State Your Piece

I recall vividly the events of this time, prior to a presidential election in 2008, where capital markets were rocked in alarming fashion.  Amid all the chaos, seemingly orchestrated, rang out the proclamations of a US Representative noting an electronic run on the banks questioning an attack of economic terrorism.

On this day, along with factual evidence of the wreckage of a collapse in value of bundled mortgages as a result of a crashing housing market, conspiracies abound on the causes on the actual influence which took the market from an aftershock downdraft of a bubble to something potentially far worse.

What had actually happened remains in question.  Did a series of mutually exclusive events occur in random as part of a what could be considered a perfect storm?  Was it infiltration from within, attempting to influence the election?

In recent months, former Treasury Secretary Hank Paulson recently confirmed what many has long speculated, which was there was orchestrated efforts to collapse our economic system, with only the level of teamwork remaining in question. Russia and China collaborated on potential plan to destroy the US dollar.

The hardest thing to explain is the glaringly evident which everybody had decided not to see – Ayn Rand.

Its the Euro theatre.

While our President is seemingly disengaged from the world (he is NOT), the world is on fire.  The middle east is in complete chaos, Israel is engaged in an offensive to preserve liberty for their people against HAMAS, a militant terrorist group and proxy militia of Iran, who just gets closer and closer to nuclear weapon everyday amidst all the distraction. Perhaps a reflection on the definition of the flexibility Obama described to Russian PM Medvedev would be appropriate.

Recently, Russia and China have been reported to have signed a historic gas pipeline mega deal, which could have severe economic ramifications on the US capital markets, perhaps phasing out the dollar.

After a tussle with Georgia a few years back, since the conclusion of the Olympics, Vladmir Putin and Russia have been flexing their muscles, engaging in invasive military strikes against their neighbors in the Ukraine.  With the west in a weakened position, seemingly by design, the opposition to the activities of Russia goes unabated, even in the aftermath of the shooting down of a commercial passenger airline. 

You may think China is watching all this with a bucket of buttered popcorn and a Coca Cola, but you would be wrong.

China has been reported to have increased and expanded naval drills in areas off the coast of Vietnam and the Philippines. China has been building its naval forces for years now, and has been found to have been lurking around America and our outposts around the world, inclusive of Taiwan and Japan.

China is pretending to be a diplomatic ally of the west even as it is actively engaging in trade pacts with Russia and subverting US military influence around its borders, and especially in regions it deems of vital national interest--Tyler Durden/Zero Hedge.

Kevin Freeman, in his book "Secret Weapon", examines the evidence linking rogue elements in Communist China, Russia, and Islamic finance to economic warfare against the United States.

Ominous warnings are everywhere, yielding appropriate concerns of The United States being on the precipice of an event, which could range from economic terrorism to the potential of another terrorist attack.  It is worth noting, the latter could well initiate the former.

From John Kerry and his meeting with the opponents of Israel to President Obama's inability or unwillingness to curtail the brazen encroachment of Russia, it seems clear our leadership is not going to be much help in deterring our enemies from attacking us in various forms.

In fact, it remains unclear which side these charlatans are actually on, as they're actions are not representative of our people.

While foreign affairs are screwing us rotten
Line morale has hit rock bottom
Dying embers stand forgotten
Talks of peace were being trodden
Stand or fall
State your peace tonight

Eyes on the Tentacles of Terrorism

The situation is fluid, but we conclude terrorists have attacked America in Boston. We will have plenty to say in the future, but for now, please keep our Bostonian friends, race competitors and their families in your prayers.

Contrary to the opinion of the Obama administration, we have been and remain in a global war on terror, both militarily and economically.  In times of a crisis, when attention is directed in appropriate fashion in a particular arena, our eye is temporarily taken off many other, and perhaps more important, issues 

Today may be such a day, as gold was in free fall as the markets closed sharply lower on Wall and Broad.

While we keep our Bostonian friends, race competitors and their families in our prayers, we must watch the other hand. There IS something to see here.

Kevin Freeman over at Secret Weapon has all the tentacles of the gold collapse covered, it is well worth your time to get up to speed over at his Global Economic Warfare site.

The economy is not doing better, and whether it is the Obama administration of Goldman Sachs informing you it has, they profit from delivering false information to you, so eliminate the noise.

Another strong piece describing the precarious situation can be found over at Zero Hedge.  As noted on this stellar website, gold volatility is signaling counter party risk again.  Is another bubble bursting?

Financial analysts are all over the place, and due to excessive market manipulation, guidelines from past history are out the window.

On top of this, we had what appeared to be a natural landslide the other day at Rio Tinto’s Kennecott mine in Utah which erased a large portion of Silver mining production for what may be years to come. Silver joined gold in tanking today.

 
Could these events possibly be related?  What does the immediate future hold?

I don't know what I am having for lunch on Tuesday, much less the direction of equity and precious metal trading in the capital markets, but I do know the market is being manipulated by the FED and that the economic fundamentals (yes, I know many companies are beating much lowered earnings expectations) are not good at all. 

I will point the labor force participation rate to hang my hat on. Caveat Emptor!

Dangerous People Indeed

Are you familiar with Nigel Farage?

Farage, flying against strong headwinds, has been a very vocal leader in opposition to the European Union as freedoms of the citizenry diminish due to incompetence of central planner and bankers.

Become acquainted with him in the following video of approximately three years ago as he lambastes in stunning fashion the EU Parliament for their incredible arrogance.



Farage absolutely nailed it in his address, calling out the technocrat elites who seek control over the masses and, as Farage appropriately put, are very dangerous people indeed. That was three years ago.

It won't, and has not, worked, as evidenced by the continuous bailouts of bankrupt countries which make up the EU, often referred to as the PIIGS.

Movement along bailout boulevard led to event this past weekend which should send shivers down the spine of not only investors in foreign markets and currencies, but the average citizens right here across the fruited plain.

The government of Cyprus, absolutely bankrupt and seeking contingency operations, attempted to make a move which many thought may be the catalyst to European collapse; the application of an mandatory tax on the countries bank depositors of a minimum of approximately 7%.

In many areas, such as the US government and our mainstream media, you were informed there was nothing of relevance to found by further investigating the tentacles of the story.  Nothing to see here, move along.

However, after the story blew up on social media Saturday, many alternative media outlets flexed their muscle and alerted the world to the evil ripple effect of the proposed action. 

At Market Ticker, the move is labeled "direct confiscation".  Zero Hedge  offered top notch analysis of The Rape of Cyprus. At Monty Pelerin's World, Cyprus and The Risk of Bank Runs is examined.  Over at The Burning Platform, the question is asked if theft of this nature already happening here?

Investors Business Daily notes a new low in arbitrary power grabs, and even leftist columnists are worried.  Kevin Freeman over at Global Economic Warfare has a great piece, noting government surveillance of our financial accounts.

Don't think for a moment if cannot happen here.  In fact, violations in the rule of law took place immediately into the Obama administration when contract law regarding the positions of bondholders was violated in the auto bailouts.  In my mind, they continued with the 3.8% investment tax we found in the Obamacare legislation when we got around to reading it.  One can argue the artificial intervention in interest rate levels is stealing investment returns from those, particularly the elderly, who hold investments in seeking returns in interest.

Then there was the sordid affair of malfeasance and theft over at MF Global, where Jon Corzine, former Democrat Governor of New Jersey and Goldman Sachs president, allegedly used funds in customer accounts to arbitrage on European currencies and lost big, causing MF to go bankrupt.  As of today, the depositors have not been made hole and Corzine is chasing skirts in the Hamptons.

Russia Today caught up with Farage for commentary on Cyprus and where we the EU stands on the boulevard to bankruptcy. Go:



The EU is destined for collapse, and as Farage noted back three years ago, we should all hope the market collapses before the citizens are robbed to pay off, as Freeman put it, the excessive debts of profligate governments.

Once the lynch pin is pulled, these governments, run by elites who lack respect for the rule of law, will stop at nothing to preserve their power.  This includes theft and robbing the citizenry of their freedom and independence, collective action in many a regard.

Time is precious for the United State to avoid similar economic issues given the immoral spending by our government.  However, we elected the wrong guy if fixing these issues was on the agenda. They are not, and truthfully, the actions of this administration point to nudging the masses to assist in crashing the system in the vision of Cloward and Piven.

With cheap money seeking the highest level of return, the stock market is artificially pumped significantly above standard levels of relative strength and at some point soon, the casino of choice will crash to the level where buyers and sellers are in legitimate competition finding an equilibrium point influenced in future movement by speculation.

Should a catastrophic event occur in the capital markets, the action of the confiscation of funds has already been established.  The United States would not be exempt from such action under similar duress.  Gold was confiscated under FDR, and the Obama administration has been investigating how they can gain access to the 401K accounts of the citizens.

In the aftermath of an event, action will be embarked upon by government "for the good of the people", which translate to your loss of freedom and assets for the preservation of power of the progressive elites and ruling class.

Shore up your investments promptly, avoiding Shore Bank, before you wake up one morning and find portions of them confiscated, prompting a global bank run.  That will conclude the greatest heist in history.

Technocratic Foul

Although an untold number of pundits and the mainstream media have echoed in song the European crisis is behind us, nothing could be further from the truth. Just yesterday, while three big French banks were being downgraded, a deal reached by the Greek Government and its private creditors has been rejected by Eurozone finance ministers. Today, IMF Managing Director Christine Lagarde called for a larger bailout fund for the European Central bank to work with to prohibit "disastrous implications for systemic stability.”

As distressing as it is that foreign markets have deteriorated to such levels, more troubling is the idea that all this has been orchestrated. Orchestrated to collapse monetary systems into a global structure, perhaps headed by the IMF.

Sound far fetched?

Romano Prodi, former Goldman Sachs consultant, creator of the Euro and former EU Commission President, offered the following comment in December of 2001.

"I am sure the Euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisis and new instruments will be created.”

Europe is in full financial crisis as we speak, and those in control of the purse strings make demands of member nations, which at best decreases their sovereignty. Nigel Farage has been calling out these folks for a few years now, and he was at it again last November.



Should a new economic system come to fruition and a new structure take over, it will be based on the collective, or Communism. Unfortunately, as the must read blog Zero Hedge reports, this may be beginning in Italy, who is on the verge of collapse. Glenn Beck has more:





Although the media is complicit in the events of the day, you likely do not come across the very strange stories taking place on a daily basis. Technocrats are running the show, but not only in Europe. In the form of Obama's cast of Czars, we have technocrats orchestrating policy here in America as we speak, led by Cass Sunstein.

For some examples, recall the shafting of the auto maker bond holders, and more recently, the investors left holding the bag at MF Global. Central to this is the Federal Reserve, who as First Principles Capital Management CEO Doug Dachille contends, has taken over the casino. In short, wealth is being transferred, without your consent.

Those in favor of globalization, and President Barack Obama has long been associated with these folks, are working hard to destabilize and collapse the economic system of America, Cloward and Piven style. Who with any sanity would manage increasing debt levels of north of 15 trillion? That more than defines unsustainable.

Kevin Freeman, CEO of the Freeman Global Investment Counsel and author of the new bestseller "Secret Weapon," recently spoke with Glenn Beck about his contention of how the 2008 crash came to pass. Please take time to listen to this compelling information:



Each of the players are still quite active, and Freeman points out we are in the midst of the third and final stage. The re-election of President Obama would allow him to escalate the collapse where a European style structure will be waiting to take over. Through his actions and grand thoughts of himself, it is obvious Obama would love to be Dictator in Chief. Even is he is defeated, the job of reversing the direction will be very tough, as players on both sides are participatory in this effort.

Should a major crisis occur, most will be longing for government assistance, assistance the government will be all to willing to give, free market capitalism will pay a heavy price. The price to paid is a monumental loss of individual liberty and freedom, something those preaching the collective, such as shared sacrifice, are aiming to restrict if not eliminate.

The salvation of the state is the watchfulness in its citizen, provided the citizen has the power granted by our Founding Fathers and the US Constitution. Don't let the technocrats take it away. Should it happen, no technocrats will call a technical foul. The game, the grand experiment, our Gift, will be over.