The #BiggerPicture Is #Hiding #Behind A #Virus

Critical Shortage of Ventilators and Protective Gear Persists

By Stephen Lendman, April 03, 2020

Governor of hard-hit NY state Anthony Cuomo stressed that if a patient “needs a ventilator” and they’re all in use because of an insufficient supply, “the person dies” from suffocation. That’s the disturbing reality of a critical national shortage at a time when they’re vitally needed. As daily COVID-19 infections increase exponentially in the US, numbers on Friday will way exceed 250,000 by day’s end.

 

Can We Trust the WHO?

By F. William Engdahl, April 03, 2020

The most influential organization in the world with nominal responsibility for global health and epidemic issues is the United Nations’ World Health Organization, WHO, based in Geneva. What few know is the actual mechanisms of its political control, the shocking conflicts of interest, corruption and lack of transparency that permeate the agency that is supposed to be the impartial guide for getting through the current COVID-19 pandemic. The following is only part of what has come to public light.

 

COVID-19: Cover for Military Attack on Iran and Iraq?

By Kurt Nimmo, April 03, 2020

Now that the American people are consumed with fear and loathing of an overblown virus

The #Pentagon’s #IdesOfMarch: Best #Month to Go to #War

We’re Killing Off Our Vital Insects Too
By F. William Engdahl
Recent independent scientific studies indicate that we are threatening our vital global insect population, including of bees, with widespread extinction through massive deployment of agriculture pesticides. Read more...

The Coup Against President Aristide 15 Years Later: The Clintons, the Canadians, and Western NGOs all Complicit in a Never-Ending Tragedy
By Michael Welch, Yves Engler, and Jean Saint-Vil
On February 29th 2004, fifteen years ago this week, following an insurgency by a rebel paramilitary army, U.S. Canadian, and French troops executed a coup d’etat against the democratically elected Haitian leader Jean-Bertrand Aristide. Read more...

The Pentagon’s “Ides of March”: Best Month to Go to War

#CentralBanking, #Neoliberalism, and the “Fall of the Personalist Left”

By Global Research News

Url of this article:

http://www.globalresearch.ca/selected-articles-central-banking-neoliberalism-and-the-fall-of-the-personalist-left/5512118

 

Central Bank Governors Are Liars

By Prof Michel Chossudovsky and Washington’s Blog, March 04 2016

Central Banks are complicit in the manipulation of financial markets including stock markets, commodities, gold and currency markets, not to mention the oil and energy markets which have been the object of a carefully engineered “pump and dump” speculative onslaught. 

Victory of Neoliberalism? Is South America’s ‘Progressive Cycle’ At an End?

#DanielEstulin: #Globalism is in #Trouble

#Gold , #Silver and “ #CrashingMarkets ”

It’s Ugly if You Look Under the Hood

By Bill Holter

My plan for today was to write a very basic piece hitched to the one written yesterday “the money has to go somewhere”.  The plan was to point out that gold (and silver) will be the final destination for monies dislodged from crashing markets all over the world.  Along came the Q1 figures for U.S. GDP, a disaster on many levels.  So switching gears, let’s look at the first quarter, how quickly the economy has deteriorated and what it means in the future and in relation to the past.  I do plan to tie this together at the end because no matter how you look at it, gold is a magnet for what will be shaken loose.

Q1 GDP came in at .2% growth, this was a whopping $6 billion worth of growth for the quarter.  This number was an obvious disappointment as estimates were around 1%+.  Of course the apologists were immediately out in full force to remind us of how terrible the winter was and “weather” was to blame.  I would ask, isn’t that what “seasonal adjustments” are for?  Steve Liesman of CNBC even posed the question why seasonal adjustments are “not working”.  The obvious answer is because you can only stretch, massage and outright lie about economic numbers so far before you cannot any longer …because even the blind will see it.

 

Breaking the quarter down and looking under the hood, were it not for the biggest inventory build of any quarter in history, the quarter would have shown a negative 2.6% growth rate  .  What exactly does this mean?  It means the consumer or final user has shut off their purchases.  It means “stuff” was produced but

Ecuador to Transfer More Than Half its Gold Reserves

Ecuador to Transfer More Than Half its Gold Reserves to Goldman Sachs in Exchange for “Liquidity”

By Michael Krieger 

This gold is headed straight to China or Russia. Good luck ever getting that back amigos. Just ask Germany.

This is a great example of how the game works. In a world in which every government on earth needs “liquidity” to survive, and the primary goal of every government is and always has been survival (the retention of arbitrary power at all costs), the provider of liquidity is king. So what is liquidity and who provides it?

In the current financial system (post Bretton Woods), the primary engine of global liquidity is the U.S. dollar and dollar based assets generally as a result of  its reserve currency status. Ever since Nixon defaulted on the U.S. dollar’s gold backing in 1971, the creation of this “liquidity” has zero restrictions whatsoever and is merely based on the whims and desires of the central planners in chief, i.e., the Federal Reserve. As the primary creator of the liquidity that every government on earth needs to survive, the Federal Reserve is thus the most powerful player globally in not only economic, but also geopolitical affairs.

The example of the so-called sovereign nation of Ecuador relinquishing its gold reserves to Goldman Sachs for “liquidity” which can be conjured up by the Fed on a whim and at zero cost tells you all you need to know about how the world works (read my post: Why Fiat Money is Immoral).

Now from Bloomberg:

Ecuador agreed to transfer more than half its gold reserves to Goldman Sachs Group Inc. for three years as the government seeks to bolster liquidity.

The central bank said it will send 466,000 ounces of gold to Goldman Sachs, worth about $580 million at current prices, and get the same amount back three years from now. In return, Ecuador will get “instruments of high security and liquidity” and expects to earn a profit of $16 million to $20 million over the term of the accord.

“Gold that was not generating any returns in vaults, causing storage costs, now becomes a productive asset that will generate profits,” the central bank said in the statement. “These interventions in the gold market represent the beginning of a new and permanent strategy of active participation by the bank, through purchases, sales and financial operations, that will contribute to the creation of new financial investment opportunities.”  See Bloomberg Report here.

This isn’t the first South American country we’ve heard about sending their gold to Goldman. Recall my post from late last year: Is Venezuela Selling Gold to Goldman Sachs?
This gold is headed straight to China or Russia. Good luck ever getting that back amigos. Just ask Germany.

'Bring Back Our Girls' (And The Gold Too)

tomatobubble.com

http://www.globalpost.com/dispatch/news/regions/africa/nigeria/121120/artisan-independent-gold-mining-nigeria-corporations-gold-rush

Gold Price Manipulation

Naked Gold Shorts: The Inside Story of Gold Price Manipulation

By Dr. Paul Craig Roberts and David Kranzler

The deregulation of the financial system during the Clinton and George W. Bush regimes had the predictable result: financial concentration and reckless behavior. A handful of banks grew so large that financial authorities declared them “too big to fail.”  Removed from market discipline, the banks became wards of the government requiring massive creation of new money by the Federal Reserve in order to support through the policy of Quantitative Easing the prices of financial instruments on the banks’ balance sheets and in order to finance at low interest rates trillion dollar federal budget deficits associated with the long recession caused by the financial crisis.

The Fed’s policy of monetizing one trillion dollars of bonds annually put pressure on the US dollar, the value of which declined in terms of gold. When gold hit $1,900 per ounce in 2011, the Federal Reserve realized that $2,000 per ounce could have a psychological impact that would spread into the dollar’s exchange rate with other currencies, resulting in a run on the dollar as both foreign and domestic holders sold dollars to avoid the fall in value. Once this realization hit, the manipulation of the gold price moved beyond central bank leasing of gold to bullion dealers in order to create an artificial market supply to absorb demand that otherwise would have pushed gold prices higher.

The manipulation consists of the Fed using bullion banks as its agents to sell naked gold shorts in the New York Comex futures market.  Short selling drives down the gold price, triggers stop-loss orders and margin calls, and scares participants out of the gold trusts. The bullion banks purchase the deserted shares and present them to the trusts for redemption in bullion.  The bullion can then be sold in the London physical gold market, where the sales both ratify the lower price that short-selling achieved on the Comex floor and provide a supply of bullion to meet Asian demands for physical gold as opposed to paper claims on gold.

The evidence of gold price manipulation is clear. In this article we present evidence and describe the process.  We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly exceed the available supply.

The primary venue of the Fed’s manipulation activity is the New York Comex exchange, where the world trades gold futures.  Each gold futures contract represents one gold 100 ounce bar.  The Comex is referred to as a paper gold exchange because of the use of these futures contracts.  Although several large global banks are trading members of the Comex, JP Morgan, HSBC and Bank Nova Scotia conduct the majority of the trading volume.  Trading of gold (and silver) futures occurs in an auction-style market on the floor of the Comex daily from 8:20 a.m. to 1:30 p.m. New York time.  Comex futures trading also occurs on what is known as Globex.  Globex is a computerized trading system used for derivatives, currency and futures contracts.  It  operates continuously except on weekends.  Anyone anywhere in the world with access to a computer-based futures trading platform has access to the Globex system.

In addition to the Comex, the Fed also engages in manipulating the price of gold on the far bigger–in terms of total dollar value of trading–London gold market.  This market is called the LBMA (London Bullion Marketing Association) market.  It is comprised of several large banks who are LMBA market makers known as “bullion banks”  (Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorganChase, Merrill Lynch/Bank of America, Mitsui, Societe Generale, Bank of Nova Scotia and UBS).  Whereas the Comex is a “paper gold” exchange, the LBMA is the nexus of global physical gold trading and has been for centuries.   When large buyers like Central Banks, big investment funds or wealthy private investors want to buy or sell a large amount of physical gold, they do this on the LBMA market.

The Fed’s gold manipulation operation involves exerting forceful downward pressure on the price of gold by selling a massive amount of Comex gold futures, which are dropped like bombs either on the Comex floor during NY trading hours or via the Globex system.  A recent example of this occurred on Monday, January  6, 2014.  After rallying over $15 in the Asian and European markets, the price of gold suddenly plunged $35 at 10:14 a.m.   In a space of less than 60 seconds, more than 12,000 contracts traded – equal to more than 10% of the day’s entire volume during the 23 hour trading period in which which gold futures trade. There was no apparent news or market event that would have triggered the sudden massive increase in Comex futures selling which caused the sudden steep drop in the price of gold. At the same time, no other securities market (other than silver) experienced any unusual price or volume movement.  12,000 contracts represents 1.2 million ounces of gold, an amount that exceeds by a factor of three the total amount of gold in Comex vaults that could be delivered to the buyers of these contracts. 

House Of Rothschild Hoarding Gold In Face Of Coming Collapse?

¿La familia Rothschild (Escudo Rojo) acumula su oro ante un venidero colapso?
Para conocer más sobre esta familia: 
http://obligatoriorecordar.blogspot.com/2012/09/los-intereses-de-los-rothschild-detras.html

Jurriaan Maessen

A recent appointment of Rothschild as “financial advisor” by the Board of Directors of gold exploration company Spanish Mountain Gold is yet another unmistakable indication that the ancient family is moving the world’s gold supply to both “emerging markets” and Central Banks worldwide, strengthening the family’s monopoly position when the fiat-based house of cards comes crashing down in the West.

The Board of Directors of the British Columbia based gold exploration company appointed Rothschild to “review strategic options with the objective of maximizing shareholder value.” In July of 2012, Spanish Mountain Gold’s CEO Brian Groves boasted already that the excavation in British Colombia is a project worth “several million ounces in gold” and is backed by “an enormous network of connections globally”, Groves told Resource Clips.

Indeed, this recent appointment of Rothschild’s financial expertise (from centuries worth of experience) has increased the value of this company somewhat, propelling the gold-producing company into newer heights (or depths), depending on what end of the gold bar you find yourself. It also is a sure sign that the family is tightening its grip on gold, in both the excavation, the producing and the trading phase.

In the beginning of this century there were signs that Rothschild was starting to pull back from gold. With the announcement of Lord Jacob Rothschild that his “investment vehicle” RIT Capital Partners “has ridden the rally in gold prices but will now incrementally sell down” many observers were led to believe the ancient house was abandoning the precious stuff. Jacob Rothschild stated in 2011:

“There is I believe a growing awareness of the dangerous position which confronts many countries, particularly those in the developed world. In spite of these concerns, we continue to take advantage of areas that we believe are attractive, but we will remain cautious in terms of the quantum of capital that we allocate”.

Already in 2004 Rothschild blew the horn, announcing with a loud voice (that tends to carry far and wide throughout the world’s financial community) that the family was withdrawing from its gold-based assets. In April of 2004 the Telegraph reported:

“The investment bank that has chaired the London meetings setting the world gold price since 1919 is quitting the market.”

In 2011, an analysis makes clear how and why Rothschild manipulates the price of gold downward:

Despite these earlier indications that Rothschild was backing away from its gold assets (which smell like the calculated diversion techniques of an experienced illusionist), the recent appointment in the Spanish Mountain project is a clear sign that gold is still foremost on the mind of the family, as it has been for many centuries past. These earlier manoeuvrings by Rothschild seem to suggest a consciously constructed effort to bring down the price of gold- with the aim of buying large quantities later on, when the price was especially low. The reason for such a move is explained by Jeff Thomas in February 2012, when he wrote:

“Many economists project that, following the crashes of the Euro and the dollar, a return to gold-backed currencies would appear as a world trend. This is only natural, as the fiat currency concept would have been shown to be the farce that it is.”

For this reason, Thomas argued, the hoarding of gold is being done with the aim of redistributing it later on to those nations (or supra-nations, such as the EU and China) the elite have destined to be the future global engines after the old one has been discarded:

“It is entirely possible that all currencies could receive a shake-up, and an entire worldwide system of gold-backed currencies may develop. If this were to occur, the countries that held the largest amounts of gold at that time would be out in front economically.”

This indeed seems to be the case. As Edmond de Rothschild’s France-based asset management company analyzes for 2013, the so called “emerging markets” are increasingly scooping great chunks of gold from the world’s supply:

“It is (…) reassuring to see that physical demand has started the year well with an increase in Chinese and Indian buying. The Chinese are buying before the Lunar New Year while Indians seem to be anticipating higher duties on imported gold. At the same time, central bank buying continues. They bought 536 tonnes in 2012 (+17% on record 2011 levels) or 13% of total demand.”

Another document issued by Edmond de Rothschild’s “Goldsphere”-enterprise analyzes the global gold-trade, the buyers, the sellers, the winners and the losers. In one of its assessments the global elite recognizes that European nations are reluctant to sell their gold stocks and the current trend is a continuous rover of gold towards the East:

“European countries are in no rush to sell their bullion reserves as they are small in value compared to their debt problems and some of the gold might already have been pledged in collateralised loans.”

While all the major strongholds of the elite are being abandoned in the US, new lairs are being set up in China. The document concludes by saying that gold-producing companies and miners are not sufficiently riding the wave of ever-rising gold prices:

“All the recent meetings we have had with gold companies tend to confirm the industry’s acceptance that gold mines and gold projects have to be better managed so as to get shareholder returns more in line with the current strong gold price. And some projects have in fact already been postponed or cancelled because of insufficient profitability.”

This puts the recent “appointment” of Rothschild by Spanish Mountain Gold somewhat into perspective doesn’t it? It seems the ancient House of Rothschild has feigned a retreat from gold in the beginning of this century, only to then snatch it again at a good prize and move it into the East- their future global engine. When Baron Benjamin de Rothschild was asked by Israeli newspaper Haaretz what the family’s intentions are in regards to China, he answered unhesitatingly “to increase our focus in that region”.

As the elite’s engine of control is incrementally deconstructed in the West, the world’s gold is gradually moving towards its new engine in the East.