Gold World News Flash |
- A Green Beret’s Guide to Improvised Home Defense, Part 2
- All Time Highs and Lows … and the Great Collapse
- A Look at September: Gold and Stock Market
- South Carolina Sprays for Zika, Further Decimates Honeybee Population
- The Greater Depression - Part 2: "Cinderella Man"
- The Global Economic Mess, Silver Mining and Chinchillas
- Join GATA at the New Orleans conference in October because you can't lose
- Whats the difference between bullion and numismatic coins?
- Roberts and Embry interviewed by GoldSeek Radio
- Son Of China's "Grand General" Reveals Reason Behind China's Capital Flight"
- UK Economy Post BrExit Boom, Bank of England, Treasury Economists, Journalists ALL WRONG!
- Deutsche Bank Tries To Explain Inability To Deliver Physical Gold
- G20 Meets in China To Fight Anti-Globalism And Usher In New World Order
- This New Technology Can “See” Beneath The Ground Cover And May Soon Lead To Massive Gold Discoveries In America
- Breaking News And Best Of The Web
| A Green Beret’s Guide to Improvised Home Defense, Part 2 Posted: 06 Sep 2016 12:30 AM PDT by Jeremiah Johnson, Ready Nutrition:
`There are a number of these factors that need to be mentioned. We mentioned some terms such as cover and concealment in the first article. To refresh, cover protects and can hide you, concealment usually hides you with a slight protection factor in many instances. In an urban environment, there are many structures in a firefight to provide you with cover, such as brick or masonry buildings, and also large public works structures such as tunnels and concrete subway and sewer accesses and portals. Due to the increased amount of structures that are very durable in nature, cover is more readily available in a city, and can also by its nature conceal you. Conversely, this deals with the exterior of buildings. The interiors are different matters. Drywall (the universal construction "substance") provides minimal or no protection from small arms fire. Another drawback in high rises or townhomes are the windows…great for light, but not great for either providing concealment or cover for you. The greatest challenge that you will face, however, is in the numbers of people you encounter in an urban environment. "World War Z," the movie with Brad Pitt has an excellent illustration of this toward the beginning of the film when he and his family are in New Jersey. Watch the scene, and realize the sheer amount of humanity moving around you during a disaster, each one of them desiring the same things as you, with the same needs as you. Now to factor into all of this is where you live. Remember, if you live in a really big city (such as New York or Los Angeles), your primary consideration should always revolve around your city being a target in a nuclear war, in which case most of these considerations mentioned in this article are secondary in nature to what you will face with that. Checklist for Apartment Dwelling Preppers Defending Territory If you're in a really high skyscraper-type apartment, it is critical to be abreast with the situation and get out of there beforehand. If this is not possible, then there are a few things you need to assess as a checklist for yourself and your family:
Preparation and planning are the keys here. You need to have a plan of escape from that type of residential structure. The exfiltration needs to be secure, silent, swift, and successful….in that order of importance for the first three with the last one being a goal. As an example, you may have an abandoned storage building made of stone one block from your residence. Here's what you do.
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| All Time Highs and Lows … and the Great Collapse Posted: 05 Sep 2016 11:01 PM PDT Stocks and Bonds: Dow Jones Industrial Index – high 18,636 on August 15, 2016 S&P 500 Index – high 2,190 on August 15, 2016 NASDAQ Index – high 5,262 on August 15, 2016 T-Bonds – the 30... {This is a content summary only. Click on the blog title to continue reading this post, share your comments, browse the website, and more!} |
| A Look at September: Gold and Stock Market Posted: 05 Sep 2016 10:40 PM PDT The month ahead looks choppy for both markets. Gold (especially the miners) has just come off of hard drop, so we may expect an upward/sideward bias until we get past Mercury Rx (retrograde) around September 22, where we could see a more explosive up move into early October with a GDX target above 33. Next week looks fairly bullish to me, but with some attempt at selling the rallies (look for the 28.43 area Wednesday and also around 29 Friday to be sell zones). Tuesday may go down and if it does, would represent a nice buying opportunity in the miners and PM's, IMO. Taking profits early when in Mercury Rx is usually a wise idea. |
| South Carolina Sprays for Zika, Further Decimates Honeybee Population Posted: 05 Sep 2016 09:00 PM PDT by Vicki Batts, Natural News:
This heartbreaking news is not terribly surprising; the tidal wave of bee deaths follows a local government decision to spray a number of areas across the country with Naled, a type of pesticide that’s being used in the name of Zika prevention. On Sunday, August 28, Dorchester County sprayed the hazardous insecticide across the region. Flowertown Bee Farm and Supply, an apiary located in Summerville, has reported that 46 of their hives died on the day of the spraying; that equates to about 2.5 million bees. A scientist from Clemson University collected soil samples from Flowertown to investigate the cause of the bee deaths, but to bee farmers the reason is already quite clear: The bees were poisoned and killed by pesticides. Naled, their poison of choice, is known to be very toxic to bees, as well as mosquitoes. Even though no one in the country has been infected by a locally-acquired Zika infection, officials have taken it upon themselves to go ahead and spray the area anyway. Normally, the country utilizes trucks to promote ground-based mosquito control efforts. For whatever reason, on Sunday they decided to try something new and sprayed across their skies for the first time. The county says it posted plenty of warnings about the pesticide mist set to rain down on citizens. They put out one notice in the newspapers on the Friday before, and one Facebook post on Saturday. Unfortunately, it appears that bees can’t read and didn’t know they were supposed to stay home that morning. Local beekeepers do not feel that they were given any advance notice about the spraying. Honestly, if you use social media at all, you know that you don’t always see every single story an organization posts in your news feed, and not everyone buys a newspaper seven days a week. |
| The Greater Depression - Part 2: "Cinderella Man" Posted: 05 Sep 2016 07:00 PM PDT Submitted by Jim Quinn via The Burning Platform blog, In Part One of this article I made a fact based case that most Americans are experiencing an economic depression on par with the Great Depression of the 1930’s. In Part Two I will compare and contrast two very different men who raised the spirits of the common man during difficult economic times. As we approach the perilous portion of this Fourth Turning, it will take more than hope to get us through to the other side.
Cinderella ManLikening Braddock to Trump might seem far-fetched, until you think about parallels between the economic conditions during the 1930’s and today, along with the deepening mood of crisis, despair and anger at the establishment. Braddock’s career coincided with the last Fourth Turning. James J. Braddock was born in 1905, to Irish immigrant parents Joseph Braddock and Elizabeth O’Toole Braddock in a tiny apartment on West 48th Street in New York City. His life personified that of a GI Generation hero. One of seven children, Jimmy enjoyed playing marbles, baseball and hanging around the old swimming hole on the edge of the Hudson River as a youngster. He discovered his passion for boxing as a teenager. Braddock refined his skills as an amateur fighter and in 1926 entered the professional boxing circuit in the light heavyweight division. Braddock overwhelmed the competition, knocking out multiple opponents in the early rounds of most fights. As a top light heavyweight, he stood over six feet two inches, but seldom weighed over 180 pounds. But his powerful right hand was no match for opponents that weighed close to 220 pounds. His star was ascending. He earned a shot at the title in 1929. On the evening of July 18th 1929, Braddock entered the ring at Yankee Stadium to face Tommy Loughran for the coveted light heavyweight championship. Loghran avoided Braddock’s deadly right hand for 15 rounds and won by decision. Less than two months later the stock market crashed and the country plunged into the Great Depression. As thousands of banks failed and unemployment swept over the land like a plague, Braddock, like so many other millions of Americans lost everything. He labored to win fights so he could put food on the table for his wife and three young children. His career hit the skids as he lost sixteen of twenty-two fights and shattered his right hand landing a punch. As his boxing career spiraled downward, like the economy, he ended up working on the docks as a longshoreman. When even that job couldn’t feed his family, Jim swallowed his pride, hung up his boxing gloves and filed for government relief to help support his family. The strength, spirit and tenacity that had made him a contender were drained from his demeanor. He became just another down on his luck palooka struggling to survive during the Great Depression. Thanks to a last-minute cancellation by another boxer, Braddock’s longtime manager and friend, Joe Gould, offered him a chance to fill in for just one night and earn cash. The fight was against the number-two contender in the world, Corn Griffin, on the undercard of the heavyweight championship fight between Max Baer and Primo Carnera. Braddock stunned the boxing experts and fans with a third-round knockout of his formidable opponent. He believed that while his right hand was broken, he became more proficient with his left hand, improving his boxing ability. Over the next nine months he upset John Henry Lewis and Art Lasky to become an unlikely contender for the heavyweight title of the world. Braddock remembered the humiliation of having to accept government relief money and paid it all back with the prize money he earned from his fights. He also made frequent donations to various Catholic Worker Houses, including feeding homeless guests with his family. He never forgot where he came from. He was one of the common men. When his rags to riches story got out, renowned sportswriter Damon Runyon dubbed him “The Cinderella Man“, and before long Braddock came to represent the hopes and aspirations of the American public struggling during the Great Depression. The year was 1935, with the majority of Americans still facing a bleak daily existence. Max Baer, the heavyweight champion, had a reputation as a destructive puncher and possibly the hardest hitter of all time. He had killed a man in the ring in 1930. On the evening of June 13th 1935 at Madison Square Garden Braddock, an 8 to 1 underdog, entered the ring to face Baer. Jim knew he could beat Baer if he stayed away from his hammering right hand, and that’s just what he did. In an amazing feat of courage and determination, Braddock won the 15 round decision to become the new heavyweight champion of the world. It was considered one of the greatest upsets in boxing history. The “Cinderella Man” had fulfilled the dreams and hopes of the common people, giving them a reason to battle on through those tough times.
Damon Runyan described the event in newspapers across the country the next morning: Coming into the ring on the short end of the unheard-of price of 8 to 1 with even money he does not come out for the tenth round, and with his chances so little regarded that the crowd does not half fill the “graveyard of champions,” Braddock fights from the opening bell with the desperation of a man leading a forlorn hope. Brought back from Hasbeenville by the magic wave of the wand of sheer chance, after being such a down-and-outer that he had to go on relief in his home State of New Jersey at $24 per month to provide food for his wife and three children, James J. Braddock at 29 years of age suddenly finds himself occupying the pinnacle of the pugilistic heap, with an utterly new life before him. At the close of the fight, while the fighters are awaiting the announcement of the decision, the crowd begins filing out, knowing beforehand what the verdict will be, and so ends the fistic fairy tale, as all fairy tales should end, with the poor abused hero finding his pumpkins of failure turned into prancing white steeds of glittering success and his feet incased in the glass slippers of happiness, if you can follow all this twisted metaphor. Anyway, so ends the strange story of James J. Braddock “the Cinderella Man” of Fistiana. And you cannot match his story anywhere in the realm of the most fantastic fiction. Braddock lost his heavyweight title two years later in an 8 round KO to “The Brown Bomber”, Joe Louis. He retired after a final win over Tommy Farr in 1938. The beacon of hope for millions had done his part to revive the spirits of a country in crisis. And in true GI Generation fashion, at the age of 37, Jim and his manager both enlisted in the U.S. Army in 1942 where they became 1st Lieutenants. Upon his return, he helped construct the Verrazano Bridge, raising his family, and living out his life as a business owner, happily married to his wife Mae until the day he died in 1974. He was the epitome of everything noble, good, honorable and proud about this country. Trump – The Anti-Cinderella ManIt may seem like a reach to equate Donald Trump to James J. Braddock, but it really isn’t about the specific person. It’s about the mood of the country during tragically grim economic times and how average middle class (or former middle class) working Americans respond to the message and actions of celebrities they choose to follow or emulate. Their life stories couldn’t be more divergent. Braddock was born into poverty, had to work like a dog to gain a higher stature in life, always maintained a soft spoken humble nature, evoked sympathy and admiration for his rags to riches story, and ultimately inspired generations of Americans to experience a sense of redemption during the Great Depression through his boxing feats. Braddock was a man for his times. Donald Trump was born into wealth. He was born on third base, thinking he hit a triple. His is a story of riches to greater riches. His real estate developer father left him $100 million and the family business. To his credit, he turned the $100 million into billions. He’s been a deal maker and risk taker his entire life. He’s had spectacular successes and miserable failures. He has an ego the size of the Empire State Building. There isn’t a humble bone in his body. He’s brash, boisterous and prone to making outrageous declarations. His personality is more on par with Muhammed Ali’s among boxing legends. His is not a Cinderella story like Braddock’s. He is the anti-Cinderella man. Over the last year he has become the great last hope of the downtrodden middle class, as they struggle through their very own Greater Depression. This unlikely billionaire champion of the silent majority has defied all odds to become the Republican nominee for president, despite the scorn and ridicule of the GOP establishment, neo-cons, political pundits and both the right and left wing corporate media. He defeated more than a dozen GOP establishment lackeys who spent far more on their campaigns than he, with the largest primary vote tally in GOP history. Just as Braddock was considered washed up and a has been after losing sixteen of twenty two fights, Trump was considered a washed up reality TV parody of himself until he announced his intention to run for president. I, among millions of others, scoffed at him and thought it was nothing more than a publicity stunt to generate some new TV program. The press scoffed at the comeback of Braddock after he was given a new lease on life. Every time he prepared to fight a supposedly more talented opponent the odds makers and “experts” in the media expected him to get knocked out. But no one ever knocked him out and he defied the odds to earn a shot at the heavyweight championship of the world. The GOP establishment had crowned Jeb Bush the champion of their party, but Trump KO’d him in the 2nd round. He methodically knocked out the rest of his opponents on the way to the coming heavyweight championship fight in November against the hand-picked heavyweight contender of the political establishment, Wall Street, the fallacious corporate media, the military industrial complex, and the rest of the Deep State apparatus. Max Baer was a monster of a man and a killer in the ring. He looked down upon his opponent as out of his league. His smug know it all demeanor was evident to all. He was not loved by the common man. He was respected for his pugilistic talents, but he didn’t inspire the crowds to root for him. He brimmed with over-confidence and took his opponent lightly. He underestimated the amount of fight still left in Braddock. The “experts” all but guaranteed an overwhelming victory for Baer, likely a knockout in the 1st or 2nd round. Hillary Clinton is the ultimate Washington establishment insider, with a reputation as a killer. She’s been hand-picked to continue the policies put in place by the establishment to benefit the establishment. She is loved by no one. She inspires adoration from no one. She can barely fill an auditorium without paying people to attend. She never mingles with the peasants. She collects hundreds of millions from her Hollywood elite friends, Wall Street titans, Soros, Buffett, the House of Saud and the rest of the billionaire oligarch class. She stays above the fray, letting her handlers set the agenda and telling her what to do and say. She sees blacks, Hispanics, and the working poor as voting blocs – not as real human beings deserving of respect. Her thirst for power and control is sociopathic as she will stop at nothing to quench that thirst by being elevated to the throne of the presidency. And she’ll hit below the belt to achieve that victory. She openly despises and denigrates her opponent. She believes she is intellectually and morally superior to Trump and believed the political pundit “experts” who declared she would win in a landslide. Overconfidence, hubris and believing the press clippings from an overwhelmingly liberal media are coming home to roost with two months to go until the election. In the Baer – Braddock fight of the century, Baer came out firing looking for the knockout punch in the early rounds. But Braddock took his best shots and kept plugging away. Hillary and her corner men have spent over $120 million on negatives ads to Trump’s $20 million in the early rounds. Her 10% post-convention lead has dwindled to zero as Trump has taken her best punches and is still standing. As the bout entered the middle rounds Braddock took control and Baer began to tire. Braddock dominated the late stages of the fight and won in a unanimous decision as the crowd went wild and average Americans around country glued to their radios reveled in jubilation as one of their own became champion. As Hillary’s lies, deleted emails, selling influence through her crooked Clinton Foundation, smashing blackberries with hammers, and brain damage weigh her down, Trump keeps firing punches. Her stamina is in question. Other than CNN (Clinton News Network) and the rest of the Hillary cheerleading press, a large swath of the American people are questioning her honesty, competency, and health. The demoralized and subjugated silent majority are hopeful Trump can deliver them from a political establishment that threw them under the bus thirty years ago. We’ve entered the late rounds and Trump shows no signs of tiring or allowing Hillary to land any knockout blows. The odds maker “experts” like Nate Silver (who was 90% sure Trump wouldn’t win the GOP nomination) still have Hillary winning in a landslide. The candidate of the ruling class, who pledges to maintain the status quo, is not the change agent of the masses. A victory by Hillary would be a victory for Wall Street, billionaire oligarchs, neo-con warmongers, propaganda media outlets, and corporate cronyism. A Trump victory would boost the morale of a middle class that has been abused, denigrated, belittled, ignored, and taken advantage of by the ruling class for decades. The hopes and dreams of millions are riding on a victory by the anti-Cinderella man. His popularity rides on a sea of rightful resentment, anger, and fury at how the average American has been screwed by the ruling class (both parties) for decades. I have no illusions Donald Trump can single handedly reverse decades of bad policies, bad choices, bad government, bad politicians, and shamefully horrendous Federal Reserve monetary policies designed to impoverish millions through man made inflation and debt issuance. His election would be the upset of the century and spit in the eye of the establishment. It would lift the spirits of disillusioned, angry Americans experiencing depressionary economic conditions who want to take this country back from the vested interests. James J. Braddock lifted the morale of a nation in the midst of a Great Depression, but he lost the championship two years later as the Great Depression eventually led to the bloodiest conflict in word history. If Trump can win an upset victory in November, the initial surge of confidence and anticipation of game changing policy changes will shortly be replaced by the left hook of reality. Trump will likely be thwarted at every turn by the corrupt members of both parties. Debt will continue to pile up at a $1 trillion per year rate. Trump’s volatile nature will inflame passions both domestically and abroad. His election would not change the nature of politics in Washington, but could be the push which brings this teetering welfare/warfare empire of debt crashing down. The destruction of the existing social order is the only chance for real change and Donald Trump is the only person who could trigger that change. His pugilistic demeanor may come in handy as our country confronts the final bloody stages of this Fourth Turning. The climax year of the American Revolution happened in 1781. Almost like clockwork, the Civil War climax year of 1863 followed 82 years later. The Great Depression/World War II climax year of 1944 followed 81 years later. This would put the climax year of our current Fourth Turning around 2025, at the end of an eight year presidency of Clinton or Trump (both Prophet Generation leaders). The years leading toward the climax of a Fourth Turning have always been chaotic, dangerous and bloody. The core elements of debt, civic decay, and global disorder will accelerate the chain of events leading to the climax, whatever it may be. No matter who is elected in November, the next eight years will try men’s souls and the outcome for our country could be glory or destruction. The technology exists to extinguish all life on the planet and human nature does not change. All it would take would be human malevolence, disastrous decision making by flawed leaders, and some bad luck to destroy the world. Who do you trust to lead during the most dangerous period of this Fourth Turning? Our choices do matter. “Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of the channels is like trying to predict the exact fault line of an earthquake. All you know in advance is something about the molten ingredients of the climax, which could include the following:
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| The Global Economic Mess, Silver Mining and Chinchillas Posted: 05 Sep 2016 06:59 PM PDT from The Daily Bell:
Shawn Perger is based in Vancouver Canada and has worked in the international financial markets for 30 years with a primary focus on mining. For the last 15 years, he has worked with mainly silver companies in corporate finance and communications capacities. The Daily Bell: Let's start at the beginning for those who are new to Golden Arrow. Explain a bit more about what you do. Shawn Perger: I support mining companies, mainly in silver production. I am located in Vancouver, which is the center of junior resource exploration. It's afforded me great opportunities to meet and associate with some of the best people in the business and some of these companies have had tremendous success.
Golden Arrow is one such success than I am very proud of; I have been with the company going on four years since the first drilling was underway on the Chinchillas property our flagship. I came to the company because of the management team's proven expertise. They have a track record in discovering world-class mineral deposits. In fact, the promising Chinchillas property is their third economic discovery. The Daily Bell: Sum up the opportunity of Chinchillas and Silver Standard. Shawn Perger: Golden Arrow's Chinchillas deposit is one the world's newest and one of the largest primary silver deposits that is on a fast track to production with an agreement in place with the 7th largest primary silver producer, Silver Standard. That mining firm happens to be a short distance from our Chinchillas property, and they are excited about the promise of Chinchillas because their silver mining in the area has diminished. |
| Join GATA at the New Orleans conference in October because you can't lose Posted: 05 Sep 2016 06:28 PM PDT 9:28p ET Monday, September 5, 2016 Dear Friend of GATA and Gold: Will you join GATA Chairman Bill Murphy and your secretary/treasurer at the New Orleans Investment Conference in the last week of October? Conference director Brien Lundin notes in the letter below that you really can't lose. He guarantees that if, as a result of what you learn at the conference, you don't at least quadruple your registration fee, your fee will be refunded. ... Dispatch continues below ... ADVERTISEMENT Buy precious metals free of value-added tax throughout Europe Europe Silver Bullion is a fast-growing dealer sourcing its products from renowned mints, refiners, and distributors. Because of a legal loophole that will close soon, you can acquire the world's most popular bullion coins free of value-added tax throughout the European Union. You can collect your order in person at our headquarters in Tallinn, Estonia, or have it delivered in any of the 28 EU countries. Europe Silver Bullion is owned and operated by North American and European experts in selling, storing, and transporting precious metals. We have an extensive product inventory of silver, gold, platinum, and palladium, and our network spans the world. Visit us at www.europesilverbullion.com. Having participated in the conference for many years, GATA can say that nothing surpasses it for financial and political insight and, thanks to the city itself, plain old fun. I don't mean the cliched honky-tonkiness of Bourbon Street. (Anyone in the monetary metals sector learns early how to drink plenty just staying home.) I mean the history, geography, culture, climate, and of course the restaurants of the city. At this conference there is always so much to learn inside -- many of the speakers are GATA favorites -- and to explore outside. So please read Lundin's letter below and if you're persuaded to consider attending, use the link at the bottom of his letter to find out more about the conference and register for it. The conference has kindly offered GATA a commission for every GATA supporter who uses the link to register. Hoping to see you there. CHRIS POWELL, Secretary/Treasurer * * * Your Guarantee that You Can't Lose at the New Orleans Investment Conference By Brien Lundin Gold and silver are soaring. Negative interest rates are spreading across the world like a wildfire. The economy is slowing. Stocks are peaking while the presidential election promises to roil global markets. This is the riskiest -- and potentially most profitable -- investment opportunity in decades. And there's only one way to play it that guarantees a four-for-one profit. My message is simple: You can't afford to miss this opportunity. That's because the best place to be in a gold bull market is the New Orleans Investment Conference. More than four decades of history have proven this, time and time again. It's where the top metals and mining stock experts and most successful investors gather every year. It's where the most powerful investment strategies are detailed. It's where the hottest new opportunities are unveiled. And as I said, the results speak for themselves: The stock picks given out at the New Orleans Conference often multiply five, 10, even 20 or more times over after the event. How reliable and profitable are these results? Enough so that we can guarantee you'll quadruple your investment in the event ... or get your entire registration fee back. The only way you can lose is not attend. And there are plenty of reasons to come. With our amazing agenda this year, coupled with the remarkable turn the markets have made in our favor, you're going to learn more, profit more, and just have more fun than you could anywhere else. Don't cheat yourself -- click on the link below to learn why this year's New Orleans Conference is going to be the event of the decade: http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.h... Join GATA here: New Orleans Investment Conference Help 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 by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: 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: |
| Whats the difference between bullion and numismatic coins? Posted: 05 Sep 2016 06:07 PM PDT Perth Mint Blog. |
| Roberts and Embry interviewed by GoldSeek Radio Posted: 05 Sep 2016 06:06 PM PDT 9:05p ET Monday, September 5, 2016 Dear Friend of GATA and Gold: GoldSeek Radio's Chris Waltzek does excellent interviews this weekend with former U.S. Assistant Treasury Secretary Paul Craig Roberts and Sprott Asset Management's John Embry. Roberts blames gold's hesitancy on naked shorting in the futures markets by bullion banks working for central banks but he sees indications of strain on their scheme. Embry warns that most gold investors hold only paper claims that will not be made good in a pinch. The interviews can be heard at GoldSeek Radio here: http://news.goldseek.com/radio/1473134400.php CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata Join GATA here: New Orleans Investment Conference Help 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 by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: 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: |
| Son Of China's "Grand General" Reveals Reason Behind China's Capital Flight" Posted: 05 Sep 2016 04:28 PM PDT Over the past year, two recurring China-related themes have generated substantial media attention: the first is what we dubbed in early March, China's wave of bizarro M&A, or what passed for "China's most innovative capital outflow yet." As we explained then, in China's relentless eagerness to transfer funds and capital abroad (and thus, away from the domestic banking system which locals are well aware just how precarious it is), numerous Chinese corporations were engaged in seemingly idiotic deals with zero cost-discrimination, just so they had a legal basis to funnel cash abroad.
Which brings us to theme number two: when it comes to offshore M&A activity, nobody had come anywhere close to one of China's biggest conglomerates, Anbang Insurance Group. The relatively obscure Anbang is best known for two things: being the company which tried to buy Starwood Hotels, and pulled out in the last moment without providing a reason (as it turned out, it could not provide a legitimate source of funds). The other reason behind Anbang's fascination is because so very little is known about it. Actually, that is not exactly true: over the last few months, there have been several insightful exposes on the mysterious sources of cash behind Anbang's quiet facade, the latest such report coming from the NYT which last week posted a must-read two piece report on the conglomerate (we urge readers to skim both "Behind China's Anbang: Empty Offices and Obscure Names" and "A Chinese Mystery: Who Owns a Firm on a Global Shopping Spree?"). However, what especially attracted our attention was not so much the narrative of Anbang's cash provenance, but a tangent explaining why China's upper echelons are all so eager to quietly transfer their local funds and park them abroad, whether in Vancouver housing, in US corporations, or any of the other "8 Things The Chinese Are Scrambling To Buy In America." It was the following:
As a recent VOA interview with Luo Yu explains, he "has a special status. He is a princeling who knew Xi Jinping personally. His father was Luo Ruiqing, one of the ten Grand Generals (ranking lower than ten Marshalls but higher than other Generals) that China conferred in 1955, after the Chinese Communist Party (CCP) took over in China."
To be sure, If anyone is aware of the thinking behind the scenes of China's grand capital flight, especially among China's top power echelons, Yu is likely one of them. Which is disturbing, because what he told the NYT is that it is only a matter of time before China does what it tends to do every so often: have a revolution, and as such the oligarchs of the current regime are urgently moving their cash away from the mainland. And while they are able to circumvent with ease the traditional capital controls like China's limit of $50,000 in outbound cash, the bigger concern is that the broader population, which holds tens of trillions in deposits in China's banking system will likewise do the same, leading to the worst case scenario for China's banking system: a bank run. Finally, if the surge in capital outflows over the past year has been any indication, and if Yu is correct, the "collapse" which China's rich and powerful families are preparing for, appears to be getting perilously close. |
| UK Economy Post BrExit Boom, Bank of England, Treasury Economists, Journalists ALL WRONG! Posted: 05 Sep 2016 12:51 PM PDT Two months on from the BrExit economic collapse apocalypse prophecies a stream of economic data on the UK economy continues to paint a picture that is a the exact extreme opposite to that which the establishment and their vested interests painted both before and immediately after the EU referendum vote, one of recession or even economic collapse that many still blindly cling onto to this very day despite reality stating that the UK economy is literally soaring into the stratosphere by recording unprecedented gains across several measures for the month of August. |
| Deutsche Bank Tries To Explain Inability To Deliver Physical Gold Posted: 05 Sep 2016 06:55 AM PDT The debacle involving Deutsche Bank’s failure to deliver physical gold from the Xetra-Gold exchange traded commodity (ETC) continued on Friday after a press release from Deutsche Bank. Zero Hedge covered the “non-response” from the beleaguered German bank over the weekend: And so another non-response, because in the same press release Deutsche Bank both admits that it has an obligation to deliver the gold “as a matter of course”, and then tacitly confirms that it failed to do so, by first saying that it evaluates the “economic efficiency of physical delivery”, something it should have no right to do since the Xetra prospectus explicitly mandates that it should release gold on demand, and then adds that “should an investor’s request for the handover of physical gold not have been complied with immediately in individual cases, this will be reviewed and an individual solution will be found with the client.” |
| G20 Meets in China To Fight Anti-Globalism And Usher In New World Order Posted: 05 Sep 2016 06:33 AM PDT Members of the G20 countries are meeting in China this week with an expressed goal of “fighting anti-globalism sentiments”. You see, the global elites are rewriting the rules of the economy to help usher in a new world order that, as Zbigniew Brzezinski says, will now include Russia and China. This new globalist order is something for which they have no remorse because of their disloyalty to any one nation – or even to humanity as a whole. What’s more is they’ve shown their willingness to trash the dollar to attain that end. |
| Posted: 05 Sep 2016 03:00 AM PDT ShtfPlan |
| Breaking News And Best Of The Web Posted: 04 Sep 2016 05:37 PM PDT US jobs, factory orders disappoint, lowering odds of September rate hike and sending stocks, oil, gold higher. Japan preparing major new stimulus, Europe considering it. The war on cash heats up. Central bankers losing credibility while buying equities. Major shipping company collapses. Trump visits Mexico, confusing everyone. Clinton emails remain major problem. Best Of […] The post Breaking News And Best Of The Web appeared first on DollarCollapse.com. |
Here we go, ReadyNutrition Readers, with "Part 2" on the series on prepping your home turf for battle. In Part 1, we covered the things needed for those in a rural and suburban setting. Now we're going to focus our efforts on similar measures for those in densely-populated suburbs and cities. As you have probably deduced, combat operations in a city area and the preps for them have a whole host of different factors for you to consider. In the service, such operations were referred to as MOUT (Military Operations in Urban Terrain), and there are a number of military publications you can research online to cover such a broad topic.
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