Tuesday, February 7, 2023

Stocks and Precious Metals Charts – One Day In Texas

from Jesse’s Café Américain:
“Beware the Jabberwock, my son!
The jaws that bite, the claws that catch!
Beware the Jubjub bird, and shun
The frumious Bandersnatch!”

Lewis Carroll

“Grigory Yefimovich Rasputin—
spiritual advisor to the Romanovs.
In 1916, at a dinner in his honor,
he was poisoned, shot stabbed,
clubbed, drowned, and castrated.”

Hellboy,
2003

“A shudder in the loins engenders there
The broken wall, the burning roof and tower
And Agamemnon dead.

“A Stock Market Crash is Coming!”

by Gary Christenson, goldstockbull:
Conventional “Wisdom:” Markets move up and down, but the stock market always comes back. The DOW is frothy and needs a correction, but the stock markets are healthy and big gains lie ahead.

Pessimistic version:  Jim Rogers said, the next crash will ‘the biggest in my lifetime.’[Coming soon …]

Question:  Given the craziness in politics, the Middle-East, Central Banking, and global debt levels …  do you own enough gold bullion?

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing

by Mark O’Byrne, Gold Core:
– Gold hedge against currency devaluation – cost of fuel, food, housing
– True inflation figures reflect impact on household spending
– Household items climbed by average 964{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}
– Pint of beer sees biggest increase in basket of goods – rise of 2464{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}
– Bread rises 836{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}, butter by 1023{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} and fuel (diesel) up by 1375{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}
– Gold rises 2672{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} and hold’s its value over 40 years
– Savings eaten away by money creation and negative interest rates
– Further evidence of gold’s role as inflation hedge and safe haven

Is Peter Schiff Against Bitcoin Because He Is A Globalist Insider Shill?

by Jeff Berwick, The Dollar Vigilante:
When mainstream media tries to drag bitcoin’s name through the mud, we get it. The mainstream media is owned by the same general group of people who own everything else including governments and central banks.

Of course, they are going to do everything they can to make bitcoin look as bad as possible. And they’ve done that, now declaring bitcoin dead 140 times. And that’s when they aren’t trying to associate bitcoin with things like the CIA’s drug running business or terrorist financing which Best Friends Forever (BFFs) Killary Clinton and Donald Trump do on a daily basis.

But when those not normally associated with the globalists try to say and do anything to demean bitcoin it makes you wonder whose team they are on.

Keiser Report: Make Bitcoin Great Again (Summer Solutions E1099)

from RT:

In this episode of the Keiser Report’s annual Summer Solutions series, Max and Stacy talk to Jaromil of Dyne.org about how to make bitcoin great again. As the great blocksize debate of bitcoin spills out into all out civil war, what are the solutions on offer and what exactly is the solution at the heart of the reason for bitcoin? They also discuss the flippening, ethereum and initial coin offerings and whether or not they are offering any solution to a real world problem.

Andrew Hoffman – Central Bank Credibility is Gone!

by Kerry Lutz, Financial Survival Network:
What’s Really Happening Wednesdays with Andrew Hoffman:

The End of Central Bank credibility, and beginning of the Age of the Printing Press
The Fed’s “tightening” cycle is over
The ECB’s balance sheet is as large as Japan’s economy
The BOJ’s balance sheet is equally large, and may drop it’s 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} “inflation target” tomorrow
Historic Precious Metal rebalancing opportunity
The Holy Grail of bullish silver statistics
The coming two week’s potentially historic Bitcoin “scaling” events
Etc., etc.

Click HERE to Listen

How can the Fed possibly unwind QE?

by Alasdair Macleod, GoldMoney:
There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the Fed’s balance sheet, which has expanded since the great financial crisis, principally through quantitative easing (QE). Is this not just common sense?

Maybe. It is one thing to wish, another to achieve. The Fed has demonstrated only one skill, and that is to ensure the quantity of money continually expands, yet they are now saying they will attempt to achieve the opposite, at least with base money, while increasing interest rates.

“They May Have Information We Don’t” – Are The Elite Preparing For A Cataclysmic Event?

by Mac Slavo, SHTF Plan:
As the world appears to be getting closer to the brink of widespread economic collapse and war, it seems we may all have something even more serious to consider: cataclysmic events.

Based on a flurry of reports, we know the Yellowstone Super Caldera has been quite active in recent weeks, with many warning that a super volcanic eruption could happen at any moment, threatening to potentially kill millions. Such an event would not be unprecedented according to scientists who subscribe to the Toba catastrophe theory, we suggests that a similar eruption may have been responsible for a near Extinction Level Event (ELE) 75,000 years ago that bottle-necked the human population down to about 10,000 people worldwide.

A Reason for Confidence in the Chinese Economy

0

Contributed by Brad Sebion, Moneyandtrading.com, SGT Report:
At the end of June, the Morgan Stanly Capital International (MSCI) global equity index gave investors a little more confidence to put their money in the Chinese economy. Starting in June of 2018, over 200 of China’s A Shares will be scaled into the MSCI index over a span of two years.

This process has been talked about for some time. Many in the investing world, rightfully so, question the authenticity of some Chinese companies and their accounting practices. Being added to the MSCI index will add credibility to these investments. With a large backing from Black Rock, this deal was pushed through.

BANK ASSETS ARE EPHEMERAL – HERE TODAY GONE TOMORROW

by Egon Von Greyerz, Gold Switzerland:
It is not only paper gold which is Fake. Few investors realise that most of their investments are Fake.

Fake news and Fake assets are everywhere. Let’s start with social media which dominates major parts of the world. Facebook for example has 2 billion active users. WhatsApp has 1.2 billion users and Instagram 700 million. There will obviously be quite a lot of overlap between the various social media. But what it is clear that these three Apps reach billions of people and their power is much bigger than that of any other media; Social Media has more impact than newspapers or than television and is the only media that 2-3 billion people follow regularly. Most people and in particular young people don’t watch television and don’t read the papers. They get all their “news” from social media.

The Fed Has Hit the ‘Pause’ Button

by Jim Rickards, DailyReckoning:
Last week the Fed raised the white flag on further rate hikes. There won’t be any for the foreseeable future.

No rate hikes are coming at the July, September or November Fed FOMC meetings. The earliest rate hike might be at the December 13, 2017 FOMC meeting, but even that has a less than 50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} probability as of today. I’ll update those probabilities using my proprietary models in the weeks and months ahead.

The white flag of surrender came in two public comments by two of the only four FOMC members whose opinions really count. The four voting members of the FOMC worth listening to are Janet Yellen, Stan Fischer, Bill Dudley and Lael Brainard.