- Gold manipulation declassified… the Bank for International Settlements exposed…
- QEternity and Beyond… our chart guy says it’s coming again, soon…
- Breakfast with bankers… financial war games… and what you should do now…
- Prophecy 2015… “Cut the BS!”… a word cloud… President Obama’s real objective in Syria… and more!
Global gold demand remains weak this morning. Gold was languishing at $1,215 at press time. That’s an eight-month low.
“Gold manipulation is now so obvious the manipulators should be embarrassed,” says our man on the inside. “I’ve seen some private research on this.” He goes into some extraordinary detail, too: . . .
“And what that tells you,” he concludes, “is that the Comex is being manipulated, and the price is being suppressed… so this is a smoking gun.
“A lot of the manipulation’s actually being done by governments,” he adds. “We know this because they operate through something called the BIS. That’s the Bank for International Settlements (BIS), based in Basel, Switzerland.”
The BIS has a shady past. One they haven’t divorced themselves from. “If you read the footnotes to their annual financial statements… they say they conduct gold sale and leasing transactions on behalf of central banks and commercial banks.
“I’ve actually uncovered some formerly classified documents that have been declassified from the 1970s,” our insider continues. “I’ve got some of these from the Gerald R. Ford Presidential Library that are explicit. Letters from the president of the United States to the chancellor of Germany saying, ‘Hey, we want you guys not to buy any gold because we want to keep the price down.'”
What exactly those documents say is . . [Ed. note: We’ll reveal juiciest parts when our man is ready… not a minute before.]
Yesterday, we observed that QE5 could be right around the corner in 2015… our chart guru, Jonas Elmerraji, sent us an email yesterday that indicated it might be much sooner.
Check this out:
Jonas told us, “Put simply, forward inflation is currently the lowest it’s been since Janet Yellen took the helm of the Federal Reserve — and our ‘QE meter’ is currently the lowest it’s been without some kind of Fed intervention. In fact, we’re currently just 18 basis points above the ‘oh sh*t line’ that predicated QE1, QE2 and Operation Twist. Post-2008, forward inflation hasn’t fallen below that 2.2% line without a major Fed QE program. And we’re closer now than we’ve been in quite some time.
“This all speaks to the Fed’s crippling fear of deflation — that’s their incentive for giving the economy a shot in the arm every time the line starts dropping. Like most drug addictions, you can see from the chart how the effects have decreased with each successive high. In 2013, the Fed started playing with PR announcements as an alternative to actual QE programs because, well, talk is cheap and QE isn’t. Again, the chart shows that those efforts are less effective each time they’re tried.”
“QE5 could conceivably hit earlier than 2015 if that line continues to fall. Whether they’ll call it that is a PR question. But QE by any other name would smell just as sweet for equity investors.”
The short version: Looks like QEternity is happening after all. The Fed’s QE teasing is not boosting the inflation rate like it wants, and inflation is falling to 2009 levels… expect a reversal of their “no more QE” announcement last week, possibly before the end of the year.
“I actually had breakfast with some of the leading private equity investors and CEOs,” tells us. “Privately, they’ll say, ‘Look, the , cost of funds is very close to zero. They’ve got more leverage than they’ve ever had. The U.S. inner stock exchange has .’ So it looks good but this is a bubble being supported by zero interest rates, high leverage.”
“We all know what happens. They will collapse sooner than later.”
has some valuable information that shows when, why and how this situation will unravel…
“China and Russia Reportedly Plan to Build One of the Largest Seaports in North Asia,” blares a headline from Business Insider.
The report continues:
“The seaport is expected to be able to handle some 60 million tonnes of cargo a year, China’s state-run People’s Daily Online reported late Wednesday — comparable to Britain’s busiest port Immingham or Le Havre in France.
“The new facility will be located in far eastern Russia, just 18 kilometers (11 miles) away from the Chinese border. The region is also close to North Korea…
“Resource-hungry China is seeking to diversify its sources of energy amid booming domestic consumption, while Russia — at odds with the West over its annexation of Ukraine’s Crimea peninsula — is seeking to refocus its gas and oil exports toward Asia.”
The two countries are also working on a massive oil pipeline together. That’s something Vladimir Putin is apparently really excited about. “We are today starting the biggest construction project in the world,” he exclaimed.
This, of course, is only part of a larger plan to reduce dependency on the West and marginalize the U.S dollar, our source says.
Our source tells us about a secret financial war game conducted by the Pentagon at a top-secret weapons laboratory outside of Washington, D.C., some years back.
“I was one of the planners and facilitators, and I got to participate in the war game. We cooked up a plan whereby Russia and China would pool their gold in a U.K. bank with a Swiss vault and issue a new currency backed by gold and say, ‘Henceforth, any Russian energy exports or Chinese manufactured goods exports can only be paid for in the new currency. And if you want some, you have to deposit your gold, and the bank will give you some of the currency.’
“In other words, it was a way to turn your back on the dollar and dethrone the dollar as the global reserve currency. So that was something we did in 2009, and frankly, some of the other people there, some of the Harvard types, said, ‘That’s ridiculous.'”
“But in fact, what has happened since then? Since we did that war game in 2009, Russia has increased its gold reserves 70%. China has increased its gold reserves several hundred percent. No one knows the exact number, but clearly two or three or four times what they say they have.
“And it was recently disclosed that in 2008, during the financial crisis, Russia called China and suggested coordinating, dumping their stock and bonds and Fannie Mae to make the financial crisis worse. This was actually disclosed by Hank Paulson who was Treasury secretary at the time, in an interview he gave… to the BBC.
“So here we have all the evidence of what we talked about… China and Russia coordinating their efforts to the detriment of the United States and the U.S. dollar. These are all documented facts. When we said it in 2009, people laughed at us, but since then, it’s all played out.”
He warns that this is just the beginning. China and Russia have more planned than they will ever let on…
French vegetable farmers have apparently had enough.
“Hundreds of tractors and trailers… converged on Friday evening before the building of the Agricultural Social Insurance (MSA) in the town of Morlaix (Brittany),” reports Martin Armstrong at his Armstrong Economics blog.
The farmers dumped unsold potatoes and artichokes in front of the building, added pallets and tires, then set the entire lot on fire. Not satisfied, they moved on to the tax office set that ablaze too. Heh.
We just arrived in Paris this morning. We’re on our way to a symposium of writers in… Brittany. We’ll let you know if we run across any errant tax protests.
“I predict that my wife will continue to be a grouch in 2015,” a reader offers a forecast for Prophecy 2015. “Crazy is just a state of mind.”
Prophecy 2015 Word Cloud
The prophecies you’ve submitted could be self-fulfilling… keep ’em coming.
“You said predicts QE will resume in 2015, and that will further grow the ‘powder keg,'” forecasts another reader. “It makes us look silly waiting for things to blow up. The mice and grasshoppers are playing as though winter will never arrive.
“We exercise faith in the ‘evil’ plans of the 1%, and they just keep dragging things out as though they need more of our grandchildren’s money.
“I say, enough. Let her blow.”
“As for the revelations of _____,” says a second, “if he or she won’t be identified, they are so much BS. Either ID the man or shut up the rabble-rousing.”
The 5: So serious… so aggressive.
“Could you tell me why my recent issues have been redacted? What are those black marks doing on some of the information and news in The 5 Min. Forecast?” asks a suspicious third. “Who is doing the censoring? Any statements or answers?”
The 5: Patience, please. All will be clear at the end of the week. We’ll reveal our inside source and regale you with his back story. Once you learn his name and see what experience he’s bringing to the table, you’ll agree he’s a perfect fit to help steer the Agora Financial research unit.
“I know you are going to try to sell me something,” suspects a fourth. “Good luck. Thanks for The 5, I love it.”
Thank you,
Addison Wiggin
The 5 Min Forecast
P.S. Meanwhile, President Obama is “committing treason by arming the Islamic State,” one of our analysts suspects.
What is the president’s real plan and real objective? And why are the mainstream media missing the real story?
What you’ll find inside the presentation below could disturb you and change everything you think you know about Obama.
Most people don’t know what’s going on.
But now, a former naval flight officer with over 1,200 hours of fighter jet time has gone on video to spill the beans on this little-known program.
You’re never going to believe what he’s revealing.
It has nothing to do with stopping terrorism, beheadings or protecting American freedom.
NOTHING the mainstream media tell you about.
Instead, it has to do with a little-known Obama program we’re calling “Project AR-09.”
What’s Obama up to? And why is it so important you see this story immediately?