Saturday, April 10, 2021

What Could Go Awry?

by Charles Hugh Smith, Of Two Minds:

All of which sounds very pretty indeed, but it does raise a question: can risk really be destroyed, or can it only be transferred? And if it can only be transferred, then what’s it been transferred to?

What a remarkable moment in time: every asset is lofting higher, with no limits in sight. The path ahead is already well-scouted: the U.S. economy will add a million jobs a month until the cows come home, Covid will continue fading until it basically disappears as an issue, the dollar and volatility will continue their death-march toward zero (good for risk assets), oil and commodities are entering a new super-cycle of growth, as are stocks, bonds (now that pesky yields are falling), cryptocurrencies and housing– all are entering super-cycles of high growth and essentially limitless expansion of speculative gains.

BIDEN IS GUTTING THE U.S. ENERGY SUPPLY

Joe Biden and his administration is in the process of destroying multiple U.S. energy sectors and the energy independence of our nation which was achieved under President Donald J. Trump. This is horrible news, and we should do everything in our power to reverse it, but in lie of that, there is one energy sector which is poised to profit from Joe’s NWO “green dreams”. CEO Scott Melbye joins me to discuss.

This Economic Depression Has Left Very Deep Economic Scars All Over America

by Michael Snyder, The Economic Collapse Blog:

The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020.  We have never seen that many businesses wiped out in such a short period of time in the entire history of our country.  Meanwhile, we have seen a tsunami of unemployment that has been absolutely unprecedented.  More than 70 million new claims for unemployment benefits have been filed during the pandemic, and the number of new claims each week continues to hover at a level that is about three times as high as we witnessed before the pandemic.  Currently, the Economic Policy Institute is telling us that “25 million American workers are either unemployed, underemployed or have pulled out of the workforce entirely”.  This economic depression has already been extremely painful, and many experts believe that a whole lot more economic pain is still on the horizon.

The essence of The Great Reset

by Jon Rappoport, No More Fake News:

Wikipedia: “John Dewey (October 20, 1859 – June 1, 1952) was an American philosopher, psychologist, and educational reformer whose ideas have been influential in education and social reform. He was one of the most prominent American scholars in the first half of the twentieth century…Dewey was one of the primary figures associated with the philosophy of pragmatism and is considered one of the fathers of functional psychology.”

Good evening, ladies and gentlemen and other genders. I am Field Marshal Hermann Mao Octavio Pinochet Dulles, Chairman of the Joint Philosopher’s Committee of the World Economic Forum, the Bilderberg Group, the Trilateral Commission, the CFR, and the CDC/WHO.

American Gold Eagle Bullion Coin Sales Hit 20-Year High in Q1

by Peter Schiff, Schiff Gold:

While gold prices have languished over the last few months, smart investors have taken advantage of the low prices and loaded up on physical gold.

For Q1, the US Mint reported its highest quarterly American Gold Eagle sales in more than 20 years.

According to its data, the US Mint sold 412,000 ounces of American Gold Eagles in varying denominations through the first quarter. It was an 88% increase over the first quarter of last year and the largest quarterly sales volume for American Eagles since Q3 1999.