Category Archives: Financial

The Federal Government Is Bloated Beyond Belief! [Video]

The Federal Government Is bloated beyond reasonable expectation. A Representative in the House used to represent about a tenth of the population they now do. So do they still actually represent our concerns? Heck no!

In the meantime federal spending is projected to grow at a rapid pace beyond the 10-year budget window. Without reforms, spending on interest on the debt, health care programs (Medicare, Medicaid, Obamacare, etc.), and Social Security will reach unsustainable levels. As a result, these spending levels will cause exploding deficits as tax revenues will be at their modern average level (1952-2008

SF Source  PJ Media  Mar 3 2015

Greg Hunter Interviews Gregory Mannarino ~ Federal Reserve Will Be Forced To Punish The Dollar [Video]

Trader and financial analyst Gregory Mannarino says, “I think things are looking very bad in the immediate future here.  Just this month, the ECB is going to start their Japan style quantitative easing, and that is going to make the U.S. equity market look a little less desirable . . . . I think we are going to see some cash leave the U.S. stock market.”

Mannarino goes on to say, “What’s even scarier . . . I think these games we have seen in the dollar could take off parabolic from here, and that is not good. . . . The digits cannot keep up with how fast the Federal Reserve is printing cash out of thin air, right at this moment, to try to combat this deflationary environment. . . .  The Federal Reserve did not see this dollar strength coming and how it would affect Wall Street.  You can expect the Federal Reserve to be forced to act to punish the dollar at some point, and that is going to hurt the Federal Reserve’s credibility. . . . When a world central bank becomes so desperate that it has to engage in this type of behavior, you know things are very, very bad.” Continue reading

Michael Noonan ~ Insanity Prevails; PMs Without Direction

Insanity: Doing the same thing over and over and expecting a different result. – Albert Einstein.

From a perspective of logic, the world makes less and less sense as the elites relentlessly,
and successfully pursue their one world government.  There has been an increased
awareness of the Rothschilds, elites, bankers, those who control all money, all Western
governments, and we are not so sure about the rest of the world.  Unfortunately, the
greater awareness has done nothing to alter the inevitable course of dominance of the
masses by the few.  The New World Order [NWO] remains on schedule, based on results.

It seems those who think they know something about the NWO takeover, which is often
very little, are of the mistaken belief that change will come about externally, from some
outside force that may alter the NWO path to world [debt]enslavement.  The hope is that
China, with all of its gold, Putin/Russia, with all of its gold and huge natural resources,
along with the remaining BRICS nations will put an end to the elite’s fiat control over
everything and everyone.  It ain’t going to happen.

Neither China nor Russia have the capacity to take the baton over from the Federal
Reserve’s fiat “dollar” thus making either the Yuan or Ruble as the world’s reserve
currency.  Make no mistake, the Fed’s phony fiat is fast  being replaced in world trade
settlement, but again, neither China nor Russia have either the ability or willingness
to establish a gold-backed currency.  China will never open its country and the level
of scrutiny that comes with a reserve currency.  Russia simple cannot do it.

Both China and Russia continue to voice support for participating within the International
Monetary Fund [IMF], a function of the Bank for International Settlement [BIS] the
primary central bank for all central banks and the entire banking collective run by the
Rothschilds, the elites.  There may be some changes in the participants, but the ultimate
control is unchanged. Continue reading

Peter Boehringer ~ The Powerful Story Of Gold Repatriation [Audio]

Switzerland, England, Austria, Netherlands, France, Belgium, Mexico, Poland, Italy. Australia, Ecuador, Romania and the tiny country of Azerbaijan all have burgeoning gold repatriation movements in various stages of progress.

Peter Boehringer, the father of the gold repatriation movement in Germany, and founder of the website joins us to discuss the great global awakening as nations begin asking, where is our physical gold? We want it back!

Repatriation Woes

“Many prominent people have openly written and discussed their belief that the German gold is already gone — that the Fed has betrayed the German people with their clandestine gold-leasing activities. It would be so easy for the Fed and the Bundesbank to disprove these concerns by conducting a proper audit of the U.S. gold reserves as well as the foreign gold which is allegedly stored at the New York Fed. This would have to be done with substantial photo and video evidence and it would also have to be confirmed by individuals whom the world could trust. But this is not happening.” – Peter Boehringer (Goldbroker)

SF Source  Mar 1 2015

Gary Christenson ~ Gold And Debt: Astonishing Comparisons

GaryChristensonDebt and budgets in the trillions of dollars and euros are difficult to comprehend.  The US budget is nearly $4 Trillion per year while the US official national debt exceeds $18 Trillion.  A single large bank may hold contracts for more than $50 Trillion in derivative contracts.  Global debt is approximately $200 Trillion.

Let’s relate those numbers to gold prices, gold mined each year, and gold mined throughout history.

  • According to McKinsey & Company total global debt as of December 2014 was about $200 Trillion. Although the exact amount of mined gold is unknown, assume that 172,000 metric tons of gold have been mined throughout history.  At 32,151 (troy) ounces per metric ton, that calculates to about 5.5 billion ounces of gold.  If that gold backed the debt at 100%, each ounce of gold would back $36,000 in debt.
  • According to McKinsey & Company, the global debt has increased by about $57 Trillion in the last seven years. In round numbers 3,000 metric tons of gold are mined each year.  The debt increase in the last seven years would equate to gold mined in those seven years at nearly $85,000 per ounce. Continue reading

Gary Christenson ~ Gold: The Good, Bad, And Truly Ugly

GaryChristensonThe Gold Standard: Although it may be unrealistically optimistic, I believe my paraphrase of a Churchill quote:

“Central Bankers will eventually do the right thing and return to a gold standard after they have exhausted all other alternatives.”

While central bankers are exhausting all other alternatives, I worry about the collateral damage to 90% of the population who are not first in line on the fiat money gravy train that benefits the financial and political elite.

Clearly, central bankers will return to a gold standard only if forced by a financial implosion, economic collapse or equivalent disaster. Hence, the powers-that-be will do whatever is necessary to conceal the sovereign debt bubble, hide the insolvency of sovereign governments, and extend and pretend regarding the value of bonds, equities, and fiat paper currencies.

The Good: Gold is and has been real money for 5,000 years.

The Bad: Gold prices will benefit from the following items. (This is a long and incomplete list.) Continue reading

Paul Craig Roberts ~ Whatever Became Of Economists And The American Economy

PaulCraigRobertsAccording to the official economic fairy tale, the US economy has been in recovery since June 2009.

This fairy tale supports America’s image as the safe haven, an image that keeps the dollar up, the stock market up, and interest rates down. It is an image that causes the massive numbers of unemployed Americans to blame themselves and not the mishandled economy.

This fairy tale survives despite the fact that there is no economic information whatsoever that supports it.

Real median household income has not grown for years and is below the levels of the early 1970s.

There has been no growth in real retail sales for six years.

How does an economy dependent on consumer demand grow when real consumer incomes and real retail sales do not grow?

Not from business investment. Why invest when there is no sales growth? Industrial production, properly deflated, remains well below the pre-recession level.

Not from construction. The real value of total construction put in place declined sharply from 2006 through 2011 and has bounced around the 2011 bottom for the past three years.

How does an economy grow when the labor force is shrinking? The labor force participation rate has declined since 2007 as has the civilian employment to population ratio.

How can there be a recovery when nothing has recovered?

Do economists believe that the entire corpus of macroeconomics taught since the 1940s is simply incorrect? If not, how can economists possibly support the recovery fairy tale? Continue reading

Michael Noonan ~ Banker Grip On Prime Ministers Not Over

To leave the EU or not to leave the EU, that is the question?  Pick any hour, and you will
have an answer that is good until the next hour passes.  While there have been cheers and
encouragement for what the newly elected Syriza party has been telling the EU, that no
more debt enslavement will work for Greek citizens, it could very well turn out that
Greece’s Prime Minister Alexis Tsipras and his Minister of Finance Yanis Varoufakis are
waiting for the best deal for themselves before ensuring that Greek citizens remain so
enslaved.  It is extremely difficult to fight the elite’s system and win.

While this is a rather cynical view, it appears that Greece’s new leaders are doing whatever
they can to stay within the failed EU system instead of maintaining a hard-line by refusing
to take on more debt and not pay the current debts owed to the EU.  An ace up their
sleeve, making a deal with Russia, that could possibly include China pitching in, whereby
Russia would offer putting part of their natural gas pipeline through Greece and ensure
billions of Rubles in income, [fewer and fewer countries want to use the fiat dollar as a
trade basis anymore], is not actively being pursued.  Instead, all of this back and forth
with making an acceptable deal or not is what fills the headlines for this story that
gives rise to our skepticism.

If the Tsipras/Varoufakis duo fold, it will not auger well for silver and gold, at least for a
while longer.  Greece opting to “cut a deal with the devil” will prove that however fragile
the staying power of the European Union, the “dead-man-walking” EU still prevails.  The
message would then still be clear:  people do not matter, only the viability of a [failed]
banking system counts. and PMs remain pawns.

Continue reading