from NewAmericaNow :
Links to Covered Stories
http://www.beaconequity.com/we-are-preparing-for-massive-civil-war-says-dhs-i...
http://etfdailynews.com/2012/08/02/former-cia-army-general-martial-law-expect...
http://beforeitsnews.com/conspiracy-theories/2012/08/another-martial-law-dril...
http://publicintelligence.net/u-s-domestic-contingency-purchasing/
What To Expect When Martial Law Is Declared
http://newamerica-now.blogspot.com/2012/08/what-to-expect-when-martial-law-is...
The Most Often Forgotten Survival Preparations
http://newamerica-now.blogspot.com/2012/07/the-most-often-forgotten-survival....
The central bank is to become subordinate to finance ministers in crisis-stricken countries. In Draghi's homeland Italy, such a situation was the norm for decades -- and the result was chronic inflation. Now, he is accepting a repeat of history. On the short term, it will create relief in the debt crisis. On the long term, vengeance will be bitter."
Gold closed up today by $19.30 to finish the comex session at $1606. Silver finished up by 81 cents to $27.79. Gold was immediately smashed on news that the USA had a good jobs number. However, with Europe solidly in the green and with Spanish and Italian 10 yr yields down, gold and silver took off along with the Dow.Europe decided on Friday, that maybe Draghi will get to orchestrate his ESM banking license.
It never ceases to amaze me the total manipulation in these markets and the press just look the other way. The key events to watch for will be the 20th of August, when Greece is scheduled to repay 3.2 billion euros back to the ECB from the ESFS. No doubt the ESFS will lend the money to repay the ECB. They may decide to forgo this and immediately default and issue drachmas. If the money is forked over,
then Greece has enough money to keep them going until the beginning of September and at that point, they will probably leave and the drachma will then be reinstituted. So we are just marking time. The USA jobs number released at 8:30 this morning was nothing but a farce. We will outline to you why. Before delving into those stories, let us head over to the comex and assess trading today.
Read More @ HarveyOrgan.Blogspot.ca
Links to Covered Stories
http://www.beaconequity.com/we-are-preparing-for-massive-civil-war-says-dhs-i...
http://etfdailynews.com/2012/08/02/former-cia-army-general-martial-law-expect...
http://beforeitsnews.com/conspiracy-theories/2012/08/another-martial-law-dril...
http://publicintelligence.net/u-s-domestic-contingency-purchasing/
What To Expect When Martial Law Is Declared
http://newamerica-now.blogspot.com/2012/08/what-to-expect-when-martial-law-is...
The Most Often Forgotten Survival Preparations
http://newamerica-now.blogspot.com/2012/07/the-most-often-forgotten-survival....
Ruling By Decree: Obama Orders Affirmative Action for School Discipline; Race-Based Punishment Quotas
The German Press Responds To Draghi: "Vengeance Will Be Bitter"
And, as expected, it's not happy. The punchline:The central bank is to become subordinate to finance ministers in crisis-stricken countries. In Draghi's homeland Italy, such a situation was the norm for decades -- and the result was chronic inflation. Now, he is accepting a repeat of history. On the short term, it will create relief in the debt crisis. On the long term, vengeance will be bitter."
On The One Year Anniversary Of The US Downgrade
A year ago, the budget “deal” concocted between Mr Obama and his Congress was ballyhooing a “plan” to cut $US 1.2 TRILLION off annual budget deficits over a DECADE. Now, the projection for the 2012 budget is that the US government will add that amount to the funded debt of the US Treasury over ONE YEAR. This would be hilariously funny if it wasn’t so tragic. What is even funnier - and more tragic - is that the entire world is “depending” on the people who concoct this stuff.
from KingWorldNews:
King World News is continuing to receive extraordinary levels of interest in what has turned into a series of Michael Pento pieces. Today Pento warns, “The developed world’s central banks are now foolishly preparing for a full assault on their respective currencies in an attempt to lower unemployment rates.”
Pento also issued this dire prediction, “What we will see going forward is a chronically weak currency, intractable inflation, onerous tax rates, a sovereign debt crisis and a depressionary economy.” Because of this threat, Pento strongly urges, “… the allocation in your portfolio towards ownership of gold has now become mandatory.”
Today Michael Pento, of Pento Portfolio Strategies, writes exclusively for King World News to put global readers ahead of the curve, once again, on what is unfolding as a result of the major unprecedented moves by central banks. Here is Pento’s piece: “The developed world’s central banks are now foolishly preparing for a full assault on their respective currencies in an attempt to lower unemployment rates. Spurring these central bankers into action is persistently anemic markets and employment data, which they believe can be rectified by creating inflation.”
Pento continues @ KingWorldNews.com
King World News is continuing to receive extraordinary levels of interest in what has turned into a series of Michael Pento pieces. Today Pento warns, “The developed world’s central banks are now foolishly preparing for a full assault on their respective currencies in an attempt to lower unemployment rates.”
Pento also issued this dire prediction, “What we will see going forward is a chronically weak currency, intractable inflation, onerous tax rates, a sovereign debt crisis and a depressionary economy.” Because of this threat, Pento strongly urges, “… the allocation in your portfolio towards ownership of gold has now become mandatory.”
Today Michael Pento, of Pento Portfolio Strategies, writes exclusively for King World News to put global readers ahead of the curve, once again, on what is unfolding as a result of the major unprecedented moves by central banks. Here is Pento’s piece: “The developed world’s central banks are now foolishly preparing for a full assault on their respective currencies in an attempt to lower unemployment rates. Spurring these central bankers into action is persistently anemic markets and employment data, which they believe can be rectified by creating inflation.”
Pento continues @ KingWorldNews.com
by Harvey Organ, HarveyOrgan.Blogspot.ca:
Gold closed up today by $19.30 to finish the comex session at $1606. Silver finished up by 81 cents to $27.79. Gold was immediately smashed on news that the USA had a good jobs number. However, with Europe solidly in the green and with Spanish and Italian 10 yr yields down, gold and silver took off along with the Dow.Europe decided on Friday, that maybe Draghi will get to orchestrate his ESM banking license.
It never ceases to amaze me the total manipulation in these markets and the press just look the other way. The key events to watch for will be the 20th of August, when Greece is scheduled to repay 3.2 billion euros back to the ECB from the ESFS. No doubt the ESFS will lend the money to repay the ECB. They may decide to forgo this and immediately default and issue drachmas. If the money is forked over,
then Greece has enough money to keep them going until the beginning of September and at that point, they will probably leave and the drachma will then be reinstituted. So we are just marking time. The USA jobs number released at 8:30 this morning was nothing but a farce. We will outline to you why. Before delving into those stories, let us head over to the comex and assess trading today.
Read More @ HarveyOrgan.Blogspot.ca
Gold and Silver Continue Marking Time
Trader Dan at Trader Dan's Market Views - 22 hours ago
Both Gold and Silver remain in consolidation patterns with tightening
ranges as speculative HOT money flows which are exiting are being met by
value-based buying and accumulation by stronger hands.
The loss of speculative interest in the precious metals over the last few
months can be seen by the steady decline in overall open interest (the
number of contracts open). Generally speaking, whenever speculators are
interested in establishing positions in a particular market, the open
interest will rise. When they are not, the open interest will fall.
Look at the following open interest ... more »
from The Burning Platform:
Dustwallow suggested a thread on when people woke up and realized our
economic and political system was corrupt, rigged, dysfunctional, and
designed to benefit the few at the expense of the many. I’ll start it
off.
I turned 40 in 2003. I knew the world had changed after 9/11 but I was still a diehard Republican. I had voted for Bush in 2000. I was outraged by the 9/11 terrorist attack and fully supported the invasion of Afghanistan. I didn’t question the rapid passage of the Patriot Act. I had never even heard of Ron Paul. I also believed the rhetoric from the Bush administration leading up to the Iraq War. I particularly trusted Colin Powell, so when he went before the world showing pictures of weapons sites and mobile labs, I was convinced.
As the Iraq War got under way and no weapons of mass destruction were found, I began to question the entire story. This coincided with my personal disillusionment with the company I had helped go from $80 million in revenue to $1 billion in revenue. My fourteen years of dedicated service was ending badly as a clueless CEO ruined the company and people I thought were friends threw me under the bus.
After leaving IKEA and being so angry at Bush’s lies that I actually voted for Kerry in 2004, I began to read the writings of Bill Bonner, John Mauldin, Richard Russell, John Hussman, Robert Shiller, Doug Casey, and many of the websites listed on the side of this page. These people opened my eyes to the evils of the Federal Reserve, inflation and debt financed “prosperity”. I began following Ron Paul and reading his articles. I questioned everything I had been taught and everything being spewed at me by the MSM.
Read More @ TheBurningPlatform.com
Dustwallow suggested a thread on when people woke up and realized our
economic and political system was corrupt, rigged, dysfunctional, and
designed to benefit the few at the expense of the many. I’ll start it
off.I turned 40 in 2003. I knew the world had changed after 9/11 but I was still a diehard Republican. I had voted for Bush in 2000. I was outraged by the 9/11 terrorist attack and fully supported the invasion of Afghanistan. I didn’t question the rapid passage of the Patriot Act. I had never even heard of Ron Paul. I also believed the rhetoric from the Bush administration leading up to the Iraq War. I particularly trusted Colin Powell, so when he went before the world showing pictures of weapons sites and mobile labs, I was convinced.
As the Iraq War got under way and no weapons of mass destruction were found, I began to question the entire story. This coincided with my personal disillusionment with the company I had helped go from $80 million in revenue to $1 billion in revenue. My fourteen years of dedicated service was ending badly as a clueless CEO ruined the company and people I thought were friends threw me under the bus.
After leaving IKEA and being so angry at Bush’s lies that I actually voted for Kerry in 2004, I began to read the writings of Bill Bonner, John Mauldin, Richard Russell, John Hussman, Robert Shiller, Doug Casey, and many of the websites listed on the side of this page. These people opened my eyes to the evils of the Federal Reserve, inflation and debt financed “prosperity”. I began following Ron Paul and reading his articles. I questioned everything I had been taught and everything being spewed at me by the MSM.
Read More @ TheBurningPlatform.com
Romney: True Dual Purpose Breed of Sheep
A Daily Sheeple reader was kind enough to share this link. We just couldn’t resist posting this.Soros Associate and Soviet National Appointed Regulatory Czar
In what may be the President’s most outrageous appointment yet, Obama has replaced the resigned Cass Sunstein with a Soviet Union national as the new “Regulatory Czar” for his administration.
by Dr. Paul Craig Roberts, PaulCraigRoberts.org:
In his report on the Bureau of Labor Statistics’ latest jobs and unemployment report, statistician John Williams (shadowstats.com)
writes: “The July employment and unemployment numbers published today,
August 3rd, were worthless and likely misleading. . . . Suspecting at
one time that the jobs numbers were being rigged against him by his own
Bureau of Labor Statistics (BLS), President Richard M. Nixon proposed a
new approach to reporting the numbers. Although the proposed changes
never were implemented, several decades later the BLS adopted reporting
methods that were somewhat parallel to the late president’s thinking.”
I will spare the readers an explanation of Williams’ account of the manipulation that is occurring as it is too arcane for the general reader.
Instead, Let’s just apply common sense. According to the BLS, there were 163,000 new nonfarm payroll jobs created in July. This figure is about 13,000 more jobs than is needed to keep pace with population growth. Therefore, the unemployment rate should have declined fractionally. Instead, the unemployment rate (U3) rose from 8.2% to 8.3%.
In case you missed the point, new jobs, a net figure, rose and so did the unemployment rate!
Moreover, the alternative, but much less reported, jobs report from the Household Survey found that the economy lost 195,000 jobs in July.
Read More @ PaulCraigRoberts.org
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from crabbydogtrix:
from TruthNeverTold :
In his report on the Bureau of Labor Statistics’ latest jobs and unemployment report, statistician John Williams (shadowstats.com)
writes: “The July employment and unemployment numbers published today,
August 3rd, were worthless and likely misleading. . . . Suspecting at
one time that the jobs numbers were being rigged against him by his own
Bureau of Labor Statistics (BLS), President Richard M. Nixon proposed a
new approach to reporting the numbers. Although the proposed changes
never were implemented, several decades later the BLS adopted reporting
methods that were somewhat parallel to the late president’s thinking.”I will spare the readers an explanation of Williams’ account of the manipulation that is occurring as it is too arcane for the general reader.
Instead, Let’s just apply common sense. According to the BLS, there were 163,000 new nonfarm payroll jobs created in July. This figure is about 13,000 more jobs than is needed to keep pace with population growth. Therefore, the unemployment rate should have declined fractionally. Instead, the unemployment rate (U3) rose from 8.2% to 8.3%.
In case you missed the point, new jobs, a net figure, rose and so did the unemployment rate!
Moreover, the alternative, but much less reported, jobs report from the Household Survey found that the economy lost 195,000 jobs in July.
Read More @ PaulCraigRoberts.org
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from TruthNeverTold :
from The Telegraph:
Ratings agency Standard & Poor’s took ratings action on a range of Italian banks, including downgrading 15 financial institutions, citing increased credit risk for the country’s economy and banks.
“With Italy facing a potentially deeper and more prolonged recession
than we had originally anticipated, we think Italian banks’
vulnerability to credit risk in the economy is rising,” S&P said in a
statement.
“In this context, the combined effect of mounting problem assets and reduced coverage of loan loss reserves makes banks more vulnerable to the impact of higher credit losses particularly in the event of deterioration in the collateral values of assets,” it said.
Among the rating agency’s moves, S&P cut Banca Monte dei Paschi di Siena to BBB-minus from BBB, just one notch above junk.
Read More @ Telegraph.co.uk
Ratings agency Standard & Poor’s took ratings action on a range of Italian banks, including downgrading 15 financial institutions, citing increased credit risk for the country’s economy and banks.
“With Italy facing a potentially deeper and more prolonged recession
than we had originally anticipated, we think Italian banks’
vulnerability to credit risk in the economy is rising,” S&P said in a
statement.“In this context, the combined effect of mounting problem assets and reduced coverage of loan loss reserves makes banks more vulnerable to the impact of higher credit losses particularly in the event of deterioration in the collateral values of assets,” it said.
Among the rating agency’s moves, S&P cut Banca Monte dei Paschi di Siena to BBB-minus from BBB, just one notch above junk.
Read More @ Telegraph.co.uk
by Susanne Posel, Occupy Corporatism:
Kofi Annan, UN envoy to Syria, has quit his mission by stepping down from his attempts to facilitate peace through his 6 point peace plan.
Mainstream media is blaming Annan for failing to bring peace in an obvious redirection of attention to the actuality of the situation in Syria. While Annan’s stepping down was strategic, this is but a segway to the purpose of the plan to invade Syria as a fake “last resort”. Assad is perfectly aware of this.
Hillary Clinton, US Secretary of State, spending months supposedly pushing peace, while truly threatening all surrounding nations that the US and Israel are gaining ground to have full international backing of their strong desire to strike Syria and remove Assad.
Obama has signed an order giving financial and military support to the FSA. A crafty directive was written, giving the US greater covert “non-lethal” assistance and the State Department “set aside” $25 million for the fake revolutionaries.
Read More @ OccupyCorporatism.com
Kofi Annan, UN envoy to Syria, has quit his mission by stepping down from his attempts to facilitate peace through his 6 point peace plan.Mainstream media is blaming Annan for failing to bring peace in an obvious redirection of attention to the actuality of the situation in Syria. While Annan’s stepping down was strategic, this is but a segway to the purpose of the plan to invade Syria as a fake “last resort”. Assad is perfectly aware of this.
Hillary Clinton, US Secretary of State, spending months supposedly pushing peace, while truly threatening all surrounding nations that the US and Israel are gaining ground to have full international backing of their strong desire to strike Syria and remove Assad.
Obama has signed an order giving financial and military support to the FSA. A crafty directive was written, giving the US greater covert “non-lethal” assistance and the State Department “set aside” $25 million for the fake revolutionaries.
Read More @ OccupyCorporatism.com
from RTAmerica:
The Pentagon is pumping money into amping up cyber security in an effort to prevent the leaking of secret information. According to General Keith Alexander of the NSA, one trillion dollars goes down the drain each year due to cyber-crimes. John Simpson of Consumer Watchdog brings his take on whether it’s just to spend so much in yet another arm of the ever-expanding military industrial complex.
The Pentagon is pumping money into amping up cyber security in an effort to prevent the leaking of secret information. According to General Keith Alexander of the NSA, one trillion dollars goes down the drain each year due to cyber-crimes. John Simpson of Consumer Watchdog brings his take on whether it’s just to spend so much in yet another arm of the ever-expanding military industrial complex.
[Ed. Note:
As we witnessed with the GOP's literally UNLAWFUL treatment of Ron Paul
and his supporters over the past year, it's never been more clear that
the conspiracy to keep puppets in power means that both the DNC and RNC
will lie, cheat and steal elections - they will do whatever it takes to
keep this broken paradigm securely in place. If you haven't heard my
interview with a DNC whistle blower regarding the blatant fraud
committed by the DNC and the 2008 Obama campaign, listen now: The 2008 Obama Campaign & Election Was a COUP.]
Tennessee Democratic Party disavows Senate nominee
from Tennessean:
The party of Cordell Hull, Estes Kefauver and Al Gore Sr. and Jr. won’t have a standard-bearer — or at least not one it can stomach — in Tennessee’s next U.S. Senate race.
Less than 24 hours after a man espousing conservative and libertarian views surprised the state’s political scene by winning the Democratic nomination, the Tennessee Democratic Party disavowed him, saying he’s part of an anti-gay hate group.
The party said Friday that it would do nothing to help Mark Clayton, 35, who received nearly twice as many votes as his closest challenger in Thursday’s seven-candidate primary, winning the right to challenge Republican U.S. Sen. Bob Corker in November.
“The only time that Clayton has voted in a Democratic primary was when he was voting for himself,” the party said in a news release. “Many Democrats in Tennessee knew nothing about any of the candidates in the race, so they voted for the person at the top of the ticket. Unfortunately, none of the other Democratic candidates were able to run the race needed to gain statewide visibility or support.
Read More @ Tennessean.com
Tennessee Democratic Party disavows Senate nominee
from Tennessean:
The party of Cordell Hull, Estes Kefauver and Al Gore Sr. and Jr. won’t have a standard-bearer — or at least not one it can stomach — in Tennessee’s next U.S. Senate race.
Less than 24 hours after a man espousing conservative and libertarian views surprised the state’s political scene by winning the Democratic nomination, the Tennessee Democratic Party disavowed him, saying he’s part of an anti-gay hate group.
The party said Friday that it would do nothing to help Mark Clayton, 35, who received nearly twice as many votes as his closest challenger in Thursday’s seven-candidate primary, winning the right to challenge Republican U.S. Sen. Bob Corker in November.
“The only time that Clayton has voted in a Democratic primary was when he was voting for himself,” the party said in a news release. “Many Democrats in Tennessee knew nothing about any of the candidates in the race, so they voted for the person at the top of the ticket. Unfortunately, none of the other Democratic candidates were able to run the race needed to gain statewide visibility or support.
Read More @ Tennessean.com
by Vin Maru, Gold Seek:
It is our firm belief that the precious metals sector has bottomed out
and the downside is very limited from here on out. While there doesn’t
seem to be an immediate rush back into the sector, now is a great time
to be acquiring physical metals, but more importantly producers with
growth profiles. That’s where we really see the value and upside
potential. Now would be a good time to start adding and scaling into any new positions you plan on taking.
If we would have to make a speculative/educated guess/evaluation, by looking at the charts and fundamentals for precious metals and the miners, we believe that the worst is over. We are fairly certain that we have seen the bottom over this past summer and building a good position in the physical, ETFs, and select miners right now is looking very promising.
Support has pretty much held throughout the summer and it’s looking good going into the fall. While we still may see one more down wave, it would be more of a fake breakdown below support just to scare the remaining weak hands. If that happens, I would think backing up the truck is a good idea, and start getting aggressive in adding exposure to the sector. Buying at support around $1570 is a good place to start adding to positions. Over the next few weeks we expect gold to trade around $1600 (+ or – $30) in a sideways trading range.
Read More @ GoldSeek.com
It is our firm belief that the precious metals sector has bottomed out
and the downside is very limited from here on out. While there doesn’t
seem to be an immediate rush back into the sector, now is a great time
to be acquiring physical metals, but more importantly producers with
growth profiles. That’s where we really see the value and upside
potential. Now would be a good time to start adding and scaling into any new positions you plan on taking.If we would have to make a speculative/educated guess/evaluation, by looking at the charts and fundamentals for precious metals and the miners, we believe that the worst is over. We are fairly certain that we have seen the bottom over this past summer and building a good position in the physical, ETFs, and select miners right now is looking very promising.
Support has pretty much held throughout the summer and it’s looking good going into the fall. While we still may see one more down wave, it would be more of a fake breakdown below support just to scare the remaining weak hands. If that happens, I would think backing up the truck is a good idea, and start getting aggressive in adding exposure to the sector. Buying at support around $1570 is a good place to start adding to positions. Over the next few weeks we expect gold to trade around $1600 (+ or – $30) in a sideways trading range.
Read More @ GoldSeek.com
by Joe Wolverton, II, Infowars:
At a conference of top Pakistani and American officials in Aspen, Colorado, Sherry Rehman, Pakistan’s ambassador to the United States, criticized the Central Intelligence Agency’s drone warfare in Pakistan, describing it as having reached the point of “diminishing returns” and contributing to the growing anti-American sentiment in the country.
“This adds to the pool of recruits we’re fighting against,” Rehman said at the Aspen Security Forum held July 25-28.
With Pakistan’s spy chief, Lt. General Zaheerul Islam is scheduled to meet with CIA Director David Petraeus at CIA headquarters in Langley, Virginia, next week, Rehman also added that “we will seek an end to drone strikes and there will be no compromise on that.”
Ambassador Rehman’s remarks are understandable and are backed up by data contained in a report issued by the Bureau of Investigative Journalism (BIJ). According to that document, the United States has carried out at least 337 drone strikes in Pakistan, mainly centered in the tribal areas in the northern part of the province of Waziristan.
Read More @ Infowars.com
“This adds to the pool of recruits we’re fighting against,” Rehman said at the Aspen Security Forum held July 25-28.
With Pakistan’s spy chief, Lt. General Zaheerul Islam is scheduled to meet with CIA Director David Petraeus at CIA headquarters in Langley, Virginia, next week, Rehman also added that “we will seek an end to drone strikes and there will be no compromise on that.”
Ambassador Rehman’s remarks are understandable and are backed up by data contained in a report issued by the Bureau of Investigative Journalism (BIJ). According to that document, the United States has carried out at least 337 drone strikes in Pakistan, mainly centered in the tribal areas in the northern part of the province of Waziristan.
Read More @ Infowars.com
from Alaska-Native-News:
Multiple infections with variant* influenza A (H3N2v) viruses have been
identified in 3 states in recent weeks. From July 12 through August 3,
2012, 16 cases of H3N2v were reported and confirmed by CDC. This virus
was first detected in humans in July 2011. It has also been isolated in
U.S. swine in many U.S. states.
Since July 12, 2011, there have been 29 cases of H3N2v virus infection, including the 16 cases occurring in the last three weeks. All 29 cases were infected with H3N2v viruses that contain the matrix (M) gene from the influenza A (H1N1)pdm09 virus. This M gene may confer increased transmissibility to and among humans, compared to other variant influenza viruses. All cases have been laboratory-confirmed at CDC. Each of the 16 cases identified since July 12, 2012, reported contact with swine prior to illness onset; in 15 cases, contact occurred while attending or exhibiting swine at an agricultural fair.
While the viruses identified in these cases are genetically nearly identical, separate swine exposure events in each state were associated with human infections. There is no indication that the cases in different states are epidemiologically related.
Read More @ alaska-native-news.com
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Multiple infections with variant* influenza A (H3N2v) viruses have been
identified in 3 states in recent weeks. From July 12 through August 3,
2012, 16 cases of H3N2v were reported and confirmed by CDC. This virus
was first detected in humans in July 2011. It has also been isolated in
U.S. swine in many U.S. states.Since July 12, 2011, there have been 29 cases of H3N2v virus infection, including the 16 cases occurring in the last three weeks. All 29 cases were infected with H3N2v viruses that contain the matrix (M) gene from the influenza A (H1N1)pdm09 virus. This M gene may confer increased transmissibility to and among humans, compared to other variant influenza viruses. All cases have been laboratory-confirmed at CDC. Each of the 16 cases identified since July 12, 2012, reported contact with swine prior to illness onset; in 15 cases, contact occurred while attending or exhibiting swine at an agricultural fair.
While the viruses identified in these cases are genetically nearly identical, separate swine exposure events in each state were associated with human infections. There is no indication that the cases in different states are epidemiologically related.
Read More @ alaska-native-news.com
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