Wednesday, September 5, 2012

Jim Willie: Next Segregated Client Fund Theft Will Be Private Segregated STOCK ACCOUNTS!!

from Silver Doctors:

Jim Willie has informed Silver Doctors that it appears that Morgan Stanley was used by the cartel to prevent a collapse in treasury bonds in 2010, and believes that Morgan Stanley was set up at the time by cartel banks as the next major financial firm to fail.

Morgan Stanley put on $8 TRILLION in interest rate swaps in the first half of 2010. I call them the designated hitter for Wall St. Why wasn’t it JP Morgan, BOA, or Goldman Sachs? My theory is simple: THEY EXPECTED LATER TO KILL MORGAN STANLEY! Lehman Brothers was killed because they had huge mortgage bonds and other things that weren’t exactly desirable. Bear Stearns was killed because they were pro gold and short the dollar.

Morgan Stanley created the false impression of a flight to safety in US treasury bonds. Take a look at the 10 year yield early in 2010. It was moving up to the 3.5% range! Alarm bells were going off! They were talking about QE and bond monetization by the Fed! China was backing out of buying treasury bonds! We had more supply, and less demand, and a rising 10 year yield. Suddenly we had a tremendous ‘flight to safety’. What a bunch of propaganda!

Willie also discusses reports from sources within MS that the firm’s veteran fund managers have been selling long-term stock positions, and states that whether it is MS or another brokerage, the next step in the chain of segregated client fund thefts will be the theft of PRIVATE SEGREGATED STOCK ACCOUNTS!

Read More @ Silver Doctors

Jay Taylor: Turning Hard Times Into Good Times

Part 2 click here

9/4/2012: From Economic Freedom to Fascism. Why is it happening in America?

What to Do When – Not If – Inflation Gets Out of Hand / By Jeff Clark /

The cheek of it! They raised the price of my favorite ice cream.

Actually, they didn’t increase the price; they reduced the container size.

I can now only get three servings for the same amount of money that used to give me four, so I’m buying ice cream more often.

Raising prices is one thing. I understand raw-ingredient price rises will be passed on.

But underhandedly reducing the amount they give you… that’s another thing entirely. It just doesn’t feel… honest.

You’ve noticed, I’m sure, how much gasoline is going up.

Food costs too are edging up.

My kids’ college expenses, up.

Car prices, insurance premiums, household items – a list of necessities I can’t go without. Regardless of one’s income level or how tough life might get at times, one has to keep spending money on the basics. (This includes ice cream for only some people.)

According to the government, we’re supposedly in a low-inflation environment. What happens if price inflation really takes off, reaching high levels – or worse, spirals out of control?

That’s not a rhetorical question. Have you considered how you’ll deal with rising costs? Are you sure your future income will even keep up with rising inflation?


Strategic Petroleum Reserves: The New Monetary Tool?

By EconMatters

Oil and commodities are rising with renewed talk of buying bonds in Europe and future stimulus from the Federal Reserve in the United States. The problem of course is that higher oil prices partially offsets some of the benefits of these Monetary Initiatives by leaders (It is debatable how effective these policies actually are in solving the real issues and problems).

One of Europe`s biggest problems is lack of actual growth in the Euro zone, and this means that they really cannot grow their way out of their vast debt troubles. It sure cannot help that much of Europe is paying $12 a gallon for gas. No wonder their economies are in trouble.

The way European economies are set up with regard to slow growth, mature countries with little innovation, high taxes, and even higher government spending commitments means the numbers just don`t add up. Europe could start from scratch with all debt forgiven and they would be right back where they are now in less than 10 years because the numbers just don`t add up. Until the numbers start to make sense all these monetary initiatives are just temporary stop gaps which actually make the numbers problem worse.

But since everything seems to be managed these days, and all markets are correlated globally with electronic trading and sophisticated trading algos, central governments might as well be in charge of the actual commodities they are juicing. Because in effect their policies are managing these commodities prices, from corn to gold, from gasoline futures to silver prices as it is all the same trade in the market`s perspective. (more)

Net Asset Value Premiums of Certain Precious Metal Trusts and Funds / By Jesse / September 4, 2012

Gold is still outpacing silver, and PHYS has climbed to a higher level of premium, levels which are a little on the high side.

The premium on PHYS is at levels not seen since the first quarter of this year.

As always there are several ways to resolve this. One way of course is for the price of gold to go higher. But PHYS can also decline in price.

Lets see if gold can break out above the psychological $1700.


Chart of the Day - Anheuser-Busch Inbev Sa (BUD)

The "Chart of the Day" is Anheuser-Busch Inbev Sa (BUD), which showed up on Friday's Barchart "All-Time High" list. Anheuser-Busch posted an all-time high Friday at $84.65 and closed up +1.00%. TrendSpotter has been long Anheuser-Busch since June 19 at $71.29. In recent news on the stock, Major League Baseball Properties and Anheuser-Busch agreed on Aug 22 to a 6-year renewal of their sponsorship agreement through the 2018 season. Under the agreement, Budweiser is designated the official beer sponsor of MLB and will be the presenting sponsor of the wild-card playoff games on Oct 5. Anheuser-Busch, with a market cap of $134.6 billion, is the leading American brewer with a 47.7% share of U.S. beer sales to retailers. It also brews and manufacturers ale, lager, and stout and is a major manufacturer of aluminum cans and has been a leading aluminum recycler for more than 30 years. It has production plants in Europe, the Americas and Asia.


The Real Hunger Games – Big Commodity Traders Control World Grain Market

from TheRealNews:

Four big traders have anywhere from 75 to 90 percent of the global trade in grains. They hold much of the world’s food supply in their hands. What’s wrong with this picture?

Thieving Thieves

by Bruce Krasting, Bruce Krasting Blog:

There was another chapter in the China Kleotocracy story the past week. Western press reported on a fellow by the name of Wang Guoqiang. Wang fled China with $30Mn in his pocket back in April. The problem is that the loot was stolen from the treasury of the city of Fencheng (Pop. 580,000).

The BBC and the Neue Zurcher Zeitung had the story. (I did not see it in the US press.):

Some quotes:

More than a million public servants have sent large sums abroad.

A million public servants? That’s a lot of crooks.

That officials create huge amounts abroad and then flee with their families is so common that the Chinese language has its own term: “Luo guan” literally “bare squad”.

It is the practice that corrupt officials get their families out of the country first, hence the term “bare.” I think this means that the Chinese are broadly aware that their political leaders are leaving the country with stolen money. It must be hard to govern when even slang language reflects what is happening.

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