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Post by Entendance on Sept 25, 2021 4:20:42 GMT -5
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Post by Entendance on Oct 9, 2021 3:22:21 GMT -5
As you have probably heard the Jobs Number came in strikingly below estimates yesterday. It was a shock because many very important people said that once unemployment compensation was cut, then people would go take any job that was available. And so stocks did a pop n' flop. The 'pop' was because the low number made traders think that the Fed would tend to remain dovish longer, since there is a lack of genuine economic recovery in the number. But alas, the selling came in and stocks ended up in the red on the day. This is one very dangerous and volatile market. "O Jerusalem, Jerusalem, you who murder your prophets, and persecute those whom God has sent as messengers to you. As you have willed, your house is now yours— but is made desolate." We have learned nothing, and are emboldened by our willful ignorance. We make beasts of ourselves, to avoid the pain of our lack of humanity. We make a private cult out of our own childlike selfishness, sinning shamelessly against the word and the spirit. We lay down with swine, and call it greatness. Gold and silver also rallied strongly for the same reason. And then were steadily sold through the day to finish unchanged or even a little lower. There are some powerful interests in London and New York defending their bearish positions in gold and silver. The dollar drifted a little lower as one might expect from a dovish economic indicator. Need little, want less, love more. For those who abide in love abide in God, and God in them. Have a pleasant weekend. -Jesse
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Post by Entendance on Oct 12, 2021 3:43:58 GMT -5
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Post by Entendance on Oct 16, 2021 4:35:34 GMT -5
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Post by Entendance on Oct 19, 2021 2:54:29 GMT -5
Federal Reserve Chairman Jerome Powell sold between $1 million and $5 million worth of stock from his personal account on October 1, 2020, according to disclosure forms reviewed by the Prospect. Powell’s sale of shares from a Vanguard Total Stock Market Index Fund has not been previously reported. This sale occurred right before the Dow Jones Industrial Average suffered a significant drop.
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Post by Entendance on Oct 23, 2021 4:31:07 GMT -5
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Post by Entendance on Oct 26, 2021 0:24:48 GMT -5
U.S. Economic growth rate slows to 2% as supply chain issues take toll…
"...Don’t let the record high stock market fool you. The economy is tanking, and GDP estimates have been slashed in more than half from just a few months ago. The trajectory is not good. By middle of next year or earlier, the Biden Administration will have totally tanked just like the economy. Watch Evergrande because it reportedly did NOT make an interest payment as reported. This implosion could take the economy down hard long before the end of 2021. Evergrande is a Chinese property company five times larger than Lehman Brothers."
"...So far in 2021, we must have already used that Hemingway-inspired phrase at least a dozen times in these weekly columns. But now, as the investment world is finally beginning to realize that inflation is definitely not "transitory", it's time to use it again..."
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Post by Entendance on Oct 30, 2021 3:09:08 GMT -5
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Post by Entendance on Nov 2, 2021 2:53:08 GMT -5
What used to be a market is now just a casino where gamblers bet on what the next central bank policy statement will be. Forget about price discovery, supply and demand, charts, etc. All markets have become instruments of Deep State policy. Here
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Post by Entendance on Nov 6, 2021 2:56:43 GMT -5
There will come a time when you will realize what truly matters in your life, at least at the very end. Let's hope that this comes sooner for us all, rather than too late, at a time when we can see past all the distractions and false gods of our own passionate obsessions, and still do something about it. Can you imagine what the realization that it was all simply true as you were told, but did not listen and just pushed aside with other distractions and things, must be like? The regret must be stunning, almost unimaginable. All else pales before it. What a loss to bear. Need little, want less, love more. For this, in the end, is all that matters. -Jesse
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Post by Entendance on Nov 9, 2021 1:04:22 GMT -5
The Entendance Beach & Inflation: 9 pages!
The Fed is between a rock and a hard place. It either stops the bond buying and the market crashes or they keep printing cash and inflation will crash the markets. Either way, the markets are going to crash if the entire financial system does not implode first. Again, you have been warned.
If the Fed doesn’t tackle the real rather than “transitory” Inflation problem (i.e., by raising rates), the bond market tanks; however, if the Fed tries to raise rates to save bonds, it kills the stock market. Here According to John Williams of shadowstats.com, if inflation was still calculated the way it was back in 1980, the official rate of inflation would be close to 15 percent right now.
In a speculative market, what counts is imagination and not analysts. -Benjamin Graham
Wall Street in boom days is an aggregation of madmen. The Stock Exchange becomes Bedlam well dressed. In the end, of course, all violations of the fundamental laws of economic and financial common sense are paid for; but every bull thinks he will unload before the break. They really do not know when to stop winning, and so in the end they lose profit and principal. -Edwin Lefevre
The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good car it will go to Germany. If we purchase useless crap it will go to Taiwan and none of it will help the American economy. ‘The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US.
I’ve been doing my part. -Marc Faber
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Post by Entendance on Nov 13, 2021 2:45:00 GMT -5
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Post by Entendance on Nov 16, 2021 2:59:38 GMT -5
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Post by Entendance on Nov 20, 2021 1:44:10 GMT -5
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Post by Entendance on Nov 23, 2021 2:38:56 GMT -5
“Over 55% of the Treasury bonds issued since last February were not bought by the “open market” but, ironically, by private banks which misname themselves as a “Federal Open Market Committee” …”One could ask why this is happening, the simple answer is, the Fed is the buyer of last resort and without their bid, these bonds would have gone un purchased at yields anywhere near current levels. -Bill Holter
$45 Gold Plunge Caused By Entity Dumping $1.25 Billion Of Gold Futures…Twice
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Post by Entendance on Nov 27, 2021 2:24:31 GMT -5
Regarding retail bullion market trends, sales in ounces and in fiat denominated revenues are up in 2021 compared to a blistering 2020. We can see that in both Perth Mint data and US Mint data, and now the Royal Canadian Mint has confirmed their gold and Silver ounces sales volumes are up +57% and +31% year on year three-quarters of the way through 2020 and now 2021, respectively...Watch the video below.
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Post by Entendance on Nov 30, 2021 3:38:08 GMT -5
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Post by Entendance on Dec 4, 2021 3:13:27 GMT -5
The ignorance and the presumption always travel in the same compartment. The wisdom and the humility too. But on another train. -S. W. Field (L'ignoranza e la presunzione viaggiano sempre nello stesso scompartimento. La saggezza e l'umiltà anche. Ma su un altro treno.) (Die Unwissenheit und die Überheblichkeit reisen immer im selben Abteil. Die Weisheit und die Bescheidenheit ebenso, aber auf einem anderen Zug.)
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Post by Entendance on Dec 7, 2021 3:19:12 GMT -5
Macroeconomic analyst Rob Kirby has long predicted Fed money printing would have to go “on a vertical curve where money has to be added to the system...to keep the system from crapping out and imploding.” Kirby said this more than a year ago. Massive money printing can no longer be hidden, and it has disastrous and dire implications for the dollar. Kirby explains, “They are not hiding it. It’s too big. If you have an elephant under your carpet in the living room, you can’t say ignore the bump. Elephants are hard to hide. It’s also hard to hide $150 billion in daily turnover in cryptos. That translates into a $54 trillion annual run rate. That means trade settlement. This is admitting there is trade settlement in dollars, and that amount is growing. The dollar is on this exponential growth curve. More dollars are being pushed into the world market every year, and fewer of them are being used in trade settlement. What happens when dollars are not used in trade settlement? They return home. The dollars are returning home, and that’s why the price for everything in America is going up. That’s why the equity markets are higher when fundamentals say the equity markets should be down. We have a huge swath of the economy in America that is still shuttered from this supposed pandemic.”Kirby contends we are getting closer to a dollar crash. Kirby says, “Until it gets so tall that it looks like the World Trade Center, and you know what happens when things get that tall? They come down in a heap, and that’s what’s going to happen with the dollar. It’s going to come down in a heap just like the World Trade Center. It’s going to be fast, and it’s going to be brutal. That’s where we are headed, and the powers that be know it. That’s what they are keeping from us. That’s why we have the censorship on social media. That’s why people who talk authoritatively about reality are censored and cut off because we are in trouble. They don’t want us to know, and I think they want a lot of us eliminated.” Does that mean gold and silver have lost their shine to crypto currency? No way, and Kirby predicts, “Metal prices are suppressed...There is going to come a day when metal prices will free itself from the shackles it is currently engaged with. When that occurs, precious metals, in my view, will exceed what we have seen in the crypto universe. What we have seen in crypto currency in the last year or two, I think we could see that in spades in precious metals...The dollar has stage 4 cancer right now. Best you have insurance to cover yourself when the dollar does what it is destined to do.” Kirby recently wrote for friends and subscribers, “There was a time it took Bernie Madoff a couple of decades to bilk $50 billion out of a bunch of chumps. Then we got to the point that it took 17 years for officialdom to squeeze “a missing $21 Trillion” out of a lemon through dubious government accounting gimmickry. Now, we have finally arrived at the point where we can make $400 billion go “poof” in 12 hours. (As happened this past Saturday in the crypto markets.) A dollar sure doesn’t buy what it used to, eh? Isn’t that progress?”
“…Too Big To Fail banks are also a growing presence in the cryptocurrency market. Goldman Sachs plans to open a cryptocurrency trading desk, BNY Mellon allows its clients to hold Bitcoin as of February 19, Wells Fargo will offer professionally managed cryptocurrency funds for qualified investors. Morgan Stanley’s Europe Opportunity Fund reported owning 28,298 shares of the Grayscale Bitcoin Trust, according to a June 28 filing. Venture Capital firms have already invested $17 billion into cryptocurrency firms so far in 2021, more than three times what they invested in all of 2020. In addition, the concentration of particular cryptocurrency assets into a small handful of addresses raise concerns about power concentrations. To take one example, there are several very large ‘whales’ in the Dogecoin cryptocurrency, including a single address that holds over 36.7 billion DOGE (or some 28% of total Dogecoin) worth more than $8 billion. As of February, the top 20 largest Dogecoin addresses held half of the cryptocurrency’s entire supply...” - Alexis Goldstein
"...Cryptos (despite “consolidation” and “adoption” pains) will never be stores of value but rather volatile (and yes, exciting) speculation assets—though we know the crypto circles (who will likely also ignore recent warnings [raised by David Goldman] of quantum hacker risks) will strongly disagree. Luckily, physical gold can’t be clicked away by a quantum mouse click." – Matthew Piepenburg here
Down The Rabbit Hole With Crypto Conspiracy
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Post by Entendance on Dec 11, 2021 3:29:35 GMT -5
In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. Downside momentum happens slowly but resets happen faster. Cascading downside moves are the norm, and orderly declines are anomalies.
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Post by Entendance on Dec 14, 2021 2:20:06 GMT -5
"The biggest trend that I see is a real detachment from reality..."
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Post by Entendance on Dec 15, 2021 2:41:29 GMT -5
Renowned gold expert James Turk says, “Federal Reserve money printing has gone off the rails, and they are in a situation of inflate or die.” Inflation is not the only problem because as the money loses buying power, the general public loses liberty. In Turk’s new book “Money and Liberty,” he lays out a direct link between sound quality money and liberty. What we have now is basically increasing inflation, or a decrease in the quality of money, and increasing tyranny. Just look at what has been happening with the CV19 pandemic. Turk explains, “In the system that we have, in order to make it work, you need inflation and regimentation. When you have regimentation, that means cutting back on liberty...They are trying to keep the system going, and as they keep the system going, there is more and more regimentation... The system has come to its end, and we have to recognize that nature gives us everything humankind needs to advance and that includes natural money, which, of course, is gold.”
Turk says, “The Fed can’t raise rates because only a 1% interest rate hike would raise the borrowing cost the government would have to pay out to $300 billion more per year.” What the government can do is spend more money, and that is the problem for all Americans. Turk explains, “Hyperinflation results from government spending at the end of the day. When the government is out of control, its spending is out of control and the central bank turns that spending into currency, and that’s where we are. We are on the path to hyperinflation.”
Turk warns, “There is a coming disaster...I think we are in the early days of a potential financial crisis nearing what we saw in 2008, but it’s likely to be worse this time around because there is a lot more debt in the system than there was back then. Back then, the government bailed out the banks, but this time around, who is going to bail out the government?
Turk also talks about the huge debt problems in China and how this makes the next financial crisis even worse than 2008. He also talks about why gold and Bitcoin complement each other and why he calls Bitcoin an “Escape Currency.”
In the end, Turk warns this is not a time to try to make tons of money. This is a time to prepare and protect what you have. His simple advice is that those who lose the least will be the winners after the next financial crisis is finished. Turk explains in detail in the 35 min. video interview.
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Post by Entendance on Dec 16, 2021 2:59:27 GMT -5
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Post by Entendance on Dec 19, 2021 3:15:33 GMT -5
"...Polny’s Biblical timing is showing as much as an 80% stock market crash in 2022.
Polny says, “You’ve got the Black Horse event, and it tends to move with the stock market. Every forty years, two things tend to happen: a war and a huge crash. If you look at 1942 and run a black line to 1982, we are looking at potentially an 80% stock market crash next year. That would take the DOW down possibly to the 7,000 point range...
Relating that to Bitcoin, that means it probably would crash too, and that would take Bitcoin down 80%. That’s 80% off its high, and the high will be anywhere from $100,000 per unit to $300,000 per unit, but we have not seen the crazy yet. We are going to see it go crazy because of the dollar event that is coming.”
The good news is evil will be fully exposed in what he calls a “global truth celebration.” Polny predicts, “All these people fall. All these shysters that have been running the world get exposed. They not only get exposed, but they fall and lose all their wealth. They lose everything and lose all their finances. If the people running the market don’t get paid anymore, they are going to take their hand off the buy button, and the next thing you know, crash happens. There are Seven Seals, and we have not seen the Third Seal, which is the great financial reset. The financial reset comes with a Black Horse. It’s truly historic, but it’s Biblical. We are blessed to live in Biblical times.”
Polny says to protect your assets all you need is physical gold and silver, but number #1 is your relationship with God the Father and His Son Jesus Christ..."
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Post by Entendance on Dec 21, 2021 1:59:39 GMT -5
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Post by Entendance on Jan 1, 2022 3:30:01 GMT -5
THEM OR US. TERTIUM NON DATUR.
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Post by Entendance on Jan 8, 2022 4:04:07 GMT -5
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Post by Entendance on Jan 11, 2022 2:29:54 GMT -5
I was a Bitcoin Billionaire Spending money like I don't care Now I just pawned my underwear Used to be a Bitcoin Billionaire.
"...Since it was first discovered by man, gold has played a unique role in the history of the world, in the economic growth of civilisations and in every major religion. The history of the world is inextricably linked to gold. Gold has also played a unique and ever present role in the monetary history of the world. The use of gold as money has been traced back to 4000 B.C. when the Egyptians used gold bars of a set weight as a medium of exchange. From the 6th century B.C. to the 20th century A.D., gold coins circulated in numerous civilizations all over the world. In doing so, gold facilitated trade and enabled economic activity. It is only in our lifetimes or the lifetimes of our parents that gold has not circulated universally as money. This is a relative blip in time compared to the previous thousands of years in which gold circulated as the ultimate form of money, Gold is not called the money of Kings for no good reason. For much of the 19th and 20th century, gold played the role as the anchor stone for the entire international monetary system, from the classic gold standard through to the Bretton Woods era. Since 1971, the world has been engaged in a fiat currency experiment the likes of which have never been witnessed before, with central banks pretending that gold is not important while busily stacking all the gold they can find. If the architects and rulers of the world’s former civilisations and empires were to see a glimpse into the contemporary world where circulating gold coinage has disappeared, how do you think they would react?.."
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Post by Entendance on Jan 12, 2022 3:18:45 GMT -5
The Fed Just Guaranteed a Stagflation Crisis in 2022 – Here’s How
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Post by Entendance on Jan 19, 2022 3:45:43 GMT -5
...getting closer and closer to be sucked into a self-sustained risk. aversion...
Shorting an asset is the most RISKY endeavor in the financial world because you are subjecting yourself to UNLIMITED LOSSES! You can not only lose your investment but EVERYTHING YOU HAVE IN LIFE AND MORE! That’s because every short has a legal obligation to buy that short back in the future no matter what the price! Shorting should be banned from all markets…but it’s not. Imagine how the Bank of America silver traders and risk department are feeling with a 800M+ ounces silver short position and NO SELLERS at ANY PRICE to close out their trade! BofA’s Silver Short will be the TRIGGER for Mass Financial Destruction!
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