Wednesday, 24 February 2016

Economic Collapse Caused By Fraud And Debt - Bill Holter

The bond market is full of debt that will never be paid back. It’s one of the biggest frauds of all. Financial writer Holter says, “Go back to 1995 and our debt in the U.S began to move up like a hockey stick. Somewhere in the mid to late 1990’s was the point of no return. We didn’t really have any hope of paying it back. In 2008, it was ridiculous, and at this point, it is beyond ridiculous. 

They can’t pay back the $19 trillion much less the $200 trillion, which is what the real number is when you include Social Security, Fannie Mae, Freddie Mac, Medicare, loan guarantees and etcetera.” In closing, Holter says, “This is going to be a complete financial collapse. 

You are going to see some deflation, but it’s not going to be deflation against dollars. It will be deflation against gold.” Meaning, the value of everything will devalue against gold.

Friday, 19 February 2016

2016: The Year For Gold & Silver? Grant Williams

Grant Williams addresses the precious metals markets for 2016, both for mining stocks and physical bullion.

Monday, 15 February 2016

Gold Breaks 100 Moving Average, Silver 50 Day – Are Future Gains in Store?

Big money is beginning to move into gold. As we have previously discussed here in the past, some of the financial elite are encouraging you to get your money out of stocks and into precious metals.

Does this mean that gold and silver are set for their overdue rise? Does this mean that the markets are due for a legendary collapse, the likes of which have not been seen since the 2008 financial crisis?

The answer is yes, no and maybe. Yes, the markets are going to have a monumental correction, and yes, gold and silver are destined to move higher, but who knows when. It could be today, it could be tomorrow, or a year from now.

Regardless of when this monster move higher in precious metals will occur, we can breathe a sigh of relief today, as the metals are experiencing some positive news at last.

Gold has surged higher, breaking through the $1100 ceiling that has held it back for quite some time, and in addition to this, it has once again pushed through its important 100-day moving average.

Although still ridiculously cheap, silver has also moved higher and broken its 50-day moving average.

These averages are important, as they can usher in a wave of traders that are looking to chase easy money, which will bring additional flows of cash into the precious metals space. This has the possibility of creating a self-fulfilling prophecy that moves prices higher and higher, similar to what was seen when silver neared the $50 mark some years ago.

These are the kind of breakthroughs that traders watch closely, and you can rest assured that they are once again watching the precious metals space, especially given the recent predictions from some of the banking elite for it to move higher throughout this year and next.

The biggest risk we now face is whether or not the cartel will once again put its thumb on the paper price of these metals and force it lower. It is a possibility, but at some point, regardless of what they want, the metals are going to move higher. The free market will make sure of that.

So is this the long awaited breakout we have been waiting for? Is this the start of a renewed upturn in precious metals? Only time will tell, so until then, sit tight and be right.

- Source, Sprott Money

Friday, 12 February 2016

Credit Expansion Will Lead to a Crisis

"To combat a depression by a forced credit expansion, is akin to the attempt to fight an evil by its own causes; because we suffer from a misdirection of production, we want even more misdirection- an approach that necessarily leads to an even more serious crisis once the credit expansion comes to an end."

- F.A. Hayek

Wednesday, 10 February 2016

Michael Pento - Devastating Metastasizing Global Depression On Its Way

Financial expert and money manager Michael Pento is forecasting a global depression, and Pento contends, “It’s happening. It’s happening now. This is not your garden variety recession. You have impotent central bankers and impotent sovereign nations. How many more empty cities is China going to build without destroying their currency? . . . . There are going to be global sovereign defaults, and those defaults are going to take the form of defaults through monetization and inflation. That is where we are headed.” Pento warns that until the Fed starts printing massive amounts of money to turn the imploding economy around, “It’s going to be a devastating, metastasizing global depression. It’s on its way. ”

On gold, Pento says, “Your golden life preserver is going to be gold. It’s the only thing that is going to work when you have depression, insolvent nations and massive monetization of all outstanding bonds. I would definitely get physical gold.”

- Source, USA Watchdog

Saturday, 6 February 2016

America's Most Closely Guarded Secret: The Covert Fund That Controls It All

Rob Kirby joins me to expose extremely important economic information which the majority of the world knows nothing about.

Rob says, "We are talking about something here that is extremely dark. This is a very dark entity. This is one of the most closely guarded secrets that America has."

The men behind the curtain have been using this top secret deep state funding source to manipulate world events and currencies for nearly 100 years.

Tuesday, 2 February 2016

The End Of Plan A: The Big Reset & $8000 Gold

Middelkoop has some ominous concerns about the end of Plan A and where Plan B begins...

"By revaluing gold to a much higher level, to over $8000 an ounce, central bankers solve quite a lot of problems"

"But we know Plan A - the current financial system - will end soon, we can't go on this way... so we need a monetary reset... and a revaluation of gold has helped central bankers in the past, such as Roosevelt in the 1930s. It would help to restore the balance sheet of The Federal Reserve."

But there are problems...

"It always ends in inflation.. certainly in 2016, we can expect more QE... and when that does not defeat deflation (driven by global over-indebtedness), further unorthodox measures will be taken (helicopter money).. and eventually a gold revaluation."

In this episode of the Gold series, Willem Middelkoop, founder of the Commodities Discovery Fund, dives into the history of monetary shifts and explores a scenario where the US dollar could be debunked as the global reserve currency. Willem discusses the possibility of gold being incorporated back into the monetary system, outlining the knock-on effects and the role of central banks in this scenario.

Grab a glass of wine (or something stronger) and enjoy...

John Williams - Dollar Takes Significant Hit

Economist John Williams says that the Fed is still dealing with the fallout of the 2008 financial meltdown. Williams says, “They are still fighting the instabilities of 2008 that has not played itself out. When it does, they are going to be flooding the system with liquidity. It’s either that or they let the system fail. 

They decided in 2008 not to let the system fail. As they flood the system with liquidity, you will see weakness in the dollar. You will see a return of inflation domestically. You will see all sorts of other factors rallying such as traditional inflation hedges of gold and silver. If the dollar takes a significant hit, which I expect it will, that also will put upside pressure on oil prices. 

They did virtually nothing and did not address the things that led to the panic . . . now the economy is turning down anew.”

- Source, USA Watchdog