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April 22-23, 2017: The Weekend

DEheadlines_orig

“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing In 2017
“Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.” – Richard Hayne, Urban Outfitters CEO, March 2017… (Continue to full article)

Visualizing The Collapse Of The Middle Class In 20 Major U.S. Cities
When future historians look back at the beginning of the 21st century, they’ll note that we grappled with many big issues. However, historians will not view these ideas and events in isolation. Instead, they will link them all, at least partially, to an overarching trend that is intimately connected to today’s biggest problems: the “hollowing out” of the middle class…. (Continue to full article)

GOLD IS PROTECTION AGAINST DAMNED LIES AND WAR
There are lies, damned lies and news, to paraphrase British Prime Minister Disraeli who said: “There are lies, damned lies and statistics. Today we are fed with lies ubiquitously in the form of news and most people who just follow conventional media are totally unaware of the truth. Because the truth is not spoken by many today… (Continue to full article)

The Last Time This Happened, The Market Crashed
A few days ago Charles Schwab, the investment brokerage firm, announced that the number of new brokerage accounts soared 44% during the first quarter of 2017. More specifically, Schwab stated that individual investors are opening up stock trading accounts at the fastest pace the company has seen in 17 years. Anyone remember what happened 17 years ago?… (Continue to full article)

How Online Shopping Makes Suckers of Us All
Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way to far more exotic strategies, designed to extract every last dollar from the consumer…. (Continue to full article)

EVERYTHING IS RIGGED: From Medicine to Politics to Finance…You Are Living In A Fabricated Fairy Tale
The temptation to think that what you are living may be a lie is too big to ignore. In fact, things should always be under close scrutiny of your intellect and reasoning capabilities instead of blind acceptance and submission. The main thing we are going to focus is the big lies you are being told… (Continue to full article)

The banking industry abuses its customers worse than United Airlines
That there are countless cases of another industry abusing its customers in far, far worse ways than the airlines. I’m talking, of course, about the banking industry. Banks treat you like criminal suspects too… (Continue to full article)

The Case For A Long-Term Bull Market In Gold
It’s pop quiz time. Which of these three investing benchmarks produced the biggest returns since the summer of 1999: the S&P 500 average of large-cap stocks, China’s Shanghai Stock Exchange composite index, or gold? The correct answer? That shiny metal used a lot in jewelry, traded heavily by short-term speculators in the futures markets, and stored for long-term safekeeping in bank vaults around the globe… (Continue to full article)

The Growing Funding Gap for State Pensions Puts Millions at Risk
Two new reports by the Pew Charitable Trusts suggest that state governments across the country are shortchanging their employee pension funds and aren’t adding enough money in emergency funding. (Continue to full article)

Central Banks’ $13 Trillion Problem
Central banks began buying debt eight years ago. Now they own $13 trillion of it. Hey, it was fun, wasn’t it? Now all they have to do is sell it… (Continue to full article)

Why Gold?
The answer to the title question is simply: Why Not? A series of columns and commentary showing the history and importance of the ownership of ‘specie.’ History has proven that gold IS the answer. (Continue to full article)

Life, Liberty & All That Jazz is now heard at 1:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.

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Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-523-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Absurd Valuations on Unprofitable Tech Stocks

The Treasury Secretary chimes in on what any market watcher should know instinctively. Mnuchin talks tech: ‘I don’t understand these valuations’, yet the price on promises and future expectation of earnings has a large amount of the equity speculators and computerized trading in a crisis of sanity. Avoiding the fundamental relationship that a stock value is based upon the ability of a company to turn a profit, has become the hottest investment hoax since Bernard Madoff was pitching his Ponzi scheme. Uber, Snapchat and Twitter may be high flyers for the smart set, but for rational venture capitalists, plunking down gambles on risky enterprises that only feed on publicity hype is a sure bet on going broke.

While angel funding, seed investment and incubation have a nice ring to their functions, what they all have in common is gaining a piece of the equity action before any IPO is sold to the investment insiders, much less the general public. What is often lost is that any new startup enterprise must develop cash flow well before any earnings can be achieved. Continue reading

Panic in the Streets

American Families Face Increasing Financial Instability

The financial situation of many middle class American households is strikingly unstable, according to a new report from the Harvard Business Review.

The Harvard Business Review finds that there is increasing trend of financial vulnerability for lower and middle class American households. According to the report, households experienced an average of five months per years in which household income increased or decreased by more or less than 25 percent.

Our first big finding was that the households’ incomes were highly unstable, even for those with full-time workers. We counted spikes and dips in earning, defined as months in which a household’s income was either 25% more or 25% less than the average. It turned out that households experienced an average of five months per year with either a spike or dip. In other words, incomes were far from average almost half of the time. Income volatility was more extreme for poorer families, but middle class families felt it too. Continue reading

Big Pharma Funds “Independent” Advocacy Groups Attacking Drug-Price Reduction Bill

ADVERTISEMENTS FROM SEEMINGLY independent advocacy groups are swamping Beltway newspapers with dire warning that recent proposals to lower drug prices will lead to dangerous consequences. In the last week alone, the ads have appeared in the Washington Post, Washington Times, Roll Call, The Hill, and Politico.

The groups placing the ads have no obvious connection to pharmaceutical companies. For instance, the American Conservative Union (ACU), one of the organizations taking out an ad, describes itself as devoted to promoting “liberty, personal responsibility, traditional values, and strong national defense.” Continue reading

The Federal Reserve is Not Federal and it Doesn’t have Reserves

NOTE: This article was published in 2007 at www.ConservativeTruth.org. Little has changed in the ten years since then as far as the facts that led the United States to its current position. Much has changed in the numbers, however. For instance, during the reign of Barrack Obama, $10 Trillion was added to the National Debt. That is more than the debt added by all the presidents before him combined in over 230 years.

A few years ago, as the stock market experienced wild ups and downs, I watched 5 guest panelists on CNBC express their opinions on the reasons for the volatility. Actually, seven people interrupted and talked over one another in their zeal to get their points across. The two hosts, who were supposed to be interviewing the five panelists, spent most of the time expressing their own opinions. The one common denominator was that all seven continually referred to “The Fed,” wondering how that institution might move to solve the problem. I laughed out loud! These were supposedly sophisticated people, representatives of financial and educational institutions and think tanks. And yet they seemed to be as painfully ignorant of the truth concerning the “The Fed” (more formally known as “The Federal Reserve System”) as the average American on the street.

The simple truth is that The Federal Reserve System is neither federal, nor does it have any reserves. The Fed is a system of private banks, owned by rich foreign and American bankers. It is the biggest scam ever perpetrated upon the American people. It is the reason we have inflation. Continue reading

Squashing the Gold Bug

The gold-bug is the deluded hoarder who lives in a fantasy world scripted and controlled by the socialist globalist bankers. His claim to fame is that gold, silver, oil or some other commodity (such as bitcoins) is money which is “real” and has “intrinsic value.” They “believe” in gold, silver, oil or bitcoins. This belief is at best a self deception and at worst an outright self serving globalist lie.

And they can point to legitimate philosophers that had the same, wrong view. Adam Smith, for instance, developed a very correct economic theory based on supply and demand, but walked right into the goldsmiths trap by believing in “money that has intrinsic value.” Von Mises made the same mistake. So did Ayn Rand.

But because the philosophy was greater than the philosopher, we could use their own reasoning to discover their error by claiming “honest money has intrinsic value.” In their philosophy they exalted human effort in the creation of value, but when talking about money they “believed” without proving what the “experts.” Continue reading

The Irresponsibles

There is only one thing more painful than learning from experience, and that is not learning from experience.” ~ Archibald MacLeish

We all make choices, but in the end, our choices make us.” ~ Andrew Ryan as a character in Bioshock

It will be interesting to see if Dandy Don and the Republicans can get their own house in order.

The party leadership, particularly in the House, encouraged the frivolous use of Congressional time with their fifty odd and meaningless votes to repeal Obamacare. They are now so used to acting like powerless frat boys, that they can’t seem to buckle down and get to work.

Well, maybe that is not all that bad, all things considered. Continue reading

Dateline: March 21, 2017

DEheadlines_orig

US Wholesale Used Car Prices Plunge
With massive incentives on new vehicles, I say, let’s see. Regardless, it’s pretty clear that car sales are slowing, and it takes bigger and bigger incentives to push them out the door… (Continue to full article)

Is Demand For Physical Gold Really Collapsing?
Remember, the end user of minted bullion products is largely the retail buyer. In the first two months of 2017, real wages have declined. Even more negative for retail sales of any sort is the fact that real disposable income has been declining on a year over basis since December 2015… >Continue to full article)

Silver 1/70th The Price of Gold – Silver Eagles Buying Jumps
Silver to rise “faster than gold.” Silver Eagles (1 oz) sales jump to 715,000 this week. Demand “strong” and “supply may drop following mine closures”… (Continue to full article)

How The Federal Reserve Is Setting Up Trump For A Recession, A Housing Crisis And A Stock Market Crash
Most Americans do not understand this, but the truth is that the Federal Reserve has far more power over the U.S. economy than anyone else does, and that includes Donald Trump. Politicians tend to get the credit or the blame for how the economy is performing, but in reality it is an unelected, unaccountable panel of central bankers that is running the show, and until something is done about the Fed our long-term economic problems will never be fixed… (Continue to full article)

Why Gold?
The answer to the title question is simply: Why Not? A series of columns and commentary showing the history and importance of the ownership of ‘specie.’ History has proven that gold IS the answer. (Continue to full article)

Life, Liberty & All That Jazz is now heard at 5:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-855-289-7587
Email:
gold@kettlemorainepreciousmetals.com

Dateline: March 20, 2017

DEheadlines_orig

Arizona Challenges the Fed’s Money Monopoly
History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare… (Continue to full article)

How safe is your physical Gold?
Here’s a quick checklist of the three most common places to store your gold. My friend overlooked one of the basic rules of home storage, so I hope you’ll review where and how you store your precious metals so that you can avoid the same pain and loss he experienced… >Continue to full article)

The Weimar hyperinflation – 1923 – Germany
The most famous of modern monetary disasters occurred in Germany in 1923. The indirect cause of the German hyperinflation was the Treaty of Versailles, which brought to a close the First World War. More directly it was the level of reparations which the German people were required to pay to the victors… (Continue to full article)

The World Will Hyperinflate Into A Gold Standard
The world has (finally) realized that a country with the reserve currency is not something a country should want and that the dollar can fail. The danger is that it will fail to soon… (Continue to full article)

Greenspan has taken the horse to the water
Note that the Fed’s contingency plan to steer away from hyperinflation is essentially deflationary. It is designed to massacre all short sellers of dollars mercilessly by relentlessly pushing interest rates further down. The trouble with this plan is that it makes bond speculation on the long side of the market risk-free. If you now recall that speculators… (See next column link) (Continue to full article)


How the Fed Operates — And Why It’s a Problem

We are often asked about the mechanisms by which the US Federal Reserve Board (the Fed) influences the level of US interest rates and whether these mechanisms also influence the level of the US money supply. It has long been regarded that the Fed no longer inflates and contracts the money supply but rather simply acts to target interest rates. The purpose… (Continue to full article)

Banks Are Evil
It’s long past time we be brutally honest about the banks. Their influence and reach has metastasized to the point where we now live under a captive system. From our retirement accounts, to our homes, to the laws we live under — the banks control it all. And they run the system for their benefit, not ours…. (Continue to full article)

Silver Market Poised For Big Reversal When Institutional Investors Move In
The Silver Market is going to experience a big reversal when the Hedge Funds and Institutional investors rotate out of highly inflated stocks and into precious metals investments. This is not a matter of if, it’s a matter of when. And the when, could be much sooner than we expect due to the huge problems with the U.S. debt ceiling deadline on March 15, 2017… (Continue to full article)

10 Compelling Reasons To Add Physical Silver To Your Portfolio
It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not and that’s especially true for silver, since it’s such a small market and doesn’t carry the same gravitas as gold. At this point in history, however, there are 10 compelling reasons to add physical silver to your portfolio… (Continue to full article)

Why Gold?
The answer to the title question is simply: Why Not? A series of columns and commentary showing the history and importance of the ownership of ‘specie.’ History has proven that gold IS the answer. (Continue to full article)

Life, Liberty & All That Jazz is now heard at 5:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-855-289-7587
Email:
gold@kettlemorainepreciousmetals.com

50-Year Look at the Dollar’s Purchasing Power vs. Gold

To understand the impact of inflation on the US dollar, it’s helpful to compare its purchasing power to gold over time. Fifty years ago, the dollar’s value was quite substantial, but over time artificially low interest rates and money printing by the Fed have helped erode the greenback’s potency. In contrast, gold’s unique ability to preserve wealth and purchasing power is easy to see when compared to the dollar over the same time period.

The following infographic shows the difference between two different savings scenarios:

An American stores $3,500 in a safety deposit box in 1967 and takes it out in 2017.

An American stores $3,500 worth of gold (100 oz) in a safety deposit box in 1967 and takes it out in 2017.

If each person then went on a spending spree, here’s what could they buy.

Continue reading

Dateline: March 10, 2017

DEheadlines_orig

Gold And Silver: Legal Weapons Against The Deep State
“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.” – Alan Greenspan, “Gold and Economic Freedom”… (Continue to full article)

Gold to jump $200 by end of year
Gold may be under pressure in the run-up to the next Federal Reserve rate hike, but prices are expected to rally by around $200 by the end of the year, according to the corporate and investment banking division of Bank of America… (Continue to full article)

Arizona Senate Committee Passes Bill To Treat Gold As Money, Remove Capital Gains Tax
Today, an Arizona Senate Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. Former US Rep. Ron Paul testified ahead of the vote, proclaiming, “paper is not money, it’s a substitute for money and it’s fraud.”… (Continue to full article)

What is the root cause of a gold bull market?
If the future were 100% certain then there would be no reason to have any monetary savings. You could be fully invested all of the time and only raise cash immediately prior to cash being needed. By the same token, if the future were very uncertain the… (Continue to full article)

Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated
Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated (Part I) Investors looking to gold again but gold buyers need to exert caution ‘Wolves of Wall Street’ ready to hungrily gobble up life savings of unsuspecting ‘widows and orphans’ Like all markets are few bad apples in gold market Need to do due diligence on company buying from Avoid companies marketing gold plated coins as “pure gold” coins Collectible… . (READ next column link as well) (Continue to full article)

Beware: The Ide(a)s of ‘Rare Coin’ Dealers
An expose’ of the Pirates of the precious-metals underworld and how you can truly protect your ass-ets – from them! (Continue to full article)

Sound Money Is Rising at the State Level: “Will Open The Door For Citizens To More Easily Use Gold And Silver
In the last few days, Fed heads have made it very clear that they want to hike thOfficials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises. The “gains” are largely illusory. Rising asset prices over time reflect the fact that the dollar buys less of everything. But the tax obligations triggered by… (Continue to full article)

Silver Market Poised For Big Reversal When Institutional Investors Move In
The Silver Market is going to experience a big reversal when the Hedge Funds and Institutional investors rotate out of highly inflated stocks and into precious metals investments. This is not a matter of if, it’s a matter of when. And the when, could be much sooner than we expect due to the huge problems with the U.S. debt ceiling deadline on March 15, 2017… (Continue to full article)

Silver Very Undervalued from Historical Perpective of Ancient Greece
What wages in ancient Athens can tell us about the silver price today – Wages paid in silver in ancient Athens compared to wages today – Silver massively undervalued compared to the past few thousand years… (Continue to full article)

Why Gold?
The answer to the title question is simply: Why Not? A series of columns and commentary showing the history and importance of the ownership of ‘specie.’ History has proven that gold IS the answer. (Continue to full article)

Life, Liberty & All That Jazz is now heard at 5:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-855-289-7587
Email:
gold@kettlemorainepreciousmetals.com

Glass-Steagall Essential Banking Regulation

The central struggle since the inception of the Republic has been about the control of money. Since the U.S. Constitution clearly defines coinage, the objective of the mercantile elite was to circumvent the law and establish a National Bank. Woe to any defender of President Andrew Jackson for abolishing the Second Bank of the United States and rendering the Bankster Nicholas Biddle to his ignominious place in hell. This victory for the common man was ultimately betrayed when the Federal Reserve Central Bank was instituted with all the ills of fractional reserve banking.

Since this treachery, the country was placed completely under the bondage yoke of debt created money. In the age of J.P. Morgan, the Jackals of Jekyll Island were able to implement the Rothschild scheme of the issuance of money by a private bank with the passage of the 1913 Federal Reserve Act. The inevitable reduction in purchasing value of Federal Reserve Notes and increase in the national debt provided the backdrop to the conditions that resulted in Black Tuesday October 29, 1929. Continue reading

Dateline: March 7, 2017

Say pardner – me an’ Curtin been out at the mines, diggin’ out a new load o’ goods. We figgered t’ be back sooner, with somethin’ good fer y’all. Well – we is here, but I sure ain’ta seein’ much but bad news all the way’ze ’round. ~ Howard

 

DEheadlines_orig

AT&T Agrees to “Re-source” Jobs Back to United States
The union representing AT&T workers in five southern states announced on Thursday that it had reached a tentative agreement with AT&T Southwest that includes a promise to hire 3,000 American workers to do jobs previously done overseas… But GM is laying off 1,000 workers for the summer. Car sales must be getting slow… (Continue to full article)

Another big company leaves California
The $26-billion-a-year food conglomerate is discreet, of course, about its reasons, citing a desire to be closer to its core customers and other bland corporate pabulum. But the fact is, Nestle and its corporate brethren in California that actually make things are overtaxed and overregulated, and elected officials treat them not as honored members of the community but as rapacious pirates… (Continue to full article)

Did the USA Declare Bankruptcy?
In 1913, Congress signed a surrender treaty to the international banking cartel. Congress ceded its sovereignty to the Federal Reserve by surrendering its money printing authority. The 16th amendment sold all US citizens into slavery via the income tax. After 1913, bankruptcy was inevitable, although it wasn’t formally declared until later… (Continue to full article)

Half Of Americans Can’t Afford To Write A $500 Check”
57% of Americans don’t have enough cash to cover a $500 unexpected expense, according to a survey from Bankrate…. (Continue to full article)

The Myth of Gold Confiscation
If we experience a debt crisis, as many economists believe is inevitable, many people believe that their holdings of gold and silver bullion will be confiscated, just as in 1933. This article reviews the probability of confiscation and compares it to other more likely measures to generate government solvency.An appropriate starting point when… (Continue to full article)

Central banks and gold
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually lead to a new policy direction.For now, that is undecided, beyond a growing acceptance that today’s monetary policy… (Continue to full article)

Inflation, the Dollar and Gold
In the last few days, Fed heads have made it very clear that they want to hike the Fed Funds Rate at the March FOMC meeting, which concludes on the 15th, despite recent… (Continue to full article)

Silver Once Again Gets Tossed in the Meat Grinder, Billions of Dollars Wiped Out
Just take a look at the above chart. I agree, it is a disgusting, nasty image and one that represents a wiping out of roughly $2 billion dollars of value in the silver markets. What caused it and why did it happen? Many are waking up today scratching their heads and asking themselves these very same questions, as they look at their portfolios and… (Continue to full article)

Chapter 3: Physical Silver – To Buy or Not?
Many believe gold is the only asset that isn’t someone else’s liability, but in our latest installation of the “Guide to Silver Investing,” David Morgan argues that not only does physical silver serve the same purpose, it is more liquid… (Continue to full article)

Why Gold?
The answer to the title question is simply: Why Not? A series of columns and commentary showing the history and importance of the ownership of ‘specie.’ History has proven that gold IS the answer. (Continue to full article)

Life, Liberty & All That Jazz is now heard at 5:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-855-289-7587
Email:
gold@kettlemorainepreciousmetals.com