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Signs Economic Commentary for 20 February 2006

Gold closed at 555.20 dollars an ounce on Friday, up 0.2% from 554.20 for the week. The dollar closed at 0.8375 euros Friday, down 0.3% from 0.8401 at the end of the previous week. That puts the euro at 1.1940 dollars, compared to 1.1904 the Friday before. Gold in euros would be 464.99 euros an ounce, down 0.1% from 465.56 the week before. Oil closed at 59.88 dollars a barrel, down 3.3% from $61.84 for the week. Oil in euros would be 50.15 euros a barrel, down 3.6% from 51.95 the week before. The gold/oil ratio closed at 9.27 up 3.5% from 8.96 at the end of the previous week. In the U.S. stock market, the Dow closed at 11,115.32, up 1.8% from 10,919.05 the Friday before. The NASDAQ closed at 2,282.36, up 0.9% from 2,261.88 the week before. The yield on the ten-year U.S. Treasury note closed at 4.54 down four basis points from 4.58 last Friday. There was much optimism about the U.S. economy from mainstream analysts last week, buoyed by rising stocks and falling oil prices (down 3.3%) and, for a while, falling gold prices (gold actually ended up a bit). The hope is that fresh quarterly earnings reports from major retailers this week will keep the U.S. stock market rising:

Bomb

Trans-Generational Terrorism

There can be little doubt that the very same Western powers that created the modern-day Middle East are now in the process of destroying it. Yet it is a constant source of amazement to us how a Middle East plan that began with then British Secretary for War Winston Churchill employing chemical weapons to 'placate' the indigenous Arab tribal population of then Mesopotamia, can have continued on so seamlessly for almost 100 years of the history of the political elite, until today, when Churchill's heir finds himself slavishly devoted to the same destructive impulse. What mechanism exists that can ensure the success of such a nefarious generation-spanning agenda?

SOTT Logo Radio

SOTT Podcast: The Media Part 2

SOTT Podcast Logo
In this week's podcast we discuss what we have identified as the very first problem that must be solved in order for positive changes to be undertaken in America and elsewhere in the world: the Media. Knowledge is power. Those who control information can control the masses - it's that simple. As we researched the subject of the media, we came across The Protocols of the Learned Elders of Zion. As everyone knows, this is a vicious anti-Semitic hoax. We agree. We do not for a minute think that this represents Judaism or ordinary Jewish people. What was shocking for us was our realization that the Protocols is being implemented almost line by line by many of the members of the Bush Administration and the various government 'think-tanks' that formulate their policy. In other words, the Protocols is not a hoax because it is nonsense, but rather it is only a hoax because it was attributed to Jews. (Part 2 of 2)

Running Time: 00:38:19

Download: MP3


SOTT Logo Radio

SOTT Podcast: The Media Part 1

SOTT Podcast Logo
In this week's podcast we discuss what we have identified as the very first problem that must be solved in order for positive changes to be undertaken in America and elsewhere in the world: the Media. Knowledge is power. Those who control information can control the masses - it's that simple. As we researched the subject of the media, we came across The Protocols of the Learned Elders of Zion. As everyone knows, this is a vicious anti-Semitic hoax. We agree. We do not for a minute think that this represents Judaism or ordinary Jewish people. What was shocking for us was our realization that the Protocols is being implemented almost line by line by many of the members of the Bush Administration and the various government 'think-tanks' that formulate their policy. In other words, the Protocols is not a hoax because it is nonsense, but rather it is only a hoax because it was attributed to Jews. (Part 1 of 2)

Running Time: 00:38:19

Download: MP3


Bomb

7862 Iraqi Prisoners Murdered In U.S. Custody

Two days ago, online magazine Salon.com announcedd that they had obtained files and other electronic documents from an internal Army investigation into the Abu Ghraib prisoner-abuse scandal.

The files, from the Army's Criminal Investigation Command contained a total of 1,325 new images of suspected detainee abuse, 93 video files of suspected detainee abuse, 660 images of adult pornography, 546 images of suspected dead Iraqi detainees, 29 images of soldiers in simulated sexual acts, 20 images of a soldier with a Swastika drawn between his eyes, 37 images of Military Working dogs being used in abuse of detainees and 125 images of questionable acts. Based on time signatures of the digital cameras used, all the photographs and videos were taken between Oct. 18, 2003, and Dec. 30, 2003. Some of the images can be seen here.

Over a period of about 10 weeks in 2003 then, the US military and members of the CIA, acting on the orders of the Pentagon and undoubtedly with the knowledge of members of the US government, tortured 546 Iraqi prisoners to death in Abu Ghraib prison in Baghdad.

Bomb

The British Government: Long-Time Sponsor of Islamic Terror

You want the news behind the news? You want to know just how far from reality the official truth is? Consider the following story from today's UK Guardian:

Cult

Abovetopsecret: Ethics and Google Bombs

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Despite its claims about ETHICS, the bottom line is that Abovetopsecret.com is its own Google Bomb. ATS is an example of everything self-serving in our current reality - it is a microcosm of the Free market system, of corrupt government, democracy, business, almost everything that is wrong with this reality; all this is expressed in how abovetopsecret.com operates.

If the site is not directly handled by COINTELPRO, if the Abovetopsecret.com "Amigos" are not conscious COINTELPRO agents, then they are by default; it serves the same purpose because the infection of pathological elements reigns supreme there.

The 3 Amigos (Owners) manipulate everything about this site. They have figured out a way to manipulate google (that is why they put a thread link called "CoIntelPro" in the banner of every thread page, to push any search results for cointelpro and abovetopsecret deep into the google search pages behind them).

They do much behind closed doors but they show their arrogance freely throughout the site. They push their rules right and left, but they, as owners and moderators break them freely and regularly, seemingly as they please.

In short, it is all one giant marketing manipulation and the owners do not give a flip about the members or what is actually produced as a public consumable, so as long as it serves what is obviously their targeted purpose : To suck in more members to post which creates more indexed pages, to attract more readers, to vector their thinking and make money, and around and around it goes. It is rather amazing how the entire thing is designed and how most posters there haven't got a clue.

Bomb

Blair's Anti-Terrorism Law - Throttling The Truth

The race between Tony Blair and George Bush (and their NeoCon backers) to become the first modern Western "Democracy" to transform itself into a de facto dictatorship is heating up. Last night, Tony Blair put in a sterling performance to this end by "promising" (read threatening) that British Police will act on the new "glorifying terrorism" law which, having been rejected by his own Labour MPs and the House of Lords in January, has now been all but passed into law.

Bomb

Censorship in Modern 'Democratic' America

More than likely, you missed the display of public opinion on Bush's illegal wiretapping at Georgetown University, Washington, a few weeks ago. The reason you missed it is the same reason we missed it: the mainstream media more or less ignored it. Don't bother trying to find the story with a google news search either, it simply isn't there. Such is the state of censorship in modern-day America.

Thankfully, there are sites like Signs of the Times to bring you the news that your government feels you should be denied.

Wall Street

Signs Economic Commentary for 13 February 2006

Gold closed at 554.20 dollars an ounce on Friday, down 3.2% from $571.90 the week before. The dollar closed at 0.8401 euros, up 1.0% from 0.8317 at the end of the previous week. The euro, then, closed at 1.1904 dollars compared to 1.2024 the Friday before. Gold in euros would be 465.56 euros an ounce down 2.2% from 475.63 the week before. Oil closed at 61.84 dollars a barrel, down 5.7% from $65.37 at the close of the previous Friday. Oil in euros would be 51.95 euros a barrel, down 4.7% from 54.37 for the week. The gold/oil ratio closed at 8.96, up 2.4% from 8.75 at the end of the previous week. In the U.S. stock market, the Dow Jones Industrial Average closed at 10,919.05, up 1.2% from 10,793.62 the week before. The NASDAQ closed at 2,261.88, virtually unchanged from 2,262.58 at the end of the previous week. The yield on the ten-year U.S. Treasury note closed at 4.58%, up five basis points from 4.53 the week before.

With gold down substantially, oil down even more and the dollar up a bit against the euro, it looks like a good week for the imperial economy.