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?

Saturday, April 16, 2016

Financial events of this last week may be leading to devaluation or even collapse of dollar within weeks

Earlier this week, there were two major financial events which occurred with little fanfare by the mainstream media, but could be leading to profound consequences for the dollar and the future of the global reserve currency. On April 15, long time Wall Street metal and bond analyst Rob Kirby forecast in an interview on USA Watchdog that the revelations by Deutsche Bank of gold and silver manipulations are just the tip of the iceberg, and that major devaluations or even a crash of the dollar could be coming as quickly as the next few weeks.


In his interview with Greg Hunter, Rob Kirby expressed the point that these manipulations go far beyond simply domestic and foreign banks participating in the de-frauding of the gold and silver markets, and that if you follow the money, they lead directly to the U.S. Treasury Department and Federal Reserve. And this alone could explain the sudden 'emergency' meeting that took place on Tuesday when Federal Reserve Chairman Janet Yellen called for a meeting with President Obama and Vice President Biden at the White House.

Friday, April 15, 2016

When the SGE declares its own gold price next week, the arbitrage battle for gold really begins

April 19 is the expected day the Shanghai Gold Exchange (SGE) is to declare its own Yuan denominated gold price in the world's largest physical gold market, and we are now less than four days away from what could be a radical sea change in the entire precious metals industry.

This is because no one yet knows at what price the SGE is expected to open with next week, but since the market currently marks up gold sales with as much as a 40% premium already, chances are extremely good that it will be much higher than the price long controlled by London and the U.S. Comex.

And should this truly be the case, where China announces a price that is greater than the Spot price determined in Western markets, then part one of China's gambit will be revealed, and it involves an arbitrage scheme meant to entice a shifting of all metals Eastward, using the greed of the West to accomplish this.

An arbitrage is when one market buys or sells an asset at a much different price than another market, allowing customers and investors the chance to skim profits from the difference between the two prices.  And an example of this would be if the SGE offered a buy price of say $1600 in U.S. dollar equivalent, where the current Comex spot price is $1235.  This difference in price would trigger a run on the Comex, where investors would try to buy up all available gold contracts, demand delivery, and then sell it to the SGE and collect the difference in profit.  The result of course is that the West would suddenly be drained of all their gold, and now China would have sole control over the global gold market.

Analyst Dr. Jim Willie also spelled this out in an interview he did earlier this week.

The Chinese attack within the Gold market could hit Satanist bankers where they live, in the fire of mid-April.... The arrival of the Gold futures contract in Shanghai poses an additional risk for the Western banker cabal, a grand crime syndicate which extends to the energy firms, the military industrial complex, the big pharmaceutical firms, and the press networks. 
A real valid bonafide Gold contract which delivers physical gold would enable vast arbitrage to buy cheap in London and sell dear in China. Any acceleration in the arbitrage activity, combined with any sincere attempt to set the Gold Fix in a reasonable manner that puts equilibrium as priority, and the Western bankers will face the USDollar kicked to the curb and possible global boycott. - Rogue Money
It is no coincidence that one time London Gold Fix committee member Deutsche Bank came out yesterday and admitted to the fraud and manipulation that has long taken place in the Western gold markets, and these revelations will provide China a strong boost for their new pricing mechanism if/when it comes out next week.  And besides just investors rushing to leave the Comex and begin participating in the SGE, a more important group of metal players will just as likely do the same, and they are the miners and refiners of gold and silver who will gladly take their production and move East to finally get a price worthy of their output.

Thursday, April 14, 2016

Deutsche Bank admits to precious metal manipulation and is expected to name other banks involved

For years the alternative media, gold bugs, and organizations like GATA have been screaming to Main Street on how the price of gold and silver have been manipulated by the banking system to protect the dollar.  And despite the fact that the very markets who control the gold and silver prices show on their own books that contracts out number the actual amount of metals available by ratios as high as 542:1, rarely has any bank or market maker ever admitted to participating in the rigging.

Until now.


Deutsche Bank AG has agreed to settle U.S. litigation over allegations it illegally conspired with Bank of Nova Scotia and HSBC Holdings Plc to fix silver prices at the expense of investors, a court filing on Wednesday showed. 
Terms were not disclosed, but the accord will include a monetary payment by the German bank, a letter filed in Manhattan federal court by lawyers for the investors said. 
Deutsche Bank has signed a binding settlement term sheet, and is negotiating a formal settlement agreement to be submitted for approval by U.S. District Judge Valerie Caproni, who oversees the litigation. 
Investors accused Deutsche Bank, HSBC and ScotiaBank of abusing their power as three of the world's largest silver bullion banks to dictate the price of silver through a secret, once-a-day meeting known as the Silver Fix. 
According to the lawsuit, the defendants distorted prices on the roughly $30 billion of silver and silver financial instruments traded annually, violating U.S. antitrust law. 
UBS AG was also named as a defendant. Investors accused the Swiss bank of conspiring to exploit the Silver Fix, though it did not help set the benchmark. - Reuters
Interestingly, this admonition comes less than a week before China is begin setting its own gold price fix, and set in motion an arbitrage that will pit the East vs. West in who will have control and dominion over gold and silver.

Wednesday, April 13, 2016

Paper traders helping to keep gold prices going higher as market fully into bull run

As many gold holders know, the paper markets are much greater than the physical and can have extreme effects on price and direction.  But with gold in 2016 having its strongest start since Americans were allowed to once again own the precious metal back in 1974, an interesting synthesis is starting to emerge.

And that is the paper traders, particularly those in the options market, are moving en masse into the Bull camp and helping to keep gold going higher even as the Fed seeks to depress the price in order to protect the dollar.

Amid gold's best start to a year since 1974, options traders continue to bet on more gains.



Who needs Bernie? Americans spend more on taxes than on food, clothing, and shelter

Independent/Democratic candidate for President Bernie Sanders has been running on a platform of not just tax the rich, but pretty much tax everyone more to pay for his $18 trillion program of full blown Socialism.  But what the old man from Vermont who never worked an honest job in his entire life is failing to see is that as Americans rush towards tax day less than a week from now, they already give away to government agencies more in taxes than they spend each year on food, clothing, and shelter…
Combined.
This year, Tax Freedom Day falls on April 24, or 114 days into the year (excluding Leap Day).
Americans will pay $3.3 trillion in federal taxes and $1.6 trillion in state and local taxes, for a total bill of almost $5.0 trillion, or 31 percent of the nation’s income.
Americans will collectively spend more on taxes in 2016 than they will on food, clothing, and housing combined.
That last statistic is a huge sore point with me.
How can anyone argue that we are not a socialist society when the government takes more of our money than we spend on food, clothing and housing combined?
What they are doing to us is deeply wrong and it is fundamentally un-American. -Theeconomiccollapseblog
tax foundation chart
Chart courtesy of Taxfoundation.com
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Panama Papers: Intelligence agencies including the CIA used offshore service to funnel money for operations

A leaked report in the ongoing Panama Papers scandal has revealed new sources using the law firm of Mossack Fonseca to funnel money offshore, and to provide services for ongoing off-book operations.  In an announcement made by German newspaper Sueddeutsche Zeitung, the Panamanian firm helped facilitate accounts for several intelligence services, including the U.S. Central Intelligence Agency (CIA), to hide and funnel money for agents and operations.
Using shell and other holding companies is nothing new for intelligence apparatus, but today’s revelations will open new scrutiny for the CIA and other national spy services who may be using the law firm to launder money in illicit activities such as drug running and funding NGO organizations tied to terrorist groups.
cia-PRIVATIZED
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Tuesday, April 12, 2016

IMF downgrades entire global economy following bank warnings of imminent defaults

It is both sad and funny how the mainstream propagandists can say that the economy and financial systems are absolutely fine one week, and then less than five days later warn of imminent disaster due to the potential of global credit defaults.  But this is exactly what has happened as the IMF downgraded the entire global economy on April 12, and both Bank of America and Deutsche Bank publicly announced serious dangers in the credit markets.
Moments ago the IMF did what it does better than anyone (with the exception of the Fed): it once again admitted its forecast of world growth had been too optimistic, and as a result in its just released quarterly World Economic Outlook report, it cut its forecast for 2016 global GDP growth from 3.4% to 3.2%, and from 3.6% to 3.5% for 2017. Indicatively, back in July 2014 the IMF was forecasting 4.0% GDP growth in 2016. It is now 20% lower. - Zerohedge


Yet in addition to the IMF's new forecast of an economic slowdown, and European bank warnings of credit defaults, the biggest danger may be coming from the Far East as a former IMF Chief Economist for the IMF announced that Japan is in its 'Endgame', and has reached the point of no return as it resides at a debt level of 250% of its annual GDP.

There is a reason why we have seen multiple central banks move into negative interest rates, call for direct payments to their citizens, and promote the idea of banning cash, because the reality is that the world is rushing headlong into the next financial crisis, and the clock is ticking for everyone to secure their wealth and get out of the system before they lose it all.

And we all know where the best safe haven is.



U.S. becoming desperate to hold on to their power over global financial system

Empires and the elite never relinquish power easily, and are often willing to cause extreme harm to the system itself to try to hold onto their control.  And while we have seen this exhibited over the past few years in the form of economic sanctions (Russia), tariffs (China), sovereign overthrows (Libya, Syria, Ukraine), and secret trade agreements (TPP, TTIP), the fact of the matter is the world is in cyclical sea change which is very similar to previous times when empires like that of France and Britain lost their control to a new power.
Yet it appears that most of these offensive maneuvers by the United States against growing economic, political, and military powers are no longer working as Washington desires, and the administration is now resorting to begging to try to remain as top dog in dictating monetary policy.
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Sunday, April 10, 2016

Got gold? Bank bail-ins have returned, and are beginning in Austria

Last year saw a mad rush by Western governments, especially in the Eurozone, to pass bail-in legislation before the end of 2015.  And while the European Central Bank has done its part in attempting to buy every single toxic debt that was on the books of European banks, it hasn't been enough to satisfy the trillions in loans made to subsidize the oil industry, emerging markets, or artificial bubbles in sectors like housing.

And it appears that these new laws came none too soon as on April 10, Austria invoked their bail-in procedure and will initiate a debt haircut on senior creditors for a failed bank that was nationalized six years ago.

Today, the Austrian Financial Market Authority (FMA) in its function as the resolution authority pursuant to the Bank Recovery and Resolution Act (BaSAG - Bundesgesetz über die Sanierung und Abwicklung von Banken) has issued the key features for the further steps for the resolution of HETA ASSET RESOLUTION AG. The most significant measures are: 
•a 53.98% bail-in, resulting in a 46.02% quota, for all eligible preferential liabilities, 
•the cancellation of all interest payments from 01.03.2015, when HETA was placed into resolution pursuant to BaSAG, 
•as well as a harmonisation of the maturities of all eligible liabilities to 31.12.2023. - Examiner
Are you prepared for a bail-in at your financial institution?  Or are you set in having your wealth transferred to the only asset that cannot be confiscated in a bail-in, or devalued by central banks?

Panama Papers appear more and more as an attack to take down global leaders opposed to banker control

Earlier this week, the first major consequence from the leaked Panama Papers occurred when they revealed that Iceland’s Prime Minister was a client who had used the Mossack Fonseca law firm to create an offshore account which hid his assets from sovereign regulation.  And as a result, protests from the Icelandic people forced the PM to resign from office.
The significance of this leak is that what Sigmundur David Gunnlaugsson did by offshoring his wealth was not illegal, but only perceived as such in a world where income inequality has helped divide the rich and poor, and obfuscate truth from reality.
Yet perhaps what is most relevant, and not widely mentioned by the mainstream media, is that the controlled disclosure of certain individuals tied to the Panama Papers may actually be an attempted attack on persons who have or are in opposition to the banking cabal, and the elites who are trying to create a global fascist construct.  Case in point, Iceland had rebelled against the banks who had burdened the country with onerous debts, and even jailed several bankers for their criminal activities, with Sigmundur David Gunnlaugsson having been a key element in the nation’s rejection of ECB demands.
panama papers 2
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