Category Archives: MONEY

DR WILLIAM MOUNT: The Dollar Hangs By A Thread

The Dollar is literally hanging on by a thread.

We all see the economic indicators – but what is really happening behind the scenes????

This weekend Washington DC will hold it’s annual Spring Meeting to discuss the fate of the dollar

Key Topics to be discussed include:

1) Cities are Where The Future Is Being Built:

IE:  How to move more people into the cities. By either destroying their farmland or over taxation.

2) 50 Years After: The SDR’s Role in the International Monetary System

IE: The death of the Dollar through the SDR.

3) Productivity In The Age Of Fewer, Older workers.

IE: Population Reduction.

Perhaps a little history:

First – all Central Banks – including the Russian and Chinese Central Banks are owned by the Rothchlds Banking System, which is supposed to be run by Deutsche Bank, which is owned by the Vatican Trust, a subsidiary of the Vatican.

So understand that all orders come form the Vatican.

In 1944 several key things happened – just as was planned way back, way, way back:

1) The Bretton Woods agreement was signed making the US Dollar the world’s Reserve Currency for settling international debt.

2)  The United Nations was created in San Francisco, along with the IMF and several dozen other agencies that control YOUR life without you ever even knowing they actually exist.

3) The plan was put forth for the dollar to die and the Chinese/Russian Gold Backed Dollars to replace the US Dollar.

4) Adolf Hitler was moved to Argentina

With the advent of Computers world wide – in 1969 the SDR was created to replace the US dollar as a form on international trade. At the time the SDR was equal to 0.888671 grams of gold – or one dollar.

Today the SDR is pegged to the dollar.

By the way – .888671 grams of gold is now worth $42.42. So this depegging the dollar has literally caused the collapse of the dollar.

This is why in 1977 when I brought home $10 an hour coffee was 25 cents and rent was $150/month.

In 1973  President Nixon was ordered by members of the CIA to violate the Bretton Woods Agreement and so he took the United States off the Gold Standard.

The SDR’s are used by the International SWIFT System to settle all trade through the use of the SDR.

Two weeks ago the Chinese CHIPS System was set in motion when the Russian Central Bank opened up a branch in Beijing, China to bypass the SWIFT System and the SDR altogether.

Ten years ago the dollar accounted for 40% of all trade.

Today the Dollar is at almost 15% of all trade.

The dollar is expected to go below 15% by 1 August and this will signal a huge change as almost all nations will dump the dollar as the “World Currency” and begin trading in the Gold Backed Yuan.

The key meetings of the IMF occur on:

1) 21-22 April to define what happens to create the collapse of the dollar

2) 13-15 October to define  (in Libra the Time Of Judgment) the actual fall of the dollar.

There are 5 things these Lucifarian NAZI Pigs did not count on when they planned this.

1) The Atomic Weapon

2) The Internet – so everyone would know.

3) NATO – Paid for by the US Dollar

4) The $7 Trillion Dollar a Year Secret Space Program paid for by the US Dollar

5) GOD – And HIS Plans.

We hope to have a real financial expert on the show on Monday – Charles who owns Noble Gold – to discuss the what happens at the meeting…

Please pray he has the time.Source: DR WILLIAM MOUNT: The Dollar Hangs By A Thread

US Restaurant Industry Suffers Worst Collapse Since 2009

What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that “Restaurant Sales and Traffic Tumble in February” and reported that same-store sales fell -3.7% in February, with traffic declining -5.0% . It did however leave a possibility that things may turn around as a result of the prompt disbursement of withheld tax refunds in the month, which it suggested may have adversely affected sales and traffic.

Alas, that did not happen, and restaurant struggles continued in March as sales and traffic again declined year-over-year: same-store sales were down 1.1% while traffic dropped 3.4%. March results were disappointing for an industry desperately trying to reverse performance trends; with sales now negative in 11 out of the last 12 months, the longest stretch since the financial crisis. There was a modest improvement sequentially, however, and while still negative, sales improved by 2.5% points compared to February as traffic rose marginally by 1.6%.

Explaining the sequential “improvement”, Victor Fernandez, executive director of insights and knowledge for TDn2K, said “March sales were expected to be somewhat better than February due in part to the catch-up of tax refunds that were initially delayed in February. In addition, the industry likely benefited from the shift in the Easter holiday, which fell in March in 2016. For the largest segments (quick service and casual dining), this holiday represents a potential loss of sales.”…

Source: US Restaurant Industry Suffers Worst Collapse Since 2009 | Gold and Precious Metals

Gold-Silver Divergence, Report 17 April, 2017 | Gold and Precious Metals

This was a holiday-shorted week, due to Good Friday, and we are posting this Monday evening due to today being a holiday in much of the world.

Gold and silver went up the dollar went down, +$33 and +$0.53 -64mg gold and -.05g silver. The prices of the metals in dollar terms are readily available, and the price of the dollar in terms of honest money can be easily calculated. The point of this Report is to look into the market to understand the fundamentals of supply and demand. This can’t necessarily tell you what the price will do tomorrow. However, it tells you where the price should be, if physical metal were to clear based on supply and demand.

Emigrate While You Still Can! Learn More…

Of course, two factors make this very interesting. One is that the speculators use leverage, and they can move the price around. At least for a while. The other is that the fundamentals change. There is no guarantee that the prices of the metals will reach the fundamental price of a given day. Think of the fundamentals as gravity, not the strongest force in the system but inexorable, tugging every day.

This week, the fundamentals of both metals moved, though not together. We will take a look at that below, but first, the price and ratio charts.

The Prices of Gold and Silver
The Prices of Gold and Silver

Next, this is a graph of the gold price measured in silver, otherwise known as the gold to silver ratio. It didn’t move much this week.

The Ratio of the Gold Price to the Silver Price
The Ratio of the Gold Price to the Silver Price

For each metal, we will look at a graph of the basis and cobasis overlaid with the price of the dollar in terms of the respective metal. It will make it easier to provide brief commentary. The dollar will be represented in green, the basis in blue and cobasis in red.

Here is the gold graph.

The Gold Basis and Cobasis and the Dollar Price
The Gold Basis and Cobasis and the Dollar Price

The scarcity (i.e. the cobasis, the red line) is in a gentle rising trend for about six months. This week, the cobasis was down slightly. Not a surprise given the (relatively) big price move of +$33. Nor does it appear to break the trend.

Our calculated fundamental price of gold is at $1,301, just above the market price.

Now let’s look at silver.

The Silver Basis and Cobasis and the Dollar Price
The Silver Basis and Cobasis and the Dollar Price

In silver, it’s much harder to say that there is an uptrend in the cobasis. Our indicator of scarcity is at the same level it was in October. Back then, the price of silver was $17.60 and on Thursday it was just about 90 cents higher.

The fundamental price back then was just under $15. Now it’s just under $16.50. This happens to be down about 40 cents this week.

With the fundamental of gold rising, and that of silver falling, it’s not surprising that the fundamental gold-silver ratio is up to a bit over 79.

 

Source: Gold-Silver Divergence, Report 17 April, 2017 | Gold and Precious Metals

Just How Overvalued Is The Market? Here Are 20 Metrics To Help You Decide | Zero Hedge

Despite the recent modest profit-taking in the S&P 500, the market – just shy of its all time high 2,400 level – remains in nosebleed valuation territory.

As Bank of America calculates, in March the S&P 500 forward P/E was little-changed amid a flat month for stocks, and at 17.5x continues to trade at its highest levels since 2002 (on a trailing basis P/E is at 19.6 and 29.0 based on the Shiller PE). This is almost one turn higher since we last performed a similar valuation exercise back in December.

Hardly a bargain, stocks remain stretched vs. history on the majority of metrics Bank of America tracks (Table 2) and as Savita Subramanian points out, the only way stocks still look cheap is relative to bonds. While BofA is quick to warn that today’s elevated valuations suggest longer-term caution on stocks, it reminds clients that “valuations typically matter little in the final stage of a bull market during which sentiment and positioning are the key drivers of returns.” This is also known as the so-called “just buy everything” cop out.

Stripping away BofA’s subjective commentary, to allow readers to decide for themselves whether stocks are massively overvalued and overbought, or perhaps cheap, here is a breakdown of the S&P 500 across a wide variety of valuation measures — 20 in total — to gauge whether US stocks look cheap vs. history.  What the analysis shows is that of 20 metrics, the S&P is overvalued based on 18 by as much as 85% (on a historical market cap to GDP basis) and up to 105% if looking at the S&P in WTI terms, and is cheap only according Price to Free Cash Flow (25.1x vs 28.4x) which however is a function of ultra low interest rates, and also based on a ratio of the S&P-to-Russell 2000 fwd PE multiples. A third metric which last December suggested stocks were “cheap“, namely trailing normalized PE (19.6x vs 19.0x average) flipped to “rich” in the past 5 months…

Source: Just How Overvalued Is The Market? Here Are 20 Metrics To Help You Decide | Zero Hedge

Khazarian mafia attempts to start World War 3 stopped in Syria and in North Korea – Weekly geo-political news and analysis Message from Benjamin Fulford

 

Posted by benjamin April 17, 2017

Now that Donald Trump showed his true colours as a Zionist (Khazarian mafia) sleeper agent, he is becoming increasingly isolated and is guilty of provable war crimes, Pentagon, CIA and other sources agree. “Trump is toast,” was how a CIA source described the situation.

Trump has been pushed by his Zionist handlers into trying to start World War 3 because these religious fanatics still think they are somehow going to start a war between “Gog” and “Magog,” kill 90% of humanity and enslave the rest. To this end Trump ordered an attack on a Syrian airbase where Russian personnel were stationed. That is also why Trump tried to start a war with nuclear armed North Korea last week.

The situation with North Korea was designed by the Zionists to provoke to ultra-macho antagonists, North Korea’s Kim Jong Un and Donald Trump, into a situation where neither man could back down without losing face. The North Koreans said they had a right to test missiles etc. any time they want, especially on the 105th anniversary of the birth of their country’s founding father Kim Il Sung. Trump said, “if you do that we will attack.”

So, a face saving solution was engineered with a missile that blew up immediately after launching. The North Koreans were able to claim they went ahead and did their test despite Trump’s threats. The Zionists were able to hint they sabotaged the test with unspecified secret weapons. The important point being that Zionist attempts to start World War 3 failed yet again and will continue to fail.

These provocations are just one sign there is something undeniably dysfunctional going on with the Trump presidency. A few weeks ago Trump was invoking President Andrew Jackson and hinting about nationalizing the Federal Reserve Board. Now he is saying FRB chief Janet Yellen can have another term in office. He also turned from provoking the Chinese and accusing them of being “currency manipulators” to brazenly sucking up to them and denying they manipulate their currency.

These flip flops may be connected to the arrival of yet another bankruptcy deadline for the United States Corporate Government, in this case the expected Bankruptcy of the US Corporation’s Puerto Rico subsidiary on May 1st. Despite efforts to paint this as a municipal bond type problem, this could trigger a domino effect that finally takes down Zionist central in Washington D.C.

https://www.yahoo.com/news/puerto-rico-seen-sliding-toward-bankruptcy-deadline-nears-070022952–sector.html

Sources close to the Japanese emperor say the arrival in Tokyo this week of P2 Freemason lodge and Vatican representive US Vice-President Mike Pence, as well as long term Rothschild agent and US Commerce Secretary Wilbur Ross was for the purpose of…

FULL REPORT WILL BE POSTED IN 3 DAYS

Source: Khazarian mafia attempts to start World War 3 stopped in Syria and in North Korea

The intel I am receiving from various trusted sources, FWIW, is that the Alliance is behind the latest precision military strikes and they do have a positive purpose.

It is important to remember that the majority of this administration is Alliance personnel. The Cabal is not in charge of what is happening. They may throw some curve balls in the mix but by no means are they running the show. Nor could the president start making autonomous decisions when it comes to the military.

The Cabal seems to have been behind the CW attack in Syria, and the Alliance had to swiftly respond to that one. The type of things that we are hearing from one or more of the sources behind this report would be consistent with how the Cabal would then want to spin it against the administration, as well as constantly stoking fears of WWIII.

They know that any exercising of force in the world, and particularly by the US military, makes people very upset and allows for constant rumors of a world war to be spread.

My own sources have emphatically stated the Alliance is taking out the final pockets of the Cabal’s proxy armies and /or funding sources in anticipation of major announcements and prosecutions.

If these things were not done first, ISIS or NK could be used to hurt or kill a lot of people, and throw the world into chaos.

In the metaphysical sense we are going through a “dark night of the soul” on a global scale at the moment. Many people, including those giving intel to Ben in this report, have a very bleak sense of what is going on.

Yet, it seems that everyone in the comments thus far is expressing skepticism.

I have worked with the same trusted sources for years now and we are still anticipating major, if not gigantic leaps towards positive events. Contrary to the idea of someone trying to start WWIII, this is much more about PREVENTING it once the really hardcore intel starts being revealed.

The Cabal cannot make strikes directly. They have to use proxy armies to do their bidding. Those armies are on their last legs and an operation just like we are seeing now MUST be done before any of the stuff we’ve been hoping for can happen.

Intuitive data through dreams has been remarkably accurate and consistent for the last 25 years. Bearing that in mind, three mornings ago I had a powerful dream where I was working beside the president and talking with him for at least 20 minutes. We were cleaning up the mess in a fancy, dark house, opening the drapes to let the light in, et cetera.

He confirmed the intel I had already received, as I have shared it here, in this dream.

I am hoping to write this all up very soon. I have been benevolently distracted by some huge developments for the positive in my own life lately.

David Wilcock

Let me be clear that the dream only came AFTER all of my sources had independently said the same thing, from very tangible avenues.

David

Jim Willie Golden Jackass Hat Trick Letter interview | TF Metals Report

Download Podcast (Right Click + ‘Save As’)

It’s a sort of tradition around here that whenever we have a three-day market holiday weekend, we try to check in with Jim Willie. And this time, we used our A2A webinar format so that subscribers of TFMR were able to ask their own questions in real time. It was great fun and I think you’ll find it all quite thought-provoking.

What topics did we discuss over this 97-minute call? Maybe a better question is…what topics did we not discuss? In this podcast you’ll here Jim pontificate on Trump, Syria, North Korea, gold, China, gold trade notes, silver, the mining shares, the Fed, debt jubilee, interest rates, the dollar, platinum and even his thoughts on Journey entering the Rock-and-Roll Hall of Fame.

So sit back, relax and enjoy. And have a great holiday weekend, too.

TF


Source: Jim Willie Golden Jackass Hat Trick Letter interview | TF Metals Report

(60) Trump Prepares The US For The Collapse Of The Central Banker’s System – Episode 1255a 

Published on 15 Apr 2017

Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn…

Gold Rush and End of Silver Price Manipulation via Clif High

Clif High tells FinanceAndLiberty his calculations are predicting a “gold rush” in the coming months. As for the silver market, High says a slippage of control will occur between now and May.

Clif High has a patent on computer-assisted reading technology which allows reading from computer screens at up to 2000 words per minute. Reaching into other areas of hidden potential within language use by humans, he has been developing a system of software internet agents (like search engines use) and other proprietary processing methods to predict future events.

Emigrate While You Still Can! Learn More…

The software project, begun in 1997, captures near-real-time changes in language patterns within internet discussions. Then, employing radical linguistic techniques of his own devising, he develops a model which anticipates future events with some seeming accuracy. The processing has, at its core, a method of assigning emotional values to complex content and time carry-values to predict changes in future behavior based on how people are using language now.

Since June 2001 when the work projected a major ‘tipping point’, that is a ‘life-changing event’ with aspects of ‘military and accident’ that would forever change the way we live to occur inside 90 days, the web bot project has continued to give archetype descriptors of future events such as the anthrax attack in Washington, the crash of American 587, the Columbia disaster, the Northeast Power outage, the Banda Aceh earthquake and most recently the flooding of the Red River. As a continuing project, reports are offered from the extracted archetype information at his web site, http://www.halfpasthuman.com.

Source: Gold Rush and End of Silver Price Manipulation via Clif High (Video) | Gold and Precious Metals

Dakota Access Pipeline to begin interstate oil delivery service May 14 — RT America

Crude oil could begin flowing through the controversial Dakota Access Pipeline next month, according to a filing pending with the Federal Energy Regulatory Commission.

On Thursday, Energy Transfer Crude Oil Company, LLC filed an oil tariff, which specifies details about the Dakota Access Pipeline. The company’s plan is to start interstate crude oil delivery on May 14, providing oil transportation from Patoka, Illinois, to Nederland, Texas.

Last year, protests erupted after Dallas-based Energy Transfer Partners began construction on the final segment of the $3.8 billion, 1,172-mile pipeline. The final segment required the company to lay piping under Lake Oahe, the main water source for the Standing Rock Sioux and Cheyenne River Tribes.

The two tribes filed multiple lawsuits against Energy Transfer Partners to stop construction of the pipeline, arguing the land belonged to them and that the pipeline would desecrate sacred burial grounds around Lake Oahe. Many also argued that an oil spill would poison the tribe’s primary water supply.

At its peak, thousands of protesters, known as “water protectors,” set up a camp outside the construction site. Protesters lived at the camp site for months where hundreds were arrested. Other protests also erupted across the nation, from Washington, DC to Los Angeles…

Source: Dakota Access Pipeline to begin interstate oil delivery service May 14 — RT America

Panic Begins to Grip the Market; Tech Stocks Experience Longest Losing Streak in 5 Years 

Image result for pictures of stock market panic

 

By Michael Synder

S&P 500 tech stocks have now fallen for 9 days in a row.  The last time tech stocks declined for so many days in a row was in 2012, and that was the only other time in history when we have seen such a long losing streak.  As I have stated before, the post-election “Trump rally” is officially done, and the market is starting to roll over as investors begin to realize that all of the buying momentum has completely evaporated.  Tech stocks tend to be particularly volatile, and so the fact that they are starting to lead the way down should definitely be alarming to many in the investing community.

Of course it isn’t just tech stocks that are falling.  The Dow was down another 59 points on Wednesday, and the S&P 500 has closed beneath its 50 day moving average for the very first time since the election.  For those that have been waiting for a key technical signal before getting out of the market, there is one for you.

The price of gold was up again, and that is definitely not surprising in this geopolitical environment.  The closer we get to war the higher gold and silver prices will go, and if we actually get into a major conflict we will see them blast into the stratosphere.

Another key indicator that I am watching very closely is the VIX.  On Wednesday it shot up above 16 for the very first time since the day after Trump’s election victory, and many believe that it could soon go much higher.  The following is an excerpt from a CNBC report

The VIX measures the size of the S&P 500’s expected moves over the next 30 days, and consequently tends to run just a bit hotter than volatility over the past 30 days. Yet one-month realized vola…

Source: Panic Begins to Grip the Market; Tech Stocks Experience Longest Losing Streak in 5 Years | Markets

04/07/2017 Friday – Jim Willie on The Strength in Silver and China’s Bitch (JP Morgan) – Ochelli.com

04/07/2017 Friday - Jim Wille on The Strength in Silver and China's Bitch (JP Morgan).

04/07/2017 Friday – Jim Willie on The Strength in Silver and China’s Bitch (JP Morgan).
GoldenJackass.com is where you can find Jim Willie who doesn’t give a damn about plastic Dollars, but does explain how a gold-backed currency basket of nations might leave the US the odd man out.

GoldenJackass.com Summary

(Get Your Hat Trick Newsletter Today)

topics covered include
– Syrian War with US-led hidden ISIS involvement in grand confusion
– falsified ISIS videos continue with guerrillas posing as rescue workers over fake victims
– risk to paper assets with favor to Gold & Silver investments
– the grand suppression of the Gold market since the Lehman event during the QE hyper monetary inflation episode
– the 5-fold rise in money supply since Lehman event as justification for 5-fold sudden rise in Gold price
– the stupid argument (propaganda) of not sufficient amount of Gold bullion to cover currencies as pure Keynesian rubbish
– the USFed rate hikes with ulterior motives but with risk to undermine the USDollar credibility
– the fear rises on the puffed up bloated bubbly USDollar currency market
– the sequence likely to occur on Gold RESET with trade payment, then bank reserves, then gold backed currencies
– the profound challenges for remedy to the gargantuan imbalances in the financial world
– the imbalances which should not continue since so difficult to remedy (straw dog heresy)
– the emerging dual universe of a USD-based West versus an RMB & Gold-based East

Source: 04/07/2017 Friday – Jim Willie on The Strength in Silver and China’s Bitch (JP Morgan) – Ochelli.com

DR WILLIAM MOUNT: Dollar To Loose World Reserve Currency Status

LAST MONDAY THE RUSSIANS OPENED A BRANCH OF THERE RUSSIAN NATIONAL BANK IN BEIJING, CHINA TO BYPASS THE DOLLAR AS A MAJOR TRADE INSTRUMENT.

THIS OPENING WAS PLANNED IN OCTOBER 1959

TODAY THE INTER TRADE DEPARTMENT – 100 ACRES SET ASIDE TO PROMOTE TRADE BETWEEN CHINA AND RUSSIA – IN ST PETERSBURG RUSSIA OPENED WITH THE “FRUCT” CONFERENCE IN ST PETERSBURG

THE TRADE PLATFORM HAS BEEN PLANNED, BUILT AND IS NOW IN FULL OPERATION COMPLETELY BYPASSING THE BANK OF INTERNATIONAL SETTLEMENTS.

THE WAR IN NORTH KOREA/SYRIA ARE DISTRACTIONS FOR THE HUGE ECONOMIC RESET ABOUT TO TAKE PLACE.

TODAY WE HAVE CHARLES FROM NOBLE GOLD TO EXPLAIN WHAT IS HAPPENING AND HOW YOU CAN PROTECT YOUR ASSETS…

Source: DR WILLIAM MOUNT: Dollar To Loose World Reserve Currency Status

Gold price soars to 5-mth high on geopolitical unrest — RT Business

Rising global tension around Syria and North Korea have pushed gold prices to their highest level since November as investors shift to safe haven assets.

Bullion rose 0.2 percent on Wednesday to $1,274 per troy ounce as of 9:40am GMT after earlier reaching its highest level since November 10 last year of $1,279.85.

“Gold has finally broken and closed above its 200-day moving average at $1,257.50, which now becomes a support. From a technical perspective, the way is now clear for a run at $1,300 and possibly higher,” said Jeffrey Halley, senior market analyst at OANDA.

“A serious escalation could see gold to the $1,380 to $1,400 area tout suite, but it would have to be really serious,” Halley told Bloomberg.

READ MORE: China claims discovery of its largest gold mine with $22 billion potential

Heightened tensions on the Korean peninsula and in the Middle East following US strikes on Syria have left investors nervous.

“When you put that mix together: Syria, Trump, North Korea, it’s a volatile thing,” said Jonathan Barratt, chief investment officer at Ayers Alliance Securities in Sydney. “It’s that uncertainty that people are concerned about.”

READ MORE:Trump: Xi will get better deal from US if China solves North Korean problem

On Tuesday, North Korean state media warned of a nuclear attack on the United States if provoked.

US President Trump said in a tweet that North Korea was “looking for trouble” and the United States would “solve the problem” with or without China’s help. The US has moved a naval battle group closer to North Korea over concerns it may conduct a nuclear or missile test.

Investors are also closely looking at US-Russia relations as US Secretary of State Rex Tillerson visits Moscow on Wednesday.

The upcoming French presidential election is also adding to worries about volatile global politics, according to analysts, adding a risk-off mood may continue to translate into gold gains.

Source: Gold price soars to 5-mth high on geopolitical unrest — RT Business

Economic Insider Reveals Secrets Privy Only to a Few: It’s About to Get Bumpy 

By Lisa Haven

The New World Order’s International Monetary Fund (IMF) is a powerful and manipulative globalist organization known for monitoring the financial health of more than 188 countries, establishing global money laws and providing “bail-out’s” to nations. They have a lot of power and are capable of accomplishing tasks of unprecedented proportions. They are an organization we need to keep a very close eye on.

In the video, I interview the CEO of Nobel Gold Investments, Charles Thorngren, and delve through the IMF’s and the globalist’s nasty plans. Charles reveals how the IMF is making their move to crash the dollar and send the American population into a whirlwind of panic! He further reveals how to survive their “chess game of life.”

Please, Please don’t miss this VITAL report…

 

Source: Economic Insider Reveals Secrets Privy Only to a Few: It’s About to Get Bumpy | Economics and Politics

Wells Fargo in trouble again – clawing back $75.3 million

WELLS  FARGO  CLAWING  BACK  $75.3  MILLION  MORE  FROM FORMER EXECUTIVES  IN  FAKE ACCOUNTS  SCANDAL!

Monday, 10-Apr-17
Nathan Bomey, and Kevin McCoy
USA TODAY

Wells Fargo said Monday it is clawing back $75.3 million in additional compensation from top former executives after an internal investigation of the bank’s unauthorized accounts scandal found that the ex-leaders acted too slowly to investigate allegations of “improper and unethical behavior” in retail sales practices reaching back more than a decade.

The clawbacks are among the highlights of a  report that said aggressive sales practices in the community banking division of Wells Fargo (WFC) for years distorted “culture and management performance” and “created pressure on employees to sell unwanted or unneeded products to customers and, in some cases, to open unauthorized accounts.”

Produced by independent board members of the bank along with outside legal investigator, the report blasted Wells Fargo executives for failing to properly investigate the activity, cultivating an atmosphere of unrealistic expectations and hiding information about the extent of the crisis that ultimately led to millions of dollars in fines, plus lawsuits and additional investigations.

Wells Fargo board Chairman Stephen Sanger also acknowledged in a Monday conference call with reporters that board members “could have pushed more forcefully to change leadership at the community bank.”  “I think we have taken full responsibility to ensure that changes were made to make sure this never happens again,” said Sanger.

Source: NESARA- REPUBLIC NOW – GALACTIC NEWS: Wells Fargo in trouble again – clawing back $75.3 million

Strange Moves In Gold, Federal Reserve Policy, And Fundamentals | Zero Hedge

Something odd happened late in the day in Wednesday’s trading session, which prompted a number of people to mail in comments or ask a question or two. Since we have discussed this issue previously, we decided this was a good opportunity to briefly elaborate on the topic again in these pages.

A strong ADP jobs report for March was released on Wednesday, and the gold price dutifully declined ahead of it already, while the stock market surged concurrently. Later in the day, the Fed minutes were published, and their tone was definitely seen as very “hawkish”, at least by today’s standards.

There was quite a bit of talk about rate hikes and  – gasp! – even about ending reinvestment of funds the Fed receives when debt securities in its QE portfolio mature. The merry pranksters also bemoaned the egregious bubble their own policies have given birth to.

According to Reuters:

Most Federal Reserve policymakers think the U.S. central bank should take steps to begin trimming its $4.5 trillion balance sheet this year as long as the economic data holds up, Fed meeting minutes showed.

The minutes also showed “some participants viewed equity prices as quite high relative to standard valuation measures.” [duh…]

(emphasis added)

Here is a 15 minute candle chart encompassing Wednesday’s intra-day moves in June gold futures:

June gold futures, 15 minute candles. After at first declining in anticipation of a strong ADP report and hawkish Fed minutes, gold rebounded when said minutes were released – and actually sounded even more hawkish than expected – click to enlarge.

Talk about “balance sheet normalization” – with the added twist that “most” committee members seemed to think it was an idea whose time had come – apparently was indeed a bit of a surprise to market participants, who probably (and quite reasonably) assumed it would never happen. Not surprisingly, they have already gotten over the “shock” as of Thursday’s trading, but in this case, their initial reaction actually made sense…

Source: Strange Moves In Gold, Federal Reserve Policy, And Fundamentals | Zero Hedge

Derivative Under Strain, Meltdown Ahead | Jim Willie 

Published on 7 Apr 2017

Jim Willie joins FinanceAndLiberty to reveal the danger created by interest rate swap derivatives. As foreigners accelerate their dumping of U.S. Treasury Bonds and the Fed moves interest rates slightly higher, the interest rate swap derivatives market is coming under strain. When word gets out about the strain in these derivatives, foreign dumping of U.S. debt and movement away from the dollar and towards gold will accelerate, Willie says.

Willie says China is getting ready to move to the “Gold Trade Note.” How will China move to a gold backed currency without killing their export market? Willie says China has to get a critical mass of support, say the entire Eurasian trade zone, to follow suit. If China can get this critical mass majority, then the rest of the world still trading with the U.S. dollar will be in the minority. That’s when U.S. dollar countries will face currency crises, Willie says.

First Ever Global Govt Crash Coming – Greg Hunter, Clif High Video

B4INREMOTE-aHR0cDovLzIuYnAuYmxvZ3Nwb3QuY29tLy1hZmlaNEk5ZDJqOC9VZHRncW84aUNnSS9BQUFBQUFBQUJwby9BRUdVSUt6LUZFTS9zMTYwMC9nbG9iYWxnb3Zlcm5tZW50LmpwZw==

By Greg Hunter’s USAWatchdog.com 

Internet data mining expert Clif High uses what he calls “predictive linguistics” to spot trends and make predictions for future events. In his latest in-depth report, High sees a “huge” calamity coming for humanity.  Clif High explains, “There is all kinds of data for money and lack of money and lack of funding and all kinds of emotions around this.  There are hints in the data that something huge is coming for August and September that is being exposed by the language now.  I think it’s a bond crash or not a bond crash because I don’t know how that works.  It’s not a stock market crash.  The data I am looking at now says the stock market is not meaningful.  We may lose 50 cents on every dollar in the stock market in just a few days, but it’s meaningless.  It won’t make any difference at all to anybody according to what the data is showing me because the real crisis is in the crash of government.”

High goes on to explain, “The emotions at the moment are projecting a crash of the ability of the state to function. . . . We have the projection that there is going to be some sort of big government crash. It concerns funding, interruption or something. . . . We have something akin to a definition change relative to bonds. . . . One way to think about this is there is going to be a human collective or re-understanding, or new understanding, about the whole bond market as we go forward in August, September and October.  This is going to cause huge disruptions for governments, which basically depends on the bonds as its source of funds.  I don’t know what that definition is going to mean, but the way the language is presenting itself, it’s very much like the same language that appeared in newspapers ahead of the Bretton Woods conference. . . . At that time, a bunch of countries got together around WWII and talked about how to deal with gold, money and the dollar after the war was over. . . . We have that same kind of language now relative to the bonds. . . .This redefinition is going to cause real problems relative to governments.  If I had to guess, I don’t think we will have a stock market crash, but a government crash or Fed crash or bank crash.  I don’t think a stock market crash will be meaningful because by the time it crashes, nobody will care because before we get there, the Fed will crash.  The Fed is the market.”

Maybe this is why Clif High is also seeing language that prices are going up for things like Bitcoin, gold and silver. Clif is seeing the term “gold fever” repeatedly.  He is also seeing the term “silver rush” for the white metal.  High contends, “The amount of pressure they have had to use to push down on gold and silver prices means when it starts to go up, there will be a bit of a flutter.  Then, they are going to push down harder, and then it’s just going to blow.  The language is suggesting that this is really happening around silver.”  High also says at some point in the not so distant future, prices will be rising so fast that “no one will be selling gold and silver.”

High says another thing he sees is chaos in politics and the economy, and he contends this is all part of the “first ever global government crash.”

Join Greg Hunter as he goes One-on-One with Clif High of HalfPastHuman.com.

(There is much more in the in-depth video interview.)

After the Interview:

You can find Clif High’s latest report, which is 42 pages long, on HalfPastHuman.com. Just go to the site and scroll down to the latest report which is called “Two Tribes.”  The report is only $15 and there is a 100%, no questions asked, money back guarantee.

 

 

(To Donate to USAWatchdog.com Click Here)

Source: First Ever Global Govt Crash Coming – Greg Hunter, Clif High Video | Economy

Russia And China Working On Gold Trading System, Gold Will Increase: Louis Cammarosano

Published on 8 Apr 2017

Today’s Guest: Louis Cammarosano

Syrian War – What The Elites Are Hiding

The most recent bout with this ongoing Syrian conflict was put forth to the world to hide something very serious.As you recall – a few days ago a fake Chemical Gas Attack on a town in Syria from an abandoned airfield…

via Syrian War – What The Elites Are Hiding — DR WILLIAM MOUNT

X22Report Economic Data Just Went From Bad To Worse, The Collapse Accelerates – Episode 1249a


Report date: 04.07.2017

More economic indicators are showing the economy is collapsing at an accelerated pace. The job numbers came in and the unemployment rate came down to 4.5% with less people getting jobs and more people losing jobs. The retail industry is a complete disaster, and many retailers are going bankrupt. There is nobody left to purchase treasuries, so the treasury is now the buyer. Traders are worried about volatility and they are purchasing insurance.

Source: X22Report Economic Data Just Went From Bad To Worse, The Collapse Accelerates – Episode 1249a | Politics

FULL ARTICLE Benjamin Fulford 4-3-17… “US and Japan are close to civil war as Rockefeller death leaves power vacuum”

Insider Predicts ‘Mega Event’ Heading for US Economy – Honeymoon Is Over

With all the division in our government, major spying revelations for political purposes, deadlock in the senate, government shutdown being threatened, and a Gdp imbalance between the federal reserve banks we turn to economic strategist Charles Thorngren who just penned a new blog post at Noble Gold Investments entitled, “Bonds, Yield Curves, Recession Oh My!” In it he presents a detailed map, which attempts to show us how to avoid a ‘mega event’, he’s predicting for the US economy… and he has a major announcement.

in·sid·er
inˈsīdər/
noun
a person within a group or organization, especially someone privy to information unavailable to others.

Source: Insider Predicts ‘Mega Event’ Heading for US Economy – Honeymoon Is Over (Video) | Prophecy

X22Report Fed Just Hinted That the Stock Market and the Economy Might Be on Shaky Ground – Episode 1247a


Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn…

Get economic collapse news throughout the day visit http://x22report.com
Report date: 04.05.2017

ADP employment surges to highest since 2014.

Services PMI and non-manufacturing ISM decline.

Texas signs bill that will allow gold and silver to be money.

The Fed hints that the stock market is a bubble and it going to have a major correction.

An economic historian is predicting that the central banks are going to crash the economy.

Be prepared we are now seeing the push to bring down the entire global economy.

Source: X22Report Fed Just Hinted That the Stock Market and the Economy Might Be on Shaky Ground – Episode 1247a | Politics