2 Minutes To Midnight: Part 2

As the clock winds down and the mass public ignorance ramps up due to a mass onslaught of propaganda, the cold war that never ended continues.

Libyan gold has been stolen - approximately 53 tonnes, the 3 main water aquifers of Libya that provided most of northern Africa with water have been taken over, and the sovereign Libyan fund with hundreds of billions of dollars has gone missing. The strategic geo-political placement of Al-Qiada rebels has brought about civil war in Libya with native and neighbooring tribes being killed in a massive genocide all funded by US dollar and North Atlantic Treaty Organization money under the auspices of "humanitarian" efforts. Libya had the highest standard of living in all of Africa and has some of the best sweet crude in all of the world. Colonel Gaddafi was looking to and had already established the plans to go to a gold-backed dinar currency to be circulated among the Libyan people. This was starting to weed out the speculative financial terrorism brought on by the western banking system that worships financial weapons of mass destruction in the form of derivatives such as credit default swaps and collateralized debt obligations. Libya was starting to become completely sovereign. Gaddafi was starting to break ties between western nations such as the UK, USA, and France. The western banks could no longer exercise their power in Libya due to the financial independence that Libya had moved towards. This move could no longer be tolerated and the banks with NATO forces had to take Gaddafi out. The mainstream media (along with Al-Jazeera) called for the end of Gaddafi as the propaganda went into white-wash overdrive portraying Colonel Gaddafi as a cold-blooded killer who kills at will, women, children, men, and anyone who gets in his way. Don't get me wrong, Gaddafi was no saint, but there seems to be a direct relationship between media and western foreign relations. For Canadians, the thing that should concern them is blowback from federal tax funding of bombing the country of Libya through the encouragement of "THE HARPER GOVERNMENT" and NATO-led raid. When western governments say jump, the media doesn't even ask how high until they are up in the air. CNN, MSNBC, CBS, FOX, CBC, CTV, GLOBAL, and all other mainstream media conglomerates and associations are guilty of international warcrimes and have supported either directly or indirectly, the murder of thousands of people in Libya alone. They do not have to report the truth, they only have to portray a strong enough opinion that is convincing to the same effect that Edward Bernays had on public relations. They are in part responsible for the mass killings and lower standard of living in northern Africa, particularly Libya. The press has not been "free" by the people for a very long time.

Now, we turn to Syria.  Dr. Webster Tarpley a well known author, historian, and investigative journalist has recently visited Syria. In speaking with the locals, Tarpley discovered that many did not oppose the Assad leadership/regime. Many of the locals did not think the Assad government was tough enough against the insurgents in the country. Insurgents likely placed by in Syria and backed by western intelligence such as the CIA, Mossad, and MI-6. Much of the instability in Homs, Syria is due to snipers. These snipers are killing and slaughtering many native Syrian residents who are afraid to leave their homes in the daytime. The sniper activity has created much instability amongst the people while color revolutionary movements and demonstrations have been operational while the snipers protect the said operation. Tarpley has gone quite public in announcing that there is no general public revolution going on and that once again the media is selling newspapers and looking for ratings. Unlike other Arab countries, Syria hasn't fallen trap to US dealings in finance and business for the exchange of oil. However, the plan has been made clear as stated above with Libya that if you do not do what western countries favor, then your country must be taken over.

The UN - an unelected and unaccountable independent agency, has recently announced that the Assad government is killing children, in particular babies. This is being driven by the media among other things in conjunction that Syria hates the west, hates the western freedom, are muslim extremists, are providing shelter to terrorist forces, and so forth. Again, we must learn from history or we are destined to repeat it. All we need to look to for examples is Libya, Iraq - yellowcake and WMDs, Afghanistan - Osama bin Laden, Iraq - Kuwait, and Palestine to know what is going on here. Strategically, TPTB see this area as an opportune region in between China, Russia, and Pakistan - opposing nuclear powers AND border American defenses in Turkey, Iraq, Afghanistan, and the state of Israel - a western nuclear power. Why is this area so coveted? Oil, opium, and trade/financial sanctioning.

The sleeping giant in this area has been Russia. Russia has been building up it's arms for some time and now has an estimated 10,000 tactical nuclear warheads. It is also estimated that the US only has a few hundred now. Vladimir Putin has led the charge in rebuilding the defenses of Russia while being a diplomat the whole time. Russia stood on hold as NATO forces have completely taken over Libya with Al-Qiada rebels placed into Libya, funded by the US. Putin denounced NATO occupation and aggression proving to the world at large that he knows the consequences it reaps on humanity. Putin is no saint either being an ex-KGB agent, but at least he has the will to call a spade a spade in this time of world bullying by the NATO countries. Unknown to most of the public (thanks to the media), Russia has become the world's largest oil producer and exporter and now have the second-most powerful military on the globe. Much of the Russian technology has proven to be far superior to that of US, Canadian, and British technology - as is the case with Mi and Ka series helicopters. That is not only what is in Russia's arsenal, they now have "fourth generation" submarines that are reportedly the quietest of any submarines in existence. They also have new "fifth generation" Sukhoi stealth fighter jets at their disposal which would outpace, outmaneuver, and outgun the western F-22 fighter jets.

Why is this of significance? One word: "allies". Russia is allied with many former Soviet union countries, China, Iran, and Syria. Medvedev and Putin have just recently provided Syria with a stout surface to air missle defense system to prevent a NATO air-raid that we saw in Libya. This missle defense system is a modern system has reportedly become operational thanks to Russian engineers and scientists placed in Syria. One could look to Hollywood to see the potential scenario for disaster in the movie, "Thirteen Days" with JFK played by Bruce Greenwood. The movie depicts the Cuban missile crisis and how close the world came to nuclear war. Within 9 months of each other, the USSR and the US detonated/tested nuclear hydrogen bombs. The movie shows the predicament the Kennedys were faced with to fend off the military industrial complex that Dwight D. Eisenhower warned of. The JCS (Joint Chiefs of Staff) were trying to force the US into war with the USSR and General of the Air Force, Curtis LeMay, was particularly longing for war. This is when the doomsday clock approached it's closest point to 12, by 2 minutes. The scenario of attacking Cuban launch points would lead to an attack on Munich, Germany by the Soviets. That would lead to a further retaliation by the US to attack the Soviet Union and other strategic points. The world came very close to nuclear war and we are approaching a similar '2 minutes to midnight' scenario again.

If NATO launches an attack on Syria under the guise "humanitarianism" then the Russians will strike. Putin a man of his conviction, will not rest again in launching an attack on the NATO forces. Again, we see the scenario of the Cuban missile crisis unfolding once again. If history is to teach us anything, it must teach us to follow money. Most of the financing for WWII was instituted by US and British bankers who funded the Allies, Hitler, and Stalin. There are many a good book out there that cover this unofficial account of history ... just look at the Ford or GM vehicle you are driving and it will eventually lead you to WWII profiteering on both sides. Financing never stops in the pursuit and build-up to war. Russia is very well sovereign in it's position to fund it's military might, along with China.

When war happens, it happens quick. The governmental decision-making is behind closed doors before the public knows about the next or first strike. This is why it is imperative that one prepares for the worst of scenarios by having a proper food, shelter, self-defense, and a source of alternative currency and wealth in the form of physical gold and silver. It may not come to fruition, and Lord help us that it doesn't, but you likely will not know from your "trusted" source of news in this day and age that everything is fine and guaranteed.

2 Minutes To Midnight

The recent collapse of MF Global has brought about a certain despair in the markets. Many people are suggesting that it could be a precursor to the failure of Lehman Brothers or Bear Stearns and the subsequent crash of the stock market. I don't think this is necessarily the case, but it is definitely something worth taking stock of. As I have covered in my previous post "Just Throw Money At It", I talked about John Corzine's connections and previous involvement with Goldman Sachs. Let me just make this clear to anyone who doesn't know, GOLDMAN SACHS IS A TERRORIST ORGANIZATION. They prey upon making competitive and/or uncompetitive corporations and firms to make them go belly-up, as was the case with AIG Insurance. Then they consolidated them either through intervention by the Federal Reserve with bailout money as we have previously seen or bet against their failure by buying stocks, options, or derivatives and shorting them causing perpetual collapse. GS is the empire of snakes and hyenas and they co-exist in their sacred dens - Capitol Hill, The White House, EU Parliament, and the Parliament of Canada. 
However, there is much to say for JP Morgan as well in this realm. JPM runs the Chicago Mercantile Exchange Group (CME Group) and establishes the oversight and authority to maintain that specific commidity market. There is much speculation that JPM raised margin requirements to MF Global, independently. If this was surely the case, MF Global would have to meet this requirement and/or every contract tied to every investor be it an asset managing firm or otherwise. To put it into layman's terms, MF Global did not raise the capital required to meet a margin requirement and put it's contracts and business at risk. If this is the case one could immediately point to the management of John Corzine. Another scenario is that JPM was shorting everything to do with MF Global. I wouldn't dismiss that allegation due to JPM's inner nature of financial terrorism.

The thing to keep in mind when dealing with commodity futures contracts is that commodities have different rules than stock ownership. On the COMEX (JPM/CME - toilet) you can purchase futures on margin. When purchasing on margin you are subject to "hypothecation". What is hypothecation?

Well according to investopedia, it is "When a person pledges a mortgage as collateral for a loan, it refers to the right that a banker has to liquidate goods if you fail to service a loan. The term also applies to securities in a margin account used as collateral for money loaned from a brokerage." Furthermore, it goes on to say, "You are said to "hypothecate" the mortgage when you pledge it as collateral for a loan."

Well there you have it. The contracts that could not be fulfilled through a margin requirement increase where liquidated, despite what investors had in them for money. This should come as no surprise and that is why it is important to know what kind of financial terrorism that convolutes the JPM crystal ball COMEX. There are many people that are getting worried that this could lead to a complete takeover or liquidation of their own personal portfolios due to the disinformation or misinformation that is being propagated out there. When you purchase stock in a company you become a part owner of that said company - that company is partly your's because you can evidence your equity in it. He who has equity invested is entitled to redemption in equity. Basically, you can evidence something is your's if you evidence your investment and if somebody steals your equity, then you are entitled to equitable remedy from the other party breaking the law. Nobody can steal or liquidate your company or stock without you consenting to it, period.

It will be a while before the MF Global situation is worked out, it might even be years. We will see what happens. I do not forsee all of the money being recovered and it could be lost forever due to some "creative accounting" by the GS creature, John Corzine and/or JPM. The FBI, SEC, and CFTC are investigating the matter, but I think there will be some reluctance in the indictment of John Corzine and his associates at MF Global. I do not expect them to do any jailtime because the justice system in the United States is bought and paid for and there is a cancerous financial interest that runs rampant through it all the way up to Eric Holder and Elena Kagan, another Goldman operative.

The European Union is falling apart right now, but Angela Merkel is hellbent on keeping the idea - that's all anykind of government is, an idea - afloat and heading toward the frozen waters with perilous icebergs in it. Germany is in a position of major influence. The scenario is much like each nation state in the EU jumping overboard into frigid waters dying of hypothermia, but Germany seems to be surviving a little longer because they are wearing a thermal neoprene suit. Sooner or later, Germany has to get hypothermia and it seems it's well on it's way. The German finance minister, Schauble, and Merkel together, are determined to keep the EU going. They are using this opportunity with their hypothetical thermal neoprene suits on to gain dominance over the other nation states. In terms of keeping the EU operational, they must be unconstitutional in lending and the ECB has to receive bailout money from sovereign central banks and this is what Merkel and Schauble want to push on the people. They want the true sovereigns (the people) to pick up the tab for saving the EU, not necessarily the Euro currency, but the European Union in order to implement their control of their new world order - or at least their new european order. The continual drum beating of bond sales and the boasting of high yields on such bonds indicates that their ponzi scheme is about to collapse. It's bad enough that countries participating in the dog and pony show of the EU don't have any electoral procedure in the appointment of EU chairpersons, but they will become completely betrayed and taken over if this is allowed to happen by violating the German consitution for the appropriation of funds. More austerity and inflation are to come about and there will be a mass revolting across Europe as we have seen with Greece and Iceland. Member states must break away and become sovereign once again. The people of all Europe have a voice in Nigel Farage. Farage has properly determined that the EU was already failed once it began and has spoken out about the destruction of the middle class through austerity, poverity, and the transference of once democratic decision making to a beaurocratic oligarchy in the unelected designates of the EU - "the Brussels bunglers". In reference to the EU, Farage succinctly summed it up when he said that the EU "should be confined to the dustbin of history", I couldn't agree more. The EU just doesn't work and will never work. With no respect to Barosso or Von Rompouy, those two reprobates would just prefer that nobody had a say in their new totalitarian empire and are eager to push through devastating plans for the financial sector at whatever the cost because they are bought and paid for by the European banks.

Speaking of banker sociopathological financing, the Republican GOP debate on National Security was held last night. The focus was war, war, war, war, and more war. It wasn't narrowly confined to just Iran, but worldwide. The message of USA intervention in any nation that doesn't go along with the new geo-political neo-con agenda will be invaded and dictators, presidents, and prime ministers overthrown to further continue USA-led interests. The run for presidency by the GOP candidates with the exception of Ron Paul, is marked by fear mongering and war mongering because "the islamist extremist religions hate our freedom". Does this remind you of anything? How absurd it would be for the American people and the rest of the world to buy this message. No they hate you because you have retarded bought and paid for politicians who create wars, nation-build, and intervene in all sovereign countries' affairs with the use of the CIA, State Department, DHS, and heavy propaganda. If the American people bought this eerily similar message to that of the Bush/Cheney administration, I fear the US is over. 'Stick a fork in 'em they're done'. The continuity of government and media will eventually push the US over the edge into a state of martial law wherein the now militarized police will open fire on the American people in mass and will lead to the unlawful death and detention of many citizens. They would be stupid to do such a thing, but that's where things are heading - a descent into despotism and tyranny.

The Republican GOP candidates are further trying to gain support for helping and aiding Israel which is a nuclear threat to the world. Not to mention they are advocating racial profiling, increasing predator drone strikes in Pakistan, increased detainment based on said racial profiling, ammending the so-called "PATRIOT ACT" to a more draconian statute that seperates and perverts the rule of law from any kind of terrorist act, and the ever increasing threat of secret citizen assassinations. Whether it's the new favorite - Newt Gingrich, or Herman Cain, Michelle Bachman, Rick Santorum, Mitt Romney, Rick Perry, or Jon Huntsman; they are all pushing us to the brink of war. Thus, we are ever closing in on the "2 minutes to midnight" precedent which was set after the US and USSR each tested Hydrogen bombs within 9 months of each other. 2 minutes to midnight is a reference to the Doomsday Clock time where the likelihood of nuclear disaster was to occur, not to mention the hit single performed by Iron Maiden. Today's article combines this dire threat along with financial systemic circumstances worldwide.

Getting back to the Republican GOP candidates, they wish to steal votes from Ron Paul supporters with many mixed signals and contradictions in their own statements. Rick Santorum strategically said he agreed with Ron Paul in a blatant attempt to boost his popularity among supporters. Newt Gingrich said, "my friend Ron Paul" in a similar attempt. What they are doing is they are trying to give the impression that they are somehow empathetic and sympathetic to the virtues of liberty and freedom that Ron Paul supports in his belief structure. They are doing this because the American people are tired of giving up their liberties for government protection and it's no longer an easy sell with more and more waking up to the government-sponsored terrorism and color revolutions worldwide. They tried to link Syria-to Iran-to Al-Qiada-to terrorism to further intervention on a huge geo-political scale. This is the sound of alarm bells and should indicate to you that these psychopaths want to takeover the world and will continue to use "terrorism" as the pretext. Terrorism is so vague in legal defintion that it presents an immediate threat to the citizens of all countries. What about the banker terrorism that is going on? No mention of the need for war against them, how unfortunate. If Ron Paul doesn't become president, it will be time to move to another country that is safer if you are currently living in the US.

Amidst all of this turmoil with markets being down, there are a few worthwhile investments, not many, but a few and they are all to do with gold and silver related assets and oil.  Oil will be under continual squeeze and dry supply with the threat of war.  This is the primary driver in oil-related assets increasing.  The manipulated market is coming to a bottom and should be baselining in terms of gold and silver pricing. This is an excellent opportunity to buy and accumulate physical coins and bullion.    Eric Sprott, CEO of Sprott Asset Management, just submitted an order to buy $1.5billion to buy silver for the PSLV.  This equates to about 10,000 contracts, approximately the same amount that JPM is reportedly still short.  This will put a squeeze on physical and aboveground supply.  When Sprott buys or sells it is a huge move and pushes the market to the upside because he delivers the physical unlike JPM or HSBC.  If QE3 does not come, everything will fall in value to gold and silver.   Even in down markets gold and silver still present that store of value that everybody needs in this day and age.  If there is QE3, gold and silver will dramatically increase in price and value as everybody rushes for the exits from their paper currencies to the store of value. When they do this it will put a strain on already scarce aboveground supplies and will consequently create a large and long secondary stage of increasing valuation in gold and silver. We know the EU is toast, China has it's own inflationary problems and are buying mass amounts of gold and silver to curb that inflation, along with India and Russia. The USA is no better and is at a point of blackout in the market sooner than later. There is so much uncertainty fuelling gold and silver fundamentals that you would be a lunatic not to buy some as soon as possible. The ship is heading towards the iceberg and the skipper is drunk and asleep at the helm.

It is important to understand that the shares of stock are extremely undervalued right now and will produce the largest gains in comparison to the physical. There are many mining and exploration companies out there, but one must engage in due diligence to make the right investment. Look for companies that have management with proven track records, aren't frivolous spenders on exploration or production, and are based in a geographical region that isn't threatened by that particular countries' government. Governments in South America and across the world are ever-nationalizing mines and closing it out to the private sector. This is important to know when looking for a sound investment. As gold and silver appreciate, the mining companies will appreciate in value as well. Nothing else right now comes close, not savings, definitely not bonds, not recommended RRSPs-mutual funds-401Ks, or options. Nothing is going to come close to gold and silver related assets.

There is a new class of people in North America now.  This new class is a class of people that are tradespeople, nurses, engineers, skilled laborers, business and finance people, etc.  Who are they?  They are the increasing number of employed homeless people who are continuing to suffer from the current situation.  The number of these people will continue to increase.  This is very, very unfortunate to know that these people are just like you and I.  This could happen to anyone of us.

The clock is counting down and you have your "Y" in the road.

Just Throw Money At It: Part 2

EFSF bailed out by ECB, Berlusconi resignation, and coming inflation.


There is much ado that is at work around the world.  So much so that I had to share with you some very relevant information.  Silvio Berlusconi has been the longest serving "ruler" of Italy.  The word ruler was inserted to quantify this man's love for himself.  In a prideful attempt to bluff the Italian people, Berlusconi threatened to resign if the Italian parliament passed the new budget reforms which further impose austerity on the Italian people.  He recently just handed President Napolitano his resignation today.  The Italian people have already been hit with high inflation in the wake of the country's debts and now will have to experience more of it thanks to the expectation of Mario Monti to assume the responsibility for putting together a new cabinet.  As mentioned in the previous post, Monti represents the antithesis of recovery being a Keynesian economist, a FED insider, a Goldman Sachs insider, a Rockefeller frontman, and a Bilderberger.  What more could you ask for in wishing to have a highly inflationary leader?

Europe has failed miserably, just when we thought the Federal Reserve was insane we've come to discover that the European Union has one-upped the FED in the fact that there aren't any brains present within the financial sector.  The EFSF (The European Financial Stability Fund - oxymoronic) in the form of bonds, could not raise the necessary capital required for it's bailout from outside providers and bought up it's own bonds - hundreds of millions worth, effectively monetising it's debt.  European leaders could not persuade the Chinese or the Japanese to buy the EFSF garbage bonds and have resorted to screwing the public once again.  Holders of EU currency will likely be outraged when they start to feel the value of their euros diminishing in a printing press frenzy as part of the monetization.  The EU was strongly trying to avoid resorting to it's own central bank, the ECB, to provide the funding for the tantamount EFSF.  Afterall, the European Central Bank has no money, it simply has to create it out of thin air like the FED does.  The EU will likely be faced with this same problem again down the road and who will want to bail the EFSF again?  Nobody, that's who.  No central bank, sovereign fund, nor country will want anything to do with the trash in europe.  So, the EU will then again have to turn to the ECB to further monetize the debt.  The question that most people in north america are likely asking is, "what do I care, what does this have to do with me? that's over there, not here".  After a look at this move, the FED will have a hard time trying to explain to taxpayers in the US to bailout this garbage.  What will eventually happen is the firms and banks that are holding these adulterous assets on their books in the US and Europe is they will face insolvency.  And yet again who will come to the rescue of these TBTF (too big too fail) financial institutions?  You guessed it, the printing press they own and control, the Federal Reserve Bank.  With no reserves available it would have to inflate the currency supply even more!  This may explain why there has been some information leaked by highly credible people that the US may have a new currency up it's sleeve in which to play and absolve the bailouts in the process.  What happens to europe?  European countries such as France and Germany have already started creating their old currencies again for fear of the current situation.  It is highly likely that major european countries such as France and Germany will defect from the EU leaving their neighbor's yard with the rapid dog in it.  These countries will then be faced with these humongous debts on their own country's banks books and will have no resort, but to bail them out as well.  Many of the banks in europe will effectively become nationalized in their defecting countries.  This will be very inflationary and likely hyper-inflationary as now again sovereign countries will try to compete with the remaining EU.  For these defecting countries, they will be absolving the bankster debt and will try to restore production.  It will be temporary production as most bubbles usually are and will leave the people dirt poor as they continue to run their currencies into the ground.  Financial institutions in other countries such as Canada will be faced with the same problem with their own banks.  It will be a systemic collapse worldwide as the markets are so inter-continentally connected to one another.  If you don't own gold and silver coins, bullion, and shares, you will be missing out on the greatest transfer of wealth and you will watch your savings and generic investments lose their purchasing power to inflation.  The race to debase begins.

Just Throw Money At It

EU falling apart, precious metals price supression, economy, and the looming war with Iran.

The world has come to it's point of no return. The markets have become nothing more than a utopic atmosphere for traders, speculators, and sociopaths. We have seen violent swings in the Dow Jones Industrial between 200-300 points in one day and ongoing daily. Everyday has become an illusion of stability in the markets. All one has to do is look at history to see what happened prior to the crash of 1929. The crash of 1929 was brought on by a massive speculative bubble in the economy and margin loans were no exception in the demise of the 1920's leading up to the crash. We are seeing history repeat itself over again. Prior to the great crash of 1929, the markets were fluctating back and forth, to and fro, up and down, daily. This is exactly what is going on currently. In order to keep the engine running without any temporary knocks, the Federal Reserve is drawing closer to a financial collapse if they do not announce QE3. There are enough insolvent banks that should be let go and fail, but with the current markets Bernanke can no longer twiddle his thumbs and rub his beard any longer unless he wants a deflationary depression. I believe the FED will start bailing out before the end of the year and injecting stimulus into markets and provide banks with liquidity to operate further, if they don't everything crashes. We are already starting to experience this pre-crash jekyll and hyde swings and the FED may provide the liquidity the EU needs during another bout of QE3.  This never-ending cancerous economic policy will forsake the public through the close-to-home effects of large inflation.

These violent swings have been volatile on both sides with losses and gains from Europe's sovereign debt issues. Wall Street insiders, traders, and hedge fund hyenas are likely making inconceivable amounts of money hedging themselves through options on both sides of these swings.

The Greek people are refusing to allow any kind of government debt agreement or bailout agreement. They are instinctively rejecting Prime Minister Papandreou and his office and so they should. Front runners for his office have emerged amidst the buzz of a national referendum. France's Sarkozy and Germany's Merkel, commonly known as Merkozy as of late, have made the threat to corner the Greek people at the G2O meetings to accept a new package which would strip all sovereignty away from the Greek people. This package of Oct. 27, 2011 was offered by Merkozy with having the ECB as the lender of last resort. Merkozy pressed on at the conference that the only way for Greece to get this bailout is for them to accept all parts of this deal. From what I understand, the temporary bailout needed is $517 billion. They want to leverage this bailout at a 5 to 1 ratio bringing it to approximately $2.5 trillion with the use of derivatives. This is extremely dangerous leveraging simply for the fact that derivatives are backed by nothing. If this leveraging fails, watch out for devastating effects rippling into the market with not only the Greek people on the hook, but the rest of Europe and all of it's tax payers as their game of derivatives Russian roulette comes crashing down.  Currently, there are about 6 countries that are on the verge of pulling out of the EU in order to survive.  This would leave 11 remaining countries to dabble about in an insane circus of he said/she said trickery, incompetence, and inflation, maybe even hyperinflation as the plutocrats try to continue to sell the failed idea that is the European Union.

Sure people in Greece want a high standard of living and don't want to work until they are 55 years of age and are in support european socialist ideals, but that doesn't mean they don't have a scumbag government swindling them. Papandreou and his father are communists who have looted the country and allowed the banks to run the table on the Greek people for far too long. There is likely to be an interim government for a period of 40 days or so coming soon. The TPTB would like to keep Papandreou in office for as long as possible because he is a great tool for the IMF in future bailouts if need be. Europe will likely not have any kind of solution in the near future and the dog and pony show between Merkozy, Papandreou, and the ECB is bound to continue for some time. The Federal Reserve in the US likely hasn't commenced QE3 as of yet because they may be waiting to see what happens in Europe first, this could give them the timely excuse to offer a bailout package for Europe's crisis, we will see. Mario Draghi, head of the ECB, has recently annouced interest rate cuts of 0.25% leading to 1.25% ECB rates, which surely isn't going to help the people of Europe with the problems of inflation. We are likely to see new governments in Greece and Italy, Europe's 3rd largest economy, within the year. Berlusconi has proved to every Italian that he is incompetent to steer the country in a positive direction because he is more concerned with his narcistic orgies. Former EU commissioner, Mario Monti, will likely succeed the position of Berlusconi. Monti is full of the banking oligarchy mindframe as a former international advisor for Goldman Sachs. Monti was a learned student and product of James Tobin at Yale University. Tobin was a Keynesian economist who served on the Council of Economic Advisors and the Board of Governors of the Federal Reserve. With this Keynesian disposition, Monti was also the first chariman of Bruegel, which is an internationalist think-tank that steers economic policy for the EU. That is not all that is on Monti's resume, as the European Chairman of David Rockefeller's Trilateral Commission and a Bilderberg member, Monti is the illuminati's prime candidate to push austerity, impoverish millions and to impose a supra-banking structure in Italy, if not all of the EU through his influence. He is a real poster child of cleptocracy and look for his Keynesian background to ramp up inflation in Italy and Europe through economic irresponsibility and bailouts.

Speaking of Goldman Sachs, we cannot forget about John Corzine, former Co-Chief Operating Officer at GS and New Jersey Governor, who ran MF Global into it's grave leaving 50,000 contracts of investors locked and unavailable. Corzine being a former big-wig at GS, likely new a thing or two on how to make money. One has to beg the question why he bought the European toxic assets (derivatives) and exposed his company and clients to such malarky. Time will tell as lawsuits will be pending and enraged investors look to search for truth and indictments against Corzine and MF Global, at this point it's too early to tell if he had a motive, but I would not put it past him.

The precious metals market is still in a stage of government-bankster price suppression. I refuse to call it a correction because a correction is indicative of true price discovery. What we've seen a few weeks ago was government/bankster intervention in the markets. JP Morgan and HSBC took advantage of such conditions with silver being driven down to just over $27/oz USD. Up until that point, JPM was short approximately some 65,000 contracts on their playground of loot and swindle known as the COMEX, or CRIMEX is what I've heard it called. According to some, they were likely to cover about 60-70% of their short positions which would relate to 40,000-45,000 contracts. JPM and HSBC likely encoutered some loss, but I would bet they are planning for steady growth in the PMs and maybe a moving point past $50/oz USD of silver on the looming financial instability worldwide.  One could assume that the FED might cover these losses of JPM and place them on their own balance sheet during QE3, which would be doublemurder.  Gary Gensler, head of the CFTC, was notified and presented with evidence 2-3 years ago of JPM's and HSBC's silver manipulation and yet has failed to do anything. This should not be a surprise to anyone in the PMs because it further proves that the CFTC and SEC are accessories complicit in this crime. If the PMs being gold and silver exploded in price, adjusted to real inflation in the US, the Federal Reserve's incompetency would be shown as the long time buyers of treasury bonds and holders of FED notes, would immediately switch to gold and silver, which would in turn expose the FED's ponzi scheme. Financial people in the know have even had assasination attempts on their lives, as was the case with Andrew Maguire recently.

Billionaire Eric Sprott has held several interviews and discussion where the demand for silver is increasing and certain mints are experiencing shortages and cannot produce until new material becomes available. The US Mint stopped the production of 1oz American Eagle silver coins as sales are at an all time high. Sprott also cited the justification for a substantial price increase. In discussion and research with James Turk, owner of Goldmoney.com, Sprott has discovered that silver has been bought at a 1 to 1 ratio with gold for at least the past year or so. When you have a historical ratio of 16:1 silver to gold, $1600 gold should logically bring about $100 silver, further evidence of a no longer undeniable manipulation taking place everyday on the CRIMEX and Globex. There is recent buzz that the CME Group (JPM) may raise margin requirements again this coming week, if so, it's a buying opportunity for physical.

The Royal Canadian Mint a crown corporation, unlike the independent and private Bank of Canada, has just recently announced that they would like to participate in the ongoing manipulation. They are now offering "Exchange-Traded Receipts" for investment gold bullion on deposit at the mint. The approximate issue size is $250,000,000 CAD or 12,500,000 contracts. The RCM holds the physical bullion and purchasers of the ETRs are entitled to a fraction (1/10 oz or 28g) of 1 troy oz of gold. ETR holders will not be entitled to hold a certificate for physical in definitive form and the notices of physical redemtion must be in excess of 10,000 ETRs. Any redemption in physical gold under 10,000 oz must be paid out in cash by the RCM at the Redemption Price determined by the mint. In layman's terms, if 1/10 oz multiplied by 10,000 oz minimum for redemption = $650,000 to $1.2million CAD to redeem for physical. Who has that kind of money to operate in this small game? Also the RCM is entitled to 3% of gross proceeds of redemption, if gold goes up and you decide to sell (if you can participate at that level) they waste no time making sure you pay your tithe to them. There is a termination caveat of this program if there is a change in the Mint Act, Financial Administration Act, regulatory requirements, custom duties, other taxes or securities, other laws that change mint mandate, or other factors that would obversly affect the ETRs or the mint's ability to operate the program. AND, the government of Canada can privatize the mint at any point if there is a loss or catastrophic loss of the gold bullion underlying the ETRs due to among other things; theft, loss, damage, or destruction, market conditions in which it is no longer economically feasible to continue program, or ETRs or are no longer listed on the TSX or other exchange or on which the ETRs are traded. They also carry an annual service fee of 0.35%. They are traded in CAD and USD and are being offered by most financial institutions in Canada. ETR holders will NOT have any recourse available to them through the mint or the government. To sum it up, the government of Canada gave itself an exit to do what it wants and deny physical bullion to those holding less than 10,000 ETRs and only pay those out in cash as gold rises. This should benefit the others who may be short gold. This is definitely a program to avoid for any investor who has interest in gold.

In Canada, parliament has passed bill C-52, section 16 (1), which authorizes the government and police to force internet service providers (ISPs) to provide personal and consumer information without a warrant or court order and due process of law. Bill C-50 also authorizes the police to intercept "communications", as defined by bill C-51, as long as they deem the interception necessary. Canadians have slipped into the abyss of abject tyranny by it's government and everyone now is a suspect. The removal of numerous rights under these bills are nothing more than a power grab in which to control and suppress free speech, opinion, and religion by the Harper government.  It is also a move to further silence their critics and political dissidents at will.  Think of all the internet "communications" that you may use on a daily basis; skype, email, websites, blogs, forums, comments, facebook, etc.

Statistics Canada shows the Consumer Price Index (CPI) rate of "official" inflation currently at 3.2% nationwide. I quote stats Canada, "The Inflation Calculator uses monthly consumer price index (CPI) data from 1914 to the present to show changes in the cost of a fixed "basket" of consumer purchases. These include food, shelter, furniture, clothing, transportation, and recreation."

Compare that with the real inflation reported by the masterful and painstaking work of John Williams at Shadow Stats in the US at 11.4-11.6%. How can this be? There is more to this than meets the eye. Isn't it convenient that major purchases such as housing, automobiles, and average median home income and the decline of household income are not mentioned? Even if it is not mentioned, food and fuel prices have risen substantially past 3.2% annually and nationwide, so obviously we have some major downplaying by the government of Canada.

The Canada Pension Plan Investment Board said on Nov. 10, 2011 that the value of investments under management slipped in it's second fiscal quarter. The CPP has 17 million contributors and beneficiaries. The CPPIB said the assets under management as of Sept. 30, 2011 were $152.3 billion, which were $1.2 billion lower than at the end of the first quarter. We are in the midst of the government theft $1.2 billion in the Canada Pension Plan and yet there has not been the slightest mention of this in the mainstream media. For those of you who are reliant on this, you will be betrayed in Judas-like fashion at the robbery of what you have been working for in the coming times and that doesn't even include inflation factored in. Get ready because it's going to be a long, bumpy ride as government continues to steal more and more of your pension money in Canada and the US. This is just the tip of the iceberg.

The threat of war with Iran is ever looming as of late as the hour grows near. The US is getting prepared to either stike first or support Israeli aggression in an assault, but the bought and paid for warmongers call it a "preemptive" attack. It is likely we will see false flag terrorism on oil pipelines and in the Gaza strip to be blamed on Iran as the pretext for war. Right now the US is amassing naval fleets offshore of the middle east, particulary the 5th fleet AOR.

Now that you've been angered, it's time to share some positives. In Alberta, the Trans Link super powerline plan has been nullified. This plan to build transmission lines and heavy transmission infrastructure at the cost of the Albertan taxpayer has been disproved in Alberta. Alta Link was then going to charge higher rates for power usage ultimately resulting in a small factor that would drive down the standard of living, leaving higher power costs to Albertans while Alta Link gets a free power line at the expense of the taxpayer.

Large drilling continues across Alberta, but appears to be a drop in the bucket compared to Saskatchewan. There are drilling rigs across the province and there will continue to be as the price of oil nears $100/barrel USD and potentially running up to $120/barrel USD before years end. Not only with higher oil prices in the world, Saskatchewan will still continue to drill extensively with the re-election of Premier Brad Wall. Wall has opened up Saskatchewan to huge oil discovery and oil investment from the previous communist NDP provincial party reign. Not many oil companies would venture into Saskatchewan to extract oil under the strangleholds of the NDP and Premier at the time, Lorne Calvert. Wall has proven to be good for the western economy giving incentive for large job creation. Drilling hasn't been limited to oil however, there has been active drilling for potash in Saskatchewan as that commodity may be another industry in which there will be steady growth and demand. Affecting western Canada right now heavily is a diesel shortage experienced across the western provinces. Problems at a refinery in Regina have limited the sales of diesel to literage and hours of operation and most cardlocks and service stations and likely will not be resolved for a few weeks. Look for gasoline to spike in price as they will use this diesel shortage to bid the price up on their other products.