Gold and Silver is on SALE...
Gold at a 3 ½ month low.
Gold and silver step over a cliff.
One can almost see the smirks, and hear the chuckles of glee, as the mainstream flock crows their news.
What is missing from all the gold (and silver) bashing is one, small detail: a reason. Yes, sift through the Corporate media muck, and one will see explanations: “a stronger dollar” or “fears of a Fed rate increase”. Infantile nonsense.
A stronger dollar? Gold was down over 3%. Silver was down over 5%. The dollar gained no more than a fraction of 1% against international currencies, except for the pound, which is currently in the Brexit penalty box. That’s not a reason.
Venezuela truly has become a nightmare come to life. What has taken place over the last three years has been nothing short of a total destabilization of the entire country. The water system, the roads, the electrical grid, the hospital, and especially the food distribution system. Venezuelans became so desperate that they were forced to scrounge for food in dumpsters and hunt down cats and dogs. Crime became rampant as well, and the capital city of Caracas now has the highest murder rate in the world. Mobs of vigilantes are frequently seen picking up the slack of the corrupt police; that is, when they’re not busy looting grocery stores. Venezuela is practically a war zone now.
Hurricane Matthew Strengthens As Florida Governor Warns: "Evacuate Now. This Is Going To Kill People"
The Latest Deutsche Bank Scandal Reeks On Enron: 103 "Enhanced Repo" Deals To Make Loans "Disappear"
Trader: "If You Take Away QE's Greater Fools, You'll Get A Market Resembling The Pit Scene From Trading Places"
"Wrong Way Gartman"...
What must the world think watching the US presidential campaign? Over time US political campaigns have become more unreal and less related to voters’ concerns, but the current one is so unreal as to be absurd.
The offshoring of American jobs by global corporations and the deregulation of the US financial system have resulted in American economic failure. One might think that this would be an issue in a presidential campaign.
The neoconservative ideology of US world hegemony is driving the US and its vassals into conflict with Russia and China. The risks of nuclear war are higher than at any previous time in history. One might think that this also would be an issue in a presidential campaign.
Silver investors may pursue a lawsuit accusing two major banks of conspiring to fix prices and exploit market distortions, affecting $30 billion traded each year in the precious metal and related instruments, a federal judge has ruled.
U.S. District Judge Valerie Caproni in Manhattan rejected efforts by Bank of Nova Scotia (“ScotiaBank”) and HSBC Holdings Plc to dismiss the lawsuit, in a decision made public on Tuesday.
Caproni also dismissed UBS Group AG as a defendant, saying there was nothing to show it manipulated prices.
A Gargantuan Crime Scene
Shares of Monte dei Paschi di Siena, the world’s oldest bank and by now the world’s most famous penny stock, trade at €0.18. Things have gotten so bad that Italy’s financial markets regulator Consob extended the deadline and widened the scope of its ban on short selling of the bank’s shares. The restrictions were initially introduced on July 7 just after the bank’s shares had crashed 20% in one day. Since then they have shed a further 45%.
Doubts continue to mount over the chances of success for the bank’s latest rescue program, its third since the Global Financial Crisis began. “The situation has got more complicated,” reported Il Corriere della Sera, one of Italy’s most influential newspapers. It’s also apparently quite “dark” — as in sinister.
The Alex Jones Channel:
The letter posted below is from Stewart Dougherty. Elizabeth Warren on the surface purports to represent middle class interests by associating herself with the erection of the Consumer Financial Protection Bureau. But she has turned out to be another faux populist who panders to the public in order to generate voter support and, in reality, sides with the rest of her cronies and looks other way while Corporate America steals our wealth.
The Consumer Financial Protection Bureau is a Trojan horse device which superficially appears to protect the public from Wall Street but in reality does nothing more than provide a false sense of security. It’s another useless bureaucratic mechanism which serves no purpose other than to create another Government department that vacuums up taxpayer money and employs people who are otherwise unemployable in the private sector.
The Jubilee Year has officially ended… or has it?
I received this about a month ago from a Jewish scholar:
The Yuval (Jubilee) ends on Yom ha Kippur (Day of Atonement), which is on October 11th at sundown, not on October 2nd, which is Rosh Hashanah. The Shemitah always ends on Yom ha Teruah (Day of Trumpets), Yom ha Din (Day of Judgement) and Rosh Hashanah (Head Year), which are all on the same day, but not the Jubilee. It ends ten days later after the ten days of awe.
I reported it to TDV subscribers, but haven’t mentioned it in public, mostly because there were so many massive events occurring this last weekend that a discussion of alternative dates seemed besides the point. But I do want to mention it.
Without free and fair elections, what hope is there for the future of America? The integrity of our voting process is of the utmost importance, and yet so little attention is being paid to it. Later this week I am going to share some documented facts about voting fraud during the 2012 election that most Americans have never even heard about, and it is absolutely imperative that we don’t allow this kind of funny business to happen again this time. Today, I am going to share some examples of how dead people and illegal immigrants are actually being registered to vote all over America. Despite very strong and very angry denials by the mainstream media, the truth is that election fraud is absolutely rampant in this country, and when someone tries to steal an election they are committing a crime against all of us.
There has been no greater advocate of mass Muslim migration into Europe than the purported head of the Catholic Church, “Pope Francis.” At a recent conference, he urged that “asylum seekers” be accepted, “through the acts of mercy that promote their integration into the European context and beyond.”*
Jorge Bergoglio is the “purported pope” of the Catholic Church because, as certain theologians have argued, he was neither validly ordained as a priest or consecrated as a bishop in the traditional Catholic rites of Holy Orders. Since a pope must first be a bishop, in particular the bishop of Rome, Bergoglio cannot, therefore, be pope.