Sunday, November 11, 2018

Ron Paul: House Goes Blue, Blessing In Disguise For Trump?

Conventional wisdom says the Republican loss of the House of Representatives be bad news for President Trump. 

More investigations? Endless Russiagate "revelations"? But what if it is actually a boon for the president? Contrarian analysis of the US mid-term elections in today's Liberty Report.

- Source, Ron Paul

Saturday, November 10, 2018

Venezuela is Painfully Reminded of the Golden Rule

He who holds the gold, makes the rules.

This is a motto that you will hear espoused by gold bugs, precious metals advocates, or anyone that has studied financial history in any meaningful way.

The fact is, if you don't hold it, then you don't own it.

This is something that I have warned about for years, as people continue to pile into "paper" precious metals assets, most specifically, those that do not guarantee to hold the precious metals in physical reserve, accounting for every oz that they own via regularly scheduled audits.

As Central Banks around the world continue to race into gold, a trend I have been noting throughout the course of this year, some, are being painfully reminded of the golden rule and are ruing the day they ever gave up physical ownership of their most valuable, real asset.

Venezuela, who is currently led by a failing socialist government, with President Nicolas Maduro at its head, is one such country that is learning this valuable lesson.

Venezuela, for months has been attempting to repatriate their gold holdings from the Bank of England, the latter of whom "allegedly" holds a large percentage of the worlds gold reserves since the ending of World War 2.

The reasoning for this, was one of the greatest cons in history, and one that continues to unfold. Western Central Banksters convinced many of the Worlds Nations that it would be "safer" to hold their reserves within the United States and England. 

Ironically, over the last few decades, this has been just about the worst place in the world to hold your gold bullion, as these nations have rehypothecated this gold to near infinity. But don't worry, they claim their "good"  for it.

Over the course of these past few months, the Bank of England has used every stall tactic in the book, stating to Venezuela various problems with delivery. Then, last week, reality finally struck for the government of Venezuela, as President Trump acted, placing sanctions on Venezuela's gold sector.

The message was sent, and following through on this shot over the bow, the Bank of England stated that they would not be returning Venezuela's gold, even though they are the legal, rightful owners of that gold!

Despite what your opinions are of the Venezuela government, of which mine are abysmally low. This is preposterous and should come as a dire warning to the majority of all other countries who have their gold held in foreign locations.

The Bank of England in all likelihood simply doesn't have the gold to return to Venezuela on hand, confirming a suspicion that many precious metal bugs have had for years, in which they assert that Western Central bankers have secretly been selling the gold that they were entrusted to maintain and protect, artificially suppressing the price of gold in the process.

Perhaps the is gig is up, and this will be the catalyst that will eventually break the backs of the gold cartel, as other Central Banks finally wake up and realize that maybe, just maybe it is better if they physically hold their precious metals? 

We shall see.

Friday, November 9, 2018

Ron Paul: Trump Fires Sessions, A Constitutional Crisis? Think Again

Trump accepted the resignation of his Attorney General, Jeff Sessions, yesterday leading to an explosion of protest among the Resistance anti-Trump people. Ironically, these are the very same people who have opposed Sessions for two years! Politics?

- Source, Ron Paul

Wednesday, November 7, 2018

Milton Friedman Teaches Monetary Policy

In this cut from our Milton Friedman Speaks series, Dr. Friedman illustrates the basic relationship between the money supply and the consumer price index.

Monday, November 5, 2018

Central Bank Cheap Money Now A Global Contagion

Former Dallas Fed insider, Danielle DiMartino Booth, spoke with SBTV about the inner workings of the Fed and how the Federal Reserve missed the train wreck which resulted in the 2007 Financial Crisis. Without being alarmist, Danielle presented a factual view of how leveraged and indebted our financial system has become.

- Source, SBTV

Saturday, November 3, 2018

Preparing for Turmoil, Central Banks Continue to Accumulate Gold

The trend is your friend and in this case, the trend comes tinged with a yellowish hue.

As I have been highlighting recently, Central Banks around the world are finally waking up the the harsh reality that is our current geopolitical and financial situation.

On the surface, things appear to be healthy, things appear to be running along smoothly, but as soon as you scrap even an inch below the surface, and look at the skyrocketing debt levels and increased fragility of many Western nations, you quickly begin to realize just how unstable things have become.

Certain countries have been ahead of the curve, accumulating gold hand over fist, taking every opportunity that arises to add to their holdings, whenever any large amount of gold hits the markets.

As I wrote about last week, both Poland, who has been incrementally adding gold to to their reserves at a steady rate, and Hungary, who increased their gold reserves by 10 fold in one purchase, are two countries to join the growing ranks of countries who have caught the "gold fever".

Other wealthy individuals are silently, but steadily allocating some of their phenomenal profits that they have received from this record breaking stock market, into precious metals. Perhaps sensing that the top is near and that the inevitable correction is forth coming.

Whether or not 2018 is the year that we see a collapse is yet unknown, but likely we are going to see a much clearer picture painted as the 2018 midterms wrap up and come to a close.

Many analyst are predicting that we may see a massive correction if Trumps GOP suffers significant losses, as consumer confidence may be rocked and businesses may begin to second guess many of their recent decisions.

Whether you like him or not, President Trump has been incredibly pro "US" businesses, enacting massive tax cuts, which has led to a surging bull marke, of which until recently, showed no signs of slowing down.

With the odds looking like they are trending in the favor of Democrats taking the House, many of the GOP's pro business plans may come under fire, leading to a decline in the general markets.

Central banks around the world are taking notice of this, plus the stark reality that the globe now faces, with geopolitics in turmoil.

This is leading to massive accumulation of precious metals, the likes of which we haven't seen since 2013. 

It is estimated that Central banks will add a net 450 tonnes to reserves throughout 2018, highlighting the fact that uncertainty about the health of the global markets is spreading rapidly.

My prediction is that this is an underestimation and that you will see this number rise considerable as we enter into the last few months of 2018, which looks like it might end with a disastrous bang.

This is just the beginning, and I fear that we haven't seen anything yet. The chaos, and the madness hasn't truly even erupted yet. 

Great turmoil is likely coming and you can rest assured that 2019 is going to be a year for the record books, both for the markets in general, and for precious metals. Prepare accordingly.

- As first seen on the Sprott Money Blog

Friday, November 2, 2018

Will the Midterms Throw A Wrench Into the Markets?

Will Midterms Throw A Wrench Into The Markets? What will happen to gold, silver, platinum, palladium, the US Dollar Index, the DOW, & more if the democrats or republicans win next week? 

We'll explore that as well as discussing the DOW GOLD ratio over the last 100 years. With the recent volatility in the equities market it's important to review how that ratio performs and reacts over time.

Wednesday, October 31, 2018

Alasdair Macleod: The Credit Cycle is on the Turn

Alasdair Macleod has a background as a stockbroker, banker and economist gives his input on interest rates, inflation, gold prices and where we are in the credit cycle.

- Source, Jay Taylor Media

Monday, October 29, 2018

Steve Quayle: The 2018 Midterms are the Most Important Elections of Your Life

Radio host, filmmaker and published book author Steve Quayle thinks the 2018 midterm elections are the most important election ever. 

Quayle says, “As a Bible believing Christian I think this is the most important election in your life, in your children’s lives and your grandchildren’s lives. You cannot allow Hellywood and the New York Times and Clinton News Network and the mainstream media that’s been posting wild stories shape this election. 

Did you ever think you would see a New York Times article about different people fantasizing about killing Trump by his own Secret Service?

This is the most important election in you history or your children’s future.”

- Source, USA Watchdog

Saturday, October 27, 2018

The Flight to Safety Accelerates, Hungary Increases Gold Holdings Ten Fold

We've talked at length about how the geopolitical climate around the globe has ratcheted up in temperature over the past few years. The times are growing more and more uncertain as trade wars erupt and as the old global powers are seemingly losing control with each passing day.

This has led to countries such as Russia, and China, both of which are unarguably out of the "old" power structure and desperately want to increase their ground in the international game of finance and control. 

Undoubtedly they are doing this and asserting themselves in any possible way that they can, suffering blow-backs and setbacks from the old power structure for each stride that they make.

One such tactic that they are using, and one that I have often highlighted, is their continued move away from US dollars as their reserve currency of choice. In its place, they are buying precious metals, most notably gold, at a feverish pace, exponentially increasingly their holdings as rapidly as they can.

Despite this fact, gold has suffered under intense artificial suppression, as a fat finger is kept on its price. The "canary in the coal mine", as gold is often called, has been kept quiet, but for how much longer?

Increasingly, as the times become ever more precarious, with global leaders on edge, we are seeing more countries join the ranks of Russia and China, taking what they believe to be prudent steps and moving some of their reserves into precious metals.

Two such countries that have just recently increased their holdings of gold bullion, are Poland and Hungary, the former of which has been steadily doing so over the summer months and the later of which has just done so, in a massive way.

Publicly disclosing their purchases, Hungary has stated that they have increased their gold holdings to a significant 31.5 tonnes.

As previously stated, this comes on the heels of the central bank of Poland taking a similar action, as they too have delved deep into the precious metals markets over the past few months, rapidly increasingly their reserves of the yellow metal.

This latest announcement by Hungary has resulted in a ten fold increase in their gold holdings, showcasing just how serious they are about this move, and you can rest assured, that they won't stop here.

Governor Gyorgy Matolcsy confirms my suspicions in regards to why they have made such move into gold, stating that they believe it to be way to increase their nations wealth and security, while at the same time highlighting their rich history of being one of the world's largest producers of precious metals throughout the Middle Ages.

Meanwhile, Russia, who has made no secret of their desire to add an increasingly higher amount of gold to their holdings, continues to add an average of 20 tonnes per month to their reserves, with no signs of slowing down in sight.

Mark my worlds, this story is going to become increasingly more common as we move forward, and as countries wake up to the reality that we live in precarious and dangerous times, just waiting for a spark to set this world ablaze.

The questions, when, how and why, matter little. The end result will be the same and when that scenario inevitably unfolds, the ones holding the gold will find themselves in a unique and powerful position, just as they always have and just as they always will. The accumulate will continue.

- Source, As first seen on the Sprott Money Blog

Thursday, October 25, 2018

Gregory Mannarino: We Are Going Back to a Two Tier Society

Trader/analyst Gregory Mannarino says, “People are being lulled into a false sense of security.” Mannarino goes on to say, “We are told how everything is great, and we are in a global recovery. 

There is no global recovery. We reflated a debt bubble around the world. You can’t borrow your way into prosperity anywhere. 

This is what the illusion is and that is everything is okay, but it’s not. Everything is being propped up on the back of the debt bubble, which is a financial Frankenstein. 

What is going to happen is nothing new, although the magnitude of this one is going to be worse than we have ever seen before. We are going to have a correction to fair value. They are going to be caught on the wrong side of this, and there is no way out of this for them.

If you took every single bubble that we’ve had in the past and put them all on top of each other, we are still not reaching the magnitude of this one. 

This is going to be it, and we are going to watch a systematic destruction of the middle class. We are going back to a two-tier society.” To protect yourself, Mannarino says, “You have to be your own central bank. You need to do the opposite of debt.” 

That means own real assets such as gold, silver, farmland, art, a house and even a car title. Simply own your stuff and get out of paper.

- Source, US Watchdog

Wednesday, October 24, 2018

World Peace? The Deep State is Losing Control Of the Narrative

Former FBI says Rosenstein was not kidding when he wanted to record Trump. FBI admits using multiple spies in the Trump administration. Jude orders Mueller to prove that the companies were involved in election meddling. 

Khashogi a deep state operation to split the world and start a major event. Turkey ready to reveal all the evidence on Tuesday. Saudi's give Trump room to avoid take action against Saudi Arabia. 

France and Germany are going to meet Russia to talk about peace in Syria. The deep state narrative is falling apart, world peace is starting to creep in and the deep state will do whatever it takes to stop it.

- Source, X22 Report

Monday, October 22, 2018

Deep State is Violently Lashing Out Because it is Losing Control

Radio host Dr. Janda says, “I would say we are winning. The reason I say that is all these judicial appointments.

 I believe we have a five to four rule of law majority in the Supreme Court. I believe (DOJ prosecutor) Huber has been working on these indictments behind the scenes, and they will be unsealed as soon as the declassification occurs. 

I believe military tribunals have been set up and will become more overt in their operation, but that doesn’t mean we have already won. We are winning, and we are in the process of winning. We have not won. 

That’s why I believe these midterm elections are so important. This is why we are seeing the hysteria out of the Deep State players that are the mid-level puppets. 

This is why we see the Bookers, the Clintons, the Obamas and Bidens all lashing out. 

They know if people vote for rule of law candidates across the board and don’t buy into this agenda that the globalists are putting forward such as no border security, sanctuary cities, raising taxes, and if you don’t vote for us, we are going to beat the hell out of you, if they don’t buy into that agenda, the Deep State players know the rule of law will be implemented like it’s not been implemented for decades in America. 

The Deep State globalists are in the crosshairs of a true justice system as opposed to a justice system that is just smoke and mirrors.”

- Source, USA Watchdog

Sunday, October 21, 2018

Rush Limbaugh Warns Against the Radical Left

'Hannity' goes one-on-one with the radio host. Rush Limbaugh: We don't want people winning elections based on mobs and violence.

They could bring the whole system to its knees. They need to be stopped.

- Source, Fox News

Saturday, October 20, 2018

Will the Federal Reserve be Used to Take Down President Trump?

Last week we witnessed the single largest one day drop for the DOW, ever in history. This spooked many market participants, especially those who witnessed the 2008 bloodbath firsthand, the memory still fresh in their minds even after ten years.

This sharp reaction lower was largely in response to many market participants coming to the realization that the Fed is not going to back down and they are in fact going to continue to raise interest rates, slowly choking the banking sector in the process.

As I have repeatedly said over the years, and as I believe will still come to fruition if the Fed continues on, any sizable increase in interest rates is going to undue all of the "hard" work the Fed has done since the beginning of the 2008 crisis, sending the whole system crashing down in the process.

Still, as we witnessed on September 26th, when the Fed raised interest rates from 2.00% to 2.25%, causing a historic correction, they seemingly could care less.

Not only this, but the Fed has stated that they will continue to raise rates, keeping with their forecast of "four hikes in 2018", which will mean bad news for the markets if they stay true to their word.

Not surprisingly, President Trump, who has hitched his wagon to the "booming economy" is not impressed with this newly adopted hawkish approach that the Fed is now taking, lashing out at FED Chairman Powell;

"I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy."
Continuing, he went on to say more;

"Actually, it's a correction that we've been waiting for for a long time, but I really disagree with what the Fed is doing."

President Trump, by making these statements, is attempting to lay blame on the Fed for the inevitable market crash that he, and many others sees coming, and he will be correct.

Fed Chairman Powell recently made the following stunning admission, when asked what would stop the Fed from continuing to raise interest rates, in a Q&A session after the Fed's last meeting;

"I think either a significant—significant—correction and lasting correction in financial markets or a slowing down in the economy that’s inconsistent with our forecast—those are the kinds of things we’d react to…"

When asked for further explanation on what Fed Chairman Powell meant by significant, he stated something that would affect "consumer spending".

This is a radical and dramatic shift away from the dovish approach Bernanke and Yellen, Powell's predecessors took, and one that has charted the markets for an unavoidable crash lower.

But why? Why now, when in the past the Fed has never attempted to interject, or take away the "punch bowel"?

The true answer is unknown, but conspiracy theories are running rampant, and as we have seen time and time again, these have a nasty habit of being proven true when given enough time.

One of these theories, is one that I have pointed out many times in the past, which is, that the best way to remove President Trump from office, is by crashing the economy before the 2020 elections, potentially harpooning President Trump in the process and significantly lowering his chances of re-election.

This may not be the Fed's plan, but Powell himself has stated that they will continue to raise rates until a significant correction is seen, one that affects consuming spending. 

We know, that this means a crash and a meaningful one at that, as consumers do not simply react to a mild correction in the markets, but will panic during a crash, halting spending as they "bunker down" and prepare for the "bad times".

Anything is possible in this crazy, messed up world, where a significant portion of the United States population would openly rejoice an economic crash if it meant removing Trump from office.

Trump knows this, which is exactly why he is pointing out the Fed's actions now, attempting to get ahead of the curve before it is too late.

If there is one thing that both his supporters and opponents have learned, he is a man that is hard to pin down, constantly slipping out of the snares being cast upon him.

Powerful forces are in motion on both sides, of which could soon come crashing into one another, bringing the markets lower with them as chaos erupts, know this and be aware of it. Prepare accordingly, before it is too late.

- As first seen on the Sprott Money Blog