Hawaii Becomes the First State to Pass a Bill in Support of Universal Basic Income


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In Brief

This month has shown that Hawaii may be the U.S.’s most forward-thinking state. Earlier in June, it became the first state to formally accept the provisions of the Paris Climate Accord, and now, the state congress has passed a bill that puts Hawaii on the path to universal basic income.

Eyes on the Future

Innovation and forward-thinking may be Hawaii’s two biggest exports in 2017. Earlier this month, the state earned the distinction of being the first in the U.S. to formally accept the provisions of the Paris Climate Agreement after President Donald Trump decided to withdraw the nation from it, and now, Hawaii is taking the lead in embracing yet another innovative idea: universal basic income (UBI).

Today, Hawaii state representative Chris Lee wrote a Reddit post about House Concurrent Resolution 89, a bill he says he introduced in order to “start a conversation about our future.” According to Lee, “After much work and with the help of a few key colleagues, it passed both houses of the State Legislature unanimously.”

Lee also mentioned the development via Twitter:

The bill has two major provisions. First, it declares that all families in Hawaii are entitled to basic financial security. “As far as I’m told, it’s the first time any state has made such a pronouncement,” wrote Lee. The second provision establishes a number of government offices “to analyze our state’s economy and find ways to ensure all families have basic financial security, including an evaluation of different forms of a full or partial universal basic income.”

The congressman thanked “redditors” in his post, as he said the site became his first resource in considering UBI, and added a Reddit-standard TL;DR at the end: “The State of Hawaii is going to begin evaluating universal basic income.”

A Step Forward

Under a UBI program, every citizen is granted a fixed income that’s not dependent on their status in life. Despite the current focus on the concept, it actually isn’t particularly new. In fact, former U.S. President Richard Nixon actually floated the idea back in 1969.

Universal Basic Income: The Answer to Automation?
Click to View Full Infographic

However, the benefits of such a program have become more appealing in light of recent technological advances, specifically, the adoption of automated systems that could result in widespread unemployment.

Proponents of UBI have highlighted how it would be an improvement on existing social welfare programs while mitigating the effects of the joblessness expected to follow automation. Critics think that UBI would encourage a more lax attitude about work and argue that funding such a system would be difficult, if not impossible.

Existing pilot programs, however, seem to indicate otherwise.

Hawaii may be the first U.S. state to pass any sort of UBI-positive legislation, but several countries around the globe are already testing the system. Finland began its two-year UBI pilot in 2016, and Germany has one as well. Canada plans to start trials in Prince Edward Island (PEI) and Ontario, while India is currently debating the merits of UBI. Several private UBI endeavors are also in the works, including one that uses blockchain and cryptocurrency.

Of course, the implementation of any major UBI program requires a great deal of political will. As Lee wrote, “Planning for the future isn’t politically sexy and won’t win anyone an election […]. But if we do it properly, we will all be much better off for it in the long run.”

 

https://futurism.com/hawaii-becomes-the-first-state-to-pass-a-bill-in-support-of-universal-basic-income/

Supreme Court Of The U.S. Ruled JP Morgan Chase To Stand Trial For Violating Antitrust Laws & For Rigging The Comex Silver Market


by / Monday, 01 May 2017

 

published on Political Vel Crafton April 21 2017

us-supreme-court-1SCOTUS

The U.S. Supreme Court allowed private antitrust lawsuits brought by investors including big U.S. cities accusing major banks of conspiring to manipulate the pivotal Libor benchmark interest rate to move forward. The justices rejected an appeal filed by a group of banks including Bank of America Corp(BAC.N), Deutsche Bank AG(DBKGn.DE), UBS AG(UBSG.S) and JPMorgan Chase & Co(JPM.N) of a May 2016 ruling by the New York-based 2nd U.S. Circuit Court of Appeals that allowed various lawsuits against them to proceed.

The appeals court reversed a lower court judge’s dismissal of investors’ antitrust claims against the banks. The private litigation is separate from Libor rigging probes that have resulted in roughly $9 billion of sanctions worldwide, including $2.5 billion against Deutsche Bank in April 2015. Several bank affiliates have pleaded guilty to criminal charges, and more than 20 people have been criminally charged.

 

Alleged illegal activity including the execution of rapid trades just before the rate was set each day, called “banging the close,” causing the British brokerage ICAP Plc (IAP.L) to delay trades until they moved ISDAfix where they wanted, and posting rates that did not reflect market activity. Settled is a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.

Under the settlement, payments would include $52 million from JPMorgan; $50 million each from Bank of America, Credit Suisse, Deutsche Bank and RBS; $42 million from Citigroup and $30 million from Barclays.

Alaska Electrical Pension Fund et al v. Bank of America Corp et al, U.S. District Court, Southern District of New York, No. 14-07126. The settlement made public on May 3, which requires court approval, resolves antitrust claims against Bank of America Corp (BAC.N), Barclays Plc (BARC.L), Citigroup Inc (C.N), Credit Suisse Group AG (CSGN.S), Deutsche Bank AG (DBKGn.DE), JPMorgan Chase & Co (JPM.N) and Royal Bank of Scotland Group Plc (RBS.L).

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Deutsche Bank 2016

[April 15 Deutsche Bank AG settles London Gold Fixing conspiracy ]

April 14 Deutsche Bank AG agreed to settle U.S. lawsuits accusing it of conspiring with other banks to manipulate gold and silver prices at investors’ expense, court papers show.

The settlements were disclosed in letters filed in Manhattan federal court by lawyers representing investors and traders who accused Deutsche Bank of violating U.S. antitrust law.

Bill Holter 2017

 

Terms were not disclosed, but both settlements will include monetary payments by the German bank. Deutsche Bank also agreed to help the plaintiffs pursue claims against other defendants.The plaintiffs accused Deutsche Bank of conspiring with Bank of Nova Scotia, Barclays Plc, HSBC Holdings Plc and Societe Generale to manipulate prices of gold, gold futures and options, and gold derivatives through twice-a-day meetings to set the so-called London Gold Fixing.

They also accused Deutsche Bank, HSBC and ScotiaBank of a similar conspiracy to manipulate silver prices by rigging the daily Silver Fix.

UBS AG was also accused in both lawsuits of conspiring to exploit metals prices.The cases are In re: Commodity Exchange Inc Gold Futures and Options Trading Litigation, U.S. District Court, Southern District of New York, No. 14-md-02548; and In re: London Silver Fixing Ltd Antitrust Litigation in the same court, No. 14-md-02573.

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[June 2015 John Cryan, British former chief financial officer of UBS CEO of Deutsche Bank ]

“It is categorically false that pressure from regulators [known as BaFin,] was a factor in the decision of the co-C.E.O.s to step down early,” Michael Golden, the spokesman, said in an email.

He pointed out that Mr. Jain would not receive about 15 million euros in pay he would have been entitled to if he had been fired. Mr. Jain will leave at the end of June while Mr. Fitschen will remain another year.

Sunday 7 June 2015 14.36 EDT Anshu Jain will leave Deutsche Bank at the end of this month, with Jürgen Fitschen staying on until the bank’s annual meeting in 2016. The surprise move of the joint chief executives of

Deutsche Bank came just over a month after Deutsche was fined a record $2.5bn (£1.7bn) for rigging Libor, ordered to fire seven employees and was accused of being obstructive towards regulators in their investigations into the global manipulation of the benchmark rate. John Cryan, the British former chief financial officer of UBS, will replace Jain as co-chief executive. When Fitschen departs he will not be replaced, leaving the 54-year-old Briton in sole charge.

[June 5 Deutsche Bank AG and its role in Ruble flight]Transactions involving stocks bought by Russian clients in rubles through Deutsche Bank, and simultaneous trades through London in which the bank bought the same securities for similar amounts in U.S. dollars allowed Russian clients to move funds out of Russia “without properly alerting the authorities,” Deutsche Bank AG ithinks this may have involved about $6 billion over more than four years.

The Bank of Russia approached Deutsche Bank in October asking the firm to examine the stock-trading activities of some clients in the country, said one person, who asked not to be identified because the discussions are private. The German lender is analyzing data from 2011 through early 2015, and has alerted Britain’s Financial Conduct Authority, the European Central Bank and Germany’s Bafin of the investigation.

Since 2006, , Russian individuals have sent nearly $200 billion out of the country—or more than 10 percent of the country’s gross domestic product for 2013. And the flow of cash accelerated, up from $5.9 billion in the first quarter of 2013 to $13.4 billion in the third quarter of 2014.

[April 23 Germany’s largest lender by assets will book a profit and “near record revenues” for the first quarter, despite LIBOR fine]Deutsche Bank AG’s alleged involvement in rigging of foreign-exchange markets, is likely to involve an even higher fine than the Libor investigations. Deutsche Bank is also being probed for alleged violations of U.S. sanctions on countries such as Iran and over high-frequency trading.

Deutsche Bank will agree to plead guilty to manipulation and acknowledge that its internal monitoring systems were insufficient to prevent the manipulation of Libor. Deutsche Bank is nearing a settlement fine of more than $2.15 billion with British and American regulatory authorities.

The bank is subject to 180 regulatory investigations and faces 1,000 lawsuits with a claim value of more than €100,000 each, Deutsche Bank has paid more than €5 billion over the past two years for settlements and fines stemming mostly from the financial crisis. Annual revenue 2014 $47.30 B

clinton-lewinsky-glass-steagall1Clinton’s 1999 Green Light For Banks To Make High Risk Investments Against The Middle Class!

[November 17 2014 JPM legal costs reserve $5.9 billion: possible 2006 Mortgage Operations problem]“The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare”

Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as “massive criminal securities fraud” in the bank’s mortgage operations.
Thanks to a confidentiality agreement, she’s kept her mouth shut since then

Justice Department is conducting a criminal investigation into foreign exchange trading by JPMorgan Chase & Co. JPMorgan’s filing came on the same day that HSBC set aside $1.6 billion for legal costs, some of which is earmarked for an ongoing investigation into that bank’s foreign exchange trading business by U.K. regulators. JPM might need as much as $5.9 billion to cover losses beyond reserves for legal matters, up $1.3 billion from the end of June, and the most since since mid-2013.

In October, Citigroup — another bank in settlement talks with regulators — slashed its previously-reported third-quarter profits in order to factor in an additional $600 million in legal costs. Large banks, especially in Europe, have taken billions of dollars worth of hits to their profits in the third quarter to deal with expected legal costs stemming from investigations into foreign exchange manipulation. RBS set aside $640 million, Deutsche Bank has had a $1.1 billion legal charge, and Barclays has had a $800 million charge.

Credit Default Swaps Investigations and Litigation. In July 2013, the European Commission (the “EC”) filed a Statement of Objections against the Firm (including various subsidiaries) and other industry members in connection with its ongoing investigation into the credit default swaps (“CDS”) marketplace. The EC asserts that between 2006 and 2009, a number of investment banks acted collectively through the International Swaps and Derivatives Association (“ISDA”) and Markit Group Limited (“Markit”) to foreclose exchanges from the potential market for exchange-traded credit derivatives.

The Firm submitted a response to the Statement of Objections in January 2014, and the EC held a hearing in May 2014. The U.S. Department of Justice (“DOJ”) also has an ongoing investigation into the CDS marketplace, which was initiated in July 2009.

Separately, the Firm and other industry members are defendants in a consolidated purported class action filed in the United States District Court for the Southern District of New York on behalf of purchasers and sellers of CDS. The complaint refers to the ongoing investigations by the EC and DOJ into the CDS market, and alleges that the defendant investment banks and dealers, including the Firm, as well as Markit and/or ISDA, collectively prevented new entrants into the market for exchange-traded CDS products. Defendants moved to dismiss this action, and in September 2014, the Court granted defendants’ motion in part, dismissing claims for damages based on transactions effected before the Autumn of 2008, as well as certain other claims

Foreign Exchange Investigations and Litigation. DOJ is conducting a criminal investigation, and various regulatory and civil enforcement authorities, including U.S. banking regulators, the Commodity Futures Trading Commission (“CFTC”), the U.K. Financial Conduct Authority (the “FCA”) and other foreign government authorities, are conducting civil investigations, regarding the Firm’s foreign exchange (“FX”) trading business.

These investigations are focused on the Firm’s spot FX trading activities as well as controls applicable to those activities. The Firm continues to cooperate with these investigations and is currently engaged in discussions with DOJ, and various regulatory and civil enforcement authorities, about resolving their respective investigations with respect to the Firm. There is no assurance that such discussions will result in settlements.”

In 2013, JPMorgan paid over $20 billion in settlements, fines, and compensation to settle investigations into mortgage securities trading, its massive “London Whale” derivatives loss, and its relationship with Bernie Madoff

JPMorgan’s lawyers accepted the $1.7 billion penalty, stemming from two felony violations of the Bank Secrecy Act for turning a blind eye to the Ponzi scheme run by Bernard L. Madoff. The bank also agreed to pay $350 million to the Office of the Comptroller of the Currency, accepting the agency’s only offer.

hk-jpm-trader-1JP Morgan High Level Forex Trader China

[October 31 $6.5 to $35B may be collected from banks in forex investigation]Major U.S. and European investment banks this month boosted to as much as $6.5 billion their collective war chest/reserves for settling with global regulators who are investigating allegations of collusion and manipulation in the $5 trillion-a-day foreign exchange market. Earlier this year, banking research firm Autonomous put the worldwide total at around $35 billion.

[October 8 U.S. prosecutors expect Banging the close action soon]U.S. prosecutors are pressing to bring charges against a bank for currency-rate rigging by the end of the year, and actions against individuals will probably follow in 2015, according to people familiar with the probe. are looking into allegations that traders shared data about orders with people at other firms using instant-message groups with names such as `€œThe Cartel`€ and `The Bandits Club.`

One focus is whether dealers sought to move the WM/Reuters benchmark rate in their favor by pushing through trades before and during the 60-second windows when the benchmark is set at 4 p.m. in London each day, a process known in the industry as “banging the close.

andrew-jackson

[March 14 European Commission fines over banging the close]

[December 4 2013] A record total of 1.71 billion euros ($2.3 billion) on December 4 was awarded for rigging financial benchmarks. The penalty is the biggest yet to be handed down to banks for rigging the benchmarks used to determine the cost of lending, one of the most brazen violations of conduct since the financial crisis. It is also the highest antitrust penalty ever imposed by the Commission, the EU’s competition regulator.The other banks penalized are Societe Generale, JPMorgan and brokerage RP Martin. Deutsche Bank received the biggest fine of 725.36 million euros. The European Commission said it would continue to investigate Credit Agricole, HSBC, JPMorgan and brokerage ICAP for similar offences.

[Earlier]Standard Chartered has put one of its senior forex traders, Matt Gardiner on leave. Richard Usher, J P Morgan chief currency dealer in London, and Citi’s Rohan Ramchandani also went on leave after regulators probing forex manipulation started investigating traders’ use of an instant-message group.

[October 29]The U.S. Justice Department is investigating the manipulation of foreign exchange rates, a top federal prosecutor said on October 29, in the first public acknowledgement of such a probe in the United States. Criminal and antitrust authorities have an “active, ongoing investigation” into the possible manipulation, Mythili Raman, the acting head of the department’s criminal division, said.

[October 7]Swiss authorities said they were investigating whether financial institutions had colluded to manipulate foreign exchange markets. Traders could potentially influence exchange rates by pushing through large orders exactly at the right time. If those suspicions are proved correct, it could result in yet another embarrassing reputational scandal, not just for individual banks but also for the integrity of the global financial sector.

The $4.7-trillion-a-day (CHF4.2 trillion) currency market, the biggest in the financial system, is also one of the least regulated, according to experts. Even the smallest movement in exchange rates could affect the value of investments made by institutional investors, including pension funds.

Finma, said it was investigating several Swiss banks but did not name them. The agency also said it was cooperating with authorities in other countries and that banks outside the country were also suspected. UBS is fourth among global banks in currency trading, according to Euromoney. Credit Suisse is a relatively minor player, with 3.7 percent of the currency market vs. 10.1 percent for U.B.S.

The largest currency trader globally is Deutsche Bank in Frankfurt, with 15.2 percent of the market. The probes come after reports that dealers at banks pooled information through instant messages and used client orders to move benchmark currency rates. Britain’s Financial Conduct Authority said that month it was reviewing the allegations. The U.S. Commodity Futures Trading Commission has also been reviewing potential violations of the law with regards to foreign currency markets, according to a person familiar with the matter who asked not to be identified.

Authorities around the world are investigating the alleged abuse of financial benchmarks by the firms that play a central role in setting them.

[August 28]In the space of 20 minutes on the last Friday in June, the value of the U.S. dollar jumped 0.57 percent against its Canadian counterpart, the biggest move in a month. Within an hour, two-thirds of that gain had melted away.

The same pattern — a sudden surge minutes before 4 p.m. in London on the last trading day of the month, followed by a quick reversal — occurred 31 percent of the time across 14 currency pairs over two years. For the most frequently traded pairs, such as euro-dollar, it happened about half the time, the data show.

The recurring spikes take place at the same time financial benchmarks known as the WM/Reuters rates are set based on those trades.

Fund managers and scholars say the patterns look like an attempt by currency dealers to manipulate the rates, distorting the value of trillions of dollars of investments in funds that track global indexes. The recurring spikes take place at the same time financial benchmarks known as the WM/Reuters (TRI) rates are set based on those trades. Now fund managers and scholars say the patterns look like an attempt by currency dealers to manipulate the rates, distorting the value of trillions of dollars of investments in funds that track global indexes.

In June that dealers shared information and used client orders to move the rates to boost trading profit. The U.K. Financial Conduct Authority is reviewing the allegations, a spokesman said. “We see enormous spikes,” said Michael DuCharme, head of foreign exchange at Seattle-based Russell Investments, which traded $420 billion of foreign currency last year for its own funds and institutional investors.

“Then, shortly after 4 p.m., it just reverts back to what seems to have been the market rate. It adds to the suspicion that things aren’t right.” Authorities around the world are investigating the abuse of financial benchmarks by large banks that play a central role in setting them.

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Former Barclays CEO Robert Diamond gave evidence to the Treasury Select Committee in London on July 10, 2012.
Diamond stepped down from his position after regulators fined the bank 290 million pounds for attempting to rig the benchmark interest rate.

Barclays Plc (BARC), Royal Bank of Scotland Group Plc and UBS AG (UBSN) were fined a combined $2.5 billion for rigging the London interbank offered rate, or Libor, used to price $300 trillion of securities from student loans to mortgages. More than a dozen banks have been subpoenaed by the U.S. Commodity Futures Trading Commission over allegations traders worked with brokers at ICAP Plc (IAP) to manipulate ISDAfix, a benchmark used in interest-rate derivatives.

ICAP Chief Executive Officer Michael Spencer said in May that an internal probe found no evidence of wrongdoing. Dralers at banks, which dominate the $4.7 trillion-a-day currency market, may be executing a large number of trades over a short period to move the rate to their advantage, a practice known as banging the close. Because the 4 p.m. benchmark determines how much profit dealers make on the positions they’ve taken in the preceding hour, there’s an incentive to influence the rate, DuCharme said. Dealers say they have to trade during the window to meet client demand and minimize their own risk.

[April 2013]The Financial Stability Oversight Council (FSOC) recommended April 25 in its latest annual report to Congress that policymakers “promptly” identify other interest rate benchmarks that could replace the London Interbank Offered Rate, which the council said was “unsustainable in the long run.”

The lending gauge, known as Libor, comprises a set of rates used to price financial instruments worldwide and is based on self-reported borrowing costs for unsecured loans between banks. The regulators’ call to move from a regime in which banks self-report their borrowing costs to one anchored in actual, observable transactions would shake up the current underpinnings of the financial system.

The recommendation is the first of its kind for FSOC, a collection of regulators ranging from the Federal Reserve to the Consumer Financial Protection Bureau that was formed after the financial crisis to spot risks.

Hue and Cri

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FREE Episode: Hidden Origins with Michael Tellinger (Season 1, Episode 2) The Power of Gold ~ Gaia TV


Series Home Page: http://bit.ly/RethinkYourOrigins

Uncover the clues that expose humanity’s true origins as Michael Tellinger reveals secrets hidden within ancient stone circles and artifacts. These secrets could help us once again reclaim our true power and create a new world of abundance and opportunity for all.

Everything we have been told about our history is a lie. The stories that have shaped our society, as we know it, are falsehoods concocted by the victors of our planet’s many wars. However, evidence found in ancient texts and sacred sites reveal that discovering who we are and what we have become is only part of humanity’s hidden origins.

http://bit.ly/RethinkYourOrigins

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Abundance is Coming | Russian Scientists Announce Historic Discovery Rendering the Entire System Obsolete


(Stillness in the Storm Editor) Our world is plagued by scarcity and the trappings of dependency on systems that provide material resources. The powers that should not be have reduced humanity to dependents on the state and use corporations to provide all our Earthly needs. But with the advent of advanced technology and clean energies, resource independence is not only possible but an inevitability.

According to the following article, Russian scientists have discovered a method of transmutation that allows any element or substance to be transformed into another. In times of old, this was called Alchemy, yet in modern times, due to popularize science fiction like Star Trek, we call this replication or 3D printing.

3D printers are an emerging technology that empowers cottage industry innovators to liberate themselves, and their patrons, from dependency on parasitic corporations. The potential of personal manufacturing to change our materially based world is amazing. Consider that the vast majority of humanity slaves away in underpaying jobs, because in order to procure items needed for modern life, we need to earn-a-living. But if goods can be produced locally, the cost of production would drop considerably, and if materials can also be produced via the transmutation process cited by the Russian scientists, then this provides a cheap and almost limitless supply for the masses.

Related Abundance is Inevitable–The Paradox of Consumption is Over | Radical new economic system will emerge from collapse of capitalism

To be sure our world has been on the edge of this shift for decades while nefarious powers, acting from behind the scenes, do everything they can to hold back the rising tide of innovation. But in this age of information, when the secrets of antiquity are accessible via a few keystrokes on a computer, the times of material dependence and financial enslavement are coming to an end.

One day future generations will look back at these times and wonder how over 7,000,000,000 people allowed themselves to be so disempowered by relying on a handful of elite companies to provide for everyone’s material needs.

– Justin

SourceGeopolitics

by Eclink Learning

In another challenge to the Khazarian Mafia’s Babylonian paper magick financial system and the entire pyramid of cartels, two Russian scientists revealed a groundbreaking scientific discovery that is expected to change every system built for the last millennia.

Chemical transmutation, specifically involving lead into gold, was first heard within the occult science known as alchemy. Then, it was that same occultism that continue to suppress using the “national security” all encompassing excuse against free energy activist John Bedini, who successfully transmuted copper into gold by using 5000 Celsius of heat, further explaining why countries above the Ring of Fire, like the Philippines, have so much natural gold deposit that’s been extracted by foreign mining firms decades ago.

To put it simply, there is more than one way to produce gold, naturally and artificially. And this very valuable element has more than one application, too, not just in the realm of electronics industry, but also within our physical well-being, and has been made part in man’s pursuit for longevity for thousands of years.
Related RV/Gold Bait and Switch? – Secular Value vs Absolute Value – Hidden History of Gold

So, why is the knowledge pertaining to all of the above are not available up to now?

In a word, capitalism.

The profit oriented capitalism, in conjunction with the monetary based economic system, has aborted humanity’s march towards space age progress. It has deterred us from achieving our full potential.

All technologies that have been discovered, and are deliberately suppressed by patent acquisition and shelving, can make the existing control paradigm obsolete overnight. Those who are addicted to these control systems need to be neutralized if we are to make it to the next level of our evolution that’s been delayed for more than 100 years.

Related Science Conspiracy: Suppressed Free Energy Science

This is exactly what the BRICS countries are trying to do.

For the last several years since its inception, the BRICS tried several methods and strategies to start this paradigm shifting change that is not only expected to affect their own population, but that of the entire planet.

In order to weaken the clout of the Rothschild banking dynasty that is protecting the status quo, both Russia and China started buying vast quantities of gold available in the open market. This didn’t cause a significant increase on the price of gold and silver right away because those prices were already under intense systematic rigging in the first place, in order to protect the “integrity” of the legal tender, global exchange currency, i.e. Federal Reserve’s US dollar.

Related Analysis of BRICS, Putin, the IMF, The Chinese Yuan and much more | The Fall Of America Signals The Rise Of The New World Order

However, the stable and low gold prices only fed the desire of Russia and China to buy even more gold bullion using their huge reserve US dollars, a gradual yet deliberate dollar dumping, further undermining the already weakened Western economies. This resulted to the massive resignations of banking CEOs in the early part of 2012. These massive banking resignations were punctuated in June of the same year by World Bank President Zoellick and a year later by Pope Benedict XVI, the Vatican being at the apex of Corporatocracy and the entire fiat banking system on the planet.

Since then, the BRICS established direct exchanges using sovereign asset-based currencies to sustain their own economies while requiring others, especially the West, to do the same in exchange for their oil and industrial products.

Now, the financing world is separated between the East’s asset denominated and the West fiat based economies.

As the Brexit referendum was looming, Rothschild’s henchman George Soros invested heavily on Asian gold mines and made at least $2 trillion revenue overnight. This gives the Rothschild banking dynasty more fuel to sustain their sinister plans for the West, i.e. technocratic dictatorship.

So, how would humanity defeat a cunning enemy which is agile enough to play from one financial market into another, in a wink?

Since waging war is not a feasible option considering the possibility of a nuclear MAD, or mutually assured destruction, the only option left would then be the total destruction of the financial system itself.

But how exactly should the BRICS do it?

Barely a few weeks ago, a conference was held in Geneva, Switzerland, purposely to announce the discovery of a method to transmute any element into another element in the periodic table, and beyond.

This discovery was made possible by two Russian theoretical and experimental scientists who were trying to figure out how to fuel a spacecraft using any element found in space. Now, that’s a good scientific excuse, indeed.

The transmutation process does not involve nuclear reaction and heavy water. The economic consequence of the industrial scale of such a process cannot be projected at this point, they say.

Vladislav Karabanov: “Today, here in Geneva, we are making public a discovery and a technology which without any exaggeration could be of historic significance.

The essence of this discovery and the technology boils down to the development of an industrial method for the transformation of chemical elements into other elements and their isotopes.

What we’ll have to show you today is the transmutation without nuclear reactors, without heavy water, or anything of the kind, to obtain a transmutation of elements. Our approach to transmutation of chemical elements is biochemical in nature.

It is still too early to fully grasp the economic and civilization significance of this technology. It would not be an exaggeration to say that this discovery is a veritable revolution that’s going to open a new chapter in our technological progress. Unlikely as it may sound, this is a fact.

The architects of this discovery and technology are leading Russian Chemists, Mrs. Tamara Sahno and Mr. Victor Kurashov. These are theoretical and experimental scientists who stand on the shoulders of a dynasty of researchers who have been instrumental in discovering these methods for the transformation of chemical methods.

Mankind, represented by the authors, has discovered this method for the transmutation of matter which is likely to change the face of today’s world, perhaps as deeply as it was changed by the use of electricity, perhaps even deeper.

The repercussions of this revolution will be felt in the energy sector, medicine, industry and perhaps would also open up new industries, brand new industries that will have enormous humanitarian implications.

What is most important to bear in mind is that what we are talking about here is a ready-made industrial approach that will be capable of producing target products in industrial quantities in a matter of months. With respect to the economic aspects of this discovery I am going to brief you about that later . . .”

Victor Kurashov: “Ladies and gentlemen, our work to develop the technology for the transmutation of chemical elements goes back to the early 90s. The very first results were obtained back in 1998, but the bulk of this effort and research, as well as hundreds of successful experiments fall on the Summer and Autumn of 2013.

Our further efforts involved patenting this work, and so for all these reasons we haven’t rushed to publish our findings until the patent was issued. We received the patent priority on the 15th of May 2014, whereas the patent itself was issued on the 25th of August 2015.

Let’s move onto the process itself very briefly. The first component used in the process is ore, or nuclear waste. The second component of the process are valuable valency metals such as vanadium, chromium, manganese, iron, cobalt, nickel, copper, zinc, and others. Either of these will do, but we tend to use iron as the least costly element. The third component and a factor in this process, these are bacteria. Usually we use iron and sulphur-reducing bacterial species which we select along a certain list of criteria, such as that the bacteria are active, that they are resistant to radiation, that they are adapted to a heavily salted solution — ore, suspended in water.

Now about the technology itself: ore, or nuclear waste (there’s no difference) is processed by bacteria in the presence of valuable valency elements in any closed vessel. The transmutation process kicks off immediately, and proceed stage by stage for two or three weeks until target elements are obtained. But if it is not stopped on time, this process would carry on until stable isotopes are obtained as the end product.”

Producing the right element is one thing, using it is another. In conjunction with this discovery, Russia also released the availability of its first 3D metal printer…

The Mindblowing Consequence of this Discovery

There’s no doubt that there will be a creative explosion all over the planet when all of these technology and equipments are made available on the market soon.

When there’s an oversupply of any element, naturally the price of that element will go down to the point of insignificance, the anathema to the scarcity based economic system that we are forced to swallow.

Beside its scientifically groundbreaking significance, the conference was also held in the headquarters of the global banking industry and political epicenter of the West, which should repel all notion of it being just a mere Russian propaganda, or

… that turning iron or lead into gold is not fringe science at all but real and replicable, and the technology to do it is officially available to the world.

In the final analysis, the full utilization of all scientific discoveries could make all conventional institutions, e.g. educational, banking and finance, religion, and even the police and military, obsolete.

The future is within our grasp. We just need to support the right side of the geopolitical spectrum to make it happen.

Aside from the fiat monetary scam and bloodsoaked petrodollar, another significant source of funds for the Nazionist Khazarian Mafia is the “healthcare” industry which registered a whopping $3.09 trillion in 2014, and is projected to soar to $3.57 trillion in 2017, in the US alone. We believe that this is just a conservative figure.

We can avoid using drugs, defeat any viral attack and scaremongering, like the Zika virus, easily by knowing how to build our own comprehensive antiviral system. Find more about how we can kill three birds with one stone, right here.
_________________________
Stillness in the Storm Editor’s note: Did you find a spelling error or grammar mistake? Do you think this article needs a correction or update? Or do you just have some feedback? Send us an email at sitsshow@gmail.comThank you for reading.

Minor grammar errors were corrected in the shared article text.

Source:

https://geopolitics.co/2016/07/14/russian-scientists-announce-historic-discovery-rendering-the-entire-system-obsolete/

2012 The Awakening is supported by donations by the generosity of readers honoring the “energetic exchange for value” concept. And, by supporting the merchant affiliate programs by purchasing goods with the links provided below.

If links are dead, please contact me at { ascendingstarseed at gmail dot com }.

Mahalo nui, Annette

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RED ALERT WARNING: THIS IS YOUR LAST CHANCE — Bill Holter ~ SGTreport.com


Note: My feeling about all the “economic collapse” warnings, is that there’s an X-Factor that most analysts aren’t aware of in relation to negotiations with ET races who are here assisting humanity thru the coming shift. IMO there’s a Divine plan unfolding to recover humanity’s stolen assets and restructure the global economy to a system of abundance vs scarcity. How it will look or function is anyone’s guess. The key here is in knowing that all your needs will be met easily, and in learning how to manifest our abundance without doubt or fear.

Much love, Annette

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Friends, this interview with JS Mineset’s Bill Holter is not for the faint of heart. It contains information you absolutely must share with your friends and family, no matter how closed-minded they are, no matter how many times you may have tried to warn them in the past. This may well be their last chance to protect themselves from an economic calamity so severe that they will never recover.

Holter warns, “I think what we are looking at is an EVENT that you’re not going to be able to recover from. If this market snaps and the markets close, and you’re not in position, you’re out. You’re out for the rest of your life. This is going to be an EVENT that you can’t recover from.”

As readers of SGT Report know, Silver is the best performing commodity asset of 2016 thus far, and there are some very quantifiable, very important reasons for it. This may well be your last chance to protect yourself from what is coming.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

MUSIC CREDIT:
Chris Zabriskie “Its Always Too”
Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…”http://creativecommons.org/licenses/b

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

‘Our Corrupt, Fascist Government EXPOSED’ Jason Burack ~ SGTreport.com


Jason Burack from the Wall Street For Main Street You Tube channel joins me to dissect the death of the Republic of the United States – and the end of the rule of law. And we dissect the Panama Papers which are aimed at Putin, Assad and the Prime Minister of Iceland – all of whom are enemies of the West and the banks which control it.
Thanks for tuning in.

Jason’s You Tube channel:
https://www.youtube.com/user/WallStFo…

Watch: BILLIONS IN CHANGE
https://www.youtube.com/watch?v=YY7f1…

Watch :The Veneer of Justice in a Kingdom of Crime:
https://www.youtube.com/watch?v=eHgbR

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

“GOLD, SILVER & THE FINAL CURRENCY WAR” ANDY HOFFMAN ~ SGTreport.com


Andy Hoffman from Miles Franklin is back to help document the global economic collapse for the third week of March, 2016. Thanks for tuning in.
 
For REAL News & Information 24/7:
 
MUSIC CREDIT:
Incompetech, “Decisions”
 
The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

Bill Holter-Gold Only Insurance for Coming Financial Armageddon ~ Greg Hunter


Gold expert and financial writer Bill Holter says there is “no rule of law,” and criminal activity has suppressed the price of physical gold. Holter says, “We have been through a four year period of time where paper gold has been pounding the price of physical gold. You have people who were strong legged, hard money guys who are weak in the knees now, and they shouldn’t be. My hope is we can strengthen some weak knees, to not sell you only insurance in a financial Armageddon. It is mathematically coming. There is absolutely no possible exit with the system intact and the rule of law.”

Join Greg Hunter as he goes One-on-One with Bill Holter of JSMineset.com.

Links to the Holter Sinclair Q and A session in LA can be found here: http://www.jsmineset.com/2015/11

Jonathan Pie: Real FKN Economy News


The economy is baffling Jonathan … what can he afford to buy? Nothing. Rent? Nothing. This is the real news…

To watch Jonathan Pie on RT UK every Friday, please subscribe https://www.youtube.com/user/RTUKnews
Jonathan Pie is on YouTube here https://www.youtube.com/jonathanpie

FOLLOW ON TWITTER: http://www.twitter.com/RTUKnews
FOLLOW ON FACEBOOK: http://www.facebook.com/RTUKnews
READ MORE http://rt.com/uk/
WATCH LIVE: http://rt.com/on-air/rt-uk-air/

Harley Schlanger “PEOPLE WILL LOSE EVERYTHING” ~ SGTreport.com


Harley Schlanger, historian and national spokesman for LaRouchePAC joins us to discuss current geopolitical events including Putin’s gamesmanship in Syria where he has outmaneuvered Obama and exposed the fraud of the US “war on terror” by actually fighting ISIS, which the Pentagon and Obama does not want.

Incidentally, in March of 2014 while at the Hague in the Netherlands, President Obama warned the world that he is very concerned about the possibility of a nuclear weapon going off in Manhattan – a puzzling and frightening admission from a “leader of the free world”. Given that western governments are very keen on using false flag events to steer public policy and opinion, one wonders what Obama knows. Harley and I discuss.

We also cover the deteriorating global economy, and the fact that the American people had better wake up soon, because once the Dollar collapses under its mountain of debt and broken promises, Harley explains, “People aren’t going to have money soon. If we don’t change the policies we’re going to have a global blowout much much bigger than 2008, probably much bigger than 1929 to 1933 and people will lose everything”.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music: “Complex”
(http://www.incompetech.com) Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

Chris Martenson “$40 Trillion Lost in Next Crash” ~ USA Watchdog Greg Hunter


Economic researcher Chris Martenson, who also holds an earned PhD in Toxicology, says watch China because the recent signs are not good. Martenson contends, “You get your early signals from the place that is closest to the true economic action, and China is the center of that. So, to me, watching commodities tank first, gyrations in the Chinese stock market second, says third, you better be prepared for a big deflationary event or a big crash. . . . This is the mother of all crashes because the crash of 2008 was actually a side show. . . . We are going to discover that, like all bubbles, you return from where you started. . . . That means $40 trillion will have to get wiped out in the U.S. market alone.”
Economic researcher Chris Martenson, who also holds an earned PhD in Toxicology, says watch China because the recent signs are not good. Martenson contends, “You get your early signals from the place that is closest to the true economic action, and China is the center of that. So, to me, watching commodities tank first, gyrations in the Chinese stock market second, says third, you better be prepared for a big deflationary event or a big crash. . . . This is the mother of all crashes because the crash of 2008 was actually a side show. . . . We are going to discover that, like all bubbles, you return from where you started. . . . That means $40 trillion will have to get wiped out in the U.S. market alone.”

Join Greg Hunter as he goes One-on One with Dr. Chris Martenson of PeakProsperity.com.

All links can be found in the “After the Interview” section of USAWatchdog.com http://usawatchdog.com/vicious-out-of…
Join Greg Hunter as he goes One-on One with Dr. Chris Martenson of PeakProsperity.com.

All links can be found in the “After the Interview” section of USAWatchdog.com http://usawatchdog.com/vicious-out-of…

“Planetary Update” August 2015 ~ Mastering Alchemy by Jim Self


Every month, Jim Self “takes the pulse” of the energies currently affecting us and the planet.

Free eBook – The Shift — What it is… Why it’s Happening… How it’s Going to Affect You and The Mastering of Alchemy
by Jim Self
http://www.masteringalchemy.com/libra

Mastering Alchemy (sign up for our monthly newsletter and receive an invitation to Jim’s free webinar series)

http://www.masteringalchemy.com/newsl

Mastering Alchemy Facebook Page
http://www.facebook.com/MasteringAlch

Jim & Roxane’s Book – What Do You Mean the Third Dimension is Going Away? Why Now is the Time to Release Who You Are Not and Remember Who You Are
http://www.masteringalchemy.com/produ
– Also through Amazon
http://www.amazon.com/s/ref=nb_sb_ss_
– Barnes and Nobles
http://www.barnesandnoble.com/w/what-

SGTreport – THIS IS THE BANKSTER’S GREATEST FEAR — Harley Schlanger


Reblogged from FollowingWorldChange

Published on Jul 1, 2015

Our friend Harley Schlanger, Historian and national spokesman for LarouchePAC is back with us to process the developments in Greece as it defaults on IMF austerity and usury in favor of a future for its people over the criminal international Banksters.

Harley notes, “This is the worst case scenario for these Bankers. The reality is there is something new on the horizon. A new financial system outside of the control of what George Herbert Walker Bush called the New World Order. It’s fragile, but it’s coming into existence. And this is what the Banksters fear more than anything else.”

Harley asks a very important question as we approach what ‘Independence Day’ in July 4th: “What will the United States do? Where we are under the same captivity of an austerity driven global Bankster domination. Will the American people recognize that the Greeks should be our allies, the BRICS nations should be our allies? Or will we continue to go along with this London-Wall Street DICTATORSHIP?”

As we document the collapse for the first day of July, 2015 Harley reminds us that “after the collapse “There is very little that will remain standing. There’s an interconnection, it is a Domino effect.”

Thanks for tuning in.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music: “The Complex”
(http://www.incompetech.com) Licensed under Creative Commons “Attribution 3.0″ http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

NWO Globalist Agenda – Central Banks Attempting to Outlaw Cash Transactions


Published on Apr 23, 2015

NWO Globalist Agenda – Central Banks Attempting to Outlaw Cash Transactions
Beware All, Central Banks Attempting to Outlaw Cash Transactions, Be Prepared!

Simon Black – JP Morgan private banker: “We can’t make money anymore…”


Reblogged from FollowingWorldChange.wordpress.com

iman-mysxizyznlvakvjsemphihgpojhdjvoa-v2

July 1, 2015
Singapore

Yesterday over coffee, a friend of mine leaked the news that JP Morgan’s private banking division here in Singapore is going to start charging negative interest rates.

I almost fell out of my chair.

He’s a successful hedge fund manager and one of their best customers. So when he received the notice, he rang up his private banker and demanded to know why.

Between ridiculously low interest rates (banks are closing loans here for 0.9% or lower) and the increasing costs of compliance, “we can’t make money anymore…” was the response.

It certainly paints a clear picture of how screwed up the entire financial system is.

Compliance is a major component in this. Bankers around the world are buried up to their eyeballs in paperwork and regulations now.

They can’t make a move or approve a single transaction without first doing anti-money laundering, terrorist financing, and tax evasion due diligence.

Imagine it like this: your banker rings you up tomorrow and says,

“The government of China requires us to have all of our depositors fill out this paperwork. So I need you to send this form back to me ASAP…”

You’d probably think it was a joke.

Or at a minimum think, “Wait, what? I’m not Chinese. You’re not a Chinese bank. Who cares about some stupid Chinese regulation?”

And you’d be right.

Except that’s precisely what the United States is doing right now.

All over the world, bankers are contacting their customers and forcing them to fill out paperwork to comply with idiotic US government regulations. Even when there’s no connection to the US.

Here in Singapore, the bankers are completely miserable about it.

They’re so angry for having to call customers and say, “Yes I know you’re in India, and I know we’re in Singapore, and I know you’ve been a customer for 10 years. But you still have to fill out this US government form or else we’ll close your account.”

It’s ridiculous– all of this because the US government is bankrupt.

A few years ago they passed the Foreign Account Tax Compliance Act (FATCA)– a major part of their crusade to stamp out tax evasion and bring in more tax revenue.

FATCA is now in full force. Banks all over the world have been forced to enter into information sharing agreements with the IRS, meaning that they have to report on all of their customers and force them to fill out meaningless forms.

Needless to say, this costs a lot of money.

If you own a business, you can just imagine how frustrating and expensive it would be to have your employees toil away on senseless paperwork instead of… you know, doing real business.

The US government tells us that all of these disclosure programs have brought in about $6.5 billion in tax revenue.

Yet the costs of compliance are estimated to cost at least $8 billion, with some estimates over 10x higher.

Now that’s a neat trick. Uncle Sam gets the money and passes off the costs to everyone else.

And those who don’t comply with America’s rules are destroyed.

The most blatant example of this was last year, when a French bank was fined $9 billion for doing business with countries that Uncle Sam didn’t like.

Bear in mind, this was a French bank, not an American bank.

They violated no French laws. Yet they had to pay the US government $9 billion for doing business with places like Cuba.

(Ironically, Cuba is now BFFs with the United States, but it’s not like the bank is going to get a refund.)

More recently, the US government destroyed an Andorran bank that was accused of weak anti-money laundering controls.

And a few years ago they took down the oldest private bank in Switzerland.

Every bank in the world has seen these incidents, and they’re scared. They could be next.

And that’s why you can’t get a single financial transaction done anymore without first submitting a mountain of paperwork to prove that you’re not a terrorist. Or financing terrorists. Or laundering money. Or doing business with the Axis of Evil.

Even outside of banking it has become utterly ridiculous.

A friend of mine here runs one of the largest bullion depositories in Singapore; he wanted to buy some raw gold and have it made into bars, so he contacted a refiner.

The refiner said, “Sure no problem. I just need you to send us some compliance documentation before we get started.”

Then he sent a list of no fewer than 22 items that he needed to submit– copies of licenses, passports, certificates, etc.

22 items. Just to have a refiner make some gold bars. Ridiculous.

So obviously they’re not going to waste their time. Which means there’s some business that could have been done, but won’t, simply because of the compliance costs.

The US government has really screwed the world on this. Paperwork is the priority. Not business.

And all because America is bankrupt.

This trip to Singapore has been very eye-opening for me as I’m just now starting to understand how much people within the financial system despise the US government.

They feel like they’re being forced at gunpoint to be volunteer spies and tax collectors, simply because US politicians have been financially irresponsible.

And to me, it’s the biggest sign yet that America’s financial dominance is coming to an end. They’ve essentially engineered it themselves by alienating the whole world.

The transition isn’t going to be smooth. And it won’t happen overnight. But there will come a time, and likely soon, when the United States gets displaced.

And the rest of the world can hardly wait.

Until tomorrow,
Signature
Simon Black
Founder, SovereignMan.com

Simon Black – Greeks are standing in line with garbage bags at ATMs


Reblogged from FollowingWorldChange

iman-mysxizyznlvakvjsemphihgpojhdjvoa-v2

June 29, 2015
Singapore

It is somewhat amusing that the word ‘crisis’ originates from Ancient Greece.

It’s actually a medical term; Hippocrates wrote extensively about ‘crisis’ being the key turning point in disease progression– the time at which it either overcomes the patient, or it subsides.

And though the word ‘crisis’ is thrown about routinely these days, it’s safe to say that Greece is now truly in crisis in the purest sense of the definition.

Same with the euro, for that matter.

A century from now when future historians write about our time, it’s highly likely they’ll conclude that the euro was the dumbest invention of this age.

And that will really be saying something because the competition is fierce: pet rocks. Acid-washed jeans. FATCA. Google Glass. Fox Business News. Obamacare.

But the euro deserves first prize in the ugly contest.

The idea was to take completely incompatible economies, pretend that they were all Germany, and put them under one monetary roof simply because they were on the same continent.

This is ridiculous, especially today. It’s 2015. Geography is an irrelevant anachronism.

Imagine jamming Argentina, Australia, Angola, and Azerbaijan into a currency union simply because they all start with the letter “A”. It’s just as pointless and arbitrary as geography.

And when one of them starts to collapse (probably Argentina), rather than admit their mistake and dissolve the whole stupid idea, the bureaucrats spend massive amounts of other people’s money fruitlessly trying to hold the project together.

This is what’s happened in Europe.

Every time they wrote a bailout check or extended another loan package to Greece, all the bureaucrats did was INCREASE their risk exposure.

It’s like running back into a burning building– literally the *exact opposite* of what any sensible person would do.

Eurocrats have spent untold billions of other people’s money to save face, just so they wouldn’t have to admit that Project “Make Everyone Germany” has failed.

But what they never acknowledged was that no matter how much they extend and pretend, the disease will always reach its crisis.

And this financial disease is going to slay the patient. History is very clear on this point: debt kills.

Greece long ago reached the point of no return where they were borrowing money just to pay interest. Now it’s time for brutal honesty: game over.

The best example of brutal honesty is across the pond in Puerto Rico– America’s Greece. The governor of Puerto Rico, Alejandro Garcia Padilla, did not mince words when he described the island’s prodigious debt:

“The debt is not payable. There is no other option. I would love to have an easier option. This is not politics, this is math.”

The lesson is pretty clear: a bad system will fail. Especially when that system is built on a mountain of debt and deceit.

It might take years, but it happens. Just look at Greece; it’s taken nearly six years from when it was first identified to reach today’s crisis.

The time in between can either be an opportunity or a curse.

For some, time is an opportunity to take action– to quietly take defensive steps like moving money abroad.

Greeks had the opportunity to do that long ago when the euro was strong and the capital controls didn’t exist.

But for most people, time is a reason to procrastinate. They think that because it didn’t collapse today, tomorrow will be just fine. So they stick their heads in the sand. Or somewhere else.

And now those people are standing in line at ATM machines across Greece with empty garbage bags trying to figure out how to survive against strict capital controls.

Don’t wait.

Until tomorrow,
Signature
Simon Black
Founder, SovereignMan.com

SGTreport – THE SILVER SQUEEZE: Comex is Losing Control


Published on Jun 25, 2015

Dave Kranzler from Investment Research Dynamics.com is back to discuss the treachery of the United States Congress and Senate who have betrayed the American people once again by approving the fast tracking of the TPP, which Dave says is the death nail for the American middle class.

We also cover the all-time high silver open interest on the Comex, the Cartel is piling on new paper shorts at record levels and Dave says, “This is potentially building to the mother of all short squeezes, and I think the fact that they keep piling on more and more naked short interest on the Comex tells us that they’re losing control of this.”

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

Music: “The Complex”
(http://www.incompetech.com) Licensed under Creative Commons “Attribution 3.0″ http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 – SGTreport.com channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 – SGTreport.com assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

SGTreport – THE GOLBAL ECONOMIC BOILING POINT — Brien Lundin


Happy Father’s Day Dads! Brien Lundin, owner of the 44-year old Gold Newsletter and owner & producer of the New Orleans Investment Conference joins us to discuss the increasingly dire global economic outlook, the future of gold and silver prices, the onslaught of inflation in the United States – and the probability of hyperinflation as the FED continues to debase the currency, the nearly all-time low in the HUI and the opportunities ahead, and much more.

Brien says, “The Federal debt cannot be managed without some significant degree of monetary debasement. Cheapening the Dollar so that the debt is paid off in Dollars that are worth LESS.”

[Ed. Note: see definition of “Worthless”]

“There’s absolutely no doubt, it’s a simple mathematical exercise, so people really need to be ready for that.”

Rep Alan Grayson questions Federal Reserve Inspector General on $9,000,000,000,000 MISSING From The Federal Reserve SHOCKING Response


NOte: This footage is from 2012, but considering the financial sh*t-storm looming on the horizon, INO it’s relevant to the laizze faire attitude’s within the nations financial institution that got us where we’re at today on the brink of global financial collapse.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Rep. Alan Grayson questions the FED inspector General where $9 TRillion dollars went… and Inspector General Elizabeth Coleman hasn’t a clue…Dunno whether to laugh or cry – I am still getting over the shock and have watched 4 times – LISTEN carefully to what she says – THEY HAVE NO JURISTRICTION to investigate the fed!!! Only their programs?? OK the world has been fooled long enough ENOUGH ENOUGH!!! Get the hell outa paper money people and if you buy gold and silver – get the real stuff not paper gold etc. This is pure evil!
I am not sure exactly when this took place – anyone have any idea when this was?

John Embry “Gold and Silver are the Cheapest Assets on the Planet” ~ Greg Hunter


How will gold and silver do in the next meltdown? John Embry, Senior Investment Strategist at Sprott Asset Management, contends, “I find stocks severely overvalued, and I find bonds more overvalued, and I would lump urban real estate into that category as well. So, traditional assets are extremely overvalued. To me, the two really undervalued assets are gold and silver. They are significantly undervalued and everybody hates them. . . . Embry goes on to charge, “I would say gold and silver are as cheap as they were when gold was $250 an ounce and silver was $5 per ounce. They are the cheapest assets on the planet.”

Join Greg Hunter as he goes One-on-One with financial expert John Embry.

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