GoldMoney. The best way to buy gold & silver
Apr
29

Jim Sinclair: Bank depositors everywhere are now defined as lenders to the banks

Courtesy of KingWorldNews.com

Today legendary trader Jim Sinclair told King World News that today is a day of financial infamy as Cyprus depositors have now officially been flushed.  Sinclair also stated that history will show this day as being as serious as the flushing of Lehman Brothers.  Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say in this remarkable interview.

Eric King:  “Jim, we now know the answer to the ‘Cyprus Solution.’”

Sinclair:  ”Yes, Cyprus depositors have now been flushed.  The Bank of Cyprus, the island’s largest bank said it has converted 37.5% of deposits exceeding 100,000 euros into a Class A share, with an additional 22.5% held as a buffer for possible conversion in the future.

Anther 30% will be temporarily frozen and held as a deposit.  So the amount of money that has been taken from the Cyprus depositors is an all practicality almost their entire accounts.  Major depositors funds have now been taken in grand style.

Depositors everywhere are now defined as lenders to the banks.  Today is a day of financial infamy.  History will see this event as serious as the flushing of Lehman Brothers….

Click here to read the full article on KingWorldNews.com

 

Apr
29

Bank Bail-In – Fed: U.S. Creditors-Depositors to be Cyprused

“Creditors” are the bank depositors to be used in a bank bail-in in a bank failure,  just like what happened in Cyprus.

Fed Governor Stein:

First, and most obviously, one goal is to get to the point where all market participants understand with certainty that if a large SIFI were to fail, the losses would fall on its shareholders and creditors, and taxpayers would have no exposure.

From Jim Sinclair’s blog: 

Dear CIGAs,

The Official Fed document below says we will be Cyprused regardless of the barrage of denials being produced since we were so informed by the IMF and Dutch finance minister.

Day by day the safety of your deposits and retirement accounts becomes less. Are you ignoring it?

Speech by Governor Stein on regulating large financial institutions

At the “Rethinking Macro Policy II,” a conference sponsored by the International Monetary Fund, Washington, D.C.

Released by the Board of Governors of the Federal Reserve System

Click here to read the full speech…

Apr
28

Corruption on Wall Street – Wall Street’s Full of Crooks – Fascist Bankers and Politicians Deal Make

When the financial chaos starts as seen waiting to happen in this long term BEARISH S&P Triple-Top chart formation (biggest triple-top in history), you’ll know just who to blame.

The Fed, Wall Street, and Politicians.  The usual crooks. Corruption as usual.

Surprise, Surprise. We sincerely hope that you got out of the stock market in time before the financial chaos (for future visitors)! 

Don’t take our word for it. From the New York Post below:

Influential Economist says Wall Street’s Full of ‘Crooks’

Corruption, insider trading and criminal behavior are rampant on a vast scale on Wall Street today as financiers and Washington play the same greedy games that brought us to the brink five years ago, according to one of the world’s most influential economists.

Wall Street is full of “crooks,” and it never properly cleaned up its act after the financial crisis of 2007 and 2008, Columbia University professor Jeffrey Sachs told a distinguished gathering of bankers and professionals in bombshell remarks at the Philadelphia Federal Reserve building earlier this month.

What’s behind this, says the high-profile academic twice named one of Time magazine’s 100 Most Influential People in the World, is “a docile president, a docile White House and a docile regulatory system that absolutely can’t find its voice.”

Sachs pulled no punches. “What has been revealed, in my view, is prima facie criminal behavior,” he said.

“It’s financial fraud on a very large extent,” the adviser to the World Bank and IMF added. “There’s also a tremendous amount of insider trading — you can even watch when you are living in New York how that works.”

In his live remarks, via video teleconference from New York, an emotionally charged Sachs also ripped into practices at Goldman Sachs and into the political classes on both the left and right. (The Post listened to the audio.)

“We have a corrupt politics to the core, I am afraid to say, and . . . both parties are up to their neck in this. This has nothing to do with Democrats or Republicans,” Sachs told the Philadelphia conference, “Fixing the Banking System for Good.”

Sachs described an environment of Wall Street buying off politicians with their huge campaign contributions. In the 2012 election cycle, political contributions by the securities and investment sector totaled some $271.5 million, compared with $176 million in 2008, according to the Center for Responsive Politics.

“I meet a lot of these people on Wall Street on a regular basis right now,” Sachs told the conference, hosted earlier this month by the nonprofit Global Interdependence Center. “I am going to put it very bluntly: I regard the moral environment as pathological. And I am talking about the human interactions . . . I’ve not seen anything like this, not felt it so palpably.”

Sachs said these same people on Wall Street are out to make billions of dollars, and believe nothing should stop them from doing that. “They have no responsibility to pay taxes; they have no responsibility to their clients; they have no responsibility to people, to counterparties in transactions,” he said. “They are tough, greedy, aggressive and feel absolutely out of control in a quite literal sense, and they have gamed the system to a remarkable extent.”

Sachs’ outburst stunned the crowd. “There was an initial shudder, is how I would describe it, because they could feel the passion that was in the discussion,” said attendee Dennis Peacocke, head of Strategic Christian Services, a religious group that advocates on topics of economic and social justice. “Jeffery Sachs’ comments were full of conviction. I was applauding him for bringing values and ethics into the discussion.”

Sachs also attacked:
MORE on the Fascist Bankers and Politician Dealmakers

Apr
28

Trust in the Financial System Evaporates – 2013

Trust in any system is fragile and must be earned and constantly maintained.  This is especially true of our financial system.  It’s on very thin ice in 2013.

From the DollarCollapse.com blog

Rolling Stone’s Matt Taibbi has once again put the world’s major hard news organizations to shame by describing, in comprehensible terms, the pervasive corruption at the heart of the financial system. Below are his concluding paragraphs from a much larger article that everyone with money at risk in a bank, brokerage account or business should read in its entirety.

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
After scandals involving libor and, perhaps, ISDAfix, the question that should have everyone freaked out is this: What other markets out there carry the same potential for manipulation? The answer to that question is far from reassuring, because the potential is almost everywhere. From gold to gas to swaps to interest rates, prices all over the world are dependent upon little private cabals of cigar-chomping insiders we’re forced to trust.

“In all the over-the-counter markets, you don’t really have pricing except by a bunch of guys getting together,” Masters notes glumly.

That includes the markets for gold (where prices are set by five banks in a Libor-ish teleconferencing process that, ironically, was created in part by N M Rothschild & Sons) and silver (whose price is set by just three banks), as well as benchmark rates in numerous other commodities – jet fuel, diesel, electric power, coal, you name it. The problem in each of these markets is the same: We all have to rely upon the honesty of companies like Barclays (already caught and fined $453 million for rigging Libor) or JPMorgan Chase (paid a $228 million settlement for rigging municipal-bond auctions) or UBS (fined a collective $1.66 billion for both muni-bond rigging and Libor manipulation) to faithfully report the real prices of things like interest rates, swaps, currencies and commodities.

All of these benchmarks based on voluntary reporting are now being looked at by regulators around the world, and God knows what they’ll find. The European Federation of Financial Services Users wrote in an official EU survey last summer that all of these systems are ripe targets for manipulation. “In general,” it wrote, “those markets which are based on non-attested, voluntary submission of data from agents whose benefits depend on such benchmarks are especially vulnerable of market abuse and distortion.”

Translation: When prices are set by companies that can profit by manipulating them, we’re fucked.

“You name it,” says Frenk. “Any of these benchmarks is a possibility for corruption.”

 

Apr
28

Financial Chaos 2013 – Jim Sinclair Speaks on What the Global Elites have Planned

We have not had a truly free market in the United States for many, many years since 1913 with the founding of the Fed at Jekyll Island, Georgia.

This coming financial chaos is just culmination of many years for financial market control by the global elites, central banks, global insider politician, banking interests, oligarichs, etc. Jim Sinclair spells out the financial chaos that’s about to ensue.

Who is Jim Sinclair?  From BusinessWeek:

Mr. James E. Sinclair, Jim has been the Chief Executive Officer of Tanzanian Royalty Exploration Corp. (formerly, Tan Range Exploration Corporation)., since April 30, 2002 and also serves as its President. Mr. Sinclair has been Chief Executive Officer of Northwestern Basemetals Company Limited since November 28, 2012. He also serves as Chairman of the Board and Chief Executive Officer at Tanzania American International Development Corporation 2000 Ltd. He served as Chairman … of the Board and Chief Executive Officer of Tanzania American International Development Corporation. He founded Sinclair Group of Companies in 1977. He served as a Precious Metal Advisor to Hunt Oil and the Hunt family from 1981 to 1984. He served as General Partner of two New York Stock Exchange firms and also served as President of Sinclair Global Clearing Corporation Commodity clearing firm and Global Arbitrage derivative dealer in metals and currencies. He served as President of James Sinclair Financial Research SARL in Luxembourg. He served as Chairman of Tanzanian Royalty Exploration Corp. since April 30, 2002. He served as Chairman of Sutton Resources from 1989 to 1995. He has been a Director of Tanzanian Royalty Exploration Corp. since April 30, 2002.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/28_Sinclair_-_The_Elites_Frightening_Plan_To_Control_The_Masses.html

Today legendary trader Jim Sinclair told King World News that the elites plan to use the coming financial chaos and destruction to control the masses.  Sinclair spoke about the “Great Unwind,” what this means for gold, and how investors can protect themselves from what is in front of us.  Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say in this remarkable interview.

Sinclair:  “The enormous violence in the markets is obscuring a very clear message.  The message from Cyprus, that has also been written in various white papers and signed by central banks, the FDIC, Bank of England, and the BIS, is to get out of the system.

What happens to readers around the world is of primary importance to King World News and to myself.  The meetings that I have already had, and future meetings still to take place around the world, have been for the purpose of keeping investors from having large portions of their wealth destroyed or stolen from them.

People have to understand that going forward large deposits by ‘non-insiders’ are no longer going to be permitted.  The goal of this pre-arranged wealth destruction is to equalize the ‘new rich’ and the ‘upper middle-class.’  Those not on the inside, with the right families and the right companies, are not going to be tolerated in the ‘New Paradigm’ of currency and metal that we are now moving into.

So the only means of being able to protect yourself will be to understand the answer to the question, ‘What is the final end game for the most powerful families that are in fact running countries and markets?’….

 

Financial Chaos 2013, Financial Market Chaos 2013

Apr
27

Buy Gold in Michigan – Store it Offshore

What’s the best way to buy gold in Michigan?

Actually, to securely buy gold through GoldMoney  in the British Channel Islands and store it in an international vault of your choosing. You can take physical delivery of your gold AT ANYTIME. Since 2001, over 22,000 gold buyers worldwide have chosen to buy and store gold at GoldMoney as of 04/27/2013. Buy Gold Online

GoldMoney makes it very easy for you to conveniently buy and securely store gold bullion, silver, platinum, and other precious metals whether you’re in Michigan or anywhere in the world. The first step is to sign up for free to open a Holding, which is a personal record of your activity in GoldMoney and the metal you own. After a short verification process, you can transfer money to fund your Holding and start buying gold to preserve your purchasing power. Our government is recklessly printing trillions which is the definition of inflating the currency, eventually leading to massively rising prices as the velocity of money picks up.  This is Economics 101 where an item, the dollar, becomes less valuable as more of that item becomes available. Take a video tour of GoldMoney below. Why buy gold in Michigan when you have the best option to both buy gold and securely store gold here?

 

Historically, buying gold and silver has been an excellent way of preserving purchasing power over long periods of time. Today it takes almost the same amount of gold or silver to buy a barrel of crude oil as it did 50 years ago. This is in stark contrast to national currencies (also called fiat currencies), like the US dollar, the values of which strongly erode over time. Central banks and governments have set a long-term trend of currency debasement, and it is unlikely that this trend will be reversed anytime soon.  There has never been more obvious reasons to buy gold bullion for Michigan residents. Don’t sell your gold. Buy gold.

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Since 2001 thousands of individuals and companies have used GoldMoney® to buy gold and silver to preserve their purchasing power.

Our mission is to provide the best way to buy physical gold, silver, platinum and palladium online and to ensure secure storage for these precious metals.

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GoldMoney’s dedicated team ensures that customers receive the excellent service they deserve. GoldMoney’s Relationship Management team offers friendly and personal assistance.

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To advance the knowledge of free market economics and sound money, the founders of GoldMoney have established the GoldMoney Foundation.

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Apr
27

The Secret World of Gold Full Video from the CBC

 

Why are gold and silver so critically important for the global economy?  Educate yourself in 42 minutes with the Secret World of Gold video below.

The Secret World of Gold is a documentary exploring the power and politics of gold, a precious metal with more allure and fascination than any other. Valued for its permanence, beauty and scarcity, people will lie, cheat, steal and kill in the name of gold.

To finance the Third Reich, the Nazis went after the gold of Europe. Allied countries stored their gold offshore to keep it safe. In the first months of the Second World War, the gold of England and France was secretly shipped to vaults in Montreal, Ottawa and New York.

Those ships made it safely to port, but throughout history, many were not so lucky. It is estimated that worldwide, 3 million shipwrecks loaded with treasure lie at the bottom of the ocean. Odyssey Marine, an American company listed on the NASDAQ stock exchange, spends huge amounts of money to search for that gold. But there’s always the risk they will have to hand it over to countries claiming ownership.

http://www.cbc.ca/doczone/episode/the-secret-world-of-gold.html

Jan
28

Free Constitution Class – YouTube

The following is part 1 of an excellent, free  8 hour Constitution class (43 YouTube videos)  by Michael Badnarik, former Libertarian candidate for President of the United States.  This is the non-neocon Republican version.  He’s a very good speaker and be prepared to learn far more about the United States Constitution, making up for the general lack of knowledge that Amerika has about its founding document.

Topic: Constitution classes, class Constitution, Michael Badnarik Constitution class, Badnarik Constitution class, Constitutional law class,
Michael Badnarik’s Constitution class, learing about the Constitution, Constitution lesson, Constitution lessons, Constitution classes, free Constitution course

In the early eighties Michael Badnarik started his career as a computer programmer at an Illinois nuclear power plant. For the past twenty years he has continued this professional course, but during this time he became interested and frustrated with politics. As a result, in 1983 Badnarik began studying the IRS and then the constitution. He had since condensed his 18 years of research into a short eight hour course that he would teach in a lecture format. It included some of the fundamentals on our rights and the foundations of our republic. A video recording of one of the classes has been made and you can watch it here..

Part of 1 of 43.

 

Do your countrymen know their Constitutional rights?  NO.  He quotes Benjamin Rush…………Benjamin Rush was a Founding Father, Signer of the Declaration of Independence, Member of the Continental Army, and advocate for the ratification of the United States Constitution. Rush was also a prominent physician, educator, and proponent of women’s rights and the abolition of slavery.

“Freedom can exist only in the society of knowledge. Without learning, men are incapable of knowing their rights.”

 

Full Michael Badnarik profile:

http://en.wikipedia.org/wiki/Michael_Badnarik

Michael J. Badnarik (born August 1, 1954) is an American software engineer, political figure, and former radio talk show host. He was the Libertarian Party nominee for President of the United States in the 2004 elections, and placed fourth in the race, behind independent candidate Ralph Nader. Two years later he ran as a Libertarian Party candidate in the 2006 congressional elections for Texas’s 10th congressional district seat near Austin.[1] In a three candidate field, Badnarik came in third, receiving 7,603 votes for 4.3% of the vote.

 

Dec
26

End Of The Road Documentary Trailer. Total Collapse Of World Economy.

We are at that point of no return, financially, as this soon to be released documentary, “End Of The Road. Total Collapse Of World Economy”, points out.  Politicians, worldwide, have kicked the can down the road at every juncture of important decisions on accumulating debt.  We can just protect ourselves now.  Start with GoldMoney. Click on the banners on this page and protect yourself and your family.  There is not much else you can do except protect yourself with constituional money, gold and silver, held at GoldMoney vaults or taken possession of physically.     

End of The Road portrays eleven influential commentators within the finance and investment communities, as they share their knowledge of our current financial structure. Through each of their narratives, a story is built which chronicles the current economic dilemma and paints a picture of the world’s financial future.

End of The Road is an insightful commentary narrated by some of the greatest financial minds living today.

 

With interviews filmed in London, Los Angeles, San Diego and New York, End of The Road features a vast range of experts including fund managers, philosophers, best-selling authors, radio hosts, government consultants and Members of European Parliament.

Cast:
Peter Schiff
Eric Sprott
James Turk of GoldMoney
Bill Murphy
Alasdair Macleod
Jim Puplava
G Edward Griffin

Mike Maloney
James G Rickards
Adam Fergusson MEP
Dimitri Speck

 

Oct
12

Mitt Romney Working With Obama on Obamacare

Any idea that Mitt Romney is anything other than a debt-creating Socialist that would like to enslave you and yours should be dispelled by this Michael Isikoff article.  ROMNEY WORKING WITH OBAMA ON OBMACARE!  Republican elites love Romney, so expect him to be the 2012 Republican nominee.  Republicans are worse than Democrats and both are destroying the country.  We don’t have to worry about terrorist abroad because the terrorists are here.

Newly obtained White House records provide fresh details on how senior Obama administration officials used Mitt Romney’s landmark health-care law in Massachusetts as a model for the new federal law, including recruiting some of Romney’s own health care advisers and experts to help craft the act now derided by Republicans as “Obamacare.” 

The records, gleaned from White House visitor logs reviewed by NBC News, show that senior White House officials had a dozen meetings in 2009 with three health-care advisers and experts who helped shape the health care reform law signed by Romney in 2006, when the Republican presidential candidate was governor of Massachusetts. One of those meetings, on July 20, 2009, was in the Oval Office and presided over by President Barack Obama, the records show. 

“The White House wanted to lean a lot on what we’d done in Massachusetts,” said Jon Gruber, an MIT economist who advised the Romney administration on health care and who attended five meetings at the Obama White House in 2009, including the meeting with the president. “They really wanted to know how we can take that same approach we used in Massachusetts and turn that into a national model.”

 Read About the Rest of Romney’s Obmacare Debacle here:

http://www.msnbc.msn.com/id/44854320/ns/politics-decision_2012/#.TpQ06JuXu7t

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