Socio-Economics History Blog

Socio-Economics & History Commentary

BRACE FOR IMPACT: How Gold and Silver Perform During Currency Resets by Lynette Zang [Part-4]

  • ITM Trading Streamed live on Jun 22, 2018
    Link to Slides and Sources: https://www.itmtrading.com/blog/brace…
    What I would like everyone to understand is that fiat money is designed to reset via inflation. Bankers and governments know that nominal confusion hides this from the public. Hyperinflation is simply the final wealth transfer blow off. History clearly shows us that in the end, fiat money keeps the name, but loses all value. But gold and silver hold value because they are used all areas of the economy. Fiat money is only used as a wealth transfer tool. When hyperinflation rears its inevitable head, what do you want to hold? And if you want to know what to actually DO about all of this, that’s what we specialize in. How do you protect your wealth for the next collapse? Yes Gold and Silver, but what types? What strategy? And what long term plan? If you’re asking these questions you’re already ahead of the game. We’d love to assist you as it is our mission to safeguard you from the inevitable downfall of the dollar.

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June 25, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Bill Holter: The System is Going to Go Down

  • Greg Hunter Published on Jun 23, 2018
    Financial writer and precious metals expert Bill Holter thinks a debt reset is coming soon, and the powers that be are planning it. Holter explains, “I think the discussion is about timing and how the system is going to come down. There are also discussions of what is going to be the next reserve currency. I think that’s the discussion that is going on behind the scenes for two or three years, or longer. The problem is too much debt, and we know from the past when debt bubbles grow and grow and get too big, they pop. This is the biggest debt bubble by many multiples of any bubble anytime in history. When the debt bubble blows up, everything runs on credit, and that means things are not going to run. It’s going to be somewhat dysfunctional. We are right on the cusp of the yield curve inverting, and history shows when that happens, we have a 100% chance of going into a recession. . . . I think this year the truth that we lived above our living standards is coming out, and we are going to have to pay the piper. I don’t know when . . . but the system is going to go down.”
http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

9 Jan 1988 cover, The Economist: Get Ready for a World Currency by 2018! The Rise of the Phoenix world currency from the ashes of national fiat currencies ie. destruction of fiat currencies via hyperinflation. “Phoenix” is of course an occult metaphor. Out of the destruction, the ashes of the old world order, the Luciferian New World Order will rise like a Phoenix!

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June 24, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Trump’s Goal to Keep China from Using ‘Nuclear Option’ of Dumping US Debt – Max Keiser

  • Trump’s Goal to Keep China from Using ‘Nuclear Option’ of Dumping US Debt – Max Keiser
    by https://www.rt.com/
    President Donald Trump is cutting US military spending to be less exposed to the skyrocketing interest rates that would become unavoidable when China opts to dump US Treasury bonds, Max Keiser has told RT.

    “To understand US trade policies – and in particular Trump’s policies on China – from Trump’s point of view you have to think like Trump,”
     the host of RT’s Keiser Report explained. “When Trump took office, he inherited the biggest debt load that any country had ever accumulated. He also inherited a military budget that eats up 50 percent of America’s annual tax revenues of $1.5 trillion.”

    According to Keiser, after taking the helm as president, Donald Trump realized it was vital to reduce defense spending to pare the huge US debt.

    “He looked at the geo-political chess board and saw that – the low hanging fruit, in terms of saving money – is America’s huge military spending in South Korea,”
    said Keiser, stressing that after the historic summit with North Korean leader Kim Jing-un the US would start pulling military presence out of the region.


    The US president is currently arranging deals with Saudi Arabia and Israel, in preparation for the US pulling out of the Middle East as well, Keiser added, highlighting that Trump had previously signaled to Germany that the US would to cut its military presence in NATO there too.

    “That brings us to China, and the ‘nuclear option’ they have of dumping US treasuries to financially attack America. This is their one big play. Trump knows it, and he’s been protecting the US against it,”
     the financial commentator said.


    Downsizing the Pentagon, according to Keiser, will shrink US debt, diminishing the possibility of a Chinese financial attack via the dumping of US bonds.

    read more.

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June 24, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Jim Willie: The Death of the Petro Dollar

  • The Official Hagmann Report Published on Jun 19, 2018
    Jim Willie, contrarian economist, Purveyor of the Golden Jackass newsletter. Jim is a patriarch in the “Red Pill Movement.”

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June 23, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

HEADS UP: Banks Are Falling Out… by Lynette Zang

  • ITM Trading Streamed live on Jun 21, 2018
    Link to Slides and Sources: https://www.itmtrading.com/blog/heads…
    TWO PATTERN SHIFTS! Last October we saw a major insider selling pattern emerge, as some insider sectors avoided buying stocks even as they continued heavy selling. Since the start of the year, after a major selling spike, there is a bit of a lull the following week. But the last two weeks has seen huge spikes in selling without the following lull. We look at this every week, so time will tell if this is a trend escalation. We may be fast approaching that time. In another PATTERN SHIFT ALERT, SIFIs have decoupled from the stock markets. In fact, Ian Harnett, managing director of global strategy at Absolute Strategy Research in London just sent out his first “Black Swan” alert since the crisis began, because of this pattern shift. Things certainly seem to be heating up. Got Gold?

    And if you want to know what to actually DO about all of this, that’s what we specialize in. How do you protect your wealth for the next collapse? Yes Gold and Silver, but what types? What strategy? And what long term plan? If you’re asking these questions you’re already ahead of the game. We’d love to assist you as it is our mission to safeguard you from the inevitable downfall of the dollar.

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June 23, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

How the Financial Reset Will Impact You | Lynette Zang (2018-06-19)

  • Reluctant Preppers Published on Jun 20, 2018
    How will the coming financial reset impact your cash, savings, retirement accounts, stock, bonds, real estate, mortgage, student loans, gold, silver, and other assets? Will the collapse DESTROY WEALTH or TRANSFER IT from the unprepared to the those who have positioned themselves in advance? What facts do we have to go on from past financial resets, and what signals can we glean from current official documents and filings being released? Reluctant Preppers host Dunagun Kaiser engages Lynette Zang, chief Market Analyst at ITM Trading to field your viewer questions in this lively and pointed exploration of the issues of greatest concern to you!

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June 21, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Craig Hemke: Parabolic Global Debt Will Collapse Bullion Bank System

  • Craig Hemke: Parabolic Global Debt Will Collapse Bullion Bank System
    by Greg Hunter’s USAWatchdog.com
    Financial writer and precious metals expert Craig Hemke says nobody should be comfortable with unpayable global debt that has piled up since the 2008 financial meltdown. A debt reset is locked in, but nobody knows when it will come crashing down. Hemke says, “That’s probably the right way to put it. I would not want to say, hey, there is going to be a debt reset by August 29th. I don’t think that’s the way you want to go with it, but it’s pretty obvious to anyone that we are in this parabolic Ponzi scheme. The debt is now increasing globally at such an exponential rate that, at some point, it becomes unserviceable. Then, at that point, you get this reset they’ve been talking about.”


    Hemke points out the same game that was being played to inspire confidence in the banking system back before the 2008 financial meltdown is happening again. Hemke says, “You can see this today, actually, in the attempt to inspire confidence in Deutsche Bank. You can pull up a chart of Deutsche Bank now, and you can clearly see the heavy hand and the overt support of the Deutsche Bank share price. It is about $11. That is about the all-time low it came down to a few weeks ago. In the last few days, it has been clearly supported at $11. . . . Why would central banks be supporting Deutsche Bank? Because if Deutsche Bank began spiraling down through $10 to $9 to $8, you would get this crisis of confidence from the other banks that are all linked to Deutsche Bank and this daisy chain of counter-party risk, and we are right back to where we were in 2008. Yes, some type of reset is coming because, ultimately, the debt is unserviceable. The debt grows so fast you cannot print enough money to service all your existing obligations, especially when the economy starts to collapse and you get another recession.”

    Hemke warns that many people own the same ounce of gold held at big banks and don’t know it. Hemke explains, “It’s sort of like the people who show up at the Bailey Building and Loan on George’s wedding day (It’s a Wonderful Life). As long as nobody is making a run for it, and everybody knows your money is invested in Bob’s house and your money is invested in Mary’s house, as long as nobody wants their money right away, George Bailey can run a fractional reserve system like that. It’s only when somebody shows up and says I want my 1,000 ounces of gold, now. I want my metric ton, now. That’s when this whole bullion bank system collapses. Suddenly, we get a realization where land trades directly, dollars for the asset. Art trades directly, dollars for the asset. Gold and silver are going to trade that way as well.”

    read more.

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June 21, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

THE NEXT CURRENCY: Crash Protection when the SHTF. Q&A with Lynette Zang and Eric Griffin

  • ITM Trading Streamed live on Jun 19, 2018
    Link to Slides and Sources: https://www.itmtrading.com/blog/next-…
    Viewer Submitted Questions:

    Question 1. Craig J: why can’t the governments create a new fiat currency when this one crashes?
    Question 2. Joe M: How does an investor recognize a derivative product in the stock market, so I can avoid buying one. Are they in ETFs?
    Question 3. PM6550: If there is a planned ban on cash for digital currency, and there is a gold confiscation and a ban from using it too, how can I value or exchange my gold to go buy something when I need to?
    Question 4. Carl: We would like to ask Lynette if it is any safer to use a Credit Union instead of a Traditional Bank when the SHTF? And if you want to know what to actually DO about all of this, that’s what we specialize in. How do you protect your wealth for the next collapse? Yes Gold and Silver, but what types? What strategy? And what long term plan? If you’re asking these questions you’re already ahead of the game. We’d love to assist you as it is our mission to safeguard you from the inevitable downfall of the dollar.

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June 21, 2018 Posted by | Economics | , , , , , , , , , , , , , , | 1 Comment

Merkel, Macron Reach Deal on Euro Reforms to Challenge the Dollar

https://www.bloomberg.com/news/articles/2018-06-19/merkel-macron-reach-deal-on-euro-reforms-to-challenge-dollar

American hegemony over Europe is coming to an end. Ths US dollar is about to get a heart attack unless Trump backs it with gold soon. Click on image for article.

June 20, 2018 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , | Leave a comment

Catherine Austin Fitts: Establishment Stole $50 Trillion & Want to Keep It

  • Greg Hunter Published on Jun 16, 2018
    Money manager Catherine Austin Fitts says, “The establishment has stolen $50 trillion plus, and they want to keep it, and they want to invest it in the space based economy and not have to give it back to the pension funds. One of the most important techniques they are going to use to do that is basically with digital control, with both of the currency, as well as the systems that do surveillance and control. So, (they think) if we can get 7 billion people on smart phones and 5G coming in from satellites or land, anyway you do it, and everybody has a digital currency, and if you don’t behave, you turn off their currency. We are talking about ways of controlling people through the digital systems which are very, very invasive. . . . If you look at the policies going on, whether it’s the effort to bring in the guns or effort to force cashless, those who are centralizing control of the economy, they want to make sure they have control because when they invest that money, they want to make sure it makes their wealth go up and not the general population’s wealth go up. They don’t want to have to refund those monies back into the pension funds or Social Security. They want to be able to say, well, the money is gone, and we spent too much of it and did not balance the books and etcetera, etcetera. So, this is what this is about. This is about who is going to allocate what resources that are there, and are they going to be in a position to harvest and drain the American taxpayer.”

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June 18, 2018 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , | Leave a comment

“The Global Bond Curve Just Inverted”: Why JPM Thinks A Market Crash May Be Imminent

  • “The Global Bond Curve Just Inverted”: Why JPM Thinks A Market Crash May Be Imminent
    by Tyler Durden, https://www.zerohedge.com/
    At the beginning of April, JPMorgan’s Nikolaos Panigirtzoglou pointed out something unexpected: in a time when everyone was stressing out over the upcoming inversion in the Treasury yield curve, the JPM analyst showed that the forward curve for the 1-month US OIS rate, a proxy for the Fed policy ratehad already inverted after the two-year forward point. In other words, while cash instruments had yet to officially invert, the market had already priced this move in.

    One way of visualizing this inversion was by charting the front end between the 2-year and 3-year forward points of the 1-month OIS. Here, as JPM showed two months ago, a curve inversion had arisen for the first time during the first week of January, but it only lasted for two days at the time and the curve re-steepened significantly in the beginning of April.

    Fast forward to today when in a follow up note, Panigirtzoglou highlights that this inversion has gotten worse over the past week following Wednesday’s hawkish FOMC meeting. As shown in the chart below which updates the 1-month OIS rate, the difference between the 3-year and the 2-year forward points has worsened, falling to a new low for the year of -5bp.

    read more.

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June 18, 2018 Posted by | Economics | , , , , , , , | Leave a comment

Big Things Are Coming To The US, The Transition Will Not Be Smooth: Lior Gantz

June 18, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Dave Janda: Donald Trump Will Preside Over Reset and Bankruptcy

  • Dave Janda: Donald Trump Will Preside Over Reset and Bankruptcy
    by Greg Hunter’s USAWatchdog.com
    Radio host Dr. Dave Janda says Trump is bringing big changes to the world with tough talk on trade. At the end of the G-7 economic forum, Trump said America is “like the piggy bank that everyone is robbing, and that ends.” Trump is basically saying America has been cheated in trade deals for decades and countries like China, Canada and Mexico are ripping us off. Janda, who has deep political and Intel sources, says, “Yes, that is correct. Go back to 1992 and Ross Perot. He was demagogued by the media as a crazy man. He was marginalized. He was ridiculed. 110% of what Ross Perot said about NAFTA is correct. It was a great ‘sucking sound’ of jobs leaving and manufacturing jobs leaving. Who benefited by that? Multinational corporations that are run by the globalists and political leaders. . . . All these agreements that are created by the globalists are money laundering fronts. Whether it’s NAFTA or whether it’s the Iran deal, they are all money laundering fronts.”


    The success President Trump had this week with North Korea is tied to trade and China. Janda says, “So, you are going to see a positive development on the peace front. Then you are going to see some backing down of trade war talk with China. Then you are going to see another development with the North Korea peace process and more backing down. People need to realize the peace initiative and trade agreements are working hand in hand. I believe Trump is going to use that same model of negotiation and that same linkage, and Trump is going to take that model he developed in North Korea and China and he’s going to take it to Iran.”

    Also, this week, is the expected release of the Inspector General report on the DOJ and FBI handling of the Hillary Clinton email investigation. The report examines how a decision was made months before the investigation was completed that Clinton would be exonerated of any crimes even though she clearly committed numerous crimes. Janda predicts, “I believe the Globalists are in the crosshairs, and when this report comes out, I believe it’s going to be heavily redacted. Understand something, that’s not where this is going to end.” Janda predicts President Trump will order the report to be unclassified and released un-redacted. Janda contends, “That Inspector General report is going to open the door and open people’s eyes. . . . A very high source has told me for months that both Hillary Clinton and Barack Obama have violated the Espionage Act on many occasions.”

    Janda says the debt based financial system is headed for a reset. Janda says the reset will not only reset the debt but clear out corruption and “restore the rule of law.” Janda also says, “I have political sources that have said a reset will occur. I do not have a time frame for the reset . . . . I believe Donald Trump will preside over the largest bankruptcy in history, and that is why he’s there. I also believe that this reset will involve an escalation in the price of gold and silver, and the manipulation will be terminated.”

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June 18, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

False Flags Are Coming Before the Midterm Elections: The Empire Will Strike Back

  • False Flags Are Coming Before the Midterm Elections:The Empire Will Strike Back
    by http://www.thecommonsenseshow.com/
    The empire, so to speak, cannot win the next election. Barring a miracle, the Democrats and the #nevertrumpers are done! Anti-Trump candidates are getting destroyed in their own primaries. The empire is unquestionably on the run, but it is ready to strike back. Trump and his allies (average American citizens) have the evil globalists on the run. Only Trump stands between the globalists and complete New World Order dominance.

    Trump and his supporters have done the following that has drawn the ire of the globalists:

    1. Peace is breaking out in Korea
    2. The globalist-motivated war with Russia over Syria and Iran has not begun.
    3. American manufacturing is revitalized.
    4. American employment is at a 2 decade high.
    5. American factories are reopening.
    6. Trump is removing America from bad trade deals that only benefit the globalists
    7. Trump is dismantling Obamacare, piece by piece.
    8. Trump has provided increased security on the border.
    9. Trump is building up the military

    The Republican, pro-Trump candidates are sweeping the primary elections. And the one thing that globalists fear the most, Trump is prosecuting an increasing number of child sex-trafficking rings.

    Despite the fact that the Deep State and the globalists are on the run, the New World Order will strike back. What will the America do when the empire strikes back? How will the empire strike back? Will it be an EMP? A chemical and biological attack? An artificial food shortage? A currency collapse? World War III?

    Are you ready? Anyone who is not prepping today is a fool.
    Here is what to expect when the Globalists strike back.

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June 16, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

There Is Going To Be A Paradigm Shift Away From Fiat Currency: Anthony Lacavera

June 16, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment