Find The Lowest Price HERE

By Tyler Durden

Hot on the heels of China gold import restrictions, and India's demonetization and gold confiscations, The European Commission proposed tightening controls on cash and precious metals transfers from outside the EU under the guise of shutting down one route for funding of militant attacks on the continent, following the Berlin Christmas attack.

China has already begun de facto gold import restrictions, and as Jayant Bhandari detailed previously, India is experiencing a continuation of new social engineering notifications, each sabotaging wealth-creation, confiscating people’s wealth, and tyrannizing those who refuse to be a part of the herd, in the process destroying the very backbone of the economy and civilization. There are clear signs that in a very convoluted way, possession of gold for investment purposes will be made illegal. Expect capital controls to follow.

And now, as Reuters reports, it appears last Monday's attack on a Christmas market in Berlin, where 12 people were killed as a truck ploughed into a crowd, has given The European Commission just the excuse to tighten capital controls – specifically cash and precious metals – into and out of Europe.

It is part of an EU “action plan against terrorist financing” unveiled after the bombings and shootings in Paris in November 2015.

Under the new proposals, customs officials in European Union states can step up checks on cash and prepaid payment cards sent by post or in freight shipments.

Authorities will also be able to seize cash or precious metals carried by suspect individuals entering the EU.

People carrying more than 10,000 euros (8,413.56 pounds) in cash already have to declare this at customs when entering the EU. The new rules would allow authorities to seize money below that threshold “where there are suspicions of criminal activity,” the EU executive commission said in a note.

EU officials said some of the recent attacks in Europe were carried out with limited funds, sometimes sent from outside the EU by criminal networks.

The Commission is also considering whether to set up an EU-focussed “terrorist finance tracking programme” along the lines of the U.S.-EU TFTP, which has long been opposed by EU lawmakers and privacy campaigners because it allows widespread checks on consumers' bank transfers.

The plan complements Commission proposals after the Paris attacks to tighten controls on virtual currencies such as bitcoin, and prepaid cards, which French authorities said were used to fund the bombings.

EU states backed these proposals on Tuesday. Under the deal, which still needs European Parliament approval, holders of prepaid cards would have to show some form of identity when they make payments of 150 euros or more.

But it gets better…

The Commission is also proposing common rules for the 28 EU countries on freezing “terrorists' financial resources” and on confiscating assets even from those thought to be connected to criminals.

So – cash, bitcoin, precious metals, and prepaid cards over $150 are all instruments of the “terrorists” and are now open to confiscation if you are a suspicious person… which, by their rhetoric, you are …read more

Source: Europe Proposes Confiscating Gold In Crackdown On "Terrorist Financing"

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Michael Snyder

On January 15th, representatives from 70 different countries will gather in Paris, France for an unprecedented global conference.  The stated goal of this conference is to promote a “two-state solution” as the way that lasting peace will be brought to the Middle East.  In Israel, there is a tremendous amount of concern that whatever is agreed upon at this conference will immediately be used as the basis for a UN Security Council resolution that would permanently divide the land of Israel and create a Palestinian state.  But things would have to move very rapidly in order for that to happen, because Barack Obama’s time in the White House comes to an end on January 20th, and Donald Trump has already made it exceedingly clear that he would never support such a resolution.

The UN Security Council resolution that was passed on Friday was one of the most significant events that we have witnessed in decades.  Resolution 2334 made all Israeli settlements in the West Bank and in East Jerusalem illegal, it set the 1967 ceasefire lines as the border between the Israelis and the Palestinians, and it granted every single inch of East Jerusalem to the Palestinians.  But it stopped short of giving official UN Security Council recognition to a Palestinian state, and that is why this conference on January 15th is so important.

On Wednesday, U.S. Secretary of State John Kerry will lay out a plan which many believe will serve as the blueprint for the upcoming conference in Paris.  This is something that I discussed yesterday.  Apparently Kerry has been working on this for quite some time, and according to the Times of Israel, Jewish officials are fearful that he may propose something drastic…

At a press briefing Tuesday, State Department spokesman Mark Toner confirmed Kerry’s plans for the speech, though he refused to detail whether the top US diplomat would use the opportunity to announce a new American initiative, which officials in Jerusalem fear he may.

Toner said the secretary holds the conviction that “it is his duty in his remaining weeks and days as secretary of state to lay out what he believes is a way towards a two-state solution” and that “it’s always important to keep the process moving forward.”

If Kerry’s plan is embraced by the conference in Paris, it is anticipated by many that it would serve as the basis for a UN Security Council resolution that would formally create a Palestinian state before Donald Trump is inaugurated on January 20th.  The following comes from the Guardian…

The Israeli government is reportedly fearful that any guidelines agreed in Paris would be turned into another UN resolution before Trump’s inauguration, and it has ratcheted up its rhetoric, presenting itself as the victim of an international conspiracy.

A spokesman for Netanyahu claimed to have “ironclad evidence” that the Obama administration had plotted behind the scenes to promote the UN resolution. Israel has said it will <a target=_blank rel="nofollow" href="https://www.theguardian.com/world/2016/dec/26/israel-un-resolution-settlements-obama-trump" data-link-name="in …read more

Source: Circle January 15th: 70 Nations Will Gather In Paris To Discuss The Creation Of A Palestinian State

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE

Find The Lowest Price HERE

By Tyler Durden

In the months leading up the 2016 election, daily WikiLeaks dumps repeatedly exposed CNBC’s John Harwood as nothing more than a pawn of the Hillary Clinton campaign who constantly behaved like a subservient puppy who would stop at nothing to garner his master’s love and affection (see our posts on the topic here and here). And while the embarrassment of being exposed as a complete fraud would be sufficient motivation for most people to actually start performing their jobs with some level of integrity, John Harwood is apparently immune to the side effects of public humiliation that afflict the masses.

As the latest testament to his extreme impartiality as CNBC’s chief Washington Correspondent, Harwood sent out the following tweet storm aimed at all of “those making [the] silly argument that Obama hurt [the] Democratic Party” to confirm, once and for all, that “white fear” (aka racism) was responsible for democratic losses in Congress under Obama’s leadership and not his failed policies.

for those making silly argument that Obama hurt Democratic Party: last 5 presidents have left both houses of Congress in opposition hands

— John Harwood (@JohnJHarwood) December 27, 2016

drivers of D casualties under Obama: a) depth of financial crisis/Great Recession b) accumulated angst over 30-year income stagnation 1/2

— John Harwood (@JohnJHarwood) December 27, 2016

drivers of D casualties under Obama: c) effective/unified R opposition, esp to ACA; d) Obama’s race amid white fear of cultural change 2/2

— John Harwood (@JohnJHarwood) December 27, 2016

among 2-term presidents, Clinton/Bush/Obama all began w/both houses of Congress run by their party, saw both flip. Reagan had & lost Senate

— John Harwood (@JohnJHarwood) December 27, 2016

If true, perhaps Mr. Harwood could explain to us why the “racist” and “angry” white people of Michigan, Wisconsin and Pennsylvania voted for Obama by margins of 10-20 points in 2008 before suddenly turning on Democrats in 2016? Did those people who voted overwhelmingly for the first black President in U.S. history in 2008 suddenly become racists over the course of 8 years? Or, is it just maybe possible that those people were disappointed that Obama’s “Hope and Change” rhetoric turned out to be nothing more than a pretty speech by yet another superficial politician?

…read more

Source: CNBC’s John Harwood Blames "White Fear" For Democrat Losses Under Obama

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

Excerpted from “Get It. Got It. Good” by Grant Williams, author of “Things That Make You Go Hmm…”

The story begins in the 1970s when Henry Kissinger and Richard Nixon struck a deal with the House of Saud — a deal which gave birth to the petrodollar system.

The terms were simple The Saudis agreed to ONLY accept U.S. Dollars in return for their oil and that they would reinvest their surplus dollars into U.S. treasuries.

In return, the U.S. would provide arms and a security guarantee to the Saudis who, it has to be said, were living in a pretty rough neighbourhood. As you can see, things went swimmingly (chart below)

Saudi purchases of treasuries grew along with the oil price and everyone was happy. (We’ll come back to that blue box on the right shortly)

The inverse correlation between the dollar and crude is just about as perfect as one could expect (until recently that is… but again, we’ll be back to that).

And, as you can see here, beginning when Nixon slammed the gold window shut on French fingers and picking up speed once the petrodollar system was ensconced, foreign buyers of U.S. debt grew exponentially.

Having the world’s most vital commodity exclusively priced in U.S. dollars meant everybody needed to hold large dollar reserves to pay for it and that meant a yuuuge bid for treasuries. It’s good to be the king.

By 2015, as the chart on the next page shows quite clearly, there were treasuries to the value of around 6 years of total global oil supply in the hands of foreigners (if we assume a constant 97 million bpd supply which I think is a pretty reasonable estimate).

Now… with that brief background on the petrodollar system, here’s where I need you to stick with me. I promise you it’ll be worth the mental effort

Ready? Here we go.

Now, back in 2010, then-World Bank President Robert Zoellick caused something of a commotion when he suggested that an entirely new global monetary system maybe wasn’t such a bad idea.

The system he had in mind involved a freely-convertible Yuan and, controversially was constructed around gold as its central reference point:

(Robert Zoellick, November 8, 2010): …the G20 should complement this growth recovery programme with a plan to build a co-operative monetary system that reflects emerging economic conditions. This new system is likely to need to involve the dollar, the euro, the yen, the pound and a renminbi that moves towards internationalisation and then an open capital account.

The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values. Although textbooks may view gold as the old money, markets are using gold as an alternative monetary asset today.

In seemingly unrelated news, two years later, Iran began accepting Yuan in payment for its oil amid US sanctions. The transactions were conducted through Russian banks:

(Financial Times, May 2012): Iran is accepting renminbi …read more

Source: Things That Make You Go Hmm… Like The Death Of The Petrodollar, And What Comes After

    

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Looking for something special ? Find The Lowest Price HERE