MSM

When the White House didn’t like her reporting, it would make clear where the real power lay.   A flack would send a blistering e-mail to her boss, David Rhodes, CBS News’ president — and Rhodes’s brother Ben, a top national security advisor to President Obama.

Monsanto-Man-Commiting-Suicide-Eating

Colorado and Oregon could soon become the first states in the nation to pass ballot initiatives mandating the labeling of food products containing genetically modified organisms.
Earlier this year, Vermont became the first state to approve GMO labeling through the legislative process, but the decision is now being challenged in the courts.
Leading corporations opposing the labeling measures include Monsanto, Kraft Foods, PepsiCo Inc., Kellogg Co. and Coca-Cola.
Opponents of labeling have contributed roughly $20 million for campaigning against the proposed laws, nearly triple the money raised by supporters of the initiatives.
In Oregon, the fight for GMO labeling has turned into the most expensive ballot measure campaign in the state’s history.
It appears the tide is finally changing…

smash

In the first half of our new interview with Alasdair Macleod we discuss the November 30th Swiss gold referendum and what it might mean for the Bankster’s central banking Ponzi scheme.
We also discuss Majestic Silver CEO Keith Neumeyer’s move to withhold physical silver sales – and his idea to form an OPEC-like mining cartel to break the back of the paper silver manipulation. 

Alasdair Macleod’s Full interview on BREAKING THE CARTEL is below: 

ECB

As a nation, we are steamrolling toward a date with oblivion, but everyone is trying to put such a happy face on things.
what Americans plan to spend on Christmas this year is greater than the yearly GDP of the entire nation of Sweden.
Even though our spending is increasing, our incomes are not.
If our incomes were going up, all of this spending might be good news.  But as the following chart from the Federal Reserve demonstrates, that is not the case…

gold or fiat

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way- in short, the period was so far like the present period…

Axe-murderer-Risk

Just last Friday, the Office of the Comptroller of the Currency shut down National Republic Bank of Chicago, costing the FDIC insurance fund $111 million.
And there are a number of banks in the US (including Bank of America) that didn’t fare well in the Fed’s recent stress tests.
Whether you realize it or not, you’re taking a significant risk holding US dollars in a poorly capitalized US bank, or holding euros in a poorly capitalized European bank, and these hazards should not be underestimated.

empty-vault

Close to 20 million ounces have been removed from the “customer” accounts since February, held in vaults operated by banks like JP Morgan, Scotia and HSBC.  Yet, at the same time, the paper silver futures open interest has soared to near all-time highs. At the beginning of January, there were approximately 132k contracts of silver open interest.  As of yesterday, the amount was over 173,000 – close to an all-time high.
To put this in perspective, 173k contracts represents 865 million ounces of silver.  Compare this to the 66.7 million ounces reported by the banks to be in their “registered” vault account (registered = the silver available to be delivered).
In other words,  there’s 7.65x more paper silver that has been sold to investors/speculators than there is physical silver available to be delivered.
This is a Ponzi scheme that only the upper managements at Enron, JP Morgan and Madoff & Co. + the Secretary of the U.S. Treasury could appreciate.
No wonder investors holding their silver at the Comex are taking it OUT of the Comex.

QE taper

It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. 
Will this represent a major turning point for the stock market? 
As you will see below, since 2008 stocks have risen dramatically throughout every stage of quantitative easing. 
But when the various phases of quantitative easing have ended, stocks have always responded by declining substantially. 
The only thing that caused stocks to eventually start rising again was a new round of quantitative easing. 
Most Americans don’t even understand what derivatives are, but when the next great financial crisis strikes we are going to be hearing a whole lot about them.
The big banks have transformed Wall Street into the biggest casino in the history of the planet, and there is no way that this is going to end well.
A great collapse is coming.  It is just a matter of time.

HarveyOrgan1

Gold & silver were whacked by the cartel in the access market today as Janet Yellen and the Fed announced QE will end at the end of the month. 
Expect gold and silver to be under the weather for the remainder of the week.
Let’s head immediately to see the major data points for today:

GATA

The last two months have brought confirmation that, as we long have suspected, GATA has outlined only a small part of the surreptitious market manipulation being undertaken by central banks — that this manipulation is actually comprehensive, that it covers nearly every major market in the world.

freefall

The indicators which reflect the rotting core of economy are the price of oil and the 10 yr Treasury yield.   The 10yr yield is falling because it’s the only “safe” place to park cash that offers some yield.  Note how the yield is dropping despite the ending of QE bond buying.   And oil is a function of supply and demand.
The price of oil similarly collapsed in 2008 just ahead of the financial and economic collapse that occurred that year.
A collapse that was diverted by the onset of an eventual $4 trillion in QE stimulus and taxpayer-funded Government spending.

The truth is, real inflation has infected everything households need to buy and deflation will soon hit every asset sector that has been pumped up to the sky again by Fed stimulus.

goose

The behavior of financial markets these days is frankly divorced from reality, with value-investing banished.
Our dysfunctional markets have become little more than the essential prerequisite, as Louis XIV’s finance minister Colbert might have said, to plucking the goose for the largest amount of feathers with the minimum of hissing.

What we saw in 2008 was a massive containment. The mainstream was taken by surprise. I remember watching it all finally unfold, thinking that this was it. Playing out exactly as expected.
The most obvious bubble, housing, was imploding. But something happened that felt strange. The real punishment.
The event that should have ended housing as a financial asset never came.
In the process they have reduced the standard of living for 90% of Americans.
Fed policy tools guarantee that everyone is so inured to their system that when they implode the whole thing to rubble next, no one will have any choice but to be under their centralized world total control system.

Or so THEY think anyway.