered I mean steal the central bank gold in all those nations. We plundered Tunisia and stole theirs. We plundered Cyprus, confiscated money. Now we’re turning to our allies and plundering them.”
Dr. Jim Willie joins me to discuss the alleged end of QE, the great trouble brewing in Japan that has been caused by the US. Currency wars in Asia, Dollar on life support, great demand for Gold with little or no supply.
“You have the choice between owning fiat currency and owning real gold. And I think right now the only thing that’s keeping gold from going ballistic is the false belief that the FED is the lone holdout in this race to the bottom, that the FED is out of the QE business and is going to be raising rates, and when people find out that is wrong and when they find out that we’re going to do more QE than Japan and Europe combined, they’ll realize they’ve jumped out of the frying pan and into the fire.” – Peter Schiff, CEO, Euro Pacific Capital
… “Greenspan ought to know how hot the fire is going to get – he lit it!”
First of all, my brothers, I wanted to let you know that things will all soon be fixed in the contractual, derivative silver and gold markets! You heard me correctly, things will be made “right as rain”, and all those responsible for helping the fraud and rigging within these markets will be brought to justice! Wanna know why? Well, look no further than this latest announcement by the CFTC!
Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today launched CFTC SmartCheck, a new national campaign to help investors identify and protect themselves against financial fraud. The comprehensive campaign includes a new website, a national advertising campaign and interactive videos that will help investors spot investment offers that are potentially fraudulent. The new website, SmartCheck.CFTC.gov, unveiled today, is an educational tool that helps investors conduct background checks of financial professionals.
Chinese gold demand remains very strong throughout week 46 (November 10 – 14), withdrawals from the vaults of the Shanghai Gold Exchange (SGE) accounted for 52 tonnes. The year to date counter has reached 1,761 tonnes.
Below you can see a screen shot of the Chinese weekly SGE report disclosing total withdrawals.
In a few days the Swiss people will go to the polls to decide whether the Swiss central bank is to be required to hold 20% of its reserves in the form of gold. Polls show that the gold requirement is favored by the less well off and opposed by wealthy Swiss invested in stocks. http://snbchf.com/gold/swiss-gold-referendum-latest-news/ These poll results provide new insight into the real reason for Quantitative Easing by the Federal Reserve and European Central Bank.
First, let’s examine the reasons for these class-based poll results. The view in Switzerland is that a gold backed Swiss franc would be more valuable, and a more valuable franc would increase the purchasing power of wage earners, thus reducing their living costs. For the wealthy stock owners, a stronger franc would reduce Swiss exports, and less exports would reduce stock prices and the wealth of the wealthy.
Renowned hacker Guccifer, who accessed the private emails of numerous top military, political and intelligence leaders, told the New York Times that a city in Pennsylvania is the target of a nuke attack in 2015. Guccifer also revealed that he is sitting on an archive of hacked emails that have not been publicly released.
Most people are aware that baking soda (bicarbonate of soda/sodium bicarbonate) has a multiple of uses such as that in cooking, but not so many know that it also has a number of health benefits.
Baking soda was known for its medicinal purposes as far back in time as ancient Egypt. Naturally occurring sodium bicarbonate called natron was harvested from dry lake beds… Then, fast forward to 1846 in New York, it was put into commercial production for the first time.
Baking soda as sodium bicarbonate is made naturally in the pancreas, used to achieve homeostatic balance in our bodies by raising the body’s pH towards alkalinity to counter the effects of acidity. If the body goes towards acidity too much then this could result in ill health.
A week after stunned Tribeca woke up to news of a grizzly death in which a Citigroup managing director living on Greenwich Street was found dead in his bathtub with a slashed throat and the lack of a suicide weapon on the scene suggesting there was foul play involved, another banking executive was killed over the weekend, when 54-year-old Melissa Millian, a senior vice president at MassMutual, was found lying in a road in Simsbury, Connecticut, having been stabbed in the chest.
The political-financial elite will never formally acknowledge gold as a currency. Formally, it is more likely that standard drawing rights, via the IMF’s balance, will dovetail with the U.S. dollar’s drift away from reserve status.
The irony of course, is that the political-financial elite of the West is basically synonymous with the IMF – especially the United States. But formal admission or official re-institution will never occur.
Instead, a return to hard money will grow from the shadows, as more and more mainstream investors are forced out of the current financial ponzi. Awareness lies buried in the libraries of bureaucracy in the form of suffocating regulations that protect the elite from us.
Russian Energy Minister Alexander Novak says Moscow is considering a possible cutback in oil production to help end the drop in prices, but there appears to be little it can do without harming its own energy sector.
“The issue [of production cuts] requires careful consideration,” Novak told reporters in Moscow. “But on the whole, this question is being discussed, but there are no final decisions on it.”
He said the issue was thorny because Russia doesn’t have the technology to manipulate its supplies quickly. Besides, he said, the country’s budget relies heavily on income from oil exports. Russia can’t balance its budget unless the average price of oil is about $100 a barrel.
Electricity prices are already increasing at record levels and Environmental Protection Agency rules will only force power prices up even higher as the agency finalizes a slew of regulations aimed at the power sector.
A report by Energy Ventures Analysis found that the EPA underestimates how much its power plant regulatory regime will raise electricity and natural gas prices by imposing new regulations on power plants, most recently being the agency’s rules to cut carbon dioxide emissions from new and existing power plants.
I have been suggesting that the U.S. economy would likely be unable to meet current estimates of sustained and robust economic growth of 3% or more due to the global slowdown. Despite ongoing Central Bank interventions, the deflationary pressures in the Eurozone and Japan are likely to flow back to the U.S. sooner rather than later.
Just over a week ago, Japan fell into a recession as economic growth and inflation failed to gain traction despite the Bank of Japan’s massive internal stimulus program. This, of course, is really no surprise as Japan has been fighting disinflationary pressures in their country for the last 30 years as shown in the chart below. Japan’s internal struggle with an aging population, lack of savings and accelerating debt/GDP ratios continue to plauge economic prosperity.
The murders of John F. Kennedy, Robert F. Kennedy and Dr. Martin Luther King were all orchestrated by the same group. How can I be sure? I can be sure by a simple preponderance of circumstantial evidence which overwhelmingly connects the three most important and horrific assassinations in the 20th century.
All three men shared a similar goal of not becoming more deeply involved in the Vietnam War and they paid for it with their lives. John F. Kennedy sought to avoid the Vietnam War because he saw it as a military quagmire that would burn American resources, needlessly waste American lives and would ultimately hurt his legacy as a president who oversaw an unwinnable war.
Over the past several years there has been a long string of deaths in the financial community.
Top executives and advisers in the banking industry have been dying off in droves, and often under very peculiar circumstances. This year alone has seen 16 banker deaths, with most of them ruled as suicides. Now we can chalk that number up to 17, with the death of Shawn Miller of Citigroup. Miller was found dead in his apartment with his wrists and throat slashed, and the case is now being investigated as a suicide. He was apparently a well known advocate for responsible business practices.
Police believe Miller killed himself, Detective Martin Speechley, an NYPD spokesman, told Bloomberg News Wednesday. However, the official cause of death will remain a mystery until the autopsy report is concluded. Miller “was highly regarded at Citi and across the financial services industry as a leader and tireless advocate for environmental and sustainable business practices,” top managers at Citigroup wrote in a letter to staff in his department, Bloomberg reported.
On behalf of Matterhorn Asset Management, financial journalist Lars Schall talked with highly respected Singapore-based fund manager Grant Williams about, inter alia: the philosophy of gold and money; gold as “power money”; the bad effects of central bank interventions; the Swiss Goldinitiative; and the question whether gold will become the ultimate bubble in the future after the bubbles in bonds and equities will have popped.
Fears that President Obama would follow executive amnesty with moves to assimilate immigrant communities into a new America that entrenches multiculturalism and acceptance of large government—in other words, an America that differs in important ways from the country we once knew—are being sadly confirmed. The White House on Friday quickly followed the president’s controversial executive order by announcing the formation of a task force that in fact attempts to do just that.
The presidential memorandum, which can be read here, states:
Our success as a Nation of immigrants is rooted in our ongoing commitment to welcoming and integrating newcomers into the fabric of our country.
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