The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label cnbc. Show all posts
Showing posts with label cnbc. Show all posts

Tuesday, September 27, 2016

Following Trump's winning most polls after the first debate, sentiment continues to be long towards buying gold

Following last night's first debate, the internet is wild with discussion and propaganda over who won, and who lost in New York last night.  But with the majority of online polls showing Trump winning by a relatively large margin, sentiment for gold continues to remain very high due to his increased odds of a victory.
Ahead of the first US presidential debate on Monday, Citigroup issued a warning alert of investors rushing into gold as the Republican nominee Donald Trump’s chances of becoming president have surpassed the 40pc mark. 
Previously seen as an unlikely winning bet by the majority of market participants throughout most of his campaign timespan, Trump is now expected to capitalize on his economic reform agenda, attracting voters yearning for change. As the chances of economic shift rise with Trump’s ascend, you can never be too safe, investors reckoned, rendered gold poised for gains in value closer to the yearend. 
Trump’s victory in November would mean a sooner interest rate hike by the Federal Reserve, with subsequent hikes to follow shortly as the Trump administration would be primarily focused on achieving economic normality. Amid the expected rate hikes, the stock market is likely to retreat, along with the value of many assets across multiple sectors of the economy. Bond yields would rise, whilst the fixed-income value would slip, a notion amongst investors spreads. Buying gold seems, therefore, a viable solution to offset the upcoming risks. “Polls have started to tighten ahead of the US presidential election, and Citi has raised the probability of a Trump victory,” Citi said in a note. 
“We expect a Trump win would bring out higher volatility in gold and forex, which in turn should lead to higher volumes in other precious metals.” - Sputnik News

Time Magazine

Fortune Magazine

The Hill


Monday, June 20, 2016

CNBC All-American economic survey has more investors choosing gold over stocks

Each quarter CNBC surveys a number of of American investors to determine key data points in regards to finance, the economy, politics, and investing.  And similar to the survey they put out three months ago, more investors prefer to buy gold over stocks.

Real estate remained the number one choice for investors, but this asset class has risen primarily due to the newest housing bubble that began in 2011 from central bank money printing and zero percent interest rates.  But it is the major shift away from stocks and into gold over the past six months that has many investors believing the economy is headed towards a downturn, and that stocks in general are overpriced in their own equity bubble.

Interestingly as well when you break down the numbers, those who intend to vote for Donald Trump have a much greater desire to own gold and divest themselves from stocks than those who want to see Hillary Clinton win the November election.  And this shows the fact that many Americans believe something is wrong in both the government and the economy, and are choosing outsiders (gold and Trump) in their investment and political choices.

Friday, June 17, 2016

Only 27 percent of Americans trust banks and the media, and nearly all institutions rank in bottom 30 percent

A new Gallup poll out on June 14 shows that very few Americans have any faith in their core institutions, with banks and the media registering near the bottom of the people’s trust.
In the decade since the start of the housing crisis and subsequent bank bailouts, trust in America’s financial system has fallen from 49% in 2006, down to just 27% in 2016.  And other institutions like the media have dropped to below even that percentage as only 20% of Americans trust their news outlets to provide them the truth and correct information.
gallup poll
Read more on this article here...

Friday, January 22, 2016

Got Karatbars? Respected economist Marc Faber its past time to buy gold as markets will collapse another 40%

With every economic analyst from CNBC, Fox Business News, Goldman Sachs, and even the Bank of International Settlements, there are always agendas behind the information, data, and forecasts they provide on a given day, week, or period.  Some push stock and equity markets because their advertisers demand they speak on things that promote their companies and stocks.  Some want to keep the public in the dark so they can continue their raping of wealth from classes of people into their own coffers, and yet again, some hold investments that they want to rise in value through directing others to purchase the same.

Economists in the alternative media are not immune to this as well, but overall they are much more altruistic in their forecasts and agendas.  Companies like Goldcore, Silver Doctors, and Miles Franklin have their employees write blogs, do interviews, and promote the goodness of their products, and even here at the Daily Economist we provide opportunities in a company called Karatbars to accomplish certain things that are rarely found in the status quo of corporatocracy.

But in the end, you as a customer, investor, and seeker of value must always double check information that you come upon, and weigh it against the scales of truth versus agenda.  And that balance scale is always best comprised in putting your trust in people who have a recorded track record of accuracy, because in the end it is not the solutions we offer to protect oneself that are the most important, but the soundness of the information so that you can choose your own path on how best to protect you, your family, your business, and your future.

Economist Marc Faber is one of those individuals with a proven track record, and the financial chops to go along with his analysis.  Much more than just selling a product, Faber puts his own money on the line in investing and saving wealth according to the data and trends that he both uncovers, and sees for the future.
Marc Faber, editor of the “Gloom, Doom & Boom Report,” has advised investors that now is a good time to invest in gold  because stocks will crash over 40% and the world is on the verge of a new liquidity and debt crisis. 
Faber says investors would be prudent to diversify into safe haven in gold bullion which has risen 3% this year and is currently at $1,096 an ounce. 
He recently told MarketWatch that the stock-market downturn could result in stocks hitting lows not seen in five years. Faber warns that the S&P 500, which fell to 1,881 yesterday, could drop to its 2011 low below 1,200. - Goldcore

The purposes behind gold as an asset are not primarily for use as an investment or speculation, but as protection against the destruction of currencies and paper based assets like stocks, bonds, etc....  And it is the most powerful instrument in history when financial systems are transitioning from a dying one to a future one.  Our current system is based on oil and the dollar, and the agreement created in 1973 where the U.S. needed a backstop for the reserve currency following its removal from the gold standard two years earlier.  But ever since 2013, economies in the East have been pushing for an end to this 43 year old system, and it appears extremely likely that its collapse, or at the very least its diminishment, is almost an assured guarantee with OPEC moving more into China's camp.

So in the end, our current financial chaos is not about equity markets or even recessions which most nations in the world are now experiencing, but about the end of a monetary era, which has the future of who will seize control in the vacuum of this collapse up for grabs.

And which makes the owning of physical gold the one sure protection to not only survive this coming transition, but to be fully prepared to start at a strong financial level in whatever system emerges from it.

And you can do all of this with a company called Karatbars

Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, Karatbars is working on a new e-wallet system that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Monday, January 11, 2016

Recession, deflation, and shipping that has ground to a dead halt

Earlier today, Jeff Berwick, also known as the Dollar Vigilante, reported a monumental announcement from one of his sources in the shipping industry that exports and sea transport had suddenly ground to a dead halt.  This of course validates the ongoing theme that the world is in a global recession, and that central bank money printing has long past its point of diminishing returns.

To double down on Berwick's information, another source created a graphic from real time shipping itineraries and came up with something that is not only historic, but utterly heard of since perhaps the 15th century.

No commercial shipping taking place at all in a given period anywhere around the world.

As noted in this graphic, not a single commercial vessel has left port to carry cargo to another destination.
Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world.  He told me they had no ships at sea right now, because operating them meant running at a loss.This weekend, reports are circulating saying much the same thing: The North Atlantic has little or no cargo ships traveling in its waters. Instead, they are anchored. Unmoving. Empty. 
You can see one such report here.  According to it, 
Commerce between Europe and North America has literally come to a halt. For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America. All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving.This has never happened before. It is a horrific economic sign; proof that commerce is literally stopped. 
We checked and it appears to show no ships in transit anywhere in the world.  We aren’t experts on shipping, however, so if you have a better site or source to track this apparent phenomenon, please let us know. - Dollar Vigilante

At this point, we await CNBC with baited breath to report an actual financial news story like this one.

We are still waiting...

Saturday, August 15, 2015

While the Fed tells Americans one thing, two major banks purchase tons of physical gold

There is a reason why CNBC has lost over 40% of their viewers after the 2008 Credit Crisis, and it is primarily because people have come to realize that most business networks are simply shills for the elite, and promoters of the Federal Reserve’s party line.  And to validate this, all one has to do is look at a recent article from the Wall Street Journal where a pundit sought to equate gold to that of a pet rock, and continue a long-standing trend of disparaging the one true form of money that has outlasted any manufactured script over the past 5000 years.
Yet one of the reasons why these mainstream news entities play this game of cover-ups, obfuscations, and lies is that while they work hard to dissuade people from putting their money into actual assets of worth, behind the scenes the banks and hedge funds are buying the things they tell you not to because they know in their own hearts the real truth of the state of the financial system.
And while the Wall Street Journal is calling gold a fad, and little more than today’s ‘Pet Rock’, two major banks have purchased tons of physical gold on the cheap.
Read more on this article here...

Tuesday, February 25, 2014

Senile former Fed Chair Alan Greenspan claims bubbles everywhere but U.S. markets

Even though the former Chairman of the Federal Reserve Alan Greenspan is too old to cut the mustard, he seems these days desperate enough to still try to lick the jar.  In a guest appearance on CNBC today, the former head of the U.S. central bank began blaming most financial worries on monetary ‘bubbles’ in foreign markets, while at the same time refuting that the Fed created highs in the Dow, Nasdaq, and S&P are not bubbles at all, but are simply strong economic indicators.

Read more on this article here...

Tuesday, March 26, 2013

Rick Santelli: It's better to be on disability than to work at minimum wage

On March 26, CNBC reporter Rick Santelli uttered the words that many in the alternative economic media have already known.  Welfare and disability pay more than working an average minimum wage job.

For someone in the mainstream to finally get it, and actually report it, is always a turning point in the propaganda media when they finally have no choice but to report the obvious.

CNBC's Rick Santelli notes, Disability payments (of which there are 14 million people covered in the US - none of which count towards the unemployment rate) pay around $13,000 per year (versus $15,000 for minimum wage work). However, Santelli exclaims, the people on disability get healthcare; and this program costs the US $300 billion per year. Is it any wonder that only 1% of those who were on disability in Q1 2011 have left? Santelli comments, "I'm not saying there aren't people that are on disability that shouldn't be, but much of it is illnesses like back pain... it's a judgment call," adding that, "without incentives, large issues go ...totally unfixed." - CNBC via Zerohedge

So we will go back to last November when a chart created by the Secretary of Public Welfare, showed that someone making $29000 will receive more in take home government benefits than another worker making $69000 after taxes (which go to the person making only $29000).

Monday, July 9, 2012

Santelli and Farage: when economic truth comes to town

There is a reason why CNBC is losing viewers almost as fast as MSNBC.  But it isn't because of tea party grandfather and bond analyst Rick Santelli.  The Chicago godfather of truth in our current market climate has all the credibility one could ask for in seeing the real picture.

Now, add Santelli to another anti-establishment voice (Nigel Farage), and you have the makings of a very insightful few minutes on the state of both the US, and European economies.

Forget the rah rah stock sellers who make up the crux of CNBC's lineup, and enjoy the refreshing truth without a hint of spin, that can really help you in the days going forward.

Tuesday, May 15, 2012

Billionaire Jim Rogers: We've had a great 30 years in the stock markets but it's over

On May 14th, Billionaire investor Jim Rogers spoke with CNBC in an interview, and discussed several market topics such as gold, stocks, market volume, and the overall direction the market is conveying for the future.  Most importantly, Rogers sounded the alarm that declining market will not be returning, and that America has had a nice 30 year run in stocks, but now, the party is over.

...the thoughtful Rogers opines, "You can read world history for decades. There are always people doing things wrong. We have not changed our human nature and we will continue to have scandals and problems" and in a follow-up to CNBC's standard 'money-on-the-sidelines' argument he crushes the money-honey's dreams: "Finance had a great 30 years. That's finished. Now to advance, we have too many people, too many MBAs, too much leverage and too many governments that don't like us". - Zerohedge

You can watch Jim Roger's interview below.

Thursday, November 17, 2011

Hedge Fund manager Kyle Bass lays out the European disaster and shows the ignorance of business media

Hedge Fund Manager Kyle Bass did an interview with the BBC recently, and in the process, showed how ignorant business reporters are regarding economics and the European crisis.  Bass has made sharp and keen analysis going back before the Housing bubble, and is now betting against Germany and Japan as the next to potentially default on their debt.

You will chuckle and wring your hands at how the journalist shill keeps trying to find out how much Kyle Bass's fund made betting agains the system, and even more, how she tries to blame him and others for the current economic crisis.

Its like watching CNBC and the parrots always asking guests for stock tips over and over.

Thursday, November 10, 2011

CNBC debate fiasco as business website takes down poll after Ron Paul leads

It should come as no surprise that a media network like CNBS, which is run by Obama insider Jeffrey Immelt, would be very quick to remove any web poll that shows presidential candidate Ron Paul leading over the Rino Republicans the establishment wants to hand pick to lose against Obama.

We had a poll up from our Republican Presidential Debate asking readers who they thought won. One candidate was leading by such a margin that it became obvious the polling wasn't so much a reading of our audience, but of the Internet prowess of this particular candidate's political organization. We have therefore taken the poll down.
Yes, we've gone through this exercise before.
Wastler then provides a link to a rather patronizing statement he made back in 2007 to explain why CNBC dumped polling results then as well:
First of all, let’s be serious, folks! Regardless of what you might feel personally about Ron Paul or his political position, it has become painfully obvious to even the most oblivious subsections of the American populace that the MSM, from supposed “right wing” outlets like FOX, to supposed “left wing” outlets like CNBC, have gone WAY out of their way to ridicule, suppress, or completely ignore him. - Brandon Smith of Alt Market via Zerohedge
Fear... its the final frontier by which Americans can overcome the brutal rule of our Marxist masters.  Alas, wouldn't it be fascinating if Ron Paul won the nomination and got to take on the great Teleprompter in Chief on actual issues, which we know would be a very unfair contest for the poor President.

Monday, October 31, 2011

Recipe for bankruptcy: Hire Jon Corzine to run your state or business

MF Global, a worldwide bond clearing house, declared bankruptcy today and it has sent shockwaves through the equity and bond markets.

However the most interesting thing about this failed business is who was running the show... ex New Jersey Governor Jon Corzine, who was ousted from office for incurring massive debts in the state, and nearly bankrupting it as well.

So the moral of the story is... if you want to turn your business or government agency into a bankruptcy candidate, just hire the dumbest man in the room, Jon Corzine, and it will happen in just a few short years.

On a side note... you wonder why CNBC has not really covered this major event?  Because MF Global appears to OWE the media station cash!  The hypocrisy of unbiased journalism, especially in the business realm.

Full bankruptcy filing attached below, where we find that in addition to owing JPM and Deutsche Bank $1.2 billion and $1 billion respectively, as bond trustees, the 7th biggest unsecured creditor with $845,397, is... CNBC? Perhaps that explains the objective reporting the Comcast station has provided on the topic of MF over the past several weeks, considering the caliber and quality of guests invited to opine. - Zerohedge

Oh... and the reward for bankrupting a company?  Try 12.1 million dollars, as this appears to be the golden parachute for Corzine who left as the shite hit the fan.

Wednesday, October 5, 2011

CNBC rumor mill - October 5th

And for the second day in a row, the DOW jumps over 100 points in the last hour on.... wait for it...

anothter rumer at the House of Fed, better known as CNBC.

Does anyone not find it strange that two banks would 'drop' info on their quarterly earnings well before earnings season is to begin?

Obviously not in the Bizzaro world of CNBC, where fundamentals and technicals have no place in the markets of HFT and RUMORS.

Buy on rumor, sell on rumor... truth is for God to worry about.

Friday, September 2, 2011

Rick Santelli vs CNBC insane clown posse

Rick Santelli once again shows himself to be the only sane person at Jeffrey Imelt's Obama News Network (CNBC).  As the banking industry comes crashing down, and the US debt levels once again have reached the Debt Ceiling limits, CNBC reporters go into apoplexy to try and defend the massive US debt.