Act I: Wheres the Inflation?
Many have asked, with all the printing taking place, why is inflation relatively tame? Sure, we see increases in health care costs, 10-15% annually in food, and 10-20% in precious metals over the last few years but when the overall money supply triples over a decade, those are relatively small numbers compared to what you would expect. So, why is there so little inflation? It’s there, you just have to understand how the system is being used to screw you, the little guy or girl.
We’re going to tackle this idea in 4 parts. First, we’ll talk about wealth, and how it is being stolen from us all.
Former Director of National Intelligence James Clapper went on NBC this weekend to do his best imitation of the answer he gave under oath in March 2013 whether the phone calls of U.S. citizen were being monitored.
He’s answer at the time was “No, sir.” Yesterday’s response to NBC’s inquiry about whether there were taps at Trump Tower was not dissimilar: “Not to my knowledge.”
Stated differently, the man should be in jail for lying under oath to the U.S. Senate and the voters, as Edward Snowden’s revelations three months later proved beyond a shadow of a doubt. Instead, he was on television presumably lying to the American public yet again.
Despite the general lack of interest by conventional medical practitioners in turmeric’s role in preventing heart disease, there is a robust body of published research on its remarkable cardioprotective properties, with three dozen study abstracts on the topic available to view on our database alone: turmeric’s cardioprective properties.
History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.
Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.
Journalism and a free, open media is another “check and balance on the three branches of Government and we don’t have that check and balance anymore.” – Shadow of Truth
One of the hallmarks of a totalitarian political regime is control of the media. In 1996 president Bill Clinton signed into law the Telecommunications Act of 1996. This law, which was bought and paid for by corporate media lobbies, allowed big corporations to acquire and consolidate media outlets nationwide.
The 1996 law lifted the limit on the number of television and radio stations any one corporation could own. In 2003, the FCC voted to lift the ban on cross-ownership of newspapers and full-power broadcast stations that serviced the same community. This was the final nail in the coffin of free and competitive media and news-reporting in the U.S.
A very busy day in Brick-and-Mortar Fiasco Land.
Neiman Marcus, the Texas-based luxury retailer with 42 stores around the country and two Bergdorf Goodman stores in Manhattan, is in no immediate risk of bankruptcy, the sources told Reuters on Friday, though it has hired investment bank Lazard Ltd to help restructuring its nearly $5 billion in debt.
When this news emerged, Neiman Marcus unsecured bonds due in 2021 plunged 7% to 54 cents on the dollar, according to Thomson Reuters, and its $3 billion term loan fell 5% to 77 cents on the dollar.
from Harvey Organ:
AVERY GOODMAN..A MUST READ!!CHINA ANNOUNCES THAT ITS GROWTH RATE NEXT YEAR WILL BE 6.5%/CHINA’S TOTAL ASSETS NOW SURPASS 33 TRILLION/MAJOR RESTRUCTURING AT DEUTSCHE BANK AGAIN!TARGET 2 IMBALANCES AT THE EU INTENSIFIES AS FUNDS LEAVE SPAIN, ITALY AND FRANCE AND LAND IN GERMANY AND LUXEMBOURG/TRUMP TOWER SUPPOSEDLY WIRETAPPED: GET YOUR POPCORN READY/SENATOR GRASSLEY OPENS A PROBE ON THE FBI
In silver, the total open interest FELL by ONLY 3,484 contracts DOWN to 193,848 with respect to FRIDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.969 BILLION TO BE EXACT or 138% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 343 NOTICE(S) FOR 1,715,000 OZ OF SILVER
In gold, the total comex gold FELL BY 6,937 contracts with ANOTHER FALL IN THE PRICE GOLD ($6.40 with FRIDAY’S trading ).The total gold OI stands at 437,220 contracts.
Read More @ Harveyorganblog.com
FBI Director Comey came under heavy fire after he announced that he was re-opening Hillary Clinton’s email investigation just days before the Presidential election. Senate Minority leader, Harry Reid sent him a blistering open letter, accusing the FBI of withholding ‘explosive information’ linking Trump and his advisors to the Russian government.
In Harry Reid’s open letter to Comey he accused Comey of possessing explosive information. He even stated that he’s been asking Comey to release the information to the public…
A 47-year-old hedge manager who killed himself by leaping from his ninth-floor luxury apartment in the historic Apthorp Building was “under a lot of meds,” a police source told the NY Post.
Kevin Bell, head of credit risk at Arrowgrass Capital, leaped from the window while his family was in the apartment. He left a suicide note saying that he had been depressed.
“The family is hysterical,” the source said. He was under a lot of meds. He did not give a specific reason why he jumped, but he was depressed.”
Bell had previously worked for prominent banks and hedge funds including Citadel, Citigroup, Deutsche Bank and Saba Capital.
March 3, 2017, Science Daily reported about overcharges new electronic ‘energy meters’—aka “smart meters”—are capable of pulling off due to false readings, as per a report of what’s been happening in Dutch households in The Netherlands.
The study was undertaken at the University of Twente (UT) in collaboration with the Amsterdam University of Applied Sciences (AUAS). Due to rumors of overwhelming overbillings, Professor Frank Leferink of UT investigated electronic meters to determine if they, in fact, can give false readings.
Together with co-workers Cees Keyer and Anton Melentjev from AUAS, he tested nine different electronic meters in this study. The meters in question were manufactured between 2004 and 2014. The meters were connected, via an electric switchboard, to a range of power-consuming appliances, such as energy saving light bulbs, heaters, LED bulbs and dimmers. The researchers then compared the actual consumption of the system with the electronic energy meter’s readings. 
Commander-in-Tweet Donald Trump has potentially dug a deep hole for himself. By publishing a Tweet over the weekend stating that President Obama had tapped his phones during the Presidential election campaign, Trump has simultaneously suggested that a Foreign Intelligence Surveillance Act court (FISA court) found sufficient evidence to warrant a wiretap. (The wiretap would have been at the behest of an intelligence agency, not President Obama directly.)
Chuck Todd, host of Sunday’s Meet the Press, summed up the mess as follows on his program yesterday: “It’s such a serious allegation. I mean it is either, if it’s true, it’s an extraordinary political scandal. And if it’s not true, it’s an extraordinary political scandal.”
It should be noted that if it’s not true, it would be not so much a political scandal as it would be another in a long, long series of off-the-wall falsehoods promulgated by Trump with no negative ramification to his career – unless one considers being elevated to the highest public office in the land a negative impact. For years, Trump was a leading purveyor of the birther meme that former President Obama had no legitimacy as President because he was foreign born and not entitled to hold the office. Then, abruptly, Trump decided to renounce that position.