Socio-Economics History Blog

Socio-Economics & History Commentary

The Physical Economy Is Deteriorating At An Accelerated Pace, It Will Not End Well: David Morgan

December 11, 2017 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Lynette Zang: Global Currency Reset, Revaluation of Gold …. Q&A

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December 9, 2017 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Dual Universe Of The Petro Yuan And Petro Dollar Has Arrived, It’s All About To Change: Jim Willie

December 6, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Jim Willie: Saudi Arabia Buying Time

https://ochelli.com/wp-content/uploads/2017/10/The-Ochelli-Effect-2017-10-13.mp3

Click on image for MP3 audio interview.

  • Jim Willie: Saudi Arabia Buying Time
    by https://ochelli.com/
    Ochelli Effect 12-1-2017 Jim Willie
    He’s Baaaack! Jim Willie , The editor-in-cheif and founder of The Hat Trick Newsletter & GoldenJackass.com un-packs the recent palace intrigues in the kingdom of oil and everything else greasy.  Saudi Arabia Buying Time ? We are privileged to get Jim’s take on many shell games being run in the grand casino of financial fun and games on a global scale. How and Why are the Saudi Royals “Buying Time”? Listen and find out. Also is there a connection to other publicly covered events in other deserts? By the Way , Is there a PhD thesis that Jim could , should , would destroy if he took his Golden Jackass Flamethrower to it ? Never bet against Willie The Jackass , He’ll beat you by at least a Hat Trick.

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December 3, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Prepare Yourself Your Way Of Life In The US Is About To Change: Phil Sloan

December 1, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , | Leave a comment

Hundreds Of European Banks Are In Trouble, This Is Going To Be A Disaster

  • X22Report Published on Nov 28, 2017
    Gold was slammed down again, the constant slams might be an indication that the system is becoming unstable and they want to keep people away from gold. The retail apocalypse continues and this year was the worst, next year might top 2017. US home prices soar to their highest level yet, the bubble is getting ready to pop. 114 Italian banks are in trouble and there are many others around Europe that will not do well during the next financial crisis.

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November 29, 2017 Posted by | Economics | , , , , , , , | Leave a comment

The Central Banks Are Ready To Make A Move On Gold, It’s Not What You Think

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!

November 28, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

Rob Kirby: Bankers Will Send Gold and Silver Prices to the Moon. Dark Money Will Cause Hyperinflation

  • Rob Kirby: Bankers Will Send Gold and Silver Prices to the Moon. Dark Money Will Cause Hyperinflation
    by Greg Hunter’s USAWatchdog.com  (Early Sunday Release)
    Macroeconomic analyst Rob Kirby says there is enough so-called “Dark Money” already out there to cause hyperinflation. Kirby explains, “The Saint Louis Fed keeps track of the monetary aggregates, and they tell us the money supply is “X.”   My view of reliability of that data reporting–I think it’s all bogus because they are not measuring or counting how many dollars would be contained in an entity like the Exchange Stabilization Fund (ESF) where it’s “Dark Money.”  Instead of the money supply being “X,” maybe the real money supply is 4 or 5 or 10 times “X.”

    So, the money needed for hyperinflation does not need to be created, it’s already in existence. Kirby says, “Yes, it is in existence.  It’s hiding in dark pools where the monetary elites have it at their disposal anytime they want to do an intervention in the gold market and dump paper dollars or digital dollars into the COMEX to knock the price of gold down.  They have it at their fingertips whenever they want to use it.  When the U.S. government auctions bonds, and the foreign interest isn’t big enough to soak up all the bonds, they have this dark slush fund where they can pull money out of  . . . and they can effectively prop up and buy bonds whenever they want.  I find it truly amazing that the United States of America has never had a failed bond auction.”

    Kirby also points out, “If you accept that these “Dark Dollars” exist, I now pose this question. What happens if the people in control of those “Dark Dollars,” the trillions of “Dark Dollars” that are in existence, what happens if they get concerned that those “Dark Dollars” might soon turn into confetti and be worthless?  What do you think they’re going to do with those dollars then?  . . . . They would buy everything and anything, anything they perceive to be rising in value or tangible, anything they think would be accepted in commerce around the world.  Bitcoin would be one of the go-to things, but I would say expressly the real objects of that money would be the physical metals, gold and silver.  This could topple the debacle that goes on in paper markets in COMEX and London.   I have long predicted, and I do believe I will live to see a day, that you cannot buy an ounce of gold with fiat money.”

    read more.

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November 26, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Give Thanks and Pass the Jackass

www.goldenjackass.com

Click on image to play interview MP3 file!

  • Jim Willie: Give Thanks and Pass the Jackass
    by Turd Ferguson, https://www.tfmetalsreport.com/
    In a holiday tradition here at TFMR, our old pal Jim Willie returns today to discuss a wide range of issues with questions posed by listeners in our A2A webinar format.

    Following an initial, 30-minute discussion of the significance of the recent events in Saudi Arabia, The Jackass spends nearly an hour fielding questions directly from the audience. Among the topics covered:

    * the growing economic conflict between the US and “the Eurasian Alliance”
    * the Swiss banks and shortages of allocated gold
    * reports of US intervention to allow ISIS terrorists to escape Raqqa
    * that “The Big Reset” has already begun, you likely just haven’t noticed
    * the Saudi Aramco IPO and what it signifies
    * Jim’s preferred asset allocation mix
    * and, in true Jackass free-form style, a whole lot more in between

    This baby checks in at 85 minutes. At an average speed of 70 mph, that means you can cover nearly 100 miles of drive time while listening on your way to your in-laws! For everyone else, maybe break it up into segments so that you don’t miss anything.

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November 25, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Next Financial Crisis Is Going To Be Worse, Gold, Silver & Miners Will Break Out: Keith Neumeyer

November 23, 2017 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Here Comes The Move Out Of Cryptocurrency And Into Gold & Gold Stocks

  • Here Comes The Move Out Of Cryptocurrency And Into Gold & Gold Stocks
    by https://www.silverdoctors.com/
    Jeff Berwick of the Dollar Vigilante is starting to take profits from cryptocurrency and invest them into the gold sector. Here’s the details…

    Jeff Berwick interviewed on Palisade Radio

    Jeff has been surprised by just how good the crypto space has done this year. He was telling everyone to buy bitcoin back in 2011 and has continued to recommend it. Jeff compares cryptocurrencies to the beginning of the Internet. It feels like we are entering the Internet 3.0 and Wall Street seems to be finally catching on. The bitcoin market is still tiny, and if it ever gets valued anywhere near gold, it will still go up thousands of percent. The entire thing is bizarre and mind-blowing.

    He didn’t expect his bitcoin price target to more than double this year nor did he expect alt-coins to do so well. The space is volatile, and crashes are to be expected, but overall he is still quite bullish.

    It’s tough to tell where we are at but very few people seem to own any bitcoin. Some individuals seem to be piling in, but when you look at valuations, they are still low quite at around 220 billion dollars. This is far less than the valuations for Facebook or Apple.

    Just like most gold bugs he also wants to get rid of central banks and fiat currencies. Cryptocurrencies are exciting as they have the potential to help facilitate that change. If we can turn things around the world will be a much better place.

    read more.

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November 21, 2017 Posted by | Economics | , , , , , , , , , , , | Leave a comment

The Economy Is One Big Scam And This Is Why: Craig Hemke

November 21, 2017 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

The Central Banks Are Now Preparing For The Financial Crisis

  • X22Report Published on Nov 17, 2017
    After Jamie Dimon slammed bitcoin for being a money laundering tool, JP Morgan has been busted for money laundering. Is online sales pushing the brick and mortar stores over the edge? Wall Street responds to the brick and mortar meltdown, WS creates and ETF that if b&m retail declines you make money. Empty retail space in Manhattan is growing, the rent is outrageous. Another step forward for sound money, Texas opens its gold reserve. The central banks are changing the way they do business and they are preparing for the financial crisis.

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

Jim Willie: Entire Western System Infected with Satanism. End of Petrodollar

  • INTERVIEW WITH PLANE TRUTH OF TIME MONK RADIO
    by http://goldenjackass.com/main5.html
    November 17th:  topics covered include the Global Paradigm Shift of financial insolvency and debt saturation in the West versus the infra-structure development and non-USD platforms in the East, the three global breakdown elements 1) crumbling Petro-Dollar with diverse ramifications, 2) failing banking system propped by QE hyper inflation, 3) development of Eurasian Trade Zone with One Belt One Road as massive diversion from the USDollar Sphere, the retirement of the Petro-Dollar that leads to quickening of events in the financial structures and geopolitical framework, the slipped power of the USMilitary with vulnerable Aegis system, the US/ Western political factions at work with President Trump versus the Fascist NeoCons, the rise of the Dual Universe (USD vs RMB) to be tolerated by the USGovt finally, the return of German trade ventures with Russia, the potential for European Union breakup with focus on Italy and France, the gold price suppression to crash up against the Gold Trade Note.

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

Peter Schiff: Gold Will Explode & Dollar Wiped Out. Mother of All Bubbles Too Big to Pop

  • Peter Schiff: Gold Will Explode & Dollar Wiped Out. Mother of All Bubbles Too Big to Pop
    by Greg Hunter’s USAWatchdog.com 
    Money manager Peter Schiff correctly predicted the financial meltdown in 2008. Now, 10 years later, what does Schiff see today?  Schiff says, “I predicted a lot more than just the stock market going down back then.  I predicted the financial crisis, but more importantly, I predicted what the government would do as a result of the financial crisis and what the consequences of that would be because that’s where we’re headed.  The real crash I wrote about in my most recent book is still coming. . . . This is the third gigantic bubble that the Fed has inflated, and when this one pops, it’s not going to be ‘the third time is a charm.’  It’s going to be ‘three strikes and you’re out.’  I think this bubble is too big to pop.  I think it’s the mother of all bubbles, and when it bursts, there is not a bigger one that the Fed is going to be able to inflate to mask these problems, meaning we can’t kick the can down the road anymore.”


    This time, the crisis is going to hit everyone in the wallet. Schiff goes on to say, “I think the problem we are going to be confronted with is going to be much worse than a financial crisis.  It is going to be a dollar crisis, and it is going to be a sovereign debt crisis where the bonds people are worried about are not some sub-prime mortgages. . . . It’s going to be the U.S. government that people are worried about and the solvency of the U.S. government and the Treasury bonds.  If it’s a dollar crisis and people are worried about the dollar, the only thing worse than owning a dollar today is owning the promise of being paid in dollars in the future.  I don’t think we have the courage to default and admit to our creditors that we don’t have the money and we can’t repay.  I think we will create all the money that we need so we can pretend to repay, but what we end up doing is wiping out the debt with inflation.”

    So, how long can it go on? Schiff says, “How high can the debt go?  I don’t know and you don’t know. . . .How many straws can you put on a camel’s back?  You don’t know until you put that final straw that’s one too many and you break his back.  So, can we go to $25 trillion in debt?  Maybe.  At some point, we are going to break the back of the camel with all this debt.  Then we are going to find out how much debt we can pile on, and it’s not going to be pretty.  Everybody is going to lose.  Everybody is going to get wiped out who has been partying in the stock market, the bond market and the real estate market.  The dollar is going to tank, and purchasing power is going to get wiped out.”

    read more.

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