My,My,My

Here's a story some of those Trump critics should read. It seems Trump and many of his supporters are not the only ones concerned about foreigners immigrating across borders.

Mexico’s Ministry of Foreign Affairs is concerned about an influx of immigrants into the country from African and Asian countries, according to a report Thursday in El Universal.

“Many of them will have to return to their home countries,” Socorro Flores, undersecretary of Latin America and the Caribbean for the Mexican Foreign Ministry, said to El Universal.

The Mexican government is now trying to deal with this influx of immigrants by setting up shelters and working with the countries of origin of the immigrants on deportations.

Flores said regarding this immigration that, “yes there is a concern because the flows have increased and there is also a concern because they need to cross many countries to get to their intended destinations.”

Read more: dailycaller.com/2016/09/30/mexico-is-worried-about-an-influx-of-african-and-asian-immigrants

Gold Anyone?

Either it's a big hoax or a really big truth. Either way, the bunker saga won't go away. Bowling alleys and even swimming pools festooning bunkers of the rich. So what's the big deal about those rich folks storing some gold there. With the exception that maybe it's telling you something about those elites not much.

But if you don't have a bunker you could get left holding MSM bag.

zerohedge.com/news/2016-09-30/swiss-vaults

For decades, Switzerland had a reputation for bank secrecy that made it the most sought after tax haven for billionaires from around the globe.  But, after more than 80 years of secrecy, a series of bilateral agreements with countries around the world, including America’s Foreign Account Tax Compliance Act (FATCA), have forced the private-banking industry in Switzerland to embrace an entirely new era of transparency that requires a full exchange of tax-relevant information with more than a hundred countries.

Which, as Bloomberg points out, has been a huge boon for Swiss operators of private vaults which are not subject to the same transparency and reporting requirements as banks.  In fact, these super-secret, privately operated storage facilities buried around the Swiss Alps can basically store anything from anybody because they're not even required to report suspicious activity to Switzerland's Money Laundering Reporting Office. 

“There is growth in gold,” Wipfli says. “Since 2008 there has been a real interest in alternatives to bank deposits.” The company explicitly taps into that demand. Swiss Data Safe “is independent from the banking system and any other organization or interest group,” according to a PowerPoint presentation Wipfli shows clients. The company and its anonymous rival aren’t regulated by the Swiss financial-services regulator Finma.

Nor do such companies have to report suspicious activity to Switzerland’s Money Laundering Reporting Office. In the past, submissions to the agency have led the Swiss attorney general to open investigations into corruption at FIFA, the global soccer body, and banking ties to Brazil’s Petrobras bribery scandal.

Moreover, American citizens aren’t required under FATCA to declare gold stored outside of financial institutions either.  So perhaps it's no surprise that, according to the Swiss defense department, of the roughly 1,000 former military bunkers still in existence across Switzerland, several hundred of them have been sold to private individuals who are now operating them as private storage sites for the gold stash of the world's wealthiest of billionaires.

“The gold trade is a huge part of the Swiss economy,” says John Cassara, a former U.S. Treasury special agent and the author of books on money laundering.

“I’m not surprised that there are not more effective efforts in Switzerland to better monitor its misuse. The powers that be don’t want to crack down.” In the first half of this year, 1,357 metric tons of gold—worth about $40 billion—were imported into Switzerland, according to the Swiss customs office, putting the year on course to be the biggest since a record in 2013.