John Embry on Gold, Silver, Currencies and Commodities

July 2, 2012 by WRC559 1 Comment

At Royal Bank, Mr. Embry was named Vice-President, Equities and Portfolio Manager at RBC Global Investment Management, a $33 billion organization where he oversaw $5 billion in assets, including the flagship $2.9 billion Royal Canadian Equity Fund and the $250 million Royal Precious Metals Fund, which was the #1 ranked fund in Canada for its 2002 net performance of 153%.Hera Research Newsletter (HRN): Thank you for joining us today. Let’s talk about gold stocks.

John Embry: Gold stocks represent a tremendous value in relation to the price of gold and to the fundamentals of the sector. There has been tremendous shorting activity by hedge funds and, as a result, dedicated gold funds have experienced redemptions. Retail investors, who are natural buyers of these stocks, have been annihilated by the price action. This has created one of the finest opportunities, if not the finest opportunity, that I have ever seen.

HRN: Do you have a short term price target?

John Embry: I don’t look at short term price charts for gold. In a market as heavily interfered with as this one, charts can be made to look any way you want in the short run. As I see it, if you don’t like gold at these prices, then you must like currencies. My partner Eric Sprott often says, the U.S. dollar is the best looking horse in the glue factory. If the U.S. dollar is the world’s strongest currency, that’s the best endorsement for gold that I can think of.

HRN: Do you believe that currencies are losing value?

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Canada, Gold as an investment, Hedge fund, Investment management, John Embry, Portfolio Manager, Royal Bank of Canada, Vice President of the United States

REALIST NEWS – Is Silver getting ready to make it’s move?

June 28, 2012 by WRC559 0 Comments

Published on Jun 27, 2012 by jsnip4

http://www.silverdoctors.com/silver-demand-soaring-premiums-skyrocketing-apme…

http://www.silverdoctors.com/unusual-activity-in-silver-characteristic-of-mar…

ECONOMIC CRISIS

Business, Canada, Financial instrument, FUTURES, Precious metal, Silver, Silver as an investment, United States

Canada’s ‘Maple Spring’ Hits Fever Pitch But Risks Becoming Neutralized By the Globalists

May 26, 2012 by aaronbouge 0 Comments

Reaching its 100th day of protests, Canada’s own “Maple Spring” has reached a fever pitch this week, as student protesters have now consolidated their efforts with the country’s labor unions and environmental groups.

The Maple Spring protests were originally staged in opposition to the government’s steep hike in university tuition fees, and have since exploded into a full-blown political crisis with mass demonstrations and violent clashes with police taking place throughout Montreal and Quebec City.

The Canadian government’s response to the protests has been to pass the draconian Bill 78, a piece of emergency legislation that effectively ends freedom of assembly and freedom of expression – if the government deems it necessary – which it has.

As a result of Bill 78, some 500 people were arrested in Montreal on Wednesday night and 176 people in Quebec City were detained under the new law.

To date, some 2,500 protesters have been arrested, and many others sustaining serious, and even life-threatening physical injuries at the hands of the Canadian police.

One of the most brutal measures included within the Bill 78 totalitarian legislation is the government’s new-found ability to levy heavy fines on any student associations and student unions if they are found to be involved in any protests against the government. This shrewd move by Canada’s heavy-handed legal system has already threatened to bankrupt a number of student organizations already.

After last year’s much-hyped Arab Spring that wasn’t, the media is continuing to identify pockets of protests around the globe with last year’s social media-driven and George Soros-driven events in the Middle East. On top of this, sterilized movements like Occupy are naturally attached to other protests sharing common language and themes, in a process which is globalizing local independent movements into the larger foundation-steered artificial phenomenon – not necessarily a positive thing if any local movement hopes to gain traction and results in their respective arenas.

In an interview with RT today, Canadian activist Andrew Gavin Marshall, attempted to consolidate the Maple Spring with last year’s Arab Spring, European unrest and the Occupy Movement, stating that this current unrest in Canada is part of a wider movement fighting against “global austerity measures imposed by an elite who simply want more for themselves and less for everyone else “, as well as “educational austerity measure” claiming students are getting less education for more money.

For the last few months, students have also been boycotting classes, arguing that government tuition increases would lead to higher dropout rates and more debt. This reflects the similar plight of US students, who have been conditioned to accept much higher graduation debts than Canadians. But student protesters in Canada and Occupy campers in the US both have yet to vocalize the real problem they all face which is the fact that for the most part, there are no jobs for graduates because of their own governments’ collective failure to secure domestic economic interests, with globalists opting instead to off-shore most industries over the previous three decades.

Protesters in Canada have a strong case against their own government and ruling elite for abuses on constitutional grounds, but as the movement becomes increasingly co-opted by socialist unions and environmental activists, the core constitutional protest and revolt against an overt police state becomes slowly watered down into an innocuous austerity protest.

The real danger here is that this Canadian protest becomes absorbed into and sterilized by the Occupy Movement’s and their boiled-down class warfare mantra embodied in the “99% vs. the 1%”. From the global elite’s standpoint,it would be harmful if Canada’s Maple Spring became an intelligent movement, focusing on the country’s central banking establishment and the government’s cynical use of social entitlements to entrap its citizens into complying with a loss of inherent constitutional rights and freedoms – a real and disturbing trend which threatens sovereign citizens in western-style ‘democratic’ countries like the United States, Europe, and Australia in particular.

Unrest in Greece and in other European countries has effectively been steered into an ideological cul-de-sac in this very way – instead of focusing their anger and social energy against the European and Greek central banking establishment, protesters have instead opted for hanging their hat on “austerity” – a protest which, in the end, must beg to the state for relief, rather than supplant the very banking establishment which is the engine of poverty and threatens national sovereignty in their country.

Marshall also alluded to a giant corruption problem which is apparently systemic in Canada, citing the ‘mafia construction industrial complex’ as one of many financial parasites which is perennially draining Canadian treasury coffers. This is certainly a brave stance for a student activist to take on, and certainly one which other movements around the world have so far been too timid to take on.

Onlookers should notice that the President Obama or Hillary Clinton have not uttered a word about the state violence in Canada, but have not stopped shilling for regime change in countries much further afield.

Of all the movements that have grabbed headlines this year and last, two stand-out as genuine in terms of not being heavily manipulated and steered by Wall Street-based controlling interests (Occupy) or the US State Department (Arab Spring). The Spanish Spring was on the whole more organic, much larger and much long-lasting than many of the other protests hailed by the mainstream media, but the media failed to cover it to any real extent. This obvious lack of corporate media attention should be seen as a clear indication that Spain’s demonstrations were not on the elite’s slate of heavily planned, co-opted and steered protests.

In the Middle East, the current long-running protests in Bahrain are also likely to be authentic, not least because neither Hillary Clinton, nor any of the usual State Department-backed human rights NGOs have made any noise about the Bahrain Police’s violent and brutal crackdown against what looks to be a genuine social upheaval. The presence of the US Fifth Fleet in Bahrain more or less guarantees that the the US and its NATO cartel allies will remain close-lipped about Bahrain’s Royal Family and their chronic habit of relentlessly torturing their citizen protesters and human rights activists when critical of the ruling government and Saudi-imported security forces.

Canadian protests have the potential to be effective in terms of highlighting a police state that is coming into full view as a result of the initial student uprising, but organizers need to be aware that their gallant efforts will be directly challenged by the globalist elite’s preferred weapons of choice in this social arena – cointel pro, agent provocateurs, co-option by foundation-steered movements, and last but not least… the protesters inevitable dependence on the state. As a socialist state, Canadians may be able to do very little as dependents, and may likely end up being bull-ringed into a no-win situation against the state.

The other outcome not mentioned above is perhaps the most undesirable of them all – that Canada’s brutal police state will physically crush the Maple Spring out of existence. Based on the unfortunate events this week, this looks like the odds-on favorite.

NEWS

Bill78, Canada, maple spring, montreal, police brutality, Police state, Protest, student protest, student protesters, Tuition, university tuition fees

Police brutality in Montreal

May 24, 2012 by aaronbouge 0 Comments

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Canada, Civil disobedience, montreal, montreal gazette, police brutality, Police state, Protest, Tuition

RAW 250,000 Massive Montreal Rally marks 100 days of Student Protests

May 23, 2012 by aaronbouge 0 Comments

NEWS

Bill78, Canada, CLASSE, montreal, montreal gazette, occupy, Protest, Qubec

Biggest act of civil disobedience in Canadian history

May 23, 2012 by aaronbouge 0 Comments

MONTREAL – A protest that organizers are describing as the single biggest act of civil disobedience in Canadian history choked the streets of downtown Montreal in the middle of Tuesday’s afternoon rush hour as tens of thousands of demonstrators expressed outrage over a provincial law aimed at containing the very sort of march they staged.

But within three hours of the march’s start, police were reporting that criminal acts were being committed as the windows of at least one bank were smashed.

Ostensibly, Tuesday’s march was to commemorate the 100th day of a strike by Quebec college and university students over the issue of tuition fee increases. But a decision last Friday by the Charest government to pass Bill 78 — emergency legislation requiring protest organizers to provide police with an itinerary of their march eight hours in advance — not only enraged civil libertarians and legal experts, but also seems to have galvanized ordinary Quebecers into marching through the streets of a city that has seen protests staged here nightly for the past seven weeks.

“I didn’t really have a stand when it came to the tuition hikes,” said Montrealer Gilles Marcotte, a 32-year-old office worker who used a vacation day to attend the event. “But when I saw what the law does, not just to students but everybody, I felt I had to do something. This is all going too far.”

Tuesday’s march was billed as being two demonstrations taking place at the same time. One, organized by the federations representing Quebec college and university students and attended by contingents from the province’s labour movement, abided by the provisions of the law and provided a route. The other, overseen by CLASSE, an umbrella group of students associations, deliberately did not.

By 3:30 p.m., a little more than 90 minutes after the marches began to snake their way through downtown Montreal, CLASSE, which would later estimate the crowd at about 250,000, described the march as “the single biggest act of civil disobedience in Canadian history.”

By 4:30 p.m. Montreal police, who refuse publicly to estimate crowd sizes, said no acts of mischief had been reported nor any arrests made. There was one report of a van carrying a provincial police riot squad platoon having to nose its way through demonstrators who tried to block it. But half an hour later, police were reporting “criminal acts” were being committed as bank windows on Ste. Catherine St. were being smashed.

Montreal police made it clear they were prepared to tolerate the CLASSE march, illegal though it is, and the presence of masks and other face coverings on hundreds of protesters showed also that a municipal bylaw adopted last Friday banning face coverings during public demonstrations was also going unenforced.

Last Saturday, Montreal police made it clear they would use their “judgment” when it came to applying the provincial or municipal regulations.

Prior to Tuesday’s march, the heads of federations engaged in the legal protest said they hoped the Charest government would re-think its stand on Bill 78, which they intend to challenge in court by the end of this week, and resume negotiations on the issue of tuition increases.

“This march isn’t just to observe the 100th day of our strike, but to deplore the fact the Charest government had to resort to repression,” college student federation head Léo Bureau-Blouin told reporters. “But we have decided to provide the police with a route and intend to demonstrate peacefully.”

How much longer the march may last may be beyond the power of organizers or police to predict.

As of 3:45 p.m. a severe thunderstorm warning was issued for the Montreal area.

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#Police, 100, Bill 78, Canada, CLASSE, montreal, Protest, students, Tuition

Police State Law Banning Protest Leads to Violence in Montreal

May 22, 2012 by aaronbouge 0 Comments

Following the adoption of legislation by the government of Quebec to roll back civil liberties and prevent students from protesting against tuition hikes, Montreal experienced two nights of violence over the weekend. Three hundred people were arrested on Sunday night.

Although the Fédération étudiante collégiale du Québec and the Fédération étudiante universitaire du Québec plan to challenge the draconian law this week in court, its implementation by the National Assembly Friday night reveals that the Quebec government is determined to shut down protest over severe tuition increases.

“This is much larger than just tuition fees, this law attacks our freedom and the foundation of our society,” said Marc Antoine Cloutier. More than 150,000 people have signed a petition opposing the new police state legislation.

“We have serious concerns about this bill and the bill infringes many of the fundamental rights of our citizens,” added Louis Masson, Bâtonnier of the Bar.

The law state that demonstrators must inform the police at least eight hours in advance when protests are larger than fifty people. The police are to be notified of the time, location and duration of all protests. Student associations not “employing appropriate means to induce” their members to comply with the law are guilty of violating the law and fines range from $1,000 for individuals to $125,000 for student associations, writes Andy Radia.

Montreal’s Bill 78 arrived on the same day as Russia’s anti-protest bill was introduced.

In order to discredit the massive demonstrations over the weekend, the usual “black-clad” suspects emerged and engaged in violence with police.

“Black-clad protesters were seen ripping large pieces of cement out of the roadway and throwing them at police,” the Montreal Gazette reported on Sunday. Police then used percussion bombs and CS gas against the protesters.

Last year it was discovered that agents provocateurs posing as black-clad anarchists gave police an excuse to engage in violence against non-violent protesters during the 2010 G20 held in Toronto.

According to G8/G20 summit documents, the RCMP dispatched agents to infiltrate the ranks of anti-war, anti-globalization and anarchist groups. In 2007, Canadian cops were caught red-handed posing as anarchists during a North American Union summit in Montebello, Quebec.

Montreal’s legislation aimed at eliminating protest is only the latest example of how far the state will go when the people challenge its authority. Over the weekend, the Montreal police gave a glimpse of things to come if citizens continue to resist the authority of the state – CS gas and percussion bombs.

If the people persist and violate the law, the next step will be introduced – rubber bullets, which ultimately leads to live ammo, as it did at Kent State and Jackson State University in 1970.

States of emergency and martial law provide all the justification the state needs to violently quell dissent, especially when it endangers the state’s grasp on power. Montreal is near the point of imposing a full-blown police state as the globalists unfold their plan to destroy national economies and force humanity into another era of feudalism.

Tuition is the target today. Tomorrow it will be food and other necessities.

NEWS

Anonymous, Canada, montreal, montreal gazette, Police state, Protest, quebec government, Student, Tuition

Police State Law Banning Protest Leads to Violence in Montreal

May 22, 2012 by WRC559 0 Comments