Wednesday, November 29, 2023

Germany the Crisis in the Making

by Martin Armstrong, Armstrong Economics:

COMMENT: Marty, Germany is following your forecast, and even the courts just ruled that moving money from one designated purpose to another is unconstitutional. When will Germany wake up? Ukraine is destroying Europe, and they were the culprits that blew up the Nord Stream to hurt Russia but did more economic damage to Germany. Then Zelensky wants us to keep handing him money after he was responsible for our energy crisis. It is just unimaginable how idiots occupy our government.

Shrinkflation: Robbing Us Quietly in Back Alleys

by Michael Maharrey, Schiff Gold:

Inflation robs you of purchasing power by driving up the price of everything you buy. You see the impacts of inflation every time you go to the store. But sometimes inflation hits you in a more subtle way that’s difficult to see – through “shrinkflation.”

I experienced shrinkflation first-hand last weekend.

Inflation-driven rising prices don’t just hit consumers. In fact, they typically impact producers first. As the cost of materials, labor and equipment goes up, companies feel the pinch. Eventually, they pass those costs on to their customers.

Restaurant That Ejected Family of Trump Spokeswoman Closes!


by Bob Unruh, The Gateway Pundit:

‘Telling 2/3 of the local population’ they are unwelcome is not the best business strategy

Apparently telling two-thirds of the local population they are not welcome at your business is “not the best business decision,” suggests a report at National File about the closure of the “Commie Cluck” restaurant.


by Jim Quinn, The Burning Platform:

“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…”

The government collects $2.6 trillion of individual taxes at the point of a gun and threat of prison. Meanwhile they still operate at an annual deficit of $2 trillion. And this is before interest on the national debt starts to really skyrocket. Our Troll Secretary of the Treasury Yellen had the opportunity to lock in trillions of our national debt for 30 years at 2% rates, but purposely kept rolling it on a short-term basis.

The Biden Regime Plans to Import 65,000 Additional Foreign Workers to Put Downward Pressure on Working Class American Wages

by Jose Nino, Big League Politics:

The Biden regime has plans of importing roughly 65,000 H-2B foreign visa workers. Such an immigration influx will result in migrants taking blue-collar jobs from working class Americans. This comes at a time when millions of Americans are largely not participating in the workforce.

Late on November 3, 2023, the Department of Homeland Security (DHS) and Labor Department announced that they will let businesses import 65,000 additional H-2B foreign visa workers to gain employment in construction, meatpacking, landscaping, and other economic sectors.

JUST IN – Turkey’s central bank raises interest rate by 5% to 40%, a bigger-than-expected hike.

Capitalism’s Bleak Future: Homelessness, Inflation, Cryptocurrency with John Rubino

by Kerry Lutz, Financial Survival Network:

John Rubino is back… Did inflation just reverse course? What’s the difference between disinflation and deflation? Are stocks right to like the Fed pause? How hard do things have to get for the Fed to start easing? Leading economic indicators down for the 19th straight month. Bitcoin is rocking. Will we finally get an EFT, and what will be the impact? Argentina just elected a libertarian. China and Saudi Arabia central banks sign local currency swap agreement. Read John’s latest ZeroHedge article here.


from Ivory Hecker:



from The David Knight Show:


GoldSeek Radio Nugget — Robert Kiyosaki

from GoldSeek Radio:


The Pentagon Fails Another Audit – Trillions Missing

by Martin Armstrong, Armstrong Economics:

They say the Pentagon is the government’s favorite money laundering tool for a reason. It is comical that they even attempt to audit the Pentagon when they know the agency will fail miserably. The government spent $187 million to conduct the meaningless audit at 700 locations. This year, as with the year prior, only 7 of the 29 sub-audits passed. HALF of the claimed assets were nowhere to be found by the 1,600 hired auditors. How does trillions of dollars disappear?

Industrial Demand for Silver on Pace to Set Record in 2023

by Peter Schiff, Schiff Gold:

Industrial demand for silver is expected to set a record in 2023.

According to a forecast by Metal’s Focus in conjunction with the Silver Institute, industrial silver demand is on pace to rise by 8% to a record 632 million ounces.  Investment in photovoltaics, power grid, and 5G networks, along with growth in consumer electronics and rising vehicle output are key drivers behind the elevated industrial demand.

Latin American Leftists Melt Down over Javier Milei’s Presidential Victory in Argentina

by Christian K. Caruzo, Breitbart:

The unprecedented victory of Argentine libertarian economist Javier Milei in Sunday’s presidential election prompted a wave of outrage and dismay among Latin American leftists.

Milei defeated socialist and outgoing Economy Minister Sergio Massa on Sunday by more than 11 percentage points, becoming not just the world’s first libertarian president but also the most-voted president in Argentina’s history, with more than 14.4 million votes.

Ask the Expert – James Turk

by Craig Hemke, Sprott Money:

In this episode of Ask the Expert, host Craig Hemke and guest James Turk discuss:

  • The current state of the precious metals industry
  • Analysis of interest rates and their impact
  • Outlook on the economy, inflation, monetary policy and much more!

Watch the full video below.