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?

Wednesday, August 3, 2016

Presidential candidate Donald Trump tells supporters to get out of the stock market and sell their 401K's

Most people know that Donald Trump is a highly successful real estate mogul and brand marketer, but interestingly, his prowess for winning has often not manifest itself in the equity and stock markets.  There could be numerous reasons behind why he has failed in this arena but the most probable is that he is not one of the 'insiders' like Warren Buffett, who latches on to government institutions for certain 'insights' into the direction of market industries and executive policies.

So with the Donald not being a big fan of stock markets, it should come as no surprise that the interventions (by the Fed) and manipulations (High Frequency trading computers) that comprise the bulk of equity market trading have led him on Aug. 2 to tell his supporters to not only get completely out of stocks, but to also divest their 401K's before the markets inevitably collapse.

Well, we are now almost exactly three months away from the November 8 election, and if Trump wants to really boost his chances, a market crash right now would be certainly most welcome by his campaign. 
That may be why Trump on Tuesday urged his supporters holding 401-(k) to get out of equities as interest rates set by the Federal Reserve are inflating the stock market. 
“I did invest and I got out, and it was actually very good timing,” the Republican presidential nominee said in a phone interview with Fox Business. “But I’ve never been a big investor in the stock market.” “Interest rates are artificially low,” Trump said. “The only reason the stock market is where it is is because you get free money.” 
Trump also warned of "very scary scenarios" ahead for investors. - Zerohedge

Tuesday, August 2, 2016

Gold fills the gap and has now moved up to its best price in three weeks

Over the past two weeks, the gold price had fluctuated between $1300 and $1330 as the post-Brexit rally appeared to stall a bit from its move towards $1400 per ounce.  But as we noted here in a previous post, the lull in gold moving higher appeared to be due to the markets waiting for buyers to fill the gap, and sellers to finish taking some profits.

Since the end of last week, gold has moved back up over $1350 and is on its way towards crossing the two year high of $1374 that it achieved within the past two months.  And if it can sustain that price, there is little resistance between here and around $1420.

Gold traded at a three-week high in London Tuesday on the back of a weaker dollar and uncertain timing for a rate increase by the US Federal Reserve. 
Spot gold traded up 0.40 per cent at $US1.358.78 per metric ton in midmorning European trade, its highest point since July 11. 
The WSJ Dollar Index, which measures the dollar against a basket of other currencies, was trading down 0.33 per cent on Tuesday. A weaker dollar makes dollar-denominated commodities, including gold, more affordable for investors who hold other currencies. 
Gold has risen in recent days on the back of a weaker-than-expected 1.2 per cent growth in the US gross domestic product in the second quarter. - The Australian

Military goes fascist as Pentagon appoints media and tech CEO's to advisory roles at Defense Department

It is one thing for the Department of Defense to work hand in hand with corporations that build and equip the largest military in the world, but it is quite another when they appoint civilian tech CEO's who have a long history of abusing our personal data to roles on a defense advisory board.

On Aug. 1 the Pentagon added Jeff Bezons, CEO of Amazon and the Washington Post, along with President Obama's chief attack dog Cass Sunstein, to an advisory board that already includes Google CEO Eric Schmidt.

The Pentagon’s increasingly eclectic Defense Innovation Advisory Board has reached full strength, with celebrity astrophysicist Neil deGrasse Tyson and founder Jeffrey P. Bezos among the latest named to a group that includes some of the private sector’s most successful leaders. 
Defense Secretary Ashton B. Carter established the board in March with Alphabet chairman Eric Schmidt as its head. Already, some of the members have spent time with airmen in Nevada and sailors in San Diego, and they’ll meet with other service members Tuesday at Fort Bragg, N.C., and Wednesday in  Tampa, at the headquarters of U.S. Central Command and U.S. Special Operations Command, Carter said. - Washington Post
So the Pentagon now has the head of a media outlet, the top internet search engine, and a progressive activist lawyer who once said that the government should infiltrate websites and chat rooms to vilify and attack anyone in opposition to the government narrative to advise the military on the future of innovation and control.

And for what purposes would these tech, media, and social media magnates have with our military?  Good question, but historically we have seen this before.
“It is the absolute right of the state to supervise the formation of public opinion.” 
“We shall go down in history as the greatest statesmen of all time, or as the greatest criminals”- Joseph Goebbels, Head of Hitler’s Ministry for Public Enlightenment and Propaganda

Monday, August 1, 2016

Gold supplies declining as the cost to mine the metal continues to increase nine years after reaching Peak Gold

It was determined back in 2007 that the world had reached the point of Peak Gold, which means that the majority of easily accessible metal had already extracted from the earth and that going forward, mining costs would invariably increase just to be able to get smaller and small amounts from new gold discoveries.

Eight years later, analysts are now predicting that the industry has reached a new plateau of Peak Gold Production, and that supplies to the market will continue to decrease as well, leading to a drive up in price as demand remains steady and supplies dwindle.

This year gold has traded so strongly with the jitters in other markets that it’s easy to forget its own fundamentals. 
And that might be a mistake. Because they are looking interesting. 
Discoveries peaked in 2007 and production will shortly do the same, according to Canadian investment firm Sprott Asset Management. New finds have collapsed between then and now, but not for want of looking. Indeed, “exploration budgets rose 250% from 2009 to 2012,” Sprott’s gold team wrote in a recent note. 
It looks as though 2015 may be the peak year of global production - about 95 million ounces. On an annualised basis, the decline would be about 2.2% a year out to 2024 it said. 
This will be supportive of gold prices, which are already up more than 24% this year. But it also looks interesting for miners. It is likely that there will be a “significant wave of M&A (mergers and acquisitions) within the industry” because “companies need to replace both reserve and production ounces”. - News Markets
As the economy and banking systems tread water in their reliance for continuous quantitative easing and negative interest rates, more and more people who have discounted gold for many years will one change their tune and seek the security of wealth protection that only gold can provide.  And when that day soon comes, the problem that will hang over them is not if they can afford the price of buying the metal, but will there be any metal available to them when the flood gates open from the rise in consumer demands.

Saturday, July 30, 2016

Gold crosses a milestone that historically guarantees another 40-412% in price growth

Before the advent of central bank intervention into the markets, most investors relied upon fundamentals and technical analysis when researching the future of a company stock, or the potential growth in resource commodities.  And while past history does not always guarantee future trends, the likelihood of certain benchmarks being crossed places the probability of such moves in the 75-95% range.

This week, technical analysis for gold reached one of those historical milestones, and in all past bull markets for the metal, the upside once reaching that benchmark has always been between 40 and 412%.
Strategically, it’s been even longer since we updated our longer-term framework for gold.  In fact, it’s been three months since we did that in this post.  In that May piece we suggested the metal continued to track favorably vs. our bullish expectations, but in the near-term it faced a major test having rallied nearly +25% off its Dec-15 low, a historical demarcation point whereby cyclical retracement rallies were either snuffed out with a resumption of a secular bear beginning afresh, or, the same moves continued higher, indicative of a new secular bull being underway.
Where do we now stand vs. that +25% demarcation point? 
As of month-end today, gold is up over 27% from its Dec-15 lows. 
This a major milestone - any time gold has managed a move of at least 25% off a major low, it has continued higher every single time with incremental gains ranging from 21%-412%, with the average totaling 175%. - Only Prices Matter

Chart courtesy of Only Prices

Venezuela's leader channels his inner Marie Antoinette and eats a $100,000 cake while his people starve

If there is one thing that can be said about socialist/communist leaders, they have no problems living the high life on the backs of the people they have conned.  From Fidel Castro, who is reported to have billions of dollars stashed away in offshore accounts, to Daniel Ortega in Nicaragua who has become a multi-millionaire by creating private companies to fulfill most government contracts, the reality is that those who rally for government controls over the means of production do so with the intention of putting themselves in power over them, and getting rich while the people they claim to help remain poor.

So perhaps it should come as no surprise that on July 30, Venezuelan President Nicholas Maduro had a cake costing $100,000 made to celebrate the birthday of Hugo Chavez, while his people are relegated to eating their pets just to survive from hyperinflation and massive food shortages.

Nothing describes socialism more aptly than baking a 4 feet tall cake weighing 90 kilos for Hugo Chavez’s birthday (a dead man) while the rest of the country starves, cannot find basic necessities 
According to a local newspaper, the following ingredients were used :
  1. 720 eggs
  1. 23 kilos of butter
  1. 90 kilos of flour
  1. 90 kilos of sugar
  1. 44 gallons of milk                                                                                     
With the state sponsored food program. Evidently, the government’s priorities are elsewhere.
So like all historical leaders who see their people as little more than peasants or slaves, and keep them in poverty under the guise of 'government for the people', it is a reminder that when it comes to 'doing as they do', all they will say is let them eat cake.

Friday, July 29, 2016

Gold rises and investors lose complete faith in central bankers following the Fed and BoJ's failed guidance

Gold prices have recovered from recent pullbacks following this week's less than insightful messages from both the Federal Reserve and the Bank of Japan.  In fact, faith in the central banks has dropped to a near record low, and investors are becoming extremely wary that the monetary controllers will be unable to do the right things for interest rates and increased stimulus as the economy moves closer towards another crisis.

On Wednesday the Federal Reserve gave a lukewarm message and chose not to raise rates despite high job numbers from the May report.  And last night, the markets completely rejected Kuroda's promises of new stimulus, sending gold higher, and the Yen back towards 102 to the dollar.

Individual investors like Kudo drove a 60 percent jump in sales of the precious metal in June from May at Tanaka Holdings Co., the operator of Japan’s largest bullion retailer, as the yen’s rebound against the dollar made it more affordable. While Prime Minister Shinzo Abe’s ruling party scored a convincing victory in July 10 upper house elections, confidence in his economic policies is flagging. A July 2-3 Asahi newspaper poll showed 55 percent of those surveyed support a new direction versus 28 percent for maintaining course. 
Strong Yen 
The yen’s 17 percent gain this year is a reflection of Japanese investors fleeing from overseas markets due to pessimism about global growth rather than confidence in their own economy. Gold sales more than tripled at Tanaka’s shops on June 24, when the Japanese currency jumped to an almost three-year high against the dollar after the U.K. decided to exit the European Union. Japan’s Topix stock gauge dropped the most in five years the day after the Brexit referendum, while 10-year sovereign bond yields tumbled further below zero. - Bloomberg

The internet of things moves into realm of courts, justice, and the law

As the focus on the future for business becomes how to integrate their models into the 'internet of things', public institutions like education have already been accelerating this process in the hopes of providing a less expensive, safer, and more results oriented alternative to over-crowded classrooms, and declining literacy rates.

Yet one of the most expensive institutions in the public sphere continues to be that of courts, justice, and a legal system which has become to bloated that a single high profile case can sometimes bankrupt small townships who's budgets are not funded to accommodate such trials.

So to help alleviate some of these expenditures, the UK is looking into, and beginning a process to have many court cases and trials be done online, and without the necessity of lawyers.  In essence, a return to the old fashioned magistrate system where justices use technology to act as judge, jury, and executioner for a ruling.

Lord Justice Briggs, a Court of Appeal judge who drew up a package of reforms for the civil justice system, has called for the establishment of an online court that does not have lawyers and can deal with claims of up to £25,000.  The move would give “effective access to justice without having to incur the disproportionate cost of using lawyers”, a report says.  - UK Times 
We’ve often made the point that the current Western law system is an illegitimate, expensive botch that would not be practical without monopoly central banking.
The US alone imprisons 25 percent of the world incarcerated population. It pays for this insanity by the over-printing of money. - Daily Bell
The cost in the United States alone for each criminal act ranges from around $41,000 for a simple car break-in, to $17 million for each murder, making the property, insurance, court, lawyer, and incarceration costs a staggering $500 billion to $1 trillion annually.  And according to a study from Iowa University, that is more than is dedicated towards Medicare each year, or even the U.S. defense budget.

As inflation has skyrocketed the costs for nearly everything, and city, county, and state revenues have not kept up with the increasing costs to be able to provide the services of law and order in many communities, chances are very likely that many crimes, both misdemeanor and felony, will one day soon be adjudicated online through the internet, where judges will once again be given extraordinary power to rule on behalf of both the state and the individual, all because it will become a necessary cost cutting measure.

Or the judges will simply be robots when technology evolves to the point where they can take over that position.

Thursday, July 28, 2016

First an email scandal to stop Bernie, and now the Democrats have to hire seat fillers for convention

The Democratic Party likes to call themselves the party of 'inclusion'.  And with Virginia Governor Terry McAuliffe trying to usurp Federal law by allowing felony convicts to vote, and California providing credentials to illegal aliens so they can effect our political system, it appears that the left would even welcome a ham sandwich if it could cast a ballot.

But the one thing they cannot seem to get this election season is a passionate electorate.  And in a Craigslist ad found this week in the Philadelphia area, it appears that the DNC is having to pay people to just to show up and fill thousands of empty seats at their convention.

Ironically, the majority of Democrats who suffered through blistering hot and humid July weather to attend the convention were not there to coronate Hillary Clinton, but instead to wreak havoc on the Democratic Party for purposefully ensuring their hero Bernie Sanders never had a chance to win the nomination.

Economist Marc Faber is now telling investors to put 25% of their portfolio into physical gold

Last week, famed economist Marc Faber spoke at a seminar for the Chartered Financial Analyst group out of Chicago, which brings together many of the top investment professionals in the United States.  During his time behind the podium, the Gloom, Boom, and Doom economist advocated that the global economy and financial systems have reached such a point where investors need to re-allocate much of their portfolios to physical assets such as gold, and even suggested that they replace currencies and bonds with up to 25% of their allocation going towards the precious metal.

Every year, Faber is brought on stage by an organization of elite investors, the CFA Institute, during a seminar in Chicago for highly trained investment professionals from throughout the world. And he was there Thursday. 
Why would an investing horror star be there? Because the most savvy of investment pros are taught not only to cherish the sweet delights of a soaring stock market, but also to look at what could go wrong, to test their happy thoughts and to prepare. 
Faber challenges oblivious investors in his "Gloom, Boom & Doom Report," which focuses more on doom than boom. But he also points out that even during doom there is always something that will boom. Faber said he wouldn't go as far as to suggest people buy property in Aleppo, Syria, now, but you get the idea: Money is made when investors dig through carnage, not when they buy something that's been popular a long time. 
Faber told the investment professionals gathered in Chicago that they shouldn't be prejudiced against gold. Although the typical investment pro keeps less than 1 percent of his or her portfolio in gold, Faber suggests 25 percent. He sees it as protection from a dangerous combination of tremendous government debt and massive bond-buying by central banks globally trying to fight off recession with near-zero interest rates. Besides gold, Faber has invested in Asian real estate and some stocks and bonds. - Chicago Tribune