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?

Friday, July 31, 2015

Got Karatbars? Gold in play more than ever as collapse and money printing starting to hit high gear

Over the past three weeks we have seen an extremely volatile market where equities in China, Europe, and the United States have risen and fallen several thousand points on their major indices.  And as data from the housing sector, commodity sector, energy and consumer spending begin rapid declines, analysts are increasing their mantra that the global economy is heading towards either a collapse, or a very harsh crisis, and where central banks are now throwing away the rhetoric of rate hikes and starting to power up the printing presses to combat what they know is coming.

Which leaves individuals with few options to protect themselves from a similar situation which we saw from 2007-2010, and unlike that time period of major volatility, gold is no longer as readily available as it was before the Great Recession.

CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100.  The closer it is to zero, the higher the level of fear.  Last Monday, the index was sitting at a reading of 36.  As I write this article, it has fallen to 7.  The financial turmoil which began last week is threatening to turn into an avalanche. On Sunday night, we witnessed the second largest one day stock market collapse in China ever, and this pushed stocks all over the planet into the red.  Meanwhile, the twin blades of an emerging market currency crisis and a commodity price crash are chewing up economies that are dependent on the export of natural resources all over the globe.  For a long time, I have been warning about what would happen in the second half of 2015, and now it is here. - Economic Collapse Blog

 
Consumer Confidence drops most in last 10 months, graphic courtesy of Zerohedge

Yet besides just the declines in stock markets, housing prices, and commodities, layoffs are increasing by a huge margin going into the end of the summer slowdown.  Just this week bellweather company Walmart introduced major layoffs of employees as new minimum wage laws and the global decline in retail spending are leaving businesses little choice but to cut back workers.

So with this in mind, and with expectations rising that the Fed and other central banks will soon be printing money to support growing illiquidity in the global economy, what do top analysts say is necessary to protect yourself from what is coming?

This is undoubtedly a global story and I have not one scintilla of doubt that the western central banks have set us up for an even bigger version of the 2008 Great Financial Crisis/Recession - but this time rock bottom interest rates and large fiscal deficits will mean only one thing; QE will be stepped up to such a pace that you will hear the roar of the printing presses from Mars.

Gold is a must-have holding in that world. - Albert Edwards, Societe Generale


To be protected from all contingencies, the answer lies in a three-fold plan of preparedness.  Cash, Physical Gold, and offshoring wealth outside the banking system.  The first two can be accomplished on your own, and with the help of a local bullion dealer or coin shop. 

No institution is safe for all can be closed by decree, including credit unions. This is true of safe deposit boxes as well. They may not confiscate it, but they can deny access. PLAN B should be an amount of cash that is enough to live on for at least one month if not three months insofar as basic essentials, not mortgages, etc. Effectively this is food money and gas for the car. Gold coins will not help in this case, nor will silver coins, for we are not talking about trying to preserve wealth; this is the emergency stash for living purposes in case you need CASH, which is recognized by everyone. Try explaining a silver quarter to a teenage clerk who has no authority to accept a quarter for more than a quarter. Precious metals will be more of an underground economy of barter; it will not be useful at the local supermarket.

Also, keep in mind that cash could come in handy in a computer failure, whereas you cannot access a bank, exchange, etc. just to survive for there could be a scenario where not even plastic credit cards or debt cards would offer any help. - Armstrong Economics

But for the third leg of this preparation, the solution lies in a company called Karatbars.





Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

The next step in China determining gold prices initiated as LME accepts Yuan in contract purchases

For owners of physical gold who have been frustrated with the manipulation and falling prices over the past four years, the day of reckoning is slowly coming upon them.  Beginning a few months ago when the London Gold Fix committee invited China to be a member of the daily price fix mechanism, the next step in having price determination move from the West over to Shanghai and Hong Kong is underway as on July 28, the London Metals Exchange (LME) ruled to allow Yuan to be used to settle gold and other commodity metal contracts.
In fact, with a Hong Kong factor purchasing the LME three years ago, it was inevitable that metal contracts would eventually be open for RMB settlement.
 

Bernie Sanders: Meet the new Marxist, same as the old Marxists

While the Donald Trump phenomenon has made it popular to finally be allowed to ask the questions millions of Americans have been afraid to ask since the advent of political correctness, on the other side of the political ledger another candidate has stepped up to challenge the Progressive status quo.  And yet as independent Bernie Sanders creates new and refreshing discourse to compete against the old guard of Hillary Clinton, the sad truth about the Senator from Vermont is slowly rising to the surface.
And that is, he is just as much a Marxist and European Socialist as the rest of the Democratic party.
In a speech given on July 30 just outside Capital Hill, Senator Sanders called for a single payer system of healthcare that parallels those used in the rest of the ‘industrialized world’ (Europe), and where it would run like Medicare under the complete supervision and control of the Federal government.

 

Social Security: We’re from the government, and we’re here to destroy what remains of the program

One of the funniest and perhaps saddest commentaries regarding the ability of the Federal government to either fix or run a financial enterprise is that when Uncle Sam co-opts a business platform, the end result is almost always insolvency, or the need for taxpayer bailouts.  In fact, all one has to do is look at the government’s takeover of mortgage and student loan lenders Fannie Mae and Sallie Mae to see that elected officials and their bureaucracies are so incompetent when it comes to finance and running a business, they quite often spend more money keeping these entities afloat than the value of the business was worth.
So when the American people desperately need their government to solve a problem tied to the future of Social Security, Congress’s new planned solution and predictable outcome should come as no surprise.
In a new piece of legislation called the ‘One Social Security Act’ (HR 3150), Congress is seeking to merge two separate entities under the Social Security Administration into one, thus masking the insolvency of both programs and making your retirement insurance now fully integrated with those receiving benefits as a disabled American.

Death of the American Dream: Home ownership falls to lowest level in nearly 50 years

When it comes to both the government and the Federal Reserve, trusting any program to either of these agencies is a sure fire way to destroy an industry.  And just as former Fed Chairman Alan Greenspan helped create the housing bubble that burst confidence in home ownership, the latter two central bank heads have finally killed it entirely.
On July 27, the U.S. Census issued its most recent home ownership data, with the results showing that Americans owning a primary residence are now down to the point where ownership is at levels not seen in nearly 50 years.
 

Monday, July 27, 2015

Got Karatbars? Ignore the price of gold... shortages are the real story as breakout on horizon

For gold bugs, and those who have watched the cartel crush the spot price of gold in recent weeks, it is very easy to believe that capitulation may have finally arrived, and that gold is no longer able to hold on to its support levels that have held over the past nine months.  But while this assessment on the surface may signal the end of the gold bull, things occurring underneath are signaling a much different future direction.



One has to remember a single truth about gold prices at this time in history... the price is determined by a committee known as the London Gold Fix (notice there is manipulation even in their name), and that it is based solely on the paper market for gold, and has little to do anymore with the physical gold market.

In fact, the U.S. based Comex futures market which is the determinant for spot gold prices has not delivered a single ounce of gold in over two years, and their function right now is to use the gold price to protect the derivatives market, which the bullion banks are leveraged beyond measure, and would be insolvent if the Comex stopped manipulating the price.


(Notice how J.P. Morgan has severely leveraged their derivative exposure since the first quarter of 2015, and exactly during the recent slam down of the paper gold price on the Comex.)

This manipulation and unhinged leverage can only last so long, especially since there is an opposing issue that even the Comex can control.

The shortages occurring in the physical gold markets.

The paper market is telling one story. But the actual physical bullion market is telling quite another.

The U.S. Mint has sold over 100,000 ounces of American Eagle gold coins so far in July. That’s the highest monthly demand volume registered since April 2013. And that’s just as of this week. There’s still another week left to go before the final sales tally for Gold Eagles comes in for the month of July. It could be one for the record books with 109,000 1-ounce Gold Eagles sold — with bargain hunters purchasing 6% of the U.S. Mint’s production from Money Metals Exchange.

As for Silver Eagles, the U.S. Mint has given up on trying to keep up with demand. After brisk sales during the first week of July, Mint officials suspended deliveries of Silver Eagles to dealers. Sales of the popular coins are set to resume next week. But we expect the Mint will be unable to get its act together and keep up with demand.

Listen: Full Interview With Chris Powell Of The Gold Anti-Trust Committee (GATA)

The shortages occurring in the physical market are pushing the bullion banks into an interesting dichotomy... not only are they working to crash the paper price by dumping $2 billion worth of naked paper shorts in just four minutes on the market just one week ago, but they are also buying long positions, as well as physical metals, in what is known in the industry as a hedge.

Hedging is done to limit one's losses, and since bullion banks like J.P. Morgan and Citibank have for years been depressing the paper gold price through thousands of naked short contracts, their goal of pushing the price well below $1000 per ounce has failed, and now to protect their trillions of dollars in risky investments they are buying both longs and physical as a double hedge for when the price suddenly takes off higher, or when the Comex loses control over price determination.

Which by the way is extremely likely after September when China begins its own price declaration on the Shanghai Gold Exchange.

So if gold in the West is finding itself in extreme shortages, and playing the ETF's or Future's markets is out of the question due to the massive manipulation, what is the best way to protect yourself in gold, especially with the dollar, euro, and fiat currency system entering the next new recession and liquidity crisis?

The answer lies in Karatbars.






Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars



How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Economic indicators look more and more like 2007, and forecast the new global recession

Few people remember that the start of the Great Recession, and the lead-up to the 2008 credit crisis, began a year before when several economic indicators marked a tremendous slowdown and popping of artificial bubble throughout the world.  In fact, 2007 was when we saw the height of the last stock market boom, and where the Dow lost over 1000 points before the great crash occurred in October of 2008, leading to a 777 point drop in a single day.
But while the stock markets today are the primary benefactors of central bank cheap lending policies and near zero interest rates, equities were not the only indicators forecasting an oncoming crash.  And one of those alternative indicators was the amount of global trade taking place, which for the first time since the middle of 2009 reached an apex and began to slump.
Just like it did at the very end of 2007.
 

Greek Syriza members were ready to jail the bankers until P.M. Tsipris surrendered to the E.U.

In the Republican Party, not everyone follows blindly to the will and policies of the Neo-Con leadership.  All one has to do is look at the Tea Party, Ron Paul, and now, Presidential candidate Donald Trump to see that agendas within American politics are not always cut and dry.  And the same is true for political parties in other countries as even Greece’s ruling party Syriza has their own dissension occurring over accepting continued austerity for more money, or rejecting the Troika and seeking a fresh start outside the Euro and the European Union.
And in an interesting report came out on July 24, members within Syriza were ready to get violent and pull their own version of the ‘Iceland option’ by storming the Greek mint, and jailing their nation’s central bankers.
 

More important than China’s gold announcement, U.S. banks scared of dollar dumping as buyers dry up

When China announced their long awaited gold reserve update last week, both the markets and analysts were mystified at just how low the reported reserves were, especially since many knew that China was producing over 2000 tons per year, and buying upwards of 1000 tons per month over the past two years.  And while the news did little to affect the dollar or change opinion on the future of China’s currency, something else came in under the radar that is scaring U.S. banks immensely.
China is dumping their dollar reserves, to the tune of over $500 billion in just the past five quarters.

Tuesday, July 21, 2015

Got Karatbars? Germans seek capital controls while Greek banks beg customers to put their money back in

It is becoming more and more apparent why both Greece and Germany were unwilling to negotiate any changes to the debt contracts that have now led the Southern European country to give up some of their sovereign infrastructure just to be allowed to borrow more money to pay back to the banks.  Besides the fact that the Greek people no longer trust their banking system due to a recent three-week holiday which included access restrictions to their safety deposit boxes, Germany is experiencing their own liquidity problems within their banks as they commence new capital controls over those who might take their money out and move it outside the country.

On July 20, a new report out of Germany was published that shows that the government is working to deactivate a 23 year old service known as Maestro which allowed citizens to link their bank accounts directly to a debt card, which was backed by MasterCard, and usable anywhere around the world, and in any currency they needed.

The game is afoot to eliminate CASH. According to reliable sources, Maestro is seriously under attack. In Germany, Maestro was a multi-national debit card service owned by MasterCard and founded in 1992. Maestro cards obtained from associate banks and can be linked to the cardholder’s current account, or they can be used as prepaid cards. Already we see the cancellation of such cards and the issuing of new debit cards. Why? The new cards cannot be used at an ATM outside of Germany to obtain cash. Any attempt to get cash can only be an advance on a credit card.

Once they eliminate CASH, they will have total control over who can buy or sell anything. – Armstrong Economics

Yet as I noted at the beginning of this article, banking and monetary restrictions are occurring in BOTH Germany and Greece.  And after citizens nearly drained their banks of all their reserves a month before the bank holiday was announced, Greek banks are now begging their people to put their money back into the banks, and trust that access to their money won't be hindered.

President of Greek Banks Association Louka Katseli appealed at the citiznes to return their money to the banks. “Banks are absolutely trustworthy,” Katseli told Mega TV as guaranteed by the ECB and the Bank Association, but they would have been even more powerful if 40 billion euros had not been withdrawn in the last months.

Katseli, a former PASOK Minister, appealed to citizens to return their deposits  to the banks “now that the banks are open” after a three-week holiday and capital controls. - Keep Talking Greece

Would you trust a bank after they locked their doors and kept you from your money and possessions for three weeks time?  Especially in the midst of a game changing crisis?

However, many people in the U.S. will ignore these warnings and stick to the old belief that, "This would never happen here."  On the contrary, just last night on Coast to Coast AM, intelligence analyst Craig B. Hulet, a consultant to Homeland Security, the Pentagon, and even to Congress, offered the reasons why America is now going through a military exercise on U.S. soil known as Jade Helm.  And where the primary goal of the two month long exercise is to train the military for civil unrest, that is not unlike what is going on right now in Greece, for an expected banking and monetary crisis that could come as soon as September, and will include a bail-in that will take a minimum of 20% from all of your savings, checking, retirement, and pension funds stored in a U.S. financial institution.

(Listen to the first 40 minutes of last night's program)



So we now have not just the warning signs, but actions already taking place regarding a monetary and banking crisis that is now in its early stages.  And if trusting in banks is no longer the answer to protect and save your wealth and retirement, what solution is available?

The answer lies in Karatbars.






Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars



How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future. 

Germany fires first salvo in war to end use of cash by consumers

As Greece starts to deteriorate into near Civil War as citizens within the EU country are unable to fully access monies kept in their banking system, they are not the only entities experiencing problems that threaten the monetary liquidity of Europe.  In fact, in what may be the biggest irony from the year long battle between Greece and Germany over Greek debt, Germany is launching its first salvo in a new ‘War to End Cash’ by cancelling a financial instrument that has allowed account holders in banks since 1992 to link their money directly to a debit card which could be used for purchases and withdrawals.



Read more on this article here...

President Obama goes after those on Social Security with 21st century ‘Poll Tax’ to own a gun

In the beginning of America’s history, voting rights were initially restricted to landowners and those able to afford to pay a ‘poll tax’.  This of course kept many legitimate Americans from being able to vote and left elections only in the hands of those who were considered both productive, and who had a stake in protecting their own property rights.
It wasn’t until the 20th century when the 24th Amendment was passed that eliminated poll taxes, and opened the door for all Americans over the age of 18 to be allowed to vote.
But for President Obama, many Democrats, and a whole slew of liberals, one of their most important agendas is for draconian gun control and the removal of firearms from the hands of the citizens.  And where before the Supreme Court trumped un-Constitutional laws in locations like Chicago, New York, and Washington D.C., the Obama administration is once again trying to a new tactic, only this one involves a new 21st century form of a ‘poll tax’ dedicated towards those Americans who are disabled, veterans, and those on the government dole receiving benefits such as social security.
 

Obama so desperate to get nations into TPP that his administration upgraded country known for human trafficking

With China, Russia, and the BRICS nations making tremendous strides over the past year in free trade and economic cooperation, the United States has countered with a secret trade agreement called the Trans-Pacific Partnership (TPP).  This trade treaty, which was fast tracked by Congress just a few weeks ago, is a last ditch effort by Washington to keep a tight control over the remaining countries supporting dollar hegemony.
However, since many of the largest economies in Asia are already part of the SCO and ASEAN coalitions, the U.S. is being forced to lower standard requirements just so they can get a few more countries into their trade bloc.  And this even includes falsely upgrading Malaysia to a tier 2 country despite their record as a human trafficker, and their protecting international traffickers when mass graves were found holding bodies of migrants who were kidnapped for ransom.
 

Sunday, July 19, 2015

Got Karatbars? The next move by the Fed could alter your retirement savings forever

Ever since the Federal Reserve ended Quantitative Easing in 2014, the central bank has made promise after promise of finally raising interest rates from their historic near zero lows.  However, we are quickly coming up on the one year anniversary of the Fed proclaiming they were ready to raise rates, and the fact of the matter is, should the central bank actually follow through with their promises then the fate of America's current retirement system will be altered forever.

I know the first question that one would ask here is just how would raising rates effect retirement accounts like pension funds, 401K's, IRA's, and the like?  The answer lies in two fundamental truths about the financial system today, and what has transpired to bring us to this precipice seven years after the 2008 credit crisis.

Many retirees remember what happened within a year of the initial stock market crash on that fateful day in October of 2008.  The markets, which had reached an all-time high on the DOW less than a year before, would over the next 14 months drop by more than 50% and rest in the 6800's before the central bank intervened and began a new policy of zero interest rates, and massive money printing to fuel what would be known as the 'recovery'.

Since that time, and especially since 2012, the stock markets have not only shot through the old 2007 high of 14,600, but are now well above 18,000, with many individual stocks at their own all-time highs.  But the sad truth is, more than half of the entire stock market is owned not by mutual funds or retail investors, but by these same central banks who use the positive market to mask how bad the rest of the economy is, and prop up equities despite the fact that these companies are earning much less than they did before 2007.

So just how exactly would raising interest rates affect retirement and pension accounts?  First off, since the Fed has been the primary engine that has helped raise stock prices to begin with, the cost of money would increase to unsustainable levels for banks and investment brokers to borrow it.  Secondly, it is a given fact that if rates were raised, the markets would decline and even drop well into bear market levels, thus causing the returns and balances of pension funds in the market to drop dangerously.

At the local level, raising interest rates would cause municipal bonds, which are another key asset for state and local pension fund growth, to cost cities and states much more money than they can afford to service them, and at a time when not only are pension accounts way underfunded ($3 trillion combined for all 50 states), but since the general economy is bringing in less revenue, state and local budgets couldn't pay for the increased cost of new bonds at higher interest levels.

Stock market turmoil has wiped out roughly $2 trillion of Americans' retirement savings over the past 15 months, according to the Congressional Budget Office.

The value of pension funds and retirement accounts dropped by roughly $1 trillion, or almost 10 percent, in the year ending June 30, the CBO told the House Education and Labor Committee Tuesday, citing Federal Reserve data. Since then, asset prices have dropped even further. The CBO says that retirement assets may have declined by as much as $2 trillion over the past 15 months.

Individual 401(k) participants' average losses ranged from 7.2 percent to 11.2 percent in the first nine months of 2008, according to an Employee Benefit Research Institute analysis of 2.2 million participants. Over two thirds of the assets in 401(k)-style defined-contribution plans are invested in equities, either directly or through mutual funds. During the first nine months of 2008, stocks were down, with the S&P 500 index losing more than 19 percent. Fixed-income investments fared better, with the Lehman Aggregate index gaining 0.63 percent and three-month treasury bills gaining 1.54 percent. - Money.US News

With so many baby boomers retiring each year now, and so many millennials coming out of college who can't find jobs and contribute to the system, does anyone really think that the government, the Fed, or the economy itself would be able to handle the next financial crisis, which many analysts say will begin or occur in September/October of this year?

And with 2008 less than a decade ago, can we really think it will not happen again... especially with what is going on right now in Greece, China, and around the world?

So what is a viable solution to compliment your retirement savings that is dependent upon a system you cannot control, and is insolvent at so many levels?

The answer lies in Karatbars.






Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars



How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Greece is not the only country where pensions are at the root of an economic disaster

In the ongoing debt crisis taking place between Greece, Germany, and the EU’s financial Troika, Greek pensions remain squarely in the crosshairs for austerity cuts to allow acceptance of a new round of bailouts, and a saving of Greece’s insolvent financial system.  But with the global economy in decline and even recession despite manipulated equity market highs, the Damocles Sword of underfunded pensions elsewhere threaten to keep central banks and central planners from doing what is necessary to rebuild sectors within the economy that have been stagnant since the 2008 credit crisis.
One country in particular, that of the United States, is a poster child for underfunded pensions that could matriculate a domino effect on the nation’s entire financial system should the Fed even attempt to stimulate growth through the raising of interest rates.
 

The epidemic plague of debt and sovereign insolvency is accelerating around the world

When it comes to the financial state of most of the world’s economies, Greece is simply the most popular one right now to discuss within the daily news cycles.  However, since the inoculation given by most central banks after the 2008 credit crisis was to increase debt in an attempt to both recover from recession, and stimulate economic growth, the cure is proving to be much worse than the disease.
Greece has an unsustainable debt that has been conceded to by both the IMF and ECB, but the Southern European nation is just the tip of the iceberg for a growing epidemic of countries that are already insolvent, and carrying so much debt that it is mathematically impossible for them to pay off in this current monetary climate.  In fact, there are at least 24 insolvent and bankrupt nations, with another 14 very close to that same level, that are the tip of the iceberg since there appears to be no end to the debt plague that has engulfed the entire world like a ever growing black hole.
 

As Germany attempts to crucify Greece, their biggest bank is now under investigation for money laundering

Throughout the entire Greek crisis, German Finance Minister Schaeuble has been front and center in trying to hold a hard line against the Southern European country whom he believes should be given no mercy for the hundreds of billions of dollars worth of loans that went into the coffers of his and other banks, and not the Greek people.  In fact, the majority of the money Greece owes to creditors was not through any fault of their own, but as a result of a forced bank bailout made to institutions outside of Greece.
So while the German Finance Minister continues to pretend to be the arbiter of fiscal responsibility for Europe, on July 16 three new investigations began against Germany’s largest bank, which pertain to money laundering charges that have arisen amidst the sanctions the West has imposed on Russia.
 

Wednesday, July 15, 2015

Got Karatbars? Keynote speaker at recent Fed conference warns you need cash out of banking system

Dateline Greece: July 2015.  Bank holiday extends into second week with a new wrinkle added to the mix.

Greek people cannot access their possessions held in bank safety deposit boxes.

This is the second country within the past four years that has instituted a bank holiday, and capital controls which removed the power of its citizens to access their valuables from 'protected' safety deposit boxes housed in a banking institution.  Yet even with this evident and blatant attempt by the bank to keep the Greek people from their funds, the are not alone in government's wanting to ensure you keep your money where they can access/restrict/seize it in case of the next banking or monetary crisis.

Dateline United States: 2010  Department of Homeland Security issues proclamation under the Patriot Act where the government can access or seize the contents of your safety deposit box at anytime.

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that “under the Patriot Act” the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make “periodic and unannounced” visits to any bank to open and inspect the contents of “selected safe deposit boxes.”

Further, the DHS “shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence” any of the following items “bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature.” - Investment Watchblog

And of course, with the financial and monetary systems showing cracks in recent weeks, how long until the next liquidity crisis facilitates the implementation of Dodd-Frank legislation allowing for banks to confiscate your bank accounts to recapitalize their losses under a bail-in scenario?

The timeframe for this may be closer than we think.  In fact, a few weeks ago, well known financial analyst and author Nomi Prinz was invited to be the keynote speaker at a Federal Reserve conference.  Shortly after her taking time to address members of the world's largest central bank, Prins told Gerald Celente and King World News in an interview that the Fed 'has no idea what they are doing', and began sounding a warning call for people to act on their own rather than rely on the 'experts' at the central banks.

Yet Nomi Prins does have a solution, and one that she sees as the only viable option to protect your wealth, and be prepared for what is coming in financial markets.  Get into cash, gold, and get your money outside the banking system.

Central banks seek fresh ways to keep the party going as countries like Greece shut down banks to contain capital flight, and places like Puerto Rico and multiple states and municipalities face economic ruin. But they are clueless as to what to do.

In this cauldron of instability and lack of leadership, cash is the one remaining financial possession that Main Street can translate into goods, services and security. That’s why private banks want more control over it.

Banks Want Your Cash For Their Latent Emergencies

The notion of a bail-in, or recourse to people’s deposits, is related to the idea of restricting the movement, or existence, of physical cash. Bail-ins, like any cash limitations, imply that if a bank needs emergency liquidity, your deposits are the place to find it, which has negative repercussion on your own solvency. This is exactly what the Glass-Steagall Act of 1933, coupled with the creation of the FDIC sought to avoid – banks confiscating your money at the worst possible times.

The ‘war on cash’ is thus really a war on the difference between the money you can hold on to and the money the banks can take away from you. The existence of this cash debate underscores the need for a personal policy of cash extraction from the big banks. Do you have one? - Nomi Prins, Silver Doctors

So if you are like most people, and don't have a huge net worth, or a network of insiders to help you move your money out of a bank and into a more protected structure, what is the answer?

The answer lies in Karatbars.





Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars



How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

History repeats: Just as in 1933 America, Greeks today cannot access their safety deposit boxes in banks

In the prepper community, as well as in alternative finance, there is a constant belief… if you don’t hold it, you don’t own it.  And in the Greek crisis that is raging right now in Southern Europe, and between the German establishment, the un-elected Troika, and the impoverished Greek peoples, the history of 1933 America is once again proving itself out as the bank holiday occurring right now in Greece is prohibiting depositors the power to access their rightful possessions held in safety deposit boxes.


Read more on this article here...

German coup over Greece sees new rise of the 4th Reich in Europe

Politicians are not leaders… nor are they statesmen who are willing to make the hard decisions despite the potential loss to one’s career or reputation.  And just days after the only Greek minister with the fortitude to stand up to the Troika resigned from office, it appears that not only is Greece ceding to another generation of austerity, but in doing so is giving up their sovereignty and possessions for a few billion euros from the real masters of the continent.
Germany.
At the beginning of the 20th century, and then again near its midpoint, the German empire rose and fell twice only to hide in wait as the Cold War placed its dream of continental domination on the shelf.  But in the 1990’s when the Soviet Union and Berlin walls fell, Germany began a new empiric rise that would come not from soldiers, artillery, and tanks, but from economic means and power over European banks.
And on July 13, the emergence and rise of the 4th Reich took place as Greece not only capitulated to Germany in an utterly humiliating defeat, but voluntarily gave up their sovereignty, their future, and their legacy simply for new debt that like their current obligations, can never be repaid.