Tuesday, December 11, 2018

The Riots in France Are NOT Just About Taxes

by Robert Wheeler, The Organic Prepper:

The recent protests in France seem to have caught everyone by surprise, particularly the French government. Macron’s government seems to have underestimated the demonstrations and the determination of the protesters.

The Western media seems confounded in their attempts to understand or explain them and the rest of the world appears surprised that, in a “rich” Western nation, people could be so discontented over something that doesn’t involve race, gender, or whatever other flashpoint of social justice is being fed to them by MSM and academia, that they would take to the streets for weeks on end.


from H. A. Goodman:


Large silver deposit discovered in central China

from RT:

One of the world’s largest silver producing countries, China, has announced the discovery of a huge deposit with estimated reserves of at least 1,500 tons.

The deposit was discovered by geologists in Henan Province. It is part of the Zhonghe deposit area, which boasts 280,000 tons of lead and 320,000 tons of zinc, according to the Henan Bureau of Geo-exploration and Mineral Development.

Does Wall Street Now Have a Powell Put

by Michael Pento, Market Oracle:

First let’s explain exactly what a “Fed Put” is. A Fed put is defined as: The confidence of Wall Street that the Fed will lower interest rates and print money to support the market until economic strength will be strong enough to carry stocks higher. The term “Put” is ascribed to this because a put option is basically a contract that offers a buyer protection from falling asset prices. It was first coined under the Chairmanship of Alan Greenspan when he lowered interest rates and printed money to rescue Wall Street from its 22% Black Monday crash back in 1987. The practice of bailing out stocks was institutionalized by Ben Bernanke; and then became a bonafide tradition perpetuated by Janet Yellen.

The World’s Biggest Hedge Fund Is Getting Whacked, And Why “Moneyness” Matters


by John Rubino, Dollar Collapse:

A few years ago the Swiss National Bank (SNB) – which traditionally held “monetary assets” like government bonds, cash and gold to back up the Swiss franc — decided to branch out into common stocks.

This was a departure, but for a while a brilliant one. The SNB loaded up on Big Tech like Apple, Amazon and Microsoft, and rode them to massive profits, which enriched both the Swiss people and the SNB’s stockholders (in another departure, it’s a publicly traded company as well as a central bank).

Offshore Gold Storage

by Jeff Thomas, International Man:

If your gold is outside the US, it gives you another degree of insulation should the United States decide that you shouldn’t own it—it’s not a reportable asset.”
– Doug Casey, May 2017

I’ve been a holder of gold since the 1970’s. At that time, I was purchasing gold and silver for business reasons and found that, as the price was steadily increasing, I’d be wise to buy more than I needed immediately, as I’d most certainly profit from it in the near future.

Global Cops: Will US Jail Chinese Tech Exec?

from RonPaulLibertyReport:


The New Cash? Why Governments Don’t Like Cryptocurrency

by Steven Maxwell, Activist Post:

Cash is a problem for banks and governments. And, as we know, banks and governments are joined at the hip – each creating policies that strengthen the power of the other. It is no mystery, then, why we continue to see an acceleration in the “War on Cash.”  Cash creates a barrier to tracking and control and removes the ability to charge a wide range of processing fees and hidden charges. Cash impedes easy tax collection for governments, and creates the perception that governments are allowing crimes and corruption to occur without the ability to swiftly crack down on “evildoers.” Clearly, such an instrument would become the enemy to these institutions.

The October Meltdown Was ‘Bear Stearns’, Next Comes ‘Lehman’

by Graham Summers, via Silver Doctors:

Traders act as if the market is just “correcting” and will soon be off to new all-time highs. Graham Summers says the market will crash. Here’s why…

Traders continue to act as though the market is just “correcting” and that we will soon be running to new all-time highs.

That is NOT going to happen. It’s too late for that. The Fed screwed up, and we are already in a bear market.

The S&P 500 has broken its bull market trendline on a monthly basis.

Charles Nenner – We’re in a Bear Market

by Kerry Lutz, Financial Survival Network:

2555 is the low Dr. Charles Nenner expected on the S&P. He’s been out of stocks since January and thinks the decline will continue into first quarter of 2019. Today’s earnings look bad and the Treasury yield is down. Unemployment peak is negative for the economy. the smart money is moving out of the market and has been for quite a while. 60 year social unrest cycle has appeared (remember the 1960’s) and it’s just getting started. Oil price is telling us deflation is on its way. Commodity cycle is turning down. Long term oil is coming down to mid 30’s, Copper is coming down as well. Ag commodities look good in the long run. Home builders recent sharp decline is a great indicator of real estate cycles. Stay tuned!

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One tweet from top GOP lawmaker summarizes the absurdity of James Comey’s closed-door testimony

from True Pundit:

Testimony from former FBI Director James Comey’s closed-door session with lawmakers last week was released late Saturday, revealing, among other things, that Comey apparently is unable to recall key details of the FBI’s counterintelligence investigation into Russian interference in the 2016 presidential election and the Trump campaign.

In fact, Comey so frequently told lawmakers he could not answer their questions that a tweet from one top congressional Republican, Rep. Jim Jordan (R-Ohio), went viral over the weekend for noting the absurdity of Comey’s testimony.

Professor Laurence Kotlikoff – True U.S. Debt Over $200 Trillion

from StockPulse:


EU armored vehicles deployed against unarmed Paris protesters

from Fellowship Of The Minds:

Paris is burning.

David Vives reports for The Epoch Times that anti-government protests in France are growing ever larger as an estimated 125,000 yellow-vested demonstrators in Paris took to the streets yesterday, despite Prime Minister Edouard Philippe’s concession last Wednesday to scrap the tax hike.

The 4-week long protests, dubbed the Yellow Vest movement because of the yellow vests worn by the protesters as a symbol, began online in May 2018 as a protest against a gas tax hike (of about 25 cents a gallon) and metamorphosed into street riots against high taxes, eroding living standards, and what many see as the government’s indifference to the concerns of France’s regions and ordinary people. The movement has spread beyond France to Belgium.