“• European Parliament, Brussels, 21 November 2013 • Speaker: Godfrey Bloom MEP, Ind. (Yorkshire & Lincolnshire), Europe of Freedom and Democracy (EFD) group –http://www.godfreybloommep.co.uk • Debate: Action programme for taxation in the European Union for the period 2014-2020.”
“Once it has sunk in that such a move is perfectly acceptable in Europe, the US will declare its own bail-in policy. Those who still cling to some hope that there may be some good news here, may say, ‘Well, at least if I have less than €100,000 on deposit, I can still call that my own.’ These folks will be the same ones who are relieved that they are likely to be left out of a ‘one-time’ wealth tax that is currently being floated as another solution to the exorbitant operating costs of governments. However, any government that steals your money once is likely to have another go at a later date. And another and another. Once they are accepted at all—for any reason—governments tend to repeat them.”
https://www.internationalman.com/78-global-perspectives/1065-get-ready-for-confiscation
“These are the forces that will drive gold and other precious metals much, much higher in the months and years ahead. Not inflation. Not money-printing. Not even currency devaluation. But revolution and rebellion. The breakdown and eventual collapse of confidence in government. Keep all that in mind and you will profit handsomely from the coming new bull markets in the precious metals and other commodities. Here are the levels you need to watch for major lows in gold and silver in the weeks ahead. Right now, since gold and silver have tanked so hard, I would not be surprised to see a bit of a bounce. But a bounce is all it would be.”
http://www.moneyandmarkets.com/the-two-most-important-questions-about-gold-today-57140
“The World Bank has a new mission. The Economic Times tells us that the World Bank has a new enemy to confront. It is not poverty but ‘corruption.’ The reason that these enormous global facilities are receiving more and more power and authority is not because they work well or even work at all. It is because the internationalists who set them up want them to expand as a way of building world government. Call it directed history. These agents of globalism will continually acquire power no matter the reality of their missions. They were never what they appeared to be. In the 21st century, it becomes increasingly apparent as the Internet Reformation era advances.”
http://www.thedailybell.com/editorials/34855/Farce-of-Globalism-World-Bank-Becomes-Top-Cop/
“The U.S. Mint, the Royal Canadian Mint and Australia’s Perth Mint are all on course to set annual silver sales records this year. The reason: Demand for silver coins is surging because those who realize the fragility of the West’s debt-addled finances want some of their wealth parked in honest money. I’m one of those buyers. And if you see the value of insurance, you should be one of those buyers, too. Here’s what I find compelling …”
http://thesovereigninvestor.com/2013/12/19/dollar-bears-love-silver-coins/
“Is it because the Fed is now in tightening mode? Is the Great Experiment over? Was it a success? Or have gold investors misjudged things? Our guess: No, no, no and no. As we’ve been telling members of our family wealth advisory, the Great Experiment is NOT over. The Fed is NOT tightening. The economy has NOT revived. And gold investors have understood correctly that the Fed’s policies WON’T cause growth… or inflation. Instead, they will lead to stagnation, which could last for many years. Just look at Japan. When that reality sets in, so will a more determined… and direct… form of monetary stimulus. Gold’s day will come; but it may not come tomorrow.”
http://www.bonnerandpartners.com/a-vicious-collapse-in-gold/
“Germany’s largest bank (whose total notional derivative exposure relative to German GDP has to be seen to be believed), which was one of the top-five financial players in commodities, will cease energy, agriculture, base metals, coal and iron ore trading, it said in a statement. What will DB keep? Drumroll: only precious metals alongside a limited number of financial derivatives traders. Because one always need to be able to sell ‘paper-backed’ gold derivatives in order to keep the price of gold low while the NY Fed keeps procuring the hundreds of tons of physical gold demanded by the Bundesbank.”
http://www.zerohedge.com/news/2013-12-05/deutsche-bank-exits-commodity-trading-fires-200
“When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, he did two distinctly odd things. First, he broke with convention and announced the sale well in advance, giving the market notice that it was shortly to be flooded and forcing down the spot price. This was apparently done in the interests of ‘open government’, but had the effect of sending the spot price of gold to a 20-year low, as implied by basic supply and demand theory. Second, the Treasury elected to sell its gold via auction, which frequently achieved a lower price than the equivalent fix price. It seemed almost as if the Treasury was trying to achieve the lowest price possible for the public’s gold. It was.”
“Britain’s political debate over the future of its EU membership and the Prime Minister’s promise of European referendum in 2017 were cited as important factors in the uncertainty surrounding the Union’s future. ‘The UK has recently passed a bill calling for a referendum on continued EU membership, which is the first time in the EU’s history that a sitting government has proposed such a step,’ said the S&P statement. ‘Although this potential plebiscite is set for 2017, the UK general elections are expected in 2015 and we expect EU membership to be a key debate.’ Cuts to the EU budget earlier this year, for the first time in its 56 years history, are regarded as a major risk.”
“The European Union lost its top credit rating from Standard & Poor’s, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. Ratings remain under pressure more than four years after the outbreak of the European debt crisis, which led the EU to offer emergency financing to Greece, Ireland, Portugal, Spain and Cyprus to shore up their bonds and banks. European Central Bank President Mario Draghi’s pledge to do what it takes to save the euro has helped stabilize debt markets, while deficits and debt in most euro-area countries remain well above the limits set for membership in the single currency.”