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?

Sunday, June 25, 2017

Americans cite gold as the 3rd best long-term investment but an estimated fewer than 10% actually own any

Gold and silver have been an intrinsic part of America's financial system for the greater part of her existence.  In fact, even the original founders mandated what the value of a dollar would be through the U.S. Coinage Act of 1792 where a unit of the nation's currency would be equivalent to 371.25 grains of silver.

But the 20th century has been one where both gold and silver have lost their perceived value as a store of wealth through the government facilitating its removal from the monetary system.  And as such, individuals over time have turned their investments away from the precious metals and into real estate and paper based assets such as stocks and bonds.

The financial crisis of 2008 brought back a glimmer of hope for a return to Americans finding solace in the precious metals where surveys from nine years ago showed that gold was deemed to be the best long-term investment, even above real estate and stocks.  But after gold prices fell over 40% in subsequent years following their highs in 2011, a large portion of the country now ranks gold as the third best long-term investment behind those other two assets.

Yet there is at least one significant-seeming economic question with no reliable answer: How many Americans own gold? 
Certainly a notable portion of the country believes that gold makes a good investment. Gallup annually surveys American adults on their perceptions about investments; in 2011, when gold prices were relatively high, gold was deemed the best long-term investment by 34% of respondents (real estate was next at 19%). As gold prices subsided, the percentage naming gold as the best long-term investment fell. Nonetheless, in 2017’s survey, gold still ranks as the third best-perceived long-term investment, behind real estate and stocks/mutual funds. – Los Angeles Times

However liking gold, and owning gold in America appears to be two different animals.  And while it is extremely difficult to get exact numbers as to how many Americans own actual gold or silver bullion outside of jewelry and heirlooms, industry experts suggest that less than 10% of Americans actually own any precious metals in bullion form.
The World Gold Council, which gathers and disseminates mountains of statistics about gold, says it can provide no estimate for the number of Americans who own gold as an investment. Metals Focus, a London-based precious-metals consultant, says it has no figures that it can release. When I passed along an estimate that fewer than 10% of American adults own gold as an investment, a spokesman wouldn’t confirm, but hinted that it was accurate.
Because stocks and real estate prices have not only recovered from their declines following the 2008 financial collapse, but are also at or near all-time highs in certain regions and sectors, most investors have shifted away from gold, or at the very least own it in paper form on exchanges.  But as the world appears more and more to be sliding into recession, and also towards a new financial crisis, it will not take long for Americans to once again look to gold and silver as true wealth protection outside the system, only this time there will likely not be ample supply for them like there was in 2008 when gold suddenly became relevant again to the masses.

Even in the cryptocurrency markets, the 1% own more Bitcoins than the other 99% combined

Ever since the 2008 financial crisis and subsequent rise of central bank programs that have helped engineer the wealth of nations into the hands of the 1%, nearly every single market has seen this anomaly take place as access to cheap money has allowed those who control capital to multiply their wealth immensely.

And perhaps the saddest part in this is that even the cryptocurrencies are not immune to their being accumulated into the hands of a few as new analysis of Bitcoin wallet holdings shows that less than 1% of Bitcoin owners control more than the other 99% combined.

Data courtesy of Bitcoinprivacy.net

A breakdown of the data in this chart confirms that the majority of Bitcoins are currently held by a small minority of individuals or entities.

99%

(17.8+17.6+16.8+12.9+7.5+4.4+1.8 millions) = 78.8 million Bitcoin wallets.

(1.78+17.6+168+1290+7500+44000+180000) = 232,958 total Bitcoins.

1%

(531,248+137,501+13,852+1619+115+3) = 684,338 Bitcoin wallets.

(531,248+1,375,010+1,385,200+1,619,000+1,150,000+300,000) = 6,360,458 total Bitcoin.

We are also taking note of the fact that according to Bitcoin mining statistics, there are supposed to have been over 16 million Bitcoins having been mined as of June 25, 2017, and this data is pointing to the fact that nearly 10 million of these coins have not been registered as being tied to a Bitcoin wallet.  And invariably this is leading to both an assumption and a conjecture that those coins are either being held outside the active Bitcoin blockchain by one or more select entities, or have been lost due to their original wallet holders having somehow eliminated them from existence through a myriad of circumstances such as hard drive failures, or lost and forgotten passwords to their wallets.

Saturday, June 24, 2017

Shanghai Gold Exchange gets first international market to accept their pricing of gold as China seeks to usurp Comex and London

On June 21 China announced that the Budapest Stock Exchange is expected to begin pricing gold using the futures price determined at the Shanghai Gold Exchange, and will make Hungary the first market outside of China to use a pricing mechanism for the precious metal that is not of either London or the Comex.

This move is the first in China's push to usurp control over the pricing of gold, and is the start of their program to internationalize futures contracts at the world's largest physical gold exchange.

China is looking to expand the use of its yuan-denominated gold fix overseas, the chairman of the mainland China’s sole gold bourse said on Wednesday, reflecting on Beijing’s attempt to vie for a bigger say in the price-setting of the precious metal. 
It is now expected that a gold futures contract based on China’s yuan-backed gold benchmark price could be listed on the Budapest Stock Exchange in Hungary as soon as the second half of this year, said Jiao Jinpu, chairman of the Shanghai Gold Exchange (SGE) at the Lujiazui Forum, which ends in Shanghai on Wednesday. 
SGE is considered the world’s largest physical bullion exchange. 
The yuan-backed benchmark fix, launched by the SGE in April 2016, reflects Beijing’s hopes of reducing its reliance on US-dollar based prices of the metal, he said. 
It also reflects Beijing’s latest step to push ahead its plan to make the yuan a global currency, analysts added. - South China Morning Post

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.