Friday, June 21, 2024

Globalist Agenda, Digital Currency & the Catholic Church Takeover with Br. Bugnolo

from Dr. Jane Ruby:

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

D E V O L U T I O N — Todd Callender & Dr. Lee Vliet

from SGT Report:

Attorney Todd Callender and Dr. Lee Vliet are back to discuss current events, the Karen Kingston situation and the possibility that DEVOLUTION is real. Pedo Joe Biden is the President of the bankrupt US Corporation and Donald J. Trump is the rightful President to the Republic of the 50 states. And the evidence and truth about the 2020 election coup will soon be known to all.

Protect Your Retirement w/ A Gold or Silver IRA from NOBLE GOLD:
https://www.sgtreportgold.com/
*** Call 877-646-5347 ***

Mega Banks Take Down Stock Prices after a Fitch Warning About a Possible Downgrade to JPMorgan Chase and Its Peers

by Pam Martens and Russ Martens, Wall St On Parade:

Yesterday, the Dow Jones Industrial Average took a tumble of 361 points by the closing bell. Numerous headlines attributed the big decline to a weakening economy in China. But the actual trigger for angst among traders was a headline at 5:30 a.m. EDT yesterday at CNBC. The headline read: “Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase.”

JPMorgan Chase is not just the biggest bank in the United States in terms of assets and deposits. It is the biggest bank in terms of its derivative exposure. According to the federal regulator of national banks (those operating across state lines), the Office of the Comptroller of the Currency (OCC), as of March 31, 2023, JPMorgan Chase Bank had assets of $3.2 trillion and derivative exposure of more than $59 trillion notional (face amount).

The Economy Is “On The Brink” Of Collapse

by Mac Slavo, SHTF Plan:

October 29th marked 94 years since Black Tuesday and the start of The Great Depression. Thanks to the unlimited amount of fiat currency the Federal Reserve is willing to loan to the ruling class in order to propagate wars and depopulate the planet, we are on the brink of experiencing another economic collapse.

According to recent financial statements prepared by the U.S. Treasury Department, “the current fiscal path is unsustainable,” and there has not yet been a federal agency that disagrees with that statement. The nation’s interest-bearing debt just passed $33 trillion and is expected to surpass $50 trillion within the next 10 years, according to North Jersey.

An Answer Long-Overdue

by Ted Butler, Silver Seek:

One of the key data points in silver is the level and change in recorded bullion inventories, primarily in the COMEX warehouses and the silver ETFs. Particularly over the past few years, any number of daily commentaries have sprung up, slicing and dicing the inventory data, with special emphasis on the COMEX warehouse data, as total inventories there have fallen from roughly 400 million oz (the all-time high) at the start of 2021, to 266 million oz today, a decline of a third and supportive of a physical shortage.

World’s Largest Pension Fund To Diversify Into Bitcoin As BitMEX Sees Price Flash-Crash Below $9,000 Overnight

from ZeroHedge:

Crypto exchange BitMEX is currently investigating “unusual activity” involving large sell orders on its BTC-USDT spot market overnight that sparked a flash-crash dragging the price of BTC (in USDT) down below $9,000 (while the price remained above $66,000 on other exchanges)…

Doesn’t seem like a very smart move for the ‘rogue seller’ to dump over 400 BTC at that time of day into an illiquid market – why not wait until the US BTC ETF market is running its magic and sell into that liqudity?

The 3 Layers of Financial Preparedness

by Daisy Luther, The Organic Prepper:

As our banking system implodes all around us, you may be wondering how on earth we can be financially prepared for the future in a world where our national currency is at extreme risk. While it’s easy to say, “Invest in precious metals,” it’s also important to know that PMs, while important, aren’t your first layer of financial preparedness.

In this article, I want to talk about how to layer your financial preparedness to help yourself through the tough days ahead. Keep in mind that you may not be able to delve into every single layer, and that’s absolutely fine – you have to prep for your unique financial situation just the same way you prep for your unique living situation. Being realistic is the key.

IT’S NEARLY GAME OVER FOR THE METALS RIGGERS — DAVID JENSEN

from SGT Report:

The silver rigging big banks are getting awfully close to the end game. Analyst and metals mining expert David Jensen returns to SGT Report to ask the question are global bullion bankers ramping silver trading volume in Shanghai to acquire liquid and exportable silver bar stocks to cover their short positions in London and NY as claims come due?

Protect Your Retirement W/ a Gold and/or Silver IRA:
https://www.sgtreportgold.com/
or CALL( 877) 646-5347 – Noble Gold is Who I Trust!
——
Nature’s Morphine? Medical scientist Clint Winters discusses the incredible pain relief effects of 100% Drug Free Conolidine. This changes pain relief FOREVER: https://trycono.com/SGT

David’s Substack:
https://jensendavid.substack.com/about

Reuters: Russian Bank Could Return to SWIFT Banking System

by Angeline Tan, The New American:

On September 8, Reuters news agency reported that Russia’s major agricultural lender, Rosselkhozbank, might obtain access to the SWIFT international banking system as early as this month, according to a UN letter dating back to late August. The news agency elaborated that the move was to prompt Moscow to return to the Black Sea grain deal suspended in July this year.

Zimbabwe is launching gold-backed digital tokens: What you need to know

by Myra P. Saefong, Market Watch:

Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from hyperinflation and its currency continues to diminish in value.

The move is an “interesting experiment to see if locals will warm up to a more stable currency and trust the nation’s central bank in its endeavors,” Peter Spina, president of GoldSeek.com, told MarketWatch.

The Reserve Bank of Zimbabwe said it was issuing the gold-backed digital tokens in a move to “expand value-preserving instruments” available in the nation’s economy, as well as “enhance the divisibility of the investment instruments and widen their access and usage by the public.”

“The Only Safe Asset” – Chinese Consumers Overtake India In Gold-Buying Frenzy

from ZeroHedge:

Who could have seen this coming?

In November 2023, with gold trading around $1900/oz, we highlighted the beginning of a precious metal buying-binge from China, noting that the prcie for physical gold had never been more expensive at the time (while western gold prices were still below their prior record highs).

PBoC in a Hurry to Buy Gold: Covertly Bought 593t of Gold YTD

by Jan Nieuwenhuijs, Gainesville Coins:

The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system.

Based on information from industry sources and my personal calculations, total gold purchases by the Chinese central bank (reported and unreported) in Q3 accounted for 179 tonnes. Year-to-date the PBoC bought 593 tonnes, which is 80% more than what it bought in the first three quarters last year. Its total estimated gold holdings are 5,220 tonnes, more than twice what’s officially disclosed at 2,192 tonnes.

RAFI FARBER: RATES ROCKET AGAIN WHILE METALS HOLD THEIR GROUND

from Arcadia Economics:

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

The real failure of “trickle down economics”

by Claudio Grass, Claudio Grass:

Part I of II

For decades already, one of the most popular and commonly employed attacks of Keynesians and other left-leaning economists was the one against the idea of “trickle down economics”. They ridiculed the notion that a rising tide lifts all boats or plainly put, the obvious fact that when job creators thrive, so do the people that hold those jobs and sustain themselves and their families thanks to them.