Socio-Economics History Blog

Socio-Economics & History Commentary

Gregory Mannarino: They Want to Destroy Trump & America

  • Gregory Mannarino: They Want to Destroy Trump & America
    by Greg Hunter’s USAWatchdog.com
    Analyst/trader Gregory Mannarino says America is in conflict with itself. Mannarino explains, “We have a President who gets it. He’s obviously not a socialist, and there is no doubt this man has the back of America. . . . There is a literal war going on right now between political parties here. This is a deliberate effort by some to destabilize our country, to bring America to its knees from the inside. They want to basically throw this country into some kind of third world situation, and I don’t think it’s going to happen. I think there are too many people on the opposite side of this trade that want to see America succeed.”


    Mannarino says that what is being done to Trump is really just the tip of the iceberg. Mannarino contends, “It’s much bigger than Trump. These people don’t just want to destroy this President, they want to subvert and destroy this country, our belief system and our values. This is what they want to do. The question is are we going to allow these people to succeed? That’s really the issue, and I don’t think so. I think there are enough people here, and I think it is most of your audience who understands what’s going on. This is not a battle against the President. This is a battle against our country and our citizens. This is much bigger than an attack on the President.”

    read more.

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May 18, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

Is China Intentionally Making It Harder To Manipulate Gold? – Rory Hall/Dave Kranzler

  • Is China Intentionally Making It Harder To Manipulate Gold? – Rory Hall/Dave Kranzler
    by Rory Hall/Dave Kranzler, https://www.sprottmoney.com/
    A new gold futures contract is being introduced by the Hong Kong Futures Exchange (two contracts actually). The two contracts will be physically settled $US and CNH (offshore renminbi) gold futures contracts. The key to this contract is that it requires physical settlement of the underlying gold, which is a 1 kilo gold bar.

    The difference between this contract and the Comex gold futures contract is that Comex contract allows cash (dollar aka fiat currency) settlement. The Comex does not require physical settlement. In fact, there are provisions in the Comex contract that enable the short-side of the trade to settle in cash or GLD shares even if the long-side demands physical gold as settlement.

    With the new HKEX contract, any entity that is long or short a contract on the day before the last trading day has to unwind their position if they have not demonstrated physical settlement capability.

    The new contract also carries position limits. For the spot month, any one entity can not hold more than a 10,000 contract long/short position. In all other months, the limit is 20,000 contracts. A limit like this on the Comex would pre-empt the ability of the bullion banks to manipulate the price of gold using the fraudulent paper gold contracts printed by the Comex. It would also force a closer alignment between the open interest in Comex gold/silver contracts and the amount of gold/silver reported as available for delivery on the Comex.

    read more.

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May 18, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

China Is About To Unleash A New Global Monetary System

  • China Is About To Unleash A New Global Monetary System
    by http://www.kingworldnews.com
    In case anyone was wondering what the Chinese government is thinking, they are about to unleash a new global monetary system.

    The Greatest Bull Market In Gold
    Stephen Leeb:  “If you’re a gold investor fretting at the metal’s seeming drowsiness, don’t worry. A lot has been happening lately that brings us closer to the launch of a great bull market in gold that will be unmatched in its sweep and longevity. The biggest mistake you can make now would be to get shaken out of your gold (and silver) positions if gold continues to tread water or possibly even dips below $1,200. The second-biggest mistake would be to not take advantage of near-term weakness to add to your holdings…


    read more.

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May 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

China’s Belt & Road Will Push The Petrodollar To It’s Doom

  • Published on May 15, 2017
    Empire fed plunges into contraction and as the economy declines. Business investment continues to decline. Trump’s trade rep get sworn in which will allow the NAFTA negotiations to begin. Citis surprise index has plummeted and Morgan Stanley’s indicators are imploded signalling a major problem headed our way. Paul Krugman warns that Trump will collapse the economy. Russia, China and other nations join to discuss the belt and road initiative. The trade system will be free trade it will destroy the petrodollar.

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May 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

End of The Empire — Bill Holter

  • Published on May 14, 2017
    Bill Holter from JS Mineset returns to SGT Report to discuss the current state of the failing US empire. And Bill warns that despite popular opinion that the DOW, S&P and Nasdaq can only go up, the END could come in a flash, and when that happens, many people who went to be rich on a Friday could wake up broke by Monday. You have been warned.

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May 16, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

The Blockchain: A Gold and Silver Launchpad?

Remember the Golden Rule: “He who has the gold Rules!”

  • Blockchain technology, the underpinnings of Crypto-currencies, make banks obsolete. You can transfer funds using BitCoin or any Crypto-currency, to anyone or company, without a bank as intermediary. Quite obviously it is a threat to the Illuminist global banking cartel. (Think about it: you can buy/sell using Cryptos totally bypassing governments and banks.)
  • My understanding is that the Illuminati wants to overcome this threat by introducing their own Crypto One World Currency backed by gold. Since it is back by gold, banks will be needed to handle the physical movement of gold. Of course, this physical movement of gold will likely be similar to the system when all currencies were backed by gold ie. centralize locations like London, Shanghai … where nations hold their physical gold and end of day transfer/squaring of accounts resulting in net movement to or from a nations account.
  • When the world moves to a Crypto One World Currency backed by gold, the central banking cartel will not accept any Crypto currency which bypasses the banking system. Ie. they will attempt to shut it down or make it illegal. It is a threat to their global hegemony.
  • The Blockchain: A Gold and Silver Launchpad?
    by https://www.moneymetals.com/
    A new day is dawning for precious metals. Gold and silver – the world’s oldest money – are “connecting” with the newest money, digital cryptocurrencies. The final outcome of this nexus is unpredictable, but it is foolhardy to ignore what is taking place.

    Central governments around the globe have waged, against their own citizens, a virtual “War on Cash.” Efforts by Sweden to become “cash-free;” progressive “downsizing” of Eurozone currency units; a currency recall in India that affected 1.3 billion people; solemn talk about eliminating $100 and even $50 bills in the U.S. – all in the supposed fight against “drug dealing and tax evasion.”

    It’s really about people control. The War on Cash goes hand in hand with the imposition of onerous taxation levels, negative interest rates, and destruction of what little privacy we have left.

    Historically, nations backed their paper currencies with gold and/or silver. Today – without a single one doing so – it might seem, as some naysayers have observed, that gold is at best a “barbarous relic;” at worst, just a “pet rock.” And yet…

    The War on Cash has unleashed a hydra.
    From the invention less than a decade ago of the “cryptocurrency” Bitcoin, to its present-day evolution, a change of monumental significance is underway.


    The Foundation Is the Blockchain
    Satoshi Nakamoto is credited with the creation of Bitcoin and as part of its implementation, devised the first blockchain database. By definition, a blockchain “allows connected computers to talk to each other, rather than through a central server. Using a ‘consensus mechanism’ the connected computers on the network stay in sync and agree with each other.” Every data entry references an earlier one, agreeing with the entire chain. (Summary from an essay by Peter van Valkenburgh.)

    Three years ago, David Morgan aired his views in an essay titled, “My Two Bits about Bitcoin.” The technology was complex, relatively slow, and looked to become unwieldy. This was 15 months before the debut of a process that now holds the potential to turn night into day for just about any kind of online commercial transaction… and could spark a revolution for the use of “digital gold and silver.”

    The key (for now) is Ethereum.
    Ethereum is a computing platform – and a cryptocurrency… that runs smart contracts – applications that run exactly as programmed without the possibility of downtime, censorship, fraud, or third-party interference (ethereum.org).


    The Potential and the Promise
    Acceptance of gold and silver as a store of value and medium of exchange most likely pre-dates recorded history. Then someone (the Chinese?) got the bright idea to create a paper substitute exchangeable for, but still backed by, precious metal.

    read more.

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May 15, 2017 Posted by | Economics | , , , , , | Leave a comment

Is JPMorgan Preparing to REVALUE SILVER? | Jim Willie

  • Published on May 14, 2017
    Jim Willie says the petrodollar is history…
    In this interview, Jim Willie answers the following viewers’ questions about the COMEX, JPMorgan, Puerto Rico’s bankruptcy, and the petrodollar!

    – psionin, “Jim Willie mentioned a few times that buying a large amount of gold necessitates the paying of high premiums over spot price, with the final price being over 2K USD per ounce. What prevents one in such a position from placing the order on the COMEX or LBMA and taking delivery?”

    – larryik1211, “When Major banks start to Default do you see JP MORGAN push to re-value Silver upwards to use their SILVER stockpile as leverage to buy up and consolidate all the other bankrupt entities?”

    – Mikey Riley, “In regard to COMEX activities, why would the ‘small specs’ continue to be washed and rinsed by the large commercials? Don’t they ever learn? How do those hedge funds stay in business? I thought the COMEX would be deemed irrelevant by now due to the obvious rigging.”

    – Cole Wheeler, “What does the bankruptcy of Puerto Rico mean for the rest of USA inc.?”

    – Craig Butterfield, “Will the collapse of the petrodollar, abolish the federal reserve and their suppression of metal prices?”

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May 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

It’s Going To Be The Collapse Of All Collapses, A Reset To Fair Market Value: Greg Mannarino

May 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | 1 Comment

Eric Sprott Gives Exhaustion BUY ALERT For Silver: “I’ve Never Seen Anything Like This”

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May 13, 2017 Posted by | Economics | , , , , | Leave a comment

Jim Willie: Will Gold Save The Day?

  • Published on May 11, 2017
    Will gold save the day and prevent growing geopolitical tensions from spinning out of control?


    Also, what’s the future of the European Union? Centrist Emmanuel Macron won the French presidential election, defeating far-right anti-EU candidate Marine Le Pen. Some were saying if Le Pen would have won, that could spell the end of the EU. Jim Willie says now that Macron has won, the EU may be safe…for a few months. In addition, Jim Willie answers the following viewers’ questions

    – psionin, “Jim Willie mentioned a few times that buying a large amount of gold necessitates the paying of high premiums over spot price, with the final price being over 2K USD per ounce. What prevents one in such a position from placing the order on the COMEX or LBMA and taking delivery?”

    – larryik1211, “When Major banks start to Default do you see JP MORGAN push to re-value Silver upwards to use their SILVER stockpile as leverage to buy up and consolidate all the other bankrupt entities?”

    – Mikey Riley, “In regard to COMEX activities, why would the ‘small specs’ continue to be washed and rinsed by the large commercials? Don’t they ever learn? How do those hedge funds stay in business? I thought the COMEX would be deemed irrelevant by now due to the obvious rigging.”

    – Cole Wheeler, “What does the bankruptcy of Puerto Rico mean for the rest of USA inc.?”

    – Craig Butterfield, “Will the collapse of the petro dollar, abolish the federal reserve and their suppression of metal prices?”

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May 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Dr. Ron Paul: New Global Financial System Is Inevitable

  • Published on May 10, 2017
    Jason Burack of Wall St for Main St interviewed first time guest, the former Presidential Candidate in 2008 and 2012, author, long time US Congressman and the face of the liberty movement in the US, Dr. Ron Paul. Dr. Paul is a living legend, he’s authored more than 10 books including: End the Fed, Liberty Defined and The School Revolution. Ron’s books are available here: https://www.amazon.com/Ron-Paul/e/B00… 


    Full Wikipedia Bio here: https://en.wikipedia.org/wiki/Ron_Paul 

    Dr. Paul’s, Ron Paul Liberty Report YouTube channel http://www.ronpaullibertyreport.com/ has greatly grown in size thanks to daily videos Monday through Friday. Ron also founded the Ron Paul Institute for Peace & Prosperity http://ronpaulinstitute.org/ 

    During this 20 minute interview Jason starts off by asking Dr. Paul if President Donald Trump has done anything Dr. Paul likes so far? Jason also asks Dr. Paul if he thinks Rand Paul and Rep. Thomas Massie will be able to get an “Audit the Fed” bill through both houses of Congress and if President Trump will sign the bill? Next, Jason asks Dr. Paul if 100 years of Keynesian Economics is the reason why the US economy hasn’t really had a recovery? Jason then asks Dr. Paul why he likes Austrian School Economics.

    Also, Jason asks Dr. Paul about the one time partial audit of the Federal Reserve he got while still in Congress after the 2008 financial crisis revealing over $16 trillion in near interest free bailout money to foreign governments, foreign central banks and foreign corporations https://www.forbes.com/forbes/welcome… and whether the Federal Reserve and other central banks are still putting trillions more in easy money and credit into the global financial system to delay the next financial crisis?

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May 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

Gold Re-Monetization Ahead? Value Investor John Scurci Warns A Reset is Coming

Click on image to download Part1 of MP3 interview.

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May 10, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | 1 Comment

The Looming Crisis Will End The Fiat Currency Regime: Andrew Hoffman

May 10, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Will China and Russia Take Down the US Petrodollar?

  • Jim Willie: Will China and Russia Take Down the US Petrodollar?
    by http://www.trunews.com/
    Will China and Russia take-down the U.S. Petrodollar with a gold-backed digital currency? Today on TRUNEWS, Rick Wiles speaks with financial analyst Jim Willie regarding the seemingly inevitable transition from an American dominated financial order to a system controlled by the East. Jim also shares his theory that Prince Philip’s retirement is actually a smokescreen for the secret death of Queen Elizabeth, and that her passage will lead to the exposure of the Satanic global pedophile ring. 

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May 9, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Paper Gold Leverage Over 500/1 in Order to Protect Dollar and Trillions in Derivatives

  • Paper Gold Leverage Over 500/1 in Order to Protect Dollar and Trillions in Derivatives
    by http://www.thedailyeconomist.com/
    For those who either invest, trade, or save in precious metals, the past month has not been kind to the value of their holdings.  And in fact, sentiment against gold and silver ownership because of the volatile price swings has really been forged over the course of about six years going back to 2011 when each were crushed by manipulation when they were sitting at their all-time highs.

    But to understand the gold market one must understand how its price is tied not to the physical metal itself, but to paper derivatives traded daily on the Comex.  And more importantly, why both the futures market and the regulators allow the bullion banks to sell contracts in which they do not have the actual gold to backstop these trades.

    In essence it comes down to two simple and desperate needs… the first is to protect the dollar, and the second is to protect the trillions of dollars worth of derivatives held by the banks which would result in the complete implosion of the Western banking system.

    As you can see in the 10-year chart of the dollar below, in 2011 the reserve currency was on the brink of collapsing as it fell below 73 and the last maginot line of support.

    read more.

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May 8, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment