Saturday, April 27, 2024

No ONE is ready for what’s coming with food prices, it’s going to be bad | Redacted w Clayton Morris

from Redacted News:

TRUTH LIVES on at https://sgtreport.tv/

THE BITCOIN BLACK HOLE

from SGT Report:

Bitcoin may well prove to be the only black hole perfectly suited to mop up the tens of trillions of fiat currency sloshing around the world. And not just fiat Dollars. Yen, Rupees, Lira, Yuan and every other rapidly debasing currency around the world is ready to flee into Bitcoin. Peter Schiff has been wrong about Bitcoin for 14 years, but he continues to be unrelenting in his hatred for the asset. I discuss the supply demand metrics and why I think Schiff will continue to be wrong with the President of My Digital Money Guy Goslak. https://www.mydigitalmoney.com/

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Mystery Gold Buyers Want It All for Themselves

from Birch Gold Group:

This week, Your News to Know rounds up the latest top stories involving precious metals and the economy. Stories include: Who’s the mystery gold buyer making big waves in the market?, gold hasn’t yet gained as much as the dollar has lost and how you know without a doubt that gold is being reintroduced to the monetary system.

New major buyer in the gold market has analysts puzzled

Even before it was trendy, we noted over and over how gold’s moves up are seemingly happening without obvious causes. (The fundamentals are there, of course – but based on them, gold price should have been much higher long ago.)

What the Rising Gold Price Signals

by Antonius Aquinas, Antonius Aquinas:

The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should.  Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies.

Naturally, the financial press, which is really an arm of the government and its central bank, wants to ignore, as much as possible, references to gold as protection against the continuing increase in the price level which itself has been deliberately understated by monetary officials.  The media and government understand that precious metals are the ultimate security against runaway inflation and economic collapse.

Crossing the U.S. Dollar Rubicon

by Craig Hemke, Sprott Money:

Over the past two years, whenever it has come up, I’ve sought to remind interviewers of the most significant financial action of 2022. After the political events of this past weekend, it’s time to discuss this again.

Of course you’ll recall the Russian invasion of Ukraine in late February of 2022. This was the most important geopolitical event of that year, and the ramifications continue to metastasize in 2024.

However, the most important financial event of 2022 occurred in early March of that year when the United States and the European Union combined forces to:

The Real Debt Problem

by Paul Craig Roberts, Paul Craig Roberts:

Someone sent me an article from something called Patriot Alerts, “Morgan Stanley Sounds Alarm On ‘Death Of US Dollar.’”

The death of the US dollar is not blamed on the Federal Reserve printing trillions of new fiat currency during the years of Quantitative Easing in order to bail out the difficulties of the 5 large banks. It is not blamed on the thoughtless US sanctions imposed on Russia, Iran, and other countries, the only effect of which is to encourage countries to abandon the dollar based system, thus causing a drop in the demand for dollars and US Treasury debt.

Legal Framework Set to Seize ALL Our Assets: What You Need to Know w/ David Webb

from Man in America:

TRUTH LIVES on at https://sgtreport.tv/

$300 SANDWICHES AND $2,000 SILVER — BIX WEIR

from SGT Report:

Bix Weir is back with breaking information about silver manipulation and lies. Get ready for $300 sandwiches and $2,000 silver. You can find Bix here: https://www.roadtoroota.com/

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“Seven F*cking Dollars!”: Social Media Influencer Rages After Paying $7 For An Apple At Whole Foods

from ZeroHedge:

We’re being told that Bidenomics is working and that inflation is under control.

Yet, when we see articles about shoppers in America paying $7 for an apple, it’s hard to make peace with the narrative the current administration is trying to convince its populace of.

That was the case last week when a Boston-based influencer took to Tik Tok to claim that she paid $7 for an apple – and only an apple – at a Whole Foods, according to a report by the NY Post.

Food Is Now An Investment – Here’s Why Inflation Isn’t Going Away Anytime Soon

by Brandon Smith, Alt Market:

One of the more difficult aspects of working in economic analysis is the problem of rampant disinformation that you have to dig through in order to get to the truth of any particular issue.  In this regard, economics is very similar to politics.  The propaganda is endless and debunking it sometimes feels like moving a mountain with a teaspoon.

Establishment media sources lie incessantly about our financial conditions, and when they are finally cornered and forced to admit how bad things are, they then lie about the causes.  That said, I find that these lies are usually designed to do one of two things:  Over-complicate the problem so that people give up thinking about it, or, distract from the problem so that people blame a scapegoat.

How high will GOLD and BITCOIN go?

from Health Ranger Report:

TRUTH LIVES on at https://sgtreport.tv/

AI, Gold and Nuclear War

by Jim Rickards, Daily Reckoning:

So-called artificial intelligence (AI) is taking the world by storm. Meanwhile, gold has shot up like a rocket over the past couple of months.

In mid-February, gold was trading at $1,990. Two months later, gold is trading above $2,400 — a $410 gain in just two months.

So here’s a question:

Is there a connection between AI and gold? It seems like an odd question. But as it turns out, the answer is yes. And surprisingly, there has been for decades. It involves the Cold War between the U.S. and the Soviet Union.

JIM WILLIE: ‘GOLD’S THE SAFE HAVEN WHEN THERE’S NO ESCAPING THE DEBT DEFAULT’

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

UBS Analysts Trigger Outrage With “Unbelievable” Gold Forecast

from Birch Gold Group:

This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Sky-high gold forecasts by top names, why the Middle East escalation proves gold’s run isn’t driven by military conflict and could a surprise interest rate hike push gold’s price down?

Global banks revise gold price forecasts, raising eyebrows everywhere

A recent call for $4,000 gold has been made. Which of our “usual suspects” was behind it? Frank Holmes? Alasdair MacLeod? Putin?

This Is The Weapon That Is Being Used To Destroy America’s Middle Class

by Michael Snyder, The Economic Collapse Blog:

The middle class in the United States has been steadily shrinking, and the gap between the ultra-wealthy and the rest of us has grown to absurd proportions.  But it wasn’t always this way.  When I was growing up in the 1980s, it seemed like almost everyone was middle class.  Of course there were wealthy people and poor people in the 1980s too, but the vast majority of the population was comfortably somewhere in the middle.  Sadly, things have changed so much since that time.  Today, most of the people that I know are struggling.  According to a report that was just released, in all 50 states it now takes an income of more than $100,000 in order for a family of four to live “the American Dream”…