The reports of massive drainage of Gold and Silver inventories are pouring in from around the world. Now do you understand why the Feds are attacking it so desperately? They need to stop the run before it forces the Comex and others into default! They are totally desperate now!
Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever [...]
Today a former Assistant Secretary of the US Treasury told King World News that the smash in gold and silver today was entirely orchestrated by the Federal Reserve. Former Assistant of the US Treasury, Dr. Paul Craig Roberts, also warned KWN that stocks of available physical gold are “rapidly declining.” Below is what Dr. Roberts had to say in this extraordinary and exclusive interview.
Eric King: “Dr. Roberts, we have this [...]
London Gold Market Report
from Adrian Ash, BullionVault
Tues 9 Apr, 08:55 EST
Strong Gold Demand in Asia “Should Offset” ETF Selling, But More Banks Slash Forecasts
The PRICE of GOLD and silver was little changed Tuesday morning near last week’s finish, while European stock markets rose but Japan’s Nikkei stalled its 5-day surge as the Yen bounced higher from 4-year lows on the currency market.
Silver prices ticked higher to $27.40 per ounce, while gold [...]
The reason I am giving you this warning is because if it looks like a duck , walks like a duck, and quacks like a duck, then it’s a duck. That Simple. I gave you all of that information above to prove to you that every U.S. bank in the entire world already has the procedures ready to go fullblown biometric(666 microchip). This same 666 biometric microchip is now a [...]
Sinclair, Farage, Roberts – Cyprus May Dwarf 2008 Collapse
Today legendary trader Jim Sinclair told King World News why Lagarde’s IMF Cyprus disaster may cause far more damage than the frightening turmoil the world witnessed during the collapse of 2008. Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, was also joined in this interview by Britain’s very popular MEP Nigel Farage, and [...]
Today a former Assistant Secretary of the US Treasury spoke with King World News about the crisis in Cyprus and warned that banks are now moving to enslave humanity. Former Assistant of the US Treasury, Dr. Paul Craig Roberts, also told KWN the people of Cyprus need to take to the streets and fight against this oppression. Below is what Dr. Roberts had to say in the second part of [...]
TRILLION DOLLAR BABIES
“Million dollar baby, Billion dollar baby, Zillion dollar baby, Trillion dollar baby.” — Alice Cooper, 1973
With the US Congress once again chomping at the bit to raise the limit on government borrowing, it has become exceedingly comical to watch as what was once the world’s leading economic power print, borrow, and spend its way down the path of failed states. For all their talk of scaling back Leviathan, Republicans in the House [...]
Legendary gold trader Jim Sinclair has sent an email alert to subscribers today stating that the Bundesbank’s announcement that they will repatriate 300 tons of gold from the NY Fed and 374 tons from the Bank of Paris is in direct response to outgoing Treasury Secretary Timothy Geithner’s take-down of gold at $1800 in October via the ESF.
Sinclair states that a Central Bank would not insult another major central bank unless it [...]
Can anyone explain these UCC filings for 14,300,000,000,000 which were filed in California and Maryland against the FEDERAL RESERVE SYSTEM AND OTHER GOVERNMENT ENTITIES?
The links are to the saved PDF copies of the original documents I discovered on the net and all three sets of UCC filings are related to the initial filing in San Jose California on July 28th of 2011 in favor of the United States Treasury 1789. [...]
We have a “legal” system operated by a half-caste treasonous gun runner, who reports to a half-caste foreign-born treasonous Communist.
Fast and furious treasonous killers hiding behind legalese bullshit telling YOU that you can’t have a weapon.
Fuck that corporation called the United States.
Join the country of the United States of America.
Tell those cocksuckers in the District of thieves to go to hell.
Stop sending “tax money” (that goes to the Queen [...]
Gold in Doesn’t-Beat-Stocks Shocker!
by Adrian Ash
Friday, 21 December 2012
Gold in 2012 is set to underperform the US stock market for the first time since 2004…
SO the WORLD DIDN’T END on the shortest day of 2012, as forecast by no-one beyond lazy journalists and internet frauds.
But the long bull market gold has choked its last. Or so some soothsayers claim.
Bloomberg: “Gold, [enjoying] its longest winning streak in at least nine decades, [...]
Washington — The Obama administration said Wednesday it will sell 200 million shares — or 40 percent of its remaining stake in General Motors Co. — back to the automaker and announced plans to completely exit the Detroit automaker by March 2014.
The Detroit automaker said it will purchase 200 million shares of GM stock held by Treasury for $5.5 billion — or $27.50 per share — nearly $2 above the stock’s closing price [...]
In 2006, when I began writing my book on the coming economic collapse, I didn’t know what the Fed would do regarding liquidity. At the time, whether the Fed would raise or lower interest rates was a soon-to-be multi-trillion dollar question.
In the past, central banks walked a tightrope between higher and lower interest rates. Raise rates too high and economies would slow and/or contract. Keep rates are too low and [...]
Under Fed Chairman Ben Bernanke, the Fed has been the great enabler of Washington’s fiscal excesses of the past few years. The Fed’s quantitative easing blurs the line between fiscal and monetary policies. The Fed may still be politically independent, but fiscal policy has become very dependent on the willingness of the Fed to purchase lots of government securities. A consolidated statement of the US Treasury and the Fed would show [...]
London Gold Market Report
from Adrian Ash
Friday 23 Nov, 08:25 EST
“Exciting Week” Ahead for Gold as Silver Hits 6-Week High, US Prepares $99Bn Bond Sale
The DOLLAR PRICE of physical gold rose back to $1734 per ounce in London on Friday morning, nearing the top of the last 5 weeks’ trading range as so-called “risk assets” also crept higher.
Asian and European stock markets were slightly stronger, while the single Euro currency pushed [...]
by Phoenix Capital Research
The Obama Administration has won its second term. And now that the election is over we can come to grips with the fact that nothing has been fixed and that the math is impossible both in Europe and here.
First and foremost, Greece is out of money… again.
The country is currently embroiled in a new 48 hour strike to protest the next wave of austerity measures which will [...]
Major Banks, Governmental Officials and Their Comrade Capitalists Targets of Spire Law Group, LLP’s Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion
to the United States Treasury
NEW YORK, Oct. 25, 2012 /PRNewswire via COMTEX/ — Spire Law Group, LLP’s national home owners’ lawsuit, pending in the venue where the “Banksters” control their $43 trillion racketeering scheme (New York) – known as the largest money laundering and racketeering lawsuit in [...]
Earlier today we casually wondered whether the US stands to lose more by supporting China or Japan in their escalating diplomatic spat, considering the threat of a US Treasury sell off is certainly not negligible, a dilemma complicated by the fact that as today’s TIC data indicated both nations own almost the same amount of US paper, just over $1.1 trillion. In a stunning turn of events, it appears that China has [...]
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Welcome to Capital Account. The US Treasury declined GM’s offer to buy back 200 million of the 500 million shares the US currently holds, according to the Wall Street Journal. In 2009 GM received a $50 billion dollar bailout from taxpayers. Now, GM executives upset over pay restrictions and the stigma of “Government Motors,” want to buy back shares at a price that would cause taxpayers to lose [...]
Jim welcomes back John Williams, Executive Editor of Shadow Government Statistics. John states his case that the US government can’t keep its commitments and remain solvent. According to a US Treasury report, the real national debt is not $16 trillion, but more like $86 trillion on a present value basis. John also points out that this year’s US budget deficit isn’t $1.3 trillion, but $5 trillion when calculated on a GAAP basis…
The LIBOR scandal started back in 2007 when a secretive branch of the US TREASURY – Exchange Stabilization Fund (ESF) used 7 trillion dollars of TBILLS to keep interest rates low.
This organization has absolutely no oversight, meaning they operate above/outside of the law.
Further, the US Government used JP Morgan as the ‘vehicle’ to get these financial instruments into the market place.
What is the bottom line? It has lead to an [...]
Right now, all eyes remain trained on Europe. If Germany were to overplay its hand within the eurozone, the common currency could collapse.
That would throw the $600 trillion derivative market into panic, threatening the viability of most of the Western world’s prime banks, commercial enterprises, and even governments.
Judged by recent experience, it would likely lead initially to a surge in the US dollar as investors sought perceived ‘safety.’ Indeed, foreigners [...]
Dr Webster Tarpley on problems & solutions – Infowars nightly news 2012-08-14
WW3 is imminent How do you stop a world recession/depression?
By going to war. The US is finding out now, just as the British people found out in the 1980s, that capitalism has no national allegiances – it will back stab whoever it well pleases if it makes a bigger profit.
No matter how much you provide incentives to it and try to [...]
I work in the inter-bank foreign exchange market. I have been there 15 years. Last week had surprisingly low volumes. It is August and a lot of folks in Europe go on vacations but the volumes are real low – lower than one would expect. The NYSE volumes were very low last week also so it is not just FX. Traders by nature are aggressive and not fearful types. If [...]
The US government has permitted its citizens to start donating money to Syria’s opposition, paving the way for direct help from US nationals to the rebel fighters.
The Syrian Support Group (SSG), a Washington-based organization closely connected to rebel forces, has been granted a license by the US Treasury to begin fundraising on behalf of the opposition.
The move allows the group to provide the rebels with “financial, communications, logistical services otherwise banned” by [...]
Aug 3, 2012
When we started reading the LA Times article reporting that “the federal government has quietly been completing an audit of U.S. gold stored at the New York Fed” we couldn’t help but wonder when the gotcha moment would appear. It was about 15 paragraphs in that we stumbled upon what we were waiting for: “The process involved about half a dozen employees of the Mint, the Treasury inspector general’s office and [...]
We previously observed that the US Treasury, under advisement of TBAC Chairman Matt Zames, who currently runs JPM’s CIO group in the aftermath of the London #FailWhale and who will become the next JPM CEO after Jamie Dimon decides he has had enough of competing with the Fed over just who it is that run the US capital markets, would soon commence issuing Floating Rate bonds (here andhere) as well as [...]
In June, the Congressional Budget Office (CBO) released its Alternative Fiscal Scenario (AFS) — the CBO’s projection of the government’s finances into the future. The projections are truly scary, but they received zero press coverage
How big is the fiscal gap?
Brace yourself. It’s $222 trillion large! In comparison, official debt in the public’s hands is only $11 trillion.
Treasury Admits It Underestimated Debt Needs, Predicts Ceiling Breach In 2012; $600 Billion [...]