[Most Recent Quotes from www.kitco.com]

Cashless Command and Control of Your Checkbook is Coming Sooner Than You Think

cashlessWe’ve all seen them – futuristic movies where the World, nay, the Galaxy, runs only on transfers of electronic currency. In the Marvel movie, Guardians of the Galaxy, the transfer of “Credits” was commonplace.

In the 1986 film, Star Trek IV, The Voyage Home – Captain Kirk, Spock and others, travel back in time to 20th century San Francisco. When confronted by the local hero in the movie about their lack of funds, she says, “I suppose you don’t use money in the future,” to which Kirk shrugs and says they do not.

For most, back in the `80s, not using cash was unthinkable. Now, a mere 30 years later, it is fast becoming reality. Continue reading

Posted in The Shaft, Why Gold? | Comments Off on Cashless Command and Control of Your Checkbook is Coming Sooner Than You Think

Inflation, tariffs, and the Federal Reserve

Federal-Deposit-Insurance-Corp-FDIC-LogoThe Federal Reserve has been attempting to push up inflation to a 2% annual rate.

With the promise of Trump’s initiative to maintain or even return manufacturing to the United States comes the promise of tariffs or value-added taxation on imports.

Some may flinch at the concept of tariffs or taxes on imports. Free trade is what a free-market capitalist should promote, right? But to be a free-market capitalist on tilted playing fields is inherently unfair, and also a perfect description of what has transpired for roughly two decades. Continue reading

Posted in The Shaft, Viewpoint | Comments Off on Inflation, tariffs, and the Federal Reserve

IRS to target taxpayers not on Obamacare

stooges4irsThe IRS is ready to send out millions of letters to taxpayers to let them know that if they don’t sign up for an Obamacare health insurance plan, they will have to pay the penalty.

Republicans in Congress are objecting to the plan because it threatens the privacy of individual taxpayers.

Washington Times:

“In keeping with our commitment to taxpayer confidentiality, we will send the letters directly to taxpayers; under no circumstances will we share the identities of these taxpayers or any other protected taxpayer information with CMS or with any other entity,” IRS Commissioner John G. Koskinen told Congress on Oct. 31, in documents obtained by The Washington Times. Continue reading

Posted in The Shaft | Comments Off on IRS to target taxpayers not on Obamacare

The Economic Decline: November 26-27, 2016


gold-and-silver.jpgSilver and Gold – We Can’t Understand It for Them
The majority understand the basic reasons why some portion of portfolio allocation is necessary or prudent, but very few have (or will) taken action. Experience with humans of all ages and from all walks of life has afforded me a healthy dose of humility. But I’m happy and proud to go as far as anyone would like about money, finance and especially silver… (Continue to full article)

Historically Bullish Precious Metal Fundamentals, Versus Historical Bearish Oil Fundamentals
Let’s face it, the post-Trump market manipulations have stair-stepped to a new level of ignominy, to the point that whatever hope of market “credibility” has been permanently destroyed. In other words, economic fundamentals has never been more detached from asset valuations… (Continue to full article)

Cash-machine-smallGovernments And Central Banks In Panic Mode-The War On Cash Has Begun!
The reasons to own Precious Metals, particularly in light of the violent post-election suppression operation that is starting to stretch an already tight physical market to its limits, have never been stronger… (Continue to full article)

“Double Up On Your Prepping,” They Can’t Hold Back Collapse Much Longer
Rawles explains how to avert the worst of the collapse by preparing now, and building a lifestyle that is resistant to market pressures and political events… (Continue to full article)

gold_33Waiting For the Bottom In Gold Is A Fool’s Errand! Dollar-Cost Average Instead
As the dust settles and Trump’s victory is being digested, a sense of “normalcy” is returning to markets. Gold and silver have given back gains, and US stock markets have moved into positive territory although bond yields remain elevated, perhaps indicating higher inflation and interest rates are on the horizon. Two steps forward, one step back… (Continue to full article)

dollar_down_de_drainIn the Next 5 Years Most People Will Lose 75-90% Of Their Wealth
…and some 100% but investors needn’t lose most of their money if they took a few measures to protect their fortune… (Continue to full article)

Inflation Climbs Again in October
The U.S. Bureau of Labor Statistics (BLS) released the monthly and annual inflation rate data for October 2016 on November 17th. The current annual inflation… (Continue to full article)

Got Gold-Nell_McAndrew_webInvesting in Gold
Due to their unique beauty and physical qualities, people have relied on precious metals as stores of value throughout history, so whenever crisis reared its ugly head people have sought the safe haven of gold and silver. However, throughout U.S. history gold and silver have had an inconsistent function as money… (Continue to full article)

piles_o_gold_02Why 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.’ (Continue to full article)

Paul Desmond, ‘Emily’

Saxophonist and composer Paul Desmond was born on November 25, 1924 in San Fransisco, California. Desmond, born Paul Breitenfeld, did not pick up the alto saxophone until he was a college freshman.

Desmond was a member of Brubeck’s group from 1951 to 1967, and composed “Take Five”,
the group’s biggest hit and an undeniable jazz classic.

Paul Desmond and John Lewis put a cool jazz spin on the pop song “Emily”.

Life, Liberty & All That Jazz may be heard at 1:00 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

Posted in Double Eagle Headlines | Comments Off on The Economic Decline: November 26-27, 2016

Federal Welfare Programs: Chump Change

welfare_grannyGranny is going to bankrupt the country, not the “under-62” welfare class.

This is a useful table: http://www.statisticbrain.com/welfare-statistics

Here, we learn that the total amount of welfare payments from the U.S. government, not counting food stamps and unemployment, is $158 billion. The total federal budget is $4 trillion.

Most welfare is not considered welfare: Social Security, Medicare, and Medicaid. They constitute about 50% of the U.S. government’s budget. But those who receive the welfare money insist: “It’s not welfare. I paid for this.” They did not pay a fraction of what they will receive. Continue reading

Posted in Viewpoint | Comments Off on Federal Welfare Programs: Chump Change

Gold – What is Next?

good Jesus goldGold has backed off since the election of Trump, but are the speculators getting ahead of themselves as to what the new administration can accomplish to encourage productivity and discourage the need for economic & monetary insurance? Obstacles include an enormous debt burden, the entitlement culture, the deep State and political obstruction.

Axel Merk identifies the uncertainties, and their relevance to the future price of gold.

It has been ten days since this column was originally posted – BUT – witness what the markets have done since then and READ the full column.

Posted in Viewpoint | Comments Off on Gold – What is Next?

My ‘vette

A guy looked at my Corvette the other day and said I wonder how many people could have been fed for the money that sports car cost.

vetteI replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur, at Caterpillar who make the trucks that haul the copper ore. Continue reading

Posted in Viewpoint | Comments Off on My ‘vette

The Economic Decline: November 25, 2016


A little perspective on the post-election gold market
Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index. The trading part of the software has been told to automatically place trades at certain correlated price levels and that is why we get these waterfall drops… (Continue to full article)

Enough Gold In India for a Gold Standard
Those interested in gold are always on the lookout for news regarding the amounts of gold held by Central Banks around the world. Abundant gold held by Central Banks is generally supposed to further the cause of a return to the gold standard, but strong Central Banks only represent a stronger hold of bankers upon the populations which they have been exploiting; the driving interest of the top bankers in the world is to retain their unwarranted privileges: the public interest is not a priority by any means… (Continue to full article)

How Trump Will Deal With the Bankers
People can’t even save money and receive interest on their money in the United States or in Japan. Savings rates are meaningless. People on the ground can’t account for what is actual inflation, because what they are getting paid for their money is nothing, but what they are paying for has risen… (Continue to full article)

Wash Post Doesn’t Like Medicare/Social Security
While the decision to not raise interest rates was incredibly important and meant jobs for millions of workers, and pay increases for tens of millions more, it was the result of confusion, not any deep understanding of the economy. But hey, the guy wants to cut Social Security and Medicare, so Robert Samuelson wants us to listen to him… (Continue to full article)

A Direct Comparison Between Gold, Silver, Platinum and Copper
Here’s an updated analysis of physical gold, silver, platinum and copper regarding their respective versatility of use, durability, fungibility, store of value, liquidity and aesthetics… (Continue to full article)

The Gold Bears Are in For a Massive Surprise
If you’re serious about making money from investing in the financial markets, you need to be able to read the crowd… and go against it. Let me give you an example… Currently one of the consensus views is that the Gold rally is over and gold is dead as an investment… (Continue to full article)

Election Not Over? Money Is Being Raised To Challenge The Election Results In Wisconsin, Michigan And Pennsylvania
Just when you thought it was safe to celebrate Trump’s victory, the left is hatching a plan to try to steal the election right from under his nose. A group composed of “prominent computer scientists” and “election lawyers” is urgently asking the Clinton campaign to challenge the election results in Wisconsin, Michigan and Pennsylvania. They claim that there is “persuasive evidence” that the election results in those states were “manipulated or hacked”… (Continue to full article)

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340

Posted in Double Eagle Headlines | Comments Off on The Economic Decline: November 25, 2016

Why Donald Trump Must Shut Down The Federal Reserve And Start Issuing Debt-Free Money

great-seal-on-the-dollar-public-domain-460x345If Donald Trump truly wants to fix the economy, he must shut down the Federal Reserve. If he just tries to patch up our current system, he will fail, because it has been fundamentally flawed from the very beginning. A little over a century ago, very powerful forces on Wall Street convinced Congress to completely restructure our financial system. An immensely powerful central bank known as the Federal Reserve was created, and the goal was to transform the U.S. dollar into a debt-based currency that would continuously be inflated and to create an endless debt spiral from which the federal government could never possibly escape. Sadly, they were successful on both counts. Since the creation of the Federal Reserve, the value of the U.S. dollar has declined by approximately 98 percent and our national debt has gotten more than 5000 times larger. Continue reading

Posted in Viewpoint | Comments Off on Why Donald Trump Must Shut Down The Federal Reserve And Start Issuing Debt-Free Money

“Jobs? We don’t want no stinking jobs!”


Posted in Viewpoint | Comments Off on “Jobs? We don’t want no stinking jobs!”

The Economic Decline: November 16, 2016


Middle Class Jammed By Fed’s Credit Bubbles
dollar_down_de_drainThe American middle class has suffered from painfully low wage growth since The Great Recession. In fact, 82% of Americans of suffering through the worst wage recovery since 1965. It was the first post-recession wage since 1965 without a single month above 2.7% YoY wage (or earnings) growth… (Continue to full article)

UBS Urges Ban On Large Denomination Notes
UBS is the latest to call for Australia to scrap large denomination bank notes, citing that it would help eliminate the black economy… (Continue to full article)

Copper’s Warning to Deflationists
copper_rnd_thumb‘Doc Copper’ is widely viewed as being able to predict upswings and slumps in the economy of manufacturing and real goods, so we should want to get this one in particular right. The post-election rally in Copper futures is on track for putting up one of the strongest months in the past decade. Buyers have retrenched somewhat in the last few days, but… (Continue to full article)

New Home Sales Slowing, Higher Rates Won’t Help
New home sales have rebounded nicely in 2016, but recent developments suggest the new home market could be looking at more softness ahead… (Continue to full article)

US Mint Stonewalling on the Fort Knox Audit
Auric Goldfinger contaminated the gold after all… (Continue to full article)

GoldfingerGold Signals That Trump Is No Different
The good news is that Hillary lost but the bad news is that Trump won. A massive take-down of the gold and silver markets was put into action shortly after it became obvious that Trump was going to take the election… (Continue to full article)

Silver Price and The Winds of Complacency
silver bullet_smlNot even a surprise Presidential election result could sever the bonds that have held prices in check for more than 5 years. From a mainstream media perspective, the financial system is a neat little house of cards… (Continue to full article)

Silver and the Train Wreck
Train-Wreck-300x300The U.S. National Debt is a “train-wreck.” The official debt is nearly $20 trillion and the unfunded liabilities are $100 – $200 trillion, depending on who is counting… (Continue to full article)

Gold: The Cost Of Production Is Near
Gold is no longer vulnerable. It has entered a nice buying area. The $1225 – $1200 price zone is both technically and fundamentally important. Here’s why… (Continue to full article)

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340

Posted in Double Eagle Headlines | Comments Off on The Economic Decline: November 16, 2016

Good To Me

“When is a crisis reached? When questions arise that cannot be answered. ~ Ryszard Kapuscinski

supermoon2And it is also when the excessive leverage of a financialized market begins to implode, as the holders of claims discover that they have been the unwitting victims of misrepresented counterparty risks .

I am upgrading my computer and I am going to have to spend a little time on that one, getting some software and applications that are misbehaving sorted out.

The US dollar was on another tear higher today, and so we saw some weakness in the precious metals.

The bonds, especially the longer dated ones, have been getting beaten up of late. No real surprise there as they were caught up in a mispricing of risk, or in plainer words a bubble, for quite some time, compliments of the Fed. Continue reading

Posted in Viewpoint | Comments Off on Good To Me

The Economic Decline: November 14, 2106


Bernie: Democrats Failed Working People
bernie_sanders_ben_garrison“It is an embarrassment, I think, to the entire of [the] Democratic Party that millions of white working-class people decided to vote for Mr. Trump, which suggests that the Democratic message of standing up for working people no longer holds much sway among workers in this country,”… (Continue to full article)

Copper calls Gold Bottom on Trumphoria Surge
copper_rnd_thumbThe reaction of the markets to the election was quite dramatic. Seemingly infused with the idea that Trump would live up to his election promises and make everything right with a sweep of his hands, the markets surged and the S&P500 index broke out upside from its bearish Dome pattern. Gold and PM sector investments were dumped in favor of the broad market. Copper rocketed higher at the prospect of the proposed massive infrastructure spending… (Continue to full article)

Dollar strength will continue as Trump policies fuel US inflation
Expectations of higher inflation would in turn boost expectations that interest rates would climb, which would likely attract inflows into the U.S. dollar… (Continue to full article)

How to Avoid Buyer’s Remorse With Your Mortgage
Detroit_houseMore than 25 percent of first-time homebuyers are unhappy with the lender that they chose to help them secure financing for their house, according to a new report from J.D. Power . Among all… (Continue to full article)

Regardless Of Price, Gold Demand Increases On Rising Market Uncertainty
Buy it and hold it, for the future is unknown… (Continue to full article)

Leaving the military? Here’s a financial checklist for returning to civilian life
Soon-to-be veterans must get their finances in order before leaving the military… (Continue to full article)

Waiting For the Bottom In Gold Is A Fool’s Errand! Dollar-Cost Average Instead
man_with_the_golden_armWhen it comes to precious metals investing, waiting for the bottom is a fool’s errand. We never know how long a price drop will last, or how deep it will go. All signs point to a coming bull market for gold. If you keep watching precious metals prices and waiting to move on investing, you risk being shut out of the market altogether. Stop waiting to get into the precious metals market! Dollar-cost average instead… (Continue to full article)

America Will Live, Financial Markets Will Die!
Trump not only won, but did so in a landslide! Sure, America’s deadly demographics – featuring an explosion of welfare-seeking immigrants; plus tens of millions of disenfranchised “locals” desperately seeking the same, made the result closer than the underlying sentiment of hatred for the establishment, and a desire for change. However, in winning essentially all “swing states,” despite massive election fraud, the soon-to-be-final Electoral College tally of 309-218 is as close to a landslide as you’ll get. In other words, for the second time this year, a major Western power elected to withdraw from tyranny, in favor of the unknown… (Continue to full article)

Kennedy, the Federal Reserve and Executive Order 11110
kennedy_cvr_webOn June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy’s order gave the Treasury the power “to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.” Five and a half months later – he was DEAD… (Continue to full article)

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340

Posted in Double Eagle Headlines | Comments Off on The Economic Decline: November 14, 2106

Trump family lead the transition

Ivanka, Jared Kushner, Eric and Don Jr are on the team as Mike Pence takes over and Chris Christie is pushed aside. Read Complete Report


Posted in Double Eagle Headlines | Comments Off on Trump family lead the transition

Obama Administration Gives Up on Pacific Trade Deal

The Obama administration has given up all hope of enacting its sweeping Pacific trade agreement, a pact designed to preserve U.S. economic influence in fast-growing Asia that was buried by a wave of antitrade political sentiment that culminated with Tuesday’s presidential election.

Just days after Donald Trump’s surprise victory, U.S. officials said Republican congressional leaders had made clear that they wouldn’t consider the 12-nation Trans-Pacific Partnership in the remainder of Mr. Obama’s term. The White House had lobbied hard for months in the hope of moving forward on the pact if the Democratic nominee, Hillary Clinton, had won.

The failure to pass what is by far the biggest trade agreement in more than a decade is a bitter defeat for Mr. Obama, whose belated but fervent support for freer trade divided his party and complicated the campaign of Mrs. Clinton. ~ Wall Street Journal, November 11, 2016

Posted in Double Eagle Headlines | Comments Off on Obama Administration Gives Up on Pacific Trade Deal