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?

Monday, December 12, 2011

British PM defends rejection of new EU agreement

With all the jubilation and 'happy happy joy joy' the markets experienced when German Chancellor Angela Merkel and French President Nicolas Sarkozy declared a new day for the EU, they quickly dissipated when Britain summarily say 'Nay', and rejected the EU agreement outright.

Today, British PM David Cameron spoke before parliament as to why England rejected the new proposal, and you can see the speech in the video below.

 David Cameron's statement to the House of Commons, Thomson Reuters: Reuters Insider
 

Thursday, December 8, 2011

Adolph Hitler chimes in about the Euro Zone collapse

It didn't take long for someone to come up with a parody of the failing Eurozone on video, and who best to chime in on the disaster than the once and mighty dictator himself, Adolph Hitler.


I wonder if Angela Merkel can contact the ghost of Hitler and reign some blitzkreig terror on the PIIGS and central bankers who have brought down the new 4th Reich.

The Gingrinch: Newt Gingrich Christmas Song

JJ Jones productions has created a very good Christmas song for politician and presidential candidate Newt 'The Gingrinch' Gingrinch.


Perfect way to get into the spirit of a Washington insider Christmas.  (No campaign donations required)

Desperate central banks selling gold to protect dollar and Euro

As many investors have noted today, gold was hit hard after news from the Head of the ECB came out that they were lowering borrowing rates for the Euro.  Logically, this should have caused gold to spike upward, which brings in to question why it performed opposite its market nature.

Now we know.  News has surfaced that immediately after the ECB announcment, several central banks dumped gold on the markets, thus manipulating the price downward to protect the dollar and Euro.

It is one thing for conspiracy websites to indicate that the Fed or the global central bank cartel are doing everything in their power to manipulate the price of gold lower. It is something different when the 'reputable', Deutsche Boerse owned Market News does just that.
  • MARKET SOURCES REPORT BIS, BOE & FEDERAL RESERVE WERE SELLING GOLD AFTER IT POPPED TO SESSION HIGH AT GMT 1335 -MNI NEWS via BLOOMBERG
So much for all those sworn testimony claims that the central bankers do not manipulate the price of gold. - Gold Core via Zerohedge

Let us remember just how bad and how desperate the central banks are regarding the currency debt crisis.  If the MF Global scandal should teach us anything, those who print money will stop and nothing to keep the public in the dark, and the value of gold down to deny the worthlessness of the Euro and the Dollar.

Corzine to tell Congress he knows nothing in Congressional hearing today

Former MF Global CEO Jon Corzine has already pulled out the Angelo Mozillo card, and issued a testimonial letter that he knows nothing about the loss of money at MF Global, and especially the losses to individual customer accounts.

Corzine Testimony


As we now logically, the chances of Corzine being completely ignorant to the workings of his own company are between slim and none, but the onus of course is on Congress and the incompetent US regulators to prove otherwise.  Back in 2008, fraudulent CEO's got away with their actions, and chances are likely, Corzine will skate through once again because of his massive leverage with the Obama administration.

And once again, investors who trusted the system will be out $1.2 billion dollars with little or no compensation.

Wednesday, December 7, 2011

Investors taking money out of the markets despite recent market gains

Last week, the stock markets rallied for more than 700 points worth of gains after the Thanksgiving holiday, and Federal Reserve intervention in Europe.  However, when you look closer, you will see that the majority of trades were done by insiders, and algorithmic computers. A new report out today shows that more Americans and retail investors actually pulled their money out of the markets, at a pace that was greater than anytime before the S&P Downgrade of the US.

As if we needed another confirmation that the sad joke of a market has now succeeded in driving virtually everyone out courtesy of precisely the kind of bullshit we saw in the last 30 minutes of trading today, here comes ICI with the latest weekly fund flow data. It will not surprise anyone that in the week in which the S&P rose by a whopping 8 points on absolutely nothing but more lies, rumors and innuendo, US retail investors pulled a whopping $6.7 billion from domestic equity funds: the most since the week after US downgrade when a near record $23 billion was withdrawn. Only unlike then when the market bombed, this time it simply kept rising, and rising, and rising. - Zerohedge

Picture courtesy of Zerohedge

As I recently stated on the Angel Clark radio show last weekend, retail investors are NOT buying into the stock markets, and all that is left are insider brokerages using FED and PPT money to prop a dying horse.

New report shows that gold is not only prudent but vital to a balanced portfolio

The debate over how to hold a balanced and equitable portfolio has been argued over for ages, with many paradigms being shattered as one economic crisis replaces another.  From buy and hold, to diversification, to high-risk young, low-risk old strategies, the number of ways to invest are as prevelent as the number of brokers.

But a new independant study on investing shows that in today's economic environment, holding and owning gold is not only prudent, but vital for both wealth protection, and system breakdown protection.

The independent research from highly respected New Frontier Advisors (NFA) confirms the importance of gold as a portfolio diversifier to investors in Europe and to investors exposed to the euro.
 During a period of extraordinarily serious economic uncertainty in the Eurozone, continued concerns about economic growth in the US heading into an election year, and the possibility of an economic slowdown in China, the World Gold Council (WGC) wanted to examine the relevance of gold as a strategic asset for euro-based investors to protect their portfolios and to mitigate the systemic risks being faced.
The report, ‘Gold as a strategic asset for European investors’, commissioned by the World Gold Council, explores gold as a strategic asset across five sets of asset allocation studies, including four using historical data spanning 1986 to 2010, and one using the 1999 to 2010 time frame.
 The third party research builds on the now considerable research and academic literature showing that gold adds significant diversifying power due to its low or negative correlation with most other assets in an investment portfolio.
 Gold’s relevance as a strategic asset is continuing to grow. This will continue in a world facing the real risk of a global recession and even a Depression, poor investment returns, currency devaluations and wars and very high monetary and systemic risk.
 Put simply, when used as a foundation asset, gold has preserved wealth throughout history and again today.
 Gold’s unique properties will protect savers and investors in Europe and internationally against the monetary and systemic risks being faced in 2012 and in the coming years. - Goldcore

While this study focusses mostly on Europe, all one in America needs to do is go back three years and see how close our own economic system came from default and collapse.  The environment here and abroad is 10 times worse than 2008, and the opportunities for currency collapse are growing, while gold remains constant as the sole hedge against that collapse, and a vital part of anyone's portfolio in today's market.

Bank analyst in Europe finally gets it as he advocates gold, food, and guns

Serious preppers know the three G's (gold, guns, and God... not in that order), but it finally appears a banker for UBS has realized the times we are living in, and is advocating citizens to stockpile just that.

Today, Larry Hataway has released yet another sequel to the original piece, focusing on this so very critical week for Europe, which as Olli Rehn said, must find a solution by Friday or see the EU "disintegrate", in which the vivid imagery, loud warnings and level of destruction are even greater than before.
… captured probably the best in Hatheway's recommendations of assets to be bought as a hedge to a Euro collapse: "I suppose there might be some assets worthy of consideration—precious metals, for example. But other metals would make wise investments, too. Among them tinned goods and small calibre weapons." But even that is nothing compared to the kicker: "Break-up runs the risk of becoming one wretched scenario. Sadly, however, it can’t be ruled out, just as it would have been improper to rule out the horrors of the first half of the 20th century before they happened." And there you have it: a reversion by Europe to the perfectly stable system from a decade ago, is now somehow supposed to result in World War. And with that the global banking cartel has official jumped the shark, just like the FT's latest rumor earlier today did the same by indicating that the well of European "bailout" ideas has officially run dry. - Zerohedge

You know the end of the world is coming when the giant sucking sound coming out of the banking industry is prudence and honesty of what the RIGHT investments for consumers really ought to be.

For the children: Spain's austerity measure lead to toilet paper limits in schools

Nations rarely make the right choices when it comes to budget cutting, and it appears that in Spain, this is no exception.  Spanish debt and massive unemployment in their recession is leading the country to impose stringent austerity measure, to include obscure cuts for children in schools.

Such as... cutting back on toilet paper.

The latest edict issued by the region’s ministry of education instructs state schools to cut “excessive consumption” of toilet roll among pupils and limit the quota to a maximum of 25 metres per child per month.
This most recent penny saving measure comes amid widespread cuts to education budgets across Spain that has led to regular protests in the streets by teachers. - UK Telegraph

It is sad, but historically accurate that children seem to always feel the brunt of tough economic time, especially when the excrement hits the fan.
And there is nothing left to wipe it off.

Tuesday, December 6, 2011

Watch live hearing on whether Congress should be exempt from Insider Trading Laws

Recent stories have manifest about Congressmen, particularly Nancy Pelosi and several Republicans, profiting on insider information they used to buy into IPO's or stocks that benefitted from legislation they sponsored.

Today, a hearing is taking place over the lawful and ethical ramifications for Congress of being allowed to trade on insider information, while it is a crime to every other American.

You can see the hearings by going to CSPAN, which will make them available on the net shortly.

http://www.c-span.org/Events/Insider-Trading-and-Congress/10737426032-1/

In the end, I wonder how Martha Stewart feels if the end result of this hearing is a continuation of the status quo?