Trump Bump, No Recession, Rate Cuts Coming [Video]

celenteGreg 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]”

NATO’s Turkey Starting War in Syria, Interest Rates Spike, New Wounded Warrior Book

Greg Hunter – Turkey is invading Syria to force the Assad regime out. Could Turkey, a NATO member, drag the U.S. and NATO into a wider war in Syria?  The answer is yes.  The biggest threat is Russia that has a naval base and an air base in Syria.  Russia is propping up the Assad regime and does not look like it is leaving anytime soon.  Has NATO tacitly approved this action by not complaining or objecting to this new military action from Turkey?

The 10-year Treasury bond is vaulting higher, once again. On Thursday, it hit 2.45%, which is nearly an entire percentage point higher than it was in July.  Bondholders are losing value because of the rising rates.  $1.7 trillion was lost in the last month because of the bond meltdown according to Bloomberg.  Is it going to get worse?  Are rates going to continue to rise?  There is no sign of a turnaround in rates, especially with the Fed signaling of a rate increase at its next meeting in mid-December.

Continue reading “NATO’s Turkey Starting War in Syria, Interest Rates Spike, New Wounded Warrior Book”

The Populist Revolution: Bernie and Beyond

bankEllen Brown – The world is undergoing a populist revival. From the revolt against austerity led by the Syriza Party in Greece and the Podemos Party in Spain, to Jeremy Corbyn’s surprise victory as Labour leader in the UK, to Donald Trump’s ascendancy in the Republican polls, to Bernie Sanders’ surprisingly strong challenge to Hillary Clinton – contenders with their fingers on the popular pulse are surging ahead of their establishment rivals.

Today’s populist revolt mimics an earlier one that reached its peak in the US in the 1890s. Then it was all about challenging Wall Street, reclaiming the government’s power to create money, curing rampant deflation with US Notes (Greenbacks) or silver coins (then considered the money of the people), nationalizing the banks, and establishing a central bank that actually responded to the will of the people.

Over a century later, Occupy Wall Street revived the populist challenge, armed this time with the Internet and mass media to spread the word. The Occupy movement shined a spotlight on the corrupt culture of greed unleashed by deregulating Wall Street, widening the yawning gap between the 1% and the 99% and destroying jobs, households and the economy. Continue reading “The Populist Revolution: Bernie and Beyond”

Month-End Geo-Political Financial Review

Michael Noonan – A proverbial picture [chart], being worth 1,000 words, we will let the charts speak for themselves, with observations/comments attached to each one.

From our perspective, the charts are saying, irrespective of what anyone is reading or following regarding gold and silver, there appears to be no change in trend for the near term.  The state of China’s economy; possible confrontation between China and the US now sending ships to irritate/challenge China’s control over it part of the ocean where she is building new bases; flagging response to the Fed’s ongoing failure of injecting more and more fiat in an already over bloated fiat economy, in fact, world-wide; Russia’s ongoing embarrassment of Washington with Russia’s pinpoint air force accuracy bombing ISIS terrorists, and commensurate challenge of taking control of the Mid East from the flailing Sunni Arab coalition, Western political disarray, etc, etc, etc.

Then there is the never-ending slew of new directly related information as to facts and fundamentals about gold and silver and the ever-missing market interpretations arising from all available information.

As we always maintain, charts are the cumulative distillation of all news and also the input from all buyers and sellers that can impact the market that would otherwise be impossible to assemble and then assimilate in order to make sense of it all.  The charts’ developing market activity accomplishes that.  It then becomes a function of how well the charts can be understood in the message[s] being conveyed for all to see.

The most obvious competition for Precious Metals [PMs], is fiat currency, and no country has been more manipulative in internationally suppressing the price of gold than the US Federal Reserve, aided and abetted by the corporate federal government.  It is a perfect cover for the international elite bankers/globalists pulling the strings behind government, while at the same time, having the masses believe it is the government actually in control. Continue reading “Month-End Geo-Political Financial Review”

I Sure Am Glad There’s No Inflation

inflationCharles Hugh Smith – We are constantly bombarded with two messages about inflation:

1. Inflation is near-zero

2. This worries the Federal Reserve terribly, because stable prices are deflationary and deflation is (for reasons that are never explained) like the financial Black Plague that will wipe out humanity if it isn’t vanquished by a healthy dose of inflation (i.e. getting less for your money).

Those of us outside the inner circles of power are glad there’s no inflation, because we’d rather get more for our money (deflation) rather than less for our money (inflation). You know what I mean: the package that once held 16 ounces now only holds 13 ounces. A medication that once cost $79 now costs $79,000. (This is a much slighter exaggeration than you might imagine.)

Our excellent F-18 Super Hornet fighter aircraft cost us taxpayers $54 million a piece. Now the replacement fighter, the wallowing collection of defective parts flying in close proximity known as the F-35 costs $250 million each–unless you want an engine in it. That’ll cost you extra, partner.
Despite all these widely known examples of rampant inflation, every month we’re told there’s no inflation. Just to reassure myself there’s no inflation, I looked up a few charts on the St. Louis Fed’s FRED database.

I have to say, I’m scratching my head here because the cost of things has gone up a lot since 2000.

The consumer price index is up 38% from 2000. Now if somebody were to give me a choice between getting 10 gallons of gasoline and 10 gallons minus 3.8 gallons of gasoline, I’d take the 10 gallons. So how the heck can a 38% increase be near-zero inflation?

If I took $38 of every $100 you earned, would you reckon I’d taken next to nothing from you? Do you earn 38% more than you did in 2000? If so, congratulations; most people can’t answer “yes.”

inflation

Inflation in Urban Areas Up

Urban-area rents are up 56% from 2000. Now this is even worse inflation, because you just paid $156 for what used to cost you only $100.  Continue reading . . .

Charles Smith is a Guest Contributor for Shift Frequency – August 2015

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