Tag Archives: Deep State

Is Trump A Weaker President Than George W. Bush?

Shortly after his inauguration, Trump started doing the politicians favorite dance-step: The 180-Degree Pivot.  This is where the politician as a candidate for office issues policy promises that patronize enough voters to get the politician elected.  Once elected, the politician reverses course and becomes a puppet for actual policy-deciders “behind the scenes.”  The only “promise” to which Trump seems to adhering is that stupid wall along the Mexican border.  I’m not sure who really wants that other drug-addled right-wingers and schizophrenics.

More disconcerting is Trump’s about-face on foreign policy.  Specifically, his Administration’s sudden antagonism toward pretty much the rest of the world, except Israel, England and Saudi Arabia.  To his credit, early on Trump threw a few punches at the Deep State.  Unfortunately the Deep State has once again hijacked the Oval Office – more rapidly than I expected.

I wanted to re-post this commentary from my friend, Dr. Paul Craig Roberts, in which he presents VP Mike Pence as the Deep State’s front-man in the White House.  I was concerned from the day Trump selected him that Pence was a Trojan Horse for the Deep State.  As Dr. Roberts elaborates, it appears as if my fears were well-founded:

President Trumps Disappearance – by Dr. Paul Craig Roberts (LINK)

In my long experience in Washington, vice presidents did not make major foreign policy announcements or threaten other countries with war. Not even Dick Cheney stole this role from the weak president George W. Bush.

But yesterday the world witnessed VP Pence threaten North Korea with war. “The sword stands ready,” said Pence as if he is the commander in chief.

Perhaps he is.

Where is Trump? As far as I can tell from the numerous emails I receive from him, he is at work marketing his presidency. Once Trump won the election, I began receiving endless offers to purchase Trump baseball caps, T-shirts, cuff-links, coffee mugs, and to donate $3 to be entered into a raffle to win some memorabilia. The latest offer is a chance to win one of “personally signed five incredible photographs of our historic and massive inauguration.” https://donate.donaldjtrump.com/signed-inauguration-photo-sweepstakes?utm_medium=email&utm_campaign=JFC_direct-ask_signed-inauguration-photo-sweepstakes&additional[utm_content]=041917-inaugural-photo-contest-djt-jfc-p-p-hf-e&utm_source=e_p-p&amount=3

For Trump, the presidency is a fund-raising device. If his VP, National Security Advisor, Secretary of Defense, UN Ambassador, CIA Director, whoever, want to start wars wherever, that’s just more memorabilia to raffle off for a $3 donation.

As a result of Trump’s failure to govern his own government, we have VP Pence telling Russia and China that there could be a nuclear exchange on their borders between the US and North Korea. Although Pence is not smart enough to know, this is not something Russia and China will accept.

Washington worries about North Korea having nuclear weapons, but the entire world worries that Washington has nuclear weapons. And so many of them. World polls have shown that the majority of the world’s population are far more concerned about the threat to peace posed by Washington and Israel than by Iran, North Korea, Russia and China.

Pence prefaced his “the sword stands ready” remark with “the United States of America will always seek peace,” which after Serbia, Somalia, Afghanistan, Iraq, Libya, Yemen, Pakistan, and Syria is as false a statement as it is possible to make. From Washington’s perspective it is always Washington’s victims that are “reckless and provocative,” never Washington.

The US stands for war. If the world is driven to Armegeddon, it will be Washington, not North Korea, Iran, Russia, or China, that brings life on earth to an end.

The Military Complex Has Taken Control Of The White House

“The astonishing reinvention of Donald Trump:”  Washingtonians are still puzzling at the speed with which the man who promised to “drain the swamp” has come to bask in its approval. In the past 10 days, Mr Trump has belied many of the city’s worst fears. Having promised to launch a trade war with China, Mr Trump is rapidly abandoning his protectionist rhetoric. Likewise, having vowed to avoid foreign wars, he has acquired a sudden taste for Levantine missile launches. And having dismissed Nato as obsolete, Mr Trump is now singing the alliance’s praises. – Financial Times, April 13, 2017

It was just a matter of time before the Deep State got its meat-hooks into Trump.   The move to remove Steve Bannon from the National Security Council and replace him with two Deep State operatives who had been formerly removed from NSC was our signal that the Deep State had restored its control of the Oval Office.  Shortly after that power swap was accomplished, missiles started flying in Syria in response to false flag “gas” attack and the world’s largest non-nuclear bomb was dropped on CIA-built underground tunnels in Afghanistan.

Trump has back-pedaled on every single “plank” in his campaign platform – about as quickly as Obama did after he was inaugurated.  Trump’s geopolitical policies now resemble the same policies endorsed by Hillary Clinton, who is a neocon dressed in drag.

When all else fails, start a war.  The opinion ratings on Trump are plunging, along with the major portions of the economy.  Auto sales are down 10% since the beginning to 2017 and JP Morgan, despite “beating” earnings estimates, disclosed a troubling spike in credit card write-offs, which rose to nearly $1 billion in Q1.  Retail sales have now declined two months in a row.  It’s no coincidence that the dismal sales report was released on Good Friday when the market was closed.  The original .1% gain reported for February was revised down significantly to a decline of .3%.   Restaurant industry sales have declined for 11 of the last 12 months in a row on a year over year monthly basis.

The economy is been fueled on money printing and credit creation for the better part of 40 years.  That artificial stimulation went parabolic in 2009.   The tech and housing bubbles have been reinflated along with every other asset class into an “everything” bubble.  Real weekly earnings have declined two months in a row. The consumer is tapped out on two fronts:  disposable income and the capacity to take on more debt.  Now comes the part where the average household begins to default on the debt it’s taken on over the last 8 years.  Hence the big jump in credit write-offs disclosed opaquely by JP Morgan last week.

Today’s Shadow of Truth discusses the role played by the Deep State in ushering in the inevitable economic collapse of the United States which will lead to the implementation of Totalitarianism and a dystopic political system:

Gold & Silver Manipulation: The Biggest Financial Crime In History

Investment Research Dynamics is pleased to present another truth-seeking missile launched by Stewart Dougherty:

This crime is already 285 times bigger than the LIBOR scandal, and 500 times bigger than Madoff’s swindle. It is, in fact, the largest, most destructive financial crime in history.

According to the mainstream financial media (MFM), the biggest financial frauds in history are the Bernie Madoff Ponzi scheme, with roughly $20 billion in net investor losses, and the Bank State rigging of LIBOR, which resulted in 16 guilty banks paying $35 billion in fines, which supposedly equated to their theft.

The MFM have conveniently ignored a far larger financial crime that has been perpetrated for 37 years and counting, and that has netted its orchestrators more than $1,000,000,000,000.00 ($1 trillion) in stolen profits. This crime is so powerful that it can produce fraudulent proceeds of $1+ billion on demand and in minutes, making it unique in the annals of theft. It is a crime that has been committed literally thousands of times since 1980, and is now being committed in the most blatant and brazen manner ever. This crime is already 285 times bigger than the LIBOR scandal, and 500 times bigger than Madoff’s swindle. It is, in fact, the largest, most destructive financial crime in history.

To read the rest of this, please click here:  Gold & Silver Manipulation

 

Gold And Silver: Legal Weapons Against The Deep State

  • Question:  Why do Central Banks and Governments hate gold?
  • Answer:  Because they can’t print it

“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.”  – Alan Greenspan, “Gold and Economic Freedom”

Just like everything else in the western financial system, the paper trading markets are leveraged beyond redemption.   The amount of paper “claims” on actual physical gold was estimated to be 100:1 in 2010.   We can assure you that ratio is much higher now.  On the Comex alone, for instance, if more than 9% of the  April open interest in gold futures were to stand for delivery – based on the currently declared 1.4 million ounces of gold reported as being “available for delivery” (registered) – the Comex would default.  The entire open interest in gold futures is 60x greater than the amount of gold available for delivery.

This is just the publicly traded paper gold derivatives.  There’s also the shady world of OTC gold derivatives.  We have no idea what kind of leverage is embedded in these contracts.  But the total notional amount of OTC “precious metals” derivatives according to the OCC’s latest quarterly report on OTC derivatives (Office of the Comptroller of the Currency) is over $28 billion.  Just to highlight the degree to which the Government goes in order to hide the facts about the gold and silver market, the OCC used to break out OTC precious metals derivatives into the categories of “gold” and “silver and other.”  Now the OCC  reports just “precious metals.”  What is it that the Government and banks are hiding?

The amount of leverage embedded in a Comex futures contract, based on the current amount of margin required, is about 25:1.  There’s no telling how much leverage is embedded in the OTC derivatives agreements.  All we know is that the disclosure requirements are becoming increasingly more opaque.

Silver futures began trading on the CBOT in 1969.   But gold futures were not around until 1974, three years after the U.S. closed the gold window, completely disconnecting the dollar from gold.   Gold futures were developed to enable the Fed and the U.S. Treasury to control the price of gold as a means of reinforcing the legitimacy of the dollar as a fiat currency used as the world’s reserve currency.

While the price of gold has been heavily manipulated since at least the 1960’s, when the U.S. was running out of enough gold to fulfill its obligations under Bretton Woods, the manipulation and “shock and awe” price attacks are used as a form of propaganda that is designed to discourage investors from converting fiat dollars into gold and silver.  It’s a powerful weapon used by the Deep State against gold and economic freedom.

In today’s episode of the Shadow of Truth we discuss the manipulation of gold and silver and how it’s used by the Deep State to increase the Government’s control over the population:

The Deep State’s Gold Scam And The Demonization Of Russia

To me, what’s really going on needs to be explained to people or they are going to completely give up on the hope of finding / preserving a way to protect their financial freedom … in other words, getting out of the corrupt monetary system and into metals, while they still can.

This price pummeling [of gold and silver this week] is absolutely state-of-the-art Psy-Op…managed by the Fed and Bank State, using the most sophisticated techniques developed over decades by the CIA and related agencies. – Stewart Dougherty in an email exchange about his latest article

Must-read Guest Post from Stewart Dougherty

As the Fiscal Year 2018 budget, and particularly its war component are floated, it has become clear that without continued, massive military spending, paid for with mass-produced electrons masquerading as money, U. S. GDP would collapse, taking the country’s financial and monetary systems with it. The nation, whose real economy has been hollowed out, for profit, by the Deep State plunderers, has become significantly reliant upon deliberately contrived wars and military tensions for its economic survival.

With systemic monetary risk now at an unprecedented level, intensified by a new, partisan, “politics of defeat,” scorched earth agenda being implemented by those displeased with the results of the 2016 election, there has never been a more dangerous time for people to denominate their wealth in unbacked, baseless, debt-drugged dollars.

The absolute last thing the Deep State, and particularly its Banking Division (the Bank State), can allow the people to figure out at this time is that there is a far more safe, secure and potentially profitable way for them to position their financial assets than dollar-denominated bank deposits: precious metals. A widespread movement into metals at this time would damage the Bank State and its umbrella organization, the Deep State, because their future profits require the control and progressive expropriation of the people’s money.

Therefore, a March rate hike is guaranteed, for three primary reasons. First, precious metals prices must be pummeled as much as possible, in order to scare uninformed people away from the easy, safe and logical financial refuge metals provide. Even though the “rates up, metals prices down” reflexive reaction is absurd, it has been baked into the trading algorithms so that it will occur no matter what other factors might be in play when rates are increased. Strategic Deep State price fraud, which is perpetrated by internationally signaled, time-coordinated and algorithmic inside trading, ensures that metals prices can reliably be controlled. At least for now. When physical demand finally increases in a material way, the price fixing fraud will collapse.

Second, the Bank State must increase the incentive for people to keep their money in its institutions, while it pushes forward, as fast as possible, with its cash elimination agenda. Once cash is eliminated, the banks will no longer have to worry about bank runs, which would otherwise be historic when the  wheels coming flying off the thoroughly debauched monetary system, an event we view as inevitable.

Third, the Federal Reserve System is now 100% politicized, and run by sneaky, die-hard political ideologues who lie about why they do what they do and what they really think. Those who run the Fed are despondent that despite implementing for eight YEARS an interest rate policy specifically designed to enable Obama to create a totally false illusion of economic “recovery” by massively increasing government spending with trillions of phony, deficit, zero-interest-rate “dollars,” the people saw through the economic lie and defeated the Fed’s next intended puppet, Clinton.

Yellen, Fischer and the other partisan Fed governors are simply not going to allow Trump to turn around, in a matter of months, an economy that the Deep State and the Fed have systematically been looting, at mind-boggling and astronomical profit to themselves, for the past decade. Nor are they going to allow Trump to bask in DJIA-record glory. Therefore, the power- and money-obsessed functionaries at the Fed and within the Deep State, who all totally buy into the scorched earth agenda, are going to bring down the economy and markets, even if it means that every single private pension fund and the net worth of every non-connected citizen collapses with it. They couldn’t care less about that, as we are about to see, because they will have a scapegoat for what they, themselves have wrought: Trump. The Fed, in league with many others, is now doing everything in its power to rig the 2018 mid-term elections, in order to live up to its Sole Mandate, which is the preservation of political power.

While we deeply admire what President Trump is trying to do to expose to the people and turn around the fake economy in which the nation is drowning, we believe the challenge of reversing, in the short amount of time available to him, decades’ worth of asset stripping, corruption and for-profit economic destruction is beyond extreme. And the constant political obstructionism he is up against, which is increasingly treasonous, might make the achievement of his worthy objective impossible.

With this as our backdrop, let us move on to the geopolitics of gold, which while it might seem abstract and removed, we believe is highly relevant to your personal financial situation.

Aside from being tedious, politicized and baseless drama, the ongoing demonization of Russia, particularly with respect to its so-called rigging of the 2016 U.S. Presidential election, makes no common sense. But it makes perfect Deep State sense. It is about war-mongering, global destabilization, internationalized looting and the continued plunder of the American people, the for-profit enterprises in which the Deep State specializes.

We believe that there is actually a more specific reason for the demonization of Russia than the above, usual suspects. This is a case where one should not just follow the money; one should follow the gold.

For the past fifteen plus years, physical gold supplies have been like Lazarus: they keep rising from the Dead. Just when it appears that a serious supply-demand imbalance is about to precipitate futures market delivery problems and therefore increased prices, supply miraculously appears out of nowhere to alleviate the shortage and stabilize or depress prices.

This surprise supply has primarily come from sovereign central banks: for example, 1,500 metric tonnes from one-time sound money nation Switzerland; 600 from France; 430 from the United Kingdom (most at the bear market’s absolute low price of around $255.00/ ounce; central bank “genius” for all to see); 300 from Netherlands; 225 from Portugal; 240 from Spain; 180 from Venezuela and counting; 90 from Brazil. And the list goes on.

Each sovereign sale has produced needed physical gold at times of supply – demand imbalance, many of which have been critical. This has enabled the paper gold price manipulation fraud to persist without any failures to deliver or the need to set a true, as opposed to fake gold price. A delivery failure, even a minor one, would expose and terminate the Deep State’s enormously profitable price rigging fraud, and has therefore been prevented at all cost.

The Deep State’s overthrow of legitimate, sovereign governments has been another means by which needed gold supply has been injected into the pipeline. After Libya was overthrown, 143 tonnes of the nation’s gold disappeared. Dozens of additional tonnes disappeared from Iraq subsequent to its invasion.

Ukraine provides another example. Immediately after Neocon, Deep State functionary and State Department plant Victoria “F**k the EU” Nuland launched the for-profit coup d’etat in Ukraine, 43 tonnes of the nation’s gold, worth $1.7 billion at $1,200 per ounce, were airlifted out of the country in the middle of the night and went missing.

(As a side note, it is worth mentioning that while the cargo plane’s exhaust was dissipating into the Ukrainian atmosphere, Vice President Biden’s storied son, Hunter, miraculously appeared on the Board of Directors of Burisma Holdings, the largest private natural gas producer in Ukraine. Biden was joined by close friend Devon Archer, a lead fundraiser for by-then Secretary of State John Kerry’s 2004 presidential bid. Archer is also the former college roommate and current business partner of Kerry’s stepson, Christopher Heinz (an heir to the H. J. Heinz fortune). These two ascendancies to Burisma’s Board were curious, given that Biden and Archer had no natural gas production or Ukrainian business experience whatsoever, did not speak one word of Ukrainian and had never previously stepped foot in the country. This gives us better insight into the true nature of the Deep State’s murderous, gold-seeking and highly profitable coups.)

While the perfectly-timed materializations of sovereign gold have plugged the Delivery Failure dike at various critical moments, there have been two persistent demand problems that have bedeviled the Deep State’s designs: Russia and China.

China’s official gold reserves surged from 395 tonnes in Q2, 2000 to 1,838 tonnes in Q3, 2016. This number, impressive in itself, dramatically understates China’s actual, official gold reserves, which many well-informed analysts put at 5,000 tonnes, minimum. China’s official reserves do not include the thousands of additional tonnes imported into the country for the private sector during the same period.

While the Deep State routinely pummels the paper price of gold both to mint fraudulent profits on the futures exchanges and scare financially naïve western citizens away from it, the Chinese government urges its citizens to buy gold, which they do by the millions of ounces. The Chinese government knows what is coming, and wants its citizens to be prepared. Apparently, capitalism and communism have traded places, which will result in an exorbitant cost to the people of the west.

Meantime, Russia’s gold supply increased from 343 tonnes in Q2 2000 to 1543 tonnes in Q3, 2016.

Remarkably, it increased by 508 tonnes from Q1, 2014 to Q3, 2016, alone. This occurred when Russian sanctions, which were intended to destroy Russia’s economy and currency, were in place. The sanctions were not only expected to halt Russia’s ongoing gold purchases, but also force them to sell some or all of their existing reserves in order to raise cash, which is exactly what Venezuela has been forced to do since early 2014.

Chess Master Putin went in the exact opposite direction, by dramatically increasing the nation’s purchases of gold. This was unexpected and has put the Deep State on the defensive. It had counted on fresh supply from Russian to keep the supply – demand balance in equilibrium, and to prevent the Delivery Failure dike from breaching.

One way the Deep State reacted to Russia’s unexpected, continued demand was to engineer the out-of-nowhere Indian rupee demonetization, which stripped the Indian people of the cash they have traditionally used to purchase gold. This plan was effective at reducing Indian gold demand in the beginning, but is now backfiring, just as the attempt to reduce Russian gold demand backfired.

If China and Russia continue to buy gold at current rates, the only way the Deep State’s paper gold price manipulation fraud can continue is if other sovereign gold reserves are put into play, or, if physical demand is somehow diminished. While the Deep State is pursuing both tactics, their options are shrinking.

Even though sovereign gold sale risks remain, the value of nations’ reserves at the current fake price of gold is absolutely meaningless when compared to their exploding debts.

For example, Italy’s 2,452 tonnes of gold are worth $95 billion at $1,200 per ounce; the government’s debt is $2.45 trillion. France’s 2,436 tonnes are worth about the same, $95 billion; it national debt is $2.44 trillion. The same situation exists in virtually every western nation. Therefore, even if these countries were to sell all of their gold, it would not buy them any meaningful or lasting fiscal or financial relief whatsoever. There has never been a more pointless time for nations to sell their gold, particularly at today’s fake price.

To further amplify this point, the United States is reported to own 8,133 tonnes of gold, supposedly the world’s largest stockpile. (We disagree; to us, the arithmetic is clear that China now owns more.) This is the equivalent of 261.5 million ounces troy ounces, or about 0.82 troy ounces per citizen. At $1,200 per ounce, the reserve is worth $314 billion. The nation’s actual, annual deficits are roughly $1 trillion per year, more than three times the value of the entire gold reserve. The nation’s existing debt and contingent, unfunded liabilities exceed $200 trillion. Therefore, the nation’s gold supply could only pay off 0.16%, or one sixth of one percent of the nation’s current obligations. If it has not already done so, the United States could sell every ounce of the people’s gold and it would not make one bit of difference to the nation’s fiscal situation.

The U.S. gold reserve has not been professionally, comprehensively audited since 1953. We will not go into the U.S. gold audit topic here, because it has already been well documented. You can find the details with a simple search, if you wish to learn more. But we would like to point out something that is not typically noted.

In order to create positive “optics,” the United States government consistently massages, manipulates and even totally misrepresents a wide variety of financial, economic and monetary statistics (such as GDP, unemployment, inflation, money supply, interest rates, retail sales and many others). These positive optics are viewed as being crucial to preserving confidence in the nation’s economy and fiat currency.

Accordingly, one would expect that if the United States gold reserve actually exists, physically and unencumbered, the government would go out of its way to prove and advertise it, in order to create the favorable optics it spends so much time and effort engineering about everything else.

Instead, they refuse to conduct a professional audit, invoking the truly ridiculous excuse that it would be too costly to do so. One specialist has estimated that a comprehensive, independent audit would cost $10 million, which is approximately 1 MINUTE of federal spending, literally. So the expense excuse makes no common sense, and arouses serious and legitimate suspicion about the true state of America’s gold reserve.

The foregoing factors help explain the intensifying demonization and scapegoating of Russia. The Deep State needs to prevent Russia from continuing to buy gold in quantity, and is therefore intensifying its efforts to damage the country’s reputation, economy and currency.

Based on these and several other factors, the Inferential Analytics model is signaling that there is a strong probability the Deep State’s gold price manipulation fraud is dying, and that the imbalance in physical gold supply is becoming systemic and reaching a point where it can no longer be bridged with sovereign, stolen or fake supplies. This increases the risk of futures market delivery failure. The occurrence of any significant endogenous event at this time, such as an unexpected military, social, economic or financial disruption, that provokes a further reduction in supply or even a modest increase in demand, would dramatically increase the probability of delivery failure and a resulting, necessary, sharp increase in the price of gold.

The fact that the paper gold price manipulation fraud is reaching the end of the line due to deteriorating supply – demand fundamentals is exactly why we are seeing a radical, concurrent Deep State escalation of the War on Cash. Cashlessness is the Deep State’s upcoming Looting Field, and is designed to replace Gold market price fixing as its next, organized, long-term method of plunder. The elimination of cash will result in the largest looting spree ever orchestrated by the Deep State.

Every time the Deep State hatches a new looting scheme, they dress it up in false righteousness, phony morality and motherhood. In the case of cash elimination, they say it is needed to fight terrorism, drug laundering, tax evasion and crime. This is a huge, concocted, pre-packaged lie; the same kind that Hitler and Goebbels used. Hitler said and proved that if you make the lie big, and repeat it again and again, the people will come to believe it. This is the exact kind of lie the Deep State is telling to push its corrupt, greed-diseased, epically evil cash elimination scam.

While the Deep State demonizes Russia to perpetuate its gold price fixing profit center for as long as possible, it is simultaneously building, as fast as it can maximum security prisons for the people’s money. For the bricks, they intend to use your cash; for the mortar, they are mixing a stinking amalgam of their lies, corruption and greed. We can be sure of one thing: if we allow them to imprison our money in their cashless prisons, they will grind it into oblivion by fees and fraud, and our financial slavery will become inescapable. Please, do not underestimate what is happening all around you, and use your current quasi-freedom wisely.

Stewart Dougherty
March 2, 2017

Stewart Dougherty is the creator of Inferential Analytics (IA), a forecasting method that applies to events proprietary, time-tested principles of human instinct, desire and action. In his view, forecasting methods not fundamentally based upon principles of human action are unlikely to be reliable over time. He is a graduate of Tufts University (BA) and Harvard Business School (MBA), is a 35+ year veteran of the business trenches and has developed IA over a period of 15+ years.

The Deep State’s Message: Prepare For Totalitarianism

I find the current political situation to be as bad as I thought it would be when I forecasted it about ten years ago. The worst is yet to come. The corruption in the system is becoming much more apparent. The extreme biases in the mainstream media in favor of their particular owner’s faction is fairly obvious…The moneyed class turned the law and the thought leaders framing to their own benefit, and would now do anything they can to keep their ill-gotten gains. – “Jesse,” from Jesse’s Cafe Americain

Were you aware that the Government is starting to implement eye-scanners as part of the airport security protocol?  If you doubt that, then read this:  U.S. Marshals Scanned My Retina.   The TSA circus is all for show. It’s a way for the Government to get us used to following its orders and a way for the manufacturers of the technology used to make billions from selling that technology to the Government.   It also is an excuse for the Government to create employment for those who lack the competency to find a job in the private sector.

Ben Franklin said, to paraphrase, those who are willing to give up some freedom in exchange for security will end up with neither.  That’s where we are today, America.  The Patriot Act was written well over a year before 9/11.   The blueprint for the Department of Homeland Security was crafted in the mid-1990’s, during Clinton’s presidency.

It’s all stunningly Orwellian.  Even the terms used to describe newly created Government functions are right out of “Animal Farm” and “1984.”  The totalitarian control, confiscation of wealth by those in a position to confiscate and the use of technology to invade and regulate our private lives was prophesied by Orwell, Ayn Rand (“Atlas Shrugged”) and Aldous Huxley (“Brave New World”).    The technology that we take for granted as making our lives better is being used to remove our rights and freedoms.

Ironically, it all starts with the control of  the monetary system.  Those who control a nation’s currency need not be concerned about who or what makes the laws (Mayer Rothschild).   A few unelected “officials” control the United States’ creation of currency, which is then used as a tool to confiscate wealth – at first slowly and soon it will happen all at once.

In today’s episode of the Shadow of Truth, we discuss the Orwellian fog that is enveloping the nation and connect the political control our lives to the control of interest rates and gold:

The U.S. Can Learn From India’s Move To Digital Currency?

In short, we can learn to not let it happen here.

In August, Obama’s Defense Secretary, Ashton Carter, appointed Jeff Bezos to the little-known and highly secretive Defense Innovation Advisory Board.  This for me confirmed that Bezos was an integral part of the Deep State, which I began to suspect when Amazon’s cloud computing division started receiving contracts from various Deep State divisions (like the CIA).    This “advisory” board is chaired by Googles Eric Schmidt.

This position dovetails nicely with Bezos’ ownership of the Washinton Post, which has been transformed into part of the Deep State’s program to proliferate propaganda – or “fake news.” Funded by the taxpayers, the work being done by this Board has intentionally been “kept under wraps,” as Business Insider describes.

After, all the Washington Post has been well respected  for decades as one of the primary “go-to” newspapers for domestic and international political news reporting.  Trusted as such, historically if a news item was reported by the WashPo, it had to be true, right?

Under Bezos’ control, and in the context that Bezos is part of the Deep State mechanism, the WashPo has become an Orwellian device in the “war on truth.”  In addition, Bezos can use the “power of the pen” as a powerful political weapon against politicians or Government bureaucrats who oppose the Establishment and the Deep State.

With that as a backdrop, the Washington Post published a curious report on the Indian Government’s of the removal of the most commonly used cash bills by the Indian populace titled, What The U.S. Can Learn From India’s Move Toward A Cashless Society.  The article goes on to describe all of these “benefits” but only casually mentions the huge economic disruption caused by the move.

Of course, these “benefits” all had to do with the implementation of technology which makes it easier for the Government to identify, track and ultimately control the individual. It should come as no surprise to us that, given the role Bezos plays as part of the Deep State, Bezos’ newspaper would be promoting the digital banking system.

A crucial fact not known by most is that the former Chairman of India’s Central Bank – the Reserve Bank of India – was appointed as the Vice Chairman of the BIS in 2015.  This fact calls into question the idea that digitizing India’s banking system was motivated by anything other than the western elitists’ goal of implementing totalitarianism.

While the WashPo did mention the disruption to India’s economy caused by the removal of the most common currency bills, the article did not mention the fact that the move temporarily undermined the population’s ability to buy gold during the country’s biggest seasonal gold buying period.  This latter effect was likely one of the primary motives behind the move and it underscores the control over India that can be exerted by the western elitists and their Central Banking cartel.

The bottom line is that India was used as “testing ground” for the western global elitists’ plan to digitize the global currency system. This will be used to exert Orwellian totalitarian control over the masses. It should come as no surprise that the wealthiest elitists like Bill Gates and Jeff Bezos have been advocating a cashless banking system, backed by the “intellectual” support of “academics” like Harvard’s Larry Summers and Kenneth Rogoff.

There’s no question that subtle and gradual effort will be used to implement a cashless banking system in the U.S.   All the warning signs are flashing.  I also suspect that, at some point, the “national security” card will be pulled in persuading the masses that cash is the “currency of terrorists.”

Ben Franklin once warned, to paraphrase him, that if we give up some of our freedom in exchange for security, we will eventually end up with neither.   That is where we are headed unless there’s an effort to prevent the elimination and use of cash in our economic system.

IRD To Mitch McConnell: Exactly Who Is The Thug?

The NY Post reported that Senate Republican “leader,” Mitch McConnell called Vladimir Putin a “thug” in response to DJT’s interview on 60 minutes.   It’s hard for the U.S. Deep State to hide the U.S. military build-up in the NATO countries surrounding Russia’s borders. This includes the takeover, in effect, of Ukraine by the Obama Government.   I think we can all agree that NATO is a de facto “shell” for U.S. military operations.   With that in mind, I pulled the interesting graphic to the right, with some edits from me (click to enlarge) from an article written by an options trader who also posts commentary on Zerohedge.

The U.S. has been literally flooding the NATO countries surrounding Russia’s borders with offensive military assets.  Recently the U.S. deployed tanks and special forces personnel in Poland.  A week later, the U.S. deployed 900 marines in Norway – the first time since World War Two that foreign troops have been allowed to be stationed in Norway, which is a NATO member.

So Mitch, looking at the actions the graphic above and interpreting the actions of the U.S. Department of Defense, who exactly is the “thug?”

Currecide: The Globalists’ Planned Annihilation of Your Savings and Freedom

Stewart Dougherty is back with another guest post. I believe this is his best work to date. I wanted to share some his thoughts from out email exchanges, which are raw, unedited and quite insightful:

I totally agree with what you wrote me previously about gold going ballistic this year. It’s probably better set-up right now than at any other time in history, for a large number of reasons. I hope it can finally overwhelm, once and for all the schemers who work to keep it down.

I continue to think that cash elimination is the biggest story out there. It is a fraud of epic proportions, and its implications are dark and deeply disturbing. I realize that I keep coming back to this theme, but it’s because it registers with me as being so incredibly important. Sometimes, you have to say something five times before people say, “Wow. This is important. I better do something about it.” If people decide to “do something about it,” they are going to find that their options are limited. Gold being one of the few of them. Gold demand would go nuts if only the people could finally understand why they need to buy it right now. I feel a bit like Don Quixote, but I also think that the dam of realization is coming very close to breaking, and that there could be an outright flood of new, popular awareness and action.

After a decade’s worth of sharply detailed and psychologically painful analysis, Dr. Rudolph Rummel determined that in the 20th Century, governments killed 262 million of their own citizens. This was in addition to the roughly 40 million persons killed in combat during the same century, in government-waged wars. In all, governments were responsible for the murder of more than 300,000,000 people in the 1900s alone.

Rummel coined a term for this mass annihilation: “Democide,” which he defined as “the murder of any person or people by a government, including genocide, politicide and mass murder.”

He concluded that the root cause of the 20th Century democidal onslaught was the addiction to and miscarriage of power. Recasting Lord Acton’s famous quote, Rummel said: “Power kills; absolute power kills absolutely.”

Summarizing what he had learned from his research into the recurring problem of government mass murder, he wrote: “The problem is power. The solution is democracy. The course of action is to foster freedom.”

Last week in Davos, Switzerland, a small clique of rich and powerful people met to refine and advance their command, control and exploit agenda for humanity, the primary objective of which is to destroy human freedom.

Despite the warning shots aimed their way by an increasingly plundered and disgusted populace, it was clear that the Davos elite had not heard or sensed a thing. For them, it was full speed ahead with their plans to exert increased control over and wring greater profits from the embattled citizens of the world.

One of the core principles of Inferential Analytics, the forecasting methodology we have developed and use, is that all happenings represent Life Forces in action. All Life Forces consistently strive to become stronger, expand their reach and achieve positions of dominance. They do not merely wish to survive; they seek to prevail.

To illustrate, Greed is not simply an unquenchable thirst for money exhibited by certain people; it is a fundamental Life Force that drives those people, who are its hosts. Greed constantly searches for new ambassadors who will carry it to new heights of achievement. Occasionally, Greed hits the jackpot by locating particularly talented hosts capable of radically expanding its domain. An example being people who create slush funds that pose as “foundations,” in order to steal money intended for some of the poorest people in the world, such as Haitians. The criminally insane are particularly fine vehicles for the Life Forces of Evil, including Greed.

Dr. Rummel proved that Genocide is another Life Force constantly striving to scale new mountains and seize new territory. Genocide, which is far from being done with humanity, instinctively knows, as all Life Forces do that it must adapt, modernize and transform itself in order to achieve even greater success as it plows through time.

Genocide realizes it has big shoes to fill in the 21st Century if it is to exceed last century’s astonishing achievement of 262,000,000+ murdered people. And while Obama did everything possible to destroy U.S. relations and provoke hostilities with Russia and China, and Merkel does her absolute best to orchestrate the slaughter of civilization within Germany and throughout Europe, Xi is not Mao and Putin is not Stalin. Genocide is asking itself, “Where are all the dead people supposed to come from in the next 83 years, if I am to surpass the record I set last century?”

Life Forces will do whatever they must to invent new tactics, create new shapes, conquer new territory and set new records. They are paragons of evolution. And true to its innate instincts for high achievement, Genocide is currently evolving right before our eyes, which we can easily see if only we look.

Genocide has realized that its destructive opportunities in this world are far greater than it had previously envisioned. It now understands that annihilating human beings is not its only form of expression. It can annihilate something even better: human freedom, a much larger target that is easier to destroy. It has reached the profound insight that it is impossible for people to be free if they are financially enslaved. And that financial enslavement can be engineered on a mass scale if people are buried in debt, made completely dependent upon bankers, and then systematically impoverished while having no means of escape. It has comprehended that 21st Century enslavement will be digital, and it is extremely excited about its future.

In Davos, the Deep State oligarchs intensified their push for the elimination of cash. They recruited additional shills to help promote their agenda, including Dan Schulman, CEO of Paypal, and Columbia University Professor and Nobel Prize holder Joseph Stiglitz. They joined other Deep State operatives who have been beating the same cashless drum for some time, including Group of 30 members Lawrence Summers and Kenneth Rogoff, both of whom were also in attendance at the Davos full court press.

An oligopolized, international digital payment system is the keystone of the Deep State’s globalist agenda, and a prerequisite to the implementation of full-spectrum, for-profit, transnational governance and control. The oligarchs realize that if they can gain control of the people’s money, then they can gain control of the people themselves. Accordingly, they are now pushing the agenda harder than ever, before the people wake up to its extraordinarily evil intent and ramifications, and rise up to reject it.

We view the cash elimination agenda as Genocide staking a modern claim to 21st Century terrain, using a host even more powerful than governments: the Deep State Oligarchy that owns and controls them. Genocide is embarking on the equivalent of a corporation launching a new product line. We have named its new brand Currecide, which stands for the mass murder of currency. But it will go beyond that. Currecide will result in the annihilation of the people’s savings, and with it their freedom.

Currecide represents the most pernicious, expansive and potentially profitable fraud ever committed against the people in history. The plan is simple, and if successful will produce epic returns for the Deep State perpetrators who are engineering it: trap the people’s money within their financial institutions, and then systematically plunder it via negative interest rates, transaction charges and constantly escalating monthly and annual account maintenance and other fees. As the people’s savings vanish, they will be forced to turn to the banks for loans, and the interest charges on their added debt will further impoverish them in a vicious, self-reinforcing cycle.

The timing of Currecide is financially lethal to the people, because it is happening just as the pension funds and government entitlement programs are going bankrupt. Therefore, the people’s savings will be under attack at the exact time when they need them the most, in order to survive.

Currecide will result in the imposition of an entirely new and incremental form of taxation: financial. The money generated by these financial taxes will not flow to governments; they will flow to the owners of governments: the bankers and Deep State oligarchs. In addition to rendering unto Caesar, the people will be forced to render unto Mammon.

The financial self-interest of the hucksters of cash elimination is blatant. Paypal is in the business of digitized payments, and a payment system oligopoly will personally enrich Schulman. Summers is a director of Lending Club (digital money) and a “senior advisor” to Digital Currency Group (digital money). He, too, is expecting a big payday from Currecide. Virtually all of the academic promoters of cash elimination provide consulting services to or are otherwise funded by bankers, the orchestrators and beneficiaries of the fraud. The entire promotion is a tangled web of self-interest, greed and especially the lust for power, about which Rummel warned us so starkly.

A mere 7 days after Prime Minister Narendra Modi demonetized 86% of India’s cash by surprise edict, Bill Gates, the world’s richest man at $92 billion and counting, happened to show up in New Delhi. Gates met with Modi and praised his gambit, even though it had created unprecedented financial chaos and personal hardship for hundreds of millions of Indian citizens. Gates hailed it as a “bold step by the government.”

According to the BBC, Gates urged Modi to allow mobile phone companies to move into the consumer finance market. In a speech, Gates said, “these [digital financial] services can transform your mobile phone into a kind of digital bank branch, allowing you to pay for goods and services, transfer money and even get loans at the push of a key. … A move into the digital realm [in other words, the ultimate elimination of cash, a potential windfall for Microsoft that he has long advocated] will cut transaction costs, allow government to pay benefits directly to those who need them, and make credit easier and cheaper for everyone.”

Gates made the Deep State’s true agenda crystal clear: First: addict hundreds of millions of additional citizens to the toxic, expensive drug it peddles: debt. This is what he meant when he said that a cashless, digitized financial system would enable people to “get loans at the push of a key,” and “make credit easier and cheaper for everyone.” With western citizens choking on debt, the Deep State must expand its horizons, and Gates is doing his part. Second: trap the people’s money within the banking system, with no option of cash withdrawal. Third: digitize humanity’s vital needs (such as for money) in order to gain maximum control, and make it possible to “turn off” trouble makers who are not on board with the globalist agenda being imposed upon them.

The planned Currecide is incontrovertible proof that the Deep State oligarchs, and not governments are in control. There is not one elected representative in Congress we can find who ran for office on a platform that included cash elimination as a plank. To the best of our knowledge, the members of Congress have been completely silent on this subject. The cashless agenda is not coming from the people, or their representatives. It is coming from the Deep State bankers who intend to make a monumental fortune from it, at the enormous expense of the people’s financial independence and personal liberty.

To protect your money and freedom, you must possess assets that are timeless and true. There are very few ways you can do this, and your current options will not exist forever. Supplies of the few things that can protect you are completely inadequate compared to the strong, upcoming demand that will wipe them out. We say this again and again, because it is so important. In our research, we see no greater threat to the people than Currecide, given its fundamentally evil design and sweeping, destructive ramifications should it take hold. In our view, gold and silver can help protect you as few other solutions can. We urge you to beware the Normalcy Bias, which tells you there is no rush to act, because the system has basically held together thus far, and therefore, it always will. The Normalcy Bias, which is a powerful psychological force, puts one at extreme risk. We hope you will seriously consider taking action now, while you can, and ignore the Normalcy Bias’s Siren song. We write solely in an effort to inform and, we hope, help people. We are not metals dealers, securities brokers or financial advisors, and we earn no compensation whatsoever from what we report to you, or suggest.

January 24, 2017

Stewart Dougherty is the creator of Inferential Analytics (IA), a forecasting method that applies to events proprietary, time-tested principles of human instinct, desire and action. In his view, forecasting methods not fundamentally based upon principles of human action are unlikely to be reliable over time. He is a graduate of Tufts University (BA) and Harvard Business School (MBA), is a 35+ year veteran of the business trenches and has developed IA over a period of 15+ years.

The Deep State’s Attempt To Suppress India’s Gold Demand

The primary objective of the Indian currency demonetization was to sharply reduce gold demand in the world’s most important retail market, India, one that is controlled by the Deep State oligarchy via a captured agent, its Prime Minister [Modi]. The manner in which the demonetization was carried out indicates some kind of desperation…Stewart Daugherty

Indian Demonetization Denotes Severe Stress in the Global Gold Market
By Stewart Dougherty

It is becoming clear that the Indian currency demonetization is actually a planned attack on Indian gold demand, launched to disrupt gold prices and discredit gold as an asset class. The attack was required to alleviate severe stress in the global gold market that is becoming increasingly difficult for the Deep State controllers to contain.

For two decades, physical gold has been migrating from the west to the east in increasing quantities. Numerous reports cross-confirm that the world’s leading refineries are operating at capacity to convert western gold into the kilo products demanded by Asian buyers. Refiners also confirm that the sourcing of western gold has become problematic, as supplies dry up in the face of voracious world, and particularly eastern demand.

Western central bankers and their Deep State handlers have made it clear that they intend to transition to a cashless society. However, they are not yet ready to make this transition. Therefore, their current focus is to start the process by eliminating high-denomination currency, such as Euro 500 and USD 50 and 100 notes. At the same time, they are working to digitize the payment infrastructure, a prerequisite to the elimination of cash.

Their problem is the steady awakening of the people to the disturbing implications of a cashless society, and to the assault on human liberty it represents. The Deep State oligarchs must implement their agenda before the people mobilize to prevent it from being imposed upon them.

The Deep State oligarchs understand that the western governments they commandeer are bankrupt. To continue operations, they must tap into the people’s private wealth for funding. In fact, the IMF has produced a position paper recommending a “one off capital levy of 10%” (a 10% wealth tax), to deal with western governments’ intractable fiscal problems. The authors of this paper state that the “levy” must be imposed at night and by total surprise, to prevent citizens from being able to take any steps to avoid it.

This type of ambush is exactly what just happened in India, with its shock demonetization.

The IMF’s proposal does nothing to change governments’ current trajectory of greater deficits and debt; the money raised would simply be used to service existing debt. This means the first capital levy will just be one of many going forward. Governments’ only solution is to expropriate the private wealth of the people, which is exactly what the IMF has admitted.

If people have cash and other private monetary assets outside of the banking system when the “capital levy” is imposed, governments will lose out. This is one of their primary motivations to eliminate cash: in order to maximize proceeds from the capital levy, they need the greatest possible amount of money within the banking system, in non-withdrawable, digitized form, when the levy is executed.

It is not in the interests of governments if people figure out that they are far better off being their own bankers, by privatizing their monetary assets, than handing them over to commercial bankers, who have become wards and enforcement agents of the state. Therefore, a full scale campaign is underway to demonize cash and to make precious metals appear dangerous by routinely pulverizing their prices.

In the meantime, supplies of physical metals in the west constantly diminished and are now strained. This means that the bullion banks’ LBMA and Comex paper price suppression activities must steadily escalate for them to maintain control of a market that is spinning out of their control. Unlike eastern investors, western investors tend to buy into rising prices, as they chase momentum. Rising prices can lead to a buying stampede. If a buying stampede were to break out in today’s supply-stressed precious metals market, prices would surge, which would be antithetical to the Deep State oligarchs’ agenda.

Given that Deep State operatives can do nothing to increase western gold supply, their only options are to somehow discover supply elsewhere, and/or to crush gold demand.

The “somehow” is India, a nation whose people possess an estimated 20,000 tons of gold, and who buy hundreds more tons of it each year. Prime Minister Modi, the Deep State establishment’s captured and controlled facilitator, has been instructed to obtain supply and control demand of gold in India, and he has been working overtime to achieve both objectives ever since his election.

First, Modi launched a Paper Gold scheme, whereby the Indian people were urged to tender their personal gold holdings to the state, in exchange for “notes” and “bonds” paying less-than-inflation interest rates on the value of the gold they provided. The notes are irredeemable for gold for at least five years, by which time the gold will be long gone from India and used in the bullion banks’ market rigging and other for-profit operations. Modi’s Paper Gold scheme failed, because the Indian people did not trust it, and correctly so.

Next, Modi imposed a 10% import duty on gold (India produces next to no gold, so virtually all of it is imported). This resulted in a multi-week strike by jewelers, which did reduce demand, one of the two aims of the Deep State oligarchs’ plan.

But shortly, this scheme failed, too, because gold smuggling surged, enabling the Indian people to obtain the gold they desire at prices roughly 5% over global spot, reasonable in the circumstances.

In a companion effort to crimp demand, Modi enacted a special reporting regulation. Enacted in 2015, it requires anyone purchasing jewelry or precious metals having a value of 200,000 rupees or more (the equivalent of roughly US$ 2,900) to present an Indian PAN Card. PAN stands for Permanent Account Number, a ten digit alpha-numeric number issued by India’s Tax Department to individuals and businesses. The PAN enables tax personnel to track all of a card holder’s financial transactions over their entire lifetime.

Only 17% of India’s population have obtained a PAN number to date, meaning that 83% of the population are unable to purchase $2,900 or more worth of jewelry or bullion in a single transaction; without a PAN Card, it is illegal to do so. This regulation has reduced jewelry and bullion purchases by upscale Indians who do have PAN but do not want their personal transactions permanently recorded. Alternatively, it has led them to make smaller purchases that do not require presentation of a PAN Card.

While the PAN regulation curbed demand in the $3,000+, high end of the market, it did nothing to address the vibrant, lower end, cash market. Smaller purchases of jewelry and bullion have traditionally been paid in cash, using 500 and 1,000 rupee currency notes. This was the Deep State’s Achilles’ heel in India, and they decided to deal with it.

Accordingly, on November 8, 2016, in a shock move, Modi “extinguished” all Indian 500 and 1000 rupee notes. Holders of the old notes have been required to exchange them for new ones, but the process has been extremely difficult and time consuming. Further, there are sharp restrictions on the amount of new currency citizens can obtain. Withdrawals are capped at 40,000 rupees per week, roughly $575.00. After paying for living expenses (90% of Indian purchases are made with cash), very little is left over for discretionary purchases such as gold jewelry. Given that the demonetization was specifically timed to occur in the middle of the robust festival and wedding season, the reduction in demand has been pronounced. Jewelers in Mumbai, the nation’s largest retail market by far, report sales being off by up to 90%.

We believe that the primary objective of the Indian currency demonetization was to sharply reduce gold demand in the world’s most important retail market, India, one that is controlled by the Deep State oligarchy via a captured agent, its Prime Minister. The manner in which the demonetization was carried out indicates some kind of desperation, because it defied all economic prudence, logic, humanitarian regard and common sense. India is the only country where this kind of attack on demand could have been carried out, and this is why it occurred there. It indicates to us that the bullion banking cabal is coming up against the wall, and that there is severe supply – demand stress in the global gold market that is rapidly becoming non-containable. Desperate times are producing desperate measures by the manipulators.

It is critical to note that the Governor of the Reserve Bank of India up until mid-2016, Raghuram Rajan, declined a second three year term. Rajan was a former Chief Economist at the International Monetary Fund, the “capital levy” people. He is also a member of the Group of Thirty, along with Larry Summers, the head cheerleader for the elimination of one hundred dollar bills in the United States, and cash in general. Much more important, Rajan has now become Vice Chairman of the Bank for International Settlements, the so-called “central bank of central banks,” and long regarded as the chief architect and enabler of global gold manipulation and price oppression. He has been characterized in the press as being “a vocal votary for increased coordination among central banks.” Clearly, an important Deep State global agenda is now in play.

Brexit and the Trump victory have demonstrated that the people can only be pushed so far, but the Deep State oligarchs are far too addicted to easy money and god-like power to hear the message. They are pushing forward as if nothing whatsoever has changed in the world. The retention by the people of financial liberty is far more important to them than Brexit or Trump, and we believe they will defend their rights to it, particularly as they awaken to the full implications of the tyranny that will be unleashed by its elimination.

As demand rebuilds from the shock demand reduction that has occurred in India, we believe the market for precious metals will become stronger than ever. First, India has discredited governments’ prized monopoly product: fiat currency. Second, India’s demonetization-related gold demand shock has no effect whatsoever on demand from Russia, China and the rest of Asia, which is stronger than ever. Third, the fiscal and monetary realities of governments throughout the west continue to worsen, strengthening the already compelling case for precious metals. Fourth, and as we have pointed out in previous articles, supply cannot withstand even a fractional redeployment of liquid personal assets into metals, without prices being forced significantly higher than where they are today. And fifth, the bullion banks and Deep State schemers are running out of curve balls to throw at the people. In fact, the stunt they just pulled in India might be their last, at least of anywhere near this magnitude. While we put nothing past them, including desperate dumping of remaining western central bank metals holdings (which might not even exist at this late stage) and prohibitions that the people will realize they must ignore if they are to have any chance of remaining financially free, it seems clear to us that they are fast running out of options.

Stewart Dougherty
November 28, 2016

P.S. One additional inference we draw from events in India is that it almost certainly proves the United States gold reserve is gone. What has happened in India indicates that a critical supply – demand imbalance exists in gold, which required an unprecedented, draconian and reckless “solution.” Actually, it has solved nothing; it has only bought the oligarchs some time, and probably not much of it. If western, and particularly U.S. gold reserves had been available, they almost certainly would have been deployed before a massive, destructive currency demonetization in the world’s second largest nation, by population, would have been ordered.

Stewart Dougherty is the creator of Inferential Analytics (IA), a forecasting method that applies to events proprietary, time-tested principles of human instinct, desire and action. In his view, forecasting methods not fundamentally based upon principles of human action are unlikely to be reliable over time. He is a graduate of Tufts University (BA) and Harvard Business School (MBA), is a 35+ year veteran of the business trenches and has developed IA over a period of 15+ years.