Tuesday, February 7, 2023

They’re Censoring Vegas Shooting News – ‘The Ministry Of Truth’ AKA Tech Giants, Hide Differing Views To Control The Information And Manipulate The Masses

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by Susan Duclos, All News Pipeline:

YouTube is removing videos and Facebook is blocking people from sharing, and in one case that I know of so far, actually banning people from sharing any news on the Las Vegas shooting that doesn’t toe the line and spew only the “official story. They are doing this under the guise of protecting the masses from “fake news.”

CHAOS OF REPORTING & LIBERAL MSM DOUBLE STANDARDS

Having done many live update articles about events that were ongoing, I can personally vouch for the fact that during the event in question, information is reported, corrected, edited and updated, with a note at the bottom usually saying corrections and edits are being made as new information becomes available…….. that is what I call the chaos of reporting during a live event.

Mistakes happen, not just to Independent Media, but some very high profile MSM personalities have incorrectly named suspects in initial reporting, just to have to issue corrections later.

A perfect example of this was the Boston Marathon bombing, where multiple MSM reporters, including Ross Neumann from Reuters, Vice and Digg, former Politico reporter, and now Senior reporter for CNN, Dylan Byers,  all misidentified one of the bombing suspects. Another example is when The Daily Beast misidentified one of the San Bernardino shooting suspects.

No one accused these folks of deliberately publishing or sharing “disinformation,” because it falls under the category of “stuff happens,” during the chaos of reporting an ongoing event. Media outlets excuse these mistakes, offer corrections, and move on.

In the case of the Vegas shooter this past week, an Independent News site misidentified the shooter, inaccurately naming Geary Danley, who was the ex-husband of Marilou Danley, the woman that lived with the actual shooter Stephen Paddock, and all of a sudden what is considered chaos of reporting, and a mistake in the cases mentioned above when a MSM reporter or outlet does it, the left is screaming it was deliberate “disinformation,” and “Fake News.”

In the case of the Boston Bombing suspect, media outlets instantly highlighted that the MSM got the suspects name wrong because of some Reddit user, and in the case of the recent mistake by Gateway Pundit, they are accusing them of deliberately spreading fake news because of a theory posed on 4chan.

The only difference between the MSM misidentifying previous suspects and when Gateway Pundit did so, is the left and media outlets instantly blamed Reddit for “smearing” and innocent man when the MSM inaccurately reported, but in the case of the Vegas shooting they are blaming GP and calling it “fake news,” while accusing Facebook, Google and other platforms of allowing fake news to show up in their feeds.

No one said a word about that back in 2013 when the wrong person’s name was shared all over social media as a suspect for the Boston Bombing, or when The Daily Beast story named the wrong suspect in the San Bernardino shooting, but let an Independent Media site make the same innocent mistake and it is all of a sudden the crime of a century and demands for online censorship are blared in every headline.

Nice double standard there, eh?

FAKE NEWS VERSUS DIFFERING VIEWPOINTS

Facebook, Google and its video platform YouTube is now trying to appease the liberal media and leftists across the internet, while implementing measures to make them the “ministry of truth,” by tweaking their algorithms to remove what they determine is “fake news,” and in the process, under the guise of removing disinformation, they are also removing differing viewpoints if those views don’t align with the”official narrative,” being pushed by “authoritative sources.”
 

YouTube this week surfaced videos peddling misinformation, hateful messages and conspiracy theories to users searching about mainstream news events — problems that caused the site to change its search results to promote more authoritative sources.

For example, the fifth result when searching “Las Vegas shooting” on YouTube late Tuesday yielded a video titled “Proof Las Vegas Shooting Was a FALSE FLAG attack — Shooter on 4th Floor.” The video said there were multiple shooters in Sunday’s mass shooting, a claim refuted by law enforcement. Posted by a channel called the End Times News Report, it had amassed more than 1.1 million views in about 27 hours.

The video in question was taken by a taxi driver at the time of the shooting, showing what appeared to be muzzle flashes matching the timing of shots that could be heard fired. While some point out that a strobe light capturing those flashes was noted before the shooting started, and was not actually another shooter on the fourth floor, that is neither here nor there.

The point here is the video was highlighting something that appeared to be different from what was being reported, it was a differing viewpoint, taken live while events were occurring and was not put out to deliberately mislead, yet in response to criticisms that the videoreceived so much attention (now has 1.4 million views), YouTube is “accelerating the rollout of planned changes to its search engine,” by “promoting more authoritative sources in search results, especially for those about major news events.”
 

Jake Morphonios, who runs the End Times News Report along with a damaged-inventory-liquidation business in Kernersville, N.C., said the video eventually reached 2.5 million views. “It was a hot topic, of course, and was going to get some views anyway, but it really did get caught in [YouTube’s] algorithm and went viral from there,” he said. “Clearly it got into featured videos or something.” The 43-year-old said he has posted about 800 videos and typically gets about 5,000 views each.

Mr. Morphonios said YouTube gave his account its first strike for the video. YouTube terminates accounts that get three strikes within three months. He said he aims to offer viewers information on news events that mainstream news sources won’t. “I know I’m not as authoritative as The Wall Street Journal or New York Times,” he said. “I’m just a guy with a computer offering an opinion, and to get punished for that is draconian.”

We will get to those “authorative sources” later in the article.

YouTube is not only tweaking their search algorithms though, as noted in an email this morning by Tony over at A Minute to Midnite, YouTube is actively removing content that offers differing viewpoints, while Facebook is preventing sharing and has banned him from posting for a week because of his differing views.

Via the email:
 

Hi Susan, I made a 6 minute video the other day about the shooting. I used a screenshot of one of your articles in the videoand made sure it was clearly seen that it was ANP and you had written the article.

The video was up for about 2 days and had at least 34,000 views before Youtube took it down. Facebook also banned the video and has banned me from posting in any groups for a week. 

I subsequently have uploaded the video to our A minute To Midnite website and written an in depth article analysing some aspects of the shooting……..

The article provided analysis and information widely known at this point, but the banned videodetailed what they saw as Illuminati connections, numerology, and number occult numeric sequences, which is also analysed in the article, and because they were highlighting what they saw as an Illuminati connection, because that is not an “official” narrative by liberals and the giant tech companies like Google/Youtube and Facebook, his video was removed and his Facebook account blocked from sharing anything for a week.

The two examples above are the deliberate censorship by YouTube and Facebook of differing views, while the one below, is an example of how fake news goes viral.

In March 2017, there was a robbery and shooting on the Vegas strip. A woman published a video from inside the Bellagio, showing how the hotel was in lockdown, describing bullets flying, hiding under a table, saying I don’t know what the news is reporting, but this is what is happening here.

After the recent Vegas shooting which killed over 50 people and injured over 500 others, multiple people have re-uploaded that older video, claiming it was from the night of the Vegas massacre, offering it as proof there were multiple shooters. Because of the inconsistencies in the news that has been made public, which has many thinking we are not being told the entire story and the police scanner audio from that night where an officer says “two active shooters” were confirmed, some independent outlets have reported on the re-uploaded video, believing it was new.

The original re-uploaded video came out on October 2, 2017, titled “Las Vegas Proof Not one Shooter Last Night,” with the video description stating “Video taken last night during hotel lockdown at the Bellagio by Rene Downs. Mainstream media not reporting correctly on situation in Vegas.” A search directly for Rene Downs brings up four videos, the original and three others uploaded yesterday, all incorrectly associating the Bellagio lockdown from March with the shooting on October 1st.

The point here is that we have seen this time and time again, where an event happens and old videos are re-uploaded with claims that they are new and related to a recent event, they go viral and next thing you know people are reporting on it.

A look through the account that re-uploaded the Rene Downs video on October 2, 2017, indicates the channel owner has differing views from the MSM official narratives, but was most likely sent this Bellagio video and told it was new, not a deliberate attempt on his part to mislead, but whoever sent it to them, was deliberately trying to push fake news.

There is no easy solution to con-artists, they exist offline and they exist online, it is a fact of life, but YouTube, Facebook and Google thinking they have the right to ban, block, hide and punish any narrative that doesn’t toe the official line, labeling them all “fake news,” is not the answer to preventing these types of online cons. Cons will happen, it is up to us, readers and writers, to dig deeper and find the truth, it is not up to YouTube or other tech giants to declare themselves the “ministry of truth,” and hide whatever they don’t want people to see.

Read More @ AllNewsPipeline.com

Market Report: Lower in declining volume

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by Alasdair Macleod, GoldMoney:

Gold and silver drifted lower in declining volume. On Tuesday, the day of tonight’s Commitment of Traders report, gold’s Comex turnover fell to 211,897 contracts, compared with more normal days of 300,000 to 450,000. When turnover drops like this, it often indicates downside exhaustion and precedes a technical rally.

Gold fell a further $12 from last Friday’s close to $1268 in early European trade this morning (Friday), and silver by 10 cents to $16.59.

These are holiday numbers, and probably reflect China’s annual Golden Week holidays, which are this week. Ironically, it is the one week that’s not golden for markets, removing the largest source of physical demand for gold for a whole week. This is likely to be a big part of the reason why precious metal trading has ground to a halt.

If this is the case, there could be a pick-up in physical demand next week. More importantly perhaps, is the Chinese 19th Party Congress, which commences on 18th October, after which plans for future development are likely to be confirmed and will proceed. This should lead to renewed demand for base metals, likely to be reflected in futures prices in the coming days. There is therefore a reasonable prospect of silver prices outpacing gold.

Part of the reason for precious metals being weak is a continuing dollar rally. The USD Index Future has risen 3.1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} since 8 September, when gold topped out. Ms Yellen warned last week that USD interest rates may have to rise quicker than originally thought, and doubtless this has helped the dollar. It certainly gave sterling a boost when Mark Carney echoed her thoughts, though sterling has since declined on political turmoil, following the Conservative party conference.

The dogs that have yet to bark in the night are the European and Japanese central banks, still stuck with negative interest rates. However, the minor weakness in these currencies is likely to be temporary, once the interest rate debate devolves their way.

Our next chart shows the effect of gold’s recent weakness in the four major currencies.

Gold measured in euros is now down 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} on the year, and in sterling up only 4{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. It will be interesting to see whether these low prices stimulate public demand for physical metal.

Read More @ GoldMoney.com

Rationality Versus The Market

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by John Rubino, Dollar Collapse:

The late stages of financial bubbles are always tough for rational analysts. Focused as they are on the numbers, such analysts are relatively immune to the emotion that drives the action at market extremes, so they find themselves making predictions that turn out to be “wrong” for months and sometimes years.

Then the cycle turns and the rational analyst is vindicated – though often far too late for his bruised ego and diminished client base to easily recover.

[Recall the scene in The Big Short where hedge fund manager Michael Burry, after suffering months of abuse from his clients for shorting the 2006 housing bubble a bit early, is lambasted by a client who can’t believe Burry has, after the crash, gone long equities — because they’re clearly going to zero. In both cases Burry was right and his clients wrong, but he nevertheless closed up shop and quit the business.]

Anyhow, we’re there again, with governments manipulating all major markets to valuation levels at which previous crashes have occurred. This is leading analysts who focus on historical norms to issue warnings, which turn out to be wrong (stocks are setting new records as this is written), which draw derision from people who see no reason why the party ever has to end.

A good example is John Hussman, whose eponymous family of funds has been on the wrong side of this market for an uncomfortably long time. Yet he persists, because the numbers don’t lie. From his most recent report to clients:

So the mindset, I think, goes something like this. Yes, market valuations are elevated, but, you know, low interest rates justify higher valuations. Besides, there’s really no alternative to stocks because you’ll get what, 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} annually in cash? Look at how the market has done in recent years. There’s no comparison. Value investors who thought stocks were overpriced in recent years have been wrong, wrong, and wrong again, and even if they’re eventually right, being early is just the same as being wrong. The best bet is just to invest in a passive index fund for the long-term, and ignore the swings. There’s really no alternative.

What’s notable about this mindset is its excruciating reliance on three ideas. The first is that low interest rates “justify” rich valuations. The second is that market returns simply emerge as a kind of providence from a higher power, perhaps magical gnomes, or the Federal Reserve if you like, and that those returns have no particular relationship to valuations even in the long-term. The third is that market returns during the recent advancing half-cycle are an accurate guide to future outcomes.

In effect, stocks are viewed as good investments because they have been going up, and the evidence that stock prices will go up is that stock prices have gone up. Every additional market advance makes stocks look even better, based on past returns. Indeed, the more extreme valuations become, the more convinced investors become that extreme valuations don’t matter.

And that’s why we’re all gonna die.

A few insights may help to deconstruct this mindset. First, if one is going to invest one’s financial future in the stock market here, it’s worth making at least a cursory study of 5, 10 or even 20-year growth rates in population, labor force, productivity, S&P 500 revenues, earnings, real GDP, nominal GDP, and virtually every other measure of fundamentals. That exercise will quickly inform investors not only that the growth rate of fundamentals has persistently slowed from post-war norms in recent decades, but also that the underlying drivers of growth (primarily labor force demographics and productivity growth) are now running at rates that are likely to produce real GDP growth on the order of just 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} annually over the coming decade, while even a sizeable jump in productivity would likely result in sustained real GDP growth below 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} annually.

Unfortunately, this has implications for how one responds to interest rates, because the argument that “low interest rates justify higher valuations” relies on the assumption that the growth rate of underlying cash flows is held constant. Any basic discounted cash flow analysis will demonstrate that if interest rates are low because growth is also low, then no market valuation premium is “justified” by the low interest rates at all. Indeed, if both growth rates and interest rates are x{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} lower than their historical norms, then even a historically normal level of market valuation would be associated with subsequent market returns that are x{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} below historical norms. No valuation premium is required to produce this result.

The most reliable valuation measures we identify (those most strongly correlated with actual subsequent market returns) are about 2.5 to 2.7 times their historical norms here. Paying a valuation premium in this case simply causes prospective future market returns to collapse.

In order to provide the longest perspective possible, and also to offer a measure that can be easily calculated and validated should one choose to do so, the chart below shows my variant of Robert Shiller’s cyclically-adjusted P/E (CAPE), which has a correlation near 90{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} or higher with actual subsequent 10-12 year S&P 500 total returns in market cycles across history.

What investors presently take as a comfortable environment of pleasant market returns and mild volatility is actually, quietly, the single most overvalued point in the history of the U.S. stock market.

Read More @ DollarCollapse.com

The U.S. Justice System Must Focus on Elite Criminality

by Michael Krieger, Liberty Blitzkrieg:

Two very important articles published in recent days serve to once again highlight America’s metastasizing elite criminality problem. A problem which our justice system simply refuses to address. This corrupt two-tier justice system is something I’ve been focused on from the very beginning of my writings, and I continue to see it as a civilization-level threat for this country if not aggressively addressed and confronted in the very near future.

The two articles in question focus on different aspects of untouchable elite culture in America. The first relates to the continued fraud pervasive in America’s largest financial institution, while the second covers a thirty year history of predatory sexual behavior by one of Hollywood’s biggest moguls, Harvey Weinstein. In both cases, countless people have known and reported on repeated abuses perpetrated by both the institution and the man, yet the U.S. justice system and the vast majority of “elite” culture happily help shield them from justice. Predators are predators, and elite predators are far more dangerous to society that your average street crook, so why does our justice situation deal with it in the exact opposite way?

Let’s start with the blockbuster article published in The Nation by the always informative David Dayen. The article is titled, How America’s Biggest Bank Paid Its Fine for the 2008 Mortgage Crisis—With Phony Mortgages!

Here’s just brief excerpt:

JPMorgan’s share of the settlement was $5.3 billion, but only $1.1 billion had to be paid in cash; the other $4.2 billion was to come in the form of financial relief for homeowners in danger of losing their homes to foreclosure. The settlement called for JPMorgan to reduce the amounts owed, modify the loan terms, and take other steps to help distressed Americans keep their homes. A separate 2013 settlement against the bank for deceiving mortgage investors included another $4 billion in consumer relief.

A Nation investigation can now reveal how JPMorgan met part of its $8.2 billion settlement burden: by using other people’s money.

Here’s how the alleged scam worked. JPMorgan moved to forgive the mortgages of tens of thousands of homeowners; the feds, in turn, credited these canceled loans against the penalties due under the 2012 and 2013 settlements. But here’s the rub: In many instances, JPMorgan was forgiving loans on properties it no longer owned.

The alleged fraud is described in internal JPMorgan documents, public records, testimony from homeowners and investors burned in the scam, and other evidence presented in a blockbuster lawsuit against JPMorgan, now being heard in US District Court in New York City.

Sounds hard to believe, but it’s true. Not only that, but as we’ve come to expect from the “rule of law” in America, it somehow never applies to that group of people with the greatest ability to financially destroy people and their lives. Bankers. For example, here’s some more from the same piece:

Federal appointees have been complicit in this as well. E-mails show that the Office of Mortgage Settlement Oversight, charged by the government with ensuring the banks’ compliance with the two federal settlements, gave JPMorgan the green light to mass-forgive its loans. This served two purposes for the bank: It could take settlement credit for forgiving the loans, and it could also hide these loans—which JPMorgan had allegedly been handling improperly—from the settlements’ testing regimes.

“No one in Washington seems to understand why Americans think that different rules apply to Wall Street, and why they’re so mad about that,” said former congressman Miller. “This is why.”

Most of the loans that JPMorgan released—and received settlement credit for—were all but worthless. Homeowners had abandoned the homes years earlier, expecting JPMorgan to foreclose, only to have the bank forgive the loan after the fact. That forgiveness transferred responsibility for paying back taxes and making repairs back to the homeowner. It was like a recurring horror story in which “zombie foreclosures” were resurrected from the dead to wreak havoc on people’s financial lives.

Federal officials knew about the problems and did nothing. In July 2014, the City of Milwaukee wrote to Joseph Smith, the federal oversight monitor, alerting him that “thousands of homeowners” were engulfed in legal nightmares because of the confusion that banks had sown about who really owned their mortgages. In a deposition for the lawsuit against JPMorgan Chase, Smith admitted that he did not recall responding to the City of Milwaukee’s letter.

Few would expect Jeff Sessions’s Justice Department to pursue such a case, but what this sorry episode most highlights is the pathetic disciplining of Wall Street during the Obama administration.

JPMorgan’s litany of acknowledged criminal abuses over the past decade reads like a rap sheet, extending well beyond mortgage fraud to encompass practically every part of the bank’s business. But instead of holding JPMorgan’s executives responsible for what looks like a criminal racket, Obama’s Justice Department negotiated weak settlement after weak settlement. Adding insult to injury, JPMorgan then wriggled out of paying its full penalties by using other people’s money.

The larger lessons here command special attention in the Trump era. Negotiating weak settlements that don’t force mega-banks to even pay their fines, much less put executives in prison, turns the concept of accountability into a mirthless farce. Telegraphing to executives that they will emerge unscathed after committing crimes not only invites further crimes; it makes another financial crisis more likely. The widespread belief that the United States has a two-tiered system of justice—that the game is rigged for the rich and the powerful—also enabled the rise of Trump. We cannot expect Americans to trust a system that lets Wall Street fraudsters roam free while millions of hard-working taxpayers get the shaft.

Of course, this is just the latest when it comes to JP Morgan. I highlighted the firm’s rap sheet in last month’s post, Which is Fraudulent – Bitcoin or JP Morgan?

How many JP Morgan executives have gone to jail?

Now onto Harvey Weinstein, a guy whose cretinous behavior has been the biggest non-secret in Hollywood for decades. Just like with banker crooks, he mere settles cases and continues to walk around, freely hunting the next defenseless victim.

Read More @ LibertyBlitzkrieg.com

California Can Now Jail People For Misusing Gender Pronouns

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by Anders Hagstrom, The Daily Caller:

California can now start jailing people that refuse to use the preferred gender pronouns of nursing home residents after Democratic Gov. Jerry Brown signed the bill Thursday.

The law’s effect is limited to nursing homes and other long-term care facilities, but mandates that those who “willfully and repeatedly” refuse “to use a transgender resident’s preferred name or pronouns” can be slapped with a $1,000 fine and up to one year in prison, according to the California Heath and Safety code.

Known as the “LGBT Senior Bill Of Rights,” the legislation also requires nursing homes and care facilities to allow residents to use the bathroom of their choice, regardless of biological sex. The bill’s author, state Sen. Scott Weiner, argues that religious views don’t hold weight in public areas.

“Everyone is entitled to their religious view,” Wiener said. “But when you enter the public space, when you are running an institution, you are in a workplace, you are in a civil setting, and you have to follow the law.”

Wiener also released a statement thanking Brown for signing the bill.

“Our LGBT seniors built the modern LGBT community and led the fight for so many of the rights our community takes for granted today. It is our duty to make sure they can age with the dignity and respect they deserve,” Wiener wrote. “I want to thank Governor Brown for joining our coalition in supporting this bill, which will make a real difference in people’s lives. The LGBT Senior Bill of Rights is an important step in our fight to ensure all people are treated equally regardless of their sexual orientation or gender identity.”

Read More @ DailyCaller.com

9/11 Gave Us The Police State With The “Patriot” Act, After Vegas Get Ready For “USA Liberty” Act

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by Rachel Blevins, Activist Post:

After 9/11, the United States government preyed on the fear felt by many Americans to justify the passage of the USA Patriot Act—a law that was supposed to prevent future terrorist attacks. Now, after the Las Vegas shooting, the government has another proposed law ready to go, and just as with the Patriot Act, it also infringes on Americans’ liberties, and does very little for their security.

The USA Liberty Act is the latest trendy name for a law that would reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA), which is set to expire on Dec. 31, 2017. According to the House Judiciary Committee, the act would preserve “the core purpose of Section 702: the collection of electronic communications by non-U.S. persons for use in our nation’s defense.”

However, it should be noted that while the purpose of FISA was reportedly only to allow surveillance on the communications of foreign targets who were suspected terrorists, it has been used to spy on the communications of innocent Americans—despite the practice being ruled illegal—and any reauthorization of the law will only allow the practice to continue under the guise of “preventing terrorism.”

The USA Liberty Act claims that it will “better protect Americans’ privacy” by requiring the government to have “a legitimate national security purpose” before searching an individual’s database. Then when they do have that purpose established, they will be required to “obtain a court order based on probable cause to look at the content of communications, except when lives or safety are threatened, or a previous probable cause-based court order or warrant has been granted.”

But what the USA Liberty Act does not advertise is the fact that it does not actually address the legitimate problems that exist with Section 702. The FBI’s “legitimate national security purpose” could be justified by just about any reason the agency chooses to give, and agents will only need supervisory authority in order to search Americans’ metadata.

One of the most important things to remember about Section 702 is that, as the Constitution Project noted, it gives domestic law enforcement agencies access to the data seized by the NSA, while allowing the NSA to “retain and disseminate Americans’ communications that may contain any evidence of any crime.”

In a press release on the new act, the House Judiciary Committee bragged about the “bipartisan success” of the USA Freedom Act in June 2015, claiming that it “ended the bulk collection of data, protected civil liberties and national security, and provided robust oversight and transparency of our vital national security tools.”

However, as The Free Thought Project reported in May 2015, the USA Freedom Act “doesn’t actually end or suspend the phone records program, but simply requires phone companies to hold onto these records rather than the NSA.” It also authorized, for the first time, “the NSA, FBI, and other government agencies to unconstitutionally collect data in bulk on potentially millions of law-abiding Americans,” and it let the NSA collect “cell phone records in addition to the landline call records.”

Read More @ ActivistPost.com

Koos Jansen: Four Paragraph Article DEBUNKS Silver Price Suppression

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from SilverDoctors:

Koos Jansen has shared a 4 paragraph article that shreds the belief that the silver price is suppressed…

First, the public tip:

And here’s the four paragraph reason why there is no silver price suppression:

Embracing the belief that a bank or a cartel of banks has suppressed the prices of gold and silver for decades via the short-selling of futures contracts is like adopting a child. It’s a lifetime commitment through thick and thin, meaning that once this belief takes hold there is no amount of evidence or logic that can dislodge it.

Entering a debate with someone who is incapable of being swayed by evidence that invalidates their position is a waste of time and energy, so these days I devote no TSI commentary space and minimal blog space to debunking the manipulation-centric gold and silver articles that regularly appear. However, Keith Weiner has taken on the challenge in a recent post.

Keith’s article is brilliant. In essence, it proves that the silver market has NOT been dominated by the “naked” short-selling of futures. His arguments might not be as interesting as many of the manipulation stories, but they have the advantage of being based on facts and logic.

Don’t get me wrong; for as long as I can remember it has been apparent to me that gold, silver and all the other important financial markets are manipulated. However, it is also apparent to me that the price manipulation happens in both directions and never overrides the fundamentals for long. Of course, to see that this is the case you first have to know what the true fundamentals are.

Thank goodness it’s settled.

All this time, we thought there was an incentive for the governments and central banks around the world to keep the silver price artificially low.

We sure are glad that silver is worth $16.62 an ounce and not one single penny more.

Perhaps we should start stacking some other market-efficient similarly priced commodity that’s been around for thousands of years too:

Read More @ SilverDoctors.com

Migration of the Tax Donkeys

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by Char:les Hugh Smith, Of Two Minds:

Dear local leadership: here’s the formula for long-term success.

A Great Migration of the Tax Donkeys is underway, still very much under the radar of the mainstream media and conventional economists. If you are confident no such migration of those who pay the bulk of the taxes could ever occur, please consider the long-term ramifications of these two articles:

Stanford Says Soaring Public Pension Costs Devastating Budgets For Education And Social Services

Which American Cities Will File Bankruptcy Next?

Allow me to summarize for those who aren’t too squeamish: a lot of cities and counties are going to go broke, slashing services and jacking up taxes, all to no avail. The promises made by corrupt politicos cannot possibly be kept, despite constant assurances to the contrary, and those expecting services and taxes to remain untouched will be shocked by the massive cuts in services and the equally massive tax increases that will be imposed in a misguided effort to “save” politically powerful constituencies and fiefdoms.

These dynamics will power a Great Migration of the Tax Donkeys from failing cities, counties and states to more frugal, well-managed and small business-friendly locales. I’ve sketched out the migration in this graphic: the move by those who can from incompetently managed and/or corrupt cities/counties/states to more innovative, open, frugal and better managed locales.

Unlike Communist regimes which strictly control who has permission to transfer residency, Americans are still free to move about the nation. This creates a very Darwinian competition between sclerotic, corrupt, overpriced one-party-dictatorships whose hubris-soaked political class is convinced the insane housing prices, tech unicorns, abundant services, and a high-brow culture ruled by an artsy elite are irresistible to everyone, and locales that are low-cost, responsive to their Tax Donkey class, welcoming to new small businesses, employers and talent, unbeholden to a politically-correct dictatorship and conservatively managed, i.e. not headed for insolvency.

Not everyone can move. Many people find it essentially impossible to move due to family roots and obligations, poverty, secure employment, kids in school, and numerous other compelling reasons.

However, some people are able to move–typically the self-employed independent types who can no longer afford (or tolerate) anti-small-business, high-tax municipalities and their smug elitist leadership that’s more into virtue-signaling than creating jobs and a small-biz conducive ecosystem. (Giving lip-service to small-biz doesn’t count.)

Memo to hubris-soaked politicos and elites: in case you haven’t noticed, an increasing number of the most talented and experienced workers can live anywhere they please and submit their output digitally. In other words, they don’t have to live in Brooklyn, Santa Monica or San Francisco.

This is the model for many half-farmer, half-X refugees I’ve described elsewhere: people who are moving to homesteads with the networks and skills needed to earn a part-time living in the digital economy. In a lower cost area, they only need to earn a third or even a fourth of their former income to live a much more fulfilling and rewarding life.

Read More @ OfTwoMnds.com

The Las Vegas Massacre (Full Story)- Jim Fetzer, Dean Ryan and Marine John Anderson Speaks

from Truth Be Told TV:

Professor James Fetzer Ph.D and Dean Ryan tell the full story of ‘The Las Vegas Massacre’ from all different perspectives. Interview with Former Marine John Anderson who was a on the ground witness to the massacre. 

Fully-automatic gunfire heard from ‘close’ range, street level, during Vegas shooting: Video

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from Intellihub:

Video evidence surfaces on YouTube suggesting that there may have been more than one shooter firing fully-automatic weaponry during last Sunday’s massacre

LAS VEGAS (INTELLIHUB) A couple captured their escape from the venue on video during last Sunday’s deadly massacre which took place at the Route 91 music festival outside the Mandalay Bay which has since been uploaded to YouTube.

The video and audio show how the couple traversed there way outside the venue to safety as the mayhem ensued.

But most importantly, in the video, fully-automatic gunfire and its echo can be heard in the distance the entire time allowing the viewer to gauge that the shots are in fact coming from the distance, likely over 1000 feet away or more as official police reports indicate. However, as the couple made it farther away from the gunfire all of a sudden a very close volley of fully-automatic gunfire could be heard in real close proximity.

At about 49:06 into the video, the couple decides to go hide behind a bush. (Pay close attention to what happens next)

“Stay right here behind this bush,” the man tells the woman. “We don’t know what the fu*k is going on right now.”

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