- Barclays Latest To Exit Commodity Trading, Layoff Several Thousand Staff (ZeroHedge, April 20, 2014):
With JPMorgan and Deutsche Bank having exited the commodities business (and numerous other banks discussing it ahead of the Fed and regulators’ decisions over banking rules of ownership), it appears a few short months of regulatory scrutiny is enough to warrant more broad-based cuts across bulge-bracket banks historically most manipulated and profitable business units. As The FT reports, Barclays, one of the world’s biggest commodities traders, is planning to exit large parts of its metals, agricultural and energy business in a move expected to be announced this week. This comes on the heels of Barclays shuttering its power-trading operations (after refusing to pay $470mm in fines) with CEO Jenkins expected to announce several thousand layoffs.
- This Means War: US To Target Putin’s Personal $40 Billion Stash (ZeroHedge, April 20, 2014):
While the White House has continually threatened further sanctions against Russia for non-de-escalation (even as it un-de-escalates itself), the specifics of the additional sanctions have been sparse. German CEO warnings over blowback from economic sanctions… the “nonsense” of replacing Russian gas with US gas… the Russian warnings of “interdependence” and “boomerangs”… all reduce the West’s arsenal of financial sanctions. But, as The Times of London reports, perhaps the US has found a crucial pain point for Putin – a sanctions regime that would target Putin’s personal wealth, which includes a reported $40 billion stashed in Swiss bank accounts.
- Peak Smuggling: Indian Has 12 Gold Bars Removed From His Stomach (ZeroHedge, April 20, 2014):
While US central bankers seem to believe that you can eat iPads, it seems one Indian fellow has taken the ongoing restrictions on gold imports, owning, or transacting in India to a whole new level. As we have noted previously – have led to an epidemic of smuggling as Indians continue to horde the precious metal (the only true source of financial security in their view) by any means possible. As The BBC reports, 12 bars of gold have been removed from the stomach of a 63-year-old businessman in the Indian capital Delhi. The surgeon said he had never seen a “case like this before,” and customs officials were called and confiscated the gold – where whistleblowers for gold smuggling are rewarded more richly than for cocaine and heroine smuggling.
As The BBC reports, and as we have noted before, India, the world’s largest consumer of gold, has seen a record rise in smuggling after a rise in duty on imports of metal to curb the current account deficit.
Last year India’s government hiked the import duty on gold three times to curb demand for the precious metal. Gold imports, which had peaked at 162,000kg in May 2013, came down to 19,300kg in November after the hike.
But this takes the proverbial biscuit… Continue reading »
- FBI Uncovers Al-Qaeda Plot To Just Sit Back And Enjoy Collapse Of United States (THE ONION, April 15, 2014):
WASHINGTON—Putting the nation on alert against what it has described as a “highly credible terrorist threat,” the FBI announced today that it has uncovered a plot by members of al-Qaeda to sit back and enjoy themselves while the United States collapses of its own accord.
Multiple intelligence agencies confirmed that the militant Islamist organization and its numerous affiliates intend to carry out a massive, coordinated plan to stand aside and watch America’s increasingly rapid decline, with terrorist operatives across the globe reportedly mobilizing to take it easy, relax, and savor the spectacle as it unfolds.
“We have intercepted electronic communication indicating that al-Qaeda members are actively plotting to stay out of the way while America as we know it gradually crumbles under the weight of its own self-inflicted debt and disrepair,” FBI Deputy Director Mark F. Giuliano told the assembled press corps. “If this plan succeeds, it will leave behind a nation with a completely dysfunctional economy, collapsing infrastructure, and a catastrophic health crisis afflicting millions across the nation. We want to emphasize that this danger is very real.”
“And unfortunately, based on information we have from intelligence assets on the ground, this plot is already well under way,” he added.
- Picture: Bundy Family Uncovers New BLM Cattle Grave (Appalachian Area News, April 20, 2014):
A new photo released by the Bundy family posted to the official Bundy Ranch Facebook page Sunday shows more evidence that the Bureau of Land Management was illegally killing and burying cattle.
The image shows multiple dead cows being removed from what appears to be a mass grave discovered over the weekend.
“Digging up one of the HUGE holes where they threw the cows that they had ran to death or shot,” the facebook description reads. “I feel that this NEEDS to be put out for the public to see.”
- The Secret World Of Gold (ZeroHedge, April 20, 2014):
In light of the Chinese demand we discussed earlier, the ongoing manipulation of ‘rigged’ markets everywhere, and rising geopolitical tensions (as the de-escalation continues), we thought it worth dusting off this excellent and wide-ranging look at the history and present of the barbarous relic, gathering many perspectives (pro and con) on gold.
The following documentary moves from historical shipwrecks to Nazi ‘death gold’ and England’s war chest to recent years where widespread economic uncertainty has given the yellow metal a “new luster in the world of high finance.” Valued for its permanence, beauty and scarcity, people will lie, cheat, steal and kill in the name of gold; and the clip provides color on many of the market manipulations of the last few years. As MacDonald says, whether it’s a few gold coins or gold bars stored in one of the many vaults around the world, many investors are taking a shine to gold. But there’s not a lot of it. It is said that, even melted down, there would not be enough to fill an Olympic swimming pool. Some claim that much of the gold held by the Bank of Canada, the Bank of England, the Federal Reserve and Fort Knox is gone – that for every 100 ounces of gold traded, there exists only one ounce of real, physical gold. So, where is the gold – and who really owns it?
So is the vaccine actually causing the disease here?
As a side note: It takes usually only one acupuncture treatment to cure mumps.
- 8 mumps cases at NJ college (MYFOXNY, April 18, 2014):
The New Jersey Department of Health is investigating eight confirmed cases of mumps found in students at Stevens Institute of Technology.
The college in Hoboken says the students range in age from 18 to 21. All were fully vaccinated with two documented doses of mumps-containing vaccine.
- NJ Mumps Victims Were Vaccinated, Officials Say (ABC News, April 18, 2014):
An outbreak of mumps among New Jersey college students has highlighted the “weak sister” in the MMR vaccine.
At least eight students at the Stevens Institute of Technology in Hoboken have contracted the contagious virus despite having received two doses of the measles, mumps and rubella vaccine, according to the college.
- BNP Banker, His Wife And Nephew Murdered In Belgium (ZeroHedge, April 20, 2014):
In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy (and tax evasive) Lichtenstein by a disgruntled client. Then on Friday news hit of another execution-type murder in just as sleepy, if not so tax evasive, Belgium, where in the city of Vise, a 37-year-old Director at BNP Paribas Fortis was murdered alongside his wife and a 9 year old nephew in a premeditated and orchestrated drive-by shooting.
According to Marcel Neven, Mayor of Vise, nothing can yet explain what caused the violent shooting that rocked the neighborhood sports hall of his town this Friday, April 18, late at night. A man of 37 years, Benedict Philippens, bank manager Ans-Saint-Nicolas, was shot. A little 9 year old boy, living in Dolhain, was also killed. A lady, the wife of the man and the boy aunt and godmother, Carol Haid, 37 also died of his injuries on Saturday, in the morning. She was hit by three bullets in the back, said a judicial source.
According to information from the survey and some witnesses, a car waiting outside their house Berneau street near the sports hall Visé. When the victims’ car is back in the driveway, shots were fired from the car that waited patiently. The author of the shots is actively sought. Continue reading »
- Five Reported Killed In East Ukraine Following Ultra-nationalist Attack (ZeroHedge, April 19, 2014):
And to think it was just two days ago when all the USDJPY momentum ignition algos roared to life on flashing headline news of yet another diplomatic “de-escalation” of tensions in Ukraine. What was clearly ignored is that since John Kerry was involved, it was nothing but the latest sham. And the proof came moments ago when Reuters reported, citing Russian state television on Sunday, that five people were killed when Ukraine gunmen attacked a checkpoint manned by pro-Russian separatists near the eastern Ukrainian city of Slaviansk.
- The Ug99 fungus: A time bomb for world wheat crop (Los Angeles Times)
- Airborne fungus Ug99 threatens global wheat harvest (The Guardian):
“The US army produced wheat rust as part of its biological weapons programme in the 1960s”
- UN alert: One-fourth of world’s wheat at risk from new fungus (World Tribune)
- Billions at risk from wheat super-blight (New Scientist)
- Wheat rust: The fungal disease that threatens to destroy the world crop (Independent, April 18, 2014):
Experts in Europe and Africa are racing to develop resistant grain varieties as university researchers predict the likely spread across continents of the air-borne spores of the fungus
Scientists are warning that wheat is facing a serious threat from a fungal disease that could wipe out the world’s crop if not quickly contained. Wheat rust, a devastating disease known as the “polio of agriculture”, has spread from Africa to South and Central Asia, the Middle East and Europe, with calamitous losses for the world’s second most important grain crop, after rice. There is mounting concern at the dangers posed to global food security.
Experts have been aware of the threat since a major epidemic swept across North America’s wheat belt in the 1950s, destroying up to 40 per cent of the crop. Since then, tens of millions of pounds have been invested in developing rust-resistant varieties of the grain. However, an outbreak in Uganda in 1999 was discovered to have been caused by a virulent mutation of the fungus. There has been alarm at the speed at which further mutations have subsequently developed and spread across continents.
- Report indicates that US aligned regimes are preparing for war (RT, April 18, 2014):
Every year the Stockholm International Peace Research Institute (SIPRI) releases a study on military spending around the world. This year’s report contains many interesting details.
Some things in the report presented by the United Nations Commission on disarmament on April 14 have not changed at all. As has been the case for decades, the United States remains the largest military spender in the world, despite the much heralded “defense cuts.” The US, NATO, and “non-NATO US allies” account for over 64 percent of all military spending in the world.
Preparations for war in the Middle East?
The report, however, pointed out that US aligned regimes in the Middle East are rapidly increasing their military spending, and purchasing modern, high-tech weapons. The list of US aligned states in the Middle East is a collection of autocratic, repressive kingdoms and emirates. These countries are not “democratic” by any stretch. Saudi Arabia, Qatar, Oman, Bahrain, and other states are absolute monarchies. People are flogged, stoned, and beheaded routinely. Torture goes on without apology, and no elections take place. “Free speech” is nearly non-existent, as people are locked up, arbitrarily killed, and otherwise repressed for speaking out.
- Concerned officials now considering ban on Japan food items — Nuclear scientists previously told gov’t to halt all imports after finding high radiation levels — Never implemented due to fear of hurting bilateral relationship (ENENews, April 19, 2014):
The Nation, Apr. 18, 2014: Pakistan may ban Japan edible items [...] in case if traces of radioactive material are found on them. Federal Minister of Commerce Khurum Dastgeer Khan told the Senate on Thursday, currently the Ministry of National Food Security and Research is tasked to conduct thorough research to determine either the edible items from Japan were infected by radioactive rays or not. [...] Senator Suriya Amiruddin who was interested to know whether there is any proposal under consideration of the Government to impose ban on import of edible items from Japan to avoid negative effect of radiation in those items. [...] in April 2011, Pakistan Nuclear Regulatory Authority had directed authorities dealing with Cargo arriving directly or indirectly from Japan to screen all types of consignments including edible/non-edible, for radiation. [...] The directives were issued from the country’s well-reputed institution Pakistan Nuclear Regulatory Authority [...] The PNRA made clearance mandatory for every consignment being imported from Japan. It is worthy of mentioning here that country’s nuclear scientists had advised the federal government three years back to halt all types of goods from Japan to minimize the threat of radiation following the Fukushima Nuclear Crisis in Japan. The scientists had advised the government after they detected high level of Iodine from the consignments imported from Japan. [...] in view that the move to ban imports from Japan may hurt bilateral relationship between the two friendly countries, the Pakistani government never imposed ban on import of goods from Japan.
Al Jazeera April 18, 2014
Eighty thousand buildings fill Detroit’s landscape, the result of 50 years of decline. Unsightly and dangerous abandoned buildings line city streets in crime-filled neighborhoods. Now, Detroit is embarking on an effort to clean house. In its bankruptcy restructuring, the city has proposed to set aside half a billion dollars toward demolishing and fixing up rundown buildings. Bisi Onile-Ere reports from Detroit, Michigan.
China revealed a major state secret … and just told another lie.
20%??? Make that 60% and we’re probably much closer to the truth.
I’ve studied acupuncture in China and even back then China was already polluted.
My Tai Chi teacher told us in 1997 that Chinese herbs are contaminated and have become pretty much worthless and outright dangerous to one’s health.
(They had to heavily contaminate China and bombard them with our junk food, because otherwise it would be almost impossible to depopulate China. And killing 6 billion people is not an easy task.)
At least we can be rest assured that China’s elites know what is good for them:
- China just revealed a major state secret: nearly 20% of its farmland is polluted (Quartz, April 18, 2014):
Almost one-fifth of China’s farmland is polluted, according to a government report released this week. Officials have acknowledged the country’s problems with water and air pollution, but the extent of soil contamination has been a closely guarded “state secret,” for fear of incriminating certain provinces or companies.
About 19.4% of China’s farmland is polluted by cadmium, nickel and arsenic, according to the seven-year study that analyzed a little over half of China’s entire land area. One-fifth of China’s total arable land is about 26 million hectares (64 million acres), the same area as the United Kingdom, by the most recent estimates.
- ‘More sanctions against Russia is mutually assured economic destruction’ (RT, April 18, 2014):
Patrick L Young is expert in global financial markets working in multiple disciplines, ranging from trading independently to running exchanges.
At this juncture more sanctions is ultimately economic suicide, and mutually assured economic destruction, global financial markets expert Patrick Young told RT.
“The West is not remotely secure enough in its own economic recovery for the economy to actually withstand sanctions,” Patrick added.
“Stage one, stage two sanctions really don’t demand too much, they are the equivalent in naval warfare of firing a shot across the bows of another ship in order to warn them that there could be some other problems ahead,” he said.
On Thursday the President Barack Obama said that his administration is prepared to take further actions against Russia if the Geneva agreement concerning the crisis in Ukraine fails to bear fruit.
Patrick Young believes, the US is pursuing its own interests pressing with threats of more sanctions on Moscow. Continue reading »
- Peaches Geldof Found Dead at Age 25: “Sudden and Unexplained”, a Year After Announcing Initiation to the O.T.O. (Vigilant Citizen, April 8, 2014):
There is however one important element that needs to be considered while investigating her fate : She died about a year after announcing the her fans her initiation into the occult secret society Ordo Templi Orientis (O.T.O). On March 11th 2013, Peaches tweeted:
“#93 #Thelema #o.t.o for all my fellow Thelemites on instagram!”
Thelema is the name of the philosophy taught in the O.T.O. It was written by occultist Aleister Crowley.
Peaches urged her social media followers to learn about the O.T.O, which caused a surge of interest for the secret society in mass media (well, tabloid news).
The O.T.O was mentioned countless times on Vigilant Citizen as it is one of the most powerful secret societies in existence today. Based on Aleister Crowley’s Thelema, the O.T.O revolves around the concept of sex magick to attain spiritual illumination. The O.T.O considers itself to be the true heir of the Knight Templars and the Bavarian Illuminati. Crowley’s texts also contained several thinly veiled allusions to human ritual sacrifice to attain magical potency. Was Peaches sacrificed?
- Ukraine Jew registration hoax traced (PressTV, April 19, 2014):
By Gordon Duff
Email intercepts that included the original copies of anti-Semitic leaflets distributed in Eastern Ukraine have now been shown to be part of an elaborate false flag hoax to sabotage recent US-Russian talks.
The hoax, a “game theory warfare” operation, was meant to “sucker punch” both Russia and the US. If those responsible, in this case the New York based ADL, were caught, and they have been, there would be no consequences.
The ADL is “untouchable.” When Secretary of State Kerry expressed his revulsion at Nazi leaflets demanding that Jews in Ukraine “register” with a non-existent government agency, little did he know he was the victim of an elaborate and highly dangerous false flag hoax.
Anonymous Ukraine, the group that intercepted emails outlining false flag terror attack plans made by the US Embassy in Kiev in March, has done it again. Emails intercepted between Washington DC offices tied to the Anti-Defamation League sent to neo-Nazi extremists in the Ukraine were the sources of the outrageous materials.
Earlier intercepted emails outlined plans for an attack on Melitopol Airport scheduled for March 10, 2014. When those plans and the attached maps showing where explosives were to be planted were leaked, the planned attack failed to materialize.
Those emails showed direct ties between the US State Department and terrorist groups within the Ukrainian military. According to Anonymous, the current intercepted emails included several attachments, each different version of the anti-Semitic leaflets passed out in the pro-Russian Eastern Ukraine, particularly in the city on Donetsk.
- Report: Orders demanding Jews to register in Ukraine are fake (Intellihub, April 18, 2014):
The viral story about Jews being forced to register or face deportation in Ukraine is reportedly false
UKRAINE (INTELLIHUB) — According to articles published by Israeli news organization Ynet and USA Today, the new government in a pro-Russian sector of Ukraine was handing out flyers demanding that Jewish people register with the government or face deportation.
These flyers did unfortunately exist, but according to recent reports they were forgeries, and the local government is not actually forcing Jews to register with the government.
- “Everything we are told about deflation is a lie” (The Cobden Center, April 9, 2014):
“The European Central Bank has given its strongest signal yet that it is prepared to embrace quantitative easing to prevent the euro zone from sliding into deflation or even a prolonged period of low inflation.”
- ‘Draghi strengthens QE signal’, Financial Times, April 4, 2014.
Yes, heaven protect Europe’s embattled citizens and savers from a prolonged period of low inflation. How could they possibly survive it ? Continue reading »
- Iran Gets an Unlikely Visitor, an American Plane, but No One Seems to Know Why (New York Times, Aprill 18, 2014):
President Obama has warned that Iran is not open for business, even as the United States has loosened some of its punishing economic sanctions as part of an interim nuclear pact.
Yet on Tuesday morning, Iran had an unlikely visitor: a plane, owned by the Bank of Utah, a community bank in Ogden that has 13 branches throughout the state. Bearing a small American flag on its tail, the aircraft was parked in a highly visible section of Mehrabad Airport in Tehran.
But from there, the story surrounding the plane, and why it was in Iran — where all but a few United States and European business activities are prohibited — grows more mysterious.
- The Political Conspiracy Behind the Bankruptcy of Detroit: Anatomy of a Crime (WSWS, Feb 21, 2014):
The Workers Inquiry into the Bankruptcy of Detroit and the Attack on the DIA & Pensions was held Saturday February 15 at Wayne State University. The WSWS published an initial report on the meeting on February 17. Today we publish an edited version of the report to the Inquiry delivered by Larry Porter, assistant national secretary of the Socialist Equality Party and chairman of the Workers Inquiry.
Video coverage of Lawrence Porter’s full report to the Inquiry
Why was Detroit taken into bankruptcy?
In my report, I have the responsibility of uncovering the evidence of a crime.