<?xml version="1.0" encoding="UTF-8" standalone="no"?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><rss xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" version="2.0"><channel><title>FINANCE GOLD &amp;amp; SILVER BLOG</title><description>&lt;i&gt;This blog is tracking Gold Silver Precious Metals Markets , The Financial and Stocks Markets and The Economy&lt;/i&gt;</description><managingEditor>noreply@blogger.com (The Atlantis Report)</managingEditor><pubDate>Mon, 7 Sep 2026 08:58:25 -0700</pubDate><generator>Blogger http://www.blogger.com</generator><openSearch:totalResults xmlns:openSearch="http://a9.com/-/spec/opensearchrss/1.0/">5591</openSearch:totalResults><openSearch:startIndex xmlns:openSearch="http://a9.com/-/spec/opensearchrss/1.0/">1</openSearch:startIndex><openSearch:itemsPerPage xmlns:openSearch="http://a9.com/-/spec/opensearchrss/1.0/">25</openSearch:itemsPerPage><link>http://bobchapman.blogspot.com/</link><language>en-us</language><itunes:explicit>no</itunes:explicit><itunes:keywords>Oil,Market</itunes:keywords><itunes:summary>Oil Market</itunes:summary><itunes:subtitle>Oil Market</itunes:subtitle><itunes:category text="Business"><itunes:category text="Investing"/></itunes:category><itunes:owner><itunes:email>lynda.com@gmail.com</itunes:email></itunes:owner><item><title>Robert Kiyosaki’s Warning to Savers: Why Making Money May No Longer Be Enough</title><link>http://bobchapman.blogspot.com/2026/09/robert-kiyosakis-warning-to-savers-why.html</link><pubDate>Sun, 6 Sep 2026 06:28:40 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-4175939044554772593</guid><description>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;h2&gt;The Financial Trap Millions of People Don't Realize They're Already In&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;What if earning a good income, saving diligently and keeping money in the bank isn't enough to make you financially secure?&lt;/p&gt;&lt;p&gt;That is one of the uncomfortable questions raised by Robert Kiyosaki's long-running critique of conventional personal finance.&lt;/p&gt;&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/B1kYDmArYAU?si=YDKhohYorjmdurrE&amp;amp;controls=0" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;For decades, people have been taught a relatively simple formula:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Get a good job.&lt;br /&gt;Earn more money.&lt;br /&gt;Save as much as possible.&lt;br /&gt;Pay off your debts.&lt;br /&gt;Put money into traditional investments.&lt;br /&gt;Retire comfortably.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Kiyosaki argues that this formula can become dangerous when the financial environment changes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;His alternative philosophy revolves around &lt;strong&gt;financial education, ownership, cash flow, productive assets and understanding the effects of inflation and debt.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And with investors currently watching Bitcoin, gold and silver while simultaneously worrying about government debt, interest rates and purchasing power, his argument has gained renewed attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But there is a deeper question underneath the entire debate:&lt;/p&gt;&lt;h3&gt;What happens to people who spend their entire lives saving money without learning how the monetary system works?&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;That may be Kiyosaki's most important warning.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;1. Your Bank Balance Can Rise While Your Purchasing Power Falls&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is one of the easiest financial concepts to overlook.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Suppose you have $100,000 in cash.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The number doesn't change.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You still have $100,000.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But if the prices of housing, food, energy, insurance and other necessities increase significantly over time, the amount of goods and services that $100,000 can purchase may decline.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Your account balance hasn't disappeared.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Your purchasing power has changed.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is why inflation is so important.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;For savers, inflation creates a silent problem.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The danger isn't necessarily watching your bank balance collapse.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The danger is watching your money remain numerically stable while the cost of everything around you rises.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is one reason Kiyosaki has historically been skeptical of the idea that simply accumulating cash automatically creates financial security.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;His argument is that investors should understand &lt;strong&gt;what their money is doing while they hold it.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;2. Kiyosaki's Problem With “Work, Save, Retire”&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The traditional financial model assumes that employment income will remain the foundation of financial security.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But what happens if your income stops?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Your bills don't necessarily stop with it.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is why Kiyosaki emphasizes the difference between &lt;strong&gt;earned income&lt;/strong&gt; and &lt;strong&gt;income generated by assets.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;An employee generally exchanges time and skills for money.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;An investor attempts to put capital to work.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A business owner attempts to build systems that generate revenue.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;These aren't identical economic models.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And Kiyosaki believes understanding that difference is essential.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The goal isn't necessarily to quit your job.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;For many people, a job is the most important source of capital they have.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The bigger lesson is:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Don't allow your salary to become your only financial engine.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Use earned income to build savings.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Use savings to acquire productive assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Use financial education to understand those assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And gradually attempt to increase the portion of your income that doesn't depend entirely on your hours worked.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;3. Why He Keeps Coming Back to Gold and Silver&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Kiyosaki's enthusiasm for gold and silver is closely connected to his concerns about monetary policy and currency purchasing power.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has been used as money and a store of value across numerous civilizations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver has also played an important monetary role while simultaneously becoming an important industrial commodity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That makes precious metals fundamentally different from a bank deposit.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But there is an important caveat.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Gold and silver aren't guaranteed to protect investors from every financial problem.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Their prices fluctuate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They can experience long periods of underperformance.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They generate no traditional operating cash flow simply by sitting in a vault.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And physical ownership introduces storage and transaction considerations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;So the useful question isn't:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“Will gold go up?”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It's:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“What role, if any, should precious metals play in my financial plan?”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is a much more intelligent question.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;4. Then There Is Bitcoin — The Completely Different Bet&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Kiyosaki's investment philosophy has increasingly incorporated Bitcoin alongside precious metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But Bitcoin represents a radically different proposition.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is physical.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bitcoin is digital.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has thousands of years of history.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bitcoin is a relatively new technology.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has industrial and jewelry demand.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bitcoin's value proposition is primarily connected to its digital monetary characteristics and network.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That doesn't make one automatically superior to the other.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It means they should be analyzed differently.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bitcoin's enormous historical price swings also demonstrate why investors should distinguish between &lt;strong&gt;an asset's long-term thesis and its short-term price movement.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A person who buys Bitcoin simply because the price is rising may have a very different risk profile from someone who understands the technology and monetary thesis and has deliberately allocated only a manageable portion of their portfolio to it.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Kiyosaki's broader message is therefore not merely:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Buy Bitcoin.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It's:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Understand why you own what you own.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;5. Debt Could Be the Most Misunderstood Part of the Equation&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Here's where Kiyosaki's philosophy becomes particularly controversial.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;He has repeatedly argued that debt isn't necessarily bad.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The distinction, in his framework, is between debt used for productive purposes and debt used for consumption.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Consider two people.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;One borrows money to purchase an asset that generates income.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The other borrows money to purchase something that immediately loses value.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Both have debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But economically, they are doing very different things.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The first person is attempting to use leverage to acquire an income-producing asset.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The second is using future income to finance consumption.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;However, there is a critical warning that shouldn't be overlooked:&lt;/p&gt;&lt;h3&gt;Leverage magnifies losses as well as gains.&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;If an investment declines dramatically while the debt remains, the investor can become trapped.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Interest payments continue.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The asset may fall.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Cash flow may disappear.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Refinancing may become more expensive.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Therefore, the real lesson isn't &lt;strong&gt;“debt is good.”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The lesson is:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Understand exactly what your debt is doing to your balance sheet.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Financial Education Gap&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This may ultimately be Kiyosaki's strongest argument.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Consider how much time people spend learning how to earn money.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Years of school.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Professional qualifications.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;University degrees.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Training.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Work experience.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But how much time do most people spend learning:&lt;/p&gt;&lt;ul data-spread="false"&gt;&lt;li&gt;how inflation works?&lt;/li&gt;&lt;li&gt;how interest rates affect investments?&lt;/li&gt;&lt;li&gt;how businesses generate cash flow?&lt;/li&gt;&lt;li&gt;how leverage works?&lt;/li&gt;&lt;li&gt;how taxes influence investment returns?&lt;/li&gt;&lt;li&gt;how balance sheets work?&lt;/li&gt;&lt;li&gt;how debt compounds?&lt;/li&gt;&lt;li&gt;how asset valuations are calculated?&lt;/li&gt;&lt;/ul&gt;&lt;p class="isSelectedEnd"&gt;The gap is enormous.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Someone can earn six figures and still make terrible financial decisions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Someone can earn less and gradually build a strong financial position through disciplined saving, investing and ownership.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Income matters.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But &lt;strong&gt;financial intelligence determines what happens to that income after you earn it.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The “Rich” vs. “Financially Free” Distinction&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is another important concept hidden inside Kiyosaki's philosophy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Looking wealthy and being financially secure are not necessarily the same thing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A person may drive an expensive vehicle.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Live in a large home.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Take luxurious vacations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Wear expensive clothes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And still depend entirely on their next paycheck.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Meanwhile, another person may live relatively modestly while owning businesses, investments or other productive assets that generate income.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Which person has greater financial independence?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That's the question Kiyosaki wants people to consider.&lt;/p&gt;&lt;h3&gt;Wealth isn't necessarily about what you own.&lt;/h3&gt;&lt;h3&gt;It can also be about what your assets produce.&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;This is why cash flow is so important.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;What Happens If the Economy Changes?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is where the entire argument becomes relevant to today's investor.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Imagine a world in which:&lt;/p&gt;&lt;ul data-spread="false"&gt;&lt;li&gt;inflation remains unpredictable,&lt;/li&gt;&lt;li&gt;government debt continues expanding,&lt;/li&gt;&lt;li&gt;interest rates remain volatile,&lt;/li&gt;&lt;li&gt;asset prices experience major corrections,&lt;/li&gt;&lt;li&gt;employment becomes less secure,&lt;/li&gt;&lt;li&gt;currencies fluctuate,&lt;/li&gt;&lt;li&gt;and investors become increasingly concerned about purchasing power.&lt;/li&gt;&lt;/ul&gt;&lt;p class="isSelectedEnd"&gt;Would your financial strategy still work?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That's the stress test.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If your entire financial plan depends on:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;one employer + one salary + one currency + one investment account,&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;you may have concentration risk that has nothing to do with your stock portfolio.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;True diversification can involve much more than buying 20 different stocks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It can involve diversifying &lt;strong&gt;how you earn, save, invest and create cash flow.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The 5-Part Kiyosaki Financial Stress Test&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Before making another major financial decision, consider these five questions.&lt;/p&gt;&lt;h2&gt;1. How dependent am I on my paycheck?&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;If your income stopped tomorrow, how long could you maintain your lifestyle?&lt;/p&gt;&lt;h2&gt;2. How much of my wealth is sitting in cash?&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Cash provides liquidity, but excessive cash exposure can create purchasing-power risk during periods of inflation.&lt;/p&gt;&lt;h2&gt;3. Do I own productive assets?&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Ask whether your investments can potentially generate income or other economic value.&lt;/p&gt;&lt;h2&gt;4. Do I understand my debt?&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Know the interest rate, repayment schedule, collateral, refinancing risk and worst-case scenario.&lt;/p&gt;&lt;h2&gt;5. What happens if I'm wrong?&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;This is perhaps the ultimate investment question.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If Bitcoin falls sharply, what happens?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If gold falls, what happens?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If real estate declines, what happens?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the stock market crashes, what happens?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If interest rates rise, what happens?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A strong financial plan isn't one that assumes everything goes right.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;It's one that has considered what happens when something goes wrong.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Biggest Lesson Isn't Bitcoin, Gold or Silver&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is where the conversation about Kiyosaki becomes much more interesting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You don't have to believe Bitcoin will reach a particular price.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You don't have to believe gold is headed dramatically higher.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You don't have to believe the global economy is approaching collapse.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And you don't have to agree with Kiyosaki's most controversial predictions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You can still learn something from his central philosophy.&lt;/p&gt;&lt;h3&gt;Don't outsource your financial education.&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Because when you don't understand money, you become dependent on other people's decisions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You depend on your employer.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You depend on financial institutions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You depend on government policy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You depend on market commentators.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You depend on whatever investment happens to be fashionable at the moment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Financial education gives you another option:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Understand the rules yourself.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Bottom Line&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Robert Kiyosaki's most controversial financial message can be reduced to a surprisingly simple idea:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Making money and building wealth are two different things.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A large paycheck doesn't guarantee financial freedom.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A large bank balance doesn't guarantee purchasing-power protection.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A valuable house doesn't automatically create cash flow.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A rising Bitcoin price doesn't automatically make someone financially independent.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And owning gold doesn't eliminate investment risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The objective should be bigger than finding the next asset that explodes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It should be building a financial structure capable of surviving different economic environments.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That means learning how money works.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Understanding risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Building productive assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Controlling unnecessary debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Developing multiple sources of income.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Maintaining appropriate liquidity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And refusing to blindly follow financial headlines.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because the next great investment opportunity may not be obvious today.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But neither will the next great financial risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The people who understand both may be the ones best positioned for whatever comes next.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Question Every Investor Should Answer Today&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Forget Bitcoin for a moment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Forget gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Forget silver.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Forget stocks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Forget real estate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Ask yourself one question:&lt;/p&gt;&lt;h2&gt;“If my paycheck disappeared tomorrow, how much of my financial life would continue working without me?”&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;If the answer is &lt;strong&gt;almost nothing&lt;/strong&gt;, Kiyosaki's message deserves serious consideration.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Not because he can predict the future.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nobody can.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But because financial independence ultimately comes down to something far more fundamental:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;How much control do you have over your own financial future?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That's the question worth answering before the next market crisis forces you to answer it.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Do you believe the traditional “work, save and retire” model still works in today's economy—or do investors need to become owners of productive assets?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Share your thoughts in the comments and follow this blog for more analysis covering &lt;strong&gt;Bitcoin, gold, silver, inflation, interest rates, debt and the changing global financial system.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;em&gt;Disclaimer: This article is for educational and informational purposes only and does not constitute financial, investment or tax advice. Assets can lose value, and past performance does not guarantee future results. Always conduct your own research and consider your financial circumstances and risk tolerance before investing.&lt;/em&gt;&lt;/p&gt;</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/B1kYDmArYAU/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>Nobody Expected This From Kevin Warsh. Now Your Mortgage, Savings, and Stocks Are on the Clock</title><link>http://bobchapman.blogspot.com/2026/09/nobody-expected-this-from-kevin-warsh.html</link><pubDate>Fri, 4 Sep 2026 11:25:24 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-989179043839579016</guid><description>&lt;p&gt;&lt;br /&gt;&lt;/p&gt;
&lt;h1&gt;The Fed Chair Trump Hand-Picked to CUT Rates Is About to Hike Them Instead — Here's What That Trap Means for Your Money&lt;/h1&gt;
&lt;p&gt;&lt;br /&gt;&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;&lt;em&gt;"Trump's 'Easy Money' Fed Chair Just Went Rogue — 3 Money Moves Before September 17"&lt;/em&gt;&lt;/li&gt;
&lt;li&gt;&lt;em&gt;"Nobody Expected This From Kevin Warsh. Now Your Mortgage, Savings, and Stocks Are on the Clock."&lt;/em&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;hr /&gt;
&lt;h2&gt;&lt;br /&gt;&lt;/h2&gt;
&lt;p&gt;Six months ago, Kevin Warsh was installed as Federal Reserve Chair for one reason: to give the White House the rate cuts it had been demanding for years. Instead, he just stood on a stage in Jackson Hole, Wyoming, and pushed the odds of a &lt;strong&gt;rate hike&lt;/strong&gt; higher than they've been all year — with a jobs report this week making the case even stronger.&lt;/p&gt;
&lt;p&gt;If you have a mortgage, a savings account, a credit card balance, or a single dollar in the stock market, the next two weeks decide which direction your money moves. Most people won't see it coming until their bank statement does.&lt;/p&gt;
&lt;h2&gt;What's Actually Going On (Quick Context)&lt;/h2&gt;
&lt;p&gt;This breakdown is built around the wave of finance commentary circulating right now — most notably the widely shared analysis &lt;strong&gt;"KEVIN WARSH DROPS THE HAMMER: Why a Fed Rate Hike Is Back on the Table!"&lt;/strong&gt; — cross-checked against live reporting from Bloomberg, CNBC, and the Fed's own commentary through September 4, 2026.&lt;/p&gt;
&lt;p&gt;The short version: Warsh was appointed as a chair markets assumed would be dovish — friendly to lower rates, friendly to the administration that picked him. At the Fed's Jackson Hole symposium in late August, he did the opposite of what he was "supposed" to do. He delivered a hawkish speech reaffirming the Fed's 2% inflation target and warning that price pressures haven't cooled enough to justify easing. Traders reacted instantly: the probability of a September rate hike, priced into futures markets, roughly doubled in a single day. Then, on September 4, a stronger-than-expected August jobs report added fuel to the fire, giving hawks even more ammunition heading into the September 17 meeting.&lt;/p&gt;
&lt;p&gt;This is the kind of story that never makes it into a 30-second headline — but it's the exact setup that has caught regular investors off guard before.&lt;/p&gt;
&lt;h2&gt;The 5 Things You Need to Understand&lt;/h2&gt;
&lt;h3&gt;1. Warsh's job was to cut rates. He's now leaning the other way.&lt;/h3&gt;
&lt;p&gt;Warsh was widely expected to steer the Fed toward the lower-rate policy the administration has pushed for. Instead, his Jackson Hole remarks reaffirmed the Fed's commitment to fighting inflation and described financial conditions as not restrictive — Fed-speak for "there's room to tighten, not ease." That's the opposite signal markets were positioned for, and it's why this story is spreading so fast: it breaks the narrative everyone assumed was locked in.&lt;/p&gt;
&lt;h3&gt;2. The odds flipped almost overnight.&lt;/h3&gt;
&lt;p&gt;Before Warsh spoke, fed funds futures showed roughly a 1-in-3 chance of a September hike. Within a day of his speech, that jumped to somewhere around 55–60%. This isn't a slow drift — it's the kind of repricing that moves bond yields, currencies, and gold within hours. The 2-year Treasury yield jumped, the dollar strengthened, and gold sold off as traders repositioned for tighter money.&lt;/p&gt;
&lt;h3&gt;3. The August jobs report just tipped the scale further.&lt;/h3&gt;
&lt;p&gt;Going into September, the Fed's decision was supposed to hinge on inflation data. But the August jobs numbers, released September 4, came in hotter than every economist's forecast, with unemployment holding steady. A too-strong labor market gives the Fed more room — and more justification — to raise rates rather than cut them, since a hike is far less likely to cause a spike in joblessness the Fed would need to answer for.&lt;/p&gt;
&lt;h3&gt;4. Not everyone agrees this hike is justified — and that disagreement matters to you.&lt;/h3&gt;
&lt;p&gt;Some strategists argue there's "no empirical basis" for a hike, suggesting Warsh may be talking tough now so he can later claim credit for taming inflation that was already cooling on its own. Others see genuine, still-elevated inflation (running "meaningfully above" the Fed's 2% target, according to Fed officials themselves) as reason enough. The point isn't who's right — it's that the Fed's decision is genuinely uncertain, which means volatility is likely no matter which way it goes on September 17.&lt;/p&gt;
&lt;h3&gt;5. A hike hits differently than the cut everyone was expecting.&lt;/h3&gt;
&lt;p&gt;This is the part most explainers skip. A rate cut and a rate hike don't just move markets in opposite directions — they hit different parts of your financial life:&lt;/p&gt;
&lt;table&gt;
&lt;thead&gt;
&lt;tr&gt;
&lt;th&gt;If the Fed &lt;strong&gt;hikes&lt;/strong&gt;&lt;/th&gt;
&lt;th&gt;If the Fed &lt;strong&gt;holds/cuts&lt;/strong&gt;&lt;/th&gt;
&lt;/tr&gt;
&lt;/thead&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td&gt;Mortgage &amp;amp; auto loan rates likely stay elevated or rise further&lt;/td&gt;
&lt;td&gt;Rates may start easing, better for new borrowers&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Savings accounts / CDs / money markets keep paying well&lt;/td&gt;
&lt;td&gt;Yields on cash start drifting down&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Growth stocks and crypto typically face more pressure&lt;/td&gt;
&lt;td&gt;Risk assets often get a relief rally&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Credit card APRs stay high or climb&lt;/td&gt;
&lt;td&gt;Slight relief on variable-rate debt&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
&lt;td&gt;Dollar strengthens, making imports cheaper, travel abroad cheaper&lt;/td&gt;
&lt;td&gt;Dollar softens&lt;/td&gt;
&lt;/tr&gt;
&lt;/tbody&gt;
&lt;/table&gt;
&lt;h2&gt;What To Actually Do Before September 17&lt;/h2&gt;
&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;If you're carrying variable-rate debt&lt;/strong&gt; (credit cards, HELOCs), don't wait for the decision — a hike locks in higher costs for months. Paying down high-APR balances now is cheaper than paying them down after the 17th.&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;If you're sitting on cash&lt;/strong&gt;, this environment still rewards it — high-yield savings and short-term CDs remain competitive as long as rates stay elevated.&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;If you're investing&lt;/strong&gt;, expect volatility in both directions around the meeting. This is a moment to check your allocation, not to make emotional moves the day of the announcement.&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;If you're house hunting&lt;/strong&gt;, don't assume rates are about to drop. Lock in terms you can afford today rather than betting on a cut that may not come.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2&gt;Your Move&lt;/h2&gt;
&lt;p&gt;The Fed meets on &lt;strong&gt;September 17&lt;/strong&gt;. Whatever happens, the people who saw it coming will have already adjusted — the people who didn't will be reacting to a rate hike after their next credit card statement or mortgage quote already reflects it.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Which way do you think the Fed goes — hike, hold, or surprise cut? Drop your prediction in the comments&lt;/strong&gt;, and subscribe so you're not finding out from your bank statement. If this saved you from being blindsided, share it with the one friend who still thinks rate cuts are "obviously" coming.&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;&lt;em&gt;This article synthesizes public market commentary and reporting as of September 4, 2026 (Bloomberg, CNBC, PBS NewsHour, Fed public remarks). It is for informational purposes only and is not financial advice.&lt;/em&gt;&lt;/p&gt;</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>This 40-Year Gold Rule Just Broke and Wall Street Is Pretending It Didn't</title><link>http://bobchapman.blogspot.com/2026/09/this-40-year-gold-rule-just-broke-and.html</link><pubDate>Tue, 1 Sep 2026 13:54:48 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-4790496405413416095</guid><description>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;h3 dir="ltr"&gt;Every finance textbook says this shouldn't be possible. It's happening anyway.&lt;/h3&gt;

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/rlnCp79ImZM?si=PPCnSktcPfeJ4hqW&amp;amp;controls=0" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen&gt;&lt;/iframe&gt;

&lt;p dir="ltr"&gt;On July 23, 2026, the U.S. Treasury auctioned a 10-year TIPS bond. The real, inflation-adjusted yield that priced: &lt;strong&gt;2.44%&lt;/strong&gt; — the highest for that maturity since October 2008. That means, for the first time in nearly two decades, an investor can lock in a &lt;strong&gt;guaranteed, risk-free 2.44% return above inflation for ten straight years.&lt;/strong&gt;&lt;/p&gt;

&lt;p dir="ltr"&gt;According to the textbook, that's a death sentence for gold. Every model built over the last 40 years says the same thing: when real yields spike like that, non-yielding gold gets crushed, because the "opportunity cost" of holding it just went up sharply.&lt;/p&gt;

&lt;p dir="ltr"&gt;Gold didn't get crushed. As of this week, bullion is trading in the &lt;strong&gt;$4,400s&lt;/strong&gt; — still up close to &lt;strong&gt;100% over the past twelve months.&lt;/strong&gt;&lt;/p&gt;

&lt;p dir="ltr"&gt;The rule that has governed the gold market since the 1980s just quietly stopped working, and almost nobody outside a handful of niche macro newsletters is saying so out loud. That's the real story mainstream coverage keeps missing — and it's the whole subject of our latest video, &lt;em&gt;"Gold &amp;amp; Interest Rates: The One Thing Mainstream Media Keeps Getting WRONG."&lt;/em&gt;&lt;/p&gt;

&lt;hr /&gt;
&lt;h2 dir="ltr"&gt;QUICK INTRO — WHAT THIS VIDEO IS ACTUALLY ABOUT&lt;/h2&gt;

&lt;p dir="ltr"&gt;This isn't another "will gold go up or down this week" video. It's about the &lt;em&gt;model itself&lt;/em&gt; breaking — the specific, decades-old statistical relationship that every gold analyst, every financial advisor, and every headline writer has used to explain gold prices since the 1980s. We show you exactly what that model says, exactly where it stopped predicting reality, and what that breakdown tells you about what's really driving gold right now instead. If you've ever been told "gold and real rates move opposite each other, it's basically physics" — this video shows you the chart where that stopped being true.&lt;/p&gt;

&lt;hr /&gt;
&lt;h2 dir="ltr"&gt;4 SIGNALS THE "REAL YIELD RULE" IS BROKEN&lt;/h2&gt;

&lt;h3 dir="ltr"&gt;Signal #1: The correlation used to be almost perfect. Now it isn't.&lt;/h3&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;TRUTHMODE:&lt;/strong&gt; This isn't a fringe theory. Between 2006 and 2021, the correlation coefficient between gold and the 10-year real yield sat at &lt;strong&gt;-0.933&lt;/strong&gt; — about as close to a perfect inverse relationship as you get in financial markets. Separate long-run research from Erb and Harvey puts the historical figure at &lt;strong&gt;-0.82&lt;/strong&gt;. PIMCO's own regression model, built on 20 years of data, found that every &lt;strong&gt;100-basis-point rise&lt;/strong&gt; in real 10-year yields has historically dragged gold's inflation-adjusted price down by roughly &lt;strong&gt;18%&lt;/strong&gt; — what they call gold's "18-year real duration."&lt;/p&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;ELI10:&lt;/strong&gt; Imagine two kids on a seesaw who have gone up and down opposite each other literally every single time you've watched them play, for 20 years straight. That's how reliable this relationship has been. Now imagine one day they both start going up at the same time. That's what's happening right now, and it's a big enough deal that it should be front-page news in financial media — not a footnote in a niche newsletter.&lt;/p&gt;

&lt;h3 dir="ltr"&gt;Signal #2: The two lines that "can't" move together are moving together&lt;/h3&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;REDTEAM (steel-manning the old model first):&lt;/strong&gt; To be fair to the traditional framework — it's not being unreasonable. Real yields near 2.44% genuinely are historically high, and the mechanical case for gold weakness is sound on paper: you can now get a guaranteed positive return above inflation for a decade, risk-free, from the U.S. government. That should pull capital out of a zero-yield asset like gold. It's not crazy that Wall Street strategists keep pointing to this as a bearish gold signal.&lt;/p&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;But here's what the model can't explain:&lt;/strong&gt; the 10-year TIPS yield and the price of gold have been charted from January 2025 through August 2026, and instead of the usual mirror-image pattern, the two lines are now &lt;strong&gt;climbing together.&lt;/strong&gt; Rising real yields are supposed to be gold's single worst enemy. Gold is ignoring the memo.&lt;/p&gt;

&lt;h3 dir="ltr"&gt;Signal #3: This isn't the first time the rule bent — but this time it's not bending back&lt;/h3&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;TRUTHMODE:&lt;/strong&gt; Skeptics will correctly point out the relationship has wobbled before — in late 2023, gold climbed even as real yields rose, largely attributed at the time to the Hamas-Israel conflict driving safe-haven demand alongside a genuine surge in stock/bond correlation to two-decade highs. That episode was treated as a temporary geopolitical anomaly, and to be fair, it mostly was. The current break is different in one important way: it isn't resolving. It's been going on for months, through multiple Fed cycles, multiple geopolitical flashpoints, and it hasn't snapped back to the historical pattern the way 2023's did.&lt;/p&gt;

&lt;h3 dir="ltr"&gt;Signal #4: When a model breaks, it's usually because the &lt;em&gt;underlying assumption&lt;/em&gt; changed — not the math&lt;/h3&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;ELI10:&lt;/strong&gt; A model that says "gold falls when real yields rise" only works if the reason people buy gold hasn't changed. For most of the last 40 years, people mainly bought gold as an inflation hedge — insurance against prices rising faster than expected. But if a growing share of gold buyers — especially central banks — are buying it for a &lt;em&gt;different&lt;/em&gt; reason (insurance against government debt levels and currency debasement, not just inflation), then the old "opportunity cost" math stops capturing the whole picture. You'd expect exactly what we're seeing: real yields rise, the textbook says sell, and gold holds anyway because the buyers aren't playing the textbook's game anymore.&lt;/p&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;REDTEAM:&lt;/strong&gt; This is a real regime-change interpretation, not proof. It's entirely possible the correlation snaps back hard once volatility settles and real yields stabilize — models built on 20 years of data don't get thrown out because of an 18-month anomaly. The honest position is: the old rule is &lt;em&gt;currently&lt;/em&gt; failing to predict price action, and that's worth understanding even if you're not ready to declare it permanently dead.&lt;/p&gt;

&lt;hr /&gt;
&lt;h2 dir="ltr"&gt;WHAT THIS ACTUALLY MEANS FOR YOU (NO SPIN)&lt;/h2&gt;

&lt;p dir="ltr"&gt;If you've been avoiding gold because "rates are high, so gold should struggle" — that logic used to be sound and might not be anymore. If you've been in gold and got nervous every time a Fed official talks tough on inflation — the data suggests that nervousness may be reacting to a signal that's lost most of its predictive power over the last year. Neither of those is investment advice; it's a reason to actually understand &lt;em&gt;why&lt;/em&gt; the price is doing what it's doing instead of reflexively trusting a 40-year-old rule of thumb that the market itself appears to be rewriting in real time.&lt;/p&gt;

&lt;hr /&gt;
&lt;h2 dir="ltr"&gt;STRONG CALL TO ACTION&lt;/h2&gt;

&lt;p dir="ltr"&gt;Here's the uncomfortable truth: most people trading or investing in gold right now are still using a mental model that the market has quietly outgrown. That's not their fault — it's what every headline, every finance class, and every "explainer" article has taught for two generations.&lt;/p&gt;

&lt;p dir="ltr"&gt;&lt;br /&gt;&lt;/p&gt;

&lt;p dir="ltr"&gt;&#128073; &lt;strong&gt;Comment below: did you know the "gold vs. real rates" rule was breaking down, or is this the first you're hearing of it?&lt;/strong&gt; I read every comment on this one and I'll be answering the best questions directly.&lt;/p&gt;

&lt;p dir="ltr"&gt;&lt;strong&gt;Subscribe&lt;/strong&gt; if you want the next broken model flagged before it's obvious to everyone else.&lt;/p&gt;

&lt;hr /&gt;
&lt;hr /&gt;
&lt;h2 dir="ltr"&gt;&lt;br /&gt;&lt;/h2&gt;

&lt;p dir="ltr"&gt;&lt;em&gt;Disclaimer: This blog is for educational purposes only and is not financial advice. Gold and precious metals investing carries risk, including price volatility and potential loss of principal. Do your own research and consult a licensed financial advisor before making investment decisions.&lt;/em&gt;&lt;/p&gt;</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/rlnCp79ImZM/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>Gold, Silver and the Bond Market Are Sending a Confusing Signal—Here’s What It Really Means</title><link>http://bobchapman.blogspot.com/2026/08/gold-silver-and-bond-market-are-sending.html</link><pubDate>Mon, 31 Aug 2026 10:23:20 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-3122912723464169484</guid><description>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;h3 class="PDq2pG_selectionAnchorContainer" data-end="1542" data-section-id="13bswda" data-start="1440"&gt;&lt;span role="text"&gt;&lt;strong data-end="1542" data-start="1444"&gt;Gold Just Fell Hard—But September Could Decide Whether the $7,000 Gold Forecast Is Still Alive&lt;/strong&gt;&lt;/span&gt;&lt;span aria-hidden="true" class="PDq2pG_selectionAnchor"&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube-nocookie.com/embed/1xtQPZMnc48?si=BZXld1st35dSeVMg&amp;amp;controls=0" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;&lt;h1&gt;Gold Just Fell Hard—But September Could Decide Whether the $7,000 Gold Forecast Is Still Alive&lt;/h1&gt;&lt;p&gt;&lt;strong&gt;Gold just suffered one of its sharpest setbacks in weeks. Silver has been hit even harder. The Federal Reserve is suddenly sounding more hawkish, oil prices are climbing again, Treasury yields are rising—and yet the U.S. Treasury is preparing to dramatically increase its long-end bond buybacks.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;That combination creates a remarkable September setup for precious-metals investors.&lt;/p&gt;&lt;p&gt;Jordan Roy-Byrne of The Daily Gold warned in his August 28 video, &lt;strong&gt;“If You Own Gold or Silver, Watch This Before September,”&lt;/strong&gt; that investors should pay close attention to the technical structure beneath the recent precious-metals rally. The video focuses heavily on gold, silver, miners, the Treasury market and the yield curve.&lt;/p&gt;&lt;p&gt;But the timing has become even more interesting since the video was released.&lt;/p&gt;&lt;p&gt;On August 28, Federal Reserve Chairman Kevin Warsh delivered a hawkish Jackson Hole speech, warning that inflation remains substantially above the Fed's 2% target. The Fed's preferred PCE inflation measure was running at 3.7% over 12 months, according to Warsh.&lt;/p&gt;&lt;p&gt;Then gold fell more than 3%.&lt;/p&gt;&lt;p&gt;On Monday, August 31, gold remained under pressure, with renewed U.S.-Iran hostilities pushing oil prices higher and markets increasing their expectations for another Fed rate increase. Yahoo Finance reported gold futures opened around $4,483, while silver futures opened around $66.80.&lt;/p&gt;&lt;p&gt;And that is precisely why September could matter so much.&lt;/p&gt;&lt;p&gt;Because underneath the headlines, &lt;strong&gt;two opposing forces are now fighting for control of the precious-metals market.&lt;/strong&gt;&lt;/p&gt;&lt;hr /&gt;&lt;h2&gt;&#128680; THE BIG CLAIM: GOLD'S NEXT MOVE MAY BE DECIDED BY THE BOND MARKET&lt;/h2&gt;&lt;p&gt;Most investors watch gold.&lt;/p&gt;&lt;p&gt;Sophisticated investors watch &lt;strong&gt;Treasuries&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Why?&lt;/p&gt;&lt;p&gt;Because gold doesn't exist in isolation.&lt;/p&gt;&lt;p&gt;Gold competes with interest-bearing assets.&lt;/p&gt;&lt;p&gt;When Treasury yields rise sharply, investors have a greater incentive to hold bonds instead of an asset that produces no interest.&lt;/p&gt;&lt;p&gt;When yields fall—or when investors become worried about inflation, government debt, currency debasement or financial instability—the calculation can change dramatically.&lt;/p&gt;&lt;p&gt;And right now, the Treasury market is sending an unusually complicated message.&lt;/p&gt;&lt;p&gt;The U.S. Treasury announced on August 19 that it would &lt;strong&gt;at least double the maximum size of its long-end liquidity-support buyback operations from $2 billion to $4 billion per operation&lt;/strong&gt;, beginning September 9. The purchases cover the 10-to-20-year and 20-to-30-year sectors.&lt;/p&gt;&lt;p&gt;That does &lt;strong&gt;not&lt;/strong&gt; mean the Treasury is launching a $1 trillion quantitative-easing program.&lt;/p&gt;&lt;p&gt;That distinction matters.&lt;/p&gt;&lt;p&gt;But it does mean the Treasury is increasing its support for liquidity in the long end of the bond market.&lt;/p&gt;&lt;p&gt;And the timing is extraordinary.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;September 9.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Just days before the September Federal Reserve decision.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;1. THE FED JUST THREW COLD WATER ON THE GOLD RALLY&lt;/h1&gt;&lt;p&gt;The first major obstacle for gold is obvious:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;interest rates.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Warsh's Jackson Hole message was unmistakably focused on inflation.&lt;/p&gt;&lt;p&gt;He said inflation remains above target and argued that recent improvements were not enough to convince him that underlying inflation is moving toward 2% quickly enough.&lt;/p&gt;&lt;p&gt;That changed market expectations.&lt;/p&gt;&lt;p&gt;Reuters reported Monday that markets were pricing roughly a &lt;strong&gt;60% probability of a September Fed rate increase&lt;/strong&gt;, up from below 50% the previous week.&lt;/p&gt;&lt;p&gt;Yahoo Finance likewise reported that markets were pricing approximately a 60% chance of a September hike.&lt;/p&gt;&lt;p&gt;This matters because higher expected rates can produce:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;higher Treasury yields → stronger dollar → higher opportunity cost of owning gold → pressure on precious metals.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;And that's exactly what happened.&lt;/p&gt;&lt;p&gt;Gold dropped more than 3% following Warsh's speech, its largest one-day decline in more than 11 weeks according to reporting cited by Forbes.&lt;/p&gt;&lt;p&gt;Silver was hit too.&lt;/p&gt;&lt;p&gt;Yahoo Finance reported December silver futures opened August 31 at approximately $66.80 per ounce.&lt;/p&gt;&lt;p&gt;So the first question for September isn't:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;“Can gold go to $7,000?”&lt;/p&gt;&lt;/blockquote&gt;&lt;p&gt;The first question is much simpler:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;&lt;strong&gt;Can gold survive the Fed's hawkish turn without breaking its major technical support?&lt;/strong&gt;&lt;/p&gt;&lt;/blockquote&gt;&lt;p&gt;That is the test.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;2. GOLD IS NOW APPROACHING THE MOST IMPORTANT PART OF THE DAILY GOLD THESIS&lt;/h1&gt;&lt;p&gt;This is where Roy-Byrne's video becomes particularly interesting.&lt;/p&gt;&lt;p&gt;His analysis highlighted a series of potential support zones beneath the recent gold rally, including the &lt;strong&gt;mid-$4,300s&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Gold is now moving toward that territory.&lt;/p&gt;&lt;p&gt;On August 31, Yahoo Finance reported gold futures trading around the mid-$4,400s after opening near $4,483.&lt;/p&gt;&lt;p&gt;That means the market is getting close enough to the video's highlighted support region that investors can now test the thesis instead of merely discussing it.&lt;/p&gt;&lt;p&gt;Think of it like a staircase.&lt;/p&gt;&lt;h3&gt;Level 1:&lt;/h3&gt;&lt;p&gt;&lt;strong&gt;Approximately $4,350–$4,365&lt;/strong&gt;&lt;/p&gt;&lt;h3&gt;Level 2:&lt;/h3&gt;&lt;p&gt;&lt;strong&gt;Low-$4,300s&lt;/strong&gt;&lt;/p&gt;&lt;h3&gt;Level 3:&lt;/h3&gt;&lt;p&gt;&lt;strong&gt;Approximately $4,200&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The precise levels are not magical numbers.&lt;/p&gt;&lt;p&gt;What matters is &lt;strong&gt;market behavior around them&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;If gold falls into the mid-$4,300s and buyers aggressively defend the area, the correction could ultimately become a normal consolidation inside a larger bull trend.&lt;/p&gt;&lt;p&gt;If gold slices through those levels with momentum, the bullish technical structure becomes much less comfortable.&lt;/p&gt;&lt;p&gt;That's why September could provide an unusually important technical test.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;3. SILVER MAY BE EVEN MORE IMPORTANT&lt;/h1&gt;&lt;p&gt;Silver is where the risk—and potential reward—is magnified.&lt;/p&gt;&lt;p&gt;The Daily Gold analysis highlighted approximately:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;$70&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;$67&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;and&lt;/p&gt;&lt;p&gt;&lt;strong&gt;$63&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;as important areas.&lt;/p&gt;&lt;p&gt;And look where silver is now.&lt;/p&gt;&lt;p&gt;Yahoo Finance reported December silver futures opened August 31 at &lt;strong&gt;$66.80&lt;/strong&gt; and later traded around $67.84 in early U.S. trading.&lt;/p&gt;&lt;p&gt;In other words:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;silver is already sitting directly around one of the key levels identified in the analysis.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This creates a very clean September test.&lt;/p&gt;&lt;h3&gt;If silver holds around $67:&lt;/h3&gt;&lt;p&gt;The bulls have a reason to remain optimistic.&lt;/p&gt;&lt;h3&gt;If silver recaptures $70:&lt;/h3&gt;&lt;p&gt;Momentum could strengthen considerably.&lt;/p&gt;&lt;h3&gt;If silver loses $67 and eventually $63:&lt;/h3&gt;&lt;p&gt;The correction could become substantially deeper.&lt;/p&gt;&lt;p&gt;This is why chasing silver after a huge rally can be dangerous.&lt;/p&gt;&lt;p&gt;The better question isn't simply:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;“Is silver bullish?”&lt;/p&gt;&lt;/blockquote&gt;&lt;p&gt;It is:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;&lt;strong&gt;“Where does the market prove that the bulls are still in control?”&lt;/strong&gt;&lt;/p&gt;&lt;/blockquote&gt;&lt;hr /&gt;&lt;h1&gt;4. HERE'S THE BOND-MARKET TWIST MOST GOLD INVESTORS ARE MISSING&lt;/h1&gt;&lt;p&gt;This may be the most important part of the entire story.&lt;/p&gt;&lt;p&gt;The Treasury is increasing long-end buyback capacity beginning September 9.&lt;/p&gt;&lt;p&gt;Meanwhile, the market is worrying about:&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;p&gt;enormous government borrowing needs&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;inflation&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;higher oil prices&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;long-term Treasury yields&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;Fed policy&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;geopolitical risk&lt;/p&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;These forces can pull in opposite directions.&lt;/p&gt;&lt;p&gt;Treasury buybacks can improve liquidity and potentially support specific parts of the long-end market.&lt;/p&gt;&lt;p&gt;But if inflation expectations continue climbing, investors can still demand higher yields.&lt;/p&gt;&lt;p&gt;That's why Treasury buybacks shouldn't automatically be interpreted as “free money for gold.”&lt;/p&gt;&lt;p&gt;They are better understood as another piece of the enormous battle occurring inside the bond market.&lt;/p&gt;&lt;p&gt;And the bond market ultimately matters because it determines the price of money.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;5. THE OIL SHOCK JUST MADE THE FED'S JOB HARDER&lt;/h1&gt;&lt;p&gt;There is another variable that gold investors shouldn't ignore:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;oil.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;On August 31, Reuters reported that Brent crude rose above $92 a barrel amid renewed U.S.-Iran hostilities, while global bond markets came under pressure as investors worried about inflation and continued rate hikes.&lt;/p&gt;&lt;p&gt;Yahoo Finance reported WTI around $86 and Brent around $90.89 in Monday morning trading.&lt;/p&gt;&lt;p&gt;That creates an ugly combination for central bankers.&lt;/p&gt;&lt;p&gt;Higher oil prices can:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;increase inflation&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;while simultaneously:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;reduce consumer purchasing power.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;And if inflation refuses to fall, the Fed has less room to cut rates.&lt;/p&gt;&lt;p&gt;That is potentially bearish for gold in the short term.&lt;/p&gt;&lt;p&gt;But here's the paradox:&lt;/p&gt;&lt;p&gt;Persistent inflation caused by energy shocks can also increase demand for inflation hedges over longer periods.&lt;/p&gt;&lt;p&gt;That's why gold can sometimes fall &lt;strong&gt;during the beginning of an inflationary shock&lt;/strong&gt; and then strengthen later as investors recognize the implications.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;6. THE REAL BULLISH SIGNAL MAY NOT BE GOLD — IT MAY BE THE MINERS&lt;/h1&gt;&lt;p&gt;This is where the Daily Gold analysis becomes particularly interesting.&lt;/p&gt;&lt;p&gt;Gold miners possess something physical gold doesn't:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;operating leverage.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Imagine a hypothetical miner producing gold at a total cost of $2,000 per ounce.&lt;/p&gt;&lt;p&gt;At:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;$4,000 gold → $2,000 gross margin&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;At:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;$5,000 gold → $3,000 gross margin&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Gold increased 25%.&lt;/p&gt;&lt;p&gt;But the hypothetical gross margin increased 50%.&lt;/p&gt;&lt;p&gt;That's why miners can dramatically outperform bullion during a powerful precious-metals cycle.&lt;/p&gt;&lt;p&gt;The Daily Gold analysis argues that the gold-miner relationship has undergone a major long-term structural change.&lt;/p&gt;&lt;p&gt;But investors should not confuse a bullish long-term thesis with a guarantee of straight-line gains.&lt;/p&gt;&lt;p&gt;Mining stocks are volatile.&lt;/p&gt;&lt;p&gt;They face:&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;p&gt;energy costs&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;labor costs&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;political risk&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;permitting risk&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;declining ore grades&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;capital expenditure&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;management risk&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;geopolitical risk&lt;/p&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;So miners can outperform gold spectacularly—and then fall much harder during corrections.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;7. THE $7,000 GOLD TARGET: POSSIBLE, BUT DON'T CONFUSE A TARGET WITH A PROMISE&lt;/h1&gt;&lt;p&gt;One of the most attention-grabbing aspects of the video is its long-term gold projections.&lt;/p&gt;&lt;p&gt;The analysis discusses upside targets around the &lt;strong&gt;$6,800–$7,000 region&lt;/strong&gt;, based largely on long-term technical structures.&lt;/p&gt;&lt;p&gt;That is a fascinating scenario.&lt;/p&gt;&lt;p&gt;But it should be treated as a &lt;strong&gt;scenario&lt;/strong&gt;, not a guaranteed destination.&lt;/p&gt;&lt;p&gt;For gold to reach $7,000, several forces would likely need to remain favorable:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;central-bank demand&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;persistent fiscal concerns&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;currency uncertainty&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;strong investment demand&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;manageable real yields&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;continued geopolitical risk&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;continued confidence erosion in traditional financial assets&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The bullish fundamental backdrop is not imaginary.&lt;/p&gt;&lt;p&gt;Yahoo Finance reported Monday that Goldman Sachs sees additional upside for gold and highlighted continued central-bank demand. The report said Goldman expects central banks to purchase an average of approximately &lt;strong&gt;50 tonnes per month in 2026&lt;/strong&gt;, compared with roughly 17 tonnes per month before 2022.&lt;/p&gt;&lt;p&gt;That's a structural change worth watching.&lt;/p&gt;&lt;p&gt;But a $7,000 gold price remains a forecast—not a fact.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;8. THE MOST DANGEROUS MISTAKE GOLD INVESTORS CAN MAKE RIGHT NOW&lt;/h1&gt;&lt;p&gt;Here is the uncomfortable truth:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;A great long-term thesis can still produce a terrible short-term entry.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Gold can be bullish over five years and bearish for five weeks.&lt;/p&gt;&lt;p&gt;Silver can be bullish over a decade and fall 20% during a normal correction.&lt;/p&gt;&lt;p&gt;Mining stocks can rise 100% and then lose 30% without destroying the underlying bull market.&lt;/p&gt;&lt;p&gt;That's why investors should separate:&lt;/p&gt;&lt;h3&gt;THE SECULAR THESIS&lt;/h3&gt;&lt;p&gt;from&lt;/p&gt;&lt;h3&gt;THE TRADING ENVIRONMENT.&lt;/h3&gt;&lt;p&gt;Right now, the secular case remains interesting.&lt;/p&gt;&lt;p&gt;But the short-term environment has become significantly more difficult because:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Fed hike expectations are rising.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Treasury yields are elevated.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Oil prices are rising.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Gold has suffered a sharp correction.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Silver is testing support.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Geopolitical risk is increasing inflation uncertainty.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;That is not a simple “buy everything” environment.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;9. THE CONTRARIAN SIGNAL: GOLD IS STILL HAVING A HUGE YEAR&lt;/h1&gt;&lt;p&gt;Here's where the bearish headlines can become misleading.&lt;/p&gt;&lt;p&gt;Yahoo Finance reported that gold remained approximately &lt;strong&gt;9.3% higher over one month and 30.6% higher over one year&lt;/strong&gt; as of August 31.&lt;/p&gt;&lt;p&gt;So even after the recent selloff, gold has not suddenly transformed into a bear market.&lt;/p&gt;&lt;p&gt;It has simply experienced a violent correction inside a much larger move.&lt;/p&gt;&lt;p&gt;That distinction is crucial.&lt;/p&gt;&lt;p&gt;The financial media loves binary narratives:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Gold is crashing!&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;or:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Gold is going to $10,000!&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Reality is usually more complicated.&lt;/p&gt;&lt;p&gt;The better question is:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;&lt;strong&gt;Has the long-term trend actually broken, or is the market simply forcing weak hands out before the next major move?&lt;/strong&gt;&lt;/p&gt;&lt;/blockquote&gt;&lt;p&gt;September should help answer that question.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;10. THE SEPTEMBER CHECKLIST: 7 THINGS TO WATCH&lt;/h1&gt;&lt;p&gt;If you own gold, silver or mining stocks, don't obsess over every five-minute price movement.&lt;/p&gt;&lt;p&gt;Watch these seven variables instead.&lt;/p&gt;&lt;h3&gt;① Gold around $4,350–$4,365&lt;/h3&gt;&lt;p&gt;Does buyers' demand appear?&lt;/p&gt;&lt;h3&gt;② Silver around $67&lt;/h3&gt;&lt;p&gt;Does silver stabilize or continue breaking down?&lt;/p&gt;&lt;h3&gt;③ Silver around $63&lt;/h3&gt;&lt;p&gt;If $63 eventually fails, the technical picture becomes considerably more dangerous.&lt;/p&gt;&lt;h3&gt;④ The 10-year Treasury yield&lt;/h3&gt;&lt;p&gt;A renewed surge in long-term yields could create another headwind for precious metals.&lt;/p&gt;&lt;h3&gt;⑤ The U.S. dollar&lt;/h3&gt;&lt;p&gt;A sustained dollar rally would make the gold trade more difficult.&lt;/p&gt;&lt;h3&gt;⑥ September Fed expectations&lt;/h3&gt;&lt;p&gt;The market currently sees roughly a 60% chance of a September hike according to recent Reuters/Yahoo Finance reporting.&lt;/p&gt;&lt;h3&gt;⑦ Gold miners versus gold&lt;/h3&gt;&lt;p&gt;If miners begin outperforming bullion again after the correction, that could provide an important confirmation of the longer-term thesis.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;&#128680; RED TEAM: WHAT IF THE BULLISH THESIS IS WRONG?&lt;/h1&gt;&lt;p&gt;Let's attack the argument from the opposite side.&lt;/p&gt;&lt;p&gt;Suppose gold doesn't bounce.&lt;/p&gt;&lt;p&gt;Suppose $4,350 breaks.&lt;/p&gt;&lt;p&gt;Suppose silver loses $63.&lt;/p&gt;&lt;p&gt;Suppose Treasury yields rise sharply.&lt;/p&gt;&lt;p&gt;Suppose the dollar strengthens.&lt;/p&gt;&lt;p&gt;Suppose Warsh continues tightening.&lt;/p&gt;&lt;p&gt;What happens?&lt;/p&gt;&lt;p&gt;The entire “gold is simply correcting before another explosive leg higher” thesis becomes much weaker.&lt;/p&gt;&lt;p&gt;Gold could experience a deeper correction.&lt;/p&gt;&lt;p&gt;Silver could fall substantially more because of its higher volatility.&lt;/p&gt;&lt;p&gt;Mining stocks could suffer even larger declines.&lt;/p&gt;&lt;p&gt;And investors who bought purely because somebody predicted $7,000 gold could discover an important lesson:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;A price target is not a risk-management strategy.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;That's why support levels matter.&lt;/p&gt;&lt;p&gt;That's why position sizing matters.&lt;/p&gt;&lt;p&gt;And that's why nobody should treat a YouTube forecast as certainty.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;WHAT IS ACTUALLY HAPPENING?&lt;/h1&gt;&lt;p&gt;Imagine the U.S. economy is a family with a gigantic mortgage.&lt;/p&gt;&lt;p&gt;The family keeps borrowing money.&lt;/p&gt;&lt;p&gt;Eventually the bank says:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;“We're worried you're borrowing too much.”&lt;/p&gt;&lt;/blockquote&gt;&lt;p&gt;The family responds:&lt;/p&gt;&lt;blockquote&gt;&lt;p&gt;“Don't worry. We'll manage the debt.”&lt;/p&gt;&lt;/blockquote&gt;&lt;p&gt;Then the bank demands a higher interest rate.&lt;/p&gt;&lt;p&gt;The family's monthly payment rises.&lt;/p&gt;&lt;p&gt;Now the family has to borrow even more.&lt;/p&gt;&lt;p&gt;That's roughly the fiscal problem investors are watching.&lt;/p&gt;&lt;p&gt;Gold is the family's emergency cash stored outside the banking system.&lt;/p&gt;&lt;p&gt;Treasuries are the family's debt.&lt;/p&gt;&lt;p&gt;The Federal Reserve controls short-term interest rates.&lt;/p&gt;&lt;p&gt;And the Treasury is trying to keep its enormous debt market functioning smoothly.&lt;/p&gt;&lt;p&gt;That's why gold investors should watch the bond market.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;THE BIGGER STORY: GOLD VS. THE FINANCIAL SYSTEM&lt;/h1&gt;&lt;p&gt;This is ultimately much bigger than one YouTube video.&lt;/p&gt;&lt;p&gt;The Daily Gold analysis is pointing toward a possibility that has been developing for years:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;precious metals may be moving from a peripheral asset class toward a strategic macro asset.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The drivers include:&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;p&gt;government debt&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;central-bank reserve diversification&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;inflation&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;geopolitical fragmentation&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;commodity scarcity&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;currency uncertainty&lt;/p&gt;&lt;/li&gt;&lt;li&gt;&lt;p&gt;bond-market instability&lt;/p&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;Even major mainstream financial institutions are now discussing the commodity cycle.&lt;/p&gt;&lt;p&gt;ZeroHedge recently highlighted UBS's argument that investors should position for a commodity upcycle as global scarcity emerges.&lt;/p&gt;&lt;p&gt;Seeking Alpha has likewise been highlighting gold-miner ETFs and the potential impact of Treasury buybacks, a weaker dollar and improving technical conditions.&lt;/p&gt;&lt;p&gt;This doesn't prove gold will rise forever.&lt;/p&gt;&lt;p&gt;It does demonstrate that the precious-metals thesis is no longer confined to a small group of gold bugs.&lt;/p&gt;&lt;hr /&gt;&lt;h1&gt;THE SEPTEMBER VERDICT&lt;/h1&gt;&lt;p&gt;Here is the bottom line.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Gold has not yet invalidated the long-term bull thesis.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;But the market is entering a much more difficult phase.&lt;/p&gt;&lt;p&gt;The Fed is talking tougher.&lt;/p&gt;&lt;p&gt;Inflation remains elevated.&lt;/p&gt;&lt;p&gt;Oil is rising.&lt;/p&gt;&lt;p&gt;Treasury yields are under pressure.&lt;/p&gt;&lt;p&gt;Geopolitical tensions are intensifying.&lt;/p&gt;&lt;p&gt;And gold and silver are testing technical support.&lt;/p&gt;&lt;p&gt;At the same time, Treasury is preparing to increase the size of its long-end buybacks beginning September 9.&lt;/p&gt;&lt;p&gt;That creates a fascinating contradiction:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;The government is trying to support liquidity in the long-term Treasury market while the Federal Reserve is warning that inflation remains too high.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;That conflict may become one of the most important macro stories of September.&lt;/p&gt;&lt;p&gt;And here's the key:&lt;/p&gt;&lt;h3&gt;If gold stabilizes while yields remain elevated...&lt;/h3&gt;&lt;h3&gt;If silver holds its critical support...&lt;/h3&gt;&lt;h3&gt;If miners resume outperforming bullion...&lt;/h3&gt;&lt;h3&gt;And if long-term Treasury-market stress continues...&lt;/h3&gt;&lt;p&gt;then the case for another major precious-metals advance becomes considerably more interesting.&lt;/p&gt;&lt;p&gt;But if gold breaks major support, silver collapses through its key levels and real yields surge, investors may have to wait much longer for the next explosive move.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;The next few weeks could tell us which scenario we're actually living through.&lt;/strong&gt;&lt;/p&gt;&lt;hr /&gt;&lt;h2&gt;&#128293; FINAL TAKEAWAY&lt;/h2&gt;&lt;p&gt;Don't focus only on the headline:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;“Gold to $7,000.”&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Focus on the evidence.&lt;/p&gt;&lt;p&gt;Watch the &lt;strong&gt;bond market&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Watch &lt;strong&gt;real yields&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Watch the &lt;strong&gt;dollar&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Watch &lt;strong&gt;silver around $67 and $63&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Watch &lt;strong&gt;gold around the mid-$4,300s&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;And watch whether &lt;strong&gt;gold miners continue to outperform bullion&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;Because the most important signal may not be what gold does after the correction.&lt;/p&gt;&lt;p&gt;It may be &lt;strong&gt;what investors do when gold gets there.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;If buyers step in aggressively, September could become the month when a scary correction turns into the launchpad for the next major precious-metals move.&lt;/p&gt;&lt;p&gt;If they don't, the market may have much further to go before the next opportunity appears.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Either way, the correction is giving investors something the rally couldn't: a test.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;And now the test is underway.&lt;/p&gt;&lt;p&gt;&lt;em&gt;This article is for informational and educational purposes only and is not investment advice. Precious metals and mining stocks can be highly volatile, and past performance does not guarantee future results.&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>The Bond Market Just Sent Washington a Warning: 5 Financial Fault Lines Investors Need to Watch Now</title><link>http://bobchapman.blogspot.com/2026/08/the-bond-market-just-sent-washington.html</link><pubDate>Thu, 27 Aug 2026 11:53:46 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-7696690953082648664</guid><description>&lt;p&gt;&amp;nbsp;The biggest financial risk in America right now may not be the stock market—it may be the bond market. U.S. inflation has remained stuck at 3.7%, long-term Treasury yields are elevated, government deficits remain enormous, and Treasury Secretary Scott Bessent is attempting to push long-term borrowing costs lower through expanded bond buybacks. At the same time, Federal Reserve Chair Kevin Warsh faces his first major Jackson Hole test. &lt;strong&gt;Is Washington trying to fight a bond-market problem that is actually being caused by inflation and exploding deficits?&lt;/strong&gt; Here are five financial fault lines investors should be watching before the next major market move.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Bond Market May Be Telling Us Something Washington Doesn't Want to Hear&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Forget the daily stock-market headlines for a moment.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The more important financial battle is happening in the market that determines the cost of borrowing for the entire U.S. economy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The &lt;strong&gt;Treasury market&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;On Thursday, the 10-year Treasury yield climbed to roughly &lt;strong&gt;4.67%&lt;/strong&gt;, while investors prepared for Federal Reserve Chair Kevin Warsh's highly anticipated Jackson Hole speech. MarketWatch reported that rising oil prices, persistent inflation concerns, massive fiscal deficits and elevated government debt were all contributing to pressure on Treasury yields.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;At the same time, the latest PCE inflation reading showed prices rising &lt;strong&gt;3.7% year over year in July&lt;/strong&gt;, leaving inflation well above the Federal Reserve's 2% target.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Treasury Secretary Scott Bessent has responded with expanded buybacks of longer-dated government debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But here's the problem:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;You can attempt to improve bond-market liquidity. You cannot buy your way out of a structural fiscal deficit.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that distinction could become one of the most important financial stories of the second half of 2026.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;1. The Inflation Problem Is Refusing to Go Away&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The first fault line is inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The latest PCE data showed headline inflation at &lt;strong&gt;3.7%&lt;/strong&gt;, while core PCE remained at &lt;strong&gt;3.3%&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is nowhere near the Fed's 2% objective.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters reports that the Federal Reserve has now missed its inflation target for &lt;strong&gt;65 consecutive months&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That's not simply an economic statistic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It's a credibility problem.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The longer inflation remains above target, the more difficult it becomes for policymakers to convince households and investors that price stability is just around the corner.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And some Fed officials are becoming increasingly uncomfortable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Boston Fed President Susan Collins said Wednesday that further tightening could become appropriate if inflation does not show sustained improvement. Meanwhile, three policymakers dissented at the July Fed meeting in favor of a rate hike.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This creates a potentially explosive contradiction.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The market wants lower rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But inflation may require rates to remain higher.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And Washington increasingly wants lower long-term borrowing costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Those objectives are beginning to collide.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;2. Washington Is Trying to Push Down Long-Term Yields&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is where the story becomes particularly interesting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Treasury Secretary Scott Bessent recently announced that Treasury would at least double certain long-duration bond buybacks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The stated objective is to improve liquidity and market functioning.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But investors are asking a much bigger question:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Can Treasury actually push long-term borrowing costs lower without addressing the reason investors are demanding higher yields in the first place?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters reports that Bessent's approach has put him at odds, at least philosophically, with Fed Chair Kevin Warsh.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Warsh has argued for allowing markets to play a larger role in determining interest rates, while Bessent has increasingly used Treasury tools to influence market conditions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And this isn't an academic disagreement.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It goes directly to the heart of the U.S. financial system:&lt;/p&gt;&lt;h3&gt;Who should determine the price of money?&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;The Federal Reserve?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Treasury?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or the bond market itself?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That question could become increasingly important if long-term yields continue rising.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;3. The Bond Market May Be Rejecting the "Easy Fix"&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Here's the uncomfortable part.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Some Wall Street strategists argue that Treasury buybacks are unlikely to materially reduce long-term borrowing costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Goldman Sachs, Wells Fargo and other firms have reportedly questioned whether the buybacks can meaningfully lower long-term rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Why?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because the underlying problem isn't necessarily a lack of liquidity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may be &lt;strong&gt;risk and supply&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors know the U.S. government has enormous financing requirements.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They know fiscal deficits remain large.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They know inflation is still elevated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And they know that if they lend money to the government for 20 or 30 years, they are exposed to the possibility that inflation and interest rates remain higher than expected.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;So investors demand compensation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That compensation is the yield.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if the market believes yields need to be higher, attempting to suppress them doesn't eliminate the underlying economic pressure.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It simply moves the pressure somewhere else.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That could mean:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;A weaker dollar.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Higher inflation expectations.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Greater volatility.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;More demand for alternative stores of value.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or eventually, another round of market intervention.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;4. The Fed and Treasury Are Sending Different Signals&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This could be the most important development of all.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Kevin Warsh is heading into Jackson Hole with markets watching his every word.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters describes his upcoming speech as an important credibility test because inflation remains stubborn while Treasury policy has become increasingly active in the long-term bond market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Warsh has historically favored a more restrained role for the Fed in financial markets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bessent, meanwhile, has been willing to use Treasury's balance sheet and market operations more aggressively.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That creates an obvious tension.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Imagine the message investors receive if the Fed says:&lt;/p&gt;&lt;blockquote&gt;&lt;p class="isSelectedEnd"&gt;Inflation remains too high and financial markets need to determine appropriate rates.&lt;/p&gt;&lt;/blockquote&gt;&lt;p class="isSelectedEnd"&gt;Then Treasury effectively says:&lt;/p&gt;&lt;blockquote&gt;&lt;p class="isSelectedEnd"&gt;Long-term yields are too high and we need to do something about them.&lt;/p&gt;&lt;/blockquote&gt;&lt;p class="isSelectedEnd"&gt;Investors could reasonably ask:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Which signal should they believe?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that matters because confidence is one of the most valuable assets in a financial system.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If investors begin to believe that policymakers are trying to manage the &lt;em&gt;price&lt;/em&gt; of government debt instead of allowing markets to determine it, the consequences could be unpredictable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters quoted critics who described the strategy as effectively a form of price management rather than simple liquidity management.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;5. The Geopolitical Wild Card Could Make Everything Worse&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;There is another variable investors cannot ignore:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;oil.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Middle East conflict has already had a major effect on financial markets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters reports that six months of conflict have reshaped global markets through oil prices, equities, safe-haven assets and food costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That matters enormously for inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If energy prices rise sharply again, the Federal Reserve could find itself facing an unpleasant combination:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Higher inflation + weaker growth + higher bond yields.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is essentially the nightmare scenario for monetary policymakers.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And investors have already seen how sensitive markets can be to oil.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;MarketWatch reported Thursday that Treasury yields were rising as investors monitored recovering oil prices and the possibility that elevated energy costs could prolong inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is why oil should not be treated as merely a commodity-market story.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is increasingly a &lt;strong&gt;monetary-policy variable&lt;/strong&gt;.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The $40 Trillion Question&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Now step back and look at the entire picture.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The United States is carrying more than &lt;strong&gt;$40 trillion of federal debt&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The budget deficit remains enormous.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Inflation is still above 3%.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Long-term Treasury yields are elevated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Treasury is increasing bond buybacks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Fed is divided over inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And geopolitical developments can suddenly push energy prices higher.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is the environment in which the traditional assumptions about markets begin to break down.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;For years, investors could largely rely on a familiar playbook:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Weak economy → Fed cuts rates → bonds rally → stocks benefit.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But what if the economy weakens while inflation remains elevated?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Then the Fed has a problem.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Cut rates too aggressively and inflation could become worse.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Keep rates high and economic growth could suffer.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if Treasury yields remain elevated, government financing costs continue to rise.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That's the trap.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;What This Means for Stocks&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Many investors are watching the S&amp;amp;P 500 and Nasdaq for signs of danger.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But stock valuations ultimately depend on interest rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When long-term yields rise, the discount rate applied to future corporate earnings rises as well.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That can be particularly painful for expensive growth stocks whose valuations depend heavily on profits expected many years into the future.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This doesn't mean a stock-market crash is inevitable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it does mean investors should understand the connection:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Treasury yields → discount rates → equity valuations.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The bond market doesn't need to collapse to affect stocks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It simply needs to remain expensive enough for long enough.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;What This Means for Gold&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Gold presents an entirely different story.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;On Thursday, spot gold rose approximately &lt;strong&gt;0.4% to $4,607.90 an ounce&lt;/strong&gt;, supported by a weaker dollar and continued investor attention to monetary and fiscal policy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold also remains supported by ETF and central-bank demand.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But the most interesting part of the gold story is not the price.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It's the reason investors are buying it.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is increasingly being treated as insurance against:&lt;/p&gt;&lt;ul data-spread="false"&gt;&lt;li&gt;Persistent inflation&lt;/li&gt;&lt;li&gt;Currency weakness&lt;/li&gt;&lt;li&gt;Fiscal instability&lt;/li&gt;&lt;li&gt;Geopolitical shocks&lt;/li&gt;&lt;li&gt;Monetary-policy mistakes&lt;/li&gt;&lt;li&gt;Sovereign-debt concerns&lt;/li&gt;&lt;/ul&gt;&lt;p class="isSelectedEnd"&gt;That doesn't make gold a guaranteed winner.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If real interest rates rise substantially, gold can come under pressure because it doesn't generate interest income.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But if investors begin questioning whether policymakers can control inflation while simultaneously financing enormous deficits, gold's role as a monetary hedge becomes much more important.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;What This Means for Bonds&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is where investors need to be particularly careful.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Treasuries are often considered the ultimate "safe asset."&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But &lt;strong&gt;safe does not mean immune to price declines&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When yields rise, existing bond prices fall.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A 30-year bond can experience significant price volatility even though the U.S. government is contractually obligated to make its payments.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is why the recent long-end Treasury volatility deserves attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;MarketWatch reported that the 10-year yield reached approximately &lt;strong&gt;4.67% on Thursday&lt;/strong&gt;, while the market continued to debate whether government intervention could actually suppress long-term yields.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The question isn't whether Treasuries are going to disappear.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The question is:&lt;/p&gt;&lt;h3&gt;At what yield will investors be willing to finance the United States?&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;That is a very different question.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The 5 Indicators I Would Watch From Here&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;If you're trying to navigate this environment, don't attempt to predict every daily market move.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Instead, monitor these five indicators.&lt;/p&gt;&lt;h3&gt;1. The 30-Year Treasury Yield&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;If it remains around or above 5%, pressure on government financing, mortgages and asset valuations could persist.&lt;/p&gt;&lt;h3&gt;2. PCE Inflation&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Watch whether inflation moves meaningfully toward 2%.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If it doesn't, expectations for aggressive rate cuts become harder to justify.&lt;/p&gt;&lt;h3&gt;3. Treasury Buybacks&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Ask whether they actually improve long-term Treasury demand—or simply shift pressure elsewhere.&lt;/p&gt;&lt;h3&gt;4. The U.S. Dollar&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;A weakening dollar could become an increasingly important signal of investor confidence.&lt;/p&gt;&lt;h3&gt;5. Gold&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Gold can provide a useful market-based indicator of demand for protection against monetary, fiscal and geopolitical uncertainty.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Bigger Problem Isn't a Crash—It's a Loss of Flexibility&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is the point I believe investors should remember.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The greatest financial risk isn't necessarily that America suddenly collapses.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It's that policymakers gradually lose options.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When debt is relatively low, governments have room to respond to crises.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When inflation is low, central banks can cut rates aggressively.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When bond yields are low, governments can borrow relatively cheaply.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When confidence is high, investors willingly finance deficits.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But when all four conditions deteriorate simultaneously, policymakers have fewer choices.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That's the environment investors should be watching.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;High debt limits fiscal flexibility.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;High inflation limits monetary flexibility.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;High yields increase financing costs.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Geopolitical shocks can suddenly make inflation worse.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that's why the bond market matters so much.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Bottom Line&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The financial story unfolding right now is much bigger than another Federal Reserve meeting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is a confrontation between &lt;strong&gt;inflation, government debt, Treasury-market forces and monetary policy.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The latest data shows inflation at &lt;strong&gt;3.7%&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Treasury yields remain elevated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Washington is expanding long-duration bond buybacks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Federal Reserve is divided over how aggressively to fight inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And Kevin Warsh is about to deliver his first major Jackson Hole speech as Fed chair.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Meanwhile, gold remains above &lt;strong&gt;$4,600 an ounce&lt;/strong&gt;, showing that investors continue to place substantial value on monetary protection.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;None of this proves that a financial Armageddon is imminent.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it does tell us something important:&lt;/p&gt;&lt;h2&gt;&lt;strong&gt;The margin for policy error is getting smaller.&lt;/strong&gt;&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;And if Treasury yields continue rising despite government intervention, investors may eventually have to confront an uncomfortable possibility:&lt;/p&gt;&lt;h3&gt;&lt;strong&gt;Maybe the bond market isn't malfunctioning. Maybe it's simply demanding a higher price for America's debt.&lt;/strong&gt;&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;That distinction could determine what happens next to:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Stocks.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Bonds.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Gold.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The dollar.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Housing.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And ultimately, the purchasing power of ordinary Americans.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;What Investors Should Do Now&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Don't chase headlines.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Don't assume that one Fed speech will determine the next decade.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And don't assume that because stocks are holding up, the underlying financial system is risk-free.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Instead, watch the &lt;strong&gt;bond market, inflation, oil, the dollar and gold together&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The relationships between those markets may tell us considerably more than any single headline.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;If you found this analysis useful, share it with another investor who watches stocks but rarely watches Treasury yields.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And bookmark &lt;strong&gt;Bob Chapman&lt;/strong&gt; for continuing analysis of inflation, monetary policy, precious metals, government debt and the financial risks developing beneath the surface.&lt;/p&gt;&lt;p&gt;&lt;em&gt;This article is for educational and informational purposes only and is not personalized investment advice.&lt;/em&gt;&lt;/p&gt;</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>The Bond Market Just Exposed the Problem Washington Can’t Easily Fix — And Gold Is Already Reacting</title><link>http://bobchapman.blogspot.com/2026/08/the-bond-market-just-exposed-problem.html</link><pubDate>Wed, 26 Aug 2026 13:39:54 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-2259754141282296949</guid><description>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;h2&gt;The Warning Is Coming From Somewhere Most Investors Aren’t Watching&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Wall Street is still focused on artificial intelligence, Nvidia earnings, the next Federal Reserve decision and whether the stock market can continue pushing higher.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But something much bigger is developing underneath the surface.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The U.S. government needs enormous amounts of capital, inflation is still running far above the Federal Reserve’s target, and investors are demanding relatively high yields to hold long-term Treasury debt.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That combination creates a problem that cannot be solved simply by telling investors that inflation is temporary.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because eventually, someone has to finance the debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And the most important question may no longer be:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“Will the Fed cut interest rates?”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may be:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“How high will interest rates have to remain before the bond market is satisfied?”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That distinction could become enormously important for stocks, bonds, real estate, the dollar — and precious metals.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;1. Inflation Refuses to Die&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The latest U.S. inflation numbers delivered an uncomfortable message.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Personal Consumption Expenditures price index rose &lt;strong&gt;3.7% year over year in July&lt;/strong&gt;, remaining well above the Federal Reserve's 2% target. Core PCE, which excludes food and energy, remained at &lt;strong&gt;3.3%&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That means the inflation problem isn't simply yesterday's story.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Inflation has remained above the Fed's target for an extraordinarily long period.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And this matters because financial markets have increasingly been operating on the assumption that monetary policy can eventually become easier.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But persistent inflation makes aggressive easing much more difficult.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the Fed cuts rates substantially while inflation remains stubbornly high, it risks allowing inflation expectations to become embedded again.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If it keeps rates higher for longer, however, the cost of servicing debt rises throughout the economy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that brings us directly to the Treasury market.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;2. The Treasury Market Is Becoming the Real Battlefield&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The U.S. Treasury market is enormous.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And Washington needs investors to continuously purchase new government debt while also refinancing existing obligations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That creates a fascinating dynamic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The government wants borrowing costs to remain manageable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors, meanwhile, want sufficient compensation for:&lt;/p&gt;&lt;ul data-spread="false"&gt;&lt;li&gt;inflation risk;&lt;/li&gt;&lt;li&gt;interest-rate risk;&lt;/li&gt;&lt;li&gt;fiscal risk;&lt;/li&gt;&lt;li&gt;currency risk;&lt;/li&gt;&lt;li&gt;and the possibility that government debt issuance remains enormous for years.&lt;/li&gt;&lt;/ul&gt;&lt;p class="isSelectedEnd"&gt;The result is a tug-of-war.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Recent Treasury yields illustrate the problem.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The 10-year Treasury yield was around &lt;strong&gt;4.65%&lt;/strong&gt;, while the 30-year Treasury yield has recently pushed above 5.3%, according to market reporting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Those numbers might not sound catastrophic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But consider what happens when an economy with enormous government debt has to refinance that debt at materially higher interest rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The mathematics become increasingly uncomfortable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And this is precisely why the Treasury's attempts to influence longer-term borrowing costs are attracting so much attention.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;3. Washington Is Trying to Influence Long-Term Borrowing Costs&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The Treasury recently announced an expansion of its buyback operations involving longer-term Treasury securities.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The objective is to improve market functioning and influence the structure of Treasury financing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But the market's reaction is more complicated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters recently described a strategy associated with Treasury Secretary Scott Bessent as a potential effort to influence the shape of interest rates without dramatically expanding the Federal Reserve's balance sheet.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is important.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because investors may interpret attempts to manage long-term borrowing costs in two completely different ways.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;One interpretation is:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“The Treasury is intelligently managing its debt portfolio.”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The other is:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“The government is becoming increasingly concerned about the cost of financing its debt.”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Markets don't always wait for the second interpretation to become reality.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Sometimes they begin pricing the possibility in advance.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that is where gold becomes particularly interesting.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;4. Gold Is Doing Something It Shouldn't Be Doing&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Here's perhaps the most fascinating development.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Traditional financial theory generally says that higher interest rates are bad for gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold doesn't pay interest.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;So when Treasury yields rise, investors have more incentive to own interest-bearing assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Yet gold has demonstrated remarkable resilience.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold recently climbed above &lt;strong&gt;$4,600 per ounce&lt;/strong&gt;, while silver moved toward $70, according to recent market reporting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And despite today's pullback following the latest inflation data, gold remains substantially higher for the month. The Wall Street Journal reported gold down about 0.86% on Wednesday but still up roughly 13.6% month-to-date. Silver was also up approximately 18% for the month despite the day's decline.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Why?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because perhaps investors aren't simply buying gold because they expect interest rates to fall.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They may increasingly be buying it because they are worried about something much bigger:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;the long-term purchasing power of currencies and the sustainability of government debt.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is a completely different investment thesis.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;5. The Dollar-Debt-Gold Connection Deserves More Attention&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Think about what happens when investors become concerned about excessive debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There are several possible outcomes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The government can attempt to reduce spending.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It can increase taxes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It can allow economic growth to outpace debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or it can effectively allow inflation to reduce the real value of outstanding debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The last possibility is particularly important for hard-asset investors.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the nominal value of government debt continues increasing while the purchasing power of money declines, assets that cannot simply be created by governments can become increasingly attractive.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is one reason gold has historically served as a monetary hedge.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And it helps explain why gold can sometimes rise even when interest rates are relatively high.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors aren't necessarily asking:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“How much interest can I earn?”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They're asking:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;“How much purchasing power will my money retain?”&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Those are two very different questions.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;6. The Most Dangerous Scenario Isn't a Crash — It's Financial Repression&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is where the story becomes considerably more controversial.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Imagine an environment in which:&lt;/p&gt;&lt;ul data-spread="false"&gt;&lt;li&gt;government debt continues expanding;&lt;/li&gt;&lt;li&gt;inflation remains above target;&lt;/li&gt;&lt;li&gt;nominal interest rates cannot rise indefinitely;&lt;/li&gt;&lt;li&gt;and policymakers increasingly prioritize keeping borrowing costs manageable.&lt;/li&gt;&lt;/ul&gt;&lt;p class="isSelectedEnd"&gt;The result could be a period of &lt;strong&gt;financial repression&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Financial repression doesn't necessarily mean a dramatic collapse.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It can be much more subtle.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Interest rates can remain below the inflation rate for extended periods.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;In that environment, investors may technically earn interest on their savings while losing purchasing power in real terms.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;For example, if a bond pays 4% while inflation averages 5%, the investor is earning a nominal return but losing approximately 1% of purchasing power before taxes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That distinction is enormously important.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is also one reason investors have historically turned toward assets such as gold, silver, real estate and other potential inflation hedges during periods of monetary uncertainty.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;7. Silver Could Become the More Volatile Side of the Trade&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Gold gets most of the attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But silver deserves watching too.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver is both a monetary metal and an industrial commodity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That makes it particularly interesting during periods of economic transformation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver demand can benefit from monetary investment demand while also receiving support from industrial applications.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Recent market data show just how dramatic the moves can become.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Wall Street Journal reported silver around &lt;strong&gt;$67.99 per ounce on August 26&lt;/strong&gt;, down on the day but still approximately &lt;strong&gt;18% higher for the month&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That kind of volatility is a warning in itself.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver isn't a substitute for cash.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It isn't a guaranteed hedge.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And its price can fall sharply.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But when monetary demand suddenly accelerates, silver's relatively small market can produce much larger price movements than investors expect.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is why it deserves attention.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Bigger Problem: Washington Has Limited Room for Error&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The United States isn't facing a single economic problem.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is facing several interconnected ones.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Inflation remains above target.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Long-term Treasury yields remain elevated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Government borrowing requirements are enormous.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The economy is growing, but not at an extraordinary pace.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And investors are simultaneously pricing enormous expectations into parts of the stock market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That leaves policymakers with a difficult balancing act.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If they tighten monetary policy too aggressively, they risk damaging economic growth and increasing debt-servicing costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If they ease too aggressively, they risk reigniting inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If they attempt to suppress long-term borrowing costs, investors could question whether market forces are being overridden.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if inflation remains elevated for years, the real value of money continues to erode.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no painless solution.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;What Investors Should Watch Now&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Forget the daily noise for a moment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;These are the signals that matter.&lt;/p&gt;&lt;h3&gt;Watch #1: The 10-Year Treasury&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;If the 10-year yield continues moving materially higher, it could pressure stocks, mortgages and corporate borrowing costs.&lt;/p&gt;&lt;h3&gt;Watch #2: The 30-Year Treasury&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;This may be even more important.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Long-term yields reveal how investors perceive the government's long-term inflation and fiscal risks.&lt;/p&gt;&lt;h3&gt;Watch #3: Inflation Expectations&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Don't simply watch headline CPI or PCE.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Watch whether investors begin believing that inflation will remain permanently higher than the Federal Reserve's target.&lt;/p&gt;&lt;h3&gt;Watch #4: Gold&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Gold's behavior around rising Treasury yields is particularly revealing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If gold continues attracting buyers even when real yields remain relatively high, it may indicate that the market's concern extends beyond ordinary monetary policy.&lt;/p&gt;&lt;h3&gt;Watch #5: Silver&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Silver can provide an amplified version of the precious-metals story.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it also carries significantly greater volatility.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Question Nobody Can Answer Yet&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Here's the question that could determine the next major market cycle:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Can the United States keep financing its enormous debt load without allowing inflation, interest rates or investor risk premiums to spiral higher?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nobody knows.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that is precisely why markets are so interesting right now.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A successful outcome could produce years of relatively stable growth.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A failure could create an environment where bonds, stocks, currencies and commodities behave very differently from the assumptions investors have become accustomed to.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The important point is that &lt;strong&gt;nothing has to collapse tomorrow for this story to matter.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt problems usually don't announce themselves with a siren.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They accumulate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Interest payments rise.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Refinancing becomes more expensive.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors demand slightly higher yields.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Governments attempt new strategies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Currencies adjust.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And eventually, investors realize that the rules they were using to value assets have changed.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;The Bottom Line&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The most important financial story of 2026 may not ultimately be artificial intelligence.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may not be the next Fed meeting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may not even be the stock market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could be the growing struggle between &lt;strong&gt;government debt, inflation and the bond market.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The latest inflation numbers show that the Federal Reserve's 2% objective remains distant. Treasury yields remain elevated, while officials are exploring ways to influence longer-term financing conditions. At the same time, gold and silver continue attracting extraordinary attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That doesn't mean gold can only go higher.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It doesn't mean a financial crisis is guaranteed.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And it certainly doesn't mean investors should abandon stocks or bonds.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It means something much simpler:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The monetary environment is changing, and investors who ignore the bond market may miss one of the most important signals of the entire cycle.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The real question isn't whether the financial system collapses.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The real question is whether the purchasing power of money can remain stable while governments continue carrying historically enormous debt burdens.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the answer becomes increasingly uncertain, investors may discover that the old definition of a “safe asset” is changing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that could be the real story behind gold's extraordinary strength.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h2&gt;What Do You Think?&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Is the Treasury market simply going through another temporary period of volatility?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or are investors beginning to demand a permanent premium for holding long-term U.S. government debt?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if inflation remains above 3% while long-term yields stay elevated, &lt;strong&gt;could gold and silver ultimately become even more important to investors trying to protect purchasing power?&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Leave your thoughts below — and share this article with someone who is still watching only the stock market while ignoring what is happening in the bond market.&lt;/p&gt;</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>The Silver Squeeze They Don't Want You to Understand</title><link>http://bobchapman.blogspot.com/2026/08/the-silver-squeeze-they-dont-want-you.html</link><pubDate>Mon, 24 Aug 2026 10:40:18 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-6932276981741263593</guid><description>&lt;p&gt;&amp;nbsp;*Posted to bobchapman.blogspot.com — August 24, 2026*&lt;/p&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilZH8drF2Z-CV_KHzSzzJXWA5l1SvIY2zsRorg8vBAKm9e3jqmlytJD2JzKqPbYyrNYoGRDfStT-hr64i4iN7IZCzI7jYfPE7n-2lzWPxa-59vAw0GrUrs0uEOQKT86VGSQGOdAG0wo9E9cj7mrbTKhIbDqz6G_2LB_WUoOxN1Q8V3T_GcIiLnT0sdNxw/s600/Hero-Bullion-10-oz-Poured-Silver-Bar-Stack-New.webp" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"&gt;&lt;img border="0" data-original-height="600" data-original-width="600" height="244" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilZH8drF2Z-CV_KHzSzzJXWA5l1SvIY2zsRorg8vBAKm9e3jqmlytJD2JzKqPbYyrNYoGRDfStT-hr64i4iN7IZCzI7jYfPE7n-2lzWPxa-59vAw0GrUrs0uEOQKT86VGSQGOdAG0wo9E9cj7mrbTKhIbDqz6G_2LB_WUoOxN1Q8V3T_GcIiLnT0sdNxw/w244-h244/Hero-Bullion-10-oz-Poured-Silver-Bar-Stack-New.webp" width="244" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Bob spent decades telling anyone who would listen that the paper markets for gold and silver were a shell game — a mountain of promises sitting on top of a molehill of actual metal. In 2026, that molehill is finally showing through the paper.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Silver just closed out its sixth consecutive year of structural supply deficit, and this year's shortfall is the largest on record. Depending on which research house you read, the gap between what the world mines and recycles versus what it actually consumes runs somewhere between 46 million and 215 million ounces annually. Whatever the precise figure, the direction has been the same for six straight years: demand outrunning supply, year after year, with no new mega-mine on the horizon to fix it.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;That's not a hedge fund narrative. That's the Silver Institute's own numbers.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;## From $30 Metal to a Market in Crisis&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Go back just two years and silver was trading in the $30s. It has since staged one of the most violent moves in the history of the metal — surging more than 140% in 2025 alone, briefly spiking above $120 an ounce in late January of this year during what several analysts now openly describe as a genuine physical squeeze, before settling back into the $60-$90 range it's occupied for most of 2026.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;What actually happened in that January spike matters more than the number. Reporting from multiple metals-market analysts describes a credit crisis inside the "paper silver" system itself — institutional players who held paper claims on silver suddenly demanding actual physical delivery, draining exchange vaults in London and on COMEX, and sending short-term lease rates through the roof. This is precisely the scenario Bob warned about for years: a fractional-reserve bullion market where the paper claims vastly exceed the metal sitting in the vault, and which functions fine right up until enough people ask for delivery at once.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;China didn't help matters. Beijing reclassified silver as a strategic material at the start of the year and tightened export licenses, treating it less like a commodity and more like a resource it intends to keep for itself — alongside rare earths, another front in the broader resource standoff between Washington and Beijing.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;## Why This Time Might Be Different&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Skeptics of the "manipulated metals market" thesis have a fair point: silver bulls have been early, wrong, or both for a very long time. But three forces are converging now that weren't fully in play during previous silver cycles:&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;**1. Industrial demand has become structural, not cyclical.** Solar panels, electric vehicles, 5G infrastructure, AI data centers, and even nuclear reactor control rods all require silver, and there is no cheap substitute at scale. Estimates suggest EV production alone could consume 70-75 million ounces this year. Silver isn't just a monetary metal anymore — it's an input industrial civilization can't easily do without, competing directly against investors and central banks for the same shrinking pile of above-ground metal.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;**2. Central banks are quietly diversifying beyond gold.** The same institutions that have been loading up on gold as a hedge against the dollar are increasingly treating silver the same way — as a monetary and strategic asset, not just an industrial commodity.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;**3. Trust in the Fed itself is fraying.** Analysts researching this year's silver rally have pointed directly to concerns over the Federal Reserve's independence as a contributing factor to precious metals demand — a remarkable admission that the market itself is starting to price in doubt about the institution managing the dollar.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;## The Bigger Picture: A Financial System Running on Fumes&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Silver's squeeze isn't happening in isolation. It's unfolding against the backdrop of a U.S. national debt that just crossed $40 trillion, a dollar that has weakened meaningfully this year, and a Treasury Department that recently surprised markets by expanding its bond buyback operations — a move several analysts have flagged as functioning like a quiet form of yield curve control, whatever officials choose to call it publicly.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Put simply: the same distrust in fiat currency and government debt management that's been driving gold to repeated records this year is also draining the silver market of physical metal. Two symptoms, one disease. When Bob talked about the coming crisis in the monetary system, this is close to the mechanism he described — not a single dramatic crash, but a slow bleeding of confidence that shows up first in the price of the things governments can't print.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;## What History Says About Squeezes Like This&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Above-ground silver inventories have been drawn down steadily since the current deficit cycle began back in 2021. Every year the shortfall isn't closed, the cushion available to absorb the *next* wave of investment demand or industrial demand gets thinner. Analysts covering the space warn that this sets the stage not for a smooth, steady climb, but for exactly the kind of violent, unpredictable spikes the market saw in January — spikes that can happen with little warning once physical tightness meets a surge in buying.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Some serious voices — not just perma-bulls — are now floating triple-digit long-term price targets for silver, citing the scale of the deficit relative to available stockpiles. Nobody can tell you with certainty whether that happens in months or years. But the structural setup — chronic shortage, rising industrial appetite, a fraying dollar, and a paper market that's already shown it can crack under pressure — is not something that resolves itself quietly.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;## The Takeaway&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;The people who dismiss precious metals as a "fringe" concern keep having to explain away inconvenient facts: six straight years of deficit, a January squeeze that forced real delivery demands, and a debt-soaked dollar that central banks themselves are diversifying away from. You don't need a conspiracy theory to see what's happening. You just need to read the supply and demand numbers the industry itself publishes every year.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Physical metal in hand remains the only position that doesn't depend on somebody else's promise being kept.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;*— bobchapman.blogspot.com*&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;---&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;*This post is for informational and educational purposes only and does not constitute financial or investment advice. Do your own research and consult a licensed financial advisor before making investment decisions.*&lt;/p&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilZH8drF2Z-CV_KHzSzzJXWA5l1SvIY2zsRorg8vBAKm9e3jqmlytJD2JzKqPbYyrNYoGRDfStT-hr64i4iN7IZCzI7jYfPE7n-2lzWPxa-59vAw0GrUrs0uEOQKT86VGSQGOdAG0wo9E9cj7mrbTKhIbDqz6G_2LB_WUoOxN1Q8V3T_GcIiLnT0sdNxw/s72-w244-h244-c/Hero-Bullion-10-oz-Poured-Silver-Bar-Stack-New.webp" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>THE $40 TRILLION WARNING: AMERICA'S DEBT PROBLEM IS MOVING INTO THE BOND MARKET</title><link>http://bobchapman.blogspot.com/2026/08/the-40-trillion-warning-americas-debt.html</link><pubDate>Sun, 23 Aug 2026 12:01:09 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-6288370303072371250</guid><description>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;h3&gt;The Treasury's Latest Intervention May Have Bought Time — But It Did Not Solve the Problem&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;By Bob Chapman Financial Commentary&lt;/strong&gt;&lt;br /&gt;&lt;strong&gt;August 23, 2026&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is an old saying on Wall Street:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The bond market knows first.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Stocks can remain optimistic. Politicians can remain optimistic. Economists can remain optimistic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But eventually the bond market has to confront reality.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And right now, the reality confronting the United States is a government debt burden that has crossed the extraordinary &lt;strong&gt;$40 trillion threshold&lt;/strong&gt;, combined with persistent fiscal deficits and a growing requirement to refinance enormous quantities of existing debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That combination deserves the attention of every serious investor.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because the most important financial story of 2026 may not be taking place in the stock market at all.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may be taking place in the Treasury market.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;$40 TRILLION IS NOT JUST A NUMBER&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;America's national debt has now crossed $40 trillion.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That number is almost impossible to visualize.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But the problem is not simply that the United States owes $40 trillion.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The real issue is the &lt;strong&gt;cost of carrying the debt&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When interest rates were near zero, Washington could borrow enormous amounts of money at exceptionally low rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Those days are gone.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Treasury market has entered a very different environment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors are demanding higher returns to hold longer-term U.S. government securities, particularly as concerns over inflation, deficits and future Treasury issuance increase.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;On August 18, the 30-year Treasury yield reached approximately 5.34%, its highest level since 2007. Ten-year yields were also elevated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is where the arithmetic becomes uncomfortable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The government must continually refinance existing debt while issuing new debt to finance ongoing deficits.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Higher rates therefore don't merely affect bond traders.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They affect the federal budget.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And eventually they affect everyone.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE BOND MARKET IS DEMANDING A HIGHER PRICE&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;For years, investors were willing to accept extraordinarily low yields because Treasuries were regarded as the ultimate safe asset.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That assumption is now being tested.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no evidence of a complete buyers' strike against U.S. Treasuries.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Institutional investors and foreign buyers continue to purchase American government debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But investors are demanding more compensation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That distinction is critical.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The market is not necessarily saying:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"We refuse to buy American debt."&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may instead be saying:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"We will buy it — but you are going to pay us more."&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters recently reported that Treasury yields have risen substantially as investors demand higher returns amid concerns over inflation, fiscal sustainability and the enormous volume of government borrowing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is a warning that should not be ignored.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THEN SOMETHING VERY INTERESTING HAPPENED&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;On August 19, the U.S. Treasury announced that it would double the size of its buyback operations for longer-dated government bonds.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The planned operations for 10- to 30-year securities were increased to $4 billion per operation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The immediate market reaction was dramatic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Thirty-year Treasury yields dropped sharply.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The dollar weakened.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold surged.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Stocks recovered.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bitcoin rallied.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The entire financial system seemed to breathe a sigh of relief.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But should investors?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Perhaps.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But perhaps not.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because there is an important question hiding underneath the headline.&lt;/p&gt;&lt;h3&gt;Why did the Treasury feel the need to intervene in the first place?&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Treasury buybacks are not the same thing as Federal Reserve quantitative easing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They are a debt-management operation rather than a conventional monetary-policy program.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But markets understand symbolism.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And the symbolism is significant.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The world's largest sovereign debt market has become sufficiently sensitive to rising yields that Washington is actively attempting to improve conditions in the long end of the curve.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters described the move as an effort to stabilize the Treasury market following the sharp increase in long-term yields.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The intervention may help.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it does not eliminate the underlying fiscal imbalance.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;GOLD UNDERSTOOD THE MESSAGE&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Perhaps the most revealing reaction came from gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold surged more than 3% on August 19 as Treasury yields fell and the dollar weakened.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is not a coincidence.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has a long history of responding to monetary uncertainty.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When investors become concerned about the purchasing power of fiat currencies, sovereign debt, inflation or financial instability, gold becomes increasingly attractive.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It has no earnings.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It pays no dividend.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It produces no interest.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it also has no counterparty.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A government can issue more bonds.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A central bank can create more currency.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A corporation can issue more shares.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nobody can manufacture more gold with a keyboard.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is why gold has survived thousands of years of monetary experiments.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that is why its recent behavior deserves attention.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;SILVER MAY BE EVEN MORE IMPORTANT&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Silver is an entirely different animal.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is monetary.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is industrial.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is volatile.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And historically, it has tended to move much more dramatically than gold during major precious-metals cycles.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Recent trading has once again demonstrated that characteristic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver has been among the strongest precious metals this month, with investors simultaneously focusing on monetary uncertainty, industrial demand and supply conditions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is important because silver does not require a total collapse of the monetary system to perform well.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It can benefit from:&lt;/p&gt;&lt;ul data-spread="false"&gt;&lt;li&gt;monetary debasement;&lt;/li&gt;&lt;li&gt;inflation;&lt;/li&gt;&lt;li&gt;industrial demand;&lt;/li&gt;&lt;li&gt;investment demand;&lt;/li&gt;&lt;li&gt;declining real interest rates;&lt;/li&gt;&lt;li&gt;currency weakness;&lt;/li&gt;&lt;li&gt;supply constraints.&lt;/li&gt;&lt;/ul&gt;&lt;p class="isSelectedEnd"&gt;That combination makes silver particularly interesting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It also makes silver dangerous for investors who underestimate its volatility.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A bull market in silver is rarely a straight line.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE FEDERAL RESERVE IS WALKING A TIGHTROPE&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The Federal Reserve now faces an increasingly difficult balancing act.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;On one side is inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;On the other is economic growth.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And sitting directly underneath both is the enormous federal debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the Fed maintains restrictive monetary policy for too long, it risks putting additional pressure on economic activity and debt financing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If it cuts rates aggressively, it risks reigniting inflation and potentially weakening the dollar.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if long-term Treasury yields remain elevated despite lower short-term rates, the traditional relationship between monetary policy and borrowing costs becomes increasingly complicated.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is precisely what makes the current environment so unusual.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Fed controls the overnight policy rate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it does not directly control the long-term Treasury market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bond investors do.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And they have been demanding a higher yield.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE DANGEROUS POSSIBILITY: STAGFLATION&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;There is another possibility that investors should not dismiss.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Stagflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Weak economic growth combined with persistent inflation is one of the most difficult environments for monetary policymakers.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Normally, a weak economy calls for lower interest rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Inflation calls for higher rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When both occur simultaneously, policymakers are trapped between competing objectives.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Recent economic data has produced exactly the kind of conflicting signals that make this problem difficult.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Weak retail activity has raised concerns about economic momentum, while energy prices and geopolitical tensions continue to create inflationary risks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If that combination persists, the Fed's room for maneuver becomes narrower.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And the bond market knows it.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE DOLLAR IS PART OF THE STORY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The dollar is often treated as a completely separate market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It isn't.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The bond market, dollar and gold market are interconnected.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Higher Treasury yields can attract capital toward the United States.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But if investors interpret higher yields as compensation for growing fiscal and inflation risks, the reaction can be very different.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is exactly what happened after the Treasury buyback announcement.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The dollar initially weakened while gold moved sharply higher. Reuters reported that traders interpreted the announcement partly through the lens of a possible "debasement trade."&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This is a fascinating development.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because the United States has historically benefited enormously from the dollar's reserve-currency status.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But reserve-currency status is not a permanent guarantee.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It depends upon confidence.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And confidence is ultimately psychological.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE BIG QUESTION: WHO WILL FINANCE THE NEXT $10 TRILLION?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Forget $40 trillion for a moment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Ask a different question.&lt;/p&gt;&lt;h3&gt;Who will finance the next $10 trillion?&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;The United States will continue issuing Treasury securities.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is not controversial.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The question is at what price.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If investors remain comfortable buying Treasury debt at today's yields, the system can continue functioning.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If investors begin demanding substantially higher yields, the cost of financing the government rises.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if the cost of financing rises sufficiently, the government faces an increasingly unpleasant choice.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Borrow more.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Tax more.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Spend less.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Allow higher inflation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or some combination of all four.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no painless solution.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THIS IS WHERE THE "DEBT SPIRAL" BECOMES IMPORTANT&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;A debt spiral does not mean the United States suddenly disappears.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It means debt servicing begins consuming an increasingly large portion of government resources, requiring additional borrowing, which itself generates additional interest costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is the cycle investors need to watch.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is not about predicting a particular day of collapse.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is about recognizing a structural problem.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The arithmetic becomes increasingly difficult when:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Debt rises → interest expense rises → deficits rise → borrowing rises → debt rises again.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The system can continue for a very long time.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But the longer it continues, the more sensitive the system becomes to interest rates.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;AND THEN THERE IS AI&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;One of the more interesting developments in the current Treasury-market story is the enormous amount of capital being committed to artificial intelligence infrastructure.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Data centers require enormous quantities of electricity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They require land.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They require semiconductors.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They require financing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And increasingly, they require debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters recently noted that increased corporate borrowing associated with AI-related investment has been one of the factors contributing to pressure on long-term Treasury yields.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This creates an intriguing paradox.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The AI boom could eventually produce extraordinary productivity gains and economic growth.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But in the short term, the infrastructure required to build that future requires enormous amounts of capital.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If interest rates remain high, the financing cost of the AI revolution rises.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the AI boom slows dramatically, investors may discover that some of the enormous capital expenditures were based on overly optimistic assumptions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Either scenario could have consequences for the bond market.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE STOCK MARKET MAY BE LOOKING IN THE WRONG DIRECTION&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Investors frequently watch the Dow Jones, S&amp;amp;P 500 and Nasdaq for signs of financial stress.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But those markets can remain remarkably optimistic for surprisingly long periods.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The bond market is different.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is where governments, banks, corporations and institutional investors determine the price of money over time.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And when long-term yields rise sharply, the consequences eventually spread everywhere.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Mortgage rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Corporate borrowing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Commercial real estate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Private equity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Technology companies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Government interest expense.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Emerging markets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Currencies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Precious metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Everything is connected.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is why I believe investors should watch the &lt;strong&gt;30-year Treasury yield&lt;/strong&gt; at least as carefully as they watch the S&amp;amp;P 500.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE $40 TRILLION WARNING IS NOT A CRASH CALL&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Let me be very clear.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The crossing of the $40 trillion debt threshold does not mean America is going bankrupt tomorrow.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nor does a Treasury buyback mean the Federal Reserve has lost control of the monetary system.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And gold's rally does not prove that a currency collapse is imminent.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors should be extremely skeptical of anyone who claims to know the exact date of the next financial Armageddon.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Markets don't work that way.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The important issue is not predicting the exact moment of a crisis.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The important issue is understanding the &lt;strong&gt;direction of the structural pressures&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And those pressures are increasingly visible.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHAT SHOULD INVESTORS WATCH NOW?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Forget the noise.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Watch these markets.&lt;/p&gt;&lt;h3&gt;1. The 30-year Treasury yield&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;A sustained move above recent highs would be significant.&lt;/p&gt;&lt;h3&gt;2. Treasury auction demand&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Weakening demand would be a serious warning.&lt;/p&gt;&lt;h3&gt;3. The U.S. dollar&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;A disorderly decline would matter far more than an ordinary fluctuation.&lt;/p&gt;&lt;h3&gt;4. Gold&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Gold's behavior around major Treasury-market events is becoming increasingly important.&lt;/p&gt;&lt;h3&gt;5. Silver&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Watch whether silver begins outperforming gold during periods of dollar weakness.&lt;/p&gt;&lt;h3&gt;6. Credit spreads&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;This is where genuine financial stress can begin appearing before it becomes obvious in equities.&lt;/p&gt;&lt;h3&gt;7. Inflation expectations&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;If inflation expectations rise while growth weakens, policymakers face a very difficult environment.&lt;/p&gt;&lt;h3&gt;8. Federal Reserve policy&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Pay particular attention to the gap between what the Fed says it wants and what the bond market actually does.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE MOST IMPORTANT CHART IN THE WORLD?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Some investors would say it is the S&amp;amp;P 500.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Others would say Bitcoin.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Some will choose gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;I would choose something else.&lt;/p&gt;&lt;h3&gt;The U.S. 30-year Treasury yield.&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;Because it tells us something extraordinarily important:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;How much compensation investors require to lend money to the United States for three decades.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If that number remains under control, the government retains considerable flexibility.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If it rises persistently, the fiscal mathematics become increasingly uncomfortable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if it rises while the dollar simultaneously weakens and gold rises, investors should pay extremely close attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That combination would suggest that the market is beginning to price something much more profound than ordinary inflation.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE NEXT CRISIS MAY NOT LOOK LIKE 2008&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is perhaps the greatest misconception.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The next major financial crisis does not necessarily have to resemble the housing collapse of 2008.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could originate in sovereign debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could begin in the Treasury market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could emerge from a currency crisis.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could involve commercial real estate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could involve excessive corporate leverage.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It could begin with an unexpected geopolitical event.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or it could involve several of these factors simultaneously.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The financial system has changed enormously since 2008.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The vulnerabilities have changed with it.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE GOLDEN RULE OF FINANCIAL SURVIVAL&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;There is one rule that investors should never forget:&lt;/p&gt;&lt;h3&gt;When debt becomes the foundation of the system, interest rates become the pressure point.&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;That is exactly why the current Treasury market deserves so much attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The United States has accumulated an extraordinary amount of debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The world has accumulated extraordinary amounts of debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And debt is not inherently bad.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt can finance productive investment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt can build businesses.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt can finance infrastructure.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt can accelerate economic development.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The problem begins when borrowing is used primarily to finance consumption and existing obligations while economic growth fails to keep pace.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Eventually, someone has to pay.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHAT GOLD IS REALLY TELLING US&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Perhaps gold's most important message isn't:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"Buy me because I'm going higher."&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Perhaps its message is:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"Don't assume the monetary system will remain unchanged forever."&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is a much more important message.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is insurance.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You don't buy insurance because you know your house will burn down tomorrow.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;You buy it because you recognize that unexpected events happen.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The same principle applies to monetary metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold and silver can serve as a form of diversification against currency, inflation and financial-system risks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They are not magic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They are not guaranteed to rise.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But in an environment where governments continue accumulating debt at extraordinary speed, their role deserves serious consideration.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;CONCLUSION: THE CLOCK IS TICKING&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;America has crossed $40 trillion in debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Long-term Treasury yields have recently reached levels not seen in many years.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Treasury has responded with larger buyback operations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has reacted violently.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The dollar has shown signs of vulnerability.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver has surged.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And investors are increasingly discussing the sustainability of the world's largest sovereign debt market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;None of this guarantees a financial catastrophe.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it does tell us something.&lt;/p&gt;&lt;h3&gt;The era of unlimited cheap money is over.&lt;/h3&gt;&lt;p class="isSelectedEnd"&gt;The era when enormous quantities of debt could be accumulated without much concern about the interest bill is changing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that means the bond market may become the most important financial market in the world.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Stocks can ignore reality for a while.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Politicians can ignore arithmetic for a while.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Central banks can postpone difficult decisions for a while.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But eventually the bond market sends the bill.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And America's bill is getting very large.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The $40 trillion milestone should therefore not be viewed as the end of the story.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may be the beginning of a much more important chapter.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Watch the bonds.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Watch the dollar.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Watch gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Watch silver.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And above all, watch what happens when the world's largest borrower discovers that the price of money is no longer entirely under its control.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;That is where the next great financial story may begin.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;p&gt;&lt;em&gt;Disclaimer: This article is intended for informational and educational purposes only. It is not financial, investment, tax or legal advice. Precious metals, equities, bonds, currencies and other financial assets can experience substantial volatility and losses. Investors should conduct their own research and consult qualified professionals regarding their individual circumstances.&lt;/em&gt;&lt;/p&gt;</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>THE GREAT WEALTH RESET: Gold, Silver and the Financial Assets Investors Should Be Watching Now</title><link>http://bobchapman.blogspot.com/2026/08/the-great-wealth-reset-gold-silver-and.html</link><pubDate>Sat, 22 Aug 2026 09:14:32 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-4027653902064848240</guid><description>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;h2&gt;The financial landscape is changing—and the investors who understand what is happening before the crowd may have the greatest opportunity&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;There are moments in financial history when the rules change.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Not gradually.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Not politely.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But suddenly enough that investors who were positioned for the old world discover that their portfolios were built for a financial environment that no longer exists.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;We may be approaching one of those moments.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is surging.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver is accelerating.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Central banks are accumulating precious metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Government debt continues to expand.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The U.S. dollar is under pressure.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bond markets are increasingly sensitive to fiscal policy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And investors around the world are once again asking a question that had been largely forgotten during the era of cheap money and endlessly rising financial assets:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;What happens to your wealth when confidence in the financial system begins to weaken?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is the question investors need to be asking in 2026.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because this isn't simply about gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is about &lt;strong&gt;wealth preservation&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is about purchasing power.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is about diversification.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And ultimately, it is about understanding what you actually own.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;GOLD IS BACK—AND THIS TIME THE STORY IS DIFFERENT&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Gold has had an extraordinary year.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;After briefly exceeding $5,300 per ounce in January, the metal suffered a brutal correction, falling below $4,000 before recovering dramatically.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;By August 21, Comex gold had climbed back to &lt;strong&gt;$4,624.10 per ounce&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Even more impressive, gold gained 5.56% during the week and 14.2% over the previous three weeks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is not the behavior of a forgotten relic.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is the behavior of an asset attracting serious capital.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And there is a reason.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors aren't buying gold simply because they like shiny metal.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They are buying it because the world is becoming increasingly uncertain about the future purchasing power of traditional financial assets.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE $40 TRILLION PROBLEM&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;One of the biggest stories in global finance is also one of the least exciting to most investors:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Debt.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The United States has accumulated more than $40 trillion of federal debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The number is so enormous that it almost stops being meaningful.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it shouldn't.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because eventually, every debt must be serviced, refinanced, repaid or inflated away.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And when debt becomes sufficiently large, the choices available to policymakers become increasingly uncomfortable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Higher taxes?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Lower spending?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Higher economic growth?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Higher inflation?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Lower real interest rates?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Financial repression?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;More monetary intervention?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no painless solution.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And investors understand this.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is one reason hard assets are attracting increasing attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold doesn't need to outperform because the economy collapses.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold can rise simply because investors become increasingly concerned about the purchasing power of currencies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That distinction is critical.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;CENTRAL BANKS ARE ALREADY VOTING WITH THEIR MONEY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Perhaps the strongest argument for the long-term precious-metals story isn't coming from retail investors.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is coming from central banks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;According to the World Gold Council, central banks and other official institutions purchased &lt;strong&gt;288.9 tonnes of gold during the second quarter of 2026&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That was a record for a second quarter and represented a 62% increase compared with Q2 2025.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And the buying isn't confined to one country.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Poland purchased 51 tonnes during Q2.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;China added 33 tonnes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Uzbekistan added 16 tonnes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Kazakhstan added 15 tonnes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Jordan and the Czech Republic were also notable buyers.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Why does this matter?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because central banks aren't day traders.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They are reserve managers.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They think about decades.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They think about geopolitical risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They think about currency diversification.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They think about financial sanctions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They think about sovereign risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And increasingly, they are thinking about gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The World Gold Council's latest survey found that &lt;strong&gt;89% of central banks expected global gold reserves to increase over the following year, while 45% expected to increase their own holdings.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is a remarkable vote of confidence.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHAT DO CENTRAL BANKS KNOW THAT THE AVERAGE INVESTOR DOESN'T?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Perhaps nothing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But perhaps they understand something that investors often forget:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Cash is not the same thing as wealth.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A currency is a unit of account.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is not necessarily a permanent store of purchasing power.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Governments can print it.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Central banks can expand its supply.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Inflation can reduce its real value.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is different.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no central bank of gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no committee meeting that can suddenly decide to create another 50 million ounces.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no government capable of printing gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That scarcity is precisely what makes the metal interesting.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;SILVER: THE OTHER HALF OF THE PRECIOUS-METALS STORY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;And then there is silver.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If gold is the monetary heavyweight, silver is the wild card.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver has historically demonstrated considerably more volatility than gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And when precious-metals bull markets accelerate, silver can move with extraordinary speed.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;On August 21, Comex silver settled at approximately &lt;strong&gt;$69.47 per ounce&lt;/strong&gt;, gaining 6.89% for the week and more than 20% over three weeks. Silver was also up approximately 78% from a year earlier.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But silver has something gold doesn't have to the same extent:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;industrial demand.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver is used in electronics, solar technology, electrical applications and numerous industrial processes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That means silver has a dual identity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is simultaneously:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;A monetary metal.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;An industrial commodity.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That combination can make silver extremely volatile when investment demand and industrial demand begin moving in the same direction.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;GOLD IS THE ANCHOR. SILVER IS THE ACCELERATOR.&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is one way investors can think about the two metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is primarily a monetary and wealth-preservation asset.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver is smaller, more volatile and heavily influenced by industrial demand.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;During precious-metals bull markets, silver can therefore behave like a leveraged version of the gold trade.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But there is a catch.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Leverage works both ways.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When silver rises, it can rise spectacularly.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When silver falls, it can fall spectacularly.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is why investors should not treat gold and silver as interchangeable.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They serve different functions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold can be viewed as the &lt;strong&gt;anchor&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver can be viewed as the &lt;strong&gt;higher-volatility opportunity&lt;/strong&gt;.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE GOLD-SILVER RATIO COULD BECOME ONE OF THE MOST IMPORTANT NUMBERS TO WATCH&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;For precious-metals investors, the gold/silver ratio deserves close attention.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The ratio simply tells us how many ounces of silver are required to purchase one ounce of gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When the ratio rises, silver is relatively cheap compared with gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When it falls, silver is outperforming gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This relationship can provide useful context during precious-metals cycles.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But don't make the mistake of assuming that the ratio must automatically return to some historical average.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Markets change.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Industrial demand changes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Mining economics change.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investment demand changes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The monetary system changes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The gold/silver ratio is therefore best used as a &lt;strong&gt;contextual indicator&lt;/strong&gt;, not a guaranteed trading signal.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE REAL BATTLE IS HAPPENING IN THE BOND MARKET&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Here is something investors need to understand:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The most important market in the world isn't necessarily the stock market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It is the &lt;strong&gt;bond market&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Why?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Because government borrowing costs influence everything.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Mortgages.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Corporate borrowing.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Consumer credit.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Equity valuations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Government finances.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bank balance sheets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Currency markets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And ultimately, monetary policy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When long-term bond yields rise significantly, investors may demand greater compensation for holding government debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That can create a difficult environment for governments carrying enormous debt loads.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And this is one reason gold has become increasingly sensitive to Treasury-market developments.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE TREASURY'S LATEST MOVE SHOULD GET YOUR ATTENTION&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;In August, Treasury Secretary Scott Bessent announced plans to increase buybacks of longer-dated Treasuries.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The announcement contributed to a sharp market reaction.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The dollar weakened.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold rallied.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And gold broke above its 200-day moving average.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This doesn't automatically mean the Treasury is monetizing debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It doesn't.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But investors are increasingly focused on the interaction between government borrowing, Treasury liquidity, inflation and monetary policy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that discussion is bullish for assets that investors perceive as protection against currency and fiscal risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold is one of those assets.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHY THE DOLLAR MATTERS SO MUCH&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Gold is priced primarily in dollars.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Therefore, movements in the dollar can have a major influence on gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;When the dollar weakens, gold often becomes more attractive to investors holding other currencies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Reuters recently reported that the dollar had fallen to its lowest level in more than two months while gold was rising sharply.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This relationship isn't perfect.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold can rise alongside a strong dollar during periods of extreme financial stress.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But over longer periods, currency purchasing power remains central to the gold thesis.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE BIGGEST MISTAKE INVESTORS CAN MAKE&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;There is one mistake I believe investors should avoid at all costs:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Putting everything into one trade.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold may be in a powerful bull market.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver may have enormous upside potential.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But that doesn't mean every dollar should be converted into precious metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A sensible investment strategy begins with diversification.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Different assets behave differently.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Stocks provide ownership of productive businesses.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Bonds provide contractual income but carry interest-rate, credit and inflation risks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Cash provides liquidity but loses purchasing power when inflation exceeds its return.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Real estate provides tangible assets and potential income but carries liquidity and leverage risks.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold provides monetary diversification.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver provides both monetary and industrial exposure.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And other real assets can provide additional diversification.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The goal isn't to predict the future perfectly.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The goal is to build a portfolio that can survive &lt;strong&gt;multiple possible futures&lt;/strong&gt;.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE INVESTOR'S FOUR-BUCKET STRATEGY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;One useful way to think about wealth allocation is to divide assets conceptually into four categories.&lt;/p&gt;&lt;h2&gt;BUCKET ONE: LIQUIDITY&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Cash and short-term instruments.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;This money exists so that you don't have to sell long-term investments during a crisis.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Liquidity is boring.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But during a financial panic, boring can be incredibly valuable.&lt;/p&gt;&lt;h2&gt;BUCKET TWO: PRODUCTIVE ASSETS&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Stocks and other productive investments.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Businesses generate revenues, profits and cash flow.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A well-diversified portfolio of productive assets can provide long-term growth.&lt;/p&gt;&lt;h2&gt;BUCKET THREE: REAL ASSETS&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Real estate, commodities and other tangible assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;These can provide protection against certain forms of inflation and currency depreciation.&lt;/p&gt;&lt;h2&gt;BUCKET FOUR: MONETARY HEDGES&lt;/h2&gt;&lt;p class="isSelectedEnd"&gt;Gold and silver.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;These aren't necessarily designed to replace everything else.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Their purpose is to provide diversification against scenarios where traditional financial assets experience monetary or systemic stress.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is a much more rational way to think about precious metals than simply asking:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"Will gold go up next month?"&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHAT IF GOLD REALLY DOES GO PARABOLIC?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is the question everyone is asking.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has already recovered dramatically from its 2026 correction.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Standard Chartered recently described its outlook as a "qualified yes" regarding whether gold may have bottomed, while emphasizing that higher long-term bond yields remain a significant obstacle to a sharper rally.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The World Gold Council likewise expects investment demand to be the principal source of gold-demand growth through the remainder of 2026, with central banks remaining significant buyers.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And Wells Fargo Investment Institute has maintained a positive outlook, with a reported 2026 target around $4,900.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;None of these forecasts is guaranteed.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But they demonstrate something important:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The idea of $5,000 gold is no longer fringe speculation.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It has entered mainstream financial discussion.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;AND WHAT HAPPENS IF GOLD BREAKS THE OLD RECORD?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This is where psychology becomes extremely important.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold's January 2026 record was around $5,318.40 on a Comex settlement basis.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If gold breaks that level decisively, something changes.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;There is no longer an obvious historical resistance level above it.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Every new high becomes a psychological experiment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;$5,500.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;$5,750.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;$6,000.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Then perhaps $6,500.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nobody knows where the ultimate ceiling would be.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And that uncertainty is precisely what can fuel momentum.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors don't need to believe gold is worth $6,000.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They only need to believe that someone else will pay more.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is how markets become emotional.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And emotional markets can move much further than fundamentals alone would suggest.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;BUT THERE IS ANOTHER POSSIBILITY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Gold could also fall.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Hard.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That possibility must be acknowledged.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Standard Chartered has specifically highlighted higher long-term yields as a potential obstacle to gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The World Gold Council has similarly warned that higher real yields and changing monetary-policy expectations can weigh on Western ETF flows.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And gold has already demonstrated in 2026 that spectacular corrections are possible.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;So investors should not confuse:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"Gold has a compelling long-term thesis"&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;with:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"Gold can never fall."&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Those are completely different statements.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHAT COULD DESTROY THE GOLD BULL MARKET?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Several things could hurt precious metals.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A sustained strengthening of the U.S. dollar.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A significant rise in real interest rates.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A dramatic decline in geopolitical risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A collapse in inflation expectations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A major improvement in government fiscal conditions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A prolonged period of strong economic growth combined with attractive yields on competing assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Or simply excessive speculation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Markets can overshoot in both directions.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is why disciplined investors need an exit strategy as well as a purchase strategy.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;DON'T IGNORE PLATINUM AND PALLADIUM&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The precious-metals universe extends beyond gold and silver.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Platinum and palladium can also play roles in a diversified commodities strategy, although their investment characteristics are very different.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Platinum has significant industrial applications, including automotive and other technologies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Palladium has historically been heavily connected to automotive demand.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;These metals can therefore be much more sensitive to industrial cycles than gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That makes them potentially interesting—but also potentially much more volatile.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The lesson is simple:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Not all precious metals are monetary metals.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Understanding the difference matters.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;WHAT ABOUT MINING STOCKS?&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Mining companies introduce another layer of complexity.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If gold rises, a profitable mining company can potentially experience an even larger percentage increase in earnings because much of its production cost is relatively fixed.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;For example, imagine a miner producing gold for $2,000 per ounce.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If gold rises from $4,000 to $5,000, its gross margin increases dramatically.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But miners also have risks that physical gold does not.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Management risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Political risk.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Labor costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Energy costs.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Permitting.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Environmental regulations.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Operational problems.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Mine depletion.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And unexpected geological issues.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;So mining shares can provide tremendous upside during a precious-metals bull market—but they are not substitutes for physical gold.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;PHYSICAL GOLD HAS A UNIQUE PROPERTY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;There is something different about owning physical bullion.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It isn't someone else's promise.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;A physical gold coin or bar doesn't have a CEO.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It doesn't have quarterly earnings.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It doesn't have a credit rating.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It doesn't need a bank to remain solvent.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And it doesn't depend upon a government continuing to honor a promise.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That doesn't make physical gold risk-free.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Storage matters.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Security matters.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Dealer premiums matter.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Liquidity varies.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And buying at inflated premiums can be costly.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But the fundamental property remains:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;You own the metal.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is fundamentally different from owning a paper claim on gold.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE NEW RULE OF INVESTING&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Perhaps the greatest lesson of the current environment is this:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Don't ask only how much money an investment can make.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Ask:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;What happens to this investment if the financial environment changes?&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;What happens to stocks if inflation remains high?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;What happens to bonds if yields rise?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;What happens to cash if purchasing power declines?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;What happens to real estate if interest rates remain elevated?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;What happens to commodities if the dollar weakens?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;What happens to gold if confidence in government debt deteriorates?&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;These are the questions that lead to genuine portfolio diversification.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;GOLD AND SILVER ARE NOT ABOUT FEAR&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;This distinction matters.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Owning gold doesn't mean you believe civilization is ending.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Owning silver doesn't mean you expect the banking system to collapse tomorrow.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Owning precious metals can simply mean recognizing that &lt;strong&gt;no single monetary or financial system lasts forever&lt;/strong&gt;.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Rome had money.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The Byzantine Empire had money.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The British Empire had money.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The United States has money.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Every monetary system eventually evolves.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The question isn't whether the dollar disappears tomorrow.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The question is whether its purchasing power changes over decades.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;History says it does.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE NEXT GREAT INVESTMENT CYCLE MAY ALREADY BE UNDERWAY&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;We have entered a fascinating period.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has recovered dramatically.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver is displaying extraordinary momentum.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Central banks are buying.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Investors are returning.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The dollar is facing renewed scrutiny.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Government debt is enormous.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And the financial markets are increasingly sensitive to fiscal policy.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The World Gold Council expects investment demand to remain the principal engine of gold demand growth through the rest of 2026, while central banks are expected to remain significant buyers.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That doesn't guarantee higher prices.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But it does suggest that the fundamental forces supporting precious metals remain alive.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE QUESTION EVERY INVESTOR SHOULD BE ASKING&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;Forget the question:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"Will gold hit $6,000?"&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nobody knows.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Instead ask:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;"What percentage of my wealth should be protected from scenarios in which currencies, bonds or financial markets behave very differently from what I expect?"&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is the more intelligent question.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the answer is zero, investors should ask themselves why.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;If the answer is 100%, they should ask themselves why.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The objective is balance.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Prepare for multiple futures.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Don't bet your entire financial life on one prediction.&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h1&gt;THE BOTTOM LINE&lt;/h1&gt;&lt;p class="isSelectedEnd"&gt;The world is entering an increasingly complicated financial environment.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Debt is enormous.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Currencies are constantly being repriced.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Central banks are accumulating gold.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Gold has returned to near-record territory.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Silver is displaying powerful momentum.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And investors are once again discovering the importance of tangible assets.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;The precious-metals bull market may continue.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may correct.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may consolidate.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It may eventually become spectacularly overvalued.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Nobody knows.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;But one thing is increasingly obvious:&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;Gold and silver can no longer be dismissed as irrelevant relics.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;They are once again major participants in the global investment conversation.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And perhaps the biggest opportunity isn't trying to predict exactly where gold will be five months from now.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;Perhaps the real opportunity is understanding &lt;strong&gt;why the world's largest financial institutions are already preparing for a future in which gold matters more—not less.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;That is the story investors should be watching.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;And if the current precious-metals cycle continues to accelerate, the investors who understood the underlying monetary dynamics before the mainstream arrived may ultimately be the ones who were best positioned.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The question isn't whether the world will change.&lt;/strong&gt;&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;It always does.&lt;/p&gt;&lt;p class="isSelectedEnd"&gt;&lt;strong&gt;The question is whether your portfolio is prepared for the change.&lt;/strong&gt;&lt;/p&gt;&lt;div contenteditable="false"&gt;&lt;hr /&gt;&lt;/div&gt;&lt;h3&gt;DISCLAIMER&lt;/h3&gt;&lt;p&gt;This article is for educational and informational purposes only and does not constitute financial, investment, tax or legal advice. Gold, silver, mining shares, commodities and other investments can be highly volatile and may lose value. Past performance and forecasts do not guarantee future results. Investors should conduct their own research and consider their individual financial circumstances, objectives and risk tolerance before making investment decisions.&lt;/p&gt;</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;How to Invest in Silver with Silver Expert John Lee The Silver Elephant !!     </title><link>http://bobchapman.blogspot.com/2021/03/how-to-invest-in-silver-with-silver.html</link><pubDate>Fri, 19 Mar 2021 07:37:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-1782738188936452289</guid><description>&#128073;How to Invest in Silver with Silver Expert John Lee The Silver Elephant !!     



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&#128073;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.  
</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/SvX0OCgKL_8/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">19</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Top 11 Reasons The Short Silver Squeeze Is Very Possible </title><link>http://bobchapman.blogspot.com/2021/01/top-11-reasons-short-silver-squeeze-is.html</link><pubDate>Sat, 30 Jan 2021 18:53:00 -0800</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-5002143242148436123</guid><description>
&#128073;Top 11 Reasons The Short Silver Squeeze Is Very Possible     


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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.

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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 &amp; 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 &amp; 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$, but this can be pushed higher due to the massive short interest of the bullion banks. They already made loss from their silver shorts in 2020, but that was a fraction of the short interest they still have.
#4. Historic justice. The silver price has been artificially kept down for nearly 100 years. First by the US government from 1935-1970 because it was too effective as a hedge against inflation. Afterward, and this was confirmed by WikiLeaks, the US &amp; London bankers took over this role by pushing the creation of the precious metals section at the COMEX so that banks could artificially keep the price down. You see, they let the COMEX or LBMA sell futures contracts and options, and each time many contracts are near expiry and ITM (profitable), they pull a massive naked short. This has been going on for 50 years. But unlike the Gamestop stock, it IS FUNDAMENTALLY UNDERVALUED. 
#5. The precedent. The silver squeeze has happened before - when it went from 6$ 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 &amp; 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) &amp; 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 &amp; larger retail knew about it. 
Buy 100% physical-backed futures/options or just pure physical silver = a) SLV calls - b) PSLV, c) silver &amp; 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 &amp; 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.
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&lt;i&gt;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 &lt;/i&gt;</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/eugQCTdxjYk/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Bitcoin Hits a New All Time High of $23K -- Should You Buy ?  </title><link>http://bobchapman.blogspot.com/2020/12/bitcoin-hits-new-all-time-high-of-23k.html</link><pubDate>Thu, 17 Dec 2020 15:19:00 -0800</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-6103474932441988744</guid><description>&#128073;Bitcoin Hits a New All Time High of $23K -- Should You Buy ?   



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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 &amp; 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!</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/1e-niZvk_CU/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">1</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Dow Jones over 30K, During The Worst Economic Meltdown !! </title><link>http://bobchapman.blogspot.com/2020/11/dow-jones-over-30k-during-worst.html</link><pubDate>Wed, 25 Nov 2020 08:59:00 -0800</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-3196550624280043395</guid><description>&#128073;Dow Jones over 30K, During The Worst Economic Meltdown !! 


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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&amp;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 &amp; 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!









</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/zV1cb_RlWj4/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">32</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Mall Bankruptcies, Retail Apocalypse &amp; Mass layoffs Continue !! </title><link>http://bobchapman.blogspot.com/2020/11/mall-bankruptcies-retail-apocalypse.html</link><pubDate>Mon, 9 Nov 2020 09:46:00 -0800</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-742972312163736178</guid><description>&#128073;Mall Bankruptcies, Retail Apocalypse &amp; Mass layoffs Continue !!      


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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 &amp; Beyond, and Gap, have announced they will shutter 50 or more stores, totaling combined 4,200-plus stores.


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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!








</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">1</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Major Banks &amp; Hedge Funds start Shorting the Dollar -- The Mother of all Trades -- Got Gold?</title><link>http://bobchapman.blogspot.com/2020/10/major-banks-hedge-funds-start-shorting.html</link><pubDate>Sat, 31 Oct 2020 11:41:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-4882803574187968851</guid><description>&#128073;Major Banks &amp; Hedge Funds start Shorting the Dollar -- The Mother of all Trades -- Got Gold?



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Major Banks &amp; 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 &amp; 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!








</description><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">2</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;The Coming Inflation to Set Gold Prices on Fire !!</title><link>http://bobchapman.blogspot.com/2020/10/the-coming-inflation-to-set-gold-prices.html</link><pubDate>Sun, 25 Oct 2020 11:29:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-6645342655367867895</guid><description>&#128073;The Coming Inflation to Set Gold Prices on Fire !!



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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!</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/0hxXMXi_1_E/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>This Debt and Deficit surge would have been unimaginable just a year ago  </title><link>http://bobchapman.blogspot.com/2020/10/this-debt-and-deficit-surge-would-have.html</link><pubDate>Sun, 18 Oct 2020 13:06:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-1449614906135144264</guid><description>
This Debt and Deficit surge would have been unimaginable just a year ago  

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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.
</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/IspVSaTMitI/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">10</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>8 Reasons The Stock Market Rally will continue to Exceed Expectations</title><link>http://bobchapman.blogspot.com/2020/10/8-reasons-stock-market-rally-will.html</link><pubDate>Wed, 14 Oct 2020 21:01:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-7141988210217198259</guid><description>
8 Reasons The Stock Market Rally will continue to Exceed Expectations


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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!
</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/2NSbbbfTHXE/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Stimulus, or More Stimulus, That is The Question now.</title><link>http://bobchapman.blogspot.com/2020/10/stimulus-or-more-stimulus-that-is.html</link><pubDate>Tue, 13 Oct 2020 11:17:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-5107914403117058201</guid><description>&#128073;Stimulus, or More Stimulus, That is The Question now.


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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 &amp; 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!
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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!


</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/L-zy_lZQEXM/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">0</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;Fed to Introduce Digital Dollar to Prevent Bank Runs and have Total Control Over Money</title><link>http://bobchapman.blogspot.com/2020/10/fed-to-introduce-digital-dollar-to.html</link><pubDate>Tue, 6 Oct 2020 13:58:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-4875376459317020327</guid><description>&#128073;Fed to Introduce Digital Dollar to Prevent Bank Runs and have Total Control Over Money


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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. 







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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!
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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.


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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!






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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!








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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. 


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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.

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</description><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://img.youtube.com/vi/mT8ciUWSoRY/default.jpg" width="72"/><thr:total xmlns:thr="http://purl.org/syndication/thread/1.0">11</thr:total><author>lynda.com@gmail.com (The Atlantis Report)</author></item><item><title>&#128073;The FAANG Bubble Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst</title><link>http://bobchapman.blogspot.com/2020/09/the-faang-bubble-bigger-than-dot-com.html</link><pubDate>Wed, 2 Sep 2020 17:25:00 -0700</pubDate><guid isPermaLink="false">tag:blogger.com,1999:blog-4377467229611260862.post-7573119733487752356</guid><description>&lt;br /&gt;
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&lt;i&gt;&lt;br /&gt;&lt;/i&gt;&lt;i&gt;&lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/i&gt;&#128073;The FAANG Bubble Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst
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&lt;i&gt;&lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/i&gt;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&amp;P 500 Index ex-FANGs up 35%, S&amp;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&amp;P 500 ex FANG is worth $135.12, and $100 invested in the S&amp;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&amp;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&amp;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.
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 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 &amp; 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!!



























 




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