Tsipras and likeminded SYRIZA officials proved they’re like all the
rest – masquerading as populists, governing like corporate tools, ready
to unleash police state harshness against public anger over betrayal at
its discretion.The price for new bailout funding (mostly earmarked to pay bankers, not aid its crippled economy) is loss of Greek sovereignty – surrendering it to Troika bandits, a death blow to democracy’s birthplace.
On Monday, modern Greece died. Troika coup d’etat rule replaced its elected government – serving monied interests exclusively at the expense of equity, justice and fundamental human rights.
Read More @ Thesleuthjournal.com
Ashley Madison Hacked: America's 37 Million 'Cheaters' About To Be Exposed
Submitted by Tyler Durden on 07/20/2015 - 10:02 Large caches of data stolen from online cheating site AshleyMadison.com have been posted online by an individual or group that claims to have completely compromised the company’s user databases, financial records and other proprietary information (including profiles with all the customers’ secret sexual fantasies). The hacker group "The Impact Team" manifesto concludes, "too bad for those [37 million] men, they’re cheating dirtbags and deserve no such discretion."GOLD AND SILVER ON SALE...Back the truck up...
Remember...
The Sheeplez Always do the Wrong thing...At Exactly the Wrong time...Banker Bastards and Governments Depend on it and are Never Disappointed...
from KingWorldNews:
What is the reason for our unbroken confidence in gold? Our
predilection for gold is primarily based on our understanding of
monetary history. At the moment, it appears as though faith in the
omnipotence and infallibility of central banks is at an all-time high.
This goes hand in hand with new record highs in stocks and especially
government bonds. According to Jim Grant, who describes the price of
gold as the reciprocal of the credibility of central banks, this is
inter alia a likely explanation for the somewhat directionless
performance of the yellow metal. Should the omnipotence of central banks
be questioned by the markets, it could cause a fundamental change in
perceptions and help gold regain its former respect and reach new
heights.
“Time is the best teacher, but unfortunately, it kills all of its students.” — Robin Williams
In addition, our analysis is reinforced by a comparison of the current situation with that of the last great bull market of the 1970s and how it ended. There is a fundamental difference: Back then the Fed tried to end the trend of rising price inflation with restrictive monetary policy, but today central bankers around the world are trying their best to create accelerating price inflation. The stronger the systemic desire for rising prices becomes, the more creative and radical the actions of policymakers become in order to attain this goal.
Ronald-Peter Stoferle Continues @ KingWorldNews.com
What is the reason for our unbroken confidence in gold? Our
predilection for gold is primarily based on our understanding of
monetary history. At the moment, it appears as though faith in the
omnipotence and infallibility of central banks is at an all-time high.
This goes hand in hand with new record highs in stocks and especially
government bonds. According to Jim Grant, who describes the price of
gold as the reciprocal of the credibility of central banks, this is
inter alia a likely explanation for the somewhat directionless
performance of the yellow metal. Should the omnipotence of central banks
be questioned by the markets, it could cause a fundamental change in
perceptions and help gold regain its former respect and reach new
heights.“Time is the best teacher, but unfortunately, it kills all of its students.” — Robin Williams
In addition, our analysis is reinforced by a comparison of the current situation with that of the last great bull market of the 1970s and how it ended. There is a fundamental difference: Back then the Fed tried to end the trend of rising price inflation with restrictive monetary policy, but today central bankers around the world are trying their best to create accelerating price inflation. The stronger the systemic desire for rising prices becomes, the more creative and radical the actions of policymakers become in order to attain this goal.
Ronald-Peter Stoferle Continues @ KingWorldNews.com
Gold, Precious Metals Flash Crash Following $2.7 Billion Notional Dump
Submitted by Tyler Durden on 07/19/2015 - 23:49
from The Wealth Watchman:
In the late-evening hours, gold(along with silver, platinum, and copper) was taken to the cleaners. The powerful clotheslining began with “someone” machine-gunning the entire the metals complex, particularly gold. How powerful was it? Take a look at this chart:
Read More…
Bang Bang
Well friends, I had intended to write on something different today,
until I saw what happened last night on the gold scene. I’d had an
eerie feeling all weekend that something was likely to occur there on
par with the silver drive-by shooting over 4 years ago, and on this
occasion the usual suspects didn’t disappoint. To quote a famous, New
York Yankees catcher, it was “deja-vu all over again”.In the late-evening hours, gold(along with silver, platinum, and copper) was taken to the cleaners. The powerful clotheslining began with “someone” machine-gunning the entire the metals complex, particularly gold. How powerful was it? Take a look at this chart:
Read More…
from Jesse’s Café Américain:
“Gold has worked down from Alexander’s time. When something holds
good for two thousand years I do not believe it can be so because of
prejudice or mistaken theory.”
Bernard M. Baruch
Asia continues to add significant amounts of gold bullion to their wealth reserves.
Wall Street and its sycophants would like us to consider gold to be just ‘a pet rock’ or ‘like trading sardines.’ And yet central banks have turned to be net buyers, and Asia and the Mideast continue to buy bullion in record amounts. Talk to the Chan.
One of the few coherent things Alan Greenspan said was that statists of all persuasions, both right and left, have ‘an almost hysterical antagonism towards gold.’ This is because gold resists their will to power over others.
Read More @ Jessescrossroadscafe.blogspot.ca
“Gold has worked down from Alexander’s time. When something holds
good for two thousand years I do not believe it can be so because of
prejudice or mistaken theory.”Bernard M. Baruch
Asia continues to add significant amounts of gold bullion to their wealth reserves.
Wall Street and its sycophants would like us to consider gold to be just ‘a pet rock’ or ‘like trading sardines.’ And yet central banks have turned to be net buyers, and Asia and the Mideast continue to buy bullion in record amounts. Talk to the Chan.
One of the few coherent things Alan Greenspan said was that statists of all persuasions, both right and left, have ‘an almost hysterical antagonism towards gold.’ This is because gold resists their will to power over others.
Read More @ Jessescrossroadscafe.blogspot.ca
by Jeff Berwick, Dollar Vigilante:
There are few countries in the world whose citizens have been more
systematically deceived, dumbed-down and propagandized than Americans.
The only country I can think of that is notably worse is North Korea.
But, I’ll bet even in North Korea they know that a 10 ounce silver bar
is worth more than a chocolate bar… although they may take the chocolate
bar there to avoid starvation… but that isn’t the case in the home of
morbid obesity, the US.
This recent ‘man on the street’ interview with local Kalifornians offering them a chocolate bar or a 10 ounce silver bar makes the point for us. Of course, a 10 ounce silver bar is worth about $150 today. The chocolate bar, about $1. And that’s completely aside from the fact that we recommend not taking food products from random people on the street and eating them!
These same people, if asked, would probably say they live in the Land of the Free because of the constitution… but have no idea that it says in the constitution that “no state may make anything but gold and silver coin a tender in payment of debts.”
Read More @ Dollarvigilante.com
There are few countries in the world whose citizens have been more
systematically deceived, dumbed-down and propagandized than Americans.
The only country I can think of that is notably worse is North Korea.
But, I’ll bet even in North Korea they know that a 10 ounce silver bar
is worth more than a chocolate bar… although they may take the chocolate
bar there to avoid starvation… but that isn’t the case in the home of
morbid obesity, the US.This recent ‘man on the street’ interview with local Kalifornians offering them a chocolate bar or a 10 ounce silver bar makes the point for us. Of course, a 10 ounce silver bar is worth about $150 today. The chocolate bar, about $1. And that’s completely aside from the fact that we recommend not taking food products from random people on the street and eating them!
These same people, if asked, would probably say they live in the Land of the Free because of the constitution… but have no idea that it says in the constitution that “no state may make anything but gold and silver coin a tender in payment of debts.”
Read More @ Dollarvigilante.com
from Perth Mint:
As always, please make sure you’ve read The Mechanics Of The Chinese Domestic Gold Market before continuing.
Finally last Friday the People’s Bank Of China (PBOC) updated its official gold reserves, from 1,054 tonnes, a figure reported since 2009, to 1,658 tonnes. Most gold analysts expected a number substantially higher than what was just disclosed. In this post we’ll analyze the 1,658 tonnes figure.
Before diving into the analysis, I like to share that I think it’s possible the PBOC hasn’t been completely honest by stating their gold reserves have grown by only 604 tonnes since 2009. I think in reality they have a little more than 1,658 tonnes, but let’s discuss that later on. In my analysis, I always try to start with official data and work my way from there, instead of start with speculative data and work backwards. It’s very easy in the gold space to rebut all official data, mainly because there is so much speculation. Therefor, I would like to start with the figure just disclosed, then I’ll try to answer, why 1,658 tonnes?
Read More @ PerthMint.com.au
As always, please make sure you’ve read The Mechanics Of The Chinese Domestic Gold Market before continuing.Finally last Friday the People’s Bank Of China (PBOC) updated its official gold reserves, from 1,054 tonnes, a figure reported since 2009, to 1,658 tonnes. Most gold analysts expected a number substantially higher than what was just disclosed. In this post we’ll analyze the 1,658 tonnes figure.
Before diving into the analysis, I like to share that I think it’s possible the PBOC hasn’t been completely honest by stating their gold reserves have grown by only 604 tonnes since 2009. I think in reality they have a little more than 1,658 tonnes, but let’s discuss that later on. In my analysis, I always try to start with official data and work my way from there, instead of start with speculative data and work backwards. It’s very easy in the gold space to rebut all official data, mainly because there is so much speculation. Therefor, I would like to start with the figure just disclosed, then I’ll try to answer, why 1,658 tonnes?
Read More @ PerthMint.com.au
Greeks Get First Look At Their Future: Long Bank Lines And Punishing Taxes
Submitted by Tyler Durden on 07/20/2015 - 07:39
Treasuries Are Dumping After Bullard's "September More Likely" Rate Hike Comments
Submitted by Tyler Durden on 07/20/2015 - 08:49 Overnight we saw a flush in precious metals, with no apparent catalyst, and now we are seeing US Treasuries extreme volatility as earlier strength extending gains from last week, are unceremoniously and suddenly dumped after Fed's Bullard warned markets that the probability of a September rate hike is now above 50%. Of course, thanks to meltups pre-market in FB, GOOG, and AAPL, stock indices don't care at all.
Futures Levitate After Greek Creditors Repay Themselves; Commodities Tumble To 13 Year Low
Submitted by Tyler Durden on 07/20/2015 - 06:52 Today's action is so far an exact replica of Friday's zero-volume ES overnight levitation higher (even if Europe's derivatives market, the EUREX exchange, did break at the open for good measure leading to a delayed market open just to make sure nobody sells) with the "catalyst" today being the official Greek repayment to both the ECB and the IMF which will use up €6.8 billion of the €7.2 billion bridge loan the EU just handed over Athens so it can immediately repay its creditors. In other words, Greek creditors including the ECB, just repaid themselves once again. One thing which is not "one-time" or "non-recurring" is the total collapse in commodities, which after last night's precious metals flash crash has sent the Bloomberg commodity complex to a 13 year low.
by Ethan A. Huff, Natural News:
The flow of science in this modern age is largely controlled by just
six corporate publishing groups, which by calculated design have been
gobbling up the journal market since at least the 1970s. And a new study
out of Canada reveals that this mass consolidation of publishing power
is, to a large extent, skewing what passes as scientific progress.
Researchers from the University of Montreal pored through the whole of scientific literature published between 1973 and 2013 and found that the publishing realm has changed dramatically during this time. Many smaller publishers have been absorbed into larger ones, for instance, and academic research groups have become increasingly beholden to the interests of these major publishers, which tend to favor large industries like pharmaceuticals and vaccines.
Much of the independence that was once cherished within the scientific community, in other words, has gone by the wayside as these major publishers have taken control and now dictate what types of content get published. The result is a publishing oligopoly in which scientists are muzzled by and overarching trend toward politically correct, and industry-favoring, “science.”
Read More @ NaturalNews.com
The flow of science in this modern age is largely controlled by just
six corporate publishing groups, which by calculated design have been
gobbling up the journal market since at least the 1970s. And a new study
out of Canada reveals that this mass consolidation of publishing power
is, to a large extent, skewing what passes as scientific progress.Researchers from the University of Montreal pored through the whole of scientific literature published between 1973 and 2013 and found that the publishing realm has changed dramatically during this time. Many smaller publishers have been absorbed into larger ones, for instance, and academic research groups have become increasingly beholden to the interests of these major publishers, which tend to favor large industries like pharmaceuticals and vaccines.
Much of the independence that was once cherished within the scientific community, in other words, has gone by the wayside as these major publishers have taken control and now dictate what types of content get published. The result is a publishing oligopoly in which scientists are muzzled by and overarching trend toward politically correct, and industry-favoring, “science.”
Read More @ NaturalNews.com
Key Events In The Coming Snoozer Of A Week
Submitted by Tyler Durden on 07/20/2015 - 09:03
We Need A Crash To Sort The Wheat From The Chaff
Submitted by Tyler Durden on 07/20/2015 - 08:32 The only way to sort the wheat (real collateral based on enterprise value) from the chaff (phantom collateral created by central banks' speculative bubbles) is for a crash to force price discovery and the cramdown of losses.
Two well-known financial forecasters claim that virtually all
governments worldwide will be hit with a gigantic economic crisis in the
first week of October 2015.Martin Armstrong is a controversial market analyst who correctly predicted the 1987 crash, the top of the Japanese market, and many other market events … more or less to the day. Many market timers think that Armstrong is one of the very best.
(On the other hand, he was jailed for 11 years on allegations of contempt, fraud and an alleged Ponzi scheme. Armstrong’s supporters say the government jailed him on trumped-up charges as a way to try to pressure him into handing over his forecasting program).
Read More @ WashingtonsBlog.com
Terrorist Bomb Blast In Turkish Town Leaves Dozens Dead: Moment Of Explosion Caught On Video
Submitted by Tyler Durden on 07/20/2015 - 08:07 Several hours ago, in yet another deadly bomb attack attributed to ISIS, at least 27 people were killed and more than 100 others injured in a powerful explosion in the town of Suruc in southeastern Turkey, 10 km from the Syrian border and across from the heavily contested town of Kobane in Syria where surprise ISIS attacks killed more than 200 people last month.
The Song Remains The Same
Submitted by Tyler Durden on 07/20/2015 - 09:21 We love reading quotes from Hussman in 2000 and 2007. The air is getting pretty thin up here. A stock market driven by Google, Apple, Netflix and a few other tech darlings with no earnings does not make a market. Time is running out for the bulls. The same morons on CNBC ridiculed and scorned his facts then and they scorn and ridicule him now. Do we trust Jim Cramer and Steve Liesman or John Hussman? Guess.
by Michael Snyder, End of The American Dream:
Thanks to Barack Obama, it is only a matter of time before Israel
feels forced to conduct a massive military strike against Iran’s nuclear
program. When that happens, Iran will strike back, and hundreds if not
thousands of missiles will rain down on Israel. This exchange will
likely spark a major regional war in the Middle East, and that could end
up plunging the entire planet into chaos. If Barack Obama was
attempting to prevent such a scenario from playing out, he failed
miserably. Personally, I think that the deal that was just made with
Iran is absolutely horrible. Perhaps you disagree. Perhaps you believe
that it is the greatest piece of diplomacy of all time. But it doesn’t
really matter what any of us think. If this deal was going to work, it
had to be strong enough to convince Israel that Iran’s pursuit of
nuclear weapons has been completely stopped. Israeli Prime Minister
Benjamin Netanyahu has sworn that he will never, ever let Iran get a
nuclear weapon, and he has pledged to use military force if necessary.
So what Barack Obama needed was a deal that would calm Israeli nerves
while satisfying the Iranians at the same time. Such a deal may have
theoretically been impossible, but that is what it was going to take to
prevent war. Instead, Obama has made a deal which has utterly horrified
the Israeli government. Israeli Prime Minister Benjamin Netanyahu even
called it “a license to kill“. So now the odds that war will happen have gone way up, but Barack Obama is too busy congratulating himself to notice.
Read More…
Thanks to Barack Obama, it is only a matter of time before Israel
feels forced to conduct a massive military strike against Iran’s nuclear
program. When that happens, Iran will strike back, and hundreds if not
thousands of missiles will rain down on Israel. This exchange will
likely spark a major regional war in the Middle East, and that could end
up plunging the entire planet into chaos. If Barack Obama was
attempting to prevent such a scenario from playing out, he failed
miserably. Personally, I think that the deal that was just made with
Iran is absolutely horrible. Perhaps you disagree. Perhaps you believe
that it is the greatest piece of diplomacy of all time. But it doesn’t
really matter what any of us think. If this deal was going to work, it
had to be strong enough to convince Israel that Iran’s pursuit of
nuclear weapons has been completely stopped. Israeli Prime Minister
Benjamin Netanyahu has sworn that he will never, ever let Iran get a
nuclear weapon, and he has pledged to use military force if necessary.
So what Barack Obama needed was a deal that would calm Israeli nerves
while satisfying the Iranians at the same time. Such a deal may have
theoretically been impossible, but that is what it was going to take to
prevent war. Instead, Obama has made a deal which has utterly horrified
the Israeli government. Israeli Prime Minister Benjamin Netanyahu even
called it “a license to kill“. So now the odds that war will happen have gone way up, but Barack Obama is too busy congratulating himself to notice.Read More…
filed under Fuck the EU...
from TheMoneyGPS:
by Brandon Turbeville, Activist Post:
Whenever one thinks the Obama administration’s war on the Second
Amendment couldn’t get any more insane, Barack Obama prances onto the
stage to prove everyone wrong yet again.
This time, it is not merely a carefully planned and orchestrated jig on the graves of mass shooting victims or pathetic whining about “gun crime” and the amount of time he must give regarding the issue. It is a push to ban a large number of Social Security benefits recipients from owning guns.
That’s correct. When the Obama administration can’t get its way by attacking gun owners head on, it merely turns to extorting the elderly and disabled whom it holds hostage via their need to receive Social Security benefits – benefits I might add, that are owed to them.
Read More @ ActivistPost.com
Whenever one thinks the Obama administration’s war on the Second
Amendment couldn’t get any more insane, Barack Obama prances onto the
stage to prove everyone wrong yet again.This time, it is not merely a carefully planned and orchestrated jig on the graves of mass shooting victims or pathetic whining about “gun crime” and the amount of time he must give regarding the issue. It is a push to ban a large number of Social Security benefits recipients from owning guns.
That’s correct. When the Obama administration can’t get its way by attacking gun owners head on, it merely turns to extorting the elderly and disabled whom it holds hostage via their need to receive Social Security benefits – benefits I might add, that are owed to them.
Read More @ ActivistPost.com
IMHO mccain was and is a Traitor...
from RT:
by Max Hernandez, The Daily Bell:
We are, for the first time in the history of the human race,
experiencing something new in the body politic. Until recently, coercive
political organizations were limited in their ability to control their
fellow human beings. They simply didn’t have the information, or the
communications, or the reach to force everyone at every level of their
society to bow to their will. With the exception of the printing press,
the tools governments had during the American Revolution to control
their populations were no different from those available to the Kings of
Sumer or ancient Egypt.
Then, about 200 years ago, that started to change. Beginning with the telegraph and the railroad, science gave them new ways to enforce conformity. Now, with evolutions in the control of money, surveillance, communications and data management, their ability to construct the ultimate totalitarian state seems unstoppable.
Read More @ TheDailyBell.com
We are, for the first time in the history of the human race,
experiencing something new in the body politic. Until recently, coercive
political organizations were limited in their ability to control their
fellow human beings. They simply didn’t have the information, or the
communications, or the reach to force everyone at every level of their
society to bow to their will. With the exception of the printing press,
the tools governments had during the American Revolution to control
their populations were no different from those available to the Kings of
Sumer or ancient Egypt.Then, about 200 years ago, that started to change. Beginning with the telegraph and the railroad, science gave them new ways to enforce conformity. Now, with evolutions in the control of money, surveillance, communications and data management, their ability to construct the ultimate totalitarian state seems unstoppable.
Read More @ TheDailyBell.com
by Kurt Nimmo, Infowars:
Retired US Army General and the former Supreme Allied Commander of
Europe for NATO Wesley Clark advocates rounding up “radicalized” and
“disloyal” Americans and putting them in internment camps for the
“duration” of the war on terror. “In World War II if someone supported
Nazi Germany at the expense of the United States, we didn’t say that was
freedom of speech, we put him in a camp, they were prisoners of war,”
Clark told MSNBC.
The difference is that World War II was a war declared under Article I, Section 8, Clause II of the Constitution whereas the war on terror is undeclared and thus illegal.
Clark is in essence advocating a life sentence for people who have not committed a crime but merely engaged in speech — often reprehensible, yet constitutionally protected — the government considers radical and in opposition to its foreign policy.
Read More @ Infowars.com
Retired US Army General and the former Supreme Allied Commander of
Europe for NATO Wesley Clark advocates rounding up “radicalized” and
“disloyal” Americans and putting them in internment camps for the
“duration” of the war on terror. “In World War II if someone supported
Nazi Germany at the expense of the United States, we didn’t say that was
freedom of speech, we put him in a camp, they were prisoners of war,”
Clark told MSNBC.The difference is that World War II was a war declared under Article I, Section 8, Clause II of the Constitution whereas the war on terror is undeclared and thus illegal.
Clark is in essence advocating a life sentence for people who have not committed a crime but merely engaged in speech — often reprehensible, yet constitutionally protected — the government considers radical and in opposition to its foreign policy.
Read More @ Infowars.com
Democratic presidential candidates Bernie Sanders and Martin O’Malley
arrived at the annual Netroots Nation convention hoping to impress some
of the party’s most influential liberal activists. Things didn’t exactly
go as planned.Demonstrators protesting cases of police brutality and the treatment of black Americans by law enforcement disrupted a presidential forum Saturday as O’Malley, a former Maryland governor, was interviewed on stage. The group later heckled Sanders.
The raucous scene unfolded when a large group of protesters streamed into the convention hall chanting, “Black lives matter!” As O’Malley and interviewer Jose Antonio Vargas looked on, one of the group’s leaders took over the stage and addressed the audience as the largely female group of demonstrators railed against police-involved shootings, the treatment of immigrants and Arizona’s racial history.
Read More @ CNS News.com:
SPECIAL MEETING OF THE BOARD OF SUPERVISORS to be held on Tuesday, July 21, 2015 AT 10:00 AM in the Covington Chambers, First Floor, County Government Center, 385 North Arrowhead Avenue, San Bernardino, California.
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