GOOD STUFF!
http://goldseek.com/charts/?xmin=1383535711750.5322&xmax=1400648400000&r=historical&s=ETFGOLD&t=line&c=def&o=&os=&e=111000000
jueves, 22 de mayo de 2014
miércoles, 21 de mayo de 2014
World Bank Whistleblower: JAPAN FIRST TO access its gold from WORLD BANK (GLOBAL DEBT FACILITY) MASSIVE amounts of gold!
ok this is about World Bank Whistleblower Karen Hudes. She claims that Japan is getting ready to access these "Global Debt Facility" ( Prosperity Accounts? ) . The objective: reintroduction of massive amounts of gold minted for local currencies.
Is this the "GLOBAL CURRENCY RESET" that IMF, or Lindsey Williams talked once?
Now Karen Hudes is posting documents to prove validity of this trust.
Original Source:
I am requesting legal experts to give their opinion about "these documents".
Thanks
Karen Hudes: Japan is now demanding access to its gold from the World Bank.
Views: 1376
martes, 20 de mayo de 2014
viernes, 16 de mayo de 2014
Silver physical demand hits all-time high in 2013: World Silver Survey
Silver physical demand hits all-time high in 2013: World Silver Survey
Tags: Silver Institute
UNITED STATES May 15 2014 4:25 PM
NEW YORK (Scrap Register): Global physical demand for silver rose by 13% in 2013 to an all-time high of 1.081 billion ounces, according to the World Silver Survey 2014 released Wednesday by the Silver Institute.
The rise was driven by a 76% increase in retail investment in bars and coins coupled with a recovery in jewelry and silverware fabrication, the report said.
Data for the World Silver Survey was compiled independently by Thomson Reuters GFMS. The Silver Institute has published the annual report since 1990.
Andrew Leyland, manager for precious-metals demand for the GFMS team at Thomson Reuters, identified three major trends in the silver market during 2013 that were attributed largely to a 24% decline in the average price.
“The first was the reaction from the price-elastic markets, in particularly jewelry and silverware,” he said, pointing out that jewelry fabrication was up nearly 10% and silverware was up 12%. “They were very much price-sensitive moves, with people feeling they could put more silver content into silverware and move away from plated (silver) products into more sterling silverware products.”
These were trend changes, he said, pointing out that previously jewelry demand for silver had declined three straight years and silverware for eight in a row.
These were trend changes, he said, pointing out that previously jewelry demand for silver had declined three straight years and silverware for eight in a row.
“The second major trend was a big increase in investment in silver,” Leyland said. And, he later added, “the third major trend impact (of lower prices) was the scrap market. There was a 24% decline in the amount of silver scrap entering the market in 2013.”
The report listed total silver supplies in 2013 of 978.1 million ounces that was down from a year ago due to the reduced scrap. When factoring in an exchange-traded-fund inventory build of 1.6 million ounces and an exchange inventory build of 8.8 million, the net supply balance in the silver market was a 113.3 million-ounce deficit, according to the Silver Institute.
The report said the physical deficit in the silver market was the largest since 2008.
The report said the physical deficit in the silver market was the largest since 2008.
Silver prices fell with gold in 2013 largely due to investor liquidation of silver futures and options positions and sales from large investors’ physical inventories, said the report. Still, silver averaged $23.79 an ounce, which the Silver Institute pointed out is the third-highest nominal average on record.
“Lower silver prices stimulated increased buying among bargain hunters and boosted growth from the more price-sensitive sources of demand,” the report said.
The report said 2014 “looks likely to be a year of consolidation” for silver, with prices settling into a “less volatile trading range” and many jewelry and silverware producers looking to take advantage of this in order to boost production and move away from plated silver products.
viernes, 9 de mayo de 2014
False East/West Paradigm Hides The Rise Of Global Currency
False East/West Paradigm Hides The Rise Of Global Currency
Despite popular belief, very few things in our world are exactly what they seem. That which is painted as righteous is often evil. That which is painted as kind is often malicious. That which is painted as simple is often complex. That which is painted as complex often ends up being disturbingly two dimensional. Regardless, if a person is willing to look only at the immediate surface of a thing, he will never understand the content of the thing.
This fact is nowhere more evident than in the growing “tensions” between the elites of the West and the elites of the East over the crisis in Ukraine.
I am continually astonished at the refusal of many otherwise intelligent people to consider the evidence or even the possibility that there is, in reality, no fundamental political or philosophical conflict between the power brokers of the East and the West. As I outlined in great detail inRussia Is Dominated By Global Banks, Too, the truth is they are both working toward the same goal; and both ultimately benefit from an engineered and theatrical display of international brinksmanship.
Russia, like the United States, is utterly beholden to globalist financiers through organizations like the International Monetary Fund and the Bank for International Settlements. Russia’s global economic adviser in matters ranging from investment image to privatization is none other thanGoldman Sachs.
Goldman Sachs has also worked closely with the Ukrainian government since 2011, and it started its advisory work with Ukraine for free. (Whenever Goldman Sachs does something for free, one should take special note.) Banking elites have been working both sides of the fence during the Russia versus Ukraine charade.
Russia has continued to borrow billions of dollars from Western banks, including Deutsche Bank and Credit Suisse, year after year, proving that they are not averse in the slightest to working closely with "evil Western robber barons".
Russian President Vladimir Putin meets with Mr. New-World-Order himself, Henry Kissinger, on a regular basis; and according to Putin’s press secretary, they are “old friends.” Putin’s meetings with Kissinger began almost immediately after he first took power in 2000.
Putin’s relationship with Kissinger has been so pronounced that the Russian Foreign Ministry gave Kissinger an honorary doctorate in diplomacy, and Putin placed Kissinger at the head of a bilateral “working group” — along with former KGB head and multilateralist (globalist) Gen. Yevgeny Primakov — dealing with foreign policy.
In more recent news, I would also remind pro-Putin cheerleaders that Putin and the Kremlinfirst pushed for the IMF to take control of the Ukrainian economy, and the IMF is now demandingthat Ukraine fight Russia in exchange for financial support. This might seem like irony to more foolhardy observers; but to those who are aware of the false East/West paradigm, it is all the part of a greater plan for consolidation of power.
Clearly, Putin and Russia are just two more puppet pieces on the globalist chessboard, pitted against other puppets in the West in a grand theater designed to distract and divide the masses through chaos. As Kissinger points out, in crisis there is opportunity.
What is the goal? They’ve already told us, openly, on numerous occasions.
The first great prizes of the New World Order are a global currency and centralized economic control. The elites are not satisfied with quiet dominance of individual economies. They want complete political homogenization and the end of all sovereignty. Period. With a global currency in place, the steps towards global government become quick and small.
Heads of state from around the world, including Putin, as well as international bankers and IMF representatives have all publicly called for the IMF to take charge of the global economic system through its Special Drawing Rights currency program.
However, for the SDR to become a dominant currency, certain issues must be resolved. Here’s a short list.
The U.S. Dollar Must Fall
The dollar must lose its world reserve status, and most likely collapse in relative value, before the SDR can be elevated. This is where mainstream pundits lose track of the facts. For them, the dollar is an invincible monetary element, a currency product as infinite as time. Their normalcy bias prevents them from ever acknowledging the many weaknesses of the Federal Reserve note, including our country’s inability to ever service its more than $200 trillion debt. Others believe the dollar is the NWO currency, and that the globalists are somehow U.S.-centric. The evidence posted above suggests otherwise. Globalists have no loyalty to any nation or culture. Their only loyalty is to the progression of their own power. If sacrificing the dollar or the U.S. as a whole furthers that power, then they will have no problem cutting us loose like a rotting appendage.
A Liquidity Replacement Must Be Introduced
As my regular readers know, I have been covering China’s progression toward a decoupling from the U.S. economy for years. China, in my view, has always been the key to the elitist shift into a truly global currency mechanism. The primary argument in the mainstream against the idea of a dollar collapse is that there is no other currency with ample liquidity to take the dollar’s place. Well, in the past couple of years, this has changed.
China and the banks it controls have issued approximately $25 trillion in debt instruments and monetization. This is often referred to as a “debt bubble” created through panic and a weakness in China’s economy and a response to slowed quantitative easing in the United States. I would take a slightly different position. China began issuing Yuan denominated debt instruments in 2005, years before the mainstream had any inkling of the impending derivatives collapse. From then up to today, there has been no practical purpose for China to produce these Yuan denominated equities and securities, unless their target has always been to expand the Yuan market in a covert way.
I would say that China’s monetization has been carefully and deliberately engineered in order to lay the foundation for a massive liquidity spike in the Yuan. The argument that China’s incredible debt generation is a sign of impending collapse may be misguided. U.S. debt, including unfunded liabilities, absolutely dwarfs China’s $25 trillion. China's Yuan debt has barely had time to accrue concrete interest. The U.S., on the other hand, is caught in an endless cycle of interest payments that are slowly but surely eating away the skeleton of our fiscal structure. If any economy is on the verge of implosion, it is that of the United States, not of China.
The Chinese need exponential Yuan circulation. They do not want the Yuan to replace the dollar; instead, they are preparing it for induction into the IMF’s Special Drawing Rights basket. With China set to become the world largest economy this year according to World Bank, their inclusion is assured.
But, when might this occur?
The IMF holds an international conference and policy meeting on the SDR every five years. During these meetings, the IMF decides if it will absorb a new currency into the basket and if it will expand the creation or circulation of SDRs around the world. Interestingly, the next IMF conference on the SDR just happens to be scheduled for the end of 2014 to the beginning of 2015.
Another strange coincidence: The U.S. Congress was supposed to vote on legislation for further capital allocations to the IMF by April. The vote never came. The new allocations were to fund an expansion of IMF programs and help with the greater inclusion of BRIC nations in governing decisions. If the U.S. government does not pass this legislation, Russia and other nations have demanded that the IMF move forward without the United States on reforms. At the very least, the U.S. would lose its veto power over IMF decisions. I believe that the timing of this is deliberate, that the U.S. is meant to lose its veto power and that the simultaneous SDR conference will announce the inclusion of the Chinese Yuan, setting the stage for the replacement of the dollar as world reserve.
The SDR will not immediately be issued as a commonly traded currency itself. Rather, the IMF will take over management of included currencies and denominate those currencies using SDR valuations. For example, $1 U.S. is worth only .64 SDR today. In the near future, I expect that the dollar will plummet in relation to the SDR’s value. We will still have our greenbacks when the IMF begins administrating our currency system, but the international and domestic worth of those greenbacks will fall to pennies. In turn, other currencies with stronger economic positions will rise in worth relative to the SDR.
I believe one of the primary determinations in a currency’s value compared to the SDR will be a country’s stockpile of gold. This is why Russia and China in particular have been purchasing precious metals at an unheard-of rate (and why U.S. gold reserves have never been audited). The IMF itself is one of the world’s largest holders of physical gold, with nearly 3,000 metric tons (officially). With the crash of the dollar system and investors clamoring for a reliable hedge to protect whatever savings they have left, gold could conceivably skyrocket into the $5,000 to $10,000 per-ounce range. Governments holding the metal will be favorably placed during an implementation of the SDR as the new reserve standard.
A Cover Event Must Be Created
The centralization of power is best achieved during moments of bewildering calamity. The conjuring of crises is one of the oldest methods of elitist dominance. Not only can they confuse and frighten the masses into malleability, but they can also ride to the public’s rescue as heroes and saviors later on. The Hegelian dialectic is the mainstay of tyrants.
The destruction of the dollar and the institution of a global economic bureaucracy are not actions that can be executed openly by international financiers. These events will coincide with extreme catastrophe, likely worse than the Great Depression era, with millions upon millions of people losing the ability to financially support themselves and their families. Crime, death and public discontent will surely follow. People will be looking for someone to blame. This is where the false East/West paradigm comes in.
It is widely expected that as sanctions snowball between Russia and the U.S. that the dollar will end up on the chopping block. China has asserted its support for Russia in opposition to NATO interference in Ukraine. The stage has been set. I have warned for quite some time that the development of East/West tensions would be used as a cover for a collapse of the dollar system. I have warned that among the American media this collapse would be blamed on an Eastern dump of foreign exchange reserves and treasuries, resulting in a global domino-effect ending U.S. world reserve status. In turn, the international community would be conditioned to see this as the mere bumbling of a spoiled America gone power-mad, rather than the result of a covert program of economic destabilization. This might lead to all-out war or a fiscal firestorm that leaves much of the world crippled and desperate for aid.
In either case, the elitist plan is to use scapegoats and false enemies to draw our attention away from the real culprits: the international banks themselves. Make no mistake: This fight is not about President Barack Obama, it is not about Putin and it is not even about the Federal Reserve. These men are tools, errand boys, public mascots. Do not be fooled by the global stage play being perpetrated. Whatever happens in Ukraine and whatever happens between Russia, China and the West, there are only two real sides to this battle: the elitist establishment, and those who are smart enough to recognize their poison.
source:
jueves, 8 de mayo de 2014
MUST READ: Ted Butler found US Government agency ADMITS Silver MANIPULATION is real in letter to a US SENATOR!
THIS IS EPIC.
Ted Butler made a US senator ask the right question about silver manipulations thanks to one of his subscribers.
This is the AMAZING STORY about SILVER MANIPULATION admited by the Government Accountability Office, a branch of the US government. AND IT HAS ADMITTED THAT THE MAY "EXIST" SILVER MANIPULATION WHEN THE CFTC HAD SAID "NO SILVER MANIPULATION".
Ted Butler made a US senator ask the right question about silver manipulations thanks to one of his subscribers.
This is the AMAZING STORY about SILVER MANIPULATION admited by the Government Accountability Office, a branch of the US government. AND IT HAS ADMITTED THAT THE MAY "EXIST" SILVER MANIPULATION WHEN THE CFTC HAD SAID "NO SILVER MANIPULATION".
This article is based on a commentary of Ted Butler’s premium service at www.butlerresearch.com. It contains the highest quality of gold and silver market analysis. Ted Butler is specialized in precious metals markets analysis for 4 decades.
First, here’s some background. Two years ago this month, a subscriber (Dr. Jeff Lewis – www.silver-coin-investor.com) had a chance social encounter with an employee of the Government Accountability Office (GAO) and as a result suggested that I contact the agency about the silver manipulation and the CFTC’s role in it. Having taken an oath to myself never to pass up any opportunity to help expose and terminate the silver manipulation, I promptly wrote to the GAO on its Fraud Net complaint hotline and just as promptly forgot about it. I admit to having grown weary of waiting for a regulatory remedy in silver.
Seven months later, in December 2012, I received a phone call from the GAO and that led to me providing documentation about the silver manipulation and the CFTC that led to a number of conference calls with the GAO. I kept my contact with the GAO private so as not to jeopardize any action by the agency, although I must tell you that I was quite excited about the situation. In time I was informed by the GAO that as the one government agency that reports directly to Congress that it needed to be directed by Congress to look into the matter. In May 2013, I sought to stimulate action by writing publicly about the matter and asking readers to write to their elected officials to urge the GAO to pursue the matter. A good number did just that. http://www.silverseek.com/commentary/busting-perfect-crime-11916
Several months passed and, once again, I grew weary about any follow up by the GAO. In fact, to anyone who had written to me over the past 6 to 8 months asking about the GAO, I told them to forget about it, as I had heard nothing and assumed the matter was dead. As it turns out, I was dead wrong. Another subscriber, Kevin Crosby, didn’t forget about it but instead wrote to his senator from Minnesota concerning the GAO. Thanks to Kevin’s persistence, Senator Amy Klobuchar contacted the GAO and then sent him the GAO’s response, which I received on Monday.
Here’s where it gets even more interesting; the GAO’s response included a letter the agency had sent to a Virginia congressman, Robert Hurt, back on December 11, 2013. Another subscriber and friend, Chief Nesbit, had been petitioning Representative Hurt for years about the silver manipulation and I had spoken with the congressman’s staff about the issue; yet I was unaware (as was Nesbit) of the GAO’s response six months ago until Monday. Let me stop here for a moment to acknowledge and thank all subscribers who not only provide the financial support that enables me to do what I do, but also for going out of their way to participate in a personal manner. Without subscriber involvement there would have been no contact with the GAO.
If there is anything I have grown expert at over the past 25 years, it is in quickly deciphering letters from government agencies telling me that I’m all wet about my allegations of silver manipulation because that has been all I have ever received. The response from the GAO to Congressman Hurt and Senator Kolbuchar read the same way at first, but on closer review was markedly different. I’ve taken the liberty to reproduce the GAO’s response, but have added emphasis for the two key sentences that made all the difference in the world -
December 11, 2013
The Honorable Robert Hurt
U.S. House of Representatives
Subject: Allegations of Manipulation in the Silver Futures Market
Thank you for your letter in which you provided information about allegations of manipulation in the silver futures market and the Commodity Futures Trading Commission’s (CFTC) investigation into the matter. We reviewed the information, which includes allegations of manipulation by Mr. Ted Butler (who comments on the silver and gold markets), and collected additional information for our review.
In brief, the information that you provided indicates that some elements needed to prove manipulation may exist. In May 2008, CFTC issued an empirical study that found no evidence of manipulation in the silver futures market from 2005 through 2007. In September 2008, CFTC announced that it had been conducting an enforcement investigation into the possibility of manipulation in the silver futures market. In November 2011, CFTC noted that its staff had analyzed more than 10,000 documents, interviewed dozens of witnesses, and had obtained expert advice. On September 25, 2013, CFTC announced that it had closed its investigation and that there was not a viable basis to bring an enforcement action. According to CFTC, the investigation utilized more than 7,000 enforcement staff hours. (See the enclosure for more details about the information we collected and reviewed.) We plan to share our information with Mr. Lavik, Inspector General of the CFTC’s Office of the Inspector General, which is responsible for investigating the economy, efficiency, and effectiveness of CFTC’s operations.
Sincerely,
A. Nichole Clowers
Director, Financial Markets and Community Investment
After more than 25 years, this response from the GAO is a stunning development. Two personal thoughts spring to mind. For absolutely, positively the first time ever in more than a quarter century, a US federal agency has acknowledged that some elements of a silver manipulation may exist and has further indicated it is taking up the issue with the prime commodities regulator, the CFTC. The second personal observation is that all the hard core manipulation deniers who ignored the facts and hid behind the consistent denials from the CFTC must now confront the fact that the prime US government watchdog has indicated a silver manipulation may exist.
A word about the GAO. In essence, the GAO is the Inspector General of every other federal agency. All federal agencies report directly to the President, except the GAO which reports to Congress. The GAO’s mission is to make sure that all federal agencies are conducting their missions appropriately. The GAO is not the prime commodities regulator so it is not responsible for determining if silver has been manipulated. But it is responsible for determining, if directed by Congress, if the CFTC has conducted itself properly in reviewing the facts surrounding the allegations of a silver price manipulation.
I know that the CFTC has not conducted itself properly in matters related to the silver manipulation and never has, just as much as I know that JPMorgan and the CME Group are every bit the market crooks I allege them to be. In my documentation to the GAO, I recited chapter and verse as to why the CFTC was not coming close to fulfilling its most basic mission of preventing market manipulation and was further guilty of fraud and abuse in its wasting of taxpayer funds on a phony five year investigation. I was elated at the opportunity to do so.
What’s next? I can’t know for sure, except that the GAO prides itself on thorough, fair and impartial investigations. That’s a dream come true for me as it is all that I have ever asked the CFTC to do. Based upon the GAO’s letters to elected officials, I don’t find it unreasonable that this special agency just might get to the bottom of this sordid affair. A complete and impartial review by the GAO of how the CFTC has conducted itself in matters related to silver should be welcomed by silver investors everywhere.
After more than 25 years, I know better than to place all hope for ending the silver manipulation on any one government agency. Besides, I know the coming silver shortage will accomplish that in time anyway. Still, the apparent interest on the part of the GAO should not be minimized in its potential importance. It’s not every day such a pleasant surprise comes along. In a special note to subscribers, I feel an obligation to make this article public, as so many non-subscribers did write to their elected representatives as a result of the public article last year and I don’t know of any other practical means of letting them know their efforts may have had an impact.
SOURCE:
CHART: Silver price volatility lowest in decade – now watch it move
Silver's wild price fluctuations compared to other precious metals is why traders' often refer to it as the devil's metal.
Or in today's parlance: Like gold on crack.
The CPM Group's closely watched 2014 Silver Handbook released last week notes total supply declined 2.5% in 2013, hampered by reduced recycling of the precious metal. Output have essentially returned to 2010 levels.
While total supply is likely to remain stagnant, in 2014 every major category of demand is expected to increase, except photography.
In a new note, the research team at ETF Securities predict that the silver price, which has been drifting lower is in for a sharp reversal:
"Silver was the only precious metal to end last week with an YTD loss.
"Downside support for the silver price is near US$19/oz. and 30-day volatility is the lowest in a decade.
"Historically this has often been a precursor to a price rally":
http://www.mining.com/chart-silver-price-volatility-lowest-in-decade-now-watch-it-move-32500/
miércoles, 7 de mayo de 2014
MUST WATCH: Coming Global Economic Reset Film
Interesting youtube vid about GLOBAL ECONOMIC RESET
OR GLOBAL CURRENCY RESET
and what has already happened in history.
OR GLOBAL CURRENCY RESET
and what has already happened in history.
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