Wednesday, July 31, 2019
Huawei Wins - Trump Loses !!
Huawei's sales soar 23 per cent despite US crackdown as chairman claims the pressure on the company has 'helped them'. China proves to be almost self sufficient in the tech industry. This failed ban gave China a forced quantum leap into the lead. Mister Trump you kind of pushed Huawei to develop their own technologies and not rely on US products. they have already started. You Should not have started this war with them in the first place then they would have kept buying US products... would have been a win win but now it’s just US lost . America now finds out that it needs China more than China needs America . Huawei's sales grew by double digits in the first half of this year and its chairman said Washington's campaign against the Chinese tech giant has 'galvanized our people.' Clearly Europe is not going to buckle to US demands. Huawei confirmed Tuesday that it has also signed 42 5G contracts, including 25 in Europe, 10 in the Middle East and six in Asia. Even Israel is now inviting Huawei to tender for its 5G. Saudi Arabia is getting Huawei to build its 5G infrastructure. The only nation that is officially banning Huawei apart from the US, is Australia.. This is not complicated. The winner of 5G will control the world's telecommunications in the future. 5G is so far superior to 4G and that's why the US is freaked out that after 20+ years of technology transfer, theft and incredible investment the Chinese have actually developed a lead in 5G technology. Talk about information wars. Everything China is doing is to bypass American hegemony in every sector. Americas plan is to undermine and choke them out in time before they succeed. Huawei is better than its US counterparts and that is why the US feels the need to try and stop Huawei from entering the US market. Huawei will eventually come up with its own chips and Operating System . Huawei will continue replacing US components and services with other alternatives no matter how long the effort will take. Huawei and every non American companies now will consider using American components and services a high risk. America and Trump are the loser of the trade war which they themselves started. The US has definitely lost the trade war with China and now is trying to incite a color revolution in Hong Kong.
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Why More Countries are Dumping the US Dollar ? Dollar Death !!
Many foreign countries have decreased their demand for US government debt. Even China, which holds more US debt than any other country, has lowered its US Treasury debt from 14 percent to 7 percent. There is little chance that China will dump all of its US debt at once. If it did, the US dollar would collapse overnight and severely affect international trade. Still, there appears to be a trend. India on its side switched to ruble payments on supplies of Russian S-400 air-defense systems as a result of US economic penalties introduced against Moscow. The country also had to switch to the rupee in purchases of Iranian crude after Washington reinstituted sanctions against Tehran. In December, India and the United Arab Emirates sealed a currency-swap agreement to boost trade and investment without the involvement of a third currency. Taking into account that India is the third-largest country by purchasing power parity, steps of this kind could considerably diminish the role of the greenback in global trading. Iran has completely banned trade in the US dollar. The EU has no option, then to trade with Iran in the Euro or petro-Yuan. Turkey and Especially Russia are all dumping the US Dollar . China today is the world's leading economy despite the protestations and biased analysis from western economists... plus couple the burgeoning trade with EU and countries on the Belt and Road using Yuan, Euros and Barter . Like an avalanche once the momentum gathers things happen quickly.The transition away from the dollar will likely be a lot faster than we could predict. Even fairly limited losses in the greenback's global market share will seriously constrain Washington's ability to finance its trade deficits and global military empire. Once that power structure starts crumbling,And it will happen fast. The situation reminds me of Hemmingway's 1926 novel : "How did you go bankrupt?" . "First gradually, then suddenly." Well the same applies to Uncle Sam. the conclusion is evident: the Greenback is DEAD, let alone if it steeped in debt as it is. It's a "Cliffside Moment", one unexpected ,unforseen , black swan moment will nudge the greenback over the precipice..., and get out of the way when this occurs . Every empire in the history of the world has eventually fallen. And always for the same reason - debasement of the currency. The same is happening to the U.S. and USD. The US Dollar is pure toilet paper, Backed by nothing, Run by a corrupt private group called the Federal reserve. The USA is in irreversible terminal decline. It has already passed the edge of the cliff. It’s only a matter of time before it is stripped of its reserve currency status! Global reserve status doesn’t and will not last for ever .
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BANK RUNS : Cash Out Now - Negative Interest Rates are becoming The New Normal !!
According to investopia : Interest rates are typically assumed to be the price paid to borrow money. For example, an annualized 2% interest rate on a $100 loan means that the borrower must repay the initial loan amount plus an additional $2 after one full year. On the other hand, a -2% interest rate means the bank pays the borrower $2 after a year of using the $100 loan, which is counterintuitive. While negative interest rates are a strong incentive to borrow, it is difficult to understand why a lender would be willing to provide funds considering the lender is the one taking the risk of a loan default. While seemingly inconceivable, there may be times when central banks run out of policy options to stimulate the economy and turn to the desperate measure of negative interest rates. Negative interest rates are an unconventional monetary policy tool. They were first deployed by Sweden's central bank in July 2009 when the bank cut its overnight deposit rate to -0.25%. The European Central Bank (ECB) followed in June 2014 when it lowered its deposit rate to -0.1%. Other European countries and Japan have since chosen negative interest rates resulting in $9.5 trillion worth of government debt carrying negative yields in 2017, according to Fitch. Negative interest rates are a drastic measure that shows that policymakers are afraid that Europe is at risk of falling into a deflationary spiral. In harsh economic times, people and businesses tend to hold on to their cash while they wait for the economy to improve. But this behavior can weaken the economy further, as a lack of spending causes further job losses, lowers profits, and reinforces people’s fears, giving them even more incentive to hoard. While negative interest rates may seem paradoxical, this apparent intuition has not prevented a number of European central banks from adopting them. This is evidence of the dire situation that policymakers believe is characteristic of the European economy. When the Eurozone inflation rate dropped into deflationary territory at -0.6% in February 2015, European policymakers promised to do whatever it took to avoid a deflationary spiral. However, even as Europe entered unchartered monetary territory, a number of analysts warned that negative interest rate policies could have severe unintended consequences, End of Quote . Last month the Swiss National Bank said it would hold the negative rate it charges on commercial banks’ deposits at -0.75%, while the ECB deposit rate is -0.4%, but is widely expected to drop by another 10 to 20 Basis points, which in turn will prompt even more negative rates in Switzerland. In a note to clients last month, UBS forecast that the SNB would lower its rate on deposits to -1% in September, approaching dangerously close to the infamous "reversal rate", below which accomodative monetary policy reverse and once again becomes contractionary for lending, the true lower bound of Negative Interest Rate Policy . UBS announced recently that it will Start Charging Rich Clients With Negative 0.75% Interest Rate . The UBS announcement comes on the same day as Credit Suisse, UBS’s main rival, said it was also thinking about imposing a negative deposit rate on their wealthy clients . The Banks now are practically charging you money for you to loan them your money . Funny how financial engineering always turns everything upside down but the purveyors of this mess continue to think they are doing a good job. Everybody, and I really mean Everybody, should get their money out of the banks and stuff it in safes and mattresses, Investing a little in Gold and Silver is another option. Investing in Stocks ,bonds ,or real estate is in the moment not the best idea due to the stretched valuations. Right now equities across the world are inflated, as is housing in nearly all markets. If anyone thinks this debt is going to be paid, they are dreaming. People should rather hold gold which yields zero, than fiat in the bank with a negative yield. The whole bloody mess is melting down. Paper money will prove to be worthless when the elite thinks all are in. And this can only lead to a run on the banks. Negative interest rates are becoming the new normal , and this is Coming to a US bank near you. Time to cash out.
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Secret texts reveal UK role in Russiagate – report
The Guardian reported that UK intelligence may have played a role in the Russiagate investigation. This report is based on alleged text exchanges between officials at the FBI and MI5. Former UK MP George Galloway unpacks the latest.
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Peter Schiff believes #Trump will Lose the 2020 Elections . This is Why ?!
In a recent Kitco news appearance , Peter Schiff says he thinks Donald Trump won't win a second term : I think Trump will likely to lose the next election because I think the economy will easily be in recession by the times voters go to the polls he explained , we have a trade deficit not because of the Chinese but because we destroyed our economy . We have built a gigantic bubble based of cheap money , so we have a service sector economy that requires imports , we have to basically import the products that we do not produce and we have to borrow the money to pay for them .So we run these huge imbalances , huge trade deficit , big turn account deficits . And we have an economy that's completely unsustainable , we live beyond our means . And The Trade deficit tariffs or treaties will not get to the root cause of these imbalances , which is that Americans do not save enough and they do not produce enough , and that's because central banks keep interest rates artificially low , and we are about to lower the rates again . This is the first step on the road back to zero .We are going back to quantitative easing , we are going to repeat the mistakes that gave us the 2008 financial crisis , that gave us the Dot Com bubble . except this time we already got much bigger bubble than these two combined . This next crisis is going to be far worse , it is going to be an inflationary collapse , and instead of gold stopping at 1900 like it did in 2011 , it just will keep on going . I think there is no stopping gold , which is why people should be buying it now .Trump knows as he knew before he was elected that we are living in a phony recovery created by statisticians .Now Trump is the system , he did not drain the swamp , he is now the leader of the swamp .The Swamp now is much deeper as result of trump .So this time we are not going to have that protest vote that got him elected like before . Trump is losing on all polls now . Trump barely won the vote in the swing states last time , and I think a recession will be enough to kick the pendulum far enough to the left to put a socialist in the white house , This is the real risk this time .The Democratic party want somebody horrible unlike Biden which is probably the less bad of all democratic candidates , but they are all horrible and this is what the masses might turn to and vote for because they see their standard of living getting worse not better , the cost of life getting higher and Trump promising more of the same . The way the public turned to trump in 2016 they might turn to socialism in 2020 .
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Peter Schiff - This is whyTrump Won’t Win the Next Election
Donald Trump is unlikely to win the next election if a recession were to hit by 2020, said Peter Schiff, CEO of Euro Pacific Capital. “I think that Trump is likely to lose the next election because I think the U.S. economy can easily be in recession,” Schiff told Kitco News.
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Tuesday, July 30, 2019
JP Morgan in a secret Report Warns its Elite Clients to Sell USD and Buy Gold
Max Keiser and Stacy Hurbert recently discussed how JP Morgan in a secret report is telling only their elite clients that the dollar is unlikely to remain the global reserve currency.The report was only meant for their private wealthy clients , people worth more than twenty million dollars.This is what they are telling their elite clients while going into the press in the US and telling the ordinary american , do not worry everything is great. JP Morgan’s recent report for their private wealth clients, asking: “Is the dollar’s ‘exorbitant privilege’ coming to an end?” The bank makes the case that the rise of China will dent this privilege. They present data that demonstrates China had, for thousands of years, a major share of world trade until its encounter with the then narco-state of Great Britain in the mid 1800s when the UK and the East India Company used military force to impose opium on the population. China’s military defeat sank the country into rapid economic decline from which they are only now emerging. JP Morgan recommends reducing client exposure to the dollar and increasing exposure to gold and Chinese renminbi. The report goes on saying : The U.S. dollar could lose its status as the world’s dominant currency. How does this affect investors?. The US dollar has been the world’s dominant reserve currency for almost a century. As such, many investors today, even outside the United States, have built and become comfortable with sizable US Dollar overweights in their portfolios. However, we believe the dollar could lose its status as the world’s dominant currency (which could see it depreciate over the medium term) due to structural reasons as well as cyclical impediments. As such, diversifying dollar exposure by placing a higher weighting on other currencies in developed markets and in Asia, as well as precious metals makes sense today. This diversification can be achieved with a strategy that maintains the underlying assets in an investment portfolio, but changes the mix of currencies within that portfolio. This is a completely bespoke approach that can be customized to meet the unique needs of individual clients. It is commonly perceived that the U.S. dollar overtook the Great British Pound as the world’s international reserve currency with the signing of the Bretton Woods Agreements after World War II. The reality is that sterling’s value was eroded for many decades prior to Bretton Woods. The dollar’s rise to international prominence was fueled by the establishment of the Federal Reserve System a little over a century ago and U.S. economic emergence after World War I. The Federal Reserve System aided in the establishment of more mature capital markets and a nationally coordinated monetary policy, two important pillars of reserve-currency countries. Being the world’s unit of account has given the United States what former French Finance Minister Valery d’Estaing called an “exorbitant privilege” by being able to purchase imports and issue debt in its own currency and run persistent deficits seemingly without consequence. There is nothing to suggest that the dollar dominance should remain in perpetuity. In fact, the dominant international currency has changed many times throughout history going back thousands of years as the world’s economic center has shifted. After the end of World War II, the U.S. accounted for biggest share of world GDP at more than 25%. This number is brought to more than 40% when we include Western European powers. Since then, the main driver of economic growth has shifted eastwards towards Asia at the expense of the U.S. and the West. China is at the epicenter of this recent economic shift driven by the country’s strong growth and commitment to domestic reforms. Over the last 70 years, China has quadrupled its share of global GDP to around 20%—roughly the same share as the U.S. and this share is expected to continue to grow in the years ahead. China is no longer just a manufacturer of low cost goods as a growing share of corporate earnings is coming from “high value add” sectors like technology. End of Quote .
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Sex, Lies and Julian Assange (2012) | Four Corners
When Julian Assange arrived in Sweden in August 2010 he was greeted like a conquering hero. But within weeks there was a warrant out for his arrest and he was being investigated for rape and sexual molestation. Until recently he was taking sanctuary in the Ecuadorean Embassy in London, arguing he won't receive justice if he's taken to Sweden and that US authorities are building a case for his extradition. In this program from 2012, Four Corners reporter Andrew Fowler examines in detail what happened in those crucial weeks while Julian Assange was in Sweden. What was the nature of his relationship with the two women who claim he assaulted them? And what did they tell police that led the authorities to seek his arrest? Both Assange and his supporters believe the attempt by authorities to force his return to Sweden is simply the first step in a plan to see him extradited to the United States. Four Corners looks at claims the United States is working hard to unearth evidence that would lead to a charge of "conspiracy to commit espionage" being made against Assange - which in turn would be used in his extradition from Sweden. The program also documents the harassment experienced by Assange's supporters across the globe - including his Australian lawyer - and the FBI's attempts to convince some to give evidence against him.
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Bernie Suarez - The Predictions Are Happening Now, The Economic Collapse Now Has A Targeted Date
Bernie Suarez - The Predictions Are Happening Now, The Economic Collapse Now Has A Targeted Date
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Peter Schiff : No I am not a Bitcoin Convert !!
Appearing on kitco today ,Peter Schiff admits he in fact received some bitcoin donations , unfortunately he said ,those donations have already lost value since I received them , and of course had I turned them up into gold they would have gone up , Peter explained sarcastically .It is funny that people in the bitcoin community are creating this fake news story that somehow I am now a convert or that I am a secret crypto holder.Yes I have been gifted some bitcoin , so what ...?! . I have never actually purchased any , nor do I actually intend to purchase any any time soon . so much in the crypto news is all fake , this is all about hype , this is all about creating FOMO , Which means The Fear of Missing Out , so that people will rush in and buy basically nothing , it is all over hyped digitally nothing . but the real desire is that you got a lot of these so called whales , who positioned themselves years ago when bitcoin was at much much lower price , and now they need to generate a market so that they can get out . because there is really nothing fundamental driving the price , it is just a kind of pump and dump kind of scheme going on . And I think the situation is going to get complicated by the regulators which I believe are really getting ready to crack down on bitcoin and other crypto currencies , and this is going to make it harder for new money to come in , which of course will complicate the efforts of the old money to get out ,end of quote . Peter Schiff admits that in fact his eCommerce platform , ShiffGold actually accepts bitcoins as a form of payment but he explains that in fact he is trying to help people turn their bitcoin into gold . But what people do not really understand Peter Schiff adds , is that we do not directly accept bitcoin , there is a middle man in between us called Bitpay . we partnered with Bitpay , so what really happens is , if somebody has bitcoin and they want to buy some gold through ShiffGold we make it easy for them to use bitpay , and bitpay will buy their bitcoin , sell it , get dollars , and then give the dollars to Schiffgold and then we will give the gold to the person who made the purchase . “I want to help people make the conversion from fool’s gold into real gold,” Peter Schiff said.
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What we found on Jeffrey Epstein’s ‘Pedophile Island’
Convicted sex offender Jeffrey Epstein faces another legal hurdle because a woman has sued the high-rolling financier, alleging he raped her when she was 15 years old. Meanwhile, questions remain about what Epstein and his powerful friends did on Little Saint James, the Caribbean island he owns. RT America’s John Huddy provides a peek into his upcoming exclusive report from the island, which airs tomorrow.
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Peter Schiff - Trump's Rate Cuts to push Gold to new Highs
Investor Peter Schiff recently appeared on RT Boom Bust to explain why he believes Gold Prices are going through the roof. And it’s not just because the Fed is cutting rates. "In fact, they are going to cut rates next week and this is going to be the first step on the road back to zero. And the Fed is also going to return to quantitative easing. But we just found out that Donald Trump is cutting a deal with a Democrats to basically throw out any progress Republicans made back in 2011, thanks to efforts of the Tea Party, to at least try to rein in the increase in government spending. So, they’re throwing caution to the wind. We are going to see deficits going through the roof over the next several years, and that’s even without the recession, which I believe is coming and which is going to make them much, much worse” ,Peter Schiff explained . All of this is very bullish for gold... If you understood what all of this means, you would be buying gold as fast as you can.” He added . Peter said that in the long run, we would get lower interest rates because we would have sounder money, less inflation and higher savings. But the government has been able to manipulate interest rates artificially lower to boost the GDP, to prop up the stock market and other asset bubbles. But all of that is going to blow up and interest rates are going to go sky-high” , He explained . Peter Schiff is absolutely right . A lot of unnatural things were done by the FED to make sure this show stays propped up. Under "normal" circumstances the house would have collapsed long ago. Besides JP Morgan recently told only their elite clients that the dollar is unlikely to remain the global reserve currency , according to Max Keiser . As to myself , I have bought physical Precious metals over decades. I care not what the rigged gold and silver market or slag pricing does. It is immaterial to me what Precious metals' price is in any fiat currency. Silver and Gold are an insurance policy for me and my family should the worst happen. I don't cash insurance in for a profit ever. I will use it when the Shit Hits The Fan. Over and out...
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Why does Trump want a Fed Rates Cut ?!
President Trump is keeping up the pressure on the Federal Reserve, calling Tuesday for the central bank to enact a substantial interest rate cut. I'd like to see a large interest rate cut from the Fed , said president Trump , I am disappointed in Fed he added. President Obama had zero interest rates , we have normalized interest rates . with zero interest rates anything could happen and yet we still blew his economy away ,End of quote . Sure mister president Trump , Obama had 0% interest rates and we have 2.5% today , but Obama by the end had deficits of 450 billion compared to yours 1.2 Trillion this year. Apparently Trump economy is so great, we have over a trillion dollar deficit !. Steve Minuchin says The U.S. will run out of money by December. They will need to borrow more from the Fed and what better way to facilitate that than by dropping rates. Powell has already stated we WILL hit the effective lower bound but when we get there, we are going negative. Ben Bernanke was the one who suggested Japan's central bank to take interests rates negative. The Fed has been Bailing out and cutting rates for 10 years and they can see that it has not helped fix the Nations problems, even though they say otherwise. The Bailout and QE via the Trickle down theory has been a Proven Failure. To do more of the same just shows how much of a bunch Self Serving Socialist our Leaders have become. It's time to give the money to the bottom 90% instead of the Global top 10% , at least the money would go to the Legal citizens of the Nation who it belongs to and have paid the price via suffering and death, not to a bunch of nasty Wall Street Losers. If the Fed cuts rates,It will be an admission that the Fed is only interested in ravaging the middle class to pump a big fat nasty bubble, The Mother Of All Bubbles. The Fed does NOT work for the American people. Its goal is to enrich those who own and control it. Period. And Trump running a second term on 'End The Fed' will be as pitiful as trump running on 'lock her up' and bring the boys home' . I will not believe him this time as I did supported , and voted for him last time .
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What happen to the The Falkland Islands after The Brexit ?
The Falkland Islands ,Malvinas in Spanish, are made up of 780 islands with an area equivalent to that of Northern Ireland, but with almost 600 times fewer inhabitants. The Falkland Islands has been claimed since 1820 by Argentina, which at that time sent a few dozen gauchos, herdsmen. For its part, London ensures to have planted its flag on these arid lands swept by ruthless winds since 1765. The British then colonized them and administered them since 1833, butchering the small Argentine garrison which landed the previous year, conferring on the archipelago a status of overseas territory , autonomous of course, with its own executive , legislative and judicial powers , but not independent. Its governor is still appointed by London, but his prerogatives have been largely curtailed in the 2008 Falkland Constitution. The current inhabitants of the islands - which call themselves Islanders are, in part, the descendants of these early settlers . For the Islanders, the right to self-determination of peoples is inalienable, and in 2013 they voted 99.8% to maintain the status of British Overseas Territory;only three people voted against. Buenos Aires, on the other hand, relies on the right to territorial integrity: as the Malvinas belong to the same continental shelf as Argentina? . A dialogue of the deaf has taken place, with issues a priori difficult to understand, as these lands are isolated.Which resulted in Nearly a thousand soldiers deaths in the war of 1982. The war between Argentina and the United Kingdom, in 1982, had brought the archipelago out of oblivion. Anxious to prolong their economic growth, The Falkland Islands are now hanging on London's decisions. But what happen to the The Falkland Islands after The Brexit ? These islands, more than 12,000 kilometers from the United Kingdom, live only thanks to their trade with the European Union. For example, the sale of fishing licenses to European vessels, the export of fish and squid, especially to Spain or the production of sheep's wool (they are half a million in the Falklands) to Great Britain. The exit conditions of the European Union therefore concern them to the point and they intend to put their grain of salt. Several British politicians, including the former Foreign Office secretary, William Hague, had already warned about the economic consequences of this Brexit for a territory like the Falklands. But what frightens the inhabitants of the Falklands, it is especially the relations with Argentina whose nearest coasts are within 500 kilometers. At first sight no relation to Brexit. But in Argentina, some people say that the exit of the United Kingdom from the European Union isolates the British on the question of the Falklands. In London, as in Buenos Aires, the 1982 war unleashed at the time by the Argentine dictatorship, left deep traces. The conflict had killed more than 900 people. Even today, the subject poisons relations between the two countries. And if in London it is said that Brexit does not change constitutional relations , including sovereignty between the United Kingdom and its overseas territories, the Argentine press does not fail to put the subject back on the carpet. The Brexit not only threatens the economy of the Falklands but also that of the Spanish fishermen . An exit without agreement by the United Kingdom could have serious consequences on the economy of the archipelago which relies heavily on fishing. And on Galicia in Spain, where almost all exports arrive. 94% of the fishery exported by these British South Atlantic islands claimed by Buenos Aires, mainly squid, arrives at the Spanish port of Vigo north-west of Spain. An activity carried out by Galician trawlers and their largely Spanish crew which represents 40% of the Falklands' GDP . In this context, ships were sent urgently in Falklands waters to bring back to Galicia 21,000 tons of squid and avoid potential tariffs that could have amounted to 4 million euros in case of Brexit occurring . This is How Brexit threatens the economy of the Falklands and that of the Spanish fishermen.
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Central Banks Will Unleash Inflation and Gold is Headed Above $5,000 Says Peter Schiff
Longer-term, gold prices are headed much higher than current levels and could even go to $5,000 an ounce, this according to Peter Schiff, CEO of Euro Pacific Capital. “I do think that this is the beginning of the breakout of the consolidation that we’ve been in for the last several years, but ultimately I think gold’s going to go quite a bit higher than $5,000,” Schiff told Kitco News.
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Monday, July 29, 2019
Gerald Celente FORECAST - Gold Could Hit $2,000 ‘In The Next Months’
Gerald Celente FORECAST 🔴 Gold Could Hit $2,000 ‘In The Next Months’
Gold is just about to enter into a new bull rally cycle, said Gerald Celente, Publisher of The Trends Journal. “The next breakout point had to be $1,450. I believe when it breaks beyond that, it’s going to spike for the $2,000 mark,” Celente told Kitco News. Celente attributes loose monetary policies around the world for this new rally.
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Canadian Housing Bubble caused by Money Laundering from #China #bubble
Canadian housing markets has not yet experienced a housing bubble bust like the US did yet, but they have never been a run-up in prices like the past 20 years either, nor have they ever had such insane levels of household debt. Canadian housing markets are in a category of their own. No housing market in the US – no matter how crazy Housing Bubble One was, which began to implode in 2006, or how crazy Housing Bubble Two is or was , can hold a candle to the most splendid housing bubbles in Canada. Instead of a Financial Crisis and a mortgage crisis and Housing Bust One, the bubbliest Canadian markets only had a little-bitty dip, and within months were back on track to what would be an 18 year housing boom that is now coming undone. Prices are completely disconnected from local economies , especially in Vancouver and Toronto where you have Foreign millionaires ,90% of which are Chinese competing with the middle class incomes for housing . That is the play, with a large portion of Central Banking credit expansion and interest rate suppression. Money from China as causing a huge distortion in prices and affordability . Dirty money from China being laundered through real estate has flooded this country which is fast becoming the money laundering capital of the developed world. Add to that the persistent policy of the Canadian governments of bringing 1% of the population into the country each year through immigration is putting somewhat of a floor under prices. It would be like if America was allowing in 3.5 million folks every year and having them settle in California and New York. For Vancouver the biggest driver of housing prices has been “hot” money from China. Canadian authorities obviously looked the other way while this happened. Vancouver is what happens when foreign corruption is permitted to run totally amuck! This has hurt ordinary working Canadians big time! Toronto, Canada’s second biggest housing bubble has also been driven by “hot” Chinese money too. The difference is Toronto is a much bigger city than Vancouver so it would take maybe 3 times or more of the “hot” money to duplicate Vancouver housing bubble. The huge run up in property prices has also resulted in a huge surge in property taxes! Government’s, municipal, provincial, and federal have all been the main beneficiaries of the housing bubble ! . That is probably why they have all turned a blind eye towards the foreign “hot” money being laundered in Canada that has badly hurt ordinary working Canadians! . In addition the capital gains on one’s principal residence in Canada is tax free which is a big incentive for many Canadians to buy the biggest house they can afford. In Canada mortgage interest is not tax deductible per the US. Also property taxes and provincial taxes are not deductible from federal taxes per US. Secondary real estate like cottages faces full capital gain taxes. It is painfully clear that the Canadian housing bubble is demand driven both from immigration and off-shore buying. Not exclusively, but overwhelmingly from mainland China. for decades but starting in earnest in 2009, as the Canadian dollar was under pressure during the credit bubble and subsequent financial collapse centered in the United States. Crony capitalists were moving money out of totalitarian China at attractive foreign-exchange rates and moving into relatively safe havens. Who could blame them? In Canada, they found the rule of law, property rights, clean air and pristine water, freedom, democracy, magnificent infrastructure including world class public and private schools and Universities and Colleges . There is absolutely no question that the housing market in Vancouver and Toronto has been severely impacted by the ingress of dirty money from abroad. Generationals in both cities have been displaced because of the distortion that this money caused in the housing market. There is simply nothing else that can explain the change in the relationship between generational income levels and the price of housing. The Toronto and Vancouver housing story represents a massive generational challenge and significant long-term policy problem. There are numerous cases made to explain the cause, but in reality it is a cocktail of policy failures that puts all levels of government and oversight boards in disrepute. That authorities allowed Canada to become one of the most attractive destinations for laundered funds is a stain that cannot be washed. The degree of incompetence, apathy or worse, collusion in these practices by authorities at all levels is sickening. The British Columbia and Ontario government's pathetic responses to obvious distortionary capital inflows , sopping up units with no intention to rent them, were too little, far too late. yet still managed to conclusively prove that the bubbles forming in both markets were in fact being fueled in part by foreign capital . Foreigners buying a home to park capital, letting it sit empty for years is as commonplace in Vancouver and Toronto . The classic economic tenants of supply and demand do not function in a distorted market. As foreign capital is juicing the market, gobbling units and driving up prices. In many cases this is done to avoid capital controls or launder funds. In such instances, there is little imperative to rent them out. Money laundering , QEs , Low interest rates and the Search for yield have fueled wild speculation across all assets whether it is Housing or the stock market. Those fortunate to buy at the market bottom in 2009 may be wise to sell now before the Bubble pops again . Many Canadians need a big big wake up because the longer this nonsense continues the worse it is and the more drastic the finish.
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Richard Wolff: Absolutely we’re in a recession!
Economist and co-founder of “Democracy at Work” Prof. Richard Wolff, author of “Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown” joins Rick Sanchez to share his insights about Americans’ uncertain economic future and how President Trump’s policies have foreigners fearing for their investments in the US.
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Rush Limbaugh defends Trump's Baltimore remarks, blasts Dems' collusion obsession
Talk radio host Rush Limbaugh says it's about time somebody pushed back against the human misery caused by Democrat leadership.
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Rosa Koire Agenda 21 Won't Get Fooled Again Interview
My talk with Rosa Koire about Agenda 21 and how we Won't Get Fooled Again. Rosa explains the subtle but often obvious ways we are manipulated and controlled, and inspires us to become free. Please support my show at https://www.patreon.com/JasonLiosatos
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TOP 5 Reasons to Buy Bitcoin in 2019 #bitcoin
Reason Number One : Crypto is becoming mainstream with Bitcoin in the forefront . Despite the drop in bitcoin's value, global adoption is on the rise. For example, the number of users of the popular Blockchain wallet has steadily increased throughout 2018. The company's data shows an increase from 22 million to over 32 million wallets in the past twelve months, which suggests that people's interest in bitcoin has not waned despite its price correction. Moreover, trading volumes at leading peer-to-peer bitcoin exchange, LocalBitcoins, suggest that bitcoin adoption is growing in emerging markets. Most notably, South American countries such as Argentina, Chile, Colombia, Peru, and Venezuela, showed an increase in bitcoin trading volumes throughout 2019. Bitcoin remains the clearly largest cryptocurrency with a current market share of approximately 43 %. I personally believe there is room for growth in its market share as there is still way too much invested in coins that are not going to amount to anything. Reason Number TWO : Global economy is on the brink of collapse . The economic situation is unstable all over the world and it is is in my opinion on the brink of collapse. Bitcoin is a fairly non-correlative asset and will likely benefit from the potential collapse of the traditional economy. This means that it is smart to diversify some funds into bitcoin. In 2008 the economy collapsed due to unsustainable debt structures but what many people don’t understand is that debt has only increased since. It is quite possible that in the next few years we will see an even larger collapse. Recently the political situation in many areas around the world has become more volatile and the arrival of trade wars between large countries is not going to help the situation. In that type of situation traditional safe havens such as physical gold will likely rise in value but this time bitcoin will play a significant role. Bitcoin as a currency is similar to gold, it is scarce and can’t be created from thin air. However the features of Bitcoin are more advanced as it can be moved effortlessly to anywhere in the world. And importantly, thanks to the great rally of 2017, now people actually know about bitcoin. It is becoming mainstream and this will be a key factor in how much bitcoin matters in the next collapse of the traditional economy. Weak national currencies are already a great source of demand for bitcoin as are political restrictions set to stop people from taking their money outside a country. Due to these issues people want to exchange increasing amounts of traditional currency into bitcoin. The worse the traditional economy gets, the better it is for bitcoin. This is why it makes sense for anyone to diversify a portion of their investment portfolio or savings budget into bitcoin. Reason Number THREE : Wall Street is going crypto . Last year, Fidelity, Nasdaq, and the Intercontinental Exchange (ICE) announced plans to launch cryptocurrency trading offerings for institutional investors in 2019. Most notably, ICE's new venture, Bakkt, is expected to drive more Wall Street firms to trading bitcoin as the planned regulated crypto asset trading platform will launch with bitcoin derivatives and crypto custody service and plans to roll out crypto merchant payment services later on. Moreover, the number of crypto hedge funds has reportedly increased in 2018, which means more institutional money is poised to enter bitcoin as an asset class in the coming months as these funds raise money to increase their assets under management. Reason Number FOUR : Market sentiment is low and that is the time to be bold . it never hurts for investors to look at historical price data. Bitcoin has seen many peaks and troughs in the last ten years and has been reported "dead" over 340 times in mainstream media. However, it has always managed to surpass its most recent all-time highs so there is little reason to think that the same will not happen again. In mid-2011, the price of bitcoin hit $30 on the most popular exchange at the time, Mt.Gox. Following a hack of the exchange, the price collapsed to a low of only $2 by November 2011 before recovering again in 2012. In April 2013, bitcoin briefly hit the $260 mark, before tanking by over 50 percent within hours as Mt.Gox was unable to handle the increase in trading volumes and was hit with a DDoS attack. Despite a drop in investor confidence in the bitcoin trading ecosystem, it only took bitcoin seven months to surpass its most recent high again. In late 2013, bitcoin hit the symbolic $1,000 mark for the first time, but the price gradually collapsed to a low of $175 in the two years to follow. Two years after that, at the start of 2017, bitcoin hit the $1,000 mark once again and surpassed its previous all-time high to hit its famous December 2017 all-time high of $20,000 per coin. Historical price data suggest that bitcoin is poised to exceed its most recent all-time high again, even though it may take a few years. Many bitcoin-positive developments have been overshadowed by its price activity last year, but over the next twelve months investors could see these developments reflected in bitcoin's price. Reason Number FIVE : Bitcoin developers are still innovating . The great Bitcoin scaling war started in 2015 and caused a lot of drama, stress and doubt in the Bitcoin community. In 2017 the war ended with the activation of the Segregated Witness upgrade and the creation of Bcash ,Bitcoin Cash. This simultaneously set in stone the direction Bitcoin development will take in the future and offered an alternative for those who support a different direction. Now the dark clouds are gone and the sky is clear. Bitcoin is moving forward and one of the greatest developments in Bitcoin history is the lightning network. To this date Bitcoin has been great at being digital gold but with the addition of lightning, it can also become a payment system. Lightning network is a technology that enables anyone to send bitcoins instantly with very low fees and it simultaneously retains the basic ideology of bitcoin, meaning that no third party takes custody of your coins. In the lightning network users create so called payment channels and payments are routed through this network of channels. Lightning also enables the swapping of different coins directly through the lightning network, as long as the coin supports lightning. Currently this is possible between Bitcoin and Litecoin. The use of Lightning with real bitcoins started in early 2018 and at this moment the network has 2700 nodes, 9000 channels with a total capacity of 63 BTC. It is most suitable for small payments ranging from $0.001 to $50 and it can already be used in some online stores and services. I expect the use of Lightning to continue to grow rapidly and it could potentially change not only Bitcoin, but online commerce in general.
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Peter Schiff : Gold vs Oil vs Dollar in 2019 Debate .
This panel was held on Jan. 20th, 2019, the day the Pats beat the Chiefs in the AFC Championship. I was watching the game on my iPhone propped up on the table in front of me.
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Sunday, July 28, 2019
Did CIA spies in Iran use rocks to smuggle docs?
Iran says it has arrested a spy ring of 17 individuals with alleged links to the CIA. President Trump says the claim contains “zero truth.” Meanwhile, Iran seized a British oil tanker and its crew in the Strait of Hormuz over the weekend. Rick Sanchez has the details. Then RT America’s Sayeh Tavangar joins to discuss. She is skeptical of the claim.
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Are we on The Verge of WW3 ?!
"We need to stop getting involved in foreign wars": said Candidate Donald Trump . Today President Donald Trump is itching for more wars. We voted for Trump. And we got another puppet. While Trump himself routinely pillories the 2003 decision to invade Iraq, he has surrounded himself with hawks who seek the same fate for Iran. National Security Adviser John Bolton and Secretary of State Mike Pompeo have in the past openly called for regime change and bombing Iran . Trump sends hundreds Of American Troops To Saudi Arabia To Protect the Interests of BIG OIL , oops. I mean to Counter Iran. I am just curious why the US regime has to "counter Iran" in the first place... Iran hasn't invaded another country in almost 300 years. There's no concentration of Iranian troops prepared to cross their borders. No, I think that it's most likely that the U.S. seeks to intimidate Iran with an increased military presence in the Persian Gulf area. Let's get real we are not going to defeat Iran in 48 hrs just with an air campaign . Serbia survived 78 days with continuous NATO bombing with its army intact. America can’t win wars against camel jockeys armed with AK-47 but thinks it can win wars against Iran. LUDICROUS!!! And Forget about the nukes unless we want direct Russian and Chinese involvement. China has already said it many times they will have to fight the US. what better time than now? especially when Russia and china have the edge on missile technology ? . And of course Russia will fight for Iran , they did it for Syria , and Iran means more to Russia. Let's think about this: The USA, fresh from over a decade of unpopular and largely pointless wars in the Middle East, will allow a wildly unpopular president to take us into full scale, boots on the ground, conventional conflict with the second most powerful military in the Middle East ,Iran, likely supplied and assisted by advanced military powers. A war with Iran could easily spill into a global war . The Globalists are taking us towards a nuclear world war 3 . BILLIONS will die. Most cities will be wiped off the map. Most men will be dead. Then all nuclear reactors will explode one after the other , this if they were not directly targeted before, because there will be no one anymore to take care of them. The earth will enter a very long nuclear winter and the whole place will be radioactive. And the few survivors will have shorter lives, malignant mutations, and less medical technology. The surface may NEVER be habitable again. The Elite would be hiding in their bunkers for millennia . We need to dismantle the military-industrial complex from lobbying our politicians before they get us all in to World War 3 .
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Letter from a ‘Globalist Friend’
This posting appeared on an Internet discussion forum few years ago and is believed to be genuine…. Dearest Citizens of the World,
I believe the time has come to reveal to you some of the perplexities you have faced in recent decades. It is well for you to understand some of these things so that you might know how to behave in the New Order now taking shape on the earth. We want you to be able to become fully involved and integrated into our new society. After all, this is for your best interest if you will do. First of all, it is well that you understand some of our purposes so that you may more fully co-operate. I cannot tell you the hard times you will face if you resist us. We have ways of dealing with resisters. I am only telling you this now, since it is much too late to turn things around. The days of putting a stop to us have long since past. We have full control of the earth and its finance, along with the major media propaganda, and there is simply no way any nation or power can defeat us. We have eyes in every level of government in every nation of the world. We know what is being planned, for our ears and eyes are ever present. State secrets are fully known to us. China recently accused the media in the U.S. of lying about Kosovo. Oh, you silly people, of course we lie. In this way we can keep the people unbalanced and always facing controversy which is very helpful to us. Have you not seen the talk show spectacle? Some of you believe we are the liberals and the good people are the conservatives. In reality, both serve our purposes. Each camp merely serves with the stamp of our approval but they are not allowed to present the real issues. By creating controversy on all levels, no one knows what to do. So, in all of this confusion, we go ahead and accomplish what we want with no hindrance. Consider the President of the United States. Even though he regularly breaks every known check on his power, no one can stop him. He goes ahead and does whatever we want him to do anyway. The Congress has no power to stop him. He does what we want since he knows if he does not, because of his rather dark character, we can have him removed in a moment’s time. Is not that a rather brilliant strategy on our part? You cannot take us to court because you can’t see us and the courts are our servants as well. We run everything, yet, you do not know who to attack. I must say this hidden hand is wonderfully devised and without any known historical precedent on this scale. We rule the world and the world cannot even find out who is ruling them. This is truly a wonderful thing. In our media we present before you exactly what it is we want you to do. Then, as if in a flash, our little servants obey. We can send American or European troops to wherever we like, whenever we like, and for whatever purpose we like, and you dutifully go about our business. How much more evidence do you need? We can make you desire to leave your homes and family and go to war merely at our command. We only need to present some nonsense to you from the president’s desk or on the evening news and we can get you all fired up to do whatever we like. You can do nothing but what we put before you. YOUR VAIN RESISTANCE . When any of you seek to resist us, we have ways of making you look ridiculous as we have done with your militia movement. We have delighted to use this movement to show the world how impotent any resistance is. They look so silly marching around with their guns as if they were some match for our military. Look at what we did at Waco. Did the Davidian’s little store of weapons help them? We have generously taxed you and used that money to make such sophisticated weapons you can in no way compete. Your own money has served to forge the chains we bind you with, since we are in control of all money. Some of you think you may escape by buying some land in the country and growing a garden. Let me remind you that you still pay us ground rent. Oh, you may call it property taxes, but it still goes to us. You see, you need money no matter what you do. If you fail to pay your ground rent to us, we will take your land and sell it to someone who will pay us. Do you think we cannot do this? And with your ground rent we pay for the indoctrination of your children in the public schools we have set up. We want them to grow up well trained into the system of our thinking. Your children will learn what we want them to learn, when we want them to learn it, and you pay for it through your ground rent. Those funds are also used for other projects we have in mind and our contractors are paid handsomely for their work. You may doubt that we own your children, or have such control, but you will find that we do. We can declare that you abuse your children when you spank them and have them confiscated. If they do not show up for school indoctrination, we can accuse you of neglect, thereby, giving them to us. Your children are not yours. They are ours. You must inoculate them, you must bring them to our hospitals if we decree or we will take them from you. You know this and we know this. Through our electronic commerce we are able to see where you are, what you are buying and how much you have to buy things with. Where do you suppose we come up with our monthly financial statistics? Through the Internet and other sources we can even know how you think and what you say. It is not especially important to us what you believe as long as you do what we say. Your beliefs are nonsense anyway. But if you think you have a following, and we perceive that you might be somewhat dangerous to our agenda, we have ways to deal with you. We have a Pandora’s box of mischief with which to snare you. We can have you in court so long you will never get out. We can easily drain away all your assets over one pretext or another. We have an inexhaustible fund with which to draw from to pay our lawyers. These lawyers are paid by you in the form of taxes. You do not have this vast supply of wealth. We know how to divide and conquer. Have we not brought down rulers of countries through our devices? Do you think your tiny self will be any match for us? YOUR VAIN ORGANIZATIONS . And, let us consider your religions and the “moral majority.” The “moral majority” is neither moral nor is it in the majority. We have delighted to use this wet noodle of a movement to make ridiculous the Christian faith. The silly men who run that organization always end up with egg on their faces. We have always put them in defense of themselves as we have so successfully done with the NRA. We can make it seem by our media propaganda that the National Rifle Association is actually the New Radical Attackers. Have we not turned the American conservative movement on its ear? If it serves our purposes we can use the conservatives to turn the liberals on their ear. It makes no difference to us but it serves to make you believe there are two sides struggling for their particular position. This helps to make things seem fair and free since everyone has a voice. Actually, there is only one side now with all kinds of masks on, but you are unable to penetrate our purposes. You see, we can do whatever we like and you can do nothing about it. Does it not seem reasonable that you simply obey and serve us? Otherwise, you get eaten up in the resistance you suppose will liberate you. You cannot be liberated. Imagine how you can. We supply your fuel for your cars. We can turn it off whenever we like claiming that there is some sort of fuel shortage. What if your car breaks down? You cannot get parts for it without us. We supply all the money you use. At any whim of our desire we can stop the money supply or cause a complete crash all together. We can then order the president to declare all money worthless and that we will have to have new money. All of your stashes of cash will go up in smoke in a moment’s time. Don’t you need food? If necessary, we can cause a trucker’s strike which would stop deliveries of food to your local store. We can starve you whenever we like. You only have food because we have provided it to you from our table. During the great depression we controlled the food. We heaped mountains of food behind fences and let it rot. The hungry were then made to work in our labor camps even though there was enough and more to feed them. Do you really think you can beat us? You say you will hoard gold coins so you will still have money in the time of the crash. We can simply pass a law which outlaws the possession of gold as we have done in the past. If we find gold in your possession, we would simply confiscate it and put you in prison for breaking the law. While in prison you would be required to work in one of our prison industries. We have so formed a picture of the labour camps in our prisons these days that no one seems to object to them. We tell people that murderers should pay for their own keep. No one seems to consider that we have the power to put tomato growers there also. We can pass laws that prohibit gardens and then make up some scientific reason why you may only buy food from our sources. If someone sees you growing tomatoes, they will report you to us and then we will have you in our fields working for us. Oh, silly nationalists, there is no escape for you, for since long before you were born, we were planning your capture. Your teachers and ministers have been forming your thoughts for us for generations now. You have no idea how to pull out of our influence short of suicide. Go ahead and commit suicide, it will only help us to deal with the excessive population. You cannot hurt us, find us, or even imagine what we are up to. I am throwing you these few crumbs only so that you may, if you have a little good sense, obey and follow our orders. YOUR CONTROLLED MIND . We run Hollywood. The movies such as Terminator and Armageddon, along with a great host of others, were simply created to get you thinking according to our directions. You have been made to delight in violence so that when we send you off to kill some bad man we have put before you, you move without a whimper. We have placed violent arcade games in your malls to prepare your young minds in the art of battle. We have made you to view our armies and police as the good forces and you submit to things that were unthinkable just a few decades ago. Our artful programs, are all designed to help you submit and even help the New World Order. Star Trek, and other such creations, have taught you to simply obey orders from the new international rulers. Oh, silly people, you thought you were being entertained, while you were actually being educated. Dare I use the words, “brainwashed” or “mind control?” By the way, have you seen the new Star Wars? What a masterpiece of mental manipulation. Humans confer with nondescript beasts of all shapes and sizes and they confer in English. I wonder where those space beasts learned English. Oh, the simpleness of the mind of the citizen. He never considers he is being taken into fairyland. We have placed advertisements for Star Wars almost everywhere you go. You will find them in Wal-Mart, K-Mart, Taco Bell and a host of our institutions of commerce. There is something we want you to learn from this movie. Or, perhaps it could be said, there is something we do not want you to learn, from Episodes 4-6. Either way, we will have what we want in the whole affair. For a full explanation of, and the reason why “they” don’t want you to learn from episodes 4-6 of the Starwars films, please study the “Starwars, fact not fiction” Booklet . Of course, to keep you off guard we have instructed our elected officials to appear to be correcting the evil of our violence. President Bush is now speaking against violence in Hollywood movies. This will not solve the problem, but will only make the people believe the problem is being worked on. Sex and violence are the very best powers to use to help us gain our advantage. How the people loathe to give up their sex and violence, so we place all they want before them. In this way, we keep them so occupied they do not have the integrity or brain power to deal with the really important matters which are left entirely in our hands. President Bush has been very helpful to us. We knew of what character he was before we placed him as president. Exposing him was very helpful in adjusting the moral habits of the youth downward. This is to our advantage. Even more agreeable to us were the vain efforts of those who thought they could remove him against our will. He is useful to us and he will not be removed by anyone until we are ready to have him removed. Excuse me if I seem to be mocking your system of beliefs, but they are rather outdated. Have you no eyes to see your vain liberties and your righteous pontifications are nothing before us? You can only do what we say you can do. We remove presidents when we are ready and the leader we set up will be there until it serves us to have another. At that time we place our proposed leader before you and you vote for what we want. In that way we give you the vain voting exercise in the belief you had something to do with placing your president in office. We use the nations for what we want to use them for. Everyone knows that they must yield to us or die. Fortunately, we have had a few resisters such as Saddam and Milosevic that have been helpful in showing the world leaders what we will do to them if they do not submit. There is only glory in following our purposes and doing what we say. If one does not, there will be such a sad and tragic result. I would really have you spared of such an end. But, then, again, if you are not spared, it is of no consequence to us. We will use you to alleviate some of the overpopulation problem. YOUR SILLY REBELLION AGAINST OUR DOMINION . Some of you have thought you could stop us by placing a bomb in one of our abortion clinics or in a government building. Silly souls! How can that hurt us? All that does is give us an example to use so that we might place more controls and heavy burdens on the population. We love it when you rebel and blow something up. You are our reason for making more laws against all those things which might contribute to your freedom from us. If someone did not blow something up on occasion, we would have no justification in placing more hedges about you. Can’t you see how impossible it is for you to resist us? The more you wriggle, the more we squeeze. Our kingdom is the kingdom of money. Excuse me, but I must confess that we are the rulers of the kingdom of non-money. You must see the humor in that statement. We have given you a piece of paper or some numbers on a computer screen that we have termed money. It is backed up by nothing and proven by nothing but what we say it is. We create it from nothing, we print it, we loan it, we give it its value, we take its value away. All things that have to do with money are in our hands. Think of it, what is it that you can do against us without money? If you try to resist, we can cancel your credit or freeze your accounts. Your cash is easily confiscated. We have made so many rules in the realm of living that you cannot live without money. Camp on government land and you must move in two weeks. You cannot grow much of a garden in two weeks. Many of our wilderness trails are entered by permit only. We have passed laws that do not allow you to live in trailers over a certain period without moving to another location. Have you not thought it ridiculous that we will allow a man to live in a box full time but we will not allow a man to live in an RV full time unless he is in a taxpaying campground? OUR UNFATHOMABLE MYSTERIES . Our recent war in Serbia has many purposes to it but we do not speak of these things openly. We let the talk show hosts blather all sorts of nonsense but none of it touches the core. First of all, there is a wealth of natural resources in Kosovo that we must have complete control of. Kosovo has large supplies of uranium in its soil and uranium is very helpful to our regime. Also, it suits us to keep all such minerals out of the hands of potential enemies. Milosevic was not helpful in giving those resources into our hands so we simply made things difficult for him until he did. We have reduced that proud nation to the level of humility we require from all people. After the war, if Mr. Milosevic does not sufficiently humble himself, we will take him to the world court charged with war crimes. We made up that term; rather ingenious, don’t you think? How could there be such a thing as a war crime? The very nature of war is that the rules are off. It is so entertaining to watch the nations try to fight war according to the laws we have placed before them. The only war crime there really is only involves the crime of being against us. Anyone against us is violating our law. As you have seen when someone is for us we do not care what they do. Was not Nelson Mandela a bomb-toting terrorist who killed many of his enemies? We made a hero of him. We observe no laws when it comes to war. We do what we want, when we want and where we want. We can starve nations to death, we can ruin civilians and any other horror for which we would take our enemies to court. Look at our example. We bomb Serbia out of its wits, bomb Kosovans out of their homes, poison their rivers and streams, turn off their electricity making a grand crisis in that country, and then we masterfully make it appear it is all Mr. Milosevic’s fault and he needs to go to court for it. It is the same way we made our inferno at Waco look like Mr. Koresh’s fault. T hen there was our chief villain, Saddam with all of his weapons of mass destruction. Bad men are a dime a dozen and we can conjure one up whenever it suits us. This is really quite funny when you think of it. I am not one who is usually given to humour, but I do catch myself laughing sometimes at the absolute absurdity of the notions we place before you and you readily accept. Do you wonder that the leaders of the world tremble at our presence? They know they have no power except the power we give them. We have no fear of Russia or China for we are already in full control of their system of things. China knows that we can freeze any number of its corporations in America and all of its capital at the stroke of a pen. We want you to be in the system. When you are buying a house, we not only receive the tax revenue to use for our purposes, but we gain large increases from the interest on the loan. You may pay for your house two or three times over from the interest alone. The interest is also taxed which is again placed for use in those sectors of influence we choose. We do not want you to escape free and that is why we have made it as we have. You are our property. We will not permit you to buy or sell unless you submit to our mark of authority. If you go to court against us, we will wear you out there and in the end you will lose. If you use violence, we will end up having you in one of our labour camps, more specifically called prison industries. You need our money, our entertainments, our fuel, and our utilities to function and if you don’t have them, you feel deprived. By this, you are made to yield to our will. Sincerely yours . A globalist friend.
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Gold or Bitcoin - Where to Invest today ? 2019
So What’s a better investment, gold or bitcoin? First of all ask yourself, do you understand the Bitcoin and Bitcoin mining concept properly? . Bitcoin is a complex concept, Its volatility very high. It is now in consolidation state and price is very high. Risk Reward ratio is not favorable. If you want to allocate some portion of your investment portfolio in Bitcoin then go ahead, otherwise it's not a wise idea of investment. While Gold is Limited, Divisible, Counterfeit-Resistant and Virtually Indestructible by Nature. Gold is an asset which can never go to zero. Bitcoin is a cryptocurrency which is not backed by any asset. The value of bitcoin can easily fluctuate south. Gold is a safe haven when it comes to uncertainties. It is still at the lows and has the potential to move up. Silver for that matter is an excellent investment. Bitcoin is a hype. I understand the importance of Blockchain technology and I would invest in the technology, not in the products. Bitcoin is a gamble and no doubt it is surging its way up and may go higher but at the end of the day, there is no logic behind this rally. USA has not regulated bitcoin as a mode of payment. Until Uncle Sam waves “Yes” to the cryptos, it is just like peeing in the wind. So what are the similarities between gold and bitcoin ? Like the bitcoin, gold must be obtained through mining. But, while gold is obtained through physical mining, bitcoins must be “mined” virtually through the deciphering of special computer encryptions. Another similarity is that both gold and bitcoins are only available in limited quantities. It is estimated that there is approximately 171,000 metric tons of gold in the world, while the Bitcoin system will only be able to generate and support a maximum of 21,000,000 bitcoins until further technological advances are made. Given such similarities and their individual market activity over the past few years, it is understandable why many believe that bitcoin could ultimately replace gold in terms of value. However, in spite of this evidence, there are a number of reasons why this shift is unlikely to occur. The first reason that the bitcoin will never replace gold is because it still poses a great deal of financial risk. Despite its recent peaks in market value, the bitcoin continues to experience significant price fluctuation that often results in substantial losses. Furthermore, both the future and the viability of the bitcoin have yet to be determined, leaving many customers wary over the the security of their virtual savings in the event that the system becomes terminated or obsolete. With such instability and uncertainty surrounding the bitcoin, it is unlikely that it will generate the customer base to match, much less surpass, gold as an investment asset. Another reason that the bitcoin is unlikely to replace gold as an investment asset is that the system has yet to achieve full status as a truly "universal" and legitimate form of currency. Many countries, including Germany, Norway, Russia, France, Thailand and Korea, refuse to use the bitcoin for fear of potential loss. In fact, several have gone as far as making it illegal in their country. In contrast, there isn't a country in the world that would ignore the value of gold, much less prohibit its use. Therefore, until the bitcoin can reach the same worldwide level of legitimacy and approval that gold has, it will never be able to replace gold as a valuable commodity. The final reason that the bitcoin is unlikely to surpass gold as an investment commodity is that gold has consistently demonstrated signs of recovery since it plummeted by 28% in 2013. Many people presumed that the sudden drop in gold's market value was an indication that it had lost its status as a safe investment choice. However, a number of signs, such as the increase in debt-to-GDP ratio and the increase in the price of mining, suggest that gold will not only recover from its drop, but it will continue to thrive as a popular investment commodity. Consequently, as long as investors believe that gold can generate profits, they will continue to forgo any other potential replacements. Cryptocurrencies Are More Similar to a Fiat Money System Than You Think. The definition of “fiat money” is a currency that is legal tender but not backed by a physical commodity. Since the United States abandoned the gold standard in the 1970s, this has been the case with all major currencies, including the US dollar. Ever since then, US money supply has kept increasing, and so has the national debt. In contrast, the dollar’s purchasing power has been on the decline. The huge spike in gold prices started right around the time when the Bretton Woods agreement collapsed in 1971 and US paper dollars couldn’t be converted to gold anymore. A clear sign of the decline in the dollar’s purchasing power since the move into a pure fiat money system. It’s clear that cryptocurrencies partially fit the definition of fiat money. They may not be legal tender yet, but they’re also not backed by any sort of physical commodity. And while total supply is artificially constrained, that constraint is just… well, artificial. You can’t compare that to the physical constraint on gold’s supply. Some countries are also exploring the idea of introducing government-backed cryptocurrencies, which would take them one step closer toward fiat-currency status. So ask yourself, how can you effectively hedge against a fiat money system with another type of fiat money? An asset is only valuable if other people are willing to trade it in return for goods, services, or other assets. Gold is one of the most liquid assets in existence. You can convert it into cash on the spot, and its value is not bound by national borders. Gold is gold—anywhere you travel in the world, you can exchange gold for whatever the local currency is. The same cannot be said about cryptocurrencies. While they’re being accepted in more and more places, broad, mainstream acceptance is still a long way off. What makes gold so liquid is the immense size of its market. The larger the market for an asset, the more liquid it is. According to the World Gold Council, the total value of all gold ever mined is about $7.8 trillion. By comparison, the total size of the cryptocurrency market stands at about $161 billion as of this writing ,and that market cap is split among 1,170 different cryptocurrencies. That’s a long shot from becoming as liquid and widely accepted as gold. The Majority of Cryptocurrencies Will Be Wiped Out. Many Wall Street veterans compare the current rise of cryptocurrencies to the Internet in the early 1990s. Most stocks that had risen in the first wave of the Internet craze were wiped out after the burst of the dot-com bubble in 2000. The crash, in turn, gave rise to more sustainable Internet companies like Google and Amazon, which thrive to this day. The same will probably happen with cryptocurrencies. Most of them will get wiped out in the first serious correction. Only a few will become the standard, and nobody knows which ones at this point. And if major countries like the US jump in and create their own digital currency, they will likely make competing “private” currencies illegal. This is no different from how privately issued banknotes are illegal (although they were legal during the Free Banking Era of 1837–1863). So while it’s likely that cryptocurrencies will still be around years from now, the question is, which ones? There is no need for such guesswork when it comes to gold. Lack of Security Undermines Cryptocurrencies’ Effectiveness. Security is a major drawback facing the cryptocurrency community. It seems that every other month, there is some news of a major hack involving a Bitcoin exchange. In the past few months, the relatively new cryptocurrency Ether has been a target for hackers. The combined total amount stolen has almost reached $82 million. Bitcoin, of course, has been the largest target. Based on current prices, just one robbery that took place in 2011 resulted in the hackers taking hold of over $3.7 billion worth of bitcoin—a staggering figure. With security issues surrounding cryptocurrencies still not fully rectified, their capability as an effective hedge is compromised. When was the last time you heard of a gold depository being robbed? Not to mention the fact that most depositories have full insurance coverage. Hype and Speculation Continue to Drive Cryptocurrencies’ Value. Since the beginning of the year, the value of Bitcoin has more than quadrupled—a tremendous spike in value that has sent investors rushing to invest in cryptocurrencies. But could this be nothing more than a market bubble? One of the world’s most successful hedge fund managers, Ray Dalio of Bridgewater Associates, certainly seems to think so. In September 2017, he told CNBC, “It’s not an effective store hold of wealth because it has volatility to it, unlike gold. Bitcoin is a highly speculative market. Bitcoin is a bubble.” The spike in Bitcoin prices seems to only lend credence to this view. With such an extreme degree of volatility, cryptocurrencies’ value as a hedge is questionable. Most people buy them for the sole reason of selling them later at higher prices. This is pure speculation, not hedging . Cryptocurrencies Do Not Have Gold’s History as a Store of Value. Cryptocurrencies have been around for less than a decade, whereas gold has been used as a store of value for thousands of years. Because of this long history, we know for a fact that stocks and bonds have low or negative correlations with gold, particularly during periods of economic recession. This makes gold a powerful hedge. What little data we have on cryptocurrencies does not show the same. Consider this year alone: while the US stock market continues to run record highs, the same goes for Bitcoin. It’s true that gold has also gone up, but the correlation has been very low and, during times of recessions, tends to swing to the negative side, Since 2010, there have been 15 times where the S&P 500 has seen drops of 5% or more. Out of those 15 stock market downturns, Bitcoin has been down for 10 of them. How is that a good hedge? In Conclusion : With Gold , You will not gain much and will pay some commissions too, so you will likely be a net loss. Bitcoin is currently in a classical bubble. It’s not an “investment” instrument, unless you’re running a big and risk-balanced portfolio with an investment horizon of 20 years or more. If you’re an amateur investor and you mess with bitcoin, you should be aware that what you’re doing is not investing. It’s simple gambling. If you pull-out before the bubble bursts , you’ve won, if you are too greedy and catch the burst full-on, you’re busted. That’s all. It’s a fun game, true, it can make you rich fast, true, it is very likely you will never see that money you gambled with again, also true. Use Gold to store your wealth , and trade Bitcoin if you like and be careful with its sudden fluctuations , you could lose all your money overnight . And also use Bitcoin for a cross border transfer of wealth , this is the only use where I see bitcoin beating gold ,as Gold is very difficult to transfer across the borders . But the only thing you should not do, is to invest all of your life savings into Bitcoin or Gold . Diversification is the rule of thumb for smart investing .
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
The Weapon of Mass Deception is right in our living rooms
Information is power. When someone or something controls information, they also control the people absorbing that information. The manufactured and controlled information on TV could be referred to as the ‘signal’ and that constant signal is what shapes and guides the masses to form their ‘own’ conclusions. In order to take back our minds, we must first learn to unplug the signal and by turning off our TVs, will realise that the world is suddenly a very unfamiliar place. News of no consequence or importance is constantly debated, dissected and analysed, and as we listen-in to the conversations of people around us, we will thereby realise that most are simply ‘robots,’ repeating as fact what they have heard on the news or in ‘documentaries.’ This is exactly what bankster-puppet Zbigniew Brzezinski referred-to in his book ‘Between Two Ages,’ in which he said, “Shortly, the public will be unable to reason or think for themselves. They’ll only be able to parrot the information they’ve been given on the previous night’s news.” Today, the average American over the age of 2, spends more than 34 hours a week watching live television, plus another three to six hours watching recorded programmes. Staggering really. Children aged 2-11 watch an average of 24 hours of TV a week. That number dips to 22 hours for teens, ages 12-17 then, goes back up to 25 for 18-24 year-olds. After that it rises steadily until people over 65 average 48 hours a week, or nearly seven hours a day. And we wonder why no-one can grasp or is even interested in what is really happening in the world today?
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Hong Kong Riots -- Chaos as Riot police charge Protesters
#HongKongProtests #ExtraditionBill #FireTearGas Police in Hong Kong have fired tear gas as thousands of pro-democracy protesters gathered close to China's main representative office, in the latest mass demonstration to hit the financial hub. Sunday's rally came after protests over the past two months against a proposed bill that would have allowed suspects to be extradited to mainland China have grown increasingly violent. A march on Saturday in a rural northern town denouncing a bloody assault the previous weekend by suspected triad gang members ended in turmoil as riot police used tear gas, rubber bullets and sponge grenades to clear the crowds. On Sunday, a gathering in a park in Hong Kong's central business district began spilling on to surrounding roads. Black-clad protesters set off in several directions, clogging up major thoroughfares in an apparent attempt to stretch the police by splitting up their marches.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Blog Archive
“once a standing army is established, in any country, the people lose their liberty.”
George Mason
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
UNKNOWN
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
Stefan Molyneux
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN
Taxation is legalized Theft
UNKNOWN
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
Bob Dylan
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Steve Quayle
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon
The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow
When People lose everything and have nothing left to lose , They Lose It !
GERALD CELENTE
Your Greatest Teacher is Your Last Mistake
DAVID ICKE
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert Einstein
UNKNOWN
No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN
Freedom is not Free
UNKNOWN
Don't Steal The Government Hates The Competition
Ron Paul
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
Jesse Ventura
" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck
"Tyranny will Come to Your Door in a Uniform "
Alex Jones
"The Government is not The Solution to our Problems , The Government is The Problem "
Ronald Reagan
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Thomas Jefferson
Albert Einstein
Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki
Education is what you learn after you leave School
Robert Kiyosaki
" Schools were designed to create employees for the big corporations."
Robert Kiyosaki
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
Thomas Jefferson
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
UNKNOWN
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
UNKNOWN
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
UNKNOWN
Failure inspires winners but defeats losers
Robert Kiyosaki
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN