Silver as an investment

SHTFplan: The Fed Will Continue Tightening Until Everything Breaks

Prepare yourself. Buy physical silver and storable food.

This article was originally published by Brandon Smith at Alt-Market.com

Around three years ago, in September 2015, I wrote an article titled ‘The Real Reasons Why The Fed Will Hike Interest Rates‘ in which I predicted that the Federal Reserve, in the face of criticism, would soon pursue a program of interest rate hikes into economic weakness. I argued that this plan would be somewhat similar to what the Fed did in the early 1930’s; an action that prolonged the Great Depression for many more years. So far, my prediction has proven to be correct.

Despite the fact that the Fed keeps raising rates as it tightens the noose around the supposed economic “recovery”, there are still many people out there who refuse to accept that the central bank would deliberately implode the fiscal bubble that it has spent the last ten years inflating. Even today, I still see arguments proclaiming that the Fed will be forced to pull back if stocks fall beyond 15% to 20%. I also see claims that Fed officials like Jerome Powell had “better start looking for another job” because Donald Trump won’t be happy with Fed policies that could cause a crash. This is pure delusion from people who do not understand how the Fed operates.

First and foremost, let’s be clear, the Federal Reserve is an autonomous entity that does not answer to government oversight. It never has and it probably never will. This reality is supported by admissions by former Fed officials like Alan Greenspan, who publicly noted that the Fed answers to no one.

The central bank functions in quite the opposite capacity from what many people assume. As Carroll Quigley, prominent American historian and mentor to Bill Clinton, noted in his book Tragedy And Hope:

“The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank … sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

In other words, governments do not assert control over central banks; central banks assert control over governments. That said, there are some exceptions to this rule. For example, an act of Congress can be used to enforce a full audit of Fed activities, something which has never been done.

Fed propaganda asserts the lie that the bank is audited annually by the Government Accounting Office (GAO), but this is NOT an audit of Fed financial actions and policy initiatives. Rather, it is an audit of minor expenditures. Knowing how many pencils and desks the Fed purchases in a year does not help us to understand the bank’s influence over our economic security. All other audits of the Fed are done internally by the Fed’s own Board of Governors. This is hardly transparent or independent.

The only time the public has gained access to even a partial government audit of Fed activities was during the audit of TARP. This alone exposed trillions of dollars in bailouts and overnight loans to various banks and corporations, many of which were foreign.

The GAO did nothing in terms of regulatory action against the Fed after it was revealed that they were funneling trillions in capital into foreign corporations. All they did was make a ledger of the transactions, and remained silent on the rest.

I remind readers of this history and the conditions surrounding Fed actions because I want to drive the point home that, for now, the Fed and other central banks dictate the rules of the game. Some may say this has changed with the election of Donald Trump, but I disagree. If anything, as long as Trump is in office, the Fed will chase higher interest rates and steeper balance sheet cuts. They will not stop until markets break. And, the only solution (shutting down the Fed entirely) also comes with a set of extreme fiscal consequences.

There is a wall of cognitive dissonance when some in the public are confronted with this notion. They prefer to believe in a set of standard lies rather than accept that the Fed is a saboteur of our financial system. Here are those lies, listed in no particular order…

Lie #1: The Fed Is Unaware Of The Bubbles it Creates

Mainstream economists and Fed officials alike use this lie regularly. Not once has the Board of Governors of the Fed ever been audited or punished in light of an economic crisis they created. When central bank culpability is obvious, they simply claim they had no idea the fiscal bubble was as inflated as it became. The disaster “surprised them”.

The Fed’s creation of easy credit and zero oversight, not to mention its opposition to any regulation of derivatives, fed the bubble prior to 2008. Then they ignored all obvious warning signs that the bubble was about to burst. But what about the current “everything bubble” that the Fed has created through near zero interest rates and endless fiat money manufacturing? Well, Fed officials openly admit to their involvement.

As the former head of the Federal Reserve Dallas branch Richard Fisher admitted in an interview with CNBC, since 2009, the U.S. central bank has made its business the manipulation of the stock market to the upside:

“What the Fed did — and I was part of that group — is we front-loaded a tremendous market rally, starting in 2009.

It’s sort of what I call the “reverse Whimpy factor” — give me two hamburgers today for one tomorrow.

I’m not surprised that almost every index you can look at … was down significantly.” [After the first Fed rate hike]

The Fed knows when it is conjuring a bubble environment; they just won’t admit it as the bubble is deflating and economic pain is everywhere.

Lie #2: The Fed Is Unaware That It’s Tightening Policies Cause Extreme Economic Contraction

So, if the Fed is aware when it causes a bubble, is it aware when it is popping a bubble? Absolutely. As Ben Bernanke admitted in a speech in 2002:

“In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.

Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.”

Bernanke was referencing Milton Friedman’s assertion that the Fed’s tightening policies in the early 1930’s, after they had made markets dependent on easy credit through the 1920’s, had caused negative feedback in the system at the perfect time, destabilizing any possible recovery for years to come.

The problem is twofold, of course. The Fed was allowed to fuel a fraudulent market bubble in the first place. Then, it was allowed to pop the bubble in the most destructive way through tightening policies (like higher interest rates), which crushed Main Street support. If this sounds familiar, it is, because the same tactic is being used by the Fed today.

In an October 2012 meeting of the Federal Reserve, minutes indicate that Jerome Powell was highly vocal about what would happen if the Fed pulled support from debt addicted markets by raising interest rates and cutting assets:

“My third concern — and others have touched on it as well — is the problems of exiting from a near $4 trillion balance sheet. We’ve got a set of principles from June 2011 and have done some work since then, but it just seems to me that we seem to be way too confident that exit can be managed smoothly. Markets can be much more dynamic than we appear to think.

When you turn and say to the market, “I’ve got $1.2 trillion of these things,” it’s not just $20 billion a month — it’s the sight of the whole thing coming. And I think there is a pretty good chance that you could have quite a dynamic response in the market.

I think we are actually at a point of encouraging risk-taking, and that should give us pause.

Investors really do understand now that we will be there to prevent serious losses. It is not that it is easy for them to make money but that they have every incentive to take more risk, and they are doing so. Meanwhile, we look like we are blowing a fixed-income duration bubble right across the credit spectrum that will result in big losses when rates come up down the road. You can almost say that that is our strategy.”

Jerome Powell is now the Fed Chairman, and yet, he is following through with the same tightening actions that he warned about in 2012. He is pretending that the tightening process will be painless even though fundamental economic conditions are just as weak now as they were six years ago. Again, Powell knows the Fed is going to cause a crash, but he is moving forward anyway and he is not warning the public about the danger.

Lie #3: The Fed Is The Center Of Establishment Power, Therefore They Need The U.S. Economy To Thrive

While it is true that the Fed is currently in charge of the dollar as the world reserve currency, the idea that the Fed is somehow indispensable to the global establishment has always bewildered me. Everything the Fed has done since its inception in 1913 has been designed to diminish the U.S. economy and erode the purchasing power of our currency. I ask, at what point has the Fed ever taken an action which did NOT result in a bubble or a bubble collapse? At what point has the U.S. economy ever improved at a fundamental level because of the Fed, rather than diminished in the wake of a fake recovery the Fed conned the public into believing in?

What else does the Fed do besides sabotage?

I believe the truth is that the Fed does not care about the U.S. economy, or even the survival of the dollar, as is obvious in their actions. The Fed is merely a puppet entity of larger institutions like the Bank for International Settlements or the International Monetary Fund. These institutions seek centralization at a global level, with a global currency system and global economic authority, as they have openly admitted to in their own publications. The U.S. economy as we know it today, and the Fed by extension, are expendable in this pursuit.

The Fed will continue on its current course no matter the cost, because there is a greater strategy in play. In fact, some elites may even welcome a shutdown of the Fed at this time because this opens the path for the death of the dollar as the world reserve currency and the introduction of a new world monetary system, while all the consequences surrounding the shift can be blamed on political chaos and coincidence.

To drive the point home, I leave readers with a revealing quote from Christine Lagarde, the head of the IMF, as she outlines why crisis in national economies is actually good for the IMF:

“When the world around the IMF goes downhill, we thrive. We become extremely active because we lend money, we earn interest and charges and all the rest of it, and the institution does well. When the world goes well and we’ve had years of growth, as was the case back in 2006 and 2007, the IMF doesn’t do so well both financially and otherwise.”

***

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You can contact Brandon Smith at: brandon@alt-market.com

With global tensions spiking, thousands of Americans are moving their IRA or 401(k) into an IRA backed by physical gold. Now, thanks to a little-known IRS Tax Law, you can too. Learn how with a free info kit on gold from Birch Gold Group. It reveals how physical precious metals can protect your savings, and how to open a Gold IRA. Click here to get your free Info Kit on Gold.

SHTFplan: Inflation Surges In October; Media Blames Gas Prices

Prepare yourself. Buy physical silver and storable food.

A key measurement of inflation, The Consumer Price Index, rose 2.5% in October from a year earlier.  The inflation was linked to rising gas prices by the media, but there’s more to it than just the cost of fuel. Rising inflation is actually also likely tied to the deficit, rising interest rates, and the national debt.

According to a report by Market Watch, Americans paid more in October for gas, rent and used vehicles, triggering the biggest increase in consumer inflation in nine months. There was an increase in the cost of living over the past 12 months as well.  That jumped to 2.5% from 2.3%. The rate of inflation is still below a six-year high of 2.9% set three months ago, however.

Even though the price of gasoline played a role on the rising inflation, the cost of rent, used cars and trucks, medical care, home furnishings, and car insurance also increased and all of these are major household expenses. The worst news, perhaps, is that after adjusting for inflation, hourly wages slipped 0.1% in October. Wages are up a mild 0.7% in the past year, according to CNBC.

This rise in inflation will likely keep the Federal Reserve on their current path of increasing interest rates as well.  The United States’ central bank left interest rates unchanged last Thursday, but it is still expected to increase borrowing costs in December for a fourth time this year. In its statement after last week’s policy meeting, the Fed noted that annual inflation measures “remain near 2 percent.”

Even though most prices rose, prices for new motor vehicles dropped 0.2 percent last month and communications costs fell too. Prices for recreation and personal care products also decreased slightly. However, the minuscule decrease in vehicle prices won’t last long as the trade war with China is still in effect. Economists warn that the cost of a new car could jump up $7000 thanks to the tariffs imposed on Chinese imports by the Trump Administration.

Trade War: Tariffs Could Raise The Cost Of A Car $7000

TFMR: Introducing ONEGOLD

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

via TF Metals Report

With TF

Here’s another weapon in the fight against The Banks and a great alternative to GLD and SLV. Please take a few minutes to listen to this podcast with Ken Lewis, CEO of APMEX.

We are very pleased to announce an advertising sponsorship for this new product from APMEX called ONEGOLD. With the advent of blockchain and secure digital transactions, you finally have an opportunity to buy and sell physical gold and silver with this same simplicity and security.

And I think ONEGOLD is also a great alternative to trading GLD or SLV. Why? Lower fees, no middleman/broker AND easy… (more…)

SHTFplan: Global Climate Sandal: The CA Fires Are Caused By “Illegal And Ongoing Geoengineering”

Prepare yourself. Buy physical silver and storable food.

Newly elected California governor Gavin Newsom has had to declare a state of emergency due to the latest unprecedented wildfires ripping through the state.  But are they so “unprecedented?” Or could these fires be the result of decades of illegal and ongoing climate engineering that Newsome is intentionally ignoring?

California is yet again ablaze, even in November, reported GeoengineeringWatch.org.  “Official authoritarian sources” have tried to convince the easily manipulated masses that the record raging wildfires are because somehow, we are not cutting down enough trees. However, that may be pretty far from the actual truth.  In fact, Dane Wigington, the founder of geoengineergwatch.org states that such a narrative flies in the face of countless verifiable facts. All available data makes it perfectly clear that the single greatest causal factor relating to the epic wildfires all over the globe are the illegal and constantly ongoing geoengineering operations.

In fact, newly elected Democratic governor of California, the previously mentioned Newsom, has been briefed on the climate engineering going on in “his” state nearly five years ago and has done nothing to halt the operations now destroying lives and land.

On February 7th, 2014, I [Dane Wigington] attended a private meeting at the State [of California’s] Capitol with then Lieutenant Governor Gavin Newsom and his top aide, to present irrefutable data on the critical climate engineering issue. The meeting consisted of only the three of us in Gavin’s office. The meeting was facilitated through a mutual contact between Gavin Newsom and myself. Gavin and his staff member did not dispute any of the data presented in the meeting. At one point during the meeting/data presentation, Gavin sat back in his leather chair, took a very deep breath, and stated: “I didn’t need this.” [Which was] an absolute acknowledgment of the geoengineering operations. Unfortunately, then Lieutenant Governor Newsom (now governor Newsom) quickly turned his back on the geoengineering issue. Were Gavin’s career aspirations the superseding priority? Is there really any question about this? –GeoengineeringWatch.org

Wigington then included an exchange between himself and Newsom, in which California’s new governer seeks to limit the rights and freedom of good people over acknowledging that the government is destroying the environment in the state he now “governs.”

On Jan 20, 2016, Dane Wigington wrote:

Hello, Gavin, what will the public feel when they finally wake to the ongoing climate engineering nightmare and they find out that you have been aware of it all along? Since I personally presented the science on this critical issue to you and your top aid in your office some 2 years ago (February 7th 2014), you have disclosed nothing about the ongoing geoengineering atrocities in our skies. The population is waking up, and I can only imagine that they will not be pleased with all those that have helped to hide the climate engineering crimes and instead were focused on mailing out letters like the one your group sent on the message below. 

Sincerely

Dane Wigington

geoengineeringwatch.org

https://www.geoengineeringwatch.org/a-climate-engineering-introduction-to-media-and-the-uninformed/

Governor Newsom’s response to my message is below:

On Jan 20, 2016, at 10:58 AM, Gavin Newsom wrote:

Won’t apologize for focusing on gun 

violence , appreciate your passionate

point of view and respectfully took

the time to meet with you and researched

your concerns , while we

may not share the same conclusion , I wish you the best and will

happily remove your email address from

our database as to no longer burden

you with issues that clearly are not

resonant with you

Sent from my iPhone

My reply to Governor Newsom:

With all due respect, Gavin, mathematically speaking, the amount of human mortality already caused by the highly toxic aerosol heavy metals being sprayed is so vast it could never be quantified. This is not even to mention the endless list of wider threats that are all connected to the ongoing geoengineering insanity. Though I am, of course, all for ending gun violence, the amount of human mortality being caused by this subject (gun violence) is dwarfed beyond belief by the massive climate engineering assault on the planet and the human race. Our legal team will soon file suit on this critical issue which so many state agencies are doing their best to hide from public view. The public has a right to know what is going on above their heads and we have the data to prove it. 

“Our so-called government (including federal) is bought and paid for from the top down. If we are to have any chance whatsoever of exposing and halting the climate engineering programs of global omnicide, it will be from grassroots level campaigns of raising and reaching a critical mass of awareness. Sharing credible data from a credible source is key. Make your voice heard, we must make every day count,” Wiginton writes.

And he isn’t wrong. This is a cover-up of massive proportions.  Instead of focusing on the damage they are causing, governments of the world seek to regulate and control others as some kind of propagated and acceptable control over humanity.  How much evidence will it take to actually wake up the masses? No one knows.  But we highly suggest you follow every link in this article and read them thoroughly before dismissing this as a “wild conspiracy theory” like the government wants you to believe.

To watch Wigington’s video titled “Engineered Drought Catastrophe, Target California,” please click here. 

H/T [GeoengineeringWatch.org]

ZeroHedge: SoCal Fire May Have Ejected “Incredibly Dangerous” Radioactive Particles Into The Atmosphere

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

The 95,000 acre Woolsey fire which has coated Southern California with an apocalyptic orange glow may have released a toxic stew of radioactive particles and toxic chemicals into the air, after scorching the land on closed-down government weapons testing facility in Simi Hills known to be heavily contaminated from decades of experiments. 

Commencing operation in 1947 for Rockwell’s Rocketdyne Division, a government contractor for the Atomic Energy Commission (AEC), the Santa Susana Field Lab (SSFL) has a checkered safety record, to put it lightly. In addition to several nuclear accidents – including the worst nuclear meltdown in US history, toxic materials have accumulated on-site from years of dumping, just miles from thousands of residents. 

It was the site of several nuclear accidents, including the worst nuclear meltdown in US history when, in 1959, facility operators intentionally vented nuclear material from the site’s “Sodium Reactor Experiment” to prevent it from overheating and exploding. By the time the leaks were closed, the site had released 459 times more radiation than was leaked during the better-known 1979 meltdown at Three Mile Island.

The lab property, now owned by airplane manufacturer Boeing, stretches for 2,800 acres in the Simi Hills, and remains contaminated with toxic materials. Thousands of people live within two miles of the site, and roughly half a million live within 10 miles, according to an investigation by NBC 4 Los Angeles. -Quartz  

California officials with the state’s Department of Toxic Substances Control said that as of Friday, November 9, an area of the SSFL site which was scorched by the Woolsey fire posed no danger, stating “Our scientists and toxicologists have reviewed information about the fire’s location and do not believe the fire has caused any releases of hazardous materials that would pose a risk to people exposed to the smoke.” 

A group of concerned physicians begs to differ. 

According to Robert Dodge – a physician and president of Physicians for Social Responsibility Los Angeles, highly toxic materials embedded in SSFL’s soil and vegetation may have been spewed into the air by the Woolsey fire. 

“We know what substances are on the site and how hazardous they are. (more…)

via zerohedge

11 Signs That The U.S. Economy Is Starting To Slow Down Dramatically

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

The pace at which things are changing is shocking the experts.  Just a few months ago, many of the experts were still talking about how the U.S. economy was “booming”, but since then a major shift has taken place.  Most of the headlines have been about the huge stock market declines that we have been witnessing, but things have not been going well for the real economy either.  Home sales are way down, auto sales are plummeting, the retail apocalypse is escalating, the middle class continues to shrink and economic optimism is rapidly evaporating.  We haven’t seen anything like this since 2008, and many believe that the economic downturn that is now upon us will ultimately be even worse than what we experienced a decade ago.  The following are 11 signs that the U.S. economy is starting to slow down dramatically…

#1 When economic activity is rising, demand for oil increases, and oil prices tend to go up.  But when economic activity is slowing down, demand for oil diminishes, and oil prices tend to go down.  That is why what is happening to the price of oil right now is so alarming

US oil prices plummeted 7% to a one-year low of $55.69 a barrel on Tuesday. It was crude’s worst day since September 2015.

The losses in the oil world have been staggering as worries deepen about excess supply. Crude is down 12 straight days, the longest losing streak since futures trading began in March 1983.

#2 One new poll has found that only 13 percent of Americans plan to buy a home in the next year.  That number has fallen for three quarters in a row, and it is now down by almost half over the last twelve months.

#3 As the market dries up, the inventory of unsold homes is absolutely soaring nationwide…

With that in mind, it comes as no surprise that inventory countywide soared 86% among single-family homes and 188% among condos in October compared to a year prior, according to newly published data by the Northwest Multiple Listing Service. It was the most massive year-over-year increase on record, dating back to the Dotcom bust, a rhythm that has some asking: Is the housing industry about to go bust?

#4 California once had the hottest housing market in the entire nation, but now home prices in the state are plummeting like it is 2008 all over again.

#5 According to the latest Bank of America survey, global fund managers are the most bearish that they have been since the financial crisis of 2008…

According to the survey, 44% of the fund managers expect global growth to decelerate in the next year, the worst outlook since November 2008. What’s more, 54% are anticipating a slowdown in Chinese growth in the next year, the most bearish they’ve been in over 2 years.

#6 America’s ongoing retail apocalypse just continues to accelerate.  According to a recent Bloomberg article, things are going so poorly for some mall operators that they “handing over their keys to lenders even before leases end”

Things are getting worse for malls across America. So much worse that their owners are walking away early from struggling properties, a trend that has mortgage bond investors bracing for losses.

Mall operators, eyeing defaults caused or made more likely by shuttered stores such as Sears Holdings Corp., are handing over their keys to lenders even before leases end. That’s forcing loan-servicing companies to either take a shot at running the properties or sell them cheap. And if they’re unable to salvage the debt payments, investors in commercial mortgage-backed securities will take a hit.

#7 Despite the eruption of a major trade war, the U.S. trade deficit with the rest of the world is on pace to set a brand new all-time record in 2018.

#8 One new study discovered that 62 percent of all U.S. jobs do not currently pay enough to support a middle class lifestyle.

#9 At this point, most Americans barely have any financial cushion at all.  According to one recent survey, 58 percent of all Americans have less than $1,000 in savings.

#10 Right now, more than half of all U.S. children are living in households that receive financial assistance from the federal government.

#11 As the economy slows down, an increasing number of Americans are being forced into the streets.  More than half a million Americans are currently homeless, and that number is growing with each passing day.

Meanwhile, more troubling news continues to emerge from Wall Street on a daily basis.  One of the big stories this week has been the fact that General Electric appears to be on the verge of “collapse”.  They have been completely locked out of the commercial paper market, they are being completely overwhelmed by the giant mountain of debt that they are carrying, and their formerly “investment grade” bonds are now being traded like junk.  The following comes from Zero Hedge

Two weeks after we reported that GE had found itself locked out of the commercial paper market following downgrades that made it ineligible for most money market investors, the pain has continued, and yesterday General Electric lost just over $5bn in market capitalization. While far less than the $49bn wiped out from AAPL the same day, it was arguably the bigger headline grabber.

The shares slumped -6.88% after dropping as much as -10% at the lows after the company’s CEO, in an interview with CNBC yesterday, failed to reassure market fears about a weakening financial position. The CEO suggested that the company will now urgently sell assets to address leverage and its precarious liquidity situation whereby it will have to rely on revolvers – and the generosity of its banks – now that it is locked out of the commercial paper market.

GE is not a financial company, but could this be a candidate to become “the next Lehman Brothers”?

The upward economic downturn of the last couple of years is totally gone, and many believe that there will soon be a feverish race for the exits on Wall Street.  If you have not already positioned yourself for the coming crisis, now is the time to do so.  As we saw in 2008, markets tend to go down a whole lot faster than they go up.

And once things get really crazy on Wall Street, the real economy can fall apart at a pace that is breathtaking.  In 2008, millions of people lost their jobs within a matter of months.  This will happen again, and there are an increasing number of signs that this is going to happen much sooner than most people had anticipated.

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

The Last Days Warrior Summit is the premier online event of 2018 for Christians, Conservatives and Patriots.  It is a premium members-only international event that will empower and equip you with the knowledge and tools that you need as global events begin to escalate dramatically.  The speaker list includes Michael Snyder, Mike Adams, Dave Daubenmire, Ray Gano, Dr. Daniel Daves, Gary Kah, Justus Knight, Doug Krieger, Lyn Leahz, Laura Maxwell and many more. Full summit access will begin on October 25th, and if you would like to register for this unprecedented event you can do so right here.

The post 11 Signs That The U.S. Economy Is Starting To Slow Down Dramatically appeared first on The Economic Collapse.

John Bolton, Trump’s National Security Advisor, represents Zionist Israel, Not the United States

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

John Bolton, Trump’s National Security Advisor, represents Zionist Israel, Not the United States

Bolton should be arrested for high treason.

https://www.globalresearch.ca/john-bolton-wins-defender-of-israel-award-from-zionist-lobby-group-that-helped-appoint-him/5659830

The post John Bolton, Trump’s National Security Advisor, represents Zionist Israel, Not the United States appeared first on PaulCraigRoberts.org.

TFMR: TFMR Podcast – Tuesday, November 13

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

via TF Metals Report

With TF

Prices mostly held form today but the utter collapse in crude oil likely doesn’t bode well for tomorrow.

But after a general discussion, we begin today with the usual suspects…the S&P, the POSX and the USDCNH:

The Masses Move Short

By TF

A flood of new Spec money is flowing into the short side of both Comex gold and Comex silver. I wonder how that’s going to work out for them?

Before we get started, thanks again to everyone for your patience and understanding yesterday. Though I’m a little stiff after repeatedly climbing MamaFerg’s stairs yesterday, I’m no worse for the wear and now today we’ll get back to a regular schedule.

Let’s begin with this open interest and Spec shorting situation. As we began to note last week, massive new open interest was flowing in on down days in the Comex metals. Over time… (more…)

ZeroHedge: Turkey’s “Sea Bandit” Threats Are Indirectly Aimed Against The US

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Authored by Andrew Korybko via Oriental Review,

Turkish President Erdogan warned against so-called “sea bandits”.

He was speaking in regards to the controversial issue of energy exploration in disputed Aegean and Eastern Mediterranean territories along his country’s maritime borders with Greece and Cyprus, the latter of which is comprised of a northeastern third that declared itself the “Turkish Republic of Northern Cyprus” and is only recognized by Ankara.

The Turkish leader threatened that his country “will not allow bandits in the seas to roam free just like we made the terrorists in Syria pay”, which strongly implies its intentions to militarily defend it and its ally’s interests against the much weaker forces of Greece and Cyprus, despite the first-mentioned being a “fellow” member of NATO.

It’s more than likely bluster at this point, but his eyebrow-raising rhetoric draws attention to some very important trends.

The first is that maritime tensions along Turkey’s western and southern peripheries have been heating up, partially due to Israel’s prospective plans to build an “EastMed” gas pipeline connecting the self-proclaimed “Jewish State” with Italy via Cyprus and Greece. Not only could drilling take place off of the divided island, but its internationally recognized government could also receive a windfall of revenue by facilitating this pipeline’s transit across its maritime territory, funds that might be withheld from the northeastern region pending an official resolution of the conflict on Nicosia’s terms. President Erdogan understands just how closely connected the topics of Cyprus’ reunification and its energy geopolitics are, hence why he’s taking such a strong stand at this time in a bid to help his ally gain better negotiating leverage.

The second trend that President Erdogan’s polemics seem to address is the increasing sense that his country is being “contained” along its maritime and mainland borders, the first of which was just touched upon while the second deals with the Syrian Kurds and Armenia. It’s well known that Ankara regards the PYG-YPG as terrorists and has militarily intervened against them twice in Syria, while there’s a looming unease that the new pro-Western Color Revolutionary government of Nikol Pashinyan in Armenia might move uncomfortably closer to the US in the coming future. This fear was heightened after US National Security Advisor John Bolton praised the quality of American arms while visiting Armenia late last month, which made some worry that Washington is trying to militarily court Yerevan despite Armenia denying it.

(more…)

via zerohedge