Saturday, July 4, 2015

FBI WANTS PIRATE BAY LOGS TO EXPOSE COPYRIGHT TROLLS




"The most frightening words in the English language, We're from the government and we want to help you!" - Ronald Reagan"  -AK  


FBI WANTS PIRATE BAY LOGS TO EXPOSE COPYRIGHT TROLLS
BY ERNESTO
ON JULY 3, 2015

BREAKING

Over the past months two Pirate Bay co-founders have been questioned by Swedish police, acting on behalf of the FBI. The officers were looking for information on Pirate Bay backups and logs as part of an investigation into the honeypot scheme of the notorious Prenda copyright trolls.

Over the past few years copyright troll law firm Prenda crossed the line on several occasions.

Most controversial was the clear evidence that Prenda uploaded their own torrents to The Pirate Bay, creating a honeypot for the people they later sued over pirated downloads.

The crucial evidence to back up this allegation came from The Pirate Bay, who shared upload logs with TorrentFreak that tied a user account and uploads to Prenda and its boss John Steele.

This serious allegation together with other violations piqued the interest of the FBI. For a long time there have been suspicions that the authorities are investigating the Prenda operation and today we can confirm that this is indeed the case.

Troika Approved: Soylent Greeks

While the World Watches Greece THIS is Happening





While the World Watches Greece THIS is Happening

Submitted by Capitalist Exploits on 07/03/2015 17:17 -0400


By Chris at www.CapitalistExploits.at

Watching the ongoing Greek saga unfold is enough to make a blind man grimace. Capital controls which could be seen coming down the track like a freight train are but one more notch on the disaster stick called European Monetary Union.

Why talk of Greek debt negotiations is even taking place at all is the height of absurdity. It's akin to discussing how large an area of the desert should be dedicated to growing lettuces. The answer which no Eurocrat is prepared to acknowledge is, "Who cares? Nobody should be so daft as to grow lettuces in the desert".

Let's all be honest, shall we. What we're talking about here is foreign aid. It's not about debt repayments. Nobody is getting repaid. Anyone still clinging to that hope is simultaneously still waiting for Santa to come down the chimney, the Easter bunny to show up and for "liberating" forces to find weapons of mass destruction in Iraq.

Let's just table debt talks, call them what they are, which is foreign aid, and move this thing along. The problem with acknowledging the ugly truth is that German banks would then have to write down those "assets" on their balance sheets: "Jeez, it'd just be so much easier if we could keep them at par value and ensure we pick up that bonus at year end. And so we must endure more saga and carry on this game of pretense".

While I could spend time on Greece, what I'm more interested in is what few are paying attention to while this Greek saga unfolds.

That is what is going on with the Chinese yuan.

We've recently made the argument for a weakening yuan. My friend Brad and I both went up against the yuan late last year and Brad detailed his thinking in October of last year, then again in December, where he delved into the Chinese banking system, and once again in March of this year.

That, ladies and gentlemen, is our current bias. We're currently short. It's important to establish one's bias early on in order to attempt to understand any argument, so now you have ours. Often fund managers are selling a product which leads them into making decisions which have more to do with an agenda than with sufficient critical thought.

Let me say therefore that we have an opinion right now. But since we are not selling any product, hopefully we can keep our minds open.

Let's see where we get to and then I'm going to show you why we have a decent crack at making money without having an opinion either way.

By many accounts the yuan is one of (if not THE) most overvalued currencies in the world right now. But there are just as many well thought arguments arguing the opposite saying that it is indeed undervalued.

Gold Bullion Dealer Unexpectedly
"Suspends Operations"
Due To "Significant Transactional Delays"




Word around the water cooler is there is a massive underground repository of gold in Xianjiang provence that serves as a remote "physical ownership complex" of gold, where gold is moved from one "owner" to another "owner" within this huge complex without the requirement of actually flying it around the world in airplanes (which risks theft of the gold).  The rumor is the earthquake affected this repository and therefore the "transfer" of physical gold within it.  This blog is attempting to verify that rumor.  But like the Zerohedge article below says.... whether its paper gold markets, ETFs, or a repository in China that acts as a remote physical proxy custodian of gold, Zerohedge's advice applies "...our advice to buyers of physical precious metals is the same as always: if you purchased it and you can't hold it in your hand, it isn't yours." The earthquake could explain why Bullion Direct shut down operations. AK



Gold Bullion Dealer Unexpectedly "Suspends Operations" Due To "Significant Transactional Delays"

Submitted by Tyler Durden on 07/03/2015 17:40 -0400

What makes the current sovereign default episode different from previous ones is the uncanny stability and lack of buying of "fiat remote" assets such as gold and silver, and to a lesser extent, digital currency such as bitcoin. Indeed, all throughout the Greek pre-default escalation and ultimately, sovereign bankruptcy to the IMF, it seemed as if there was an absolute aversion to the peak of Exter's inverted pyramid.

What is even more surprising about the lack of any gold price upside is that it is not due to lack of demand. Quite the contrary, because as Bloomberg wrote last week, "European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro."

Demand from Greek customers for Sovereign gold coins was double the five-month average in June, the U.K. Royal Mint said in an e-mailed statement. CoinInvest.com, an online retailer, said sales on Saturday and Sunday were the highest since Cyprus limited cash withdrawals in 2013, driven by a jump in German, French and Greek buyers.

Investors are searching for a safe haven after Greece imposed capital controls, closed banks and stopped selling gold coins to the public until at least July 6. Chancellor Angela Merkel on Monday said Germany is still open to negotiations if Greece wants.

“Most of our common gold coins are sold out,” Daniel Marburger, a director of Frankfurt-based CoinInvest.com, said by phone. “When people learned that the Greek banks will be closed, they started to think that it may not be such a bad idea to have some money in gold.”

The bullion dealers themselves are enjoying a jump in sales to retail customers:

GoldCore Ltd., which buys and sells bullion, reported coin and bar demand rose “significantly” on Monday. Sales to U.K. and Ireland today are about three times the average for the past three Mondays, the Dublin-based firm said in an e-mailed statement.

The U.S. Mint has sold 61,500 ounces of American Eagle gold coins this month, the most since January.

BullionVault, which says it operates the largest online physical gold trading platform, reported a jump in sales during the first half of this year, a sign of a broader increase.

However, it is the "paper" gold market where things were most perplexing in recent months. Recall that, as Zero Hedge broke and first reported, in the first quarter of the year, or the same time the Syriza government took power, something very dramatic took place in the US derivatives market, where first JPM saw an absolute explosion of its commodity derivative holdings (a broad umbrella which is not broken down further):




... coupled wih Citi's surge in "precious metals" derivatives which soared from $3.9 billion to $42 billion.



But what is most confusing is how even as physical metal demand clearly rose across Europe in the past few months and the price of paper gold actually declined, perhaps facilitated by some "hedged" derivative positions on the short side of precious metals, some bullion dealers have actually found it impossible to survive, and in the last few days at least one major gold bullion dealer, Bullion Direct, greeted customers with the following notice on its website:
Bullion Direct has experienced significant transactional delays. To avoid further inconvenience or other adverse consequences to our customers, Bullion Direct is suspending its operations as it attempts to resolve those issues. We intend to keep you informed at this website. Thank you for your patience.




Just what are "significant transactional delays" and how bad is the physical gold supply-chain if it can put at least one dealer out of business? Another question: is this a solitary failure by gold vendor due to a one-off problem with working capital, or is something more systemic about to be revealed in the gold bullion sales industry?

We look forward to finding out, but in the meantime our advice to buyers of physical precious metals is the same as always: if you purchased it and you can't hold it in your hand, it isn't yours.

Matt Damon Speech on the Elites and Control by Obedience to Them....

Matt Damon and Emily Blunt in The Adjustment Bureau



Found at: http://goo.gl/LErDmh which originated here:  https://goo.gl/pV0eo6

Gaia Portal: Enrapturings are finished



Enrapturings are finished
by √ČirePort

Enrapturings are finished.

Essentials are incorporated into all Energetic up-levelings as their absence precludes existence.

Last messages have been heard.

First messagings of the New Era are recognized by the seekers.

Finalities are no more.

The moment is now.

√ČirePort | July 4, 2015 at 09:37 | Categories: Uncategorized | URL: http://wp.me/p2sFUY-v7

China sets up largest gold sector fund for nations along ancient Silk Road


http://currentaffairs.gktoday.in/china-sets-largest-gold-sector-fund-nations-ancient-silk-road-05201523033.html

China sets up largest gold sector fund for nations along ancient Silk Road

May 25, 2015

China has set up a gold sector fund involving 65 countries along the ancient Silk Road. It has been set up in China’s northwest Xi’an city during ongoing forum on investment and trade.

The fund will be led by Shanghai Gold Exchange (SGE) and is expected to raise 16.1 billion dollars in three phases. It should be noted that it is the largest fund set up by China in the gold sector.

Around 60 countries which fall along the routes of 21st-Century Maritime Silk Road (MSR) and Silk Road Economic Belt have invested in the fund.

This fund will facilitate gold purchase for the central banks of member states to increase their holdings of the precious metal. It will be also invested in gold mining in countries along the Silk Road and also to increase exploration in countries such as Afghanistan and Kazakhstan

At present, China is the world’s largest gold producer and also a major importer and consumer of gold. But its share in international gold trade is very small and does not have a big say in gold pricing.

By setting up this fund China is seeking to increase the influence of its domestic currency Renminbi (RMB) in the international gold pricing by opening the domestic gold market to international investors.

Happy 4th of July!

For Jilly! 

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