The Folly Of The Israeli And Arab Approach To Iran - Is Wikileaks Being Manipulated By An Intelligence Service? - By Alan Hart (6/12/10) PDF Print E-mail
Alan Hart   
Monday, 06 December 2010 09:27

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Max Keiser's Plan To Destroy JP Morgan Goes Mainstream, After The Guardian Posts His "Silver Squeeze" Thoughts - By Tyler Durden (6/12/10) PDF Print E-mail
Tyler Durden   
Monday, 06 December 2010 08:00

Zero Hedge

As Zero Hedge readers know, the reason why the US mint sold a record amount of silver American Eagle coins in November is unlikely a coincidence, and very possibly an indication that the recently disclosed plan as espoused by the MKs (Mike Krieger and Max Keiser) to destroy JP Morgan is working: to wit, if every person buys an ounce of silver, JP Morgan and its massive synthetic silver short position, will have no choice by the cover, face unprecedented margin calls, and possible lead to an end for the New York Fed's favorite bank. Today, Keiser goes mainstream, detailing his thoughts in The Guardian, which courtesy of its massive circulation is sure to reach far more readers to whom this idea is new. To keep a track of how well this plan is working, we suggest readers check in with the US mint, which frequently updates the amount of silver American Eagles sold on its website (link). The full Guardian article is below.

Want JP Morgan to crash? Buy silver
, published in The Guardian

The campaign to buy silver and force JP Morgan into bankruptcy could work, because of the liabilities accrued by its short-selling



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New Data Show China's Gold Demand Is Exploding - By Feiwen Rong (6/12/10) PDF Print E-mail
Feiwen Rong   
Monday, 06 December 2010 07:55

Bloomberg

China's gold imports jumped almost fivefold in the first 10 months from the entire amount shipped in last year as concern about rising inflation increased its appeal as a store of value, said the Shanghai Gold Exchange.

Imports gained to 209 metric tons compared with 45 tons for all of 2009, Shen Xiangrong, chairman of the bourse, told a conference in Shanghai today. China, the world's largest producer and second-biggest user, doesn't regularly publish gold-trade figures and rarely comments on its reserves.

Bullion soared 27% this year as the dollar dropped on concern that the trillions of dollars governments are pumping into the global economy may debase the value of currencies. China has pledged to use price controls and may raise interest rates a second time this year to slow inflation that has gained to the highest level since 2008.



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A Real Jaw Dropper At The Federal Reserve - By Sen. Bernie Sanders (6/12/10) PDF Print E-mail
Sen. Bernie Sanders   
Monday, 06 December 2010 07:32

Huffington Post

At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell the American people the names of the financial institutions that received an unprecedented backdoor bailout from the Federal Reserve, how much they received, and the exact terms of this assistance. He refused. A year and a half later, as a result of an amendment that I was able to include in the Wall Street reform bill, we have begun to lift the veil of secrecy at the Fed, and the American people now have this information.

It is unfortunate that it took this long, and it is a shame that the biggest banks in America and Mr. Bernanke fought to keep this secret from the American public every step of the way. But, the details on this bailout are now on the Federal Reserve's website, and this is a major victory for the American taxpayer and for transparency in government.

Importantly, my amendment also required the Government Accountability Office to conduct a top-to-bottom audit of all of the emergency lending the Fed provided during the financial crisis to be completed on July 21, 2011, which will take a hard look at all of the potential conflicts of interest that took place with respect to this bailout. So, in many respects, details that the Fed was forced to divulge on Wednesday about the $3.3 trillion in emergency loans that until now were totally kept from public scrutiny, marked the beginning, not the end, of lifting the veil of secrecy at the Fed.



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Israeli War Criminals Who Launched the Illegal Invasion on Gaza (6/12/10) PDF Print E-mail
Posted by Administrator   
Sunday, 05 December 2010 19:20

Please click on the link below: -

Israeli War Criminals Who Launched the Illegal Invasion on Gaza











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Last Updated on Sunday, 05 December 2010 19:26
 
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