June 2019 Economic Rant

ATTACKING IRAN COULD START WORLD WAR III

We have sent a strike and bomber group to the shores of Iran for every evil reason. As usual, we are fighting a war for The Greater Expansion of Israel. American soldiers will die, as no Israeli forces ever fight these evil wars of aggression. Iran has been minding their own business for over 500 years now. We haven’t been minding our business for over 200 years. Watch Iran carefully. The media will report fake terrorist attacks to make the sheeple think they are the aggressor. Just watch the fake news on this. WE’RE SENDING 10,000 TROOPS TO THE MIDEAST TO ATTACK IRAN We’ve already sent 1,600 before you get this issue. Folks, we are the Evil Empire. and we’re trying to start World War III along with our “good friend and ally” Israel. This is right from Israel Today news:

“WHITE HOUSE INSIDER: War with Iran planned by Trump, to occur in the Fall of 2019.”
Tactical nukes and ground invasion planned for Iran, according to whistle-blower.”

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The richest Democratic senators include (in millions) Polis (123), Delaney (93), Warner (90) , Blumenthal (70), Feinstein (59), Peters (32) , Beyer (31) and DelBane (28). The republicans are even richer. Issa (283), Gianforte (136), Trott (119), McCaul (113), Buchanan (74), Rooney 55, Holllingsworth (5), Collins (44) and Block (38). My gosh, how do they do this on a salary of under $200,000 a year?

9/11 WAS AN INSIDE JOB, NO PLANE HIT THE PENTAGON

The Twin Towers were taken down by thermite explosives planted by America and Israel. Yes, we murdered our own people to pass the Patriot Act. Building 7 was not even hit, so how did it fall? No plane hit the Pentagon. This is how evil America is.

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TARIFFS ARE BAD FOR EVERYONE! TARIFFS BENEFIT NO ONE!

Trump has proven beyond any doubt he is not a free market capitalist at all. Tariffs never work for anyone. Tariffs have no benefits at all for anyone. Tariffs hurt everyone. Only free markets work. We not longer live in a free market capitalist country- we now have crooked crony capitalism. Tariffs hurt the economy. They benefit no one. Tariffs always end up in trade wars, and all the countries suffer. We have no “trade war” with China. Yes, we buy more from them than we sell to them. So what? That’s how free markets work…you buy, you sell. If China can make widgets cheaper than we can, we should buy Chinese widgets. It’s that simple. In a free market whoever can product the best product at the lowest price offers the best value. Real free market capitalism always works, and has never failed in 5,000 years of recorded history. Socialism is a recent 150 year old invention that has never worked, and never will work. Socialism is the bridge to communism. Never forget that. Look what socialism did to Venezuela in 10 years. (Thanks to Turning Point USA.)

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HOUSING BUBBLE 2 IS ALREADY BURSTING

Commiefornia, of course, leads the country in housing bubbles. San Francisco may well be the King of Housing Bubbles. This city is a perfect predictor of what’s to come. Here is a chart showing Housing Bubble 2 in SF is already bursting. Countries around the world are watching housing prices crash and burn. We are going to see the worst housing crash the world has ever seen! You will see the median home selling for $100,000 instead of today’s $230,000. Maybe a lot worse. Like in Europe, people are now living in APARTMENTS. Millions of apartments are being build all over America now. It’s all most people can afford now. The days of the middle class owning their own home is over. The American dream is dead. It’s becoming the American nightmare. This 17 year San Francisco chart shows the housing bubble of 2019 is much, much worse than 2008. As goes Commiefornia, so goes the nation. Never forget that. Their socialist cancer will take over the other 49 states. We’ll be the United Socialist States of America- the U.S.S.A.

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DOW JONES- THE WORST BUBBLE IN AMERICAN HISTORY

Dow Theory is signaling again. The DJI, DJT, and DJU are all in short term bear trends. The S&P500, Russell 2000, and Wilshire are also all in clear short term bear markets.

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MEXICO TO LEGALIZE ALL DRUGS

President Obrador of Mexico will legalize all drugs in the next 5 years. Under their National Development Plan, this will take place from 2019 to 2024. They realize the current drug laws are “unsustainable”, and Mexico has fallen into total chaos. Legalizing all drugs will put a complete and total end to all the cartels. No more gang wars, endless murders, lawlessness, or anarchy. Criminals will no longer run the country. Obrador gave Interior Minister Cordero the authority to proceed with this plan. Why hasn’t the media covered this? If you want to know more, just Google, “Mexican President to Legalize Drugs”. Ex-president Vincente Fox (2000 to 2006) has been promoting drug legalization for over 10 years now. We reported years ago that you can now legally buy opiates such as oxycodeine in the pharmacies without a prescription, but they are $15 each for a 10 mg tablet. It’s $10 on the black market here. Strangely enough George “New World Order” Soros is in favor of worldwide full drug legalization. Never forget that for 137 years all drugs were legal in America. You could walk into any drug store from 1776 to 1913 and buy anything you wanted for a nickel. Heroin, cocaine, opium, hashish, amphetamine, and other such drugs were sold freely.

Coca Cola® was the most popular not-so-soft drink in the country. The few (about 3%) people with a drug dependence problem were medical patients, not felons. Nixon’s War on drugs had nothing at all in any way to do with drugs. IT WAS ABOUT CONTROL. Drug use exploded after he declared his war in 1971. Incarceration rates also exploded and people were given insane drug sentences. Black people were locked up in extreme numbers for drugs. After that Magic Time of 1970 America then became the worst police state on earth. We have 5% of the world population, but 25% of the world prison inmates. We make Russia, China, Cuba, and North Korea look like Club Med in comparison. Legalizing drugs would empty the courts and the prisons.
Now, Oakland, CA is planning to decriminalize magic mushrooms. This trend is going to spread until all drugs are legalized for all adults. Just like before the Harrison Narcotic Act of 1913. When Our Boy George Soros (real name Georgie Schwartz) wants legal drugs worldwide, it’s gonna happen eventually. Why does the NWO want legal drugs, instead of countless millions of people in prison? Who knows.

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Jews are 1/5 of 1% of the world population- 1 in 500- yet they run the world. On the left is Representative Adam Schiff (D-CA), and on the right is Jerry Nadler, head of the House Judiciary Committee. How can 1/5th of 1% of the world run the other 99.8%? That’s a very good question. The own the entire media. They brag about running Hollywood. They have always owned the Federal Reserve for over 100 years. They own every single member of Congress. Trump is Satanyahu’s sock puppet. Our soldiers fight and die for the Greater Expansion of Israel- and you pay the bill!

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If the bottom isn’t clear, this is a fire breathing dragon forcing government control on the people. If socialism was beneficial it wouldn’t be mandated at gunpoint. Never once since socialism was invented 150 years ago has any country not enforced the socialist policies by military force.

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MAX KEISER IS A DISINFORMATION AGENT

Have you seen Max Keiser on the Russia Today TV show? Well, he’s telling you to buy Bitcoin rather than silver. Bitcoin is a mere computer entry with no value whatsoever in any way shape or form. It is now $8,000 and Max says it will go to $100,000!!! Wow, wouldn’t that be great? More than a 12 times return on your “money”. The sad thing is that stupid people listen to him and put their life savings into cyber currencies than silver or gold. Russia Today is owned and run by Jews. Have you seen pseudo-conservative Mark Levin? How about senile, brain damaged, ex-wrestler Jesse Ventura? Guess who owns Russia Today? Well, it’s not the Catholics.

SOCIALISM ALWAYS ENDS IN DISASTER

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The Bolivar was 150 per ounce of gold. Now it takes over THREE MILLION Bolivars to buy an ounce of gold. Same basic thing with silver. Subscribe to Egon VonGreyerz free newsletter at subscriptions@goldswiterzeland.com.

70 YEAR SILVER MINE SUPPLY CHART PROVES A DEFICIT

90% of silver is a byproduct of copper, zinc, lead, and other mining. Only about 10% comes from an actual silver mine. We are mining less and less silver every year. Demand goes up and supply goes down. PUT YOUR LIFE SAVINGS IN TO SILVER!!!

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SILVER IS $2.14 BELOW THE COST OF PRODUCTION

Worldwide is costs about $16.54 an ounce to mine silver. As this is sent out silver is about $14.40 and falling. This can’t go on, and it won’t go on. This Fall- only four more months away- should be the Final Bottom for gold and silver. The prices for the metals and miners may well keep going down in the short term.

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SILVER VS S&P 500 RATIO AT 14 YEAR LOW

For over 14 years now the silver to S&P 500 ratio has kept increasing. Silver keeps falling, and all the stock markets keep rising. That ratio is almost 200 to 1 now with the S&P 500 at 2,800. Silver is the most undervalued asset on earth. The stock markets are the most overvalued “assets” on earth. Put your life savings into silver.

METALS AND MINERS ARE SHORT TERM BEARISH

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Your poor old author went short silver yet again at $15.00 and got out¬¬¬¬¬¬ at $14.56. Gold, silver, and the miners are all about four month bearish. They are going lower. The COT report for the commercials on the 17th showed gold is up to an very high 137 net shorts and silver is only 16,000 net shorts. The open interest for silver is still 217,000. None of this is good for us. Look for lower prices for gold, silver, the HUI, XAU, SIL, GLD, etc. On the 24th the COT report was excellent. Gold is down to 108,000 net shorts and silver only 5,000 net shorts. We’ll report the 31st in the next issue. Or just Google “May 31, 2019 COT Report”.

CONSERVATIVES LOVE FREEDOM, LIBERALS HATE FREEDOM

If a conservative doesn’t like guns, he doesn’t buy one. If a liberal doesn’t like guns, he wants all guns outlawed.
If a conservative is a vegetarian, he doesn’t eat meat. If a liberal is a vegetarian, he wants all meat products banned for everyone.
If a conservative is down-and-out, he thinks about how to better his situation. A liberal depends on the government taking care of him.
If a conservative doesn’t like a radio or TV talk show host, he switches channels. Liberals demand that those they don’t like be shut down.
If a conservative is a non-believer, he doesn’t go to church. A liberal non-believer wants any mention of God and Jesus silenced.
If a conservative wants to vaccinate his children he does so. A liberal demands everyone else vaccinate their children.
If a conservative wants a healthcare plan, he finds the best deal he can. A liberal demands that the rest of us pay for his.
If a conservative loses his job he goes out and finds another one. A liberal runs down to
the government employment office to get a check every week.

STUPID SWISS TO GIVE UP THEIR GUNS

In a public referendum the Swiss just willingly gave up their guns! That’s how stupid these people are- willingly. The Swiss hate freedom, and love slavery. The Schengen Open Border Treaty of 1995 demands that all members give up their guns. This treaty did away with border checks between countries. For decades all men 18-34 joined the Swiss National Guard. They are down to 200,000 soldiers from 600,000. The population is over 8 million, and there WERE (as in used to be) over 3.4 million guns. Actually there WERE more as some people wisely did not register them. The guardsmen are all issued fully automatic rifles (not the mere semi-automatic we have.). These guns were kept at home with a stock of ammunition. You must understand the Swiss do NOT have a Second Amendment right to own guns at all. These are GOVERNMENT GUNS, and only meant for national defense. Pistols are also GOVERNMENT GUNS. Concealed carry permits are out of the question. They have stayed out of all wars for 100 years now. No country dared even think of invading or attacking them. Well, in 2007 their bullets were taken away and stored in the armories. That made their national defense next to useless. Now the guns will join the bullets. The Swiss are stupid people like all Europeans. They sold their gold long ago, their Franc is worthless, they gave up bank secrecy decades ago, and their standard of living is pitiful. The stories of the wealth in Zurich only affect the top 1%. The countries with the most guns per capita are America, Yemen, and Switzerland. Slaves and peasants don’t own guns; only free citizens own guns. Step by step by step the NWO is making sure there are no private guns on this earth. Only the police, military, and POLITICIANS will own guns. Gun haters like Diane Feinstein (D-CA) have concealed carry permits and walk around armed all the time. They can also afford to hire private security.

TRUMP LIED ABOUT EVERYTHING

*He promised to put Hillary in jail. After being elected he said the Clintons were, “good friends” and “good people”.
*He promised to drain the swamp in Washington. He just substituted new swamp monsters.
*He promised to reduce deficit spending. In fact, he has outspent every previous president.
*He said the numerous government mandated vaccinations of children should “stop now”
due to the severe side effects that have been documented. Now he tells parents, “they have to get their shots”.
*He promised to get us out of these “incessant foreign wars”. Instead, he had dropped more bombs in the Mideast than Obama- four times, or Bush- five times.. All for the Greater Expansion of Israel.
*He promised to build the Mexican border wall and make them pay for it. Any intelligent person knew this was ridiculous. He has also increased illegal immigration exponentially.
*He promised to release documents exposing the truth about 9/11. Israel would never allow him to do such a thing of course.
*He said he loved Julian Assange and said WikiLeaks was “amazing”. Now he says he “knows nothing about WikiLeaks” and “it’s not my thing”.
*He promised to be the “greatest Second Amendment President the country has ever seen”. In fact, he has sided with Demonrats passing anti-gun laws, banned bump stocks, and said “take the guns first and go thru due process second” with regard to the Red Flag Laws.
*He promised to make America great again. Actually he has done everything possible to make Israel great again. Everything he does is in the best interest of Holy Israel. His real boss is Bibi Satanyahu.

FRIENDSHIP WITH ALL AND ALLIANCES WITH NONE

“Peace, commerce and honest friendship with all nations; entangling alliances with none”- Thomas Jefferson

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DEAGEL PREDICTS NUCLEAR WAR WITHIN SIX YEARS

We printed this about two years ago. When Deagel talks, you should listen. They are a very serious private military intelligence agency. Their partners include the NSA, NATO, OECD, OSCE, Stratfor, and the Russian Defense Agency. These are obviously heavy hitters folks. They never once mention the term “nuclear war”, but what else could reduce our population 78%??? Our GDP 95%!!!! And our military budget 99%!!! Possibly bio-warfare with smallpox. The way things are going, it’s quite possible we’ll be decimated within the next six year. Don’t write this off. Go to www.deagel.com to see their website.

U.S. POPULATION WILL FALL TO 69 MILLION IN 2025

Year: 2013
Population: 316 million
Gross Domestic Product: $17 trillion
GDP per capita: $52,838
Military Budget: $726 billion

Forecast 2025
Population: 69 million
Gross Domestic Product: $921 billion
GDP per capita: $13,328
Military Budget: $8.0 billion

DRESSBARN TO CLOSE ALL 650 STORES

DressBarn was formed in 1962, over a half century ago. They had 750 stores in 43 states. Now they are going to close every one of them. This is what’s happening in America. Long term chains are collapsing daily. Family businesses are also shutting down. It’s all going to Hell in America. Every year we are closer and closer to a Third World multi-racial, totalitarian, poverty stricken, communist backwater. You know, like Brazil.

TESLA WILL SOON BE BANKRUPT

CNBC HAS TURNED AGAINST TESLA!!! A TSLA chart will show a drop from 350 to 200 in only six months. The high was 400 in 2017. Two years ago we promised you it would totally collapse. The only reason it still exists is that YOUR TAX MONEY helps pay for every car sold with a government subsidy. Why do you need to subsidize a good product? Answer: because it doesn’t work. Elon Musk is obviously deranged. He has been conning everyone for 16 years now. The market cap (total money invested) is over $36 billion. That’s right, suckers have poured over $36 billion into overpriced golf carts. Morgan Stanley says it is going to $10. This is a good stock to short at $200. If you have extra fun money, go ahead and short it.

LOOK WHAT PUTIN HAS DONE IN 15 YEARS

Vladmir has done wonders for Russia. They are getting stronger and better, while we are getting weaker and much worse.

*INFLATION DOWN 82%
*GDP UP OVER 11 TIMES
*GOLD RESERVES UP OVER 40 TIMES
*NATIONAL DEBT DOWN 90%
*PENSIONS UP 20 TIMES
*SALARIES UP 20 TIMES

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GEORGE ORWELL UNSTATED THE MATTER

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BAD SIGNS ARE EVERYWHERE

#1 Global exports are absolutely crashing, and have now fallen to the lowest level since 2009.
#2 U.S. auto dealers are dealing with a backlog of 4.2 million unsold vehicles.
#3 U.S. auto loan delinquencies have reached the highest level since the last recession.
#4 U.S. credit card delinquencies have hit the highest level in eight years.
#5 In April, U.S. manufacturing activity unexpectedly declined 0.5 percent.
#6 Thanks to Trump’s tariffs, the price of soybeans just dropped to the lowest level since 2008.
#7 Longtime major chain stores are closing down every week.
#8 Fred’s just announced that they will be closing 104 more stores.
#9 In April, U.S. retail sales declined for the second time in three months.
#10 According to the Atlanta Fed’s latest forecast, U.S. GDP growth is expected to fall to just 1.2 percent in the second quarter of 2019.
#11 The Baltic Dry Index of international shipping is at a historical low
#12 According to a new study just released by the Urban Institute, 40 percent of all Americans “sometimes struggle to afford housing, utilities, food or health care”.
#13 Overall, 59 percent of all Americans are currently living paycheck to paycheck according to a survey that was just conducted by Charles Schwab.
#14 True inflation is much high than the official government figure.
#15 The worst housing crash the world has ever seen will hit this year.
#16 In April, U.S. retail sales declined for the second time in three months.
#17 True unemployment is about 21%
#18 The stock markets are ready to collapse

ONLY GOLD AND SILVER ARE REAL MONEY- NOTHING ELSE

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That’s it for June. See you in two weeks. Prep and be ready. Be prepared. You can see the future if you just pay attention and look closely at today. Nothing good is ahead of us. Yes, it really is End Times. If you can’t see that, please keep looking closer.