Sunday, July 25, 2021

POOR CPI NUMBERS COUPLED WITH POOR RETAIL SALES SENDS GOLD AND SILVER NORTHBOUND WITH THE DOLLAR SINKING

TURKEY TURNS ITS BACK ON THE WEST: PURCHASES DEFENSE MISSILES FROM RUSSIA
from Harvey Organ:

TURKEY WILL NOT LET GERMANY VISIT ITS FORCES AT INCIRLIK

In silver, the total open interest FELL BY 2121 contract(s) DOWN to 206,358 WITH THE FALL IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (DOWN 18 CENT(S). WITH THE DATA TODAY, THE ONLY EXPLANATION IS THE COMMERCIALS CONTINUED AS THE SUPPLIER OF THE SHORT PAPER AND COVERED SOME OF THEIR SHORTS. THE SPECULATORS PITCHED SOME OF THEIR LONG SIDE PAPER

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.033 BILLION TO BE EXACT or 148{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 8 NOTICE(S) FOR 40,000 OZ OF SILVER

In gold, the total comex gold FELL BY A RATHER TAME 3,841 CONTRACTS WITH THE FALL IN THE PRICE OF GOLD ($1.50 with YESTERDAY’S TRADING). The total gold OI stands at 487,597 contracts. AGAIN, THE COMMERCIALS SUPPLIED THE SHORT PAPER TO WHICH THE SPECULATORS DECIDED TO LIGHTEN UP A BIT ON THEIR LONGS TO WHICH SOME OF THE COMMERCIALS COVERED THEIR SHORT POSITION.

we had 2 notice(s) filed upon for 200 oz of gold.

Read More @ Harveyorganblog.com

Two Israeli Companies: Spying on the World

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by Jon Rappoport, No More Fake News:
I’m reprinting my article from 2013 below. But first, a quick bit of recent history concerning two little known Israeli companies, Narus and Verint. They have helped the NSA spy on the planet.

Narus, in 2010, was folded into Boeing, one of the largest defense contractors in the world. Then, in 2014, Boeing sold Narus to Symantec. In 2016, Symantec sold half of itself to the Carlyle Group. So Narus, a little engine that could, has been keeping very high-priced company.

Verint has managed to retain its independence, after buying out the majority stake of Comverse Technology, its former owner, in 2013.

BREAKING: Hillary Campaign Used Phony Information Obtained Through Collusion w/ KREMLIN To Damage Trump Campaign

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by Jim Hoft, The Gateway Pundit:
While lying MSM outlets such as CNN (Clinton News Network) and Carlos Slim’s Blog (New York Times) continue to pump out false Trump-Russia narratives, a new emerging truth is being exposed each day. Maybe the left shouldn’t have kept shining the spotlight on relationships with Russia, because it turns out that the only actual guilty parties are on the left.

Charges that members of the Clinton campaign were in cahoots with a far left opposition research and propaganda firm, Fusion GPS, it is becoming more and more apparent that many of the false stories that Fusion GPS was pushing came directly from the Kremlin.

WAR ON CASH: DESPERATE VISA BEGS MERCHANTS WITH $10,000 BRIBE TO GO CASHLESS

by Claire Bernish, The Daily Sheeple:
A war on cash has surreptitiously and duplicitously come to pass, as Big Banks and Big Credit attempt to convince their millions of oft-captive customers to make the leap away from currency and into plastic — a surefire means of gaining access to more of your funds through repressive policies and monstrous fees.

Writing a check as payment has been difficult for years, but the move away from currency to digitally-tracked plastic and online pay options has recently taken off — despite reluctance from customers and smaller businesses already wary of being bilked by guileless banks and slithery credit institutions.

The Fatal Flaw in Washington’s New Energy Strategy

by F. William Engdahl, New Eastern Outlook:
If the feeling of pity would be worth a damn one would be tempted to feel sorry for the hapless Poles. Now Poland’s leaders have again been seduced, this time by a dangerous Washington stratagem: to try to become the Natural Gas Hub of the EU displacing Germany and pushing Russia out.

The Poles seem to have a penchant to fall for self-destructive projects. That was the case in 1939 when the Polish Foreign Minister Józef Beck signed with Britain and later France the Polish-British Common Defense Pact believing that Britain would defend Poland’s sovereignty in the event of a Nazi invasion only to find itself divided as spoils of war by Hitler and Stalin while Britain and France stood by quietly smiling. They had another agenda from the Poles.

Regime Change in Dens of Iniquity

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from Rogue Money:
“If we really want to go after the pedophiles, Pope Francis is Enemy #1. Even the Italian police told me we are just waiting for backup from America, from anybody in power, so that we can go into the Vatican and arrest them!” — Leo Zagami to Alex Jones, July 11, 2017

Vatican treasurers ignoring the rape of children. Monsignors running cocaine. All night gay orgies. Suspicious deaths of healthy cardinals. Masonic Mafia intrigue. You’d think you were watching a classical Italian opera. But, no, this is just a typical week at St. Peter’s. Or is it?

Financial-Crisis-Style Carmageddon Descends on Houston

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by Wolf Richter, Wolf Street:
Houston is recovering from the oil bust. Didn’t consumers get the memo?

Auto sales in Houston, whose economy had been battered by the oil bust, should be turning around from their Financial-Crisis-type levels, but they just got worse: New vehicle sales plummeted 26{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in June from a year ago, with car sales getting totally crushed and even trucks sales plunging.

For the 12-month period through June, auto dealers sold 284,085 new vehicles, down 16.8{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} from the same period last year, and down 25{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} from the levels in late 2015 and early 2016, before the oil bust began clobbering consumers and their desire to buy a new car or truck. Sales are now back to the same level as in January 2009 (chart by the Greater Houston Partnership, red marks added):

GOLD DOWN $1.50/SILVER IS DOWN 18 CENTS/AGAIN AT THE SILVER COMEX THE AMOUNT STANDING INCREASES BY 245,000 OZ

TOTAL SILVER STANDING: 14.560 MILLION OZ/REPUBLICANS INTRODUCE A NEW HEALTHCARE BILL BUT IT WILL GO NOWHERE
from Harvey Organ:

USA RUNS A SURPRISING DEFICIT OF $429 BILLION DUE TO EXPENDITURES WITH RESPECT TO STUDENT LOANS AND HOUSING LOANS

In silver, the total open interest ROSE BY 887 contract(s) UP to 208,479 WITH THE RISE IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (UP 15 CENT(S). WITH THE DATA TODAY, THE ONLY EXPLANATION IS THE COMMERCIALS CONTINUED AS THE SUPPLIER OF THE SHORT PAPER AND THE SPECULATORS WENT TO THE LONG SIDE GOBBLING UP THE PAPER.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.042 BILLION TO BE EXACT or 149{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 50 NOTICE(S) FOR 250,000 OZ OF SILVER

In gold, the total comex gold ROSE BY A MONSTROUS 15,769 CONTRACTS WITH THE RISE IN THE PRICE OF GOLD ($4.20 with YESTERDAY’S TRADING). The total gold OI stands at 491,438 contracts. AGAIN, THE COMMERCIALS SUPPLIED THE SHORT PAPER TO WHICH THE SPECULATORS WENT ON A RAMPAGE ON THE LONG SIDE.

we had 52 notice(s) filed upon for 5200 oz of gold.

Read More @ Harveyorganblog.com

EVIDENCE: Supreme Court Justice John Roberts Was ‘Hacked’ By Obama Officials

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by Patrick Howley, Big League Politics:
Evidence shows that John Roberts, chief justice of the United States Supreme Court, was “hacked” by a Deep State surveillance operation overseen by Obama administration CIA director John Brennan and Obama director of national intelligence James Clapper.

Roberts, the Bush appointee who made the decisive vote to uphold the constitutionality of Obamacare before the 2012 election, was allegedly the victim of the same Deep State surveillance program that spied on President Donald Trump.

Amazon Is a Creation of Bubble Finance

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by David Stockman, DailyReckoning:
oseph Schumpeter, one of the great economists of all times, once described capitalism as “the perennial gale of creative destruction.” In Capitalism, Socialism, and Democracy (1942), he wrote:

The opening up of new markets, foreign or domestic, and the organizational development from the craft shop to such concerns as U.S. Steel illustrate the same process of industrial mutation — if I may use that biological term—that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process of Creative Destruction is the essential fact about capitalism.

I believe fully in the virtues of free market capitalism. Its “creative destruction” creates gains in efficiency and leads to technological innovation. It produces rising incomes and living standards for everyone.