Monday, May 13, 2024

AI spy program launched to monitor global bank transactions for “money laundering,” but people know it’s just an EXCUSE to surveil their private accounts

by Ethan Huff, Natural News:

A global cashless society is at the door as the world’s globalist bankers forge ahead with plans to centralize all of the world’s international and central banks under one single umbrella network.

To make this possible, the International Monetary Fund (IMF) is readying to introduce its new global central bank digital currency, or CBDC, which we are told will be called UMU or Unicoin. The Bank for International Settlements (BIS) is also doing its part with multiple projects aimed at synchronizing the world’s money systems into one single system.

Mission Accomplished?

by Ted Butler, Silver Seek:

A set of readily-verifiable facts have combined to point to a stunning conclusion, namely, that thanks largely to enough people doing the right thing, that the federal commodities regulator, the Commodity Futures Trading Commission, may have also finally done the right thing when it comes to the decades-old COMEX silver price manipulation. If my assessment is correct, the most logical conclusion is that we may be at the end of the long-running manipulation and set to rocket higher in silver prices. Let me present the facts and leave it to you to decide for yourself.

The Stock Market’s Echo Bubble

by Dave Kranzler, Investment Research Dynamics:

The following commentary is an excerpt from the latest issue of my Short Seller’s Journal. The newsletter is published weekly. It reviews the weekly stock market action, economic numbers and some short ideas. Tesla is reviewed weekly. You can learn more about this newsletter here: Short Seller’s Journal

The run higher in the Nasdaq has become insane. It’s an “echo bubble” from the bubble that popped in November 2021. The Fed fueled this when it juiced its balance sheet by $400B in order to bail out uninsured depositors at the regional banks. But don’t be mistaken, Citigroup was feeding hungrily at the Fed trough as well. That $400B is now being drained. That along with the liquidity sucked out of the financial system should lead to another Nasdaq crash sometime this summer and possibly usher in the next round of QE.

JPMorgan and Citigroup Are Using the Same Accounting Maneuver as Silicon Valley Bank on Hundreds of Billions of Underwater Debt Securities

by Pam Martens and Russ Martens, Wall St On Parade:

As we reported yesterday, Silicon Valley Bank was not even on the “Problem Bank List” maintained by the Federal Deposit Insurance Corporation (FDIC) when it imploded in a span of 48 hours in March. According to testimony by the Federal Reserve’s Vice Chairman for Supervision, Michael Barr, on March 28 before the Senate Banking Committee, depositors had yanked $42 billion of their deposits from the bank on March 9 and had queued up to grab another $100 billion on March 10 when it was abruptly put into FDIC receivership. Had the FDIC not stepped in, Silicon Valley Bank would have lost 85 percent of its deposits in a two-day stretch.

THE BOMBING OF THAT VERY STRATEGIC DAM IN KERSON AND THAT SENDS FLOODING DOWNSTREAM AND ALSO THROWS A HUGE SCARE OF A LACK OF WATER TO COOL THE NUCLEAR REACTOR SITUATED CLOSE BY

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $6.90 TO $1965.30 WITH SILVER ALSO UP 7 CENTS TO $23.61//PLATINUM WAS UP $2.30 TO DOLLARS TO $1034.20 WHILE PALLADIUM WAS DOWN $0.60 DOLLARS TO $1414.35//GERMANY’S RIGHT WING PARTY AFD GAINING IN POPULARITY//BIG STORY OF THE DAY: THE BOMBING OF THAT VERY STRATEGIC DAM IN KERSON AND THAT SENDS FLOODING DOWNSTREAM AND ALSO THROWS A HUGE SCARE OF A LACK OF WATER TO COOL THE NUCLEAR REACTOR SITUATED CLOSE BY//COVID UPDATES//DR PAUL ALEXANDER/SLAY NEWS/EVOL NEWS//CRE PROBLEMS IN THE USA RAGES ON

RAFI FARBER: COMEX REGISTERED SILVER FALLS TO 28 MILLION OUNCES

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

The Debt Ceiling “Crisis” Is Over And Now US Debt Will Rise From $31 Trillion To $50 Trillion By 2030

from ZeroHedge:

By Eric Peters, CIO of One River Asset Management

“No one got everything they wanted, but the American people got what they needed,” said Biden in his twelve-minute address to the nation.

“We averted an economic crisis and an economic collapse,” continued the President, seated behind the Resolute Desk.

“Nothing – nothing would have been more irresponsible. Nothing would have been more catastrophic.” And this whole notion of saving humanity by solving an imaginary crisis of our own creation is so preposterous to anyone not directly involved in the drama that I naturally searched for something more interesting.

Apple’s new savings bank refusing to let customers withdraw cash: “You’re keeping our life savings hostage!”

by Ethan Huff, Natural News:

It has been one month since Apple launched its new savings account service with Goldman Sachs, and customers everywhere are reporting that they are having trouble accessing their cash.

After attracting more than $1 billion worth of deposits in the first four days of launch, Apple has apparently restricted withdrawals and transfers. One man named Nathan Thacker, who lives outside of Atlanta, told The Wall Street Journal that he has continually tried but failed to transfer $1,700 from his Apple account to his JPMorgan Chase account.

Android Update To Introduce Digital ID Wallets

by Christina Maas, Reclaim The Net:

Google Wallet, the Android version of the Wallet app on iPhones, has started supporting digital IDs and driver’s licenses. The company said the feature will begin rolling out this month, supporting the growing global push to get citizens to adopt digital ID measures.

Maryland residents can use the feature immediately, but residents in Colorado, Georgia, and Arizona will get the feature “in the coming months.” The feature will require Android 8.0 and above.

As Another Major Insurer Abandons Commiefornia Homeowners, We Wonder if They Know Something We Don’t

by JD Rucker, The Liberty Daily:

Allstate has joined State Farm in ending the sale of property insurance in California. They claim it’s over natural disasters, but something doesn’t add up.

As we reported last week, State Farm ceased selling new property insurance to California residents and businesses, citing climate change as a primary concern that would cause increased natural disasters. Allstate technically beat them to the punch by ending the practice last year, but they didn’t make it official until Friday.

Apple Customers Say It’s Hard to Get Money Out of Goldman Sachs Savings Accounts

from The Epoch Times:

Some Apple customers have found it difficult to access their savings from a new account program in partnership with Goldman Sachs.

After the new Apple savings account was launched in April to great fanfare, the system has been facing serious teething problems, according to customers.

LBJ’s Unconditional War On Poverty Resulted In Poverty Winning – Welfare Has Now Become A ‘Lifestyle’ Passed From ‘Generation To Generation Like A Legacy’

by Alan Barton, All News Pipeline:

Sometimes stories almost write themselves as they just seem to flow from my fingertips, and other times it is just the opposite; try as I might, I just cannot get it done the way I envision.  Stumbling over words, finding the right quotes, arranging things so they make sense and trying to keep from being the target of dangerous people, it all seems difficult on some of those stories.  “Those stories”?  I meant on this one specifically as it is a difficult one to get out without sounding like something I do not wish to sound like.  Like racist or arrogant or prideful, which is not my intent so if I miss, this is my apology (and excuse?).

ANALYSIS: Conservatives’ Boycotts Wipe Off Billions From Target and Bud Light Valuations, More Brand Battles Upcoming

from The Epoch Times:

Major brands such as Bud Light and Target, among others, are facing immense backlash from supporting LGBTQ causes, with the market capitalization of the firms crashing by double digits in recent weeks.

Stores of Target were boycotted after the retail giant rolled out its Pride collection at the beginning of May, including some items targeted at children. Between May 1 and May 30, Target’s market capitalization fell from $72.52 billion to $61.78 billion—a decline of 14.80 percent. Bud Light became a target after partnering with transgender social media personality Dylan Mulvaney in a promotional campaign in April. Between April 3 and May 30, the market cap of Anheuser-Busch, which owns Bud Light, fell from $132.06 billion to $108.19 billion—a decrease of over 18 percent.