Socio-Economics History Blog

Socio-Economics & History Commentary

The Petro Dollar Is Dead, Dollar Devaluation, Pensions Lost, World Currency — James Rickards

http://www.globalresearch.ca/the-financial-new-world-order-towards-a-global-currency-and-world-government

Click on image for article.

http://americanfreepress.net/?p=1263

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

Bond Bubble Popping? | Rick Rule

  • FinanceAndLiberty.com Published on Feb 14, 2018
    President of Sprott US Holdings tells Silver Doctors why he’s bearish on bonds and bullish on precious metals. With the recent rise in the US 10-year Treasury yield, Rick Rule says the bond bull market could be at its end. A reversal in the bond market could be bad for most markets, including equities and real estate. “For 40 years,” Rule explains, “the most important determinant in precious metals’ prices has been the strength – or at least the perception or strength – in the US Dollar, particularly the US Dollar as expressed by the interest rate on the US 10-year Treasury.” In other words, if the bond bull market is over, then the precious metal bull run is just beginning. This year, Rule says he is more bullish on mining stocks than the physical metal.

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

The Criminal Banks KNOW Something Is Very Wrong — Lynette Zang

  • SGTreport Published on Feb 13, 2018
    Lynette Zang from ITM Trading joins me to discuss the economy, precious metals and the storm that’s brewing. The criminal banks have stopped lending to each other because they know something is very wrong. Will the masses realize it – or be told about it – before it’s too late? Probably not. But you will.
https://www.itmtrading.com/blog/insider-trading-market-troubleare/

Click on image for article.

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February 15, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

The Financial Market Mess, Revaluation of Price of Gold, Global Reset — Q&A with Eric Griffin and Lynette Zang

  • ITM Trading Streamed live 10 hours ago
    Eric Griffin takes your top questions to ITM Trading’s Chief Market Analyst Lynette Zang. Questions: https://www.itmtrading.com/blog/finan…

    Viewer Submitted Questions:
    Question 1. Silver Birddog: I have a question about median home value in 1920 vs median home value today. When the price is divided by ounces of gold, they are both roughly 239 ounces. Could you get The Queen to opine on that?

    Question 2. Francisco: I do believe gold is a good store of value, but I also know is vulnerable to government grabs. The government has forced people to hand over their metals at a price set by the government before, so they can do it again. One can’t ignore history unless you want to repeat it. What are your thoughts on that?

    Question 3. John B: do you think the bond market will crash along with the stock market?
    Question 4. Arnold Z: What happens when the quadrillion in derivatives blow up?
    Question 5. Rich: in light of a money reset in the US, why would holding a well-run precious metals mining company, be devalued?
    Question 6. Barry S: After looking over your slides and I watch your presentation of ” The Market is in Trouble” you show where the banks are not lending to each other as they used to. First is this a function of the Fed that stopped it? or is this a function of the interest rates that too much is at risk to lend out their funds?

    Question 7. Laura P: Would somebody please ask Lynette to include an explanation of what ‘running the stops’ means in terms of the ‘holy shit’ day the market just had.

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February 13, 2018 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Lynette Zang: Wall Street, Manipulation and Lies…Oh My

  • ITM Trading Streamed live 6 hours ago
    Supporting Links and Slides: https://www.itmtrading.com/blog/insid…
    Is this the beginning of the visible fiat market collapse the central bankers have managed to postpone since 2008? Perhaps, time will tell. But frankly, at the least, this should be a wake-up call. People want to ride the markets and believe they can get out just before a crash. Did you know in 2008? Did you know that January 28th the current market high? Did you sell your stocks on January 27th? Only if you were lucky. Personally, I’d rather be two weeks too early, than one second too late. If you have not done so already, take advantage of this gift and reposition your wealth into REAL assets that are the only undervalued monetary instruments on the planet…physical gold and silver.

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February 10, 2018 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

The Banks Are Gtting Out First: Where Did All Our Money Go? | Lynette Zang

  • Reluctant Preppers Published on Feb 8, 2018
    Remember the rule to not be misled by what they are saying and FOLLOW THE MONEY, since ACTIONS SPEAK LOUDER THAN WORDS? After years of unnatural melt-up across most markets that have been defying all conventional wisdom, capped by the recent skyrocket of Cryptocurrencies, we suddenly got a CRYPTO-CRASH and the greatest one day loss ever in the DOW. But did you know there was an EPIC PATTERN SHIFT that NO ONE IS TALKING ABOUT, that preceded these crashes, and how can we tell that 2018 is set up for the rockiest ride of our lives? Lynette Zang, Chief Market Strategist for ITM Trading, rejoins Reluctant Preppers’ founder Dunagun Kaiser, to expose the startling signal that foretold these crashes, and may well indicate the smartest money is RUNNING FOR THE EXISTS FROM EVERYTHING BUBBLE and LEAVING US HOLDING THE BAG.

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February 10, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

London Paul: Gold & Silver / Asset Backed Crypto-Currencies Will Be the Future

  • London Paul: The Return To Gold & Silver Is Not Something That Will Drag On For Months
    by https://www.silverdoctors.com/
    London Paul says the days of fiat currency are coming to an end. Here’s what it means for the world in general, and the U.S. dollar specifically…London Paul interviewed by Rory Hall on The Daily Coin:

    In this timely interview, Rory and London Paul discuss the latest developments with the various BRICS gold trade platforms. London Paul explains the various platforms and what they mean for the course of the world. The bottom line is that the dollar is dying and the world is moving to a monetary reset which will culminate in a return to gold, silver and asset-backed cryptocurrencies.

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February 9, 2018 Posted by | Economics | , , , , , , , | Leave a comment

Jim Willie: Dollar Rejection, Gold Trade Notes, Cryptos … Bond Market Storm

  • Jim Willie, GoldenJackAss
    February 5th:  a wide variety of topics were covered within the diverse financial system, with a firm attempt to integrate the many concepts, platforms, and events within the crypto currency and blockchain arena, but with emphasis given by the Jackass to the primary event of today being the death march of the King Dollar and the sunset of the Petro-Dollar system

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February 9, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: The Market is in Trouble… Are You?

  • IMO, the most important chart in Lynette’s presentation is bottom of post. What happened on 3 Jan 2018 when Inter-Bank Loans collapsed? This is definitely more serious than a market correction.
  • ITM Trading Streamed live on Feb 7, 2018
    Slides and Links:: https://www.itmtrading.com/blog/insid…
    Is this the beginning of the visible fiat market collapse the central bankers have managed to postpone since 2008? Perhaps, time will tell. But frankly, at the least, this should be a wake-up call. People want to ride the markets and believe they can get out just before a crash. Did you know in 2008? Did you know that January 28th the current market high? Did you sell your stocks on January 27th? Only if you were lucky. Personally, I’d rather be two weeks too early, than one second too late. If you have not done so already, take advantage of this gift and re-position your wealth into REAL assets that are the only undervalued monetary instruments on the planet…physical gold and silver.
https://www.itmtrading.com/blog/insider-trading-market-troubleare/

Click on image for article.

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February 9, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

The US Dollar Has Been Rejected Globally, People Will Be Ruined: Rob Kirby

February 8, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

BRACE YOURSELF FOR FURTHER CARNAGE, 1000+ Point Crash is NOTHING | Jim Willie

  • FinanceAndLiberty.com Published on Feb 7, 2018
    The Dow suffered its worst point decline ever Monday. Jim Willie tells us this stock market carnage is nothing compared to what is to come…

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February 8, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Craig Hemke: Gold & Silver Rebound on Sinking Dollar

  • Craig Hemke: Gold & Silver Rebound on Sinking Dollar
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Financial writer and precious metals expert Craig Hemke contends there is no mystery why the dollar is going down in value. Hemke explains, “You’ve got the Fed wanting a lower dollar.You’ve got the President of the United States wanting a lower dollar and, lo and behold, the dollar is going down.  It was a year ago, about this time, when the predominate story was “king dollar.”  The dollar was going to soar and all this kind of jazz.  Last year (2017), it looked like it was breaking out, and it got to 103 (on the USDX).  Instead, it fell by 10% and, so far this year, it’s already down about 3%, and here we are just in early February.  It’s not straight down.  It’s probably not going to plunge in 2018 as fast as it rose in 2014, but anyone can take a look at a chart and see it’s going down.  This has significant implications for this year and going into next year.  If it was disinflation on the way up, it will be inflation on the way down.”Hemke thinks commodities are undervalued and cheap relative to stocks, which just had the biggest one day sell-off in years. Hemke contends, “$15 trillion worth of QE has been applied, $15 trillion worth of currency created in the last 8 years. . . . So, there are trillions and trillions of dollars that are sloshing around the planet, and when they all head in one direction, you get things like Bitcoin.  If all of this money starts to head into commodities due to a falling dollar and recognition of inflation, commodities are going up, as is crude, as is silver.  I think it would be wise of people to position themselves ahead of it. . . . The commodities sector will rebound on the sinking dollar.”

    Hemke says the dollar is not just facing technical forces of devaluation, but it also faces some political risk. The dollar is basically a confidence game, and if people lose confidence in the U.S., the dollar can take a sharp beating.  Hemke says, “This is something we are going to be talking about all year.  I call it the three major themes for 2018. . . . Political risk. . . . Geopolitical risk . . . and de-dollarization.  You can see how these pieces fit together. . . . This could get more disorderly than it was in 2008. . . . The point of this forecast is not to sit here and say gold is going back to $1,900 (per ounce) by this time next year and then going to $5,000.  What I am trying to say is people need to recognize an opportunity when it presents itself.    We have had to sit and put up with this garbage for the last five years with prices getting continually pounded, rallying and then getting beaten back.  Now, you can see on the chart, and not just gold, it’s silver, it’s crude oil, it’s copper and all these other commodities . . . There is an opportunity here for people who want to take advantage of it.”
http://www.wnd.com/2008/03/59405/

Click on image for article.

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February 5, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Gold Bullion Price Suppression To End? Bullion Bank Traders Arrested For Manipulating Market

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

  • No USA banks/banksters were arrested! The biggest price manipulator is still doing the price suppression as of the past few days. Why aren’t they arrested? A few theories, the most plausible is that they are agents for the US GMan in the suppression scheme.
  • Gold Bullion Price Suppression To End? Bullion Bank Traders Arrested For Manipulating Market
    by https://news.goldcore.com/
    Gold Bullion Price Suppression To End? Bullion Bank Traders Arrested For Manipulating Market

    – CFTC fines UBS, HSBC and Deutsche Bank millions of dollars each for gold price manipulation 
    – Deutsche Bank ‘engaged in a scheme to manipulate the price of precious metals futures contracts’
    – UBS ‘attempted to manipulate the price of precious metals futures contracts’
    – HSBC engaged ‘in numerous acts of spoofing with respect to certain futures products in gold and other precious metals’
    – Gold ‘experts’ continue to deny legal rulings, evidence amassed by GATA, admissions by banks and central banks including Greenspan and monetary history
    – Counter intuitively, gold bullion price suppression is good news for those prudent few who look at the situation ‘holistically’, take a long term view and buy gold and silver bullion as insurance

    read more.

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February 3, 2018 Posted by | Economics | , , , , , | Leave a comment

The Next Collapse: Signaled by the Bond Market

  • ITM Trading Streamed live 7 hours ago
    To view the Slides and Links: https://www.itmtrading.com/blog/next-…

    Something is going on in the global bond market and it doesn’t look good for most of the other markets. In the US Treasury market, yields have broken above resistance levels not seen since 2014 respectively and we’re seeing similar moves in the global sovereign bond markets. There are many reasons interest rates matter, today we’re going to look at three of those reasons. First is the debt that was taken on with interest rates near zero that now has to be rolled over at higher rates.


    Secondly central bankers knew that if bond interest income was taken away from savers, they would take on more risk in a reach for yield. Particularly if stock dividends were paying more than bonds, thus we have the most expensive stock market in history. In February, that seems to be changing. As interest rates are hitting levels not seen since 2014 and earlier, global stock markets are falling.

    Which takes us to the third topic, all those opaque derivatives bets which dwarf all markets combined. From the most current OCC report on derivatives in the FDIC banking system, we can see that banks are leveraged 24.7 to 1, derivative bets to assets. Keep in mind that bank “assets” include your deposits, brokerage accts. etc. and the bail-in laws are in place. As a reminder (think Cyprus 2013 and Greece 2015) when a bank becomes insolvent they have the right to halt or control withdrawals. In Cyprus, capital controls were in place for roughly 2 years and in Greece, they are still in place.

    The real reason central bankers are attempting to raise interest rates at this time is to have the ability to lower them when the next crisis hits. In the US, going back to the early 1980’s, interest rates were lowered to “stimulate” the economy an average of 6.5%., so when the next crisis happens, central banks are most likely to plunge us into negative rates. Nor does their balance sheet have enough room to take on more debt to mask this next crisis. Debt fiat system over. So what can you do? Be prepared to be as independent as possible, so my mantra; food, water, energy, security, community, barterability and wealth preservation.

    History proves that physical gold and silver in your possession protects wealth and positions opportunities better than any other asset. That’s why those that understand money own gold and silver.

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February 3, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

A Geopolitical Event Will Push Zinc & Other Metals To Surge: Max Porterfield

February 2, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment