Tuesday, January 15, 2019

Financial Experts Release Video on How Wall Street Loots the U.S. Economy

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by Pam Martens and Russ Martens, WallStOnParade:

If you feel lost in the cacophony of contrasting claims that Wall Street was adequately reformed under the Dodd-Frank legislation of 2010 or that it remains an insidious wealth transfer system for the 1 percent, then you need to invest one-hour of your time to listen carefully to some of the smartest experts in America address the topic.

A free one-hour video is now available (see below) which should settle the debate once and for all that the Dodd-Frank legislation of 2010 has failed to deliver the needed reforms to Wall Street’s corrupt culture and fraudulent business models and that nothing short of restoring the Glass-Steagall Act is going to make the U.S. financial system safe again.

Don’t let the grainy quality of the video turn you off (it was made from a live webinar): the integrity of the voices will quickly reassure you that you are watching something powerful and critical to the future of the U.S.

The background of the participants is as follows:

Dr. Marcus Stanley is the Policy Director of Americans for Financial Reform, a coalition of more than 250 national, state, and local groups who have come together to advocate for reform of the financial sector. Stanley has a Ph.D. in public policy from Harvard University and previously worked as a Senior Economist at the U.S. Joint Economic Committee.

Nomi Prins is a renowned author whose last book, All the Presidents’ Bankers, is a seminal work on the problematic relationships of Wall Street bankers and U.S. presidents over the past century. Prins is also a respected former veteran of Wall Street investment banks where she reached a top rung as Managing Director of Goldman Sachs.

Bartlett (Bart) Naylor is the Financial Policy Advocate for the nonprofit, Public Citizen, which since its founding in 1971 has served as the voice of the American people in Washington D.C. Naylor is an expert on corporate governance, financial markets and shareholder rights and previously served as Chief of Investigations for the U.S Senate Banking Committee.

Heather Slavkin Corzo is the director of the AFL-CIO Office of Investment and served as the chair of the Americans for Financial Reform task force on derivatives regulation from 2010 through 2013. Corzo holds a law degree from Boston University School of Law.

Also appearing in the video is Mayo Makinde, representing Our Revolution in NW Ohio. The grassroots organization, an outgrowth of Senator Bernie Sanders campaign for President in 2016, has been an active supporter of the restoration of the Glass-Steagall Act.

In the video presentation, Prins addresses the new market bubbles that are occurring today and which pose a serious risk to U.S. financial stability. One dangerous area says Prins is that the Collateralized Debt Obligations (CDOs) that played a major role in blowing up Wall Street in 2007-2008 are still being created but are now called BTOs (Bespoke Tranche Opportunity.)

On August 23 of this year, the Financial Times wrote about the BTOs, noting the following:

“Bespoke tranches are created by allowing investors to pick a bundle of about 100 different ‘single-name’ credit defaults swaps — derivatives that reflect market perceptions of the named company’s creditworthiness. The bundle is then sliced into ‘tranches,’ offering different levels of risk and return…Citigroup is the largest bank counterparty for such trades, according to investors and traders, with JPMorgan Chase and BNP Paribas also active. The resurgence of interest has pushed other banks, such as Goldman Sachs, to begin looking at expanding trading in the product as well.”

Wall Street On Parade has previously highlighted how Citigroup, the bank at the center of the crisis in 2007 and 2008 and the recipient of the largest taxpayer bailout of a bank in U.S. history, has continued to pile into some of the riskiest areas of the market. (See Bailed Out Citigroup Is Going Full Throttle into Derivatives That Blew Up AIG.)

Stanley explains how the repeal of the Glass-Steagall Act led directly to the financial crisis on Wall Street and the greatest economic collapse since the Great Depression. Stanley says that when “you repealed Glass-Steagall you took down those firewalls between the different parts of the financial system and you allowed these mega banks to grow; that combined the support for the commercial bank (the government-guarantee to your insured deposits) and the capital markets activity of the big investment banks. And all of those giant mega banks were simultaneously involved in the same fraudulent business models.”

Read More @ WallStOnParade.com

Texas church massacre survivor says there was a shooter “on top of the roof”

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“The shots were coming from on top of the roof they were not coming from anywhere else”

from Intellihub:

A woman who survived Sunday’s mass shooting at the First Baptist Church where 26 people lost their lives said that her and another survivor “know” that shots were raining down into the room from above and that the shooter was “on the roof.”

“I didn’t just hear them, I saw them, and then people went down.” the woman said in a brief interview with ABC News from the hospital.

According to the witness, the shooter “reloaded” his “shotgun” twice “on top of the roof at the church” before a third volley was fired at churchgoers from inside the room.

“He was on top, that’s how I got shot back here,” the woman explained while pointing toward her shoulderblade. “He was shooting the shots down on the floor in the church and the kids were all scattered on the bottom of the benches. […] The shots were coming from on top of the roof they were not coming from anywhere else.”

The woman then explained in detail how she could hear the shots pass by her ears before visibly seeing the bullets embed into the carpet and wood floor.

Read More @ Intellihub.com

 

 

BOMBSHELL science paper documents the depopulation chemical covertly spiked into vaccines

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by Mike Adams, Natural News:

ust days after the release of a jaw-dropping video lecture called the Science Agenda to Exterminate Blacks, a bombshell science paper has emerged that confirms the use of covert sterilization chemicals in World Health Organization vaccines deployed in Africa. Entitled, “HCG Found in WHO Tetanus Vaccine in Kenya Raises Concern in the Developing World,” the paper documents the covert deployment of an infertility chemical in vaccines that are administered to young black women in Kenya:

Oller, J.W., Shaw, C.A., Tomljenovic, L., Karanja, S.K., Ngare, W., Clement, F.M. and Pillette, J.R. (2017), HCG Found in WHO Tetanus Vaccine in Kenya Raises Concern in the Developing World. Open Access Library Journal, 4: e3937.
https://doi.org/10.4236/oalib.1103937

The paper confirms exactly what Natural News reported earlier in the week: That a covert depopulation program is being run by the World Health Organization, targeting Africans for extermination via infertility chemicals administered under the guise of “vaccines.” These vaccines, notably, contain chemicals that are administered without the informed consent of the women being injected. In fact, the women are deliberately lied to and told the injections are meant to “protect your health.” But the real reason for the shots is to exterminate blacks in the name of “science” and “medicine.”

I’ve detailed all this in this powerful one-hour lecture that’s already getting rave reviews across the ‘net. Watch the full lecture below, and visit Eugenics.news for more coverage of race-targeted extermination efforts being waged today under the banners of “science” and “medicine.”

GreenMedInfo nails it in story by Jafferey Jaxen

A solid analysis of all this comes from Jafferey Jaxen writing for GreenMedInfo. That story, republished here with credit, is entitled, “CAUGHT: WHO’s Anti-fertility Vaccination Program Chronicled In New Paper.”

Has the World Health Organization (WHO) been purposely misleading women in developing countries into thinking they are protecting them and their future children from tetanus while in fact robbing women of their fertility and the very children they wanted to protect? 

A highly concerning new paper has been published in The Open Access Library Journal titled, “HCG Found in WHO Tetanus Vaccine in Kenya Raises Concern in the Developing World.” The implications of the information contained within this paper, if true, have the potential to shift paradigms and threaten the hegemony of global organizations who are ostensibly concerned about the health and welfare of the world’s populations. What findings can threaten to do such a thing?

To understand the full breadth of the findings, it is first important to know some key historical facts. The World Health Organization was established in 1945 and immediately embraced the tenet of family planning, which was later referred to as “planned parenthood as a necessity for world health.”

Around 1972, the WHO research program for developing a birth-control vaccinecommenced. The WHO birth-control vaccine involved linking the tetanus toxoid (TT) with the beta portion of the human pregnancy hormone chorionic gonadotropin (hCG). This combination directs the immune system to produce antibodies not only against TT but also against hCG, causing miscarriages in already pregnant recipients and infertility in those not yet pregnant. The results were announced and celebrated by WHO researchers as the first “anti-fertility” vaccine in 1976 during a meeting of the US National Academy of Sciences.

Around the same time, the US National Security Study Memorandum 200, also known as the Kissinger Report, became official US policy in 1975, calling for reducing the population grown in “less developed countries” to near zero by means of “reducing fertility.”

Fast forward to 2010 when Bill Gates, whose father headed up Planned Parenthood after WWII, and the Bill and Melinda Gates Foundation officially announced they would be committing $10 billion to help accomplish the WHO population reduction goals in part with “new vaccines.” One month later, Gates appeared in his now infamous Innovating to Zero TED talk where he made the statement:

“The world today has 6.8 billion people. That’s headed up to about 9 billion. Now, if we do a really great job on new vaccines, healthcare, reproductive health services, we could lower that by, perhaps, 10 or 15 percent.”

Fast forward again to 2014 when the Kenya Conference of Bishops (KCCB) issued a press release that made mainstream news, alleging that the WHO was secretly using its birth-control vaccine during its anti-tetanus vaccination campaign in Kenya from 2013 to 2015. Was there proof, beyond the long history of questionable policies, statements, and actions by the WHO and its financier?

Read More @ NaturalNews.com

The Fake News Media is Deliberately Ignoring the Fusion GPS Story

from SonofNewo:

Huge news breaking in the Clinton/Steele Dossier scandal related to Fusion GPS. Perhaps unsurprisingly, the Fake News is refusing to cover these developments.

Comedian Louis C.K. Hit with Multiple Accusations of Masturbating in Front of Women

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by Daniel Nussbaum, Breitbart:

Comedian Louis C.K. has been accused of sexual misconduct by at least five women, some of whom told the New York Times in anexplosive interview published Thursday that C.K. masturbated in front of them without their consent.

 

In the first of several allegations against the Louie star, comedians Dana Min Goodman and Julia Wolov told the newspaper that C.K. allegedly invited them back to his hotel room following their appearance at a comedy festival in Colorado in 2002.

The Times reported:

As soon as they sat down in his room, still wrapped in their winter jackets and hats, Louis C.K. asked if he could take out his penis, the women said.

They thought it was a joke and laughed it off. “And then he really did it,” Ms. Goodman said in an interview with The New York Times. “He proceeded to take all of his clothes off, and get completely naked, and started masturbating.”

Meanwhile, another comedian, Rebecca Cory, alleged that C.K. asked her if he could masturbate in front of her while the pair were appearing in a TV pilot together in 2005. And yet another woman charged that she could hear the comedian masturbating while she spoke on the phone with him during an alleged incident in 2003.

Another woman, who chose to remain anonymous, alleged that C.K. had repeatedly asked to masturbate in front of her while both of them were working on The Chris Rock Show in the late 1990s.

In a statement to the Times, C.K.’s publicist Lewis Kay said the comedian would not answer any questions about the allegations.

The on-the-record interviews with the Times come as the New York City premiere of C.K.’s latest film was canceled Thursday afternoon, along with a scheduled appearance on The Late Show with Stephen Colbert. C.K.’s latest film, which has stirred controversy for its inclusion of jokes about child rape and star C.K.’s use of the N-word, had been scheduled to premiere Thursday night at Manhattan’s Paris Theatre.

In her interview with the Times, Corry said that C.K. approached her as she was walking near the set of the television pilot they were shooting. When C.K. allegedly asked her to watch him masturbate, Corry reportedly went to the pilot’s executive producers, Courteney Cox and David Arquette, to tell them about the incident. Cox confirmed she knew about the incident in an email to the paper.

“My concern was to create an environment where Rebecca felt safe, protected and heard,” Cox said.

Corry also said that she received an email from C.K. in 2015, years after the alleged incident, in which the comedian offered a “very very very late apology” for his behavior. But Corry said that C.K. apologized for shoving her in a bathroom, not allegedly masturbating in front of her, causing her to think there have been other incident of misconduct.

Read More @ Breitbart.com

Plague Epidemic, Rand Paul, Texas Shooting & AI (Artificial Intelligence)

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from Patriot Nurse:

What’s the deal with plague? Why should we care about the growth of AI, and what is all this violence leading to?

HUGE: Saudi “Deep State” Terror Chief Prince Bandar Among Those Arrested In Purge: Report

from Zero Hedge:

According to a new report by Middle East Eye, Prince Bandar bin Sultan – Saudi Arabia’s most famous arms dealer, longtime former ambassador to the US, and recent head of Saudi intelligence – was among those detained as part of Crown Prince Mohammed bin Salman’s (MBS) so-called “corruption purge” that started with the initial arrests of up to a dozen princes and other top officials last weekend.

If confirmed, the arrest and detention of Bandar would constitute the most significant and high profile figure caught up in the purge – even above that of high profile billionaire investor Prince Alwaleed Bin Talal – given Bandar’s closeness to multiple US administrations and involvement in events ranging from Reagan’s Nicaraguan Contra program (including direct involvement in the Iran-Contra scandal), to making the case for the Iraq War as a trusted friend of Bush and Cheney, to directing US-Saudi covert operations overseeing the arming of jihadists in Syria.

Famous photograph of George W. Bush and his close confidant Prince Bandar bin Sultan.

Middle East Eye issued the report based on multiple contacts “inside the royal court” and indicates further that the scale of MBS’ aggressive crackdown is much larger than previously reported, and even involves the torture of “senior figures” among those detained:

Some senior figures detained in last Saturday’s purge in Saudi Arabia were beaten and tortured so badly during their arrest or subsequent interrogations that they required hospital treatment, Middle East Eye can reveal.  People inside the royal court also told MEE that the scale of the crackdown, which has brought new arrests each day, is much bigger than Saudi authorities have admitted, with more than 500 people detained and double that number questioned.

And shockingly, those sources say that the longtime Saudi ‘deep state’ power broker and liaison with the West, Prince Bandar, is among the detained:

One of the most famous is Prince Bandar bin Sultan, a former Saudi ambassador to Washington and confidant of former US President George W Bush.  There is no word on his fate, but Saudi authorities said that one of the corruption cases they are looking at is the al-Yamamah arms deal, in which Bandar was involved.

While no doubt Bandar’s very well-known role in Saudi “oil for arms” programs which have come to define Saudi relations with the West over the past decades is a trumped up and “selective” charge (insofar as the highest levels of the state have overseen such shady dealing) the al-Yamamah deal in particular – which goes back to the mid-1980’s – has been an historical embarrassment to both the UK and Saudi governments (BAE Systems was the prime British contractor involved) for the astounding level of fraudulent accounting exposed in UK courts. 

Concerning Prince Bandar’s role in the al-Yamamah deal, Middle East Eye continues

Bandar bought an entire village in the Cotswolds, a picturesque area of central England, and a 2,000-acre sporting estate with part of the proceeds from kickbacks he received in the al-Yamamah arms deal, which netted British manufacturer BAE £43bn ($56.5bn) in contracts for fighter aircraft.

 

As much as $30m (£15m) is alleged to have been paid into Bandar’s dollar account at Riggs Bank in Washington and the affair led to corruption probes in the US and UK, although the case was dropped in the UK in 2006 after an intervention by then-prime minister Tony Blair.

But more likely is that Bandar has been caught up in this week’s MBS dragnet for his closeness to Western heads of state and foreign intelligence services. With MBS’ aggressive consolidation of power which could result in ascension to the throne at any moment, and with fate of multiple princes and officials still unknown – not the least of which is now ex-PM of Lebanon Saad Hariri – a shroud of secrecy has resulted in myriad theories concerning what is really happening behind the scenes. 

Likely, Bandar has been detained to ensure a communications blackout with Western intelligence and media until MBS’ plans are complete, with the added benefit of ensuring the “anti-corruption” angle to the purges for the consumption of international media. 

Read More @ ZeroHedge.com

 

 

BOMBSHELL science paper documents the depopulation chemical covertly spiked into vaccines

by Mike Adams, Natural News:

Just days after the release of a jaw-dropping video lecture called the Science Agenda to Exterminate Blacks, a bombshell science paper has emerged that confirms the use of covert sterilization chemicals in World Health Organization vaccines deployed in Africa. Entitled, “HCG Found in WHO Tetanus Vaccine in Kenya Raises Concern in the Developing World,” the paper documents the covert deployment of an infertility chemical in vaccines that are administered to young black women in Kenya:

Oller, J.W., Shaw, C.A., Tomljenovic, L., Karanja, S.K., Ngare, W., Clement, F.M. and Pillette, J.R. (2017), HCG Found in WHO Tetanus Vaccine in Kenya Raises Concern in the Developing World. Open Access Library Journal, 4: e3937.
https://doi.org/10.4236/oalib.1103937

The paper confirms exactly what Natural News reported earlier in the week: That a covert depopulation program is being run by the World Health Organization, targeting Africans for extermination via infertility chemicals administered under the guise of “vaccines.” These vaccines, notably, contain chemicals that are administered without the informed consent of the women being injected. In fact, the women are deliberately lied to and told the injections are meant to “protect your health.” But the real reason for the shots is to exterminate blacks in the name of “science” and “medicine.”

I’ve detailed all this in this powerful one-hour lecture that’s already getting rave reviews across the ‘net. Watch the full lecture below, and visit Eugenics.news for more coverage of race-targeted extermination efforts being waged today under the banners of “science” and “medicine.”

GreenMedInfo nails it in story by Jafferey Jaxen

A solid analysis of all this comes from Jafferey Jaxen writing for GreenMedInfo. That story, republished here with credit, is entitled, “CAUGHT: WHO’s Anti-fertility Vaccination Program Chronicled In New Paper.”

Has the World Health Organization (WHO) been purposely misleading women in developing countries into thinking they are protecting them and their future children from tetanus while in fact robbing women of their fertility and the very children they wanted to protect? 

A highly concerning new paper has been published in The Open Access Library Journal titled, “HCG Found in WHO Tetanus Vaccine in Kenya Raises Concern in the Developing World.” The implications of the information contained within this paper, if true, have the potential to shift paradigms and threaten the hegemony of global organizations who are ostensibly concerned about the health and welfare of the world’s populations. What findings can threaten to do such a thing?

To understand the full breadth of the findings, it is first important to know some key historical facts. The World Health Organization was established in 1945 and immediately embraced the tenet of family planning, which was later referred to as “planned parenthood as a necessity for world health.”

Around 1972, the WHO research program for developing a birth-control vaccinecommenced. The WHO birth-control vaccine involved linking the tetanus toxoid (TT) with the beta portion of the human pregnancy hormone chorionic gonadotropin (hCG). This combination directs the immune system to produce antibodies not only against TT but also against hCG, causing miscarriages in already pregnant recipients and infertility in those not yet pregnant. The results were announced and celebrated by WHO researchers as the first “anti-fertility” vaccine in 1976 during a meeting of the US National Academy of Sciences.

Around the same time, the US National Security Study Memorandum 200, also known as the Kissinger Report, became official US policy in 1975, calling for reducing the population grown in “less developed countries” to near zero by means of “reducing fertility.”

Fast forward to 2010 when Bill Gates, whose father headed up Planned Parenthood after WWII, and the Bill and Melinda Gates Foundation officially announced they would be committing $10 billion to help accomplish the WHO population reduction goals in part with “new vaccines.” One month later, Gates appeared in his now infamous Innovating to Zero TED talk where he made the statement:

“The world today has 6.8 billion people. That’s headed up to about 9 billion. Now, if we do a really great job on new vaccines, healthcare, reproductive health services, we could lower that by, perhaps, 10 or 15 percent.”

Read More @ NaturalNews.com

Gold Slammed After Someone Pukes $4 Billion Notional In Gold Futures

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from ZeroHedge:

As we approach the European close, the dolar index just spiked and precious metals (and crude) were pummeled. Gold futures tumbled on massive volume as over $4 billion notional was purged instantaneously…

Over 30,000 contracts ripped through gold futures – over $4.2 billion notional – in the space of a minute. That’s around 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of a normal days’ volume.

NOTE – $1281 is the 100-day moving average that has been an equiliborum level for the last few weeks…

Silver was hit too as the dollar spiked…

 

Read More @ ZeroHedge.com

Sicily votes 81{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} against the EU Status Quo – It Begins!

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by Martin Armstrong, Armstrong Economics:

The contagion from Catalonia is indeed spreading to Italy. The Democratic Party (PD) led by former Italian Prime Minister Matteo Renzi has suffered a severe defeat in Sicily. The Eurosceptic parties have won the election sending yet another warning sign to Brussels that they refuse to accept demand reform. 

The Democratic Party has lost the regional elections in Sicily in a very DRAMATIC way. Renzi’s party came in third place with just 19{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the vote. The candidate, supported by Silvio Berlusconi, has won around 40{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. I have written before that RELIABLEsources revealed that the EU had staged a coup in Italy to overthrow Berlusconi because he was proposing back then to exit the Euro.

Brussels refuses to listen and reform anything.  Berlusconi proudly announced: “Sicily has chosen the path of change, as I have demanded,” in his video message on Facebook. Sicily is one of the poorest provinces in Italy. Youth unemployment is alarmingly high and many people migrate out of lack of prospects to the north or abroad.

Brussels is not interested in the people of Europe. This is now all about saving the jobs of the politicians in Brussels. They have no job without the Euro.

Read More @ ArmstrongEconomics.com

The violent attack on Senator Rand Paul: will the punishment fit the crime?

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by Jon Rappoport, No More Fake News:

Breitbart reports: “Kentucky Senator Rand Paul’s injuries are more serious than previously reported, following an attack, allegedly by one of his neighbors, last week in Bowling Green, KY.”

“’A medical update: final report indicates six broken ribs & new X-ray shows a pleural effusion‬,’ tweeted the Republican senator Wednesday.”

“Previous medical reports stated that Paul suffered five broken ribs and lacerations to his lungs. Reports indicate a violent attack from Paul’s long-time neighbor, 59-year-old retired doctor Rene Boucher, after a dispute. The exact nature of the dispute remains unclear, but Boucher’s lawyer claimed it had nothing to do with politics.”

“Police arrested Boucher and charged him with fourth-degree assault.”

Breitbart also interviewed several neighbors of Senator Paul. They rejected the story that Boucher’s attack on Paul was the result of a “landscaping dispute.” The neighbors stated the Senator has been a very friendly homeowner, and there is no record of any complaints either against him or from him in the homeowner’s association files.

The Senator’s injuries are serious. I looked up the definition of 4th degree assault in Kentucky law, to understand what his alleged assailant is being charged with:

From reference.com: “According to the Kentucky Legislature Research Commission, fourth degree assault is defined as intentionally causing a physical injury to another, wantonly causing physical injury, or recklessly causing injury to another with a dangerous instrument.”

“The Kentucky Legislature Research Commission lists the possible penalties for fourth degree assault in Kentucky as fines, jail time and probation. Fines resulting from fourth degree assault cannot exceed five hundred dollars, and jail time for those found guilty of fourth degree assault cannot exceed one year. Fourth degree assault is a misdemeanor, and it is considered the least serious of assault charges in the state of Kentucky.”

“Wantonly causing physical injury” is the least serious assault charge? And it carries a maximum of a five hundred dollar fine and a year in jail? And it is a misdemeanor?

Preposterous.

Of course, when we’re witnessing mass shootings and mass murder with cars, it’s easy to view the attack on Senator Paul as a trivial event. But it’s not.

You’re mowing the lawn outside your house. A person sneaks on to your property, runs up behind you, and attacks you. You had no idea what was coming. As a result of this vicious and cowardly assault, you suffer six broken ribs and fluid in your lungs.

And this is a minor offense?

No, we don’t know all the facts, and the defendant has not yet had his day in court. But assuming the reports are correct, the misdemeanor charge and the potential punishment are absurd travesties.

The law has been twisted to allow grave offenses to become minor episodes. The reason is fairly clear: so many crime are being committed by so many people, the system has been adjusted to accommodate criminals.

“Well,” people say, “what about all the high-level felons who serve in government and lead corporations, and are never brought to justice?”

Read More @ NoMoreFakeNews.com

Technology Sector Has a Growing Appetite for Gold; Demand Up 3{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}

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by Peter Schiff, SchiffGold:

The amount of gold used in the technology sector grew for the fourth consecutive quarter, according to the latest demand report by the World Gold Council.

Tech industries consumed 67.3 tons of gold in Q3, a 3{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase year-on-year. Demand for memory chips served as a primary driver for increased industrial gold consumption.

All main sub-sectors registered growth. Continued strength in the memory sector – where supply remained very tight and demand high – underpinned a 12 to 15{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} increase in demand for gold bonding wire in Q3. Samsung Electronics credited ‘strong demand for …memory chipsets…and flagship mobile devices’ as a key contributor to its record Q3 net profit. The prolonged shortage in memory chips is expected to persist into 2018 as factories struggle to increase output sufficiently to meet demand for high-end smartphones. We believe this bodes well for the short-term outlook for gold bonding wire.”

World Gold Council head of market intelligence Alistair Hewitt told the Telegraph that tech companies spent several years trying to find substitutes for gold in order to save money, but that trend seems to have ended.

Since 2010, technology manufacturers have gone through an exercise of thrifting – that has eroded gold use in tech. That trend appears to have gone into reverse, as some device makers realize they can no longer scrimp or substitute gold while maintaining quality Gold has certain features that means it lends itself really well to tech. It’s highly conductive, it doesn’t corrode or tarnish, and it’s highly malleable.”

Gold used in wireless applications also helped push overall tech demand higher, growing by around 8{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} y-o-y in Q3. Demand for 3D sensors used in facial and gesture recognition surpassed expectations, according to the WGC.

In our view, their wider applications in gaming, vehicles, and healthcare industries will continue to generate growth.”

The surging demand for gold provides more evidence of the yellow metal’s expanding role in the world of high-tech. We generally think of gold as an investment as well as money, but it is increasingly being used in high-tech applications from energy production to healthcare. There have been a number of interesting developments utilizing gold just over the last few months.

Scientists have moved closer to developing a process to manufacture Perovskite solar cells (PSCs). PSCs offer an alternative to much more expensive silicon panels. The problem is they don’t hold up well in the outside elements. According to Science Alert, researchers have developed a substance using gold that stabilizes PSCs and makes them more efficient.

The team found a way to sandwich a spacer of graphene oxide and a thin gold contact between a 60-nanometre thick slice of CuSCN and a layer of perovskite. As a result, the PSC could now deliver the goods for over 1,000 hours in 60 degree Celsius (140-degree Fahrenheit) heat, at a cost of just 5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in its maximum efficiency.”

Read More @ SchiffGold.com