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THE SAME EXACT POWERS ALIGNED AGAINST TRUMP --
John Barbour

JFK Assassination Conspiracy Part 1:
Jim Garrison's Johnny Carson Interview 1968






11.20.18- The globalist plan to exterminate humanity begins now:
“Useless eaters” must be eliminated, say globalists

Charles Hugh Smith

Far beyond the distractions of political bickering and cultural trends, the big, big picture that’s unfolding across our world right now is a plan to exterminate 90% of the current human population in order to “save” the planet and protect what globalists see as the future of human survival on a cosmic scale.

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
Aziza Kasumov

David and Maribel Maldonado seem the very definition of making it in America. David arrived in the U.S. from Mexico as a small child. His father supported the family by working long hours as a mechanic while his mother raised their 10 children. By the time David had a family of his own, his career as a salesman was flourishing. His wife Maribel, whose family is also from Mexico, worked as a hairstylist while caring for the couple’s two children. David’s annual salary reached about $113,000 by the time the children were in their teens. It was more than enough to live in a pretty suburban house outside Dallas, take family vacations, go to restaurants and splurge at the nearby mall. And to afford health insurance.

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
on Your Retirement

Birch Gold

Now that the midterm elections are pretty much over, the Democrats control the House, and the Republicans control the Senate.

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):

The social safety net for older Americans has been shrinking for the past couple decades. The risks associated with aging, reduced income, and increased healthcare costs, have been offloaded onto older individuals. At the same time, older Americans are increasingly likely to file consumer bankruptcy, and their representation among those in bankruptcy has never been higher.  Read More

11.16.18- Does Any of This Make Sense?
Charles Hugh Smith

Does any of this make sense? No. But it's so darn profitable to the oligarchy, it's difficult to escape debt-serfdom and tax-donkey servitude.

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
Chris Hedges

There is perhaps no better illustration of the deep decay of the American political system than the Senate race in New Jersey. Sen. Bob Menendez, running for re-election, was censured by the Senate Ethics Committee for accepting bribes from the Florida businessman Salomon Melgen, who was convicted in 2017 of defrauding Medicare of $73 million. The senator had flown to the Dominican Republic with Melgen on the physician’s private jet and stayed in his private villa, where the men cavorted with young Dominican women who allegedly were prostitutes. Menendez performed numerous political favors for Melgen, including helping some of the Dominican women acquire visas to the United States. Menendez was indicted in a federal corruption trial but escaped sentencing because of a hung jury. 

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
TraderStef

Big things are happening in the world of wireless technology and power transmission. Here is TraderStef to break-down what it means for the future…

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
Sheldon Richman

The Second Amendment’s syntax permits only one reasonable interpretation.

“A well regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.” - Second Amendment to the U.S. Constitution

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”
Doug Casey

Almost everyone looks for a political solution to problems. However, once a Deep State situation has taken over, only a revolution or a dictatorship can turn it around, and probably only in a small country.

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.
And a Lie.

Dr. Mehboob Makhdoomi

Many of us do think that something isn’t quite right with the world economy. One in a million actually understands, where does it go wrong? Powers that be, do not want you to know about it as it’s your ignorance which keeps them at the top of the financial food chain. I don’t know of any other example in history where so many were looted by so few.

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?
Paul Craig Roberts

Readers are asking for my thoughts about the midterm elections. 

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
Gordon Duff 

People around the world are convinced that the United States is a nation run by criminal psychopaths and morons. A greater fear is that world leaders mistakenly assume that their American counterparts who do and say insane things continually are, in actuality, normal people operating inside some “master plan.”

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
electoral spectator sport?

Joe Jarvis

Ah, elections…

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
Daisy Luther

Tensions are incredibly high in the United States right now. I realized that over the past three years, I’ve written that they’re “at an all-time high” far too many times. So, I’ll just say, they’re high enough that all hell could break loose at any moment given the right (wrong) application of fuel to the flame. The number one thing you can do for this situation to keep your family safe is to be prepared for lockdown.

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
Jim Quinn

“In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a chain reaction of unyielding responses and further emergencies. The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability – problem areas where America will have neglected, denied, or delayed needed action.” – The Fourth Turning– Strauss & Howe 

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
Birch Gold Group

The ever-controversial Alan Greenspan was Chair of the Federal Reserve from 1987 to 2006, a period marked by relatively low interest rates and market self-regulation.

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
The Worst Economic Crash In History

Martin Armstrong

Politicians have totally and completely misunderstood the trends within the global economy and as a result, they are actually creating one of the worst economic debacles in history.

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”
Michael Snyder

A second migrant caravan has been attempting to breach Mexico’s border with Guatemala, and the media is reporting that some migrants in that second caravan are armed with “guns” and “bombs”.  This is a very serious claim, and it needs to either be confirmed or retracted, because it is not helpful to have unconfirmed reports spreading like wildfire on social media.  There have been endless discussions about these migrant caravans on all the major news networks in recent weeks, and they are getting so much attention that they are almost overshadowing the midterm elections which are going to happen next week.  And if this latest report is true, concern about these caravans is certain to reach a fever pitch…

The second group back at the Guatemalan frontier has been more unruly than the first that crossed. Guatemala’s Interior Ministry said Guatemalan police officers were injured when the migrant group broke through border barriers on Guatemala’s side of the bridge.

Mexico authorities said migrants attacked its agents with rocks, glass bottles and fireworks when they broke through a gate on the Mexican end but were pushed back, and some allegedly carried guns and firebombs. Read More

10.31.18- Is America Finished?
Paul Craig Roberts

The refusal of the Democratic Party and the military/security complex to accept the results of the 2016 US presidential election and the misuse of their positions of power to prevent Donald Trump from exercising presidential powers is a revolutionary step, well described by Angelo Codevilla here.

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
Michael Snyder

Will we someday look back on October 2018 as the turning point?  As the month began, people were generally feeling pretty good about things, and the U.S. stock market quickly set a new all-time high.  But from that point on, the wheels fell off for Wall Street.  We just witnessed the worst October for U.S. stocks since the financial crisis of 2008, and at this point more than 8 trillion dollars of global wealth has been completely wiped out.  But it isn’t just the stock market that is being shaken.  The horrific violence in Pittsburgh is just the latest in a string of events that have rattled the entire nation.  Sometimes I feel like I am literally watching the fabric of our society come apart right in front of my eyes.  It is almost as if there is a tangible presence of evil in the air, and it seems to be getting stronger over time.  For quite a while I have been warning that levels of anger and frustration are rising to unprecedented levels, and all of that anger and frustration is leading people to do things that are absolutely unthinkable.  And if people are this crazed now, how bad are things going to get once the economy really starts unraveling? Read More

10.29.18- End of the World – Part Two
Gary Christenson

Part one discussed the “what” and “why” of unpayable debt, an inevitable “reset” or the end of the current financial world. Part two addresses when.

REVIEW FROM PART ONE:

  • A risk/reward analysis for 2018—202? points toward gold and silver, not stocks, bonds, corporate debt, student loans or most asset classes.

  • The “everything bubble” will burst. Consequences will be dire for many individuals, businesses and governments.

  • Debt and spending are “out of control.” Central banks will “paper over” massive defaults, and fiat currencies will devalue.

  • Hyperinflation, defaults and resets occurred in many countries and could (will) happen in developed countries such as the U.S.

  • Rig for stormy weather! Gold and silver bullion and coins are “insurance” against the inevitable currency devaluations that must occur in our debt based fiat currency systems. Read More

10.27.18- What a bunch of idiots
Brandon Smith

Tell me this isn’t crazy–

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

10.26.18- Deep State Rolls out Staged “Bomb” Attack on CNN Headquarters, Just as Mike Adams and Alex Jones Publicly Predicted on Multiple Video Broadcasts
Mike Adams

Exactly as publicly predicted by myself and Alex Jones, the anti-American globalists are now running pipe bombs false flags against CNN. This is not merely similar to what we publicly predicted would take place before the mid-term elections; it is exactly what we publicly predicted would take place. We even named CNN as the most likely target to be selected by the globalist operatives running the operation.

“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?
Joe Jarvis

The good old days never existed.

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
Vitaliy Katsenelson

My business is to constantly look for new stocks by running stock screens, endlessly reading (blogs, research, magazines, newspapers), looking at the holdings of respected investors, talking to a large network of investment professionals, attending conferences, scouring through ideas published on value investor networks, and finally, scouring a large (and growing) watch list of companies to buy at a significant margin of safety.

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
Birch Gold Group

This week, Your News to Know rounds up the latest stories involving precious metals and the overall economy. Stories include: Silver prices are set for a breakout as the dollar falls, gold buyers return after two-quarter absence, and gold could surge near $1,280 an ounce in the short term.

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

10.22.18- Who’s financing the “spontaneous” migrant caravan trekking towards the United States? Here are some clues
JD Heyes

(Natural News) On his nationally syndicated talk show Wednesday, Rush Limbaugh discussed the growing migrant “caravan” currently making its way towards the United States.

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
Gary Christenson

Predicting the end of the world, physical or financial, is seldom helpful. If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the “end of the world” is delayed (typical), you lose credibility.

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
Nick Giambruno

Justin’s note: Recently, we broke new ground at Casey Research. Crisis Investing chief analyst Nick Giambruno revealed a revolutionary way to make big money from gold—even if the spot price stays flat or continues to fall.

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
Peter Reagan

In many ways, the current U.S. budget deficit represents uncharted territory.

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

10.17.18- “When the bubble bursts, America will experience an economic crisis much greater than the 2008 meltdown or the Great Depression”
Michael Snyder

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 “Another economic downturn is just a matter of time”.  When the alternative media and globalist media outlets are both preaching economic doom, that is a very clear sign that big trouble is imminent.

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 hardestRead More

10.16.18- UN Climate Change Report: A Choice between “Mad Max and Hunger Games”
Jonathan Miltimore

Humanity, we’re essentially told, is doomed lest people concede their freedom to the experts, lawmakers, and bureaucrats who can save us.

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:

  • Global temperatures today are 1.0°C above pre-industrial temperatures.

  • We’re seeing an increase in extreme weather and other negative consequences as a result of the increase, including receding sea ice in the Arctic and rising global sea levels.

  • A 1.5°C increase will be (much) worse than a 1.0 increase; 2°C would be much worse than that.

  • We’re currently on track to exceed 3°C.

  • Only drastic changes in the world economy can prevent global calamity. Read More

10.15.18- International relations: the calm before the storm?
Thierry Meyssan

All international problems are currently suspended, awaiting the results of the US mid-term elections. The partisans of the old international order are gambling on a change of majority in Congress and a rapid destitution of President Trump. If the man in the White House holds fast, the protagonists of the war against Syria will have to admit defeat and move on to other battle fields. On the other hand, if Donald Trump should lose the elections, the war on Syria will immediately be revived by the United Kingdom.

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
Daisy Luther

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.

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
Shawn Langlois


‘Investors should be out of stocks for most of 2019’

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.

“We see a large panic event taking shape now that continues into next year — the melt-up we forecasted is done,” he told MarketWatch. “Investors should be out of stocks for most of 2019.”  Read More

10.11.18- The Human Drive for Inequality
Doug Casey

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.

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
Dave Kranzler

“The only time we’ve ever seen a confluence of risk factors anywhere close to those of today was the week of March 24, 2000, which marked the peak of the technology bubble.” – John Hussman, Hussman Funds, in his October Market Commentary

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
Eric Zuesse

A dictatorship does not represent the public but only the aristocracy that, behind the scenes, controls the 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:

The Government’s program for bulk collection of 2 telephony metadata serves a critically important special need – preventing terrorist attacks on the United States... In my view, that critical national security need outweighs the impact on privacy occasioned by this program...

The Fourth Amendment allows governmental searches and seizures without individualized suspicion when the Government demonstrates a sufficient “special need” – that is, a need beyond the normal need for law enforcement – that outweighs the intrusion on individual liberty…

In sum, the Fourth Amendment does not bar the Government’s bulk collection of telephony metadata under this program.  Read More

10.08.18- With corruption like this, it’s no wonder so many pension funds are insolvent
Simon Black

Last week, the head of a New York state pension fund found herself a new job.

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?
S.D. Wells

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.

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.
Adam Taggart

Even the best-laid preparations have failure points

No plan of operations extends with any certainty beyond the first contact with the main hostile force. ~ Helmuth von Moltke the Elder

Everybody has a plan until they get punched in the mouth. ~ Mike Tyson

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
Brandon Smith

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.

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
Peter Coy

The incumbent international currency has been American for decades. Is it time for regime change?

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
Ellen Brown

Wall Street owns the country. That was the opening line of a fiery speech that populist leader Mary Ellen Lease delivered around 1890. Franklin Roosevelt said it again in a letter to Colonel House in 1933, and Sen. Dick Durbin was still saying it in 2009. “The banks—hard to believe in a time when we’re facing a banking crisis that many of the banks created—are still the most powerful lobby on Capitol Hill,” Durbin said in an interview. “And they frankly own the place.”

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
James Howard Kunstler

The Kavanaugh hearing underscored another eerie condition in contemporaryUSA life that offers clues about the combined social, economic, and political collapse that I call the long emergency: the destruction of all remaining categorical boundaries for understanding behavior: truth and untruth, innocent and guilty, childhood and adulthood, public and private. The destination of all this confusion is a society that can’t process any quarrel coherently, leaving everyone unsatisfied and adrift, and no actual problems resolved.

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?
John W. Whitehead

“Back in the heyday of the old Soviet Union, a phrase evolved to describe gullible western intellectuals who came to visit Russia and failed to notice the human and other costs of building a communist utopia. The phrase was “useful idiots” and it applied to a good many people who should have known better. I now propose a new, analogous term more appropriate for the age in which we live: useful hypocrites. That’s you and me, folks, and it’s how the masters of the digital universe see us. And they have pretty good reasons for seeing us that way. They hear us whingeing about privacy, security, surveillance, etc., but notice that despite our complaints and suspicions, we appear to do nothing about it. In other words, we say one thing and do another, which is as good a working definition of hypocrisy as one could hope for.”—John Naughton, The Guardian

“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
 

Here is a question for any and all of you that have ever purchased a lottery ticket or played the slots or bet on a horse: If you had proof that the outcomes were all rigged, would you still play? If someone showed you a video of pit bosses stacking decks or tampering with dice, would you ever enter that establishment again? If your wife or mother or employer knew that you would constantly blow your paychecks in a rigged casino, would you ever be able to face them? The answer to all of the above-mentioned scenarios is a resounding "NO!" Yet millions of people (albeit that figure is rapidly shrinking) are still committing many hundreds of millions of dollars every week to the Crimex Casino, which has now proven that every single input into determining prices for gold and silver (Bitcoin, too) is completely controlled by the bullion banks, the Crimex bosses and the regulators.

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
Jim Rickards

25In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the day and all was right with the world.

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
Joe Jarvis

The villagers are marching with their torches and pitchforks. Big tech companies are in trouble.

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
In Past Decade

Tyler Durden

One month ago, we reported that insider selling reached $450 million daily in August, the highest level this year; on a monthly basis, insiders sold more than $10 billion of their stock, the most of any month this year and near the most on record.

"As corporate buying is at least taking a breather, corporate insiders are ramping up share selling as the major U.S. stock market averages are at or near record highs," TrimTabs wrote in a note.

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”
Patrick Stout

The Montreux Casino was going up in flames.

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
Mac Slavo

The Trump administration’s insistence on a trade war will affect three items the most. Americans will be footing the bill for president Donald Trump’s trade war and tariffs, and vacuums, tires, and computer parts will be the items hit the hardest.

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"
Ilargi Meijer

Two thirds of Americans get at least some of their news on social media. Google and Facebook receive well over 70% of US digital advertising revenues. The average daily time spent on social media is 2 hours. Just a few factoids that have at least one thing in common: nothing like them was around 10 years ago, let alone 20. And they depict a change, or set of changes, in our world that will take a long time yet to understand and absorb. Some things just move too fast for us to keep track of, let alone process.

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
Bill Bonner

Skyrocketing debt, Wall Street deregulation, a fraying social safety net, and a diminished dollar could soon leave the United States looking like Greece.

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
Nomi Prins

Down the Financial Rabbit Hole With President Trump

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
Jeff Thomas

As an increasing number of people realise that their home country is becoming a liability to them, the most common question I hear from them is, “What do I have to do to remain where I am and still be assured that I’ll be able to retain both my wealth and my freedom?”

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”
Andy Sutton / Graham Mehl

A Brief Review of Events

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
Jim Quinn

“Government has coddled, accepted, and ignored white collar crime for too long. It is time the nation woke up and realized that it’s not the armed robbers or drug dealers who cause the most economic harm, it’s the white collar criminals living in the most expensive homes who have the most impressive resumes who harm us the most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs, ruining countless lives.” – Harry Markopolos, Madoff Whistleblower

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
Greg Wilson

You may have heard the saying, “As goes California, so goes the nation.”

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
Paul Craig Roberts

David Ray Griffin writes books faster than I can read them. Therefore, I am going to borrow Edward Curtin’s review of Griffin’s history of the United States: The American Trajectory: Divine or Demonic? which Curtin suggests should have been titled: A Diabolic False Flag Empire.  

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
Benjamin Fulford

A pandemic scare is looming as airplanes in multiple countries reported to be full of “diseased” people are landing and being put in quarantine.  However, Defense Intelligence Agency (DIA) sources say the incidents all appear to be fake ones involving crisis actors.

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
Jim Rickards

The U.S. has been highly successful at pursuing financial warfare, including sanctions. But for every action, there is an equal and opposite reaction.

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
Bill Bonner

CHERBOURG, FRANCE – We’re on the ferry that will take us to Ireland. It is foggy outside. We can see nothing.

This is just the beginning of a long trip that will take us to South America (where we get to see a financial crisis underway in Argentina)… Germany (where we hope to find out more about how Germans are preparing to tighten up at the European Central Bank)… and Bermuda, where we are scheduled to give a speech to a group of dear readers at the Legacy Investment Summit. (If you’d like to be one of those dear readers, go here.)

Whimper and Bang

Last week, we wrote about the Whimper and the Bang. The Whimper – a credit deflation… with falling stock prices and a recession – is inevitable. Every credit-fueled boom eventually runs out of gas… and then turns into a bust. Read More

09.10.18- Why Most Investors Fail to Beat “The Market”
Chris Mayer

Editor’s Note: By some calculations, we’re now living through the longest bull market in U.S. stocks in history. The mainstream media has spilled pages of ink on the topic.

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
20 largest economies

Simon Black

If your retirement plans consist entirely of that pension you’ve been promised, it’s time to start looking elsewhere.

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
from a legend in the field
Simon Black

[Editor’s noteTuesday, we published a podcast we recorded with the legendary financial commentator, Jim Grant.

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
Michael Krieger

The sneaky thing about Amazon’s increased dominance in so many key aspects of our lives is that much of the perniciousness is hidden. No one’s going to tell you about all the retailers who have gotten pressured or destroyed via its tactics while you’re happily clicking “add to cart” and smiling about 2-day free shipping. In this sense, it can be best compared to the evils of factory farming. Most people just simply have no idea about the immense damage going on behind the scenes as they indulge in incredible convenience and what looks like a good deal.

– 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
Brandon Smith

The question often arises in liberty movement circles as to how we get to the point of full blown tyranny within a society.  There are numerous factors that determine this outcome, but through all the various totalitarian systems in history there are common denominators – elements that must be there for tyrants to prevail.  When we can identify these common elements in an objective manner, we make it far more difficult for despotic structures to stand.

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
Peter De Boer

Witness the Birth of A.I. (Artificial Intelligence) Art, art produced by algorithm.

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

  • Many of these children in adult bodies were told, and actually believed, that better health care for everyone, including an unlimited number of illegal immigrants, would be attainable at a low cost, if only the government were to run it.

  • Many children in adult bodies also seem not to know that Socialism failed in the Soviet Union, Poland, Hungary, Czechoslovakia, Yugoslavia, Romania, Albania, Bulgaria, China, North Korea, Cambodia, Laos, Vietnam, and Cuba, and is now failing in Venezuela. The irrational wish is evidently stronger than rational arithmetic.

  • These victims of arrested emotional development seem to confuse good motives with good results. They want better health care for a greater number of people at a lesser cost; so they fantasize that they can achieve it without denying care to those who are too old, too sick or too expensive to receive it. They kind-heartedly want a "more equal distribution of wealth"; so they fantasize that they can maneuver it without penalizing and discouraging the productive members of society, while rewarding and encouraging the unproductive ones. Read More

09.01.18- Forget who takes the mid-terms: Here’s how to personally repeal Obamacare
Simon Black

If the US government doesn’t act quickly, Americans may be stuck with years more of deteriorating healthcare and skyrocketing medical bills.

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
Michael Snyder

After a little bit of a lull, the international currency crisis is back with a vengeance.  Currencies are collapsing in Argentina, Brazil, India, Turkey and other emerging markets, and central banks are springing into action.  It is being hoped that the financial chaos can be confined to emerging markets so that it will not spread to the United States and Europe.  But of course the global financial system is more interconnected today than ever before, and a massive wave of debt defaults in emerging markets would inevitably have extremely serious consequences all over the planet.  It would be difficult to overstate the potential danger that this new crisis poses for all of us.  Emerging market economies went on an unprecedented debt binge over the past decade, and a high percentage of those debts were denominated in U.S. dollars.  As emerging market currencies collapse, it is going to become nearly impossible to service any debts denominated in U.S. dollars, and that could ultimately mean absolutely enormous losses for international lenders.  Our system tends to do fairly well as long as everybody is paying their debts, but once the dominoes begin to tumble things can get messy really quickly. Read More

08.30.18- Making It in the United States:
The Harsh Realities Americans Face

Frank Lukacovic

Forget the porn star scandals and possible Russian collusion in an election over fifteen months ago. Most Americans don’t give a damn about either but from turning on cable news, you would think that’s all that is happening in the world. Cable news is out for ratings and those kind of things sell. What you won’t see much of are some of the harsh realities facing Americans and preventing us from becoming truly great.

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
Shifting Your Perspective

Dimitri Speck

Alternating Seasonal Patterns 

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
Will Durant

In years of peace, Diocletian, with his aides, faced the problems of economic decay. To overcome depression and prevent revolution, he substituted a managed economy for the law of supply and demand. He established a sound currency by guaranteeing to the gold coinage a fixed weight and purity which it retained in the Eastern Empire till 1453. He distributed food to the poor at half the market price or free, and undertook extensive public works to appease the unemployed. To ensure the supply of necessaries for the cities and the armies, he brought many branches of industry under complete state control, beginning with the import of grain; he persuaded the shipowners, merchants, and crews engaged in this trade to accept such control in return for governmental guarantee of security in employment and returns. 

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…
Here’s Why You Should

Jim Sinclair

My rich dad used to enjoy working in his garden.

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
Jeff Thomas

Here we have a standard credit card receipt from a coffee shop.

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?
Frank Shostak

Demand for a good arises because of its perceived benefit. For instance, people demand food because of the nourishment it offers them. This is however not so, with regard to the pieces of paper we call money — why do we accept them?

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
Joe Jarvis

Breaking news: kids need to play, according to the American Academy of Pediatrics.

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.

“This may seem old-fashioned, but there are skills to be learned when kids aren’t told what to do,” said Dr. Michael Yogman, a Harvard Medical School pediatrician who led the drafting of the call to arms. Whether it’s rough-and-tumble physical play, outdoor play or social or pretend play, kids derive important lessons from the chance to make things up as they go, he said.

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
They Don’t Know This…

Robert Kiyosaki

Money. It’s what makes the world go ‘round.

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
Jim Rickards

There are many bad actors out there who are preparing to inflict as much damage as possible to the power grid and other critical infrastructure, including the stock market.

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
Charles Hugh Smith

Nothing is as permanent as we imagine--especially super-complex, super-costly, super-asymmetric and super-debt-dependent systems. 

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 decadenceRead More

08.18.18- The West Continues to Rot at the Core as it Obsesses Over the Short-term
Nathan McDonald

The stock market, by and large, is a farce.

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
Bill Bonner

POITOU, FRANCE – Coming into focus is a fuller picture of the worldwide financial crisis.

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
Michelle Simmons

Broken bones tree (Oroxylum indicum), a traditional plant native to Thailand, can potentially be used to manage obesity, according to a study published in the journal BMC Complementary and Alternative Medicine.

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
Ben Cohen

The post-millennials have arrived. As the oldest millennials turn 37, demographers have designated a new generation for those born after 1996, Generation Z. The oldest members of this cohort just graduated from college and had their first (legal) alcoholic beverages. As they wind their way through college, post-millennials will change higher education, just as previous generations did. 

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
Paul Craig Roberts

Robert Mueller is supposed to be investigating Russiagate, which has been shown to be a hoax concocted by former CIA director John Brennan, former FBI director James Comey, and current deputy Attorney General Rod Rosenstein. As Russiagate is a hoax, Mueller has not been able to produce a shred of evidence of the alleged Trump/Putin plot to hack Hillary’s emails and influence the last presidential election.

With his investigation unable to produce any evidence of the alleged Russiagate, Mueller concluded that he had to direct attention away from the failed hoax by bringing some sort of case against someone, knowing that the incompetent and corrupt US media and insouciant public would assume that the case had something to do with Russiagate.  Read More

08.13.18- Pater Familias
Larry LaBorde

Pater Familias is Latin for “father of the family or eldest male in a family or owner of the family estate”.  This past week having just turned 60 I am reminded of my role as head of my little family.  My own father, partner and friend died a little over 6 years ago but somehow turning 60 has reminded me of the responsibility I have for my family as well as my extended family.  As my regular readers know I just returned from Tartas France a couple of months ago where I traced my family back 9 generations.  For some reason the older I get the more important family history becomes.  A lot of responsibility goes with the being the 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”
Stock Market Signals Are Flashing Red

Michael Snyder

So many top professionals in the financial industry are sounding the alarm about a coming stock market crash right now.  And there certainly have been rumblings in 2018 – not too long ago we had a three day stretch that was called “the tech bloodbath”, and during that time Facebook had the worst day for a single company in stock market history.  But we haven’t seen the really big “crash” yet.  Many have been waiting for it to happen for several years, and some people out there are convinced that it is never going to come at all.  Of course the truth is that we are in perhaps the largest stock market bubble that our nation has ever seen, and all other large stock market bubbles have always ended with a major price collapse.  So whether it happens immediately or it takes a little while longer, it is inevitable that stock prices will eventually return to their long-term averages.

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
Brian Maher

“Experience keeps a dear school,” said Ben Franklin, “but fools will learn in no other.”

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'
Not Socialist Enough

Zachary Petrizzo

A student at Virginia Commonwealth University is running for Co-Chair of the Young Democratic Socialists of America on the platform that the organization is not socialist enough.

YDSA’s silence on lynchings has not gone unnoticed. National’s inability to provide local chapters with meaningful resources is not ok. Our exclusive ‘in’ culture cannot continue,” VCU student Ulysses Carter declared in a tweet last week, adding that “This is why I’ve decided to run for National co-chair.”

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
About To Burst

James Anderson

Many of you likely enjoyed The Young Turks’ meltdown the night of President Trump’s victory in late 2016.

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
James Howard Kunstler

Surely last week this foundering nation finally reached Peak Social Justice Warrior Bullshit with The New York Times hiring of genocide-for-white-people advocate Sarah Jeong, 30, as an op-ed writer on tech matters. Apparently, one angle of the tech world Sarah Jeong overlooked was the mile-wide Twitter trail of messages she left over the past ten years declaring that white people should be “canceled out,” “made to live underground like groveling goblins,” or this pungent one from the Reinhard Heydrich playbook: “Oh man it’s kind of sick how much joy I get out of being cruel to old white men.”

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
Matt Agorist

As the debate continues about whether or not 3D-printed firearm plans should be banned, even the ostensible pro-2nd Amendment folks are worried that shooting rampages will occur as a result of these plans being published online. But the reality is far different.

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…
Joe Withrow

Note From Bill: Dear readers will be familiar with our “Doom Index.” It’s an early warning system designed to track the health of the Main Street and Wall Street economies… and raise the alarm when cracks are forming.

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
Brandon Smith

The past two years have seen a rather aggressive change in corporate policies toward the very customers they used to covet. Not long ago, CEOs tended to keep their political views mostly in the closet. Companies remained publicly neutral because their goal was first and foremost to make money. When they wanted to influence politics or social norms, they bought politicians — you know, the good old-fashioned way. The big banks still do this by funneling cash to both Republicans and Democrats alike

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’
To Stage Deaths To Demonize Conservative Americans

Mike Adams

Mike Adams is issuing an ugent false flag warning for Saturday, August 4th. Here are the details including the most likely place for the event…

(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
Peter D’Abrosca

Editor's Note: It is unusual for "the Bear" to focus on non-financial issues. This story is revelant to your financial survival because of the depth of depravity that, not only Dees, but most, if not all of his associates participate. The Southern Poverty Law Center (SPLC) is a left wing control group that, in 2004, accused yours truely of running the only one man terrorist organization in the United States.

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
Luke Doyle

 

Read More

07.30.18- Why Americans Are About To Experience
Sharply Higher Prices

Tyler Durden

A few weeks ago, SocGen asked what is arguably the most important question relating to the global trade wars: are tariffs inflationary or deflationary? While there were various nuances, its conclusion was simple: "Inflationary short term, disinflationary medium term."

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
Paul Craig Roberts

If America had more honest, fact-based journalists with integrity like Tucker Carlson, we would not be, as we are today, dissolving as a country.

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
Alasdair Macleod

Summary

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”
James Rickards

One of the long-standing reasons to own physical gold or invest in gold mining shares is to hedge geopolitical risk or the risk of natural disaster.

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
Tim Bryant


A Free-Thinker – someone whose mind is not bound by any chain, free to explore the great abyss unhindered by fear, emotion, or ideology. In reality, it is outside the box free-thinkers, who are the engines of social change and ingenuity, often leading society into new directions not yet seen before. They represent a voice of authenticity and uniqueness in a world that is all too filled with conformity and linear thinking. While the achievements are applauded by future generations, in the present they are often looked down upon, feared, laughed at, and even seen as crazy for their unique perspectives on life. It is often a lonely road for that of a truly unleashed 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
Charles Hugh Smith

The nation's premier corporate profit engines / social media giants are the ideal platforms for undermining the U.S. via the sowing of disintegration.

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
J.D. Pendry

I think I’ve figured it out.  There’s multiple Americas.  I don’t mean North, Central and South.  I mean multiple US of As.  What other explanation could there possibly be.  When I hear a windblown politician, a television yakking head, or the wholly ignorant in the streets making these comments I think:  That’s exactly what should be happening in our country!  That is exactly what I value.  That is exactly who I am.  So, here we rest our weary hearts and minds.  In a standoff across an ever-widening abyss.  An abyss of wayward ideologies, ignorance, directionless baseless hatred, stupidity… multiple Americas.

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
Phil Spencer

“Make America great again!”

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
Paul Craig Roberts

All day today the presstitute scum at NPR went on and on about President Trump, using every kind of guest and issue to set him up for more criticism as an unfit occupant of the Oval Office, because, and only because, he threatens the massive budget of the military/security complex by attempting to normalize relations with Russia. The NPR scum even got an ambassador from Montenegro on the telephone and made every effort to goad the ambassador into denouncing Trump for saying that Montenegro had strong and aggressive people capable of defending themselves and were not in need of sending the sons of American families to defend them. Somehow this respectful compliment about the Monenegro people was supposed to be an insult. The ambassador refused to be put into opposition to Trump. NPR kept trying, but got nowhere. Read More

07.19.18- What the Origins of Money Teaches Us About Spontaneous Order
Luis Pablo De La Horra

Money has been around for most of human history. From Mesopotamia (or even earlier), all civilizations have employed some kind of medium of exchange to facilitate transactions regardless of their geographical locations, legal and economic systems, religious beliefs or political structures. Have you ever wondered why? In a brief essay entitled “On the Origins of Money,” the nineteenth-century Austrian economist Carl Menger provides an answer to this question. Menger argues that money emerged spontaneously in different times and places to overcome the disadvantages of barter and facilitate the expansion of trade. Which disadvantages? 

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
Walter E. Williams

Justice Anthony Kennedy’s retirement, leading to President Donald Trump’s nomination of Brett Kavanaugh to the Supreme Court, has thrown progressives, the Democratic Party and the news media into an out-and-out tizzy. The online magazine Slate declared, “Anthony Kennedy Just Destroyed His Legacy as a Gay Rights Hero.” The New York Times’ editorial board said about a second Trump court appointment, “It is a dark moment in the history of the court and the nation, and it’s about to get a lot darker.”

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
Michael Snyder

The trade war has barely just begun, and yet significant ripple effects are already being felt all across the U.S. economy.  Once thriving businesses are on the verge of failure, workers are being laid off, and some sectors of the economy are witnessing enormous price hikes.  Right now the mainstream media iabsolutely fixated on the drama surrounding the recently concluded Trump-Putin summit meeting, but the consequences of this trade war will ultimately be far more important for the lives of most ordinary Americans.  As more tariffs continue to be implemented, this will perhaps be the biggest disruption to the global economic system that we have seen in decades.  Perhaps you have not been affected personally yet, but for many Americans this trade war has changed everything.  For example, just consider the plight of soybean farmer Tim Bardole

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.
Dave Kranzler

William Shakespeare at his creative pinnacle could not have written this screenplay:

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
James Howard Kunstler

It seems unfair that the earnest polymath Elon Musk should go broke in the electric car business while Kylie Jenner becomes a billionaire at age 20 hawking lip gloss on Snapchat, but that’s how the American Dream rolls these late days of empire. Perhaps the lesson here, for all you MBA wannabes, is that Mr. Musk could switch his production facilities from cars to lip gloss. Of course, to successfully market his new line of cosmetics on social media, Elon might have to consider sexual “reassignment” surgery — unless he could persuade American men via Facebook and Twitter, that lip enhancement boosts male self-esteem almost as much as the purchase of a Ford F-450 pickup truck at a laughable fraction of the cost.

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
Todd J. Stein

State and local governments are running one of the largest Ponzi schemes in American history.

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
Michael Lebowitz

Come senators, congressmen
Please heed the call
Don’t stand in the doorway
Don’t block up the hall
For he that gets hurt
Will be he who has stalled
There’s a battle outside
And it is ragin’.
It’ll soon shake your windows
And rattle your walls
For the times they are a-changin’

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
Brandon Smith

Years ago when analysts used the term “globalist, there was an immediate recognition among liberty advocates as to who they were referring to. This was back when the movement for small government, the non-aggression principle and true free markets was small but growing. These days, it’s difficult to gauge how many liberty groups there are or even if they know what small government and the non-aggression principle represent, let alone what makes a “globalist” a globalist.

There are a lot of new and very green members to the push for freedom, and a lot of them seem to think “MAGA” is the pinnacle of the movement’s philosophy. But MAGA doesn’t represent much of anything tangible. Making America great again is not a plan, it’s just a goal. Or even less, just a catch phrase. Without concrete plans, the notion of achieving a goal is laughable.

Make no mistake, the globalists have concrete plans, some of them simple, some of them rather elaborate. But who are the “globalists”? There’s really no secret to it: ANY person or institution that promotes the philosophy of global centralization of economic or political power into the hands of a select few is probably globalist. Read More

07.10.18- America Is Now A 3rd World Nation
Charles Hugh Smith

I know it hurts, but the reality is painfully obvious: the USA 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
Douglas Rushkoff


Last year, I got invited to a super-deluxe private resort to deliver a keynote speech to what I assumed would be a hundred or so investment bankers. It was by far the largest fee I had ever been offered for a talk?—?about half my annual professor’s salary?—?all to deliver some insight on the subject of “the future of technology.”

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
James Howard Kunstler

The golden Colossus of Trump looms over the national scene this summer like one of Jeff Koons’s giant, shiny, balloon-puppy sculptures — a monumental expression of semiotic vacancy. At the apogee of Trumpdom, everything’s coming up covfefe. The stock market is 5000 points ahead since 1/20/17. Little Rocket Man is America’s bitch. We’re showing those gibbering Asian hordes and European café layabouts a thing or two about fair trade. Electric cars are almost here to save the day. And soon, American youth will be time-warping around the solar system in the new US Space Corps!

Enjoy it while you can. Events are converging ominously this summer in the direction of unwinding expectations and serial train wrecks of finance and politics. Mr. Trump has made hubris simple by bragging on the supposed triumphs of “his” economy. When it blows up, he’ll own that, too, and the second half of 2018 liable to be a debris-field of shattered national economies, zombie corporations, and floundering institutions. Read More

07.06.18- Here’s a great example of a company using Blockchain to solve a real problem
Simon Black

Today I just wanted to send you a quick note to highlight a great example of a company that’s using Distributed Ledger Technology (DLT) to solve a real-world 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?
Bill Bonner

The metamorphosis of a caterpillar into a butterfly is one of the most remarkable things in nature. The animal apparently digests itself, using enzymes triggered by hormones. Then, from the pupa, a whole new animal develops – one with wings.

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
Janine Acero

Here’s some dishes that helped Americans survive and keep their bellies full in hard times. Number 5 is, well, interesting to say the least…

(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
James Howard Kunstler

The Democratic Party has steered itself into an exquisitely neurotic predicament at a peculiar moment of history. Senator Bernie Sanders set the tone for the shift to full-throated socialism, and the primary election win of 28-year-old Alexandria Ocasio-Cortez in a New York congressional district seems to have ratified it. She promised voters free college tuition, single-payer health care, and free housing. Ah, to live in such a utopia!

One can actually understand why New Yorkers especially would fall for that agenda of promises. When I was a child there in the 1950s and 60s, New York was a mostly middle-class city. City College of New York, with a really distinguished faculty, was free. That’s right, stone free. Much of that middle-class was educated there, including most of my high school teachers. In the 1950s and 60s, it cost a few hundred dollars to have a baby in the hospital, and less than that to receive three stitches in the ER. Back then, New York real estate was mostly rental housing and not subject to the deformations of wandering global capital. Read More

07.02.18- How to Create Your Own Personal Gold Standard and Currency Reserve
Tom Kirkman

Did you know that for 99.2% of recorded human history, money was backed by a gold standard?

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?

Okay, but how do we get the financial system back on the gold standard? Read More

Libertarian? Conservative? Classic Liberal? Leftivists don’t just believe you’re a bad person — they WANT to believe it
By A Journalist Who Wishes to Remain Anonymous

Editor’s note: The following comes from a longtime journalist who specializes in writing for major media outlets and private companies about robots, Big Data, and Artificial Intelligence (AI).

Im 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 didnt 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 didnt 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
Daisy Luther

The rhetoric in the United States is heating up and we’re sounding anything but…well…united. It seems to most media pundits like we are too far down the path to Civil War 2.0 to turn back now. Activists are laying siege to government offices. Threats toward people who disagree are growing in ferocity. It’s ugly and getting uglier. It’s a powder keg that is about to erupt. (Here are some thoughts on what a full-fledged Civil War might look like.)

It is only a matter of time before civil unrest begins to escalate and spread throughout the country. Many people are wondering, how do you keep your family safe during widespread unrest? It’s not about being fearful. It’s about being prepared.

My thoughts on this manipulated division are fodder for another article. (You can find it here.) This article is apolitical (to the best of my ability, anyway) and focuses strictly on what you need to know to survive should the unrest come to your neighborhood.

You need to understand how riots unfold. Read More

06.28.18- Media Creates Caricatures of Political Parties.
And People Believe Them!

The Daily Bell Staff

Political parties help us construct straw men of our opponents. They help us see our fellow Americans as opponents in the first place. They have us joining teams not because we like what they stand for, but because we hate what the other team stands for.

Pew Research Center poll from last year found that about 40 percent of both Democrats and Republicans belong to their party because they oppose the other party’s values, rather than because they are particularly aligned with their own party.

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
John W. Whitehead

“These are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph.”—Thomas Paine, December 1776

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
Michael Snyder

It is difficult to find the words to describe just how serious America’s trade war with China is becoming.  As you will see below, the two largest economies on the entire planet are on a self-destructive course that almost seems irreversible at this point.  The only way that this trade war is going to come to a rapid conclusion is if one side is willing to totally submit and accept an extremely bitter and humiliating defeat on the global stage, and that is not likely to happen.  So in the short-term, and probably beyond that, we are going to experience a tremendous amount of economic pain.  In fact, if one wanted to create a recipe for economic disaster, it would be hard to beat having the Federal Reserve dramatically raise interest rates at the exact same time that the U.S. government is starting trade wars with all of the other major economic powers simultaneously.  Unless something drastically changes in the very near future, there is no way that the U.S. is going to be able to get through this without experiencing severe pain.

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
Paul Craig Roberts

In this column I am going to use three of the current top news stories to illustrate the disconnect that is everywhere in the Western mind. 

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
Sarah O'Brien

If you feel like your Social Security check doesn't stretch as far as it once did, there's a likely explanation for it.

Since 2000, the buying power of monthly benefits has fallen by more than a third, according to an annual report released Thursday by the Senior Citizens League, an advocacy group based in Alexandria, Virginia.

In other words, the cost of goods and services common among retirees have collectively risen faster than the cost-of-living adjustment, or COLA, that Social Security recipients get every year.

"People who recently retired might have seen only a [small] decrease in buying power," said Mary Johnson, a policy analyst for the league. "But those retired for a long time are feeling the cumulative effect of this."

About 47 million older Americans receive Social Security. Overall, the benefits comprise about a third of income among those age 65 or older, according to the Social Security Administration. Read More

06.22.18- The Dumbing Down of America Is Deliberate and Deadly
Dave Hodges

We hear the mantra quite often: The dumbing down of America. Former senior level education official in the Reagan administration, Charlotte Iserbyt, even wrote a book by a similar name.

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
Paul Craig Roberts

I remember when America was a free country. You could get on an airliner without an ID. Driving licenses didn’t even have photos. If a friend was coming through your city on a flight and had a few hours layover, you could meet them inside the airport for lunch or dinner. You could meet friends, children, and relatives at the gate or see them off at the gate. Parents could actually put children on the plane and grandparents could take them off.

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"
Tyler Durden

The SEC crackdown on ICOs has, apparently, finally extended to one of the industry's most enthusiastic and prolific promoters: former software security pioneer John McAfee, who has earned a reputation for outrageous behavior (including promising in July 2017 to eat his dick on national television if bitcoin doesn't hit $500,000 in three years) in recent years.

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
Adam Taggart

Après moi, le déluge

~ King Louis XV of France

A hard rain's a-gonna fall

~ Bob Dylan (the first)

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
Justin O. Smith

The FBI brass must have needed hazmat suits to scrub DOJ Inspector General Michael Horowitz’s report on agency misconduct in the 2016 elections, since the evidence of treason at the highest level of government was abundant. The truth is being hidden, and the result is a fiction representative of something out of Orwell’s ‘1984‘; and so, we must do everything within our power to force the issue in opposition to status quo voices in government and the media, who are not representing the U.S. Constitution and objectives based on our founding virtues, We must hold these criminals, these traitors, in the FBI, the DOJ and elsewhere within the government, accountable for illegally working to prevent Donald Trump from winning the election and afterwards trying to unseat him from power. 

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
When Running Their Numbers

G. Brian Davis

What's the big advantage of real estate over equities and other investments?

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
Gary Christenson

In 1967 the Jefferson Airplane sang

“When the truth is found to be lies,

And all the joy within you dies…”

Restate this for global currencies and it becomes:

When the truth is found to be lies,

Confidence in currencies dies.

WHAT LIES? There have been many. Examples specific to the United States:

President Lyndon JohnsonIn 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,

“If anybody has any idea of hoarding our silver coins, let me say this. Treasury has a lot of silver on hand, and it can be, and it will be used to keep the price of silver in line with its value in our present silver coin. There will be no profit in holding them out of circulation for the value of their silver content.” Read More

06.14.18- Clock is Now “3 Minutes to Midnight” on Social Security and Medicare Benefits
Peter Reagan

A recent 270-page report put out by The Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds is shedding light on an alarming trend.

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
Simon Black

It’s typically pretty hard to find anything exciting to say about drywall.

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
JD Alt

We now stand where two roads diverge. But unlike the roads in Robert Frost’s familiar poem, they are not equally fair. The road we have long been traveling is deceptively easy, a smooth superhighway on which we progress with great speed, but at its end lies disaster. The other fork of the road—the one less traveled by—offers our last, our only chance to reach a destination that assures the preservation of the earth.

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"
John Mauldin

Rather go to bed without dinner than to rise in debt. - Benjamin Franklin

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

Debt isn’t always a form of slavery, but those old sayings didn’t come from nowhere. You can find hundreds of quotes on the Internet discussing the problems of debt. Debt traps borrowers, lenders, and innocent bystanders, too. If debt were a drug, we would demand it be outlawed. Read More

06.09.18- Feeling Isolated?
Adam Taggart

  • Does anyone else in your life share your concerns for the future?

  • Is there someone you talk with regularly about the unsustainability of our current economic and ecological trajectories?

  • Do you have friends and/or family members who support your efforts to develop a more resilient lifestyle?

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?
Zach Scheidt

There’s an old saying in poker that if you sit down at a table and you can’t figure out who the fish is, that means YOU’RE 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
Dave Hodges

I know that most of you are probably tired of hearing about the endless predictions that the US economy is going to crash. Stock up now, buy survival gear, get your food, water, guns, gold, ammunition and medicine!  Blah, blah, blah. We have all heard it before. Right?

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
In A Very Long Time

Michael Snyder

By a very wide margin, this is the most optimistic that Americans have been about the future since I started The Economic Collapse Blog in late 2009.  Even though the middle class is shrinking, 102 million working age Americans do not have a job, and we are now 21 trillion dollars in debt, most people are feeling really good about things right now.  Especially among Republicans, there is an overwhelming consensus that the United States is starting to head in the right direction and that better times are ahead.  As a result, so many of the exact same people that were “prepping” while Barack Obama was in the White House are now partying now that Donald Trump is president.  But none of the long-term trends that are systematically destroying our nation have been significantly altered, and none of our long-term problems have been solved.  We are still steamrolling down a path toward national suicide, but most Americans simply do not care. Read More

06.05.18- Ten Ways the Democratic Northern Hemisphere Nations Became the Orwellian West
JP Koning


In his book, “1984”, George Orwell envisioned a future crushed by the iron grip of a collectivist oligarchy. The narrative told of the INGSOC Party which maintained power through a system of surveillance and brutality designed to monitor and control every aspect of society.  From the time of the book’s release in 1949, any ensuing vision of a dark dystopia depicting variations of jackboots stomping on human faces, forever, has been referenced as being “Orwellian”.  This is because Orwell’s narrative illustrated various disturbing and unjust conceptualizations of controlcrime, and punishment.

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,
and it is Destroying the World

Joe Jarvis

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
Tyler Durden


The Governor of Vermont has introduced an unusual law that will pay people who move into the state and work remotely for an out-of-state company - $10,000 over a two year period to cover relocation costs, office equipment, internet, and other work-related expenses.

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
GoldCore


‘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.

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