Apr 25

- UNPRECEDENTED Shortages Of Ammo, Physical Gold And Physical Silver (Economic Collapse, April 25, 2013):

All over the United States we are witnessing unprecedented shortages of ammunition, physical gold and physical silver.  Recent events have helped fuel a “buying frenzy” that threatens to spiral out of control.  Gun shops all over the nation are reporting that they have never seen it this bad, and in many cases any ammo that they are able to get is being sold even before it hits the shelves.  The ammo shortage has already become so severe that police departments all over America are saying that they are being told that it is going to take six months to a year to get their orders.  In fact, many police departments have begun to trade and barter with one another to get the ammo that they need.  Meanwhile, the takedown of paper gold and paper silver has unleashed an avalanche of “panic buying” of physical gold and physical silver all over the planet.  In the United States, some dealers are charging premiums of more than 25 percent over the spot price for gold and silver and they are getting it.  People are paying these prices even though they are being told that delivery will not happen for a month or two in many cases.  Some dealers are feverishly taking as many orders as they can, and they are just hoping that they will be able to get the physical gold and silver to eventually fill those orders.  Personally, I have never seen anything like this.  If things are this tight now, what is going to happen when the next major financial crisis strikes and people really begin to panic? Continue reading »

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Mar 22

- Swiss To Vote On Gold Repatriation (ZeroHedge, March 21, 2013):

The Swiss National Bank (SNB), which supposedly guarantees price stability in Switzerland, currently holds about 1,040 tons of gold reserves after gradually selling off at least 1,550 tons and now members of the Swiss People’s Party, the far-right Swiss Democrats and the Lega dei Ticinesi movement, is confident a nationwide vote will be called (after they gathered 106,000 signatures) on stopping the sale of gold reserves held by the SNB. It also wants gold bars stored in the US to be returned. As Swiss Info reports, the People’s Party leader Luzi Stamm comments, Gold reserves guarantee the stability of the Swiss franc. They ensure that that private savings, salaries, pension keep their value,” warning that gold must not be the object of speculation for the SNB or for politicians and demanding the SNB keep a minimum of 20 per cent of its assets in gold, twice the current level. In addition, they want to force the government to disclose where the gold reserves are stored, since it is only in safe hands if it is kept in Switzerland.”

Via Swiss Info,

A rightwing group has submitted more than 106,000 signatures to the federal authorities, seeking a vote on stopping the sale of gold reserves held by the Swiss National Bank (SNB). It also wants gold bars stored in the US to be returned.

Continue reading »

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Feb 07

- Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does (Economic Collapse, Feb 5, 2013):

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.  Even Wikipedia admits that “it is not accountable to any single national government.“  The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.  Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.  Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”.  During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on.  The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.  It is imperative that we get people educated about what this organization is and where it plans to take the global economy.

Sadly, only a very small percentage of people actually know what the Bank for International Settlements is, and even fewer people are aware of the Global Economy Meetings that take place in Basel on a bi-monthly basis.

These Global Economy Meetings were discussed in a recent article in the Wall Street JournalContinue reading »

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Jan 30

- Swiss Banks Now Offer Allocated Gold, Silver Accounts (ZeroHedge, Jan 30, 2013)

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Jan 27


US singer Tina Turner arrives for the Emporio Armani fashion show in Milan, on February 26, 2011. Turner — who has been living in Switzerland since 1995 — will soon receive Swiss citizenship and will give up her US passport, according to Swiss media reports.

- Tina Turner ‘to become Swiss, give up US passport’ (France 24/AFP, Jan 25, 2013):

US pop legend Tina Turner, who has been living in Switzerland since 1995, will soon receive Swiss citizenship and will give up her US passport, Swiss media reported Friday.”I’m very happy in Switzerland and I feel at home here. … I cannot imagine a better place to live,” Turner told German language daily Blick.

Continue reading »

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Dec 03

- Swiss Capital Controls Escalate As Credit Suisse Sets Negative CHF Deposit Rates (ZeroHedge, Dec 3, 2012):

In a world that already makes little sense to most, Credit Suisse just pushed the envelope a little further. The bank has just announced that going forward it will be charging for firms to hold a CHF cash balance – i.e. the bank, given the already-negative Swiss government bond yields, has moved to its own NIRP for its clients. The need to do this suggests an overwhelming desire for short-term safety that flies in the face of the seeming level of complacency that exists in the European bond (and stock markets). As we have warned before, it seems that the currency wars that appear to have escalated have now started the ‘capital control’ wars as CS (and implicitly the SNB) adds this negative interest rate ‘charge’ to its already pegged currency in the vain hope of managing the unmanageable flow of safe-haven-seeking cash.

  • CREDIT SUISSE INFORMS BANK CLIENTS OF NEGATIVE RATES ON CHF FROM DEC.10
  • CREDIT SUISSE INFORMS CLIENTS IN SWIFT NOTICE, CONFIRMED BY BNK

In other words, Europe is so fixed, Swiss banks are furiously doing everything in their power to halt the dumping of EUR in exchange for CHF, and to push everyone, kicking and screaming, into the absolutely safety and well-being of the Euro, which according to Eurozone politicians is strong as diamond, which is vernacular for as close to collapse as the next Greek popular election.

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Nov 19

- Global Shadow Banking System Rises To $67 Trillion, Just Shy Of 100% Of Global GDP (ZeroHedge, Nov 18, 2012)

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Nov 12

- Flash News – France Invades Switzerland! (ZeroHedge, Nov 11, 2012):

There are some interesting implications behind a story that is out this weekend. I found the details (that have come out so far) of interest.

The IRS of France, the National Directorate Of Tax Investigations (DNEF), has covertly sent agents into Switzerland to pursue tax evasion cases against French citizens. The Agents entered Switzerland claiming they were tourists. The Agents were not sightseeing in the Alps. They were doing what spies always do. They were covertly gathering information on enemies of France. In this case, the “enemies” are French citizens.

To be clear. This is 100% illegal activity in Switzerland.

Banking secrecy is still the law of the land in Switzerland. There have been several cases in the past few years where a Swiss bank employee has stolen information on private accounts. The lists of “names” were later sold to tax authorities in the US and Germany. Switzerland has vigorously prosecuted the individuals involved. Several have gone to jail; others are pending extradition and trial.

And now French government agents are breaking the same Swiss laws. The following thoughts come to my mind about this affair:

- How desperate are the French to do this? A covert operation in a foreign country? That’s over the top. If the French tax spies are doing this, what are the other arms of government doing? Are they spying as well? Listening in on phone calls to find out if the waiters are claiming their tips? How are the French going to react? Some, do doubt, with glee. Others, justifiably, with fear.
Continue reading »

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Oct 30


YouTube Added: 29.10.2012

Desription:

The Greek government is now being accused of failing to go after tax dodgers. A journalist who published a list of the country’s political and business elite who have Swiss bank accounts now faces a trial after being arrested. For more on the story RT’s joined by George Katroungalos, attorney and professor of constitutional law.

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Oct 16

- 21 Signs That The Global Economic Crisis Is About To Go To A Whole New Level (Economic Collapse, Oct 14, 2012):

The global debt crisis has reached a dangerous new phase.  Unfortunately, most Americans are not taking notice of it yet because most of the action is taking place overseas, and because U.S. financial markets are riding high.  But just because the global economic crisis is unfolding at the pace of a “slow-motion train wreck” right now does not mean that it isn’t incredibly dangerous.  As I have written about previously, the economic collapse is not going to be a single event.  Yes, there will be days when the Dow drops by more than 500 points.  Yes, there will be days when the reporters on CNBC appear to be hyperventilating.  But mostly there will be days of quiet despair as the global economic system slides even further toward oblivion.  And right now things are clearly getting worse.  Things in Greece are much worse than they were six months ago.  Things in Spain are much worse than they were six months ago.  The same thing could be said for Italy, France, Japan, Argentina and a whole bunch of other nations.  The entire global economy is slowing down, and we are entering a time period that is going to be incredibly painful for everyone.  At the moment, the U.S. is still experiencing a “sugar high” from unprecedented fiscal and monetary stimulus, but when that “sugar high” wears off the hangover will be excruciating.  Reckless borrowing, spending and money printing has bought us a brief period of “economic stability”, but our foolish financial decisions will also make our eventual collapse far worse than it might have been.  So don’t think for a second that the U.S. will somehow escape the coming global economic crisis.  The truth is that before this is all over we will be seen as one of the primary causes of the crisis.

The following are 21 signs that the global economic crisis is about to go to a whole new level…. Continue reading »

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