There is no real price discovery going on in any markets any more — it’s all being so wildly manipulated. And there is so much misinformation coming out of the mainstream media.
Here is one classic example: An individual from CIBC World Markets said, ‘There’s global demand for high yielding, high quality assets, and the only one that’s in the game is the U.S. bond. People continue to undervalue it.’
I think this will be seen in the fullness of time as one of the most absurd statements ever recorded. The U.S. is by far the world’s largest debtor, and the fact that it still retains its world reserve currency status is the primary reason that its paper retains any value whatsoever at this point.
John Embry continues @ KingWorldNews.com
from ZeroHedge:
Just when one thought the story of Ukraine and its (now non-existant) gold could not get any more surreal, it did.
As a reminder, it was about a month ago when we learned courtesy of an interview on Ukraine TV with the country’s central bank head Valeriya Gontareva, that Ukraine’s gold was virtually all gone, when she made the stunning admission that “in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it’s just 1% of reserves.”
That in itself would have been sufficient to explain why just a few short days later, the Netherlands shocked the world when it announced it had secretly repatriated 122 tonnes of gold from the NY Fed, and had the story of Ukraine’s missing gold ended there (or even with the criminal probe launched by Ukraine whether the central bank head had abused her power and misused her office when she “intentionally committed an extremely unfavorable transaction for the gold and forex reserves of Ukraine”), it still would have been one of the most bizarre, surreal stories of 2014.
Read More @ zerohedge.com
“These are our First Amendment rights too… If people don’t like it, they don’t have to look…”
by Adan Salazar, Infowars:
A roadside billboard advertisement featuring St. Nick holding an AR-15 rifle has been causing a stir in Northern California.
The Down Range Indoor Training Center in Chico borrowed the iconic image of the jolly fat man emblematic of the Christmas season and retrofitted him with sunglasses, a mean mug and an AR-15. “We build AR’s for Santa,” the sign facing towards Highway 99 reads.
The range’s co-owner, Steve Dyke, feels the billboard lends the Christmas season a little humor.
Read More @ Infowars.com
by Adan Salazar, Infowars:
A roadside billboard advertisement featuring St. Nick holding an AR-15 rifle has been causing a stir in Northern California.
The Down Range Indoor Training Center in Chico borrowed the iconic image of the jolly fat man emblematic of the Christmas season and retrofitted him with sunglasses, a mean mug and an AR-15. “We build AR’s for Santa,” the sign facing towards Highway 99 reads.
The range’s co-owner, Steve Dyke, feels the billboard lends the Christmas season a little humor.
Read More @ Infowars.com
Belarus In Full-Blown Hyperinflation Panic: Blocks News, Online Stores; Bans All FX Trading For 2 Years
Submitted by Tyler Durden on 12/22/2014 - 15:33
from Armstrong Economics:
The US government is perhaps one of the most arrogant in the world. They preach human right violations against China and Russia when in fact they are the worst of all. When the International Criminal Court was established among nations, the USA sought to impose that authority on the rest of the world while it EXEMPTED our politicians and bureaucrats from every being charged or put on trial.
The American Servicemembers’ Protection Act (ASPA) authorizes the US president to use “all means necessary and appropriate to bring about the release of any US or allied personnel being detained or imprisoned by, on behalf of, or at the request of the International Criminal Court” (ICC). This authorization has led the act to be nicknamed The Hague Invasion Act, because the freeing of U.S. citizens by force might be possible only through an invasion of the Hague, in Netherlands, which is the seat of several international criminal courts and of the Dutch government.
Read More @ ArmstrongEconomics.org
The US government is perhaps one of the most arrogant in the world. They preach human right violations against China and Russia when in fact they are the worst of all. When the International Criminal Court was established among nations, the USA sought to impose that authority on the rest of the world while it EXEMPTED our politicians and bureaucrats from every being charged or put on trial.
The American Servicemembers’ Protection Act (ASPA) authorizes the US president to use “all means necessary and appropriate to bring about the release of any US or allied personnel being detained or imprisoned by, on behalf of, or at the request of the International Criminal Court” (ICC). This authorization has led the act to be nicknamed The Hague Invasion Act, because the freeing of U.S. citizens by force might be possible only through an invasion of the Hague, in Netherlands, which is the seat of several international criminal courts and of the Dutch government.
Read More @ ArmstrongEconomics.org
by Bill Holter, Miles Franklin:
Before getting to my main topic, Harry Dent’s monetary delusion, we have been barraged with information over the last two weeks. Normally this time of year we do not see much in the way of news whether it be financial or geopolitical, not so this year! In just the last two weeks we experienced some very strange combinations of news and actions. It was just last Monday when I connected many dots for you. China changed collateral rules, crashing oil has impaired low credit shale debt which is spreading to other high yield credits, Congress snuck $303 trillion worth of derivatives on to taxpayer’s shoulders, Russia began testing their alternative SWIFT system and CME/COMEX announced wide collars beginning Dec. 22 for metals trading.
Here we are a whopping 5 business days later and a whole new set of data points are available to chew on. First, the IMF seems to be targeting the dollar in their gun sights. Will there be a try at supplanting the dollar with SDR’s? Another new set of sanctions has been placed on Russia which are a cut and dry declaration of war (Congress).
Read More @ MilesFranklin.com
Before getting to my main topic, Harry Dent’s monetary delusion, we have been barraged with information over the last two weeks. Normally this time of year we do not see much in the way of news whether it be financial or geopolitical, not so this year! In just the last two weeks we experienced some very strange combinations of news and actions. It was just last Monday when I connected many dots for you. China changed collateral rules, crashing oil has impaired low credit shale debt which is spreading to other high yield credits, Congress snuck $303 trillion worth of derivatives on to taxpayer’s shoulders, Russia began testing their alternative SWIFT system and CME/COMEX announced wide collars beginning Dec. 22 for metals trading.
Here we are a whopping 5 business days later and a whole new set of data points are available to chew on. First, the IMF seems to be targeting the dollar in their gun sights. Will there be a try at supplanting the dollar with SDR’s? Another new set of sanctions has been placed on Russia which are a cut and dry declaration of war (Congress).
Read More @ MilesFranklin.com
The Doom Boom: US Families Increasingly Prepared For "Modern Day Apocalypse"
Submitted by Tyler Durden on 12/22/2014 - 18:00 From the outside America may seem to be a land of endless optimism and confidence. But, as Sky News reports, an increasing number of Americans seem to think it is danger of falling apart, and they're preparing for the end. "We're not talking about folks walking around wearing tin foil on their heads,; we're not talking about conspiracy theorists. I'm talking about professionals: doctors and lawyers and law enforcement and military. Normal, everyday people. They can't necessarily put their finger on it. But there's something about the uncertainty of our times. They know something isn't quite right."
by Christina Sarich, Natural Society:
After the devastating loss in Oregon’s labeling campaign to gain transparency regarding genetically modified organisms, many consumers have begun looking for a new tactic to defeat Monsanto and its millions. If we can’t go through democratic channels due to the infiltration of our government agencies as well as food makers that have spent unprecedented sums to keep us in the dark about what is in our food – how do we make sure we are not eating toxic, biotech products?
It seems there are three (possibly four) battles in the war to fight GMOs, and each has their positives and negatives. Here they are laid out in simple terms, but I encourage you to voice your opinion on social media sites by re-posting and commenting below so that we can finally disarm the companies causing great damage to our world food supply and eradicating balance in nature as fast as activists can try to replace it.
Read More @ NaturalSociety.com
After the devastating loss in Oregon’s labeling campaign to gain transparency regarding genetically modified organisms, many consumers have begun looking for a new tactic to defeat Monsanto and its millions. If we can’t go through democratic channels due to the infiltration of our government agencies as well as food makers that have spent unprecedented sums to keep us in the dark about what is in our food – how do we make sure we are not eating toxic, biotech products?
It seems there are three (possibly four) battles in the war to fight GMOs, and each has their positives and negatives. Here they are laid out in simple terms, but I encourage you to voice your opinion on social media sites by re-posting and commenting below so that we can finally disarm the companies causing great damage to our world food supply and eradicating balance in nature as fast as activists can try to replace it.
Read More @ NaturalSociety.com
from Ammo Land:
The AR-15’s modular design makes it easy to change out parts, and customize the rifle to whatever configuration you want.
You can set up the gun for plinking, competition, long-range precision, tactical applications – variations are pretty much limited only by your own imagination.
One of the most-changed parts on an AR-15 is the handguard. Once you know what length gas system your AR has – carbine, mid-length or rifle – you can choose the corresponding handguard and start making your rifle easier to use, able to accept useful accessories, not to mention look better immediately.
Read More @ AmmoLand.com
The AR-15’s modular design makes it easy to change out parts, and customize the rifle to whatever configuration you want.
You can set up the gun for plinking, competition, long-range precision, tactical applications – variations are pretty much limited only by your own imagination.
One of the most-changed parts on an AR-15 is the handguard. Once you know what length gas system your AR has – carbine, mid-length or rifle – you can choose the corresponding handguard and start making your rifle easier to use, able to accept useful accessories, not to mention look better immediately.
Read More @ AmmoLand.com
by Tim Brown, Freedom Outpost:
Major retail stores in New York are coming under fire by the tyranny being imposed upon them by pretended legislation. Wal-Mart, Sears, K-Mart and other retailers have been sent cease and desist letters by Attorney General Eric T. Scheiderman telling them to stop selling toys guns, which he claims are a violation of state law.
“When toy guns are mistaken for real guns, there can be tragic consequences,” said Attorney General Schneiderman. “New York State law is clear: retailers cannot put children and law enforcement at risk by selling toy guns that are virtually indistinguishable from the real thing.”
According to state “law,” toy guns can be sold, but they cannot be “imitation guns in realistic colors such as black, blue, silver, or aluminum, unless it has a non-removable one-inch-wide orange stripe running down both sides of the barrel and the front end of the barrel.”
Read More @ FreedomOutpost.com
from visionvictory
by Karl Denninger, Market-Ticker:
And now, the admissions start to come out.
(Prosecutor) McCulloch said in a radio interview on Friday that some witnesses obviously lied to the grand jury.
Lying to a Grand Jury is perjury. It is a crime.
So is suborning perjury; the persuading or allowing of someone to swear falsely under oath.
And now McCulloch has admitted he knew this to be the case:
Read More @ Market-Ticker.org
And now, the admissions start to come out.
(Prosecutor) McCulloch said in a radio interview on Friday that some witnesses obviously lied to the grand jury.
Lying to a Grand Jury is perjury. It is a crime.
So is suborning perjury; the persuading or allowing of someone to swear falsely under oath.
And now McCulloch has admitted he knew this to be the case:
Read More @ Market-Ticker.org
by Michael Snyder, The Economic Collapse Blog:
Make no mistake – there is now a state of open warfare on the streets of America. Earlier this year it was being reported that the number of police officers killed on the job was up 40 percent in 2014, and that was before all of the civil unrest caused by the deaths of Michael Brown and Eric Garner. At this point, attacks on police officers are becoming a frequent occurrence all over the country, but no incident has stunned the nation as much as the “execution-style” murder of two NYPD officers on Saturday by a radical Islamic gunman identified as Ismaaiyl Brinsley. Just prior to the attack, Brinsley posted a message on Instagram in which he declared that he was “putting wings on pigs today”. Many would like to dismiss this as an “isolated incident” and pretend that everything is just fine in America, but that is not the truth. The reality of the matter is that anti-police sentiment in this country is at an all-time high, and the level of anger and frustration in our increasingly radicalized urban communities has reached a boiling point. As economic conditions continue to deteriorate and police tactics become even more brutal in the years ahead, the kind of rioting, looting and senseless violence that we witnessed in Ferguson is going to become commonplace in major cities all over the United States.
Read More…
Make no mistake – there is now a state of open warfare on the streets of America. Earlier this year it was being reported that the number of police officers killed on the job was up 40 percent in 2014, and that was before all of the civil unrest caused by the deaths of Michael Brown and Eric Garner. At this point, attacks on police officers are becoming a frequent occurrence all over the country, but no incident has stunned the nation as much as the “execution-style” murder of two NYPD officers on Saturday by a radical Islamic gunman identified as Ismaaiyl Brinsley. Just prior to the attack, Brinsley posted a message on Instagram in which he declared that he was “putting wings on pigs today”. Many would like to dismiss this as an “isolated incident” and pretend that everything is just fine in America, but that is not the truth. The reality of the matter is that anti-police sentiment in this country is at an all-time high, and the level of anger and frustration in our increasingly radicalized urban communities has reached a boiling point. As economic conditions continue to deteriorate and police tactics become even more brutal in the years ahead, the kind of rioting, looting and senseless violence that we witnessed in Ferguson is going to become commonplace in major cities all over the United States.
Read More…
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