Tuesday, November 29, 2022

A DEN OF VIPERS

from SGTreport:

The stock market is bouncing back from its worst December in history, is the bottom in – or are the banksters just flexing their muscle by illustrating their ability to crash the markets or raise them at will? Also, as the currency crisis spreads around the world, will precious metals and Bitcoin be the story in 2019? Bob Kudla joins me to discuss.

https://www.youtube.com/watch?v=RRW7UcZMZkQ

Keiser Report: ‘Oligarchic America’ (E1091)

from RT:

In the second half, Max interviews economist and columnist, Alejandro Nadal, about Trump’s wall and exiting from the Nafta trade deal.

Monetary Metals Don’t Need a “Gold Standard” Proxy System

by Clint Siegner, Money Metals:

President Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. That triggered a flurry of superficial and derisive references in the controlled media to Shelton’s past support of a gold standard.

For example, CBS News described her as “a believer in the return to the gold standard, a money policy abandoned by the U.S. in 1971.” According to the story, “mainstream economists believe it’s a fringe view.”

As the “mainstream” media portrays sound money advocates, we apparently are nostalgic for the monetary system that existed all the way up until 1971.

Red Alert Economic Collapse Update

by SGT, SGT Report:

This is a red alert economic collapse update.

The state of Illinois is now on fiscal death watch after a District Court ruling on Friday demanded that the state pay back its debts at an accelerated rate.

Federal judge Joan Lefkow in Chicago ordered Illinois to come up with hundreds of millions of dollars it owes in Medicaid payments that state officials say the government doesn’t have, the Chicago Tribune reported.Judge Lefkow ordered the state to make $586 million in monthly payments (from the current $160 million).

Why the World’s Central Banks hold Gold – In their Own Words

by Ronan Manly, BullionStar:

Collectively, the central bank sector claims to hold the world’s largest above ground gold bar stockpile, some 33,800 tonnes of gold bars. Individually within this group, some central banks claim to be the top holders of gold bullion in the world, with individual holdings in the thousands of tonnes range.

This worldwide central bank group, also known as the official sector, spans central banks (such as the Deutsche Bundesbank), international monetary institutions (such as the Bank for international Settlements) and national monetary authorities (such as the Saudi Arabian Monetary Authority – SAMA).

These institutions hold gold as one of their reserve assets. Any gold held by a central bank as a reserve asset is classified as monetary gold. In addition to monetary gold, central bank reserve assets include such things as foreign exchange assets (such as US Dollars) and IMF Special Drawing Rights (SDRs). In general, reserve assets held by central banks are managed according to the criteria of safety, liquidity and return.

Is The Silver COT Bullish?

by Dave Kranzler, Investment Research Dynamics:

There’s been an abundance of commentary on the net long position of the “Swap Dealers” in Comex silver futures per the COT report. As of the latest COT report, the Swap Dealers are net long almost 22k silver contracts. This is unprecedented. At the same time, the “Large Speculators,” the majority of which is comprised of the “managed money” (hedge funds) sub-component, are net short nearly 17k silver contracts. The data my business partner tracks goes back to April 2004. In that period of time, the Large Speculator category has never been short until February 2018.

On the surface, the silver COT report appears to be extraordinarily bullish. However, there’s a bigger picture not discussed by “COT” analysts that includes the other segment of the large “Commercial” category and the COT structure of gold.

Is The Nationwide Coin Shortage Being Used To Push Us Toward A Cashless Society?

by Michael Snyder, The Economic Collapse Blog:

The coin shortage in the United States is becoming quite severe, and a lot of people are deeply concerned about where this might be leading us.  But if you don’t run a business or deal with coins on a regular basis, you may not even know that it is happening.  On Monday, my wife told me that a lot of people on Facebook were talking about this nationwide coin shortage, and then on Tuesday Ricky Scaparo posted a couple of news stories about it, so I decided that I better start looking into this.  Because if this coin shortage is going to be used to push us toward a cashless society, that makes it a really big deal.

Silver Purchasing Power

by Gary Christianson, Miles Franklin:

We know:
a) Federal Reserve and U.S. government policies devalue the dollar—down about 98% since 1913.

b) US. government spending is out of control, increases every year, regardless of revenues, and shows no sign of plateauing or declining.

c) Few people encourage balanced budgets and LESS spending. All government agencies, lobbyists, congresspersons, military contractors, and many corporations encourage MORE spending, and by necessity, more debt.

d) Debt based fiat currency units “printed” almost without limit enable deficit spending.

WHAT IF WE EXAMINE PRICES IN TERMS OF SILVER?

ERIC SPROTT LOVES THIS GOLD CO. & JUST TOOK A BIG POSITION

from SGTReport:

Blair Naughty, the CEO of Great Thunder Gold joins me to talk about the stat of the state, precious metals, the Great Reset, and why legendary investor Eric Sprott took a big position in this gold exploration company.
https://greatthundergold.com/
MUST HEAR: Elites Ushering in Communism 3.0 — Martin Armstrong
http://thephaser.com/2020/11/must-hear-elites-ushering-in-communism-3-0-martin-armstrong/

MUST WATCH: PUTTING THE PUZZLE TOGETHER – ARE YOU READY TO SEE WONDERLAND? 5thaveanon

from UNIROCK:

Why did the crumbs lead us from New York city to the EU, and why? some say at&t and Nokia had something to do with it, but in reality, all roads lead to the same place.

https://www.youtube.com/watch?v=CjXwkpEdoFw

THIS WAS THE LAST STRAW. — BOB KUDLA

from SGT Report:

Bob Kudla the founder of Trade Genius joins me to discuss the issue of censorship, precious metals and cryptos. This interview was recorded on Wednesday, June 12th. On Thursday June 13th, You Tube terminated the Black Pigeon Speaks channel. I was so outraged that I interrupt this interview at the 10-minute mark to provide an update about big brother’s censorship and how our collective outrage can be used to right these horrific wrongs.

https://www.youtube.com/watch?time_continue=2088&v=8lu1fYzTEPU