Hey Silver Bugs! Be Cool, Honey Bunny

By Dominique de Kevelioc de Bailleul

As silver stackers await Fed Chairman Ben Bernanke speech at Jackson Hole, the German high court ruling on the constitutionality of funding the ESF, the Sept. FOMC meeting, the likely invasion of Syria, and this year’s expected October surprise, it may be time for a little advice, especially to newcomers of the silver market.

What ever happens to the price of silver in the coming months, just be cool, Honey Bunny.

The day will come when silver stackers witness what happens to the plans of evil men, who arrogantly attempt to steal from the righteous, wage war in their name, and even rob their small-town restaurants.

And that day will come when the righteous live to bask in the glory of the great silver liberation and seek vengeance on said small-restaurant robbers.  So, whatever happens from now until the November election, be cool, Honey Bunny, be cool.

During the final scene of the movie, Pulp Fiction, Jules explains:

Jules: . . . You read the Bible?

Pumpkin: Not regularly.

Jules: Well there’s this passage I got memorized—Ezekiel 25:17.

“The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother’s keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you.”

I been sayin’ that shit for years. And if you heard it, that meant your ass. I never gave much thought to what it meant. I just thought it was some cold-blooded shit to say to a motherf**** before I popped a cap in his ass.

But I saw some shit this mornin’ that made me think twice. See, now I’m thinkin’: maybe it means you’re the evil man. And I’m the righteous man. And Mr. 9mm here, he’s the shepherd protecting my righteous ass in the valley of darkness. Or it could mean you’re the righteous man and I’m the shepherd and it’s the world that’s evil and selfish. And I’d like that.

But that shit ain’t the truth. The truth is you’re the weak. And I’m the tyranny of evil men. But I’m tryin’, Ringo. I’m tryin’ real hard to be the shepherd.

Whether you succumb to the temptations of becoming the tyranny of evil men, or not, or truly become a shepherd, remember to hold on to that silver, stack that silver, and guard that silver.

It is Bernanke who is the weak one; he’s the one who sweats.  And that’s the undeniable truth.

But, the silver stacker . . . he’s cool, very cool—like Fonzie.

Marc Faber Agrees, ‘Get the Hell Out’

By Dominique de Kevelioc de Bailleul

The message to investors should be most clear by now: Quickly get your cash out of financial institutions and buy some gold.

“It’s very dangerous to put everything in cash with MF Global or another financial institution, because I’m not too sure about the law . . . if the law will protect you as a depositor or an account holder,” editor of the Gloom Boom Doom Report Marc Faber tells Bloomberg.

Whether the messenger comes way of an up-straight and straight-up N.Y. City Italian, an exiled American living in Central America, a young woman totting firearms and a Bible, or an eccentric Swiss-born money manager living in Chiang Mai, Thailand, each warn investors and savers that cash on account is not safe at financial institutions—no matter how much the FDIC or SIPC insures.

Gerald Celente, Jim Willie, Ann Barnhardt and, now, Marc Faber warn the runs on Greek, Spanish, Italian and several Eastern European banks will eventually come to the U.S.  And if investors and savers think they’re covered in the event of a failure, a media-downplayed ruling by United States Court of Appeals for the Seventh Circuit of Aug. 9, regarding the bankruptcy case of Sentinel Management Group, too many will come to know that their cash is most definitely exposed to what many say is legal theft.

“The system is rigged. . . if you don’t have it [assets] in your possession, you don’t own it,” said Celente, following word that his commodities brokerage account was seized in Jon Corzine’s MF Global bankruptcy of Oct. 31, 2011.

“JPM has seen fit to gobble private accounts at both MF Global and PFG-Best, with regulatory blessing as the courts sprinkled fascist holy water,” writes Jim Willie of the Golden Jackass newsletter.

“If you don’t understand what ‘get the hell out’ means, there’s not much I can do for you,” Ann Barnhardt commented, after hearing of the Seventh Circuit of Appeals ruling.

In the case of Sentinel, its creditor, BNY Mellon, contended that its secured loan with the Chicago futures brokerage firm takes priority over other loans which may have been secured by Sentinel’s pledge of allocated accounts.

“The appeals court affirmed an earlier district court ruling that the bank had a ‘secured position’ on a $312 million loan it gave to Sentinel, which turned out to have been secured by customer money,” according to Reuters of Aug. 9.

“I don’t think that’s what the Commodity Futures Trading Commission had in mind” with its requirement that brokers keep customer money separate from their own,” Reuters quoted Sentinel trustee Fred Grede.

“It does not bode well for the protection of customer funds,” he added, “I’m sure Mr. Corzine’s attorneys will get a hold of this ruling and use it for all it’s worth.”

Other than strongly recommending that idle cash be removed from U.S. banks and broker-dealers, Faber says investors and savers, alike, should hold some gold to protect their savings from another insidious means of ‘institutional’ theft in store from them in the future: the loss of purchasing power of their Federal Reserve notes.

“I think they [Fed] will print money and that eventually everything will become more expensive. . . and I would hold some gold . . . and I would hold some equities,” he says.

“And I happen to think that one day a lot of corporate bonds will have a higher credit rating than the U.S. government [bonds],” he adds, which coincidentally comes on the same day as another Bloomberg interview with credit rating agency Fitch, who warns the U.S. Treasury of an impending downgrade, if Congress cannot outline plans sometime in the first half of 2013 to narrow a $1.3 trillion annual budget deficit.

Fed to Crash Markets Before Launching QE3

By Dominique de Kevelioc de Bailleul

Desperate to print Wiemar-style to fight off the most viscous Kondratiev Winter on record, Federal Reserve Chairman Ben Bernanke may not satisfy ‘inflation trade’ onlookers at the close of his Jackson Hole speech scheduled Friday.  He may, instead, merely allow months of anticipatory front-running of stocks do the work of propping up asset prices for him.

And if investors don’t get the ‘all-systems go’ at Jackson Hole, there’s always the FOMC meeting of Sept. 12 & 13 to get the good news.  That’s when market volatility could move off the charts, maybe extreme volatility to the downside, according some Wall Street analysts.

“With the equity market pricing in a significant chance of QE3, stock prices are no longer as useful a signal to Fed officials. Should the Fed disappoint at its September policy meeting, the risk of a stock sell-off is high,” Bank of America Merrill Lynch analysts wrote in a note to clients, Aug. 21.

“Some in the markets think that the Fed effectively targets equity prices, meaning that to predict Fed policy, one merely needs to track the U.S. stock market,” the analysts add.  “There is a curious circularity to this view, however: the Fed will not launch QE3 so long as stock prices are high, yet the stock market is high because it anticipates QE3.”

The old adage on the Street, ‘buy the rumor, sell the fact’, may be at play here. But if Bernanke plays too-hard-to-get with investors in the coming weeks, a nasty fall could be in store for the Fed chief—a fall that could outright overwhelm the NY Fed’s PPT and result in a stock market plunge akin to the Crash of 1987.  Maybe.

The chart of the S&P 500, Spanish IBEX 35 and Chinese SSEC shows the gaping chasm between U.S. stocks and two indexes represented by two economies with, again, divergent outlooks.  Spain’s fiscal outlook in coming years isn’t much different from the federal budget outlook for the U.S., while the Chinese $3 trillion war chest of reserves couldn’t be in a better relative position to survive the righting of the bogus ‘World is Flat’ global agenda.

Would Bernanke risk a market meltdown that snaps the notion of an eternal ‘Bernanke put’?  Is he that confident that the remaining holdouts of an obviously rigged market will plunge the world economy into the anticipated financial Armageddon—before a U.S. presidential election?

The answer may be a shocking, even cockamamy—YES and YES!  And it may not be that much of a risk.  A surprise ‘not yet’ to further money printing at Jackson Hole and the FOMC meeting could be forthcoming.

Consider the geopolitics in the Middle East, and contemplate the dire political tug-o-war between Israel’s Prime Minister Benjamin Netanyahu and U.S. President Barrack Obama regarding Iran.  Netanyahu insists military action against Iran be taken before the U.S. election in November, while Obama remains adamant that the issue surrounding Iran must wait until after the election—a stand which probably infuriates the warmongering neocons and bankers, who have since put their stock on Republican candidate for president Mitt Romney as their next bankster puppet.

And the white-hot ambitious, some say, narcissistic, Romney won’t be taking any chances leading up to what is expected to be a close election, if recent polls serve as a guide.  He may need a little help from a financial catastrophe to convince enough voters that they may have to believe in a different kind of change.

But first, Romney must take the pledge—for the record.

Jul. 29, he told a gathering of Israelis in Jerusalem:

“We serve the same cause and we provoke the same hatreds in the same enemies of civilization. It is my firm conviction that the security of Israel is in the vital national security interests of the United States . . .

“Israel and America are, in many respects, reflections of one another.  We both believe in democracy, in the right of every people to select their leaders, and choose their nation’s course. We both believe in the rule of law, knowing that in its absence, willful men will be inclined to oppress the weak. We both believe that our rights are universal, granted not by our government, but by our creator.”

Later in the speech, Romney spoke the magical words that signaled the Netanyahu regime that he, not Obama, is your man.

Stopping Iran from acquiring nuclear weapons “must be our highest national security priority” and “we must use any and all measures” to destroy that capability.

“Containment is not an option,” Romney added.

And because “both men [Obama and Netanyahu] share a deep dislike and distrust of each other,” writes Anshel Pfeffer of the leftist Israeli newspaper Haaretz, the Israeli and Anglo-American mutually aligned partnership in the petrodollar wars must not be jeopardized by a Commander and Chief not willing to do what’s necessary, in the eyes of the neocons, of course.

Therefore, Obama must go, leaving the banking cartel’s lead man at the Fed, Bernanke, to continue manipulating the markets, but this time, to the downside to throw the game for Romney and the neocons at this critical moment (for Israel) in the Middle East.  Bernanke can always come in with a bazooka money blast and ‘make things better’ for Wall Street while putting that one last lid on the gold price (maybe) before the out-of-control launch of the yellow metal truly begins during the first year of a Romney first term.

“If the S&P drops 150 or 200 points, you can be sure that there will be more QE, not only QE3 but QE4 and so forth,” Swiss money manager Marc Faber tells GoldSeek Radio this past weekend.

But, not to worry. QE is coming, but a little politics comes first to nail down decades-long geopolitical strategy in the oil patch concerning a much bigger war between the U.S., Russia and China regarding the U.S. dollar and the gold price.

Though Faber doesn’t speculate on the upcoming Fed actions, he does state “it’s premature to say that this a genuine breakout” in gold and silver, and I “say that with great confidence.”

“Market Shock” Coming This Fall: UK Telegraph Sources

By Dominique de Bailleul

“I think we are heading for a market shock in September or October that will match anything we have ever seen before,” an unnamed source at a major European bank told the U.K Telegraph, Friday.

With the fear of, yet, more war—especially with Iran, a likely spark for WWIII —liquidity-trapped central bankers, political squabbling within German and between eurozone members over the fate of the euro, solid evidence of a global economic catastrophe lurking, and a nasty U.S. presidential election between two grotesque candidates nearing, any hopes of consumer spending or capital formation to come to the aid of an insolvent banking system has already been thoroughly discounted in the price of the bank stocks.

And of course, it was the smart money skipping town during the two-year-long phony ‘rebound’, leaving the inevitable ‘act II’ of despair to the retail investor and captured institutionals as the usual bag holders.

“A more severe crash than the one triggered by the collapse of Lehman Brothers could be on the way,” according to the Telegraph journalists, Harry Wilson and Philip Aldrick.

Contrary to the paid cheerleaders of U.S. economy, no one is in the mood to commit to anything productive or able to consume the products (if he could) during the most tumultuous times since the Great Depression, leaving the middleman, the banks, with nothing to do.

“The problem is a shortage of liquidity – that is what is causing the problems with the banks.  It feels exactly as it felt in 2008,” a senior London-based banker told the Telegraph.

Whether the problem is a shortage of liquidity or an abundance of banks with an overabundance of bad assets, several very big banks are on the brink of failure—again.  And all the banker insiders know who is who, and who isn’t going to make it unless the money printing and bailouts increase more rapidly—and soon.

This time, the world’s no. 1, 5 and 10 ranked European banks (by assets) are in trouble, with combined assets totaling $7.6 trillion.

“Credit default swaps (CDS’s) on the bonds of Royal Bank of Scotland (no. 10), BNP Paribas (no. 5), Deutsche Bank (no. 1) and Intesa Sanpaolo, among others, flashed warning signals on Wednesday,” stated the Telegraph.

The article goes on to quote that the CDS rates on RBS paper reached record highs, Wednesday, surpassing the spike premium paid during the height of the global financial meltdown of October 2008.

So, ‘act II’ of the global financial crisis is about to begin, just as George Soros had warned.  According to Soros’ SEC 13-F (ending Jun, 30), the billionaire insider reported selling all of his fund’s banking sector shares, and showed his appetite for holding gold increased markedly.

Therefore, the question doesn’t appear to be whether the Fed will be there to save the U.S. banking system (it will), the question is whether the ECB will be allowed to copycat the Fed.  We’ll know on Sept. 12, when the German high court rules on the constitutionality of participating further in eurozone bailouts.

And a further question is: when will the central banks overtly announce more easing?  Will the ECB (assuming Germany somehow gives it the green light) and the Fed wait for something to ‘break’ before acting, or will the central bankers preempt the inevitable collapse?

We’ll find out in September and/or October.  In the meantime, there are always the black and gray swans of war (or something out of the blue) to further complicate any expectation of a direction to these markets.

Source: UK Telegraph

Get Your Money Out of Morgan Stanley—Fast!

By Dominique de Kevelioc de Bailleul

With the stock price of Morgan Stanley (NYSE: MS) inches from its Armageddon lows of Oct. 2008, whispers of the imminent overnight collapse of this U.S. broker-dealer begin to surface.  Client funds, again, are at risk.

“I’m hearing rumors that another major financial house is going to implode,” says TruNews host Rick Wiles.  In fact, the name I’ve been given is Morgan Stanley . . .

“It’s going to be put on the sacrificial alter by the financial elite.”

Beyond the evidence of a teetering stock price—Morgan Stanley’s troubles may never go away—leading to bankruptcy, if traders can glean anything from the financial activities of front-running insider George Soros, the man who warned in Jun. 2010 that the global financial crisis has entered “act II.”

According to Soros’ 13-F filing (ending Jun. 30) with the SEC, the billionaire financier reported that his fund sold nearly all shares of JP Morgan, Goldman Sachs and Citigroup—not paring back his holdings of financials, but completely dumping them.

And, as if to yell that the F.I.R.E economy is, indeed, on fire, the 82-year-old Soros also reports loading up on gold—adding a bit of poetry to Charlie Munger’s bizarre comment (1) in reference to investors who seek out gold in times of trouble.

Well, Soros’ act II has yet to crescendo to its tragic end, but “when a major global player with direct ties to the White House, Wall Street, and the banking system starts off-loading stocks and starts stacking gold, it suggests a very serious market move is set to happen,” says blogger Mac Slavo.

Adding to the speculation of a Morgan Stanley collapse, Bloomberg coincidentally pens an article on Aug. 23—the following day of the TruNews broadcast—in which the author Bradley Keoun recounts the dark days of Morgan Stanley at the height of act I of the financial crisis in 2008.

“At the peak of Morgan Stanley’s Fed borrowings, on Sept. 29, 2008, the firm reported that liquidity was ‘strong,’ without mentioning how dependent its cash stores had become on the government lifeline. . .” states Keoun.

“Neither Morgan Stanley nor its competitors in prime brokerage – Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM), Citigroup and Credit Suisse Group AG – disclose the size of their hedge-fund balances, leaving shareholders dependent on regulators who previously failed to rein in the risks. [Emphasis added]

But here’s where strong advice from Trends Research Institute founder Gerald Celente and former commodities broker Ann Barnhardt should be heeded.  Both consumer-friendly analysts implore investors and savers, alike, to withdraw from the financial system, warning that allocated brokerage accounts are not truly allocated. (2)

Bloomberg’s Keoun goes on to quote a former Financial Accounting Standard Board (F.A.S.B) member Adam Hurwich, who states, “It [Morgan Stanley's balance sheet] remains a black box,” referring to Morgan’s disclosure of whether allocated accounts at the firm have been re-hypothicated.

Regulators were asleep at the switch in the cases of MF Global and PFG Best, both filing bankruptcy post 2008, taking customer funds with them to the financial grave.  Why not Morgan Stanley?

“They don’t give you the information to be able to decipher whether they have changed anything,” adds Hurwich.

“Prime brokerage was presumed to be a pretty secure business, where the funding was not actually part of the liquidity of the bank,” Bloomberg quotes Frank Suozzo, president of FXS Capital LLC. “So if clients pulled their money out, the view was that money had not been lent out, so the cash would have been sitting there able to hand over. It turns out that that was not entirely correct.”

As the financial community found out in the case of MF Global, “prime brokers were able to reuse clients’ assets to raise cash for their own activities,” according to the financial crisis commission report, published Jan. 2011.

That’s a big red flag for investors to close their accounts with their brokerage firm—fast, especially accounts held at Morgan Stanley.

Why an establishment cheerleader such as Michael Bloomberg would allow an article which serves to remind investors of Morgan Stanley’s financial problems at this time may lend some credence to Rick Wile’s sources, who hear chatter about the impending doom of Morgan Stanley.

Like financial systems that could not be saved in the past, the banks must be then consolidated—that done, of course, after the bankruptcy, where the small investor gets wiped out and the ‘system’ acquires the remaining performing assets of the carcass.

The timing of the Bloomberg article is no coincidence.  Michael Bloomberg is only doing his part for the global banking cartel by tipping off that Morgan Stanley is ready for the “sacrificial alter.”  Get your money out.

(1) In early May, Munger told CNBC, “I think gold is a great thing to sow in to your garments if you’re a Jewish family in Vienna in 1939, but I think civilized people don’t buy gold.”  George Soros is a Jew, living in Hungary during the rise of the Third Reich.

(2) You can’t trust anybody and the entire system is collapsing.  What’s the takeaway from this?  It’s to make sure you have every penny in your pocket. —Gerald Celente, after losing 20 percent of his allocated brokerage account with MF Global.

“If you don’t understand what ‘get the hell out’ means, there’s not much I can do for you.” —Ann Barnhardt, after reviewing an appeals court ruling in the case of Sentinal Management Group, ruling that clients funds can be used to settle secured loans initiated through the banking industry.

Silver $150, “This Will Happen,” Says Swiss Money Manager

By Dominique de Kevelioc de Bailleul

If there was ever a sleeper asset poised to moonshot, it is silver.  And $150 is the target price for the white metal on this next major move higher, says Swiss money manager Egon von Greyerz

“We could see those levels ($4,500 – $5,000 on gold) within a year and possibly much faster,” von Greyerz tells King World News, Thursday.  “This autumn we are going to have a very strong move.

“If we look at silver, silver is going to move a lot faster than gold.  The same technical target for silver is $150.  That would move the gold/silver ratio down to 30/1.”

With PIMCO’s bond king Bill Gross going on the record today on CNBC, saying an open-ended quantitative easing program by the Fed is all but a “done deal”, silver investors can expect, not only a massive and unprecedented short squeeze in the silver market, but momentum traders and value-based accumulators hopping on board the silver bullet, as well—a veritable trifecta of rocket fuel presently under-appreciated by the casual investor, according to von Greyerz.

A move in the silver price, from $30 to $150, is “hard for investors to comprehend, but this will happen because we have had an energy building up in these markets for almost a year,” von Greyerz continues.

von Greyerz outlook for the silver price is, indeed, the most optimistic of King World news legion of forecasters, but the chart shows that his assessment has much technical evidence to support his thesis, given the fundamental backdrop of bizarre monetary and fiscal policies endemic to both major reserve currencies, the dollar and euro, which, together, comprise 89 percent of all global currency reserves.

Consider the ramifications of two formally announced QE’s by the Fed and the response exhibited in the silver market since the fall of Lehman Brothers in Sept. 2008.  Silver’s eye-popping move of 486 percent, to a few cents of $50 in late April 2011, from an intraday low of approximately $8.50 at the height of global market hysteria in Oct. 2008, captivated the global financial community to such an extent that, even CNBC couldn’t ignore the story—a sure sign of an intermediate top was in for the price.

Today, after months of relentless hype of a European collapse, not only has the euro held up well against another ‘flawed currency’, the dollar, but the silver market revealed to those in the bullion business the underlying extraordinary demand for the physical product buried underneath the dormant price action.

That disconnect between demand and the JP Morgan price suppression scheme will prove again that Gresham’s Law is alive and well—too well, in the case of silver, as investors will come to see.

 

“So the coming move is going to be spectacular,” Greyerz speculates.  “The ascent is going to be mind boggling.”

If the 486 percent move in the silver price within 30 months is used as a guide to the potential of the next phase in that market, a base of $27.50, formed, tested, and retested over and over during the most recent 16-month consolidation, a similar move takes the silver price to $161.

Is $150 for an ounce of silver unreasonable on top of a backdrop of countless trillions of dollars pumped into the banking system, on both sides of the Atlantic?  Of course, the answer is: it is not.  A better question is: how long will it take before silver reaches $150?  Greyerz suggests 12 months, maybe earlier.

Mystery Surrounding 1.2 Billion Rounds of Ammo Solved

By Dominique de Kevelioc de Bailleul

The mystery surrounding the purpose for the U.S. government’s procurement of 1.2 billion rounds of hollow-point ammunition just got a boost Tuesday.

On the heels of an article penned by Major General Jerry Curry (Ret.), titled, Who Does The Government Intend to Shoot?, a piece written by a retired U.S. general who questions the bizarre series of monstrous ammunition by unlikely agencies of the federal government, host Rick Wiles of TruNews Radio (Aug. 22) revealed to his listeners the answer to the mystery of the billion bullets.

After years warning of the out-of-the-blue presidential candidacy of Barrack Obama, Wiles appears most certain, again, that a powerful connection can be made between information he’s received from a high-level informant at Department of Homeland Security (DHS)—regarding the approximately 20,000 Russian commandos suspected of legally entering the U.S. from Canada—and conversations he had with an old acquaintance, the famous Russian spy of the old Soviet Union era, Colonel Stanislav Lunev.

“Colonel Stanislav Lunev told me, personally, years ago—he said, the Russian military strategy is, that, we [Russians] will strike so hard [at the U.S.], that there will be such shock, that the American people will surrender,” Wiles recalls, during a conversation he had with the spy over a several-day period in 1999.

“He was not talking about a nuclear, chemical [or] biological attack; he was talking about commandos in the country [U.S.].  He said . . . this is what he said, Spetznazs, which are the Russian commandos. . .

“He said, they have the names addresses of every member of Congress, and the Senate, their wives, their children, the school that they go to, all the cabinet members, all of the head officials in Washington, all the officials in state governments.  And he said, they will all be assassinated, quickly.”

From 1988 through 1992, Lunev, the highest-ranking Russian KGB spy to defect to the United States, explained to American authorities that he was deployed by Moscow to actively seek strategic locations within America for the launching of biological, chemical and suitcase-size nuclear devices in the event of a hot war between the two superpowers.

Though, initially thought to be fantastic tales told by a trained professional of deception, Lunev’s seemingly incredulous assertions of an elaborate plot to attack America from within was later confirmed by former SVR officer Alexander Kouzminov, who stated in his book, Biological Espionage: Special Operations of the Soviet and Russian Foreign Intelligence Services in the West, the Soviet Union  “was the only country in the world that could start and win a global biological war, something we had already established that the West was not ready for.”

According to Wiles, Lunev “said there will be a massive decapitation of the American government from top to bottom in a matter of days, and we [Russians] will put the country into a state of shock.

“That, he said, is the official strategy, and that’s what they [leaders in Moscow] plan to do, and, he said, it has never changed.” [emphasis added].

And here’s why the U.S. has procured 1.2 billion rounds of hollow-point ammunition, according to Wiles.  Moreover, according to him, the Russians appear to be correct in their assessment: the American people are so distracted by lives of entertainment, of consumption and of derelictions of civic duty, that the Russian plan to destroy America from within is quite achievable.

“Let’s not forget that the real person running [Department of] Homeland Security is not Janet Napolitano, it is Valarie Jarrett, the communist,” Wiles explains.  “And her father-in-law was Vernon Jarrett, who was a close confidant of Frank Marshal Davis, Barrack Obama’s communist mentor.

“And so, I’m going to continue to say on this radio program that, I believe Valarie Jarrett and David Axelrod, and these other commies are the real architects of this sinister plan to stockpile 1.2 billion rounds of ammo throughout the country.

“That it is not for law enforcement; it is to be turned over to a communist revolutionary army in this country.”

Wiles goes on to say that most Americans don’t realize that President Barrack Obama is a communist.  “They don’t know it,” and “they don’t care,” says Wiles.

But, when the communist takeover is unleashed, presumably by a false-flag event or dollar devaluation, the American people will be in shock, he adds, just as Russians were shocked by the Bolshevik revolution and the rise of Joseph Stalin, the man who’s credited with the extermination of approximately 80 million Russians during his reign.

“An old fashion communist revolution is on the way,” says Wiles, suggesting, too, that that fact will become apparent soon enough, executed very quickly, and will shock, yet, another nation along history’s many roads to Communism.

It’s “Worth Nuclear War” to Save the Dollar

By Dominique de Kevelioc de Bailleul

“Both parties are driven by the neoconservatives (“neocons”) who believe that American hegemony over the world is worth nuclear war to accomplish,” states former Asst. Secretary of Treasury and Reagonics architect Paul Craig Roberts in his latest blog post of Aug. 20.

In his post, titled, Amerika’s Future is Death, the 73-year-old former Washington elite-turned-willful-outcast warns readers of fantastic tales circulating American culture, which are meant to serve as an explanation for the economic and social chaos swirling violently within the U.S., including talk of secret Bilderberg meetings, covert plans for a New World Order, and accusations of a crazy cabal of neocons hellbent on sparking a full-blown WWIII.

The tale continues with an endgame scenario to secure complete U.S. hegemony with an attack upon Iran, completing a decades-long neocon plan to manhandle the freedom genie back into the bottle.

The only problem with such a tale, according to Roberts, is: it’s not a tale at all; it’s all real, very real.  But most Americans are still blind or desensitized to reports of various government agencies procuring, in total, 1.4 billion rounds of ammunition; new Army manuals for “Civil Disturbance Operations” (in direct violation of Posse Comitatus); and acquisitions of ‘sound cannons’, full-body armor and laser equipment design to identify and classify human beings “from 164 feet away.”

Just as Hitler slowly and insidiously yanked liberties from German citizens for the good of the Third Reich during the 1930s, the elusive dream of world domination held through a handful of ‘power elites’ entail similar sacrifices of Americans—and the captured U.S. media (which Roberts refers to as “presstitutes”) will serve as the play-by-play moderator of the national dialogue during American decline into a high-tech 21st century controlled aristocracy of unfit “freaks,” as Trends Research Institutes’ Gerald Celente refers to the loosely defined cabal.

“Americans are told that ‘their’ government cannot afford to help them because of the budget deficit and the burden on our grandchildren,” Roberts explains.  “But Americans see the trillions of dollars that are lavished on banksters, on wars, and on Homeland Security. . .

“The spiel will be about our brave troops who are fighting and dying to make the world safe for democracy and women’s rights. Washington will wrap itself in the flag and exhort Americans to ‘support our troops’ in the orchestrated war of the day.”

The Karl Marx-like mastermind of the neocon movement, Leo Strauss (1899-1973), likened the role Americans would eventually play for the neocons at time of the endgame with an analogy found in the story of Gulliver’s Travels.

“When Lilliput was on fire, Gulliver urinated over the city, including the palace,” said Strauss.  “In so doing, he saved all of Lilliput from catastrophe, but the Lilliputians were outraged and appalled by such a show of disrespect. . .

“Only a great fool would call the new political science diabolic . . . Nevertheless one may say of it, that it fiddles, while Rome burns. It is excused by two facts: it does not know that it fiddles, and it does not know that Rome burns.”

Essentially, Strauss advocates a neocon strategy of abject and mind-blowing disrespect for the American people during the process of subjugation, while at the same time performing grand theater to ‘morally’ justify sacrificial solutions to problems the freaks crafted all along.  The Patriot Act, TSA groping and humiliation tactics, NDAA, referring to Constitutionalists as ‘extremists’, ‘potential domestic terrorist’ and ‘conspiracy theory crazies’, illustrate the Strauss prescription of domesticating freedom lovers to a T.

“Today moralizing is all about money, but not for the 99%.” says Roberts.  “The 99% cannot find good jobs or earn anything on their savings, because the economy is run for the 1%. . .

“Any American citizen accustomed to travel America’s ‘wide open spaces’ prior to 9/11 must be astonished by the sudden rise of the intrusive Homeland Security, a gestapo-sounding name if there ever was one.

“Porno-scans and genital feel-ups have spread from airports to bus and train stations and to the public highways, despite the absence of terrorist events.”

Previously, in interviews with investigative journalist Alex Jones of InfoWars.com, Roberts has said he believes that over the years the leadership of Washington and Wall Street has increasingly been ‘democratically’ steered in favor of elevating a significant number of sociopaths into power to affect the once unimaginable to a once-thriving republic: a high-risk global coup, which may include, if necessary, a nuclear confrontation with Russia and, most likely, China, to complete its ultimate prize.

However, Iran stands in the way; it’s the last nation-state holdout to attain complete control of the future of the petrodollar (or whatever currency may comes next), and Russia and China are quite aware of the neocons’ plans, drawing the line there—no farther, or it’s war—WWIII.  And according to Roberts, the plan about to be implemented by the neocons is nothing short of insane.

“America, Putin acknowledged, wants to rule the world. But Washington is not going to rule Russia and China,” Roberts explains.  “If the current White House moron keeps his promise to Israeli prime minister Netanyahu that the U.S. will attack Iran next June if Iran does not close down its nuclear energy program (a non-weapons program permitted to Iran as a signatory of the Nuclear Non-proliferation Treaty), the White House will have opened the door to World War III.

“In such a war the U.S. would not be immune from attack as it was in WW I and WW II. This time America could disappear in nuclear holocaust. If any of the world survives, people will be thankful for Washington’s removal from the scene.”

Source: Amerika’s Future is Death—Paul Craig Roberts

Silver to Breakout Amid Odd Forecast—Ben Davies

By Dominique de Kevelioc de Bailleul

“We’re trend ready, Eric.  I think it’s a prescient time to come on the show,” Hinde Capital CEO Ben Davies begins his interview with King World News (KWN), referring to a resumption of the upward trend in the gold market.  But, where gold goes, silver follows at a ‘double-time’ pace—at least.

Davies proprietary model for pricing silver suggests to him a move higher of 25 percent, citing reasons of a slight upturn in the U.S. economy, the return of easy-credit European politicians from vacation, and, possibly, truth in the rumor that Spain will ask the ECB for a bailout during the weekend, ending Aug. 19.

On the news of a Spanish capitulation, alone, silver prices could move higher this week, according to Davies.

Though Davies doesn’t expound upon his ‘odd’ thesis of U.S. growth next year, or even suggest where that growth will come from, he does expect, however, more monetary accommodation by central banks to buoy silver prices—an expectation echoed by currency and monetary policy expect Jim Rickards, who, so far, has been on the money with his prediction of ECB easing ahead of the Fed.  Now, it’s the Fed’s turn, according to Rickards.

Incidentally, Rickards anticipates Fed Chairman Ben Bernanke to announce further QE at the annual central bankers meeting at Jackson Hole, Wyoming in early September.  He tweeted, Sunday, that recent weakness in the Chinese renminbi against the dollar weighs more heavily with the Fed than U.S. jobs and GDP, and that downdraft in the Chinese currency, beginning from the first days of May, will push Bernanke to make the long-awaited QE announcement at Jackson Hole.

Moreover, it turns out the rumor that Spain would ask for a bailout, that Davies alludes to, is fact-based, in part.  The Wall Street Journal reports, Sunday, Spain’s Finance Minister Luis de Guindos “would like to see the European Central Bank commit to massive, open-ended sovereign-debt purchases” before Spain asks for a new bailout from the central bank—a request that former Goldman Sachs operative Mario Draghi would only be too happy to accommodate.

However, Spain and the other nations which make up the PIIGS will await Germany’s high-court ruling on whether an exception to Germany’s constitution will be granted on behalf of the ECB and its sovereign debt purchases.  That critical ruling is scheduled for Sept. 12.

Back to Davies.

When asked by KWN host Eric King about the short-term prospects for the silver price, Davies didn’t hang his hat on the central-banker-easing mantra as the primary reason for his anticipation of higher silver prices.  Instead, Davies emphasizes a disconnect between elevated equities prices and depressed silver prices as his reasoning for silver to play catch up.

He also suggests that U.S. economic growth will add to the several known catalysts to a substantial move higher in the silver price, a shocking departure from the 2013 Armageddon scenario advanced by Jim Rogers, Marc Faber, Peter Schiff and a legion of well-informed, talented and ‘unencumbered’ market handicappers, including, too, economist John Williams of ShadowStats, who would take grand exception to Davies’ U.S. economic forecast.

Flying in the face of Davies’ forecast of economic growth comes an American Petroleum Institute (API) article which reports global fuel deliveries for all products dropping through the floor—not a good sign.

From API:

Demand for gasoline, the most widely used petroleum product, dropped 3.8% from a year earlier, to 8.624 million barrels a day, the lowest July level since 1997. Gasoline use in the heart of the peak summer driving season was 2.2% lower than in June. January-July gasoline demand averaged 1.1% below a year earlier, at 8.671 million barrels a day, the API said.

Kerosine-based jet fuel use fell 0.8% in July from a year ago, to 1.455 million barrels a day, while demand for heavy residual fuel, used in power plants and industrial burners, dropped 7.1% year-on-year, to 294,000 barrels a day.

Production of all four major products–gasoline, distillate, jet fuel and residual fuel–was greater than demand for those products. As a result, petroleum imports decreased and exports increased. Total imports of crude and refined products fell by 9.6% to average 10.4 million barrels a day in July. Exports of refined products increased 11.1% to a record high for July of 3.244 million barrels a day, and year-to-date exports were up 14% compared with the same period in 2011.

Refineries operated at 92.7% of capacity in July, the second month in a row above 90%.

Crude oil production rose 13.6% year on year in July to 6.225 million barrels a day, the highest July level since 1998. Year-to-date output averaged near the July level and was up 11.9% from the same period in 2011.

Nonetheless, Davies likes silver, in the short-term.

“Silver is the ugly duckling at the moment.  Isn’t it?  It’s definitely performing very badly, and I think it’s tantamount to the same as gold,” says Davies.  “But I think I would err slightly on the side of more silver bullish.

“I think that with recent equity and S&P 500 performance, I think that the strong correlation there and optimism for growth, and, actually, our analysis is actually [sic] for a pick-up in U.S. growth in nine months time.  So the overlay there, for us, is that silver could perform well here.”

Davies’ timing for a move high in the silver price pretty much sacks up with Goldmoney’s James Turk and other frequent guests of KWN.  It’s a breakout any day in both gold and silver, they say, with silver expected to catapult quickly and close the 57-to-one ratio of the two metals.

“I think we’re threatening to make a move here and it could come in the next few weeks if not sooner,” proffers Davies.

“Optically [chart], I’m looking for the low-to-mid-30′s, and that is as far as our trend system will take us in the interim—in the short term, I should say.”

His target for gold of $1750 and silver of $33-$35 equates to a gold:silver ratio of between 50 and 53.

New DHS Informant Leaks a Shocker

By Dominique de Kevelioc de Bailleul

In a passionate warning to his global listeners, TruNews host Rick Wiles revealed the latest in a series of startling information leaked to him through a source who knows a contact deep within U.S. Department of Homeland Security.

“There’s a Russian, Chinese, Islamic military invasion coming to the U.S.A,” Wiles forcefully told his audience, Wednesday.

“I was told something, today, that I almost hesitate to repeat on the air,” Wiles continues.  “You know, people pass on to me lots of rumors I can’t verify, therefore, I never mention them on the radio.”

In previous broadcasts, the 12-year Christian radio veteran has passionately pleaded with his listeners to prepare for startling changes coming to the United States—changes so horrific, that even he admits may sound crazy if the information wasn’t being told to him by long-time, credible and proven sources.

“But I spoke with a close friend, whom I’ve known for many years.  This couple is well-connected to important business and political people.  They have a personal friend who is an agent for [the Department of] Homeland Security.  The agent promised to alert them if he ever heard anything significant that warranted immediate preparation.

“For years, he said nothing until now.  He told them there’s talk inside Homeland Security offices that Russian Spetsnaz commandos are infiltrating into the U.S.A from Canada.  He said it’s been underway all summer, and he estimated the number of commandos at the present time inside the U.S.A to be in excess of 20,000.”

The most intimate knowledge of the coming danger to the U.S. comes to him off air, Wiles says, as his sources seek to distance themselves from the information for the purposes of their own safety as well as the safety of their families.  Because of his position as a journalist, radio host and trusted leader of the Christian community, Wiles receives the most sensitive information ‘off the record’ in the hopes that others who speak ‘on the record’ will be taken seriously.

“If I didn’t know the integrity and the high-level connections and the social standing of my friends, I would never pass this on to you on the radio,” Wiles explains.  “But I know this couple.  Let me tell you, financially, socially, I’m at the bottom of their friends list.  They run with the big dogs.  Therefore, when they tip me off that they got a call from a friend inside DHS with this kind of information, I don’t dismiss it lightly as a conspiracy rumor.”

Previous reports of Russian military personnel participating in joint ‘civil drills’ with local law enforcement at Ft. Carson, Colorado between May 24 and 31 of this year may have had something to do with the ongoing clandestine immigration of Russian commandos alleged by Wiles’ source, but a possible reason for the stealth entry into the U.S of 20,000 troops wasn’t ventured during Wiles’ Wednesday’s disclosure.

However, a source to Wiles of more than a decade ago offers the possibility of a much more nefarious explanation for the infiltrating Russian commandos that can be traced back more than 30 years.

“I spent several days with Colonel Stanislav Lunev in 1999,” says Wiles.  “He was my guest when I lived in Dallas/Ft. Worth.  Colonel Lunev is the highest ranking Russian GRU military spy ever to defect to the West. . .

“One of his assignments was to find places to hide nuclear suitcase bombs inside the U.S.A.  You can read about it in his book, Through the eyes of the enemy.

“Colonel Lunev personally told me that the Russians were bringing nuclear, biological and chemical weapons into the U.S.A throughout the 1970s and 80s by smuggling them over the Mexican border.

“Colonel Lunev said there are Russian Spetznazs commandos coming in and out of the U.S.A every month disguised as tourists, professors, doctors, reporters; they come and go.”

The implications of, even, an attempted ground invasion by sleeper Russian commandos, in addition to other hostile sleeper cells rumored to be hibernating on American soil, are staggering, but also raise the possibility that a false-flag of an invasion may be planned as the excuse to lock-down America during a currency crisis.

Could something as bizarre as an attack by foreign rebels lurking in wait the plan for legitimizing a decree of martial law from the White House?  Would another bigger and more horrific 9/11-like event of that magnitude be planned to mask the real reason for a dollar collapse?  How else would Washington divert the wrath of an irate citizenry armed to the teeth when food and basic necessities go wanting for days, weeks or maybe months?

Trends Research Institute Founder Gerald Celente told Lew Rockwell of the von Mises Institute, Tuesday, “I believe we’re facing another 9-11 moment of some sort.  Whether it’s false-flag [or] real.  Whether it’s economic or geopolitical, something in my bones is telling me that you better be prepared now, because this thing is coming down fast.”

Celente strongly suggests Americans follow the “Celente’s 3-G’s” for survival during these extraordinary times of American history.  The 3-G’s include: Gold, Guns and a Getaway plan.

Wiles may suggest another ‘G’ to Celente’s 3-G’s:  Gold, Guns, Getaway plan and God, not necessarily in that order of importance.

Source: TruNews Radio Aug. 15, 2012 broadcast, with host Rick Wiles and guest Gerald Celente