Wow! You can’t make this scam up if you wanted to.
From the article:
“the plan will allow Indians to deposit their jewelry or bars with banks and earn interest, while the banks will be free to sell the gold to jewelers, thereby boosting supply.”
And again: Only physical(!) gold (and silver) stored outside the banking system is real, everything else is an illusion.
– Is This The Start Of India’s Gold Confiscation (ZeroHedge, Sep 10, 2015):
On April 5, 1933, FDR signed Executive order 6102 which made illegal “the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States” in the process criminalizing the possession of monetary gold by any individual or corporation.
This was de facto gold confiscation; De jure it wasn’t, because as compensation for the relinquished gold, Americans would receive 20.67 in freshly printed US dollars for every troy ounce. Anybody who objected faced a fine of $10,000 (just under $200,000 in inflation-adjusted dollars) and up to 10 years in prison.
Once the government was confident it has confiscated enough gold, it turned around and raised the official price of a gold ounce to $35 (about $600 in today’s dollars) devaluing the US Dollar by 40% overnight at a time when currencies were still backed by hard assets. Continue reading »
Published on Sep 6, 2015
The $100 billion BRICS Contingent Reserve Arrangement (CRA) has become fully operational following the inaugural meetings of the BRICS CRA Board of Governors and the Standing Committee in the Turkish capital of Ankara.
Continue reading »
– This Is Not A Drill: India, Russia And Thailand Prepare For Currency War (ZeroHedge, Aug 11, 2015):
When China sneezes, the world catches a cold. Alternatively, when China devalues, the rest of the (exporting) world scrambles to not be the last (exporting) nation standing, and to do so next, before everyone else does.
H/t reader squodgy:
“So the thousands of suicided farmers were conned illegally & the Indian Government stood by.”
– How Monsanto Wrote and Broke Laws to Enter India (Sustainable Pulse, July 27, 2015):
Citizens of the United States are being denied the right to know what they are feeding their families. Despite the fact that 90% of American citizens want GMO labelling on their food, big business is doing everything it can to prevent people from accessing their rights. Representative Pompeo’s bill, popularly known as the DARK Act (Denying Americans the Right to Know), has been written almost entirely by the biotech industry lobby. While American citizens are advocating for their rights to knowledge and healthy, affordable food, Monsanto’s legal team is busy on every legislative level trying to prevent this from happening.
Source: vandanashiva.com By Dr. Vandana Shiva
Monsanto’s subversion of democratic legal processes is not new. In fact, it is their modus operandi, be it the subversion of LA’s decision to be GMO free by amending the California Seed Law—equating corporations with persons, and making seed libraries and exchange of seed beyond 3 miles illegal— or suing Maui County for passing a law banning GMOs. Continue reading »
– BRICS Bank Officially Launches As Sun Sets On US Hegemony (ZeroHedge, July 8, 2015):
The long-awaited BRICS bank has officially launched, marking yet another milestone on the road to global de-dollarization and lending further credence to the notion that the sun is finally setting on the US-dominated multilateral institutions that have defined the post-war world and served to underwrite six decades of dollar dominance.
– China ratifies the creation of BRICS bank (RT, July 1, 2015):
The Chinese Parliament has ratified the creation of the BRICS Development Bank. The New Development Bank was conceived as an alternative to Western financial institutions such as the World Bank.
The new bank will provide money for infrastructure and development projects in BRICS countries, that is Brazil, Russia, India, China and South Africa. Each nation will have an equal say in the bank’s management, regardless of GDP size.
Each BRICS member is expected to contribute an equal share in establishing a startup capital of $50 billion, with a goal of reaching $100 billion in capitalization. The BRICS bank will be headquartered in Shanghai, with India presiding as president during the first year, and Russia serving as the chairman of the representatives. Continue reading »
The World According to Monsanto is a 2008 documentary film directed by Marie-Monique Robin. Originally released in French as Le monde selon Monsanto, the film is based on Robin’s three-year long investigation into the US agricultural giant Monsanto corporation’s practices around the world. Continue reading »
Tags: Agent Orange, Aspartame, Cancer, Cotton, Diabetes, dioxin, Documentary, FDA, Food, GMO, India, Marie-Monique Robin, Monsanto, PCBs, Pollution, rBGH, Roundup, Roundup Ready, Science, Vandana Shiva, Vietnam
H/t reader squodgy:
“On a world scale, this is.incredible as mathematically it would enable the implementation of UN Agenda 21 to achieve a “LEGAL” population reduction of 20 million every year…….it explains why it will be pushed through regardless.
It certainly confirms my suspicions that Obama is a classic Manchurian Candidate.”
A Manchurian Candidate indeed …
– The great TPP deathtrap for India, China (Jon Rappoport, June 17, 2015):
The great TPP deathtrap for India, China
And the other 10 member-nations
The terms of destruction
The clues are all there in Obamatrade and Obamacare
by Jon Rappoport
June 17, 2015
(To read about Jon’s mega-collection, Power Outside The Matrix, click here.)
“Once in a while, a major leak oozes out of the government-corporate nexus. First responders and damage-control experts quickly arrive on the scene and throw a blanket over the shocking revelation. Media fall silent. Nothing happened. It was a momentary delusion. Everything is fine. To the degree that the public becomes aware of the truth, the public registers utter disbelief and denial. Why? Because believing this one thing would torpedo their faith in the whole structure of the synthetic invention called Reality.” (The Underground, Jon Rappoport)
The truth emerges out of the shadows of secrecy…
Let’s start here. The Trans-Pacific Partnership (TPP) is a trade treaty, coming down the homestretch toward ratification, involving 12 nations which account for a staggering 40% of the world’s GDP. The TPP encompasses 775 million consumers. Continue reading »
– BRICS starts examining SWIFT alternative (RT, June 17, 2015):
The BRICS members have kicked off consultations on an alternative to the global SWIFT system that processes about 1.8 billion financial messages annually, said Russian Deputy Foreign Minister Sergey Ryabkov.
The BRICS system for the transmission of financial information is expected to protect the member countries from any possible disruptions, and provide better security.
“The finance ministers and executives of the BRICS central banks are negotiating … setting up payment systems and moving on to settlements in national currencies. SWIFT or not, in any case we’re talking about … a transnational multilateral payment system that would provide greater independence, would create a definite guarantee for[BRICS – ed.]countries on risks associated with arbitrary decisions …made by countries that have current payment systems under their jurisdiction,”Russian Deputy Foreign Minister Sergey Ryabkov told RIA in an interview published Wednesday. Continue reading »
Uttar Pradesh, India – An Indian journalist was reportedly set on fire after exposing a corrupt politician in Uttar Pradesh, a state located in northern India. After accusing a cabinet minister in the state’s legislative assembly of land grabs and involvement with illegal mining, reporter Jagendra Singh was doused in petrol oil and burned alive. He died in the hospital on Monday from burns covering 60% of his body, leading to murder charges against the politician and several police officers involved.
Singh ran a small, online newspaper and published short reports on his public Facebook page. After publishing several reports on Dairy Minister Ram Murti Verma on May 30, police and other “goons” were allegedly sent to his home in Sahajahanpur. Continue reading »
– Indian Silver Demand Explodes to US Silver Owners’ Delight (GoldCore, June 11, 2015):
– India may absorb as much as one third of total global silver production this year
– Strong demand for silver steadily increasing year by year
– Indian citizens and solar industry take advantage of current low prices in silver
– U.S. silver imports still enormous despite ostensible decline in demand
The first four months of 2015 saw India import possibly as much as 3,000 tonnes of silver bullion. If the momentum is maintained India is on track to import a staggering 9,000 tonnes over the course of 2015.
– De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT (ZeroHedge, May 29, 2015):
Back in February, Russia detailed a SWIFT alternative that would link 91 domestic banks to the Central Bank of Russia.
On the one hand, the plan represented yet another move towards global de-dollarization but on the other, was borne out of necessity when Russia began to believe it may be expelled from SWIFT as punishment for its support of rebels in Ukraine. Prime Minister Dmitry Medvedev warned of “unlimited consequences” if the West decided on a punitive SWIFT freeze.
Two months later, Moscow would receive a seat on the SWIFT board.
– Gold Flows East – China, India Import Massive Quantities of Gold from Switzerland (GoldCore. April 27, 2015):
– Singapore, India and China continue to import staggering volumes of gold from the West
– U.K. exports of bullion to Switzerland increase 6 fold to a very large 97 tonnes
– Gold exports from Switzerland to both China and India doubled in March
– Shanghai Gold Exchange (SGE) becoming most important centre for physical gold trade
– LBMA says London gold trade will not move to exchange
– Gold price languishes at all time inflation adjusted lows despite robust demand …
– Gold will protect Asian peasants and western middle classes …
In what future generations will likely see as a major, potentially catastrophic blunder of monetary policy, the West and particularly the City of London continues to hemorrhage huge volumes of gold which is flowing Eastwards to Singapore, India and China from London via Switzerland.
“Gold exports to China from the refining hub of Switzerland almost doubled to 46.4 metric tons in March”, up from 23.6 tonnes in February” according to Bloomberg. India’s gold imports from Switzerland doubled to 72.5 tonnes in the same period. Continue reading »
– Indian police to use pepper-spraying drones on unruly protesters (AFP. April 7, 2015):
Police in a northern Indian city said Tuesday they have a new weapon for controlling unruly protesters in the world’s largest democracy: pepper-spraying drones.
Yashasvi Yadav, police chief of Lucknow, said his officers have successfully test-flown the newly purchased drones with a view to better crowd control.
“The results were brilliant. We have managed to work out how to use it to precisely target the mob in winds and congested areas,” Yadav told AFP.
“Pepper is non-lethal but very effective in mob control. We can spray from different heights to have maximum results,” he said. Continue reading »
– Ukraine “Loses” Five Indian Airplanes, Shake-Up Of Secret Service & Army Underway (ZeroHedge, April 2, 2015):
Indian Planes go Missing in Kiev
This is really too funny. As Sputnik reports, India has entered into a contract with a Ukrainian state-owned company to refurbish and upgrade its fleet of military transport planes. Now it has turned out that the company has somehow managed to “lose” five of them. Part of the fleet was to be refurbished in India, but that has recently stopped, because the Ukrainian engineers went back home and the required spare parts failed to turn up. Continue reading »
– It’s Happening – More US Allies Join The Anti-Dollar Alliance (Sovereign Man, March 18, 2015):
The United States government just went from “Please, baby, don’t leave me,” to frustrated threats and whining.
After the UK announced it will join new China-led Asian Infrastructure Investment Bank (AIIB) as a founding member late last week, Germany, France and Italy decided yesterday to follow Britain’s lead and join as well.
Welcome to the beginning of the end of the US dollar’s domination. It’s happening.
For the past few decades America was the undisputed global economic and political superpower.
The entire world happily used the US dollar, and hence, the US banking system. More importantly, the world happily placed its trust in the US government.
But there’s a limit to how irresponsible, reckless, and threatening you can be. Eventually such behavior catches up to you.
That time has now come. Continue reading »
(L-R) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma join their hands at a group photo session during the 6th BRICS summit in Fortaleza July 15, 2014. (Reuters/Nacho Doce)
– Russia ratifies $100bn BRICS New Development Bank (RT, Feb 20, 2015):
The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF.
The New Development Bank is expected to start fully functioning by the end of 2015, according to the Russian Finance Ministry. Continue reading »
– China Buys More Gold Than The World Produces (Forbes, Feb 19, 2015):
Welcome to the year 4713, the Year of the Ram, or the “goat” if you prefer.
The Chinese New Year, which kicks off today, is the largest and most widespread cultural event in mainland China, bringing with it massive consumer spending and gift-giving. During this week alone, an estimated 3.6 billion people in the China region travel by road, rail and air in the largest annual human migration. Continue reading »
– India Lifts Ban On Bank Gold Imports: Gold Can Again Be Used As Loan Collateral (ZeroHedge, Feb 18, 2015):
One week ago we reported that central bank purchases of gold in 2014 were the second highest in the past 50 years, driven by purchases out of Iraq, Kazakhstan and – most of all – Russia, with no offsetting selling. But what about other more conventional sources of demand? Take jewelry, which while very strong in the beginning of the century, dropped off after the Great Financial Crisis, and then tumbled again after India imposed numerous restrictions on gold imports, which however merely forced the local population to find novel ways of smuggling gold into the country.
This is what the WGC had to say about gold jewelry demand in 2014. Continue reading »
– Landmark study links pesticides to high depression rates (Natural News, Feb 6, 2015):
Globally, one person dies by suicide roughly every 40 seconds. Around the world, over one million people commit suicide each year — an increase of 60 percent over the last four and a half decades. Incredibly, farmers have one of the highest rates of self-inflicted death.
Newsweek reports that suicide for farmers in the U.S. is about twice the average of the general population. However, this isn’t just a problem in America; it’s an international crisis.
“India has had more than 270,000 farmer suicides since 1995. In France, a farmer dies by suicide every two days. In China, farmers are killing themselves to protest the government’s seizing of their land for urbanization. In Ireland, the number of suicides jumped following an unusually wet winter in 2012 that resulted in trouble growing hay for animal feed. In the U.K., the farmer suicide rate went up by 10 times during the outbreak of foot-and-mouth disease in 2001, when the government required farmers to slaughter their animals. And in Australia, the rate is at an all-time high following two years of drought.” Continue reading »
– Severe cold in India – At least 50 deaths so far (Ice Age Now, Dec 24, 2014):
24 Dec 2014 – With temperatures plummeting and fog disrupting rail, air and road traffic, several district administrations have ordered closure of schools for the entire week.
At least 50 people have died so far in Uttar Pradesh due to severe cold and fog-related accidents.
While half-a-dozen people died in and around Lucknow, almost a dozen died in eastern parts of the State. Deaths have also been reported from Rampur, Moradabad, Aligarh, Arga, Kanpur, Allahabad and Varanasi. There are reports of road accidents in various districts due to heavy fog. Continue reading »
– China’s Stocks Worth 50% More Than Rest Of BRICS Combined (ZeroHedge, Dec 19, 2014):
Thanks to the massive surge of speculative trading account openings, Chinese stocks are up 28% in the last month and a stunning 52% since China unleashed ‘QE-Lite’. This has sent the total market capitalization of China’s stocks soaring relative to the rest of the BRICS. In fact, Chinese stocks are now worth 55% more than Brazil, Russia, India, and South Africa combined… the most ever.
– India Snowfall Crisis Continues (Ice Age Now, Dec 19, 2014):
Snowfall crisis. For the sixth day, Manali-Kullu powerless and paralysed.
* * *
19 Dec 2014 – Internationally famed Kullu-Manali, a popular tourist destination, has suffered heavily with continued disruption of power supply and telecom services. Roads are blocked by snow and fallen trees/electricity poles and hoteliers face huge cancellations ahead of the Christmas and New Year eve rush. Continue reading »
– 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.
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.
Wonderful day with President Putin. Our meeting was comprehensive. India’s partnership with Russia is incomparable. pic.twitter.com/YZJiREw5oN
— Narendra Modi (@narendramodi) 11. Dezember 2014
– Obama Takes on Critics as He Expands on Foreign Policy (Bloomberg):
He also criticized detractors who have called for more action in Ukraine, pointing to his ability to solidify international unity and saying Russia “has never been more isolated.”
– Why are Bhopal survivors still fighting for compensation? (BBC, Dec 2, 2014):
On the night of 2 December 1984, Lakshmi Thakur was putting her children to bed when her eyes started stinging.
She went outside to investigate, thinking a neighbour was frying chillies, and found people running in panic, clutching their faces.
Someone told her there had been an accident at Union Carbide India’s pesticide plant behind her house in Bhopal, the capital of the central state of Madhya Pradesh, and the burning wasn’t from cooking, but from leaking gas.
Lakshmi gathered her family and fled towards a bus stop by the factory. On the way, one of her sons started to vomit and another doubled over with diarrhoea. Her 20-year-old daughter didn’t live to see morning.
More than half a million people were poisoned by deadly methyl isocyanate (MIC) gas that night. Several thousands of them died. Continue reading »
– India Gold Demand Surges 450% and Bank of Russia Demand At 15 Year High (Goldcore, Oct 22, 2014):
Demand for gold continues to be robust and has indeed increased significantly in recent weeks despite gold’s most recent paper driven gold weakness.
Demand in China and India surged again and gold reserve diversification by the central bank of Russia hit a new record high in September as geopolitical tensions rose.
The seemingly insatiable appetite of the growing Indian middle class for gold is causing the government in India to again consider imposing sanctions on the importing of gold. Continue reading »
– ICYMI: India-Pakistan Head for Nuke War (The Daily Beast,Oct 19, 2014):
A crisis is brewing between nuclear-armed India and Pakistan that could be their most dangerous ever.
India and Pakistan have fought four wars since 1947 and had several crises that went to the brink of war. Both tested nuclear weapons in 1998. Now tensions are escalating between the two again.