Tuesday, January 22, 2019

First Journalist Fired for Fake News and Threats Directed at Catholic MAGA Kids

It's been a bad week for the mainstream press, first with the Michael Cohen hoax by BuzzFeed and now with the Covington Catholic fake news, where journalists claimed that Catholic students mocked a Native American. That turned out to be untrue. It's safe to say that the spectacle has ruined everyone's last remaining shred of hope that the media would stop being the Enemy of the People. Clearly, that is not going to happen. The bright spot on the horizon is that The Wrap is reporting that at least one of these terrible "journalists" has been fired:

Digital company INE Entertainment has fired a journalist who publicly wished for the death of several Covington Catholic High School students and their parents in a pair of tweets over the weekend. Aside from his job as a post-production supervisor at INE, Erik Abriss is a contributor to New York Media’s pop culture site Vulture. “We were surprised and upset to see the inflammatory and offensive rhetoric used on Erik Abriss’ Twitter account this weekend. He worked with the company in our post-production department and never as a writer,” the company said in a statement to TheWrap on Monday.

Abriss was one of the hundreds of adults on Twitter calling for the deaths of children for the crime of wearing MAGA hats and smiling in public. Lashing out on Twitter, Abriss expressed his deep wish that the children and their parents would die.

"I don’t know what it says about me but I’ve truly lost the ability to articulate the hysterical rage, nausea, and heartache this makes me feel," typed Abriss. "I just want these people to die. Simple as that. Every single one of them. And their parents.”

Well, that's disturbing. But it gets worse.

"Racism is in its Boomer death throes. It will die out with this younger generation!" continued Abriss. "Look at the sh—t-eating grins on all those young white slugs’ faces. Just perverse pleasure at wielding a false dominion they’ve been taught their whole life was their divine right. F–ing die."

Abriss wasn't the only journalist to get in on making outrageous smears and threats against the kids. The list of journalists and other assorted verified Twitter users who did so is so long that it takes an Excel spreadsheet to keep them straight. Here is a link on Reddit that has links to many of the archived tweets, some of which have been deleted. Here are a few screenshots of the worst ones.

The tweet from CNN contributor Reza Aslan is extra funny because there are no kids shouting "build the wall" in any of the videos that have surfaced. It did NOT happen and was entirely in Aslan's imagination.

- Source, PJ Media

Monday, January 21, 2019

Trump's Proposal to End the Shutdown Has Democrats in a Corner

Democrats have previously agreed to 'every single component' of Trump's compromise solution to reopen the government, says dormer Secret Service agent Dan Bongino, author of 'Spygate.'

Trump has them backed into a corner.

- Source, Fox News

Saturday, January 19, 2019

Party On: Fed Chairman Powell Capitulates to the Market

FED Chairman Powell, who for a time, was appearing to go rogue and stray off the beaten path of loose monetary policy, paved by so many of his predecessors, has collapsed his resistance and utterly given in to the demands of the market.

At a forum hosted by the American Economic Association in Atlanta last Friday, FED Chairman Powell was a "good boy" and did exactly what Wall St demanded. 

He stuck to a well written script of carefully selected words, focusing time and time again on a few in particular, but most notably the word "patient".

The context that this word was used in, was in reference to raising interest rates.

As we have noted in previous articles, the hawkish approach adopted by FED Chairman Powell was ill received by the markets and President Trump, the latter of which has been an open feud with the FED.

This insistence on raising interest rates has caused the markets to gyrate wildly, causing sporadic, sharp dips lower in the broad stock market. This struck deep fear into investors, as they began to worry that the end of the "easy money" era was over.

Like his predecessor, Janet Yellen, who also carefully chose to the word "patient". Powell intentionally selected this word, as he knew it would signal to the markets, that also like Yellen, he was willing to put on the velvet gloves when it came to handling the markets.

FED Chairman Powell stated the following;

“We’re listening carefully with – sensitivity to the message that the markets are sending and we’ll be taking those downside risks into account as we make policy going forward.”

Powell then went on, as he attempted to deflect the blame that Wall St and President Trump had placed on him for the recent market corrections;

“We don’t believe that our issuance is an important part of the story of the market turbulence that began in the fourth quarter of last year. But, I’ll say again, if we reached a different conclusion, we wouldn’t hesitate to make a change.”

These comments immediately caused a sharp rise in the market, as stocks rallied following this new found approach from the FED Chairman, as it gave the market exactly what it wanted, or rather demanded.

Obviously, Wall St could already smell the blood in the water before Powell even took to the stage, as even before his comments were made, a rally had begun, signalling that at least a few key players anticipated what was to come.

In addition to this new dovish approach, Powell's carefully scripted speech also removed the word "autopilot", a word that was previously uttered by himself and other members of the FED, and of which did not sit well with market participants.

For now, what this means is that business can and will resume as usual. Expect loose monetary policy for now and into the foreseeable future.

FED Chairman Powell has given into the pressures of the market and has given up hope of attempting to regulate rates and the flow of easy money. 

This can only be summed up as a "win" for Wall St, but at what cost to the long term health of the economy as a whole?

The FED has completely and utterly capitulated to the market, prolonging the inevitable hangover that is yet to come. 

For now, party on.

- As first seen on the Sprott Money Blog

Friday, January 18, 2019

If You Look Closely You Can See The Plan To Reset The System

The EU is getting exactly what they want, a delay in the BREXIT which means there is no BREXIT, the EU might even try to get the UK to vote again on the BREXIT. 

May like Trump and Macron will not go to Davos. The globalist agenda is falling apart and the leaders are trying to tape it back together. 

IMF says no deal BREXIT will not work. 

Canada says can't give trade data because of the US shutdown, come to find out they get their data from the US. 

Trump is planning for the reset and the total destruction of the central bank system.

- Source, X22 Report

Wednesday, January 16, 2019

Glass Ceiling For Precious Metals To Crack This Year

Precious metals, especially silver, are expected to ride the tailwinds of a stronger economy this year and break past key resistance levels, said Paul Mladjenovic, author of “Precious Metals Investors For Dummies.” 

“Finally, I can end up seeing that the supply and demand factors will be able to crack some of the what looks like glass ceilings for silver,” Mladjenovic told Kitco News.

- Source, Kitco News

Monday, January 14, 2019

Gold is The Key, Patriots Have The FED Scrambling

Earning season does not look good, companies are not doing as we were told. 

The economic illusion the Central Bank created is now falling apart, it will be showing up in the people's sector and not the stock market, not the statistical numbers. 

Trump and team will be moving quickly to prepare the country for the transition. 

Certain Fed officials are trying to control the narrative but Powell continues with with plan. 

Russia is continuing to de-dollarize and says gold will be very important moving forward.

- Source, X22 Report

Sunday, January 13, 2019

The MSM Didn’t See This Coming, Patriots Are Now In Control

May caves, offer's Brexit deal concessions, this deal again is not for the people it is for the central bank, it needs to be scrapped. 

The holiday season did not go as well as everyone thought, Macy's and now Kohl's are reporting weak sales. 

The automobile apocalypse is hitting China hard, the central bank economy is bring down the global system, the weight of debt cannot be sustained. 

Ford to cut jobs in EU but bring jobs back to the US. The MSM continue to push recession in 2020, Trump says no recession, now Powell is agreeing with Trump.

- Source, X22 Report

Saturday, January 12, 2019

A Sign of Things to Come: China Increases "Official" Gold Reserves to 1,853 Metric Tonnes

While Western governments continue to ravage each other viciously, seemingly unable to come to terms on even the simplest of agendas, the East, led predominately by the financial juggernaut that is China, continues to chug along, slowly but surely carrying through on their long term plans.

While we look inward and fight among one another, becoming increasingly polarized and isolated into our various political "camps", ceasing any form of communication with each other, our economic rivals are racing past us, forming partnerships and making plans.

Russia and China are two such countries that I have often talked about in past articles, highlighting how the West has forced these two countries into a partnership that threatens to overtake the West as the economic powerhouse of the world.

While our financial "gurus" continue to shuffle pieces of paper back and forth between each other, trading digital numbers in ever increasingly quantities, as if they had any real, true intrinsic value.

Russia and China are happily making moves around the world, acquiring physical, tangible assets that will play key roles in the coming economic conflict that the world will inevitably face at some point in our not too distant future.

Although their demand for oil, rare earths and various other forms of assets is seemingly insatiable, there is one asset class above all others that I am particularly interested in, precious metals.

Both countries have made it blatantly obvious that they are not happy with the current "status quo" and would love to see an eventual change. That change being a toppling of the US Dollar as the reserve currency of the world.

This has led to a rapid accumulation in precious metals by Russia, who have forecast their purchases on an almost monthly basis.

Meanwhile, China, who has remained tight lipped about their gold purchases since 2016 has once again made another power play, announcing an increase in "official" gold holdings, a rare occurrence for them.

Chinese reserves now stand at a staggering 59.26 million ounces, but why now, why after two years of remaining silent, and then six years before that, have they now decided to let the world know that they are continuing to diversify and move into precious metals?

Simply put, it was a warning. 

As the trade wars between the United States and China rage on, the latter is simply flexing their muscles and letting the former know that their long term intentions remain the same.

They plan on overtaking the US Dollar, and mounting the Yuan proudly as the reserve currency of the world, with gold playing a crucial role in that scenario.

Recently, the Governor of the Bank of England, Mark Carney, who is closely connected with some of the most influential bankers in the world had a similar assessment.

Reuters reports;

Carney said China’s yuan could potentially become a future global reserve currency alongside the U.S. dollar, though this was likely to lag behind the increase in the size of China’s economy relative to that of the United States.

“The U.S. economy overtook Britain’s in the second half of the 19th century, but it took until the 1920s before it became a dominant currency in international trade,”

As he states, none of this is going to happen overnight, as no one, not even those who plan to take the throne want to completely over tip the "apple cart", there is simply too much on the line and too much to lose.

Still, the writing is on the wall and this recent announcement is just one more piece of the puzzle. 

The trade wars will rage on for years to come, as both sides continue to make moves and jostle for position, with one side hoping to remain in power and the other to gain the upper hand.

Regardless of the outcome, there is one solid and clear winner in this scenario of countless loser, gold and by extension, precious metals as a whole. Keep stacking, keep preparing.

- As first seen on the Sprott Money Blog

Friday, January 11, 2019

White House Preparing for Possible Justice Ginsburg Departure, Appears Imminent

After the 85-year-old Supreme Court Justice misses oral argument while recovering from cancer surgery, speculation grows that the Trump administration is preparing for a retirement and new confirmation battle.

- Source, Fox News

Thursday, January 10, 2019

2019 Crypto Update: The Shift in Bitcoin Sentiment

Tuur Demeester, founder of Adamant Capital, provides a broad update on cryptocurrency markets. 

He shares his analysis of the 2018 crypto selloff as well as his future market outlook. 

Additionally, Demeester discusses his view of the future of blockchain based smart contracts, payment processing, and asset tokenization.

- Source, Real Vision

Wednesday, January 9, 2019

Philip Kennedy: Massive Stock Decline Ahead

Following the worst year for stocks in a decade, Philip Kennedy sees a massive stock market decline in the next 18 months. Kennedy thinks the stock market has hit a high and it's down from here. 

When the crash occurs, he sees the Dow/gold ratio falling significantly. It's about 20/1 right now. He says it could fall as low as 0.5/1.

While Bitcoin did not do well in 2018, it is still up 400% in the last two years. Kennedy sees Bitcoin rising in 2019. He explains why Bitcoin is the "hardest" money ever created, even harder than gold. He also discusses his views on other crypto-currencies.

- Source, Silver Doctors

Tuesday, January 8, 2019

Ron Paul: Rough Times Ahead, But Liberty Can Still Win

Warning signs are flashing for the economy. Will 2019 be the year the Fed pushes the dollar into the trashcan? Or will Congress' continued funding of the warfare-welfare state get us to economic ruin first?

- Source, Ron Paul

Monday, January 7, 2019

Kevin Shipp: The Value of Dollar is Set to Plummet in Coming Reset

Former CIA Officer and whistle blower Kevin Shipp predicts a big reset of the U.S. dollar coming sooner than later. Shipp says, “Yes, I do. It’s going to be horrible if the dollar loses its reserve status. 

I think they will absolutely do that. I think, also, if you add that ‘missing’ $21 trillion, our deficit is actually double what is being said in public. 

There is something very, very serious going on with that $21 trillion. I have my own opinion as to where it went, but, yeah, I think there will be a reset.” 

What does a reset look like to the guy on the street? Shipp says, “First of all, the dollar plummets in value. That is going to affect everyone’s financial life in this country. 

They will devalue the dollar, which is going to take us into a very serious recession.

There is no question we are going to enter into a financial crisis. No question. By the end of the year, we will see serious financial problems.”

- Source, USA Watchdog

Trump Announces A National Emergency Can be Called to Build the Wall, Key Democrats Confirm

President Trump on Monday reiterated his ability to declare a national emergency and build his border wall, pointing out that top Democrat Adam Smith, Chairman of the House Armed Services Committee admitted on Sunday that Trump can do so.

On Sunday, ABC's "This Week" host George Stephanopoulos asked Smith "Does President Trump have the ability, have the authority to declare a national emergency and have the military build his wall?"

"Well, unfortunately, the short answer is yes," replied Smith. "There is a provision in the law that says the president can declare an emergency. It’s been done a number of times, but primarily it’s been done to build facilities in Afghanistan and Iraq. In this case, I think the president would be wide open to a court challenge saying, where is the emergency? You have to establish that in order to do this. Beyond that, this would be a terrible use of Department of Defense dollars."

"The president spends most of his time talking about how we’re not spending enough on national security, now he wants to take $20 billion out of defense budget to build a wall. Which by the way, is not going to improve our border security. The president seems unaware of this, but we have actually already built a wall across much of the border, and all border security experts that I talk to say, where a wall makes sense, it’s already been built. We should have a conversation about border security, but first, we should we open the government and pay our border patrol agents and the federal agents that are furloughed," Smith added.

- Source, Zero Hedge

Saturday, January 5, 2019

Preparation is Vital, 2019 is Destined for Chaos

As you make your new years resolutions, make sure you allot some room for some much needed protection as we head into 2019 and beyond. 

It may not be the rosy picture that many of you were hoping for, but sadly, 2019 appears destined to be one of increased chaos, turmoil and outright confusion.

The chief driver of this is undoubtedly going to be the current disheveled state of affairs that we are watching unfold within the United States. 

As we enter into another week of government shutdowns, we are getting just a small sample of what this year has in store, as we haven't seen anything yet and I believe the madness witnessed throughout 2018 was just an opening act for what 2019 has in store.

President Trump is being challenged on all sides and I believe at this point moving forward we are going to see some very serious and drastic changes within his administration, as he rapidly clears house of anyone who he believes belongs to the "old establishment", replacing them with those whom he deems "loyal" to him.

In addition to this, we are going to see him use every weapon in his arsenal to jam through as much of his agenda as he possibly can, within his legal powers.

This is going to enrage his opponents and embolden his die hard supporters, all while doing damage to the system as a whole in the long run.

At this point, from a personal perspective the left has left him little to no options, as he is now fighting for his and his families survival, all of which his opponents would love to see behind bars, no matter the ramifications that this would cause to the very fabric of the United States.

Meanwhile, emboldened by their recent victories, the radical far left elements within the Democratic party are going to come fast and hard at Trump, attempting to take him down as viciously as they can.

This is going to lead to a powder keg of an explosion as we move throughout 2019, as markets are tossed back in forth in a gruesome and bloody manner, rocking the very foundations of Wall Street.

Sadly, I believe that all of this is unavoidable at this point, as both the radical left and the far right have entered into such deep echo chambers that only a massive calamity is going to shake them out of it at this point.

The time for discussion in these peoples eyes is over.

As this chaos erupts and markets begins to deflate throughout 2019, this increased uncertainty is going to have a compounding effect as money is pulled out of the system, perhaps even triggering another economic collapse similar to what was witnessed in 2008.

As bad as all of this will be, there will be one place of safety, one rock of certainty that has always and will always provide the much needed insurance in these times of increased political upheaval.

Gold and silver will be that safety and are ripe for a recovery after being battered for years on end. 

They are destined to move higher and break free of the shackles that have been placed on them and like beach balloon suppressed deep under water, are ready to rocket higher.

The sparks are flying all around us. The fire is inevitable. Preparation is vital.

- Source, As first seen on the Sprott Money Blog