While to many Quantitative Tightening is a novel concept, the reality is that China (+ Euroclear) have been dumping Treasurys and liquidating reserves since January when total holdings peaked at $1.6 trillion last summer, and have since declined to $1.38 trillion. It means that China has sold a quarter trillion dollars worth of Treasurys in the past year, in the process offsetting what would have been about 25% of the Fed's QE3.
With US Warships En Route To Islands, China Asks: "What On Earth Makes Them Think We Will Tolerate This?""The United States' provocative attempts to infringe on China's South China Sea sovereignty are sabotaging regional peace and stability and militarizing the waters.What on earth makes the United States think China should and will tolerate it when U.S. surface ships trespass on Chinese territory in the South China Sea?"
There is a war, a currency war, and the war is, ultimately, on us.
In many respects, Americans have fallen far, and hard, from the liberty they once had.
Rather than living under a sound currency, modern Americans live under an economic despotism. There are monopoly men who tightly control the money, and are all the more insidious in their subtlety, and quietness in the shadows.
"A handful of these so-called unicorns will become the great, enduring companies of tomorrow. But a good number seem the flimsiest of edifices. There is also a false sense of security provided by the private markets... some of these valuations are illusory ...Most of the leaders of the subprime unicorns who continue to enjoy the fruits of the private market delude themselves..." -Michael Moritz, Chairman, Sequoia Capital
Submitted by Tyler Durden on 10/17/2015 - 13:00
Submitted by Tyler Durden on 10/17/2015 - 10:45 Gold price suppression! The amount of ink spilled on this topic could fill a supertanker. Goldbugs the world over believe in the suppression story as an article of faith, and indeed, the evidence that “something is happening” appears incontrovertible.
Submitted by Tyler Durden on 10/17/2015 - 10:20 Put yourself in the following situation for a moment. You're a Sunni extremist and your regional and Western backers have just abandoned you. You are now under siege by the Russian Air Force. If you survive the air strikes you will soon have to come face to face with the fiercest, most experienced Shiite militia on the planet in Hezbollah. Would you cut off your beard and run?
domestic inventories (liquidation beginning), the plunge in world trade, not the economic collapse in take your pick of Brazil (depression), China (credit endgame), India (exports/imports crash), and so on...
For the London media 7/7 is ‘done and dusted’, but for guest author, Tony Gosling, who helped cover the IRA London bombing campaign for the BBC, nothing could be further from the truth.
31-minute video: Ten years after 7/7: 13 holes in government & media account of 2005 London Bombings:
Monday 6th July 2015 BRISTOL – At lunchtime of 7th July 2005 the Guardian’s Mark Honigsbaum was in the London Hilton Hotel opposite Edgware Road underground station uploading an audio report to the Guardian website. Mark had been talking to dazed and injured passengers as they emerged from the smoke and chaos below and listening back to the Guardian’s first report of the day is unsettling.
F.B.I. agents are reportedly angry over President Obama’s decision last Sunday to weigh in concerning their ongoing investigation into Hillary Clinton’s use of a private email server.
Before the agency has had a chance to review over 30,000 of Clinton’s emails to determine if she mishandled classified information, the president told 60 Minutes, “I don’t think it posed a national security problem.” He went on to characterize her actions as a “mistake.” Obama also stated definitively, “This is not a situation in which America’s national security was endangered.”
Police in North Carolina may declare parts of the Charlotte metropolitan area off-limits to people who have been arrested for crimes, The Charlotte Observer reported this week.
The Charlotte-Mecklenburg Police Department says it is considering whether to propose an ordinance that would create “public safety zones,” in which anyone arrested for a crime would be banned from returning to the zone for a year.
The proposal is still in the development phase and would need to be approved by the city council’s community safety committee, Deputy City Attorney Mark Newbold told The Huffington Post. He added that the city has not yet determined which type of public areas would be included in this new policy. “As it sits right now, we’re still at the discussion level,” he said.
Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events told King World News that the gold and silver shorts are getting nervous as the mining shares have soared 38 percent in just 16 days.
Egon von Greyerz: “Eric, let’s start with some good news today. Gold is behaving as strongly as can be expected in this first phase of a very long and strong bull market. Gold is up over $80 in October, and every correction down is quickly retraced. This is typical bull market behavior. I would expect the shorts to already be very nervous. Every attempt to sell is now failing…
Earlier this year a remote controlled drone quadracopter was flown onto the White House lawn in a security breach that left the Secret Service embarrassed and looking like amateurs. The national security apparatus immediately went into overdrive looking for ways to mitigate future threats posed by the new robotic technologies and it’s not hard to see why. Assassination drones pose a serious threat to personal security, especially as it relates to high-profile figures like politicians.
In fact, law enforcement personnel are already weaponizing drones and just this year a teenage robotics hobbyist was able to arm one with a semi-automatic handgun.
A frequent Fox News guest cited as a terrorism expert due to an extensive career with the CIA has been arrested and charged with fraud relating to that very career. He is accused of lying on official government documents.
China has added another roughly 15 tonnes of gold — in OPEN MARKET PURCHASES. And with that, it’s now time to make this a sticky thread, as there can be no more doubt that China (and presumably Russia) are now in a “gold war” with the West.
If readers accept my premise, this “war” was provoked by the West, specifically, through the One Bank managing to convince India’s (new) corrupt government to begin to steal the gold of its own citizens, through a (fraudulent) “gold deposit scheme”, and (even more-fraudulent) “gold bonds”.
Indians Swapping Their Gold For ‘Magic Beans’
The One Bank (and its Indian lackeys) are currently TARGETING their scam to “reduce India’s imports” by 100’s of tonnes per year — even though Indian are still (supposedly) buying the same amount of “gold”.
Companies like Walmart and McDonalds’s have made their investors rich by squeezing costs and holding down prices. But it turns out that low costs means low wages, and as this model spread it contributed to the now-impossible-to-ignore migration of income and wealth from workers to owners of the capital and symbol manipulation skills that such a system demands.
Now these internal contradictions have come home to roost. Workers who were squeezed down to bare subsistence can’t afford to buy what American companies are selling. But they can demand a bigger piece of the pie via the ballot box and direct action. In May, for instance, McDonald’s headquarters was swamped by protesters demanding $15/hour starting pay.
Americans used to trust and respect the police in this country a whole lot more.
The article below was printed in the August 31, 1967 edition of the Des Moines Register. It featured the results of a Gallup Poll regarding respect for police and the existence of police brutality.
These poll figures on police from 50 years ago provide a startling glimpse at the rise of the modern American police state.
Not quite half a century ago, and following the summer riots in Detroit and other cities across the U.S. no less, most Americans trusted and respected the police. Nearly eight out of 10 adults responded they had a “great deal” of respect for police.
Silver looks like it has bottomed and will move substantially higher. Why?
Long Term – 25+ years: Examine the silver to gold ratio since 1990. The ratio is currently low and appears to have bottomed. Silver bottoms when the ratio bottoms. Expect a multi-year rally.
Medium Term – 15+ years. The US national debt is huge, moving higher, and has effectively zero chance of stabilizing or decreasing in the next decade. A poorly built mobile home is more likely to survive a Category 5 Hurricane than the US national debt will decrease.
– Gold’s Outlook For Year End 2015 and In 2016
– Gold’s Performance in the Coming Years: 2016-2020
– Coming Global Currency Reset
– Asset Allocation – How Much Gold?
– Owning Gold – How and Where?
We had the great pleasure of interviewing John Butler of Amphora Capitalyesterday and announced that John is now working as a consultant with GoldCore and helping us advise HNW clients and institutions on strategies with regard to allocating to gold.
The future of the planetary “Reign of Terror” has never been clearer. The pattern for global governance has been set into motion and operates under a model that has been used throughout much of history. The modern day version of command and control can be effectively described as Technofeudalism. The purpose of this introduction is to provide an outline of the arguments used by Steven Yates, Ph.D. The link to this significant treatise is provided below. In addition News With Views maintains an extensive archives of Dr. Yates’ work. Invest the time to read the entire essay for a full understanding of the linkage behind Technofeudalis and the course for top down dominance.
Technofeudalism Ascending comprises nine sections. Dr. Yates provides the following preface.
from Vlad Tepes Blog:
When you dare to take a look at the border town of Nickelsdorf, population 1,600, you will literally be blown away: uncontrolled, illegal migrants wherever you look, and an orgy of garbage and feces of unparalleled dimensions.
As early as arriving at the railway station in Nickelsdorf one will notice crowds surrounding ‘Trafiks’ (slang for tobacconist). An astonishingly high number of immigrants – or migrants, want to pay with 500 Euro-bills. The Trafikant is obviously overwhelmed by this payment method, which seems to have been going on for a long while now. The customers are baffled for being rejected due to lack of change.
The word out of China is that China is selling massive quantities of US Treasury bonds. At the same time China has been a huge buyer of gold. My thought is that China wants to back the yuan with gold and thus the yuan will be the world’s only gold-backed currency.
Countries Preparing For A Collapse In Global Fiat Currencies
In this way, China wants to be on an economic par with the US. Russia is also buying physical gold, as are most of the central banks. They may be preparing for a collapse in fiat currencies. I advise my subscribers to buy as much bullion gold as they can. It seems that the central banks don’t trust the garbage money that they themselves have created. Many veterans are now afraid to store money with banks or even with the government. They are buying small quantities of silver and gold because these items always represent wealth and will not decline in the bear market.
Retired Lt. Col. Robert Maginnis, a military strategist with the Pentagon, said on Wednesday that President Obama’s foreign policy in the Middle East has “accelerated Christian genocide” and left the region in chaos.
“[Obama’s] Middle East policies – what they are – not only have accelerated Christian genocide but have left the region totally in turmoil and inflamed,” said Maginnis at a discussion about his new book at the Family Research Council in Washington, D.C., where he is a senior fellow.
Maginnis said he believes Obama has shaped his foreign policy — including the fight against the so-called Islamic State and other terrorist groups that are perpetrating genocide — around his administration’s efforts to cut a nuclear deal with the Islamic state of Iran.
The Justice Department has created a “domestic terrorism” division after previously labeling libertarians and conservatives as “domestic extremists.”
Could it be that premier scientific journals are finally conveying the truth about GMOs? In a relatively recent exploration of ‘ubiquitous’ GMOs that have taken over our food supply, the New England Journal of Medicine tackles 2 new concerns over genetically modified organisms and the pesticides used to grow them.
As the journal points out, the omnipresence of GMOs are taken for granted by most physicians. They aren’t high on their list of health concerns, and barely receive a mention when patients come for a visit. This might start to change though, due to 2 fresh developments concerning GM crops.
1. The EPA Approved Enlist Due – A Toxic Herbicide Concoction