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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (76078)	7/6/2011 6:38:16 PM
From: TobagoJack	2 Recommendations Read Replies (1) \| Respond to of 217661

will the cretins never evolve into mere morons? nydailynews.com

To: 2MAR$ who wrote (76078)	7/6/2011 8:03:15 PM
From: TobagoJack	Respond to of 217661

freedom hk must be getting ready for new biz as old biz to be eliminated from girly-men switzerland and shall never getting started in running dog domain singapore hk's china banks can simply adopt same regime as do citi bank in hk, tit for tat, do for american customers by way of mainland branches as do citi do for mainland chinese customers by way of usa mainland branches a win win resolution for sino usa cooperation ;0) just cleared from e-mail tray From: J Sent: Thu, July 7, 2011 7:22:26 AM Subject: Re: sledge hammer against offshore accounts how did the rome story end? oh, it hasn't ended yet, as the conclusion to the french revolution is not yet in. history is a much more important subject than many other subjects, i feel, unless short. speaking of short history, the empire is about to phase-change from the tyrannical to the comical will the cretins never evolve into mere morons? nydailynews.com From: H Sent: Wed, July 6, 2011 11:18:10 PM Subject: Re: sledge hammer against offshore accounts all of this is very reminiscent of the fall of Rome..... On Wed, Jul 6, 2011 at 10:23 AM, J wrote: sovereign wastrels ganging up to gang bang sovereign savers bloomberg.com Swiss Banks Block Offshore Accounts on Taxes By Elena Logutenkova - Jul 6, 2011 6:01 AM GMT+0800 The number of complaints to the Swiss banking ombudsman has been rising since UBS AG, Switzerland’s biggest bank, agreed in 2009 to disclose data on more than 4,500 American clients suspected of tax evasion to the Internal Revenue Service. Photographer: Gianluca Colla/Bloomberg Swiss banks are blocking clients from gaining full access to offshore accounts in connection with tax treaties being negotiated betweenSwitzerland and Germany, the U.K. and the U.S., the Swiss banking ombudsman said. “This is a new type of complaint we’re getting only since this year,” Hanspeter Haeni said by telephone today, adding that he’s not allowed to disclose the names of the banks. “I’m afraid there will probably be more such cases.” Total complaints this year from foreign clients about treatment by Swiss banks have already surpassed the 39 made for the whole of 2010. The 44 complaints received by the ombudsman’s office this year come mostly from customers with U.S. citizenship or a green card and from Germany, Haeni said. Switzerland is in talks with Germany, the U.K. and the U.S. about resolving the issue of untaxed assets held in Swiss bank accounts. The countries are negotiating about the possibility of withholding taxes on interest, dividends, capital gains and investment income earned by clients with offshore bank accounts as well as levying a tax for past non-disclosure. The number of complaints to the ombudsman has been rising since UBS AG (UBSN), Switzerland’s biggest bank, agreed in 2009 to disclose data on more than 4,500 American clients suspected of tax evasion to the Internal Revenue Service. German authorities since last year have been investigating about 1,100 customers of Credit Suisse Group AG (CSGN), the second-largest bank, after obtaining a disk with data on undeclared accounts. Legality Unclear The complaints filed with the ombudsman mostly relate to banks’ decisions to stop doing business with some clients or to charge them higher fees to make up for a more complex regulatory environment, Haeni said. In relation to banks’ blocking full access to the money, the ombudsman recommends customers to talk to the lenders directly. “The answer to the question of whether banks are allowed to do that isn’t at all clear,” Haeni said. “The client needs to talk to the bank about possibilities to protect the interests of both parties.” Spokesmen at UBS and Credit Suisse declined to comment on whether the banks are blocking any accounts. Julius Baer Group Ltd. (BAER) and Wegelin & Co. also declined to comment. “Blocking wealth assets without a cogent reason is not a business policy of Zuercher Kantonalbank,” spokesman Diego Wider said in an e-mailed statement. The Swiss bankers association has recommended its members provide “no active assistance” to clients on getting their money out of the country before tax negotiations conclude, said spokeswoman Rebeca Garcia. Client Identities Under the withholding tax plan originally proposed by the association, revenue generated would go to treasuries in the U.K. and Germany while client identities would remain secret. Swiss banks, which manage about 27 percent of the world’s cross-border wealth, must take measures to “mitigate or eliminate risk” connected to their business with clients that are not resident in Switzerland, the Financial Markets Regulatory Authority said in a report last October. That may mean withdrawing services from certain markets or categories of clients, the Bern, Switzerland-based regulator said. Haeni has been the banking ombudsman since September 1995, acting as an independent mediator between clients and banks based in Switzerland on specific complaints.

To: 2MAR$ who wrote (76078)	7/7/2011 1:02:53 AM
From: TobagoJack	Respond to of 217661

just out from send tray From: J Sent: Thu, July 7, 2011 12:40:45 PM Subject: Re: Comments - Week of July 4 - silver for adrenalin this day and thrills going forward, have massively bought 1/3 of eventual paper silver position via bank of china system, to lubricate the new china silver n gold exchange in alignment with ruling party policy, and front run the chinese masses, washed and otherwise, all eventually wishing to engage with monetary freedom and escape paper inferno. the fact that pboc [edit: peoples bank of china] is raising rate is irrelevant. the truth that interest rate is negative and expectation on real estate capital gain is zero on the mainland are cogent points the remaining 2/3 wager would be implemented between now and x-day, either in new york via slv and/or in london via whatever still to be identified (anton, heinz, recommendations appreciated), to create the necessary and almost 24/6 platform so as to better sell, off-load, and otherwise escape, and enabling mineralizing the expected surplus. yes, silver can go down to 20, but if so, so much the cheaper and better. let's see if capitol hill can do us a favor and create a crisis, and as much as able we must engage with all flavors of gold, that be rich man's gold strategic platinum, poor fellow's gold antiseptic silver, and noble and just gold itself. questions: how many rmb need to seek salvation? what is the worth of rmb redemption in terms of troy ounces ? answer: my minds eye see below photo indicative of chinese adulation for silver and gold when truly dire per barbarians at the gate and communists at the door ft.com From: B Sent: Wed, July 6, 2011 10:36:39 PM Subject: Re: Comments - Week of July 4 Remainder of McGuire piece: “The impact on the price of silver will be even more pronounced. Silver is a much smaller market and already in tight supply. If just 1% of Agricultural Bank of China customers buy 500 ounces of silver, that would require 1.6 billion ounces of silver! I believe the leveraged and naked existing short side concentration in silver will be blind-sided by this. In my opinion it will create a massive short squeeze. None of this potential new physical demand has been factored in by analysts and I expect a large and unanticipated drawdown of physical gold and silver over the next few months, ahead of the international contracts going ‘live.’ One of the key points here Eric is that many of these shorts are naked and heavily leveraged. Thus for every physical ounce of gold and silver taken out of the physical market and into this new exchange in China, it will force many multiples of that to be covered in the paper market.” On Wednesday, July 6, 2011, B wrote: Andrew Maguire this AM: kingworldnews.com This morning London whistleblower Andrew Maguire told King World News that the launch of the new gold and silver exchange in China will destroy the remaining gold and silver shorts. Maguire stated, “The launch of this new gold and silver exchange has flown under the radar, but certainly has my attention. I firmly believe we are marking a pivotal point that will in very short order affect current precious metals price discovery dynamics. We now have an additional factor to be vended into the supply demand equation. This factor will ultimately destroy the remaining short positions in both gold and silver.” Maguire continues: > “China is keen to diversify their cash holdings and is also encouraging citizens to make investments in gold and silver. The Pan Asia Gold Exchange is another step in this direction by opening up ease of access to physical gold and silver to their bank customers. This physical backed exchange is going to be a big game-changer. Just look at the scale of this to get an idea of how massive this game-changer will be, The Agricultural Bank of China has over 320 million retail customers and 2.7 million corporate customers and has integrated its customer account information system with this platform. By creating the first ever rolling spot contract, Chinese bank customers will for the first time have ease of access to 10 ounce gold contracts in Renminbi directly from their bank accounts and with the click of a mouse. To give a further idea of scale, if just 1% of their customers bought a single 10 ounce contract, that would equate to 1,000 tons of physical gold being drawn down....