Thursday, April 25, 2019

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Making Hard Choices During a Collapse: Lessons From Venezuela

by J. G. Martinez D., The Organic Prepper:

OK people.

Time of Revelations has come.

Jobless, just with some non-regular income here and there, and my 5 years worth of reserves almost entirely depleted, I am close to the bottom.

I have started to think that perhaps fleeing was not the smartest choice, given that we had some other alternatives that could be managed.

DHS to Face-Scan 97% of International Travelers Within Four Years

by ZH, via The Anti Media:

The Department of Homeland Security says that facial recognition technology will be used on 97% of passengers departing the US by 2023, according to The Verge.

Already deployed in seventeen international airports, including Atlanta, New York City, Boston, San Jose, Chicago, and two airports in Houston, DHS systems will photograph and scan passengers at their departure gate, cross-referencing their face against a library of face images from visa and passport applications, as well as those taken by border agents when foreigners enter the country.

We Give Up! Part 6: Federal Reserve “Resigned” To Blowing Bubbles

by John Rubino, Dollar Collapse:

After raising interest rates and getting slapped around by the markets last year, the Fed now appears to accept that future monetary policy can only be easy, even at the cost of ever larger and more destabilizing financial bubbles. On one hand this is a truly epochal change. On the other hand it’s just a recognition of the new normal in which central banks have already lost control.

From Bloomberg:

Fed Seems Resigned to Bubble Risk in Effort to Extend Expansion

Some Federal Reserve policy makers seem resigned to running a heightened risk of asset bubbles and other financial excesses as they seek to keep the economic expansion going.

Mueller Report – Cover-up for Real Crimes

from BATR:

If one listens to the Democrats or the mainstream media, the impression that is being fed to the American public is that the Trump investigation will just intensify. The sacred Grand InquisitorRobert Mueller once the darling of the witch hunt, is now a spineless hangman who failed to topple the king. After this tortured process of the Deep State cover-up, the central concocted reason for finding collusion with some imaginary Russian plot to fix the 2016 presidential election never provided the evidence to prove this establishment narrative. Pray tell; no boot licking toady would ever admit that the U.S. imperial empire ever intervened or staged subversion into foreign elections or governmental overthrows.

Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…

by Michael Snyder, The Economic Collapse Blog:

The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to remove a Republican president from office. In many ways, 2019 is starting to look a lot like 1973. For many Americans, the 1970s represent a rather depressing chapter in U.S. history that they would just like to forget, but the truth is that if we do not learn from history it is much more likely that we will repeat our mistakes. And without a doubt, right now a lot of things are starting to move in a very ominous direction.

Here’s an easy way to tell if your bank is actually safe

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by Simon Black, Sovereign Man:

March 15, 2013 was a pretty normal day in Cyprus. It was a Friday, and most people were looking forward to a relaxing weekend.

The next morning the entire nation woke up in horror. Their politicians had been up all night, negotiating with international lenders to provide an emergency loan to the country, and its banks.

It turned out that the banks in Cyprus were all insolvent; just like banks in the United States during the 2008 sub-prime crisis, banks in Cyprus had been making idiotic decisions with their customers’ hard-earned savings.

If “Getting Ahead” Depends on Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

by Charles Hugh Smith, Of Two Minds:

Given that the economy is now totally and completely dependent on inflating asset bubbles, it makes no sense to invest for the long-term.

Beneath the endlessly hyped expansion in gross domestic product (GDP) of the past two decades, the economy has changed dramatically. The American Dream boils down to social and economic mobility, a.k.a. getting ahead through hard work, merit and wise investments in oneself and one’s family.

The opportunities for this mobility in the post World War 2 era broadened as civil rights and equal rights expanded. The 1970s saw a disruption of working-class mobility as high-paying factory jobs disappeared, leaving services jobs that paid less or required more training, i.e. a college degree.

Alex Jones bullhorns White House, calls on President Trump to “go after big tech” censorship

from Intellihub:

“Stop big tech censorship.”

WASHINGTON (INTELLIHUB) — Radio talk show host and Infowars founder Alex Jones bullhorned outside the White House on Tuesday where he called for President Donald Trump to take action and put an end to big tech censorship.

COMEX Gold Reaches An Inflection Point – Craig Hemke (23/04/2019)

by Craig Hemke, Sprott Money:

A week ago, we discussed the obvious Bank program to drive the price of COMEX gold back to its 200-day moving average. Well, here we are.

If you missed that post, be sure to read it now, as understanding the how and why of this latest price smash is critical to anticipating what is coming next.

• https://www.sprottmoney.com/Blog/shades-of-2013-cr…

 

Since the April 10 release of the March FOMC minutes, the price of COMEX gold has experienced a counter-intuitive drop of over $50. 

Cartel Batting 0.666

by Turd Ferguson, TF Metals Report:

The Bankers have reached their target.

Today’s price slam marks the sixth day in the past nine where the price of Comex Digital Gold has been suddenly and deliberately slammed at/near 8:30 EDT. We wrote about this last week and, unfortunately, we have to write about it again today.

Here’s the post from last Tuesday and the post we wrote for Sprott later that morning. You might go back and review both:

And now, with another slam today, that began just a few minutes behind “schedule” at 8:39 EDT, here’s an updated chart of the past 10 days. These are 10-minute price and volume periods. If you look closely, you might notice a pattern…