Saturday, May 15, 2021

Keiser Report: Mergers & Monopolies (E1105)

from RT:

Holding the show at Freedom Fest in Las Vegas, Max and Stacy discuss mergers, monopolies and antitrust.  Max interviews early bitcoin adopter Charlie Shrem about the state of play in the bitcoin market. This interview took place a week before the hard fork.

GOLD RECOVERS FROM LAST NIGHT’S 7 PM FLASH CRASH BUT STILL DOWN $3.65/SILVER DOWN 10 CENTS

by Harvey Organ, Harvey Organ Blog:

DESPITE THE DROP IN PRICE OF GOLD YESTERDAY, OPEN INTEREST RISES BY OVER 7,000 CONTRACTS/WAR OF WORDS BETWEEN INDIA AND CHINA INTENSIFY AS INDIAN TROOPS ARE STATIONED ON DISPUTED CHINESE LANDS/TRUMP TO ANNOUNCE A TRADE WAR WITH CHINA TOMORROW: CHINA IS FURIOUS!

In silver, the total open interest FELL BY A TINY 1023 contracts from 207,258 DOWN TO 206,233 WITH THE FALL IN THE PRICE THAT SILVER TOOK WITH RESPECT TO YESTERDAY’S TRADING (DOWN 5 CENT(S). WHEN YOU COMPARE THE HUGE GAIN IN OI FOR GOLD THEN YOU MUST ADMIT THAT IT SURE LOOKS LIKE BOTH THE SPECULATOR SHORTS AND THE BANKER SHORTS ARE HAVING SEVERE PROBLEMS TRYING TO COVER THEIR SHORTFALL WHICH CANNOT COME TO FRUITION. THE LONGS REMAIN STOIC AND NOTHING WILL BUDGE OUR SILVER LEAVES FROM DEPARTING OUR SILVER TREE. YESTERDAY’S TRADING IS EVIDENCE OF THAT.

 In ounces, the OI is still represented by just OVER 1 BILLION oz i.e.  1.030 BILLION TO BE EXACT or 147{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 2 NOTICE(S) FOR 10,000OZ OF SILVER

In gold, the open interest ROSE by A MONSTROUS 6,896 despite the FALL in price of gold ($0.65 yesterday.)  The new OI for the gold complex rests at 455,605. Yesterday we had the bankers supplying a major amount of short paper to newbie longs who entered the arena again like gangbusters.  The specs shorts covered what they could. .No wonder a flash crash was orchestrated at 7.01 pm last night with the intention of cooling gold’s jets. It seems that the raid failed again.  The bankers are losing control over the precious metal markets

we had: 73 notice(s) filed upon for 7300 oz of gold.

Read More @ HarveyOrganBlog.com

GOLD AND SILVER REBOUND DURING PHYSICAL TIME ZONES AND DURING COMEX TIMES BUT WHACKED AGAIN DURING ACCESS TIME ZONES (NON PHYSICAL)

by Harvey Organ, Harvey Organ Blog:

GOLD OI CLIMBS BY 11,000 CONTRACTS WHEREAS SILVER OI HARDLY BUDGES/TRUMP BASICALLY LAUNCHES A TRADE WAR WITH CHINA AND RUSSIA/THE EU READY TO RETALIATE AGAINST THE USA RUSSIAN SANCTIONS/ADD NOW TURKEY TO THE GROWING LIST OF COUNTRIES BUYING MASSIVE AMOUNTS OF PHYSICAL GOLD: TURKEY LAST MONTH 68.4 TONNES WHICH IS ABSOLUTELY HUGE!!/IN THE USA, 2018 LOOKS LIKE ANOTHER 30{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} RISE IN OBAMACARE PREMIUMS: BELIEVE IT OR NOT THEY ARE BLAMING TRUMP!!

In silver, the total open interest FELL BY A TINY 358 contracts from 207,643 DOWN TO 207,258 WITH NO GAIN IN THE PRICE THAT SILVER TOOK WITH RESPECT TO YESTERDAY’S TRADING (UP 0 CENT(S). WHEN YOU COMPARE THE HUGE GAIN IN OI FOR GOLD THEN YOU MUST ADMIT THAT IT SURE LOOKS LIKE BOTH THE SPECULATOR SHORTS AND THE BANKER SHORTS ARE HAVING SEVERE PROBLEMS TRYING TO COVER THEIR SHORTFALL WHICH CANNOT COME TO FRUITION. THE LONGS REMAIN STOIC AND NOTHING WILL BUDGE OUR SILVER LEAVES FROM DEPARTING OUR SILVER TREE. YESTERDAY’S TRADING IS EVIDENCE OF THAT

 In ounces, the OI is still represented by just OVER 1 BILLION oz i.e.  1.038 BILLION TO BE EXACT or 148{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 107 NOTICE(S) FOR 535,000OZ OF SILVER

In gold, the open interest ROSE by A MONSTROUS 11,747 with the RISE in price of gold ($4.95 yesterday.)  The new OI for the gold complex rests at 448,709. Yesterday we had the bankers supplying a major amount of short paper to newbie longs who entered the arena like gangbusters.  The specs shorts covered but at a higher price.No wonder a raid was orchestrated overnight with the intention of cooling gold’s jets. It seems that the raid failed again.  The bankers are losing control over the precious metal markets

we had: 193 notice(s) filed upon for 19,300 oz of gold.

Read More @ HarveyOrganBlog.com

The Witch Hunt for Donald Trump Surpasses the Salem Witch Trials of 1692-93

by Paul Craig Roberts, Paul Craig Roberts

We should be scared to death that Sally Q. Yates served as a prosecutor in the Justice (sic) Department for 27 years. In the New York Times Sally takes high umbrage to Trump’s criticism of his attorney general, Sessions, and blows Trump’s disappointment with Sessions into an attack by Trump on the rule of law. https://www.nytimes.com/2017/07/28/opinion/sally-yates-protect-the-justice-department-from-president-trump.html

Sally has it backwards. The rule of law is being attacked by the appointment of a special prosecutor to find something on Trump in the absence of any evidence of a crime.

In 1940 US attorney general Robert Jackson warned federal prosecutors against “picking the man and then putting investigators to work, to pin some offense on him. It is in this realm—in which the prosecutor picks some person whom he dislikes or desires to embarrass, or selects some group of unpopular persons and then looks for an offense—that the greatest danger of abuse of prosecuting power lies. It is here that law enforcement becomes personal, and the real crime becomes that of being unpopular with the predominant or governing group, being attached to the wrong political views or being personally obnoxious to, or in the way of, the prosecutor himself.”

Robert Jackson has given a perfect description of what is happening to President Trump at the hands of special prosecutor Robert Mueller. Trump is vastly unpopular with the ruling establishment, with the Democrats, with the military/security complex and their bought and paid for Senators, and with the media for proving wrong all the smart people’s prediction that Hillary would win the election in a landslide.

From day one this cabal has been out to get Trump, and they have given the task of framing up Trump to Mueller. An honest man would not have accepted the job of chief witch-hunter, which is what Mueller’s job is.

The breathless hype of a nonexistent “Russian collusion” has been the lead news story for months despite the fact that no one, not the CIA, not the NSA, not the FBI, not the Director of National Intelligence, can find a scrap of evidence. In desperation, three of the seventeen US intelligence agencies picked a small handful of employees thought to lack integrity and produced an unverified report, absent of any evidence, that the hand-picked handful thought that there might have been a collusion. On the basis of what evidence they do not say.

That nothing more substantial than this led to a special prosecutor shows how totally corrupt justice in America is.

Furthermore the baseless charge itself is an absurdity. There is no law against an incoming administration conversing with other governments. Indeed, Trump, Flynn, and whomever should be given medals for quickly moving to smooth Russian feathers ruffled by the reckless Bush and Obama regimes. What good for anyone can come from ceaselessly provoking a nuclear Russian bear?

The new Russian sanctions bill passed by Congress is an act of reckless idiocy. It was done without consulting Europe which will bear the cost of the bill and might reject it, thus sending shock waves through the fragile American empire.

Congress’ thoughtless bill is a violation of the separation of powers. Foreign policy is the executive branch’s arena. The feckless Obama put the sanctions on. Obviously, if a president can put sanctions on, a president can take sanctions off.

Trump should take his case to the American people, not via Twitter, but with a major speech. Fox News and Alex Jones, either of which has a larger audience than CNN and the New York Times, would broadcast Trump’s speech. Trump should make the case that Congress is over-reaching its constitutional authority and also preventing a reduction in dangerous tensions between nuclear powers. Trump should ask the American people forthright if they want to be driven into war with Russia by gratuitous provocation after provocation.

Because of the powers that Bush and Obama thoughtlessly gave the presidency, Trump can declare a national emergency, cancel Congress, and arrest whomever he wishes. Of course, the presstitute media would do everything possible to sway the people and the US military against the state of emergency, but if there were a real “Russian collusion,” Trump would have Putin initiate a major crisis that would bring the people and the military to Trump’s side. That no such thing will happen is total proof that there is no “Russian collusion.”

Even the Washington Post, an initiator and leader of the breathless “Russian collusion” lie has now published an article, “The quest to Prove Collusion is Crumbling,” that concludes that the entire orchestration is a hoax. https://www.washingtonpost.com/blogs/post-partisan/wp/2017/07/27/the-quest-to-prove-collusion-is-crumbling/?utm_term=.eba7acda8a67

As the Washington Post article says, “the story that never was is not happening.”

So the great “superpower America,” the “exceptional, indispensable country,” has wasted 7 months of a new presidency in a hoax when it could have been repairing the relations with Russia and China that were seriously damaged by the criminal Bush and Obama regimes. What are the utter fools that comprise the American Establishment thinking? Why do the morons want high tensions with the two powers that can remove the United States and its impotent European and British vassals from the face of the earth in a few minutes? Who gains from this? What is wrong with the American people that they cannot understand that they are being driven to their destruction? Insouciant America is clearly not a sufficiently strong term.

Read More @ PaulCraigRoberts.org

SENATOR LINDSAY GRAHAM: “USA IS PREPARED TO STRIKE NORTH KOREA”/GOLD UP $4.95 BUT SILVER FLAT

by Harvey Organ, Harvey Organ Blog

GOLD AND SILVER EQUITY SHARES FALL AGAIN/CHAOS RUNS SUPREME IN VENEZUELA/USA SANCTIONS ONLY MADURO SO FAR/GENERAL MOTORS REPORTS HUGE DROP IN AUTOS/ALSO USA REPORTS BIG DROP IN CONSTRUCTION SPENDING

In silver, the total open interest surprisingly  ROSE BY 862 contracts from 206,781 up to 207,643 WITH THE GOOD RISE IN PRICE THAT SILVER TOOK WITH RESPECT TO YESTERDAY’S TRADING (UP 9 CENT(S). IT SURE LOOKS LIKE BOTH THE SPECULATOR SHORTS AND THE BANKER SHORTS ARE HAVING SEVERE PROBLEMS TRYING TO COVER THEIR SHORTFALL BUT IT IS TO NO AVAIL. THE LONGS REMAIN STOIC AND NOTHING WILL BUDGE OUR SILVER LEAVES FROM DEPARTING OUR SILVER TREE. TODAY’S TRADING IS EVIDENCE OF THAT

 In ounces, the OI is still represented by just OVER 1 BILLION oz i.e.  1.038 BILLION TO BE EXACT or 148{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 71 NOTICE(S) FOR 355,000OZ OF SILVER

In gold, the open interest fell by 2,686 with the fall in price of gold to the tune of $1.60 yesterday.  The new OI for the gold complex rests at 436,962. Yesterday we had some banker short covering but it was minimal and this was accompanied by some longs entering the arena sensing danger due to the firing of that ICBM missile by North Korea. The shorts tried their best on the last day of options expiry to nullify any gains from option traders. The result a small open interest fall with that fall in price.

we had, ON second DAY NOTICE: 1309 notice(s) filed upon for 130,900 oz of gold.

Read More @ HarveyOrganBlog.com

Facial Recognition ID Begins To Spread From Planes To Trains

by Nicholas West, Activist Post

The march continues to accelerate toward a future of biometric ID for all travel.

Regular readers might know that over the past several months I’ve been covering some disturbing developments at airports in the U.S. and internationally that seem to show an acceleration of the plan to use biometric identification in a variety of ways.

On May 19th I reported on a new program initiated by Delta Airlines at Minneapolis-St. Paul airport to have automated baggage kiosks for “priority customers” that will first scan a traveler’s passport, then their face in order to match identity to checked luggage. It was promoted as a “pilot program” that Delta launched to seek customer feedback in the hope that it could be rolled out more widely in the future. That program has now entered phase 2 at Reagan National Airport with biometric boarding passes for rewards members.

JetBlue stated they will “test facial- and fingerprint-recognition technology at two U.S. airports to replace boarding passes, building on industry efforts to increase security and ease passage through airports.”

These stories were smaller pieces to a larger puzzle that U.S. Customs and Border Protection is attempting to solve per federal mandate. CBP announced on June 15th that they would integrate government databases with a private company to speed up biometric processing.

Moreover, the Department of Homeland Security has made it clear that biometric ID will eventually be mandatory for foreign travel, saying that “the only way for an individual to ensure he or she is not subject to collection of biometric information when traveling internationally is to refrain from traveling.” That’s right, no opt-out, just stay home.

OK, so no worries – airline travel sucks these days anyway, right? And most people probably can’t even afford it. Well, like every method of incremental control, it doesn’t stop where it begins; it just keeps gaining speed as it heads down the proverbial slippery slope.

So here we go – the BBC is reporting on “How facial recognition could replace train tickets.”

A facial recognition system designed to replace the need for tickets on trains is being tested in the UK.

An early version that uses two near-infrared lights to help a single camera determine texture and orientation of each pixel it captures was shown to BBC Click.

The system, being developed by the Bristol Robotics Lab, is being partly funded by government and the private sector.

Researchers told the programme that they believe it will successfully identify passengers without the need for them to stop walking and could replace ticket gates.

Read More @ ActivistPost.com

Keiser Report: Wall Street’s ‘Dean of Valuation’ (E1103)

by RT

In the second half Max interviews legendary investor, Jim Rogers, about China and Germany stepping up to lead the world as the U.S. retreats. They also discuss China’s One Belt, One Road policy and bitcoin as disruptors to U.S. hegemonic power.

GOLD UP $ 10.45 WITH SILVER UP 13 CENTS/GOLD/SILVER EQUITY SHARES FLOUNDER AT THE END OF THE DAY SIGNALLING A POSSIBLE RAID TOMORROW

EU IS FORCING 3 COUNTRIES TO ACCEPT MIGRANTS AGAINST THEIR WISHES/SWITZERLAND FOR ITS 2ND CONSECUTIVE MONTH EXPORTS MORE GOLD THAN IT IMPORTS: IT HAS 0 MINING OPERATIONS IN ALL OF SWITZERLANDfrom Harvey Organ:

In silver, the total open interest surprisingly ROSE BY 1352 contracts from 206,347 UP to 207,699 DESPITE THE FALL IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (DOWN 9 CENT(S). YESTERDAY AGAIN THE COMMERCIALS TRIED IN VAIN TO COVER BUT TO NO AVAIL. EVEN WITH THE HELP OF OPTIONS EXPIRY THEY COULD NOT GET THE SILVER LONGS TO LEAVE THE SILVER TREE. THE SPECS SHORTS ALSO DESPERATELY TRIED TO COVER THEIR SHORTFALL. RELUCTANTLY THE BANKERS CONTINUED TO SUPPLY THE SHORT PAPER.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.04 BILLION TO BE EXACT or 148{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 112 NOTICE(S) FOR 560,000 OZ OF SILVER

In gold, the total comex gold AFTER A ONE DAY HIATUS FELL BY A WHOPPING 13,506 CONTRACTS WITH THE FALL IN THE PRICE OF GOLD ($2.25 with YESTERDAY’S TRADING). The total gold OI stands at 450,321 contracts. The liquidation in the front month has now resumed where we left off on Tuesday as spec longs liquidated their comex contracts FOR EFP CONTRACTS which gives them a fiat bonus plus a future delivery product which most likely is a London based forward. (It was extremely strange yesterday to witness WEDNESDAY’s huge OI gain..maybe an error from the CME.)

we had 4 notice(s) filed upon for 400 oz of gold.

Read More @ Harveyorganblog.com

Keiser Report: MAGAnomics (E1102)

from RT:

In this episode of the Keiser Report’s annual Summer Solutions series, Max and Stacy talk to JP Sottile of Newsvandal.com about whether or not MAGAnomics will help make America Great Again. They discuss trade deals and automation: which has played more in making American jobs not so great. They also look at the role of opioid addiction and whether or not a universal basic income might help the likes of Mark Zuckerberg maintain monopoly-style control over the internet.

How Decentralizing Institutions Will Unite the Left and Right

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by Joe Jarvis, The Daily Bell: Big government is the problem!”

“No, big business is the problem!”

What if their coexistence on such a large scale is the real problem? They each rely on the other for power. A corporation is a government creation, with legal definitions which protect it from market forces. And government laws and regulations are largely designed by corporate special interests.

It is a vicious cycle which arguably fits the definition of fascism. The government doesn’t own the means of production, but it regulates industry to the point that it might as well. A corporation can work through the government to make any law or regulation it wants which will give them an unfair advantage or kill a competitor. The government even directly hands corporations money in the form of bailouts, subsidies, and grants!

At this point, it is impossible to disentangle big business and big government. So when we talk decentralizing institutions, it is not just the government which needs to be split up.

Of course, many on the left seem to think the government is the institution needed to reign in big business. This is an absurd contradiction; government is what made big business the cronyistic monster it is today.

Likewise, we cannot expect the market to reign in government. Current market conditions prove the easiest way to turn a “profit” is by cozying up to the government, not by pitting your business against it.

But the left and right should agree that having a choice is better than being forced according to the whims of the majority. Or has the left learned nothing from the election of Donald Trump?

There is a dangerous meme on the left that government can solve all problems if the right people are in power. They claim the people control the government by voting, and that over the long run, the majority will do the right thing–as long as the left has control over public education, the media, and free speech.

Read More @ TheDailyBell.com

STOP buying from AMAZON!

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from TheHealthRanger:

The Health Ranger explains why Amazon.com is a threat to your survival, sustainability and local community.