Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters
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The majority of people are sick of the status quo and feel they have been “abandoned by their leaders,” writes renowned physicist Stephen Hawking in a recent Guardian op-ed warning that the rise of Donald Trump and Britain’s Brexit vote come at “the most dangerous time in the history of the human race.”
Having previously referred to the president-elect as “a demagogue who seems to appeal to the lowest common denominator,”Hawking appears to blame the ignorance of the people for Trump’s victory…
“It was, everyone seems to agree, the moment when the forgotten spoke, finding their voices to reject the advice and guidance of experts and the elite everywhere.
“For me, the really concerning aspect of this is that now, more than at any time in our history, our species needs to work together,” he added.
As RT notes, Hawking says the world is facing crippling challenges, including climate change, food production, overpopulation, the decimation of other species, epidemic disease and acidification of the oceans.
There’s an old saying: “What’s sauce for the goose is sauce for the gander.” The meaning is obvious — if you insist on something for others, you have to be prepared to hold yourself to the same standard.
A version of that is playing out in Europe today. And right now the strongest signal is not coming from Germany — it’s coming from Italy. Italian banks are in deep financial distress (as were banks in Cyprus and Greece from 2011 to 2015). This involves the Banca Monte dei Paschi di Sienna (BMP), the world’s oldest bank still in operation, founded in 1472.
Monte Paschi’s trouble began in 2007 when it agreed to buy another Italian-based bank, Banca Antonveneta SpA. It offered 9 billion euros in an all-cash deal just as the global financial crisis was unfolding. The deal proved a disaster for Monte Paschi. It damaged its ability to withstand losses following the 2008 crisis.
Then investment bankers stepped in and sold Monte Paschi derivatives contracts that ended up hiding the bank’s surging losses from regulators. These deals only weakened the bank’s shaky finances.
“Move to Italy. They know about living in debt: They don’t care.”
– John Lydon
“Italians were eating with a knife and fork when the French were still eating each other.”
– Mario Batali
Italians are headed to the polls this Sunday (and thus this letter is reaching you a little earlier than usual) – but no one is quite sure what is on the ballot. On the surface, the voters are considering whether to approve constitutional reforms that should make the government operate more effectively (or not, depending on your point of view). But many people think the real question is whether the current government should stay in power and whether Italy should remain yoked to the Eurozone.
Let’s call 2016 the year of “fake news“, when scandalous, entertaining algorithm-based headlines helped usher in one of the biggest political upsets of all time in the US Presidential election. Coverage was driven by candidates’ sensationalized commentary, but missed capturing the real temperature across half of America. As The New York Times’ Jim Rutenberg wrote, “the news media by and large missed what was happening all around it, and it was the story of a lifetime.” Media became somewhat of a manipulation game that discouraged us from understanding the crux of the real news.
Online, aggregated viewpoints bombarded us on a personalized internet and rarely did we encounter a scenario that we have to disagree with. People were sick of the establishment, and forced themselves to be heard.
Investment investigator Gordon Dee Smith forecasted on Real Vision TV how the hyper-connectivity communication revolution can mean major consequences for the world of politics and business. Disparate rebels with an agenda can quickly form tribal affinity groups and emerge without warning, potentially taking down companies and governments, changing policy, shaping or even destroying careers, or bankrupting a company. We’ve witnessed it firsthand.
But this general populist backlash that we’re seeing now isn’t new. It was born out of the 2008 financial crisis. Many are still coming out of that debt burden and harbor a sense of deep resentment and suspicion. Wall Street knew what was taking place then, but like today, the media didn’t paint a full picture for everyone. As a result people lost their homes, their jobs and their life savings.
Nearly 10 years later, even after such a catastrophe and with more platforms for information delivery, finance is still treated like a backroom club or entertainment. The focus remains on headlines and groupthink when it should stand for so much more than that.
Fidel Castro died last week, giving the world — or at least those interested in truth — reason to remember the true horrors of communism. Dr. Yuri Maltsev, who visited as a former USSR economist, noted the horrific cost of Castro’s rise to power: “To enforce socialist slavery, more than a 100,000 were murdered and millions squeezed out.” While many in the media and many heads of state seem to prefer to overlook this brutal reality, as Brittany Hunter noted “Neglecting to acknowledge the strife endured by the Cuban people during Fidel Castro’s decades-long reign of terror is not only a disservice to the memory of those who suffered, it is also a disservice to history itself.”
A few weeks ago we wrote about “The Mysterious Case Of Jill Stein’s Surging Recount Costs.” Within that post we noted that each time Stein got close to reaching her stated fundraising goal, new costs would mysteriously surface causing her to raise her targets higher and higher. After starting with a total fundraising goal of just $2.5mm on November 24th, Stein’s fundraising target ballooned to $7.0mm by the very next day as funds poured in from disaffected Hillary supporters.
Now, as Jill approaches her latest $7mm target she has decided to move the goal posts once more by raising her “goal” to $9.5mm. Meanwhile, like in the past, Stein attributed the incremental cash needs to higher costs…this time courtesy of higher than expected recount fees from the state of Wisconsin.
As I keep emphasizing, Trump achieved two great things in his campaign for the presidency: he stopped Hillary Clinton from occupying the Oval Office, and he ran against big media, helping to further destroy its reputation.
From here on, we shall see.
How many compromises will the new president permit? How many will he seek?
To put it another way, how many covert victories will arch-Globalist David Rockefeller and his associates pile up? They are, of course, aware that Trump has promised to kick the can of Globalism down the road, stop the excesses of “free trade,” and bring stolen jobs back to America. What actions will they take against Trump?
Here’s a lesson from the past, about a president who put a brief dent in David Rockefeller’s master-plan. Let’s look at Richard Nixon and a different version of Watergate, the scandal that toppled him.
On the mega-corporate front, the plan for world control remains the Rockefeller template. “Free trade.” This plan was advanced, ceaselessly, for 40 years until, on January 1, 1995, the World Trade Organization was fully formed and took charge of criminal rules of global commerce: the crowning moment for global corporate predators. No more tariffs.
Antonin Scalia’s death reignited a long-running battle over the Supreme Court. Trump’s victory escalated it. Now unexpectedly on defense, Democrats are demanding any Trump nominee be what they consider “mainstream.”
Incoming Senate Minority Leader Charles Schumer has long led the mainstream mendacity. In 2007, he said any Bush nominee “must prove … they are in the mainstream rather than we have to prove that they are not.” Subsequent Democratic nominees, however, were simply defined as mainstream. Now he has switched course again, preemptively asserting any Trump nominee who fails to get Schumer’s imprimatur as mainstream could even merit consideration.
Why the mainstream rhetoric? To be in the mainstream sounds good; to be out of it sounds bad. But it rests on a distorting analogy.
The analogy equates mainstream to “normal” or current majority views, which are then further equated to “correct” views. But in choosing justices, whose primary role is preserving the Constitution against majority abuses, that equation fails. To recognize that, one need only remember the political choices the Constitution stringently restricted (particularly changing the Constitution), and the Bill of Rights put off-limits, to defend liberty against government encroachment.
Yesterday we noted that the recount process in Michigan had seemingly devolved into chaos after multiple state and federal lawsuits had been filed by several parties. In addition to the efforts of Stein and Trump to argue their case before the Election Commission, the Michigan Attorney General also filed a lawsuit alleging that “If allowed to proceed, the statewide hand recount could cost Michigan taxpayers millions of dollars and would put Michigan voters at risk of being disenfranchised in the electoral college.”
Now, after Trump was unsuccessful at getting the recount overturned with the Michigan Board of State Canvassers, both he and Stein have filed competing lawsuits in federal courts. According to The Hill, Trump is suing the Director of Elections Christopher Thomas and Michigan’s Board of State Canvassers alleging that “without immediate action by this court, Trump will continue to suffer irreparable injury.”
The US dollar rose more than 8.5% against the yen in November, and finally at the end of the month, speculators finally switched to a new short position for the first time this year.
In the CFTC reporting week ending November 28, speculators added 12.1k contracts to their gross short position, lifting it to 72.4k contracts. Speculators added a little less than one thousand contracts to the gross longs, which then stood at 72.1k contracts.
Since peaking in early October near 102k contracts, 30k gross long contracts have been liquidated. Over the same period, almost 40k contracts have been added to the gross short exposure. The result is that the net position is short about three hundred futures contracts. That leaves the Australian dollar as the only currency futures we track in which speculators are still net long. And even there they are back.
During the latest reporting period, speculators liquidated 8.7k long Aussie futures contracts, bringing the position down to 54.8k contracts. About 1.1k contracts were added to the gross short position, so it stood at 33.8k contracts. The net long position fell by a third to 21.0 contracts.
Former Gov. Sarah Palin has criticized President-elect Donald Trump’s deal with the Carrier, in which as reported previously the air conditioner company would not outsource 1,100 workers to Mexico in exchange for $7 million in tax incentives over 10 years, saying that it yet another example of “corporate welfare.” The harsh criticism of Trump’s economic policy comes as she is reportedly under consideration to serve as Trump’s secretary of Veterans Affairs.
Writing an op-ed in the Young Conservatives blog, Palin said that while he is excited for the Carrier employees whose jobs are staying in Indiana, saying the deal is “a relief for hundreds of workers… Merry Christmas Indiana!”, she then joins Bernie Sanders and other critics in vlasting the deal as “crony capitalism” and an example of the “hallmark of corruption” and “socialism“, adding the arrangement could set “inconsistent, unfair and illogical precedent.”
Suggesting that the Trump deal is a carryover from the Obama administration’s “crony” ways of doing business, Palin wrote that “when government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent. Then, special interests creep in and manipulate markets. Republicans oppose this, remember?”
“Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is on big fail.”
Palin then made a statement many conservatives and virtually all libertarians would agree with, saying that “however well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in churches, not in businesses.”
“I have in my possession a secret map, made in Germany by Hitler’s government — by the planners of the New World Order,” FDR told the nation in his Navy Day radio address of Oct. 27, 1941.
“It is a map of South America as Hitler proposes to reorganize it. The geographical experts of Berlin, however, have ruthlessly obliterated all the existing boundary lines … bringing the whole continent under their domination,” said Roosevelt. “This map makes clear the Nazi design not only against South America but against the United States as well.”
Our leader had another terrifying secret document, “made in Germany by Hitler’s government. …
“It is a plan to abolish all existing religions — Protestant, Catholic, Mohammedan, Hindu, Buddhist and Jewish alike. … In the place of the churches of our civilization, there is to be set up an international Nazi Church…
“In the place of the Bible, the words of ‘Mein Kampf’ will be imposed and enforced as Holy Writ. And in place of the cross of Christ will be put two symbols — the swastika and the naked sword. … A god of blood and iron will take the place of the God of love and mercy.”
The source of these astounding secret Nazi plans?
They were forgeries by British agents in New York operating under William Stephenson, Churchill’s “Man Called Intrepid,” whose assignment was to do whatever necessary to bring the U.S. into Britain’s war.
Under the cover of battling “fake news,” the mainstream U.S. news media and officialdom are taking aim at journalistic skepticism when it is directed at the pronouncements of the U.S. government and its allies.
One might have hoped that the alarm about “fake news” would remind major U.S. news outlets, such as The Washington Post and The New York Times, about the value of journalistic skepticism. However, instead, it seems to have done the opposite.
Author George Orwell
The idea of questioning the claims by the West’s officialdom now brings calumny down upon the heads of those who dare do it. “Truth” is being redefined as whatever the U.S. government, NATO and other Western interests say is true. Disagreement with the West’s “group thinks,” no matter how fact-based the dissent is, becomes “fake news.”
So, we have the case of Washington Post columnist David Ignatius having a starry-eyed interview with Richard Stengel, the State Department’s Undersecretary for Public Diplomacy, the principal arm of U.S. government propaganda.
What came to light as on odd discrepancy between GFMS’ Chinese gold demand and “apparent supply” has proven to be a tenacious cover-up by the oldest consultancy firm in the gold market. And not only does GFMS publish incomplete and misleading data on Chinese gold demand, all its supply and demand data is incomplete and misleading. As a result, the vast majority of investors across the globe has been brainwashed to believe total gold supply and demand mainly consists of global mine output and jewelry demand. In reality, the supply and demand data GFMS publishes is just the tip of the iceberg. But the firm is reluctant to admit this publicly, lest their business model would be severely damaged.
GFMS has denied all allegations about their incomplete Chinese gold demand statistics by continuously making up false arguments. Therefore, BullionStar will debunk, once more, such arguments spread by GFMS – which are supposed to explain how from January 2007 until September 2016 the difference between GFMS’ Chinese gold demand and apparent supply reached over 4,500 tonnes – in order to expose true Chinese gold demand.
Despite propaganda to the contrary, China’s rise will be the big story in 2017.
Stephen Leeb: “Gold is back in business and barring some unforeseen event should soon resume its uptrend. As I recently argued, anything bringing oil to the dance would do the trick, and OPEC’s agreement to cut production fits the bill.
Rumors circulating midweek that China planned to limit gold imports don’t alter this conclusion. They likely indicate an effort either to eliminate arbitrage (stemming from the fact that gold in China trades at a 10 percent premium to gold traded in the West) or talk gold down. China’s thinking on gold hasn’t changed, and the case for a near fantastical bull market in the monetary metal has moved closer…
Shortly after he launched two tweets to address the Taiwan Snafu on Friday evening, Trump concluded his night on Twitter by calling out another Indiana manufacturing company for planning to move 300 jobs to Mexico. “Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers. This is happening all over our country. No more!” Trump tweeted at 10:06pm on Friday.
The populist movement that has been sweeping across the Western world could cement its place in Italy this Sunday. Italian Prime Minister, Matteo Renzi, has introduced a constitutional referendum that would take away power from the Senate and the localities they represent, and give it to Matteo Renzi’s executive branch. Those who will vote “yes” believe that the referendum will allow the Italian government to pass much needed reforms without the gridlock the current layered government presents. The opponents of the referendum (“no” voters), led by the populist Five Star Movement, believe that it would give Renzi close to dictatorial powers.
The vote may seem innocuous to many outside of Italy, but it could have major implications for the stability of the entire world economy, specifically if the vote is “no”. The “no” voters have been consistently gaining momentum ever since the referendum was first introduced. Polls have been woefully wrong in the recent past, especially in the cases of Brexit and the US presidential election, but many still believe that the referendum will be rejected. A “no” vote would also continue the trend of populism in the West.
jessescrossroadscafe.blogspot.com / Jesse / 03 DECEMBER 2016
“An imbalance between rich and poor is the oldest and most fatal ailment of all republics.”
“And I’ll leave you with one set of numbers that I found today, which is just an absolute for this whole thing. In 2015, Wall Street Bonuses, not regular compensation, bonuses, seven years after they were bailed out with the public purse, totaled $29.4 billion dollars.
Total compensation paid to every single person in this country who makes minimum wage totaled $14 billion…
The era of neo-liberalism is over. The era of neo-nationalism has just begun.”
“There may be thunder in Europe but it is in America the lightning will fall.”
Update: According to AP, the sheriff says officials prepared to deal with up to 40 deaths in Oakland, California nightclub fire.
At least nine people were confirmed dead and 25 others are unaccounted for after a fire broke out during a rave at a “huge” warehouse in Oakland, California, local media reported on Saturday, according to city fire officials, cited by KTVU.
Obama was the “Yes, we can!” hope and change candidate that become the deep state elite’s presidential lackey. It was Obama’s choice to sell his political and personal soul in serving the globalists.
History has been somewhat hidden from the public but still in the open for those who take the time to look. The US went bankrupt in 1933 when Roosevelt declared the Bank Holiday. Its purpose was to eliminate any and all banking independence and give all control over to the Federal Reserve cartel. Every bankrupt entity has a bankruptcy judge to oversee the bankruptcy. That job went to the Secretary of the Treasury as agent for the globalists that took control over the United States.
Does anyone ever wonder why the Secretary of Treasury is always chosen from Goldman
Sachs? It is the banking arm for the globalists. As a bankrupt entity, the corporate United States has no choice and must bow to the dictates of the Treasury Secretary. Trump has no choice. This is one of the reasons why this country has constantly been under the War Powers Act since the 1930s. Under the War Powers Act, the Constitution is suspended, and the president “runs the country” by Executive Order.
2016 is shaping up as the year when countless conspiracy theories will be confirmed to be non-conspiracy fact: from central bank rigging of capital markets, to political rigging of elections, to media rigging of public sentiment, and now, commercial bank rigging of both silver and gold. In short, “tinfoil hat-wearing nutjobs living in their parents basement” were right all along.
An affidavit filed in October shed more light on the settlement process:
The negotiations with Deutsche Bank over the material terms of the Settlement took place over several months starting in December 2015 and continuing until the Deutsche Bank Settlement Agreement was executed on September 6, 2016.
Following initial phone calls with Deutsche Bank’s counsel in December 2015, Lowey and Grant & Eisenhofer engaged in lengthy negotiations with Deutsche Bank’s counsel over the material terms of the settlement, including the amount of the settlement consideration, the scope of the cooperation to be provided by the Deutsche Bank Defendants, the scope of the releases, and the circumstances under which the parties would have the right to terminate the settlement.
"Anyone who claims to stand for free markets, free trade, and limited government but who attempts to defend the existence or importance of the Federal Reserve or central banking is a liar. Either you support free markets and freedom of pricing or you support central bank price-fixing and creeping socialism. There is no third way or middle road — socialism and the free market are mutually incompatible. A little bit of socialism in the form of price-fixing is like a little bit of gangrene, if left unchecked it will eventually infect and kill the whole." - Paul-Martin Foss via The Mises Institute