Marcus: We Couldn’t Start Home Depot Today

Despite rhetoric from both sides of the aisle, the US is already a socialist country.  The economy is suffering because of an over-regulating, over-taxing, over-reaching government.

Forget politics.  Forget right wing / left wing rhetoric.  Forget the conservative / liberal paradigm.  Let's all agree that Home Depot is a great American institution who played a major role in building up our real estate enterprise.  Today, the regulatory and business climate is so burdensome, that the founder of Home Depot said he couldn't have started Home Depot today.

https://www.jobcreatorsnetwork.com/press_releases/marcus-we-ccouldnt-start-home-depot-today/

This financial bubble is 8 times bigger than the 2008 subprime crisis

https://www.sovereignman.com/trends/this-financial-bubble-is-8-times-bigger-than-the-2008-subprime-crisis-19590/

312K Full-Time Jobs Were Lost In Last Two Months, Offset By 118K Part-Time Hires

At this rate, according to official government employment statistics, by the time we reach an unemployment rate of 0%, there will be 320 million Americans without jobs.  The calculation methodology is corrupt.

http://www.zerohedge.com/news/2016-06-03/312k-full-time-jobs-were-lost-last-two-months-offset-118k-part-time-hires

Friday Job Reports And Its Impact On Gold And Silver Prices

I like to report anomalies because they are sometimes more insightful than status quo trends.  In the past, the monthly Friday job reports were rose-colored, and thus falsely indicating economic growth.  This was a perfect event-driven storm to enable the precious metals "big shorts" to collusively and (illegally) artificially suppress paper gold futures exchanges, instigating a waterfall in gold and silver prices.

The false rationale would be "the economy is growing, so the Fed should start reversing 'zero interest rate policies' and raise interest rates.  This, would in turn, remove the appeal for precious metals since bonds would offer a higher yield.  And sure enough, about 80-90% of the time, government jobs reports on Friday of every month would induce a sharp decline in gold and silver prices approximately 10:30 am New York time on those Fridays.

The fact that this trade was so predictably profitable is a huge red flag that gold and silver markets are hugely manipulated, which the class action lawsuits are now confirming that these are no longer conspiracy theories, but conspiratorial fact.

The usual suspects were the bullion banks operating (surreptitiously as agents for central banks) in London and New York, and the prima facie evidence was the build up of huge short interest on the COMEX futures exchange, in anticipation of said price declines.

I would thus report to you--my friends and clients, to "buy the dip."  More recently, however, the anomalies would occur, where the opposite has occurred:  prices would spike up on jobs report Friday.  Today, that anomaly occurred again.

This may indicate a few points:

1) the big shorts, aka the paper gold and silver price manipulators, may be losing their grip, and the shortage in the (Asian) physical markets are starting to usurp the crooked paper markets.

2) related to point (1), the former big shorts may now be going long to cover their shorts, as they anticipate a growing scarcity in physical markets

3) the "hot money" hedge funds, which are typically "wrong-way Corrigans", are leaning the wrong way again, looking to secure 2016 profits and even going short--just when the precious metals sector is poised to climb again after a correction, which was preceded by the big rally in 2016.  They zig when markets are about to zag--and vice versa.

Cliff Notes version:  despite the normal zigzagging of precious metals, the bottom of December 2015 is in place, and the bullish trend is up, after a brutal 5 year washing out.  Precious metals look poised to continue their secular bull market, whether your time frame is since 2008, 2001, 1971, 1933, or since ancient Egyptian empires dating back 5000-6000 years.

Buying the dips is still a sound strategy, even if the entry points (i.e. jobs report Fridays) are less predictable.  The take away message is if/when the big shorts lose control, the prices of (physical) gold and silver are likely to be unleashed much higher, as they rise to their natural valuation against a sea of endless money printing and debt creation.

See attached charts on the prices of gold and silver this morning.

 

"A Spectacular Breach Of Trust" - Former CalPERS CEO Sentenced To Prison For Bribery

http://www.zerohedge.com/news/2016-06-01/spectacular-breach-trust-former-calpers-ceo-sentenced-prison-years-bribery

The end of the American Dream

http://moneyweek.com/the-end-of-the-american-dream/

Government Can’t Help; It Can Only Hurt

http://ronpaulinstitute.org/archives/featured-articles/2016/may/29/government-can-t-help-it-can-only-hurt/

If You Want To Make Money, Go To Scary Places: Jim Grant

https://youtu.be/V4PNe6NTuBg

US Gold Market Infographic

US COMEX Gold Futures Market – An infographic hosted at BullionStar.com
http://www.zerohedge.com/news/2016-05-30/us-gold-market-infographic

Alan Greenspan: "We're Running To A State Of Disaster"

http://www.zerohedge.com/news/2016-05-31/alan-greenspan-were-running-state-disaster

Here’s proof that the US dollar is insanely overvalued

https://www.sovereignman.com/trends/heres-proof-that-the-us-dollar-is-insanely-overvalued-19566/

The elite one-percent’s ‘Orgy Island’ exposed… you won’t believe this!

https://www.intellihub.com/elites-orgy-island-exposed/

5 things the Libertarian Party stands for

http://thehill.com/homenews/campaign/281399-5-things-the-libertarian-party-stands-for

TERRIFYING: Paul Craig Roberts – We Are Witnessing The Final Enslavement Of Humanity

http://kingworldnews.com/terrifying-paul-craig-roberts-we-are-witnessing-the-final-enslavement-of-humanity/

The Dreadful Kagan Clan——Hillary’s Warmongers In Waiting

http://davidstockmanscontracorner.com/the-dreadful-kagan-clan-hillarys-warmongers-in-waiting/

"This Is The Most Obvious Disaster In Finance. Central Bankers Don't Understand..."

This is why our financial system will collapse.  It simply isn't sustainable, as debt grows exponentially, impairing balance sheets, and reducing the creditworthiness of potential borrowers.

http://www.zerohedge.com/news/2016-05-10/most-obvious-disaster-finance-central-bankers-dont-understand

Making the Chicken Run

http://www.internationalman.com/articles/making-the-chicken-run

Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food

Similarly, WalMart annoounced two months ago that they are closing 269 stores and laying off 16,000 employees.  WalMart was also forced to boost the minimum wage for their employees.  Coincidence?  or Correlation?

http://www.investors.com/politics/policy/wendys-serves-up-kiosks-as-wages-rise-hits-fast-food-group/

Gold has entered a new bull market: JPMorgan

http://www.cnbc.com/2016/05/10/gold-has-entered-a-new-bull-market-jpmorgan.html

Where's the Beef? “Lies, Damned Lies, and Statistics”*

http://www.researchaffiliates.com/Our%20Ideas/Insights/Fundamentals/Pages/414_Wheres_the_Beef_Lies_Damned_Lies_and_Statistics.aspx

James Turk – The Price Of Gold Is Being Manhandled On The Comex But Here Is The Surprise

This is an easy-to-understand piece on how the bullion banks artificially suppress precious metals pricing by utilizing naked shorting of COMEX futures contracts.

The take away message is avoid paper markets.  Buy physical gold and silver.

http://kingworldnews.com/james-turk-the-price-of-gold-is-being-manhandled-on-the-comex-but-here-is-the-surprise/

A Dire Future — Paul Craig Roberts

Roberts was the undersecretary of the US Treasury in the Reagan administration.  He praises JFK, a Democrat, and Reagan, a GOP.  He demonizes previous Presidents as war mongers, including the Clinton's, Bush, and Obama.  His opinions are based on facts, unlike mainstream media outlets.

http://www.paulcraigroberts.org/2016/05/07/a-dire-future-paul-craig-roberts/

For Stan Druckenmiller This Is "The Endgame" - His Full 'Apocalyptic' Presentation

http://www.zerohedge.com/news/2016-05-07/stan-druckenmiller-endgame-his-full-apocalyptic-presentation

Australian Craig Wright Reveals Himself As Bitcoin Crator "Satoshi Nakamoto"; Skeptics Unconvinced

http://www.zerohedge.com/news/2016-05-02/australian-entrepreneur-craig-wright-reveals-himself-bitcoin-crator-satoshi-nakamoto

The Deutsche Bank Settlement is Meaningless - Jeff Nielson

https://www.sprottmoney.com/blog/the-deutsche-bank-settlement-is-meaningless.html