Socio-Economics History Blog

Socio-Economics & History Commentary

Alert: Dollar & Markets at Risk to Plummet – John Williams

  • Alert: Dollar & Markets at Risk to Plummet – John Williams
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Economist John Williams is putting out a rare “Alert” on his popular ShadowStats.com newsletter. What does Williams see that scares him?  Williams explains, “There are several factors.  Number one, I think we are at risk of an extreme market reaction just tied to the economy slowing down unexpectedly against headline expectations.  That is going to mess up the Fed’s planning for raising rates and liquidating their balance sheet.  That is going to force them back to quantitative easing (money printing).  That, in turn, will savage the dollar.   As the dollar plummets, so will U.S. stock prices.  They are heavily supported by the influx of capital from abroad. . . . Given the underlying fundamentals in the markets and in the economy, I think all the components are in place for one of the great financial panics of all time.”

    Williams says this is why gold is poised to go up. Williams says, “Gold is the ultimate hedge against all the craziness in the world and very bad financial markets, dangerous currency markets and bad inflation.  Physical gold is the ultimate hedge because it retains its value over time. . . . I have been looking for it to go higher, and it is going to go a lot higher as the circumstances deteriorate.”

    At some point, Williams says, “You are going to see a plunge in the dollar. . . . All of a sudden, they are going to stop raising rates . . . and as the economy deteriorates and puts more financial stress on the banking system, they’ve got to go back to quantitative easing. They can’t let the banking system fail.  They have propped up the dollar, but you are going to see a plunge in the dollar.  The fed does not have to actually move to quantitative easing for the dollar to tank, you just have to have the markets shift in sentiment to that effect, and you will see the dollar tank.”

    read more.

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August 21, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Financial Problems Always Lead To Social Unrest! | John Rubino

August 19, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , | Leave a comment

We Are Witnessing the Failure of Fiat vs Crypto-Currencies | Rob Kirby

  • Published on Aug 17, 2017
    Gold bugs have been anticipating a reset and collapse of the fiat monetary system, but the expected ”flight to safety” response into the physical precious metals has been thwarted SO FAR. But fiat currency is already hyper-inflating against the leading crypto-currencies. The next moves in the geo-political escalations are the desperate endgame of the fiat system in full-on failure. Kirby delivers a pull-no-punches and sobering expose of what may come next, as he brings into sharp focus what each of us must do to take action now, reduce risk, and prepare for the fallout (literally and figuratively!)

    How are ultra-rich elite globalists prepping? If we follow the money, what lessons can a preparedness minded person learn from the powers that be? – Real estate in what regions? (what are the safest places closer to home?) – What real money assets? – What forms of protection? – What role does planning play in your survival?

    What are the signs of the times that point to extreme risk in economic & political events today? Who wields the real levers of power, and are thwarting any reforms for the common good?

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August 19, 2017 Posted by | Economics | , , , , , , , , | Leave a comment

There Is A Major Shift From West To East Occurring As The Dollar Dies: London Paul

August 18, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , , | Leave a comment

Lynette Zang: They Want to Get Rid of Cash. Financial System Cannot be Trusted — Gold $9,300 & Silver $625

  • Lynette Zang: They Want to Get Rid of Cash. Financial System Cannot be Trusted — Gold $9,300, Silver $625 Now
    by Greg Hunter’s USAWatchdog.com
    Market analyst Lynette Zang says get ready for a “money standard shift.” A reset in how we buy and sell things is being put into place. Zang contends, “Look at the crypto currency area because they know that’s where they want to go. They have to take us there so they can get rid of cash, and they can control everything directly. . . . Generally speaking, all these new crypto coins that are coming out and are making lots of money and people marry that money because of nominal confusion, what is really happening is they are preparing us . . . for a money standard shift.”


    Zang explains that the U.S. dollar has lost about 96% of its value since inception of the Federal Reserve, and its value is “nearing the bottom. . . . So, there is no place else to go but to digital currency,” says Zang.

    On interest rates, Zang says with all the massive debt out there globally, rates cannot be allowed to rise, and central bankers “need interest rates to be negative.” Zang says, “Interest rates will not go up too much further because that will trigger the derivative market unless they are ready for the shift . . . because all that debt keeps coming due. It’s not like they are paying that debt off, they are just rolling it into additional debt. Rising interest rates will cost everybody more money.”

    If rates go up to around 4%, Zang contends, “That would be a trigger and cause a derivative event that will implode all the markets.”

    Zang says we are headed towards an undemocratic technocratic financial system. Zang explains, “Technocrats don’t care about people, they care about systems. That’s what the most important thing is. The formulas that guide all of those systems is not how a democracy works. . . . Essentially, what they are trying to do is get all wealth held in cyberspace and the title to all wealth held in cyberspace. Then the “Smart Contract” can immediately transfer that title. You can go to the mall and spend the equity in your house.”

    Zang warns that central banks could make a big mistake and lose control quickly. Zang says, “They could lose control because it’s all about confidence. Why do they keep testing all of this confidence? People have been losing a lot of confidence in the governments and central banks. Why do they need a trustless system? They could lose control.”

    Zang says every fiat currency will reset against gold and silver, and if it happened today, she estimates “gold would be more than $9,300 per ounce” and “silver would be more than $625 per ounce.”  Zang says, given all the unpayable debt in the world, those are conservative estimates.
https://www.rt.com/business/377307-jim-rogers-currency-control-cash/

The plan to microchip everyone with RFID ‘666’ is being implemented now. Click on image for article.

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August 17, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , , , , , , | 1 Comment

Dollar Won’t Collapse – It Will VANISH | Jim Willie

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

Lynette Zang: All Assets Will Be Valued In SDR’s

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

AHEAD: “BREAKDOWN IN FIAT CURRENCY SYSTEM” | Kenneth Ameduri

  • Published on Aug 13, 2017
    CrushTheStreet chief editor Kenneth Ameduri joins FinanceAndLiberty to discuss the global economy. He explains the US has experienced the worst productivity in 35 years, and money printing has gone into overdrive. Where are paper currencies headed? “The world is looking for a free market alternative to be able to put their money in,” he says. This shift is why we’re seeing money flow into cryptocurrencies, gold, and silver. Bitcoin and other cryptocurrencies are “big competition for the Dollar, for the Euro.”

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August 14, 2017 Posted by | Economics | , , , , , , , | Leave a comment

Egon von Greyerz: Big Money Going into Gold

  • Egon von Greyerz: Big Money Going into Gold
    by Greg Hunter’s USAWatchdog.com 
    Financial expert Egon von Greyerz (EvG) says the central bankers did not fix the problem that caused the last global economic meltdown. EvG points out, “Did they save the system?  For ten years they did, but they didn’t save it.  They made the problem a lot bigger.  Global debt has gone from $120 trillion in 2006 to $225 trillion today.  Central banks have printed another $18 trillion.  So, the situation right now is a lot worse than it was then.  So, the bubble is much bigger.  And remember last time, interest rates worldwide were around 5% to 6% ten years ago. . . .Today, they are zero or negative in many countries.  They cannot achieve anything by adjusting interest rates.  Well, they can make them more negative, but people are not going to give them any money with negative interest rates.”


    EvG has decades of experience as a top executive in the European banking system, and he contends, “The ECB risks are increasing exponentially. Greece is still bankrupt and will remain bankrupt.  If you go around to all the other countries, Ireland, France and all the other countries . . .  the problem is just a lot bigger today than it was.  They have done a great job in fooling all of the people most of the time . . . when the risk is greater than ever.  It shows if you tell people lies often enough, people will believe it, and that’s what’s happened.  This is why when this ends, it’s going to end in tears.  It’s not going to end with a slow gradual process of deterioration.  It’s going to end with a bang.  I am not a pessimist.  I am just looking at risk, and the risks are so clear to me. This is a risk that no one can actually do anything about because there is nothing you can do for debts that cannot be repaid. . . . We are living in a lie, and you cannot live on a lie forever.”

    EvG vaults gold for wealthy clients in secret vaults in Switzerland and in Asia. What is he seeing first hand from his global clients?  EvG says, “It’s interesting that we are seeing big money now starting to actually come into the gold area. They are increasing (holdings) or coming in for the first time, which I would say is quite new, in the last few weeks.  People are sensing it.  People understand what’s happening.  We have our clients we’ve had for the last 15 years, and they are increasing their holdings, but we have new money coming in, and it hasn’t been on the scale we are seeing now. . . . There are people that smell things before they happen.  People don’t know why, but people are sensing something is going to happen.”

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August 14, 2017 Posted by | Economics | , , , , , , , , , | Leave a comment

Central Banks Prepare for End of the Dollar – G. Edward Griffin Interview

  • Published on Aug 8, 2017
    With the World getting used to the Trump Presidency we have living Legend G. Edward Griffin with us to explain the current outlook in the White House.
    We also discuss the important fact regarding the Federal Reserve not actually been Federal, its parasitic hold over the Economy and the huge awakening happening as people begin to wake up! TOPICS IN THIS INTERVIEW:

    02:25 The Trump Presidency Vs. the Deep State
    05:45 Trump and Kissinger’s meet up
    10:45 Importance of Sovereignty and the Monetary System 
    13:10 Outlook on the non-Governmental Federal Reserve
    20:45 The relationship between The FED and Stock Market
    24:45 The awakening against corruption!
    30:05 Where to learn more about the Red Pill Expo

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August 12, 2017 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Jim Willie: King Dollar Loses Its Global Currency Reserve Status

  • Published on Aug 10, 2017
    An hour and a half intelligence report from one of the best minds in economic and geopolitical forecasting. Jim Willie, Editor of the “Hat Trick Letter” shares his insights of the impact of sanctions against Russia, the impact of US interventions in the middle-east, the realignment of the geopolitical world and the unavoidable demise of the US dollar. Jim closes with an important announcement regarding new content that will be published in the Golden Jackass “Hat Trick Letter”. To learn more about his work please visit:


    http://www.goldenjackass.com/ and follow Jim on Twitter @goldenjackass.

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August 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

The Market Will Fall By 50%-70% As The Petro-Dollar Comes To End: Steve St. Angelo

August 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Russia Says It’s Ready To Cut Their Dependence On The US Dollar

  • Published on Aug 8, 2017
    UK retail growth slows more than expected.  US job opening soar as corporations sales decrease. US credit card debt at an all time high, more people are living on credit to survive. Fannie Freddie are going to be trouble when the downturn in the economy begins .Corporate leverage is at an all time high. Russia is prepared and ready to cut their dependence on the dollar and payment system. 

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

Mike “Mish” Shedlock: Lots of Triggers Could Tank Global Financial System

  • Mike “Mish” Shedlock: Lots of Triggers Could Tank Global Financial System
    by Greg Hunter’s USAWatchdog.com
    Economic writer Michael “Mish” Shedlock is seeing bubbles just about everywhere. Let’s start with the stock market. Shedlock contends, “Anyone who is thinking rationally knows this is a bubble. . . . On a median PE basis and a median earnings basis, the stock market is at an all-time high—an all-time high now. It exceeds the dotcom bubble. It exceeds the housing bubble. It exceeds 1929. Only the top 10% does not exceed the dotcom mania that we had in 2000. We know these bubbles have to correct. The question is when. The bigger they get, the bigger the collapse and the more pain that is going to be felt.”


    Shedlock says you can blame the Fed for all the bubbles. Shedlock explains, “They wouldn’t let it go. They kept it up with round after round of QE (money printing). They inflated these things beyond belief. They didn’t know when to stop, and of course, they caused these bubbles in the first place by keeping interest rates too low for too long following the dotcom crash in 2000 and 2001. We replaced that with a housing bubble after that crashed, and now, we have replaced that with an “everything bubble.” About the only thing that is not in a bubble right now is gold and gold miners. Everything else is in a bubble. . . . The Fed is likely to cut interest rates again when the economy goes into recession. It’s been about nine years since we’ve had one. This is very long in the tooth, and the Fed is very late in hiking (interest rates). I don’t know what throws this over. I don’t know what drives this thing over the hill. Perhaps it’s just exhaustion. When it comes to exhaustion, think about the housing bubble in 2006. We went from people standing in line overnight in Florida, not to get a condo, but the right to enter a lottery to buy a condo — amazing. Guess what, one week later, the lines were gone. No one wanted the things. I think we are going to have some sort of moment like that where people are going to realize ‘what a bubble, I need to cash out.’ Of course, everyone can’t cash out at the same time, and this is what we are going to see.”

    Shedlock also says there is a bubble in the bond market, but he is most fearful of the junk bond sector. Can junk bonds take the whole system down if they blow up? Shedlock says, “Absolutely, and in fact, it is likely the junk bond market that is propping up the equity market. If you go back to 2009, you had corporations that could not get funding. Now, everything can get funding.”

    read more.

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

Rob Kirby: Economic Collapse, Currency Devaluation, Gold, Silver …

Click on image to download MP3 interview.

  • Rob Kirby: Economic Collapse, Currency Devaluation, Gold, Silver …
    by Turd Ferguson, http://www.tfmetalsreport.com/
    What great timing to have Rob Kirby back for an A2A webinar. Rob’s vast experience provides a unique perspective on the failure of The Generally Accepted Narrative for 2017 as well as some wisdom on where we are headed from here. Among the topics discussed today:

    * Rob’s thoughts on how The Fed was able to institute ZIRP and why rates remain historically low.
    * Why the POSX is falling so rapidly in 2017.
    * What message could be gleaned from Terry Duffy’s appearance on FBN two weeks ago.
    * Why Rob prefers physical gold and silver to owning the mining shares.
    * And much, much more!

    This was an incredibly informative presentation and we should all be grateful that Rob so generously shared his time today. Please try to carve out some time to give this podcast a thorough listen.

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August 7, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment