This week the International Monetary Fund shocked some economic analysts with an announcement that America was “no longer first in the world” as a major economic growth engine. This stinging assertion falls exactly in line with the narrative out of the latest G20 summit; that the U.S. is fading away leaving the door open for countries like Germany and China to join forces and fill the power void. I wrote about this rising relationship between these two nations as well as the ongoing controlled demolition of America’s economy in my article ‘The New World Order Will Begin With Germany And China‘. Continue reading
Since I have never been a user of ATM’s, debit cards, on-line banking, and minimal use of a credit card I can’t imagine being told that my credit card or ATM account is denied. I’ve been with folks who have had that happen – they go to pay with their card and are told it has been denied.
Whatcha gonna do when you think you have a certain amount of ‘digits’ in your *account* but are told that it is EMPTY. I am not sure what I will do when they stop letting me use those FAUX dollars I call cash. That time is coming closer each day – I’ve read of many businesses that now will not accept CASH. ~ Jackie Juntti
The Future of Money
Not since the arrival of the almighty dollar has currency been poised for a more dramatic leap forward.
There was a time when people happily used chickens, pigs, or a nice pile of lumber as payment for a cow, some clothes, or anything else of value. And then some smart people got behind a breakthrough—they introduced currency.
I’ve talked to a lot of people about why it’s important to own gold and silver, yet I find that most people don’t fully grasp why. Many of the opponents to owning precious metals for preparedness reasons often cite that because they can’t eat it, it’s worthless as a prep.
First, let me just get it out there that I don’t advocate buying precious metals if you aren’t prepared in the other areas, namely food, water, cooking, shelter, defense and so on. Gold and silver aren’t going to do much for you if you’re not prepared to meet the basic needs of your family during a disaster or crisis event. Continue reading
“Rejoice in the Lord, always. I will say it again: rejoice! Let your gentleness be evident to all. The Lord is near. Do not be anxious about anything, but in every situation, by prayer and petition, with thanksgiving, give your concerns to God. And the peace of the Lord, which surpasses all understanding, will guard your hearts and your minds. in Christ Jesus.” ~ Phil 4:4-7
I do believe that the queen and I are in the endgame now. She requires constant watching and care, and I rarely leave her side. I have been dealing with the short term emergencies and gathering the facts and resources together for next steps, as the situation calls out in its own good time. As anyone who has been involved in this sort of thing knows, it can drag on for much longer than one might expect — in the manner of the Fed’s serial asset bubbles achieved through top down stimulus.
There is a kind of a peacefulness amidst all this turmoil that at times seems almost beautiful. And, even when things get very bad, there are God’s tender mercies, if we can but keep our hearts and eyes open for them. (Read complete column at Dr. Kelley’s Victory Over Cancer)
Party on Dudes and Dudettes
Last week the festival of all festivals began, Glastonbury 2017. Ed Sheeran, Foo Fighters and Barry Gibb will each be singing to the 250,000 revellers who are currently on their way to Somerset. To those unfamiliar with Glastonbury it is a glorious few days in the countryside with camping and music. Every year there is far too much mud, lots of tears, alcohol, dodgy substances, hippies and great bands. Not to mention the fancy dress outfits and the toilets with questionable sanitary conditions. It is brilliant fun which everyone should try at least once. Continue reading
Global Civil Unrest? War? We Won’t Have To Guess Much Longer…
“Never let a crisis go to waste.” ~ Rahm Emmanuel
The algorithm is simple: Governments coerce their pet monkeys to pay taxes into the system – the self-perpetuating machine – and thereby the monkeys become the very sources of funding to build, equip, staff, and enforce their own incarceration.
There are too many individuals with dreams, plans, goals, and ambitions for themselves and their families. There is too much individualism. It eventually must be crushed, in order to maintain the existing social, political, religious, and economic order. The order will eventually blend all of the elements and “homogenize” them to assure mutual self-support for the overall goal: the supremacy of the State and the subjugation of the masses. Continue reading
A record 236 million people collecting some form of assistance from the Government
As the United States is still slowly recovering from the Great Recession, more Americans must rely on our nation’s safety net programs for their survival. As reported by Scholars Strategy Network, about one in four Americans live below or just above the federal poverty line. Continue reading
The following is not simply a list of negative risks to the economy but a list of of serious economic conditions that are already placing drought-like pressures on the overall economy. This list doesn’t include the long-term structural problems with the economy, such as its high debt burden, but just the forces that have risen against it this year. Continue reading
The Number Of Self-Employed Americans Is Lower Than It Was In 1990
After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House? Once upon a time, America was the best place in the world for those that wanted to work for themselves. Our free market capitalist system created an environment in which entrepreneurs and small businesses greatly thrived, but today they are being absolutely eviscerated by the control freak bureaucrats that dominate our political system. Year after year, leftist politicians just keep piling on more rules, more regulations, more red tape and more taxes. As a result, the number of self-employed Americans is now lower than it was in 1990… Continue reading
Since the 2011 tops, precious metals investors have had their patience severely tested. Six years later, silver is down 66% from the $50 peak and gold 35% off the $1,920 peak. We mustn’t forget off course that these metals started this century at $280 and $5 respectively. But that is no consolation for the investors who got in near the highs. The best time to buy an asset is when it is unloved and undervalued like gold and silver were in the early 2000s. What few investors realize is that the current levels of gold and silver, when real inflation is taken into account, are very similar to where the metals were in 2000-2. Thus gold at $1,265 and silver at $17 is an absolute bargain and unlikely to remain at these levels for long. Continue reading
As usual the price of gold went opposite as one would think recently. With the so called recent “strained” relations between Russia and the USA one would think the price of gold would have soared. Instead that price has remained around $1295.
My best guess on this is that the USA wants to make sure it placates China. It has been doing so by making sure the price of gold stayed down so the Chinese could fill their gold coffers with their trillions in stored United States Dollars (USD). Continue reading
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the geopolitics and economics behind America’s war strategy from China’s perspective, concluding that it is entering its final phase. China’s exit plan appears to be to tie the pricing of energy and then other major commodities to gold, returning to the pre-1971 status quo, when the dollar was just a settlement link between commodity prices and gold. Except this time, the dollar itself will be side-lined, so far as China is concerned, which will use the yuan instead for its empire, which will be far larger than that of the US in time, measured by GDP. Continue reading
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
“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
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