Late August 2019 Economic Rant

“To disarm the people is the best way to enslave them”– George Mason

ALL CYBERCURRENCIES ARE WORTHLESS DIGITAL NOTHINGS

Peter Schiff is not one of us, but he’s very eloquent about cybercurrencies. He explained very clearly that Bitcoin and the other cybers are “pump and dump schemes”. They are fake gold/silver and have no real value. Fools gold is a good term for them. They are overhyped digital nothings. You hear a lot of crypto news promoting them, and all this is fake hype. Only fools buy them, and they will all pay the price when they return to their inherent value of nothing. You have psychopaths such as John McAfee (yes, McAfee Security) saying that Bitcoin is going to one million dollars by the end of 2020. $1 million in the next 17 months? It is currently about $7,000. 140 times your money in 17 months? That means any moron can be a millionaire. $1.4 million from $10,000 today? Just tell people how they can get rich overnight, and they will follow you through the gates of Hell. Tell them how to get rich without working and they’ll worship you. Facebook is going to offer the Libra cybercurrency. This will be massive folks. Wal-Mart (the largest business in the world) has already patented their cybercurrency. The flight to cybers defines psychosis.

Peter Schiff also wisely brought up that Trump will not be elected if the stock market crashes, we have a recession, or any other serious issue arises in the next 17 months. The Demoncrats will win by default. Right now that would mean Creepy Joe Biden for president. The stock market is the worst bubble in U.S. history. Dow Theory says the DJT is bearish, so this cannot be a strong, valid market.¬¬¬¬¬¬ The new historical high last month was a false breakout. A stock crash would ruin The Donald.

“You can almost predict (US) policy by that simple principle: Does it help rich people or does it help the general population? And from that you can virtually deduce what’s going to happen.” Noam Chomsky

Noam is a very unusual Jewish man. He openly criticizes Israel for their Zionistic imperialism and slaughter of Palestinians. On the other hand he is a committed liberal. Israel has banned him from ever entering their country. He is quite brilliant.

PAPER CURRENCIES ARE NO BETTER

All currencies throughout history have failed in the end. The U.S. currency has failed twice in the last 243 years. Ever heard the term, “ain’t worth a Continental”? This chart from Ego von Greyerz shows how ten of them have failed. The dollar has fallen 98% since the Federal Reserve was formed in 1913. Egon claims it fell 98% since 1971, when Nixon closed the gold and silver window on our money. While that is an exaggeration, it sure makes a valid point. Go to subscriptions@goldswitzerland. com to sign up for his free newsletter. THERE IS NOT ONE VALID CURRENCY TODAY FOR THE FIRST TIME IN 5,000 YEARS OF RECORDED HISTORY. Just more proof this is End Times and not just Bad Times. Every currency on earth is in a race to the bottom. Not one of them has any value at all. Not one of them is backed by anything but hot air and scotch tape. Our Constitution says the only real money is silver and gold. Please remember that the rest of your life. Everything else is paper. All paper will be worth paper in the end. The Great Reset is coming. Those with gold and silver will be the winners. Those with paper will starve in the street.

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MARK CUBAN IS A MORON

Mark Cuban is a Russian Jewish business man whose real name is Chabenisky. He owns AXS TV, and you’ve probably seen him on Shark Tank. He has obviously never read the U.S. Constitution, or has any desire to. This shows just how stupid he really is. He actually thinks paper currencies have value, while gold does not. He claims gold and Bitcoin are the same thing!!! Only a psychotic would say something like that.
“I hate gold. Gold is a religion,” Mark Cuban, owner of the Dallas Mavericks, told Kitco News in an exclusive interview at the Three Sharks In A Castle Symposium. “I do not see it as an alternative to currency.”
Cuban said that while there may be some fundamental value to gold, “everything else is a collectible,” he said, adding that gold and bitcoin are the “same thing.” He said the safest place to put your money is in a bank. He kind of forgot to mention 1) banks are going to implode and confiscate your money, and 2) the loss by inflation.

THINGS YOU DIDN’T KNOW ABOUT TESLA

The average overpriced Tesla golf cart weighs about 5,000 pounds. 5,000 pounds??? A Cadillac SRX only weighs about 4,000 pounds. The battery weighs 1,200 pounds, and costs on average $6,000 (up to $7,000) to replace. It needs replacement every five years. You simply cannot run heating or air conditioning because of the massive wattage requirements. The battery is an ecological nightmare to dispose of. It doesn’t work well in cold weather. The car inherently rattles, and that can’t be fixed. Customer service is terrible. There are almost no service centers to fix them. Insurance is thru the roof. Maintenance is thru the roof. Repairs are thru the roof. The charging electricity comes overwhelmingly from coal and nuclear power. They run on hydrocarbons and uranium. The idea of charging it with solar or wind power is scientifically ridiculous. The only reason any were sold was because you, the taxpayer, paid Elon Musk a rebate for each car. That’s right, a subsidy from the American public to make old Elon even richer. He is worth $22 billion, and YOU are paying for each car he sells. Someone please explain that. This is incomprehensible. Anyone who buys a Tesla defines fool. Look at this diesel charger charging an electric car. Does that define stupid?

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SOCIALISM IS THE BEST WAY

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THIS IS NOT A JOKE- MAXINE REALLY SAID THIS ON CNN:

“The next Supreme Court Justice should be an illegal immigrant.”

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Maxine Waters has an I.Q. of probably about 85 on a good day. Yet, she is a House Representative. She seriously wants an illegal alien to be the next Supreme Court judge. Americans freely elected her. The problem with America is Americans. She is undeniable proof of this. Every society gets exactly what they deserve. We have 535 agents of Satan in Congress, because Americans are brain dead, stupid, and clueless. When America collapses into a Third World, mixed race, totalitarian, poverty stricken, backwater police state we will really get what we deserve. You reap what you sow in life, and we all get what our hand calls for. America will totally collapse.

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“WE’RE SICK AND TIRED OF THE CONSTITUTION”???

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KEEP THOSE POOR NEGROES ON THE DEMOCRATIC PLANTATION

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THE EVERYTHING BUBBLE IS OVERDUE TO BURST

We have never had an Everything Bubble. Well, we do now. Stocks will collapse. Bonds will collapse. Real estate will collapse. The dollar will collapse. Unemployment will explode. Poverty will be the norm. Crime will be rampant.

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FAKE HEPATITIS A EPIDEMIC

The TV is blathering about a “hepatitis A epidemic”. The truth of the matter is only 5 out of 250,000 American are infected. That’s an epidemic? Who is at risk here? Who gets this virus? BUMS AND DRUG ADDICTS, that’s who. The normal person is never ever going to get hepatitis A. Of course, the doctors on TV are calling for a national vaccine program to “protect us” from this non-crisis. This Fall we will again get bombarded by the flu vaccine propaganda. The media also tells you to get whooping cought (pertussis) vaccine. Baloney. Less than 1 in 6,000 Americans get pertussis. That’s an “epidemic”? Do not get any vaccines! Never forget that Bill Gates said we can control the overpopulation problem, “if we do a really great job with new vaccines…” See him say this live:
Bill Gates on Population Control – YouTube

TARIFFS HURT EVERYONE- FREE TRADE IS FREEDOM

Trump actually told the sheeple the Chinese have now paid us, “billions of dollars in tariffs.” No, the Chinese didn’t pay- WE DID. The American citizens pay for tariffs.
We- the taxpayers- paid higher prices for every single item we imported from China. We paid again for every item sold to China. Everyone suffers when you have tariffs. Only the free market works. If the Chinese can make cheaper and better widgets than we can, we should buy their widgets. Their GNP is higher than ours only because they have three times the population. That means their have a mere ONE THIRD GNP PER CAPITA than we do.

LOOK AT THIS 32 YEAR CHART- STOCK CRASH COMING

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NOW LOOK AT THIS 119 YEAR CHART- SUPER DUPER CRASH!!!

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Just look at this 119 year chart. History repeats, and doesn’t just rhyme. This is an insane bubble, and Dow Theory verifies it. The DJT is not doing well at all. What can’t go on, won’t go on. The new high last month 0f 27,359 was a false breakout. On the 5th it collapsed over 600 points, then it collapsed 800 points on the 14th. Volatility like this is proof of a top, and coming collapse.

10 PLANKS OF THE MARXIST DEMOCRATIC MANIFESTO

1. Abolition of property in land and application of all rents of land to public purpose.
2. A heavy progressive or graduated income tax.
3. Abolition of all rights of inheritance.
4. Confiscation of the property of all emigrants and rebels.
5. Centralization of credit in the hands of the state, by means of a National Bank with state capital and an exclusive monopoly.
6. Centralization of the means of communication and transport in the hands of the state.
7. Extension of factories and instruments of production owned by the state.
9.Combination of agriculture with manufacturing industries; gradual abolition of distinction between town and country by a more equable distribution of the population
over the country.
10. Free education for all children in public schools. Free kindergarten and pre-school before first grade. State ownership of colleges and universities.

The Democrats have added free healthcare. free health care for illegals, free college, reparations for all black people, and canceling college debt. Marx would be proud.

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DEMOCRATIC DEBATES SHOWED THEIR TRUE FACES

Kamala Harris is an African Tamil Indian. She is obviously very upset about that. She hates being black so much she married a Jewish man, Douglas Emhoff, straightens her hair, bleaches her skin, and lives in a white neighborhood. She has no use for black people. She ain’t no damned nigger. ¬¬¬Representative Gabbard told the truth about her. Harris was Attorney General in California for years. She is a pothead, yet put over 1,500 people in jail for doing what she does. She kept secret important information from a man on death row that could have released him. Her records (which as public) were completely scrubbed and vaporized to prevent any further expose of her. She could well be our next president in 2020 or 2024.

COT REPORT JUST GETS WORSE

The COT report on the 2nd showed the commercials are net short 288 K gold futures and 84 K silver futures. These are bad numbers folks. The silver open interest is 238 K. That’s bad. How can anyone think prices are going up when we look at the facts? On the 9th the Big Banks are net short are up to 324 K gold futures, but down to 75 K silver futures. The rise in precious metals prices is only due to the tariff and trade war problems. Don’t think we have Blue Skies Ahead. Whenever markets skyrocket, they then collapse. This is not the Final Bottom yet. Too many factors point to lower prices in the months ahead.

FOUR MORE FAKE MASS SHOOTINGS

First we have the Gilroy Garlic Festival fake shooting. Don’t you find it strange that the coroner said the police were lying about shooting him? The coroner clearly found he shot himself rather than be arrested. Also three people who were at the Las Vegas fake shooting two years ago that were also at the Gilroy fake shooting. My gosh! What a coincidence. It’s like lightning hitting twice in the same place. Or someone making a hole in one twice on the same golf course. Of course it was an “assault” rifle. FOX 14 NEWS IN AMARILLO REPORTED THE MALL SHOOTING 23 MINUTES BEFORE IT HAPPENED. That’s right, they reported the mall shooting before it happened. The fake El Paso Mall fake shooting claimed 20 dead and 26 wounded. Of course it was an “assault” rifle. If you Google “fake Gilroy Festival shooting”, or “fake El Paso Mall Shooting” YOU’LL GET NOTHING. The Internet has been sanitized of truth. Then the Dayton Mall. After that the Chicago shooting. ALL THESE ARE ABOUT GUN CONTROL AND NOTHING ELSE. Now we are going to have Red Flag laws in every state. That means your guns will be confiscated without any real due process or appeal. The guns are going to go, so buy yours now.

REAGAN SAID GUNS PROTECT YOU FROM THE GOVERNMENT

“Guns insure the people are the equal of their government.” Isn’t it wonderful that the President said guns protect you from the government. Imagine what the media would do if Trump said that.

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CONSPIRACY THEORISTS ARE NOW DOMESTIC TERRORISTS!

This is from the liberal, left wing, progressive Huffington Post:

“The FBI intelligence bulletin from the bureau’s Phoenix field office, dated May 30, 2019, describes “conspiracy theory-driven domestic extremists,” as a growing threat, and notes that it is the first such report to do so. It lists a number of arrests, including some that haven’t been publicized, related to violent incidents motivated by fringe beliefs. The FBI intelligence bulletin from the bureau’s Phoenix field office, dated May 30, 2019, describes “conspiracy theory-driven domestic extremists,” as a growing threat, and notes that it is the first such report to do so. It lists a number of arrests, including some that haven’t been publicized, related to violent incidents motivated by fringe beliefs.”

The American government now considers anyone who doesn’t accept the government version of events to be DOMESTIC TERRORISTS. You are now the Enemy of the State if you have a different opinion from theirs. If you think all the mass shootings are CIA/ DHS/Hollywood fake productions, you belong in prison for your opinion. This means every one of you who reads this newsletter each month is now a domestic terrorist. When silver goes to $50 the Economic Rant is going to shut down and go away. Freedom of speech was the very first in the Bill of Rights. Now, we no longer have freedom of speech. We no longer have a Constitution of Bill of Rights. It’s over at 243 years.

SILVER IS THE MOST UNDERVALUED ASSET ON EARTH

That doesn’t mean it will take off this month, next month, or the month after that. The Big Banks are still steering the wheel. Put your entire net worth into silver. No, don’t buy it $17. Wait for the price to fall. Physical bullion you hold personally. No paper silver, no storage programs, and no unsafe deposit boxes.

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THE GREAT RESET IS COMING!!!

THE GREAT RESET IS COMING. The Everything Bubble is going to burst. Nearly everyone is invested in stocks, bonds, dollars, and real estate. That’s the formula for 99% of the sheeple. Well, all four are going to collapse. Stocks are going to collapse. Bonds- the biggest market in the world- are going to collapse. Real estate is going to collapse. And the dollar will collapse with them. People who hold gold and silver are going to be the richest on the planet. J.P. Morgan has the largest physical silver hoard on earth at 500 million ounces. The IMF, BIS, World Bank, and other international bankers also have huge hoards. Russia, Iran, and China also are amassing huge amounts of physical silver. This is in addition to the incomprehensible derivatives position. This dwarfs the entire GNP of this planet. Ironically, J.P. Morgan has $2.2 trillion in derivatives. When, not if, the derivatives implode, the entire world economy will collapse. Senile in Omaha Buffet called them, “weapons of economic destruction”. Speaking of old Senile…he now has more cash than ever. That’s right, he quietly sold massive amounts of his worthless stocks and has a RECORD $122 billion cash position. He’s largely out of the market, but he wants you to be in the market. He has never ever gone to cash that much. He obviously knows something the sheeple don’t know. Yet, he tells the sheeple to buy stocks and, “don’t bet against America”. He should take his own advice. You’re going to see the biggest stock collapse in U.S. history. This will make 1929 look like a mere correction.

COMMIEFORNIA IS OUR FUTURE

Folks, the shanty town photo below is not Venezuela or Brazil- it is Los Angeles. Yes, this is what America has come to for the first time in 243 years.

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AMERICA IS THE MOST DRUGGED NATION ON EARTH

1 in 8 Americans are on benzodiazapines or “benzos”. This includes valium, xanax, klonopin, and the infamous date rape drug Rohypnol. So, probably 1 in 8 people you know are under the toxic effects of a benzo. 1 in 3 American women over the age of 50 are on a psych drug antidepressant, antianxiety, or sleep medication. This is in addition to the billions (yes, billions) of various prescription drugs for other reasons. Opiates are the most popular prescription drug. This is also in addition to the people who take recreational drugs, especially marijuana. Patsy Ramsey killed her daughter JonBenet because she was addicted to valium, and was subject to rages as a side effect. Stevie Nicks suffered more from her klonopin addiction that her famous cocaine addiction. She said, “That drug ruined my life. Eight years of my life gone.” Read the Most Medicated Nation article in-our library.

JEFFREY EPSTEIN IS IN ISRAEL OR IS IN HELL

We will never know whether old Jeff was 1) murdered, 2) committed suicide, or 3) was quietly sent back to Israel. If you didn’t know, Israel has the “Law of Return” for Jews worldwide. Any Jew can commit any crime they want, fly to Israel, and can never ever be extradited. Isn’t that convenient? No other race does that. He could get major plastic surgery and disappear in Israel. The picture of his dead body in the hospital was preposterous. His head was four times the size it should have been. His records of the rich and powerful will be held by the courts, destroyed, and never seen again.

This is the hearse that took Epstein from the prison.

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This is what Hitler had to say in 1924- almost 100 years ago- about the Jews moving to Palestine in Mein Kampf:

“It doesn’t even enter their heads to build up a Jewish state in Palestine for the purpose of living there; all they want is a central organization for their international world swindle, endowed with its own sovereign rights and removed from the intervention of other states: a haven for convicted scoundrels and a university for budding crooks.”

DO NOT BUY AN ONLINE GUN SUPPRESSOR KIT

The correct term for gun “silencer” is suppressor. These are freely sold on eBay as legal 80% finished kits. DO NOT BUY ONE!!! No matter what you see in the movies, suppressors only work on .22 caliber guns. If you want a .22 suppressor, pay the BATF $200 and get a legal one. The kits you buy merely need the inserts drilled out to work. If you have an unlicensed suppressor you will go to federal prison for a very long time under the terrorist laws. DO NOT BUY ONE!!! Some of the companies are BATF fronts. Others have their customers names trapped by the police and post office. The mere possession of a suppressor will result in a very serious federal prison sentence- with no parole. Just pay the BATF $200 if you want a .22 suppressor. 2,000 years ago Jesus told us to obey Caesar as well as God. Follow his advice. Don’t think you’re going to “get away” with breaking the law. Obey Caesar whether you like it or not.

That’s it for late August. See you in September. Great events cast their shadows before them. The shadows get darker every day. Nothing good is ahead of us. Prepare, get ready for what is coming. Be prepared. Be ready. Do everything you reasonably can.