“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!”
It will not shock readers to hear that quite often legislation on Capitol Hill is not as advertised. When Congress wants to do something particularly objectionable, they tend give it a fine-sounding name. The PATRIOT Act is perhaps the best-known example. The legislation had been drafted well before 9/11 but was going nowhere. Then the 9/11 attacks gave it a new lease on life. Politicians exploited the surge in patriotism following the attack to reintroduce the bill and call it the PATRIOT Act. To oppose it at that time was, by design, to seem unpatriotic.
At the time, 62 Democrats voted against the Act. On the Republican side there were only three no votes: former Rep. Bob Ney (R-OH), former Rep. Butch Otter (R-ID), and myself.
Marine Le Pen, leader of the populist National Front political party in France and likely France’s next president if the country should last until another election, has picked up the gold repatriation issue by writing to the governor of the central bank, the Banque de France. Le Pen’s letter, translated from French to English, is posted at her party’s Internet site here:
A thorough, documented, criminal indictment of George Herbert Walker Bush, establishing beyond a reasonable doubt his guilt as a supervisor in the conspiracy to assassinate John F. Kennedy. You must see it to believe that former president George Herbert Walker Bush was connected to the assassination of JFK. Once you see this documentary though there should be no doubt in your mind that it’s true. The evidence is overwhelming and as the author of this documentary, John Hankey says, “If we could present this evidence to a jury in Texas, he would pay with his life”. Did you know that Daddy Prescott Bush was Hitler’s chief banker in the U.S. before 1942? Did you know that George H.W. Bush was in the CIA and in Dallas when Kennedy was killed? This video explores the many connections between George Bush and the Kennedy Assassination and makes a very convincing argument that he was the operational leader of the most important coup in American history.
It’s my last article before Sunday’s “decision of a lifetime” – in which the Swiss people not only have the ability to save their finances, reputation and currency but deliver hope to the billions suffering from Central bank monetary atrocity. Sadly, the vast majority don’t understand how divergent the potential paths of humanity that hinge on this vote could be; kind of like in Back to the Future, when Marty McFly’s future is one of misery when he chooses to drag race – and bliss when he doesn’t. However, we assure you the “99%” will take notice of the people taking a stand against TPTB – as they just did in Catalonia and nearly so in Scotland.
We’re certainly not prognosticating “Swiss Bliss” in the event of a yes vote – or, for that matter, Swiss Apocalypse otherwise. After all, Switzerland is still pound for pound, the world’s most powerful financial nation.
There was a huge development reported in the silver market last week and how did the precious metal community respond? They basically ignored it. Go figure. So, I will try again to get the word out by presenting it in a different fashion.
Indian silver demand was so strong this year, that it produced a significant drawdown of U.K. silver inventories. Matter-a-fact, India had to access silver from China and Russia because available supplies from the U.K. were not sufficient.
I continue to watch the action in gold and silver with great interest. Clearly the powers that be are expending an enormous amount of ammunition in order to hold the prices at these suppressed levels. They don’t want any excitement to develop in the sector, so right now they are making a stand at $1,200 in gold and the $16 – $17 area in silver.
Each time the market starts to pull away to the upside, the paper selling hits the market very hard. This is being manifested now in the massive blowout in the open interest in gold, which has risen well over 100,000 contracts.
The fact is that the Western central bank cartel is selling infinitely more paper gold than what is being dug out of the ground, and it’s being done specifically to hold down the price.
Awareness continues to increase surrounding the pervasive dangers of Electromagnetic Fields (EMFs). Our modern world is becoming an electromagnetic soup filled with pulses, radio frequencies, computer screens, wireless signals, as well as personal devices such as cell phones and gadgets that are emitting damaging radiation.
If you are interested in how the U.S. Mint produces Silver Eagles, check out this short video. James Anderson from JM Bullion sent this video my way. What is interesting about the video is that it shows the upgrade in the manufacturing process from 2011 to 2014. You will notice in 2011, the workers were actually loading the Silver Eagles in the tubes by hand. However, by 2014 it was totally automated.
While I haven’t covered the topic of drones very much as of late, it was a core topic at Liberty Blitzkrieg several years ago. The most recent, relevant piece I published on it was during the summer of 2013 and titled: The Truth About Drones. Here’s an excerpt:
A lot of Americans have an impression that drone strikes are less damaging to civilian populations than conventional airstrikes. This would be false. In fact, earlier this month I highlighted an article from the Guardian that demonstrated how in reality drone strikes are 10x more likely to harm civilians per incident. Now, thanks to a recently leaked document we find that many more civilians including children have been killed in these strikes than many of us would like to admit. In fact, of the 746 people killed in drone strikes in Pakistan from 2006-2009, an incredible 20% were civilians and 94 (13% of the total) were children.
I strongly believe that the reason so many Americans blindly support the widespread use of drones is due to the mistaken belief that they are precise and result in few civilian casualties.
Last Thursday, the U.S. Senate’s Permanent Subcommittee on Investigations, chaired by Senator Carl Levin, released an alarming 396-page report that details how Wall Street’s too-big-to-fail banks have quietly, and often stealthily through shell companies, gained ownership of a stunning amount of the nation’s critical industrial commodities like oil, aluminum, copper, natural gas, and even uranium. The report said the scale of these bank holdings “appears to be unprecedented in U.S. history.”
Adding to the hubris of the situation, the Wall Street banks’ own regulator, the Federal Reserve, gave its blessing to this unprecedented and dangerous encroachment by banking interests into industrial commodity ownership and has effectively looked the other way as the banks moved into industrial commerce activities like owning pipelines and power plants.
SGT Report reader Sandman points out that at least according to this Gold Seek chart, Au spiked in the after hours market tonight, touching a brief high of $1,466 before dropping back to $1,200. Take a look. Gremlins in the chart?
In the words of Sandman, is this yet another fat finger or HFT “glitch”? Or a harbinger of things to come…
The fallout from the Missouri grand jury’s decision to acquit the officer accused of killing Michael Brown. Demonstrations are taking place in a number of large cities across the country, including outside the White House in Washington, DC.
Military veterans have penned a letter to National Guard troops urging them not to fight against protesters in Ferguson, but to join them in protests against police instead.
The National guard was drafted into Ferguson early this morning following a flurry of rioting and looting in the wake of a grand jury decision not to indict police officer Darren Wilson. Despite reports prior to the decision that the troops were on hand to help deal with the aftermath, they were only seen arriving after much of the trouble had died down for the night.
Did you know you can juice cannabis without getting ‘stoned’ and enjoy all the benefits that are inherent in this incredible plant?
“If cannabis were discovered in an Amazon rain forest today, I think people would be clamoring to make as much use as they could of all the potential benefits of the plant, I think unfortunately it carries with it, a long history of being a persecuted plant.” ~ Donald I. Abrams, Chief Hematology Oncology.
Cannabis is actually a vegetable, prior to human interference, and has ’34 million’ years of evolution that can be seen as a dietary essential that helps our cells function the best way they can. Cannabis can prevent depression, seizures, and cancer, and it is a medicinal plant that can be added to your green-juices and smoothies to boost their nutritional power for overall health. One woman even used raw cannabis juice to replace 40 toxic pharmaceutical medications and boost her body back to health.
Missouri’s governor ordered more National Guardsmen into Ferguson on Tuesday to keep order after a night of violence over the grand jury decision in the police shooting of Michael Brown, as attorneys for the Brown family lashed out at the authorities’ handling of the case.
Smoke billowed from the blackened shells of burned-out Ferguson businesses on Tuesday, and glass littered the sidewalks in front of stores whose display windows were smashed during the protests that erupted after it was announced that police Officer Darren Wilson wouldn’t be indicted for killing Brown on Aug. 9.
ALL CONTENT ON 'SGTREPORT.COM' AS WELL AS THE 'SGTBULL07' YOUTUBE CHANNEL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'SGTREPORT' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, FUTURES, OR INTRINSICALLY VALUELESS FEDERAL RESERVE NOTES, PRINTED FROM THIN AIR BY A PRIVATELY OWNED, THIEVING, OFFSHORE CORPORATION, OPERATED BY SATAN HIMSELF. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY. THANK YOU. Powered by WordPress & Atahualpa