Jul 25, 2011

It is forecasted, Silver Prices will Skyrocket, Now that Asia opened up it's own Futures Market on Friday July 22, 2011

From Sherriequestioningall,  JULY 24, 2011

I like what this article says.

Also China Business News Wrote an article saying Silver will be rising and tells those who are bearish of silver... they better change their mind, due to the new Silver Futures Market in Hong Kong.  They also say in the article as the other one linked, the U.S. metals market is completely Rigged and Manipulated! 

Asia opened up it's own Silver futures market on Friday July 22, 2011!  Asia is the biggest buyers of metals now.

What this also means is JP Morgan no longer has the metals markets by the balls!  Because they always hit the markets after hours when it is only other smaller markets opened.  BUT now that Asia has it's own metals future market, if they hit and throw shorts at silver and gold, there will be people right there swooping it up!

This is going to get good!  Now is the time to have popcorn and sit back and watch the show!  I can only hope JPM is taken down after all these decades of manipulating the markets!

Article portions:

The Hong Kong Mercantile Exchange proclaimed that it would launch U.S. dollar-denominated silver futures contracts on July 22, 2011. It cited “surging international demand for silver” because the cause for the launch, pointing out that silver demand rose 67% in China between 2008 and 2010, with the nation accounting for almost 23% of the world’s silver usage last year

As many traders have discovered - when China, the world’s second biggest economic climate, buys, the globe tends to follow. The increasing Chinese demand of gold as well as silver is one of the factors why we carry on making an investment in these metals. 

The amount of silver created per year in the whole globe is roughly about 680 million ounces of silver and also the amount mined in the USA last year was 50 million ounces. The amount that was traded around the CME yesterday was roughly one third of all of the silver mined in the globe. It had been 5 times the amount mined in America. So how can this be happening? 

You will find rumors that the silver ETF (SLV) doesn't have the silver that the paper indicates to represent. You will find reports that if SLV was ever known as upon to create the underlying asset it represents it could be unable to do so. Is there any question why this product is so volatile? 

The reality is the fact that the silver marketplace is becoming extremely manipulated. Nicely that's about to alter. On Friday July 22nd, the Hong Kong Mercantile Exchange will begin trading dollar denominated silver futures contacts with the expectations of tapping in to the expanding demand for the metal in China and India. The new contact will allow purchasers and sellers in China to trade successfully with their counterparts across the globe, while in the exact same time permitting traders to gain exposure to silver price actions and expand their investment portfolio. The market also plans to roll out yuan-priced gold as well as silver futures to capitalize on expanding investor demand for China’s strengthening currency. Additionally they have ambitions for goods in base metals, power and agriculture. Visit for more profitable silver and gold tips. 

Beginning Friday July 22nd the Anglo American monopoly on silver is finished. This may be the first time that Asians can purchase and take long term delivery of silver in Asia. No longer can the CME raise margins close to 100% in 8 days. The silver shorts are and ought to be afraid of the countless millions of Asians that will be getting into this little marketplace. China by itself has trillions of dollars and they could drop 0.01% of that cash into silver and explode silver past the control of the American elite. The one that has probably the most to fear will be the Comex. Now would be a perfect time to purchase silver and purchase gold while the prices are nonetheless fairly cheap.

OH, I would love to be a fly on the wall in Blythe Master's office, when they throw shorts at the silver and all of them are gobbled up by the Asian market who will turn around and DEMAND Delivery!

Yep, it is NOW going to get interesting!

Man on a Mission: Anders Behring Breivik & the Norway Terror Op

Where have I seen this kind of posed picture from before?
Oh yes, now I remember.
65 years to date on 22, July 1946, the Israeli terrorist group Irgun bombed the King David Hotel with the intent to destroy documents and intelligence data on Israeli terrorist groups, their members and criminal activities collected by the British military/intelligence. Historically, numerous covert campaigns have been carried out that the anniversaries have macabre and suspiciously timed events occur. For example, domestic terror ops that occur in the U.S. during the month of April such as the OKC bombing, Columbine and the kill spree at Virginia Tech. Usually they are a sick homage to Hitler's birthday, the satanic Walpurgisnacht or Columbine. The one thing they all have in common is that they are of synthesised origin, engineered beyond the logistical capabilities of simple lone nuts. This time they used different type of patsy, a Eugenicist's ideal dream child, who could double as the centrefold for Der Stürmer.

On 29, June 2011 here: I foreshadowed that there was to be a false flag terror incident, so much so that I placed my international False Flag Warning System to Red. Though I didn't exclusively call this one it does classify as one nonetheless, and I will sadly inform you that this Norway incident is a conditioning lead up to one much larger and worse. I have advanced that it will occur sometime in September (the anniversary of 9/11 most likely) due to the propagated chatter coming from intelligence front groups and managed pseudo-gangs. There may even be another incident of this same magnitude again before then to exponentially amplify the fear/terror agenda into overdrive.
The Norway terror suspect Anders Behring Breivik is a self confessed  frimurerloge (Freemason). On 23, July 2011 I wrote the following reply at A13's brilliant blog Thirteenth Monkey "Well, considering that Norway's staunchly right-wing Progress party are vehement supporters of Israel and were the only party in Norway to support Israel's war on Gaza in 2008-2009, I would say that is one of the first places I would investigate as a terrorist staging ground, and possible centre of recruitment for the patsies in this attack would be this lot." Well, 24 hours later it has been officially confirmed that, Breivik was indeed a youth and adult member of the conservative Fremskrittspartiet (FrP) or Progress Party, according to the Norwegian newspaper VG. Now I'm not saying that it proves that Breivik was a sayan patsy working for the Mossad, but it is a good piece of evidence in that direction. In 7, October 2005 the BBC ran a story that reported: Karin Linstad, a pro-Palestinian activist and leading member of the Norwegian Palestine Committee was a double-agent for the Mossad. A book entitled War and Diplomacy, by Odd Karsten Tveit, is said to have revealed Ms. Linstad's role as a Mossad operative.
The latest in patsy chic.
In 15, November 2010, an article surfaced that stated the U.S had been discovered spying on the citizens of 5 Scandinavian countries including Norway. The U.S.were accused of illegally spying on hundreds of people in Norway, Denmark, Finland, Sweden and Iceland. Officials in the five countries expressed their unhappiness at the surveillance tactics that were conducted without the knowledge of the individual nations' governments. Specifically, the U.S. Embassy in Norway was named and directly accused of espionage. The exposure manifested as early as November 3, when the Norwegian media outlet TV2 screened a report stating that a group of U.S. agents has been surveilling 15 to 20 Norwegians for 10 years, mostly at various rallies. It stated suspects were photographed, with the information then sent on to Washington, allegedly to prevent terrorist attacks against U.S. embassies.

The MSM reporting is rancid with Zionist manipulations, as they all are lockstep branding Breivik as a Neo-Nazi in much the similar vein as Lee Harvey Oswald was jacketed as a Communist. Breivik very well might be, but the language being used on him seems strategically poisonous and a bit contrived to say the least. Frankly, it stinks like a classic black ops patsy setup. This includes the sudden appearance of an over 1,500 page manifesto entitled “A European Declaration of Independence", that was alleged to have been published on the day of the attack itself. On it Breivik used a pen-name alias of Andrew Berwick from London UK dated 2011.

Part of Breivik's manifesto was taken almost word for word from the first few pages of the anti-technology manifesto written by "Unabomber" Ted Kaczynski. It was also conveniently published in English as well as his native language, but it is unknown at this time whether it was originally written in English though it reads so. Throughout the scripted screed which rails on about a Muslim scourge is the familiar anti-muslim diatribe that could be found in your typical Zionist agit-prop. In fact, it reads very much like the Cliff notes of a Rothschild Mein Kampf 2.0.
The Terrorist Ken doll with Zio-Fascist Grip
The casualty total so far stands at 93 dead, with 30 wounded in the bomb blast, with 67 more wounded in the mass shooting. From this we are to gullibly accept that one fucking bloke acting alone, and without any military training or experience, carried out this much co-ordinated mayhem completely on his own. Of course people willing to believe this level of tripe also must be convinced that the film Rambo was a documentary. One reason for the high lethality in the shooting victims was the use of unconventional ammunition. Dr. Colin Poole, head of surgery at Ringriket Hospital in Honefoss northwest of Oslo, told The Associated Press that the gunman used special bullets designed to disintegrate inside the body and cause maximum internal damage. Poole said surgeons treating 16 gunshot victims have recovered no full bullets. There are also an uncorroborated report from an eyewitness stating that the gunman was talking into a headset during the commission of the shooting massacre.

Note also, that Norwegian police took almost 90 minutes to respond after reports that the gunman/gunmen began firing on the victims. The shooter(s) killing spree on Utoya island lasted for 1.5 hours, and Norwegian Beredskapstroppen (BT) were summoned after a 50 minute lapse of time had passed, then finally arriving a full 40 minutes later. Police Chief Sveinung Sponheim stated that the BT tac-teams were dispatched after 50 minutes then it took 20 minutes to drive to the lake and another 20 minutes to secure a boat to take them to the island. Here's the problem with this scenario, because Beredskapstroppen has two Rigid-hulled inflatable boats. This model has three engines with a total motor power capacity of 675 HP. For air transport Beredskapstroppen uses a military Bell 412 SP from the Royal Norwegian Air Force (RNoAF). So from this evidence it suggests that this terror spree was allowed to progress to produce a high casualty rate.

Another red-herring piece of information is that 48 hours before the Oslo/Utøya island terror attack, the Oslo Police carried out an anti-terror drill. Apparently police were conducting a covert bombing exercise at a location near the Oslo Opera House. Then just 48 hours later a terrorist bomb blast hits a government building in the Norwegian capital. What are the odds of that? If you also recall drills of this nature were also carried out during 7/7 and during 9/11. Why? because drills make the best cover for big black ops terrorism. Especially when there are un-informed participants and patsies who are unaware it's actually real until it's too late, and that the "drill" has suddenly gone live in all aspects.

The ever-lying media are also propagating that Breivik does not have a military background, and despite Norway's mandatory military service. They are claiming that he has an exemption which can only be obtained if one declares they are a pacifist or for medical reasons. However, I'm also sure the exemption can also be obtained through intelligence intervention or through economic means of bribery. If we are to accept the ever-morphing official story we must believe that a lone nut with an assault rifle, a rifle and handgun and planted explosive ordnance, carried out a mass shooting single-handedly that would make an SAS strike-team look like first recruits. We must also believe (according to his back-story and manifesto) that he is a self-declared neo-Knights Templar on a collective crusade to purge Europe of all Marxist and Muslim influences. How does he accomplish this 'Great Work'? By targeting and gunning down innocent youth and adults who just so happen to be fiercely anti-Zionist as well as vocal advocates for war crimes trials and boycotts for Israel. That makes sense doesn't it? Sort of like declaring that you hate Russians and then summarily jumping up and lethally attacking your own family.

One telling entry in his manifesto read "Will attempt to initiate contact with cell 8b and 8c in late March," which seems to signify that he was not working alone, nor was he the leader.

Below are but a few key points that made Norway a specific black ops target for Israel:

• "Norway backs Palestinian bid for UN recognition in September" - July 21, 2011

• "Norway Announces Withdrawal From Libya Campaign by Aug 1" - June 10, 2011

• In autumn 2011 it is expected that Palestinian President Mahmoud Abbas will bring the matter od Palestinian statehood to the UN. Where he will officially ask for UN membership and recognition of a Palestinian state within the borders before the 1967 war, with East Jerusalem as its capital.

• Norway is a major donor to the Palestinians and express that they are prepared to recognise its statehood. They chair a group of countries that meets regularly to coordinate financial aid for the Palestinians.

• The day previous to the terrorist incident,on Thursday 21, July 2011, Foreign Minister Jonas Gahr Store visited Labour Youth League summer camp at Utøya. There he was met with demands from the Workers' Youth League (AUF) that Norway must recognise a Palestinian state and a unilateral economic embargo imposed on Israel from the Norwegian side. The AUF summer camp attracts some of the brightest and most ambitious members of the Labour Party’s next generation, so the massacre means a huge loss to the party’s future.

• Palestinian President Mahmoud Abbas visited Norway on Monday 18, July 2011.

• The terror blast also specifically damaged the Oil Ministry, which caught fire. If you recall, on 23, August 2010, Norway's Ministry of Finance announced that the Norway Oil Fund dumped their investments in the Israeli companies Africa-Israel Investments and Danya Cebus Ltd. According to the newspaper Dagbladet, police at the scene say the bombing attack appears to have been directed against the Department of Oil and Energy.

A report alleges that the same fuel/fertiliser composition used in the Oklahoma City Murrah Federal building explosion were also used in the Oslo bombing. This is interesting, because if a fertiliser explosive was used, it was as a distraction to draw the police and emergency teams to that direction. A diversion much like the planes were used in 9/11 to distract from placed charges going off in the building below. It is standard operating procedure (SoP) in black ops bomb terrorism and assassinations to use a diversions to carry out missions (see the Benazir Bhutto assassination for an illustrative example).

In the case of the Oklahoma City bombing the explosives used in the actual explosion proved to be of the Semtex/plastique variety placed at the base or actually on the building columns. According to blast effects tests conducted at the Wright Laboratory in Eglin Air Force Base, the Eglin Test Structure (ETS) data indicated that "The damage to the Murrah Federal building is consistent with damage resulting from mechanically coupled devices placed locally within the structure...". They also further stated that "due to the lack of symmetrical damage pattern at the Murrah building, it would be inconsistent with the results of the ETS test one, to state that all of the damage to the Murrah building is the result of the truck bomb". Why do I impart this information? Because, the M.O. is the same in the Norwegian terror bombing case, and displays evidence of either similar training or group of perpetrators. The Murrah Federal building attack also has at least one known hint of Mossad involvement in the character named Andreas Carl Strassmeier. 

On 4, April 2011 A.P. of the Twelth Bough ran down the following information ( "Elohim City was used as a paramilitary training ground. It had a runway. The head of security was Andreas Strassmeir. Strassmeir spoke fluent Hebrew and according to the London Times, he also had a Jewish girlfriend in the IDF." Elohim (Hebrew for God by the by) City was said to be the staging/training area for the alleged perpetrators of the Murrah building attack. Now I don't know about you but how many alleged Neo-Nazi's with direct ties to German intelligence do you know who have Israeli girlfriends in the IDF who speak English, German and Hebrew? Seems to be the exact qualifications for a double-agent cover in the Mossad for sure. You know how Israeli women just can't wait to shag off with a Neo-Nazi, which is the kind of rubbish that we're supposed to gleefully digest and just walk away with.

The Ugly Truth Podcast July 24, 2011

The Norway Massacre–another false flag operation made in Israel or just the natural consequence of Jewish mainstream media’s fomenting of anti-Islamic hysteria? Mark Dankof joins the program to discuss this and other issues.
As always, thank you for assisting with the costs associated with the production of this program

[Abandon the euro-titanic!] The Dynamics of Doom: Why the Eurozone Fix Will Fail

by Charles Hugh Smith, July 25, 2011  

The only way out of the Eurozone end-game is massive debt forgiveness and a return to national currencies. The first will destroy the banks, the second will destabilize the German export economy. “Extend and pretend” is an endgame, not a fix.

Let’s dig into the dynamics of doom:
1. The consequences of austerity. The kleptocratic “fix” is to divert more of the debtor nations’ national incomes to debt service. In other words, money that once went to labor (wages) and social services now goes to debt repayments and interest.
What are the consequences of this massive diversion of income? The economy shrinks.Less income means less spending, which means negative growth.
The Eurozone’s “happy story” counts on debtor economies “growing their way out of debt.” If labor’s share of the national income is falling, and both private and government spending and income are falling, precisely where is the “growth” supposed to come from? As private income falls, tax revenues fall, causing the government to raise taxes and junk fees. This further reduces private income, and so on in a self-reinforcing feedback loop of contraction.
Austerity sets up a positive feedback loop of less income and less spending. The people in these debtor economies can look around and see the consequences: everyone has less money, and less confidence that the “austerity fix” will do anything but put debt-junkies into fatal withdrawal.
Once an economy becomes dependent on debt that rises faster than the resulting “growth,” then that economy is set on an unwavering path to implosion. (The Cycle of Dependency and the Atrophy of Self-Reliance).
As belief in the system fades (When Belief in the System Fades March 12, 2008) and institutions lose their legitimacy ( The Three Ds: Delegitimization, Definancialization, Deglobalization July 1, 2011), then people naturally save more as insurance against an uncertain future. Fewer people are willing to risk their capital in new ventures, and as the economy loses vitality then these trends reinforce each other.

2. This loss of faith and confidence triggers hoarding and capital flight. As Ludwig von Mises noted long ago, the only way to organically “grow” an economy is for capital to accumulate faster than the population, that is, capital increases on a per capita basis. Capital means savings/cash, not debt, that is invested in productive assets and enterprises.
So what happens when you skim more of a nation’s income to service debt? There is less capital accumulated, and thus less capital available for investment.
What happens when people lose faith in the financial institutions and their coercive “fixes”? They move their capital to less-risky, more productive climes. In other words, capital flight is another positive feedback: as people move their capital out of the country, then there is less available per capita for productive investment. Toss in a kleptocratic government which increases taxes while misallocating precious capital on crony Capitalism and corruption, and you get a death-spiral of capital flight and risk avoidance.
The irony of a loss of faith is people instinctively place their capital in non-productive savings: in gold, Swiss lock boxes, and so on. This instinct removes capital from the pool of investments in productive assets. There is no other way to service sovereign debts, so taxes must rise, adding another positive feedback to the contracting economy: higher taxes reduce net income, create disincentives to earning more via productive enterprises and incentivizing tax avoidance and capital flight.

4. The frantic rush by the EU and European Central Bank (ECB) into a domino-like series of short-term “fixes” effectively destroys the possibility of long-term solutions. Injecting more debt into debtor nations is like “fixing” the debt-junkie’s withdrawal symptoms with massive doses of euro-denominated smack: the “fix” dooms the “patient” in the long run, even as it “makes everything better” for a brief interlude of faux “normalcy.”
But like any other addiction, resistance to the “fixes” rises and the interludes diminish in length.
The dynamics of austerity without massive debt renunciation doom the EU, and the dynamics of using taxpayer-funded debt to “fix” over-indebtedness also dooms the EU. Massive debt renunciation will doom the big European banks, and of course those banks are the raison d’etre for the entire project: it’s all about saving the banks, isn’t it?

5. These dynamics set up a double-bind endgame. The EU Overlords and the ECB can busily move their last knight around their king, but the game is already lost. Austerity triggers a positive feedback of economic contraction, debt fixes to over-indebtedness launches a cycle of diminishing returns, and the reliance on short-term fixes over long-term solutions sets off self-reinforcing losses of legitimacy and faith in the system’s sustainability.
The only real solution to the Eurozone end-game is massive debt forgiveness and the resulting destruction of “too big to fail” banks, and a return to national currencies, which will enable structural imbalances to be resolved via currency devaluations. This will of course destabilize the German export economy; but that is inevitable.
“Extend and pretend” is an endgame, not a fix.

Charles Hugh Smith is the author of An Unconventional Guide to Investing in Troubled Times and the blog.