Posts Categorized: In The News

Posted by & filed under In The News.

Bill Holter’s Commentary

This is solid truth in a world of fake news and statistics…

Tiny Asian Nation Hoards Gold as Shield Against Trade War
June 19, 2018

What do you do when your two biggest trading partners are embroiled in economic standoffs with the U.S.? You buy as much gold as you possibly can.

At least that’s what Kyrgyzstan’s central bank is doing in a bid to protect itself from currency volatility in China and Russia. The central Asian nation hopes to grow the share of gold in its $2 billion international reserves to 50 percent from around 16 percent now.

“The rules of the game are changing,” Kyrgyz central bank Governor Tolkunbek Abdygulov, 42, said in an interview in the capital, Bishkek. “It doesn’t matter what currencies we have in our reserves; dollars, yuan or rubles all make us vulnerable.”

More…

Bill Holter’s Commentary

Seems like truth coming out might soon matter?

BUREAU BIAS? Top Republican Says FBI ‘Misled’ DOJ with ‘FALSE INFORMATION’
June 20, 2018

A top Republican lawmaker raised eyebrows throughout Washington this week, claiming there was “growing evidence” the FBI “edited and changed” information submitted to the Inspector General to avoid “prosecution.”

Freedom Caucus Representative Mark Meadows made the startling suggestion during his fiery address before Inspector General Michael Horowitz; slamming the bureau’s actions in the lead up to the 2016 race for the White House.

“The other thing that I would ask you to look into, there is growing evidence that 302s were edited and changed,” Meadows told Horowitz. “Those 302s, it is suggested that they were changed to either prosecute or not prosecute individuals. And that is very troubling.”

More…

Bill Holter’s Commentary

This would have meant jail time under our previous ruler? It should today…

Office Of First Lady Calls Secret Service After Actor Peter Fonda Calls For Barron Trump To Be Kidnapped
June 20, 2018

The Office of the First Lady has notified the Secret Service after actor Peter Fonda called for kidnapping Melania and Donald Trump’s son, Barron, The Daily Caller has learned exclusively.

In a tweet sent Wednesday, the actor called for Barron to be “ripped” from Melania’s arms and put in a cage “with pedophiles.”

More…

Jim Sinclair’s Commentary

BRAVO to those patrons that say in the most perfect way: “The “National Anthem” is not a “whom”.
The “flag” is for “which” it stands.
https://twitter.com/EmptySeatsPics

This Billboard In Texas Tells Liberals To Get Lost. After Backlash, It’s Coming Down
June 20, 2018

UPDATE: Since this story was first published, the billboard owner responded to a request for comment, saying that the billboard would be taken down and the client reimbursed, after media coverage and social media backlash to the sign’s message.

“Howdy, y’all,” is the folksy, welcoming greeting that has made Texas known for a relaxed, down-home charm over the years.

But that’s not the message motorists are getting from a billboard causing a stir on social media.

“Liberals,” the billboard reads. “Please continue on I-40 until you have left our GREAT STATE OF TEXAS.”

At least that’s what it will read until sometime Wednesday. Randy Burkett, who owns Burkett Outdoor Advertising and the sign, told McClatchy that after all the backlash and media attention the sign got on Tuesday and Wednesday, it would be taken down immediately.

“I was shocked that it traveled that fast,” Burkett said. “I believe in free speech, but this country is divided enough as it is. I’ve spoken with the client, and he’s agreed that it should come down. We’ll be reimbursing him.”

More…

CNN Star GASPS When Border Patrol Cop Drops Huge Truthbomb
June 20, 2018

The controversy surrounding illegal immigrant family separation has caused a mainstream media feeding frenzy this week — but when CNN tried to get in the middle of the action Tuesday, it blew up in the network’s face.

In fact, CNN star Brooke Baldwin tried to shame National Border Patrol Council spokesman Chris Cabrera over the harsh separation of illegal immigrant families. She tried to blame President Donald Trump and conservatives for the story that’s just now gained national attention.

Instead, Baldwin was left gasping when she learned the harsh truth about the U.S. border.

Cabrera was prepared for CNN and quickly flipped their script — and in the end, Baldwin was thanking him for his service to our country.

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

Is the rule of law making a comeback?

Turley: Sessions’ Appointing Utah Federal Prosecutor Much Better for Trump than 2nd Special Counsel
March 31, 2018

WASHINGTON, DC – Professor Jonathan Turley, a top national legal expert on government investigations, commented on Thursday about Attorney General Jeff Sessions’ decision to bring in U.S. Attorney John Huber. Turley called it “brilliant”to combine all the powers of the U.S. Department of Justice’s inspector general with a prosecutor who can bring charges, seek indictments, and get results for President Trump far more quickly than a second special counsel.

Turley is a law professor at George Washington University, who attained national fame during the 1998 impeachment of President Bill Clinton as a top legal authority on special counsels and congressional investigations of government wrongdoing, including criminal wrongdoing. His reputation has only grown during the intervening 20 years, as he has weighed in on scandals and investigations of public officials from both political parties.

More…

 

Posted by & filed under In The News.

Cryptocurrencies: Looking Beyond The Hype
June 17, 2018

Abstract

Cryptocurrencies promise to replace trusted institutions with distributed ledger technology. Yet, looking beyond the hype, it is hard to identify a specific economic problem which they currently solve. Transactions are slow and costly, prone to congestion, and cannot scale with demand. The decentralised consensus behind the technology is also fragile and consumes vast amounts of energy. Still, distributed ledger technology could have promise in other applications. Policy responses need to prevent abuses while allowing further experimentation.

More…

Jim Sinclair’s Commentary

Who cares if Iran blows us all to hell in ten years and one day after this non-signed agreement was supposedly agreed to? Money talks and the insane do not walk. Slavery to Mammon is how societies disintegrate over time, but this occurrence will be in one big bang.

Every nuclear capable entity has a dooms day plan

EU Is Taking Steps To Protect Companies In Iran
June 11, 2018

The European Union is taking steps to protect EU companies investing in Iran from renewed U.S. sanctions on Tehran after U.S. President Donald Trump pulled out of the 2015 nuclear deal.

According to an article published by New Europe weekly on Monday, the European Commission said it has adopted an update of the Blocking Statute and of the European Investment Bank (EIB)’s External Lending Mandate. The move follows up on the informal Leaders’ Meeting in Sofia, as well as the Commission’s announcements of May 18.

“These measures are meant to help protecting the interests of EU companies investing in Iran and to demonstrate the EU’s commitment to the Joint Comprehensive Plan of Action (JCPOA),” the Commission said in a press release.

“The European Union is fully committed to the continued, full, and effective implementation of the JCPOA, so long as Iran also respects its obligations. At the same time, the European Union is also committed to maintaining cooperation with the United States, who remains a key partner and ally,” the Commission said.

More…

Bill Holter’s Commentary

A definitive list defining the definition of fake news…can you imagine the shrills if such fakery was pointed at our previous king or queen?

50 Media Mistakes in the Trump Era: The Definitive List
June 10, 2018

We the media have “fact-checked” President Trump like we have fact-checked no other human being on the planet—and he’s certainly given us plenty to write about. That’s probably why it’s so easy to find lists enumerating and examining his mistakes, missteps and “lies.”

But as self-appointed arbiters of truth, we’ve largely excused our own unprecedented string of fact-challenged reporting. The truth is, formerly well-respected, top news organizations are making repeat, unforced errors in numbers that were unheard of just a couple of years ago.

Our repeat mistakes involve declaring that Trump’s claims are “lies” when they are matters of opinion, or when the truth between conflicting sources is unknowable; taking Trump’s statements and events out of context; reporting secondhand accounts against Trump without attribution as if they’re established fact; relying on untruthful, conflicted sources; and presenting reporter opinions in news stories—without labeling them as opinions.

More…

Posted by & filed under In The News.

GOP Will Hit FBI, DOJ With ‘Full Arsenal Of Constitutional Weapons’ If They Don’t Comply With Subpoena, Gowdy Warns
June 17, 2018

House Oversight Committee Chairman Trey Gowdy told “Fox News Sunday” that House Speaker Paul Ryan led a meeting Friday night with senior members of the DOJ and FBI, and made it clear that “there’s going to be action on the floor of the House this week if FBI and DOJ do not comply with our subpoena request.”

The House Judiciary Committee has requested more than a million documents from the FBI and DOJ relating to the Hillary Clinton email probe, the firing of former top FBI official Andrew McCabe, and reported surveillance of a Trump aide during the 2016 presidential election.

But Republicans have accused the DOJ and FBI of stonewalling and intentionally impeding their investigation, despite the agencies’ claims that fulfilling the request requires a careful review of the sensitive documents.

Gowdy, R-S.C., said the GOP’s action could involve “the full panoply of constitutional weapons available to the people’s house.”

More…

 

Posted by & filed under In The News.

Judge Orders Paul Manafort Detained Amid Witness Tampering Allegations
June 15, 2018

Updated at 12:31 p.m. ET

A federal judge ordered Donald Trump’s former campaign chairman, Paul Manafort, to jail on Friday following allegations by prosecutors that he tampered with witnesses in his case.

“You’ve abused the trust placed in you six months ago,” said Judge Amy Berman Jackson. “I thought about this long and hard, Mr. Manafort. I have no appetite for this.”

But Berman Jackson said she could not turn a blind eye to the charges that Manafort had attempted to contact witnesses in his case after he was on bail.

The judge said Manafort had not committed physical violence but rather had harmed the community.

“The harm in this case is the harm to the administration of justice, the harm to the integrity of the justice system,” Berman Jackson said.

Manafort was led out of the courtroom by security officers; he was not handcuffed. As he approached the courtroom door, he waved to his wife, Kathleen, who nodded to him. Friends hugged Kathleen Manafort as her husband was taken out of court.

More…

Posted by & filed under In The News.

Jim Sinclair’s Commentary

I feel like Diogenes looking for an honest man in Government, the FBI or DOJ.

Seen any lately?

clip_image001

James Comey Faces Justice In A Few Hours (He’s Very Nervous!)
June 14, 2018

It’s something the American people have been demanding for months — and Thursday it will finally be revealed.

The Justice Department’s internal watchdog is expected to slam the FBI’s handling of the Hillary Clinton email investigation, stepping into a political minefield while examining how a determinedly nonpartisan law enforcement agency got itself entangled in the 2016 presidential race.

The inspector general’s report is set for release Thursday afternoon. It’s likely to be painstakingly detailed, the culmination of an 18-month review into one of the most consequential FBI investigations in recent history.

President Donald Trump will look to the inspector general report to provide a fresh line of attack against two former top FBI officials, former Director James Comey and his deputy, Andrew McCabe, after a politically tainted bureau tried to undermine his campaign and, through the Russia investigation, his presidency. Trump will almost certainly use the report to validate his firing of Comey last year.

More…

Bill Holter’s Commentary

Some very serious food for thought from Hugo Salinas Price.

Multi-Billionaire Hugo Salinas Price – Trump May Shock The World By Putting U.S. Back On Gold Standard
June 14, 2018

With the dollar surging hand-in-hand with the price of gold, today Multi-billionaire Hugo Salinas Price warned that U.S. President, Donald Trump, may be moving the United States back to the gold standard.

Trump Moving US Back To Gold Standard?

June 14 (King World News) – Multi-billionaire Hugo Salinas Price: Way back in 1995, when Mexico was in the throes of another financial crisis, I figured out the problem of the existing world’s monetary system, based on the paper dollar as the fundamental currency of the world…

In my ignorance, I did not know that a man named Triffin had already pointed out that problem, which became known as “Triffin’s Dilemma”.

The problem is really very simple:

If the dollar – such as it is – is going to be the basis of the world’s monetary system, and therefore required by all Central Banks as Reserves, there is only one way that these CBs can obtain those Reserves: their countries are forced to undersell all US producers, in order to be able to sell more to the US, than they buy from the US. The difference between the dollars they get from sales, is more, than the dollars they spend to buy from the US. That difference – known as the US Trade Deficit – flows to the CBs of the world and swells their Reserves.

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

Chris Powell and Harvey Organ gig the Comptroller of the Currency, Joseph M, Otting. Not that this will do anything more than past GATA efforts but you can add Mr. Otting’s name to the list of those who cannot say “we did not know”…

GATA Asks Bank Regulator To Check Risks Of Gold Futures Maneuver
June 10, 2018

GATA has appealed to the U.S. comptroller of the currency, who has regulatory authority over banks, to review financial risks certain banks may have incurred through derivatives in the monetary metals markets, particularly through the recent heavy use of the “exchange for physicals” mechanism of settling gold and silver futures contracts on the New York Commodities Exchange.

The appeal was made in a letter sent May 5 to the comptroller, Joseph M. Otting, whose office is part of the U.S. Treasury Department, by your secretary/treasurer and GATA futures market consultant Harvey Organ.

“Exchange for physical” settlements of futures contracts long were considered emergency procedures when a seller was not able to deliver metal from an exchange-approved warehouse and wanted to settle with delivery elsewhere. But now such settlements appear to constitute most gold and silver futures settlements on the Comex. It is a strange development that appears to have been necessitated by the increasing difficulties of central banking’s gold and silver price suppression policy.

GATA has received no acknowledgment of the letter. Its text is below and a PDF copy of it is here:

http://www.gata.org/files/ComptrollerOfCurrencyLetter.pdf

More…

Posted by & filed under In The News.

Jim Sinclair’s Commentary

There once was a Kingdom of Gold by the name of Switzerland but that is far – far away. $600 million is a drop in the bucket compared to all the modern leverage washing around the once grand country of Switzerland.

Swiss Government Pension Fund To Buy Gold Bars Worth Some USD 600 Million
June 7, 2018

Swiss Government Pension Fund Allocating 2% Of Pension Fund To Gold Bars

via IPE Quest

The Swiss government pension fund, Switzerland’s AHV/AVS fund, has decided to diversify into physical gold bars in their substantial CHF35.2bn (€30.5bn) pension portfolio.

At the end of last week the first pillar buffer fund tendered a custodianship and storage for CHF 700m (EUR 600m / USD 700m / GBP 525m) in gold bars via IPE Quest.

More…