Bill Murphy: Silver – All about the Physical Market "They’re manipulating the silver market and then gold market; they’re going to turn on the other banks" By Rory - intellihub.com April 17, 2016 When you dedicate yourself to a project for 17 years, as Bill Murphy, GATA and LeMetropole Cafe, has, it must to be a joyous occasion to see the beginning steps of justice being served. On April 14 Deutche Bank (DB) admitted, in a court of law, their precious metals desk had been rigging the silver market and as the information began to surface it was also discovered that DB had been rigging the gold market as well. This is only the beginning. The members of GATA, namely Bill Murphy and Chris Powell, have been presenting evidence of precious metals market rigging, to the world, for close to two decades and now we find that one of the largest banks in the world has been participating in this market rigging scheme. The real question is: will justice be served? Or will DB simply pay a fine, as Goldman Sachs did for the out-right theft and fraud that created the mortgage crisis that began in 2008? Only time will tell, but for now, the facts are on the table and the precious metals market rigging can no longer be denied by anyone. “They’re manipulating the silver market and then gold market; they’re going to turn on the other banks…the rats are cornered and it really could be quiet exciting. What it will really mean? You gotta wonder because of the way silver is trading so differently. Something is going on.” — Bill Murphy One of the more interesting aspects of all this is the timing. I no longer believe in coincidences so the timing is very curious. On April 19, 2016 the Shanghai Gold Exchange (SGE) will begin offering physical gold, at spot price, but instead of the contract being settled in dollars it will be settled in yuan (Renminbi), the Chinese national currency. This will provide an alternative for companies and bullion traders around the world to acquire physical gold at the current stated spot price. This has huge implications for the current gold and silver markets that operate in London and Chicago. These two markets, over the course of the next year, will be impacted as more people begin using the new SGE physical gold market. We can only hope the impacts is a tipping point for the precious metals markets. “The big deal will be them turning on each other and what comes out publicly and what reaches in the public domain and so on. Five years the CFTC looked in to what Morgan, what was going on in the United States. What did they find? Nothing. What’s going here, pick a number, 10, 50 times bigger than what Deustche Bank has been cited for. It is off the charts what is being done here.” — Bill Murphy In October 2015 the Yuan was added to the International Monetary Funds (IMF) fiat currency basket, Special Drawing Rights (SDR). This allows the yuan a global presence and allows other nations to trade yuan currency like the Euro, Dollar, French Franc, etc. As you can see currencies, gold (gold is money) and silver (silver has been money longer than gold) are experiencing massive changes in a highly compressed timeframe. As the ramifications continue unfolding let’s celebrate this victory with all the other tinfoil hatters who have supported GATA, Bill Murphy, Chris Powell and all the others, as the world now knows their money (gold and silver) have been rigged by the banking cartel. Another blow to the banksters. These criminal organizations have duped us long enough and it is high time these criminals began serving prison time for their crimes against humanity. Maybe one day justice will be served and these people will know what it means for their entire families wealth to be evaporated as they have done to so many around the world. The Daily Coin Cashing in: Illegal immigrants get $1,261 more welfare than American families, $5,692 vs. $4,431 By Paul Bedard (@SecretsBedard) • 5/9/16 6:30 AM Obama budgets $17,613 for every new illegal minor, more than Social Security retirees get Illegal immigrant households receive an average of $5,692 in federal welfare benefits every year, far more than the average "native" American household, at $4,431, according to a new report on the cost of immigration released Monday. The Center for Immigration Studies, in an analysis of federal cost figures, found that all immigrant-headed households — legal and illegal — receive an average of $6,241 in welfare, 41 percent more than native households. As with Americans receiving benefits such as food stamps and cash, much of the welfare to immigrants supplements their low wage jobs. The total cost is over $103 billion in welfare benefits to households headed by immigrants. A majority, 51 percent, of immigrant households receive some type of welfare compared to 30 percent of native households, said the analysis of Census data. Immigrants receiving the most in the study of 2012 figures come from Mexico and Central America. Their average annual taxpayer funded welfare collection is $8,251, 86 percent higher than the benefits used by native households, said the report. "While it is important for Americans to understand the rate of welfare use among immigrants, expressing that use in dollar terms offers a more tangible metric that is tied to current debates over fiscal policy. With the nation facing a long-term budgetary deficit, this study helps illuminate immigration's impact on the problem," wrote the report's author Jason Richwine, a Harvard educated analyst of immigration data. The new report follows another that found President Obama seeking $17,613 for every new illegal minor, more than Social Security retirees get. Richwine noted that illegal immigrants are barred from directly receiving welfare, but instead get it via their legal children. "Illegal immigrants are barred from directly accessing most (though not all) welfare programs, but they can receive welfare through their U.S.-born children. Legal immigrant households, which have greater eligibility for welfare, cost $6,378 on average," he wrote. The key findings: — The average household headed by an immigrant (legal or illegal) costs taxpayers $6,234 in federal welfare benefits, which is 41 percent higher than the $4,431 received by the average native household. — The average immigrant household consumes 33 percent more cash welfare, 57 percent more food assistance, and 44 percent more Medicaid dollars than the average native household. Housing costs are about the same for both groups. — At $8,251, households headed by immigrants from Central America and Mexico have the highest welfare costs of any sending region — 86 percent higher than the costs of native households. Also from the Washington Examiner — Illegal immigrant households cost an average of $5,692 (driven largely by the presence of U.S.-born children), while legal immigrant households cost $6,378. — The greater consumption of welfare dollars by immigrants can be explained in large part by their lower level of education and larger number of children compared to natives. Over 24 percent of immigrant households are headed by a high school dropout, compared to just 8 percent of native households. In addition, 13 percent of immigrant households have three or more children, vs. just 6 percent of native households. It's not limited to just 10 celebs wanting to leave the U.S., it's far worse than that
By Lexi Morgan - May 6, 2016 (INTELLIHUB) — Record numbers of Americans are in fact renouncing their citizenship as the homeland becomes a vast wasteland of filth and corruption. In fact the numbers of people renouncing their citizenship has skyrocketed 18 fold since 2008, according to a recent report, and are the highest ever as of the first quarter of 2016, with 1,158 expatriates. Not only are people leaving the U.S. in droves due to the fact that Americans are being treated like third-world slaves, being taxed to death and cheated by corrupt to the core politicians, they are also leaving due to all the sinister human experimentation that has been taking place via chemtrailing and forced or nearly forced vaccination programs, all of which are approved by public law. Not to mention the poisonous tap water issue and toxic shale fracking operations taking place countrywide. But it’s also important to point out that anyone who renounces their citizenship will likely be followed to their new destination by three letter agencies like the IRS and FBI. “Plus, if you have a net worth greater than $2 million or have average annual net income tax for the 5 previous years of $160,000 or more, you can pay an exit tax. It is a capital gain tax, calculated as if you sold your property when you left. A long-term resident giving up a Green Card can be required to pay the exit tax too. Sometimes, planning and valuations can reduce or eliminate the tax, but taxed or not, many are headed for the exit,” Robert W. Wood writes. |
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