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 janet yellen. Show all posts
Showing posts with label janet yellen. Show all posts

Thursday, February 2, 2017

With Donald Trump now in Office, Congress finally gets the courage to put the fear of God into the Fed, and Chairman Yellen

There is an interesting dichotomy that is now occurring since the Republican Party took over control of both houses of Congress, and the office of the President... and that is a new focus on the Federal Reserve and the illegal activities they have been allowed to conduct for eight years under Barack Obama.

Image result for hang central bankers

A number of years ago when Ben Bernanke was still the Chairman of the Fed, Democratic Senator Chuck Schumer gave the central bank carte blanche to do anything they saw fit to try to fix the economy.  And this distribution of both monetary and fiscal policies that were the responsibility of the Congress assured that the Fed would never have any real oversight to do as they saw fit... including the re-distribution of the wealth of the Middle Class into the hands of the 1%.

Image result for chuck schumer banks lobby
It appears that Democrats may be taking a more aggressive stand in urging the Fed to do more easing. 
After 5-minute discussion of the economy, and the ongoing disappointing recovery, Chuck Schumer ended his query of Ben Bernanke at the Senate today with this memorable exchange. 
His conclusion: “Get to work, Mr. Chairman.” — CNBC
But this has all changed now that Donald Trump has taken over the White House, and it appears his willingness to call out the Fed, Chairman Yellen, and even Vice-Chairman Stanley Fischer is leading other Republicans to man up and publicly put the central bank on notice that their days of non-transparent oversight may be over.
In what may be a harbinger of major headaches to come for the Fed, a recent letter (Jan. 31) penned by Republican representative  Patrick McHenry, Vice Chairman of the Financial Services Committee, has lashed out at Janet Yellen, telling the Fed chair in no uncertain terms that "despite the clear message delivered by President Donald Trump in prioritizing America's interest in international negotiations, it appears that the Federal Reserve continues negotiating international regulatory standards for financial institutions among global bureaucrats in foreign lands without transparency, accountability, or the authority to do so." 
His assessment of this ongoing activity by the Fed: "This is unacceptable."
McHenry's emphasis is on "international forums" such as the Financial Stability Board, the Basel Committee on Banking and Supervision, and the International Association of Insurance Supervisors, and he notes that "continued participation" in these forums must be "predicated on achieving objectives set by the new Administration", something which will "likely require a comprehensive review of past agreements that unfairly penalized the American financial system in areas as varied as bank capital, insurance, derivatives, systemic risk, and asset management." 
He then adds that "the secretive structures of these international forums must also be reevaluated" because when the deals were negotiated, "international standards were turned into domestic regulations that forced American firms of various sizes to substantially raise their capital requirements, leading to slower economic growth here in America." 
Here one may recall how the Fed secretly provided tens of billions in under the table "rescue loans" to foreign banks doing business in the US (and others) during the peak days of the 2008 financial crisis. 
His conclusion, however, is what must worry the Fed the most, because  as McHenry notes, "it is incumbent upon all regulators to support the U.S. economy, and scrutinize international agreements that are killing American jobs. Accordingly, the Federal Reserve must cease all attempts to negotiate binding standards burdening American business until President Trump has had an opportunity to nominate and appoint officials that prioritize America's best interests." 
The implication: the current Fed officials do not prioritze America's best interests, and are therefore expendable. - Zerohedge
As the MAGA movement begins to invade all aspects of the government and society, those who are now on board the Trump Train to try to Make America Great Again are realizing that the biggest swamp that needs to be drained is located just down the road on Eccles Street.
McHenry Letter to Yellen by zerohedge on Scribd

Thursday, June 16, 2016

Gold shoots through $1300 following the Fed's capitulation for raising interest rates

It took approximately a month and a half to recover from the cartel's last smackdown of the gold price to reach and surpass $1300 per ounce, but thanks to Janet Yellen and the Federal Reserve's capitulation to not raise interest rates at yesterday's FOMC meeting, gold has once again breached that resistance level and is on its way towards new 52 week highs.

I think the first rate hike cycle is over. What Janet Yellen said in response to my question, and if you look at what has happened to the rate hike cycle, is pretty profound. It’s as close to the Fed getting to capitulation as I’ve ever seen, about the efficacy of Fed policy, about the outlook for the economy. - Steve Liesman, CNBC
Perhaps what was most interesting about yesterday's FOMC decision not to raise rates was the fact that for the first time in many months, there was not a single dissenting voice as the choice to do nothing and leave rates where they are occurred with a unanimous vote.

Despite Yellen's usual rhetoric in saying everything and meaning nothing in her followup to the FOMC announcement, the underlying reality is that central banks around the world are running scared of deteriorating economic and financial conditions that threaten the banks, bond markets, and economic growth.  And this is why hedge fund managers money managers, and billionaires like George Soros are shorting the stock markets and buying into gold since they recognize it is the only real safe haven for what is coming.

Saturday, June 4, 2016

Was Yellen's secret meeting at the White House to discuss quiet bank run by Americans as they move cash into gold?

There was an interesting theory being discussed earlier this week that suggests that Americans are quietly doing runs on banks in which they are taking their dollars out of the system and storing them in physical gold.  And that this phenomenon is becoming so prevalent that it may have been the primary reason for Federal Reserve Chairman Janet Yellen's emergency secret meeting with President Barack Obama back in April.

Since the beginning of the year, sales of gold bullion have been setting new records, and the price is up over 16% since January.  And over the last 30 days alone, billionaire investors like George Soros and Stanley Druckenmiller, and several hedge other fund managers, have publicly stated they are getting out of stocks and taking a good percentage of their money to purchase gold.


I believe that Yellen went to the White House to inform Obama and team that the Fed is witnessing a quiet, steady bank run taking place in the U.S. The Fed is worried about the fact that the people are apparently starting to figure out how totally corrupt the monetary and financial systems have become, and are now taking action to financially protect themselves. 
The Fed is seeing bank balances being exchanged for cash and metals. Trotting out Summers and Draghi to demonize cash ($100s and Euro 500s) backfired; savvy people said to themselves, “If the government, banker shills (e.g., Summers; Peter Sands (author of the Harvard “ban cash” paper; etc.) and bankers are saying “A,” the truth must be “Z,” and we better get some of our money out of the banks, before the bail-ins that have been legalized and formalized are actually implemented.” 
The establishment desperately needs to go to a cashless system, in order to effect the bail-in agenda, gain full-spectrum control over financial assets, and implement the IMF-proposed wealth tax, among other gambits, but they need more time to implement this. They must get non-cash payment devices into the hands of every citizen before going live with the cashless regime, but they are not there yet. However, their progress to date has been prodigious. - Investment Research Dynamics
So when you see the obvious manipulation by the Fed to attempt to drive down gold prices as a means to desperately protect the dollar and their monetary policies that will eventually steal wealth from those who store their money in bank accounts, remember that your only protection is to get out of the system entirely... otherwise the time for you to have a choice in what to do with your own wealth will be taken away from you.

Thursday, May 19, 2016

Central bank jawboning: Gold smashed 3% despite the fact the Fed won't raise rates in June

An interesting thing happened in the markets yesterday, and is the crux of how the central bank uses rhetoric to manipulate paper markets without ever having to administer any actual policies.  On May 18 the Federal Reserve published their minutes from their April FOMC meeting (which was when they chose not to raise rates due to deteriorating economic conditions), and the records appeared to be almost the exact opposite of what Fed Chairman Janet Yellen reported during her speech on central bank policy one month ago.


Most participants judged that if incoming data were consistent with economic growth picking up in the second quarter, labor market conditions continuing to strengthen, and inflation making progress toward the Committee’s 2 percent objective, then it likely would be appropriate for the Committee to increase the target range for the federal funds rate in June. - Zerohedge
Yet this was what Janet Yellen said just 22 days ago during her April speech (you will notice that the Fed minutes from that same date are in complete opposite of what Yellen reported).
"Economic activity appears to have slowed," despite job market gains, the Fed said in its statement. It also noted that household spending had "moderated." 
That tepid language greatly lowered investors' expectations for a June rate hike. Before the announcement, about 31% of investors called for a rate increase in June. After the announcement, expectations immediately dropped to 19%. - CNN Money
So how can the actual reporting from April 27 by Yellen be so different from the meeting's minutes and discussion on both rates and the economy?

Market manipulation.

The central bank knows that markets are controlled primarily by High Frequency Trading (HFT) computers that take news in their algorithms and instantly push through billions of trades to coerce markets in the direction they desire.  None of this has anything to do with factual data, but simply in lowering or raising price values for the dollar, gold, bonds, and stocks as they see fit.

And for two days now they accomplished their nefarious goal as gold was smashed over 3% and the dollar was artificially strengthened above 95% on the index.

But know this, the Fed minutes were not the sole catalyst for the crushing of gold and propping up of the dollar.  Prior to the meeting minutes, three central bank Presidents all went public on May 17 and jawboned that the June rate hike was a probability, and a tightening of credit was nearly a sure thing.

Yet if the Fed was now completely set on raising rates, why didn't they just do it yesterday rather than allude to waiting until next month?

Because they cannot raise rates anymore, and they have no intention of doing so.  The whole purpose of the press conferences were to manipulate the market for a few days, and suppress gold prices which were pushing the magic resistance levels of $1300.

Thursday, March 31, 2016

Q1 GDP estimates throw Yellen’s plan for future rate hikes in the crapper

On March 29, Fed Chairman Janet Yellen spoke at the Economic Club of New York to give a little more insight to the central bank’s future plans for monetary policy.  And in what was a mish-mash of contradictory points provided by the Fed Chair, where in one instance she praised the economy as being good while shortly after called for caution due to uncertainty in that same economy, it appears that data announced from the Atlanta Fed on Monday has invariably thrown all future rate hike possibilities in the crapper.
the Atlanta Fed will have no choice but to revise its Q1 “nowcast” to 1.0% or even lower,which would make the first quarter the lowest quarter since the “polar vortex” impacted Q1 of 2015, and the third worst GDP quarter since Q4 2012. It means one-third of already low Q1 GDP growth has just been wiped away.”
It was “even lower.”
Moments ago the Atlanta Fed which models concurrent GDP, slashed its Q1 GDP from 1.4% (and 1.9% last week) to a number not even we expected: a paltry 0.6%, which would match the “polar vortexed” GDP print from Q1 2015.
Should the number drop even more, will be the lowest since Q1 of 2014 when the US economy suffered its most recent contraction of nearly -1%. - Zerohedge
Read more on this article here...

Wednesday, March 30, 2016

Gold responds favorably as Fed Chairman Janet Yellen shows central bank has no idea what to do for economy

Yesterday, Federal Reserve Chairman Janet Yellen spoke at the Economic Club of New York and left monetary markets without direction, and investors rushing into safe havens outside the dollar.  In fact, while the Fed Head spoke contradictory words that the economy is both strong, and also uncertain in nearly the same sentence, the dollar reacted by selling off against most currencies, and gold rose more than $20 by the close of trading.

Perhaps the telling point for Yellen was the fact that on Monday, the Atlanta Fed downgraded its Q1 GDP estimate to below 1%, showing that December's rate hike was a huge mistake in an environment of continuing deflationary recessions.

"the Atlanta Fed will have no choice but to revise its Q1 “nowcast” to 1.0% or even lower,which would make the first quarter the lowest quarter since the “polar vortex” impacted Q1 of 2015, and the third worst GDP quarter since Q4 2012. It means one-third of already low Q1 GDP growth has just been wiped away.” 
Moments ago the Atlanta Fed which models concurrent GDP, slashed its Q1 GDP from 1.4% (and 1.9% last week) to a number not even we expected: a paltry 0.6%, which would match the “polar vortexed” GDP print from Q1 2015
Should the number drop even more, will be the lowest since Q1 of 2014 when the US economy suffered its most recent contraction of nearly -1%. - Zerohedge

Wednesday, January 13, 2016

Got Karatbars? Whether the big guys or the common man, the run on gold and silver is happening

Many of us have heard about the shortages going on in the physical gold and silver markets as Mints, brokers, and local dealers all attest to the fact that one or many entities are buying the metals in record numbers.  In fact, a new chart out for the beginning of 2016 shows that not only is this year turning out to be a rush to safety for people in precious metals, but it also appears likely that major banks and wealthy buyers are behind the run on gold.
First-day sales of American Eagle gold bullion coins were also strong at 60,000 ounces, compared with the 81,000 ounces that sold in the entire month of January 2015, mint data showed. 
On Monday, spot gold prices traded just below $1,100 an ounce, which is up about 5 percent from the near six-year-low of $1,045.85 reached in early December. - Reuters



For most outsiders who trade or hold paper assets in the U.S. markets, realizing that there is a run ongoing for the precious metals is difficult because the mainstream media has put on a full court press to downplay these assets, and depressed prices have functioned as a psychological deterrent for those who only study price action and surface data.  But the bottom line is that gold and silver are the only true protections in an environment of devaluing currencies, which has been ongoing from continent to continent and market to market since the start of global QE in 2011.

You cannot rely upon 'trusted' mainstream analysts or experts to inform you of when an event such as a currency or market collapse will take place, as few are not only unwilling to see the writing on the wall, but even fewer accept that it is possible (See The Big Short and Fed Chairman Janet Yellen's time as head of the San Francisco Fed).
While Yellen served as the regional bank chair for San Francisco she voted along with other members of the Fed to maintain low mortgage interest rates, which were one main contributing factors to the housing bubble. 
For a while, it appeared this was stimulating the region’s economy by creating construction jobs and reducing unemployment. But some feared serious problems once the bubble burst — a fear Yellen did not share. 
On the eve of the financial crisis in 2007, she reassured the public that the U.S. economy was safe from the fall of the housing market, which at that point had already been in decline for six months. - Daily Caller

Unlike in 2007-2008 however, people cannot say they have not been warned of what is coming as the internet has made it possible to provide vital information and analysis free to anyone looking for direction beyond the mainstream agenda of protecting the status quo.  And just as Europe is realizing today that not only are their banking systems insolvent once again, but that depositors will be the ones rather than the government to bail out these destructive speculators, so too are large portions of people in the East preparing themselves for a monetary power vacuum as the world moves away from the dollar, and into a monetary system that more than likely will be backed by gold in some capacity.

So if as we are seeing in the stock markets that equities and other paper assets are screaming for a sharp decline, and multiple large banks are even telling their clients to sell everything, what possible safe haven is there for you to move your money out of a collapsing system and into something that has stood the test of time through every crisis in financial history?

The best way to do this is with 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, 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.

Friday, November 6, 2015

Nomi Prins was right… the Fed has no idea what it is doing

On Nov. 4, Federal Reserve Chairman Janet Yellen spoke before Congress on financial issues such as the state of the economy, interest rates, and monetary policy.  And during her hearing on the floor of the House, Yellen offered up a counter opinion to what was stated last month during the Fed’s most recent FOMC meeting where the central bank hinted strongly at raising rates as early as December, and instead spoke of the possibility of negative interest rates should the economy move in a worse direction.
Two opposing statements within a few short weeks… it certainly appears that Nomi Prins was correct when she states that the Fed has no idea what it is doing.

Read more on this article here...

Friday, September 18, 2015

Fed leaves interest rates the same signalling economy is not in a good state

Fed Day has finally arrived, and just as many here in the alternative media believed, the central bank did nothing.  However, even more than simply keeping interest rates at zero for the foreseeable future, comments by Fed Chairman Janet Yellen signaled that not only is the economy not in as good a state as they have been parroting for the past year, but global downturns have even brought up the conversation for the central bank to take rates negative to try to stimulate inflation.
The results of no hike in interest rates brought a drop in the dollar, a rise in gold, and a steady move up for equities.  But the uncertain move that has yet to be seen will come over the next few days in Europe and in Asia, as their currencies will all rise and require necessary adjustments in the midst of an ongoing currency war to beat each other to the bottom.

Read more on this article here...

Tuesday, March 31, 2015

Fed Chairman Janet Yellen states that cash has relatively little value

As the world begins to realize that the entire purpose of the Federal Reserve is to prop up stock markets and ensure the orderly flow of wealth from the 99% to the 1%, an interesting statement was made by the central bank Chairman Janet Yellen in San Francisco last week where she said that “cash is a not very convenient store of value”, and validated that the fiat currency that comes from the printing presses of the Fed is not money, but a tool to be used to regulate prices through inflation or deflation.

Video of Fed Chairman Janet Yellen stating that cash isn’t a good store of value


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, August 26, 2014

Even a former Mob boss sees the inevitable coming economic collapse

Since we already know that receiving a Nobel Peace Prize is as easy as buying a couple of shrimp tacos, it is not too far fetched to see how so many economists and ‘professional’ financial analysts appear to have received their credentials from similar places.  And while pundits and the media try to mask just how bad economic growth, consumer spending, and the job markets are by using the excuses of ‘polar vortex’, ‘hurricane sandy’, and only 28 days in the month of February, those who actually worked, ran businesses, and had to fight for everything they got know the truth, that the government is bankrupt, the banks are insolvent, and the coming economic collapse is something no one will be able to avoid.

And while Janet Yellen and the rest of the Federal Reserve appear to oblivious to these realities, a former mob boss for the Columbo family isn’t.




Read more on this article here...

Wednesday, October 16, 2013

Ron Paul: Yellen will never understand that the Fed is responsible for our monetary crises

It has been a little over a week since the Obama administration leaked the news that the President intends to nominate Janet Yellen to replace Ben Bernanke as the head of the world’s largest central bank, and just yesterday, former Congressman Ron Paul weighed in on the announcement.  As the chief firebrand against the Fed during his tenure in office, Paul’s assessment that Yellen is a virtual clone of the previous two central bankers is quite appropriate, and he states on Yellen’s nomination, ‘the possibility that the Fed itself could be responsible for the booms and busts of the business cycle would never enter her head’.



Read more on this article here...

Monday, September 16, 2013

With Larry Summers dropping out, front runner to lead the Fed has history of missing economic crises

The financial world was hit with a bombshell on Sept. 15, when the surefire front runner to lead the Federal Reserve shockingly pulled out of the race to replace Ben Bernanke at the end of his term.  The candidate who had a 70% chance of becoming the next Fed Chairman was long time financial power broker Larry Summers, and the vacuum he leaves places as the new favorite, a central banker who admitted that she completely missed the warning signs leading up to the 2008 financial meltdown.


Read more on this article here...