Saturday, December 5, 2020

James Turk: Gold and Silver Solutions to Monetary Madness

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from The Daily Coin:

Over the past several months it has become quiet clear that we had best be seeking solutions for this ongoing monetary madness that will safe guard our our individual needs and future wealth preservation. This is not a great mystery nor is it some “theory” dreamt up by basement dwelling lunatic. All one needs to do is read the headlines around the world and the picture is as clear as bright sunny day.

I sat down with James Turk, Founder and Director, GoldMoney, author of The Money Bubble, co-written with John Rubino, Dollar Collapse and James has a new venture under the GoldMoney umbrella, Lend and Borrow Trust Company found at LendBorrowTrust.com to discuss solutions for our changing monetary world.

Just this past week we learned the state of Ohio’s civil employees pension fund is imploding. This is just the latest state operated pension program to begin to fray or completely implode. Detroit, CALPers, Teamsters all come to mind as these massive pension programs begin to unravel from years of mismanagement, underfunding and over-promising. We have documented this problem at length here at The Daily Coin and this is just one of the more glaring problems. We also have this whole unemployment issue, inflation issue and currency debasement issue.

These 4 issues could easily be defined as the 4 horsemen of economic apocalypse. No need to be that dramatic, but just know we are not discussing situations that can be easily corrected. With a few changes to ones personal world these issues can become non-issues.

Our world is changing. We endless unconstitutional war, madmen running the major central banks around the world and governments filled with corrupt to the core politicians. The good news is, at least the two major communist countries are making strides to improve the world through economic and geopolitical alliances like the EAEU, SCO, BRI and BRICS just to name the bigger projects.

Mr. Turk offers some great insight as to what is happening and how to overcome some of the challenges we currently face. Of course gold and silver are at the foundation of the solution as these have been at the foundation of the solution for more than 4,000 years. If you’re the foundation of a solution for that length of time, there could be a reason behind it.

The conservation begins with Mr. Turk introducing us to his new venture, LendBorrowTrust, which sounds a lot like the Silver Bank that Chris Duane, Silver Shield Xchange discussed with us just a few weeks back. This is a great solution to some of the smaller monetary issues but the really great news is how this solution brings gold and silver to the monetary world – and it can not be stopped.

Climate alarmists demand imprisonment of climate change skeptics … want to charge them with MURDER

by Tracey Watson, NaturalNews:

It’s official: The last vestiges of common sense have now finally gone out the window. The Washington Times is reporting that climate alarmists are calling for those who do not buy into the catastrophic man-made global warming narrative to be jailed … for murder! That’s right folks; if you don’t accept the idea that humans are causing temperatures to soar at an alarming rate and destroying the planet, you’re a murderer – and must be punished as such.

Recent headlines clearly reflect the increasing frustration felt by climate change fanatics.

A September 1 headline in Outline declared, “Climate change denial should be a crime,” with writer Brian Merchant claiming, “In the wake of Harvey, it’s time to treat science denial as gross negligence — and hold those who do the denying accountable.”

An article a week later in the Nation boldly stated that, “Climate Denialism Is Literally Killing Us,” with the writer angrily declaring that “murder is murder” and “we should punish it as such.”

These writers and other global warming believers claim that any who contradict or refuse to accept this belief – but particularly those in governmental and other positions of authority – should be prosecuted to the full extent of the law.

Alarmism has risen exponentially since Hurricanes Harvey and Irma made landfall in the States, with many – mistakenly – believing that global warming was responsible for their exceptional power and destructiveness. (Related: Preppers see Hurricane Harvey as a precursor for what’s coming; some disasters are just too big for governments to handle.)

Read More @ naturalnews.com

Look Around! Common Law Works. Government Statute Doesn’t.

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from Daily Bell:

How can something be considered a crime if there is no victim?

This is a problem. You can go through life making sure you don’t hurt anyone, and still break the law. Wouldn’t that be great if you could simply base your actions on common sense and respect for the standards of a community?

Instead, people must also make sure they don’t do anything labeled wrong by the government. Of course, it is impossible to know all the laws which the government has created. And what they call wrong is not always intuitive, nor offensive.

Government statute law goes beyond the resolution of disputes between individuals and groups. In contrast, the whole point of common law was to settle disputes in non-violent ways.

Now, there are third-party enforcers trolling around looking for a statute that has been broken. There doesn’t have to be a victim. No one has to have been wronged by the legal breach. They actually create conflict instead of resolving it. Their actions often lead to violent altercations, rather than deescalating disputes.

In an essay called “The Obviousness of Anarchy,” John Hasnas discusses the origins of common law, and how it was born out of anarchy. He says that clearly, no society can exist without governance. Part of the definition of a society is that it is somewhat organized and held together by common traditions. But that does not necessarily mean government, as the term has come to be understood.

In arguing for anarchy, I am arguing that a society without a central political authority is not only possible but desirable. That is all I am doing, however. I am not arguing for a society without coercion. I am not arguing for a society that abides by the libertarian non-aggression principle or any other principle of justice. I am not arguing for the morally ideal organisation of society. I am not arguing for utopia. What constitutes ideal justice and the perfectly just society is a fascinating philosophical question, but it is one that is irrelevant to the current pursuit. I am arguing only that human beings can live together successfully and prosper in the absence of a centralised coercive authority. To make the case for anarchy, that is all that is required.

Read More @ http://www.thedailybell.com

Technological Incompetence Appears to be Intentional at Wall Street’s Top Cop

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by Pam Martins and Russ Martins, wallstreetonparade:

When we created the website for Wall Street On Parade, it took us about 30 minutes to add a free plug-in function so that our readers could search the text of every article we have ever written. (See Search box in upper right-hand corner of our menu at the top of this website.) But at Wall Street’s top cop, the Securities and Exchange Commission (SEC), if one wants to search corporate filings, one is limited to a four-year text search. This bizarre restriction inhibits investigative journalists from capably doing their job and connecting dots.

This might sound like a small complaint were it not part of a larger pattern of technological failures by the SEC which have allowed Wall Street firms to run amok for decades.

The biggest technological failure, of course, is the SEC’s inability to launch a Consolidated Audit Trail (CAT) over the 83 years of the SEC’s existence in order to spot manipulative or illegal trades by some of the most highly sophisticated trading houses in the world. While JPMorgan brags about having “more software developers than Google, and more technologists than Microsoft,” and Goldman Sachs is hiring the best Russian coders, Wall Street’s top cop is still driving a horse and buggy.

The CAT, if it is ever implemented, would show every trade in U.S. stock and option markets, including when it occurred and at what firm it originated. But don’t hold your breath.

Adding to the evidence that the SEC is technologically incompetent by design is what its own attorneys have said about its seemingly intentional failure to prosecute.

James Kidney retired from the SEC in 2014 following a quarter century as a trial lawyer there. He delivered a blistering speech at his retirement party on how SEC leadership functions. Not long thereafter, American Lawyer published excerpts from 2,000 pages of documents it had obtained from the SEC under a Freedom of Information Act (FOIA) request, which indicated that Kidney had pushed the SEC to investigate up the chain of command in the Goldman Sachs Abacus 2007-AC1 investment scam. (Goldman Sachs had allowed a hedge fund, John Paulson & Co., to bet against the Abacus deal despite knowing that Paulson had helped to select investments in the deal that were likely to fail.

Read More @ http://wallstreetonparade.com

Former EPA scientist calls on Trump to end the “fake science” bureaucracy that has taken over the federal government

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by Jason Veley, NaturalNews:

While you’ve probably heard of the term “fake news,” which is most often used in reference to the spread of inaccurate or fabricated political rhetoric, one term that is heard less often but deserves just as much attention is “fake science.” As the name implies, fake science refers to scientific data that has been intentionally manipulated or altered in some way so as to advance a particular political agenda. If this sounds familiar, that’s because you witness it almost every time you turn on cable news or sit down inside of your college classroom; indeed, “fake science” is exactly what progressives perpetuate whenever they talk about manmade climate change.

In a recent article published on The Daily Caller, columnist David Lewis, Research Director at the Focus For Health Foundation and a former EPA scientist, called on President Trump to put an end to the “fake science” routinely being perpetuated by leftists and radical environmentalists alike.

“Trump can eliminate federal funding of data fabrication,” Lewis wrote. “It just takes putting accomplished scientists in charge, who understand both science and the federal bureaucracy from top to bottom and will do whatever is necessary.”

As Lewis argued in the preceding part of his article, the need for President Trump to take action against the federal funding of fake science is so important because of how often data on climate change is being manipulated for political purposes. “The public is largely unaware that federal agencies often engage in fabricating scientific data to support their policies and cover up any evidence whenever they screw up,” Lewis wrote, adding that the manipulation of data isn’t a practice that is solely limited to the Environmental Protection Agency or the CDC.

Read More @ naturalnews.com

The Latest Lies of Hillary Clinton

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by Roger Stone | Infowars.com :

Hillary Clinton is at it again. In her cool new book “What Happened?” she comes up with any number of people and institutions to blame for her stunning defeat. She seems to blame everyone but herself.

At the same time she recycles the lies of John Podesta claiming falsely that I knew about Podesta’s email being hacked in advance, that I knew the content of the WikiLeaks October disclosures and that my brief and now totally public exchange with somebody calling themselves Guccifer 2.0 is anything but innocuous, benign and meaningless.

I have a feeling these questions will come up when I testify before the House Intelligence Committee next Tuesday. Let’s take a look at Hillary Clinton’s latest lies:

Page 345

“Then, on August 8, Trump’s longtime consigliere Roger Stone, who cut his teeth as one of Richard Nixon’s “dirty tricksters,” bragged to a group of Florida Republicans that he was in communication with a Assange and predicted that an “October surprise” was coming. This was a shocking admission, made in public, from Trump’s longest-serving political adviser. Stone made similar statements on August 12, 14, 15, and 18. On August 21, he tweeted, “Trust me, it will soon be Podesta’s time in the barrel. #CrookedHillary”. This was particularly notable because, as I mentioned earlier, we have determined there was a good chance that John’s email might have been hacked, but didn’t know for sure. Stone kept at it over the next few weeks, even calling a Assange his “hero.”

I wasn’t the only one who noticed. At the end of August, Harry Reid, one of the congressional “gang of eight” who are briefed on the most sensitive intelligence matters, wrote a letter to FBI Director Comey that cited Stone’s claims and asked for a full and thorough investigation. “The evidence of a direct connection between the Russian government in Donald Trump’s presidential campaign continues to mount,” Reid wrote.”

Allegation: Contact with Julian Assange and knowledge of the Podesta hack, plus Harry Reid confirmed it.

Read more @ infowars.com

The New Movie ‘IT’ OMITTED CHILD ORGY SCENE THAT’S IN STEVEN KING’S DEPRAVED BOOK!

from The Vulture:

Since its publication in September of 1986, It has enjoyed a long shelf life, first as a book that spent 14 weeks at the top of the New York Times best-seller list and then worming into nightmares as a TV mini-series in 1990 starring Tim Curry as the titular demonic clown/embodiment of children’s deepest fears. The monster, which a group of kids simply name “It,” manifests as something different for each person based on their specific fears — burning houses, lepers, a dead sibling — and, perhaps because of this, the story has maintained a compelling hold on our collective psyches for more than 30 years. This week, It hits theaters for the first time as a feature film, with a script that was originally set to be directed by Cary Fukunaga, before New Line decided to pivot to Andy Muschietti. (Fukunaga retains a writing credit on a reworked script).

But one controversial scene from King’s novel has dogged the book and subsequent adaptations. After defeating It, the kids get lost in the sewer tunnels on the way out; this is attributed in part to the fact that they’re losing their “connection” to one another. The solution is to bind them together, which Beverly — the only girl in the story’s main group of protagonists, called “the Losers” — says can only happen if each of the boys has sex with her. Where they’re timid and unsure, she’s confident and maternal. (King writes the first boy Eddie comes to her “the way he would have come to his mother.”) The sex is a “consensual” gang bang, with each of the boys losing his virginity, and thus entering manhood, through Beverly.

 

The ’80s was a bonkers time, but the orgy scene in particular has aged poorly; critics and readers looking back at it have called it everything from “disturbing” to “sick” to “insane.” A Reddit reader from last year simply asked, “WTF?” and generated over 500 comments. For almost ten exhaustive pages, King describes each of the boys having sex with Beverly and their orgasms as a version of “flying.” (You also get the sense that King is a bit of a size queen.) Beverly’s desires are positioned as a way for her to overcome her own fears around sex, but mostly the narrative centers on how the boys literally enter adulthood through Beverly’s vagina. Kingreleased a statement a few years ago through his fan site Stephenking.com, where he wrote, “I wasn’t really thinking of the sexual aspect of it… Intuitively, the Losers knew they had to be together again. The sexual act connected childhood and adulthood.” Perhaps most horrifying to modern sensibilities is that there is no talk of birth control, condoms, or a realization that a circle jerk would have sufficed.

When the new adaptation was announced, many wondered whether it would feature the scene, or some version of it (though the 1990 version eschewed it entirely). As fans often like to say: It’s canon. So does the new version feature a bunch of kids engaging in an orgy? The tl;dr version: No. But while it evades the obvious graphic horror and legal problems of minors simulating group sex, the new film retains a lot of the original scene’s problems — namely, its regressive gender politics and sexualization of its adolescent-girl lead.

The 2017 film flattens and reduces Beverly as a character in retrograde ways. It plays up the love triangle between Beverly (Sophia Lillis), Bill (the protagonist played by Jaeden Lieberher, who loses his little brother Georgie at the start of the film), and the chubby kid, Ben (Jeremy Ray Taylor), who pines for Bev and writes her a precocious love haiku. The climax of the film — when the Losers reconnect to defeat It after they initially disband — is prompted by It capturing Beverly and taking her to its lair. From there, it’s a classic tale of a damsel in distress: When Bev’s friends come upon her, she’s suspended in midair, like a pendant lamp. The boys eventually get her down, but she’s zoned out, her eyes clouded over. And just as in Sleeping Beauty, Ben kisses her and she awakens. She exists first and foremost as an object of their desire.

It’s an odd decision, in part because this is a more classically sexist narrative than what Fukunaga and Chase Palmer wrote in their original screenplay (which was leaked online after Fukunaga and the studio parted due to “creative differences”). In fact, some of the major differences between the old and new scripts involve Beverly in this way; the new script sexualizes her several times, like when she flirts with a middle-aged cashier at a pharmacy to help the boys steal some supplies. (In the Fukunaga script, the hypochondriac kid Eddie, played by Jack Dylan Grazer, fakes a medical emergency). In Fukunaga and Palmer’s version, Beverly flirts with zero old dudes and needs no saving. She goes with the boys to Pennywise’s lair, launches herself into a waterfall and goes headlong into the fight.

The Fukunaga script does have elements of physical horror that hew more closely to the book. But the focus is different: Beverly’s It manifests as blood — buckets of blood that spew from the sink — and Fukunaga makes it clear that the blood is a metaphor for her own fears around growing up and becoming a “woman,” something she fears would make her more of a sexual object to men, including her father. The new version, on the other hand, removes the physical horror, but leaves in the male gaze: Her father leers at her, calling her his “little girl” and attempting to harm her physically, but there is no blatant indication of sexual abuse. And while the bathroom blood remains, it’s not visually connected to her period or to her fear of her dad, making it seem displaced and random.

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Read More @ TheVulture.com

Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder

by Jan Skoyles, GoldCore:

– ‘Commodities King’ Gartman sees $1,400 gold surge in months
– “Gold is the one currency that will do the best of all…”

– Pullback below $1300 “is relatively inconsequential”
– Use gold price weakness to be a buyer “no question”

– Bullish on gold due to central banks and easy monetary policy and gold will be even higher in euro terms
– Gold will be the best of all, as a result of QE and expansionary policies
– Dalio reconfirms belief that ‘gold serves a purpose’ and portfolios should have exposure
– ‘Gold is a diversifying asset’ says Dalio
– Own allocated, segregated gold in Zurich or Singapore

Editor Mark O’Byrne

Dennis Gartman has called 2017’s gold rally and he is now forecasting gold will be “demonstrably higher” rising to $1,400/oz in the coming months and rise by even more in euro terms.

In an interview on CNBC, he said that the recent correction in gold is but a mere pullback prior to much higher prices and “gold is the one currency that will do the best of all.”

Earlier this year Dennis Gartman, of the Gartman Letter, successfully called this year’s gold rally. In the year-to-date the precious metal is up by nearly 13{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}, thus outperforming the S&P 500 which is 12{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} higher.

“A year from now, gold will be demonstrably higher than it is right now…I would certainly think we could see $1400 [an ounce] in dollar terms.”

Gartman’s prediction comes a few days after another respected investor, Ray Dalio, called for gold to be held in portfolios.

Both Gartman and Dalio encourage gold investment as they believe it is an excellent diversifier and will be among the best performing currencies.

Read More @ goldcore.com