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?

Friday, May 6, 2016

Bad jobs report good for gold and bad for dollar as expectations of Fed hike diminish

Ever since the Federal Reserve raised interest rates by a quarter point last December, analysts have been forecasting between two and four more rates hikes in 2016 as the assumption that the economy is now 'doing well' has skewed expectations despite the real data denoting the world is in a global recession.

On May 6, these analyst assumptions took a massive hit as job numbers for April came in more than 40,000 less than expectations and the chance of a rate hike taking place in June, or the rest of the year, suddenly plunged to near zero.

What this means in the long run for both gold and the dollar is that it may be more likely that the central bank must change course and now put in a rate drop, as well as more quantitative easing back on the table, which will cause the dollar to weaken and gold to continue its rise as people and investors look for safe havens from Fed impotence.

As the global uncertainties have gripped the major economies of the world, most assets have lost their attractiveness to investors. Only gold’s allure remains, and we’ve seen a rally in precious-metal-based funds and other related investments. 
The Federal Reserve remained shy about a rate hike owing to the downward sticky inflation numbers that fail to give muscle power to the central government. While the inflation numbers run below the target 2%, the personal consumption expenditures index rose 1.3% in January year-over-year. The core inflation increased 1.7%, but the prospects for the same measure remain unchanged. The GDP (gross domestic product) growth expectations have also dropped since December. - Market Realist

Thursday, May 5, 2016

Billionaire investor with one of best track records in the world goes big into gold over dollar

There is an old saying that goes, if you want to be rich, do what the rich do.  And while less than 1% of the American people have any allocation in gold in their savings or retirement portfolios, a billionaire investor with one of the best investing track records in the world has not only gone big time into gold, but believes it will be the best trade in light of devaluing currencies, and central bank interventions.

Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, said the bull market in stocks has "exhausted itself" and that gold is his largest currency allocation. 
Druckenmiller, speaking at the Sohn Investment Conference in New York on Wednesday, said while he’s been critical of Federal Reserve policy for the last three years he expected at that time it would lead to higher asset prices. 
“I now feel the weight of the evidence has shifted the other way; higher valuations, three more years of unproductive corporate behavior, limits to further easing and excessive borrowing from the future suggest that the bull market is exhausting itself,” said Druckenmiller, who averaged annual returns of 30 percent from 1986 through 2010 at his Duquesne Capital Management. 
As bankers experiment with "the absurd notion of negative interest rates," Druckenmiller said, he’s wagering on gold. “Some regard it as a metal, we regard it as a currency and it remains our largest currency allocation," he said, without naming the metal. - Bloomberg

Legalized theft: Italian high court rules it is not against the law to steal food


Laws are put in place in a society to both lay down legal and moral boundaries, and to ensure that a citizenry does not fall into anarchy when they find it easier to commit a crime than to work honestly towards a solution.  And perhaps no greater example in recent days could be with the establishment of transgender bathroom rights, which just days after their legalization had both stalkers and sexual predators abusing this politically correct edict.
And now in Italy, a new ruling by their high court has made it no longer a crime to steal food from any and all retailers if the individual claims only that they were hungry.
Stealing small amounts of food to stave off hunger is not a crime, Italy’s highest court of appeal has ruled.
Judges overturned a theft conviction against Roman Ostriakov after he stole cheese and sausages worth €4.07 (£3; $4.50) from a supermarket.
Mr Ostriakov, a homeless man of Ukrainian background, had taken the food “in the face of the immediate and essential need for nourishment”, the court of cassation decided.
Therefore it was not a crime, it said.
A fellow customer informed the store’s security in 2011, when Mr Ostriakov attempted to leave a Genoa supermarket with two pieces of cheese and a packet of sausages in his pocket but paid only for breadsticks. - BBC

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Wednesday, May 4, 2016

Gold buyers still ignorant of physical market as traders pile into S&P; paper gold at record levels

When a paradigm belief is strong, very little will ever change the minds of those held within its thrall.  And a great example of this is how U.S. and Western investors continue to trust in paper assets rather than trading in physical commodities that have real tangible value.

Last month the Shanghai Gold Exchange ushered in a new era for gold by declaring the first new price discovery mechanism in over 100 years.  And while the SGE established itself upon a foundation of physical gold, record numbers of investors in the West continue to buy paper gold through stock market ETF's rather than buying physical gold which they can be sure is in their hands, and not under the authority of known criminals and convicted manipulators.


Investors are piling back into gold, and they're coming in droves. 
Holdings in SPDR Gold Shares, the world's largest exchange-traded fund backed by gold, surged 20.8 metric tons on Monday, the biggest one-day expansion since 2011, data compiled by Bloomberg show. 
About $7.1 billion in new money poured into SPDR Gold this year, the most of any ETF tracked by Bloomberg around the world, as holdings soared to the highest since 2013. - Salt Lake Tribune
Perhaps the most substantial difference between paper gold owners, and those who own physical gold, is that they choose to ignore the incredible manipulation that takes place by the bullion banks in the paper gold market.  In fact, last month Deutsche Bank publicly announced they were guilty of manipulating gold prices through the London Gold Fix, and the U.S. Comex has little actual gold, with more than 500 paper contract demands tied to every individual ounce of gold held in their vaults.

Which means that investors own meaningless paper, and simply a promise to deliver gold, rather than actual gold itself.

Gold: If you don't hold it, you don't own it.

Obama administration using blackmail and extortion to try to get Europe to sign TTIP

Secrecy aside, the Obama administration is now resorting to blackmail and extortion to try to force European nations into signing the ‘free trade’ agreement known as the Trans-Atlantic Trade and Investment Partnership.
In a new report out on May 1, Greenpeace leaked out information to the German newspaper Süddeutsche Zeitung on how the White House is threatening to block European car imports if they don’t come to the table and sign the agreement despite the massive protests by EU citizens against the TTIP.
twist arms
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Tuesday, May 3, 2016

Gold vs. Stocks: Trend ratios looking exactly like 2007 just prior to financial collapse

Contrary to the year of the financial EVENT in 2008 that changed the global economy forever, the circumstances behind the Credit Crisis started in 2007 with the collapse of the housing bubble, and the apex of the six year equity Bull Market.  And one thing it also triggered was the beginning of the next leg of the Bull Market in gold, which would move from the $700's to a new all-time high of over $1900 in a short period of time.

There are many things that act as warnings and signposts for future events, and one of these has occurred since the beginning of the year which parallels 2007, and the beginning of events that led to a worldwide financial collapse.

The ratio between gold growth and stock market declines.


As you can see on this chart, the 2016 performances of both gold and the S&P 500 are exactly the same as the performance of each back in 2007.
Gold is enjoying an incredible year, surging 22 percent as the S&P 500is barely positive. What's rare is for the yellow metal to outperform the market so dramatically in a year when stocks are up. 
In fact, going back to 1980, there has been only year in which gold has outperformed the S&P by 20 percent or more while the latter was positive on the year: 2007. 
Both gold and the fear-measuring CBOE Volatility Index surged in the second half of that year, even as stocks maintained their footing. The crash, of course, came in 2008. - CNBC

Monday, May 2, 2016

Gold crosses $1300 and silver $18 on first trading day in May

Last week we wrote about the importance of gold closing above its heavy resistance point of $1285, and whether the bullion banks would attempt to naked short the price on Sunday with a massive number of paper contracts.  And as we begin a new trading month here in May, it appears that we had at least a minor capitulation from the cartel as gold not only rose above $1300 per ounce this morning, but it is mirroring the dollar as the reserve currency continues to decline precipitously.
A lack of intervention in the Yen and strength in EUR have combined to weigh on the US dollar. Bloomberg's USD Index is back at one-year lows as, while overnight chaos sent stocks higher, it has driven investors into the safety of bonds (Treasury yields down 2-3bps) and precious metals. Gold topped $1300 and Silver $18. - Zerohedge




Sunday, May 1, 2016

Gold ends April up 4 percent, and at 15 month high

When gold began to move in early January, many thought it was simply a knee-jerk reaction from equity sellers moving into the metal as a safe haven because bond yields offered almost infinitesimal returns.  However, with gold not only withstanding the paper onslaughts by the cartel in both February and March, its recovery and explosion upward in April has proven that gold is now in the next leg of a Bull Market.

Gold closed on April 29 at $1293 per ounce, which means that it rose by 4% over the course of the month, and ended on the last trading day at a 15 month high.

Gold and silver futures rallied Friday, posting the highest settlements since January 2015, as a slump in the greenback to its lowest level in about 11 months lured investors into dollar-denominated commodities. 
June gold GCM6, +2.25%  jumped $24.10, or 1.9%, to settle at $1,290.50 an ounce, marking a fifth straight day of gains. The settlement was the best since late Jan. 2015. Prices ended roughly 4.4% higher for the month, based on the most-active contracts, and were up over 5% on the week. - Marketwatch
Heading into May, the most important thing to watch is the U.S. dollar, which closed on Friday just barely over 93 on the index.  And if it begins to slide next week when the markets re-open, then chances are very good it will collapse into the 80's very quickly, and the gold price will skyrocket towards $1400 with little resistance.

Zimbabwe becomes newest economy to demand an end to sanctions against Russia

Earlier this week, a majority of France’s parliament voted to end their nation’s policy of Russian sanctions in light of a continuing deterioration in their economic output.  And on April 30 another economy, this one from Africa, joined its voice in calling for an end of trade restrictions against Russia that were forged out of Washington’s desire for a resurgence of a cold war against Moscow.
The condemnation of current and ongoing sanctions on Russia by the U.S. was provided by Zimbabwean Foreign Minister Simbarashe Mumbengegwi, who spoke out against Washington during trade talks with Russian Industry and Trade Minister Denis Manturov.
chna africa trade
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FDIC closes second bank of 2016 in Memphis, Tennessee

On April 29, the FDIC closed down is second bank for 2016 as Trust Company Bank shuttered its doors.  This institution is the second bank failure in the past two months, with North Milwaukee State Bank being closed down by regulators in March.
This bank failure is the first for the month of April and brings the overall number of bank closures in 2016 to 2.
4/29/2016 *** Tennessee *** Memphis *** Trust Company Bank *** $7.2 million dollar estimated FDIC DIF cost.
The total DIF for failed banks this week is $9.6 million.
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