FINANCE GOLD & SILVER BLOG

👉How to Invest in Silver with Silver Expert John Lee The Silver Elephant !!

lynda.com@gmail.com (Politico Cafe) — Fri, 19 Mar 2021 07:37:00 -0700

👉How to Invest in Silver with Silver Expert John Lee The Silver Elephant !! 👉How to Invest in Silver with Silver Expert John Lee The Silver Elephant !! John Lee is an entrepreneur with degrees in economics and engineering from Rice University. Under John’s leadership, Silver Elephant (TSX: ELEF, OTC: SILEF, www.silverelef.com) raised over $100 million and acquired substantial silver mining projects in Bolivia John Lee is a portfolio manager at Mau Capital Management. He is a CFA charter holder and has degrees in Economics and Engineering from Rice University. He previously studied under Mr. James Turk, a renowned authority on the gold market, and is specialized in investing in junior gold and resource companies. Mr. Lee's articles are frequently cited at major resource websites and an esteemed speaker at several major resource conferences.

👉Top 11 Reasons The Short Silver Squeeze Is Very Possible

lynda.com@gmail.com (Politico Cafe) — Sat, 30 Jan 2021 18:53:00 -0800

👉Top 11 Reasons The Short Silver Squeeze Is Very Possible Is a WallStreetBets Silver Squeeze Possible? Top 11 Reasons The Short Silver Squeeze Is Very Possible The GameStop, and the Silver squeeze is a paradigm shift that has rattled Wall Street to its very core. Millions and millions of small investors attacking stock after stock, breaking every greedy hedge fund there is! I'm certain this is Wall Streets' worst fear right now! There's just no way to stop the millions of ants devouring everything that gets in their way! Just imagine millions of pissed of people SHORTING Facebook, Amazon, Twitter, and other politically activist tech companies. The Reddit WALLSTREETBETS triggered a run on silver, investors bought 28.3% of last year's ETF total in 1 day. The math works out, but I doubt the general public would even bother. 10% (or less) of the American population even know what silver or gold even look like.Most people don't have any money in the banks anyways. It would only take a very small percentage to remove funds, buy physical Precious Metals and start the dominoes toppling. In an infinite Ponzi Scheme, until physical supply gets squeezed, no paper short squeeze can happen. Millions and millions of amateur traders are sticking it to the man as a thank you for 2008. Meanwhile, the Market manipulators are the ones calling it market manipulation. Is that Not Ironic! When Wall Street wins, no problem. When Wall Street loses, suddenly we need more regulation. Only because they have lost control to manipulate!! Rules for thee; not for me. When a big firm blows out, there should be NO BAILOUT. If the Millenials can squeeze silver, it's the end of fake Fiat currency. Those crooks changed our real money in 1971 to this fake fiat currency. We the people, are waking up to the corruption in a system that is tainted, broken, and controlled by unethical people. If we all bought physical gold and silver and demanded delivery on the paper contracts we could bring this great Ponzi experiment called the markets to their knees. There is so much fake paper they couldn’t even cover 10% of it. It would ruin them all. Wait until we all buy physical silver. Let the games start. Silver bullet into the heart of the banksters. WE THE PEOPLE. On the first day since the Reddit WallstreetBets group started targeting the short position in the silver market, the amount of metal added to SLV was 14.7% of the entire investment supply from last year! It’s a stunning development, as at that rate, these investors would take the entire amount of silver that went to investment last year, in just 7 trading days! SLV added 37 million ounces on Friday (according to their data) ! With short squeezes going on in the stock market, that have now spread to the silver market, the first reports are in. And the SLV trust is reporting that 37 million ounces were added in just one single day on Friday! ! Keep in mind that there are other silver trusts that likely added metal as well, and it seems like the Reddit WallStreetBets crowd certainly made an impact yesterday! A short squeeze on SILVER would be a serious situation. It will for sure expose the Manipulation of Precious Metals. It will bring SILVER to its true value of around $6500 an ounce, being that Silvers market cap is about 1.4 trillion dollars and about so many billions in ETF, Paper, derivates (something like that, whatever it is i could be wrong on this maybe its way more ). If people bought anything silver from physical, to paper, derivatives, ETF and silver mining stocks it would literally bankrupt not just the American economy, but the global economy. All central banks in the world including The IMF would go bust. They would have no choice but to RESET the economy(maybe this is what they want, But thats another story) . Imagine if people that owned those ETF or Paper and derivatives, and saw the price rising exponentially and wanted to cash in on them or wanted their physical silver in exchange. The banks would not have enough physical silver to cover that they would go bust. Once you Short Squeeze Silver, what is next in Line? GOLD with a market cap of 10 trillion would expose the true value of GOLD which probably sits around $30000 to 40000 an ounce. First we have to get through Silver to do this. Think about it, Bitcoin has a market cap of what 6-700 billion and it sits at $33000. Wait till BTC goes into the trillions with the amount of monetary energy it can and will store. If you can, your best bet is to take all your savings out of your Bank accounts and start of with buying physical SILVER in your hands. (if you want to short squeeze this) Taking your money out of your bank alone will cause banks to suffer greatly. Your money will be lost sitting in the banks. We are living in the Age of Aquarius, the Age of Truth. Age of tech/digital/communication. The liars and cheats will be exposed. It is written in the stars. AS ABOVE SO BELOW. Hold on to your hats this February. Just remember if this is to be done and people may make tons of Money just be sure to share with the less fortunate who weren't able to do this because they lost everything during these times. We the people. It is time to have each others backs. Be well and happy everybody. Buy Physical SILVER not PSLV. Buy the physical not paper ETFs. That is how we break the shorts! We the people worldwide! Everyone get on board!! Silver can destroy the Babylon system. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Silver is the Epitome of Wall Street manipulation and Its Achilles' heel .Top 11 reasons why the short silver squeeze is very possible: #1. Naturally occuring, available quantity of gold/silver has a ratio of 1:8, yet the price ratio is 1:70! This ratio could drop massively, increasing the silver price. That's not all: Remember, silver is significantly lighter than Au, so most of the historic silver mines were nearer the surface of the earth - most of those have been depleted and today over 2/3 of silver is mined as a by-product above-groundes. The actual above ground number of ounces of silver is LESS than Gold! That is because over 40% of the annual mining production of Silver is consumed (non-recoverable). The above ground inventory is so tight that a small group of autists and retards could theoretically wipe out most dealers' inventory in 30 minutes, using pocket change. This pushes the dealer to pressure the spot price. #2. Green & other future technologies will require a lot of silver for efficiency purposes since it’s the absolute best element to conduct electricity and has other unique properties that no other element can substitute. Many central banks (ECB & FED) have talked about “green QE” = buying corporate stocks that produce green energy technology = Central bank indirectly funds the future silver short squeeze! #3. Silver is still 50% down from its all time high ten years ago! The quantity of silver mined has been far lower (end even decreasing) than the increase in inflation, and silver is a good hedge against BOTH inflation AND deflation, historically speaking. If accounted for monetary inflation, the natural equilibrium price should be around 1000$, but this can be pushed higher due to the massive short interest of the bullion banks. They already made loss from their silver shorts in 2020, but that was a fraction of the short interest they still have. #4. Historic justice. The silver price has been artificially kept down for nearly 100 years. First by the US government from 1935-1970 because it was too effective as a hedge against inflation. Afterward, and this was confirmed by WikiLeaks, the US & London bankers took over this role by pushing the creation of the precious metals section at the COMEX so that banks could artificially keep the price down. You see, they let the COMEX or LBMA sell futures contracts and options, and each time many contracts are near expiry and ITM (profitable), they pull a massive naked short. This has been going on for 50 years. But unlike the Gamestop stock, it IS FUNDAMENTALLY UNDERVALUED. #5. The precedent. The silver squeeze has happened before - when it went from 6$ to 50$ from 1979-1980 - due to the Hunt brothers hoarding the physical and buying more via futures that were supposed to be delivered. But before this delivery, the COMEX changed the rules and demanded futures had to be backed by margin, which is why the brothers got an engineered margin call. This caused the markets to panic-sell their silver, which ended the squeeze. If two brothers can realize the silver squeeze, many retarded brothers can do the same. Important to note here: the Hunts probably achieved their play because they uno-carded the big bullion banks. #6. The retarded game of musical chairs. They have so much short interest and vastly overstated stored silver reserves (due to double counting & other deceptive accountancy practices), that there's an ENORMOUS divergence between silver traded on paper and actual, physical silver: around 200 to 400 times more paper silver than physical. Gamestop is nothing compared to this. If every autistic retard here demands physical delivery or, even if staying stored in a vault, demands that their silver may not be lent out, the short squeeze of short squeezes could easily be realized. #7. What if there’s not enough Silver? If they can’t hand over the physical silver, they will legally still be obligated to pay the price of that silver at the moment you exercised your ITM option/contract! But it gets better! If they indeed fail to deliver physical, they have to pay you the gains you made + a premium (extra money), to sort of buy you out of demanding the actual silver. If enough people would use their collective retardedness to decline this premium, the premium would only go up, as would the silver price! And since the counterparty of these options and contracts mostly are big investment banks, they absolutely have the money to pay for this. Seems like a way more effective wealth transfer than stimmy. #8. Backwardation (retardation) & Shadow contracts. Backwardation is the divergence between the spot price (= buy directly at this moment) and the futures price. More specifically, it means that the current price of spot is higher than the futures price. This is unnatural and certainly in the present macro-economic environment since it implies that financial actors expect that the price will drop. So why did we experience a lot of backwardation last year, during a bull run? Simple: there was such a strong demand that it was easier for providers to deliver later since they didn't have enough physical in inventory. More backwardation = more signs that there is a lack of physical inventory. In fact, there were many signs that the backwardation and actual demand that was physically delivered was suppressed with the use of "shadow contracts". These contracts are deliveries of physical that they try to hide with big boy accountancy tactics. Increase in backwardation and shadow contract = squeeze squeezing squeezier till it will be squeezed. #9. They Can't issue more silver - unlike the fact you can issue more stocks or fiat! Furthermore, silver is an extremely safe store of value - as electronic means of payment, all depend on electricity, and electricity depends on silver. When silver shoots to the moon, authoritarian countries, especially The US will scramble to get a strategic supply and thus feed us many tendies. Also, it is an amazing hedge against the unavoidable future inflation, which is necessary to monetize our global debt. Physical ownership also deters paper hands. Lastly, it takes YEARS to properly set a new mine. Today, there's also a growing risk The US will nationalize their mines, further constricting supply. #10. Alpha JP Morgan has our backs! JPM, due to its actions, is probably on a tight rope above a valley of aggressive criminal lawsuits - for at least the coming few years. It has therefore ended most silver shorts and now mostly holds physical silver. They know they can't short much anymore because the schmuckery needed to manipulate such fundamentals would be gravely persecuted. This is great. The shorts have been taken over by smaller, Melvin-like institutions. These already showed they are way worse at manipulating. Eventually, JPM will ride the wave with the plebs, since the worth of their own physical would then grow multiples! Retards will ride the alpha to screw the beta . #11. Technical case. If the above wasn't enough, there's also a very strong technical case to be made, my fellow technicals-loving-autists. The bull run is written in the stars, as technical patterns and indicators predicted it long before WallstreetBets & larger retail knew about it. Buy 100% physical-backed futures/options or just pure physical silver = a) SLV calls - b) PSLV, c) silver & d) Miners (which are less efficient, since miner stocks follow the spot price.) And e) Delivery from warehouses for rich autists that can take them without margin. DON'T BUY CDF's or FOREX Silver or unbacked futures/option - they're NOT backed and could prove worthless + they facilitate naked short manipulation !! Signs are the paper Ponzi is already imploding. As of today, the spot price of silver already rose from $24,8 on 28/01 to 27,6$ on 29/01. And this is just the beginning. Give me Silver or give me death! Squeeze the Silver manipulators & cut-off the head of the vampire squid. Crash JP Morgan!! Let’s squeeze the silver shorts! They have DECLARED WAR on We the people! BUCKLE UP; it’s gonna be a bumpy ride. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

👉Bitcoin Hits a New All Time High of $23K -- Should You Buy ?

lynda.com@gmail.com (Politico Cafe) — Thu, 17 Dec 2020 15:19:00 -0800

👉Bitcoin Hits a New All Time High of $23K -- Should You Buy ? The stock market is a superbubble, the bond market is a mega bubble; investing in them is like whistling past the graveyard. Despite all the economic crisis, this is still a good time to invest in Gold and Cryptocurrency. Bitcoin continues soaring. It just surpassed it's 2017 $20,000 high! A $3k Move in 24 hours!!! It's big cause we broke All-Time High; we don't have resistance points anymore. Not to mention the news starts picking up and shilling All-Time High broken, tons of new money enters the market as a result. Altcoins are next to explode in a parabolic fashion, unlike we've never seen before. 100 times gains will seem small in this bull market, and with the right investment in the right altcoins, anyone can become a millionaire. Bitcoin, which has rallied over 150% this year, has greatly outpaced other assets, including the Dow and gold. The Grayscale Bitcoin Trust has seen inflows of almost $2 billion since October, compared with outflows of $7 billion for exchange-traded funds backed by gold, according to JPMorgan. Ethereum rose 300%. Speculation sucks. Speculation is people believing that the asset is worth something and will be worth something in the future. So for the price, public sentiment is a very strong factor. Moving forward into the year, expectations for positive developments are largely being made by the experts. My only advice for investors and newbies is to take advantage of this rally. Speculators own Bitcoin only to take advantage of the speculative aspect. They are addicted to making money off of the greater fool, and they know that Bitcoin is the most volatile asset at this time, nothing else. Speculation sucks. Nobody knows what is going to happen in a few months from now. For example, my opinion is that big banks will buy the supply then sell it with crazy premiums. Investing in Bitcoin is more lucrative and a big chance to make money nowadays. People will be kicking themselves in a few weeks if they miss the opportunity to buy and invest in bitcoin. But there is a risk in everything. So be prepared for the up and downs. By being modest in your spending, you can ensure you will have enough for retirement and give back to the community as well. Diversification is relevant, and once you have confidence in your investment, you can adjust your Portfolio accordingly and make bigger bets. Just do the necessary research, study, and analyze before making any investment decisions. Anyone can get a bit of Bitcoin with as little as ten bucks. The best way the make money in bitcoin is not storing; you Trade it in the forex market, if you're a beginner and you don't know how to do it. Investing in different streams of income than don't depend on the government to bring in money, especially now the pandemic is hitting the economy hard, will be the wisest decision anyone can make. The rich stay rich by spending like the poor and investing without stopping, then the poor stay poor by spending like the rich yet not investing like the rich. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Bitcoin wobbled into the start of this week’s trading session, moving between losses and gains on its neutral weekly outlook, which makes it a tough decision for investors to decide how best to utilize the current market; as for me, it can’t be more obvious that trading Bitcoin is way more lucrative than just holding and waiting for the price of Bitcoin to skyrocket. Crypto investment requires good experience and knowledge to carry out a good and successful trade. Crypto investing is tough, quite alright, but not as difficult as it may seem if you follow the basic rules and don't love or get emotional with your coins. It is volatile and scary at times as things can fly up and down at extreme rates. If you are not careful, then you risk massive losses. To ensure continuous profitability, make sure you learn, be careful, and do not listen to stupid things most Crypto traders say on youtube and other forums as they are lots of speculators in the market who tell you xrp is going to the moon or Bitcoin is at its dip, and a reversal is sure, and you even lose more money holding on to coins because they said so. You have to be careful though and be exceptionally good in your task, reading the news, and understanding the trend correctly. I would also like to stress is that if you aren't 100% sound in these, you should make contact with someone with good experience and trade history to help you through. If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your online bank account or digital wallet you are used to. In an abstract sense, cryptocurrencies represent financial evolution, which manifests itself in unique and tangible ways compared to fiat money. But bitcoin has way more benefits than these. The greatest benefits come when you turn bitcoin into a business or source of income. Bitcoin is somehow digital Gold. Bitcoin can be transported instantly with the click of a button, unlike gold, which has to be transported by a vehicle or person. Bitcoins are impossible to counterfeit as they are digital and can't be tampered with .Speculation sucks. Bitcoin has a limited supply of 21 million coins. No one knows how much gold exists. It is a great investment unless the central banks get desperate and make it a felony to own bitcoin. When the US brings out its cashless version of Bitcoin, Bitcoin could be over. They can steal your Bitcoin. The Government will not allow Bitcoin to compete with their version. They will ban the use of Bitcoin. No company will be allowed to accept Bitcoin as payment. Gold and Silver bullion will be confiscated by Governments too. The New dollar will not have any competition. Bank on it. They will go negative interest rates, which requires no other options to put your money. The issue I have with gold is that it takes a monumental amount of stimulus to move its price. How much more money printing do we need for it to move past $1900 - it’s 2011 high? Was the $3 trillion in 2008-2011 and $4 Trillion this year not enough? Now it’s waiting for the $900 billion additional stimulus. What will that do to it? Take it to $2100? Say it goes to $3000 in a few years; that’s a pretty poor CAGR for those who invested in 2011. The issue is not about bitcoin vs. gold. To be honest, Bitcoin doesn’t care about gold. It’s that bitcoin has a huge upside since it has a minute market cap compared to other assets. In addition, unlike gold, its supply decreases over time, even when prices increase. It doesn’t care about price, the state of the economy, etc. It’s programmed to restrict supply over time. Imagine that there is probably only 16 million (out of 18 million mined) in existence for a population of nearly 8 billion people. Mona Lisa? A trillion into bitcoin quadruples its price, while for gold, it'll barely move it, especially with the manipulation. But the main altcoins trying to replace the swift system like xrp might do disgusting gag 10-100x gains, then you can just buy way more gold and silver with it the next few years. I personally hold bitcoin STRICTLY as an investment. I do believe that bitcoin is a "deep-state" construct to lure the sheeple into a 100% monitored financial system. (And maybe to debase gold) I believe that the idea of the blockchain being totally "anonymous" is a complete myth given the pretext of its system. Trading right now will be on the of every wise individual’s list. In 2 years, you’ll be ecstatic with the decision you made today. Having money invested in Cryptocurrency is probably one of the most financially wise decision or the worst decision anyone could make because, in a few years, one would be ecstatic with the decision they've made today. Or you could have lost everything you invested if bitcoin is outlawed. Money to me represents human labor and time, which is why the printing press is considered a thief who is robbing you of your earnings. Gold equals 5000years of human labor and time collecting. Bitcoin equals 10years of computer labor with near-zero human labor and time. But the Elites don't want us to have any gold & silver because they know real wealth. Bitcoin will fail when the central banks want it to collapse - it's called futures. Silver price rigged. Gold price rigged. Bitcoin market rigged. The fact that it is manipulated is very risky. It will take one successful attack to decipher one bitcoin account to make bitcoin worth zero. Just wait a couple of years for a Chinese quantum computer to do it in a week .How people keep going on the bitcoin hype, valuing something that is known to have its days counted, with no entity overseeing it, there is no higher encryption conversion possible. Dumbness all over the world ultimately finished underwater or air Asphyxia. In a world of NSA slash, CIA hacking gone mad, run as these criminal enterprises are by thugs and sociopaths, how the hell can an unknown App like Blipcoin suddenly be wealthy and how in God's name can gold be purged from human DNA after 5000 years functioning as real money simply because the shamanic Satanic banksters in the West and the Politburo in Natostan ghetto Brussels no longer have any. Bitcoin is a huge con; it is there to lure loads of money into it and then will crash massively, wiping out ALL your wealth in seconds. Gold does not work that way. Gold will then shoot through the roof. What fool puts their money into NOTHING. There's no telling where bitcoin will be in 10 years. Gold having been money for 5000 years, it will probably still be around, but for now, if you want to get wealthy from the demise of our nation and the crashing of our dollar, buy low, sell high! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Dow Jones over 30K, During The Worst Economic Meltdown !!

lynda.com@gmail.com (Politico Cafe) — Wed, 25 Nov 2020 08:59:00 -0800

👉Dow Jones over 30K, During The Worst Economic Meltdown !! The Dow above 30k for The first time in History as Millions of Americans go hungry. In the midst of the worst economic downturn since the Great Depression of the 1930s, the stock market has been soaring to heights that we have never seen before. The Dow is at 30,000, while 51 million Americans are unemployed. You are all in for the shock of your life. The Fed printed $9 trillion and counting in one year. Combined with unprecedented unemployment and virtually no growth prospects. The US is dead in the water, and the masses just haven't realized it yet. The stock market at all-time highs, and more than 70 million Americans have filed new claims for unemployment this year. 30,000 DOW - Tell me again slowly, why the Foreign-Owned Fed needs continue to print $80B+ every month to intentionally continue destroying our buying power for this fugging fraud of a market. The dollar is being systematically destroyed. Inflation will crush the working families. The same influx of new money pumping stocks now will be the cause. The stock market goes up because the value of the dollars it is priced in goes down. These dollars buy less, and you will be taxed on that as a gain in addition to being taxed on it already via inflation big time. Yep, the best performing stock market was Venezuela last year. This is Dot-com version 2.0 .Never thought I'd see that level of insanity again in my lifetime; yet, here we are. But hey, according to those salespeople on Wall St, the market is forward-looking, so come on in, the water is warm. Come on Bulls, we can do it. We're only ~29% above the 20-yr historical S&P PE average. The Schiller PE currently stands at 33, so only 4.3 points to go, and we can match the Dec 2000 mark of 37.3. We've already well surpassed the previous market Cap to GDP record of 142.9 from Mar 2000, and setting new records every day now at 178% Total Market Cap to GDP. And don't worry, we have another Fed-puppet who will keep QE rolling along and a vaccine on the horizon that has never been priced in yet - just look at our ridiculous price targets. The markets understand that there is a lot more QE in the pipeline and way more in the way of stimulus checks from the new Federal Government. When fiat money is confronted by pending, and continuing debasement, real and financial assets go up. Financial assets being a proxy for real business assets. And now, even some moribund stocks are partaking of this mini-boom. Check the history for what happens to stocks during episodes of central banks going wild with credit money creation. For example, the first modern central banker Scotsman John Law in Paris France, in 1720, created a huge boom by jamming more credit into that financial system. Of course, the bust occurred when the credit issuance stopped. Same thing in Weimar Germany in 1922-23 or more recently in Zimbabwe. What’s driving the market? THE FED. Period. It is the only reason the bubble and all its insanity keeps going. It's a big fat ugly bubble. The party will be over when the big government stops printing big debt. The Fed has always been about protecting the 1%. The QE comes from somewhere, and it mostly comes from the group that already has less. How much longer can you squeeze them until they are going medieval? We will see it because the central banks won't end the madness until the day when they will be receiving incoming forks. The Dow Jones is more of a measure of the number of people in line at the local food bank than any economic factor. This is the biggest F YOU to Americans I could possibly think of. Celebrating Dow 30,000 is celebrating the destruction of free markets, the economy, and the lower classes. They are bankrupting anyone and everything to feed the casino class with Ponzi returns day after day. The casino class celebrates Dow 30,000 like they actually did something of value when in reality, all they did was gorge on central bank welfare. If only these parasites could pull their heads out of Powell's behind and think for a second about how they are enabling and encouraging the raping of this country. Enjoy your sick deranged Ponzi death cult while it lasts because a French-style revolution is coming for all the casino class parasites. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me about where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, and Rounds. I highly recommend that you too, start stacking some Silver Bullion for the future. We're at or extremely near the top here. Trump clearly demanded Dow 30K on his watch, but he's ready to pull the trapdoor the closer we get to the inauguration. It's a psychological watermark so that when the market absolutely tanks over the next four years, he can remind people about how good it was on his watch. No question he or Don Jr. will be running in 2024 on this. Ironically , this is a mirror image of the Tehran stock bubble earlier this year. The pandemic and sanctions were crippling the economy, but speculators were making money hand over fist on the stock market, and many quit their jobs to do day trading. It peaked in August and is now down about 50%. What do they call that? Climbing the wall of worry? Or is it irrational exuberance? Maybe both. The economy boomed during the roaring 1920s because the government slashed spending in response to the sharp economic contraction in 1920 that followed the end of WWI in 1918 and the pandemic of 1919. Since this time, government spending surged, the economy will go bust instead. Wonder if the Elites know that Great Reset could also be them being removed from mischief.....permanently. Everyone will be equally poor. That's the globalist agenda. This is what happened during the German Weimer Republic. It is well documented by the satirical genius of George Grosz. He portrayed the rich industrialists and banksters of that time, fat on their obscene wealth while children begin to starve, are used as whores, etc. When banks cut interest to zero, everyone ran into stocks, as if they’re immune from Rona. Pump and free Schitt stuff only work within a limited window. The wrath of God is approaching; heed thy warning. Effectively Zero interest rates . There is no incentive to keep excess reserves, BUT the money velocity for the various measures of how much money there is in the systems tanked with the lockdowns. If we open that economy back up, all of that newly printed money is going to get amplified via fractional reserve lending, and BOOM! No smoking gun there, but the motive. The lockdowns may not be about what you think they are. What moron actually believes that rates can rise in 2024? By that time, the debt will be well past $30 trillion. It will just be a matter of months before the wheels start coming off. The Fed has now effectively hijacked the Treasury with now two Feds at the helm and no one independent of it. They have now rolled out two fire hoses to put out the fires. Only one big problem. Both only squirt gasoline. We are going to start moving double speed down the drain now. Get your house in order because one day it works, and then by the time you notice it, it doesn't. Demolition goes fast. It's the rebuilding of a smoking crater that takes decades, if ever. Money in circulation goes to very very few people who hoard it. The ultra-rich got even richer through the PPP loan programs. Even if the market tanks, they just Brrrrrrrrrrrr. And inflate another bubble. No price discovery or market valuations ;they just pump it up. So 35k then 40k and more. The question is not if the stock market and housing will go up but if low income can afford a burger next year. What happens when people start starving which is guaranteed if they continue on this path! I expect riots before then. The little people can only take so much abuse until they snap. There is more to it. The elite are engineering the dollar crash. The more money the Fed prints to help Wall Street will cause the value of the dollar to collapse. It is coming. The Rich got Richer! Historic Wall Street Bonuses this Christmas! During this pandemic, the Bankers and the top 10% got richer than ever before. And yes, the Rich Bankers have always been in control since the history of mankind. All Presidents, Prime Ministers, Kings, Queens, have always been puppets for the rich bankers. After the inauguration, and it doesn't matter who gets in, the markets will crash big time, and most of the middle class will be destroyed all by design. Do not sell your gold or silver stocks cause you ain't seen nothing yet. If people are still in stocks, especially with their 4O1k's, better transfer it out before their great reset; it's coming! How can there be short squeezes day after day after day ??? Every last one of the shorts should be squeezed to dust by now !!! The coming crash will be epic. The stock market hit 30000 but what is the celebration about? It means nothing if you are without a job waiting on a broken unemployment system to give some relief. More lockdowns, more division, CARES act benefits wearing out, food lines, mortgage forbearance running out. There always seems to be two big winners in every one of these selections. 1) The Bankers. 2) Government. The Welfare for Wall Street degenerates are reinvigorated with the fresh long-stimulus/debt trade (free & easy money train) rolling back into Toon-Town at All Time Highs with a freshly bought and paid for Biden and yellow-stain Yellen. It's almost over. Companies are priced like five years out is now. There is no way they grow into these valuations. The decline will start slowly and then all at once as it becomes obvious to even the shoeshiners. The market is dislocated from reality by endless fiat creation. Got out years ago and bought productive assets and went local. When that Ponzi sheet show explodes; I will serve my community. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉Mall Bankruptcies, Retail Apocalypse & Mass layoffs Continue !!

lynda.com@gmail.com (Politico Cafe) — Mon, 9 Nov 2020 09:46:00 -0800

👉Mall Bankruptcies, Retail Apocalypse & Mass layoffs Continue !! Eight months into the pandemic, mall bankruptcies, and retail carnage continues. Corporate bankruptcies are surging, small businesses shutting down. The explosion of bankruptcies and layoffs is unlike anything we have ever seen before. Job losses and store closings are all at apocalyptic levels.Hotel and restaurant industry apocalypse continues. The Main Street economy is collapsing. While the monster that is AMAZON which pays no taxes is getting richer as this goes down! Chicken Littles unite and start shopping again! Bankruptcies before the looting starts. Malls to become future Amazon warehouses. The Federal deficit and debt totally out of control as record federal spending continues. The last eight months have been an unending nightmare for the U.S. economy. Businesses are shutting down at a pace that we have never seen before in American history, the retail apocalypse has reached an entirely new level that none of the experts were anticipating prior to this pandemic, and we are in the midst of the greatest spike in unemployment that the United States has ever experienced. The damage from the pandemic and the consequent government shutdowns continue to ripple through the economy. Every week seems to bring another round of retail bankruptcies. With conditions worsening, the numbers are likely to keep climbing. As many as 25,000 stores are expected to close in the U.S. in 2020, mostly in shopping malls, according to Coresight Research. Department stores and fashion boutiques are seen as the most endangered. The pandemic worsened an already dire situation for brick-and-mortar retailers, with a steady stream of chains falling victim as their customers shifted to online shopping. Between bankruptcies, distressed owners, store closures, and existing vacancies, at least half of Mall’s square footage is now at risk. And hundreds of other malls around the country are in the same boat. They’ll have a tough time filling this space. There’s going to be malls that are like a barren wasteland. Two Mmajor mall landlords already filed bankruptcy amid this retail carnage. Due to pandemic-induced pressures, America’s ailing malls have suffered a pair of body blows as two major landlords followed their bankrupt tenants into Chapter 11 protection. The two U.S. mall owners that filed for bankruptcy on Sunday could be just the beginning. As retailers ranging from J.C. Penney Co. to Brooks Brothers Group Inc. go bust, their landlords are struggling too. It looks like Consumer confidence missed these guys. Traffic is down, and revenues are down. Some of these malls are not going to make it under the current business model. They never got their debt to a place where they could get through the next downturn like we’re seeing now. No amount of restructuring can change that. The retail sector – particularly brick and mortar companies – was struggling even before the pandemic. The government shutdowns in response to the pandemic, have sent it into a freefall. Retail companies are going bankrupt at a record pace. Financial advisor BDO released an overview of US retail bankruptcies and store closures through the first half of 2020. It concludes that the pandemic has exacerbated the problems already plaguing the sector. Brick and mortar retail companies have been pummeled by bankruptcies and store closures. Through the first six months of 2020, 18 retailers filed for Chapter 11 bankruptcy, with an additional 11 filing in July through mid-August. The pace of bankruptcies rivals 2010 in the wake of the Great Recession. In addition to the bankruptcies, more than a dozen retailers, including Macy’s, Bed Bath & Beyond, and Gap, have announced they will shutter 50 or more stores, totaling combined 4,200-plus stores. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Two mall operators filed for bankruptcy protection Monday, hurt by the ripple effect of the pandemic, which has forced many of its mall tenants to permanently close stores or not pay rent. Both companies, CBL, and Pennsylvania Real Estate Investment Trust said their malls would remain open as they go through the bankruptcy process. Even before the pandemic-induced store closures, malls struggled to attract customers who were increasingly shopping online. The pandemic forced many malls and their retail tenants to temporarily close for months. Mall tenants, which operators rely on for rent, have been stressed this year. Some are going bankrupt and closing stores such as J. C. Penney and California Pizza Kitchen. The mall bankruptcies come weeks before a crucial holiday shopping season. With disease cases rising, malls will need to limit crowds during what is traditionally their busiest time of the year. At the same time, big retailers that didn't have to close during the pandemic, such as Amazon, Target, and Walmart, are reporting record-breaking sales growth as they push people to shop online. CBL which operates 107 malls, said more than 30 of its tenants have filed for bankruptcy protection this year and are shutting stores, including women's clothing retailer Ascena, which has 100 Ann Taylor, LOFT, and other stores in CBL malls. Based in Tennessee, CBL operates malls across the nation, including Eastgate Mall in Cincinnati and West County Center in St. Louis. PREIT, based in Philadelphia, has more than 20 properties, including Cherry Hill Mall in Cherry Hill, New Jersey, and Viewmont Mall in Scranton, Pennsylvania. Trouble bringing customers back like other malls looking to attract shoppers, PREIT has added restaurants, movie theaters, and gyms to its properties in recent years. But those establishments have been hit harder by the pandemic and have stricter social distancing rules on how many people can visit. As more businesses collapse, more workers will lose their jobs. So even though we have already seen more than 60 million American workers file new claims for unemployment benefits in 2020, more waves of unemployment are still on the way. The chickens are coming home to roost. And their solution is more of what caused the problem to begin with .Low-interest rates, easy money, and unprecedented stimulus. None of this has been factored into stock and housing valuations. None. Because of moratoriums and stimulus. The can , can be kicked only so long; then it is so heavy when you kick it it doesn't move and hurts your foot, Badly. New York City together with other big cities and their businesses have reached a pivotal point. After over eight months with the specter of pandemic hovering in every subway car and corner bodega, the pandemic is showing signs of resurgence. New York City faces a financial abyss. The pandemic has crippled tourism, retail, and the culture sector. The damage could last years, and layoffs, service cuts, and added debt are all on the table. San Francisco is now facing a historical record high inventory of condos for sale and sharp drops in condo prices. The unemployment rate in New York is already 16 percent, twice as high as the rest of the country. Personal income tax revenue is expected to drop by $2 billion this fiscal year. Only a third of hotel rooms are occupied, and apartment vacancies in Manhattan have hit a peak. This fall, the nation’s largest city will see even more padlocked doors as companies burn through federal and private loans they tapped in March, landlords boot businesses that can’t make rent, and plummeting temperatures chill outdoor dining and shopping. By late fall, there will be an avalanche of bankruptcies. When the cold weather comes, that’s when we’ll start to see a surge in bankruptcies in New York City. New York bankruptcies reportedly surge 40% during the pandemic. The crisis has hit a number of industries across the United States, with retailers and restaurants among those hardest hit. Century 21, the parent company of Chuck E. Cheese and Neiman Marcus are among the companies that have filed for bankruptcy as a result of the pandemic. But in New York City, which became the epicenter of the virus in March, the environment has been especially challenged. Tourism has plummeted, government officials have been more cautious about reopening the economy, and many wealthy residents have fled to the suburbs. Another flurry of bankruptcies and permanent closures is expected as cold weather arrives along with a forecast a new wave of the pandemic. Forbearance and mothballing. Not that complicated. They may be able to do a grand reopening in the spring or summer or 21, but until then, they need to arrange/declare forbearance and mothball facilities. If necessary, the government should step in and force the parties to accept forbearance. The Fed can provide the funds to the banks to ensure debtors' obligations are paid and converted into new bank loans or other debt instruments. Creditors can be kept whole and receive their payments and principal during forbearance. Some of the interest and principal may have to be rolled into new obligations relevant to debt position and paper quality. Those holding higher positions and holding higher quality paper from the pre-collapse days should have a higher forbearance position as far as receiving a higher percentage in forbearance payouts during conversion. Whilst those holding junk may be forced into continuing to participate as creditors and receiving lower percentage payouts during conversions. If it'll work for the movie theaters, then it'll work for the airlines, airport authorities, ports, et cetera. The problem is less about the economy than about the lack of applied talent and creativity, and willingness to work through these difficult times. Too many slackers and lazy minded people in the Washington Regime. It's clear these people have not been up to snuff and not just in the USA but elsewhere in the world economy. It's like the babies have taken over, and they're just whining and crying about how bad things are, and their milk sippy cup is half empty, and they need a nappy change. You know the new stimulus is going to be like 3 Trillion dollars as soon as the new administration gets settled in at the White House? They’re gonna pump so much money; your eyes will spin out. The new stimulus will forgive rents for the proles and mortgages money people, heck even for Airbnb investors. All Student debt will be canceled and paid for with tax money from suckers with high incomes in all the desirable cites, San Francisco, Los Angeles, New York, Boston, etc. 3 Trillion Dollars – Plenty of government Jobs for those people with women studies/environmental degrees, with great benefits. You see, things will just go back to what they were in a few months. -Universal Basic Income. -Higher minimum wage. -Free College. -Universal Health care. Taxes/health care and all living costs are gonna shoot up for all the productive middle-class people. Time to move out of the country and just working remotely even if one gets a 20-40% salary cut is way better to be GONE. We cannot fix an inherently flawed system. The only solution is to till it under and plant the better seed. The problem is that those who want to till it under also want to plant an even worse seed. And those who fight to keep what was planted don't see just how bad the seed they love is. Guaranteed degeneration. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Major Banks & Hedge Funds start Shorting the Dollar -- The Mother of all Trades -- Got Gold?

lynda.com@gmail.com (Politico Cafe) — Sat, 31 Oct 2020 11:41:00 -0700

👉Major Banks & Hedge Funds start Shorting the Dollar -- The Mother of all Trades -- Got Gold? Major Banks & Hedge Funds start Shorting the Dollar -- The Mother of all Trades -- Got Gold? It is getting dicier by the day and looks as if everything is about to fall apart. America is headed for tough times. The same could be said for most of the world. An old order is fading because what cannot go on forever won't. Get ready for the biggest collapse in human history. The Fed is preparing to extend its bond-buying program. Parabolic debt expansion. We did not boom the economy; we boomed the debt. Massive debt to keep the market up. More stimulus to add to the more national debt. The trade deficit is ballooning, with no end in sight. The dollar has come under increasing pressure since late March after the Federal Reserve pledged unlimited liquidity to support an economy hurt by the coronavirus pandemic. Interest rates are at 0% and can't be lowered to provide easy money (If they go negative, banks take from your savings). A few people have all the money, and everyone else gets by on debt. Real unemployment is still very high. Less money is being spent globally, with the exception of online retail. Dividend-paying stocks now the only game in town. The economy is not good, and I believe the stock market will figure it out soon. Trillions of greenbacks rolling off the printing press every week, making the US Dollar worth less than dirt. Forex foreign investors dumping Usa fed bonds with the US dollar before being wiped out Dumping the dollar with bonds is the play. We're going to go through the biggest short squeeze in history on the dollar. Major banks and hedge funds are now shorting the dollar. Many investors, especially the big ones, were seeing the decline of US dollars months ahead. The short positions in the future market have increased over the past 16 months. Hedge funds are shorting the dollar and are bearish on the greenback for the first time since May 2018 in the latest sign that the world's top reserve currency is declining further and unlikely to bounce back any time soon, Bloomberg reported. The greenback has fallen about 6% against the euro alone since the start of the year. There's a big short position on the dollar. And when that gets unwound, It's going to cause chaos around the world. It's going to be the biggest driver for asset prices over the next two years. This was just a matter of time before these different knock-on effects started taking place, and that's what we've seen over the last three months. This initial dollar move is the whole move. We're nowhere near the beginning of the end. In the debt-based monetary system, if capital doesn't flow and move, it literally comes crashing down. When you lock economies down, and don't let people go out, and don't let people work, and don't let trade goods flow, it essentially takes the monetary velocity to zero, and it just can't exist in that type of scenario. When that happens, you get markets that are just seeking liquidity at all costs. It has nothing to do with fundamentals; it has nothing to do with the normal supply and demand characteristics. It literally has to do with get me dollars no matter how you do it. That's kind of what we went through, and I think that will happen again going forward. Deflation on main st, inflation for stocks. A lot of asset prices, a lot of commodity prices are going to come down, let's call it, over the next six, 12 to 18 months, whatever the time period is. But after that happens, in the next ten years, we're going to look at an inflationary storm. Inflation is coming. We're going to get supply shocks where prices are going to start to rise, not because demand is rising, but because supply is just being strained. So I definitely see that as the end game; I just don't think we're there yet. The big dollar crash hasn’t even come yet. We’ll check back on the dollar confidence in 6 months or so! Owning gold is the best hedge against inflation and deflation. There are times where you can own gold to get rich, and there are times to own gold for insurance. I think right now it's a good time to own gold for insurance. Gold is going through the roof. But I still think it's possible that in the short term it goes down. At the moment, gold is about 0.5% of total global assets; during 1980, it was 3%, so technically gold can easily go up six times to $12,000. You want to look at how the dollar has been doing since 1971 when Nixon cut the dollar off the gold exchange standard? Valued against gold, the dollar fell from $34 an ounce to $1990. The Fed has been successfully manipulating the price of Gold since 2012. All in an effort to prop up the Dollar. This success is tentative and cannot be relied on. Backing the Gold-Backed ETF's is a cover for their actions! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The US dollar has been recognized as money for less than 250 years. Gold, more than 5,000 years. In the last 120 years, since the creation of the Federal Reserve, the value of the US dollar has been depreciated by 98%. Gold has stayed roughly the same as it's ever been. During times of strife and stress, gold is the ultimate "fear index," and the price rises. The one thing that no person employed in any aspect of finance or government (or journalism either) wants to consider, but is very, very much a factor right now, is the possibility (probability? near-certainty?) of the total loss of the US dollar and it's being replaced by something else. In such a case, it is still guaranteed that gold will retain value. Gold is a store of value, no matter what happens. The market has been surviving on one thing and one thing only, Debt, debt acquisition. That's because, with all the stimulus, the stock market is functioning as an inflation indicator; low dollar, high stocks-high dollar, low stocks. It's a net-zero after inflation is taken into account. The reason for the correlation is that the US dollar is the reserve currency of the world. The global economy is driven by debt, and all this debt is ultimately underwritten in US dollars. When the pile of debt is increasing, it is a net positive for the stock market (and all other asset classes, including real estate, commodities, gold, bonds). An increase in debt is negative for the US dollar because when debt increases, each dollar you hold buys less and becomes less valuable. When the US dollar starts to rise, it means that the global pile of debt has started contracting. The debt starts contracting because there is a crash (stocks, bonds, real estate, commodities) underway in some corner of the world. As a result of the crash, the debt underlying that asset class has to be written down or written off due to bankruptcies or insolvencies. This is a net positive for the dollar because the crash has taken out of circulation some of the (debt) dollars. The remaining dollars become more valuable because each dollar you hold now buys more. Politicians didn't use the time they bought with huge debt since 2008. So now they got no tools to use. Except for helicopter money, which the US already did. So what's next? They'll tap into savings. And abolish cash. The giant bag of money has to settle somewhere. China is unsafe, real estate sketchy, bonds doubtful, cash has a negative yield. Interesting to see how low for how long. When you have a central bank artificially suppressing rates since 2008 THIS IS WHAT YOU GET. A MASSIVE BUBBLE. With all the free money floating around with government stimuluses and the crazy printing of money, the dollar is bound to collapse. So knowing that one way to benefit from all this funky money is to short the dollar. Market observers and analysts are all misreading the yield curve implications. Decades ago, large banks were the main risk-takers in the market in terms of volume, turnover, and capital formation. The Dodd-Frank and Volker rule during the housing crisis had changed the whole market landscape. Restrictions on bank risk-taking have limited banks' ability to penetrate into risk-taking, and requirements on capital safety and reserves make large financial institutions to be more client-oriented and risk-averse. It is similar to what Europe had since long ago, and European banks, particularly with consumer operations, were not allowed to carry broad-based risk trading in the equity market. This is why many European banks opened subsidiaries in the USA, seeking riskier and fast trading opportunities along with access to Fed's liquidity support. On top of that, within the last 30 years, there was a massive shift toward electronic trading, and the rise of the passive index industry had overthrown banks as major asset managers and risk-takers. The business model of such a fund industry is looking for fee collection from portfolio managers and investors. Without sophisticated technology and fast trading algorithms, such a business model could not exist as fund offerings of different structured products needs to have almost perfect dynamic hedge as investors and portfolio managers buy and sell such products for hedging or trading purposes. Coupled with very friendly regulation from SEC that allows ETF-like structures to dominate the market along with efficient and fast technology, massive cross-asset computerized setups, and Autobots, the yield curve has lost some predictive recession power as large bank institutions are no longer the biggest part of the curve active players. The risk has been shifted to the FEDs, which means it’s a national solvency & credit issue rather than private sectors in the past. The feds and governments are working together to put excessive liquidity into the market in the hope to spark economic growth and inflation. The problem is that I don’t see an exit strategy for FEDs back to normalcy now. It’s likely that this bubble will be even bigger and run longer than any previous bubbles as it’s fundamentally created by the FEDs around the world. And when it pops, it will probably hurt assets in developed countries more than developing countries as that where the bubble is. No rate hike for at least two years, most likely longer. Wall street is painting the tape to bluff recession so they can pick up stocks at low prices. Inflation is a story that’s still in the early innings with lots of fuel behind it. Also, don’t forget that the US treasury is now a big net seller of bonds monthly, which hasn’t been the case for a decade. The house everyone is looking at has been knocked off its foundation, or if you are building a structure off measurement from the prints, you eventually will run into a "bastard spot" so defying logic and mathematical structure or even balanced economics that involves a heard of idiots in the Eccles building rather than a sound footing and then explaining the current bond market is absurd to me. America's existence with its accruing debt is totally reliant on others and manipulation to finance it, and that is not worthy. This is all theater to me, and it's gonna rock those out of bed one night. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉The Coming Inflation to Set Gold Prices on Fire !!

lynda.com@gmail.com (Politico Cafe) — Sun, 25 Oct 2020 11:29:00 -0700

👉The Coming Inflation to Set Gold Prices on Fire !! The value of all gold mined worldwide over all of human history: $12 trillion. The value of fiat currencies doled out by governments in 2020 as an economic response to the pandemic: $12 trillion. 22% of all dollars in the M2 money supply were created since the pandemic started. Another stimulus package is about to be unleashed, and this number will go well over 30%. This is the most inflationary time in the history of humankind on a global basis as well as in the US. The dollar is worth 1/25th of what it was a hundred years ago; and has lost 30% of its value since 2002, 10% of its value since the beginning of this year alone. The fiscal outlook for America is not good either. It may be going the wrong way now, but that's a short term trend in a much larger long term picture based on fundamentals. US debt set to exceed the size of the economy - the first time since World War 2. The expected budget deficit of $3.3 trillion would be more than triple the shortfall recorded in 2019. Is this not the best time to acquire physical gold and silver? QE and the pandemic relief spending all the same result inflation. We cannot keep printing new money at a rate faster than our economic growth without causing inflation. In the short term, it's difficult to predict whether we are heading into a deflationary depression, wild inflation, or stagflation. But in the long term, printing vast amounts of new money in excess of economic growth will cause inflation -- otherwise, we could just print new money whenever we needed without negative consequence. However, with debt levels so high at every level of the private and public sectors, inflation may be the only way to pay off that debt. Inflation is terrible. It is a continuation of the mindless deficit spending by Congress for the past 14 years. Think Germany before the war. Raising interest rates will stress (blow up? ) the $250T plus bond markets that will blow up the banking system. Rising interest rates also discourage the creation of a new debt, which is necessary for servicing the existing debt in our credit-based economy. The central banks have backed themselves into a corner. I would predict inflation for luxury penthouse suites, yachts, fine art, etc. as central bank printing presses will be filling the coffers of the 1%. This will not trickle down to the 99% where jobs will be scarce and cash in short supply, keeping inflation for the majority of goods firmly in control. But we also see inflation in food and in the stock market because we have created so much money, and there is really no other place to park it. We should also fear massive inflation in the housing market, as interest rates are so low that house prices can be ratcheted up because monthly payments are lower. For some reason, our leadership can only envision constructing prosperity through a return to the status quo ante. That status quo ante consisted of running huge deficits by mounting pointless wars, extending a succession of tax breaks to those who do not need them, and periodically trying indiscriminately to prop up aggregate demand in some of the most roundabout ways imaginable (such as inflating the equity markets). And that status quo ante consisted of consuming more than Earth can provide while blowing through record amounts of fossil fuels, pursuing a chimera of prosperity while ensuring an Earth that is unliveable for ourselves and the creatures we should be sharing it with. Why not instead direct that spending to shore up the social safety net while supporting renewable energy and the creation of jobs? Why not fix our dilapidated infrastructure and direct incentives to industries that make things people really need? You could call it a "Green New Deal," or if that is too scary, an "Investment in a Survivable Future." Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. This is a slow roll, controlled economic demolition. During the course of it, deflation will balance out the money printing, by design. When the economy finally finishes hitting rock bottom and flatlines for a while, that's when the inflation starts going wild. Inflation is an excess of currency; hyperinflation is the loss of confidence in the currency. INFLATION BY PRINTING. Oligarchs got 4-5 Trillion. Peasants got less than 1 Trillion. Oligarchs now cashed up at Zero interest to purchase everything at Great Depression collapse pricing. We've had around 6 or 7% inflation for decades now. A can of tuna was $1 in 2015. It's now $1.47 in 2020. I see lots of inflation at the grocery store. They often hide it with smaller packaging. Food inflation running 10-30%. Restaurants raised prices by over 20%. There has been enormous inflation for many years, but to keep the system going, the game has to be played. But it's getting more desperate by the day, and something has to give. Soon, it either collapses, and the whole financial system goes down The Davos great reset. Or they will be forced to accept reality by releasing pressure valves, even whilst still playing the official game which, will produce official inflation. And allow Gold to find its true price. Otherwise, it's the Davos reset. I don't believe the average person will see inflation coming until the bow breaks. I believe the Bible clearly describes what will happen, that the world's currency will fail overnight, in a single day. That when that day comes, it will take an entire day's wage to earn enough money to buy a loaf of bread. I believe the market will crash in a single hour, wealth will literally vanish instantly, and that the dollar will fall in a single day. The dollar is a trap, and the jaws of that trap will close on the world suddenly, not some long drawn out decline! Enter the pandemic - a great excuse to print some more and to offer an explanation of why everything is falling apart. The inflation we see in the real economy has been caused by the intentional destruction of the economy, and this has destroyed businesses, jobs, and whole supply chains creating shortages, especially in food, and this will get much worse as we move forward. In the past two months, the price of gold has dropped from $2077 to $1877 an ounce. That's a 10% correction during a time when arguably gold is experiencing its strongest fundamentals in modern history. Backdrop: record deficit Government spending and debt; record FED and Government stimulus - more stimulus and bailouts are coming, the pandemic not going away; US election mess; pending China trade war; rampant unemployment; destruction of US small businesses; massive real-estate foreclosures on the horizon; and more. Lots of reasons for gold to be going up. The only reason for gold dropping is market manipulation; however, every time gold is manipulated, it always ROARS back. Gold is a smart hedge to a constantly depreciating dollar. Mining stocks that pay dividends are excellent plays, too, because they are leveraged to the price of gold. For instance, Yamana Gold pays 2%, and the stock is undervalued by any objective measure. Gold just keeps hanging in here above the old record $1,900 price with the stimulus package about to hit the value of the dollar. The longer they wait for this package to go through, the worse things will get for Americans who have lost their jobs or small businesses. Deferred loans to banks are now heading into foreclosure or will in January. At present, over two million foreclosures are imminent in January. The banks and government colluded to cause the last foreclosure crisis as Obama took office. Now, the same situation is about to unfold, with whoever wins the election getting slammed with a foreclosure crisis. The only real winners in a foreclosure crisis are the banks that capture millions of homes and put them into their rental pools. The banks are, of course, made whole while those foreclosed upon losing everything. Relative to gold,trillions will be printed and handed out as this unfolds; the dollar is being diluted and diluted and diluted. Savings held in cash or interest-bearing accounts are becoming liabilities as no interest is paid, and inflation eats their value away. At least Yamana pays a 2% dividend that eclipses interest on savings held at banks or brokerages like Bank Of America, Wells Fargo, CITI, Goldman Sachs, or the others... Don't kid yourself; another period of insane volatility is about to hit us. The devaluation of the dollar alone in the next month will put gold above $2000 just because the dollar is in free fall. That's the problem with making evaluations about a burning forest when you are in the burning forest. The fact is that while the bullion banks can print paper gold as much as they wish, the physical that underpins all this paper is increasingly scarce. Get OUT of the worthless GLD paper trash and buy physical Gold before it's too late. GREAT opportunity to unload worthless Paper Gold like GLD and to buy cheap physical Gold and Silver before they start running back higher again. Buy all dips today—all the dips. The Cabal doesn't want liquidated stock cash to go into gold. Buy gold cheap on their dime. We are very close to the last time you will be able to buy gold cheap. Gold is the most manipulated and hated by the controlling powers of capital led by the Government and their ilk, including JP Morgan and the others keeping the price down because they can do it with so much computer digits they've created and the control of it they yield. This does have a giant effect on the physical that comes to market, whether buying or selling, and the psychology of defeating those who believe Gold to have such intrinsic value in the shorter to medium term in particular. Bottom Line, The CRIMINALS are in Control. Buy the dip. The major cabal banks, IMF, BIS, Fed, BOE, BOJ, and ECB, are giving up on the dollar and hoping the world will buy into their CBDC. It is their hope to hold control, but the world has had enough. Unless they can bribe enough of the political leaders of the non-gold bearing countries willing to throw their citizens into poverty, they will have to default to hold. Markets don't move in such dramatic swings frequently unless it's manipulated. Gold is the Cabals' biggest thorn. Keep dumping currency and buy gold unless you think the Cabal should remain in control and continue to dilute your wealth. Buy gold and hold. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

This Debt and Deficit surge would have been unimaginable just a year ago

lynda.com@gmail.com (Politico Cafe) — Sun, 18 Oct 2020 13:06:00 -0700

This Debt and Deficit surge would have been unimaginable just a year ago The National Debt Clock is flashing a major warning, Red Alert! The federal deficit tripled to a record $3.1 trillion in fiscal year 2020, with the budget gap ballooning to a share of economic output unseen since World War II. While most people are aware the national debt has exploded, it brought my focus back to this subject. Many of us that watch the economy closely are still trying to get our heads around the rapidly unfolding pandemic crises and the impact of trillions of dollars flowing into the financial system. America's debt has soared past 27 trillion dollars and is now expected to leap by several more by the end of the year.

8 Reasons The Stock Market Rally will continue to Exceed Expectations

lynda.com@gmail.com (Politico Cafe) — Wed, 14 Oct 2020 21:01:00 -0700

8 Reasons The Stock Market Rally will continue to Exceed Expectations We have never lived in a period where the future was so uncertain. The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. Forty million unemployed, a suicide epidemic, more than a hundred thousand small businesses shut down permanently, with millions of others at risk. Some 63 million+ people lost their jobs in the USA alone, we are in the middle of the global pandemic from the coronavirus that looks like it is picking up, cities are burning, and estimate for the 2020 GDP is fall between 50 and 60%. And this is only part of the cost of the coronavirus lockdown to America. Across the country, protests continue many peaceful but others turning violent, taking their toll on small businesses. Looting and vandalism dealing a blow to those already crippled by the coronavirus lockdowns. And the stock market appears to be anticipating a strong recovery as it keeps shooting up with some indexes approaching their old record highs. The stock market is soaring to new all-time highs. Up 34% in three months and still in. Yet another bubble. It wasn't enough that the banksters earned trillions by shorting near the top of the COVID19 collapse. So now they had the central banksters jerk the markets back up to the bubble levels before the collapse, so they can do that all over again. Geez. You have to wonder how many times they can fleece "regular folks" before the "regular folks" either learn their lesson ... or have no way to borrow more funds to invest in yet another bubble. It is beginning to look and "feel" a lot like 1929. 30K is where the music likely stops, and the band departs the stage. The Fed is pumping a corpse. Soon even they won't be able to deny it. The patient is dead. The addicts just don't know when to quit. As long as the FED is allowed to print to infinity, they can buy up anything they want, and they will do so for one simple reason, pensions. Since they forced pensions into the risky stock market with zero interest rate policy, they now feel obliged to defend that because when those pensions evaporate, there will be a lot more than simple uprisings out of the discontent of police misconduct. Anyone with a decorum of common sense knows that this sham will end badly. However, I don't fault anyone for playing their stupid game by buying worthless stocks. Unfortunately, it is the only game that is paying fraudulently derived yields right now. The stock market knows the Fed has its back. The MMT central banks won't let things fail on their watch, especially in an election year. The stock market is the Fed. There are no more markets. The Fed has the back of the Money Power Monopolists who control it. The sole purpose of the stock market is to remove fiat money from society. And it is very easy to do if one actually knows how the stock markets work. And it has been done over and over and over. And, if you know how debt-based money systems work, you will know what happens when the debt continues to increase as access to dollars continues to plummet. It doesn't matter. The market doesn't care. Two asteroids could hit the earth simultaneously at opposite poles of the earth, destroying 90% of the planet, and the market would go up 3%, and the commentators on CNBC that survive would say something like "markets up on asteroid mineral mining optimism." RIP markets. RIP capitalism. RIP United States Republic. It was a good run. Time to burn it all down and start the 2nd republic. At this point, it looks like everything can be nuked apart from Wall Street, and four computers at FED and stonks would be pushing all-time high. The vast majority of people in the US do not own stocks. The Markets disconnect from reality is epic. I am anticipating very bad news at the end of the second quarter, then a long hot summer with millions who have nothing to do, taking to the streets all summer long. I have been through economic downturns about every ten years since 1970 when Boeing laid off two-thirds of its workforce in Seattle, and the billboard went up saying, "will the last one leaving Seattle, please turn out the lights." Nothing in the past feels like this, not the Vietnam War, Y2K, DotCom bust, real estate crash, etc. Now, millions of people cannot make a living due to coronavirus lockdown, bureaucrats who have no knowledge of business set arbitrary rules of business operation, expecting a restaurant to survive at half or less capacity, etc. as an example. Shutting down marinas and parks given what we know about the virus seems ludicrous. In my mind, the riots are not about the unlawful death of Mr. Floyd, but the result of oppression people unconsciously feel over the shut down of their businesses, livelihoods, and way of life with no end in sight. His death just became an excuse for rebellion. The Fed propping up the market can only last so long before the giant bubble bursts; when? I don't know. But it will when reality finally rears its ugly head, and there is nothing the Fed can do to hide it. The "markets" are not markets as there is no true price discovery because of the complete manipulation. The Fed is not a person that is even capable of telling the truth or being your friend, or having a conscience. The Fed is a collection of evil people who are not making mistakes, or bumbling or making errors. These people know exactly what they are doing, which is orchestrating the theft of all assets, by illegally (unconstitutionally) printing notes (not money) to buy every asset they possibly can, At the same time, of course, a lot of those dollars are being used to buy the junk debt of their "friends." The reality is there are two societies, Wall Street and Main Street. There are two economies, two currencies, two sets of laws and justice, etc... The current stock market clearly shows the disconnect. Time to find other asset classes because Wall Street is eventually going to destroy both currencies and society in general. Fundamentals no longer matter in this market, so calling it overvalued is meaningless and irrelevant. This market is operating under the Greater Fool paradigm, and the FED has created trillions to give to these fools, ensuring that its only direction is up until the system crashes. Here is why I believe the stock market rally will continue to exceed expectations. #1.) Because everybody and his chart is bearish. #2.) Everyone thinks the short trade is so obvious and easy. #3.) HFTs and Prog EFTs will crank the bid and wash short stops on the above again and again and again and again. #4.) Because the largest companies now have a total monopoly with no small business competition. #5.) Because the public asswipes run to get their MCDs and Ikea crap as fast as they can, showing they have loyalty and comfort. #6.) Because stocks are the only game in town, up up up up up - just like Zimbabwe and Venezuela markets. #7.) Because as we have seen since 2008, the inflation goes into the equity markets - the rest be damned. #8.) Because there is no market, it's completely rigged - just slap a zero on the end of the Dow and SP500 and make everyone happy and be done with the farce. Here's another more couple of reasons why the Market could stay or go higher. First, its a hedge against a coming hyperinflationary event and collapse of the dollar. Second, millions of more layoffs could improve or at least stabilize corporate earnings as revenues decline. The bear case is 25% unemployment and violence in the Streets. Oh, wait a minute!! We have that now. The Fed will buy everything in sight and copy the playbook of the Bank of Japan. It'll work until someone turns on the light switch. It sounds very much how Joe Kennedy knew to sell just before the 1929 crash - his shoeshine boy was talking about his stock holdings. It looks like we have a shoeshine boy rally. The correct time to short the market and go long, the commodity index will be when "regular folks" have zero funds remaining, and the central banksters and their buddies own everything. In other words, it is rigged folks, and not rigged in your favor! When the market does turn, all that wealth will be lost in a heartbeat. The young and stupid will be burnt, badly. It'll take a generation to recover. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Just because we have muddled along putting band-aids on our economy does not mean that we have accomplished a great deal. The Trump economy has been a continuation of deficit spending. We have postponed the day of reckoning but most likely made it far worse. We’re in the biggest mess we’ve been in since the 1930s. True price discover totally gone! We have seen a growing amount of central bank and government intervention in markets over the years, bolstering the argument that true price discovery has been distorted. Today these forces, including stock buybacks and what has become known as the "Plunge Protection Team," appear to jump in at any sign of a pullback. This destroys true price discovery and the proper pricing of assets, which are the bedrock of free markets. In simple terms, the whole world is on a path that avoids real reform and bails out the very people that caused many of our problems. The good or bad news depending on how you look at it, is this "great manipulation" will not work indefinitely. Eventually, it will come crashing down around those in charge. The fed is a huge risk to humanity. Going short on stocks? - That's financial suicide. Every sane person on earth knows by now that the FED has an iron grip on the direction of this market - UP. Jerome will buy the entire market. Never fight the Fed. The problem with the Dictum 'Never fight the Fed,' is that it is right...until suddenly it isn't. If you fight it too early, you lose opportunities... But if you don't fight too early, and instead fight too late, then you lose EVERYTHING. The big set up is happening. I believe the market will suffer a catastrophic crash a couple of months before the election wiping out middle-class retail investors. Trump will be blamed in another move orchestrated by the Deep State. In other words - for a few months more, this market is going nowhere but UP. That's where making money is going to be for a while still. I remember the dot com bubble well. However, this market would make those daytraders even blush. Hertz, a bankrupt company, with massive debt, whose main stockholder bailed rose 100% on NO news today. Even tulip bulbs could be used to grow tulips. This market is the last man out Ponzi scheme. This was The Nomad Economist. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Stimulus, or More Stimulus, That is The Question now.

lynda.com@gmail.com (Politico Cafe) — Tue, 13 Oct 2020 11:17:00 -0700

👉Stimulus, or More Stimulus, That is The Question now. Stimulus, or More Stimulus, That is The Question now. As Peter Schiff said, the president is now in the process of out-Democrating the Democrats on the stimulus issue. The markets know who butters their bread. There are no more fiscally conservative parties in America. There is only the market that counts, and it needs more free taxpayers money. The Stimulus talk is doing exactly what it's supposed to do; Keep the market up until November 3rd. That's the only reason we had stimulus talks. It got us to earnings; now watch the beats roll in, and markets climb another 10%. Stocks can only go up. Let us borrow our way to prosperity. What could possibly go wrong? But the stock market is not the economy. Less than 50% of people have any exposure whatsoever. The bond market is broken, the stocks are overvalued, currencies are being inflated, no one is paying rent- residential or commercial- and people are out of work. Millions of Americans are unemployed or in danger of being evicted or defaulting on their mortgages. There is no good news. Trump Says He Now Wants Bigger Stimulus Than Democrats Offering. More monetary Distortions. The Feral/Fraud [no]Reserve would eventually be doing QE to infinity by way of digitally-issued FIAT DEBT - dumped with abandon - into the global financial system through Wall Street. Big corporations make out like bandits, the people get a few crumbs, and things continue as they are. And remember the government spending is also included in GDP. Basically, the government can borrow money and spend it and voila GDP. Americans: Stimulus, please! Stock Market: Stimulus, please! House: Here you go, though it's not much. Senate: One Supreme Court Nominee coming right up! Trump did not create this bubble, but he made it 100 times worse. This bubble started when the Fed decided it was acceptable to monetize debt through Zero Interest Rates and QE. Another round of criminally manufactured gains, as the first legalized Ponzi scheme in the world, is manipulated back to the grossest overvaluation in history. And they will keep pillaging until there is nothing left. Yes, we are in a K Recovery. K as in KILL to 60% + of American Small Businesses... K as in KIND to Big Corporations... Amazon, Microsoft, Walmart, Airlines, Shipping, etc., etc., etc. The big players know we will need to flood the markets with our kids' cash to get us out of this quagmire. Always fun to watch these headlines run all week: stocks rally on stimulus optimism, then after stimulus talks stall or fail, "stimulus talks fail, stocks continue to rise anyway. Same thing as last year during the supposed trade deal optimism headlines that continued to drive equities higher despite failing in the end. Buy the rumor, don't sell the news (or for any other reason), just look for whatever hopes and dreams you can conjure up and use that as a bull case until it fails, then rinse and repeat. It's almost as if 2020 shined a light on what a big scam the equities market truly is. But but, we're bullish now because we're expecting record deliveries in 2030. It is not the stimulus amount of money that is the sticking point. It is who gets it. Trump & Mnuchin want to give it to corporations. As part of that looting, they are willing to help some workers (e.g., airlines), but the rest can drop dead. While Pelosi wants to give it to helps rescue badly mismanaged Democratic states whose ridiculously generous government pension packages were vastly underfunded prior to the pandemic. Those in the well-managed states do not want to fork out their own money to help other badly managed states. That's double taxation. People and state governments which have suffered huge tax revenue fall and will soon need to start layoffs. But those jobs don't count for the politicians. Both parties have sold the US citizen down the river, and continue to. There is only one party left. And that is The Stimulus Party. We are lagging the Soviets for about 30 years. We'll get there eventually. Thus why to buy gold. It won’t be caught up in this messed up economy that could go haywire at any moment. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle; Or Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Disney stock higher because they are gearing towards streaming. Theatres across the world are closed. Amazon stock up because no one goes to malls. But the stocks are overvalued. The price to earnings is too high. If the Fed backed out of the bond market, it would all collapse. Stimulus off-market tanks. Rumor of stimulus on market rallies. After the Stimulus market tanks again. Buy the rumor sell the fact! Robinhood investors have proven the so-called markets are nothing but casinos. When the Federal Reserve and Stimulus are the only reasons for the market to go up, you should realize that Capitalism is dead, and we have a Fiat market like a Fiat currency. Fundamentals don't matter. Totally rigged, manipulated, controlled so-called world markets regain footing on banana peels and grease. Fundamentals ended back around year 2000. The biggest question should the markets crash to 0.0 before or after the 100% fraudulent World alleged but never possible digital currency is rolled out? Apple and Amazon, multi-trillion-dollar companies, up 5% on absolutely nothing. This level of volatility is indicative of a highly unhealthy market. We basically have swings based on low volume trading after hours, after which the algos and High-Frequency Tradings kick in to try to front-run the foolish retail investors. We need to take out the trash, not encourage more of this behavior. That means a financial transactions tax, a complete repeal of the corporate tax cut, and we need interest rate normalization. Seriously, this market is completely grotesque. So many people seem to think that companies like Tesla or Apple, or Amazon running up 5-10% on a regular basis makes perfect sense. Apple is up 110% year-over-year. Tesla is up a dizzying 760%. What could possibly justify these ludicrous climbs? Here in the real world, these are the signs of a market so distorted as to no longer be recognizable. The flimsiest of pretexts (or sometimes none at all) is all that's required for stocks to soar, but they don't drop even in the face of devastatingly bad news. How long can this really go on for? The reckoning is going to be of historic proportions. Market cap to GPD is currently sitting at 186.9%, the highest ever recorded. It's up from 152% at the beginning of this year. By comparison, during the March lows, that figure dropped to 132%. Anything over 135% is considered significantly overvalued. And before the recent meteoric rise in this measure, the highest ever recorded was 138.4% during the height of the Dotcom Bubble. What I'm trying to say is, this market is hilariously overpriced. US markets are so grotesquely manipulated and overvalued as to no longer be even recognizable anymore. When the reckoning comes, and it will indeed come, it will be historically catastrophic. And then what it comes crashing down, the fools like Powell, Mnuchin, and the other sycophants will be standing around looking dumb, wondering, "How could this have happened?" It's like the kid who is told by his mom to stop throwing a ball around the kitchen and then looks SHOCKED when he finally hits a glass which shatters on the floor and makes a mess. Smart investors have been warning about the long-term consequences of enabling reckless risk-taking, endless QE, bailouts, ZIRP, all while half the country suffers, and each time, these people are dismissed. When the reckoning comes, the sycophants will be screaming at the wise men, saying, "Why didn't you warn us?!" What's even worse is that when the reckoning comes, those who get massacred are going to demand a taxpayer-funded bailout. The mom and pops, and the robinhooders will be crying while these fraudsters move to island countries, where teen whores are plentiful, richer than they ever were. The currency hyperinflates. The dollar will be turned to dust to keep our corporate overlords happy. Permanently low-interest rates, debt monetization by the Fed, QE infinity, and corporate bailouts all encourage the worst possible behavior from companies. The airline industry dumped more than $20 billion in stock buybacks in recent years, and we're seriously talking about bailing them out for a second time. Let investors bail them out or let them go belly up. It's not like new companies, or decently managed companies won't be able to spring from their ashes anyway. After 2008 it seems like our leaders decided that a) recessions are to be avoided and fought at all costs, b) corporate socialism is as American as apple pie, and c) that spending the wealth of future generations to perpetuate the terrible behavior of today and prevent Boomers from ever facing the consequences of their actions is apparently how we reach "permanent prosperity." My generation and my children's generation will be buried under more debt than we can ever reasonably payback. The consequences will be dire. And the masses must be kept in debt. Otherwise, they are free to do stuff the elite do not like. It’s an exponential debt game. At this point, isn't it oxymoronic to singly focus on the economy - economy meaning stock market. As corporations took advantage of re-engineering their operations, reducing headcount sans severance pay, extended benefits, early retirement buyouts, Mayors/Governors were pounding in the last nail on the coffin of low-mid income workers who received all those pink slips. The problem is twofold - (1) workers earned more money, not working than when the hind teat of the fatted calf dried up. (2) their jobs have been eliminated, and fewer jobs are available. The debt can was kicked down the road with moratoriums on evictions/foreclosures/student loan payments. Unless PPP receives more funds and the average American receives some relief, there may be coal on the Thanksgiving and Christmas table except for those upper-income workers unaffected who have been refinancing their mortgage and debt at breakneck speeds. We're at that point where the question on collapse is a matter of how soon? The moral hazard was breached in the 2000 and 2008 crises that were staged to bail out Wall Street. The most recent bailouts included an insulting $1,200 instead of $1.2 Million per taxpayer. Race to the bottom! It's all going to Crash; we're just voting to see who is Captain of the ship while it is going down. Actually, We're voting for the stewardess; we never get to see the captain. The End game won't be pretty, no matter who wins. Fasten your seat belt; it's going to be a rough ride next few years. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉3 Reasons why The Dollar is Losing its Reserve Status !!

lynda.com@gmail.com (Politico Cafe) — Mon, 12 Oct 2020 07:37:00 -0700

👉3 Reasons why The Dollar is Losing its Reserve Status !! As goes oil, so goes the dollar. A Dollar Crash is Coming. The Dollar is gradually losing its World Reserve Status. Today The world is having serious doubts about the once widely accepted presumption of American exceptionalism. The era of the US dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end. China has been selling US bonds for a few years. Japan's purchase is not keeping up with supply from the treasury. The domestic economy can't buy all the new supplies because that causes the repo crisis last year. The Fed has to buy all the new deficit spending bond by using freshly printed Dollars. They are essentially fueling the stimulus with the Trust in The Dollar. This Trust is not infinite. There may not be one single replacement as of yet. The answer is a basket replacement, where the USA will still likely be first among equals, but not pre-eminent. Just in the last three years, The Dollar has fallen from 63% of global reserve holdings to 58%, part of a 30-year trend. At some point, a tipping point will be reached. Since 2000 the US dollar has declined as a reserve currency. The dollar will certainly be ceding primacy to a mixed basket. While the US dollar will be the largest single currency in the basket, instead of having a hard to justify the premium for its market value, it will face the same buffeting and assessment that other currencies now live under. Will most Americans know or care? Not in any immediate, material way, but make no mistake about it, at the low and middle end of society, Americans will be noticeably less well off than they have been, both in comparison to their parents and to similar people in the rest of the developed world. In the short term, there is a devaluation. A big one and probably the replacement with a basket of currencies weighted for the relative volumes of trade and administered by a recognized independent body...( that debars the World Bank and the IMF ). The position of the US currency is a relic of Bretton Woods. The best days are behind it. But America fights to ensure the benefits are not taken away. Other potential rivals are not yet strong enough to take the crown, and it will take a joint effort. But it is on the train. And when it happens ( more likely as a basket of currencies ), America will be left to pick up the pieces. That task will include the Deficits and the sheer volume of dollars repatriated. The British went through this, and the cost to the British people also recovering from World War 2 was enormous. The US dollar is overvalued at least by 40% against emerging and resource-based economies. A currency that is devalued by 40% can still remain a reserve currency. There is no requirement that there be a replacement for the US dollar. All that is needed is a DXY devaluation, along with higher interest rates. That's all, and there is a precedent in history for both. The US actually has a trade surplus against the world when measured in terms of hard physical goods, i.e., a massive physical goods surplus against China in exchange for a paper that is being unilaterally being printed by the Fed. This has been a most excellent bargain since 1971. I think what the rest of the world is now waking up to is that they want something more tangible or they want a lot more of those dollars in exchange for the same physical goods, and also vehicles to park those dollars, which will yield a lot more than what the treasury bonds currently offer. Therefore, the dollar has to go down in value, and interest rates have to go up—both significantly. The value is placed on it by the people. When they stop pretending it is worth something, it will collapse. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle; Or Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The place of The Dollar as the world's reserve currency has been around for decades, and nothing has been done about it. But three things are now different: First is the fact that the US now accounts for only 10 percent of global trade and 15 percent of global GDP but half of the trade invoices and two-thirds of global securities issuance. This is stressing financial systems and causing a lot of hurts. Secondly, the Trump presidency has made much of the world reassess the assumption held since World War 2 that the US could always be relied on. The Trump administration will not last forever, but it will leave a legacy: it is now clear to the world that the US political system is not as robust as it was once thought. Who knows how future presidents will act, and how they might choose to weaponize the US dollar? Thirdly, in the past, there has been no real alternative to the US dollar, which is a major reason why the dollar hegemony has endured. But now it is possible to create a virtual reserve currency from a network of digital central-bank currencies. Of course, the role of the US dollar will not vanish overnight. But it seems likely that its days as a global hegemony are numbered, and with it the US dollar's strength. It will be interesting to observe the effect on the US consumer over the next decade or so. The timing is uncertain, but the US dollar's decline does look inevitable. The system now denies inflation, prints money that goes to wall street, which hands it out tax-free to the 48% of the country that own stocks. The ones who own stocks benefit from the printing. The other 52% just get the inflation the bill for bailing out the banks for selling fraud as AAA and stagnant wages that is not measured. The dollar blows up when the 52% can't afford a roof over their heads or to eat. Due to the recent American overuse of our stranglehold on financial settlements to damage our enemies with sanctions, in particular against Iran and North Korea but also Russia. Alternatives will be found, effective ones eventually, which may provide a crack in the dike that spreads into a flood of dollar workarounds. The U.S. weaponized SWIFT. Asian and Middle Eastern countries have had enough, moving away from SWIFT onto their own systems. People underestimate the impact of Saudi Arabia, Iran, Turkey, Russia, China, Egypt, Israel, UAE, Bahrain, etc. getting off SWIFT. This is not about the dollar. It's about the petrodollar. The EU and China will benefit tremendously from new emerging technologies, and so will the USA, but in relative terms, countries, and regions without oil and gas will benefit the most. It won't happen overnight, though, but we'd better start learning to live within our means because, in the future, we won't be able to print our way out of trouble as easily. As goes oil, so goes the dollar. Not to mention Digital Yuan and Ripple's XRP. The Saudi transferred over $400B US Dollar through XRP, bypassing SWIFT and the Dollar, saving a lot of money and time. As the US stop innovating the strength of the US Dollar currency and banking system, new technologies are going to challenge and eventually replace the Dollar on the world stage. No more unlimited deficit spending and sanction power. In theory, the U.S. dollar should depreciate based on Current Account considerations. But for that to happen, foreign Central Banks -- including PBC, ECB, and BOJ -- would have to stop accumulating reserves to prevent their local currencies from appreciating against the U.S. dollar, and excess global savings (financial flows) would have to stop coming to the U.S. Also, China would have to lift all capital outflow restrictions on the yuan, including eliminating the $50k annual personal allowance limitation. So, as Yogi Berra once said: “In theory, there is no difference between theory and practice. But in practice, there is.” A great reason to onshore U.S. manufacturing! We off-shored a good chunk of our industrial base to save money (labor costs). Now, significant U.S. dollar devaluation could change that calculus. The dollar is right where the federal reserve has manipulated it to be. When the Federal Reserve is the only one in the country allowed to price fix, this is the result. Markets with price-fixing from the federal reserve we don't have markets. The cause of the savings decline is from the federal reserve policy. The Fed has made it illegal to save. They have destroyed the time value of money and given it away to its owners the too big to jail banks. Bailing out banks who sold fraud as AAA with the interest that savers once got. The banks used to be partnerships where if they took on to many risks, it was the partners who suffered. That all changed in 1980 when the banks became a corporation. Nowadays, profits go to management with stock options, and bonuses and the stockholders, taxpayers, and savers pay for the loss with bailouts. Also, in 1980 after putting off the losses on the public, it increases the risk of gerrymandering the way inflation is the measure. If we used the 1979 way of measuring inflation, it would have been well over 10%, and the 28 trillion of printed money would have never been allowed to be printed and then stolen. It is the for sale to the highest bidder politician and the federal reserve robbing and pillaging the treasury that has gotten us to this point. The riots in the street are not from the police killing the black man in the streets; it is just the spark. The riots are from the federal reserve policies destroying the saver and his time value of money, giving it to the banks and wall street to commit more and more crimes with it. From denying inflation while the politician sells out the countries jobs and way of life to the highest bidder while the rule of law looks the other way. The FEDs mission since 1913 is coming to its last innings. The lender and buyer of last resort mean they are buying it all. As currencies devalue, the only safe haven will be the true money of gold and silver. Gold will be 10k and silver 350 Oz within five years. Bitcoin will be 50k or worthless as backed by nothing. From a historical perspective, the US is showing classical signs of empire in decline: ambitions and expansion far beyond its natural borders, internal contradictions surfacing, question marks over economics. However, historical perspective shortens time frames; in reality, empires were falling gradually over a century or centuries. All fiat currencies in history have failed from abuse from the banker and their politician. All currencies in history have failed in the end, sort of by definition: When civilization fails, its currency fails. The Pound lost its hegemony over the global financial system ONLY after fighting two epically expensive world wars. America has done the same,$7 trillion wasted in middle eastern wars. America is now in full tilt retreat. From unsuppressed insurgencies in our cities to gross political dysfunctionality to gargantuan fiscal debts, both public and private, we are now headed down a road from which we will not return. Strap into your seats tight; it's going to be a very bumpy ride. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉Fed to Introduce Digital Dollar to Prevent Bank Runs and have Total Control Over Money

lynda.com@gmail.com (Politico Cafe) — Tue, 6 Oct 2020 13:58:00 -0700

👉Fed to Introduce Digital Dollar to Prevent Bank Runs and have Total Control Over Money The Fed to Introduce Digital Dollar to Prevent Bank Runs and have Total Control Over Money Empty storefronts all across the country. Significant rise in homelessness. Repossession of cars,and consumer goods. A tsunami of personal bankruptcies. Mortgage defaults; and credit card defaults. Big box stores empty. Ballooning debts and deficits.Tens of millions in permanent job losses.Near-zero interest rates. Endless repo transactions. $1 trillion deficits year after year. Record corporate and household debt. GDP down 31.4 percent during the second quarter of 2020; a drop without parallel in all of US history. New York and California are rapidly turning into larger versions of Detroit. We are on the cusp of civil war. The jobless figures are going parabolic. More than 60 million Americans have filed new claims for unemployment benefits so far in 2020. We can expect more layoffs, reduced domestic consumption, slower growth. The Fed will probably cap its QE Forever stance at 9 to 11 Trillion. The next fiscal GIFT giving will probably come in at $2T. The trade deficit continuously increasing. U.S. Trade Deficit Widened in August to Largest Since 2006. This is the largest trade deficit in 14 years, and the 2nd worst in history. But the deficit in goods surged to $83.9 billion, the largest ever. We were promised to make America great again by winning trade. Instead we are losing the most in history! The biggest financial crash of our lifetimes is coming, and this time there is no recovery because we lost the petrodollar! That privilege is about to be withdrawn. A crash in the dollar is likely, and it could fall by as much as 35 percent by the end of 2021, experts warn. Will the survivors of this Ponzi scheme trust another fiat currency backed by nothing but useless government promises? Given the size and growth of U.S. government debt, a government guarantee may be worth nothing, especially in world markets. All of this will be used to introduce digital money to replace the US Dollar. A horrible idea that any fascist government would love. A complete government control over money. Create the problem, Wait for reaction, Provide the solution. Can you count all the wonderful things that have happened when the government gets more power? The systemic imbalances we have now are a DIRECT result of what the Central Banks did to fix the problems they created in the last boom/bust cycle. Digital money will stop the ability of people to initiate bank runs. That and control, and watching every single purchase people will make. The IRS would constantly seize your digital account in nanoseconds whenever they think you owe them a cent. Or, they can just inject a computer chip in our brains, and we can walk around in circles waiting for our next command. Every successful task completed, will deposit imaginary money into our brain, which, when then be secretly deleted. Rinse and repeat. I think I would rather go back to shells. Here's the thing. I am all for making banking and transaction more efficient. What worries me is the whole negative interest rate part. The moment that happens, I'd take my cash out of the bank and part it in a secure offsite location. IF there is no cash available except for e-dollars, then that option is gone. And that is what bankers are really worried about. They worry that People will take out all cash and secure it in a safe in a place unknown to the bankers. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Cashlessness is wicked. Totalitarianism. Abolishing cash is a top priority for globalists. Why? Because cash enables freedom, self-determination, and privacy. These are concepts that must be eliminated for a One World totalitarian state to come to fruition. Never relinquish your precious metals people, no matter how illegal they may become. This eCurrency simply seems like taking away the ability of someone to avoid a negative interest rate by holding cash under his mattress. Twenty-two percent of American households are unbanked and use the physical currency. It is unclear how those households could ever use digital currency. An e-currency would allow them to have a free bank account with the Fed. I would rather not have the government be able to track every transaction in the economy. Digital currency will lock in Government insight into everything you do or buy. And it will be linked to your social credit score, so they can fine you for saying: END THE FED! An unlimited supply of money, created by the fewest number of people, because of digital currency. No paper trail and no audit. What could go wrong? And who has access to this digit creation? A few elites. In a cashless society, your account can be frozen or, worse yet, drained by a government that is unhappy with your political leanings. And you have no recourse. Big Brother would love a cashless society. Digital currency is also a hacker's dream. People's growing trust in all things digital seems to fly in the face of logic since so many digital things have been compromised. Credit cards, credit companies, Facebook, iPhones, and the list goes on. Just imagine the value of an American E-dollar after a single hack into the system anywhere. Digital currency would make the USA even more vulnerable to electronic disaster. A solar storm, EMP, hackers, grid fail, etc... Maybe that is the involved governments' plans. A little convenient outage, and they can write off all the savings of people and say start over equal. Four places I used my digital currency card were hacked in the last couple of years. Luckily I wasn't off on a European vacation. I was forced to get new risk free digital currency cards each time. Until the last, when my risk-free digital currency card ended up shredded in a dumpster. This is nothing more than a way for a government to know, control, and tax everything you do, and it gives them the hackers' ability to cut you off at any time. In times of crisis and a bad economy, we will see negative interest rates for all of our e-dollars. And then, when the economy recovers, the negative rates will persist or be replaced with fees for simply holding your own money. Another shameless money grab by the government and big financial institutions, you know, the ones that make all the rules. Power and autonomy belong in the hands of the citizens, and the ability to hold currency is vital to that. The fed coin will be created as an instrument when hyperinflation hits; all instruments explode in price. It happened in Weimar Germany and Venezuela with their stock market as their currency was hit with 500 percent inflation. The stock market will rocket when hyperinflation happens, and the fed coin is just a way to keep the unwashed masses happy and distracted as they usher in their new system. Its a paradigm shift, frequency change. The US abused its privilege with the dollar. The world is heading toward a multi-polar world..no more global hegemons or global currency. It's a damn shame that the United States abused its privilege and will have sacrificed its reserve currency status, only to save the wealth of the already obscenely wealthy. It would have been different had it been to rebuild infrastructure, pay off private debt, education programs, institute nationalized healthcare, hell, even colonize Mars. But instead, the privilege was thrown away on nothing more than a garden variety corrupt looting of the country by the wealthy and politically connected. That's usually how it goes. The US is rich, but most money in Wall Street has nothing to do with Americans.Half of the US population is struggling to make ends meet. With 1 million jobless claims piling up on a weekly basis and everything else that the middle school kids can figure out, most people STILL don’t even realize we have already entered a depression. The question is, will it be more severe than the Great Depression of 1929. Sad and disturbing that people can be so dumbed down. The last thing we need is government, as corrupt and partisan as it is, to totally control our medium of exchange. This is akin to having all our wealth managed, controlled by a single entity. Already, we see Trump trying to manipulate Powell, to infringe on its non-political status, to juice our economy, to hype his vision on how to leverage us further. I can see a dual system that evolves, still enabling currency as legal tender as well as metals, so we do NOT repeat the government demanding the surrender of privately held gold in the past and all currency in the future. Just look at what has happened to our DEBT since 1981. Debt is growing 3 times faster than our GDP. We have grown debt $27T yet have NOTHING to show for it. No resolution of entitlements, healthcare, education, infrastructure, poverty, drugs, immigration, and YET we'd consider empowering politicians to control ALL our wealth? Government, nor politicians can be trusted today. Look at problems with our Justice Dept, FBI, IRS that seemingly have been manipulated by political operatives. The US has one of the lowest savings rates and runs a consumption economy. The only thing supporting the US dollar is it's Military and government over-throw agencies (i.e., CIA, US State Dept, etc.) and that the Dollar is the world's reserve currency. My guess is the US is losing its grip and is going to be focusing on withdrawing its overseas empire this decade. There is no way out! TOTAL war or 3rd world status...because there are just so many US treasuries held by foreign 3rd world countries;they will demand oil for dollars, but IRAN will say I need a lot more dollars or I won't accept dollars! There is no better way to describe the international monetary system today than through the statement made in 1971 by U.S. Treasury Secretary John Connally. He said to his counterparts during a Rome G-10 meeting in November 1971, shortly after the Nixon administration ended the dollar’s convertibility into gold and shifted the international monetary system into a global floating exchange rate regime that:"The dollar is our currency, but is your problem.” This remains the U.S. policy towards the international community even today. What an insane world we live in. Central banks and worthless fiat money are the problems, NOT the solution. We never had problems like this when the dollar was backed by gold. The full faith and credit of the US government are worth less than zero. What we need is a return to a gold or silver standard, ban all notes of credit, give the dollar a real definition, and abolish the Federal Reserve. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉JP Morgan Fined $1 Billion for Gold, Silver, and Treasury Markets Rigging.

lynda.com@gmail.com (Politico Cafe) — Wed, 30 Sep 2020 07:53:00 -0700

👉JP Morgan Fined $1 Billion for Gold, Silver, and Treasury Markets Rigging. JP Morgan Chase was just fined $1 Billion by US regulators for rigging the precious metals and treasury markets. JPMorgan to pay a record $920 million to resolve U.S. investigations into trading practices over its role in the manipulation of global markets for metals and Treasurys. This is the largest fine ever for spoofing in the metals markets. Scotiabank , who was also recently fined $127 million, together with JP Morgan used spoofing to lower precious metals prices and take the gold right off of the market. The bank quietly settled a long-running lawsuit that accused the bank of manipulating precious metals markets with spoofing trades. One billion fine is nothing. JP morgan has trillions. A billion dollars is like a chump change to them. A drop in the bucket. That's just a small tax on their criminal activities. A drop in the bucket compared to the money they have literally stolen from others. They need to be fined the entire sum they have made in profits doing this over the past 20-40 years. Governments and judicial systems need to punish them severely (not just serious fines but jail as well). And what about retail investors who have lost and or suffered stress as a result of JP Morgan's actions? They should pay compensation for losses due to their manipulation. And they should not be allowed to trade for ten years. These people should be jailed and shut down. They are criminals running a criminal business.Billion dollar fines obviously are laughed at and isn’t slowing them down a bit. It looks like they could get these fines all day long. Crime does pay after all. Manipulate at will, make 10 billion in profit, get caught, pay a 1 billion fine, no jail time, repeat process. Sounds like a winning strategy to me. Silver was just slammed again this week. They just keep doing it. It is mind-boggling the extent of the corruption, manipulation, and greed that is constantly on display by these immoral institutions. Jail time and revoking their license should be the only option. But justice is a comedy in the US. Some people like Jamie Dimon are just simply above the law. The options market is used to take massive paper profits by the same banks that are shorting futures and spoofing prices down, with little to no risk. The $1 billion fine is clearly not enough. If you REALLY want to fine them, make them pay in gold! JP Morgan now has in the trillions in gold. The banks and wealthy individuals have already won by taking possession of gold and silver at discount rates. They’ll be laughing at the fine.Total unaccountability.The system is a mafia-style racket. So they’ll recover that money and its back to the next rort/fraudulent dodgy deal; as usual. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. For eight years, a group of traders at JPMorgan systematically spoofed precious metals and Treasury futures markets by entering hundreds of thousands of orders with the intent to cancel them before execution. When everyone was short Crocs, the hedgies bought big, causing a short squeeze. If everyone went long silver, the price would come down. If everyone went short silver, they'd cause a short squeeze. The house always wins. The manipulation by banks has been an on-going debate for more than ten years. However, no one has actually demonstrated through quantifying the data on how and why this actually works; spoofing on the surface may appear to only affect short-term trends, but obviously, this is not the case. Banks and the inside-elites are able to short and basically legally rob all the longs on the way down, close out their short positions and then jump into the futures delivery month to take physical. The only way to stop this is legislation or enforce limit positions. JP MORGAN should not be allowed to trade in gold and silver due to the conflictual nature of their business. They should also be prevented from contracting the services others to do so on their behalf. Like HSBC and laundering money for the drug cartels, nothing will change. A small fine(relative to the profits) , but no one gets arrested. Those who lost their money due to the rigging are not receiving any compensation for their losses, and the crimes continue immediately. The Dimon´s and the likes need to be put behind bars for this to stop. This was a slap on the wrist, a light slap compared to the profits they've made. The precious metals are getting slammed again—business as usual. To people who save gold to combat these uncertain times, these spoofing activities are, to say the least, troubling. The fine is not even a slap on the wrist, but rather, just the cost of doing business in order to pocket multiple billions. It is inconsequential to these thieves. I vote for jail time. Surely this will get their attention. One billion is a kickback for the trillions they've made. Wrist slapped; keep going. I wonder what sort of miracle it will take in history to see some of these guys go to jail? This is ridiculous! No more fines; Jail time must be served. Revoke their licenses. Jail the directors. Seize the assets. Not only should JP Morgan not be allowed to trade gold or silver, I think they should have to give up their entire supply of both for rigging the markets. The fine they received will pale to compare with the gains they will make from manipulating the markets. You know they have connections when they never go to jail! It's pretty clear Jp Morgan is part of the club. This is a con game between the banks and the government. Very profitable for the government. It's more expensive to take the banks to trial. JP Morgan is untouchable; they are a schill of the Fed. And the Comex is still doing what they have been doing until the Fed is dead. All markets are rigged. JP Morgan is an agent of the Fed. Their manipulation of precious metals was on behalf of this criminal corporation. This is why the CFTC investigated their silver manipulation for five years and then did nothing. They discovered they were acting on behalf of the corporation. JP Morgan is the same guy that created the federal reserve. JP Morgan is in collusion with the USDC corporation and the private Federal Reserve bank. You are delusional if you think something will be done about this issue. There are no good guys, only those playing their given role. The price will probably never go above 50 Federal Reserve notes per ounce. These men are silver pushers, and I'm sure they get kickbacks from sellers. Like in the movie Training Day, it doesn't matter what you know, only what you can prove. They are all working together .So don't expect anything to happen. Much more importantly, the government has the authority to manipulate the price of precious metals. They never talk about that because they just want to push the metals, so again they are metal pushers. They create currency because they use people as the surety for the debt of the USDC, and they are US citizens, also known as 14th Amendment citizens. JP Morgan are above the law and are clearly not going to have to change anything. It seems whatever they do, the Fed has to accommodate. And there is no end in sight to these crimes. What if the big buyer behind JPMorgan’s gold and silver purchases are actually the U. S. Government. Assuming all the Central Banks are keeping a close eye on each other’s gold reserves (or as close as they can get to China’s).Maybe Uncle Sugar is allowing JP Morgan to manipulate the market to load up (refill) the U.S.’s coffers with physical while JP Morgan gets to keep the profits from the shorts. Since there’s been a lot of attention lately on the fact that some unknown entities were spoofing the market ;and the U.S. regulators appeared to be asleep at the wheel. JP Morgan was slapped with a token fine near the end of the scheme to do some track-covering. Now the dominoes begin to fall, As far as prices of the metals are defined by these markets, gold and silver prices are to be open to rigging operations. By doing so, they cause big damage to the economy, and they are stealing people's wealth. All of this has had the blessing of the US government and the Fed. Just look at how the SEC and CFTC do act or rather don't act, and it becomes more than obvious. This current financial system is rotten to the core because it was designed that way. It has to implode and be replaced by something that is transparent and honest. Bankers don't even see how that would be possible because they are the problem. The minuscule fine is strictly PR and designed to look big. In reality, it's just a cost of doing business, and JP Morgan is laughing all the way to the bank...oh, they are the bank! Haha! The spoofing joke is on us. All this charade is about is throwing us a bone, to quiet us down, to put on a show that DOJ/CFTC are doing their job.They are not. This fine changes nothing. The simple fact is this: the Precious Metals markets will continue to be manipulated, and prices suppressed to support the fiat monetary system AND to enable the rich folks to rob gold and silver from the COMEX for a song. Period. Don't look for this to change anytime soon.And before you think that astronomical valuations in terms of dollars will help you, it just might in the short run, but only at the expense of further impairing the markets and the economy and making life in the future more difficult for our posterity. In the near term, gold is still going to get hit and go back down for a while before the non-choir members rush in. So keep buying the dip. The markets will crash, oh yes, but they will also eventually recover even if this next crash and failure to recover is a function of deflating asset prices. And while many will pile into bonds when that happens, risk-free bondholders who NOW are holding risk-free? Well, they will make a killing. Sure, some who don't generally buy gold will panic enough to scramble for Precious Metals. This will cause prices to go up on this demand, possibly as never before. So for now, keep getting physical gold and silver and hold this in your possession. Don't screw around with phony paper products like the suckers do. With regard to true measurable value, value is only what governments say it is. Currently, governments have agreed that value is digits on silica chips. Thus, currencies are illusions. Not Real value. Pure, uncorrupted value equals only the necessities required to sustain life. Hence, currencies, including all other illusions, are known as gambling or taking a chance. In keeping all odds in your favor, for obvious reasons, you may consider real value before choosing the game of chance. Keep on stacking gold and silver, Stay Free, Stay Alive, life is good. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Debt, Budget Deficit, & M2 Money Supply Soaring to Record Highs!The Economy Living on Borrowed Time

lynda.com@gmail.com (Politico Cafe) — Sun, 27 Sep 2020 13:30:00 -0700

👉Debt, Budget Deficit, & M2 Money Supply Soaring to Record Highs!The Economy Living on Borrowed Time National Debt, Budget Deficit, and Money Supply are soaring. Massive evictions, bankruptcies, foreclosures, and homelessness surging. Countless businesses Shuttered. Sweeping unemployment is re-shaping the lives of millions of Americans, all while continuing to deal with the ongoing pandemic. The economy is being held together by stock buybacks and QE. The US economy is on fire just like the West Coast all while a pandemic and injustice is still raging. The systems have been broke for a long time, and now it's taking its last breaths. The fall of America designed from within has begun. The economy is finished and living on borrowed time. Over 27 Trillion in created Counterfeit Funny money with no end in sight. Over a hundred trillion in Unfunded Liabilities. We have been throwing money around as it grows on trees. Trillions are flying by so fast; it’s hard to even count them. The numbers are there. The United States hasn't seen debt like this since World War 2. The National budget deficit will hit a record of 3.3 Trillion dollars this year, which is more than triple that of 2019. And next year, the nation's debt will likely be bigger than the size of the entire economy. We are heading for an economic collapse, hyperinflation, and a Venezuelan-Environment that will probably evolve into Martial Law and food riots. And the stock market is NOT the economy. The economy is already in shambles. I'm not sure what more damage a -31.7% GDP economy can have. Americans should not be footing the debt bill of fake wall street's numbers by the Fed dumping debt money into it. I don't know if many Americans know this, but the Fed is artificially funding the stock market by dumping government money into it, our money, with zero benefits for us. Having 0% interest rates when we had unemployment under 5% had something to do with the markets. Dropping 7 trillion in invented cash on the markets in the last three years has something to do with the markets. Giving away 50 billion to large agribusiness over three years has something to do with it. The Fed mortgaged the future to have the perception of a good economy. The debt and deficit have never even been close to this bad, and that's before the pandemic. If a person could count one number every second, how long would it take the person to count to one trillion? Answer: 31,688 YEARS! In August, for the fifth month in a row, money supply growth soared to an all-time high, in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages. The overall M2 total money supply in August was $18.3 trillion, and the TMS total was $18.5 trillion. Since January, this is an increase of $2.9 trillion in M2 and $4.3 trillion in the TMS. Year-over-year growth in the money supply (as measured by TMS) came in at 37.56%. That was up 36.92% from July’s record rate. In comparison, the August 2019 increase in the money supply was a paltry 1.86%. As measured by M2, the money supply grew by 23.23% in August, nearly the same rate as of July’s record of 23.29%. The growth rate has never been higher, with the 1970s being the only period that comes close. Infinite money creation is an Absolute Consequence of our Keynesian Economics. At some point, the money supply creation goes VERTICAL by demand of this Failed Economic System. Total Fed assets surged to nearly $7.2 trillion in June. These new asset purchases have set a new all-time high and are propelling the Fed balance sheet far beyond anything seen during the Great Recession’s stimulus packages. The Fed’s assets are now up more than 600 percent from the period immediately preceding the 2008 financial crisis. And that is just the money supply creation that they let you see. There is a HELL Of a lot more being created that you can NOT see. We are now approaching 100 Trillion US Dollars that the US government has created that off the Books, spent without the knowledge of the American People, and is being used to destroy America, and that is coming! This is the end game. Either the system must be allowed to collapse, or we move to zero growth, total socialism. That's the horrifying long-term cost of all these bailouts. Had we let things wash out in 2009, we'd be on the road toward long-term recovery by now, but we just couldn't bear the immense short-term pain. The next four years will be about survival. Economic growth will be a challenge. There won't be slush funds for more freebies. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. 2008 the banking system collapsed, and we all knew why and who the culprits were. Their solution was, keep on printing your way out of it until you can't anymore, then start the Great reset and blame it on the pandemic. Our biggest crime would be to let them get away with it. It’s been bad since President Nixon took us off the gold standard. The national debt to GDP is the highest it has been since WWII. The current administration is no better than the last one in terms of debt financing. Congress has spent way too much money that they did not have over the last 4 or 5 decades. They were profligate with our tax dollars. Now that the Piper must be paid, suddenly we have a nice pandemic to blame for this mess. People will be starving in the streets right after the election. In fact, Uncle Sam added $3.3 TRILLION to the national debt since March. That is on top of the $1.4 trillion in debt piled on in the 12 months through February 2020. The 2020 budget deficit surged passed $3 trillion in August, even as the US government continues to borrow and spend at a torrid pace. As of 2019, there were about 128 million households in the US. So $3.3 Trillion is about $25,780 per household. Your family – that is, you and your kids, just racked up $25K in debt. Did you feel like you got your money’s worth? I’m trying to figure out what I have to show for blowing $25K since March. Shouldn’t we have some new parks, or some light rail systems, or a few square miles of solar farms. Next time we spend $3T in a quarter, I want to see some tangible social-good build-the-commons sort of thing happen. I want our money spent on something that does the country well. Stop pumping our money into what is supposed to be a free market engine of commerce and trading. The debt is going to be on us. Give us the borrowed money. We will rebuild the economy by spending into it, not by propping up capitalists who couldn't adapt to the changing environment. NO more special interests, donor class, big corp bailouts. If we are borrowing 1 trillion dollars, give each American 250,000 of it. The danger is if the federal government does too much. It is already running a $3 trillion yearly deficit and has a $27 trillion debt (equal to 137% of GDP), plus unfunded liabilities of $154 trillion. The federal government is financially strapped and needs to do fewer things better. We should begin a new period of federal government fiscal consolidation and restraint.For the long-term benefit of all citizens, and not embrace the vast new spending profligacy being contemplated regarding the pandemic and many other areas these days. There are many predictable dangers of this massive Fed intervention! It needs to end! We risk a massive devaluation of the dollar, and we simply can’t keep bailing out companies and the stock market! Artificially low-interest rates were a big part of the housing collapse 12 years ago! The Fed learned squat, and now we have another housing bubble coupled with a massive stock market bubble! We have to take our medicine and develop greater fiscal responsibility! You can only cut rates from 18% to 1% over a 40 year period once. Artificially low rates create fake wealth for a time but ultimately destroy economies. In the meantime, the ultra-wealthy cash in, while the average American suffers. The system was designed to end in total bankruptcy and poverty for the American people. Pity politicians never told you. The Federal Reserve was established to loot the nation with the printing press. They print IOU's that indebt you, the people. They call them Dollars to make them look like money. They give you these IOU's for your labor and your assets. They pay you with your own debt. This means they do not pay you at all on an aggregate level. This system ends when they can see the bottom of the barrel. Is it unique to the US? No, it is now everywhere. We will have a global collapse, and it pays to prepare. After all, what will you use to buy food when the Dollar is worth close to zero? Extend and Pretend. What choice did they have? How could they not give a spoiled population more and more and ever expect to get re-elected. Ask people to sacrifice while there are more millionaires and billionaires every week. The oligarchs have their plans in place to take their gold and flee when it gets ugly. Those certain wealthy people (insert familiar names) are promoting their sick Bolshevik agenda and will flee too when the pitchforks come out. Think Germany in the 1930s. The Great Reset WILL happen and likely by the end of the year. The next stimulus package will get approved and will kick the can for a couple more months. There is no solution that doesn't involve great pain. Massive layoffs of overpaid government workers are necessary and will cause a cascading effect. More foreclosures, more Lexus's, boats, the repo'd, etc. Congress had no reason to control their deficit spending with the Fed coming to their rescue. Very bad policy enabling the irresponsible children in congress to spend recklessly. Twenty-seven TRILLION can NEVER be paid back, and much more to come. If you think people in the big decaying cities are angry now, just wait! With pro sports on life-support (a good thing), what happens to all those overpaid athletes who only took a few "required" college classes so they could play football? They get cut from the team, and what future do they have? None. No education. Go home and complain how unfair it all is. The repo man comes for the new BMW, and the ex-girlfriend is demanding child support. What the hell, join the protests (read riots). Prepare now; this is going to get real ugly. Very few thought the first Civil War would occur. Own good stuff with no debt and be prepared for some hard times with extra food, protection, and some entertainment. Be as healthy as you can be too. Everything else is just a distraction. Like a frog in slowly boiling water plus Smoke and mirror games to deflect the critics away from the truth, it is already happening now. Main Stream Media is complicit! Nothing here, just move on! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

The 2020s like the 1930s -- Unemployment, Debt, Poverty,Homelessness,The Stock Market, Skyrocketing

lynda.com@gmail.com (Politico Cafe) — Sat, 12 Sep 2020 14:11:00 -0700

The 2020s like the 1930s -- Unemployment, Debt, Poverty,Homelessness,The Stock Market, Skyrocketing Unemployment and debt skyrocketing. Temporary layoffs being replaced with permanent layoffs, Businesses who took the payroll protection program loans which will not have to pay the money back if they retain workers without laying anyone off, will then begin to lay off people after their obligations are met, businesses that have, and will continue to be permanently closed, stimulus money drying up, exposing the scammers of the paycheck protection program, end of eviction moratoriums, unemployment money drying out, and the most important thing, the real panic that will result from when the secretive federal reserve has their cronies pull all that free money from the markets. The wealth effect will turn in to a massive poverty effect. And you think the oil companies are hurting now? We ain't seen nothing yet. All that gas that will not be burned due to people not having jobs to drive to anymore. Spenders will become savers, slowing our economy even more. Or, people simply will have no more money to spend, only credit that won't be repaid. All this is right around the corner. The only thing keeping things afloat now is all the money the government is pumping in. And all that money drying up. Unemployment gone, no new stimulus rent moratoriums will expire, leading to mass homelessness and foreclosure. All hell gonna break loose. America's debt has soared past 26 trillion dollars and is now expected to leap by several more by the end of the year. This debt surge would have been unimaginable just a year ago, and adding to our woes is the road ahead appears bleak. It's over for America. The lockdowns have destroyed millions of jobs, millions of businesses, and trillions of dollars in capital. There will be no V-shaped recovery. Any more than the Titanic had one. Expect the 2020's to be like the 1930s. Expect America to be much poorer and much less free. No, money doesn't necessarily concentrate among the few. Not if we have a sufficiently free society. But given how the economy is being destroyed pretty soon, only the super-rich will be left. Thirty million people don't have as much income as they had in March 2020. Most people live paycheck to paycheck. America has reached the bottom of the barrel. The U.S. jobless claims, including federal filings, rise fourth straight week in a sign of a stalling labor market. And the Fresh wave of layoffs threatens to keep unemployment elevated. The number of Americans who applied for unemployment benefits through state and federal programs rose in early September for the fourth week in a row.Signaling that a gradual improvement in the labor market during the summer has stalled. 884,000 in the week of August 30 to September the 5th. State unemployment numbers show Longer-Term ongoing unemployment claims have increased from 27 million up to 29 million in recent weeks. The number will only continue to rise; we will be over a million a week shortly. Most restaurants and bars across the country are shut down. Many farmers are hurting because the restaurants that bought their stuff are closed, and they have to give the stuff away or let it rot in the field. Many states still in lockdown, so there is no job to go to. Lots of people are not covered by unemployment. If an employee wants to sit home and collect his bonus and refuses to go back to work would be fired on the spot after a given warning, which will cancel their gravy train. There aren't enough jobs for all the unemployed. That's kind of the problem. It is the people who were furloughed but still received pay from their employers because of the first COVID bailout bills. As that program has expired and the money is all gone now, the companies are trimming staff in order to right-size them to meet demand. The worst is yet to come. States have lost massive tax revenues. The bleeding hasn't stopped. When the unemployment runs dry, states will have millions of new welfare cases to take on. Pension debt is out of control, and taxes will go up significantly on those left with jobs. People are not paying their taxes, municipalities, school districts, transport authorities all have to start laying off people. These are all well-paying jobs. A lot of these people are owed public pensions. This will precipitate another crisis as sufficient money was never put aside to pay out so many retirees at once. Social Security, Medicare, Medicaid, State and Municipal pension funds will all go bankrupt because the 29 million unemployed are not paying into the system; instead they are drawing extended unemployment. The poor stay poor, but they got free stuff, the rich get richer, flirting with power. The majority of middle-class Americans get squeezed by stagnant income and higher living costs and taxes. A small percentage of them will join the rich, a certain percentage will stay in the middle, and the rest will join the poor. More unjustified, manufactured gains pumped into the most grossly overvalued market in history. The Stock Market is up; that is the only thing that is important. Screw all the little people. Lowering corporate tax rates from 35% to 21%, so companies buy back their stocks, was a poor idea. Sixty of America's top 500 companies paid no taxes during 2018. Amazon and Netflix should have paid a collective $16.4 billion in federal income taxes based on the Tax Cuts and Jobs Act's 21 percent corporate tax rate, but instead, these corporations received a net tax rebate of $4.3 billion. And still, the US markets continue their merry way, like a drunkard intoxicated while drinking from bottles labeled borrowed money and printed money. Last days of the Roman Empire. The US Dollar is headed to zero. Dow 50,000 and NASDAQ 25,000 is just around the corner. When Venezuela, Argentina, and Zimbabwe destroyed their currency, their stocks went to the moon. The disconnect between the Fed's stock market prop up, the small number of companies (mostly tech) absolutely making money hand over fist, and what is actually happening on Main st with small businesses and the actual economy, is so huge, so seismic, it hasn't even come close to being addressed yet. But that doesn't mean it won't. The top 10% owns something like 85% of the stocks. When the Fed and Treasury do things to benefit stocks, it's not even close to evenly distributed. So the ordinary guy with a $25k 4o1(k) gets to see it go to $30k. Big deal. He's more harmed by the inflation, which is eating away his purchasing power from his wages. No one will care until they are literally standing in a bread line. That’s the problem. It is what it is, and there is NO WAY back out of the growing mess and growing Debt our nation is in. By the end of 2021, MORE than 50% of all of our nation's workers will be unemployed and with most of them facing Homelessness. Rest In Peace The USA. Our Nation and Our Economy is now too far gone, and there will NOT be any Recovery in the next 50 years,regardless of who our future President is. The day of reckoning may be coming, as it did to Rome, Greece, Great Britain, Spain, France, and other former empires. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Don't forget to subscribe ,And please don't forget to hit the little BELL button to get notifications. Six months in, and the weekly jobless claims are still higher every single week than the pre-COVID record. And then there's the fact that the number of people on unemployment insurance is actually going up, not even staying flat. What's going to happen when state and local governments, starved of tax revenue and facing huge COVID-related out of pocket expenses, run out of cash and need to shed jobs by the millions nationwide? If they don't get relief soon, this is almost a certainty by year's end. The jobless claims are not going down at all. What's happening is less people being approved since they only count people who are jobless and are approved to receive unemployment. The number is much, much higher. Many jobs are lost permanently. This pandemic probably marks a new job market era/revolution with all the remote work and because many organizations realize they can survive with less employees. So many people’s unemployment has run or is running out, and their jobs are not back yet. The economy was tanking before the pandemic hit. The shutdown and its trillions of extra dollars spent will make the crash all the more biggly. Even before the virus, over 50,000 retail stores had closed their doors forever and gone bankrupt. Then along came the virus to make matters even worse. Our nation's malls and shopping centers had a growing number of vacant stores from long before this virus hit. Our Nation's GDP shrank by over 30% last Quarter. Many state governors are starving small businesses. Take New York State Governor Cuomo just announced he would let New York City restaurants open at 25% capacity once the mayor puts a security staff in place to ensure compliance. Are we living in eastern Europe in the 1940s? No business is going to make a profit of 25% capacity. Many will (if they haven't already done so) permanently close. Same for casinos. Indian casinos in NYS have been open since July. No virus spread has been linked to any of them. They are following NYS rules, but don't have to. So now he's letting the private casinos open, but at 25% capacity, how long will they survive? So half of their employees will remain unemployed. Restaurants that previously stayed open late now all close at 8 pm. Walmart uses to be open 24/7 - no longer. Most stores close at 8 p.m. Others have closed for good. There are jobs, but many require specific skills, experience. And, many of the unemployed got used to making way more money then they did working and are finding it hard to go back to work for less money then they received being an idol. Where's the incentive? They want you to believe in a socialist society where you are dependent upon the government. Life will be good (in your dreams). That is until the dollar devalues and government money runs out, as those that choose not to work also do not pay taxes. But, don't worry about those at the top. They will just get richer. People returning to their same jobs because their mayor's allowed them to reopen is not adding jobs. No jobs coming back at the 100,000+ small businesses closed permanently thanks to the government lockdown. More than 100,000 small businesses have permanently closed due to coronavirus. No doubt bankruptcy attorneys are doing record business, however. A new study estimates about 2 percent of small American businesses have closed for good. Thirty-four percent of small business owners said they are either paying reduced rent or are delaying payment. Three percent of restaurant operators have gone out of business. Eight hundred eighty-one thousand additional unemployment claims filed last week alone. A number that will later be quietly revised up, as is the case every week, as unemployment claims are now approaching 60,000,000 over the last 24 weeks. 8.4% are no longer reporting unemployed because congress went on vacation and failed to extend unemployment benefits. Employment numbers come from a monthly survey, which is highly subject to timing in the month. August used the early week before the impacts of CARES act programs ending were felt, which would have a large impact on consumer spending and hiring/layoffs. I have no confidence that Wilber Ross's Commerce Dept, who oversees the BLS, made the proper adjustments. The same issue we had when 14% instead of more accurate 19% was reported back in July. Folks who said they were employed but in actuality were furloughed and not being paid who should have reported themselves as unemployed did not. Now we are hearing of these folks getting official pink slips. LET THE GOOD TIMES ROLL. HAPPY DAYS ARE HERE AGAIN! According to shadow stats, the REAL unemployment rate is closer to 30% of working-age Americans. We've lost 58+ million Americans who have applied for the first time unemployment.And we've gained 10+ million jobs.How does that equate to the magical numbers from the BLS??? The continuing claims drop is because millions who lost their jobs in March are no longer getting unemployment.In New York State, it's only for 26 weeks. These DOESN'T mean people are working,they just don't count anymore. BLS un-employed data doesn't count the 65+ million US citizens, that is, NOT PARTICIPATING in the workforce. Adjust that 65 million to almost 100 million. The criminal doesn't even begin to describe the massaging of these numbers. The official unemployment rate of 8.4% is absolutely hilarious. 100% fake. It is probably more like 25%. Sixty million people are collecting unemployment benefits, out of a total 150 million max working-age population. How does this work out to be 10 percent unemployment in anyone's math? Unless it is the new black math that we hear so much about and is being taught in $100k a year universities. It seems more like the actual unemployment of working-age Americans is closer to 40 percent than 10 percent. According to the labor dept's own statistics, new applications for unemployment assistance exceeded 1 million a week for over 19 weeks straight. At the onset of COVID, it was well over 3 million per week. Ten percent would mean 15 million people are collecting unemployment. It seems the government has also adopted the new black math. Forty percent is the new 10 percent. It's as much of a fraud as is a hedonic adjustment in the calculation of inflation. Unemployed people are those still desperately looking for a job; you don't count those who have given up (not that this makes sense anywhere). If anyone thinks employment has made any significant recovery,he is smoking something. Every week shows more and more businesses closing or downsizing. Something like 25% of the vaunted 1.8 million was in temporary census-taker jobs that will go away very quickly. The big three airlines alone are talking layoffs in the tens of thousands each. The Port of LA reported that container cargo shipping is way, way down. In California, I believe something one million people that filed unemployment claims have not had their claims processed. Because of that, it's likely that those one million people aren't in the unemployment statistics. Sure, a lot of people are working from home, but if there really was an "impressive" recovery in employment, why am I able to drive on the Bayshore Freeway from the mid-Peninsula to San Francisco at the morning rush hour without once tapping the brakes? Why, during a Friday afternoon rush hour, can I go into Foster City from San Mateo, a trip that pre-CoVid could take 45 minutes to go about 4 miles, in about 10 minutes? It's because there is a shitload of people that are NOT working, and because of the lunatic governor of this state, they aren't going to be working any time soon. Many brick and mortar jobs have been permanently lost, several million if not 10. The massive printing of money leads to inflation, and this round is not trivial. It is massive. Real wages will fall dramatically. Already going on. Been to the grocery store lately?, been to Home Depot lately to look at 2x4? Prices? I would say 5% real wage deflation over the next year as prices rise with little wage pressure due to high unemployment. The government trying to fix everything by making commerce illegal and creating mass unemployment, then bailing out anybody and everybody with the printing presses running 24/7 is no solution. Society will look back at this and say what an idiotic and overdone response to COVID. Idiots fixing things. It was cover for the largest smash and grabbed in history. $27 trillion debt, of which $8 trillion was added in the past 43 months. With $8 trillion thrown away, we still have a GDP contraction of 32.9%! Without the $8 trillion, what sort of contraction should we have had? 69%? $8 trillion is about 50% of our annual GDP before Covid. We seem to have an economy filled with holes that lead to the pockets of the few and corrupt. Between DC, Wall Street, and Silicon valley and public Unions.The PERFECT STORM IS COMING! America, the most powerful nation, is flat broke, but the rich are doing well. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉The FAANG Bubble Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst

lynda.com@gmail.com (Politico Cafe) — Wed, 2 Sep 2020 17:25:00 -0700

👉The FAANG Bubble Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst

The FAANG Bubble now Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing the Dot-Com Bubble High. It is up 1.2% today. There seems to be no end in sight. The Nasdaq is in an almighty bull market. The Nasdaq won’t stop going up. The indices are going up and up every single day, without good news and even with bad news. The entire stock market today is being lifted by just a handful of stocks. It looks like every single dip is bought. Prices bear no relation to earnings. Just half a dozen stocks account for more than 50% of the index. It’s way too geared. It’s going to crash. FANG Stocks Up 400% Since 12-31-2014, S&P 500 Index ex-FANGs up 35%, S&P 500 Index up 45%. Take that in for a minute. $100 invested in the FANG stocks (Facebook, Amazon, Netflix, and Alphabet is worth $403.90 through yesterday. In comparison, $100 invested in the S&P 500 ex FANG is worth $135.12, and $100 invested in the S&P 500 is worth $145.31. Five years and nearly five months. If you were to equal weight, your exposure to the four FANG stocks, your gains would be even better. $100 grew to $522.43 over the same period. The point here is that just four stocks are driving returns of the major indices – especially the cap-weighted indices. At the end of April 2020, FANG stocks represented 16.38% of the S&P 500 Index . Add in Microsoft and Apple, and together the FANMAG stocks represent 21.38% of the index. It is the large over-concentration in just a few names that are cause for concern. FAANG contributed about 358 Basis Points of incremental IRR to your S&P 500 total return over the last five years. FAANG outperformed the market significantly, starting in 2016. FAANG is an acronym that refers to the stocks of five American technology companies: Facebook, Amazon, Apple, Netflix, and Alphabet (formerly known as Google). Welcome to the Technocracy . All Your Base Are Belong To Us. The six horsemen are looking wobbly this AM. But algos swooped in to buy the dip. The pumps fire up at 10 AM sharp, and the manufactured gains resume. Another day of fraud in the first legalized Ponzi scheme in world history. I keep hearing: don't fight the Fed. To that, I say, read Ponzi Nation by Edward Chancellor, February 07, 2007. Chancellor predicted both the 2000 and 2008 crashes, and he places much of the blame on the Fed's easy money policies. Ask the people who paid $1.2 million for an New York City taxi medallion because they were buying a government-supported monopoly. After the advent of Uber, they lost 85% of their value. That's the problem with buying things you know are overpriced based on the belief of government support. What the government giveth, the government can taketh away. As I said before, I'm going to enjoy watching this bubble burst. People need to be taught a lesson that wealth actually requires hard work, not just printing and bubbles. There is an old saying: It's all about the economy stupid. Our nation's economy has already crashed .Nearly 60 million unemployed, the biggest decline in our nation's GDP ever seen, federal deficits and Federal Reserve balance sheet skyrocketing, and federal spending is now far higher than incoming tax revenue. Yet here we are in the Twilight Zone where none of the economic factors seen the impact Wall Street , which is now totally disconnected from Main Street USA. One hundred eighty-five thousand virus deaths and trillions of government and corporate borrowing, and millions of people not paying their rent or mortgage now. Nothing matters here in the Twilight Zone. All I know is I won't buy in at these prices no matter how high they go ,unless earnings literally double. Circuit breakers will be igniting like fireworks. Not to mention that the Fed's liquidity is becoming less and less effective. Sooner or later, investors are going to learn that markets are bigger than governments and central banks. It will be exciting. Everyone is expecting a drop. What they're not expecting will be the magnitude and quickness of the drop. Right now, we're at the end of a Jenga game. Everyone knows that the entire financial system is unstable, but is hoping for a few more rounds to let someone else knock the tower over. But when everyone KNOWS their stocks are overpriced, they'll all try to sell at once and blow past their sell stops. We've seen this game before. The market is on such tenuous footing that I guarantee most will not be able to get out when a large drop starts. I'm serious. We could have a 30% drop in one day. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Tesla is a sign of things to come. It certainly is demonstrating what a busting bubble looks like. Tesla now has a greater market cap value than Toyota, Volkswagen, GM, Ford, BMW, Mercedes Benz, and Hyundai combined! Those combined car companies sell over 60 million cars per year and Tesla around 500,000. You do the math on the craziness of Tesla's valuation. Tesla investors think that Tesla is the only car company present and future that can and knows how to build a car chassis, body, and put a battery pack underneath it. Seriously the Price to Earnings Ratio will never fill in the value proposition unless Elon musk becomes emperor of Mars .Which is ironically more likely than Tesla valuation making sense. Tesla is down 25% on news that the company's largest outside shareholder Baillie Gifford, is reducing its position in the company. And this just one day after the stock split, and the company announced plans to sell up to about $5 billion in new shares. A mere coincidence and absolutely not insider trading at all.Sarcasm! Parabolic chart, parabolic stock. Like the Dutch tulip frenzy so long ago, Tesla will descend. This company is a total con. But like apple, there is no shortage of ectomorphs willing to buy its crap. Too many idiots and too much free cash in the market. The vampire squids of Wall Street have been frontrunning the mom & pops, with a very modest PE of 1222.47, especially for a company that has never been profitable ,and likely never will. Tesla's stock has already soared about 500% in 2020, and the company is now worth about $475 billion. Elon Musk, with a net worth of $115 billion, is now the third richest person in the world. He is now richer than Facebook CEO Mark Zuckerberg. But the richest man in the world is now Amazon's Jeff Bezos. Bezos will just buy robots faster. They don't get sick, pregnant, tired, hungry, or vote. No PMS, cramps, mood swings, morning sickness, nor HR complaints. No salary, no lawsuits, no unnecessary opinions, no ethics, no whistleblowers, no coffee breaks, no lunches, no corporate gatherings with the underclass, no motivation talks. But how about the customers? Who the hell needs customers when you can have an obedient army of robots. They also don't consume cheap plastic from China either. Bezos is hardcore. His workers don't get pee breaks. They get low pay and stand for twelve hours a day. They can't form a union. If you think this is just Amazon, you are a fool. Not a single major corporation wants its labor force organized, and most of them have people actively engaged in undermining those efforts. Of course, it's a lot easier under a global economy and when dealing with third world countries that don't care about their own people. This is the #1 priority of the Human Resources department at every company. It has been that way since the '70s. It's no secret. Stocks relying on dumb money (Tesla, Apple, Zoom, and the likes) will be in for a reckoning, sooner or later. Forget earnings, ok, but P/S above 20 is not sustainable. With tens of millions unemployed, and countless businesses gone for good, the heavy hand of government continues to pile on. State and local governments are looking to raise taxes in this environment, and the Federal Reserve, the enabler of big government, intends to escalate the counterfeiting of dollars on top of the trillions already created out-of-thin-air. More taxes and higher prices ahead, which makes for more economic heartache for the American people. Stock market volatility is affecting the dollar plunge. You cannot count consistently to the dollar for your investments in a market that remind Las Vegas better than a place reflecting the economy you would like to be part of. Wall Street misread the shape of the recovery. Stupid Wall Street! There was never any recovery. The entire nation's economy is bottom bouncing! We have been doing this since 2007 because none of the problems were ever fixed since that time. All the pandemic done was to simply expose the fact that there is no resilience to our economy. They shut down the main street and put them all out of business, forcing the remaining consumers working at home, with free cash flow, to buy at the online stores of the mega-cap companies. Goes a long way in explaining why we are screwed, because the dead half of the economy can no longer sustain the consumer purchases that the FANG stocks depend on. Depression 2.0 has started in earnest. The trend is a slow melt-up ( during the next 8-12 months) with increased volatility due to the increased uncertainty about P/E expansions.Which has similarities with a kind of valuation ,revolution. Any corrections do not change the long-term upward trend because very powerful forces, i.e., over liquidity from central banks and governments, the capitulation of the short-sellers, and the extreme optimism that has momentum right now as long as the big global stimulus treatments on the real economy continue ;and there are improved news on therapies and global economic activities. Anyway, be prepared for bigger turbulence at the time of the US presidential election! The volatile melt-up in 2021 will cause real headaches for central banks and governments who must continue to stimulate the real economy (2021-2022), but at the same time, their stimulus measures also stimulate even the stock market in an unintended way. I love how people needed a pandemic to realize that the economy doesn't need to grow in order to have higher stock prices. Large investment firms, banks, and corporations manipulate stocks in many ways without having to worry about increasing earnings: Buybacks ;Pump and dump Slingshots. All of this behavior happened before the pandemic and is now being completely backstopped by the federal reserve. It's literally a Ponzi scheme. It's also why quick stock growth can hit a wall at any time and drop like a lead brick. It depends on the actions of the large firms and the policies of the central bank. This is why the stock market needs to crash, so we can focus on the real economy and why the federal reserve needs to be dissolved back into the treasury. Industrial economies should always come before stock markets. If they don't, you just have financial manipulation and debt pyramiding with grotesques amounts of "money" that moves quickly on computers. But when you have politicians who stake their re-election on high stock prices, and whom themselves are invested in the stock market, the cycle continues. And people are surprised to see social unrest right now! Wake up and focus on the real people screwing over the entire economy. They are small in number but control trillions in wealth. If you stay invested in equities - you will be broke. It is the biggest bubble in the history of the world. It is just a question of how long central banks can keep it propped up. People say don’t fight the Fed , but free-market forces are a couple of trillion times more powerful. Entrap banks are like ants running around in front of the biggest steamroller in the world!! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Indian Households Hoard $1.5 Trillion of Gold !!

lynda.com@gmail.com (Politico Cafe) — Fri, 28 Aug 2020 15:16:00 -0700

👉Indian Households Hoard $1.5 Trillion of Gold !!

People in India adore gold. Newlywed brides are given enough jewelry to break their necks. Peasants store their pitiful savings in trinkets. Wise-guys sport rings like knuckle-dusters and tycoons with broken balance-sheets offer gold at temples in return for redemption. Even as economists and officials beg them not to, Indians splurge on the shiny metal. Nobody around the world more than the indians understands that gold tends to store value and that in the end, gold is money . Gold is not just a luxury in India. Even poor people buy gold. When rural Indians have money in their pockets, they buy gold. Indians buy gold for a variety of reasons, such as for its auspicious sentiment; as an investment. Gold continues to command long term value, a tag for being a safe haven; hedge against inflation, asset allocation, etc. Gold also carries a high perceived value and a high emotional quotient. It reinforces the closeness of relationships. Gold coins in smaller denominations are also considered apt for Corporate gifting and rewards for contests or for commemorative giveaways. In 2019 India imported more gold than any other country—about 831 tonnes or a fifth of global annual supply. That is the same amount that sits in the central bank vaults of Switzerland. Indian families are sitting on the world's biggest private stash of gold, and are rushing to borrow against their jewelry as the precious metal rallies to records, and the coronavirus pandemic fuels an economic downturn. Financial firms and banks are using that demand to lure more customers from pawnbrokers and money lenders. Collectively, Indian households own an estimated 25,000 tons of gold. World Gold Council estimates that Indian households are sitting on a $1.5 trillion hoard of gold, the biggest of its kind. Gold is the lifeblood of the Indian economy. Even now, it is serving as a valuable source of liquidity during the country’s credit crunch. From its side, the board of the Reserve Bank of India (RBI) is considering significantly raising its gold reserves. The RBI is mulling upping its gold holdings from the current level of 6.5% of total reserves to 10%. As part of the move, the Indian central bank would also lower its holdings of US Treasuries. Central banks globally have been increasing gold holdings over the last few years. Central bank demand came in at 650.3 tons of gold last year. That was the second-highest level of annual purchases for 50 years. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Gold is of serious importance in Indian marriages and very important because people of all ages, whether from the girl side or the boy side, wear attractive gold ornaments. Wedding star - The bride has gold ornaments from her head (mangitakka) to her feet (anklets). Gold is an auspicious precious metal which many believe in bringing wealth and prosperity along with the blessings of Goddess Lakshmi. Also, if the bride - home Lakshmi, brings gold to her new home, the parents-in-law consider it a very lucky omen. Every region in the country has a unique culture and tradition, which is often reflected through their designs. Traditional jewelry from different parts of India is an integral portion of the lives of people in that region, being of great significance to them. It is this cultural uniqueness that has made Indian jewelry extremely desired across the world. It is often through jewelry that other people get to know about a particular culture and tradition; thus, jewelry has helped enlighten thousands of people about a particular culture. Gold is considered a very good investment scheme and acts as a good asset for the family, young children, and at times can also be used as collateral for availing bank loans. India, as a nation, has got a history of pledging gold for educating children, performing a marriage, and fulfills one's immediate needs and/or unavoidable situations. Dual Purposes: Possessing of gold serves dual needs for an Indian woman parent (especially if having a girl child) as the ornament can be worn by the mother as well as the girl and/or lady and/or women. Culture: Southern states such as Tamilnadu and Kerala had a tradition of pure silk sarees, and nevertheless, gold goes as a nice pair for such attire. Indian middle class, as they have the opinion that the resale value is a bit higher (is even higher if bought as a bullion bar) as compared to artificial jewelry. Since India as a nation has got more middleclass households , the vast number of rural and semi-urban families buying approximately five grams per year increases the count and makes them the largest buyers by large. Gold is considered very auspicious among people in India. South Indians in particular prefer gifting Gold to their daughters not only as a symbol of status but as an asset that comes to rescue during her tough times in life. They wish their loved ones on their special occasions with a golden touch as they believe it brings prosperity in their life. Indians think accumulating Gold to be financial security. Many women save from 2000 to 7000 INR and buy Gold even for such small amount as Gold has appreciation value and it accumulates less space and has the strength to withstand any natural disaster like flood.Unlike cash which may be washed away whereas Gold can be worn and does not get affected if dipped in water in extreme cases like a flood. Gold (and silver to some degree) is the only real form of money there is. Everything else is just a form of currency. There's a big difference between the two. Gold is central banking's biggest enemy. The banksters, through manipulation of the Comex, have been beating the crap out of gold since it reached its new high. Gold and silver taking off would be the death of the effectiveness of the printing press. It would poison that magic and vital tree that grows money. They HAVE to protect that tree. Since 1970, Gold is being discredited by the US because you cannot print gold, you have to mine it and shine it, while the paper is easy to print and wipe your ass with. Like the physical properties of the metal itself, gold's eternal stance as REAL MONEY cannot be tarnished. Bury it in corrosive seawater for 1,000 years, and when you bring it back up, all you have to do is remove a few barnacles, and it gleans anew. It won't be hard to cleanse the smears which the usurers have tried to apply to the precious metal either. Gold scares the shit out of Central banks just like Holy Water scares Dracula. Acquiring gold and silver is the only recourse people have if they think the shit is going to hit the fan, and the dollar will, at some point, crash (resulting in mega price inflation via fiat). The assumption and hope are that at some point, we will start over - and those who do have gold and silver will be in a much better position when this happens. Physical gold is decentralized, and the only way for them to centralize it is to print far more ETFs than there is physical gold and use this mechanism to suppress the price of all gold. Now the real trick of gold is a store of wealth, especially in a negative interest rate system. If you have $2000 worth of gold, in 12 months, you will still have that physical amount, but I do not see it being $1800, do you? Once upon a time, you paid 10% interest on the debt but got an 8% return on savings, and that kept up with inflation better. For a whole decade, you have had %2 interest on the debt and 0% on savings, but inflation is vastly greater than 0%. So put $2000 in a bank or even hold it as cash with the inflation of what you would consume goes up. That $2000 will buy you less in 12 months, and every subsequent year the same will happen to it. So that in the end over ten years it is worth far less than what it was a decade ago. You are looking at losing $200 a year in FIAT / CASH. Your savings in a bank got screwed under the current economic policy, and nobody wants to admit it. People need to get woke on what the FIAT banking system actually is. We were only sold the concept of putting your money in a bank, and it would grow with interest, but when the central bank flipped to zero-interest-rate and negative interest rate, that whole concept becomes fraudulent. Inflation outstrips savings. So in years, your purchasing power falls, and if anything, you have to keep throwing 10% of your total savings more at it to actually keep the same purchasing power. THAT IS negative interest rate NIRP. Interest rates, inflation, etc. are relative values, and the absolute change is the combination of them all. Every single time you put your hard-earned money into a bank, the bank takes your money, leverages it, puts it into the Forex market makes millions and billions of dollars on your money, then give you back less than 1% and charge you a Fee for keeping your money in there... Guys, it’s time to beat the banks at their own game and start learning how to have your money work for you. There are several reasons why gold was considered the best money. History confirms this. It's only in recent history that they have tried to erase/discredit centuries of thinking about real money. It's kind of amazing they were able to pull it off. Our grandparents or great grandparents understood that gold and silver were "real money." Their grandkids are clueless. Key point. Gold can’t be created out of thin air, unlike the banksters' fake fiat currency. Unfortunately, hardly anybody talks about the human cost of the decade long precious metal market manipulation. Hundreds of millions of people or more rely on gold or silver as a saving. Their property has been stolen, looted, and denigrated, and the despair that comes with it goes unnoticed. The constant market manipulation, tolerated and encouraged by the most powerful administrations on this planet, is, to my mind, pure terrorism. They certainly terrorized me, and I know many others who could not sleep at night in fear of losing their savings. The mining sector has been decimated and, with it, the livelihood of its workers. This goes on day by day, just as we speak, and the satanic manipulators appear to enjoy the exercise of their power. We are paying our taxes to sustain these criminal structures. How long are we going to be abused? This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉This is Why Warren Buffett Sold Wells Fargo, JPMorgan, and Goldman stakes And is Buying Gold

lynda.com@gmail.com (Politico Cafe) — Sun, 23 Aug 2020 15:02:00 -0700

👉This is Why Warren Buffett Sold Wells Fargo, JPMorgan, and Goldman stakes And is Buying Gold

The big news in the monetary metals these days is that Warren Buffett, the chairman, and CEO of Berkshire Hathaway and famed disliker of gold, sold bank stocks to buy gold mining shares. Buffett just acquired nearly 21 million shares of Barrick Gold worth $563 million. Barrick is one of the primary precious metals producing companies of the planet. Warren Buffett has always said gold is a bad investment, a shiny cube that does not generate earnings or pay a dividend like a stock, or interest like a bond. Buffett also dumped most of his Goldman stake and trimmed his JPMorgan and Wells Fargo holdings. Buffett massively unloading bank stocks is consonant with an expectation of inflation, which is what gold is usually a bet on. Never forget, Buffett plays the long game. And the long-term fate of Barrick is tied to the performance of gold. Mr. Buffett saw a rare opportunity. The Federal Government cannot afford to have the rate of Inflation rise. Therefore, they must do everything in their power to keep the rate low. Printing more Dollars is a necessary strategy. Plus, there's added pressure to control the deficit. Increasing inflation forces them to increase interest rates, thus increasing the amount of our Debt. For Mr. Buffett, this is a golden opportunity. Besides cutting his position in Goldman and JPMorgan, Buffett also liquidated his stakes in Travelers and Phillips 66, a tiny stub of a holding that had been valued at more than $25 million at the end of the year. Separately, Buffett also trimmed his positions in Davita, Verisign, Amazon, GM, and several other companies. Warren Buffett has long been critical of gold as an investment, saying that it has no utility, that you can't eat gold, it just sets there. And that the magical metal is no match for American mettle. He once wrote, Anyone watching from Mars would be scratching their head over how we treat the shiny stuff on this planet. Buffett dumping banks and buying Barrick Gold is a sea-change. The importance cannot be overstated. He sees global central banks have completely lost control; they’re printing trillions and Killing fiat money. The entire $100 trillion global funds biz just got turned on its head, Max Keiser tweeted. Warren Buffett has an enviable long-term record in the stock market. Buffett’s latest move shows that he is as sharp as ever. Berkshire Hathaway's boss has not been a fan of gold. As a matter of fact, he has often derided the precious metal. To the dismay of gold bugs, Buffett has been the de facto leader of the anti-gold crowd. There has been a belief that investing in gold was akin to betting against America. Just a few years ago, Warren Buffett was saying this about Gold: It doesn’t pay any yield; in fact, it costs you to own it. So why own gold when you could own Coca-Cola. Buffett deserves credit for shifting his stance to the new reality as a result of the irrational policies of massive borrowing and money printing by U.S. leaders, and when observing the unparalleled printing of money going on now. More importantly, it is the huge downside the dollar faces of a debt crisis emerging from this recession. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. In its recent quarterly, Berkshire Hathaway disclosed it had purchased stock 20.9 million shares of gold major Barrick Gold. The stock rose about 12% to a little more than $30 per share, pricing Berkshire’s position at around $627 billion. That may seem like a lot, but relative to Berkshire’s other positions, it accounts for less than 1% of its entire stock portfolio. And I believe that actually, one of Berkshire’s other investment managers, Todd Combs or Ted Weschler, is probably responsible for the buy. STILL, this is significant. One thing to note is not everything Berkshire Hathaway invests in is a decision that Buffett himself makes. This Barrick Gold investment was probably Todd Combs or Ted Weschler. I say this because, over the past few decades, Buffett’s pivoted from deep value investing (inspired by Benjamin Graham) to one where he buys businesses with sustainable franchises ;(think Apple, Berkshire’s largest holding). Warren Buffett is investing in a gold producing company. He's investing in a company at the bottom of a long stretch of lean years, which is now in the beginning stages of a long upward stretch of years of plenty, and that is quintessential of Buffett's renowned investment style. As the US Dollar continues to weaken under the weight of low rates and stimulus, gold will enjoy a value-adjustment upward that could last several years. Last time this happened from 2008 to 2011, gold nearly tripled. But Buffett is an investor in companies, rather than commodities. After all, companies produce things that can be sold; commodities don't. So, then if gold is going to enjoy an upward adjustment in value for some time, gold producers will enjoy bumper profits when selling their gold to the market. Buffett isn't parking his money in a commodity but is putting it to work in a company that produces a product that will increase in value over the medium term, translating into hefty profits. Shares of senior gold producer Barrick Gold rose sharply in value after Berkshire Hathaway's recent filing with the SEC indicated that the company, headed by well-known investor Warren Buffett, had taken a meaningful position in the GOLD stock. The filing indicated Berkshire had acquired about 20.9 million shares of Barrick at an average price of around $26.94. We note the purchase price was opportune, which one would expect, in that the stock lost a degree of investor support in early August to trade in the range where Berkshire took their position. Whether the new position signals a change in Mr. Buffett's view on gold as an asset for investment is unclear, since gold is already trading at record prices. Our sense is the price of gold, and the prospects that it may rise higher probably had something to do with the investment. More importantly though, we would expect that Berkshire Hathaway saw unrecognized value in Barrick Gold, in keeping with the company's history and Warren Buffett's investment philosophy. Their performance is obviously tied largely to the fate of Gold. It will outperform Gold to both the upside and the downside, dependent on where Gold goes. This investment indicates some degree of confidence in the direction of Gold from either Buffett himself or one of his managers. It’s not like it’s too crazy from Buffett regardless, as he owned large amounts of silver (not miners) at least twice in his investing career. The truth is, the success of gold mining and production companies are only as successful as the price of the gold itself. Because it costs Barrick Gold ~$950 to mine an ounce of gold, the company will remain profitable as long as the price of gold doesn’t drop below $950. In addition, Barrick Gold is also making a ton of money as gold is currently at $2,000/ounce, and assuming every quarter gold prices stay this way, Barrick Gold is a great cash cow! And this is what Warren Buffett, the chairman, and CEO of Berkshire Hathaway, released in his annual letter to shareholders. Quote: Our second non-traditional commitment is in silver. Last year, we purchased 111.2 million ounces. Marked to market, that position produced a pre-tax gain of $97.4 million for us in 1997. In a way, this is a return to the past for me: Thirty years ago, I bought silver because I anticipated its demonetization by the U.S. Government. Ever since I have followed the metal's fundamentals but not owned it. In recent years, bullion inventories have fallen materially, and last summer, Charlie and I concluded that a higher price would be needed to establish equilibrium between supply and demand. Inflation expectations, it should be noted, play no part in our calculation of silver's value, End of Quote. Gold stocks and precious metals are a good investment (or store of value) in times when massive money printing is taking place. Buffett’s conversion to gold is a signal for other stock market investors. They usually buy or sell solely because of what Buffett does. Gold has no earnings and does not pay a dividend. But you need to understand that all fiat currencies in history go to zero value after 30 ~ 50 years or so. When that happens, the price of gold and silver goes to infinity. However, it doesn't matter because the fiat currency is then worth NOTHING. The trick is to convert gold or silver to real goods & goodies at the right time. So the trick is ABSOLUTELY NOT to hold gold and silver until it reaches the highest price in the collapsing fiat currency. The trick is to hold gold and silver until its trade value against other useful goods and goodies is maximum. It will not be easy to choose exactly the perfect moment, but if you have any quantity of gold and/or silver, you don't need to choose exactly the perfect moment to do VERY well. However, what is most important of all is choosing wisely what goods and goodies you trade your gold and/or silver for when the time comes. Overall, gold is a very small market compared with the stock market. Even a small amount of inflows into gold from large-cap tech stocks may cause a big spike in the gold price. Buffett is out of the banks, because The banks are bankrupt, and a major banking crisis is coming fast. The Fed and Treasury to take over the banking system. The Fed and Treasury helicopter fake money directly to people to avoid mass rioting. This is a time to think about how much gold and silver do you have. Gold is far from overpriced. Even $10k an ounce gold won't be overpriced. Gold is a hedge against economic / currency collapse. While we are being misled into believing ALL is well, and we are betting on a V-shaped recovery. EXPECTING economic growth to continue, consumers and businesses recovering, etc. Does anyone REALLY believe BOTH consumers and businesses will be unaffected by this shutdown, and by all this public debt being printed, etc... The US Congress demonstrates how irresponsible our leadership is. This is all political positioning. What about housing, rents, and mortgages, commercial leases, etc.? Bottom line, if this irresponsibility persists, we could destroy the US Dollar as a fiat currency, as fiat means NO metal backing, just confidence, and the faith of the currency holder!! What about other nations as we are the global reserve currency? We have lost much stature, esteem, confidence, etc.? How likely is it that IMF or the World bank could propose a basket of currencies as an alternative? That action would severely damage our standard of living. Only gold Assures holders; some of their wealth is protected against uncertainty and loss!! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Gold : The Last Asset Standing in a World of Debased Fiat Currencies

lynda.com@gmail.com (Politico Cafe) — Sun, 16 Aug 2020 14:18:00 -0700

👉Gold : The Last Asset Standing in a World of Debased Fiat Currencies

The Fed promised unlimited monetary stimulus for both consumers and businesses, and the dollar began to fall. I think we are already seeing the start of the collapse of this dollar centered fiat system. Argentina in default, yet again, Turkey is spinning out of control and some Eurozone countries being propped up with funny money. Of course, the US, UK, and Japan have been doing the same; If the G20 agree a coordinated fiscal barrage of state aid they will hope that they can keep the system from fragmentation, but the inevitable stagflation will destroy what remains of any trust, and it everybody will be stampeding into Precious Metals. Nowadays, the Fed is not inclined to raise rates, although the gold price is rising because of the massive debt overhang. With a 26 trillion dollar debt, if rates were to go up to 10%, it would take 75% of tax revenues just to service the debt. And it's getting worse every day. Gold is a powerful determinant of interest rates and the value of other currencies and government bonds, the pretense of potentially infinite gold reserves that, "can be sold, leased out, used as collateral, employed to extinguish liabilities, and counted as bank capital," and is actually the seizure of infinite power by government. Gold is doing what has been doing for hundreds of years. Protecting and preserving purchasing power when the paper around it becomes worthless. Coming to a fiat currency near you soon. There are just a few ounces of silver per human ever mined, and not even 1 ounce of gold, but there is an abundance of paper. Last time I checked every physical ounce of gold in existence has 542 people who think they own it. Fiat Currency and Printing Currency lead to an oversupply of paper currency (like M2), and eventually, everyone gets paid more or bit-up prices, then the prices rise, and that is a type of consequences of inflation. The higher inflated prices result in higher costs, and inflation is taxation without representation. So always recall "inflation is taxation without representation." Inflated prices are a tax on all things fiat financed and fiat currency due to oversupply (printing). The reality is we do not have a monetary policy. We have DEBT policy and nothing more. Every dollar that exists in the world is a dollar of debt............producing "yield".......hence the need to remove the check and balance of a gold standard, so that unlimited debt can be created and yield can multiply. The dollar no longer offers yield to 99% of the population because the yield being earned by your pittance won't overcome the inflation that is eating it. Now only the 1% that has billions of debt slips of paper get a substantial amount of yield simply based on volume. Due to its lack of real yield, the debt dollar has become a negative drag on the world economy and its people. A real money policy would never allow this to happen. Men cannot control money. Money is a measuring device. Letting men control money is like allowing a contractor to quote you by the square foot and then allowing him to determine the measurement of a said square foot. You'd be screwed. Both parties need a way to determine and decide equally the size of a square foot. Making debt and calling it money has taken all the control of "money's" measuring ability (we call that value) and put it in the hands of the banksters. Banksters love debt because banksters love yield. Did it really take a genius to see what banksters would do to the value of money once it was based on debt? Inflation happens where there is too much money. We have Hyper Inflation in Wall Sreet. People have to pay hyper-inflated prices for Stocks. If they start inflating prices on products in the street, It will be Plain Old Gouging. The street is suffering from a lack of liquidity. Take a look around; people are trusting the banks with their money less and less. It's no longer an IF it will collapse, but when it collapses scenario. But the big banks are not going to fail. A quadrillion dollars will be mouse clicked into existence at the speed of light. What is failing is the economy and the political system. We already reached the end of growth in 2005. We are now in a cascading collapse. Dominoes are falling around the world. It is impossible to gauge the effect of millions of small businesses going under. We are going back to localized economies. Those economies are not prepared to meet the needs of megacities and their populations. But the more is magicked into existence, the less credibility it has, and the more holding dollars becomes undesirable as they loose value constantly. It is in a tailspin now, and soon zimbabwe dollars will be a better bet than US dollars! All fiat currencies only have value in so far as people believe they have value. As fiat starts to become worthless in a hyper-inflation, you don't care how much an ounce is, you just have to get that ounce. Gold's value never changes. The value of currencies fluctuate, but gold is constant. The measuring stick for all currencies, the original money. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Using mass liquidation to crater the price of gold and force thinly-margined, weak longs off their positions is a classic COMEX raid on the gold and silver markets. The latest raid on gold began on Friday and continued through Tuesday. When all was said and done, more than $200 got knocked off the price, peak to trough. What the COMEX did in 2011 to squash the gold and silver rally? They raised the price to hold a contract overnight, and if the holders were not able to immediately provide needed funds, their positions were liquidated on the open market. Then they did it AGAIN within a couple of days coupled with a huge blind, naked short raid. Also, the bullion banks dumped a tremendous amount of gold and silver on the open market at amazingly at the same time. We haven't seen these actions yet, but just know they're in the toolbox. Play with paper or leverage, and you will get burned and burned badly. A few more delivery cycles of 200k+ contracts and the game is over. With refinery supply chains considerably weakened due to China Flu shutdown/slowdowns, even the Swiss and the LBMA will not be able to bail out the COMEX clearinghouse. If China and/or Russia are the ones standing for delivery on COMEX, it kills two birds with one stone. They get the supply they are looking to accumulate anyway, and it will also considerably weaken faith in the Fed's dollar as gold prices fly. In the end, the market always wins. It seems unlikely to me that if the COMEX fails that hedgers would continue to use it. What incentive would they have to use a market that has zero ties to the underlying and can be priced by a whim? What does "contract for difference" even mean? If the value of the contract vaporizes, why would there be any demand for it at all? I think the COMEX will have to get real or go away. Russia and China both have more than 40 thousand tonnes in gold reserves. The admitted reserves are just the gold used as doorstops. Real gold reserve figures have a higher security clearance than nuke launch codes. In regimes where central bank credibility is under fire as well as complete political dysfunction in both D.C. and Brussels, the desire to keep gold from making headlines is key to extending that credibility through the crisis period. Silver will see $40 before the year-end. There is no denying what is coming, so much so that even the old Warren Buffett has bought into Barrick. Warren bought into a substantial chunk of Barrick in that he’s well aware of the physical shortages. Even in Turkey, people scooped up bullion worth $7 billion in just a fortnight while their currency went up in flames. They are choosing gold over the dollar because the dollar has also been tumbling against gold in recent weeks due to the Fed's constant debasing of the greenback. Inflation will be inevitable, and the eventual transition to a new currency will create panic with black money, and cash under mattresses converted to precious metals for the preservation of wealth. The new financial system will transition to a form of socialism where we get a minimum amount of credits paid periodically, whether we are working or not. I would rather have something alternative in case I need to barter, or I get locked out of the system for 'misbehavior.' People in Turkey are now selling their cars or houses to invest in gold. It appears the Turkish people know that gold is money, so they act accordingly. Too bad for them, they waited so long when they should've been buying gold years ago. It's going to be the same here in America; people will panic when the dollar collapses and want to buy gold. But by that time, it will be as Mike Maloney says, unobtanium. It's coming here, but I'm afraid most aren't prepared so they'll resort to violence when it gets really bad. Euro next, then Pound, then the US Dollar. Tik-tok, tik-tok, tik-tok. The digital currency that is coming will not be Bitcoin or any of the other current cryptos. It will be issued by the central bank while they abolish cash. That means you can do nothing without the government knowing, and then later, if you misbehave, they will freeze your account. Warren Buffett just dumped all his financials stock and bought Gold too. The bank runs are just getting started. And I forecast a very lean Christmas and new year for those that didn't shift to precious physical metals. Just wait until the housing market implodes again. That's when the real FUN begins. You are getting your warning right now. Don't ignore it. Uncle Warren just sold Goldman Sachs and bought Barrick Gold. Everybody should buy gold and silver because all the currencies are depreciating against gold and silver, and this trend will continue in the near future. And get physical in your possession. Your gold in the bank is even easier to steal than (not backed by gold) gold ETF in the US. You know what will happen one day? The Government will say: sorry folks, but we have to use YOUR gold to save the country. But no worry, you will get paper money instead! Just think of what happened in Cyprus a few years ago. This will be no different. By agreeing to take interest on gold you deposited in the bank, you basically have signed the agreement that you INVESTED in the bank with all resulting consequences. From the law point of view, it is no different than buying common shares of the bank with all resulting liabilities to you. In short, it means that if the bank goes down, your gold will be used to keep it solvent or to pay investors in the bank if it was liquidated. You can be sure that you will be the last to get anything remaining of it. In other words, your gold is now a lawful bank asset, not yours! This is exactly what has happened in Cyprus, and again, this is the law. It’s a global con being played on every common folk around the world. So, given the choice, worthless Benjamins, or shiny metal from God? The attraction to the shiny is built into our DNA, so unless you need some worthless paper to light a fire to cook your dinner rat or dinner possum. Depending on whether you are a city dweller or a country dweller. Then I can assure you; my pet rocks are worth more than your paper. Good luck finding physical gold or silver actually anywhere in stock. They are now very limited and obtainable only at extreme premiums over spot. Same as guns and ammunition. That is the preview of the coming main event. We are at the beginning of the end of all paper currencies. It may take a year or two, but there will be no recovery. All currencies will slowly depreciate, but in the end, they will be falling like a rock. Just like in Zimbabwe, Venezuela, and now Turkey. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Charles Nenner Warns : The Coming Market Crash will be much worse than what people think !!

lynda.com@gmail.com (Politico Cafe) — Sat, 15 Aug 2020 08:53:00 -0700

👉Charles Nenner Warns : The Coming Market Crash will be much worse than what people think !!

Charles Nenner Warns The Coming Market Crash will be much worse than what people think !! Today we have a distinguished guest, the legendary market analyst Charles Nenner, President of Charles Nenner Research : https://www.charlesnenner.com/ free-trial Charles Nenner is a Technical Analyst. A medical doctor, a geopolitical and financial cycle expert. He has been an analyst for over 30 years - including providing analysis from his unique models for Goldman Sachs for almost 15 years. In 2001, Charles Nenner founded and was president of the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities worldwide: hedge funds, banks, brokerage firms, family offices, and individual clients. Charles Nenner uses advanced mathematical models/algorithms to identify profitable patterns in the market, such as the Fibonacci ratio, the Golden Mean.

👉Jim Rogers on Bitcoin , Silver , Gold, Farmland, The Economy and Much Much More...

lynda.com@gmail.com (Politico Cafe) — Tue, 11 Aug 2020 13:37:00 -0700

👉Jim Rogers on Bitcoin , Silver , Gold, Farmland, The Economy and Much Much More...

Jim Rogers on Bitcoin , Silver , Gold, Farmland, The Economy and Much Much More... Jim Rogers is an American investor and financial commentator based in Singapore. Rogers is the Chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He was also the creator of the Rogers International Commodities Index (RICI)

👉Gold to $3000, Silver to $40 before Year-End !!

lynda.com@gmail.com (Politico Cafe) — Mon, 10 Aug 2020 17:01:00 -0700

👉Gold to $3000, Silver to $40 before Year-End !!

Gold has no ceiling because the dollar has no floor. Gold is up $200 in the last two weeks and $500 or 35% in 2020. Since the resistance mark at $1,350 was broken in June 2019, gold has gone up by more than 50%. This month, gold broke above the $2000 Psychological Resistance Level. GOLD is up 35% in 2020, while the S&P is only up 3%. Silver is even better. It is still 30% below the all-time high. Best because it is limited in quantity, used in industry, and still affordable for those with tight budgets. The gold and silver markets are running on vapor. At the same time, liquidity of the physical is drying up. The Comex is TOAST, the crimes have been exposed. This is the physical bull run of the MILLENIUM. The LBMA and COMEX are controlled by the Central Banks, which are completely supported by pure fiat currencies. The Fed has probably created $10 trillion. What could possibly go wrong. The Fed creates fiat much faster than God creates gold. A world reserve currency is supposed to be superior in storing value, but through boundless money-printing, the U.S. dollar hasn’t been able to compete with gold by a long shot. In 1932 the gold price was $20.67 dollars per troy ounce, today it crossed 2,067 dollars. That’s a 99% decline in the value of the dollar against gold. Adding trillions of dollars to the national debt is now having an effect on the value of the dollar. After all, gold is the only real money. Gold doesn’t yield if you don’t lend it, but it's the only globally accepted financial asset without counterparty risk. The bible mentions a stonemason earned one oz of gold per week as their wages in biblical times. Still today, a mason earns one oz per week. In the end, Gold and Silver, without any central banks or pure fiat currencies, will stand on their own. Gold and Silver will be the last standing when all else fiat fails. Gold is money, a holder of wealth, not your typical speculative asset. The point of gold is to secure your wealth, not bet on the races. Gold price will definitely continue soaring. The underpinning was there before the gains started. The certainty that the global economy (regardless of COVID) was vulnerable to any number of pins that would prick the currency bubble; the certainty that Central Banks and political "leaders" will further inflate the supply of/devalue the currency based on their lack of moral character and/or ignorance that members of these institutions display of economics throughout history. The fundamentals are awful and have been getting worse ever since 1913. Never more than in the last few months, has any empire in history (thanks to computers) been able to debase a currency so massively. Too bad the dollar (especially in digital form) can't be used as toilet paper. This move-in gold would have occurred with or without COVID. The pandemic simply accelerated the move. Negative real rates, weak Dollar.Although gold has historically moved up with the dollar so people shouldn't get too worried about dollar moves.QE, which can and will never end, zero rates, and massive debt build-up in government and corporates credit spreads are just some of the drivers. Will gold correct before we move higher. Sure will, and it could be a short sharp move down to shake out the weak hands. That being said, the constant worry about a correction may mean we won't get one until we get to the measured move above 2,200. Gold will likely shock most people to the upside over the next year or two. Bullish gold investors believe the precious metal and its sister metal silver, are on a long-term uptrend due to measures by governments and central banks to help stabilize economies hurt by COVID-19. Based on the current dollar trend and central bank spending, gold won't stop in 2100. And silver next upside price objective is closing prices above solid technical resistance at $30 an ounce. Gold prices are expected to stay above the $2,000 mark, on growing global geopolitical uncertainty. The sheer volume of money moving into gold will likely see the price exceed $3000 before the year-end 2020. There is no stopping it, while fears over the US Dollar, COVID-19, trade wars, etc. continue to be all-encompassing. I agree it is simply a lump of glittery yellow metal with limited use. But then what is the US Dollar but an arguably fictitious IOU? Mania or not, this metal is going higher. And the silver will be playing catch up. More upside remaining, as it's still well below the all-time high. Owning physical gold is the best hedge of all. You can't eat it, but you can trade it for anything. Try that with paper. Gold and Silver do not rot or age or rust or melt or dissolve in water. Food is perishable, so it has a shelf life. Some foods last for 10 or 20 years, yes cans for 30 years (maybe in the shade or buried). Other foods only last a few weeks; many foods require refrigeration and electricity. Gold and Silver stand-alone without technology and have no shelf-life issues and are not consumed. Put some silver rounds or junk silver away so you can transport wealth to the town where you can barter it for food. And the fiat currency, try eating it or buying anything, except through an electronic transfer. It is getting harder. Buy some gold cause you need to survive the dollar collapse and then buy newly created currency. If no gold, then ur dollars will become simply a pile of paper. The US DOLLAR will CRASH amid rising economic and political uncertainty. Fiat currencies are toxic. History proves this truth. They destroy society. Look at Weimar Germany in 1923 and the subsequent rise of Nazism. Look at the effective loss of liberty in the US. The banksters use the paper money racket not only to bleed the nation white. They use their stolen wealth to establish a totalitarian state and a dictatorship. Once the Russians and Chinese choose to use gold to back up their currencies and dump the US dollar, gold will rise to significant levels. The only problem is that there might not be enough gold to support a currency. Gold will continue to rise if one believes that the US dollar will weaken further. The bonds as an asset class are dead. Most people haven't realized this yet, and when they do, capital will rush into anything other than bonds. Of course, rates won't rise since the Fed will be controlling the curve. This move into Precious Metals is a teeny, tiny slice of the bond market. Even PIMCO recently said you must own gold. The Central banks around the world kept holding on to their gold, despite its price reaching all-time highs such as now. Russia, China, and Germany, and quite a few others have been increasing their gold reserves. China almost certainly has the biggest gold hoard in the world. It has been estimated to be a 30,000-ton stash. They won't declare it, because it would raise the value of the Yuan. Going over to a gold standard is tricky, if you have no gold, your currency will be worthless, if you have a lot of gold, your currency will become so valuable that exports would collapse. The German people own a lot more gold than the German Government, most of the Middle East and Asia have high private gold ownership. The Chinese Government actually advises people to buy gold, and every bank in China sells gold. But police states like the US could and probably will confiscate private gold. For those living in the US, you probably better buy silver, less chance the Government will steal your silver. Since early 2012, JP Morgan’s stockpile of physical silver has grown from less than 5 million ounces to more than 55 million ounces of physical silver. Clearly, someone over at JP Morgan is convinced that physical silver is a great investment. This is THE BIGGEST STOCKPILE OF PHYSICAL SILVER IN HISTORY. And still, massive Precious Metals paper contract dumping goes on and on. Every day the banksters are digging their hole deeper in a frenzy. People are waking up to what’s happening and demanding physical metal. They don’t want forwards anymore. Comex is a paper market. She wears delivery the way a streetwalker ways jewelry and furs. She can do her job without them, and under it all, she's just a whore. Comex fraud can settle in fiat funny money notes, that is why it lasted so long. But what happens when those fiat notes are worthless and less every day? They can still settle in paper, but nobody wants paper. There will be some interesting times in the Precious Metals market soon. They can manipulate the price for a very long time, but no one can suspend the rules of economics forever. Get Your Gold And Silver Now Before They’re All Gone. Gold is still the safest investment. The Gold And Silver Markets Are Setting Up For A Historic Worldwide Mania. In my view, the gold price will continue to rise and will be incorporated into a new international monetary system. If you have physical gold and silver, you should hold it. I expect $3,000 gold and $40 silver by year-end. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Gold is real. What is not real is paper assets that are so easy to own and sell that they don't even write it down on paper anymore. The owners get digits typed into an electronic account. They don't even give certificates anymore for stocks. The brokerage firms hold the stocks, and you get a statement to an electronic device. Bastards don't even give paper monthly statements to say you own it. Banks don't have bank books anymore, just electronic blips on a screen, same with cryptocurrencies. It would be so easy for everything to disappear one day, not physical gold or silver. People just don't comprehend the impact of a falling dollar, increased Precious Metals values, economic slowdown, and credit crisis that expected to hit sometime near year-end. It's a domino effect that is almost unfathomable when you consider how complex and interconnected our markets/economy is. The globalists have redistributed so much of America's production to 3rd world countries; it's very difficult to anticipate where shortages will emerge. But the extent to which our world changes over the next 6-18 months is incomprehensible for most people. Prepare to be able to feed yourself. Food shortages are the most impactful. Having pondered the irrational rise in certain US stocks, FAAMGs, whose prices bear no relation to their fundamentals, It dawned on me as to what is happening. Shares are trading up purely because of one reason - fraud - illegal insider trading, illegal corporate share repurchases, and outright market manipulation. You don't collect Apple shares like fine art because they aren't fine art. And you don't buy shares in companies in a failing economy as a hedge. This is a giant fraud and nothing else. Effectively the market is saying the currency is debased and of decreasing value; we have no faith in the Government or the Fed to keep the value of their I owe You's. However, we trust Apple more than the Fed and will swap degraded dollars for Apple stock certs as being a more reliable store of value. The Fed's REAL mandate is to make the elite corps of Banksters as wealthy as possible. The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. The desire for gold is not for gold. It is for the means of freedom. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉What's Coming is Economic Collapse and Financial Bankers Dictatorship !!

lynda.com@gmail.com (Politico Cafe) — Mon, 3 Aug 2020 07:38:00 -0700

👉What's Coming is Economic Collapse and Financial Bankers Dictatorship !!

We are in the midst of a forced national religion. It is banks and bankers for all. It will kill us all if we let it. It's all about the Federal Reserve SYSTEM. A system designed to separate American citizens from a percentage of their earned money over time, every year, and give it to the currency issuer. Your average thief, including banks, and foreign-owned US politicians, will steal more and more from you until you force them to stop. These thieves will never voluntarily stop stealing. Unless you choose to stop them, they will take everything. And in fact not only have they taken absolutely everything they have been borrowing in your name and stealing that too. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The goal of the 1% is to hoard all currencies out of circulation for the amusement of watching us panic & blame ourselves & each other for not being able to make ends meet. Hoarding currencies out of circulation is an intentional crime against humanity! Currencies are trading in a false paradigm. It is the coordinated collusion of the major central banks that have allowed this charade to exist. It is essential to understand that wealth is contained within a rather closed system. A system of fiat money by-laws and rules that discourage freedom of movement into tangible assets. This has sheltered currencies from a storm of volatility. With hundreds of trillions in debt. Nobody knows when, but it will happen. 2020 is shaping up to be turbulent. The failure or significant repricing of any of the world's four major reserve currencies will destroy the myth that major currencies are immune to the same fate that has haunted so many currencies throughout history. Simply put, when the nations granting them have proven unable to control their budgets, their currency is crushed under the weight of debt. First, let me tell you why we are headed for one. This will sound very counterintuitive, but it all comes to the record-low unemployment we had last year. Unemployment was at the lowest level in 50 years. That meant most people who wanted to work could find a job. It also meant people were making more money and were buying more stuff. All good. More people working is always positive. But a low unemployment rate is a double-edged sword. See, the unemployment rate is cyclical. It's always moving up or down. And at this point—3.6%—there was almost no room for it to drop more. That's where the trouble started: When the unemployment rate bottoms out like it did last year, it meant the economy has peaked. And a recession is coming. We've Been Here Before. Notice that every time the unemployment rate hits a low, a recession soon follows: It doesn't come immediately, though. Over the past 70 years, a recession has started an average of five months after the unemployment rate bottomed. Also, remember that the unemployment rate lags behind the actual economy. So it won't start rising until the US has already fallen into a recession—something I've been telling my viewers to expect. Today, in fact, more than 54 million Americans have filed for unemployment, and this is just starting. More Signs Flashing Red. A bottoming unemployment rate isn't the only sign that the economy has peaked. For weeks, I've been telling you that the yield curve inversion is signaling a recession ahead. Like the unemployment rate bottoming, the inverted yield curve has preceded every single recession over the past 50 years. Keep in mind, neither of these indicators means a recession is imminent. And they don't tell us how severe the recession will be. But it's certainly coming. So is the market downturn. Remember, we're at the tail-end of the longest bull market in history. So a significant pullback is not out of the question. And, since stocks fall an average of 32% in a bear market, you want to start preparing your portfolio now. That means adding recession-proof stocks and other assets that will rise when the broader stock market falls. Policymakers do not know how banks work and couldn't see the problems. Our knowledge of privately created money has been going backward since 1856. Credit creation theory leads to fractional reserve theory, which at its turn, leads to financial intermediation theory. A lost century in economics: Three theories of banking and the conclusive evidence. Financial stability is much easier than our central bankers make it look when you understand the monetary system. Policymakers have been kept in the dark as well. Milton Freidman's monetarism didn't work as he used fractional reserve theory. Ben Bernanke couldn't understand the debt deflation of the Great Depression as he used "financial intermediation theory." The central banks started revealing the truth in 2014, beginning with the Bank of England. It was about 35 years too late for the neoliberal, globalization project and now it's all falling apart as it seems. "Debt doesn't matter." Where did that come from? You need to think of the banks as financial intermediaries like Ben Bernanke. Ben Bernanke is famous for his study of the Great Depression, and he discussed it in a Wall Street Journal article. "Theoretically, neither deflation nor inflation ought to affect long-run growth or employment. After a while, people and businesses get used to changing prices. If prices fall, eventually, so will wage, and the impact on profits, employment, and purchasing power will be neutral. Borrowers suffer during deflation because their debts are fixed in value, but creditors benefit because the dollars they get back will buy more. For the economy as a whole, deflation ought to be a wash." What has Ben Bernanke got wrong? He thinks banks are financial intermediaries. This is where the "debt doesn't matter" nonsense comes from. The belief that banks are financial intermediaries. Debt indeed matters a lot. Banking should be so easy. Bankers get to create money out of nothing, through bank loans and get to charge interest on it. What could possibly go wrong? Bankers do need to ensure the vast majority of that money gets paid back, and this is where they keep falling flat on their faces. Banking requires prudent lending. If someone can't repay a loan, they need to repossess that asset and sell it to recoup that money. If they use bank loans to inflate asset prices, they get into a world of trouble when those asset prices collapse. "It's nearly $14 trillion pyramids of super leveraged toxic assets was built on the back of $1.4 trillion of US sub-prime loans, and dispersed throughout the world" All the Presidents Bankers. When this little lot lost almost all its value overnight, the Western banking system became insolvent. Wall Street can turn a typical asset price bubble into something that will take out the global economy using leverage. What did Glass-Steagall actually do? Glass-Steagall separated the money creation side of banking from the investment side of banking. It also stopped the money creation side of banking from trading in securities. Without Glass-Steagall, the bankers could create money to buy securities they produced themselves in a Ponzi scheme. This is what they did in 1929 and 2008. "It's nearly $14 trillion pyramids of super leveraged toxic assets was built on the back of $1.4 trillion of US sub-prime loans, and dispersed throughout the world" All the Presidents Bankers. 1929 and 2008 look so similar because they are. Most of the toxic assets were on the books of the banks, and they were borrowing money from each other to buy them with money they created out of nothing. They then just had to keep transferring these assets between each other to inflate their value, with money they created out of nothing from bank loans. This is why the debt-to-GDP ratio spikes like that. When they allowed Banks to incorporate with NO PERSONAL liability and a Federal Reserve whose only mission is self-enrichment. All hope was lost! All Megabanks should be broken up! The banks, the government, and academia; this is the system; The Deep State; and all of it is corrupt. If one goes down, they all go down. So they each will do whatever's necessary to prevent that from happening. Likely at the expense of those that work for paychecks. The banks know that economic collapse is inevitable. So does the U.S. Military. So do all the agencies. So do all the oil company CEOs and probably every mid-level manager on up that work for oil companies. So do most if not all of the international mega-corporations. So do most, if not all, politicians. The job of all these companies, agencies, and people is to keep the ILLUSION OF ALL IS WELL viable up until a certain point in time, after which it won't matter anymore. That means doing "whatever it takes" to keep the markets pumped up and banks from crashing, even it means destroying the entire financial system in the process. But what the heck, the entire financial system is going to collapse anyway, so might as well do whatever it takes. I seriously doubt that banks and cash-heavy investors will be picking up assets for "pennies on the dollar" after the economy collapses. for one because I doubt that dollars will be good for anything, but wipe after the collapse. And for two because there won't be a legal enforcement regime in place to protect those assets from the raging mobs in a post-collapse economy. In a post-collapse scenario, possession of an asset will determine ownership, most likely, along with the ability/means to enforce one's possession. This system was put in place to whore out all of society. Don't be a whore. Stop doing the stupid for money. Do the right things, even if they don't pay a dime. It doesn't matter what bankster pricks want when the fed prints the currency into worthlessness, and nobody wants dollars any longer then this show will finally be over. A return to the gold standard will be a good start in picking up the pieces after those pricks Ponzi scheme is finished. The bankers want to run a slave planet. And they put the cheapest whores they could find in place to enforce it. The stall and barter is probably the only way the bankers and their whores can be stopped. The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent financial rewards in the business world." When there is no law, possession is 100% of the law. Don't leave any money in banks. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy, friends!

👉How to Invest in Gold - Physical Gold (Bullion) vs. ETFs

lynda.com@gmail.com (Politico Cafe) — Thu, 30 Jul 2020 18:15:00 -0700

👉How to Invest in Gold - Physical Gold (Bullion) vs. ETFs

Gold price this week broke the 2011 all-time high of $1,920. I have never considered the $1,920 level important. Since gold has in the last couple of years made new highs in all other currencies, it was always clear that the high for gold in dollars would be breached. Only surprising that it took 11 years. But we must remember that gold is not going up, but the dollar is collapsing. Just this century, the dollar has lost 85% of its value in real terms – gold. As the dollar reaches its intrinsic value of zero in the next few years, it is obviously totally meaningless to measure gold in dollars since the price in worthless fiat currency will be infinite. Gold and silver are not investment; they are savings accounts. pure and simple. Gold and silver are real money, so it is the choice for people with integrity, intelligence, and responsible people who want to protect the value of their savings. Gold and silver is the enemy of the Fed's unlimited fiat currency creation, creating massive under-reported inflation and is the enemy of the government's continuously increasing spending to create unpayable budget deficits. Therefore, the virtuous, rational-thinkers choose gold and silver over the evil monsters. Every time Gold looks like hitting two grand, the bankers' monkey hammer it back down. But it keeps going back up. The severity with which JPM and the fed metal manipulators hit the gold breakout, clubbing it down temporarily, reveals how desperate they are to prevent any price runaway that will reveal the impending failure of their ill-conceived, hail-mary effort to forestall the ongoing credit and financial collapse. While Gold Silver prices are on fire. The Fed and the Corrupt Crooks on Wall St. are in a panic and are very desperate. Do not sell your gold or silver cause you ain't seen nothing yet. GOLD IS KING. The Federal Reserve knows this is all over. Their final hail mary. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Investing directly in commodities, such as gold or oil, tends to be more difficult for investors than investing in stocks and bonds. A major reason for this is that stocks and bonds are readily transferable and easily accessible to the average investor. Traditionally, commodities have been more difficult to invest in due to the complex way in which they trade through the futures and options markets. In other words, an investor can't just buy a barrel of oil. Precious metals have been a store of wealth for millennia. Owning coins, bars, or jewelry used to be the only option to invest in gold, silver, or platinum, but today’s investors have a number of alternatives. In addition to bars and coins, you can also hold precious metals certificates, metals-backed exchange-traded funds (ETFs), and closed-end bullion funds. Gold is more accessible to the average person because an investor can easily purchase gold bullion (gold in its physical form) from a dealer or, in some cases, from a bank. However, with the advent of more advanced financial instruments, gold, along with other commodities, has become much easier to invest in without having to buy the physical metal. There are now exchange-traded funds (ETF) that replicate the movements of the underlying commodity, giving investors direct exposure. While not every commodity has an ETF, both gold and oil have ETFs. For example, the SPDR Gold Shares (ticker symbol GLD) trades on the New York Stock Exchange and can be traded at any time throughout the trading day. Each share of the ETF represents one-tenth of an ounce of gold, so if gold is currently $1,9500 an ounce, the gold ETF will trade at $150 per share. This investment product is one of the easiest and least expensive ways to access the gold market. In general, investors looking to invest in gold directly have three choices: they can purchase the physical asset, they can purchase an ETF that replicates the price of gold, or they can trade futures and options in the commodities market. #1 Physical Gold. Physical gold provides the most direct exposure to gold. Gold in bulk form is referred to as bullion, and it can be cast into bars or minted into coins. Gold bullion’s value is based on its mass and purity rather than by monetary face value. Even if a gold coin is issued with a monetary face value, its market value is tied to the value of its fine gold content. Investors can buy physical gold from government mints, private mints, precious metal dealers, and jewelers. Because different sellers may offer the exact same item at different prices, it is important to do your research to find the best deal. When you purchase physical gold, you must pay the full price. Physical gold ownership involves a number of costs, including storage and insurance costs, and the transaction fees and markups associated with buying and selling the commodity. There can also be processing fees and a small lot of fees for investors making small purchases. While collectively, these costs may not significantly affect someone looking to invest a small portion of their portfolio in gold, the costs may become prohibitive for investors seeking to gain larger exposure. Bars and coins are the most direct way to hold precious metals. Government minted bars and coins like the American Gold Eagle or Canadian Maple Leaf have a guarantee of the purity and can be purchased through authorized dealers. However, when holding bullion directly, investors are responsible for its storage and insurance and their ongoing costs. Also, bullion dealers charge a mark-up to your purchase price of coins and bars and buy them back at a discount. As well, bars and coins may not be easily traded. In the U.S., precious metals are considered to be collectibles like art, rare books, and fine wine. Provided you hold it for more than one year, for tax purposes, the capital gains tax on your net gain from selling a collectible is 28%. This level of tax is considerably higher than the tax rate on most net capital gains, which is an average of 15% for most taxpayers, according to the IRS. #1 If you sell a collectible in less than one year, the proceeds will be taxed as ordinary income. #2 Gold ETFs. Unlike physical gold, ETFs can be purchased on margin, meaning that investors only front a percentage of the investment’s value. ETFs allow investors to access gold while avoiding the costs and inconvenience of markups, storage costs, and security risks of holding physical gold. An investor will lose a percentage of his or her investment’s value each year to the fund’s expense ratio. An expense ratio is the recurring annual fee charged by funds to cover its management expenses and administrative costs. Precious metals exchange-traded portfolios are a popular way to gain exposure to precious metals without the inconvenience of storing and insuring physical bullion. Exchange-Traded Funds (ETFs) and Closed-End Funds provide investors with access to physical bullion with the daily liquidity of an exchange-traded security. Exchange-traded bullion funds are open-ended funds that issue shares backed by metals. Investors do not have direct beneficial ownership of the bullion and have no option to exchange their shares for physical metal. If investor demand outpaces available shares on a given trading day, the ETF will issue more shares to satisfy the demand and acquire more metal with the proceeds. Conversely, when there are more investors selling than buying, the ETF will redeem shares and sell the equivalent value of the metal. While bullion ETFs mostly hold allocated metals, they also hold unallocated metals to facilitate the creation and redemption of shares. In addition, the custodian that stores the metal is typically a bullion bank, which can create counterparty risk in the event of bankruptcy or insolvency. While bullion ETFs mostly hold allocated metals, they also hold unallocated metals to facilitate the creation and redemption of shares. In addition, the custodian that stores the metal is typically a bullion bank, which can create counterparty risk in the event of bankruptcy or insolvency. In the U.S., for tax purposes, bullion ETFs are considered collectibles by the IRS. The capital gains tax on an investor’s net gain from selling a collectible is 28%. #3 Closed-End Bullion Funds. Closed-end bullion funds are similar to ETFs, but issue units through initial public offerings and follow-on offerings and can cancel units through buybacks. The units are usually fully backed by allocated bullion. Because there is a fixed number of units at any given time, they may trade at a premium or a discount to their net asset value, depending on investor demand and whether there is an option to redeem for physical metal. Some closed-end funds are considered Passive Foreign Investment Companies (PFIC) and may offer more favorable tax treatment compared to coins, bars, precious metals certificates, and ETFs for non-corporate U.S. investors. Conclusion: The transaction costs associated with gold ETFs are often lower than the costs related to the purchase, storage, and insurance of physical gold. It is important to research the various costs, fees, and associated expenses of each type of investment to determine the investment that is both affordable and suitable for your portfolio. Precious metals ETFs may seem like an easy way to invest in gold and silver. But investors should understand that convenience comes at a price. My opinion is gold doesn't stop going up this time. The more they monkey hammer it, the more people will buy it. A self-fulfilling prophecy. Time to choose people. Paper or Gold? How strong is your faith in your government? This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Gold Prices Set to Break The All-Time High Record of $2000/oz

lynda.com@gmail.com (Politico Cafe) — Sat, 25 Jul 2020 18:20:00 -0700

Gold Prices Set to Break The All-Time High Record of $2000/oz

Gold may be a barbarous relic, but we live in barbarous times. Gold prices scored their best weekly gain in three months, with prices of the yellow metal breaking above the $1,900-mark for the first time since September 2011 on Friday. Gold prices finished at 8-year highs and continue to accelerate higher. The $2,000 mark for gold will be very easily broken. Gold prices closed the week up more than 5%. They have climbed by around 50% since the summer of 2018 when the metal bottomed under $1,200 an ounce. The yellow metal also has climbed around $400 an ounce from March’s COVID-19 crash, its steepest 17-week gain since the very tops of September 2011 and before that January 1980. Gold will keep going well beyond $2,000 with so much money printing across the globe devaluing currencies. The Asians sell gold when it strongly rises, but the West buys high into rallies. Holding since 1971 at $35 an ounce has been very profitable, but it requires patience and resolve to ride through the wide swings. Gold has long cycles: 12 years is not uncommon. Gold is the real money, and it has been proven after government invasions of countries to steal their gold and central banks buying records amounts of gold. Gold will most likely see $2,500 by the end of the year, maybe higher. In turn, Real Estate will take a massive correction (eventually) as the foreigners are forced out of the US Money Laundering business. Metals represent the only real tangible thing left in a sea of funny money, digital numbers, and a world crushed by debt and bad decisions. Why is this happening now? Because everyone knows we are screwed and wants physical. Trillions and trillions of stimulus and debt for the hopeless degenerates generation. It'll never be repaid without a serious devaluation of the debt of the currency, and the Fed will continue to accommodate with vigor to keep the government solvent. Gold bugs have always said it, but the virus and social revolution have accelerated the timeline. Gold goes up because the US Dollar goes down related to dollar debt. After world war 2, the USA had a dollar gap; now, a dollar overflows into debt. Not one politician has the courage to tackle the dollar debt crisis. The real reason for Obama attacking Libya has nothing to do with humanitarian reasons. It has everything to do with a gold heist. Obama unlawfully sent U.S. forces to attack Libya to control the country’s vast oil (black gold) resources and its 144 tons of gold bullion. Gold is among the rarest of elements. We can fit all gold ever mined into a swimming pool. The dollars of nothing used to purchase this extremely rare metal are CREATED FROM NOTHING with no limit. There is NO limit to how much the value of dollars can be diluted (inflation). Those 185000 tons in existence equal 5.92billion ounces. There are not enough ounces to give each person on the planet just one ounce. It might be true to say only 500 million on the planet can afford to buy gold. That is less than 12 ounces per person in that group. If that 500 million people each attempted to buy just one physical ounce of gold in the next six months, that equates to over 15000 tons of gold that would have to be made available. Silver is exploding for the same reason. Silver has even better fundamentals and long term outlook. Silver is suppressed for 135 years because it is the stick in the heart of the vampires who run the Central Banks. If you want to buy physical silver in the open market, you will pay a minimum of about $30 per ounce. Buy as much as you can on the fake Comex for $23, and even a 2nd grader can figure out there is a HUGE profit margin. Physical silver and gold RULE the price in the long haul. Smart people buy physical on the Comex at a HUGE discount and store it away in a private, secure location. On Friday, the few big banks traded 250 MILLION paper silver contracts. At 5000 / ounce, and the open interest DID NOT CHANGE. Do you understand what that means?? It means NO money traded hands. They trade a billion two in silver, and no money was exchanged. We are lucky if we have two billion on the entire planet YET. The CFTC, the Government regulators, allow a few big banks, JP Morgan, Citi, and HSBC to trade a billion ounces in one day, which does not exist, and they do not have in their vault. At least 400,000 tons of "gold" are traded on the Comex per year. The COMEX is not a joke. It is a Criminal Fraud being used to con everyone into thinking the spot price of silver should be 23 dollars per ounce. They don't call it the CRIMEX for nothin'! Unless you have physical gold, then you have nothing but an IOU, and your paper gold is costing storage fee scam. They sell the gold held over many times, just the same criminals at work fleecing the people. When will people stop buying the same ounce of Gold on paper 100 times over. They do not have it to give to you physically. About 50% of silver is used industrially, and the amount increases by about 4% per year. The supply of silver mined has been going down modestly prior to this year but perhaps much more of a decrease this year. And silver is 90/1 versus gold price, which is absurd. About 50% of silver is used industrially, and the amount increases at about four percent per year. The supply of silver mined has been going down prior to this year but perhaps much more of a decrease this year. And silver is 90/1 versus gold price, which is absurd versus coming out of the ground 8/1 by weight. So, there are about 2 billion ounces of silver above ground on the planet. A little more or less. We mine 800 million ounces per year. Not this year as 60% of the mines shut down for three months for the COVID. APPLE, ONE COMPANY, has 250 BILLION on hand in CASH. Not what their stock is worth. Just in cash. Apple could purchase ALL the above-ground stockpiles of silver at 23 dollars/ounce and still have 200 BILLION left over to buy bubble gum. Apple. Who builds tablets in China with slave labor at 50 dollars and sells them for 500 USD and... pays an effective tax rate of 1.9% on all of it... Now: Riddle me this, Batman... The Government needs tons of silver to build their weapons. Samsung to build their phones. Tesla to build their electric cars. Chain to build their solar. Industry to manufacture everything using tons of silver in tiny amounts. If everyone on the planet had to go to APPLE to buy their silver, they could NOT live without. What do you think the price would be?? Would Apple sell their silver for 50?? a thousand.. 2 or maybe even 3 thousand per ounce?? Who thinks they would settle for 20 bucks?? SILVER IS the Rarest, most useful commodity on the planet, and YOU ALL listened to the Globalist. The liars who call you all useless eaters. Convinced you silver is worthless when YOU could have bought it at 5, 10, or 15 dollars an ounce and changed your life and the life of your family. It is not even close to being late; the gold to silver ratio is still over 80 and should go below 20. silver will hit $200 minimum in the next couple of years at most. The reason silver certificates were pulled in 1963 was that the commodity value in a silver dollar for the first time rose above $1. It surpassed $1.33/oz in that year ( a silver dollar is 75% silver). It's now $17/oz. That should be all you need to know about how our monetary system works. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The loss of value in fiat and the rush into gold is caused by loss of confidence in fiat. Prediction: So one method they will use to crush gold price will be by attempting to crush confidence: a massive "scandal" of fake gold bars, banks being "taken," consumers "finding" fake one-ounce coins they claim to have bought from reputable dealers, central banks rushing to examine the bars in their vaults, etc. Hopefully, delivery demands will uncover the scam the COMEX is. The scam, which is an old racket, is fractional reserve trading of gold. As long as some big holder can keep a lot and trade-in promises to own it without delivery, that scam is profitable. This is known as banking. The only way to break them is for everyone to buy a safe and hold their own. The massive increase in demand cannot be met with the fake data/paper claims of silver reported by the Comex. The COMEX is dying a very slow and painful death (rightfully so!) With each person standing for DELIVERY! If this delivery trend continues, they cannot keep the price of gold and silver down by selling paper. And hopefully, that will lead to real price discovery for gold and silver, which will happen at unimaginable levels. If the little Robin Hood idiots would stay out of GLD and SLV, metal would do much better. Crash the COMEX. Demand delivery! Comex is a fraud. They don't have the gold and silver they claim to have. That spot price is fraudulent too, given the massive increase in demand. The CFTC does not investigate the Comex for market rigging! It is being paid to look the other way. Comex is and has been a giant fraud wherein all colluded to control the narrative. It won't be long now; the destruction of the economy is about to complete. Printing money and handing it to the people will accelerate, and so will the price of goods. The lack of confidence in the currencies will drive bullion out of the market, and mayhem will abound. Due to the unprecedented level of monetary stimulus, the party will continue at least into 2021, at which time the Dow will exceed 30,000. When the bottom drops out, the only investments on Wall Street that will offer protection will be precious metals, tips, and cash. The last audit of Fort Knox showed 956 tonnes of good delivery gold in 1975. The chances that even a fraction of that is still there, given the Keynesian training of FED and Treasury officials, is slim. Buy gold and end the FED, the dollar is being turned into toilet paper! The Fed and the Corrupt Crooks on Wall St. are in a panic and are very desperate. Do not sell your gold or silver cause you ain't seen nothing yet. GOLD IS KING. It is the money of Kings. Silver is the money of Gentleman. Barter is the money of Peasants. Debt is the money of Slaves. If you don't hold it, then you don't own it. Keep Stacking. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy, friends!