The Fed’s Evil Juggernaut

The US Federal Reserve is once again force-feeding liquidity into the system. At its fastest rate ever.

The result? Record high stock prices whose valuations defy all logic.

What’s wrong with that? Shouldn’t we just enjoy the party and be grateful for our rising 401ks?

What’s wrong is that the Fed’s actions are dooming us. Their poisonous cocktail of endless cheap money and rock-bottom interest rates is hastening a terminal breakdown of the economy, while deliberately enriching a tiny cadre of elites to the ruin of everyone else.

Though most remain blind to this, Fed policy (and the similar ones pursued by the other major world central banks) is directly responsible for, or a major contributor to, many of the biggest challenges society is facing.

Tens of millions of Boomers who can’t afford to retire. Tens of millions of Millennials who can’t afford to purchase a home. History’s largest wealth gap between the 1% and everyone else. Relentless increases in the cost of living while real wages remain stagnant. Depletion and degradation of our key natural resources by zombie companies run without profits. We can thank the Fed for all of these ills, plus many more.

All we’re offered in return is the fake reassurance that “everything is awesome” because stocks are higher today than they were yesterday. As if that really makes a difference when the top 1% owns 50% of all stocks and the top 10% owns over 90%.

And when today’s epicly distorted markets reach their breaking point — which may be imminent given the truly manic action recently — not only will the resulting damage be commensurately epic, but it will injure the 99% FAR more than the 1% who benefitted from it.

Mass layoffs. Bankruptcies. Destroyed retirement portfolios and pensions. State and city budget crises. Higher taxes. More fees. Cancelled social services. Hollowed-out communities.

The Fed’s deliberate policy of privatized gains for the elite and socialized losses for the masses ensures that Joe Sixpack is going to take it in the shorts while Reginald Caviar-Maybach will still receive his record bonus from Goldman Sachs.

Which is why the video below is essential viewing for anyone not currently CEO of a too-big-to-fail bank or too busy counting their $billions.

We brought together several of the best monetary and macroeconomic minds to explain exactly what is transpiring and what concerned individuals like you should be preparing for.

- Source, Gold Silver

Ron Paul: Trump's Greatest Trade Deal Ever? Or A Pause Before Conflict With China?

"Trade Deals" are government-managed trade. Government-managed trade is political, which means politically-connected industries benefit. Free Trade is the only "trade deal" that benefits everyone. 

NO government interference with the economic lives and transactions of Americans. But instead of Free Trade, we have a crony system that many Americans despise -- the marriage of corporations and government, always working hand-in-hand.

- Source, Ron Paul

US Oil Production Hits 13 Million Barrels Per Day For 1st Time, Oil Gives Back All Its Recent Gains

US Crude production pushed higher, hitting a world record 13 million barrels per day for the first time. Neither Russia or the Saudis have ever produced 13 million barrels per day of oil. Unfortunately though, a lot of this oil production is uneconomic.

- Source, Wall St for Main St

Ron Paul: The Counterfeit Society Is Heading Towards A Horrendous Disaster

Counterfeit money produces a counterfeit economy. A counterfeit economy is bolstered by counterfeit news. 

All of this leads to a counterfeit society, and America's counterfeit society is heading towards a horrendous disaster. 

You should know about sound money. It's the only way out.

- Source, Ron Paul

300th Anniversary of the South Sea Bubble! Is It Happening Again?

300th Anniversary of the South Sea Bubble! Is It Happening Again? Gaming stocks with corporate buyback of shares. Gaming earnings per share with corporate buyback of shares. PE at 34.5 - no worries?!

- Source, Golden Rule Radio

US Economic Data Showing Even More Warning Signs of Recession, While Stocks Continue to Rise

U.S. manufacturing closed out a tumultuous year with the weakest monthly performance since the end of the recession, with orders shrinking and factories continuing to dial back production. 

The Institute for Supply Management’s purchasing managers’ index fell to 47.2 in December from 48.1, the fifth straight month of contraction and missing estimates for a rise in a Bloomberg survey of economists, according to a report Friday. 

It was the worst reading since June 2009 and marked the eighth decline in the last nine months. Readings below 50 indicate activity is shrinking. 

The deterioration was driven by the weakest gauges of new orders and production since April 2009. 

The data show American factories remain plagued by pullbacks in business investment at home, softer demand throughout the world and, until recently, an escalating trade war between the U.S. and China.

- Source, Wall St for Main St

John Rubino: World Governments Have Given Up on Fixing the Financial System

Financial writer and book author John Rubino says, “We have entered a new stage which feels like one of the end stages of this process, when governments just give up and don’t even pretend to try and control their finances anymore. 

Well, we are there. That’s when it will be clear to everybody that is the case, and then your gold goes through the roof. 

The investment thesis ends with you loading up on precious metals and then riding the inflation and/or monetary reset that has to happen because of past mistakes.

The nightmare scenario is if we are already having a financial crisis and then we have a war with China and Russia, it’s unimaginable. I cannot factor that into a scenario for financial asset prices because it is too crazy.”

- Source, USA Watchdog

Why These Exotic Metals are Great Alternatives to Gold

Great fundamentals are driving the investment thesis behind the platinum group metals (PGMs), which add diversification to a portfolio of gold and silver, this according to Ryan Giannotto, Director of Research, GraniteShares ETFs. 

“That’s what I like about these, is adding different diversifiers to your diversification sleeve. Each of these is subject to their own micro and macroeconomic trends,” Giannotto told Kitco News. “We’ve seen this favoritism towards palladium.”

- Source, Kitco News

Michael Pento: Reset Will be Money Printing & Debt Default

Money manager Michael Pento says, “I have 10% of my portfolio in gold, and I am going to increase that. I would think you need at least 10% in gold, physical gold, right now. 

If you don’t have that, then you are doing yourself a great disservice. I include gold, silver and platinum in the precious metals basket, and that amount should be increasing.

We are going to have a massive reset, and all of this debt is going to have to be defaulted upon. It is going to be defaulted upon two ways: through inflation and through implicit restructuring. Knowing how they are going to default on this debt is going to make you solvent.

If you look at all the ingredients that surround your decision as to when you should increase your allocation to precious metals, all those ingredients are in place and getting more so.”

- Source, USA Watchdog

Making Money in Mining Stocks in 2020 Part 2

Eric Coffin talks about what companies and sectors did the best for him in 2019 and explains what he believes will work for 2020 and gives some picks.

- Source, Jay Taylor Media

Five Suggested New Year Resolutions For Your Finances

We make some suggestions to ease cash flow.

Prepare yourself for the volatility of 2020 now. Batten down the hatches and get ready.

- Source, Walk the World

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