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 goldman sachs. Show all posts
Showing posts with label goldman sachs. Show all posts

Thursday, April 20, 2017

Billionaire investor announces he has put 10% of his money into Bitcoin and Ethereum

A former hedge fund manager and partner over at Goldman Sachs announced on April 19 at a forum at Harvard University that he has put 10% of his net worth into Bitcoin and Ethereum.

Billionaire Mike Novogratz also stated that he considers his investment into crypto-currencies as the 'best investment of his life', and considers that these and other forms of blockchain based currencies will be the future of money and finance.

Image result for bitcoin investment
Billionaire investor Mike Novogratz is betting big on digital currencies like Bitcoin and Ether. 
"Ten percent of my net worth is in this space," Novogratz said at a forum held at the Harvard Business School Club of New York Wednesday. He declined to say exactly how wealthy he is, but he's a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner who made the Forbes billionaire list in 2008. 
It's the "best investment of my life," Novogratz said. - CNN Money

Sunday, January 29, 2017

Signal or deception? Lady Rothschild tweets that gold is set to go higher

There are interesting dichotomies when it comes to investing, and often it can depend on which source one follows.  For example, entrepreneur and wealth coach Robert Kyosaki advocates that if you want to be rich, do what the rich do.  Yet on the other side of the token if you are a client of top investment bank Goldman Sachs you often receive tips and information that will make you lose money since the bank itself regularly bets against the advice they give to their customers.


So with this in mind it was rather interesting this evening when we noticed that Lady De Rothschild had tweeted out two days ago that gold is poised for a rebound and why it should go higher.
And yes, this is the same Lady De Rothschild that is part of the global banking dynasty, and close friends with Hillary Clinton.

In addition to the tweet, Lady Rothschild also cited an article by CNBC which forecasted that gold should have a pull back here at the end of January due to what is known as Quad Witching (options expiration, Fed FOMC meeting, Jobs Report, and China being off due to the week long Chinese New Year).
With the Lunar New Year holidays starting in China on Friday and markets closed next week, demand for gold will see a decline, the report said. Gold prices have drifted down a bit ahead of the Chinese festival. The precious metal is trading nearly 8 percent higher over a 12-month period but is down more than 6 percent since the U.S. elections. 
"We think gold's performance, as the typical Q1 seasonal demand fades, should provide a good gauge of investor sentiment towards gold at this point." - CNBC
One thing that is always certain regarding given advice no matter from which quarter of the market it comes from... the elite are always ahead of the game when it comes to buying investments and quite often will only drop hints on what they believe assets will do only after they already have bought their desired stake in the stock, bond, or commodity they believe (or wish) will go higher.

Wednesday, October 19, 2016

Former Goldman Sachs analyst who predicted 2008 crisis now telling investors to get into gold as we enter new recession

Despite the recent pullbacks in the gold price over the past month, one well respected analyst and investor stated in an interview on Oct. 19 that gold will not only go much higher during the next financial crisis that is inevitable because of negative interest rates and geo-political uncertainty, but that it is the most stable 'currency' to have your wealth stored as in what is to come.

Raoul Pal is a former Goldman Sachs analyst and trader who now owns a proprietary company called Global Macro Investor.  And while admitting he is and has never been a gold bug, he and many of his investment peers are all recommending gold as a necessity in the world's current and fragile monetary environment.

Mirror, mirror on the wall, which asset is most mispriced of all? According to a Goldman Sachs alum who predicted the financial crisis in 2008, it’s gold. 
The precious metal should be a lot more expensive when the likelihood of a global financial collapse and a move toward negative interest rates is accounted for, says Global Macro Investor founder Raoul Pal, who now sees a U.S. recession within 12 months. 
Uncertainty about Brexit and the timing of a Federal Reserve rate hike triggered a rush into the dollar, which often moves inversely to the metal. (Higher rates can work against gold, but the metal becomes a safe haven if the economy slows.) 
“As we get to negative interest rates, gold is a good place to park your cash,” said Pal, who discussed his outlook with MarketWatch in a September interview and a follow-up conversation over email. 
“I’m not a gold bug,” the former GLG Global Macro Fund co-manager — who is also watching the dollar closely — “but this is the currency I would choose now.”
Pal, an economist and strategist, also co-founded Real Vision TV, which conducts interviews with prominent investors. Many of his recent guests share his enthusiasm for gold, according to Pal. 
“All the really serious thinkers are interested in gold,” he said. - Marketwatch

Saturday, October 8, 2016

Both foreign buyers and bank analysts see recent price declines in gold a fantastic buying opportunity

With gold prices falling below $1300 per ounce for the first time since July this week, many mainstream analysts who hate the monetary metal jumped on the bandwagon to say the Gold Bull Run was over, and to expect prices to decline much more than where they closed out the week.  However, this analysis is not proving itself out in the physical market where buyers of both gold and silver are using this pullback as a great buying opportunity.

In fact, several gold and silver businesses saw single day sales of several million dollars, with the U.S. Mint selling at least 1.4 million coins to dealers this week alone.

How fast things can change in the PHYSICAL markets when paper prices are smashed.
Gold Eagles, Gold Maples, Krugerrands, Phils, and even private mint 1 oz gold bars are now ALL on 1-2 week delays at the wholesale level in the US after this week’s massive rush to physical. 
Same Story In Silver: 
Wholesale premiums jumped .30 - .50 on 90% Junk Silver Coins this week, with similar increases passed on at the retail level. - Silver Doctors
Reports on tremendous buying of physical gold this week were not limited to bullion dealers as analysts from both Goldman Sachs and Merrill Lynch agreed that the recent pullback of nearly $100 will quickly be filled by foreign buyers in both China and India, as well as those who continue to see financial conditions deteriorate.
Investors should use the recent drop in gold prices as a buying opportunity, as increased volatility in the market ahead of a potential Fed interest rate hike could lead investors to seek refuge in the precious metal, according to Francisco Blanch, head of global commodities and derivatives research at Bank of America Merrill Lynch. 
"Gold is really thriving on uncertainty, and frankly, on the end of the U.S. [rate] cycle whenever that happens," said Blanch. 
The commodities expert believes that once the U.S. central bank decides to raise interest rates, potentially causing equities to sell off and the dollar to rally, investors will see gold prices stabilize and eventually trend higher. - CNBC
As you can see from the chart below, immediately following the 2008 financial crisis gold prices fell from over $1000 per ounce down to $740, only to begin their next leg up to over $1900.


Don't let the pullbacks in gold be a deterrent to sell, as the long term trends of a gold bull market, as well as financial instability, have not changed in a week's time.  And instead look at this pullback as a buying opportunity, just as it was in 2009 before the central banks began their six year programs of zero interest rates and quantitative easing.

Monday, October 3, 2016

New head of the London Gold markets is a former employee of one of the central banks that manipulates gold prices

One of the biggest jokes going around in the U.S. is that the Treasury Department is little more than a 'trading desk' for Goldman Sachs.  That is because several of the most recent Treasury Secretaries have worked for the Wall Street giant, and their touch extends even beyond Washington and into the halls of the European Commission in Belgium.

So with this in mind it should come as no surprise that the new head of the London Gold markets is a former executive with one of the most manipulative central banks against the gold price.

One of the most interesting points in the previous article referred to the very recent appointment of a very recently departed Bank of England senior staff member, and former head of the Bank of England Foreign exchange Division, Paul Fisher, as the new ‘independent‘ chairman of the LBMA Management Committee / ‘Board’. Paul Fisher has also in the past, been the Bank of England’s representative, with observer status, on this very same LBMA Management Committee (now LBMA Board) that he is now becoming independent chairman of. Fisher is replacing outgoing LBMA Board chairman Grant Angwin, who if from Asahi Refining (formerly representing Johnson Matthey). - Bullion Star
The significance of this appointment is that London currently remains the most important gold market in the world, and has the authority to set prices two times a day.  However this power is being threatened very strongly by China, which now has the largest physical gold market in the world based in Shanghai.

And on a side note, it is also extremely interesting to see how most of the world's central banks are treating Deutsche Bank these days, especially in light of the insolvency crisis they are currently experiencing.   After all, they were the ones who informed regulators earlier this year that central banks, including the Bank of England, have been manipulating the price of gold for years.

Thursday, September 15, 2016

Got gold? Goldman Sachs and Wells Fargo scandals show why it is no longer safe to store your wealth in a bank

Within the past seven days two major banks revealed why it is no longer safe to hold your wealth in financial institutions.  First with the Wells Fargo fraud scandal, where employees opened over a million fake accounts under real people's names to commit identity theft, and then with Goldman Sachs, who was discovered to have re-hypothicated customer deposits to use in making risky and speculative bets in the stock markets, the bottom line is that there are few protections available for depositors to protect their money in a bank today.

All this shows that not only have the regulators and the government accomplished nothing in 'fixing' the problems that allowed banks to commit fraud and crimes at will, but now they have given many of them some legal justification to do so... as in the case of Goldman Sachs where the Dodd-Frank Wall Street Reform Act turned your deposit into an unfunded liability that allows banks to do with your money as they see fit.

goldman sachs
As Goldman Sachs Group Inc (GS.N) has built its U.S. consumer bank, it has established a team to put its deposits to work on Wall Street, a telling development about Goldman‘s ambitions for the retail bank. 
Led by 40-year-old Goldman partner and credit trading veteran Gerald Ouderkirk, the team’s job is to use consumer deposits and other types of funding for trades, investments and big loans to earn profits, people familiar with the matter told Reuters.
It is no longer a matter of being prepared to deal with taking your wealth out of a bank only when a potential financial crisis appears on the horizon, as the possibility of you losing your money during even normal times is now just as great.  And in the end it is our responsibility, and not our brokers, bankers, or our government's, to protect our wealth and to know the playing field as it exists following the changes that took place after 2008.

Got gold?

Tuesday, August 9, 2016

London to open new LMEprecious ETF to sell paper gold futures contracts to customers (suckers)

As the new Gold Bull market continues to grab ever larger portions of both individual and fund investment monies, Wall Street and the City of London are rushing in with new products to try to ensure they can direct these investments into their paper ponzi schemes, rather than into actual physical gold bullion.



And on Aug. 9, the World Gold Council announced that the London Metals Exchange (LME), along with many Western banks such as J.P. Morgan and Goldman Sachs, are creating a new paper gold futures market called LMEprecious which will introduce a suite of exchange-traded and centrally-cleared precious metals products for clients (err suckers) to put their money into.
The World Gold Council and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, today announce their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. 
Today’s announcement follows an extended process of engagement with major market participants and users, and the LMEprecious service has been designed based on extensive consultation with core market players. Advanced discussions are taking place with a number of other leading institutions that have indicated their strong support for this initiative. 
Aram Shishmanian, the Chief Executive of the World Gold Council, said: “This is another important step in the modernisation of the gold market. It will strengthen London’s position in the global gold market, enabling it to meet the needs of all participants, attract new players and satisfy the highest standards of regulatory compliance. 
”We are proud to have been the catalyst for this process, defining the new trading capabilities and driving market engagement. We are confident that the new offering will be successfully implemented and supported by the market.” 
LMEprecious will comprise spot, daily and monthly futures, options and calendar spread contracts for gold and silver. Future developments will include platinum and palladium contracts.  All trading will be centrally cleared on LME Clear, the LME’s cutting-edge, real-time clearing house, and leverage the London market’s existing delivery infrastructure. The new product suite will complement the bilateral over-the-counter (OTC) market, offering market participants similar levels of execution flexibility, including the ability to bring bilaterally negotiated (phone-based) trades into clearing. Market participants will also benefit from tight on-exchange price discovery and a product model designed to maximise capital efficiencies. - World Gold Council
The City of London has controlled gold prices for over 100 years through their daily 'Gold Fix'.  And as the creation of China's Shanghai Gold Exchange physical gold mechanism threatens the authority of the UK to continue in this capacity, the banks are working overtime to try to keep their lock on precious metal pricing, and by directing investors into their schemes of paper etf's it appears to be a last desperate act to hold onto this power.

But all every gold and other precious metal owner needs to remember... if you don't hold it, you don't own it.

Thursday, June 16, 2016

Libya sues Goldman Sachs for using hookers as bribes to mislead the sovereign fund in 2008

Bankers involved with hookers, drugs, and bribes?  Nah, that would never happen.. but the sovereign investment fund for Libya’s national government begs to differ as they announced on June 14 that it indeed happened, and they are taking the Goldman Sachs to court for using these types of bribes to secure risky contracts that were lost during the fallout of the 2008 Credit Crash.
Libya’s national investment fund is seeking restitution for $1.2 billion it says was lost through investments made by Goldman Sachs, who put the money in toxic and risky investments which completely deteriorated when the global financial system collapsed eight years ago.
Hang-a-Banker
Read more on this article here...

Monday, May 16, 2016

Major banks desperate for liquidity want you to open new accounts

An interesting thing happened along the way to insolvency for major banks dependent more upon zero interest rate borrowing from the Fed than from everyday depositors.  And that being, the banks now desperately want your money and are willing to pay for it.
Within the past few weeks, both Goldman Sachs and Deutsche Bank are offering between 1-5% yields for simple savings accounts when for the past seven years depositors were not only receiving less than 1%, but the days of free checking were now long over.
Deutsche-Bank
Read more on this article here...

Friday, March 25, 2016

Too big to jail continues for bankers at Goldman Sachs and the Fed

President Obama’s legacy will include many stigmas when it comes to finance and economics, but perhaps no more so than his administrations policy of ‘too big to jail’.  Coined first by the former Attorney General Eric Holder (who was a Wall Street lawyer and went back to Wall Street at the end of his tenure), this policy has allowed banks to defraud the public for trillions of dollars over the past eight years.
And the newest farce of the justice system occurred on March 22 when a U.S. Magistrate gave a now former Goldman Sachs employee a slap on the wrist for committing fraud by receiving and passing on insider information from the Federal Reserve that was used for profit prior to its public disclosure by the central bank.

Read more on this article here...

Wednesday, March 23, 2016

Ted Cruz disproves he’s an outsider by hiring the one who removed Glass-Steagall

There has already been much rumbling over whether Presidential candidate Ted Cruz was a conservative outsider whom the establishment hated, or if he was simply a wolf in sheep’s clothing to give Republicans the illusion of choice.  And on March 18, Cruz’s facade was completely shattered when he hired the individual behind the removal of Glass-Steagall as his economic adviser.
In addition to now bringing former Senator Phil Gramm to his campaign, Ted Cruz has done at least two things that have made voters question his stance as a ‘champion against the establishment’.  First, he covered up a loan made with Goldman Sachs to help fund his Senatorial campaign and shrugged off the fact that his wife works for a bank that was bailed out during the 2008 Credit Crisis.  And secondly, after months of rhetoric to bring forward a bill to audit the Fed, he chose to be absent on the day of the vote.

Read more on this article here...

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...

Wednesday, January 27, 2016

Goldman Sachs fined only $5.1 billion for causing 2008 financial crisis

It pays to know the right people when it comes to most things in life, and this axiom cannot be said any better for the financial institution known as Goldman Sachs.  Seven years ago, the bank that feeds executives into the highest levels of government and central banks should have gone bankrupt and disappeared like Bear Stearns and Lehman Brothers.  But thanks to one of their own being in the position of U.S. Treasury Secretary, not only was the financial institution bailed out with taxpayer money, they also were the only bank to receive 100 cents on the dollar for their toxic assets tied with insurer AIG.
And now in 2016, regulators within the government have finally decided to make Goldman pay for their involvement in nearly bringing down the entire global financial system by quietly giving them a slap on the wrist, and imposing a meager $5.1 billion fine for their actions.

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...

Saturday, August 15, 2015

Depostors bank account’s are now eligible to pay Goldman Sach’s bonuses when the bail-in comes

Back in 2008, the public went wild over the government’s use of taxpayer money to bail out insolvent banks who had speculated and lost during the Housing Bubble bull market.  But even this was not as critical as the rage the American people felt when these same banks gave their executives massive bonuses based on capital received from that bail out.
And now seven years later, one of the major culprits who should have gone the way of the dodo bird is setting up to one day fleece the American people once again, only this time it will be under the auspices of the now infamous Dodd-Frank legislation that allows for depositor bail-ins during a monetary or banking crisis.
That culprit is none other than Goldman Sachs, who on Aug. 13 just added commercial banking to their repertoire by acquiring GE Capital Bank (“GECB”), and their $8 billion of online deposits.

Read more on this article here...

While the Fed tells Americans one thing, two major banks purchase tons of physical gold

There is a reason why CNBC has lost over 40% of their viewers after the 2008 Credit Crisis, and it is primarily because people have come to realize that most business networks are simply shills for the elite, and promoters of the Federal Reserve’s party line.  And to validate this, all one has to do is look at a recent article from the Wall Street Journal where a pundit sought to equate gold to that of a pet rock, and continue a long-standing trend of disparaging the one true form of money that has outlasted any manufactured script over the past 5000 years.
Yet one of the reasons why these mainstream news entities play this game of cover-ups, obfuscations, and lies is that while they work hard to dissuade people from putting their money into actual assets of worth, behind the scenes the banks and hedge funds are buying the things they tell you not to because they know in their own hearts the real truth of the state of the financial system.
And while the Wall Street Journal is calling gold a fad, and little more than today’s ‘Pet Rock’, two major banks have purchased tons of physical gold on the cheap.
 
Read more on this article here...

Friday, June 26, 2015

TPP: Republicans will always stand with Obama when their corporate masters order them to

Well, it’s been seven months since the Republicans overwhelmingly took control over both Houses of Congress, and it appears that the old axiom is still correct… meet the new boss, same as the old boss.
Because contrary to the public’s opposition to the Trans-Pacific Partnership treaty, the sure fire way that the Republican party will always stand with President Obama is when their corporate masters pay them to, and order them to pass or vote on legislation meant to increase power to banks and businesses.
 
Read more on this article here...

Sunday, April 26, 2015

U.S. financial police nab scapegoat trader to protect continued manipulation by HFT systems

In the middle of 2014, the world finally got a look at how brokers and hedge funds manipulate the stock markets through High Frequency Trading (HFT) computers that see every trade before it happens, and can submit billions of trades before the regular investor’s request is filled.  The outlay of this fraud was described in the fictional novel by Michael Lewis titled, Flash Boys, and led to a full blown propaganda campaign by brokers and the mainstream media to discredit Lewis’s assertion that the entire market is rigged.
But within all of this were the traders who actually knew for a long time that computer algorithms were at the top of the market food chain, and one trader in particular, Nav Sarao, not only learned how to analyze these algo’s but he also discovered how to use them to profit on his own by following their trends and patterns.
Which of course is why the CFTC on April 21 decided to indict the foreign national who dared profit from their own fraudulent mechanisms and attempt to make him the scapegoat to turn the public’s eye away from the real wizard behind the curtain.


Read more on this article here...

Wednesday, February 4, 2015

Son in law of Bill Clinton loses hundreds of millions betting on toxic assets

As the financial world turns its head away from Russia for awhile to look once again at the revolving debt door that is Greece, one interesting fund manager has now made the same mistakes as the former CEO of MF Global John Corzine did a few years back by betting on Greek toxic debt and paying the price for the risk folly.  On Feb. 3 it was announced that Marc Mezvinsky, the husband of Chelsea Clinton and son-in-law of former President Bill Clinton, lost around 48% of the $400 million hedge fund he managed with Eaglevale Partners.  In addition, the fund was co-managed by two Goldman Sachs bankers who like their parent employer, have a long track record of risky speculations that lose a lot of money for their clients.



Read more on this article here...

Monday, December 1, 2014

Goldman Sachs joins three other major in banks in lawsuit tied to metals manipulation

The price rigging and manipulations just keep on coming in the Western financial system as a new lawsuit filed against Goldman Sachs, HSBC, and two other major banks accusing the institutions of wide-spread price fixing in Platinum and Palladium over a sever year period has been filed in Federal court this week.
 
The lawsuit filed in a court in Manhattan was done by Modern Settings LLC, a Florida-based maker of jewelry and police badges, and brings a to a judge a case where losses incurred to both businesses and customers equates to millions of dollars in over-pricing tied directly to commodity broker manipulation.
 
 
Read more on this article here...