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?

Thursday, May 12, 2016

Keynsian shill blames the American people not spending as the reason behind slow economy

Forget the fact that inflation, higher costs for education, Obamacare taxes and premiums, and record rents are the primary reasons why Americans have shuttered their spending over the past eight years, and instead trust in journalistic propaganda that villifies consumers as the ones at fault for the slow economy.  Because this is the assessment of a so-called economic journalist for the Washington Post, who wrote on May 8 that if people just borrowed and spent, everything in the economy would be unicorns and rainbows.

broke

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Wednesday, May 11, 2016

Despite recent pullback and consolidation, J.P. Morgan and Hedge Fund Manager validate gold bull market

Ever since gold briefly crossed $1300 per ounce last week, the price of the precious metal has fallen due to profit taking, and a massive effort by the central banks to suppress the price through shorting the market with near record naked contracts.  But this has only led to a consolidating of the market around $1250, and a removal of most weak hand investors during the last run-up.

And it is because of the strength of this consolidation that on May 11, a well known hedge fund manager along with bullion bank J.P. Morgan both announced validation that gold is well into, and definitely in the next Bull Market.

gold
Billionaire hedge fund manager Paul Singer said that gold’s best quarter in 30 years is probably just the beginning of a rebound as global investors -- including Stan Druckenmiller -- weigh the ramifications of unprecedented monetary easing on inflation. 
“It makes a great deal of sense to own gold. Other investors may be finally starting to agree,” Singer wrote in an April 28 letter to clients. “Investors have increasingly started processing the fact that the world’s central bankers are completely focused on debasing their currencies.” - Billionaire Paul Singer, Bloomberg
And J.P. Morgan's assessment...
Gold prices are surging this year, and that has one of Wall Street's largest banks flocking to the yellow metal. 
"We're recommending our clients to position for a new and very long bull market for gold," JPMorgan Private Bank's Solita Marcelli said Tuesday on CNBC's "Futures Now." After seeing three back-to-back years of losses, the precious metal has rallied 20 percent in 2016. And that's just the start of the next leg higher, according to Marcelli. "$1,400 is very much in the cards this year." - CNBC

Public can now search offshore companies involved in Panama Papers data hack

Many times when whistleblower organizations release information from hacked or third party provided sources, the data is dumped in a non-linear method which makes it harder for the common person to sift through the meta-data to find important points which can be of some use.  However, after weeks of criticism by the likes of Wikileaks and other alternative outlets which pointed out that the ICIJ ‘cherry picked’ corporations released in their first announcement of those who offshored money and assets, the independent media organization has now opened up the entire hacked database to the public and has even created a search engine for easier access.

Soros

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Member of the Obama administration publicly admits TTIP meant to protect bank fraud

Last year, Wikileaks published a section of the Trans-Pacific Partnership (TPP) agreement which outlined how the super secret trade deal was written to give sovereign power to corporate entities.  Now on May 7, a member of the Obama administration, the Italian Ambassador John Philips, let slip that the European version of TPP (The Trans-Atlantic Trade and Investments Partnership - TTIP) needs to be signed quickly by EU nations so that corporate banks can be protected from foreign and civil lawsuits tied to the bank’s mortgage fraud and other crimes.
In essence, the TTIP would allow corporations to engage in criminal activity, with no repercussions from either the American or foreign legal systems.

ttip
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Monday, May 9, 2016

London gold market a ticking time bomb as they have zero gold to backstop $200 billion in daily traded contracts

When central banks embarked on their course of zero interest rates and quantitative easing programs five years ago, the biggest threat to their schemes was if the public ever lost confidence in their power to devalue their currencies.  And the one key financial element that would be the catalyst for destroying that confidence was the gold price.

So to ensure that central banks could perpetually continue a money printing ponzi scheme, they had to also embark on a program of gold price suppression.  And they did this with a two-fold process.

1.  Lease (sell) gold on the markets to help suppress prices.
2.  Naked short the futures market (which currently determines the daily price) with hundreds of thousands of contracts.

The result of course is that it created a lack of confidence in the gold markets, because buyers were less willing to invest in this commodity/money if they knew that prices would be manipulated downward in a concerted effort by the Comex, the bullion banks, the Fed, and the regulators.

But as with all ponzi schemes, it only takes one slip up to blow the whole thing wide open.  And with a growing understanding that the banks have little or no gold at all to backstop what is a $200 billion per day paper market, the clock is ticking on a massive time bomb that only needs a small push to blow the scheme wide open, and free gold to fair price discoveries once and for all.

Intuitively, we think that central banks might have lent/leased gold to maintain the status quo and mask what is technically a default. However, rather than being used to provide temporary liquidity, it is possible that loans/leases are being rolled. This is not sustainable and implies dual ownership claims.
Going forward, the market is vulnerable to several trends in physical gold trading patterns: 
  • Since 2009, central banks have switched from net sellers to net buyers ;
  • The extraordinary strength in Chinese gold demand as indicated by withdrawals of bul-lion on the Shanghai Gold Exchange, e.g. an astonishing 2,597 tonnes, or more than 80% of all of the gold mined worldwide, in 2015;
  • The rebound in gold held by London-based gold ETFs, which has been increasing since January 2016, as western investors dip their toes back into physical gold; and
  • Net gold exports by the UK - mainly to support strong Asian (especially Chinese) demand - which have been a feature of the market since 2013.
But the vulnerability is not confined to current trends in physical bullion.
If there is no gold float, there is nothing supporting more than US$200 Billion of trading every day in unallocated (paper) gold instruments which accounts for more than 95% of gold trading in London. 
The convention of trading unallocated gold has been based on a fractional reserve system. It works as long as gold buyers retain confidence that the banks could deliver physical gold if demanded, but our analysis suggests that they could not.For more than four years, selling of paper gold overwhelmed growing demand for physical gold from the likes of China and central banks (in aggregate). The “gold market” became a chimera as fundamentals were turned upside down. Banks added paper “gold supply” in almost elastic fashion on occasions when western investors increased net gold exposure via paper gold instruments. 
We’ve argued for many years that a breakdown and bifurcation in the gold market between physical and paper gold substitutes would be necessary for accurate price discovery of physical gold bullion. The lead article in the January 2016 edition of the LBMA’s quarterly magazine was titled “Wholesale Physical Markets are Broken”, which might be confirmation that this process is reaching an advanced stage. - Zerohedge

An industry people trust kills 21 times more Americans per year than guns do

Thanks to 24 hour news programming, youtube, and the fact that 75% of the country owns video capable phones, many Americans believe that gun deaths and firearm violence are at all-time highs.  And from this, outcry against guns has brought the nation very close to 50-50 on whether to overturn 2nd Amendment protections in our right to own and bear arms.
However, this false belief that guns are the primary (and to some the sole) reason for most homicides and un-natural deaths is based primarily on programming, and has little to do with actual facts on the matter.  For if people actually took the time to digest the reality that in 2015, only a little more than12,000 Americans lost their lives because of gun violence, they would suddenly be open to seeing that there is an industry that we all ‘trust’ that actually kills 21 times more people each year than firearms do.
And that industry is the medical establishment.
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Sunday, May 8, 2016

Investors moving from Junk to gold

For those who live and breathe in the investing world, they know that the bond markets are much bigger than the stock markets.  And while a decline or even collapse in equities is a bad thing, it doesn't hold a candle to the economic destruction that can come from the same results in the bond market.

For many years following the 2008 credit crisis, and subsequent move by the Fed to zero interest rates, bonds have been a primary safe haven for banks, investors, and even sovereign governments, especially to foreigners looking to eek out a return in a wildly speculative market climate.  And with the search for yield at all costs helping to create a derivative 'weapon of mass economic destruction', the question few in the financial community have asked is, what would we do when the unwinding of bonds and derivatives comes?

Well, it appears one of the answers to this is the rush into gold, and as the unwinding of junk bonds begins in earnest, many are seeing the precious metal a viable safe haven for what is coming next.



As Bloomberg reports, the withdrawals from equity and credit funds highlighted the lack of faith in the rally that helped stocks briefly erase their annual losses last month. Equity traders have remained on the sidelines, with volume down in recent weeks as investors sought safer assets such as gold. 
The S&P 500 just suffered its biggest two-week retreat since February as signs of slowing growth in the world’s largest economy mounted. Worldwide stock ETFs lost $12.6 billion in the four days through May 5, wiping out more than six weeks of inflows, as the MSCI All-Country World Index capped its worst week in three months. 
“The market is becoming more cautious and using ETFs to allocate tactically. We’ll probably continue to see more flows into gold and less into equities.” 
The $5.3 billion pulled from State Street’s SPDR S&P 500 ETF Trust represented more than 40 percent of the total withdrawals recorded in the first days of the month, according to data compiled by Bloomberg tracking funds of more than $100 million. Underscoring the flight from risk assets, BlackRock Inc.’s iShares iBoxx $ High Yield Corporate Bond ETF also saw outflows as traders yanked $2.3 billion from it. 
Instead, they poured more than $1 billion in the SPDR Gold Shares and almost $540 million in the iShares TIPS ETF, which tracks inflation-protected Treasury notes. - Zerohedge

FDIC closes third bank of 2016 in King of Prussia, Pennsylvania

On May 6, the FDIC closed down their third bank for 2016 as First Cornerstone Bank shuttered its doors.  This institution is the second bank failure in the past two weeks, with Trust Company Bank being closed down by regulators in on April 29.
This bank failure is also the first for the month of May, and brings the overall number of bank closures in 2016 to 3.
5/6/2016 *** Pennsylvania *** King of Prussia *** First Cornerstone Bank *** $10.8 million dollar estimated FDIC DIF cost.
The total DIF for failed banks this week is $10.8 million.
abc_banks_money_090719_mn
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Saturday, May 7, 2016

Former U.S. Asst. Treasury Secretary says gold will go to $5000 and beyond when manipulation ends

Former Assistance Secretary of the Treasury Dr. Paul Craig Roberts spoke with Eric King of King World News on May 6, and reiterated his long-standing belief that the economy is and has been far worse off than the manipulated economic data is showing.  And that this manipulation goes well into the realm of gold suppression, where if bullion banks working in league with the Federal Reserve were to end their manipulation of gold, the price would explode to $5000 per ounce or higher.


Dr. Paul Craig Roberts:  “It’s entirely possible that if the Fed was not manipulating bullion prices, and if people realized the dire straits of the situation — that the Fed has created something like $4 trillion during a period in which the U.S. real GDP did not grow commensurately, such that the dollar is essentially devalued — then more people would want to own gold.  
And if the price wasn’t sat on by the bullion banks, then the gold price would explode.  It could go to $5,000.  The price of gold could go beyond $5,000… - King World News
It is this price suppression for gold that has led China to open the world's largest physical gold market, and implement their own new pricing mechanism just three weeks ago.  And when London and the Comex soon prove out that they have no gold to backstop their paper contracts which are the backstop for price determination in the West, gold will be released to seek its true market value, and skyrocket out from under a manipulation that would have already seen its price well above $3000 - $5000 since 2011.

April jobs miss estimates by 40,000, with nearly all going all new jobs going to elderly

As today’s polar opposite Wall Street paradigm extorts, bad news is good news for banks, corporations, and investors.  And with today’s massive drop in new jobs for the month of April in relation to analyst expectations, the ‘good news’ is that chances of a Fed rate hike in June have now dropped to almost zero.
But for the rest of the American people, bad news is always bad news, and underlying the 140,000 new jobs ‘created’ by the economy last month, those who need employment the most lost positions while those who need it the least, gained.
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