Economic Rant

August 01, 2018

Big Brother does not watch us by his choice, we watch him by our choice. When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of babytalk, when, in short, a people become an audience, and their public business a vaudeville act, then a nation finds itself at risk; culture death is imminent.



One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It is simply too painful to acknowledge -- even to ourselves -- that we’ve been so credulous.


WE CAN'T AFFORD 900 OFFSHORE MILITARY BASES

 

Half your tax money goes to the military. We have 1.3 million active troops and 800,000 reserve troops. It's a disgrace that we have 300,000 troops in 177 countries on about 900 military bases. We should have zero troops in zero countries on zero bases. This insanity bankrupts us at more than $100 billion every single year. THIS COMES OUT OF YOUR POCKET. Almost no Americans seem to realize we have 300,000 troops around the world. Did you know that Germany, Japan, and Italy are vassal (slave) states? Almost no one knows that. They aren't allowed to  have a military force of any size at all. We occupy them with our military. Of course, these are the countries that stood up to American aggression in World War II.

We have 39,000 troops in Japan

We have 35,000 troops in Germany

We have 24,000 troops in Korea

We have 12,000 troops in Italy

We have 9,000 troops in Afghanistan

We have 9,000 troops in United Kingdom

 

Trump promised to move a handful of troops from Germany to Poland. That defines rearranging the deck chairs on the Titanic! Germany does not want American soldiers in their country. Nor does anyone else!!! Not one country wants our murdering thugs in their country. They are not brave soldiers defending freedom in any way.  The Philippines wisely threw them out. Japan doesn't want them either-they have been literally rioting in the streets for decades to get rid of them. Korea wants them out-they protest constantly. The Italians resent us bitterly. In Vincenza our soldiers rape the local women. The Afghans hate us for invading their country. Most Brits are too stupid to know any better. We "occupied" Iceland by force in 1941 against their will. It took until 2016 for them to get rid of us. 77 years to force America to remove every last soldier. They were very smart to do it. The Icelanders still hate us for that. Explain how having 900 offshore bases is about self defense. This is really about being the World Police and the World Bully. Well, we are no longer the World Superpower. We no longer have any support out of 200 countries, except for France and U.K. We're going bankrupt over this, and it will have to end. There is simply no money for this endless evil.


IRS CAN IMPRISON YOU IN THE U.S. FOR NOT PAYING TAXES

 

Americans have always known you can freely leave the country anytime you want unless you are a felon with an open warrant. No longer. If you owe the IRS any taxes or fines they can freeze your passport. You will be stopped at the airport or any border crossing. Having a passport is a basic right, not some kind of privilege. Being imprisoned in your own country is a hallmark of communist totalitarian police states like Cuba and North Korea. You can thank the Republicans for this one. More proof we are a one party Republicrat country. You can't leave the country now if you owe the IRS!!!


OIL SHOULD BE $20 A BARREL, NOT $70

 

This is a 72 year price chart of oil. Thanks to Steve at SRSrocco. Again, we're back at that Magic Year around 1970 before the price took off eventually to $140 a barrel. It was only $3.50 a barrel back then. That's right, you read that correctly, the price of oil back in the early 1970s was about $3.50 a barrel. You didn't know that, did you? The true price of oil today should still be $20, not $68. Oil is priced by POLITICS , not supply and demand. Never trade or invest in oil! We have oceans of oil all over the world, much of which is yet to be discovered. There is no "peak oil", "energy crisis" or anything of the sort. We also have endless oceans of natural gas. We have 1,000 years of known coal reserves right here in America. Plus endless tons of coal around the world. If things get bad we have an almost endless supply of uranium. The idea of an energy crisis is preposterous. The idea of using solar, wind, and biofuels is even more preposterous. They don't work and never will work.

 

MULTIPLY THE FED DEBT TEN (10) TIMES TO $200 TRILLION



Starting around 1980- less than 40 years ago- the national debt starting skyrocketing. After 2000 it went absolutely ballistic. The real national debt is over $200 trillion, not the $20 trillion you see here. You have to include the unfunded liabilities. It's actually headed for $430 quadrillion, not merely $43 quadrillion. Obviously we'll have a total, complete, unmitigated COLLAPSE very soon.

What can't go on, won't go on. We keep covering the national debt because we're drowning in debt. All debts get paid all the time every time. YOU, THE TAXPAYER, WILL PAY THIS DEBT. Not the Big Bankers, not the NWO crowd, not the government. You will pay it. This will be the Great Reset. What can you do? BUY SILVER BULLION. That's what you can do.

THE WORLD DEBT IS OVER $1.5 QUADRILLION

You'll read economic advisors tell  you the world debt is "$250 trillion dollars". Baloney! The U.S. Debt alone is over $200 trillion. We can only guess the world debt is over $1.5 quadrillion. How much is a "quadrillion". It is 1,000 trillion. That is not comprehensible.

 

ROME WENT FROM 1 MILLION CITIZENS TO ONLY 8,000

 

It is unfathomable that Rome had a million people 2,000 years ago when the total earth population was so tiny. That seems completely impossible to have a city of one million that far back. Well, after the collapse this went to a mere eight thousand. There is a big lesson here folks. America is finished after 242 years. You really have to deal with this fact. Yes, things look fine on the surface. Things looked just fine on the Titanic before it sank, too. No, we will never recover. America will never be great again. We will be a Third World, mixed race, totalitarian police state backwater. Every day we come closer to that. Our standard of living will be a miserable nightmare. The entire earth will be one big Prison Planet. No country will have a decent standard of living. Not one. Don't kid yourself. There is nowhere to flee to. Australia is a socialist cesspool, and New Zealand is now a communist cesspool. The nightmares of 1984 and Brave New World are coming true, only much worse. Huxley and Orwell unstated the matter.


ILLEGAL IMMIGRANTS WITH CHILDREN HAVE NO RIGHTS!

 

In America 2,700,000 children have a parent in prison. 400,000 more are in foster care. 765,000 children are separated from their military parents not knowing if they’ll see them again. But the media focuses on 2,000 who are temporarily separated from their criminal illegal felon immigrant parents. Anything to get your attention off the real issues. The parents and children should be deported immediately without question. If they return, they should be imprisoned. Criminals don't have rights and illegal aliens are felons.

 

DOES THE COT REPORT EVEN MEAN ANYTHING?

 

On the 20th the COT report was excellent. The Big Banks added 27,000 long gold contracts, and are now down to a reasonable 74,000 net. They dropped 13,000 silver shorts, and are down to 25,000 net. The silver open interest is a very bad 213,000. This is not good for us.

On the 27th the COT report was again very good. The Big Banks dropped 8,000 more gold shorts, and are now down to 64,000 net short contracts. They dropped 4,000 silver shorts, and are now down to 20,000 net short contracts. The silver open interest is up to 217,000. Remember the HUI is in an 18 month bear trend. Both gold and silver have no technical support, despite both being very oversold. Things do not look good this summer, but this summer will over  in about 6 more weeks. This Fall should be the Final Bottom after seven and a half years. Metals prices could fall to surprisingly low levels during the Final Washout by the Big Banks. Or not. Time will tell. Why would they do this? To dump their short positions at maximal prices, and then go net long at low prices. This is very  important to understand. Gold, silver, and the GDX are not making double bottoms at all. They will keep falling. Your poor old author is still short 20 silver futures contracts, and very much ahead. 99% of everyone has no idea in hell that gold and silver prices are being suppressed by massive COMEX futures positions. 1% do understand, but are written off as "conspiracy theorists". Silver is going lower, so you don't need to buy it today. It could easily fall to $13. We've never said that before. Put your money together to buy all you can this Fall. Fall is only six weeks from now. We've never said "wait" before. Well, it's going lower and you'll get a little better buy here.


IF YOU UNDERSTAND THIS CHART THEN YOU GET IT


Egon von Greyerz says if you understand this chart, you understand the situation. This chart equally applies to silver. In only 12 years the DJI fell 87% vs gold. The same is true of silver. This time it will be much worse, even though the ratio right now is much lower. The same situation is true with derivatives, bonds, stocks, real estate, and all currencies.

This chart shows how many ounces of gold the DJI will buy. The DJI at, say, 25,000 will buy 20.8 ounces of gold at $1,200. If the DJI falls to 5,000 (an 80% drop) and gold goes to $10,000 then it would only buy 0.5 ounces of gold. That would be a 42X change. Yes, you can expect something like this in the future. This ratio was 1 to 1 in 1980. Yes, both the DJI and gold were 850. You didn't know that, did you? The fact it is 20.8 to 1 now is simply insanity. THE GREAT RESET IS COMING. Try and imagine a Great Reset of  a FORTY-TWO TIMES reversal of wealth. Those who own gold and silver will be fantastically wealthy, while everyone else starves in the street. Gold and silver will skyrocket because they are the only real money on earth, and have been for 5,000 years of recorded history.

 

MORE PROOF THE  MUCH GREATER DEPRESSION IS NEAR

 

The top 1 percent of families took home an average of 26.3 times as much income as the bottom 99 percent in 2015, according to a new paper released by the Economic Policy Institute, a non-profit, nonpartisan think tank in Washington, D.C. This has increased since 2013, showing how income inequality has risen.

The last time America faced such disparity was just before the Great Depression. Back in 1928, the top 1 percent of all Americans brought home 23.9 percent of all income, and today we are sitting at about 22 percent.  

 

ONLY FIVE STOCKS MAKE UP HALF THE NASDAQ 100???

 

The FAAMG stocks now make up half the Nasdaq 100. This can only end up in total disaster. Facebook, Amazon, Apple, Microsoft, and Google. These used to be the FAANG stocks, but Netflix collapsed three weeks ago. You can't have 5% of the market propping up the other 95%. All five of these stocks are overpriced to death, in terminal bubble phase, and will collapse soon. The U.S. stock markets are the biggest bubbles the world has ever seen. Get your money out of stocks, your IRA, your 401k, and buy silver bullion you hold yourself.

BREAKING NEWS.......

7/26 NEWSFLASH!!! Facebook (FB) just collapsed badly, a 25% collapse of $120 billion. This was the largest single one day loss of wealth in the history of the world. Two down out of the famous FAANG stocks, and three to go. This proves the stock markets are really to crash. On the 27th Twitter (TWTR) collapsed 20%. Starbucks (SBUX) is going to crash. Tesla (TSLA) is overdue for a crash. Intel (INTC) is going to fall badly. More collapses are coming. The Nasdaq 100 is hopeless. The S&P 500 no better. The DJI has been in congestion for six months now, and is going to collapse.



ISIS STANDS FOR ISRAELI SECRET INTELLIGENCE SERVICE

 

Even Prime Minister Satanyahu refers to Mossad as the, "Israeli Secret Intelligence Service". Psychopaths are often "in your face" with the truth, and dare you to do something about it. Bragging openly about their evil is fun for them. The real Zionist president of  the United States is on the right. The blond one on the left is his sock puppet. Yes, America, Israel, U.K. and Sauni Arabia created ISIS. We support them, too.


WE KNOW WHAT IS COMING, BUT NOT WHEN IT IS COMING

 

Everyone who reads the Rant is very clear about what is ahead of us. We just don't know when! That's why we have to be prepared for what is coming. You can be ten years too early , but not ten seconds too late. We got into silver over 20 years ago when it was $5 an ounce. We know more war is ahead and eventually outright nuclear war. We know the stock market is a house of cards ready to collapse. We know the real estate bubble is about to crash, and maybe this year. We know the dollar is worthless, and all currencies are in a race to the bottom. We know the derivatives market is incomprehensible, far exceeds the entire world GNP, and will totally collapse. We know bonds are about to implode- the largest regulated market on earth. We know we're up to our eyeballs in debt that can only be paid by the worst depression the world has ever seen. We know gold and silver is the ONLY real money, and is headed for Pluto. That will probably start to­­­­­­­­­­­­­ happen this Fall.­­­­­­­­­­­­­­­­­­­­­­­­­­­ You can see tomorrow if you just take a good hard look at today. Great events cast their shadows before them. Only God knows WHEN these things will happen. We don't have to know when, and we can't know when. We can prepare today for what is coming.

 

RUSSIA DUMPS ALL U.S. TREASURY HOLDINGS

 

There are $6.2 trillion of foreign Treasury holdings around the world. Russia dumped every dollar of theirs. The top two countries are China and Japan, and they are dumping theirs. Somehow we have sold trillions of dollars of T-Bills and T-Bonds to fools. We depend on stupid countries to buy our debt. We print counterfeit "money" 24/7, but the interest they get is miniscule by comparison. Treasury paper is a losing proposition, and foreign governments are finally waking up to this. As they dump them, we will go broke. Russia has sold off all their T-Bills and T-Bonds.

 

ALL THE MASS SHOOTINGS HAVE BEEN ORCHESTRATED


AMERICA WILL SOON BE A BANANA REPUBLIC

 

This chart covers 15 years until 2013. See how our standard of living fell dramatically? Well, it is five years later, the S&P 500 is much higher, and our median net worth is much lower. In August 2018 the S&P 500 is in the 2,800 range, the personal income is $31,000 and the household median income $59,000. Our median net worth is only $97,000


WHO OWNS THE FEDERAL RESERVE?

 

Here are eight of the Zionist banks that own the Fed- which isn't federal and has no reserves. They print green toilet paper 24/7 out of thin air. This is the biggest economic con in the history of the world, and is now 105 years old. The dollar has lost 98% of it's value because of this scam.

­

1. Rothschild’s of London and Berlin
2. Lazard Brothers of Paris
3. Israel Moses Seaf of Italy
4. Kuhn, Loeb & Co. of Germany and New YorkH
5. Warburg & Company of Hamburg, Germany
6. Lehman Brothers of New York
7. Goldman, Sachs of New York
8. Rockefeller Brothers of New York

 

HOUSING  BUBBLE IS ALREADY BURSTING!

Months ago we told you the home building stocks were collapsing. Well, they have collapsed far more since you read that. As you are reading this, the housing bubble is bursting. Now. Today. Not tomorrow. Home sales are collapsing. Even the mainstream media is admitting this. Look at any of the home builder stocks and you will see they are hopeless. HOV, DHI, PHM, BZH, LEN, NVR, TOL, KBH, and all the others are falling like rocks.  We showed these stocks collapsing months ago in the Rant. People who are shorting these stocks are getting rich.

CANADIAN REAL ESTATE MARKET COLLAPSING

The Canadian real estate market dropped 12% in June. Annualized this would be 144% in one year. THIS IS A WARNING FOR US. In Sweden, Australia, and other countries the home prices are also collapsing. The Commiefornia bubble is bursting. The media home in Southern Commiefornia is an incredible $536,000. What can't last, won't last. U.S. new home sales fell 5.3% in June. Annualized that is 67% in one year.

 

DEMOCRATIC 2020 PRESIDENTIAL FRONT RUNNERS

 

Kosher Bernie brings outright communism to America

Joe Biden defines anal orifice

Sen. Chris Murphy (CT) communist posing as a mere Democrat

Pocahantas Warren- now we can have a real Indian for president

Gov. Jerry Brown (will be 84) who personally destroyed Commiefornia

Hillary- don't forget Hillary is trying her best here

Now, look at this pitiful list of psychopath communist losers, and tell yourself America isn't collapsing as you breathe.


TED BUTLER PREDICTS METALS EXPLOSION AHEAD

Reviewing gold and silver futures market trader positioning data, silver market analyst Ted Butler writes today that he suspects that J. P. Morgan has just double crossed other big commercial traders. The bank has substantially reduced its short position in the monetary metals. Morgan is now set to make a big score on an explosion in prices. This will be a dream come true for metals investors. Is Morgan acting in the monetary metals markets not for its own account, but for one or more governments and central banks? The bank is obviously a criminal organization. For six years Morgan has denied having any proprietary positions in the metals, and claims they only trade for clients. Here is the link:

https://www.youtube.com/watch? v=gc9Me4qFZYo


WHY ARE WE KILLING THE PEOPLE IN YEMEN?

 

MSNBC covered the whore Stormy Daniels 455 times in the last year but did not mention the slaughter in Yemen one time. We are funding Saudi Arabia to murder the people in Yemen with your tax money. The blood is on our hands folks, like it or not. Half your tax money goes to murder innocent people around the world. Yes, half your tax money goes to the military. This has almost nothing to do with "defense" at all, but rather imperialistic evil aggression of a failing empire. General Wesley Clark openly bragged years ago we would destroy Yemen just for the fun of it. Not one American in 1,000 can even tell you where Yemen is or anything about the country.

 

COMMIEFORNIA IS ABOUT TO COLLAPSE

 

The People's Republic has basically run out of water for 40 million people. Toilet to tap water is common, and growing by the day. Well, they are out of electricity as well. The have no coal or nuclear reactors. They are closing down the natural gas reactors! There is no water for hydroelectric energy. This leaves them with worthless solar, wind, and bio-fuel energy. The L.A. Times reported:

 

1. 40% of all workers in LA County (10.2 million people) are working for cash; and not paying taxes. This is because they are predominantly illegal immigrants, working without a green card.
2. 95% of warrants for murder in Los Angeles are for illegal aliens.
3. 75% of people on the most wanted list in Los Angeles are illegal aliens.
4. Over 2/3 of all births in Los Angeles County are to illegal alien Mexicans on Medi-Cal, whose births were paid for by taxpayers.
5. Nearly 35% of all inmates in California detention centers are Mexican nationals; they are here illegally.
6. Over 300,000 illegal aliens in Los Angeles County are living in garages.
7. The FBI reports half of all gang members in Los Angeles are illegal aliens from south of the border.
8. Nearly 60% of all occupants of HUD properties are illegal.
9. 21 radio stations in LA are Spanish- speaking.
10. In LA County, 5.1 million people speak English; 3.9 million, speak Spanish. (There are 10.2 million people, in LA County.
11. Less than 2% of illegal aliens are picking our crops, but 29% are on
welfare.

12) Over 70% of the United States  annual population growth, (and over 90% of California , Florida and New York ), results from immigration and immigration birth rates.


13) 29% of inmates in federal prisons are illegal aliens.

14) 77% of California prisoners are non-white while only 23% are white. If California was all white, three fourths of the prisons would close today. Three fourths of the police and attorneys would be out of a job. Three fourths of the courts would close.

 

MARX IS DOING BETTER TODAY THAN EVER



WHO DO YOU THINK OWNS THE ENTIRE MEDIA?

This chart of twelve giant media outlets proves beyond any doubt who owns them.


See you in two weeks. Prepare for what is coming. Be ready. Be prepared. Put every dollar you can into silver. Move out of cities and suburbs.








Copyright © 2008 Economic Rant. All Rights Reserved.