Tag Archives: Goldman Sachs

Pam Martens ~ Treasury Secretary Jack Lew’s Infamous Ugland House Ties Pop Up Again In Foreclosure Check Scandal

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Wall Street On Parade May 9 2013

Jack Lew

That shady offshore tax haven known as Ugland House in the Cayman Islands strikes again. After consuming a chunk of Jack Lew’s Senate confirmation hearing, with Senators grilling Lew on why he owned an investment housed in this offshore tax dodge while working for the Obama administration, the Cayman Islands’ address has surfaced once again in the foreclosure settlement scandal.

On April 30 of this year, just 18 days after the first wave of checks from the Federal government’s settlement of the so-called Independent Foreclosure Review began arriving in the mail – and bouncing – Citigroup Venture Capital International (CVCI), Lew’s former Ugland House investment, bought a large stake in the company that was mailing the checks, SourceHOV, parent of Rust Consulting. As reported by Naked Capitalism, the ownership stake was made despite Citigroup being one of the banks in the foreclosure settlement.

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Ben Fulford (April 22 2013) ~ Three More Major Terrorist Incidents Threatened After Boston And Texas

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Benjamin Fulford

Korea

A member of the Japanese Yakuza was contacted by members of the cabal last week and told to inform the White Dragon Society that “after Kennedy and Bush would come Ronald Reagan, Bill Clinton and one other.” Since the Boston terror psy-ops included a bombing of the Kennedy Library and the missile attack in Texas took place close to the Bush ranch, the warning seems to be a hint that some major attacks linked to these two other presidents and “one other,” were planned for the near future.

Somebody has also placed a $1 billion bet on a major US stock market plunge this week in what may be a sign of foreknowledge of further major terrorist events, according to an MI5 source.

There is also evidence of a huge information war between two major factions in the US over the bombing attacks in Texas and Boston. The Department of Homeland Security (SS) Sabbatean mafia faction staged the Boston attack in an attempt to create a psychological atmosphere favourable to martial law, while the opposition inside the agencies clearly tried to sabotage this attack and make it clear to all this was government staged.

In contrast to this increasing infighting and negative news in the US, there has been very good news coming out of Asia last week. A White Dragon Society representative returned from Beijing where talks with Chinese military leaders made it clear China was not going to be fooled into war by any Sabbatean (Israeli) false flag attack in the area. In addition, on the subject of North Korea

it has been confirmed that talks with the South on reunification of the Korean peninsula are proceeding well. Furthermore, concrete moves are afoot for the normalization of relations between Japan and North Korea. The Pentagon has also given the green light for reunification of the Korean peninsula.

There is a lot we have been asked not to report at this time in order to prevent sabotage of the negotiations by Sabbatean agents. However, it will be major news when it does come out.

The Chinese military also said that even if they were forced to engage in military activity, they would not attempt anything big with their navy. Their navy is still so untested that during recent sea trials of their new aircraft carrier, most of sailors got seasick, an admiral offered as an example of their unpreparedness. If truly forced into war, they would use their overwhelming superiority in numbers on land, possibly in the Korean peninsula, the sources said. However, given the ongoing push for peace in the region, this was an extremely remote possibility.

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GE Christenson ~ Score: Banksters Two, Gold & Silver Zero

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Deviant Investor April 18 2013

Friday the 12th and Monday the 15th of April were memorable days. It is clear that both silver and gold paper markets were taken down via a devastating attack of naked short selling that triggered margin calls that accelerated the decline. Gold and silver investors panicked, and some sold into the lows.

We have been there before. Using SLV prices (slightly lower than spot silver), a high near $21 was reached in March of 2008. Markets crashed, both stocks and metals investors were seriously hurt, and the banksters received a bailout – TARP. Ancient history – but the point is that, in 2008, silver dropped about 55% from its high price, while gold lost about a third from its high price.

This smash-down, so far, has also seen silver lose about 55% from its high price, while gold has lost about 30% from its high price.

So how is it done? Chris Martenson explained it in simple terms. Link. He stated:

“So the timeline here is easy to follow. The bullion banks:

  1. Amass a huge short position early in the game
  2. Begin telling everyone to go short (wink, wink) to get things moving along in the right direction by sowing doubt in the minds of the longs
  3. Begin testing the late night markets for depth by initiating mini raids (that also serves to let experienced traders know that there’s an elephant or two in the room)
  4. Wait for the right moment and then open the floodgates to dump such an overwhelming amount of paper gold and silver into the market that lower prices are the only possible result
  5. Close their positions for massive gains and then act as if they had made a really prescient market call
  6. Await their big bonus checks and wash, rinse, repeat at a later date.”

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Michael Snyder ~ Is The Takedown Of Gold A Sign That The Entire Global Financial System Is About To Crash?

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Economic Collapse blog April 15 2013

Somebody out there is sure getting prepared for something really big.  We have just witnessed a takedown of gold and silver unlike anything that we have witnessed in decades.  On Monday, the price of gold had fallen by more than 10 percent at one point.  It shocked investors all over the globe, and overall what we have just seen was the largest two day decline in the price of gold in 30 years.  The price of silver dropped even more rapidly on Monday.  It was down more than 14 percent at one point.  There was an atmosphere of “panic selling” as investors and financial institutions raced to liquidate their holdings of silver and gold.  But was this exactly what someone out there wanted?  As I wrote about the other day, big banks and news outlets all over the world have been boldly proclaiming for weeks that gold is entering a “bear market” and that now is the time for all of us to sell our gold.  In particular, Goldman Sachs reportedly told their clients earlier this month that they “recommend initiating a short COMEX gold position“.  Was that just a “good guess” on their part, or was something else going on?  Were they actually trying to help create a “selling frenzy” that would drive the price of gold much lower?

What we witnessed on Monday was absolutely jaw-dropping.  Just check out this chart of the price of gold over the past 10 years.  The takedown of gold on Monday sticks out like a sore thumb…

The Price Of Gold

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Paul Craig Roberts ~ Assault On Gold Update

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Paul Craig Roberts April 14 2013

NOTE: Readers point out that gold weights are based on metric tons and Troy ounces. 500 metric tons of gold would be 16,075,000 troy ounces. This changes the arithmetic slightly but not the point

I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.

A fall in the dollar’s exchange rate would push up import prices and, thereby, domestic inflation, and the Fed would lose control over interest rates. The bond market would collapse and with it the values of debt-related derivatives on the “banks too big too fail” balance sheets. The financial system would be in turmoil, and panic would reign.

Rapidly rising bullion prices were an indication of loss of confidence in the dollar and were signaling a drop in the dollar’s exchange rate. The Fed used naked shorts in the paper gold market to offset the price effect of a rising demand for bullion possession. Short sales that drive down the price trigger stop-loss orders that automatically lead to individual sales of bullion holdings once their loss limits are reached.

According to Andrew Maguire, on Friday, April 12, the Fed’s agents hit the market with 500 tons of naked shorts. Normally, a short is when an investor thinks the price of a stock or commodity is going to fall. He wants to sell the item in advance of the fall, pocket the money, and then buy the item back after it falls in price, thus making money on the short sale. If he doesn’t have the item, he borrows it from someone who does, putting up cash collateral equal to the current market price. Then he sells the item, waits for it to fall in price, buys it back at the lower price and returns it to the owner who returns his collateral. If enough shorts are sold, the result can be to drive down the market price.

A naked short is when the short seller does not have or borrow the item that he shorts, but sells shorts regardless. In the paper gold market, the participants are betting on gold prices and are content with the monetary payment. Therefore, generally, as participants are not interested in taking delivery of the gold, naked shorts do not need to be covered with the physical metal.

In other words, with naked shorts, no physical metal is actually sold.

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Dave Hodges ~ Who Had Foreknowledge Of The Gulf Oil Spill?

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Activist Post March 16 2013

Between March 22nd and 24th of 2010, the Department of Homeland Security and the US Coast Guard conducted drills that they called “Oil Spills of National Significance”. What an amazing stroke of luck that DHS and our Coast Guard was so well prepared in proximity to the April 20, 2010 BP oil spill event.

It kind of reminds one of the drill simulating 9/11 when we prepared for terrorists who might fly planes into tall buildings while effecting a communications blackout during the drill which prevented a shoot down of the four planes hijacked on 9/11.

This oil spill drill also reminds one of the London subway bombers drill scheduled for the same day as the alleged “terrorist event.”

This is a story about an amazing set of coincidences regarding good luck and great timing in relation to the BP oil spill.

There are individuals and corporations which greatly benefited because they coincidentally moved money in the few short weeks prior to the Gulf oil spill. Of course, these are only coincidences. How do we know that these are only coincidences? Because the mainstream media (MSM) told us that was the case.

Goldman Sachs

Goldman Sachs sold 44% of its BP Stock three weeks before the Oil Rig disaster. Of course this is only a coincidence, isn’t it, and anyone that prints anything to the contrary is just a conspiracy theorist, aren’t they? If this is your belief, then please answer this question. How did Goldman Sachs do such an effective job of keeping these money movements out of the media?

Actually, the fact that Goldman Sachs sold 44% did not escape the media outlet MSN Money. They ran this same story, with the exact same facts, in June of 2010. Click on the link to the story now, and this is what you get in yet another example of MSM cover ups with regard to a false flag event.

How Did Goldman Sachs Exercise Control of the Media?

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Jim Willie ~ The Collapse Is At Our Doorstep (Part 2)

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Silver Doctors March 12 2013 (Thanks, A.L.)

Read Part 1 Here

Jim Willie

The Golden Jackass Jim Willie sat down with The Doc this weekend for the second part of an extraordinary interview regarding gold, silver, and what Willie believes will soon be a massive European banking collapse.

Willie states that a global financial collapse is now at our doorstep, and that the endgame will be triggered by a small-medium sized bank failure in Europe. Willie informs Silver Doctors readers that the coming European bust will ignite a global gold rush as the only remaining safe haven, will see an end to the reserve status of the US dollar, and will result in the arrival of the Gold Trade Finance platforms.

Willie also discusses The Fed’s futile attempts to re-inflate the housing bubble, and the series of climax events that will bring a breath-taking global financial collapse to our doorstep!

The Golden Jackass states that the coming collapse will devastate everyone in the West except those who are bold enough and brave enough to buy gold and silver now!

Jim Willie’s second part of an explosive, 2-part interview

The Doc began by asking the Golden Jackass what will most likely be the trigger event for a complete systemic collapse

Jim: I don’t think we’re going to see a default as a trigger event in gold or silver. I didn’t say we won’t see a gold and silver default, I said that it won’t be the trigger. There are just too many deep sources for gold that the central banks have access to. I refer to Basel Switzerland, the Roman catacombs, and the BOE, I think they’re pretty close to the bottom of their gold barrel, but they have big powerful friends in Rome and Basel Switzerland.

The trigger is not even going to come from within the US, because it’s just so controlled- the markets are being controlled from multiple different centers, in particular the Federal Reserve and the Treasury Dept, JPM, Goldman Sachs.

It’s just so corrupt to the core, and we’re seeing a blossoming of the fascist business model and the corruption that’s accepted.

Attention should be drawn to Europe. Look at some of the most recent events that are really quite staggering.

The Italian elections kicked out the GSax preppy Mario Monti. I’m surprised that he’s not being thrown off a palace balcony. It’s directly in response to hikes that Monti imposed on property tax to finance the bankers! The Italian people have a much more effective political system than the US!

Italy actually has elected a comedian! This is like electing John Belushi to form a coalition government! Mario Monti is on the way out. What does that mean? The defense of their dead banks with liquidity lines and property tax hikes will end in the near future!

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Douglas J. Hagmann ~ Racing For The Exits

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On February 20, 2003, a deadly fire caused by the use of pyrotechnics resulted in the deaths of 100 people and the injuries of 230 others at the Station nightclub in West Warwick, Rhode Island. According to official investigative accounts, it took  less than six minutes for the nightclub to be fully engulfed in flames and completely destroyed. In just over five minutes, the lives of many people were changed forever, and no one inside of the club saw it coming until it was too late.

At present, the United States of America is metaphorically comparable to that nightclub, and the citizens of the U.S. as its patrons. Our elected officials (past and present), the Federal Reserve, and the Wall Street elite are the individuals who lit the fuse. Unlike the individual who lit the pyrotechnic display at the nightclub, however, those involved in destroying our national economy are arsonists who are intentionally burning our country to the ground. They have no allegiance to the U.S., her citizens, or anything beyond their collective lust for a global economy.

Others are intentionally blocking some of the exits. Unfortunately, too few people understand what is taking place, or they have become transfixed by the unchecked flames of the wayward pyrotechnics of the international bankers. You are being looted, right now, as you read this.

Some call it “doom porn”

With the Dow recently hitting a new record high, I will undoubtedly be accused of authoring “doom porn,” especially by those who follow the Keynesian model of economics that, among other factors, brought us to this very point in our economic history. After all, look around; people are still buying big ticket items, taking vacations, and living a relatively normal life, and are seemingly unscathed by our current debt crisis.

I can hear it now… “What crisis?” We are experiencing our eighth longest “bull market” since 1928, thanks to the efforts of Federal Reserve Chairman Ben Bernanke, among others. But it is nothing more than a Ponzi scheme and you, dear reader, are the unwitting victim.

Much like our current financial situation, there were people inside the nightclub that initially believed that the fire that consumed the venue was a controlled part of the act. Others knew there was a problem and headed for the exits. Some escaped unharmed, some were injured, while others perished. Some were trampled or crushed to death in their race to the exits. So too will it be in the United States.

Controlled demise

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Paul Joseph Watson ~ Why The Banking Elite Want Riots In America

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Global Research February 22 2013

Every indication clearly suggests that authorities in the United States are preparing for widespread civil unrest. This trend has not emerged by accident – it is part of a tried and tested method used by the banking elite to seize control of nations, strip them of their assets, and absorb them into the new world order.

There is a crucial economic imperative as to why the elite is seeking to engineer and exploit social unrest.

As respected investigative reporter Greg Palast exposed in 2001, the global banking elite, namely the World Bank and the IMF, have honed a technique that has allowed them to asset-strip numerous other countries in the past – that technique has come to be known at the “IMF riot.”

In April 2001, Palast obtained leaked World Bank documents that outlined a four step process on how to loot nations of their wealth and infrastructure, placing control of resources into the hands of the banking elite.

One of the final steps of the process, the “IMF riot,” detailed how the elite would plan for mass civil unrest ahead of time that would have the effect of scaring off investors and causing government bankruptcies.

“This economic arson has its bright side – for foreigners, who can then pick off remaining assets at fire sale prices,” writes Palast, adding, “A pattern emerges. There are lots of losers but the clear winners seem to be the western banks and US Treasury.”

In other words, the banking elite creates the very economic environment – soaring interest rates, spiraling food prices, poverty, lower standards of living – that precipitates civil unrest – and then like a vulture swoops down to devour what remains of the country’s assets on the cheap.

We have already seen this process unfold in places like Bolivia, Ecuador, Indonesia, Greece and Argentina. Next on the chopping block are Spain, Italy, Britain and France – all of which have seen widespread riots over the last two years.

As Ha-Joon Chang explains in the Guardian, the roots of Europe’s riots were sparked by “governments inflicting an old-IMF-style programme on their own populations,” namely the same programs of “austerity, privatisation and deregulation,” that caused the riots of the 80′s and 90′s in poorer countries.

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Paul B. Farrell ~ 10 Signs Wall Street’s Soul Sickness Grows Worse

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MarketWatch February 5 2013 (Thanks PJ)

Yes, the Dow and S&P500 hit new highs. But the rally’s hiding huge risks: “GDP turns negative as U.S. economic recovery stalls,” screams one headline. Another hears a “Ticking Time Bomb.”

World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ market crash.” Another, Nouriel Roubini, says “prepare for a perfect storm,” while Bond King Bill Gross sees a “credit supernova” dead ahead.

Rally? Bubble? Crash? Global? Is the economy “peaking?” Are we on a long, slow-growth downhill slide to a 1% GDP? Is our banking system infested with a soul-sickness virus? Is Adam Smith’s capitalist ideal turning against our markets and economy, accelerating the odds of more brutal competitive wars over an ever-shrinking, low-margin profits pool?

The answers became obvious in a disturbing new comment from Seth Godin, best-selling author of “Unleashing the Idea Virus” and one of America’s leading minds: “If, 70 years ago, you asked Henry Luce, ‘What is Time magazine for?’ he’d probably talk about setting society’s agenda, capturing the attention of the educated and powerful and most of all, delivering the best weekly news package he could. Today, the answer is clear. The purpose of the magazine is to make as much money as possible. Everything else is in service of that goal. It used to be that the profit enabled the magazine to reach its goals. Today, the goal is to reach the profit.”

Profits, profits, profits: Godin warns that our obsession with profits is infecting the entire American culture. Godin is onto something. Ask yourself: Has the decline of America’s GDP something to do with our addiction to profits backfiring? Has our obsession with profits come at the expense of our nation’s humanity? Are GDP, profits and capitalism now America’s “moral compass,” the false god Jack Bogle, Vanguard’s founder, wrote about several years ago in his classic, “The Battle for the Soul of Capitalism”?

How Wall Street amputated Adam Smith’s ‘invisible hand’

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Paul Joseph Watson & Alex Jones ~ Why The Banking Elite Want Riots In America

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Infowars.com February 11 2013

Every indication clearly suggests that authorities in the United States are preparing for widespread civil unrest. This trend has not emerged by accident – it is part of a tried and tested method used by the banking elite to seize control of nations, strip them of their assets, and absorb them into the new world order.

There is a crucial economic imperative as to why the elite is seeking to engineer and exploit social unrest.

As respected investigative reporter Greg Palast exposed in 2001, the global banking elite, namely the World Bank and the IMF, have honed a technique that has allowed them to asset-strip numerous other countries in the past – that technique has come to be known at the “IMF riot.”

In April 2001, Palast obtained leaked World Bank documents that outlined a four step process on how to loot nations of their wealth and infrastructure, placing control of resources into the hands of the banking elite.

One of the final steps of the process, the “IMF riot,” detailed how the elite would plan for mass civil unrest ahead of time that would have the effect of scaring off investors and causing government bankruptcies.

“This economic arson has its bright side – for foreigners, who can then pick off remaining assets at fire sale prices,” writes Palast, adding, “A pattern emerges. There are lots of losers but the clear winners seem to be the western banks and US Treasury.”

In other words, the banking elite creates the very economic environment – soaring interest rates, spiraling food prices, poverty, lower standards of living – that precipitates civil unrest – and then like a vulture swoops down to devour what remains of the country’s assets on the cheap.

We have already seen this process unfold in places like Bolivia, Ecuador, Indonesia, Greece and Argentina. Next on the chopping block are Spain, Italy, Britain and France – all of which have seen widespread riots over the last two years.

As Ha-Joon Chang explains in the Guardian, the roots of Europe’s riots were sparked by “governments inflicting an old-IMF-style programme on their own populations,” namely the same programs of “austerity, privatisation and deregulation,” that caused the riots of the 80′s and 90′s in poorer countries.

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Rand Clifford ~ Only One Solution To The Fed Debt Trap

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Activist Post | January 31 2013

The Oxford Dictionary of Proverbs lists the oldest written version of the saying “what you don’t know can’t hurt you” as coming from playwright George Pettie’s Petit Palace in 1576:“So long as I know it not, it hurteth me not.”

Several Rothschild-controlled centuries later, what Americans don’t know about “the Fed” may be fatal.

The Fed gained control of America’s money in 1913. Government debt now soars toward $17 trillion. Interest paid to service this debt, for the year 2011 alone, was $454,393,280,417.03, largely funneled by the Fed to eight international banking families:

Rothschild’s of London and Berlin; Lazard Brothers of Paris; Israel Moses Seaf of Italy; Kuhn, Loeb & Co. of Germany and New York; Warburg & Company of Hamburg, Germany; Lehman Brothers of New York; Goldman, Sachs of New York; Rockefeller Brothers of New York.

Ever heard a better argument for entitlement reform?

Rothschild wealth alone is estimated at $500 trillion.

Keeping the America public ignorant of why debt crises and threatened government shutdowns are a semi-automatic ruse aimed at social programs; reinforcing that cherished ignorance is a vital function of mainstream corporate media (MSM). Prevailing “see no evil, hear no evil, speak no evil” public attitudes toward the Fed are boosted by the trouble decent people have even imagining such an epic crime…there must be a law! Then, there’s faith…I really want to believe the Fed is part of the federal government.

No matter how many times former Fed Chairman Alan Greenspan and others remind us that the Fed is an untouchable independent agency, people like to believe what they want to believe, regardless.

An image problem with our country’s first two Rothschild-controlled central banks was transparency of the name, “U.S. Central bank”, or “BUS” (Bank of the United States).

Our current “Federal Reserve System”…now there’s a name with enough mojo to span a century, and even juice Congress into re-chartering the Fed for another 100 years (to 2113). MSM went totally mild.

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Brandon Smith ~ How the Elite Will Sell Global Collapse To The Masses

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Activist Post | January 31 2013

In our modern world there exist certain institutions of power. Not government committees, alphabet agencies, corporate lobbies, or even standard military organizations; no, these are the mere “middle-men” of power. The errand boys. The well paid hitmen of the global mafia. They are not the strategists or the decision makers.

Instead, I speak of institutions which introduce the newest paradigms. Who write the propaganda. Who issue the orders from on high. I speak of the hubs of elitism which have initiated nearly every policy mechanism of our government for the past several decades. I am talking about the Council On Foreign Relations, the Tavistock Institute, the Heritage Foundation (a socialist organization posing as conservative), the Bilderberg Group, as well as the corporate foils that they use to enact globalization, such as Monsanto, Goldman Sachs, JP Morgan, the Carlyle Group, etc.Many of these organizations and corporations operate a revolving door within the U.S. government. Monsanto has champions, like Donald Rumsfeld who was on the board of directors of its Searle Pharmaceuticals branch, who later went on to help the company force numerous dangerous products including Aspartame through the FDA. Goldman Sachs and JP Morgan have a veritable merry-go-round of corrupt banking agents which are appointed to important White House and Treasury positions on a regular basis REGARDLESS of which party happens to be in office. Most prominent politicians are all members of the Council on Foreign Relations, an organization which has openly admitted on multiple occasions that their goal is the destruction of U.S. sovereignty and the formation of a “one world government” or “supranational union” (their words, not mine).

However, one organization seems to rear its ugly head at the forefront of the most sweeping mass propaganda operations of our time, and has been linked to the creation of the most atrocious military methodologies, including the use of false flag events. I am of course referring to the Rand Corporation, a California based “think tank” whose influence reaches into nearly every sphere of our society, from politics, to war, to entertainment.

The Rand Corporation deals in what I would call “absolute gray”. The goal of the group from its very inception was to promote a social atmosphere of moral ambiguity in the name of personal and national priority. They did this first through the creation of “Rational Choice Theory”; a theory which prescribes that when making any choice, an individual (or government) must act as if balancing costs against benefits to arrive at an action that maximizes personal advantage. Basically, the ends justify the means, and moral conscience is not a factor to be taken seriously if one wishes to be successful.

Hilariously, rational choice theory has been attacked in the past by pro-socialist (collectivist) critics as “extreme individualism”; a philosophy which gives us license to be as “self serving” as possible while feeling patriotic at the same time. In reality, the socialists should have been applauding Rand Corporation all along.

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