March 2020 Economic Rant

“The greatest wealth is to live content with little” Plato

Folks, what Plato said 2,000 years ago is very true. Money will buy you freedom, but it will never buy you happiness. Most people simply can’t handle freedom though. Krishnamurti said, “The greater the outer show, the greater the inward poverty.” Would you be happy if you lived in a huge mansion with servants, cooks, gardeners, and chauffeurs? Would you really be happy with a large yacht? Would you really be happy with your own private jet? Your author seriously lives on $50,000 a year. That’s like two people who drive trucks for UPS making $18 an hour after taxes. If you don’t live a meaningful, re-warding, fulfilling life, you’re not living at all. If you don’t have good health nothing else matters.

“Three things cannot be long hidden: the sun, the moon, and the truth.” … Buddha

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“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises, Human Action [1949]

GOLD AND SILVER ARE THE ONLY REAL MONEY

“The Constitution of the United States unquestionably intended to secure to the people a circulating medium of gold and silver. Experience has proved the MISCHIEFS and DANGERS of a PAPER CURRENCY, and it rests with you to determine whether the proper remedy shall be applied.”
-President Andrew Jackson, Farewell Address, March 4, 1837

BUFFETT KNOWS CRYPTOS HAVE NO VALUE WHATSOEVER

“I don’t own any cryptocurrency. I never will… You can’t do anything with it except sell it to somebody else. Cryptocurrencies basically have no value.”

“It is dangerous to be right in matters on which the established authorities are wrong.” … Voltaire

MY OWN MOTHER AND GRANDMOTHER CUT MY CLITORIS OFF!

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Yes, poor Omar had her clitoris cut off by her mother and grandmother when she was a little girl. That’s the sick, depraved culture in Somalia. The trauma this causes is incomprehensible. Don’t blame the men here- the women are responsible. Now this poor demented woman has a powerful position in the U.S. Congress. She is merely a reflection of this country, like the rest of Congress and the rest of our government. The American people are evil, and the government merely reflects that evil.

EACH AMERICAN FAMILY HAS $109,000 IN PERSONAL DEBT

America’s 128 million households now carry record-setting debt of some $14 trillion; do the math and that works out to $109,000 per household. Median annual household income before taxes is $59,000; after taxes more like $40,000. Taxes alone take that down to like $40,000. Well, there is interest on that $109,000 debt as well. The more you look, the worse things are. We’re drowning in debt!!! That is a central point to understand- we are drowning in worldwide debt, national debt, state and city debt, and personal debt. All debts get paid all the time every time. This will end in a worldwide depression the likes of which you can’t imagine.

“The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inflicted by bad governments. The state can be and has often been in the course of history the main source of mischief and disaster.” ― Ludwig von Mises

100 YEAR CHART PROVES YOU CAN’T LOSE WITH SILVER

Only three times in the last 100 years has the silver to gold ratio gone to 90 or higher. Then it returns to the traditional, historical 16 to 1 ratio. You can’t lose here. Silver is 6 times better than gold. Silver is the most undervalued asset on earth. An entire century proves this. Silver is down to $17.

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SILVER PRICE VS OPEN INTEREST FOR 20 YEARS

Blue is open interest and red is silver price. You can see that the open interest has to come down or the price go up- or both. This 20 year chart shows they keep trading places and reversing. Look at 2011 when silver went to $49. That could easily happen the last half of this year. 2/28 saw silver collapsed badly this week.

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94 YEAR ADVANCE-DECLINE RATIO CHART IS PSYCHOTIC

The historical advance-decline ratio is about -25. It is now +150. For 75 years it averaged about -25. For the last 20 years it has gone ballistic up 175 points from -25 to 150. This ratio comes from the number of stocks that rose or fell from the previous day. What does this show us in simple English? These stock markets are far, far more overbought than any other time in history. You can see this is the Biggest Bubble we’ve ever, and it’s going to burst any day. No one knows when “any day” is however. This craziness could continue for months. It is NOT going to continue the rest of the year though. Thanks to GATA and Mark Lundeen. 2/28 you saw the market collapse this week.

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BERNIE IS A BUM

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“IT IS APPARENT FROM THE WHOLE CONTEXT OF THE CONSTITUTION, AS WELL AS THE HISTORY OF THE TIMES WHICH GAVE BIRTH TO IT, THAT IT WAS THE PURPOSE OF THE CONVENTION TO ESTABLISH A CURRENCY CONSISTING OF THE PRECIOUS METALS.”—President Jackson’s annual message, December 5, 1836

50 YEARS OF SILVER

You can see that silver has bumped up against a $20 barrier for four years now. In 2008 it could not break that, but in 2010 it broke thru that $20 barrier, and went to $49. Well, hope is for dopes and the last refuge of fools. Even prayer will not change the metals prices. Time will tell and tell us very shortly. Expect lower prices in the short term. Silver just made a triple top in six months and failed. This is a very bad omen. 2/28 it happened.

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YA GOTTA LOOK AT THIS 70 YEAR BUFFETT INDICATOR

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This particular Buffett Indicator is Corporate Equities divided by the GNP. You can use any market you want- DJI, DJT, DJU. S&P 500, Russell, Wilshire, NYSE, etc. They will all show you how totally and completely overvalued the stock markets are today. Look at the 2000 dot.com collapse at 161% to 66%. This one is now 145%. The low was in 1982 and 32%. The mean/median is clearly about 80%. Senile in Omaha was very intelligent when he was young. History proves his indicator works and works well. We have published his indicator before. Thanks to Advisor Perspectives for the very rare and hard to find chart. They are a first rate company. 2/28 what a horrific market crash this week.

THE TOTAL MARKET INDEX (TMI) BUFFETT INDICATOR IS 158%

The TMI is the ultimate Buffett Indicator. This is all the markets added together. The Total Market Index is at $ 34403.2 billion, which is about 158.3% of the last reported GDP. In 2000 for the dot.com bust this was only 148%. This is worse now at 158%. The median/mean is more like 90%. This 35 year chart (from Motley Fool) shows 148% just a few months ago. THIS IS WORSE THAN THE DOT.COM COLLAPSE. What can’t go on, won’t go on. Please take a hard look at this chart!

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LEARN THE DANGERS OF 5G (Fifth Generation) IN 7 MINUTES

www.ebaumsworld.com/videos/man-who-works-on-5g-towers-exposes-the-dangers-to-come/86205583/?utm_source

WOULD YOU RENT AN OLD 1956 TWO BED HOUSE FOR $63,000 A YEAR?

Folks, this modest old house was built in 1956, and sells for $1.5 million dollars in Culver City. Yes, the rent is $5,200 a month! More proof the entire state of Commiefornia has gone completely insane. As goes Commiefornia, so goes the nation. They will be our warning fortunately. Big events always have very clear warnings if you just pay attention. Watch this state carefully. Their real estate crash will start first and spread east.

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THE CORONA VIRUS IS AN ECONOMIC THREAT ONLY

Yes, this is a bioengineered virus and lasts 4-6 weeks. No, it is not deadly. It has peaked in China and is falling. We haven’t had a real epidemic since the Spanish Flu. You know, like Swine Flu, ZIKA virus, SARS and the other hoaxes. This should burn itself out in the next 60 to 90 days. Or not. The Spanish Flu in 1918 infected 500 million people, and killed 100 million of them- 5% of the world population at the time. That would be 380 million today! WWI killed a “mere” 9 million. Simon Black at Sovereign Man says it is merely a flu and no big deal. It’s merely a flu folks! There is only a small chance it is going to “go viral” and infect America. More media noise to get your attention off the real issues. This does show the incredible power of biowarfare though. Diseases can be engineered to take out entire countries, choose a specific race, choose men or women, and could infect the entire planet. When you look at the mortality within 7.6 billion people it is insignificant. It’s a flu, and you get over it. If this was a serious bioengineered virus, the kill rate would be horrific.

2/28 the government is causing an economic crisis without reason. This will be an ECONOMIC crisis, not a health crisis. PREPARE FOR THIS. You may well start seeing empty shelves in the stores. China supplies 21% of the world GNP. Stock up on food, pet food, gasoline, paper products, and all daily needs. Pray the water and electricity stay on. Start watching the stores for empty shelves.

46 YEAR GOLD OPEN INTEREST CHART IS NOT GOOD FOR US

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Open interest (OI) is the total number of futures contracts. The total for gold was 800,000 and is still 715,000. High OI is bad for us; low OI is good for us. This is extremely high obviously. Some people feel gold is going to take off since it has made a new six year high. This chart argues with that view, as do other factors. The commercials are now 386,000 net short gold, and 101,000 net short silver. This is another factor showing metals will not take off in the short term. 2/28 gold fell badly this week as you saw.

GOLD OI CHART SAYS GOLD IS GOING TO CRASH

This is only a 5 year chart, and it would be nice if it was a 20 year or more chart. It clearly shows every time the open interest rises too far from the price, gold always corrects. This was published last month, and is being done again. Many people feel metals and miners will take off since gold just made a 6 year high at $1,643. Well, the problem with that is gold is the Lone Ranger here. Silver didn’t. The HUI didn’t. The XAU didn’t. SIL didn’t. The GDX didn’t. Only gold. April will mark 9 years of Manipulation Misery. There are a lot of reasons to believe metals and miners will finally hit the Final Bottom in the last half of 2020. It makes sense to think the Big Banks will cause one last crash, dump their extreme short futures positions, go massively long futures, and buy bullion from the mines they have contracts with. Yes, they have contracts with mines to buy huge amounts directly. They aren’t fools. If they do One Final Crash, you won’t be able to buy silver. If people see, say, $12 silver for sale there will be no supply for all those who want cheap silver. You would be forced to buy SLV, SIL or silver futures- and they are all paper. All paper will be worth paper in the end. 2/28 gold fell badly.

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THIS CHART IS 90 YEARS OLD AND LOOKS LIKE TODAY’S

This chart from 1900 to 1944 shows very clearly what happened before and after the Great Depression of 1929. In only 7 years it went up 500%- and then collapsed. The recent collapse is scary.

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INCOMPREHENSIBLE P/E RATIOS PROVE STOCK MARKET BUBBLES

We’ve constantly exposed that Tesla doesn’t even have a P/E since is has lost money from day one. Hemorrhaged in fact. ATN International has a P/E of 6,030. Neogenomics is 3,291, Materialize has 1,960. Lasr Night has a P/E of 1,999. Can you comprehend that? FedEx is 781, Pan American Silver is 617. Lending Tree is 412. Ford Motors is 402. Del Taco is 196- they sell tacos! Toshiba is 189. Amazon has a trillion dollar market cap, with a 98 to 1 P/E. There has never been a situation like this in the history of the world. Do you know what a profit to earning ratio actually means? It means earnings per dollar of price. The normal regular historical natural ratio is 16:1. At a normal 16 to 1 it takes 16 years for you to break even. So, ATN International would take over 6,000 years to break even. The year would be 8,050. 2/28 well, the bubbles certainly did burst.

FED ADMITS DEBT IS WAY, WAY AHEAD OF GDP

The GDP is blue and debt is red. Since 1970 it has all gone to hell. For a half century our entire economy has been failing. It’s going to end soon and end very badly. Again, DEBT is the problem, we are drowning in debt along with the rest of the world.

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CREEPY JOE IS A PEDOPHILE

For many years Creepy Joe has made it clear he is a hardcore pedophile who is attracted to little girls. He just can’t keep his hands off underage female children. This poor little girl just wants to run away, while her stupid clueless mother just doesn’t get it. Her brother would like to hit Creepy Joe with a baseball bat. Yes, the pervert is actually kissing her!

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WHY YOU SHOULD READ PHIL GIRALDI

“And then there is the problem of Congress itself, which is precisely the institution that has been most corrupted by Israel and Jewish money. Almost thirty years ago, American politician Pat Buchanan described Congress as “Israeli occupied territory.” As a result, he was viciously attacked by the mainstream media and the political leadership of both parties, demonstrating beyond all doubt that he was correct in his observation. Today the Israel Lobby in the United States is far more powerful than it was in 1990, so much so that Israeli Prime Minister Benjamin Netanyahu actually boasts to his voters that he directs U.S. policy. Phil has a 501c3 foundation Council for the National Interest. (Do not confuse him with Nixon’s Center for the National Interest.)
www.centerforthenationalinterest.org

HALF THE DEMONRAT CANDIDATES ARE JEWISH! REALLY?

There are only about 2% (1 in 50) Jews in American, about 5.7 million out of 327 million. How is it there are three Jewish Democratic candidates? Little Mike, Boshevik Bernie, and Klobuchar. Do you know what the mathematical chances of that are? The number 50 to the third power- 1 in 125,000. That’s right, one in one hundred and twenty-five thousand. Don’t you find that rather impossible? For the other three, we have a senile communist, an American Indian communist, and a homosexual communist. Is this a great country or what? Over 50% of American voters will vote for the winner in November.

THERE’S ONLY ONE REPUBLICRAT PARTY IN AMERICA

The “Republicans versus the Democrats” dog and pony show is a total lie. They are all just one Big Party of Tweedle Dum and Tweedle Dee. All on the same page, all doing the same thing, all screwing the American citizens. Let’s pretend to have a battle.

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BIDEN SAYS HIS SON BEAU WAS “U.S. Attorney General”

“My son- my deceased son Beau- was the Attorney General of the United States. And before that, he was a federal prosecutor in one of the largest office’s in the country in Philadelphia.” Actually Eric Holder and Loretta Lynch were Attorney Generals of the U.S during the Obama administration. More proof he has Alzheimer’s. He later said, “I’m Joe Biden, and I’m running for the U.S. Senate”. Later he said he was arrested in South Africa for trying to visit his hero Nelson Mandela in prison! The Washington Post laughed at that one. In SC he said, “150 million people have been killed in America since 2007 when gun manufacturers were found not legally responsible for gun deaths.” That is half the nation. Every week he embarrasses himself with gaffes like this. He’s toast. It’s obvious he’s senile and totally unfit to work at a fast food chain.

40 YEAR LOW FOR 10 YEAR T-BONDS AND TRIPLE BOTTOM!
You might think they can “only go to zero”. Well, 19 countries now have negative interest rates. Bonds could actually go to negative yields. Right, that makes no sense at all. It is currently at 1.32%. THAT’S THE SAME AS NOTHING. Real inflation is much higher than 1.32%. You’re already losing badly. Why on God’s earth would anyone invest in a losing bond like this? Go figure.

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THE TOP 10% OWN MOST ALL THE STOCKS

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NO ONE WENT TO THE MOON

We’re told 24 astronauts circled the moon, 12 walked on the moon, and 6 drove a moon buggy. Also, we left 3 moon buggies on the moon. Preposterous, ridiculous, asinine, non-sense. No one ever went to the moon for a lot of reasons. The extreme heat and the extreme radiation alone make it absolutely impossible. You can’t travel 250,000 miles each way with fuel, water, food, and oxygen. A half million miles round trip. A little child would laugh at that foolishness. Yet, 95% of Americans drank the KoolAid on this. You don’t have to be a scientist to see it. If you Google “Moon Landing Hoax” you will get nothing but government propaganda. The Internet was sanitized in 2019.

Go to www.forbiddenknowledgetv.net. Watch the 9 minute funny video The Greatest Lie Ever Told. “NASA admits we never went to the moon.” You will hear NASA astronauts openly admit we never went to the moon!!! The Van Allen belts alone would irradiate anything outside of the exosphere. The heat in the thermosphere and exosphere goes to 3,600 degrees F. Stainless steel melts at 2,750 F. Nickel alloy melts at 2,647 F. Aluminum allow at less than 700 F. This is what the moon rocket was made of. Now ask yourself why no country has repeated this in over 50 years? BECAUSE IT NEVER HAPPENED. It cannot ever happen. Movie producer Stanley Kubrick admitted before he died in 1999 that he directed many of the fake scenes in the desert:

“I perpetrated a huge fraud on the American public, which I am now about to detail, involving the United States government and NASA, that the moon landings were faked, that the moon landings ALL were faked , and that I was the person who filmed it.”

William Kaysling in 1976 wrote a book, We Never Went to the Moon. Elon Musk is selling tickets to the Moon thru Space-X, and suckers are buying them! The world has gone mad folks.

LET THIS SINK IN….

Although the U.S. constitutes only 5% of the world’s population, America boasts almost 50% of the world’s total military expenditure, spending more on the military than the next 19 biggest spending nations combined.

WHY YOU SHOULD READ CHUCK BALDWIN

Chuck sends out a free weekly newsletter and tells the truth. Send him money if you can. www.chuckbaldwinlive.com. Here is what he said this week:

I’m convinced that if Donald Trump declared martial law, suspended the Constitution and declared himself Caesar, most evangelicals would shout, “Praise the Lord!” If he sent the U.S. military to round up his critics and incarcerate them for life—or even murder them—most evangelicals would shout, “Hallelujah!” Short of arming Iran and leading them in an attack against Israel, I am convinced there is nothing Donald Trump could do to lose their support. Absolutely nothing! Trump’s support for the life of unborn babies is all talk. His support for the Second Amendment is all talk. His support for religious liberty is all talk. And still evangelicals support him.

See you in two weeks. Always standing watch for you,

Roger

LAST MINUTE NEWS FLASH!!! BLOOMBERG-HILLARY WIN ELECTION!!!
MIKE COMMITS SUICIDE AFTER WINNING!!!

Michael Bloomberg committed suicide right after the election by shooting himself in the head four times with a .38 special! Hillary was immediately declared president.

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