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"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance. "
James Madison
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Jeff Nielson created a new topic The Death of Canada's Democracy in the forums.
It's about to become official, ladies and gentleman. With U.S. lap-dog Stephen Harper at the helm, Canada is about to follow the U.S. in becoming an official police state, with its own "secret police", just like the U.S. and its "Department of Homeland

Of course this is no surprise. It was the obvious reason for the false-flag "terrorist attack" in Canada, where (as usual) the "suspects" were murdered before they could ever be questioned, let alone put on trial. Ooops...I forgot. In our neo-Nazi societies, anyone called "a terrorist" doesn't receive public trials, or any other form of due process -- as required by our Constitutions.

How odious is this new Canadian legislation? Even the Globe & Mail, the heart of the Corporate media propaganda machine in Canada stated bluntly in a headline:

Parliament must reject Harper’s secret policeman bill

For any Canadians still under the delusion that Stephen Harper's "Canada" bears any resemblance to the peace-loving, freedom-loving nation which we have known all our lives; now is the time to open your eyes. That Canada is DEAD, as long as Stephen Harper and his corrupt Conservatives continue to hold the reins of power.

While I rarely quote protracted excerpts -- especially from the Corporate media -- this is an appropriate time for an exception, given the unequivocal criticism from one of the Conservative's most-loyal media allies.

Canadians should not be willing to accept such an obvious threat to their basic liberties. Our existing laws and our society are strong enough to stand up to the threat of terrorism without compromising our values.

This week, Mr. Harper released a video in which he recklessly conflates the two recent lone-wolf incidents in Canada with the Islamic State’s call for attacks on “non-believing countries.”

The two attacks – one in Ottawa and the other in St-Jean-sur-Richelieu, Que. – were horrendous. They shocked Canadians and scared them. But there is no evidence that either attacker was connected to ISIS. The more likely theory is that they were troubled young men who self-radicalized.

And yet, as the Prime Minister reminds viewers in the video that ISIS has urged its followers to “attack, quote, disbelieving Canadians in any manner, vowing that we should not feel secure even in our own homes,” the words are spoken over footage of the aftermath of the shooting at the National War Memorial, as if the Ottawa attack were a direct outcome of ISIS’s urgings.

If the Prime Minister has evidence that either attack was directly linked to ISIS, he should provide it, instead of deceptively implying it in a video saturated with images of fighter jets, warships and rappelling soldiers. (It is reasonable to ask why so political a video appeared on the Prime Minister’s website, but then Mr. Harper has long forgone the niceties of distinguishing partisan activities from his duties as head of government.

There you have it. As Stephen Harper passes Canada's "Patriot Act"; he does so without anything even close to a "reason". Even the Corporate media acknowledges that this odious legislation is being rammed down our throats on nothing more than a flimsy pretext.

Note that this Nazi legislation is being passed by a political USURPER whose party is not even legally our government. Harper forfeited his political legitimacy, on December 4th, 2008, when he ILLEGALLY suspended Parliament for the express purpose of preventing his corrupt (then) minority government from being VOTED OUT OF OFFICE.

As explained in a previous commentary; no political incumbent who has illegally usurped power can be legitimized by any subsequent election:

Apart from the fact that Harper’s previous act of treason personally disqualifies him from any public office (let alone the Prime Minister’s chair); no subsequent election can/could legitimize this illegal regime. The reasoning here is legally and logically irrefutable.

Because of Harper’s prior act of treason; the Conservatives entered that election as the illegal incumbent. Political incumbents win roughly 2/3rds of all elections. Thus Harper’s original act of treason literally doubled his chance of winning the election, and therefore “winning” an election via this large, illegal advantage de-legitimized this Conservative regime – in perpetuity.

As the illegal incumbent; no subsequent election can/could ever remove the stain of Harper’s previous act of treason, and thus transform an illegal government into a “legal” government. The only way, in theory, that the Conservative Party could ever form a legitimate/legal government is by first surrendering the political power which they have illegally usurped, and then getting elected as a non-incumbent (i.e. as an “opposition” party).

Canada is DEAD. And its murderer is a facile, U.S. lackey. who comes from a province so disgusted with the name "Conservative" that they just banished this party to political oblivion in last night's provincial election -- after being ruled exclusively by Conservatives for the last 40 years.

Albertans have chosen a new political path with the stunning election of a New Democratic government, ending a Progressive Conservative dynasty in power for more than four decades.

The NDP, leading in the polls from start to finish, becomes only the third party to govern the province since 1935. Heading a new majority government, Leader Rachel Notley, who won her seat in Edmonton-Strathcona, now has a mandate to take the province in a new direction but will also inherit tough economic challenges.

The provincial Conservatives are now a Dinosaur Party, in Harper's own home province, and (former?) bastion of Harper's own, political power. We can only hope that (finally, belatedly) follow the example of Alberta voters, and make the federal Conservative (Nazi) Party another political dinosaur.

Canada is dead. The great irony is that it was killed by an illegal government, through the creation of a police state. And as with most "police states"; our police refuse to arrest/prosecute the most-infamous Criminals: our ruling political party. But it's not too late to resurrect it -- if Canadians elect a legitimate (legal) government, and banish these Nazi usurpers to political oblivion.

Canada’s Illegal Government

Parliament must reject Harper’s secret policeman bill

Prime Minister Stephen Harper never tires of telling Canadians that we are at war with the Islamic State. Under the cloud of fear produced by his repeated hyperbole about the scope and nature of the threat, he now wants to turn our domestic spy agency into something that looks disturbingly like a secret police force.

Canadians should not be willing to accept such an obvious threat to their basic liberties. Our existing laws and our society are strong enough to stand up to the threat of terrorism without compromising our values...

NDP wins majority government in Alberta, ending PC dynasty

Albertans have chosen a new political path with the stunning election of a New Democratic government, ending a Progressive Conservative dynasty in power for more than four decades...
09:47 AM
Barbaric, disgusting, crimes-against-humanity, committed by thugs who have lost any semblance of humanity.

P.S. According to these butchers (and their commanders) seeing a Palestinian simply talking on a cellphone was considered to be a justifiable "reason" for murdering them.

Israeli Soldiers Describe How They "Shot Innocent Civilians Because They Were Bored"

On July 12 of 2014 we reported that "after conducting countless sorties and bombing raids aimed at Hamas operatives in Gaza during the fifth day of Operation Protective Edge, but resulting in well over a hundred innocent civilian deaths in the past week, Israel, realizing it is not generating any brownie points with the international "humanitarian" media, finally did what it had threatened to do over the last few days - launch a ground assault."

The ground assault promptly led to a mini-war in the Gaza Strip that left more than 2,100 Palestinians dead, of which 80% civilians, and reduced vast areas to rubble: a "war" which many speculated was a predetermined massacre by highly skilled, trained, and ethically drained Israeli soldiers who used civilians for target practice.

Yesterday we got confirmation of that when a group of Israeli veterans released what the WaPo describes as "sobering testimony from fellow soldiers that suggests permissive rules of engagement coupled with indiscriminate artillery fire contributed to the mass destruction and high numbers of civilian casualties in the coastal enclave."

In a 242-page report titled "This is How We Fought in Gaza 2014" which was accompanied by videotaped confessions that aired on Israeli TV, the organization of active and reserve duty soldiers, called Breaking the Silence, gathered testimonies from more than 60 enlisted men and officers who served in Gaza during Operation Protective Edge.

What they described was nothing short of mass butchery of civilians and a flaunting of the Fourth Geneva Convention: among the actions described by the soldiers are "reducing Gaza neighborhoods to sand, firing artillery at random houses to avenge fallen comrades, shooting at innocent civilians because they were bored and watching armed drones attack a pair of women talking on cellphones because they were assumed to be Hamas scouts...
07:10 PM
There was a very detailed, revealing, and UGLY look at the U.S. criminal justice system, in general, and the extreme perversion of "Baltimore" (in particular) at Zero Hedge today.

This reveals how the "Freddie Gray" death-by-brutality was in no way an anomaly, but (as I noted already) was a product of SYSTEMIC brutality, SYSTEMIC disregard for due process (and something called the "Constitution"), and SYSTEMIC fascism -- the belief ingrained into Baltimore police by the CHIEF OF POLICE that respecting the rights of citizens, and following the law itself were not as important as "fighting crime".

What is shocking/despicable/outrageous is how Baltimore has defined "fighting crime" thanks to the perversion of justice which started (as always) AT THE TOP. While clearly Baltimore's brutal/over-zealous cops aren't "victims"; they are mere stooges/pawns.

REAL CULPABILITY for the death of Freddie Gray starts (as always) at the TOP, not with the police-thugs who actually committed this callous/brutal deed. This post at Zero Hedge (which was originally written at makes it abundantly clear that everything about the Freddie Gray death (and the riots which followed) where

This is What Happens if You Defy Curfew – A Shocking 90 Second Video from the Streets of Baltimore

On Saturday night, a man who’s name still seems to be unknown, but who was wearing a “Fuck the Police” t-shirt, came out in front of police past the official curfew. This is what happened next...

07:00 PM
Jeff Nielson replied to the topic Re: Paul Craig Roberts and "Western insanity" in the forums.
agau121 wrote:
I'm just speculating and probably not in a particularly focused way. Perhaps people in general are so overwhelmed, feel so hopeless and so resigned to an unfavorable outcome in some form or another that they don't want to make the effort.

For whatever it's worth, it seems that former Minister of National Defense of Canada, Paul Hellyer, has been quite outspoken about the nature of the banking cabal. He's 91 at this point, so he probably figures he has nothing much to lose.

I was also doing a little thought experiment, I suppose you could call it, and was trying to imagine what people in the west can possibly think the future holds for them at this point. I'm thinking of this more on a subconscious level, that is, what would be in the background of their awareness. It's difficult for me to imagine that the majority of people have a positive expectation.

I was also asking myself the question, if the people who would be Paul Craig Roberts' peers are not standing up to be counted as you say, then what are they doing instead? Are they engaged in ways of distracting and/or deluding themselves?

AgAu, I think that most are genuinely deluded. The same "don't worry, be happy" crap that is spewed at the Zombies also reaches the high-and-mighty. While some are part of the conspiracy, and some have figured things out, most remain totally blind -- because of the extreme "normalcy bias" which has been programmed into us. Practically no one can even imagine anything drastically different, and certainly not drastically worse.

This is more intellectual weakness than moral cowardice, so in that respect this doesn't directly address your point or my question. However, the refusal of otherwise intelligent people to open their eyes (and become aware of our dire straits) is nearly as unforgivable as those who choose to ignore what is happening.

Both categories of people fail in their duty of VIGILANCE, the duty of all citizens. "Believing what one is told" (and making no effort to verify the veracity of representations) is not what citizens do. They think for themselves, and form their own opinions. Equally, simply ignoring the corruption and economic destruction falls far short of the standards of citizens.

Some are simply afraid to follow down the road where their own analysis/reasoning leads. I've pointed out these types of analysts before. An example are the so-called "economists", who look at the same chart of U.S. money-printing which I have shown people ad nauseum.

As I've noted a hundred times before; this chart is unequivocal. It shows that the U.S. dollar has already passed the point-of-no-return in terms of a hyperinflation spiral. The only reason why the U.S. economy (and the dollar) are not already demonstrating this hyperinflation spiral is a function of two factors: MASSIVE (upward) manipulation of the dollar, and the banksters have sequestered most of their $trillions from "the real economy", hiving-off most of it in their derivatives casino.

The problem is that this can only delay the inevitable hyperinflation, not prevent it. At some point the manipulation and "sequestering" will simply fail, and the worthless dollar will acquire its true value. Any so-called economist who can't see this by looking at the same chart is either an incompetent poser, or is simply blinding themselves to the truth.
06:36 PM
Jeff Nielson created a new topic U.S. trade deficit explodes in the forums.
The U.S. deficit jumped to over $51 billion, a 6-year high. The irony here is that in the ass-backwards analysis here they talk about how this will lower first quarter growth (in the final revision). Yet exports actually rose, but imports exploded by over 7%.

This actually reflects a tiny semblance of LIFE in the U.S. economy, however. Totally dead economies don't need many imports -- as there is no consumer demand. The other thing that is surprising here is that the U.S. trade deficit tends to be lower (not higher) when the U.S. dollar is strong.

Again this contradicts the mainstream propaganda, which tells us that to "improve trade" we need to DESTROY our currencies -- as this will "stimulate exports". The problem with this nonsensical dogma is that nations may sell lots of goods by destroying their currencies they don't get PAID MUCH for all those goods (in real dollars). Thus nations with weak currencies may sell greater quantities of goods, but have a worse trade balance, because their IMPORTS cost so much more (again in real dollars).

Effectively, what we do by destroying our currencies is to GIVE AWAY the production of our nations, whereas when we have strong currencies we may export less, but we are paid adequately for our goods, and imports become much cheaper when our currency is strong. The only nations which need to fear having a strong currency are nations which cannot produce anything efficiently. Efficient nations can still have substantial exports, even with strong currencies, because they produce goods comparatively cheaper than other nations.

It will be interesting to see if this dying economy can sustain these import/export levels going forward, even if the overall balance remains poor, as this is still (relatively) better than seeing a better balance -- but at much lower levels of imports/exports.

U.S. Trade Deficit Jumps To 6-Year High Of $51.4 billion

The U.S. trade deficit in March jumped to the highest level in more than six years as a small increase in exports was swamped by a flood of imports from autos to cellphones.

The deficit rose to $51.4 billion, the largest trade gap since October 2008 and more than 43 percent higher than the February imbalance, the Commerce Department reported Tuesday.

Exports were up 0.9 percent to $187.8 billion, while imports increased 7.7 percent to $239.2 billion. The trade deficit is the short-fall between exports and imports.

Economists had expected the March deficit to expand, reflecting the resolution of labor disputes which had slowed shipments at West Coast ports. But the deficit was bigger than expected and will likely shrink an already anemic first quarter of economic growth...
06:08 PM
2 days ago
agau121 wrote:
Perhaps it is more important to focus on the message rather than the background of the messenger. Nonetheless, I cannot help but to wonder what key events over the past 30 or so years have caused him to rethink his positions.

AgAu, I'll flip that observation around on you. I can't believe how FEW people have stood up to be counted, not just in the U.S., but across the West. Obviously we're not the only ones to see how rotten things are, and to see how far and how low these pseudo-democracies have sunk.

Our "leaders" (past and present) are not, and were not all fools. Then again, with that "epidemic" of bankers who suddenly all decided to kill themselves by jumping off tall buildings; maybe these past-and-present "leaders" think that the real fools are the ones who do stand up...???

11:07 PM
Jeff Nielson replied to the topic Re: Jeff Nielson, for Sprott Money: in the forums.
The JPMorgan ‘Silver Hoard’: Is There Any METAL In It?

A recent report from GoldCore hysterically asks the question: is “JPMorgan cornering the silver market”? The use of the word “hysterical” is necessary here, as any sober consideration of this question would result in nothing but scoffs of derision.

What is interesting in that article is that the writer actually compares his hypothesis that JPMorgan is “cornering” the silver market (today) with a real, documented attempt to do so: the infamous Hunt Brothers episode of 1980. The point here is that any comparison to that episode makes it obvious that the writer’s hypothesis is not simply false, but absurd.

First let’s review what actually happened in the silver market, when the Hunt Brothers (along with some Arab investors) attempted to buy-up all available silver, starting in 1979. Before reviewing the facts, and for readers with limited market savvy, an obvious question: why would any person/entity want to “corner” the silver market (or any other market)? Answer: to make lots and lots of money.

When the Hunt Brothers began buying-up silver in 1979; the price of silver was at roughly $5/oz (USD). At the peak of their accumulation; the Hunt Brothers had roughly 200 million ounces of silver, and the price had increased ten-fold, all the way to $50/oz. And this ten-fold increase in price came even though the Hunt Brothers’ total holdings never reached 20% of global inventories...

05:55 PM
3 days ago
Jeff Nielson replied to the topic Re: Paul Craig Roberts and "Western insanity" in the forums.
On second thought; I do have something to add: two words hard-core fascism.
06:59 PM
Jeff Nielson created a new topic Paul Craig Roberts and "Western insanity" in the forums.
Normally I have a few thoughts to add when I read (and post a piece). Not this time; PCR has encapsulated things in brutally succinct terms...

Insanity Grips The Western World

Just as Karl Marx claimed that History had chosen the proletariat, neoconservatives claim that History has chosen America. Just as the Nazis proclaimed “Deutschland uber alles,” neoconservatives proclaim “America uber alles.” In September 2013 President Obama actually stood before the United Nations and declared, “I believe America is exceptional.”

Germany’s political leaders and those in Great Britain, France, and throughout Europe, Canada, Australia, and Japan also believe that America is exceptional, which means better than they are. That’s why these countries are Washington’s vassals. They accept their inferiority to the Exceptional Country — the USA — and follow its leadership.

It is unlikely that the Chinese think that a handful of White People are exceptional in anything except their diminutive numbers. The populations of Asia, Africa, and South America dwarf those that comprise Washington’s Empire.

Neither do the Russians believe that the US is exceptional. Putin’s response to Obama’s claim of American superiority was: “God created us equal.” Putin added: “It is extremely dangerous to encourage people to see themselves as exceptional, whatever the motivation.”

If all countries are exceptional, the word loses its meaning. If America is exceptional, it means others are inferior for lacking this designation. Inferiors have less rights and can be bullied into submission or bombed into oblivion.

The Exceptional Country is above all the others and, therefore, doesn’t have to be concerned about how it treats them. Obviously, Americans and their vassals think America is exceptional as the millions of people murdered, maimed, and dislocated by Washington’s wars in eight countries in the 21st century has not resulted in condemnation of Washington. Merkel, Hollande, Cameron and the puppets in Canada, Australia, and Japan still suck up, holding tight to Washington...
06:57 PM
Jeff Nielson created a new topic Germans helped NSA spy on Germans in the forums.
Most readers will recall that when Germany (supposedly) discovered that its U.S. 'ally' had been engaging in regular spying of that government that it created enormous outrage in Germany, and (supposedly) "strained relations" between the two governments.

Now, we find out that Germany's intelligence agency (BND) was helping the NSA to spy on "officials and firms in Europe". Now we can fully understand the perspective of the (corrupt) Merkel government when it comes to spying. It's OK to spy on anyone, any time...except for Merkel and her own political cronies.

Once upon a time; the femininists told us that having women in politics would improve our governments. What have we seen? Women like Margaret Thatcher, Kim Campbell, and Angela Merkel. And what have they proved? That just because a politician doesn't have a penus doesn't mean that she won't be just as corrupt and/or incompetent as those who do.

German prosecutors launch investigation of spying charges

Germany's top public prosecutor will look into accusations that the country's BND foreign intelligence agency violated laws by helping the United States spy on officials and firms in Europe, including Airbus group, the federal prosecutors office said.

A spokesman for the prosecutors office confirmed weekend media reports that an investigation had been launched as opposition politicians demanded more information about the unfolding scandal from Chancellor Angela Merkel's government.

"A preliminary investigation has been started," the spokesman said. In a related development, federal prosecutor Harald Range himself will be questioned by a parliamentary committee looking into the affair in Berlin on Wednesday.

Der Spiegel magazine said the BND helped the U.S. National Security Agency over at least 10 years, embarrassing Germany and upsetting many in a country where surveillance is a sensitive topic due to abuses by the Nazis and the East German Stasi...
11:18 AM
agau121 wrote:

It seems to me that "right to work" essentially neuters unions and relegates them to symbolic organizations. Perhaps a more accurate label would be "right to exploit."

The TPP appears to go beyond violating the welfare of workers. It appears to me to actually reach into the legal systems of the member nations and allows corporate interests to seize control in a variety of ways.

Perhaps this metaphor is apt, perhaps not, but more and more recently I've been thinking of the entire planet, or at least large portions of it, as giant prison and the nations as nothing more than the various "yards" within the prison. Different yards have different privileges based on how compliant the inmates are. The One Bank is the warden I suppose. Prisons often utilize the inmates a cheap or free labor force. It's late and I'm tired, but it seems more and more that citizens of the world are becoming commodities to be exploited, perhaps like farm animals or beasts of burden.

Yes Earl, AgAu; "right to work" is one of the most-odious euphemisms of the Oligarchs. I might have put it at the top of the list, were it not for some stiff competition for that title -- i.e. the "bail-in".

Assassinating all of the Little Peoples' unions was one of the highest priorities of the Oligarchs in turning us all into serfs. But note the WEALTHY get to keep their unions. They just call them "associations", and pretend that this somehow makes them different.

The two most-corrupt unions in our societies are the doctors' union and the lawyers' union. Again, as with "0% interest rates"; this is a simple question of fairness. Either EVERYONE gets to 'borrow' (lol) at 0%, or no one does.

Either everyone is provided with the security and collective bargaining power of the union; or no one is. The TWO-TIER societies we live in, with the worst wealth-inequality we've see in 300 YEARS will not last much longer.

10:57 AM
Jeff Nielson replied to the topic Re: Climate Change conference in 2015 in the forums.
Dylan wrote:
I am personally convinced that there is a complete correlation between chemtrails and global warming.
A single chemtrail will often spread out to form a vast artificial cirrus cloud formation that covers thousands of square kilometres and can last for over a day.
Cirrus clouds unlike the lower cumulus clouds have a net warming effect. Water vapour and these cirrus clouds have greater impact on warming than CO2.

To show that this is not implausible, here are some excerpts from a paper written by a scientist J.O. Fletcher in 1969...

Interesting stuff Dylan.

The material you presented certainly seems to show that cloud-seeding was an intentional contributing factor to global warming. But it raises an even more interesting question.

If chem-trails/cloud-seeding can be done to cause a warming effect; can it be used to produce an opposite effect? Living near one of North America's most highly-regarded ski resorts; I've wondered in the past (past winters) whether chem-trails were being used to INCREASE the amount of snow in the mountains -- so that rich skiers wouldn't be disappointed when they arrived to play.
10:00 AM
4 days ago
Jeff Nielson replied to the topic Re: Climate Change conference in 2015 in the forums.
Debsyl, I'm fully convinced of the reality (and threat) of "chem-trails", and cloud-seeding with toxic heavy metals. But I don't see any either/or proposition here. In other words; whether or not "chem-trails" exist (and the evidence is conclusive that they do exist), this does not strengthen or weaken the position of those warning about global warming.

Both could exist. Neither could exist. There is now causality between these two phenomena, and likely very little correlation, other than both are becoming increasing threats/problems.

I'm personally convinced that the evidence is conclusive with respect to global warming and chem-trails, meaning we have TWO planet-threatening problems to deal with -- not one.
12:18 PM
Rory, I'm with Eric Dubin here. In fact; I'm much more strident on this issue. All of the "New World Order" dogma is MYTHOLOGY created by the Old World Order (i.e. the One Bank) to distract people from and/or cover-up its own existence.

The Old World Order

My reasoning is similar to that of Mr. Dubin. The banksters (and their political puppets) have NOT been "play-acting" as they attempted to politically isolate, and then economically (or militarily?) destroy Russia. These are real "enemies", not like the farce of the U.S. Two-Party Dicatatorship, where the two political parties pretend to be on "opposite sides".

Economic Terrorism Against Russia Intensifies

And obviously all of the gold-buying by Russia and China is (at least) a long-term threat to the West's bankster empire, and that would NOT be a part of any play-acting if all these nations were secretly controlled by the same puppet master. This doesn't necessarily mean that the banksters are incapable of exerting INFLUENCE over the governments of China and/or Russia. But I don't see any evidence of control.
12:11 PM
Rory, I'm really surprised that more analysts don't reference the work of Chris Martenson in this area -- including Chris Martenson (lol).

Nearly a decade ago; Chris Martenson produced what I still consider to be the definitive analysis on "peak oil", and oil production in general. He discussed a concept which I have not seen any other analyst deal with in explicit terms, what he calls the "energy surplus" from oil production.

To put this concept to numbers, back in the early days of the oil industry when there were plenty of large oil fields, with cheap/easy extraction; the oil industry could extract 100 barrels of oil for every barrel they used producing that oil, thus the energy surplus was 100:1.

As the cheap/easy oil fields dried up, this ratio has plummeted steadily lower, to the point where (if I remember Martenson's numbers correctly), the AVERAGE energy surplus in global oil production today is 3:1. In other words, despite improvements in technology; oil extraction is more than 30 times less efficient (or 30 times more energy-intensive) than it used to be.

But that's just the average. When it comes to the really difficult/energy-intensive oil production (like Canada's tar sands, like the U.S.'s shale oil) that ratio drops steadily further. The ratio Martenson asserted was 1.1:1. In other words, for every barrel of oil used in this oil production, that barrel only yields 1.1 barrels of output. Making the numbers a little easier to understand; they USE 10 barrels of oil to PRODUCE 11 barrels of oil.

Now as I mentioned; this analysis is nearly a decade old. It's certainly possible that shale oil and/or tar-sands oil is a little more efficient than the pathetic ratio from Martenson's analysis. But the bottom-line is the same: the VAST majority of oil produced by shale oil, and tar sands oil is USED in the production of that oil. Very little is left over to actually be utilized by the global economy.

Big Oil is drilling for oil, just to get enough oil to drill for more oil. It is a near-useless waste of resources AND it's destroying the environment in much of North America. This was NEVER an economically efficient/economically rational form of energy production, and if it wasn't for the fact that Stephen Harper is GIVING AWAY our oil (to the U.S.) at a discount of 30% from benchmark prices; the U.S. shale oil industry would have NEVER been profitable -- even with the price of oil at/near $100 per barrel.

11:59 AM
Hey Rory, are there any "big names" in the Alternative Media whom you have not managed to interview? John Embry is another personal favorite and a strong influence on me as I went from precious metals investor to "precious metals analyst".

I haven't had time to listen to the clip yet, but did read your transcript/summary. Definitely a lot of heavy/serious issues in this one...

11:05 AM
Jeff Nielson replied to the topic Re: Site problems -- update in the forums.
I'm STILL waiting for our web-host to recover the lost data (i.e. posts and a commentary) which were lost when our domain was transferred last week. I've been advised to PUBLISH nothing new until this data is reloaded into our archives.

I suspect this might mean that the most-recent Forum posts could disappear when the old data is recovered. In other words, what I'm afraid will happen is this. When the web-host reloads the data that has been lost (Forum posts from April 22 - 28) that this will cause NEWER posts to disappear (those posted after April 28).

If this happens, I apologize for that aggravation. However, I want to assure all readers, and especially Forum users that this is not going to become a regular problem. Once this current snafu is dealt with (and however this plays out), there should be no future problems in posting on the Forum (nor with my own commentaries).

Please bear with us as we work out these kinks.

10:57 AM
5 days ago
There was an hilarious piece of gibberish published by GoldCore, claiming that JPMorgan (over a short period of time) has accumulated a silver hoard of 350 million ounces of "physical silver", as part of an effort to "corner the market" (lol!). I'm going to do a Sprott Money piece on this nonsense, so I don't want to steal my own thunder. So I'll just review what's in the article itself.

GoldCore actually compares JPMorgan's supposed hoard of "silver", and its supposed attempt to "corner the market" to a REAL hoard of silver, and a REAL attempt to corner the silver market -- the Hunt Brothers' episode of 1979 - 80. Note that the Hunt Brothers were charged and convicted of "cornering" the silver market, even though their own hoard (only 200 million ounces) was less than 20% of total global inventories at that time. Even so; the price of silver increased by a factor of ten, as a result of all that silver-buying.

Conversely, today we're supposed to believe that JPMorgan has "accumulated" 350 million ounces of silver, even though that's likely more than TOTAL (real) inventories; AND JPMorgan has supposedly 'squeezed' the silver market this tightly while prices have actually gone down.

Have a good laugh for the weekend...

JP Morgan Cornering Silver Bullion Market?

- Why is JP Morgan accumulating the biggest stockpile of physical silver in history?
- Legendary silver analyst Ted Butler believes JP Morgan are in a position to corner silver market
- JP Morgan may be holding as much as 350 million ounces of physical silver
- JP Morgan realises the value of owning physical silver bullion today
- Silver at $16 today – Set to soar to over $50 again

JPMorgan Chase, the largest U.S. bank, one the largest providers of financial services in the world and one of the most powerful banks in the world has accumulated one of the largest stockpiles of silver the world has ever seen.

The total JP Morgan silver stockpile has increased dramatically in the last four years. In 2011, JP Morgan has little or no physical silver. By 2012, they had acquired 5 million ounces of silver bullion.

Incredibly, in the last 3 years their COMEX silver stockpile has increased tenfold and is now over 55 million ounces (see chart below)...
02:53 PM
agau121 wrote:

Democracy Now recently aired a segment that I thought did a good job of outlining the TPP. Congressman Alan Grayson of Florida was featured in the segment. I found these two quotes from Congressman Grayson in connection to the TPP particularly chilling:

"Now, I’m the first member of Congress to actually see any part of the TPP, even though 600 corporate lobbyists are, quote, "advisers" to the trade representative and they get to see everything. And I insisted they take that information to my office, and in return they told me I couldn’t take it with me, I couldn’t take it home, I couldn’t make notes on it, I couldn’t have my staff present. And here’s the kicker: They didn’t want me to discuss it with the media, the public or even other members of Congress. So it’s a farce. And it’s meant specifically to keep the information away from the American people, because if the American people knew what was going on, they’d recognize that it’s a punch to the face of the middle class in America."

Later in the segment, he goes on to say:

"Well, one of the sad and disturbing elements of this whole process has been the artificial secrecy that’s been imposed by the administration and by the trade representative on these dealings. I can’t think of any other occasion, when I’ve served in Congress, when I’ve seen the element of deception loom so large here. The public is better informed of Iraqi attacks on ISIS, which you’d think would be classified, than it is informed on a trade deal that’s going to determine our economic future for the next 20 years. What’s happened is that, right at the beginning, the trade representative took the absurd position that everything that was being negotiated was classified, even though it was directly in the hands of the foreign governments with whom he was negotiating. Remember, normally, we have a classified system to keep information away from our enemies, or at least other governments. In this case, it was the other governments that had the information, and it was Congress and the American people who were being denied the information. And they took that position for five years, even though 100 members of Congress wrote a letter to the trade representative saying, "Cut this out."

Alan Grayson is one of the few, honest politicians remaining in Washington, and what he's describing is very similar to the utter perversion of democracy (and political due process) which took place during the passage of "The Patriot Act" -- which put "the U.S. Constitution" through a paper-shredder.

None of these trade deals is anything but more more anti-capitalism, and more fascism. The euphemism of "free trade" which is attached to these fascist deals is not even a remotely accurate label. The only thing "free" here are all the Western jobs -- being given away for nothing by our Traitor Governments.

02:33 PM
6 days ago
Jeff Nielson replied to the topic Re: Police Culture in Baltimore in the forums.
Earl, it's too bad that one of the posts which has "disappeared" from the Forum (temporarily?) was the post I did on an article by Chris Martenson on the SYSTEMIC BRUTALITY of U.S. police.

Where do systemic problems always start? At the TOP. So why isn't anyone pointing the finger at the POLICE CHIEFS and POLITICIANS who are responsible for systemic brutality by U.S. police?

As Chris Martenson pointed out; U.S. police are TRAINED to be highly-confrontational, in virtually any/every context. And then they are TRAINED to over-react to all confrontations. So first the U.S. police create confrontations, in situations where it was totally unnecessary to do so, and THEN they "over-react" -- i.e. beat their "suspect" to a pulp, or simply murder him.

As Martenson points out; this is merely one reason (of many) why the United States can no longer be regarded as a civilized nation.

08:21 PM
Thanks for the post Earl.

"De-regulation" is one of the most-facile aspects of conservative dogma. De-regulation was supposed to fix everything. What actually happened?

The global airline industry was "de-regulated". The global airline industry was destroyed. The trucking industry was de-regulated. The trucking industry was destroyed. Our entire economies were "de-regulated" (i.e. "globalization) and our entire economies have been destroyed.

It's the same way these mentally-deficient neanderthals insist that "tax cuts" are always good. You can NEVER "cut taxes" enough (let alone too much), despite the fact that the tax-base has been cut across the Western world (by NOT taxing the wealth of the wealthy) to the point where NONE of these economies is financially sustainable.

What is the response of the right-wing neanderthals? We need MORE tax-cuts.

Flash back to when (in the eyes of the conservatives) our economies were "over-regulated", and taxes were "too high". That was when we had prosperous economies, a strong Middle Class, and SOLVENT nations.

If you want to destroy an economy; put a "conservative" in charge.

08:07 PM
Jeff Nielson replied to the topic Re: China: The Key To The New World Order in the forums.
Thomas Aquinas wrote:

T/A, I still see absolutely nothing to persuade me here. There's nothing but innuendo. And it was positively facile to cite a remark from a Chinese official that the AIIB is intended to "compliment" Western banking machinery. What did he think they were going to say?

Frankly, I'm disappointed that Sean as SGT Report chose to be a cheerleader for this interview. If I had conducted the interview; I would have had a few questions for Corbett, such as these:

1) IF China is part of "the New World Order" (which doesn't exist), and partners with Western banksters; why did it ride to Russia's rescue when the SAME Western banksters were trying to destroy its economy? Why didn't it just stand back and do nothing?

2) Why is China AGGRESSIVELY accumulating gold, if it plans on being part of the SAME anti-gold economic system? (Compare that with Western puppet governments)

3) Why is China encouraging its CITIZENS to aggressively accumulate gold? If you want your citizens to be serfs, you would NEVER encourage them to accumulate the metals of economic liberty?

I could go on and on and on; but you get the picture. Find me someone with rational answers to questions like this, and then I'll begin to seriously consider such perspectives.

All the WESTERN "teammates" behave exactly the same way. So when I see the (supposed) "teammate" in the East behaving in a totally different manner; I don't see a teammate.
07:09 PM
Jeff Nielson replied to the topic Re: Site problems in the forums.
Bignoga wrote:
I don't know if it's just me or for everyone but the latest commentary as well as some forum post are missing since the change over.

You are quite correct, BigNoga.

One full week of content "disappeared". Apparently everything that was posted after our "server" was transferred, but BEFORE our "domain" was transferred has fallen into limbo -- but should be retrievable.

That ate up most of today for me, and I'm just trying to determine if it's safe to publish my newest commentary (already written) prior to the older content being restored. I'm really hoping to have things back to normal tomorrow.
06:35 PM
1 week ago
Jeff Nielson created a new topic Site problems in the forums.
My apologies!

We had some more "transferring" to do, this time involving our domain, and that turned into another multi-day mess. However, I think it's now safe to say that all of the "transferring" is done, and there should NOT be any more major snafu's like these last two.

There may still be occasional problems in the future (just like we had occasional problems in the past), but such "issues" should be a question of hours -- not days.

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