Friday, February 23, 2018

Michael Pento: Profound Chaos is Coming

Money manager Michael Pento predicts, “For the first time in 40 years, you are going to have bond prices and equity prices in free-fall. That happened in the 1970’s, but it’s going to be worse because in the 1970’s, you didn’t have an insolvency concern. 

The chaos coming to markets is here. It’s not going away, and it’s not going to be brushed under the rug. It’s not going to stay on the sidelines for another few years. 

The years from 2007 to 2017 were the years central banks were buying everything. There was no volatility, and stocks just went up. Those days have ended, and the volatility is only going to become much more profound.”

- Source, USA Watchdog

Thursday, February 22, 2018

Vince Lanci: Gold Could See $1,400 In Two to Three Months

Real interest rates should stay negative as the Fed raises rates, creating a buying opportunity for gold, says Vince Lanci, founder of EchoBay Partners. 

“If an unqualified spike in inflation were to come out, the stock market should definitely sell off,” Lanci told Kitco News, “gold should sell off…gold should react the same way as stocks in the short term.” Lanci said that since the Fed’s monetary policy has historically trailed inflation, real interest rates would still be kept low as nominal rates rise to keep up with rising inflation. 

Negative or low interest rates are a boon for gold prices. On key levels for gold, Lanci said that above $1,300 on ounce, investors may see some short covering, and a rally up to $1,350. “If we stabilize above $1,330 with the stock market where it is, then I think we’re on path to $1,400 in two or three months,” he added.

- Source, Kitco News

Wednesday, February 21, 2018

The Next Power Move Will Have To Be Soon, This Is Why

The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.

- Source, X22 Report

Tuesday, February 20, 2018

Ron Paul: Mueller's Russia Indictments, Covering Up For The Deep State?

Suddenly "Russian meddling" is back in the headlines and no one is talking about FBI collusion to present false information to FISA for permission to spy on the Trump campaign. No one is talking about a foreign agent (Christopher Steele) who actually did produce a document that influenced the election. It's back to the Russians. Why?

- Source, Ron Paul

Gold Prices Are Exploding But Can It Keep it Up?

Gold prices were on fire Wednesday, rebounding from losses made in the wake of stronger than expected U.S. inflation data. Kitco News caught up with Maxwell Gold of ETF Securities. 

“What sparked gold’s price move today is the increase in inflation. I think that is boosting inflation expectations, and I think that’s giving some consideration into what the Fed is going to do this year,” Gold told Kitco News. 

He added that higher inflation expectations provide tailwinds for all cyclical commodities, not just gold. Spot gold was up 1.4 percent at $1,349.94 an ounce at 1:05 p.m. EST. The ETF Securities director said that despite recent turbulence in the markets and with commodity prices, gold’s current rally can be sustained due to other macroeconomic factors. “Beyond the inflation factor, we’re seeing the dollar remain weaker,” he said, “I think that we are structurally in a dollar bear market and I think that it could boost gold prices in this range.” 

The dollar initially rose after the morning's inflation report which showed U.S. consumer prices rose more than expected in January. The market expert added that should we see more equities volatility, gold could spike upward to the $1,400 range.

- Source, Kitco News

Sunday, February 18, 2018

Are the Petrodollar’s Days Numbered? Is That Number 40 and Falling?

Is March 26, 2018 the date we will look back on as the beginning of the end of the USD’s longtime reign as the world’s oil-trading currency? If China has their way, then yes.

Since the 1970s, the global oil trade has almost entirely been conducted in US dollars. The largest energy consumer, China, is interested in having oil contracts in its own currency. Beijing wants to create an Asian crude oil benchmark that would better reflect pricing for the oil imported and consumed in the world’s top importing region.

The Chinese government announced plans last year to start a crude oil futures contract priced in yuan and convertible into gold. The contract will enable the country's trading partners to pay with gold or to convert yuan into gold without the necessity to keep money in Chinese assets or turn it into US dollars.

The contract could reportedly be launched on March 26 on the Shanghai International Energy Exchange (INE). The exchange has recently received the approval from China’s State Council.

- Source, Russia Today

Saturday, February 17, 2018

Because Nobody Votes for More Pain: The Toxic Economics of Politics

An enormous problem with our political system is that all elected officials are highly, highly incentivized to do things that benefit people now, today, immediately. And there is zero penalty for punishing those same people in the future. Or even worse, their children and their children’s children.

So if creating money out of thin air will make it so that people don’t have to feel the pain, or even normal consequences, of free market decisions, so be it. Less pain = more votes.

We are moving into a crisis of monumental proportions. There has been a serious fundamental problem infecting economic policy on a global scale. This conflict has been between monetary and fiscal policy. While central banks engaged in Quantitative Easing, governments have done nothing but reap the benefits of low-interest rates.

Economic growth has been declining year-over-year and we are in the middle of a situation involving low-productivity expansion with high and rapidly rising budget deficits that benefit nobody but government employees. Once upon a time, 8% growth was average, then 6%, and 4% before 2015.75. Now 3% is considered to be fantastic.

Private debt at least must be backed by something whereas escalating public debt is completely unsecured. The ECB wanted to increase the criteria for bad loans, yet if those same criteria were applied to government, nobody would lend them a dime.

Friday, February 16, 2018

Why the Debt Ceiling Means Nothing, Yet Everything

Over the past month, we have heard a growing roar of dissent and fear, as people within the United States and around the financial world became increasingly worried about a rapidly approaching deadline, a deadline, that if reached, would spell disaster for all!

This deadline, a self imposed one by Congress, is an artificial ceiling that has been put into place to reign in the controls of big government and keep it in check! If it is reached, look out below, things are going to fall apart and chaos will erupt.

If you caught on yet, I'm being sarcastic. The debt ceiling means nothing, and is absolutely meaningless as it exist in its current shape and form.

For decades this ceiling has been raised time and time again, at a faster and faster rate, as the United States has expanded its global empire, supplanted governments and placed so many military bases around the world, that it would make the Roman Empire blush.

For decades this debt ceiling has been utterly and completely useless. Yet, you wouldn't know this if you were listening to the Mainstream Media over the past month, who have been absolutely hysterical and panicked about this approaching deadline. Something they have barely bothered to even notice over the last eight years. Odd indeed.

So what has changed? 

The answer is obvious. Trump has changed. Since being elected, the debt ceiling has been of particular interest to the MSM, as they are by and large, almost exclusively left leaning. This is ok in and of itself, and it is good that they are finally starting to inform the general public of this ticking time bomb, but their intentions are obvious and therefore despicable.

If the lying MSM actually cared about this matter, they would of course been along for the ride over the last few decades, as members of the precious metals community have been, warning the masses about this threat.

Now, as it stands, the debt ceiling has once again been put off until March 2019. Extend and pretend is here to stay and as I have been stating for years now, its end goal is infinity.

The question is now, what can the United States do about it now? What can one do to reign in an "official" debt of $20.6 trillion?

The answer may shock you, but is very start forward. Nothing.

Nothing can be done at this point. Changes can be made, that could benefit society as a whole, however, the facts are the facts and these are frank. What cannot be repaid, will not repaid. Period.

The United States government, fueled by reckless and out of control spending has not only gone over the cliff, but have continued on and jettisoned into orbit. They have left planet earth and are so disconnected from reality, that reality no longer applies, at least in the short term.

Politicians know this, the ones loaning them money know this, and everyone who doesn't is asleep at the wheel, blissfully ignorant.

So what happens next?

This is a multi pronged question and one that goes counter intuitive to what you would typically think.

The government should keep spending, but spending on the right things. Infrastructure, buying natural resources and hard assets should be at the top of their priority. Bringing their troops home and securing their homeland with the most state of the art military defenses money can buy should come next.

For you see, the day is eventually going to come when the piper demands his due and this whole farce comes crashing down. The US will default and the dollar will become worthless. Precious metals will explode higher in price and those who were wise enough to take action early will partake in one of the greatest wealth transfers this world has ever seen.

Meanwhile, if the United States takes my advice (don't hold your breath), they will be in a key position to rebuild and restructure, after a major default. Sitting on a horde of real, valuable assets, that they bought with phony fiat money. In addition, they would have a strong military force, that none would dare oppose, for decades to come.

But then again, what do I know? I'm just a simple silver bug, typing away behind a computer screen, attempting to forecast a storm somewhere over the horizon, somewhere in the distance, that the majority of people would simply rather ignore.

- As first seen on the Sprott Money Blog

Everything Is Not What It Seems, It's All Happening Behind The Scenes

DHS just proved that the corporate media lied to us about Russian hacking. Grassley says that Susan Rice wrote a very strange email to herself. 

Pentagon sending troops near China, this is a normal rotation, but the corporate media is making it seem like we are preparing for war. The CIA intelligence agency used a paid mercenary army to attack and they claim it was a Russian force that died in the attack. 

This was a setup, the US and Russia have open channels 24/7 so they know where each force is. This was pushed to provoke a war. Russia is reporting that the paid mercenaries are preparing a chemical attack, they spotted containers of chlorine. Coats is out there pushing the idea that North Korea, Russia might be preparing to cyber attack the US.

- Source, X22 Report

Thursday, February 15, 2018

Another Problem for the Democratic Party: What Little Leadership They Have is Inept

The left is crumbling and they cannot find their feet. The mid-terms are rapidly approaching and still they are without a strong, unified leader. Will they find someone in time, or are they destined for failure?

- Video Source

Tuesday, February 13, 2018

The Agenda, Transition The Economy Away From The Central Banks

The infrastructure is now moving towards the blockchain, the system is being prepared to moved onto the new system and it is slowly being built. BoA critical stress detector is now blinking we are headed for something very scary. Other indicators are reporting that the economy is breaking down rapidly. The CIA is now implicated in paying for the dossier.

- Source, X22 Report

Compounding Problems Threaten to Tear the Democratic Party Apart

If they choose a rust belt friendly union middle classer they probably underperform in the wedge-issue southwest. If they persist in identity politics Trump may well use jobs and taxes to woo the rust belt even more red than it was in 2016.

- Source, Styxhexxenhammer

Monday, February 12, 2018

Score One for Patriots, the Deep State Was Just Duped, Trump Wins this Time

The deep state has been duped, the plan set forth between China and Russia is working, this was the double freeze plan. North Korea stopped testing and the US stopping have drills. The French see no evidence that Syria used chemical weapons, the deep state is still pushing their agenda. 

The attack on the coalition forces was completely fabricated, the deep state used this plan back in 2016 when they attacked the Syrian Army, they are now using the same tactic but the story is falling apart very quickly. There is a high probability that the deep state might try something during the Olympics.

- Source, X22 Report

Disaster for the Left Looms: The Democratic Party is Almost Broke Headed into Midterm Season

The MSM just until weeks ago, were trumpeting the end of Trump and the Republican party, citing polls that indicate the rise of the left and the fall of the right. Now the coin has flipped and support for the Democratic party has all but collapsed.

In addition to this, they are completely and utterly broke as their wallets dry up in conjunction with their support. With no clear leader yet in sight? How will they fair in the 2018 mid terms? I think you can make an educated guess.

- Video Source

Sunday, February 11, 2018

The Stock Market War Is On, The Elites Attempt to Bring Trump Down

The velocity of money is hit the bottom, the inflation indicators are off the charts. The stock market has declined by another 1000 points, the stock market wars are in full swing. The battle wages on, the system is on the brink of disaster, the central banks want to bring it down, the transition is not complete, this is why they need to bring it down now.

- Source, X22 Report