Saturday, July 21, 2012

London Trader: The LBMA Gold Price Fixing Scheme Is OVER

[Ed. Note: Sounds a lot like what Bill Murphy's source just told him...]
from KingWorldNews:
With many global investors still concerned about the recent price action in gold and silver, today King World News interviewed the “London Trader” to get his take on these markets. The source told KWN that “… the LBMA’s price fixing scheme is coming to an end.” The source also said that because of this, the eventual “move in gold and silver will literally frighten most people.”
Here is what the source had to say: “It is now beginning to be discussed, openly, that the unallocated gold is not at the banks. This is definitely the case with many of the allocated accounts as well. The reason I’m pointing this out is you have a more ‘open’ disclosure that’s taking place with regards to this.”
Caesar Bryan continues @ KingWorldNews.com

 

These Banks Are Involved in Every Imaginable CRIME, Once They Lose Control We’ll Live in a Very Different World

  Part 2

 

Sprott – The Frightening Black Swan Nobody Is Talking About

from KingWorldNews:

Today billionaire Eric Sprott spoke with King World News about his greatest fear. Sprott literally shocked KWN by saying, “My biggest black swan, Eric, is that I think I’ll be right one day. My worry is that one day they just shut everything down.” Sprott, who is Chairman of Sprott Asset Management, also added, “They (central planners) say, ‘You know what, we just can’t keep this up anymore, the whole Ponzi (scheme), we just can’t do it and we shut it down.’”
Sprott went on to say that all of the markets would then “freeze.” But first, here is what he had to say about the ongoing ciris in Europe: “It’s beyond the ability of governments to deal with all of these weak countries. There are only one of two answers: Yes, someone could print as much money as they want. Maybe they could print $5 trillion and say, ‘We’ll back up all of the banking systems.’”
Eric Sprott continues @ KingWorldNews.com


Valencia, Spain asks for a bailout/Egan Jones lowers credit rating of Spain to CC plus/Spanish 10 yr bond yield rises to 7.27%/Spanish Ibex falls close to 6%

by Harvey Organ, HarveyOrgan.Blogspot.ca:
Good evening Ladies and Gentlemen:
Gold closed the week up $1.00 by to $1585.00. Silver after being whacked early, regained its composure and actually finished up on the day by 4 cents to $27.35. The big news of the day came from Spain where it’s 3rd largest city asked for funds as it was basically broke. The Spanish Ibex immediately proceeded to fall close to 6% and the Spanish 10 yr bond yield skyrocketed to 6.27%. Not to be undone, the Italian 10 yr bond yield finished the day at 6.16%. All bourses were in the red but it was Europe that had the deeper red ink. Conditions continue to deteriorate in Europe and this was manifested with a huge fall in the Eur/USA cross finishing the day in the USA at:
1.2154
The German DAX finished its session down 1.9%. Both Paris and Lisbon both had their stock exchanges down 2.14%. The Dow finished down 120 points or .93%. Egan Jones lowered the boom on Spain as they lowered its credit rating to CC plus from CCC-.
Let us now head over to the comex and assess trading on Friday.
Read More @ HarveyOrgan.Blogspot.ca



Success! … CFPB’s ‘First Enforcement Action’

by The Daily Bell:
Consumer agency fines Capital One for card marketing … The enforcement action, announced on Wednesday, is the first by the Consumer Financial Protection Bureau, which said it unearthed the activities through an examination of the bank. The CFPB was created by the 2010 Dodd-Frank financial reform law and is nearing its one-year anniversary. The government said $150 million of the sanctions will go to reimburse affected customers, while the remaining penalty will be split between the Office of the Comptroller of the Currency, which fined the bank $35 million, and the CFPB, which will collect $25 million. “We are putting companies on notice that these deceptive practices are against the law and will not be tolerated,” said CFPB Director Richard Cordray. – Reuters
Dominant Social Theme: Now the government has begun to protect US consumers against financial-consumer fraud. This is a big step forward.
Free-Market Analysis: The mission statement of the newly formed Consumer Financial Protection Bureau (CFPB) is “To help consumer financial markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives.”
Read More @ TheDailyBell.com



United Nations Arms Treaty Would Equal Any U.S. Law, Including The Constitution

by, Douglas J. Hagmann, Govtslaves.info, via Freedoms Phoenix:
Technically, the United Nations Arms Trade Treaty is not an overt “gun grab” treaty. Apparently, that statement alone is sufficient to cause many Americans to lose interest, misunderstand and downplay the threat posed by this treaty. Such characterization will be to the peril of every American, gun owner or not.
They are failing to understand the playbook in use by the globalists which includes a well orchestrated disinformation campaign being waged by antagonists of the Second Amendment. To quote Ted R. Bromund, Ph.D., Senior Research Fellow at the Heritage Foundation who has been attending the ATT conference, “the U.N. is aware of the political dangers of appearing to stomp openly on the Second Amendment.”
Read More @ FreedomsPhoenix.com



NO ‘FREEDOM’ FOR YOU! United States Government Admits Surveillance Breached 4th Amendment ‘on at least one occasion’

by Madison Ruppert, Activist Post
Finally, the U.S. government formally admitted that their incredibly massive surveillance program has, in fact, violated our right to be safe from unreasonable search and seizure as protected by the 4th Amendment to the Constitution.
Senator Ron Wyden, an Oregon Democrat, previously revealed the so-called “secret PATRIOT Act” and along with Senator Mark Udall, has called for the Obama administration to declassify the rulings of the secret Foreign Intelligence Surveillance Act (FISA) Court.
Now, thanks to a letter from the Office of the Director of National Intelligence, Wyden is able to say that “on at least one occasion” the FISA Court found that the so-called “minimization procedures” used by the government while collecting intelligence were “unreasonable under the Fourth Amendment.”
Unfortunately, Wyden’s knowledge still seems quite limited. He does not know exactly how widespread this clearly illegal surveillance was, when it actually occurred or even how many American people have been targeted.
Read More @ Activist Post



Silver: Are you in? Sprott and the Chinese are!

from opportunityshow:

In this interview, David Morgan offers his opinion on the very recent purchase of $200 million dollars of physical silver by Sprott as well as China’s large procurement of the shiny industrial and precious metal. What does this mean? What is the future of Chinese silver futures? In the middle of the summer doldrums, what about silver and gold stocks? In or stay out? Join Ellis Martin for another candid dialogue with Mr. Morgan.



Precious Metals vs. Commodities

by Jeff Nielson, Silver Gold Bull:
I had the opportunity to listen to an inteview with noted commodities-guru Jim Rogers, which is never a bad investment of one’s time. Rogers is both very astute, and a straight-talker; two “commodities” which I’m sure that he would purchase if he could – since both are clearly in short supply in the 21st century.
The central topic on the mind of Rogers’ interviewer was Ben Bernanke’s farcical testimony before the U.S. Congress. That love-fest had all the interrogative value of spending the day watching Sesame Street. Rogers was also totally unimpressed:
…Mr. Bernanke is going to print more money…I wouldn’t pay much attention to the man…He only knows one thing – and that’s what he’s going to do…
The interview then proceeded to Rogers’ specialty: the world of commodities. He remains totally committed to commodities over the long term, rightfully pointing out that as the global economy continues to be drowned in mountains of the bankers’ paper currencies, that these hard assets must soar in price – as all that paper collapses in value.
Read More @ SilverGoldBull.com



An Honest ‘Obama for America’ TV Ad: “The Drone Warrior”





Dr. Ron Paul Discusses House Vote For H.R. 459, Audit The Fed

from RonPaulCC2012 :


Weather Report: Man Made ‘Global Warming’ for Dummies

from laroucheyouth:

Today, another lesson on the global warming scare. We look at Greenland’s Petermann Glacier, the American Drought, the reconstruction of our planet’s temperature record, the galaxy, the Sun and its solar flare of the past week. Don’t panic.



EUROPEAN MELTDOWN, MORE BAILOUTS, BANKING FEARS, GOLD & MORE – MEP Nigel Farage

from KingWorldNews:
“I’ve done my best to expose how, in fact, the European Stability Mechanism doesn’t really exist. It’s a mirage. It isn’t legally constituted, it has not been approved everywhere, and it doesn’t actually have any money at all.
It’s just a whole series of promissory notes from countries that, themselves, haven’t got any money. This is dangerous territory. So, yes, widening bond spreads, spreads going out and consistently above the 7% to 7.5% rate, and that will bring things to a head.
If Spain needs a full bailout, and if it even looks like Italy needs a bailout, well, then frankly the game is up.”
LISTEN NOW @ KingWorldNews.com


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HEADS UP: House to Vote on the Audit the Fed Bill on Tuesday – Call em!

The House of Representatives is expected to vote on Tuesday on a bill that would allow for a congressional audit of Federal Reserve monetary policy decisions, a senior House aide said on Friday.
The legislation proposed by Republican Representative Ron Paul, a long-time critic of the U.S. central bank and author of the book “End the Fed,” has already gathered 274 co-sponsors, virtually guaranteeing passage.
Read More @ FreedomsPhoenix.com



Heading Towards the Collapse: Predictions From Peter Schiff

from Worldeconomic collapse:



The Untouchables

by Gary North, Lew Rockwell:
The word “untouchable” means something different in India than it does in the West. In India, no one wants to be an untouchable. In the West, achieving the status of untouchable is the supreme organizational goal.
In India, untouchable status means that you cannot move up. In the West, it means that you can’t be pulled down.
In every Western nation, certain institutions are untouchable. Anyone challenging them is regarded as a revolutionary, a kook, or a self-promoter looking for publicity.
Untouchable status means that the organization gets a free ride in society. Its mistakes are overlooked. Its deviations from established standards are overlooked. It is immune from the usual criticisms that all other institutions are subjected to.
The Communist Party in the Soviet Union had this status. So did the Politburo.
These organizations are at the center of the social order. They are immune from politics, because they are the basis of power. The famous Powers That Be, whose interests are linked to the success of these institutions, have such influence that they can bring socially effective pressure against those who go on the attack against these organizations.
Read More @ LewRockwell.com



How to Profit From Europe’s New Gold Rush

by Jeff Clark, The Market Oracle:
Europe owns a sizable chunk of the world’s natural resources.
Over the past few decades, however, EU countries have mostly imported their resources.
Outlandish? Maybe.
But it was simply easier, cheaper, and most importantly it avoided most environmental conflicts.
Getting through government regulation and facing off eco-friendly groups is a time-consuming and outrageously expensive business… a fool’s errand.
When you can simply import and let other countries deal with all the hassle, it made a lot of sense. But things change.
When no one’s got a job, it truly focuses the political agenda.
Europe’s job market is a mess. Demonstrators are crying out for action, for opportunity, for jobs. And mines employ a lot of people.
Read More @ TheMarketOracle.co.uk



Has Bernanke and the Fed Discovered a New Invention in Wealth Creation?

By Greg Canavan, Daily Reckoning.com.au:
Markets, it seems, have become ‘comfortably numb‘.
‘Hello…is there anybody in there?’
It would appear not. There’s just not that much that bothers investors these days. Central bankers have it all under control. After waiting for months for another round of quantitative easing, Ben Bernanke reckons there’s no pressing need to do anything. Or so he said on day one of his two-day testimony to the US Congress.
But rather than go home disappointed, markets rejoiced instead. They take comfort that Bernanke will do something if required.
According to Bloomberg,

‘Federal Reserve Chairman Ben S. Bernanke outlined options to ease policy further in case the flagging economic recovery fails to lower unemployment.


‘Easing tools include further purchases of Treasuries and mortgage-backed securities, and altering the Fed’s language on the outlook for interest rates, Bernanke told the Senate Banking Committee in Washington yesterday. Another option is to use the so-called discount window for direct lending to banks.’
Read More @ DailyReckoning.com.au



What a Coincidence! DHS-FBI Issued a ‘Movie Theater Terrorist Attack Warning’ – On May 17, 2012

from dutchsinse :

Here’s the link and a screen grab:





One Moviegoer With a Gun Could Have Prevented 70 Innocent People From Being Shot

by Mac Slavo, SHTFPlan:

In light of the incident at the Dark Knight premier early this morning, it’s worth noting that we as a law abiding society could have prevented the deaths of, at last count, 13 people and the injuries sustained by scores of others.
Anti-gun fanatics will tell us that outlawing guns is the solution. In fact, before the smoke from the gunfire dissipated this morning special interests and politicians were already calling for more gun control. Mayor of New York Michael Bloomberg has asked our Presidential candidates to directly address the issue:
No matter where you stand on the Second Amendment, no matter where you stand on guns, we have a right to hear from both of them, concretely, not just in generalities, specifically, what are they going to do about guns?
Read More @ SHTFPlan.com




Rapper Ice T Gets It RIGHT: “Guns are our last defense against tyranny”

from liarpoliticians:



Nigel Farage – If This Happens In Europe Frankly It’s Meltdown


On the heels of German lawmakers backing the European bailout of Spanish banks, today MEP (Member European Parliament) Nigel Farage told King World News, “All I can say with absolute confidence is that this crisis will roll on.” Farage also said, “If Spain needs a full bailout, and if it even looks like Italy needs a bailout, well, then frankly the game is up.”
Farage also discussed gold, but first, here is what he had to say about the fear in Europe: “The reality is there are now tens of millions of people in Europe who feel absolutely desperate and without hope. And I still feel if they stay trapped inside this eurozone, in the end this could have disastrous social consequences.”
Nigel Farage continues @ KingWorldNews.com



Arpaio Probe Could Dwarf Watergate: Consequences Could Shake the U.S. to its Very Foundations

by Jeffrey T. Kuhner, The Washington Times:
America may be facing a constitutional crisis. Sheriff Joe Arpaio of Maricopa County, Ariz., has made a startling declaration: President Obama’s birth certificate is fraudulent. If true — and I stress if — then this scandal dwarfs Watergate. In fact, it would be the greatest political scandal in U.S. history.
Recently, Sheriff Arpaio held a news conference. He said that his team of independent investigators — composed of former law enforcement officials and reporters — have for months meticulously examined the computer-generated birth certificate that Mr. Obama revealed to the public in April 2011. Their stunning conclusion: The document is a forgery. His chief investigator, Mike Zullo, says that the document is full of errors and omissions. In particular, Mr. Zullo claims that numeric sections are not filled out that otherwise would have been in birth certificates from Hawaii during that time. But other sections, such as those dealing with Mr. Obama’s race and his father’s work and field of study, are completed. Hence, Sheriff Arpaio’s investigative posse definitively believes the birth certificate is not authentic, but was manufactured to provide Mr. Obama with a veneer of constitutional legitimacy.
Sheriff Arpaio’s findings threaten to plunge America into an unprecedented crisis. For if — and again, I emphasize if — he is correct, then Mr. Obama has perpetrated the most elaborate hoax in U.S. history. A fraudulent birth certificate would mean that Mr. Obama is ineligible to serve as commander-in-chief. His presidency would therefore be legally and constitutionally illegitimate.
Read More @ Times247.com.com



Doug Casey Interview: Governments are Igniting Bubbles

from visionvictory




This Is Why Central Banks Continue To Scramble For Gold

from KingWorldNews:

Today 40 year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the United States. Here are Fitzwilson’s observations: “Scylla and Charbydis were mythical sea monsters. Lying off the coast of Italy, Scylla faced across the Strait of Messina, at Charybdis, lying along the Sicilian coastline. Scylla took the form of a rocky shoal, and the Charybdis a whirlpool. According to Homer, as Odysseus passed through the Strait, he faced one of two unpleasant fates while trying to navigate down the middle. It is the equivalent of the phrase ‘choosing between a rock and a hard place.’”
Robert Fitzwilson continues @ KingWorldNews.com



Marxist History Repeating Itself: The Vendee Genocide


by Ann Barnhardt, Barnhardt.biz:
Here’s my latest video recorded by the good folks at FreedomTalkNetcast.com down in Pueblo, Colorado.
This presentation covers the almost unknown war and genocide against the people of the Vendee region of France during the proto-Marxist French Revolution.

This genocide by the atheist, godless, totalitarian French Revolutionaries against the Church killed 450,000 people, and has served as a the tactical template for Marxist governments who have fomented statist schisms and then entered into open war against the Church over the last century, including the Soviets and Mexicans in the early 20th century, and the Red Chinese and Vietnamese, and Marxist Latin American regimes.
The Marxist Obama regime is following that same template to a terrifying, yet in no way surprising, degree.
The only question is, how will it end here? What is beyond question is the fact that we are now, in the United States, on the path to genocide.



Shock claim – NaturalNews exclusive – LA ‘authorities’ in Rawesome raw milk raids were impersonating public officials

by Mike Adams, Natural News:
Documents and testimony obtained by NaturalNews allege the following: The Rawesome Foods armed “raw milk raids” and prosecution of James Stewart and Sharon Palmer were carried out in part by law-breaking private citizens pretending to be lawful government authorities. Those individuals — who have been operating under false labels such as “district attorney” or “LAPD officer” — may conceivably be liable for millions of dollars in civil and criminal damages for their actions which technically may be described as:
• The armed robbery of Rawesome Foods, including theft of cash
• Willful destruction of private property
• Criminal kidnapping of James Stewart
• Violation of the civil rights of James Stewart
… and other crimes to be described later.
Read More @ NaturalNews.com



Homeowner Takes a Stand: Defends Property Against Smart Meter Invasion

by Activist Post


A Houston area homeowner, Thelma Taormina, was forced to defend her property and her constitutional rights when a utility worker bypassed her “No Trespassing and No Smart Meters” sign, then started a scuffle to install a Smart Meter.
Thelma and her husband demonstrate in the video below that they have educated themselves about the dangers of Smart Meters to their privacy; so much so that they have formed their own local opposition group to ban Texas Smart Meters. It has been revealed that Smart Meters have the capability to wirelessly monitor a full range of personal data, and can be equipped with an automatic shut off.
Read More @ Activist Post




The Globalist Infiltration: Obama, Israel and the Muslim Brotherhood

by Susanne Posel, Occupy Corporatism:

The global Elite’s puppets are beginning to show their true alliances and rat out each other in an obvious move to find some sort of false sense of security.
Congresswoman Michele Bachmann recently accused Huma Abedin, aide to Hillary Clinton US Secretary of State, as being an infiltrated spy for the Muslim Brotherhood (MB). Bachmann says that the US government has been compromised by the MB and Abedin is working for “America’s demise”.
Bachmann pointed out that Abedin has “routine access to [Clinton] and policymaking.”
While her peers have been denouncing her claims, Bachmann asserts that her investigations into federal agencies has turned up conclusions that there is an obvious influence over intelligence operations with regard to foreign policy by the MB within the US government.
Abedin, who is of Pakistani decent, is married to House Representative Anthony Weiner who is Jewish. Weiner is a self-proclaimed Zionist , as he proudly stated: “Support for Israel was always a very big focus in my household growing up. I am a Zionist.”
Read More @ OccupyCorporatism.com





Today’s Items:

First…
Syria Roulette
http://sjlendman.blogspot.com
Washington policy makers, like Hillary Clinton, appear to be directly responsible for the escalating bloodshed in Syria.   In their view, cold-blooded murders is acceptable as long as it advances America’s imperium as Hillary Clinton warned about a price to be paid.

Next…
Even Counterfeiters Are Giving Up On The Euro
http://www.testosteronepit.com
After a fairly steady period through 2006, euro counterfeiting jumped 70% to its peak in the second quarter of 2009.    By the first half of 2012, counterfeiting had crashed 44%.   The fact that counterfeiters are throwing in the towel is definitely a telltale sign to get out the euro now.

Next…
Central Bank Gold-Buying Increases by 500%
http://www.bullionbullscanada.com
The World Gold Council recently released its own report for the gold market for 2011.  The report noted that gold buying hit a new all-time high in dollar terms and a 15 year high in tonnage.   It appears, with a 500% increase in gold buying, that the world’s central banks have a voracious appetite for this metal of tradition.   Should we assume them to be crazy, or crazy as a fox as they verbally bash gold while buying it by the ton? At any rate, you can be assured, they are not buying ETF’s or any other paper knockoff of gold…  They are buying the physical.

Next…
This Is Why Central Banks Continue To Scramble For Gold
http://kingworldnews.com
The global financial system is failing and those stop gap measures are becoming less and less believable. History tells us that the current status of corruption, greed, unrealistic expectations and monetary abuse is coming to an end.   In addition, there is more and more evidence of the LBMA gold price fixing scheme coming to an end with more talk that unallocated gold and silver is gone and there could be a real move in gold and silver that will literally frighten most people.  Perhaps the only path to financial safety is to transition to something that cannot be inflated away, such as precious metals; therefore, after preparing, keep stacking.

Next…
The Price Of Corn Hits A Record High
http://theeconomiccollapseblog.com
Corn is found in about 74 percent of the products we buy in the supermarket and it is used in more than 3,500 ways.   Americans consume approximately one-third of all the corn grown in the world each year and massive amounts are exported to the rest of the world.   Corn could easily hit $10 a bushel as this drought continues, and with millions of families barely able to feed themselves now, imagine what is going to happen over the next few months.

Next…
12 Signs That The Next Recession In The United States Has Already Begun
http://endoftheamericandream.com
Here are a few…
1. Sales of previously occupied homes dropped by 5.4 percent during June.
2. Only 23 percent of all U.S. businesses plan to hire more workers over the next 6 months.
3. 600,000 American homeowners, that are 50 years of age or older, are currently in foreclosure.

Next…
10 States with the Highest Student Loan Debt
http://www.onlinecolleges.net
Here are the top 3 states with the highest average student loan debt.
3. Iowa $29,598
2. Main $29,983
1. New Hampshire $31,048
Finally, please prepare now for the escalating economic and social unrest. Good Day!

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