Gold World News Flash |
- Election Theater and the Precious Metals Markets
- Panic! Brits Feverishly Buy Foreign Currency on Eve of Brexit Vote: “Pound Would Decline Precipitously”
- Brexit: Why The Wrong Question Is Being Asked
- Not For The Crazy Or Paranoid: More Families Than Ever Prepping As Chaos, Terrorism Worsens In America
- Meanwhile In London, A Stunning Scene Emerges
- The Gold to Silver Ratio is Bullish for Both Gold and Silver
- As Gold Prices Soar, Russia & China Are Well Prepared! Is the US?
- Gold Lower Despite “Panic” Due To “Supply Issues” In Inter Bank Gold Market
- Is Silver Next for Chinese Speculative Investors?
- Gold Price Closed at $1268.00 Down -2.50 or -0.20%
- Silver Options Traders Follow Gold To Longest Bullish Bet Since 2009
- What the Control Over the Value of Euro and USD Means for 999 Silver
- Brexit: Global Trigger Event, Fake Out Or Something Else?
- #BREXIT: Independence Day for Britain?
- Sanders supporters may vote for Trump over Clinton
- "California Quaken" 7.0 Catastrophic Quake Predicted By Scientist
- Mechanism for The Destruction of Humanity -- Jay Weidner
- Gold is suppressed and likely will correct overnight, BMG's Barisheff tells USA Watchdog
- Nigel Farage speech on last day of EURef campainging (22Jun16)
- Run on Banks? Brits rush to buy Euros & US Dollars ahead of Brexit EU Vote June 23, 2016.
- #Brexit Breakdown: The Final Countdown
- The Curious Case of Brexit Polls and Bookies
- Why the average person should own gold, silver
- TF Metals Report: Gold cartel will face trouble no matter how Britain votes
- Gold Daily and Silver Weekly Charts - Brexit and Stress Test Results - Exceptional USA
- The DEA Decision That Could Create Fortunes
- Something is Going On in 2017! (These are the END TIMES)
- Hillary: The New Mother Teresa?
- Nigel Farage on last day of Leave-EU campaigning (22Jun16)
- Marc Faber Warns : The Global Economy Is Entering An Epic Slump
- The Endgame Is WWIII And Full Blown Tyranny In America: Stephen Lendman
- GoldCore's O'Byrne: Bullion banks panicking amid shortage of metal
- These Conditions Ensure That Gold Stocks Will Continue To Rise Over The Coming Years
- Proof that the Gold Bears are Wrong
- Gold Falls Despite “Panic†Due To “Supply Issues†In Inter Bank Gold Market
- Gold and its 200 Week Moving Average
- Here’s a Trillion-Dollar Investment Opportunity for Those Few with No Debt
- Are Copper and China Set to Rally?
- Breaking News And Best Of The Web
Election Theater and the Precious Metals Markets Posted: 22 Jun 2016 11:01 PM PDT Guest post from Money Metals Exchange This year's presidential election is getting lots of attention, and customers are asking about how the outcome might impact the gold and silver markets.... {This is a content summary only. Click on the blog title to continue reading this post, share your comments, browse the website, and more!} | |||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 22 Jun 2016 11:00 PM PDT by Mac Slavo, SHTFPlan: Fear and mass panic are known to among the most dangerous threats we face… And absolute chaos could ensue for currency markets, if the warnings hold true. Tomorrow is the much feared Brexit vote, and on the eve of such a momentous referendum that could lead to the dissolution of the European Union, there is a great deal of worry as investors feverishly exchanged 'safe' currency in case of a destabilization of the British pound or the Euro. As RT reports:
The global basket of major currencies is already in a phase of potentially major losses, as the dollar faces challenges by a rising yuan and the era of the petrodollar could be coming to an end. | |||||||||||||||||||||||||||||||||||||||||||||||||
Brexit: Why The Wrong Question Is Being Asked Posted: 22 Jun 2016 10:45 PM PDT By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this weeks edition of "World Out Of Whack" where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all it's insanity. While we enjoy a good laugh, the truth is that the first step to protecting ourselves from losses is to protect ourselves from ignorance. Think of the "World Out Of Whack" as your double thick armour plated side impact protection system in a financial world littered with drunk drivers. Selfishly we also know that the biggest (and often the fastest) returns come from asymmetric market moves. But, in order to identify these moves we must first identify where they live. Occasionally we find opportunities where we can buy (or sell) assets for mere cents on the dollar - because, after all, I'm a capitalist. In this week's edition of the WOW we're covering Brexit.In a show of just how disjointed British society has become with previously held cultural values, London's mayor just banned all advertisements of models who are essentially non-sharia compliant.
I admit to having a fondness for London, having previously called it home for 6 years of my life. One of the reasons I chose to live there - instead of say Kabul or Riyadh - was because I never much fancied girls dressed like ninjas. And together with friends I quite liked the fact that we could enjoy a few pints at the pub and wouldn't be jailed and flogged for doing so. As little as ten years ago it would have been unthinkable that either of these things would have been in question. And yet here we stand today, watching events unfold in real time. These little pieces of culture are under ever increasing threat, and it's not just in Britain. Is it any wonder we are having a sweeping backlash and change in the zeitgeist? What the political class in both Europe and Britain has miraculously failed to understand is that Brexit is much more about failures on multiple levels than it is about the concept of the EU. The EU has been so bastardised that it's completely unrecognisable from the creature first established 23 years ago. This is understandable as the business of government is to grow cancer like never relinquishing power once established. Having seen the slow but accelerating effects of a bureaucracy on tilt, the average Joe Citizen is now waking up to the fact that he finds himself with an oppressive and suffocating external form of government, an imperial overseeing force which understands his needs less and less. Like an intestinal worm, the bureaucracy has grown to the point where the following areas of governance are now essentially dictated by a foreign imperial power:
Is it any surprise that Joe Citizen is questioning the status quo? It certainly shouldn't be. This questioning has been met with a level of desperation by the establishment which can only be described as unprecedented. Yes to Brexit or no to Brexit is less important a question than why Brexit in the first place? The vote to stay or leave the EU is as much a vote for or a rejection of the establishment than any other European or British referendum I can think of. We're seeing an increasing divide across the developed world. The Trump vs Hillary debate is characterised by Hillary Clinton representing the establishment vote and Donald Trump positioning himself as a rejection of the establishment. This is less a Republican vs Democrat vote than ever before and the rejection vote grows every day across the developed world. Consider the following:
Der Spiegel has a nice map showing the trend. Countries with far right parties which have a presence in parliament are shown with yellow dots and those where far right parties are already part of the government are shown with red dots. The xenophobic right-wing and rising backlash - a direct result of the European Union having lost control of its borders - has seen countries such as Sweden, Holland, and the UK experiencing surging right wing popularism. Previously moderate Europeans no longer watch from the safety of their living rooms the Jihadi cauldron boiling in Damascus, Khartoum, or Islamabad, but instead find it exploding onto the streets of their own cities. Nearly half of citizens in eight European countries polled want to hold a referendum on membership. Bottom line: Europe is in trouble and Brexit is simply bringing it to life in vivid colour for all to see. As traders and investors it's of no consequence what we may wish to happen. As incredibly important, wonderful, talented, intelligent, good looking, and well deserving readers of Capitalist Exploits are, the market doesn't actually give a toss about us. Depressing, I know. But what actually takes place and how that affects asset prices is what matters. And so the question to ask isn't whether Britain leaves the EU, but rather from where will the next crisis of confidence come? Cast your vote here and also see what others think Or do you think it will be some other country? Let me know in the comments here. Know anyone that might enjoy this? Please share this with them.We'd love your feedback and if you have a market you think worthy of covering please send it to me here. - Chris "Darlin' you got to let me know, should I stay or should I go?" - The Clash, Should I Stay Or Should I Go? ============ Liked this article? Don't miss our future articles and podcasts, and get access to free subscriber-only content here. ============ | |||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 22 Jun 2016 10:01 PM PDT from BugOut News: Although some still regard prepping to be an activity favored by survivalist "wackos" who fear a cataclysmic Armageddon-style event, more and more American families are beginning to see the value in preparing for a number of possible scenarios in which the stockpiling of food, water and other essentials could prove to be a very wise investment. The Oxford Dictionary defines "prepping" (in this usage of the term) as: The practice of making active preparations for a possible catastrophic disaster or emergency, typically by stockpiling food, ammunition, and other supplies. Prepping runs the gamut from weather events to armageddon In practice, prepping can range from simply making sure a household has enough basic supplies to survive a temporary power outage or major weather event – such as a hurricane – to preparing for a long-term crisis, such as a massive power grid failure. A lengthy power grid failure lasting for months (or perhaps years) could be conceivably triggered by a serious solar event or even a cyberattack on the nation's computer-controlled electrical power infrastructure. As unlikely as some of those scenarios might seem, they are indeed within the realm of possibility. Other long-term emergencies might include the imposition of martial law due to an economic collapse (which many predict may happen in the very near future) or – god forbid – a nuclear war. Plus, these days – as Orlando and San Bernardino have demonstrated – there is the ever-present threat of terrorism. And although many preppers fear the worst, millions of others simply recognize the wisdom of preparing for the unforeseen in the face of a future which appears to be becoming increasingly dangerous and unpredictable. Peculiarly American prepping comes from history of self-reliance Prepping does seem to be a peculiarly American phenomenon, and there are perhaps some very good reasons for that. America's relatively short history is imbued with a tradition of self-reliance based on the realities of surviving in a vast wilderness which often presented formidable challenges, some natural and some man-made. Just as America's preoccupation with firearms – for better or for worse – is based on a historical need for them, so is the population's tendency to focus on self-preservation, a practice founded on the day-to-day lives of its earliest settlers, who faced many hardships in establishing the nation. To survive the harsh winters and other conditions present in the first centuries of the country's history, Americans learned the hard way that it was necessary to plan ahead and prepare for the unforeseen. An ingrained distrust of governments and authority figures has also contributed to the attitude that it's better to rely on one's self than on nature or someone else to provide the essentials for survival. This is one of the defining characteristics of the collective American psyche and it explains why so many of its citizens are now beginning to hearken back to the practices of their predecessors who believed, as Benjamin Franklin so aptly put it, "An ounce of prevention is worth a pound of cure." Food, water, shelter not amusing to Preppers Prevention, in this case, means making sure that one is ready to face events in which the essentials for survival are not available at the local supermarket and where the supply of power or water is no longer something that can be taken for granted. | |||||||||||||||||||||||||||||||||||||||||||||||||
Meanwhile In London, A Stunning Scene Emerges Posted: 22 Jun 2016 08:59 PM PDT When one thinks of lines of people waiting patiently to obtain "hard currency", one may think Russia, as was the case in December 2014 when the currency was plunging...
... or Greece in the summer of 2015...
... or even Geneva in the aftermath of the shocking January 2015 Swiss revaluation:
... one would certainly not expect it in the city considered by many as the capital of capitalism: London. And yet, as the FT shows in what may be the first of many such stunning images, "long queues stretched outside foreign exchange bureaux in the City of London on Thursday as people cashed in their pounds ahead of the EU referendum." Behold: London, circa right now. Line in front of a Longon foreign exchange bureau.
Odd: one would not get that impression based on the several moneyed bettors who were skewing the bookies lines. Luckily, sentiment on the ground is avaiable and much more actionable than manipulated indirect data. In any case, this is what is really taking place in the UK as of this moment:
To be sure, not everyone is terrified of the inevitable collapse in sterling in case of Brexit (which is what the Scaremongering campaign is all about). Some just want some vacation money...
... But it's safe to say that the vast majority of those lining up have far more existential concerns. Whether or not these are validated will be revealed as soon as the FX markets open for trading after the Brexit vote is released. | |||||||||||||||||||||||||||||||||||||||||||||||||
The Gold to Silver Ratio is Bullish for Both Gold and Silver Posted: 22 Jun 2016 08:30 PM PDT by Gary Christenson, Deviant Investor: Examine the 30+ year graph of the gold to silver ratio – this is the Big Picture perspective. The ratio moves from low to high and back to low in long term patterns. I have shown the large scale moves with red (up) and green (down) arrows. How does the Gold to Silver ratio indicate future prices? Examine the chart (below) of the ratio and silver. You can see a negative correlation between the ratio and the price of silver (gold also but not shown). When gold and silver prices are high, such as in 2011, silver has moved up a much larger percentage than gold, so the ratio drops into the 30 to 50 range. When prices are low, such as in December of 2015, silver has fallen far more than gold so the ratio is high – near or above 80. Since 2001 there have been three major highs in the ratio, which corresponded with LOWS in gold and silver prices. I have placed green ovals around the ratios when they exceeded 75 on the monthly data chart. When the ratio exceeds 75 and subsequently crosses below the moving average, a long term buy looks safe and profitable. This is not helpful for short term traders. But if you are a stacker, then buy gold and silver when the ratio has reached an extreme, such as 75 or greater, and is declining. Note that the ratio as of May 31, 2016 was 75.9 and declining from a high of 82.9 reached in February 2016, using monthly data. Per the gold to silver ratio and 30 years of history, 2016 has been a good time to buy gold and silver. The daily prices for gold and silver bottomed in December 2015 and should rally for several, probably many, years. | |||||||||||||||||||||||||||||||||||||||||||||||||
As Gold Prices Soar, Russia & China Are Well Prepared! Is the US? Posted: 22 Jun 2016 08:00 PM PDT from JayTaylorMedia: | |||||||||||||||||||||||||||||||||||||||||||||||||
Gold Lower Despite “Panic” Due To “Supply Issues” In Inter Bank Gold Market Posted: 22 Jun 2016 08:00 PM PDT Gold Lower Despite "Panic" Due To "Supply Issues" In Inter Bank Gold Market Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to "panic" and "supply issues" in the interbank gold market. Supply issues which respected gold analysts and ourselves have warned in recent years were taking place, would deepen and would ultimately lead to a reset of gold prices to much higher levels. Click chart for more Increasing speculation that Britain may vote to stay in the European Union and hedge fund liquidations are being blamed for the recent price falls. However, bullion dealers such as GoldCore, mints and refineries that cater to the UK market have seen minimal selling this week and in fact there has been a surge in demand again this week. We believe the price falls are due to hedge funds and banks liquidating positions and shorting the market. As ever, there is the risk that algo and high frequency trading (HFT) may be manipulating prices lower despite very robust physical demand and increasing liquidity issues in the interbank gold market. Informed, senior sources at the highest level of the gold bullion industry have told us that there is "panic" in the inter bank or institutional gold market. According to the sources one of whom is from a leading Swiss gold refinery, we are in a "unique trading climate" that they have never seen before. This is not just due to Brexit but to "a number of factors" and so is likely to continue even after the Brexit referendum. The market is subject to absolutely "unprecedented conditions" and a degree of illiquidity and "supply issues" not seen even in the immediate aftermath of September 11th, Lehman Brothers and the height of the Eurozone crisis. Refineries and mints are being advised that bullion banks may take the unprecedented step of "suspending the trading of physical gold." Premiums have risen on larger orders creating the situation where spreads are higher on larger orders. An example of this is that a 1,000 ounce order worth $12.66 million at current prices is trading at a premium of $0.33 per ounce over a smaller order of 500 ounces. There is also warnings that stop loss orders above 5,000 ounces may not be filled at agreed prices and could be filled at much lower prices. In addition, a number of large liquidity providers in the gold market, such as Intl FC Stone, have increased margins. Thus counter intuitively, larger high net worth and institutional orders are costing more than somewhat smaller relative orders. This has the effect of discouraging larger buy orders for physical – whether by accident or by design. "Officialdom" does not want surging gold prices in advance of the referendum due to the risks that this poses to the financial and monetary system and therefore prices may be being "capped" prior to the vote tomorrow. This bodes well for prices in the aftermath of the vote – whether the UK votes to remain or leave in the EU. Bullion banks "have been panicking" and advising that soon, they may no longer be able to quote prices on large gold bar orders. This response is previously unheard of and indicates the increasing illiquidity in the large gold bar market due to a recent surge in HNW, UHNW and institutional (wealth managers, hedge funds, banks etc) demand across the world coupled with already robust central bank demand. The increasingly illiquid physical gold market where supply cannot keep up with demand underlines the importance of owning physical bullion coins and bars – either in your possession or having direct legal title to your individual coins and bars. Bullion should be owned in your name or your company's name and be stored directly in the safest vaults in the safest jurisdictions in the world – outside the financial, banking system. | |||||||||||||||||||||||||||||||||||||||||||||||||
Is Silver Next for Chinese Speculative Investors? Posted: 22 Jun 2016 07:40 PM PDT There appears to be a pattern in the movement of frothy capital by John Lee, MineWeb.com: The roulette game all started in the fall of 2014, about two years after Chairman Xi Jinping came to power and became the general secretary of the Communist Party of China. Xi Jinping had campaigned for socialist economic reform, including a sweeping anti-corruption drive, cutting excess production capacity, tightening of housing credit, and clamping down on gaming in Macau. Public feedback was initially positive. However, largely as a result of those policies, Beijing was facing an increasingly grim economic growth outlook which was the worst in more than two decades*. Manufacturing activity in China slowed along with the global economy and the construction sector stagnated. In late 2014, the light bulb came on – someone in the higher echelon ranks thought the stock market could be a penicillin to the economic and social malaise. The stock market is easily accessible to the public and can serve to fill/occupy their free time. A rising stock market provides a desirable savings vehicle (as opposed to low yield bonds), enabling listed companies to raise capital and invest, while local governments and banks can piggy-back on the taxes and fees generated. As reported by China Daily Asia on September 5 2014: "State-run media in China are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The Xinhua News Agency published at least eight articles this week advocating equity investing after similar stories appeared in the People's Daily newspaper and on state-run television last month, part of what Everbright Securities Co said is an increased government push to bolster the market. Authorities have also cut trading fees, made it cheaper to open new accounts and organised investor presentations by the biggest listed banks…".1 | |||||||||||||||||||||||||||||||||||||||||||||||||
Gold Price Closed at $1268.00 Down -2.50 or -0.20% Posted: 22 Jun 2016 07:34 PM PDT
Markets were comatose today, paralyzed by Brexit's uncertainty. Gold traded in a $10 range, silver 24¢. Dollar gave back yesterday's gains, as did stocks. All eyes are on Brexit, except the ones like mine which have drifted off into a doze. Lo, the US dollar index gave back 39 of 42 basis points it gained yesterday, chalking up a 0.41% loss to 93.78. In the last three days the dollar index has, quite literally, plowed back and forth over the very same ground. No gain, no change. Meanwhile the euro gained 0.47% to $1.1298. No reason to guess whether this is real or Memorex, I'll tell you right out: it's Memorex. Central banks are supporting the euro before Brexit, and should Brexit brex, they will buy more to forestall its humiliating collapse. Yen gained 0.34% to 95.78. Whole world's become one gigantic Potemkin village. Stocks stalled, giving back yesterday's gains & closing lower, the Dow below its 50 DMA. Dow lost 48.9 or 0.27% to 17,780.93 -- jumped early inn the day, but began fading about 11;00 and never woke up. S&P500 backed off 3.45 90.17%) to 2,085.45. Dow in gold and Dow in silver haven't changed. Both are headed lower. Gold shaved off $2.50 (0.2%) on Comex to close at $1,268. Silver -- get out your microscope -- lost 6/10¢ to 1730.5¢. It does no good a-tall to speculate on the market outcome after Brexit. More important is the primary trend, which is up for silver & gold, topping for stocks, & unproven & neutral for the US dollar index. Whatever blip Brexit causes won't last more than a few weeks. Central banks will do all in their considerable criminal powers to smother and dampen those effects. Aurum et argentum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2016, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold or 18 ounces of silver. US $ and US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose. | |||||||||||||||||||||||||||||||||||||||||||||||||
Silver Options Traders Follow Gold To Longest Bullish Bet Since 2009 Posted: 22 Jun 2016 07:10 PM PDT Where gold goes, silver often follows, and in the options markets that is increasingly so... 3 month Puts have now been cheaper than Calls for more than 97 days... As the chart shows, bearish options on exchange-traded funds tracking the metals have been cheaper than bullish ones for the longest time since at least 2009. It doesn't appear the trend is set to change anytime soon, as Fed credibility collapses (red line - inverted expectations of rate-hike-pace) so Gold (gold line) and global developed market bonds (green line) have soared tick for tick...
So what happens next?
“There’s more upside risk for gold than there is downside,” Josh Crumb, the chief strategy officer who helps oversee $1.7 billion at Toronto-based GoldMoney, said in an interview in New York. “For gold to fall, they would have to raise interest rates more than the market expects, and I think that’s a very unlikely scenario.” | |||||||||||||||||||||||||||||||||||||||||||||||||
What the Control Over the Value of Euro and USD Means for 999 Silver Posted: 22 Jun 2016 07:00 PM PDT from Alexiscom1: | |||||||||||||||||||||||||||||||||||||||||||||||||
Brexit: Global Trigger Event, Fake Out Or Something Else? Posted: 22 Jun 2016 06:45 PM PDT Submitted by Brandon Smith via Alt-Market.com, Those people who do not avidly track global economic events may be a bit confused by the growing tensions surrounding the U.K. referendum to exit the European Union, otherwise known as the “Brexit.” Or, they are completely indifferent. Unfortunately, the potential fallout surrounding the event could very well affect the entire world, but perhaps not in the manner the mainstream media and international financiers would have us believe... I would point out that under normal global economic conditions, the Brexit really shouldn’t matter much to anyone outside of the U.K. If the EU was fiscally stable, if its banks were solvent and its national debts well in hand, if the EU was actually a practical and successful supranational body, then the damage done by a British vote to leave the union would be minimal. Of course, this is not the case. As many other independent economic analysts and I have been outlining for years, the European Union is on the verge of economic breakdown. Look at it this way — if financial turmoil in a tiny member state like Greece can cause widespread doubts about the EU’s stability, then there is something fundamentally volatile about the entire structure. The Brexit matters greatly to the future of the EU because, theoretically, if one of its most prominent members says adios, then other members may do the same. As it stands now, the EU cannot afford to have even one member, economically large or small, drop out of the system. The Brexit matters to the rest of the world including the U.S. because of the brilliantly-destructive program of interdependency and globalism that has shaped our financial house for decades. Interdependency leads to extreme economic weakness because no piece of the global system has the tools to survive without the other pieces; and on top of this, when one part of the machine goes down, ALL the other parts are affected. It is a truly horrible and seemingly idiotic system; but not so idiotic if you accept the reality that it is deliberately engineered to fail. When you examine the fiscal foundations of every major economy in the world today, what you find is a financial shell game. The fundamentals tell us the truth; with global exports and imports in decline, global shipping of raw materials in decline, manufacturing in decline, retail in decline, employment in decline, real unemployment numbers including those people no longer counted by the Labor Department skyrocketing and the number of people on welfare and food stamps skyrocketing. In reality, the global economy is one massive thin-skinned bubble searching for a sharp object to impale itself on. The Brexit may very well be that sharp object. Before I go into the various details surrounding Thursday’s vote, I want to state that I am in full support of the British movement to leave the European Union. The reasoning behind a successful Brexit is solid. The European Union’s rabid socialist tendencies have created a doom scenario for all those shackled to the supranational body. Forced multiculturalism and cultural Marxism has opened a floodgate of Islamic refugees which hold ideological beliefs completely incompatible with western principles and heritage while at the same time introducing a massive vampiric drain on the prevailing social welfare systems. The EU’s governing body is a mostly faceless and unaccountable bureaucracy that hands down legal dictates from on high while the general population of the member states have little or no input. The European Central Bank’s monetary policies support failed financial institutions and fraudulent markets while siphoning tax dollars from stronger and more successful nations in order to feed the debt addictions of weaker countries. The very philosophical engine behind the EU is one of collectivism; it is a system that requires a hive mentality in order to function. Only a fool would WANT to participate in such a political and financial farce. That said, I think we need to take stock of certain underlying realities. First, as mentioned earlier, the EU, like most other economies today, is an interdependent structure and is thus designed to fail. The EU is not the golden goose for globalists, it is just another appendage that can be sacrificed or rearranged in order to achieve greater goals. The EU is a means to an end, it is not the ultimate prize. The ultimate prize for globalists would be a system like the EU with a single currency and a single monetary authority, but this new system would erase all sovereign borders and install a single governmental authority as well. What does this mean? It means that the failure of the EU does not necessarily mean a failure for the internationalists. For groups of globalists that promote an ideology of Fabian Socialism, a breakdown of the EU, whether partial or total, can be used as leverage for a larger and more centralized global power structure in the long term. Mark my words, when the system comes crashing down (whether after the Brexit or after another trigger event), internationalists will say that the EU failed not because it was centralized, but because it was not centralized ENOUGH. Even though I support the Brexit movement based on the principle that supranational unions are a heinous affliction upon free individuals and nations, I have no illusions that a successful Brexit vote will actually harm the globalists. In fact, they may very well desire the U.K. to leave the EU. Why? As noted, the global economy is on the verge of implosion. The ONLY elements of the system that are not yet crashing are stock markets. This is because stock markets do not in any way reflect the fundamentals of the economy, they only reflect investor perceptions of the economy. Perceptions can be manipulated for a time, and public psychology can be subdued by false optimism and lies. It can take years for a population to psychologically accept the idea that they are in the midst of a recession or depression. Therefore, it can take years for stock markets to finally reflect the legitimate dangers within the economy. Central banks at the behest of globalist institutions like the International Monetary Fund and the Bank For International Settlements have spent incredible amounts of capital and energy managing public perception. Through subversive monetary policies, they have weakened national economies to the point of collapse, and this collapse is meant to create enough chaos to inspire the masses through fear to support greater centralization. While certain banking institutions may fall, the bankers themselves have no intention of taking any blame for the inevitable collapse. If you examine modern history (the past century), you will find in the aftermath of every crisis that globalist organizations have consistently blamed nationalism and sovereignty while promoting socialism and centralization as the most civilized solution. That is to say, globalists create widespread war and financial terror, blame conservative ideals such as sovereignty, then argue that such ideals must be eradicated for the greater good of the greater number. We have to be honest in our exploration of the Brexit event and admit that in this case the globalists win either way. If the Brexit succeeds, the globalists can allow the market systems they have been inflating for years to finally crash. They can then blame those dastardly "far-Right extremists" in the U.K. for triggering a domino effect within the global financial system, conveniently scapegoating British conservatives, moderates and sovereigns for a breakdown that was going to happen eventually anyway. Their solution will once again be to argue for the end of “barbaric” conservative principles and install complete centralization and socialism as the cure. If the Brexit fails, or if it is a controlled fake out, they can artificially boost markets for perhaps another month while distracting the public away from the negative fundamentals yet again. We should also not overlook the possibility that the referendum vote may be rigged one way or the other. Current polls indicate a tie between the “Leave” crowd and the “Remain” crowd. Any vote this close is the easiest kind of vote to rig a few percentage points to either side. I believe the Brexit vote may be allowed to succeed, here’s why…
There is also the possibility that the Brexit is yet another fake out. We have seen many of them over the past few years. So many in fact that a lot of analysts in the Liberty Movement have grown pretty cynical, as if the system could be propped up forever. The issue is always, of course, one of timing. All fundamentals indicate that the global economy is going down regardless of what central banks and international financiers do in the long run. The only question is whether or not they feel it is time to pull the plug on one of the last remaining bubbles (stocks). A successful Brexit could be a perfect scapegoat for the next leg down in the economy, or it could be a perfect placebo to boost markets for a short time if it fails. In either case, I have no doubt that the outcome has already been decided. | |||||||||||||||||||||||||||||||||||||||||||||||||
#BREXIT: Independence Day for Britain? Posted: 22 Jun 2016 06:30 PM PDT Will June 23 be Britain's 4th of July? The vote on whether Britain will leave the European Union will be held Thursday. Lord Monckton explains why BREXIT is part of the movement against globalist efforts to eradicate democracies worldwide. The Financial Armageddon Economic Collapse Blog... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
Sanders supporters may vote for Trump over Clinton Posted: 22 Jun 2016 06:00 PM PDT GOP Strategist Ford O' Connell, GOP Communications Strategist Adam Goodman, Attorney Danielle McLaughlin and Trump Campaign Advisor Steve Rogers on the war of words between Donald Trump and Hillary Clinton. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
"California Quaken" 7.0 Catastrophic Quake Predicted By Scientist Posted: 22 Jun 2016 05:30 PM PDT California's San Andreas Fault is definitely moving according to earthquake experts The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
Mechanism for The Destruction of Humanity -- Jay Weidner Posted: 22 Jun 2016 05:00 PM PDT Jeff Rense & Jay Weidner - Mechanism for The Destruction of Humanity Clip from June 21, 2016 - guest Jay Weidner on the Jeff Rense Program. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
Gold is suppressed and likely will correct overnight, BMG's Barisheff tells USA Watchdog Posted: 22 Jun 2016 04:48 PM PDT 7:45p ET Wednesday, June 22, 2106 Dear Friend of GATA and Gold: Nick Barisheff, chief executive officer of Bullion Management Group in Canada, tells USA Watchdog's Greg Hunter today that the gold market is manipulated with paper gold, gold exchange-traded funds are mechanisms of price suppression, gold trading freely would be double its current price, and eventually the gold market will correct dramatically upward. Barisheff adds that China's government likely has much more gold than it has reported officially and that much of that gold well may have come out of Western central bank vaults through leasing to bullion banks and sale into the market, thus becoming unrecoverable. Barisheff says he is inclined to think that gold's upward price correction will happen overnight as "the big reset," the title of Willem Middlekoop's recent book on central banking's war against gold. USA Watchdog's interview with Barisheff is 24 minutes long and can be watched at USA Watchdog here: http://usawatchdog.com/massive-defaults-dramatic-increase-in-gold-nick-b... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Free Storage with BullionStar in Singapore Until 2016 Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore. Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop-shop for precious metals in Singapore. Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage is FREE until 2016 and will have the most competitive rates in the industry thereafter. For more information, please visit Bullion Star here: Join GATA here: New Orleans Investment Conference Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: | |||||||||||||||||||||||||||||||||||||||||||||||||
Nigel Farage speech on last day of EURef campainging (22Jun16) Posted: 22 Jun 2016 04:47 PM PDT UKIPs Nigel Farage speech on last day of campaigning for EU Referendum. Rrecorded from BBC News Channel HD, 22 June 2016. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
Run on Banks? Brits rush to buy Euros & US Dollars ahead of Brexit EU Vote June 23, 2016. Posted: 22 Jun 2016 04:00 PM PDT Run on banks? Brits rush to buy Euros and US Dollars ahead of Brexit EU REFERENDUM Vote June 23, 2016.~~Links:1) https://www.rt.com/uk/347802-banks-eu...2) Thumbnail iamge - Euro and Pound by Phil Noble Reuters,https://www.rt.com/uk/347802-banks-eu... The Financial Armageddon Economic Collapse... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
#Brexit Breakdown: The Final Countdown Posted: 22 Jun 2016 03:35 PM PDT With just hours before voting begins, Sebastian Payne provides a final round-up of activity from the Remain and Leave campaigns. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
The Curious Case of Brexit Polls and Bookies Posted: 22 Jun 2016 02:54 PM PDT This post The Curious Case of Brexit Polls and Bookies appeared first on Daily Reckoning. There is something odd going on in the forecasting process around Brexit. Polls are showing the contest between “Leave” and “Remain” about 50/50, a statistical tie. It's definitely too close to call. Betting venues are showing the odds of Remain winning at about 75% with Leave about 25%. How can we explain this huge discrepancy? There’s an old saying that “A little learning is a dangerous thing.” It means it’s OK to be ignorant of something as long as you know your own ignorance and act accordingly. It’s also OK if you’re a true expert and use your expertise. The danger is when you think you’re an expert, but you really aren’t — or, at least you don’t know as much as you think you do. That’s when you get into trouble. That’s a good summary of how a lot of presumed experts are misinterpreting the U.K. referendum betting odds. The first thing to understand is that betting venues such as Ladbrokes try as hard as possible not to take a view on the referendum. They are middlemen trying to balance interest between two sides. The odds you see are not bettors versus bookies. They are bettors versus bettors with bookies just trying to balance the money flows in the same way a market maker in stocks balances interest between buyers and sellers by moving the price up or down. The next point is that the odds do not reflect a balanced number of bets between Remain and Leave. In fact, there are far more bets for Leave than Remain. It’s just that the Remain bets are larger on average than the Leave bets. This probably reflects the fact that Remain bettors are bankers and elites, while Leave bettors are everyday U.K. subjects. If all bets were weighted equally, the odds would be heavily in favor of Leave. Another problem is to understand what it means when bettors give a 75% probability to Remain. It does not mean that 75% of the voters will vote Remain according to bettors. All it means is that 75% of bettors believe Remain will get at least 50.01% of the vote. In other words, Remain bettors might see a close race, but a preponderance believe that they can foresee the outcome. That’s a very risky bet and probably reflects a lot of cognitive biases (confirmation bias, risk aversion, herding, denial, etc) rather than cool objectivity. Finally, and most importantly, a betting pool is only a good reflection of the outcome if it’s a good representation of the voting pool. A poll tells you what the voters think. Betting odds tell you what bettors think the voters think. That’s two-steps removed from the actual vote with exponentially more ways to be wrong. If the bettors do not resemble the voters, and if bets are not equally weighted (like votes) then betting odds can skew wildly away from the outcome at the voting booth. A good example of this was the 2015 election for Parliament when the betting odds showed an 85% chance of a “hung Parliament” when, in fact, the Tories emerged with a resounding victory. Fans of betting odds often turn to a theory called “the wisdom of crowds” which was proposed by a book of the same name written by James Surowiecki. The idea is that the average opinion of a large group of everyday citizens can produce more accurate estimates than those of individual experts. This can be true in some instances, but not all. Generally, the easier the problem, the more likely that the crowd will produce a better estimate than the expert. Classic cases include contests like “Guess the Weight of the Cow” or “Guess How Many Jelly Beans are in the Jar.” These are simple problems. The average of a large group of guess filters out noise and comes close to an accurate estimate. There are also no barriers to entry in these problems; no one has to pay money to play the game. This wisdom of crowds theory does not transfer well to betting odds on Brexit where you have to put up some real money to bet (and be able to afford to lose it) and where there’s nothing simple about the arguments pro and con. Just requiring a money bet filters out those who cannot afford to bet or cannot afford to lose, which describes many eligible voters. Also, much betting is done online or with mobile apps, which also filters out some older voters who may be less agile with smartphones and apps. I spent ten years building market prediction engines for the CIA, so I’ve studied these dynamics closely. All things considered, it seems likely that the polls have this right and that the outcome really is too close to call. The betting odds reflect a lot of biases and filters that cause them to diverge from the actual view of the electorate. Why does this matter to you if you're an investor? Because markets are putting great weight on the betting odds. In recent days we have seen rallies in stocks and sterling, and declines in gold. Markets are re-pricing risk based on a Remain victory as reflected in the betting odds. This may even be a feedback loop in which markets are set by wealthier bankers and institutions who themselves favor Remain and are among those placing bets. If markets are priced for Remain when the actual odds are 50/50, then investing in assets that will benefit from a Leave victory is an excellent risk/reward trade. Regards, Jim Rickards P.S. I've spent over $100,000 to bring you an urgent warning from London. It's extremely time sensitive. My proprietary market timing indicator is saying a market crash could happen TOMORROW. That's we're why pulling my video down tomorrow at 5:00 p.m. Do not miss it. Click here now or on the play button below to watch. The post The Curious Case of Brexit Polls and Bookies appeared first on Daily Reckoning. | |||||||||||||||||||||||||||||||||||||||||||||||||
Why the average person should own gold, silver Posted: 22 Jun 2016 02:41 PM PDT Resource Investor | |||||||||||||||||||||||||||||||||||||||||||||||||
TF Metals Report: Gold cartel will face trouble no matter how Britain votes Posted: 22 Jun 2016 02:25 PM PDT 5:25p ET Wednesday, June 22, 2016 Dear Friend of GATA and Gold: The TF Metals Report's Turd Ferguson writes today that the gold cartel is going to face big trouble with the monetary metal no matter how the United Kingdom votes Thursday on whether to withdraw from the European Union and reclaim its independence. His commentary is headlined "One Day to Brexit Vote" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/7691/one-day-brexit-vote CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Silver Coins and Rounds with Employee Pricing and Free Shipping Grab your Silver Starter Kit at cost from Money Metals Exchange, the company named "Precious Metals Dealer of the Year" by industry ratings group Bullion Directory. Simply go to MoneyMetals.com and type "GATA" in the radio box at the top of the page. This special silver offer contains 4 ounces of silver coins and rounds in the most popular 1-ounce, half-ounce, and 10th-ounce forms. Claim yours now, because GATA readers get employee pricing and free shipping. So go to -- -- and type "GATA" in the radio box at the top of the page. Join GATA here: New Orleans Investment Conference Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference: https://jeffersoncompanies.com/landing/2014-av-powell Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: | |||||||||||||||||||||||||||||||||||||||||||||||||
Gold Daily and Silver Weekly Charts - Brexit and Stress Test Results - Exceptional USA Posted: 22 Jun 2016 01:28 PM PDT | |||||||||||||||||||||||||||||||||||||||||||||||||
The DEA Decision That Could Create Fortunes Posted: 22 Jun 2016 12:00 PM PDT This post The DEA Decision That Could Create Fortunes appeared first on Daily Reckoning. A brand-new market created before our eyes isn't something you see every day — but that's exactly what might happen before the end of 2016. A major change in how America regulates drugs is on the verge of taking place. This change will create the opportunity to earn huge profits for investors who "get in ahead" of the creation of this market… A market that is going to include pharmaceuticals and biotechs. The FDA isn't the only federal bureaucracy tasked with regulating pharmaceuticals. There's also the "muscle" behind U.S. drug regulation, and that's the Drug Enforcement Administration (DEA). By August 1, the DEA is going to examine what it calls its "schedule" with respect to one controlled substance. "Schedule" refers to how the DEA classifies drugs. These classes range from Schedule I to Schedule V. Schedule I drugs are the most tightly regulated. In fact, they are practically forbidden on the open market. Drugs or substances put on Schedule 1:
Since 1972, marijuana has been a Schedule I drug –up there with the likes of heroin — despite having a lower potential for abuse than many other Schedule I drugs, and possible medical uses. I'm not going to argue about the abuse stance –that's all subjective. But let's also remember that there are other substances out there with the potential for abuse, like alcohol and caffeine –neither one a Schedule I drug. What I want to focus on are the potential uses for marijuana from a medicinal standpoint. Marijuana reacts with several biological systems, allowing vast possibilities in biotech research.
The study of the biological effects of marijuana's active ingredients has even led to an understanding of a network inside the body called the endocannabinoid system (after the name for the plant: cannabis) controlling both the central nervous and immune systems. That potential for medical use has led a number of states to decriminalize or legalize marijuana for medical purposes — although marijuana is still illegal at the federal level. This remains a major impediment to the use of the substance or to the use of drugs derived from it. Late last year, however, a letter from multiple senators was sent requesting a re-examination of marijuana regulation. This past spring, the DEA listened, announcing that it will decide whether or not to reclassify the substance as soon as August 1. August 1. That's the magic date. And here's why it could make you a fortune. Rescheduling marijuana and its derivatives to a milder classification will open floodgates for research and new pharmaceuticals. The total market, including pharmas, could end up being as big as $100 billion per year. Biotech investors could easily see gains for some of these companies in the hundreds and thousands of percent.
It's prime opportunity for biotech investors. A $100 billion medical marijuana market could line your pockets. And there are lots of ways to play the field. Plenty of small, publically traded companies that are tied to marijuana use have soared…but I've discovered two companies that are still flying under the radar of most investors. I expect the DEA to make the right decision by August 1. If they do, the price of these stocks will hit the ground running. You can read about the companies in my newest report here. I think they offer you the best chance at making a profit from marijuana-derived medical research. Again, to find out about the companies I believe will make us the most profit in this potential new market, click here. To a bright future, Ray Blanco [Editor's Note]: Medical Marijuana research is one of the easiest and most profitable things you can do with your money in the following year. I've been following this story very closely for the past few months… waiting for the optimal time to get in. If you want the chance to risk very little money… with the potential for a huge reward, you need to check out our presentation on this incredible situation. Click here to find out more. The post The DEA Decision That Could Create Fortunes appeared first on Daily Reckoning. | |||||||||||||||||||||||||||||||||||||||||||||||||
Something is Going On in 2017! (These are the END TIMES) Posted: 22 Jun 2016 10:30 AM PDT The government is always years ahead of what is released! WORLDWIDE STRANGE EVENTS: Something Strange is Happening Around the World. This video shows prophetic events from the past week or so june 2016 signs of the times end times jason The Financial Armageddon Economic Collapse Blog... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
Hillary: The New Mother Teresa? Posted: 22 Jun 2016 09:00 AM PDT This post Hillary: The New Mother Teresa? appeared first on Daily Reckoning. Hillary Clinton's campaign website says her "commitment to public service and fighting for others – especially children and families – has stayed with her throughout her life." She's such a selfless giver… just a sweet lady… a lovely heart of compassion… a gentle soul trying to make a difference in the world… dressed smartly as Kim Jong-Un's doppelganger. Hold on a second, I need to finish puking… The dictionary defines "public service" as something that's done to help people rather than to make a personal profit. So how exactly has Clinton amassed a Gordon Gekko-style fortune of more than $150 million through her supposed self-sacrificing commitment to helping others? "Greed is good!" Monetizing "Public Service"From 2001 to when she launched her presidential campaign in 2015, Hillary and Bill Clinton were paid off a staggering $153 million. How is that possible? Wrong question. How is that not possible? She is a card-carrying member of the Deep State's backbench. Let's recall how the "Clinton gets loaded" scheme works… She was "appointed" U.S. Senator from 2001-2009, and then was carefully "moved" into Secretary of State from 2009-2012. Hold on, what's wrong with that? All that time spent in "public service" doesn't pay $153 million no matter how you slice the cards. Plus, her girl-chasing husband wasn't exactly managing a macro-event hedge fund during that span. And you sure don't make that jack from a presidential pension. So how did they get their hands on a sum of money that African warlords running weapons would respect? Easy as pie. It's not that hard to do when you pimp out your office to crony capitalists, despotic Middle Eastern regimes and Third World monsters tied to human rights abuses… all to line your own pockets with gold. Exhibit A: As Secretary of State, Hillary helped win approval for Russia's state nuclear agency to buy a controlling interest in one of America's largest uranium mines, despite the potential threat to U.S. national security. Not surprisingly, just after that, Bill Clinton received a $500,000 speaking fee from a Russian investment bank with Kremlin ties. You think that's just a coincidence? Hell no. A job well done and she got paid – indirectly through Slick Willy, of course. Want more? Exhibit B: The IRS was suing Swiss bank UBS to get the identities of Americans with secret accounts. Hillary intervened and arranged a settlement to UBS' swift benefit. Soon after, Bill, otherwise known as Lewinsky's ex, received a tidy sum of $1.5 million to appear at a few UBS social events – to ostensibly chat up investment bankers about the optimal use of Tinder for dating younger women. Just another freak coincidence you say? Wait, it gets better. Exhibit C: Hillary presided over State Department studies that said the Keystone XL pipeline would pose very few environmental risks, and that her department was "inclined" to support the project. This enraged diehard environmentalists in Clinton's own party who expected her to kill any pipeline. But what they didn't know was that the Clinton tag team had scored a boatload of speaking fees from one of the Keystone XL pipeline's largest investors: TD Bank. They paid Bill Clinton $1.8 million for who the hell knows what from 2008-2011. But I imagine Bubba just shrugged and whispered: "It’s big pimpin', baby!" So was this just another wild coincidence? Only to someone who's had a full-frontal lobotomy with an ice pick. International Slush FundThe bottom line is there's a direct connection between Hillary's "public service" and the immense growth in the Clinton family's fortune – easily projected to exceed $1 billion in the years to come. And it goes beyond just slushing millions upon millions directly into the coffers of Arkansas' First Family. Hillary also used her State Department "service" to obtain at least $2 billion in "donations" (read: kickbacks) to the Clinton Foundation. If you recall, the Clinton Foundation began in 2001 with the purpose to "convene global leaders to create and implement innovative solutions to the world's most pressing challenges." That's some seriously Orwellian language designed to confuse the stupid into submission. Bravo! Well done. In reality, it's just an international sovereign wealth fund the Clintons have used to cement their power and fund their jet-setting lifestyle – you know, the jet-setting where Bill flies around with convicted pervert Jeffrey Epstein. I digress. Back to the nobility of the Clintons' charitable efforts… Their "charity" only gives out less than 10% of its donations in aid. And the bulk of its cash hoard has been used to pay for "F-you" travel expenses, salaries and bonuses – with the biggest cash payouts going to their family and friends. I wonder if the Clintons have developed a special family cheer every time another million comes in for the poor kids? Or do they just go straight to the mall and load up on more Versace? Why in the world would anyone donate to such a scam? This headline from Vox tells you all you need to know… "At least 181 companies, individuals, and foreign governments that have given to the Clinton Foundation also lobbied the State Department when Hillary Clinton ran the place." I'm sure there was no connection between the two. Those entities only donated to make the world a better place, save the oceans, cure diseases and feed starving children. They had zero interest in receiving any special favors from the Clinton "A Team." It's all just another attack on the Clintons organized by the vast right-wing conspiracy, right? In Service to HillaryReaders often ask me how anyone could vote for Hillary knowing that her corruption rivals characters in Martin Scorsese's "Goodfellas." My answer is quite simple… Half the electorate is on welfare, dead broke and doesn't care about anything except watching the next underage Kardashian parading her fake boobs across Instagram. Doubt me? In a Fox News poll, 50% of those polled said Hillary should keep running for President even if she gets indicted for her email server scandal. Don't blame them. They just need the gravy train of social programs and entitlements to keep flowing or they will go zombie-style looting and rioting. (Oops, that's their weekend either way.) And to the big boys, the members of the Deep State bankrolling Hillary's campaign, her corruption is actually responsible for her appeal. When she wins, global elites who denigrate women, crony capitalists, dirty foreign governments and international dictators on the lam will want favors from the President of the United States… not just a cabinet official at the State Department. That means shady global operations involved in forced labor, modern slavery, human trafficking and the worst forms of child labor will have a seat at the Clinton "commitment to public service" table. Look, the Deep State is trading up and going all in to get Hillary elected. That means the Oval Office will be officially open for business, not that it makes a huge difference cause the Clinton camp has been open for a long time. All of this is bad news for the country, but it's freaking great news for the Clintons' assorted offshore savings accounts. Don't ever forget the perverse Clinton definition of "public service" – all of us on bended-knee licking their boots. Because to the First Family of Arkansas, we should all be so lucky to provide them our service. Please send me your comments to coveluncensored@agorafinancial.com. Regards, Michael Covel The post Hillary: The New Mother Teresa? appeared first on Daily Reckoning. | |||||||||||||||||||||||||||||||||||||||||||||||||
Nigel Farage on last day of Leave-EU campaigning (22Jun16) Posted: 22 Jun 2016 08:55 AM PDT UKIPs Nigel Farage talks about the final day before people get to vote in the EU referendum whether in or out. Recorded from BBC News Channel HD, 22 June 2016. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
Marc Faber Warns : The Global Economy Is Entering An Epic Slump Posted: 22 Jun 2016 08:02 AM PDT Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
The Endgame Is WWIII And Full Blown Tyranny In America: Stephen Lendman Posted: 22 Jun 2016 07:27 AM PDT ISIS is an Israeli creation but financed with american money because the Israelis control the US. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | |||||||||||||||||||||||||||||||||||||||||||||||||
GoldCore's O'Byrne: Bullion banks panicking amid shortage of metal Posted: 22 Jun 2016 07:06 AM PDT 10:04a ET Wednesday, June 22, 2016 Dear Friend of GATA and Gold: GoldCore's Mark O'Byrne, citing confidential "senior sources at the highest level of the gold bullion industry," writes today that "illiquidity" and "supply issues" have caused "panic" in the institutional gold market, with some bullion banks cautioning that they may have to suspend trading of physical gold. O'Byrne's report is posted at GoldCore here: http://www.goldcore.com/us/gold-blog/gold-lower-despite-panic-due-to-sup... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Silver Coins and Rounds with Employee Pricing and Free Shipping Grab your Silver Starter Kit at cost from Money Metals Exchange, the company named "Precious Metals Dealer of the Year" by industry ratings group Bullion Directory. Simply go to MoneyMetals.com and type "GATA" in the radio box at the top of the page. This special silver offer contains 4 ounces of silver coins and rounds in the most popular 1-ounce, half-ounce, and 10th-ounce forms. Claim yours now, because GATA readers get employee pricing and free shipping. So go to -- -- and type "GATA" in the radio box at the top of the page. Join GATA here: New Orleans Investment Conference Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference: https://jeffersoncompanies.com/landing/2014-av-powell Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: | |||||||||||||||||||||||||||||||||||||||||||||||||
These Conditions Ensure That Gold Stocks Will Continue To Rise Over The Coming Years Posted: 22 Jun 2016 06:15 AM PDT Gold stocks need very specific conditions in order to perform well. The last time most of these conditions were present was during the Great Depression. However, conditions are currently shaping up to be even more ideal. The performance of the Dow is one example of conditions that heavily influences how gold stocks fair. Historically, gold stocks had some of the best rallies after significant Dow peaks. This was true for the 1929 and 1973 major Dow peaks. | |||||||||||||||||||||||||||||||||||||||||||||||||
Proof that the Gold Bears are Wrong Posted: 22 Jun 2016 06:08 AM PDT I am bullish on gold and I own gold and mining stocks, because gold is in a bull market. I have been trying to do my best to tell people this, but many people simply do not believe it. Gold and the mining stocks went through a very brutal bear market for five years and that makes it hard for people to believe that any of the rallies are real. What is more there are several “experts†that keep calling for gold to fall to $1,000 or even $250 an ounce that are scaring people out of gold. | |||||||||||||||||||||||||||||||||||||||||||||||||
Gold Falls Despite “Panic†Due To “Supply Issues†In Inter Bank Gold Market Posted: 22 Jun 2016 06:00 AM PDT Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to “panic” and “supply issues” in the interbank gold market. Supply issues which respected gold analysts and ourselves have warned in recent years were taking place, would deepen and would ultimately lead to a reset of gold prices to much higher levels. | |||||||||||||||||||||||||||||||||||||||||||||||||
Gold and its 200 Week Moving Average Posted: 22 Jun 2016 05:55 AM PDT I think we can safely assume the Brexit vote is going to fail. This should be bullish for stocks and bearish for the dollar. A falling dollar should be good for gold. However, with stocks and oil moving higher it’s likely to take some focus off gold. | |||||||||||||||||||||||||||||||||||||||||||||||||
Here’s a Trillion-Dollar Investment Opportunity for Those Few with No Debt Posted: 22 Jun 2016 05:42 AM PDT BY TONY SAGAMI Politicians and central bankers throw the word “trillion” around as if it were chump change, but a trillion dollars is a huge mountain of money. A trillion is equal to a thousand billions (1,000 x 1,000,000,000). 1,000 = one thousand 1,000,000 = one million 1,000,000,000 = one billion 1,000,000,000,000 = one trillion | |||||||||||||||||||||||||||||||||||||||||||||||||
Are Copper and China Set to Rally? Posted: 21 Jun 2016 10:00 PM PDT The Gold Report | |||||||||||||||||||||||||||||||||||||||||||||||||
Breaking News And Best Of The Web Posted: 21 Jun 2016 06:20 PM PDT Brexit polls tighten again and Yellen addresses Congress. US stocks and interest rates flat, gold falls. Central banks seem to be losing control of the narrative. Bitcoin is correcting. The Rio Olympics are looking more and more chaotic, as is the Trump campaign. Best Of The Web Imagine – Hussman Funds Why the Imperial […] The post Breaking News And Best Of The Web appeared first on DollarCollapse.com. |
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