Showing posts with label Euro. Show all posts
Showing posts with label Euro. Show all posts

Thursday, March 28, 2013

Video-Jim Rogers on CNBC 3/28/13 - "Get your money out of the Banks, they are going to loot it". WOW - CNBC agreed.


Update - 5:30 PM The video is no longer available on CNBC.  But I have captured it and will put it on, when I have it uploaded on youtube. It is now uploaded.    I gather, they really don't want it broadcast out again.   :)

Video of Jim Rogers on CNBC this morning 3/28/13:  "If politicians say don't worry, then understand you have to worry and they will loot your bank account.  Run for the hills and hurry to get your money out"  IMF condoning stealing of people's money.    He says don't trust any politician, if you do, you will go bankrupt quickly.   Amazing the CNBC reporter agreed with him.

Short to the point segment.  Get your money out of the banks!

Here is the copy of Jim Rogers on CNBC, since they took down their video. I was able to capture it.



5:45 PM It looks like they have fixed the video and it is up again. I will still keep mine above, in case something happens to this one again.




UPDATE 3/30/13 -  

FDIC and BOE paper: One Controlling Entity for U.S./U.K. Financials. Plan for continuity of banks/money from "top down" and taking depositors money  From FDIC's own website! 


Added 3/30/13 - Video -  IMF wants a $1.40 gas tax in U.S. for climate control and how East is Rising West is dying.    They obviously are going to suck money from the people anyway they can! 

Thursday, March 21, 2013

Russian PM Medvedev, berates EU Chief. Moscow no warning of Cyprus levy. Russia may reduce holdings of Euro to Gold!



I had written that Putin has become the most powerful man in the world due to how the EU has handled Cyprus.  The fate of the Euro could be in the Russian's hands.  What will they do with it?   The talks between the Cyprus Finance minister and the Russians have gone no where, from all reports.   But is that simply the poker hand being played by Russia?  In the mean time the EU has set a deadline of Monday for Cyprus as the "do or die" date.  


Where does it really start getting interesting?

Russian Prime Minister Dmitry Medvedev berated the EU chief for the handling of Cyprus.  It appears, Russia was not given a warning on how the ECB planned on levying the deposits in Cyprus as part of the bail out. 

What else did he do when berating the EU chief?  He threatened to reduce Russia's holdings in the Euro.  

Now think about that one.   The highest stakes poker hand is being played right now between Russia and the Western Bankers.  The Western Bankers had thought they would be sly and get billions of Russian money.   

Besides all the Russian 'mob' money we have heard about in Cyprus.  I have found that Russian government entities use Cyprus too for their banking.   So it is not just mob money, but above board Russian government money that would be stolen by the EU.   

Portion of article linked:


Russian Prime Minister Dmitry Medvedev humbled European Commission chief Jose Manuel Barroso in public remarks on Thursday (21 March) over the EU's handling of Cyprus.
Speaking alongside Barroso at a conference in Moscow, he called the EU's original Cypriot bailout idea "to put it mildly, surprising … absurd ... preposterous."
He upbraided EU institutions for failing to give Moscow due notice of its decision.
Earlier the same say, he told Russian newswire Interfax that he is thinking of reducing Russia's holding of euro-denominated currency reserves.
In a sign of broader Russian upset, Leonid Grigoriev, an academic and a former Russian deputy finance minister, told a separate news conference that Russian money is no longer safe anywhere in the EU.

We know Russia is pissed.  Yet we are hearing nothing is coming from the talks between Russia and Cyprus.  Is that just part of the game?  The ECB is showing their desperation now by giving a time line to Cyprus.  That time line, if you think about it, is to Russia too.  Russia has a huge stake in what happens to Cyprus.   So they are all calling each other's hand and raising the stakes with those hands. 

I have been going to Cyprus online News sites and reading all the local articles besides the comments from the Cyprus people.   

But I found a cryptic type blurb in an article from the financials:


Russia is supposedly reconsidering the EUR in the structure of its gold and forex reserves in light of the Cyprus situation – an undertone threat in retaliation to European authorities’ obsession with Cypriot Russian deposit accounts.




Medvedev did not mention Gold in his berating of the EU chief Barroso, when he threatened to reduce their Euro holdings.  Yet the Forex writer has the reduction going to Gold.  Where did he get that information?  

The situation is obviously very fluid.  But Putin is not dumb and I firmly believe there is a "Plan A" on Russia's end with Cyprus, but he has to let the EU show how they are willing to steal everyone's money which will cause more panic at the Western Banks.  

I firmly believe this is the Highest stakes poker game ever played.  One hand is Russia and the other is the EU and Western Bankers.  

Questions to know who may win: 

 Who has been accumulating Gold and actually has it in hand, without leasing it out?  Then who only pretends there is gold, where there is none?  



Who is printing money to keep the fake economy going and the banks 'looking' strong?  

Who is not printing money but actually has been creating an economy without using the dollar and Western Banking?    Hint:  Russia, two years ago began getting rid of Western Bankers in the country. 

Portion (article from 2011):


 The Kremlin has driven out some of the biggest Western retail banks and now has two tanks on the investment-banking lawn,” said Eric Kraus, an independent asset manager in Moscow who previously worked as a strategist for Otkritie Financial Corp., a brokerage partly owned by VTB. “Sberbank’s arrival will make the competition nervous because VTB’s investment bank almost destroyed Deutsche Bank in Russia.”


What country has created a tight relationship with China and they now trade between each other without the dollar?  

Which China would not get involved with the Euro and bailing it out nor investing in it and it's currency has been being called a "Global Reserve Currency".  Besides the fact that China has been buying all the gold and silver it can and keeps all it mines in the country. 

Look at the big picture, connect all the dots.  What two countries (Russia and China) have forged a strong relationship with each other and have stayed out of the EU investments over all.  In the meantime the Yuan has begun trading internationally and both have doubled or more their gold holdings.  

Has the time come to let the Western bankers fall apart?  Has the time come to let Gold and Silver prices be free of the strangle hold of manipulation?  Are they ready for it?  Will this be their own surprise attack upon the Western world/bankers as the bankers tried to surprise attack them?   

So.... in looking at it all together, I definitely see who has positioned themselves for the future and thought years ahead, compared to the scrambling from one debt crisis to another and printing money to make it appear 'all is well.'   

Mind you, this is a World war being raged but it is not with guns, but hidden hands and what is in them.  

The biggest question of them all:  

Are Russia and China ready to let it all fall down?  Have they completely accumulated/ positioned to let the gold prices ride to infinity and the rest of the world burn?



Update - 3/21/13 - Germans have a Naval Port agreement in Cyprus that can be broken with 3 months notice.  Russia wants it. 



Wednesday, March 20, 2013

Germany: Warns Cyprus Banks may never reopen without Euro bailout. Putin most Powerful Man in the World right now. Euro Zone will be decided by Russia.


Here is what we do know about Cyprus/Euro Zone/Russia.

The ECB, IMF and the Euro Zone Financial ministers had made the condition of the bail out for Cyprus with the bank deposit levy being enacted in Cyprus.   They knew full well the largest amount of money in the banks was Russian mafia/mob dirty money being laundered which they were attempting to grab.

The whole money stealing scheme went terribly wrong.  They did not expect it to back fire on them.  They have let the world see, they are willing to steal everyone's money in the banks for their own good.  They have revealed they are blood sucking people who will do anything to save their own asses and keep their little group together at the cost of all the people in the world.  The have shown that no one's money is safe in any bank no matter the country as they can make demands upon it.   The only reason the Cyprus people did not get their money stolen from them was due to the Russians.

No doubt due to many phone calls from the Russians (mob/mafia) that had money in the bank to the parliament members, letting them know what would happen to them and their families if they voted to steal billions from them in the banks.  The parliament members thought it best to go against the wishes of the Euro Zone and vote "No" on the levy of deposits.

But it appears the Russians were warned in the first place along with government and bank employees, as billions had fled the banks just days before the surprise announcement of the levy last Friday from those groups.   Even though there was inside information, they could not get all their money out before the levy announcement and the banks closed.

Russia is sending Naval ships for permanent deployment in the area now.  Putin has been very vocal, saying it was an unfair and dangerous for Cyprus to levy the bank deposits.   There are gas fields in Cyprus waters that Russia would like to get their hands on.

The Euro Zone caused Putin to become the most Powerful man in the world right now, in my opinion.  The Euro Zone's future lays completely in Putin's hands at this time.   I am sure they did not mean to do that and the whole money stealing scheme went so terribly wrong for them, they ended up giving the balance of power to Russia.   Remember, Russia and China are cozy with each other and they trade between themselves without using the dollar, as they swap currencies now.    China has stayed out of the bailing out of the Euro in the past, but how much skin do they have in the game?


The German Finance minister has warned the Cyprus banks may never reopen again if Cyprus does not get a bail out from the Euro Zone.

Germany's finance minister has warned Cyprus that its crisis-stricken banks may never be able to reopen if it rejects the terms of a bailout.
Wolfgang Schaeuble said major Cypriot banks were "insolvent if there are no emergency funds".

______________________________________________________________
UPDATE 12:25 PM est - Cyprus banks will not reopen until next Tuesday at the earliest.  When they do reopen, 'Capital Controls' may be in place.
I wonder how the Russians feel about not being able to get their money and afterwards only being allowed to a small part of it each day?  The Cyprus banks and parliament is in quite a predicament. They have the Euro Zone on one side and the Russian mafia on the other.  I sure wouldn't want to be a politician in Cyprus right now.  I am sure many of the parliament members wish they were not at this time either.  
_____________________________________________________________________________

The Finance minister for Cyprus tried to resign and instead is up in Russia right now, having discussions about Cyprus and Russia's future together.

Russia at the moment has won the poker hand against the Euro Zone.  Their hand was called and Russia ended up having a Full House compared to EZ's straight.  The game is still being played so we don't know who will actually walk away winning and if Russia has a Royal Flush to win it all.  I would bet any Russian hands played against the Euro zone will have to have China's approval too.

Even the small country of Cyprus leaving the Euro would be a major blow, with the house of cards falling down.  At all cost the Euro Zone can not allow that to happen.

Nigel Farage told everyone to get their money out of the banks, yesterday and the Euro Zone would do anything to keep their currency going, including stealing everyone's money.





Here are my questions and what we don't know at this moment:

Will Russia completely bail out Cyprus and be their 'savior' by making agreements with them for their gas fields and a Naval port, thus giving them the money they need for their banks to reopen?


Does Russia want Cyprus to stay in the Euro?  Is it to Russia's advantage to have Cyprus stay with the Euro Zone or would it be better for them to go back to their previous currency (pound)?


Could Russia get their ultimate revenge upon the Euro Zone, who wanted to steal their money by the billions from their bank accounts and help Cyprus leave the Euro Zone and once that happens the Euro Zone collapses?


Would Russia benefit from a Euro Zone collapse or do they benefit more from the Euro Zone staying together?


What are China's thoughts on the Euro's future, how much do they have invested in that future?
One thing I have noticed: not one Chinese online news site has mentioned Cyprus this week, which I have found very odd.


The status of the Euro has now just been handed to Russia and it will actually be Putin's and Russia's decision of what happens.   Putin can thank all the Euro Zone ministers, including Merkel and Bernanke for making him the most powerful man in the world, in my opinion.

Think about it.... Russia/Putin can literally take down the Western Banking world at this point.  Do they push Cyprus to leave the Euro Zone and finance them or help them stay in the Euro?  House of cards fall for the bankers if they leave. 



What I have read is, once you have crossed the Russian Mob, they will get their revenge no matter what, even if it is years away.  They continue their revenge handed down for generations.


The Poker game is continuing.  Who will blink now?  Who holds the strongest cards? I know if I was betting on the game who I would be backing.





Here is an interview that Jim Willie (Hat Trick letter and Golden Jackass) just did on the 13th of March.  He said the Euro Zone would blow from a small to medium bank going under at around the 25 min mark .  Must listen to interview.  He has hit it on the head and has gotten the prediction completely correct!





Update 3/21/13 - Germans have a Naval Port agreement in Cyprus that can be broken with 3 months notice by Cyprus.  Russians want it. 


Tuesday, June 19, 2012

German Constitutional Court takes Power away from Merkel, says Parliament is Superior.

Wow the courts around the world sure have been busy this week and the past one.  First Egypt's court dissolved the parliament there and then Pakistan's Supreme Court kicked out it's  Prime Minister.

Now the Constitutional Court of Germany has ruled that Merkel has over stepped her bounds and she can not keep giving bail outs of the rest of Europe and not give details to the parliament.   

It says the Parliament is superior  in rulings than Merkel.   It looks like the ruling has possibly put the ESM at risk of being ratified in Germany too.

This is going to throw Europe into chaos, in my opinion.  There will be no more free flowing money from Germany which has been the country that has provided the bailout money.  Considering Spain and Italy are just going into crisis mode and needing money fast, there are going to be some wild rides coming up.


Article - translated to English:
D is eutlich the judgment of the Constitutional Court on the political voice of the Bundestag.  A unanimous slap for the Chancellor , which is known to prefer the quiet reigns, bug-proof closet out.  And like the MPs considered Kopfnicker like that should approve without opposition in the Bundestag and uninformed, what in the Chancellery of her and her main power brokers Ronald Pofalla was once again concocted.

The imperative for future policy operations has consistently expressed the judgment: Saying what's wrong and what is just is, as soon as possible. . And this is especially important for international agreements such as the euro rescue ESM . For its cash, the citizens must pay this year alone, 8.7 billion euros of taxpayers' money.  What could be justified in view of these sums, let Parliament and the people in the dark?

  Anti-democratic arguments

The opponents of transparency has often used anti-democratic arguments First, it is more efficient when political decisions are sometimes waved through in small bodies. Second, it would be even more difficult to achieve international agreement, if any should be informed and the secrecy is no longer guaranteed. But what kind of cynicism!  Only the stupid MPs is a good deputy?  And only the stupid people is a good citizen?
 
. Since the judgment of our constitutional judge does really well.  The Bundestag may a say again, apply the established democratic rules of our Constitution.. The future it could also again be clear who we need to assign responsibility for various "bailout" that are being set almost every week somewhere.

Only the Parliament, then the Chancellor's Office

. As such, it was high time that the specific form of caricature of government has met with opposition from the Constitutional Court.  The Basic Law does not exist for arbitrary disregard of the political sphere.  A Chancellor would actually follow it more carefully than any other participating political institutions, because it finally puts her oath of office on it. And we do not want to be governed by and on peaks that operate infinitely far away from our daily lives. . Considered democratic, the chancellor's office is subordinate to the parliament clearly.  The Chancellor should also be in support money finally take note of.. We do not want to be governed by Gutsfrauenart. The state authority emanates from the people.  Again remember, Mrs. Merkel?


I do believe things have just gotten more interesting in Europe now.  I don't believe this will go over well with those countries that are needing money desperately.

I found an article out of Australia about it also. 

Germany's constitutional court has ruled the government failed to inform parliament in good time about negotiations last year on the eurozone bailout fund.
Tuesday's ruling does not halt plans to put the European Stability Mechanism (ESM) in place next month but requires the government of Chancellor Angela Merkel to brief parliamentarians sooner next time.
Both chambers of parliament are scheduled to ratify the ESM treaty and the eurozone fiscal compact on June 29.
The case was a win for the opposition Green Party, which charged that parliament was not quickly shown documents about last year's bailout talks. Green Party whip Volker Beck said the opposition had to turn to Austrian colleagues to find out what was going on.
Under the German constitution, the parliament in Berlin has to be kept informed "comprehensively and at the earliest possible point of time and continuously" about negotiations at European Union (EU) level.
The court ruled that Merkel's government did not brief parliament properly last year on the state of talks over the new eurozone rescue fund, the ESM, or over negotiations on the "Euro-Plus Pact" requiring eurozone nations to coordinate economic policy.
The 500 billion euro ($A624.54 billion) ESM is the permanent successor to the existing bailout fund, the European Financial Stability Facility. Judges said the opposition should have been shown the ESM treaty draft by April 6 last year.
The decision was "another important building block in a series of decision by the Federal Constitutional Court to strengthen parliamentary responsibility in the framework of European integration," presiding judge Andreas Vosskuhle said.
The court has repeatedly slammed the executive in Berlin for not submitting enough to legislators.
"The briefing has to enable the parliament to exercise early and effective influence on the decision-making of the government and must take place in such a way that the parliament does not end up in a rubber-stamp role," Vosskuhle added.
Germany's government and opposition came close last week to reaching a final agreement to jointly ratify the ESM treaty and the fiscal compact, which the government insists on passing as a package. The legislation requires a two-third majority to pass.
As part of the bargain, the Merkel government has now promised to fast-track the introduction of a financial transaction tax in Europe if a minimum of nine member states agree.
Germany's opposition Social Democrats (SPD), who did not participate in the case, welcomed Tuesday's ruling.
Thomas Oppermann of the Social Democrats said: "This is another embarrassment to the government. They have been losing one case after another."

Now, will this cause Germany to be the first country to actually leave the Euro?  Considering it has been said that they have been printing Deutsche Marks and have them in the ready.