Central Banks Are On A Gold Buying Spree

Distracting The Sheeple

• While banks around the world stock up on gold, the Sheeple are distracted by the controlled media machine to focus on evil Russians or meaningless politics.
• Simply, what do the banks know about the economy that they are keeping from us?

(Zerohedge)  In January 2023, Singapore’s central bank, the Monetary Authority of Singapore (MAS) returned to gold buying again, adding a massive 44.6 tonnes of gold to its official reserves, and thereby boosting Singapore’s gold holdings from 153.8 tonnes to 198.4 tonnes.

In percentage terms, this gold buying represents an incredible 29% increase in Singapore’s gold holdings in just one month. In fact, this is Singapore’s second largest largest gold purchase ever in one month, the only gold purchase that was larger was when Singapore first bought 100 tonnes of gold from South Africa in 1968.

71 tonnes in less than 2 Years

This is the second major gold buying spree by Singapore’s MAS in less than 2 years. The last time Singapore added to its monetary gold reserves was over a 2-month period between May and June 2021, when it bought 26.35 tonnes of gold over the two months, of which 16.4 tonnes was in May 2021 and 9.95 tonnes in June 2021. 

Those additions took Singapore’s gold holdings from 127.42 tonnes to 153.76 tonnes.

Zerohedge.com

Central Banks Continue Gold Buying Spree

(Yahoo Finance)  After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off.

Central banks globally added another net 77 tons to their gold reserves in January, according to the latest data compiled by the World Gold Council.

It was a 192% month-on-month increase from December and above the 20-60 ton range of reported purchases we’ve seen over the last 10 consecutive months of net buying.

A late report of a 45-ton gold purchase by Singapore in January bumped the numbers up from the initially reported 31 tons.

The Central Bank of Turkey was the biggest buyer in 2022 and continued to add gold to its reserves with another 23-ton purchase in January. Turkey now holds 565 tons of gold.

The country has been battling rampant inflation. Price inflation accelerated to as high as 85% last year and was at 64% in December. The Turkish lira depreciated by almost 30% last year.  Meanwhile, the price of gold in lira terms increased by 40% on an annual basis, according to Bloomberg.

China reported another 14.9-ton increase in its gold reserves on top of the 62 tons reported between November and December 2022.

The Chinese central bank accumulated 1,448 tons of gold between 2002 and 2019, and then suddenly went silent until it resumed reporting in November 2022. Many speculate that the Chinese continued to add gold to its holdings off the books during those silent years.

There has always been speculation that China holds far more gold than it officially reveals. As Jim Rickards pointed out on Mises Daily back in 2015, many people speculate that China keeps several thousand tons of gold “off the books” in a separate entity called the State Administration for Foreign Exchange (SAFE).

More . . . .

Pfizer Vaccine Victim Gets $225,000 Settlement

(National File)  A 16-year-old teenage boy who suffered a heart attack within days after receiving the first dose of the Pfizer-BioNTech/Comirnaty COVID-19 vaccine will be awarded $225,000 in financial assistance via Singapore’s Vaccine Injury Financial Assistance Programme (VIFAP). The Ministry of Health announced the decision on Monday in an official statement.

The boy suffered from a case of severe acute myocarditis that led to cardiac arrest, a side effect that was investigated and confirmed to a possible side effect of the COVID vaccine by the CDC, despite the efforts of left-wing Big Tech platforms such as the CDC to deny the science and censor news organizations that reported on the CDC’s findings.

“The myocarditis was likely a serious adverse event arising from the COVID-19 vaccine he received, which might have been aggravated by his strenuous lifting of weights and his high consumption of caffeine through energy drinks and supplements,” the Singapore Ministry of Health reported.

“He is making good progress and can perform his activities of daily living without assistance,” the statement continued, adding that “The independent clinical panel appointed to assess and adjudicate the VIFAP application found that while he has made good improvement, because his condition was severe and critical, he will require treatment and rehabilitation for some time yet to continue his recovery.”

Nationalfile.com

Big Tech Censorship Hides Reuters Article Exposing Metallic Contaminants in COVID Shots

Travelers forced to wear electronic tracking tags

1984 is Here

“Nothing was your own except the few cubic
 centimetres inside your skull.”
― George Orwell, 1984

(Reuters) - Singapore will make some incoming travelers wear an electronic monitoring device to ensure that they comply with coronavirus quarantines as the city-state gradually reopens its borders, authorities said on Monday.

From August 11, the devices will be given to incoming travelers, including citizens and residents, from a select group of countries who will be allowed to isolate at home rather than at a state-appointed facility.

An early big government 

tracking system

Holocaust survivor Sol Lurie shows his
Nazi Concentration Camp tattoo.

Similar measures using electronic wristbands to track peoples' movements during quarantine have been used in Hong Kong and South Korea.

Travelers to Singapore are required to activate the device, which use GPS and Bluetooth signals, upon reaching their home and will receive notifications on the device which they must acknowledge.

Any attempt to leave home or tamper with the device will trigger an alert to the authorities.

Hong Kong in March introduced a scheme for incoming travelers to use a slim electronic wristband, similar to a tag worn by hospital patients, to enforce quarantines for arriving passengers. South Korea has also used such wristbands connected to smartphone apps for those who violate quarantine.

Read More . . . .

CovidPass is Coming Soon

Terminator dogs deployed to make people obey

Yes

We are that Fucking Stupid

(Reuters) - Far from barking its orders, a robot dog enlisted by Singapore authorities to help curb coronavirus infections in the city-state politely asks joggers and cyclists to stay apart.

The remote-controlled, four-legged machine built by Boston Dynamics was first deployed in a central park on Friday as part of a two-week trial that could see it join other robots policing Singapore's green spaces during a nationwide lockdown.

"Let's keep Singapore healthy," the yellow and black robodog named SPOT said in English as it roamed around. "For your own safety and for those around you, please stand at least one metre apart. Thank you," it added, in a softly-spoken female voice.

 
Despite the niceties, breaches of Singapore's strict lockdown rules can result in hefty fines and even jail.

The city-state of 5.7 million people has more than 21,000 cases, one of the highest tallies in Asia, largely due to mass infections among migrant workers living in cramped dormitories in areas little visited by tourists.

Under rules to enforce the lockdown in place until June 1, residents can only leave their homes for essential trips like grocery shopping and must wear a mask at all times in public. Exercise outdoors is permissible but must be done alone.

Another robot, in the shape of a small car, has been deployed at a nearby reservoir to warn visitors "not to loiter" and that "gatherings are not allowed".

The authorities behind the latest trial - the government technology and cyber security agencies - said in a statement that SPOT could better cross rough terrain in parks and gardens.

As well as broadcasting messages reminding visitors of social distancing measures, SPOT is fitted with cameras and analytics tools to estimate the number of people in the park.

Read More . . . .

Terminators

"Listen, and understand! That Terminator is out there! It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are dead." - - - - Kyle Reese

Robo-Terminator Cop is on Duty in Singapore

Make No Mistake
These Robo-Terminators will be used by all governments to clear the streets of those daring to protest against the all-powerful state.

Singapore (AFP) – Hi-tech Singapore has deployed an autonomous robot with a swivelling camera for a head and flashing lights to patrol a summit venue — arresting the attention of amused passers-by who stopped to snap selfies.

The white, four-wheeled buggy, measuring about five-feet (1.5 metres), trundled around the perimeter of a convention centre in the city-state, providing additional security at a meeting of world leaders.

The so far unnamed robot, decked out with flashing blue and red lights, is a prototype reportedly developed by the police, which can transmit a 360-degree picture of the area it is patrolling. 

Singapore has deployed an autonomous police robot.

It navigates independently on a pre-mapped route and can avoid obstacles, local media reported, citing police.

But rather than fearing the long robotic arm of the law, many passers-by were amused by the device, with some mistaking it for a gigantic toy.

A handful stopped to snap selfies, while one man marched next to it grinning broadly as it wheeled slowly around near the convention centre. 

“It’s so cute, it looks like a toy,” said Chinese holidaymaker Ruan Min, taking a picture as her four-year-old daughter chased the robot down the street. 

Singapore, known for its strict law and order, has rolled out a major security operation to secure this week’s meetings, which are organised by the Association of Southeast Asian Nations (ASEAN) and attended by 20 world leaders.

Read More . . .

Say hello to our Robot Overlords
(Khaleej Times)  -  By 2030, almost 30 per cent of the Dubai Police force will be made up of robots. So whether you want to report a crime, send out a call for help, or simply use one of its e-services, the one-stop Robocop is the answer.
.
Standing at 170cms tall and weighing 100 kilogrammes, the autonomous robot will be positioned throughout the city's malls and streets and will cater to both residents and tourists.
.
Read More:
Want help from Dubai Police? Robocop is now to the rescue

John Connor: You just can't go around killing people. 

The Terminator: Why? 

John Connor: What do you mean why? 'Cause you can't.

 

The Terminator: Why?

 

John Connor: Because you just can't, OK? Trust me on this.

Jihad Army Arrested in Singapore

Islamic Terror Spreads

SINGAPORE: The 27 Bangladeshi nationals arrested in Singapore with terror links "could easily have changed their minds and attacked Singapore," said Minister for Home Affairs K Shanmugam in a Facebook post on Wednesday (Jan 20).

He noted that the men, who were meeting on a regular basis at a mosque, had materials on techniques of silent killing and videos of jihadist propaganda. While the minister did not name the mosque, Bangladeshi newspapers The Daily Star and New Age cited case documents stating that it was the Angullia Mosque near Mustafa Centre.

"Our security agencies have done well in picking them up early. I had said yesterday that the threat of terrorism is real. We are getting daily reminders of that," said Mr Shanmugam, who had highlighted in a speech on Tuesday that Southeast Asia has become "fertile ground" for terrorism. 

Prime Minister Lee Hsien Loong described the 27 men as a "serious threat" to Singapore, even though they did not plan to carry out their "nefarious" activities in the country.

"We are tightening up our security, and acting to protect our racial and religious harmony. Radicalisation and terrorism must never take root in Singapore," he said in a Facebook post. He also urged people to be on guard for suspicious activities.

Minister-in-Charge of Muslim Affairs Yaacob Ibrahim also expressed concern, following the arrests.

“Terrorism is a continuing threat that can have a grave impact on all of us. I appeal that we be more vigilant, whether against radical teachings and ideologies, or of any suspicious activities around us,” said Dr Yaacob in a Facebook post.

(Channel News Asia)

SHOCK: Freedom creates jobs and wealth



The rooftop infinity pool at the Marina Bay Sands is the length of one-and-a-half
football fields and overlooks Singapore's financial district. The pool is among the casino
resort's attractions aimed at making gambling more palatable to its critics.



Singapore transforms into a gambling hot spot

• Anti-gambling, anti-free enterprise morality laws are abolished
• Result  -  Thousands of brand new private sector jobs are created

The traditionally uptight Asian city-state is poised to eclipse Las Vegas next year as the world's second largest gaming destination says the Los Angeles Times.  They have lifted a decades-old ban on gambling and opened two new casinos last year.

What a "crazy" idea.  If you want to create jobs and wealth then legalize freedom.  Allow free peoples to engage in the types of businesses they want and need.  Then sit back and watch wealth be created before your very eyes.

Singapore, Sin City-State? It seems an unlikely moniker for this straight-laced society best known for banning chewing gum and caning scofflaws for infractions as minor as overstaying a travel visa.

For half a century, Singapore has cultivated a reputation as a business-friendly nanny state that overcame its tight confines and dearth of natural resources to become one of the quintessential Asian Tiger economies. The government saw regulating its citizens' behavior and marginalizing critics as essential to its success.

But the fear of losing Asia's battle for tourism — and the prospect of creating thousands of local jobs — spurred Singapore to reconsider. The island nation has seen rising regional competition for its pillar industries, such as high-tech manufacturing and financial services, and has felt a need to diversify its economy.

To that end, the nation's 87-year-old founding father, Lee Kuan Yew, and his son, Prime Minister Lee Hsien Loong, began championing the idea of casinos and an image makeover for uptight Singapore.

The city-state then lifted a decades-old ban on gambling and opened two sparkling new casinos last year — one operated by Las Vegas Sands Corp. and the other by Malaysian-owned Resorts World Sentosa — at a combined cost of more than $10 billion.

"The government is trying to make a virtue out of a vice," said Eugene Tan, an assistant professor of law at Singapore Management University. "They're trying to say, 'This is not the Singapore of old, it's a happening place with a bit of raciness.' "


Marina Bay Sands the resort features a 2,561-room hotel, a 1,300,000 square foot convention-exhibition center, the 800,000 square foot The Shoppes at Marina Bay Sands mall, an iconic ArtScience museum, two large theaters, seven "celebrity chef" restaurants, two floating Crystal Pavilions, an ice skating rink, and the world's largest atrium casino with 500 tables and 1,600 slot machines.


To make gambling more palatable to its critics, Singapore adopted a euphemism for the casinos by calling them integrated resorts. The operators had to offer additional attractions and could not dedicate more than 5% of their total floor space to the casinos.

Marina Bay Sands targeted conventioneers — and transformed the city's skyline — by constructing its hotel as three glass skyscrapers joined at the top by a sky park. The park, a stunning 57-story-high terrace, features an infinity pool the length of one-and-a-half football fields overlooking Singapore's financial district.

For now, at least, the strategy has given Singapore a boost. Last year, a record 11.6 million tourists visited the country, and the two casino resorts were estimated to have accounted for 1.7% of Singapore's gross domestic product, the government said.

"Access to two large casinos in a prosperous city is a winning formula," said Huei Suen Ng, an analyst for brokerage CLSA in Hong Kong.

Ng estimates that the casinos contribute 90% of the resorts' total revenue. She said Singapore will likely match Las Vegas for gaming dollars this year at around $6.5 billion but then surge past it next year with estimated revenue of $8.1 billion.

Macao is still by far the biggest gambling site in the world, scoring $23.5 billion in gaming revenue last year.

For more on this story