The coronavirus was a heck of a cover for the Federal Reserve’s failings, and the riots are laying even more cover for what’s to come. While the masses focus on what’s happening on the surface, the real criminals laugh at our ignorance from their metaphorical ivory towers. Continue reading
“In the field of monetary and credit policy, precautionary action to prevent inflationary excesses is bound to have some onerous effects— if it did not, it would be ineffective and futile. Those who have the task of making such policy don’t expect you to applaud. The Federal Reserve, as one writer put it after the recent increase in the discount rate, is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.” ~ William McChesney Martin, Speech to Investment Bankers Association of New York, October 1955
“Nothing spells trouble like two drunk cowboys with a rocket launcher.” ~ C.J. Box
“We’re not even thinking about thinking about the consequences of our actions.” ~ Jerome Powell, Chairman, Federal Reserve
Stocks attempted to rally again today, cheered on by the financial TV muppets and spokesmodels, riding the buzz from yesterday’s retail sales numbers, and various fantasies about a cure for the coronavirus.
But alas, and again, stocks had their early rise, but then fell back into the close to finish lower or unchanged.
Gold and silver were under pressure most of the day, but managed to eke out a small gain into the close.
The Dollar gained a very small bit as well.
I cannot stress enough how volatile the situation is beneath the surface.
Written by Jesse for Jesse’s Cafe Americain ~ June 18, 2020
Editor’s NOTE: Readers – I know that in time it will be here – not more printing or minting of US “money.” THIS is how THEY are going to control us. I have been warning our readers and listeners of this for a quarter of a century, but then… Who the hell am I? BUT I will fight this until the end. I am not in favor of ANY of it! ~ JB
Thanks to COVID-19, many of us have been working remotely, wearing masks when we go out, and paying for grocery delivery services. And we’ve been staying connected with loved ones using videoconferencing programs like Zoom…
And while I think the virus itself will be in the rearview mirror by this time next year, COVID-19 will continue to have an impact on the way we live. Continue reading
2020 has been quite a year so far. It has been one nightmare after another, and yet the economic optimists continue to insist that economic activity will soon snap back to normal levels somehow. So the economic optimists aren’t really alarmed by the fact that the core areas of our major cities have been torched, gutted and looted by rioters, because they assume that all of this violence is just a temporary phenomenon and that any damage that has been done can be repaired. …and they aren’t really alarmed by the fact that the COVID-19 pandemic is starting to escalate again. In fact, over the last seven days we have seen the number of newly confirmed cases around the globe hit levels that we have never seen before. They just assume that “the worst is behind us” and that the vast majority of the businesses and jobs that have been lost during this pandemic will be quickly recovered.
Wouldn’t it be wonderful if they were actually correct? Continue reading
I need to vent. Not something I normally do too much of…OK…my wife was out of work due to COVID-19 for over a month and we were not able to secure any money relief from the State of Arizona because she was on contract (gov’t contract, unable to represent her) and “self employed.” BUT, wait…the government of Arizona will be paying out $30 million to “Refugees of COVID-19” who were sent to Phoenix after being detained for crossing the border illegally. WOW. No money relief for citizens who pay taxes and obey the law but refugees get our tax money? This Bill was introduced by the Mayor of Phoenix, Kate Gallegos, a Democrat. This is why I don’t vote for Democrats. They are more concerned about non-citizens and illegal aliens than hard-working, tax-paying citizens of the US.
PS: They are also concerned with upsetting China by calling the COVID-19 the Chinese virus. If you have a brain, don’t vote Democrat. Shame on them!
Don Zerbst
May 23, 2020
Don’t forget a vegetable and salad-fixins and potato dish – and oh yeah – a bottle of wine – add sales tax and Corono-virus surcharge – and it will cost you probably 7 ounces of silver – which is also selling at inflated cost.
There are no Swiss banks in Goldfinger although “Goldfinger, in ready money, is the richest man in England. In Zürich, in Naussau, in Panama, in New York, he has twenty million pounds’ worth of gold bars on safe deposit.” But Goldfinger uses Switzerland as the hub of his gold trafficking (which was illegal at the time in some European countries). There he has a discreet plant where he melts down car parts made of solid gold to then discreetly bank them or ship them on. Switzerland never had capital controls that prevented the free flow of gold or other precious metals, and this makes it even today the world’s first market for gold. In the movie, Goldfinger uses this Swiss freedom to his advantage. Continue reading
Das ist der Teufel
Do you wonder why the media wants you panicked about the food supply and why farms are slaughtering and aborting animals? Bill Gates and food giant Tyson have both heavily backed lab-grown meat research.
The death and destruction and economic terrorism wages on humanity has reached truly horrifying levels. These elitists want total global domination. Continue reading
“If you’ve got gold, you’ve got money. If you don’t have gold you have a problem.” ~ Alasdair Macleod
When Alasdair Macleod originally spoke those words, several years ago, it blew my mind. It still blows my mind in it’s simplistic and precise use of language. Alasdair has been teaching us all about gold for a very long time. We all owe him a debt of gratitude that we will never be able to repay. Continue reading
