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Post by Entendance on Aug 3, 2018 1:15:11 GMT -5
"...The ongoing issuance of fiat money through credit expansion (money ‘creation’ out of thin air) is indicative that something sinister is at work: namely that the real market interest rate has been pushed below the social originary in-terest rate, influencing businessmen and consumers to make unwise decisions. Dance until the music stops, is the motto on financial markets. Central banks can be expected to keep the music playing as long as possible – that is fuelling the boom going by a policy of whatever it takes – and this means suppressing the interest rate to an artificially low level and churning out ever more credit and money to prevent any crash from occurring. The prime victim of such a monetary policy will be, of course, fiat money’s pur-chasing power. It can be expected to continue to fall chronically, and with it, the real value of fixed claims denominated in fiat money goes down. All the more so, as an approaching bust will most likely make central banks opening up their monetary spigots. This, in turn, suggests a scenario outlined by Murray N. Rothard (1926 – 1995), who wrote: “We can look forward, therefore, not precisely to a 1929-type de-pression, but to an inflationary depression of massive proportions.” In other words: Investors are well advised to expect a pretty challenging market environment once the next crisis hits – which is not a question of if but of when." -Dr. Thorsten Polleit
“What does it mean for gold’s value proposition? First, gold does not appear to be expensive at the current price. In fact, there is reason to assume that it is (to borrow a term from the investment world) undervalued. Second, gold – if you look at it as a form of money – offers a hedge against the vagaries of the fiat money world. It cannot be debased by central banks’ money printing, and it does not carry a default or counter-party risk. Reflected upon from this perspective, gold certainly has not lost its shine for the long-term oriented investor. This becomes clear once the investor realizes that gold is not an investment instrument but a form of money – in fact, the best and most honest kind of money available.” – Degussa Market Report quoted by UsaGold
Stop copying me!!
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Post by Entendance on Aug 6, 2018 16:24:44 GMT -5
"This is about a once free society that is becoming more Orwellian with each passing day. Now that they have come for Alex Jones, they aren’t going to stop. It might not be tomorrow, but eventually they are going to come for you."
Wonderful quotes from the latest Grant's Interest Rate Observer:
*The future is much too interesting to be predictable.
*What's wrong is what seems most right.
*The future is a closed book, of course, but not even the present gives up its secrets to just anybody.
*They assume that tomorrow will resemble today, never mind that today is a fluke of history.
Q: In a world fraught with insanity, greed, fake news, fakes news about fake news, corrupt politicians of all stripes, corrupt analyst "reports", manipulated earnings, manipulated government statistics about all sorts of things, and a public just trying to get by, why do you try to apply rationale thought to the markets? And why not just give up? Fleck: Because I never give up, period.
Stop Complaining and Just Delete Facebook
H/T Tom from Florida
"...Forse stò fore, ie songo pazzo, ma vuje m'avite rutte o' cazzo."
EMERGENCY: President Trump Must Defend The First Amendment Alex Jones calls upon President Trump and the patriots that support him to stand up in defense of the first amendment by spreading the word and telling everyone you know it's under attack!
www.infowars.com/
Use duckduckgo.com/ or www.startpage.com/ instead of Google Search. www.fastmail.com/ is a nice alternative to Gmail. www.mozilla.org/it/firefox/ and brave.com/ browsers instead of Google Chrome!!
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Post by Entendance on Aug 30, 2018 1:17:15 GMT -5
Simply swimming blind in a sea full of sharks <Come on in. The water's fine. Everyone is making money but you. Get some.> You are not one of the elite, the .1%, except in your own misplaced aspirations, and maybe delusions of grandeur. To the power of darkness you are prey, and your purpose is to be devoured. The banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery. -Jesse
"...Take my word for it, to wait for the precious metals to go lower will be the most costly mistake that anyone can make. Because when prices turn up, most people will miss the boat. And they will be totally without the protection they so badly need. Physical gold and silver at current prices is the cheapest life insurance premium that anyone can ever pay. Remember, precious metals is not an investment, it is the ultimate form of wealth preservation. But this time gold and silver will not just be wealth preservation, it could save your life, just as it would have done for the poor Venezuelans."
THE LAST HURRAH BEFORE THE DARK YEARS
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Post by Entendance on Sept 12, 2018 5:10:42 GMT -5
Unraveling an international web of dark money: The Global 1% Is Destroying Democracy
It pays to climb to the top of the corporate ladder. A lot. CEOs Make 312 Times More Money Than Their Employees. See the Trend Over Time
"...The blowback is just getting started, as people awaken to the dangers posed by these fast-metastasizing tech quasi-monopolies. The most dangerous dynamics in America are the erosion of the mechanics of democracy by wealth/corporate power, and the erosion of middle-class employment in favor of maximizing corporate profits by any means available.
This is how we end up with a neofeudal society that benefits the Protected Few at the expense of the powerless, exploited Many. Facebook, Google and Amazon are each accelerating this erosion not by accident, but as a direct consequence of their business model and sources of profit..."
***The Blowback Against Facebook, Google and Amazon Is Just Beginning
The Entendance Beach & Inequality
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Post by Entendance on Sept 20, 2018 2:59:12 GMT -5
"...We have no use for armies of idea-sellers. Rather, we need producers, and the more the better. Illumination, furthermore, does not come from a few years at the feet of arrogant academics. Illumination comes the hard way: by endless reading; by trials, failures, and successes; by tragedy and triumph; and by long experience. And even then, it’s never more than partial. At this stage of human development, humility becomes us… and arrogance can be fatal." The Plague of Superfluous Intellectuals
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Post by Entendance on Oct 2, 2018 15:52:30 GMT -5
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Post by Entendance on Oct 29, 2018 3:46:08 GMT -5
"...the status quo is fragile, and everyone's grip on the crumbling cliff-edge of "prosperity" is precarious--and we all sense it. The security we all took for granted is turning to sand as the system breaks down. Job security--you're joking, right? Pension security--you take us for chumps? Sure, your bank account is guaranteed by the FDIC, but nobody's guaranteeing your income, your purchasing power or the security of your grasp on the good life. Everyone knows the markets are as precarious as the rest of the status quo, and the rational response is to limit exposure to risk by selling at the first signs that the herd is nervous... Nobody dares discuss it openly for fear of triggering a panic, but there aren't enough lifeboats for everyone. A great many passengers are going to find themselves in the icy waters when the great global economic ship finally founders, and humanity's finely tuned instinct is alerting us to the restless nervousness of the herd. This particular near-stampede may well be calmed down, and naysayers punished by a monumental rip-your-face-off rally to new highs, just to settle any doubts that the great ship isn't sinking. Rather, the party on the first class deck is just getting started, and a few bottles of champagne might make it down to the 2nd class deck or even to a lucky few in steerage. But despite all the reassurances and rallies, we all sense the fragility and precariousness. No wonder the first hint of trouble triggers a stampede. " -Charles Hugh Smith here
"...Bubbles are always mechanisms of wealth redistribution and destruction. Akin to central banking, they can inflict immeasurable harm and somehow deflect culpability. As we've already witnessed as a society, they wreak subtle - and, later, more overt - havoc. And the current astounding Bubble has been on such an unprecedented global scale. Harsh geopolitical fallout is unavoidable..."-Doug Noland's here
Sharks shunt you first. Then they circle you and come back for the kill. Usually from underneath you. Tigers bite your legs first, to stop you from running. Then they bite your throat, to stop you from breathing. Then they all pile in and eat you. Wolves knock you down first. Then they stare at you for a while to see you're down for sure. Then they eat you. Economic crises attack households first, then banks, after that currencies, because printing takes over, then states themselves. That's when the depletion-wolf sinks its theeth in. There's no coming back from this...as time will reveal.
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Post by Entendance on Dec 8, 2018 7:21:33 GMT -5
“Gold is scarce. It’s independent. It’s not anybody’s obligation. It’s not anybody’s liability. It’s not drawn on anybody. It doesn’t require anybody’s imprimatur to say whether it’s good, bad, or indifferent, or to refuse to pay. It is what it is, and it’s in your hand.” – Simon Mikhailovich
One cannot blame those who think that the Banks, already established as serial felons, are little different from global crime cartels who seems to constantly evade justice, except for fines which they view as just a cost of doing very profitable and illicit business.
They are the real 'Teflon Cons.' -Jesse
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Post by Entendance on Jan 16, 2019 2:35:20 GMT -5
“Right now, after so many years after the ‘Great Recession,’ not only are people comfortably unaware, but even worse yet, the entire idea of financial preparedness has been discredited. I have noticed this because I have been on many shows promoting my book. . . . People are not that interested in financial preparedness. A common element was always this: People have made predictions, and they didn’t pan out. Other analysts have made gloomy predictions, and they didn’t pan out. So now, the general public has essentially been numbed. One of the big issues I talk about with my book is sustainable financial preparedness, and it’s a tough sell. It’s a tough sell because people are even worse than just ignorant in an uncomfortable way; they are downright dismissive with anything that has to do with financial preparedness. So, on top of all the problems with our economy, and on top of all the political issues you are well aware of, we also have this general state of not even apathy, even worse, contempt . . . of financial preparedness in general...” Andrei Polgar
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Post by Entendance on Feb 20, 2019 14:56:11 GMT -5
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Post by Entendance on Mar 21, 2019 16:24:31 GMT -5
"Jim/Bill, I always made a decent amount of small pocket change trading put and call options on market inflection points. Then suddenly, everything went to hell in a handbasket. All my academic and professional trading knowledge could be tossed out the window. There is no possible way anyone could utilize fundamental, technical, and macro events to trade. Not with the advent of algorithms for machine trading (equities are the best example). Not when the Fed steps in to foil economic laws (precious metals are the best example). But as the article states, it will come home to roost some day. One thing is certain, markets have a way of remaining in dreaded doldrums for decades. I’ve seen this in the 60’s.
I’ve seen grown men sitting on the curbside, crying. They saved money for years and invested. Then out of the blue lost everything they had worked for. “Never Again” was the mantra I kept hearing. Indeed, it a decade or more before interest in stocks resumed. But of course, by a new crowd. The old timers never returned.
It will take a very loooong time, a generation or more perhaps, until the markets regain popularity again. People had better brace themselves for a major correction, a reversion to mean if you will, that will exceed the massive and unprecedented Fed stimulated rally of the past decade. Pain never shows its face until it’s too late. The 2000 and 2008 collapse was just a teaser.
Patience is not a trait the new generation possesses. Their eagerness will get many into financial trouble and decimate their lives. The illusion of “paper prosperity” will disappear in the blink of an eye. Be ever vigilant and not fall asleep as the wheel, thinking the Fed will ALWAYS have your back. Even they have their limitations. Rest assured, although markets can be manipulated, they eventually succumb to the laws of physics. I say physics in lieu of economics, as the former has become nothing more than alchemy in modern times; a charlatan’s game. Be on your toes!" -CIGA Wolfgang Rech
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Post by Entendance on Apr 4, 2019 3:15:11 GMT -5
"...By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade. Since the 2008 financial crisis, the top central bank’s have acquired $13 trillion worth of assets on their balance sheets. While the central banks label these balance sheet items as “Assets,” they are nothing more than glorified Paper IOU’s.
And these trillions of dollars worth of paper IOU’s can only get their value from the burning of energy… a critical factor overlooked by mainstream financial analysts. Without growing global oil production, most of these “supposed” assets would see their values plummet. Unfortunately, the world is heading towards a collapse of global oil production due to the Falling EROI – Energy Returned On Investment and the Thermodynamics of oil depletion..."
More here
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Post by Entendance on Apr 5, 2019 5:14:41 GMT -5
...Every gram of gold or silver you acquire using fiat currency effectively removes that many “dollars” from the current rigged financial and economic system. E.
"...rig statistics to make it appear that all is well" The Japanification of the World
"Some basic rules of history; ***The majority always provides consent to the minority. The minority always determines the direction the majority follows (agenda) The majority always pays the price The majority owns the outcome, good or bad. By providing consent, the majority are always responsible for their own fate." -Warren Pollock Rules for Rulers
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Post by Entendance on Apr 12, 2019 11:43:52 GMT -5
The new Royal Canadian Mint "Call of the Wild" bullion coin That's a must-have
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Post by Entendance on May 10, 2019 6:26:59 GMT -5
"...The greed and leverage boys believe unconstrained free markets (with significant government subsidies) are the solutions to all of America's ills. The younger generations know this not to be true. It's in their lived childhood experience. The older generation should know better but greed is an tantalizing, unrelenting taskmaster." Milken History for Younger Generations H/T Tom from Florida
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Post by Entendance on May 15, 2019 14:42:29 GMT -5
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Post by Entendance on Jun 7, 2019 5:34:03 GMT -5
"The reset is upon us. The narrative of the collapse is being written before our eyes. The end game rests not on the globalists, though, but proponents of liberty and sovereignty. Either we keep our crosshairs on the true enemy, or we get sucked into the maelstrom and forget who we are and why we are here. If the latter occurs, then the globalist reset will be assured." The Next Stage Of The Engineered Global Economic Reset Has Arrived
Globalism Globalists Sociopaths Into The Mind Of A Psychopath Capitulation to irrelevance: Italia
Eurabia banksters
"There is a line you cross, you don't never come back from. Point of no return." -Carlito's way C'è una linea di confine dalla quale non si torna indietro: il punto di non ritorno.
3 pages: Reset
Collapse is in the cards "It’s time to have a serious conversation. I know we’ve been having it, but maybe there’s another glove hidden beneath the one we’ve already taken off. Put bluntly, there doesn’t seem to be any hope of avoiding a collapse of civilization. The forces of the Business-As-Usual crowd are just too strong, the narrative machine too honed, the interests too entrenched to allow any sort of meaningful course correction at this time. But is that the case?" They’ve Stolen Our Future!
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Post by Entendance on Jun 13, 2019 23:44:03 GMT -5
"...With gold in euro, pounds, Aussie dollar, Singapore dollar, Canadian dollar, and Swedish krona all in their own way making new multi-year or all time highs, all eyes are now on US dollar gold to lead by example.
At the end of the day, many people save and invest in physical gold bars and physical gold coins so as to get out of fiat currencies and into money that is real and tangible and that lacks counterparty risk. This leaves gold savers and investors holding a specific quantity of gold that is independent of the decaying values of fiat currencies.
But it’s also precisely because fiat currencies continue to decay in value, while gold acts as a store of value, that we are continuing to see the gold price breakout phenomenon extend across the board to the world’s most liquid and most traded currencies, including it now seems, the less than mighty US dollar."
June 14, 2019 Gold Price Breakout in Multiple Currencies
Fred & EntendanceInvestors Beach Wealth Preservation Principles: Store Gold/Silver outside the banking system Direct ownership by the account holder Custody control by investor 100% reputable privately owned vault Maximise elimination of counterparty risk Storage in a politically stable country Transact with the most reliable liquidity providers No compromise on privacy and security!
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Post by Entendance on Jun 18, 2019 13:16:38 GMT -5
1. It’s my firm belief that most Americans are living in a fantasy world where a superhero named President Trump is going to negotiate fabulous “America-first” trade deals with cowering governments around the world… and Americans will then magically relive the 1950s with massive GDP growth, even while QE to infinity becomes as American as apple pie. 2. The reality of the situation is almost the exact opposite of this fantasy world; de-dollarization is relentless and American government size and debt growth is totally out of control. 3. China is an economic bullet train carrying 1.4 billion gold-focused passengers. It’s blasting through a melting block of American fiat-focused butter, and India’s citizens are poised to take everything China’s citizens are doing to even greater gold-oriented heights. 4. The rise of the Chindian gold-oriented economic empire and the decline of the American empire are both unstoppable processes. 5. There’s no question that Trump will negotiate numerous trade deals with more favourable terms for America than his presidential predecessors ever did, but the tariff taxes involved mean these deals create less global growth rather than more. 6. These taxes are also inflationary. 7. A “big” trade deal between China and American is unlikely, but even if it happens it would probably add only about half a point to the current pathetic level of US GDP growth in the short term, and it wouldn’t stop the business cycle from peaking. 8. The cycle is peaking. Recession is coming. 9. Please click here now . Double-click to enlarge. A breakout above $1362 targets $1450. 10. Simply put, the peak in the business cycle is when sane investors buy gold and silly children try to relieve the 1950s by price-chasing the US stock market. 11. I’m long the stock market, but I’m not buying new and bigger core positions. I consider that an act of financial madness. 12. Please click here now . Double-click to enlarge. It’s been a great ten-year run for the stock market, and now it’s clearly time to book some profits, fade position size, buy gold, and wait for the next bear market in stocks to bring a major buying opportunity. 13. Please click here now . Double-click to enlarge. There is no asset class that does as well as gold does as the business cycle peaks, and this cycle peak might include the interesting arrival of… inflation. 14. Note the similarity of the current action in the inverse H&S bull continuation pattern to the price action in late 2009. Gold is poised for a major upside breakout. 15. I think the US business cycle peak will force Trump to change tactics from trying to extend the cycle with tariff taxes and he’ll focus on devaluing the dollar. If he loses the election, the democrats are also likely to pursue dollar devaluation. It’s win-win for gold. 16. I expect this US business cycle peak will be followed by a substantial period of growing stagflation. 17. That means the Dow could gyrate between about 15,000 and 30,000 for years in a stagflationary quagmire, much like it gyrated between 500 and 1000 in the 1970s as stagflation lorded over all markets. 18. “Right now, they’ll just give a very dovish message that leans toward a July rate cut. The market is worried enough about weakness in China, inflation undershooting and the possibility that tariffs disrupt the global supply chain that it’s hard for me not to think the Fed won’t be moving faster than people thought.” - Joe LaVorgna, chief economist for the Americas, Natixis, June 14, 2019. 19. Mike Grapen is chief economist at Barclays bank, and he’s predicting a half-point cut in July! The bottom line is that while the long-term outlook for America is empire-fade and stagflation, the Fed is still a powerful central bank and the main driver of the US stock market. 20. On that note, please click here now . Double-click to enlarge this short-term Nasdaq stock market chart. While big core positions should be reduced as the business cycle matures, short-term trading should be embraced. 21. At my guswinger.com swing trade site, I’m betting the Fed makes a dovish statement at tomorrow’s key meeting, and that creates short-term buying of the stock market… and gold! 22. Please click here now . Double-click to enlarge this GDX chart. The current Fed meet should be bullish for gold stocks. What about the July meet? 23. Well, that should be even more bullish! A big rate cut in July may not be enough to save the stock market from the tariff tax quagmire it’s sinking into as the business cycle peaks. 24. That’s because institutional money managers traditionally begin to sell the stock market as the Fed cuts rates at the peak of the cycle and… they buy gold! Once tomorrow’s Fed meet is out of the way, it will be time for gold stock investors to get bold, reduce hedges, buy all dips, and… enjoy! -Stewart Thomson
H/T Tom from Florida
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Post by Entendance on Jul 17, 2019 2:36:03 GMT -5
Please note: updated by Tom from Florida while E. unplugged, disconnected and off the grid until September 2019
by bailing out markets and economies at every sign of trouble over the past 10 years central banks have given politicians license to do nothing. And nothing is what you get as political discourse fragments and majority solutions are impossible to come by. But not only are majority solution impossible to get nobody even wants to even talk about them. Why? Because they involve pain. Voters don’t want to hear pain.
In debt we trust The Rise of Insanity
What most people don’t understand, however, are the long-term consequences of the extraordinary measures the central banks undertook. They actually made things worse and have set up the entire system for a much bigger crisis than 2008. ‘Easy’ money has only served to encourage the creation of a lot more debt (both public and private) and insane speculation in the markets. The Unfortunate Final Refuge
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Post by Entendance on Jul 24, 2019 23:42:26 GMT -5
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Post by Entendance on Sept 15, 2019 9:42:58 GMT -5
People “talk their book” and sell stories that benefit them. Occasionally we hear the truth...
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Post by Entendance on Oct 3, 2019 6:41:38 GMT -5
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Post by Entendance on Oct 14, 2019 2:04:57 GMT -5
"...It would be more accurate to say the figure for the US is trending towards infinity. It is already infinity in Japan and the Eurozone, where negative interest rates and bond yields offer the basis for the net present value calculation. As in most things financial, the public is blissfully unaware of the true implications of low and negative interest rates and ultra-low bond yields. They take the view that very low interest rates permit their government to borrow as much as it likes to provide the public with new hospitals, schools and the like. It is a case of fools of politicians and central bankers having turned everyone else into fools, and the few who realise it have no idea how to reverse the process. What they do not see is the government cannot now fund public healthcare and pensions, which make up the bulk of future obligations in a welfare state, without accelerating monetary debasement even more..." Monetary failure is becoming inevitable
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Post by Entendance on Nov 7, 2019 1:45:49 GMT -5
"One day, the establishment will come to take what you have. There is no way around this. Narcopaths are like ravenous parasites feeding on every last morsel of humanity. They take whatever can be taken." -Brandon Smith here
"No matter, gold is going to go where it needs to go, despite the short term antics of the pampered princes of the Banking system. You know what to do by now." -Jesse here
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Post by Entendance on Nov 17, 2019 4:03:43 GMT -5
“Fear is the enemy in a fiat currency system. Everything is based on our assumption that the guys in charge know what they are doing and that the confidence in them is good. You take that away, and they let us see them sweat, and it’s over. There is no real bottom for the dollar, euro or the yen. Their intrinsic value is zero. When the economic players out there in the global financial system realize that the central banks of the world are out of ammo, and nothing these guys do is going to fix our problem, then all hell breaks loose. . . . What worries me about today’s world is that everything falls apart all at once, and there is no way to fix what went wrong. . . .We have a lot of examples of governments doing crazy things when everything falls apart.”
In closing, Rubino points out riots and protests around the world, such as in South America and Europe. Rubino says, “This is happening largely because of financial mismanagement . . . . They see a corrupt elite siphoning off all the wealth in their society. Does that sound familiar? That’s what a lot of people think of the U.S. right now. That’s in an expansion when there are jobs. So, take away a lot of those jobs, but leave that elite in place, and you have a powder keg. You lit the fuse that could get very, very scary. I hate this. The Mad Max scenario is a tragedy beyond belief for some place like the U.S. where it did not have to happen.”
"When things go wrong they probably get worse" More here
The banksters. Such is the root of our misery
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Post by Entendance on Nov 24, 2019 2:08:05 GMT -5
“The financial crisis that may come in the near future may not be the worst thing. That may be the best thing so we can reset and get a footing in reality and something that has integrity. I am concerned we won’t turn back and move in the right direction..." Here
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Post by Entendance on Nov 30, 2019 2:37:09 GMT -5
<The globalists are attempting to sell us on slavery by packaging it as “free markets”. The solution is to not use the systems they promote and be ready to fight tooth and nail for real decentralization.> Here
What killed the frogs?
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Post by Entendance on Dec 29, 2019 5:22:24 GMT -5
"2020 is right around the corner, and it promises to be a brutal year of politics and crazed economic proposals. The candidates will promise the stars and the moon, all with your money. Several now openly label themselves socialists. They won’t talk about the Fed, or endless wars, or debt and entitlements. But they will suggest more taxes on your income and your wealth. And they will suggest more and more state control over the economy, and over you." -Jeff Deist, president of the Mises Institute
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Post by Entendance on Jan 3, 2020 12:05:01 GMT -5
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