Tuesday, September 30, 2014

Abby Martin breaks down the background to Hong Kong’s ‘Umbrella Revolution’

From breakingtheset

Published on Sep 29, 2014

Abby Martin discusses the pro-democracy movement in Hong Kong, highlighting the long history of tension between mainland China and the autonomous region and how China is responding to mass protests in the streets.

LIKE Breaking the Set @ http://fb.me/BreakingTheSet
FOLLOW Abby Martin @ http://twitter.com/AbbyMartin

Nomi Prins: Money Has No Cost

From Greg Hunter

LIve Video Feed from the Hong Kong Protests

Night Falls on the Hong Kong Protests

Monday, September 29, 2014

Hong Kong Protests - Mongkok

Global Climate Geoengineering

From SGTreport.com

Ron Paul: What US does now in Middle East will increase violence

From RT

Published on Sep 28, 2014

In this episode of Breaking the Set, Abby Martin speaks with former Congressman and three-time presidential candidate Ron Paul, discussing his views on the ramifications of expanding the war against ISIS into Syria, how US foreign policy has exacerbated the growth of Islamic extremism, the hypocritical partnership with Saudi Arabia, and the marginalization of alternative views outside of the two party system.

Sunday, September 28, 2014

Quote of the Week

Breaking The Set - Ron Paul on Illegal Syria War

From breakingtheset

Who Is Really Behind ISIS?

From corbettreport

Published on Sep 26, 2014

SHOW NOTES AND MP3: http://www.corbettreport.com/?p=12386

As bombs start dropping in Syria and Iraq, the world is once again being asked to cower in fear of a shadowy terror group that most people hadn't heard of just a few months ago. But even the most cursory examination of ISIS's past, its connections, and the actors populating it reveal a very different story than the one we are being asked to believe in. Fake terrorists. Foreign backers. False flags. Meet the new boogeyman, same as the old boogeyman.

Pic of the Week

Friday, September 26, 2014

Weekend Chillout - Jessie Andrews's Disco Mix Live

Posted merely due to the fact that Jessie is hot and her mixes are cool. Over an hour of sweet background music. Her live disco mix from WVUM radio in Miami. 90.5 // wvum.org

David Morgan: US Dollar is the Last Stop Before Gold & Silver Spike

From Greg Hunter

Thursday, September 25, 2014

CrossTalk: Coalition of the Killing

From RT

Published on Sep 24, 2014

Washington has done it again – launching yet another war in the Middle East, this time against a terrorist organization calling itself a state. President Obama doesn't want to call it a war, but he also tells us that victory will be a long time coming. CrossTalking with Rachel Shabi, Richard Murphy and Ivan Eland.

Gerald Celente - Trends In The News - "Another New War!"

From Gerald Celente

Published on Sep 24, 2014

"US home sales tumble in August, Mario Draghi wants to impose larger stimulus measures in Europe & the beginning of US airstrikes upon Syria. Trends Journal subscribers got the first hint of a possible Syrian airstrike more than 7 weeks ago!"

Boom Bust with Jim Rickards

Erin Aide's two part interview with author and money manager Jim Rickards.

From Boom Bust

Interview with Jim starts at the 14:32 mark

The 8 Million Dollar Lamborghini

Wednesday, September 24, 2014

La Perla Lingerie has a $50,000 Corset Containing Gold Thread

I think I am in the wrong gold business.....

Sept. 23 (Bloomberg) -- Suzy Biszantz, Chief Executive Officer at La Perla North America, talks with Olivia Sterns about how the company was able to elevate their brand through higher prices, high quality materials and exclusive offerings. She speaks on “In The Loop.”

Don't lose faith in gold just yet

Why are the super-rich cautious about investing?

Cramer Says Sell Western Union and Money Gram But Can't Bring Himself to Mention Bitcoin as a Disruptor

Syria strikes: Expanding the war on ISIL

From Al Jazeera English

Published on Sep 23, 2014

Is Washington and its partners being dragged into another open-ended war? Nick Clark speaks to Martin Reardon, the senior vice-president of the Soufan Group; Gareth Porter, an independent investigative journalist and a historian writing about US national security policy; and Fawaz Gerges, the chair of Contemporary Middle Eastern Studies at the London School of Economics and author of 'The New Middle East: Protest.

Keiser Report - Price Propaganda

From RT

Published on Sep 23, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the price propaganda of markets that convinces voters and investors to vote and bet against their own self-interest. Meanwhile, banking crooks seldom pay their high-profile fines and French farmers have just set the tax office on fire in protest at sanctions driving down the price of their goods.

In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about the latest in ponzi economics: average weekly earnings, median household income, house prices and Alibaba’s valuation.

Gold Retreats in NY Trading After Double Seahorse

Gold gave back some gains in overnight in New York trading, actually the moment the NY trading opened the price declined, which is surprising as we had seen strong buying in during the first half of London trading. London opened higher no doubt as European traders learnt about the US and other Arab states attack on IS in Syria. We even saw a rare bullish double seahorse pattern from the London open into the NY open but when the paper boys took over the market prices were cut.

Tuesday, September 23, 2014

Silver Presents a Great Buying Opportunity

Sept. 22 (Bloomberg) -- Todd Horwitz, author and founder at Averagejoeoptions.com, and Bloomberg’s Olivia Sterns and Joe Deaux, examine the silver trade and the factors that could drive the price higher. They speak in today’s “Futures in Focus” on “In The Loop.”

Paul Craig Roberts and Dave Kranzler - Rigged Gold Price Distorts Perception of Economic Reality

By Paul Craig Roberts and Dave Kranzler

The Federal Reserve and its bullion bank agents (JP Morgan, Scotia, and HSBC) have been using naked short-selling to drive down the price of gold since September 2011. The latest containment effort began in mid-July of this year, after gold had moved higher in price from the beginning of June and was threatening to take out key technical levels, which would have triggered a flood of buying from hedge funds.

The Fed and its agents rig the gold price in the New York Comex futures (paper gold) market. The bullion banks have the ability to print an unlimited supply of gold contracts which are sold in large volumes at times when Comex activity is light.

Generally, on the other side of the trade the buyers of contracts are large hedge funds and other speculators, who use the contracts to speculate on the direction of the gold price. The hedge funds and speculators have no interest in acquiring physical gold and settle their bets in cash, which makes it possible for the bullion banks to sell claims to gold that they cannot back with physical metal. Contracts sold without underlying gold to back them are called “uncovered contracts” or “naked shorts.” It is illegal to engage in naked shorting in the stock and bond markets, but it is permitted in the gold futures market.

The fact that the price of gold is determined in a futures market in which paper claims to gold are traded merely to speculate on price means that the Fed and its bank agents can suppress the price of gold even though demand for physical gold is rising. If there were strict requirements that gold shorts could not be naked and had to be backed by the seller’s possession of physical gold represented by the futures contract, the Federal Reserve and its agents would be unable to control the price of gold, and the gold price would be much higher than it is now.

Gold price manipulation is used when demand for delivery of gold bullion begins to put upward pressure on the price of gold and hedge funds speculate on the rising price of gold by purchasing large quantities of Comex futures contracts (paper gold). This speculation accelerates the upward move in the price of gold. The TF Metals Report provides a good description of this illegal manipulation of the gold market:

“Over a period of 10 weeks to begin the year, the Comex bullion banks were able to limit the rally to only 15% by supplying the “market” with 95,000 brand new naked short contracts. That’s 9.5MM ounces of make-believe paper gold or about 295 metric tonnes.

“Over a period of just 5 weeks in June and July, the Comex bullion banks were able to limit the rally to only 7% by supplying the “market” with 79,000 brand new naked short contracts. That’s 7.9MM ounces of make-believe paper gold or about 246 metric tonnes.” http://www.tfmetalsreport.com/comment/429940 [1]

In previous columns, we have documented the heavy short-selling into light trading periods.

See for example: http://www.paulcraigroberts.org/2014/07/16/insider-trading-financial-terrorism-comex/ [2].

The bullion banks do not have nearly enough gold in their possession to make deliveries to the buyers if the buyers decide to stand for delivery per the terms of the paper gold contract. The reason this scheme works is because the majority of the buyers of the contracts are speculators, not gold purchasers, and never demand delivery of the gold. Instead, they settle the contracts in cash. They are looking for short-term trading profits, not for a gold hedge against currency inflation. If a majority of the longs (the purchasers of the contracts) required delivery of the gold, the regulators would not tolerate the extent to which gold is shorted with uncovered contracts.

In our opinion, the manipulation is illegal, because it is insider trading. The bullion banks that short the gold market are clearing members of the Comex/NYMEX/CME. In that role, the bullion banks have access to the computer system used to clear and settle trades, which means that the bullion banks have access to all the trading positions, including those of the hedge funds. When the hedge funds are in the deepest, the bullion banks dump naked shorts on the Comex, driving down the futures price, which triggers selling from stop-loss orders and margin calls that drive the price down further. Then the bullion banks buy the contracts at a lower price than they sold and pocket the difference, simultaneously serving the Fed by protecting the dollar from the Fed’s loose monetary policy by lowering the gold price and preventing the concern that a rising gold price would bring to the dollar.

Since mid-July, nearly every night in the US the price of gold remains steady or drifts higher. This is when the eastern hemisphere markets are open and the market players are busy buying physical gold for which delivery is mandatory. But as regular as clockwork, following the close of the Asian markets, the London and New York paper gold markets open, and the price of gold is immediately taken lower as paper gold contracts flood into the market setting a negative tone for the day’s trading.

Gold serves as a warning for aware people that financial and economic trouble are brewing. For instance, from the period of time just before the tech bubble collapsed (January 2000) until just before the collapse of Bear Stearns triggered the Great Financial Crisis (March 2008), gold rose in value from $250 to $1020 per ounce, or just over 400%. Moreover, in the period since the Great Financial Collapse, gold has risen 61% despite claims that the financial system was repaired. It was up as much as 225% (September 2011) before the Fed began the systematic take-down and containment of gold in order to protect the dollar from the massive creation of new dollars required by Quantitative Easing.

The US economy and financial system are in worse condition than the Fed and Treasury claim and the financial media reports. Both public and private debt burdens are high. Corporations are borrowing from banks in order to buy back their own stocks. This leaves corporations with new debt but without income streams from new investments with which to service the debt. Retail stores are in trouble, including dollar store chains. The housing market is showing signs of renewed downturn. The September 16 release of the 2013 Income and Poverty report shows that real median household income has declined to the level in 1994 two decades ago and is actually lower than in the late 1960s and early 1970s. The combination of high debt and decline in real income means that there is no engine to drive the economy.

In the 21st century, US debt and money creation has not been matched by an increase in real goods and services. The implication of this mismatch is inflation. Without the price-rigging by the bullion banks, gold and silver would be reflecting these inflation expectations.

The dollar is also in trouble because its role as world reserve currency is threatened by the abuse of this role in order to gain financial hegemony over others and to punish with sanctions those countries that do not comply with the goals of US foreign policy. The Wolfowitz Doctrine, which is the basis of US foreign policy, says that it is imperative for Washington to prevent the rise of other countries, such as Russia and China, that can limit the exercise of US power.

Sanctions and the threat of sanctions encourage other countries to leave the dollar payments system and to abandon the petrodollar. The BRICS (Brazil, Russia, India, China, South Africa) have formed to do precisely that. Russia and China have arranged a massive long-term energy deal that avoids use of the US dollar. Both countries are settling their trade accounts with each other in their own currencies, and this practice is spreading. China is considering a gold-backed yuan, which would make the Chinese currency highly desirable as a reserve asset. It is possible that the Fed’s attack on gold is also aimed at making Chinese and Russian gold accumulation less supportive of their currencies. A currency linked to a falling gold price is not the same as a currency linked to a rising gold price.

It is unclear whether the new Chinese gold exchange in Shanghai will displace the London and New York futures markets. Naked short-selling is not permitted in the Chinese gold exchange. The world could end up with two gold futures markets: one based on assessments of reality, and the other based on gambling and price-rigging.

The future will also determine whether the role of reserve currency has been overtaken by time. The US dollar took that role in the aftermath of World War II, a time when the US had the only industrial economy that had not been destroyed in the war. A stable means of settling international accounts was needed. Today there are many economies that have tradable currencies, and accounts can be settled between countries in their own currencies. There is no longer a need for a single reserve currency. As this realization spreads, pressure on the dollar’s value will intensify.

For a period the Federal Reserve can support the dollar’s exchange value by pressuring Japan and the European Central Bank to print their currencies with which to support the dollar with purchases in the foreign exchange market. Other countries, such as Switzerland, will print their own currencies so as not to endanger their exports by a rise in the dollar price of their exports. But eventually the large US trade deficits produced by offshoring the production of goods and services sold into US markets and the collapse of the middle class and tax base caused by jobs offshoring will destroy the value of the US dollar.

When that day arrives, US living standards, already endangered, will plummet. American power will have been destroyed by corporate greed and the Fed’s policy of sacrificing the US economy in order to save four or five mega-banks, whose former executives control the Fed, the US Treasury, and the federal financial regulatory agencies.

URL to article: http://www.paulcraigroberts.org/2014/09/22/rigged-gold-price-distorts-perception-economic-reality-paul-craig-roberts-dave-kranzler/

URLs in this post:

[1] http://www.tfmetalsreport.com/comment/429940

[2] http://www.paulcraigroberts.org/2014/07/16/insider-trading-financial-terrorism-comex/

Martin Armstrong interviewed on CKNW's Money Talks

Paul Craig Roberts - 9/11 After 13 years

By Paul Craig Roberts

The tragedy of September 11, 2001, goes far beyond the deaths of those who died in the towers and the deaths of firefighters and first responders who succumbed to illnesses caused by inhalation of toxic dust. For thirteen years a new generation of Americans has been born into the 9/11 myth that has been used to create the American warfare/police state.

The corrupt Bush and Obama regimes used 9/11 to kill, maim, dispossess and displace millions of Muslims in seven countries, none of whom had anything whatsoever to do with 9/11.

A generation of Americans has been born into distain and distrust of Muslims.

A generation of Americans has been born into a police state in which privacy and constitutional protections no longer exist.

A generation of Americans has been born into continuous warfare while needs of citizens go unmet.

A generation of Americans has been born into a society in which truth is replaced with the endless repetition of falsehoods.

According to the official story, on September 11, 2001, the vaunted National Security State of the World’s Only Superpower was defeated by a few young Saudi Arabians armed only with box cutters. The American National Security State proved to be totally helpless and was dealt the greatest humiliation ever inflicted on any country claiming to be a power.

That day no aspect of the National Security State worked. Everything failed.

The US Air Force for the first time in its history could not get intercepter jet fighters into the air.

The National Security Council failed.

All sixteen US intelligence agencies failed as did those of America’s NATO and Israeli allies.

Air Traffic Control failed.

Airport Security failed four times at the same moment on the same day. The probability of such a failure is zero.

If such a thing had actually happened, there would have been demands from the White House, from Congress, and from the media for an investigation. Officials would have been held accountable for their failures. Heads would have rolled.

Instead, the White House resisted for one year the 9/11 families’ demands for an investigation. Finally, a collection of politicians was assembled to listen to the government’s account and to write it down. The chairman, vice chairman, and legal counsel of the 9/11 Commission have said that information was withheld from the commission, lies were told to the commission, and that the commission “was set up to fail.” The worst security failure in history resulted in not a single firing. No one was held responsible.

Washington concluded that 9/11 was possible because America lacked a police state.

The PATRIOT Act, which was awaiting the event was quickly passed by the congressional idiots. The Act established executive branch independence of law and the Constitution. The Act and follow-up measures have institutionalized a police state in “the land of the free.”

Osama bin Laden, a CIA asset dying of renal failure, was blamed despite his explicit denial. For the next ten years Osama bin Laden was the bogyman that provided the excuse for Washington to kill countless numbers of Muslims. Then suddenly on May 2, 2011, Obama claimed that US Navy SEALs had killed bin Laden in Pakistan. Eyewitnesses on the scene contradicted the White House’s story. Osama bin Laden became the only human in history to survive renal failure for ten years. There was no dialysis machine in what was said to be bin Laden’s hideaway. The numerous obituaries of bin Laden’s death in December 2001 went down the memory hole. And the SEAL team died a few weeks later in a mysterious helicopter crash in Afghanistan. The thousands of sailors on the aircraft carrier from which bin Laden was said to have been dumped into the Indian Ocean wrote home that no such burial took place.

The fairy tale story of bin Laden’s murder by Seal Team Six served to end the challenge by disappointed Democrats to Obama’s nomination for a second term. It also freed the “war on terror” from the bin Laden constraint. Washington wanted to attack Libya, Syria, and Iran, countries in which bin Laden was known not to have organizations, and the succession of faked bin Laden videos, in which bin Laden grew progressively younger as the fake bin Laden claimed credit for each successive attack, had lost credibility among experts.

Watching the twin towers and WTC 7 come down, it was obvious to me that the buildings were not falling down as a result of structural damage. When it became clear that the White House had blocked an independent investigation of the only three steel skyscrapers in world history to collapse as a result of low temperature office fires, it was apparent that there was a coverup.

After 13 years people at home and abroad find the government’s story less believable.

The case made by independent experts is now so compelling that mainstream media has opened to it. Here is Richard Gage of Architects & Engineers for 9/11 Truth on C-SPAN: https://www.youtube.com/watch?v=3Zbv2SvBEec#t=23 [1]

After years of persistence a group in New York has secured the necessary number of valid signatures to put on the ballot a vote to investigate the cause of the collapse of the three WTC buildings. The official account, if correct, means that existing fire and building codes are insufficient to protect the public and that all other steel high rise structures are subject to the same failure. The group has been clever to frame the issue in terms of public safety and not in terms of 9/11 truth.

New York authorities, of course, continue to oppose the initiative. The question now rests on a judge’s ruling. It is difficult to imagine a judge going against the government in such a major way, but the group will have made the point that the government has no confidence in the truth of its own story.

Over these 13 years, physicists, chemists, architects, engineers, and first responders have provided massive evidence that completely disproves the official account of the failure of the three skyscrapers. The response to experts has been for non-experts to call experts “conspiracy theorists.” In other words, the defenders of the government’s story have no scientific or factual basis on which to stand. So they substitute name-calling.

9/11 was used to fundamentally alter the nature of the US government and its relationship to the American people. Unaccountable executive power has replaced due process and the checks and balances established by the US Constitution. In the name of National Security, executive power knows no restraints. Essentially, Americans today have no rights if the government targets them.

Those Americans born after 9/11 were born into a different country from the rest of us. Having never experienced constitutional government, they will not know what they have lost.

The anthrax attacks of October 2001 have been forgotten, but Professor Graeme MacQueen in The 2001 Anthrax Deception (Clarity Press, 2014) shows that the anthrax attacks played an essential role in setting the stage for the government’s acquisition of unaccountable police state power. Two Democratic Senate committee chairmen, Thomas Daschle and Patrick Leahy, were disturbed by the Bush regime’s overreach for carte blanche power, and were in a position to block the coming police state legislation and the ability of the executive branch alone to take America to war.

Both senators received anthrax letters, as did major news organizations. The TV network news anchors, such as Dan Rather, who compared the collapse of WTC skyscrapers to buildings brought down by controlled demolition, had not yet been fired by Republicans on framed-up charges.

Initially, the anthrax letters, which caused the deaths of some USPS employees, were seen as the second stage of the 9/11 attack. Fear multiplied. The senators and media shut up. Then it was discovered that the anthrax was a unique kind produced only by a US government military facility.

The response to this monkey wrench thrown into the government’s propaganda, was the FBI’s frame-up of a dead man, Bruce Edwards Ivins, who had been employed in the military lab that produced the anthrax and was driven to suicide by the false charges. The dead man’s colleagues did not believe one word of the government’s false story, and nothing in the dead man’s past indicated any motive or instability that would have led him to such a deed.

Initially, the US government tried to frame up Steven Jay Hatfill, but despite the best efforts of the New York Times and Nicholas Kristof the attempt to frame Hatfill failed. Hatfill received $5 million from the US government for the false accusation that ruined his life. So the corrupt US government moved on to Ivins.

Ivins was dead and couldn’t defend himself, but his colleagues did.

The entire episode stinks to high heaven. Justice is something that exists outside the borders of the United States. Never expect to find justice within the United States.

Most Americans are unaware of the extent to which the federal government owns the experts who can contradict its fairy tales. For example, no competent physicist can possibly believe the official story of the destruction of the three WTC buildings. But physics departments in US universities are heavily dependent on federal money. Any physicist who speaks his mind jeopardizes not only his own career but also the career of all of his colleagues. Physicist Steven Jones, who first pointed to the use of thermite in the destruction of the two towers had to agree to having his university buy out his tenure or his university was faced with losing all federal financing.

The same constraints operate in the private sector. High rise architects and structural engineers who express doubts about the official explanation of the collapse of three skyscrapers are viewed by potential clients as Muslim apologists and conspiracy kooks. The clients, of course, have no expert knowledge with which to assess the issue, but they are indoctrinated with ceaseless, endless, repetition that 9/11 was Osama bin Laden’s attack on America. Their indoctrination makes them immune to facts.

The 9/11 lie has persisted for 13 years. Millions of Muslims have paid for this lie with their lives, the destruction of their families, and with their dislocation. Most Americans remain comfortable with the fact that their government has destroyed in whole or part seven countries based on a lie Washington told to cover up an inside job that launched the crazed neoconservatives’ drive for Washington’s World Empire.

See also: http://www.globalresearch.ca/no-airliner-black-boxes-found-at-the-world-trade-center-senior-officials-dispute-official-911-claim/5400891 [2]

URL to article: http://www.paulcraigroberts.org/2014/09/10/911-13-years-paul-craig-roberts/

US and Partners Launch Missile and Airstrikes on Syria

From news.com.au

Article link

THE Pentagon says US and partners have begun air strikes in Syria.

A statement from a Pentagon official said the decision to strike was made earlier today and “partner nation forces” were also involved in the action.

“I can confirm that US military and partner nation forces are undertaking military action against ISIL terrorists in Syria using a mix of fighter, bomber and Tomahawk Land Attack Missiles,” a Pentagon official said.

The Arab countries taking part are reportedly Saudi Arabia, United Arab Emirates, Jordan and Qatar.

Read more

Video from those on the ground in Raqqa, Syria.

From Step Agency News

So far the Gold price has had a muted reaction

chart from goldprice.org

Sunday, September 21, 2014

2015 Australian Kangaroo gold bullion coins released

Audit the Fed Passes the House (Again)

From corbettreport

Breaking The Set - The War on Terror’s Self Fulfilling Prophecy, Militarizing Ebola & Roots of Ukraine’s Unrest

From breakingtheset

Published on Sep 16, 2014

Abby Martin Breaks the Set on ISIS Targets, ‘Success’ in Somalia, Militarizing Ebola Crisis, and Ukraine Political History.

Keiser Report: Fear mongering from Scottish ‘No’ voters

From RT

Published on Sep 20, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the United Kingdom waking up to a new motto: “IT’S NOT WORTH THE RISK,” following the outcome of the Scottish independence referendum. They look at the breakdown on who voted for independence (the under 54’s) and who didn’t back independence (the over 55’s) so as the taxpayer owned Royal Bank of Scotland said of the result, “It’s business as usual.”

In the second half, Max interviews an investor, who unlike 55% of the population of Scotland, truly has no fear about taking risks, Brock Pierce. Max and Brock discuss bitcoin as the internet 2.0 and what the future holds for the technology.

SD Metals & Markets- Silver Slaughter with Alasdair Macleod

From SilverDoctors

Daniel Ellsberg - 'We're on edge of large war in MidEast'

From RT

Published on Sep 19, 2014

With Washington wading into another war in the Middle East, one iconic US whistleblower says Americans are being kept in the dark about the risks of the latest intervention. And he called for more people to spill the beans, as RT's Ameera David reports.

Pic of the Week - Slicing the Delaware

More amazing image art from WilliamBanzai7

Tweet of the Week

Saturday, September 20, 2014

Weekend Chillout - Yes

Well that was a disappointing week, not only has gold and silver prices fallen to lows not seen since the start of this year but the Scots went and voted No. What sort of people when given the once in 300 year chance to decide there own fate say No? There are people dying everyday throughout the world - Gaza, Ukraine, Iraq, Thailand, and many other places with the hope they can one day have independence and yet the Scots throw it way. Although to be fair to thinking Scots most of the young and productive sectors of their society seemed to have voted Yes, whilst the pensioners and other dependants feared a brave new world where they couldn't live off the backs of a smaller productive local workforce, and hence voted No.

Petrolify®: Don't Just Seize the Day, Seize Life

Very clever satire on our Oil dependant lifestyles.

From postcarboninstitute

GSR Interviews Richard Daughty

From GoldSeek.com Radio

Keiser Report: Desperate Times

From RT

Published on Sep 18, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss that only those who can leave behind everything they have ever believed in can hope to escape the coming desperation. From buying water to keep your plants green in a drought to fracking for natural gas at a loss, however, it appears very few are willing to leave behind all that they believe.

In the second half, Max interviews Bill Powers, author of “Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth,” about the zero percent interest rate that keep people in the dark on the high costs of fracking and the coming 70s style energy crisis due to growing demand based on fundamental lies.

Dollar Collapse: Largest Event In Human History - Duane & Hoffman

From FinanceAndLiberty.com

Friday, September 19, 2014

GSR interviews John Embry

From GoldSeek.com Radio

Published on Sep 18, 2014

GoldSeek Radio's Chris Waltzek talks to John Embry, Chief Investment Strategist at Sprott Asset Management.

Ebola Mutation Presents Nightmare Scenario

From TheAlexJonesChannel

Tuesday, September 16, 2014

Investing in Australian Water

Lauren Lyster on 3D Printing

3D printing has long been considered a novelty item for consumers and a useful tool for architects and engineers—but we’re on the brink of a revolution says MakerBot CEO Bre Pettis.

“I see this as an adventure as big as personal computing,” he says. “We’re just at the beginning of 3D printing…I think the next big milestone will be when someone knows someone with a 3D printer so they have access.”

Gold’s Touchdown Pass: Will Janet Yellen Fumble On Rates?

From Kitco NEWS

Remembering Lehman Brothers Six Years On

Thanks to Zerohedge for the following charts

Market Performance (from the close before Lehman BK) - Silver +71%, Gold +61%, S&P +58%

Federal Reserve Balance Sheet - Plus $3.5 Trillion

And The Recovery? From 62% of the nation employed to less than 59%...

Ebola - State Department Orders 160,000 Hazmat Suits

From TheAlexJonesChannel

Published on Sep 15, 2014 Alex covers the U.S. government's ongoing attempts to downplay the Ebola crisis as the State Department quietly orders 160,000 Hazmat suits.

Monday, September 15, 2014

Gold is an Analog Asset

Wat Phra Kaew Temple, Bangkok

At dinner last night Jim Rickards and I were discussing the merits of gold as an asset class, and I hit on the term "Analog Asset", in that gold unlike almost all other asset classes, even real estate, is not digitally vulnerable to cyber attack and exchange disruptions.

Shares, bonds, CDs are only liquid if they can trade on the exchanges they are listed on being available. Whereas gold (and other precious metals) whilst traded on exchanges can also trade directly without a third party between buyer and seller. In a world heading into a new Cold War with Russia, growing tensions with China and ISIS in the Middle East owning an asset that is impervious to a military cyber attack seems very prudent.

Sydney to Become Renminbi Hub

Sept. 15 (Bloomberg) –- Westpac Head of Institutional Banking Rob Whitfield discusses Sydney possibly becoming the next Renminbi hub by the end of the year and why global markets could be heading for a significant correction. He speaks to Bloomberg’s Stephen Engle from the World Economic Forum in Tianjin, China.

Partying with Jim Rickards

I had the pleasure to have as my birthday party guest over the weekend the legendary Jim Rickards, who was returning to New York, via Sydney after presenting at a conference in Alice Springs.

If you don't already follow Jim on twitter I highly recommend it, you can even check out his holiday snaps of Australia's Red Centre. His twitter account is:


Brother JohnF - Silver Update: Impending Flood

From BrotherJohnF

Obama Plans on "Attacking" the Terrorists that America Fostered

From GlobalResearchTV

Published on Sep 14, 2014

James Corbett appears on Press TV to discuss the new American-led coalition to attack ISIL targets in Syria and Iraq. He discusses the hypocrisy of a country that has actively helped to foster, train, equip and aid these terrorists presuming to then lead a military expedition against them.

Aussie Dollar Flirting with Sub 90 Cents Level adds Support to Gold and Silver Prices

The Aussie dollar has been battered this week with geopolitical events having caused a rise in demand for the US Dollar. This week has also seen a sell off in gold and silver, but in Aussie dollars the fall has been muted, prices in AUD have actually increased since late last week.

chart from xe.com

chart from goldprice.org

chart from goldprice.org

Keiser Report - Global Ponzi Scheme

From RT

Published on Sep 13, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the ‘sans dents’ as the new ‘sans culottes’ as the bubbles will continue until morale improves. They also discuss inflation without compensation.

In the second half, Max interviews David Smith of the Geneva Business Insider about the Swiss Gold Initiative, the impact of sanctions and the wave of anti-EU sentiment spreading across Europe.

Why The Rigging Of The Gold Market Matters

By Alasdair Macleod via The Cobden Centre

In a radio interview recently I was asked a question to which I could not easily give a satisfactory reply: if the gold market is rigged, why does it matter?

I have no problem delivering a comprehensive answer based on a sound aphoristic analysis of how rigging markets distorts the basis of economic calculation and why a properly functioning gold market is central to all other financial prices. The difficulty is in answering the question in terms the listeners understand, bearing in mind I was told to assume they have very little comprehension of finance or economics.

I did not as they say, want to go there. But it behooves those of us who argue the economics of sound money to try to make the answer as intelligible as possible without sounding like a committed capitalist and a conspiracy theorist to boot, so here goes.

Manipulating the price of gold ultimately destabilizes the financial system because it is the highest form of money. This is why nearly all central banks retain a holding. The fact we don’t use it as money in our daily business does not invalidate its status. Rather, gold is subject to Gresham’s Law, which famously states bad money drives out the good. We would rather pay for things in government-issue paper currency and hang on to gold for a rainy day.

As money, it is on the other side of all asset prices. In other words stocks, bonds and property prices can be expected to rise measured in gold when the gold price falls and vice-versa. This relationship is often muddled by other factors, the most obvious one being changing levels of confidence in paper currencies against which gold is normally priced. However, with bond yields today at record lows and equities at record highs this relationship is apparent today.

Another way to describe this relationship is in terms of risk. Banks which dominate asset markets become complacent about risk because they are greedy for profit. This leads to banks competing with one another until they end up ignoring risk entirely. It happened very obviously with the American banking crisis six years ago until house prices suddenly collapsed, threatening to take the whole financial system down. In common with all financial bubbles everyone ignored risk. History provides many other examples.

Therefore, gold is unlike other assets because a rising gold price reflects an increasing perception of general financial risk, ensuring downward pressure on other financial asset prices. So while the big banks are making easy money ignoring risks in equity and bond markets, they will not want their party spoiled by warning signs from a rising gold price.

This is a long way from proof that the gold market is manipulated. But the big banks, and we must include central banks which are obviously keen to maintain financial confidence, have the motive and the means. And if they have these they can be expected to take the opportunity.

So why does it matter if the gold price is rigged? A freely-determined gold price is central to ensuring that reality and not financial bubbles guides us in our financial and economic activities. Suppressing the gold price is rather like turning off a fire alarm because you can’t stand the noise.

Saturday, September 13, 2014

Max Keiser - Stand Up Rage: Scottish Referendum Special

SD Metals and Markets - 9/11 Researcher On the Smoking Gun Evidence for "the New Pearl Harbor"

From SilverDoctors

Published on Sep 12, 2014

On the 13th anniversary of the 9/11 tragedy, Tod Fletcher of Consensus911.org joins The Doc and Eric Dubin for a logical and calm discussion of the greatest crime of the 20th Century.

Breaking The Set - ISIS: The Psychology Behind the Black Flag & Consequences of Bombing

From breakingtheset

Published on Sep 12, 2014

Abby Martin interviews religious scholar and #1 New York Times Bestselling Author, Reza Aslan, about the ideology of the extremist group ISIS and the correct course of action to deal with the group’s proliferation.

LIKE Breaking the Set @ http://fb.me/BreakingTheSet

FOLLOW Abby Martin @ http://twitter.com/AbbyMartin

Weekend Chillout - Is it a Crime?

Thought I would continue the Sade / New York theme this week being the 13th anniversary of 911. Definitely the crime of that century.

Friday, September 12, 2014

BoE Taking Bitcoin Seriously

Barry Dawes on Gold and Silver Prices

Breaking The Set - Ebola & the Western Aid 'Conspiracy'

From breakingtheset

Published on Sep 9, 2014

Abby Martin Breaks the Set on the Z-RO Blinding Gun, Ebola Political Setbacks, Domestic Violence Underground and the Return of Agent Orange.

Keiser Report: Monkey Money

From RT

Published on Sep 6, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the monkey behaving like a central banker throwing stolen money to holidaymakers, who, in turn, act like housing speculators and investment bankers - never asking from where the stolen money comes.

In the second half, Max interviews games developer, Steve Favis, about crowdfunding Banksters, gamifying London and watching Twitch.TV

Thursday, September 11, 2014

NSA Whistleblower Supports 9/11 Truth - William Binney and Richard Gage

From corbettreport

911 Lest We Forget

If you want to learn more about really happened on that day please read and listen to these two posts regarding Dr. Judy Wood and order her amazingly detailed textbook.  

Post 1    Post 2

Sunday, September 7, 2014

Saturday, September 6, 2014

SD Metals and Markets with SRSRocco

From SilverDoctors

Tweet of the Week

Rap News on ISIS, Gaza, Ukraine and more

The genius of Robert Foster and the Juice Media crew, Australia's greatest satirists.

From thejuicemedia

Published on Aug 30, 2014

A Rap News summary of the past months' remarkable series of events. From Gaza to Syria, ISIS to Ukraine, Sinkholes to Ebola, Ferguson to Robin Williams, the world has been experiencing a seemingly endless series of events befitting of a Ronald Emmerich movie. How do we manage to deal with all the painful ironies and bloody tragedies of these times? To find out, we tune into frequency which informs us about all these events: the mainstream media. Join veteran MSMBS host Brian Washington as he brings you all the latest World News Headlies - without a trace of irony.

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

Friday, September 5, 2014

Thursday, September 4, 2014

Gold Jumps 1% in Euros on ECB cutting rates

From the ECB's monetary policy decision:

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
  • The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
  • The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
  • The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.
 In reaction gold price in Euro has jumped 1% mainly due to a decline in the EUR:USD rate


Alasdair Macleod - "3 reasons to invest in gold"

From GoldSwitzerland

John Butler - We live in exceptional, interesting times

From GoldSwitzerland

Published on Sep 1, 2014

In this 3rd of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars sits down with John Butler, CEO of Amphora Capital, and they talk about 3 of this year's highlights in the world of international finance: 1 - the Launch of the BRICS Development Bank, 2- the Sino-Russia energy deal and 3- the Ukraine crisis.

Keiser Report: Islamic State Startup

From RT

Published on Sep 2, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Islamic State resembling the Taliban with oil fields - ie a whole lot like Oklahoma. They also discuss the new Misery Index, which shows labor force participation and velocity of money plunging. Meanwhile, back in America naked incidents are on the rise and, in Europe, suicide tourism rises four-fold.

In the second half, Max continues his interview of bitcoin mogul, Trace Mayer, about bitcoin, central banking and geopolitics.

Exactly how the US trained and armed ISIS

From RT America

Published on Sep 3, 2014

As soon as ISIS (ISIL, Islamic State, etc) popped up, people began to claim the US was responsible for creating them. At first it was just fringe news sites, but now even the MSM can't deny the connection between ISIS and the US. The Resident discusses.

Crouching Tiger (Palladium), Hidden Dragon (Platinum)

From silver investor.com

Jan Skoyes - In terms of assets, there clearly is inflation

From GoldSwitzerland

Wednesday, September 3, 2014

Full Spectrum Dominance Powerful Speech by Chris Hedges

The Morning After: What happens when a government destroys its currency

From Simon Black - sovereignman.com

September 1, 2014
Dallas, Texas

Imagine this scene:

"Everyone in the country was in shock. People’s net worth had devalued more than 53% overnight.”

“The value in savings accounts dropped in half and neither merchants nor consumers knew how to react because they had never been through something like it before...”

This is how an American business executive described living through Mexico’s devaluation of the peso exactly 38 years ago on September 1, 1976.

Looking back, it was so obvious.

Mexico had a mounting debt, destructive policies, and a woefully unsustainable fixed exchange rate with the US dollar. All the writing was on the wall.

But most people ignored the warning signs and kept their money in pesos.

Mexican President Luis Echevarria even went out on the radio to reassure people that the currency was safe.

Finally, under intense fiscal pressure, the government reached its breaking point. And on August 31, 1976, they made the decision to devalue the peso.

People woke up the next morning on September 1st to a 50%+ decline.

Coincidentally today is also the 75th anniversary of the Nazi invasion of Poland, the event that ultimately dragged the world into war.

Germany had already invaded Austria and Czechoslovakia in the months before.

By May 1939 Hitler had stated very plainly, “the decision remains to attack Poland at the first opportunity.”

Even a week before the invasion, Hitler told his military commanders, “I have prepared . . . my 'Death's Head' formations with orders to kill without pity or mercy all men, women, and children of Polish descent or language.”

Germany had 60 divisions massed on the Polish border ready to invade.

Yet people in Poland were told to keep calm, remain in place, and have confidence in their leaders.

Finally, on August 30, the Polish government ordered a partial mobilization to meet the German threat.

Needless to say, it was too little, too late. Germany invaded only hours later.

This is a familiar story that repeats across history. Despite obvious warning signs, people almost universally allow themselves to ignore reality.

It’s human nature to want to believe that everything is going to be OK. And when our political leaders whisper soothing words of hope and optimism, we take the bait.

Looking back, it was plain as day that Mexico was going to devalue the peso. Everything about the economy and currency was totally unsustainable. Deep down people knew it.

Similarly, it was plain as day that Hitler was going to decimate Poland. And people knew it.

Yet millions allowed their confidence to be misplaced in leaders who assured them that everything was OK.

Are we so different today?

The raw numbers tell us that most banks in Europe are insolvent. Bank in the US are dangerously illiquid.

Most western governments are bankrupt. Pension and social security funds are insolvent.

Financial markets are at precarious valuations. And the dollar is beginning to unravel as the dominant reserve currency.

These are data-driven assertions. And my guess is, deep down, your instincts are also telling you that something is seriously wrong with the system.

Yet we’re all told to keep calm by our leaders. There’s nothing to see here, nothing to worry about.

Looking back, it’s all going to seem so obvious. If a major, global currency crisis hits within the next 12-months, people will think, “duh, how did I not see that coming?”

Unfortunately by then it will be too late.

It takes only a little foresight and planning to insulate yourself from an event that can have disastrous consequences.

If you knew the Mexican peso was at an unsustainable level, why would anyone continue to hold pesos?

Similarly, if all the objective data suggests that the dollar is in store for an epic decline… and that the entire world is on a path to shift away from the dollar, why in the world would any rational person base his entire life savings in dollars?

It takes little effort to actually do something about it. Hold stronger currencies overseas. Own real assets. Move your retirement account abroad where your bankrupt government can’t steal it.

These are common sense steps, just like putting on a seatbelt when you get into a car.

The time to act is now. Why play Russian roulette when the odds are clearly in favor of the house?

Don’t try to time it. Nobody has a crystal ball. It’s irrelevant whether the trend unfolds over weeks, months, or years. It’s pretty clear where this is all headed.

The Islamic State

From VICE News

Published on Aug 14, 2014 Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News

The Islamic State, a hardline Sunni jihadist group that formerly had ties to al Qaeda, has conquered large swathes of Iraq and Syria. Previously known as the Islamic State of Iraq and Syria (ISIS), the group has announced its intention to reestablish the caliphate and has declared its leader, the shadowy Abu Bakr al-Baghdadi, as the caliph.

The lightning advances the Islamic State made across Syria and Iraq in June shocked the world. But it's not just the group's military victories that have garnered attention — it's also the pace with which its members have begun to carve out a viable state.

Flush with cash and US weapons seized during its advances in Iraq, the Islamic State's expansion shows no sign of slowing down. In the first week of August alone, Islamic State fighters have taken over new areas in northern Iraq, encroaching on Kurdish territory and sending Christians and other minorities fleeing as reports of massacres emerged.

VICE News reporter Medyan Dairieh spent three weeks embedded with the Islamic State, gaining unprecedented access to the group in Iraq and Syria as the first and only journalist to document its inner workings.

MP George Galloway interviewed after he was beaten in broad daylight in London



Ebola patient escapes Liberia quarantine and is chased through market

Makes me wonder when we will see similar scenes in Rustenburg, SA.

From Reuters

Monday, September 1, 2014

James Corbett - We Are Headed for Global War

From Greg Hunter

Century of Enslavement: The History of The Federal Reserve