Tuesday, October 17, 2017

Trump Deliberately Weakening Obamacare to Force Congress to Act to Fix Healthcare

It is being widely alluded to that President Trumps recent actions against Obamacare, are a direct effort by him to weaken it to the point in which congress will have no choice, but to take action and replace it. 

Will this work, or will the elites, aka the Swamp, hold out and resist his latest efforts? The Democrats will never agree, but perhaps he can get the Republicans to finally do their jobs. We shall see.

- Video Source

Monday, October 16, 2017

Dr. Ron Paul on Big Brother's War on Cash

Everyone is surely aware by now that all of our digital communications are being sent to government databases for storage. If our American ancestors could see it, they wouldn't believe their eyes. We still, however, have the ability to use cash. All of our economic decisions are not under constant government surveillance. Ron Paul discusses the dangers of Big Brother's War on Cash.

- Source, Dr Ron Paul

Saturday, October 14, 2017

Russia and China Strengthen Their Alliance, Weakening the US Dollar in the Process

Month after month, year after year, the mighty King Dollar is slowly being weakened, its monopolistic grip as the fiat reserve currency of the world is steadily lessening. To many, this reality passes them by, as they are blissfully ignorant to the facts, living their lives without knowing the true ramifications that this will have on their lives.

People have simply taken for granted the reality that they live in and the power that comes along with having the unique status of "reserve currency of the world". This has granted the United States the ability to expand its empire and military might, despite the fact that it is utterly bankrupt, with its debt levels just recently exceeding the stunning $20 trillion mark. A debt that will never be repaid.

Yet, it has not just been the United States that has benefited, their closest allies have also experienced a trickling down effect and benefited from the close relationships they have formed with their ally and chief trading partner.

Indeed, it has been a good ride, but like all rides, eventually they must come to an end. This is exactly where we stand now. The ride is slowing down and not because the passengers want to get off, but because those waiting in line are demanding their turn.

China and Russia, have been increasingly growing closer and closer as the years go on. They have been forced into this uncanny partnership due to the numerous economic sanctions placed on Russia and the ratcheting rhetoric used against China. 

This partnership is not one that should be overlooked, as these two economic powers possess a stunning amount of not just military force, but also natural resources, the latter of which they continue to gobble up from lesser nations at a feverish pace.

Two resources that both countries desire, seemingly above all else, are oil and gold, both of which have been highly sought after by both countries.

Russia, luckily, has a massive reserve of oil under the ground, being the worlds largest producer of oil in the world, and China needs it to keep its economic engine running. Both have large reserves of gold both in the ground and in stockpile.

Therefore, it comes as no surprise to anyone following this story, to see that both countries are once again moving even closer together, supplanting the need to settle in USD, and establishing the first ever Yuan to Ruble payment system.

This has to have the United States government and the elites who control the fiat based system worried. The need to have US dollars, also known as the "Petro Dollar", is what drives their might and power. 

They cannot have countries simply abandoning this system haphazardly and setting up their own payment methods, and this is exactly what has led to so many countries in the middle east being ransacked, for even thinking about doing so.

Unfortunately for the West, Russia and China are no pushovers, and other than jawboning and rhetoric, we expect little to nothing to occur.

They know this, and they know that the West is ultimately powerless to stop them, as they forge their alliance and plan for the eventual day when it is "their turn" to hop on board the ride and instill their own reserve currency, one that many speculate will be tied to a basket of hard assets, including gold and oil.

This is just one more chapter in the ever unfolding currency wars and the gradual decline of the US Dollar, as the reserve currency of the world. This book is far from finished, but one thing is certain, it's sure to be a page turner.

Friday, October 13, 2017

London Analyst: Total Dollar Rejection, Gold & Silver Set to Rise

Alasdair Macleod says the U.S will be forced into raising interest rates, and gold and silver prices will rise because of it. Here’s why the hikes are coming…

Alasdair Macleod is bearish on the U.S. dollar. From rising commodities prices, slow growth and stagnation, inflation is on the horizon.

International demand for the U.S. dollar will decrease as countries move away from using the it for trade.

Other topic include:

  • Geo-political situation including the latest from Syria. 
  • The oil for Chinese yuan contract. 
  • Return of all the Eurodollars (all dollars sloshing outside of the United States, not just dollars in Europe) 
  • Gold Vs Cryptocurrency 
  • Gold confiscation and real money

- Source, The Silver Doctors

Thursday, October 12, 2017

What's Buried in the Fed's Report Reveals the Truth About the Economy

What is actually happen behind the scenes of the Western Economies of the World? Are things going good as the Central Banksters would have us believe, or is our system truly rotten at it's core, with the elites stealing every last drop they can get, before they crash it down upon our heads?

Charles Hugh Smith explains in this recent interview, exactly what he see's happening in the FED reports and tells us the truth about the economy, as he see's it.

- Video Source

Wednesday, October 11, 2017

Fed Warns: Tax Plan Could Lead to Inflation & Unsustainable Debt

Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump’s tax plan could lead to inflation and unsustainable federal debt.

In a procedural step forward, the Republican-controlled House of Representatives approved by a 219-206 vote a fiscal 2018 spending blueprint to help advance an eventual tax bill. The blueprint contains a legislative tool that would let Republicans pass a tax bill by a simple majority vote in the Senate, where they hold 52 of 100 seats, allowing them to bypass Democrats.

Separately, the Senate Budget Committee approved its own budget resolution and sent it to the full Senate for a vote, expected after Oct 16.

Trump and top Republicans in Congress hope to enact a package of tax cuts for corporations, small businesses and individuals before January, pledging that sharply lower taxes will boost U.S. economic growth, jobs and wages.

Wall Street rose on the steps taken, with major market indexes rising to record high closes again on Thursday as investors warmed to the notion that a sweeping tax overhaul could be in place by the first quarter.

"It sounds like they're serious about drafting tax reform legislation and that gives everyone greater confidence that this might actually happen," said Phil Orlando, chief equity strategist at Federated Investors in New York. He predicted tax reform could lift economic growth and corporate earnings for 2019 and send the benchmark S&P 500 .SPX index above 3,000.

But Federal Reserve officials questioned the rosy Republican scenario, saying that proposed tax cuts could deliver a short-term growth surge but also bring high inflation, burdensome government debt levels and an eventual return to sub-par economic growth.

Unless targeted to raise productivity and underlying potential, San Francisco Fed President John Williams said a tax cut could feed “unsustainable” growth that would ultimately be undone by asset price bubbles, inflation and possible recession.

Fed officials generally refrain from commenting on fiscal policy. But the Trump administration is proposing up to $6 trillion in personal and corporate tax cuts at a time when many economists feel the country does not need massive stimulus.

- Source, Reuters, Read More Here

Tuesday, October 10, 2017

O'Keefe Strikes Again, Catches NYT Editors On Hidden Camera: Targeting Trump's Businesses and Family

In the latest of a series of undercover operations targeting mainstream media bias, James O'Keefe has just dropped a new undercover video which takes direct aim at the New York Times' Audience Strategy Editor, Nick Dudich, who admits repeatedly to promoting content that intentionally seeks to, among other things, damage President Trump's businesses as a means towards forcing his resignation.
Here is a brief intro from Project Veritas:

While talking about being objective at the Times, Dudich replies candidly, "No I'm not, that's why I'm here."

Dudich considers himself an important player at the New York Times, telling the Project Veritas Journalist "my voice is on... my imprint is on every video we do."

Dudich goes on to explain what he might do to target President Trump:

"I'd target his businesses, his dumb fuck of a son, Donald Jr., and Eric...

"Target that. Get people to boycott going to his hotels. Boycott... So a lot of the Trump brands, if you can ruin the Trump brand and you put pressure on his business and you start investigating his business and you start shutting it down, or they're hacking or other things. He cares about his business more than he cares about being President. He would resign. Or he'd lash out and do something incredibly illegal, which he would have to."

When the undercover journalist asks Dudich if he could make sure that the anti-Trump stories make it to the front, he replied, "Oh, we always do."

- Source, Zero Hedge, Read More Here

Will Markets Be Nationalized During the Next Crises?

We can all feel it in our bones, we know that another collapse lays just on the horizon. NOTHING has been solved from the 2008 crisis and everything has simply been papered over. What comes next? What will the next collapse look like?

Thursday, October 5, 2017

The Swamp Attacks Trump Tax Plan

President Trump finally unveiled his tax plan yesterday…

It would be the first major overhaul of the tax code since 1986… the “biggest tax cut of all time,” as the president calls it.

Will it make the American economy great again?

Or will it vanish into the swamp… like Trump’s plan to replace Obamacare?

These are the questions that furrow our brow today…

Trump’s tax plan proposes, in part:

To reduce personal income tax brackets from seven to three (12%, 25% and 35%)…

To cut the corporate tax rate from 35% to 20%…

To double the standard deduction for both couples and single filers (to $24,000 and $12,000, respectively)… and eliminate the estate tax.

The president assured us this is a plan for every man jack… that “the rich will not be gaining at all.”

But the rich did gain yesterday…

Stocks surged to record levels yesterday afternoon as the president trumpeted his plan.

They surged again today.

It was the promise of tax cuts that helped inflate the Trump “reflation trade” since the November election.

Now they’re in sight — if not yet within reach.

The plan’s promises are many… but its details few.

The devil dwells in the details, of course. But so does God…

Reagan’s 1986 tax reform bill ran to 450-plus pages.

Trump’s runs to nine.

Where is the devil in Trump’s plan… or God?

Without corresponding spending cuts or other means of generating revenue, wouldn’t the tax cuts add trillions to the debt?

The Committee for a Responsible Federal Budget estimates the plan would add $2.2 trillion to the national debt over the next 10 years.

Kyle Pomerleau of the Tax Foundation pegs it at $5 trillion if every provision makes it home.

But Trump’s tax plan must first make it through the swamp. And therein lies a vast tale…

Trump says he wants filing a tax return so simple it could fit on a postcard.

That means simplifying the tax code.

But simplicity in the tax code is a declaration of war against the lobbyist…

How does he turn the system to his advantage?

How does he work the angles?

At 74,608 pages, the United States Tax Code features lots of angles to work… and dark corners where swamp creatures lurk.

House Speaker Paul Ryan now expects “10,000 lobbyists” to storm Capitol Hill.

Each is out to keep his bucket in the stream… his snout in the trough… and his BMW in gas.

I’m heart and soul for tax reform, says the lobbyist. Just make sure it’s the other fellow’s taxes being reformed.

Texas Republican Rep. Kevin Brady, without exaggeration:

“They will take all of tax reform down to just keep their one special provision.”

And so it goes, with a hundred industries, each with its battalions of lobbyists.

“This could be the single issue that brings out the army of lobbyists more than any other issue we’ve seen in recent years,” says Craig Holman of Public Citizen, a government accountability outfit.

Will Congress withstand the onslaught?

Goldman Sachs predicts the final tax cut — if it passes at all — will be “a pale shadow of its initial proposal.”

Here at The Daily Reckoning, we have our own answer… an answer affirmed by one veteran lobbyist:

“I can’t even imagine Republicans doing full-fledged tax reform that steps on toes.”

We suggest one slight amendment:

“I can’t even imagine Republicans or Democrats doing full-fledged tax reform that steps on toes.”

“You have no idea how hard this is going to be,” warns outgoing Republican Sen. Bob Corker of Tennessee.

Ah, but we do, Senator.

And that is why we expect it to fail…

Live Stream Taken the Night of Las Vegas Shooting Confirms: NOT JUST ONE SHOOTER

Staff and guests at the Bellagio Hotel confirm multiple shooters, and it was streamed live. Even LV Sheriff Lombardo says “you’ve got to assume shooter had help”. Here’s the latest…

At the Bellagio Hotel (not Mandalay Bay), Rene Downs made a Facebook Live video discussing shots coming in through the front doors of the lobby causing mass chaos and a stampede.

Las Vegas Sheriff: “You Got To Assume Shooter Had Help” As “Mystery Woman” Emerges.

During a lengthy press conference update on the investigation into the Las Vegas massacre, Clark County Sheriff Lombardo expressed his belief that gunman Stephen Paddock had to have help at some point but sarcastically says “maybe he’s a super guy.” 

Clearly showing the strains of being awake under serious stress for the last 72 hours, the sheriff explained…

- Source, Silver Doctors

Wednesday, October 4, 2017

Blowback? NFL Ticket Sales Crash 17.9% As Owners Lose Control Of Players

Probably just a coincidence... or just transitory, but The online ticket reseller TickPick told The Washington Examiner that sales have dropped 17.9 percent, far more than the usual Week Three fall...
  • 17.9 percent decrease in NFL orders this week compared to the previous week.
  • Last year the drop was 10.8 percent in orders on Monday & Tuesday following Week Three games.
"We have seen a massive decrease in NFL ticket purchases this past week in comparison to years past. Week 3 seems to usually have less ticket orders than week 2, but this year ticket purchases are down more than 7 percent from this time last year," said TickPick's Jack Slingland.

"While we can't specify if this decrease is due to the president's comments, player and owner protests, play on the field, or simply the continued division of consumer's media attention, the conversation around the NFL this week has focused on the president's comments as well as the players' and owners' reaction. As viewers continue to abandon their NFL Sunday habits, both the number of ticket sales and the purchase price of tickets will drop," he told us.

And despite orders from The NFL that players will stand for the National Anthem this week, The Hill reports that at least three Miami Dolphins players (Julius Thomas, Michael Thomas, & Kenny Stills) took a knee during the playing of the national anthem Sunday.

Saints players took a knee before the anthem began, but then stood as it was played.

But as ESPN reports, NFL owners are struggling to retain control of their players...

"It certainly was my takeaway that the commissioner was looking for a way for the protests to end,"DeMaurice Smith (NFL Players Association executive director) said Friday when asked about his 30-minute conversation with Goodell (NFL commissioner), while declining to offer specifics about what was discussed. Goodell declined to comment, but a league source did not dispute Smith's account.

"Knowing the league the way I know the league, they are first and foremost concerned about the impact on their business," Smith said. "That's always their first concern. I mean, who are we kidding?"

Nobody was kidding when many of the NFL's highest-profile owners, including Robert Kraft of the New England Patriots and Jerry Jones of the Dallas Cowboys, expressed concerns last week that the optics of hundreds of players kneeling, sitting or remaining in the locker room during the playing of the national anthem had alienated many fans at a particularly perilous moment for the NFL.

TV ratings for many of this year's games have continued a slide that began last season; some league sponsors have grown skittish about the backlash; and most surveys have shown that a majority of NFL fans are turned off by the politicization of the game.

To the commissioner's suggestion that the protests should end, Smith said,

"My only response was, 'I don't have the power to tell our players what to do.' ... At the end of the day, this is a group of players who are exercising their freedom.

There is no room for me to snap my fingers and tell our players, 'It's time for you to give up a freedom.' Just the idea offends me. It's almost as if the players are being asked, 'What's it going to take for you to stop asking to be free or to be treated like an American?'"

Early on, one of the players pointedly told the assembled owners -- in particular Kraft, who this year gave his longtime friend Trump a Super Bowl 51 champions' ring -- "We know a lot of you are in with Trump. This meeting is going on because the players think that some of the people that they work for are with his overall agenda, and that's not in the players' favor."

"We can't just tell them to stop," Goodell said of the players' protests.

Many owners immediately argued otherwise.

"We need to find a way where Trump doesn't win," one said, and that meant using leverage as employers to end the protests.

Another said, "We'll get our guys in line."

Political infighting contonues to stink up the place...

Some owners were angry that Joe Lockhart, the NFL's executive vice president of communications who worked as President Bill Clinton's press secretary, had told reporters on a Monday conference call that the players' words and actions on the subjects of police brutality and racism were "what real locker room talk is."

It was a brazen shot at Trump, who was captured in a 2005 video talking, in explicit terms, about grabbing women by their vaginas but later dismissed the video's contents as "locker room banter."

Owners, many of whom had supported Trump and seven of whom had donated at least $1 million to him, felt that Lockhart had unnecessarily politicized the league's response.

One owner barked angrily at Lockhart, who declined to comment about the matter, echoing a sentiment that most of them -- especially Jones -- shared: Nobody wanted to engage in a political mud fight with the White House, even if "they were all pissed at the president," a league source said.

As ESPN concludes, by the end of their meetings, the players and owners weren't as unified as they would later publicly state, but as one owner says, "We've gotten out of crisis management and into, 'How do we do this correctly?' There was a chance that we didn't deal with it correctly -- and it had passed."

Perhaps after this week's collapse in ticket sales - and potentially a few more lost advertising dollars - the owners may have some different ideas on how to control their players in their place of work.

- Source, Zero Hedge

Tuesday, October 3, 2017

Bitcoin Becomes Part of North Korea’s Geopolitical Arsenal

Fresh off the news of North Korea claiming that the United States has declared war due to U.S. President Trump’s military positioning and contentious rhetoric, a report from FireEye has suggested that the DPRK may be mining something other than coal.

With tensions at an all-time high, North Korea is looking towards new means of pursuing their economic and defensive goals, and following increased cyber-attacks on South Korean cryptocurrency exchanges, it may be possible that North Korea is eyeing bitcoin as a hedge against geopolitical turmoil or even a means of skirting sanctions.

While North Korea has only limited access to petroleum due to increased sanctions and zero proved reserves of its own, the country isn’t without resources. South Korean estimates suggest a possible trillions of dollars’ worth of rare earth minerals waiting to be dug up. These include iron ore, zinc, copper, graphite, gold, silver, magnesite, and approximately $9.7 trillion worth of coal and limestone.

North Korea’s increased belligerence, however, has put a damper on hopes to rebuild the country’s mining sector. As North Korea became increasingly aggressive, the UN began placing bans on the country’s metal exports. And this year, following the increase in weapons testing, the UN upped the restrictions, including fresh bans on coal, iron, and iron ore exports, with China soon following suit.

Now, North Korea is completely shut off from, or with very limited access to the import or export of nearly every conceivable commodity.

Many countries have even imposed harsher financial sanctions on North Korea as global pressure for action intensified. Japan and China have suspended all North Korean transactions and on Tuesday, September 26, the United States imposed greater sanctions, targeting North Korean financial institutions and regime members acting as representatives for the country’s banks in China, Russia, Libya and the United Arab Emirates

So not surprisingly, Kim Jong-Un is looking for a solution, and cryptocurrencies seem to have peaked his interest.

King Jong-Un’s regime is certainly no stranger to cryptocurrencies. Between 2013-2015, the country hacked South Korean bitcoin exchanges, stealing approximately 100-million won (nearly US$90,000) in Bitcoin every month. Additionally, the country was linked to the Lazraus Group which was reportedly behind the WannaCry ransomware that infected over 200,000 computers across 150 countries.

With the country’s tech-smart regime, and coal exports banned, North Korea may have found a use for its most abundant resource – bitcoin mining.

Recorded Future, an intelligence research firm backed by Google Venture and In-Q-Tel (a venture capital firm funded by the CIA), released a report on North Korean internet activity, including what was identified as the start of bitcoin mining by users on May 17.

In an interview with VOA Korean, Priscilla Moriuchi, the director of strategic threat development at Recorded Future explained: "We weren't able to determine the volumes, like how many bitcoin they can generate per certain time period. We could just see activity.” Moriuchi added that the intelligence firm had two hypotheses regarding the activity – the first being a group connected to the government, the other being an individual who had access to the internet.

Speculation leans to a connection to high-ranking officials in Kim Jong-Un’s regime, Moriuchi noted. Due to the limited access individuals have to the internet in North Korea, and especially the lack of expensive equipment necessary to pull off such a feat, it is likely that the government played a significant role in the mining activity noted by Recorded Future and In-Q-Tel.

North Korea’s biggest trading partner and de facto leader in the Bitcoin world, China, may also play some role in this developing story.

The founder of Bitcoin NYC Meetup, Jonathan Mohan, noted: "It wouldn't surprise me if, perhaps, hypothetically, North Korea were to have pre-existing business relationships in China that wouldn't mind purchasing bitcoin from them, and then just disseminating it to the Chinese market as you would with any other bitcoin."

Interestingly, this string of news comes just after China’s clamp down on cryptocurrencies, with many of its major exchanges planning to shut down at the end of the month. CNBC has noted that the Chinese general administration of customs did not respond to requests for comment.

“North Korea using these technologies is not exactly a loophole to the sanctions — that could be overstating the power of bitcoin itself,” Yaya Fanusie, a former CIA counterterrorism analyst, told The Washington Times. “But you have a cat-and-mouse game evolving, and this is just the type of emerging technology that the [U.S. intelligence community] needs to develop expertise to understand."

As geopolitical rules and boundaries become grayer, how this situation unfolds will surely be something to keep an eye on.

Luke McNamara, a researcher at FireEye and author of the September 11 report notes “There are variety of things they could do to cash out.”

- Source, OilPrice.com

Monday, October 2, 2017

Catherine Austin Fitts: Deep State Globalists Want to Destroy the US Constitution

Catherine discusses here breaking research of $21 trillion in “undocumented adjustments”, which is another way of saying “missing money”. The U.S. has crossed the 20 trillion mark “officially” in national debt, but the amount of money missing is even more than that.

Catherine says to not just take her word for it, because there are independent reviews now taking place that confirm not only the 21 trillion, but the research is showing that Catherine’s number is too low, and the real amount is even larger.

This interview brings everybody up-to-speed on the latest activities of what Catherine refers to a as a “criminal enterprise”, also known as the federal government of the United States and especially Washington D.C. Unfortunately, what the globalists are trying to achieve is not good for anybody who feels we need to make a return to constitutionality in government...

- Source, USA Watchdog

Friday, September 29, 2017

John Mauldin: The Future of the Global Economy

Mauldin Economics Chairman John Mauldin and CNBC's Rick Santelli discuss global central bank policy and the markets.

Are we headed for another collapse?

- Source, CNBC

Tuesday, September 26, 2017

Fund Manager: Will the Fed Collapse the System?

Fund Manager David Kranzler tells Silver Doctors the Fed cannot normalize its balance sheet without crashing the system. 

In this SD Weekly Metals & Markets, David Kranzler, Eric Dubin and Elijah Johnson discuss: 

- The physical vs. paper precious metal markets. 

- Will the Fed collapse the markets? 

- U.S. gold and silver mining companies under attack?

- Source, Silver Doctors