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, January 9, 2017

To supplement the insolvent trust, Social Security increases the amount of income taxed beginning in 2017

When Social Security was first introduced in 1935, it was sold to the American public as form of retirement insurance that was based similarly to that of private insurance policies.  Ie... you put in a certain amount each pay period and at age 62 or higher, you can begin to collect the proceeds of your 'policy'.

But the reality is that Social Security is little more than a ponzi scheme, and a way for the government to siphon out wealth from its citizens.  In fact, a Supreme Court ruling in the 1960's specifically labeled the program a benefit rather than insurance, and the government has no legal mandate to pay these benefits to individuals who contributed to the program.

Image result for social security is a ponzi scheme
Many people believe that Social Security is an “earned right.” That is, they think that because they have paid Social Security taxes, they are entitled to receive Social Security benefits. The government encourages that belief by referring to Social Security taxes as “contributions,” as in the Federal Insurance Contribution Act. However, in the 1960 case of Fleming v. Nestor, the U.S. Supreme Court ruled that workers have no legally binding contractual rights to their Social Security benefits, and that those benefits can be cut or even eliminated at any time. - Cato Institute
Over time the government has used Social Security as a political carrot, where in the attempt to get re-elected, politicians in 1956 expanded the program to include the disabled and began using monies set aside in the Trust Fund for retirees to pay for it.

Today Social Security is completely bankrupt and insolvent, and if anyone needs proof of this all they have to do is go back to the words of the Secretary of the Treasury Jack Lew who inferred that if Congress didn't pass a new budget and halt a potential government shutdown, then the ability to pay Social Security recipients would be at risk (despite the fact they were still collecting FICA taxes).

Now in 2017, and in a desperate attempt to keep their ponzi scheme going a few more years, Congress is increasing the income level that is taxed by FICA from $118,500 to $127,200.  However, this increase will do little to help the program since the total amount of revenues received from this increase will be minimal.  But what it does is provide the public the illusion that the government is going after the 'rich' to make them pay more, or at least their 'fair share'.

FICA

Prior to the advent of Social Security, people were expected to provide for their own retirements and did so through frugality, sound investment, and reliance upon a currency that would not be devalued much over their lifetimes.  But since none of these things are a part of the American culture today, hundreds of millions of people who barely have $1000 in savings to their name will find it impossible to survive when Social Security finally fails, and all that money they put into the scheme will be for not.

Sunday, January 8, 2017

Wikileaks reveals that the U.S. created the gold futures market to control the gold price and dissuade people from owning gold

Over the past few months we have seen the public dissemination by Deutsche Bank that they, along with several other bullion banks, purposely manipulated the gold and silver price through the selling of naked short contracts onto the futures markets.  But what many may not have heard is that following the U.S. taking the dollar off the gold standard back in 1971, the government then created the Gold Futures Market Exchange as a means to not only control the price of the metal, but to also dissuade individuals from buying and owning physical gold.

These futures markets are known in the U.S. and the UK as the Comex, and the LBMA.

Wikileaks recently published a communique they collected that shows a conversation between the U.S. government and Great Britain on the creation of a gold futures market, and the evidence that its intention from the beginning was to manipulate prices and behaviors to protect a dollar that was no longer backed by any tangible asset.

4. THE MAJOR IMPACT OF PRIVATE U.S. OWNERSHIP, ACCORDING 
LIMITED OFFICIAL USE 
LIMITED OFFICIAL USE 
PAGE 02 LONDON 16154 02 OF 02 102035Z 
TO THE DEALERS' EXPECTATIONS, WILL BE THE FORMATION OF A SIZABLE GOLD FUTURES MARKET. EACH OF THE DEALERS EXPRESS- ED THE BELIEF THAT THE FUTURES MARKET WOULD BE OF SIGNIFI- CANT PROPORTION AND PHYSICAL TRADING WOULD BE MINISCULE BY COMPARISON. ALSO EXPRESSED WAS THE EXPECTATION THAT LARGE VOLUME FUTURES DEALING WOULD CREATE A HIGHLY VOLATILE MAR- KET. IN TURN, THE VOLATILE PRICE MOVEMENTS WOULD DIMINISH THE INITIAL DEMAND FOR PHYSICAL HOLDING AND MOST LIKELY NEGATE LONG-TERM HOARDING BY U.S. CITIZENS. 
5. AS TO FUTURE DEMAND BY U.S. CITIZENS FOR GOLD, MOST DEALERS DID NOT FORESEE DEMAND FOR PHYSICAL HOLDING AS SIGNIFICANT, WITH THE EXCEPTION OF AN INITIAL SURGE DURING THE FIRST 2 TO 3 MONTHS OF THE YEAR FOLLOWING DEREGULATION THEY DID NOT FEEL THAT U.S. CITIZENS, ON THE WHOLE, WERE PSYCHOLOGICALLY PREPARED TO SWITCH FROM SMALL SCALE GOLD COIN PURCHASES TO LARGE SCALE, LONG-TERM BULLION HOARDING. SEVERAL EXPRESSED THE VIEW THAT THE DEMAND FOR COINS (AFTER THE INITIAL SURGE) WOULD MOST LIKELY BE SUCH THAT IT COULD BE MET FROM WITHIN SHOULD THE U.S. DECIDE TO MINT GOLD COINS FOR SUCH PURPOSES. SPIERS 
LIMITED OFFICIAL USE - Wikileaks

Saturday, January 7, 2017

War on cash in Greece, Australia, India, China, and Venezuela opening door for need to have gold and Bitcoin

2016 was the year where economic 'experts' dropped hints in newspaper op-ed's and university white papers on how governments needed to eliminate cash to sustain the debt bubbles central banks had created through their absurd monetary policies following the 2008 financial crisis.  And while many individuals pushed off the idea of banning physical cash as hyperbole and 'ivory tower' nonsense, by the end of the year at least three countries had begun testing this option, with two more implementing capital controls to achieve the same thing here in early 2017.

Image result for war on cash

In late November, India's Prime Minister Modi issued a sudden mandate where the largest two denominations of currency were being completely absolved, and that the people had until December 15 to turn in their bank notes for new script.  This led to an economic revolt where most people tried to exchange their money for gold or gold jewelry, shooting up the price in some cases to around $3600 per ounce.

This move in India was soon followed by the country of Venezuela, where President Maduro called for the elimination of the $100 Bolivar note to try to keep the Venezuelan people from using their near worthless money to buy food and other goods from neighboring Columbia.

Yet the questions one has to ask are, were these moves independent of one another, or were these nations being used as test cases to see how the public would react to restrictions on owning and using cash?

If we put these inquiries on the back shelf for the moment to look at two other nations instituting restrictions on cash through differing forms of capital controls, the most important focus should be on the reactions of the people to their governments restricting their ability to do as they please with their money, and in what assets they are moving into to escape those restrictions.

That answer of course is the movement of wealth into both gold and Bitcoin.

Image result for gold and bitcoin

In the case of India, people looked towards their long-standing tradition of physical gold, and helped created shortages as they lost nearly all confidence in their fiat money itself.  But over in China, where the government instituted capital controls restricting the offshoring of money in an attempt to counteract growing liquidity problems in their banking system, investors and individuals looked to Bitcoin as the quickest and most liquid way of transferring their Yuan into some other currency or asset outside their borders.

Heading into the second week of the new year, two additional countries are preparing to join in the war on cash and put their own peoples to the test on whether they will accept the elimination of cash, or if they will rebel en masse to this loss of economic freedom.  And for both Greeks and Australians, the coming days will see what their reactions will be and if they too will seek solace in alternative forms of money, or if they will simply accept the inevitable and quietly cede their personal sovereignty to function under a digital system run at the political whims of their governments.

Friday, January 6, 2017

Tonight we're gonna party like its 19,999

In several massive attempts on Jan. 6 to breach the uncharted 20,000 level on the Dow, inter-day trading came up the tiniest fraction short as the equity market touched 19,999.63, then sold off after eight solid attempts to breach the psychological barrier.


Many analysts had expected the Dow to have breached 20,000 before the start of 2017, but the 'Santa Claus Rally' never emerged and the market closed out the year at 19,762.

Image result for dow 20,000

With the combination of geo-political and economic events causing currencies, bonds, and even bank solvency to be in question here in the first week of the new year, it is difficult to predict exactly when the Dow may reach and break through the 20K barrier of resistance.  But whether we see that level broken early Monday morning, or on some random day in the coming week, the reality is that nearly all stocks are vastly overvalued, meaning when the correction comes it will be much greater in scope than the nearly 20% decline that took place this same time last year.

Thursday, January 5, 2017

Gold price starts off 2017 the same way it did in January of last year following Fed rate hike

When the Federal Reserve raised interest rates for the first time in a decade back in December of 2015, the price of gold fell for the remainder of the the month only to reverse and climb by nearly 20% in early 2016.


Fast forward to December of 2016 where the central bank once again mirrored their 2015 actions by raising interest rates by a quarter point, and as before the gold price stagnated for the last few weeks leading up to the end of the year.

After the first five days of 2017 we appear once again to be seeing a similar move in the precious metals that took place exactly one year ago.  And although it is far too early to predict whether the outcome in the gold markets will mirror that which took place in January and February of 2016, the signs are pretty good that support levels have been established and that we will see a higher move in the gold price thanks to the Fed, and uncertainty in the global financial markets.


India's new scheme of free money to all could be the carrot to coerce people to get into their banking system

Over the past month, India's Prime Minister has used the stick on his people in an attempt to force them to give up their cash and move all commerce into a systematic financial process that could be monitored and taxed by government authorities.  This of course led to a massive backlash as a society that for centuries has run primarily on cash, and where only 36% of the population even has a bank account, rushed instead to exchange their currency for gold rather than deposit their cash into the banks.

Now however, Prime Minister Modi appears to be switching his stick for the carrot and is using a different means to try to entice India's 1.4 billion people into the banking system by proposing a scheme of free money, or a Universal Basic Income, to get a large portion of the population reliant upon the government and more amenable to buying into their financial system.

Image result for free money universal basic income
The Indian government is likely to introduce Universal Basic Income, a practice of paying every person a fixed sum of money as a means to stimulate the economy and improve the quality of life of its citizens, according to the concept’s leading proponent. 
The Indian government is preparing a report documenting that a Universal Basic Income (UBI) is "feasible" and "basically the way forward," according to professor Guy Standing, a leading advocate for UBI, and the leader of the Basic Income Earth Network movement (BIEN). - Sputnik News
UBI schemes come with many pro's and con's, but most significantly the outcome of such programs depends upon the disposition of a people and culture.  For example, in Finland where they have just enacted a universal basic income system, the majority of recipients have surveyed that they still intend to work at the same time they receive the extra money, and this speaks highly to the diligence of the culture where a UBI scheme may work in the short run.  Yet on the other side, having a nation like France or even the United States where large portions of the population have lived off of welfare for generations, a promise of free money will not change the landscape of increasing the incentive to both work and receive extra income, but instead simply replace one form of welfare with another.

The ultimate goal of the Universal Basic Income system is to try to get everyone reliant upon the government, and their money stored in the banks where at a later time the ultimate agenda of a cashless society can be instituted.  But to do this it may take a financial crisis of epic proportion to achieve this, and that may be coming much sooner than people could imagine.

Wednesday, January 4, 2017

Bitcoin price could surpass gold in dollars by the end of the week

As the price of Bitcoin crushed through the $1100 resistance level with great gusto last evening, it appears to only be a matter of time before the crypto-currency reaches and surpasses its all-time high of $1165.

But perhaps what is even more astonishing is that Bitcoin is now only $20 from equaling the dollar price for gold, which currently stands at the same all-time high price that Bitcoin achieved back in 2013.
graph
Bitcoin prices are up $100 on the day, having already shot past the $1,100 mark. 
Markets have risen nearly 10% over the course of the day’s trading, according to data from the CoinDesk Bitcoin Price Index (BPI), which hit a high of $1,141 at time of writing before falling back. 
With the move, global exchange averages have inched closer to the BPI's all-time high of $1,165.89, set on 30th November, 2013, leaving them roughly $25 below that level. 
The digital currency's price appreciated sharply after crossing the $1,100 line, quickly spiking to a high of $1,129.28, before meeting some resistance. - Coindesk
This anomaly in price between gold and Bitcoin is centered around a two-fold dichotomy, where manipulation of one is much easier for the banks to accomplish since they can do so simply by dumping thousands of bogus paper contracts.  And at the other end of the spectrum is the ongoing global currency crisis that is occurring from Venezuela to China, making it much easier for individuals and investors to move their money around using Bitcoin rather than through purchasing gold or silver and trying to utilize them as a medium of exchange.

While there may some short-term resistance for Bitcoin to reach and surpass its all-time high price of $1165, the chances are very good we could see this happen before the market close on Friday in Asia.  But either way, with Bitcoin, gold, or silver, all three have quickly become the money of choice for people seeking to protect themselves from the cash bans, capital controls, and overall destruction of the sovereign money they primarily use.

Tuesday, January 3, 2017

Silver price could recover faster than gold in 2017 as metal producers prepare to enter class action lawsuit against the banks

In the wake of the Deutsche Bank revelations that the bullion banks had been colluding to rig the gold and silver markets for at least the past decade, a group of metal producers, particularly those in the silver industry, are preparing to join a massive class action lawsuit against these banks for earnings and profits lost due to the manipulation of the metal's price.

Keith Neumeyer, who is the CEO of the world's largest silver producer, spoke in an interview on Jan. 3 where he stated that he is currently talking with the heads of several mining companies that may ban together at some point in the future to jump in on an ongoing class action lawsuit that is expected to incur damages well into the tens of billions of dollars. 
Now that the cat is out of the bag and Deutsche Bank has agreed to turn over documents implicating other banks in related schemes, major mining companies are preparing lawsuits of their own. Straight-shooting First Majestic Silver CEO Keith Neumeyer, who in 2015 was the first mining company head to issue a public statement on the manipulation of precious metals prices by a small concentration of players, has said that the company’s legal team is closely monitoring the situation
Citing loss of revenue, jobs and shareholder value Neumeyer said in an interview with SGT Report that his company will likely be preparing legal action against the bullion banks involved in the rigging of prices. - SHTF Plan
In addition to this, and on a separate note of interest, many precious metal analysts have been citing the greater potential for silver to rise in value much faster than gold in the future, especially as governments begin to crack down on gold ownership in the wake of collapsing currencies and monetary policies.  And with the expectation of silver being the catalyst for new technologies expected to arrive over the next five to ten years, once silver completely breaks away from its manipulation, the rebound back to a historic 15:1 or 10:1 ratio to gold will make it potentially one of the best investments of all time.

Monday, January 2, 2017

China progressing into 2017 to dominate the Bitcoin and gold markets

On Jan. 2, Bitcoin crossed over $1000 as the Chinese continue to rush into the crypto-currency as a means of bypassing capital controls on currency leaving the country.  And in an interesting and growing trend emerging from the second largest economy in the world, a new web bot forecast has the Chinese government actually capitulating to the power of Bitcoin and promoting its use within their borders, and along the newly emerging Silk Road.

Cliff High (Web bots): The new prediction sets we have are showing us swapping over to RMB as China takes over the emotional control if you will of the Bitcoin world, and alot of their rushing into that is fear of the currencies. 
Greg Hunter (USA Watchdog): They are fearful of the U.S. dollar? 
CH: Nope, the Chinese people... the China Pop (population)... and the China Pop is going to get really freaked out about the value of their own currency, and there is going to be more of a tendency and a rush into Bitcoin. 
Now at some point this year, China's official authorities are going to just give into that, and there's going to be a change to their official approach to this whole thing. 
GH: And they're going to say go ahead and use Bitcoin. 
CH: Boy if you read out report you are going to be staggerd... it's going to be more than that.  China is going to rush out, because of the way they do things... the Chinese authorities know their existence, their very lives depend on the health, wealth, and happiness of the people below them, and so someone is going to come up with an idea to extend digital currency... Bitcoin, and we have the language there, even to people who trade goats now. 
And the idea is, China, along with their Silk Road train from Beijing to Berlin, is going to extend out fiber optics and bring in over a billion people into the internet in the shortest possible time.  And at the same time they're going to spread out the Bitcoin ethos through there. - USA Watchdog
In addition to Bitcoin expansion within their borders and all along the Silk Road, China is progressing rapidly towards becoming the world's largest gold market, that will now include jewelry in their platform.

Status as one of the world’s biggest bullion importers, participation in the gold fix at the London exchange and a plan to establish a jewelry gold investment center in Shanghai has turned China into one of the leading players in the global gold market in 2016. - Sputnik News
As currencies and bonds around the world teeter on the precipice of another crash or outright collapse, the future of finance is rushing away from these fiat forms of currency and returning to an era of sound money.  And with supplies of gold and silver being quickly gobbled up by consumers all throughout the Far East, the trends are signalling very strongly that right now is beyond the time in which individuals can get their metals and Bitcoin to be prepared for the coming paradigm shift.

Sunday, January 1, 2017

India's next step in war on cash is confiscation of physical assets like gold, silver, and real estate

In December India's Prime Minister implemented a new program to both eliminate high currency denominations, and to go after consumers who use cash outside their banking system.  This of course led to financial turmoil in a nation that conducts 98% of of its transactions in cash, and where less than 36% of the population has a bank account.

In response to the banning of certain denominations of currency, many Indians rushed into exchanging their cash for physical assets such as gold, jewelry, and even silver, and according to India's Finance Minister on Dec. 30, this is the next thing the government will go after now that physical Rupees have been limited in their economy.

As the government takes stock of the black money post demonetisation, its mulling the next step now. The focus is set to be on tracking down 'black wealth' or the illegal money pumped in real estate, gold and silver. 
Minister of State for Finance Santosh Gangwar while speaking to India Today disclosed that noose will tighten around tax evasion routes in physical assets. 
"We are doing crackdown on banks as we are getting information. Black money has a face, people can pump it in real estate, buy gold or silver. We will be stopping it," Gangwar said. 
Already, the government has amended the benami property act to detect the money laundering the real estate. Benami Transaction (Prohitibion) Amendment Act 2016 that came into effect on November 1. It aims at checking illegal money parked by tax evaders in property that is registered under multiple owners. 
"When PM was campaigning for Lok Sabha he had black money on the agenda, that's what he has delivered now and we will take it further," the minister added. 
Currently PAN card is required for selling gold, silver and jewellery over Rs 2 lakh. Since demonetisation, I-T sleuths have been keeping a hawk eye vigil at jewellers and bullion traders to track fake 'gold sale' for routing denotified currency. - India Today
The Indian government labels 'black wealth' as any asset or transaction that is done outside the banking system, and outside the government's ability to track and tax the exchange.

India won't be the only country in the coming days to usher in severe capital controls that restrict the ownership of cash and gold, or allow individuals to transact outside the nation's financial system, as just last week the EU began construction of new restrictions regarding the purchase of assets like gold from outside the Eurozone.

As the world rushes headlong into new currency, debt, and insolvency crises, governments will continue to crack down on the people's ability to choose whether they want to function in their collapsing systems.  And with so many options available now such as Bitcoin, Paypal, Goldmoney, Karatbars, etc... to both store your wealth and transact outside of banks, the coming year may see an even greater acceleration of capital controls by government's as they strive to protect their own dying platforms at the expense of the people and their money.