29 Oct 2012

Jesse Ventura Blasts The New World Order And The Sheeple

What Jesse has to say is spot on to our own practical experiences with local and national politics in the UK. It's the New World Order. His primary critical point that a vote for the main stream, in our case, (UK)  Labour, Conservative, or Liberal makes you part of the problem, seems to mark the line for sanity vs the ever decreasing circle that is flushing our lives away today and preparing our children for bondage in perpetuity. Join forces with your 'lives local' independent or stand yourself in your area. Either way, it's a walk in the park and around your own neighborhood, literally! Cool.

Memo to Central Banks: You’re debasing more than our currency

20121028-7John Mauldin shares a brief from Dylan Grice, which looks at how debasing the currency has far more implications that mere inflation. Note the timely quote of John Maynard Keynes which Americans ought to see as a klaxon sounding a dire warning.
I can only pass on Societe Generale’s work to you once in a while, but the piece for today’s Outside the Box is important enough that its author, Dylan Grice, worked hard to convince his bosses to let me share it with you. Dylan is one of my favorite investments analysts, as well as just an all-around nice guy.
In a change from his usual fun-loving demeanor, Dylan issues a serious warning here.
I am more worried than I have ever been about the clouds gathering today (which may be the most wonderful contrary indicator you could hope for...). I hope they pass without breaking, but I fear the defining feature of coming decades will be a Great Disorder of the sort which has defined past epochs and scarred whole generations….
So I keep wondering to myself, do our money-printing central banks and their cheerleaders understand the full consequences of the monetary debasement they continue to engineer?
He runs through some of the Great Debasements of the past, starting with third-century Rome, running through Europe’s medieval inflations and the French Revolution, to the monetary horror story of Weimar Germany in the 1920s. His key point is that inflations and hyperinflations don’t just hurt money, they hurt people and the societies they live in.

15,000 Tons Of Western Central Bankster Gold Is Gone - James Turk

Who Owns the World? Noam Chomsky on U.S.-Fueled Dangers, From Climate Change to Nuclear Weapons

NOAM CHOMSKY: When I was thinking about these remarks, I had two topics in mind, couldn't decide between them—actually pretty obvious ones. One topic is, what are the most important issues that we face? The second topic is, what issues are not being treated seriously—or at all—in the quadrennial frenzy now underway called an election? But I realized that there's no problem; it's not a hard choice: they're the same topic. And there are reasons for it, which are very significant in themselves. I'd like to return to that in a moment. But first a few words on the background, beginning with the announced title, "Who Owns the World?"

A Comedy Of Golden Bundesbank Errors

Follow this simple chronology of events: October 24, 2012 (source: Bundesbank pre-revision; courtesy of Google Cache) "The reasons for storing gold reserves with foreign partner central banks are historical since, at the time, gold at these trading centres was transferred to the Bundesbank. To be more specific: in October 1951 the Bank deutscher Länder, the Bundesbank’s predecessor, purchased its first gold for DM 2.5 million; that was 529 kilograms at the time. By 1956, the gold reserves had risen to DM 6.2 billion, or 1,328 tonnes; upon its foundation in 1957, the Bundesbank took over these reserves. No further gold was added until the 1970s."
October 28, 2012 (source: "Some Follow-Up Questions For The Bundesbank, And Its Gold" courtesy of Zero Hedge)
1. Thiele says:
"By 1956, the gold reserves had risen to DM 6.2 billion, or 1,328 tonnes; upon its foundation in 1957, the Bundesbank took over these reserves. No further gold was added until the 1970s"
This is factually incorrect.

What "Everybody Knows"

Dear Reader, Vedran Vuk here, I'll start by discussing a risk many don't consider very deeply – the trustworthiness of our personal money managers. While most of us are peeled to the screen watching the S&P 500 and gold prices, our greatest vulnerability might be those closest to us. Then, we'll have an article from Dennis Miller of Money Forever which warns of the vultures of inflation and taxes circling above. Finally, I have an interesting graph on gold miners and their short sellers.

Don't Be Like Leonard Cohen

By Vedran Vuk: I must apologize ahead of time for next week's issue. While it should be a good issue, it might not cover the latest financial news since I'll be making a trip to Austin, TX to see Leonard Cohen in concert on Thursday. If a financial apocalypse happens between Thursday night and Friday, I apologize now for not covering it.
In case some of our readers are too young to know of Leonard Cohen or perhaps missed out on some of his hits during the late '60s and '70s, here are a few videos of them: Suzanne; Famous Blue Raincoat; and here's a cover of his song made famous by the movie Shrek, Hallelujah. With Leonard Cohen, the appeal is mostly his lyrics. It's certainly not his voice, which Cohen himself admits is a failure. However, if you can still make it in the music world while having a bad voice, then that really says something about your quality of songwriting.
For example, here are some lines from his song Everybody Knows. Given our political and economic situation, they ring a bell today:
Everybody knows that the dice are loaded
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor, the rich get rich
That's how it goes
Everybody knows

QE4 And The Shocking Rise In The Cost Of Commodities - Gregory Mannarino

"Commodities are going to the moon!... life sustaining resources!"

Purpose of the Fed's QE3 is to control of every mortgaged property in U.S.

By Kenneth Schortgen Jr: On Oct. 25, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, spoke with Dr. Stan Monteith on the Liberty Radio program regarding the truth behind the Federal Reserve's new QE3 program to buy mortgage backed securities. This program, which intends to purchase at least $40 billion per month of toxic and non-toxic mortgages, is positioning the central bank to take control over every mortgaged property in the U.S..
Lindsey Williams: The most dastardly act that has ever been perpetrated on the American people in the history of this country probably took place on Sept. 13, 2012. You saw it in the national news, and everyone heard what Mr. Bernanke said, but very few realize the significance of what he was talking about when he said that the Federal Reserve, as of that day, would begin purchasing $40 billion in mortgage backed securities and Treasuries each month, indefinitely, from that point on.
After this announcement, Mr. Williams said he called his contact and confidante in the oil industry who has inside knowledge on what the new Fed QE policy intends to do for America.
LW: (To his contact by phone) I think there must be more behind this than what meets the eye, will you please answer some questions for me? He was more than happy to answer, and here are some of the questions that I asked.

Romania Wants Return of 93.4 tons as Gold Repatriation Ratchets Up

Romania wants its gold treasure back from Russia, a recent Bullion Street article says. It’s another signal of the accelerating trend of countries to repatriate their gold—and another indication that the tide is turning toward gold and silver.

Two railway carloads, or 93.4 tons of gold, were transferred to Russia as German troops began to threaten the region during World War I.  According to the article, “All the governments of Romania since World War I, regardless of their political colour, have tried unsuccessfully to negotiate a return of the gold.”
Of course, this is not the first time the Romanian people, or people of any region for that matter, have found their monetary metals tempting to foreign powers. Invaders sent by Roman Emperor Trajan found gold and silver in great quantities in the Western Carpathians, which run through what is now modern-day Romania. Resulting from this conquest, Trajan brought back to Rome over 165 tons of gold and 330 tons of silver.
It is interesting that considering this history independent auditors say Germany has stored its gold abroad since the Cold War in case of Soviet invasion. Additionally, the auditor’s report says the German gold stored in London has fallen "below 500 tons" due to recent sales and repatriation. Considering German gold stocks have remained the same, the sale of physical gold must have been offset by an acquisition of paper promising to pay gold from the Federal Reserve Bank or other entities needing a physical supply of gold.
One event that may have triggered a large-scale demand for physical delivery of gold was the repatriation of the 211 tons, or 17,000 standard 400-ounce bars, of Venezuelan gold.

'EU media silences debate on membership'

French politician and staunch anti-EU advocate François Asselineau talks about the trouble France's economy faces by staying in the Eurozone. Source

The Nazi Gulag Facility 'Israel' Conducts Air Strike On Sudan Missile Base In 'Dry Run' For Iran Attack

Tyler Durden's picture This past Wednesday, nobody reported that a squadron of 8 Israeli F-15 jets dropped 4 two-ton bombs on the giant Yarmouk missile factory on the outskirts of Sudan's capital Khartoum. Which is just as Israel wanted it. Because what otherwise would be a provocative incursion tantamount to war (if only Sudan wasn't a complete basket case of a country), was really nothing short of a dry-run for an Israeli attack on Iran. At least according to the Sunday Times. "A long-range Israeli bombing raid last week that was seen as a dry run for a forthcoming attack on Iran’s nuclear facilities has destroyed an Iranian-run plant making rockets and ballistic missiles in Sudan.... The raid, in which two people died, triggered panic across the city. Witnesses said they heard a series of loud blasts followed by the sound of ammunition exploding. “It was a double impact — the explosion at the factory and then the ammunition flying into the neighbourhood,” said Abd-al Ghadir Mohammed, 31, a resident. "The ground shook. Some homes were badly damaged." And... nobody cares. Here we leave it up to readers to imagine the epic horror, deep revulsion that would greet news that Iran had conducted a pre-emptive strike against Israel by blowing up a missile factory in Turkey, killing two innocent people, just to make sure it can.
A visual summary of the attack:

Fascist Canadian Association of Police Chiefs calls on native government bankster shills to approve U.S. Nazi-style internet surveillance

By Madison Ruppert: For those who think that certain countries are somehow immune to the sweeping cancer that is the total erosion of privacy and our most essential rights, that myth should be at least partially swept away by the fact that the Canadian Association of Police Chiefs is calling on the government there to pass a controversial internet surveillance bill.
Indeed, this trend very well could go global with the United Nations calling for worldwide internet surveillance and data retention laws, thus going far beyond the current system in place in the United States.
Unsurprisingly, the push is being carried out under the guise of fighting crime, evidenced by the arguments the president of the Canadian Association of Police Chiefs and Vancouver Police Chief Jim Chu.
Chu says that if the bill, known as Bill C-30, fails to be passed, “officers investigating criminal activity on cellphones and the internet will still have to get a warrant every time they want to intercept communications by cybercriminals,” according to the CBC.
“Law enforcement continues to be handcuffed by legislation introduced in 1975, the days of the rotary telephone,” said Chu.
This argument is almost identical to that used across the United States. The typical claim is that warrants take too long to obtain and that law enforcement is held back by the Constitution.