03:42 «…the corporate press is owned by one megaconglomerate. All of the financial institutions in the world are part of this scheme to rip off every single citizen in this planet.
4m50s: Gold backwardation… VERY VERY interesting, if gold cobasis goes positive (i.e. backwardation) then in theory one can make a profit by selling physical metal and buying a futures contract.
This encourages draining of physical metal from exchanges (like COMEX) and ETFs (like GLD). Look what’s been happening lately: http://www.24hgold.com/english/interactive_chart.aspx…REGISTERED&etfcodecom=GOLD
Abby Martin talks to Karen Hudes, former senior executive at the World Bank, about her experience blowing the whistle on the high level corruption within the international financial system and how her story was censored.
Tags: Criminals, Nbsp, Futures Contract, Hudes, Financial Institutions