The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Monday, June 19, 2017

Bitcoin advocates warn cryptocurrency owners to have their Bitcoins in their wallets and out of exchanges before Aug. 1

The battle over a soft or hard fork for Bitcoin may be coming to a head as early as Aug. 1, and Bitcoin advocates are warning owners of the cryptocurrency to have them out of Bitcoin exchanges before that date and downloaded onto their Bitcoin wallets to protect them from any loss or confusion should the expected change occur.

As of now a solution known as the user-activated soft fork (UASF) is expected to go live on Aug.1, but it is not without risk, especially if your Bitcoins are stored on an exchange where in the past segregation of ownership has been dicey at best.

A new initiative designed to help Bitcoin users with the upcoming fork advises them to maintain 100 percent control of their Bitcoin, rather than keeping it in exchanges. 
The reality is clear - most Bitcoin blocks hit the block size limit of 1 MB and are plagued by fees and slowdowns. The solution, though, is still up in the air as debate rages about how change should happen
One solution, the user-activated soft fork (UASF) is scheduled to go live on August 1, while another competing group has threatened to split the chain if that occurs.
1August.org claims to be a neutral third party designed to help users understand and navigate the upcoming fork, and how to best protect their Bitcoin. Because a fork would create duplication, the best solution for users is to be able to transact on both chains, should a fork occur. 
At this time, they are advising that users maintain 100 percent control of their Bitcoin, rather than keeping it in exchanges such as Coinbase or Bittrex. The only way to completely control Bitcoin is to be in control of your private keys on either a wallet application or a paper wallet. – Coin Telegraph

U.S. not the only government looking to pass legislation making it illegal to own cash and Bitcoin without their knowledge

Last week a bill rose up on the floor of the U.S. Senate calling for an expansion of financial controls over American citizens under the guise of the 'War on Terror'.  In fact, the Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017 if passed would even go so far as to allow the government to confiscate all assets, just the ones in question, of anyone who seeks to hold cash, Bitcoin, gold and silver outside a bank in denominations of more than $10,000 if they haven't filled out proper forms.

But as the real underlying reasons for this draconian law bubble to the surface, it is not just the U.S. who is using the label of 'terrorism' to restrict the free use of your money, but other nations are as well including Germany who is looking to pass similar laws as a new financial crisis percolates to the forefront following the recent bank runs in Italy, Canada, and Spain which threaten the liquidity of the financial system.

In the US for example, a new Bill has been introduced in the Senate. The name says it all: “Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017.” 
The purpose of the law is to “Improve the prohibitions on money laundering and for other purposes.”  
Money laundering has an extremely wide definition and anyone who carries money over $10,000, cryptocurrency or a blank check, has a prepaid mobile, can fall under this law. In summary, if the incumbent has not in advance filled in a form to declare these items, it allows the government to seize all his assets and put him in prison for 10 years. The bill also gives the right to surveillance and wiretapping. 
If this law is used only to catch real criminals, it might be acceptable. But we know that when a body is given such extensive and ill-defined powers they will be widely abused. And this is how slowly but surely a police state is created. A lot of smaller measures that most people don’t pay any attention to until these draconian powers are unfairly applied to innocent people.  
In Germany, similar measures are being discussed. The German Interior Minister is preparing a new law introducing surveillance of the people to combat terrorism. It gives the authorities the power to fingerprint and give access to mobile phones, social networking apps even down to 6 year olds. Germany is also considering installing software on mobiles so that they can read messages before they are encrypted.  
Many other countries are considering similar methods or are already applying them tacitly. The combination of increased immigration and terrorism will continue to lead to more surveillance measures around the world in all aspects of life. It is not just physical surveillance but bank records, fiscal control and the banning of cash transactions and cash. This trend is unlikely to stop until this cycle ends. We will need to see an end to the socialism and globalism which is creating the current unpleasant trends. We will also need to have an implosion of the debt and asset bubbles which are part of the current problems.  – King World News

As has been proven in nations like Japan, China, and South Korea over the past few months, the ability to transfer money into a cryptocurrency that is outside the monitoring from a sovereign financial system, and outside the control of both banks and government agencies, is now causing these same governments to try to put fear into their peoples to coerce them into keeping their money and wealth in the banking system where it will inevitably be stolen and confiscated under the bail-in arrangements created after 2008.  And when you start to see these warning signs start to come from legislatures in multiple locations, then you know that a new and dramatic financial crisis is just over the horizon, and it is beyond time to protect your money now before it becomes illegal to do so.

Sunday, June 18, 2017

My interview on the Daily Coin with host Rory Hall - Gold, silver, bitcoin, and the economy


Ethereum blockchain and cryptocurrencies could take over the world's refugee and welfare programs

For decades global relief agencies along with the United Nations have been stymied in trying to provide direct relief to needy individuals, especially in countries ruled by tyrannical dictators.  And there are many examples where these entities have tried to ship in food, medicine, and other items only to have the government seize them for their own purposes or profit.

But with the rise of digital banking, smartphones, and now blockchain technology, the ability for agencies to get relief directly to individuals in need has suddenly become much easier.  And with the United Nations having already done such direct relief efforts through the Ethereum Blockchain in recent weeks, the boundaries for aiding refugees, those on welfare, and any in need could one day be moved to the blockchain, thus eliminating billions in bureaucratic costs, and thousands of unnecessary pitfalls.

The United Nations World Food Programme uses the Ethereum Blockchain to transfer vouchers based on cryptocurrencies to refugees in Syria. The platform was able to transfer cryptocurrency vouchers to a total of 10,000 people. It was done through another platform that was created by Parity Technologies. 
Parity Technologies is a startup company led by Ethereum co-founder Gavin Wood.
"Funds that were sent to the refugees were specifically used for buying food. With the success of this project, the World Food Programme (WFP) plans to extend the project even further to cover 100,000 people in Jordan by late 2018." 
With this, the UN is planning more Blockchain technology-related projects that can help them move aid to disaster-stricken countries even faster. - Cointelegraph
In the meantime for sovereign economies, moving benefit programs out of bloated government bureaucracies onto the Ethereum Blockchain could also eliminate unnecessary waste as well as making it easier to get welfare payments directly into the hands of those in need.

Friday, June 16, 2017

Hillary Clinton's emails prove that the U.S. and the West are willing to kill to stop the rise of a gold backed currency

One of the biggest reasons that the U.S. is so hell bent on framing Russia as a criminal on the world stage is not necessarily because of their intervening in Washington's agenda of bring about chaos to the Middle East, but instead because of its potential of destroying America's hold on the world's singular reserve currency.

And there are two ways in which they can achieve this.  First it is by overtaking OPEC and putting an end to the long-standing Petrodollar system.  And second would be through the creation of a gold backed Ruble, which would instantly turn the Russian currency into the most secure form of money on the planet.

Now many Western analysts have been pushing the narrative that a return to a gold backed monetary system would be impossible to achieve, since their faulty premise is based on the total amount of physical gold available to backstop the total amount of worldwide currency.  Of course the real reasons they use this propaganda is because a gold backed monetary system would be a hindrance to a government and central bank's ability to borrow capriciously and without through of any financial consequence.

But the reality is that a gold backed monetary system works just fine if you allow the price of gold to float and not be fixed, and if done on a worldwide scale it would segregate out the nations who destroy their currencies through vast money printing and those who act in a responsible manner, using their money supplies as was intended to control and regulate costs.

With this in mind, and with the advent of Wikileaks disseminating thousands of emails found on former Secretary of State Hillary Clinton's servers, we discover that the unlawful attack on the nation of Libya a few years back, and the subsequent murder of Libyan leader Muammar Gadafi, was enacted entirely because he was in the process of creating an gold backed currency that would not only help grow African nations economically, but also help them to get out from under Western colonialism and the long-standing dominion the U.S. and Europe had over the Dark Continent.

One of the 3,000 Hillary Clinton emails released by the State Department on New Year’s Eve (where real news is sent to die quietly) has revealed evidence that NATO’s plot to overthrow Gaddafi was fueled by first their desire to quash the gold-backed African currency, and second the Libyan oil reserves. 
The email in question was sent to Secretary of State Hillary Clinton by her unofficial adviser Sydney Blumenthal titled “France’s client and Qaddafi’s gold”.
From Foreign Policy Journal
The email identifies French President Nicholas Sarkozy as leading the attack on Libya with five specific purposes in mind: to obtain Libyan oil, ensure French influence in the region, increase Sarkozy’s reputation domestically, assert French military power, and to prevent Gaddafi’s influence in what is considered “Francophone Africa.” 
Most astounding is the lengthy section delineating the huge threat that Gaddafi’s gold and silver reserves, estimated at “143 tons of gold, and a similar amount in silver,” posed to the French franc (CFA) circulating as a prime African currency. - Global Research
So the next time you see the mainstream media pop out another propaganda piece on the evils of Russia or China, know that the economic sanctions imposed back in 2013 were not about Ukraine, or any other opposition to U.S. foreign policy, but completely about trying to stop their tearing down of the petrodollar system, and having the ability to use their nuclear option of one day backing their currency once again with gold.

Thursday, June 15, 2017

Head of Germany's central bank fears Bitcoin may make next financial crisis worse, and is looking into creating his own sovereign cryptocurrency

The explosive popularity and rise in cryptocurrencies such as Bitcoin and Ethereum have finally reached the point where Wall Street, central banks, and sovereign governments can no longer ignore them.  And as the global monetary and banking systems begin to crack, as seen for example last week in Spain where Banco Popular disappeared in a single day, central bankers are taking sides on whether cryptocurrencies are part of the solution, or part of the problem when the next financial crisis comes.

And when we say both a solution and problem all we need to do is look at the words spoken by the head of Germany's central bank on June 14 regarding Bitcoin's potential to make the next financial crisis much worse, and how they might need to create their own cryptocurrency as a backstop for their people and banking system.

As Citigroup's Hans Lorenzen showed yesterday, as a result of the global liquidity glut, which has pushed conventional assets to all time highs, a tangent has been a scramble for "alternatives" and resulted in the creation and dramatic rise of countless digital currencies such as Bitcoin and Ethereum. Citi effectively blamed the central banks for the cryptocoin phenomenon. 
Weidmann had a different take, and instead he focused on the consequences of this shift towards digitalisation which the Bundesbank president predicted, would be the main challenge faced by central banks. In an ironic twist, in order to challenge the "unofficial" digital currencies that have propagated in recent years, central banks have also been called on to create distinct official digital currencies, and allow citizens to bypass private sector lenders. As Weidmann explained, this will only make the next crisis worse: 
Allowing the public to hold claims on the central bank might make their liquid assets safer, because a central bank cannot become insolvent. This is an feature which will become relevant especially in times of crisis – when there will be a strong incentive for money holders to switch bank deposits into the official digital currency simply at the push of a button. But what might be a boon for savers in search of safety might be a bane for banks, as this makes a bank run potentially even easier. 
Essentially, Weidmann warned that digital currencies - whose flow can not be blocked by conventional means - make an instant bank run far more likely, and in creating the conditions for a run on bank deposits lenders would be short of liquidity and struggle to make loans. 
“My personal take on this is that central banks should strive to make existing payment systems more efficient and still faster than they already are – instant payment is the buzzword here,” the Bundesbank president said. “I am pretty confident that this will reduce most citizens’ interest in digital currencies.” - Zerohedge

And while there is still time for the game between centralized and decentralized money to be played out, one has to honestly ask if they thought that central banks and sovereign governments would really allow a private form of money to usurp their control and authority, and in the end either not try to ban it, or co-opt it with one of their own that they declare as legal tender.

A few days after appointing a director, Texas contracts Austin metals company to run their Gold Depository

While it took about two years to finally get the ball rolling after the state of Texas passed legislation to setup a gold depository back in 2015, that changed this week as movement towards opening the gold vault hit the fast track as the state has now selected both a new Director, and vendor to run the facility.

On June 14 Texas announced they are contracting Lone Star Tangible Assets to run the day to day operations of the state's Gold Depository, which will be a completely insured precious metals vault that will allow the state, municipalities, individuals, and businesses to buy and store gold and silver, and under certain accounts have access to it as if it were money regularly stored in a traditional bank.

Two years after Gov. Greg Abbott announced Texas would build the country's first state-run gold depository, the project took a major step forward Wednesday. 
Comptroller Glenn Hegar announced at a news conference at the Capitol that his office had selected Austin-based Lone Star Tangible Assets as the private vendor tasked with building and operating the Texas Bullion Depository. 
“The Texas Bullion Depository will offer Texas safe, fully-insured storage of precious metals providing an alternative to the depositories largely located in and around New York City,” Hegar said. 
The depository will store gold and other precious metals, allowing customers to open accounts and potentially pay for transactions with them. - Texas Tribune
Texas will now join Utah as the two primary states that have either a public or private gold depository, and the ability for individuals, businesses, and government agencies to store their wealth in physical gold while also having the power to use it the same as if it were cash deposits in a bank.

Wednesday, June 14, 2017

Congress submits bill making it illegal to hold cash, Bitcoin, or other assets outside of a bank without informing them in writing

Just as the War on Drugs was never actually about slowing down or stopping the import and use of illegal narcotics, so too was the spurious War on Terror not about stopping individuals or groups from inciting violence for political means.  In fact, we already know that U.S. agencies have funded, trained, and armed the very terror groups that are supposedly on the FBI's Terror Watch List when they supported them in the taking over of Libya, and in the attemp to take over Syria.

So the question then has to be asked... what are the purposes behind the ideological wars against drugs and terror really all about?  Well, since the real victims going back to the 1970's when the War on Drugs was instituted by President Richard Nixon have been the millions of Americans incarcerated for victimless crimes, and the billions of dollars seized without a trial in what is known as Civil Forfeiture, then it is fairly obvious who these wars were really focused against.

And since the advent of the Patriot Act, which hasn't stopped a single terrorist or terror event following the terror attacks on 9/11, the ability of Americans to do as they please with their own money has been stymied in the government's attempt to monitor and regulate every single transaction individuals choose to conduct.

However, with the rise of cryptocurrencies, and the new fears coming out that decentralized virtual money could actually start or magnify a financial crisis, Congress on May 25 has submitted a bill making it illegal, and placing individuals subject to asset confiscation and imprisonment, for anyone to have a medium size amount of cash, Bitcoin, etc... outside of a bank without telling the government how much you have, where you have it, and why you have it through the filling out of new Federal forms.

Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,
“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.” 
You can probably already guess its contents. 
Cash is evil. 
Bitcoin is evil. 
Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil. 
Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”. 
Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process. 
This new bill adds a laundry list of offenses for which they can legally seize your assets… all of which pertain to money laundering and other financial crimes.
Here’s the thing, though: they’ve also vastly expanded on the definition of such ‘financial crimes’, including failure to fill out a form if you happen to be transporting more than $10,000 worth of ‘monetary instruments’. 
Have too much cash? You’d better tell the government. 
If not, they’re authorizing themselves in this bill to seize not just the money you didn’t report, but ALL of your assets and bank accounts. 
They even go so far as to specifically name “safety deposit boxes” among the various assets that they can seize if you don’t fill out the form. - Sovereign Man

Kyrgyzstan is the newest country planning on creating a national gold backed cryptocurrency

The nation of Kyrgyzstan is quickly becoming one of the most important countries in the Eurasian sphere, as it is not only a part of the burgeoning Eurasian Economic Union (EEU), but they are also an important point along China's new Silk Road initiative.  And in preparation of their becoming a rising star for the future of emerging economies, the Prime Minister of Kyrgyzstan announced on June 14 that his nation in the process of planning for the creation of a gold backed sovereign cryptocurrency.

Kyrgyz authorities are preparing to release a national cryptocurrency. The ambitious project will engage the Russian company "crypto HH", which will become the main trader during the ICO (Initial Coin Offering - initial public offering cryptocurrency).Responsible for the project assigned to the local state-owned company "Trading House Kyrgyzstan", where the release of information has been confirmed officially. According to two sources close to the Kyrgyz government, the new cryptocurrency (its working title - GoldenRock) will be backed by gold. 
Kyrgyz authorities have decided to undertake the development of gold deposits, this state needs private investment. For quick money decided to release cryptocurrency - this is the first public project in the Eurasian Economic Community (EAEC). Each unit (a token) GoldenRock be backed by gold equivalent. The owner of the token after the development of the field will be able to exchange it for the metal. The decision of the exact value of the token is pending. - IZ

Gold and silver both spike higher on report of strong decline in retail sales leading into FOMC meeting

On June 14 the latest report on core retail sales was announced, and showed the largest decline since January of 2016.  And in addition, this drop in one of the economy's major indicators is providing the Fed an interesting dichotomy on the same day they are to announce the latest decision on whether to raise interest rates.
Headline retail sales tumbled 0.3% MoM in May, the biggest drop since January 2016 (and all the weather-related malarkey that was blamed on). 
Core retail sales also dropped the same... - Zerohedge

In response to this bad news for economic growth, gold and silver both spiked higher with the dollar falling over 50 bps back below 96 on the dollar index.



These strong moves in both gold and silver could be a prelude to even higher prices dependent upon the Fed's decision later today on whether to hike rates, leave them at current levels, or perhaps even to provide guidance that the central bank may be leaning back towards a policy of easing as economic indicators clearly point towards a slowdown if not outright recession.