April 20, 2016 3:41 pm est
Last week was a historical week – But what it was about and what happens from here is still a mystery… But I can tell you this, SOMETHING BIG is going on behind the curtain and as always, you and I will not know what it is until it’s too late – Still under-prepared?
Just look at these top 3 headlines and tell me that everything is OK…
What in the World is Going on with Banks this Week? Emergency meetings, banker summits, crashing European banks, and the worst bank reports since the Great Recession – Just about every major banker and finance minister in the world is meeting in Washington, DC, this week, following two rushed, secretive meetings of the Federal Reserve and another instantaneous and rare meeting between the Fed Chair and the president of the United States. These and other emergency bank meetings around the world cause one to wonder what is going down. Let’s start with a bullet list of the week’s big-bank events…
Also read: Day After Obama Meeting, Yellen Confirms Fed “Focused On Main Street… Helping All Americans”
Now you know it’s a sham! Helping Americans? The only thing I can think of is that behind the curtain, the system is falling apart fast and they are discussing how to handle it and what to tell us about it – If they really wanted to help, then tell us before it happens so we can all prepare.
Deutsche Bank Admits It Rigged Gold Prices, Agrees To Expose Other Manipulators – Earlier last week the stunning news that DB has decided to “turn” against the precious metals manipulation cartel by first settling a long-running silver price fixing lawsuit which in addition to “valuable monetary consideration” said it would expose the other banks’ rigging having also “agreed to provide cooperation to plaintiffs, including the production of instant messages, and other electronic communications, as part of the settlement”.
We said “since this is just one of many lawsuits filed over the past two years in Manhattan federal court in which investors accused banks of conspiring to rig rates or prices in financial and commodities markets, we expect that now that DB has “turned” that much more curious information about precious metals rigging will emerge, and will confirm what the “bugs” had said all along: that the precious metals market has been rigged all along.”
MUST SEE: Deutsche Bank Silver Settlement: GATA Vindicated – After what seems like a lifetime of serial denial by the MSM, of total head-turning by regulators, of behind-the-back snickering by financial commentators, and of in-your-face continued manipulation by the bullion bank behemoths, Reuters has finally reported an event that might—repeat—MIGHT be a game changer for those involved in silver trading and investments. At 7:09 last evening, it was reported that “Deutsche Bank to settle U.S. silver price fixing litigation,” which is a staggering admission of that very criminality of which I have been ranting, writing and opining for years now.
However, from a trading perspective, the DB settlement is going to, at the margin, relieve the pressure that has been exerted on silver prices for at least since April 2014. It also serves to cement my thoughts that the Gold-to-Silver Ratio (“GTSR”), currently at 76:1, is headed to 50:1 and silver remains a truly generational buying opportunity.
Is The CME Preparing For An Eventual Comex Default? – The CME curiously reported that it received notice from the Federal Reserve that it is authorized to open an account at the Fed which would “allow it to better safeguard cash deposited by its traders” CME/Fed Account.
This is event is notable for several reasons. First and foremost is the fact that the CME was designated as a “systematically important” financial institution as part of the Dodd-Frank “hoodwink the taxpayer” Act. If anyone can explain to me why a corrupted derivatives clearinghouse and trading exchange is “systematically important,” I will receive the explanation with an open mind.
To be quite frank, no bank is systematically important, especially the big banks which are continuously wrist-slapped for committing criminal acts of fraud and screwing the public.
IMPORTANT TO NOTE: What this should tell you is that you’re gut instincts were never wrong about buying silver as it went from $48, $38, $32, $26, $21, $18 and to the bottom of $13.60 this past December.
The data was never wrong and again, if it meant so much for these Banksters to manipulate it to scare you away from it – Then it damn sure must be good for us!
NOW WAKE UP to the fact that silver’s demand has continued to overwhelm the supply for a couple years now and at $16+ and moving higher, it’s still 30% below production costs! This is truly a once in a lifetime opportunity!!
If you take 5 or 10 minutes to call me, I will educate you on several ways to invest in silver and you choose which is right for you (and your particular goals) so you too can profit massively in the upcoming weeks, months and years!
Silver Surges Most In 6 Months As Hedgers Cover – Having been pressured lower after the ECB bounce, the precious metal jumped perfectly off its critical 200-day moving-average, nearing the highs of the year once again.
IMF Warns of Global Economy Heading for Another Crisis – The stronger dollar, increasing isolationism, political risks and disruptions in international trade indicate the global economy is moving in a potentially wrong direction, the International Monetary Fund (IMF) warned, suggesting a massive recession might be ahead.
U.S. Economy 2016: 3 Classic Recession Signals Are Flashing Red – Those that were hoping for an “economic renaissance” in the United States got some more bad news this week. It turns out that the U.S. economy is in significantly worse shape than the experts were projecting. Retail sales unexpectedly declined in March, total business sales have fallen again, and the inventory to sales ratio has hit the highest level since the last financial crisis.
When you add these three classic recession signals to the 19 troubling numbers about the U.S. economy that I wrote about last week, it paints a very disturbing picture. Virtually all of the signs that we would expect to pop up during the early chapters of a major economic crisis have now appeared, and yet most Americans still appear to be clueless about what is happening.
Central banks start hoarding gold to prepare for financial apocalypse – Gold has been on an impressive bullish run since the markets opened for trading this year. The uptrend in gold can be traced to the fear-induced buying frenzy arising from weakness in the global economic landscape.
The fact that equities have been operating in a choppy market in the year-to-date has also provided bullish tailwinds for gold. As you can see in the chart below, gold has been on a predominantly northbound ascent since the markets opened for trading this year.
Coming Financial Hurricane Will Be More Severe & Last Longer Than That Of 2008-09 – In a desperate attempt to stave off a day of financial reckoning during the 2008 financial crisis, global central banks began printing trillions of new currency units. The printing continues to this day – and it’s not just the Federal Reserve that’s printing – the Fed is just the leader of the pack. The U.S., Japan, Europe, China – all major central banks – are participating in the biggest increase in global monetary units in history.
The next few years are going to be quite catastrophic. Hundreds of millions of people will slip into poverty when the currency crisis destroys their savings. The good news? If you take the steps outlined in this book, you won’t be one of them.
And the WTF story of the week goes to…
Saudi King And Princes Blackmail The U.S. Government: What Happens Next – Saudi Arabia, owned by the Saud family, are telling the U.S. Government, they’ll wreck the U.S. economy, if a bill in the U.S. Congress that would remove the unique and exclusive immunity the royal owners of that country enjoy in the United States, against their being prosecuted for their having financed the 9/11attacks, passes in Congress, and becomes U.S. law.
As has been well documented even in sworn U.S. court testimony, and as even the pro-Saudi former U.S. Secretary of State Hillary Clinton acknowledged privately, “Donors in Saudi Arabia constitute the most significant source of funding to Sunni terrorist groups worldwide.” She didn’t name any of those “donors” names, but the former bagman for Osama bin Laden, who had personally collected all of the million-dollar+ donations (all in cash) to Al Qaeda, did, and he named all of the senior Saud princes and their major business-associates; and, he said, “without the money of the — of the Saudi you will have nothing.”
So, both before 9/11, and (according to Hillary Clinton) since, those were the people who were paying virtually all of the salaries of the 19 hijackers — even of the four who weren’t Saudi citizens. Here’s that part of the bagman’s testimony about how crucial those donations were:
Lastly, let me remind you – I am available to talk from 8am to 8pm 7 days a week. Give me a call and introduce yourself – Let me know what your particular goals are – If I can help you (which I’m certain I can) great! If not, that’s ok too. I’ve just never heard of anyone not gaining anything from free professional advice and guidence.