Paul Craig Roberts: Washington Signals Dollar Deep Concerns!

• Paul Craig Roberts: Washington Signals Dollar Deep Concerns! 
  by http://www.paulcraigroberts.org/ 
  Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE).
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  Quantitative Easing is the term given to the Federal Reserve’s policy of printing 1,000 billion new dollars annually in order to finance the US budget deficit by purchasing US Treasury bonds and to keep the prices high of debt-related derivatives on the “banks too big to fail” (BTBF) balance sheets by purchasing mortgage-backed derivatives. Without QE, interest rates would be much higher, and values on the banks’ balance sheets would be much lower.
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  Quantitative Easing has been underway since December 2008.  During these 54 months, the Federal Reserve has created several trillion new dollars with which the Fed has monetized the same amount of debt.
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  One result of this policy is that most real US interest rates are negative. Another result is that the supply of dollars has outstripped the world’s demand for dollars.
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  These two results are the reason that the Federal Reserve’s policy of printing money with which to purchase Treasury bonds and mortgage backed derivatives threatens the dollar’s exchange value and, thus, the dollar’s role as world reserve currency.
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  To be the world reserve currency means that the dollar can be used to pay any and every country’s oil bills and trade deficit. The dollar is the medium of international payment.
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  This is very helpful to the US and is the main source of US power.  Because the dollar is the reserve currency, the US can cover its import costs and pay for its cost of operation simply by creating its own paper money.
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  If the dollar were not the reserve currency, Washington would not be able to finance its wars or continue to run large trade and budget deficits.  Therefore, protecting the exchange value of the dollar is Washington’s prime concern if it is to remain a superpower.
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  The threats to the dollar are alternative monies–currencies that are not being created in enormous quantities, gold and silver, and Bitcoins, a digital currency.
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  The Bitcoin threat was eliminated on May 17 when the Gestapo Department of Homeland Security seized Bitcoin’s accounts. The excuse was that Bitcoin had failed to register in keeping with the US Treasury’s anti-money laundering requirements.
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  Washington has stifled the threat from other currencies by convincing other large currencies to out-print the dollar.  Japan has complied, and the European Central Bank, though somewhat constrained by Germany, has entered the printing mode in order to bail out the private banks endangered by the “sovereign debt crisis.”
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  That leaves gold and silver. The enormous increase in the prices of gold and silver over the last decade convinced Washington that there are a number of miscreants who do not trust the dollar and whose numbers must not be permitted to increase.
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Andrew Maguire: This Key Level To Trigger Huge Central Bank Buying!

• Maguire – This Key Level To Trigger Huge Central Bank Buying! 
  by www.kingworldnews.com
  Whistleblower Andrew Maguire alerted King World News to a key level in the price of gold that will trigger massive central bank buying.  Maguire, who recently appeared in the extraordinary CBC production titled, “The Secret World of Gold,” also discussed a large sovereign order that was filled on Friday’s decline and whether or not gold has seen a bottom.  Here is what Maguire had to say in part three of his extraordinary written interview series.
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  Maguire:  “We had a large sovereign order in the market at $1,380 (area).  That was definitely filled today (Friday).  What we have today is an even more stretched managed money position holding the bag. This physical tonnage that is disappearing will have an effect on the paper market, and I think it’s going to have an effect fairly soon….
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Lindsey Williams: Planned Global Collapse in 12-18 Months? 15 May 2013

Click on image for article!

“Can a microscopic tag be implanted in a person’s body to track his every movement? There’s actual discussion about that. You will rule on that — mark my words — before your tenure is over. Can brain scans be used to determine whether a person’s inclined toward criminality or violent behaviour? You will rule on that.” – Senator Joe Biden(33rd degree Freemason?), 12 September 2005 John Roberts Chief Justice Confirmation Hearing

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GEAB N°75: Systemic Crisis 2013 – with Record Stock Exchange Highs, the Planet’s Imminent Plunge into Recession!

Global Leading Indicator (GLI), growth and acceleration. Source : Goldman Sachs.

• GEAB N°75 is available! Systemic crisis 2013: with record stock exchange highs, the planet’s imminent plunge into recession! 
  by http://www.leap2020.eu/
  Despite a feeling of relative calm given by both the media and the American and Japanese financial markets going from record to record, the world economy is slowing down badly and a widespread recession is looming. The various players are fully aware of it and, in the face of the challenges of an imminent collapse, countries or regions are putting various strategies in place to try and limit the consequences. Whilst some seem dictated by desperation or last chance solutions, others on the contrary bear witness to a real adaptation to the world’s current changes. And it’s no surprise that, in the first category, we find the “powers of the world before” which no longer have any real options.
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  Layout of the full article :
  1. World recession in sight
  2. The banks’ doubtful business
  3. Tax haven all hell
  4. Neo-protectionism between regional blocs
  5. Emerging nations’ strategy in gold
  6. The Fed’s last bullets
  7. Euroland : national unity governments and the ECB to the rescue
  8. High risk strategies
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  This public announcement contains chapters 1, 2 and 5.
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  World recession in sight
  In fact several signals show that a reversal in the economic situation is imminent. Indeed the term “reversal” isn’t very fitting since the real economy has never really recovered from the 2008 shock: it is, therefore, rather a worsening which we will see.
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  There is no shortage of indices for that. Europe is already in recession. Exports from China, often considered “the workshop of the world”, are falling heavily (see chart below) and the benchmark signals are contracting or slowing down dangerously (1) with, additionally, a major credit bubble (2).
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  Australia, which gives a good indication of the world economy’s health due to its exposure to raw materials, is struggling (3). Consumers are also marking time. US wholesale (4) and retail sales are on the decline.
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  The majority of US benchmark indices are swinging into the red, for example the Chicago PMI index (5), as well as the Goldman Sachs global index (see chart below).
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  In short, a world recession is on the horizon (6). To protect themselves from its impact, the different players, beginning with the banks, use different strategies which we will now analyse.
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  The bank’s doubtful business
  It goes without saying that the financial sector is hardly a model of transparency. But with JP Morgan or Bank of America which “miraculously” succeeded in not having a single day of first quarter trading losses (7), or further, JP Morgan’s gold reserves which have mysteriously emptied (8) whereas by a strange coincidence we saw a crash in the gold price in mid-April, without even mentioning the variety of manipulations effected by the top-tier banks, first and foremost JP Morgan (9) and others as well (10); these shady operations going increasingly unnoticed.
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  Nevertheless, all the banks know that a new storm is on the horizon and are using all the means at their disposal (more or less legal) to shelter themselves, and anything goes, including between the banks themselves. It’s in this light that it’s necessary to look at the various banks’ amazing first quarter balance sheets making it possible to draw in investors, or at least to defer the debacle, or the mid-April crash in the gold price clearly caused by one or more of these financial institutions.
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  These rough battles in the middle of a full economic upheaval will leave their mark and the weakest or most affected banks will not come through the storm undamaged, especially as the financial centres are now facing a new adversary, countries themselves.
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Retail sales in the US, 2005-2013. Source: Bloomberg.

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Andy Hoffman: Total Cartel CONTROL Over Media & Markets!

• Published on May 19, 2013
  Benghazi, Department of “Justice” Fast & Furious gun running, Justice Department tapping AP Journalist’s phones, IRS targeting Patriot groups and Constitutionalists – the crimes of our literally CRIMINAL government are now obvious to all. So now’s the time  the collective outrage of the American people will finally allow us to do something about it, and take our country back, right?  No so fast, says Andy Hoffman. The criminal cartel remains in control of the media and the markets – and if the past 40 years are any example, the American people are likely to do more of the same, Nothing.

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The Coming Collapse, Massive Global Debt & The Bernanke FedRes!

• Coming Collapse, Massive Global Debt & The Bernanke Fed! 
  by www.kingworldnews.com
  Today Egon von Greyerz wrote the following tremendous piece with accompanying charts.  King World News is extremely pleased to share this exclusive piece with our global readers.  Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in his outstanding piece. 
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  May 17 (King World News) – As precious metals investors worldwide are concerned about the correction in gold and silver let me tell you that you must not be.  The incredible concoction of debt, derivatives (that will never be repaid with normal money) and accelerating fiscal deficits in most countries will guarantee money printing in unlimited quantities….
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  “And Bernanke (and his successor) and fellow central bank heads will not disappoint.  The only important criterion in the job description of a central bank chief is that he/she is willing and able to print whatever is necessary and in the next few years that will most likely involve printing 100s of trillions of Dollars, Euros and Yen.
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Bill Murphy: Gold Cartel Will Collapse!!

Andrew Maguire: Bullion Banks Are About To Exploit Gold & Silver!

Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

• Once the Illuminist banksters acquire all the physical gold that they want, the final move in the price of gold will be exponentially higher! The implementation of their Luciferian New Financial System, One World Currency will be backed by gold. This will be the method by which the Illuminists get nations all over the world to accept their One World Currency! Ie. it will be as good as GOLD! All fiat currencies are going down the toilet bowl of currency debasement ie. hyperinflation! The endgame is microchipping with ’666′!
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• Andrew Maguire: Bullion Banks Are About To Exploit Gold & Silver! 
  by www.kingworldnews.com
  Today whistleblower Andrew Maguire told King World News how the major bullion banks are about to exploit the gold and silver markets.  Maguire, who recently appeared in the extraordinary CBC production titled, “The Secret World of Gold,” also discussed what key players such as hedge funds are doing with their own trading accounts right now.  Here is what Maguire had to say in part II of an extraordinary series of interviews to be released today.
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  Maguire:  “I see these lines crossing against both the official and bullion bank selling, and I see it crossing very soon.  That’s why I believe they (the bullion banks) are likely net long, having taken the other side of this hot (short hedge fund) money….
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Andrew Maguire: Physical Demand Shows Gold In Massive Bull Market !

Liberty Gold Coin

• Maguire – Physical Demand Shows Gold In Massive Bull Market! 
  by www.kingworldnews.com
  Today whistleblower Andrew Maguire told King World News that massive global physical demand reveals that gold is in fact in a full-fledged bull market.  Maguire, who recently appeared in the extraordinary CBC production titled, “The Secret World of Gold,” also spoke with KWN about what’s happening with GLD, bullion banks and the LBMA.  Here is what Maguire had to say in part I of an extraordinary series of interviews to be released today.
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  Maguire:  “Let’s take a minute now and take the blinkers off of this so-called ‘bear market’ in gold.  You cannot have a bear market when even the officially reported demand is surging to its highest levels in 18 months. On top of this official data we also know that wholesale demand is exponentially larger.  We see this by monitoring the less transparent daily wholesale market, and those outflows are not even recorded in this data….
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The World’s Central Banks Added To Their Gold Stockpiles Even As Prices Tumbled !

Gold tsunami wave is coming!

• IMO, many organizations that report gold demand figures are under reporting/estimating it considerably and deliberately. Ie. they are part of the Illuminist MSM in support of the Illuminist gold cartel. Gold is the #1 threat to the global monetary hegemony of the Illuminist banksters! Gold (and silver) are always under attack because when gold returns as money, the Illuminist banksters can no longer create money out of thin air to buy up the world, finance endless wars, manipulate prices, destabilize the world, attack nations, wage financial/economic wars …. etc. Gold is the stab at the heart of their Satanic Mammon power! (Figures below by the WGC are on the very low side IMO.)
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• The World’s Central Banks Added To Their Gold Stockpiles Even As Prices  Tumbled! 
  by Mamta Badkar, http://www.businessinsider.com/ 
  Gold prices are down about 12.5% since the start of April. But global central  banks have been increasing their reserves of the yellow metal. A new report from the World Gold Council shows that central  banks bout 109 tonnes of gold in the first quarter. This was the seventh straight quarter in which they purchased over 100 tonnes  of gold.
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  Central banks held 31,735.4 tonnes of gold as of May 2013. This was up from 31,694.8  tonnes as of April 2013. Gold entered a bear market during that quarter.  In the current quarter,  gold has gone from $1,603 on  April 1 to below  $1,400 today. 
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  According to the WGC, Russia and South Korea were among the biggest buyers of gold. “The price drop in April, fuelled by non-physical moves in the market, proved  to be the catalyst for a surge of buying that has left many retailers short of  stock and refineries introducing waiting lists for deliveries,” said Marcus  Grubb managing director at World Gold Council in a press release. “Putting this  into context, sales of bars and coins, jewelery and consumption in the  technology sector still make up 81% of the market.
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  “What these figures show is that even before the events of April, the fundamentals of the gold market remain robust with; growing demand in India and China, central banks consistently adding gold to their reserves and strong  buying of investment products such as gold bars and coins.”

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Gold Buying Frenzy Continues: China, Japan, And Australia Scramble For Physical !

Consumers cram in a gold jewellery shop in Nanjing, capital of east China’s Jiangsu Province, April 18, 2013. Gold jewellery shops through China have lowered price of gold jewellery due to the consecutive decline of gold price global markets recently, which boost sales in these shops. (Xinhua)

• Gold Buying Frenzy Continues: China, Japan, And Australia Scramble For Physical ! 
  by Tyler Durden, www.zerohedge.com
  We noted here that the plunge in the paper price of gold (and silver) had prompted considerable renewed demand for physical and now it seems the scramble among the “more stable investor base” is increasing. The shake out of ETFs and futures has left the Australian mint short of deliverables and Japanese and Chinese gold retailers seeing a “frenzied” surge in demand. The customers are not just the ‘rich’ or ‘elderly’; in China “they tend to wear water shoes and come directly from the market…;” in Australia, “the volume of business… is way in excess of double what we did last week,… there’s been people running through the gate,” and Japanese individual investors doubled gold purchases yesterday at Tokuriki Honten, the country’s second-largest retailer of the precious metal. The panic selling by a weaker ‘imminent inflation-based’ investor base has sparked physical shortages – “there’s been significant sales made as people see this as great value.” It seems our previous discussions of a rotation from paper to physical were correct and this physical demand will eventually leak back into the paper markets.
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  Australia (via The Age): 
  Gold sales from Perth Mint, which refines nearly all of the nation’s bullion, have surged after prices plunged, adding to signs that the metal’s slump to a two-year low is spurring increased demand.
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  “The volume of business that we’re putting through is way in excess of double what we did last week,” Treasurer Nigel Moffatt said, without giving precise figures. “There’s been people running through the gate.”
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  “There’s been significant sales made as people see this as great value,” Mr Moffatt said. “Gold owners are very reactive to significant market movements.”
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  The Perth Mint’s sales of gold coins climbed 49 per cent to 97,541 ounces in the three months ended March 31 from a year earlier
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  China (via China News):
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Premiums Soaring As Massive Run On Gold & Silver Continues!

• Premiums Soaring As Massive Run On Gold & Silver Continues! 
  by www.kingworldnews.com
  Today a legend in the business told King World News there is a continued massive run on physical gold and silver as premiums in Shanghai have now soared to a stunning level (see below) for physical gold.  Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about extraordinary situations unfolding at gold, silver, and art auctions in New York and Zurich, and what this means for investors.  Below is what Barron had to say in this remarkable interview.
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  “This is very symptomatic of what’s going on.  We see a lot of manipulation taking place in the gold and silver markets, but the big money is going for portable wealth, and they are doing that in the form of buying hard assets.  They are getting it out of dollars and other paper currencies, and they are putting it into tangibles, especially portable wealth.
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  What you are seeing in the gold and silver markets right now is preposterous.  We’ve seen the gold market smashed below $1,400 once again, and yet the premiums in Shanghai for physical gold will cost you $50 over the spot price.  It will cost you even more if you want physical gold in Vietnam right now. 
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US Dollar Collapse and Japan’s Sham Currency War: The Hidden Agenda Behind Japan’s Kamikaze Quantitative Easing!

• The endgame is a global economic, financial and currency collapse and WW3! The Anglo-American western Illuminati will not allow any nation to threaten their global currency hegemony. Out of this coming global meltdown, the Illuminists will launch their Luciferian New World Order, World Government, Global Supra-National Central Bank, One World Currency backed by gold –> ’666′!
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• US Dollar Collapse and Japan’s Sham Currency War: The Hidden Agenda Behind Japan’s Kamikaze Quantitative Easing! 
  by Matthias Chang, http://www.globalresearch.ca/
  US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy. These huge amounts of US$ toilet paper are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan.
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  If truth be told, the real value of the US$ would not be more than a dime and I am being really generous here, as even toilet paper has a value.
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  That the US dollar is still accepted in the financial markets (specifically by central banks) has nothing to do with it being a reserve currency, but rather that the US$ is backed/supported by the armed might and nuclear blackmail of the US Military-Industrial Complex. The nuclear blackmail of Iran is the best example following Iran’s decision to trade her crude in other currencies and gold instead of the US$ toilet paper.
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  If  the United States were not a military threat and a global bully that can blackmail with impunity the oil exporting countries in the Middle East, the global financial system which hinges on the US$ toilet paper would have collapsed a long time ago.
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  The issue is why has the US$ not collapsed as it should have by now? When we apply common sense and logic to the state of affairs, the answer is so simple and it is staring at you.
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  But, you have not been able to see the obvious because the global mass media, specifically the global financial mass media controlled mainly from London and New York, has created a smokescreen to hide the truth from you. Let’s analyse the situation in a step by step manner, and apply common sense.
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  1. The US is the world’s biggest debtor. The biggest creditors are China and Japan, followed by the oil exporting countries in the Middle East. With each passing day, the value of the US$ toilet paper is worth less and less. Like I said earlier, even toilet paper has some intrinsic value. It reaches zero value when everyone has to carry a wheelbarrow of US$ to purchase anything.
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  2. For the US$ toilet paper creditors, they cannot admit the fact that they have been conned by the global Too Big To Fail Banks (TBTFs) acting in concert with the FED and the Bank of England to accept US$ toilet papers. The central bankers of these countries have a reputation to preserve (not that there is in fact any reputation, for their so-called financial credibility is also part of the scam) and the political leaders that relied on them is in a bigger bind. How can the political leaders be so very stupid to trust these central bankers (who have stashed away in foreign tax havens huge US$ toilet papers as a reward for their complicity). This is the current state of affairs in plain English. They are having sleepless nights worrying if and when the citizens would wise up to this biggest con in history i.e. the promotion and acceptance of fiat currencies, the US$ being the ultimate fiat currency.
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  3. The global financial elites led by the FED know that this state of affairs is to their advantage and they are exploiting it to the hilt! They also know that no country or organisation has the military resources to threaten the US to stop this global ponzi scheme which has been going on since 1945 and intensified since 1971 when President Nixon de-coupled the US$ from gold. The pound sterling is another story but, it is not relevant for the purposes of this analysis.
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  4. Additionally, and as a result of the above-stated scam, countries were led to believe and to accept the false economic theory that export generated growth (GDP) should be the foundation of economic development, as the United States having limitless US$ toilet paper has the ability and the means to purchase the global exports, it being the largest consumer market in the world. In the result, the world’s factories and their workers, including those in the developed world such as France and Germany worked their butts off to be rewarded with US$ toilet paper whose value is less than the paper and ink that produce it! The financial frolic went on for more than forty years and came to an abrupt and foreseeable end in the 2008 global financial tsunami.
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“They are planning through the IMF to come up with a World Currency to replace the dollar because the dollar will be replaced you just can’t keep printing them forever …. They wanna come up with another currency controlled and ruled by the United Nations and IMF ! “ – Quote: Ron Paul, 12 Jan 2012 at South Carolina.

“Are we going to go another step further into INTERNATIONAL MONEY … are we gonna go toward a U.N./IMF STANDARD where they are going to control with the USE OF FORCE another fiat standard. That’s what many people are working for and I CONSIDER THAT A VERY DANGEROUS MOVE!” - Ron Paul

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Soros Reports Over $239M In Gold Positions, Buys $25M In Call Options On Juniors!

Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

• Soros Reports Over $239mm In Gold Positions, Buys $25mm In Call Options On Juniors! 
  by Tekoa Da Silva, http://bullmarketthinking.com/ 
  In a 13-F release issued by the SEC after market close yesterday, it was reported that Soros Fund Management LLC, founded and chaired by billionaire financier George Soros, significantly increased its gold related holdings, most notably, through the purchase of over $25 million dollars worth of call options on the GDXJ Junior Gold Miners index.
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  This stunning move by one of the world’s top performing hedge funds, suggests a powerful surge ahead for gold equities. It should be noted, that in the forty years prior to 2010, the Soros Fund averaged a 20% annual rate of return.
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  A breakdown of the 13-F data indicates that during the first quarter, the Soros Fund:
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  1. Maintained a $32mm stake in individual miners.
  2. Added a staggering 1.1 million shares of GDX to its holdings, at a reported price of $37.84 per share. Total Soros Fund GDX holdings now stand at 2.666 million shares, at a reported value of over $100,000,000.
  3. Reduced it’s long position in the GDXJ Junior Miners Index fund, from 1.998 million shares to 1.2 million shares—only to turn around, and purchase 1.510 million call options on the same index, at a reported value of $25,200,000.
  4. Lastly, the fund reduced its stake in the GLD gold fund from 600k shares to 530k shares, for a total reported value of $82,000,000.
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  In summary, as of May 15th, 2013, Soros Fund Management LLC reported owning over $239.2 million in gold related positioning, with over $25 million dedicated to call options on junior mining stocks.
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  Bottom Line: While debate continues as to how far gold and gold equities will continue to drop, the Soros Fund is lightening up on physical gold in exchange for gold mining equities and call options on the extremely volatile junior mining stocks.
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  There couldn’t be any stronger indication by the fund as to its beliefs about the timing of this bottom (outside of selling everything and going all-in on call options of course).
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  It remains to be seen whether these positions will end up in the green or not, but with a forty year track record of 20% annual returns, I’ll be betting on the Soros Fund.

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Lindsey Williams & Vinny Eastwood: Elite Not Ready To Collapse Economy YET ! (14 May 2013)