India Bans Largest Bills Without Warning

Indian Rupee
Indian Bans Bills Without Warning

India abolished banknotes last night without warning, triggering trading chaos in the country. As of midnight Wednesday, 500 and 1,000 rupee notes are no longer valid. Many ATMs are closed, and stores will no longer accept bank notes, which are the highest denominations in India. Even hospitals are reported to say no, even though they should have received an exemption from the flash operation.

The decision was announced late Tuesday night, just hours before it took effect. All 500 and 1,000 rupee notes must be exchanged in banks, and the idea is that this will attract large amounts of black-market money.

New 500 and 2,000 rupee notes are scheduled to be released on Thursday, but in a country with over a billion inhabitants, where very many manage all their business with cash, the changeover will be catastrophic.

“Life will be harder for everyone, from the poorest to the richest,” said the assessor Swaminathan Aiyar in the news channel ET Now.

In anticipation of the new banknotes reaching out is the highest denomination is 100 rupees (1.5 USD).

Hillary Heard a Fly Buzz When She Died

A fly landed on Hillary’s face during the October 9 presidential debate between Donald Trump and Hillary Clinton, and I was immediately reminded of a poem by Emily Dickinson.

I heard a Fly buzz – when I died – (591)
By Emily Dickinson

I heard a Fly buzz – when I died –
The Stillness in the Room
Was like the Stillness in the Air –
Between the Heaves of Storm –

The Eyes around – had wrung them dry –
And Breaths were gathering firm
For that last Onset – when the King
Be witnessed – in the Room –

I willed my Keepsakes – Signed away
What portion of me be
Assignable – and then it was
There interposed a Fly –

With Blue – uncertain – stumbling Buzz –
Between the light – and me –
And then the Windows failed – and then
I could not see to see –

I find it fitting on many levels, metaphorically and literally. Literally: a fly actually landed on her face and she is in poor health. Metaphorically: her campaign is dying, and her criminal career is over. If you look deeper into the poem, flies are often associated with Beelzebub, the Lord of the Flies, the devil. In the end of the poem, the fly comes “Between the light – and me.” In other words, the devil is blocking her journey into the light as she closes her eyes and dies. Fitting indeed!

Swedish MSM Web Sites Simultaneously Remove Comment Sections

Swedish CensorshipIn recent months, all Swedish main-stream media (MSM) have simultaneously removed comment sections from their websites, thereby silencing the voice of the people. What could have possibly caused this “coincidence” on such a broad scale?

Background

I’m an American who has been living in Sweden for over 18 years.  When I first moved here, the culture was as homogeneous as milk. Back then, in a city of 125,000 people, I could go for weeks without seeing a single non-white person.  This is not hyperbole; virtually everyone was a blonde, blue-eyed Swede.  Back then, I was easily spotted as an outsider–even though I’m white–because I didn’t carry myself like a Swede. Fast forward to 2016, and this once traditional Swedish city is unrecognizable. The streets are swarming with refugees. Beggars have taken permanent residence in front of every grocery store, even in the suburbs. Crime is on the rise, and there have even been bombings down town.  Even at this very moment, there is a newsflash about a hand grenade that was thrown into an apartment in Gothenburg, Europe’s terrorist-training capital. The police are reporting that it’s “merely gang violence.”  But the Swedish police, like other countries in Europe, have been instructed not to report ethnicity of the criminals anymore because they don’t want to play into the hands of the “extreme” right.  For example, just as the German police tried to cover up the gang rapes on New Year’s Eve, the Swedish police tried to cover up sexual assault committed by refugees at the We Are Stockholm festival.

This is a sore point. Sometimes we dare not say it like it is because we believe that it plays int the hands of the Sweden Democrats.

Swedish Police Chief Peter Agren.

Changing Tides

Politically, I was very much an outsider in Sweden when I first moved here. I spent a lot of time commenting on Swedish MSM web sites.  Rarely did anyone agree with my anarcho-capitalist ideas, and I was often censored for even the most unprovocative comments.  About 2 years ago, however, there was a change of attitude in the comments of main-stream Swedish websites. Almost over night, I went from being a lone outpost, to being the voice of the majority. Every day I noted that there were more and more comments that could’ve been written by me.  People were questioning the motives of the central banks, of the EU and the main-stream agenda.  This might sound rather tame if you’ve already taken the red pill, but this was a a profound change in the Swedish mentality, considering that average Swede used to worship the government unquestionably.

In the begging of this change, the comments focused on economics, the injustices of the welfare state, the hypocrisy of government etc. But in the last year or so, the majority of the comments shifted to anti-immigration sentiments.  Swedes, like much of the West, are fed up with having refugees forced upon them by the globalist elite. At first, the media outlets disabled comments on articles about crime and refugees, but then the anti-refugee comments spilled over to other articles.  In the end, no matter what the subject of the article was, the comments morphed into rage against forced immigration.

Simultaneous Censorship

Around February 2016, the comment sections of one of Sweden’s largest economic sites, Dagens Industri, experienced “technical difficulties.”  Old comments remained on the site, but new comments could not be posted due to these “technical difficulties.”  The problem persisted for a couple months, if I remember correctly.  Then one day, the comments disappeared altogether across the entire site.  Image that.  A quick glance at other MSM sites in Sweden reveals that all of the major Swedish MSM websites have removed their comment sections:

I did find one site that still has some comments: Sydsvenskan. But judging by the lack of comments, it’s probably highly censored.  Note also that comments are disabled, for example, on this article about yet another bombing in another Swedish city.

What Next?

So what happens next, when people are no longer allowed to express their opinions and debate in open forums?  Will the Swedes continue to bend over and take it, or will the viking spirit return?

Gift Idea: Real Silver Treasure for Your Kids

Real Silver Treasure Chest

Looking for that perfect gift for your kid’s birthday? Instead of buying plastic crap that’s made in China, how about getting a treasure chest full of real silver coins! I usually put a silver coin in the kids’ Christmas stockings, and sometimes I use silver coins as a part of the gift wrapping for special birthday presents. On the next special occasion, however, I’m giving the kids a treasure chest full of real silver that I just found at BGASC.

This miniature treasure chest is filled with 100 1-gram Silver Salmon Rounds by Monarch Precious Metals for a total of 100 grams. Not only is it a fun way to teach the kids about sound money, it’s also a convenient way to stock up on silver in a compact storage box. The small wooden pirate chest contains 100 1-gram rounds with plenty of room to spare for even more loot! The small metal swivel latch will keep your treasure chest fastened shut when not in use.

So what are you waiting for? Head on over to BGASC, and get your silver treasure chest today! After you receive your order, be sure to come back and write a review of BGASC.

The unique 1 gram Silver Salmon Round is a fractional silver round, skillfully made by hand by the Monarch Mint. Sheets of .999 fine silver are hand rolled, blanks are individually cut by hand, and the design is hand stamped on the obverse (front) and reverse (back). Because they are made by hand, no two rounds are exactly alike. Imagining the labor involved to produce large quantities of these fractional silver rounds makes us appreciate them even more.

The obverse (front) of the round reads “Monarch Precious Metals” with the signature MPM crown logo. The reverse (back) is marked “One Gram, .999 Fine Silver” and features a Pacific Northwest salmon in honor of MPM’s home state of Oregon, USA.

Silver Treasure Highlights

  • The chest contains 100 grams of silver.
  • Each round contains 1 gram of .999 fine silver.
  • Each coin is hand cut and stamped.
  • Symbolic Salmon design.
  • Fractional silver is easy to trade.
  • Funfor the kids!

Headquartered in southern Oregon’s beautiful Rogue Valley, the Monarch Precious Metals Mint hand pours and marks all of their silver bullion investment products the old fashioned way, giving them a unique look that collectors love.

Hannes Tulving Sentenced 30 Months in Prison and $10 Million in Fines

Hannes Tulving
Hannes Tulving

Hannes Tulving of The Tulving Company–which filed for Chapter 11 Bankruptcy protection on March 11, 2014–has been sentenced to 30 months imprisonment and $10 million in fines. Of course the $10 million goes to the government, and not the 380 customers that he defrauded for over $15 million.

Full Press Release

CHARLOTTE, N.C. – A coin and precious metals dealer and his company responsible for defrauding more than 380 customers of over $15 million were sentenced in federal court late Wednesday, February 17, 2016, announced Jill Westmoreland Rose, U.S. Attorney for the Western District of North Carolina.  U.S. District Judge Max O. Cogburn, Jr. sentenced Hannes Tulving, Jr., 60, of Newport Beach, California to 30 months in prison and three years of supervised release.  The company was ordered to pay a $10 million fine and was placed on a probationary period of two years.  Judge Cogburn reserved his ruling on the amount of restitution owed by Tulving and the company for 90 days.

Matthew Quinn, Assistant Special Agent in Charge of the United States Secret Service, Charlotte Field Division joins U.S. Attorney Rose in making today’s announcement.

According to the filed court documents and statements made in court, Hannes Tulving was the sole owner, shareholder and president of The Tulving Company, Inc. (Tulving Co.), a California-based business that sold coins, bullion, and other precious metals over the Internet.  Court records show that from about August 2013 to January 2014, Tulving and his company executed a scheme to defraud customers nationwide by inducing them to place orders for coins and other merchandise knowing those orders could not be fulfilled.  Court records show that the customers paid for the merchandise expecting their orders to be delivered within a certain time frame as advertised on the company’s website.

Court documents show that Tulving and his company accepted the customers’ payments but failed to deliver some of the merchandise.  Instead, they diverted the customers’ payments to fulfill other customers’ orders, to pay company debts and to return the money to previous customers who did not receive their merchandise.  According to court documents filed in the case, the defendants defrauded more than 380 victims nationwide of over $15 million.  Hannes Tulving and the Tulving Co. each pleaded guilty to one count of wire fraud in August 2015.

In handing down Tulving’s sentence, Judge Cogburn noted what a staggering amount of money was stolen from the victims in such a short period of time.  He also noted the seriousness of the offense and said that, “People were seriously harmed and their lives are affected.  These people saved up money and they were hurt.”

Hannes Tulving will be ordered to report to the Federal Bureau of Prisons upon designation of a federal facility.  All federal sentences are served without the possibility of parole.

The U.S. Secret Service handled the investigation.  Assistant U.S. Attorney Kevin Zolot prosecuted this case.

Source: justice.gov

In other news, Jon Corzine, who stole $1.6 billion from MF Global clients, is still walking freely.

Swedish Central Bank Lowers Interest Rate to -0.5 Percent

The Swedish central bank, Riksbank, lowered the interest rate to -0.5% at 09:30 this morning (local time). Stefan Ingves,  governor of the Swedish central bank, presented his new record-low interest rate from the Governor House in Stockholm. The interest rate was lowered to -0.5 percent from the previous -0.35 percent.

Usually when central banks lower interest rates, the market rebounds, but the Swedish stock market index, OMX30, dropped another 1% immediately after the announcement, landing around -3.0%, where it’s hovering now. With the OMX30 at -13% for the year, and a looming housing bubble about to pop, it appears that the Swedish central bank is out of ammo.

Swedish Housing Bubble
Compare the current housing bubble in Sweden to the 1990s bubble. Then consider that the world’s second-highest taxed population with a government that is hostile towards business is undergoing a stock market crash and a refugee crisis, and you have a recipe for pain and disaster.

ECB Headquarters Under Attack in Frankfurt, Germany

ECB Under AttackProtestors are rioting at the opening of a the new European Central Bank headquarters in Frankfurt, Germany.

The bankster defense force, aka the police, have set up barbed wire outside the bank’s new building to protect their masters. At least one police officer has been injured.

Main-stream media was quick to label the demonstration as an “anti-austerity” movement, so it seems like this event has already been co-oped and will be spun into something other than a revolt against the banks.

Swedish Central Bank Lowers Interest Rate to Zero

Stefan IngvesAt 9.30 this morning, the Swedish central bank, Riksbank, lowered the interest rate to 0%. Stefan Ingves,  governor of the Swedish central bank,  presented his new record-low interest rate from the Governor House in Stockholm. The interest rate was lowered to 0 percent from the previous  0.25 percent.

Sweden is often hailed as a socialist paradise, but obviously something is gravely wrong when 0% interest rates are required to keep the nation afloat. Not only are Swedes burdened with the highest taxes in the world, they are also drowning in personal debt, and they are facing an enormous housing bubble that is busting at the seams. Maybe Ingves’ zero-percent policy can kick the can a little further, but what comes after that?

Scotland Independence

ScottlandScotland is voting for its independence from the United Kingdom today. I predict independence will be denied. Whether by honest voter turn-out or government conspiracy, there is simply no way that the powers that be (TPTB) will let the slaves secede and abscond with all that oil. If Scotland secedes, the next thing you know, we’ll have people all over the world thinking freedom is an option, and TPTB can’t let that happen. Frankly, I’m amazed that they even let them vote on it.

There is one, and only one, way that Scotland will be allowed to secede, and that is if TPTB decide to use their secession as an excuse to kick off the global economic implosion that has been in waiting since the  2008 appetizer.  You can imagine the headlines already: Unforeseen Consequences of Scottish Independence Cause Global Meltdown. Oh me oh my.

Employment: Perception vs Reality

For over five years, we’ve been told things are recovering slowly; we’re not quite there yet, but things are getting better. MSM talking heads show us charts of unemployment slowly going down, and employment slowly going up, but they don’t show us the big picture. When Obama makes things perfectly clear, he never reveals the gravity of the situation.

Unemployment Perception vs Reality