Monday, May 4, 2015

Cashless Society Will Make BANK RUNS Impossible as Nations Begin to Collapse


from The Money GPS:



50-Year Veteran Warns Massive Bubble Is Ready To Pop And It’s Going To Crush People

from KingWorldNews:
I’m focused on this interesting action in gold and silver. They were smashed in an orchestrated raid late last week, and it was obvious that is was a massive algorithm-related selling bout that occurred at the usual times. Then you were subjected to the obnoxious headlines on Kitco, which if you understand these markets you would also understand are pure propaganda.
Kitco is allegedly a gold site but it goes to great lengths to obscure the truth about what is really happening in the precious metals markets.
Thus it is more than encouraging that gold and silver have rebounded so sharply this morning. Does it mean that we are out of the woods yet? I think you would have to ask the Bank for International Settlements, the Western central banks and their bullion bank cronies, to get an accurate answer, and I can assure you that they won’t be talking.
John Embry continues @ KingWorldNews.com




Stephen Roach Derides Central Bankers' Mass Delusion

The world economy is in the grips of a dangerous delusion. As the great boom that began in the 1990s gave way to an even greater bust, policymakers resorted to the timeworn tricks of financial engineering in an effort to recapture the magic. In doing so, they turned an unbalanced global economy into the Petri dish of the greatest experiment in the modern history of economic policy. They were convinced that it was a controlled experiment. Nothing could be further from the truth.



"Oh It's Gonna Blow Up Tonight" - Baltimore In Turmoil After Latest Gun 'Incident'

And just as things in Baltimore were quieting down...



American Cops are Upgraded Slave Patrols

by Philippe Gastonne, The Daily Bell:
It might sound like complete nonsense until you do a little bit of historical research. People often assume that community policing has always been around, that without police society itself would crumble. Few realize that the model of policing that we know today in the United States has its origins in slave patrols.
The sort of propaganda that many of us are raised to believe has led us to imagine that society was built by “law and order” policing, with regular community patrols, proactively seeking to prevent crime through “policing” the community. But nothing could be further from the truth. – Counter Current News,  April 15, 2015
Ask a traditional small-government conservative to define government’s appropriate role, and most will list police as a necessary function. We need them to maintain order and stop evildoers. Yet history shows that societies around the globe managed to maintain order and stop evildoers for centuries, without anything resembling the kind of police departments considered so indispensable today.
Read More @ TheDailyBell.com


Corporate Media Blacks Out Coverage of Bill to Overturn Corporate Personhood

by Pam Martens and Russ Martens, Wall Street on Parade:
Last Wednesday, the grassroots organization, Move to Amend, held a press conference at the National Press Club to announce that six members of the U.S. House of Representatives were introducing legislation to overturn Citizens United v FEC to make free speech and all other rights guaranteed under the U.S. Constitution available only to “natural persons,” not corporations or limited liability companies. The legislation would also give Federal, state and local governments the ability to limit political contributions to “ensure all citizens,  regardless of their economic status, have access to the political process.”
When corporations overturn the will of the people, it’s widely covered by corporate media. When the people fight back, the news is frequently blacked out. As of this morning, we could find no major corporate media outlet or corporate wire service reporting on last Wednesday’s press conference by Move to Amend. That might be because there was evidence presented at the press conference of a groundswell of public momentum to overturn Citizens United, the decision handed down on January 21, 2010 by the U.S. Supreme Court that opened the floodgates to corporate campaign spending in elections along with super wealthy donors.
Read More @ WallStreetonParade.com



Ron Paul Warns The "USA Freedom Act" Is Just Another Name For Lost Liberty

Fourteen years after the PATRIOT Act was rushed into law, it is clear that sacrificing liberty does little or nothing to preserve security. Instead of trying to fool the American people with phony reforms, Congress should repeal all laws that violate the Fourth Amendment, starting with the PATRIOT Act.

Al Sharpton Reveals Federal Agenda: “We Need the Justice Department to Take Over Policing”

by Mac Slavo, SHTFPlan:

It isn’t really about Freddie Gray. And it isn’t really about race, either.
It’s about federal power over policing in America.
That agenda, which SHTF reported on back in December, is made plain by the latest from the Rev. Al Sharpton.
His march on Washington isn’t just an attempt to stir up sympathy points in a divided political landscape. By his own words, Sharpton is trying to use the issue to fight states’ rights and have the Justice Department intervene at the federal level with local police affairs:
Read More @ SHTFPlan.com


Important Updates: Stock Market, Gold, Silver, US Dollar

from Gregory Mannarino:



CNN Exploits Garland Shooting to Attack 2nd Amendment

by Kurt Nimmo, Infowars:
Soon after the attack in Texas on the “Muhammad Art Exhibit and Cartoon Contest” at the Culwell Event Center in North Garland, CNN tweeted that the alleged perpetrators were armed with automatic weapons. A search of news stories does not confirm that police made the claim. The CNN tweet points to an article on the CNN website that does not mention automatic weapons.
The phrase, however, does appear in a Reuters news report. “In Sunday’s incident, the two suspects drove up to the building in a car as the event was coming to an end, and opened fire with automatic rifles at an unarmed security officer, striking him in the leg, police and city officials said.”
It is unclear if police told Reuters the suspects used automatic weapons or this was an assumption on the part of Reuters. The article does not contain a direct quote from police.
Read More @ Infowars.com


Why Nazism Was Socialism and Why Socialism Is Totalitarian

from Stefan Molyneux:





Federal Reserve 1 - 0 Saudi Arabia

Since we last updated the state of Saudi Arabia's reserve stash, things have gone from bad to worse. It appears the battle to crush US Shale producers is taking its toll as The FT reports, Saudi Arabia is burning through its foreign reserves at a record rate as the kingdom seeks to maintain spending plans (and thus social stability) despite lower oil prices. All the time The Fed remains 'easy', no matter how negative US Shale cashflows are, the muppets will buy their debt and keep the mal-invested market alive. Saudi reserves are now their lowest in almost 2 years (but they have plenty more to chew through to out-wait The Fed).
 



How Chinese Oligarchs Used Fake Trade Invoices To Launder Almost $1 Trillion Globally

"China’s capital account might be closed—but it’s not that closed. Between 2003 and 2012, $1.3 trillion slipped out of mainland China—more than any other developing country... GFI says the most common way money leaks out in the developing world is through fake trade invoices. The other big culprit is “hot money,” likely due to corruption—which GFI gleans from inconsistencies in balance of payments data. In China, both activities have picked up since 2009." Just like in the U.S., the so-called government “stimulus” in China achieved nothing more than to stimulate an oligarch crime spree. Hence the global boom in $100 million real estate, art and everything extremely high-end. As intended, the bailouts and stimulus on a global basis went directly to the 0.0001%.
 


Catastrophic California Drought Causing Infestation Wave of Rodents Looking for Water

by L.J. Devon, Natural News:
As California’s climate fades to desert, rats are coming out of their hiding places in search of water. They are coming out to parks to steal water from dog bowls and attacking horse troughs in desperate need of something to drink. They are finding new ways into homes and becoming a menace like never before. Pest control specialists are seeing a new wave of rodents this year, and it’s not just because it’s their normal breeding season. “It’s a very busy time especially with the drought situation,” said Kevin Carpenter with Good Earth Pest Control. Rats are reportedly finding spaces a small as the width of a thumb through which to squeeze into homes. Since they need at least an ounce of water a day to survive, rats are taking over any place where water is left unattended. Houses that aren’t protected are becoming an oasis for rats seeking shelter from the growing desert conditions.
Rodents climbing trees, taking water from bird baths
“They’re moving to homes where people might have pets or water features, bird baths, that sort of thing in search of water,” said Carpenter.
Read More @ NaturalNews.com

Gates Says Bet On Yuan As IMF Calls Currency Fairly Valued

For the first time in more than ten years, the IMF believes the yuan is close to fairly valued. This comes as the fund considers the yuan for SDR inclusion later this year and as China attempts to promote the currency to a more prominent role in the global economy. Meanwhile, Bill Gates says that although he "loves the dollar" he'd "put his bet on yuan."

 

Hillary Loves Bill

...lots of bills...
 



Fed Admits Yellen "Met With" FOMC Leaker In 2012, DOJ Probe Begins

Just two weeks ago we pointed out the fact that The Fed had seemingly ignored Congressional demands for details with regard the 2012 FOMC Statement leak. Now we know why they missed the deadline:
*YELLEN SAYS SHE MET WITH MEDLEY GLOBAL ANALYST IN JUNE 2012, SAYS SHE DIDN'T GIVE MEDLEY CONFIDENTIAL INFORMATION
So she met with the analyst that leaked the statement... but didn't say anything? The Justice Department has opened a formal investigation into the FOMC leak (and we suspect sworn testimony coming).
 


 
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