Wednesday, June 26, 2019

Keiser Report: Empire of Debt (E1114)

from RT:

Max & Stacy discuss the narcissism of central banks holding $15 trillion in their own assets. They also discuss Morgan Stanley saying that some of their investors see Bitcoin as a better hedge to inflation than gold. Max continues his interview with Dan Collins of TheChinaMoneyReport.com to discuss the looming trade war between the US and China, and the mountain of US treasuries owned by China.

TRUMP DEMANDS THE WALL OR ELSE HE SHUTS DOWN GOVERNMENT/GOLD RISES BY $3.35 AND SILVER RISES BY 9 CENTS

by Harvey Organ, Harvey Organ Blog:

THIS OUGHT TO SCARE YOU: THE WORLD’S LARGEST AD COMPANY (WPP) REPORTS LOUSY EARNINGS /AND GUIDANCE FOR THE REST OF THE YEAR: AWFUL!/NEW HOMES SALES DOWN 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} MONTH/MONTH

GOLD: $1289.00  UP $3.35

Silver: $17.07  UP 9 CENTS

Closing access prices:

Gold $1290.40

silver: $17.08

SHANGHAI GOLD FIX:  FIRST FIX  10 15 PM EST  (2:15 SHANGHAI LOCAL TIME)

SECOND FIX:  2:15 AM EST  (6:15 SHANGHAI LOCAL TIME)

SHANGHAI FIRST GOLD FIX: $1290.86 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1283.95

PREMIUM FIRST FIX:  $6.91

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SECOND SHANGHAI GOLD FIX: $1292.59

NY GOLD PRICE AT THE EXACT SAME TIME: $1285.60

Premium of Shanghai 2nd fix/NY:$6.99

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LONDON FIRST GOLD FIX:  5:30 am est  $1285.10

NY PRICING AT THE EXACT SAME TIME: $1285.90

LONDON SECOND GOLD FIX  10 AM: $1286.65

NY PRICING AT THE EXACT SAME TIME. $1287.65???

For comex gold:

AUGUST/

NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 3 NOTICE(S) FOR  300  OZ.

TOTAL NOTICES SO FAR: 4584 FOR 458,400 OZ  (14.258 TONNES)

For silver:

AUGUST

 

 15 NOTICES FILED TODAY FOR

 

75,000  OZ/

Total number of notices filed so far this month: 1104 for 5,520,000 oz

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end

 

As I have mentioned we are in options expiry week and you should expect pressure on gold/silver for the next 7 trading days. Gold and silver got a break today as Trump demanded his wall.  If he does not get the secured funding for the wall, he will shut down government as there will not be a signed budget agreement for 2018.  The USA has only 86 billion dollars left in the kitty and they burn around 3 billion per day. So they may run out by Sept 22 or Sept 23. Should be a very interesting September.

Let us have a look at the data for today

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In silver, the total open interest FELL by only 1400 contracts from 188,627 down to 187,227 with THE DROP IN PRICE THAT SILVER UNDERTOOK WITH  YESTERDAY’S TRADING (DOWN 3 CENTS). THE LOSS IN OI IS SMALLER IN COMPARISON TO THE LOSS IN OI IN GOLD AND THE CONSTANT TORMENT CAUSED BY OUR BANKERS.  THE BANKERS INITIATED THE PRICE DROP YESTERDAY WITH PAPER SHORTS AND THIS CAUSED SOME OF OUR NEWBIE SPECS TO EXIT. BUT GENERALLY THE ENTIRE SILVER COMPLEX REMAINS CALM

RESULT: A SLIGHTLY LOWER OI WITH A LOWER PRICE.

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.936 BILLION TO BE EXACT or 134{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 15 NOTICE(S) FOR 75,000OZ OF SILVER

In gold, the open interest FELL BY A CONSIDERABLE 5,386 CONTRACTS WITH THE FALL  in price of gold ($5.20 LOSS  YESTERDAY .). The new OI for the gold complex rests at 500,443.  THE BANKERS INITIATED A RAID YESTERDAY AS THEY INITIALLY SUPPLIED THE SHORT PAPER TO LOWER THE GOLD PRICE.  SOME OF OUR NEWBIE SPECS EXITED THE GOLD ARENA AND THE BANKERS COVERED A TINY PORTION OF THEIR  SHORTS.

Result: A LOSS IN OI with LOSS IN PRICE IN GOLD.

we had: 3 notice(s) filed upon for 300 oz of gold.

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

GLD:

Today, no changes in gold inventory:

Inventory rests tonight: 799.29 tonnes

IN THE LAST 28 TRADING DAYS: GLD SHEDS 37.68 TONNES YET GOLD IS HIGHER BY $56.50 .

SLV

Today:  WE HAD NO CHANGES IN SILVER INVENTORY TONIGHT:

INVENTORY RESTS AT 334.407 MILLION OZ

 

end

.

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

1. Today, we had the open interest in silver FALL BY 1400 contracts from 188,627 DOWN TO 187,227 (AND now A LITTLE FURTHER FROM THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) DESPITE YESTERDAY’S 3 CENT LOSS IN TRADING. SILVER REMAINED QUITE RESILIENT AND REFUSED TO LOWER IN PRICE DESPITE THE RAID INITIATED BY THE CROOKS. SOME NEWBIE LONGS EXITED THE ARENA BUT NOT MUCH. THE BANKERS STILL REFUSE TO SUPPLY THE NECESSARY SHORT PAPER! RESULT:  SLIGHTLY LOWER OI WITH A TINY LOWER PRICE.

(report Harvey)

.

2.a) The Shanghai and London gold fix report

(Harvey)

 

2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY:  Bloomberg

3. ASIAN AFFAIRS

i)Late TUESDAY night/WEDNESDAY morning: Shanghai closed DOWN 2.52 POINTS OR 0.08{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}   / /Hang Sang CLOSED HOLIDAY/ The Nikkei closed UP 50.80 POINTS OR 0.26{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Australia’s all ordinaires CLOSED DOWN 0.21{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Chinese yuan (ONSHORE) closed UP at 6.6631/Oil DOWN to 47.71 dollars per barrel for WTI and 51.59 for Brent. Stocks in Europe OPENED RED , Offshore yuan trades  6.6667 yuan to the dollar vs 6.6631 for onshore yuan. NOW THE OFFSHORE MOVED STRONGER  TO THE ONSHORE YUAN/ ONSHORE YUAN STRONGER (TO THE DOLLAR)  AND THE OFFSHORE YUAN IS MUCH STRONGER TO THE DOLLAR AND THIS IS COUPLED WITH THE WEAKER DOLLAR. CHINA IS  HAPPY TODAY

Read More @ HarveyOrganBlog.com

A totalitarian society has totalitarian science

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by Jon Rappoport, No More Fake News:

Over the past 35 years, I’ve exposed as least as much fraudulent science as any reporter around. That’s just a fact.

I mention it, because one would expect I’ve learned a few lessons in the process.

And I have.

Government-backed science exists because it is a fine weapon to use, in order to force an agenda of control over the population.

We aren’t talking about knowledge here. Knowledge is irrelevant. What counts is: ‘How can we fabricate something that looks like the truth?’

I keep pointing this out: we’re dealing with reality builders. In this case, they make their roads and fences and buildings out of data, and they massage and invent the data out of thin air to suit their purposes. After all, they also invent money out of thin air.

Since 1987, one of my goals as a reporter has been to educate the public about false science.

Between then and now, I have found that, with remarkably few exceptions, mainstream reporters are studiously indifferent to false science.

They shy away from it. They pretend “it couldn’t be.” They refuse to consider facts. They and their editors parrot “the experts.”

Official science has a stranglehold on major media. It has the force of a State religion. When you stop and think about it, official science is, in a significant sense, a holy church. Therefore, it is no surprise that the church’s spokespeople would wield power over major information outlets.

These prelates invent, guard, and dispense “what is known.” That was precisely the role of the Roman Church in times past. And those professionals within the modern Church of Science are severely punished when they leave the fold and accuse their former masters of lies and crimes. They are blackballed, discredited, and stripped of their licenses. At the very least.

Totalitarian science lets you know you’re living in a totalitarian society.

The government, the press, the mega-corporations, the prestigious foundations, the academic institutions, the “humanitarian” organizations say:

“This is the disease. This is its name. This is what causes it. This is the drug that treats it. This is the vaccine that prevents it.”

“This is how accurate diagnosis is done. These are the tests. These are the possible results and what they mean.”

“Here are the genes. This is what they do. This is how they can be changed and substituted and manipulated. These are the outcomes.”

“These are the data and the statistics. They are correct. There can be no argument about them.”

“This is life. These are the components of life. All change and improvement result from our management of the components.”

“This is the path. It is governed by truth which our science reveals. Walk the path. We will inform you when you stray. We will report new improvements.”

“This is the end. You can go no farther. You must give up the ghost. We will remember you.”

We are now witnessing the acceleration of Official Science. Of course, that term is an internal contradiction. But the State shrugs and moves forward.

The notion that the State can put its seal on favored science, enforce it, and punish its competitors, is anathema to a free society.

For example: declaring that psychiatrists can appear in court as expert witnesses, when none of the 300 so-called mental disorders listed in the psychiatric literature are diagnosed by laboratory tests.

For example: stating that vaccination is mandatory, in order to protect the vaccinated (who are supposed to be immune) from the unvaccinated. An absurdity on its face.

For example: announcing that the science of climate change is “settled,” when there are, in fact, huge numbers of researchers who disagree. —And then, drafting legislation and issuing executive orders based on the decidedly unsettled science.

For example: officially approving the release and sale of medical drugs (“safe and effective”) which go on to kill, at a conservative estimate, 100,000 Americans every year. And then refusing to investigate or punish the agents of these drug approvals (the FDA).

For example: permitting the widespread use of genetically modified food crops, based on no studies of their impact on human health. And then, arbitrarily announcing that the herbicide, Roundup, for which many of these crops are specifically designed, is non-toxic.

For example: declaring and promoting the existence of various epidemics, when the viruses purportedly causing them are not proven to exist or not proven to cause human illness (SARS, West Nile, Swine Flu, etc.)

A few of you reading this have been with me since 1988, when I published my first book, AIDS INC., Scandal of the Century. Among other conclusions, I pointed out that HIV had never been shown to cause human illness; the front-line drug given to AIDS patients, AZT, was overwhelmingly toxic; and what was being called AIDS was actually a diverse number immune-suppressing conditions.

Others of you have found my work more recently. I always return to the subject of false science, because it is the most powerful long-term instrument for repression, political control, and destruction of human life.

As I’ve stated on many occasions, medical science is ideal for mounting and launching covert ops aimed at populations—because it appears to be politically neutral, without any allegiance to State interests.

Unfortunately, medical science, on many fronts, has been hijacked and taken over. The profit motive is one objective, but beyond that, there is a more embracing goal:

Totalitarian control.

Read More @ NoMoreFakeNews.com

Former Russian Amb Kislyak Slaps CNN in Ambush Interview: ‘You Should Be Ashamed’ (VIDEO)

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by Joshua Caplan, The Gateway Pundit:

In an ambush interview on Wednesday, Russian ambassador Sergey Kislyak chided CNN for pushing the Russian interference narrative. ‘You should be ashamed,’ Kislyak told CNN reporter Matthew Chance.

Video source: Daily Caller

Washington Examiner reports:

The line of questioning appeared to be based off a March report from the network that said, “Current and former US intelligence officials have described Kislyak as a top spy and recruiter of spies, a notion that Russian officials have dismissed.”

CNN reporter Matthew Chance caught Kislyak exiting a car at a curb in Saransk, Russia.

“What about this allegation that you are a spy master, a spy recruiter?” Chance asked.

“Nonsense. Nonsense,” Kislyak replied.

“Did you attempt to recruit any members of the Trump administration?” Chance followed up

.”You should be ashamed,” Kislyak replied while chuckling.

While CNN continues to push the Russian interference narrative, WikiLeaks’ Julian Assange may be ready to push a narrative of his own, and it will be devastating to the very fake news network. In a major development, WikiLeaks founder Julian Assange told Rep. Dana Rohrabacher that he is ready to provide information proving Russia did not hack the Democratic National Committee.

Read More @ TheGatewayPundit.com

CNN’S DON LEMON ACCUSES TRUMP OF “TRYING TO IGNITE A CIVIL WAR”

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by Paul Joseph Watson, Infowars:

While alt-left attacked Trump supporters & threw rocks at police

CNN host Don Lemon accused President Trump of “trying to ignite a civil war” even as alt-left protesters were rioting in the streets and attacking Trump supporters.

“He has given oxygen to racists,” Lemon said. “He hasn’t really said anything [to] denounce the alt-right….He is clearly trying to ignite a civil war in this country. He has not tamped down race.”

Lemon subsequently read out a tweet by CNN commentator Ana Navarro in which she claimed Trump had “early-onset dementia.”

In a separate rant, Lemon accused Trump of being mentally unstable and attempting to “rewrite history” on Charlottesville.

Lemon’s charge that Trump is responsible for inciting a civil war is an interesting claim given that CNN has endorsed the very alt-left groups who have openly announced they will stage anti-Trump riots in an effort to bring about a civil war.

Even as Lemon spoke, violent alt-leftists were out in the streets throwing rocks at police officers, rioting and punching Trump supporters.

That was all Trump’s fault too, according to CNN.

Trump also specifically denounced neo-nazis and white supremacists during his speech, while also (accurately) identifying Antifa as a violent group.

Response to Lemon’s rant was brutal.

“As an experiment watched CNN’s Don Lemon’s opening diatribe of unending hostility to Trump. No wonder Trump attacked media intensely,” remarked Newt Gingrich.

Read More @ Infowars.com

WATCH: Veteran Owns Police Chief & Mayor After Cops Killed Unarmed Man

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by Matt Agorist, The Free Thought Project:

After citizens took over a city hall meeting to hold police accountable for a recent killing and subsequent beating, a veteran epitomized the situation perfectly.

Euclid, OH — Tensions among police and citizens in Euclid, Ohio have come to a head recently after police killed an unarmed 23-year-old man for unknown reasons and officers were seen on video pulverizing another man over a suspended license. A video uploaded to Facebook captured an articulate rant by a military veteran about these recent events, directed at the police chief and mayor, which epitomized these tensions perfectly.

In March of this year, a Euclid police officer, responding to a call about a man sitting in his vehicle, shot and killed 23-year-old Luke Stewart. The police department and the Bureau of Criminal Investigation have yet to give any reason for the shooting, and an investigation would later reveal Stewart was unarmed. Naturally, the citizens of Euclid are upset and want answers.

The family and citizens demanding answers as to why these recent events unfolded like they did came to a head this week as dozens of people took over a Euclid City Council meeting.

As FOX 8 reports:

The protesters are also calling for a comprehensive investigation into the policies, practices and tactics of Euclid Police.

They point to a recent traffic stop captured on video that shows a Euclid patrolman using his closed fists to strike 25-year-old Richard Hubbard numerous times in the face and head.

Officer Michael Amiott contends that Hubbard was resisting arrest. Amiott, who resigned from the Mentor Police Department in 2014 after his superiors accused him of being dishonest about a traffic stop, has been placed on paid administrative leave.

On Monday night, protesters confronted Euclid city officials about what they perceive as a disparity in justice. A member of Black Lives Matter said, “Your officers are backing each other after they hit black people, not just hit, beat.”

During the meeting, Euclid Police Chief Scott Meyer announced the suspension of the officer who beat Hubbard, noting that he will be suspended for 15 days without pay — the maximum number of days he could give officer Michael Amiott due to department rules.

After the announcement, one of the people attending the meeting, Damien Parker, confronted the police chief and the mayor to address the serious problem of corruption and brutality within their department. His well-worded rant was nothing short of epic.

“Whether or not you understand it, there are people like myself who have their hands on your reins,” Parker said, noting he has every intention of holding the police and mayor’s office accountable.

“I came up here to talk to you (mayor) and to you (police chief), so that those hands can still be on those reins,” Parker asserts, noting how he’s been respectful, before giving them an ultimatum.

“Now, if you think, for one second, that I am going to sit here and keep that same demeanor while you’re kicking folks out, or telling them you’re not going to speak or bring in your damn turtles (riot police) in here to start pushing people out, you got another thing coming,” Parker, who is wearing urban camo and a tactical vest.

“I promise you, that as good as your guys are, as seasoned as some of your guys are,” Parker explained, “my guys are that much better.”

“Let’s not do that,” Parker says of a potentially violent confrontation.

“Fire him,” Parker says of the cop who beat up Hubbard. “He’s a shit bag, and it’s obvious.”

Parker then goes on to inform the mayor and the chief that this community will no longer stand idly by as unaccountable cops continue to wreak havoc on the community.

While some may interpret his rant as threatening, it is important to point out that Parker is only demanding that police stop beating and killing people.

Below is the video of the total encounter.

Read More @ TheFreeThoughtProject.com

Guard Your Mind Like the Precious Resource It Is

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by Michael Krieger, Liberty Blitzkrieg:

I’m concerned about a better world. I’m concerned about justice; I’m concerned about brotherhood; I’m concerned about truth. And when one is concerned about that, he can never advocate violence. For through violence you may murder a murderer, but you can’t murder murder. Through violence you may murder a liar, but you can’t establish truth. Through violence you may murder a hater, but you can’t murder hate through violence.  Darkness cannot put out darkness; only light can do that. 

– Martin Luther King, Jr. (1967)

Something I’ve been working on personally is becoming more in control of my emotions and, more importantly, trying not  to immediately respond when something makes me angry. In order to do this, I’ve found it necessary to be conscious of the anger itself. Specifically, I’ve noticed that when we get angry we tend to move into a state of mind that is obsessively focused on the source of this anger. We dwell on how we were wronged over and over in our minds like an uncontrollable movie, which then makes us even more angry. In an attempt to stop the movie and momentarily feel better about the situation, we tend to lash out. It feels good for a second, but it almost never gets you anywhere.

Anger and fear are two emotions that serve important evolutionary purposes and certainly have their place, but I’ve found neither to be productive when it comes to solutions to serious problems, or to establishing better relationships with those you care about. When one is angry or fearful the instinctual response is to do whatever might make you feel better in the moment. Allowing oneself to react from a state of fear or anger will almost always lead to poor decision making, unless you are actually in a situation that requires such a response.

I discussed this concept in May’s post, Do Ends Justify the Means?

 

I think many people will quickly answer the question “do the ends justify the means” without putting enough thought into it. The question is meant to be considered when it comes to premeditated voluntary actions of questionable ethics taken with a defined objective in mind. It has nothing to do with matters of self-defense, or anything in that category. For example, if someone is coming at your family with an intent to inflict harm, the ethical decision might be to harm the aggressor to protect your family despite the fact that harming another person in itself is an immoral act. Pretty much everyone can agree with this, so it doesn’t add anything to the argument of whether the ends justify the means.

What about if you’re walking down the street and you see someone come from behind an old lady, hit her on the head and then struggle with her on the ground in an attempt to take her purse. You aren’t being directly attacked, so should you intervene with violence if necessary against the perpetrator to help an innocent bystander? Again, I think the right and ethical decision here is to step in to try to help the victim if possible.

In both these cases the negative “means” of violence you might be required to use against violent aggressors do indeed justify the ends — in the first instance the protection of your family, and in the second a vulnerable old lady. Given these examples, one might be led to believe that the ends can often justify the means, but I would argue that this only holds true in extreme examples such as the ones described above, and that for a principled person, the ends almost never justify the means.

When people seriously consider whether the ends of a particular action justify the means, it’s almost never in relation to scenarios like the ones described above for two reasons. First, those are extremely rare situations that many people (in the developed world at least) will only experience a few of times in the course of a lifetime, if that. On the other hand, many of us face constant but often overlooked ethical dilemmas on a daily or weekly basis. We all face situations where we are confronted with the choice to do something we know is wrong, but perhaps do it anyway either for instant gratification or in the pursuit of a larger goal.

The point is that most of us (at least here in the U.S.) rarely find ourselves in situations where the proper course of action would be to respond instinctually from a state of fear or anger. For most of us, the best course of action is to become aware of our anger and acknowledge that it is a normal response, but to also then recognize that this state of mind must be transcended in order to come up with conscious and productive ways to overcome the root problem. This is the wisdom the spiritual masters of all faiths throughout history have taught us. Easier said than done for sure, but that doesn’t make it any less true or important.

This is part of what it means to be more conscious, or aware. It means you’ve learned to acknowledge the constant presence of the crazy “monkey mind” which tends to dominate human thought. Recognizing it is the crucial first step, taming it is a whole other ballgame, and one I am only beginning to work on.

For the purposes of this piece, the key thing I want to hammer home is that people are much more easily manipulated when they don’t realize they’re being manipulated. Moreover, the easiest way to manipulate someone is to ensure they get in, and stay in, a state of either fear or angry, preferably both. Whether intentional or not, the media seems to be professionals at creating such an environment, which  is why it’s so important to tune from 90{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the nonsense they publish. It’s quite literally brain cancer.

It’s not just the corporate media though. I’m seeing it across the political spectrum, whether from “new right” pundits, or anti-free speech leftists advocating violence. Becoming your enemy to fight your enemy has become a new rallying cry for the unconscious across the political spectrum. “But they’re doing it, so now we’re gonna do it.” Is this political discourse, or toddlers throwing sand at each other in the playground?

The bottom line is if you ever hear anyone advocating such tactics run away from them as fast as you can. These people are poison.

Read More @ LibertyBlitzkrieg.com

Comparing The Colds Wars

by TF Ferguson, TF Metals:

Along with John Batchelor, a grim and somber Professor Cohen discussed last evening the latest twists and turns in The New Cold War which, according to John, has finally reached the point where we “blame Russia, at least in part, for everything that is disrupting to our (the American) version of peace and sanctimony”.

We’ve watched over the past four years as Russia is cast as the villain everywhere from Ukraine and Crimea to Syria. Now some are even suggesting that Russia supports neo-nazi groups in America and thus can be blamed for the events in Charlottesville: http://www.newsweek.com/leaders-charlottesvilles-alt-right-protest-all-have-ties-russian-fascist-651384  All the while, the US arms and trains ACTUAL NEO-NAZIS in Ukraine: http://www.zerohedge.com/news/2017-08-22/pentagon-denounces-american-nazis-while-arming-ukrainian-nazisThis is madness!!

Again, we thank John and Steve for their ongoing efforts to bring objectivity and fairness to this crisis. Please be sure to listen this week and every week as, sadly, The New Cold War only continues to worsen.

Read More @ TF Metals.com