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Post by Entendance on Oct 28, 2023 5:15:00 GMT -5
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Post by Entendance on Oct 30, 2023 2:52:48 GMT -5
'...Adding to the culpability of JPMorgan’s Board of Directors is the simple fact that they have not fired Dimon, as either Chairman or CEO, despite the unprecedented crime spree that has taken place as he sat at the helm of the bank.'
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Post by Entendance on Nov 1, 2023 3:02:53 GMT -5
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Post by Entendance on Nov 3, 2023 3:04:24 GMT -5
'...The failure of all of these checks and balances have their roots in the corruption of campaign financing laws with unlimited money from corporations, hedge funds and Wall Street’s billionaires now grossly disfiguring every aspect of government by the people. This simply can’t end well. As we saw in 2008, markets eventually collapse under the weight of their own corruption, cratering the U.S. economy in the process.'
'...The entire G7 banking system is broken...'
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Post by Entendance on Nov 4, 2023 4:43:19 GMT -5
And remember, where you have a concentration of power in a few hands, all too frequently men with the mentality of gangsters get control.
THE ISSUE WHICH HAS SWEPT DOWN THE CENTURIES AND WHICH WILL HAVE TO BE FOUGHT SOONER OR LATER IS THE PEOPLE VERSUS THE BANKS. -John Dalberg Lord Acton
Bank of America alerted customers on Friday that their deposits may be delayed due to a problem impacting multiple banks. Customers at Bank of America, Chase, U.S. Bank, Trust and Wells Fargo have complained of issues on Friday morning. In a message to customers on Friday, Bank of America said “some deposits may be temporarily delayed.” The message said the deposits from Friday may be delayed due to an “issue impacting multiple financial institutions.” “Your accounts remain secure, and your balance will be updated as soon as the deposit is received,” the Bank of America message read. “You do not need to take any action.” Neither the Federal Reserve nor the U.S. Treasury Department were immediately available to comment. None of the banks provided a comment.
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Post by Entendance on Nov 8, 2023 2:07:50 GMT -5
Here we are 15 years after Lehman, 22 after Enron, 30+ after the S&L crisis. And it just keeps coming. The corruption is endemic.
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Post by Entendance on Nov 11, 2023 9:16:52 GMT -5
A downgrade in a country’s credit rating can indicate increased sovereign risk. Gold is considered a non-sovereign asset, meaning it is not directly impacted by the financial health of any single country.
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Post by Entendance on Nov 14, 2023 9:06:23 GMT -5
The Deposit Insurance Fund Has a Balance of $117 Billion to Protect Deposits at 4,622 Banks.
Bullion Star infographic dramatically illustrates gold price suppression by U.S.
As the world’s preeminent money, now and throughout history, gold is seen by governments and monetary authorities as strategically critical and often a matter of national security. Not least in the United States, where although the US government and US banks downplay gold, it is precisely because they are terrified of gold’s rise, that these entities are heavily involved in the gold market in a nefarious manner. This visually stunning new infographic from BullionStar puts the spotlight on the deep involvement of the US Government and Wall Street banks in the gold market, and their nefarious manipulation of precious metals prices, illustrating:
• The supposed size and location of the US Treasury Gold Reserves but the fact that the US Gold has not been properly audited in over 70 years. What is the US Treasury hiding?
• Five massive Wall Street banks dominant the gold market, trading gigantic trading volumes of COMEX gold futures in a giant paper trading game.
• The international gold price is set by paper gold trading in New York and London, and not by physical gold demand and supply, a flawed pricing that causes physical shortages and high premiums.
• Although Wall Street banks have been prosecuted for manipulating precious metals and their traders jailed, the same banks still continue to operate with impunity in the gold market.
• There is continual gold price suppression during New York (NY) trading hours, with returns during NY hours a fraction of returns outside NY hours. This is statistically impossible.
• A US Government group, the Plunge Protection Team (PPT), oversees interventions into markets. This PPT was infamously active in the US silver market during February 2021 where it oversaw a ‘tamp down’ of the silver price to prevent a financial system crisis.
• The US Government, Wall Street and the US mainstream media constantly work to prevent gold gaining in popularity. This is done to protect the US financial system and the reserve status of the US dollar.
• That this price manipulation can’t go on forever. When it fails, the gold price will again be determined by the forces of supply and demand for physical gold.
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Post by Entendance on Nov 16, 2023 1:28:10 GMT -5
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Post by Entendance on Nov 19, 2023 1:39:16 GMT -5
Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently. Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral. The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control. We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs. Interest costs are rising as the overall debt goes up. Then throw in this incredibly reckless military spending in the guise of foreign aid, and you get a society that has completely lost control. That’s where we are now. We are in the blowoff stage of a 70-year credit super-cycle. Those things do not end with a whimper, and they certainly do not end with a soft landing. They end with a bang, and the bang is going to be centered on the currency. People are going to look at this and say, ‘Do I really want to hold the currency or bonds of a country that is destroying its finances at this trajectory and this scale?’ The answer will be ‘No.’ At that point, it is game over for a deeply indebted economy. We are headed that way fast, and these wars are taking us that way even faster.”
If the Fed keeps raising interest rates, the economy tanks, but you protect the dollar. If you cut interest rates, you spike inflation even more, and the U.S. dollar tanks. Rubino says in the end, we get a “massive reset,” and the everything bubble explodes.
Rubino says the dollar is going to decline and, at some point, it starts to go into freefall in terms of buying power. Rubino explains, “If a currency starts to decline in a disorderly way, then you have a massive financial crisis on your hands. That is definitely where Japan is right now. The U.S. is headed that way fast. So, once we reach that point, there is no fix. Then it is only a matter of time that everybody realizes that there is no fix, and they just bail on the whole experiment, and that’s where we are headed.”
Rubino talks about plunging home prices, more trouble coming in the commercial real estate market and why you need gold and silver as core assets during a currency reset. There is much more in the 40-minute interview.
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Post by Entendance on Nov 20, 2023 17:02:53 GMT -5
What, indeed, would they not be willing to do, how many innocents would they not be willing to sacrifice, what hapless and gullible nations would they not be willing to seduce and plunder, given the heady opiates of power and money and winning, in their Faustian bargain with the rulers of darkness of this world?
And when they stand before the risen Christ, and He shows them the blood of His lambs, and His own holy wounds, will they say, 'It was nothing personal. We did what had to be done. Everyone was doing it. It was strictly business. -Jesse
'Elon Musk, an anti-free speech technocrat, has banned the phrase, "from the river to the sea" on X / Twitter. It's worth noting that the phrase merely means freedom for the Palestinian people. It is not a call for violence. It is, in fact, a call for human dignity for the Palestinian people who have been treated as prisoners since 1948, when Israelis showed up, stole their land, seized their homes, shot their fathers and displaced the women and children. See the full explanation here. Yet Israel commits routine violence against the Palestinian people on a daily basis, and Elon Musk doesn't ban calls for Israeli-led genocide against the Palestinians, notably. You can scream, "No cease fire!" all day long on Twitter and never be banned, even as women, children and elderly are being bombed to death in Israel's insane, genocidal campaign of bombing hospitals, refugee camps and residential buildings. I believe in freedom, liberty and abundance for all people, including Palestinians, Israelis, Africans, Americans, Hispanics, Asians, Native Americans and all the rest, too. I believe in universal liberty and peace, not just "selective" freedom for those in power. As such, I believe all people should be free, from all rivers to all seas, and all the land in between. Under the leadership of sociopathic Benjamin Netanyahu, Israel only believes in liberty and freedom for itself, but not for the people whose land Israel stole and now occupies as a colonizing, cruel regime. The atrocities currently being carried out against the Palestinian people in Gaza demonstrate a level of extreme cruelty that can only be accurately characterized as "crimes against humanity." Any individual who endorses these crimes is indicting themselves as an enemy of human freedom and an agent of pure evil...'
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Post by Entendance on Nov 22, 2023 4:49:10 GMT -5
Western policies of massive money printing are driving up inflation and food prices, according to the Russian president
'...The Wall Street Journal has yet to speak out on why Jamie Dimon is allowed to keep his job at the largest bank in the United States despite a rap sheet that rivals the Gambino crime family...'
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Post by Entendance on Nov 23, 2023 11:55:20 GMT -5
Alasdair Macleod: Central banks are always managing the crises they cause
'This article concludes that the current downturn in bond yields is part of a continuing market manipulation by central banks in order to restore confidence in the global economic outlook...
...You have to hand it to the authorities. While they are motivated against free markets and can’t stop interfering in our day-to-day affairs when the crisis which they themselves created finally hits markets and the economy, they prove adept at resolving it. That the fiat dollar has survived a repeated cycle of crises since the early 1970s is testament to the fact. Unbeknown to most of us, much of the time they work behind the scenes to neutralise threats to the financial and economic status quo...
...Since the 1970s when dollar credit was detached from gold’s value, the need for behind the scenes management of market expectations has increased. It commenced with unsuccessful attempts by the US Treasury to suppress the gold price by selling gold into the market. Anti-gold propaganda continued unsuccessfully until Chairman of the Fed Paul Volcker raised interest rates in the early 1980s sufficiently to turn the tide in favour of the dollar. That the Fed Funds rate had to be raised to over 19% indicated the failure of the 1970s anti-gold propaganda effort, but it paved the way towards its resolution. Today, those who understand that gold is money and all else is credit are a vanishingly small proportion of economists and investment professionals...
...For the central banks such as the Fed, there are two major problems looming...
...by tracing the histories and backgrounds to interventions designed to restore confidence in markets, this article shows that there is strong circumstantial evidence that the current decline in interest rates bears the hallmark of a degree of market manipulation. Consequently, the underlying problems remain. Government funding problems, the continuing downturn in the bank credit cycle, and the economic outlook apply not only to the US, but to all overindebted G7 governments. The conditions which have led to the general instability of credit values have not been addressed, so in time all the problems which might appear to be receding will return with renewed vengeance.'
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Post by Entendance on Nov 25, 2023 5:05:46 GMT -5
'The formidable Washington watchdog, Public Citizen, has trained its sights on JPMorgan Chase, Jamie Dimon’s house of serial frauds and felony counts that is allowed to also operate as the largest federally-insured bank in the United States. Public Citizen’s pursuit of JPMorgan Chase began in 2019 when its Energy Program Director, Tyson Slocum, began investigating a hodge podge of private equity shell companies using the name Infrastructure Investments Fund (IIF). At the time, IIF was in the process of buying El Paso Electric and Public Citizen smelled something rotten and started digging. Public Citizen concluded that JPMorgan Chase was controlling IIF. Public Citizen then filed a series of complaints in the matter with the Federal Energy Regulatory Commission (FERC)...'
War is war; greed is greed; hate is hate; murder is murder. And, as always, there will be consequences.
GATA Chairman Bill Murphy joins London metals trader Andrew Maguire and host Shane Morand on this week's edition of Kinesis Money's "Live from the Vault" program, discussing GATA's formation and work over the last quarter century. Murphy explains why he was censored long before "cancel culture," how the silver market is manipulated just as the gold market is, and the potential consequences of the manipulations and their failure...
'...Why is every central bank other than the Fed buying Gold?...'
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Post by Entendance on Dec 2, 2023 11:30:50 GMT -5
Our research has found that Barclays invests over £1billion in arms companies supplying Israel with weapons and military technology, used in its assault on Palestinians. This includes General Dynamics, which produces the gun systems that arm the F-16 and F-35 fighter jets being used to bombard the Gaza Strip. Barclays also invests in Elbit Systems, one of Israel’s largest arms companies, which produces 85% of UAV’s (drones) used by the Israeli army, as well as munitions, bombs, and artillery weapons used by the Israeli military. Take action now by writing to Barclays senior management below to demand the bank end all financial ties with companies supplying weapons and military technology to Israel which are used in its assault on Palestinians.
Starve the banksters,
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Post by Entendance on Dec 5, 2023 5:05:55 GMT -5
World is about to discover that the real risk-free asset is Gold Bullion Star gold market analyst Ronan Manly today examines the extreme volatility in the gold price since Friday and concludes that the official sector was involved, and for obvious reasons, among them "to paint the tape with such a hugely plummeting daily candle pattern that it would break the psychology of the market, at least in the near term."
Manly quotes an anonymous fund manager: "The reason they manage the U.S. dollar gold price is to make sure that the market doesn't know what risk-free is. And that's what's about to happen when gold breaks higher to new all-time highs. The veil will be lifted."
After 24 years of largely surreptitious official interventions against gold exposed by GATA and others, can this latest and most obvious intervention work for long? Is there any participant in the gold market who still thinks that the New York Fed's trading room and the Bank for International Settlements are mere "conspiracy theories"? Did any participant in the gold market ever really believe that? Were those who asserted as much ever anything less than shills for governments, central banks, and bullion banks?
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Post by Entendance on Dec 9, 2023 2:48:58 GMT -5
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Post by Entendance on Dec 12, 2023 3:24:09 GMT -5
Dear Friend of GATA and Gold: James Hanson, who recently retired as a financial analyst for the U.S. Federal Deposit Insurance Corp., has written an essay showing how U.S. regulators long have been striving to obscure the positions taken in gold derivatives by U.S. banks. Hanson writes: "Manufactured prices of commodities devoid of fair price discovery cause misallocations of resources and penalize industry, employees, investors, and taxpayers. Furthermore, condoning obfuscation of gold as commodity activity can result in disruptions of supply chains, such as the 'aluminum shuffle' or 'copper as bullion' classification by the Office of the Comptroller of the Currency to permit banks to escape position limits." The result is to make it nearly impossible for the world to see what the U.S. government and its agents are doing to undermine a currency competing with the U.S. dollar. Hanson's analysis is titled "Finding a Home for Paper Gold Again" and is posted in PDF format here
Dear Friend of GATA and Gold: Rosa Abrantes-Metz, managing director of international consulting firm BRG, discusses futures market manipulation with independent journalist David Lin, with an emphasis on the long-running manipulation of the gold market by major banks...
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Post by Entendance on Dec 16, 2023 22:19:54 GMT -5
'...If you were to ask a central banker what is the “job” of a central bank? The answer would invariably be “to maintain price stability and full employment.” But the actual GOAL of every central bank is only one thing: to issue their single product to the world.
What is the single product of every central bank? ➡️ Debt, PERIOD!And the more debt any given central bank can issue or is called on to issue, by for example a “government,” the STRONGER the central bank becomes. This very mechanism is the NUMBER ONE REASON BAR NONE why global debt, which now stands at a face value of $307 Trillion, (face value, not accounting for its associated derivatives which brings this number into the MULTIPLE quadrillions).
Every single so-called developed nation on Earth, none more so than the US, has become a slave to its central bank, which includes its citizens. It’s central banks which run the economy, the financial markets, and the financial system itself in its entirety.
Ever since the inception of central banking, these institutions have had a single objective, to one day “OWN IT ALL.” To be both the LENDER AND BUYER of last resort.
The set up right now is this.
Come 2024 central banks are planning to VASTLY increase their purchases of assets and massively inflate global debt...'
Hey Mr Wall Street on the Fiftieth floor, cant make the payments on your penthouse no more.
Jump you fuckers, jump you fuckers. Open up the window, check out the view, and jump you fuckers.
You cant take much of what you've been dishing out, It's your turn to get downsized, what's you're gona do now?
Jump you fuckers, jump you fuckers. Open up the window, check out the view, and jump you fuckers.
Hey Mr banker with your make believe books, the bottom line is closer than it looks.
Jump you fuckers, jump you fuckers. Open up the window, check out the view, and jump you fuckers.
You're good at stealing, and you're good at lying, Now let's see how good you are at flying.
Jump you fuckers, jump you fuckers. Open up the window, check out the view, and jump you fuckers.
'Could have had a real job, not blowing bubbles, there's one sure way for you to stay out of trouble.
Jump you fuckers, jump you fuckers. Open up the window, check out the view, and jump you fuckers.
Forget your lawyers, and your net worth, there's one sure way for you to come back to earth.
Jump you fuckers, jump you fuckers. Open up the window, check out the view, and jump you fuckers. -Gene Burnett
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Post by Entendance on Dec 19, 2023 4:02:58 GMT -5
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Post by Entendance on Dec 21, 2023 13:58:28 GMT -5
The leading 10 institutions were BNP Paribas with $22.19 billion, HSBC at $14.21 billion, Deutsche Bank providing $13.23 billion, Societe Generale with $12.4 billion, KfW at $11.29 billion, Barclays contributing $10.63 billion, Credit Agricole with $10.29 billion, Santander at $8.61 billion, ING Group providing $7.05 billion, and UniCredit with $6.66 billion.
Hundreds of European financial institutions contributed over $160 billion to build illegal Israeli settlements since 2020
⬇️
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Post by Entendance on Dec 23, 2023 6:52:31 GMT -5
The reality is➡️ Silver is the🪳bank killer...-Bix Weir ⬇️
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Post by Entendance on Dec 27, 2023 4:35:11 GMT -5
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Post by Entendance on Dec 29, 2023 4:36:00 GMT -5
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Post by Entendance on Dec 30, 2023 9:13:41 GMT -5
Central Banks Brought Inflation.
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Post by Entendance on Jan 3, 2024 1:46:01 GMT -5
With Gold knocking on all-time record price levels, is the "gold cartel" losing control? "[Let] me be honest with you, I mean silver and gold had a real good run of it. The bad guys, as I call the gold cartel, keep stopping it with the same commercial short position. Now, do I think it all can explode? Absolutely, there's every reason to go much much higher, but the bad guys have got to be defeated." Murphy defines the gold cartel as the central banks of various [Western[ governments, the Bank of International Settlements (BIS), and possibly JPMorgan -- especially in the silver market. They rig markets to make money. He continues: "Now, the good news for the precious metals market is (I think I've mentioned this before) is that gold, because of the buying by Asian central banks, is giving them fits – they're losing control or lost control of the gold market, which is very good news. Silver's in a whole different story because these Asian central banks are not in the silver markets that take on [JP]Morgan yet. And as far as the shares, look how horribly this year, is the fact these past years until recently. The gold/silver shares are the cheapest things you can ever imagine."
ALL Jeffrey Epstein Documents➡️here in full.
! '...Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair Jerome Powell gave his semiannual monetary policy report to the House Financial Services Committee and the Senate Banking Committee in June. During both appearances, Powell stated the same thing: 'The U.S. banking system is sound and resilient.' But according to a report last week from the federal agency whose mandate is to keep federal regulators apprised of the true condition of the U.S. banking system, it is actually ripe for another crisis and its condition is 'fragile and uncertain...'
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Post by Entendance on Jan 6, 2024 1:33:40 GMT -5
The selling of the Iraq War to the American public was an exploitation of mass gullibility. Current circumstances give little or no hope that the public response would be much different to the selling of some future untoward war. -Paul Pillar, Selling the Iraq War: Gullibility and Mass Hysteria, March 15, 2023
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Post by Entendance on Jan 8, 2024 12:24:42 GMT -5
↕️
'According to the complaint filed by lawyers for Jeffrey Epstein’s victims against the biggest bank in America, JPMorgan Chase, Epstein was running a “sex-themed cult.” According to a deposition of a JPMorgan banker, the only money-generating business that Epstein had was tending to his “network.” According to witness testimony, fulfilling the sexual fantasies of some men in Epstein’s “network,” was how he obtained six opulent homes and hundreds of millions of dollars in wealth... ...
...It’s all enough to make every American sick over what passes as “justice” in America today. But is it enough to make Americans pick up the phone and call their U.S. Senators and demand a thorough and independent investigation?' ⬇️
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Post by Entendance on Jan 11, 2024 3:42:19 GMT -5
The market loves to wallow in complacency. Who is like unto the Beast? Nemesis awaits. People blind themselves to the consequences of their actions, and are willing to commit awful deeds, without considering the price that will be paid. Try not to follow your favorite outrage performer into the abyss. - Jesse
'There’s only one thing more dangerous than the largest bank in the United States, JPMorgan Chase, being charged with (and admitting to) five criminal felony counts by the U.S. Department of Justice since 2014 and a host of other fraud charges by federal regulators. What is more dangerous is having government officials look the other way at this recidivist history of crime at the nation’s largest bank. In May, federal banking regulators allowed JPMorgan Chase to get even bigger, despite its unprecedented crime wave, by handing it the failed First Republic Bank in a sweetheart deal. Yesterday, we learned from online documents that the Comptroller of New York State has turned over a vast amount of the financial affairs of the fourth largest state in the country to this banking house of crime... '
When a society fails to restrain the worst behaviours of those who prey on others through the abuse of power or money, their example brings out the worst in a much larger subset of the population. This is why romantic notions about markets and societies without law and transparent regulation are so harmful. They turn the power of the markets and the laws over to the least scrupulous and self-controlled in a society. This is why any social system without checks and balances, without transparency and restraints, will eventually deteriorate into a dysfunctional system of self-interest and looting. - Jesse, Without Empathy or Remorse, 13 August 2016
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Post by Entendance on Jan 12, 2024 0:18:32 GMT -5
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