Saturday, October 19, 2019

BITCOIN MILLIONAIRE PREDICTS SILVER WILL BE WORTH MORE THAN GOLD!

from SGTreport:

DavinciJ was one of the popular silver and gold bulls on You Tube back in 2010 and 2011. And then he discovered Bitcoin. he researched it, bought it and suggested others do the same. Under a Buck, but precious few listened. Now Davinci is a multi millionaire, but he’s still a silver and gold bug and he predicts that one day silver will be worth more than gold.

WILL YOU BE READY THE DAY THE DOLLAR DIES? — Bob Kudla

from SGTreport:

“There will be disruptions and dislocations”, the end of the dollar will come, the only question is, will you be ready when it does, says Trade Genius founder Bob Kudla. Kudla says that once the Dollar is bypassed “we will see gold skyrocketing and the stock market crashing.” It’s time to get yourself prepared.

Quantitative Brainwashing

by Jeff Thomas, International Man:

We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.”

Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole story.

When QE was implemented, the purchasing power was weak and both government and personal debt had become so great that further borrowing would not solve the problem; it would only postpone it and, in the end, exacerbate it. Effectively, QE is not a solution to an economic problem, it’s a bonus of epic proportions, given to banks by governments, at the expense of the taxpayer.

Time For More Physical Silver… And Zinc?

by SGT, SGT Report:

I’m buying more silver …and I’m following Keith Neumeyer’s lead by also increasing my exposure to zinc at these suppressed levels. The dwindling supply VS. growing demand gulf in silver, gold and zinc has grown too large because mining companies have been decimated by the cartel’s rigging of the prices of gold and silver.

Gun Owners Of America To Take NFA Before Supreme Court

by Tom Knighton, Bearing Arms:

The National Firearms Act is an insidious piece of legislation that I desperately hope to one day see relegated to the proverbial trash heap of history. The idea that we, law-abiding citizens who have done nothing wrong, should have to beg for permission to arm ourselves with certain firearms is practically begging to be shot down.

I just don’t know if I’ll see it in my lifetime.

However, it does appear that Gun Owners of America is doing its part to make my dream a reality.

The Establishment Must Undermine Alternative Economists As Crisis Unfolds

by Brandon Smith, Alt Market:

There is a notion within the mainstream media that certain economic indicators are unassailable; they never stop being reliable. The way they look at and report on the system is rather outdated and extremely limited in scope; showcasing and cherry picking only net-positive statistics, even if those stats don’t represent reality. The result is a kind of holographic view of the financial structure; a mirage of a healthy and vibrant foundation that simply does not exist.

This fraudulent view appeals to the masses for a time because it provides fuel for false hopes. In economics, an analyst must always account for two major factors: the hard math and human psychology. These factors tend to conflict during times when a financial bubble is present, and they tend to converge when such bubbles implode. One must never underestimate the power of public psychology, though. Even when the math is screaming that danger is present in the system, a naive and misinformed populace (coupled with central bank manipulation) can keep a dead economy in a state of profane reanimation for much longer than seems logically possible.

Crashing currency chaos spreads across the Global South

by Pepe Escobar, Asia Times:

The Iranian rial: crash. The Turkish lira: crash. The Argentine peso: crash. The Brazilian real: crash. There are multiple, complex, parallel vectors at play in this wilderness of crashing currencies. Turkey’s case is heavily influenced by the bubble of easy credit created by European banks.

Argentina’s problem is mostly to do with the neoliberal austerity of President Mauricio Macri’s government admitting it won’t be able to fulfill payment targets agreed with the IMF less than three months ago.

RACING OFF THE CLIFF

from SGTreport:

On Friday gold and silver popped IN TANDEM, the Dollar dropped and mining stocks rocked. The Fed has thrown in the towel and hyperinflation cannot be stopped says Trade Genius founder Bob Kudla who joins me to discuss this and the latest insanity from the liberal lunatic Left.

UPHEAVAL BEYOND ANYTHING YOU CAN IMAGINE IS COMING — Bill Holter

from SGTreport:
Bill Holter joins me for an economic update, and despite some good news and sunny musings from our President, Holter says there is upheaval coming that is beyond imagination. Holter notes that the annual payments on the national debt have surpassed $500 Billion and will soon eclipse national defense spending. And with the Fed continuing to raise interest rates, President Trump is quite right when he says his biggest threat is the Federal Reserve.

US Interest Rate Tsunami Waves Spotted Just Offshore

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by Michael Pento, Market Oracle:

We should all be familiar with the aphorism, “as real estate goes so goes the economy.” Anyone ignoring that economic axiom was completely blindsided by the Great Recession of 2008. Well, the collapse of the Everything Bubble most certainly includes the real estate market…and this time around will definitely not be different.

The plain and simple fact is that home ownership is getting further out of reach for the average consumer as mortgage rates rise. This is especially true for the first-time home buyer. The 30-year fixed rate mortgage is now the highest level since January 2014, 4.64%

21 TRILLION REASONS TO PREPARE

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from SGTreport:

Lior Gantz from Wealth Research Group joins me to discuss the economy, the future of the US Dollar and the 21 trillion reasons we should all be preparing for what comes next.

READY FOR THE GLOBAL RESET? — Lynette Zang

from SGT Report:

If you use the new Brave browser for 30 days, they’ll fund my channel with a little bonus! It’s 2X FASTER than Chrome or Safari, FREE AND PRIVATE! (Make sure you INSTALL it after downloading it) https://brave.com/sgt200

Lynette Zang returns to SGT Report to discuss the reasons she thinks the time for a global economic reset is drawing near. Thanks for tuning in.

Another Sears Holdings Spinoff Dies

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by Wolf Richter, Wolf Street:

Lowe’s finally seems to get the brick-and-mortar meltdown.

Orchard Supply Hardware – whose mission was, according to its site, “to be America’s neighborhood hardware and garden store focused on paint, repair, and the backyard” – is an iconic name in California going back to the Great Depression when it started as a non-profit co-op to supply farmers. But now it’s scheduled to die.

Its 98 stores in California, Oregon, and Florida will be closed, along with its distribution center in Tracy, California. Its 4,000 employees will be let go. Liquidation sales start Thursday.