Thursday, December 14, 2017

Gregory Mannarino: Bitcoin Futures are the Biggest Pump and Dump Ever

On Bitcoin and the new futures markets for it, Trader/analyst Gregory Mannarino says, “Right now, Wall Street with its hand on Bitcoin, means to me that it’s going to be gamed. (Bitcoin) It’s very thinly traded, it’s not widely held. Very few people actually hold this, and the bulk of this is held by very few. So, to game Bitcoin through the exchanges, someone out here with deep pockets, like a bank with unlimited fiat currency, could run the biggest pump and dump the world has ever seen with regard to Bitcoin. They are going to play it using the futures market. Wall Street is going to game this. How do we know this? Wall Street games everything.” 

On the Bond market, Mannarino contends, “The debt market or the bond market is in the largest bubble the world has ever seen. If you believe Bitcoin is in a bubble, the bond market bubble makes Bitcoin look like one grain of sand on the entire earth. That’s how big the debt bubble is. World central banks have gone to unbelievable lengths to prop all this up. They are going to kill the dollar, and they have been killing it for years. It has lost almost all of its purchasing power.” 

Mannarino says the “red warning flag” will come from both the stock and bond markets at the same time. Mannarino explains, “When we see a sell-off in the bond market that does not stop, and we see a simultaneous sell-off in the stock market, when these two assets start to sell off at the same time, there is the gong of gongs. That’s going to be the moment when people need to run for the hills, if you can get out.”

- Source, USA Watchdog

Wednesday, December 13, 2017

The New World Reserve Currency Will Be a Cryptocurrency Backed by Gold and Silver

With $21 TRILLION gone missing from DOD and HUD, as recently revealed by researchers, WHERE IS THE MONEY, how is it being used, and how will it impact the official US Government financial measures if accounted for properly? 

Are Bitcoin and other cryptos making gold & silver obsolete, or is there a centralized hand over-reaching into the crypto markets? What specific facts signal the last gasp for the US Dollar, against an unarguable preponderance of mega-trends? 

Rob Kirby, proprietary financial analyst, precious metals expert, and founder of, returns to Reluctant Preppers to answer YOUR QUESTIONS in this rapid-fire and wide-ranging interview that tackles the tough issues you won’t hear about on the mainstream media!

Monday, December 11, 2017

Dr. Ron Paul: Looking for Inflation in All the Wrong Places

Just as government always lies about its wars and their “progress," they also lie about the economy and inflation. It’s not very hard to do when a compliant media parrots the same lines in unison. Ron Paul talks about the Fed’s massive creation of new dollars in 2008 and how it created an even bigger problem that we’re now going to have to face.

- Source, Dr Ron Paul

Sunday, December 10, 2017

Precious Metals Experience a Sharp Decline in Demand as Bitcoin Continues to Steal Its Thunder

The Perth Mint, one of the largest sellers of bullion in the world posted its results and demand is down. Big time.

Additionally, the US Mint has posted figures for its key products, all of which experienced lessened demand throughout the month of November.

The Perth Mint sold 23,901 ounces of gold throughout last month, a drastic drop from October, which saw steady gains. In fact, it was down by 46.4% from October, and 56.3% from November 2016. A stunning reversal from the previously seen strong demand.

But why, why is this happening? Have precious metals suddenly lost their luster, has their 10,000 year history as a store of value suddenly evaporated within the matter of a month? Of course not, this is absurd and ludicrous and sounds like a copy and pasted line from any MSM financial outlet.

What is happening is simple. Bitcoin is stealing the show. Bitcoin is decimating the demand for precious metals and will continue to do so, until it experiences a massive correction, or becomes out of vogue.

The miraculous rise in the price of Bitcoin has contrarian investors backing up in horror. While the crypto currency enthusiast continue to HODL at all cost, foregoing the huge gains they have experienced in the hope that they will continue to see parabolic gains. 

Perhaps they are correct, as the price of Bitcoin has blown through first the $10,000 dollar mark, then $11,000, then $12,000, then $13,000, then $14,000, and then the $15,000 price point. Yes, this all occurred in one week. You can't make this up!

This is one of the greatest wealth transfers we have seen in centuries, and for those who are ringing the register, you can't blame them, as long term holders have likely experiencing gains that they will never again see in their lives.

Still, some in the industry continue to "clutch" their digital coins, as they state Bitcoin could reach $40,000 by the end of this month. A wild predication and one that if proven correct, is truly historic.

I have no idea how much higher Bitcoin is going, nor do I believe anyone else does. This is a totally new asset and one that is impossible to evaluate, especially given its very brief history.

What I am more certain of, with each growing day, is my predication that precious metals are going to experience a dramatic and sharp reversal. A move that is going to be propelled forward throughout the duration of 2018 and one that will eventually see the "barbarous relics" test and break their old highs. A move that is going to be propelled by the eventual top in Bitcoin.

Take heart gold bugs, better days are coming, and take some advice from your cryptocurrency cousins. HODL!

- As Originally Seen on the Sprott Money Blog

Friday, December 8, 2017

Central Banks Are Worried That People Will Realize They Are Obsolete

The establishment are now trying to move into the crypto market by creating a future market for bitcoin. Venezuela will try to use cryptocurrencies to bypass the dollar, the crypto will be backed by oil. The central banks are trying to show why they are needed by using the corporate media. US factory orders slide.The everything bubble is riskier than in 2008. A new research paper shows that the FED does not need to raise interest rates. For the first time ever government passed private debt.

- Source, X22 Report

Thursday, December 7, 2017

Dr Ron Paul: Privacy Is Liberty and Liberty Is Privacy

PRIVACY and LIBERTY are both parts of the nature of every individual human being. We are all born with the LIBERTY to think in PRIVATE. Our minds are our individual kingdoms, where every thought happens in secret. POWER seeks to abolish both LIBERTY and PRIVACY. Ron Paul explains the threat.

- Source, Dr Ron Paul

Wednesday, December 6, 2017

The Coming Shift: Debt Deflation and Structural Demographics

In this episode of Hidden Forces, host Demetri Kofinas speaks with former Chief US Economist for HSBC, Lacy Hunt, about the macro forces driving the global economy in the 21st century. What effect might debt deflation, structural demographics, historically low savings rates, rising inequality, falling productivity, and financialization have on our future? 

How will we navigate the next recession, having wasted the last 8 years chasing the shadows of wealth through buy-backs, stock appreciation, and financialization? Where will the demand come from in a consumer-led economy still fighting the forces of debt-deflation with diminishing savings rates and rising interest expenses? 

How will we manage our unfunded liabilities, mortgage payments, rents, and college tuitions, with falling fertility rates? And how does all of this tie back to the resurgence of populism and the escalation of geopolitical tension in a world tied together by our liabilities but torn apart by the specter of conflict, the failures of diplomacy, and the expediency of war?

- Source, Hidden Forces

Tuesday, December 5, 2017

Saudi Arabia and Other Geopolitical Gold Market Shockers Coming in 2018

Chris Martenson and Jay Taylor discuss the recent action in the markets and how so many things are pointing to a massive collapse in 2018. This will result in a huge correction in the stock market and a massive surge for precious metals. Shocks are coming.

- Source, Jay Taylor

Sunday, December 3, 2017

Bitcoin Rockets Higher, then Crashes Lower, Then Repeats

The Bitcoin markets are in utter turmoil at the moment, the cryptocurrency that has become the envy of all speculative assets, possibly one of the greatest in modern history, is experiencing extreme volatility.

Long familiar with extreme ups and downs, Bitcoin has a history of moving higher rapidly, and also crashing suddenly. This past 24 hours appears to be encompassing both of these directions as the markets engage in an active game of tug of war, with billions of dollars on the line.

Those who have only recently gotten on the cryptocurrency bandwagon, buying into the recent parabolic rise of Bitcoin have to be vomiting in disgust, as they watch their hard earned money being beaten like a dirty rug, but this is it, this is what it looks like to be involved in the cryptocurrency space, and something that veterans of the markets have seen time and time again. It is not all peaches and cream.

It began yesterday, when Bitcoin surged higher, out of nowhere, rising to a high of $11,323 USD, from a $9721 USD start of the day. A monstrous gain in less than 24 hours. However, it was not meant to last as it promptly plummeted downward to $9435 USD, causing many of the major Bitcoin exchanges to crash themselves and go offline, including Coinbase, which is the most well funded exchange within the sector.

Following this crazy few hours, Bitcoin began to climb higher once again, easily breaking the $10,000 USD mark in overnight hours trading, but this too was not meant to last.

Chart Source, CoinDesk

Seeing this extreme volatility has caused many holders of the crypto currency to take profits, pulling out their money and causing another rapid crash lower, which as of this writing, has Bitcoin resting around $9,362 USD.

Compounding these problems is the fact that prominent names within the precious metals space have recently come out and suggested that perhaps it is time to take some gains, as the price of Bitcoin has gone parabolic throughout 2017, shocking even some of its most stout supporters.

As I have previously mentioned, 2017 has been a phenomenal year for Bitcoin. For those who got in even at the start of the year, you should be congratulated, as you made the right call and are now looking at huge gains. But as I have also seen numerous times in the past, Bitcoin can evaporate the majority of your gains in the blink of an eye. This isn't the first time, nor will it be the last time that Bitcoin suffers uncontrolled volatility.

It has been and continues to be, a wild, uncontrolled and incredibly speculative asset. One that has the potential to either change the financial world for all time, or possibly be the greatest scam we have seen since the Tulip mania. 

I lean towards the former, but remember this always, there are powerful forces actively working against Bitcoin and its success, forces that will not take this change and threat to their fiat power lying down.

- As originally seen on the Sprott Money Blog

Saturday, December 2, 2017

The Central Banks Are Ready To Make A Move On Gold, It's Not What You Think

The corporate media are trying everything to make it seem like this holiday season is going to be incredible. Spain's third largest bank has implemented a cashless banking agenda. The BRICS are going to create and establish a new gold trading system which will revalue gold. This is what the central banks do, keep the price of gold low, shift the gold to another location and once completed revalue gold higher.

- Source, X22 Report

Friday, December 1, 2017

Ron Paul: Third Wave Bull Market for Gold About to Begin

Dr. Ron Paul goes through economic gold history and cryptocurrencies in this video and feels we are on the eve of the third stage of the bull market in gold. He shares his thoughts below in a Special Market Update.

- Source, Ron Paul

Thursday, November 30, 2017

The Real Cost Of War: Three Times More Than The Government Admits

According to a new study by Brown University's Watson Institute, the real cost of the US wars since 9/11 is three times the Pentagon's estimate. Some $5.6 trillion have been spent on the endless global war. The total costs of 16 years of war are even higher, and they extend beyond just finance.

- Source, Ron Paul

Wednesday, November 29, 2017

Democrat Meltdown Continues as Clinton and Obama Camps Begin to Attack One Another

The Democratic party is in shambles, especially when you zoom in and look at its utter lack of leadership. The fake news, aka the Lamestream media would have you believe otherwise, but all you need to do is look at the reality in front of your face and you will realize this.

This break down continues and is spiralling out of control as members from the Clinton camp begin to attack those in the Obama camp and vice versa. This is how movements die.

- Video Source

Tuesday, November 28, 2017

Mark Dice Reports On The Black Friday Zombie Apocalypse Plus A Mayhem Roundup

Imagine what will happen when the US dollar is no longer king just as the hyperinflation kicks in. Yikes…

First, Mark Dice, perhaps best know around here as the guy who can’t give away a 10 ounce silver bar when giving the choice to random strangers on the street between a Hershey’s candy bar and the silver bar.

Well, in Mark Dice style, He drove around and caught some of the action on tape in what he is dubbing the Zombie Apocalypse.

- Source, Silver Doctors

Monday, November 27, 2017

Jeff Berwick: It’s Time to Rotate Crypto Gains Into Forgotten Gold Stocks

Jeff has been surprised by just how good the crypto space has done this year. He was telling everyone to buy bitcoin back in 2011 and has continued to recommend it. Jeff compares cryptocurrencies to the beginning of the Internet. 

It feels like we are entering the Internet 3.0 and Wall Street seems to be finally catching on. The bitcoin market is still tiny, and if it ever gets valued anywhere near gold, it will still go up thousands of percent. The entire thing is bizarre and mind-blowing. 

He didn’t expect his bitcoin price target to more than double this year nor did he expect alt-coins to do so well. The space is volatile, and crashes are to be expected, but overall he is still quite bullish. It’s tough to tell where we are at but very few people seem to own any bitcoin. Some individuals seem to be piling in, but when you look at valuations, they are still low quite at around 220 billion dollars. 

This is far less than the valuations for Facebook or Apple. Just like most gold bugs he also wants to get rid of central banks and fiat currencies. Cryptocurrencies are exciting as they have the potential to help facilitate that change. If we can turn things around the world will be a much better place. 

Jeff has always recommended that people have much of their money in gold and silver. It’s still an excellent hedge. He is becoming more interested in investing some crypto profits into gold stocks. 

They discuss how Mexican Gold Corp. is an exciting junior company and how they have recommended it recently.

- Source, Palisade Radio