Socio-Economics History Blog

Socio-Economics & History Commentary

The RESET Is Here: Expect Massive Financial Confusion?

January 16, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Jim Willie: Top Ten Trends Lead to Gold

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

  • Jim Willie: Top Ten Trends Lead to Gold
    by Jim Willie, GoldenJackass.com, http://www.goldseek.com/
    The year 2018 was a memorable year of great transitions. They involved changes in the political arena. They saw enormous changes in the debt picture, for both the USGovt and the major Western corporations. They saw a struggle to terminate the QE bond monetization, laced with hyper-inflation. They offered staggering damage to California, whose effects are easily 100 times greater than the World Trade Center fallout. They offered resistance to the US-led bully tactics, in slapping sanctions even on the US allies, a forecast by the Jackass two years ago. The globalist cabal agenda has been dealt a powerful damaging blow, perhaps lethal, during a year of great exposure for their criminality. The transitions offered a complete shift away from the perception of USMilitary full spectrum dominance. But the most important changes have come in the finance & economic sectors. The Gold Standard has seen a paved road for its implementation, arrival, and acceptance. The road can be identified for its several major constructed arteries. The pathways are built by the Eastern nations, which will continue to champion the financial reform, and thus wrest global control from New York and London. History is being made. It will still take time, but the momentum is gathering in a notable and convincing manner. The common theme of all the leading factors is the movement away from the USDollar, a theme so popular and widespread that it has been given a name, de-Dollarization. In the next year, even the compromised corrupted Wall Street bank community will openly discuss that Gold must be the solution to the unresolved crisis.

    TOP 10 FACTORS & EVENTS OF 2018, EACH WITH IMPORTANT IMPACT ON THE NEW YEAR TOWARD THE GOLDEN DIRECTION:

    read more.

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January 15, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Gold & Silver vs The $250 Trillion Sea of Debt — Rich Munson

  • SGTreport Published on Jan 13, 2019
    When priced in many currencies around the globe, the gold price is already at all time highs, just not when priced in the US Dollar. But with the US national debt ready to pass the $22 TRILLION mark and with the global derivatives Ponzi ready to implode, will 2019 be the year for gold and silver – and for those who mine the stuff? Rich Munson the CEO of Sandspring Resources LTD joins me to discuss it and his company’s 10 million ounce gold project.

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January 15, 2019 Posted by | Economics | , , , , , , , | Leave a comment

Catherine Austin Fitts: Federal Government Running Secret Open Bailout. Secret Money for Private Armies

  • Catherine Austin Fitts: Federal Government Running Secret Open Bailout. Secret Money for Private Armies
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for the federal government to default or monkey with any debt because they can literally print the currency. The question is how do they make sure whatever they are printing really holds any kind of store of value. I think the reason you are seeing them reengineer the federal bureaucracy and financial transactions infrastructure is because they want much greater and tighter control to do whatever they do, and that includes to continue to debase the currency. They could do this (reset) entirely by debasing the currency. . . . What we are watching . . . is essentially a coup. We had a financial coup, and now we are watching a legal coup to consolidate that financial coup. I would keep my eye on the fundamental governance structure of the U.S. The important thing is not what they do. The important thing is who controls no matter what they do. Now, we have created a mechanism for them to control entirely in secret and create policies entirely in secret, including around the back of a U.S. President. . . . It’s pirating by the ‘just do it’ method. I said to someone the other day, what is it about secret money for secret private armies that you don ‘t understand?”

    $21 trillion in “missing money” at the DOD and HUD that was discovered by Dr. Mark Skidmore and Catherine Austin Fitts in 2017 has now become a national security issue. The federal government is not talking or answering questions, even though the DOD recently failed its first ever audit. Fitts says, “This is basically an open running bailout. Under this structure, you can transfer assets out of the federal government into private ownership, and nobody will know and nobody can stop it. There is no oversight whatsoever. You can’t even know who is doing it. I’m telling you they just took the United States government, they just changed the governance model by accounting policy to a fascist government. If you are an investor, you don’t know who owns those assets, and there is no evidence that you do. . . . If the law says you have to produce audited financial statements and you refuse to do so for 20 years, and then when somebody calls you on it, you proceed to change the accounting laws that say you can now run secret books for all the agencies and over 100 related entities.”

    In closing, Fitts says, “We cannot sit around and passively depend on a guy we elected President. The President cannot fix this. We need to fix this. . . . This is Main Street versus Wall Street. This is honest books versus dirty books. If you want the United States in 10 years to resemble anything what it looked like 20 years ago, you are going to have to do it, and there is no one else who can do it. You have to first get the intelligence to know what is happening.”

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January 14, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | 3 Comments

John Rubino: Time Is Ticking — Expect Huge Dollar Down Move Around The Corner!

January 14, 2019 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Gold Is The Key, Patriots Have The FedRes Scrambling

  • X22Report Published on Jan 11, 2019
    Earning season does not look good, companies are not doing as we were told. The economic illusion the [CB] created is now falling apart, it will be showing up in the people’s sector and not the stock market, not the statistical numbers. Trump and team will be moving quickly to prepare the country for the transition. Certain Fed officials are trying to control the narrative but Powell continues with with plan. Russia is continuing to de-dollarize and says gold will be very important moving forward.

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January 12, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

5 Doom Loops of a Crisis What You Need to Know

  • ITM Trading Published on Jan 11, 2019
    Links to slides and sources: https://www.itmtrading.com/blog/5-doo…
    When we talk about patterns, no discussion would be complete without examining the pattern of a “Doom Loop”. In fact, there are five key “Doom Loops” seen during financial crisis’s: The Intermediary, Sovereign, Collateral, Hedging and ultimately, the Real Economy Doom Loop. In any Ponzi scheme, confidence is key. What governments, central banks and Wall Street are really afraid of is that public loss of confidence in the financial system. Without that they won’t shop or hold their wealth in Wall Street contracts. They won’t believe in the “stimulus” provided by governments and central bankers. They might even buy physical gold and silver! If that happened, how would wealth be voluntarily transferred? So you can see the patterns in doom loops, but there are also clear patterns in real money gold and silver. This lies in our future, though the time to get into position is now.

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January 12, 2019 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

HARD LANDING AHEAD: Are Credit Air Bags Ready?

  • ITM Trading Published on Jan 9, 2019
    Link to slides and sources: https://www.itmtrading.com/blog/hard-…
    For the first time since 2008, no junk bonds were issued in December 2018. “This is clearly more than year-end jitters,” said Guy LeBas, a strategist at Janney Montgomery Scott. “What we’re seeing now is pretty typical for end-of-credit-cycle behavior.” Voila, they too are calling the pattern shift that indicates the end is close. What about governments and central banks? They have their own problems; Trade Wars, Government Shutdowns, Bexit, Italy, bloated balance sheets and massive deficits with trillions in new government debt required. Who do you think will come first?

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January 11, 2019 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Bix Weir: Debt Levels at ALL TIME Highs as Banks Wobble!! Deutsche Bank Can’t Take ANY More BAD NEWS!!

January 11, 2019 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Lior Gantz: Explosive Upside Potential For Gold & Silver

  • Lior Gantz: Explosive Upside Potential For Gold & Silver
    by https://www.silverdoctors.com/
    Lior agrees that the outlook for gold and silver is improving dramatically. Here’s why… Lior Gantz interviewed by Palisade Radio:

    Lior agrees that the outlook for Gold and Silver is improving dramatically. Recent market action has resulted in a rebound. In September mining stocks hit 52-week lows, and the regular markets are now entering bear market territory. Inflation is on the rise and many states are hiking their minimum wage. Recent US Dollar strength is actually a bearish sign.

    Mining shares need several things to catch a bid. They need interest rates to be trending lower, an unfavorable environment for the stock markets, indications of inflation, and unstable geopolitics. Time Stamp Reference:

    1:10 – Current state of precious metal stocks.
    2:10 – Recent market sentiment.
    2:40 – Interest rates and inflation.
    4:00 – Dollar performance and why the outlook is bad.
    6:20 – Gold and silver demand picture.
    7:30 – Gold silver ratio and potential upsides.
    8:30 – Silver will outperform.
    10:00 – Uranium sector.
    13:25 – Misconceptions about gold.
    15:45 – China’s performance in the world and gold.
    17:00 – How gold minimizes risk.

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January 10, 2019 Posted by | Economics | , , , , , , , , , | Leave a comment

John Rubino: Record Global Debt & Chaos in 2019. All We Have Left is to Wipe the Slate Clean

  • John Rubino: Record Global Debt & Chaos in 2019. All We Have Left is to Wipe the Slate Clean
    by Greg Hunter’s USAWatchdog.com 
    Financial writer John Rubino says no matter what country, the global debt has exploded to record highs, and it’s going to go even higher in the coming years. Rubino contends, “Government debt is going to soar going forward no matter what. Whether we have three more years of growth or a recession next year, we are going to see massive new deficits and massive increases in government debt all over the world. This is coming at a time when we have already hit record levels of debt and blown right through previous record levels. The last crisis, that almost ended the global financial system, was debt driven. The next one is going to be that much, much more serious because we basically doubled the amount of debt that’s out there since 2005 and 2006.”


    On the political front, Rubino says, “The idea that things get more extreme from here is not that out of the ordinary and not that hard to believe. We are not just going to see gridlock here in the U.S., we are going to see chaos. That means of the things that should be gotten done, very few of them will be. . . . Political chaos is good for precious metals . . . both metals are way undervalued.”

    Few would disagree, that at some point, the financial system is going to explode. Rubino says, “Let’s look at what happens when this finally blows up. The pressure is going to be on currencies when the financial system starts to spin out of control next time. In other words, people are going to see the amount of debt we are taking on, see the amount of currency we are creating to service all this debt, and will wonder what that does to the value of the currencies that are being aggressively created. They will lose faith in those currencies. What is unique about this time, countries have screwed up their currencies since the beginning of time . . . but this time around, they are all doing it. Every major country in the world has a printing press, which is to say an unlimited credit card. They are maxing out that credit card . . . and they are doing it simultaneously.”

    In closing Rubino says, “All we have left is to wipe the slate clean and say, you know what, this thing did not work. It’s a 60 year experiment that turned out to have a fatal flaw, which is you can’t hand a printing press to a government.”

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January 10, 2019 Posted by | Economics | , , , , , , | Leave a comment

The Financial Reset Will Remove The Old Guard & Give Birth To A New Power Structure: Lior Gantz

January 9, 2019 Posted by | Economics | , , , , , , , , , , , | Leave a comment

401k, BAIL-IN, BAIL-OUT, CREDIT AND DEBT. Q&A with Lynette Zang and Eric Griffin

  • ITM Trading Streamed live 5 hours ago
    Link to the Slides and Sources: https://www.itmtrading.com/blog/401k-…
    Question 1. Lots of Viewers: What is your opinion on withdrawing all funds from a 401k to position into other assets?
    Question 2. Woody G: How do you see the reset affecting brokerage accounts? Will these disappear down a dark hole or will the market survive intact?
    Question 3. Rajat S: Could you please explain the difference between bail-in and bail-out concept when it comes to saving financial institutions in situation of crash.
    Question 4. Sandy M: Would you suggest using the credit card line of credit to buy gold while it is still available? I’m assuming that when the crash happens that all credit will disappear.
    Question 5. Doug M: You said that that they are ready for a reset. Do you think that movement to come is going to be inflationary, hyper-inflationary, or deflationary? For those of us with some “debt”, are we going to get to pay off that “debt” with much cheaper dollars?

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January 9, 2019 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Gov’ts Are Manipulating Markets Contrary To What The People Want, Time To Reset It All: K Neumeyer

January 7, 2019 Posted by | Economics | , , , , , , , , , , , | Leave a comment

ETF, Gold as Collateral, Treasuries… Q&A with Lynette Zang

  • ITM Trading Streamed live 5 hours ago
    Link to the Slides and Sources: https://www.itmtrading.com/blog/etf-g…
    1. Steve P: After the reset, instead of converting your metal, wouldn’t it be better if we used our silver and gold as collateral and borrowed fiat against it?
    2. Eric E: what can you say about when the 10-year Treasury Yield crosses below the Federal Funds rate which we seem to be nearing and has occurred prior to most recent recessions.
    3. Rich: why is the fed balance sheet important. If it is expanding, that means they have more bonds. Let them expire and get the cash. Nobody wants them so how can you reduce balance sheet?
    4. Robert K: There is currently a bill in the U.S. House (H.R. 5404) that proposes defining the dollar as having a fixed weight in gold. Do you think it can pass?
    5. Brendan F: Are ETFs that short the S&P just as risky as any other ETFs in a market downturn or market shutdown?

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January 4, 2019 Posted by | Economics | , , , , , , , , , , , | Leave a comment