Socio-Economics History Blog

Socio-Economics & History Commentary

Economic Collapse: Rigged Markets, Soros Makes Gold His Largest Holding, Doubles S&P Puts

  • Published on May 18, 2016
    One of the more closely watched 13F reports yesterday in addition to that of Warren Buffett was that of Soros Fund Management, the family office of George Soros, which revealed that while the 85 year old billionaire was not quite as bearish as his former chief strategist Stanley Druckenmiller, or Carl Icahn for that matter, had turned decidedly sour on overall equity exposure. 


    As shown in his 13F, Soros slashed his overall long equity holdings by over 25% to just $4.5 billion as of March 31, which was the lowest such position since 2013. As an equal opportunity information-provider, we thought it worth noting that following yesterday’s panic-selling puke in precious metals, this morning we are greeted with panic-buying as Gold and Silver spike higher on heavy volume as US stocks open… 8,500 contracts in 4 minutes – or just over a billion dollars notional paper gold bid… 

    Learn More: 
    http://www.zerohedge.com/news/2016-05…
    http://www.zerohedge.com/news/2016-05…
    http://www.cnbc.com/2016/05/17/soros-…

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May 20, 2016 Posted by | Economics | , , , , , , , | Leave a comment

Soros, Central Banks Buying Deep into Gold, Causing Inflation And High Interest Rates – Gold Expert

May 19, 2016 Posted by | Economics | , , , , , , | Leave a comment

Are Illuminati Globalists Evil Or Just Misunderstood?

Bohemian-Grove-presidents_bush_clinton

  • Are Illuminati Globalists Evil Or Just Misunderstood?
    by Brandon Smith, http://www.alt-market.com/  
    I recently received requests from two different readers, one asking for articles covering the “mindset” of globalists (why they do what they do), and another request for articles covering globalist “occultism.” I find that these two topics are very difficult to pursue with a large number of people for a few reasons:

    1)
    Many people do not accept the reality that a group of financial elitists colluding (conspiring) to obtain total global power even exists. Therefore, in order to delve into the topic of the globalist mindset with these “skeptics,” I would first have to re-cover page after page of evidence showing that they not only exist and collude, but that they openly boast about their plans on a regular basis. This is time consuming, to say the least.


    2)
    For some of the people that do eventually accept the reality of a globalist cabal, the argument eventually arises that “yes, there is collusion, but it is merely driven by greed and profit motive,” and not as nefarious as we conspiracy tin-foil mad-hatters imagine.


    3)
    For others, there is a full acceptance of the reality of an organized globalist cult, but they argue that these people are simply a product of a corrupt and ill-structured socio-political system. That is to say, they think that the globalists are a symptom of the troubles that plague humanity, rather than a cause.


    This argument is often made by people promoting their own collectivist agenda in one form or another (socialists, communists, scientific dictatorships controlled by people supposedly much smarter than the rest of us, one world-one mind spiritually unhinged theosophic weirdos, etc.). They claim a new system, their system, is the solution rather than getting rid of the globalists, which they say would only leave a “power vacuum” for more tyrants to take their place.

    4)
    Finally, there are the evangelical revelations seekers obsessed with Armageddon. They fully accept that the globalists exist, that they conspire internationally to gain power and influence towards the goal of a “new world order” and that they are essentially evil minded in their intentions. However, they argue that it is either futile to fight against such people because they are supported by power from somewhere beyond, or they even argue that to fight against the globalists is wrong because it is in defiance of the plan put forward in the Bible.


    So, as you can see, it is a veritable circus of horrors whenever I write on the subject of who the globalists really are and what they really want. Beyond that, it is very difficult to examine this subject matter, even with ample evidence, without coming off like a wackaloon.

    It is hard enough convincing people of the obvious economic crisis facing America and the rest of the world and convincing them to put in minimal effort to prepare, let alone convincing them of the psychopathic and cult-like nature of the elite behind that crisis. In other words, if you approach someone new to this information cold and hit them right away with tales of luciferians, Washington D.C. child pedo-rings and gay romp power-club parties in the California Redwoods with a giant stone owl called “Molech,” you probably aren’t going to get your foot in the door.

    read more.

Bohemian_Grove-presidents-Bush-Clinton

Gingrich’s photograph is featured in the Annals of the Bohemian Club, Volume 7, 1987-1996 alongside George W. Bush and his father.

Gingrich’s photograph is featured in the Annals of the Bohemian Club, Volume 7, 1987-1996 alongside George W. Bush and his father.

http://www.washingtonpost.com/blogs/blogpost/post/bohemian-grove-where-the-rich-and-powerful-go-to-misbehave/2011/06/15/AGPV1sVH_blog.html

Click on image for article.

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May 19, 2016 Posted by | EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Leave a comment

Rob Kirby: Dollar Going to be Kicked Off its Perch. Global Elite Making Preparations for Post Dollar World

  • Global Elite Making Preparations for Post-Dollar World
    by Greg Hunter’s USAWatchdog.com
    Macroeconomic analyst Rob Kirby says his rich clients around the planet are bracing for an inevitable economic calamity. Kirby explains, “The people I know, that I would say are at the higher level of the food chain in the global world of finance, are hunkered down and making very serious preparations.  What I see on a macro level is people acting like squirrels preparing for winter.  They are burying nuts and gathering as much physical precious metals as they can. They are making preparations for a post-dollar world in terms of world reserve currency.”

    On news that there are more than 540 paper claims for every ounce of Gold at COMEX, Kirby contends, “There are 540 claims for every ounce of gold at the COMEX vault. My question to you is what happens if that gold is in fact leased metal?  Then, the 540 becomes 1,080, and what if it has been leased two times?  Then, it becomes 2,160.  So, the number of claims for every ounce of gold may be many factors higher than even 540.”

    Kirby goes on to say, “I have been writing consistently for the past 12 years that if you are going to own gold, you need to own it physically. If you own precious metals, and you can’t physically go and touch it, then it’s highly dubious whether you have clear title on any physical metal at all.  This is the reason why I am such a strong advocate of owning your own stash.  My gut tells me, in the very near term, people are going to find out what they really hold.  The tide is going out, and we’re going to find out who is wearing bathing suits pretty darn soon. . . . This is building to some sort of climactic event that will blow.  It’s sort of like putting baking soda and vinegar together.  You know what’s going to happen, and if it take a few extra seconds to pop, then so be it.  In economic terms . . . the big question is not whether they can keep making things appear pseudonormal for next few days, weeks or months . . .  the outcome is absolutely cemented in stone.”  The real question you should be asking is . . . do you want to own fire insurance?  It’s a mathematical certainty your house is going to burn to the ground.”

    read more.

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May 19, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Saudi Arabia Admits To A Full-Blown Liquidity Crisis: Will Pay Government Contractors With IOUs, Debt

SaudiDebtToGDP

  • Saudi Arabia Admits To A Full-Blown Liquidity Crisis: Will Pay Government Contractors With IOUs, Debt
    by Tyler Durden, http://www.zerohedge.com  
    Previously we documented that as a result of the still low oil prices, largely a result of Saudi Arabian strategy to put high cost producers out of business and to remove excess supply, none other than Saudi Arabia has been substantially impacted, with the result being dramatic state budget, a sharp economic slowdown and  mass worker layoffs.

    Just three weeks ago we reported that the biggest construction conglomerate in the middle east, the Saudi Binladin Group had announced it would layoff 50,000 workers ot a quarter of its workforce, slammed by the weak economy.

    Now, Saudi Arabia has admitted that in addition to acute economic problems, which will manifest themselves most directly in a soaring Saudi debt load..

    read more.

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May 19, 2016 Posted by | Economics | , , , , , , | Leave a comment

Secret G-20 Meeting In Ireland this Summer to Manage the Collapse of America

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  • Secret G-20 Meeting In Ireland this Summer to Manage the Collapse of America  
    by http://www.thecommonsenseshow.com/  
    Dr. Walker Todd is heading to Ireland this summer. Ireland is lovely this time of year. Playing golf in one’s sweater could be an enjoyable vacation event. However, Todd is not going to Ireland to play golf. How do we know that Dr. Todd is headed to Ireland? He told Ed Petrowski and this was passed to me by his good friend Paul Martin. More importantly, Todd stated that there is going to be a secret G-20 meeting this summer in Ireland.

    Who Is Walker Todd and Why Is This Important?
    Dr. Todd stated on the radio on March 12, 2015 that America will be taken down according to the following scenario: (1) A false flag, more than likely a scenario resulting in economic collapse and the destruction of the dollar (2) The implementation of martial law, perhaps involving the use of foreign troops; and (3) All out conflict.

    Dr. Todd is not to be taken lightly as he was an economic consultant with 20 years of experience at the Federal Reserve Bank of New York and the Federal Reserve Bank of Cleveland. He is also a member of the Cato Institute‘s new Center for Monetary Financial Alternatives as one of its Adjunct Scholars.  Given his background, his expressed opinions should be given very serious consideration.

    If Dr. Todd’s prediction is accurate, this fits in with what other sources are saying is coming in the very near future and it will result in the fall of America. It has always been my position that a false flag even would be used as a pretext to invoke martial law. Martial law would then be used as the excuse to begin gun confiscation. Gun confiscation will be used to disarm American citizens prior to subjugating the country by using foreign mercenaries.

    read more.

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May 19, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , | 2 Comments

Chaos In Venezuela, A Precursor For American Societal Collapse!

May 17, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , | Leave a comment

“V” the “Guerilla Economist” 2016 Next Phase of Economic Evolution

  • Published on May 15, 2016
    What is the timing for the next financial calamity? “V” the “Guerilla Economist” , says, “My sources say 2017 is going to be monumental time they put on their calendar. I was also told by them this fall is looking pretty bad. In 2016, we will see a lot of events, and in 2017, this thing really comes apart. One of the things I said was that by the end of 2015, the dollar will be completely undermined as a world reserve currency, and it did become undermined. You have a lot of alternate payment systems, and the infrastructure for those systems come into place. I have also said the Pacific and Atlantic would become the moats of our isolation.”

    On gold, “V” ,who hides his real name and identity to protect his job at an international precious metals company, says, “We have run into shortages on bullion because the refineries are not getting the raw material. The supply chain is starting to get pinched down to the refiner level. That’s a serious thing, and it’s never happened before.”

    In closing, “V” contends, “The world is volatile, and it’s hanging on by a thread. That’s no BS, man. It’s real, and there are real numbers and real facts. It’s not a conspiracy theory. The world, at this stage, is ready for the next phase of economic evolution.”

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May 16, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

The Endgame

Ludwig_von_Mises-No_avoiding_final_collapse_of_a_boom_brought_about_by_credit_expansion_voluntary_abandonment_of_further_credit_expansion_or_toatl_catastrophe_currency_collapse

  • The Endgame
    by https://www.goldmoney.com/
    And how we got hereThere is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally even downright pessimistic, at a loss to see a statist solution. It is hardly exaggerating to say there is a growing feeling of impending doom.

    The reason this has happened is that today’s macro-economists are a failure on the one subject about which they profess to be experts: economics. Their policy recommendations have become the opposite from what logic and sound economic theory shows is the true path to economic progress. Progress is not even on their list of objectives, which fortunately for us all happens despite their interventions. The adaptability of humans in their actions has allowed progress to continue, despite all attempts to discredit markets, the clearing centres for the division of labour.

    Ill-founded beliefs in the magic of unsound money have been shattered on the altar of experience. Macro-economists are discovering that the failure of monetary and fiscal planning are becoming a policy cul-de-sac that has generated a legacy of unsustainable debt. Those of us aware of a gathering financial crisis are discovering that governments have tamed only the statistics and not what they represent.

    There is evidence that central bank intervention began to irrevocably distort markets from 1981, when Paul Volker raised interest rates to halt the slide in the dollar’s purchasing power. It was at that point the free market relationship between the price level and the cost of borrowing changed, evidenced by the failure of Gibson’s paradox. That was the point when central banks wrested control of prices from the market. This is explained more fully below.

    read more.

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May 16, 2016 Posted by | Economics | , , , , , , , | Leave a comment

Wolf Richter: Transportation Recession Signals Retail Problems Ahead!

  • Wolf Richter: Transportation Recession Signals Retail Problems Ahead!
    by http://www.financialrepressionauthority.com/  
    FRA co-founder Gordon T. Long is joined by Wolf Richter to discuss the struggling retail market and its subsequent impact on the U.S economy as a whole which are a result of the recent financial crisis. 

    Concerns of Financial Repression
    Under financial repression the money that you earn does not compensate for the forward inflation on your investment.  This is slowly eating up the savings of investors and bond holders in a period of low inflation, and is done so by the central bank to help aid governments and debtors in paying off the massive pileups of debt. We can expect this trend of financial repression is to go on for the time being due to the position most corporate firms and the government is in right now, as most economists believe a slight increase in interest rates would be catastrophic for the economy.


    Transportation Recession
    “When you have a transportation recession like this, it tells you something about the goods produced in the economy in the United States, and it’s not over.”

    read more.

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May 15, 2016 Posted by | Economics | , , , , , , , | Leave a comment

Liquidity Problems? Deutsche Bank Offers 5% Yields If Depositors Lock Up Their Money For Three Months

Deutsche Bank's joint CEOs quit together. Jürgen Fitschen will step down May 2016. Jain will step down at the end of this month (June 2015).

Deutsche Bank’s joint CEOs quit together. Jürgen Fitschen will step down May 2016. Jain will step down at the end of this month (June 2015).

  • Liquidity Problems? Deutsche Bank Offers 5% Yields If Depositors Lock Up Their Money For Three Months
    by Tyler Durden, http://www.zerohedge.com 
    One of the reasons why central banks around the globe have flooded the financial system with trillions in excess reserves is to make sure that banks no longer have to rely on potentially fleeting short term deposits (and is also why negative interest rates have become the norm in so many part of the world, that $10 trillion in bills and bonds now trade with a negative yield). As a result of years of such central bank policy, banks – mostly in Europe – no longer need to compete with each other for deposits: after all why offer tempting deposit rates in an age of NIRP when banks can get all the liquidity they need straight from the ECB and in some cases even get paid on it.

    Furthermore, the whole point of NIRP is to slowly unleash negative, not positive, interest rates in order to discourage savings.

    Which is why we were surprised to find that in a promotional offer by Europe’s biggest, and by many accounts most insolvent, bank, Germany’s Deutsche Bank is not only not rushing to penalize depositors, on the contrary it is offering its Belgian clients a 5% gross return for new €10,000 – €50,000 deposits if this money is locked up for the next three months. The offer is only valid for the next 40 days, until June 24.

    Why the offer? All else equal it would appear as if Deutsche Bank suddenly needs liquidity quite urgently (but only enough per person so that in a worst case scenario the amount is fully insured by the government) with a 3 month lock up; so urgently it is willing to pay sn interest which is higher than on some European junk bonds.

    It begs the question: how is it that DB can’t get a far, far cheaper deal in the bond market, or using short-term unsecured funds?


    read more.

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May 15, 2016 Posted by | Economics | , , , , | Leave a comment

US Government Economic Recovery Illusion Misses The Mark Completely

  • Published on May 13, 2016
    Stores reporting sales are dropping. More stores will be reporting in the next couple of weeks which will show a further decline. US pushing the idea retail sales have improved, complete illusion. Symantec laying off 1200 employees. Consumers are not spending because they don’t have the jobs and the high paying jobs. California tax revenue almost 1 billion below expectations. Investors are now getting out of the market world wide.

Hitler-Propaganda_make_people_see_heaven_as_hell_wretched_life_as_paradise

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May 14, 2016 Posted by | Economics, Social Trends | , , , , , , , , , | Leave a comment

David Stockman Warns “Get Out Of The Casino!”

Stock-Money-Market-Crash-Down-Arrow

  • David Stockman Warns “Get Out Of The Casino!”
    by Tyler Durden, http://www.zerohedge.com  
    Forget the “wall of worry,” former Reagan OMB Director David Stockman warns a shocked CNBC anchorette that“the frogs are in the boiling water again on Wall Street…and they don’t have enough sense to get out.” The last 600 days of range-bound trading marks the top he explains adding that “we have reached the cyclical top in both GDP and earnings,” which leaves a market trading at extremely expensive levels – “why would you stay in?” Stockman believes that the world economy is heading into a “deep and lasting deflationary recession.” There is no evidence that America is immune, he adds, warning of the potential for 40% downside and just 2% upside in stocks

    As Stockman recently concluded, the last time the Fed’s money-pumping exercise in bubble finance ran out of steam in 2007, an unmistakable “X” appeared in the labor market data. That is, the index of labor conditions rolled over in January 2007, even as the monthly BLS job count continued to rise, adding nearly 1 million “new jobs” before peaking 12 months later in January 2008.

    read more.

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May 14, 2016 Posted by | Economics | , , , , , | Leave a comment

Raw Venezuela: Looter Burned Alive, While “Streets Filled With People Killing Animals For Food”

  • Raw Venezuela: Looter Burned Alive, While “Streets Filled With People Killing Animals For Food” 
    by Tyler Durden, http://www.zerohedge.com 
    The situation in Venezuela is reaching all out chaos, as crippling socialist policies have resulted in a devastating power and food shortage, as well as looming political instability. This is Caracas today…

    These are hungry Venezuelans protesting that their children are dying from lack of food and medicineand that they do not have enough water or electricity. As AgainstCronyCapitalism reports, this is a country with more oil than Saudi Arabia, and the government has stolen all th emoney and now they bottleneck peaceful protesters and threaten them with bombs (or haul them to prison and torture them).

    On the other side, Vice President Aristobulo Isturiz, speaking on state television, said that a separate march will be held to support the extension of President Nicolas Maduro’s economic emergency decree.

    read more.
http://www.zerohedge.com/news/2016-01-22/what-death-nation-looks-venezuela-prepares-720-hyperinflation

Click on image for article.

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May 13, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , | Leave a comment

Catherine Austin Fitts: Painful Process Coming for America Not Going to Be Pretty

  • Published on May 10, 2016
    It’s official. Total fraud is propping up every corner of the global economy. Former Bush Administration (41) Assistant Secretary of Housing, Catherine Austin Fitts says, “Here’s the problem with this situation, and it’s mind boggling. When you have an economy on a managed basis, and get this far away from a market economy, the problem is the primary trend in the dollar, bonds, stocks, and gold is . . . totally in question and can go either way. A lot of it is because you have a politically managed system and not a market economy. The more you politically manage it, the lower the productivity goes. So, it is really a house of cards. The money managers are looking at this, and they are very nervous and for good reason. A politically managed system is not as robust and healthy as one managed by market economics. . . . You have a failure of the political system to face and manage and deal with what is going on. . . . We have managed this system by being more and more and more secret. George H. W. Bush said the other day that the American people can’t handle the truth. I think they can handle the truth, and one of the reasons I am encouraged by Trump is he is going to start bringing more of it out. That’s what we need. It’s the only way we can get out of this. We are being killed by a politically managed system that is being driven by more and more privilege and more and more secrecy. We’ve got to go to transparency, and it’s going to be a very painful process for the American people. It’s not going to be pretty. The game of musical chairs is upon us. It’s not coming, it’s here.”

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May 13, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

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