Saturday, January 25, 2020

THE DARK YEARS ARE HERE II

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by Egon Von Greyerz, Gold Switzerland:

Hindsight is the most exact of all sciences. Most people who live their life backwards have a miserable life. Having been around for a while, I tend not to look back, especially not at negative events. Much better to embrace uncertainty since everything going forward from here is uncertain. We can’t do anything about the past but we certainly have more control over our future. And looking at the next few years, it does seem that these are going to be extremely turbulent both economically, socially and politically.

In spite of not normally looking back, I have had a look at a Newsletter that I wrote in July 2009 when gold was just over $900 and the Dow 9,100. It was called “The Dark Years are here” and received quite a lot of attention at the time. This was at the end of the sub-prime crisis when the Dow had just declined by 60% and gold had risen from $250 in 1999 to $925.

Burt Reynolds, Hollywood Legend, Dead at 82

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from Breitbart:

NEW YORK (AP) — Burt Reynolds, the handsome film and television star known for his acclaimed performances in “Deliverance” and “Boogie Nights” and for an active off-screen life which included relationships with Loni Anderson, Sally Field and Dinah Shore, has died at age 82.

His death was confirmed Thursday by his agent Todd Eisner. In a statement, his niece, Nancy Lee Hess, called his death “totally unexpected,” although she acknowledged he had health issues.

The NYT: Part of a Diabolical Anti-Trump Cabal

by Stephen Lendman, Stephen Lendman:

There’s plenty about Trump to criticize. The same goes for all US presidents, along with the vast majority of House and Senate members – notably since the neoliberal 90s, mainly post-9/11.

Profiles of courage in Washington are near-extinct. Rare exceptions prove the rule.

Long knives in the nation’s capital aim to oust Trump from office for the wrong reasons – largely comprised of undemocratic Dems, pro-Hillary loyalists, and the NYT-led dominant media.

Watch: John Kasich Says “John McCain Was Put to Death” (Video)

from True Pundit:

Just when you thought politics couldn’t get any crazier.

Enter John Kasich.

When he’s not eating a free lunch or stuffing his face at varying eateries, he’s saying Sen. John McCain was killed.

Freudian slip?

Swiss Blockchain Company Gains Regulator Approval, Seeks Banking License in 2019

by Ana Berman, Coin Telegraph:

Swiss blockchain startup Smart Valor has won approval from the country’s regulators to operate in the local financial market, Reuters reported September 5.

Smart Valor will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). The VQF is authorized by FINMA to check anti-money laundering (AML) compliance.

Status as a regulator-approved financial intermediary will purportedly give Smart Valor more credibility, as it will be actively supervised for AML compliance. However, it was not clear whether other blockchain-related companies in the country have won approval as financial intermediaries. Both FINMA and VQF declined to comment.

EU Enters “Final Stage” of Crafting Bill Forcing Big Tech Censorship

by Joseph Jankowski, Planet Free Will:

The European Union is in the final stages of crafting legislation that will force big tech and internet companies to censor “extremist” content and cooperate with law enforcement, Reuters reports.

The bill is expected to be released by the end of the month and will absolutely require companies such as Google, Facebook, and Twitter to swiftly remove any content considered terroristic from their platforms.

HRC in PANIC MODE! FLAWLESS VICTORY AWAITS! #NewQ #QAnon #GreatAwakening

from Neon Revolt:

I apologize. I’ve been running around like a nut, and between trying to get all sorts of things done and all the research and writing I had to do on that Palladian Skull and Bones Part II article, I just simply haven’t had a chance to address these drops as quickly as I would have liked.

So, let’s pick up where I left off, starting with post 2075:

OF FOSSILS AND STRUCTURES AND TIRE TRACKS… IN ANTARCTICA

by Joseph P. Farrell, Giza Death Star:

When Mr. M.S. sent me the link for the following video about the discovery of several “somethings” in Antarctica, I was, at first, inclined to hit the “delete” button, as I do with about 99% of videos people send me. Sorry folks, it’s just the reality of things: I simply do not have the time to watch videos from hundreds of people. But every now and then, one manages to pique my curiosity sufficiently that I have to watch. In this case, I was floored, flabbergasted, stunned, shocked; and there was more than just a queasy anxiety in the pit of my stomach, for if true, then it’s definitely confirmation that “something” is “up” down there.

Iranians Turning to Gold as a Currency Crisis Grips the Nation

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by Peter Schiff, Schiff Gold:

With hyperinflation gripping Iran and sanctions strangling the economy, Iranians are beginning to turn to gold to make everyday transactions, most notably to pay their rent.

The Iranian rial has depreciated rapidly since the US announced its withdrawal from the 2015 nuclear deal and the reimposition of economic sanctions. After the US formally announced it was pulling out of the deal in May, the exchange rate peaked at around 45,000 rials to the dollar. But that official rate was only available to well-connected bankers, importers and businesses. Average Iranians were paying twice that.  By July 29, money-exchangers in Tehran were charging around 100,000 rials for one dollar. Within 24 hours, it increased to 110,000 rials to the dollar.