Sunday, July 31, 2011

(Video) The World According To Monsanto


There's nothing they are leaving untouched: the mustard, the okra, the bringe oil, the rice, the cauliflower. Once they have established the norm: that seed can be owned as their property, royalties can be collected. We will depend on them for every seed we grow of every crop we grow. If they control seed, they control food, they know it -- it's strategic. It's more powerful than bombs. It's more powerful than guns. This is the best way to control the populations of the world. The story starts in the White House, where Monsanto often got its way by exerting disproportionate influence over policymakers via the "revolving door". One example is Michael Taylor, who worked for Monsanto as an attorney before being appointed as deputy commissioner of the US Food and Drug Administration (FDA) in 1991. While at the FDA, the authority that deals with all US food approvals, Taylor made crucial decisions that led to the approval of GE foods and crops. Then he returned to Monsanto, becoming the company's vice president for public policy.

Thanks to these intimate links between Monsanto and government agencies, the US adopted GE foods and crops without proper testing, without consumer labeling and in spite of serious questions hanging over their safety. Not coincidentally, Monsanto supplies 90 percent of the GE seeds used by the US market. Monsanto's long arm stretched so far that, in the early nineties, the US Food and Drugs Agency even ignored warnings of their own scientists, who were cautioning that GE crops could cause negative health effects. Other tactics the company uses to stifle concerns about their products include misleading advertising, bribery and concealing scientific evidence.

Thursday, July 28, 2011

Rossi's Self Sustaining One Megawatt Reactor

Source: Pure Energy Systems
Date: July 21, 2011
by: Hank Mills

This photo was taken during the stress test of a series of E-Cats recently. They are some of the E-Cats that will comprise the 1 MW plant.  Greek scientist, Christos Stremmenos, is in the center.  Prof. Sergio Focardi is shown on the left; and Andrea Rossi is on the right.

Almost everyone in the alternative energy community is aware of Andrea Rossi's cold fusion based E-Cat (Energy Catalyzer) technology. It is a game changer that allows vast amounts of energy to be produced by inducing a nuclear fusion process between small quantities of nickel powder and hydrogen gas. Instead of the reaction taking place in a gigantic multi-billion dollar experimental reactor, it takes place in a device that can fit on a table top. This technology seems to be everything to be hoped for in a revolutionary new source of energy to replace fossil fuels -- safe, cheap, environmentally friendly, and inexhaustible.

In recent days, even more news has emerged about this technology. It seems that as the launch of the technology approaches, the flow of information is accelerating. The information is coming from Defkalion Green Technologies Incorporated, Andrea Rossi himself, and from other sources. The following is a review of some of the breaking news.
...
Read full article here

Why QE2 Failed: The Money All Went Overseas

Source: Huffington Post: Business
Date: 7/11/11 10:42 AM ET
by: Ellen Brown

On June 30, QE2 ended with a whimper. The Fed's second round of "quantitative easing" involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got the money, which went straight into the reserve accounts of banks, where it still sits today. Worse, it went into the reserve accounts of foreign banks, on which the Federal Reserve is now paying 0.25-percent interest.

Before QE2 there was QE1, in which the Fed bought $1.25 trillion in mortgage-backed securities from the banks. This money, too, remains in bank reserve accounts collecting interest and dust. The Fed reports that the accumulated excess reserves of depository institutions now total nearly $1.6 trillion.

2011-07-07-excessreseerves711.png

Interestingly, $1.6 trillion is also the size of the federal deficit -- a deficit so large that some members of Congress are threatening to force a default on the national debt if it isn't corrected soon.
...
Read full article here

Wednesday, July 27, 2011

Genetic Genocide: Humanity’s Greatest Threat

Source: Infowars.com
Date: July 27, 2011
by: Aaron Dykes & Alex Jones

Pandora’s Box has surely been opened. A dangerous genetic experiment has come out of the shadows, and the human-animal hybrids, chimeras and other transgenic clones it has yielded now threaten to endanger and irrevocably alter life as we know it.

The controllers of elite-funded science and R&D have wantonly tampered with the genetic code of the planet, ignoring the rather obvious dangers posed by cross-species experimentation and flagrantly jeopardizing the earth’s delicately-balanced biodiversity.

In a special video, Alex Jones addresses the profound risks posed by genetically-modified hybrids now featuring prominently in the field of biotechnology.

...
Read full article here

Monday, July 25, 2011

How to Fix America's Debt Problem: No More National Debt

Since its inception the United States has fought the banks for control of its own money supply. These banks were and are owned and run either directly or indirectly by powerful banking families such as the Rothschilds, who are estimated to have controlled half the world's wealth in the 19th century. The artifice used by the international money changers to monopolize America's money supply has been to get corrupt and/or naive politicians to help install a privately owned central bank, which is owned and controlled by the money changers themselves (rather than by the American people). President Andrew Jackson famously fought to get rid of The Second Bank of The United States which was a privately owned central bank taking after the Rothschild Bank of England model. President Jackson considered killing the (central) bank as his greatest achievement and had imprinted on his tombstone I Killed The Bank.

At the time of the American Civil War, President Abraham Lincoln needed a means of financing the conflict and discovered that foreign banks offered to lend the United States money only at a highly usurious 24% to 36% interest rate. Rather than accepting such onerous terms, Lincoln consulted with his friend from Chicago Colonel Edmund Dick Taylor who suggested that the U.S Treasury should print and issue its own (interest free) currency to pay for war debts. According to Taylor,
 "The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."
The United States Note issued by the U.S. Treasury was popularly called the "greenback" due to the green ink used to print the back of the notes, which was used to distinguish them from other notes in circulation. The greenback turned out to be a success largely because they were specified by law as legal tender, so that creditors were compelled to accept them even though they were not backed by gold, bank deposits, or government reserves, and bore no interest. One of the key features of the greenback is that it did not rely on debt (e.g. bonds) being issued first for the money to exist. The benefit of this is that taxpayers did not need to pay any interest to service the debt attached to the greenback, because there was none. The one big flaw is that the greenback was eventually exchanged at a discount (e.g. unfavorable rate) to gold due to currency debasement. Originally in 1862 there were only plans to create $150,000,000 worth of greenbacks with the passage of the First Legal Tender Act. In 1863 Congress passed the Second Legal Tender Act and Third Legal Tender Act which grew the greenback supply to $450,000,000. This would have been fine if they, for example, had retired some of the other money in circulation with greenbacks.

Abraham Lincoln, unlike Andrew Jackson, was a central banking advocate who liked the idea of a federally controlled fiat currency. Andrew Jackson was against central banks and federal control of the money supply in addition to being a "sound money" advocate.

Although Lincoln's greenback was an overall success (except for the debasement aspect), most in Congress wanted to retire the greenback and move towards a gold standard. Advocates of permanently remaking America's monetary system according to the greenback paradigm were in the minority and did not win out in the end. The banksters actually got the last laugh with the passage of the National Banking Act (in two parts), which Lincoln should have vetoed. The National Banking Act did have some good characteristics, but it essentially set the framework for the debt based currency system we use today. Interest bearing bonds are required to be issued before any currency can exist. Bonds are aptly named because ever since the passage of the National Banking Act we have been kept in debt bondage.

How do bonds keep us in bondage? I have extracted a short video segment from Bill Still's master work The Money Masters where Mr. Still explains the Federal Reserve's four step money creation process. Still also explains why our bond (debt) based currency is a scam that benefits the banksters at our expense.


Federal Reserve money creation process taken from "The Money Masters"




Following is Bill Still's latest advice via his YouTube channel on how to overcome the recent U.S. national debt crisis and whether or not he thinks we should increase the debt ceiling. You might be surprised at how straightforwards the solution is.


7/29/2011 SR SR 21 Debt Limit Debate 3


Important: Criticisms of printing debt free money in the image of Lincoln's greenback are answered.


7/25/2011 SR 20 - The Debt Ceiling Debate


The U.S. Treasury has the power already to issue debt free money in the form of coins. How re-issuing the United States Note or quarters could be a way out of the debt debacle, and free us from bankster bondage.



7/24/2011 SR 19 - U.S. Debt Limit


Congress is missing the point in the debt limit debate.


6/22/2011 Still Report #18: Iceland Ireland


Despite threats of food running out, Iceland stood up to the banksters. Remember that former U.S. Treasury Secretary Hank Paulson, Goldman Sachs alumnus, threatened that martial law would be declared if the banksters did not get their bailouts. They got their bailouts, of which only 800 billion or so was shown to the public. In reality another 16 trillion in secret bailout loans were sent to domestic and foreign banks.

Bill Still's latest book is titled "No More National Debt" and can be found at http://billstill.com amazon.com or the infowars.com store.

Saturday, July 23, 2011

The Global Physical Gold & Silver Reserves Race is the New Nuclear Arms Race

Source: SmartKnowledgeU™
Date: July 21st, 2011
by: J.S. Kim

The old Cold War USA-USSR nuclear arms race has been replaced by the East-West Central Bank battle to accumulate physical gold and physical silver reserves. While Western Central Banks and their puppet bullion banks have distracted and goaded private citizens with the invention of fraudulent bogus paper gold and paper silver derivative products, including ETFs more recently, and paper futures contracts for a much longer period of time, they themselves have been making sure to avoid the very fraudulent paper products they have invented and have been diving headfirst into real physical precious metals.

As Central Banks continue to significantly devalue all major global currencies through excessive creation of new supply out of thin air in a digital world where “new money” is never even printed into paper/cotton form but only is created as digital bytes that are sent across international borders, the private families that are the majority shareholders in the world’s most powerful Central Banks have engaged in heavy buying of physical gold in particular, and to a lesser degree, physical silver. In 2010, Central Banks as a group, became net buyers of physical gold after two decades as net sellers. EU Central Bankers became net buyers of physical gold for the first time during the 1st Quarter 2011 since their introduction of the heavily flawed Euro into circulation in January of 2002.

As of April 2011, China was, according to “officially reported” statistics, the sixth-largest official holder of gold, with 1,054.1 tonness, according to World Gold Council estimates. The U.S. was still reported to possess the largest gold reserves at 8,133.5 tonnes. However, all of you know by now that I believe all “officially reported” statistics, whether the statistic is GDP, unemployment, inflation, or gold reserves, to be a charade and mockery of the truth. To this day I am highly skeptical of the US reported reserves of 8,133.5 tonnes, especially since these reserves have neither been independently audited nor independently tested to ensure that they meet good-for-delivery bar status since Dwight D. Eisenhower was the US President in the 1950s. As for China’s “officially reported” holdings of only 1,054.1 tonnes, anyone that takes these reported stats at face value as the truth is a fool for any number of logical reasons. One, China reported that its “official” gold holdings were a constant 600 tonnes from 2003 to 2009 and then reported that it had increased its holdings to more than 1,000 tonnes overnight in 2009. Since China lied about its gold reserve holdings for more than 6 years, one cannot and should not assume that their “officially” announced 1,054.1 tonne level was truthful. Since China made that announcement in 2009, their “official” gold reserve level has not increased at all.

Anyone that believes that China has not accumulated more gold, and lots of it, since that time, does not understand the Chinese government and Chinese bankers. Chinese bankers have been studying the best ways to invest in gold and silver for many years now in preparation for this global monetary war and they realize that one of the best ways to invest in PMs is to own the real thing. Furthermore, there are multiple mechanisms by which China could be secretly increasing their gold reserves out of the scrutiny of the public eye. In 2008, China replaced South Africa as the largest gold producer in the world, but nobody really knows exactly how much gold China produces or how many proven/ probable reserves or how much measured/indicated resources they own. Thus, China could be increasing gold reserves significantly on in-house production alone. Certainly we know that China is increasing its silver reserves through a policy of decreasing its domestic silver exports and increasing its foreign silver imports.

For example, last month, China’s General Administration of Customs reported that its net imports of silver nearly quadrupled year-over-year in 2010 to more than 3,500 metric tons. Also of important note is the fact that in 2010, China exported 1,575 metric tons of silver, 58% less than in 2009, and imported 5,159 metric tons of the metal, 15% more than in 2009. This is a huge change if one realizes that from 2005 to 2010 China transitioned from a net exporter of 2,900 metric tonnes of silver to a net importer of 3,500 metric tonnes.

From 2005 to 2010, China increased its gold holdings in its State Administration of Foreign Exchange (SAFE) more than tenfold from a very small starting point of USD $4.2 billion to USD $48.1 billion. However, China could be increasing gold (and silver) reserves significantly through purchases in its Sovereign Wealth Fund – purchases that are not made available for public inspection or consumption. For China to publicly announce their buildup of gold and silver reserves that would drive up the price of the very commodity they wished to accumulate more of would be akin to then-Chancellor of the Exchequer Gordon Brown’s foolish decision to pre-announce in 1999 that the UK would be selling half of its gold reserves.

Also of important note are the following facts. China only recently deregulated gold in 2003 to allow gold prices in China to mirror international prices. The Shanghai Gold Exchange only opened in October of 2002.  In late 2009, the Chinese started making gold and silver bullion easily accessible to its citizens through introducing physical sales of multiple size bars at its banks and China finally legalized ownership of 99.999% pure silver bullion. The Chinese typically have a tendency to buy PHYSICAL gold and PHYSICAL silver, not the fraudulent paper gold and paper silver derivatives invented by bankers to suppress the price of gold and silver. For the first time ever, Chinese citizens will be able to buy silver futures in Hong Kong this week and later in Shanghai; however, since the Chinese are fond of owning Physical metals, perhaps even the majority of Chinese may settle these futures contracts with physical delivery. Furthermore, even when the option to buy gold and silver ETFs in China becomes a reality, the average Chinese citizen may shy away from these products due to his or her propensity for owning real gold and real silver.

For Asians in general, gold and silver have always been money. In Thailand, the word for money “ngen” is also the word for silver. In China, the word for bank combines the characters for “silver” and “movement”. In China not only is private demand strong AND relatively young, but even in India, private ownership of gold bullion bars was not legalized until 1990. Thus, the war between East and West over gold and silver will intensify in coming months and coming years. The objective of the East will be to release the gold and silver price from the clutches of Western price suppression schemes while the objective of the West will be to hoard gold in an attempt to prevent citizens of Western nations from owning the asset that will protect them the most from their currency devaluation schemes.

The current talk in the mainstream financial media about gold being a bubble at $1,600 an ounce and of silver having already reached its top of its long-term peak at $50 an ounce is simply rubbish. A bubble is never defined by high prices, the perception of high prices or even a decade long rise in prices. What defines a bubble is a meteoric rise in price that is not supported by fundamental reasons. For example, the US NASDAQ dot.com stock market was a bubble because dot.com stocks that had zero earnings were trading at impossible valuations and sometimes double and triple digit dollar values per share. However, the fundamental reasons that have driven gold from $250 to $1,600 and silver from $4 to its current $39 – $40 range are even stronger today than they were at the beginning of this precious metals bull. Therefore, it is impossible for a bubble in gold and silver to exist at their current prices and at this current time.
And for this reason, this is precisely why the global nuclear arms race has been replaced by a global physical gold race. Welcome to the new global war in precious metals.

About the author: JS Kim is the Managing Director of SmartKnowledgeU. SmartKnowledgeU now offers monthly subscriptions to our premium investment newsletter, the Crisis Investment Opportunities newsletter, an investment newsletter that has returned well over a cumulative 200% (on all opened and closed positions) since its launch in June 2007 to present day. Follow us on Twitter here.
Republishing rights: The above article may be republished on other sites as long as all text and links remain as is and the author acknowledgment remains intact.

Thursday, July 21, 2011

S&P500 to test 1350-1370 possibly 1400 this summer or by year end says BofAML Mary Ann Bartels

Date: 7/21/2011


On CNBC "The Closing Bell" with Maria Bartiromo, Mary Ann Bartels, respected Technical Research Analyst for Bank of America Merril Lynch, sees the S&P500 testing May, 2011 highs near 1350-1370 with a possible test of 1400 some time during the summer or by the end of the year. Sidelined hedge fund cash is specified as a catalyst for a further rally in the stock market.

Charts are taken from the BofAML research report dated July 21, 2011 Weekly Stock Charts: Technically attractive stocks to “Buy-write”.

Monday, July 11, 2011

How Quote Stuffing Stuffs the Retail Investor

On July 5, 2011 the capacity of the CQS (consolidated quote system used by U.S. stock exchanges) was increased by 33 percent to 1 million quotes a second, which was immediately filled by high frequency trading systems. According to Nanex, a company which provides the NxCore data feed and has done forensic analysis of exchange data for such events as the May 6, 2010 "flash crash", the practice of "quote stuffing", or placing a large volume of orders and then immediately cancelling them, is used by high frequency trading systems to slow down the quotes which human traders (or even some algorithmic trading systems) see on their computer screens/data feeds while the high frequency trading systems with their co-location advantage have access to the actual real time data. This disadvantages the "screen traders", investors or non-HFT algorithmic traders.

In the following video segment, Melissa Lee interviews Eric Hunsader of Nanex on the issue:

One possible solution to this problem of quote stuffing is actually presented by one of the floor traders in the interview segment: simply place a fee on quotes placed over a certain limit each day as the European exchanges do.  Hunsader of Nanex agrees that this would immediately fix the quote stuffing problem.

Read more from CNBC

Wall Street: The Speed Traders by 60 minutes, which first aired in October of 2010, is a great overview of high frequency trading. They also cover the flash crash.



How Speed Traders are Changing Wall Street

Tuesday, July 5, 2011

Amelia Bourdeau wants to short EUR/NZD at 1.7400 target 1.7000 stop 1.7650

Date: 7/5/2011

CNBC Money in Motion trader Amelia Bourdeau wants to short EUR/NZD on a breakdown through 1.7400.
Trade summary: Short $EURNZD at 1.7400 target 1.7000 stop 1.7650 which is a R:RW of 400:250 or 1.6:1.
Here is Ms. Bourdeau's rationale for her EUR/NZD short trade idea from July 5, 2011:


Last week Amelia's AUD/JPY short trade idea from 6/27/2011 (two days before the 6/29/2011 Greek austerity vote) as presented on Fast Money was either not triggered to get short, or the trade would probably be stopped out by now if entered. I feel that Amelia was probably looking for a break of the previous day's (6/26/2011) low of 84.051 as a trigger to get short since the entry price of the trade is shown as 84.0500:
No trade parameters other than entry price were given on Fast Money for this particular trade.
Following is the rationale behind Ms. Bourdeau's AUD/JPY short trade idea from 6/27/2011:

http://video.cnbc.com/gallery/?video=3000030114

Amelia presented an earlier trade idea to short the EUR/JPY on CNBC Fast Money before Melissa Lee went on vacation. This earlier trade was stopped out for -170 pips.  The EUR/JPY short was presented on CNBC Fast Money the day before the Greek confidence vote (6/20/2011 is the trade presentation date, 6/21/2011 is the Greek confidence vote).  Here are the trade parameters of that trade:
Here is the rationale behind Amelia's 6/20/2011 EUR/JPY short trade idea:

It seems as if much of Wall Street was caught on the wrong side of the Euro last week. Andy Busch was also stopped out on his EUR/USD short idea as presented on Money in Motion on Friday June 24, 2011 for -250 pips.

All of the stop outs do not mean that the currency traders' overall thesis is wrong. Obviously the price action indicates that the timing and/or estimation of the level of volatility/optimism was not correct with regards to the Euro.

Monday, July 4, 2011

CERTIFIGATE: Adobe book editor positive: Obama certificate is phony

Source: World Net Daily
Date: June 28, 2011 9:41 pm Eastern
by: Jerome R. Corsi

'Altered document is manufactured, or in everyday parlance – a forgery'


NEW YORK – A nationally recognized computer expert who has served as contributing author and technical editor for more than 100 books on Adobe and Microsoft software says the Obama long-form birth-certificate image released by the White House is a fraudulent document created with Adobe software.

"The PDF file released by the White House contains evidence of manipulation suggesting that one or more forgers utilized existing Hawaiian birth certificates to assemble fraudulently for Barack Obama a document the president presented to the world as authentic," Mara Zebest told WND.

Zebest has prepared a full analysis of the image that was presented April 27 by Barack Obama to the world as a copy of his original birth documentation in the state of Hawaii.
Obama LFBC a Forgery According to Computer Graphics Expert Mara Zebest

(Story continues here)

Sunday, July 3, 2011

Rebecca Patterson wants to get long EUR/GBP on pullback to .8960 target .9200 stop .8870

Disclaimer:  I do not necessarily agree with these trade ideas.  It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.
 
Rebecca Patterson of CNBC Money in Motion currency trading states in Friday's show (7/1/2011) that she had already recommended being long EUR/GBP before another set of central bank meetings one month ago (there are three slated for the coming week). Her suggestion to traders this week is to stay long EUR/GBP if they are already in, or wait for a pullback to .8960 on the EUR/GBP to initiate a new position.

Ms. Patterson's trade setup is as follows:
Trade summary: Long $EURGBP on pullback to .8960 target .9200 stop .8870 which gives a 90:240 R:RW or 1:2.667.

Here is Ms. Patterson's rationale for the trade:



Todd Gordon wants to get long EUR/CHF on pullback to .382 and .618 fibs

Disclaimer:  I do not necessarily agree with these trade ideas.  It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.
 
Todd Gordon of CNBC Money in Motion currency trading wants to get long EUR/CHF on a pullback to the .382 or .618 fib. 1/2 of the position will be added at the .382 fib and 1/2 will be added at the .618 fib.

Trade summary: Long $EURCHF 1/2@1.2075 1/2@1.1970 stop 1.1900 with no target given to calculate R:RW

Here is the rationale behind the trade:


Click here for the CNBC Web Extra video

Andy Busch is Short GBP/AUD entry 1.5025 stop 1.5225 target 1.4025

Disclaimer:  I do not necessarily agree with these trade ideas.  It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.

Andy Busch of CNBC Money in Motion currency trading is short GBP/AUD already ahead of the three central bank announcements next week:
Trade summary: Short $GBPAUD entry 1.5025 stop 1.5225 target 1.4025 which is 200:1000 R:RW or 1:5.

Mr. Busch explains his rationale in the following Money in Motion video from Friday 7/1/2011:


Note that Mr. Busch's Euro short trade suggestion from last week was stopped out for -250 pips, due to the monstrous rally that ensued following a positive approval by the Greek Parliament of austerity measures on Thursday, June 30.

Here is Andy's Money in Motion trade from last week (Friday 6/24/2011).  First, he suggests entering a short of EUR/USD at 1.4200 (pretty much right at market) prior to the following week's austerity plan vote by Greek Parliament, with the intent to add another equal-sized position when/if 1.4075 were to be reached (e.g. double up).
Here is Andy's trade if the second portion were added due to the EUR/USD reaching the 1.4075 trigger price:
Note that no second portion was added because the trigger price was not reached.

At the time of Andy's now stopped out trade suggestion (Friday 6/24/2011), the Money in Motion traders know that George Papendreou successfully got past the first hurdle of the confidence vote on Wednesday 6/22/2011 but they are still awaiting the vote by Greek Parliament to approve the first set of austerity measures on Thursday, June 30.  Andy is betting that the approval might fail or that there is a bearish reaction regardless.

The tone of the Money in Motion traders is overall biased against the Euro at this time with the exception of Todd Gordon who is ambivalent and wants to see the EUR/USD break its trading range to determine what direction to trade it.

Click here for last week's video from CNBC with Andy Busch's trade idea

ShareThis