Tuesday, May 19, 2015

Theft Of Greek Bank Deposits To Send Shockwaves Around The World

from KingWorldNews:
We have another battle on our hands in the precious metals markets. Gold is again bumping up against resistance in the $1,225 area. Gold slipped below that price in mid-February and since then has been battling to hurdle back above it. Gold twice probed $1,225 in March, and two more times in April. But like a resolute and determined soldier aiming to seize an objective, gold is again probing $1,225 here in May.
Central Planners Having A Hard Time Suppressing Gold Price
However, this time gold has already managed to briefly hurdle this level, but for the moment has been beaten back. Nevertheless, this time around the central planners are finding it more difficult to keep a lid on the gold price. Given the resistance being placed around $1,225 and immediately above, it would not be unreasonable for gold to back-and-fill for awhile. After all, look at what it has accomplished over the past two months. From a low of $1,142 in mid-March, gold is now knocking against its $1,225 nemesis. That’s a better than 7 percent gain in only two months.
James Turk continues @ KingWorldNews.com

Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?

by Michael Snyder, Economic Collapse Blog:
Do you remember what happened when Cyprus decided to defy the EU?  In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts.  Well, the nation of Greece is now approaching a similar endgame.  At this point, the Greek government has not received any money from the EU or the IMF since August 2014.  As you can imagine, that means that Greek government accounts are just about bone dry.  The new Greek government continues to insist that it will never “violate its anti-austerity mandate”, but the screws are tightening.  Right now the unemployment rate in Greece is over 25 percent and the banking system is on the verge of collapse.  It isn’t going to take much to set off a panic, and when it does happen there are already rumors that the EU plans to confiscate money from private bank accounts just like they did in Cyprus.
Throughout this entire multi-year crisis, things have never been this dire for the Greek government.  In fact, Greece came thisclose to defaulting on a loan payment to the IMF back on May 12th.  And with essentially no money remaining at all, the Greek government is supposed to make several large payments in the weeks ahead
Read More…


What The BANKSTERS Have Wrought: Over 200,000 Greeks Apply For Humanitarian Crisis Relief

from Zero Hedge:
UPDATE: Greek Default Would Mean Poverty Trap, Dijsselbloem Tells VN
The Humanitarian Crisis Relief program was one of the top priorities of the SYRIZA-Independent Greeks coalition government and it was pushed forwards despite the Troika-Institutions objections. After the EU leaders Summit end of March, EU Commission President Jean Claude Juncker had announced to release 2 billion euro to tackle the Greek humanitarian crisis. While it is not clear if Juncker sent the money or not, As KeepTalkingGreece reports, 212,897 Greeks have so far submitted requests to be part of the Humanitarian Crisis Relief Program.
The majority of the needy seek help with food, while a percentage seeks financial aid to pay rent and an even smaller percentage needs free electricity.
Read More @ Zerohedge.com

RED ALERT: Your Retirement Funds Are In Grave Danger

from The Wealth Watchman:

Folks in our time are slowly becoming more aware that governments are the last places on earth whose word you should take at face value.  From broken healthcare promises, to flagrant privacy violations, to illegal confiscation of assets, there’s no line that governments won’t cross.  Yet, oddly enough, with all the promises being broken left and right, most folks who are looking to retire in the not-too-distant-future aren’t taking the numerous threats to their retirement assets very seriously.
Particularly, in the last 5 years, the world has seen a disturbing trend of retirement asset seizures, and though the types of defaults or confiscations of retirement assets may vary, the cause of those pension thefts actually varies very little.  Pension promises are some of the most serious ones that governments make, and the rate at which these promises are being broken, further demonstrates how far gone the world financial system actually is.
Read More…


The Precious Metal Favored During A Financial Crisis Isn’t Gold

Got [Physical] Silver?
from SRS Rocco Report:

Many of the top precious metal analysts state that gold is the premium asset and insurance hedge during a financial collapse.  We hear this time and time again.  However, if we look at the data during the near collapse of the U.S. Banking and financial system in 2008, gold wasn’t the most sought after precious metal.
Before the failure of Bear Stearns, Lehman Brothers, Merrill Lynch and AIG (2008), physical gold and silver investment was minimal.  For example, in 2007 total physical gold investment was 438 metric tons (mt) while investors purchased 1,605 mt of silver.  This translates to 14 million oz (Moz) of physical gold investment versus 51 Moz of silver.
But, the very next year as the U.S. and world financial system experienced a heart attack, physical gold and silver investment surged.  Even though physical gold investment more than doubled to 913 mt, silver investment demand skyrocketed to a stunning 5,826 mt.
Read More…


“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire

from Wolf Street:
It came from a voice that has, by law, the ear of the German government. Peter Bofinger is a member of the German Council of Economic Experts – the “Five Sages on the Economy” – which in its official function advises the government and parliament on economic policy issues. These folks are taken seriously.
So Bofinger told the German magazine Der Spiegel in an interview (full interview behind paywall) that cash should be done away with.
In Denmark, a new law was proposed that would allow shops to refuse cash payments. Officially, it’s to reduce the “administrative and financial burdens” of handling cash. Since it’s up to the shop to decide, the law sounds innocuous. But it would be another step to making money a purely electronic entity that can be seamlessly tracked anywhere. It would also be another step in granting the central bank the absolute power to inflict confiscatory monetary policies on any entity or person with money in the bank.
Read More @ Wolfstreet.com
image/doublespeak.us


Why the War on Cash is really a War on Freedom

by Matthew Kerkhoff, SilverBearCafe.com:
Negative interest rates will only work if the people cannot remove their funds in the form of cash. Once cash is removed from the system then “money” is captured within the banking system and they can charge whatever negative interest rates, service charges and fees that they desire. The only thing that will hold them back at all is competition within the banking community and that is disappearing fast with all the mergers and mega-banks.
Negative interest rates discourages saving and encourages spending and immediate consumption. The very basis of capitalism is to acquire capital through savings. The ditch digger who uses a shovel is trapped with a given production rate. Regardless how early he starts and how late he works he can only dig so far. But if he saves his money or capital and one day buys a backhoe he is all of a sudden 100 times more productive and can earn much more with his labor.
Read More @ SilverBearCafe.com


Once Cash Is Banned They Will Be Able To Force You To Buy Products: “Just Tax Their Excess Account Balance”

by Mac Slavo, SHTFPlan:
In recent weeks we’ve seen numerous reports of how banks are actively working with governments to restrict cash usage. JP Morgan Chase, one of the world’s largest banks, has advised their customers that storing cash in their safe deposit boxes is no longer allowed – for your safety, of course. The new policy sounds ridiculous but makes complete sense when you consider that you would then be left with no other choice than to hold your money exclusively in your bank account, where the bank will simply charge you for the privilege of depositing your funds in their fine financial institution.
Any normal working class individual would have the same reaction you’re problem having right now to this news: take your cash out of the bank. While that may sound like a great plan, it turns out that bank employees have been told by the government that they should be reporting to law enforcement officials any suspicious looking cash transactions, especially withdrawals, even if they are for just a couple of thousand dollars so that enforcement agents can then seize those funds.
Read More @ SHTFPlan.com

“I’m afraid there is no money.”

by Bill Black, New Economic Perspectives :
One of the great ironies is that just as neo-liberal economics and “modern finance” were falsifying each of their core claims Tony Blair led New Labour to embrace both dogmas. The result was a double economic catastrophe and it also led to the defeat of New Labour at the polls. I have already explained how Blair’s and Gordon Brown’s embrace of the most criminal and corrupt elements of the City of London (and their dogmas) and their resultant unholy war on financial regulation caused the UK financial crises and the UK’s Great Recession.
But after this catastrophe, New Labour’s attachment to insane austerity policies became a death grip. It also led to the single stupidest political action by a New Labour official (Liam Byrne) – one that continues to haunt his party today.
Read More @ neweconomicperspectives.org
image/usawatchdog.com



Why You Should Vote For Nobody





 

 

 

The 2016 Presidential Election Already Happened!

from TruthNeverTold:



The World Of Globalism, The Galaxy Of Slavery

from Alt-Market:
I’ve been chipping away and drilling the rock of Globalism for some years now (Archive::Globalist). At times, connections between my various investigations seemed uncertain, but eventually the picture swam into view.
Medically caused death and destruction. Toxic drugs. Toxic vaccines. Genetically modified food plants and their poisonous pesticides. International trade treaties. Manufactured unemployment. The pseudoscience of psychiatry. Political and media dupes. The art of group propaganda. Indoctrination and lowered IQ through education. Television mind control. Banking. Wall Street. Technocracy. And dozens more subjects.
Read More @ Alt-Market.com

Bloomberg to Launch Proprietary Anti-Gun Media Arm

by AWR Hawkins, Ammoland:

Fairfax, VA -(Ammoland.com)- The ceaseless torrent of anti-gun commentary from the New York Times, Washington Post, MSNBC, and other “mainstream” media outlets, apparently isn’t enough for billionaire firearm prohibitionist Michael Bloomberg.
On May 8, Capital reported that the ex-mayor of New York is developing a “news operation” to work alongside his Everytown for Gun Safety organization in furtherance of his megalomaniacal gun control agenda.
Read More @ Ammoland.com

Is Latest Trident ‘Nuclear Whistleblower’ Real, or Part of a Bigger Ruse?

from 21st Century Wire:
What is the real story? Is it really about how safe Britain’s ‘nuclear deterrent’ is, or is there more to this narrative?
Previously, a 25-year-old British weapons engineer serving on board the HMS Victorious had leaked information to the public about multiple security lapses and technical faults in Britain’s Trident nuclear missile submarine carrier fleet, stationed at Faslane on the Clyde, Scotland.
According to an 18 page report published on WikiLeaks entitled The Nuclear Secrets, whistleblower William McNeilly described how potential attackers had “the perfect opportunity to send nuclear warheads crashing down on the UK.”
Read More @ 21stCenturyWire.com



State Department To Release Hillary Emails... In January 2016!

The good news: A federal judge on Tuesday ordered the U.S. State Department to produce a schedule for the release of emails that Hillary Clinton sent and received while she was secretary of state, a legal move that could complicate her presidential campaign.
The other news: The State Department is proposing a deadline of January 2016 to complete its review...
You just can't make this up!

Jindal on Hillary Clinton’s Vision: ‘It Sounds Like Reeducation Camps’

by Craig Millward, CNS News:
Gov. Bobby Jindal (R.-La.) told Fox News on Sunday that former Secretary of State Hillary Clinton sounded like she was pushing for “re-education camps” when she said “deep-seated cultural codes, religious beliefs and structural biases have to be changed” on abortion.
“The reality is first of all you listen to her language: ‘our religious beliefs need to be changed.’ It sounds like reeducation camps. She didn’t say specifically how she wants us to change our beliefs. My religious beliefs aren’t between me and Hillary Clinton. They’re between me and God,” Jindal said.
Jindal was asked what he thought about Clinton saying religious beliefs will have to be changed in terms of abortion.
Read More @ CNS News.com

Bride of Frankenfood: Hillary Clinton Pushes GMO Agenda… Hires Monsanto Lobbyist… Takes Huge Dollars from Monsanto

by Mike Adams, Natural News:
Democrats who had been programmed to blindly vote for Hillary Clinton are picking their jaws up off the floor after learning the truth about Hillary’s ties to Monsanto. The ties run so deep that she’s now being dubbed the “Bride of Frankenfood.” ()
Shockingly, Hillary Clinton’s ties to Monsanto are new information to her liberal support base. It drives home the important point that nearly everyone supporting Hillary Clinton has no idea who she really is, as evidenced by this stunning new video from Mark Dice and Luke Rudkowski.
“Hillary Rodham Clinton’s ties to agribusiness giant Monsanto, and her advocacy for the industry’s genetically modified crops, have environmentalists in Iowa calling her ‘Bride of Frankenfood'” reports the Washington Times. “A large faction of women voiced strong support for Mrs. Clinton’s candidacy until the GMO issue came up, prompting them to switch allegiances to Sen. Bernard Sanders of Vermont, a liberal stalwart challenging her for the Democratic nomination.”
Read More @ NaturalNews.com


Congressman Dan Burton Questions FDA Representative Over Mercury In Vaccines

from Vaccination Information Network :



 

Watch What Happens When a Family Eats Only Organic for Two Weeks

by Christina Sarich, Natural Society:
As said by Dr. Jesse Henley, pesticides kill pests by damaging their cellular structure. Though pesticides, fungicides, growth regulators, and herbicides were meant to control how a plant grows, there is no doubt that they affect us too – and we are using more pesticides and herbicides than ever.
Strangely, these chemicals aren’t destroying pests – they are likely destroying us. As Dr. Henley explains, when pesticides and herbicides were invented, 37 percent of our crops were being lost to pests – 57 years later, more than 37 percent of our crops are being destroyed. What else is being harmed in the process of all this spraying?
We use all of the below listed chemicals together, too, and we don’t really know what their synergistic results are:
Read More @ NaturalSociety.com

Obama Bans Military Equipment for Local Police to Stop “Paramilitary-like Response to Riots”

by Mac Slavo, SHTFPlan:

After militarizing police, Obama is putting law enforcement weapons under federal control.
With the help of President Obama and key media figures, the plight of inner city blacks against police brutality has become a major source of divide in society, as high profile cases including Freddie Gray, Michael Brown, Eric Garner and, of course, Trayvon Martin, have driven a narrative that has communities demanding police accountability and on watch for the next incident that could stir the pot.
The country has witnessed riots in Baltimore and Ferguson and wide scale protest and civil disobedience movements growing in response to issues of police abuse and excessive force.
Read More @ SHTFPlan.com
 

School Sparks Outrage After Isolating Student in Frigid Solitary Confinement

by Adan Salazar, Infowars:
A school in Texas has defended its use of a frigid “focus room” where one child claims to have been isolated for more than two days. Parents Lillian Borjas and Trevor Snowden were disturbed to discover the punishment being meted out to their child at the Carl Schurz Elementary School in New Braunfels.
A blog post entitled The “Focus Room” Horror first published details last week regarding 9-year-old Alex’s claims, accompanied by photos taken by the boy’s mother of Alex sitting in the corner of the room with his hands tucked inside his shirt. Alex’s mother says she was denied access to the room four or five times before the school’s vice principal escorted her to see her son.
“Immediately Alex’s mom pulled out her phone and started taking pictures as the vice principal tried to block her,” the blog states, adding the mother was also unable to re-enter the room in order to photograph the thermostat.
Read More @ Infowars.com

Immigration Orphans: How US Policy is Hurting American Kids

from ReasonTV:



Fed Rate-Hike To Trigger ‘Next Crash’ In 2016?

by Jeff Nielson, Bullion Bulls:
Over the first half of this year; several trends (and schemes) have seemed to emerge, as the One Bank herds the West (and most of the Rest of the World?) towards another mass-shearing. Indeed, now that “bail-ins” have been rubber-stamped by all Western governments as the newest way for the banksters to steal/confiscate wealth; it appears we are heading for a final plundering of these bankrupt Western regimes, which lack the solvency to withstand another, dramatic financial shock.
However, up to this point; the “trends” have not seemed to be in-synch with the one of the “schemes”. Specifically; it has previously been laid out to readers that almost certainly the Next Crash is already scheduled for 2016. We have two, strong reasons for adopting this conclusion:
1)  Staging a crash as ½ of the U.S. Two-Party Dictatorship nears the end of its term allows the banksters to use the old regime as scapegoat for the crash, while the other half of the tag-team plays the role of White Knight, supposedly “riding to the rescue” of the besieged population.
Read More @ BullionBullsCanada.com


A Newly Released Jade Helm Document Reveals the True Intent of the Drill

by Dave Hodges, The Common Sense Show:
A relatively new and obscure document, U.S. Army Special Operations Command “ARSOF Operating Concept” is the blueprint for Jade Helm. This document does not boldly use phrases such as “extracting political dissidents”, but it does use “legal language” to basically communicate the same messages that many in the Independent Media have been telling the public about for 6 weeks, namely, that ARSOF is going to be used to extract political dissidents and then enforce martial law.
Key phrases and terms of the ARSOF document are presented here so as to have no misunderstanding as to meaning and intent. Other relevant military documents are mentioned in order to reinforce the interpretation of the ARSOF, Jade Helm inspired document.
Read More


Obama and Gitmo, The Nasty Truth

by Gordon Duff, NEO, via The Phaser:
In 2008, Barak Obama as a presidential candidate announced he would close the American prison at Guantanamo. It is now 2015 and after 7 years in office he didn’t keep his word or did he? Activists and liberals around the world have continually cited the failure to close “Gitmo” as proof that President Obama was no different than President Bush, either of them. Most of them knew better, knew why “Gitmo” is open to this day, who is responsible and the perversion of American government that has kept this international embarrassment alive and well.
This week, Senator John McCain, chairman of the Senate Committee on Armed Services indicated that his party might consider ending its blockade on funding authorizations needed for President Obama to close Guantanamo. It seems Guantanamo has been kept open all these years, not by President Obama, but by the Republican Party, the one that finances the groups that attack President Obama for failing to close Guantanamo. This should be no surprise in a world where “sound bites” and “bumper stickers” are treated as political polemics.
Read More @ ThePhaser.com


50-Year Veteran On Ray Dalio, The Shocking State Of The World And Mainstream Media Misinformation

from Kingworldnews:
I’m focused on the intense interference in the market these days. It’s getting worse with each passing day, as the central planners become more and more desperate. A recent insult to rational thought was the apparent plunge in the inflation rate in U.S. wholesale prices in April — a 0.4 percent decline. That decline was against an expected 1 percent increase. However, a significant portion of the decline was attributed to the index for gasoline, which declined 4.7 percent. In reality, gasoline prices rose by 8 percent during April.
Already Debt-Ridden Consumer Being Further Crippled
I don’t care what sort of seasonal adjustments they use, but these sort of numbers are preposterous, and very indicative of the quality of U.S. economic stats in recent years. In my opinion the U.S. economy is already receding and the prices of necessities are under upward pressure. This is having the effect of further crippling the already damaged and debt-ridden consumer.
John Embry Continues @ King World News


Only 3 Weeks Of Collateral Left For Greece…

from Chuck Butler, Daily Pfennig:
The U.S. Data Cupboard was not kind to those rate hike campers last Friday… The two major prints, Industrial Production and Capacity Utilization both disappointed like I said they would in the Pfennig Friday morning… Industrial Production (IP) fell -.3% in April, marking the 5th consecutive monthly decline… Also marking its 5th consecutive month of declines, Capacity Utilization dropped from 78.6% to 78.2%… (a sizeable downward move, I might add!) Just more data that doesn’t meet expectations or prints negative that continue to mount up for the U.S. economy, and also continues to make the Fed’s job very difficult, for they want to hike rates badly to save face with the markets, but they will meet all kinds of resistance in this kind of environment …
The U. of Michigan Consumer Confidence for the first two weeks of May, dropped from 95.9 to 88.6! OUCH! Now that’s going to leave a mark! Are the sheeple beginning to wake up and smell the coffee on the economy? I usually don’t place too much emphasis on this report, but a dealer sent me a note on Friday, and directed me to a graph, that showed how this report aligns with the direction of the Dollar Index (DXY) And now that the U. of Mich. Consumer Confidence report is heading downward, so too is the DXY… Very Interesting, and proves once again, that you do learn new stuff all the time!
Read More @ dailypfennig.com



Why Chicago Bonds Are Junk, In 7 Charts








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