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China’s Record Dumping Of US Treasuries Leaves Goldman Speechless

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And so it begins …

– China’s Record Dumping Of US Treasuries Leaves Goldman Speechless (ZeroHedge, July 22, 2015):

On Friday, alongside China’s announcement that it had bought over 600 tons of gold in “one month”, the PBOC released another very important data point: its total foreign exchange reserves, which declined by $17.3 billion to $3,694 billion.

China gold reserves revised_0

We then put China’s change in FX reserves alongside the total Treasury holdings of China and its “anonymous” offshore Treasury dealer Euroclear (aka “Belgium”) as released by TIC, and found that the dramatic relationship which we first discovered back in May, has persisted – namely virtually the entire delta in Chinese FX reserves come via China’s US Treasury holdings. As in they are being aggressively sold, to the tune of $107 billion in Treasury sales so far in 2015.

China vs Reserves

We explained all of his on Friday in “China Dumps Record $143 Billion In US Treasurys In Three Months Via Belgium“, and frankly we have been surprised that this extremely important topic has not gotten broader attention.

Then, to our relief, first JPM noticed. This is what Nikolaos Panigirtzoglou, author of Flows and Liquidity had to say on the topic of China’s dramatic reserve liquidation

Looking at China more specifically, it appears that, after adjusting for currency changes, Chinese FX reserves were depleted for a fourth straight quarter by around $50bn in Q2. The cumulative reserve depletion between Q3 2014 and Q2 2015 is $160bn after adjusting for currency changes. At the same time, a current account surplus in Q2 combined with a drawdown in reserves suggests that capital outflows from China continued for the fifth straight quarter. Assuming a current account surplus in Q2 of around $92bn, i.e. $16bn higher than in Q1 due to higher merchandise trade surplus, we estimate that around $142bn of capital left China in Q2, similar to the previous quarter.

JPM conclusion is actually quite stunning:

This brings the cumulative capital outflow over the past five quarters to $520bn. Again, we approximate capital flow from the change in FX reserves minus the current account balance for each previous quarter to arrive at this estimate (Figure 2).

Read moreChina’s Record Dumping Of US Treasuries Leaves Goldman Speechless

Chinese Stocks Slide Into Red After Business Sentiment Crashes To 6-Year Lows

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– Chinese Stocks Slide Into Red After Business Sentiment Crashes To 6-Year Lows (ZeroHedge, July 21, 2015):

After a modesly positive open, Chinese stocks have pushed back into the red after Chinese business sentiment collapsed in July. The MNI China Business Indicator fell a straggering 8.8pts to 48.8 in July (below 50 signifying pessimism) – the lowest since January 2009. It appears the encouraging bounce after the massive creduit injections into June has been eviscerated and future expectations also dropped 6.4 to 54.1 in July (below the long-run average). While bad news is good news for much of the rest of the world, for China, as it continues to try to project a strong underlying economy to sustain its still extremely rich stock market, bad news is bad news.

Weakest business sentiment since Jan 2009…

20150721_chinm1_0

and stocks are not getting a bounce from the need for moar stimulus that this implies…

Read moreChinese Stocks Slide Into Red After Business Sentiment Crashes To 6-Year Lows

Obamanomics? More Chidren Live In Poverty Now Than During Crisis

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obama-puppet

– Obamanomics? More Chidren Live In Poverty Now Than During Crisis (ZeroHedge, July 21, 2015):

For all the back-patting exuberance over manipulated record high stock prices and record periods of illusory job gains, it appears the administration and its Obamanomics forgot one important thing – the children! As USA Today reports, a higher percentage of children live in poverty now than did during the Great Recession, according to a new report from the Annie E. Casey Foundation released Tuesday.

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Meet The Newest Enemy Of Your Financial Privacy: George Clooney

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– Meet The Newest Enemy Of Your Financial Privacy: George Clooney  (ZeroHedge, July 21, 2015):

George Clooney has just released to promote his new non-profit, entitled THE SENTRY – an initiative that “seeks to disrupt and ultimately dismantle the networks of perpetrators, facilitators, and enablers who fund and profit from America’s deadliest conflicts.” Eliminating genocide sounds like an incredibly noble cause; however, in order to do so, Mr. Clooney’s aim is break down financial privacy. The road to tyranny is always paved with the stones of good intentions. Because no matter how many financial regulations get passed, and no matter how far the dictators are chased by Mr. Clooney on his white horse, the fact remains that bad people will always find the resources to do bad things. And in the meantime, the crusade to save the world only serves to make everyone else less free.

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Citi Predicts Greek Hyperinflation Breaks Out In Two Years

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Hyper-Mario-Draghi

– Citi Predicts Greek Hyperinflation Breaks Out In Two Years (ZeroHedge, July 21, 2015):

Earlier, we showed that according to Citigroup (among many) for Greece to have any hope of surviving, it needs a masive debt haircut: the bigger, the better, with Citi tossing out numbers as high as €130 billion. Still, even if Greece does get debt relief, as long as it remains in the Eurozone, its economy has nothing but hell to look forward to.

Here is how Citi previews the next few years:

Read moreCiti Predicts Greek Hyperinflation Breaks Out In Two Years

Define Irony: Greek Banks Refuse To Buy ESM Bonds To Fund Greek Bailout

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– Define Irony: Greek Banks Refuse To Buy ESM Bonds To Fund Greek Bailout (ZeroHedge, July 21, 2015):

In the latest example of what happens when circular funding schemes begin to trip over each other, National Bank of Greece has refused to participate in an auction for paper issued by the bailout fund which is set to recapitalize the Greek banking sector.

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$2800/Mth To Live In Oakland – Where Cops Say Don’t Bother Calling If Your Car Is Stolen

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–  $2800/Mth To Live In Oakland – Where Cops Say Don’t Bother Calling If Your Car Is Stolen (ZeroHedge, July 21, 2015):

Over the last 5 years, rent costs in the city of Oakland have doubled. At $2,807 per month it more expensive to live in Oakland now than it was in SanFrancisco in 2012, so one would expect the city to have ‘cleaned up’, and ‘be safer’? However, as SFGate reports, the city laid off 80 officers today to help eliminate a $30.5 million budget deficit, prompting the department to announce that officers would no longer be dispatched to take reports for most nonviolent crimes. “With current levels of staffing, we are unable to respond to many lower-priority calls,” said Officer Jeff Thomason, a police spokesman.

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Anti-vaccine witch hunt FAIL: Dr. Jack Wolfson cleared of all charges for exercising his free speech rights on the issue of vaccine risks and the stupidity of blind medical obedience

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Jack Wolfson, … interesting name.

As a side note: The paleo diet is highly … NOT … recommended.

Jack-Wolfson

– Anti-vaccine witch hunt FAIL: Dr. Jack Wolfson cleared of all charges for exercising his free speech rights on the issue of vaccine risks and the stupidity of blind medical obedience (Natural News, July 21, 2015):

After Arizona cardiologist Dr. Jack Wolfson spoke out about the potential dangers of vaccines following the contrived Disneyland measles outbreak, he was aggressively attacked by the vaccine medical-industrial complex, which routinely accuses anyone who questions the party line on vaccines as being a danger to society.

Organized by vaccine industry trolls and paid negative PR operatives, a total of 38 complaints were filed against Dr. Jack Wolfson with the Arizona state medical board. This is all part of the effort of the vaccine industry to destroy the credibility of any person who exercises true scientific, rational thought on the issue of risks versus rewards for vaccine interventions in children and adults. The idea here is that if enough punishment and aggression is directed against some doctors who speak out on the issue of vaccine side effects, then all the other doctors who may be witnessing these damaging effects of vaccines will decide to stay silent.

Dr. Wolfson was smeared by the mainstream media while receiving death threats from vaccine trolls

Read moreAnti-vaccine witch hunt FAIL: Dr. Jack Wolfson cleared of all charges for exercising his free speech rights on the issue of vaccine risks and the stupidity of blind medical obedience

470,000 Vehicles At Risk After Hackers “Take Control & Crash” Jeep Cherokee From A Sofa 10 Miles Away

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H/t reader squodgy:

“You can bet your spying Government can already do this…..
or if not, they can buy this from the hackers….”

They can take control over (almost) any car and steer it wherever they want to.

Ask Princess Diana …

– Princess Diana Was Pregnant On The Night She Died – ‘Yes, Imagine That, The King Of England’s Mother, Pregnant With A Muslim Baby’.”

Jeep-Cherokee

– 470,000 Vehicles At Risk After Hackers “Take Control & Crash” Jeep Cherokee From A Sofa 10 Miles Away (ZeroHedge, July 21, 2015):

In what is being called “the first of its kind,” Wired.com reports that hackers, using just a laptop and mobile phone, accessed a Jeep Cherokee’s on-board systems (via its wireless internet connection), took control and crashed the car into a ditch from 10 miles away sitting on their sofa. As The Telegraph details, the breach was revealed by security researchers Charlie Miller, a former staffer at the NSA, and Chris Valasek, who warned that more than 470,000 cars made by Fiat Chrysler could be at risk of being attacked by similar means. Coming just weeks after the FBI claimed a US hacker took control of a passenger jet he was on in the first known such incident of its kind, the incident shows just how vulnerable we are to modern technology.

Read more470,000 Vehicles At Risk After Hackers “Take Control & Crash” Jeep Cherokee From A Sofa 10 Miles Away

FBI Quietly Declassified Secret Files Attesting Hitler Fled To Argentina In 1945

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The Duke and Duchess of Windsor (King Edward VIII and his wife the former Wallis Simpson) visit Adolf Hitler at the Berghof on October 22, 1937.

Related info:

– Video Emerges Of Edward VIII Teaching The Seven-Year-Old Future Queen The Nazi Salute

Hitler+Argentina

– FBI Quietly Declassified Secret Files Attesting Hitler Fled to Argentina in 1945 (Humans Are Free, July 21, 2015):

On April 30 1945, Adolf Hitler committed suicide in his underground bunker. His body was later discovered and identified by the Soviets before being rushed back to Russia. Or was it?

Newly declassified FBI documents prove that the government knew Hitler was alive and well, and living in the Andes Mountains long after World War II.

Read moreFBI Quietly Declassified Secret Files Attesting Hitler Fled To Argentina In 1945

Greek Prime Minister Asked Putin For $10 Billion To “Print Drachmas”, Greek Media Reports

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– Greek Prime Minister Asked Putin For $10 Billion To “Print Drachmas”, Greek Media Reports (ZeroHedge, July 21, 2015):

Back in January, when we reported what the very first official act of open European defiance by the then-brand new Greek prime minister Tsipras was (as a reminder it was his visit of a local rifle range where Nazis executed 200 Greeks on May 1, 1944) we noted that this was the start of a clear Greek pivot away from Europe and toward Russia.

We further commented on many of the things that have since come to pass:

Europe, for one, will be most displeased that Greece has decided to put its people first in the chain of priority over offshore bidders of Greek assets. Most displeased, especially since the liquidation sale of Greece is part of the Greek bailout agreement: an agreement which as the Troika has repeatedly stated, is not up for renegotiation

Read moreGreek Prime Minister Asked Putin For $10 Billion To “Print Drachmas”, Greek Media Reports

The “Smartest Money” Used Last Week’s Surge To Dump Even More Stock

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July 21 cumulative flows by client _0

– The “Smartest Money” Used Last Week’s Surge To Dump Even More Stock (ZeroHedge, July 21, 2015):

Moments ago we got the latest BofA client flow update in which we were expecting to find that the “smart money”, flush with cash, and taking advantage of the Greek “deal” would jump in on last week’s biggest weekly market surge since October 2014 when Bullard hinted at QE4 and unleashed a buying surge. To our surprise we find that not only did “smart” money continue selling, but they were joined by the “smartest” money of all, hedge funds.  And who did they sell to? Why retail investors of course… and corporate buybacks but that should go without saying.

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Greeks Laugh As Bankers Beg Depositors To Return Money

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rofl

– Greeks Laugh As Bankers Beg Depositors To Return Money (ZeroHedge, July 21, 2015):

Banks Union appeals to Greeks to return their money to banks (Keep Talking Greece, July 20, 2015):

President of Greek Banks Association Louka Katseli appealed at the citizens to return their money to the banks. “Banks are absolutely trustworthy,” Katseli told Mega TV “as guaranteed by the ECB and the Bank Association, but they would have been even more powerful if 40 billion euros had not been withdrawn in the last months.

Katseli, a former PASOK Minister, appealed to citizens to return their deposits  to the banks “now that the banks are open” after a three-week holiday and capital controls.

“Let’s all help our economy,” Katseli urged Greeks and added “If you take your money out of your chests and houses – which are not safe in any case – and deposit at banks, this will enhance liquidity.”

“There will be no need to “haircut” deposits in the future if we all act responsibly,” she added -cheerfully I suppose.

Katseli’s appeal triggered laughter among Greeks and one stressed with hint to capital controls “Oh yes! I will bring my money back to the bank and get it back 60 by 60 euro.”

Another one noted “Ah sure! Banks will never see my money again, I prefer to buy tonnes of peanuts with it.”

Read moreGreeks Laugh As Bankers Beg Depositors To Return Money

Former High Ranking US Senator Wants To “Hang Edward Snowden On The Courthouse Square”

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Justice

– Former High Ranking US Senator Wants To “Hang Edward Snowden On The Courthouse Square” (Liberty Blitzkrieg, July 20, 2015):

“We need to hang him on the courthouse square as soon as we get a hold of him.”
– Former vice chairman of the Senate Select Committee on Intelligence, Saxby Chambliss, on Edward Snowden

It appears the past few days have represented a sort of coming out party for formerly powerful players in the U.S. government to showcase their fascist tendencies. Earlier today, I highlighted General Wesley Clark’s clear suggestion during a MSNBC interview that Americans who are “disloyal” should be forcibly separated from the “normal” general population through the use of WWII style internment camps.

In the latest display, video has emerged of former Republican Senator, and ex-vice chairman of the Senate Select Committee on Intelligence, saying that Edward Snowden should be hanged in the courthouse square. What ever happened to fair trials?

From the Hill:

Read moreFormer High Ranking US Senator Wants To “Hang Edward Snowden On The Courthouse Square”

Greece Needs A €130 BILLION Debt Haircut: Citi

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– Greece Needs A €130 Billion Debt Haircut: Citi (ZeroHedge, July 21, 2015):

“The size of the required ‘upfront’ (i.e. to be introduced in 2016) principal haircut to be €110bn (60% of annual Greek nominal GDP in 2014). Note that we do not see much difference in an alternative scenario based on a ‘tranched’ principal haircut framework (of around €15bn per year), also starting in 2016. However, a ‘backloaded’ (i.e. to be introduced in 2022) approach relying on a single haircut would be more expensive, amounting to €130bn (72% of annual Greek nominal GDP in 2014).”

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What Happened The Last Time The Mainstream Media Unleashed The Anti-Gold Artillery

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GOLD

– What Happened The Last Time The Mainstream Media Unleashed The Anti-Gold Artillery (ZeroHedge, July 20, 2015):

With the mainstream media onslaught against precious metals climaxing this weekend as WSJ’s Jason Zweig proclaimed gold “like a pet rock,” describing owning gold as “an act of faith,”we thought it worthwhile looking back at the last time ‘everyone’ was slamming gold and entirely enthused by the omnipotence of central bankers… May 4th, 1999 – “Who Needs Gold When We Have Greenspan?”

Over 16 years ago, The New York Times’ Floyd Norris unleashed the last big gold slamming piece topping a period of precious metal bashing…

Read moreWhat Happened The Last Time The Mainstream Media Unleashed The Anti-Gold Artillery

“Keiser Report” Episode 786 – Greece For Sale (Video)

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H/t reader M.G.:

“Greedy guts carving up Greek Isles…………This is criminal.”


21.07.2015

Description:

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Greek prime ministers bearing referendums as privatisation schemes move full steam ahead as billionaires and celebrities begin buying up Greek islands on the cheap. In the second half, Max interviews Eddy Travia of Coinsilium.com about the company’s upcoming IPO on the Alternative Investment Market (AIM) in London. Coinsilium Group facilitates the implementation of blockchain technology products and services alongside media and corporate advisory services.

Recorded from RT, Keiser Report , July 21, 2015

Multinational Armed Forces Are Training to Enslave Every Modern Nation Following An Economic Collapse

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FYI.

trident-juncture-2015

– Multinational Armed Forces Are Training to Enslave Every Modern Nation Following An Economic Collapse (Common Sense Show, July 21, 2015)

martial-law-signs
These signs are being carried by truck drivers all over this country.

Related info:

– Some American Military Units Are Being Disarmed In Preparation for Civil War

– GeoINT: Casting A Neural Net On Humanity – RFID Not Required! (Video)

– The JADE’ In Jade Helm 15 Is An A.I. Software Program (Video) – A FEMA Camp on Every Block and the Construction of Mass Burial Sites by Jade Helm Personnel

GeoINT: Casting A Neural Net On Humanity – RFID Not Required! (Video)

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JADE HELMbrain1

Flashback:

– Main Core (The Last Roundup): A List Of Millions Of Americans That Will Be Subject To Detention During Martial Law

– DJ of Level 9 News: GeoINT: Casting A Neural Net On Humanity (Oath Keepers, July 15, 2015):

DJ published the below video on her Level 9 News YouTube channel on May 29, 2015. As of this writing the video has 11,570 views, meaning that 11,570 individuals now know the bigger picture which looms much larger behind the appearance (the “symptom”) called JADE HELM 2015. This may be one of the most important videos anyone will see this year.

We are looking at the takeover of world rulership by a system of quantum computers erected and directed by globalizing socialist financiers who control the world’s regional economies and leverage dispersion of multiple international governmental assets and corporate sector businesses to promote their plans for a “New World Economic Order” being operated by both “state” and “non-state” Actors. The American Constitution is the last obstacle these financiers must conquer, so they are mapping the human terrain with plans to “Master The Human Domain”. DJ identifies their technology along with their intent.

Help us spread this around, eh? Send your friends to DJ’s channel —  https://www.youtube.com/watch?v=3TDAowceJgI

Skynet

Related info:

– The JADE’ In Jade Helm 15 Is An A.I. Software Program (Video) – A FEMA Camp on Every Block and the Construction of Mass Burial Sites by Jade Helm Personnel

Some American Military Units Are Being Disarmed In Preparation for Civil War

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Police-State-Big-Brother-Prison-Grid

– Some American Military Units Are Being Disarmed In Preparation for Civil War (Common Sense Show, July 19, 2015)

* * *

Related info:

– GeoINT: Casting A Neural Net On Humanity – RFID Not Required! (Video)

– The JADE’ In Jade Helm 15 Is An A.I. Software Program (Video) – A FEMA Camp on Every Block and the Construction of Mass Burial Sites by Jade Helm Personnel

UK’s Cameron: Jewish-Centric Conspiracy Theories Must Be Challenged

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TRAITOR-Cameron

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Not a slip:

– President Obama: “We’re Training ISIL” (Video)

* *  *

ISIS is an operation run by the CIA and the Mossad … (Links are down below.)

 

– UK’s Cameron: Jewish-centric conspiracy theories must be challenged (Times of Israel, July 20, 2015):

British PM to announce 5-year plan to combat home-grown Islamic extremism and radicalization in face of growing popularity of IS

Conspiracy theories of a powerful Jewish cabal or a Western plan to destroy Islam must be challenged in efforts to counter radicalization, British Prime Minister David Cameron will say on Monday.

In a speech in the central English city of Birmingham, Cameron is to announce a five-year plan to tackle home-grown Islamic extremism and help communities integrate in Britain.

Read moreUK’s Cameron: Jewish-Centric Conspiracy Theories Must Be Challenged

The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe

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EU-Poster-Tower-Of-Babel

– The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe (Economic Collapse,. July 19, 2015):

The President of France has come up with a very creative way of solving the European debt crisis.  On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing Europe would be for every member of the eurozone to transfer all of their sovereignty to a newly created federal government.  In other words, it would essentially be a “United States of Europe”.  This federal government would have a prime minister, a parliament, a federal budget and a federal treasury.  Presumably, the current national governments in Europe would continue to function much like state governments in the U.S. do.  In the end, there may be some benefits to such a union – particularly for the weaker members of the eurozone.  But at what cost would those benefits come?

Read moreThe President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe