Greg Hunter – Financial writer and precious metals expert Bill Holter is “not worried at all” about the current price smash down for precious metals. Holter says, “We live in a world where all liabilities are more than all liabilities in history. This whole system is going to come down. . . . If you see a house burn down, the only thing left is the foundation. That’s the only thing left because the foundation doesn’t burn. That’s what gold and silver are, and that’s what’s going to be left when this house of financial cards burns down.”
Why are dark powers intentionally driving metal prices down? It’s all part of a very simple thought control message. Holter explains, “Basically, it’s so the people believe that gold is bad and the dollar is good. It’s basically to support the dollar, and also thus support the Treasury market. . . .
Continue reading “Gold & Silver Will Survive Whole System Burning Down [Video]”
Greg Hunter – Top trends researcher Gerald Celente said last year the global economy was headed for a big crash—not anymore. Celente explains, “Here’s what changed our forecast. . . .
Jerome Powell, the Fed Chair, said on January 4th 2019, the Fed was going to be “patient” in raising interest rates. . . . The numbers came out for the jobs report, and they created over 300,000 jobs. Wages for all of 2018 have gone up the strongest in 10 years. That would have been a reason to raise interest rates based on Fed policy. Instead, Powell said, ‘We’re going to be patient.’
Continue reading “Trump Bump, No Recession, Rate Cuts Coming [Video]”
John Michael Chambers – The global financial reset is unfolding according to plan. You won’t hear much about this on the financial news (just yet), so let’s connect the dots on but a few occurrences leading up to what may prove to be perhaps one of the biggest stories of the century as the transformation of the global monetary central banking fiat system is coming to an end, R.I.P. Actually rather than rest in peace, shall we say, R.I.H. (rest in heat)?
Connect the Dots
There have been many random events occurring now for quite some time as it relates to the global financial reset. For starters, Russia has sold off nearly all of its US treasuries. This is very telling. What is even more telling about this event is what they did with the proceeds. They invested mainly in gold and some other currencies. China, once the largest purchaser of the US treasury notes has also been liquidating US treasuries over a period of some years. Today, the largest purchaser of the US treasury is the Federal Reserve. Continue reading “Transformation of the Global Monetary Central Banking System, R.I.P.”
Greg Hunter – Four time best-selling author Jim Rickards says the Fed “throwing in the towel” on rate hikes is signaling a big problem for the economy. Rickards says, “The Fed was tightening to get ready for the next recession. . . . You need to cut interest rates somewhere between 4% and 5% to get out of a recession.
How do you cut interest rates 4% if you are only at 2.25%? The answer is you can’t. You have to get to 4% before you can cut 4%, and that’s what the Fed was trying to do. . . . How do you raise rates in weakness to get ready for the next recession without causing the next recession that you are preparing to cure? That was the conundrum. I never thought they would get it right . . . and, as of now, it looks like they didn’t get it right. Meaning, they tightened so much to get ready for the next recession they slowed the economy.”
Continue reading “Fed Can’t Get Out – Buy Gold Now [Video]”
Greg Hunter – Money manager Peter Schiff says even though there is “record debt everywhere,” the Fed thinks the economy is fine. Schiff explains, “The actual amount of money the government is borrowing is much larger than what they pretend they are borrowing with the official budget. I think the national debt was up around $1.5 trillion in 2018. . . . It’s probably going to be even greater in 2019. . . .
We have the biggest annual trade deficit ever in 2018. We’re going to beat that record in 2019. So, we have the twin deficits going off the charts. None of that worries (Fed Head Jay) Powell.
We have record corporate debt, record individual debt, record student debt, auto debt, credit card debt and none of that concerns Powell. We have record debt for state governments and municipalities.
We have underfunded pensions in both the public and private sector. We also have interest rates rising. They have risen quite a bit from a few years ago, and all of that is an added cost on an over-leveraged economy.
Continue reading “Record Debt Everywhere [Video]”