Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
Redefining Political Economy, Globalization & Business Models Consequent on Corona Virus Pandemics - 9th Apr 20
Plus500 Rreview - 9th Apr 20
Gold Price Closely Tracks Debt-to-GDP Ratio - 9th Apr 20
Gold, Silver and Rigged Market Socialism - 9th Apr 20
Going to School in Lockdown Britain, Dobcroft Sheffield - 9th Apr 20
Amazon Face Masks to Protect Against Covid-19 Viral Particles N95, FPP2, PM2.5, for Kids and Adults - 9th Apr 20
Is Natural Gas Price Ready For An April Rally? - 8th Apr 20
Market Predictions And The Business Implications - 8th Apr 20
When Will UK Coronavirus Crisis Imrpove - Infections and Deaths Trend Trajectory Analysis - 8th Apr 20
BBC Newsnight Focuses on Tory Leadership Whilst Boris Johnson Fights for his Life! - 8th Apr 20
The Big Short Guides us to What is Next for the Stock Market - 8th Apr 20
USD Index Sheds Light on the Upcoming Gold Move - 8th Apr 20
The Post CoronaVirus New Normal - 8th Apr 20
US Coronavirus Trend Trajectory Forecast Current State - 7th Apr 20
Boris Johnson Fighting for his Life In Intensive Care - UK Coronavirus Crisis - 7th Apr 20
Precious Metals Are About To Reset Like In 2008 – Gold Bugs, Buckle Up! - 7th Apr 20
Crude Oil's 2020 Crash: See What Helped (Some) Traders Pivot Just in Time - 7th Apr 20
Was the Fed Just Nationalized? - 7th Apr 20
Gold & Silver Mines Closed as Physical Silver Becomes “Most Undervalued Asset” - 7th Apr 20
US Coronavirus Blacktop Politics - 7th Apr 20
Coronavirus is America's "Pearl Harbour" Moment, There Will be a Reckoning With China - 6th Apr 20
Coronavirus Crisis Exposes Consequences of Fed Policy: Americans Have No Savings - 6th Apr 20
The Stock Market Is Not a Magic Money Machine - 6th Apr 20
Gold Stocks Crash, V-Bounce! - 6th Apr 20
How Can Writing Business Essay Help You In Business Analytics Skills - 6th Apr 20
PAYPAL WARNING - Your Stimulus Funds Are at Risk of Being Frozen for 6 Months! - 5th Apr 20
Stocks Hanging By the Fingernails? - 5th Apr 20
US Federal Budget Deficits: To $30 Trillion and Beyond - 5th Apr 20
The Lucrative Profitability Of A Move To Negative Interest Rates - Pandemic Edition - 5th Apr 20
Visa Denials: How to avoid it and what to do if your Visa is denied? - 5th Apr 20 - Uday Tank
WARNING PAYPAL Making a Grab for US $1200 Stimulus Payments - 4th Apr 20
US COVID-19 Death Toll Higher Than China’s Now. Will Gold Rally? - 4th Apr 20
Concerned That Asia Could Blow A Hole In Future Economic Recovery - 4th Apr 20
Bracing for Europe’s Coronavirus Contractionand Debt Crisis - 4th Apr 20
Stocks: When Grass Looks Greener on the Other Side of the ... Pond - 3rd Apr 20
How the C-Factor Could Decimate 2020 Global Gold and Silver Production - 3rd Apr 20
US Between Scylla and Charybdis Covid-19 - 3rd Apr 20
Covid19 What's Your Risk of Death Analysis by Age, Gender, Comorbidities and BMI - 3rd Apr 20
US Coronavirus Infections & Deaths Trend Trajectory - How Bad Will it Get? - 2nd Apr 20
Silver Looks Bearish Short to Medium Term - 2nd Apr 20
Mickey Fulp: 'Never Let a Good Crisis Go to Waste' - 2nd Apr 20
Stock Market Selloff Structure Explained – Fibonacci On Deck - 2nd Apr 20
COVID-19 FINANCIAL LOCKDOWN: Can PAYPAL Be Trusted to Handle US $1200 Stimulus Payments? - 2nd Apr 20
Day in the Life of Coronavirus LOCKDOWN - Sheffield, UK - 2nd Apr 20
UK Coronavirus Infections and Deaths Trend Trajectory - Deviation Against Forecast - 1st Apr 20
Huge Unemployment Is Coming. Will It Push Gold Prices Up? - 1st Apr 20
Gold Powerful 2008 Lessons That Apply Today - 1st Apr 20
US Coronavirus Infections and Deaths Projections Trend Forecast - Video - 1st Apr 20
From Global Virus Acceleration to Global Debt Explosion - 1st Apr 20
UK Supermarkets Coronavirus Panic Buying Before Lock Down - Tesco Empty Shelves - 1st Apr 20
Gold From a Failed Breakout to a Failed Breakdown - 1st Apr 20
P FOR PANDEMIC - 1st Apr 20
The Past Stock Market Week Was More Important Than You May Understand - 31st Mar 20
Coronavirus - No, You Do Not Hear the Fat Lady Warming Up - 31st Mar 20
Life, Religions, Business, Globalization & Information Technology In The Post-Corona Pandemics Age - 31st Mar 20
Three Charts Every Stock Market Trader and Investor Must See - 31st Mar 20
Coronavirus Stocks Bear Market Trend Forecast - Video - 31st Mar 20
Coronavirus Dow Stocks Bear Market Into End April 2020 Trend Forecast - 31st Mar 20
Is it better to have a loan or credit card debt when applying for a mortgage? - 31st Mar 20

Market Oracle FREE Newsletter

Coronavirus-stocks-bear-market-2020-analysis

War, Debt, Default and Socialism - Just Another Day In America

Politics / US Politics May 04, 2016 - 02:00 PM GMT

By: Jeff_Berwick

Politics

I've accepted that there are evil forces in this world that will do what they can to destroy you and your family in order to build globalism. From the Brussels bombings to the Panama Papers to the ongoing Syrian massacres and turmoil in the Middle East and the refugee crises, it is all planned out.

People have a hard time with that insight. It's very difficult to live with the idea that the top controllers of Western society are actively trying to kill you or at least destroy the society you live in.


I'm not surprised for instance that  troops continue to build up in the Middle East and now there are reports that China will send its military to help Syria. We've predicted this escalation in previous articles. And we fully expect a situation that spirals into a kind of World War III.

Of course war is not the only kind of chaos psychopathic elites want to inflict. Economic jolts continue to rock the West and particularly the US. Just yesterday, US stocks plunged to a three-week low . Stock analysts had suggested that energy stocks along with commodity-oriented stocks would firm as the economy improved.  The idea is that the US is fighting its way out of a recession. But it’s not a recession. It’s a depression. And it’s lasted since 2008.

Europe and China both sold off again, and that’s no surprise given that Europe too, at least its southern flank, is gripped by depression and China’s economic collapse can no longer be staved off by easy money. Given Janet Yellen’s rhetoric about the coming “recovery” one might expect that the US would at least be fighting its way out of the worst of its budgetary woes. Instead, since the so-called budget deal – which was nothing more than a Republican surrender – the US has added another staggering $1 trillion in debt.

The deal signed by President Obama rearranged the debt ceiling until March 15, 2017. One might think that legislators would use that time to make adjustments but the only adjustment has been upwards. On Oct. 30, 2015, the total federal debt was $18,152,981,685,747.52. As of April 28, 2016, it was $19,186,207,744,589.55 - an increase of $1,033,226,058,842.03.

All this means is that the federal debt is out of control. Neither party can stop its inexorable growth nor wants to. While politicians don’t seem concerned by the impossible-to-control debt, those who are not directly involved with the process can see where it’s heading.  Filmmaker and American citizen Agustin Blazquez is a Cuban native who sees the same catastrophe looming in the US that afflicted his home country.

In an interview with the The Daily Caller News Foundation, he called the left “very clever” in the way it had taken control of US institutions in order to destroy them. He was especially incensed by Sen. Bernie Sanders’s popularity with the youth of America, calling it absurd. Meanwhile, Barack Obama’s trip to Cuba made him “want to throw up.”

There is a moral element to his anger, especially when it comes to the Congressional Black Caucus that is  “wined and dined by the political elites but are blind to their betrayal of blacks in Cuba.”

Ironically moral rhetoric has afflicted Puerto Rico as well,  which has just declared default – even as politicians have protested that they will not cut back on government services to honor outstanding payments to investors. The Government Development Bank failed to repay almost $400 million and while that doesn’t sound like so much, the danger here is a cascading default that could jeopardize the country’s solvency.

Of course Puerto Rico, like the US is basically insolvent anyhow. Or to put it another way, the insolvency that has afflicted Puerto Rico is going to visit the US as well, and also Europe, China, Japan, etc.  This is the REAL "debt jubilee" of 2016.  It's already happening. There is nothing to be done to stop the process. The faster the West enters bankruptcy, with or without world war, the sooner elites will be able to force a new more globalized system onto the world.

For individuals, one of the only ways out of the economic trap is gold and silver. This is one of the reasons we’ve been so emphatic about taking action to protect yourself utilizing precious metals.

While gold and silver offer the best solvency and safety you can have long-term. we also suggest that you make deliberate forays into other investments, especially in the junior mining sector which is starting to grow blazing hot. Junior miners made many millionaires in the late 1970s and it looks like they are beginning to do so again.

Over the past months, we've had an incredible string of profitable investments and trades.  We've noted many of them in our blogs, so you can see for yourself.

Many wonder how it is possible.  But, it's not actually that hard when you can see what is really going on. As I've explained before, Jubilee 2016 is providing us a pathway to profits even though its going to bring a lot of people a lot of pain. I'm sure we'll have some bad trades from time to time, but Jubilee 2016 provides us a road-map just the way Shemitah did in 2015.

Our latest pick, which just came out on Friday, is already up nearly 100%... but that's only the beginning in our view.  We're just putting together the next 50+ page issue of our TDV newsletter for subscribers. That's where we initiate most of our investment predictions. This issue has some tremendous market follows and includes a lot more info. on bitcoin and other cryptocurrencies, which we've championed.

If you want to get our take on  the markets and what positions to consider, please subscribe HERE. Subscribe now and you'll have access to our about-to-be-released issue as well as back issues and a slew of resources and contacts around the world.

I'll have more on bitcoin tomorrow... there's been quite a ruckus in the bitcoin world in the last few days and I'll give you my take on it, one that may surprise even long-term readers.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules