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 president. Show all posts
Showing posts with label president. Show all posts

Saturday, November 12, 2016

Gold price spread between Shanghai and London now up to $7 as recent price slam sends more buyers to China

Following the Presidential election on Nov. 8, the gold cartel dumped extraordinary amounts of paper gold contracts which not only reversed the $61 gains that occurred when it appeared that Donald Trump was going to win, but they also ended up slamming down the price by an additional $50 over the next two trading sessions.

Part of this was due to a massive rise in the dollar, which went from 96 to over 99 on the dollar index, and the deflationary scare that crept into the markets that many now believe will quash the Fed from raising rates in December.

In the meantime, the takedown of the gold price by the bullion banks through their dumping of 85,000 paper contracts, or over $10 billion in gold derivatives, was the equivalent of 12% of the global gold mining output annually.


Yet the chaos in the gold price had limited effects over in China, where the Shanghai Gold Exchange functions as the world's largest physical gold market.  And in one of the more interesting notes over the past days was that the spread between the London/Comex gold fix and the Shanghai daily fix is now $7, which is up $2 from just one month ago.

Shanghai morning fix Nov 11 (10:15 pm est last night): $  1265.29 
NY ACCESS PRICE: $1260.00 (AT THE EXACT SAME TIME) 
Shanghai afternoon fix:  2: 15 am est (second fix/early  morning):$   1267.47 
NY ACCESS PRICE: 1260.60 (AT THE EXACT SAME TIME/2:15 am) 
HUGE SPREAD TODAY!!  7.00 dollars - Harvey Organ

Thursday, November 10, 2016

Europe, not the U.S., were the biggest buyers of gold after Donald Trump won the presidency

As the election counts began coming in on the evening of Nov. 8, the markets reacted chaotically as the night wore on to the reality that Donald Trump victory was going to be the next President of the United States.  And this market turmoil led to the dollar, stocks, and gold all moving in extreme opposition to what the markets had anticipated when they closed for business on Tuesday.

Yet the most interesting thing occurred within hours of seeing the Dow futures down 840 points, the dollar down 300 bps, and gold up $61... these markets all reversed and by the time trading was over on Wednesday gold had lost all of its gains, the dollar had recovered all of its losses and more, and stocks closed well into the green.

So the question then remains is, does a Trump victory mean the end to the gold bull market, or was this 'recovery' a last ditch effort by the Fed and Treasury to prop up paper markets?

Perhaps the answer lies over in Europe where following the Trump victory gold sales all across the continent were occurring at a record pace.

Spot gold prices surged nearly 5 percent with Donald Trump's surprise U.S. presidential election win spurring purchases of physical gold 
The flurry of buying on physical markets mostly took place in Europe, after Trump's victory was declared, when the price of spot gold surged by nearly 5 percent to a six-week high of $1,337.40 an ounce. 
Gold gave up gains during U.S. trading and turned slightly negative, as the dollar moved higher and Wall Street stocks rose sharply. [MKTS/GLOB] 
"Overnight, there has been a tremendous increase in our sales," said Oliver Heuschuch, head of trading for Degussa's gold business, one of the biggest German physical dealers. 
"It's nearly treble the size of regular business."
Ahead of the election, analysts widely expected that a Trump victory would cause gold prices to rally as investors sought refuge in perceived safe-haven assets such as gold. 
Demand for physical gold and silver in the United States rose in the weeks prior to the vote, but in contrast to Europe there was little sign of buying in the United States on Wednesday. 
"Today's figures are already some of the best on record, even surpassing our performance following the Brexit vote," said Chris Howard, director of bullion at the United 
Kingdom's Royal Mint, about Signature Gold sales that involve customers buying gold that is stored at the mint. 
The Pure Gold Company in London said its sales spiked 42 percent early on Wednesday versus the prior day. - Reuters

Wednesday, November 9, 2016

As expected, Trump victory drives gold price back over $1300 as global markets uncertain of future

As we at The Daily Economist wrote yesterday, the opportunity for short-term anti-establishment bets in gold, currencies, and the stock markets came to fruition when Donald Trump successfully beat the odds and won the White House early on Wednesday morning.

Starting with his taking of Florida in the early evening, and culminating with his surpassing of 270 electoral votes around 2:30am, global markets treated the Trump victory like a Brexit part two, and gold was definitely a benefactor by rising over 5% at one point.

Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors snapped up safe havens with Republican Donald Trump winning the race for the White House over Democrat Hillary Clinton. 
It marked gold's biggest single-day gain since June 24 when it rose as much as 8 percent when Britain decided to leave the European Union. It closed up 4.8 percent that day. 
A Trump win, which many see could lead to economic and global uncertainty, may also push the U.S. Federal Reserve to hold off from raising interest rates next month, further burnishing gold's draw, analysts say. - CNBC
Despite the fact that Trump will not officially take office for another 72 days, his victory will reverberate around the world's markets for some time as the uncertainty of new fiscal and monetary policies that may or may not be beneficial to Wall Street will have a significant effect on gold going forward.

Sunday, August 21, 2016

Donald Trump's economic adviser says we should return to some form of a gold standard

On Aug. 18, Dr. Judy Shelton sat down with Fortune Magazine for an interview on the state of affairs in finance and economics.  And during her interview, Dr. Shelton provided her opinion that the United States should lead the way for an international return to some form of a gold standard, and perhaps beginning it with the use of gold backed bonds.

Besides being an economist in her own right, Dr. Shelton is also on Presidential candidate Donald Trump's economic advisory board.

You’ve written before about going back to some sort of gold-based monetary system. Is that something the U.S. could do unilaterally, or would we need to convene other nations and get them on board? 
I’m not opposed to a new Bretton Woods conference, and if it takes place at Mar-a-Lago, 
I’m fine with that. But anything the U.S. does because we print the international reserve currency, unilateral action would almost instantly be accommodated by other countries. 
In terms of gold being involved, some people may think of that as a throwback, but I see it as a sophisticated, forward-looking approach because gold is neutral and it’s universal. It’s a well-accepted monetary surrogate that transcends borders and time. If you look at the foreign reserves of the most important countries, they keep them mostly in gold. I don’t want to read too much into it, but it proves that gold is not some barbarous relic. 
Would the first step in that be issuing gold-convertible bonds? 
Don’t attribute this idea to the Trump campaign, but it has been something that I have been proposing for years now. A gold-backed bond was first proposed in 1981 by Alan Greenspan. I think the U.S. should issue them as an experimental pilot program, similar to the TIPS bond, that compensates people who are concerned about the future value of the dollar. For those who are concerned about a big financial meltdown, these bonds would give them some insurance, as gold tends to rise in price during periods of financial stress. - Fortune Magazine

Friday, July 1, 2016

Russian-US perceptions come full circle as the world now trusts Putin more than the US President

50 years ago, the former Soviet Union was vilified as a rogue nation bent on destroying any possibility of world peace.  And from this the United States became the sole beacon of protection, and subsequently, the most powerful empire the world had ever seen.
But after the fall of the 70 year Communist regime in the early 90’s, the U.S. found itself with no opposition, and a government and economy that had been built on war and protecting the rest of the world from Soviet aggression.  This of course provided Washington with an rare opportunity, which they unfortunately squandered when they chose to keep a mindset of empirical hegemony, and global interference into the affairs of all nations.
Which brings us full circle in 2016… and the results of a new international poll shows that for the first time since the advent of the Communist Revolution, the world trusts more in a Russian leader than they do in the American one, and in the Presidential candidates they have running to win the White House in November.
Russia-and-China-against-US

Friday, October 16, 2015

Got Karatbars? Presidential candidate Ben Carson calls for gold backed money while China prepares for new gram based gold

Last week, one of the top presidential candidates for the Republican Party, Dr. Ben Carson, spoke on the economy, America's national debt, and the dollar.  And in a response during an interview with NPR, the second leading candidate in the race for the Presidency projected his support of America's once gold backed money, and stated that the only reason we have this crushing debt on our balance sheets is because the government moved to a purely fiat currency that allows for unlimited money printing by the central bank.
"[T]he only reason that we can sustain that kind of debt is because of our artificial ability to print money, to create what we think is wealth, but it is not wealth, because it's based upon our faith and credit. You know, we decoupled it from the domestic gold standard in 1933, and from the international gold standard in 1971, and since that time, it's not based on anything. Why would we be continuing to do that?” - Mises.org
In addition to his assessment that our purely fiat based money is the primary cause for our massive outstanding debt, Dr. Carson also attributed the Fed's inability to raise interest rates to the lack of a gold standard, which would have naturally caused the cost of money to become more expensive due to the government's abuse of their fiduciary responsibility.
"The question, then, is when gold actually does "want" to go up. And the answer is not when the economy would want it to. That's because the price of gold doesn't go up when the economy is overheating, and down when it's cooling off. If it did, then the gold standard would give us high interest rates when we needed them, and low interest rates too."
Yet Dr. Carson is not the only Republican candidate for President who sees the power that gold backed money provides.  His opponent, and current front-runner for the Republicans, also believes in the monetary value of gold, and has even accepted it as collateral for lease agreements in his office buildings by renters.


And while the U.S. continues to downplay gold as 'real money', and as a force to protect the integrity of paper currencies, one economic power in the Fer East is working towards changing how gold is not only valued, but how it is minted as well.  With the Shanghai Gold Exchange preparing to announce its own price discovery mechanism to the world before the end of the year, the leading physical gold market is also seeking to put an end to the Troy Ounce based system, and will begin minting gold in the form of grams and kilograms as a new standard to oppose the Western based model.
On 28 October, the Chinese central bank will launch their new 2016 gold and silver Panda coins. An interesting detail discovered by @BullionBaron is that these coins will not appear in one troy ounce size. Instead, they will be minted on a metric weight system with sizes varying from 1 gram up to 1 kilogram. The one troy ounce version of the gold and silver Panda coins are replaced with a coin weighing 30 grams. That’s slightly less than a troy ounce, which equals 31,1034768 grams.

The press release on the People’s Bank of China website mentions nine different sizes for the gold Panda and three different versions of the silver coin. All these coins have a 99,9% purity and will be produced with a limited mintage. For more details on mintage and the yuan face value, we refer to the press release on the central bank of China’s website.

Gold coins:  1 gram, 3 gram, 8 gram, 15 gram, 30 gram, 50 gram, 100 gram, 150 gram, 1 kilogram  
Silver coins: 30 gram, 150 gram, 1 kilogram - Market Update.NL


So as the two leading candidates for President speak highly about gold and of the need for gold backed money, and China prepares to change how gold is minted in the physical markets, how can you both profit and prepare from these two agendas, and protect yourself in a world that is changing?

The answer 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.

Wednesday, September 16, 2015

Next Democrat hopeful wants to follow in Obama’s footsteps by doubling national debt

Socialism works until you run out of other people’s money.  This is a famous quote that was attributed to the former Prime Minister of Britain during the final decade of the Cold War, and during the rise of socialism in what would become the European Union.  And since the 1980’s when capitalism flourished in its final decade of free markets, growth has been measured not by productivity, but by how much administrations around the world could increase their money supplies and national debts.
And while many Republican Presidents, including the well respected conservative Ronald Reagan, have used borrowing to facilitate their goals and agendas, it has been the current President, and the front runner from the Democratic Party for the 2016 election, that have placed any semblance of fiscal responsibility in the distant past, and could potentially be two back to back Presidents who would double the national debt during their times in office.

Saturday, August 22, 2015

Jeb Bush revealed to be just another shill for the bankers

One of the stigmas that will forever remain on former President George W. Bush’s legacy was his ceding to the banks, and his standing with Hank Paulson to use taxpayer funds to bailout the financial industry after the 2008 credit crisis.  And as we begin to look more into the plethora of Republic candidates vying for the White House in 2016, we find something very interesting regarding the next Bush family member running for office.
When Jeb Bush was governor of Florida during the same time as his brother was ruling over the country from Washington D.C., it has now been revealed that his fingers were also involved in a scheme that provided monies from his constituents to a bank that would eventually be at the heart of the 2008 financial collapse, and which led to the state of Florida losing over $1 billion when Lehman Bros. went kaput.
And for this largesse, Jeb Bush got a lucrative $1.3 million consulting gig as part of the quid pro quo.

Wednesday, September 19, 2012

Obama wants Americans to donate money from their yard sales to his campaign

Back in July, it was the desire of the President to have Americans donate their wedding gifts to his campaign, instead of to the bride and groom.  This coming weekend, Obama is raising the stakes in a desperate move for campaign contributions by asking all Americans to donate proceeds from any yard sale they have on Sept. 22 or 23 to his re-election fund.





Just remember America, to President Obama, you aren't just a voter, you are also a siphon for cash he wants to exploit to remain in power.

Tuesday, November 15, 2011

UBS issues report on the Rise of the State over the economy

There was a time in history when economies ran as a function unto themselves.  When supply and demand worked hand in hand with sound money, and trade was a mutual thing between one or more nations.

However, since the 1930's, those who listened to, and chose to follow the insane polices of John Maynard Keynes and institute government intervention to spur artificial growth in the economy, are now finding that the final step in this process is a complete takeover of the economy by the state itself.

In a new report from UBS, the rise of the state over the economy is nearly complete, and it carries itself in the form of either Fascism, Socialism, Marxism, or any combination of the three.

Governments are encroaching into more and more areas of the world economy. This is not just through political drama (as we have seen in the Euro area), nor even through the conventional mechanisms of foreign exchange intervention. Regulation (and regulatory uncertainty), sovereign wealth funds, bond market manipulation and default risks all play a role in financial markets, and all are intensely political in their nature. - UBS via Zerohedge

You can see the entire report by going to this site.

For years, US Presidents, or candidates running for the Presidency, have given promises that THEY can fix the economy, and right the financial ship of the nation.  This is no longer simply a campaign promise, as the ability to control and regulate nearly every aspect of the markets and the economy is now contained in the myriad of government agencies under the domain of the Executive Branch.

Tuesday, September 20, 2011

For someone the neocons consider anti-war, Ron Paul is getting most donations from servicemen

A new report shows that from US servicemen, Ron Paul is getting the most donations over all other Presidential candidates.

Maybe for once the neocons and warmongers should listen to the men and women who actually put their lives on the line.
Despite the mainstream media’s intentional disregard of Rep. Ron Paul as a top-tier Republican presidential candidate, widespread evidence of his popularity is apparent. On Saturday, the Texas Congressman won a landslide victory in the California Republican Party straw poll, a feat which continues to be ignored by the media. Likewise, military donation receipts for Republican candidates for the second quarter of this year reveal that Paul has received twice as much money from military members as all other GOP presidential candidates combined. - New American