Socio-Economics History Blog

Socio-Economics & History Commentary

Gregory Mannarino: Bitcoin Futures Biggest Pump and Dump Ever

  • Gregory Mannarino: Bitcoin Futures Biggest Pump and Dump Ever
    by Greg Hunter’s USAWatchdog.com 
    Analyst/trader Gregory Mannarino says the record high stock markets have some big money people worried, and you should be too. Mannarino says, “On a weekly basis, yet another fund manager is coming out to speak against stock market evaluations and against what the Federal Reserve is doing.  Stanley Drukenmiller, a multi-billionaire hedge fund manager, came out on CNBC, and they didn’t turn him off.  He said the Federal Reserve is the Darth Vader of the financial markets and has inflated asset bubbles all over the place.  They let him talk.  They didn’t cut him off.”


    Mannarino goes on to say, “The Fed has created bubbles. This is no secret, and the market is twisted, it is distorted.  There is no real true price discovery mechanism, and there will not be until these world central banks stop managing the markets.  They have created fakery and made it way worse than the top of the last bubble.  This does not mean that this stock market is not going to go higher.”

    On Bitcoin and the new futures markets for it, Mannarino says, “Right now, Wall Street with its hand on Bitcoin, means to me that it’s going to be gamed. (Bitcoin) It’s very thinly traded, it’s not widely held.  Very few people actually hold this, and the bulk of this is held by very few.  So, to game Bitcoin through the exchanges, someone out here with deep pockets, like a bank with unlimited fiat currency, could run the biggest pump and dump the world has ever seen with regard to Bitcoin.  They are going to play it using the futures market.  Wall Street is going to game this.  How do we know this?  Wall Street games everything.”

    On the Bond market, Mannarino contends, “The debt market or the bond market is in the largest bubble the world has ever seen. If you believe Bitcoin is in a bubble, the bond market bubble makes Bitcoin look like one grain of sand on the entire earth.  That’s how big the debt bubble is.  World central banks have gone to unbelievable lengths to prop all this up. . . .They are going to kill the dollar, and they have been killing it for years.  It has lost almost all of its purchasing power.”

    Mannarino says the “red warning flag” will come from both the stock and bond markets at the same time. Mannarino explains, “When we see a sell-off in the bond market that does not stop, and we see a simultaneous sell-off in the stock market, when these two assets start to sell off at the same time, there is the gong of gongs. . . . That’s going to be the moment when people need to run for the hills, if you can get out.”

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

Cryptocurrency Expert: Current Global Economy Could Collapse After Fiat Currency Financial Crisis

  • The Alex Jones Channel Published on Dec 13, 2017
    David Seaman joins Alex Jones live via Skype to evaluate the current financial viability of cryptocurrency and predicts that a collapse of fiat currency could usher in an era of a new economy.

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

Alan Newman: “We Are About To Have The Biggest Asset Revaluation Of All Time”

  • McAlvany Financial Published on Dec 12, 2017
    This week Alan Newman of http://www.cross-currents.net joins the McAlvany Weekly Commentary. We discuss how the stock market is poised for an even larger correction than the 2008 stock market crash. We are about to have the biggest asset revaluation of all time. DOW $14,000 And Gold $5,000? The Numbers To Look For. Gold Is & Will Continue As The Currency Of Last Resort. Central Banks Cannot Promise Unlimited Gains In Stocks Forever. Thanks for listening, if you enjoyed please subscribe for more.

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

The Move From West To The East Is Almost Complete, Be Prepared For The Next Phase

  • X22Report Published on Dec 14, 2017
    Canada home values decline as household debt binge hits a new high, doesn’t look good.Initial jobless claims drop to there lowest level. US retail sales surge, the government just forgot to mention something very important.The service industry declines. Janet Yellen believes the market is not overvalued and she sees no warning signs. China has just completed its 4th dry run of the petro yuan.

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

Rob Kirby: The New World Reserve Currency Will Be Cryptocurrency BACKED BY GOLD & SILVER

  • Rob Kirby: The New World Reserve Currency Will Be Cryptocurrency BACKED BY GOLD & SILVER
    by https://www.silverdoctors.com/
    Rob provides a timely update on the “cryptoization” of gold & silver… Rob Kirby interviewed on Reluctant Preppers: 

    With $21 TRILLION gone missing from DOD and HUD, as recently revealed by researchers, WHERE IS THE MONEY, how is it being used, and how will it impact the official US Government financial measures if accounted for properly? Are Bitcoin and other cryptos making gold & silver obsolete, or is there a centralized hand over-reaching into the crypto markets? What specific facts signal the last gasp for the US Dollar, against an unarguable preponderance of mega-trends?

    Rob Kirby, proprietary financial analyst, precious metals expert, and founder of KirbyAnalytics.com, returns to Reluctant Preppers to answer YOUR QUESTIONS in this rapid-fire and wide-ranging interview that tackles the tough issues you won’t hear about on the mainstream media!

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

Central Banks Want To Replace The US Dollar With A Single Global Super-Currency

  • X22Report Published on Dec 8, 2017
    Jobs hit an all time new high with retail stores closing, corporations laying off, this makes sense. The everything bubble is getting ready to pop, countries issuing 100 year bonds. Central bankers pushing to replace the dollar with a global super currency, the central bankers say this will stabilize the world.
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!

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

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

Catherine Austin Fitts: Smart Money Buying Gold and Land. The U.S. Government is a Criminal Enterprise

  • Catherine Austin Fitts: Smart Money Buying Gold and Land. The U.S. Government is a Criminal Enterprise
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Financial expert and investment advisor Catherine Austin Fitts says the U.S. Government runs on massive criminal activity. Fitts explains, “The U.S. economy is deeply dependent on criminal cash flows.  We’re the global leader in money laundering.  If we stopped doing that, the economy would be in for a major, major change. . . . The preference for most Americans is to keep that system going as long as it works for them.  So, it you are a public official, you are between a rock and a hard place.  If you press the red button and stop the illegal cash flows, then all hell breaks loose. . . . The U.S. Government has been run as a criminal enterprise, and I have documented and proved that on multiple occasions.  The swamp that exists in Washington is from sea to shining sea.  It’s not just in Washington.  It’s in every county and every state house in the country.  If we are going to change and clean ourselves of enormous financial dependencies on criminal activities, we are talking about a very big change, and it’s not just in Washington.”


    So, in the big picture, where are we now? Why are so many top people in politics and Hollywood being taken down?  Fitts says, “These people are expensive.  This is a fundamental re-engineering. . . . We are watching purges, but these purges are knocking out the expensive people, people we no longer need from the financial coup d’état period, and you are bringing in a new wave of people or you are just downsizing.  So, we see sex purges in Hollywood and in various forms of media and entertainment. . . . You have various purges going on because the reality is the world needs to move on.  This money needs to be reinvested, and you can’t afford a bunch of egotistical maniacs who were good at stealing money.  You can’t use them to build the future, and you can’t afford them. . . . There is a huge amount of money that is floating around in fixed income and derivative markets, and now you’ve got to bring it down into the hard economy and hard assets.  How do you do that?  You need to switch the caliber of the people for management and reinvestment of the money.  You have to do it in a way that doesn’t kick off hyperinflation.”

    So, what are the rich doing with their money?   Fitts says, “Gold is what it has always been and that is a real store of value.  I am a gold girl.  If you look at the smart money and central banks around the world . . . the smart money is buying gold, and the smart money is buying land.  If you read the land report, that’s the top holders of land in the United States.  Their holdings have doubled since 2008.  I see tremendous amounts of money moving into hard assets.”

    read more.

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December 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | 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

When The Fed Loses Control And The Rates Move Up We Will Be Facing A Disaster: Rick Rule

December 6, 2017 Posted by | Economics | , , , , , , , | Leave a 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

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