“A government big enough to give us everything we want is a government big enough to take from us everything we have.” … President Gerald Ford
THE HOUSING CRASH MOVES EAST
The housing crash is accelerating and moving eastward. It will speed up as it comes east. This is going to be much worse than the 2008 crash, and there will be no recovery. You will see the average home in America sell for $100,000 (in today’s dollars) before it is all over. Now the average price is about $230,000.
“The Jews are just a very aggressive and abrasive and obnoxious personality.”…. “They put the Jewish interest above America’s interest, and it’s about goddamn time that the Jew in America realizes he’s an American first and a Jew second.”
– Richard Nixon, Nixon Tapes, 1972-1973. Yes, the President of the United States said that almost 50 years ago.
FROM OUT OF THE MOUTHS OF CHILDREN…
Wanna have some fun? Google “soph videos”, and you will see something very unique. A 14 year old girl- going on 40- puts out funny conservative videos. She is extremely intelligent and articulate- and funny. Yes, she is one of us. You can really learn a lot, and have some good laughs from a 14 year old (going on 40) child. Be aware of the most colorful language she will use. Completely banned from youtube for telling the truth.
“Certain signs precede certain events.” – Cicero
WITHOUT AFRICA WE WOULD HAVE NO POPULATION PROBLEM
The world population is 7.6 billion and exploding. Ideally, we should only have a population of 0.5 billion- 500 million. This planet was never meant to be 15 times overpopulated. That’s right, we are FIFTEEN TIMES overpopulated. Who is doing this? Africa is the problem. The African countries basically constitute the top 40 countries by far in reproduction. Here are reproduction rates for the top 12:
Niger 6.49, Angola 6.16, Mali 6.01, Burundi 5.99, Somalia 5.80, Burkina Faso, 5.71, Uganda 5.71, Zambia 5.63, Malawi 5.49, Mozambique 5.08, Sudan 5.07, Nigeria 5.07.
The European Union only has a 1.61 rate. You need 2.20 to maintain your number.
“To live in falsities is to live in hell; to live authentically is to live in heaven.”
-Bhagwan Shree Rajneesh (Osho)
7.6 BILLION PEOPLE IS 7.1 BILLION TOO MANY
It was about 1800 when the world population totally exploded. After about 1700 the population started growing as it never had for 4700 years. What happened? Who knows? What can’t go on won’t go on. Nuclear war, military bioplagues, mass starvation, or something is going to put an end to this breeding insanity.
Aren’t we all born to die? -Charles Manson
DAFFY DUCK SAYS HE IS THE MASTER RACE
Menechem Daffy Duck Begin was Prime Minister of Israel from 1977 to 1983. He says he is the Master Race. All other races are mere animals to be enslaved. Folks, that is what Zionism is all about- Jewish Supremacy and the enslavement of 7.6 billion people. Jews are only 1/5 of 1% of the world population- 1 in 500.
“No free man shall ever be debarred the use of arms.” – Thomas Jefferson
RUSSIA TODAY IS JUST MORE DISINFORMATION
Russia Today is just as bad as Faux News, CNBC and the rest of the media. Here comes professional Jewish liar Max Keiser pretending to be a real patriot. He keeps pushing Bitcoin. He says Bitcoin is “hard money”, when it is a mere worthless computer entry. He was at the Bitcoin June 2019 Conference in San Francisco. Thousands of morons came from around the world for this nonsense. He goes on to say Bitcoin is BETTER THAN GOLD AND SILVER. Words fail here folks. Even Trump said, “I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.” Trump knows the U.S. dollar is a worthless fiat currency with zero gold backing. Obviously, he can’t say that, or this country will collapse! Intelligent, educated, libertarian, eloquent, articulate Doug Casey jumped on the Bitcoin bandwagon. He says Bitcoin is real money, even though it has ZERO intrinsic value. His investment newsletter looks good on the surface, until you find out you’ll never make any money listening to him. His recos are vague, and not clear sell or buy signals. Doug Casey is a charismatic shyster who sells overpriced gated community homes in Cafayate, Argentina to fools with too much money. The bottom line is all cyber currencies lack any kind of real value. They are merely digital computer entries with no value at all. You can read Doug Casey here:
Jesse Livermore said: “It was never my thinking that made the big money for me, it was my sitting.”
Jesse was a legendary investor. He would now tell us to buy silver and sit on it. Be patient. Be right and sit tight. Buy value and hold for the long term. Silver is the most undervalued asset on earth. That doesn’t mean it will go up next week or next month. After more than eight years of precious metals manipulation by the Big Banks, gold and silver should make their Final Bottom this Fall. We may well have a big final drop this summer before that happens. We only have two more months of summer. Most investment advisors are calling for the Big Breakout since gold closed over $1,400. Don’t fall for this. There are a lot of reasons metals prices should drop in the short term before Fall. Bad COT numbers. High open interest. Lack of investor interest. Stock market mania. The real economic problems covered up and unreported. The lemmings think “things are fine” for the most part. NOTHING IS FINE!!! We’re facing the greatest depression and economic collapse the world has ever seen.
OIL SHOULD BE $20 A BARREL
Right now crude oil is over $60 a barrel- triple the true free market price. The price is not determined by supply and demand as it should be. It is politically determined. This is a good reason never to buy or sell crude oil futures. If oil was $20 a barrel- as it should be- you would actually see gasoline under a dollar at the pump!!! Imagine regular gasoline for, say 90 cents a gallon. That’s what it would be without politics. Look at this 26 year chart to prove this. In 2015 crude oil was only $30 a barrel. As recently as 2001 it was only $19 a barrel. America has oceans of oil, more oceans of natural gas, and 1,000 years of known coal supplies. The idea of Peak Oil and an “energy crisis” is preposterous. The idea of using solar, wind, or biofuels is even more preposterous. There is no such thing as “fossil fuels”. The massive oceans of oil, gas, and coal under the earth are hydrocarbons. The idea they were formed by rotting plants is moronic. Without fossil fuels we would have to use uranium, or live in caves and freeze and starve to death. Hydrocarbons are our savior. We have 1,000 years of known coal reserves. We could have $2 a gallon gasoline, jet fuel, heating oil, and diesel fuel using the SASOL process. “Our” government won’t allow one single SASOL plant in America. We have massive oil and natural gas reserves. The idea of an energy crisis is preposterous.
WHY THE DEMOCRATS WANT YOUR GUNS
Noah Webster: “Before a standing army can rule, the people must be disarmed, as they are in every kingdom in Europe. The supreme power in America cannot enforce unjust laws by the sword, because the whole body of the people are armed and constitute a force superior to any band of regular troops that can be, on any pretense, raised in the United States.”
Did you notice in the Democrat debates that every one of the 24 communists wanted to take your guns. Did you notice every one of them called common, legal semi-automatic rifles fully automatic, military “assault weapons”. Folks, you need a gun dealer license plus a Class 3 BATF full auto license just to own an actual assault weapon. Only the police and military have fully automatic assault weapons. These were banned in 1934- 85 years ago- by the National Firearms Act. Please remember that….automatic assault weapons were banned 85 years ago. Liberals love Orwellian terms like this.
HAROLD ROSENTHAL WAS KILLED AFTER STATING THIS PUBLICLY
The Federal Reserve is not federal and has no reserves. They were formed in 1913 by twelve Zionist banks and still are. They print worthless currency out of thin air, and then charge money for counterfeiting it. This is by far the biggest economic con in the history of the world. The dollar has lost 98% of it’s value since the “Fed” was formed. To end the Fed would be meaningless, as they have already stolen all the gold and silver we once had. The U.S. dollar is smoke and mirrors backed by nothing. All the world currencies are in a race to the bottom.
STOCK MARKET MAKES NEW YEARLY HIGH
The DJI made a new yearly high. Does that mean it goes up from here to 30,000? Or is it a false breakout? WHO CARES? It doesn’t matter. Don’t be in this market. While the DJU is doing fine, the DJT is a disaster. Dow Theory says the DJI and DJT (and DJU) rise or fall together to make a true market. The failure of the DJT proves this isn’t happening.
Jim Rogers is not one of us, but he is a billionaire, and a very successful investor. He says this is all going to hell. He rarely makes such negative statements. You can bet CNBC isn’t going to invite him back with this kind of honesty. You can see his nine minute video on kito.com. Or Google “Investor Jim Rogers Sees Major Market Problems Brewing, Be Prepared Not Blindsided”. This is well worth watching.
Blum was (he died last year) was an honest, sincere Jewish historian. He blew the whistle on the government, and was a pariah. Yes, he was a liberal, and supported Ralph Nader. He told a lot of truth in his writings and speeches. Politics makes strange bedfellows. He knew a lot of secrets, and wasn’t afraid to tell them.
BONDS ARE THE BIGGEST LEGITIMATE MARKET IN THE WORLD
Total government bond market is around $50 trillion. This $50 trillion is dwarfed by the illegitimate derivates market of $1.2 quadtrillion. That is 20 times the entire world GNP. Out of that $50 trillion in bonds, $13 trillion carries negative interest. This means after waiting for years, you get less back than you gave them!!! It is totally incomprehensible that anyone can lend bankrupt governments money. It is even more incomprehensible they would do this with negative interest. Why would anyone in his right mind lend money to get less money back? Yes, this sounds impossible, but $13 trillion in bonds alone have negative interest. Let’s spell this out in English. Say you give your bank $1,000. Two years later you go back and they give you only $950 back. Right, you got it.
PAY SOMEONE TO LEND THEM YOUR MONEY???
GO TO JAIL FOR MAKING FUN OF CONGRESS???
This is Congresswoman Frederica Wilson, a Democrat from Florida. Like Maxine Waters, she has an I.Q. of about 80 on a good day. She seriously wants to prosecute anyone who makes fun of any member of Congress. Satire should result in a prison term. Democrats hate the Constitution and Bill of Rights. Marxism and Communism don’t have liberties and rights.
“Those people who are online, making fun of members of Congress, are a disgrace and there is no need for anyone to think; that is unacceptable. We’re going to shut them down and work with whoever it is to shut them down, and they should be prosecuted.”
“You can not intimidate members of Congress, threaten members of Congress. It is against the law in this United States of America.”
GEORGE CARLIN KNEW THE TRUTH BUT WAS AFRAID TO SAY IT
GOLD AND SILVER
The COT report on the 8th (delayed from the 5th) shows the Big Banks are net short 187,000 gold contracts and 52,000 net short silver contracts. The COT report on the 12th shows the Big Banks are net short 178,000 gold contracts and 45,000 net short silver contracts. The Open Interest (OI) is far too high on both metals. None of this is positive for us. Your poor old author is still short silver at $15.27. Expect lower prices this Summer.
DEUTSCHE BANK ALMOST BANKRUPT
In five years DB has fallen from $38 to $7, and is still falling. This was one of top 10 banks in the world with $1.8 trillion in assets. They just fired 18,000 people this month. Somehow it is still ranked 15th in the world, despite it’s 80%+ collapse and imminent bankruptcy. The banks are in trouble folks- and they are going to take YOUR money when they collapse. All banks are closely interconnected and intertwined now. When one big bank goes, they all go. They are going to take YOUR money. Keep a small checking account and no savings account. You have your warning with DB.
12 FACTS PROVE IT’S ALL GOING TO HELL
1) Factory orders are down
2) Services sector is down
3) The yield curve is inverted
4) Unemployment is over 20%
5) The IPO insanity parallels the dot.com collapse
6) The housing crash moves eastward from California
7) Carmageddon gets worse- cars, trucks, RVs and SUVs aren’t selling
8) Trucking is a disaster. This was covered in the last Rant.
9) Overall business conditions are very poor
10) The trade deficit continues to worsen
11) Student debt is headed towards $2 trillion
12) Credit card debt is at unheard of levels
GOLD AND SILVER ARE CHEAP ADJUSTED FOR INFLATION
Egon von Greyerz published these charts. They may seem a little optimistic, and probably are. The point is very clear though. Adjusted for inflation, gold and silver are historically very, very cheap at $1,400 and $15. The first chart goes back about 300 years. You just can’t argue with 300 years of history. The second chart goes back 85 years to 1934. (“FMQ” is money supply.)
DISNEYLAND IS ANOTHER ECONOMIC WARNING
Disneyland is a “warning”??? This world wonder was built in 1955- 64 years ago. Every year it is mobbed, especially in summer. Wait lines are usually about an hour for the best rides. Well, now it is Disney Ghost Town. In 64 years they had heavy crowds 12 months a year every year. No exceptions. Here is a photo of last month.
See you in August. Be prepared, be ready, make sure you have everything you need. If you live in a city or crowded suburbs move. Don’t say you, “can’t move”, just figure out a way. The ideal place to live is in temperate rural area where food can be grown. Rural areas are the most stable and law abiding and safe. Save your money so you can buy silver this Fall. Silver is the most undervalued asset on earth by far. The Big Banks are still steering the wheel however. All manipulations end and end badly for the manipulators.