Tuesday, October 22, 2019



Is It Time to Escape to Your Personal Alamo?


by Nick Giambruno, International Man:

Doug Casey, Jeff Thomas, and Nick Giambruno recently discussed a topic they all think about often—pulling the trigger and leaving your home country to sit out an economic or political crisis.

Nick Giambruno: It seems like each week there’s a new attack or mass shooting. Racial tensions are on the rise. Europe is experiencing a migrant crisis that’s tearing the continent apart.

There’s no doubt the world has become a crazier place in the past couple of years. Unfortunately, I think it’s only going to get worse.

At what point do you decide that conditions at home are likely to worsen and set up an escape route with the intention of moving to another country?

Doug Casey: The pot of envy and jealousy is being stirred up big time, and the implications for anyone with any amount of wealth are potentially dire. It doesn’t take much to turn widespread resentment into a wave of violence. As I’ve previously said, it’s time to eat the rich, and these days, anyone who isn’t poor is considered rich. This is why my mantra has been to not just diversify one’s assets and financial risks, but to diversify political risk. Political risk is actually greater than financial risk today. It may not be time to get out of Dodge quite yet. But if you don’t want to be left with grabbing a backpack and heading for the hills as your only option, it is absolutely time to be setting up second residences in places you’d enjoy going for an extended vacation while the global economy works through the coming liquidation of decades of stupid government economic policies. It’s going to get really, really ugly, and if you don’t prepare now, you’re going to get hurt.

Jeff Thomas: Quite so. I recently addressed this question in an article entitled “Three Strikes—You’re Out!” The article outlined the fact that, in the US, confiscation of wealth has been permitted under the 2010 Dodd-Frank Act, which allows banks to confiscate depositors’ funds. Confiscation of other property has been permitted under civil forfeiture law, which allows authorities to seize assets without even charging the individual with a crime.

Then, in December of 2016, the passage of the Countering Foreign Propaganda and Disinformation Act permitted the removal of freedom of speech if the individual’s statements disagree with “accepted truths.” To my mind, when a country has reached this stage, your days are numbered as a free person, and it’s best to plan to exit soon and probably for an extended period.

At this point, the US has reached the point at which, if I were an American, I wouldn’t trust living there any longer. But the US isn’t the only country that’s unravelling. For my own part, I’m a citizen of the European Union, yet I’m no longer prepared to live in any EU country. There are better choices.

Nick Giambruno: Most people have health insurance, life insurance, fire insurance, and car insurance. They hope they never have to use these things, but they still have them.

I call international diversification “freedom insurance.”

It’s about putting different parts of your life where they’re treated best. That way, you maximize your personal freedom and financial opportunities.

With that in mind, how would you choose where to live if your political or financial freedom at home were about to be completely snatched away?

Doug Casey: The question is, which of the world’s countries is “best”?

There are a lot of possible answers to that question, and they change over time. When my grandparents left the Old World, there was no question that the US was the best choice. I’m extremely happy they chose to move there and not act like potted plants, rooted to the soil where they were born.

But things change. For decades, America has been changing… in the wrong direction. There’s too much fear. Too much force. Too many taxes. Too much regulation. Too much debt. It’s become as homogenized as an endless field of genetically engineered Monsanto corn, and is becoming just as unpalatable. Paradoxically, it’s simultaneously subdividing into different cultural units. The system itself has become unstable.

I’ve been to 155 countries, many of them numerous times, and lived in ten of them. I see the world as my oyster. All that travel has given me the opportunity to make some interesting comparisons. Many places are actually more pleasant, safer, and more profitable for an American than the US. The same goes for Canada.

I ruled out Africa, which is where I would go if I were 30 years younger and I wanted to make a bunch of money. But as a lifestyle choice, it’s a nonstarter.

I ruled out most of Europe, though there are still some interesting places there, because it’s likely to be on the front lines of what may resemble World War 3, as well as the unfolding conflict with Islam. Plus, it’s overtaxed, overregulated, completely corrupt, and the population has an extremely socialistic mind-set. Further, all the European countries are members of organizations such as NATO, OECD, and the EU, which carry the potential to drag them into every fresh crisis that arises in that historically troubled region, the current dust-up with Russia being a good example.

I’m a big fan of Southeast Asia. The problem is that the region is full of people, which is fine if you want to live in a city, but I also like wide open spaces. And if you aren’t Thai or Chinese or whatever, they will never truly accept you into their society. They may treat you as an honored guest, but more likely as a white ghost; you’ll never truly integrate. That isn’t always a bad thing, but I like to at least have the option.

So that brings us to Latin America. I ruled out Central America because, frankly, it has no class… the land of the Frito Bandito and all that. I’ve been to every country in Latin America numerous times and I could talk about all of them at length, but by process of elimination, it basically boiled down to Argentina.

Of course, Argentina has problems, but regardless of the tremendously bad press it sometimes gets, it now has fewer problems than about any other place I can think of, and far more advantages.

Jeff Thomas: You can begin with what you think would be the order of choices based on what you know today. But you’d want to stay flexible. We can’t know how severe conditions will become, so you’d need to be ready to change the order around.

You may intend to sit the crisis out in, say, Medellín, but if a nuclear war breaks out and the air in the Northern Hemisphere becomes unlivable, the Southern Hemisphere operates on a different weather system and the two systems are independent of each other. So, you may suddenly decide to fly to Buenos Aires or some other destination in the Southern Hemisphere that you’d researched.

Ultimately, though, your last choice—your “Alamo”—would be the place that even if conditions were bad everywhere in the world, the population there has a history of pulling together in the tough times, and they don’t hate foreigners. In any locale, the standard of living may decrease, but, as long as your basic needs can be met and the people are historically self-reliant, the quality of life could remain high.

Nick Giambruno: After you settle on one or two places that would offer you and your family a freer, more promising future—and set up a way to live there—you face a second choice. When is it time to wave goodbye to your current home and actually get on the plane?

Jeff Thomas: That’s a very pertinent question and one that even many people who have prepared one or more alternative residences haven’t truly addressed. They tend to say, “I know where I’ll be going; I’m as ready as I need to be.” And they’re not. They need to have a planned trigger for exiting.

I liken this to investments. If you know that at some point in the future the value of a stock is going to drop, you place a stop on it. If and when the price drops below the stop you’ve set, your broker automatically sells it.

This does two things: First, it forces you to establish a value below which you don’t wish to own it. But it also removes the indecision and emotion that come into play as the stock declines. Placing the stop in advance assures that you sell automatically. The same is needed when deciding when to leave a place that, at one time, had been a good home. The emotion attached to the concept of “home” is going to be responsible for locking in countless people during the coming crisis. They’ll fail to pull the trigger just as so many German Jews did in 1938. When they do decide to pull the trigger, it will be too late. By that time, more controls (migration controls, capital controls, etc.) will be in place and, in addition, many target countries may have already closed their doors to exiting people, just as they did in 1939.

Doug Casey: It’s not going to go well for libertarians, classical liberals, old-line conservatives, individualists, freethinkers, non-conformists, people who subscribe to letters like this or cruise suspicious websites, or gamma rats, generally. It was a dangerous environment for these types (not to mention those of Japanese or German descent and members of various religious groups) during America’s past crises. When the chimpanzees are hooting and panting, you’d better join them, or they’ll start wondering why not. Even H.L. Mencken dared not say anything controversial during either World War.

read More @ InternationalMan.com

High-Profile Sectors Start To Roll Over


by John Rubino, Dollar Collpase:

Long credit cycles like the current one always end with a crash. But first they deteriorate. The headline numbers remain positive while under the surface a growing list of sectors start to falter. It’s only when the latter reach a critical mass that market psychology turns dark.

How far along is this process today? Pretty far, it seems, as some high-profile industries roll over:

‘Deep’ Subprime Car Loans Hit Crisis-Era Milestone

(Bloomberg) – Amid all the reflection on the 10-year anniversary of the start of the subprime loan crisis, here’s a throwback that investors could probably do without.

There’s a section of the auto-loan market — known in industry parlance as deep subprime — where delinquency rates have ticked up to levels last seen in 2007, according to data compiled by credit reporting bureau Equifax.

“Performance of recent deep subprime vintages is awful,” Equifax said in a slide show on second-quarter credit trends.

Analysts have been warning for years that subprime car loans pose a threat to lenders as delinquency rates have edged higher since reaching a post-recession low in 2012. But it wasn’t until last quarter that the least creditworthy borrowers started to show the kinds of late payment profiles that accompanied the start of the financial crisis.

“We’re seeing an increase in delinquencies across all credit scores, but in deep subprime, the rise is more substantial. What stood out to me was the issuers. Those that have been doing this for a decade or more were showing the ‘better’ performance, while those that were relative newcomers were in the ‘worse’ category.”

Used Car Prices Crash To Lowest Level Since 2009 Amid Glut Of Off-Lease Supply

(Zero Hedge) – The U.S. auto market is at an interesting crossroads with used car prices crashing to new lows every month while new car prices continue to defy gravity courtesy of a somewhat ‘frothy’, if not suicidal, lending market that has seemingly decided that anyone with a pulse is financially qualified for a $0 down, 0{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} interest, 80 month loan on a brand new $40,000 luxury vehicle of their choice.

As the Labor Department’s consumer-price index data showed last Friday, used car prices once again dropped in July to the lowest level since the ‘great recession’ of 2009. In fact, since the end of 2015, the cost of used vehicles has dropped in all but three months and are now roughly 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} off their 2013 high.

Junk Bonds Slump as Morgan Stanley Sees a Bigger Unwind Ahead

(Bloomberg) – It could be the beginning of the end for an 18-month rally in junk bonds.

A high-yield bond fund run by BlackRock Inc. slumped on Thursday to its lowest level since March, a day after Morgan Stanley warned a correction may already be underway. The cost of protecting speculative-grade bonds against default in the credit-default swap market climbed to its highest level since July 6. Investors demanded the most extra yield in almost a month to buy junk debt, according to a Bloomberg Barclays index fixed late Wednesday.

Morgan Stanley added its voice to a growing chorus of skepticism surrounding debt valuations, with Pacific Investment Management Co. writing in a report released Wednesday that investors should pare relatively expensive assets like corporate bonds in favor of safer investments like Treasuries. Echoing that view, T. Rowe Price Group Inc.’s Sebastien Page, head of asset allocation, said “everything is expensive.”

Read More @ DollarCollapse.com

Americans are Rapidly Descending Into Madness


by Michael Krieger, Liberty Blitzkrieg:

I don’t live in an echo chamber, partly because there aren’t enough people out there who think like me, but also because I constantly and intentionally attempt to challenge my worldview by reading stuff from all over the political map. I ingest as much as I can from a wide variety of intelligent sources, picking and choosing what makes sense to me, and then synthesizing it the best I can.

Though I’m certainly grounded in certain key principles, my perspective on specific issues remains malleable as I take in additional information and perspectives. I try to accept and acknowledge my own ignorance and view life as a journey of constant mental, emotionally and spiritual growth. If I’m not growing my capacity in all of those realms until the day I die, I’m doing it wrong. Life should be seen as a battle against one’s own ignorance, as opposed to an obsession with the ignorance of others. You can’t legislate morality, nor can you legislate wisdom. The only way the world will improve on a long-term sustainable basis is if more of us get wise. That’s a personal journey and it’s our individual duty to accept it.

While I’m only in control of my own behavior, this doesn’t mean that the behavior of others is irrelevant to my life. Unfortunately, what I see happening to the population of America right now seems very troublesome and foreboding. What I’m witnessing across the board is hordes of people increasingly separating themselves into weird, unthinking cults. Something appears to have snapped in our collective consciousness, and many individuals I used to respect (on both sides of the political spectrum) are becoming disturbingly polarized and hysterical. People are rapidly morphing into radicalized mental patients.

What’s worse, this environment is providing a backdrop for the most destructive people of my lifetime — neoconservatives and neo liberals — to preen around on corporate media as “the voices of reason.” This is one of the most perverse and dangerous side-effects of the current political climate. As I noted earlier today on Twitter:

If in your disgust with Trump, you’re willing to run into the cold embrace of these destroyers of the middle class and the Middle East, you’ll get what you deserve. In contrast, if we really want to deal with our very real and very systemic problems, the last thing we need is a population-level mental breakdown that leads to a longing for the criminally destructive political status quo, yet that’s exactly what seems to be happening.

Ok fine, so everything seems to be rapidly collapsing, but what are we supposed to do? First of all, don’t lose your minds.

As I suggested in February’s post, Why Increased Consciousness is the Only Path Forward:

As noted earlier, Wilber thinks 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} is a key tipping point. In other words, if we can get 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the population to center around a yellow second-tier level of thought, which consists of a momentous leap in consciousness, the entire world will change for the better. I agree. I’m not here trying to sell you a seminar on how to expand your consciousness; rather, I think these article can help spark some sort of revelation in the minds of many of you who are already at yellow, or at least at the cusp of such a transformation. Since consciousness can and does regress under conditions of stress and fear, it’s extremely important to be conscious of your consciousness so that you don’t fall back into lower states.

Unfortunately, I see many people regressing at the moment, and I see the media as an intentional force in trying to get people to lower their consciousness. A perfect way to tell if someone is operating at a low level of consciousness is if they’re constantly placing tens of millions of their fellow citizens into an outside group they subsequently demonize. It’s perfectly fine and healthy to harshly criticize the system itself and the many powerful individuals doing awful things within it, but once you start dehumanizing large swaths of the population as a matter of your worldview, you are most certainly on a very counterproductive path that will lead to merely a blackhole of nothingness for society.

Beyond maintaining one’s sanity, it’s imperative that conscious humans create systems and communities that have as little connection as possible to the existing and rapidly disintegrating paradigm. This will create “anti-fragile” units of strength within the collapsing Potemkin village socio-economic structure that dominates our culture right now. Some of these projects need to be local, while others can be global. Community farming/food production is a great example of a local initiative, while Bitcoin (and cryptocurrencies in general), represent global initiatives to replace the hopelessly corrupt and archaic entrenched financial system. While crazy, power-obsessed tribes focus on taking over the hopelessly corrupt centralized government in Washington D.C., we need to continue to build separate, decentralized paradigms — and there isn’t much time to waste.

Read More @ LibertyBlitzkrieg.com

If We Erase Our History, Who Are We?


by Patrick J. Buchanan, Lew Rockwell:

When the Dodge Charger of 20-year-old Nazi sympathizer James Alex Fields Jr., plunged into that crowd of protesters Saturday, killing 32-year-old Heather Heyer, Fields put Charlottesville on the map of modernity alongside Ferguson.

Before Fields ran down the protesters, and then backed up, running down more, what was happening seemed but a bloody brawl between extremists on both sides of the issue of whether Robert E. Lee’s statue should be removed from Emancipation Park, formerly Lee Park.

With Heyer’s death, the brawl was elevated to a moral issue. And President Donald Trump’s initial failure to denounce the neo-Nazi and Klan presence was declared a moral failure.

How did we get here, and where are we going?

In June of 2015, 21-year-old Dylann Roof gunned down nine Christians at an evening Bible study in Charleston’s Emanuel AME Church. A review of Roof’s selfies and website showed him posing with the Confederate battle flag.

Gov. Nikki Haley, five years in office, instantly pivoted and called for removal of the battle flag from the Confederate war memorial on the State House grounds, as a “deeply offensive symbol of a brutally offensive past.”

This ignited a national clamor to purge all statues that lionize Confederate soldiers and statesmen.

In Maryland, demands have come for removing statues and busts of Chief Justice Roger Taney, the author of the Dred Scott decision. Statues of Gen. “Stonewall” Jackson, President Jefferson Davis and Robert E. Lee have been pulled down in New Orleans.

After Charlottesville, pressure is building for removal of the statues of Lee, Jackson, Davis and Gen. “Jeb” Stuart from historic Monument Avenue in Richmond, capital of the Confederacy.

Many Southern towns, including Alexandria, Virginia, have statues of Confederate soldiers looking to the South. Shall we pull them all down? And once all the Southern Civil War monuments are gone, should we go after the statues of the slave owners whom we Americans have heroized?

Gen. George Washington and his subordinate, “Light Horse Harry” Lee, father of Robert E. Lee, were slave owners, as was Jefferson, James Madison, James Monroe and Andrew Jackson. Five of our first seven presidents owned slaves, as did James K. Polk, who invaded and annexed the northern half of Mexico, including California.

Jefferson, with his exploitation of Sally Hemings and neglect of their children, presents a particular problem. While he wrote in theThe Greatest Comeback:…Patrick J. BuchananBest Price: $8.99Buy New $9.00 Declaration of Independence of his belief that “all men are created equal,” his life and his depiction of Indians in that document belie this.

And Jefferson is both on the face of Mount Rushmore and has a memorial in the U.S. capital.

Another term applied to the “Unite the Right” gathering in Charlottesville is that they are “white supremacists,” a mortal sin to modernity. But here we encounter an even greater problem.

Looking back over the history of a Western Civilization, which we call great, were not the explorers who came out of Spain, Portugal, France, Holland and England all white supremacists?

They conquered in the name of the mother countries all the lands they discovered, imposed their rule upon the indigenous peoples, and vanquished and eradicated the native-born who stood in their way.

Who, during the centuries-long discovery and conquest of the New World, really believed that the lives of the indigenous peoples were of equal worth with those of the colonizers?

They believed European Man had the right to rule the world.

Read More @ LewRockwell.com

Wizard of OZ


by Bob Rinear, The International Forecaster:

They want a global currency. They’re going to try and do it with SDR’s. They’ve already started the process, and I’m not certain about how it develops, but this acchain outfit is definitely one of their testing grounds.

In the movie the Wizard of Oz, the all-powerful, all knowing Oz really just turned out to be a little man behind a curtain, with no special powers, but who had all sorts of smoke and mirrors and eerie noises he could use.

Well we have Wizards of Oz’s too. The highest level global elites that push the buttons and pull the levers and change the perception of the world. However the difference is that our Wizards don’t only change perceptions, they change systems. They change economies. And the next change is going to be one so big, that getting our arms around it is not easy.

Ever since the introduction of Bitcoin, the concept of using block-chain technology has exploded. While Bitcoin and Ethereum are the two best known crypto-currencies, there’s over 200 of them out there now and more being developed every day. Now, some of these are trying to work like old fashioned money used to work, by having a physical, tangible backing of some sort. For instance there’s now two crypto’s formed where their digital coins are actually based on grams of gold.

But I need to go full circle on you all for a minute. Remember way way back, say maybe the early 2000’s, I wrote a few articles concerning the use of SDR’s? As the stock market meltdown was causing economic troubles around the world, the IMF was doling out SDR’s to countries, in a sort of “bail out’ maneuver until they got stabilized.

So, what’s an SDR? The SDR was created by the IMF in 1969 as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves—government or central bank holdings of gold and widely accepted foreign currencies—that could be used to purchase its domestic currency in foreign exchange markets, as required to maintain its exchange rate.

Only a few years after the creation of the SDR, the Bretton Woods system collapsed and the major currencies shifted to floating exchange rate regimes. Thus the use of SDR’s was lessened. However, more recently, the 2009 SDR allocations totaling SDR 182.6 billion played a critical role in providing liquidity to the global economic system and supplementing member countries’ official reserves amid the global financial crisis.

An SDR is a Special Drawing Right. Basically it’s the money of the money controllers, Central bank reserve money. A way for the IMF and Bank of International Settlements (BIS) to sure up economies when they run into trouble. It consisted of the Dollar, the Pound, the Yen,the Euro and Then in 2009 and 2010 I wrote a lot about them, because China wanted their currency included in the weighting. That came true, just as I expected it would and now the Yuan is part of the SDR.

Okay, so why am I talking about them now, especially in the context of blockchain developments? Well, there’s been some very very strange developments lately and I think that if I’m reading this right, the “reset” I’ve been saying has to come, is going to be bigger and much more different than I first thought.

In doing research for the “economic/financial” reset, I said that the IMF was currently working on adding up the actual physical assets of each nation, to get a “value” of that nation for their equations. So they’d look at the lumber it could produce, or the oil it could produce, or the wheat, or the manufacturing, or the ore, or what have you. All those things combined, along with the “monetary” wealth of its citizens, gives you the “value” of that nation.

But recently, we’ve got hints that all of that “value” is being digitized. Block chained into a digital form, that eventually can be “traded”. I’ve said until I’m blue in the face that one day the US dollar will NOT be the global reserve currency. I’m going to be proven right and this NEW SDR is going to be the global reserve currency. This is sort of scary.

I want you all to watch this 2 minute video, produced by an outfit called acchain.org. Here’s the Video: https://www.youtube.com/watch?v=CJ73hIFWcpw

It’s done in English but was created in China. At one point it says “Blockchain, the Devil uses it to destroy the world. Then next it says, “the God uses it to benefit mankind”. That’s pretty weird talk, especially from an outfit doing something I’ve never seen before. Follow along….

In the 2 minute video, it appears show how all nations will digitize and go through “nodes” of which there are only a few. So if I’m following the script here, the new SDR is to be digitized, with the Assets of every country AND PERSON and his PROPERTY digitized.

So, once they blockchain digitize all the assets of everything everywhere, that will be the SDR’s value, and all currency will be pegged to that value. No more dollar/Euro or Dollar/yen. Nope, it will all be based on the nations share of value in the global SDR.

The name acchain.org actually stands for “Asset collection chain”, ( how creepy is that?) and first they digitized a bunch of tea in China, and turned it into a digital coin. But what they’re doing now in TEXAS is really frightening to me.

A land developer based in China, has bought up 900 acres and is building homes. The Homes and land have been digitized and an ICO (Initial coin offering) has been launched. Now here’s the kick. It states implicitly that US citizens can NOT be involved with this project. You can’t buy into this. Only foreigners. What the hell is up with that? The housing is in Texas!

Check this, it’s frightening: https://www.acchain.org/en/ret.html

So follow the plot. The IMF wants a digitalized SDR, where the value of everything on the planet is included in the calculations. Every home, car, boat, RV, etc, gets digitized value and turned into a token, which is going to be globally tradable. Now this gets spooky. They’re promoting the idea that if you have tangible assets, why not turn them into digital money and go spend it at the mall, or the doctors, or go shopping? Well, what happens when you “spend” all your asset value? Who owns your house or car then?

Read More @ TheInternationalForecaster.com

EXPOSED: The Elite’s Plan to Freeze the Financial System

by Jim Rickards, Daily Reckoning:

Today’s complacent markets are faced with a number of potentially destabilizing shocks.

Any one of them could potentially lead to another financial crisis. And the next crisis could see draconian measures by governments that most people are not prepared for today.

You’ll see what I mean in a moment.

But first, what are the catalysts that possibly trigger the next financial crisis?

First off, a debt ceiling crisis is just over a month away. If the ceiling isn’t raised by Sept. 29, the federal government is likely to default on at least some of its bills.

If a deal isn’t reached, it could rock markets and possibly trigger a major recession.

Given Washington’s current political paralysis and intense partisan infighting surrounding President Trump, it’s far from certain that a deal will be reached.

Second, despite some official comments over the weekend downplaying the odds of a war with North Korea, a shooting war remains a very real possibility.

North Korea’s Kim is determined to acquire nuclear weapons that can threaten the lower 48 U.S. states, and Trump is equally determined to prevent that from happening.

Third, a trade war between the U.S. and China seems imminent.

Trump has backed off his campaign pledges to label China a currency manipulator and an unequal trading partner.

And today, Trump is expected to present his case for sanctions against China.

China would likely retaliate, and that could ultimately result in a 10–20{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} “maxi-devaluation” of the yuan, perhaps by early next year.

That would likely cause a stock market rout. Since China devalued in August 2015, markets fell hundreds of points in single sessions. And that was a much smaller devaluation, less than 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}.

And if markets collapse from either of these scenarios — which is entirely possible — governments will move dramatically to contain the damage.

In my book The Road to Ruin, I discuss a phenomenon called “ice-nine.” The name is taken from a novel, Cat’s Cradle, by Kurt Vonnegut.

In the novel, a scientist invents a molecule he calls ice-nine, which is like water but with two differences. The melting temperature is 114.4 degrees Fahrenheit (meaning it’s frozen at room temperature), and whenever ice-nine comes in contact with water, the water turns to ice-nine and freezes.

The ice-nine is kept in three vials. The plot revolves around the potential release of ice-nine into water, which would eventually freeze the rivers and oceans and end all life on Earth. Cat’s Cradle is darkly comedic, and I highly recommend it.

I used ice-nine in my book as a metaphor for financial contagion.

If regulators freeze money market funds in a crisis, depositors will take money from banks. The regulators will then close the banks, but investors will sell stocks and force the exchanges to close and so on.

Eventually, the entire financial system will be frozen solid and investors will have no access to their money.

Some of my readers were skeptical of this scenario. But I researched it carefully and provided solid evidence that this plan is already in place — it’s just not well understood. But the ice-nine plan is now being put into practice.

Consider a recent Reuters article that admitted elites would likely shut down the entire system when the next financial crisis strikes.

The article claimed that the EU is considering actions that would temporarily prevent people from withdrawing money from banks to prevent bank runs.

“The desire is to prevent a bank run, so that when a bank is in a critical situation it is not pushed over the edge,” said one source.

Read More @ DailyReckoning.com

North Korea: “Their Health System Sucks”, Do They have Schools and Hospitals… In America, We’ve Got Medicare…

by Prof Michel Chossudovsky, Global Research:

The North Korean government, according to the Western media is said to be oppressing and impoverishing its population.

Here in the USA we have medicare, all our kids are educated, we are all literate, and “we want to live in America”.

And in the DPRK, the health system sucks, they don’t have schools and hospital beds, they are all a bunch of illiterates,  

You would not want to live there! 

Beneath the mountain of media disinformation, there is more than meets the eye. Despite sanctions and military threats, not to mention the failed intent of “respectable” human rights organizations (including Amnesty International) to distort the facts, North Korea’s “health system is the envy of the developing world” according to the Director General of the World Health Organization:

“WHO director-general Margaret Chan said the country had “no lack of doctors and nurses””.

Health. DPRK vs. USA

While praising North Korea, the WHO admonishes the USA for “not having a universal health coverage”:

Screenshot CNBC Report, February 2017 quoting a study by the WHO and Imperial College London

Lets look at the figures. The Library of Congress Federal Research Division quoting official sources concurs:

North Korea has a national medical service and health insurance system. As of 2000, some 99 percent of the population had access to sanitation, and 100 percent had access to water, but water was not always potable. Medical treatment is free. In the past, there reportedly has been one doctor for every 700 inhabitants and one hospital bed for every 350 inhabitants

“In 2006 life expectancy was estimated at 74.5 years for women and 68.9 for men, or nearly 71.6 years total.”

Higher than in most developing countries. Lower than in the United States.

Read More @ GlobalResearch.ca

Depopulation test run? 75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of children who received vaccines in Mexican town now dead or hospitalized

by Mike Adams, via The Common Sense Show:

Despite the insidious attempts of the corporate-controlled U.S. media to censor the stories about the deadly side effects of vaccines, the truth keeps surfacing. The latest vaccine tragedy to strike has killed two babies in La Pimienta, Mexico and sent 37 more to the hospital with serious reactions to toxic vaccine additives. (Tweet this story)

“…14 children are in serious condition, 22 are stable and one is in critical condition,” the Chiapas Health Secretariat said in a statement via Latino.FoxNews.com.

What’s especially alarming is that only 52 children were vaccinated in all, meaning that 75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of those receiving the vaccines are now either dead or hospitalized.

The vaccines were administered by the Mexican Social Security Institute, known as IMSS. The IMSS confirmed the deadly reactions occurred after children received injections of vaccines for tuberculosis, rotavirus and hepatitis B — the same viral strains targeted by vaccines routinely administered to children in the United States.

IMSS suspends vaccination pending further investigation

According to Fox News Latino, the IMSS has suspended the vaccines pending the outcome of an investigation into why so many children have been killed and hospitalized.

According to the entire mainstream media in the United States — which is 100{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} controlled by corporate interests — vaccines never harm anyone and are perfectly safe to inject into children in unlimited quantities. This dangerous, inhumane “Vaccine Injury Denialism” is rampant across the corporate-controlled media, which contributes to the deaths of innocent babies and children by refusing to acknowledge the truth that vaccines kill and injure children on a regular basis.

Just recently, in fact, the UK government agreed to pay $90 million to victims of the swine flu vaccine. That vaccine caused permanent brain damage to over 800 children across Europe. The truth is that vaccines regularly harm and even kill innocent children, most likely because of the toxic chemical adjuvants and preservatives they still contain.

As the CDC openly admits, vaccines are still intentionally formulated with mercury, aluminum, MSG and formaldehyde. Some vaccines even use ingredients derived from aborted human fetal tissue. Last year, a CDC scientist blew the whistle on the CDC committing scientific fraud to cover up links between vaccines and autism in young African-American males.

Test run for depopulation via vaccines?

As globalists now fully realize, vaccines are by far the best way to cull the human population because most people can be tricked into lining up and asking for them. Thus, there’s no need to resort to all the difficulties used by the Nazis to commit genocide in World War II, involving complex logistics of railroad cars, gas chambers, construction of mass graves, prisoner tracking via IBM computing technology, and so on. (Yes, Nazi genocide and prisoner tracking was powered by early IBM computers. See IBM and the Holocaust, the strategic alliance between Nazi Germany and America’s most powerful corporation…)

As the vaccine industry has now come to realize, it’s so much easier to kill people when they voluntarily comply with the injections. Hence the aggressive media propaganda push to achieve absolute blind obedience to vaccines so that no one will ask questions when sterilization or euthanasia chemicals are used. That’s no doubt why vaccines have been routinely tested for depopulation programs via two primary methods:

# 1) Achieve covert sterilizations of targeted populations by combining sterilization chemicals with vaccines. (The “slow kill.”)

# 2) Directly kill vaccine recipients by intentionally lacing vaccines with euthanasia chemicals that cause death. (The “fast kill.”)

Method #1 has been repeatedly used throughout Africa, Mexico and South America to inflict sterilization upon targeted groups via immunization and vaccination programs. Just last year, in fact, I reported on the discovery of a covert depopulation vaccine program being run in Kenya:

Tetanus vaccines given to millions of young women in Kenya have been confirmed by laboratories to contain a sterilization chemical that causes miscarriages, reports the Kenya Catholic Doctors Association, a pro-vaccine organization.

A whopping 2.3 million young girls and women are in the process of being given the vaccine, pushed by UNICEF and the World Health Organization.

“We sent six samples from around Kenya to laboratories in South Africa. They tested positive for the HCG antigen,” Dr. Muhame Ngare of the Mercy Medical Centre in Nairobi told LifeSiteNews. “They were all laced with HCG.”

Method #2 now appears to be under way in Mexico as 75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of those children injected with vaccines are now either dead or hospitalized.

Vaccine-induced depopulation was attempted in Mexico in 1974

As Truth Stream Media exhaustively documented, a depopulation exercise was run in Mexico in 1974, using vaccines as the cover story.

The scheme was dreamed up after the release of the National Security Study Memorandum 200 which highlighted the global population problem and urged governments to find ways to reduce the global population.

As TruthStreamMedia.com explains:

Concentration on this “problem” of how to reduce the population was planned for 13 key countries, including India, Bangladesh, Pakistan, Nigeria, Mexico, Indonesia, Brazil, the Philippines, Thailand, Egypt, Turkey, Ethiopia and Colombia. Of those, the document singled out Mexico as having one of the highest (and therefore, most worrisome) growth rates of all. The document read, “Perhaps the most significant population trend from the viewpoint of the United States is the prospect that Mexico’s population will increase from 50 million in 1970 to over 130 million by the year 2000.”

To combat this problem, “medical spooks” — who were almost certainly U.S.-funded depopulation vaccine crews — began injecting women all across Mexico with anti-fertility drugs disguised as vaccines. If you doubt this, read your history. The U.S. government’s National Institutes of Health was caught red-handed running human medical experiments on prisoners in Guatemala. President Obama was even forced to publicly apologize in 2011 after the cover-up collapsed! There is nothing the Nazis did in the 1930s and 40s that the pharmaceutical industry wouldn’t be willing to repeat today under the label of “science.”

But getting back to Mexico, as the covert depopulation vaccination program spread across Mexico City in 1974, locals began to catch on to the deception, and public resistance grew. As these newspaper clippings reveal, parents began hiding their children in their own homes to avoid them being injected with sterilization chemicals at the public schools. (California, by the way, also targets children at schools in order to avoid parents having the opportunity to say “No!”)

Mexico City – Associated Press – Rumors that persons disguised as inoculation teams were giving school children shots that sterilized them forced health authorities to suspend all vaccination drives today and to post police outside Mexico City schools. Thousands of parents stormed various schools in the Mexico City area Tuesday and took their children home.

It’s also important to note that these sterilization vaccines were being administered essentially at gunpoint, as police were accompanying the vaccine crews:

Callers told newspapers and TV stations that the sterilization crews were protected by police escorts and that they included white-robed men and women “who looked like foreigners.”

This same scenario is now about to be replicated in California, by the way, where SB 277would criminalize parents of children who are not vaccinated, essentially at gunpoint.

What’s even more interesting is that the exact same arguments we hear today about vaccine skeptics — they’re punitively labeled “anti-vaxxers” or “anti-science” — were also being used in Mexico in 1974. As the following newspaper clipping shows:

Read More @ TheCommonSenseShow.com

The LBMA is a ploy of the Central Bank Community


by Nico Simons, Sprott Money:

This article is about the way the Central Bank Community manipulates the price of gold and the role of the LBMA within. We describe some of the signs that the Central Bank Community manipulate the price of gold and that they are using the LBMA to reach their goal. Is the manipulation of the gold price a classic case of Diffusion of responsibility because so many organizations are involved and avoid taking responsibility? 

Manipulation is a joint effort of the Central Bank Community

The signs that Central Banks manipulate the price of gold are written all over the wall, for instance:

“The fifth objective of Central Bank cooperation is the joint effort of Central Banks to influence the price of gold and foreign exchange.” William R. White, Head Monetary and Economic Department at the BIS, 27 June 2005.

“For the purpose of stabilizing the exchange value of the dollar, the Secretary of the Treasury, with the approval of the President, … is authorized to deal in gold and foreign exchange … as he may seem necessary…” The Gold Reserve Act of 1934.

“All Central Banks are in the same boat, that threats in either direction are harmful to all of us, and that the dollar stability is the key-note of the whole thing.” Cameron Cobbold, Governor Bank of England 1949-1961, March 1961.

“From 1962 the Central Banks, operated from the BIS in Basel, played a crucial role in stabilizing the free gold price in the London market.” Gold: talks in Basle, 6/7 January 1962.

“However, at the end of the day, the Gold Pool (also called: Basle Syndicate) was nothing more than a ploy, an artificial device to keep the market in line with official policy.” Secret note UK Treasury D.A. Bleach, 26 March 1968 .

An in 2009 declassified telegram from AM Embassy to the Secretary of State sent in 1968 regarding the end of the Gold Pool speaks about: “Remain the masters of gold” … “A gold price of dollar 35 per ounce it is a matter of urgency to reach international agreement on the “rules of the game” …. These rules will have to be more basic than just a “holding operation”. They have to be so simple and convincing that it become crystal-clear to speculators that there is no point any more in speculating on a increase on the price of gold. It is only than that the speculative demand for gold will subside and that, very likely, dishoarding will take place”. … “A reshuffle club should harmonise the ratio between gold holdings and (gross) asset among gold-holding countries and countries with relatively low gold holdings.”

“The US loses influence in world affairs whenever the dollar is weak in exchange markets…vulnerability to confidence crises…gold is a basic problem…” Declassified memorandum CIA dated 4 April 1968.

“The gold reserves were actually not used for interventions, due to the current practices as evidenced by SWAPS.” The Mechanics of Interventions in Exchange Markets by A.L. Balbach Fed St. Louis, February 1978.

“A higher dollar gold price could possible been seen as a proof of distrust against the dollar.” Dr. J. Zijlstra, former head of the BIS and the Dutch Central Bank, memoirs 1993.

“Investing in gold may have become out of favour, but all Central Banks see gold as the most prominent part of their international reserves.” Dr. J. Zijlstra, former head of the BIS and the Dutch Central Bank, memoirs 1993.

“The price of gold is pretty well determined by us.” Governor Wayne Angell Fed meeting 6/7 July 1993.

The Washington Agreement on Gold was signed of 26 September 1999 in Washington, D.C. during the IMF annual meeting, and the US Secretary of the Treasury and the Chairman of the Fed were present. The agreement was perceived as putting a cap on European gold sales. The agreement limits also their gold leasing and their use of gold futures and options.

According to the Swedish Central Bank (Riskbank) is the aim of the agreement to limit the Central Bank’s sales of gold in order to avoid undesirable effect on the gold price.

A confidential IMF report from March 1999 about the reporting template for Central Banks advices western Central Banks to conceal their gold loans and SWAPS because information about them is “highly market-sensitive” and accountability about them would “hinder secret currency” interventions by Central Banks, in view of the limited number of participants in such transactions.

“Letting gold go to dollar 850 per ounce was a mistake.” Memoirs 2004 Paul Volcker former chairman of theUS Fed.

“In reserves management, monetary authorities also may undertake gold SWAPS. …Such gold SWAPS generally are undertaken between monetary authorities and with financial institutions. Monetary authorities may treat gold SWAPS as collateralized loans, leaving the gold claim on the balance sheet… This treatment applies only when an exchange of cash against gold occurs, the commitment to buy back the gold is legally binding, and the repurchase price is fixed at the time of the SPOT transaction. The logic is that in a gold SWAP the “economic ownership” of the gold remains with the monetary authorities, even though the authorities temporarily have handed over the “legal ownership.“ … Usually, the Central Banks receive cash for the gold. The counterparty generally sells the gold on the market but typically makes no delivery of the gold. The counterparty often is a bank that wants to take short positions in gold and bets the price of gold will fall or is one that takes advantage of arbitrage possibilities offered by combining a gold SWAP with a gold sale and a purchase of a gold future.”

Guidelines for international reserves, paragraph 100, IMF, 12 September 2013 .

“The bullion market is often criticised by observers for being secretive and lacking in information and data. Unfortunately, to an extent, this is inevitable given the need for a duty of care to clients which dictates that a high level of discretion is an essential element in so much of the business that takes place in the market, particularly for gold.” Alan Baker, Director Deutsche Morgan Grenfell and LBMA Chairman. January 1997.

“We are not a member of the LBMA, but we continue to play a key role in the London market. We have observes status on the Management, Physical and Vault Committees of the LBMA.” Luke Thorn, Bank ofEngland, 10 March 2013.

“The role of Central Banks in the bullion market preclude ‘total’ transparency, at least at public level” LBMA CEO Ruth Crowell in a letter regarding the Fair and Effective Markets Review to the Bank of England, 30 January 2015.

“The LBMA has a global client base. This includes the majority of the gold-holding Central Banks.”

A guide to the London Bullion Market Association, May 2017.

Central Bankers independence is enshrined in law in many countries, and Central Bankers tend to be independent thinkers. It is worth asking why such a large group of them decided to associate themselves with manipulating of the free gold market. And off course the knowledge of the manipulation makes them responsible.


World Official Gold Holdings 31.978 ton

Sec BIS related Official Gold Holdings 29.805 ton

(Figures World Gold Council, February 2015)

What is the relation between the Central Bank Community and the LBMA?

The LBMA, the London Bullion Market Association, provides for Central Banks a tool for hiding their secret operations in the gold market and their London Spot Price setting. Set up as a quote-driven hardly regulated OTC market through the Bank of England with only 13 Market Making Members.

The LBMA claims to be The Competent Authority for the world Bullion Market.

The LBMA is centred in London with a global Membership and client base including the majority of the Central Banks that holds gold (1).

Important: the London Spot Price is set on the LBMA OTC gold market.

The London Spot Price is the basis for virtually all transactions in gold. It is quote-driven bid/ask price made by the 13 LBMA Market Makers based upon their bilateral trading activity in the hardly regulated LBMA OTC gold market. The London Spot Price refers to the price of gold for immediate delivery (read: two workings days after the day of the deal).

The London Spot Price is published on WebICE and constantly updated by the bullion desks of the 13 Market Makers (2).

Read for the difference between the LBMA Gold Price (Auction) and the London Spot Price our paper dated23 September 2016 . For now it is enough to know that the London Spot Price is the Standard (Benchmark) for the price of gold and thus all other gold-related products.

Read More @ SprottMoney.com


by Harvey Organ, Harvey Organ Blog:


GOLD: $1277.55  UP $3.85

Silver: $16.95  UP 25 cent(s)

Closing access prices:

Gold $1282.95

silver: $17.11









Premium of Shanghai 2nd fix/NY:$2.26


LONDON FIRST GOLD FIX:  5:30 am est  $1270.15




For comex gold:



TOTAL NOTICES SO FAR: 4579 FOR 457900 OZ  (14.24 TONNES) 

For silver:





75,000  OZ/

Total number of notices filed so far this month: 915 for 4,575,000 oz




The star today was silver as this metal completely rebuffed all attempts by the crooked bankers who initiated a raid for the 5th consecutive day.  Gold got a spurt when Trump’s entire advisory board was disbanded.  It seems that the entire Trump team is in chaos.

Let us have a look at the data for today



 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.940 BILLION TO BE EXACT or 135{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).


In gold, the open interest FELL by A TINY 2222 WITH THE HUGE FALL in price of gold ($11.00 LOSS YESTERDAY.)  The new OI for the gold complex rests at 477,921. A raid was called upon yesterday by the bankers and it succeeded in driving the price of gold southbound. The bankers initiated the raid with short paper but newbie longs entered the arena with the lower price. The bankers were not as successful in covering their shorts as they would have liked. They again called for another raid today but that too has failed

we had: 32 notice(s) filed upon for 3200 oz of gold.


With respect to our two criminal funds, the GLD and the SLV:


Today, no changes in gold inventory:

Inventory rests tonight: 791.01 tonnes








First, here is an outline of what will be discussed tonight:


(report Harvey)


2.a) The Shanghai and London gold fix report



2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY:  Bloomberg


i)Late TUESDAY night/WEDNESDAY morning: Shanghai closed DOWN 4.81 POINTS OR 0.15{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}   / /Hang Sang CLOSED UP 234.11 POINTS OR 0.86{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} The Nikkei closed DOWN 24.03 POINTS OR 0.12{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Australia’s all ordinaires CLOSED UP 0.46{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Chinese yuan (ONSHORE) closed DOWN at 6.6950/Oil UP to 47.68 dollars per barrel for WTI and 51.03 for Brent. Stocks in Europe OPENED DEEPLY IN THE GREEN , Offshore yuan trades  6.7020 yuan to the dollar vs 6.6950 for onshore yuan. NOW THE OFFSHORE IS WEAKER  TO THE ONSHORE YUAN/ ONSHORE YUAN WEAKER (TO THE DOLLAR)  AND THE OFFSHORE YUAN IS MUCH WEAKER TO THE DOLLAR AND THIS IS COUPLED WITH THE SLIGHTLY STRONGER DOLLAR. CHINA IS NOT HAPPY TODAY  

Read More @ HarveyOrganBlog.com