CYBER ATTACK ALERT-YOU ARE NOT FACING A FINANCIAL HAIRCUT BUT FINANCIAL DECAPITATION!

alertSteve Quayle’s banking management source has released an alert stating that a false-flag financial cyber attack is close at hand in which the Western Central banks will blame the coming financial collapse.

For some time I have emphatically stated that there will be a bank hack or cyber attack as the global economy is pushed to the brink of collapse. From top level sources I can confirm to you what you are seeing is an emerging pattern of various beta-tests using Stuxnet like algorithms to affect the banking networks the world over. I can tell you though that the primary target is the US.

How can so many bank and ATM networks like NYCE, PULSE, PLUS, INTERAC, CIRRUS, BACNET, NOVUS all be affected? This is truly something of a very sophisticated nature. Something that is very large in scope and very ominous in action. Folks it is without a shadow of a doubt that these are all beta-tests. I have said it before this will be a financial false flag. The frequency of banking network failures has gotten to be very acute to the point that I am convinced that we are edging closer to the one major event that will set everything in motion.
The take down of the economy is close at hand and the major cyber attack will be on it’s way.

 

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From Steve Quayle:

Ten months ago a massive powerful bank hack hit over 206 banks worldwide simultaneously siphoning billions from customer accounts. It went under-reported and unnoticed by main stream media. Six months ago NatWest/RBS online banking and ATM went offline. Millions had trouble accessing their funds. A few months later online banking and ATMs from some of the biggest names in banking in the US started to receive DNS error messages and were knocked offline completely or were limping along,causing millions a hassle and head ache to get their funds. Two weeks ago Chase had an “issue” with their online banking computers as well as their mainframe servers were hit by some “problems” that caused thousands of their customers bank accounts to read $0.00 as their balance. Millions of others had issues accessing funds and ATM’S from the house of Morgan. Last week the entire banking network of South Korea went down for hours, millions of customers were not able to access their funds, use ATMs or even check their balance. This week the entire Internet teetered on the brink of collapse as SpamHaus was hit by over 300 billion bits of information per second. That is what we are led to believe and that this attack was led by a rival company Cyber-bunker. Whether this story is true or not, it does highlight the sensitivity of the internet. The overpowering pattern and factor here is that wherever you look in the world there are issues with the internet, networks and servers and it all centers around banking.

For some time I have emphatically stated that there will be a bank hack or cyber attack as the global economy is pushed to the brink of collapse. From top level sources I can confirm to you what you are seeing is an emerging pattern of various beta-tests using Stuxnet like algorithms to affect the banking networks the world over. I can tell you though that the primary target is the US. Look you can not have a bank hack a few months ago that siphoned over $2 billion and hitting over 200 banks by some mere hacking group. In order pull something off like this I stated in a prior alert that this is something that can only be done by an Intelligence Agency working in close collusion with a Central Bank. After all you need to understand that various money and wire networks through which currency flows. Who but a Central Bank can give you the access and the backdoor for this to occur?

How can so many bank and ATM networks like NYCE, PULSE, PLUS, INTERAC, CIRRUS, BACNET, NOVUS all be affected? This is truly something of a very sophisticated nature. Something that is very large in scope and very ominous in action. Folks it is without a shadow of a doubt that these are all beta-tests. I have said it before this will be a financial false flag. The frequency of banking network failures has gotten to be very acute to the point that I am convinced that we are edging closer to the one major event that will set everything in motion. The take down of the economy is close at hand and the major cyber attack will be on it’s way. These emerging patterns are a clear picture of an malevolent power play that will be done to bring the system crashing to it’s knees. Things have gotten to the point of ‘Critical Mass’!. Maybe that is why some of the top economist are right now panicking like never before. Get your cash out, keep what you need to pay the bills. Otherwise what you will be getting is not a 40% haircut, It will be a financial decapitation.

 

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Comments

  1. Attention! America is already being Cyprused! All Federal Employees Pensions are being raided! 
     
    Treasury Secretary Timothy Geithner said that the government has begun borrowing from the federal employee pension fund (the G fund) to keep operating without passing the approaching debt limit.
    The move will free up $156 billion in borrowing authority while the debt limit debates proceed in Congress. Geithner said that he will replace the money in the fund after the borrowing limit is raised. That of course assumes Congress comes to an agreement soon and does, in fact, raise the debt ceiling.
    Geithner’s letter to House Speaker John Boehner reads:

    Dear Mr. Speaker,
    I am writing to notify you, as required under 5 U.S.C. 8438(h)(2), of my determination that, by reason of the statutory debt limit, I will be unable to invest fully the Government Securities Investment Fund (G Fund) of the Federal Employees’ Retirement System in interest-bearing securities of the United States, beginning on Tuesday, January 15, 2013. The statute governing G fund investments expressly authorizes the Secretary of the Treasury to suspend investment of the G Fund to avoid breaching the statutory debt limit. Both my predecessors and I have taken this suspension action during previous debt limit impasses. By law, the G Fund will be made whole once the debt limit is increased. Federal retirees and employees will be unaffected by this action.
    Sincerely,
    Timothy F. Geithner
    http://www.fedsmith.com/2013/01/15/government-will-borrow-from-federal-employee-pension-fund-to-avoid-passing-debt-limit/

  2. It is a sad day coming. MOST Americans will think that it was a mistake and that nothing like this can ever happen in “our” country, the land of the free and home of the brave. The problem is that no one has done enything to keep America free and there are very few brave men left as most men are only little boys in old bodies. Regardless a sad day is open us and many will perish for believing the lies, some of which will be my family members for not listening when approached with mountains of evidence that they were the sacrificial lambs upon the banksters alters.
     
    Please make sure you have food, water, PM’s, protection, etc to safeguard your family AND may God be with us!

  3. I can’t remember if Quayle is one of the good guys or not.  Decapitations don’t affect me since all I use my head for is a perch for my hat. 
    Net Ranger you hit the nail on the fed pensions.  They’ve been snorkeled off now for about 9 months and it wont be surprising to see this expropriation go all in this year, if it has not already.  At the risk of sounding screechy, our pensions are next.  Between the theft of bank accounts and a dozen countries setting precedence in stealing pension plans, there is no firewall against this happening here.
    There is a pretty good chance that is the NK  situation goes hot, the cyber attacks will go ballistic through NK, Iran and China.  They are strong allies with gold, nuclear tech and oil being the coins of these realms.  Be very wary on these subjects.

    • AGXIIK,
      I remember about a year ago or better that Quayle stated that The Euro had FAILED, ALERT THE EURO HAS FAILED!
      Not that I don’t believe that monetary consfiscation is at hand by the World banks, but Quayle, I am not so sure about.
      What I am sure about is that there is no absolute reason that Gold and Silver should be hammered down.
      Ranger
       

    • “Decapitations don’t affect me since all I use my head for is a perch for my hat.”
      LOL. 
      “I use mine to make “THUD” noises against the wall, after trying to convince people that the only real money is Silver and Gold.
      I agree it’s coming to a Friday Afternoon near you, but can’t help but think about someone saying they have to take control of the last two central banks before that happens.  Iran and Syria.  They got Libya recently, so it went from 3 left, down to 2.  Then they’ll have all the central banks of the world tied into the NWO system, and can then take total control.

  4. These pension raids have been going on for some time now. Wait until they get around to 401Ks and IRAs after the drain the pensions dry! That is when the rest people are going to see these criminals for who they really are .

    • Just a thought. The Federal Government Pension Plans are named or called Thrift Savings Plan(s) (TSP). Now we look at the markets that are being propped up by Big Helicopter Ben with his 85 Billion a month pump and dump into the markets. Now depending on what these Federal Employees contribute into their pensions up to 17% before taxes. How much is the Treasury pinching from these account(s). I just found out within the last week that several Federal Employees are waiting up to? Two years to receive their retirements. Now this makes perfect sense why they are not receiving their retirements unless you up there working in the halls of Washington D.C. 
      Imagine! Working 20+ years and not knowing that your retirement is being stolen from you, while your working. Just imagine the horror on their faces that they have worked faithfully for their country and it is being stolen from them!

    • I have no sympathy for folks who have maintained their fiat accounts in the system…the powers that be have telegraphed their intentions to steal/confiscate these accounts for a long time so if they didn’t get the message by now, I wish them good luck, they’re going to need it. Doesn’t make it right, but the sheeple have had ample warning and opportunities to get out of the system. They have stayed in at their peril.

    • @Whiskey Six … you express a commonly held opinion that you have no sympathy for those who get slaughtered in the coming crash. But, they don’t understand it, and the fault is not theirs, it is with the perpetrators of the awful crime of central banking, and with those who intend to make slaves of the survivors of the coming collapse.
       
      I am responding to all those who hold this opinion, not just yourself. These poor people are victims and I believe it is a mistake not to remember that. Even though it is like hitting one’s head on a brick wall (I know from experience – my entire family doesn’t get it and thinks I am crazy (sure I am, but not about this!)), it is our duty to try to make people see what’s going on, before it’s too late.
       
      This situation is an unprecedented one in all of human history and it puts terrible stress on us all. But, we truly are all in it together, and we will all feel the pain of humanity’s loss when it comes, whatever the privileges of each of our individual situations.

    • Agreed 100%, Chief.  Those who have prepped will fare better than those who have not but this will not be a good time for any of us.

  5. All these banking networks can’t hacked at the same time. Not without inside help! Even a single network is difficult to take down all at once.

  6. Steve Quayle is the lord of hyberbole but I’m a big fan. We’ve seen cyber attacks gathering steam in our own community so anyone not seeing this coming is a fool. Sadly that includes the majority of the western population.

  7. A Quantum computer could decrypt a 128-bit RSA encrypted message in less than one second.
     
    http://www.dwavesys.com/en/products-services.html
     
    The D-Wave OneTM system could make all assymetric encryption systems (Like the one used by the Royal Bank of Canada totally obsolete). 
    The first and only company in the world which makes this unique type of computer is in my hometown.
    D-Wave Systems Inc.
    100 – 4401 Still Creek Drive
    Burnaby, British Columbia,
    Canada
    V5C 6G9

    Tel: +1 604-630-1428
    Fax: +1 604-630-1434
    If you have a spare $10 million dollars you can try a Quantum Computer out!
     

    • Man, I bet the D-Wave would be one hell of a bitcoin miner. Too bad I don’t have 10 mil…even If I did, I’d probably buy some silver instead along with a kick ass survival retreat/bug out location…LOL.

  8. People seem to believe whatever is in the MSM, despite the fact they know that alot of it is lies. Remember, the MSM is owned by the same scammers who own the banks, AND the central banks, AND the BIS. So, wouldn’t it be easier than developing a whole range of viruses to disable banks and steal money, to just SAY ‘oh shit, there has been a cyber attack, the money is gone and we have to go on indefinite bank holidays’?
    There are ALOT more MSM reports of cyber attack on banks, than statements direct from reputable bank sources, on cyber attacks.
    Bottom line: there are no cyber attacks, it is lies by the MSM, and a few banks (owned by the same people). However, the effect is EXACTLY the same as it would be if these were real cyber attacks … financial decapitation.

    • Yeah, the best part is with an ‘attack’ you get to pick the patsy/villain, such as Al Qaeda or Iran, or (insert desired target here). They will likely channel the Sheeple’s anger into the next war/money making adventure.

    • @Whiskey Six  … yeah, absolutely right!

    • A deposit “tax” won’t fly in the U.S., but a phoney cyber attack would.  Perhaps the play will be to manipulate NK into a first strike.  Ensuing conflict would provide TPTB cover for a self-inflicted cyber attack on western banks.  NK hackers would be blamed.  Thoughts anyone?

    • @UglyDog … sure is plausible. Difficult to know how it will play out – there seem to be many ways for the globalists to skin this cat.

    • @CHIEF:  In response to your two comments.  I agree…to a point.  I, too, have family members who REFUSE to believe that anything that I have been telling them since 2002!!!!!! when I saw the (financial) light.  You know what I tell them NOW?  You had a decade to get prepared in an ever increasing mode.  NOW you can do what you have to do, because I have a responsibility to my wife and myself, period. You (my relatives) are not, and have not been minor since the 80′s, so you have no excuses.  Is my position a bit much?  Yes.  Too bad.  I have led them to water for years.  They refused to drink.  Now that the water is drying up, well, my 55 gallon drums in reserve is not “all hands” water. 

    • @Silverrrrrr …  I agree with you and that is what I believe and practice too. But, what I was talking about was simply the way we refer to all of those who we have tried to help and also all those whom we don’t even know, who we know are going to get slaughtered. I believe we should have respect for these people, in the way we talk about them.
       
      I wasn’t saying that we should not be loyal and focused on those we love and who depend on us (because I believe 100% that we should do what you do, and what I do in this respect), but just to remember that the worst affected victims of all this deserve respect as human beings in the way we refer to them. Because they, most certainly, don’t deserve what is coming, and it is in no way their fault.

    • @Chief, I hear you about informing the sheeple, but I myself am done trying. Especially after pursuing 911 truth for years, I’ve come to the conclusion “most are just so dependent on the Matrix that they will fight to protect it”. I’m fine with that, and having worked in IT my entire life I’ve learned that absent pain, people do not change nor take recommendations that are made in their best interests, so it’s virtually futile to try and wastes emotional energy. Will I be willing to lend a hand after TSHTF? Sure to an extent, short of being suicidal as silverrrrr was saying.

    • “Perhaps the play will be to manipulate NK into a first strike.  Ensuing conflict would provide TPTB cover for a self-inflicted cyber attack on western banks.  NK hackers would be blamed.  Thoughts anyone?”
       
      Perhaps.  If they wanted to attack NK, this would certainly be a reason that the populace would accept as an act of war, requiring a serious response on our part.  Meanwhile, the fat kid in NK will be thinking the NK equivalent of “WTF?”.

    • @Whiskey Six … I am done trying aswell, almost! My wife tells me to wise up and stop trying to help people, and I try to do that, because my experience is exactly the same as yours, but sometimes I can’t help myself, and then I regret it when they think I am crazy. You’re right about people, and thanks for being so good-natured about by comments.
       
      @Ed_B … S Korea blamed N Korea for their recent cyber attacks on banks, and seems to me that NK could (be seen to) do the old cyber attack thing on USA, which could then start a war. But, I believe all this is just the veneer, because these things are staged for our benefit, and to justify and distract from the currency collapses to come, IMO. I don’t believe there are any cyber attacks, only fake ones, because who knows for sure anyway? We can’t verify anything! We just have to accept the headlines, and ‘cyber attack’ is just too easy and effective a thing to say, because there is nothing to see, apart from bank holidays, which could be just because they switched it all off.

    • As you suggest, Chief, Cyber attacks may or may not be happening.  There won’t be any evidence that we can see, although there could be people in the NSA who really will know for sure.  If the NKs, Chinese, or Russians can find a way to stick their thumb in our eye, however, it is highly likely that they will.  They sure are hell are NOT the good guys in the world today.

  9. Come to think of it I can’t wait for Nuremberg II to start.  

    • Yeah, I can see it now… lots of middle managers at banks and other financial institutions claiming, “But I was only following GAAP!”.  lol

    • If peoples’ savings just disappear some day, and it is realized that the banks are behind this, there will be no place on the planet where these middle managers could not be found by an angry populace. I imagine that a lot of them could disappear.  Or be found dead.  Or they come home to find their homes on fire. And when the police question neighbors, bystanders, etc., nobody saw anything.  Not advocating this, just tryingto point out why I don’t see the comparison to the Nazis who worked in the concentration camps. It would only take one instance of this happening to cool the ardor of the rest of them. And like others have said, these guys have to live next to the folks they’d be screwing over.

  10. Right now is the time to Stack if you haven’t done so yet. Sure the MSM puts out false information but I still believe that there is the technology out there that will bring everything down when they want it to.
    It’s no mistake that there has been a lot of down computers and ATM machines around the world lately, their getting ready for something.

    • ‘ I still believe that there is the technology out there that will bring everything down when they want it to. ‘
       
      I believe exactly that aswell. Nice to hear someone else say it. But, I believe it is a global cartel, that have already agreed a date for this, and when the moment comes, they will shut their doors and say ‘CYBER ATTACK’, and their relatives in the MSM will print ‘CYBER ATTACK’. The entire worlds banks are controlled by the BIS, and the Rothschilds run that. So, like you say, it is under the complete control of people who are not our friends.

    • Added today….whew– let me tell ya how much I love stacking ASE for $30…..that so ROCKS!

    • @Chief I call them the Elite and yes they want to control and have their One World Order but I think it’s backfiring because of the BRICS setup and that may lead to war and to be honest with you, I’m to bloody old for that shit so I’ll stay home and like someone said I’m a Moron for saying ” Keep Stacking”

    • “ I still believe that there is the technology out there that will bring everything down when they want it to.”
       
      Agreed… and what an amazing opportunity to do away with those pesky elections and implement a complete police state to, uh, protect the citizens, yeah, that’s it.  :-(

    • “I’ll stay home and like someone said I’m a Moron for saying ” Keep Stacking””
       
      Yeah, Charlie… but the jury is still out on who’s going to be the idiot.  My money is on the weak hands who get washed out whenever TPTB futz with the PM markets.  Meanwhile, well, you KNOW what to do!  lol

  11. That new 500 yottabyte data center the feds are putting in near Salt Lake City could blunt force hack anything digital, or so the story goes.
    The Euro?  Two years ago when Greece started failing, the curtain started falling on the Euro.  It’s like a slow motion set of dominoes.  Greece, Cyprus, Slovenia, Spain, Portugal, Italy and so on.  Nothing remarkable here when you try to mash together 17 countries, all with different objectives, economies, ethos, language etc etc.  Reminds me of my kin at a family reunion.  Given enough time and that pack of loons, pretty soon  a hockey game breaks out.

    • “Given enough time and that pack of loons, pretty soon  a hockey game breaks out.”
       
      And, let me guess, a good time is had by all?  lol
       

    • How much of the hacking is going to originate from there or already is depending on how much they have done…

    • “That new 500 yottabyte data center the feds are putting in near Salt Lake City could blunt force hack anything digital, or so the story goes.”
       
      Gee, that’s enough memory to record all your electronic and checking account purchases, e-mails, texts, pictures you take on your phone, cell phone voice, IRS, police records, medical records, military records, passport, road toll pass device, OnStar, current residence status, your family members and friends, where you work, play, shop, and what your current LAT LONG position is by using your smart phone for a tracking device.  The precursor to “The Mark”.
      Did I leave anything out?
      And throw in a program that can profile you, so they can decide if it’s your turn to disappear.

  12. @Chief:  Again, I see where your coming from….me too.  Yet, while there may be some unfortunate souls that just don’t know/get it, with the “word of mouth” over the past decade it would appear to me that the numbers of those souls are quite few.  Its those who have been “enlightened” but choose to ignore the obvious signs/words are those who will be the problems because they WILL come after your stuff.

    • Just To ADD “BE PREPARED” friends and family will turn on you as it’s only Human Nature when they start to go hungry and if they know you have what they want then they will come after it.

    • Maybe so, Charlie, but if the 1st one gets shot, that will cool the ardor of the ones following.  Doesn’t have to be a fatal wound, just a nick here or there will do to impress them with the seriousness of the situation.

  13. I call this the Cyprus Ctockholm Cyndrome.
    The people who don’t GET what is happening to them are Blue Pill folks.  I am pretty certain that the Eurozone people won’t really get what is being done to them until another small country like Slovenia, Hungary, Malta or Luxemburg gets taken when a SIFI bank goes tits up.

    • Not even that will awaken them, AG.  Their thought process will be something like this… “Hmmm, says here that another little country bit the big one.  Too bad.  They should live in a bigger country like I do!”.  :-/
       

  14. ALERT, ALERT, ALERT, PANIC, PANIC, PANIC, URGENT, URGENT, URGENT.
    READ MY POST, READ MY POST, READ MY POST, DEATH DEATH DEATH!!!

    How many “ALERT” emails do we need?  The alternative media is getting just as bad as the MSM.  Everything is PANIC, ALERT, URGENT.  It just turns me off.  Give out the info but this crying wolf type of journalism is cheap.  If you want credibility, come across with some dignity.  Not every message can have “READ NOW OR YOU WILL DIE.”  We already have the Alex Jones, Christopher Greene’s, Charlie McGrath’s, Mannarino’s, Fabian for Liberty type of guys that call for the collapse everyday.   These kind of guys are as bad as the technical analysis with their propaganda.  They just distort the information and sensationalize it for their own gain.  It’s not that it’s bad info.  It’s about how they package the information.  Everyone is a “insider” or “market expert” or has “sources” inside the government.   Listen, we all read the same sources.  Most of us read Zerohedge.  That doesn’t mean you have insider info or have broken down the internal workings of the secret societies, gained access to government stamped confidential records, or have the elites on speed dial.  The guys are mostly self appointed experts.  They have no sources.  They don’t do investigative journalism.  All they have is a resource like youtube, newsletters, websites, or beg for donations for their own personal gain. If they had any credibility, they would simply cite their sources.  Instead, it’s “top level sources.”  Just because it’s alternative media, doesn’t mean it’s not beyond some level of bull shit.  Actually, I find it hypocritical to bash the MSM and then use the same tactics as they do.  Give out the info and let the viewer or reader decide.  That’s all I’m asking. 



    • Chris Hedges is right on the money when he talks about the MSM.  We need to be more careful about the alternative media going down the same path.  It’s sensationalism and propaganda mixed in with some truth and factual information.  It distorts the meaning and message to create a different reality.  Some people, not all, of the alternative media outlets and channels are distorting good information for their own personal gain.  The standards of journalism is nonexistent.  They are going down the same path as the MSM.  It’s a business so there is corruption.  I watch and read many sources like many of you guys.  I try to do my homework and understand the info.  I’m just seeing a trend or style by the alternative media that is really reflective of the MSM.  I believe we should hold the alternative media to a much higher standard.  That is our only hope of getting good, credible info out to the general public.  Max Keiser, Alex Jones, Gerald Celente.  What do they have in common?  They all scream into the camera and have cheap catch phrases to self-promote themselves.  The info is great and very informative but it will never play to the soccer mom, retired, elderly, or working class American.  They come across as crazy loons and people turn them off.  It’s the style not the substance. 

    • “They come across as crazy loons and people turn them off.”
       
      Which is exactly why I don’t watch Max K. or recommend him to anyone I know.  People who use hysterics to get their point across often do not have one, so substitute all their hysterics for info of real substance.
       
      IMHO, the BIGGEST problem we all have is that we KNOW much more than the sheeple do, so it is a major undertaking to get them to do the same basic research that we all have done before they actually grasp the totality of it.  Presenting them with our conclusions without all the info that supports them is absolutely valueless in terms of getting their attention.  Attempting to do so is like discussing advanced physics without having first learned the basics. Their eyes will glaze over VERY quickly and there is no way to maintain their interest.
       

  15. Duck Vision I was going to mention something that might become important, like Banca Monti Dei paschi’s stock trading shut down.  The bank lost about $4 billion First quarter. and is its 4th bail out.  But, maybe the gloom and doom is a bit over rated.  Anyways, things might get a bit dicey in Italy soon. 
    Sheesh   it is hard to follow all the emergencies and crises we read daily.  I’ll with you on your points taken over the cosmic disasters facing us.

    • AGXIIK, Bring on the info.  I love your work.  I have learned a lot from you.  You have strong opinions but you back it up with knowledge, facts, and sources.  You brake down many topics that I don’t comprehend as good as some.  You have a great gift of being like a teacher of explaining all the topics.  I’m all for the exchange of ideas, thoughts, and opinions.  It’s just lately all these “alerts” have been driving me crazy. 

    • Just remember, guys… to an incompetent EVERYTHING really IS a crisis.  
       
      As to that Italian bank and its losses, allow me to suggest that in order to qualify for a bail-out, all of the managers and directors of such banks should be fired.  After all, it is their incompetence that caused a bank to need additional liquidity.  Banks that operate in a conservative manner, which ALL banks should, rarely, if ever, need additional liquidity.  If they do, they simply issue additional stock shares.

  16. This is from Harvey Organ:
     
    we lost another massive 8.13 tonnes of gold. Yesterday we lost 4.21 tonnes.
    Thus in two days a total of 12.34 tonnes have left the London England vaults.
    We are seeing huge amounts of gold leave both the comex and the GLD.
    I believe something ominous is happening here as it seems huge amounts of gold are leaving western shores for China and Russia.

    • duck…what if Blythe wasn’t lying when she said the JPM shorts were on behalf of a client.  What if the client was China with a single minded goal of removing metal off the COMEX at the lowest price not caring if they use their soon to be worthless UST’s to do it.

    • @UglyDog: I think Ted Butler may have speculated on that as well. I still think the client is GUS though. What if our own ‘government’ made a deal with the Devil, suppressing the PM prices in order to allow the Chinese/Russians/global elite time to load up on cheap PMs as long as they retained their UST’s until the right coordinated moment. We might just be at the end of this game where they collapse the whole house of cards now that it has been completely drained. If your a globalist banker, you have no loyalty to the United States, so this is very plausible. Andrew Maguire speculated on this exact thing back in March, 2010:
      Andrew Maguire & Adrian Douglas Tuesday, March 30, 2010
      http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html

      Andrew Maguire & Adrian Douglas: Discuss What Could Be the Largest Fraud in History – Andrew is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders. Adrian Douglas Board of Director from GATA, the man who Andrew reached out to joins in this interview where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in hollywood thrillers. They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale. 

      Quote from 16:25

      Andrew Maguire: now what’s going to happen here, if you’re an Asian trader, for example, or a non-western trader, who…
      has no loyalty, or care about Homeland Security or anything else…who says, hold on a minute, if i can
      establish in my mind, that there is 100 ounces of paper gold, paper silver for example, for each ounce of real silver,
      then I’ve got a naked short situation here that I can squeeze and they can go onto the spot market which is basically a
      foreign exchange transaction, short dollar, long silver, to ANY amount they want…billions, trillions, whatever they want,
      and they can take this market, squeeze this market, and blow it up. And this to me is what is going to happen, because this game is now caught up and that’s my concern, the vulnerability that these guys have put themselves in.

      Eric King: Andrew let me ask you this, and then I want to come back to Adrian. This is a ponzi scheme that both you and Adrian are describing and it’s a matter of national security and it goes on with the governments knowledge, but in dollar terms, this IS the biggest fraud in the history of the world then isn’t it Andrew?

      Andrew Maguire: Yes it is, it’s in the trillions.

    • @whiskey-six   Agreed.  Funny thing about gold and silver is that when the price rises everyone rushes in to buy.   Opposite of traditional supply and demand dynamics.  So, if you’re a government and you need time for yourself or other governments to load up on physical, then you would suppress the price.  A bear market in gold and silver, which is what we are in now, keeps the masses away.  What does it matter if you lose some fiat on your short positions.  Goal is to acquire physical as long as you can.  You can always print more paper.  Just can’t print gold and silver, however

    • Uglydog-I would say that would be a very wise move by the Chinese.  What are they supposed to do with 3 trillion of dollar denominated assets?  I would say buy hard, tangible assets with that paper.  Diversify slowly and covertly as possible.  Keep the game going as long as you can without everyone anticipating your next move.  Keep trade open as possible and change the business model of the world.  Try to gain control of all of Asia, Russia, India, South America, Australia, Africa.  Gain water rights, mineral rights, and have a diversity into many different energy outlets.  Build ports and support your infrastructure.  Trade your currency globally.  Wait for the Western world to make their move.   The West has no direction other than war and deception.  Wait for them to make mistakes like Cyprus.  Keep buying commodities that could support the next global economical system.  Tell your friends to sit tight and be patient.  It’s not time to act.  They must set up the systems of control before the plug is pulled.  They are not ready yet.  There is still metal in the vaults.  The West has a lethal cut and they will bleed out.  Just sit tight and let them die. 
       
      As for Blythe, she is a evil, corrupt bitch who engineered and masterminded derivatives.  She will go down in history as a very important individual that helped take down the global economy.  She is highly intelligent and powerful.  She is rarely seen in public.  Her response about the alleged short position by JPM and helping their customers by having a neutral position in the markets, it’s total bullshit.  What if their customers held a long position in the metals?  JPM goes short, how does that help that specific client?  It doesn’t, so there is a conflict of interest.  Kinda like what Goldman did to AIG.  They sold shit knowing that it was shit, then bet against the shit with AIG holding the bag of shit.  It’s the same old song and dance.  Totally corrupt and breaks every law on the books.  Nothing happens to these people.  It never will until someone pulls the plug or the system just falls apart.  She could be a covert Russian spy or on the payroll of the Chinese. Nothing really would surprise me. I never really thought about that but it’s good “conspiracy theory” talk.

    • “She is rarely seen in public.”
       
      Survival instinct?
       
       
      “She could be a covert Russian spy or on the payroll of the Chinese.”

      Could be but if she’s read ANY Asian history, she should know how they end up paying traitors… usually with a sharp blade in the back and a slow twist. That is MUCH cheaper than paying them the agreed upon LARGE sum, plus there is no blabbing about what happened afterwards.

  17. Our own government is the enemy, they are in bed with and being controlled by the bankers and wall street. Time for change!

  18. Yeah Duckvision, some of these peckerwoods to come on with a lot false premises, fear mongering, selling something.  And sometimes they’re like  a bunch of broken clocks with one  hand left, right once in a while and you don’t know when.  It’s like trying to figure out who’s right. I think what we read and write here makes a lot more sense than of the stuff on the web  Probably because most of us  live in the real world, mostly, and deal with the hands we are dealt.
    And all that gold being snorkeled from GLD 2,3 4% disappearing That says something about the GLD phoniness.

    • You had me at peckerwoods with that post.  I live in the make believe world for 8 hours a day.  I work for the government.  I get to see the corruption and lies first hand.  Most people think that government workers are lazy and don’t do anything.  Well, it’s 100% correct.  That perception couldn’t be more spot on.  Believe me, you and many others are right.  You guys believe in math and balance sheets.  You guys believe in free markets and truth.  I will take that over the fantasy land world that people are living in now. 

  19. peckerwoods   my general phrase for occasiiiionally annoying  folks.
    As for government workers.  My experience is that the majority work hard, take care of their families like the folks in the business world.  Most of my experience has been with private sector people and the slackers I find there.  Of course I worked for the banking industry   That’s a story in itself.
     Now, as for that other batch, the ones that are always whooping and hollering, they are a breed to themselves.
    The last 40 years of observing work habits does tell me that there has been some lessening in the world ethic. Something for nothing, the world owes me a living.  With the bankruptcies of union-heavy firms and cities, this is situation is getting really serious, like in Stockton  CA and other towns. 

    • “As for government workers.  My experience is that the majority work hard, take care of their families like the folks in the business world.”
       
      That’s for sure, AG.  Both of my parents worked for the State of Oregon, and both of them were totally unhappy with all the BS that they had to deal with rather than simply do their jobs quickly and efficiently.  The Fed Gov was the source of most of this.  By the time they satisfied those bozos, they could have actually done a s**tload more real work.

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