Saturday, August 31, 2013

Abby Martin - Obama's Syrian War

The brilliant Abby and Robbie Martin of Media Roots discuss how a new war against Syria seems all but inevitable.

They talk about the eerily similar establishment rhetoric between the Iraq war buildup and today’s Syria war mongering – specifically the potential unilateral US military action in defiance of the UN, the ‘humanitarian’ justification and the scare tactics of ‘chemical weapons’. A recent speech by Secretary of State, John Kerry, marked a distinct turning point in the ferocity of the Syria rhetoric, which is dissected by Robbie and Abby in its entirety.

For more information please go to www.mediaroots.org

 

Bix Weir Interviewed

From FinanceAndLiberty


Obama in Panic Mode After FSA Chemical Attack Admission

From TheAlexJonesChannel

Published on Aug 30, 2013

Respected 20 year Middle Eastern reporter and Associated Press, BBC and NPR correspondent Dale Gavrak was told by Syrian rebels that they were responsible for last week's chemical weapons incident in Ghouta.

Will the mainstream media ignore a story that could derail the march to war?

George Galloway's impassioned speech against bombing Syria

Possibly the greatest speech in the House of Commons since WWII.


Syrian Update

From RT



Friday, August 30, 2013

Weekend Chillout - Fortunate Son

Nothing seems to have changed in the last 45 years, when it comes to the US and War.



Keiser Report: Sinkhole of Stupid

From RT

Published on Aug 29, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the sinkholes of stupid causing collapse wherever they occur and, how in Texas, they are totally fracked as the sinkhole of stupid has caused water shortagesl. In the second half, Max talks to Chris Martenson about the four signs of dangerous bubble territory, the markets oblivious to the costs of Fukushima meltdown and the bad economics of fracking.



War Imminent? US ready to decide on Syria strike 'on its own'

From RT 

UK Parliament votes against immediate military intervention in Syria


Although.....


From Euronews

Thursday, August 29, 2013

Anatomy of a Hack: How the NY Times Was Hit

Aug. 28 (Bloomberg) -- Mark Risher, CEO at Impermium, breaks down the hacking attack on the New York Times and the potential cybersecurity loopholes of new wearable technologies. He speaks on Bloomberg Television's "Bloomberg West.

The Four $1.8 Billion Destroyers Circling Syria

Aug. 28 (Bloomberg) -- As the United States weighs its options on Syria, eyes are turning to the 4 U.S. destroyers sailing just off the coast in the Mediterranean sea.

Gerald Celente on Trunews

From Gerald Celente

Published on Aug 28, 2013
Gerald Celente discusses Syria and the next chapter of America's perpetual war, the globalization of the gold market, and the turmoil spreading throughout the global economy. TrendsJournal.com

As the Indian Rupee continues to Crash Gold in INR heads Higher

From Zerohedge.com

As Grant Williams shows in his latest "Things That Make You Go Hmm", the warnings came loud and clear, and were very explicit in the form of not one, not two, not ten, but many more sequentially imposed and escalating forms of capital controls by the Indian central bank that sought to prevent the conversion of paper into hard currency. Gold. (Which also overnight hit a record high in rupee terms).

Following are the measures taken by the central bank and the government in 2013:
  • Jan 21 - The government raises the gold import duty by 2% to 6%.
  • Jan 22 - The government more than doubles the duty on raw gold to 5%.
  • Jan 30 - Finance Minister P. Chidambaram says there are no plans for additional taxes or curbs on gold imports.
  • Feb 1 - The Reserve Bank of India (RBI) plans to introduce three or four gold-linked products in the next few months.
  • Feb 6 - The RBI says it would consider imposing value and quantity restrictions on gold imports by banks.
  • Feb 14 - The central bank relaxes rules on gold deposit schemes offered by banks by allowing lenders to offer the products with shorter maturities.
  • Feb 20 - The Trade Ministry recommends suspending cheaper gold jewellery imports from Thailand.
  • Feb 28 - India keeps its gold import duty unchanged in its annual national budget, defying industry expectations.
  • Feb 28 - India proposes a transaction tax of 0.01% on nonagricultural futures contracts, including for precious metals.
  • March 1 - The Finance Minister appeals to people not to buy so much gold.
  • March 18 - The Reserve Bank of India says it is examining banks that sell gold coins and wealth management products to identify "systemic issues", with a view to closing any legal loopholes.
  • April 2 - The Finance Ministry suggests it is unlikely to raise the import tax on gold further to avoid smuggling and would instead introduce inflation-indexed instruments.
  • May 3 - The RBI restricts the import of gold on a consignment basis by banks.
  • June 3 - The Finance Minister says India cannot afford high levels of gold imports and may review its import policy.
  • June 5 - India hikes the gold import duty by a third, to 8%.
  • June 21 - Reliance Capital halts gold sales and investments in its gold-backed funds.
  • June 24 - India's biggest jewellers' association asks members to stop selling gold bars and coins, about 35% of their business.
  • July 10 - India's jewellers announce they might continue a voluntary ban on sales of gold coins and bars for six months.
  • July 22 - The RBI moves to tighten gold imports again, making them dependent on export volumes, but offers relief to domestic sellers by lifting restrictions on credit deals.
  • July 31 - India hopes to contain gold imports well below the 845 tonnes that were shipped last year, the Finance Minister says.
  • Aug 13 - India hikes the import duty on gold for a third time in 2013, to 10%. Duties for silver and platinum are also increased to 10%. The customs duty on gold ore bars, ore, and concentrate are increased to 8% from 6%.
  • Aug 14 - India turns the screws on gold buying again, banning imports of coins and medallions and making domestic buyers pay cash.

Man on! - Obama concludes that Assad carried out chemical attack


Nigel Farage - There's no public support for a Syrian War

From ukipwebmaster


Is Syria Really Causing Gold's Rally?

From Kitco NEWS

Australian Election: A Game of Polls

The world's greatest news show is back and tackles the intricacies of the Australian election campaign.

From thejuicemedia

Published on Aug 25, 2013

Rap News season finale: Episode 20 - A Game Of Polls

A messenger raven has arrived in the Juice Media studio bearing tidings from the land of Australios: Elections are Coming. The perpetually warring factions and severely inbred families from across the Australian political sphere are squaring up in a more than usually bloody campaign. It's Right versus slightly more Right in the election to end all elections for a few years. Join Robert Foster as he meets the bloodthirsty players in this violent saga. Who will slay whom? Who will prevail and claim the Irony Throne in Canberra? Who is that mysterious platinum-haired challenger in exile overseas? All these questions and more will be ignored in this celebratory 20th episode of Rap News.

Written & created by Giordano Nanni & Hugo Farrant in a suburban backyard home-studio in Melbourne, Australia - on Wurundjeri Land.





John Embry with the Latest on Gold

From McalvanyFinancial


Jim Rogers - Prepare for market panic

From Reuters - Video link

Aug. 28 - Potential conflict in Syria and the scaling back of Fed stimulus point to a full-scale market ''mess,'' says investor Jim Rogers, with the countries running trade deficits likely to be hardest hit.

Wednesday, August 28, 2013

Who says you can't eat gold?

Lindt Opera - Dark chocolate ganache, coffee butter cream and coffee soaked almond sponge, topped with gold leaf.

As seen in the Lindt Cafe, Sydney today.

Keiser Report: The Killing of Tony Blair

From RT

Published on Aug 28, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the U.S. regulator's case against JP Morgan for violations of the Foreign Corrupt Practices Act, known in polite circles as 'client hires.' In the second half, Max talks to George Galloway, a Member of Parliament, about the film, The Killing of Tony Blair, that he is crowdfunding on Kickstarter. The film explores the financial killing the former prime minister has made on the mass killings in the various wars he started across the Middle East.



CrossTalk: Destroying Syria

From RT

Published on Aug 28, 2013

What would be the implications be of Western intervention in Syria? What is the way to end the Syrian stalemate? And are Western policies toward Syria and Iraq that much different? CrossTalking with Yazan Abdallah, Michael Shank and Ed Krayewski.



The Economic Winter is Here with Peter Baxter

From theprimeinterest

Published on Aug 27, 2013

Kondratieff Wave theory details how capitalist economies experience a recurring cycle. It's a boom and bust of around 60 years that coincides with a peak in credit. The cycle consists of four distinct phases based on mood changes. The tone determines the actions of individuals involved in the economy. The cycle duration of the so-called K-Wave is also similar to the human lifespan. So, when each economic "winter" rolls around, the problem is cultural memory loss. Bob talks to Peter Baxter, author of kondratieffwinter.com, about deflation in the winter cycle.


Lehrman on 'Money, Gold and History'


When the US Starts Firing Silver Against Syria this is the form it take

I am sure the Syrians killed with "pin point accuracy" will be glad to know they weren't collateral damage. The following weapon systems all use silver in their wiring, contacts and in the case of the tomahawk cruise missile in its batteries - hey if they cost $1.4 million each why not have the best?

Aug. 27 (Bloomberg) -- Bloomberg contributor Richard Falkenrath identifies the four missile weapons systems most likely to be used in the event of an American intervention in the Syrian conflict. (Video from Department of Defense)


Gold Price in Indian Rupees Turns Positive for 2013

As predicted on this blog a mere 8 days ago the gold price in Indian Rupees has just turned positive for 2013 and in a big way. Here is what I wrote on the 20th Aug. "the INR price for gold is only down 4.7% YTD. Give it a week or two of rising gold prices and falling Rupee the gold price in INR will turn positive for the year."

From The Times of India

Article link

MUMBAI: The rupee plunged to a new record low of 68.75 per dollar in the late morning trade on Wednesday on persistent dollar demand from banks and importers due to further fall in equity market amid rise in crude oil prices.

The rupee resumed lower at 66.90 per dollar as against the last closing level of 66.24 per dollar at the Interbank Foreign Exchange (Forex) Market and dropped further to an all-time low of 68.75 per dollar at 10.45am.

Persistent capital outflows by foreign funds also affected the rupee value against the dollar, a forex dealer said. Foreign Institutional Investors (FIIs) sold shares worth a net Rs 1,373.99 crore on Tuesday as per the provisional data from stock exchanges.

 

Gold Hits $1600 Aussie Dollars

Gold has continued to grind higher today in Asian hours trade with the spot price briefly touching $1600/oz in Australian Dollars.


A Gold and Silver Refinery in Action

From MKSCapitalAus

MMTC-PAMP Pvt Ltd is a state-of-the-art Precious Metals Refinery based in Haryana, India, approximately 2 hours drive from Delhi.

The Refinery was Incorporated in January 2008 and is a joint venture between the MKS Group and MMTC Limited, a Indian Government Enterprise.

The MKS Group is an international precious metals organisation and provides a fully integrated range of trading, financial and refining/fabrication services to the corporate international precious metal community. This commitment is carried out by over 500 employees worldwide working out of 15 offices across five continents.

The MKS Group also owns and operates a refinery in Switzerland, PAMP SA. PAMP is one of the largest refiners and manufacturers of precious metal products in the world. The refinery is based in Castel San Pietro, Switzerland and processes Gold and Silver as well as Platinum Group Metals (PGM's).

MMTC-PAMP was built under the direct technical supervision of PAMP SA, and continues to operate in close alliance with it's Swiss based sister refinery.

Websites for reference (www.mks.ch, www.pamp.ch, www.mmtclimited.com)

The Lycurgus Cup

From forbes.com

Article link

Recently, there have been two recent engineering discoveries from Ancient Rome that have the potential to shake up some major areas of industry – discoveries that show we still have a lot to learn from our ancestors.

The first finding is rather astonishing. As noted earlier this month by Zeeya Merali, a 1,600 year old chalice known as the Lycurgus Cup have proved to be more than just a stunning work of art. It’s also an example of one of the earliest forms of nanotechnology.

The cup, as Merali notes, was actually a mystery for centuries. That’s because it appears green when lit from one angle, but red when lit from a different angle. It wasn’t until the 1990s, after decades of study in the 20th century, that it was determined how it was created. As it turns out, the glass itself was infused with particles of silver and gold that were only about 50 nanometers in diameter. The particular ratio of the mixture was definitely known, as other similar cups have been discovered.

Read in full

Pentagon chief says US ready to strike Syria any moment

From RTAmerica


Gold Investment Symposium, Sydney October 16/17 2013

The 6th Annual Gold Investment Symposium, 16-17 October 2013


With volatility continuing to plague the world’s financial markets, the Gold Investment Symposium is being held in Sydney to help investors protect and grow their wealth.

Now in it's 6th year, no other event in Australia attracts the high-calibre speakers, investors and companies that attend the symposium.

Investors are flooded with up to the minute news reports leading to confusion about the state of the global market. With the US Federal Reserve sending out mixed messages regarding the end of their stimulus campaign, reports China’s economy is slowing, and experts debating the health of the Australian currency, investors are looking for opportunities amidst all the confusion.

This year, bullion experts, miners, investors, brokers and advisers have already started registering for the event. Not only do they attend to gain a greater insight into the current market and its potential opportunities, but also to meet with these experts, and network with industry leaders and other like-minded people. 

An outstanding line-up of International and local keynote speakers has already been confirmed for the program, with more to be announced shortly. Be sure to check back for the latest updates as well as watching video interviews with the speakers, and accompanying articles and blogs.

Also, back due to popular demand is a panel discussion with experts from a range of different sectors debating where to now for investors.

General Wesley Clark: Wars Were Planned - Seven Countries In Five Years

Things seems to be going to plan if maybe not in the order envisaged.


Tuesday, August 27, 2013

Jim Rogers: Financial Calamity - It's Coming, Be Worried, Be Careful

From Greg Hunter

SGT Report interviews Greg Hunter

From SGTbull07

Ronald Stoeferle will be in Sydney - 12 September 2013

If you are are going to be in Sydney on 12 September I highly recommend coming along to the ABC Bullion seminar and listening to Ronald Storeferle (formerly an analyst for Erste Bank) and author of the yearly "In Gold We Trust" report.

For bookings go here

As a special treat to readers of this blog I am giving away one double ticket to this seminar (valued at $40) to the best original comment on precious metals in general, or one in particular to my twitter account: @MoonSunTruth  
Entries close 9am Friday 6th September


Bio of Ronald-Peter Stöferle

Managing Partner & Investment Manager

Ronald, born 1980 in Vienna, Austria, is a Chartered Market Technician (CMT) and a Certified Financial Technician (CFTe). During his studies in business administration and finance at the Vienna University of Economics and the University of Illinois at Urbana-Champaign, he worked for Raiffeisen Zentralbank (RZB) in the field of Fixed Income/Credit Investments. After graduation, he participated in various courses in Austrian Economics.

In 2006, he joined Vienna-based Erste Group Bank, covering International Equities, especially Asia. In 2006, he also began writing reports on gold. His six benchmark reports called ‘In GOLD we TRUST’ drew international coverage on CNBC, Bloomberg, the Wall Street Journal and the Financial Times. He was awarded 2nd most accurate gold analyst by Bloomberg in 2011. In 2009, he began writing reports on crude oil. Ronald managed 2 gold-mining baskets as well as 1 silver-mining basket for Erste Group, which outperformed their benchmarks from their inception.

Ronald interviewed by Alasdair Macleod on his recent In Gold We Trust report:


Ronald announcing he will be coming to Sydney for the ABC Bullion Seminar:


India’s Richest Man Loses Billions as Rupee Falls

Perhaps he should have insured his portfolio with gold.

Aug. 23 (Bloomberg) –- Bloomberg’s Angie Lau reports on Mukesh Ambani, India’s richest man, who lost 24% of his personal fortune. She speaks on Bloomberg Television’s “First Up.”


Paul Craig Roberts - Syria: Another Western War Crime In The Making

By Paul Craig Roberts

Article link

Update:

The war criminals in Washington and other Western capitals are determined to maintain their lie that the Syrian government used chemical weapons. Having failed in efforts to intimidate the UN chemical inspectors in Syria, Washington has demanded that UN Secretary General Ban Ki-moon withdraw the chemical weapons inspectors before they can assess the evidence and make their report. The UN Secretary General stood up to the Washington war criminals and rejected their demand. However, as with Iraq, Washington’s decision to commit aggression against Syria is not based on any facts. http://rt.com/op-edge/syria-un-war-investigation-006/

The US and UK governments have revealed none of the “conclusive evidence” they claim to have that the Syrian government used chemical weapons. Listening to their voices, observing their body language, and looking into their eyes, it is completely obvious that John Kerry and his British and German puppets are lying through their teeth. This is a far more shameful situation than the massive lies that former Secretary of State Colin Powell told the UN about Iraqi weapons of mass destruction. Colin Powell claims that he was deceived by the White House and did not know that he was lying. Kerry and the British, French, and German puppets know full well that they are lying.

The face that the West presents to the world is the brazen face of a liar.


Washington and its British and French puppet governments are poised to yet again reveal their criminality. The image of the West as War Criminal is not a propaganda image created by the West’s enemies, but the portrait that the West has painted of itself.

The UK Independent reports that over this past week-end Obama, Cameron, and Hollande agreed to launch cruise missile attacks against the Syrian government within two weeks despite the lack of any authorization from the UN and despite the absence of any evidence in behalf of Washington’s claim that the Syrian government has used chemical weapons against the Washington-backed “rebels”, largely US supported external forces, seeking to overthrow the Syrian government.

Indeed, one reason for the rush to war is to prevent the UN inspection that Washington knows would disprove its claim and possibly implicate Washington in the false flag attack by the “rebels,” who assembled a large number of children into one area to be chemically murdered with the blame pinned by Washington on the Syrian government.

Another reason for the rush to war is that Cameron, the UK prime minister, wants to get the war going before the British parliament can block him for providing cover for Obama’s war crimes the way that Tony Blair provided cover for George W. Bush, for which Blair was duly rewarded. What does Cameron care about Syrian lives when he can leave office into the waiting arms of a $50 million fortune.
http://www.independent.co.uk/news/world/middle-east/syria-un-weapons-inspectors-attacked-as-they-try-to-enter-poison-gas-attack-site-8784435.html

The Syrian government, knowing that it is not responsible for the chemical weapons incident, has agreed for the UN to send in chemical inspectors to determine the substance used and the method of delivery. However, Washington has declared that it is “too late” for UN inspectors and that Washington accepts the self-serving claim of the al Qaeda affiliated “rebels” that the Syrian government attacked civilians with chemical weapons. http://news.antiwar.com/2013/08/25/obama-administration-accepts-rebels-account-on-syria-prepares-for-war/ See also http://news.antiwar.com/2013/08/25/syria-accepts-un-inspectors-us-spurns-call-as-too-late/


In an attempt to prevent the UN chemical inspectors who arrived on the scene from doing their work, the inspectors were fired upon by snipers in “rebel” held territory and forced off site, although a later report from RT says the inspectors have returned to the site to conduct their inspection. http://rt.com/news/un-chemical-oservers-shot-000/


The corrupt British government has declared that Syria can be attacked without UN authorization, just as Serbia and Libya were militarily attacked without UN authorization. In other words, the Western democracies have already established precedents for violating international law. “International law? We don’t need no stinking international law!” The West knows only one rule: Might is Right. As long as the West has the Might, the West has the Right.

In a response to the news report that the US, UK, and France are preparing to attack Syria, the Russian Foreign Minister, Lavrov, said that such unilateral action is a “severe violation of international law,” and that the violation was not only a legal one but also an ethical and moral violation. Lavrov referred to the lies and deception used by the West to justify its grave violations of international law in military attacks on Serbia, Iraq, and Libya and how the US government used preemptive moves to undermine every hope for peaceful settlements in Iraq, Libya, and Syria.

Once again Washington has preempted any hope of peaceful settlement. By announcing the forthcoming attack, the US destroyed any incentive for the “rebels” to participate in the peace talks with the Syrian government. On the verge of these talks taking place, the “rebels” now have no incentive to participate as the West’s military is coming to their aid.

In his press conference Lavrov spoke of how the ruling parties in the US, UK, and France stir up emotions among poorly informed people that, once aroused, have to be satisfied by war. This, of course, is the way the US manipulated the public in order to attack Afghanistan and Iraq. But the American public is tired of the wars, the goal of which is never made clear, and has grown suspicious of the government’s justifications for more wars.

A Reuters/Ipsos poll finds that “Americans strongly oppose U.S. intervention in Syria’s civil war and believe Washington should stay out of the conflict even if reports that Syria’s government used deadly chemicals to attack civilians are confirmed.” http://news.yahoo.com/syria-war-escalates-americans-cool-u-intervention-reuters-003146054.html However, Obama could not care less that only 9 percent of the public supports his warmongering. As former president Jimmy Carter recently stated, “America has no functioning democracy.” http://rt.com/usa/carter-comment-nsa-snowden-261/ It has a police state in which the executive branch has placed itself above all law and the Constitution.

This police state is now going to commit yet another Nazi-style war crime of unprovoked aggression. At Nuremberg the Nazis were sentenced to death for precisely the identical actions being committed by Obama, Cameron, and Hollande. The West is banking on might, not right, to keep it out of the criminal dock.

The US, UK, and French governments have not explained why it matters whether people in the wars initiated by the West are killed by explosives made of depleted uranium or with chemical agents or any other weapon. It was obvious from the beginning that Obama was setting up the Syrian government for attack. Obama demonized chemical weapons–but not nuclear “bunker busters” that the US might use on Iran. Then Obama drew a red line, saying that the use of chemical weapons by the Syrians was such a great crime that the West would be obliged to attack Syria. Washington’s UK puppets, William Hague and Cameron, have just repeated this nonsensical claim. http://rt.com/news/uk-response-without-un-backing-979/ The final step in the frame-up was to orchestrate a chemical incident and blame the Syrian government.

What is the West’s real agenda? This is the unasked and unanswered question. Clearly, the US, UK, and French governments, which have displayed continuously their support for dictatorial regimes that serve their purposes, are not the least disturbed by dictatorships. They brand Assad a dictator as a means of demonizing him for the ill-informed Western masses. But Washington, UK, and France support any number of dictatorial regimes, such as the ones in Bahrain, Saudi Arabia, and now the military dictatorship in Egypt that is ruthlessly killing Egyptians without any Western government speaking of invading Egypt for “killing its own people.”

Clearly also, the forthcoming Western attack on Syria has nothing whatsoever to do with bringing “freedom and democracy” to Syria any more than freedom and democracy were reasons for the attacks on Iraq and Libya, neither of which gained any “freedom and democracy.”

The Western attack on Syria is unrelated to human rights, justice or any of the high sounding causes with which the West cloaks its criminality.

The Western media, and least of all the American presstitutes, never ask Obama, Cameron, or Hollande what the real agenda is. It is difficult to believe than any reporter is sufficiently stupid or gullible to believe that the agenda is bringing “freedom and democracy” to Syria or punishing Assad for allegedly using chemical weapons against murderous thugs trying to overthrow the Syrian government.

Of course, the question wouldn’t be answered if asked. But the act of asking it would help make the public aware that more is afoot than meets the eye. Originally, the excuse for Washington’s wars was to keep Americans safe from terrorists. Now Washington is endeavoring to turn Syria over to jihad terrorists by helping them to overthrow the secular, non-terrorist Assad government. What is the agenda behind Washington’s support of terrorism?

Perhaps the purpose of the wars is to radicalize Muslims and, thereby, destabilize Russia and even China. Russia has large populations of Muslims and is bordered by Muslim countries. Even China has some Muslim population. As radicalization spreads strife into the only two countries capable of being an obstacle to Washington’s world hegemony, Western media propaganda and the large number of US financed NGOs, posing as “human rights” organizations, can be counted on by Washington to demonize the Russian and Chinese governments for harsh measures against “rebels.”

Another advantage of the radicalization of Muslims is that it leaves former Muslim countries in long-term turmoil or civil wars, as is currently the case in Iraq and Libya, thus removing any organized state power from obstructing Israeli purposes.

Secretary of State John Kerry is working the phones using bribes and threats to build acceptance, if not support, for Washington’s war crime-in-the-making against Syria.

Washington is driving the world closer to nuclear war than it ever was even in the most dangerous periods of the Cold War. When Washington finishes with Syria, the next target is Iran. Russia and China will no longer be able to fool themselves that there is any system of international law or restraint on Western criminality. Western aggression is already forcing both countries to develop their strategic nuclear forces and to curtail the Western-financed NGOs that pose as “human rights organizations,” but in reality comprise a fifth column that Washington can use to destroy the legitimacy of the Russian and Chinese governments.

Russia and China have been extremely careless in their dealings with the United States. Essentially, the Russian political opposition is financed by Washington. Even the Chinese government is being undermined. When a US corporation opens a company in China, it creates a Chinese board on which are put relatives of the local political authorities. These boards create a conduit for payments that influence the decisions and loyalties of local and regional party members. The US has penetrated Chinese universities and intellectual attitudes. The Rockefeller University is active in China as is Rockefeller philanthropy. Dissenting voices are being created that are arrayed against the Chinese government. Demands for “liberalization” can resurrect regional and ethnic differences and undermine the cohesiveness of the national government.

Once Russia and China realize that they are riven with American fifth columns, isolated diplomatically, and outgunned militarily, nuclear weapons become the only guarantor of their sovereignty. This suggests that nuclear war is likely to terminate humanity well before humanity succumbs to global warming or rising national debts.

Why You Should Care About the Indonesian Market Crash

Broadcast 20 Aug 2013

Click on Lauren above to access the video or here

US President & Australian PM discuss responses to Syria's use of chemical weapons


Syria chemical attack facts tough to trace amid US & UK war hardline

From RussiaToday

John Kerry on Syrian Chemical Weapons use

It appears the US wants to bomb Syrians regardless of who committed this chemical attack. 

“War is peace.
Freedom is slavery.
Ignorance is strength.”

George Orwell, 1984

Monday, August 26, 2013

Asian Nations using FX Reserves to prevent Currencies Crashing

Aug. 26 (Bloomberg) -- Sean Callow, a Sydney-based senior currency strategist at Westpac Banking Corp., talks about the region's currencies and his investment strategy. Callow speaks with Zeb Eckert on Bloomberg Television's "First Up."

South African Gold Miners Threaten Strike

From businessweek.com

Article link

Two of four South African unions representing labor at wage talks with gold producers are holding out for a revised offer by the companies before deciding on whether to declare a strike.

The NUM has asked for a 60 percent increase in wages for entry-level jobs. South Africa’s annual inflation rate was 6.3 percent in July. Strikes could cost the gold industry 349 million rand ($34 million) a day in revenue, according to the chamber.

Read in full

Secret NSA docs show wiretapping of UN

From RussiaToday

Eric Sprott - "We are in a Silver Bull Market"

Eric Sprott discusses the recent move in the metal and mining shares prices as well as the decaying US economy. Listen the KWN interview here

Robert Mugabe makes Platinum Investors Smile

Robert is at it again, making Platinum investors smile, whilst destroying the last vestiges of his country's economy.

From theguardian.com

Article link

Zimbabwe's long-serving president Robert Mugabe has threatened to expel foreign-owned companies over what he said was the west's interference in the politics of the country he has led since 1980.

Mugabe said on Sunday he wanted no "ideas from London or Washington", speaking before supporters at the funeral of a military chief in Harare.

He warned the west that although his government had not "done anything to your companies, time will come when we will say tit for tat".

He said: "You hit me, I hit you. We have a country to run and we must be left free to run it."

Britain, the former colonial power, the European Union and the US have refused to endorse Mugabe's landslide victory in the 31 July elections, citing evidence of vote-rigging. The west maintain economic restrictions on Mugabe and leaders of his ruling party.

Mugabe insists his party won "a resounding mandate" in the last election and denies allegations of voting fraud.

Zimbabwe's state election panel said Mugabe won the elections with 61% of the presidential vote.

Mugabe, who was sworn in on Thursday for another five-year term at the age of 89, said "there will come a time when we lose our patience" with the west's pressure for democratic reforms.

"I want to assure you our attitude will not continue to be passive," Mugabe said Sunday. "We have had enough and enough is enough."

Since winning another term, Mugabe has vowed to push ahead with a black empowerment programme to force foreign and white-owned businesses to cede 51% ownership to black Zimbabweans. Some economists warn that the programme will trigger another economic downturn similar to that Zimbabwe suffered after Mugabe's government seized white-owned farms in 2000.

Read more

Sunday, August 25, 2013

GoldSeek Radio with Bill Murphy, John Embry, & Louis Navellier

From GoldSeek.com Radio


Keiser Report - Dutch Blues & Bubble Markets

From RussiaToday

Published on Aug 24, 2013

Max Keiser and Stacy Herbert discuss the Dutch blues and the pay per gaze advertising coming to a pair of glasses near you. Max proposes a scheme of mortgages collateralized by food stamps. In the second half, Max talks to Ann Pettifor of PrimeEconomics.org about the Alice in Wongaland economy in the United Kingdom where people borrow from payday lenders in order to live and, instead of lending to the economy, the economy is lending to banks. They also discuss interest rate apartheid, carry trades and public unrest.



Syrian army finds chemical agents as US navy expands presence in region

From RussiaToday

Friday, August 23, 2013

Weekend Chillout - Lost but now Found

With gold up 7% and silver up 20% over the last few weeks it seems the market has gone from being lost to found.


Keiser Report - NSA-spread Digital AIDS

From RussiaToday

Published on Aug 22, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the fact that banks are lobbying to force credit unions to become banks in order to destroy the Move Your Money competitive threat. They also discuss frontrunning the NSA and the digital AIDS they've spread. In the second half, Max talks to former government official, Catherine Austin Fitts of Solari.com about extricating yourself from the tapeworm economy.

Breaking the Set Season Two

From breakingtheset

The Resident - How Metadata is Mega-dangerous

From RTAmerica

Journalism is Like Porn, You Know It When You See It

From TheBigPictureRT

The Corbett Report

From corbettreport

NSA Blackmailing Obama?

Note this report was first broadcast on 9 Jul 2013

From breakingtheset

Gold In A Bullish Impulse Phase

From Kitco NEWS


The Prime Interest with Larry Williams and Benn Steil

From theprimeinterest


Wednesday, August 21, 2013

The International Monetary System

An excellent documentary on the modern money system, worth watching until the 39:30 mark.

Features two of my favourite public speakers Ron Paul and Sheikh Imran Hosein

Sheikh Imran Hosein
Sheikh Imran Hosein

Marc Faber on higher education & protecting yourself in the coming economic collapse

From theprospectgroup


'Snowden data destruction won't harm our reporting' - Guardian's Alan Rusbridger

From RussiaToday

Published on Aug 20, 2013

The British government's attempts to stem the tide of articles on mass surveillance have gone beyond intimidating the journalist behind the publications. Just a day after Glenn Greenwald's partner was detained at Heathrow airport, The Guardian's editor, Alan Rusbridger, came forward describing how the authorities pressured the newspaper to destroy documents provided by NSA leaker Edward Snowden. Mr. Rusbridger has explained why he gave in to pressure from government agents, and destroyed hard-drives carrying information obtained from Edward Snowden.

Prime Interest - Hedging Emerging Market Volatility with Mike Shedlock

From theprimeinterest

Keiser Report - US High Cathedral of Fraud

From RussiaToday

Published on Aug 20, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Mom and Pop investors taken out on a slab and their wealth burnt to a crisp by the high cathedral of fraud that is the New York Stock Exchange and its degenerate priests of high finance. Max proposes a scheme of mortgages collateralized by food stamps. In the second half, Max talks to Owen Jones, a columnist at the Independent and author of Chavs: The Demonization of the Working Class, about the prejudice of George Osborne's policies which takes nearly £12 billion from housing benefit for the poor and shifts it to property speculation schemes for the middle class.


"Planet Ponzi" by Mitch Feierstein

From wearechange


Ron Paul special guest in Conversations with Great Minds

From TheBigPictureRT

Stonewalled: 'UK closer to Police State after crackdown on Snowden files'

From RussiaToday

Published on Aug 20, 2013

The British government's attempts to stem the tide of articles on mass surveillance have gone beyond intimidating the journalist behind the publications. Just a day after Glenn Greenwald's partner was detained at Heathrow airport, The Guardian's editor came forward describing how the authorities pressured the newspaper to destroy documents provided by NSA leaker Edward Snowden. The UK government has reportedly confirmed the move was sanctioned by the Prime Minister himself.


Tuesday, August 20, 2013

Rupee Plunges to Record Low; Gold set to turn positive in INR

Is this the real reason the Indian government has increased the import duty for gold to 10% so as Indians cannot protect themselves against a Rupee in free fall?

Aug. 20 (Bloomberg) -- Bloomberg's Diana Monteiro reports the market turmoil in India as the rupee hits a record low, with predictions of it falling further. She reports on Bloomberg Television's "On The Move Asia."  



Notice that even though gold is down 18.5% in US$ terms YTD because of the plunging Rupee (compared to USD) the INR price for gold is only down 4.7% YTD. Give it a week or two of rising gold prices and falling Rupee the gold price in INR will turn positive for the year.

chart from goldprice.org

The Australian Election Campaign

From superbestfriendstv







Mike Maloney on the Fed's Gold Trap and the End of the Dollar

From theprimeinterest

Bitcoin vs Gold: Getting the Most Bang For Your Buck

From theprimeinterest

Glenn Greenwald's partner detained at UK airport

From RTAmerica

Published on Aug 19, 2013
Over the weekend, English authorities detained David Miranda for nine hours at London's Heathrow Airport. The 28-year-old Brazilian man is the partner of Guardian journalist Glenn Greenwald who was responsible for releasing Edward Snowden's NSA mass surveillance leaks. Many critics believe that UK authorities are simply retaliating against Greenwald's reports, and RT's Sam Sacks has more on the scandalous tactics.

Jerry Robinson - What is Money?

From FinanceAndLiberty

Monday, August 19, 2013

Jeff Christian turns positive on Gold Price

The perma-bear Jeff Christian thinks gold prices will increase throughout the remainder of August. Considering that he has been pouring cold water on the idea of a rising gold price is this Jeff's "back up the truck moment"?

Click on the image to access the video (warning you will have to sit thru two mediocre Canadian ads at the start)

Bloomberg - Gold Prices May Reach $1,450

Yes the summer doldrums are over now that Bloomberg is gushing over gold and discussing backwardation. 

Aug. 19 (Bloomberg) –- Bloomberg's Mia Saini discusses what's fueling the rally in gold with Susan Li on Bloomberg Television's "First Up."

GATA will be at the Gold Investment Symposium in Sydney on Oct. 16-17


From GATA.org
GATA will make its first foray to Australia as your secretary/treasurer speaks at the Gold Investment Symposium in Sydney on Wednesday and Thursday, October 16 and 17, joining, among others, gold advocates like John Butler of Atom Capital in London, Rick Rule of Sprott Global Resources Investments, Jeff Berwick of The Dollar Vigilante, and the leader of the gold cause in New Zealand, Louis Boulanger of LB Now Ltd. in Auckland.
The symposium also will be attended by hundreds of resource company executives, retail and institutional investors, fund and portfolio managers, market analysts, and brokers.
The symposium will be held at the conference center at Luna Park overlooking Sydney Harbor, and discounted accommodation is available to symposium participants adjacently at The Vibe hotel. 
The symposium's Internet site can tell you all about it and allow you to register for it:
http://gold.symposium.net.au/ 
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

World Gold Council - Gold Demand Trends Q2 2013

Latest report from the World Gold Council. Full report can be downloaded here 

Highlights from the report:
Global Gold Market: Second quarter 2013 review
  • Jewellery: Multi-year high in the jewellery sector as lower prices generated a surge in demand from consumers.
  • Investment: Record demand for gold bars and coins was countered by sizeable net outflows from ETFs, resulting in a year-on-year decline in overall investment demand relative to Q2 2012.
  • Technology: Technology sector saw marginal growth, the 1% year-on-year increase the first in two years.
  • Central Banks: Central banks demand slowed in Q2 2013 from record quarter in year previous, marking tenth consecutive quarter of purchases.
  • Supply: Total gold supply shrunk 6% from Q2 2012, almost solely due to the reduction in recycling
Gold demand statistics:
Latest statistics on gold’s global supply and demand. View Q2 2013 Gold statistics.
Published on Aug 14, 2013
David Lamb, Managing Director Jewellery, talks through the findings from the Q2 2013 Gold Demand Trends report.

Andy Hoffman - Demand for Gold and Silver will overwhelm the Manipulation

From FinanceAndLiberty

Brother JohnF - Cooking The Books

From BrotherJohnF

Gold Now Beginning Its Long-Awaited Ascent

From Tekoa Da Silva

NSA snooping could cost US tech companies up to $35bn over 3 years

From RussiaToday

Published on Aug 18, 2013
The role of America's intelligence boss on the panel reviewing government surveillance programmes is causing controversy. James Clapper was expected to lead the inquiry, which was promised to be independent - but now it looks like he'll only have a limited part to play. And all this scrutiny of spying methods is costing big tech companies, big money.

Sunday, August 18, 2013

SD Weekly Metals & Markets - Silver Shorts in Freak Out Mode

From silverdoctors

William Kaye on GOFO and Gold Backwardation

Hong Kong fund manager William Kaye discusses negative GOFO, gold backwardation and the Bank of England's missing gold. Listen to the KWN interview here

Keiser Report - UK 'Cult' of 'Saving'

From RussiaToday

Published on Aug 17, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss how the 'cult' of Mark Carney is leading to food inflation, as well as housewives outstripping inflation. Meanwhile, George Osborne's welfare reforms see £11.8 billion 'saved' from housing benefits, while £12 billion of taxpayer money is set aside to subsidize mortgages of up to £600,000 for the second phase of the Help to Buy scheme. In the second half of the program, Max talks to Simon Rose of SaveOurSavers.co.uk about forward guidance, real inflation, and George Osborne's speculative schemes.

Saturday, August 17, 2013

Weekend Chillout - Yes!

With Gold closing the week at $1371 and silver $23.32 we can finally say Yes the northern summer doldrums are behind us. Yes it seems all the plans of mice and bankers have come undone, both the precious metals and bonds worlds have gone crazy.

The dynamic duo of Kate Ceberano and her brother Phil (guitar, backing vocals)

Friday, August 16, 2013

Rick Santelli blows out over Real Inflation

A must watch for a epic Santelli rant near the end.

Time to Buy the Aussie?

Thanks to my Latvian followers

Just wanted to say hi to all my Latvian blog readers. I have noticed a spike in readers from Latvia over the last few weeks, hopefully that is because you are interested in what I post on this blog and not some portend of doom, with Latvians franticly seeking the safe haven of gold and silver.

Precious Metals Extend Rally as Equities Fall

August 16 (Bloomberg) -- Bloomberg's Zeb Eckert and David Ingles discuss the broad-based gains in precious metals and tell us why things are moving on Bloomberg Television's "First Up with Susan Li."

Egyptian Civil War, Israel-Palestine Peace Talks, Jessie Jackson Jr. Goes to Jail & Big Bankers Walk

From Greg Hunter

Keiser Report - Mind-Controlled Rat(e)s

From RussiaToday

Published on Aug 15, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss boycotting and shrugging in response to the total surveillance state where even the 'progressive' recycling bins are following you. They look at the email service providers who committed corporate suicide and destroyed their assets rather than collaborate in 'crimes against the American people.' In the second half, Max talks to John Butler, author of The Golden Revolution, about interest rates, bonds and gold.

Bill Gross reports from the trenches of the Bond War

Could further unrest in Egypt spike the Oil and Gold Price?

Winning

I wonder if Dexter's CV cover letter looked like this? Would you be brave enough not to hire him?

42 is the Answer to Everything

This week marks the 42nd anniversary of Nixon ending the Bretton Woods agreement by the halting convertibility of the US dollar into gold. Interesting to note that the average lifespan of the 3,800 fiat currencies that have been tried is 40 years, so we are 2 years overdue for it all to end in tears.

Some background to the 'closing of the Gold Window':

The President of France Charles De Gaulle fearing a future default by the USA on its gold backed dollars instructed the Banque de France to increase the rate at which new US dollars holdings were converted into gold bullion. De Gaulle sent the French navy across the Atlantic to hand over US dollars and bring back gold bullion in exchange. In 1965 alone, the French navy ferried back over $150 million of gold bullion thereby increasing the proportion of French national reserves held in gold from 71.4% to 91.9%.

Due to inflationary pressures on the US$ as a result of printing to many dollars and foreign borrowings to fund the Indo-China (Vietnam) war on August 15, 1971, President Nixon imposed a 90-day wage and price freeze, a 10 percent import surcharge, and, most importantly, “closed the gold window”. Forever ending convertibility between US dollars and gold.

Nixon announcing to the American people that the US Dollar is no longer 'good as gold':

Gold Gone? Germany baffled as Fed bars access to its Gold Bullion

From RussiaToday

Sicilian silver coin circa 460BC

Silver is beautiful no matter its age or form. Image from armstrongeconomics.com


India bans gold coins, medallions imports to curb deficit

From economictimes.indiatimes.com

Article link

NEW DELHI: Seeking to reduce the import of gold, the Reserve Bank today prohibited inward shipment of gold coins, medallions and dores without license.

"From now onwards, import of gold in the form of coins and medallions is prohibited and henceforth all import of gold in any form or purity shall be subject to a licence issued by DGFT prescribing 20-80 scheme," Economic Affairs Secretary Arvind Mayaram told reporters.

The latest measures are part of the series of steps taken to curb gold import, the single biggest contributor to the widening Current Account Deficit (CAD).

After a dip in June, gold imports again surged in July with 47 tonnes of inward shipments compared to 31 tonnes in the previous month.

Import of gold in April-July rose 87 per cent to 383 tonnes.

Also importers will be required to make full upfront payment for the shipments.

"Gold dore imported will also be subjected to the discipline and it would be monitored at the refinery level.

"The gold which is extracted by refining gold dore, only 80 per cent of that would be provided for domestic use, 20 per cent has to be exported and similarly proof of export has to be shown before the next consignment is imported," Mayaram said quoting RBI notification.

Under the scheme, any gold that is imported will have to be imported into custom bonded warehouse. Out of the imported gold, 80 per cent can be given to domestic users of the designated kind and 20 per cent must go to exporter.

"The refinery shall make available for domestic use only to the entities engaged in jewellery business/bullion dealers and to the banks authorised to administer the Gold Deposit Scheme against full upfront payment and sale of gold against any other form of payment shall not be permitted.

"Further, the import of gold dore is permitted only against a licence issued by DGFT," the RBI said.

Read in full