Dec 17

- Gold Imports ‘Phenomenal’ In India – 571 Percent Surge To 150 Tonnes in November (Goldcore, Dec 16, 2014):

India’s gold imports were over a staggering 150 tonnes in November and have seen a “phenomenal” rise in India according to India’s Trade Secretary, Rajeev Kher.

A few weeks ago we said that the death of the Indian gold market was greatly exaggerated. The latest gold import data out of India confirms this.

India Gold Imports

The import restrictions on gold that were imposed on Indians in August of 2013 were lifted at the end of last month. Despite the fact that the restrictions were still in place gold importation in November surged an incredible 571% relative to the same month last year at over 151.58 tonnes.

This was an increase of 38 percent from 109.55 tonnes a month earlier, trade ministry data showed on Tuesday.

Continue reading »

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Dec 17

20141217_RUB2

- Russian Central Bank Releases 7 Measures It Will Take To Stabilize The Financial Sector (ZeroHedge, Dec 17, 2014):

In its latest effort to counter financial instability – and show its commitment to maintaining order and support for the economy – Russia’s Central Bank (CBR) has unveiled 7 new measures… Ranging from bank recaps to measures aimed at helping manage interest-rate and credit risks, the reaction in the Ruble is positive for now… as perhaps, taking a lesson from the US, The CBR removes Mark-to-Market accounting for various credit instruments. Continue reading »

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Dec 17

elite-puppet-president-and-wall-street-banksters

- Obama signs $1.1 trillion government spending bill (Reuters, Dec 17, 2014):

President Barack Obama on Tuesday signed a $1.1 trillion spending bill passed by Congress last week that lifted the threat of a government shutdown.

The legislation funds most government agencies through September 2015. The Department of Homeland Security will be treated differently, getting a funding extension only through Feb. 27, by which time Republicans will control both chambers of Congress.

Passage of the 1,603-page bill was a long struggle in the Senate and the House of Representatives marked by bitter disputes over changes to banking regulations and Obama’s recent executive order on immigration.

cromnibus-citi

Source: Politico

- Are You Really Ready For The World To Be Ruled By Bankers? (ZeroHedge, Dec 16, 2014):

Martin Armstrong via Armstrong Economics, has some strong opinions…

Believe it or not, Citigroup announced on Friday that it would move its headquarters from New York to the actual U.S. Capitol Building, in Washington, D.C., in early 2015. Yes! They might as well had since they got everything they wanted… Could you imagine. Continue reading »

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Dec 17

apec-us-china-russia-obama-putin-xi

Surely all of this has nothing to do with Russia! Right?


Cuba embargo caricature

- President Obama “Normalizes” Relations With Cuba, Opens Diplomatic Channels; USAID Chief Resigns – Live Feed (ZeroHedge, Dec 17, 2014):

Odd… during a week when President Obama prepares to launch new sanctions against Venezuela and Russia, The White House admits, “It is clear that decades of U.S. isolation of Cuba have failed to accomplish our enduring objective of promoting the emergence of a democratic, prosperous, and stable Cuba.”

Diplomatic relations between the United States and Cuba were severed in January 1961 after the rise of Fidel Castro and his Communist government. Mr. Obama has instructed Secretary of State John Kerry to immediately initiate discussions with Cuba about reestablishing diplomatic relations and to begin the process of removing Cuba from the list of states that sponsor terrorism, which it has been on since 1982, the White House said.

President Obama will speak on the matter at 12:01ET….

The Good news…

Here’s The President in 2010… Statement by the President on the Human Rights Situation in Cuba Continue reading »

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Dec 17

H/t reader squodgy:

“If you really believe N.Korea is behind this, I have some of Saddam’s nuclear weapons for sale.

Hackers? How about a pretense for enacting cyber martial law (censorship of alternative media while PNAC engages in the next step of making war vs Russia.)

At the council of the Beast:
“Hey, fellow lizard-people [bankers, khazars, and other parasitic demons of this planet], we seem to be some 18 to 60 trillion dollars in debt. We desperately need a false flag scapegoat to blame for our impending financial collapse, now that BRICS are raining down on us. Let’s set up a global campaign of false flags, including cyberattacks and our pet armies of IS [let’s not degrade the name of the Goddess, please], leading up to our grand finale when we nuke wall street and send a fleet of MiG drones to attack European civilians, then we can implement the endgame of PNAC, because we have already lost to Eurasia economically and must start the main phase of WW-PNAC before BRICS military capability exceeds ours, which will happen very soon at the present rate.”

Author said:
“For example, what happens if the same group […] decides to
hack […] nuclear power plants and force them into critical meltdowns?”

Well, i dunno, why don’t you ask the programmers of STUXNET over at CIA-Mossad? They seem to have experience with such things, having earned the record for the worst friendly-fire incident ever, when their virus leaked from Iran to Japan, causing Fukushima Daiichi’s emergency systems to fail, killing or mutating all life in and on the Pacific?”


The-interview-Sony-hack

- Hackers in charge: Sony hack and theater pullback reveals new era of hackers trouncing multinational corporations (Natural news, Dec 17, 2014):

Note the day of December 16th, 2014. That day will mark a milestone in history because it was the first time a U.S. cinema chain censored the launch of a movie due to threats from hackers.

“Carmike Cinemas has canceled the nationwide Christmas Day release of Sony’s ‘The Interview,’ the first theater chain to do so on the day hackers threatened 9/11-like attacks on theaters that showed the movie,” reported The Wrap today. [1]

Sony pictures has been under siege ever since an elaborate hack stole studio files and emails, some of which have already been released to the great embarrassment of studio executives and Hollywood stars. Natural News hasn’t covered any of this because it all seemed so pointless… until today. Continue reading »

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Dec 17

Shitibank

More here:

- THe CRoMNiBuS OF LiBeRTY… (ZeroHedge, Dec 16, 2014)

 

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Dec 17


- PIGMEN WIN AGAIN (The Burning Platform, Dec 16, 2014):

“The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they’re an irrelevancy. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the Senate, the Congress, the statehouses, the city halls. They’ve got the judges in their back pockets. And they own all the big media companies, so that they control just about all of the news and information you hear. They’ve got you by the balls. They spend billions of dollars every year lobbying ­ lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else.”
- George Carlin

Too Pig To Fail - Congress

After the disgusting example of politicians of both spineless parties bowing down before Wall Street, the military industrial complex and corporate interests this weekend with the passage of a bloated pig of a spending bill totaling $1.1 trillion, how can anyone not on the payroll of the vested interests not admit there is only one party – and it serves only the needs of the wealthy business interests. Obama, champion of the common folk, signed this putrid example of political corruption and corporate capture of the American political system. For all the believers who voted for the red team in the November mid-terms, this is what you got – a bipartisanship screwing of the American people. Continue reading »

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Dec 17

whiskey japan

- Soaring Inflation Around The Globe: Cartier Hikes Russian Prices By 50%, Suntory Whiskey Prices Surge 25% In Japan (ZeroHedge, Dec 17, 2014):

As the Fed continues to rely on seasonally-adjusted survey data to validate its belief that the time to hike rates is coming, even as market-implied inflation swap rates are back to 2008 levels, the one thing that continues to happen everywhere but in the US is precisely what the Fed wishes for the US (as we reported yesterday): devaluaing currencies and spiking inflation (and expectations), without any accompanying rise in wages, have lead consumers to a buying frenzy in Russia, and to a far lesser extent Japan. As a result, providers of products and services in these countries have been scrambling to match prices to demand, especially since the demand is purely the result demand brought forward due to plunging currencies, not the result of some magical source of widespread wealth. Case in point, Cartier, the luxury jewelery maker, raised its Russian prices by as much as 50 percent after the ruble plunged to a record low.

 

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Dec 17

Vladimir-Putin

- A Full-Blown Economic Crisis Has Erupted In Russia (Economic Collapse, Dec 16, 2014):

The 8th largest economy on the entire planet is in a state of turmoil right now.  The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is.  Sales of oil and natural gas account for approximately two-thirds of all Russian exports and approximately 50 percent of all government revenue. So it should be no surprise that the fact that the price of oil has declined by almost 50 percent since June is absolutely catastrophic for the Russian economy.  And when you throw in international sanctions, wild money printing by the Central Bank of Russia and unprecedented capital flight, you get the ingredients for an almost perfect storm.  But those of us living in the western world should not be too smug about what is happening in Russia, because the nightmare that is unfolding over there is just a preview of the economic chaos that will soon envelop the whole world.

So far this year, the Russian ruble has fallen nearly 50 percent against the U.S. dollar.  That is a monumental shift.  And as the collapse of the ruble has accelerated in recent days, we are seeing scenes in Russia that are reminiscent of the Weimar Republic.  For example, just consider the following excerpt from an article that just appeared in the New York TimesContinue reading »

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Dec 17

RUB back teaser

- “Ruble Trading To Resume” (ZeroHedge, Dec 17, 2014):

As already noted, yesterday one after another FX broker scrambled to disconnected the Russian currency from the system due to “western banks stopping quoting pricing” and as a result of epic volatility (and as everyone knows, brokers prefer to only trade those pairs where they know with near certainty they can pick 1 pip or so from every trade which is why they prefer stability and orderly markets). However, in the aftermath of today’s announcement that the Russia finance ministry will join the central bank in selling reserves, the RUB has found a bid. And sure enough, here come the FX brokers barging back, advising that Ruble trading is set to resume this afternoon. Continue reading »

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Dec 17

Putin-Gold

- Surprise! Guess which currency has stronger fundamentals— the dollar or… ruble? (Sovereign Man, Dec 16, 2014):

Last night, the Russian central bank announced a shock decision to hike up its key interest rate from 10.5% to 17%, effective immediately. Incredible.

On Monday alone the ruble declined more than 9% against the dollar, and almost 50% in 2014. It looks like a massacre.

If you listen to conventional financial news, they’ll all tell you that you’d have to be insane to own anything in Russia right now—stocks, bonds, currency, etc.

They’ll tell you that the ruble is in freefall, and that the dollar is the place to be.

But if you have been a reader of this column for any length of time, you know that I am a very data-driven person.

So… just for kicks, I decided to dive into the numbers and make an objective comparison between the US dollar and the Russian ruble.

The results might surprise you.

Continue reading »

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Dec 17

ISIS-1

- ISIS Unleash “Scorpion” Bombs In Iraq (ZeroHedge, Dec 16, 2014):

Just when you thought you had seen it all, Islamic State militants turn up the amplifier of terror to 11. As The Mirror reports, ISIS is launching bombs containing live scorpions as the latest terror weapon in Iraq. Canisters of the creatures are being blasted into towns and villages, according to a British military expert who has just returned from the country. Hamish de Bretton-Gordon, ex-head of chemical and biological weapons for the Army and Nato, said: “it’s madness. IS have improvised devices to launch them.” The weapon harks back to the scorpions stuffed into pots and launched by Iraqis thousands of years ago – in 198 AD.

As The Mirror reports,

Islamic State militants are launching bombs containing live scorpions as the latest terror weapon in Iraq. Continue reading »

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Dec 17

Gold-Vault

- Commodity Trading Giant Exits Physical Gold Due To “Lack Of Physical With A Documented Origin” (ZeroHedge, Dec 16, 2014):

Back in March, otherwise very under-the-radar Swiss commodities trading giant Gunvor and the fifth largest oil trader in the world, made headlines in the press when one of its then-Russian owners, billionaire Gennady Timchenko (estimated net worth of $8.5 billion), sold his entire 44% stake in the company to his partner in the firm, Torbjorn Tonqvist, just a day before the US revealed its first round of sanctions against individuals affiliated with the Putin regime. Timchenko was among them. As a result of the sale, however, Gunvor avoided falling on the US sanctions list and a Treasury official said that “Gunvor Group Ltd. isn’t subject to automatic blocking from dealing with U.S. persons under Russian sanctions because co-founder Gennady Timchenko owns less than 50 percent of the company.”

Since then the Geneva-based company rarely appeared in the media which is how the nondescript company lliked it. Until last week, that is, when Bloomberg reported that the company was giving up trading physical precious metals, read gold, less than a year after the commodity house started a business dedicated to buying and selling gold. Gunvor is, or rather was, one of the few large commodity firms that handles precious metals. The move into gold was part of an expansion into non-oil businesses that now include iron ore, industrial metals and natural gas. Gold trading was done by a handful of people in Singapore and Geneva.

Gunvor’s move away from physical commodities trading in itself is not surprising: recall that first it was Germany banking titan Deutsche Bank which announced it would no longer trade physical precious metals last month. Continue reading »

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Dec 17

First, of course I do not believe anything MSM or the government tells me.

Second, if this poll numbers were actually true, then everybody in support of torture should get waterboarded (our brave politicians and all of their family members who are in support of it first!!!), to make sure that they know what they are talking about. And then we’ll ask them again, if they are still in support of torture.

Third, let theAmerican people know what the CIA is doing …

- Former UK ambassador: CIA sent people to Uzbekistan for extreme torture, to be ‘raped with broken bottles,’ ‘boiled alive’ and ‘having their children tortured in front of them’:

Craig Murray, the rector of the University of Dundee in Scotland and until 2004 the UK’s ambassador to Uzbekistan, said the CIA not only relied on confessions gleaned through extreme torture, it sent terror war suspects to Uzbekistan as part of its extraordinary rendition program.

“I’m talking of people being raped with broken bottles,” he said at a lecture late last month that was re-broadcast by the Real News Network. “I’m talking of people having their children tortured in front of them until they sign a confession. I’m talking of people being boiled alive. And the intelligence from these torture sessions was being received by the CIA, and was being passed on.”

… and if they are really willing to support this.


Torture Made In USA

- New Poll Finds 59% Of Americans Support Post-9/11 Torture – Propaganda, Cultural Sickness, Or Both? (Liberty Blitzkrieg, Dec 17, 2014):

Ever since the torture report was released last week, U.S. television outlets have endlessly featured American torturers and torture proponents. But there was one group that was almost never heard from: the victims of their torture, not even the ones recognized by the U.S. Government itself as innocent, not even the family members of the ones they tortured to death. Whether by design (most likely) or effect, this inexcusable omission radically distorts coverage.

Whenever America is forced to confront its heinous acts, the central strategy is to disappear the victims, render them invisible. That’s what robs them of their humanity: it’s the process of dehumanization. That, in turns, is what enables American elites first to support atrocities, and then, when forced to reckon with them, tell themselves that – despite some isolated and well-intentioned bad acts – they are still really good, elevated, noble, admirable people. It’s hardly surprising, then, that a Washington Post/ABC News poll released this morning found that a large majority of Americans believe torture is justified even when you call it “torture.” Not having to think about actual human victims makes it easy to justify any sort of crime.

– From Glenn Greenwald’s latest piece: U.S. TV Provides Ample Platform for American Torturers, but None to Their Victims

After reading about a new poll that shows 59% of Americans support post 9/11 torture, I’ve spent the entire morning thinking about what it means. Does this confirm the total degeneration of American culture into a collective of chicken-hawk, unthinking, statist war-mongering automatons? Alternatively, does it merely reflect the effectiveness of corporate-government propaganda? Is it a combination of both? How does the poll spilt by age group?

These are all important questions to which I do not have definitive answers, but I have some thoughts I’d like to share. First, here are some of the observations from the Washington Post: Continue reading »

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Dec 17

Sure!


crying arab

“Oil May Drop To $25 On Chinese Demand Plunge, Supply Glut, Ageing Boomers” (ZeroHedge, Dec 17, 2014):

Most commentators remain in a state of denial about the enormity of the price fall underway. Some, failing to understand the powerful forces now unleashed, even believe prices may quickly recover. Our view is that oil prices are likely to continue falling to $50/bbl and probably lower in H1 2015, in the absence of OPEC cutbacks or other supply disruption. Critically, China’s slowdown under President Xi’s New Normal economic policy means its demand growth will be a fraction of that seen in the past. This will create a demand shock equivalent to the supply shock seen in 1973 during the Arab oil boycott. Today’s ageing Boomers mean that demand is weakening at a time when the world faces an energy supply glut. This will effectively reverse the 1973 position and lead to the arrival of a deflationary mindset…. Prices have so far fallen $40/bbl from $105/bbl since we first argued in mid-August that a Great Unwinding was now underway. And there have been no production cutbacks around the world in response, or sudden jumps in demand. So prices may well need to fall the same amount again.

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Dec 17


Dec 15, 2014

Description:

Merging medical information with your drivers license information. It’s all about increased concentration in this North American Union. Dan Dicks of Press For Truth talks to Kelly Scott Kolodiazny, a medical cannabis user who renewed his drivers license only to find his medical marihuana ID planted on the drivers’ license card. He can’t get answers as to why his drivers abstract now has his medical information.

“ICBC, the RCMP, border guards… Why do all these people need my medical information? That’s between me and my doctor. And it shouldn’t be between anybody else.”

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Dec 17

- Caption Contest: Dry-Cleaning Edition (ZeroHedge, Dec 17, 2014):

Just the girl next door…

Bill-Clinton

Bill Clinton Porn Stars

- Bill Clinton — SURROUNDED By Porn Stars in Monaco -TMZ

- Bill Clinton Poses With Porn Stars – ABC News

- Bill Clinton Poses With Porn Stars – Huffington Post

bill_clinton-handsign

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Dec 16

- Western Banks Cut Off Liquidity To Russian Entities (ZeroHedge, Dec 16, 2014):

As Zero Hedge first reported today, shortly before noon one (and subsequently more) FX brokers advised clients that any existing Ruble positions would be forcibly closed out because “western banks have stopped pricing USDRUB“, over concerns of Russian capital controls. Ironically, it was this forced liquidation of mostly short RUB positions that pushed the RUB higher, which in turn had a briefly favorably impact on energy commodities and risk assets, as the market had by then perceived the Ruble selloff as excessive. Of course, since nothing had actually changed aside from a temporary market technical, the selloff promptly resumed into the close of trading once the market finally understood what we had explained hours previously.

And unfortunately for the bulls, various falling knife-catchers, and those who hope the Russian situation will stabilize imminently with or without capital controls, it appears things in Russia are about to get a whole lot worse because as the WSJ reports, the next driver of the Russian crisis is likely to come from within the banking system itself because global banks are curtailing the flow of cash to Russian entities, a response to the ruble’s sharpest selloff since the 1998 financial crisis.”

Presenting Russia’s banks: now cut off from the outside world as the second cold war goes nuclear, at least when it comes to the financial system:
Continue reading »

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Dec 16

Total Market Chaos

- Total Chaos: Massive Market Moves Spark Selling-Panic Into Close (ZeroHedge, Dec 16, 2014)

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Dec 16

FYI.


- Outspooking The Lehman Apocalypse: Could A Russian Default Be In The Cards? (ZeroHedge, Dec 16, 2014):

Via Mint – Blain’s Extra Porridge,

“Nazhmite Lyubuyu Stavku…“

Extra Comment – this might be getting serious.

russia-cds

Russia’s markets have been spanked hard despite last night’s hike. 19% currency crash and 13% down stocks in a session. Ouch! Cumulatively, over the past few weeks stocks, oil and the Ruble are off 50% plus, and bonds off 40%. This morning felt like free-fall. Expect more action from the Russians to stave off economic catastrophe… imminent capital controls are rumoured, but markets are demonstrating a massive loss of confidence.

Lots of old market hands are talking about how its similar to the Russia default and crash of ‘98 all over again.. Actually.. its worse.

Much worse. Continue reading »

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