01.22.19- What Will Take the Place of America?
Investigative genius Gordon Duff wrote recently about the psychopathic killer, former Vice-President Dick Cheney in a piece about the indecency of Washington. Discussing a new film called “V-I-C-E,” which fries Cheney on the spit like a big fat hen, Duff encapsulates what mucky slime our nation’s capital is infested with the following passage:
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01.21.19- C.S. Lewis Sounded the Alarm on
C.S. Lewis: World-renowned author, philosopher, theologian. Christian apologist. Mere mention of his name fills our minds with images of faith-based allegory, of lions, witches, and wardrobes, of rational defenses of the Christian faith. But political commentator and staunch opponent of progressive ideals? That’s not what we think of when we think of C.S. Lewis. Read More |
01.19.19- The U.S. Economy and the Ponzi Scheme
The most famous Ponzi scheme of modern day was run by Bernie Madoff from New York City who managed to turn $5,000 saved from a lifeguarding job and installing sprinkler systems into nearly $65 billion of accounts. During the run of the scheme he was able to amass an impressive list of clients including numerous celebrities and other well-known public figures. Arvedlund, E. (2018). His scheme was so elaborate and well-thought out that he was able to keep it running for over two decades while offering ten percent or higher returns. In addition, his firm, Bernard L. Madoff Investment Securities, at its’ peak was handling five percent of the trading volume on the New York Stock Exchange. The scheme was exposed when his sons turned him in after he admitted to them that he was running a Ponzi scheme. Subsequently, he was sentenced to 150 years in prison. Arvedlund, E. (2018). Read More |
01.18.19-This problem is 10,000 times bigger than the border wall
Don’t get me wrong, I like having the government shut down. As I’ve said before, I believe it is my moral duty to pay as little taxes as possible. The government does some really stupid things with your tax dollars. I’d rather not pay for a $2 billion Obamacare website that doesn’t work, or to defend Congressmen against sexual assault allegations. So, by starving the beast, I at least ensure they’re not squandering my money. But I think it’s ridiculous that this government posturing is financially crippling the 800,000 government workers (and millions of contractors) who are now out of work – or being forced to work without pay. To be fair, last night the president signed a law guaranteeing they would be paid for past work – a month into this fiasco. It’s a step in the right direction, as there’s a word for forcing people to work without pay – slavery. Read More |
01.17.19- This New Market Could Make You a Fortune in 2019
He had a rattlesnake with its jaw open and fangs exposed glued to the front of it. With a Texas drawl, he’d tell the other players how he had killed it himself. At 6’4’’ and 170 pounds, Amarillo Slim was the greatest gambler to ever live. He made his first million in 1947 when he was only 19. His unforgettable look helped make poker a mainstream game around 20 years ago. Slim was so good at poker, he said he was one of only four men who deserved to call themselves players. He won millions of dollars back when a million was considered serious money. He took pots from presidents Lyndon Johnson and Richard Nixon, Hustler magazine founder Larry Flint, and even drug lord Pablo Escobar. Read More |
01.16.19- Where Will You Be Seated at
The Banquet of Consequences is being laid out, and so the question is: where will you be seated? The answer depends on two dynamics I've mentioned many times: what types of capital you own and the asymmetries of our economy. One set of asymmetries is the result of the system isn't broken, it's fixed, i.e. rigged to favor the few at the expense of the many. There are many manifestations of neofeudal asymmetry that divides neatly into two classes and two systems, the nobility and the serfs. A rich kid caught with drugs gets a wrist-slap, a poor kid gets a tenner in the Drug Gulag. Upper-middle class households are tax-donkeys, paying high taxes and getting few deductions, while mega-wealthy corporations and financiers enjoy offshore tax shelters of the kind exposed by the Panama Papers. Read More |
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Here in America, I suspect the collapse is going to look a lot different than it has in these other countries…at least, at first. And in my description, it’s entirely likely you’ll see that many of these signs have been happening all around us for years. It will be gradual. The thing with collapses that we see in the media is that we are seeing the end results of events that have been slowly declining for years. Venezuela was one of the wealthiest countries in the world back until the mid-1980s, due to their rich oil reserves. Then oil prices collapsed and their fall began. It was actually several decades though before it was truly evident that the country was in trouble. Read More |
01.14.19- Why I Will No Longer Recognize the Week
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01.12.19- This Technology Will Be Bigger Than the Internet
There was a human in the driver’s seat, but he didn’t touch the steering wheel, gas, or brake pedals for the entire trip. The self-driving car drove itself the entire distance. If any readers are curious about the trip, have a look at the time-lapse video of the entire coast-to-coast journey here. This coast-to-coast, self-driving journey was the first of its kind. Yet it got little to no press. But make no mistake, this is a remarkable achievement. This sort of trip wouldn’t have been possible even just a few years ago. Today, I want to share with you the technology that made it possible, and show why it’s a trend that ought to be on every investor’s radar… Read More |
01.11.19- The Recession Will Be Unevenly Distributed
The coming recession will be unevenly distributed, meaning that it will devastate many while leaving others relatively untouched. A few will actually do better in the recession than they did in the so-called "recovery." I realize many of the concepts floated here are cryptic and need a fuller explanation: the impact of owning differing kinds of capital, fragmentation, asymmetry, opacity, etc. ( 2019: Fragmented, Unevenly Distributed, Asymmetric, Opaque). These dynamics guarantee a highly uneven distribution of recessionary consequences and whatever rewards are generated will be reaped by a few. Read More |
01.10.19- Here’s Where the Next Crisis Starts
The reason has to do with the system scale. In complex dynamic systems such as capital markets, risk is an exponential function of system scale. Increasing market scale correlates with exponentially larger market collapses. This means a market panic far larger than the Panic of 2008. Today, systemic risk is more dangerous than ever because the entire system is larger than before. Due to central bank intervention, total global debt has increased by about $150 trillion over the past 15 years. Too-big-to-fail banks are bigger than ever, have a larger percentage of the total assets of the banking system and have much larger derivatives books. Read More |
01.09.19- The Last Act Crowns the Play
Roman Emperor Constantine the Great (306 -337 AD) legalized Christianity but allowed the existence of other religions. Emperor Theodosius I made Christianity the official religion of the Roman Empire in 380 AD; other religions were considered foolish. The ancient view regarding the unalterable condition of earthly human life continued to prevail, but a new and powerful element was introduced into human life during the reigns of Constantine and Theodosius I: the element of Hope for humanity, the hope of eternal and blessed life after death for those who accepted Christ as their Savior. The ancient view of human life as unalterable continued to prevail in Europe up until the "Renaissance of Learning" in the 16th Century. Read More |
01.08.19- Our Politics Now: Up vs. Down, Not Left vs. Right
Just look at how most Americans view federal spending: total government spending (federal, state, and local) accounts for 37.7 percent of the country’s overall gross domestic product. In other words, 37.7 percent of America’s economic growth is set to be generated by government spending (which is why Wall Street and other analysts worry about a government shutdown). There was a time—not long ago—in this country’s history when government spending was in the single-digits. But, those days are gone. Why? Because the American people did not expect the government to do as much back then as they expect it to do today. But government spending is a two-way street. It is not merely corrupt politicians who have figured out that the path to power is through injudicious government handouts. Read More |
01.07.19- Why Trump Must Legalize Pot
Legal pot is a bit out of our wheelhouse here at the Diary. As Bill often says, his usual beat is money. But cannabis is now legal nationwide in Canada. It is expected to be lawful in Mexico starting this year. And a majority of Americans now favor legal pot. With all these forces converging, this is a trend that should be on every investor’s radar. Longtime Diary readers know that I closely follow the legal cannabis market. For newer readers, just know that I’ve dedicated hundreds of man hours to investigating this new market. And all of my research is pointing to one conclusion: Cannabis will be legal nationwide, likely before the end of President Trump’s term. Read More |
01.05.19- Tax Attorney: Social Security Participants About to be “Disenfranchised”
According to the trustees running the program, Social Security will be forced to start cutting benefits by 2034, 15 years from now. According to Waiser the crisis will hit in three years. Wrote Waiser:
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01.04.19- Markets are all about flows
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01.02.19- 2019 From a Fourth Turning Perspective
Strauss and Howe wrote their book in 1996. They were not trying to be prophets of doom, but observers of history able to connect events through human life cycles of 80 or so years. Using critical thinking skills and identifying the most likely triggers for crisis: debt, civic decay, and global disorder, they were able to anticipate scenarios which could drive the next crisis, which they warned would arrive in the mid-2000 decade. The scenario described above is fairly close to the current situation, driven by the showdown between Trump and the Democrats regarding the border wall. Read More |
01.02.19- The World Known to Me Is Fading Away
Over these holidays two occurrances brought the strangeness of the present time home to me. One was the arrival of the memoir, From the Cast-Iron Shore (University of Notre Dame Press, 2019) by my friend and onetime colleague, Francis Oakley, an historian of the medieval era and past president of Williams College. The other was the report that a Japanese man had married a hologram. Read More |
01.01.19- Opinion: Roubini: President Trump is flirting with mutually assured economic destruction
NEW YORK (Project Syndicate) — Financial markets have finally awoken to the fact that Donald Trump is U.S. president. Given that the world has endured two years of reckless tweets and public statements by the world’s most powerful man, the obvious question is: what took so long? Read More |
12.31.18- Guess What These Four Fastest Growing States
“Non-essential” government workers… well then what the hell are they doing there? Every penny of federal spending should be only the most absolutely crucial, necessary cent to keep the country’s most basic functions going… I know, I know, I feel stupid just saying it. It would truly be better if everything was left up to markets–the people. I long for the day when no sector of the economy is violently monopolized, and funded via protection racket–security and courts included. The whole thing is a farce, the system built to serve the elite. It’s disgusting that our tax dollars pay for a single politicians’, bureaucrats’, lobbyists’, or corporate cronies’ hors-d’oeuvres, let alone their salaries, kickbacks, bailouts… Read More |
12.29.18- The Baby Boomer Survival Guide – Part 2
Money is our beat at the Diary. But money means nothing without philosophy. Beyond what we need to survive, money has no importance. Is it good? Is it bad? It depends. We need a simple philosophy to make sense of it – to guide us past the Gucci bags… past cable TV… and past the million-euro apartments of the 16th arrondissement in Paris. Not that there’s anything wrong with them. But they are expensive. And if you don’t have money, you need to be able to pass up luxury, gluttony, and self-indulgence with your nose in the air… not with your shoulders bent in defeat and self-disgust. And for that, you need philosophy. Or at least aesthetics. All people – unless they are saints or mental defectives – want to feel good about themselves. That is their primary aim in life and the only reason they are interested in money (save the minimal amount for survival). Read More |
12.28.18- The Arrival Of The Credit Crisis
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12.27.18- The Baby Boomer Survival Guide – Part 1
This is the question we get from readers over 50… over 60… and sometimes, over 70. We baby boomers were famously saying “Na… na… na… Live for today.” Now, it’s tomorrow. And many of us – often through no fault of our own – are having trouble making ends meet. In the Diary, we write about the world of money – about economic policy and how it affects us. But what if, in your world of money, you are running short? What should you do to get more? Check under the seat cushions? Rob a bank? Read More |
12.26.18- “The Worst Is Yet To Come Next Year”
At this point last year, nobody on Wall Street was talking like this. In fact, nobody was talking like this even four or five months ago. But after three extremely painful months the outlook has completely changed, and a lot of market participants are really starting to freak out. Read More |
12.25.18- The Greatest Gift For All
Dear Donors, thank you for your support in 2018. Although you have kept me working yet another year, I find it encouraging that there are some Americans who can think independently and who want to know. As Margaret Mead said, it only takes a few determined people to change the world. Perhaps some of you will be those people. My traditional Christmas column goes back to sometime in the 1990s when I was a newspaper columnist. It has been widely reprinted at home and abroad. Every year two or three readers write to educate me that religion is the source of wars and persecutions. These readers confuse religion with mankind’s abuse of institutions, religious or otherwise. The United States has democratic institutions and legal institutions to protect civil liberties. Nevertheless, we now have a police state. Shall I argue that democracy and civil liberty are the causes of police states? Read More |
12.24.18- How to Barter for Survival (not just a list): 100+
Do you know how to barter? In preparedness circles, the term barter is used a lot when describing a post SHTF situation when goods and services may no longer be available through normal channels. According to Wikipedia, ”barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money”. A lot of people think of bartering as something to do when they are down an out, perhaps unemployed, or low on cash. But nothing could be further from the truth. Bartering has been around for eons and is simply a smart way to acquire goods and services under the radar screen. Today I would like to share some very simple tips for bartering as well as my own suggested list of items and skills that may be useful for barter in a post-collapse economy.Read More |
12.22.18- Do you really have to go to work?
That’s how it has been for decades and decades, right? And before that Sunday was the only day off, and the hours were much longer. These traditions began in factory settings when everything had to be standardized. It’s not like farmers were clocking in and punching out… they worked when there was work to do. Which was basically always. But as we turn over to 2019, do we still need to work the five day work week? Do we still need to commute to the office? And should work even be hourly or even salary for most professions, or task-based? Read More |
12.21.18- The History of Banking Control in the United States
This fight of the International Financiers to install their fraudulent debt-money system has been particularly vicious in the United States of America since its very foundation, and historical facts show that several American statesmen were well aware of the dishonest money system the Financiers wanted to impose upon America and of all of its harmful effects. These statesmen were real patriots, who did all that they possibly could to maintain for the USA an honest money system, free from the control of the Financiers. The Financiers did everything in their power to keep in the dark this facet of the history of the United States, for fear that the example of these patriots might still be followed today. Here are some facts that the Financiers would like the population NOT to know… Read More |
12.20.18- The 10 Daily Habits of Prepared People
The way prepared people spend their time before an emergency is the real key to survival, and this is something that no amount of money can buy. It’s the small daily habits that become an innate part of our everyday lives – habits that may not even be noticeable to someone outside the lifestyle. Real preppers, the ones you should look to for advice if you happen to be new to preparedness, are the ones who quietly conduct their daily lives with an eye towards readiness. Not only are these the qualities you should strive for yourself, but they are also the qualities that can help you to determine whether someone is the “real deal” or an armchair survivalist. Read More |
12.19.18- Anything Goes!
Some few humans, among whose small number I count myself, know that this is our condition, but the vast majority of humanity are not aware of the dire situation in which we live. One result of the collective insanity which prevails in our modern world is that it has allowed the very worst of the lunatics, possessed by destructive impulses, to rise to dominant positions in human societies. Whether a few of us humans are aware of our deplorable condition of living out of touch with Reality – the definition of lunacy – or not, this is the situation in which we have to live. Read More |
12.18.18- I Can’t Afford to Live in this Private Community. And I Wish Everywhere Was Like This.
And I don’t mean some arrangement between coercive government and “private” companies that make their money from government contracts. That arrangement actually produces the inequality that people blame on free markets. Notice how everyone is taxed. Yet the government spends the money enriching the government defense contractors, handing out subsidies to already rich oil companies, bailing out sub-par automakers and predatory bankers… In contrast, private government is not coercive. No one forces you to live in a neighborhood that charges a “tax” like a homeowners’ association fee. But when a government monopolized all the land, you have no choice but to pay the taxes they demand. Read More |
12.17.18- Why Speculators Should Love the Crypto Crash
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12.15.18- Texas Judge Rules Obamacare Unconstitutional
Judge Reed O’Connor, a U.S. District Judge for the Northern District of Texas appointed by former President George W. Bush, ruled that Obamacare violated the Constitution. Twenty Republican state attorneys general brought the suit, Texas v. Azar, who asked the court to rule that the Affordable Care Act (ACA) violates the Constitution after Republicans managed to zero out Obamacare’s individual mandate penalty with the Tax Cuts and Jobs Act last year. The judge ruled that the law’s individual mandate violates the Constitution and therefore the entire ACA violates the Constitution. Judge O’Connor acknowledged that health care is a “politically charged affair — inflaming emotions and testing civility.” Read More |
12.15.18- What is the Deep Web and How Do You Get There in 2018?
The Silk Road, a website synonymous with shady dealings, was shut down twice by the FBI and its founder, the Dread Pirate Roberts, also known as Ross Ulbricht, imprisoned for life. The deep web and dark web aren’t the same thing, though. The dark web occupies only a fraction of the deep web. If you want to visit the deep web, you might already be there. It’s any place you go for content without a permanent URL — behind a paywall, password protected or dynamically generated. Read More |
12.13.18- A Bad Moon Rising – Over Several Markets
Jim Cramer of CNBC fame likes stocks. On Tuesday, October 23, before the DOW collapse of 608 on Wednesday, October 24, CNBC reported:
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12.12.18- A Crisis in the Making: Know Your Rights
We are approaching critical mass, the point at which all hell breaks loose. The government is pushing us ever closer to a constitutional crisis. What makes the outlook so much bleaker is the utter ignorance of the American people—and those who represent them—about their freedoms, history, and how the government is supposed to operate. As Morris Berman points out in his book Dark Ages America, “70 percent of American adults cannot name their senators or congressmen; more than half don't know the actual number of senators, and nearly a quarter cannot name a single right guaranteed by the First Amendment. Sixty-three percent cannot name the three branches of government. Other studies reveal that uninformed or undecided voters often vote for the candidate whose name and packaging are the most powerful; color is apparently a major factor in their decision.” Read More |
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Earlier this year, The International Tribunal for Natural Justice (ITNJ) met for three days to launch its Judicial Commission of Inquiry into Human Trafficking and Child Sex Abuse, the purpose of which is to investigate and bring to the forefront this prolific scourge of child sex abuse all around the world, much of it satanically ritualistic in nature. One of the speakers at this event was Chief Counsel Robert David Steele, a former CIA officer who opened the Plenary Session of this first Judicial Commission of the Tribunal. He spoke about how child torture, child murder, and child organ harvesting are now “accepted” practice within the highest levels of government all across the globe, as well as within non-governmental organizations (NGOs), multinational corporations, academia, and “civil” society. Read More |
12.10.18- Dow 10,000
When the closing bell finally sounded, the Dow was down just 79 points. The monkeys were greatly relieved. And today, the Fed sets up another drink. Here’s a headline from The Wall Street Journal:
Our advice to readers: Relax… and enjoy the comedy show. Buffett Indicator Deutsche Bank reports that 89% of the world’s assets are in negative territory so far in 2018 – in dollar terms. Is this a buying opportunity? Presidential economic advisor Larry Kudlow must think so. This is what he told Fox News recently:
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12.08.18- What to Do When the Market Goes “Nuts”
Jeff’s insights are different from our usual Diary essays. But with the S&P 500 plunging in Q4, Jeff believes there’s never been a better time to be a trader. Below, he shares how he makes money when the stock market goes a little crazy… According to the efficient market hypothesis, there’s nothing insane going on in the stock market. Stock prices reflect all of the currently available information and investors’ analysis of that information. Hogwash. In the long term, I’ll agree that markets are efficient, investors are rational, and stock prices generally end up where they are logically supposed to. In the short term, though, the market is nuts. Fear and Greed Read More |
12.07.18- Things Change, But Not Always For The Better
Knowing that these cycles occur can give a person an idea of what to prepare for in the future. We know that the national debt doubles about every 8 years. We know that the economy goes into a recession every 6 to 8 years. We know that the FED manipulates the economy with money printing and interest rates. We know politicians spend money we don’t have to get reelected. We know from history that these things eventually cause problems that we must deal with as individuals. When we realize these things we can make plans to deal with these problems before they happen and limit the affects they have on us. The problem is that most people do not see these things coming because they are kept occupied with other trivial things and they have short memories. Then when these disruptions occur they are caught seemingly unaware and suffer for it. To be aware is to be prepared. Read More |
12.06.18- "Too Perfect to be Natural": Those Strange Seismic Waves
Strange seismic event detected in Wellington ‘too perfect’ to be natural Now, ponder, for a moment, the utter strangeness of these paragraphs: Read More |
12.05.18- Is An Offshore Account Safe?
Jamie Virjhof, Relationship Manager of Weber Hartmann Virjhof & Partners Ltd. recently interviewed me and addressed those concerns. I have permission to share it with our readers. Is International Diversification really necessary? Dennis Miller’s recent article, “Should Investors Have Money Offshore?” raised the ever-important question whether you can really trust the government. Dennis elaborated how the government does not always have the best interest of their people in mind. This was one of the reasons why he decided to bring some of his wealth offshore. Read More |
12.04.18- Another Serious Real Interest Rate Fallacy
To visualize this problem, let’s make an analogy to someone who inherits a family farm. There are two approaches to making a living from a farm. In the first—we’ll call this investing—Farmer Brown determines how to produce the greatest amount of food at the least cost. He increases production of milk from his herd, and apples from his orchard. In the other approach—we’ll call this liquidating—Liquidator Larry sells off the farm, bit by bit. The back 40 acres can be sold to a developer of high-end condos. The apple trees can be chopped down, because cabinets made of fruitwood are hip in high-end condos. The barn can be torn down, because those condos need flooring. Wood planks from old barns is really cool. Read More |
12.03.18- How “Laziness” Can Make You Wealthy
– From Principles of Wealth, by Mark Ford The unpaid bills are stacked next to the unwashed dishes. You’ve been short about $1,200 per month since the divorce. You need something to fill that income gap – some sort of money-making scheme that’s feasible, flexible, and profitable. It can’t be a financial investment because you’ve got no savings. What’s there to do? Before going to sleep, you check your email. You see an ad, but before you delete it, you notice something about extra income. “What the hell?” you ask. You decide to give it a try. Read More |
12.01.18- How to Profit From Trade War Hysteria
…Apple (AAPL). Apple sells the wildly popular iPhone, iPad, and MacBook. It’s one of the most recognized companies on the planet. It was the world’s most valuable publicly traded company until Microsoft (MSFT) overtook it on Monday. So how did a company this powerful get caught up in the trade war? Simple. On Monday, President Trump threatened to introduce a 10% tariff on consumer electronic products made in China. This would impact the iPhone and other Apple products… Read More |
11.30.18- Rothschild rule ends after 250 years; new era to begin
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11.28.18- The Best Stock Investors: Dead People
But you don’t have to guess. Because you don’t make money in the stock market from short-term moves. You’ll guess wrong as often as right, and you’ll end up getting nowhere. It’s the big, long-term moves that make a difference. And the trouble is, sometimes, those moves last longer than we do. Timing for Dummies Our “Timing for Dummies” model calls for buying stocks when you can get the Dow for less than five ounces of gold (it’s currently about 20)… and selling stocks when the price goes over 15 ounces of gold. Otherwise, you just wait. In gold. Read More |
11.27.18- End This Madness
But I am not powerless, even in my moments of weakness when I feel a bit lonely in the realization that far too many Americans are not concerned, as much as they should be over these developments. Although I may still suffer over the suffering of others, I know a better way than the “fundamental transformation” of America and “Democratic” Socialism exists for Us all; having things has never been so important to me as having Quality of Life and Liberty, and I intend to fight ’til my last dying gasp to keep this America, I love so well, on a path towards the greatest Freedom and Liberty for All. Read More |
11.26.18- Thoughts From The Precipice
As you already know, things are unraveling. The narratives of the past are being revealed as false and fraudulent — even harmful. For example, the fallacy of pursuing “ever more” growth. Growth up to a point is beneficial, but it turns self-destructive when it exceeds what available resources can sustain. As it is practiced, economic growth as pursued around the world today is now destructive. If we continue on our current trajectory, it will become fatal. It already has for an increasing scope of the natural world. Beauty is being ruined. The complex web of life is being shredded. Species loss is accelerating. This kind of damage is essentially permanent. Read More |
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And I find it kinda funny, I find it kinda sad The haunting Gary Jules version of the Tears for Fears’ Mad World speaks to me in these tumultuous mad times. It must speak to many others, as the music video has been viewed over 132 million times. The melancholy video is shot from the top of an urban school building in a decaying decrepit bleak neighborhood with school children creating various figures on the concrete pavement below. The camera pans slowly to Gary Jules singing on the rooftop and captures the concrete jungle of non-descript architecture, identical office towers, gray cookie cutter apartment complexes, and a world devoid of joy and vibrancy. Read More |
11.23.18- The Assassination of Bitcoin
As Bill reported last week, central banks are toying with the idea of launching a bank-backed cryptocurrency. Dan believes that outcome is all but assured. Only one thing stands in the way… bitcoin. The collapse of bitcoin – down 68% year to date and 78% from its all-time high of $20,000, set in December 2017, when it traded at $4,200.22 earlier this week – may have a perfectly normal explanation. It’s a bubble that popped. Or it’s happened before and is nothing to worry about. As my colleagues have shown their readers in the last week, bitcoin dropped 94% in 2010, 94% in 2011, 85% from 2013 to 2015, and 76% in a three-month period alone in 2013. Read More |
11.22.18- How Not to be a Turkey on Thanksgiving
The farmer comes every day to feed the turkey and feed him well. He provides free accommodations: a nice yard to peck around in, water, shelter from predators. From the turkey’s perspective, a week before Thanksgiving, life has never been better. Nassim Nicholas Taleb explains “The Great Turkey Problem” in his book Antifragile: Things That Gain From Disorder. Read More |
11.21.18- An Odor of Perfidy
Of course, she’s not a serious candidate because too many people recognize her naked corruption, and she’s carrying so much noisome baggage that her entourage looks like one of those garbage truck convoys hauling New York’s trash to flyover country. Prosecutors don’t even have to search very hard for evidence of her misdeeds. It’s smeared all over the swamp-scape in the established facts about the Steele Dossier and its engineered journey through the highest levels of the FBI and Department of Justice, and the wild machinations that ensued when the cast of characters in those places scrambled to cover their asses following the debacle of Hillary’s election loss. Read More |
11.20.18- The globalist plan to exterminate humanity begins now:
This plan is under way now due to two very important developments: #1) The rise of robotic systems that can replace human labor, eliminating the need for a world of impoverished human workers whose only reason for existence — from the point of view of the globalists — was to be exploited for cheap labor and manipulated votes. Read More |
11.19.18- Soaring Health-Care Costs Forced This Family to Choose Who Can Stay Insured
Then, in 2012, Maribel discovered she had breast cancer. “Your world comes crumbling down,” David says. Maribel had a double mastectomy, paid for by the insurance David obtained through his job, a small welding business with fewer than a dozen employees. Read More |
11.17.18- Potential Impacts of the Midterm Elections
This may have several important impacts on your retirement over the next two years (and beyond, depending on policy adjustments). These potential impacts could be crucial because the economic foundation they influence appears to be on shaky ground. In a peer-reviewed paper from the Indiana Legal Studies department, four authors collaborated and published an alarming discovery (emphasis ours):
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11.16.18- Does Any of This Make Sense?
We rarely ask "does this make any sense?" of things that are widely accepted as beneficial-- or if not beneficial, "the way it is," i.e. it can't be changed by non-elite (i.e. the bottom 99.5%) efforts. Of the vast array of things that don't make sense, let's start with borrowing from future income to spend more today. This is of course the entire foundation of consumer economies such as the U.S.: the number of households which buy a car or house with cash is near-zero, unless 1) they just sold a bubble-valuation house and paid off their mortgage in escrow or 2) they earned wealth via fiscal prudence, i.e. the avoidance of debt and the exultation of saving. Debt has this peculiar characteristic: it has to be paid back with interest.Depending on the rate of interest and the length of the loan, this translates into a mind-numbing reality: borrowing $100 can cost $200 once interest is factored in. Read More |
11.15.18- Scum vs. Scum
Menendez has a voting record as sordid as most Democrats’. He supported the $716 billion military spending bill, along with 85 percent of his fellow Senate Democrats. He signed a letter, along with other Democratic leaders, calling for steps to extradite Julian Assange to stand trial in the United States. The senator, the ranking member of the Foreign Relations Committee, is owned by the lobby for Israel—a country that routinely and massively interferes in our elections—and supported moving the U.S. Embassy to Jerusalem. He helped cause the 2008 global financial crisis by voting to revoke Glass-Steagall, the Depression-era law enacted to create a firewall between commercial and investment banks. Read More |
11.14.18- Nikola Tesla’s Wireless Energy Dream Is Going Mainstream
Wireless power technology recently became popular with its application in charging wireless-capable devices, (such as a smartphone) via a Powermat interface. There is one company currently building out a true wireless power supply without the need for an intermediary “pad,” which could develop into an investment opportunity of a lifetime if it or another company successfully launches an IPO, not to mention the upstream manufacturing interface components. I will get to that later. The exploration of wireless power brings to mind a man made famous for attempting to build it first, Nikola Tesla. A great down-to-Earth source for detailed information about his life is available at the Nikola Tesla Museum, located in Belgrade, Serbia. In case you are too young, living under a rock, or born into a tribe that’s remote from civilization, here is a brief summary of Nikola’s good work on Earth. Read More |
11.13.18- Reading the Second Amendment
Is this sentence so hard to understand? Apparently so. Even some of its defenders don’t like how it is worded because it allegedly breeds misunderstanding. But the Second Amendment of the Bill of Rights is indeed a well-crafted sentence. By that, I mean that its syntax permits only one reasonable interpretation of the authors’ meaning, namely, that the people’s individual right to be armed ought to be respected and that the resulting armed populace will be secure against tyranny, invasion, and crime. Someone completely ignorant of the 18th-century American political debates but familiar with the English language should be able to make out the meaning easily. Read More |
11.12.18- How to Survive the “Deep State”
Maybe you’re thinking you should get behind somebody like Ron Paul (I didn’t say Rand Paul), should such a person materialize. That would be futile. Here’s what would happen in the totally impossible scenario that this person was elected and tried to act like a Lee Kuan Yew or an Augusto Pinochet against the Deep State: First, there would be a “sit-down” with the top dogs of the Praetorian agencies and a bunch of Pentagon officers to explain the way things work. Read More |
11.10.18- It’s a Fraud. A Pyramid scheme. A Ponzi scheme.
Modern banking system creates money faster than our hearts beat. However, they make it so complex & unintelligible that none but they alone, understand it. All economies work pretty much the same way but since most of the global transactions use US dollar, making it the majority of the world’s currency, I will exemplify the US system. Read More |
11.09.18- What Do We Make Of The Midterm Election?
Looking at this CNN map–it seems that except for thin areas of the northeast and west coasts and hispanic and black enclaves in the southwest and south, the country overwhelmingly voted Republican. In my opinion, flyover America voted Republican because the “deplorables” want to defend Trump. They want to defend him for two reasons. One is that he spoke to their economic plight caused by the US corporations exporting their jobs, leaving the American workforce and middle class hard-strapped. The other is that the adoption of Identity Politics by the Democratic Party has made the Democrats the party that hates white people—especially white heterosexual males who are defined as the victimizer of minorities, homosexuals, and women. It takes a really stupid white person to vote for Democrats who see white people as the problem. Read More |
11.08.18- America, the Tyranny of the Stupid
Then, when time and time again, no such plan materializes, and it is demonstrated that America has blundered into a diplomatic, economic or military morass, for some unknown reason, a “reset” occurs, and the wrong assumptions are again made. At every level, humanity errs in assuming that those in command are there because of talent and worth or that, because America is so wealthy and powerful, that its people are such because of moral and intellectual superiority. Read More |
11.07.18- How do we keep getting dragged into this
Little more than a bare-knuckle boxing match. If you were to suddenly catch a glimpse of such a fight, you would see real blood, real punches, swollen lips, black eyes, and a final knockout. It looks like a real spontaneous fight. But the match was planned, set up, with rules and parameters. That’s an election. Except that it is shoved in all of our faces, while they lie and tell us it wasn’t a planned fight. Not interested in seeing the blood and gore? Not interested in watching two people beat each other to a pulp? You can turn off the boxing match, but good luck avoiding election coverage. Read More |
11.06.18- Are You Prepared For Lockdown? How To Stay Safe When All Hell Breaks Loose In America
Pretending that it isn’t happening or hoping to hug it out is not a rational response to the chaos that is coming. I know that some cling to their misguided views on the way the world works with the ferocity of a mother bear protecting cubs, but for the rest of us, there’s this thing called reality. When we accept it, we can prepare for it. People near the border are quite reasonably concerned that if thousands of immigrants push through our border illegally, they and their families could be at risk. People in other parts of the country are concerned about the aftermath of whatever happens when these people arrive at the border. Regardless of what occurs, somebody is going to be unhappy. Add in the fiercely-fought midterm elections and the threat of civil unrest is high. Read More |
11.05.18- The Fourth Turning and the War of the Worlds
The paragraph above captures everything that has happened, is happening, and will happen during this Fourth Turning. It was written over two decades ago, but no one can deny its accuracy regarding our present situation. The spark was a financial crash. The response to the financial crash by the financial and governmental entities, along with their Deep State co-conspirators who created the financial collapse due to their greed and malfeasance, led to the incomprehensible election of Donald Trump, as the deplorables in flyover country evoked revenge upon the corrupt establishment. Read More |
11.03.18- This Radical Proposal for Social Security Underscores Its Desperate Future
But the economic crisis that started in 2008 shed critical light on Greenspan’s economic policy. He’s 92 now, and as he promotes a new book, he’s sharing some rather radical economic ideas. In a recent Barron’s interview, he opines on the bleak outlook for U.S. entitlement programs like Social Security and Medicare, indicating that he views such programs — at least in their current state — as an “anchor” on U.S. economic growth. Read More |
11.02.18- Politicians Are Creating
I have explained several times that the bulk of investment capital is tied up in two primary sectors – (1) government bonds and (2) real estate. Because of income taxes, real estate has offered a way to make money in capital gains without having to pay income taxes. Money has looked to park in real estate around the world for many various different reasons as in Italy it was the escape from inheritance taxes as well as banks or in Vancouver to gain a foothold for residency fleeing Hong Kong. In Australia, there was the Super Annuation Fund which allowed people to use retirement funds for real estate. People spend more when they believe that they have big profits in their home. Read More |
11.01.18- Shock Claim: The Media Is Reporting That Some In The 2nd Migrant Caravan Have “Guns” And “Bombs”
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10.31.18- Is America Finished?
Americans are now so polarized that they “no longer share basic sympathies and trust, because they no longer regard each other as worthy of equal consideration.” Codevilla blames the progressives and their attitude of moral superiority, but his explanation is independent of who is to blame. I blame both sides. The Constitution and our civil liberties took a major hit from the “conservative” Republican regime of George W. Bush. The consequence has been to weaponize government for use against the domestic adversary. In other words, unity has departed us. The absence of unity makes it easy for the ruling oligarchy to achieve its material interests at the expense of the welfare of the American people. Indeed, it is amazing to find progressives aligned with the military/security complex to block Trump from normalizing relations with Russia. Read More |
10.30.18- A Perfect Storm Is Brewing
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10.29.18- End of the World – Part Two
REVIEW FROM PART ONE:
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10.27.18- What a bunch of idiots
A few days ago the creator of the most famous consumer ‘credit score’ in the United States announced a major overhaul in how it rates borrowers. Consumers live and die by this ‘FICO score’. A high FICO score means that it’s easy to obtain loans at lower interest rates. And a bad FICO score (in theory) means that you have a history of not paying your debts… hence making it difficult to obtain loans. Well it turns out there are tens of millions of people in the US who either don’t have FICO scores at all (i.e. NO credit history), or they have BAD credit. So FICO decided that they would reinvent the way they calculate the scores– giving a big boost to people with bad credit. Virtually overnight, people who have a history of not paying their bills will immediately be deemed creditworthy. And poof… they’ll have access to more debt than ever before. Read More |
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“CNN’s New York Headquarters Evacuated After Suspicious Package Found,” reports Mediaite.com. Similar “pipe bombs” were also reportedly mailed to Barack Obama, Hillary Clinton and George Soros. “The CNN bureau at Columbus Circle in new York City was evacuated Wednesday morning after mailroom workers found a suspicious device,” reports The Gateway Pundit. “The bomb scare comes on the heels of suspected IEDs mailed to the home former President Obama in Washington, D.C. and the New York state homes of former President Clinton Clinton and major Democratic Party donor George Soros this morning.” Read More |
10.25.18- Will there ever be a "freedom loving" majority? And do we even need there to be?
People like to romanticize a time when America was more wholesome… when everyone got along and put petty differences aside to fight wars and such. A time when political campaigns were more civil… like in the Presidential election of 1800. That was when a pro-Adams newspaper said that “murder, robbery, rape, adultery and incest will openly be taught and practiced,” if Jefferson was elected. And the Jefferson supporters responded by claiming that Adams was more like a hermaphrodite than a man or woman. Read More |
10.24.18- The Average Stock Is Overvalued Somewhere Between Tremendously And Enormously
With all of that, my firm is having little success finding solid companies at attractive valuations. Don’t just take my word for it. Take a look at several charts, below, that show the magnitude of the stock market’s overvaluation and, more importantly, put it into historical context. Read More |
10.23.18- Weaker Dollar Helps Set Silver Prices for a Breakout
Why silver prices are set for a breakout as the dollar falls With gold having recaptured much of its losses earlier this month, silver could be next in line for a breakout on the back of a weaker dollar reports Money Morning. As columnist Peter Krauth notes, silver moved as the stock market went through a tailspin and ultimately ended higher at $14.28 an ounce. But the metal’s reaction to the weakening of the dollar was even more notable, as a fall in the DXY allowed it to close last Thursday at $14.56 an ounce. By Monday, silver was trading at $14.67.Read More |
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In particular, Limbaugh talked about what it would take for hundreds and thousands of people to make such a long journey on foot, and through a number of countries after the caravan originated in Honduras. Where would the migrants sleep? How would they eat? Where would their water come from? He also discussed issues like personal hygiene; where would they shower or bathe? Where would they go to the bathroom? Read More |
10.20.18- End of the World – Part One
An estimate of risk versus reward based on an analysis of current information is more useful. Assessment: The 2018-2020 risk for most asset classes, such as stocks, bonds, corporate debt, and real estate is high while the potential reward in those asset classes is low. Gold and silver are opposite. Their long-term risk is low (September 2018) and their long-term potential reward is huge. Read More |
10.19.18- How to Make a Fortune in the Gold-Backed Crypto Revolution
We estimate only one in 10,000 gold investors knows this secret. And yet… it could help you take a tiny stake and pocket a huge payday. And as Nick shares below in today’s Dispatch, this is just the tip of the iceberg… It’s time to make your move today. For thousands of years, gold has been the safe-haven asset. No government can easily confiscate, nationalize, freeze, or devalue it at the drop of a hat. It’s simply the best way to preserve wealth over the long term. Now, with the advent of cryptocurrencies and decentralized blockchain technology, people have a complementary tool for advancing their financial freedom. In recent months, dozens of gold-backed digital currencies have started to sprout up. In a world dominated by constantly depreciating government fiat currencies, I think gold-backed digital currencies are a convenient way for ordinary people to protect their wealth. Let’s take a step back and look at how it all started…Read More |
10.18.18- 4 Ways the Skyrocketing Budget Deficit Could Wreck Your Retirement
Investopedia defines a budget deficit when “expenses exceed revenue and it is an indicator of financial health.” Referring to the U.S. they added “Accrued government deficits form the national debt.” According to an official statement released by Steve Mnuchin and Mick Mulvaney at the Treasury, the FY 2018 budget deficit rose 17% over the previous period to $779 billion. In the same statement, they noted this was “$70 billion less than forecast in the FY 2019 mid-session review.” Even so, it remains the largest deficit since 2012 ($1 trillion). Mulvaney commented on spending in a CNBC article: America’s booming economy will create increased government revenues… But this fiscal picture is a blunt warning to Congress of the dire consequences of irresponsible and unnecessary spending…Read More |
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But for the moment, global financial markets seem to have settled down a bit. U.S. markets were down on Monday, but there wasn’t that much volatility. Once again, it was tech stocks that got hit the hardest… Read More |
10.16.18- UN Climate Change Report: A Choice between “Mad Max and Hunger Games”
The Intergovernmental Panel on Climate Change (IPCC) this week released a special report detailing all the ways climate change is predicted to wreak havoc on humans. The report is about 800 pages long, so I’ll offer a summary to save you some time:
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10.15.18- International relations: the calm before the storm?
The current situation – extending from the Russian response to the destruction of its Ilyuchin-20 to the US mid-term elections on 6 November – is uncertain. All the protagonists of the war in Syria are waiting to see whether the White House will be able to pursue its policy of breaking away from the current international order, or if Congress will become the opposition and immediately trigger the process for the destitution of President Trump. Read More |
10.13.18- The Last Rebels: 25 Things We Did as Kids That Would Get Someone Arrested Today
Here’s the problem with all of this babying: it creates a society of weenies. There won’t be more rebels because this generation has been frightened into submission and apathy through a deliberately orchestrated culture of fear. No one will have faced adventure and lived to greatly embroider the story Kids are brainwashed – yes, brainwashed – into believing that the mere thought of a gun means you’re a psychotic killer waiting for a place to rampage. They are terrified to do anything when they aren’t wrapped up with helmets, knee pads, wrist guards, and other protective gear. Read More |
10.12.18- Dow 40,000 is coming, but only after ‘a large panic event’ passes, analyst warns
Back in January 2016, when the Dow Jones Industrial Average DJIA, +0.15%was trading around the 16,000 level, Yves Lamoureux, president of macroeconomic research firm Lamoureux & Co., said the blue-chip index would topple 25,000 within three or four years. It didn’t take that long. Now, with the Dow clinging to a 500-point cushion above that milestone, Lamoureux is standing firmly behind another bullish call: Dow 40,000. Oh, but there’s a catch.
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10.11.18- The Human Drive for Inequality
After the invention of the telephone in the mid- to late-1800s, innovators produced great accomplishments as they strived to improve the technology to In 1913 (the same ominous year in which the Federal Reserve Act was created, destroying the foundations of the free market), American Telephone & Telegraph cronied its way into a government-created telecommunication monopoly that lasted for 70 years. And during that time, telephone innovation stopped cold. Our phones were wired permanently to the wall. Oh, and they weren’t our phones. Read More |
10.10.18- The Cracks In The Market’s Floor Grow Wider
The yield on the 10-yr Treasury has broken out, hitting its highest level since July 2011: By the end of June 2011, the Fed had only reached its half-way mark in money printing. It was shortly thereafter that the Fed had implemented its “operation twist.” Operation twist consisted of selling the Fed’s short term holdings and using the proceeds plus extra printed money to buy Treasuries at the long-end of the curve – primarily 10-yr bonds. That program is what drove the 10-yr bond yield from 3.40% in July 2011 to as low as 1.33% by mid-2016. At one point the Fed owned more than 50% of all outstanding 10-yr Treasuries. The Fed’s massive money hyper-stimulated the housing and auto markets. Read More |
10.09.18- The Biggest Threat to US National Security Is the US Government
Jonathan H. Adler, Professor at Case Western University School of Law, noted, regarding George W. Bush’s secret policy for the NSA to access everyone’s phone-records, that “The metadata collection program is constitutional (at least according to Judge Kavanaugh),” and he presented Judge Kavanaugh’s entire published opinion on that. Kavanaugh’s opinion stated that the 4th Amendment to the US Constitution could be shoved aside because he thinks that the ‘national security’ of the United States is more important than the Constitution. Kavanaugh wrote:
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10.08.18- With corruption like this, it’s no wonder so many pension funds are insolvent
Vicki Fuller, the former head of New York’s $209 billion fund, now earns $275,000 per year working part time for a natural gas group called The Williams Companies– good work if you can get it. It’s noteworthy that when Ms. Fuller ran her state pension fund, she invested $110 million of taxpayer money to buy bonds issued by none other than The Williams Companies. Bear in mind that Moody’s, the credit rating agency, downgraded Williams’ financial outlook to “negative” because of the company’s high leverage and risk. The fund that Ms. Fuller managed also voted in favor of huge, multi-million dollar pay packages for senior executives of The Williams Companies even though the stock price was dropping. Read More |
10.07.18- Ask yourself: Why are there no prescription medications without horrific side effects?
Due almost entirely to these nasty eating habits, about 200 million Americans seek medical doctors to prescribe them chemical-filled pills to kill the pain, quell the hypertension, reduce the inflammation, unclog the clots, numb the anxiety, and nullify the depression. Read More |
10.06.18- Think You're Prepared For The Next Crisis? Think Again.
Scottish poet Robert Burns aptly penned the famous phrase: “The best laid schemes o' mice an' men/Gang aft a-gley.” (commonly adapted as "The best laid plans of mice and men often go awry.") How right he was. History has shown time and time again that the only 100% predictable outcome to any given strategy is that, when implemented, things will not go 100% according to plan. Read More |
10.05.18- The World Is Quietly Decoupling From the U.S. – And No One Is Paying Attention
This delusion has also recently bled into parts of the alternative economic movement, with some analysts hoping that the Trump Administration will somehow reverse several decades of central bank sabotage in only four to eight years. However, this thinking requires a person to completely ignore the prevailing trend. Years before there was ever an inkling of a trade war, multiple nations were establishing bilateral agreements that would cut the dollar out of trade. China has been a leader in this effort, despite it being one of the largest buyers of U.S. Treasury debt and dollar reserves since the 2008 crash. In the past few years, these bilateral deals have been growing in scope, starting small and then expanding into massive agreements on raw commodities. China and Russia are a perfect example of the de-dollarization trend, with the two nations forming a trade alliance on natural gas as far back as 2014. That agreement, which is expected to start boosting imports to China this year, removes the need for dollars as a reserve mechanism for international purchases. Read More |
10.04.18- The Tyranny of the U.S. Dollar
There’s a paradox at the heart of global finance. The U.S. share of the world economy has drifted lower for decades, and now President Trump is retreating from the American chief executive’s traditional role as Leader of the Free World. Yet the U.S. dollar remains, as the saying goes, almighty. “American exceptionalism has never been this stark,” Ruchir Sharma, head of emerging markets and chief global strategist for Morgan Stanley Investment Management, said at a Council on Foreign Relations symposium on Sept. 24. By the latest tally of the European Central Bank, America’s currency makes up two-thirds of international debt and a like share of global reserve holdings. Oil and gold are priced in dollars, not euros or yen. When Somali pirates hold up ships at sea, it’s dollars they demand. And threats to be cut off from the dollar-based global payments system strike terror into the likes of Iran, North Korea, and Russia. It’s no exaggeration to say that the dollar’s primacy is at least as valuable to the U.S. as a couple of aircraft carrier strike groups. Read More |
10.03.18- How America Can Free Itself From Wall Street
Wall Street banks triggered a credit crisis in 2008-09 that wiped out over $19 trillion in household wealth, turned some 10 million families out of their homes and cost almost 9 million jobs in the U.S. alone. Yet the banks were bailed out without penalty, while defrauded home buyers were left without recourse or compensation. The banks made a killing on interest rate swaps with cities and states across the country, after a compliant and accommodating Federal Reserve dropped interest rates nearly to zero. Attempts to renegotiate these deals have failed. In Los Angeles, the City Council was forced to reduce the city’s budget by 19 percent following the banking crisis, slashing essential services, while Wall Street has not budged on the $4.9 million it claims annually from the city on its swaps. Wall Street banks are now collecting more from Los Angeles just in fees than it has available to fix its ailing roads. Read More |
10.02.18- Imaginary Monsters and the Uses of Chaos
One element of the story is clear, though. The Democratic party, in the absence of real monsters to slay, has become the party devoted to sowing chaos, mainly by inventing new, imaginary monsters using the machinery of politics, the way the Catholic Church manufactured monsters of heresy during the Spanish Inquisition in its attempt to regulate “belief.” “I believe her” is the new totalitarian rallying cry, conveniently disposing of any obligation to establish the facts of any ambiguous matter. It was stealthily inserted in our national life during the Obama years, when Title IX “guidelines” originally written to correct imbalances in college sports funding for men and women were extended to adjudicate sexual encounters on campus. The result was the setting up of officially sanctioned kangaroo courts where due process was thrown out the window — by people who have should have known better: college presidents, deans, and faculty. That experiment produced not a few spectacular injustices, such as the Duke Lacrosse team fake rape fiasco, the University of Virginia fake rape fraternity incident, and the Columbia University “Mattress Girl” saga — all cases eventuating in punishing lawsuits against the institutions that allowed them to spin out of control. Read More |
19.01.18- Empire of Lies: Are ‘We the People’ Useful Idiots in the Digital Age?
“Who needs direct repression,” asked philosopher Slavoj Zizek, “when one can convince the chicken to walk freely into the slaughterhouse?” In an Orwellian age where war equals peace, surveillance equals safety, and tolerance equals intolerance of uncomfortable truths and politically incorrect ideas, “we the people” have gotten very good at walking freely into the slaughterhouse, all the while convincing ourselves that the prison walls enclosing us within the American police state are there for our protection. Read More |
09.29.18- Gold Investors: It Is Time for a Logic Lesson
The Transitive Quality of Equality states that "if a = b and b = c, then a = c." The Transitive Quality of Gold Pricing is "if I buy gold based upon demand and supply, and demand and supply have no bearing upon price, then I am buying gold with no concern for price," which is total insanity. We have seen in the past 30 years how the Crimex banks are able to use the paper markets to influence not only near-term demand but also long-term supply. By suppressing price, they are now influencing supply with no better confirmation than the paucity of new BIG gold discoveries since the 1990s. Read More |
09.28.29- Investors Have Fallen Into a False Sense of Security
Then markets were turned upside down in a matter of days. Major stock market indexes fell over 11%, a technical correction, from Feb. 2–8, 2018, just five trading days. The CBOE Volatility Index, commonly known as the “VIX,” surged from 14.51 to 49.21 in an even shorter period from Feb. 2–6. The last time the VIX has been at those levels was late August 2015 in the aftermath of the Chinese shock devaluation of the yuan when U.S. stocks also fell 11% in two weeks. Investors were suddenly frightened and there was nowhere to hide from the storm. Read More |
09.27.18- The Real Reason the Government Won’t Hold Big Tech Accountable
The government is coming to regulate them. Someone leaked a draft of an executive order from President Trump. It calls on various agencies to use all current laws to look into possible anticompetitive practices by Facebook and Google. In fact, the EU already fined Google $5 billion in July for “abusing the market dominance of Android.” And now they’ve set their sights on how Amazon uses customer and seller data. Elizabeth Warren wants to force Amazon to choose between providing a platform for sellers and selling goods. Echoing European Union regulators, she says Amazon has an unfair advantage by competing against the same sellers it collects information from on its platform. Read More |
09.26.18- Insider Selling Soars: Fastest Pace Of September Sales
One month later, TrimTabs is out with a follow up monthly report which finds even more of the same: according to the investment research company, the "best-informed market participants" are selling their own stocks at the fastest pace in September in the past decade, even as stock buyback announcements have hit record levels. Read More |
09.25.18- TECH ALERT: Big Bucks From “Blood Valley”
And along with it went the recording studio which a famous rock band had booked for a free session the next day. The members of the band watched in horror as the flames leapt into the night sky. It was 1971 and the fire in the sky and the smoke that hung over the waters of a nearby lake would soon inspire the band’s most famous song. As some of you might have already guessed, the band was Deep Purple and the song was Smoke on the Water. That song’s iconic bass riff motivated me into picking up the guitar, and even made me harbor thoughts of a career on stage… My rock star aspirations were short-lived. However, thanks to scientists from the University of Washington, Microsoft and Twist Bioscience, that song could soon live on forever… Literally. Read More |
09.24.18- These Three Items Will Be Hit The Hardest Thanks To Trump’s Tariffs
By now, hopefully, Americans have put two and two together and figured out that it isn’t the Chinese government that will pay for Trump’s tariffs, but the Chinese consumer. Much like the American government will not pay for China’s tariffs, it will be the American consumer. Those costs are passed on directly to the public in the form of higher cost of goods. And if you’re looking for a new vacuum or tires, or maybe you’d like to upgrade your computer, expect much higher prices immediately. Read More |
09.22.18- "The News Just Ain't The News No More"
Those of us who were alive before the meteoric rise of the hardware and software of ‘social’ media may be able to relate a little more and better than those who were not, but even that is not a given. There are plenty people over 20, over 30, that make one think: what did you do before you had that magic machine? When you walk down the street talking to some friend, or looking at what your friends wrote on Facebook, do you ever think about what you did in such situations before the machine came into your life? Read More |
09.21.18- There’s a New Crash Coming
Donald Trump is the epitome of irrational exuberance. You might remember that phrase from the 1990s. Alan Greenspan, the head of the Federal Reserve at the time, was describing how the tech boom was creating a bubble by generating enthusiasm way out of proportion to the actual value of the new companies. Such an unwarranted economic boom was hardly something new, so it was easy to predict what would happen next. Periods of irrational exuberance — whether the dot-com expansion, Dutch tulipmania in the 17th century, or the housing bubble in America of the 2000s — have always led to a sudden crash and a serious hangover. And now, here we go again. Read More |
09.20.18- The Donald in Wonderland
Once upon a time, there was a little-known energy company called Enron. In its 16-year life, it went from being dubbed America’s most innovative company by Fortune Magazine to being the poster child of American corporate deceit. Using a classic recipe for book-cooking, Enron ended up in bankruptcy with jail time for those involved. Its shareholders lost $74 billionin the four years leading up to its bankruptcy in 2001. A decade ago, the flameout of my former employer, Lehman Brothers, the global financial firm, proved far more devastating, contributing as it did to a series of events that ignited a global financial meltdown. Americans lost an estimated $12.8 trillion in the havoc. Despite the differing scales of those disasters, there was a common thread: both companies used financial tricks to make themselves appear so much healthier than they actually were. They both faked the numbers, thanks to off-the-books or offshore mechanisms and eluded investigations... until they collapsed. Read More |
09.19.18- Leave Home
The simple (and tragic) answer to this question is that there is no such solution. The two objectives are mutually exclusive. Throughout the ages, whenever an empire has begun its inevitable collapse, no country has ever woken up and reversed the process. In every case, the government rides the decline to the bottom. And, along the way, a series of policies is invariably undertaken to save those in government in the downward rush. These policies are always at the expense of the populace. Invariably, as the decline worsens, governments drag out the same policies that all other failing empires have implemented before them: Devaluation of currency, default on debt, increased warfare, creation of a police state and, finally, the looting of all those citizens who have even a modicum of wealth. The question is not whether we like our home country as it presently is, but whether we’re prepared to accept what it’s about to become. Read More |
09.18.18- “Lehman - Ten Years Later”
2008 had already had more than its share of financial turmoil. In the months leading up to 9/15/2008, Bear Stearns, Fannie/Freddie, and AIG had already had major blowouts. The stock markets were very itchy and everyone was on edge. Most who worked in the industry knew it was just a matter of time until something much more systemic took place. Up until this time, the contagion had been mostly limited to the US, with some minor external collateral damage. We were both heavily involved in the financial/economic landscape at this time. Andy was running his investment advisory and economic consultancy firm and Graham was a strategy analyst for a major G7 central bank. We had already both come to independent conclusions that this was going to be a long emergency as coined by James Kunstler. This was not going to be a 3 or 6-month event and then it would be roses and cherries and cream for the whole world. Read More |
09.17.18- What Keeps Them Up at Night
The tenth anniversary of the Wall Street created financial catastrophe brought back some bittersweet memories this week. I wrote my first articles during the summer/fall of 2008 for Seeking Alpha. They included: Is The U.S Banking System Safe? (Aug 2008), The Great Consumer Crash of 2009 (Aug 2008), Looming Financial Catastrophe: A Real Inconvenient Truth (Aug 2008), Is Wachovia the Worst Run Bank in America (Sept 2008), The U.S. on the Precipice (Sept 2008), On Board the U.S.S. Titanic (Sept 2008), Our Coming Depression (Oct 2008), among others. I was pumping out 5,000 word articles every 2 or 3 days. Read More |
09.15.18- California’s War on the U.S. Dollar
Californians have historically been on the cutting edge of social and political change. Whether it was protesting the Vietnam War or advocating for free speech or civil rights, California has always been among the first states to get involved. And it’s on the front lines once again. Its opponent: the federal government. The latest battle is over fuel efficiency rules for cars. The Trump administration wants to strip California of its right to set its own air quality rules. California isn’t backing down, though. It says the proposal “is contrary to the facts and the law.” And it’s looking to change its rules to make any federal changes null and void. California attorney general Xavier Becerra said, “We’re going to do everything we must do to continue to move forward rather than backslide.” In fact, California has already threatened to sue the federal government. There’s a lot at stake. Read More |
09.14.18- America’s False History
Griffin’s book is a humdinger and will certainly upset brainwashed American super-patriots, but it throughly documents how Washington’s aggression toward other lands is covered up by politicians, media, and court historians with moral verbiage. In my view the hubris, arrogance, and ignorance of “American exceptionism” has the world locked on a trajectory to its extinction in nuclear Armageddon. Curtin points out that Griffin makes an extraordinary mistake, unusual for a scholar as careful as Griffin, in his assessment of President John F. Kennedy. President Kennedy was the president who tried to move America’s trajectory off of its demonic path and was murdered by his own government for his attempt. But as I have said, none of us knows everything. We often have to rely on others, and others, also, make mistakes. Read More |
09.13.18- Pandemic scare brewing as cabal faces doom
The pandemic scare comes as the execution of U.S. Senator John McCain sent shock waves through Khazarian mafia ranks, who are now activating all their resources in a desperate move to save themselves. Thus, this pandemic scare may be something like a schoolboy calling in a bomb threat to his school in order to avoid an exam he is going to fail. However, it is also possible the U.S. military-industrial establishment may be preparing a pandemic scare as a cover to stop all airline flights worldwide in order to prevent Khazarian mafia from escaping, as over 51,000 sealed indictments begin to be acted upon. Read More |
09.12.18- The World Is Ganging up Against the Dollar
As the U.S. wields the dollar weapon more frequently, the rest of the world works harder to shun the dollar completely. I’ve been warning for years about efforts of nations like Russia and China to escape what they call “dollar hegemony” and create a new financial system that does not depend on the dollar and helps them get out from under dollar-based economic sanctions. These efforts are only increasing. Read More |
09.11.18- How to Purge the Rot From American Finance
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09.10.18- Why Most Investors Fail to Beat “The Market”
But Chris Mayer, Bill’s ace stock picker, doesn’t see what all the fuss is about. As today’s guest editor, he shows readers how to look past the headlines and aim at the bigger picture. You probably keep hearing about how this bull market is now the longest on record. To me, it’s an interesting tidbit, but it doesn’t really mean much. For one thing, we don’t own “the market” – which, in these contexts, usually means the S&P 500 Index. We own individual stocks. As I always like to remind people, the ups and downs of those stocks can be very different from those of “the market.” Read More |
09.08.18- The pension crisis is bigger than the world’s
As you probably know, pensions are giant pools of capital responsible for paying out retirement benefits to workers. And right now many pension funds around the world simply don’t have enough assets to cover the retirement obligations they owe to millions of workers. In the US alone, federal, state, and local governments, pensions are about $7 TRILLION short of the funding they need to pay out all the benefits they’ve promised. (** And that doesn’t include another $49 trillion in unfunded Social Security obligations…) Read More |
09.07.18- The 10 most important lessons in finance
Jim is the editor of Grant’s Interest Rate Observer – one of the most-respected and followed financial publications in the world. In his 35 years writing Grant’s, Jim has seen a financial cycle or two. And he’s amassed a network of many of the most important people on Wall Street (who often share their insights in his publication). We’re excited to share a special piece from Jim in Notes today about the 10 most important lessons he’s learned in his 35 years in financial markets. It’s a bit long, so we’ll publish the first half today and the rest tomorrow. Read More |
09.06.18- Amazon is Far More Dangerous and Powerful Than You Want to Admit
– From my November 15, 2017 post: Amazon Poses a Serious Threat to Freedom and Free Markets Today’s post should be seen as an update to last year’s article referenced above. In the months that have followed, I’ve been consistently frustrated by the lack of interest when it comes to the dangers presented by Amazon and its richest man in the world ($165 billion as of last count) CEO Jeff Bezos. The following Twitter exchange is a good example of what I mean: Read More |
09.05.18- How People Become Easily Controlled By Tyrants
This is a very complex issue, but I’ll break it down as best as I’m able… The Psychology Of The Tyrant To come to terms with how tyrants control society, we must first examine how the mind of a tyrant operates, because these people do not in most cases think the way average human beings think. It is one of the few cases in which I would encourage people to “otherize” another group. Tyrants are psychologically abnormal to such an extreme that is is difficult to classify them as human. Read More |
09.04.18- The Terrifying Paintings by ArtificiaI Intelligence
And its one hell of a mutilated abortion. Words that spring to mind: monstrous, from hell, distorted, terrifying, soulless… Its like self-portraits of a family of aristocrats if they were each and every one of them a soul-sucking demon. If this is what Artificial Intelligence has to offer in terms of art, if these images are the seeds of that future, count me out. A French art collective, selling these little monsters at Christie’s for beaucoup bucks, fine. But I can’t tell.This collection is called Obvious. Obviously what? Obviously a horror show? Read More |
09.03.18- Progressives: The Real World vs. Neverland
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09.01.18- Forget who takes the mid-terms: Here’s how to personally repeal Obamacare
Back in 2010, Congress and President Obama completely overhauled the US healthcare system with the “Affordable” Care Act (aka Obamacare). Their intention was to provide all US citizens with access to healthcare. But, the result of government interference in markets was – surprise – rising costs and lower quality service. Over the past several years, politicians have paid lip service to abolishing Obamacare. Even with a Republican-controlled House and Senate in 2017 and 2018, Congress couldn’t issue a repeal. And now, US midterms elections are looming. Read More |
08.31.18- Economic Doom Returns: Emerging Market Currencies Collapse To Record Lows As Global Financial Chaos Accelerates
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08.30.18- Making It in the United States:
Only a handful of politicians and media members are talking about issues affecting the day-to-day lives of people. Americans care about things such as obtaining health insurance, earning a decent wage, buying a home, and sending their kids to college. On the surface, it seems like the United States has turned the corner. Unemployment has now fallen to 4.1% which is actually below what economists call the “natural rate of unemployment”. But beyond this number, Americans still face many challenges. The truth is that we are in for a world of hurt if another recession hits us and we could be due for one soon after almost nine years without one. The recent bipartisan deregulation of banks, Donald Trump’s trade war threats, increasing debt loads, and declining savings by households all point to a potential recession soon. Read More |
08.29.19- Evade Market Weakness in the Summer by
In the last issue of Seasonal Insights we have talked to you about biotech and pharmaceutical companies as industries that withstand the traditional summer weakness in stock markets. Six weeks ago, we have shown that gold is an asset one can purchase in the summer months to offset this phenomenon. Warning: don’t let the media mesmerize you in the summer months – the stocks of media companies are a veritable seasonal minefield in August to October. [PT] Naturally, investors also have the option to use traditional patterns in a different way. In this issue we will show you how a distinct seasonal pattern which generates recurring losses represents an opportunity to profit by going short. Let us take a closer look at the media sector, which is traditionally performing very poorly in the month of August. Read More |
08.28.18- How the Socialism of Imperial Rome Ushered in Feudalism
The state had long since owned most quarries, salt deposits, and mines; now it forbade the export of salt, iron, gold, wine, grain, or oil from Italy, and strictly regulated the importation of these articles. It went on to control establishments producing for the army, the bureaucracy, or the court. In munition factories, textile mills, and bakeries the government required a minimum product, bought this at its own price, and made the associations of manufacturers responsible for carrying out orders and specifications. If this procedure proved inadequate, it completely nationalized these factories and manned them with labor bound to the job. Read More |
08.27.18- Most Americans Don’t Understand This Problem…
Though he was wealthy and didn’t need to, he said he liked the work because it reminded him that no matter how rich you are, you’re never too good to get your hands dirty. He also liked gardening because it was a metaphor for how he saw the world. “Building something beautiful takes much toil and patience,” he said. “You cannot rush gardening. You must plant well, understand what you’re doing, and pull all weeds up by their root.” Explaining further he said, “Many people want to quickly identify problems in their life and then cut them down. The problem is that, like a weed, they never dig up the root. So, later the same problem comes up. In life and in money, you must understand the root of your problems.” Several years ago, I read a great article by Barbara Kiviat entitled “The Case Against Home Ownership,” published in TIME magazine. In that article, Ms. Kiviat rightly identifies, in so many words, that the myth of your house being an asset has contributed greatly to our current financial crisis. Read More |
08.25.18- Services Rendered
The diner understands that he’s not obligated to order anything that he doesn’t want to receive, but that, for whatever he does order, he must pay the price on the menu. The subtotal is printed in large type on the charge slip. He may then decide whether or not the service he received was of particular value to him. Diners typically choose to pay somewhere between 10% and 20%, depending on the value they feel they’ve received. But the receipt above differs from the norm. After the “Tip” line, another line exists for “Voluntary Tax.” This is a very special coffee shop. In this shop, the owners and servers pay no involuntary tax and therefore, no tax is passed on to the diner. In this coffee shop, the diner decides what level of tax he feels he should pay his government, in accordance with what he feels his government’s contribution has been to his meal. Read More |
08.24.18- Why Do People Assign Value to Paper Money?
Following the view of Plato and Aristotle, economists regard the acceptance of money as an historical fact introduced by the government decree.1 It is government decree, so it is argued, that makes a particular thing accepted as the general medium of the exchange, i.e., money. In his writings, Carl Menger raised doubts about the soundness of the view that the origin of money is a government proclamation. Read More |
08.23.18- Why You Should Forget School and Let Kids Play
Seriously, it took the American Academy of Pediatrics to let us know that? Better yet, the doctors now recommend that parents even get involved in playing with their children, especially before they turn two.
It is great that they are getting this right, but it really shouldn’t take an Academy of doctors to know this. It should be pretty intuitive. Kids automatically run around, play, and make up games when left alone. So I suppose the only surprising part to some people should be that sometimes, you should leave your kid alone. Read More |
08.22.18- Most People Struggle Financially Because
Yet we hear countless stories about the multi-million dollar athlete who is homeless 10 years later. Or the guy who won the lottery only to soon find himself penniless. It’s not how much money you make. But how much money you keep. I cringe whenever I hear people ask me how to get rich quicker, or where they should start. I often hear, “I need to make more money.” I hate hearing any of that, because more money will often not solve the problem. In fact, it may compound the problem. Money often puts a spotlight on what we don’t know. That is why, all too often, a person who comes into a sudden windfall of cash—an inheritance, a pay raise, or lottery winnings—soon returns to the same financial mess, if not worse, than the mess they were in before. Read More |
08.21.18- How to Protect Your Money from Financial Warfare
I would put Russia, China, Iran, North Korea and a few others at the top of the list. Russia and China at the top of the list but Iran certainly has good cyber-warfare capability. They’re employing what they call Cyber Brigades that spend all their time basically hacking into the critical infrastructure systems I described above. It’s a good bet that all of these systems have already been penetrated. No one can beat the U.S. in a conventional war right now. China, especially, is catching up, but it’s not ready at this time. That’s why they’re focusing on attacking America’s critical infrastructure vulnerabilities. Read More |
08.20.18- The Telltale Signs of Imperial Decline
Check which signs of Imperial decline you see around you: The hubris of an increasingly incestuous and out-of-touch leadership; dismaying extremes of wealth inequality; self-serving, avaricious Elites; rising dependency of the lower classes on free Bread and Circuses provided by a government careening toward insolvency due to stagnating tax revenues and vast over-reach--let's stop there to catch our breath. Check, check, check and check. Sir John Glubb listed a few others in his seminal essay on the end of empiresThe Fate of Empires, what might be called the dynamics of decadence: Read More |
08.18.18- The West Continues to Rot at the Core as it Obsesses Over the Short-term
This is not to say that it does not have a purpose, because undoubtedly it does. This cannot and will not be denied, except by those who identify themselves as having anarchist traits. Yet, it is still a farce. It is corrupt, it is short-sighted and it is riddled with problems. But in our “semi” capitalistic system, it is what we have. And we have to make the best of it. This, however, does not stop us from striving to improve it. In fact, I believe this should be a major goal of Western society as a whole. The stock market, in tandem with the free market, has led to the most powerful economic engine this world has ever seen. Even if it is now riddled with disease, it is and will be for the foreseeable future a juggernaut in the economic landscape. We should constantly strive to weed out corruption within the system and work towards improving the function of the markets as a whole. However, one issue that has once again been pushed to the forefront is the fact that Western markets are incredibly short sighted. Read More |
08.17.18- Turkey: A Glimpse of America’s Future
This week, we began looking at Turkey, but only because Donald Trump sent an extraordinary tweet last Friday. In it, the president broke with tradition and common sense in a remarkable way. He used a crash in the Turkish lira to justify a new attack in the trade war. Instead of soothing words that might have calmed the crisis situation, his tweet made it worse. And instead of coming to the aid of an ally in difficulty, he piled on. We had never previously spent even two minutes thinking about Turkey or its finances. But then, after the president roused our curiosity, we saw what we think was a glimpse of the future. Read More |
08.16.18- A traditional plant native to Thailand effectively manages obesity, according to new study
For the study, researchers from Suranaree University of Technology in Thailand derived the extract of broken bones from the fruit pods of the plant. They looked at the effects of broken bones plant extract on the adipogenic and biomolecular change in 3T3-L1 adipocytes. They used the cell line 3T3-L1 to establish the potential toxic effects of broken bones plantextract during adipogenesis, the differentiation of pre-adipocytes into adipocytes. In addition, the researchers analyzed the inhibitory effect of broken bones plantextract on lipid accumulation in 3T3-L1 cells. They also assessed the chemical components of broken bones plantextract derived from the fruit pods of the plant. Read More |
08.15.18- Generation Z: The Intolerant Ones
Generation Z is racially diverse, increasingly secular, and very much online. Non-Hispanic whites make up just over half of this cohort, compared with 72 percent of Baby Boomers. In religious terms, 13 percent of Generation Z identifies as atheist, compared with only 7 percent of millennials. And according to a 2015 Pew report, 92 percent of teens access the internet daily and 73 percent have access to a smartphone. Born in 1997 or later, Generation Z was too young to form a coherent memory of the September 11th terror attacks. They have no memory of a pre-9/11 world or a time when the U.S. didn’t have a military presence in Afghanistan. Many are too young to remember a time before smartphones. Apple released the iPhone in 2007, and by 2012, more than half of all Americans owned a smartphone. Read More |
08.14.18- The Law As Weapon
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08.13.18- Pater Familias
In the award wining series, Downton Abby, the pater familias of that family, Lord Grantham, loses a great deal of money on a single investment and is horrified that he will be the one to lose the family estate and bring shame to generations that came before him. The oldest family business in the world was Kongo Gumi in Japan. They built and repaired temples since 578 and went bankrupt in 2006 after 1428 years of continuous operation due to excess debt. While I do not know the details of the bankruptcy I would have not have wanted to be the pater familias at the time of that bankruptcy – especially in a society that so greatly values family honor. Read More |
08.11.18- Experts Warn That The “Scariest”
Doug Ramsey, the chief investment officer at Leuthold Group, is one of those that is sounding the alarm. Unlike price to earnings ratios, price to sales ratios are very hard to manipulate, and he has pointed out that price to sales ratios are higher than we have ever witnessed before. Read More |
08.10.18- This Time Is Different — No, Really
The wise man remembers. The fool forgets. The wise man listens. The fool talks. He ignores both the living and the dead… the immemorial dead, whose whispers carry the distilled wisdom of history. No — this time is different, comes the fool’s eternal cry. The past is of no use to me. Rising economic interdependence had rendered war obsolete, argued the foolish author of The Great Illusion in 1909. Read More |
08.09.18- Students Say 'Young Democratic Socialists Of America'
The YDSA National Coordinating Committee has two “Co-Chairs” and four “at -large” members, all of whom are elected annually at the organization’s Summer Convention. The Committee oversees “activities, fundraising, publications, education, general political direction, and coalition work” of YDSA chapters nationwide. Read More |
08.08.18- Even Lefties Get it… Today’s Housing Bubble
We are too some of those 3.5 million views. Of course not many of us also enjoyed that same day’s obvious record high volume, $100 gold market intervention swing. But we digress, to the reflated, now larger housing bubble ongoing. Unlike the previous housing bubble of yore (the 2007 version). These now humbled, left ideologues can also see the writing clear on the wall. Read More |
08.07.18- Welcome to Bad Faith
When this big glob of shit hit the Internet fan, The Times’s HR department cranked out the pathetically lame explanation that Ms. Jeong was merely “mirroring” or “counter-trolling” malicious tweets she had received over the years, “imitating the rhetoric of her harassers.” That left the old newspaper and its readers gratified for a day or too… until a whole new bale of Sarah Jeong tweets was discovered dissing The New York Times and virtually all of its other op-ed writers in the most opprobrious terms. Read More |
08.06.18- Here's Why 3D-Printing Guns Are A Win For World Peace And A Potential Death Blow To Tyranny
For generations, advocates of private gun ownership have been fighting exhaustively through political channels to protect their right to keep and bear arms. Gun owners even have one of the strongest lobby groups in Washington, the highly disappointing NRA. Yet over the years, gun rights continue to diminish in America, despite the constant political campaigns by the NRA and politicians that claim to support gun rights. However, in the past few years, one guy with a good idea has managed to do more to protect gun rights than the NRA has in decades of political involvement. Cody Wilson is the founder of “Defense Distributed” and the “Wikiweapon” project, which allows anyone with a 3D printer to create their own untraceable gun in the privacy of their own home. Read More |
08.04.18- Here’s What the “Doom Index” Is Telling Us Now…
The index is monitored by the able Joe Withrow. As Joe will show you below, after reaching our “extreme warning” level earlier this year, the Doom Index has cooled off. But that’s only half of the story. Read on… Today, we check in on our Doom Index reading for the second quarter of 2018. Regular Diary readers will remember that the Doom Index is made up of 11 key indicators. These indicators track the health of both the Main Street and Wall Street economies. [For a full review of the Doom Index, go here.] After reviewing all the data from Q2, here are the results… The Good News For the second quarter of this year – from the start of April through the end of June – the Doom Index level is at 6. That’s down from 7, where the Doom Index ranked for Q1. Read More |
08.03.18- Conservatives Banned From Social Media? Here's What They Can Do About It
However, in the wake of the social justice cult frenzy some companies have decided that ideology is more important than profit, and most of these companies are deeply involved in various forms of media. Some people will argue that the media has always been leftist in its orientation and that this trend is nothing new. But, I think it is clear to anyone who has worked in countering mainstream media disinformation that something is very different today. Conservatives are being “cleansed” from participation in these communications platforms, and conservative ideals are being erased or misrepresented on a massive scale. Not long ago, media companies at least pretended to be “fair and balanced” by tolerating a certain level of participation by conservatives. No longer. Read More |
08.02.18- FALSE FLAG WARNING: ‘Perfect Storm’
(Natural News) Today I’ve posted an urgent warning video, which you can see in full, below. This video — which would have been banned by YouTube and Facebook — is available exclusively on REAL.video. It explains that Aug. 4 is shaping up to be a “perfect storm” false flag event, where deaths are staged in order to blame conservative Americans and sway public opinion for the upcoming mid-term elections. While we hope no such events ever take place, this weekend is a prime target for anti-America forces to stage precisely such a crisis. What’s the motivation behind it? If Democrats gain a majority in the U.S. House of Representatives, they promise to impeach President Trump — an act that would likely set off a nationwide civil war. By staging events that allow them to blame Trump supporters for violence or deaths, they hope to sway public opinion against conservatives and “steal” the mid-term elections. Read More |
08.01.18- COURT DOCS: SPLC Co-Founder Accused of Trying to Molest Step-Daughter With Sex Toy
It has now been exposed that the organization is awash in pedophilia. George Clooney and his wife recently contributed $1,000,000 the the SPLC. Please take note of the number of Ashkenazi Jews that control the organization. The SPLC is an enemy of the Republic. - JSB The SPLC is known for doling out questionable “hate group” labels. A recently-uncovered court document from the divorce proceedings of a prominent Southern Poverty Law Center (SPLC) figure alleges horrific conduct on behalf of one of the most influential lawyers in America. Read More |
07.31.18- An Illustrated Glossary of Cryptocurrency Slang |
07.30.18- Why Americans Are About To Experience
It appears that the "short-term" part has now arrived, because after several rounds of tit-for-tat tariffs and retaliations between the US and China, American consumers are about to be hit with sharply higher prices as tariffs on industrial metals put pressure on U.S. manufacturers. In May, President Trump imposed steel and aluminum tariffs on the EU, Canada, and Mexico to help preserve America’s manufacturing base. The response: steel and aluminum prices have risen 33% and 11% respectively since the beginning of the year, as manufacturers began to price in the tariffs. Read More |
07.28.18- The Treasonous Democratic Party
In this one TV broadcast - Carlson shows that the Democrats have gone far beyond “lying through their teeth political partisanship” into deranged hatred of President Trump and the American people who elected him. The Democrats’ insane hatred of “Trump deplorables” has firmly allied the Democrats with the corrupt military/security complex in a plot to overthrow the elected President of the United States. Carlson presents the former heads of US intelligence in the corrupt Obama regime accusing President Trump of treason against the United States for trying to normalize relations with Russia and endangering the United States for trying to make peace. Read More |
07.27.18- Valuing Gold In A World Awash With Dollars
In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed or even a foreign central bank. In the very short term, a tendency to moderate monetary policy might allow the gold price to recover from its recent battering. Unlike the last credit crisis when the dollar rose sharply in a general panic for safety, on the next crisis, the dollar is likely to fall substantially. The reason is that foreign ownership of dollar investments (typically in US Treasuries) appears greatly overextended, and an additional $4 trillion of liquidity is in the wrong (non-US) hands. This is likely to be unloaded during a general credit crisis, driving the dollar lower. Read More |
07.26.18- Get Ready for the “100-Year Flood”
From the Black Death in the 14th century to the Thirty Years’ War in the 17th century to the world wars of the 20th century, gold has been a reliable store of wealth. There is no reason to believe that such existential events are no longer a danger. Below is a copy of Albrecht Dürer’s woodcut titled The Four Horsemen of the Apocalypse (1498). That title is a reference to the New Testament Book of Revelation 6:1-8. Conventionally the horsemen are called Conquest, War, Famine and Death, but those names are subject to scholarly debate. The “Famine” passage refers literally to high prices for food, which could also be taken as a reference to financial ruin through inflation. Read More |
07.25.18- The Lonely Road of the Free Thinker
Definition is the opposite of free thought in that it is definite, distinct, or clearly outlined. There is no need to think about it since it is a distinctly defined concept. It is not to say definition and form is a bad thing because form does exist in some way or another, but for society to evolve, transcending definitional thinking is the essential key to growth. The problem is that society often gets fixated in the present paradigm of definition, which has a current set of rules, parameters, and accepted ways of thinking. The truth is always thought of in regard to how it applies to the here and now paradigm of accepted truth, not what truth might have looked like in the past or how it might look in the future. People are very conditioned and afraid to question the currently accepted truths. Going against group-think often leads to social isolation, ridicule and even physical harm on some issues. Accepting the current truths of the current paradigm is a much safer and comfortable existence for any human being. Read More |
07.24.18- The Imperial Naivete of the American Public
Whether it's stated or not, one source of the inchoate outrage triggered by Russian-sourced purchases of adverts on Facebook in 2016 (i.e. "meddling in our election") is the sense that the U.S. is sacrosanct due to our innate moral goodness and our Imperial Project: never mind that the intelligence agencies of all great powers (including the U.S.) meddle in the domestic affairs and elections of other nations, including those of allies as well as geopolitical rivals-- no other great power should ever meddle with U.S. domestic affairs and elections. In effect, meddling in the domestic affairs and elections of other nations is the raison d'etre of all great power intelligence agencies: It's Time for a Little Perspective on Russia (Current Affairs) Read More |
07.23.18- What Happened To Our Country? These Are Not Our Values, This Isn’t Who We Are
As they like to declare over there in East Virginia, let me be clear. There are rational people who consider themselves either liberal or conservative. There are irrational people who are used as a broad brush to categorize them all. Not every liberal is a progressive socialist. Not every conservative is a white supremacist. There are conservatives more liberal than self-identified liberals. There are liberals more conservative than self-identified conservatives. I would say the same about self-identified Democrats and Republicans except with each passing day, that nom de plume is becoming more meaningless. Read More |
07.21.18- Four Obvious Areas for Improvement in America
That was the slogan used by then-presidential candidate Donald Trump and it propelled him to the most powerful and coveted job in the world – commander in chief of the United States. However, since Trump’s inauguration there has been much blustering and many unpopular policies that don’t seem to have been made with the promise of making America great again. While the United States makes worldwide news for the President’s tweets, other countries are implementing changes that are benefitting their citizens and helping to change the world positively. Read More |
07.20.18- Russiagate Is Constructed of Pure Bullshit, No Facts
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07.19.18- What the Origins of Money Teaches Us About Spontaneous Order
Imagine Sandy, a farmer in the Midwest, produces wheat, which she expects to exchange for barley. Two problems arise at this point. First, she needs to find a barley producer with whom to barter her products. This problem can be easily overcome if Sandy goes to a market where another farmer (let’s call him Billy) sells barley. Since both products are harvested during the same time of the year, the exchange would easily take place. Read More |
07.18.18- Our Rules of the Game: US Constitution
It’s indeed a “dark moment” for those who’ve for decades used the courts to accomplish what would have been impossible through federal and state legislatures — such as same-sex marriage, abortion and preferences with regard to race and sex. With this Supreme Court pick — and possibly another during his term — President Trump can return us to the Framers’ vision of the judiciary — a vision that’s held in contempt by many liberals and conservatives. Read More |
07.17.18- The Trade War Is Already Having A Huge Impact On The U.S. Economy
The U.S. is China’s second-biggest source of soybeans at 34% of the imports, after Brazil, which ships 53%. The staple is used to make cooking oil and seasoning, and soybean meal is found in pig feed. Now the tariffs have taken the bottom out of U.S. soybean prices, delivering a gut punch to farmers like Tim Bardole. He was already $100,000 in the red last year due to a yearslong slump in cereal prices, and the current predicament has driven him into a corner. “I’m not sure if I can get a loan from the bank to finance our next year’s crop,” said Bardole. Read More |
07.16.18- Complete Idiocy Engulfs The U.S.
The first time I watched this I thought it was a joke – product of National Lampoon. Then the reality of it hit me like a ton of bricks. Is this really a productive use of Congressional time? The entire U.S. system is hurling toward a debt-induced financial and economic apocalypse. At the same time the Deep State, using Trump as its hand-puppet, is alienating the U.S. from the EU/NATO, this country’s last remaining allies. The “trade war” is nothing more than the Deep State’s set-up for a military war. The dollar is being removed by China as the reserve currency, which will in turn take away the power enjoyed the elitists running the U.S. since Bretton Woods. If you are unsure how this story ends, take another look at history. Read More |
07.14.18- Hope and Change Are At Hand
Which raises an interesting question: if President Donald Trump’s most winning personal feature is that magnificent golden hair-do, why doesn’t he (or his family) get out of the pain-in-the-ass hotel business, with all its construction and maintenance issues and dirty sheets, and just put out shampoo? He is obviously adept at Twitter marketing and surely scores high in global brand recognition. Read More |
07.13.18- Public Pensions: The Ultimate Ponzi Scheme
They've promised full pensions to their workers. But they aren't putting aside enough money — or generating high enough returns — to fulfill those future obligations. Soon, they'll have to cannibalize current workers' pension contributions to pay retirees. Young and middle-aged government employees will likely never receive the retirement benefits they're counting on. It's too late to prevent this crisis. But there's still time to mitigate the financial fallout — by trimming benefits, raising contributions, and transitioning younger employees to 401(k)s and other defined-contribution plans. Most importantly, it's time to recognize that government officials are too short-sighted and underqualified to manage public pensions. For decades, politicians have underfunded public pensions. They've decided to spend tax revenues today, rather than set them aside for future pension liabilities. Read More |
07.12.18- The Uncivil Civil War: Economic and Market Implications of Political Transformation
The Times They Are A-Changin’ – Bob Dylan America’s populace is politically divided in a way that has not been seen in decades. The growing rift is rapidly changing the landscape in Washington D.C. and has major implications for the nation. Amazingly, as voters from different parties espouse views that are worlds apart, they share a strikingly similar message. This article considers the juxtaposition of colliding worldviews and the unified message that voters across the political spectrum are sending. While many investors are aware of the political change afoot, it seems that very few have considered how said changes might affect the economy and financial markets. In this article, we share some of our thoughts and encourage you to give the topic more consideration going forward. Given the importance of the subject, this article will likely be the first of several discussing the intersection of politics and markets. Read More |
07.11.18- Globalists Are Telling Us Exactly What Disasters They’re Planning For The Economy
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07.10.18- America Is Now A 3rd World Nation
Dividing the Earth's nations into 1st, 2nd and 3rd world has fallen out of favor;apparently it offended sensibilities. It has been replaced by the politically correct developed and developing nations, a terminology which suggests all developing nations are on the pathway to developed-nation status. What's been lost in jettisoning the 1st, 2nd and 3rd world categories is the distinction between developing (2nd world) and dysfunctional states (3rd world), states we now label "failed states." But 3rd World implied something quite different from "failed state": failed state refers to a failed government of a nation-state, i.e. a government which no longer fulfills the minimum duties of a functional state: basic security, rule of law, etc. Read More |
07.09.18- Survival of the Richest
I’ve never liked talking about the future. The Q&A sessions always end up more like parlor games, where I’m asked to opine on the latest technology buzzwords as if they were ticker symbols for potential investments: blockchain, 3D printing, CRISPR. The audiences are rarely interested in learning about these technologies or their potential impacts beyond the binary choice of whether or not to invest in them. But money talks, so I took the gig. After I arrived, I was ushered into what I thought was the green room. But instead of being wired with a microphone or taken to a stage, I just sat there at a plain round table as my audience was brought to me: five super-wealthy guys?—?yes, all men?—?from the upper echelon of the hedge fund world. After a bit of small talk, I realized they had no interest in the information I had prepared about the future of technology. They had come with questions of their own. Read More |
07.07.18- Summer of Tough Love
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07.06.18- Here’s a great example of a company using Blockchain to solve a real problem
I thought this would be important given that most of the noise in the crypto space these days is still almost invariably focused on the Bitcoin price. A quick Google search for “Bitcoin” reveals headlines from CNBC to Fortune Magazine, all about whether or not Bitcoin can come out of its price slump: “Wall Street’s Tom Lee cuts his year-end bitcoin price target by about 20%”, and “3 Bullish Signs Return For Bitcoin” Similarly, “Blockchain” and “DLT” news is generally dominated by reports about various government policies:“Spain’s Securities Regulator Undertakes a Blockchain Pilot” Read More |
07.05.18- Would the Founding Fathers Recognize Modern America?
Time and growth produce changes in institutions, too. Sometimes, they merely get bigger and older. Sometimes, they go through a metamorphosis and change into something very different. We recently moved back to France for the summer. We lived here for nearly 20 years… and still have a house in the country, to which we retire every summer. Here, we find our old friends and acquaintances… our old clothes and shoes… our tools and workshop… our tractor… and our favorite office. And what a pleasure… there, on the table next to the bed, was a copy of Michel De Jaeghere’s great book, Les Derniers Jours: La Fin de l’Empire Romain d’Occident (The Last Days: The End of the Roman Empire in the West). Read More |
07.04.18- Economic Collapse 101: Food Americans Ate To Stay Alive During The Great Depression
(Natural News) The Great Depression was a severe worldwide economic downturn that began in 1929 and continued until about 1939. It affected North America, Europe, and other industrialized areas of the world. It was the most serious economic tragedy ever experienced by the industrialized Western world in modern history. The full burden of the economic crisis fell squarely on the shoulders of the nation’s working class. They struggled badly for their survival during this most difficult period, which led them to find a number of ways to put food on the table. The following Great Depression foods helped them live from day to day when nothing else was available. Read More |
07.03.18- A Turn for the Worse
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07.02.18- How to Create Your Own Personal Gold Standard and Currency Reserve
And only for the last 47 years has the world largely moved away from the gold standard. It is easy to feel like we are on top of the world in 2018. Technology has never been better or more easily accessible. The standard of living is rapidly rising. But does that mean we should dispense with 5,000 years of monetary policy which led us to where we are today?
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Libertarian? Conservative? Classic Liberal? Leftivists don’t just believe you’re a bad person — they WANT to believe it
I’m not a social media person, but a few days ago, I posted my very first comment on Instagram, in response to a woman whose site I had read for years. Enraged by the border story, she had just posted an Instagram ordering those who didn’t see the world her way to take a hike. It puzzled me at first. Hers is not a political site – far from it. And though she claimed she didn’t care about likes, I know that she has struggled for years with the classic insecurity bloggers often face when confronted with the popularity contest that is the Internet. She was posting in order to vent — and to let others know that she was, unlike half the country, kind, good-hearted and moral. Read More |
06.29.18- How to Survive the Civil Unrest That’s Coming to America
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06.28.18- Media Creates Caricatures of Political Parties.
Or at least, we hate what we think the other team stands for. A poll asked Democrats and Republicans to estimate statistics about the other party. The answers we pure caricatures. For example, Republicans thought that 38% of Democrats were gay. That’s about twice as many gay people as actually exist in the USA by most estimates. Actually, only about 6% of Democrats are gay. Read More |
06.27.18- The Danger Is Real: We Need a New Declaration of Independence for Modern Times
Imagine living in a country where armed soldiers crash through doors to arrest and imprison citizens merely for criticizing government officials. Imagine that in this very same country, you’re watched all the time, and if you look even a little bit suspicious, the police stop and frisk you or pull you over to search you on the off chance you’re doing something illegal. Keep in mind that if you have a firearm of any kind while in this country, it may get you arrested and, in some circumstances, shot by police. If you’re thinking this sounds like America today, you wouldn’t be far wrong. Read More |
06.26.18- Things Just Went Nuclear In Our Trade War With China, And A Giant Shockwave Is About To Hit The U.S. Economy
Many had hoped that President Trump would settle down after the initial salvos in this new trade war, but instead on Sunday evening we learned that he has decided to go nuclear. The following comes from CNBC… Read More |
06.25.18- The Entire Western World Lives In Cognitive Dissonance
Let us begin with the family separation issue. The separation of children from immigrant/refugee/asylum parents has caused such public outcry that President Trump has backed off his policy and signed an executive order terminating family separation. The horror of children locked up in warehouses operated by private businesses making a profit off of US taxpayers, while parents are prosecuted for illegal entry, woke even self-satisfied “exceptional and indispensable” Americans out of their stupor. It is a mystery that the Trump regime chose to discredit its border enforcement policy by separating families. Perhaps the policy was intended to deter illegal immigration by sending the message that if you come to America your children will be taken from you. Read More |
06.23.18- Social Security benefits buy 34 percent less than in 2000, study shows
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06.22.18- The Dumbing Down of America Is Deliberate and Deadly
Is America getting dumber? Is this presumption even measurable? The answer to both questions is an unqualified yes! In a related to vein to the purpose of this website, could this happen by design because controlling a population is made infinitely easier if the population is dumbed down. Some would even go as far as to say that the process of dumbing America down is not only real, but it is deadly. Read More |
06.21.18- I Remember When America Was A Free Country
Your flight ticket was good at any airline. If something happened to your flight or you missed it, you could use the ticket on another airline going to the same place. On international flights you were permitted two free stopovers prior to your destination. If you were going to Athens, Greece, for example, you could first visit Paris and then Rome. It worked both ways, over and back. So one air ticket, six cities. I can remember when you could enter a Manhatten office building without having to show an ID, be looked up on a list, and cleared in, and when you could check in a hotel without an ID and paid your bill when you checked out, with cash if you preferred. The only evidence of your name was the one you gave when you checked in. Cars didn’t beep at you and neither did appliances nor construction machinery. The world was a quieter, less noise-disturbed place. Read More |
06.20.18- John McAfee Says He's No Longer Pitching ICOs "Due To SEC Threats"
McAfee, who hasn't been affiliated with his namesake company since 1994 and lost most of a fortune once worth $100 million in the years since the crisis, was at one point pitching a new ICO every day. And since before last year's boom, McAfee has been a regular on the cryptocurrency conference circuit and is part of what Bloomberg calls "a vast network of social media influences" who have helped ICOs raise billions. In his characteristic voice, McAfee said the SEC had warned him about recommending ICOs, forcing him to step aside, despite declaring the treatment "unjust." Read More |
06.19.18- A Hard Rain's a-Gonna Fall
As the Federal Reserve kicked off its second round of quantitative easing in the aftermath of the Great Financial Crisis, hedge fund manager David Tepper predicted that nearly all assets would rise tremendously in response. "The Fed just announced: We want economic growth, and we don't care if there's inflation... have they ever said that before?" He then famously uttered the line "You gotta love a put", referring to the Fed's declared willingness to print $trillions to backstop the economy and financial makets. Nine years later we see that Tepper was right, likely even more so than he realized at the time. Read More |
06.18.18- Americans Need Plain Sight: The IG Report Hides the Truth
The five-hundred page IG Report was released on June 14th 2018, and it barely scrapes the surface of previous known acts of sedition and espionage, if not treason. It doesn’t really address anything that the American people were not already aware had occurred. I made note of the Peter Strzok and Lisa Page texts in January 2018, just as the IG Report recently did. Read More |
06.16.18- 7 Huge Mistakes Real Estate Investors Make
You can predict the returns! Having said that, your ROI forecasts are only as good as the numbers you start with. Here are the seven of the most common mistakes real estate investors make when running their numbers — and how to avoid them for a perfect win record in your investing. We’ll start with numbers that affect all real estate investors, then narrow our focus to rental investors and cash-flow forecasting. Read More |
06.15.18- Currencies – Truth and Confidence
Restate this for global currencies and it becomes:
WHAT LIES? There have been many. Examples specific to the United States: President Lyndon Johnson: In 1965, after decades of excessive government expenditures which caused rising consumer price inflation and rising gold and silver prices, Johnson removed silver from U.S. coins. He stated,
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06.14.18- Clock is Now “3 Minutes to Midnight” on Social Security and Medicare Benefits
In it, the financial data indicates that both Medicare and Social Security could start “riding off into the sunset” sometime within the next two decades. This is mainly due to the addition of millions of retirees aged 65 and older and reducing the average number of taxpayers that support each retiree on Medicare and Social Security. The financial pressure on the system may bankrupt it in the near future. When we reported on this in December of 2017, the Peter G. Peterson Foundation revealed the two points of data that illustrated this stark reality: Read More |
06.13.18- The most successful investor in modern history is selling… here’s what it means for you
Yes, drywall… as in, the building material that’s used for interior construction. Drywall, also known as wallboard, is manufactured from rehydrated gypsum to produce a calcium sulfate plaster, that’s later mixed with mildew-resistant foaming agent. . . hello? Are you still there? Seriously, though, in this particular case, drywall is a big deal. I’ll explain. The largest distributor of wallboard in the United States is a company called USG. USG is quite large– the company has been around for more than a century and generates billions of dollars in revenue. (Its shares trade on the New York Stock Exchange under the ticker symbol USG.) Read More |
06.12.18- Last Exit to the Road Less Traveled
Rachael Carson, Silent Spring What’s important to keep in mind in this quote from Rachael Carson’s 56-year-old warning shot over the bow of corporate civilization is that there are two roads being traveled now. We are no longer at a fork. The fork is half-a-century behind us. The goal is not to get the superhighway to somehow re-route itself and follow the path less traveled. It can’t. The superhighway will, and must, continue accelerating in its inevitable direction, simply because the greed and power of the people driving that highway will not allow them to alter course. But if there is any truth to Rachael Carson’s warning (and there seems to be growing evidence of it) the other path—the Road Less Traveled—will become the surviving branch of our evolutionary diagram. The present goal, therefore, should be to create as many exits from the superhighway as possible—and to encourage and enable as many people as possible to take those exits to explore and follow the other path. Read More |
06.11.18- The Clock Is Ticking: "Modern Slaves Are Not In Chains, They're In Debt"
What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? - Adam Smith There are no shortcuts when it comes to getting out of debt. - Dave Ramsey Modern slaves are not in chains, they are in debt. - Anonymous |
06.09.18- Feeling Isolated?
If you answered "no" to these questions, you're not an outlier. In fact, the #1 most commonly-reported complaint we hear from Peak Prosperity readers is that they feel alone and isolated when it comes to the warnings delivered in The Crash Course. The end of economic growth. Declining net energy. Accelerating resource depletion. These are MASSIVE existential threats to our way of life -- to our species' survival, even. Most PPers can't comprehend why *everyone* isn't obessively talking about these dangers. Read More |
06.08.18- Are You The Fish?
The basic idea here is that you need to know your opponents. You need to understand their strengths and weaknesses. You need to know what type of edge you have over them. And if you can’t figure out what advantage you have over the other players… Or if you can’t figure out who the weak players at the table are… Then you’re in big trouble! In markets there’s a similar dynamic… If you’re going to be successful in the market, you often have to be different from most other investors. Read More |
06.07.18- Cognitive Dissonance Will Not Save America From the Collapse of the Dollar
The Inevitable End I recently received that dreaded call “rush to the hospital, she only has a short time left, hurry!” So, you arrive at the hospital and the person hangs on, and hangs on, but everyone knows the final outcome is inevitable. The next day arrives and the person is still with us. And then like a thief in the night, our friend finally slipped away and went to be with the Lord. This is what the economy will soon do. I do not know if it will be next month, next year but I know we do not have five years. This economy is going to die. Why? Because the lifeblood of the economy has been withdrawn. Read More |
06.06.18- When They Shall Say “Peace And Safety”: Polls Show Americans Are The Most Optimistic They Have Been
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06.05.18- Ten Ways the Democratic Northern Hemisphere Nations Became the Orwellian West
For example, “Newspeak” represented the language of mind control, whereas “crimethink”, “thoughtcrime”, and “crimeface”manifested as transgressions against the state. Guilty citizens were captured by the “Thought Police”, and the ultimate punishment consisted of “vaporization”; which eliminated every last vestige of a person’s existence. Read More |
06.04.18- “Teen Culture” is the New Imperialism,  You know how missionaries used to run around the globe forcing everyone to be a Christian? And in the process, they destroyed native cultures and traditions?
Well, the same thing is happening today with Western “teen culture.” It is being exported around the world with disastrous effects. Manufacturing Adolescence Preindustrial societies mostly exhibit a continuum from childhood to adulthood. There is generally no random cut off age where suddenly teens are given rights and expected to become adults. Children seamlessly and gradually integrate into adulthood, with puberty rites being the only major benchmark. Read More |
06.02.18- Calling All Broke Millennials: Vermont Will Give You $10,000 To Move There And Work From Home
Governor Phil Scott approved the legislation on Wednesday (May 30) in hopes to bottom out the rapidly shrinking tax base, and, of course, sucker in those heavily indebted millennials from large cities. According to the Vermont House of Representatives, the “Remote Worker Grant Program” will start on January 01, 2019, and will cover a variety of business-related expenses of a worker’s transition to the state, including relocation services, computer software and hardware, broadband access or upgrade, and membership in a co-working or similar space expenses. Read More |
06.01.18- ‘Three Wise Men’ Warn Crash Coming, Own Gold
The men who have recently warned are Jim Rogers (video below), Martin Armstrong (blog below) and Tony Robbins (video below). Each come from somewhat different backgrounds and are respected experts in their respective fields. Each has different views in terms of asset allocation and how best to weather the coming financial storm but all are united in believing that gold will act as a wealth preservation tool and will likely rise in value when other assets fall. Read More |
Editor’s Note: This resource has been updated and revised for 2018.
It is a bit of an alienating experience for one to see the nation of his birth and the principles of our ancestors under constant assault, from foreigners and people born here who are amerikkans rather than Americans. I refer to those Muslims who desire Sharia law, the Black Muslims who simply hate America, LaRaza with its Hispanic communists and conquerors who want to reclaim the Southwest for Mexico, the communist Democrat Party that seeks the eradication of our Founding Principles and the destruction of our Constitution and Republic, and those communist proletarians, the TAKERS, who seek their upkeep and livelihood at the expense of the U.S. taxpayer. 
I suspect there’s a hidden agenda behind the announcement in The Wall Street Journal op-ed by former Hillary Clinton aide Mark Penn that the Ole Gray Mare is actually eyeing another run for the White House in 2020. No, it’s not just that she would like to be president, as she averred on video last week in a weak moment, or that she has decided late in life to go full Bolshevik policy-wise. It is to establish her in the public mind as a serious candidate so that when she is indicted a hue-and-cry will arise that the move is a purely political act of revenge by the wicked Trump.
The bigger they come, the harder they fall. Currently, we are in the terminal phase of an “everything bubble” which has had ten years to grow. It is the biggest financial bubble that our country has ever seen, and experts are warning that when it finally bursts we will experience an economic downturn that is even worse than the Great Depression of the 1930s. Of course many of us in the alternative media have been warning about what is coming for quite some time, but now even many in the mainstream media have jumped on the bandwagon. The Economist is one of the most prominent globalist mouthpieces in the entire world, and so I was stunned when I came across one of their articles earlier today that was entitled 
With all of the ridiculous new regulations, coddling, and societal mores that seem to be the norm these days, it’s a miracle those of us over 30 survived our childhoods.
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At the Foundation for Economic Education Conference (FEECON) in 2017, I met Bill Frezza. He’s been teaching a critical lesson about equality, learned from the horrors of the AT&T telephone monopoly. What follows, I mostly learned from him.
A dictatorship does not represent the public but only 
Last week, the head of a New York state pension fund found herself a new job.
The reason there are no prescription medications available today where the side effects aren’t worse than the ailment being treated is because Big Pharma will not treat or heal anything without creating several new issues that keep their “customers for life” coming back for more. Most Americans do not want to stop eating junk food, fast food, corporate franchise restaurant food, microwaveable food, prepared food bar “stuff,” and “diet” food that’s mostly chock full of synthetic sweeteners, GMOs and MSG.
Blind faith in the U.S. dollar is perhaps one of the most crippling disabilities economists have in gauging our economic future. Historically speaking, fiat currencies are essentially animals with very short lives, and world reserve currencies are even more prone to an early death. But, for some reason, the notion that the dollar is vulnerable at all to the same fate is deemed ridiculous by the mainstream.
A few weeks ago, 
The Governor of Vermont has introduced an unusual 
‘Three wise men’ are warning that the next financial crash is coming and that one of the ways to protect and grow wealth in the coming crash will be to own gold.