The cartel hit gold hard again on Wednesday selling $1.5 BILLION is paper gold into the market in ONE MINUTE and as JS Mineset’s Bill Holter notes, “$1.5 Billion of gold is close to 2% of global production and to see that sold in one minute is laughable.”
Bill asks, “Who has that amount of gold to sell? And the answer of course is almost no one. And what trader would ever sell in that fashion? And the answer is no one wo would want to keep a job if they were selling for profit. So the sell was obviously to create price, a lower one.”
But as the bond market and rising LIBOR rates are telling us, the system is coming apart at the seams and the coming collapse will cause “our entire world to change.”
This one is a MUST LISTEN. Michael Oliver from Momentum Structural Analysis and writer David Jensen join me to provide the latest evidence of global economic collapse. The biggest bubble in the history of the world is about to pop, and as it does, interest rates will rise quickly causing the whole house of cards to fall.
Michael explains, “The liquidity created by the central banks, instead of going into stocks as it has been, is shifting. the river of flow is shifting into commodities. We are about to have commodity price inflation.”
“We are living through the end phase of a global credit bubble which has been created by short circuiting the gold and silver markets, forcing interest rates down in a secular manner over 35 years. When you have credit tightening in a credit bubble, you have the recipe for the collapse,” David warns.
And as the Bond market bubble pops, inflation will quickly turn into hyperinflation, destroying life as we know it. Buckle up.
The good folks at Sydney’s Radio 2GB have kindly warned us all that this Sunday, the 28th of August, 2016, there is going to be a disaster drill.
Harbourside city in Sydney will be hosting the drill which involves a simulated crash of a Boeing 777 into the area around Barangaroo/Darling Harbour, close to the CBD. Emergency response teams have been planning for this event for the past year!
According to Deputy Police Commissioner Mick Fuller, the simulation’s scenario calls for everyone on board the doomed flight to die in the fiery crash. To add extra gravitas, an additional hundred or so hapless tourists on the ground are anticipated to perish as well.
Precious metal prices traded lower this week in lacklustre trading, until Wednesday, when someone sold 10,000 gold contracts on Comex.
Before that event, the silver price had been hit hard, though Open Interest remained stubbornly high. Gold fell $14 to $1324.5 over the week by early European trade this morning, and silver from $19.30 to $18.63.
It is possible that the 10,000 gold contract sale and the price action in gold and silver was connected with option expirations on Thursday. In silver, the target would have been to make the $19 calls expire worthless, while in gold the target was probably as low as $1300.
As I look at the landscape in 2016 to-date, I observe emergent signs that alternative media is finally beginning to take over from the legacy mainstream media when it comes to impact and influence. The mainstream media (unlike with John McCain in 2008), had decided that Hillary Clinton’s health was not an issue and chose not to pursue it. Many in the alternative media world took a different position, and due to mainstream media’s failure to inform the American public for decades, the alternative media drove that issue to the top of the news cycle. That’s power.
This is an incredibly big deal, and the mainstream media intuitively knows what it means. It means a total loss of legitimately, prestige and power. All of which is well deserved of course.
It has been almost eight years since former U.S. President George W. Bush warned the world that “ without immediate action by Congress, America could slip into a financial panic and a distressing scenario would unfold.” The government’s response to the crisis was a USD700 billion rescue package that would prevent U.S. banks from collapsing and encourage them to resume lending, which was soon to be followed by a series of Quantitative Easing (QE) packages injecting money into the economy. The rationale of government intervention was to boost spending, restore confidence in the market and revamp economic growth to everyone’s benefit – but did it succeed in doing so?
QE: Faith-based monetary policy
With QE still ongoing (albeit tapered), it is no longer part of a “rescue” package – it has now become the new normal – despite a complete lack of positive results. Since end-2007, the Federal Reserve’s balance sheet expanded from about USD890 billion to more than USD4.5 trillion!
Hillary Clinton says she would not criticize a Republican presidential candidate who took donations from foreign interests while serving as secretary of state.
MSNBC’s “Morning Joe” host Mika Brzezinski asked Clinton, “If a Republican candidate who was actually credible — who was running against you and served as secretary of state and ran a foundation that took donations from foreign entities, wouldn’t you be criticizing him or her for a conflict of interest?”
“Mika, I would not be criticizing. I would be looking at the work,” Clinton responded.
“And if there were no evidence — and I mean people can say whatever they want, I understand that — but if there were no evidence that there was any conflict, I would say look, I appreciate the work that they did to help 11-and-a-half million people around the world get more affordable medicines; and I appreciate the work that was done to help more people make a living and get a job and to help American kids battle obesity and get better food.
The release of singer Frank Ocean’s latest album a few days ago was accompanied by the publication of a magazine that included a poem by Kanye West – a poem about McDonald’s food.
The magazine, entitled Boys Don’t Cry, is a glossy publication featuring text and photos along with West’s poem, The McDonald’s Man, which contains such immortal lines as “The French Fries Had A Plan, The Salad Bar And The Ketchup Made A Band” – leaving some wondering if McDonald’s had a plan to use West’s celebrity status as a marketing tool.
Any publicity is good publicity
Whether or not Kanye was paid by the fast food giant to pen the poem is unclear, and even though the lyrics allude to the fact that the food is “artificial,” anyone in the advertising industry knows that all publicity is good publicity.
[Ed. Note: John Jones was a successful, highly respected attorney at the top of his game who lived in a million dollar home. Jones had no reason to kill himself. Yet, the death is being called a suicide. Another convenient death of a man who crossed the Clintons and the NWO.]
Here’s more news you don’t get in the US’ mainstream media: John Jones 48, one of Britain’s top human rights lawyers, who represented Julian Assange was killed last Monday, when he was run over by a commuter train. The death is being called a suicide.
British Transport Police were called to the West Hampstead train station in North London at 7:07 AM on Monday April 18, 2016 after a man was struck by a train. He was reportedly pronounced dead at the scene and his death is not being treated as suspicious. The event occurred almost one month to the day that the first batch of Clinton emails were released by his client from WikiLeaks.
Russian Army units in the south and west, as well as the Air Force and the Navy’s northern fleet, have been placed on high alert as part of a massive snap exercise aimed at checking the troops’ readiness, Russia’s Defense Ministry said Thursday.
At a press briefing with top military commanders, Defense Minister Sergey Shoigu stated the move came by way of“the decision of the Commander-in-Chief of the Armed Forces” — Vladimir Putin — and that “Troops in the Southern Military District, some units of the Western and Central Military Districts, as well as the Northern Fleet, the Air Force and the Airborne Troops, are to be put on full alert.”
Corrupt to the core globalist puppet Hillary Clinton is the Rothschild’s choice to be their puppet in the White House. So why do the mainstream mockingbird media and leading liberal mouthpieces like Marc Maron and HBO’s John Oliver IGNORE this incredibly troubling fact while overlooking Hillary’s endless litany of hardcore crimes?
The main architect of Washington’s plan to rule the world has abandoned the scheme and called for the forging of ties with Russia and China. While Zbigniew Brzezinski’s article in The American Interest titled “Towards a Global Realignment” has largely been ignored by the media, it shows that powerful members of the policymaking establishment no longer believe that Washington will prevail in its quest to extent US hegemony across the Middle East and Asia. Brzezinski, who was the main proponent of this idea and who drew up the blueprint for imperial expansion in his 1997 book The Grand Chessboard: American Primacy and Its Geostrategic Imperatives, has done an about-face and called for a dramatic revising of the strategy. Here’s an excerpt from the article in the AI: Read More
Ratings alone prove people are waking up to the truth that Fox News doesn’t provide “fair & balanced” coverage for conservatives, but with an apparent coup taking place, viewers will struggle to find any mainstream point of view that isn’t approved by the establishment.