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Rothschild emerges from the shadows for the Centenary of the London Gold Fixing

Written on . Posted in PT Global Economy.

Bullion Star: “The history of the London Gold Fixing is a history of gold price intervention and manipulation“

“They will throw their silver into the streets,
And their gold will be like refuse;
Their silver and their gold will not be able to deliver them
In the day of the wrath of the Lord …” Ezekiel 7:19

This month in London marks the 100th anniversary of the first “London Gold Fixing”, the infamous daily meeting of a secretive cartel of bullion banks which has met since 1919 to set benchmark gold prices used throughout the international gold market, a meeting which continues to this day through its thinly disguised successor, the LBMA Gold Price auction.

London gold price benchmarks are critically important to the global gold market because they are used as a valuation source for everything from ISDA gold interest rate swap contracts to gold-backed Exchange Traded Funds (ETFs), and everything from OTC gold contracts to transaction reference prices used by physical bullion dealers when purchasing gold bars and gold coins from refineries and suppliers.

Since 2015, the London Gold Fixing has been known as the LBMA Gold Price following a rush by the London Bullion Market Association (LBMA) bullion banks to patch over the then scandalized  ‘Fixing’ in a smoke and mirrors and circle the wagons relaunch and renaming exercise.

The collusive Gold Fixing first formally came into existence on 12 September 1919 when the Bank of England tapped its favorite bankers N.M. Rothschild & Sons to be the daily Fixing’s permanent chairman. Rothschild and the Bank of England had been joined at the hip since the early 1800s and would continue to be so in the Gold Fixing throughout the next century.

Rothschild would remain as the Gold Fixing’s permanent chairman until May 2004 at which point the fabled investment bank mysteriously departed the gold fixing and stepped back into the shadows after 200 years in the London Gold Market. Read More

Jordanian FM blames Netanyahu for diplomatic incident

Written on . Posted in PT Middle East.

Arutz Sheva: Jordanian Foreign Minister Ayman Safadi on Friday blasted Prime Minister Binyamin Netanyahu following the diplomatic incident between Jordan and Israel earlier this week.

“Assyria also has joined with them;
They have helped the children of Lot.” Selah Psalm 83:8

On Wednesday, Jordanian Crown Prince Hussein canceled his visit to the Temple Mount following an incident at the Allenby Crossing.

The visit had been closely coordinated between Jordanian and Israeli officials, but when the Crown Prince arrived with his entourage, it became clear that the Jordanians had not complied with the earlier agreement and had brought significantly greater security.

Israel did not agree to the entry of additional security guards, and the entourage and prince returned to Amman.

Israel did not agree to the entry of additional security guards, and the entourage and prince returned to Amman. Read More

Fertilizer Prices Rocket Higher As Farmers Become ‘Bullish’ On Upcoming Growing Season

Written on . Posted in PT Global Economy.

Zero Hedge: US wholesale fertilizer prices have been on a tear since December 2020 due to rising commodity prices, tight supplies, and strong demand.

Last fall, Rabobank forecasted that phosphate and other fertilizer prices would remain elevated in the first half of 2021 because commodity prices were accelerating. Now Rabobank reports phosphate prices have nearly doubled.

“You have sown much, and harvested little. You eat, but you never have enough; you drink, but you never have your fill. You clothe yourselves, but no one is warm. And he who earns wages does so to put them into a bag with holes.” ESV

“With the increase in commodity prices, there has been an increased demand for fertilizers since last fall. This increased demand, coupled with reduced fertilizer imports is – according to forecasters – predicted to keep fertilizer prices elevated through fall and potentially into next year,” Jamie Patton, senior Outreach Specialist for the UW-Nutrient and Pest Management Program, told Wisconsin State Farmer. 

DAP Tampa Fertilizer Index has nearly doubled since the start of the year. Read More

Potential Jurors in George Floyd Killing Case Are Afraid They’ll Be Targeted. Can’t Imagine Why?

Written on . Posted in Bible prophecy, PT World Order.

PJ Media: Jury selection in the trial of the former police officer accused of killing George Floyd started Monday with protesters, speeches, and his sister noisily marching outside the courthouse while calling for justice.

“When justice is done, it is a joy to the righteous but terror to evildoers.” Proverbs 21:15

Some of the people being considered for jury service in the trial of Derek Chauvin said that they were worried for their lives and the safety of their families if selected to serve on the jury.

Their fear is entirely understandable.

Floyd’s death led to nearly $2 billion in losses from arsons, looting, rioting, and mayhem. Nineteen people were shot. Read More

 

US Producer Prices Soar Most Since 2018 As Gas Prices Spike

Written on . Posted in PT Global Economy.

Zero Hedge: Forty percent of the February increase in the index for final demand goods is attributable to gasoline prices, which jumped 13.1 percent. The indexes for diesel fuel, beef and veal, basic organic chemicals, residential electric power, and chicken eggs also moved higher. Conversely, prices for fresh and dry vegetables fell 16.7 percent.

“And I heard a voice in the midst of the four living creatures saying, “A [b]quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” Revelation 6:5-6

A 3.6-percent increase in the index for transportation of passengers (partial) was a major factor in the February advance in prices for final demand services. The indexes for securities brokerage, dealing, and investment advice; machinery and equipment parts and supplies wholesaling; health, beauty, and optical goods retailing; and hardware, building materials, and supplies retailing also moved higher.

Powell’s gonna need to print more oil!

Netanyahu: Crown Prince of UAE is going to invest in Israel

Written on . Posted in PT Middle East.

Arutz Sheva: The Crown Prince of Abu Dhabi and the deputy commander of the United Arab Emirates’ military pledged to invest billions of dollars in Israel’s economy, Prime Minister Binyamin Netanyahu said Friday morning.

“He shall be a wild man;
His hand shall be against every man,
And every man’s hand against him.
And he shall dwell in the presence of all his brethren.” Genesis 16:12

Speaking in an interview with Radio Haifa Friday morning, Netanyahu discussed a telephone call with Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and the de facto ruler of the Emirate of Abu Dhabi.

According to Netanyahu, the two spoke Thursday about investments from the UAE in Israel, with the Crown Prince pledging to invest some $3 billion (10 billion shekels) in the Jewish state.

The Crown Prince of Abu Dhabi and the deputy commander of the United Arab Emirates’ military pledged to invest billions of dollars in Israel’s economy, Prime Minister Binyamin Netanyahu said Friday morning.

Speaking in an interview with Radio Haifa Friday morning, Netanyahu discussed a telephone call with Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and the de facto ruler of the Emirate of Abu Dhabi.

According to Netanyahu, the two spoke Thursday about investments from the UAE in Israel, with the Crown Prince pledging to invest some $3 billion (10 billion shekels) in the Jewish state.

Feinstein Promises Assault Weapons Ban Hours After House Passes Background Check Bill

Written on . Posted in PT World Order.

Zero Hedge: Hours after the House passed a bill allowing for unlimited delays for FBI background checks, and Senate Majority Leader Chuck Schumer revived a House-passed bill requiring background checks for private firearms sales, Sen. Dianne Feinstein (D-CA) announced that she would soon ‘work with her Senate colleagues’ to pass other reforms – including an assault weapons ban – in the coming weeks.

“When a strong man, fully armed, guards his own house, his possessions are safe.” Luke 11:21 NIV

It’s unclear which features on scary black rifles that are functionally equivalent to any hunting rifle will be off-limits.

H.R.8 is the latest version of Democrats’ so-called “Universal Background Checks.”

Currently, any gun purchased at a retail store, or online, must go through a background check and involved a licensed firearms dealer (FFL). H.R.8 requires background checks for private sales.

“The idea that this is going to make us safer is laughable,” said Rep. Mary Miller (R-IL). “Criminals looking to get their hands on firearms to use in crimes are not going to submit to background checks. Only law-abiding citizens will follow the law. This is a back door means of setting up a national registry of firearms – something I completely oppose.” Read More

Hyatt Hotels CEO sees ‘clear path to recovery’ after Covid rocked industry

Written on . Posted in PT Global Economy.

CNBC: “We see that there’s a clear path to recovery from here,” Hyatt Hotels CEO Mark Hoplamazian told CNBC.

  • Hoplamazian said he’s seeing occupancy rates industrywide improving from a low of 22% in April of last year, coming in at just shy of 50% in February.
  • He said he is optimistic that travel is positioned to make a full recovery as Covid-19 vaccines become more widely available to the public.

Hyatt Hotels CEO Mark Hoplamazian said on CNBC on Thursday that he is bullish on a recovery in the hotel industry, driven by leisure travel, as Covid-19 vaccines become more widely available.

Israeli Prime Minister’s Historic Visit to UAE Suspended Over Jordanian Airspace

Written on . Posted in PT Middle East.

Jerusalem Online: The office of Prime Minister Benjamin Netanyahu has confirmed that his historic planned visit to the United Arab Emirates has been canceled because Jordan delayed approving his flight path over the Hashemite kingdom.

“Then he shall confirm a covenant with many for one week;
But in the middle of the week
He shall bring an end to sacrifice and offering.” Daniel 9:27

“Netanyahu’s visit was postponed due to difficulties in coordinating his flight in Jordanian airspace. These difficulties apparently stemmed from the cancellation of the Jordanian Crown Prince’s visit to the Temple Mount due to a disagreement over security procedures at the site,” the PMO said in a statement Thursday afternoon.

“Jordan recently announced that it would allow the prime minister’s flight to use Jordanian airspace but since the announcement was received late, the prime minister and Crown Prince Sheikh Mohammed bin Zayed agreed to coordinate on another date for the prime minister’s visit,” the statement said.