Saturday, October 17, 2015

Mainstream Media Finally Admits Syrian Conflict Is US-Russia Proxy War

It’s unfortunate that it took the corporate media all these years to" discover" that the United States and Russia are fighting a geopolitical proxy war in Syria. It remains to be seen how many more years and lost lives it will take for them to also "discover" that this proxy war is being fought over resources and power. It’s a sad state of affairs when the Western media provides humanitarian cover for the U.S. and NATO to fuel a brutal civil war simply to create economic advantages for NATO states and allies while undermining stability in the Middle East - creating the greatest humanitarian catastrophe since World War II. And as millions of refugees continue to pour out of Syria into Europe and abroad, the NATO-dominated public of the E.U. and U.S. remain largely ignorant to the fact their own governments helped create the refugee crisis they so abhor.

Mapping And Cataloguing The History Of ISIS-Inspired Attacks Across The Globe

Who Will Be Blamed?

"... you can bet that whenever an earthquake like this happens, especially when it’s triggered by two invisible tectonic plates like put gamma and call gamma and then cascades through arcane geologies like options expiration dates and ETF pricing software, both the media and self-interested parties will begin a mad rush to find someone or something a tad bit more obvious to blame. So you end up getting every investment process that uses a computer – from high frequency trading to risk parity allocations to derivative hedges – all lumped together in one big shotgun blast"

Economic Crisis: Feds take in Record $3,248,723,000,000 in Taxes, but still had $438.9B Deficit

from Off Grid Survival:

As the country slips deeper into debt, Treasury Secretary Jack Lew is warning congress that the U.S. debt limit will be exhausted Nov. 3rd. Lew warned that if congress fails to pass a new budget, the U.S. government will not be able to pay its bills after November 3rd.
In a letter to Congress Lew wrote:
“At that point, we expect Treasury would be left with less than $30 billion to meet all of the nation’s commitments — an amount far short of net expenditures on certain days, which can be as high as $60 billion,” Lew said in a letter.
Read More

If your Dumb enough to watch the Communist News Network...Or any of the lame stream media...Your Exactly whats wrong with the U.S...Yes that includes FOX...

CNN Thought Control: Shilling For Clinton, Deleting Facebook Comments & Attempting to Control Your Mind

by Alex Thomas, Intellihub:
In the days since the first Democratic National Debate, CNN, along with establishment pundits throughout the mainstream media, have fallen over themselves in praise for Hillary Clinton while attempting to decide for American voters who actually won the debate.
That’s right, instead of allowing the American people to actually choose a candidate, CNN is leading the way in continually claiming that Clinton not only won the debate but did so in such grand fashion that the primary is essentially over.
Read More

Fox News Analyst Arrested for ‘LYING About CIA Past’

from RT:

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.

Posted at 5:57 PM (CST) by & filed under Bill Holter.

Dear CIGAs,
In the past I have written a couple of times regarding the delusions of Harry Dent. I have decided once again to write about this as he is now even more outspoken and creating more fear in an already panicked gold community. First, this link is Mr. Dent’s latest writing and interview. (Listen at the 18:00 minute mark). He believes gold will fall to a minimum $700 and probably to the $250-400 range. I will explain why he is both dangerous (to your financial well being) and delusional.
Before getting into the meat of his half baked logic, I do want to say I agree with much of what he sees coming. He sees financial collapse caused by poor demographics, poor fiscal and monetary policy combined with too much debt. I said “half baked” because he does not follow the logic through to fruition. Dent concludes the global safe haven will be the dollar, and gold will be one of if not the poorest performing asset. It is his stance on gold where he is wrong and doing the greatest disservice any newsletter writer could do. His grand statements I am sure will help him sell newsletters but this will be at the expense of many bankrupted readers.
For brevity I will list his erred points of logic and make short comments pointing out the flaw.
1. “the dollar will be king in the coming deflation as it always has been in history”….WRONG, “history” as he tells it is 2008. Gold and silver dropped in late 2008 and is his “proof” they will again when “the big one” hits. I would suggest looking at the REALLY BIG ONE and ONLY bout of deflation in the last 100 years …the 1930′s! Gold and dollars were interchangeable at the time, right up until FDR’s confiscation which was followed by gold being revalued higher from $20.67 per ounce to $35. Any way you slice it, either gold was revalued higher or the dollar was devalued versus gold. THIS is true history!
2. “dollars will be the safest haven on the planet”… Really? Even though they are “issued” by the biggest bankrupt and overlevered entity the planet has ever known? In the 1930′s when having dollars was the “second best” place to have money, we did not have a financially broke central bank and Treasury. Nor did the country face $200 trillion+ in unfunded promises and liabilities. How exactly does Harry Dent expect all of the social programs to be paid for as there is NO MONEY already set aside? Will the massive printing of more dollars not further dilute the already grossly inflated cesspool of dollars?
3. “Inflation is good, just look at your standard of living”. He even shows the following chart and tells you not to believe your own eyes, it means nothing!
See larger image
He goes on to say “this chart is as meaningful as his left toenail” and inflation in moderation is a good thing… WRONG AGAIN! This chart is VERY important because it shows what has happened to “savers” purchasing power if they saved in dollars. Dent says it is meaningless because our standard of living has improved six or seven fold. Is it possible the standard of living improved along with the increases in the amount of debt taken on …until there was just too much? Has he considered the advances in the standard of living up until we went off the gold standard? I would ask, has our standard of living really improved over the last 20-30 years? Would it have improved if we had not collectively borrowed from our futures to support it?
4. “The dollar will outperform all other money” …maybe on the USDX versus other Western currencies but I even doubt this. This matters not because ALL fiat currencies are in the same pool and they are all crappy. Being the cleanest turd does not change the fact that it still smells bad! The USDX index is merely a race between dogs, a race to the bottom I might add! Will the dollar outperform the yuan should China choose to unveil their true gold holdings? Will the dollar strengthen should the U.S. go head to head with a Russian/Chinese alliance? Remember, the dollar (as all other fiat currencies) and its “value” are a function of confidence and nothing more.
5. “the Russians and Chinese are the dumb money” …does this mean the U.S. is the smart money because we have divested much if not all of our gold? In case he has forgotten, the BRICS are already preparing to trade without the use of dollars, will this loss of demand will be meaningless? Who is going to step in and replace the lost demand for Treasuries and thus dollars? The Fed? Isn’t this outright monetization …doesn’t Harry know how this scheme has worked out throughout history? Going a step further, what will happen if foreigners refuse to take dollars and instead tie trade to the yuan or even gold balances? How would the U.S. trade under that scenario? Please don’t tell me “it cannot happen” because it already is, and right before your own eyes that Harry is telling you not to believe!
6. I ask, where and in what form should we hold all of these precious dollars? If Dent is correct and the system collapses …won’t that mean banks, brokers and anything else in the financial field will fold? Wouldn’t your precious dollars be lost? Remember, we now even have “bail in” legislation stating your “deposit” is no longer a deposit …you are an unsecured creditor.
Let me finish by saying “the dollar” is no longer your grandfather’s dollar. Nixon took us off the gold standard because we did not have enough ounces of gold to exchange for the amount of dollars we over issued to THAT POINT! Now, we may have no gold at all left and have issued the money supply 50 fold from the point we admitted gold was more precious than dollars!
By telling you gold will be the very worst investment, Harry Dent is putting doubt into current and potential owner’s minds …at THE very point in time that your “insurance” (gold) is going to be needed. You the reader must make a decision for yourself, a very important one. You can either believe Harry Dent, with his made up history and very flawed core logic, or you can dig for truth and follow your own logic to the very end of the question. I believe if you do this, you will discover gold is real money …and real money is truth!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
Comments welcome

European Vacation "2050"

...with your hosts: ISIS

The Model Minority

Michael Wang: too Asian and too perfect for the Ivy League schools. This is a typical example of modern-day socialism’s drive to allegedly “equalize opportunity”, a heading under which the incentive to make an effort to actually accomplish something in life is slowly but surely deadened among those showing the best abilities. Over time, it leads to decay in the population’s morals and intelligence, until you end up with a nation best compared to a ship of fools.

NIRP Goes To Nippon: Japan Auctions 1 Year Paper At Most Negative Yield On Record

What is surprising about Japan is that unlike most of Europe, which has opted to adopt a Negative Interest Rate Policy, or NIRP,  is that Japan whose monetary policy became a basket case years ago - Japan is currently on QE10 - it still hasn't thrown in the "all-in" towel and announced negative rates. This may have officially changed yesterday, when in an auction that flew deep under the radar, Japan sold 1 Year (not 3 Month) Bills at the most negative yield in history, or -0.0418%, nearly doubly more negative the -0.0252% yield on the September 16 auction.

UCLA Unleashes Absurd, Anti-Intellectual & Dangerous Attack On Campus Free Speech

One of the most dangerous trends in America today is occurring on college campuses. These are the places we grew up viewing as laboratories for free speech, youthful energy and resistance to the status quo. Unfortunately, what they’re turning into are anti-intellectual wastelands in which America’s supposedly “best and brightest” are being transformed into unthinking, mentally shackled, emotionally stunted automatons. The only thing being produced on college campuses these days seem to be frightened, thoughtless worker-bees, conditioned to shut-up and instinctively worship authority.

Silicon Valley's Ultimate Insider Warns Of "Subprime Unicorns... Managements Are Deluded"

"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

Images From The Iraqi Frontlines: Iran-Backed Fighters Battle ISIS For Control Of Key Refinery

After 6 Years Of Austerity, 36% Of Greeks In Poverty

Thousands of austerity measures, dramatic cuts in incomes, incredible hikes in taxes. Five and a half years in deep recession. Three bailout agreements. And where do Greeks stand now? On top of the Eurozone when it comes to poverty. More than one out of three Greeks, that is “36% of the Greek population is at risk of poverty and social exclusion,” the EUROSTAT found out - the highest rate within the Euro Zone.

Mexico killing off unwanted citizens while demanding that U.S. take in more ‘refugees’

by David Gutierrez, Natural News:
More often than not, when the subject turns to U.S. immigration policy, the debates can be really passionate.
On the one hand, Americans know and understand that our country was founded as a “nation of immigrants,” and continues to be a destination for most of the world’s “downtrodden” who are looking for a new start and better life opportunities.
On the other hand, millions of Americans also believe that our immigration policies are far too generous and lenient, even to the detriment of our own citizens. In fact, polls routinely show that more American citizens favor this point of view.
Read More

How to Make the Perfect EDC Survival Kit

from Ready Nutrition:

We all want to be ready for anything that life might throw at us, and truth be told, most preppers are already prepared to handle far more adversity than the average person. However, that’s only true when we’re in the comfort of our own homes, surrounded by the tools and supplies that can make life easier in any situation.
But what happens when you leave the house? Obviously, you can’t take everything with you when you go for a hike or take a trip. Think about every treacherous scenario that you’ve prepared yourself for, and try to imagine what it would be like endure it with only the tools that you can carry. Not so easy is it?
This is why you have to be very savvy about putting your EDC (every day carry) kit together. This kit should include everything that you can easily carry on your person in most situations, and it should be tailor-made for your needs and your environment.
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I wished I could afford Freeze Dried Foods...Can't even afford to buy a piece of Beef...Due to the fact I won't join the FREE SHIT ARMY...

Food Riots Are Coming

by Dave Hodges, The Common Sense Show:

The most frequently I asked questions I get are (1) what will be the next false flag; and, (2) when will it happen? It is a fools errand to attempt to answer the second question. However, the answer to the first question is painfully obvious.
The economy is $19 trillion dollars in debt, we have a $240 trillion dollar unfunded and mandated set of liabilities (e.g. Social Security) and the 800 pound gorilla in the room is the $1.5 quadrillion dollar credit swap derivatives debt on a planet whose entire GDP is just $70 trillion dollars. It is only a matter of time until this house of cards come crashing down around us. When that day comes, our food vulnerabilities will be exposed first and foremost.
Read More

China Officially Sold A Quarter Trillion Treasurys In The Past Year (Unofficially Much More) And What This Means

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.

Scahill: Obama Is an Assassin Killing Women and Children, Including Americans

from Al Jazeera News, via The Daily Sheeple:

Al Jazeera News interviews Jeremy Scahill, best-selling author of Blackwater and Dirty Wars, about his recent whistleblower-sourced story “The Assassination Complex” on The Intercept which begins “From his first days as commander in chief, the drone has been President Barack Obama’s weapon of choice, used by the military and the CIA to hunt down and kill the people his administration has deemed — through secretive processes, without indictment or trial — worthy of execution.

The Housing Bust Part Two

from InvestmentResearchDynamics:

Multipolarism Solves Syria At The Source – Tony Cartalucci

from The News Doctors:

The Syrian conflict is profoundly misrepresented across the entirety of the Western press.
To call it a civil war is a gross mischaracterization. The entire conflict was engineered and fueled from beyond Syria’s borders. And while there are a significant number of Syrians collaborating with this criminal conspiracy, the principle agents driving the conflict are foreigners. They include special interests in the United States, across the Atlantic in Europe, and regional players including Turkey, Saudi Arabia, Qatar, and Israel.Syria is far from an isolated conflict. America’s interest in dividing and destroying Syria is part of a much larger agenda serving its aspirations both in the region and globally. The division and destruction of Syria as a functioning, sovereign nation-state is admittedly meant to set the stage for the conquest of Iran next.
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The FBI Agents Investigating Hillary Are Furious With Obama, And Here’s Why

from Western Journalism:

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.”
Read More

This Police Department May Ban People Arrested For Crimes From Public Areas

from Huffington Post:

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.
Read More

Gold And Silver Shorts Getting Nervous As Mining Shares Soar 38 Percent In Just 16 Days

from KingWorldNews:
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…
Read More…

Watch: The Drone Defender: “The First Portable, Accurate, Rapid-To-Use Counter-Weapon To Stop Hostile Drones In Flight”

by Nomad, SHTFPlan:

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.
Read More

Posted at 4:08 PM (CST) by & filed under In The News.
Jim Sinclair’s Commentary
The latest from John Williams’

Financial Markets Are Starting to Take Note of Faltering U.S. Economic Activity and Perceived Fed Impotence
- Average Weekly Earnings Fell in September for “All Employees,” Both Before and After Adjustment for Inflation
- Monthly Real Retail Sales Rose by 0.26% in September, with Annual Growth Still Signaling Imminent Recession
- September Annual Inflation: 0.0% (CPI-U), -0.6% (CPI-W), 7.6% (ShadowStats)
- Having Pummeled Headline August and September Inflation, Gasoline Prices Are on Track to Boost the October CPI

“No. 759: September Consumer Price Index, Real Retail Sales and Earnings”

Jim Sinclair’s Commentary
More from Mr. Williams
- Annual Production Growth Collapsed to Recession Levels
- Despite a Quarterly Gain from the July Auto-Production Surge, Third-Quarter 2015 Production Activity Held Below Fourth-Quarter 2014 and First-Quarter 2015
- Recession Should Be Timed from December 2014

“No. 760: September Industrial Production”

Jim Sinclair’s Commentary
Isn’t it a little late to jump ship?

Deutsche Bank Board Member Stephan Leithner to Leave Bank
European executive oversees regulatory affairs and compliance
By Jenny Strasburg
Updated Oct. 15, 2015 5:22 p.m. ET

Deutsche Bank AGsenior executive Stephan Leithner plans to leave the bank after 15 years, vacating a management-board seat he has held since 2012, according to a person familiar with the matter.
Mr. Leithner is chief executive officer for Europe except for Germany and the U.K., and is broadly responsible for the German lender’s regulatory affairs, compliance and human resources.
Mr. Leithner plans to join European private-equity firm EQT Partners, as a partner in its Munich office, according to a person familiar with the matter. Bloomberg earlier reported his plans. Spokespeople for EQT and Deutsche Bank declined to comment. Mr. Leithner didn’t respond to requests for comment.
As a member of Deutsche Bank’s eight-member management board, Mr. Leithner has shared responsibility for companywide decisions about risk controls and strategy. The lender’s strategy is being overhauled under new co-CEO John Cryan, who started in July and has said he plans to streamline businesses, narrow the company’s focus and simplify its top-level committee structure.
Mr. Leithner was among current and former Deutsche Bank executives criticized earlier this year by Germany’s financial watchdog, BaFin, for alleged failures to stop market manipulation and address other cultural shortcomings at the bank. BaFin questioned whether Mr. Leithner was adequately forthcoming with regulators about traders’ roles in efforts to rig financial benchmarks. Mr. Leithner didn’t respond to questions about BaFin’s criticisms earlier this year or Wednesday.
Mr. Leithner previously oversaw European and Asia corporate-finance teams at Deutsche Bank, and German and European deal-advisory businesses. He previously was a partner at McKinsey & Co.
Is Japan “Inc.” Pulling Out Of The Comex And LBMA?Posted on October 16, 2015 by The Doc 
I would suggest that Mitsui’s move pull out of the NY and London – thereby joining Deutsche Bank and Barclays – is symbolic of the world’s increasing perception that the New York and London financial markets are the biggest Ponzi schemes in history.
At the very least, it suggests that the world of growing weary of the fraudulent paper gold and silver markets on the Comex and the LBMA.

Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics:
One of Japan’s largest global precious metals trading companies, Mitsui Precious Metals, is closing down its operations in New York and London by the end of 2015.  Note that it will maintain its operations in Tokyo and Hong Kong – interestingly:   Mitsui Pulls Out Of NY, London.
Mitsui is one of the largest business groups in Japan and one of the largest corporations in the world.  “When in doubt, pull out.”  In my view, this move reinforces the growing global fear of the massive paper to physical gold/silver leverage embedded in the NY/London banking system.
Remember, we are able to assess only what might be available to back visibly traded paper gold and silver derivatives (Comex futures, LBMA forwards).  And reported inventories are based on reports submitted by the bullion banks and Central Banks.  Do any of us really trust these bank reports as reported without visual confirmation and independent audits?
In fact, I will go as far to say that any analyst in this sector who presents any analysis and commentary based on bank-generated gold/silver inventory reports that does not stipulate up front that any and all information is based on reports that may or may not be accurate is thereby presenting invalid analysis.


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