Friday, July 29, 2016

The Central Issue in the U.S. Presidential Campaign

Many Americans are stupid, but most aren't idiots.  They're just gullible and willfully blind.

The Power of “Nyet”

Yes, this blogger has a Russian bent, but his propaganda is closer to reality than the neocon Washington narrative.

Thursday, July 28, 2016

"Short Everything That Guy Has Touched" - San Fran's Lending Standards Put The Last Housing Bubble To Shame

Will Any Future POTUS Matter (Other Than Launching More Wars)?

US government pays $475,000 for illegally searching woman’s vagina

EXCLUSIVE: IRS Launches Investigation Of Clinton Foundation

Ummm, regarding those missing emails...

If Everything Is So Great, Then Why Do Two-Thirds Of Americans Say The Country Is On The Wrong Track?

Paul Craig Roberts – We Are About To Witness The End Of The World As We Know It

Wednesday, July 27, 2016

Monday, July 25, 2016

Obama's "Deeply Disappointed" Half-Brother Will Vote Trump Because "He Speaks From The Heart"
He says he started the charity in 2008 because he wanted to make a difference in the family’s hardscrabble village in Kenya.

But the charity came under fire when The Post revealed in 2011 that it was an off-the-books operation that hadn’t registered with the state of Virginia or, as it claimed, had tax-exempt status from the IRS.

Shortly after The Post report, the IRS gave its stamp of approval, leading to speculation that the president had intervened.

ALERT: James Turk Issues Warning About Action In Gold & Silver Markets

Derivatives Are Now 15 Times World GDP But Here Is An Even More Frightening Problem

Sunday, July 24, 2016

Democrats Accuse Russia Of Hacking DNC Server To Help Donald Trump

The lies on top of lies covering up the fact that Hillary Clinton's emails being hacked isn't even being covered up anymore, as the corruption is so obvious now.   So obvious that campaign officials aren't even trying to cover it up.  They're redirecting it to Trump along false premises.  It would be comical, but it's tragic that so many millions are still so willfully blind.

This is by no means an endorsement for Trump, as his character flaws are fairly evident as well.  This country deserves Clinton because a cleansing reset will happen sooner than later under her watch. Let's just get it over with and clean house in Washington.  And it's got nothing to do with an election.  The 2016 election is just another mindless and futile exercise in sovereignty.  The real test is whether there will be a 2020 election.  Because the pitchforks will be out by then.

If You Can’t Touch It, You Don’t Own It - Jeff Thomas

Saturday, July 23, 2016

US War In Afghanistan Is Fueling Global Heroin Epidemic & Enabling The Drug Trade

Thanks Bush.  Thanks Obama.  Thanks Clinton.  And thanks to many other neocons.

Hillary Says Trump Is Most Dangerous Presidential Candidate Ever – But She Is

"Policymakers Have Been Calling A 'Depression' A 'Recovery' For Nearly A Decade"

This is why protests, violence, and social unrest will accelerate.  There has been no "recovery", despite the narrative of the powers-in-charge.

End Of An Era: The Rise And Fall Of The Petrodollar System

This is a long, but good read on oil, gold, petrodollar, geopolitics, and currency shifts.   However, it doesn't address the inevitable effects and undesirable conclusion.  The USDollar losing its status as the global reserve currency results in loss of purchasing power for American consumers and hyperinflation.

Wednesday, July 20, 2016

Potential Crisis Triggers Continue To Pile Up In 2016

Prominent Gold Skeptic Willem Buiter Says "Gold Looks Pretty Good"

Buiter, like Greenspan, is a punk.  After bashing gold 2 years ago, he now articulates its monetary value.  Both he and Greenspan are flip flopping, although Buiter is insufferable.  Even though he is now right, he's still wrong on some of the reasons for why he is bullish on gold.  At least Greenspan is somewhat predictable, understanding the value of gold before and after holding his position as Fed Chairman.  It was during his tenure as Fed Chair that Greenspan was predictably sour on gold.

With Buiter, he's acknowledging his ignorance for gold, and yet this clown is paid millions to be Citi's Chief Economist?  Here's a thought:  if this incredulous gold skeptic is now reversing his opinion, perhaps this foretells the next big leg up in gold and silver.  Are the financial elite panicking and ready to throw in the towel?

If Trump Tries to Remove ISIS, Will He Be Removed?

Tuesday, July 19, 2016

Silver jumps 50 percent, but beware the devil's metal

This Reuters "article" is filled with inaccuracies and half-truths.  The authors paint a discouraging picture on silver.  My contrarian disposition says "buy."

America Has Become a “Parasitocracy”

Friday, July 15, 2016

Fed Cornered: Core CPI Jumps Near 4 Year Highs As Rent Rises At Fastest Rate In 9 Years

As predicted, the Fed is cornered.  In a "Be careful what you wish for" scenario--the Fed has been desperately clamoring for higher inflation, as disinflation is mistakenly articulated as deflation, a softer term for depression, which is an existential threat to the financial authorities.  According to pundits, inflation equals GDP growth, which means the bureaucrats get to keep their jobs.

However, to the average consumer, higher prices equates to lower purchasing power.  Perhaps the computer industry best illustrates how lower prices--not higher prices, catalyze booming economies.  On the other hand, higher costs lead to lower profits, layoffs, and store closures.  See the big box retailers as counterexamples of booming economies.

Now that inflation is on the rise, the Fed now has to scramble because fighting inflation requires raising interest rates.  But due to exploding debt (at the government, consumer, and corporate levels), raising interest rates would bankrupt not just America, but globally, thereby crashing financial markets and destroying wealth.  This is the financial cul-de-sac which sound money advocates have been warning against.  Reckless creation of fiat currency and credit markets does result in tears.

Expect more financial crises and social unrest, as billions struggle to make ends meet.

Tokyo Commodity Exchange to launch Physical Gold Market

Even the Japanese, who have historically low holdings in precious metals, are going physical.

Detonation of the LBMA - It Wasn't Brexit, Governor Carney

The false narrative propagated by the powers-that-be is the Brexit will cause distress in financial markets.  The truth is the unraveling of the fraudulent Ponzi schemes within the LBMA and Bank of England will cause markets to erupt.

Deutsche Bank Settles Silver, Gold Price-Manipulation Suits

No one goes to jail.  And the biggest perps aren't even indicted.

Tuesday, July 5, 2016

The Gold Standard: Friend of the Middle Class

Rudy Giuliani: "Today Hillary Clinton Was Put Way Above The Law"

Peak FBI Corruption? Meet Bryan Nishimura, Found Guilty For "Removal And Retention Of Classified Materials"

Forget The Pullback And Look At These Stunning Price Targets For Gold & Silver

The article links to a great resource, the Inflation Calculator, which provides pricing information based on official and unofficial inflation data, a so-called price deflator.

The input on the official price of gold is slightly variant (but the correct messaging is spot on), as the author inputs an official  price of $20.79 in May 1913 (the same year the Fed was created, not so coincidentally).  The actual official price of gold back then was $20.67, while the average price of gold based on the London Fix was $20.64, according to <click here>.

The input on the official price of silver also differs, according to whether one uses the official price or average price for 1913.  The unofficial price of silver based on the London fix was $0.58, according to <click here>.  The author uses an official price of $1.29, which may be accurate (there is very little data on the "official" price of silver, which presumably was set by the US Treasury).

Bottom-line:  the article points to the Inflation Calculator which indicates how much the USDollar has been debased by perpetual currency and credit creation from the Fed and US Treasury, as reflected in the prices of gold and silver.

Interestingly enough, the Minnesota Fed provides a similar calculator, named "What's a Dollar Worth?" on their website, based on official CPI data <click here>.

Legend Warns This Will Totally Devastate The World And The Window To Save Yourself Is Closing