In the Banker War on Cash, New Zealand and Canada Are the Next Major Countries on the Banker Hit List

January 12th, 2017
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

As we warned more than 4½ years ago in this article here, the criminal banking cartel’s end game involves restricting freedom of speech and curbing any criticism of their criminal banking industry by banning cash and imposing an end game of 100% digital money upon all of us. Now with the benefit of 4½ more years, there can be little doubt that indeed, that the banking industry has advanced their war against all of us by accelerating their war on cash, and attempting to disguise this war on cash as a war on corruption.

 

Any logical person would understand the vast irony in such a statement, especially since bankers are leading these false charges of a war on cash as a war on corruption, not only given the fact that the banking industry is the most corrupt industry on the planet, but also given the fact that bankers provide much of the dirty money that feeds global stock markets by laundering tons of dirty money for the world’s most violent drug cartels. Recall that in 2012, HSBC bankers had to pay a $1.9B fine for willingly laundering hundreds of millions, and more likely billions of dollars, of dirty money for the largest and most murderous Mexican drug cartels. Though HSBC CEO Stuart Gulliver unconvincingly denied approving of these transactions, any logical person would conclude that it is next to impossible for the CEO of a bank not to know that origin of the source of hundreds of millions of dollars of cash flowing into his bank.

 

In addition to profiting handsomely by conducting business with the largest, most violent drug cartels in the world, such as the Sinaloa drug cartel, HSBC bankers were also convicted of openly conducting business with terrorists linked to Al-Queda, Hezbollah, and Russian mobsters, and for openly moving money for rogue states like North Korea and the Sudan. In fact, Jack Blum, a former US Senate investigative attorney, stated, “[HSBC bankers] violated every goddamn law in the book. They took every imaginable form of illegal and illicit business.” Of course HSBC bankers were not the only bankers convicted of laundering huge sums of illicit money and profiting from this illegal act. Wachovia bankers, Standard Chartered bankers, Citibank bankers, Wells Fargo bankers, and dozens of other bankers were also found guilty of these criminal activities as well, exposing the systemic criminal nature of the banking industry.

 

Consequently, when bankers now claim that their war on cash is a war on corruption, this statement is not only laughably pathetic, it is obscenely hypocritical. If the banking industry were truly sincere in fighting a real war on corruption and had any integrity in this effort, they would have to first turn the spotlight on themselves and dissolve most of the largest global banks within their own network.

 

In any event, if you’ve been following our blog, most of you already know that banker puppet and Indian Prime Minister Narendra Modi already unexpectedly banned the two largest rupee notes on 8 November 2016, immediately throwing the Indian economy into chaos. Again, though Modi falsely positioned his war on cash as a “war on corruption”, we explained in this vlog why Modi’s position is patently a lie, and not even a well-disguised lie at that.

Even former Indian PM Manmohan Singh saw easily through Modi’s collaboration with global bankers and Modi’s transparent ruse for what it really was – a declared war on basic human rights and the freedom of Indian citizens. Mr. Singh delivered a scathing condemnation of Modi’s actions: “The vast majority of Indians earn in cash, transact in cash and save in cash, all legitimately. Their daily subsistence depends on their cash being accepted as a medium of valid currency…They save their money in cash which, as it grows, is stored in denominations of 500 rupee and 1000 rupee notes. To tarnish these [notes] as ‘black money’ and throw the lives of these hundreds of millions of poor people in disarray is a mammoth tragedy…It is the fundamental duty of a democratically elected government in any sovereign nation to protect the rights and livelihood of its citizens. The recent decision by the Prime Minister is a travesty of this fundamental duty.”   The searing tone of Mr. Sing’s condemnation of Modi’s actions is not only all too evident but it is also well justified.

 

In addition, as we have written for years, most global banks have been committing acts of massive accounting fraud, and have refused to reveal their true, weak financial conditions in their quarterly and annual reports through various Enron-worthy accounting deceptions ranging from constantly changing their reporting parameters and using fake internal valuation models, instead of a real mark-to-market model, to value their assets. If mass media were really interested in ridding news of “fake news” then they would cease reporting these banker plays all over the world as a “war on corruption” and reveal it as an illegal forced re-capitalization of banks that lack cash. As a quick aside, it is truly ironic that one of the sources for popularizing the term “fake news”, Washington Post journalists, now want this term banned after the use of the term has clearly backfired on the mass media, similar to the time when bankers changed their message about the use of cash being responsible for enduring global poverty, once this sophomoric, fake message backfired on them.

 

It would be easy to prove this above accusation that many global banks have very little liquidity simply by asking everyone to pick a day and to withdraw 50% of the cash in your deposit/checking accounts on the same day from that bank. If this were to occur, most global banks would likely run out of money before even 5% to 10% of cash was withdrawn. Luckily, for the bankers, this can never be tested, as bankers, well aware of their accounting fraud committed for years and their liquidity problems, have severely restricted daily cash withdrawal limits from the bank, making the above experiment impossible to execute. Bankers around the world have crushed daily cash withdrawal limitations to such low levels, that in many countries, millionaires would literally have to spend years withdrawing their own money, even were they to withdraw the daily cash limit every single day of every single year. In fact, one of the primary reason bankers are so keen on banning cash worldwide is to prevent the discovery that many global banks are indeed bankrupt. When bankers conduct pre-emptive strikes by restricting daily limits of cash withdrawals, and then eventually banning cash outright, this solves the threat of bank runs from ever occurring. The efforts of bankers worldwide to ban cash is just another pre-emptive strike against us.

 

Antonio Maria Costa, head of the UN Office on Drugs and Crime, stated that in the latter half of 2008, that cash proceeds of organized crime were “the only liquid investment capital” available to some banks struggling with liquidity problems and that consequently, bankers eagerly welcomed criminal money into their institutions and laundered the vast majority of the $352B of drugs profits that year. Costa explained, “In many instances, the money from drugs was the only liquid investment capital. In the second half of 2008, liquidity was the banking system’s main problem and hence, liquid capital became an important factor.” My questions to the bankers are the following: “Where was your war against corruption in 2008 if stymieing corruption is so important to you? And, Do you only fight wars on corruption, when you can hide the true motives of your war and when it benefits you?”

 

In Venezuala, President Maduro eliminated the 100 bolivar note, again citing a war on “corruption” as his motivation for doing so. Maduro further ordered State police in Venezeula to treat every single person in possession of large amounts of 100 bolivar notes as criminals and to assume guilt before innocence in his mandate that every such person should be stopped and investigated. In Venezuela, the pre-crime division of Stephen Spielberg’s Minority Report has already arrived. In reviewing Maduro’s draconian measures, enforced after Venezuelan bankers crushed people’s freedom and their hard-earned life savings by devilishly hyperinflating the bolivar, Spanish economist Willian Ruiz declared, “Any Venezuelan who keeps those notes for any reason, will lose his money, his work, and will be stuck holding worthless paper.” So we must ask ourselves, Are we suffering a war on cash, or a war of bankers against the freedoms of people?

 

Clearly, bankers are leading a charge across the world not only to institute a 100% digital money world as I predicted 4 ½ years ago, but also to absurdly criminalize the possession of large monetary notes as well. If you believe this type of banker-imposed tyranny is limited to developing nations like India and Venezeula, the call for banning large notes in larger, more-developed countries with much larger economies, as is the case in Australia, may shock you. Leading the charge to “ban corruption” and the A$100 note in Australia is, drumroll, please…unsurprisingly a financial industry executive, former KPMG global chairman Michael Andrew. As “proof” of the massive black money market in Australia, Financial Services Minister Kelly O’ Dwyer stated that three times as many $100 notes exist in circulation as $5 notes, dismissing the simple explanation that perhaps the majority of $100 notes in circulation are legitimate, as people may simply find it more convenient to carry three $100 notes in their wallet as opposed to sixty $5 notes.

 

And though Australia has not yet banned its large notes, as has India and Venezuela, now that the proposition has been tabled for serious discussion, expect bankers to start issuing more and more frequent press releases in the following countries to condition citizens all over the world into that possession of large cash notes equates to criminality. However, with the resistance of good people all around the world such as yourself, who actively spread articles like this to friends and neighbors, we can fight back by keeping one another informed, well-read, and educated about these brewing very serious issues. Ironically, by informing each other, we may actually be able to provide blowback to the bankers in their war against us. They wish to ban the use of cash worldwide, and to this I say, good riddance because bankers always inflated fiat currencies to steal our savings as we slept. No one should want to use fiat currencies as “money” today anyway. So perhaps we can help bankers to usher in a ban on THEIR currency by converting THEIR currency into OUR currency – physical gold and physical silver!

 

Next in line after India, Venezuela and Australia for policy discussions of banning large currency notes are Canada, New Zealand, England, Scotland, Ireland, Argentina, Brazil, Spain, Switzerland, Italy and France, Japan and the United States, not necessarily in that order, but this banker movement will be pushed more aggressively in small economies first before spreading to larger economies. If you live in any of these countries and have seen media releases regarding the potential ban of large cash notes in your country, please email us links to this information at info-at-smartknowledgeu-dot-com so that we may keep every subscriber of this blog/newsletter informed of such developments in future articles.

 

It is only a matter of time before the bankers’ war on all of us takes a leap into its next stage of execution. The time to stand up against such tyranny, as elegantly expressed by former Indian PM Manmohan Singh, has never been any more urgent at any other time in history as right now.

 

Coming Next: Will the Banker War on Cash Spread to a War on Bitcoin?

twitterlinkedinrssyoutubetumblrby feather

Investors’ Number One Flaw Often Revealed During Gold and Silver Raids

December 28th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

In many aspects of life, being ruled by one’s emotions can often cause one to land in hot water. This is not to say that one should be devoid of all emotion and act like a robot, because no one likes a stiff and unfeeling person. However, as with life, balance is necessary. Yin and yang. Unfortunately, many of us, as investors, fall victim to the pitfall of making decisions from a raw emotional place, instead of a place more balanced by logic, far more frequently than we would like. Even in martial arts training, I learned that letting one’s emotions get the best of oneself during a confrontation could be dangerous, whether it was crippling fear that would delay response and reaction time in which fractions of a second make a huge difference, or anger that would cause lapses in judgement that would leave one vulnerable to counterattacks. Furthermore, I even learned that the adrenaline surge that accompanies the onset of anger would soon be followed by an adrenaline dump that would cause one to become unexpectedly and easily tired, a dangerous predicament in a prolonged confrontation.

 

In vlogging about this recent and ongoing gold and silver raid, I’ve discovered that emotions also prevent us from making prudent decisions in investing as well. Though all of us have heard time and time again that investing is an emotional activity, too often, many of us become so emotionally and inflexibly committed to a position that we never waver from our stance, even when we know that there could be a huge possibility of our stance being wrong, rather than to simply step away from the situation for a second, calm our minds, and make rational, logical decisions. Even though I detest the immoral, criminal banker raids against spot gold and spot silver prices that are, without doubt, a misanthropic attack on the freedom of humanity (as an attack on sound money helps elevate the status of counterfeit fiat currencies in the public eye), none of us who are long gold and silver, even if it is just physical gold and silver, should have to relegate ourselves to idly standing by without taking any counter measures against this abominable banker-executed manipulation. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

Less YouTube, More Snapchat, and Banker Wars on Cash and Gold.

December 19th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

As all of you that have been long-time readers of this blog know, we have several primary channels of distribution for all the news we distribute – our YouTube channel, our free newsletter (subscribe on our website), and this blog.

 

However, ever since Google bought out YouTube, YouTube has become increasingly hostile towards any distribution of any hard-hitting news about the systemic and rampant criminality of the commercial financial and banking industry. We’ve had numerous problems with censorship issues of our news over the past several years with both Google and YouTube, so we are going to migrate towards other channels of news distribution. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

Join Our SKWealthAcademy Snapchat Channel

December 19th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

For daily updates on gold and silver markets, building positive life-building wealth, (not monetary wealth only), and the launch of our new SmartKnowledgeWealthAcademy, please follow us on Snapchat. You may add us by taking a photo of the snapcode below and then tapping “add friends” and “add by snapcode” or by searching for the snapchat username “skwealthacademy.”

 

skwealthacademy snapcode

twitterlinkedinrssyoutubetumblrby feather

With Federal Reserve Uncertainty Out of the Way, the Gold and Silver Bull Will Now Resume

September 23rd, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

Last year, we were consistent in stating all year that every dip in the price of gold and silver assets was a trap and false buying opportunity that would just precede lower prices. This year, we’ve been consistent in our message that every significant dip has been a true buying opportunity and would precede strong rebounds in the price in gold and silver assets.  For example, on 25 August, we wrote a piece titled, “Don’t Worry. Falling Gold and Silver Prices Equals Big Opportunity”, and well before that, on 21 June 2016, we penned a piece titled “Three Charts that Show Much Higher Gold and Silver Prices are Still Ahead.”

 
Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

Don’t Worry. Falling Gold and Silver Prices Equals Big Opportunity

August 25th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

In mid-June of this year, I wrote an article stating that the gold and silver price rise was only getting underway. A little earlier that that, in our Member Services, we instructed our Members to purchase many gold and silver stocks. Even some of the PM stocks we just purchased this past June are still up, even after the large drop yesterday, by more than 25% and 49%, but unless the situation drastically changes in the next few weeks, we intend to hold through this temporary lull in prices, and to use this opportunity to add a few more gold and silver stocks to our portfolio at these now heavily discounted prices. So I don’t see this drop as a negative at all, but as a big opportunity, especially since a few of the gold and silver stocks we have been waiting to drop to purchase in our Member Services had now dropped 25% to 30% in price.

 

On 26 July 2016, after gold, silver, and PM (precious metal) stocks all pulled back in price, I wrote an article stating that the pullback was just temporary, and sure enough, the very day I released that article, gold and silver prices reversed again. And right now, we once again, are in the midst of another gold and silver asset price pullback. This isn’t the first time a significant pullback in prices has happened this year either. Back in May of this year, many gold and silver stocks dropped by more than 20% to 30% before resuming their climb higher. Depending on what Janet Yellen states this Friday in Jackson Hole, gold and silver asset prices may have even a little bit further to fall before reversing.

  Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

The Current Gold and Silver Price Downtrend Will Prove to be Just a Temporary Lull in a Continuing Uptrend, Part 2.

August 23rd, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

On 14 July 2016, after we purchased many gold and silver stocks in early June to add to very solid positions in physical PMs we’ve established since 2007, I sent this bulletin to our Platinum Members: “We may receive some weakness in the share prices of many of the stocks we hold now as they have increased quite strongly in a fairly short period of time, but we will continue to hold them unless stronger evidence arises in the immediate future that the support levels above for gold and silver prices may not hold.” Indeed from 15 July to 26 July, many gold and silver stocks pulled back in price to a fair degree.

On 26 July 2016, after the HUI Gold Bugs Index had pulled back by 9.4%, silver had pulled back 8.8%, and gold had pulled back 4.7% in a month’s time, there was chatter, as always, of a much greater possible continuing fall in gold and silver prices. In response, I wrote this article to dispel that notion, in which I stated my belief that the pullback we were experiencing at the time was only a temporary lull in a continuing uptrend in gold and silver prices that started at the end of last year. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

Meditation is the Key to Becoming a Great Investor

August 19th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

Every once in a while I write about topics that seemingly have nothing to do with investing, but for those that are able to connect the dots, they will actually find great value in these seemingly unrelated topics to wealth building and preservation strategies.

Recently, I wrote about a behavioral phenomenon called the “It Won’t Happen to Me” syndrome that prevents many of us from separating perceived reality from actual reality, and I discussed how acceptance of false precepts about investing and self-preservation can lead us to make wildly irresponsible decisions that are dangerous to our self-preservation, including decisions to do nothing when one should act. One of the easiest things we can do on a daily basis that won’t cost us a penny, yet can help us achieve a tremendous level of clarity that allows us to separate the false paradigms and precepts that we have often already embraced from the staggeringly different reality that often exists, is the simple practice of meditation. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

We’re Well Beyond the Point of No Return Now. Ignore Federal Reserve Policy Statements in Your Wealth Preservation Strategy

August 18th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

On 17 August at 2PM New York time, the Federal Reserve bankers will release minutes from their last meeting and traders may move some markets sharply in a knee-jerk reaction to what is contained in these minutes, but don’t let any irrational responses to Federal Reserve bankers steer your focus away from reality. I’ve been discussing the absurdity of planning an investment strategy around Federal Reserve banker policy statements for a long time now. Just check out my entry here from nearly a year ago, in which I discussed how Federal Reserve bankers absurdly rehashed the same statement for six straight years without ever stating anything new, and then in 2015, started placing interest rate hikes on the table again, but again, absurdly have since issued identical statements with slightly different language that virtually state nothing. Just visit their website and pull any of the archived statements from the past two years and you will encounter, in every statement, language that discusses “possible” interest rate hikes if sufficient progress has been demonstrated in the US economy towards their realized and expected objectives of “full employment and 2% inflation”. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

The Greatest Threat to Future Portfolio Yields is Adoption of the “It Won’t Happen to Me” Syndrome

August 15th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

Before I start today’s article, I just want to clarify one statement from my article about diversification in which I discussed how most gold and silver mining stocks are still undervalued heavily by comparing the cumulative market cap of all gold stocks in the HUI Gold Bugs index to the market caps of well-known single stocks like Apple, Facebook and Amazon. In that article, I posed the question if Apple’s market value really should be more than four times the market value of all the gold reserves and resource held by all the gold companies that comprise the HUI gold bugs index. Obviously, the public factors in the value of a company’s inventory, which in the case of a gold mining company, is its gold reserves and resources, into a determination of whether or not to buy its stock, which consequently affects its market capitalization. Consequently, by that that statement, I was merely referring to the public’s inferred net worth of this gold as represented by the cumulative market capitalization of these gold mining companies as compared to the market capitalization of Apple.

Moving on, today, I’m going to drill down on a human behavioral trait that I’ve discussed in the past, including here, and it’s the danger of the “It Won’t Happen to Me” syndrome. All of us have fallen victim to the “It Won’t Happen to Me” syndrome” at some point in our lives, whether it’s as simple as going swimming in waters where someone has been seriously injured, or even killed, due to a shark attack, or whether it’s ignoring the possibility of bank seizures in our own countries even though it’s already happened in Cyprus and other multiple red flags since then have been raised by the global banking industry themselves about the future possibility of similar events in multiple other countries.

However, when it comes to wealth preservation, falling victim to this belief could prove tragic over the next several years. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

The Bank of England Just Provided Us With More Reasons to Own Gold and Silver

August 5th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

Yesterday the Bank of England cut its main interest rate from 0.5% to 0.25% for the first time, marking its first interest rate change since March 2009, and provided all of us with more reasons to keep converting fiat currencies into physical gold and physical silver. In addition the BOE announced an increase in its QE bond-buying program of £60bn to £435bn. And in response, the British pound immediately fell by 1% to the USD and traders added to their British pound longs, exceeding previous record net long positions in the pound recorded three years ago. I understand that traders are seeking a stronger rebound in the British pound after its plunge post-Brexit, and since the process for the UK to exit the EU has not even begun since the yes referendum vote, traders may be right to assume that the British pound will eventually rebound significantly in strength following this rate cut after people realize that a Brexit yes referendum vote may translate into an indefinite stay of limbo for the UK within the EU. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

Why We Need a Much Better Plan Than Diversification to Survive the Next Couple of Years

August 4th, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

The first time I’ve made the above claim was well over a decade ago, and I’ve stated it many times since, and this time probably won’t be the last time I discuss this topic. However, this year is an especially easy year to make this argument. If commercial fund managers are so insistent that diversification strategies work, then why have the bulk of them completely ignored the best performing asset class of 2016? What kind of diversification is that? (I will refute some of the better-known arguments in response to this question later in this article, so stay tuned.)

Consider that despite the stellar performance of gold mining stocks this year that have been, by far, the strongest performing asset class of 2016 (along with silver mining stocks), and that even with the massive growth in market cap of PM stocks during H1 2016, the total market cap of all the mining stocks that comprise the HUI Gold Bugs index, as of 2 August 2016, is still barely larger than 1/3 the market cap of Facebook and Amazon. In fact, we could own every single company in the entire HUI gold bug index, and their total market cap would incredibly be less than 1/4 the market cap of one company, Apple. Should Apple’s market value really be in excess of 4-times the market value (the cumulative market capitalization) assigned to all the companies that comprise the entire HUI gold bugs index, and all the gold reserves and resources held by them? Should Facebook, a glorified advertising company masquerading as a social networking organization that produces no tangible product, really possess a market value nearly 3 times all the gold mining companies that comprise the HUI Gold Bugs Index? The market will tell us that the answer to both these questions is yes. In my opinion, however, the answer to both of these questions is a resounding no, and I believe that within the next couple of years, the market will violently correct these misconceptions. So even with the great run higher in the prices of gold (and silver) mining share prices, the market is still underpricing these shares considerably. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather

Can You Imagine the Mass Media Headlines if the S&P 500 Index Were Experiencing the Same Year as Gold and Silver Stocks?

August 1st, 2016
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailby feather

Below, you can read the kool-aid infused headlines the mass financial media continues to sell the masses about the US stock market, including, “S&P500, Dow close at all time highs”, “S&P500, Dow eke out all-time closing highs”, “Dow, S&P 500 close at record highs”, and so on, with an article nearly every single day as of late, regarding record heights the US stock markets have been achieving. And just in case you’re not buying into this unsustainable, Central Banker driven artificial ramp-up of stock markets that has been manufactured for political reasons as we approach the November US Presidential elections, Marketwatch wants to remind you that “This aging bull market can grind out more all-time highs” and move even higher, without ever discussing the strong, real risks of buying into such a bloated market.

 

all time highs in US stock markets

 

In fact, Google “US stock market all-time highs, 2016”, and Google’s algorithms will ensure that if you missed the Marketwatch cheerleading and message of “good times are back again”, that you have an additional 33M results that will sell this story. Given the 33M mass media articles trumpeting the all-time highs of the US stock market, all apparently written just this year, one might be misled into thinking that buying US stocks must be the best game in town, right? The only problem is that if you look through all the smoke of the US financial marketing game, all you are left with year to date, had you invested in the US S&P 500 was a 6.64% yield ytd, and in the US DJIA, a 5.90% yield ytd. I suppose next to the woes of many of the top fund managers, such yields look sparkling, even if artificially manufactured out of thin air when the fundamentals do not support them. For example, Credit Suisse strategist Andrew Garthwaite recently wrote in a report to clients that discussed dismal yields for the past couple of years the fact that “his team has come across almost no one who seems to have outperformed or made decent returns this year” and “we have never had so many client meetings starting with statements such as ‘we are totally lost’.” 2015 was supposed to be the year that nothing worked, but apparently, despite the modest gains of US stock markets that are misleadingly being trumpeted as all-time highs that imply huge gains year-to-date, 2016 has also been the year that nothing has worked for many fund managers.

So here is the catch with all the above headlines regarding all-time highs of US stock markets. Read the rest of this entry »

twitterlinkedinrssyoutubetumblrby feather