Thursday, December 24, 2020

Ron Paul: The Bipartisan Stimulus Hoax

Democrats and Republicans publicly argue and bicker with one another. Outwardly, there is conflict. 

But when it comes to expanding the power of government in every direction, there couldn't be more harmony between them. 

The growth of state power and destruction of individual liberty is a bipartisan affair laced with endless lies. 

Word of another "stimulus" is in the headlines, with the stated intention of "helping" Americans and the economy.

- Source, Ron Paul

Monday, December 21, 2020

Catherine Austin Fitts: The Great Reset Means a Digital Control System

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the reset is “the end of currencies.” She goes on to say, “It’s the death of currencies.

Currency is something that is liquid. Currency is something I can put in my pocket and walk away. This is a digital control system. This is a credit at the company store.

You will be given a credit at the company store, and if you do what you are told, you can buy things at the company store, but you can’t start your own store. That’s what we are watching right now in the U.S. economy. This is how it works.

The insiders and their businesses are deemed essential and can stay open. Then they can do a series of things to shut down all the independent people and herd all those cash flows into theirs. So, you can’t go to church and you can’t sing, but you can stream Netflix. You can go to Costco. You can go to Walmart.

If the Fed and New York money center banks can make money from it, it’s essential, and you can do it. They can borrow from the Fed at 0%, and our credit cards cost 16%. This is how this works. So, this is economic warfare, and it’s designed to destroy the independent producer.”

- Source, USA Watchdog

Friday, December 18, 2020

Bitcoin Goes Parabolic: Tis the Season for Record Breaking Highs

Here we are again, yet another week and yet another new all time high for the price of Bitcoin. This asset is truly on fire and is now once again entering into a "parabolic" phase.

The reasoning for this continues to be the ever increasing demand of institutional investors who are moving heavily into the crypto space, with Bitcoin being the natural first and main choice for many of these institutions.

But how long can these gains continue at this neck breaking pace, before one of its dreaded and often before seen crashes occur?

Tis the Season for Bitcoin

Bitcoin has truly dominated the financial headlines as of the past few months, with CNBC and other financial outlets plugging the crypto currency over and over again.

This has led to much speculation and much hype surrounding the asset class and for good reason, the gains experienced in the Bitcoin marketplace have been truly historic.

(Chart source, coindesk)

At the time of writing, Bitcoin stands at $22,478.27 USD, moving up from a low seen on December 11th of $18,137.32 USD.

This means that in one week's time, Bitcoin has gained a stunning $4,340.95 USD per coin. 

Say what?

Those buying in at these prices need to have stomachs made of steel, as this is starting to look like one of Bitcoins many "blow off" tops that it has had countless times throughout the years, only then to be rebought by stronger hands at lower prices.

Many people have discovered that this is one of the most volatile and turbulent asset classes that you could possibly buy into, making you fabulous gains overnight, only to evaporate before you go to bed again at night.

However, for those who have "stuck" it out for the long-term, dollar cost averaging into Bitcoin month over month, have done remarkably well, outpacing any other asset class on the market.

Practice Extreme Caution Moving Forward

For those who are new to the Bitcoin space, you may be expecting these gains to continue indefinitely, however, Bitcoin is a fickle lover and what it gives, it rapidly takes away.

Remember, the price of Bitcoin was trading as low as $10,555 USD per coin as of early October, meaning that it has more than doubled in only two months!

Typically this is a giant red flag for any asset, any stock, or anything in general. 

A large correction is likely to occur as investors who have profited wildly in the past few months take money off the table and secure their gains.

I would not be surprised to see Bitcoin suffer a retracement back to the $15,000 USD level, however, anything is possible at this point, as Bitcoin has continued to prove time and time again. The volatility is just that extreme within this space.

Gold and Silver Bullion Continued to be Underappreciated

Meanwhile, Bitcoin's older cousins, gold and silver bullion continue to be foolishly ignored.

(Chart source,

Many investors see the continued stagnation in the price of gold and silver bullion as being directly related to the meteoric rise in Bitcoins price.

This may be somewhat true, even if it does not paint the full picture, as precious metals and cryptos are two wildly different asset classes, that serve very different purposes to those who have more than a superficial level of knowledge of the two asset classes.

I do believe however that this is a trend that cannot and will not continue, as I know many investors within the crypto space who strongly believe in the fundamentals of precious metals and their necessity as an insurance policy against rising inflation and geopolitical risk.

It is very likely that if the bull market for Bitcoin continues into 2021, then you are going to see some crypto investors diversify a portion of their gains out of the crypto space and into precious metals, causing the metals to play "catch up" and move significantly higher.

There simply is no replacement for physical precious metals in your personal possession, despite what some within the crypto space would try to tell you.

In Conclusion

To make any solid predictions on what is going to unfold throughout the course of 2021 is an incredibly difficult task for even the most brilliant of financial minds, however what is almost guaranteed at this point is that 2021 is going to be filled with extreme risk and uncertainty.

COVID-19 will continue to plague the world well into the year and more financial bailouts are going to be needed if the system has any hopes of staying afloat until the true end of this crisis.

Money printing is going to continue to occur at a record breaking pace and inflation will follow suite.

This is exactly why you are seeing alternative assets such as Bitcoin being bought so heavily and is exactly why I believe that we are going to see precious metals break free from its shackles as we head throughout next year.

Until then, be safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Wednesday, December 16, 2020

Rick Ackerman: Second Great Depression Starts in 2021

Analyst, professional trader and financial writer Rick Ackerman likes gold and silver too, but not because he sees explosive price rises. 

He likes precious metals because they are solid core investments. They work well in inflation or deflation. 

They are rugged and will work no matter what comes. Ackerman thinks what is coming will be far worse than the Great Depression, “I call it the ‘Second Great Depression.’

What are we going to have? A zombie apocalypse? I use the example of somebody riding to the soup kitchen on an $8,000 graphite trail bike.

We are going to find out how many of the jobs are completely unnecessary, like 95% of people who work for government. That’s coming.

It’s coming sooner or later, and we are going to have a time or day of reckoning. How long can this con go on? 

We are in a very unstable position and, financially speaking, we have stimulus not stimulating anymore in a meaningful way.”

- Source, USA Watchdog

Friday, December 11, 2020

The COVID-19 Vaccine Will Define the Economy in 2021

By now I'm sure that you have already had one, two or possibly even more conversations with family and friends about the rapidly approaching wave of COVID-19 vaccinations that are about to inoculate the world.

Without a doubt and I believe unarguably at this point, this will be the most dominating news headline as we head into 2021 and as we proceed throughout the year.

The rollout of this vaccine, its success rate and the ability for officials around the world to convince a large enough percentage of the population to take it are all contributing factors in how the global economy for 2021 is going to be defined.

The question is, how will it all play out?

The COVID-19 Debate Rages On

On one side, you have a large percentage of the population eagerly anticipating the rollout of the COVID-19 vaccine, with the majority of governments eager to get their hands on as many doses, as quickly as possible.

On the other side of the aisle, you have a smaller, however still very significant percentage of the population who are questioning the COVID-19 vaccine, whether it be from the angle of how rapidly it was developed, or how the long term effects are yet unknown.

I am not here to argue either side of the debate, however, it is undeniable that this topic is only in its early days and is going to rapidly become the "hot" topic of 2021, that will divide many friends and family members.

Those on the side of being "anti" the COVID-19 vaccine are not isolated to just those who are considered anti-vaxxers in general, with approximately 40% of the American population having some form of reluctance to get the vaccine.

Obviously, those deemed anti-vaxxers in general are naturally on this side of the argument, however, many prominent figures have stepped forth, who are typically pro vaccine, arguing against it.

One of the most recent people to join these ranks is Kyler Kemper, the half-brother of Justin Trudeau, the latter of which is the Prime Minister of Canada.

The National Post reports;

Kemper said there remains a “gigantic divide” in the scientific community over the COVID response. “Vaccine manufacturers are exempt from liability. That scares me. There are so many ways we can improve our immune systems to counter coronavirus. The sun gives us vitamin D and it’s great for the immune system. But Justin and the public health officials don’t tell people to get outside and get vitamin D,” he said.

Kemper said “the global health dictatorship” has imposed a response that has ultimately made people less healthy, with rising levels of suicide and depression, as well as “obliterating” small businesses such as the seven restaurants his family runs in Ottawa.

“It does not warrant all this hype and mania and doesn’t necessitate an experimental vaccine being rushed to market,” he said.

Some of the points that Kemper states are similar to arguments that you have heard throughout the course of the COVID-19 pandemic, such as the fact that there are ramifications to the lockdown, such as higher rates of substance abuse, depression and suicide.

Meanwhile, those who are in favor of the lockdowns state that without the lockdowns, COVID-19 would be even more severe of problem than it already is, with a magnitude more of lives being lost due to the pandemic running unchecked.

Hindsight is 2020 as they say.

Additionally, it is true that an ungodly amount of resources have been dedicated to developing an effective COVID-19 vaccine, with over 200 companies working day and night to discover an effective treatment.

This has resulted in a discovery rate that would typically take years to uncover in a standard vaccine clinical study, meaning that in all likelihood the COVID-19 vaccines that have been approved by many countries in the West are deemed safe, at least in the short term.

Vaccine Manufacturers Will Not be Held Accountable for Long Term Effects?

Even though a monumental amount of resources have been dedicated to discovering an effective COVID-19 vaccine and even though companies can guarantee that the COVID-19 vaccines being issued are safe in the short term, they however cannot state definitively that they are safe in the long term.

This is the major sticking point for many people around the world who are currently reluctant to take the COVID-19 vaccine immediately, as even the companies themselves have made governments sign off on liability protection against COVID-19 vaccine related injuries.

"Equally important is offering companies protection against potentially substantial liability should Covid-19 vaccines cause real or perceived injuries to recipients. Manufacturers won’t agree to procurement contracts or ship vaccine without liability protection. 

According to an AstraZeneca executive, for example, in the company’s bilateral contracts, it has been granted protection against legal claims arising from the use of its vaccine products, since it “cannot take the risk” of liability."

Ironically, a statement out of Australia was just released today, indicating that one of their COVID-19 vaccine trials would have to be stopped, as a number of participants received false positives for HIV after being inoculated with their version of the vaccine.

Zerohedge reports;

The Australian government has canceled further development of a COVID-19 vaccine after several trial participants had false positive tests for HIV. The vaccine was being developed by the University of Queensland, while Australian biotech company CSL Limited had been under contract to provide 51 million doses. The vaccine had been on schedule for mid-2021, with phase two and three clinical trials due to commence in December.

"Our processes will not be compromised. At the end of the day, the Therapeutic Goods Administration – like with any vaccine in Australia – must give their tick-off. Without the tick, there’s no jab when it comes to vaccines in this country. That is true for the Covid-19 vaccine, as it is true for any other vaccine that is administered here in Australia," Morrison added.

On the other side of the argument, this should be considered good news, as things may be rushed, but at least checks and balancing are still being applied, with the safety of the vaccine being paramount, as a botched rollout of the COVID-19 would have long lasting negative effects on the vaccine industry in general for decades to come.

In Conclusion

I believe that this debate is going to rage on well into 2021, with many armchair doctors rising up to do battle against one another over many family dinners for months to come.

Regardless of which side of the debate you stand on, you cannot deny the fact that a safe, effective COVID-19 vaccine that is accepted in the hearts and minds of the majority of the worlds population is paramount to the health of the global economy in 2021.

Without it, it is unlikely that government officials will lift all lockdown restrictions, restrictions that have utterly killed the travel industry and so many other sectors of the economy.

Sadly, it appears that 2021 is set to be yet another turbulent year, continuing on with the trend set in 2020.

Until then, stay safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Friday, December 4, 2020

Bitcoin is on Fire: Gains Over $3275 USD in Less Than a Week

Although both gold and silver bullion are recovering nicely at the time of writing, with gold cresting above the $1840 USD per oz mark and silver above $24 USD per oz, they do however continue to be stuck in a trading range, with repeated pressure keeping them from moving to new highs.

(Chart source,

One market that is also experiencing continued setbacks, only then to rally hard into strength is the king of the Crypto markets, Bitcoin, which is once again nothing short of being on red hot fire.

The Rollercoaster Ride Continues

Last week I discussed how Bitcoin had a phenomenal month of gains throughout November, only to then suffer a massive correction, sending the price tumbling by thousands of dollars in the span of only a few short days.

(Chart source, coindesk)

Fast forward to this week and those losses have been completely and utterly eradicated, as Bitcoin has found its footing in record time and has galloped past the $19,000 USD per BTC level, with it reaching a market cap of over $353.80B at the time of writing.

This is truly mind boggling, as it means that BTC moved from its setback low experienced on November 26th of $16,490.59 USD to its recent rally high experienced on December 1st of $19,768.15 USD in a matter of only five days!

This was an increase of $3277.55 USD per BTC, or 16.5% in gains, in less than one week.

Talk about volatility.

Still, many analyst seem to have faith in this move higher and some are making very lofty predictions, such as Bloomberg's Crypto department which recently stated the following;

“Bitcoin will maintain its propensity to advance in price into 2021, in our view, with macroeconomic, technical and demand [versus] supply indicators supportive of $50,000 target resistance, implying about a $1 trillion market cap.”

These predictions come largely based on the fact that many investment firms still do not hold a solid Crypto position, with BTC being the first "go to" coin to hold within that space, as well as the fact that only 900 BTC are being mined per day now, compared to 1800 per day in 2017, due to the halving that occurred within BTC.

Of these 900 BTC being mined per day, one firm alone, Grayscale Bitcoin Trust is gobbling up approximately 70% of them, taking the majority of them off the market instantly.

Also spurring on this demand is the stark reality that inflation is going to be a huge, continued problem in the years to come, due to the historic levels of money printing that has occurred and is still yet to occur due to the COVID-19 pandemic.

This has many Bitcoin investors worried and is one of the many reasons why they are fleeing into an asset class that they believe will offer them protection in the coming days.

Precious Metals Advocate Nigel Farage Joins the Bitcoin Party

Joining in on the recent action and adding some more positive news to the world of Bitcoin is Nigel Farage, the man who many believe "made" BREXIT happen.

In addition to being a renowned politician within the UK and abroad, loved by some and hated by others (depending on which side of the aisle you stand on), Nigel Farage has also been a stout supporter of alternative currencies that compete with the government controlled fiat based system.

For the past decade, Nigel Farage has appeared on precious metals podcasts such as King World News and many others, preaching to the masses about the protection that precious metals can offer and warning of the dangers surrounding fiat money printing run amuck.

Nigel has ultimately been correct in many of his predictions and has been proven to be a man that oftentimes ends up on the correct side of a trade.

It is therefore being taken quite seriously that Nigel Farage has decided to enter into the Bitcoin space, going on the record stating that he believes in it for the long-term.

In a recent interview with Sam Volkering, Nigel Farage stated the following;

“From the poorest to the richest in the land, one of the conversations that are going on is about cryptocurrency. The reason is all too obvious: it's that governments are, through this pandemic, creating vast amounts of funny money, debasing currencies, and people are scared about what this means for their money, their investments.”

In edition to this, Nigel Farage, ever being the anti-establishment type stated that Bitcoin is the “the ultimate anti-lockdown investment.”

In Conclusion

Whether or not Bitcoin will reach the $50K levels predicted by Bloomberg and many other analysts who strongly believe in the Crypto marketplace is yet to be seen, however, at this stage of the game and with this much fiat money printing occurring, anything is possible.

We know for certain that more fiat money creation, more bailouts and more stimulus plans are yet to be announced and will be coming throughout the course of 2021 and beyond.

The train cannot be allowed to stop, whether or not we are in the midst of a pandemic, the entire house of cards would come tumbling down and the financial elites cannot risk that.

Alternative assets that are scarce, limited and suffer from natural supply restraints such as precious metals, Bitcoin, high end art and collectibles are going to continue to adjust higher due to this historic influx in the supply of fiat money.

I strongly believe that 2021 is going to be an interesting year, that is going to shatter many previously set records.

Until then, stay safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Friday, November 27, 2020

Bitcoin Experiences Extreme Volatility as it Plummets Overnight

Over the course of the past month, many precious metals investors may not have been aware of the crazy, wild roller coaster of a ride that was occurring once again in the world of Bitcoin.

With all of the current events unfolding around the circus that was the Presidential election, you cannot be faulted, as much of the media attention has been fully and wholeheartedly invested in covering that event.

This is for good reason, as the ramifications of the 2020 U.S. Presidential elections are going to have a rippling effect across the entirety of the globe not just in the short term, but for years to come.

However, one market that has been on fire, skyrocketing to near all time highs is that of Bitcoin, which has had a completely stunning month of gains, well, at least until this week that is.

The Extreme Volatility of Bitcoin

In the early days of Bitcoin, of which I was an active member of, the Bitcoin community was truly a community that was dedicated in transacting in Bitcoin, spreading its message and the tremendous value that it offered as an alternative currency to the government issued fiat that we find ourselves living under.

However, as the years went by, the focus shifted rapidly from transacting in Bitcoin, from building businesses built around Bitcoin, to holding Bitcoin as a speculative play, HODLERS took over and it became all about increasing Bitcoin to higher highs. 

This is fine, even though it is very different from the vision that many had for Bitcoin within the community in those early days and unarguably, many have become fabulously wealthy by "investing" in Bitcoin.

Sadly, there are many more stories about those who came late to the Bitcoin party, jumping aboard the "hype" train and getting decimated in the process, as their emotions got the best of them, they invested everything they had into Bitcoin, only to then sell at much lower prices, as they could not stomach the extreme volatility that exist within the Crypto space.

For those with strong hands, who have dollar cost averaged into the Bitcoin world, they have fared much better, similar to those who have done so for years within the precious metals space, dollar cost averaging month after month, regardless of the highs or lows, mitigating their risks in the process.

 (Chart source, coindesk)

However, the volatility seen within the Bitcoin marketplace is unlike anything else we have seen.

At the start of November, less than 30 days ago, Bitcoin was trading within a range that saw it testing the $14,000 USD level, however not breaking through.

Yet, after the U.S. election results began to trickle in and as it became more and more transparent that Joe Biden would be the next President of the United States, the shackles on the price of Bitcoin were not only discarded, but catapulted towards the moon.

Speculators went ham wild, diving head first into Bitcoin once again, sending the price from $14,000 USD to near its all time 2017 high seen during the last Bitcoin mania. 

This resulted in a high of $19,374.84 USD per Bitcoin earlier in the week, before the Bitcoin bubble once again was popped, sending it crashing lower to $16,285.74 USD overnight!

How's that for volatility?

This is Not the End of Bitcoin

Just as I have said so many times before, this is far from the end of Bitcoin. It may be overbought, it may be in for a correction, as it has done countless times before, however, it is here to stay.

This is not a bad thing, as competition to the government controlled fiat currency monopoly is never a bad thing, however, for people thinking that Bitcoin can only and will only go higher, they are sadly mistaken.

Big money has clearly made it known that they are dabbling within the crypto markets and have the ability to rapidly send it higher, then dump it lower, profiting each time that they do so.

For those who cannot stomach the Bitcoin roller coaster ride, I would suggest that you stay as far as away as possibly, as your emotions can decimate you in a market such as this, causing you to both buy and sell at extremely inopportune times.

Yet, there are those out there that do believe Bitcoin is nothing but a pure speculative bubble, such as the highly regarded Peter Schiff, who has been a constant critic of Bitcoin as an asset;

Peter Schiff regularly spars with Bitcoin enthusiasts on his Twitter timeline, which makes for some rather comical reading, as both sides regularly consider themselves proven "correct" due to the extreme wild swings that are seen within the price of Bitcoin.

However, there is one point that I wholeheartedly agree on with Peter Schiff and that is the fact that Bitcoin is absolutely NOT a replacement for the safety that physical precious metals offer, even though there are many Bitcoin fan boys and girls who would argue that it is.

As previously mentioned, I would put Bitcoin much more in the camp of competing with traditional fiat currency, which I believe would be vastly superior if volatility eventually normalized and it was used primarily as a speculative vehicle.

In Conclusion

The volatility that we are seeing in the Bitcoin marketplace may be some of the most extreme that the world is witnessing at this time, but it is far from the only space that is suffering from wild gyrations and uncertainty.

The world is holding its breath in regards to so many issues at the moment and people are preparing to enter into 2021 with COVID-19 still hanging heavily over their heads.

Will the markets be able to adapt, will we be able to curb the spread and damage that COVID-19 is causing to the global economy?

What will become of the incredibly Divided States of America as we head into 2021, in which people appear to be more divided in their political views than ever before.

There is so much uncertainty, so much that is unknown, however one thing is certain and that is that volatility will be a continuing trend that will only grow from this moment out and be constantly present as we navigate our way through 2021.

Until then, stay safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Tuesday, November 24, 2020

Ron Paul: Dark Winter, Biden's Coming Lockdown

Former vice president Joe Biden has been declared president-elect by the mainstream media and he is wasting no time making good on his promise to lock the country down in the name of fighting Covid. 

His Covid task force member Dr. Michael Osterholm is recommending a four to six week mandatory national lockdown, paid for by a massive money-printing operation. 

Will doing the same thing again bring different results? Also today... here's how they are going to force you to take the Covid vaccine. 

- Source, Ron Paul

Sunday, November 22, 2020

Ron Paul: Class Warfare, Fed Counterfeiting & Lockdowns Hammer The Poor & Middle Class

The Fed’s counterfeiting of dollars hits the poor and those on fixed incomes like a sledgehammer. Inflation leads to there never being enough money at the end of the month. 

To make matters worse, unnecessary COVID lockdowns have slammed middle class small businesses, while crony politically-connected corporations made out like bandits. 

Free markets and sound money are desperately needed to return to an economic reality that has been lost on America since the Fed was founded in 1913.

- Source, Ron Paul

Friday, November 20, 2020

A Renewed Surge in COVID-19 Cases Rattles Investors

Just as the economy was beginning to find its feet and begin some form of recovery in earnest, the reality of 2020 has begun to sink in once again, with cases of COVID-19 rising rapidly across both North America and Europe.

Some of this increase has to do with better testing, some if it has to do with the significantly increased knowledge we have about the virus, however, a significant proportion of it has to do with complacency and people's desire to live their lives in as normal of a fashion as they possibly can in this upside down world.

Regardless of the why, the markets are reacting and they are suffering negatively because of it.

Markets Drop Across the Board

Renewed fears of an economic shutdown is what is scaring market participants the most, as it is appearing more and more likely that Joe Biden is going to become the next President of the United States, despite President Trump's continued fight in that arena.

Joe Biden and his closest allies have stated repeatedly that they are not taking a mass shutdown off the table and are indicating that it is a very likely possibility in their attempt to battle the spread of COVID-19 once he takes office.

Many people laugh at this notion, as they believe that it is simply too late to stop the spread of the virus and only a mass national vaccination program will help alleviate the problem, or simple herd immunity over time.

Yet, fears about people's willingness to take the first wave of vaccines is a real concern for the markets.

(Chart sources, google stocks)

These various concerns are what is causing the recent volatility in the markets, as speculation of what is coming next begins to run rampant in the minds of many investors.

Recent polling from across Canada has indicated that support for taking a COVID-19 vaccine is rising from recent levels, however, many are still anxious about taking what they believe to be a "hastily" approved vaccine.

Global News reports;

A new poll suggests the proportion of Canadians planning to get vaccinated for COVID-19 is on the rise after encouraging initial results from Pfizer’s vaccine trial.

Sixty-nine per cent of respondents said they plan to get inoculated against the novel coronavirus once Health Canada approves a vaccine that is broadly available and free, according to a survey by Leger and the Association for Canadian Studies.

The number is a jump from the 63 per cent who said they would take up such an offer one month ago, and a return to levels of vaccine enthusiasm reported in a similar poll in July.

Similar polling, carried out for Global News between October 23-26 by Ipsos, found that just 54 per cent of the Canadian public is willing to take a vaccine as soon as they can. Of that figure, only 22 per cent feel strongly about taking a vaccine right away.

What this means is that there is going to be heavy resistance by a large percentage of the population in taking the first round of COVID-19 vaccines, and despite what your personal beliefs may be surrounding this controversial topic, this has the markets and governments around the world rattled.

China Steams Ahead with Vaccinations

One country that is not waiting for global approval in regards to a standardized COVID-19 vaccine is China, who has to date vaccinated over 1 million citizens under the "emergency use" designation.

This vaccination campaign by the Chinese government is much higher than what Western officials previously believed and of which has been largely targeted towards troops and those in peace keeping positions according to government officials.

Joining the ranks of China, and unsurprisingly to many is Russia, who has also made recent news due to the fact that they have also begun to issue "still in clinical trial" doses of their COVID-19 vaccine.

Zero Hedge reports;

Russia and China are the only two countries actively working to develop a vaccine that have used emergency measures to vaccinate large swaths of their populations. Russian President Vladimir Putin even claimed earlier this year that one of his adult daughters had been inoculated in one of the early-stage trials for the vaccine developed by the Gamaleya Institute.

The rush to profit off of an effective COVID-19 is truly underway at this point, with countries such as Brazil already signing a contract to purchase the Chinese COVID-19 vaccine, while others such as Turkey are also entertaining the idea.

Meanwhile, in North America, both Pfizer, Moderna and other western corporations are signing deals with countries all around the world, as they claim to be close to having an effective COVID-19 vaccine.

In Conclusion

The markets remain rattled at the moment, fearing renewed, potential lockdowns, while also fearing the effectiveness and willingness of the public to take a newly released COVID-19 vaccine.

However, they need to fear not, as big daddy government is soon to be coming to the rescue once again, revving up the printing presses and issuing out stimulus checks galore, of that you can rest assured.

As previously stated, it mattered little who won the election if money printing was first and foremost on your mind, as both Donald Trump and Joe Biden plan to do just that.

In this scenario, both gold and silver bullion remain strong buys in my personal opinion, with dollar cost averaging being the continued preferred method of acquisition, riding out by the highs and the lows in stride.

2020 will remain a volatile year right until it closes its chapter, however, sanity will eventually be returned and a new normality will be resumed, yet with much uncertainty remaining as we head into 2021.

Until that time, stay safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Friday, November 13, 2020

The Election from Hell, the Political Hangover of the Century

Just as predicted, the 2020 Presidential Elections went off not with a whimper, but a monstrous, ear shattering blast.

This was easy to see for some, despite the fact that once again the Mainstream Media and the Polling industry were calling for a crushing, undisputable victory for Joe Biden. 

In which they stated he would run away with the night, easily leaving Republicans in the dust.

This clearly was not the case and was easy to predict, as Trump supporters were being horribly underrepresented in the polls, just as they were in 2016.

The result of this will be the complete and utter collapse of the polling industry as we know it, as they have now called both the 2016 and 2020 elections horribly wrong, causing irreparable damage to themselves and the psyche of the American public.

Mistrust in the System is at All Time Highs

A contested election was what I feared the most and I believe many people are shocked that America is currently in the undesirable position that it now finds itself in, in which it is not only going to suffer negatively from for the next few months, but in all likelihood, the next four years.

The reason for this is that mistrust in the political system is at an all time high. 

This has largely been caused by the allowance of mail in voting on a grand, unprecedented scale, of which as I previously stated many times over the past few months, was going to be an epic disaster.

The seeds of doubt have now been sown amongst roughly 50% of population, with so many States being so tightly contested and now "appearing" to swing favorably towards Joe Biden.

President Trump is fanning these flames of doubt, just as everyone expected him to, taking to twitter on a near hourly basis, ranting and raving about how "rigged' the election was.

Sadly, there are so many discrepancies and glaring examples of all around "funny business" that many are taking what he has to say quite seriously, both on the political left and right, as clearly many errors were made throughout the course of election night.

In all likelihood, Joe Biden is going to ultimately be declared the next President of the United States, however, not after many more months of fighting and legal actions from President Trump and his closest allies.

Throughout these next few months, the mistrust in the political system is only going to grow and only going to get worse in the minds of his most fervent, fierce supporters, as more and more examples of election meddling, fraud and mistakes are brought to light, regardless of whether or not they are enough to actually change the results of who is ultimately deemed the victor.

The Markets Are in For a Wild Ride

This extreme volatility initially caused both gold and silver bullion to spike higher in price, only then to fall lower as it became more clear that Joe Biden was likely to be deemed the victor, reducing uncertainty in the short term.

However, this is only in the short term, as it is looking more and more likely that months of unrest lay ahead, with the next step of this Presidential battle more than likely heading to the Supreme Court.

(Chart source,

If the results in which the MSM have declared Joe Biden the victor are overturned officially by the Supreme Court and Donald Trump is reelected via this avenue, then you are going to be looking at one of the most hostile and violent times in American history, with the radical left coming out in droves, burning, looting and causing destruction the likes of which have rarely been seen in mankind's history.

If the results are maintained, and the status quo declared by MSM is kept intact, then the political right will grumble, complain loudly and protest, but all around destruction and anarchy will be avoided.

To many, they are hoping for the latter result, regardless of how much "funny business" actually took place in the election, to others, they know that the long term longevity of the American political system is much more important than that, and would like the truth, no matter the cost or damage that it may cause in the short term.

Regardless, you can expect much more volatility and gyrations within both the precious metals markets and general stock markets as a whole in the coming days and months.

In Conclusion

Dark days lay ahead for America, as trust in the political process has been utterly shattered, with little to no faith remaining in the honesty of the system.

This is a dangerous path to be traveling down, as it is at this point that people begin to act irrationally and act out in erratic ways, believing that it is the only avenue they have left.

Regardless of who is ultimately deemed the President of the United States come 2021, the President is going to have an asterisk placed at the end of their name in the eyes of approximately 50% of the population.

Unrest, uncertainty and mistrust will be the trend for 2021 and possibly many more years.

Where this all ends is anyone's best guess.

Until then, stay safe and keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Wednesday, November 11, 2020

2021: Gold and Silver Break Out, Plus Banks Heading into Crisis

With foreign USD and bond holders waking up to the smell of a rotten dollar, Americans oblivious to the unfolding dollar crisis are likely to be the ones left holding the bag. 

Euro-Zone banks desperately maneuvering to hide a ghastly pileup of bad debts are poised on a knife’s edge, geared up to unstable multiples, and running out of time. 

Meanwhile gold, silver and cryptos are breaking out, and destined to bolt higher. Alasdair Macleod, head of research at Gold Money, returns to Liberty and Finance to update us on his latest analysis of these volatile times!

Sunday, November 8, 2020

Ron Paul: The Last Gold Rush Ever is About to Occur

New York Times bestselling author Charles Goyette joins today's Liberty Report to talk about his new book, "The Last Gold Rush…Ever!: 7 Reasons for the Runaway Gold Market and How You Can Profit from It," and about the coming big economic crash.

Monday, November 2, 2020

Jim Sinclair: Exploding Global Debt Means $100,000 Gold is Guaranteed

Financial writer Bill Holter and renowned gold and financial expert Jim Sinclair say exploding federal debt and massive defaults will send gold to the stratosphere. 

Holter does the astounding and yet simple math and explains, “The number is over $100,000 per ounce for gold now. 

If you take the 260 million ounces that we (U.S. Treasury) supposedly have and take the 260 million ounces and divide it into the current debt which is $27 trillion, it’s well over $100,000 per ounce now. 

In other words, if we had to back our debt in gold, the gold would have to be priced at over $100,000 per ounce.” Sinclair offers hope and a way out of the financial mess we face. 

It involves a Trump Win that will preserve the Constitution and the rule of law. If we can maintain the rule of law and the U.S. Constitution, America can and will recover, according to Holter and Sinclair. Let’s pray that happens.

- Source, USA Watchdog

Sunday, November 1, 2020

Election Outcome Prediction: Blue Or Red They Print More Money

Politics & media benefit from inflaming the masses. To escalate or de-escalate is a choice, not a consequence. Media: Don’t censor truth, give it to me & let me decide.

Friday, October 30, 2020

Rob Kirby: Voting for Bread Lines

Rob Kirby, proprietary analyst and founder of, returns to Liberty and Finance to declare that we have been witnessing a breakdown of the rule of law at every level, from some of our highest figurehead leaders and elite, to our financial markets, to orchestrated insurgencies in our cities and neighborhoods. 

From market regulators that turn a blind eye, to intelligence agencies that can’t seem to prosecute the big fish, to mayors ordering police to stand down as property and lives are being destroyed, Kirby says the US is sending the message that “Crime Pays.” 

He further connects the dots to loss in confidence in the US dollar, the loss of freedom of speech, and the loss of life, liberty, and the pursuit of property - for us, our children, and our grandchildren - unless we act with courage now.

Easy Money, Low Interest Rates to Last for Years

The COVID-19 pandemic has rocked the world and a historic amount of money printing has taken place all across the world.

This money has been dumped into the markets, given to individuals and used to help keep businesses afloat while the forced lockdowns were put into place, greatly reducing consumer spending in many parts of the world.

Many would argue that this money printing was required, others would disagree. Sadly hindsight is 2020 and we may never truly know what the repercussions of no lockdowns would have been.

However, there is one thing that is for certain in the coming days, months and years. 

The ramifications of our actions are far from over and the piper will be calling, the only question that remains is when?

Interest Rates to Remain at Historically Low Levels for Years to Come

Throughout the pandemic, most governments across the world lowered interest rates, a common tactic deployed by Central Bankers in a time of crisis, or economic recession.

However, rates were already low, as many countries never truly had a chance to raise them in the years following the 2008 economic collapse, knowing that if they did so, they would tank their economy once again and make them uncompetitive on the international markets.

Fast forward to 2020 and we have a new crisis, the likes of which the world has scarcely seen before and one in which rates were already at artificially depressed levels.

Many countries have taken to slashing their interest rates to near zero levels, or even negative rates, hoping that the ability to easily loan funds will help keep the economy churning along.

It is without a doubt, that the countries that were forced to lower rates following the 2008 collapse and now even more so following the COVID-19 pandemic, will not and cannot raise rates in the coming years, if not possibly even longer.

This belief has been confirmed today by the Bank of Canada, which has given banks the "low interest green light", at least until 2023.

As reported by the CBC;

"The Bank of Canada says it has no plans to change its benchmark interest rate until inflation gets back to two per cent and stays there, something it says isn't likely to happen until 2023.

The central bank said Wednesday it has decided to keep its benchmark interest rate steady at 0.25 per cent. The news was expected by economists, as although the economy is showing signs of recovering from the impact of COVID-19, things are still a long way from normal, so cheap lending will be needed for a long while yet."

The Bank of Canada knows what many other Central Bankers around the world know, that this economy is incredibly fragile and is going to suffer much more pain in the coming years, as irreparable damage has been done to many businesses over the course of 2020, some of which has not fully come to fruition.

In a recent statement, the Central Bank of Canada went into further detail, explaining their decision to keep rates at the historically low .25 percent level until at least 2023;

"With more than six months since the onset of the pandemic, the Bank has gained a better understanding of how containment measures and support programs affect the Canadian and global economies.

This, along with more information on medical developments related to COVID-19, allows the bank to now make a reasonable set of assumptions to underpin a base-case forecast."

The Central Bank of Canada, like many other government entities in the West, are highlighting the fact that a highly effective vaccine is still many years away and thus rolling lockdowns are likely to occur well into at least 2021, further damaging and hurting the economy.

Gold and Silver to Benefit from Money Printing and Low Interest Rates

Although gold and silver bullion have suffered from strong resistance in the past few months, after initially spiking much higher in the early days of the pandemic, I have little doubt that strong gains are yet to come.

(Chart source,

A low interest rate and easy money environment that is rife with geopolitical uncertainty will create a rock solid bedrock of fundamentals for the precious metals market for years to come.

When this historic amount of fiat money and debt creation inevitably makes its way into the broader markets and as things eventually return to a new "normal", we are going to see monstrous inflation.

The risks are simply just too great to hold anything fiat based in my personal opinion, and this is exactly why I believe you are seeing alternative investments, such as collectibles skyrocketing to new highs, as people continue to pile money into anything tangible. 

Dollar cost averaging into precious metals in the coming days is a safe, prudent play that is sure to help mitigate the risk that is coming our way.

In Conclusion

Central bankers, governments, and anyone else with their finger on the pulse of the markets knows that we stand on a knife's edge, with even the slight breeze risking to send the economy crashing down once again.

You can rest assured that we have not seen the last of the stimulus programs, the last of the easy money policies and the last of the bailouts.

The ramifications of this year's lockdowns are yet to fully come to light and much rot remains within the system.

Gold and silver bullion will help mitigate these risks, while offering handsome rewards to those who act before the true damage boils to the surface.

Until then, stay safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog

Saturday, October 24, 2020

Coronavirus & the Lasting Effect On Capitalism And The US Economy

Legendary investor Leon G. Cooperman, chairman and CEO of Omega Family Office, Inc., joins Real Vision managing editor Ed Harrison for a conversation about his career journey from Goldman Sachs to founding his hedge fund, Omega Advisors, and later converting it into a family office. 

Cooperman weighs in on the lasting impact the coronavirus pandemic will have on the U.S. economy and what this means for the future of capitalism. 

He shares his current market philosophy from investing in FAANG stocks to calling out the rise of retail investors and the "Robinhood market," and he opens up about diversifying his portfolio, his best trade tips, and what's ahead for the markets as the 2020 election nears.

Friday, October 23, 2020

The Polls Were Horribly Wrong in 2016, Are They Wrong Again?

Without a doubt, we are about to head into an incredibly difficult and turbulent period in mankind's history.

I am not trying to be hyperbolic, I am not trying to scare anyone, however, if you don't see what is coming in the next couple of weeks then to put it simply, you need to take your blinders off.

The 2020 U.S. Presidential Elections will take place on November 3rd, which is only eleven days away at the time of writing.

The outcome of this election is going to have a powerful impact on the most powerful and prosperous nation in the world, and thus the entirety of the global economy as a rippling effect.

Therefore, it comes as no surprise that market participants are scrambling to find any and every clue that they can find that would indicate whether Joe Biden, or President Trump is going to win come that night.

Turning to the polls once again, people are highlighting how Joe Biden is ahead significantly, but is this accurate? Can the polls be trusted?

The 2016 Elections Polls Were Horribly Wrong

Heading into the 2016 election night, Democratic voters were already jubilant and rejoicing wholeheartedly, as they knew without a doubt that Hillary Clinton was going to win, how could she possibly lose?

The reason for this assumption was the non-stop cheerleading from the vast majority of the Mainstream Media, of which was largely endorsing the Hillary Clinton campaign, rooting for her to win and thus providing overwhelming positive coverage.

In addition to this, the near entirety of the polling industry was not just predicating that Hillary Clinton would win the 2016 Presidential Election, but would win in a complete and utter landslide, reinforcing what many Democratic voters already believed was a foregone conclusion.

Almost any poll that you looked at gave Hillary Clinton a 90% plus chance of winning, with some even going as high as 98%! Boy were they wrong.

Meanwhile, in a series of articles that I wrote leading up to that time period, I was ringing the alarm bell, highlighting how the sample sizes for many polls were horribly out of whack and did not make sense from a logical standpoint once dug deeper into.

These biased sample sizes and the fact that many Trump voters were shamed by the MSM into not stating who they were going to vote for, led to the results that we got on election night, which saw a newly elected Donald Trump take office.

This sent a shock wave through Democratic supporters and the polling industry at large, as they had to face the hard facts that they got it so wrong.

There were indeed many eggs on many faces as the sun set on November 8th 2016.

The Polls Are Likely Wrong Again and Are Drastically Underestimating Trump

Knowing what people know now, and how horribly out of touch the pollsters were in 2016, how could anyone trust the polling industry this time around?

Although somewhat scared, battered and bruised, it is without a doubt that many people, in fact a large majority of people still do.

Constantly you are hearing polling numbers bandied about on the Mainstream Media once again, being quoted and taken as concrete evidence that Joe Biden is going to win come November 3rd.

(Chart source, Fiverthirtyeight)

Currently, Bidden has a stunning 87% chance to win according to one major polling aggregate.

But will he?

I believe that after four years of President Trump in office, the MSM and much of the political establishment has only hardened in their hatred and resolve to see Trump taken out of office.

This means that they have a hard bias and motivation to see him lose and thus a willingness to take the polls at face value once again, just as they mistakenly did in 2016.

This is a dangerous path to be traveling down if they truly do wish to see him removed from office, as wholeheartedly trusting in the pollsters is a recipe for disaster.

The fact of the matter is, to get voters motivated they need to believe that they NEED to get out, wait in those long lines and actually vote. They need to mail that ballot in, fill it out properly so it does not get disqualified (a common occurrence for mail in voting ballots).

That sad reality is that many people are unmotivated, or simply don't care that much about politics, even if they state they are voting for Joe Biden, they may not carve the time out of their day to put in the effort to head out and actually cast their ballot, under the assumption that he is going to win anyway.

Why bother right?

Trump Supporters Are Very Motivated, But Very Hidden

On the other hand, you have Republican supporters who are constantly barraged by how evil and corrupt President Trump is by the MSM, much to the opposite of how they view the President and thus to what they believe.

They have borne witness to countless “we’ve got him this time stories” over the past four years, all of which have ended in frustration for Democratic supporters.

Crying “wolf” at this point is nearly meaningless and people now just shrug and roll their eyes, regardless of how serious the claim is.

This overwhelming negative coverage has led to mistrust and a general unwillingness to believe in what the MSM is putting out.

Additionally, President Trump has engaged in a four year smear campaign against much of the major broadcasting networks, with the most notable being CNN, who he has labelled outright “fake news”.

Trump supporters have had the moral authority taken away from them by the MSM, in a large percentage of people's eyes, to state who they are going to vote for and who they support.

There have been many stories about how people have been cancelled, ostracized and outright fired for posting "pro Trump" messages on their personal social media accounts.

This is once again playing out just as it did in 2016 and is resulting in the appearance of a much lower than is actually there support level in polling numbers for the President.

Much of President Trump's base feels like their opinions are not being heard and are thus oppressed, which will result in a very strong, highly motivated voter turnout, just as it did last time.

In Conclusion

If President Trump wins once again come November 3rd, I believe that this will be the end for the polling industry. They will be shattered and broken and deemed untrustworthy by many.

The times are changing and so too do their methods of capturing people's opinions. We live in dynamic, fast changing times.

However, regardless of who wins, I stand by my opinion that turbulent times lay ahead, as neither side is going to willingly accept the results this time around.

Gold and silver bullion are going to move higher first due to uncertainty, then later as the printing presses are once again revved into high gear and additionally COVID-19 stimulus packages are passed

Until then, stay safe and as always, keep stacking.

- Source, Nathan McDonald via the Sprott Money Blog