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?

Wednesday, December 13, 2017

After two weeks of strong selloffs, has gold bottomed leading into today's Fed rate hike announcement?

With the mania of Bitcoin taking the spotlight, even so much so that CNBC has virtually dedicated the entire week to talking about the cryptocurrency, gold appears to have been relegated to the back shelf, seeing a series of selloffs and dumps that has taken it below its 200 day moving average.

But with the past couple of days having gold hold onto a tight range between $1238 and $1247, has the precious metal price bottomed out as the world awaits Janet Yellen's swan song call of a new interest rate hike?

Chart courtesy of Silver Doctors
We may well have just seen the bottom in gold and silver yesterday: 
That is not to say we can’t take another trip down, and the move faded overnight. 
The significance of today cannot be understated. 
Today is December FOMC day. In 2015, silver bottomed two days before this day, and in 2016, silver bottomed six days after. 
In other words, we either saw the bottom yesterday, or we are very near the bottom right now. – Silver Doctors
Perhaps in about 20 minutes we will find out the answer to this question. 

21st century Pay per View? Major online video sites (not Youtube) use cryptojacking software to use your pc to mine cryptos

In what could easily be described as an induced form of 'Pay per View', a number of major online video sites such as Openload, Streamango, and Rapidvideo are allegedly using cryptojacking software to have your pc help them mine cryptocurrencies while you view online video content on their sites.

Each month almost one billion visitors to four popular video sites are being unwittingly forced to mine cryptocurrency, according to a report on the practice of so called cryptojacking. 
The video sites Openload, Streamango, Rapidvideo and OnlineVideoConverter are allegedly loading mining software on to visitors’ computers, making them generate tokens for the bitcoin-like cryptocurrency Monero, according to security firm Adguard. 
The mining program is loaded into the users’ browser when the video player is downloaded ready to stream the video. Victims are not notified and are unaware that their computer is working hard to generate Monero. The only sign for most users would be that their computer is running slowly while playing the video. 
Meshkov said: “The total monthly earnings from [this] cryptojacking, taking into account the current Monero rate, can reach $326,000. These are simply outrageous figures.” – The Guardian

The Daily Economist update for Dec. 13 2017 - U.S. Finance and Economics Report - Fed Day!

Zabercoin: the next resource backed cryptocurrency that will be tied to property, rentals, and real estate

With a whole myriad of new cryptocurrencies sprouting up on average of more than one per day, it would seem that if something has any type of value then someone will see fit to tokenize it.  And while we have published numerous articles over the past six months on cryptocurrencies being created which are backing themselves with assets such as gold, diamonds, and oil, a new crypto out on Dec. 13 is looking to profit from the tokenizing of real estate.

Meet Zabercoin.  The cryptocurrency that will be backed by real estate and rental properties that are primarily held in emerging markets.

Zabercoin is an asset-backed cryptocurrency. Therefore, with Zabercoin we combine the blockchain technology with physical asset investments like real estate and lucrative companies more specifically located in emerging markets (EM) with recurring income re-invested to ensure growth, research and development. Zabercoin limits your exposure to the downside risk of many existing cryptocurrencies. Zabercoin has a floor price right from the time of its inception. Each Zabercoin is backed by lucrative property and therefore we can safely state that it will always have a real or intrinsic value that will give peace of mind to the investor and user. 
Zabercoin is the future of real estate. The mission of Zabercoin is to become the preferred real estate digital token in the global blockchain real estate market environment. 
Zabercoin prides itself with a very strong and dynamic management team with many years of experience combined in the asset management, property development, investment, IT, finance, business, law and cryptocurrency space. 
Standard price: 1 ETH = 35 ZAB 
Token price in ETH for Main ICO: (1 Dec 2017 – 16 January 2018) Minimum pay only 0.1 ETH. 
Different bonuses, see the table below. 
1 ETH = 35 ZAB (0% bonus) to 52,2 ZAB (50% bonus). 
Bonus   Week        FROM (UTC)                 TO (UTC)                       Rate      Price50%        1              01.12.2017 – 11:00:00     08.12.2017 – 11:00:00     52,50     $5,71
40%        2              08.12.2017 –  11:00:00    15.12.2017 – 11:00:00     49,00     $6,12
30%        3              15.12.2017 – 11:00:00     22.12.2017 – 11:00:00     45,50     $6,59
20%        4              22.12.2017 – 11:00:00     29.12.2017 – 11:00:00     42,00     $7,14
10%        5              29.12.2017 – 11:00:00     05.01.2018 – 11:00:00     38,50     $7,79
0%          6              05.01.2018 – 11:00:00     End of round                    35,00     $8,57 - Live Bit Coin News

Tuesday, December 12, 2017

Don't tell us... yes! It is another gold backed cryptocurrency making its IPO this week

It is almost getting to be a common theme in the cryptocurrency realm, as the arrival of a new week must mean the arrival of a new gold backed cryptocurrency up for an IPO.

On Dec. 11 Baselbit 4 finished its Pre-ICO offering, accumulating over $1 billion in the sale.  And this gold and silver backed cryptocurrency appears ready to forge ahead of many other gold backed cryptos that have sprung up in recent weeks.

BaselBit 4(#BB4), a crypto coin underpinned by blockchain and backed by the stability of .999 pure AG silver and .999 pure AU gold value, saw more than $1 billion traded in the first day of its ICO prelaunch today. 
Shielded from the volatility of fiat or typical crypto currencies, the BaselBit4(#BB4) is backed by real gold value allocated in the Monetary Lien System vaults, with each BaselBit4(#BB4) coin tied to ½ ounce of 99% pure gold value. Investors can effectively buy and transfer the smallest fractions of (#BB4) directly, anywhere at any time, using gold value or as fractional coins into Silver value as an effective payment mechanism and credit system. 
With its secure data key card e-wallet, set to be compatible online or at any VISA or MasterCard location, BaselBit4(#BB4) combines the loyalty rewards incentives of the major credit card platforms with the stable backing of precious metals. 
The fee generated by each BaselBit transaction is reinvested to buy more gold to back more currency as the platform grows. Non-depleting precious metal assets are provided by Queen Basel to Delaware-based Global Clear Digital Investment Bank & Trust. – Digital Journal

Bitcoin may or may not be in a mania, but many of the investors buying it certainly are

While talk about whether Bitcoin is in a bubble or asset mania is certainly up for debate, with extremely good points for and against this coming on both sides.  However one thing is definitely for certain, and that is that many investors buying cryptocurrencies are themselves caught up in a mania.

Bitcoin, which skyrocketed above $19,000 in value last week, is in a “mania” phase, according to securities regulator Joseph Borg who said some people are even borrowing money to get in on the action. 
“We've seen mortgages being taken out to buy bitcoin… People do credit cards, equity lines," he told CNBC. 
The president of the North American Securities Administrators Association (the oldest investor protection organization in the world), Borg said: “This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college, ought to be invested in.” Russia Today
The most famous story of this type of mania comes from the Netherlands where a Dutch family sold everything... from their house to their shoes to put it all in Bitcoin.
Didi Taihuttu, his wife, three kids and their cat bet all they have on bitcoin. The Dutch family of five is in the process of selling pretty much everything they own — from their 2,500-square-foot house, to their shoes – and trading it in for the popular cryptocurrency. They have moved to a campsite in the Netherlands, where they're waiting for bitcoin to really take off. 
It's only been a few months, but the 39-year-old father of three says he doesn't regret a thing. "We were just like – sell it, sell it, what can we lose? Yeah, we can lose all the material stuff. Yeah, we can lose all our money. Yeah, we don't have three cars anymore. We don't have the motorcycle anymore. But in the end, I think we, as a family, will still be happy and just enjoying life." -

Monday, December 11, 2017

The Daily Economist update for Dec. 11 2017 - U.S. Finance and Economics Report

Move over Venezuela and their Petro Coin as former head of the CFTC announces establishment of OilCoin

As we know from last week, Venezuela's President Nicholas Maduro announced the creation of the Petro, which is a cryptocurrency to be backed by the oil reserves of the country.  However it appears that they are not the only Petro-crypto now on the block as on Dec. 11, a project involving the former head of the CFTC announced their own oil-backed cryptocurrency was ready for implemenation known as the OilCoin.

OilCoin, a project led by a team including Commissioner Bart Chilton of the U.S. Commodity Futures Trading Commission (2007-2014), is pleased to announce today the creation of the first legally-compliant digital currency based upon a physical asset. OilCoin will tokenize barrels of oil held in reserve with each token representing the value of one barrel. OilCoin's asset support will provide global users of digital currency with a meaningful safe haven from cryptocurrency volatility. OilCoin's public token sale (otherwise known as an ICO) is scheduled to begin in early 2018. – Business Insider

It's that time again for new year's forecasts and one major bank is predicting Bitcoin price falling back to $1000

Perhaps the biggest institution that compiles new year predictions would have to be the Coast to Coast radio program, which every year dedicates two complete days towards collecting hundreds of predictions from both listeners and recognized 'experts'.  But when it comes to finance and the economy there are only a few analysts that deem it prudent to dip their toes in the paranormal waters by forecasting trends which may or may not come to fruition in the financial and geo-political realms.

One of these institutions is that of Saxo Bank, which is often known for their wild speculations on future events, but came in 100% accurate in predicting the UK's Brexit two years in advance.

So with this in mind, what does Saxo Bank have in store for 2018?  Perhaps most interestingly or outrageous is their forecast for the Bitcoin price to drop back down to its January 2017 levels of $1000.

1) Bitcoin collapses to $1,000 
I thought this one was interesting, first and foremost, because Saxo hit the proverbial nail on the head last year in its “Outrageous Predictions for 2017,” in which they said
“we could see Bitcoin easily triple over the next year going from the current $700 level to +$2,100.” 
Well, they were almost right. Bitcoin not only reached $2,100, but ripped past four figures entirely and is now hovering around $14,000 as I write this. 
Saxo now predicts that, in 2018, Bitcoin will peak at $60,000 with a market capitalization of more than $1 trillion, after which a number of governments will engage in a coordinated attack to prohibit all cryptocurrencies. 
Simultaneously, governments launch their own blockchains and cryptocurrencies, and Bitcoin crashes to $1,000. 
2) The Federal Reserve loses control 
Saxo predicts that the US economy begins to suffer in 2018, and the bond market begins to melt down. This results in a massive spike in interest rates, which the US government cannot afford. 
Fearing for its own solvency, the Treasury Department assumes emergency powers to cap interest rates at 2.5% 
Meanwhile, “[t]he hapless Fed will be scapegoated by politicians for the economy’s weak performance, a bond market in vicious turmoil, and the aggravation of already worsening inequality brought on by years of post-global financial crisis quantitative easing.” 
3) China launches its own “petro-renminbi” 
You may have noticed that oil prices, almost everywhere in the world, are quoted in US dollars. 
Whether you’re talking about a barrel of oil drilled off the coast of Brazil, Saudi Arabia, Canada, or Norway, the price is nearly invariably quoted in US dollars. 
This means that anyone who buys and sells oil– from foreign governments to multinational corporations– transacts in US dollars. - Saxo Bank