Bitcoin Hits New Record, Crosses $250
The assumption of the critics of bitcoin is that the early adopters will be coming back, either in large part or some part, into the fiat money system and the banking system but with more and more merchants accepting bitcoin as a method of payment why would anyone go back ?
BitCrash Continues: Down 40% And Dumping
“Firehats: on, especially since the volume is still relatively lite.”
Bitcoin Price: Outperforming Every Currency and Market — But is It Just a Bubble? Since 2009, BTC is up 30,549,977%
“Bitcoin is one of the first implementations of a concept called crypto-currency and is designed around the idea of a new form of money that uses cryptography to control its creation and transactions, rather than relying on central authorities.”
How the looming bitcoin crash will be exploited by globalists to outlaw decentralized crypto currencies
“Discrediting bitcoin isn’t enough, however. To really be effective, they need to make bitcoin illegal.”
“Step 1) Central banks buy up massive quantities of bitcoin currency, driving the prices into the stratosphere and encouraging millions of people around the world to jump on board the “get rich” bandwagon.”
Is it certain that central banks are doing the bulk of exchanging fiat for bitcoin ?
“Step 2) Once bitcoin valuations reach a sufficient level of insanity, start a massive selloff by dumping the bitcoins you already bought onto the market, offering them for sale at any price (i.e. sell into falling prices, accelerating the loss in valuations).”
What if more buyers appear ?
“Step 5) Demonize bitcoin by characterizing it as a “libertarian pyramid scheme.” Lash out against both decentralized currencies and libertarians.”
Do I really have to explain how when there are only 11 million bitcoins in existence makes it NOT a pyramid scheme ?
And at $250 per bitcoin it makes the bitcoin market capitalism to be $2 billion but how much savings are there in Spanish banks ? In Italian banks ?
Cyprus To Sell €400 Million In Gold, About 75% Of Its Total Holdings, To Finance Part Of Its Bailout (in?)
What the f**king hell is Cyprus doing ?
The Elite’s Plan For One World Currency
30s “We should go back onto the gold standard”
1m35s “The united states suffered through 10 years of the gold standard.”
1m55s “I don’t see global solutions.”
5m “Anything monopoly, any single currency, anything where there is one choice will be controlled by the most powerful and ruthless men and we’ll all get screwed.”
If Cyprus sells 75% of their gold then will suffer should the gold standard return.
Europe Extends Confiscatory Non-Template ‘Template’ To Interbank Deposits
This is why you don’t want to move gold yourself…
“They searched his car and found, literally, a ton of gold bars hidden in a floorboard storage compartment.”
“Needless to say, the gold was confiscated, the car was impounded, and the man was arrested, despite the fact that it’s perfectly legal to own and transport gold.”
“Now, the European Union does require that ‘cash’ in excess of 10,000 euros be declared when crossing borders.”
“Yet article II of EC regulation 1889/2005 states that “cash” for the purposes of declaration includes legal tender currency plus monetary instruments in bearer form– travelers cheques, promissory notes, bearer bonds, and stock certificates. Not gold. And certainly not gold bars.”
“So the man was actually well within his legal rights. But it didn’t matter. They nabbed him on ‘suspicion of money laundering.’”
Cyprus Suspends Probe Into Who Withdrew Money Early
“As it turns out, it was “all the central bank’s fault”, which was charged with providing the data. The head of the Cypriot parliament’s ethics committee, which was due to look into a list detailing transfers of more than 100,000 euros from the two major banks – Bank of Cyprus and Cyprus Popular Bank – said on Tuesday that the list fell short of what he had requested. “It was with great disappointment and anger that, when we opened the envelope, we realized it contained data for only 15 days even though we had asked for a year,” lawmaker Demetris Syllouris told reporters. “This kind of behavior is unacceptable.“”
Digital Gold Rush: The Bitcoin Boom and Its Many Risks
“It isn’t surprising that governments take a critical view of the digital cash. After all, it was invented to break the monopoly of central banks. Its inventor, who is known only by his pseudonym Satoshi Nakamoto, wanted to create a direct, anonymous form of payment on the Internet that would render middlemen like PayPal or credit card companies unnecessary.”
Silver price breaks out of a declining pattern and rallies 9% on Bank of Japan money printing
“Silver is an obvoius choice for speculators as a volatile and tightly held commodity and monetary metal. Could silver be the money than really wins the currency war?”
COMEX non-inventory non-movement
“Slovenia’s credit default swaps are rising which means that they are probably the next country to receive a bailout (or will it be a bail in)”
“The total silver comex OI continues to play havoc to our bankers. Here the total OI for the silver complex rose again by a rather large 2188 contracts from 159,386 all the way up to 161,574. We are now again at record multi year levels in silver OI. No doubt we have some very stoic longs who seem impervious to pain. It looks to me like we a major sovereign (like maybe China?) with proxies standing for much of this silver.”
Nearly 20% of CNT Silver Inventories Withdrawn from COMEX Vaults Monday!
Japan Hyper QE Inflation Wars, Bank of England’s Bail-in Secret, Buy Gold, Silver?
“I’m not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.”
Fed Releasing Minutes Early Due To Early Release To Congressional Staffers And Lobbyists
“So the Fed now pre-releases data to US politicians ahead of everyone else. What else does the Fed leak to those for whom frontrunning is still legal?”
Ordinary investors getting their face ripped off by these insider trading politicians.
FOMC Minutes Released Early, Several FOMC Members Saw QE Tapering, Halt By Year End
The March jobs report was half of the lowest estimates so I don’t think QE will be ending any time soon.
Big Pharma made $711 bln overcharging seniors and disabled
PayPal are Tracking your IP – PAYPAL terminates users on VPN’s for “SECURITY” reasons – but open WIFI is safe
“I wonder if their IP tracking of customers is a Data protection breach ?”
Financial Holy Grail Revisited
“I would NEVER short such funds, as who knows when the “Big One” will hit; but then again, all five funds are deemed “hard to borrow” – so unless you’re a CRIMINAL banker exempt from SECURITIES LAW, I couldn’t short them anyway. For the record, “hard to borrow” means owners are not willing to lend shares to potential short-sellers; and thus, the BLATANT, ALGORITHM-BASED SHORTING observable to even the most novice viewer is NAKED – executed illegally by those given a PASS to circumvent the law.”
The Banks’ “Penalty” To Put Robosigning Behind Them: $300 Per Person
Each property worth $100,000 or more was stolen and $300 is not any kind of compensation for the criminal theft.
Debunking Old Civil War Myths – Long Proven Wrong
“The government schools have performed superbly in indoctrinating generations of American school children with a pack of lies, myths, omissions, and falsehoods about Lincoln and his war of conquest.”
Gov’t fined and suspended retired (and licensed) veterinarian, and threatens fines & jail time…just for giving pet advice online.
“This Institute for Justice lawsuit involves free speech and Internet freedom while centering on one of the most important unresolved issues in First Amendment law: When does occupational licensing trump the First Amendment? The outcome will have widespread implications for medicine, law, psychology, investment advice, and many other occupations that often involve nothing but speech in the form of advice. The facts make it an ideal lawsuit for eventual consideration by the U.S. Supreme Court.”
Even the NY Times is now rejecting Monsanto GMO science
Jon Stewart Highlights Monsanto Protection Absurdity
“In a recent clip seen below, Jon Stewart focuses on how strange it is for the rider to be in a spending bill, the lameness of Congress claiming they did not know about the bill that they passed, and if only one Senator had stood up against the bill…oh wait, one did. See for yourself….”
“Not only did Senator Jon Tester stand up and out this rider on the Senate floor, but probably close to a million people called the Congressional and White House lines after having only a few days to find out about it.”
I am waiting for a law suit to be filed in challenge to placing Monsanto supposedly above the law.
Edible City: Grow the Revolution (Against Monsanto and the Corporate Domination of Food)
“Edible City is a fun, fast-paced journey through the Local Good Food movement that’s taking root in the San Francisco Bay Area, across the nation and around the world.”
I am thinking about doing some aquaponics – http://www.backyardaquaponics.com/
Palestinian Cameraman Shot In The Face In Bethlehem
The Israeli government is an obscenity, I don’t care what being victims of genocide is supposed to confer on them.
‘US repressing anti-imperialist tones’
“An analyst says the US preaches democracy, but it dictates orders to Satellite providers to shut down any alternative voice that doesn’t fit the US imperial agenda.”
Iraq Veteran Indicted After Filming Police
55s “Failure to obey a lawful order” ?
Is an order to slit your wrists a lawful order ?
Tortured for Testimony: Anarchists Get Solitary Confinement for Not Snitching
“Matt and KteeO believe they were brought in to testify based solely on their shared political beliefs with the suspects, and that the FBI is on a witch hunt to track down political dissenters.”
“Using solitary confinement for convicted felons is controversial enough, but in this case the imprisonment was a form of coercion. The judge only released Matt and KteeO after concluding that they would not break their resolve under the harshest of circumstances.”
Political prisoners in 2013 USA.