H. ARMSTRONG ROBERTS/CLASSICSTOCK/Everett Collection
As 2018 winds to a close, the housing market has shown signs of a slowdown, and now the Federal Reserve has raised interest rates. So what does that mean for those in the market to buy a home? Continue reading
There were more than 100 gold Roman coins discovered in a buried hoard in the Cressoni theatre in Como, north of Milan. What I have examined from the photographs supplied to me, is that this is a hoard from the virtual fall of Rome.
The coins I identified were from the Puppet Emperor of Ricimer, a Germanic general who ruled Rome through puppet emperors going into the end of the Western Empire. His power emerged in 461AD until his death in 472AD. The official fall of Rome took place in 476AD. After Ricimer’s death, the Germanic King of Italy, Odoacer deposed the last Western Emperor Romulus Augustus in 476AD, which is considered to mark the fall of the Western Roman Empire. Continue reading
People continually ask “when” will it happen? For the last 6 months we have responded “it is happening right before your very eyes”! In fact, as of this morning 52% of global markets are now down over 20% from their highs and qualifying as bear markets. Please understand the financial backdrop these weakening markets are falling into. Bluntly, the world is facing a giant margin call that cannot be met. Continue reading
Not to be confused with…
If you had told a Chinese man 3,000 years ago that Cowrie shells would be replaced as money he would have laughed at you. If you had informed an American Indian in the 1600s that Wampum would cease to be money you would probably have gotten the same reaction. How about your grandparents or great-grandparents? If you had told them in 1932 that FDR would seize all their Gold coins in 1933, and force them to take worthless Federal Reserve Notes in their place, they would have thought you were crazy. Gold and silver were the only legal money, according to our Constitution. Continue reading
Bitcoin is close to becoming worthless
Just one year has passed since bitcoin enthusiasts forecasted that the cryptocurrency would hit a price of $1 million. But that was then. With the price of bitcoin having fallen almost 80% from its peak, and now trading well-below the support level of $6,000, everyone is wondering where it goes from here. Bitcoin is now entering a death spiral…
~ Foreword ~
What follows is lifted from an email which I received on December 3, 2018 from a long-time listener and friend from Idaho, who also was Secretary to a true American Patriot, the late Jack McLamb. Of all of the people I know, she is one of the most well versed on the subject of Crypto Currency (BitCoin, etc.). Her email was extended to me in regard to several comments which I had made on the air this Friday past.
In addition, her words are also somewhat of a response to the above headline and from yesterday’s ‘Dateline’ post, which we are resubmitting to you as part of this ongoing education.~ Ed.
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“Oh where is the noble face of modesty, or the strength of virtue, now that blasphemy is in power and men have put justice behind them, and there is no law but lawlessness, and none abide in fearful respect for the gods?” ~ Euripides, Iphigenia in Aulis
“In an ever-changing, incomprehensible world the masses had reached the point where they would, at the same time, believe everything and nothing, think that everything was possible and that nothing was true. … Mass propaganda discovered that its audience was ready at all times to believe the worst, no matter how absurd, and did not particularly object to being deceived because it held every statement to be a lie anyhow.
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A 70% stock market wipeout – that’s the prediction of former U.S. Congressman Robert E. Bauman.
Mr. Bauman’s a distinguished attorney, best-selling author and his work has been featured in The New York Times, National Review and The Wall Street Journal. He’s met and worked closely with Ron Paul, Ronald Reagan, Richard Nixon, Dwight D. Eisenhower, Gerald Ford and George H.W. Bush, to name a few.
And he’s co-founder of a financial research group that accurately predicted the dot-com crash of 2000, the recession of the early 1990s and the 1987 crash.
Today, he’s come out of retirement with his most controversial prediction in over 25 years. Continue reading
“Gold, Mr. Bond.”
Gold has been the subject of many action films. From being lost in forbidden jungles to locked away in formidable vaults, many films involve the pursuit of the precious metal. However, 1964’s Goldfinger stands particularly unique when compared to the others.
Auric Goldfinger, Bond villain and gold tycoon, had his sights set on the infamous Fort Knox. However, he did not plan to steal the gold. Stealing the gold would have required transporting 13,000 tons before authorities could arrive, a feat even Goldfinger acknowledged was impossible. So instead, Goldfinger planned to detonate a nuclear device in order to contaminate the gold with radioactivity. In effect, the $15 billion in bullion would be unusable. Continue reading
When Roosevelt confiscated gold, he created, in reality, a two-tier monetary system quite frankly as the medieval city of Florence. The Great Financial Panic of 1344 was when the value of silver rose dramatically blowing out the silver/gold ratio. Silver was used locally for the normal people. Their wages were paid in silver. The gold florin was used for international trade and companies had to keep actually two sets of books with accounting in each separate currency.
When Roosevelt confiscated gold, he devalued the dollar from $20.67 per ounce of gold to $35. Gold remained the unit of account for INTERNATIONAL transactions. While the last silver dollar was at first still minted, it was decided to end that production as well. Therefore, the last U.S. silver dollar to be struck was that of 1935. Nonetheless, the government then maintained silver as a backing for the currency domestically and issued Silver Certificates until 1963. Continue reading
