MARC FABER BLOG

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

noreply@blogger.com (Politico Cafe) — Sat, 25 Jul 2020 18:21:00 -0700

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

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

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Germany and The Whole Europe on the verge of a Disastrous Economic Cliff Edge

noreply@blogger.com (Politico Cafe) — Thu, 9 Jul 2020 07:09:00 -0700

Germany and The Whole Europe on the verge of a Disastrous Economic Cliff Edge

Germany and The Whole Europe on the verge of a Disastrous Economic Cliff Edge. The eurozone economy will drop deeper into recession this year. Germany, the single largest and strongest economy in Europe and the world's fourth-largest economy, is already feeling the pinch. The impact of the coronavirus has seen Germany suffer its widest fall in production and output since the financial crisis a decade ago. The German economy will shrink by 6.3 percent this year. German Exports contracted by 3.1 percent. The Rest of Europe is not in any better shape. In fact, the French GDP is shrinking by 5.8 percent, Spain's GDP by 5.2 percent, Italy's GDP by 4.7 percent, and The Netherlands GDP by 1.7 percent. For the 27 countries that comprise the EU, a downturn of 8.3% is expected in 2020. The coronavirus crisis will push Europe into a deeper recession than originally thought. Europe’s coronavirus outbreak will be the biggest peacetime economic shock on record. And don't expect the European banks to help. Banks may face a tsunami of problems as three factors collide: rise in non-performing loans, deflationary pressures from a prolonged crisis, and central bank keeping negative rates that destroy banking profitability. The Euro-Zone was already in deep trouble before CoVid-19 hit, the weakness that started in 2017 never ended. The region simply isn't competitive. In the fourth quarter, even Germany entered a recession. France, Spain, and Italy are looking at continued large unemployment levels. Add to this the fact the EU lacks technological and intellectual property and is falling further behind China and the US. Recently they started promoting a huge stimulus package. To fund the €750BN package, the EU would borrow on financial markets and put in place a suite of proposed new EU taxes and levies to pay back the debt over the coming decades. Characterizing the current debacle as a deep recession is actually optimistic. The ongoing debasement of fiat, coupled with raging deflation, ensures a very entertaining near future of the deflation/inflation tango. The ongoing destruction of currency is provoking flights of funds into precious metals and crypto. The banking class in the EU is a cabal of lizards. They have been hiding risk for decades, and it has only gotten worse since the introduction of the Euro. In the Mediterranean countries, vast overvaluation of dodgy investments in property means that most of the Med banks are technically insolvent. One day the sacred cows will come home to roost. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The EU economy is expected to experience a deeper recession this year than previously thought,... as the lifting of COVID-19 lockdown measures is proceeding at a slower pace than assumed in its Spring Forecast. According to the Summer 2020, Economic Forecast released on Tuesday. The EU economy will contract 8-point-7 percent in 2020. The contraction is significantly greater than the 7-point-4 percent projected in the previous forecast. Experts cite the far longer period of disruption and lockdown taking place in the second quarter of 2020. The challenge of unwinding stimulus is a lesson that’s long been apparent to central banks. More than a decade after the financial crisis, many had barely moved policy off emergency settings. Their efforts to get back to a more normal stance were on various occasions, scuppered by sluggish growth, weak inflation, or market volatility. European Governments have already pumped billions into support schemes and blown out their budgets in the process. Chancellor Angela Merkel’s government has vowed to spend whatever it takes to get the country growing again, including extending its renowned Kurzarbeit wage-support program. After years of German budget surpluses, that’s been welcomed by other nations, but the country is a rare exception in Europe. Most of its peers face stressed finances. Across Europe, many economies will suffer double-digit slumps in output in 2020. The big hit will be this quarter, the peak of lockdown restrictions. That’s almost certain to be followed by a steep rebound, but rocketing GDP numbers don’t necessarily translate into a sustainable recovery. The 19-nation euro region is set to shrink more than 8% this year, and European Central Bank President Christine Lagarde has warned that the pandemic will change parts of the economy permanently. Hundreds of thousands of workers are already facing unemployment, with companies from Deutsche Lufthansa AG -- Germany’s severely battered airline that just secured a government bailout -- to plane maker Airbus SE preparing to cut jobs. Furthermore, the two main private banks in Germany, Deutsche Bank, and Commerzbank would be on the verge of bankruptcy. The fourth regional bank, NordLB, was bailed out with state aid, which essentially ignored the current bail-in rules (instead applied everywhere else in Europe). And last November, the rating agency Moody revised its outlook on the German banking system downwards (from stable to negative). German cars are now only German in name only. They are designed in Germany by foreign nationals; the parts are built predominately in China or Eastern Europe and either: 1) The foreign parts are shipped to Germany, where the final assembly occurs. "Made in Germany" - or - 2) The whole car is made abroad, "Designed in Germany." If you want a real German car, Get an early 80s BMW. This is all the endpoint of the wonderful Globalization process. It's all driven by profit margins and tax "efficiency." To the benefit of their respective shareholders AND to the detriment of the average German worker. For those who hold equity in German OEMs, this outsourcing has been great, if you are a Handwerker who relies on domestic manufacturing for your job - you're materially disadvantaged. This current system is designed for the preservation of wealth for the top 5% of society - not the bottom 95%. When worker X makes €15 and hour and worker Y makes €3 an hour, shifting manufacturing from X to Y doesn't create efficiencies or improve anything - it just reduces cost, which isn't an efficiency in and of itself. A customs union only works with similarly situated populations, in the absence thereof (whereby a customs union with a very wealthy country and a very poor one) you have manufacturing develop in the poorer countries with services in the wealthier, something that if left unchecked leads to absurd realities. It's a complex problem which is manifesting itself in a multitude of horrible ways, but allowing good-paying blue-collar jobs to flee Germany to other nations benefits no one except the shareholders of the large OEMs, which is a small fraction of the population. In France, figures from Insee's statistics office, show activity in Europe’s second-largest economy still more than 10% below normal. The U.K. economy instantly shrank by a fifth in April alone. In Italy, even with the debt ratio set to top 150% of GDP this year, it’s extended tax breaks for companies and lengthened its furlough program for workers to 18 weeks from an initial 14 weeks. European governments are fast learning that they’ll have to live with aid programs to save jobs and businesses longer than thought to keep the economy from falling off a cliff. Across the continent, furlough programs that shielded close to 50 million jobs at the height of lockdowns, as well as tax deferrals and loan moratoriums, are being extended even as restrictions on movement are lifted. That’s because the sustainability of the economic bounce-back is uncertain, with many businesses still closed or serving fewer customers than before. The economy was already slowing for three years prior to COVID. An economic recession was expected. The whole world is going into recession at the same time. There will be no place to hide. Let's get real. The downturn in GDP for the developed world is closer to 25% despite the bloated response of governments pouring massive amounts of unsecured funds into supporting zombie companies and unemployed workers. Now with efforts to support social distancing being abandoned, there is a dark shadow on the horizon investors may ignore at their own risk. The GDP has turned into a circus of money rotating in circles without actual relation to average prosperity and productivity. Anyone with the intelligence of that surpassing a St. Bernard dog knows that the world has entered the early phase of a global economic depression. There will be NO "V" nor "W" recovery folks. No matter to what degree the Fed juices the S&P on the Market, there will be no actual recovery. It is all smoke and mirrors with many people at home, behind a computer, due to the COVID virus, mere amateurs, "buying low," whereas, the seasoned investors are on the sidelines. Many of these amateurs are "buying low" into already bankrupt companies. October and November will be the real telling point on the Markets. I've been expecting the quasi collapse of the Eurozone, and especially Italy, Greece, and Spain, for about ten years now. The perplexing thing, however, is that no matter how bad their economic and financial situation is, they still manage to limp along. Their solution so far is to just borrow the money, and if interest rates get too high, have your central bank create money and come in as a major buyer of your debt to get those pesky rates down. Several European countries have had even imposed negative rates to coerce people to spend rather than save the money to prevent deflation. How much longer do you think Europe can get away with this and keep it all going? The issue here is the European recession. But The US will be close behind. And we could be talking a Depression, not just a recession. "The virus" was just the pin, not the bubble, and the real bubble was caused by coordinated Central bank Policy. The U.S. will beat Europe to the cliff and be on the bottom before Europe even jumps off in November of 2020. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Dr. Marc Faber Exclusive Interview With The Atlantis Report 2nd July 2020

noreply@blogger.com (Politico Cafe) — Thu, 2 Jul 2020 15:24:00 -0700

Dr. Marc Faber Exclusive Interview With The Atlantis Report 2nd July 2020

👉Dr. Marc Faber exclussive Interview With The Atlantis Report 02 July 2020. We are proud to bring you Dr. Marc Faber of the https://www.gloomboomdoom.com Dr. Marc Faber, you are the author, the editor, and the publisher of The Gloom Boom and Doom report, which highlights unusual investment opportunities, and you are the author of several books, including Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets. And Tomorrow’s Gold – Asia’s Age of Discovery, which was first published in 2002 and highlighted future investment opportunities around the world. Tomorrow’s Gold was for several weeks on Amazon’s bestseller list and has been translated into Japanese, Korean, Thai and German. You are a regular speaker at various investment seminars, Dr. Faber. You are well known for your contrarian investment approach. Your contrarian views have earned you the nickname of Doctor Doom. You are a world-class investor and a regular speaker at various investment seminars.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Gear Up For The Great Economic Disaster in America !!

noreply@blogger.com (Politico Cafe) — Wed, 1 Jul 2020 10:12:00 -0700

👉Gear Up For The Great Economic Disaster in America !!

Gear up for the Great Economic Disaster. Before World War I, the American currency was supported by the gold standard, every one dollar note was a receipt for the same amount of gold that could be exchanged in the bank any moment you want. Then, World War I started on July 28, 1914, and the US Congress passed the Federal Reserve Act of 1913 that allowed the debasement of the US currency. Now, every 50 dollar currency note was backed by 20 dollars worth of gold that was almost 40% of the original value. In 1936, Hitler annexed Czechoslovakia then two years later Austria, and finally, in September 1939, he ordered to conquer Poland that initiated World War II. During the war, America, except minor skirmishes, was not practically into the Great War until the Operation Torch of conquering French Africa in November 1942, eleven months after the Pearl Harbor Attack. During the unbiasedness period, America sold goods and services to European powers and acquired gold in exchange that devastated the global economic balance, and now the gold standard or gold transactions were not viable anymore. At the end of the war, a new monetary system was introduced, which is called the Bretton Wood model. This model allowed all Fiat currencies of the world except a few to balance against the US dollar currency while US 35 dollar claim bill was balanced by 1-ounce gold, this gave economic confidence and stability and pegged all currencies against US dollar and US dollar against gold and currency exchange rates were fixed that resulted into US economic boom. Then the US started relentless printing of US dollars without any fixed gold ratio, French President Charles de Gaulle sensed it, and he asked America to trade in gold against dollar. He sent dollars to the US and bought back his gold, other countries followed the French model, and within a couple of years, America lost 50% of its gold reserves. Knowing that gold standard could not be maintained and could turn into a global economic disaster, President Nixon in August 1971 was forced to introduce a new economic model that converted all global currencies into fiat currency. Every thirty to forty years, the world had an entirely new monetary system. There was the classical gold standard before World War, one the Gold Exchange standard between the wars, the Bretton Woods system from World War two to 1971, and the global dollar standard from 1971 until today. The reason there have been so many monetary systems is that they are all man-made and not a product of the free market because they cannot possibly account for all of the forces in the free market, they build up imbalances and pressure develops stress cracks and then implode. The financialization of the US government before 2000, if we had a recession and the stock market fell, tax revenues would just fall a tiny percentage or just go flat. But since the year 2000, federal tax revenues rise and fall with the stock markets. In 2008, the stock market crashed by more than 50%, and federal tax revenues fell by 28%, this means that from now on because of the crushing debt and future obligations the Federal Reserve and the government must come to the rescue of Wall Street every time there is a stock market crash or risk of their demise. Since 1971, every fiat currency is losing its purchase power and value. Remember that in order to levitate the stock markets from the crash of 08, it took a 400% increase in base currency. Each time they do this, their power is diminished, so the next time we suffer a downturn, they aren't going to get the same economic pop from creating another 3.2 trillion. In the next crash, it will probably take a similar percentage increase or more, but this time instead of starting from a base of 0.8 trillion, we're starting from a base of four trillion a 400% increase would mean the creation of 16 trillion, which would bring the total monetary base to 20 trillion. The problem is that according to the Federal Reserve M2 currently stands at 11.8 trillion. It's now about 15.8 trillion. So the next time the stock market crashes, to save the government, the Federal Reserve may have to create more currency than currently exists, and that is the hyperinflationary end to our economic roller-coaster ride. When a wealth transfer of such scale is perpetrated by the Central Bank, the governments, and the financial sector to enrich themselves, it's nothing but the legalized theft. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. History in the Making. Throughout history, none of the fiat currency could sustain whether it was Athenian, Roman, Chinese, or Indian, there has been 0% success in this regard. All western currencies, whether it is US dollar, British pound, or Euro of European Union, have been losing their purchase power, the global economic system has already reached on the verge of collapse, and we can anticipate a new global economic system right after the COVID-19 pandemic. So we should be physically and mentally prepared to contribute our share to the new global economic model that should reflect the true democratic values with increased liberty and democracy at our workplaces. And we should think for a while that why this upcoming global economic model cannot be a cooperative model that may work for the wellbeing of the working class, which is the greatest global producer. This COVID-19 disaster is an opportunity to critically examine and reject the brutal global economy where a few have everything while the rest of the humankind have nothing. We can utilize this quarantine time to innovate some groundbreaking economic model, just like Karl Marx did in the 1840s, but this time we would not foolishly pursue the fancy ideas of communism or socialism because we know that both did not work in the recent past. We aspire to create a cooperative capital global economy that is based on true freedom, justice, and equality at the workplace. What do We Need to do to stop this Economic Carnage? History teaches us that absolute power corrupts absolutely. That is why the old imperial system failed that was followed by freedom, justice, and equality secured through the American Revolution (1776) and the French Revolution (1789). We need to re-establish our economy, workplace, and social structure on the golden principles of freedom, justice, and equality. In the following passages, we would try to examine how we can renovate and rebuild this world on these principles. 1. Pillars of Justice The architects of the new modern world envisioned building it on the principles of social justice, equality, and democracy, but unfortunately, these core values have not been secured at the workplace yet. American politics is reverberated by the slogans of justice, equality, and liberty, but the American neo-feudal lords and king CEOs have absolute power and resources to control anything they want. They do not allow workers to enjoy these values in their workplace, where they spent most of their lifetime. We need to establish these core humane values at the workplace and secure democratic rights, freedom, and equality for workers at workplaces. Workers should have the liberty to choose their profession, they should be treated with the utmost respect, and their voices should be considered in the policymaking process. 2. Establishing Parallel Public Banking System We don’t need to fear this mighty brutal elite because we have a solution to curtail their influence. We need to introduce a new economic global system that is similar to the World Wide Web, which should not be controlled by one country or one institution. We need to build a network of broad-based public banks that should not be controlled by any company or group. They should operate on egalitarian principles and should secure the rights of workers. This would require unprecedented political will and courage to fundamentally reform the global economic system. Currently, the stock exchange shareholder financing mechanism and the private banking sector fund the corporations. This mechanism must be replaced by public banks owned by worker cooperatives that should serve the interests of the workers. The current economic system, with its private banking, is serving only the crooks of Wall Street. 3. The Free and Healthy Markets It is believed that capitalism and the free market are controlling the global economy. Capitalism, as we know it, has been gone for decades; it is now a sham, and the reality is we have a controlled market that is monopolized by stock exchange corporations. Small businesses that represent healthy capitalism and a healthy free market are swallowed up by the Wall Street sharks, simply due to the lack of freedom and democracy in the workplace. Workers wouldn’t accept selling their company to the stock exchange if it was subject to their vote. The only work that can survive the Wall Street parasites is Workers’ Cooperative Corporations since they are funded by public banks rather than private banks. In Spain and Italy, Workers' Cooperatives built their public banks to serve their workers. It is worth noting that the CEO's cannot earn higher than seven times the salary of an average worker. Such environments won't allow the forming of brutal capitalism to exploit humanity and nature. This is possible only if we have justice, freedom, equality, and democracy at our workplaces. 4. True Pulse of Power It’s worth noting that this cooperative structure is not traditional socialism, and certainly, it is not communism. There is not a single company or institution in the communist or the socialist countries that regard freedom and democracy at the workplace. It's quite the opposite. The communist and socialist regimes have strict laws for workers, and they have developed sophisticated enslaving mechanisms. There is no difference between brutal capitalism and brutal communism. They secure the interests of the same brutal elite. Until we establish democracy in the workplace, we would not be able to secure economic prosperity for our working class. We highly recommend that you research Dr. Richard Wolff’s Democracy at Work. Dr. Wolff believes in the Workers’ cooperatives principles and free-market economy run by demand and supply. Dr. Wolff’s best example of Workers’ cooperatives is Mondragon, a Spanish multinational workers’ cooperative federation, which was founded in 1956 by Jose Maria Arizmendiarrieta, this unique organization has more than 100,000 workers. Mondragon Corporation is a broad-based worker's cooperative federation that directly serves its workers who have a prime share in its policymaking and profit. It is one of the most efficient and first of its kind cooperation, which has set new standards for worker’s cooperative economy. It's the largest and most successful Workers' cooperative in the world! It's a great example of Freedom and Democracy in the workplace. 5. Making of Hearty Nations and Healthy Humans If we could achieve freedom, justice, and equality at the workplace, then we can develop a broad cooperative global economic system that would benefit the poor working class, which constitutes the major part of the world population. As everything grows out of the economy, the cooperative economy would lead to a healthy social organization and will reduce the tussle between the haves and have nots. The working class would not be enslaved by the private banks and corporations. They would be masters of their destiny. 6. Breakdown and Transform If we carefully examine the big economies of the world, for example, the US economy, the European Economy, and the Chines economy, they are all failing because they have not established their economic system based on freedom, justice, and equality. The gulf between the rich and the poor in these countries is widening day by day. They are heading towards an economic catastrophe that sooner or later would shatter these economies. If we want to get rid of the danger of brutal capitalism or neo-feudalism, we must rebuild a fair economic system to form healthy political parties, an unbiased educational system, effective healthcare, and social welfare systems. The damage done by the brutal capitalism would slowly recover. Thus we would have a healthy cooperative economy in place that would secure the rights of the people. Conclusion I sincerely hope that this message reaches everyone in the world, people should discuss it with their loved ones, their neighbors, their friends, and their teammates at the workplace. I request you to share this message with your counselors, congressmen, governors, and presidents. Keep on reminding yourselves and your loved ones that we are sailing the same boat if the boat sinks then we all sink together. Heroes, who made history, were the few freemen and women who dared to transform and build regardless of popular opinion. Now, the rest just follow them. Thus, since the beginning of history, few people have dared to unite to change the global path to write honorable history. They have not been afraid of obstacles, opposition, controversies, or death. If a few of us unite and provide the appropriate knowledge, we can be among those a few who will turn the world into a better place to secure future generations. We face an unprecedented threat against humanity. Try to understand the challenge with awareness and high spirit, then contribute positively as much as you can. It is a valuable opportunity to write your chapter of history that is now being made! The clock is ticking, and we don't have time to waste, do something, and participate now before it is too late! 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Half The US Population is Now Jobless !!

noreply@blogger.com (Politico Cafe) — Mon, 29 Jun 2020 16:47:00 -0700

👉Half The US Population is Now Jobless !!

It looks like the plan to implode the US economy and turn it into a despotic Socialist regime is going well. The economy is eating itself. The vicious circle has no end, but the total collapse of the cards house. Nearly half the U.S. population is now jobless. The employment-population ratio — the number of employed people as a percentage of the U.S. adult population — plunged to 52.8% in May, meaning 47.2% of Americans are jobless, according to Bureau of Labor Statistics. As the coronavirus-induced shutdowns tore through the labor market, the share of the population employed dropped sharply from a recent high of 61.2% in January, farther away from a post-war record of 64.7% in 2000. 7.7 million jobs were lost in Hospitality and Leisure last month alone, 2.5 million in Education and Health, with 2 million in Retail and another 2 million in Professional Services. These sectors are unlikely to recover fast and enough to compensate for the job losses of the past month and even less likely to see the same level of wages of 2019. Credit card delinquencies are rising, and retail sales are going to see a very modest recovery because household debt is increasing, wages are under pressure, and most citizens are changing their consumption patterns, looking to strengthen their savings in case another shock arrives. Corporate debt is rising to new records due to the collapse in operating revenues. As such, companies will likely take all possible measures to conserve cash flow, reduce expenditure, and be prudent about hiring decisions. This will lead to slower job creation and investment even once the economy reopens. Tax increases are likely to affect recovery. The government deficit is soaring, with the Treasury looking at $2 trillion of new debt in 2020 due to the measures implemented to combat the economic impact of coronavirus. If taxes rise significantly, what is already a weak outlook for capital expenditure and job creation is likely to worsen. The U.S. has been overrun by illegals, FED debasement of the currency, crushing national, state, corporate and personal debts, the celebration of aberrant behaviors, increased drug use, defunct trade policies, open borders, and political tribalism. The US is in decline indeed. We have major issues with our economic and social structure. Our morals are in decline, and people want to sustain financially robust, but possibly immoral, lifestyles without necessarily having to do the "grunt" work, i.e., the dirty jobs. And our leadership betrayed us, both government and business leadership, by shipping and allowing our technology and basic economic things that sustain us to go into foreign control, much of it in countries much less moral than we even are. So we have spoiled brats running around rioting and looting instead of working together in an equalitarian society. That's more fulfilling to them than doing the "hard work" or believing moral principles that sustain a society, not decay it... And our "leaders" still run things to make it personally profitable for them, obscenely so, while pretending to be acting in the interests of our society as a whole. The President of the World Economic Forum declared this week: "A Great Reset of free-market Capitalism must occur. A fundamental revamp of "all" aspects of human society and industries from gas to transportation to education must be fundamentally transformed." And don't forget a couple of months back when a former vaccine expert from the government claimed that this winter would be our "darkest winter," harkening back to the original Dark Winter smallpox attack simulations of the early 2000s. Our globalist controlled governments and media need to open the economy and stop killing the world's citizens with this quarantine lockdown on the pretext of a cold virus named COVID-19. The masks and social distancing are hurting our physical and mental health, and the damage to the economy is becoming irreparable - food lines are just one of the hundreds of social problems we are creating with these lockdowns. By a thousand times or more, the lockdowns are more deadly than COVID. In other news, the Fed announced that in order to support the ailing restaurant industry, it would begin purchasing 7.5 billion worth of pizza every day. The next step will be hiring nail specialists to polish chicken claws. The Fed needs to stay out of the market. The market is supposed to be a free market, i.e., not manipulated. The Fed has pumped so much money into the market by so many outlets that it is hard to determine what's what with the market. The Fed is interfering with our ability to apply fundamental investment analysis. The FED is picking winners and losers. Why would ANYONE without the inside track have their money in these markets??? This is ALL going to end BADLY for EVERYONE. There is no longer a relationship between the stock price and the overall health of the economy. The value of a company's shares isn't related to the company. It is related to day traders looking for an immediate profit. Stock shares have become the same as oil, where the sneeze of a sheik can send the price of oil thru the roof. The vast majority of citizens have no stake in the stock market. When you are living hand to mouth, investing is an impossible luxury. When this bubble bursts, it will be the biggest economic disaster in centuries. The mother of all depressions is brewing, and the US stock will collapse by 90%. The rise of globalism depends upon our decline. A strong America threatens any possibility of the imposition of globalist controls. American economy must be crushed along with the dollar. Deliberate, of course. Depression v2 is coming, are you prepared? Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The only reason why the Fed is buying corporate debt is that no one else will, and it is the only way to artificially prop up the markets because all these stinkers at some point very soon (probably before labor day) are going to mega tank.The trump economy is totally fake and will have a real correction that no stimulus will be able to fix. Sell your junk corporate debt to the money printing-fed, then use the proceeds to buy back shares. Brilliant. More than one way to keep the stock bubble inflated. There is no free market It has been bought and paid for by our masters. The Markets are now reflecting Government Manipulation to influence Share-Prices to drive up the S&P 500 to influence voters that think a UP Market means Jobs. It is all a bunch of Roguery. Here are some Terms for those that don't understand wall st. : Stimulus: corporate welfare, Repo market: corporate welfare, Main street lending: Corporate Welfare, Junk ETF w/ Blackrock: corporate welfare, Individual Bond buying of major corporations: corporate welfare. The Fed: Plug. This is crazy Corporate socialist cronyism Disguised as A emergency situation to save capitalism. This will turn out great for the fed and the mega-wealthy, but Joe and Jane taxpayer will get shafted with the bill again. The general public needs to demand an end to the fed before they totally destroy what is left of the middle class. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉The Stock Market is a Gigantic Ponzi Scheme Owned by The Fed !!

noreply@blogger.com (Politico Cafe) — Sat, 27 Jun 2020 14:46:00 -0700

👉The Stock Market is a Gigantic Ponzi Scheme Owned by The Fed !!

Since interest rates are so low, the only place to make any money is in the stock market. That's what driving the high multiples and the stock market bubble. People have the feeling that the Fed is not going to let the market fail, so they keep buying stocks. This is not good. The manipulation such as the rock bottom interest rates and QE Infinity by the Fed is propping up a market that should have fallen a long time ago. The $2.2 trillion welfare bill to corporations (oops, I mean stimulus) had everything to do with this stock market bubble. Taxpayers got 300 billion of that, but corporations got $1.9 trillion to buy their own stock and pay their CEOs bonuses. The Fed is propping up the stock market. The Fed bought the market. They are now buying stocks of companies to keep them solvent. This isn't good. We are now worse than the Weimar Republic. The market's disconnect from reality, coupled with its irrational exuberance, makes for a decline we have not seen since Herman Minsky's writing of the 1920s. Without Fed intervention, this market probably would have fallen to 5,000. The question is, how long will the Fed buy the market and at what cost. The market has become so divorced from reality that it has entered the realm of absurdity. How can anyone expect a meaningful profit when retail and manufacturing are operating at 25% capacity? Four million people are not paying their mortgages! That's just residential mortgages. The commercial is a whole other story. Consumers are broke. They owe 7% of every dollar earned over the next 20 years to debt payment. It's all bull, and if the virus keeps spiking, lookout. Right now, it's just a short squeeze. It is a toxic atmosphere. All of the fundamentals and natural market forces are thrown out the window. The fundamentals are gone. There is no reason to be optimistic about earning when we already know that businesses will be crippled for many months to come. Earnings for many quarters will be terrible, guaranteed. So that argument that things are already factored in and that the market is an indication of the future is completely bogus. Let's call it like it is. The Fed bought the market, and now you have investors being reckless because they think they can never lose because they will always be backed by the Fed. That's not capitalism at all. That's pure manipulation and speculation. It has nothing to do with market forces and fundamentals. It has everything to do with people being reckless and feeling extremely confident that they can't lose because they will always be backed by the Fed. It's like going to the high roller table at a Vegas casino, and no matter how much you lose, you keep getting credit from the casino and you keep getting comped (free luxury penthouse suite, free food, free drinks, free shows, free transportation, free everything) no matter what. And imagine that the gambler never has to pay the casino back because the credit keeps coming over and over again. You know what that is? That's artificial. That's unsustainable. It can't work in the long run. There always comes a time when everyone must pay. And eventually, we will pay. We will pay. It's only a matter of time before this market drops like a bag of potatoes. Large investors have been holding up the market, so all the useful idiots keep their cash invested there! When they suddenly pull out of a market where there are few companies doing well, and the rest are sloshing along with.Bye-bye market! And with 1/4 of your workforce out of work, the demand side of the economy is crippled, and companies will not hire until they are making money again. If you don’t see the inevitability of the coming collapse, just keep your head in the sand. The Stock Market is a Ponzi Scheme that only Exists to Fool Americans into thinking; All is well. When in fact, it's ALL Criminally Corrupt and about to FAIL, leaving them in a world of HURT with a Failed currency, no food, no safety net, no jobs, and a pandemic to deal with! All Thanks to the Criminals that destroyed the US Economy & Financial Systems by INTENT. Hell is waiting and getting nearer every hour. I think they are going to tank the market in October, just in time for the election. It is almost as if the US stock markets had been primed by Federal Reserve intervention over the previous 5+ years, and someone let the monster out of the cage. The deregulation, changes to tax structures, and general perception of market opportunity changed almost immediately after the November 2016 elections and really never looked back. The Federal Reserve was created as an illusion for the masses. The mega-wealthy men who created the FED realized they would soon own nearly everything of value, so a way was needed to create an illusion of perpetual prosperity for an ever-expanding population desiring ever-more resources. Thus, the FED created to print a never-ending source of imaginary money based on nothing so the masses could continue buying something. That's why it did not matter when the National Deficit hit 1 trillion dollars years ago, nor will it matter when it hits 100 trillion dollars in due course. How can there be actual debt on an imaginary construct? Of course, there are two separate monetary systems: sovereign and mass. We, the people, are all members of the mass. Our dollar debts are actual dollar debts that must be repaid. Not so with sovereign debt. The FED will print; however, much is needed to keep the illusion going. So The US politicians pass an AID BILL, which is to BAIL OUT the STOCK MARKET, with money from the FEDERAL RESERVE, which in reality, the FED is buying up the US while charging the money printed to the US. When a bank issues a mortgage, they charge you to use their money while they are the owner until the debt is paid. The US now owes 26 trillion dollars, But in reality, it is more like 125 trillion dollars, which leaves each taxpayer on the hook for $811,000. This U.S. National Debt consists of: debt held by the public. Intragovernmental holdings, including debt held by Social Security and Medicare trust funds. But it does not include total unfunded Social Security and Medicare promises. The FED was never intended to buy up anything other than the US government's debt. They are a Criminal PONZI Scheme which will FAIL and take DOWN the Entire US Economy with them. All by design. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Currently, the bonds are not paying anything meaningful, so the money is flowing into the stock market. Just raise interest rates and see how fast this bubble will burst. Shower wall street with money. The brokers. CEO's and board of directors and some insiders steal from everyone. Then when the market crashes, the taxpayers bail them. None of the criminals go to jail. The greatest country on earth.But only for the super-rich. Tax cuts for corporations allowed them to buy back stocks, which drove up the values and CEO compensation. In the meantime, many paid zero in federal taxes. Amazon is one example - whereby they profited 11 billion in both 2018 and 2019...without paying a dime in federal taxes. In the meantime, the Feds have been buying the risk repeatedly. And you can't leave out the Feds lowering interest rates four times in 12 months (January 2019-January 2020). Now the rates are nearly zero percent. When you can borrow money for next to nothing and pay no federal taxes, you're going to put that money somewhere - hence stock valuations. Sadly, 58 percent of Americans don't have $400 in savings. Personal taxes for working folks are out of control, as they must pay extra for police, fire, schools, roads, etc., due to corporations not contributing anymore. At the end of the day, consumers are a must - and when consumers have empty pockets, the markets won't be far behind. The Feds can only keep the fluff going for so long. At some point, the piper must be paid. We believe that the stock market will crash a short time before the election. And it might be sooner! Now, we’re warning that this current parabolic upside price trend near the end of Q2 of 2020 could be a massive setup for one of the biggest revaluation events we’ve seen since 1999~2000 ,(the last big bubble). Our researchers believe a shift away from the global financial speculation that has driven a total global asset bubble over the past 8+ years will suddenly shift away from wild speculative euphoria and quickly transition into the realization phase of “uh oh, what have we done.” It is this point that we suddenly enter a financial distress phase where investors flee over-inflated assets to move into risk hedging strategies. Why do you think Gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their “uh oh” moment. The US stock market has gone parabolic because a very unique set of circumstances have come together at this particular time in history. Now, we have to deal with the current and future phases of this cycle and prepare for what’s next. Protect your open long trades and/or take some profits out now. If our research is correct, we have already entered the Financial Distress phase. Q2: 2020 may be the catalyst event, and that is only a few days away. The Criminals that run the US don't want you to have any savings, food, home, health, security of even your Life! The Fed is stealing your buying power. 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! Since interest rates are so low, the only place to make any money is in the stock market. That's what driving the high multiples and the stock market bubble. People have the feeling that the Fed is not going to let the market fail, so they keep buying stocks. This is not good. The manipulation such as the rock bottom interest rates and QE Infinity by the Fed is propping up a market that should have fallen a long time ago. The $2.2 trillion welfare bill to corporations (oops, I mean stimulus) had everything to do with this stock market bubble. Taxpayers got 300 billion of that, but corporations got $1.9 trillion to buy their own stock and pay their CEOs bonuses. The Fed is propping up the stock market. The Fed bought the market. They are now buying stocks of companies to keep them solvent. This isn't good. We are now worse than the Weimar Republic. The market's disconnect from reality, coupled with its irrational exuberance, makes for a decline we have not seen since Herman Minsky's writing of the 1920s. Without Fed intervention, this market probably would have fallen to 5,000. The question is, how long will the Fed buy the market and at what cost. The market has become so divorced from reality that it has entered the realm of absurdity. How can anyone expect a meaningful profit when retail and manufacturing are operating at 25% capacity? Four million people are not paying their mortgages! That's just residential mortgages. The commercial is a whole other story. Consumers are broke. They owe 7% of every dollar earned over the next 20 years to debt payment. It's all bull, and if the virus keeps spiking, lookout. Right now, it's just a short squeeze. It is a toxic atmosphere. All of the fundamentals and natural market forces are thrown out the window. The fundamentals are gone. There is no reason to be optimistic about earning when we already know that businesses will be crippled for many months to come. Earnings for many quarters will be terrible, guaranteed. So that argument that things are already factored in and that the market is an indication of the future is completely bogus. Let's call it like it is. The Fed bought the market, and now you have investors being reckless because they think they can never lose because they will always be backed by the Fed. That's not capitalism at all. That's pure manipulation and speculation. It has nothing to do with market forces and fundamentals. It has everything to do with people being reckless and feeling extremely confident that they can't lose because they will always be backed by the Fed. It's like going to the high roller table at a Vegas casino, and no matter how much you lose, you keep getting credit from the casino and you keep getting comped (free luxury penthouse suite, free food, free drinks, free shows, free transportation, free everything) no matter what. And imagine that the gambler never has to pay the casino back because the credit keeps coming over and over again. You know what that is? That's artificial. That's unsustainable. It can't work in the long run. There always comes a time when everyone must pay. And eventually, we will pay. We will pay. It's only a matter of time before this market drops like a bag of potatoes. Large investors have been holding up the market, so all the useful idiots keep their cash invested there! When they suddenly pull out of a market where there are few companies doing well, and the rest are sloshing along with.Bye-bye market! And with 1/4 of your workforce out of work, the demand side of the economy is crippled, and companies will not hire until they are making money again. If you don’t see the inevitability of the coming collapse, just keep your head in the sand. The Stock Market is a Ponzi Scheme that only Exists to Fool Americans into thinking; All is well. When in fact, it's ALL Criminally Corrupt and about to FAIL, leaving them in a world of HURT with a Failed currency, no food, no safety net, no jobs, and a pandemic to deal with! All Thanks to the Criminals that destroyed the US Economy & Financial Systems by INTENT. Hell is waiting and getting nearer every hour. I think they are going to tank the market in October, just in time for the election. It is almost as if the US stock markets had been primed by Federal Reserve intervention over the previous 5+ years, and someone let the monster out of the cage. The deregulation, changes to tax structures, and general perception of market opportunity changed almost immediately after the November 2016 elections and really never looked back. The Federal Reserve was created as an illusion for the masses. The mega-wealthy men who created the FED realized they would soon own nearly everything of value, so a way was needed to create an illusion of perpetual prosperity for an ever-expanding population desiring ever-more resources. Thus, the FED created to print a never-ending source of imaginary money based on nothing so the masses could continue buying something. That's why it did not matter when the National Deficit hit 1 trillion dollars years ago, nor will it matter when it hits 100 trillion dollars in due course. How can there be actual debt on an imaginary construct? Of course, there are two separate monetary systems: sovereign and mass. We, the people, are all members of the mass. Our dollar debts are actual dollar debts that must be repaid. Not so with sovereign debt. The FED will print; however, much is needed to keep the illusion going. So The US politicians pass an AID BILL, which is to BAIL OUT the STOCK MARKET, with money from the FEDERAL RESERVE, which in reality, the FED is buying up the US while charging the money printed to the US. When a bank issues a mortgage, they charge you to use their money while they are the owner until the debt is paid. The US now owes 26 trillion dollars, But in reality, it is more like 125 trillion dollars, which leaves each taxpayer on the hook for $811,000. This U.S. National Debt consists of: debt held by the public. Intragovernmental holdings, including debt held by Social Security and Medicare trust funds. But it does not include total unfunded Social Security and Medicare promises. The FED was never intended to buy up anything other than the US government's debt. They are a Criminal PONZI Scheme which will FAIL and take DOWN the Entire US Economy with them. All by design. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Currently, the bonds are not paying anything meaningful, so the money is flowing into the stock market. Just raise interest rates and see how fast this bubble will burst. Shower wall street with money. The brokers. CEO's and board of directors and some insiders steal from everyone. Then when the market crashes, the taxpayers bail them. None of the criminals go to jail. The greatest country on earth.But only for the super-rich. Tax cuts for corporations allowed them to buy back stocks, which drove up the values and CEO compensation. In the meantime, many paid zero in federal taxes. Amazon is one example - whereby they profited 11 billion in both 2018 and 2019...without paying a dime in federal taxes. In the meantime, the Feds have been buying the risk repeatedly. And you can't leave out the Feds lowering interest rates four times in 12 months (January 2019-January 2020). Now the rates are nearly zero percent. When you can borrow money for next to nothing and pay no federal taxes, you're going to put that money somewhere - hence stock valuations. Sadly, 58 percent of Americans don't have $400 in savings. Personal taxes for working folks are out of control, as they must pay extra for police, fire, schools, roads, etc., due to corporations not contributing anymore. At the end of the day, consumers are a must - and when consumers have empty pockets, the markets won't be far behind. The Feds can only keep the fluff going for so long. At some point, the piper must be paid. We believe that the stock market will crash a short time before the election. And it might be sooner! Now, we’re warning that this current parabolic upside price trend near the end of Q2 of 2020 could be a massive setup for one of the biggest revaluation events we’ve seen since 1999~2000 ,(the last big bubble). Our researchers believe a shift away from the global financial speculation that has driven a total global asset bubble over the past 8+ years will suddenly shift away from wild speculative euphoria and quickly transition into the realization phase of “uh oh, what have we done.” It is this point that we suddenly enter a financial distress phase where investors flee over-inflated assets to move into risk hedging strategies. Why do you think Gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their “uh oh” moment. The US stock market has gone parabolic because a very unique set of circumstances have come together at this particular time in history. Now, we have to deal with the current and future phases of this cycle and prepare for what’s next. Protect your open long trades and/or take some profits out now. If our research is correct, we have already entered the Financial Distress phase. Q2: 2020 may be the catalyst event, and that is only a few days away. The Criminals that run the US don't want you to have any savings, food, home, health, security of even your Life! The Fed is stealing your buying power. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Wall Street is Fiddling While the US Economy Burns !!

noreply@blogger.com (Politico Cafe) — Wed, 24 Jun 2020 14:49:00 -0700

👉Wall Street is Fiddling While the US Economy Burns !!

With record new cases in major states, the reopening experiment is proving to be a flop. No matter what the Fed does, since we never contained the pandemic in the first place, and most people don't take it seriously enough, we're looking at a long road ahead. A 2nd round of lockdowns very likely. This is a great time to invest. Don't worry about the $10 Trillion on the Fed balance sheet. Don't worry about the $30 Trillion in corporate debt. Don't worry about a possible second wave. Don't worry about permanent layoffs from business closures and bankruptcies. Don't worry about the Shiller P/E ratio at historical highs predicting average annual returns of negative 1.5% for the next eight years with a downside possibility of negative 9% and an upper range of 3%. Don't worry about the $600 billion in annual government interest payments .$27 trillion in government debt. $147 trillion in unfunded liabilities. $40,000 in average debt per student. $3.5 trillion federal government met deficit .$62,000 in personal debt per citizen. Stagnant/declining wages for the foreseeable future. Inflated asset prices. Social unrest. Covid-19. This time is different. Pump up the stock market, so companies can just issue more shares and bonds to get the capital they need near term. FED won't give you the money directly now, but retail or company buybacks will happen down the road in hopes we can get a return on our 8 trillion we have been pumping in markets for the last four months. This is nuts! The Fed and Government will ensure that millionaires and billionaires don't lose a dime...ever...regardless of circumstances and happenings in the economy and that they'll even profit from this crisis. The remaining 99% can eat cake. When you see stories about how we all need to jump into the market, or we'll miss out, you know we're close to the top. Was UBS saying this at the March lows when people could actually get a return on investments? Nope. They just want retail investors to dive in now so that the big boys can start liquidating their positions. The scam continues. Not only are they convincing folks to put all their money in stocks at market highs, but also convincing people to buy houses at extremely high prices just to get a low-interest rate. Wall Street is fiddling while the US economy burns. What is “unambiguous” is the rapid rise of the national debt and balance sheet that the Chair of the Federal Reserve Bank told us not to worry about. Also, companies' existence is not for making a profit, but for creating employment and take assistance from the government. If this is the new paradigm, America is in trouble. It is time to look elsewhere for investment. The government can hype and overlook COVID-19, but more citizens are still getting sick and perish from it. As far as the stock market is concerned, expect it to go down considerably back to normal values, which is far lower than it is now. Take a look at the dire condition of the real economy - unemployment, less cash to spend, and more debt than ever to pay (at private bank interest rates that are frankly morally and ethically unreasonable in the current climate). Get ready for the biggest stock market collapse in the history of trading. Move your capital to safer stores of value now, or you'll probably regret it come winter. The case for "real economy individual debt write-offs" is getting stronger. Helicopter money hasn't saved the day. Now the central bank buy-up of company bonds is getting risky. By putting more money into ordinary peoples' pockets immediately, you'll boost spending and return the world economy to growth, higher inflation, and higher interest rates. Head towards negative central bank rates, and you'll prolong the agony of low inflation and low-interest rates for decades to come, and cause more QE than ever to add debt to an already overwhelmed tax-payer. Take care, boys and girls, this global economic game we are now playing are getting very dangerous. There is very little room for error now. It would be sensible that volatility in the market should continue for quite a while. When someone looks at the crazy debt situation, so many corporations are in, it is clear that they have been mismanaged. Why? The real goal of the board of directors and top executives has been to increase beyond any reason their personal compensation. If it took "destructive capitalism," fine, it took borrowing against the corporate assets, fine. Now earning is down and will be down. Who is really buying? The millions that are out of work, many permanently? This is a global problem. Those who fail to remember the past. Meanwhile, the very rich/elite/corporate causes of these economic troubles continue to cash out. There is no personal responsibility if a business is fraudulent, poorly run, or simply has assets sold a little at a time. Ultimately, it is the common shareholder, the citizen with a retirement fund/plan, or the community that suffers. This virus, or another, will come back. This is also another history lesson. It has been since 2008 since I have played at the stock market casino. It still has terrible odds. Pump up futures, drop at open, buy the dip. Same story every day. Day action will see at least 2 to 3 dips with BTFD, and the last 15 minutes will be based on leaked news, possibly for the next day or overnight. No, if we only could all make money on this pattern. Only 30 % of Americans have stock, but Trump is pumping trillions into the market to keep 30% whole and the heck with the 70% that will pay the debt. Trump is playing the masses. The vast majority of people have little to nothing in stocks, and the vast majority of stocks are owned by the wealthy, so propping up the markets isn't as relevant as an income, healthcare, and job security to most. Forty million unemployed Americans during this crisis. You think they'd rather have a job or the stock market propped up? Sooner or later, the Fed money mill will have to stop. And it's getting sooner each day. We can't be adding trillions annually to the debt. Nobody will buy bonds at negative interest rates. All debt earns interest, and we are nearing the end of our debt financing limit, especially with $27 trillion of debt. We may never pay off the principal, but interest payments must be made. At just 1% interest, that is $270 billion in annual interest payment alone, which will eat tax revenues. How is the Fed going to make up for double-digit unemployment and less money flowing into the economy? This is so stupid. This market is also a bubble from the Trump tax cuts. Same stagnant growth, but the market doubled. If the market sees Biden winning and those stupid tax cuts being reversed, this balloon is going to lose air quickly. The more money the Fed pours into the markets to hold them up, the less your money is worth. There is no happy ending in this for you. The Feds have declared it a Christmas market all year. They just keep pumping the market every day. It goes up every day, and you believe that this is just business as usual when all brokers are screaming somethings wrong, and half of the brokers are cashed out. The big drop is coming soon to pay attention to people. The Fed can buy as many securities as it wants. But that won't overcome the fact that consumers have stopped spending. All that will end up happening is they will drive the prices to heights that are so divorced from the underlying earning that when the bubble pops, it will be the greatest crash of all time. The stock market is NOT the economy. It barely counts as an indicator. The Feds dumped Trillions into the stock market to boost it. With 30% of Americans skipping/missing their housing payment. It did nothing for people that have to work for a living. It was completely unnecessary to float Trillions of dollars directly to business owners. If those same dollars had been given to workers and the unemployed, the economy would get by just fine. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. Thank You. Ever since Greenspan, there has been a ferocious expansion of credit and/or printing of money. It is a fools' errand. The bond market has been predicting deflation/stagflation for 20 years. Consider Real Estate: when GIs came back from the war, they paid no more than $10,000 for their houses. Those same houses go for $500,000 or more. Those houses are not 50 times improved. Since Greenspan, our dollar buying power is 1/4 or 1/5th of what it was. This is false prosperity. The longer we put off a price adjustment, the harder, the longer it will be. All this money is pumping up asset prices/profits that must fall. The Federal Reserve is the pump that powers Trickle-down economics. Another stimulus is coming. A couple trillion dollars to the rich and their corporations will pump that market up big time. Once the stimulus stops and the bills come due (either as more taxes or devalued dollar), the party will be over, and most likely, it won't be the rich fat cats who will lose the most; it will be the little guys who didn't see it coming. Trickle-down economics has never, ever worked and never will. It is a theory that has been thoroughly busted and debunked based on real-life experience, and it should be relegated to the dustbin of economic history. Dumping large amounts of cash into the hands of large multinational corporations and expecting them to act as conduits for the cash to flow down to the middle class and the poor is ludicrous. Every Republican President, since Reagan, has subscribed to this theory, and the middle class has been shafted each and every time. Trickle-down economics is a smokescreen for keeping the wealth of this country in the hands of the very few at the expense of everyone else. Workers need to wake up and realize that they have power, the power of their sweat and labor. Unions served a purpose once, and the time is ripe for a resurgence of the labor movement. This is not news. This is the problem with Fed policy for 12 years or more. Using the usual Keynesian policy that is government policy, the Federal Reserve assumed the trickle-down approach would work. Keynesian economics always requires trickle down. In this case, it is not working. Companies know that they are not compensating their employees enough to allow them to generate demand as consumers. They have no illusions about the future. The business executives know that employees as consumers are constrained by the amount of debt they can get to generate effective demand. If there is no demand, there is no reason to expand production. There is no reason to invest in real plant and equipment. Low-interest rates and plentiful credit availability are too good to waste. Since the executives are rewarded for stock price increases--and there is no way to generate stock price increase the honest way through production; the executives buy back the company's stock with cheap money. The Federal Reserve and the Federal Government are stuck between a rock and a hard place. They cannot let stock prices fall for one reason: Boomer retirement. Pension funds and 401k funds would be devastated if stock prices fell to their true value. We are witnessing the total collapse of the Keynesian economy. We are witnessing demand destruction. We will soon witness the loss of control by the Fed and the destruction of the US dollar. Enjoy the show. The Fed might keep pumping for several more months. I think Trump wants a record high (which has no connection to reality, but either does Trump, so there you go). The market will drop pre-election, maybe by Labor Day, maybe later. 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!

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉National Debt Tops $26 Trillion - Powell Warns The Deficit is now Unsustainable !!

noreply@blogger.com (Politico Cafe) — Wed, 17 Jun 2020 12:59:00 -0700

#theatlantisreport #usnationaldebt #usdebtclock 👉National Debt Tops $26 Trillion - Powell Warns The Deficit is now Unsustainable !!

National Debt Tops $26 Trillion - Powell Warns The Deficit is now Unsustainable !! America's national debt has been ballooning at an exponential rate during the last 15 years. But it has exploded out of control after COVID 19, adding around one trillion dollars more of debt each passing month. On Tuesday, the national debt pushed above $26 trillion. That's greater than all the national debts of Japan, China, France, Germany, The UK, India, Australia, and Russia all combined. Just 35 days ago, the debt eclipsed $25 trillion. And 28 days before that, the national debt stood at a mere $24 million. The U.S. National Debt hit a new record high of $26 trillion last Tuesday on the 9th of June. In the last 63 days, we've increased the national debt more than two trillion dollars. And if nothing changes, if we stay on the same trajectory, by the end of this fiscal year, the debt will be over twenty-eight trillion, maybe pushing 29 trillion dollars in national debt. Because our structural deficit this year is going to reach somewhere around six trillion dollars. In other words, we will have spent six trillion dollars more than we brought in in revenues. The ramifications of this kind of national debt are going to be catastrophic. The national debt will exceed the gross domestic product by about a hundred and ten percent. When that happens, we must confront it, we will have to face the ramifications of it. It took the nation 210 years to run the National Debt up to $2 trillion. It took exactly two months and two days to add the most recent $2 trillion, Peter Schiff said in a recent tweet. The country’s gross debt has now crossed the historic $26 trillion mark for the first time. This almost inconceivable number comes after several months of inflationary measures by the Federal Reserve, which has seen the dollar supply increase dramatically. Today Wednesday, 17th of June, a week later, it has jumped again to $65 billion. The U.S. National Debt was $25 trillion just last month in May and $24 trillion in April. The tremendous increase in debt is due to the response to the coronavirus pandemic, which has only sped up the ongoing global economic crisis. Prior to COVID-19, the U.S. debt had already been growing exponentially for the last six-plus years. In Oct 2019, it was $23 Trillion, in May 2019, it was $22T. In Mar 2018, it was $21T, Sept 2017; it was $20T, Feb 2016; it was $19T, Jan 2015, it was $18T, and Jan 2014, it was $17T. This is not healthy for our overall global economy. The U.S. debt level is growing faster and faster every year, and now even every month. The exponential curve is getting steeper and steeper, if not already out of control; it soon will be. Meanwhile, the federal government just set a record for the biggest budget deficit in any fiscal year — with four months left to go. The US deficit soared to $1.9T for the first eight months of the fiscal year. $3.7 trillion deficit per year, is just over seven times the total of Sweden's GDP. In May, the gap between what the government spent and what it collected hit $424 billion, more than twice the level it was at one year ago. Revenues in May totaled $175 billion — down $58 billion from last year, the result of a decline in wages and overall economic activity. May’s budget shortfall pushed the fiscal 2020 deficit to $1.9 trillion, according to the latest monthly US Treasury Department statement. Fed's Powell warned Congress during his semi-annual testimony that the U.S. budget deficit, which is expected to hit $3.7 trillion this year, is on an unsustainable path. The previous budget deficit record for any year was $1.4 trillion in the Fiscal Year of 2009. Before this year, the federal government had run deficits over $1 trillion in just four fiscal years, all during the Great Recession. The Committee for a Responsible Federal Budget estimated the debt would grow by $4 trillion this year. As interest payments rise, the government will either have to collect more taxes, cut spending, or print money. Remember that as interest rates increase - so does the nominal debt. Someone has to pay for the tax cuts, and guess what? It ain't gonna be the major stockholders who benefited out of it. If interest rates begin to rise, the cost of holding on to that debt becomes more expensive. If interest rates were to be at 4%, that debt would begin draining money from other resources. We will be paying over 400 billion just on interest on the debt. With the ridiculously low-interest rates. If interest rates were 3-5% percent, interest on the debt could become the largest expenditure. Debt eating up all of our income tax payments. No wonder our prosperity is declining. We really can't keep going in this way; it's unsustainable. And that just means the debt is growing faster than the economy, so debt-to-GDP is rising. That is, by definition, unsustainable." The Fed is largely to blame for the debt problem. They lower interest to boost housing and the stock market when wages and real growth has not happened for YEARS. So, people take out higher loans. So people go into debt, spend less on other things, and wages are still low (in comparison), so Tax revenue is just as low. Hence THE DEBT BOMB. And Democrats and Republicans want to give away more free money! The debt load is expected to rise to 125 percent of GDP over the 20 years. That's higher than the US debt-to-GDP ratio during World War II. But perhaps the most striking aspect of the growing debt is the fact there really is no end in sight, and the US has no chance of ever paying off the debt. The national debt is a huge concern, not for our government, but for us. The Fed can just keep printing money and inflate the debt away. For us, though, it just makes things cost more, and our buying power dwindles to nothing. Look at Venezuela and Argentina. Think that is isolated to third world countries? We are on the same fiat monetary system. Just because other countries want to own our debt doesn't make our debt/dollar safe. One day that will change. China is circumventing the dollar by allowing countries to buy oil with Yuan convertible to gold. Why would you buy a dying US dollar to buy oil when you can have a real asset like gold? The problem is that we are stuck in our debt-based economy. If we don't increase the debt, the economy collapses. The National Debt is unplayable at this point. The socialist Republicans will not stop until there is no more paper to print money. And the socialist democrats are worse. If this deficit spending continues, our US Dollar will lose its pre-eminence as the world's trade currency! The USA has already intercepted Oil trading on the high seas... Other countries already don't need the US dollar for their trade. When the dollar tanks, interest will have to be raised. And then, watch out housing and stock market and everything else. If you THINK that you've seen chaos lately, wait to see it when THAT happens. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. With a national debt of over 26 TRILLION and an annual budget deficit of a TRILLION dollars, some still claim we are WINNING. Despite the declining manufacturing data, ballooning national debt, and budget deficit. As interest rates go up, the cost of financing the National Debt is also going to go up. The Government wants inflation to pick up. But they will not increase the Social Security payments by anywhere near real inflation. In fact, over the last seven years buying power of your Social Security has gone down because of the inflation, the Government won't talk about. If inflation starts to get away from this Government Treasury notes, bills and bonds might be the place to stick your money. Remember the 13 and 14% Nixon years. You could have picked up 30-year bonds with a 10%. We’re lucky the US is the world's reserve currency and get a major boost from this, where other countries approaching 100% debt to GDP have trouble selling their debt, and interest rates go wild. But we will find ourselves in a major rate bind when the next recession hits and more deficit stimulus spending is needed to jumpstart us out of it. Soon the world will pull our reserve currency status, and that is going to make some people very unhappy. We are flying blind here, just piling on deficits, and eventually, it is going to catch up, and it will be a catastrophe. Obama DOUBLED the national debt in 8 years, adding ten trillion, that's more Debt than every other previous President COMBINED. Trump has added about $6 trillion to the national debt so far, despite his pledge to wipe it out in eight years and his campaigning on being "the king of debt." Remember, in the primaries Trump stated "we need to reduce the national debt" and then said the great tax robbery from the middle and lower classes in favor of the rich would bring in so much new tax income for the federal government that it could begin to cut the national debt !! I am STILL WAITING !! If you take away the $70B tax break given to corporations, the net growth would be 1.8%. I have to conclude that Trump doesn't know what he is doing with the economy. Why do we need to spend $730B a year on defense? If you add the $300B that NATO is spending, that is more than ALL military spending of all of the other countries of the world COMBINED! However, I dispute the premise that any businessman needs to be President. The government is not a business. It does not produce anything. The money coming in is money taken from the hard work of citizens. We need someone with morals to be President. Someone who actually is concerned with how to spend our money. Yes, we need national defense, we need infrastructure, we need about 1000 other things as well. However, we do not need anything so bad to borrow money outside of natural disaster relief. Everything else can and should be planned for. If we can’t afford something, then we can’t have it. I want a Porsche but can’t afford it and am unwilling to give up a few other things to get it. It should be the same as the government. Businessmen don’t think that way. They borrow and spend, and hopefully, the new product pays for what they borrowed. The government has no new product to sell. Conservatives claim government spending doesn't improve the economy unless it's corporate welfare for the military-industrial complex. The US outspends China by six times and Russia by ten times in military spending. Trump touts increased spending on the military as one of his administration's top accomplishments. The only thing our government has always been good at is literally just spending money they don't have. We literally already pay so much in taxes. They need to cut spending. The defense budgets are completely out of control. But it has always been such a boondoggle for politicians. No politician is willing to speak the truth. Balancing the budget will take three things. Entitlement reform. Cut military spending. Increase tax revenue. Touching one of those three will get you primaried in either party. Fiscally responsible, GOP sent the deficit into the stratosphere. Haven't you heard, since electing the chosen one, debt is no longer an issue, we just default, easy cheesy lemon squeezy. Why would we pay off our debt when we can tell the contractors to take a hike. Of course, we'll still have to cut social security and cut medicare. Somebody has to pay for the wealthy/corporate welfare program. Support corruption, forsake your principles, edify the wealthy/corporations at the expense of the U.S. all. Default on the debt and watch the US dollar become worthless overnight. I hope Trump isn't that insane. The ruling banksters probably think that they are exempt from what happens when the dung hits the fan. They probably even have bunkers setup or compounds on remote Islands. The problem is that even if you have a trillion dollars, you can't buy a can of tuna if there is none. Taxpayers are the proverbial goose that laid the golden egg. Trying to assume that the economy will just continue to grow to cover any rise in interest payments is the epitome of stupid. Personally, I hope we have a crash in the next couple of years so that we can FINALLY have an adult discussion about Federal spending. At some point, the public will demand higher interest rates for Federal debt issued, which will invariably crowd out the stupid amounts of spending on pork-barrel projects, special interest handouts, and the government contracts for defense. Shame on both Democrats and Republicans for this mess. A study of 20 developed countries who became overindebted showed that ALL 20 had to eventually go through austerity to resolve the issue. It is also a fact that NO country has been able to print its way out of debt. With the amount of debt we now have, we will already have to go through decades of austerity to pay it down. The longer we keep racking up the debt to avoid the pain, the longer the period of austerity we will have to go through. And the entire world will be having to go through this austerity - making it even worse. This is just common sense and should be recognized by anyone with a fully functioning brain!! We need a real and huge spending cut program. Starting with the government subsidies (there are over 2200 of them). Eliminate all of them (that equates to about one trillion dollars a year). Subsidies, which always interfere with the free marketplace, are essentially a "slice" of Communism - the most failed Economic system ever. Next, reduce government workers' salaries, pensions (no more full retirements at age 55 or under; wait until age 65 like the rest of us to earn full retirement benefits), and benefits to the equivalent of their counterparts in the private sector. Instead of pensions, put them on Social Security and contribute a small percentage of their annual salaries annually to their IRAs. No overtime pay for management employees. Go to automatic income tax deductions similar to Social Security - no forms to fill out - enabling us to eliminate most of the IRS. Abolish the debt-ridden and job-killing Obamacare. Government regulators get a new job - instead of endlessly creating more job-killing regulations, they start off with a clean piece of paper, make a minimum of needed regulations and eliminate the millions of regulations on the books now. The Fed is extending CREDIT, i.e., enabling more debt creation. They are allowing debtors to dig a deeper hole. Debt is a financial hole, and the first rule of holes is when you find yourself in one, stop digging. At some point, that debt will be defaulted on because the borrower becomes insolvent due to the collapse in the value of the collateral. It is very likely by then that the bond market falls apart and freezes, which means MARKET interest rates rise rapidly and lending freezes. The Fed has ensured that even the "responsible people" who have "done the right thing" are going to be screwed too. Inflation is already a problem. Groceries costs are doubling. Some new cars cost as much as a house. Rent is at an all-time high. Health insurance for a family of 3 is $1400 per month. These are big inflation numbers but will be dwarfed by what continued monetization will do. People are rioting and looting because they are being left behind. If you artificially create inflation in prices while simultaneously creating hyper-inflation in stocks, guess what happens! The non-investor class goes from middle to lower to peasants. And if I am a pissed off peasant, and I see an unguarded AT&T store, I am taking a few iPhones, because I am entitled to them. We have created a Hell of our own making. The US has austerity for the poor, hungry, and homeless folks. We cut back on food stamps, housing subsidies, school lunch programs, halfway houses, mental health centers, drug addiction programs, early childhood intervention, clean water. But there is ALWAYS a spare trillion for the military each year. Since 2009 the nation’s private-sector employers have been adding jobs for 132 straight months – 20.8 million since the Great Recession, and yet, nominal wage growth since the recovery officially began in mid-2009 has been low and flat. U.S. consumer debt is now above levels hit during the 2008 financial crisis. So despite the longest U.S. economic expansion in history, the debt more than doubled, nominal wage growth during record low unemployment is low and flat, the interest rate didn't recover, and consumer debt is at record high level. Understand this, when Social Security just starts to take in less than what is received, which is soon, the debt will explode at an even faster rate!! The debt is getting so big; soon, interest payments won't even be TOTALLY paid. Please protect your family by buying some physical gold and silver, even just 10% of your net worth. Bypass the future food lines and shortages, as people in "rich" countries before have done in times of national upheaval. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉The Fed's Final Solution Buying Corporate Junk Bonds !!

noreply@blogger.com (Politico Cafe) — Tue, 16 Jun 2020 14:14:00 -0700

👉The Fed's Final Solution Buying Corporate Junk Bonds !!

The Federal Reserve announced it would begin purchasing individual corporate bonds as part of its emergency lending program to inject liquidity into the virus-stricken economy. And the stock market shot up on these news. Free market? What free market! The Fed basically promised to backstop every shitty credit company in America and zombify the US economy. The market is like a drug addict waiting for its next fix of stimulus, tax cut, or rate cut: private profits, and social losses. The FED has announced they will buy any stock that is down until it is well, not down. Thank you for your understanding. The FED believes All Accounts Matter (AAM) and nobody will be allowed to lose on the long side regardless of intellect or lack of effort. So a zombie corporation with flat or declining revenues can now sell its worthless bonds to the Fed, take the freshly created funny money and use it to back shares of its own stock, thus driving up the price. Of course, we all know the Fed isn't involved in goosing to the stock market. The government is buying corporate bonds with our tax money. Let that sink in a minute. The Fed, which according to Goldman Sachs and Citigroup leaks, has said it will do anything to keep the financial markets whole (even as real people suffer) is doing just that. They're buying bad debt from banks and Wall Street. Is anyone buying your debt as you figure out what to do during the pandemic. This is an oligarchy in plain view. Vote out their minions. The FED is bailing out CEOs and insiders. Fifty billion in direct corporate bond purchasing along with purchasing corporate bond ETF's. The Fed reserve is the only buyer of treasury bonds for the first time in history. And now we have unlimited Q.E. This is what happened in Japan in 1989. The Nikkei stock market has had a slow bleed for 30 years, and cut in half from hit's high in October 1989 It actually never recovered from its high in 1989. EVER!!! We're destined to repeat that mistake (no, humans do NOT learn from history). Many will lose their money and never get it back. I'm on the sidelines. I don't care if it takes a couple of years to crash, but make no mistake; we're clearly headed there. Of course, the Fed is the only one buying bonds. Who else would lay down billions in this environment, with all this risk, for 2-3%? Let me see if I have this right: 1. Instead of a direct taxpayer handout, the fed will buy any corporate junk bonds to keep them afloat just so long as it helps prop the stock market up. 2. The fed doesn’t set a “target” for the stock market but won’t let it find true value and also won’t let it rise too uncontrollably. 3. We’re supposed to believe this is still a free market. It is not surprising that markets will go up every day while the Fed buys up every debt. Accountability for companies is no more. I always wondered how the markets are up this much when last year we didn't have 40 million out of work and the Feds borrowing and printing daily! Yet markets go up every day with promises, lies, and no fundamentals. What happens when it starts heading down? It would be like an abandoned ship just sailing alone. It is going to be fun watching them jump ship when the bow turns downward. The Fed Shouldn't buy corporate bands at all. The Fed doesn't have any money; they are using money from the treasury. They're essentially stealing money from our children to prop up their broken system in the present and ensure those already wealthy remain so. This is going to end bad. Real bad! The system is allowing a company that filed for Chap 11 to issue new shares. That's how corrupt things are right now. Where is the oversight? This isn't part of the Fed's mandate! We're robbing the future generations to backstop the elite. It's criminal. What Fed is doing pumping stock market will result in Costco Toilet Paper more expensive than the US Dollar paper. The Fed is now like the crack the market can’t live without. Looks like the market won’t test the lows and continue to fly higher. It’s very plain and simple, no stimulus big drops while the main street begs for money, Wall Street is burping from taxpayers' money. It is ok for social security to collapse cheating Americans out of money they have paid in their whole life. But we have an endless supply of taxpayers money to buy corporate bonds. Just wait till they convert debt to equity. And the Government owns airlines, oil, manufacturing, retail dept stores, Atlas Shrugged. At the end of the day, the FED owns everything, and we have nothing left but the stock market. The FREE non-government controlled Stock Market. Or is this the Zimbabwe Stockmarket! Pump it up, Powell. The 1%'ers must remain happy. This is state-sponsored communism of capitalism. There are no free markets anymore, meaning it is not market but a forced bubble upwards by the Fed via Blackrock. It will end so badly for the US. The Costco Toilet Paper will be more expensive than the US Dollar paper. And there you go. This morning before anything opened, the DOW was down over 600 to 700 points due to... whatever you want to put in there. The FED steps up, pushes a button, imaginary money is 'printed,' and the markets are saved; again. SCAM. I wouldn't put a penny in there. Be careful, folks. This fake stock market is being held afloat by the fed pumping trillions of dollars and keeping interest rates at almost zero. This market is going to crash, and millions will lose their shirts. Only the insiders (aka congress) and big boyz will be safe. When the market crashes, you want a good back up plan—food and water for a start. The FED (our) money is the money used to make more money for the wealthy 1%..it is used to save the market from crushing and to win the elections. In the end, we will have bankrupt companies with record market values, low-value US Dollar, and the wealthy 1% even wealthier. The Fed is ruling peoples lives with their important interest rate decisions and money printing, yet still, people know so little about who they are, how they became so powerful, which banks own them, who are the majority owners of those banks, why the congress authorized them to print money in the past, which US presidents objected them, why no US institution could audit them except the congress but never done it! And the media don't help the people with these questions! Some claim it’s because the Fed owners own most of the media! There used to be 500 independent news companies in the 70s in the US, now there are only five big, which own everything. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The FED knew the market was about to absolutely meltdown again this week, so MORE PRINTING! One trick pony. A great economy would rebound strongly. It would just resume where it left off; it wouldn't need trillions of dollars to prop it up. It would be nice if the Fed could stay out of the market for more than one day. The Fed's bond-buying program looks good on the surface. However, this is why QE can create zombie companies. How do we know if those companies are the virus-stricken companies or the mismanagement-stricken companies way before the outbreak of the virus? I think the Fed should screen out irresponsible mismanaged companies. Let them go bankrupt. The Fed had better inject cash into other urgent places. If the Fed pours money into such zombie companies, we had better make all US companies state-run. As the Fed prints more money, it goes into assets such as stocks, bonds, and real estate. Those with capital get richer. Working-class people who depend on their labor and not on capital get poorer. Donald’s elite economy is not the economy of the middle-class American worker. This rewards speculators and destroys savers. We are all being forced to be rampant speculators, rather than prudent savers. Can this really end well? Like a hot potato that gets hotter with time, someone is going to get stuck holding it, and it is not going to be a pleasant ending for anyone, nor end well for the last in line. So retail sales were down a record of 17% in April, but the phony market was rallying huge because the crooked FED was buying ETFs tied to the S&P, Dow, and Nasdaq. What a CON GAME this is. So much for a free market economy. At least they're telling us they're doing it. I wonder how it is fair for a company that worked to preserve its capital, but now it doesn't get government help and the companies that were run poorly do? Yeah, it makes great sense. Just pay unemployment and let the chips fall how they do. That's the free market for you. Can't begin to imagine how much insiders are going to capitalize on this when they are tipped off on which stocks the fed is about to purchase. Anyone with half a brain knows it's already happening with the ETFs. I never want to hear again that we are a free-market economy, and the U.S. is not a socialist society. The market is moved by the Fed, not by the performance of the companies, and insider from the Fed makes all the money, this is totally illegal. I wonder how it's fair that the taxpayer has no say in which companies are helped and how much they are helped. It's the taxpayer's money! If ANYONE doubted for one minute that the central banks (which include the Fed) aren't in this together, this should help clarify the situation. The 1% all over the world are having an incredible weenie roast, and the rest of us are the weenies. I wonder if the Fed has taken into account the possibility of massive losses due to bankruptcy. The Fed can pump a year's worth of money into the system. Debt will NEVER replace sales. US companies will just go deeper and deeper into debt, as long as the Fed keeps the money flowing. Can't imagine how this is going to weigh on earnings for the next five years, if not longer. Surprised we didn't go to negative rates, like the Japanese. That didn't work either. The market will figure itself out on its own given the chance. Once intervention occurs, it gets worse and worse because there's no more mother of invention to bring on to create new jobs to replace the old ones the government is trying to protect. Federal "Reserve" bank creates reserves in the banking system - basically the authorization to lend money. This is essentially an increase in the money supply, and there is no theoretical limit to the amount they can create, but it is inflationary - more money into the same GDP implies it costs more for the same stuff. This flows through as either a systemically higher P/E ratio, if growth offsets the capital creation, or it's inflationary. Arguably, buying bonds removes them from the money supply pool, so it should be neutral, simply a shifting of capital infection from banks to brokers (not that they are terribly isolated/separate). Either way, it probably means a challenging market path to traverse. Hard to imagine this could be precisely managed. So much for the free market. I Can understand government intervention to stabilize markets suffering from some type of temporary anomaly. But I haven't heard of any currently associated with bond ETFs. There is no reason for the Fed to buy corporate bonds. This is just about keeping the market up. Let the market fall to where it should be, which is closer to the March lows than current levels. Will markets ever be able to wean off of government intervention? I am sick of hearing, "keeping the market up." I think They are doing A LOT MORE than just keeping it up; It's at All-time Highs area. This is Ridiculous! I keep hearing Powell say Feds are doing what they are doing to support markets so they can function. Why no reporter questions him on this and asks how they used to function BEFORE? There are instances in the past when markets corrected 20% or so. If it was a regular business cycle, then why is it different now? Is it that now the top 0.1% are holding the stocks and back then it was the middle class holding stocks. It is surely not because they want to protect jobs as nothing they have done so far has stopped job losses. Unfortunately, the Fed caves into the barking of the White House. Trump wants a rocket ship, and he will get what he wants. Then it will bomb. The Fed is doing more meddling in elections than the Russians could ever dream of. Seems to me that government intervention is like mixing two substances in a centrifuge. Once the government is in the mix, it will be tough to separate it from these ETFs Remember friends; corporations are people too! Taxpayers owe a big debt of gratitude to AT&T for the GOLDEN PARACHUTE for their retiring CEO. He certainly deserves a life pension of $247k/month. Something people fail to understand is that corporate bankruptcy rarely leads to lost jobs. We are literally using taxpayer $ to prop up high-risk investments and provide golden parachutes for the CEOs. The side effect is that we have a bunch of day traders handing out advice like they are Warren Buffet while the man himself sits on a stockpile of cash. How long until the US is in Japan's situation where Bank of Japan owns 85% or more of ETFs on their exchange? Look at the Nikkei chart in 1989; it was at 39K, it crashed 75% and then never recovered even now at 22K, because the Bank of Japan was doing what Fed is doing now; pumping the stock market. Japan went into zombie depression. The same will happen in the US. Americans will hate the Fed and the Government. The Fed will be abolished. People will be so poor. More bailing out the rich at the expense of the middle and lower classes. Everything our corrupt government does now is a bail-out to the rich. This is called maintaining the status quo. The government's job is to maintain the wealth of existing wealthy people at the cost of the middle class. Vote ALL the bums out. Democrats and Republicans alike. Find a 3rd party candidate and SEND A MESSAGE. The Government helping private companies; isn't that called SOCIALISM? This is Socialism at its finest! The Fed is state-sponsored communism of capitalism. The US economy is now a centrally managed bureaucracy. The FOMC is unconstitutional and needs to be abolished. The real United States exists in the majority of the lower and middle class. And right now, the majority are hurting. Great swathes of Americans are struggling, with any dream of prosperity a far off fantasy. And in the meantime, the people who need the LEAST amount of help; the powerful elite who will never worry about having a roof over their head, or where their next meal will come from, are being further enriched on the backs of every American who does have to worry. The word I have in mind is evil. This is pure, unadulterated evil playing out in front of us. I don't CARE where the money is coming from. Trillions upon trillions of support are being fired at the stock market to prop it up to give the illusion of a strong economy. Imagine if a PORTION of that were funneled into healthcare, education, poverty. This is evil. And those lucky enough to participate in this Fed-fueled rally are too blinded by greed to see or care. It's time to wake up and ask when did this country morph into something so grotesque? When did the free market die, and why did we let it happen? Why are we celebrating an elite few siphoning up all the wealth? In the coming years, the rally cry won't be against systemic racism. It will be against the concentration of money and power into the hands of the few. That is where the real battle lies. Now, if only the stock market was related to the average citizen. Unfortunately, this strong market is an indication of a lower standard of living for most citizens. Inflation is apparent to anyone who does their own shopping. A dollar doesn’t go as far, and most of us still aren’t getting raises equal to inflation. Eventually, they have to stop printing money, and putting it on the taxpayers, coupled with inflation or Wallstreet, will be a boom while the rest of us can’t pay the bills. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The Coming Pension Crisis will make the Pandemic look like a Party !!

noreply@blogger.com (Politico Cafe) — Mon, 15 Jun 2020 12:03:00 -0700

The Coming Pension Crisis will make the Pandemic look like a Party !!

The US pension plans warned they would run out of money by 2028. At the moment, a number of US public pension plans have barely recovered - if at all from the 2008 financial crisis - now to be hit with the continuing economic fallout from the corona-crisis and domino effect of historic unemployment. An alarming report in the Financial Times warns that seven major public pension plans are due to depleting their assets by 2028. The retirement crisis will make the pandemic look like a party. So many, for whatever reason, have no savings at all. They will vote to be helped. The Medicare trust fund will run dry as early as 2023. Payroll taxes and premiums will go up, while benefits will go down, or some combination of that. Social Security will use up the trust fund by 2034. The national debt is projected to be 50 trillion by 2030. We'll have to print more money, meaning inflation. No politician has even pretended to address these hot potatoes. I'm not saying it will all play out this way, but it is undeniable we will have many, many, many millions of seniors that will not be able to provide for themselves. Almost a third of Americans say they may never retire because of coronavirus hardships. This country is in for a bigger crisis, with so many Americans having zero savings and getting older. The Social Security issue MUST be dealt with NOW too. It's due to run dry soon. The Covid-19 pandemic has crippled economies all around the world. From healthcare disasters to black swan financial events, it has been quite some time since the future has seemed so bleak. The politicization of the virus is the problem. And all meant to destroy the economy. According to a story originally published by CNBC, this widespread financial strife has caused more than one in four Americans to raid their retirement savings. "40% of Americans Have Less than $1k" and "75% of Boomers Have Less than $10K for Retirement" and "Boomers STILL Carry More Debt than Investment and Savings. Only about 10% of the working population has ANY savings to speak of. This is the only generation less prepared for retirement than they were even two years ago. A 2018 study by Northwestern Mutual reported about 1/3 of people nearing retirement had less than $5,000 saved for retirement. As a society, we are not generally well prepared for old age or retirement. Yes, some people grew up with smart money parents, others did not, so we had to learn on our own. Teaching money management and financial investing, a good budget, etc. is absolutely necessary. These are survival skills that an educated society should provide their citizens....don't leave it up to chance or we will pay the consequence. ALL Americans will retire. It just depends if it fits on your terms or not. At a certain point, after being let go and unable to find another job, you are retired. If you're self-employed, you can work as you want. Some folks go till they drop. If the pandemic accelerates, "retirement " will come with an oblong box or cremation. You may plan to never retire, but believe me, you will for one reason or another. Start saving money, cut the cable bill, the telephone bill, the vacations. Don't buy an expensive car. Believe me, you will retire someday due to health issues or just because your employer wants a worker who is younger, healthier, and will accept less money than you. A lot of people will likely be forced to retire. A lot of jobs will not come back, and when they do, you can bet older workers will be the last hired. Corporate America has no need for you past age 60. Many of the 55 - 60 years old are being forced into retirement early because of the virus. They have been laid off with no chance of being rehired. They don't show up on the unemployment numbers, but they are here. The unemployment figures are false and much worse than indicated. By 50 years old, you should be prepared for retirement. I can't believe how many people think they can start saving for retirement "later." "Later" is promised to no one, stupid not to start immediately. Besides, wealth is a function of time and money, more time, less money, less time, much more money (contributions). Time marches relentlessly on, it can either be your friend or your worst enemy. I know many folks 50 and up that were laid off during the great recession, never to have found a decent paying job again, and the same is going to happen again now. Then you've got a significant chance of becoming disabled due to illness or injury. Maybe your body just gives out you can no longer do your physical job any longer. If you've waited, it's too late now. If you want to talk presumptuous, it's assuming you can save "later." THE PROBLEM IS NOT THE VIRUS BUT MONEY MANAGEMENT. IF ONE IS NOT TAUGHT AS A CHILD TO RESPECT MONEY, THEY WILL BE AND STAY POOR. If one event can ruin your retirement, then you didn't plan very well to begin with. The simple truth is 45 years is either a lot of years of good decision making or a lot of years of poor decision making. There's going to be a huge spread between the 65+ haves and have nots. It seems each new generation becomes lazier than the previous one. They want more entitlements, but they're less productive. The newest working people, those just graduating from college, got a good lesson of what living paycheck-to-paycheck will do. Hopefully, they will understand not having a subscription or two, having the newest smartphone to order your coffee and leasing the BMW isn't so important if you have zero savings of some kind. If you are working and unable to save at the very least 10% of your pay, then you are spending too much. Or you're not making enough. Saving is not a hard concept. Savings takes self-discipline. The key was (still is) don't spend a lot of money on depreciating assets like cars and clothes. You gotta live within your means and save for the rough times. People were crying the second week out of work with no paycheck. These people are obviously doing something wrong! If 2-3 months laid off, and possibly making more in unemployment/stimulus money has ruined your retirement, you were already a financial wreck before coronavirus. Simple rules: 1) Live below your means - not just within your means. 2) Purchase items used if possible, such as a car. I only purchase used cars and keep them for 5-7 years. I do purchase new cell phones, but I keep those around three years on average. 3) Have at least three months of emergency funds. More is better, but three should be the minimum. 4) Invest early and often. 5) As you get older - and closer to retirement - slowly switch a percentage (40-60% depending upon your specific circumstances) to more secure investments. 6) Take on as little debt as possible. I do not know what my credit card rates are as I always treat them like cash and pay them in full each month. I only take on debt if it makes sense financially. Regardless of your income, it is possible to prepare for emergencies and invest in retirement. It simply requires discipline to do so. Should have had some emergency savings in place to sustain you for a few months WHEN the economy goes south. If you're holding a nice smartphone, drive a nice car, and live in a house you couldn't afford, then you only have yourself to blame for having to work until you drop dead. Live within your means, plan for the future, and don't count on somebody else to come along and support you, because they (probably) won't. If you are having trouble making ends meet, here are a few tips. -Cancel unnecessary subscriptions, cable TV, Netflix, prime, etc... -Shop around to save on monthly services like insurance, phone, internet, etc... -Buy second-hand items whenever possible: cars, furniture, clothing, cell phones, etc... -Buy the lowest-cost, smallest house that meets your needs (not your wants). -Cut out unnecessary spending on restaurants, coffee shops, etc. Make your own meals, do the brown-bag lunch thing -Don't spend a lot on gifts. Make your gifts. It's lower-cost and more meaningful. -Don't do stupid stuff. -Shop around for a better paying job. Compare total compensation, including wage/salary, 401k contribution, HSA, health insurance. don't include BS benefits like pet insurance, free massages, or other things you don't need. -Don't buy pet insurance or spend a lot at the vet. What this virus has exposed is the lack of an emergency savings account and basic financial planning. And stagnant wage growth for the last decade has not played a role! When a person has no cushion, Covid-19 doesn't make much of a difference. Boomers do have one advantage, though. Our parents grew up during the Great Depression, so the idea of savings was drummed into us during our childhood. It doesn't mean every boomer learned, but many did. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The pandemic did not create the "retirement crisis," it has been there all along. And the Federal Reserve Bank is not helping millions of retirees being made complete fools of with money in banks and credit unions at around .01 percent interest. They are being robbed by the Fed to pump up Wall Street speculation into the latest balloon. This is not going to end well. If the "Fed" stumbles and falls, which I think that it will, the wealthy will just run away from the Hindenburg Finance Disaster and just create another scheme, probably "digital" this time. Hardly anyone "saves" what the privately-owned Federal Reserve Bank can just create more on in minutes on computers or taking a while longer, printing up debt "notes." Most of us, myself included, will get badly hurt if this grand scheme of paper and computer digits crashes someday. The money given away by the government this year will reduce the value of your retirement savings by 20%; REAL inflation is that huge. The weak financial condition of seven US public pension plans threatens to deplete their assets by 2028, leading to severe risks for the living standards of thousands of American employees and retired workers. Many US public pension plans had not fully recovered from the 2007/08 financial crisis. As many companies work to regain their financial footing in the midst of continuing economic uncertainty caused by the coronavirus pandemic, a retiring worker’s decision to take either a lump sum or lifetime payments from their pension could boil down to one factor. Whether they think the employer will be able to meet its long-term commitments. There are over 5 trillion dollars in 401k's, and you can bet the government is absolutely salivating over the possibility of taxing it or even confiscating it "for the greater good. Using 401k law to fund retirement has always been perilous. While the current stock market drop is understandable, many market swings seem baseless, and the result of both can and do ruin retirement plans with no fault of the retiree. There should be a law that companies must contribute to a funded retirement plan run by the Federal Government. In most developed countries, something along this line is done, and since all those countries and companies within those countries figure out a way to be competitive, we should be able to figure it out also. Last, the law must include a provision that the Government cannot use the funds for any reason other than to disperse retirement money. People have spent 40-50 years applying themselves. At what point do they deserve to start living? They gave their best years to this country, and in return, it spat in their lap. The elderly should be taken better care of in this country. They spent their entire lives working for corporate America. It's time for Corporate America to pay them the thanks that they deserved. That pitiful living wage during their best years is not enough. A lot of working people don't realize how much of a burden debt is as it's become a way of life. Maybe this pandemic will make us realize that just because we want something, it doesn't mean we have to get it. Freedom from financial stress is what we should aim for. Let's be clear. Not only were Americans not financially prepared for a pandemic, but Corporate America wasn't either. How many businesses, both big and small, are shuttering their doors. Businesses couldn't afford to keep paying employees, rents, etc. any more than the average American could keep paying for their basic expenses either. I hope the finger-pointing and BAD CREDIT judgments get reined in. Being a consumer-oriented society, we have been pushed to the limits to spend. A capitalist nation depends on the consumer to spend and spend more. However, recently, due to the ongoing lack of confidence in our economy, many people have turned to save instead of buying for buying's sake. This has sounded alarms in corporate boardrooms. Their goal is to get spending back on track. Larry Kudlow mentioned that the retail sales numbers would be great for May. But, he failed to include that much of that spending was done with stimulus checks. He also didn't state that credit card spending was also up. People are resorting to Credit Cards instead of cash savings. What happened when the stimulus ends and credit cards get maxed out? The pandemic brought an important lesson home to everyone. It has taught us that anything can and will happen and not always good. You plan a budget, then try to stick to it, set aside some money for emergencies, and prepare for the future. Generation X's have a long time to retirement, so they have time to recover from the downturn in the employment market. It will be slow at first. I think we'll be told one day to thank God our president is saving the economy by issuing new, strong money. We'll be told our non-patriotic old money will not be good after a certain date or after a bank holiday. At that point, if it happens, spend ALL your old money on food. After that, I can't tell you. Good luck! Save money. Money talks during a disaster, including finances. Most people put way too much faith in the stock market. Quick gains also open you to quick losses. Buy gold, Silver. Stay away from this market for now. Just wait for the burning smell of speculators to get a sniff of what is heading our way. Markets are way overvalued and will see a massive fall. There is no justification for stock prices when the entire nation is still suffering from this Virus. It is not going away because Trump says so. We haven't seen anything yet until the fall, which is only 16 weeks away. This virus will haunt us again worse in the fall. The FED response has been almost criminal yet continues to persist. I think we may finally be at the breaking point of this fiscal policy since too many people are using it to speculate on values going up no matter what based on FED support, which has created an enormous bubble that can only be addressed by either reducing support, or a massive collapse. A 2nd wave is guaranteed here in the states. The second wave of virus + Riots = stock market's doom. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!

noreply@blogger.com (Politico Cafe) — Sun, 14 Jun 2020 13:15:00 -0700

👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!

There are no investors in the stock market; there are only gamblers. The only reason you buy a stock is because you think the price will go up, and the only reason somebody is willing to sell you that stock is because they believe the price will go down. One of you will be wrong, but by the time you figure out who is right and who is wrong, one of you will have cash in your checking account, and the other will have a piece of paper called a stock certificate. Apparently, every generation has to learn the hard way about stock market bubbles, and now it's Generation Z's turn while they're stuck in lockdown with their Robinhood app. But, this stock bubble is exceptionally obscene when the real unemployment rate is over 20%. Always arriving but somehow, never getting there. It is a sucker's market, folks. It is rife with amateurs buying bankrupt companies, companies heavily in debt - all in the middle of a Recession (more like a depression), under the belief, that you buy low and ride the crest to the top with this supposed, "V" recovery coming! Meanwhile, the seasoned investor is out there, knowing fully, that all hell is going to break loose and it is going to be an "S" recovery, with a highly "juiced" (by the Fed) S&P to give the appearance, that a recovery is in full swing. Run the other way, or you WILL LOSE your shirt! The Federal Reserve is what really propping up the markets. They went on a buying spree to purchase billions in corporate bonds to save corporate America, mostly through ETF's. In fact, Blackrock, Inc. recently came under scrutiny for its cozy relationship with the Federal Reserve, who has bought more stocks through them than any other asset management firm of its type. Now they started buying corporate bonds through ETFs.This will most likely turn like Japan, where the Fed is buying stocks. Stimulus money always ends up in the market. Corporations are buying their own stocks with the free money. The FED just injected 5 trillion and bought every failing asset in the US. The Fed can basically do whatever it wants with no consequence to the Fed. The consequences will fall on the rest of us. What else is new? Nepotism. The US taxpayers will be responsible for paying the trillions in additional debt. Why has the stock market soared? Because originally, the Fed has supplied cash to bolster the economy. However, stray cash is going into the stock market. Also, human beings' greed has been overriding all kinds of concerns about the dismal economy. Greed has created rampant speculation. Therefore, all gloomy economic indicators are meaningless to people. Actually, they have intentionally turned away from the gloomy data, seeing what they want to see. This is why the stock market has been skyrocketing, even without the recovery in the economy. The oversupplied cash and greed have separated the stock market from the economy. The Fed's prime directive is to maintain inflated high stock market prices to continue the Trickle Down Economics, while publicly denouncing the trickle-down concept. I look at buys on these companies. No way individual investors can buy 100000 shares of these stocks. The money involved has to be from institutions. How anyone can't see that is beyond me. Fed working low volume at night bidding against themselves. Your tax dollars at work. People have figured out the pattern buy at closing sell in the morning. Just to be clear, we are still in a bear market. We just had the bear market rally. Implied P/E on DOW is almost 25. We have a long way down to go. Everyone knows the market can't go up another 10% this summer, the Fed stimulus is factored in, and so this will all die off, and we'll start seeing the more typical market actions with the occasional pop and drop on some news. The stock market is amoral and has no care for anything except profit. I just cannot see how this is sustainable when it’s fuelled by a Ponzi scheme. If the market keeps going up, then I would bail out in October before the election. It just feels like something is going to pop a relief valve this year. It looks like it is finally time to short the market. Robinhood is probably none other than The Fed and their magic money printing machine. A clear sign we are on the verge of The Great Reset. Bizarro Robinhood App is rigged to steal from the poor and give to the rich through stealing their trade data and selling to Wall Street to further manipulate on their Not Level Playing Field. These commission-free trade apps are designed to steal from the poor and give to the rich by selling their data to Wall Street. How do we know the Fed hasn't figured out a way to open a million individual trading accounts with Robinhood? Buying stocks directly now, are we?... The Robinhood meme is being used to generate FOMO. Don't be fooled by the propaganda. It's a honey trap. When the elite let you into their rigged game, it´s because they need suckers before the plug off. All these retail gamblers will end up squeezed. This is what happens 90% of the time to gamblers: tiny win, win, win, big win, huge loss. GAME OVER. Thanks for playing. The Fed is propping 401K and retail. This time the suckers are winning. As of June 10, the S&P 500 was up nearly 1,000 points since its low in late March. There's a lot of economic uncertainty abounding these days. The US market had soared about 30 percent since the trough, driven in part by record amounts of the central bank and government stimulus, leading to worries the rally had become too detached from economic reality. In the face of a breathtaking disconnect between Main Street and Wall Street, largely based on overconfidence in free money, my sense is that there remains a crisis ahead that will emerge ‘gradually and then suddenly. Things go up until they don’t. I’m more bearish than ever right now. So if the momentum changes, there will be nothing to support these overpriced stocks. In other words, get out before the rest. Never try to call the top or the bottom. We are much closer to a top than a bottom, so the greatest risk is to the downside. They NEED MORE TAXPAYERS MONEY TO BURN IN SPECULATION AND SHORT SALES. THE HELP GIVEN RECENTLY ALREADY went up in SMOKE! We are in a recession already. Forty-two million filing for unemployment- bailouts for everyone. Five trillion deficit and plenty of failing businesses. The V-shaped recovery is no longer likely. I think reality will sink in around the end of the 3rd quarter when the extra unemployment benefits run dry, and unemployment is still high. I think real estate is in for a big shock between now and year-end. Logic has left the market when people think Hertz is still a buy. Fabulous and permanent losses coming for inflated B.S.market. It is going to be catastrophic for we the people, as every 401K in the country is tied to these stocks. Not to mention the Pension Funds in general. EVERYTHING in this market is RIGGED FOR THE RICH!!!!! WAKE UP AND LOOK!!! THIS IS NOT A FAIR MARKET IT IS RIGGED FOR THE RICH!!!! AND STUPID PEOPLE SUPPORT IT! If you hold any of the stocks, you better sell them fast. I would stay clear of this market. They will steal your money. It is all digital. They see you, worse than a casino. You are not in the Illuminati insider trader mafia; they will steal your money. Charts change direction as soon as a pigeon (non-mafia person) “invests” with the market scam. IOW, all of the 'algos, quants, BTD, data analysis, charts and graphs, ad nauseum' were horse manure. Only really long involved and huge money players like Warren Buffet and Carl Icahn and their ilk who occupied the rarefied atmosphere of finance ever made any real money. And that was because of their longevity, their access to insider information, and their reputations as 'financial geniuses' and finance-world A-listers. Kinda like how Tom Cruise and Steven Spielberg are Hollywood A-listers, whose longevity, records of success, reputations, power, etc. give them access to the money and resources for movie-making that some bit-part actor could never achieve. IOW, the whole finance game has for many years (since the cabal gained total control over Wall Street and our government) been a rigged casino game in which only the A-lister power-players win. And the rabble retail investors in fly-over country lose. The 'data analysis, algos' and all that other horse manure were just bright shiny objects to make the rabble think that the game was clean and not rigged and that they had a chance in the investment game. I have one tulip-bulb that I will sell for two riverside town-houses!! Everyone seems to have bought into this "Fed will save everything" and "it will be a repeat of 2008" mindset. The issues I have with that are, in 2008, the Fed stuffed money down the throats of big business and fattened up already fat accounts so that their books looked good. Once the crises were deemed over, those corporations used that money for buybacks and various other schemes to boost the stock and enrich the upper management. Today the environment is much different. Instead of fattening up accounts, the Fed money is being used to keep corporations solvent, and much of it is being rapidly spent. Corporations are taking in massive amounts of debt to add to the already massive amounts they racked up with their self-enrichment schemes. All this debt will weigh heavily on earnings well into the future. Bottom line is, if "Investors" are "betting the house" on a Fed fueled explosion after this is over, they may be disappointed, as the money to do that has already been spent... People say that the market is a forward-looking indicator and always rallies six months before an actual turn in the economy. The truth is that it is almost perpetually in rally mode, and like a broken clock ( hit and hope), it eventually gets it right. We may still find ourselves testing the bottom. The main driver of stock prices is supposed to be earnings and revenue. This year's earnings for most companies will have a significant decline. Many company's earnings in 2021 will be lower than their earnings were in 2019. In the near future, the big players will reverse and start shorting the market and push stock prices down. Spikes in every state reopened, and we have yet to see the effect of the mass protests. Earnings are the core driver of stocks over the long run, so this short-run speculative bubble that has been created will soon pop. Hopefully, you did what a lot of people did on Friday and take some profits and put some cash on the sidelines. I wouldn't want to be a margin trader in this market, and no, just because you defy all logic and your stock still goes up, that doesn't mean you're good at picking stocks. That just means other gamblers are playing the same losing bet. No bear market. No bull market. This is a kangaroo market. Pullbacks and rotation by those faceless criminals! Where is SEC now? The only way to stop robbing pullbacks is to investigate and arrest those criminals (the worst kind - those big trade firms) behind selloffs and meetups. So-called market is the kind of Ponzi scheme, as old and dirty as, if not more than prostitution. Our whole market is smoke and mirrors. Stocks of bankrupt companies going bananas despite companies being broke. USA service economy, will not give real jobs to real people. Businesses aren't paying their rents; landlords aren't paying their mortgages. Fed is propping up the banking system while forcing everyone to pay their debt. Forbearances are coming to an end soon. Let the banks fall and restructure them later. We need a debt jubilee. We are running out of options. Rebuild the middle class and give them some wealth by letting them stay in their homes. This is the reckoning of over 30 years of stagnant wage growth, stagnant purchasing power, the destruction and outsourcing of good-paying jobs, industrial de-investment in the U.S., debt pyramiding, market manipulation, central bank planning, speculative stock investing, the ability to borrow money on the cheap, massive wealth consolidation in the form of inflated stock and asset prices..... All leaving our economy in a fragile state and the average worker most vulnerable to the pain of a collapsing economy. The world's wealthiest and most powerful country (we keep telling ourselves that) couldn't figure out a way to keep 40 million people employed. What an embarrassment. Aside from that, If you want to ride the madness and make a buck out of it. Facebooks Libra coin just got released 1 hour ago! You should get some fast because they have a sale at the moment, but it could be over soon because everyone is buying in. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Where would the market be if companies' policies not dictated by stock price, no stock buybacks could be done, and QE was not 6-10 trillion dollars, and some type of common accounting practices were actually used. I want to say the market would be around SPY: 40-60. I think its like 300 now. Got as high as 330. Just kept going up and up and up. No chance to ever get in. Because when it does go down two seconds later, they come with the firehoses and dump a shitload more money on it. You have like 2 minutes to make a buy before its right back to where it was. No thanks! Rigged Casino, with algos, front running bid and ask. How can it even be called a market? It doesn't even resemble one. It is just some tainted fake ATM that just spews out fake cash nonstop. The heart of the problem lies back in the '70s when the Fed, along with Republican and Democratic senators pushed bank "reform," which just repealed major acts that regulated the banking industry, monopoly laws, etc. Along with this came the removal of the gold standard in 71, which then started the printing frenzy, and the stock market exploded (alongside gold, unlike now). The QE/Stock buybacks/TARP is just what happens when the tide rises, and the rats start to flee the ship. It is essentially the beginning of the end of the US dollar as a global hegemonic currency. If you got rid of the buybacks, QE, etc. you would just prolong the inevitable by a few decades, but the rot is still there. The FED still has complete control, still unelected, still deciding how much money to pillage from future generations to keep the system solvent. The algos and High-Frequency Trading are just one way the large institutions can further steal down the chain. The Fed steals and sends the money to the banks. The corporations steal by getting credit with little interest, pumping corporate paychecks, and paying 0 taxes. The algos steal even more blatantly by getting essentially premier access to the stock market. If you think Forbes 100 is correct, think again. I'm 100% certain there are individuals walking in the US today whose net worth eclipse Bezos and Gates, yet no one knows about them. Think about being in control of where $5 TRILLION goes to. How easy it would be to send just 1% of that money through various entities to a private bank account in the Bahamas. COVID 19 is about engineered economic collapse meant to accelerate bringing in the new monetary system. The new system is not currency; it is a credit system that will give the elite even greater control. The goal is control, whereby humanity is transitioned from freedom to slavery. If you know anything about the present financial system, you know that is already the case; however, the new system will be many many times worse. By cooperating with the COVID narrative, we are accepting a slave system that the vast majority cannot even comprehend at this point. The next President will be blamed for our out of control debt, the high unemployment, etc. If I were Biden, I think I would say no thanks for the opportunity, but I'll pass! Let Trump deal with the mess that he has created! Many have fought the Fed; few are still alive to talk about it. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Bankrupt Hertz Stocks up 50% -- Day Trading Madness !!

noreply@blogger.com (Politico Cafe) — Fri, 12 Jun 2020 16:33:00 -0700

👉Bankrupt Hertz Stocks up 50% -- Day Trading Madness !!

Hertz stock went up over 50% after the company announced on Thursday its plans to sell up To $1 Billion In new bankrupt stock. After announcing the opportunistic sale of newly bankrupt shares, "investors" are bidding the rental car company's stock up 50% this morning and back above its pre-bankruptcy levels. You CANNOT make this stuff up. Beyond corrupt and out of the box insanity. Peak Stupidity and Insanity. Hertz up 25%+ next week, bet on it. Robinhood Autists will buy it with both fists. This is a bet that stupidity exceeds infinity, and one guaranteed to pay. This will be epic. They will clean out the stockholders, dump 80% of the cars, all the insiders will pay themselves handsomely, then the debt will get a restructure, and fresh stock will be issued again at $20 / share IPO (of course after the insiders give themselves a large chunk of that fresh stock block). And the public will buy it with both fists. If a consumer ran up a debt on a credit card knowing they're about to claim bankruptcy, that's fraud and can be prosecutable. But Corporate Welfare Socialists get away with whatever they want with Wall Street and the Banks. Every big corporation is now literally "Too Big To Fail" and "essential." Total Corptocracy is what the USA has devolved into. Absolutely no moral hazard or accountability for anyone but the sheep. Nothing changes until the guillotines roll. We are in a bubble right now; the only thing that looks good is the stock market. But if you raise interest rates even a little bit, that's going to come crashing down. We are in a big fat ugly bubble. And we better be awfully careful. We have a Fed that's doing political things by keeping the interest rates at this level. The Fed is not doing their job; the Fed is being more political than Secretary Clinton. By the way, those were the words of candidate Trump in 2016, not of today. Stocks are up because our counterfeiting Federal Reserve keeps digitizing dollars and that trillions of newly "coined" currency have to go somewhere. Well, it goes into the stock market - pure and simple. What a grand scheme. Seriously, has no one noticed that Trillions were just stolen from citizens and handed to the bankers? The Fed knows we are screwed. So blow bigger bubbles to try and make this mess go away. Why the hell do you think it's going up?. The FED robs from the poor to give to the rich. They gave the common man $1200 to look the other way. This market such a joke. So many of us have our retirement funds and 401k's invested in this joke of a market. The stock market is no longer about anything. Hertz files bankruptcy, and people are still trading their stock. It was up 888% in 3 days, then down 60% in a day or two, and now it's up to 50+% today. The robin hoods are buying Hertz, hand over fist. I think that they think that Chapter 11 is the one after Chapter 10. The same thing with Chesapeake energy. Another bankrupt company that saw its stock jump from $17 per share to $72 per share in a matter of a few hours only to drop right back down to $17 in a day. With days like yesterday, a week's worth of gains is wiped out in a day. I just don't see how equity buyers see any value with the debt so high. The bondholders are going to take a haircut too. Until the Robinhooders are gobsmacked by reality, this lunacy will continue. What if the FED is doing this with its own Robinhood account? Anything is possible in this crazy world now. I see the fraud is widely prevalent in the system. There were 100s of bankrupt companies kept trading after filing BK11, and eventually, it became 0. There are many companies insiders manipulating stock prices ( maybe shorting their own stock through 3rd party, spread the bankruptcy rumors, cover it at the bottom for pennies) In many cases, there retailers trying to fight out this nonsense ( without any oversight in this wild west ) to pull their tail out of huge losses somehow. Hence they buy up stock to cause the shorties to cover at higher prices. There are literally 100s of companies stock manipulated like this in the past while SEC is sleeping at wheel or watching. Come on now. What fun is left in the world if you can't pretend to be a bigshot day trader investing in bankrupt companies that are issuing stock! Truly the world has gone crazy. The greatest economy in the world, 100% backed by retail bagholders and funny-money wizards. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. This market is not normal. DJI went up 4000 points in a month. That's a lot of profit to take off the table. After yesterday, people are going to take profits on any bounces. Markets are still overpriced. The old pump and dump surely to happen. The rich got all their losses back and knew when to pull the plug. Super fishy market going on. There was no stopping this market a few days ago. A classic market manipulation, how do you think they're stealing your meager capital. The America I knew, has rather changed. Now it seems that the horn of plenty is only open those who own stocks. I once remember the horn of plenty was open to hard-working Americans, who held down jobs for decades. Issuing endless debt, taxing capital, and consuming it, and printing “wealth” out of thin air definitely works. Definitely, it does not matter what they do - because the real economy is not recovering. And they can't continue to print money at this rate without making the dollar worthless. You cannot use sand as a currency when you live on the beach!! The Fed is, was, and will continue to prop up markets. Right now, you've got day traders pumping things up due to low volume, and you've got qualified investors cashing in to close out positions and banking profits. The large scale investors have far more money and shares invested, so the stock drops much faster when the big boys start cashing in. Can the Fed really fight this massive exodus from equities and keep it propped up artificially? Everything is possible, even the impossible. Bankruptcies are the new growth industry, so why not take advantage. This market is not for those who believe in fundamentals. The economy NO longer matters ... NOR does the real economy ... NOR sky-high unemployment. All that matters is that wall street reelects trump. He is "The CHOSEN ONE." You can fool some of the people some of the time, and that's enough to make a decent living. Ever since the Dow was DOWn around 18k, the FED PRINTING PRESS has been in OVERDRIVE. Awarding stock market gains to the wealthy by way of taxpayer debt. Anyone surprised?? How long can this game go on? Stocks should keep moving higher unless the fed's printing press breaks down. It’s all about Program Trading. The stock market is not the leading indicator of the economy anymore (that's now an old economic theory). It has been taken over by the algorithm-driven program trading (Math/AI models), controlled by 20-30 major financial services companies (hedge fund, brokerage, private equity, etc.). These models decide the daily swings of the market. When the models are in tandem, the market generally stays up all day long (as was the case today); when they conflict, some wild swings come into play. Obviously, the central news and events are heavily weighted in those models. Of course, while the other professional day traders play along with the trend, they hardly influence the direction of the market anymore, contrary to the conventional wisdom or belief. There are people who buy just to be buying. No fundamentals left, just roll the dice. That what I see people doing. The market has been overvalued since 2015. I think if people ever start looking at the company's data and start following the market fundamentals and taking a realistic look at the economy, the market will fall over the summer. Never in history has stock prices been this disconnected from the value of the underlying companies. At some point, the reality is going to set in -- and it isn't going to be pretty. Gotta be crazy to put money into the market right now with the first little blip of a second wave of coronavirus cases right around the corner. All physical Retailers and theme parks and restaurants and hotels and airlines and cruise lines and theaters and sports are all toast. Most small businesses that require people are toast. The market price is in the ionosphere, and most companies, 90% or more, will see revenues and earnings decline for many years. Its just reality, and there are few places to hide now. There is not one good reason to buy stocks or bonds. The pace of unemployment historically high, FED and Government debt at all-time highs, household debt at all-time highs, FED forced to bail out banks (again) with unprecedented QE and Repo Loans, civil unrest in the country with protesting, looting, rioting, and killing, after limping through the weakest recovery and expansion in history. The U.S. economy is sinking deeper into the abyss. This is what the FED has created. Donald Trump has not drained the swamp. He has made it deeper. What the Fed has not mentioned is the precarious position banks are in right now. Bankruptcies are coming, and some big banks are going to lose their shirts. Remember Lehman Brothers? Get ready for round 2. I am looking at a run on most of the US banks, especially if this COVID-19 increases starting this summer & Fathers Day & huge riots in the large cities. Already took out everything from the safety deposit box - not covered anyway by FDIC. With the Money Market Reform Act, you won't even be able to withdraw what little money you may have left in your bank, savings, or retirement accounts. It is not a matter of if it is when is the only question. The titanic is getting set the music is playing, but we are hitting a solvency iceberg. Debt unwinding is coming. The America, as we knew it, no longer exists. Get right and sit tight; the worst is yet to come. This is worst than in 2008. We have many more unemployed. Car loans, mortgages credit card debt are all going to be in trouble. That means banks and car dealers and so on and so on. I see a recession for 2 to three years. The market can never survive normality again - it will just be FRAUD until there is NO market! Fraudulent, open blatant corruption, and shameless cheating. The stock manipulators do what they know how to do. They add nothing to the wealth of our nation. Crazy speculation works until it doesn't. Calls Puts Naked shorts are a life of their own. The curtain has been pulled down on the Wizzard in the emerald city. The economy is gutted. We are on the verge of war with China. Our cities are being torn apart. And nothing will stop this meteoric stock market rise until November 3rd, 2020. Then comes the trump dynasty. It kind of am reminds of the Romanoff's, and we all know how that ended. The whole stock market is complete utter trash fabricated to benefit only the wealthy and screw the poor. They get the laser speed trading while poor puny bastards are using 4G internet trying to catch up like Robinhood. Front run every trade! A few cents times, billions of trades per day adds up! Computer programs run the markets. Not you. All they care about are making money and making money. You are who they make money from. They're not going to let you go anywhere. The Markets have morphed into video games. This is a nothing market. The only way to win is not to play. Only a moron would play this casino. If we went back to the gold standard, we wouldn't be trying to spend all our time speculating. We would be inventing stuff. Our economy became financialized by fiat - imagine all the Wall Street jobs that would go if we returned to the gold standard. Robinhood won't order fill unless you are a cent above ask and a cent below bid. Better yet, they then sold their order flow to HFT players, lock their players into dark pools, and then block withdraws. Oh, did I forget their clients are not even buying real stock. Their just buying a digit inside Robinhoods computer. Their trades don't even go out to any exchanges. Oh, this one even funnier they just shut down selling while the market routs and their indexes are like 2% off the real market. The rest of the brokers are probably blue with envy that their frauds are modest in comparison. That's the power of free. Save your commission. Oh, just in case you want to make it even better, you can invest in a company that's bankrupt, like Hertz. What a deal! This is how the scam works. YOU buy say one share of a company - $1300, which is fine. But the order never gets to an exchange, and you never owned the stock. As the price climbs on the aggregate across 1000's of share buyers, millions of dollars flow into Robinhood. Then they simply watch the futures and shut down while the market corrects. Because nobody can sell while the price falls. Robinhood keeps the arbitrage spread of the price fall. That's why they'll always shut off while the price falls. Once the price falls significantly, the trading is reopened, and the client is now staring at their losses. So they sell. Robinhood credits them the difference (loss). Plus, they also squeeze the client a penny spread above ask and below bid, which is more % in their pocket. Aggregated over the 10's of millions of traders, they are making 100's of millions off this. Oh, if that's not insulting enough, the HFT's see your order flow and their algos squeeze a penny here and there out of the whole thing. Surely the SEC will get after them for their accidentally on purpose shutdowns? Just kidding. The fine is never as high as the money they make off the crime. Isn’t that what they say on Wall Street? I have never witnessed such blatant corruption in my life. What a disgraceful situation these bankers have created. Buy land, silver, or gold. I am trying to get out. Stocks are not worth at all. You can lose all of your money, definitely not investment. It is worse than gambling since it is all digital; the Mafia sees your hand and steals your money. Gun and ammunition stocks. That's about it for now. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Monetary Reset & Economic Collapse worse than The Great Depression

noreply@blogger.com (Politico Cafe) — Wed, 10 Jun 2020 14:09:00 -0700

👉Monetary Reset & Economic Collapse worse than The Great Depression

As America continues to implode from within, The era of the dollar’s exorbitant privilege as the world’s primary reserve currency is coming to an end. The U.S. living standards are about to be squeezed as never before. We import everything, and the only things we export are wars, mortgage-backed securities, And The US Dollar. Our nation's wealth is being drained drop by drop because our government continues to mount record deficits. The security of our country depends on the fiscal integrity of our government, and we're throwing it away. The Contraction of GDP is currently, WORSE than that of the Great Depression, which then stood at 33 %. TODAY, contraction of GDP stands at 50 %. We can safely conclude that we have entered into the GREATEST Depression, EVER! Our national debt is going to eventually catch up with us, and it will be painful for all, and this has been a long time coming. Just how much money do you think The Fed can print without other countries balking at buying our over-inflated notes! The world is also tired of the US threatening to ruin their economy by the Dollar if they don't tow the US line. Gold-backed currencies, decentralized cryptocurrencies and trading commodity for commodity is the way around that. Settlement in the US Dollar has dropped in recent years when it hits fifty percent. Its days as the world's trading currency are over. The Federal Reserve Note is a Debt-based Pyramid Scheme. Other nations no longer purchase our bonds (debt). The record of History proves that paper currencies always hit their intrinsic value of ZERO! We are well on our way. The weaponization of the dollar and the US banking system by Trump is why the dollar is weakening. Add to that the fed printing trillions and the government borrowing trillions to prop up the markets. Factor in also, record and historical debt loads. The Fed and the Fed system of banks are now the major and almost sole purchaser of US bonds. The US financial system is taking money out of its left pocket to put it in its right pocket. Are you expecting a "V" or a "W" recovery? Forget about it! It's going to be an "S" and no recovery for the Markets. Get out now - it's a sucker's market. All short term Fed-induced liquidity. Oil stocks will drop back to half of the previous lows. The Fed is pumping money into the stock market to make people think things are great. Wake up! It's all smoke and mirrors. The equity value of stocks is less than meaningless. 2008 should have taught EVERYONE that. Thanks to the financial propaganda-press, the divergent curves of the stock market and the REAL American economy have been studiously ignored by most - at their, and everyone else's, peril. We are in trouble as a nation. Congress has to stop spending us into deficit. This has been going on for almost 40 years, and the government borrowing escalated dangerously after the 2008 recession. Our whole monetary system is dishonest, as it is debt-based. Our debt is 25 TRILLION. There are 8 billion people in the world. That means every man, woman, and child on the planet would need to pay $3,000 in order to pay off America's debt. Think about that. It means we will never be able to dig ourselves out. The dollar is already devaluing. Have you not bought anything lately? Grocery prices are way more than they were. It is only the beginning, as the more the national debt increases, the less the dollar is worth. The so-called "dollar privilege" is largely responsible for the erosion of the middle class in the USA. It did wonders for the 1%, no so much for the 99%. The "Walmart effect." The average Joe standard of living has been stagnant for decades but not the top 1%. As a matter of fact, the top 1% incomes have gone 10000s % for decades. We've got to worry about the world not wanting the dollar anymore, which will mean hyperinflation like Venezuela. We can’t print endless money and not say hey, how about we start paying it back. We are right now 30 percent Stimulus in the GDP. Trumponomics needs to stop. Billionaires are burping with borrowed taxpayers' money. It’s time for hard love when it comes to budgeting. The collapse of our economy is inevitable. How can you live at home with borrowing more than you make? That’s the USA right now. Living on credit is never a good thing. When asked about the burgeoning federal deficit and national debt, Trump replied: “Not my problem!.” For far too long, the US has benefited from the unfair advantage of being the reserve currency of the world, printing dollars with impunity all at the expense of the rest of the world, which has granted such largesse for the sake of economic efficiency. The US leveraged its reserve currency status by demanding that oil can only be traded with the US Dollar hence the petro-dollar monopoly. This has not only allowed the US to spend five times more on its military than Europe and China combined but enabled it to meddle in other countries' affairs through invasion, toppling democratically elected governments, and bombing innocent civilians suspected of terrorism. The Trillions, being pumped into the economy by the Fed, are being subsidized by the rest of the world as their dollar reserves decrease in value due to flood of US Dollar entering the markets. At some point, this house of cards will come crashing down, and it will be caused by US greed and lack of fiscal discipline. The Fed’s decade-old grand experiment of creating trillions of dollars of debt used primarily to enrich the top 5% wage earners, wall st banks and insurance companies, and the well connected like warren buffet has finally reached the point where the end game is in sight which is a collapsing, crushing debt bomb. Now its taking hundreds of billions, even Trillions every day, to keep the bubble market inflated. The saddest part of this is the vast majority of politicians, and business leaders who should understand the implications of this shift and are in positions to address it are all worried about their next election or quarterly report. The dollar is declining now. That's why stock prices are up: when priced in dollars, stock prices have been declining as the dollar's value shrinks. Once the dollar is dethroned, there will be no world reserve currency. Each nation will have to back their own currency in Gold or direct trade commodities. A world reserve currency allows for abuse by the issuing nation. The USA was able to scam the world for 50 years, so its time to get back to real money and see the real price of things again. The selloff of the US dollar has already begun. Big changes are coming. It is going to be beautiful. All government-issued fiat has failed 100% in history. The US Dollar will be no different. Hedge the dollar and buy tangible assets YOU own, and have no debt tied to your name. Gold, Silver, land, bitcoin. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. It is a conglomeration of the Big Private Bankers. Those Banks run the currency show - control it all through the Fed then, to the Government! The biggest con job EVER in history! Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later, he wrote: “I am the most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” On June 4, 1963, JFK ordered the printing of Treasury dollar bills instead of Federal Reserve notes (Executive Order 11110). He also ordered that once these had been printed, the Federal Reserve notes would be withdrawn, and the Treasury bills put into circulation. A few months later (November 22, 1963), he was killed in broad daylight in front of the whole world. One week before Dallas, he made that famous speech where he talked about a highly secretive group of powerful people he was going to expose, and with the help of The American people, he intended to spoil their plans. The FIRST thing LBJ did when he took office was to abolish the Treasury Dollar printing operation. And all of this bearly reported at the time. BTW LBJ created and pushed through the Great Society welfare state, which is directly responsible for where we are today. And one of Johnson’s first acts as President was to repeal order 11110. Forty-four nations agreed in 1944 at Breton Woods to use the US dollar, backed by gold as the reserve currency for international trade. Created at the same time were the IMF (International Monetary Fund) and the World Bank. In 1971, the issue of gold backing for the US dollar was so restrictive to the US government's money printing and deficit spending that US President Richard Nixon "temporarily" suspended the ability to convert the US dollar to gold. That "temporary" suspension has become a "permanent" suspension in practice. The record of history tells us that GOLD and silver have lasted the war. Nations, who left Gold out of their support for their dollar ALL their currencies, ultimately tanked. Greeks, Romans, Germany (Reich mark), Zimbabwe, etc. Currency collapsed. The U.S .will fare no differently. The Dollar died in 1971, decoupling from gold. As we’ve seen, it’s been reserve currency for almost 50 years. Bubbles can last a very long time. The US Dollar will massively spike as one last death cough before its death as the reserve currency. US Dollar decoupling from gold ensured its eventual death, but it was far from dead at that time. The reason why America has gotten so wealthy is because of the combination of the Dollar's status as a reserve currency and the ability for the US to print Dollars without devaluing it due to its status. We got rich off the backs of the countries that used it, but that will come to an end when it dies. When Nixon closed the gold window back, in August of 1971, the dollar has been manipulated and is losing its intrinsic value, as it slides to ZERO. The dollar, in comparison to Gold, is only worth 1.4% in its actual purchasing power. A penny (1 cent) back in 1906, bought you more than a dollar does today. Ever since the creation of the Federal Reserve in 1913, inflation has been consistent. The US dollar is often referred to as the cleanest shirt in a batch of dirty laundry. What props the dollar up is world confidence that the US will pay back it's debts and not just the interest on those debts. With the ongoing US injection of trillions of US dollars into its financial system, thus impacting the world's financial systems, its only a matter of time before a new form of a reserve currency is brought into existence. That could be Special Drawing Rights through the IMF or even some form of blockchain cryptocurrency overseen by the IMF and agreed to by the majority of the world's countries, despite what would likely be a US objection. The US dollars loss of reserve currency status will happen; it's just a matter of when and under what "triggering" circumstance. This will lead to the inevitable collapse of the dollar!! A huge national debt always results in higher prices for everything. Neither party had any type of plan to pay down much less off the debt. History shows that governments have collapsed under the weight of runaway inflation. This is the situation Trump or his successor will inherit. We can't even afford another war to pull us out of this mess. Serious riots will make the current racial riots look like tea parties. People think the recent riots were bad. Wait till the government checks don't clear or they buy 50% of what they used to. The vast majority of US dollars are held by American Private Banks and the Federal Reserve. The Collapse of the dollar without any successful successor will equal a crisis that may be even greater of 1929...maybe even with one. That crisis is already in the works, and there is coming Hyper-inflation ultimately. Can't continue to just print dollars out of thin air with zero to back it. The existing inventory and underground reserves of Gold will be $100k or more an oz. in order to cover all the outstanding currency. Countries like China and India with huge stockpiles will ripe windfall benefits and become the world's richest economies, while the U.S. will suffer hyperinflation. The debt service that will be likely over 800 billion next year is money that is frankly pissed away, bringing no services to the American people for that EXTREMELY large sum of money. If the rest of the world sees us as a bad risk, the price we will pay will be catastrophic. Deficits do matter big time. Who will fund the saving deficit of a nation that has finally lost its exorbitant privilege?" The Fed will just print money to monetize the debt, right? Everyone in America now believes that the Fed will fix all problems by printing money. It has worked since 2008, so why not? Should foreigners no longer want to buy US Treasuries, interest rates would be driven up to entice them to fund our debts. But that will cause the economy to collapse. Lacking in domestic saving, and wanting to invest and grow, the U.S. has taken great advantage of the dollar’s role as the world’s primary reserve currency and drawn heavily on surplus savings from abroad to square the circle. If the return on investment for Treasury securities continues to be so pitiful that no one will buy them, the whole scheme comes tumbling down. The dollar has lost all credibility in the context of a reserve currency evidenced by a whole host of factors. Not the least being that the US tries to bully the rest of the world. The US is totally bankrupt, and the world knows it. Trump has abused it too much. The countries are feeling the angst of placing their confidence in the dollar. If the dollar is a so-called world currency, it has to be in the interest of the world. Lately, it seems that perspective has been lost and it has been weaponized to serve American foreign policy. The world does not need the dollar. Every country would love to get rid of the PetroDollar, which would, in itself, increase the value of their own currencies. What currency is going to fill the void? China has been working toward its yuan, replacing the dollar on the world stage. If the opportunity arises, they will pounce. The IMF already launched their replacement vehicle in July 2018, which aims at replacing the US dollar for those countries that want to do trade using a common currency other than the greenback. IMF's Distributed Ledger Technology has been in place for two years now. This replaces the US Dollar for trade between nations. It's already a done deal for the dollar as the reserve currency. China's BRICS Swift move to remove the petrodollar as the worlds' currency, their expanding economic growth vs. the U.S. dollar's GNP to debt ratio of 107% when over 77% signals fiat money collapse and their expanding global military presence threaten the 1% elite's world dominance (power and monetary control). The Dollar will eventually collapse. Don’t forget inflation, with trillions of dollars being injected into the economy and negative interest rates on the horizon, what does that mean for stashing cash or equities? A current American strategy in Foreign policy has been to threaten banks facilitating trade with countries like Iran and Venezuela. This has been noted by the rest of the world and alternatives to SWIFT, and the US Dollar are being implemented. The dramas with Libya, Iraq, Iran, and Venezuela relate to the sale of Oil for something other than the Petro-Dollar. The US Dollar is vulnerable to the development of replacement energy sources. The use of the Dollar as a geopolitical weapon has led to the situation where it is being replaced in trade deals. At some point, a lot of Dollar-denominated financial paper will end up back in the US prior to a reset. Current trends show that both China and Russia have been divesting US paper. The dollar has about three years of life left before there will be a fatal crash. The decline of the dollar’s purchasing power has a 95% correlation to the federal deficit, which is exponentially climbing. At the present time, the economy was stunned by the shutdown, but soon more dollars will be pursuing fewer goods and services. Inflation will begin to rise, and at some point, the global credit markets will collapse, at least with respect to the dollar. I don't know about you, but the price of some foods has already doubled. My guess is the Dollar has less than three years before it is replaced. It's called a currency reset, and we're having one in the next few years. This will finally solve our toilet paper shortage! Got gold, silver, cows, bullets, land—anything but fiat. There should be an international currency, hopefully partially backed by gold. This will prevent endless quantitative easing, and governments will no longer just be printing monopoly money without limits, which has resulted in ZERO and even NEGATIVE interest rates. Produced in FINITE quantities by the sweat of men, Gold and Silver stand as sentinels to protect the wealth of astute investors in times of currency mismanagement and debasement that is occurring today. Yet only about 1% of the population owns any (outside of jewelry) Ironically due to brainwashing by financial institutions (and those with a vested interest in keeping your wealth in the bubble stock, bond and real estate markets). Buy US Silver Eagles and Gold Eagles all you can, now that their prices are still very low (due to commercial bank shorting), and you will not regret it. Soon silver and gold prices will really explode as all of the paper money being generated looks for a safe undervalued place to invest in. Most won't listen to what I am saying, but you will remember I told you this, and it is backed by cold hard facts. “Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands.” – Theodore Roosevelt. This was The Atlantis Report. Please Like. Share. Subscribe. And leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Is the New Jobs Report Really this Positive !

noreply@blogger.com (Politico Cafe) — Sat, 6 Jun 2020 10:42:00 -0700

👉Is the New Jobs Report Really this Positive !

A V-shaped recovery is a pipe dream. Most of the service sector is toast. Small business has been hit very badly by the closures and the riots; many have been burned to the ground and won't be fully re-opened any time soon. Small businesses make up 99.7 percent of U.S. employer firms, 64 percent of net new private-sector jobs, 49.2 percent of private-sector employment, and 42.9 percent of private-sector payroll. This is what we know so far: The U.S. jobless rate fell to 13.3 percent, from 14.7 percent a month earlier, and employers added 2.5 million jobs in May. But the economy had lost 22.1 million jobs combined in March and April. Payrolls are nearly 20 million below their pre-COVID-19 level. The worst unemployment rate in 80 years. We still have a long way to climb out of the hole. The report NEVER mentioned what kind of jobs these are. All service industries.Fast food restaurants, people who do your nails? I'm not slamming that workforce, but are those 2.5 million jobs paying the kind of money to sustain a family? Manufacturing, Industry, etc. I read that a large percentage of it was bars and food services. Makes sense, you can't open those places without staff, even without customers. Plus, since they survive on tips, sure, they are "employed," but making minimum wage tops given the occupancy is probably 25% of pre-COVID. If you're in that industry, you are going to be dramatically better off unemployed for the next year, or find a new job. Temporary layoffs were not counted in the unemployment numbers. So when they get called back to work, they are counted as jobs gains. These aren’t new jobs. Furloughed employees are returning to work. Nine million unemployed workers were deliberately left off the unemployment rolls due to a new colorful classification. There are more unemployed workers now than there was a month ago. And if we could get the unemployment numbers as reported by each state, I bet they would be a lot different. so we moved people off the unemployment rolls and onto PPP so their bosses can hand out the government cheese, and this counts as "employed." Wait until the rest of the PPP loans are exhausted, and more employees are let go. We have 160+ million workings, and 40+ million are currently unemployed. That makes a more or less 25% unemployment rate. The real unemployment numbers are 35 percent, according to ShadowStats. And all this despite The bailouts, The Stimulus, massive deficits, the payroll tax holiday, near-zero interest rates, and the FED's MULTI TRILLION QE program. Atlanta FED's last GDP prediction for Q2 is now -52%. Look at these numbers. We've never seen anything like them. The national debt is going to hit $26 trillion soon. Up around 6 trillion under Trump.Debt to GDP ratio of 122%. He ain't lying when he says he's the King of Debt! And the Federal Budget Deficit is at $3.8 TRILLION, Spin that. Bread lines in most inner cities and some rural areas. Hate & Divisiveness Index soaring. What else is left? Well, not much. The USA is in a "V for Vendetta" type recovery. The magnitude of the Q2 numbers are really difficult to comprehend. With so much deficit piling up to sustain the economy, I wonder how long this can continue. In most simplistic terms, it appears the US economy is like the Seinfeld show - much activity to produce subsidized goods and services that nobody actually wants or demands. I think a leading indicator of a Seinfeld economy might be new car sales. "it's really the most wonderful recovery I've ever seen!" said Trump. How desperate is Trump! He's dancing for joy at 13.3% unemployment! He lost 22 million jobs in two months. Then he gains 2.5 million back and pretends he accomplished something. Honestly, the guy is losing me. If we had ANY reasonable alternative, I would choose it. How about an "incredible" 10 trillion dollar stimulus package this time to suit the greatest economy there ever was? Anything less would be unworthy of such a magnificent economy. That should be a "tremendous" economy. TRUMP praised the V-SHAPED RECOVERY But WILL ASK CONGRESS TO PASS MORE STIMULUS. He said he’ll ask Congress to pass more stimulus money, including a payroll tax cut. He wants more stimulus because the last heroine hit is quickly wearing off. Unironically, just before he announced the need for even more stimulus, the president was praising the V-shaped recovery in both the economy and the stock market. Employment up 2.5 Million, and he wants more stimulus? Can't have it both ways, Trump. What numbers are we supposed to believe! Asking for more stimulus just poured cold water on his “everything is great again” speech yesterday. We have a V-shaped recovery, but the economy needs more stimulus. Translation: Get ready to bend over again, working stiffs, because we're going to steal your wealth to enrich the bankers and big corporations again. But nobody told that pompous that V stands for Vacuous. Trump was off the hook yesterday morning with the pump and dump. The United States government under Donald Trump pulled a number out of thin air and pumped up the stock market with it. “Tremendous progress is being made on vaccines,” Trump said during a Friday morning press conference from the White House. “In fact, we’re ready to go in terms of transportation and logistics. We have over 2 million ready to go if it checks out for safety.” Two million vaccines that may not work, ready to go! Tremendous progress. Wee!!! The news broke as the market started to fall. He got a momentary pop out of it. Pumping up fake markets and ignoring deficit and debt. Only a fool believes what any politician or bureaucrat spits out. Trump's promise to cut the deficit in half has changed to a promise to double, triple, or quadruple the incredibly large deficit. He has flip-flopped on so many issues. As always, the politician reneges on absolutely everything. Makes sense! V-shaped recovery, but we still need stimulus. Print your way to prosperity. And don't forget yield curve control and negative rates. All necessary. He is buying the mirage of a healthy economy that we will have to pay for. This is crazy. To hear this speech by Trump, is simply to understand the disconnect of the population from reality, for the POTUS speaks to this group. Whoever wrote Trump's speech should be sacked. If not, Trump is on meds. And he still wants negative rates. Part of any president's job is to be a cheerleader for the economy. Why would more stimulus be needed when the economy is obviously in recovery from the shortest recession ever recorded in history, according to the stock market fueled by incredible employment numbers. This is not a V-shaped recovery, but a swirling whirlpool of doom. Ask Congress for more stimulus? Praise for the V-shaped recovery? WHAT'S WRONG WITH THIS PICTURE? It's like putting out a fire with gasoline. It's wet, so at some point, it has to work. More likely, a V-shaped dead cat bounce in a buying votes season. If Trump believes those BS numbers from the BLS today, with all the screaming empirical data that exists, he is a lot dumber than I thought. Then again, he's a politician, and those fake numbers suit him just fine. He is also a member of the elite wealth club and lives in the back pocket of the bankers. Let's hope he doesn't run to his bunker scared when the 50 Million unemployed start rioting. No economy in the world can be sustained on fake numbers. As always, debt/printed money/phony non-market low-interest rates must be taken into account as to whatever rebound occurs. I'm watching closely for a better price to obtain more Precious Metals. Why do we need more stimulus in a V-shaped recovery? If we have a real recovery, no stimulus will be necessary. Funnel MORE MONEY to the CORRUPT Politicians, Wall Street, the Banks, and CORPORATE WELFARE SOCIALISTS. Complete takeover and elimination of the middle class and small business. This has been going on since 2008-09. The Fed bailed out the banks with 900 BILLION starting Sept 2019 until COVID in April. And the "initial" bailout was only 700 Billion, or the entire world was going to end back in 2008. Forget the unemployment rate. It is basically useless with all the carve-outs. Using the labor participation rate, in addition to other metrics, gives a more accurate analysis. Before the pandemic hit, there were over 11 million unemployed or part-time looking for full time. This was NEVER the best economy as Trump was trying to bs people into believing. In fact, there was more hiring during Obama's last years in office than in Trump's time in office. There are known 40 million newly unemployed by the unemployment applications. Add 11+ million to that, and there are over 50 million unemployed. This is the number Jerome Powell looks at when he tells Congress to do something, and don't worry about the debt. We need a jobs program and more at this point. An indication of the anger in America is reflected in the streets, and it has little to do with racism. It is pent up anger coming out in the form of what the politicians want, a divided nation. When groups are pitted against each other, they are not united and attacking the true culprit. The greed and corruption that is making money off of the low wages and unemployment. And I am not saying Obama was any better. We are living in a fed-enabled world. It has our backs; everything too big to fail has won the lottery; the rest can just vanish silently. The End result will be the value of the US Dollar. Socialism is unsustainable. In the end, no one owns anything, and we all live in government-subsidized housing, rely on government handouts for food, and the healthcare system is overrun because the experts refuse to work for chump change. Let's give Wall Street another $1 trillion. They are good people, said Trump. This could be where Trump finally goes off the rails. Elected as a populist but now just plays financial shell games. Where's that corruption cleanup everyone was promised a few years ago?! Trump solved the economy, racism, North Korea, windmill cancer, and built a wall around the white house and cured the virus. Too many people didn't take him seriously when he said he would run the country the way he ran his many failed businesses. The only president in the history of the US that printed and still printing trillions of dollars, lots of them. By the time he is out of office in a few months, he would have printed $20 Trillion. A New York Billionaire Con Artist sold a "Populist" movement. When Mnuchin and Kushner showed up running the country, everybody should have seen that is never about the "People." And he just threatened to unleash the military on Americans. It is going to be sad Independence Day this year. You would have to be stupid to think that things are heading in the right direction. Things are spiraling down the drain faster than you can blink! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. It's disturbing to read about all the talking heads, including committees in Congress, either pretending to be clueless or truly are about the Federal Reserve. It is a private entity with a profit motive and goal directly opposed to that which it pays lip service to. The more loans it provides, the more powerful it becomes. Right now, the biggest task for them seems to be the effort to hide the exponential inflation that is occurring. Prudent stewardship of the money supply and monetary policy was abandoned a long time ago if it ever was something the Fed actually cared about. People are not stupid, so with time, they will figure out that actions speak louder than words, and when abuse and deception become institutionalized, they follow suit. The moral decay that is soon about to have run its course started with large financial institutions playing the markets through manipulation. Later this became too easy, so nations were played, and now it's global. The Fed, together with other central banks, are at the top of a defacto criminal racket to siphon off real value and centralize control for the political class that works as their accomplices. The illusory power that they have stolen is further used to wage war and create suffering on a gigantic scale. The mere fact that these entities exist is a testament to how utterly confused and misinformed people are on purpose. At what point was the concept abandoned an economy is a productivity, a good investment value? Funny money and sky-high PE ratios do not an economy make. Nor do I know how one can say an economy is strong; we have to throw funny money at or lower rates to near zero. Seems to me this is merely an admission of the opposite, that one has an economic emergency on their hands, a sick patient. In a strong economy, you have to raise rates and thereby back off on artificially allowing inflation of the money supply. This funny money is like saying people never had it better, out of one side of your mouth, and out of the other side saying we need emergency funding, to stem starvation. 2 + 2 never equals 5. You know, I don't think anybody, at large, dares to be honest anymore. Nobody will call a pile of dung anything but fertilizer. It all goes back to Grover Norquist and the K Street Project. I don't see any real difference between conservatives and liberals when it comes to the buffet of pork. They merely champion their pet projects, and all ultimately subscribe to a bottom line of something for nothing, pile up more and more debt, what me worry? The U.S is a one-party system when it comes to looting the Treasury, the national wealth. At some point, politicians need to be featured on American Greed. The law has been clear since the 1930s, and the politicians have simply deceived the population. Your payroll taxes were spent the day they were collected as they still are by contributors to this day. An additional 26 Trillion was borrowed and spent as well. People do not know this, but when a person gets their Social Security check, it comes straight from the US Treasury general funds account from taxes and borrowings gathered today. These numbers are rolling so fast, and 2020 is so unique. Estimates have to be very loose, but around two-thirds of every Social Security deposit is borrowed right now. In terms of accounting, the US Government and all governments operate like money laundering operations that only appear to be legal. Payroll taxes are just taxes, like all other revenues collected by governments. Taxes are too high on the employed and employers, and this particular scam being payroll taxes was political deception 85 years ago and long past absurd in 2020. Cut taxes and rewrite tax laws at all levels, especially eliminating ALL state and local taxes and the legal right to levy them. How much of your total income remains to you after all your taxes from all directions are considered at the end of the pay period? How much did you have to borrow? Well, sheeple, doesn't this story perfectly show what the BLS report was as fraudulent as the US economy itself?!! Just another TRICKLE-UP excuse to give the rich more and none for the poor. What small businesses? They're gone!! The fake market will implode soon. Get out now before you lose everything. I warned you. It's a casino, and the Fed has the place rigged. End the Fed, abolish the IRS, reduce government by 90%, implement a 15% flat tax on nonessential goods, back currency with hard assets, return to a constitutional republic. These are the true looters of this country—the real criminals. This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉As America Burns , The Stock Market Soars !!

noreply@blogger.com (Politico Cafe) — Mon, 1 Jun 2020 11:48:00 -0700

👉As America Burns , The Stock Market Soars !!

Stocks are up, Yet fundamentals are worse than the Great Depression. And the Circus continues. The Fed bought the open with both hands and feet. It is all Rigged! These markets are a frontrunning operation run by AI algorithms. Rome is burning; That’s good for 100 points on the S&P. This is the sickest day I have seen in this Ponzi fraud ever. Every major city in America is being set on fire and looted. Forty million unemployed. And they just keep pumping this Ponzi scheme in everyone's face. Further proof of how disconnected the stock "market" is from reality. As Americans get out of bed this morning, they are not going to give one damn about the market. They're going to find out that their nation has literally burned to the ground. The financial sector (Wall Street) is COMPLETELY disconnected from the REAL economy: People riot in the streets, millions of middle-class people in the US lost their job and income, but the stock market skyrockets. 2020 is 1984 on steroids. The true “looters” are in the Federal Reserve, Wall Street, and the Military-Industrial Complex. Their minions are the ones dressed in black and breaking windows, throwing firebombs, and inciting protesters to riot. They tried that at our protest yesterday, and nobody took the bait. There were “end the Fed” signs mixed in with “Justice for George Floyd” signs. People know who the real thugs are, and they wear suits and uniforms! Now you understand that the short downturn on Wallstreet was simply all part of the plan, and the rich get richer. Markets no longer trade on fundamentals. It's just an algo fueled shitshow. It's all a rigged scam so that the "1%" can continue to rake in more loot (taxpayers' money and fabricated currency). Markets ceased reflecting the health of the economy and reality in general decades ago - it's just too obvious to deny now. Riots, Burning, Protester out pillaging, White house lockdown, no goods available for the stocktake sales, Waits of over 40 days for anything needed urgently. Stupid is as stupid does. And The Stocks always go up, and up. Nothing matters anymore in a banana communist republic. Our wealth will continue to be inflated away, our jobs and manufacturing destroyed, our cities burning, church gatherings outlawed, as we take our place amongst the global peasantry of the New World Order. The Fed is buying spree is tapering. The fed is now buying corporate bonds and equities. Every Monday, the Fed needs a good kick at the can get things going, even better during a pandemic and brooding civil war. Spoof the futures and pump and dump into Robin hood retail all day long. Don't stop it till it stops. The only thing that will stop stocks from going up is if the Federal Reserve was ever fully audited. But it's never going to happen. They all know the books are cooked. They also know an audit will absolutely crush the dollar instantly, and they will lose everything to mass violence. Welcome to 2020 - everything is bull (ish). I can only imagine when unemployment hits 30%, and the U.S. military takes over major cities and installs FEMA camps. The Dow would hit 40k. As long as central banks print funny money notes and keep stonks on the level decided by the central committee, you can have them at 60k, for a while. Soon the defaults on all the business loans, and that should be good for another 10000 pop on Dow. How can markets set themselves up for new record highs, when hundreds of millions around the globe have been sacked or furloughed and are likely to become long-term unemployment statistics. Who controls the markets? Who stands to gain the most from this nonsense? The small guy or the banking cabal? There is your answer. The small guy will get crushed, and the one Percent protected by this group will gain. The degree to which soaring markets are diverging from the real economic virus damage, and now the rising rage, has become embarrassingly obscene. The players in the market know that the worse things get, the faster we arrive at negative rates. As Wallstreet laughs at it all and reminds the plebs; The Fed is your Daddy! They needed a pandemic with lockdowns, closures, along with massive unemployment and riots. Money changers, along with Fauci, are wringing their hands and smirking with glee in their eyes. All done by Design, all done by Agenda. It is all a show, everything is fine. The underlining strength in the economy is their" ALL HAIL THE ALL AND MIGHTY FED'. And, I thought the worst looting was being done by dims, Antifa, and the 99/100ths rioters. SEIZE, AUDIT, AND END THE REAL THIEVES: THE FED! End the Fed. Drain the swamp. Enforce the constitution. And remove all dual citizens from the government. Sound money forces the government to live within its means. Eliminate all fiat currencies, for starters. That should be easy. America had the example of Japan right in front of it. But the magic show had to be saved at all costs. For those who think QE will keep asset prices going up indefinitely, look at how QE has tapered. Bubbles are like balloons. They need constant hot air to stay inflated. "QE has become an inescapable trap." QE was an inescapable trap from the beginning. If circumstances are such that to not do QE is just too painful, yet QE will never allow that pain to lessen, you are in the trap. The only way out is through the pain. The worst part is, the pain is going to happen regardless, it will just be worse if it comes involuntarily. Here comes the pain. Greed, hubris, and ignorance have brought the empire to where it is today. The free lunch is over, and the rest of the world sees through the lies. The whole world is laughing at us going along with the globalism scam and our leaders selling gazillion and trillion dollars worth science, wealth, and jobs to China To enrich themselves and us becoming slaves to China. Treason like this never happened in history. And as the anarchists go head to head with the law and order crowd, The 1% kicks back and enjoys the show. Thus was it ever. Thus shall it always be. Get out of the market now. This is a big fraud by the banksters! The Market Has Reached Its "Maximum Stupid" Price Limit. Room for more suckers and bagholders at the top! The markets are all rigged, no need to report on them. Smart people walked away, crazy people try to guess the next move, and insiders know the next move. The wonder is, how bad does it get before the kingpins decide this is not good. The Gambling addicts, playing in the Wall Street Casino, will get wiped out. A Casino owned by the bank cartel. The house always wins. I believe there will be a four to six-month window where the markets will implode and reset to levels for a new beginning. Unfortunately, most people will be wiped out AGAIN, as they just can't resist. The market will go down, and it will remain down for quite a while, and the average investor will eventually sell at the bottom like they always do, and that is how wealth is transferred to those who DON'T need it to live off. The bankruptcies are going to be far and wide, and everyone is right now riding the FAANG's rather than looking at the reality of the rest of the market. With the peak stupidity government with lockdown, peak high stock market with a long queue of bankruptcies, semi-peak chaos on the streets, I am racing against time to accumulate all kind of tangible assets (not only gold), food (rolling 3-6 months) and cash buffer enough for 2-3 years. Thankfully, I am not in a city. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The central banks are buying up to prop up their big corp & hedge funds friends. The "Empire of the City" is taking down the current currency system that is obvious. The probable plan is to back all current currencies with some new central fiat debt-based currency at a fixed exchange rate, i.e., like Bretton Woods architecture but all locked into their new Bancor. They don't want to scare the masses with sudden change, but then they have you by the balls as they control the price and volume of the underlying. Simple. And the end game/end times are approaching. Remember, at one time, $60 billion a month in Fed debt monetization was considered massive. I think they do that and more in a day now, although they are tapering to maybe $5 billion a day right now. I don't keep up on this level on minutia. While keeping the retirement accounts solvent is a noble idea, that goal is looking to be an impossible one after the next Wall Street liquidity withdrawal, aka the next and probably final financial markets crash. This one looks like the big one before the last one. Idiocy like ZIRP and NIRP combined with entire financial markets that require ZIRP in order to see their deals not fail, foreshadows a few problems ahead that more ZIRP won't fix. Neither will NIRP. The streets will look worse than they do now when this happens. Floyd was the trigger. The Communist Media, the fake Wuhan Flu Crisis, the forced house arrests, the Impeachment, and the Meuller Investigation / Frameup, and @Jack, The CEO of Twitter telling us he and his buddies are and always will be the boss of all of us; is the real reason for the riots. Add in failed MMT, and the end is nigh. MMT is poison. QE (Central Banking itself, actually) decoupled the financial system from a productive activity because it systematically rewards cronies at the expense of producers. MMT suffers from the same sin to a greater degree. You cannot cure poisoning by imbibing more poison. Revalue Precious Metals and other real assets to a price sufficient to back currencies. Let the debt junkies default. Do this, and the modern world will continue. Fail to do it, and you will get 1984 followed rapidly by Mad Max world. With markets this overextended, your window of time to take action will likely be quite brief. An end to the current rally could happen extremely quickly and brutally. Obviously, if you don't have some gold or at least gold stocks in your portfolio, now is the time to buy, make it 5% of your assets as a defensive play to the trillions of fiat that has been printed - which you know for sure, will hurt the buying power of the US dollar. Anyone who buys anything (except lead, silver, or gold) now deserves all he will get. Bankruptcy. The Protesters are sick of the FED, creating inequality. Now the FED is actively preventing the recovery. In a fair world without the Fed, those who had savings should have been able to buy stocks on the cheap and be rewarded. Instead, those who had the most debt will be bailed, and those who had savings are going to pay for it with higher prices. Another worthless American export to the world - central banking and QE. I don't see a peaceful way out of any of this. My only hope is that the anger is directed at the true perpetrators of corruption, graft, and theft. This isn't a left/right thing. It's a top/bottom thing. I hope all of you stay safe and have a plan. This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉This Stock Market is Not The Real Economy !!

noreply@blogger.com (Politico Cafe) — Fri, 29 May 2020 10:46:00 -0700

👉This Stock Market is Not The Real Economy !!

This freakshow is getting freakier. The economy is in free fall. The country is sinking deeper and deeper into a sea of debt, just passed the 25 and a half trillion mark yesterday. The U.S. economy shrank in the first quarter. The GDP fell at an annual rate of 5% in the first quarter, a bigger decline than the 4.8% drop first estimated a month ago, the Commerce Department reported. Boeing announced Wednesday it would lay off around 13,000 workers, including 6,770 involuntary cuts, while 5,520 staffers were accepted for voluntary severance packages. This is a huge indicator. Boeing is a very Major Player in our economy. This news comes as the U.S. Corporate profits drop in the first quarter by most since the 2008 Great Recession, the Commerce Department said Thursday. That is the largest decline since the fourth quarter of 2008 during the Great Recession. US economic activity collapsed in April, according to the Chicago Fed. The national index, which draws on 85 economic indicators, crashed to a record low -16.74 in April versus -4.97 in March. Existing home sales collapsed 35% Year-over-year. Biggest Drop Ever As Buyers Forfeit Deposits. It's finally gotten through to the dumbest of the dumb that the housing bubble is real, and so is the collapse that's got to come with 50 million people unemployed and millions more coming, and no way to prevent millions of people from losing their homes (and their cars and toys) in the next year or two. After all, Why buy if you can keep renting for free. 100,000+ businesses have been decimated by the Governor's orders to shut down. Those businesses are not coming back. The full extent of the damage to this economy won't be known for several more quarters when businesses report their sluggish earnings if there are earnings at all. But All this doesn’t matter. The bad news is good news for the market again! The market seems detached from reality. This market is not the economy. We do not have a market anymore. The current stock market valuations are completely unhinged from the fundamentals. This Stock market is simply a Ponzi scheme! A gigantic market crash is looming. This will end badly; they are only trying their best to make sure it doesn’t happen in their watch. Q1 results didn't really show the pandemic impact. Q2 results across the board (generally) will be abysmal. Q3 & Q4 will also be lackluster as people save, and fewer people feel comfortable going to malls/spending cash in general. The only thing keeping this up is the FED. Absolute insanity - Wallstreet having another chance to offload their toxic assets onto retail investors. The Fed is propping (printing and pumping money) to stocks that elites are holding; it is an insider trader scam. In Weimar’s Germany, stocks hit a remarkable rally until everything crashed in 1942 and then again in 1927. The idea of an endless “fiat-driven bull market” is a gross lie backed by bankers and their shady supporters. Central banks are printing/digitizing currencies. Japan has been doing so for around 30 years. This is the Japanification of America. Equities are a central bank Ponzi scheme. Period, the end. The Fed is literally counterfeiting trillions and using that money to consolidate ownership of real assets. We all know that the last solution becomes the next problem. So what do you think the next crisis will be?! Reminds me a bit of the famous comment back during the last crash, "That's Why I'm Richer Than You"! The fact that bank stocks are rising again with earnings tanking is a very bad omen. I don't want any exposure to the Fed and its rigged hellhole. People think liquidity injections means the market goes up, but that isn't true at all. The Fed has been using liquidity injections since practically 2008, and it is getting weaker and weaker every time. Get this: they pumped the US stock market up 30% BEFORE THE WUHAN VIRUS. An obvious attempt to fleece the retail investor. They will do the SAME THING AGAIN. The market looks more and more like a massive pump and dump scheme now than it did BEFORE the depression, which is insane! Companies selling common stock like there is no tomorrow, commercial investors extremely bearish, huge short positions in various indices, etc. I am sick of trying to go for that 10 to 15% return right before a crash. It is not worth it at all. Not with the stocks back to 95/98% all-time highs. And 3 trillion sounds like a lot, right? Well, it isn't much if you think about it. Total corporate debt stands at $15.5 trillion, and overseas dollar shortfall is intense. So really, if you want to be in stocks, you can only be in the ones the Fed/government guarantees. Which is like ten total: Amazon, Google, Microsoft, Boeing, Apple, the banks, and maybe a few others. Everything else, in my opinion, is extremely risky. Don't fight the FED! They have a digital printing press. We have mortal blood! Records reflect reality, not the other way around. The S&P markets reflect the moves of four key constituents (and a dozen other laggards), but 75% are doing poorly. The Fed is preening the business community whilst generating hype in the retail investing market. The 'real' economy is the real economy, and that space is in a 100-year world of hurt. Look at the top line of most companies today and tell me where their P/E valuations are coming from. Where is Price Discovery when the Fed is now a player with Blackrock? Records could reflect reality soon - don't be fooled. Just wait till August, September, and October. That will really show what is going to happen. Right now, the stocks are way over the inflated cause of the stimulus package/care package, one of which giving unemployment a $600 a week boost for people. The real trouble comes when that stops, small businesses aren't coming back, and unemployment isn't going down as quickly as we'd hope. I think the market will see a big drop in those months. This current situation is not fundamentally sound to invest. That's why you hear people like Warren Buffett not willing to invest in the current climate. The corporations are getting bailed out, but when it returns to profit, The Government suddenly turned dumb and did not keep those shares to receive profits and dividends to at least return money to the taxpayers that bailed them out in the first place. On top of that, they don't pay taxes. The federal reserve keeps manipulating prices. And we never know what companies they’re going to save or let fail. Short sellers who lose all their money should be able to sue the federal reserve and get their money back. America fails on many levels. It is like an alternate universe. - Savers get punished - Precious metal stackers get punished - Hard-working middle/poor classes get punished - Those who are essential workers who actually have worked get punished - Those who got laid off get $1000 a week for staying home, AND they may get a back-to-work bonus. America is now more communist than China. More QE, More Debt, More Asset Purchases. The economy sure is doing great! We should shut down all the small businesses so we can get DOW 30,000! Fed has 200 trillion liabilities, and their assets are garbage nobody wants, i.e., treasuries, ninja mortgages, zombie stocks, etc. The Fed is the garbage dump yard of everything that is worthless. If you want to hold dollars or play this market, you should have your head examined. Until the world can ditch the dollar, we can screw them for a bit more. But the Fed can do very little when the almighty dollar collapses because no one wants it any longer. Then look out below, or should I say look out for hyperinflation. They've Taken Your Job, Your Business, Your Freedom, and Now They Are Coming For Your Social Security. You have to be insane to invest in the stock market these days. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Stock market sentiment had been shifted to full-on speculation since FED started Brrrrrrrrrr. There is nothing about this market that has to do with the Economy anymore. The Reasons I believe why the stock market will go down significantly more in the coming year are : 1). 330 Trillion dollars of very poor credit market debt that needs to be deleveraged, and the Fed's 1 Trillion farts can't do anything to stop this. Japan has been doing for 30 years what the Fed is trying to do now. Guess what: it won't work when the world has 330 Trillion dollars to deleverage by at least 50% with Quadrillions in derivatives. We're in a deflationary trap and spiral. 2). Corporate share buyback Ponzi model has come to an end as public pension funds (states, municipalities, cities, etc.) have no tax revenues presently to buy corporate bond issuances to fund corporations who use that very money to buy and drive up their own stock to stuff management's pockets with bonuses. 90 cents of every dollar S&P 500 companies earned in the last Five years also went towards corporate buybacks combined with an unprecedented issuance of corporate debt and equity dilution, helping this endless Ponzi scheme. Already, more than 40 S&P 500 stocks have suspended or slashed dividends this year, with dividends expected to shrink by 23% this year. Buybacks could take an even bigger hit, plunging by 50% in 2020. 3). Economy for over a decade barely growing at 1% average despite all the above Endless rounds of QE for 12 years now, interest rates pushed to zero punishing savers and tax cuts that were really not necessary. 4). Consumer debt to income ratio at unsustainable all high time levels (175 debt to income ratio and climbing higher as well as 12 times debt to savings ratio and climbing higher) with real unemployment (unemployed, underemployed, and not counted in the workforce) at 50% plus. 5). All stock market indicators are at all-time high levels. S&P P/E was at 21.5 when S&P was 3393, and now, even if you cut earnings by 25% which is VERY conservative, you have P/E moving closer to 25 which is la-la land (you have to wait 25 years to get your money back on your principal which is crazy); Price to Sales Ratio over 2.5; Enterprise Value to EBITDA over 25; Buffet Indicator (Market Cap / GDP) over 135%; Shiller P/E over 27; Q factor (the market value divided by its assets' replacement cost) at 1.76. In fact, this is the most expensive time to buy the stock market since the dot com bubble. 6). The bond market has been screaming major recession/depression and deflation for almost a year with yield curve inverting three times and the 30-year T trading almost at 1% (totally crazy). 7). M3 essentially at zero with the consumer (which represents 70% of economy traditionally and 90% in 2019) tapped out on debt and 50% unemployed/underemployed. Meanwhile, we have overcapacity and overproduction for consumers who have no more money. This is a signal of a looming depression soon to be followed by hyperinflation. 8). Corporations (30% of the economy) already in recession since the start of 2019 with little to no earnings expansion over the last five years. 9). The corporate bond/debt market in the mother of all bubbles with 90% of bonds trading at one notch above junk status. 10). The IMF has stated that this year, the global economy will experience the worst recession since the great depression. It has also stated that for the first time since the great depression, both advanced economies and emerging markets are in a recession with growth in advanced economies at -6.1% with income per capita projected to shrink for over 170 countries. Most economists are expecting the Q2 of 2020 to be in the -20% plus range in economic contraction, and this will be catastrophic. 11). The debt to GDP of all developed countries in the 150-300% range.Not really a surprise. Developed world Governments have been running 6% of GDP a year deficit just to grow at 1-2% per year. If individuals or companies did this, they would declare bankruptcy after seven years. 12). The stock markets now are comprised of 5 companies representing 25% of the S&P and 40% of the Nasdaq. These percentages are beyond alarming. Facebook, Amazon, Apple, Microsoft, Google are up 11% on the year, and the rest of the 495 companies of the S&P 500 are down 15% on the year. We have two markets in essence. MSFT trading at 27 times 2021 earnings estimate, AAPL at 22, AMZN at 58, GOOG at 21, and FB at 23. The rest of the 495 companies of the S&P 500 trading at 16. Not a healthy market. P/E ratios should not be over 16. 13). Healthy stock markets don't go down 35% and swing back up 30% in a matter of a month. This type of volatility always signals lower prices ahead. We are, in fact, in a horrible company. This is the fastest 35% downward move in the stock market. And only two other times the stock markets have gone up 30% this fast: the first leg up of the Great Depression and the first leg up of the Great Recession. We all know what happened afterward...lower lows. 14). Major head and shoulders top forming while we are hitting the 61.8% Fibonacci level and bouncing around the S&P 3,000 wall. We are looking very weak, technically. 15). Bear markets last, on average, 15 months. We're not even in the second month of this bear market. Wall Street will soon be shorting the market to drive it down and buy it at a later date for much cheaper. Don't kid yourself: Wall Street is playing the public for fools and their greed to slam the market down and make money will happen before they buy everything for 50 cents on the dollar. 16). Retired baby boomers pulling money out of the stock market like no tomorrow, while millennials have no money to invest. 17). Berkshire Hathaway sold 8.6 Billion of equity and only bought 4.4 Billion in 2020. NET-NET, they have liquidated Berkshire Hathaway sold 4.2 Billions of equity. 18) The market idiots are out in full force with their ignorant punch lines. Be careful of the mainstream media, Wall Street, and government. They are all charlatans, liars, and manipulators. They dig a hole, stand next to it and tell everybody there is gold inside. We are a two-tiered system comprised of crony capitalism combined with the worst part of socialism. Large corporations are benefiting during the good times and during the bad times when these same companies who should be going bankrupt or getting bought pennies on the dollar by more responsible corporations, or getting merged with competitors are getting selectively bailed out by the Federal Reserve who is picking the winners and losers by their size and too big to fail criteria. Crony capitalism on the way up, socialism on the way down. This, my friends, is a broken, corrupt system. Do you want to have a glimpse of our future? Go look at the Nikkei from 1989 to today. Japan has been doing this for the last 30 years, and its market is still down 50% from its all-time high. The stock markets are now trading in swings like penny stocks with all free-market price discovery destroyed and not an ounce of sound monetary policy left. Stocks and bonds are trading solely on what the FED is doing and directly correlated to their balance sheet, which is total insanity. You have a bunch of d-bag academics (who think they know best) not only fighting mother nature but also fighting the principles of economics where boom and bust cycles need to be normal occurrences left to their own devices for productivity to improve over time. But the Federal Reserve doesn't give a hoot about the principle of economics, and they have become the real virus (they are the reason we're in this mess) infecting the world because they have us play the game with one set of rules yet those rules are constantly broken by them to be the buyer/lender and owner of last resort and implement their grand scheme of becoming the world's central bank and having the entire world as their slaves. If common folks had this behavior, they would end up in jail. This is the real virus, and we won't be able to get rid of it. Who wants to invest in a rigged market where prices are not based one bit on sound economics like reasonable P/E ratios, earnings, free cash flow growth, and dividends where earnings are cratering. And if you think the Federal Reserve is here to rescue the world by propping up the markets for the sake of humanity, don't be naive, think again. They are a self-serving private bank (no more Federal than Federal Express and not even a reserve and truth be told not even a bank). And if they are to buy the market instead of their traditional usury of buying bonds, they will do so at a much lower price than the present overvalued market. This is the biggest ruse of all time, having people think the Federal Reserve is on their side when their true intent is to crash this market and buy everything at 25 cents on the dollar. The very timely Coronavirus is the medium that is exposing the fragility of this corrupt, selfish, self-centered astronomically over-indebted over-leveraged system. Keynesian economics has run its course and collapses on its own weight. The jig is up, and it's game over. The central banks and corporations have been controlling the population for centuries. Economy collapse and starvation have been used to control and conquer for thousands of years. The same strategy is in play now for global dominance by design. They will control every aspect of our life. China is a role model for The coming New World Order. It's all fake, and I believe the Black Swan is the Federal Reserve itself. And the US government is the real virus. The correction will occur by having an entirely new system. No doubt, hyperinflation will occur. We will have to start over again, like Germany, Rome, and other fallen nations. This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Over 40 Million Jobless , Debt to GDP Ratio 122% , The Economy is Crashing !!

noreply@blogger.com (Politico Cafe) — Thu, 28 May 2020 10:51:00 -0700

👉Over 40 Million Jobless , Debt to GDP Ratio 122% , The Economy is Crashing !!

Over 40 Million Jobless in two and a half months. 2.123 million more Americans filed for unemployment during the last week alone, bringing the total unemployed in America to over 40.8 million. About a quarter of the U.S. workforce has applied for jobless benefits during this pandemic. That's almost twice as many Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession. And the real numbers are probably way worse. The U.S. debt to GDP just popped to 122% today. That's what happens when you close down commerce. That is what happened when you allow the government and governors to shutdown your businesses and places of work. We are being MMTed. More incentives will be introduced to not have a job. Essential slaves will get a bonus to stay on their job. Most of these unemployed people get paid more sitting at home drinking and smoking dope than to be productive. Reward the fat, sickly, obese, useless, lazy, and fearful for their "contribution" to public health by being shut-ins, and bad things happen. Whatever you are promised, it will be at your expense. It always is. The whole system was due for collapse. Systemic collapse is underway. Opening a shutdown economy is a bad joke. No business can reasonably function at a fraction of capacity, especially restaurants. For those that managed to reopen and hire workers to get by, what do you think is going to happen when the bennies run out in July, and there are no jobs (good or bad) for 40 million people? We're a dead country walking. They've printed trillions and have only managed to keep things quiet for another month! Evictions are about to hit the ground running. Once the current renters are put on the street, the landlords are going to discover there is no one else to rent to. It is going to be an interesting summer. There is a huge difference between being "open" and being "back to normal." Nothing is back to normal. People aren't doing things. Everyone is uncertain about their job or the economy or the next health "crisis"... so nobody is spending money. Nobody is planning trips for the summer. The economic fallout is only just beginning. Until faith in the economy is restored (which may take years), the damage will continue. Just wait until people's unemployment runs out in October or November. The good times are gonna roll. You best enjoy the next 2-3 months, because after that it's going to get real ugly for a long time. So you best enjoy your steaks and wine in moderation. We are going through an economic meltdown "never before seen in history. The dominoes have not really started calling yet. Renters, car loans, utility bills, insurance premiums, mall operators, airlines, hospitality, and Trumpeo chooses now to have a showdown with China. And the Dow is 100 points HIGHER on this news! All these unemployment numbers have been good news for the stock market, every time it has been a good reason to make a new short term high. I thought the economy was based on employment. Guess it's really based on the rich squeezing every drop out before they go home with theirs. Wall St. is a grim picture of Gamblers gone bad; unfortunately, the Globalist FED is one of the worst. Fed dollars are, by definition, debt. It’s really really hard to fix something that was fake, to begin with. The stock market is a tool that gives the rich Access to a poor man's capital via 4o1k's, pensions, and savings. The Fed will be in at about 10 am to keep the market flat for the week. Tomorrow will be flat too. We can all go home for the week. Happens every Thursday. The trillions and trillions of dollars that are being thrown out the problem and that are being created out of thin air by the Federal Reserve which is buying up everything and flooding the economy with newly created money. This is going to do far more damage to the economy than the coronavirus. The damage from the panic has been far worse than the damage from the virus. The government's cure is far worse than this disease. The System is structured to collapse. These politicians mainstream media just don't get it. Lockdowns and house arrest kill, fresh air, work, walks on the beach, and being out in the open, cure. I still don't understand why we locked the economy down. The only thing that would've helped is locking the borders down early on, which, apparently, suddenly became "racist" somehow. Waiting a few months and then closing down barbers and restaurants was pointless. This lock-down allowed the feral reserve to initiate a MASSIVE bank bailout without anyone even questioning, unlike the aftermath of 2009. The bankers knew that they needed to make it publicly palatable, so threw in the 'loss of life' gig. The Fed truly doesn't care about the domestic economy. We were already a highly leveraged economy. Everybody had borrowed money. Corporations had borrowed money, state and local governments had borrowed money, the federal government. Individuals with record student loans, credit card debt, auto debt. There was a massive increase in public debts. Estimates are the public and private debt as a share of GDP is now three hundred fifty percent as of the end of last year. But this year it might be closer to 400 percent. States and local governments are facing a trillion-dollar shortfall in revenues over the next year and a half through 2021. Nobody had saved anything for a rainy day. Today it's not only raining, it is pouring, and we've got nothing. Mostly we could just print money. The Federal Reserve is printing One million dollars every second. In just one week, the fed printed $586 Billion, setting a new all-time high record for its balance sheet. This is The End Game. This time The Fed is not going to be able to bail us out with a bigger bubble than the one that just popped. All the years of kicking the can down the road, we finally caught up to the can, and there's no more road. And this can is too big; if we kick it, we break our foot. Everything the government is doing is going to delay the recovery, and it's going to deepen the depression that we entered into. What we need is the free market to function. When the free market functions, over-leveraged businesses fail. Businesses that no longer have adequate demand to go out of business, and they free up their resources, they free up labor, which is a resource to do something else. But what the government wants to do is to maintain the status quo. They want to artificially keep businesses afloat that would sink in a free market. And so they redirect resources from where the market wants them to be, to where the government wants to trap them. Therefore all these businesses that are being bailed out today are going to need constant bailouts in the future. The people who are being subsidized not to work are going to have to be subsidized indefinitely. Because the businesses that need to employ them are not going to be created. Because we're redirecting capital to maintaining the businesses that should be failing. We are on fast-track to inflation. Not only are people going to be paying a lot more money for bread but they're going to be waiting in long lines to get it. Things are gonna change dramatically in this country. I think we're headed for a collapse of the dollar. I think the dollar is going to lose its status as the reserve currency. The American standard of living is going to implode because we've been living beyond our means. The rest of the world has been enabling that by living beneath its means. The scarcity of goods will become a popular paradigm. Civility and security will become even more scarce. People still assume that governments have the nation's interests at heart. Nothing could be further from the truth. The writing is on the wall. The powers that be want the rule of the few over the many. It is commonly called tyranny. If you keep on sleeping, you will wake up in the slaughterhouse. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force". -Ayn Rand. Every action the US Government takes to remedy this situation, involves somebody borrowing money. Take a loan to continue a business that has a 99% chance of being shut down when the Globalists turn on the Second Wave act of the Corona Pandemic Show to destroy the middle class. The serfs are tapped out; they can't afford to borrow any more money. The Federal Reserve murdered small businesses. This is the final act of the United States of Usury. In the current political climate, no potential leader in an election campaign is going to tell the electorate that he/she will be reducing the national debt and, in turn, reducing benefits and social programs. You just won't get elected that way in the tussle between populism and socialism. That tells you national debt in all the western world is only going one way. Socialists don't want leaders; they want Santa Claus. The American people have gotten checks for nothing—unemployment up the ying-yang. Government spending that trickles down. Government jobs based totally on debt. Near-Zero interest rates. Social security, Medicaid, Medicare, countless freebies everywhere that would take up volumes and volumes of books. We have a 25 trillion dollar deficit handing out freebies to anyone and everyone. Trump and his supporters are now worse than Bernie bros, who at least want to raise taxes to pay for all this, and he is honest about it. What's going to happen when the FED owns everything. Weimar and Zimbabwe and ironically Venezuela. America had decided to join your club. Welcome to the new gilded age. Nothing says Free Markets and Capitalism like buying Junk bonds, government bonds, stocks, and bailing out the multi-billionaires. Businesses have much to be uncertain about, given the ridiculous burdens hanging on them with a team of cops, bureaucrats, and lawyers ready to make their lives more difficult. Why take out a loan to pay employees to do nothing. The government already does that. I have also heard that they don't want to take it because they cannot layoff employees while they have it. The layoffs are coming, and I believe the small businesses are getting ready to do just that, in mass. Employees collecting unemployment won't come back to get on the payroll, which is required for loan forgiveness. The Fed murdered businesses on the main street. When everything is bailed out with whatever the current money is, the current money loses value, and the national money (currency), which is supposed to reward valuable companies, becomes valueless. Then, companies with value will start to trade in a more valuable currency or money (whatever that may be). The Trillions they're pumping into the economy are going straight into the markets, which is why the Dow goes up, but our wallets keep getting thinner. It should be impossible for a stock to go up if the underlying company isn't making profits or have any income at all, but in today's world, that's what happens. We'll keep collecting and trading dollars in the U.S. until China and/or some other country out there decides to start dumping our currency, and raging inflation starts working its way through our supply chains. I think you might see China dump their treasuries the week of election night. I also believe if that does happen, election night will be canceled. Someone prophesied that Trump would be the last American President. I'm starting to believe it's true. It's the Fall of the Roman Empire again! History certainly rhymes. Now we can look forward to the Technocratic Dark Ages with the Man of Perdition and implanted chips! And When everything else has failed, they will take you to war. That's all. The sleeping American is a lumbering, mouth-breathing troglodyte hooked on Tik Tok and unemployment benefits. I question what percentage of Americans are even fully literate to say nothing of being financially literate. There is nothing I would welcome more than the great awakening, but our collective IQ has deteriorated to such an extent that I'm not sure we have sufficient brainpower to drive such an event. I wish I was kidding. This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉 Retail Apocalypse A Tsunami of Retail Bankruptcies and Closures in 2020

noreply@blogger.com (Politico Cafe) — Mon, 25 May 2020 10:50:00 -0700

👉 Retail Apocalypse A Tsunami of Retail Bankruptcies and Closures in 2020

Even though we are slowly reopening across the board in the majority of the country, many businesses are still closed or will never reopen. We are seeing it in retail, and in health, we are seeing it in hospitality and travel. The Most Retail Stores Will Be Closing.COVID has hit retailers hard. EMPTY STOREFRONTS ARE BECOMING A COMMON PART OF THE Cities LANDSCAPE. People don’t want to drive miles and wait in line and potentially get sick for things they could have delivered to their homes the same day. 2020 will see a retail apocalypse, A Tsunami of retail closures, and bankruptcies. An unprecedented retail crisis never seen before in American history. More chain stores will be disappearing, and several mainstay retailers are rethinking the whole idea of having brick-and-mortar locations a staggering number of stores have shut down. And it is not just about these big chains, three-quarters of retailers are small businesses, and those are the ones that are really at risk. As the toll of unemployment in the U.S. is growing each week, for more than two months. Many economists and experts believe some of these lost jobs will not come back any time soon. With consumer confidence low, when people do not have two nickels to rub together, when people are not making nearly enough to live. What do you think is going to happen with the retail sector. That is the particular concern in the retail sector. Over two million Americans have now lost their jobs in retail. Stores shed jobs, of course, as sales plunged. A record 16.4 percent down from March to April, a bloodbath for the economy, since retail accounts for about half of all consumer spending, which in turn drives some 70 percent of economic activity. In acute pain, clothing stores, where sales have tumbled nearly 80 percent. Already struggling department stores are down about 30 percent. Include that well over 50% of restaurants won't survive on 50% less occupancy, which means 50% less revenue. When many need 85-90% volume, and a high table turns over just to break even. The pandemic has speeded the shift to online, predicted to jump from 15 percent of all retail to fully a quarter, good for virtual stores, disastrous for ones you can walk into, many of which have now gone under. As a result, it's harder for retailers to both pay their debts and stay current to compete with behemoths like Amazon and Walmart. Now, across the country, some stores are opening up. But, even if retailers open, are people ready to go shopping? Even among those who may want to go out and shop and miss that activity, a lot of them don't have the means to do so, or they're reluctant to spend because they're nervous about the economy. Confidence takes a moment to destroy. It can take many, many months to come back. My guess is that 30% of businesses will not return or won’t last long. And about the same percentage of people will remain unemployed. This setback will cripple the economy for the next ten years. The debt incurred will be the pandemic killer! And while operating at reduced capacity under new rules now, businesses are passing the buck onto consumers. Extended hours, limitations on the number of customers allowed, improved sanitization methods, and a barrage of personal protective equipment; All comes with a price tag. Some businesses are tacking on a COVID surcharge as they navigate through the pandemic. Now consumer experts say these surcharges may push customers away. Macy's said that sales were down 45 percent. Because of online retailing, it is likely that at least half the brick and mortar retailers were on the extreme margin of solvency already. Online shopping already accounts for 11% of retail sales. The good old days are gone when mall managers wouldn't even meet with anyone not representing a AAA national chain tenant. Now they are offering free rent and incentives to CBD sellers and hot dog cart owners. Thrift stores will become anchor tenants. After JC Penney filed for bankruptcy, Hertz also filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic. The company is the latest business to fall victim to the coronavirus. This is just a start. We will have many more to see. I have seen news Aldo is also looking for bankruptcy Insurance. Pier 1, JCP, Kohls, Macy's, Foot Locker, Nordstrom. Then the Universities and Colleges. Starting with Halloween to Christmas, there are no parties, no celebrations. Rice and Beans for Celebration. Just wait another 60 days when the enhanced unemployment money dries up. There will be 50 million unemployed with not a pot to piss in. The depression is only in the unfolding stages, and the economic collapse that is coming will make the virus look like a picnic. Let’s make a list of those that are still able to make the rent: 1) Gun shops. 2) Liquor Stores. 3) Grocers. 4) Coin shops, (thanks to the gold and silver stackers). 5) Weed dispensaries. 6) Fast food restaurants. While dams fail, bridges collapse, communities deteriorate, and homelessness grows, while jobs and the US economy are offshored, the environment is degraded, and health care needs go unaddressed.US Billionaires are up 460 BILLION in just two months. And Will be UP a TRILLION, at a minimum, by fall 2020 election. Tens of trillions to Wall Street, the banks and corporate welfare socialism. America is simply going to drown in its unaddressed debt problems just as New Orleans drowned in Hurricane Katrina. America's economy was never strong; it just printed more money. This is just the beginning. It will get much worst when the looting, riots, civil disobedient, the chaos starts. Coronavirus has left the US in economic devastation. Most small businesses and service industry jobs have been eliminated. Airlines are sitting. Restaurants closed. No sports or any gatherings. People are hurting and need money badly. Forty million jobs lost in 7 weeks. America is on the verge of losing everything. This Economy is not going to just bounce right back. It is going to take years to recover from this. It'll get extended beyond the election. Bank it. The real ugly will hit at Christmas when all the businesses get to see first hand how broke many are now; and spending for Christmas craters. Many will be homeless as banks take homes and apartments. People do not own anything. We will be a third world country very soon. The Fed and the Banks will own everything. When you take a 30-year note on a house or property, you are really buying almost three houses in the end, you keep 1 for yourself and give 2 to the bank. Depending on your interest rate, that is. But its never really your property. The county will stick a gun in your ear every month and tax you. Right around here, I see people paying $10000 a year on their house just in tax. Imagine what taxes will be after this COVID BS with no income coming in for local governments. State pensions are a disaster. Politicians want to give hundreds of millions away to the homeless and illegals. They only get their money from taxes, your taxes. Inflation and taxes are going to explode. That's why GE and Ford and GM, GE, all those old money blue chips are gagging on pensioners that they promised to pay. Well, now they can't pay. They are pension guarantee/distribution companies that just so happen to make cars. That's the result of 4 decades of neoliberalism, capitalism on steroids, ' more is never enough' a dog eats society, without humanity. This is gonna suck for a while, but we are finally seeing what is important and what is utterly useless. Overpaid, useless politicians. Social welfare at taxpayers' expense with no accountability. Institutions of higher learning that rib and exploit young people while offering a useless degree and debt, while tenured professors are basically fat parasites living off the servitude of young people who can't find paying jobs. And the list goes on. We could see societies on a global scale go back to simple living, learning skills, or knowledge that fixes problems and not teach victimhood as currency and a real responsibility to the community that results in positive action. One hundred years ago, you knew your neighbors and helped them when they were in need. Most people don't know they're neighbors name right now. I really think this was one of the goals of the virus scare. They want to eliminate most physical locations of commerce. Everything is to be done online - less travel, less mingling with other people, less competition, further economic globalization, elimination of thriving local economies, ultimately moving towards global technocratic communism. Things are a whole lot worse than you know. Historic highs, Monstrous lows; Everyone broke; Little hope. Sounds like a job for the WAR option. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. THE American ECONOMY is COLLAPSING! This is THE WORST DEPRESSION IN HISTORY IS JUST AROUND THE CORNER, ONCE THE REST OF THE WORLD REALIZES THAT THE US DOLLAR IS WORTHLESS! The Day of Reckoning approaches. Most of these businesses have their doors still open only because they do not pay rent. Once they get evicted, they cannot pay their suppliers and employees, and the chain reactions begin. Meanwhile, Robinhood traders clicking their mouse and popping anti-depressants like they were tic-tacs, continue to buy their lottery ticket shares. The chaos will not be a sudden meteoric event. Instead, it will be a gradual and insidious process. The poor dumb American will be bankrupted and evicted in a controlled process. At least that's what the globalist have planned. But, by the very definition of "chaos," this will not be predictable by any means. We must rationalize the pandemic's aftermath in a thoughtful and mature way. Rashness and impulsiveness will not serve the cause of righteousness. Listen to what your conscience tells you. Follow ITS proddings... for that is the voice of God. Do not succumb to any "relief" initiatives given by the government. Seek civil disobedience movements. Deny vaccinations. Defy gubernatorial edicts. We must act as a hive. There's no way they can control a free-minded people. Huge swaths of "Main Street" properties are owned by Real Estate Investment Trusts and another high flying, HIGHLY leveraged investment consortium. A lot of Mom & Pop investors bought shares in these financially engineered Flim flams thinking they were investing in something tangible - real estate - not realizing that they were really investing in a complex smoke-and-mirrors shell game run by rogue accountants. Commercial Real Estate has, like everything else in the Financialization Of Everything world, been used as collateral for financial instruments running 25X - 50X - 100X leverage. It's subprime and jumbo mortgage meltdown version 2.0 waiting to happen, and once again, nobody could have seen this coming. Dang coronavirus! Everything was rock solid until that pesky bug showed up. Now the financial system is going to need another bazillion-dollar liquidity infusion from the Federal Reserve. The whole American economic system is very predatory and unforgiving and doesn't have any resilience when something disrupts it. In the end, it's the poor people who suffer, and most Americans could give a damn. It is a very poor system by any measure. The system was designed by the elites, for the sole benefit of the elites. 99.9 % of the population has been screwed every which way, and those that control the issue of money, simply get more wealthy and powerful. To end the Fed, one has got to bring down their masters. The Banksters are a gang of criminals - they are the head of that snake. We, the people, are definitely screwed! You don't pay your car loan; they take it. You don't pay your country's loans; they take it. Here is the kicker; they bought the country with the paper they print. PAYDAY!!!!!! Why have Americans allowed this to happen? Our forefathers properly warned us. This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉National Debt Can Never Be Paid -- Global Monetary Reset to Digital Weimar Currency Coming !!

noreply@blogger.com (Politico Cafe) — Mon, 18 May 2020 12:22:00 -0700

👉National Debt Can Never Be Paid -- Global Monetary Reset to Digital Weimar Currency Coming !!

The national debt is already at an absurdly incomprehensible number like $23 trillion, and increasing by the minute. We're already in a mathematical fantasy land beyond the limits of human understanding. A stack of trillion-dollar bills would be 67,866 miles high, or more than one fourth the distance from the earth to the moon. This means the deficit before the pandemic would've been a stack of dollar bills more than five times as high as the distance to the moon. The national debt is never going to be paid. It will ALWAYS go up. The Fed WILL monetize the debt at negative interest rates. The treasury debt the Fed will hold will have an average negative yield. They will pay the treasury interest, but in reality, that will just require a wind-down of reinvestment, so it actually isn't anything real. These are all ledgers with lots of zeroes. At some point, the Fed will have to buy ALL of China's holdings as they liquidate, and then ALL the social security surplus holdings. And they will pay well to keep rates very, very low. With negative interest rates--people will pull their savings from banks and buy gold (if they have brains). Banks will not lend to get less back. Scared people will stop buying and start hoarding cash. The economy grinds to a halt. This is the GREAT IMPLOSION, coming soon to an economy near you. The Fed is creating a bubble economy. Once people understand it is all about the Fed, maybe things will change;But not until then. They are using fear and misinformation to herd the sheep where they want them to go seems to be what’s going on today. Even Powell, Yellen and Bernanke are telling the congress not to worry about the deficit. Just keep spending. What he doesn't tell this naive Congress, and the president is that getting the government to spend even more reduces the government's power, and increases the federal reserves power over America. They want the Congress to keep spending in order to make our government as bankrupt as possible. The more deficit spending on our governments part, the better for them. This is what the purpose of this coronavirus agenda is. Bankruptcy for all, and the transfer of all financial control into their hands. They want to remove all financial power from world governments and place all financial power in the hands of this secret fraternity at the very top, who are in control of this international banking system. Their target is the removal of the US dollar and replacing it with their long-desired,one world currency, owned and controlled by this secret fraternity at the very top. Yes, the domination of this world by way of the monetary system. It isn't apparent yet, but it will be, when they put the icing on this coronavirus cake by pulling the plug on the world markets and creating the biggest market collapse in history. Why? They are currently bankrupting our governments. Now they want to place us in a complete state of hopelessness by bankrupting all of us individuals also. So, in the end, the people who created this evil will present themselves as our saviors by making us an offer we will have no choice but to accept. Accept our one-world currency in place of all other currencies, including the US dollar, and we'll bail you out. As I said, they will leave us with no other choice but to accept. And due to their power of absolute secrecy, all we have the power to do is watch the show. Federal Reserve Chair Jerome Powell warned that the nation's unemployment rate could soar to 25 percent. Powell says a full economic recovery may not happen without a vaccine."Full Recovery Could Take Until End Of 2021. Will Require A Coronavirus Vaccine," Powell said in an interview with CBS’s “60 Minutes”.Why would a cartel banker/beancounter have a say as to whether a vaccine is needed or not? "Just following orders" will not be a defense, Powell. So, Fauci, the MD, became an economist, and Jerry Powell, the economist, is now a doctor. Do we live in a bizarro world ,or what! Those who wish to inoculate themselves against this flu should do so. If it works as advertised, they have their immunity. Those that do not wish to take the vaccine pose no threat to them. Compelling the rest of us to be vaccinated is going to be an interesting operation. A vaccine or market manipulation either will do it. The Fed has launched a series of efforts to keep markets functioning properly and has teamed with the Treasury Department on a variety of lending programs aimed at businesses and individuals. In addition, the Fed is buying corporate and municipal bonds. That’s come amid burgeoning unemployment crisis that has seen 36.5 million Americans file unemployment claims and the unemployment rate rise to 14.7%. Wall Street is just like Washington DC. It runs on loopholes. All you have to do is learn your way back and forth through the Maze of stupidity. The same people who sell the panic, sell the vaccine. Before COVID, there were 162 Million active workers. Current reports indicate there are 36 Million unemployed: so its at least 22%. However, this does not include part-time workers that were laid off and unable to file for unemployment benefits. It also does not include workers that have their hours cut. This party is just getting started . By this summer, the unemployment rate could top 40%, as the momentum builds. Those 36 Million workers aren't spending as they did. Probably more than 100 Million workers have dramatically cut spending. This is going to drive unemployment up much higher. Even if all states open up tomorrow, it is not going to be a return of business as usual. People are going to be reluctant to spend money, travel, eat out, etc., until they feel confident that the virus is gone and that the economy has stabilized. It is going to take many years. It took the US about ten years to fully recover from the 2008 crisis, and this one is much worse. People on the minimum wage have to spend 100% of their wages to survive. Billionaires spend 1%, with 99% disposable. They live, as opposed to surviving, on this. National Suicide, Expected to soar . The shooting starts shortly after the USD FRN reaches its intrinsic value as electrical bits and poorly absorbent toilet paper. Losing may be winning if the stupid masks, closures, distancing, handouts, bailouts, negative interest rates, alleged forced vaccination plans, etc. Turn fattened human flocks of idiot sheep into lean, hungry packs of intelligent wolves. Exciting times. That's what happens when counterfeiting enables deficit spending. Eventually, the world will realize the dollar is worthless with all this printing. Then this debt will be an issue and only an internal issue for us the Peasants. "It's the money, stupid." Founding Father axiom. It all depends on whether the US loses reserve currency status over a long period or a short period. The national debt is ballooning, and one day we would default on it. Math can only be stretched so long until an unstoppable force meets an immovable object. During 2008 bailouts, experts were saying, now is not the time to worry about the debt, we can address it once were past the crisis . The debt was never addressed, other than the Bowles/Simpson plan...which failed. I'm hearing the same thing now about this crisis and the staggering debt being piled on. Another frightening number on that debt clock is that of the total value of global derivatives. Judging by the fast-rolling number counter, it appears it's increasing by over$ 2.0m a second! Mind-blowing numbers, all just waiting to collapse when the defaults begin. Ever heard of 'marginal change' ?. The effect of one more unit on the whole. A sinking boat and that one pint of extra water that sends it to the bottom. A sinking economy with a Fed deficit. The effect of one more dollar of debt. The closer you get to the breakpoint, the more important the marginal change. Are we there yet? If not $25 trillion, then 25.1 trillion, 30 trillion, 400 trillion. Has it already happened? Is the economy finished, and we just don't know it? Already the word is out there is a massive problem. Interest rates are being forced lower because the country cannot afford to pay interest on the current debt. With low-interest rates, no one with a brain wants to lend the US money. The Fed has to step in. Now, the debt is faux debt (just zeros on the Fed balance sheet)-- and ready to implode. If this is not warning enough, what is? When I activated the US Debt Clock Time Machine for the year 2024 -- just four years from now -- it showed that at the current growth rate, we would see a national debt of $43.6 trillion! In four years! That is unsustainable! Something must be done right away to bring it down, or a disaster will occur within the next few years. America must pull its head out soon, or a calamity will soon occur! This is digital Weimar Currency. They won't even have the problem of printing on one side of a bill . That's why we are going to experience a monetary reset. This apparently happens to every monetary system not tethered to something that can't be printed out of thin air. That being said, The deficit can reach 50 Trillion or 100 Trillion! The small business issue came from the shutdown and excessive regulations for the most part. It will eventually become a problem, and the system will collapse. This shitshow will only get worse until the final collapse. So expect the unimaginable all the time going forward over the cliff. COVID was a convenient excuse the crash land this debt loaded, massively leveraged economy. The string-pullers opted for flight 1549 in the Hudson River rather than the Hindenburg zeppelin exploding and going down in flames. Strange how the Pandemic is so well coordinated and the New World Order "elites" are ALL singing the praises of an as-yet non-existent vaccine, which clearly is going to be compulsory with the implied threat of military force. The death rate in the non-high-risk groups, even using the inflated mortality numbers, is around 0.1%, so what is the scientific basis for a compulsory vaccination for all without any understanding of the risk/benefit equation for low-risk cohorts (most of the population)! Other than the social control . There remains the medical ethical principle of "Informed consent." Well, I am informed, and I don't consent. What then? Why are we still pretending that Covid-19 is a particularly deadly virus and that we must destroy ourselves out of fear of it? All those who want to be locked up forever should just go ahead and lock themselves up forever and leave us the hell alone. Why do people with horrific plans always insist that we have to join their suicide pact for our own good? The Hong Kong Flu of 1969 was way worse than this WuTangFlu, and they did not shut down the economy. This is an intentional sabotage of the world economy. The aims are many - to impose a worldwide plutocracy served by tech stooges and psycho scums, to impoverish people to the level they won't ever protest politically, to overthrow the role of people in politics that is on the rise ever since 1789. Call it whatever you want, but this is no pandemic. Get ready for millions of bankruptcies, loan defaults, and bank failures. Millions of retirees will lose almost all of what was promised as big pension funds fail. Powell admits it will get very ugly, and no one knows how or when this ends. If reopening brings on wave #2 and they have to close it all up again, kiss any recovery hopes goodbye. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Three TRILLION $ more debt planned and Powell says now is not the time to worry about it, only when the economy has recovered. What The hell ! We haven't worried about it for the last two decades since Cheney said "deficits don't matter." Our great economy has never been anything more than a bubble pumped up by endless debt thanks to the Fed Bank. The wealthy are doing great , and the bottom 50% are unemployed, maybe forever. The banksters are loving it and want to keep us shut down to do the most damage. We are in real trouble. Pray for a miracle. Bailouts, more printing, baby print, print. Insanity continues. With negative rates looming and is coming, FED can’t raise any rates higher, is too late for that, so their only option is going reverse, you are going to see some funny thing happening. The economy has been sparling for a long time, and not only in the U.S. Unprecedented access to cheap cash, lack of any fiscal responsibilities, plus mounted with other policies and reality has also produced a fallout. Now Banks is put a tight lid on “Line of credit access,” which basically is putting small businesses folks in the cold and not to mention others who have to meet certain obligation is putting them in a state of what is a sense. Lady in Casino dancing for the bosses is starting to sweat. She realizes she is expandable and no longer can entice them. MMT/QE’s etc. And top with it, they will squeeze the last amount of breath from anyone. ECB/Fed/BOJ and other Central Banks around the world, and don’t think China is excluded, fiat is fiat they flow same way just the value is different, are on a collision course of facing final act. Total Bankruptcy and insolvent of nations due to internal debt which is way beyond understanding and external debt of the rations to GDP debt, which is already putting heavy iron plates on their shoulders. They will default, and not only the U.S but all of them will not meet their obligation. So next scheme is Digital, but the game is the same; bosses are well aware of their needs. They all soft defaulted in 2008 when all of the major Central banks started QE, and never really stopped. The issue is now that with the shutdown of essential production, it is going to lead to shortages, leading to price controls\rationing and inflation. The entire industrialized world is switching over to third world status. I very much doubt digital will work. It just makes it much easier to create inflation, and it is 100% dependent on reliable data & power to function. The Government digital currencies will likely be too easy to print when they need it and will quickly collapse in value. The Achilles heel of the industrialized world economies is tax revenue need to balance government spending with production. Tax revenue as all but collapsed, while essential government spending has gone to the moon. The U.S. is a dollar exporter, and both parties' donors won't allow anything else. If we ran a trade surplus, Wall Street's casino would close. The American people don't understand how corrupt this country is. The aim is to fleece the people quickly into debt slavery, where the shirt on their back is owned by banksters. The powerless people on the bottom of the food chain get hurt the most, but the fat cats with political influence are able to get the big bailouts. Basically, the Fed has de facto created Royalty in the world. They are the elites, rich, bankers, and the well connected. They know that no matter what.The Fed will save them. The working man has no chance. The head of the country's financial system, Jay Powell, is saying the answer to the country's woes is social distancing and forced injections by the military. America is already finished as a country. The dollar will lose its status as the world's reserve currency. It won't be long, and we won't be able to trade our pretty pieces of paper in exchange for real goods and services. The federal government will have to spend at least a trillion less than it does now. We won't be able to get away with our trillion-dollar trade deficit much longer either. We've been getting a lot of Chinese products at artificially low prices for a long time. An iPhone would probably cost $5000 if it was made in America. Expect the 2020s to be a lot like the 1930s. This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Pelosi Wants to Bailout K Street Corporate Lobbyists Despite The Ballooning National Debt !!

noreply@blogger.com (Politico Cafe) — Sun, 17 May 2020 11:15:00 -0700

👉Pelosi Wants to Bailout K Street Corporate Lobbyists Despite The Ballooning National Debt !!

The US is facing a federal deficit of $4 trillion in 2020. Meanwhile, Washington may spend as much as $8 trillion in the stimulus. 4T dollars deficit this year, And with all these stimulus bills, we are already over 4T dollars, it will be a lot more. Treasury will now have to borrow an additional $3 trillion just for the remainder of 2020. Plus, 6 trillion added on the Fed balance sheet. The elephant in the room is Inflation. When it comes, It will be unlike any that we have ever witnessed before in the US. The system obviously is at the end of its shelf life. This test run must be exceeding the wildest expectations of its "engineers." Trump's economy has fallen on deficit ears. Make America Poor Again. As tens of millions of Americans lose their jobs during this pandemic, Congress is struggling to come up with another bailout. We have more than 33 million Americans that have lost their jobs in the last seven weeks. Those numbers are going to go up again in the next day or two when we get the new reports. While millions of American workers are desperate for a stimulus package of their own. 82 years and the third wealthiest member in the house Nancy Pelosi, is trying to pass a bailout for the k-street lobbyist. These lobbyists,million-dollar lobbying firms would now suddenly be able to take money out of the paycheck protection plan, which is the small business loan program that's designed to keep these mom-and-pop businesses running. But instead, Pelosi came out and said we want lobbyists to be able to raid it because they've spent a lot of money lobbying to get us to bail them out. Every dollar will go to all her wealthy, liberal bloodsucking friends. Not a dime to anyone else. Don't be a picker Nancy; a quadrillion is the new trillion. We are going to lose the dollar anyway, go BIG!!! You can bet your bottom dollar that anything Pelosi is trying to do is bad for the country. Judicial Watch is reporting that Pelosi tried to strip Voter ID laws from 35 states in the last COVID Bill. Can you imagine how screwed up she has to be pulling that up, instead of worrying about people out of work getting some support for food! If the virus doesn't get us, our degenerate Congress will. K Street refers to the area in downtown Washington, D.C., where many lobbyists, lawyers, and advocacy groups have their offices. It’s become a term to refer to the lobbying industry as a whole. K Street is widely criticized for the influence it exerts over politicians. Analysts argue that lobbyists working for, say, the pharmaceutical industry is influencing legislation in a way that benefits the industry, rather than the ordinary Americans. So Nancy Pelosi is bailing out those who pay her, so she is expecting a kickback for bailing them out. A bailout for the people who's greed caused the crash. This is a Corporate, Bankers takeover! It’s to the point that these politicians received so much money from the corporations for selling out the people that they no longer care what people think because they’re set for the rest of their lives. If this doesn't show you there's not much difference between parties; You'll never get it. They realized that the stupid voters would keep re-electing them no matter what they do. The $2.2 trillion coronavirus relief bill was just the beginning of a Washington lobbying bonanza . But lobbyists are rushing to get a piece of the action in case it evaporates with a cratering economy. They are so eager to bail out their buddies on wall st first. They are the first ones that get paid first while America is treated as second class citizens. We are used as a piggy bank for the rich. With their hand in the jar first. All we Americans are doing is keeping the rich , richer at our expense. K street shouldn’t get one single penny from the US taxpayers! They exist for the benefit of rich corporations. Nancy Pelosi must be removed from office NOW! The whole of American politics should be put in the lunatic asylum. Don’t forget; these are elected members of the house. Change 50% of the folks, and you will change the USA. Don’t blame the symptoms, blame the cause. Now they're just making fun of you Americans. And you're not on the streets because they've scared you with the new corona that has the same number of deaths like every other flu season. The numbers don't lie, unlike the politicians and media that we caught endless times lying. Imagine how they must be laughing at you, hell, even I am laughing right now at how ridiculous the theft has become. Lobbyists are hustling to influence the rules dictating how the first bundle of the stimulus money will be spent, and looking ahead to how to get their clients’ priorities into the next mammoth spending package. The Trump/Pelosi Stimulus Scam gave 6 trillion dollars to corporations and banks. Nothing for 33 million unemployed workers. No UBI. No healthcare. No re-election. Democrats and Republicans betrayed workers. Corporate Democrats work right alongside corporate Republicans. It’s idiotic to think that the corporate “Democrats” are any kind of opposition to Trump. That’s theater. They WANT four more years of Trump; they rubber-stamp all of his legislation. They are running their worst candidate, Biden, because they want Trump. Both are owned by the globalists. Wake up already!! When will the people in this country will realize that both Republicans and Democrats don't give a damn about us, and this is one huge theft! It's totally out of control. They don't even bother to hide it anymore. CHANGE will never happen by continuing to support the corrupt system that oppresses you. Both Republicans and Democrats are stealing all the wealth for the 1% as fast as they can under the guise of a Pandemic. Just look over there (China) while we passed a fake Stimulus Bill that gave all the TaxPayers Crumbs. 6 Trillion and most of it was given to the Big Corporations. I bet most Americans really believe it's China's Fault when they repeat it enough just like Iraq with WMD. They are all on board for the Fleecing Of America. When you GIVE billion to corporate welfare, and you spend trillions on Military defense and then print money with no backing. What do you think would happen. Our government is corrupt to the very top. Our system will inevitably self-destruct by its very design. All it took was a trigger to set everything in motion, and here it is. Now, we HAVE TO abandon the system that's finally failed us, in favor of one that CANNOT fail us by ITS very design. Let's embrace TRUE CHANGE for once. And NOT the 'change' that politicians promise us. Don't allow ignorance to be the fatal downfall of yourself and those YOU love. Biden or Trump? Why even bother to vote? The USA needs a radical political reform. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The U.S. is printing money faster than the spread of coronavirus. At this rate, why don't they just let us all print our own on napkins; it will be as valuable as toilet paper. The limiting factor in the Weimar was ink, and the wages of the one group that could demand payment, the actual printers. Between the Fed printing, the mindless drooling Pelosi and toilet paper hoarders. I am surprised we have not killed every tree on the planet. They're going to print until the Dollar isn't even worth printing. Politicians are morons; they can't count. They have NO concept of how big of a number a trillion is. Every working American would have about $6k to pay for each $1T spent. (On top of whatever is there) . Therefore, the first $2T will consume about 20% of an average person paycheck. Now, this stupid cow wants another trillion dollars on top of all that! Americans can NOT afford this. Period! When you give away unlimited money, it shows what it's really worth. Here's how fractional reserve banking with debt-based fiat money works. Borrow $1 Trillion, that's debt. Banks lone out $10 Trillion, because $10 of loans with $1 debt reserve; the current reserve ratio is 10:1. The money supply grows by $10 trillion. Banks get about 10% interest on the loans, forever. You can't play this backward. You can't pay off the loans because paying it back shrinks the money supply, and the bankers have collected the interest already. It's all fun and games until you go bankrupt & lose reserve currency status. This does NOT sound positive for KING dollar. We are truly living in interesting times. According to most budget “experts,” Bush and Obama buried a combined $5 trillion in the sands of Iraq. Granted, over many years, but still burning it up would’ve been more productive. All this fake money is the root of all evil. Human existence has become nothing more than a scramble to keep your head above water for the privilege to continue scrambling to keep your head above water. It's when there is no food that gets really interesting! The only Bill I want to see from Congress is a balanced budget bill that reduces Government by 70%! We are now at the stage where we need to SHUTDOWN ALL government employee salaries, pensions, and health coverage. These are clearly extraneous expenses. Government employees, aka civil SERVANTS, ask not what your country can do for you. Ask what you can do for your country. It's time to step up to the plate as the patriots we KNOW you are and stop collecting YOUR paycheck for the good of this nation. We as a nation are under a state of emergency, so Mr. President I ask that you immediately under this emergency declaration cease and desist all payments to government employees and divert these resources to the productive citizens of these United States. Use the newly allocated monetary resources to invest in the facilitation of small businesses, the development of infrastructure, and the protection of the American way of Life, Liberty, and the Pursuit of Happiness protecting our Constitution and those unalienable rights. IT'S TIME. Things are becoming insane. The evil and perversion are getting worse, and governments and societies are collapsing. But yet so many people act like everything is normal. They go on with their normal daily lives like everything is fine, completely oblivious to the collapsing world around them. We can't keep going on like this, acting like everything is fine when the world is actually collapsing. Banks will reap the rewards of negative rates. Again, LEGALLY, they will reach into your account each month and withdraw funds while at the same time lending out 90% of your deposit and charge whatever RATE they like. It is legal theft on a grand scale. Enough with the Spending. To actually reduce the federal deficit, the real answer is “all of the above” cuts to spending and makes sure taxes are increased to cover actual costs. The idea that cutting taxes will somehow decrease the deficit was shown to be false when it didn’t work for President Reagan in the early ’80s. At least Reagan realized the deficit was dramatically increasing and passed a large tax increase in 1986 to at least minimize the deficit. Unfortunately, President George H. W. Bush made the foolish promise of “no new taxes” then realized that for the spending demanded of the Federal government, there was no option but to raise taxes. President Clinton sensibly kept vetoing tax cuts, and at the end of his term, the US had a budget surplus. Defense cuts. Entitlement cuts. Subsidies to energy and public land users. Reduction of federal agency workforce. When the economy is doing well, the budget deficit should be paid off so that in a downturn, there can be deficit spending to prevent a depression. Want a 21% cut in Federal spending? Eliminate interest on the debt by paying off the debt. Want to keep Federal spending down? When the economy is doing well, any increase in Federal spending must be paid for with tax increases. Want to go to war,no paying for it with existing revenues. Taxes go up to pay for it. This will make voters realize what the real cost of spending is. Want a rail system in your city? You pay for it, preferably out of the user fees. That is a way to get responsible spending of tax revenue. Otherwise, the continued deficit spending will result in even more tax dollars are simply going to pay interest. If the federal government now 'covers' the debt of the states that have spent irresponsibility, it will only encourage more of the same. Bankruptcy is the only sensible recourse for those states with all sides taking an equal hit, so it never happens again. That includes the banks, the Unions, and the bondholders. This so-called flu virus was there excuse to do Q E. to save there ass's..!!! It's the same ole song and dance again. Yup, everything is going according to the pandemic, I wonder if the sheeple will ever realize they lost their jobs, homes, and businesses for absolutely nothing. America faces an unparalleled economic catastrophe. What retail sales cratering tell us is two things. First, people stay home, in times like these, even if they can go out and shop. Second, they consume less because their optimism is gone. As the economy adapts to a permanently lower level of spending, a wave of businesses will have to shutters its doors, meaning today’s job losses become permanent, and that is how a whole economy grows poorer. A new pool of people will then have to compete for what jobs there are on offer. That will erode the bargaining power of workers, so incomes will fall further. And what jobs are on offer are dead-end, go-nowhere jobs mostly, anyways: "low wage service jobs," which is the modern American pundit’s way of saying: "you’re a servant all over again, just like your grandparents maybe were." Poof! There go whole centuries of progress. No, I’m not kidding. An economy of people driving Ubers and delivering Instacarts and selling pallets on Amazon isn’t one of the people reaching their potential. It’s not one of the great discoveries and breakthroughs and creativity and imagination, and freedom. It’s just one of soul-crushing menial labor. That is what it means for an economy to grow poorer. The human potential goes up in smoke, and history rewinds. Instead of that chance to become that great artist, novelist, scientist, entrepreneur, yes, you wind up a glorified servant. You could have been something, but now you drive an Uber by day and sell stuff on Amazon by night, just to put food on the table. As a result, society itself grows impoverished in the truest way of all the things you might have created. Maybe you would have discovered that cure, or written that chronicle of the pandemic, or made that documentary, or employed a few hundred people. Now? You’re just another servant, in an economy of them. This is what most economies through history have always been, sadly, and that is why progress means the freedom not to live in the servitude that comes from poverty. Depressions do more harm than we fully know. Americans haven’t suffered one in recent history, but they’re about to. And they’re about to learn, the hard way. Depressions are things for which we have no good words. The opposite of seeds: things which undo harvests and unmake gardens. They are like viruses of the human spirit. They take us backward in time, as they plunge us downwards into the abyss. Headlong enough that way, and you find yourself in a dark age. But that perhaps, is just where foolish, brutal, indecent men like Donald J Trump have always been living and want the rest of us to, too. Rest in Peace, American Economy. ZOMBIE BAILOUT NATION! Got gold? Real, physical gold? I feel that soon the public, the media and "investors" will not only learn why gold is essential but will also find out what today's "money" is good for This was The Atlantis Report. Please Like. Share. 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!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber : HOW REVOLUTIONS, WARS AND PLAGUES ARE HARBINGERS OF "GREAT CHANGES" IN ECONOMICS

noreply@blogger.com (Lisa Chapman) — Mon, 2 Mar 2020 14:45:00 -0800

Marc Faber : HOW REVOLUTIONS, WARS AND PLAGUES ARE HARBINGERS OF "GREAT CHANGES" IN ECONOMICS

Monthly Market Commentary: March 1st, 2020. By Marc Faber. Francesco Sisci, an Italian sinologist, writes under the title Doom or Renaissance in China after a Plague, that, “large plagues have been harbingers of great changes: the birth of the Islamic world or of the Renaissance, and the death of old institutions, like the old Roman and Persian empires and feudal culture." I also came across historian Walter Scheidel’s book The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, which argues that, throughout all of human history, only violent cataclysms and plagues have produced significant and long-standing reductions in economic inequality. Last month, I opined that, a severe coronavirus pandemic could tilt the global economy into recession and that therefore, it would be favorable for US Treasuries. Over the last twelve months, the long-term Treasury ETF (TLT) is up 30% and year-to-date 13%. By comparison, the S&P 500 Index is up 6% over the last twelve months, and is down 8% in 2020. US Treasuries remain inexpensive compared to European sovereign bonds and they are a great hedge against a further stock market decline. Near-term, Treasuries are very overbought but I continue to hold them because of my belief that the Coronavirus will tilt the global economy into a serious deflationary recession/depression. In recent reports I have explained that I was reducing my equity exposure to around 20% of assets and increasing my cash holdings. I want to warn my readers not to be complacent. If the Coronavirus is going to be as bad as I believe it will be, I would not be surprised if all asset prices declined. Most importantly, I suspect that the Coronavirus could be the event that pricks the monetary-inflationary credit bubble for good, depresses all asset prices, leads to severe economic hardship, and destroys central bankers. I am enclosing with this report an essay by my friend Kevin Duffy (duffy@bearingasset.com) entitled The Coffee Can Portfolio. It is a great read. Lastly, remember the words of the late Leon Levy: “For most people, the most dangerous self-delusion is that even a falling market will not affect their stocks, which they bought out of a canny understanding of value.” With kind regards. Yours sincerely. Marc Faber.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber Podcast on Gold, Inflation, and Emerging Markets

noreply@blogger.com (Lisa Chapman) — Wed, 26 Feb 2020 19:13:00 -0800

Marc Faber Podcast on Gold, Inflation, and Emerging Markets

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber Explains Rotten Western Democracies

noreply@blogger.com (Gordon Silverstein) — Mon, 28 Aug 2017 08:59:00 -0700

Marc Faber’s disenchantment with equity shares, especially US stocks, is well-known. However, it is not very often that the 80-year old veteran gives others an insight into his portfolio. Often referred to as Dr Doom, renowned investor Marc Faber — the author of Gloom, Boom & Doom report — said this week that he has allocated only a quarter of his portfolio to equities, and that too, mainly in Asia. The remaining three-fourths of Marc Faber’s money is mainly divided between real estate, precious metal and gold shares.

The reason is simple: Marc Faber is not a believer in the rally in the US stock markets, and seems to be openly opposed to the US President Donald Trump’s ideas! “Don’t be overly optimistic,” Marc Faber said in an interview to CNBC television earlier this week. Just before that, Donald Trump had tweeted: “Highest Stock Market EVER, best economic numbers in years, unemployment lowest in 17 years, wages raising, border secure, S.C.: No WH chaos!”

However, Marc Faber, as usual, was unimpressed. “If you look at the markets, there are lots of stocks that are lower, and significantly lower than they were at the highs. And so, it’s not an all-clear signal,” he said, adding that the risks have increased. Marc Faber pointed out to huge disparity between the returns in gold and gold ETF index. While the S&P index is up 23% since January 2016, gold has returned 20% in the same period. Meanwhile, the GDX, the Gold ETF index, is up by 80% since January 2016, indicating that the markets are very distorted and investors are in a very artificial environment, he said.

To counter this, as alternatives to US stocks, the perennially bearish investor invests in “very simple” areas of investment involving real estate, overseas equities and commodities. “I don’t change that asset location a lot, but I am aware that there is a risk because if equities go down, then obviously all my bonds will likely go down,” Marc Faber said.

He revealed that he allocates 25% of his portfolio in real estate, mostly in the Asian markets, adding that he has also taken exposure in precious metal and gold shares. In the same breath, Marc Faber added that the financials in Europe look reasonably attractive.

Earlier last month, Marc Faber, who seldom minces words, reinforced his preference for investing in India over the US on the back of a strong government led by Prime Minister Narendra Modi. Not only this he also described the US government as “corrupt like hell”, adding to his list of strong phrases to refer to the western administration. Earlier this year, he had used the phrase “rotten western democracies” while citing his preference to invest in India over the US markets.

- Source, Financial Express

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber : Modi's policies good for India

noreply@blogger.com (Gordon Silverstein) — Tue, 28 Mar 2017 07:52:00 -0700

Modi's policies are pro-growth and favourable for India: Marc Faber

Despite giving a thumbs up to the Union Budget proposals, MARC FABER, a renowned global investor and author of The Gloom, Boom & Doom report tells Puneet Wadhwa that India's spend on infrastructure remains insufficient. For the next 10 years, investors will be better off in emerging markets than in the US, he says. Edited excerpts: How do you see the Indian economy shaping up in the backdrop of global headwinds and the Union Budget proposals? The Indian economy is performing relatively well. In India, there is always this debate at what rate is the economy growing - be it 6%,

source

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

3 Reasons why The US Market is Going Down This Year

noreply@blogger.com (Gordon Silverstein) — Mon, 27 Mar 2017 08:17:00 -0700

The "very complacent" market is discounting three critical trends that could ultimately lead to a correction, Marc Faber, editor of The Gloom, Boom & Doom Report, told CNBC on Thursday.

The man also known as "Dr. Doom" said on "Fast Money Halftime Report" that foreign currencies, the U.S. economy and the Trump administration could all contribute to a significant dip.

Faber said the stability of the U.S. economy relative to foreign nations' economies has attracted capital to the United States, boosting the dollar and stock prices. But the trend could reverse, he said.

"I believe the time will come when the weakness of the euro becomes uncomfortable for the Europeans, specifically the Germans, and then there will be a reverse," Faber said. "And the dollar will go down, and the money that flowed into U.S. assets will flow out of U.S. assets, and so the market is more likely to go down."

And, while the U.S. economy looks strong relative to other countries', Faber contended that it is still quite weak based on indicators like tax receipts, car sales and personal consumption levels.

"I believe also the policies of Mr. Trump will actually not reduce the government," Faber continued, suggesting that the commissions President Donald Trump sets up to restructure government agencies will actually go against traditional Republican ideals.

"Plus, fiscal spending means essentially an expansion of the government, so that is not pro-growth in my book," Faber added.

And, while Dr. Doom did not shed light on the timing or financial impact of a potential correction, he said that he will share in the effects.

"We have roughly inflated asset markets. I also own shares, I also own bonds, and I also own precious metals. I also own real estate. So if asset prices go down, I suffer like you and everybody else," he said. "But at least I know that it can happen."

Appearing on CNBC's "Futures Now" in February, Faber predicted that a market sell-off could trigger a selling "avalanche."

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.