Vatican Calls for the Establishment of World Government

The leader of the Catholic Church, Pope Benedict XVI, has called for the establishment ofWorld Government and a New World Order.

In a speech made at the Pontifical Council for Justice and Peace on Monday December 3 2012, the Pope called for the “construction of a world community, with a corresponding authority,” to serve the “common good of the human family”.

As a means of defending global peace and justice, the pope’s vision for the establishment of World Government and a New World Order is supposedly not to create a new superpower, but a new governing body that offers to those (politicians) who are responsible for making decisions, criteria for judgment and practical guidelines.

The pope was quoted as saying:

The proposed body (World Government) would not be a superpower, concentrated in the hands of a few, which would dominate all peoples, exploiting the weakest.

THE pope also described his vision as a “moral force” or moral authority that has the “power to influence in accordance with reason, that is, a participatory authority, limited by law in its jurisdiction.”

These latest remarks made by the Pope and the Catholic Church come as no surprise considering that in 2010 the Catholic Church sought the establishment of a new Central World Bank that would be responsible for regulating the global financial industry and the international money supply.

It was reported that the Vatican sought “a supranational authority” which would have worldwide scope and “universal jurisdiction” to guide and control global economic policies and decisions.

China’s new push for closer ties with Russia, the growing intrusions from the United Nations with regards to control of the internet and the latest remarks made by the catholic church all point to a new world order that will set in stone a path the world may not be able to recover from.



Globalist Report

The world's low-growth, economic disaster zone - Nigel Farage

North Korea has fired its long-range rocket

North Korea fired a long-range rocket Wednesday in its second launch under its new leader, South Korean officials said, defying warnings from the U.N. and Washington only days before South Korean presidential elections.

South Korean defense officials said the rocket was fired from a west coast launch pad but there was no immediate word if the rocket was successful. North Korea had indicated technical problems with the rocket and extended its launch window. The officials spoke on condition of anonymity, citing office rules.

North Korea's Kim Jong Un took power after his father Kim Jong Il died on Dec. 17 last year, and the launch also comes about a month before President Barack Obama is inaugurated for his second term.

The North says the Unha rocket is meant to put a satellite in orbit. A similar launch in April broke apart shortly after liftoff, and the condemnation that attempt received is likely to be repeated. Washington sees the launch as a cover for a test of technology for missiles that could be used to strike the United States.

Rocket tests are seen as crucial to advancing North Korea's nuclear weapons ambitions. North Korea is thought to have only a handful of rudimentary nuclear bombs. But Pyongyang is not yet believed capable of building warheads small enough to mount on a missile that could threaten the United States.

North Korea has spent decades trying to perfect a multistage, long-range rocket. Experts say that ballistic missiles and rockets in satellite launches share similar bodies, engines and other technology. This is the fifth attempt at a long-range launch since 1998, when Pyongyang sent a rocket hurtling over Japan. Previous launches of three-stage rockets weren't considered successful.

Washington sees North Korea's pursuit of nuclear weapons and ballistic missiles as a threat to world security and to its Asian allies, Japan and South Korea.

North Korea under new leader Kim has pledged to bolster its nuclear arsenal unless Washington scraps what Pyongyang calls a hostile policy.


Korea Joongang Daily

DITCHING BEFORE THE FISCAL CLIFF

Turn on the TV and this is what you'll hear: The US budget is heading for a fiscal cliff. If a deal isn't reaching in Congress by the end of this year, a combination of automatic tax hikes and budget cuts will sink America into economic depression. There is no escape.

Of course, my readers know that the fiscal cliff is merely an example of the piper having to be paid. The problem isn't the bill, but that we ran it up so high in the first place. Any deal to avoid the cliff by borrowing even more money may allow the piper to keep playing a while longer, but when the music finally stops, the next fiscal cliff will be that much larger.

My readers also know that there are several ways for investors to avoid the cliff altogether. Perhaps the most secure is buying precious metals. However, given what we know, it may seem confusing that the spot prices of gold and silver have been moving sideways.

However, these headline prices have largely concealed a more important indicator: physical bullion sales are booming.



An Under-the-Radar Rally

The figures are astounding. For US Gold Eagle coins, mint sales are up some 150% from the QE3 announcement on September 13th. Despite what the spot prices show, there has been a tremendous surge in people buying physical gold.

But why hasn't this translated into higher spot prices?

It seems clear that the spot prices of both gold and silver are being driven right now by a large pool of institutional capital moving into and out of instruments like commodity ETFs. The movements have been predictable: When there is a sign of a deal coming out of Washington, the spot prices move up. If negotiations are faltering, there is instead a major selloff.

Physical bullion investors are a different breed. We are in this market for the long haul. When I increase my physical gold and silver holdings, I do it because I see the long-term fundamental picture for the US getting worse.

Getting a Read on the Bullion Bull

While the ETF speculators are trying to anticipate the market's - and each other's - immediate reaction to whatever 11th hour deal is struck, I believe physical bullion investors are sending a clear signal: this whole debate is out of order.

A J.P. Morgan study concluded that 82% of the hit to GDP if we go over the fiscal cliff would be related to tax increases, not spending cuts. And if the legislators reach a deal? It will only result in more tax increases and much fewer spending cuts. These guys just don't get it.

Looking back to the debt ceiling debate of August 2011, we saw big movements into physical gold there as well. What investors are concluding as they hear these grand debates is that whatever the result, the budget, the dollar, and the taxpayer will lose.

They are deciding to get off this runaway train. Because the real fiscal cliff isn't coming on December 31st - it is coming when there is a global flight from the US dollar.

The Real Fiscal Cliff

The Democrats are complaining that the fiscal cliff imposes too steep demands on those who receive entitlements. Republicans are trying to protect the military budget. What no one seems to want to address is what happens as foreign creditors increasingly decide to stop financing this bonanza.

To a large extent, this is already happening. China has already become a net-seller of Treasuries and is diverting more of its reserves into gold. The Chinese government recently approved banks holding gold as a reserve asset and made it easier for banks to trade gold amongst themselves.

While Japan and other Keynes-drunk governments have filled some of the gap with increased purchases, a supermajority of new issues are being bought directly by the Fed. That was the idea behind QE3 Plus, as described in last month's commentary.

Because of the acute trauma in Europe and certain institutional mandates to hold Treasuries, much of this new inflation is being absorbed. This has caused what may be the most dangerous of situations. It has allowed the inflationists to paint people like me as the boy who cried wolf. It seems to them that no matter how irresponsible Congress and the Fed are, we are immune from economic consequences.

In reality, all this money printing is like pulling back a spring. Pent up inflationary forces are building, and when they are unleashed, the debate will be over faster than they can say "oops."

The Only Way to Win Is Not to Play

Those buying into physical gold and silver see this inevitability and are getting prepared. We believe there is no sense playing Russian roulette with our savings. Every time Washington raises that debt ceiling or announces another stimulus, it's like one more click of the trigger.

When the global markets finally wrap their heads around the scale of US insolvency, the response will be as fierce as it is rapid. In such a once-in-a-century scenario, physical gold and silver are among the few assets without counterparty risk. From the looks of the physical bullion sales charts, I'm not the only investor who has figured this out.



Peter Schiff is CEO and Chief Global Strategist of Euro Pacific Precious Metals.

If you would like more information about Euro Pacific Precious Metals,

US to give Israel thousands of 'bunker-buster' bombs

The Pentagon has appealed to Congress in a bid to increase the United States' military aid to Israel by $647 million, Ynet learned Tuesday.

According to a Bloomberg report, in wake of Operation Pillar of Defense, the Pentagon wants to arm the IDF with a tail kit system used to convert free-fall bombs into satellite-guided ordnance, as well as with missiles that can be mounted on F-15 and F-16 fighter jets and are capable of penetrating underground or fortified targets.

The military aid includes 1,725 JDAM tail kits together with BLU-109 bombs, also dubbed "bunker-buster" and weighing in at more than 900kg. According to the Bloomsberg report, the bombs are intended to "defeat an enemy’s most critical and hardened targets such as protected weapons storage sites, and penetrate as much as six feet of reinforced concrete."

According to Jeff White, a military analyst with the Washington Institute for Near East Policy, the aid package is partly motivated by Washington's desire to assist Israel in replenishing its munitions stockpile which was diluted following November's campaign against Gaza Strip's terror groups.



Iron Dome in action (Photo: AFP)

During the campaign , Israel dropped numerous bombs on Gaza in an attempt to halt rocket and missile fire. The IDF also targeted smuggling tunnels, rocket firing pits, weapon mills and munitions warehouses.

"Hamas and the other groups had lots of underground targets that were attacked," White said, further speculating that the additional weapons “"Could be an effort to give the Israeli Air Force a capability for more extended or more extensive air campaigns than before."

However, he was quick to add that the weapons are "Not suitable for the really deep underground facilities," but rather for command posts, shelters and air defense facilities.

Kenneth Katzman, a Middle East analyst for the Congressional Research Service, said that the move "Does not appear intended to transfer any new capability that Israel could use against the most hardened sites of Iran’s nuclear program," located deep underground under many layers of fortified concrete.

YNET

Iran congratulates North Korea on rocket launch

Iran: Iran congratulated North Korea on Wednesday for its "successful" launch of a long-range rocket, an incident which provoked global condemnation, and denied having a role in preparing the launch.

Tehran "congratulates the people and the government" of North Korea on "the successful launching of the satellite-carrying rocket," Iran's armed forces deputy chief, Brigadier General Masoud Jazayeri, told the Fars news agency.

"Dominant powers, like the United States, cannot halt the progress of independent states, who through resistance can quickly tread the path of scientific and technological self-reliance," he said.

North Korea said Wednesday's launch had successfully put a scientific satellite in orbit, and insisted that the mission was not an intercontinental missile test banned under UN Security Council sanctions.

The United States and its allies reacted angrily, and even China expressed "regret" at the launch by its wayward communist ally.

Jazayeri's comments came two days after a South Korean newspaper reported a number of Iranian missile experts were in North Korea offering technical assistance for the launch.
The report was immediately denied by Iran's foreign ministry.

The defence ministry also issued a statement on Wednesday, vehemently denying its experts were in North Korea and denying that they "cooperated in the launch of a ballistic missile."
Pyongyang and Tehran are both under UN Security Council sanctions for their ballistic missile and nuclear programmes.

Earlier this month, a Western diplomatic source claimed Iran had stationed defence personnel in North Korea since October to strengthen cooperation in missile and nuclear development.

A 2011 UN sanctions report said Tehran and Pyongyang were suspected of sharing ballistic missile technology.

Times of Oman

List of currently active volcanoes

Europe and Atlantic Ocean:   Stromboli (Eolian Islands, Italy)   Etna (Sicily, Italy)   Campi Flegrei (Phlegrean Fields)(Italy)   El Hierro (Canary Islands, Spain) Iceland:   Tjörnes Fracture Zone (North of Iceland)   Kverkfjöll (Eastern Iceland)   Katla (Southern Iceland)   Askja (Central Iceland)   Hekla (Iceland)   Krísuvík(Southwestern Iceland)   Brennisteinsfjöll(Reykjanes Peninsula, SW Iceland) Africa and Indian Ocean:   Ol Doinyo Lengai(Tanzania)   Erta Ale (Ethiopia)   Nyiragongo(DRCongo)   Heard (Australia, Southern Indian Ocean)   Nyamuragira(DRCongo)   Nabro (Eritrea)   Piton de la Fournaise (La Réunion) Indonesia:   Lokon-Empung(North Sulawesi, Indonesia)   Gamalama(Halmahera, Indonesia)   Paluweh (Lesser Sunda Islands, Indonesia)   Raung (East Java, Indonesia)   Semeru (East Java, Indonesia)   Batu Tara (Sunda Islands, Indonesia)   Karangetang (Siau Island, Sangihe Islands, Indonesia)   Dukono (Halmahera, Indonesia)   Ibu (Halmahera, Indonesia)   Soputan (North Sulawesi, Indonesia)   Krakatau (Sunda Strait, Indonesia)   Marapi (Western Sumatra, Indonesia)   Gamkonora(Halmahera, Indonesia)   Tondano (North Sulawesi & Sangihe Islands, Indonesia)   Lewotobi (Flores, Indonesia)   Sirung (Pantar Island, Indonesia )   Rinjani (Lombok, Indonesia)   Sangeang Api(Indonesia)   Ijen (East Java, Indonesia)   Bromo (East Java, Indonesia)   Merapi (Central Java, Indonesia)   Papandayan (West Java, Indonesia)   Talang (Sumatra, Indonesia)   Slamet (Central Java, Indonesia)   Sinabung (Sumatra, Indonesia)   Kerinci (Sumatra, Indonesia)

Aleutians, Alaska and North America:   Cleveland (Alaska)   Iliamna (Cook Inlet (SW Alaska))   Little Sitkin(Western Aleutian Islands)   Yellowstone(Wyoming, USA)   South Sister(Oregon) Central America and Carribean:   Santa María / Santiaguito(Guatemala)   Fuego (Guatemala)   Poas (Costa Rica)   Popocatépetl(Central Mexico)   Soufriere Hills(Montserrat, West Indies (UK))   Rincón de la Vieja(Costa Rica)   Turrialba (Costa Rica)   Irazu (Costa Rica)   Pacaya (Guatemala)   San Salvador (El Salvador)   San Miguel (El Salvador)   San Cristobal(Nicaragua)   Telica (Nicaragua)   Apoyeque(Nicaragua)   Masaya (Nicaragua)   Concepción(Nicaragua)   Arenal (Costa Rica) South America:   Reventador(Ecuador)   Nevado del Ruiz(Colombia)   Galeras (Colombia)   Villarrica (Central Chile and Argentina, South America)   Sangay (Ecuador)   Ubinas (Peru)   Tungurahua(Ecuador)   Machin (Colombia)   Nevado del Huila(Colombia)   Sotará (Colombia)   Cumbal (Colombia)   Cuicocha (Ecuador)   Reclus (Southern Chile and Argentina, South America)   Chaitén (Southern Chile and Argentina, South America)   Puntiagudo-Cordón Cenizos (Central Chile and Argentina, South America)   Copahue(Chile/Argentina border)   San Pedro-Pellado(Central Chile and Argentina, South America)   Chiliques (Northern Chile, Bolivia and Argentina, South America)   El Misti (Peru) Other regions:   Erebus (Antarctica)   Michael (United Kingdom, South Sandwich Is)   Siple (Marie Byrd Land, Western Antarctica)

Pacific Ocean:   Kilauea (Hawai'i)   Ulawun (New Britain, Papua New Guinea)   Manam (Papua New Guinea)   Yasur (Tanna Island, Vanuatu)   Ambrym (Vanuatu )   Santiago (Galápagos Islands, Ecuador)   Bagana(Bougainville Island, Papua New Guinea)   Langila (New Britain, Papua New Guinea)   Tinakula (Santa Cruz Islands, Solomon Islands)   Mauna Loa (Big Island, Hawai'i)   Loihi (United States, Hawaiian Islands)   Pagan (Mariana Islands)   Lamington (New Guinea, Papua New Guinea)   Karkar (Northeast of New Guinea, Papua New Guinea)   Rabaul (Tavurvur)(New Britain, Papua New Guinea)   Ruapehu (North Island, New Zealand)   Tongariro (North Island, New Zealand)   White Island (New Zealand)   Havre Seamount(Kermandec Islands)   Monowai(Kermandec Islands, New Zealand)   Gaua (Vanuatu ) Ring of Fire (Kurile Islands to Philippines):   Shiveluch(Kamchatka)   Tolbachik(Kamchatka, Russia)   Kizimen (Eastern Kamchatka (Russia))   Sakurajima(Kyushu, Japan)   Kliuchevskoi(Kamchatka)   Karymsky(Kamchatka)   Chirpoi (Kurile Islands, Russia)   Aso (Kyushu, Japan)   Kirishima (Kyushu, Japan)   Suwanose-jima(Ryukyu Islands, Japan)   Iwo-jima (Volcano Islands, Japan)   Bezymianny(Central Kamchatka Depression, Kamchatka)   Gorely (Southern Kamchatka)   Alaid (Northern Kuriles, Kuril Islands)   Tiatia (Kunashir Island, Kuril Islands)   Mt Fuji (Honshu, Japan)   Kuchinoerabu-jima(Ryukyu Islands, Japan)   Taal (Luzon, Philippines)   Mayon (Luzon Island, Philippines)

 =major eruption  =erupting  =minor activity / eruption warning  =unrest