Friday, July 31, 2020

US GDP drops by a Third, The biggest GDP contraction since the Great Depression !!!


US GDP drops by a Third, The biggest GDP contraction since the Great Depression !!!







US Q2 GDP Crashes By A Record 32.9%, Worse Than Great Depression. The coronavirus pandemic triggered the sharpest economic contraction in modern American history, the Commerce Department reported yesterday. Gross domestic product — the broadest measure of economic activity — shrank at an annual rate of 32.9% in the second quarter as restaurants and retailers closed their doors in a desperate effort to slow the spread of the virus, which has killed more than 150,000 people in the US. This is about $1.75 trillion of lost econ activity. This is on top of $2 trillion Cares act spending. Admittedly 100% if funds were not distributed in q2. The quartering is just how much the Cares Act was in GDP number. Obviously, if all $2 trillion was in q2, then GDP would have been down 3.75 trillion or about 75%! So, GDP plunged by 33%, and billionaires are up 33%. What a world we live in! The economic shock in April, May, and June was more than three times as sharp as the previous record — 10% in 1958 — and nearly four times the worst quarter during the Great Recession. The second-quarter decrease in real GDP reflected decreases in consumer spending, exports, inventory investment, business investment, and housing investment that were partially offset by an increase in government spending. Imports, a subtraction in the calculation of GDP, decreased. That said, the biggest contributor to the overall GDP drop was the crash in consumption - the decrease in consumer spending reflected decreases in services (led by health care) and goods (led by clothing and footwear). Personal Consumption accounted for the bulk, or -25.05%, of the overall -32.9% GDP drop, and five times more than the -4.75% Q1 GDP drop. Business and personal investments plummeted, with a staggering 43.5% annualized rate decrease, or a 10.9% decrease from last quarter, on non-defense federal spending softening the blow of the shutdown. (Whereas decreased demand for goods only contributed to 2% of our GDP contraction, service consumption contributed to nearly a quarter, a plurality coming from the shutdown of the healthcare industry.) Predictably, the nation suffered its first quarter of deflation since 2009, with our PCE price index falling by 1.9%. The flip side to our deflation? Nominal losses are actually slightly worse than our real GDP contraction. So, we are in a depression now. A 10% decline of GDP in a single quarter defines an economic depression. And the Markets will rise because “we beat the expectations.” The biggest GDP contraction since the Great Depression - and it is like it never even happened - in a little over 4 hours. All bad news is Priced in, always. New All-time highs here we come. Who needs GDP when we have central banks? US stock prices are rigged by Fed computers. How else can you explain new all-time highs For stocks in the middle of a Depression. The Fed 500 is only down a few percentage points during this economic meltdown. It’s funny how seriously people take a market that is so blatantly staged. It’s like thinking a reality tv show is real. Caracas stocks up 300% this year. It is indeed where we may be headed. Of course, not as high as our currency will still be considered safer. But in the early stages of devaluation, it’s easy to confuse stock market gains meaning economic growth, when really it’s just devaluation. Of course, the issue is that there aren’t many better countries to run better. So we’ll be able to continue charade longer. Crashing the economy worked wonders for the market in Venezuela. If you like eating cats and having large returns, it is the place to be. And everybody over there is a millionaire. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. How many sectors would be dead without government intervention via bailouts? We've skipped the hundreds of billions, and gone straight to trillions. We've broken every tenet of Keynesian economic doctrine, by bailing out bankrupt, and non-viable businesses by money printing. It's over. The US economy is all but dead, and what comes next won't be pretty. And the looming evictions may soon make 28 million homeless. By comparison, 10 million people lost their homes in the Great Recession. This is what you get when every single Mayor and Governor across the Country shuts their state down, WHY IS THIS SHOCKING? AND WHAT DID we EXPECT? The response to Covid-19 has been more lethal and will continue to be more lethal than the disease. The body's response is what kills. Almost like it was planned to demolish the economy so effectively. In the Great Depression, politicians didn’t have Goldman Sachs showing up for lunch, to sell them on the idea that the taxpayer is totally irrelevant. “You can pay for anything, anytime, in any amount,” the sales pitch goes. The idiots believe it. That is the real pandemic: stupidity. We are witnessing in the United States one of the greatest failures of basic governance and leadership in modern times. Pretty pathetic that our government hands out free money to anything that moves, and GDP still crashes this much. Look at the FED balance sheet that didn't start three years ago. It was 2008........they are just kicking the can now. Remember when news like this would have crashed markets? But now it’s simply just another day on Wall Street. What would we do without Central Banks? The dollar is dead, and the world knows it. There is nowhere else to hide the mountains of dirt under the faux economy rug. Who would have ever thought that government mandating businesses shut their doors and stop all economic activity by telling people to stay home would cause GDP to go negative?? Maybe next, they'll show us a new study proving that water is in fact wet. For all that money the Fed was about to print, you needed an economic shutdown. The Corona was the excuse. I would say this has been the biggest crime portrayed in history. Things would have been much, much, much worse if it wasn't for all that free money from the federal reserve. Bringing the stock market back up when it was taking a dive greatly contributed to the wealth effect. If the stock market was allowed to collapse, that wealth effect would have instead become the poverty effect, and spending would have slowed dramatically. And the stimulus checks, and the $600 extra per week in people's unemployment benefits, which also came from free money from the federal reserve, helped the GDP numbers greatly. And that isn't even including all the other stimuli such as the payroll protection scam, I mean plan, the fed buying up all bad debt, etc. etc. So if it wasn't for free money from the federal reserve, the GDP would have tanked by at least 50% easily. So the Fed did a good job. A good job at duping people. Money is losing its value; debt is climbing, jobs are dwindling, the US will cease to function long before it can impose its will on the world. The world knows this fact very well and is just stringing along with the giant while it dies. And The one thing that Trump is going to accomplish—as he desperately struggles for re-election—is he’s going to finally rip off the Band-Aid. We’re going to have a real debate about this awful curse of Keynesian central banking. Trump hasn't taken on the Central Bank, and his issues with the Fed are for his own political ends. The belief Trump has gone after the FED, because of Keynesian central banking is blatantly absurd. At best, the above has happened due to the law of unintended consequences. Trump isn't trying to rip apart the Fed. He's trying to force their hand to allow for negative rates. You are seeing the true masters of the country. And it is not the populace. Every dollar printed is an obligation on our backs. People need to wake up and think about that and stop viewing their country from a perspective of blue versus red. They both are plotting our downfall. Until that happens, there is no reason for hope. That's just the way it is. The cockroaches of the FED never die; they keep feasting off the host and allow it to live long enough to generate more capital for the parasites to waste. Most of the money in the US is created by banks when they make loans. The only way to get extra money into the economy is to borrow it from banks, leaving us all trapped under a mountain of personal debt and mortgages. When you take out a loan, new money is created. As people borrow more, more new money comes into the economy. All the extra spending this newly created money funds gives people the impression the economy is doing well, which encourages them to borrow even more. As the debt goes up, so does the amount of money. FOR EVERY dollar OF MONEY, THERE’S a dollar OF DEBT. Because banks create money when people borrow, for every dollar of money in the economy, there will be a dollar of debt. If there’s $100 in your bank account, someone else must be $100 in debt. Across the whole economy, there will be as much debt as money. IF WE WANT MORE MONEY IN THE ECONOMY, WE HAVE TO GO FURTHER INTO DEBT. If we need to get more money into the economy – for example, during this depression – then we have to go further into debt to the banks. This is why the government is desperate to get banks lending again: if banks start lending more, they’ll create more new money in the process, and the people who borrowed will spend this new money. But if the financial crisis was caused by people having too much debt, how can the solution be for people to take on more debt? IF WE TRY TO PAY OFF DEBT, THEN MONEY DISAPPEARS. When you pay down your debts, the money that leaves your bank account doesn’t go to anyone else – it just disappears. This is because loan repayments are just the opposite process to money creation: banks create money when they make new loans, and effectively destroy money when they repay loans. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!









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Thursday, July 30, 2020

👉How to Invest in Gold - Physical Gold (Bullion) vs. ETFs


👉How to Invest in Gold - Physical Gold (Bullion) vs. ETFs






Gold price this week broke the 2011 all-time high of $1,920. I have never considered the $1,920 level important. Since gold has in the last couple of years made new highs in all other currencies, it was always clear that the high for gold in dollars would be breached. Only surprising that it took 11 years. But we must remember that gold is not going up, but the dollar is collapsing. Just this century, the dollar has lost 85% of its value in real terms – gold. As the dollar reaches its intrinsic value of zero in the next few years, it is obviously totally meaningless to measure gold in dollars since the price in worthless fiat currency will be infinite. Gold and silver are not investment; they are savings accounts. pure and simple. Gold and silver are real money, so it is the choice for people with integrity, intelligence, and responsible people who want to protect the value of their savings. Gold and silver is the enemy of the Fed's unlimited fiat currency creation, creating massive under-reported inflation and is the enemy of the government's continuously increasing spending to create unpayable budget deficits. Therefore, the virtuous, rational-thinkers choose gold and silver over the evil monsters. Every time Gold looks like hitting two grand, the bankers' monkey hammer it back down. But it keeps going back up. The severity with which JPM and the fed metal manipulators hit the gold breakout, clubbing it down temporarily, reveals how desperate they are to prevent any price runaway that will reveal the impending failure of their ill-conceived, hail-mary effort to forestall the ongoing credit and financial collapse. While Gold Silver prices are on fire. The Fed and the Corrupt Crooks on Wall St. are in a panic and are very desperate. Do not sell your gold or silver cause you ain't seen nothing yet. GOLD IS KING. The Federal Reserve knows this is all over. Their final hail mary. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Investing directly in commodities, such as gold or oil, tends to be more difficult for investors than investing in stocks and bonds. A major reason for this is that stocks and bonds are readily transferable and easily accessible to the average investor. Traditionally, commodities have been more difficult to invest in due to the complex way in which they trade through the futures and options markets. In other words, an investor can't just buy a barrel of oil. Precious metals have been a store of wealth for millennia. Owning coins, bars, or jewelry used to be the only option to invest in gold, silver, or platinum, but today’s investors have a number of alternatives. In addition to bars and coins, you can also hold precious metals certificates, metals-backed exchange-traded funds (ETFs), and closed-end bullion funds. Gold is more accessible to the average person because an investor can easily purchase gold bullion (gold in its physical form) from a dealer or, in some cases, from a bank. However, with the advent of more advanced financial instruments, gold, along with other commodities, has become much easier to invest in without having to buy the physical metal. There are now exchange-traded funds (ETF) that replicate the movements of the underlying commodity, giving investors direct exposure. While not every commodity has an ETF, both gold and oil have ETFs. For example, the SPDR Gold Shares (ticker symbol GLD) trades on the New York Stock Exchange and can be traded at any time throughout the trading day. Each share of the ETF represents one-tenth of an ounce of gold, so if gold is currently $1,9500 an ounce, the gold ETF will trade at $150 per share. This investment product is one of the easiest and least expensive ways to access the gold market. In general, investors looking to invest in gold directly have three choices: they can purchase the physical asset, they can purchase an ETF that replicates the price of gold, or they can trade futures and options in the commodities market. #1 Physical Gold. Physical gold provides the most direct exposure to gold. Gold in bulk form is referred to as bullion, and it can be cast into bars or minted into coins. Gold bullion’s value is based on its mass and purity rather than by monetary face value. Even if a gold coin is issued with a monetary face value, its market value is tied to the value of its fine gold content. Investors can buy physical gold from government mints, private mints, precious metal dealers, and jewelers. Because different sellers may offer the exact same item at different prices, it is important to do your research to find the best deal. When you purchase physical gold, you must pay the full price. Physical gold ownership involves a number of costs, including storage and insurance costs, and the transaction fees and markups associated with buying and selling the commodity. There can also be processing fees and a small lot of fees for investors making small purchases. While collectively, these costs may not significantly affect someone looking to invest a small portion of their portfolio in gold, the costs may become prohibitive for investors seeking to gain larger exposure. Bars and coins are the most direct way to hold precious metals. Government minted bars and coins like the American Gold Eagle or Canadian Maple Leaf have a guarantee of the purity and can be purchased through authorized dealers. However, when holding bullion directly, investors are responsible for its storage and insurance and their ongoing costs. Also, bullion dealers charge a mark-up to your purchase price of coins and bars and buy them back at a discount. As well, bars and coins may not be easily traded. In the U.S., precious metals are considered to be collectibles like art, rare books, and fine wine. Provided you hold it for more than one year, for tax purposes, the capital gains tax on your net gain from selling a collectible is 28%. This level of tax is considerably higher than the tax rate on most net capital gains, which is an average of 15% for most taxpayers, according to the IRS. #1 If you sell a collectible in less than one year, the proceeds will be taxed as ordinary income. #2 Gold ETFs. Unlike physical gold, ETFs can be purchased on margin, meaning that investors only front a percentage of the investment’s value. ETFs allow investors to access gold while avoiding the costs and inconvenience of markups, storage costs, and security risks of holding physical gold. An investor will lose a percentage of his or her investment’s value each year to the fund’s expense ratio. An expense ratio is the recurring annual fee charged by funds to cover its management expenses and administrative costs. Precious metals exchange-traded portfolios are a popular way to gain exposure to precious metals without the inconvenience of storing and insuring physical bullion. Exchange-Traded Funds (ETFs) and Closed-End Funds provide investors with access to physical bullion with the daily liquidity of an exchange-traded security. Exchange-traded bullion funds are open-ended funds that issue shares backed by metals. Investors do not have direct beneficial ownership of the bullion and have no option to exchange their shares for physical metal. If investor demand outpaces available shares on a given trading day, the ETF will issue more shares to satisfy the demand and acquire more metal with the proceeds. Conversely, when there are more investors selling than buying, the ETF will redeem shares and sell the equivalent value of the metal. While bullion ETFs mostly hold allocated metals, they also hold unallocated metals to facilitate the creation and redemption of shares. In addition, the custodian that stores the metal is typically a bullion bank, which can create counterparty risk in the event of bankruptcy or insolvency. While bullion ETFs mostly hold allocated metals, they also hold unallocated metals to facilitate the creation and redemption of shares. In addition, the custodian that stores the metal is typically a bullion bank, which can create counterparty risk in the event of bankruptcy or insolvency. In the U.S., for tax purposes, bullion ETFs are considered collectibles by the IRS. The capital gains tax on an investor’s net gain from selling a collectible is 28%. #3 Closed-End Bullion Funds. Closed-end bullion funds are similar to ETFs, but issue units through initial public offerings and follow-on offerings and can cancel units through buybacks. The units are usually fully backed by allocated bullion. Because there is a fixed number of units at any given time, they may trade at a premium or a discount to their net asset value, depending on investor demand and whether there is an option to redeem for physical metal. Some closed-end funds are considered Passive Foreign Investment Companies (PFIC) and may offer more favorable tax treatment compared to coins, bars, precious metals certificates, and ETFs for non-corporate U.S. investors. Conclusion: The transaction costs associated with gold ETFs are often lower than the costs related to the purchase, storage, and insurance of physical gold. It is important to research the various costs, fees, and associated expenses of each type of investment to determine the investment that is both affordable and suitable for your portfolio. Precious metals ETFs may seem like an easy way to invest in gold and silver. But investors should understand that convenience comes at a price. My opinion is gold doesn't stop going up this time. The more they monkey hammer it, the more people will buy it. A self-fulfilling prophecy. Time to choose people. Paper or Gold? How strong is your faith in your government? This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!









The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Wednesday, July 29, 2020

👉Gold or Bitcoin - Where to Invest today in 2020 ?


👉Gold or Bitcoin - Where to Invest today in 2020 ?




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 the 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. In contrast, Gold is Limited, Divisible, Counterfeit-Resistant, and Virtually Indestructible by Nature. Gold is an asset that can never go to zero. Bitcoin is a cryptocurrency that 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 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. The 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 are 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 that 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 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. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. 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, the 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 of 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 2019, 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 a rule of thumb for smart investing. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!














The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Gold and Silver Booming, The Economy Crashing









Gold and Silver Booming, The Economy Crashing For years, some of the brightest minds in the precious metals industry warned that the price of gold and the price of silver would both rise dramatically once the global economy inevitably collapsed, and it turns out that they were right on target. What we have been witnessing over the last several weeks has been nothing short of stunning, and many experts believe that this is just the beginning. But I was actually going to write about something completely different today. A major skirmish between Israel and Hezbollah along the Lebanese border put the entire region on edge for a few hours, but things appear to have cooled off for the moment. So it doesn’t look like a huge regional war in the Middle East will start today, but as I discuss in my brand new book, it is just a matter of time before a massive conflict does erupt and I will be watching developments very closely. There are so many elements of “the perfect storm” that is now upon us, and global events are happening so fast that it is hard to keep up with them all. But one thing that you can pretty much count on is that almost every piece of bad news is going to be good news for the price of gold and for the price of silver.






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Monday, July 27, 2020

👉Amazon is to Blame for The Retail Apocalypse and Ghost Malls


👉Amazon is to Blame for The Retail Apocalypse and Ghost Malls








First there were separate stores and catalogs, then malls, now separate stores, and Amazon. Now, Amazon is doing to Walmart what Walmart did to other retailers. NAFTA, Amazon, and the baby boomers. The trifecta that destroyed America. It’s obvious to anybody living outside of the Empire’s sheltered compounds. Retail is dying. Large malls, strip malls, and small shops have closed everywhere. Retail is dead. They want everyone penned in like cattle and ordering crap from the internet. The one store that never goes out of business is the liquor store. Since June 2015, retail chains have accumulated more than $45 billion in aggregate chapter 11 liabilities in connection with over 80 bankruptcy filings. As a result, the tipping point for US commercial real estate is approaching fast, begging the question whether WeWork's upcoming bankruptcy will be the straw that finally breaks the camel's back. The Malls have lost a lot of diversity of what they once offered back in the 1990s. Now, its primarily all clothing stores, and maybe an Apple phone shop, and a dumpy food court, and that is it. Also, many of the shops that are moving in aren't retail at all, but rather services, like for nails, tattoos, and other useless stuff. Bookstores like Walden's Barnes and Noble and Borders, science stores, hardware and implement stores like Sears and Montgomery Wards, outdoor shops like the Nature Store, community employment centers, pet shops, electronics shops-like Radio Shack, Movie theaters, Bergner's, record stores like Sam Goody's, KB Toys, the Sharper Image, the Imaginarium for kids, even many shoe stores like Payless and Rockport all have closed. Those are all gone. Those clothing stores that are left, are having tough competition among themselves in an already over-saturated market, and with customers who simply don't have the money to buy any longer. Those malls will eventually close because of that. This is not to mention anything about the high overhead that the malls charge merchants to rent space there, and the mall's management inability to keep some diversity there to attract customers who want to buy something else other than clothing. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. It is difficult to quantify all the damage Amazon has done to America as it has burrowed its way into the fabric of society. Amazon is the destroyer of the stores that provide valuable jobs. Amazon's coming Prime Day global shopping event is the perfect time for consumers to just say no to the company that employs an engulf and devour strategy to weasel its way into our lives. It is difficult to quantify all the damage Amazon has done to America as it has burrowed its way into the fabric of society. This company has exploited communities by continually telling consumers it is the answer to a "better America" while it feeds at the government teat. Only after it has wrecked communities leaving many Americans jobless and retail stores sitting as giant empty shells might short-sighted consumers finally see the airs of their way. Amazon is bad for America - it is that simple! An example of this surfaced a while back when it was reported that Amazon would be allowed a two year trial in New York state to ship food to customers and be paid with their EBT cards. This would, in effect, hammer Amazon's competitors that were not allowed to do the same. While nobody seemed to care, this translates into grocery stores willing to locate in poorer areas losing business to a company unwilling to locate in these less desirable markets. This is a rather self-defeating in that it rewards those unwilling to commit to making the community better and damages the brick and mortar stores that will. Not only do these stores pay local real estate taxes and provide jobs for those in the community, but they also are forced to deal with a huge number of shoplifters. It galls me to no end to see retailers in our communities going out of business as the US Postal Service bends over backward to give Amazon a special edge. This is very wrong! Considering that the USPS has had to purchase special equipment such as larger trucks to deliver packages for Amazon, it is not difficult to reach the conclusion the USPS is simply in cahoots with Amazon or willing to sell out the rest of American businesses for a few dollars in revenue. On Memorial Day, I saw the USPS delivering a package for Amazon. Please name another company that gets this type of special treatment and service from the post office. This is a time when most stores are closed so their employees can be with their family, ironically, in the past, many retailers have reaped public outrage for staying open and trying to profit during major holidays. People often claim to expound old-time values such as cherishing personal relationships with the people in their neighborhoods that they do business with. Sadly, without much thought, these "Hallmark moments" are often thrown under the bus. While consumers may cherish the help and advice supplied by Fred at the local hardware store, they can rapidly become disloyal when seduced by a good ad appearing online. It seems some consumers become almost giddy at the thought of receiving a package from an online seller mistaking it for a gift. The truth is these packages are not free. Even if they are paying the same price, such goods come with a hidden cost levied against their community. That cost is lost jobs, local sales, and a lower tax base. This is why if prices are anywhere near the same, it is wise to "do the right thing" and support your local merchants. On another note, when things get tough, that is when you find out who your friends are. I remember the eyes of the nation turned towards Florida when Hurricane Irma was bearing down with category five winds, and companies like Walmart and Target queued up to give back to the communities that supported their stores. In one heartwarming commercial, we saw Walmart paints a picture of America coming together, supporting those who saw their lives washed away by Hurricane Harvey just days before. Meanwhile, Amazon.com increased prices on basic supplies ahead of the hurricane’s landfall in Florida. The fact Amazon jumped the cost of water drew the most ire. Kate Taylor of Business Insider reports, customers took to Twitter to share screenshots of water from various brands — for example, Aquafina and Nestlé — priced roughly between $20 and $25 per case. Usually, the same cases of water sell for between $4 and $8. The bottom line is Amazon gouged customers for about 500 to 625 percent. Over the years, Amazon has employed an "engulf and devour" strategy that takes no prisoners. It even crushes merchants working on its platform by stealing their product ideas and undercutting them on prices. This is done by giving their own Amazon-branded products premium real estate on their website. Amazon has also been stepping up efforts to recruit Chinese suppliers and manufacturers directly, which cuts small American merchants out of the picture. As these new Chinese players have entered the picture, "an explosion" of counterfeit products and fake reviews have hit the site. This is an issue prominent in Chinese e-commerce. With US shoppers estimated to spend $317 billion on Amazon this year or about 52.4% of all online sales. profits have increased for seven quarters in a row. Amazon has become a formidable force. I ask all consumers to see Amazon for what it is, a self-promoting hype machine. This company is far from transparent, and while politicians fall over themselves to be in its shadow, it is not our friend. Because of its massive advertising budget and other ties to Amazon, we find the media often seems to be in bed with Amazon and fall all over themselves to portray the company as both the flavor of the day and the future of commerce. This means you seldom hear anything bad about the retail behemoth that has the power to turn most news articles about Amazon into nothing more than free advertising that is spun to place the company in a flattering light. Current tax laws at the local, state, and federal levels have changed little over the decades and lag far behind how business is conducted in our modern age. This feeds directly into creating an unfair advantage for Amazon, which has used them as a foundation to fuel its growth. Still, even more, troubling is how the company has created an environment that draws in other sellers of goods than in a predatory manner undercut their ability to compete. When you add these actions with Amazons growing influence in Washington due to its strong relationship and contracts with the CIA and deep state and its CEO's ability to drive public opinion through the Washington Post, we have every reason for grave concern. Remember the proverbial saying 'power corrupts; absolute power corrupts absolutely.' India has tightened the noose on E-retailers, and America should be too. Understanding the value of brick and mortar stores to local communities, India has placed several restrictions on E-retailers in order to level the playing field and make things fair. By far, the worst abuser of the current e-commerce system here in America is Amazon, which has developed strong ties with the government. Amazon has even incorporated a complacent United States Postal Service is expanding its advantage over businesses by delivering Amazon packages at a discount, and even on Sunday. To make matters worse, state and local governments have put special packages together with incentives aimed at luring Amazon to build in their areas oblivious to the damage it will cause in the coming years. I strongly urge people to consider what kind of community and society they want in the coming years before jumping on the Amazon bandwagon. Amazon excels in creating illusions that fail to hold up under scrutiny. For all the praise, many people and politicians heap upon small business. They are often quick to cut the very throat of the creator of much of our wealth and jobs. India recently tightened the noose on E-retailers, and America should too. America also needs to investigate ways to level the playing field and protect brick and mortar retailers that provide jobs and are so important to the fabric of communities. Since Washington has become tangled up in its own feet and unable to get anything done, it is time we the people take action. That is why I again state, "Amazon is bad for America" I urge you to boycott anything Amazon. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
















The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Sunday, July 26, 2020

👉Neofeudalism , Global Neo-Serfdom, Debt Deflation, and Debt Peonage Explained


👉Neofeudalism , Global Neo-Serfdom, Debt Deflation, and Debt Peonage Explained







Neofeudalism , Global Neo-Serfdom, Debt Deflation, and Debt Peonage Fiat Money is not just Theft -- Fiat Money is SLAVERY. Throughout history, many commodities have been used as currency. Cows, beads, and seashells have all been used in trade. Paper currency is simply more convenient when buying a pack of gum at Walgreens, but it isn’t money. The US government has designated the dollar as currency, while at the same time arbitrarily attributing some type of value to that dollar. Your dollar could be worth X today and Y next month. The US dollar has lost 90 percent of its value since 1950. But it’s still the same dollar. Giving the federal reserve the power to print US currency was the beginning of the end. It happened long before most of us were born on December 23, 1913. The Federal Reserve, like most global central banks, continues to print fiat currency at unprecedented speed. As these dollars flood the economy, the value declines. Fiat money has been around for hundreds of years, and many of them have vanished due to hyperinflation. Paper currency has led to the collapse of almost every economy that has tried to institute a fiat currency to trade for goods and services. It’s not looking very well for the once-mighty dollar, either. Throughout history, attempts at using fiat currency, even today, have failed. When the government prints fiat money that isn’t backed by any value, disaster inevitably ensues. Still, the long history of failed fiat currency is being ignored by today’s money printers. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; religious or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value fairly stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far greater source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on them null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. You accept, condone, and support your own slavery. You live and die and kill for fake money in full contempt of, and in opposition to the truth (reality), honor, and justice. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The perfect dictatorship would have the appearance of democracy, a prison without walls in which the prisoners would not dream of escape. A system of slavery where, through consumption and entertainment, slaves would love their servitude. Everywhere you look, the nation-state seems to be stumbling badly. In developing countries, internal order has broken down, as governments have lost touch with political realities on the ground. Even in the supposedly well-governed developed world, the nation-state seems to be showing its age, as evidenced by a string of financial crises stretching from Wall Street to the eurozone, as well as by the calamity of the United States’ adventurism in Iraq. Simultaneously, humanity is facing increasing global challenges for which the concept of the nation-state is ill-equipped to provide solutions even via existing multinational institutions. These challenges are as broad as religious confrontation, global terrorism, nuclear proliferation, global warming, international immigration, pandemics, and economic inequality in the West caused by an increasingly global labor market. Cue the ongoing international populist explosion – driven by the economic slowdown and certainly fuelled by a sensationalist press – in which voters are rejecting traditional political leaders in favor of outsiders who delight in disrespecting and discrediting established institutions of the nation-state. A self-feeding frenzy between the new political elites, the media, and the people has been initiated and is starting to devour the structure of the very nation-state to which a free press was so essential in the past. Contrary to the fevered imaginings of European federalists, however, the nation-state cannot simply be wished away like an annoying anachronism of a bygone age. Rather, the dirty little secret at the heart of our new era is that all the rising powers – be they China, India, South Africa, Indonesia or Brazil – are more sovereigntist, more nationalistic and more wedded to jealously preserving their national prerogatives than is even the United States, long the bane of post-national dreamers. Instead, it is the supposedly modern, post-nationalist European experiment that seems to be in terminal decline. Both intellectual defenders of the nation-state and its critics seem to be largely wrong at present. As of now, we live in a bewildering world, where the nation-state is both not working very well and isn’t about to be replaced. The end product of today’s Western capitalism is a neo-rentier economy—precisely what industrial capitalism and classical economists set out to replace during the Progressive Era from the late 19th to early 20th century. A financial class has usurped the role that landlords used to play—a class living off special privilege. Most economic rent is now paid out as interest. This rake-off interrupts the circular flow between production and consumption, causing economic shrinkage—a dynamic that is the opposite of industrial capitalism’s original impulse. The “miracle of compound interest,” reinforced now by fiat credit creation, is cannibalizing industrial capital as well as the returns to labor. The political thrust of industrial capitalism was toward democratic parliamentary reform to break the stranglehold of landlords on national tax systems. But today’s finance capital is inherently oligarchic. It seeks to capture the government—first and foremost, the treasury, central bank, and courts—to enrich (indeed, to bail out) and untax the banking and financial sector and its major clients: real estate and monopolies. This is why financial “technocrats” (proxies and factotums for high finance) were imposed in Greece, and why Germany opposed a public referendum on the European Central Bank’s austerity program. There are two paths this new economy might take. One, more widely covered, is Darwinian. People at all ends of the socio-economic spectrum become Uberised, as both blue- and white-collar jobs are handed out piecemeal to the lowest bidder. Already, eastern European designers and Indian radiologists are undercutting their full-time peers in more developed countries this way. The labor markets start to resemble a feudal marketplace in which the lord shows up each day and says, I'll take you, and you, and you. The labor share of the pie, which has been shrinking across the developed world for the past four decades, continues to decrease. Stagnant growth and polarised politics continue. But there is another possibility. Platform technologies used by companies such as Uber could, with a few crucial tweaks, enable a return to a more be­nign, pre-industrial form of capitalism. The influence of corporate money on Congress is exacerbated by how out of touch congressmen are with the daily struggles of most Americans. The median net worth of congressmen is $913,000 as compared to $100,000 for the rest of the population. Aside from being immediately wealthy, Congressmen also weathered the tribulations of the financial crisis much better than the average American. An analysis of congressional finances by The Washington Post in October 2012 revealed that the wealthiest one-third of Congress was largely shielded from the effects of the Great Recession. While the median household net worth of the average American dropped by 39 percent between 2007 and 2010, the median wealth of congressmen rose 5 percent. It rose 14 percent for the wealthiest one-third. At a time when most people in the country are suffering, congressmen are profiting. This alone should demonstrate how out of touch our elected leaders have become. Members of Congress, entrusted to represent the best interests of the average American, instead play out a stilted, ineffective soap opera on our TV screens, complete with phony discussions of fiscal cliffs and debt ceilings which take the place of real proposals for meaningful change in the country. There is no voice for the working Americans in the halls of Congress, the American who was promised a life beyond taxes, debt, and unemployment. There is no voice for the peace-loving American, the American who understands that America’s military might is meant for defense of the homeland, not looking for trouble in faraway lands. There is no voice for the American who expects his representatives to abide by the Constitution, who laments the way Congress, the President, and the Supreme Court work together to take away our rights piece by piece. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!


























The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Saturday, July 25, 2020

👉Gold Prices Set to Break The All-Time High Record of $2000/oz



Gold Prices Set to Break The All-Time High Record of $2000/oz




 Gold may be a barbarous relic, but we live in barbarous times. Gold prices scored their best weekly gain in three months, with prices of the yellow metal breaking above the $1,900-mark for the first time since September 2011 on Friday. Gold prices finished at 8-year highs and continue to accelerate higher. The $2,000 mark for gold will be very easily broken. Gold prices closed the week up more than 5%. They have climbed by around 50% since the summer of 2018 when the metal bottomed under $1,200 an ounce. The yellow metal also has climbed around $400 an ounce from March’s COVID-19 crash, its steepest 17-week gain since the very tops of September 2011 and before that January 1980. Gold will keep going well beyond $2,000 with so much money printing across the globe devaluing currencies. The Asians sell gold when it strongly rises, but the West buys high into rallies. Holding since 1971 at $35 an ounce has been very profitable, but it requires patience and resolve to ride through the wide swings. Gold has long cycles: 12 years is not uncommon. Gold is the real money, and it has been proven after government invasions of countries to steal their gold and central banks buying records amounts of gold. Gold will most likely see $2,500 by the end of the year, maybe higher. In turn, Real Estate will take a massive correction (eventually) as the foreigners are forced out of the US Money Laundering business. Metals represent the only real tangible thing left in a sea of funny money, digital numbers, and a world crushed by debt and bad decisions. Why is this happening now? Because everyone knows we are screwed and wants physical. Trillions and trillions of stimulus and debt for the hopeless degenerates generation. It'll never be repaid without a serious devaluation of the debt of the currency, and the Fed will continue to accommodate with vigor to keep the government solvent. Gold bugs have always said it, but the virus and social revolution have accelerated the timeline. Gold goes up because the US Dollar goes down related to dollar debt. After world war 2, the USA had a dollar gap; now, a dollar overflows into debt. Not one politician has the courage to tackle the dollar debt crisis. The real reason for Obama attacking Libya has nothing to do with humanitarian reasons. It has everything to do with a gold heist. Obama unlawfully sent U.S. forces to attack Libya to control the country’s vast oil (black gold) resources and its 144 tons of gold bullion. Gold is among the rarest of elements. We can fit all gold ever mined into a swimming pool. The dollars of nothing used to purchase this extremely rare metal are CREATED FROM NOTHING with no limit. There is NO limit to how much the value of dollars can be diluted (inflation). Those 185000 tons in existence equal 5.92billion ounces. There are not enough ounces to give each person on the planet just one ounce. It might be true to say only 500 million on the planet can afford to buy gold. That is less than 12 ounces per person in that group. If that 500 million people each attempted to buy just one physical ounce of gold in the next six months, that equates to over 15000 tons of gold that would have to be made available. Silver is exploding for the same reason. Silver has even better fundamentals and long term outlook. Silver is suppressed for 135 years because it is the stick in the heart of the vampires who run the Central Banks. If you want to buy physical silver in the open market, you will pay a minimum of about $30 per ounce. Buy as much as you can on the fake Comex for $23, and even a 2nd grader can figure out there is a HUGE profit margin. Physical silver and gold RULE the price in the long haul. Smart people buy physical on the Comex at a HUGE discount and store it away in a private, secure location. On Friday, the few big banks traded 250 MILLION paper silver contracts. At 5000 / ounce, and the open interest DID NOT CHANGE. Do you understand what that means?? It means NO money traded hands. They trade a billion two in silver, and no money was exchanged. We are lucky if we have two billion on the entire planet YET. The CFTC, the Government regulators, allow a few big banks, JP Morgan, Citi, and HSBC to trade a billion ounces in one day, which does not exist, and they do not have in their vault. At least 400,000 tons of "gold" are traded on the Comex per year. The COMEX is not a joke. It is a Criminal Fraud being used to con everyone into thinking the spot price of silver should be 23 dollars per ounce. They don't call it the CRIMEX for nothin'! Unless you have physical gold, then you have nothing but an IOU, and your paper gold is costing storage fee scam. They sell the gold held over many times, just the same criminals at work fleecing the people. When will people stop buying the same ounce of Gold on paper 100 times over. They do not have it to give to you physically. About 50% of silver is used industrially, and the amount increases by about 4% per year. The supply of silver mined has been going down modestly prior to this year but perhaps much more of a decrease this year. And silver is 90/1 versus gold price, which is absurd. About 50% of silver is used industrially, and the amount increases at about four percent per year. The supply of silver mined has been going down prior to this year but perhaps much more of a decrease this year. And silver is 90/1 versus gold price, which is absurd versus coming out of the ground 8/1 by weight. So, there are about 2 billion ounces of silver above ground on the planet. A little more or less. We mine 800 million ounces per year. Not this year as 60% of the mines shut down for three months for the COVID. APPLE, ONE COMPANY, has 250 BILLION on hand in CASH. Not what their stock is worth. Just in cash. Apple could purchase ALL the above-ground stockpiles of silver at 23 dollars/ounce and still have 200 BILLION left over to buy bubble gum. Apple. Who builds tablets in China with slave labor at 50 dollars and sells them for 500 USD and... pays an effective tax rate of 1.9% on all of it... Now: Riddle me this, Batman... The Government needs tons of silver to build their weapons. Samsung to build their phones. Tesla to build their electric cars. Chain to build their solar. Industry to manufacture everything using tons of silver in tiny amounts. If everyone on the planet had to go to APPLE to buy their silver, they could NOT live without. What do you think the price would be?? Would Apple sell their silver for 50?? a thousand.. 2 or maybe even 3 thousand per ounce?? Who thinks they would settle for 20 bucks?? SILVER IS the Rarest, most useful commodity on the planet, and YOU ALL listened to the Globalist. The liars who call you all useless eaters. Convinced you silver is worthless when YOU could have bought it at 5, 10, or 15 dollars an ounce and changed your life and the life of your family. It is not even close to being late; the gold to silver ratio is still over 80 and should go below 20. silver will hit $200 minimum in the next couple of years at most. The reason silver certificates were pulled in 1963 was that the commodity value in a silver dollar for the first time rose above $1. It surpassed $1.33/oz in that year ( a silver dollar is 75% silver). It's now $17/oz. That should be all you need to know about how our monetary system works. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The loss of value in fiat and the rush into gold is caused by loss of confidence in fiat. Prediction: So one method they will use to crush gold price will be by attempting to crush confidence: a massive "scandal" of fake gold bars, banks being "taken," consumers "finding" fake one-ounce coins they claim to have bought from reputable dealers, central banks rushing to examine the bars in their vaults, etc. Hopefully, delivery demands will uncover the scam the COMEX is. The scam, which is an old racket, is fractional reserve trading of gold. As long as some big holder can keep a lot and trade-in promises to own it without delivery, that scam is profitable. This is known as banking. The only way to break them is for everyone to buy a safe and hold their own. The massive increase in demand cannot be met with the fake data/paper claims of silver reported by the Comex. The COMEX is dying a very slow and painful death (rightfully so!) With each person standing for DELIVERY! If this delivery trend continues, they cannot keep the price of gold and silver down by selling paper. And hopefully, that will lead to real price discovery for gold and silver, which will happen at unimaginable levels. If the little Robin Hood idiots would stay out of GLD and SLV, metal would do much better. Crash the COMEX. Demand delivery! Comex is a fraud. They don't have the gold and silver they claim to have. That spot price is fraudulent too, given the massive increase in demand. The CFTC does not investigate the Comex for market rigging! It is being paid to look the other way. Comex is and has been a giant fraud wherein all colluded to control the narrative. It won't be long now; the destruction of the economy is about to complete. Printing money and handing it to the people will accelerate, and so will the price of goods. The lack of confidence in the currencies will drive bullion out of the market, and mayhem will abound. Due to the unprecedented level of monetary stimulus, the party will continue at least into 2021, at which time the Dow will exceed 30,000. When the bottom drops out, the only investments on Wall Street that will offer protection will be precious metals, tips, and cash. The last audit of Fort Knox showed 956 tonnes of good delivery gold in 1975. The chances that even a fraction of that is still there, given the Keynesian training of FED and Treasury officials, is slim. Buy gold and end the FED, the dollar is being turned into toilet paper! The Fed and the Corrupt Crooks on Wall St. are in a panic and are very desperate. Do not sell your gold or silver cause you ain't seen nothing yet. GOLD IS KING. It is the money of Kings. Silver is the money of Gentleman. Barter is the money of Peasants. Debt is the money of Slaves. If you don't hold it, then you don't own it. Keep Stacking. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy, friends!


















The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Friday, July 24, 2020

The End Of The Dollar Era Approaching


The End Of The Dollar Era Approaching




The End Of The Dollar Era Approaching A dollar crash is virtually inevitable. The stronger dollar era may be on borrowed time. The era of the U.S. dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end. The days of the dollar as the world's reserve currency are numbered. This does not bode well for the future of the U.S. We have lost our leadership position in many areas. The decline will be painful. Oil and gold are starting to trade in other currencies. When the US dollar is no longer the world standard, America is in real trouble. The Federal Reserve deserves a huge part of the blame. The dollar is losing value against all major currencies. We have almost no savings and mountains of debt. We can't pay our bills unless the FED monetizes it. The Political situation turning US Dollar lower, and it will continue/accelerate downfall with more political turmoil/uncertainty. Some countries' heavy Dollar reserve holders will find themselves losing a lot of purchasing/exchange value. Trump destroyed confidence in the US, and he's alienated a ton of countries, including allies. China and Russia have already started trading oil in a non-dollar currency. If there's an alternative, other countries are certainly open to pursuing and using it. What's the dollar's future now that the Fed created an additional $5 trillion in just the last few months? This is an election year. The Fed could bail out every state, city, corporation, and pension plan even if it costs $50 trillion. They're going to use dollar bills as toilet paper within five years. Probably for three years. When the fed is printing trillions of dollars a month, something will eventually need to give. In 1981 the total debt was around 1 trillion, we are now adding that much each month to both the fed balance sheet and the national debt. Zimbabwe here we come. The dollar is a dead currency walking. With the Fed now creating more dollars in a month than they used to do in a year, we're going to have hyperinflation like Zimbabwe or Weimar Germany or Venezuela. Massive money printing always leads to hyperinflation. I expect the dollar to be dead within three years. China has been making deals all over the world to trade with other countries in the Chinese currency. The banknote known as the dollar was placed in a coffin by Nixon. Removing even the idea gold was backing the currency spelled its death. It is being buried six feet at the moment. May the fiat standard stay below ground. All fiat eventually goes to zero. As the US continues to pump phony money eventually, we will be papering our walls with it. The Ruble and the Deutschmark at their lowest come to mind. SDRs which were created by the IMF is a basket of currencies, albeit with the US dollar as the main currency. But that can change. With all that is going on in the US, more countries will look somewhere else. First the dollar falls, then rampant inflation kicks in. The US has done a magnificent job with the smoke and mirrors while debt keeps rising, now the rest of the world is waking up to the fact that they might not be able to pay back all the loans. In principal, US dollars should lose 50% of its value by 2025 due to infinite QE that will have printed close to $20T by then. But, the strength of a currency is relative. If you put $1 in a T-bill in Jan 2000 and held that until Jan 2015 before cashing it in, accounting for interest paid, taxes on that interest, and the currency devaluation over those 15 years, you would have just 75 cents of the original buying power of that dollar left. Investing in the US is a bad financial decision. The rest of the world is waking up to that realization. The US dollar today has just 2 cents the purchasing power it did in 1950. When it finally loses its World Reserve status, it will jump from $1800 per oz of gold to $30,000 per oz of gold within a year, and the US will become just another 3rd world debtor nation. The dollar is as dead as the USSR ruble or the ancient Greek souvlaki. If you have any, you should rid yourself of them forthwith. You should hold your dollars in other assets and convert when needed, don't just let your dollars sit there in your bank account because that's where the damage will be done. Every other asset will go up, some much greater than others. The stock market has turned into a high-interest savings account; you hold it in there and convert when dollars are needed. Stocks will not keep up with inflation, but its better than dollars in a bank account. Commodities will outperform stocks, but it's useless trying to hold physical bushels, bales, or drums. That's why gold is the easiest commodity to deal with; $500,000 in gold can fit in a sock drawer. The dollar has failed twice before in our nation's history. Once after the revolution and again after the civil war. It's about to fail again. Expect your wheelbarrow that's hauling around all of your dollars will be worth far more than the dollars themselves. Expect a 15:1 reverse split on the dollar with a return to the gold standard. The last time our dollar was worth 100 cents was back in 1933. If you peg the purchasing power of the 2020 dollar to the 1933 dollar, the 2020 dollar's purchasing power will look like this .00000000000000000000000000000000000000000000000000000000000000000001. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit. The rise of China and the decoupling of the U.S. from its trade partners is likely to end the supremacy of the dollar as the world’s reserve currency. Sooner or later, manipulating the dollar for our own purposes will come back to bite us. So much of the US prosperity these past decades has come from having the "reserve currency" with the willingness (now gone) to make sacrifices for the world order. The bottom line is that $6 trillion in stimulus has been created to deal with Covid-19. The national debt just passed $26 trillion (130% of GDP). When you create more money, its value must go down, unless other currencies are also being increased at the same rate. While Europe and Japan have also passed their own stimulus, they haven't created proportionally as much new money as the US. Meanwhile, China and Russia have so far refrained from using unconventional fiscal policies. Russia's government debt as a percentage of GDP is actually among the lowest in the world. Not everyone is in the same boat. The US will one day have to face economic consequences for what it has been doing for decades. But what's going to replace the dollar? Certainly not the euro. The yuan? China is even more manipulative of the yuan than the US is of the dollar. China has no transparency, and it has massive internal yuan debt over two times its GDP that is its priority rather than supporting the yuan as the new world reserve currency. The dollar's appeal is that it is 'the cleanest shirt in dirty laundry.' But, it's going to take a lot more than structural change before the yuan can even begin to function as a reserve currency. When people get really scared they go to Swiss Francs or gold. Any asset that can be arbitrarily revalued at the whim of the Chinese Communist Party can only be speculative. The dollar can be replaced by a basket of convertible currencies. In fact, individual investors should do some of that through international diversification. We are $26 trillion in National debt alone. States are in debt, state pensions are grossly underfunded by $1 Trillion, personal debt is skyrocketed. The groundwork was laid at least since 08 when the last crash happened. China and Russia made agreements with hundreds of countries and not just insignificant ones, but England and Australia to trade I there own currencies and bypass using the dollar. OPEC countries have been doing the same thing. Eventually, the dollar will fail. It’s inevitable . All fiat currencies fail. What’s next? Who knows? It could be a basket of currencies using special drawing rights from the IMF. More than likely, it will be digital, no more paper money. If ANY country on earth decides to just print dollars, FLOOD the world with paper money, then why work or waste time producing goods. If you create all this inflation, eventually it’s going to lead to a big increase in money supply, and then by their own definition, they’re going to have to withdraw all that money from circulation if they don’t want it to become worthless. But it’s easier said than done. Once you get everybody high on heroin, how do you take the heroin away without them going through withdrawal? That’s what the Federal Reserve just found out — again — when they tried to normalize interest rates after keeping them at zero for so long. The markets started hemorrhaging. They went into withdrawal in the fourth quarter of 2018 and everything started falling apart. So, they had to go back to QE. They had to go back to rate cuts. They had to keep the addict juiced up. There is a reason why China, Russia, Europe, BRICS (Brazil, Russia, India, China, and South Africa) are all deciding to use different currencies besides the US dollars. The US is dead broke and held up by countries that lend it money by buying US treasury bonds and bills, and at the same time, the dollar grows in strength, indicating a strong US economy. This is further evidence of a broke system. There will be an intervention, and then the dollar will eventually fall to an appropriate level, approaching zero. Then the dung will really hit the fan. Our monetary system is based on inflation. The greater shame is very few of us realize that we also are taxed on that inflation. Think capital gains. What a scam. "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford. I'm afraid 95% of Americans are too dumb to get it. Slave away at the 8-5 their entire lives for peanuts and get taxed at 50% while the FED creates trillions from nothing- no work or productivity, just money for nothing. The biggest scam of the last century, and still going strong today. Of course, for most in the USA, ignorance is bliss. I slave away too but am much more bitter with the current arrangement. Endlessly printing a currency may solve things in the short term, but long term, it causes serious damage to the value of that currency. This has been proven countless times in history. Now, do I think that the Dollar is going to suddenly crash in value overnight, leaving us all in some doomsday financial apocalypse? Of course not. It is still a (generally) strong currency and the world reserve currency. Despite that, no fiat currency is invincible to endless printing. Eventually, the value WILL come down relative to other currencies, and things WILL shift...over time. How long that takes is anyone's guess. Hedge your bets. You'd be smart to keep at least some money in harder assets with limited supply. The current system is being run to the ground by design, so the Fed. Can issue in a NEW system- henceforth why the Fed. It is "burning up dollars" to buy it all. May I suggest Water, Food, Lead, Silver, and Gold in this order. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! The dollar is being squeezed right now because of the sheer amount of dollar-denominated debt in the world (which tends to happen when you are the reserve currency of the world in such a globalized economy in the age of the internet). The danger to the dollar is that there isn't enough of them, of which everyone defaults, and something replaces it. I expect something similar to Bretton Woods to happen again, be the dollar pinned to Gold or Bitcoin or something. The deficits and money printing isn't serving the American people. It's serving the dollar backstop of the global economy. Global elites are getting ready and using the virus as an excuse to introduce a new reserve currency based on a basket of currencies and hopefully some gold too. "What currency would you buy and hold for the next 50 years?" Absolutely none. At 2% yearly inflation, your holding would be worth 63% less after 50 years. What currency would you buy and hold for the next 50 years? The US Dollar is programmed to devalue at 2% a year. In fact, the economy could not survive without that induced devaluation. One hundred ten years of data from Macrotrends indicates silver appreciates at 4.3% p.a. - with the volatility that creates income opportunities for selling covered calls. Using an ETF like SLV, the metal indeed becomes a virtual currency, liquid enough to use when bt and sold, guided by everyday needs. The reason silver certificates were pulled in 1963 was that the commodity value in a silver dollar for the first time rose above $1. It surpassed $1.33/oz in that year ( a silver dollar is 75% silver). It's now $17/oz. That should be all you need to know about how our monetary system works. Buy gold and end the FED, the dollar is being turned into toilet paper! Consumer spending makes up 70% of the USA economy. Most of that spending is on goods we import, which means other people work to make them, some of it is good, but we don't invent and build anything to put our people to work. With COVID 19 mishandling the spending is quite down to food mostly, I know that from my spending. The stock market paper gains are included in the economy, but most stay in the hands of very few people. It was decided back in 2008 that money has no actual value, so any saving not in the stock market produces ZERO income for their owners. Bush, Trump, and Republicans have been lowering taxes for the rich while neglecting to improve the infrastructure, health/safety, education, and job training in a changing world economy, stuff that would benefit the American people. Politics has been about so-called social issues that make no difference in people's lives, all about ABORTION, GUNS, RELIGION, AND HATRED FOR IMMIGRANTS. NOW the chickens have come to roost. The U. S. can only make a new currency by default. Its bonds would become as poisonous as those of Argentina. Interest rates would soar. As America funds itself by borrowing money, social programs and public services would collapse, and the military would dwindle away. It would go into immense poverty, because it is a nation of consumers, and has little real wealth. Manufacturing has all gone abroad. America lives by devouring the world's goods in exchange for worthless paper dollars, which were forced upon humanity by brutality and fraud. Once the dollar goes to zero, America is nothing. What is worse, its destruction will be blamed on capitalism rather than socialism, so that all efforts to rebuild will be futile. The stock market and housing bubbles would deflate, causing losses of up to 90%; pensions would be wiped out; all social programs would be cut; the price of good and services would soar because there would no longer be a strong dollar to buy them with; the dollar would plummet in value; unemployment would be lasting and horrific; and capitalism, instead of socialist central banking, would take the blame for it all, leading, possibly, to decades of misery under socialism. The dollar is the world's reserve currency. That allows the USA to run trillion-dollar deficits because it exports its inflation to the world, and the world absorbs it as the increasing population needs more reserve currency to conduct its business every year. That pretty well eats up the extra dollars the Feds keep printing each year to finance our federal deficits. If we were say Greece, the currency and country would have imploded decades ago, just like Greece did when it tried to run continuous deficits. The problem is our presidents, including Trump, are trying to use the dollar as a political weapon on countries like Iran, which will give countries a reason to use another currency to settle debts. China, Russia, and India are working on such a currency, When an alternative is available, the US dollar will implode, and the USA will be in a recession worse than 1929. Of course, it will fall because what goes up must come down eventually.No kidding! The Fed keeps adding zeroes to bank screens and buying stocks and bonds while propping up hedge funds. It is called the REPO market. In case of a default, the stock market and housing bubbles would deflate, causing losses of up to 90%; pensions would be wiped out; all social programs would be cut; the price of goods and services would soar because there would no longer be a strong dollar to buy them with; the dollar would plummet in value; unemployment would be lasting and horrific; and capitalism, instead of socialist central banking, would take the blame for it all, leading, possibly, to decades of misery under socialism. This is America's fate if it defaults. If it doesn't default, it has, at best, a few years longer before hyperinflation takes hold, and has to default anyway. Because, by this point, only tens of trillions per annum can keep yields sufficiently down for the system to function. They have tapered liquidity to $1.5 trillion per annum, and stocks are already slipping into a crash. It isn't enough. Food prices are rising because, rather than the last 39 years of the Fed creating credit and handing it to hedge fund managers and CONgress (creating asset price inflation and runaway growth in medical spending and what amounts to welfare, corporate and otherwise), new credit-money was handed to Joe Sixpack. You can't violate Say's Law with impunity. Creating purchasing power by any means OTHER than production simply increases the amount of money chasing whatever is in the marketplace. It doesn't add to what is available for purchase. Taken to the extreme, you have the situation in the USSR where people had rubles, but the shelves were bare. This is what flooding a nation with credit-created-from-nowhere produces. Under FIAT money, money was debt, so debt was wealth. People forgot that an IOU is nothing until it's paid-back. We now have a world drowning in "wealth" that is nothing but IOU's that depends on all other IOU's performing, when mathematically we long ago passed the point where this was true. All that "wealth" is an illusion. So is training people to forget that it's not about money-in-hand, it's about the product available for purchase. Goods availability is likely to crater in the next couple years, and if politicians attempt to make people whole by creating trillions in credit, all it will do is crush the average man's standard of living even more. Did the Trump Admin open Pandora's Box by seizing the Fed's credit creation system? Only time will tell. For nearly 40 years, we witnessed credit-inflation on an unprecedented scale, but because it flowed into asset markets (including the value of debt itself), no one cared. We all seemed to get rich. Now, much of that wealth (in the form of debt, and in asset prices rationalized by its wealth-effect existence) is likely to disappear (mostly chaotically), but goods availability may plummet as well, meaning that prices could rise or fall, but affordability will plunge for many things. Oh, how the sky darkens with chickens coming home to roost. On second thought, that must be locusts. KISSINGER AND PETRODOLLAR HEGEMONY. Nixon was taking advice from Kissinger. Kissinger is among the most powerful person from the globalist elite group residing mostly in the city of London. He is the masterful thinker and wanted to solve the severe US budget deficit caused by the Vietnam war. He wanted to go off the gold standard to avoid the US from selling the 10,000 tons gold holdings in the Treasury to pay off the huge budget deficit. So he proposed a strategic idea to make the US dollar the global reserve currency. To do so, Kissinger needs to bring China into the global market fast and become the top three users of US dollars. The other being Japan and Saudi Arab oil producer. Kissinger plays a very important role in China, becoming a global export powerhouse and factory to the world. This is not known by many people. Kissinger is the kingmaker for the US-China relationship. His key to the success of Petrodollar hegemony created in 1971, is to get China to be the big user of US dollar. This strategy reinforces the US dollar as the global reserve currency. US dollar, when becoming the sole global reserve currency, US Congress can print as much billion US dollars they want to finance military spending and social food stamps programs for the over 20 million jobless Americans. In order to get China to be the big user of the US dollar, Kissinger advised China to weaken Yuan to 1 Dollar=8.9 Yuan in 1994. (before 1994 1 Dollar = 4.5 Yuan). This ultra-cheap yuan force many American, Japanese, EU foreigner investors to start planning moving factories to China from South East Asia, and from 1996 China become the cheapest and lowest-cost producer, saw a sudden increase of FDI into China by foreigners. This game-changing China ultra-cheap yuan policy also caused the 1997/1998 Asia Financial crisis because foreign investors realize that it is much cheaper and most profitable to build factories in China after the ultra-cheap yuan policy is implemented. Many exporters in South East Asia unable to compete with China anymore. The southeast Asia economy in 1998 was totally destroyed by China under the fanciful name of globalization. From 1996 onwards, China becomes the cheapest and lowest-cost producer, saw a sudden increase of FDI into China by foreigners. China now addicted to US dollars and hold more than 3 trillion US dollar in foreign exchange reserve. China now has an estimated over $300 billion trade surplus with the US yearly. China needs the trade surplus badly in order to be able to print 5 trillion Yuan yearly to finance huge mega infrastructure projects every year. In actual fact, American consumers naively are supporting most infrastructure development in China by continuing to buy China-made products. Another reason why China's card was exploited is Kissinger wanted very much for China, and the US joined forces together during the US-Soviet Union cold war. Then this allowed the globalist elite from the city of London to screw the Soviet Union and cause the breakup into Russia. This enables the globalist elite from the city of London and Wall Street to loot Russia more than 3 trillion dollars of Russian natural resources until Putin put a stop to it. That is why the globalist elite wants to get rid of Putin. Russia is a gas station and still have a mountain full of mineral resources besides oil and gas. The next few years will be interesting to see how China has to kowtow to the US and give in to US demands or face a false flag nuclear incident in south china sea. China leaders have no choice if they want to keep and enjoy their wealth. Americans have woken up, and they have been pushed to the poverty wall caused by globalization. Unfortunately, hungry and angry Americans will resort to desperate things, even as far as destroying the whole world. Perhaps the dollar will fall sharply, so too all other major currencies, because all major economies have been doing the same thing "Quantitative Easing" as such, the exchange ratio between Dollar and major currencies remains virtually unchanged. There's an old business saying goes something like this "Thinking your competitors will fail is not a business strategy." The Chinese are fiddling with a digital currency offering that could easily replace the dollar. The benefits of the dollar have been its safety and security and backing of the US of A. Which right now took a nuke to the face economically, still has a pandemic running wild, and idiots in charge. And no, there is no guarantee on the treasury paying its bills. We already had prominent senators suggest defaulting on our Chinese owned debt, which even suggesting is against the constitution. With our debt dollar-based, cuts to the value of the dollar hurt. And at <1%, who would bother buying our debt? Currency collapses are usually followed by war. In the case of a collapse of a major global currency, that would mean global war. China / India may be the flashpoint. India, with the support of the US. China, with the support of Russia.












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Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


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


Po
litical 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

In The Left Nothing is Right & in The Right nothing is Left
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

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
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