Dec 08

silver-coins

Deutsche Bank Provides “Smoking Gun” Proof Of Massive Rigging And Fraud In The Silver Market:

Back in April, when we first reported that Deutsche Bank had agreed to settle allegations it had rigged the silver market in exchange for $38 million, we revealed something stunning: “in a curious twist, the settlement letter revealed that the former members of the manipulation cartel have turned on each other“, and that Deutsche Bank would provide docments implicating other precious metals riggers. To wit: “In addition to valuable monetary consideration, Deutsche Bank has also agreed to provide cooperation to plaintiffs, including the production of instant messages, and other electronic communications, as part of the settlement. In Plaintiff’s estimation, the cooperation to be provided by Deutsche Bank will substantially assist Plaintiffs in the prosecution of their claims against the non-settling defendants.”

Overnight we finally got a glimpse into what this “production” contained, and according to documents filed by the plaintiffs in the class action lawsuit, what Deutsche Bank provided as part of its settlement was nothing short of “smoking gun” proof that UBS Group AG, HSBC Holdings Plc, Bank of Nova Scotia and other firms rigged the silver market. The allegation, as Bloomberg first noted, came in a filing Wednesday in a Manhattan federal court lawsuit filed in 2014 by individuals and entities that bought or sold futures contracts. Continue reading »

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Dec 08

German Companies Pull Ads From Breitbart:

While the WaPo admitted, two weeks after its infamous hit piece on “fringe media” which it labelled as “Russian propaganda fake news“, that its entire article was based on reporting that was wrong, the adverse consequences are piling up for the sites named in the list, among which the popular conservative hangout Breitbart. German carmaker BMW, the restaurant chain Vapiano, supermarket chain Rewe, and Deutsche Telekom have all pulled their ads from the pro-Trump news site due to concerns about its content, the Associated Press reported on Wednesday.

“The positions held by Breitbart.com contrast with Vapiano’s values, such as openness and tolerance,” said the restaurant chain offering Italian food across Europe and the US.

Deutsche Telekom is also present on the American market through its subsidiary T-mobile, the third-largest wireless carrier in the US. Replying to a DW inquiry, Deutsche Telekom said they “very much regret” that their ads appeared on Breitbart, which according to Deutsche Welle “is often branded a far-right hate site.” Continue reading »

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Dec 08

Portland “Orecrats” Target Income Inequality: Pass Massive 25% Tax On Corps With “Excessive CEO Pay”:

Liberals in the city of Portland Oregon have put their foot down against income inequality.

The “Orecrats” are not going after CEOs, but rather corporations that have CEO salaries the “Orecrats” deem excessive.

The tax penalty on corporations is as much as 25%.

portland-tax

Please consider Portland Adopts Surcharge on C.E.O. Pay in Move vs. Income Inequality. Continue reading »

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Dec 08

Well, this website could use some support too.


Dismal Jobs Report — Paul Craig Roberts:

Dismal Jobs Report

This is your website; it needs your support. Contribute now.

Paul Craig Roberts

The presstitute media delivered the false news, not from Russian propaganda websites such as the Washington Post accuses this one of being, but from Obama’s US Bureau of Labor Statistics. The false news is that the collapsing economy continues to boom with 178,000 new jobs in November and a further fall in the rate of unemployment to 4.6%.

What are the facts? Nothing you will ever hear from the presstitutes or the corrupt Obama regime. Continue reading »

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Dec 08

Dec 7, 2016

H/t reader kevin a.

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Dec 08

Chinese Driven Vancouver Housing Bubble Moves To Seattle – “This Is Vancouver 2.0”:

Chinese money isn’t going to sit and wait.  Investors are going to find another city…This is Vancouver 2.0.”

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Dec 08

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Rise Of The Machines: Millions Of American Jobs Will Be Wiped Out In The Next Five Years:

There is a paradigm shift coming and it is about to rewrite everything we know about economics, human labor, and government dependence.

Earlier this week Amazon launched its first Amazon Go store, which allows a customer to walk in, grab the items they want, and simply walk out. Everything is tracked utilizing RFID chips, so the second you step out of the store Amazon knows exactly what you’ve purchased and automatically charges your account: Continue reading »

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Dec 08

ECB Stuns Markets, Announces Tapering Of Bond Purchases To €60 Billion

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Dec 08

(Screenshot – Click on image to enlarge.)

google-censorship-infiniteunknown-net

Here is the censored article:

Accusations Of Treason In The Greek Parliament Against Bilderberg PM Papandreou

In my commentary to the above article I wrote:

Flashback:

Greek Central Bank Accused of Encouraging Naked Short Selling of Greek Bonds (Financial Times)

And remember that the biggest Greek CDS speculator has been the state-controlled Hellenic Post Bank with help from (Yes, you’ve guessed it!) Goldman Sachs:

State-controlled Hellenic Post Bank (TT) bet against Greece (Kathimerini)

Fragwürdige Finanzgeschäfte Griechen wetten auf eigene Pleite (Sueddeutsche Zeitung)

The state-controlled Hellenic Post Bank was betting on Greece going bankrupt!

What will happen if Greece defaults:

Here Is What Happens After Greece Defaults

Solution:

Former Assistant Secretary of the US Treasury Dr. Paul Craig Roberts: Revolution is the Only Answer (For Greece, Ireland etc.)

So who could possibly ‘dislike’ such an article?

On a side note:

Alexa Rank:

Infinite Unknown had a global Alexa Rank of  just above 100,000 (for a while) and even below that (quite a while ago).

A webmaster told me (when it became apparent that the numbers were dropping fast) that Alexa had changed its rating methods, which in his opinion clearly disfavors websites like I.U.

You can look up I.U.’s global ranking here:

http://www.alexa.com/siteinfo/infiniteunknown.net

The only way we can make up for all this censorship coming our way is if readers would start hitting that social media buttons like crazy.

Maybe that would also bring more attention to the website, which could possibly result in more financial support for my work, which is much, much needed.

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Dec 07

Trump Picks Pro Wrestling Mogul Linda McMahon To Run Small Business Administration:

While some of Trump’s previous administration picks have raised an eyebrow or two in the past two weeks, his choice of Linda McMahon, pro wrestling mogul and wife of WWE legend Vince McMahon, to head the Small Business Administration will likely be his most scrutizined yet.

McMahon had previously been floated as a potential appointee due to her ties to GOP causes and Trump personally, as well as Trump’s history of appearances at WWE pro wrestling events.

McMahon, who lives in Connecticut, is a veteran of the state’s board of education. She also ran for Senate as a Republican in the state twice, losing to Sen. Richard Blumenthal (D) in 2010 and Sen. Chris Murphy (D) in 2012.

Here is the full statement from the Trump team:

President-Elect Donald J. Trump Intends to Nominate Linda McMahon to  Serve as the Administrator of the Small Business Administration Continue reading »

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Dec 07

And who is (not) going to jail this time???


JP-Morgan

EU fines JPMorgan, HSBC and Credit Agricole $520mn for rate manipulation:

After a five-year investigation, the European Commission has fined three major banks €485 million for rigging the crucial Euro Interbank Offered Rate (Euribor).

The Commission said on Wednesday they were part of a seven bank cartel that colluded on setting the euro interest rate instead of competing with each other between September 2005 and May 2008.

JPMorgan was fined €337 million and Credit Agricole €114 million for five-month involvement in the conspiracy. HSBC got a €33 million penalty for its one-month participation. Continue reading »

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Dec 07

Half of southern Italians at risk of poverty:

One in four Italians is at risk of poverty or social exclusion, a new report from national statistics agency Istat has found. According to the estimates, almost 17.5 million people in the country live in poverty.

Families with children are more at risk of poverty than ever, with those having at least three children at highest risk. Data shows that last year 48.3 percent of them were struggling to make ends meet. That figure was up from 39.4 percent in 2014.

Overall, the poverty rate in Italy has remained stable at 28.7 percent compared with 28.3 percent a year earlier. Continue reading »

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Dec 07

fat-kids-mcdonalds

Meanwhile On Main Street, Fast-Food Traffic Drops For The First Time In Five Years:

As the market closes at another all time high, the “recovery”, if only on paper, is again bypassing most Americans and it is starting to hit where it hurts the most. According to restaurant tracker NPD Group, traffic at U.S. fast-food restaurant fell 1% in the third quarter, the sector’s first traffic decline in five years. Unfortunately, the reason is not that many Americans have migrated to a higher wealth group and are now eating at more expensive venues, but a more familiar one, namely higher costs of eating out, changing consumer behavior and higher bills for items such as rent and drugs. In other words, America’s “main street” is so squeezed, it can’t even afford to eat out as much as it did just one year ago. Continue reading »

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Dec 07

Proof That The Elite Really Do Want A Global Society With No Possessions, No Privacy And No Freedom:

If you listen closely, the global elite are telling us exactly what they intend to do. If they get their way, our world is going to look vastly different than it does now in the not too distant future. These elitists share a dream of an environmentally-friendly dystopian socialist paradise in which individual freedom is severely restricted for the good of the collective. Where you live, what you do for a living, what you are allowed to eat and how many children you are permitted to have would all be determined by an all-powerful central government that nobody would question or challenge. This may sound very bizarre to you, but the global elite really do dream of these things.

A perfect example of what I am talking about is an article that recently appeared on the official website of the World Economic Forum entitled “Welcome to 2030. I own nothing, have no privacy, and life has never been better“. It was authored by a member of parliament in Denmark named Ida Auken, and as you can see she is quite convinced that we can achieve this type of society by the year 2030

Welcome to the year 2030. Welcome to my city – or should I say, “our city”. I don’t own anything. I don’t own a car. I don’t own a house. I don’t own any appliances or any clothes. Continue reading »

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Dec 07

The Great Lakes Water Wars Have Begun After U.S. Officials Approve Drawing 30 Million Liters Per Day:

A group of eight U.S. officials have voted to allow a Wisconsin-based region to begin drawing 30 million liters of water a day from lake Michigan for drinking water. A Canadian Mayor has spoken out on the recently-approved plan calling the recent decision “the end of the Great Lakes as we know them.”

Last year, the city of Waukesha in Wisconsin had asked the Great Lake states for permission to divert water from Lake Michigan because its own aquifer is running low and the water is contaminated with high levels of naturally occurring cancer-causing radium.

A panel representing governors of the eight states adjoining the Great Lakes unanimously approved a proposal from Waukesha, which is under a court order to find a solution to the radium contamination of its groundwater wells. The city says the project will cost over $200 million for engineering studies, pipelines and other infrastructure. Continue reading »

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Dec 06

China Admits “Economic Downturn Just Beginning”, Slashes Salary Guidelines:

In what may be the most direct admission that China’s economy is about to grind to a deflationary halt, today China’s Global Times, a newspaper which is seen as a propaganda companion to the official People’s Daily, revealed data showing this year’s proposed salary guidelines according to which there is a broad wage growth declines in virtually every single province on the mainland, which according to the Chinese publication “confirms the country is experiencing an economic slowdown.”

Salary guidelines are issued by local governments as a reference to help firms decide how much they should increase their employees’ salaries. They are based on labor market conditions and economic growth, among other factors. Continue reading »

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Dec 06

Globalist war against humanity shifts into high gear: Cars, cash, literature and independent news all targeted for elimination:

As witnessed recently by the Washington Post’s horrifyingly dishonest “journalism” naming 200 independent media websites as pawns of Russian President Vladimir Putin, the dying establishment media is desperately trying to establish a news monopoly by discrediting all competing indy news publishers.

In doing so, the Washington Post (and its writer Timberg) just abandoned any last vestige of journalistic credibility. Now owned by Jeff Bezos of Amazon.com, the Washington Post’s willingness to prostitute its own credibility in an effort to destroy the independent media reveals something startling to the world: They’re desperate. Like a cornered, ravenous animal, the mainstream media is now fighting for its very survival and hoping it can eliminate all news alternatives before the public figures out how deeply they’ve been lying all long. Continue reading »

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Dec 06

wile-e-coyote

“China Has Run Off The Cliff So Fast, People Seem To Think They’ll Make It To The Other Side”:

Some perspectives on the fascinating economic experiment that is China from Eric Peters, CIO of One Asset Management, as told in his traditional third-person style.

Anecdote: “We’ve become anesthetized to the absurdity of Chinese growth,” said the CIO.

The accelerating rate of credit expansion relative to GDP has no precedent. “They’ve run off the cliff so fast that people seem to think they’ll actually make it to the other side.” Continue reading »

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Dec 06

Italy’s Monte Paschi Told To “Prepare For State Bailout”:

Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the Italian lender to prepare for a state bailout this weekend after prime minister Matteo Renzi was felled by a referendum defeat.

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Dec 06

Description:

Brian Gerrish and Mike Robinson are joined by Mark Anderson for today’s news, including:
START:    Mark Anderson attends the Global Warming: An Inconvenient Lie Conference
10:00:      The fake news agenda leads to legislation in the US
23:50       Italian referendum result and comments on the Brexit supreme court hearing
25:20       Europol and the EU’s Most Wanted campaign
30:00       Another area of Aleppo falls to Syrian forces, remaining terrorists begin to negotiate
31:37       Jens Stoltenberg kicks off the NATO foreign ministers meeting …
35.25       … Boris Johnson lies about it
37:00       Local Authority asset stripping of pensioners in full force
48:00       Government releases lates National Infrastructure Pipeline
H/t reader I.G.

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Dec 05

obama-satanic-salute-handsignobama-devil-hands-satanist-hand-sign

Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month


The Shocking Truth About How Barack Obama Was Able To Prop Up The U.S. Economy:

Barack Obama is one of the biggest “Keynesians” of all time, but unfortunately most Americans don’t even understand what that means.  In this article, I am going to share with you the primary reason why Barack Obama has been able to prop up the U.S. economy over the past eight years.  If Barack Obama had not taken the extreme measures that he did, we would be in the midst of a historic economic depression right now.  But by propping things up in the short-term, he has absolutely demolished our long-term economic future.  But like most politicians, Obama has been willing to sacrifice the future for short-term political gain. Continue reading »

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Dec 05

Amazon Goes Offline With Bricks-And-Mortar Grocery Chain; Envisions Opening 2,000 Stores:

After launching Amazon Fresh, an online food delivery service, in numerous cities just a few years ago, Amazon has now decided it has to go “offline” to capture incremental share of the grocery market.  As such, the company today revealed its first brick-and-mortar small-format grocery store, Amazon Go, one of at least three formats the online retail giant is exploring as it makes a play for a higher share of grocery spending.  With in-store technology designed to track customers’ every step, the Amazon Go concept promises “No Lines” and “No Checkout.”

The first Amazon Go concept store is roughly the size of a convenience store, though according to the Wall Street Journal the company is also testing a drive-thru concept as well as a traditional 30-to-40,000 square foot grocery store that would combine in-store shopping and curbside pickup.

The Amazon Go store, at roughly 1,800 square feet in downtown Seattle, resembles a convenience store-format in a video Amazon released Monday. It features artificial intelligence-powered technology that eliminates checkouts, cash registers and lines. Instead, customers scan their phone on a kiosk as they walk in, and Amazon automatically determines what items customers take from the shelves. After leaving the store, Amazon charges their account for the items and sends a receipt. Continue reading »

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Dec 05

Mark Carney Defends The Bank of England: “We Are Not Robbing The Poor To Pay The Rich”:

In a speech delivered at the Liverpool John Moores University on Monday, Bank of England head, and former Goldman partner, Mark Carney defended his central bank’s near-zero borrowing costs which have been increasingly criticized by local politicians ever since the Brexit vote, claiming that central bank monetary policies have not been the cause behind wealth transfer. Continue reading »

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Dec 05

Wall Street Analysts Are Slowly Losing It:

Back in April, we commiserated with BBG ex-trader and commentator, Richard Breslow, who when looking at the ongoing events in markets, had a near nervous breakdown. For those who missed it, here are the key excerpts:

Trading is a hard business. The world is becoming a more complicated place: a number out of China may do more to the price of your U.S. shares in a retailer than, well, U.S. retail sales. Yet creeping, dangerously, into the investment advice dialog is the argument that buying and holding no matter what the event is the winning strategy. If you ever needed a “past results don’t guarantee…” disclaimer it’s especially true now. Continue reading »

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Dec 05

FYI.


03.12.2016

H/t reader squodgy:

“Divide & Conquer”

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Dec 05

Trump Advisor Says Administration Not Looking To “Rip Up NAFTA” Or Impose “Quote-Unquote Tariffs”:

After repeatedly referring to NAFTA as “the worst trade deal maybe ever signed anywhere” during the presidential campaign, the Trump administration seems to be softening it’s protectionist rhetoric.  According to The Hill, in speaking to a group of concerned business leaders, Trump advisor Anthony Scaramucci said that the new administration isn’t looking to “rip up NAFTA” but rather to “right-size it and make it fairer.” 

Anthony Scaramucci, a senior advisor on the Trump transition team, told a group of business leaders convened at a bipartisan meeting by the group No Labels that President-elect Trump is a free-trader who is looking to make trade deals more fair, not scrap them. Continue reading »

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Dec 05

Forget Ghost Cities, China Builds 10-Billion-Yuan Replica Titanic:

For a nation stuffed full of credit-fuelled potemkin ponzi schemes, ghost cities, and fake Eiffel Towers, why would the construction of the world’s first 1:1 replica Titanic surprise anyone…

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Dec 04

FYI.

See also:

Why Did George Soros Forgive Donald Trump As Much As $312 MILLION In Debt For No Apparent Reason?


In Tweetstorm, Trump Threatens “Retribution” For Companies That Leave The US:

President-elect Donald Trump fired off Sunday morning with a Tweetstorm (after again complaining about the “totally biased, not funny ” Saturday Night Live), and in a series of six tweets threatened heavy taxes as “retribution” for U.S. companies that move their business operations overseas, fire US workers and still try to sell their product to Americans. Trump vowed he would slap a 35% tax on products sold inside the U.S. by any business that fired American workers and built a new factory or plant in another country.

The president-elect tweeted that his administration will “substantially reduce taxes and regulations on businesses. But any business that leaves our country for another country,” he added, “fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. ……without retribution or consequence, is WRONG!” Continue reading »

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Dec 03

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India: Millions Rise Up Against New World Order Ban On Cash:

Bankers attacked and locked up by angry mobs as Indian government teeters on the brink of collapse after citizens revolt against draconian anti-cash laws that have thrown the country into chaos

Millions of protestors in India are rising up against a ruling class determined to take away their rights. There is anarchy in the streets as the Indian government continue to lean on mainstream media to suppress the scale of events and cover up the chaos caused by their draconian ban on cash.

Millions of Indians – the world’s second most populous country – are revolting against new anti-cash laws that are designed to protect and enrich the top tier of the wealthy global elite at the expense of ordinary people. The country is in chaos as hundreds of millions of ordinary people are unable to access their savings. In a country where 98% of transactions are performed using cash, the sudden ban on cash transactions, and the withdrawal of cash from circulation, has created outrage. Continue reading »

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Dec 03

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“Economy Shattered, Currency Collapsing”: Venezuelans Wait In 6 ATM Lines For Enough To Buy Rice:

Is this how the economic crisis will play out in America? A cash strapped population, forced to the brink and stripped of their dignity?

Unfortunately, it is already underway in Venezuela.

Of course there is a higher standard of living in the United States overall, but tens of millions of people are already on the edge of poverty and tens of millions more can be brought to their knees in a matter of hours. Continue reading »

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