Monday, July 30, 2018

The Illusion Will Continue To The End, Then It's Game Over...


Iran is preparing to create their own cryptocurrency to get around the sanctions. The US sanctions will no long work if countries use a different currency system and other countries accept it. 

The central bank is pushing a 2nd BREXIT vote so they can manipulate and show to the world that the UK people don't want to leave. Housing is declining in Australia and many homeowners are in mortgage prison. 

The GDP number that the BEA reported on are completely made up, this is part of the illusion to make everyone think the economy is doing great but the MSM is now pushing the idea that the economy is not doing well.

- Source, X22 Report


Sunday, July 29, 2018

Why This Commodity Is Recession Proof


Energy consumption, particularly natural gas, is more of a consumer staple than discretionary item, and is thus less likely to be affected by an economic downturn, said Richard Cottee, CEO of Central Petroleum. 

“The one thing that’s interesting about recessions, is that it doesn’t actually change your energy consumption,” Cottee told Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference.

- Source, Kitco News


Saturday, July 28, 2018

The EU Abandons the Resistance, as Trade Wars Continue to Rage Around the World


Amidst all the chaos, all the noise and all the nonsense, stocks are surging.

The reason is simple, a little light has found its way through the clouds as a heavy finger was lifted off the ongoing trade wars battle, resulting in a short term sigh of relief.

It seems that with each passing week, the world descends further and further into isolation, as President Trump takes a strong armed approach in trade talks, issuing tariffs and hammering down on trading partners.

This should come as no surprise to anyone that has been following the news, or even the 2016 elections, as this is exactly what he said he would do.

What is surprisingly, however, is that he is actually doing what he said. A rare occurrence for any politician. Whether or not you agree with these actions, is purely in the eye of the beholder and widely disputed.

Over the past few months, we have seen tariffs imposed on China, Canada, the European Union and various other countries, all in the hopes of securing better trade deals for the United States, which in President Trumps opinion, has been getting the raw end of a deal for far too long.

I am not entirely sure about this, however, he is once again bewildering his critics as he deploys the art of the delay. Making irrational demands and over asking, a common tactic of his, and one that still eludes many, despite it being plainly written in his book.

This has once again worked, this time with the EU, as he threatened earlier in the week to impose a massive 25% tariff on foreign car imports, an action that would of crippled many sectors of the auto sector around the world.

If it was anyone else, the EU would of simply laughed this threat off, however, given the completely unpredictable nature of President Trump, this move sent them scrambling, hoping to avoid a disaster.

Concessions were made as European Commission President Jean-Claude Juncker worked to reach a resolution and agreed to many of the terms laid out by the President, while gaining a few wins of his own along the way.

In a joint press conference, he had the following to say;

"We agree today, first of all, to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods."

With the EU showing this sign of weakness and curtailing its "resistance" talk, you can expect other countries, such as China, and Canada to begin to second guess their own actions and possibly make concessions as well, however that is not today.

The reality is that the United States is still the economic engine of the world and Trump knows this, he knows that he wields a massive trade hammer, that has the ability to send any country into a deep recession. Something that any world leader hopes to avoid.

Still, this does not come without ramifications, as these moves are costing the United States and hurting domestic businesses in the short term, especially those located in the agriculture space.

Hoping to curtail some of this pain, President Trump is planning a "bail-out" for farmers in the tune of roughly $12 billion dollars. Hoping to alleviate some of the pain, until this storm passes.

Meanwhile, China has also announced another stimulus of their own, escalating this "game of chicken", as both countries fire shots back and forth.

These trade wars have the potential to rapidly descend into a full blown currency war, as countries print money out of thin air, hoping to mitigate some of the damage being done. 

Damages that could have long term and dire consequences as these trade wars ebb and flow, around the world, with no clear sign of an end in sight.

- Source, as first seen on the Sprott Money Blog

Friday, July 27, 2018

Trump, Banks, and the Endgame for Gold


Kirby updates us on Trump's unfolding impacts on our domestic and global financial standing, what's next for the stock market and its deep support forces, how precarious (or not) the global banking edifice is at this time, and what lies in store for gold vs. what we've been taught to call "money." Quintessential Rob Kirby wit and wisdom. Not to be missed!



Thursday, July 26, 2018

The Most Massive Scandal in US History is Boiling Over


Either Trump is compromised or a large chunk of the government is complicit in claiming so in order to usurp a duly elected president. Neither situation is particularly great...

- Source, Styxhexxenhammer



Wednesday, July 25, 2018

Trump's Fed and Dollar Comments Stopped Gold's Fall?


Last week Donald Trump broke the theoretical "Chinese Wall" that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed's current policy to continue raising interest rates. 

Though, it's really more like "nudging" rates up at a snail's pace. Gold shot-up in price immediately after Trump's ill-advised comments recorded on CNBC it the tape, more than offsetting a vicious sell-off in the gold price that occurred in the paper derivative gold markets in London and New York. 

The Office of Management and Budget further revised higher its Federal spending deficit forecast for FY 2018. The original forecast was under $500 billion. The latest forecast is nearly $900 billion. Without a doubt, we believe the spending deficit will top $1 trillion this year.




Monday, July 23, 2018

Egon von Greyerz: All Hell Will Break Loose With Record Risk


Financial and precious metals expert Egon von Greyerz (EvG) vaults gold for clients at two secret locations on two continents. EvG is sounding the alarm about record breaking global risk and warns, “With this risk, people have to take insurance. This business is not a business, it is a passion, and I have a passion to help the few people that see the risks.

I think your best wealth preservation will be gold.” In closing, EvG says, “At some point, all hell will break loose. There is no question about it. It could be something very serious coming this autumn. 
The whole political system is fighting against Trump, and that is going to be tough, very tough. 

The markets are giving me the signal that things are going to turn in the autumn, and you can easily find a number of catalysts for this to happen.”

- Source, USA Watchdog

Sunday, July 22, 2018

The Longest Bull Market: A Bridge Too Far?


​Stocks are extended as long as ever in history, and were seeing mixed signals that the powers that be are determined to keep the party going, while internal indicators reveal the party may be about to end abruptly...

- Source, Reluctant Preppers


Saturday, July 21, 2018

The MSM Wants War With Russia? A Dangerous Narrative is Born


Make love not war.

This used to be the slogan of the left, and for many, who still consider themselves classical liberals, traditional liberals, this is still the case.

However the times they are a changing and as I have pointed out in numerous recent articles, not for the better, but for the worse.

Insanity has taken hold of the West, as a percentage of the population continues to descend further and further into madness, madness that is being rammed down our throats by the MSM, of which throughout the course of this article, you will see is clearly the case.

The hub hub this week that has the far left and parts of the right, up in arms is his recent, first time meeting with the Russian President Vladimir Putin, in Helsinki Finland.

Trump made a number of critical and crucial errors in the way he spoke, that inflamed both sides of the political isle, in which he contradicted assessments from his own intelligence community.

This shocked many, as it appeared that he was turning against his own agencies and siding with the Russian President. Although ill placed and honestly moronic in timing, his statements weren't entirely false, nor incorrect. As, to this day, it is still unknown as to what extent the Russian government interfered in the 2016 elections.

What has been disclosed by the Intelligence community, is that Russia did purchase 3,500 Facebook ads, which were designed in nature to promote Donald Trump.

However, what we also learned during their assessment, is that they were also promoting Bernie Sanders and Jill Stein during their primary campaign against Hillary Clinton. 

Or how about the fact that the DNC was actively working against Bernie Sanders themselves, supplanting him and manipulating the results to see Hillary win the primary? Of which is a much more blatant and clear example of manipulation.

This Russian interference, in reality is a drop in the bucket, and for anyone who has ever run a Facebook ad campaign, which includes myself, you will know that this is absolutely nothing and does not have the ability to swing a Nationwide election in anyway, shape or form.

Another fact that needs to be taken into consideration is that Russia is not the only one who engages in these actions. To think for a moment that the United States does not also attempt to swing foreign elections in their favor, or promote key candidates over others is ludicrous. In fact, I would be stunned if this was not common practice.

What is shocking however, is the over reaction from the left, to Trumps blunder of a meeting President Putin.

Taking to the airwaves and social media, key, high ranking members of the MSM began to push the narrative that Trumps statements were "treason" and Russia's actions were an "act of war".

This "act of war" narrative was quickly pushed ahead by various outlets, as they began to quickly compare it to a modern day "Pearl Harbor" event. A truly stunning and disgusting statement, and an insult to the 2,403 Americans who lost their lives on that day.

CBS News Senior National Security Analyst Frances Townsend sent out the following tweet;

"Russia Putin’s Attack on the U.S. Is Our Pearl Harbor. It was an Act of War and we should recognize it as such."

While Politico had the following to say;

"Members of the House and Senate have been briefed, but remain deadlocked in partisan bickering. Some in the House have spent more time investigating the investigators than they have in trying to hold Russia accountable. Trump’s suggestion to accept Russian investigators into this process adds a new layer to the sideshow. When right of the boom feels like left of the boom, it’s easy to miss the fact that what the Kremlin did—is doing—was, and is, an act of war."

This kind of talk is irrational, delusional and frankly, dangerous.

The MSM have completely lost all sense of personal responsibility in their pursuit of pushing their personal agenda and getting the next click bait story out into the airwaves.

Sensible people are taking notice, they are seeing this dangerous talk for what it is, and they are getting fed up with the actions of the MSM and their ilk, which is exactly why more and more people are tuning out and turning off their television sets, seeking alternative news sources.

Beginning a war with Russia, the second largest military power in the world, whom possesses a vast array of nuclear weapons, would be disastrous and catastrophic to say the least. Going to war with said power, over 3,500 Facebook ads, would be stupidity incarnate.

As I have been saying for years, turn off the tabloid, dying, dinosaur, click baiting MSM and think for yourself. 

Rational thoughts and reason are sorely needed, and we need as many people as we can to snap out of this tribal insanity we have descended into, before the madness creeps too deep and corrupts the very foundation of the West, that so many before us have fought and died to maintain.

- As first seen on the Sprott Money Blog

Friday, July 20, 2018

Michael Pento: Gold Big Beneficiary in Coming October Market Crash


Money manager Michael Pento predicts, "The U.S. is not an island. The U.S. is not going to have 4% GDP growth while the rest of the world implodes.

I look at the data, and data says this is the most dangerous market ever. This is the most precarious GDP on a global basis that we have ever had. Global central banks have never before printed $12 trillion.

We have never before had that happen, and the reason why they did it is to take sovereign debt into zero and negative territory so we can go on this inflation quest so asset prices don’t implode. That is all turned on its head. 

They have reached their inflation and it’s starting to unwind, and this whole thing is going to collapse. I have put a check on the calendar for October."

- Source, USA Watchdog



Wednesday, July 18, 2018

Kevin Shipp: Indictments Are Coming for Hillary and Co-Conspirators


How did Hillary Clinton get away with obvious crime with her unprotected server and the shady Uranium One deal? Shipp says, “The most bizarre thing is the people who protected her from clear felonious activity and violations of the Espionage Act. 

James Clapper, Director of National Intelligence, was protecting her and leaking things to the media and lying. You had John Brennan, Director of the CIA, protecting her by starting a false investigation (on Trump) and stirring things up with this (false/unverified) dossier. You had James Comey, Director of the FBI, protecting her.

Then, you’ve got Peter Strzok protecting her, and now it appears the United Kingdom GCHQ was using NSA information to target Donald Trump and protect Hillary Clinton. 

You have to ask yourself what kind of power or connections does this woman have to get all of these members of the Deep State, Shadow Government to risk their own criminal penalties to protect her and try to get her elected? That is the Shadow Government. That is the Deep State. That is what is so chilling about this whole thing.

This is deep. This is dark. This is as dark as it gets, and this is the biggest espionage case involving government officials in the history of this country.” Shipp also points out that, this time, it will not be business as usual for the “Deep State and Shadow Government.” 

They are going to be brought to justice because Shipp says, “indictments are coming because of Donald Trump coming into the White House from the outside. Trump cannot be bribed.”

- Source, USA Watchdog

Monday, July 16, 2018

Gregory Mannarino: There is Massive Sell Off Potential Here


When rates start to go up, look out below. Mannarino explains, “You are going to have central banks do whatever they can to attempt to stop the bleeding. That means they are going to be the buyer of last resort. 

They will get in there and try to buy everything, and that will melt the currency. As rates spike, what will that do? You are going to see a lot of pressure on the stock market. The only reason why the stock market is where it is today is rates are low. You will get an opposite effect. 

So, you have massive sell-off potential here, and I mean massive in the bond market followed by a massive sell-off in the stock market.” Mannarino expects war to come into play. Trader/analyst Gregory Mannarino predicts, “This is going to lead to another world war. 

I have said this many times, and that is this has the potential to be Biblical. It will be a worldwide event or a correction to fair value is really what it is. We might be seeing the opening salvos already. Governments around the world are building up their militaries just like the U.S.

We are unfortunately going to clear this out and lose a large percent of the world population through this financial correction and war. We will rebuild, but the world will not be what we are seeing now.”

- Source, USA Watchdog

Saturday, July 14, 2018

The Foundation of the West is Rocked as Tribalism Becomes Normality

In our modern digital age, news comes at you fast. Never before has the spread of information traveled so quickly in history, never before has social media been so influential and never before have problems been exacerbated so rapidly.

The West is in turmoil and chaos continues to seep into the very fibers of the institutions that the global elites have built up over the last century, institutions that are now finding themselves under assault.

Anyone who is paying attention, or reading my series of articles, knows that there is a massive shift occurring in the zeitgeist of the West, a shift that only occurs once in a lifetime, or possibly not at all.

We truly do live in interesting times, but they are dangerous too. The risk of structural collapse in many of our political systems is at all time highs, with citizens all across the West demanding change from their leaders.

Rapidly, people are descending into "tribes", as they become consumed with self-reassuring, confirmation bias assuaging articles, written by their fellow "tribe" members. 

Whether this comes from the "radical left", or the "alt right", it doesn't matter. What does is the damage that it is doing to our systems, and the risk that they now pose to the dwindling minority of sane centralist.

We are seeing this change unfold in front of our very eyes, and scarcely does a day go by where we don't read about another "crisis", or situation that threatens the very fabric of our society.

Within the past week alone, depending on which "tribe" you belogn to, there have been numerous victories, or catastrophes develop in rapid succession.

President Trump has scored another major victory in the name of conservatives within the United States, as last night he announced the nomination of his second Supreme Court pick, Judge Brett Kavanaugh, after Justice Anthony Kennedy announced his retirement just a few week's ago.

Displaying true tribalism, far left protest groups planned protests to Trumps nomination well in advance, despite not knowing who the pick would be, or what their past track record was. Essentially causing them to create a series of talking points that they could pick from and fill in the blanks.

Proof of their willingness to protest whoever Trump picked was displayed via photos taken at last nights event, where multiple signs, displaying various names were printed;


(Source, Jack Posobiecus, via Twitter)

Obviously, this is a completely irrational way of pushing your ideology and severely discredits your movement. Regardless of this, the protests continued onward anyway, with the MSM closely covering the event and of course, refuses to point out key factual points, something that they have become increasingly efficient at as they descend into tabloid status.

As much as this news is making waves on this side of the "pond", on the other side of the Atlantic Ocean, things are even more dire.

Theresa May has found herself on the end of a full blown mutiny within her party, as she continues to lose the support of her peers and the public at large.

This has been a rapid descent, as many within the British public have begun to openly criticize her for her role within the BREXIT negotiations.

She has taken a very soft approach in regards to negotiations, an approach that has left the UK at the mercy of the European Union, as she continues to relent to their ever increasing demands.

This however is not going to continue on, a massive shift is occurring, as numerous key members of her party have signed their resignation letters, including Boris Johnson, whom many would like to see as the next Prime Minister.

I predict that ultimately, this is going to result in Theresa May stepping down herself, even as she continues to plead for unity within her party.

These two stories alone would be massive news, but the fact that they are occurring within a week of each other just goes to show how quickly the times are accelerating and just how unstable the current systems within the West are.

Madness is seemingly all around us, much of which is made that much worse by the MSM, who blows every small detail out of proportion, and recklessly, selectively reports on only the facts that help push their narratives.

Truly, this is one of the most unstable time periods within modern history, and one that could see a cascading chain of events unfold at any moments notice. Be prepared, be alert, be a part of the solution, spread the truth.

- Source, As First Seen on the Sprott Money Blog

Friday, July 13, 2018

Daniel Lacalle on Why Central Banks are Trapped


Daniel Lacalle joins Jeff Deist to discuss how and why central banks are trapped, stuck with ultra-low interest rates and expansionary policies that produce astonishingly little real growth. 

This is a hard-hitting and sober look at what rising interest rates will mean, why academics and bankers are so clueless about the monetary side of financial markets, and why Austrians need to offer real-world solutions instead of ideology.

- Source, Mises Media