Category Archives: Financial

Occult Banking: Origins of Double-Entry Bookkeeping & Money Creation [Audio]

Red Ice Radio – Colin McKay is an Australian born entrepreneur living in New South Wales. From 2010-2014 he blogged on finance, economics, and Australian politics and in 2010 he served as board member and bookkeeper for the Center for Economic Stability. In 2011 he presented his own concept for Deror, an alternate currency ecosystem where “everyone is their own central banker.” McKay blogs at Psalmistice.com and is presently writing a book tracing the foundations of double-entry accounting to ancient Semitic cults.

Colin is with us to provide a detailed overview of his essay “The Money Shot: Even Banking Is All About Sex,” which presents the history and mechanisms of el modo vinegia (“the Venetian method”) of double-entry bookkeeping. He explains how this Hermetic-Kabbalist system for calculating debts that was formalized during the early Renaissance period has been used for deliberately concealing the immoral practice of usury in the banking system.

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Hotel California? It’s The Federal Reserve

debtGary Christenson – In 1977 the Eagles spoke to us about “Hotel California.”  Lyrics are here.

A few lines from the song …

“On a dark desert highway, cool wind in my hair…
Up ahead in the distance I saw a shimmering light…
Then I was thinking to myself this could be Heaven or this could be Hell…
Welcome to the Hotel California…

Some dance to remember, some dance to forget…
They’re living it up at the Hotel California…

We are all just prisoners here of our own device…
They stab it with their steely knives but they just can’t kill the beast…
Relax, said the night man, We are programmed to receive,
You can check out any time you like but you can never leave.”

The lyrics remind me of the Federal Reserve.  Call it the “Hotel Marriner Eccles.”

The above lines have been modified for the hypothetical “Hotel Marriner Eccles:”

“On a dark digital highway, QE rewarding my pals…
Up ahead in the distance I saw a burning pyre of debt…
I was thinking to myself this should be Heaven but it’s actually Hell…

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America’s Entitled (and Doomed) Upper Middle Class

middle classCharles Hugh Smith – Two recent articles describe America’s entitled (and doomed) upper middle class: the top 5% of households with incomes above $206,500 annually and individuals with incomes of $160,000 or higher annually. (source: Historical Income Tables: Households Census.gov)

The first describes how businesses are responding to the new Gilded Age in which spending by the top 5% has pulled away from the stagnating bottom 95%:

In an Age of Privilege, Not Everyone Is in the Same Boat Companies are becoming adept at identifying wealthy customers and marketing to them, creating a money-based caste system.

With disparities in wealth greater than at any time since the Gilded Age, the gap is widening between the highly affluent — who find themselves behind the velvet ropes of today’s economy — and everyone else.

The Haven’s 95 staterooms were located so high up in the forward part of the ship that even guests in comparatively expensive staterooms might remain unaware of its existence. Depending on the season, a room in the Haven might cost a couple $10,000 for a weeklong cruise vs. $3,000 for an ordinary stateroom elsewhere on the ship.

Since the late 1990s, however, “there has been a huge evolution, maybe a revolution in attitudes,” Mr. Goldstein said. In addition to larger rooms or softer sheets, big spenders want to be coddled nowadays. “They are looking for constant validation that they are a higher-value customer,” he said. For example, room service requests from Royal Suite occupants are automatically routed to a number different from the one used by regular passengers, who get slower, less personalized service.

With a week in a top Royal Suite costing upward of $30,000, compared with $4,000 for an ordinary cabin, the focus is on “very affluent travelers, and we have no trouble filling these rooms,” Mr. Bayley said. Continue reading

Dollar Selling Panic Coming [Video]

WilliamsGreg Hunter – Economist John Williams has long predicted the $16 trillion in U.S. dollar assets held outside of America will be sold in a panic. The time draws near for that scenario to unfold, and Williams explains, “When people start selling the dollar, or dollar denominated assets, you will see the value of the asset plunge.  We have had a remarkable rally in the dollar since mid-2014, and it is up over 30%.

It is going to be going down by more than that, and we are going to be headed to new lows.  We have the waffling of the Fed and the beginnings of the perception that the economy is in serious trouble, which generally would be negative for the dollar.  We have started to see selling pressure on the dollar.  It has been inching lower.  It’s down year to year now. . . . The selling is going to intensify, not only with large central banks, but with corporations that will be beginning to dump their Treasury holdings. . . . Nobody wants to be the last one out the door when you have a panic like this.  It’s not a panic yet, but the potential certainly is there.”

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Mining Shares Skyrocket – Gold & Silver Rise [Audio]

SGT Report – Max Porterfield, The CEO and President of Callinex Mines joins me live from London where he took a break from a precious metals conference to join us – we discuss the gold and silver market, cartel manipulation laid bare and the skyrocketing price rise of precious metals mining shares. Thanks for tuning in!

SF Source SGTreport.com  Apr 2016

Good News, Bad News, Both Favor Gold And Silver

Michael Noonan – First, the good news and taking a moment to celebrate the recent unstoppable rally in both gold and silver where, as has been expected, silver is outperforming gold.  While we have stayed clear of paper futures from the long side, over the past few years, almost each and every week we have continued our mantra of buying and accumulating the physical metal. It is beginning to pay off, especially for purchases made throughout last year and this one.

This is not yet a victory lap, for the market remains in its transitioning phase, but  the faithful, for what has always been considered the only true form of money: gold and silver, can relax more and shed the deer-in-the-headlights look after seeing both pummeled to the downside so relentlessly over the past several years by the money changers.

In the battle being waged between Truth [physical gold and silver] and Lies [all paper contracts], the indestructible PMs will always prevail, and the time is nearing.  On Thursday, at the peak of the rally, and during yet another Draghi lie called a press conference, “someone” dumped over $2 billion in paper gold onto the market.  That is 16,000 paper contracts, with emphasis on paper contracts for it sure was not physical gold that was being dumped.  For silver, around 7,500 contracts were sold at the same time.

How much more blatant can the central bankers be?  How much more will be the effect of such stupidity?  Holders of the physical know very well what is being “sold” is useless paper, not the real metal, and as with QE-t0-infinity, bankers have pretty much run out of “fixes.”  These are definite signs of the end game for PMs suppression.

While the Less Is More philosophy works well in the real world, more dumping of central bank paper is having less effect on the real market.  Where the drinking of kool aid by the Jones cult led to the death of all 900 followers in Jonestown in 1978, those who currently continue to follow and “swallow” the globalist’s paper kool aid currency will also die a financial death, of sorts.

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