Submitted by Tyler Durden on 03/07/2015 - 17:15
While Russia's envoy to NATO notes that statements by the deputy head of NATO testify to the fact that the leaders of the bloc want to intervene in Russia’s internal politics, and are "dreaming of Russian Maidan," Washington has a bigger problem... Germany. As Der Spiegel reports, while US President Obama 'supports' Chancellor Merkel's efforts at finding a diplomatic solution to the Ukraine crisis, hawks in Washington seem determined to torpedo Berlin's approach. And NATO's top commander in Europe hasn't been helping either with sources in the Chancellery have referred to Breedlove's comments as "dangerous propaganda."
A secret agreement that was enacted five years ago at the Federal
Reserve has just come to light. Known as the ‘Triangle Document,’ it
purports to take away regulatory power from the New York Fed branch –
long known as the most important outpost for the private
quasi-government institution – and put it in the hands of the Fed’s
Board of Governors in Washington, D.C.Until 2010, when the document was produced, the big banks essentially enjoyed self-regulation, with significant power over the board.
Class A and Class B NY Fed board members are elected directly by member banks, with Class C members in turn elected by the board (not much different, really). JPMorgan Chase CEO Jamie Dimon – intricately involved in the post-2008 bailout controversy – was the Class A director for the New York Fed board for six years until his term expired in 2013.
Read More @ SHTFPlan.com
A bill ensuring that Arizona residents can use gold and silver as legal
money is one step closer to the governor’s desk, after it passed
through an important Senate committee and has already passed the House.Arizona State Representative Mark Finchem, who introduced the bill, said the problem with a system based solely on Federal Reserve notes is that it is subject to inflation, so the buying power of each dollar decreases over time, reported the Arizona Daily Star.
“When we have a fiat currency that is continually bouncing up and down relative to the price of oil and other market conditions, we are at risk,” he said.
Read More @ FreedomOutpost.com
by Jordan Roy-Byrne, Gold Seek:
Gold had held up well in recent months considering the upside explosion
in the US$ index. That is because Gold surged nearly 21% against
foreign currencies in three months. Yet, this is not enough to carry
Gold. Its rebound petered out (in nominal and real terms) after the
Swiss news and has growing downside momentum due to the surging US$
index. We’ve seen some positive developments under the surface for
precious metals but its clear the sector won’t begin a sustained rebound
until the US$ reaches its next peak.
Gold priced in foreign currencies (FC), as discussed repeatedly is often a leading indicator for Gold as shown below. Gold/FC led Gold higher during the 2001 and 2008 bottoms and led Gold to new highs in 2001, 2005 and 2009. The current period could be similar to 2000-2001 during which Gold/FC trended higher as Gold trended lower. Then, the first divergence showed up in February 2000. Gold stocks bottomed nine months later and Gold bottomed 13 months later. The first big divergence this time around was near the end of October 2014.
Read More @ GoldSeek.com
Gold had held up well in recent months considering the upside explosion
in the US$ index. That is because Gold surged nearly 21% against
foreign currencies in three months. Yet, this is not enough to carry
Gold. Its rebound petered out (in nominal and real terms) after the
Swiss news and has growing downside momentum due to the surging US$
index. We’ve seen some positive developments under the surface for
precious metals but its clear the sector won’t begin a sustained rebound
until the US$ reaches its next peak.Gold priced in foreign currencies (FC), as discussed repeatedly is often a leading indicator for Gold as shown below. Gold/FC led Gold higher during the 2001 and 2008 bottoms and led Gold to new highs in 2001, 2005 and 2009. The current period could be similar to 2000-2001 during which Gold/FC trended higher as Gold trended lower. Then, the first divergence showed up in February 2000. Gold stocks bottomed nine months later and Gold bottomed 13 months later. The first big divergence this time around was near the end of October 2014.
Read More @ GoldSeek.com
The ECB's Lunatic Full Monty Treatment
Submitted by Tyler Durden on 03/07/2015 - 18:00 The belief that the market economy requires “steering” by altruistic central bankers, who make decisions influencing the entire economy based on their personal epiphanies, has rarely been more pronounced than today... Whether this is seen as good or bad by the average citizen is not even up for debate: it is simply what the political and bureaucratic elites have long ago decided is good for the citizenry, since they think they know best.
Greek Minister Threatens Europe With Flood Of Jihadists And Immigrants If Greece Fails
Submitted by Tyler Durden on 03/07/2015 - 13:04 It wasn't even a full 24 hours after Greece raided at least some of the funds of its pension and other public entities in order to make a €310 payment to the IMF, the first of four this month (the balance is 350 million on March 13, 580 million on March 16 and another 350 million on March 20), that the insolvent country resumed doing what it does best: dispensing hollow threats. This time it was its foreign minister and leader of the Independent Greeks party - Syriza's junion coalition partner - Nikos Kotzias, who showed how to bluff like the best of them, when he threatened that "there will be tens of millions of immigrants and thousands of jihadists, if you take out Greece" the minister said on before EU foreign ministers meeting in Riga.
Two Men Charged Over Nemtsov's Murder, Opposition Fear Scapegoating
Submitted by Tyler Durden on 03/07/2015 - 12:00 Two men from Russia’s southern region of the North Caucasus, have been detained, according to FSB chief Aleksandr Bortnikov, suspected of the murder of Boris Nemtsov. As Reuters reports, The Investigative Committee, the state body leading the investigation, named the two men as Anzor Gubashev and Zaur Dadayev, and said they were "involved in the organization and execution of the killing," of Nemtsov. Opposition politicians fear scapegoating once again as past high-profile killings in Russia have led to people being jailed for pulling the trigger - often hired hitmen from the Caucasus - while investigators have failed to track down those who ordered the assassinations.
Jim Bianco Explains Why QE Failed, And Why The ECB Is Making The Same Mistake As The Fed
Submitted by Tyler Durden on 03/07/2015 - 14:47 "Today, if you own an asset, say stocks or a home, and it went up in price, you do not perceive it as permanent. You fear it could go back down and you spend none of that money. You are not going to alter your investment decisions or your business decisions. That is why the QE-programs did not work. The goal of the Fed was to push up asset prices. With that in mind, they do not want asset prices to go down because they think it will create a reverse wealth effect. QE has been all about pushing up markets and they are not going to throw that to the wind.... By pushing up asset prices ECB president Draghi is going to make the same mistake as the Fed."
How America Added 17 Million People In 7 Years... And Zero Full-Time Jobs
Submitted by Tyler Durden on 03/07/2015 - 16:37 The US population grew from February 2008 to February 2015 by 16.8 million persons, or a 5.5% increase in total population, and on a net basis, not a single one of those 16.8 million persons got a FT (full time) job… while a net 2.7 million were lucky enough to get a (or multiple) PT (part time) job.
Joe Biden Releases (Both) Emails He Wrote As VP
Submitted by Tyler Durden on 03/07/2015 - 16:06 In what could be a prelude to a Presidential run in 2016, on Friday Joe Biden released to the public both e-mails that he has written while serving as Vice-President for the past six years...
"Cruelest Winter Ever" As California's Snowpack Drops To Record Low
Submitted by Tyler Durden on 03/07/2015 - 15:42 "This has been what I'm now calling the 'cruelest' winter I've ever seen," exclaims the CEO of one California ski resort... and he is right. According to official records, California's snowpack is the lowest on record for this time of year at around a mere 20% of the average since records began.
Goldman Confirms Subprime Responsible For Collapse In Auto Sales
Submitted by Tyler Durden on 03/07/2015 - 13:30 Goldman confirms precisely what we’ve been saying all along which is that the risks inherent in subprime lending are materializing and at the margin, growth in US auto sales has all been created by lowering credit standards and extending terms to a whole load of 'new' auto buyers.
The Threat To The Dollar As The World’s Primary Reserve Currency
Submitted by Tyler Durden on 03/07/2015 - 10:24 We need to look at the concept of a reserve currency differently, because it is important. We need to look at it as a privilege and a responsibility and not as a weapon we can use against the rest of the world. If we abolish, or even lessen, legal tender laws and allow the process of price discovery to reveal the best sound money, if we allow our US dollar to become the best money it can - a truly sound money - then the chances of our personal and collective prosperity are greatly enhanced. We all have the same interest. We all want to have the highest standard of living for ourselves and our families. A sound money reserve currency offers us the best chance of achieving our shared goal; therefore, we should rally around every effort to make it so.
by S. D. Wells, Natural News:
Oh, the power of the pen, the sword and the needle. Politicians invest
their own family fortunes into campaigns with one major goal in mind —
double, triple or quadruple their investment. Most politicians are so
steeped in their power trips that they simply lie to everyone, including
themselves, all day. On top of that, their decisions that are so
heavily based on money are coerced into place by lobbyists from very
powerful corporations, just as it was in the days of Adolf Hitler. His
“Monsanto” was called IG Farben. That was the pharmaceutical
conglomeration that ran the vaccine and death camp gas industry, and that was the HUGE corporation that the USA conveniently DID NOT bomb. Why?
American politicians are quite nefarious. Maybe they were sitting around thinking how cool it was that Hitler could control so many people by making them weak with fluoridated water, zero nutrition, medical abuse, and total lack of freedom and free choice.
Read More @ NaturalNews.com
Oh, the power of the pen, the sword and the needle. Politicians invest
their own family fortunes into campaigns with one major goal in mind —
double, triple or quadruple their investment. Most politicians are so
steeped in their power trips that they simply lie to everyone, including
themselves, all day. On top of that, their decisions that are so
heavily based on money are coerced into place by lobbyists from very
powerful corporations, just as it was in the days of Adolf Hitler. His
“Monsanto” was called IG Farben. That was the pharmaceutical
conglomeration that ran the vaccine and death camp gas industry, and that was the HUGE corporation that the USA conveniently DID NOT bomb. Why?American politicians are quite nefarious. Maybe they were sitting around thinking how cool it was that Hitler could control so many people by making them weak with fluoridated water, zero nutrition, medical abuse, and total lack of freedom and free choice.
Read More @ NaturalNews.com
from Survival Blog:
EMP attack is often considered the most rigorous of survivalist
situations, due to the likely complete loss of electrical grid, many
vehicles, and many transistorized/computerized products. Our group
worked to provide post-EMP communications that would allow effective
communications post-event. We had two major requirements:
1.Short Range Communications. Two, separate, defense-hardened homes that were approximately 30 miles apart had to be able to communicate across a medium-sized city, and
2.Long Range Communications. Both homes had to be able to receive news from in-state and out-of-state sources. These were considered necessary to receive adequate advance warning of defense issues, such as advancing bandits or armies.
Read More @ SurvivalBlog.com
EMP attack is often considered the most rigorous of survivalist
situations, due to the likely complete loss of electrical grid, many
vehicles, and many transistorized/computerized products. Our group
worked to provide post-EMP communications that would allow effective
communications post-event. We had two major requirements:1.Short Range Communications. Two, separate, defense-hardened homes that were approximately 30 miles apart had to be able to communicate across a medium-sized city, and
2.Long Range Communications. Both homes had to be able to receive news from in-state and out-of-state sources. These were considered necessary to receive adequate advance warning of defense issues, such as advancing bandits or armies.
Read More @ SurvivalBlog.com
from The Burning Platform:
This shit is almost too funny to read. The Bureau of Lies & Scams
(BLS) just issued their seasonally adjusted, excel spreadsheet enhanced,
monthly propaganda data for February. They have the balls to report
that an economy that is hemorrhaging energy jobs, seeing retailers close
stores by the hundreds, has seen manufacturing new orders decline for
six straight months, has corporate profits falling, has real median
household income sitting at 1989 levels and has seen 80% of all economic
reports miss to the downside is creating 295,000 new jobs in the middle
of the coldest, snowiest February in years. The BLS uses classic
government logic. When in doubt, lie.
Read More @ TheBurningPlatform.com
This shit is almost too funny to read. The Bureau of Lies & Scams
(BLS) just issued their seasonally adjusted, excel spreadsheet enhanced,
monthly propaganda data for February. They have the balls to report
that an economy that is hemorrhaging energy jobs, seeing retailers close
stores by the hundreds, has seen manufacturing new orders decline for
six straight months, has corporate profits falling, has real median
household income sitting at 1989 levels and has seen 80% of all economic
reports miss to the downside is creating 295,000 new jobs in the middle
of the coldest, snowiest February in years. The BLS uses classic
government logic. When in doubt, lie.Read More @ TheBurningPlatform.com
from The Daily Sheeple:
As if the entire upper echelon of the U.S. government — essentially a
for-profit corporation front for other mega corporations — isn’t so
patently stinking corrupt the filthy, putrid reek of it probably extends
into outer space, now this.
News is breaking that New Jersey Dem. Senator Menendez is going to be charged with corruption. CNN is reporting the following:
The government’s case centers on Menendez’s relationship with Salomon Melgen, a Florida ophthalmologist who the senator has called a friend and political supporter. Melgen and his family have been generous donors to the senator and various committees the senator is associated with.
Read More @ TheDailySheeple.com
As if the entire upper echelon of the U.S. government — essentially a
for-profit corporation front for other mega corporations — isn’t so
patently stinking corrupt the filthy, putrid reek of it probably extends
into outer space, now this.News is breaking that New Jersey Dem. Senator Menendez is going to be charged with corruption. CNN is reporting the following:
The government’s case centers on Menendez’s relationship with Salomon Melgen, a Florida ophthalmologist who the senator has called a friend and political supporter. Melgen and his family have been generous donors to the senator and various committees the senator is associated with.
Read More @ TheDailySheeple.com
from SRSrocco Report:
There’s many good reasons to own silver. However, one of the most
important is shown in the chart below. Investors don’t realize the huge
problems facing the U.S. and world going forward. While some more
enlightened investors understand the upcoming calamity due to our highly
leveraged debt-based fiat monetary system, most have no idea just how
bad things will get in the future.
This goes way beyond protecting ones wealth with precious metals in a collapsing fiat monetary system. When the fiat monetary system disintegrates, so will the JUST IN TIME SUPPLY CHAIN SYSTEM in which we most certainly depend on for our goods and services.
Read More…
There’s many good reasons to own silver. However, one of the most
important is shown in the chart below. Investors don’t realize the huge
problems facing the U.S. and world going forward. While some more
enlightened investors understand the upcoming calamity due to our highly
leveraged debt-based fiat monetary system, most have no idea just how
bad things will get in the future.This goes way beyond protecting ones wealth with precious metals in a collapsing fiat monetary system. When the fiat monetary system disintegrates, so will the JUST IN TIME SUPPLY CHAIN SYSTEM in which we most certainly depend on for our goods and services.
Read More…
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
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