Thursday, March 21, 2019

After Jim Rogers, Marc Faber predicts a severe stock market crash


by Sushruth Sunder, Financial Express:

After Jim Rogers, who co-founded the Quantum Fund alongside George Soros, predicted that the “biggest crisis in his lifetime” is less than a year away; Marc Faber says that the US stock markets could correct by as much as 30-40{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}.

Marc Faber, popularly known as Dr Doom has predicted that the US stock markets could correct by as much as 30-40{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. In an interview to CNBC last week, Marc Faber said, “ You don’t see it. I don’t see it and nobody sees it. That’s why people continue buying stocks. Yet something will happen one day.” Explaining what may cause the plummeting of stocks he said, “It may come from a credit event, or a disclosure of a major fraud, or it may come because interest rates start to go up, although central banks remain on the dovish side. There are many small events that can trigger the decline.”

Explaining why he predicts an impending doom, Marc Faber said that even though corporate profits have been expanding and interest rates remain low in the United States, as opposed to 2009, the valuations are very high. “Hardly anywhere in the world valuations are low. Stocks as well as bonds are fully priced,” he pointed out.

Just last month, Jim Rogers, who co-founded the Quantum Fund  alongside George Soros, predicted that the “biggest crisis in his lifetime” is less than a year away. In an interview to Kitco news, Jim Rogers said, “We could see the worst crash in my entire life pretty soon.” Jim Rogers went one step ahead to say that it would be ‘bizarre’ if there wasn’t a problem. “We’ve had economic problems in the US, in North America, every four years since the beginning of the republic, to say that we’re going to have a problem is not unusual,” Jim Rogers had told in the same interview to Kitco. Jim Rogers observed that the 2008 financial crisis was caused due to a rise in debt, and since then the debt has gone through the roof. In fact, Alberto Gallo of Algebris Investments, in a blog written in July this year noted that global debt levels have almost quadrupled, rising 276{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in the last decade to $217 trillion.

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The Incestuous Nature of the IPCC Reports

Dr. Tim Ball, Watts Up With That:

In a thought-provoking and reasoned commentary that asks the question, “Is climate change controversy good for science? Craig Idso examines a comparison between the Intergovernmental Panel on Climate Change (IPCC) and the Non-Intergovernmental Panel on Climate Change (NIPCC) Reports. (Disclosure: I contributed material to the NIPCC Report). Idso’s article is a review and analysis of an article with the same title in Scientometrics, Jankó et al. (2017). Idso wrote,

Another interesting finding is seen in their examination of who each organization was citing. In-text analysis of the IPCC’s AR5 report revealed that 19 out of the 20 most frequently cited authors in that report were directly involved in the compilation of it. And though the remaining person, J. Hansen, was not officially involved in producing AR5, he participated in the production of at least one prior IPCC report (Third Assessment) as a Contributing Author. Similar analysis of the AR4 report revealed that 14 out of the 16 most frequently cited IPCC authors were involved with the writing of that report. Yet, here again, the remaining two individuals were directly involved in the production of the IPCC’s preceding Third Assessment Report. Such findings indicate the IPCC report authors are most intent on citing their own work, thereby promoting their own interests and findings above the work of others.

Just as Idso did with revealing Janko et al’s conclusion, I am going to save the denouementto the end.

This type of incest is no surprise to many involved in academia. One of the few intelligent things Prince Philip is reported to have said is that universities are the only truly incestuous organizations in our society. Almost everybody teaching in a university is a product of one. For the most part, they run the university by controlling the Senates, so you have the prisoners effectively running the prisons. Most university Presidents and Deans are promoted prisoners. There are many examples of non-academic presidents and department chairs who were pushed out by the academics in a pattern reminiscent of the politicians of the swamp rejecting the non-politician Trump. It is almost inevitable that any group will reject any person they consider not qualified to do the job. The qualifications used for this decision are the ones they created and protect. If you hire somebody who is ‘unqualified’ and it turns out they can do as good or even a better job, then your qualifications and control are undermined. You can add the IPCC to the list.

Everybody on the IPCC Report production, that is the actual research and written documents is selected and appointed by their home nations weather offices. This was the procedure set up by Maurice Strong through the United Nations Framework Convention on Climate Change (UNFCCC) using the UN agency the World Meteorological Organization (WMO), which is comprised of the bureaucrats and scientists at every national weather office. As Richard Lindzen, atmospheric physicist and Alfred P. Sloan Professor of Meteorology at the Massachusetts Institute of Technology said,

IPCC’s emphasis, however, isn’t on getting qualified scientists, but on getting representatives from over 100 countries, said Lindzen. The truth is only a handful of countries do quality climate research. Most of the so-called experts served merely to pad the numbers.

It is no small matter that routine weather service functionaries from New Zealand to Tanzania are referred to as ‘the world’s leading climate scientists.’ It should come as no surprise that they will be determinedly supportive of the process.

Another problem with politically driven research and the incestuous nature of academia and the IPCC is that they ignore any rules or information, especially criticism that doesn’t fit the agenda. Again, Lindzen identified the problem,

The IPCC claims its report is peer-reviewed, which simply isn’t true, Lindzen said. Under true peer-review, he explained, a panel of reviewers must accept a study before it can be published in a scientific journal. If the reviewers have objections, the author must answer them or change the article to take reviewers’ objections into account.

Under the IPCC review process, by contrast, the authors are at liberty to ignore criticisms. After having his review comments ignored by the IPCC in 1990 and 1995, Lindzen asked to have his name removed from the list of reviewers. The group refused.

Some argue that after early criticisms by Lindzen, Vincent Gray and others, the IPCC instituted a system of review by outsiders. The Janko et al study illustrates that it is a farce introduced purely to claim they are responding. It is the nature of incestuous groups that resolutions of problems are internal and rarely effectively implemented.

The Denouement.

Idso’s analysis provides a perfect example of Lindzen’s critique. In the conflict between Michael Mann’s ‘hockey stick’ research and the analysis of its inadequacies by McIntyre and McKitrick, two congressional committees combined to investigate. This became known as the Barton Committee and was a joint effort between the House Committee on Energy and Commerce and the Subcommittee on Oversight and Investigations. Letters were sent to IPCC Chairman Rajendra Pachauri, National Science Foundation Director Arden Bement, Michael Mann, Raymond Bradley and Malcolm Hughes. It directed the three scientists to provide data and methods and computer codes used to achieve their results.

The politicians knew they would be flummoxed by the science and statistics, so they empaneled an independent group of specialists to investigate and provide a report to assist their conclusions. This group became identified as the Wegman Report after its chairperson Edward Wegman of George Mason University.

In its Recommendations to the Barton Committee and thereby presumably to any future IPCC Report Wegman wrote,

Recommendation 1. Especially when massive amounts of public monies and human lives are at stake, academic work should have a more intense level of scrutiny and review. It is especially the case that authors of policy-related documents like the IPCC report, Climate Change 2001: The Scientific Basis, should not be the same people as those that constructed the academic papers.

The IPCC paid no attention as Janko et al., identified, and Idso underlined. They are another incestuous group following the academic tradition.

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GOOD TIMING: George Soros bought $42 million worth of puts on MGM Resorts earlier this year

What Was Going On With MGM Resorts In September?

by William Craddick, Disobedient Media:

On Tuesday, September 5th, 2017,  the board of MGM Resorts International decided to approve a $1 billion share repurchase program. At a net worth of $17.7 billion today, the program represented a significant portion of its current market cap. By the end of the week, MGM’s CEO, James Murren, had coolly divested himself of 80{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the shares he owned in his company. The divestment came just days before the ex-dividend date on September 8th, 2017.

The sales were originally disclosed in a document filed with the Securities and Exchange Commission (SEC). Murren had previously divested 57,269 shares on July 31st and August 9th, 2017.

It’s currently unclear why Murren chose to sell when he did. To date, MGM’s stock has not experienced a significant decline in value due to the repurchasing program. As the CEO of MGM, it runs against the company’s interests to convey a sense of urgency in the selling personal stock of shares immediately after the announcement of my company’s share repurchase program. It’s also strange that the CEO of a company would sell more than half of their stake (let alone 80{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}) in the company that they represented.

Mr. Murren and his fellow board members were not the only speculators who were bearish on MGM’s prospects. Billionaire investor George Soros also bought $42 million worth of puts on the company, according to SEC filings from mid August.

That point being made, it needs to be asked why any profit-oriented CEO of any company would sell 80{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of his personal stake in his own corporation, especially after he thought it was in the business’ best interest to initiate a massive share repurchase program which one would theoretically assume to reduce the number of shares in the company and increase the price of each share, ceteris peribus.

Why would the individual with the most information about the company sell 80{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of his shares immediately after the commencement of a program that most would consider positive for the stock? Shouldn’t he want to hold on to his shares? Is there something he knew, that others didn’t, that lead to so much movement in such little time? What a week!

On September 5th, 2017, 18 analysts were bullish on MGM, 1 had a hold rating, and 1 had a sell rating. Taking the events of September and October into consideration, has MGM’s picture heading forward improved, or worsened?

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by Carey Wedler, The Daily Sheeple:

The horrific shooting in Las Vegas Sunday evening continues to dominate headlines — and understandably so. As details continue to emerge and calls for gun control flood the national conversation, however, another familiar pattern is playing out: other vital stories are falling through the cracks.

Here are five to follow as the nation processes one of the largest mass shootings in U.S. history:

1. Tensions continue to escalate with North Korea: 

Often, headlines about North Korea dominate the news cycle at the expense of other important developments. But this week, President Trump’s saber rattling took a backseat to the violence in Las Vegas. On Sunday, he told Twitter he had advised Secretary of State Rex Tillerson he was wasting his time attempting to negotiate with North Korea — a method the North Korea has expressed openness to — tweeting:

Trump appeared to imply he preferred a military solution:

White House spokesperson Sarah Sanders also insisted this week that “now is not the time for talks.”

2. The U.S continues to drop bombs at an alarming rate, continually killing civilians:

A report released this weekend by monitoring group Airwars that received little attention (and, let’s be real, still would have been ignored even if the shooting Vegas hadn’t happened) reveals the wanton bombing the U.S. continues to unleash in the Middle East. As Anti-Media reported, “the organization found that in August, there was a sharp increase in the number of bombs the U.S.-led coalition dropped. This resulted in at least 433 civilian deaths in that month alone.” Civilian casualties were already high under Obama, but they have skyrocketed during the Trump presidency, which is unsurprising considering his administration’s apathetic view toward civilian life.

3. Puerto Ricans are still suffering in the wake of Hurricane Maria: 

On Wednesday, as much as 95 percent of Puerto Rico was still without power. On Monday, 88 percent of cell phone sites were still out of service, and millions of Puerto Ricans still lack food and water. As of Saturday, 55 percent did not have access to clean drinking water. Rescue efforts were initially stalled, and private organizations and citizens have picked up the slack where FEMA and the federal government have failed. Meanwhile, President Trump has evaded responsibility and, during his visit to the island this week, threw rolls of paper towels at Puerto Ricans.

4. IRS awards a no-bid contract to Equifax to protect Americans’ private data:

Last month, Equifax admitted they had fallen victim to one of the biggest data breaches in U.S. history. They waited over a month to reveal it to consumers, attempted to dupe them into relinquishing their right to sue in a class action suit, and also sent them to a compromised website where they were supposed to be able to learn if their data had been compromised. This week, it was revealed that the IRS awarded that same company a $7.25 million, no-bid contract to “verify taxpayer identities and help prevent fraud,” Politico reported. Also this week, Equifax announced an additional 2.5 million Americans may have had their personal information hacked. The IRS claims the company is the only one that can provide the services outlined in the contract and has drawn outrage from lawmakers on both sides of the aisle.

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Future Headlines


by Jeff Thomas, The International Man:

The following is a random assortment of headlines that we may see in the future. However, they’re not fanciful; they’re based upon historical, political actions taken by past empires when they were in decline. The wording, however, has been modernised to reflect current media presentation.

“President Announces Executive Order to Keep US Dollars at Home”

The accompanying article then goes on to describe that a financial crisis could be on the horizon, as US dollars are exiting the country. This is due to those people who are retired and who receive Social Security courtesy of the government but live overseas, where they spend America’s money. In order to ensure that a crisis doesn’t occur, the president declares that those who “threaten the country’s solvency” in this way will have their cheques ceased until they return to US soil, so that they can reinvest in the Greater Good of all their countrymen.

FBI Warnings Come to Pass—Domestic Terrorist Attacks in Five States. President Announces Emergency Measures”

Shootings occur in several states, all within a brief time period. The president orders martial law, citing the already established authorization under the Patriot Act and National Defense Authorization Act, which allows the suspension of habeas corpus. Although it’s initially announced as a temporary emergency measure, the country becomes a permanent police state.

“Recent Domestic Terrorism Incidents Linked to Inadequate Control of International Travel”

The accompanying article describes what FBI and CIA intel has “revealed”—that domestic terrorists travel in and out of the country at will and that, therefore, terrorist incidents could have been prevented if international travel were curtailed.

Most people today would agree that governments are becoming more restrictive and many of them are fearful that, in the future, there’s a danger that their liberties will be increasingly removed—a development they say they wouldn’t accept, were it to happen.

Yet, each time another liberty is impaired or removed, these same people shrug their shoulders and accept that the latest loss of liberty is “necessary” for the safety of all.

Why does this occur?

Well, each time a government seeks to curtail a freedom, the spin doctors devise a plausible explanation that suggests that the new restriction is being imposed for the good of the public.

This technique has worked well throughout history. Whenever a government chooses to oppress its people beyond the level that they’d normally accept, one of the most popular solutions is to capitalise on an existing event that instils fear in the people. If no such event occurs, it’s created, often as a false-flag incident—one where the government itself stages a threat to the security of the people, blames it on others, then offers to remove the threat by removing freedoms.

As John Adams said on many occasions, “Those who trade liberty for security have neither.” Quite so.

Whenever a country implements capital controls, migration controls, or any other significant loss of freedom, it’s a sure bet that that government is slipping in its ability to hold on to the customary cooperation of its people. Any government that’s steadily robbed its people of their ambition and/or prosperity finds that, at some point, those people begin to vote with their feet. They tend to first move their money to a jurisdiction that’s less restrictive. At some point, they tend to move themselves to a jurisdiction that allows them greater freedom and opportunity.

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Las Vegas Shooting: A Cryptic Note, Impossible Planted Rifle And Swipe Of A Key Card That Doesn’t Add Up


by Aaron Kesel, Activist Post:

There are holes galore over the official narrative of the Las Vegas shooting; even police are starting to admit that a single gunman could not have been responsible for the plot. It’s way too sophisticated, far too many people died and were injured, while the motive hasn’t been determined thus far. Too much doesn’t add up. It seems like every day we are given more questions than answers as evidence begins to drip out. Now a cryptic note with numbers has been disclosed by authorities.

It has almost been a week since one of the worst mass shootings in U.S. history but investigators, journalists, and armchair investigators are all left confused by what transpired in Las Vegas. There are so many theories, in fact, that YouTube has now tweaked its algorithm to protect you from questioning the official narrative, while regurgitating the mainstream media as an “authoritative source,” The Wall Street Journal reported.

“In response to criticism on social media of some search results this week, a person familiar with YouTube said the company is accelerating the rollout of planned changes to its search engine. On Wednesday night, the video service began promoting more authoritative sources in search results, especially pertaining to major news events, the person said. YouTube doesn’t disclose how it determines which sources are authoritative,” YouTube wrote in a statement.

The unthinkable, a shooting of a peaceful gathering for music interrupted by pelted gunfire which took the lives of 60 and injured hundreds of others. Perpetrated by the perfect criminal, a rich 64-year-old former accountant and real estate investor addicted to gambling who could afford 23 guns and thousands of rounds of ammunition for all of those firearms.

The shooting reportedly lasted five to fifteen minutes, though estimates vary according to the Washington Post.

While that in itself raises questions such as if there are multiple guns why would authorities rule out a second, third or even possible fourth shooter before any formal investigation? Especially since earlier police audio indicated that there might be more than one shooter.

The story certainly doesn’t end there. Since the October 1st shooting new facts have emerged as the “official narrative” of the shooting takes shape that just leaves you scratching your head thinking wtf?

The gunman set up cameras throughout the hall, under the serving cart and in front of the door to watch for police, yet now MSM news outlets are reporting that he may have been planning to escape. If true, his car had homemade explosives in it; so was he planning on martyrdom?

Yesterday, the narrative took an even more blurry weird turn as investigators finally admitted that a note was found on the scene but the note was alleged to be just numbers, no letters, just cryptic code according to authorities.

Las Vegas Metropolitan Police Department Undersheriff Kevin McMahill confirmed the revelation in Friday’s press conference:

McMahill said Friday afternoon that police have yet to determine “what those numbers are or mean.”

“In the past, terror attacks or mass murder motive was made very clear by a note that was left, by a social media post, by a telephone call that was made, by investigators mining computer data,” Undersheriff McMahill said.

“Today, in our investigation, we don’t have any of that uncovered. I wish we did. We will and are continuing to investigate with great tenacity and hope to arrive at an answer,” he added.

While a Las Vegas K9 police officer Dave Newton has alleged it was calculations about where the shooter needed to aim.

“I could see on it he had written the distance, the elevation he was on, the drop of what his bullet was gonna be for for the crowd,” Newton said. “So he had had that written down and figured out so he would know where to shoot to hit his targets from there.”

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F-35 – 25 Years In The Making And Yet To Enter A Combat Mission


from Rogue Money:

This article originally appeared at The Sirius Report on September 26, 2017. — JWS

Currently, the aircraft’s data processor is operating at maximum capacity and there will be a need to upgrade this capacity for the first increment of Block 4 to operate. In addition there is an acknowledgment that such a processor upgrade might not even be available until the second increment of Block 4, which would clearly impact the testing and delivery of the first increment of Block 4 capability. This would then mean that the Department of Defence would effectively be negotiating prices for those aircraft without knowing if or when the more advanced capabilities will be delivered and whether they will even be operational.

For a mere few million dollars and around 9 to 12 months testing, the project could have lowered the risk of pilot death or injury from 22 to 0 with respect to ejector seats and yet incredulously this was declined despite these minimal costs and associated timescales. In addition it has been reported that pilots and military planners alike have reported concerns about activating the ejection seat mid-flight which could snap a pilot’s neck, especially those that weigh around 150 pounds.

Since 2011, more than a dozen F-35A pilots have experienced breathing difficulties due to an improper mixture of oxygen and other gases during flight. The risk of hypoxia increases with altitude and therefore pilots require the correct mix and pressurised air to take such altitudes into account. Work is underway to seek to resolve these issues.

But perhaps the most damning aspect is that the US Department of Defense is considering retiring more than 100 F-35s from combat duty rather than upgrade them with a new software configuration. Currently 108 fighters are in need of a software upgrade from Block 2B platform to the combat-ready Block 3F. These upgrades are understood to be time-consuming and expensive with around 150 modifications needed in every aircraft to bring them up to the required standard. The fact that it might actual be cheaper to retire such F-35s from combat duty would seem to be an incredible oversight.

After 25 years of development, the F-35 has yet to enter into combat missions on a single occasion. Full production is slated for 2018 but given the history of this fighter aircraft we are not going to hold our breath.

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Major Break In Las Vegas Mandalay Massacre- Follow the Money


by Dave Hodges, The Common Sense Show:

“It ain’t what you don’t know that gets you into trouble.
It’s what you know for sure that just ain’t so.”

Mark Twain

The Las Vegas Mandalay Massacre, as I am labeling it has now left the realm of debating the forensics and we are now looking at money movement and even political affiliations. The investigation into this tragic event just went conspiratorial. It took the JFK assassination 25 years to reach the conspiratorial stage, we have achieved thsi milestone in less than a week with the Las Vegas event. Why? There are two primary reasons: (1) The technology for crime scene analysis is infinitely better, and (2) There was no Independent Media in 1963. Today’s Independent Media is doing a fantastic job of connecting the dots. They have even forced law enforcement to abandon their early narrative and admit there was more than one shooter.

Tipping Point Clues

Pardon the graphic analogy, but when a male dogs lifts its leg, you know what it is going to do. In a similar vein, the same can be said for a criminal. When a bad guy moves money it is for a reason. The best predictor future behavior is past action.

History doesn’t repeat itself, but it often rhymes

Mark Twain

A Stunning Parallel

There is clear and undeniable truth that there is a strong parallel between money movement prior to the “Gulf Oil Spill” and the present Mandalay Massacre in Las Vegas.

In a seven part series that I wrote, over time, following the April 20, 2010 Gulf Oil Spill, I concluded that the money movement prior to the Gulf Oil Spill showed the true criminal intent of the event. All of the primary players moved money just prior to the event in the Gulf.

Please allow me the latitude to briefly look back at the Gulf Oil Spill to establish a pattern of illegal money movement based upon prior insider knowlege. The pattern in the Gulf will quickly be linked the Vegas mass shooting event.

Former President Obama Profited Directly From the Gulf Oil Spill

On April 20, 2010, the Date of the Gulf Oil Spill, Obama had all of his money in Vanguard Investments (Vanguard I and Vanguard II). Vanguard was the biggest dumper of BP funds by volume by a long shot just weeks before the oil spill [Vanguard Windsor II Investor (-1,371,785)]. This added Obama to the list of suspected co-conspirators and maybe this explains why Obama, the EPA and the FDA were so quick to announce that the Gulf had bounced back and was“open for business.”

The top five stock dumping institutions of BP stock just prior to the spill included Goldman Sachs Asset Management, L.P. (-4,680,822),  Wachovia Bank National Association (-2,667,419) and it is important to note that Wachovia is a subsidiary of Goldman Sachs, thus, making this one tight little family of co-conspirators. We also see massive dumping of Sanders Capital, LLC (-1,371,785) and Pnc Bank, National Association( -1,177,413) brings noted globalist  George Soros into the conspiracy as well. Soros will become a central figure when the motives underlying the Gulf oil spill. The late Bob Chapman, while appearing the Alex Jones Show, revealed that  Obama’s only asset holder, Vanguard I and Vanguard II, dramatically sold off BP stock only few weeks before Gulf oil explosion.

“According to this FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama.”  “The FSB further estimates in this report that through Obama’s three accounts in the Vanguard 500 Index Fund he stands to make another $100 million over the next 10 years as their largest stock holding is in the energy giant Exxon Mobil they believe will eventually acquire BP and all of their assets for what will be essentially a “rock bottom” price and which very predictably BP has hired Goldman Sachs to advise them on.”

“… little known by the American people, their President Obama holds all of his wealth in just two Vanguard funds, Vanguard 500 Index Fund where he has three accounts and the Vanguard FTSE Social Index Fund where he holds another three accounts, all six of which the FSB estimates will earn Obama nearly $8.5 million a year and which over 10 years will equal the staggering sum of $85 million.”

In short, Obama knew what was coming in the Gulf in 2010.

BP CEO Dumped His BP Stock

In just another amazing set of  “coincidences”, BP’s CEO sold 40{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of his BP holdings in the weeks prior to the spill and paid off his mortgage on his estate in Kent, England. What an amazing stroke of luck for the former CEO of BP. He would have lost tens of millions if did not have the good fortune to pull out of BP when he did with as much as he did. And true to form involving the pattern of perpetuating a false flag event with media complicity, on June 8, 2010, less than six weeks following the oil spill, BP bought Google and Yahoo Search Terms in an obvious attempt to conceal as much of the truth as possible from the public. So much for fake news, right Google?

It is important to note that the owner of the oil rig that was blown up, Transocean, began an intimate relationship with fellow Gulf co-conspirator and orchestrator of this tragedy, Goldman Sachs, in 2007 as Transocean was merged into its current corporate state by the Wall Street giant. It does not take a great deal of imagination to understand why Goldman Sachs took an interest in creating the new look Transocean when one considers the “Stooge” role Transocean would soon play in the Gulf event, three short years later. The “new look” Transocean was now beyond the reach of the US government.

Also, do you remember when it was revealed that Goldman Sachs shorted Transocean stock immediately before the explosions sank the rig? This clearly meant that the preferred Transocean insiders had their stock values insured against the impending collapse of their stock’s value. This is a blatant example of foreknowledge plain and simple!
Readers might recall that in Part Five of the series I wrote on this incident, I revealed that Transocean insured the Deepwater Horizon oil rig with Lloyds of London shortly before the “accident?” Transocean did not just insure their oil rig, they double insured the rig and Transocean unashamedly walked away with a $270 million dollar profit immediately following the explosion. I think even the MSM would have a hard time spinning these facts. Instead, the MSM just fails to report the facts as they occurred.

Although it is early we are beginning to see the same behavior, in its early stages invovling the the ownership of the Mandalay Bay Hotel and Casino.

The More Things Change, the More They Stay the Same

There is a reason why old sayings hang around. Why? Because old sayings are usually true. Consider one old says that admonishes criminal investigators to “follow the money” if one wants to know the truth. It was true after JFK died (eg elimination of the C-Notes, the profits from the Vietnam War, etc). It was true with regard to the Equifax hacking breach in recent weeks as the executives of the “victimized corporation” dumped their stock prior to the event as well.

In the same pattern as we found in the Gulf Oil Spill and the Equifax hack, we are seeing the same thing with regard to the ownership fo the Mandalay Bay Casino.

We know that the MGM Grand owns Mandalay Bay Casino Hotel in Las Vegas, the sight of the biggest mass murder in American History. The pattern of money movement just prior to the Mandalay Masscre is all too familiar. The CEO of MGM Grand, James Murren, began dumping his MGM Grand Stocks in the weeks prior to the event, just like Goldman Sachs just prior to the Gulf Oil Spill.

Murren’s motive for money movement can only be attributed to two things: (1) It is a terrible coincidence that he dumped his MGM Grand stocks prior to this event; (2) Murren knew what was going to happen and dumped the stock to avoid the stock losses that would follow this event.

It is much simpler and believable that Murren knew what was coming when we look at how the 64 year-old, an out of shape, alleged assassin amazingly moved 200 pound crates of ammunition to the 32nd floor of the Mandalay Bay Hotel, WITHOUT DETECTION. And it is also explains how the alleged assassin could stockpile guns and ammunition over several days without detection from the Hotel maids in which he would have had to his “do not disturb sign” up for several days in a row without drawing any suspicion in a casino operation that is trained to recognize coming assaults upon its organization.

MGM Resorts International (NYSE:MGM) CEO James Murren sold 294,150 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $34.08, for a total transaction of $10,024,632.00. Following the transaction, the chief executive officer now directly owns 71,442 shares in the company, valued at $2,434,743.36.”

Suspicions Grow

As we look at the pre-Vegas event money movement more facts are coming to light. From USA Today as they quote Murren.

“As a lifelong registered Republican, I’ve crossed the aisle only a few times in elections past, and almost never at the presidential level. Each time, it was a gut-wrenching decision.

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The Las Vegas Massacre: The Media Narrative is Deceptive


by Edward Curtin. Global Research:

Cram them full of non-combustible data, chock them so damned full of ‘facts’ they feel stuffed, but absolutely brilliant with information. Then they’ll feel they’re thinking, they’ll get a sense of motion without moving.” –
Ray Bradbury, Fahrenheit 451, 1951

“It is not only information that they need-in the age of Fact, information often dominates their attention and overwhelms their capacities to assimilate it….What they need , and what they feel they need , is a quality of mind that will help them to use information and to develop reason in order to achieve lucid summations of what is going on in the world and of what may be happening within themselves.” – C. Wright Mills, The Sociological Imagination, 1959

The main stream media’s (MSM) ongoing narrative of the massacre in Las Vegas is clearly deceptive. This is nothing new. That is their modus operandi. Overwhelm people with a glut of information about a terrible tragedy and all becomes clear to people sick-at-heart over the deaths and injuries to innocent people. But it’s a false clarity engendered to confuse. Tell the story big and loud, and tell it repetitively from different angles, and it becomes hard to think straight, especially with the addition of all the sad stories of the innocent victims’ deaths and injuries. Who can forget the false official narrative that was spun amid the grief for all the innocent victims of the attacks of September 11, 2001. Few could think straight at the time.

The MSM tells us in detail about Stephen Paddock’s gambling life, his houses and real estate dealings, how much he paid for them, his gun collection numbering 47, including all those in his hotel room (23), the alleged exact number of rounds he had in his car (1,600), how he shot from his hotel room windows, etc. We are told what his brother and girlfriend say about him: they are shocked; he was just a regular guy; they can’t explain it. We are told how he got the room gratis, how long he stayed there, and that he was planning to escape (they say this with a straight face). Told how many people died (59) and how many were injured (527), we remember these numbers vaguely, especially the latter. A regular person just feels overwhelmed by all the information, the numbers; saddened and depressed for all the victims, and more afraid.

What the media do not say is that there is video and witness evidence that there were at least two more shooters, maybe more, one from a lower floor and another at the Bellagio Hotel that was locked down. This means that there was a conspiracy involved. They don’t mention this so that someone like me can do so and be branded a “conspiracy theorist,” the term created by the CIA to besmirch anyone questioning the official narrative of the JFK assassination.  You will notice that I am not – purposefully – linking to this evidence that I assert exists, nor am I raising more of the many questions surrounding this case. I am hoping that readers will research these matters themselves, and if they discover that there is evidence proving that there was more than one shooter, then, just as with the magic bullet absurdity in the JFK case, they will conclude, ipso facto, that the MSM are involved in a cover-up of a conspiracy, which is itself a conspiracy – afactual conspiracy, not a conspiracy theory. And if that is so, they will ask why, and who is being protected. Cui bono? Why would the MSM push this narrative of the lonely crazed gunman?

People need to realize that they must be immediately skeptical of such official narratives and do their own research, and they will learn that there are excellent alternative websites that are doing real journalism and are seeking truth for truth’s sake.

While this brief article is not a “lucid summation,” as Mills suggested we need, I offer it as a concise provocation to anyone reading this to develop their own sociological imaginations to achieve such lucidity at a time when propaganda is king and the pawns are being swept off the devil’s chessboard.

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Reflections of a Sell-Out


by Dr Jerome, TF Metals:

Two weeks ago, on FOMC day, I loaded a number of ammo-cans into my truck and drove down to the LCS to show them what was inside and see if they wanted to buy it. The contents were precious to me, containing most of my stack of silver and all of my gold. but I learned a few things about myself and about dealing in precious metals.

I need to learn more.

Overall, I felt OK about the decision because we were keeping two ammo cans full of junk silver as crash insurance. (Of course, WW3 could change things).

Why sell out? Well, an opportunity to purchase real estate presented itself, providing a multi-family property where our son could live and have a part time job managing for us. The time came to pay off some borrowed fiat and smash the champagne bottle against the side of the ship. This particular ship should provide a nice monthly retirement check for a long time, and is actually a nice property where one could hunker down.

Now it is time to begin saving and re-stacking again. A death in the family gave a good start as my wife and her siblings divided up dad-in-law’s stack. But I learned a few things about selling-out that morning on the phone with online dealers, and finally at the LCS, in the hour before Yellen took the microphone.

First, a large amount of silver is very heavy, and quite inconvenient to lug around. I had dug it up the day before, blaming the various holes in our back yard on the dog when a nosey neighbor peeked over the fence. Then, I did not sleep well, knowing our future security was sitting in convenient-to-carry ammo cans next to the couch in the living room until the next morning.

Second, I learned that dealers like to change-up their buy-back price on you. I got on the phone  with my favorite online dealer to lock in a sell price before the FOMC minutes were released. I knew to the penny what that metal was worth at spot. And I also knew dealers pay various prices for different forms of metal.  I gave a list of what I had to sell: 10 oz and 100 oz AG bars, gold eagles, and some one ounce generic gold bars in protective plastic cards. They said they would have to call me back with their price. 15 minutes later I was shocked to hear a price $3500 below spot—much less than they advertised as a buy-back price on their website. They must read TFMR–seems that they knew the smash was in the cards.

I told them, “Hold that thought.”  Then I imagined the work involved in double boxing that metal in several cartons to keep the weight under 30lbs each, the rolls & rolls of tape, then paying postage for the weight, tracking, and insurance. Not cheap. (140 lbs oz of metal, if you must know.) A few years ago I arbitraged my Franklins into bars at 5$ over spot and the package burst open in the mail. The Post office delivered it in two parts. No metal was lost. Whew! Dodged a bullet.

Third, selling online is not quick. I’d be spending all day getting this metal in the mail, then have to wait 5 business days, after arrival, before they mailed out a check… 2 weeks to get the fiat. The interest on the renovation loan was beginning to sting a bit—two more weeks meant another few hundred dollars.

So I told them “No deal” and took the metal to the LCS. I had expected to receive spot price for the big bars (as I was told several weeks earlier) and spot for the eagles, and 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} under for the little bars. By the time I arrived, I figured he’d lowball me like the online dealer. Expecting the worst, I was pleasantly surprised when his price was only $1200 under spot. I was disappointed he was dealing hard, but his offer was far superior. So we took it and walked out with a check that we took straight to the bank. Yellen spoke. Metals were smashed.

Fourth: The eff-ing check bounced!  We found out late Saturday afternoon and had to wait all weekend to go to his shop. I worried all day Sunday that his doors would be locked on Monday morning. I even wondered if I’d really want a bankrupt coin shop if I won a lawsuit against him. Part of me felt absolutely sick.

He was totally apologetic and did not defend himself in any way. We followed him straight to his bank where he first did some transferring, then had a cashier’s check issued. I am convinced it really was a simple error on his part. Fortunately, we had an account at that same bank so they honored the check instantly and credited our account. Whew! That was too close for comfort.

Even though the dealer had problems paying us, I still trust him… but not with a big sale again. In fact, I have no plans to ever make a big sale again. I prefer the $1000-ish sales where a buyer hands you cash over the counter, or title to property, or a car title, or a truckload of firewood.

In the aftermath, I feared that I’d have “Stack-Seller’s remorse” in a bad way. But it never hit me. My world did not end. It helped that metals prices continued to fall the following two weeks. I reviewed the risk/reward factors of our real estate purchase, versus the risk/ reward factors of holding the metal—or even getting caught without it when our dream day finally arrives. I felt good about the deal overall—especially since it gave us a property free & clear with no obligations to any banks. And I think I proved to myself that I am not motivated by mammon—that I really only serve one master.

We began planning how to budget and rebuild the stack, deciding I’d be a different kind of stacker in the future: smarter, shrewder, patient.

For starters, no more big bars. They are easy to count but, adding & subtracting the premium both ways puts them in the ballpark with Eagles or Maples, which do get spot price from the dealers. And as AGXIIK pointed out, when/if the AG price ever hits $100 per ounce, each big bar’s sale must be reported to the IRS. I don’t plan to have to sell the stack again, so when I do sell, it will be in smaller amounts, with smaller units of silver. The gold was so much easier to count, move, and brought a better price. Smaller denominations of gold will gain the same advantage—perhaps ½ ounce coins rather than a full ounce. And when we all may be forced to sell to survive, the economy around us will not be what it is today. Finding a dealer who can buy a large quantity may not be easy, or safe, nor would we want to sell it all at once then.

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Hard Censorship Hits the Internet


by Paul Craig Roberts, Paul Craig Roberts:

US Media Credibility Collapses

According to this report, YouTube has shut down all independent media coverage of the Las Vegas shooting in a desperate maneuver to protect the official narrative.

I cannot attest to the truth of this report. However, it has been brought to my attention that the video made from inside the hospital, which I provided in a link in my article , of what appears to be crisis actors carrying pretend wounded into the hospital has been taken down by YouTube. Clearly, if there are real wounded carried to the hospital, why at the same time have crisis actors acting the part? It seems obvious to me that the video was taken down, because those being carried are clearly not wounded and are not being handled in a professional way.

I am aware of books by former insiders that describe the CIA’s alliance with members of the media. When I was a member of the congressional staff, I was warned of the Washington Post’s collaboration with the CIA. And we have the case of Udo Ulfkotte, whose book, “Purchased Journalism,” was a best seller in Germany, but the English translation was yanked from the market. Ulfkotte, an editor with one of Germany’s main newspapers, wrote that he and most European journalists post articles handed to them by the CIA.

The way that the One Percent rules is by controlling the explanations. They do that through official statements endlessly parroted by the presstitutes who have sold their souls.

Remember, the presstitutes sold to the public the false story of “Saddam Hussein’s weapons of mass destruction,” the false story of “Assad’s use of chemical weapons,” the false story of “Iranian nukes,” the false stories about Gaddafi, about “Russian invasion of Ukraine,” about Afghanistan, and on and on. When the presstitutes are willing to lie at the expense of the destruction of millions of peoples, the infrastructures of the countries, and millions of refugees inflicted upon Europe, how can we believe the presstitutes about Las Vegas, Sandy Hook, etc., especially when contradictions in the official stories are never cleared up and in place of hard evidence we are given only assertions and photoshopped photos?

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