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Guess this corroborates Salustra's post above, in a way.

 

Swiss banker whistleblower: CIA behind Panama Papers

Eamon Javers

April 12, 2016

 

 

"Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he'd be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information that is shaking political regimes around the world.

 
Birkenfeld, an American citizen, was a banker working at UBS in Switzerland when he approached the U.S. government with information on massive amounts of tax evasion by Americans with secret accounts in Switzerland. By the end of his whistleblowing career, Birkenfeld had served more than two years in a U.S. federal prison, been awarded $104 million by the IRS for his information and shattered the foundations of more than a century of Swiss banking secrecy.
 
 
Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he'd be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information that is shaking political regimes around the world.
 
Birkenfeld, an American citizen, was a banker working at UBS in Switzerland when he approached the U.S. government with information on massive amounts of tax evasion by Americans with secret accounts in Switzerland. By the end of his whistleblowing career, Birkenfeld had served more than two years in a U.S. federal prison, been awarded $104 million by the IRS for his information and shattered the foundations of more than a century of Swiss banking secrecy.
 
In an exclusive interview Tuesday from Munich, Birkenfeld said he doesn't think the source of the 11 million documents stolen from a Panamanian law firm should automatically be considered a whistleblower like himself. Instead, he said, the hacking of the Panama City-based firm, called Mossack Fonseca, could have been done by a U.S. intelligence agency. 
 
"The CIA I'm sure is behind this, in my opinion," Birkenfeld said.  <<what I mean, by in a way
 
Birkenfeld pointed to the fact that the political uproar created by the disclosures have mainly impacted countries with tense relationships with the United States. "The very fact that we see all these names surface that are the direct quote-unquote enemies of the United States, Russia, China, Pakistan, Argentina and we don't see one U.S. name. Why is that?" Birkenfeld said. "Quite frankly, my feeling is that this is certainly an intelligence agency operation."
snip
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Olivier Blanchard eyes ugly 'end game' for Japan on debt spiral

April 11, 2016

 Ambrose Evans-Pritchard

 

"Japan is heading for a full-blown solvency crisis as the country runs out of local investors and may ultimately be forced to inflate away its debt in a desperate end-game, one of the world’s most influential economists has warned.

 
Olivier Blanchard, former chief economist at the International Monetary Fund, said zero interest rates have disguised the underlying danger posed by Japan’s public debt, likely to reach 250pc of GDP this year and spiralling upwards on an unsustainable trajectory.
 
“To our surprise, Japanese retirees have been willing to hold government debt at zero rates, but the marginal investor will soon not be a Japanese retiree,” he said.
 
Prof Blanchard said the Japanese treasury will have to tap foreign funds to plug the gap and this will prove far more costly, threatening to bring the long-feared funding crisis to a head.  
 
“If and when US hedge funds become the marginal Japanese debt, they are going to ask for a substantial spread,” he told the Telegraph, speaking at the Ambrosetti forum of world policy-makers on Lake Como.
 
Analysts say this would transform the country’s debt dynamics and kill the illusion of solvency, possibly in a sudden, non-linear fashion:
 
japan_debts_comp-large_trans++hjFNQQUQfQ

 

Japan's public debt is in uncharted waters for the world CREDIT: BLOOMBERG

 

Prof Blanchard, now at the Peterson Institute in Washington, said the Bank of Japan will come under mounting political pressure to fund the budget directly, at which point the country risks lurching from deflation to an inflationary denouement.
 
“One day the BoJ may well get a call from the finance ministry saying please think about us – it is a life or death question - and keep rates at zero for a bit longer,” he said.
 
"The risk of fiscal dominance, leading eventually to high inflation, is definitely present.   I would not be surprised if this were to happen sometime in the next five to ten years." 
 
Arguably, this is already starting to happen. The BoJ is  soaking up the entire budget deficit under Governor Haruhiko Kuroda as  he pursues quantitative easing a l’outrance.
 
The central bank owned 34.5pc of the Japanese government bond market as of February, and this is expected to reach 50pc by 2017."

snip

http://www.telegraph.co.uk/business/2016/04/11/olivier-blanchard-eyes-ugly-end-game-for-japan-on-debt-spiral/

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Monday, April 11, 2016

Benjamin Fulford April 12, 2016 Federal Reserve Board and US dollar will be hit by financial Armageddon if Asian gold offer refused
  Source: benjaminfulford.net
"The Asian Dragon Family has offered the owners of the Federal Reserve Board staggering quantities of gold at a 13% discount from the market price. The idea is for 10% of this money to be spent on a massive campaign to end poverty, stop environmental destruction and send humanity on a path for exponential expansion into the universe. The ball is now in the court of the US regime in Washington DC. That is why the US President and Vice President are having an emergency meeting on April 11 with Federal Reserve Board Chairperson Janet Yellen. A member of the Dragon family will also be at that meeting, CIA sources in Asia say.

If the Feds refuse the Asians, the BRICS nations and the Europeans will announce a new international gold backed currency that can be exchanged for US dollars during a three month period. After that period, the US dollar will no longer be accepted by at least 188 countries, leaving the Washington regime isolated and bankrupt.........

 
...........In addition to the financial sanctions against the Feds, the worlds’ martial arts societies will be mobilized to finish off the genocidal faction of the Khazarian mafia. Chodoin Daikaku, the ostensible head of many of the world’s martial arts factions, is being relieved of his duties and will be replaced by Masaaki Hatsumi, head of the Bujinkan Dojo. The reason for this is that Daikaku, whose real name is Ryosuke Matsuura, has refused to mobilize the martial arts societies under his supposed leadership despite being presented with ample proof that the Khazarian mafia has been actively trying to murder more than 90% of the world’s population. In other words, multiple blows have been struck against the human race and, despite a legitimate need for self-defense, he does nothing.

The evidence he ignores includes multiple attempts to start World War 3, the spreading of bio-weapons like ebola, HIV, and SARS, attempts to cause mass starvation by paying farmers to grow fuel, not food and much more. Not only that, having failed in these attempts to kill the billions the Satanists announced they would kill, it appears they are getting ready for some massive sacrificial event: at least one thousand temples to Baal are being built around the world. In ancient times children were traditionally burned in sacrifice to Baal, also known as Molech and later Set and finally now Satan..........

 

............Some of the names in the Panama Papers that have not been made public include Hillary Clinton’s “team,” the Bushes and many US oligarchs, politicians and judges, he adds.

The Globo TV network that is trying to induce regime change in Brazil has also been implicated together with Argentine President Mauricio Macri and drug lords like El Chapo.

In response to Panama, the agent noted “the elites panicked and set a fire in the basement of the Internal Revenue Service’s headquarters,” in a failed attempt to cover up incriminating evidence.

FBI efforts to arrest Hillary Clinton are also gaining steam. Last week President Obama was forced to guarantee on Fox TV that Hillary will not get special treatment, “which means no plea deal and no pardon,” FBI sources say. She is due to be interrogated soon by the head of the FBI “for the serious crime of running a private foreign policy and intelligence operation,” while in an official post.............

 

 

.............The money being looted from Japan is not enough to save the Wall Street Khazarian gangsters because they are reeling from low energy prices plus the loss of drug money and of investment banking fees, their only legitimate source of income. Most big mergers being organized by the Banksters are also being stopped because they are creating anti-competitive monopolies and oligopolies.

The fact banks have started to offer negative interest rate mortgages and consumer loans in the Netherlands, Belgium and Germany is a clear sign the entire system of Babylonian debt slavery is falling apart. That is because people are realizing these banksters are creating money out of nothing and using this illusion of money to create debt slaves. So, even if a bank lends somebody 100 dollars but says they only have to pay back 90 dollars because of negative interest rates, it still means you have to work to earn 90 dollars to pay them for “money” they created out of nothing but illusion.

 

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CHINA SAYS "NO DOLLARS" FOR NEW YUAN

April 13, 2016

 

post-5-0-20136700-1460606796_thumb.jpg

 

"In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars.  The new Yuan will be introduced next Tuesday, April 19.

 
When the International Monetary Fund (IMF) agreed to add the Yuan to the basket of world currencies used for Global Reserves and International Trade, they wanted China to make the Yuan more reliable as a currency. Since then, China has almost un-pegged its Yuan from the Dollar, allowing its value to fluctuate on world markets.  
 
But for years, China has been amassing huge amounts of gold bullion; some have said their appetite for bullion has been "staggering."  And with a new gold-backed Yuan to be issued next Tuesday, the entire world will have a choice of a new currency to use for international trade:  The old US Dollar which is backed by nothing, or the new Chinese Yuan, which is backed by gold.  Which currency would YOU use?
 
When this new currency is issued, countries that have been forced to use US Dollars for decades, and have had to keep billions of dollars in their foreign currency reserves, will be free to dump those dollars.  But they won't be able to dump them to China for the new gold-backed, Yuan!"
snip
 
 
UPDATE 1-China's big four banks, StanChart, ANZ to join yuan gold benchmark
April 13, 2016
By A. Ananthalakshmi
 
(Recasts with confirmation from Shanghai Gold Exchange)
 
 
"Top Chinese banks, alongside Standard Chartered and ANZ, will be among 18 members to join a new yuan-denominated gold benchmark that signals China's biggest step towards becoming a price-setter for the metal.
 
As the world's top producer, importer and consumer of gold, China has baulked at having to depend on a dollar price in international transactions, and believes its market weight should entitle it to set the price of gold.
 
The yuan gold fix, to be launched on April 19, is not expected to pose an immediate threat to the gold pricing dominance of London and New York, but it could ultimately give Asia more power, particularly if the Chinese currency becomes fully convertible.
 
The Chinese benchmark price will be derived from a 1 kg-contract to be traded by the 18 members on the Shanghai Gold Exchange (SGE), which will act as the central counterparty.
 
The price-setting process will include China's big four state-owned banks, Industrial and Commercial Bank of China , Agricultural Bank of China, Bank of China and China Construction Bank, the SGE said in a statement on its website."
snip
 
Find it interesting this rolls out on April 19th!  
Tx w
 
 
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CHINA SAYS "NO DOLLARS" FOR NEW YUAN

April 13, 2016

 
Find it interesting this rolls out on April 19th!  
Tx w

 

 

To me, this is just another bit of proof that they all have the same MASTER.

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Greenspan: Monetary policy has done everything it can

April 14, 2016

Tom DiChristopher

 

 

"Former Fed Chairman Alan Greenspan said Thursday that monetary policy has reached the outward bounds of its effectiveness without another round of quantitative easing.

 
"Monetary policy … has done everything it can unless you want to put additional QEs on. They're not helping that much in the sense that ultimately determines whether or not you're getting an effect from the QEs" beyond increasing price-to-earnings ratios in the stock market, he said during an interview on CNBC's "Squawk Alley."
 
"There's no real evidence that we're getting an impact on lending and on the economy picking up," he said.
 
Greenspan said he disagreed with International Monetary Fund Managing Director Christine Lagarde that negative interest rates create a net positive impact. Lagarde offered the assessment earlier on "Squawk on the Street."
 
Japanese and European policymakers have pushed some key rates into negative territory."
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Is the American debt-note Factory nearing its end?

By Preston James, Ph.D on April 14, 2016

It's becoming pretty obvious that the days of Federal Reserve System hegemony are now limited, in that much of the world is dumping the US Petro Dollar and plans to shift to direct trade and use of Gold, Silver and commodity-backed real currencies.

  http://www.veteranstoday.com/2016/04/14/is-the-american-debt-note-factory-nearing-its-end/

 

"The FRS has been buying up US Treasury notes from the Chinese and other nations who fear they are soon approaching a complete loss of value. Thus the FRS and the US Treasury are monetizing debt, which means they are kiting up the whole system to manipulate the statistics to look good, while the whole system nears ultimate collapse."

 

"As the RKM is now cornered by the rest of the World that is tired of their debt note private central Banksters Fiat counterfeit currency scam, it is becoming obvious by the day that the RKM is losing power and soon the Hierarchy itself will be taken apart at the seams.

Top Hierarchy members know this is happening and are scrambling to shift the FRS into the USG as a US Federal Agency owned by We The People to create cover and provide an escape from the peasants and their pitchforks.

Many Americans are now learning that the US Congress is spending about 40% more than it takes in in Tax revenues. This means that it must borrow more and more FRS Petro-Dollar debt-notes from the unending, elastic American Money Factory which is a true monopoly and completely illegal and unConstititional.

If a law is unConstitutional, it is by definition illegal and no American has any obligation to obey it.

The only reason we pay our Federal taxes is because the RKM Banksters have transformed America into their own police state with their “owned” judicial system, and their ability to use their unbridled power of the boot in your face and threatened imprisonment to force compliance."

 

Stay tuned because this looks to be sizing up as a very eventful summer this year and a tempestuous Fall and election cycle.

syria_1239573_439139399532839_1526373832

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Proof article re: US trained ISIS

 

This is an old article from May 2015 but as we all know, it'd be a help for later comers to know where was the source of info that made us to think that way...

Here's one to lead you to the source.

 

http://yournewswire.com/declassified-documents-obama-ordered-cia-to-train-isis/

 

"Government watchdog Judicial Watch published more than 100 pages of formerly classified documents from the U.S. Department of Defense and the State Department.

 

The documents obtained through a federal lawsuit, revealed the agencies earlier views on ISIS, namely that they were a desirable presence in Eastern Syria in 2012 and that they should be “supported” in order to isolate the Syrian regime.

The U.S. intelligence documents not only confirms suspicions that the United States and some of its coalition allies had actually facilitated the rise of the ISIS in Syria – as a counterweight to the Syrian government of President Bashar al-Assad- but also that ISIS members were initially trained by members and contractors of the Central Intelligence Agency at facilities in Jordan in 2012.

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Hungary Issues Sovereign Bonds Denominated In Yuan: Another Nail In US Reserve Currency Status?

Tyler Durden

April 17, 2016

 

 

"Submitted by Mike "Mish" Shedlock

 
Hungary has become the first Eastern European country to issue a yuan-denominated sovereign bond.
 
The deal that shows how currying favor with China may be a more important driver for the market than funding.
 
Reader Steve who sent me the story commented on Hungarian mortgages denominated in Swiss Francs only to see the  Franc jump over 20% in value overnight.
 
“Pretty clever guys!”, said Steve.
 
Anyone think this is a good idea?
 
The Wall Street Journal reports Hungary to Issue Dim-Sum Bond as It Seeks to Curry Favor With China.
 
 
Hungary priced the three-year bond at a yield of 6.25%, raising 1 billion yuan ($154 million), a small size for a sovereign deal. Bankers not involved in the transaction estimate that if Hungary issued debt in U.S. dollars and swapped the proceeds into yuan, it would have paid almost 1% less in annual interest costs.
 
The dim-sum market isn’t an appealing market right now. Issuance of offshore yuan bonds has been falling consistently since Beijing’s decision to devalue its currency by 2% in August last year—the prospect of another yuan devaluation has sapped much of the appeal of such bonds for offshore investors.
 
However, Ivan Chung, an associate managing director at Moody’s Investors Service, said selling yuan-denominated sovereign debt promotes Hungary as a yuan hub, partly by establishing a benchmark off which Hungarian firms can issue their own yuan bonds.
 
Bank of China opened a yuan clearing center in Budapest last October, according to China’s Xinhua News Agency, in a ceremony involving the Hungarian Prime Minister Viktor Orban and the Bank of China chairman Tian Guoli. In January this year Hungary mandated Bank of China solely for its offshore yuan bond.
 
This follows a pattern seen in other places. The United Kingdom issued a 3 billion offshore yuan bond in October 2014, four months after China Construction Bank said it would launch yuan clearing in London, setting up that center as a yuan-trading hub.
 
Sovereign dim-sum issuance also generates goodwill with China, which wants to see more cross-border finance done in yuan. In November 2013, the Canadian province of British Columbia issued a 2.5 billion one-year offshore yuan bond. The small size and short tenor didn’t do much for the province’s finances, but a banker who ran the deal said the offer promoted B.C.’s trade relations with China.
 
Hungary plausibly had a similar objective with its dim sum. In June 2015, Hungary was the first European country to sign a cooperation agreement for China’s “One Belt, One Road” initiative, launched with $40 billion in funding, to develop trade and transport infrastructure across Asia and beyond. This will likely mean Hungary will get linked to, and therefore benefit
 
from, China’s infrastructure projects, and might even participate in contracts for such works.
 
“Hungary could use yuan to settle the trade or investment involved, such as payment for China construction firms and equipment, which could help to reduce foreign-exchange risks,” Mr. Chung added."
snip
 
Tx w
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"This Is Going To Be A National Crisis" - One Of The Largest U.S. Pension Funds Set To Cut Retiree Benefits

April 20, 2016

Tyler Durden

 

 

"A dark storm is brewing in the world of private pensions, and all hell could break loose when it finally hits.

 
As the Washington Post reports, the Central States Pension Fund, which handles retirement benefits for current and former Teamster union truck drivers across various states including Texas, Michigan, Wisconsin, Missouri, New York, and Minnesota, and is one of the largest pension funds in the nation, has filed an application to cut participant benefits, which would be effective July 1 2016, as it "projects" it will become officially insolvent by 2025. In 2015, the fund returned -0.81%, underperforming the 0.37% return of its benchmark.
 
Over a quarter of a million people depend on their pension being handled by the CSPF; for most it is their only source of fixed income.
 
Pension funds applying to lower promised benefits is a new development, albeit not unexpected (we warned of this mounting issue numerous times in the past). For many years there existed federal protections which shielded pensions from being cut, but that all changed in December 2014, when folded neatly into a $1.1 trillion government spending bill, was a proposal to allow multi employer pension plans to cut pension benefits so long as they are projected to run out of money in the next 10 to 20 years. Between rising benefit payouts as participants become eligible, the global financial crisis, and the current interest rate environment, it was certainly just a matter of time before these steps were taken to allow pension plans to cut benefits to stave off insolvency.
 
The Central States Pension Fund is currently paying out $3.46 in pension benefits for every $1 it receives from employers, which has resulted in the fund paying out $2 billion more in benefits than it receives in employer contributions each year.
 
As a result, Thomas Nyhan, executive director of the Central States Pension Fund said that the fund could become insolvent by 2025 if nothing is done. The fund currently pays out $2.8 billion a year in benefits according to Nyhan, and if the plan becomes insolvent it would overwhelm the Pension Benefit Guaranty Corporation (designed by the government to absorb insolvent plans and continue paying benefits), who at the end of fiscal 2015 only had $1.9 billion in total assets itself. Incidentally as we also pointed out last month, the PBGC projects that they will also be insolvent by 2025 - it appears there is something very foreboding about that particular year.
 
As the Washington Post writes:
snip
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: -( That's criminal. How can they let things get that bad and then know 10 years beforehand that it will be insolvent without doing anything to fix or mitigate it? I mean, shouldn't they have a better investment strategy for the fund? Clearly incompetence. /rhetoric

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Before any real change is instigated they must convince us we need it. That is why we will see the whole place going to pot before it comes.

Meanwhile the control of gold and pricing is drifting east and there should be a reset of the gold and silver price before any reset of currencies.

.http://kingworldnews.com/whistleblower-andrew-maguire-and-deutsche-banks-confession-as-china-checkmates-the-west-in-the-gold-war/

"

KWN HOMEHEALTHMONEYTECHKWN+GOLDWEALTHSPORTSTRAVELBROADCASTMSMCONTACT

BREAKING NEWS

A Bone-Chilling Email About The Terror And Destruction That Lies AheadAndrew Maguire – Massive Pressure For Gold Price Reset As China Checkmates The West In The Gold WarAfter Yesterday’s Wild Trading, SentimenTrader Just Issued An Extremely Important Update On The Silver MarketIs The Price Of Gold Really Going To Hit $20,000?Peter Boockvar – Gold & Silver Bullish As Silver Breaks Out To Highest Level Since May 2015!A Bone-Chilling Email About The Terror And Destruction That Lies AheadAndrew Maguire – Massive Pressure For Gold Price Reset As China Checkmates The West In The Gold War

Andrew Maguire – Massive Pressure For Gold Price Reset As China Checkmates The West In The Gold War

April 22, 2016

Today whistleblower and London metals trader Andrew Maguire spoke with King World News about the massive pressure for a gold price reset, Deutsche Bank’s confession, and China checkmating the West in the gold war.

Andrew Maguire: “Eric, what people are witnessing are the first winds (early stages) of a perfect storm brewing for much higher gold and silver prices. This is because the physical market is beginning to dictate price and to constrain what the paper market actors can do…

China Checkmates The West In The Gold War

More importantly, it illustrates that Western central planners have lost the war against China’s move to wrest away control and to consolidate the gold market, a market that was once firmly under Western control. Obviously, this has huge implications. Given that there are billions of dollars of underwater derivatives under threat and price is increasingly being set outside of the (bullion bank) market makers control, the pressures for a gold price reset are massive.

With China playing the long game, the (upside) battle is now won. But knowing the LBMA bullion banks would try to skirt the SGE fix, China forewarned these (Western bullion) banks that if they didn’t participate, they would be barred from participating in the Chinese gold markets. Furthermore, any manipulation attempts by the bullion banks would be dealt with the Chinese way, not the bought and paid for Western regulators’ way. So this is a true game-changer.

And you can add into the bullish mix Deutsche Bank admitting to colluding with several other bullion banks in order to rig bullion prices. Aside from the multi-billion dollar civil law suits that will ensue, some of which are already filed, the key element here is the agreement by Deutsche Bank to release transcripts that prove collusion. This is a huge deal.

Whistleblower Andrew Maguire And Deutsche Bank’s Confession

Perhaps Deutsche Bank will attempt to seek immunity from prosecution, but given the banks they will formally name that will be at the center of the evidence I provided to the regulators in 2009 – 2011, it looks like these regulators will finally be forced to act. Either way, once it is realized that the true gold price is as yet undiscovered and related to billions of dollars worth of entrenched naked short derivative bets, the sharks will smell blood and watch out above (as the price of gold will soar).

Right now the Western central planners are losing control of the precious metals market reigns, as evidenced by the distinct changes in market behavior. Historical correlations are evaporating and we are seeing a push into physical on a scale I have never witnessed before. All dips are going to be bought and discounts from here on will be shallow, and the only thing that can save Wester central planners is a…To continue listening to the powerful KWN audio interview with whistleblower Andrew Maguire that will be released later today, and you can access it when it’s released by CLICKING HERE.

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Halliburton Fires One Third Of Global Staff: "What We Are Experiencing Today Is Unsustainable"

April 23, 2016

Tyler Durden

 

 

"In a brutally frank and painfully honest first quarter operational update, Halliburton president Jeff Miller poured freezing cold water all over the "oil is stabilizing, and everything is going to be awesome" narrative. After explaining that the firm has laid off one-third of its global employees, and pointing to the collapse in sequential revenues across every business unit, Miller exclaimed: "What we are experiencing today is far beyond headwinds; it is

unsustainable."
 
Due to the deadline of its merger agreement with Baker Hughes Halliburtion has delayed its earnings conference call until May 3rd and so gave an operational update. The healdlines were horrific:
 
*HAL SEES OVER 30% DROP IN YR GLOBAL DRILLING, COMPLETION SPEND
*HALLIBURTON CUT ABOUT 1/3 OF STAFF GLOBALLY
*HALLIBURTON CUT OVER 6,000 JOBS DURING 1Q
*HALLIBURTON SEES ADDITIONAL 50% DECLINE IN NORTH AMERICA SPEND '16
*HALLIBURTON SAYS WORLDWIDE RIG COUNT LOWEST LEVEL SINCE 1999
*HALLIBURTON SEES PRODUCTION DECLINES IN BACK HALF OF '16
Dave Lesar, Chairman and CEO, began the dismal update...
 
"Life has changed in the energy industry, especially in North America, and over the past several quarters we have taken the steps to adapt to that fact.
Operators globally are under immense pressure, and many of our North America customers are fighting to maintain some value for their shareholders. Our goal is to work with those customers to get through these tough times.
Our customers have taken defensive actions to solidify their finances including significant reductions to headcount and capital spend. While these were necessary actions, it clearly will result in production declines in the back half of 2016. But even when operators feel better about the markets, they will still face issues of balance sheet repair and we believe they will be cautious in adding rigs back."
snip
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Well worth a listen ....... what the big boys are doing at the table whilst everyone is focused on elections and paper signing.

 

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ExxonMobil loses coveted AAA credit rating from S&P on low oil prices

April 26, 2017

Christine Wang

 

 

"Standard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ on Tuesday because of expectations of continuing low oil prices.

 
S&P told CNBC that it has had a AAA rating on Exxon since July 5, 1949. The move leaves only Microsoft and Johnson & Johnson with AAA ratings from S&P.
Shares of ExxonMobil were flat on the day.
 
In its announcement, S&P said that it expects Exxon's "credit measures, including free operating cash flow (FOCF) to debt and discretionary cash flow (DCF) to debt, will remain below [its] expectations for the 'AAA' rating through 2018." The ratings agency added that its outlook on Exxon is stable.
 
S&P added that the "company's debt level has more than doubled in recent years, reflecting high capital spending on major projects in a high commodity price environment and dividends and share repurchases that substantially exceeded internally generated cash flow."
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Haven't watched this yet...

Bill Holter: This Is The End Days Of The Current Economic System And We Might Not Reach October

Posted By: NaturalWisdom

Date: Tuesday, 26-Apr-2016 19:20:06

This Is The End Days Of The Current Economic System And We Might Not Reach October

X22Report Spotlight

Apr 23, 2016

Guest: Bill Holter

Source http://www.rumormillnews.com/cgi-bin/forum.cgi?read=45542

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Head Of The Army Gives Strange Speech - "Prepare For little green men and hybrid armies"

4/28/2016

 

Army Chief of Staff Gen. Mark Milley was the keynote speaker at Norwich University during its Reserve Officer Training Corps Centennial Symposium, Northfield, Vermont, on April 21, 2016. During his speech he talked about "little green men and hybrid armies".

Should these strange words mean anything to us?

 

 

Army chief to leaders: Winning is everything in combat
Michelle Tan, Army Times 3:14 p.m. EDT April 22, 2016
 
“If the world if 1916 was complex, or the world of 1945 was complex, the world of 2016 is intensely complex, and I can tell you that from personal experience,” he said. “You’ll be dealing with terrorists, you’ll be dealing with hybrid armies, you’ll be dealing with little green men, you’ll be dealing with tribes, you’re going to be dealing with it all, and you’re going to be dealing with it simultaneously.”

http://www.armytimes.com/story/military/careers/army/2016/04/22/army-chief-leaders-winning-everything-combat/83395612/

 

 

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Cross posting from the Refugee thread:

 

27.04.2016 Author: F. William Engdahl

How NATO-linked Think Tanks Control EU Refugee Policy
http://journal-neo.o...refugee-policy/

 

A flood of uncontrolled war refugees from Syria, Libya, Tunisia and other Islamic countries destabilized by Washington’s ‘Arab Spring’ Color Revolutions, has created the greatest social dislocation across the EU from Germany to Sweden to Croatia since the end of World War II. By now it has become clear to most that something quite sinister is afoot, something which threatens to destroy the social fabric of the very core of European civilization. What few realize is that the entire drama is being orchestrated, not by German Chancellor Angela Merkel, or by faceless EU bureaucrats of the Brussels EU Commission. It is being orchestrated by a cabal of NATO-linked think tanks.
 
Last October 8, 2015 amid the great stream of hundreds of thousands of refugees flooding into Germany from Syria, Tunisia, Libya and other lands, a newly self-confident German Chancellor Angela Merkel proclaimed on a popular German TV program, “I have a plan.” She took the occasion to take a sharp dig at coalition partner, Bavarian CSU head, Horst Seehofer, a stauch critic of Merkel’s open arms refugee position since spring 2015 that saw more than one million refugees enter Germany last year alone.
 
Since that point, with iron-hard resolve, the German Chancellor has defended the criminal Erdogan regime in Turkey, an essential partner in her “plan.”
 
Most of the world has looked on with astonishment as she ignored principles of free speech and decided to prosecute publicly a well-known German TV comedian, Jan Böhmermann, for his satirical remarks about the Turkish President. They were astonished as the symbol of European democracy, the German Chancellor, chose to ignore Erdogan’s imprisonment of opposition journalists ands his shutting of Turk opposition media as he proceeded with plans to establish a de facto dictatorship rule within Turkey. They were puzzled as Berlin’s government chose to ignore overwhelming proof that Erdogan and his family were materially aiding and abetting ISIS terrorists within Syria who were in fact creating the war refugee crisis. They were astonished to see her push through an EU committment to give Erdogan’s regime billions of euros to supposedly deal with the refugee flow from Turkish refugee camps across the border into EU neighbor land, Greece and beyond.
 

The Merkel Plan

All of those seemingly inexplicable actions from the once-pragmatic German leader appear to go back to her embrace of a 14-page document prepared by a network of pro-NATO think-tanks, brazenly titled “The Merkel Plan.”
 
What the newly-self-confident German Chancellor did not tell her hostess, Anne Will, or her viewers was that “her” plan was given to her just four days earlier, on October 4, in a document already titled The Merkel Plan, by a newly-created and obviously well-financed international think-tank called the European Stability Initiative or ESI. The ESI website showed that it had offices in Berlin, Brussels and in Istanbul, Turkey
 
Suspiciously, the authors of the ESI plan titled their plan as if it had come from the German Chancellor’s office and not from them. More suspicious is the contents of The Merkel Plan of ESI. In addition to already taking more than one million refugees in 2015, Germany should “agree to grant asylum to 500,000 Syrian refugees registered in Turkey over the coming 12 months.” In addition, “Germany should accept claims from Turkey…and provide safe transport to successful applicants…already registered with the Turkish authorities…” And finally, “Germany should agree to help Turkey obtain visa-free travel in
2016.”
 
That so-called Merkel Plan was a product of US and NATO-linked think tanks and of governments of NATO member countries or prospective members. The maxim “follow the money trail” is instructive in this case to see who really runs the EU today.
 
 


The ESI

The ESI came out of NATO-led efforts to transform South East Europe following the US-instigated war in Yugoslavia during the 1990’s that resulted in the Balkanization of the country and establishment of a major USA and NATO airbase, Camp Bond Steel in Kosovo.
 
Current ESI Chairman directly responsible for the final Merkel Plan document is Istanbul-based Austrian sociologist, Gerald Knaus. Knaus is also a member of the European Council on Foreign Relations (ECFR), and an Open Society Fellow.
 
Founded in London in 2007, the ECFR is an imitation of the influential New York Council on Foreign Relations, the think-tank created by the Rockefeller and JP Morgan bankers during the 1919 Versailles peace talks to coordinate an Anglo-American global foreign policy. Significantly, the creator and moneybags for the ECFR is American multi-billionaire and Color Revolution funder, George Soros. In virtually every US State Department-backed Color Revolution since the collapse of the Soviet Union, including in Serbia in 2000, in Ukraine, in Georgia, in China, in Brazil and in Russia, George Soros and offshoots of his Open Society Foundations have been in the shadows financing “democracy” NGOs and activists to install pro-Washington and pro-NATO regimes.
 
The select members, called Council Members or associates, of the London-based ECFR include ECFR co-chairman Joschka Fischer, former German Green Party Foreign Minister who arm-twisted his party into backing Bill Clinton’s illegal 1999 bombing of Serbia without UN Security Council backing.
 
Other members of the Council of Soros’ European Council on Foreign Relations think tank include former NATO Secretary General, Xavier Solana. It includes disgraced plaigarist and former German Defense Minister, Karl-Theodor zu Guttenberg; Annette Heuser, Executive Director Bertelsmann Stiftung in Washington DC; Wolfgang Ischinger, Chairman, Munich Security Conference; Cem Özdemir, chairman, Bündnis90/Die Grünen; Alexander Graf Lambsdorff, German Liberal Party (FDP) MP; Michael Stürmer, Chief Correspondent, Die Welt; Andre Wilkens, Director of Mercator Foundation; pederasty defender, Daniel Cohn-Bendit of the European Parliament. Cohn-Bendit, known as “Danny the Red” during the May, 1968 French student riots, was a member of the the autonomist group Revolutionärer Kampf (Revolutionary Struggle) in Rüsselsheim, Germany along with his close ally, now ECFR chairman, Joschka Fischer. The two went on to found the “realo” wing of the German Greens.
 
The Open Society Foundations is the network of tax-exempt “democracy-promoting” foundations created by George Soros on the collapse of the Soviet Union to promote “free market” pro-IMF market liberalization of former communist economies that opened the doors for the systematic plundering of invaluable mining and energy assets of those countries. Soros was a major financier of the liberal economic team of Boris Yeltsin including Harvard “Shock Therapy” economist, Jeffrey Sachs, and Yeltsin liberal adviser, Yegor Gaidar.
Already it becomes clear that the “Merkel Plan” is the Soros Plan in fact. But there is more if we wish to understand the darker agenda behind the plan.
 


The ESI Funders

The European Stability Initiative think-tank of Soros-tied Gerald Knaus is financed by an impressive list of donors. Their website lists them.
 
The list includes, in addition to Soros’ Open Society Foundations, the Soros-tied German Stiftung Mercator, and the Robert Bosch Stiftung. ESI funders also include European Commission. Then, curiously enough the funder list for The Merkel Plan includes an organization with the Orwellian name, The United States Institute of Peace.
 
Some research reveals that the United States Institute of Peace has anything but a peace-loving background. The United States Institute of Peace is chaired by Stephen Hadley, former US National Security Council adviser during the neo-conservative war-waging Bush-Cheney administration. Its Board of Directors includes Ashton B. Carter, current Obama Administration neo-conservative hawkish Secretary of Defense; Secretary of State John Kerry; Major General Frederick M. Padilla, President of the US National Defense University. These are some very seasoned architects of the US Pentagon Full Spectrum Dominance strategy for world military domination.
 
The “Merkel Plan” authors at the European Stability Initative, in addition to the largesse of George Soros’ foundations, list as “core” funder, the German Marshall Fund of the United States. As I describe in my book, The Think Tanks, the German Marshall Fund is anything but German. With its seat in Washington, as I noted in the book, “It’s an American think tank with its headquarters in Washington, D.C. In point of fact, its agenda is the deconstruction of postwar Germany and more broadly of the sovereign states of the EU to fit them better into the Wall Street globalization agenda.”
 
The German Marshall Fund of Washington has been involved in the post-1990 USA agenda of regime change around the world in league with the US-funded National Endowment for Democracy, Soros Foundations, and the CIA front called USAID. As I describe it in the think tanks book, “The major focus of the German Marshall Fund according to its 2013 Annual Report was to support the US State Department agenda for so-called democracy-building operations in former communist countries in eastern and south-eastern Europe, from the Balkans to the Black Sea. Significantly their work included Ukraine. In most instances, they worked together with the USAID, widely identified as a CIA front with ties to the State Department, and the Stewart Mott Foundation which gives funds to the US Government-funded National Endowment for Democracy.”
 
Notably, the same Stewart Mott Foundation is also a funder of the ESI-authored Merkel Plan, as is the Rockefeller Brothers Fund.
 
This all should give pause for reflection as to who and for what goals the Merkel-Erdogan deal for dealing with the EU refugee crisis is intended. Does the Rockefeller-Bush-Clinton faction in the United States intend to use it as a major social engineering experiment to create chaos and social conflict across the EU at the same time their NGOs such as the NED, Freedom House and the Soros Foundations are stirring things up in Syria and Libya and across the Islamic world? Is Germany, as former US presidential adviser and Rockefeller crony, Zbigniew Brzezinski called her, a “vassal” of US power in the post-1990 world? To date the evidence is pretty strong that that’s the case. The role of US and NATO-linked think tanks is central to get an understanding of how the Federal Republic of Germany and the European Union are actually controlled from behind the Atlantic curtain.
 
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”
http://journal-neo.o...refugee-policy/

 

http://chani.invisionzone.com/topic/8045-current-refugee-situation-what-are-you-seeing/?p=102469

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JIM WILLIE BOMBSHELL: GLOBAL LEHMAN MOMENT COMES NEXT

http://www.silverdoctors.com/gold/gold-news/jim-willie-long-awaited-gold-breakout/#more-66086

"For the last year or more, not an elephant, not a gorilla, but a dragon has been found at the dinner table. Its breath has just made everybody at the table totally bald with some scorched red faces. Now all are looking at each other, wondering who will first mention the bald guys at the table. The Shanghai levers are finally functioning, starting with the Gold Fix and continuing with the RMB-based gold futures contract (which delivers gold metal oddly). The game is finally on, as in the climax chapter to the End Game.....

.....GOLD & SILVER PRICE REVERSALS

The gold reaction to the Shanghai market development has been muted. But a powerful reversal is in progress, which should be impossible to halt or to obstruct. An unsual pattern shows itself in an upward bias Cup & Handle toward a reversal, where the $1300 level is well defended.

 

The signals are many on the positive side. The reversal pattern is powerful and unmistakable. The upward tilt is unusual and potent, as a very bullish signal indeed. An explosive violent rise could occur soon. It might not be noticed well by some analysts. The moving average crossover for the 20-week MA above the 50-week MA is a very reliable signal, confirmed by the stochastics cyclical index.

Gold is stodgy but it will prevail and complete the upside breakout. The banker cabal will throw a lot of paper at it, but the paper will be burned and converted to metal by force. These are exciting times. The world is on the verge of witnessing the fall of the banker cabal and the removal of the King Dollar as global reserve currency. The battle is as fierce as the dollar is toxic. See the gold weekly chart where the breakout seems imminent......

......If truth be told, the official monetary policy is wrecking the global economy. QE with ZIRP serve as a death warrant to the USDollar, etched in monetary policy. Assured mutual destrution is clear. The Gold Standard is visible, a solution avoided since 2008 but urgently called for now. Bear in mind the honest inflation adjustment, which calls for the 1980 high to occur at $150/oz for silver. It remains realistic, especially given the increasing usage of silver in various industrial application. Silver will be part of the new asset backed global currency system.

NEXT COMES A GLOBAL LEHMAN MOMENT WITH BANK FAILURES AND A THREAT TO THE ENTIRE WESTERN BANKING SYSTEM. Nothing has been fixed since 2008. No big bank liquidations have occurred. No currency reform has occurred. The banking reform has been a sham, run by the big banks themselves. Banker power has been preserved. Next the Western bank power will be lost.

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