Tuesday, August 29, 2017

Sunday, August 20, 2017

Alert: Dollar & Markets at Risk to Plummet – John Williams

Is John Williams of shadowstats.com scare-mongering, or is he prescient?  You decide.  But look at his calculation methods of economic metrics and how they differ from official numbers, and WHY they are different.

https://usawatchdog.com/alert-dollar-markets-at-risk-to-plummet-john-williams/

A House Divided Against Itself Cannot Stand

http://www.paulcraigroberts.org/2017/08/17/house-divided-cannot-stand/

Saturday, August 19, 2017

Donald Trump Finally Comes Out of the Closet

Populism was a mirage, as it was in 2008. There was no hope and change then, and there is none today. The wealth inequality gap has never been higher than it was under Obama. And it's not closing under Trump. Wall Street is in the oval office. I'm sure I'll piss off both sides of the aisle, but it's the Elites (the top 0.1%) 2 and the People (the bottom 99.9%) 0. We've been snookered once again.

https://libertyblitzkrieg.com/2017/08/18/donald-trump-finally-comes-out-of-the-closet/

US War With China Heats Up As China Readies To Launch A Gold-Backed Monetary System

http://kingworldnews.com/us-war-with-china-heats-up-as-china-readies-move-to-launch-a-gold-centric-monetary-system/

Wednesday, August 16, 2017

Gold Price: USD 65,000/oz in 5 years?

I laugh when people tell me a return to a gold standard is impossible because, in their own words, "there is not enough gold." They should listen to themselves. What does scarcity imply? There is always enough gold to back a currency. The only question then becomes at what price? The money-printing madness will come to a terminal end at some point. And it won't be pretty.

The same people also laughed when Bitcoin advocates were touting Bitcoin's virtues when it was ten cents.  Now that it's $3400, the critics aren't laughing anymore.  And guess what?  Gold is a safer haven than cryptocurrencies will ever be.  Ask anybody who's been hacked or had their Bitcoin stolen, or when a Bitcoin exchanged collapsed.  Two wrongs don't make a right.

https://www.bullionstar.com/blogs/bullionstar/gold-price-usd-65000oz-in-5-years-2/

Friday, August 4, 2017

The Key Test Ahead

I have zero confidence that the CFTC will indict JPMorgan for the manipulation of the silver futures market.  Because they would eventually have to indict the Fed and US Treasury, and that ain't gonna happen.

http://silverseek.com/commentary/key-test-ahead-16791

Geopolitical Tensions Are Designed To Distract The Public From Economic Decline

Unfortunately, this author understands the Deep State's agenda.  And before dismissing him as just another "extremist right-wingnut", he was one of the few who predicted a Trump presidency when there were 20 other GOP candidates at the starting line.

Don't judge others--especially when they are right more often than you are.

http://www.alt-market.com/articles/3243-geopolitical-tensions-are-designed-to-distract-the-public-from-economic-decline

Thursday, August 3, 2017

Newly Unearthed CIA Memo: Media Are The "Principal Villains"

http://www.zerohedge.com/news/2017-08-02/newly-unearthed-cia-memo-media-are-principal-villains

Hot Potatoes and Dutch Tulips

Hussman forecasts the SP 500 to crash 44% to 63% from today's record levels.  And that would be a run of the mill crash, nothing spectacularly catastrophic.  In other words, it could be worse.

https://www.hussmanfunds.com/wmc/wmc170731.htm

Tuesday, August 1, 2017

Greenspan Fears Imminent Stagflationary Slump, Warns The Bubble Is In Bonds Not Stocks

Will mainstream Keynesian economists (which is redundant since 99% of economists are Keynesian) and the indoctrinated masses label former Fed Chairman Greenspan a chicken little and delirious gold bug?  He's advocating a return to the gold standard, and forecasting stagflation.

This is coming from a man who was the ultimate Keynesian and dubbed the "Maestro" because he was so deft at printing virtually unlimited "stimulus" dollars.  Now that he's 91 years old, I'm sure his former allies will label him a decrepit, old, has-been scholar.

By the way, Austrian economists have been saying the bond market is the mother of all bubbles for quite a while.  They will be proven right, if early.

http://www.zerohedge.com/news/2017-08-01/greenspan-fears-stagflationary-slump-imminent-warns-bubble-bonds-not-stocks

Does the Federal Reserve own or hold gold?

https://www.federalreserve.gov/faqs/does-the-federal-reserve-own-or-hold-gold.htm
The Federal Reserve does not own gold.

Revealed for the first time: just how much gold is in London's vaults

This article allegedly provides more transparency for the LBMA's gold holdings, but it also perhaps unwittingly exposes one of the biggest lies about the Fed's gold holdings.  This article declares the Fed owns 6700 tons.  According to the Fed itself, it owns no gold.  It's listed as an asset in the US Treasury balance sheet.  And the 8100 ton quantity is questionable.

http://www.telegraph.co.uk/business/2017/07/31/revealed-first-time-just-much-gold-londons-vaults/

BANKERS STOP THE PANIC – DIG IN FOR RANGE-BOUND PLAY

http://averybgoodman.com/myblog/2017/07/31/bankers-end-panic-level-short-covering-dig-in-for-range-bound-play/

The West lost at least another 1000 tonnes of large gold bars in 2015

Central banks are lying about their balance sheet assets?  Say it ain't so, Joe.  Bankers would never lie--especially regarding matters pertaining to gold.  /sarcasm

https://www.bullionstar.com/blogs/ronan-manly/west-lost-least-another-1000-tonnes-large-gold-bars-2015/

Overall, within the 2013 – 2015 period that is about 4200 – 4600 tonnes of gold being converted into kilogram and other smaller denomination high purity gold bars and sent to markets in China, India, Hong Kong and elsewhere in Asia. This is gold above and beyond mine supply and scrap supply. Where has all of this gold come from? Some of it is proven to be from gold-backed ETFs. Some is most probably also from central bank vaults, in which case the central banks do not have the gold that they claim to have. Which everybody know anyway, as much central bank gold has been lent out and is merely a fiction on the central bank balance sheets