Lindsey Williams: "The New World Order Will Own Your Real Estate."

The Bank of Japan Joins the Money Printing Party With 10 Trillion more Yen!

If Ben Bernanke was hoping that he could demolish the US dollar with never-ending money-printing, he might need to rethink his plans.

Because he’s got competition.

The Bank of Japan joined the party, throwing another ¥10trn at the market. The move took analysts by surprise – they’d expected action next month instead.

Click here to read more from MoneyMorning

Must See Site! US Federal Budget Visualized - Your Tax Dollars at Work!

With The World's debt based monetary system we have reached a point where we need to discuss Trillions and Quadrillions. Thinking in Billions will just not cut it any longer. For most people there isn't much difference between $100 Million, $1 Billion or $1 Trillion. More and More debt and in return currency needs to be created to keep the system alive. Here is a great site that helps us see just how big the problems are.

Click Here To Start To Understand Just How Serious The World's Debt Problems Are!

Federal Tax Receipts Tumble As Outlays And Debt Soar!!

The US federal government spent $369 billion in August, but only received $179 billion in revenue. The resulting $190 billion deficit was a record for any August and the third highest monthly deficit in the current fiscal year, which ends on September 30th.
Click Here To Read More From FGMR.com

Lindsey Williams : The Dollar Died on Sept 6th While You Were Watching The Democratic Convention

Dollar no longer primary oil currency as China begins to sell oil using Yuan!

On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S. dollar since its inception as a currency. For the first time since the 1970's, when Henry Kissenger forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.

Lindsey Williams: "The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine."

Click here to read more at WWW.examiner.com

Fed to launch QE3 of $40 billion MBS each month!! Power Up The Printing Press!

By an 11-to-1 vote, the Federal Reserve on Thursday decided to launch a new program of open-ended bond purchases -- so-called QE3 -- saying it will buy $40 billion of agency mortgage-backed securities each month, starting Friday. It's also keeping in place so-called Operation Twist, which consists of swapping short-dated securities for longer-term securities, as well as reinvesting the proceeds of maturing securities, so the central bank will be adding $85 billion of long-term securities each month through the end of the year. The Fed also extended its pledge to keep interest rates exceptionally low -- Fed funds rates are currently targeted at a rate between 0% and 0.25% -- from late 2014 to "at least through mid-2015."

Click here to read more from MarketWatch.com

China, Germany plan to settle more trade in yuan, euros!

Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday.

Click here to read more at Reuters.com

PBOC Advisor Recommends China Add Silver To Official Reserves

A prominent PBOC Advisor has stated that US Treasuries are not safe in the medium to long term, and has recommended China increase it’s gold reserves as well as add silver to it’s official reserves.

If confirmed, this is a potential game changer for silver that is so monumental it could literally blast silver from the upper $20′s through it’s all-time nominal high near $50 and closer to 3 figure range OVERNIGHT.

Click here to read more at SilverDoctors.Com

Eric Sprott Talks About A Shortage Of Physical Gold!

“When I reflect back over the decade, I think I can come almost come up with 2,500 tons of net change in physical demand, in a 4,000 ton market on the supply side, which hasn’t changed in that 12 years, that was in balance 12 years ago.  How do these ETF’s get to buy gold?  How do these central banks go from sellers to buyers?”

"There’s a shortage of physical gold already (that’s available for sale at these levels)." 


Click Here To Read More From KingWorldNews.Com

2 Billionaire Investors (Soros & Paulson) Move Back Into Gold In A Big Way!!

Hedge-fund manager George Soros nearly tripled his stake in the most popular U.S. gold fund during the second quarter. Soros Fund Management held 884,400 shares of the SPDR Gold Trust (GLD) as of June 30, up from 319,550 on March 31.

John Paulson, the hedge-fund manager who is the single biggest reported holder of the SPDR Gold Trust, also revealed more GLD. Paulson & Co.’s holdings rose to 21.8 million shares as of the end of June, versus 17.3 million in the previous reporting period.

Click Here To Read More At Barrons.com

The CFTC Silver Investigation

By Theodore Butler:

There has been an explosion of interest and commentary these past few days as a

 result of a front page story in Monday’s edition of the influential Financial Times 

(of London). The story stated that the CFTC was set to drop its four year 

investigation into alleged silver price manipulation due to insufficient evidence to 

bring charges, according to three unnamed sources. I went to sleep Sunday evening 

when the story first appeared prepared to wake up to similar and confirming

 stories in other publications. Instead, there were no other stories confirming the 

case was set to be dropped; only strong statements that the FT was story was 

“premature” and “inaccurate in many respects” by a named source, Commissioner 

Bart Chilton of the agency.


Continue reading here at Silverseek.com

S.Korea central bank says it bought 16 tonnes of gold in July

SEOUL, Aug 2 (Reuters) - South Korea's central bank said on Thursday that it bought 16 tonnes of gold inJuly as easing financial markets after a turbulent 

June allowed it to push ahead with efforts to 

diversify its massive foreign exchange reserves.
    It put the total value of the purchase, which 

was made on multiple occasions during July and 

boosted its gold holdings to 70.4 tonnes, at 

$810 million, slightly less than $850 million it
spent buying 15 tonnes of gold in November of last year

Click Here To Read More At Reuters.com

Hong Kong's largest bullion vault reflects increased demand for gold in Asia

SINGAPORE: Hong Kong's largest gold-storage facility, which can hold about 22% of the bullion now in Fort Knox in the US, will open in September to meet rising demand from banks and the wealthy, according to owner Malca-Amit Global.

The facility, located on the ground floor of a building within the international airport compound , has capacity for 1,000 tonne, said Joshua Rotbart, general manager for the Hong Kong based company's Malca-Amit Precious Metals unit.

Read more here at TheEconomicTimes.Com

The Matrix Of Power By Hugo Salinas Price (Multi-Billionaire From Mexico)

It is suspicious that all knowledge relating to real money and Austrian economics is carefully excluded, all over the world, from consideration in Academia, from the deliberations of Legislative bodies, from the pages of journals, from the TV screen and from the productions of the film industry. It appears that humanity is being subjected to a planned operation to erase from all human consciousness the memory of real money and of the economic principles that lead to prosperity. Of course the Élite know full well that “gold is money, all else is credit”: J. P. Morgan himself said so.


Read The Entire Article Here At Plata.com.mx

Ron Paul's ‘Audit the Fed' bill passes the House

At long last, Ron Paul has his day.

The House of Representatives on Wednesday overwhelmingly approved the Texas Republican's bill to increase the transparency of the Federal Reserve. With bipartisan support, the measure passed 327-98.

For Paul, the path to getting his bill approved in the House has been a long, and often lonely one. He first introduced the bill to a skeptical House a decade ago. While his efforts were ignored at the time, the call to audit the Fed" has gained support from mainstream Republicans and Democrats.

Click Here To Read From ABCNEWS.COM

"It's Time To Audit The Fed" -Dennis Kucinich

Kucinich Shouts For An Audit of the FED!!! Dennis Kucinich of Ohio gave a speech in favor of Auditing the Federal Reserve.

David Stockman: "We're At The Fiscal Endgame"

To those on the hill and elsewhere who suggest this growing 'fiscal cliff' and 'debt ceiling' crisis will all get solved, former Office of Management and Budget (OMB) Director David Stockman tells Bloomberg TV that "they will punt, punt, punt and kick the can with partial solutions driven by eleventh hour crisis-based extensions that will go on for the whole of the next term!" When asked whether this economy will be mired in the doldrums, he rather ominously states "it will be worse, because we will be in recession" and notes that when the lame ducks re-look at the budget numbers with a realistic recession.

French Bonds With Negative Interest Rate For The First Time Ever!

PARIS — France enjoyed a boost in investor confidence with a successful bond auction Monday — but also got a warning from the president that growth so far this year is “nil” and that the country needs to rethink its social model.

France’s government sold €6 billlion in short-term bonds at negative interest rates Monday, as investors flock to the perceived safety of Europe’s larger economies. It was the first time rates entered negative territory, according to the French Treasury.

Click here to read more from Washingtonpost.com

Denmark Goes With Negative Interest Rates For The First Time Ever!!!!

Denmark's central bank cut interest rates by a quarter point on Thursday, mirroring the European Central Bank's action earlier in the day, putting one of its secondary rates below zero for the first time in history.

Yields on some short-end Danish government bonds had already turned negative earlier, as investors fearful of turmoil in the euro zone have piled into non-euro assets, including Danish bonds, and are were willing to pay to shelter their money.

Click Here To Read More At Reuters.com

Eris Sprott Interview On King World News July 1st, 2012

People should, rightly, have fear of having their money in paper instruments, whether it’s in a bank account or a bond.  If they had any sense they would be buying (physical) gold and/or silver.  That’s the only way to maintain your purchasing power. 




Click here to Listen To The Interview On King World News

Russia, Turkey raise Gold reserves sharply!

LONDON(BullionStreet): Russia's gold reserves hit 911.3 tons at the end of May after the world's largest nation increased it's gold holdings by another 15.5 metric tons.

Gold accounts for about 9.1 percent of Russia's total reserves.

According to latest IMF data, a string of countries increased gold bullion reserves this year.

Turkey raised its reported gold holdings by another 2% in the month of May. Turkey's gold holding rose by 5.7 tonnes in May to total 245 tonnes.

Click Here Tor Read More At BullionStreet.Com

Ron Paul's 'Audit The Fed' Bill Is Back, And This Time It Might Really Be Going Somewhere!

After more than three decades of tilting at windmills, Ron Paul is finally gaining support for his beloved Audit The Fed bill. 

The bill, H.R. 459, passed the House Oversight Committee this morning on a voice vote, with no vocal opposition. House Republican leaders have said that they plan on addressing the legislation on the floor sometime next month. 

Read More Here @ BusinessInsider.Com

Gloomy UK central bank sees outlook darken!!

Britain's economic outlook has worsened markedly in the space of just six weeks due to the deepening euro zone crisis and signs that a global slowdown is taking root in the United States and emerging markets, the Bank of England said on Tuesday.


Click Here To Read More From Reuters.Com

New FDIC Regulations May Create Massive Increase in Gold Demand!

Federal Deposit Insurance Corporation regulators released a “rulemaking notice” of proposed changes to capital requirements for banks under their supervision. While this sounds like a relatively obscure move, which has drawn almost zero media attention, it could be the single largest event affecting gold demand since central banks became net purchasers in 2010.


Click Here To Read More At IBTimes.Com


Below Is The Link To The Letter From The FDIC To The Commercial And Savings Banks. Type in "Gold" in the search at the top of the PDF file snf look for where they address gold.


http://www.fdic.gov/news/news/financial/2012/fil12027.pdf


A. Zero Percent Risk-Weighted Items
The following exposures would receive a zero percent risk weight under the
proposal:
 Cash;
 Gold bullion;
 Direct and unconditional claims on the U.S. government, its central bank,
or a U.S. government agency;
 Exposures unconditionally guaranteed by the U.S. government, its central
bank, or a U.S. government agency;

China's Central Bank Willing To Share $3 Trillion With Other BRICS Nations

Brazil, Russia, India and China, the BRIC countries, are back to talking about creating a unified financial system where they can avoid euro and dollar volatility.  This time, a pooling of Central Bank dollars from the countries in case liquidity dried up as the world tracks the West’s crisis momentum.

Click Here To Read More At Forbes.Com

Fed Members Gave Their Own Banks $4 Trillion In Secret Bailouts

Details of a GAO audit of the Federal Reserve’s eye-popping secret $16 trillion-dollar bailout reveals that Federal Reserve board members gave their own banks $4 trillion.

Fed Board Members Gave Their Own Banks 4 Trillion dollars

Last Year Senator Bernie Sanders reported a long overdue audit of the Federal Reserve revealed an eye-popping $16 trillion in secret loans to bailout out Wall Street banks.

Bernie Sanders has now reporting that 18 Federal Reserve Board Members gave their own banks $4 trillion of these secret bailouts in the form of loans with nearly zero interest.

Firm	Bailout amount
Citigroup	$2.5 Trillion
Goldman Sachs	$814 Billion
JP Morgan	$391 Billion
Lehman Brothers	$183 Billion
State Street Corporation	$42 Billion
KeyCorp	$40 Billion
Marshall & Ilsley	$21 Billion
Citibank	$21 Billion
General Electric (GE)	$16 Billion
Sun Trust	$7.5 Billion
PNC	$6.5 Billion
Texas Capital Bank	$2.3 Billion
Webster Bank	$2.2 Billion
Popular Inc	$1.2 Billion
Wilmington Trust	$550 Million
LegacyTexas	$5 Million

Here’s the text of the PDF summary released by Senator Sanders highlighting the culprits identified in the GAO audit on the Federal Reserve’s conflicts of interest.

Jamie Dimon Is Not Alone

During the financial crisis, at least 18 former and current directors from Federal Reserve Banks worked in banks and corporations that collectively received over $4 trillion in low-interest loans from the Federal Reserve.

U.S. Senator Bernard Sanders (I-Vt.) Washington, D.C. June 12, 2012

1. Jamie Dimon, the Chairman and CEO of JP Morgan Chase, has served on the Board of Directors at the Federal Reserve Bank of New York since 2007. During the financial crisis, the Fed provided JP Morgan Chase with $391 billion in total financial assistance. JP Morgan Chase was also used by the Fed as a clearinghouse for the Fed’s emergency lending programs.

In March of 2008, the Fed provided JP Morgan Chase with $29 billion in financing to acquire Bear Stearns. During the financial crisis, the Fed provided JP Morgan Chase with an 18-month exemption from risk-based leverage and capital requirements. The Fed also agreed to take risky mortgage-related assets off of Bear Stearns balance sheet before JP Morgan Chase acquired this troubled investment bank.

2. Jeffrey Immelt, the CEO of General Electric, served on the New York Fed’s Board of Directors from 2006-2011. General Electric received $16 billion in low- interest financing from the Federal Reserve’s Commercial Paper Funding Facility during this time period.

3. Stephen Friedman. In 2008, the New York Fed approved an application from Goldman Sachs to become a bank holding company giving it access to cheap Fed loans. During the same period, Friedman, who was chairman of the New York Fed at the time, sat on the Goldman Sachs board of directors and owned Goldman stock, something the Fed’s rules prohibited. He received a waiver in late 2008 that was not made public. After Friedman received the waiver, he continued to purchase stock in Goldman from November 2008 through January of 2009 unbeknownst to the Fed, according to the GAO. During the financial crisis, Goldman Sachs received $814 billion in total financial assistance from the Fed.

4. Sanford Weill, the former CEO of Citigroup, served on the Fed’s Board of Directors in New York in 2006. During the financial crisis, Citigroup received over $2.5 trillion in total financial assistance from the Fed.

5. Richard Fuld, Jr, the former CEO of Lehman Brothers, served on the Fed’s Board of Directors in New York from 2006 to 2008. During the financial crisis, the Fed provided $183 billion in total financial assistance to Lehman before it collapsed.

6. James M. Wells, the Chairman and CEO of SunTrust Banks, has served on the Board of Directors at the Federal Reserve Bank in Atlanta since 2008. During the financial crisis, SunTrust received$7.5 billion in total financial assistance from the Fed.

7. Richard Carrion, the head of Popular Inc. in Puerto Rico, has served on the Board of Directors of the Federal Reserve Bank of New York since 2008. Popular received $1.2 billion in total financing from the Fed’s Term Auction Facility during the financial crisis.

8. James Smith, the Chairman and CEO of Webster Bank, served on the Federal Reserve’s Board of Directors in Boston from 2008-2010. Webster Bank received $550 million in total financing from the Federal Reserve’s Term Auction Facility during the financial crisis.

9. Ted Cecala, the former Chairman and CEO of Wilmington Trust, served on the Fed’s Board of Directors in Philadelphia from 2008-2010. Wilmington Trust received $3.2 billion in total financial assistance from the Federal Reserve during the financial crisis.

10. Robert Jones, the President and CEO of Old National Bancorp, has served on the Fed’s Board of Directors in St. Louis since 2008. Old National Bancorp received a total of $550 millionin low-interest loans from the Federal Reserve’s Term Auction Facility during the financial crisis.

11. James Rohr, the Chairman and CEO of PNC Financial Services Group, served on the Fed’s Board of Directors in Cleveland from 2008-2010. PNC received $6.5 billion in low-interest loans from the Federal Reserve during the financial crisis.

12. George Fisk, the CEO of LegacyTexas Group, was a director at the Dallas Federal Reserve in 2009. During the financial crisis, his firm received a $5 million low-interest loan from the Federal Reserve’s Term Auction Facility.

13. Dennis Kuester, the former CEO of Marshall & Ilsley, served as a board director on the Chicago Federal Reserve from 2007-2008. During the financial crisis, his bank received over $21 billionin low-interest loans from the Fed.

14. George Jones, Jr., the CEO of Texas Capital Bank, has served as a board director at the Dallas Federal Reserve since 2009. During the financial crisis, his bank received $2.3 billion in total financing from the Fed’s Term Auction Facility.

15. Douglas Morrison, was the Chief Financial Officer at CitiBankin Sioux Falls, South Dakota, while he served as a board director at the Minneapolis Federal Reserve Bank in 2006. During the financial crisis, CitiBank in Sioux Falls, South Dakota received over$21 billion in total financing from the Federal Reserve.

16. L. Phillip Humann, the former CEO of SunTrust Banks, served on the Board of Directors at the Federal Reserve Bank in Atlanta from 2006-2008. During the financial crisis, SunTrust received$7.5 billion in total financial assistance from the Fed.

17. Henry Meyer, III, the former CEO of KeyCorp, served on the Board of Directors at the Federal Reserve Bank in Cleveland from 2006-2007. During the financial crisis, KeyBank (owned by KeyCorp) received over $40 billion in total financing from the Federal Reserve.

18. Ronald Logue, the former CEO of State Street Corporation, served as a board member of the Boston Federal Reserve Bank from 2006-2007. During the financial crisis, State Street Corporation received a total of $42 billion in financing from the Federal Reserve.

Source: Jamie Dimon Is Not Alone (Senator Bernie Sanders) (pdf)

China Overtakes India as Top Gold Consumer In The World

China overtook India as the world's top consumer of gold in the first quarter, the World Gold Council said, cementing expectations that China will be the dominant buying force in the gold market in 2012.

Indian gold demand dropped 19% in the first three months from a year earlier, to 207.6 metric tons, rattled by strikes following the announcement of new taxes on the gold trade and weakness in the Indian rupee that made dollar-denominated gold more expensive for Indian buyers.

In contrast Chinese gold demand rose 7% in the same period, to 255.2 tons, according to the WGC.

Read More Here From The Wall Street Journal

China Purchases A Record 100 Tons Of Gold In April 2012 From Hong Kong

In the first four months of 2012 Chinese purchases have increased by an unprecedented 782% over 2011.

. In the first four months, imports were 239,174 kilograms from 27,114 kilograms a year earlier, according to Bloomberg calculations. 


Click Here To Read More From ZeroHedge.Com

Bob Chapman, Friend of Liberty, Dead of Cancer

It is with sadness that I share the news that Bob Chapman has lost his battle with pancreatic cancer. Bob passed away yesterday June4th, 2012

Read more here at SGT Report