Economic Rant

December 31, 2017

“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience.”  C.S. Lewis




The major restaurant chains are all going broke! This includes Sonic, Panera, Outback, Subway, Cheesecake Factory, Applebee's, Chipolte, Chili's, Buffalo Wild Wings, TGIF, Ruby Tuesday, Jack in the Box, and Domino's.




On December 12 it seemed like the HUI broke support, and the quadruple bottom was just a dream. well, it wasn't a dream and we now have a very powerful quadruple bottom. This portends well for 2018. As long as the HUI holds the 178 level we're fine. The HUI is not confirming the two week move in metals. We may have another correction, but it should be short.



On the 22nd things were mixed. The commercials added 10,000 gold shorts, and are now up to 128,000 contracts net short. They dropped 6,000 silver shorts, and are now only 19,000 contracts net short. 19,000 is the best we’ve seen in years folks. On the 29th the commercials added another 20,000 gold shorts, and are now 149,000 net short. They added 2,000 silver shorts, and are now 21,000 net short. Just look at this COT chart (does not include the 19th). Lower purple lines are commercial shorts. When they go long with us, life is gonna be wonderful!

Thanks to Clive Maund and Software North for this fine chart.



Silver demand is up every year, but production is down badly. Look at the chart below.  There are very few silver mines in the entire world. Nearly all silver is a byproduct of base metal mining.  Each year only 870 million oz of silver is mined worldwide, and this is falling. Almost none is recycled anymore, since all photography and x-rays are now digital. There are over 7 billion people in the world. This means there are less than 4 grams ($2 worth) of silver per person available every year. That equals about four paper clips. When a smart silver investor buys a 1,000 oz bar, he has just taken all the silver available that year for 8,000 people for only $16,000.






Ignore the big dip on July 6, as it actually closed at $15.61. This is a powerful triple bottom. We still may have a weak January for various reasons

Thanks again to Clive Maund for the comment. Clive is a good man.




George Orwell said the government would name programs 180 degrees opposite of what they really are. Are you confused by Net Neutrality? Don’t be. Anything from the Obama administration is always the wrong thing to do. Anything assholes like Jimmy Kimmel promote is always the wrong thing to do. Anytime the government wants to “help you”, run as fast as you can. Net Neutrality is not libertarian at all- it is government control. Free markets are always the best answer.




California Road Charge Pilot Program will charge residents of the People’s Republic for every mile they drive!!! That's right. The DMV will check your odometer and tax you for every mile on your vehicle. Yes, that will include motorcycles. Morons just love socialism until it comes time to pay the bills.




Norway is going to decriminalize possession all drugs for all adults. They are tired of filling their courts and jails with people who simply want to get high. The police are tired of it, too. Other countries like Portugal, the Czech Republic, and the Netherlands (for all practical purposes) have done this. 29 states and Washington, DC have legal, decriminalized, or medical marijuana. Only 21 states to go. For those of you who don’t know (or care), medical marijuana is the same as decriminized basically. Anyone can go to a “pot doctor” and get a prescription for any reason, or no reason at all. Wonderful. Freedom is always wonderful. Pot makes you lazy, stupid, apathetic, foggy minded, forgetful, hungry, thirsty, horny, anxious, and paranoid. But, adults have the right to do what they want in the own homes.




The late 1960s and early 1970s were a magical time for many people. Most states have legalized or decriminalized marijuana. Most have lightened up on drug possession. You lose count of how many have decriminalized it and/or now allow medical marijuana. Other countries are legalizing the possession of ALL drugs for adults. Strangely enough, George Soros wants all drugs legalized. Period. All of them. Holland did ban magic mushrooms, but not magic truffles. All drugs are now freely sold on the streets. The police have better things to do.



Dow Theory says the DJI, DJT, and DJU must all rise or fall together as a team to make a true market trend. Well, the DJI and DJT are just fine, but the DJU collapsed a month ago. Do not be in this market. A massive correction is very overdue. Look at this three month DJU chart. Dow Theory works, and predicted the 2008 crash beautifully.



Walmart is the largest retailer in the world. It's market cap (total money invested in their stock) is "only" $290 billion. Bitcoin is $320 billion!!!  As far as market capitalizations go, Bitcoin now has a higher cap than Bank of America, Wells Fargo, Walmart, Visa, and almost equal to J.P. MorganAll cybercurrencies are totally worthless with no value at all in any way. Nevertheless, Bitcoin futures are now listed on the Chicago Mercantile Exchange (CME). This is crazy.  Everything on all the futures exchanges have real value. Not anymore. Venezuela has adopted the Petro cybercurrency. The Washington Post says the federal government is going to issue Fedcoin. THE WHOLE WORLD HAS GONE NUTS!!!  When Bitcoin and all the other cybercurrencies implode those with gold and silver will be incredibly rich.  FRIDAY December 22- Bitcoin crashed and burned as soon as the CME listed it.






Bitcoin fell 45% in only 5 days. During this collapse investors could NOT exit their positions as we have repeatedly warned. They watched helplessly as their money vaporized.

Here’s what Charlie Munger said about it…

""I think it is perfectly asinine to even pause to think about them," Charlie Munger said. "It's bad people, crazy bubble, bad idea, luring people into the concept of easy wealth without much insight or work. That's the last thing on Earth you should think about … There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin. … It is total insanity."




In 2018 the Mexican banks will fingerprint and take an iris eye photo of every customer.  Every citizen will be required by law to have a National ID Card and unique number. All this will be listed in a central data base of course. This will spread to sheeple countries like Canada, all of Europe, Australia, and New Zealand. Then it will come to America. You’ll be required by law to get your National ID Card with all your biometric information. This cannot be counterfeited. All your information will be in a central data base.



If we just pay attention, we CAN see what the future will bring, but we can’t time it. The future is dark, very dark. We have to deal with that as best we can. We certainly can deal with it when we know what is coming, and prepare for it.



Great events cast their shadows before them. You can see tomorrow if you just take a good, hard look at today. You can see what is coming if you just PAY ATTENTION.

You don't need to be a psychic to know what's down the road. Reality is a continuum. Just be aware of what is going on now, and you can see what is coming tomorrow.


*The tax cut was wonderful, but there was no equal decrease in government spending. This is a huge mistake. So, the tax cut will not result in a stronger economy.

*Tesla and Elon Musk will collapse. The charade cannot go on. They have lost massive amounts of money from the very beginning. A complete fraud.

*Bitcoin will pass $20,000 and then collapse. That's right, Bitcoin will collapse and burn in 2018. (Note, that already happened before press time.)

*Gold and silver will finally take off after 7 years (April 2011). The continuing fall of the dollar and a stock market crash will help greatly.

*The stock market bubble just cannot continue. The chances are it will crash. You just cannot predict the timing on this. Don't be in this market. Dow Theory repeatedly says this is not a valid trend. Chances are it will collapse in 2018.

*Bonds won't collapse yet. Bonds are the largest legitimate market on earth by far. When (not if) they collapse, the whole world economy will go with them.

*Khloe Kardashian will have another black baby (just kidding!)

*The California secession movement will boil over. Support, and send them money. Pray that this cancerous state secedes from America.

*Derivatives are an unregulated mania, and are far larger in dollars. They will NOT collapse anytime soon. When they do, it will be worldwide pandemonium.

*The housing bubble will probably collapse in 2018. This is not a definite. If not, it will collapse in 2019. It is already cracking in the People's Republic of California. This will sweep eastward, and it will be a national collapse, like 2008. A median home price of $256,000 is completely out of reason. $150,000 would be reasonable.

*Many more sexual perverts and satanists will be exposed in Hollywood, the media, and especially the government.

*You'll see endless, countless apartments built on every corner. Americans will live in apartments rather than real houses. Our standard of living is going to hell.

*The European Union will continue to disintegrate. This was a huge step for the One World Order crowd, but has failed miserably. The rats will desert the ship.

*Unemployment will increase. Ignore the government statistics, and look at sites like  John Williams Shadowstats for accurate information. Right now it is about 24%.

*Inflation will continue to increase, and prices will rise. Again look to sites like Shadowstats for the real figures. Right now it is about 10%. The Fed will continue to print money 24/7.

*The U.S. dollar will continue to fall. All currencies are in a race to the bottom. This will push gold and silver higher.

*Interest rates will rise strongly. They have to. The current extremely low rates are 180 degrees against the extreme money printing and inflation. This is crazy.

*The American standard of living will continue to fall, as it has for about 50 years now.

*Social Security will continue to increase payments by 2%, when the true inflation rate is about 10%. People will still get their checks, but they will buy less and less and less.

*Wars will not only continue but increase. There may actually be a limited war with North Korea. This will not result in worldwide nuclear war. The Zionists are intent on attacking Iran. They have also added Lebanon. Other countries will be in our sights.

*Oil cannot be predicted, as it is controlled by politics, not supply and demand. It may fall to $40 and stay there, or take off over $100 when some kind of war kicks off.

*Watch Saudi Arabia now that it is a bin Salman dictatorship. They can start a war. They are now the third most evil nation after America and Israel.

*Watch Lebanon, too. We are going to attack them for the Greater Glory of Israel.

*Watch Ukraine. We just foolishly armed them to further irritate Russia. Stupid on our part. We keep pushing Russia and China into war.

*This country will continue it's suicidal slide to the left. The police state will get worse. Civil rights will continue to disappear. Privacy will keep eroding. You'll see more and more control and restrictions on the Internet, ESPECIALLY free speech.

*More and more fake murders like Sandy Hoax. More government caused disasters like the Las Vegas shooting and the California fires.

*We are very overdue for another fake 9/11 attack. It will be 17 years, and one is very overdue. This will be much worse and kill more people.

*More malls will close, more major chains will go under, and more retail stores will close. Most people are not merely broke, but deeply in debt.

*Auto and truck sales will continue to fall. You'll see dealerships close

*The "opioid" (actually the correct term is opiate) fake crisis will only get worse. This has nothing at all to do with drug dependence, but everything to do with control and creating more of a police state. Legalizing all drugs would put an end to this.




In 1988 The Economist magazine said we would have a one world currency by 2018 (30 years.) called the Phoenix. This is a NWO/Rothschild publication. Well, it is now 2018, and the Washington Post already spilled the NWO beans. Look for the Fedcoin to be introduced. Backed by smoke and mirrors, and not worth anything. We have exposed this before. Below is the 1988 issue that warned people of the one world currency fraud. Your only protection against all this insanity is owning physical gold and silver bullion. Silver is at least six times better than gold. The U.S. Petrodollar is finished as the world reserve currency. It is being replaced by the Petroruble and Petroyuan. We have run trade deficits for the last 30 years now. The Fed counterfeits unbacked green toilet paper 24/7. We haven't had any gold in Ft. Knox for over 50 years now. It’s over!



Not one House Democrat voted for Trumps bill to lower taxes. Polls show on 26% of Americans approve of having more money in their pockets. In fact, the polls claim 49% actually disapprove of the bill. Who wants higher taxes, less money in your pocket, and a lower standard of living? This is a good bill! We had some of the highest corporate taxes in the world! This just stifles business and results in higher unemployment, and LESS tax revenues. That’s right, Laffer proved this back in the Reagan years. Lower taxes mean MORE tax revenue. The U.S. had the highest corporate tax rates in the world. Look at this chart to prove that. America is blue and the global average is orange. Believe it or not, Europe has the lowest rates overall in the world! Socialist Europe outdoes us.

You watch liberals and simply cannot comprehend how they think and act. They love government and hate freedom. They want Hillary to lead them thru the gates of Hell. This is because they are mentally ill. Psychosis is irrational by nature.



The House of Windsor, the "Royal Family", has been formally the head of England for 100 years now (1917). Harry is going to marry Meghan Markle who is of African heritage. This will be the first mulatto princess in the history of any European country. If If Harry is ever made king, she will be the first mulatto queen. My how things change.




14 of the 15 members of the U.N. Security Council slammed Trump for choosing Jerusalem as the capital of Israel. The country we call Israel is really Jewish occupied Palestine. This includes our supposed allies Britain, France, Germany, and Japan. We have no allies! This just proves Trump is nothing but a Zionist sock puppet, and Satanyahu gives him his daily marching orders. The U.N. General Assembly voted 128 to 9 that Trump's decision was "null and void". Only 7 countries voted with America and Israel. Seven lousy countries out of 193. They were all insignificant ones... Honduras, Guatemala, Micronesia, Nauru, Palau, Marshall Islands and Togo. 35 abstained, and 21 were absent. That's 56 cowards. Satanyahu had a stroke after the vote! The U.S. did everything possible to blackmail and threaten every country to vote with them, but it all failed. The media is beside itself over this. Now we can see the entire world hates America and Israel. The whole world hates America now, even the ones getting all the welfare.




Yes, communist CNN took a poll and found only 36% were in favor of this abomination. Don't ever think 64% of American adults have any brains though.



In a speech at the Herzliya Conference, Israel’s military intelligence chief, Major General Herzi Halevy, took Israel’s long-standing position that it “prefers ISIS” over the Syrian government to a whole ‘nother level, declaring openly that Israel does not want to see ISIS defeated in the war. Herzi said the loss of ISIS would put Israel in a “hard’ position.” He expressed concern about the recent offensives against ISIS territory, saying that in the last three months the Islamist group was facing the “most difficult” situation since its inception and declaration of a caliphate. He went on to express concern that the defeat of ISIS might mean the “super-powers” leaving Syria, saying this would put Israel “in a hard position” after being so opposed to the survival of the Syrian government. He then said Israel will do “all we can so as to not  find ourselves in such a situation,” suggesting that the Israeli military is looking at direct support for ISIS as a matter of policy, and not just rhetoric. There you have it- Israel loves ISIS and ISIS loves Israel. Israeli hospitals routinely treat wounded ISIS soldiers. America, Israel, and Saudi Arabia created, support, and sustain ISIS.


On the 26th, the day after Christmas, all the regular hosts were on vacation. One of the cast woman replacements at 8:10 AM (EST) was kidding around, and suddenly blurted out, "I guess you need to get it before the stock market gets cut in half in 2018". She would have NEVER said anything like this unless she was scripted to say it. The NWO is famous for warning the sheeple before they do something. There were many warnings about 9/11 one and two years before it happened. A varied assortment of warnings on everything from record album covers, tv cartoons, comic books, movies, playing cards, board games, and others CLEARLY warned the Twin Towers were going to burn down. We reported on all this years ago with numerous proofs like you see below. Here you see the Simpsons show predicting 9/11 "coming soon" with one of the burning towers. This silly show has 14 million viewers!!! This can't be denied as there is overwhelming proof. "Our" government killed 3,000 of our own citizens. Just like they did in Las Vegas. Another mass murder may well come this year.   



Too many signs tell us this year is going to be dark. All the economic problems pale in comparison the possibility of various (not just one) wars. North Korea could be destroyed peacefully by economic sanctions. We certainly don’t have to risk a nuclear war to put an end to them. Most of the world hates them, and China has cut them off from trade, especially oil and coal. The Bitcoin crash was a warning. We’re facing a real estate crash, a stock market collapse, a bond disaster, a derivatives explosion, we’re up to our ears in debt in every way, unemployment is thru the roof, inflation is bad, the dollar is collapsing, There are no answers to any of these problems. The chickens are going to come home to roost. The evil axis of America/Israel/Saudi Arabia is doing their level best to start wars and more wars. We are overwhelmingly outgunned and outnumbered by countries who hate us. We have no allies. Just China and Russia can vaporize us anytime within hours. Add another twenty countries that will gladly join them. Be prepared. Be ready. Do everything you can to be prepared. This is not paranoia, but merely good common sense. Put every dollar you have into silver bullion. Have some green cash for purchases. It is far more important to have lots of ammunition moreso than guns. Have food, especially brown rice and dried beans. Walk around the house and make a list of things you need every day. Stock up on all of them. Cheap alcohol makes a good barter item by the way. So does instant coffee. Make sure you have a generator and fuel. A propane tank (and propane converter) is much more practical since gasoline has a one year shelf life at best.


See you in two weeks. Happy New Year!

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