Sunday, August 2, 2015

Bill Fleckenstein – I Don’t See Any Way Possible This Can End Without A Collapse


from KingWorldNews:
Bill Fleckenstein: “If you look at the action in the precious metals, the miners and commodities, you could make a pretty good argument that this has been a ‘puke’ of epic proportions — the sorts of things that happen at the ends of bear markets. It’s a pretty interesting moment for the precious metals markets. The number of anti-gold news stories and the end zone dancing by the bears has gotten extreme.
And I think the stock market rally is on borrowed time. I’m not a big believer in the bull case for the dollar either. So I think the next 2 – 6 months are going to be very interesting. I just don’t see any way possible that this period can end without a collapse because I don’t think the liquidity is there to accommodate very many sellers.”
Bill Fleckenstein Audio Interview @ KingWorldNews.com

Preparing for the Crash

by Peter Cooper, GoldSeek:
In this update on the broad market S&P500 index we are going to look at no less than 5 charts for it, covering different timeframes, the reason for this is that there are different points to make on each of these charts.
Before looking at the charts for the S&P500 index we are going to review first a range of charts, including the latest charts for Margin Debt and NYSE available cash. These charts provide the direst warning imaginable of impending trouble.
The NYSE Margin Debt chart shows that it is “through the roof” – way higher than it was at the 2000 and 2007 market peaks. When the wheel comes off, out will go the margin calls setting off a brutal self-feeding cycle of liquidation…
Read More


Big Chunk Of JP Morgan’s Gold Holdings Withdrawn In One Day

from SRS Rocco:

In just one day, a big chunk of JP Morgan’s gold was withdrawn from the COMEX.  It’s been a while since we have seen such a large single withdrawal.  According to the CME Group’s Friday Warehouse Depository gold stocks, a whopping 200,752 ounces of gold were removed from JP Morgan’s Eligible category.
If we look at the table below, we can see JP Morgan’s total gold inventories fell from 1,398,214 oz on Thursday (7/30/2015) to 1,197,462 oz:
Read More…




The Fed's Circular Logic Exposed In 1 Simple Chart

Hope, quite simply, just isn’t close to enough for a real recovery. There is an undeniable element of troubling prevarication in the whole attempt to coax unearned optimism, as taken to the extreme it means that policymakers will never quite be honest about especially realistic downsides. That may even mean, in their zeal to “fool” consumers, they fool themselves on the circular logic.


$1.5 Quadrillion Time Bomb

from The Sleuth Journal:
When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.
Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – about 20% more than in 2008, beyond what anyone can conceive, let alone control if unexpected turmoil strikes.
The late Bob Chapman predicted it. So does Paul Craig Roberts. It could “destroy Western civilization,” he believes. Financial deregulation turned Wall Street into a casino with no rules except unrestrained making money. Catastrophic failure awaits. It’s just a matter of time.
Read More



To Social Media's Horror - It 'Is' Different This Time

The world of everything Social has been the undisputed benefactor of all this “free money.” After all, wasn’t the term “Unicorn” applied and accepted with all its connotations as being a mythical creature that lived and breathed in the land of make-believe? It is incontrovertible that if not for the “free money” provided by QE, many, if not most of what currently falls under the social media umbrella would not only never had come into existence (let alone with Billion dollar price tags), but the perceived “hands off – unquestioning” attitude by Wall Street itself wound not be allowed. This in my opinion is an absolute wanton abandonment of business fundamentals and principles. However, it seems there is a change of mood (or realization the jig is truly up) on Wall Street.


Spectre Of FX Scandal Returns To Haunt HSBC

by Dave Hodges, News.Sky:
The spectre of the foreign exchange-rigging scandal will return to haunt HSBC on Monday when it sets aside hundreds of millions of pounds more to cover future settlements with regulators.
Sky News has learnt that Europe’s largest bank will disclose in its interim results that it is adding a substantial sum to the $550m (£352m) provision it has already allocated to resolve a number of investigations on both sides of the Atlantic.
Insiders said on Sunday that HSBC would announce an overall charge of well over $1bn (£640m) to cover conduct issues including the FX probes, but said that it would not provide a breakdown of the numbers.
Read More



CEO Hikes Minimum Wage To $70K, Capitalist Tragicomedy Ensues

Three months ago, Dan Price had an idea. He would raise the pay floor at his Seatlle-based payments processing company and become a rebel hero to the 120 people who worked for him. This is the story of how one man's unwitting crusade against the disappearance of the American Middle Class went horribly awry.



US Police Kill 118 People In July, Highest Monthly Total Of 2015

Despite a notable spike in violence across Baltimore in the months since the riots and the persistence of violent crime in Chicago, the number of people killed by police across the country posted M/M declines in April, May, and June. In July, the trend was broken.

Here's The Bad News That Nobody Is Telling You About The Record Lows In Initial Jobless Claims

It is absolutely normal for employers to completely miss the signs of impending doom. The 2007 extreme occurred just before the carnage of mass layoffs that was to begin a couple of months later. Employers were still clueless that the end of the housing bubble would have devastating effects. If they were clueless then, they are in an advanced state of delirium and delusion now. The devastating 1973-74 bear market, which cut the value of stocks by 50%, was in its early stages. This was an early example of employers being late to the funeral. Similar employer hoarding of workers has been associated with bubbles in the more recent past and has led to massive retrenchment, usually within 18 months or so.

 



As China Admits It Lied About Its Local Debt Levels, Local Billionaires Are Quietly Liquidating Their Assets

Overnight something unexpected happened: Sheng Songcheng, the director of the statistics division of the People's Bank of China (PBOC), was quoted by the National Business Daily on Saturday whereby he essentially admitted China had been lying about not only its local debt exposure but the level of NPLs across the economy.  The punchline: Sheng warned about the risks of local government debt, saying that 2 trillion yuan in bond swaps may not be able to fully cover maturing debt, according to the report. What he really said, as paraphrased by Bloomberg, is that "local govt's tended to not report all their debts when audited in June 2013, thus the 2 trillion yuan debt swap plan arranged this year may not cover all debts due, Sheng cited as saying."
Oops.



If you download windows 10...You Deserve what you get...

The Surveillance State Goes Mainstream: Windows 10 Is Watching (& Logging) Everything

If Edward Snowden's patriotic exposure of all things 'super secret surveillance state' in America were not enough, Newsweek reports that, as 10s of millions of hungry PC users download the free upgrade, Windows 10 is watching - and logging and sharing - everything users do... and we mean everything.




We're Not All Gordon Gecko - Dan Loeb Defends 'The Activist' Investor

Lately, a varied chorus of powerful union bosses, politicians and candidates, an asset management company executive, and a few ivory tower types have asserted that activism is short term in nature, engaged in by “hit and run”  investors who care only about making a quick buck while leaving a company and its employees in ruins. It might surprise people to hear that we agree completely that the sort of activism they describe is abominable.  Luckily, it does not really exist, and certainly not at Third Point.  Activists today are very different from corporate raiders of the ‘80’s (about whom these criticisms might have been leveled fairly).




China's 1929 Moment

Bubbles collapse, period; and government interventions don't stop them. Furthermore, we are beginning to see a crack widen in the foundations of China's capital markets that could end up undermining the whole economy. If Plan A fails, it is time for Plan B...




Are We Being Forced Into A "Second American Civil War"… If So, Who Will Win?

A report from the U.S. Army War College discusses the use of American troops to quell civil unrest brought about by a worsening economic crisis. The report from the War College’s Strategic Studies Institute warns that the U.S. military must prepare for a “violent, strategic dislocation inside the United States” that could be provoked by “unforeseen economic collapse” or “loss of functioning political and legal order.” [The report also warns of a possible “rapid dissolution of public order in all or significant parts of the US.”]




Varoufakis: "In 1967 There Were The Tanks And In 2015 There Were The Banks"

"This was nothing but a coup. In 1967 there were the tanks and in 2015 there were the banks. But the result is the same in the sense of having overthrown the Government or having forced it to overthrow itself."


Your Future...

Venezuela Increasingly Looks Like A War Zone

While mocking socialist paradises everywhere is a recurring theme especially once they have completely run out of other people's money to burn through, what always follows next is far less amusing - complete social collapse, with riots, civil war and deaths not far behind. That is precisely what the video shown below has captured. In the clip, a demonstration against Venezuela's poor transportation services quickly turned violent. End result: one person dead from a gunshot wound, more than 80 arrested and four shops looted on the Manuel Piar Avenue in San Felix.




Dramatic Footage: How Venezuelans Get Milk Powder

It's been a sad week for Venezuela. First, on Wednesday we showed what happens to local supermarkets when formerly Latin American paradises run out of other people's money. Then, the next day we showed what happens when in the aftermath of scenes such as the one above the social mood turns violent, and how what was once supposed to be a socialist utopia paradise ends uplooking like a warzone. Today we show how the local population is forced to act like stampeding animals when it comes to obtaining even the most basic of staples, in this case milk powder.


CDC Held Meeting to Deliberately Destroy Evidence Linking Vaccines to Autism

from DAHBOO777:



For a government that lies about everything — fudging economic numbers, using the IRS as a political weapon and even manufacturing staged domestic terrorism events so the FBI can “catch terrorists” in the act — it’s no surprise to now learn that the CDC deliberately destroyed evidence linking vaccines to autism. According to a new statement relayed today by Rep. Bill Posey, the CDC held a meeting of scientists to decide which piece of evidence to destroy that might link vaccines to autism in African-American children.
Learn more: http://www.naturalnews.com/050599_CDC…

Jeff Nielson: The Imploding Ponzi and Depleted Silver

by Rory, The Daily Coin:



I sat down with Jeff Nielson, from Bullion Bulls Canada and Jeff also writes for Sprott Money News, to get a quick update on the market from his perspective.
With this unfolding and ever growing ponzi scheme it seems like we are on the edge of implosion or the eve of destruction; pick your poison. The Canadian crime family, led by Stephen Harper, Prime Minister and his number one monetary heroin pusher, Mark Carney began their reign of terror in the 2000’s. I was reading Jeff’s latest article, Canada’s NEW Loonie Assassin, where Jeff details how this branch of the global crime family brought Canada in line with the rest of the world. Namely by devaluing the Canadian dollar to the tune of 30% in 18 months!!
Read More

Gold – The More Hate, The More Bullish We Become

from Secular Investor:
After gold’s breakdown on Sunday July 20th, we have seen an avalanche of negative commentaries. Admittedly, from a chart perspective the breakdown does not bode well. We have to get that straight. The technical breakdown is going to lead the price of gold in US dollar terms towards $1,000 /oz, potentially lower.
But if we compare this breakdown in gold with the one in April and June of 2013, we would say the one from last week is a small dip on the long term chart while the one of 2013 was a real collapse. However, the negativity that was triggered by the latest small price drop is much stronger.
Read More @ SecularInvestor.com

How To Value Silver NOT In $$$

from TruthNeverTold:



Russia Shoots Down US Stealth Coup

from Land Destroyer.blogspot:
Times are tough for America’s “color revolution” industry. Perfected in Eastern Europe after the fall of the Soviet Union, and honed during the so-called “Arab Spring,” the process of backing subversion in a targeted country and overthrowing a sitting government under the cover of staged mass protests appears to be finally at the end of running its course.
That is because the United States can no longer hide the fact that it is behind these protests and often, even hide their role in the armed elements that are brought in covertly to give targeted governments their final push out the door. Nations have learned to identify, expose, and resist this tactic, and like Adolf Hitler and the Nazi regime’s tactic of Blitzkrieg or “lighting war,” once appropriate countermeasures are found, the effectiveness of lighting fast, overwhelming force be it military or political, is rendered impotent.
Read More

America Was Founded in Liberty, But Now Mired In Tyranny

from Western Journalism:
“The foundation of our Empire was not laid in the gloomy age of Ignorance and Superstition, but at an Epoch when the rights of mankind were better understood and more clearly defined, than at any former period…The United States came into existence as a Nation, and if their Citizens should not be completely free and happy, the fault will be entirely their own.” So declared George Washington at the time of our founding as a nation.
It is unique and exceptional that this nation was established according to natural law, and declared inalienable individual rights of life, liberty, and property, or the pursuit of happiness. In an era when monarchs, rulers, oligarchs, autocrats and aristocrats governed according to their whims and disposition, having derived their right to rule based on caste or bloodline, a motley collection of men steeped in classical-liberal principles led a revolution and established a nation dedicated to individual freedom.
Read More @ WesternJournalism.com

Puerto Rico To Default After Missing Payment

Unable to pay $72 billion in debt, the U.S. territory is on thin ice as citizens’ needs collide with empty coffers.
from HuffPo:
Puerto Rico will miss a payment on debt due Aug. 1, the governor’s chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal debt restructurings in history.
The island faces a number of debt payments that day but had signaled in recent weeks that it may miss the $58 million payment on Public Finance Corporation (PFC) bonds.
“Tomorrow is Aug. 1 and we don’t have the money,” Puerto Rico’s governor’s chief of staff Victor Suarez told journalists in San Juan. “The PFC payment will not be made this weekend. It was not consigned.”
Read More @ HuffingtonPost.com


This is What We’ve Been Waiting for, the True Recovery of the American Economy

from Wolf Street:
Equifax, which profits from the process when more people apply for credit and load up on debt, sees the miracles of the current economy this way: “American consumers continue to show signs they are recovering from the Great Recession by steadily increasing their credit card debt….”
In its report on credit card debt, Equifax raved about these newly empowered American consumers that are once again buying things they can’t afford and charging these purchases to their credit cards because they didn’t have enough money to pay for them otherwise, given their stagnating salaries. It shows up in the numbers:
Read More


CISA: The Dirty Deal Between Google and the NSA That No One Is Talking About

by H A Goodman, Huffington Post:
One of the things that civil liberties activists like to lament about is that the general public seems to care more about Google and Facebook using their personal data to target advertising than the government using it to target drone strikes.
The reality is that both types of abuse are dangerous, and they work hand in hand.
It’s hard to find a more perfect example of this collusion than in a bill that’s headed for a vote soon in the U.S. Senate: the Cybersecurity Information Sharing Act, or CISA.
CISA is an out and out surveillance bill masquerading as a cybersecurity bill. It won’t stop hackers. Instead, it essentially legalizes all forms of government and corporate spying.
Read More @ HuffingtonPost.com
image/www.brennancenter.org

The 1% – Why Do We Insist On Lying To Ourselves?

from ZenGardner:
As I read, learn and live I see the ever increasing number of peoples which claim to be “awake”. These people with their research, documents, web links; all “evidence” that they must be “awake”. They lament about the 1% controlling the world, poisoning our water and food, wreaking havoc on our financial systems, chem-trails, drugging, killing, torturing, imprisoning… the list is endless. What they don’t see is that it is not the 1% but rather the 99% which are the enablers of this catastrophe which we refer to as civilization and which hinders any kind of progression into human evolution.
Let’s take the 1%, which we abhor, into perspective: OXFAM had released a report (short lived in the media but hey, Justin Bieber was doing something reckless) that 85 people in the world control over half the world’s wealth. A little simple mathematics: 1% of 7,000,000,000 (billion) people is 70,000,000 million people (drop 2 zeros) yet only 85 own half the world’s resources making them the 0.000000012 %. So why is it that we make it into such an acceptable number as 1% instead of seeing how utterly ridiculous it actually is?
Read More @ ZenGardner.com

AR-15 Defends Business From Armed Robbers

from TheAlexJonesChannel:



Turkey’s War On The Kurds, ISIS Air Force Flies Again

by Brandon Turbeville, Activist Post:
Shortly before calling a NATO meeting under the pretense of concerns over its security, Turkey launched a bombing campaign across the border into Syria allegedly against the ISIS forces that it has supported, trained, and facilitated since the beginning of the Syrian crisis.
Very soon after the bombing campaign was launched there came the announcement that Turkey and the United States had agreed to implement an “ISIL Free Zone” otherwise known as a “No Fly Zone” in northern Syria.
Prior to the formal announcement of the “ISIL-Free/No-Fly Zone,” it was known that Turkey had launched a simultaneous attack on Kurdish targets in Iraq. After the announcement, these attacks on Kurdish targets intensified to greatly overshadow anything purporting to be an attack on ISIS.
Read More @ ActivistPost.com




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Saturday, August 1, 2015

Man Who Predicted In Televised Debate That Swiss National Bank Would See Staggering Losses Now Warns Fed To Experience Massive Losses As Well


from Kingworldnews:
Humpty Dumpty, in the guise of Greece, just had another big fall. And I can guarantee you that all the King’s horses and all the King’s men couldn’t put Greece back together again. The IMF, an important part of the troika, made clear that they are not backing the attempt to give Greece a few more months of life support.
And if the IMF doesn’t back support for Greece, neither will Germany. So the whole rescue will fail.
But it’s not just Greece that cannot be put together, it’s the whole world. The whole world is broken and it cannot be mended. How can anyone expect the politicians, who created a total disaster in the world economy, to ever put it back together again? Politicians don’t have a clue how to run a country, much less how to solve the world’s problems.
Egon von Greyerz Continues @ King World News


Venezuela Increasingly Looks Like A War Zone

While mocking socialist paradises everywhere is a recurring theme especially once they have completely run out of other people's money to burn through, what always follows next is far less amusing - completely social collapse, with riots, civil war and deaths not far behind. That is precisely what the video shown below has captured. In the clip, a demonstration against Venezuela's poor transportation services quickly turned violent. End result: one person dead from a gunshot wound, more than 80 arrested and four shops looted on the Manuel Piar Avenue in San Felix.



American (Predatory) Capitalism Explained In 130 Seconds

Now, more than ever, with Greece and Ukraine front and center, understanding how corporations take control of countries, and how capitalism drives the expansion of the Military Industrial Complex is crucial: "we have created a mutant form of predatory capitalism which has created an extremely unstable, unsustainable, unjust and very very dangerous world."



Bubble Finance And A Tale Of Two Spheres

We have argued that it is a perilous myth that central bankers these days control a general price level. They instead incentivize massive financial flows into securities markets and fashionable sectors. Over time, ramifications and consequences reach the profound. For one, excess liquidity promotes over/mal-investment. It’s only the scope and nature that remain in question. If major Bubble flows inundate new technology investment, the resulting surge in the supply of high-margin products engenders disinflationary pressures elsewhere. Policy responses to perceived heightened “deflation” risks then only work to exacerbate Bubbles, mounting imbalances and structural fragilities. This was a critical facet of “Roaring Twenties” analysis that was lost in time.

How Planned Parenthood Could Shut Down the Government

from TheAlexJonesChannel:


 
The White House expressed its firm belief Thursday that recently-released videos attacking Planned Parenthood are “fraudulent.” Their source: Planned Parenthood.
The leader of the Center for Medical Progress, told CNN “New Day” this morning that a biomedical company is trying to silence CMP because they are “very scared” of footage coming out that will prove babies were born alive before being “aborted” and having tissue and organs harvested.

White House Backs Planned Parenthood And Their ‘High Ethical Standard’

by Eric Scheiner, CNS News:
White House Spokesperson Josh Earnest says he suspects somebody in the Obama Administration has seen a series of videos on Planned Parenthood’s role in harvesting the organs of babies, but the administration is basing its position that the videos are edited unfairly on the comments of Planned Parenthood and “the high ethical standard they live up to.”
During a White House press briefing Thursday Earnest was asked if anyone at the White House has watched the series of videos about Planned Parenthood.
“I suspect somebody has,” Earnest replied.
The Center for Medical Progress has released a series of videos showing Planned Parenthood representatives discussing prices for body parts from aborted babies.
Read More @ CNS News.com:


filed under (unt

FLASHBACK: Hillary Clinton Gushes Over Planned Parenthood’s Racist Founder

Clinton talked about being IN AWE of the racist eugenicist
from Infowars:
During a March 27, 2009 speech accepting the Margaret Sanger Award from Planned Parenthood, Clinton talked about being in awe of the racist eugenicist:
Now, I have to tell you that it was a great privilege when I was told that I would receive this award. I admire Margaret Sanger enormously, her courage, her tenacity, her vision. Another of my great friends, Ellen Chesler, is here, who wrote a magnificent biography of Margaret Sanger called Woman of Valor. And when I think about what she did all those years ago in Brooklyn, taking on archetypes, taking on attitudes and accusations flowing from all directions, I am really in awe of her.
Read More @ Infowars.com

Scandinavian Socialism: Dangers of the Welfare State

from Stefan Molyneux:




"Asia Crisis, Tech Bubble Burst, Lehman"... And Today

Note that the classic sign of crisis and capital flight, higher interest rates, falling currency, and falling bank stocks are now visible in Brazil (and elsewhere). Indeed, the correlation between Brazilian bond yields and Brazilian financials/BRL turned sharply negative during each of the past 3 systemic crises (Asia ‘98, Tech ‘02 & Lehman ’08) and is doing so again today.




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The Cyber Wars Begin: Obama Says US "Must Retaliate" Against China For Historic Data Breach




The US has determined that the Chinese cyber attack on the databases of the Office of Personnel Management "was so vast in scope and ambition that the usual practices for dealing with traditional espionage cases [does] not apply," The New York Times reports. In short: "this agression will not stand, man."


Donald Trump’s Top 20 Spot On Insults

from Gabbee:



Police Demand Compliance or Death

by Philippe Gastonne, The Daily Bell:
Today’s excerpt is by Orin Kerr, a George Washington University law professor. The Sandra Bland arrest video he discusses will – or at least should – outrage anyone who respects justice and decency. The way the officer repeatedly screams, “I’m giving you a lawful order” suggests he defines “lawful” as “subservient to me.”
Still, Professor Kerr brings up a troubling quandary. It simply isn’t possible in most situations for a citizen to know whether a police order really is lawful. As a practical matter, our only choice is to either 1) comply without question or 2) face arrest and hope a judge will show mercy.
This dilemma is inconsistent with the supposedly “free” society the United States claims to be. Police have an open opportunity to abuse their authority, and many do. That they would especially abuse those they perceive as less worthy of respect is also no surprise. That is what bullies do. They learn on playgrounds in early childhood that the best way to hide their own fear is to oppress weaker children.
Read More @ TheDailyBell.com



Welcome To Planet Obama

"Opposite"-land...
 





This Coal Mine Valued At $630 Million In 2011 Just Sold For One Dollar

To get a sense of the complete devastation in the world of commodities, consider the curious case of Australia's Isaac Plans coking coal mine, which was valued at $630 million in 2011. It sold on Thursday for $1.  it gets worse: based on data from Citi Research, 90% of all M&A that miners did since 2007 has been written off. The commodity bubble has officially burst - feel free to thank China.




Gold And The Grave Dancers

Back in the 1960s, Alan Greenspan wrote a well-known essay that to this day is an essential read for anyone who wants to understand the present-day monetary and economic system (which is a kind of “fascism lite” type of statism, masquerading as capitalism) and especially the almost visceral hate etatistes harbor toward gold. Greenspan’s essay is entitled “Gold and Economic Freedom”, and as the title already suggests, the two are intimately connected.





Did We Just Hit The Threshold For Short Covering In Gold?

Two weeks ago we noted something that has never happened before in gold - hedge funds, according to CFTC, had a net short position for the first in history. The past week saw a very surprising negligible shift of just 11 contracts as the short position shrank to 11,334 contracts. However, the aggregate net long position has dropped to a level that in the past has represented a threshold for signficant short-covering (21% and 17% rallies respectively). So with hedgies as short as they have ever been in history and aggregate positioning at a historically crucial level, one wonders if gold is due for a bounce...


The Great Greek Fudge

A third Greek bailout involving loans from the European Stability Mechanism (ESM), the eurozone’s bailout scheme, is now being negotiated. The start was quite rocky, with haggling over the precise location in Athens where negotiations need to take place and Greek officials once again withholding information to creditors. Therefore, few still believe that it will be possible to conclude a deal in time for Greece to repay 3.2 billion euro to the ECB on 20 August. Several national Parliaments in the Eurozone would need to approve a final deal, which would necessitate calling their members back from recess around two  weeks before the 20th, so it’s weird that French EU Commissioner Pierre Moscovici still seems so confident that the deadline can be met.






"Asia Crisis, Tech Bubble Burst, Lehman"... And Today

Note that the classic sign of crisis and capital flight, higher interest rates, falling currency, and falling bank stocks are now visible in Brazil (and elsewhere). Indeed, the correlation between Brazilian bond yields and Brazilian financials/BRL turned sharply negative during each of the past 3 systemic crises (Asia ‘98, Tech ‘02 & Lehman ’08) and is doing so again today.



The Latest Government Trust Fund To Go Bankrupt

Earlier this week I told you about Social Security’s Disability Insurance Trust Fund (DI), which will become insolvent in a matter of months.  The DI problem (just like the rest of Social Security) has been a long time coming.  But rather than form some meaningful solution, Congress has instead opted to commit financial fraud by commingling DI monies together with the other Social Security funds. Now comes the Highway Trust Fund. The difference between DI and the Highway Trust fund is that this one won’t be insolvent in a matter of years or months. Their own data shows that it may very well be toast… today.



Chinese Company Replaces Humans With Robots, Production Skyrockets, Mistakes Disappear

"The robots have produced almost three times as many pieces as were produced before. According to the People's Daily, production per person has increased from 8,000 pieces to 21,000 pieces. That's a 162.5% increase."

America’s New World Disorder

by Erik Rush, Freedom Outpost:

Two weeks ago in this space, I posed the question of why some think Hillary Clinton is unelectable as president due to crimes committed while serving as secretary of state, when the same pro-left media spin machine and gutless Republican leaders are on the scene now as in 2008, when Barack Hussein Obama was elected.
Over the last six years, the comportment of GOP leaders in particular, given the unprecedented threat represented by this administration, speaks to a dramatic alteration in course and intention on their part, not unlike that which occurs when the ship captain’s cabin door bursts open and the roaring mutineers pile in.
Read More @ FreedomOutpost.com

Humanity After Technocratic Evolution

from TheAlexJonesChannel:



The Silver Manipulation Con Continues at the Highest Levels of Government

by Bix Weir, Road To Roota:
The US Mint is not a very good liar.
They are manipulating their sales data to stifle silver investor sentiment.
My fight with the US Mint goes back 7 years. I wrote them in June 2008 to point out that stopping production of the US Silver Eagles was AGAINST THE LAW because the law required them to produce SAE’s “in quantities sufficient to meet public demand.” Since that time, and through my continual pestering over the years, they CHANGED THE LAW to make the US Treasury Secretary the one who decides if the coins are being produced to meet demand and only he has the power to stop or limit production.
I posted this report on the whole mess a few years back.
SPECIAL REPORT: US Silver Eagle Conspiracy
http://www.roadtoroota.com/public/1484.cfm
So after all the exposure of the US Mint “managing the silver market” you would think they would try to stop the games they play but that is not the case as this is what happened on Friday…
Read More…

Is Jade Helm More About War or Martial Law? A Statistical Analysis

by Dave Hodges, The Common Sense Show:
The purpose of this article is to take existing on-the-ground-evidence and see what consistent theme emanates from this evidence. The United States military is following two parallel paths, the establishment of martial law preparations and following a path of extreme combat readiness. What is not quite as clear with regard to combat readiness, is the readiness about civil war preparations, a coming world war, or both? Before I present today’s information related to these topics, I would first like to digress in the following section of this paper in order to demonstrate, in a general fashion, how I form conclusions and what motivates me to investigate certain issues over others. Finally, the question will be answered as whether we are more in war mode or martial law mode with regard to Jade Helm.
Read More

High Bypass Turbofan Jet Engines, Geoengineering & The Contrail Lie

from Dane Wigington:



The greatest lie ever perpetrated and propagated is the lie of the “persistent condensation trail”. Without knowing any of the related science facts on this issue, anyone with a sense of reason should be able to determine the fact that our skies are being sprayed. Trails that are turned on and off, grid patterns one day and nothing the next (in spite of identical atmospheric conditions). Witnessing one jet leaving a trail from horizon to horizon adjacent to another jet at a similar altitude that leaves virtually nothing.
Trails of completely dissimilar compositions and colors. Plumes behind jets that do not match the alignment of the engines themselves causing some of the trails to shoot out to one side of the aircraft. There is also of course the fact that climate science circles and governments around the globe are clamoring for climate engineering to be deployed, though none in these communities of tyrants and cowards will yet admit to the truth. Our society has been well trained to accept the official narrative on countless issues which is how those in power hide their crimes in plain site. The fact that so many official explanations are completely contrary to reason and the laws of physics seems not to matter to most of the population, “ignorance is bliss” as the saying goes.
Read More…

Ron Paul: US Military-Industrial Complex Needs Russia As An Enemy

from The News Doctors:
Speaking at the 2015 convention for the Young Americans for Liberty, former presidential candidate Ron Paul leveled an attack against the US military-industrial complex. America always needs an enemy, and right now, it’s trying to force Russia into that role.
“The people have to have the propaganda convert them into someone they hate, so they can hate,” former Texas congressman Ron Paul said on Friday, during the 2015 YAL National Convention in Washington, DC.
“…so you had to have a Saddam Hussein, an Ayatollah, or somebody else, and right now it’s Russia.“
Read More @ TheNewsDoctors.com

Kerry Unsure Iran Hates U.S. ?

from Bill Still:



You’ll Want to Own This When Gold Prices Rebound

from Outsider Club:
Opening a gold mine is a costly endeavor. Simply finding a deposit, exploring potential reserves, navigating governmental bureaucracy and environmental red tape, and building the necessary facilities can have a project bogged down before it even gets to the point of extraction.
But what if I told you there was a mine already built, permitted, and operational… That early indications suggested as much as 800,000 ounces of gold were present… And that the only thing left to do was to get to work?
That’s exactly the position in which Pershing Gold Corp. finds itself. The company is literally sitting on a gold mine, poised to take the final leap into full-fledged production in a matter of months.
Read More @ OutsiderClub.com

Confidence Game

from Armstrong Economics:
Hello Mr. Armstrong,
Humans often decide based on faith rather than thought if they have to choose one. Your ECM cycle is amazing, because it visualizes the change in confidence which influences so many decisions in the world!
Is it possible to reach human minds trough logic at all?
How can we communicate important concepts like your studies to others in the best way?
Sincerely,
P
REPLY: The vast majority wants to believe in some definitive higher power, like the conspiracy issue. People just cannot grasp that perhaps no one is really in charge orchestrating everything, and we are at the mercy of the whims of finance.
Read More @ ArmstrongEconomics.com

North Carolina pushing bill to eliminate free speech, prohibit sharing of nutritional information for sick children

by Anna McPhee, Natural News:
The same folks in North Carolina that tried to sue blogger Steve Cooksey simply for sharing information online about how to treat diabetes naturally are now going after all speech related to health and nutrition.
The North Carolina Board of Dietetics/Nutrition (NCBDN) has launched an all-out assault against free speech with its antithetically named “Modernize Dietetics/Nutrition Practice Act,” or House Bill 796, which would make it a crime to share health advice or food strategies with non-family members who are suffering from health conditions.
Continue reading North Carolina pushing bill to eliminate free speech, prohibit sharing of nutritional information for sick children


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The Willful Ignorance Of Fascist Tyranny: Germany 1937- America 2015


by Sword at the Ready, Investment Watch Blog:
America has been fundamentally transformed into a burgeoning Nazi Germany and We The People deny that we are on the same path simply because targeted groups are not being loaded onto boxcars for death panels.
Whenever there is a comparison of current events to Nazi Germany and it’s atrocities, Americans tend to roll their eyes up into their skulls in an automatic reflex of disdain and dismissal. “It’s absurd” is the declaration. Comparing the Land of the Free with a genocidal Fascist regime under the dictatorship of a madman who thought he was god by whom made an entire industry of exterminating undesirables?
Read More


More Willful Ignorance...

German Government Launches Investigation of Journalists for Treason

Widespread outrage across Germany is erupting following the revelation that the nation’s Attorney General has launched an investigation into treason charges for two journalists working for Netzpolitik. The charge is treason. The crime is journalism.


More Willful Ignorance...

North Carolina pushing bill to eliminate free speech, prohibit sharing of nutritional information for sick children

by Anna McPhee, Natural News:
The same folks in North Carolina that tried to sue blogger Steve Cooksey simply for sharing information online about how to treat diabetes naturally are now going after all speech related to health and nutrition.
The North Carolina Board of Dietetics/Nutrition (NCBDN) has launched an all-out assault against free speech with its antithetically named “Modernize Dietetics/Nutrition Practice Act,” or House Bill 796, which would make it a crime to share health advice or food strategies with non-family members who are suffering from health conditions.
Continue reading North Carolina pushing bill to eliminate free speech, prohibit sharing of nutritional information for sick children




Greece May Miss ECB Payment As Germany Says Bailout Timeline Is Unrealistic

With Greece facing a critical €3.2 billion payment to the ECB on August 20, creditors are under immense pressure to conclude official discussions on a third bailout program within the next three weeks. Now, Focus magazine says some German officials doubt whether the quadriga's timeline is realistic. 

How Corporations SECRETLY Colluded to Control Governments Then Rob YOU Blind!

from TheMoneyGPS:





Chinese Company Replaces Humans With Robots, Production Skyrockets, Mistakes Disappear

"The robots have produced almost three times as many pieces as were produced before. According to the People's Daily, production per person has increased from 8,000 pieces to 21,000 pieces. That's a 162.5% increase."

Dr. Paul Craig Roberts – We Are In Scary Times also Gold and Silver Shortages – Audio Interview

from KingWorldNews:
Instead of the report getting released, Washington leaks to the Western media that the report has concluded that Russia shot down the plane, or that these breakaway republics supported by Russia shot down the plane. So you keep seeing these stories — these leaks. And then the Dutch investigators stand up and they refute leaks. The Dutch investigators say, ‘No, we’ve not made any such conclusion.’ But the denials don’t get the coverage that the accusations get. (LAUGHTER). And so Washington is getting more and more people to think that the Russians were involved because they leak what they claim is the report but they won’t allow the report to be released.
Now what is Washington doing? Washington says, ‘Now we will really set the Russians up. What we will do is get Malaysia to go to the United Nations and ask for a UN tribunal to investigate. This will come before the Security Council and Russia will have to veto it because Russia will know that it’s a setup — that it’s going to be a show trial of Russia to find them guilty.’
Dr. Roberts Audio Interview @ KingWorldNews.com


The Latest Government Trust Fund To Go Bankrupt

Earlier this week I told you about Social Security’s Disability Insurance Trust Fund (DI), which will become insolvent in a matter of months.  The DI problem (just like the rest of Social Security) has been a long time coming.  But rather than form some meaningful solution, Congress has instead opted to commit financial fraud by commingling DI monies together with the other Social Security funds. Now comes the Highway Trust Fund. The difference between DI and the Highway Trust fund is that this one won’t be insolvent in a matter of years or months. Their own data shows that it may very well be toast… today.

11 Red Flag Events That Just Happened As We Enter The Pivotal Month Of August 2015

by Michael Snyder, The Economic Collapse Blog:
Are you ready for what is coming in August?  All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal.  In July, we saw things start to turn.  As you will read about below, a major six year trendline for the S&P 500 was finally broken this month, Chinese stocks crashed, commodities crashed, and debt problems started erupting all over the planet.  I fully expect that this next month (August) will be a month of transition as we enter an extremely chaotic time in the fall and winter.  Things are unfolding in textbook fashion for another major global financial crisis in the months ahead, and yet most people refuse to see what is happening.  In their blind optimism, they want to believe that things will somehow be different this time.  Well, the coming months will definitely reveal who was right and who was wrong.  The following are 11 red flag events that just happened as we enter the pivotal month of August 2015…
Read More…

Markets in Limbo

by Alasdair Macleod, GoldMoney:
Gold and silver remain close to their lows for the year, discouraged as usual by dollar resilience.
Precious metals appear to be in limbo: speculative buyers are discouraged above all by their disappointing performance during the Greek crisis, and the possibility that a Chinese stock market crash might lead to forced selling of gold by Chinese speculators. So far, the latter concern has proved unfounded with public demand in China accelerating on lower prices and exceeding global mine output on its own. As well as Chinese demand, anecdotal evidence tells us that at these prices physical demand from the public has increased elsewhere, with gold sovereigns becoming scarce in London. And our dealers yesterday reported buyers outweighing sellers this week.
Read More @ GoldMoney.com

“Politics Has Separated All of Us, Government Has Failed”

from TruthStreamMedia:



Another Death Nail for the Dollar and Gold Propaganda

from The Daily Coin:



While most people and the media associate the “BRICS” most commonly with Russia and China – perhaps because the neo-cons who control the U.S. Government and media have forced this illusion on the unsuspecting American public – let’s not forget that the “S” in “BRICS” stands for “South Africa.”
Huh? South Africa?  Isn’t that some British outpost in Africa?  Let’s not forget that South Africa is the fifth largest gold producing country in the world.  It also is the world’s largest exporter of platinum and chromium and produces and sells a hulluva a lot of iron ore.
Read More @ TheDailyCoin.org

Gold Miners And Regulators Deathly Silent after Gold Price Attack

from Gold Silver Worlds:

With gold and silver on the defensive following a dramatic midnight raid on gold prices last week, Mike Gleason reached out to Chris Powell, Secretary Treasurer at the Gold Anti-Trust Action Committee, also known as GATA to discuss possible gold price manipulation.
Mike Gleason: Several days ago, we had another attack on the gold market – right as it was holding above a critical price support zone. Someone sold several billions of dollars in gold futures contracts during the wee hours of the night immediately before the Chinese trading day began. It happened during a time of low liquidity like it normally does, and it took the price down over $40 in the matter of a few seconds, halting trading twice for a brief period. What are we to make of all this Chris?
Read More @ GoldSilverWorlds.com

Candidate for U.S. House Advocates Peoples Takeover

by Eileen Fleming, Veteran’s Today:
When I was a novice reporter six years ago, I learned that it was at the end of the interview that you heard the beginning of the story and I learned it again the other day. Case in point: I was writing my first work of fiction in 2005 when I stumbled into becoming a reporter and that lead to becoming the only reporter in the world who bothered to document Mordechai Vanunu’s Freedom of Speech trial in Israel.
Because I love America enough to stand up and speak the hard truths I had no choice but to persist to report what Vanunu told me in June 2005:
Read More…

Obama heavily redacts latest batch of Hillary Clinton’s emails

from The Washington Times:

The Obama administration slapped a secret designation Friday on a number of Hillary Rodham Clinton’s emails from her time as secretary of state, raising more questions about whether her controversial email arrangement led to classified information being left unsecured.
A new tranche of Clinton emails, released by the State Department under a court order to impose transparency on the Obama administration, contains dozens of documents with information redacted and labeled either “confidential” or “sensitive.”
The classifications generally appear to have been done on Thursday, a day ahead of the release, which means the information wasn’t necessarily classified at the time Mrs. Clinton was emailing about it — but has now been deemed too sensitive to put out in public.
Read More @ WashingtonTimes.com
ht/WhatReallyHappened.com

Gold And Silver – Charts Are The Compelling Story. Fundamentals Do Not Apply

by Michael Noonan, Edge Trader Plus:
Not in 2013, not in 2014, and so far, nothing positive for the price of gold and silver has developed in what looks like for the balance of 2015. Most of the highly regarded gold and silver sites and bloggers have been expecting an upside breakout, some even saying an explosive breakout. As we have been saying for the past few years, the “eyes” have it. Just by following developing price activity, in chart form, it is more than obvious that price continues to languish at recent 4 -5 year lows with NO signs of ending.
It does not matter how much gold China has bought, how many gold/silver coins have been sold to the public, even record numbers. It does not matter how low is the existing supply for silver and its excessive and growing demand. So far, it has not mattered how the miners have been suffering and are closing down operations.
Read More

Are ISIS Led, El Salvadorian Gangs in Beta Test for Invasion of SW United States?

from NorthWestLibertyNews:



Gerald Celente – Trends In The News – “IMF: It’s Okay To Rig The Markets”

from trendsjournal:



The “Internet of Things” – Nothing is secure

from Wolf Street:
You see, the Internet of Things is the rapidly arriving era when all things are connected to each other and everything else via the Internet, from your Nest thermostat that measures and transmits everything that’s going on inside your house to your refrigerator that’s connected to Safeway and automatically transmits the shopping list, to be delivered by a driverless Internet-connected car with an Internet-connected robot that can let itself into your house and drop off the Internet-connected groceries while you’re at work.
Convenient? Convenient for hackers.
OK, someone hacking into your fridge and fiddling with the temperature setting to freeze your milk is one thing…. But we already had the first hacking and remote takeover of a car.
Read More @ Wolfstreet.com
image/shankman.com

China, the Rothschild Fix, and the “New World Currency”

from ZenGardner:
As regular consumers of alternative media have likely noticed, China’s voracious appetite for gold has been reported on ad nauseam in the wake of the 2008 Depression. Endless geopolitical and economic analysts have mused about the implications of Chinese gold accumulation, with most concluding (perhaps prematurely) that some form of gold-backed Yuan is on the horizon. Some extend this scenario further, optimistically declaring that the BRICS NDB (New Development Bank) and AIIB (Asian Infrastructure Investment Bank), led by China, will usher in a “New Golden Era” of progress and prosperity, spelling the end of the Western model of Central Banking tyranny.
Read More

US Government Is Flat Broke And The Fall Out Will Not End Well

from X22 Report:



“Support MH17 Truth”: OSCE Monitors Identify “Shrapnel and Machine Gun-Like Holes” indicating Shelling. No Evidence of a Missile Attack

by Prof Michel Chossudovsky, Global Research:
This article was first published by GR on September 9, 2014. In the context of the July 29, 2015 United Nations Security Council Resolution vetoed by Russia, it should be emphasized that the evidence confirms that MH17 was not brought down by a surface to air missile.
The West accuses Russia and the Donbass separatists of having brought down the plane with a Buk missile. IT’S A LIE.
The evidence available in September 2014 –including a BBC report which the BBC decided to suppress– refutes the official story. The alleged role of Russia in bringing down the plane was used as a justification to implement the economic sanctions regime against Moscow.
Read More @ GlobalResearch.ca

Bin Laden Family’s Private Jet Crashes in England, Killing Four

from Sputnik News:
A plane crash at a car auction in Hampshire England has left four dead. The tragedy is made all the more eerie by the fact the aircraft involved was a private jet owned by the family of Osama bin Laden.
While trying to land at Blackbushe Airport, roughly 40 miles southeast of London, a light aircraft overshot the runway and “went up into a ball of flames” in a nearby parking lot.
“I was passing the airport on my way home and there was a big column of smoke in the air,” Robert Belcher, a local aviation enthusiast, told the Daily Mail. “I assumed it was cars on fire in the auction yard.”
Read More @ SputnikNews.com


Head Of Collapsed Mt.Gox Exchange Arrested With Half A Billion In Bitcoin Still Unaccounted

Some were confused if the Mt. Gox founder, Mark Karpeles, was going to get away with nothing more than an excuse, even if - as many speculated - he had personally fabricated exchange data entries and embezzled millions of dollars for his own account. Earlier today we got the answer when nearly 18 months after his infamous apology, Mark Karpeles was arrested in Tokyo. FT reports that Japanese police have arrested Mark Karpelès, the head of the bankrupt Japan-based bitcoin exchange Mt Gox. The arrest charge is that he made an illegal entry to the system in February 2013 and increased the balance of his account by $1 million.



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