‘Trump makes sense to a grocery store owner

As usual, Taleb is spot on.   His contrarian track record of making accurate predictions is remarkable.  His Ivy League pedigree is impressive--even if he is derisive toward his elitist peers.  He has a foot in the Establishment door (as a trader and academic), but he is decidedly and independently anti-Establishment.

Another anti-globalist example he could have used is the elimination of mom-and-pop shops due to the parabolic growth of hegemonic WalMart stores.


http://www.thehindu.com/books/%E2%80%98Trump-makes-sense-to-a-grocery-store-owner%E2%80%99/article17109351.ece

Which Assets Are Most Likely to Survive the Inevitable "System Re-Set"?

http://charleshughsmith.blogspot.com/2017/02/which-assets-are-most-likely-to-survive.html

Doomsday Prep for the Super-Rich

http://www.newyorker.com/magazine/2017/01/30/doomsday-prep-for-the-super-rich

Don’t Blame Trump When the World Ends

http://economicprism.com/dont-blame-trump-when-the-world-ends/

Irreversible Damage - The U.S. Economy Cannot Be Repaired

http://www.alt-market.com/articles/3121-irreversible-damage-the-us-economy-cannot-be-repaired

The Path To Monetary Destruction

http://kingworldnews.com/the-path-to-monetary-destruction/

Trump Is Being Sabotaged by the Pentagon — Paul Craig Roberts

http://www.paulcraigroberts.org/2017/02/01/trump-sabotaged-pentagon-paul-craig-roberts/

The US dollar is now overvalued against almost every currency in the world

I've been referencing the Big Mac Index for many years, mostly as a fun fact, but with high impact on citizens' standard of living.  Today, it's as relevant as ever.

My interpretation of the data is slightly different. A high dollar cost could also indicate relative weakness of the local currency, and rising inflation. In other words, it takes more dollars to buy said Big Mac. But I do agree with the author's conclusion that the dollar is overvalued RELATIVE to other foreign currencies. In other words, ALL fiat currencies are destined to drop in value, some faster than others. That's why it requires more fiat currencies to buy tangible, real assets. It's called a currency war--a race to the bottom. It often leads to trade wars (see Trump's rhetoric) and military conflict.

https://www.sovereignman.com/trends/the-us-dollar-is-now-overvalued-against-almost-every-currency-in-the-world-20704/

Paul Craig Roberts’ Terrifying Warning And A Very Timely Message

http://kingworldnews.com/paul-craig-roberts-terrifying-warning-timely-message/

Clearly, the pathetic remnant of the American left has more hate for those who stand up for the working class than they have for those oppressing the working class and those fomenting war. Why did the women so quick to march against Trump not march against the Clinton, Bush/Cheney, and Obama regimes for killing, maiming, orphaning, widowing, and dislocating millions of peoples in Afghanistan, Iraq, Somalia, Pakistan, Yemen, Libya, and Syria?

That we see the left aligned with the ruling elites against Trump is proof that the left has abandoned the working class.

Man Who Predicted Collapse Of Euro Against Swiss Franc Now Warns Huge Shock Will Bring The World To Its Knees

http://kingworldnews.com/man-who-predicted-collapse-of-euro-against-swiss-franc/

Click on Image to Enlarge

One Big, Fat, Ugly Bubble

http://www.caseyresearch.com/articles/one-big-fat-ugly-bubble

Chinese Gold Standard Would Need a Rate 50 Times Bullion’s Price

 I'm surprised Bloomberg published this article, given they are shills for Wall Street--and decidedly anti-gold.

https://www.bloomberg.com/news/articles/2015-05-20/chinese-gold-standard-would-need-a-rate-50-times-bullion-s-price

Is The U.S. Government Insolvent? Sorry, But Its Accountant Can't Tell You

Got gold?

http://www.investors.com/politics/editorials/is-the-u-s-government-insolvent-sorry-but-its-accountant-cant-tell-you/

The Further Decline in International Reserves

Look at what happened when Nixon closed the window of gold redeemability in 1971, effectively ending the Bretton-Woods Agreement.  Central bank reserves surged exponentially, as central bankers printed endless currencies without the constraint of gold backing.  This only increased the magnitude of booms and busts of credit and liquidity.  This is why we have soaring price inflation, and reduced purchasing power--despite government CPI data suggesting otherwise.  With stagnant wages and sagging economies, coupled with rising cost of living expenses, the average citizen suffers from a reduced standard of living.  This is what causes social unrest.

http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=304

Obama Makes Incredible Admission About WikiLeaks in Final Press Conference

Julian Assange has repeatedly confirmed that Russia did not hack the DNC emails, despite what the intelligence community alleges.  Experts have hinted that it was a leak, probably from an NSA insider.  Despite the narrative, there has been NO credible evidence that Russia hacked Podesta's emails.

http://theantimedia.org/obama-admission-press-conference/

Trump and a New Gold-Backed Dollar

I honestly don't think a gold-backed dollar will occur any time soon.  The elites will do everything possible to prevent it.  But the Chinese are working towards a gold-backed yuan.  That will probably happen before 2020.

http://www.internationalman.com/articles/trump-and-a-new-gold-backed-dollar

25 Years of Neocon-Neoliberalism: Great for the Top 5%, A Disaster for Everyone Else

http://charleshughsmith.blogspot.com/2017/01/25-years-of-neocon-neoliberalism-great.html

Recently Declassified CIA Documents Show Concern Over Gold Manipulation.

There are no conspiracy theories when they are based on fact.

https://smaulgld.com/cia-suspected-gold-market-manipulation/

State Dept. cable confirms gold futures market was created for price suppression

It's not a conspiracy theory.  It's a conspiracy fact.

The U.S. gold futures market was created in December 1974 as a result of collusion between the U.S. government and gold dealers in London to facilitate volatility in gold prices and thereby discourage gold ownership by U.S. citizens, according to a State Department cable written that month, obtained by Wikileaks, and disclosed today by the TF Metals Report:

http://gata.org/node/17081

Obama’s Chelsea Manning “pardon” proves that “Russian election hack” story was one big lie

http://theduran.com/obamas-chelsea-manning-pardon-proves-russian-election-hack-story-one-big-lie/

The 70 Nations That Will Meet In Paris On January 15th Are Going To Publicly Commit To Dividing The Land Of Israel

....so, tomorrow, 70 nations want to divide up Israel to include a Palestinian state.  Nothing here to see, children.  Move right along.

http://www.silverdoctors.com/headlines/world-news/the-70-nations-that-will-meet-in-paris-on-january-15th-are-going-to-publicly-commit-to-dividing-the-land-of-israel/

John Hathaway – China Is Preparing To Radically Reprice Gold Higher As Demise Of The COMEX & LBMA Accelerates

Hathaway has again provided brilliant analysis of the physical gold market vs. the synthetic, paper trades.

http://kingworldnews.com/john-hathaway-china-preparing-to-radically-reprice-gold-higher/

Multi-Billionaire Hugo Salinas Price Just Issued A Dire Warning To The World

Jim Rickards and Salinas-Price are one of the few people who understand the Triffin paradox.  Trump's protectionist trade policies will destroy the global economy, much like the Smoot-Hawley tariffs extended the Great Depression.  The road to hell is paved with good intentions.

http://kingworldnews.com/multi-billionaire-hugo-salinas-price-just-issued-a-dire-warning/

Cash-Banning Harvard Professor Slams "Ignorant" Negative-Rate-Naysayers

http://www.zerohedge.com/news/2017-01-12/cash-banning-harvard-professor-slams-ignorant-negative-rate-naysayers

Why Are Wal-Mart And Boeing Laying Off Workers If The U.S. Economy Is In Good Shape?

http://theeconomiccollapseblog.com/archives/why-are-wal-mart-and-boeing-laying-off-workers-if-the-u-s-economy-is-in-good-shape