Tag Archives: fake news

No Really, The Russians Hacked Us

Hillary and her supporters have vehemently asserted that “seventeen intelligence agencies” agree with the assessment that Russia hacked the election. It might be greater news to the American people to hear that there actually are seventeen such agencies out there. Perhaps Mrs. Clinton or Mr. Obama might explain exactly what they are beyond the CIA, the FBI, the DIA, the NSA, and DHS. Personally, I feel less secure knowing that there are so many additional surveillance services sifting through everybody’s digital debris trail.  – James Kunstler, “Deep State Blues

The public voted with its wallet and truthseeking data reveals that in any election in which the growth in average household real disposable income is less than 3.1%, the incumbent party loses the White House.  The study goes back to the 1932 election.  Real disposable income growth was well below 3.1% in 2016 and the Democrats lost the White House.  It’s really as simple as that, for the most part.

In addition, enough of the voting public determined that, with the help of the Wikileak emails, Hillary Clinton could not be trusted.  In fact, the Wikileak oeuvre revealed that the entire Democratic Party was indefatigably corrupt.  At the root of this corruption is the Clinton Foundation.  But beyond that it was discovered that, among other atrocities, the DNC conspired to rig the Democratic Primary against Bernie Sanders and the current DNC Chairman, Donna Brazile, slipped debate questions to Hillary ahead of the debates.

The reaction to this by the mainstream media, largely conduits of pro-Clinton propaganda, the DNC and Hillary is to blame the Wikileak truth revelations on the Russians.  As a result, the generic fake news meme regarding the election results has turned into “the Russians hacked us.”

All this mind you in an utterly complete void of proof.  Where’s the proof?  None of Hillary’s supposed intelligence agencies can produce one shred of evidence that points to Russian email hacking.   Show us the money.  Please.   Lost in this entire Orwellian fog of lies is the bare truth, for all to see.  If the Wikileak emails revealed that the Democratic Party – led by Hillary Clinton – is profoundly corrupt to the core, what difference does it make from where the source of truth, the source of holy light, appeared?   

The truth is the enemy now.  Rather than fearing Russia, the public should be looking for reasons to not live in fear of the U.S. Government.

The same Orwellian fog has enveloped the gold and silver markets, especially as the facts apply to the massive demand for gold in the eastern hemisphere.  Mainstream western financial media has become flooded with highly misleading and outright fraudulent news stories about the precious metals markets.  In this latest episode of the Shadow of Truth, we dissect through we pull away the wizard’s curtain to shed light on the facts:

Who Is Buying China’s Dumped Treasuries?

According to the latest Treasury International Capital report (for October), China unloaded nearly $42 billion in Treasuries in October. In the last 12 months, China has unloaded nearly $150 billion in Treasuries, equivalent to more than one month’s worth of new Treasury issuance by the U.S. Government.

The Zerohedge/mainstream financial media narrative is that China is selling Treasuries to defend the yuan. They hold reserves other than dollars. Why not sell those? They are trying to unload their Treasuries w/out completely trashing the market. Imagine what would happen to the bond market if China announced a bid wanted in comp for $1.1 trillion in Treasuries. They are working with Russia to remove the dollar’s reserve status and the U.S. doesn’t like it which is why there is an escalating level of military aggression toward Russia and China by the U.S.

Too be sure, China’s Treasury selling has contributed heavily to surprising spike up in long term Treasury yields.  But who is buying what China is selling?  Japan has been unloading Treasuries every month since July.  On a net basis, foreigners unloaded $116 billion Treasuries in October.  A colleague in the pension industry told me today that pensions are not buying Treasuries because the yield is too low.

Phil and John (Not F) Kennedy invited me on to their engaging and entertaining podcast show to discuss the chaos that has enveloped the global financial markets including the Fed rate hike, the manipulated take-down of gold and silver and the deleterious effects from the spike up in interest rates.

ROFLMAOUntitled

Fake News, Propaganda And False Flags

The Fake News conspiracy is starting to lose steam.  It’s time to bury it completely. But this won’t happen because the “Fake News” narrative is another propaganda tool that is being used to distract the public’s attention from a collapsing economy and political system.

Paul Craig Roberts sent around an article that cites a former top NSA official who states explicitly that the NSA would have evidence of Russian influence on the election.  Apparently it has none:

If the idiots in the intelligence community expect us to believe them after all the crap they have told us (like WMD’s in Iraq and “no we don’t collect data on millions or hundreds of millions of Americans”) then they need to give clear proof of what they say. So far, they have failed to prove anything.

Which suggests they don’t have proof and just want to war monger the US public into a second cold war with the Russians.

After all, there’s lots and lots of money in that for the military-industrial-intelligence-governmental complex of incestuous relationships

This article is a must-read:   No Evidence Russia Hacked The Election.

The Russian/Fake News narrative is designed to foment Cold War 2.0 with Russia.  Russia and China are working – understandably – to remove the dollar as the world’s sole reserve currency.   The only means by which the U.S. can try to stop this is military.   It’s beginning to escalate into a dangerous game.  Trump seems to be perpetuating it by rhetorically fanning the flames with China in the South China Sea.

When an Empire is collapsing, history tells us that the Government foments “patriotism” through the heavy application of propaganda that is used to support rampant imperialism.  This is where the U.S. is right now.

Of course, Trump’s motive for enabling the Fake News narrative to perpetuate is to distract attention from his cabinet appointments, which have a decided Big Oil and Big Bank flavor to them.  So much for draining the Swamp.

This chart from William Banzai is priceless:

untitled

 

Guest Post: Here’s Why The Banksters Are In Trouble

If the Fed were to reverse the portion of its QE in which it injected trillions onto big bank balance sheets as well as fomented a mortgage/housing bubble, the Too Big To Fails – including Goldman Sachs – would collapse.  Make no mistake, it would ultimately prove to be a good thing.

However, there’s also a growing groundswell of grassroot Americans who have “woken up.”  Perhaps the only good attribute of the last election is that it hastened the rate of enlightenment.   Too be sure, the number of Americans who understand the difference between Truth and Propaganda has vastly increased.

A reader of this blog and subscriber to the Mining Stock and Short Seller Journals submitted this narrative of a recent “enlightenment” experience that occurred while on a routine visit to the local barber shop.  It’s worth perusing:

I’m almost speechless as a result of the experience I just had. I have just returned from getting a haircut at the local barbershop downtown. I was there along with the barber, a semi-retired gentleman who now drives a school bus part-time, and a local hay farmer. Our conversation was an absolute stunner, and provides very compelling (albeit admittedly anecdotal) evidence that the bankster elite are in BIG trouble.

Why?

Well, first of all, the barber (in his late 30s) was explaining for all of us how the big banks are in MAJOR trouble on account of (and I am quoting verbatim) “the trillions of dollars of complex derivatives they are holding that are going to implode as a result of the rapid rise in US treasury bond yields.”

The bus driver then explained to everyone how he is no longer keeping any more money in his checking account than he needs to cover outstanding checks; that otherwise he holds all of his money in cash at home. Why? Because he is afraid that, at some point in the very near future, “we’ll all wake up on a Monday morning to discover that a bank holiday has been declared, and none of us will be able to access our funds.”

Finally, the hay farmer told us all how, as a result of having an excellent harvest this year, he had opted to pay off, two years early, the loan on his new tractor. He explained how he had received a call from the bank holding the loan, and the loan officer had attempted to convince him to NOT pay off the loan yet, and even offered to refund twelve months of interest payments if he would simply carry the loan to full term. The farmer adamantly refused. His response to the bank officer? “I understand perfectly well why you want to keep this loan on your books for two more years: you are using my loan as collateral to borrow short and lend long to the tune of at least ten times my original loan balance, and if I pay off my loan early, my debt and your collateral will be extinguished at the same time, and you’ll have to come up with more collateral to back up loans you never should have made in the first place.”

I was stunned!

“… borrow short and lend long … if I pay off my loan early, my debt and your collateral will be extinguished … loans you never should have made in the first place.” WOW!

I sat there absolutely amazed at the relatively high level of understanding manifest by these “salt of the earth” types — and I realized the extent to which the global elite have grossly underestimated the common folk of this world. I am, at this moment, as hopeful for the future of America as I have been in many years.

untitled

mining-stock-journal-bannerNewSSJ Graphic

CONFIRMED: Big Banks Rigging The Silver Market

According to the plaintiffs, records surrendered by Deutsche Bank show traders and submitters coordinating trades in advance of a daily phone call, manipulating the spot market for silver, conspiring to fix the spread on silver offered to customers and using illegal strategies to rig prices.

“Plaintiffs are now able to plead with direct, ‘smoking gun’ evidence,’ including secret electronic chats involving silver traders and submitters across a number of financial institutions, a multi-year, well-coordinated and wide-ranging conspiracy to rig the prices,” the plaintiffs said in their filing. The new scheme “far surpasses the conspiracy alleged earlier.” – Bloomberg.com, December 7, 2016

Anyone who denies that gold and silver are manipulated either has not spent time examining the evidence or is financially incentivized to refute all allegations. In other words, they are either ignorant or willfully corrupt. This includes the entire universe of politically corrupt western Central Bankers and professionally criminal Wall Street bankers. But first and foremost it includes all three branches of Government.

Traders discussing on recorded lines ways in which to rig the silver market? Imagine that. Lost in the smoke of the latest revelations about the big bank silver market manipulation is the fact that Andrew Maguire presented evidence of this at JP Morgan over six years ago. Perhaps the most shocking aspect about the latest revelations is that JP Morgan was not cited in the Deutsche Bank court filings.

Although summarily dismissed by the Commodity Futures Trading Commission and mainstream financial conspiracy, JP Morgan has been the “ring leader” in the silver market manipulation scheme for years.

The latest revelations will never be accepted as truth until CNN or CNBC reports on them to “verify” for the zombie masses that the big banks are indeed corrupt beyond the imagination of “conspiracy theorists.” It will be interesting to see if this will lead to RICO prosecution, which it should:

RICO law refers to the prosecution and defense of individuals who engage in organized crime. In 1970, Congress passed the Racketeer Influenced and Corrupt Organizations (RICO) Act in an effort to combat Mafia groups. Since that time, the law has been expanded and used to go after a variety of organizations, from corrupt police departments to motorcycle gangs. RICO law should not be thought of as a way to punish the commission of an isolated criminal act. Rather, the law establishes severe consequences for those who engage in a pattern of wrongdoing as a member of a criminal enterprise

The threat of RICO was used to pry open the truth at Drexel Burnham in order to bring down what was, at the time, one of the biggest – if not the biggest – financial market corruption schemes in U.S. history.

The latest revelations are hard evidence that GATA has been right since 1998, when it was founded by Bill “Midas” Murphy and Chris Powell in order to document and expose the gold and silver market manipulation for the world to see. GATA’s evidence has been written off for over a decade as “conspiracy theory.” Now it is confirmed conspiracy truth. In fact, Murphy was banned as a guest on CNBC after he discussed gold market manipulation.

“Fake news?” Hardly. Proof is now in court documents. In today’s episode of the Shadow of Truth, we discuss the latest court documented evidence which confirms that silver market manipulation is standard operating procedure at the big banks who are supported by the taxpayers:

mining-stock-journal-header-borderUntitled

Party Like It’s 1999: The Stock Market Is A Propaganda Tool

The degree and level of propaganda now flowing from the Establishment and the Establishment-controlled mainstream media is on par with that of the old Soviet Politburo or German Third Reich.   In fact, I’d confidently propose that this point is incontestable.

With modern technology and regulations which have made Fed operations and accountability tragically opaque, I have zero doubt that the Fed and the Government have managed to turn the stock market into another propaganda tool.  Studies have shown that, over the short term, the direction of the stock market and consumer sentiment measures are highly correlated.

Thus, pushing the stock market a lot higher is a mechanism that can be used to influence the public’s sentiment and willingness to spend.  This is critical after an election in which the political party controlling Capitol Hill changes and – more important – during the holiday shopping season.

Without question the U.S. economy is beginning to quickly crumble.  If you “peel away” the manipulative techniques applied to the economic reporting it reveals that every segment of the economy is now contracting.  Even the factory orders report for October released  yesterday – which showed a 2.7% gain over September – is still down 2.3% YTD vs the same YTD period in 2015.  Strip away the transportation component and it’s down 2.7%.

With interest rates on the long end up over 100 basis points in a very short period of time, the Fed’s balance sheet has taken a big hit. It currently owns over $4 trillion in Treasuries and mortgage securities. Assuming an average duration of 10 years on its holdings, the market value of the Fed’s balance sheet has dropped 8.4%, or approximately $320 billion. As of this past Thursday, the Fed’s balance sheet showed $46 billion in book equity. If the Fed were forced to mark-to-market its fixed income holdings, the Fed’s net worth would be significantly negative – close to $300 billion negative. Think about that: the only thing backing the value of the U.S. dollar right now is the U.S. military and a Central Bank with a massive negative net worth.  – excerpt from IRD’s latest Short Seller’s Journal

Market intervention in this manner is an attempt to convince the public that the economic system is healthy and will be even healthier in the future.  As such it’s another subtle propaganda tool – a perception management device.   If the Fed were step away from the market, the stock market would rapidly re-price to reflect the true underlying economic reality.  In short, stocks would crash and concomitantly gold and silver would soar.

The Fed injected billions into the system in late 1999 ahead of Greenspan’s Y2k scare. It led to the biggest stock market blow-off top of all-time.The current market is quite similar, only the economic and financial fundamentals underlying both the public and private sectors of the system are far worse than they were in 1999.

The ONLY thing that can explain the move in the stock market since around 2:00 a.m. EST after the election is massive Fed stimulus in some form – either direct cash injections done in a format that won’t show up on the Fed’s balance sheet or a massive spike up in the availability of short term credit lines made available to banks and extended to hedge funds. There is no other explanation.

Today for example, the stock market is spiking higher AND bond prices are higher/yields lower. This makes absolutely no sense and can only be explained by official intervention of some sort.

Gold and silver will “sniff” this out and at some point I expect to see gold begin to move a lot higher and the dollar sell-off precipitously. I also expect that the Chinese are going to send their response to Trump’s inimical overtures on Twitter by accelerating their sale of U.S. Treasuries.

lf the same GAAP accounting standards used in 1999 to measure corporate earnings – the standards having been relaxed more almost every year since 2000 to enable companies to report higher GAAP earnings – were applied to today’s earnings numbers, we would see that the current stock market is by far the most overvalued in history.

This will not end well.

NATO, The Obama Government And Fake News

Here’s the identity of the entities behind PropOrNot:

Launched by a resounding article in the Washington Post, on 24 Novembre 2016 [11], a mysterious group entitled Propaganda or Not? established a list of de 200 Internet sites – including Voltairenet.org – who were allegedly tasked by the Kremlin with relaying Russian propaganda and intoxicating US public opinion to the point where they elected Donald Trump.

While Propaganda or Not? does not publish the names of its directors, it does indicate that it unites four organisations – Polygraph, The Interpreter, the Center for European Policy Analysis and the Digital Forensic Research Lab.

– Polygraph is one of the sites of Voice of America, the US public radio and television organisation controlled by the Broadcasting Board of Governors.
– The Interpreter is a magazine of the Institute of Modern Russia, now broadcast by Voice of America.
– The Center for European Policy Analysis is a pseudopod of the National Endowment for Democracy (NED) directed by Zbigniew Brzeziński and Madeleine Albright.
– And finally, the Digital Forensic Research Lab is a programme of the Atlantic Council.

In a document distributed by Propaganda or Not?, this pseudo-NGO, born of associations financed by the Obama administration, clearly names its enemy – Russia. It accuses Russia of having been the origin of the 9/11 Truth Movement and the Internet sites supporting Syria and Crimea.

On 2 December 2016, the United States Congress voted a law forbidding all military co-operation between Washington and Moscow. In the space of a few years, NATO has re-activated MacCarthyism.

You can read this entire article here:  NATO, The Obama Government And “Fake News”

I did a podcast with Elijah Johnson of Finance and Liberty/Silver Doctors in which we discussed the use of fake news and manipulated Government economic reports as totalitarian propaganda tools:  Orwell’s Thought Police In Real-Time.

Gold Manipulation, Propaganda And Totalitarianism

“I read Atlas Shrugged, Brave New World (+ Brave New World Revisited) and 1984 every ten years or so. Each time they are closer to reality.”  That comment was emailed in from a listener who offered the suggestion that the websites identified by Jeff Bezos’ “Washington Post” are Russian propaganda conduits should combine resources and sue the WashPo.  Apparently the proprietor of Nakedcapitalism.com, Yves Smith, has threatened the WashPo with a defamation lawsuit and has demanded a public retraction of the accusations put forth by Deep State insider, Jeff Bezos (see this for details on Bezo’s connection to the Deep State:  McCarthy’s Red Scare Redux).

The problem is that lawsuits of that nature do no good anymore.  We’re in the latter stages of “Atlas Shrugged.”  If you’re not part of the insider Government’s elitist circle, there is no Rule of Law.  If Yves takes up a collection to help fund her fight, we will gladly contribute but we don’t think fighting the trend is going to do anything other than pander to our ego. It’s false gratification that is embedded in the illusion that citizens can effect change.  Ask the people who are being honest with themselves if their vote for “change” worked in 2008…

In other words, there’s a movement toward totalitarianism set in motion now that can’t be stopped until it blows itself up.   History is pretty clear on this dynamic.   Look at the Bill being passed by the House that contains a section which opens the door for internet censorship.  If that Bill becomes a law, it will remove any legal standing to file suits like the one threatened by Yves. If she’s serious about filing a suit, she needs to file it before the Senate passes that legislation and before it’s signed by either Obama or Trump.

The movement toward Governmental totalitarian control gained traction when nobody put up any resistance to the increasing use of presidential Executive Orders.  Congress should have been livid but rolled over under a shower of special interest money.   The use of the Executive Order usurps Congressional and Judicial power and transfers it to the Executive Branch of Government and, specifically, to the Oval Office. It’s Rule of Man.

Just like the totalitarian creep, the use of propaganda by the Government is intended to assert control over the public’s perception.  The phony economic reports and the manipulation of the markets – especially the intervention in the stock  gold markets – are various forms of propaganda.  The economic fundamentals continue to deteriorate.  By just about every privately source economic data series the U.S. economy is contracting – i.e. in a recession.

If the Dow and the S&P 500 keep going higher and the price of gold is prevented from moving higher – and even though the economic fundamentals would suggest that stocks should be tanking and gold should be soaring – it sends the “message” that “maybe everything is better than it seems to me.”  Pure. Unadulterated. Propaganda.

In today’s episode of the Shadow of Truth, we discuss the use of propaganda and market manipulation as tools used by the Government to help it advance the movement toward to a totalitarian system as prophesied by visionaries like Orwell, Huxley and Rand:

Orwell’s “Thought Police” In Real-Time

“Fake news” accusations, preposterously manipulated Government economic reports (like today’s employment report), stock market intervention, interest rate and precious metals manipulation – these are all varying forms of propaganda tools that are implemented in an attempt to shape and control the public’s perception of events.  They are tools used to distort reality for the purpose of influencing the individual’s thought formulation.   It’s right out of Orwell’s playbook.

Elijah Johnson on behalf of Silver Doctors invited to me discuss the Government/elitists efforts to restrict free speech and to harness the public’s perception of reality.  While you may or may not be pleased with the President-elect, his surprise win over Clinton offers a ray of hope that the population at large is rejecting the movement toward Governmental totalitarianism:

mining-stock-journal-header-borderUntitled

Black Friday, Fake News And Gold

Black Friday and “Black Friday” weekend have largely become irrelevant.  Every retailer in the U.S., from auto dealers to furniture stores to online tennis apparel shops have been advertising “Black Friday” sales since November 1st.

We have no doubt that the Census Bureau will concoct phony holiday sales for November (reported December 14) and December (reported in January).   But the truth – the non-Russian influenced truth – is that retail sales spending per capita this holiday on an inflation-adjusted basis is going to be less than in 2015.

Already the National Retail Federation has announced that spending per person over Thanksgiving weekend was $289.19, down 3.4% from $299.60 last year.  Gallup released a survey of shoppers and determined that Americans intend to spend an average of $752 on holiday gifts this year, down from $830 in 2015.   Gallup, looking for a “silver lining” in the survey, stated that this matches the average for the last seven years since 2010.  Of course Gallup fails to note that on an inflation-adjusted basis, the number for 2016 would be significantly below the average.

Turning to the “fake news” witch hunt, Gallup blames the results above on unseasonally warm weather.  This is a perfect example of propagandized fake news.   The average household is spending less money this year because the real median household income is lower now than in 2007.  Consumers faced higher gasoline prices in October and November which cut into disposable spending budgets, as well as facing the prospect of huge increases in their health insurance premiums.

The establishment has implemented a full-court press in the hunt for “fake news” purveyors.  This is the clearest sign that the alternative media bloggers have touched the raw nerve of truth and the elitists do not like it.   The latest attempt is from Jeff Bezos’ Washington Post, which featured an organization called PropOrNot, which purports to use “manual and automated” analysis to determine that several hundred Alternative Media websites were “Russian propaganda outlets.”

If the Washington Post is reporting it, it must be authentic, right?  The truth is that this is nothing more than the rebirth of Joseph McCarthy’s 1950’s communist witch hunt – the Red Scare.   “McCarthyism” is defined as, “the practice of making accusations of subversion or treason without proper regard for evidence.”   It also means “the practice of making unfair allegations or using unfair investigative techniques, especially in order to restrict dissent or political criticism.

In truth, the U.S. Government is the biggest purveyor of fake news in an effort to control the flow of information made available to the masses and to coerce their perception of reality.  It’s yet another form and implementation of insidious propaganda in a manner quite similar to the use of propaganda by the Nazi Party.

Finally, there are many indications that the systematic and methodical take-down of the precious metals sector since mid-August has reached its limits.  Today, for example, the mining stocks experienced big rally on huge volume.  The volume in many stocks was triple the 10 and 90-day average volumes.

In today’s episode of the Shadow of Truth, we dissect some of the important events as they unfolded over the long Thanksgiving weekend and explain why we think gold has bottomed: