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 debt. Show all posts
Showing posts with label debt. Show all posts

Friday, May 20, 2016

Global central banks buy gold for 21st straight month as dumping of dollars continues to accelerate

For the 21st straight month, central banks around the world having been buying physical gold as a way to protect their currencies, and create monetary reserves that are not based on dollar assets.

The rush to replace dollars has become a high priority, especially for emerging nations, as the reserve currency loses much of its luster.  In fact, since the beginning of the year foreigners have dumped $123 billion in U.S. Treasuries which is the largest amount in the first three months of a year since 1978.
Led by Russia, central banks remained strong buyers of gold in the first quarter of the year purchasing 109 tonnes. This represents the 21st consecutive quarter that central banks have been net purchasers of gold as they continue to diversify away from the US dollar according to the latest World Gold Council report. 
Despite the steady buying most developing countries still hold less than 10% of their reserves in gold, compared to 60% or more in places like the US, Germany and Greece. The much higher share in developed economies is mainly a legacy of the Gold Standard, but but even the European Central Bank, established long after the introduction of fiat currencies, holds more than 25% of its reserves in gold. - Mining.com
What this also means is that sometime very soon, the price of gold will have to be revalued higher to act as a backstop for the world's massive debt currently held by most of the above central banks.  And this in turn will be the catalyst for not only using gold as a monetary reserve for debt, but as an eventual backstop for currencies that are screaming for real assets to once again be the standard for money rather than simply sovereign confidence.

Wednesday, May 18, 2016

Mainstream wonders why consumers aren’t spending because they don’t actually look at the data

Many Americans by now know that the mainstream media is little more than a propaganda tool of the banks and government, and they rarely if ever report on actual data that could deter from their agenda of ensuring the public believes everything is fine.  This has been true in many facets, whether it is the whitewashing of the actual unemployment rate, or by having the President go on air and call anyone who doesn’t believe in a strong economy as being delusional.
Yet the economy in America today rests upon too shaky pillars of both consumer and government spending.  And despite the media’s continuous attempts to say buy stocks because the consumer is doing fine, the newest CPI report out on May 17 shatters this rhetoric by showing a rise in prices of over .3% in just the last month, and the highest move since 2013.

Read more on this article here...

Thursday, May 12, 2016

Keynsian shill blames the American people not spending as the reason behind slow economy

Forget the fact that inflation, higher costs for education, Obamacare taxes and premiums, and record rents are the primary reasons why Americans have shuttered their spending over the past eight years, and instead trust in journalistic propaganda that villifies consumers as the ones at fault for the slow economy.  Because this is the assessment of a so-called economic journalist for the Washington Post, who wrote on May 8 that if people just borrowed and spent, everything in the economy would be unicorns and rainbows.

broke

Read more on this article here...

Thursday, April 21, 2016

It is getting well past the time to protect your retirement with gold as one of America's largest pension funds to cut benefits

In the aftermath of the 2008 credit crisis and subsequent fall of the stock markets by over 60%, many retirees who had their money in mutual funds, 401K's, and IRA's lost most of their wealth as we headed full on into what would become known as the Great Recession.  And while the Federal Reserve worked extremely hard at propping the equity markets back up to reach new all-time highs over the past seven years, the fragility of America's retirement system grew even greater as the debt bubble underlying it has now reached crisis proportions.

Which brings us to a new tribulation on April 20, and one that will become a domino effect for the majority of pensions across the country as one of the largest pension funds in America announced they are cutting benefits for hundreds of thousands of workers and retirees.


The Central States Pension Fund is currently paying out $3.46 in pension benefits for every $1 it receives from employers, which has resulted in the fund paying out $2 billion more in benefits than it receives in employer contributions each year. 
As a result, Thomas Nyhan, executive director of the Central States Pension Fund said that the fund could become insolvent by 2025 if nothing is done. The fund currently pays out $2.8 billion a year in benefits according to Nyhan, and if the plan becomes insolvent it would overwhelm the Pension Benefit Guaranty Corporation (designed by the government to absorb insolvent plans and continue paying benefits), who at the end of fiscal 2015 only had $1.9 billion in total assets itself. Incidentally as we also pointed out last month, the PBGC projects that they will also be insolvent by 2025 - it appears there is something very foreboding about that particular year. 
As the Washington Post writes: 
Ava Miller, 64, and her husband, Ed Northrup, 68, could see their combined monthly pension income cut to about $3,000 from the nearly $7,000 they receive now, according to a letter they received from Central States in October.  
If the cuts go through, Miller, who worked as a dispatcher in Flint, Mich., said they will need to dip into their savings to help cover their $1,300 mortgage payment, heating bills and trips to visit her 84-year old mother. 
Northrup, a retired car hauler, has started applying for truck driving jobs that could supplement their potentially smaller pension payments.  
What makes the cuts more painful, Miller said, is that she took pay cuts so that the company could continue making contributions to the pension. "I did everything I was supposed to," Miller said, adding that she and her husband made extra payments on their car loan to cut down on their monthly bills after they received letters in October informing them of the potential cuts. - Zerohedge
There is little the Fed, Congress, or state and local governments can do to resolve the growing problem of underfunded pension systems, and unless individuals take control of their retirement programs, the results will be catastrophic for the tens of millions of Americans about to retire from the Baby Boomer generation.  But there is still a way to protect yourself, your retirement, and your wealth, but time if growing short, and the one asset that can save you is very quickly moving into a position of unaffordability...

Gold.

Wednesday, April 20, 2016

Corporations defaulting on debt at levels not seen since the Great Recession

By now every real investor knows that stock markets are rigged not on fundamentals and technicals, but on Federal Reserve and ESF interventions.  And no greater example of this can be evidenced when Goldman Sachs, who reported a decline of 55% in last quarter earnings, saw their stock go up during today’s trading.
But underlying it all is a growing plague of debt and margin calls, and since the beginning of the year, 46 corporations have defaulted on their debt, which is the highest level seen since 2009, and the beginning of the Great Recession.
Read more on this article here...

Tuesday, April 12, 2016

IMF downgrades entire global economy following bank warnings of imminent defaults

It is both sad and funny how the mainstream propagandists can say that the economy and financial systems are absolutely fine one week, and then less than five days later warn of imminent disaster due to the potential of global credit defaults.  But this is exactly what has happened as the IMF downgraded the entire global economy on April 12, and both Bank of America and Deutsche Bank publicly announced serious dangers in the credit markets.
Moments ago the IMF did what it does better than anyone (with the exception of the Fed): it once again admitted its forecast of world growth had been too optimistic, and as a result in its just released quarterly World Economic Outlook report, it cut its forecast for 2016 global GDP growth from 3.4% to 3.2%, and from 3.6% to 3.5% for 2017. Indicatively, back in July 2014 the IMF was forecasting 4.0% GDP growth in 2016. It is now 20% lower. - Zerohedge


Yet in addition to the IMF's new forecast of an economic slowdown, and European bank warnings of credit defaults, the biggest danger may be coming from the Far East as a former IMF Chief Economist for the IMF announced that Japan is in its 'Endgame', and has reached the point of no return as it resides at a debt level of 250% of its annual GDP.

There is a reason why we have seen multiple central banks move into negative interest rates, call for direct payments to their citizens, and promote the idea of banning cash, because the reality is that the world is rushing headlong into the next financial crisis, and the clock is ticking for everyone to secure their wealth and get out of the system before they lose it all.

And we all know where the best safe haven is.



Sunday, April 10, 2016

Got gold? Bank bail-ins have returned, and are beginning in Austria

Last year saw a mad rush by Western governments, especially in the Eurozone, to pass bail-in legislation before the end of 2015.  And while the European Central Bank has done its part in attempting to buy every single toxic debt that was on the books of European banks, it hasn't been enough to satisfy the trillions in loans made to subsidize the oil industry, emerging markets, or artificial bubbles in sectors like housing.

And it appears that these new laws came none too soon as on April 10, Austria invoked their bail-in procedure and will initiate a debt haircut on senior creditors for a failed bank that was nationalized six years ago.

Today, the Austrian Financial Market Authority (FMA) in its function as the resolution authority pursuant to the Bank Recovery and Resolution Act (BaSAG - Bundesgesetz über die Sanierung und Abwicklung von Banken) has issued the key features for the further steps for the resolution of HETA ASSET RESOLUTION AG. The most significant measures are: 
•a 53.98% bail-in, resulting in a 46.02% quota, for all eligible preferential liabilities, 
•the cancellation of all interest payments from 01.03.2015, when HETA was placed into resolution pursuant to BaSAG, 
•as well as a harmonisation of the maturities of all eligible liabilities to 31.12.2023. - Examiner
Are you prepared for a bail-in at your financial institution?  Or are you set in having your wealth transferred to the only asset that cannot be confiscated in a bail-in, or devalued by central banks?

Friday, April 8, 2016

On the cusp of 2008: Inflation at its lowest levels since just before the financial crash

Because the Treasury Department and the Federal Reserve decided to base our economy on debt around four decades ago, the most important indicator they must at all costs keep growing is that of inflation.  This is because to afford to either pay off or rollover the debts they accumulate, they must continue to increase the money supply to support this credit expansion.

But as we know from history, these policies have one major achilles heal, and that of course is the gold.  And it is why for the past six years of QE and Zero Interest Rates the Treasury and central banks have had to manipulate the price to keep it down, and keep it from revealing just how insolvent the system really is.
Today’s chart shows the annual inflation rate of advanced economies, which includes the U.S., Europe, and Japan. Inflation measures how fast prices for everyday goods and services are rising. Last year, inflation fell to its lowest level since the financial crisis. This worries central bankers. 
You see, central bankers don’t view inflation like most people do. They think inflation helps the economy grow. For the past eight years, they’ve done everything they can to stoke inflation. They’ve slashed interest rates. They printed trillions of currency units.
None of this has worked. Prices for everyday goods and services have barely increased. 
Central bankers are becoming desperate to increase inflation. We expect them to “double down” on the same bad policies they’ve been using since 2008. That could mean more interest rate cuts...more QE...or even helicopter money. 
Owning physical gold is the best way to protect your money from these reckless government policies. - Casey Research

Since the middle of 2014, increases in the money supply have resulted in a point of diminishing returns, where it takes on average $14 new dollars just to create $1 new dollar in GDP growth.  And this can be seen even today on April 8 when the Atlanta Fed lowered its estimated for Q1 GDP for the third time in one week, and down originally from 1%, to .1% in three separate cuts.

There is little more that the central banks can do to stabilize the economy, the dollar, or their insurmountable debt bubble.  And the only thing that you as an individual can do is protect yourself from what is coming by taking your dollars and putting them into the one asset that functions well in deflationary times, and even better during inflationary ones.

Gold.

CFR President acknowledges that America’s massive debt will lead to the end of the dollar as global reserve currency

While only a small number of Americans actually understand that the Council on Foreign Relations is one of many institutions that act as the ‘power behind the throne’ for the U.S. and other Western governments, what is most important for the people who reside in these nations under their control is when they publicly disclose policies or agendas that will play an important role for their futures.  And on April 7, the current President of the CFR may have provided a glimpse into that future when he spoke to Congress and emphasized that the days of the dollar as the global reserve currency may be coming to an end due to the massive debt the U.S. has undertaken to try to sustain both the economy, and global hegemony over the world’s financial system.

dollar-whirlpool

Read more on this article here...

Tuesday, March 29, 2016

Protected class: Judge ok’s dismissal of student loans for lawyers but leaves out rest of the country

One of the biggest reasons why people have such bitter disdain for lawyers as a whole is because over time, that class of elites will end up taking over an entire government.  And besides the natural positions within the Supreme and District Courts that are stocked full with former J.D.’s, the current President and Vice-President are also former lawyers, with a majority of the House and Senate coming from that vocation as well.
At the start of the 114th Congress on Tuesday, the U.S. Capitol will be a little less lawyerly. But not by much. Members of Congress holding J.D.s will sit in 160 of the House of Representatives’ 435 seats and 53 of the Senate’s 100. - National Law Journal
So perhaps it comes as no surprise that those who run the government would look out for their own far more than the overall American people.  And on March 28, a new ruling out of the U.S. Bankruptcy court in Brooklyn, NY provided a way for students who work towards law degrees to be allowed to dismiss their student loans, while the other 99.4% of in-debt American students are left out in the cold.
No-Justice

Read more on this article here...

Monday, March 21, 2016

Got Karatbars? China cornering global gold market as return to gold standard their final long game

Over the past decade, news of China's purchasing of gold from the Western banks has grown to the point where not only have they opened the world's largest physical gold market, but they also have accumulated a stockpile larger than most Western economies have combined.  And while this can be seen or attributed by some as a financial play to backstop their ever increasing debt bubble, the fact of the matter is this has always been the first step in a long game of controlling the financial system, and returning it back to one of sound money.

And while many wait breathlessly for April 19th when China is expected to announce its own competitive gold price, other steps are being taken under the surface which signify a move to corner the gold market entirely.

The headlines for gold these last few years have all focused on physical gold accumulation by China, Russia and Eastern central banks… but what they have missed is a 7,000 year old strategy that China is doubling down on… According to data compiled by Bloomberg, in 2013 asset purchases by Honk Kong and mainland miners increased by $2.2 billion. China is buying gold mines at a record. 
…By August of this year Chinese influence will have infiltrated the biggest financial institutions in the world with China only revealing their physical bullion above ground while saying nothing about their mine acquisitions. This explains their long-term strategy to implement some form of gold-backed currency. - Silver Doctors

In 1980 when the Hunt Brothers sought to corner the silver market, it drove the price up 20 fold to levels that were not seen again until 2010.  So imagine what gold will do today in this much more inflated money system where debts are measured not in the trillions, but in the quadrillions?

This leaves you and I with some tough choices, and ones that are difficult to get our heads around since we have all mostly lived in a period where the dollar has been king, and the U.S. has been the most dominant economy in history.  But just as most people, financiers, and economists never saw the 2008 crash coming, even fewer will see the usurpation of the American dream by Eurasia when it comes riding in on a golden horse.

So how can you protect what you and your generations have accumulated when the trumpet sounds for a new paradigm shift to a gold backed system, and policies that may emanate out of Shanghai and Hong Kong rather than from Wall Street and the City of London?

You can do 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.

Sunday, March 13, 2016

Yale academic believes global economic crash is just months away

According to Yale’s Vikram Mansharamani, the global economic collapse is just months away despite the fact that mainstream pundits are discounting even a slight recession, much less a financial crash.  And at the heart of his analysis is the fact that the credit bubble that has been fueled by central banks over the past several years has finally reached a peak where nearly everything is artificially inflated, and the point of no return has been already crossed.


FINANCIAL bubbles across the globe are imploding and the problem is only set to get worse... Prices are falling around the world thanks to the collapse of China’s debt fuelled economic growth and this has triggered a succession of disastrous events that are starting to be realised, according to Vikram Mansharamani, an author and, lecturer at Yale University. 
Fears are growing that the world could face a financial crash of unprecedented levels and could even be just six months away. 
Bubbles created by the mountain of cheap money made available by low interest rates since the last financial crisis are now starting to burst, said Mr Mansharamani. 
Mr Mansharamani added: “We’ve got a bubble bursting, I would argue, in Australian housing markets — that is beginning to crack; South Africa — the whole economy; Canada — housing and the economy; Brazil. We can keep going on and on.” - London Express

Saturday, March 12, 2016

Economic recovery? Credit card debt for Americans nearly to $1 trillion

Wall Street pundits love to use the hyperbole of lower oil and gasoline prices to sell the idea that consumers now have much more discretionary cash to spend in the economy.  But a new report out on March 11 shows that not only is this a complete fallacy, but that Americans are so broke they are having to use credit card debt just to make ends meet each month.

And that debt is now reaching nearly $1 trillion, and putting Americans in the same insolvent positions they found themselves at during the 2007 Housing Bubble crash, and subsequent Great Recession two years later.


A new study from CardHub.com says credit card debt in the US has jumped by about $71 billion to $917.7 billion in 2015. The average American household with credit card debt now owes $7,879, which is the highest figure since the 2008 financial crisis.
CardHub.com says $7,879 is just $500 from an “unsustainable tipping point”, when the risk of mass defaults rises dramatically. 
The $71 billion debt ballooning last year is 24 percent higher than in 2014. The fourth quarter of 2015 alone saw credit card debt load surge to $52.4 billion. In the entire 2014 total credit card debt amounted to $57.4 billion. 
"With seven of the past 10 quarters reflecting year-over-year regression in consumer performance, evidence is mounting to support the notion that credit card users are reverting to pre-downturn bad habits," said CardHub.com CEO Odysseas Papadimitriou in a statement. “All of this has us wondering: Is 2016 the next 2008 for credit markets?” the statement added. 
According to the Fiscal Times estimates, if credit card debt in the US continues to grow at the current pace, American consumers would have to pay down their debts at a record rate to prevent escalated defaults and tightened credit availability. - Russia Today

Tuesday, March 8, 2016

The Central bank of central banks (BIS) recommends new financial model and puts gold standard as a new alternative

In a recent presentation by the Bank of International Settlements, or as it is known to the masses the central bank of central banks, the head of the bank's Monetary and Economic Department recommended that the global economy needs to get rid of its current debt-based monetary system, and move to another that provides more stability with less inflationary and deflationary extremes.

And in presenting his proposal to other members of the BIS, one of the alternative systems that is on Claudio Borio's recommended sheet was a return to a form of the gold standard.


This presentation suggests an alternative lens through which to view the global economy's struggle to achieve sustainable and balanced growth, reflecting a failure to prevent the build-up and collapse of hugely damaging financial booms and busts. A symptom of the current malaise can be seen in interest rates that have been exceptionally low for an exceptionally long time, with a record high amount of global sovereign debt trading at negative yields. To break out of this trap, there is a need to take a longer-term view and rebalance policies towards structural measures, abandoning the debt-fuelled growth model that has brought us to the current predicament. - Claudio Borio 
And an additional commentary on this recommendation was made by Economist Jim Rickards: 
It's interesting that they included the Classical Gold Standard period in their comparisons. Why include gold as a baseline case unless there was some chance of going back to gold? 
The main point they are making is that inflation and deflation show up more in asset prices than consumer prices. While consumer price swings have been modest, asset price swings have been huge and dangerous. Asset price bubble bursts impose huge hidden costs and are dragging down productivity because of the misallocation of capital.
So, there are a lot of "hidden costs" in debt-fueled expansions. Once these costs are taken into account, periods without as much debt or asset bubbles (such as the gold standard period) look like a better growth model by comparison." - Lone Star White House

Monday, March 7, 2016

German banking association recommending banks stockpile cash for loans to stimulate economy

On March 4, the Bavarian Banking Association recommended to its member banks that they take out all their deposits being held with the European Central Bank (ECB) and stockpile the cash for use as loans in order to stimulate the economy.  This recommendation comes as the ECB prepares for negative interest rates, and the charging of interest to banks under their authority for sequestering cash in their facility.
Like with the Federal Reserve in the U.S., ever since the ECB began its own form of quantitative easing and zero interest rates, banks within the Eurozone have simply borrowed cheap money from the central bank and either bought government bonds or parked it with the ECB where they received a modicum of interest.  This has resulted in a sharp slowdown in the velocity of money, and a massive decrease in lending to businesses and the general economy.

Read more on this article here...

Tuesday, March 1, 2016

Stock bubble: It now takes more credit to hold up stock prices today than it did just before crashes of 2000 and 2007

Last year was the year of the buyback in the stock markets, where corporations borrowed and spent trillions just to prop up their companies because earnings and revenues were no longer growing.  And for awhile this program was able to take the Dow, S&P 500, and the Nasdaq to new all-time highs.

But in May of 2015 things began to fizzle out, and while there would be a few rally's to counter any major selling, especially during the tumultuous months of July and August, the markets had reached their apex and the trend was fully set for a bear market that began in earnest in January of this year.

Yet perhaps most importantly for those hoping that Wall Street can calm the markets as we head into the 2nd quarter of 2016, an interesting piece of data was just compiled by Bill Holter that shows that corporations and central banks have reached their limit in being able to protect stocks from selling pressures as credit (debt borrowing) is now more costly than during the market peaks of 2000 (Dot Com) and 2007 (Housing Bubble, Credit Crisis) just prior to their collapses.
Just a short comment on a VERY BIG problem! The below chart shows “margin” balance on the NYSE with an inverted chart of the S+P 500 laid over it. 
NYSE-investor-credit-SPX-since-1995-inverted
Please notice the amount of credit being used to carry stocks now is significantly larger than it was at previous market tops in 2000 and 2007. Also, the amount of credit has begun to contract, this is a classic margin call being met …so far. The danger of course is as it always has been when margin builds like this. As the equity market pulls back, margin calls are issued and in some cases “forced sales” are done. This can, has in the past and most likely will occur and morph into a virtual loop where forced sales weaken prices, creating new margin calls and more forced sales in a negative feedback loop…otherwise known as a market panic. - Silver Doctors
What this all means in layman's terms is that when the market tilts completely downward, neither the Fed, nor the banks, will be able to provide liquidity to keep the markets propped up, with margin calls on their outstanding debt they already have causing stocks to unravel even more.

Monday, February 29, 2016

Got Karatbars? Is the Fed purposely trying to collapse the system to allow a return to the gold standard

One of the current memes going around our culture is to ask if someone is 'smarter than a 5th grader' when a person or institution's opinions, analysis, or views are so illogical that one has to question the educational level of the speaker.  And in our current financial system, that is in complete opposition to how individuals are forced to deal with debt and money, there has always been alot of head shaking when central banks say they must create more debt to be able to deal with their current debt.


But what if the move starting in the 1990's to accelerate the creation of debt worldwide was on purpose, and for the exact reason to both collapse the system and allow for the re-emergence of a gold standard?  This is exactly what was proposed during the 1960's in a Nobel Prize winning paper that offered a theory that the world should go to a completely fiat monetary system in order to expand the money supply to astronomical levels where the money could be used to create technologies, infrastructures, and growth that couldn't be achieved under a limited gold backed system.  Then when debt levels and loss of confidence in that fiat money had reached its apex, a collapse would occur which would allow nations to more easily return to the gold standard, with the added benefit of 40-50 years of construction, innovation, and infrastructures already having been built.

Think this is crazy or insane?  Well according to precious metals analyst and economist Bix Weir, a regional Fed office has been following this blueprint now for decades.

So, can the financial powers keep manipulating the U.S. dollar forever? Weir say, “I think they can, they have and they will as long as it is in the United States’ advantage.  It’s been our advantage to run this un-backed fiat system.  We have been the world’s reserve currency for a long time.  Now, we are the largest debtor nation in the world.  Now, we have all these problems with currencies.  It’s turning into a place where it is no longer to our advantage.  With the click of a mouse, we can end this game.” 
It won’t just be a debt default, and Weir explains, “It will be a default on our monetary system. Yes, it is a default on our debt, but it won’t be just the U.S.  It will be everybody, and it will be blamed on the banks.  They have set it up that way.  They gave the banks enough rope to hang themselves.  What it’s going to do is get rid of all this debt.  The biggest problem in the world now is debt.  Some people are going to be very mad at the U.S.  People are going to be very nationalistic, and it’s already started in the U.S. with Trump.  We will become nationalistic, and we will shut our borders when this crash happens.  This is the only way to get rid of the mess, and you and I know this mess is completely out of control. . . .There is no way out, and the idea was to never pay the debt.” 
Weir also adds, “I talk about this a lot, and this comes directly from the Federal Reserve Bank of Boston, and it comes from a 1960’s Nobel Prize winning paper, and it says the only way to get back to a gold standard is to print money in the largest amounts as you can—to infinity and collapse the system, and then go back to the gold standard. That’s what they’ve been doing.” - USA Watchdog
Perhaps it is critical that we look at the past seven years of zero interest rates and tens of trillions in quantitative easing to realize that there was a method to this madness.  By this, the Fed had to ensure that most of the new money didn't trickle down to the general economy to cause massive price inflation, while at the same time funding projects that would use this fiat currency in ways that would leave a legacy for both America and the world when the financial system finally shuttered and collapsed under its own 'debt weight' (yes pun intended).

China in particular has done this to perfection, using the fact that both Europe and the United States were creating tens of trillions of dollars and euros in new debt to print their own excess money supply in Yuan which they used to update and modernize nearly the entire country with infrastructure and technology that will remain when the global financial system fails.

Either way, central banks appear to know that the current monetary and financial systems are doomed to fail, and perhaps because this was their intention from the beginning.  And as we come closer and closer to that day of reckoning, where the trigger point comes when a critical mass of people lose complete confidence in fiat money, central banks know that the system that will come out of the collapse will be a return to the form of money that functioned very well prior to this for over 5000 years.

So if it is not a question of when or what the new monetary system will be when it takes eventually takes place, how can you protect yourself and your wealth that is denominated in the same fiat currencies that are expected to fail only to be replaced by a gold standard?

You can protect your wealth 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.

U.S. beyond insolvent as financial filings show $3.2 trillion in assets and $21.5 trillion in debt

Each year the United States government files a financial statement showing their assets and liabilities through the Department of the Treasury.  And while previous years have been similar to 2015, in that their liabilities outweigh assets by a large margin, never before has the deficit been as extraordinary as it was calculated on Feb. 27.
This because the United States (which is a corporation by the way), has assets valued at $3.2 trillion while showing short-term liabilities at over $21.5 trillion.  This is a difference of $18.3 trillion in the red, and in every single instance of financial definition would make the country (or corporation) insolvent and bankrupt.

Read more on this article here...

Tuesday, February 23, 2016

New Gallup Poll shows most Americans feel China a more powerful economy than the U.S.

There is a reason why Presidential candidates like Donald Trump and Bernie Sanders are making powerful strides in the 2016 election cycle, and it is something that the mainstream fails to recognize.  And despite all the rhetoric and false data used over and over to tell the American people how good and strong their economy is, average citizens are rejecting this propaganda and making their views known in many different ways.
And one way is in how they are dispelling the pundit’s ‘recovery’ myth as a new Gallup Poll out on Feb. 22 shows that more than half of Americans believe China has a much stronger and powerful economy than the U.S. does.

Read more on this article here...

Monday, February 15, 2016

Got Karatbars? Owning gold is the best rebellion against the corrupted financial system

In the movie the Big Short, narrator Jarred Vennett implied that prior to the discovery and creation of the Mortgage Backed Security (MBS), banking was a boring occupation where financial advisers offered safe products like government and municipal bonds, or dividend paying utility and energy stocks to investors.  In fact, until the 1980's when Gordon Gecko's 'greed is good' mantra permeated the American psyche, high finance was something very few strived to make their life's work.

But something changed in the early 80's on Wall Street and it may have all started with Alan Greenspan and the Federal Reserve.  This is because a decade after the dollar was removed from the gold standard, America's central bank began their policies of lowering interest rates which vastly increased lending via cheaper money.  And speculation, fraud, and a departure from fiscal responsibility became the fuel that made banking not only a profitable venture, but the new way to become rich with limited liability.

That of course was until the 1987 when stock market crash occurred, and began a different cycle of booms and busts that culminated in even greater and greater explosions, such as the Savings and Loan scandal, the Dot Com bubble, the Housing Bubble and 2008 stock market crash, and in 2016, a derivatives time bomb that could soon destroy the wealth of every individual except for a select few.

But there have been signals along the way for those who actually pay attention to their money instead of simply giving it to Wall Street 'experts' for 30 to 40 years and hoping that at the end it will fund their retirements.  And the very asset that has been both a barometer and a safe haven signal in all of these events has been gold.


Both central bankers and Wall Street hate gold because it not only limits their ability to leverage capital far beyond the boundaries sound money would allow, but it does one other important thing which is to put authority over money back into your hands.  And in the end it is the ultimate rebellion against a corrupted financial system, which in today's world owns most politicians, and can con government's into using taxpayer money to bail them out from their fraud and mistakes.
We’ll be blunt: most financial asset investors really hate gold. 
Anything - even leaving money in the bank - is better than owning gold since at least society has access to your capital through the banking system.  Once you buy physical gold, no one has access to that sliver of your portfolio. 
Of course, that’s actually a feature for the owner since physical gold is no one else’s liability. 
So the notable rally in gold is essentially a protest vote against the global financial system, the equivalent of taking your ball and going home. 
This only happens when investors think central banks have lost their way, and that’s not good news.  Think of gold as a super-duty dive watch.  It can go places humans can’t actually even dive.  The watch will outlive the person wearing it.  Kind of cool, but you don’t necessarily want to test it yourself.  - ConvergEx's Nick Colas via Zerohedge

Gold: Best performing asset of the 21st century, and one of the top 3 since 1971

Because gold was disconnected from money, an interesting thing has occurred which has only been seen a few times in history when precious metals were relegated as commodities rather than as a currency.  It has become a form of investment as well as simply being alternative money or wealth protection, and in fact, has been the best performing asset of the 21st century despite the massive stock, bond, and housing bubbles created through the use of debt and low interest rates.  And it is also one of the top 3 performing assets since its disconnect from currencies beginning in 1971.


So... gold has not only been one of the best investments of the past 45 years, and especially the past 16, it is a way to protect and hedge against inflation and against central bank manipulation of currencies, and lastly it is the one true way to tell Wall Street and bankers to 'shove it' by taking your money completely out of their rigged game, and limit their ability to increasingly leverage debt and steal your money by removing the capital foundation they use in the markets.

And with more and more people finally waking up out of the Wall Street programming that helped fuel their greed by conniving people to trust them with their money by giving it to them for decades under the guise of mutual funds, 401k's, and IRA's, how can you achieve nearly every financial need and desire you have through the purchasing and holding of gold?

You can do so 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.