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Monday, August 3, 2015

Congress Passes Bill In 15 Minutes To Revoke Americans' Passports Without Due Process


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The “war on terror” is a status quo fraud perpetuated by the oligarch-controlled mainstream media and authoritarian members of Congress as a way to systematically strip the American public of its freedom and civil rights in the name of fighting an outside enemy. This tried and true tactic has been used by statists throughout history, and history is indeed repeating itself here in the “land of the free.”
Of course, I’ve spent innumerable hours writing on this topic for many years, even before I started this website. Here are a few recent examples:
Moving along, today’s story is so incredible it’s almost hard to believe. It appears our so-called “representatives” recently took fifteen minutes to pass a bill that allows the Secretary of State to revoke Americans’ passports with no due process. Did you know about this? Well neither did I, and what’s worse, these members of Congress are so cowardly they passed the bill with a voice vote to avoid going on record. Talk about anti-American.
First, from Reason:
On Tuesday, without much notice, and after a whopping 15-minute debate, the U.S. House of Representatives passed via voice vote the Foreign Terrorist Organization Passport Revocation Act of 2015. Its intent: “To authorize the revocation or denial of passports and passport cards to individuals affiliated with foreign terrorist organizations, and for other purposes.” Some of the bill’s sparse details:

The Secretary of State may refuse to issue a passport [or revoke a previously issued one] to any individual whom the Secretary has determined has aided, assisted, abetted, or otherwise helped an organization the Secretary has designated as a foreign terrorist organization

How does today’s John Kerry or tomorrow’s John Bolton make such a determination? The bill doesn’t say.
Don’t we have laws, courts and due process in this country? Guess not.
It was also covered by Police State USA:
A bill passed by the U.S. House of Representatives would allow the government to restrict Americans’ travel through the revocation of passports based upon mere suspicions of unscrupulous activity.  This bill represents another dangerous step forward in the war on terror and the disintegration of American due process.

H.R. 237, the “FTO (Foreign Terrorist Organization) Passport Revocation Act of 2015,” will allow the U.S. Secretary of State the unchecked authority to prohibit individuals from traveling internationally.  According to the bill, the Secretary may unilaterally revoke (or refuse to issue) a passport from “any individual whom the Secretary has determined has aided, assisted, abetted, or otherwise helped an organization the Secretary has designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act (8 U.S.C. 1189).”

The bill did not bother to define what the terms “aided, assisted, abetted, or otherwise helped” actually mean, in legal terms.  The power has been left open-ended so that it can mean whatever the secretary wants it to mean.  Needless to say, a bill like this would be easily abused.

The travel restriction requires no presumption of innocence for the targeted individual; no explanation; no public presentation of evidence; no opportunity for a defense; no checks and balances on the power.  The bill does not outline any appeals process for the targeted individual.  The only stipulation is that the Secretary of State must issue a report to the Senate Committee on Foreign Relations and the House Committee on Foreign Affairs — “classified or unclassified.”  The bill does not state that either committee can reverse the secretary’s decisions.
What’s really disturbing though, is that as I was researching this bill, I came across the fact that Congress is also sneaking in a provision to the highway-bill that would allow the IRS to revoke Americans’ passports if they owe the agency $50,000. Here’s some excellent coverage on the matter from the Ron Paul Institute:
Just the other day we wrote about a US House “suspension” bill that would give the Secretary of State the authority to cancel your passport if he decided that you had “aided” an organization that he rules is terrorist. There is no definition of what “aided” means, no chance to dispute the Secretary’s decision, no trial or presentation of evidence, and in fact any evidence the government has can be classified as secret so that you may not see it. In effect the Secretary of State can unilaterally consign you to internal exile and there is nothing you can do about it.

Because Members of the US House were too cowardly to go on record voting for such an anti-American piece of legislation, the bill passed by a voice vote

Today the US Senate plans to one-up its counterparts on the lowlier side of Capitol Hill. Buried inside the US highways funding bill is a provision to revoke or deny issuance of a US passport to anyone who has a large outstanding tax debt to the US Internal Revenue Service.According to a Senate Finance Committee summary (PDF) acquired today, the measure provides for:

Revocation or denial of passport in case of certain unpaid taxes. This provision would authorize the Federal government to deny the application for a passport when an individual has more than $50,000 (indexed for inflation) of unpaid federal taxes which the IRS is collecting through enforcement action. It would also permit the Federal government to revoke a passport for such individuals. Before revocation, however, the Federal government would be allowed to limit a previously issued passport only for return travel to the United States or to issue a limited passport that only permits return travel to the United States. The provision would be effective on January 1, 2016, and is estimated to raise $0.398 billion over 10 years.As can be seen from the summary, this measure threatening to imprison Americans within (or outside) US borders is simply viewed as a means by which to raise revenue. The hoped-for increase in revenue coming from this threat is considered an “offset” to the money being spent on the highway bill — in other words the threat to imprison US citizens within their own country or freeze them out is considered appropriate incentive to force them to pay what the government claims it is owed. 

Unconvinced that the US government would do such a thing? Check the bill coming to the Senate Floor. Section 52102 of the Highway Funding bill, to be taken up by the Senate today,  states:

If the Secretary receives certification by the Commissioner of Internal Revenue that any individual has a seriously delinquent tax debt in an amount in excess of $50,000, the Secretary shall transmit such certification to the Secretary of State for action with respect to denial, revocation, or limitation of a passport pursuant to section 52102(d) of the Transportation Funding Act of 2015.

The use of citizenship rights as a weapon against Americans is becoming increasingly common as Washington is ever more desperate for control of its passport holders.
Indeed, Congress does seem rather obsessed in creating various loopholes by which the government can snatch American citizens’ passports and restrict travel without due process. It makes you wonder if Ron Paul was right in 2011 when he stated: “Border Fence Will Be Used To ‘Keep Us In'”



Credit to Zero Hedge

PEGIDA IS BACK! Angry German protesters in Dresden march against Islamization

 

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pegida-logoPEGIDA, the anti-Muslim immigration movement that first formed in the eastern city of Dresden late last year attracting tens of thousands of protesters, appears to have found a new focus: Government takeover of public parks to build tent city shelters for thousands of Muslim illegal aliens and potential jihadists.

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Global Handelsblatt  PEGIDA (Patriotic Europeans Against the Islamization of the West) is gaining new support from German citizens opposed to the dumping of North African and Middle Eastern Muslim economic parasites and potential terrorists in the middle of their city by the Merkel government that seems to be punishing them for their massive anti-Islam protests earlier in the year.

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At the height of the movement’s notoriety, back in January, more than 25,000 protestors regularly attended the marches, which also spread to some other German cities.

There has been a surge of refugees including ISIS terrorists disguised as refugees flooding into Europe seeking shelter from conflict in Africa and the Middle East and Germany has become one of the most popular destinations. 

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The country registered more than 200,000 Muslim asylum applications in 2014, a figure that is expected to double to over 400,000 this year.

The increase has been accompanied by anti-Muslim illegals violence, with frequent attacks on asylum shelters across the country. 

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In the first half of 2015, police reported 202 attacks on refugee housing, already more than the 198 incidents recorded in total for 2014. Saxony has also seen a number of incidents in recent weeks.

The construction of a tented camp for 2,000 refugees in Dresden has sparked PEGIDA members’ rage. Attacks on emergency workers, counter-demonstrators and still unoccupied asylum facilities have taken place daily since the camp was set up on Bremer Strasse.


Credit  to bare naked islam

The Surveillance State Goes Mainstream: Windows 10 Is Watching (& Logging) Everything



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If Edward Snowden's patriotic exposure of all things 'super secret surveillance state' in America were not enough, Newsweek reports that, as 10s of millions of hungry PC users download the free upgrade, Windows 10 is watching - and logging and sharing - everything users do... and we mean everything.
Windows 10 should be renamed to Spyware OS https://jonathan.porta.codes/2015/07/30/windows-10-seems-to-have-some-scary-privacy-defaults/ 
From the moment an account is created, Microsoft begins watching. The company saves customers' basic information - name, contact details, passwords, demographic data and credit card specifics - but it also digs a bit deeper... and finding answers is not easy, as one privacy expert exclaimed, "there is no world in which 45 pages of policy documents and opt-out settings split across 13 different Settings screens and an external website constitutes 'real transparency'."

More than 14 million devices are already running Microsoft’s Windows 10 after its global launch on Wednesday, but it’s unclear how many of their users read the company’s Privacy Policy and Service Agreement before downloading. Tucked away in the 45 pages’ worth of terms and conditions (effective August 1) is a substantial power grab:The company is collecting data on much of what you do while using its new software.

From the moment an account is created, Microsoft begins watching. The company saves customers’ basic information - name, contact details, passwords, demographic data and credit card specifics - but it also digs a bit deeper.

Other information Microsoft saves includes Bing search queries and conversations with the new digital personal assistant Cortana; contents of private communications such as email; websites and apps visited (including features accessed and length of time used); and contents of private folders. Furthermore, “your typed and handwritten words are collected,” the Privacy Statement says, which many online observers liken to a keylogger. Microsoft says they collect the information “to provide you a personalized user dictionary, help you type and write on your device with better character recognition, and provide you with text suggestions as you type or write.”

All this information doesn’t necessarily remain with just Microsoft. The company says it uses the data collected for three purposes: to provide and improve its services; to send customers personalized promotions; and to display targeted advertising, which sometimes requires the information be shared with third parties.

Though possibly surprising to some, the company’s data collection practices fit within the industry’s new normal.

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Also like its competitors, Microsoft says it will disclose content of private communications or files in saved documents to “respond to valid legal process.” In the company’s latest bi-annual transparency report released in late March, it disclosed that of the 31,002 government requests for information received between June and December 2014, it disclosed content of personal communications in 3.36 percent of cases and non-content data in 73.17 percent.

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Microsoft didn’t respond to requests for comment about specifics of the privacy terms, but in a blog post introducing them, Microsoft’s deputy general counsel, Horacio Gutierrez, calls the Privacy Statement a “straightforward resource for understanding Microsoft’s commitments for protecting individual privacy.” Alex Meer of the gaming website Rock Paper Shotgun countered, “There is no world in which 45 pages of policy documents and opt-out settings split across 13 different Settings screens and an external website constitutes ‘real transparency’.”
Credit to Zero Hedge








As China Admits It Lied About Its Local Debt Levels, Local Billionaires Are Quietly Liquidating Their Assets

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It was almost exactly two years ago, when during China's long-forgotten attempt to actively deleverage its economy (remember that? good times...) we commented on the country's s first attempt to estimate what its local government debt is since June 2011.
This is what we said in July 2013:
"China is preparing to admit that the level of problem Local Government Financing Vehicle debt is double what was first reported just two years ago, something many suspected but few dared to voice in the open. But not only that: since the likely level of Non-Performing Loans (i.e., bad debt) within the LGFV universe has long been suspected to be in 30% range, a doubling of the official figure will also mean a doubling of the bad debt notional up to a stunning and nosebleed-inducing $1 trillion, or roughly 15% of China's goal-seeked GDP! We wish the local banks the best of luck as they scramble to find the hundreds of billions in capital to fill what is about to emerge as the biggest non-Lehman solvency hole in financial history (without the benefit of a Federal Reserve bailout that is)."
Not at all surprisingly, after conducting the goalseeked "exercise" of estimating its local government debt, the final number was well below the worst case or even average scenario, while the level of NPLs was at a very leisurely pace around 1% of total.
We promptly accused China of doing what it does best: fabricate the data, but since the housing bubble was still raging (it has since burst), and the stock market bubble (which also popped a month ago) was yet to be unveiled, few cared. Furthermore, in early 2015 China unveiled an LTRO-type plan in which in would swap out maturing local government debt with long maturities, thus hoping to firmly shove the problem with unsustainable local government debt under the rug for the (un)forseeable future.
Then overnight something unexpected happened: Sheng Songcheng, the director of the statistics division of the People's Bank of China (PBOC), was quoted by the National Business Daily on Saturday whereby he essentially admitted China had been lying about not only its local debt exposure but the level of NPLs across the economy.
Quoted by Reuters, Sheng said that "downward pressure on China's economy will persist in the second half of the year as growth in infrastructure spending and exports is unlikely to pick up." 
He said that Chinese companies are not optimistic about business prospects according to the central bank's second-quarter survey, and that :pressured by uneven domestic and export demand, cooling investment and factory overcapacity, China's economic growth is expected to slow to around 7 percent this year, the lowest in a quarter of a century, from 7.4 percent in 2014." The Chinese GDP reality, of course, as noted here before is somehere in the 1-3% range, and based on such more credible metrics as industrial production and electricity usage, it may even be negative.
The punchline: Sheng warned about the risks of local government debt, saying that 2 trillion yuan ($322.08 billion) in bond swaps may not be able to fully cover maturing debt, according to the report.
What he really said, as paraphrased by Bloomberg, is that "local governments tended to not report all their debts when audited in June 2013, thus the 2 trillion yuan debt swap plan arranged this year may not cover all debts due, Sheng cited as saying."
Oops.
In other words, because the local governments lied (and Beijing had no idea, none at all this was happening) China will have no choice but to engage in an even more active bailouts.
That's not all: as a result of China's various bubbles bursting, the biggest problem with the nearly $30 trillion financial system in the world's most populous country is sttarting to be revealed: its non-performing loans, i.e, the level of bad debt. According to Sheng outstanding bad loans and NPL ratio at banks rose in 1H; banks’ profit growth slowed, Sheng cited as saying. NPL ratio reached 1.87% as of end-June, report cites Sheng as saying, without specifying which banks he refers to.
And if China is admitting a NPLs ratio of 1.87%, then the real print is probably 4-5x greater. Which means that on a system with $26 trillion in deposits, approximately $3 trillion in loans is non-performing. Or about half the market cap of Chinese stocks, and a third of Chinese GDP.
Is the problem starting to become clear? It is to some, particularly China's wealthiest. 
WSJ reports that having glimpsed what is coming over the horizon, China's wealthiest are quietly starting to dumb their holdings to the greatest fools: "A property developer backed by Hong Kong billionaire Li Ka-shing has put an office and retail property project in Shanghai up for sale, according to two people familiar with the matter. A sale would mark the latest China property divestment by the investor, one of Asia’s richest, who is closely watched for signs of how he sees markets shifting."
This is not the first time Ka-Shing has cashed out in recent months:
In June, Mr. Li’s Cheung Kong Property Holdings Ltd. put up for sale Century Link and Century Link Tower, a shopping mall and twin office towers currently under construction in the Pudong Lujiazui area, said people briefed on details of the offer. A Cheung Kong spokeswoman didn’t respond to requests on Sunday for comment.
Or just before the market crashed. And then more previously:
Over the past two years, companies backed by Mr. Li and his family have sold five office and shopping mall projects in Shanghai, Beijing, Nanjing and Guangzhou. Many investors eye moves by his companies for hints on the tycoon’s view of the property market.

His companies, including Hutchison Whampoa and ARA Asset Management Ltd., have been offloading their real-estate assets as China’s economy decelerates to its slowest growth in more than two decades.
It remains to be seen who will buy what Ka-Shing is selling: if indeed the public mood is determined by his marginal trading activity, only the government will be bold enough to acquire his assets now that he has entered a liquidation phase, especially since the asking price of just one commercial project is about $2.6 billion.
The asking price is around 60,000 yuan per square meter, the people said. According to Cheung Kong Property’s website, the shopping mall and office project occupies a total of about 269,000 square meters, which would bring the total asking price to more than 16 billion yuan ($2.6 billion).



To sum up: misrepresentations about local government debt, lies about bad debt levels, and now, the wealthiest locals are quietly, slowly getting out of Dodge, er, China. We can only hope that China's desperate attempt to hold up its stock market, the final frontier before all confidence in China crumbles alongside, lasts a few months longer, or the great Chinese hard landing that has been discussed for years, and always delayed in the last moment, is now virttually inevitable.

Credit to zero Hedge

Sunday, August 2, 2015

Chris Martenson-$40 Trillion Lost in Next Crash

The Extinction of Markets

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China's four-week-long stock market rout wiped out nearly 30% off the Shanghai Composite Index since its highs of June. To stem those losses the Chinese government has formulated an interesting hypothesis: stocks won’t go down if you ban sell orders.

Working off this proposition Beijing has ordered shareholders with more than a 5% interest to stop selling shares; directors, supervisors, and senior management personnel are also barred from reducing their holdings.

China has also launched investigations on those it believes engaged in malicious short selling. The threat of imprisonment has proved an effective deterrent to those who may have been contemplating a short in the Chinese markets.

And even if you don’t fall into either of the above categories of sellers you still will have trouble getting your money out of shares because two thirds of the stocks on the exchange have been halted.

It should come as no surprise that the Communist government of China has fallen off the free market wagon. After all, the government is of the belief that economies grow by building empty cities. So why shouldn’t they think markets work best when not allowing participants to sell?

The reaction on Wall Street has been just as alarming. Deutsche Bank and Bank of America Merrill Lynch have applauded the Chinese governments for doing everything necessary to keep the bubble afloat.

But Wall Street’s counterintuitive and ironic bullishness on China is most evident in the powerhouse investment firm Goldman Sachs. Goldman is urging investors to buy stock in China right now!

In Observing 40 years of statistical history the Goldman team in China believes “…the market is currently experiencing a standard bull market correction, not a transition into a bear market.” This is eerily reminiscent of the Wall Street models that concluded housing prices could never go down on a national basis.

First, I would like to know how anyone could get forty years of honest and consistent data from China. Then tell me where else in that forty year history of data did China expand its debt by $20 trillion dollars in the space of just eight years, as they have today?

Statistical analysis such as this can offer a complement to fundamental analysis in making market predictions. However, this assumes the exchanges where China trades equities bears any resemblance to a market.

A market is a place where a multitude of buyers and sellers freely meet and price is discovered. What China has now created is a roach motel where money moves in but it can’t easily move out—if at all. Therefore, all technical and fundamental analysis goes out the door. And those who choose to participate in this charade are left waiting for Beijing’s next decision on how to direct the market move.

This is the antithesis of capitalism and how free markets work. That’s why it should be shocking to see Wall Street, the supposed bastion of capitalism, embrace such measures. But the sad truth is there are no free markets left in this world, and it’s becoming increasingly evident that most on Wall Street prefer it that way. We have grown so accustomed to market manipulations that we have completely lost sight of how the free market is supposed to function.

In this new market dystopia stocks never go down, companies never fail and countries never default on their debt--central banks just print all the problems away. And where counterfeiting money and lowering interest rates doesn’t solve the problem, governments are trying to demonstrate that market regulations will lead to success.

We can all sleep well knowing that a small group of plutocrats who now control the global economy will make everything turn out right. Genuine market analysis has been supplanted by the need to parse the words of statements from central bankers like students at a bible meeting.

And when you really think about it, why bother analyzing their words anyway. Central bankers don’t understand how markets and economies work; all they have shown the proclivity to do is print more money. So we can all continue in our dystopian slumber.

But the victory over command and control economies by free markets has been decided long ago. However, these hard-fought lessons seem to have been too easily forgotten. Even the Pope has joined on the Capitalist bashing band wagon. Referring to it as ideological idolatry which leads to wage slavery, vast communal dislocation and commodity-market driven hunger. But perhaps he should take a drive on the Pope mobile down the streets of Cuba or Venezuela to witness the living standards of the poor that exist without the “ideological idolatry” of Capitalism.

The truth is there is no place where people live better than in a free market Capitalist economy. And it is only when you stray from this model, as we have for the past seven years, that you see the spread between the rich and poor blow out.

Freedom should have vanquished Egalitarianism forever with the fall of the Soviet Union in 1991. But if those at Goldman still see the merit of investing in a tyrannical command and control economy, perhaps North Korea is the next logical investment to make. I am sure Kim Jong-un has a bridge to nowhere he would be happy to sell them.

Nevertheless, economic freedom and prosperity is rapidly being replaced by markets that are driven by the edicts from autocrats, which is leading to the evisceration of the middle class. People have willingly abandoned most of their freedoms. Why? Because they have been dumbed down dramatically. How else could they have handed over the markets, economies and, most importantly, the structure of the family to governments with such ignorance and alacrity?

The abrogation of markets leads to stagflation, economic collapse and chaos. Sadly, this is the ultimate fate of the entire developed world.
Credit to Michel Pento

Saturday, August 1, 2015

EMERGENCY BULLETIN! The New World Order Will Be Implemented September 25th!

EMERGENCY BULLETIN!

The New World Order Will Be Implemented September 25th!

The New World Currency Will Be Introduced October 20th!

We Are At the Brink of Total Worldwide Financial Collapse!

TAKE ACTION NOW!

Pastor Lindsey Williams has asked me to compile an emergency bulletin for those on his email list. The information is so important he has said: “This is probably the most important bulletin we have ever sent - This is the fulfilment of everything the Elite have ever wanted to do - It will affect every human being, worldwide - They will implement this over a period of time - The dates have now been officially set for the start of implementation.”

The New World Order Will Be Implemented In September!
 

The Roman Catholic Pope just announced when he speaks at the United Nations on the 25th September 2015 that he will issue an ENCYCLICAL – The definition of an encyclical is – A letter from the Pope sent to all Roman Catholic Bishops throughout the world. Every Roman Catholic is EXPECTED to obey. There are 1.2 billion Roman Catholics around the world.

According to Pastor Williams this means that when the Pope announces the New World Order in front of the annual gathering of world leaders on September 25th, 2015 at the United Nations just before the signing and implementation of the ‘Post-2015 Development Agenda’ that the Pope will order every Roman Catholic around the world to obey unconditionally – total obedience – including the acceptance of the Mark of the Beast when it is announced.

In the newsletter Pastor Williams issued in June it speaks about the visit of Pope Francis to the USA and what Holy See (The Vatican) is involved with in the United Nations (Global Government) and sustainable development (Agenda 21). Pastor Williams elaborates in detail in his DVD what this means in his new DVD ‘Things You Must Do Before September 15th, 2015’.

The New World Currency Will Be Introduced In October!
 

On October 20th, 2015 the International Monetary Fund will announce a new world currency. The IMF is one of the most secretive and powerful organizations in the world. They monitor the financial health of more than 188 member countries. They establish global money rules and provide “bail-out” assistance to bankrupt nations.

On October 20th, 2015 the IMF is expected to announce a reserve currency alternative to the U.S. dollar, which will send hundreds of billions of dollars moving around the world, literally overnight.

The author of the most prominent financial newsletter says, "what is about to happen will threaten your way of life whether you own an investment related to it or not. It will change everything about your normal way of life: Where you vacation, where you send your kids or grandkids to school.

We Are At the Brink of Total Worldwide Financial Collapse!

Pastor Williams has shared with me some articles that truly tell you how frightening the global situation is. He said to me “This is getting more hysterical (Dangerous) by the day. If only people knew and believed how close to disaster we are. When this blows up - There has never been anything like it in the history of mankind.” Pastor Williams tried to tell you repeatedly for nearly 40 years!
  • Euro-Zone Financial Armageddon: The combined Greek, Italian, Portugal and Spain euro debt represents $120 trillion of derivative debt aka I.O.U.s between banks and the ECB has no cash or liquidity in the system only derivative debt that compounds every day.
  • The BIS Nightmare That Will Send The World Into Panic: The derivative position of US banks for Q1 2015 has just been published and the reading is more frightening than ever. The top 5 US banks have total a derivative exposure of $247 trillion. This is 3.5 times world GDP. Total derivatives for all banks in the world are just over $600 trillion. But these figures are less than half of the real exposure. A few years ago the BIS in Basel changed the basis of valuation of derivatives to “Value to Maturity.” This basically halved the value of outstanding derivatives overnight. Based on the old and proper valuation, the total outstanding today would probably be at least $1.5 quadrillion. And remember, when a counterparty fails, notional value is the real value that will be lost. It is absolutely guaranteed that this $1.5 quadrillion will implode in the next few years and drag the whole financial system with it. But before that process has finished, central banks worldwide will print a few quadrillion dollars, euros and yen in their desperate attempt. Pastor Williams Wall Street Insider friend said the following about this article “Thanks—good update. You’ve warned about this for years. This is why a “little” event like Greece, or another, could unravel the system.”
  • Citigroup Just Cornered The “Precious Metals” Derivatives Market: Citigroup's Precious Metals (mostly silver now that gold is lumped in with FX), exposure over the past 4 years. Of note: the 1260% increase in Precious Metals derivative holdings in the past quarter, from just $3.9 billion to $53 billion! Soaring from just 17.4% to over 70%, there is just one word for what Citigroup has done to what the Precious Metals (excluding gold) – Cornering! Pastor Williams said “We live in a strange world of rapidly developing events. They are preparing for something big.”
  • China Stocks Suffer Sharpest Daily Fall Since 2007 as worries mount that athorities are pulling back on measures to prop up the market. Just as Pastor Williams' Elite friend said to watch China. China is the Big One! 
  • News is coming in constantly from around the world as this newsletter was being prepared, check out these headlines: China is banning major pension fund shareholders from selling for six months. 54% of the entire Chinese stock market is frozen. Trading on the NYSE was suspended for a technical glitch with all open orders cancelled. Microsoft fires 7,800 employees. The Australian Dollar has hit a new low. Every day there is more news about the implosion of the global economy. You have to Take Action Now!


Credit to Pastor Lindsey Williams