16 January 2012

Hizballah planned Mumbai-style attack on Habad Bangkok, Khao San restaurants

DEBKAfile Special Report January 16, 2012, 1:22 PM (GMT+02:00)

The Thai police's capture of a Lebanese-Swedish Hizballah suspect, who was charged Monday, Jan. 16, thwarted a terrorist attack on Bet Habad in Bangkok, involving the taking of hostages and blowing up the building. It was to have followed the same lines as al Qaeda's 2008 assault on the Mumbai Habad center which killed 8 Israelis and Jews - only more ambitious. The Habad Bangkok is much larger: its hostel has rooms for dozens of lodgers. A second team was to have hit the Khao San Road restaurants popular with Israelis and Americans in a coordinated operation.

This is the first time Western and Israeli agencies have found evidence of the Lebanese Shiite Hizballah using and training operatives in the same terrorist methods as al Qaeda.

debkafile's counter-terror sources note that two or possibly three Hizballah cells were to have gone into coordinated action on the same date this month. The only suspect in Thai custody is Atris Hussein, 47, who was arrested as soon as he landed at Bangkok international airport Thursday, Jan. 12.

US, Israel in open rift over Iran: Big joint military drill cancelled

DEBKAfile Exclusive Analysis January 15, 2012, 3:31 PM (GMT+02:00)

US-Israeli discord over action against Iran went into overdrive Sunday, Jan. 15 when the White House called off Austere Challenge 12, the biggest joint war game the US and Israel have every staged, ready to go in spring, in reprisal for a comment by Israeli Deputy Prime Minister Moshe Yaalon in an early morning radio interview. He said the United States was hesitant over sanctions against Iran's central bank and oil for fear of a spike in oil prices.
The row between Washington and Jerusalem is now in the open, undoubtedly causing celebration in Tehran.
Nothing was said about the 9,000 US troops who landed in Israeli earlier this month for a lengthy stay. Neither was the forthcoming visit by Gen. Martin Dempsey, Chairman of the Joint US Chiefs of Staff, Thursday mentioned.

The exercise was officially postponed from spring 2012 to the last quarter of the year over "budgetary constraints" – an obvous diplomatic locution for cancellation. It was issued urgently at an unusually early hour Washington time, say debkafile's sources, to underscore the Obama administration's total disassociation from any preparations to strike Iran and to stress its position that if an attack took place, Israel alone would be accountable.

US Backs Off Iran Attack?

Massive joint US-Israeli drill postponed
Paul Joseph Watson
Infowars.com
Monday, January 16, 2012
The United States has cancelled a joint military exercise with Israel in a move some analysts are saying could represent a reluctance to support an attack on Iran.

“Israel and the United States have postponed a massive joint defense exercise, which was expected to be carried out in the coming weeks, in order to avoid an escalation with Iran,” reports Haaretz.
Although the United States has already sent 9,000 troops to Israel, a move described as a “deployment” rather than an exercise by US Commander Lt.-Gen Frank Gorenc, the Austere Challenge 12 drill, intended to be a wargame response to missiles fired by Iran, has now been postponed until the summer.

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Everything You Need to Know About Wall Street, in One Brief Tale

 

POSTED: January 13, 9:15 AM ET

If there was ever a news story that crystalized the moral dementia of modern Wall Street in one little vignette, this is it.

Newspapers in Colorado today are reporting that the elegant Hotel Jerome in Aspen, Colorado, will be closed to the public from today through Monday at noon.

Why? Because a local squire has apparently decided to rent out all 94 rooms of the hotel for three-plus days for his daughter’s Bat Mitzvah.

The hotel’s general manager, Tony DiLucia, would say only that the party was being thrown by a "nice family," but newspapers are now reporting that the Daddy of the lucky little gal is one Jeffrey Verschleiser, currently an executive with Goldman, Sachs.

At first, I couldn't remember how I knew that name. But then I looked it up and saw an explosive Atlantic magazine story, published last year, called, "E-mails Suggest Bear Stearns Cheated Clients Out Of Millions." And then I remembered that piece, and it hit me: Jeffrey Verschleiser is one of the biggest assholes in the entire world!

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Pento: US to Default, Crushing Dollar & Creating Gold Explosion

15 January 2012

Harvey Organ's - The Daily Gold and Silver Report - Saturday, January 14, 2012



Saturday, January 14, 2012
Greece
Good morning Ladies and Gentlemen:

The bankers in their great wisdom, decided to delay by one day their raid on gold and silver. On Thursday, the cartel saw the precious metals rise on a "great" auction in Europe. The rise provided extra juice for the bankers on Friday and they did not disappoint. Gold fell by $17.30 down to $1630.40. Silver was hit for a loss of 36 cents to $29.75. Bourses were hit first in Europe with news of a possible S and P downgrade on France. That brought the Dow down initially quite hard to triple digit losses, but it rallied on the close down only 48 points. Gold rose with the Dow advancing but not silver. France was finally downgraded at 4:30 pm Friday night. Here are the final closing prices:

Gold: $1639.70
silver: $29.77

The bankers have complete control of the paper price of gold and silver. I would like to report that again we had no USA bank failures Friday night.
Let us go to the comex and assess trading, amounts standing for delivery, inventory movements and the COT report for positions of the various players.

The total gold comex open interest rose by 4,383 contracts which provided the fodder for our bankers to whack on Friday. Always remember that all OI figures are 24 hours back. Thus the "real" OI Friday is officially the close of trading at the comex on Thursday. The front options expiry month of January saw the OI rise by 5 contracts from 30 to 35 despite 8 deliveries on Thursday. We thus gained another 1300 oz of additional gold standing and lost nothing to cash settlements. The next big delivery month is February and we are a little over 2 weeks to first day notice. The February month saw a contraction from 182,125 to 174,222 as many are rolling to other future months namely April. The estimated volume was quite high yesterday coming in at 230,480 and this was due to:

1. the high rollovers
2. the extra shorting by the bankers.

The total silver comex OI hardly budged in total contrast to gold. Here the OI fell by only 5 contracts to 103,877. There is no question that silver is trading in a different pattern to gold. Judging from the comex movements it seems that the CME is getting ready for some serious deliveries in March. The front options expiry month of January saw its OI fall from 185 to 122 for a loss of 63 contracts. We had 125 delivery notices filed on Friday for delivery on Tuesday so we again gained 62 contracts or 310,000 additional oz of silver standing for delivery and lost nothing to cash settlements. The next front month which appears to be of considerable interest to investors is the March contract and here the OI lost only about 600 contracts to roll overs. The OI rests this weekend at 55,029. The estimated volume on Friday came in at a weak 38,682. The confirmed volume on Thursday was also weak at 38,807 The entire silver comex longs appear to be in very strong hands as these guys do not seem to be bullied by the banker's antics.

US acts to hold Israel back from striking Iran. Their intel agencies at odds

DEBKAfile Exclusive Report January 14, 2012, 10:36 AM (GMT+02:00)

The bombing attack in Tehran which killed Iranian nuclear scientist Mostafa Ahmadi-Roshan last Wednesday, Jan. 11, generated an angry phone call from US President Barack Obama to Israeli Prime Minister Benjamin Netanyahu the next day, debkafile's Washington and intelligence sources report.  Washington is increasingly concerned, the Wall Street Journal reported Saturday, that Israel is preparing to strike Iran's nuclear sites over US objections and has bolstered the defenses of US facilities in the region in case of a conflict.
Obama, Defense and Secretary Leon Panetta and Secretary of State Hillary Clinton have been sending private messages to their Israel contacts warning them about the dire consequences of a strike, the paper reports. Top US armed forces chief Gen. Martin Dempsey will visit Israel next week.

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Iran Could Make Silver Bugs Filthy Rich

If the first year of the Iraq War of 2003 offers up some clues to the potential move in the silver price following an invasion of its neighbor Iran, then grab as much of the white metal as you can and enjoy the ride.  This ride could be for the record books.  Sign-up for my 100% FREE Alerts
On the officially day of the U.S. invasion of Iraq on Mar. 20, 2003, silver traded at the lowly price of approximately $4.35.  On the first anniversary of the invasion, the silver price reached nearly $8.00, for an 83 percent return (see graph, below).
But an attack on Iran could make an 83 percent return seem miniscule.
Backing up for a moment, however, an obviously important question, first, should be: how likely is an imminent attack on Iran?
With reports of American troop movements into Israel, along with Reuters reports of two U.S. aircraft carriers headed to the Persian Gulf and a lot of chatter from Washington command appearing on television as salesmen for an attack, a military strike on Iran is likely, according to Jim Rickards, adviser to government personnel on U.S. national security issues and frequent guest of King World News.

'Six reasons why still to buy gold bullion or gold'

By Mike Neon
When you see across the world, you will notice bad times giving you reasons to put your money in Gold bullion . Having gold at any point of time is a secure choice to try since it works when everything fails.

Six reasons why to buy gold bullion or gold:

--Fights with a troubled economy: We see the US and the world economy fluctuating where we see effects shaky about the dollar and euro and even other currencies of the world sinking to a great extent. At such juncture when currencies are losing value, buying gold bullion or gold somewhere in the past will help him survive the bad economy.

Iran Foreign Ministry Claims Nuclear Scientist Was Executed By CIA, As Nigeria Strike Talks Collapse

Tyler Durden's picture

Gold relinquishes relationship with dollar, may regain 'safe haven' status, says Dubai-based expert

Source: Precious Metals, Emirates NBD , Author: Gerhard Schubert
Posted: Sat January 14, 2012 6:42 pm

UAE. Emirates NBD, the United Arab Emirates biggest lender by assets, today released its weekly Precious Metals Report.

Gold: US$1,639.00 – up US$33 since the 25th December 2011.
Gold has done very well in the light of the re-balancing of the commodity indexes and the significant pressures resulting out of this. It shows again that the Market participants did build up significant short positions in front of the index sales and that the market was forced to cover when the prices rallied.

Gold received also some support from the changed sentiment in Platinum, and the whole complex was under a lot less pressure than expected. I think it is time to start concentrating on the outlook for 2012 again.

We do expect Silver to move closely orientated to Gold but Silver would be the winner if Gold is capable of moving further forward from here on. The investment community had abandoned Silver during 2011, but a resurgence of interest could be seen if Gold can carry on the uptrend and tow Silver in its wake.