Socio-Economics History Blog

Socio-Economics & History Commentary

Gerald Celente: Temple of The Bankers!

April 26, 2013 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , | Comments Off on Gerald Celente: Temple of The Bankers!

Hagel Claims Syrian Regime May Have Used Sarin, Ignores FSA Chemical Weapon Use!

MSM_Poison_Propaganda

Goebbels_Big_Lie2

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April 26, 2013 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on Hagel Claims Syrian Regime May Have Used Sarin, Ignores FSA Chemical Weapon Use!

George W. Bush Admitted To Planting Fake News Stories!

http://www.independent.co.uk/news/world/americas/bush-planted-fake-news-stories-on-american-tv-480172.html

Click on image to goto article!

CIA_PsyOps_Deception_William_Colby_Casey_James_Angleton

Goering

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April 26, 2013 Posted by | GeoPolitics, Social Trends | , , , , , , , , , | Comments Off on George W. Bush Admitted To Planting Fake News Stories!

Dr. Kevin Barrett: Holocaust History Denial – A Clear and Present Danger!

Do you really believe in all the Zionist propaganda about Auschwitz?

Do you really believe in all the Zionist propaganda about Auschwitz?

  • Holocaust History Denial: A Clear and Present Danger! 
    by Dr. Kevin Barrett, http://www.veteranstoday.com/ 
    I used to believe in “the Holocaust.”
    Not as a religion – I’ve never been to any of the museum-temples or made a pilgrimage to Auschwitz or pored over the sacred texts. And I never was stupid or crazy enough to accept the Holocaust as a valid excuse for the Zionist theft of Palestine.  (If the Holocaust had anything to do with Israel, then Israel would have been established in Germany – not Palestine.)

    In short, I believed in “the Holocaust” as history, because I assumed that 99% of Western academic historians can’t be wrong.

    I assumed that about six million Jews were exterminated by the Nazis in concentration camps, mostly in gas chambers, as part of a pre-planned effort to exterminate the Jews of Europe. As far as I knew, all of the reputable historians believed this. The handful of dissenters, I assumed, were cranks of one sort or another. And though I had met many Muslim academic colleagues who were Holocaust skeptics, I thought they were probably biased due to their anti-Zionism.

    Then in 2006, out of the blue, for no apparent reason, I was attacked on Wikipedia as a “holocaust denier.” In fact, I was a well-known skeptic about 9/11 – not the Holocaust. I knew next to nothing about the controversies surrounding the alleged gas chambers. Wikipedia claimed I was a supporter of David Irving, Mark Green, and Ernst Zundel. In fact, I had never heard of Green, and barely even knew the names of Irving and Zundel.  (I had spent most of the 1990s reading every French literary classic for my French Literature MA, then learning Arabic and studying Islam and Morocco for my Ph.D. while supporting my wife and two small children, so I wasn’t really paying attention to Holocaust-controversy news.)

    I tried to correct the erroneous information – which came from some crank’s personal website, and had never been checked, much less corroborated – along with the dozens of other derogatory factual errors, on my Wikipedia page. The corrections would always be removed, and the lies, reinstated, by the next day. Sometimes it happened in a matter of hours.

    This was enough to make me slightly paranoid. But as the hippies used to say, just because you’re paranoid doesn’t mean they aren’t out to get you. Somebody was trying to frame me as a “Holocaust denier” – presumably to damage my credibility on 9/11. Why would they do that?

    By 2010 or so, I finally got around to reading a few books about the Holocaust controversies. The first book I read was Denying History by Michael Shermer and Alex Grobman. It had been recommended as the best introduction to why the Holocaust deniers are wrong.

    Denying History blew my mind – but not in the way its authors presumably intended. It consists mostly of weak ad-hominem attacks against “Holocaust deniers.” Its arguments about the actual issues – the questions of pre-planned total extermination, cyanide gas chambers, and six million Jewish victims (or was that six million total victims?) – were not nearly as strong as I had expected. In fact, they were surprisingly flimsy.

    Shermer and Grobman admit that the keepers of the Auschwitz memorial suddenly decided, one day in 1989, to reduce the number of victims of that notorious camp from 4 million to “about one and one half million.” That is a lot of victims to vanish so suddenly.

    Shermer and Grobman claim that the suddenly-missing 2 1/2 million Auschwitz victims somehow magically re-appeared on the Eastern Front, where they turned out to have been shot down by German firing squads. This maneuver preserves the seemingly magical “six million” figure. But it raises some obvious questions about the reliability of the death counts. First, isn’t the mathematics of “subtract-two-and-one-half-million here, add two-and-one-half-million there” just a bit too convenient?  Second, what about the forensic evidence? How can the remains of 2 1/2 million human cadavers have suddenly moved from Auschwitz to the Eastern Front? And third – if the orthodox Holocaust historians were that wrong about Auschwitz prior to 1989, what else might they be wrong about?

    Shermer and Grobman downplay the issue of forensic evidence – because, it seems, there really isn’t a whole lot. Millions of people seem to have vanished without a trace. Instead, orthodox Holocaust historians rely on eyewitness accounts, not forensics, to establish the existence of mass-execution cyanide gas chambers and six million dead bodies. They say the bodies and skeletons were almost completely burned, so little or nothing remained. No point in looking for millions of bodies, you won’t find nearly enough. On that point, the skeptics and the orthodox historians agree.

    Denying History raised questions in my mind about the truth of what I had previously believed. It also, paradoxically, evoked my sympathy for the people the authors wanted me to despise. Just about all of them seemed like reasonably nice people. David Irving, Shermer and Grobman admitted, was a highly-qualified and accomplished historian who had suffered greatly, and even been imprisoned, for his sincerely-held scholarly opinions. David Cole, a young Jewish man led to “Holocaust denial” by his penchant for truth, had won a debate against the pro-Orthodoxy forces, including Shermer himself, on the Phil Donahue Show. The only way the forces of orthodoxy could win their debate with David Cole, it turned out, was by issuing death threats to terrify him into recanting.

    Shermer and Grobham made me like David Cole, feel sorry for him, and despise the JDL terrorists who threatened to kill him if he didn’t pretend to agree with them.

    Since Shermer and Grobman were such poor defenders of orthodoxy, I turned to Deborah Lipstadt, who had won a libel suit filed against her by David Irving. I assumed that anyone who could beat Irving in a history debate must have a rock-solid command of the facts. Her book Denying the Holocaust, I assumed, would put the deniers’ arguments to rest.

    As I turned the pages of Denying the Holocaust, my astonishment gradually turned to fury. The book has nothing to do with history. It is one long hysterical polemic in favor of the author’s utterly unexamined a priori belief system. Lipstadt’s book consists of 100% emotion, zero percent rational-empirical argument about historical fact. It is basically an endless chain of mindless ad-hominem insults against the “holocaust deniers.”

    If this was the best the defenders of Holocaust orthodoxy could do, maybe they didn’t have quite the airtight argument that I had assumed. At this point, my faith in Holocaust orthodoxy was somewhat shaken.

    Then one of my 9/11-skeptic acquaintances told me I should read Debating the Holocaust: A New Look at Both Sides by Thomas Dalton. I did – and found it was far better than the books by Shermer/Grobman and Lipstadt. Of course, it wasn’t really as neutral as the title sounded. Dalton obviously believed the holocaust skeptics had a better case than the keepers of orthodoxy. But at least he did try to elucidate the historical arguments, point by point. Though he did not convince me that the Holocaust skeptics were right, he successfully argued that the Holocaust controversy was a legitimate topic of historical debate.

    I invited Dalton to join me on the radio to debate two defenders of orthodoxy, Roberto Muehlenkamp and Andrew Mathis, on my radio show. (Read about the show here, and listen at http://www.americanfreedomradio.com/archive/Truth-Jihad-32k-042410.mp3 ).

    Then I met Nick Kollerstrom, author of the best book on 7/7, Terror on the Tube. Dr. Kollerstrom, a Ph.D. History of Science chemistry specialist, was expelled from his teaching post at University College of London simply for publishing a scholarly article evaluating the chemical evidence for the existence of homicidal gas chambers during World War II. Those who expelled him threw in gratuitous insults, but refused to make any effort to dispute the facts as laid out in the offending article.

    I got to know Nick, rambled all over London with him, and found I liked him and respected his intellect. His views were legitimate scholarly interpretations, not bigotry.

    These experiences have led me to conclude that the problem isn’t Holocaust denial – it’s Holocaust history denial (HHD). People like Deborah Lipstadt, and the other keepers of Holocaust orthodoxy, irrationally deny that the Holocaust is history, and therefore open to free and fearless rational-empirical debate. For them, the Holocaust is emotion-saturated sacred myth, not history.

    Western culture – not just a few keepers of orthodoxy – is suffering from HHD. Everywhere you go, it is denied that the Holocaust is just one unfortunate historical episode among others, and that the data can be interpreted and reinterpreted in a wide variety of ways. The sacred shibboleths – six million dead, cyanide gas chambers, and a pre-planned total extermination – are the new holy trinity. Anybody who doubts them isn’t just another revisionist historian, but a heretic.

    And the heretics are sent to prison, or have their careers destroyed, simply for writing or speaking about their interpretations of historical data.

    read more!
Above left: This was the plaque on display at the Auschwitz camp until 1989: note the "4 million" victims. Above right: This is the plaque currently on display at Auschwitz (2002) - note the suddenly reduced number of victims to 1.5 million - a casual reduction in the number of deaths by 2.5 million.

Above left: This was the plaque on display at the Auschwitz camp until 1989: note the “4 million” victims. Above right: This is the plaque currently on display at Auschwitz (2002) – note the suddenly reduced number of victims to 1.5 million – a casual reduction in the number of deaths by 2.5 million.

Auschwitz deaths reduced to 1 Million from 4 million stated since 1948 !

Auschwitz deaths reduced to 1 Million from 4 million stated since 1948 !

https://socioecohistory.wordpress.com/2010/09/04/hexagram-star-of-david-or-star-of-lucifer/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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April 26, 2013 Posted by | GeoPolitics, History, Social Trends | , , , , , , , | Comments Off on Dr. Kevin Barrett: Holocaust History Denial – A Clear and Present Danger!

Professor Ilan Pappe: When Israeli Denial of Palestinian Existence Becomes Genocidal !

https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

“In 2001, Dr. Ariella Oppenheim, of Hebrew University, a biologist, published the first extensive study of DNA and the origin of the Jews. Her research found that virtually all the Jews came from Khazar blood. Not only that but Oppenheim discovered that the Palestinians—the very people whom the Jews had been persecuting and ejecting from Israel’s land since 1948—had more Israelite blood than did the Jews. In sum, the vast majority of the Jews were not Jews; some of the Palestinians were. Some of the Palestinians even had a DNA chromosome which established that they were “Cohens”—workers at the ancient Temple and synagogues of the Jews.” – Quote

Shimon_Peres

  • When Israeli denial of Palestinian existence becomes genocidal! 
    by Ilan Pappe (Jew), The Electronic Intifada
    Sixty-five years on, Israeli President Shimon Peres still denies the existence of the indigenous population of Palestine.

    In a regal interview he gave the Israeli press on the eve of the state’s ” Independence Day,” Shimon Peres, the current president of Israel, said the following:

    “I remember how it all began. The whole state of Israel is a millimeter of the whole Middle East. A statistical error, barren and disappointing land, swamps in the north, desert in the south, two lakes, one dead and an overrated river. No natural resource apart from malaria. There was nothing here. And we now have the best agriculture in the world? This is a miracle: a land built by people” (Maariv, 14 April 2013).

    This fabricated narrative, voiced by Israel’s number one citizen and spokesman, highlights how much the historical narrative is part of the present reality. This presidential impunity sums up the reality on the eve of the 65th commemoration of the Nakba, the ethnic cleansing of historic Palestine. The disturbing fact of life, 65 years on, is not that the figurative head of the so-called Jewish state, and for that matter almost everyone in the newly-elected government and parliament, subscribe to such views. The worrying and challenging reality is the global immunity given to such impunity.

    Peres’ denial of the native Palestinians and his reselling in 2013 of the landless people mythology exposes the cognitive dissonance in which he lives: he denies the existence of approximately twelve million people living in and near to the country to which they belong. History shows that the human consequences are horrific and catastrophic when powerful people, heading powerful outfits such as a modern state, denied the existence of a people who are very much present.

    This denial was there at the beginning of Zionism and led to the ethnic cleansing in 1948. And it is there today, which may lead to similar disasters in the future — unless stopped immediately.

    Cognitive dissonance
    The perpetrators of the 1948 ethnic cleansing were the Zionist settlers who came to Palestine, like Polish-born Shimon Peres, before the Second World War. They denied the existence of the native people they encountered, who lived there for hundreds of years, if not more. The Zionists did not possess the power at the time to settle the cognitive dissonance they experienced: their conviction that the land was people-less despite the presence of so many native people there.

    They almost solved the dissonance when they expelled as many Palestinians as they could in 1948 — and were left with only a small minority of Palestinians within the Jewish state.

    But the Zionist greed for territory and ideological conviction that much more of Palestine was needed in order to have a viable Jewish state led to constant contemplations and eventually operations to enlarge the state.

    With the creation of “Greater Israel” following the conquest of the West Bank and Gaza in 1967, the dissonance returned. The solution however could not easily be resolved this time by the force of ethnic cleansing. The number of Palestinians was larger, their assertiveness and liberation movement were forcefully present on the ground, and even the most cynical and traditionally pro-Israel actors on the international scene recognized their existence.

    The dissonance was resolved in a different way. The land without people was any part of the greater Israel the state wished to Judaize in the pre-1967 boundaries or annex from the territories occupied in 1967. The land with people was in the Gaza Strip and some enclaves in the West Bank as well as inside Israel. The land without people is destined to expand incrementally in the future, causing the number of people to shrink as a direct consequence of this encroachment.

    Incremental ethnic cleansing
    This incremental ethnic cleansing is hard to notice unless one contextualizes it as a historical process. The noble attempt by the more conscientious individuals and groups in the West and inside Israel to focus on the here and now — when it comes to Israeli policies — is doomed to be weakened by the contemporary contextualization, not the historical one.

    Comparing Palestine to other places was always a problem. But with the murderous reality in Syria, Iraq and elsewhere, it becomes an even more serious challenge. The last closure, the last political arrest, the last assault, the last murder of a youth are horrific crimes, but pale in comparison to nearby or far-away killing fields and areas of colossal atrocities.

    read more!
http://www.democracynow.org/2013/1/29/the_gatekeepers_in_new_film_ex#.UQf8XvB8aRA.email

Click on image to goto video interview of director Dror Moreh!

“Shalom (Ex ShinBet chief) shocked viewers. He called Israeli occupation no different from Nazi occupied Europe.” – Quote

https://socioecohistory.wordpress.com/2010/05/06/is-the-star-of-david-a-jewish-or-biblical-symbol-or-an-occult-satanic-symbol/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards

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April 26, 2013 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , | Comments Off on Professor Ilan Pappe: When Israeli Denial of Palestinian Existence Becomes Genocidal !

SocGen Repeats $10,000 Target as Central Banks Buy Gold, ETFs Sell, Indian Dealers Run Out !

Gold_Angel

  • SocGen Repeats $10,000 Target as Central Banks Buy Gold, ETFs Sell, Indian Dealers Run Out – 25 April 2013! 
    by http://www.bullionvault.com/ 
    WHOLESALE PRICES to buy gold rose to an 8-session high just shy of $1450 per ounce in London trade Thursday morning, recovering 45% of this month’s near-record slump. Asian stock markets also ticked higher, but European shares were flat while commodities extended their rally.

    Silver prices were unchanged for the week so far at $23.30 per ounce. Gold priced in Sterling fell £10 per ounce from an 8-session high of £946 as the Pound jump on news that the UK avoided recession – growing just 0.3% – in the first quarter of 2013.

    “Gold is continuing [its] recovery,” says the daily comment from the commodities team at Germany’s Commerzbank. “Rate-cut speculation ahead of next week’s [Eurozone central bank] meeting – and the prospect of continued ultra-loose US monetary policy following more weak economic figures – are lending buoyancy to the gold price.”

    Investors who buy gold, writes Société Générale’s global strategist Albert Edwards in a new report, are making “a bet against central banks’ competency.” Given central banks’ track record, he adds – repeating his team’s forecast of $10,000 gold – “that’s certainly a bet I’d be happy to still take.”

    Money-creation leading to a surge in inflation is also the forecast from billionaire hedge-fund manager John Paulson, who reportedly told clients on a webinar Wednesday that he and his chief precious metals strategist – the highly respected former UBS analyst John Reade – are also “holding course” despite last week’s price crash.

    read more!

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April 26, 2013 Posted by | Economics | , , , , , , | Comments Off on SocGen Repeats $10,000 Target as Central Banks Buy Gold, ETFs Sell, Indian Dealers Run Out !

The FedRes’ Big Lie, Gold, Silver & The Reality Of Inflation!

Don't you see the Illuminist pyramid and Satanic capstone on your dollar bill?

Don’t you see the Illuminist pyramid and Satanic capstone on your dollar bill?

  • The Fed’s Big Lie, Gold, Silver & The Reality Of Inflation! 
    by www.kingworldnews.com
    On the heels of the Fed saying inflation is tame, today acclaimed money manager Stephen Leeb told King World News the that the Fed is lying and demonstrated the tremendous inflation the average family faces today vs the 1990s.  Leeb also spoke about gold and silver.  Below is what Leeb had to say in this powerful interview.

    Leeb: “The Fed is now talking about extending QE because they believe inflation has remained tame.  Well, that’s a shift because not too long ago they said they were going to cut back on QE and stop money printing altogether.

    Now, all of the sudden, with America still not recovering the Fed is trying to boost the confidence of consumers once again.  It says that we are going to need a great deal of money printing, but the problem is the money isn’t going to do a lot of good for the economy. I also take issue with their theory that inflation is tame.  What they are saying about inflation is so disingenuous and I’m getting sick and tired of it.  I spent most of this weekend taking a look at what it costs the average family for necessities in this country.  In other words, food prices….

    read more!

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April 26, 2013 Posted by | Economics | , , , , , , , | Comments Off on The FedRes’ Big Lie, Gold, Silver & The Reality Of Inflation!

Why is FEMA Planning ‘Zombie UFO Crash’ Disaster Exercise on 27 April 2013?

  • Revelation 9:5-6 New King James Version (NKJV) 
    5 And they were not given authority to kill them, but to torment them for five months. Their torment was like the torment of a scorpion when it strikes a man. 6 In those days men will seek death and will not find it; they will desire to die, and death will flee from them.
  • ‘Major deception of the last days… the (Satanic) priest told us … Master’s (Satan) Grand Plan for harvesting the nations/multitudes of the earth into his cause … Just before the close of the great controversy of the forces of good and evil … It is going to be done in a unique manner … people are going to eat this stuff … Spirits (demon spirits) will declare themselves to be inhabitants of far distant planets in the galaxies … coming to warn inhabitants of planet earth of the impending destruction of the planet … unless something is done to avoid it…’
    Roger Morneau, Ex Satanist

    2 Thessalonians 2:9-12 (New King James Version)
    9 The coming of the lawless one is according to the working of Satan, with all power, signs, and lying wonders, 10 and with all unrighteous deception among those who perish, because they did not receive the love of the truth, that they might be saved. 11 And for this reason God will send them strong delusion, that they should believe the lie, 12 that they all may be condemned who did not believe the truth but had pleasure in unrighteousness.
  • FEMA Planning ‘Zombie UFO Crash’ Disaster Exercise! 
    by Michael Allen, http://www.opposingviews.com/ 
    David Lory VanDerBeek, who is running for Governor in Nevada in 2014, recently posted a screenshot (below) from the FEMA website of a supposed Zombie UFO Crash Disaster full-scale exercise drill planned for April 27th, 2013, from 9:00am to 5:00pm.

    According to his website NevadaGovernor2014.com, the exercise was planned in Moscow, Idaho involving 100 participants. However, after VanDerBeek posted his article about the bizarre exercise, he claims that FEMA pulled the page down and replaced it with a statement that the information is now “only available to coalition members.”

    He then contacted Sandy Rollins, who was listed as the contact person for the drill event, with the following message:

    Because this drill is supported by federal funds paid by the taxes of the US people including the citizens of Nevada, you are required to provide the public with precise information about your activities in this drill. I expect you to respond within the week with an email with the detailed information regarding the two scenarios mentioned. I also expect the email and phone number of your immediate supervisor. Whether or not you cooperate, I will be reporting your response or lack thereof to the nation on my television show and youtube channel.

    Why is this important? Because it raises serious questions about what our government believes about the fundamentals of our human reality. Do the leaders of our nation believe in UFOs and zombies really? If so, what is their proof? They must have proof in order to spend money on drills? If they have proof, they must provide it to the general public? What is the threat? How imminent is it?

    VanDerBeek then wrote on his website: “Personally, I do not believe in UFOs or zombies and neither does anyone in the federal government. It is quite likely that our government has a created a bio-chemical weapon that can induce zombie-like behaviors in humans and therefore assist in a mass murder event to promote global depopulation without taking the blame.”

    Source: NevadaGovernor2014.com and FEMA.gov 
http://nevadagovernor2014.com/zombie-ufo-crash-disaster-full-scale-exercise-nevada-governor-2014-david-lory-vanderbeek/

Click on image to goto article!

http://web.archive.org/web/20130302232708/http://community.fema.gov/connect.ti/readynpm/view?objectid=1212582

Click on image to goto website!

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April 26, 2013 Posted by | GeoPolitics, Social Trends | , , , , , , , | 1 Comment

China Calls Planned U.S.-Japan Drills ‘Provocative’!

Senkaku islands

  • China Calls Planned U.S.-Japan Drills ‘Provocative’! 
    by , http://www.npr.org/, April 24, 2013 
    China says Japan’s decision to participate in joint military exercises with the United States will not dampen its resolve to defend its claim to a disputed island chain that has been a recurring source of tension between the Asian neighbors.

    In reference to the joint drills, planned for June, Chinese Foreign Ministry spokeswoman Hua Chunying said “foreign pressure” cannot sway China from protecting its territorial sovereignty in the East China Sea.

    “For any related provocative actions, the Chinese government will maintain a resolute response,” Hua was quoted by Reuters as saying during a regular media briefing.

    On Tuesday, patrol craft from the two countries squared off in a game of oceangoing chicken near the disputed islands, known by Japan as Senkaku and to China as Diaoyu.

    The Wall Street Journal from Tokyo that on Tuesday:
    “China sent eight maritime-patrol ships to the waters surrounding small East China Sea islands controlled by Tokyo but claimed by Beijing, saying it was responding to the ‘illegal entry’ of boats piloted by Japanese activists into its waters. The Chinese flotilla was the largest Beijing had sent to the area since September, when the current dispute flared up following Japan’s decision to nationalize the islands.”

    Foreign Policy magazine writes that “the Senkaku-Diaoyu Islands dispute has been marked by an increasing number of deliberate provocations on both sides: surveillance vessels enteringnearby waters, patrol planes making passes by the islands, scrambled fighter jets. These are planned actions, designed to incrementally heighten tensions. But the more fighter jets that get scrambled without good communications systems in place, the higher the chances that these deliberate moves escalate beyond what either Japan or China is anticipating.”

    As we’ve reported in the past, this particular dispute is just one of several in Asian waters that has placed China at odds with its maritime neighbors for decades and has even resulted in brief clashes on occasion.

    Reuters quotes U.S. Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey as telling reporters in Beijing on Wednesday on the last day of his trip to China that he had reminded Chinese officials of U.S. obligations to Japan.

    “Our position is that we don’t take a position on territorial issues. In the case of Japan in particular, however, I was careful to remind them that we do have certain treaty obligations with Japan that we would honor,” he said.

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April 26, 2013 Posted by | GeoPolitics | , , , | Comments Off on China Calls Planned U.S.-Japan Drills ‘Provocative’!

Nigel Farage: Eurocrats’ Cyprus Cash Grab a Template for Future Stealing!

April 26, 2013 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Nigel Farage: Eurocrats’ Cyprus Cash Grab a Template for Future Stealing!

Boston Bombing Facts & Fantasies: Tsarnaevs Felonious or Framed?

April 26, 2013 Posted by | GeoPolitics | , , , , , , , | Comments Off on Boston Bombing Facts & Fantasies: Tsarnaevs Felonious or Framed?

JPMorgan’s Eligible Gold Plummets 65% In 24 Hours To All Time Low!

JPMorgan_Eligible_Gold_Inventory

  • JPMorgan’s Eligible Gold Plummets 65% In 24 Hours To All Time Low! 
    by Tyler Durden, www.zerohedge.com
    We are confident that in the aftermath of our article from last night “Just What Is Going On With The Gold In JPMorgan’s Vault?” in which we showed the absolute devastation of “eligible” (aka commercial) gold warehoused in JPM’s vault just over the Manhattan bedrock at 1 Chase Manhattan Place (and also in the entire Comex vault network in the past month), we were not the only ones checking every five minutes for the Comex gold depository update for April 25. Moments ago we finally got it, and it’s a doozy. Because in just the past 24 hours, from April 24 to April 25, according to the Comex, JPM’s eligible gold plunged from 402.4K ounces to just 141.6K ounces, a drop of 65% in 24 hours,and  the lowest amount of eligible gold held at the vault on record, since its reopening in October 2010!

    Everyone has seen what a run on the bank looks like. Below is perhaps the best chart of what a “run on the vault” is.

    The absolute collapse in JPM’s eligible gold inventory, means total Comex eligible gold has fallen to just 5.8 million ounces, half of what it was in early 2011, and back to levels last seen in March 2009.

    read more!

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April 26, 2013 Posted by | Economics | , , | Comments Off on JPMorgan’s Eligible Gold Plummets 65% In 24 Hours To All Time Low!

COMEX Gold Inventory Continues to get the Hell Out of Dodge City!

Comex_Gold_Physical_Stock_Depletion-24April2013

  • COMEX Gold Inventory Continues to get the Hell out of Dodge City! 
    by Mark Lundeen, via http://harveyorgan.blogspot.com/ 
    Gold continues to exit from the COMEX storage facilities with no sign of slowing down. In the last five days 5% of the gold held at the COMEX has moved on to new locations. Let’s face it, it hasn’t been shipped to mints for fabrication into coins and bars to satisfy the public’s demand for gold. This could become the biggest story in the gold market if this continues.

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April 26, 2013 Posted by | Economics | , , | Comments Off on COMEX Gold Inventory Continues to get the Hell Out of Dodge City!

Shortages of Physical Gold Now a Global Phenomenon!

American-Eagle-Gold-Bullion-Coin

  • Shortages of physical gold now a global phenomenon! 
    by Lawrence Williams, http://www.mineweb.com/ 
    Momentum is continuing to build in gold bullion purchases as supply shortages and high premiums on physical metal are being reported all around the world. 

    Those who precipitated the recent fall in the gold price may have unleashed a beast that will put future efforts at market manipulation way out of their control.  Physical metal is now seemingly becoming key in investors’ minds.

    They are no longer putting any faith in paper gold and this is being seen in all quarters with reports from virtually all continents of demand exceeding supply of physical metal, and some hefty premiums being applied on sales of gold bullion.

    Add to this particularly strong demand from Asia – reports have put the volume of deliveries into the Shanghai exchange so far this year of over 1,000 tonnes as actually exceeding estimated new mine production over the period.

    Now whether this is indicative of actual Chinese demand, or perhaps a liquidation of gold held in the Western ETFs and it being moved into what might be deemed as safer depositories elsewhere is uncertain for the moment – although anecdotal evidence does suggest huge demand re-occurring at Chinese and Hong Kong retail outlets.

    That other hotbed of gold demand, India, has also seen a huge upturn in demand for physical metal over the last two weeks, while Middle Eastern souks are reportedly raising premiums on bullion to almost unprecedented levels.

    In terms of pure physical demand – as Ross Norman notes on http://www.sharpspixley.com there have already been reports of  “Dubai running short of physical, US Mint selling out of smaller denomination bars, coins and bars flying off the shelves in India and China and queues outside leading gold sellers such as Degussa in Germany. The effect has been a massive drawdown in physical metal which has, by and large, caught the gold refineries and some stockists by surprise.”

    Add to this that South Africa’s popular Krugerrand and Canada’s gold Maple Leaf coins finding difficulty in meeting current demand and you have the recipe for a big squeeze on physical gold supplies developing with ever higher premiums being applied – and as a result the gold price has already taken back around $100 of its losses over the period from April 10th to 16th, Indeed at the time of writing the price had recovered to a level last seen during the initial major collapse on April 12th.

    Thus immediate delivery of physical metal is hard to obtain, seemingly anywhere, premiums are rising rapidly and Goldman Sachs, perhaps cynically, is warning of a short squeeze developing on the gold markets.  Indeed reports also suggest that long held short positions in gold are being unwound rapidly against just such a scenario developing.  How many more indicators are there out there that we could be in for a strong and rapid bounce back in the gold price.

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April 26, 2013 Posted by | Economics | , , , , , , , , | Comments Off on Shortages of Physical Gold Now a Global Phenomenon!

Stunning & Massive Run On Physical Gold & Silver Continues!

Where's the gold??

Where’s the gold??

  • Stunning & Massive Run On Physical 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.  Keith Barron, who consults with major gold companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, spoke about this remarkable situation and what it means for investors.  Below is what Barron had to say in this extraordinary interview.

    Barron: “I was just asked by one of the major brokerage houses in Toronto to give a presentation on what has taken place in the gold market.  Many people inside the firm simply could not understand what happened with gold.  I told them what we had just witnessed was an orchestrated takedown. 

    If the Dow, Nasdaq, or the S&P had tumbled in the same manner as what the gold market experienced, there would have been trading curbs, enquiries would have been made, etc.  In contrast, all we saw in the gold futures market were more and more margin calls.  But what is cleaning up this mess right now is the enormous physical demand. We spoke last time on KWN about the tremendous demand at Scotia (Bank) in Canada and UBS in Switzerland, but the Japanese are coming in to the gold market in a shocking way right now….

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April 26, 2013 Posted by | Economics | , , , , , , , , , , | Comments Off on Stunning & Massive Run On Physical Gold & Silver Continues!