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?

Showing posts with label Mario draghi. Show all posts
Showing posts with label Mario draghi. Show all posts

Sunday, February 19, 2017

Is Germany's gold repatriation in preparation for end of Euro as Chancellor Merkel questions solvency of the currency

Sometimes events that coincide with certain actions taken are little more than coincidental, or at most unforeseen consequences of those changes to the norm.  But for the most part in the political sphere, when actions are taken they are done with a purposeful agenda in mind, as validated by a quote made 80 years ago by then President Franklin Roosevelt.
“In politics, nothing happens by accident. If it happens, you can bet it was planned that way.”
Now with this in mind there were two key activities and comments that took place in Germany over the last seven days which can easily lead to a conclusion that the largest economy in the Eurozone is expecting a mighty sea change to Europe's current monetary system.

Germany has finally received half of the gold they initiated repatriation of

Over the past 10 days Germany finally received a large portion of the gold they demanded be returned from both the New York Fed, and from banks throughout Europe that have held their gold since the end of World War II.  And in an op-ed from CNBC a few days ago, the question as to why they wanted or needed this gold was asked.

An official announcement last week that the Bundesbank had pretty much repatriated half its gold reserves ahead of schedule has once again sent the rumor mill into overdrive. 
And the talk has now stepped up a notch with the Bundesbank confirming Thursday that it has already moved 583 tons of gold out of New York and Paris. Its plan to hold half its gold in Frankfurt is now three years ahead of schedule. 
Reporting the news, Reuters said that some argue the world's second-biggest bullion reserve "may be needed to back a new deutsche mark, should the euro zone break up." This seems pretty far-fetched, especially given that the Bretton Woods system of fixed exchange rates ended back in the 1970s. Could Berlin really be prepping for the fall of the euro? - CNBC
Yet speculation in the business media is not enough to validate why Germany is choosing to focus on their gold repatriation now after saying three years ago that it was no longer a concern.  That is until we look at comments made by Chancellor Angela Merkel on Feb. 18 where she finally admitted that there are serious problems with the Euro, and even went as far to blame Mario Draghi and his monetary policies done through the European Central Bank.
Two weeks ago, German finance minister Wolfgang Schauble confirmed Donald Trump's charge that the Euro is far "too low" for Germany, but said he is unable to do anything about it and instead blamed Mario Draghi. “The euro exchange rate is, strictly speaking, too low for the German economy’s competitive position,” he told Tagesspiegel on February 5. “When ECB chief Mario Draghi embarked on the expansive monetary policy, I told him he would drive up Germany’s export surplus . . . I promised then not to publicly criticise this [policy] course. But then I don’t want to be criticized for the consequences of this policy.” 
Then, on Saturday, his boss German Chancellor Angela Merkel echoed her finance minister, and also admitted that the euro is indeed "too low" for Germany, but once again made clear that Berlin had no power to address this "problem" because monetary policy was set by the independent European Central Bank. 
"We have at the moment in the euro zone of course a problem with the value of the euro," Merkel said in an unusual foray into foreign exchange rate policy. - Zerohedge
But the problems with the Euro currency go far beyond the ineptitude of the former Goldman Sachs banker who plays the role as Master of the Universe over Europe's monetary system.  This is because the rising tide of populism has become a real threat to the end of the Euro and even the European Union, with Italy, France, the Netherlands, and possibly even Greece all threatening to leave the currency and Union should elections pan out as currently predicted for these nation states.

Germany's biggest financial fear is inflation, and over the past several months their economy has been experiencing sharp rises in prices as debt, liquidity, and even banking problems hover like Black Swans over their, and the entire EU financial system.  And it is becoming apparent that the Germany government is taking no chances by accelerating their repatriation of their gold, because the writing appears more and more on the wall that gold will be the money of choice after the next crisis hits.

Friday, February 10, 2017

European Commission rushing to eliminate the Euro before the rest of the EU nations do

In the wake of declining economic conditions, and the fact that there is now a race against the clock for the European Commission to lock into place its ultimate authority before the entire European Union breaks apart from a populist revolt, the EC is rushing out to enact an new Action Plan that would eliminate physical euros from use in commerce.

This plan is also being forged as the European Central Bank runs out of options after driving interest rates into negative territory, and after having bought so many corporate and sovereign bonds that there is little more Mario Draghi can do to keep Europe's economy together.

Sweden
In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years. 
The financial uncertainty amplified by Brexit has incentivized governments throughout Europe to seize further control over their banking systems. France and Spain have already criminalized cash transactions above a certain limit, but now the commission has unilaterally established new regulations that will affect the entire union. The fear of physical money flowing out of the trade bloc has manifested a draconian response from the State. 
The European Action Plan doesn’t mention a specific dollar amount for restrictions, but as expected, their reasoning for the move is to thwart money laundering and the financing of terrorism. Border checks between countries have already been bolstered to help implement these new standards on hard assets. Although these end goals are plausible, there are other clear motivations for governments to target paper money that aren’t as noble. - The Anti-Media
Many analysts, including one of the original architects of the Euro, have stated that the flawed currency is quickly perishing, and that nations within the EU are more than likely going to return to their own sovereign currencies.  However this would mean that the EC, and well as the ECB, would lose tremendous power, and as a result they are pushing hard to eliminate physical cash in order to enact a purely digital system through which they can dominate both nations and people by utterly controlling Europe's monetary system.

As we have seen so far in India's failed experiment to eliminate cash and attempt to bring the country's 1.3 billion people into a completely digital system, much of their economy has broken down, and the people have rebelled in a myriad of ways.  And with more and more Europeans waking up and recognizing that the EU experiment has been a hindrance to freedom, prosperity, and cultural sovereignty, the race is on to see who will succeed first... mass exits, or ultimate control over the continents money and banking systems.

Sunday, March 13, 2016

Finland to discuss whether to leave the Euro currency

First there was Greece (Grexit), who looked long and hard at leaving the Eurozone during last year’s financial crisis.  And that discontent is being followed up now in Britain (Brexit), who is expected to propose a referendum to have a vote on whether to stay or leave the union sometime in 2017.
And with Mario Draghi and the European Central Bank (ECB) taking interest rates down to zero on Thursday, and in some parts of the lending facility below that into negative territory, one Northern European member is taking a long look at whether to leave the Euro currency following a public petition that has now moved the idea into their legislature to debate on the issue.

Read more on this article here...

Friday, March 11, 2016

On same day European Central Bank fires massive stimulus to bail out banks, gold reaches highest price in 13 months

Make no mistake, yesterday's new policies from Mario Draghi and the European Central Bank (ECB) were a last ditch attempt to fight against deflation, and perform a backdoor bailout of several insolvent banks.  And what was most interesting was how the markets reacted in a way which shows that no one trusts central banks anymore to be competent to resolve economic problems, and this was seen inexplicably in the Euro currency and in gold prices.

In fact, going through the end of U.S. trading and into the first few hours of Asian trading, gold soared to its highest level in 13 months, hitting an intra-day high of $1282.

gold_euro_march_2016
Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and initiated more interest-rate cuts, a significant extension in currency printing and bond purchases and also a potential subsidy to banks lending. - Goldcore

ECB head Mario Draghi validates that markets are tied to interventions, not fundamentals

On March 10 the European Central Bank (ECB) issued its highly anticipated policy announcement, and the shift from simply watching market action from the shadows is now over.  This is because ECB head Mario Draghi rocked the financial world with a Euro denominated bazooka, and proved once again that markets no longer function on fundamentals, but instead on credit based interventions.
Although not quite going full tilt into negative interest rates, the ECB did lower rates at its primary lending facility to zero from 0.05%, and dropped its deposit rate 10 bps to -0.40 which is an indication the central bank wants Europe’s financial institutions to borrow and spend rather than borrow and save.

Read more on this article here...

Thursday, March 10, 2016

Got Karatbars? China sees 25 percent decline in exports and ECB goes to zero as Draghi fires new bazooka shot at economy

Five years after beginning the global push for low interest rates and massive stimulus, central banks continue to have to do even more just to sustain economies from falling back into the Great Recession.  And despite the fact that they also continue to jawbone the mantra that the economy is doing well, and in recovery, it is quite confusing that they seem to ignore the actual data, yet feel a requirement to intervene in greater and greater ways as if the global economy was on the precipice of collapse.

This is why two major data points this week should be warning signs as to the real state of the global economy, and why central banks have been casting their 'bread upon the waters' for potential policies like negative interest rates (NIRP) and the banning cash.  And while ECB head Mario Draghi today didn't quite enter full tilt into NIRP on their lending rate, they did remove the last remaining basis points (bps) and took it full down to zero.


(1) The interest rate on the main refinancing operations of the Eurosystem will be decreased by 5 basis points to 0.00%, starting from the operation to be settled on 16 March 2016.  
(2) The interest rate on the marginal lending facility will be decreased by 5 basis points to 0.25%, with effect from 16 March 2016.  
(3) The interest rate on the deposit facility will be decreased by 10 basis points to -0.40%, with effect from 16 March 2016.  
(4) The monthly purchases under the asset purchase programme will be expanded to €80 billion starting in April. - To the Death Media
Yet Europe's continued economic woes are not the only signals marking a return towards recession and a coming collapse event.  In China, where GDP growth declined to under 7% for the first time in several years, exports fell over 25% for the 4th quarter, showing that nations are finding it difficult to purchase goods for domestic retail, and validating the immense and historic drop in shipping via the Baltic Dry Index.



So with the global economy showing signs of a new recession, and central banks like the Fed, ECB, and Bank of Japan still implementing monetary policies that belie the propaganda of economic 'recovery', where does that leave you as an individual to protect yourself from markets that are sustained only with intervention, and currencies that are fighting one another to see who can devalue the most the fastest?

You can do so with the best performing asset of 2016... gold, and you can do this with the best company in the world that is built on helping you buy affordable gold no matter the swings in price.

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, Karatbars is working on a new e-wallet system 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.

Sunday, January 31, 2016

Another Goldman Sachs banker involved in financial scandal

With Goldman Sachs representatives running high government positions all across the globe, it is not surprising when the bank gets caught being involved in financial scandals with foreign leaders and governments.  From the now European Central Bank head Mario Draghi regarding his involvement in the masking of Greek debt to get them into the Eurozone, to the former Prime Minister of Italy’s Mario Monti, who did the same for that country’s entry into the coalition, the banking firm has its tentacles in nearly every seat of power in the world.
So when a scandal broke in Malaysia earlier this month regarding their state run wealth fund, chances were good that the bank involved in the alleged fraud was none other than Goldman Sachs.
And it was.

Read more on this article here...

Saturday, January 23, 2016

Global elite flock to Davos in a failed attempt to stop markets from collapsing

Yesterday marked the end of the annual World Economic Forum in Davos, Switzerland, and saw the world's elite and central bankers discussing plans for how to deal with an economic meltdown that former BIS Chief Economist William White called, 'worse than in 2007'.


Yet even with ECB head and former Goldman Sachs banker Mario Draghi stick saving the markets on Thursday and Friday with more rhetoric of new rounds of money printing, the core fundamentals of the global economy remain on a course for total meltdown.



Saturday, October 24, 2015

Wonder why stock markets soared after Mario Draghi’s speech on Thursday?

It is a given that the computer driven algo’s always run wild on days in which central bank leaders speak, but what was most important about ECB head Mario Daghi’s speech on Oct. 22 was not necessarily what he actually said, but what he implied for new policies going forward.
During his press conference, Draghi announced that interest rates within the Eurozonewould remain at zero, with the potential for more quantitative easing coming on the horizon should deflation and economic conditions merit it.  However, since the European Central Bank could not even spend all of its proposed one trillion euros through the buying of toxic bond debt from the banks, the question arises on what exactly will the ECB use its money printing mechanisms to prop up.
The answer may lie in following the same course that the Federal Reserve and Bank of Japan did… buying stocks and propping up the equity markets.

Read more on this article here...

Tuesday, August 18, 2015

Slowly but surely, Goldman Sachs is taking over the Western banking system

It is fascinating to think that just seven years ago, Goldman Sachs was on the cusp of bankruptcy.  However, thanks to a former CEO of Goldman (Hank Paulson) being in place as the Secretary of the Treasury at the time of the financial meltdown, the bank to the elite was saved when taxpayers bailed out AIG, and allowed Goldman to collect 100% on their worthless securities.
And since this recovery by Goldman on Wall Street, the bank has only gotten stronger, with several more former bankers having moved into key positions in the government and the nation’s central bank.  And with the Fed’s newest President being elected on Aug. 17, there are now three former Goldman bankers running America’s central bank.

Read more on this article here...

Monday, December 22, 2014

Since 2014 failed to do global currency reset, 2015 may be the year of the bail-in

Many analysts predicted that 2014 was going to be the year of the global currency reset, and an attempt by several nations to stop the inevitable collapse of the fiat currency system that has been run into the ground by central bank policies.  However, according to financial statistician Dr. Jim Willie, it was the United States who balked on this, and instead funded the violent overthrow in Ukraine to raise the stakes on their need to hold onto the reserve currency at all costs.
 
But since there was no change to the debt fueled economies and monetary systems during 2014, the consequence may rear its ugly head next year as banking systems and the G20 are setting the stage for 2015 to be the year of the bank bail-in.
 
 
Read more on this article here...

Tuesday, June 10, 2014

ECB to kill savers with new Negative Interest Rate Policy

After two years of continuous jawboning, the head of the European Central Bank (ECB) finally acted and laid down a new policy that will destroy savers and anyone who wishes to protect their cash in the fiat currency system.

On June 5, Mario Draghi lowered the interest rate for banks to a negative interest rate in an attempt to stave off the massive deflation that was creeping into the EU and in essence, kick the can down a pathway in which there is no return.



Read more on this article here...