End Of The World (Part 1)

By Gary Christenson  -Re-Blogged From Gold Eagle

Predicting the end of the world, physical or financial, is seldom helpful. If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the “end of the world” is delayed (typical), you lose credibility.

An estimate of risk versus reward based on an analysis of current information is more useful.

Assessment: The 2018-2020 risk for most asset classes, such as stocks, bonds, corporate debt, and real estate is high while the potential reward in those asset classes is low. Gold and silver are opposite. Their long-term risk is low (September 2018) and their long-term potential reward is huge.

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A Reverse Bucket List

By Gary Christenson – Re-Blogged From Gold Eagle

Jack Nicholson and Morgan Freeman starred in the 2007 movie, “The Bucket List.” A “bucket list” defines things we want to do before we die, before we “kick the bucket.”

A reverse bucket list—as used here—is a list of things already occurred, but we wish had not happened.

The Reverse Bucket List:

  • The Federal Reserve Act authorized the central bank of the United States. That act allowed a privately owned bank—The Federal Reserve—which is neither federal nor a reserve—to control the nation’s money supply. Politicians and bankers are pleased The Fed exists because it enhances their power and wealth. However, the Fed devalues the dollar and creates price inflation for consumers and stocks. This weakens the economy and transfers wealth to the political and financial elite.

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Inflationary Insolvency Will Make Gold And Silver Prices Explode

By John Rubino – Re-Blogged From Gold Eagle

What happens to gold and silver prices when the Fed “goes all in” during the next financial crisis?

Money manager Michael Pento says, “They are going to explode when the stock markets melt down and deficits are rising where is the money going to come from?

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Why Are Wages So Low

By Keith Weiner – Re-Blogged From Gold Eagle

Last week, we talked about the capital consumed by Netflix—$8 billion to produce 700 shows. They’re spending more than two thirds of their gross revenue generating content. And this content has so little value, that a quarter of their audience would stop watching if Netflix adds ads (sorry, we couldn’t resist a little fun with the English language).

So it is with wry amusement that, this week, Keith heard an ad for an exclusive-to-Pandora series. The symptoms of falling-interest-disease are ubiquitous.

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US Government Is “Missing” $21 Trillion

By Mark O’Byrne – Re-Blogged From Gold Eagle

– The U.S. government is “missing” $21 trillion between the Department of Defence (DOD) and Department of Housing and Urban Development (HUD)

– Investment advisor and former Assistant Secretary of Housing, Catherine Austin Fitts, predicts the global financial system “will take some big hits before the end of the year” (see video below)

– They can publish financial statements that are”complete fiction with no accountability to you and call it national security”

– Gold is one of the “primary real assets” and a “core holding” … “I love gold … I am also a silver fan”

– “I am getting reports that silver is getting hard to find …  go and try to buy a bunch of silver. It’s tough…”

– “But make sure wherever you hold your gold” that the “custodian relationships” and where you have gold and silver stored are “absolutely safe”

– Own “real assets” and “have as little leverage and debt as possible…”

Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, Publisher of The Solari Report. Courtesy of USAWatchdog

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Why The Fed Denied The Narrow Bank

By Keith Weiner – Re-Blogged From Gold Eagle

It’s not every day that a clear example showing the horrors of central planning comes along—the doublethink, the distortions, and the perverse incentives. It’s not every year that such an example occurs for monetary central planning. One came to the national attention this week.

A company called TNB applied for a Master Account with the Federal Reserve Bank of New York. Their application was denied. They have sued.

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Apocalypse, Or Not?

By Alasdair Macleod – Re-Blogged From Silver Phoenix

Members of the American libertarian movement, particularly extremist preppers, are often associated with a belief that a complete breakdown in society is the only outcome from government economic policies and will lead to complete social disintegration. At the centre of their concerns is monetary destruction, with other issues, such as the erosion of personal freedom and the right to bear arms, important but peripheral. They cite history, particularly the hyperinflationary collapses, from Rome to Zimbabwe, and now Venezuela. They draw on Austrian economic theory, which fans their dislike of government and their expectation of total chaos.

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