Socio-Economics History Blog

Socio-Economics & History Commentary

Silver “Rocketship” – $100 Silver Soon | Bill Murphy

  • Published on Apr 29, 2016

    – Silver to go parabolic ►0:48 
    – Gold market update ►2:47 
    – Banks manipulating gold and silver prices – the proof is here! ►4:27 
    – Will silver’s price surpass gold’s price? ►9:44 
    – Is there plenty of silver supply or not? ►10:41 
    – Are silver ETF’s safe? ►12:10 


April 30, 2016 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Why Is JPM’s “Quant Guru” Suddenly Worried About The “Endgame” – Devaluation of All Currencies Against Real Assets Such as Gold

Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

  • Why Is JPM’s “Quant Guru” Suddenly Worried About The “Endgame”
    by Tyler Durden,  
    When JPM quant Marko Kolanovic released his latest report today, we were expecting him to read his latest insight on the positioning of quant funds, on the relative imbalance of risk parity, or perhaps whether market gamma was suggesting that the market is poised for an inflection point, either lower or higher. Instead, we were surprised to read an extended analysis looking at how trapped the “out of options” central banks are, what the next steps are for the global economy, how the market is now as overvalued as it was before the 2000 crash, how rising rates “would make the current S&P 500 level look like a bubble”, and the exhaustion of all available policy options, which he dubbed the “endgame.” To wit:

    If investors lose confidence that the debt can ever be repaid, they will reduce their holdings, increasing the cost to governments or inviting more central bank buying. This can eventually result in the devaluation of all currencies against real assets such as gold, high inflation or even outright defaults (as was the case in Greece). If such a trend develops in one of the large economies, it could have far-reaching consequences.

    We were most surprised by Kolanovic’s strong case to buy gold, although considering it comes just one week after a Pimco economist dared to propose that central banks should monetize gold next in an attempt to massively boost inflation expectations (while send the price of gold to $5,000), perhaps we are not that surprised.

    read more.


April 30, 2016 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

We Just Received A Economic Whisper Signalling The Crash Of The System Is Approaching

  • Published on Apr 29, 2016
    Greek unemployment is inching up. UMich consumer sentiment declines, people losing hope. Caterpillar shuts down factories lays off employees. Spending falls, people are not spending their money on big ticket items. Atlanta Fed forecasts 1.8 GDP for 2Q. Gold increases signalling the collapse is getting closer. Russia overtakes Canada and the US in wheat exports.


April 30, 2016 Posted by | Economics, Social Trends | , , , , , , , , , , , , , | Leave a comment

Navy SEAL: Massive Collapse Inevitable

  • Published on Apr 27, 2016
    Alex Jones talks with fomrer Navy SEAL Matt Bracken about what he predicts will happen when ISIS or another radical Muslim group launches an attack on American soil.

ISIS(ISIL), Al Qaeda … = CIA jihadists. Click on image for article.

Click on image for article.

16 Nov 2015: The guy on the right falls asleep about four times throughout video. Click on image to goto video.

Click on image for article.

The Illuminati is getting pretty desperate. They are releasing ISIS videos almost every week. This is a sign that the end is near. Global economic, financial and currency collapse and WW3 imminent. Click on image for article.

CIA_production-ISIS_Flames_of_War_Fighting_has_just_begun video


April 29, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | Leave a comment

‘The Hunger Games’ Power Cuts And Shortages Spark Looting in Venezuela

  • I bet most of these Venezuelans wish they have physical gold. What is happening to Venezuela is coming to many countries around the world. Got physical gold/silver yet?
  • Published on Apr 28, 2016
    The Venezuelan city of Maracaibo on Wednesday cleaned up from a night of looting and fiery protests as government offices closed their doors for the rest of the week in the face of a worsening energy crisis that is causing daily blackouts. Hundreds of police fanned out and more than 100 people were arrested there for looting that damaged dozens of businesses, according to local authorities.


April 29, 2016 Posted by | Economics, Social Trends | , , , , , , , , , | Leave a comment

This Is The End: Venezuela Runs Out Of Money To Print New Money


  • This Is The End: Venezuela Runs Out Of Money To Print New Money
    by Tyler Durden, 
    Back in February, when we commented on the unprecedented hyperinflation about the be unleashed in the Latin American country whose president just announced that he would expand the “weekend” for public workers to 5 days

    … we joked that it is unclear just where the country will find all the paper banknotes it needs for all its new physical currency. After all, central-bank data shows Venezuela more than doubled the supply of 100-, 50- and 2-bolivar notes in 2015 as it doubled monetary liquidity including bank deposits. Supply has grown even as Venezuela has fewer U.S. dollars to support new bolivars, a result of falling oil prices. 

    This question, as morbidly amusing as it may have been to us if not the local population, became particularly poignant recently when for the first time, one US Dollar could purchase more than 1000 Venezuela Bolivars on the black market (to be exact, it buys 1,127 as of today).

    And then, as if on cue the WSJ responded: “millions of pounds of provisions, stuffed into three-dozen 747 cargo planes, arrived here from countries around the world in recent months to service Venezuela’s crippled economy.But instead of food and medicine, the planes carried another resource that often runs scarce here: bills of Venezuela’s currency, the bolivar.

    read more.

Click on image for article.


April 29, 2016 Posted by | Economics | , , , , , , | Leave a comment

This Is Going To Be The Greatest Transfer Of Wealth When The Economy Crashes: Gregory Mannarino

April 29, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Japanese Bloodbath After BoJ Disappoints – Nikkei Drops 1000 Points, USDJPY Crashes


  • Japanese Bloodbath After BoJ Disappoints – Nikkei Drops 1000 Points, USDJPY Crashes
    by Tyler Durden, 
    If there was a sign that nothing else matters but central bank largess, this was it. The moment The Bank of Japan statement hit and proclaims “unchanged” a vacuum hit USDJPY and Japanese stocks. Reflecting that Japan’s economy has “continued a moderate recovery trend” which is utter crap given the quintuple-dip recession, Kuroda and his cronies said they will “add easing if necessary” and apparently that is not now. Not so much as a higher ETF purchase or moar NIRP.. and theaftermath is carnage – NKY -1000 points and USDJPY crashed to a 108 handle!!


    read more.


April 28, 2016 Posted by | Economics | , , , , , | Leave a comment

China And Russia Look To Take Over Global Gold Trading

Remember the Golden Rule: "He who has the gold, rules!"

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

  • China And Russia Look To Take Over Global Gold Trading 
    by Dave Kranzler,  
    BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious metal. In China, the gold trade is conducted in Shanghai, in Russia it is in Moscow. Our idea is to create a link between the two cities in order to increase trade between the two markets,” First Deputy Governor of the Russian Central Bank Sergey Shvetsov told TASS  –, April 19 

    The article in from which the above quote is sourced surprisingly did not receive a lot of attention from the alternative media.  Perhaps it was overshadowed by the highly anticipated move by China to commence fixing the price of gold on the Shanghai Gold Exchange in yuan.  I suggested that we would not see an immediate impact on the price of gold, which we have not, but that the move was part of a larger plan by China to “de-dollarize” the world.

    Also largely ignored by the alternative media was the fact that Russia added another 500,000 ounces of gold to its Central Bank reserves – data provided by To put this into some context, currently the Comex, which is sporting over 50 million ounces of paper gold open interest, is reporting 643k ounces of gold designated as available for delivery (“registered”).   In 2015, Russia added a record amount of gold tonnage to its Central Bank stash.

    I would argue, as would many, that China and Russia are strategically and methodically weaning the world off paper gold and fiat currencies and are looking to officially remove the dollar from its reserve status and to re-introduce gold into the global monetary system – without triggering WW3.   Of course, this would explain the Obama Government’s recent military belligerence toward both countries…

    read more.


April 28, 2016 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Ticking TimeBomb: Americans in Horrible Financial Shape Just Prior to the Next Crisis

April 28, 2016 Posted by | Economics, Social Trends | , , , , , , , , , , , , | Leave a comment

John Williams: Dollar Selling Panic Coming. Dollar Will Blow Up and Collapse

  • John Williams: Dollar Selling Panic Coming. Dollar Will Blow Up and Collapse
    by Greg Hunter’s
    Economist John Williams has long predicted the $16 trillion in U.S. dollar assets held outside of America will be sold in a panic. The time draws near for that scenario to unfold, and Williams explains, “When people start selling the dollar, or dollar denominated assets, you will see the value of the plunge.  We have had a remarkable rally in the dollar since mid-2014, and it is up over 30%.  It is going to be going down by more than that, and we are going to be headed to new lows.  We have the waffling of the Fed and the beginnings of the perception that the economy is in serious trouble, which generally would be negative for the dollar.  We have started to see selling pressure on the dollar.  It has been inching lower.  It’s down year to year now. . . . The selling is going to intensify, not only with large central banks, but with corporations that will be beginning to dump their Treasury holdings. . . . Nobody wants to be the last one out the door when you have a panic like this.  It’s not a panic yet, but the potential certainly is there.”

    Williams also says, “The dollar will blow up, and when I say blow up, it will collapse. There will be panic selling of the dollar, and that will intensify the inflation.  The problem is they don’t have a way of avoiding it.  If they could somehow get the economy back on track, they would have some room to work, I think, but the economy has never recovered.  That’s being seen now in these revisions.  At the end of this week, we are going to see bench mark revisions to retail sales. . . . So, you are going to see some downside revisions to the retail sales.  You already have it with industrial production, and now you are going to have it with retail sales.  We are very close to turning negative with the first quarter GDP . . . We are in a recession now, and they would be inclined to call it that once they get a contracting GDP, and everything else is beginning to show that. . . . You are going to see a formal recession declaration not too far down the road.  It hasn’t happened yet, but it will.”

    So, the Fed sold a grand lie since 2009 that there was a so-called recovery, and there was no real recovery? Williams says, “Effectively, yes.  There was a little bit of a bounce up, but the other numbers show we never really had a recovery . . . They don’t want to come out with a negative forecast, but everybody knows it’s not recovering. . . . The economy is turning down rapidly.  We have a new recession.”

    read more.


April 28, 2016 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Long Awaited Gold Breakout!


  • Jim Willie: Long Awaited Gold Breakout!
    by Jim Willie,, via  
    For the last year or more, not an elephant, not a gorilla, but a dragon has been found at the dinner table. Its breath has just made everybody at the table totally bald with some scorched red faces. Now all are looking at each other, wondering who will first mention the bald guys at the table. The Shanghai levers are finally functioning, starting with the Gold Fix and continuing with the RMB-based gold futures contract (which delivers gold metal oddly). The game is finally on, as in the climax chapter to the End Game.

    Paper gold is totally disconnected from fundamentals. The paper charade is as impressive as it is corrupt. Its enemy is physical gold and related demand. Silk Road nations have strong gold demand, which will disrupt the entire geopolitical balance of power, extending from trade and non-USDollar platforms. The West has the corner on toilet paper used in the gold market. The United States has the corner on the USDollar, used in fraud and illicit tolls.

    Paper Gold is a term used to describe the actively traded futures contracts which determine the gold price. Owning such paper instruments is not the same as owning physical gold bullion, since corruption defrauds the investor and interrupts the claim. Most investors remain largely unaware of how disconnected the paper markets (COMEX in United States & LBMA in England) are from reality. The entire concept of contractual (paper) price discovery has been corrupted beyond all recognition. The activity in the last couple years has raised great alarm due to the rapid pace of divergence between paper gold prices and the tangible world fundamentals within the gold arena.

    read more.


April 27, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Gerald Celente: Future Trends And Why Gold Is Going To Go Up

April 27, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Dollar Death by Gold (TruNews Radio)

Click on image to listen to download MP3 file of interview.

Click on image to listen to download MP3 file of interview.

  • Jim Willie: Dollar Death by Gold (TruNews Radio)
    Hat Trick newsletter publisher Jim Willie joins Rick for a riveting 90+ minute explosive interview about the implosion of the Western financial empire and the rise of the Eurasian empire. Could the US Petrodollar end this summer? This is the best Jim Willie interview of 2016!


April 27, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Semiconductors Signal No Relief in Global Macroeconomic Slowdown


  • Semiconductors Signal No Relief in Global Macroeconomic Slowdown
    by ,  
    The industrial slowdown predicted by semiconductors is coming true.

    We are operating in an environment of sluggish global economic growth, deflationary raw material trends, and heightened geopolitical tensions. The demand picture in China has not yet resolved itself, and growth in Europe and North America remains modest. We will continue our focus on commercial discipline, operational excellence and productivity to manage through the current environment.” -Mark Rohr, Celanese (NYSE: CE) CEO

    In other words:

    * The low growth macro continues.
    * A China slowdown is underway. Demand is still unclear four+ months into the year?
    * Corporate belt-tightening is underway.
    * Big surprise: no layoffs announced.

    This is a zero growth environment. Celanese is a leading manufacturer of acetyl based chemicals. Everyone uses its products: automotive, consumer electronics, construction, industrial, food, pharmacy, and agriculture. Things are worse than they appear: CE’s 1Q 2016 topline still shrank after initiating significant price hikes.

    Volume demand is just falling, which means payrolls are under threat.

    Celanese began small job cuts in 4Q 2015. No layoffs were announced in the earnings release, but what Celanese meant by “commercial discipline” and “operational excellence” is that, under these conditions, hiring is not going to happen.

    read more.
Obama peddling his economic recovery fiction!

Obama peddling his economic recovery fiction!



April 27, 2016 Posted by | Economics | , , , , , , , , | Leave a comment


Get every new post delivered to your Inbox.

Join 1,127 other followers