Goldman Sachs was caught manipulating the US Dollar and order to pay a small fine. The Bank Of Japan was the top purchaser for ETF, BOJ will completely own the market. Germany’s Bundesbank accelerated its gold repatriating before the economic crisis hits. Most Germans was increased surveillance after the Christmas market event, or is it so the German government can pass additional laws.US Government / Elite are pushing and provoking China into a conflict with the US. Putin in backing the General Haftar in Libya, Unity Government is out. The TU-94 black box has not yet be recovered but the Russian government is ruling out terrorism. The alleged German market place truck attacker left his id in the truck, following the false flag plan to a ‘T’.
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Current News – 12.26.2016
- Goldman Sachs was ordered to pay 120 million, “to settle charges that it often tried to manipulate a global dollar benchmark for interest rate products over a five-year period,”
- The investment corporation was levied the “civil penalty to settle charges that it often tried to manipulate a global dollar benchmark for interest rate products over a five-year period,” the report states.
- Citing the Commodity Futures Trading Commission’s report, Reuters stated that Goldman Sachs engaged in its illegal activity in an attempt to “manipulate the U.S. Dollar International Swaps and Derivatives Association Fix benchmark,” and was ordered to cease from doing so in the future by taking measures to prevent a recurrence.
- the firm’s operatives didn’t even attempt to hide their actions from regulators writing, “Goldman traders made little effort to disguise their manipulations: ‘spend what you need, but make SURE we get the print’ — the day’s reference rates — to sit at a favorable level, thereby affecting the benchmark.”
- What this Goldman Sachs case represents is the entirely unaccountable nature of the banking elite. The measly $120 million ‘punishment’ is nothing when compared to the billions made off of manipulating the dollar. In fact, such an insignificant fine actually provides an incentive for Goldman Sachs and other corrupt banks to cheat the system.
- the value of the BOJ’s ETF purchases this year has topped 4.3 trillion yen ($36.5 billion), up 40% from 2015. Last year, the central bank bought more than 3 trillion yen worth of ETFs. The data was released by the BOJ and compiled by the Tokyo Stock Exchange. Should it continue at this rate, in a few years, the BOJ will have nationalized the entire market: as of this moment it own approximately 2.5% of the market cap of the entire Topix according to the FT chart below.
- has given the BoJ indirect but massive positions in many of the country’s biggest corporate names.” Normally, this kind of activity would be associated with command-style, centrally-planned economies such as that of the USSR. Now, however, it is considered part of the “new normal.”
- In January of 2016, the Bundesbank announced that three years after commencing the transfer of some of its offshore-held gold from vaults located at the Banque de France in Paris and the NY Fed in New York, it had repatriated a total of 366.3 tonnes, bringing the German central bank’s gold reserves held in Frankfurt to 1,402 tonnes, or 41.5% of Germany’s total gold of 3,381 tonnes,
- doubts were raised on Germany’s gold holdings, in late 2012 the German Court of Auditors demanded that the Bundesbank undertake an audit of its gold reserves. Specifically, the court wanted to ensure that the nearly 3400 tons of gold, of which more than 2,000 tonnes held offshore, is in fact in existence – ‘because stocks have never been checked for authenticity and weight’. The move to repatriate was only accelerate following rumors that much of the offshore-held gold might have been “rehypothecated”, and not be there anymore, that it might have been melted down, leased, or sold.
- at the end of 2013,
the Bundesbank announced it had managed to repatriate only 37 tonnes of
the total 700 scheduled for redemption, because of this people believed the gold was not in the vaults
- on Friday, Germany’s Bild reported that in 2016 the Bundesbank has repatriated “more of its gold than planned”, as it moves toward relocating half of the world’s second-largest reserve at home.
- This means that the Bundesbank repatriated roughly 200 tonnes of gold in 2016, comparable to the 210 tonnes its brought back to Frankfurt in 2015, and the total held domestically amounts to 1,600 tonnes at the end of 2016, just shy of the 1,700 or so planned to be repatriated over the next three years, suggesting that for some unknown reason, the German central bank has aggressively pushed forward the redemption timetable ahead of its scheduled completion in 2020.
- Sixty percent of Germans want enhanced video surveillance in public spaces, according to a new YouGov poll conducted following an attack in Berlin in which a truck plowed into crowds at a Christmas market, killing 12 and injuring dozens.
- As many as 73 percent of poll respondents also want police ranks to be beefed up, while 61 percent say providing police with better equipment is a must, according to n-tv news channel.
- No police cameras were monitoring the market at Breitscheidplatz in western Berlin at the time of the attack,
- After the attack, Interior Minister Thomas de Maiziere called on Berlin’s regional assembly to “urgently rethink” its attitude towards video observation.
- Angela Merkel’s cabinet passed a draft bill last week that would permit increased video observation in various public areas, as well as on transportation networks.
- The bill will “facilitate video surveillance in public places
- From CNN:
- The suspect’s identity papers were found inside the truck used in Monday’s attack on a Christmas market,
- The U.S. intelligence community thinks the “hundreds” of surface-to-air missiles that China recently shipped to its Hainan Island in the South China Sea will be moved to the country’s nearby and disputed man-made islands in the coming months,
- Two days after China demonstratively showed off a live-fire exercise involving its one and only aircraft carrier, the Defense Ministry hinting that the carrier would next sail to the South China Sea after announcing that “as a next step it will conduct scheduled cross-sea training and tests,” Beijing did just that a group of Chinese warships led by the country’s sole aircraft carrier passed south of Taiwan on Monday, and entered the top half of the South China Sea, in what China has termed a routine exercise.
- Taiwan’s Defense Ministry said the carrier, accompanied by five vessels, passed southeast of the Pratas Islands, which are controlled by Taiwan, heading southwest. The carrier group earlier passed 90 nautical miles south of Taiwan’s southernmost point via the Bashi Channel, between Taiwan and the Philippines.
- How is the headline “The US Ships enter the Gulf of Mexico” different from “The Chinese ships enter the South China Sea”?
- Russian President Putin’s government is befriending a powerful military leader, Khalifa Haftar, who now controls more territory than any other faction Russia is supplying funds and military expertise to Haftar’s base in the east.
- By backing Haftar , Russia could bolster its role in the region and secure billions of dollars from Libya in arms and other contracts.
- The US and the European Union support the UN-endorsed government in Libya. State Department spokesman John Kirby on November 29 called on Haftar and his forces to submit to “civilian command” of the Tripoli authorities.
- Russia’s view is that people like Syria’s Al Assad and Haftar are “authoritarian leaders who are not liberal democrats and are unlikely to introduce democracy in their countries but they can bring order, and therefore we should support them”,
- A group of British Generals and military advisors have arrived in Syria to recruit and train the terrorist groups which have withdrawn from Aleppo,
- Rescue workers have not yet found any flight recorders of the Tupolev Tu-154 plane that crashed in the Black Sea
- Yves Chandelon, NATO Auditor General, was found dead — by gunshot to the head — in the Belgian city
- Authorities are calling the death a suicide, but Chandelon’s family is reportedly vehemently disputing that assessment.
- For one thing, the NATO auditor, who was apparently tasked with “counteraction against terrorism financing issues,”
- Further, Belgian press reports, Chandelon “had mentioned to his entourage, he thought he had been followed and had received ‘strange’ calls.