Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another good example of how the Fed is shady.
https://www.aier.org/article/the-fed-says-its-record-losses-dont-matter/
Was just now snooping around on the Insider's share website and we know that attached to the bottom (sort of hidden IMO) the PR the Company informs us that the former COO, Jeff Reinson was leaving the company.
https://firstmininggold.com/news/first-mining-confirms-new-area-of-mineralization-at-central-duparquet-and-announces-management-changes
James Maxwell and Steve Lines were promoted and given a nice package of stock and options, as we can see in the Insider's report. They got a bunch more today. I don't know what was going on with Reinson while he was with the Company, but it may be a better thing for shareholders in the longer haul that Maxwell and Lines are being rewarded and INCENTIVIZED by the company now. Both Maxwell and Lines are playing big roles with the company's future and are heavily invested now to do a good job going forward, because it improves their bank accounts when they do.
https://www.insidertracking.com/node/7?menu_tickersearch=FF*CA+%7C%7C+First+Mining+Gold
Anyone else see this on ZH today? Some very interesting discussion from a panel of so-called experts talking about the dollar, BRICS, CBDC, etc.
There are clips of the discussion in the ZH article and at the very bottom of the page I believe is the link for the entire thing. I thought Jim Rickards and the Every fellow were going to start throwing punches after talking about each other's Daddy. Rickards had to quick add his father was highly decoreated by FDR back in the day. LOL I think Jim got his feelings hurt.
Anyway, worth watching, I think.
https://www.zerohedge.com/economics/zerohedge-debate-recap-global-reserve-brics-cbdcs-and-more
Yes, they'll do their best to keep the appearance of a strong economy up until the election, IF THEY CAN.
All of the M2 being drained out of the System now is going to hit eventually, when that happens is anyone's guess.
We could have a Black Swan or two flying before the election, which wouldn't be good for the diaper-wearing Incumbent, that's only IF he's the nominee by then. I'm expecting him to bow out before the election. They're getting tired of having to change his diapers at the WH.
LOL
There is also the extra factor of the election. The banksters will be asked to do some window dressing to make things look better.
Well, that's the whole background of a history of the world hierarchy, isn't it?
First there was the chief of the tribe or clan, then there were Kings, then came Presidents, Prime Ministers, Politicians, and BANKERS. These were the people at the top of the food chain and the rest of us don't really have a say in the matter. That's not going to change in my lifetime unfortunately.
I believe at some point there will be a mass awakening among the People that fiat money is not worth working for because they won't be able to live off what they earn in fiat. That means inflation will be higher than what most people can live comfortably on. People won't be able to save any money.
because the cost of living will be TOO high. We're seeing that happening right now, but the Masses haven't figured it out yet and most importantly the crooked government is giving away money to those who can't earn enough.
IMO the SHTF moment comes when the government can't keep the house of cards propped up by paying everyone to be happy. In other words, the welfare state will collapse, the military complex collapses, the dollar hyperinflates, etc., so what happens then is anyone's guess. What will they do then? Who gets blamed for the huge cluster-fuck that's been going on for years and years?
That might be the moment we see them roll out the CBDC and claim to save everyone. Are people going to trust the CBDC? I doubt it, but those that want to continue feeding their face will have to succumb to it to SURVIVE. This is just a theory that I see as plausible.
If these Assholes had stayed on a gold standard IMO this would have never happened, but that means they also would have had to control spending and we know that's impossible for them to do, UNLESS forced to do so. That's exactly why we see this impending train-wreck coming.
I guarantee You the next CPI number next month will be below the projected number. We're in the time line now where the Banksters know they're going to HAVE TO begin dropping interest rates. If the economic numbers don't follow their narrative, they'll just start cooking the numbers to make it work for them.
I firmly believe that.
I don't entirely trust the Trumper, but he is by far the best option. The first thing he should do is bring Navarro back to negotiate with the Chinese. Apparently he is a great negotiator and frustrated the Chi-coms quite a bit because he has very detailed knowledge of past agreements the Chinese have made with the US. Plus he is pro-America like Trumper. Trumper was trying to line things up so our manufacturing sector could recover somewhat and there was some good progress made in that direction - which Diapers prompted wrecked his first few weeks in office.
Trump could get back into office and open the Keystone pipeline and the other pipeline in Michigan that China Joe shut down. Tens of thousands of good-paying jobs created and we could starting replenishing the national oil reserves. Does anyone think Trumper would not prioritize the recent huge discovery of rare earth minerals in Wyoming? No, he would prioritize its development as a national security issue.
I liked your breakdown of the election numbers from 2020 and 2024. I hope so many people are sick of China Joe that they overwhelm even the extra vote that the illegals provide. Some of the typical liberal folks are really coming out against China Joe and some are even openly promoting Trump. The sea change from 2020 is really noticeable where I am. I just hope they don't take him out. Just read tonight that Mayorkas personally declined Secret Service protection for RFK Jr. Also read that the House took another vote and just impeached Mayorkas. Mayorkas helped set up this invasion and actually visited the Darien Gap in Panama to facilitiate it (according to Michael Yon). Mayorkas should be prosecuted. The crime in my area has skyrocketed.....a combination of no prosecution, a law prohibiting bail unless the criminals are deemed a public safety threat, home confinement rules that allow people out of their homes 2 days per week and the same clowns being arrested for very serious crimes when they are already on home monitoring for previous very serious crimes. Total clown show. The Venezuelans are adding to the problem because there seems to a quite large number of them stealing things over and over again. This nonsense has to end soon or we risk falling into lawlessness much worse than what exists right now.
They NEED AS MANY ILLEGALS as possible inside America before November this year because they realize the moderates and even some left leaning willfully ignorant type libs and leftists are likely to vote for Trump in light of how extremely self-destructive and lawless things have become under this puppet administration.
They know if Trump gets in, he's going to invoke aggressive deportation measures like never before and the construction of the border wall will be more unanimously supported this time around compared to 2020 when the majority of the sheep still branded Trump a lunatic because he was the first internationally recognized figure to openly call the media Fake News.
They know this, they know if the election is left in the hands of an undiluted electorate, they will lose. So they are trying desperately to bus in, fly in, give gift cards, driver's licenses, free hotels, food, healthcare, ANYTHING AND EVERYTHING to a) invite and encourage more to come, b) buy the loyalty of the existing illegals.
Truth is, as much as I prefer Trump, I'm not even sure he's 100% uncompromised either. However, he's 77, VERY LUCID for his age, and here's the most important selling point for the Don that's always sold me: he is a billionaire in the twilight of his life. He gains NOTHING but unnecessary stress and a very real plausible danger to his life by doing this. He's not doing this for the money, not doing it for the graft and self-gain because he's already got billions. The only rational conclusion to be made is: he's doing it because he wants to make a real change.
I'm reminded of a scene from Gladiator when Marcus Aurelius is trying to convince Maximus to take the reigns as emperor and Maximus says:
Max: "I don't want it"
Aurelius: "And that is precisely why it must be you.."
Translation: The best leaders and politicians are the ones who genuinely want to serve their country and the people they represent with little to no interest in self-gain. And that's why I like Trump, and that's why they will try EVERYTHING from now till November to prevent him from getting in including assassination, invasion of barbarians via the border, etc etc etc.
THE GOVERNMENT IS LITERALLY GIVING THE ILLEGALS IN SOUTH AMERICA EN ROUTE TO THE BORDERS DIGITAL PDF MAPS OF THE BEST ROUTES AND WEAKPOINTS.
Theoretical example:
2020
50 mil consv. votes for Trump
48 mil liberal votes for Dementia
5 mil fraudulent votes for Dementia (illegal, fake ballots, digital vote swaps)
2024
62 mil consv. votes for Trump (12 mil libs/moderates who now switch sides to Trump)
36 mil liberal votes for Alzheimer's
27 mil fraudulent votes for Alzheimer's (thanks to newly added illegals)
It is not only the money that is absolutely maddening...it is the HUGE number of useless deaths caused by gutless fools like Lindsey Graham, McConnel, McCarthy, Schumer, Pelosi and all the others supporting this. People who would never send their own family into combat or put them in harm's way. Meanwhile, thousands upon thousands of honorable men and women were messed up in our sandbox adventures over the last 20 years and Mark Wahlberg has to do TV commercials trying to raise money for them because Uncle is not honoring their service and properly taking care of them. Instead, Uncle gives money to illegal aliens and current and retired civil service workers of Ukraine.
More and more folks are talking about disaster a few months away....not a few years. What do you think - will we make it into 2025 without a serious financial crisis?
Well said, but I think there are probably 20 to 30 million illegal aliens in the country now. There were over 10 million 20 years ago. Ah, I think I see now. Perhaps you meant the recent influx is 7 million? That number I think is correct. I have seen some of them interviewed on TV and they say they are going to vote for Diapers.....and corrupt folks in the major cities will allow it if the illegal aliens get a drivers license or state identification card - which is permitted in many states.
You are spot on with your commentary that they are blowing it up until they can't blow it up any longer and it implodes....but while it keeps going they are siphoning off as much as they can. Kind of like a mob operation or gang operation....run up as much credit as possible against the operation and then try and collect in some way when the whole thing implodes. So when the whole US thing implodes the corrupt pols will try to exploit it by collecting from.......us, the suckers who will be taxed in one way or another into the stratosphere! All the folks who put money into social security will get hosed. I don't really trust 99% of what they say, but I trust that they screw the ordinary person one way or another. The real "holding your ankles" moment will occur when they usher in CBDC to "save us" from the disaster they have engineered.
I really do hope FF can somehow benefit....but that is why we all hedge, right? Buying physical, having little or no debt, buying physical things one might need in times of crisis. That being said, you could be right.....that may not be enough. They could raise taxes and fees to levels no one could afford. They could force you into their mouse maze and restrict your ability to do almost everything (thinking Herr Schwab and his cronies here along with John Kerry and the other globalists). I still laugh when I hear John Kerry talking about carbon emissions. I would love to be in the press corp and completely jam him up with simple, truthful questions and then shut down his attempts at BS responses.
Just as I do with Implanting, I really appreciate your posts.
Diapers will blame the corporations for an increased CPI...not economic policy or money printing.
Thanks for the compliment but your posts are better and you are the driving force behind this board.
You are right as usual....we have way too much government throwing up too many roadblocks in various ways, being more and more intrusive into our personal lives, trying to punish those who do not believe the parroted narrative, etc.
They know it's a sinking ship and are trying to embezzle AS MUCH AS THEY CAN before the economy implodes and the scam ends.
I'm looking at you Lindsay Graham, Chuck Schumer, Mitch McConnell, and 99.9% of the rest of you leeching parasitic cancerous wastes of oxygen who constitute our so called government.
Near 7 million illegals inside, all future dem voters, wars everywhere, inflation and economy melting down, divided country, morally bankrupt culture, brainwashed and dumbed down populace, and worst of all with all this custodian "The Great Taking" measures in place, I don't even think those with no debt are safe.
I'm just hopeful like the rest of you that our shares rise enough and IN TIME for us to cash out and buy real tangible things BEFORE the "Great Taking" takes place and our shares are appropriated.
Honestly nothing short of an asteroid or apocalyptic event will make any real difference until the central bankers and those that support the idea of a central bank are gone.
Even if some horrible event happens and strides are made to restore sound money and gold backing and there is hypothetically a mass awakening of the root of the problem, so long as money creation is in the hands of private entities like the Federal Reserve and the Bank of England, nothing will change. They will just regroup, rebrand, maybe even temporarily bring back the gold standard to feign the mirage of things reverting back to the founding norms and ideals sort of like a wolf in sheep's clothing, and then slowly start corrupting everything all over again.
Well, the Senate thinks it's a great idea to just send another $96 billion over to Ukraine and Israel with no strings attached. No problem we'll make a few digit changes on the computer and presto, we'll make the money up. This is insanity, but no different than what we've been seeing.
https://mishtalk.com/economics/senate-votes-to-send-ukraine-and-israel-95-3-billion-in-free-money/
The CPI numbers came in hotter than expected today and that means that expectations of interest rates staying higher for longer may be in the cards.
The stock market along with PM's are taking a hit on the news. The Talking Heads on the biz news are becoming more concerned about the high rates staying high for too long. Maybe something is going to break?
I think today's market action is a precursor to what will happen in a down stock market. PM's will fall with the market. Until they don't anymore.
https://www.zerohedge.com/markets/cpi-prints-hotter-expected-january-food-utilities-jumped
IMO, not only is Peter Schiff a sound Austrian economist, the man's a Visionary. Schiff is wise enough to connect the dots and see where they're leading to. Peter's also, since I've been reading him, been a proponent of sound money. Fiat's not sound money and we know since the world got off the gold standard it's been downhill from there. Schiff has always liked PM's and the stability they bring to a monetary system, as do all Austrian economists.
Of course, what Schiff preaches is NOT what people want to hear. His message is one of austerity, control, and self-reliance. The total opposite of what's gone on since we got off the gold standard, that's out-of-control spending and massive debt. Now as we seem to be approaching a "light at the end of the tunnel" moment the Jamie Dimon's and Jerome Powell's are speaking up about the debt wall coming. They're talking about the problem, but how's it going to get fixed? I'm not hearing many solutions from them on that. Why? Because the solutions aren't politically correct. People are going to suffer and get less, not more. They want to blame the other Guy for the problems they made. What else is new.
Schiff has been the One that said this is what he sees coming. Pretty much a reset, reckoning, come to Jesus Moment. are just a few words that come to mind. He also sees massive inflation coming most likely BEFORE the SHTF moment arrives because the fiat money will continue on steroids.
As far as what happens to SS and Medicare, I HOPE they can be salvaged to some defree, but if they can keep them going, IMO it will be in a diminished capacity. People will have to learn to live with LESS of both.
Bezos had a no brainer with his move to Florida, my question is what took him so long? We're in the beginning currently to see the collapse of the economies of these overtaxed BLUE states and cities in those states. This migrant invasion has seen to that in a big way. The Feds can't continue to support them either, so we'll see the rampant crime and poverty in those places worsen. They made their bed, so they can lay in it.
Money always goes where it's treated the best.
Wow, your post was very eloquently delivered and covered a lot of ground. I won't touch on every subject you did, but will comment on the biggest problem and that's the out-of-control government.
The U.S. government is SO bloated it's about to explode IMO. If our founding Fathers could see how over-blown and dysfunctional this government has become they would croak again. My guesstimation for agency cuts across the board would be to start at 25% and go up from there. There's some of the agencies that just need to be done away with altogether.
We're in the shape we're in now because of WAY TOO MUCH GOVERNMENT. On top of the obvious corruption, we see now, we've also evolved into a welfare state. People have no savings because they depend on the government to support them. At home we have give-away programs out the wazoo and abroad we try to be the world's cop. That's not sustainable and the chickens are coming home to roost. This movie is not going to end nicely.
I agree with the other points you made, because not only is there a government problem, but there's a moral and ethical problem too. This country has gotten away from those big issues too. We need to go back to what made us great from the beginning. Sadly, we seem to be moving farther away.
Sound money is part of what helped us become great, we need to remember that also. Buy PM's for the impending shit storm that's coming.
It is interesting that now everyone is starting to sound like Peter Schiff. The difference is he has the economic acumen to lay it all out in exquisite detail. I have never heard any others go into detail in the way Schiff does. His in-depth analysis is unequaled. At times it is hard to listen to him because he addresses so many issues in such short periods of time. Plus, he can go on for hours discussing very detailed economic analysis. I am jealous - I wish I had his mental stamina. How he does not become exhausted is impressive.
I hope they are able to restructure social security and Medicare in a way that is fair. Will that happen? With our current crop of crooks in DC I doubt it. They'll figure out a way to fleece the remainder of the social security trust fund and give it to Blackrock, Vanguard, etc.
Did you see Bezos is moving from Seattle to Florida? Washington STATE instituted a 7% capital gains tax on the sale of stock above $250,000. This appears to be on top of the federal capital gains tax on the sale of stock. What a scam. While I don't care for Bezos, I certainly don't blame him for moving. You'll see more and more people moving to areas that are not as financially burdensome as New York, LA, Chicago, etc. This will put even more pressure on those cities to institute even more money-sucking taxes, regulations and rules that will further perpetuate the drain of talented and/or financially stable folks. Have you seen the property taxes in New Jersey, New York, Chicago, LA versus other big cities in states like Florida, Texas, Nevada, Tennessee, Wyoming, etc.? There is a big disparity, particularly when you factor in state income tax and other taxes.
https://www.cnbc.com/2024/02/12/jeff-bezos-move-to-miami-will-save-him-over-600-million-in-taxes.html
Good article. Can you imagine the impact interest rate normalization would have on housing, not to mention several other sectors? Even if it is horrible on a short-term basis it is probably the best approach because it shows responsibility and would ease some of the concern of major T-bill holders. It would also increase the payments received by the T-bill holders.
Let's face it - the government is bloated. I could easily see 10% across-the-board cuts at every agency. Instead of seeking to lower the number of federal employees, the government continually hires more folks. Some of them are real quality folks - like the higher-up at Dept of Energy who got caught stealing the luggage of women two or three times. We need to decrease the number of employees AND decrease their non-payroll budgets.
Dimon keeps saying it - and as you have noted he has said it several times lately - I just don't believe more people are not picking up on it. He is giving us a pretty clear warning of Danger Will Robinson! Danger! Some of the older folks here will remember that one. I don't buy the analogy made between the national debt and household debt.
Let's look at several things - they are moving forward with their attempt to compromise the US much like they have done in Europe by financing our invasion with people from less fortunate countries all at one time. Our own tax money is funding their transportation (via non-govnermental orgainzations), communications (cell phones) and petty cash (debit cards with a few thousand on each card). They will settle in and soak up whatever scant extra resources there are. The medical system - already broke - will go completely bust having to treat everyone. Food stamps, public housing, public school where there will have to be additional people hired to teach them in their own language - a huge amount of money. Meanwhile, we keep throwing money out the window on Ukraine paying the salaries and pensions of their government employees and continue to finance other countries who are pursuing a genocide strategy in dealing with a group of terrorists they themselves created. 10 or 15 million people in the US receive social security disability. Some legitimately need it, many others do not. More wasted money. Corporate welfare - more wasted money. The carbon scam - more wasted money. 100 million dollar fighter jets than can't fly in stormy weather - more wasted money. EV cars that don't work in cold weather and cause HUGE losses at car companies - more wasted money. Will taxpayers have to bail out GM again? I can go on and on. We need to trim all this stuff. Change the ethos of the country back to what it used to be. Get rid of the teachers in public schools who are too busy brainwashing kids and not busy enough teaching them reading, writing, arithmetic and patriotism. Stop coddling kids (and adults) with mental illness who identify as furries (animals). Stop doing absolutely silly things like putting kitty litter boxes in the bathrooms, tampon dispensers in the boys bathrooms, letting boys shower in the girls locker room, letting males compete in female sports - particularly in boxing, MMA, etc. where a real danger exists to the female competitor. Don't have books depicting sex acts in the library for kids in grades 1 to 4 to review. They can learn all about that in health class later on in their schooling. So much needs correction. Hopefully we can do it!
Yet another Jamie Dimon dire warning. Is that all he does now?
Some of the people in the article blow off what's coming. What else is new, but just like what we hear now about no recession coming, they can't see the forest for the trees. No one knows what Black Swans will be flying soon or how much money they'll have to spend to keep the House of Cards from falling.
The very last part of the article really says it all. When other countries quit buying up our bad debt, what happens then? The party's over and you better have an alternative to worthless U.S. dollars.
https://finance.yahoo.com/news/jamie-dimon-believes-u-debt-093000484.html
Beautiful summation, Seablue! What I find so interesting is how currently so many other Pundits are saying what Peter S. has been saying for years now.
People like Jamie Dimon, Jeff Gundlach, and even JEROME POWELL are squawking now about the unsustainable debt and insolvency of the U.S. if they continue down this path. Gundlach said in an interview I posted here a couple weeks ago that Social Security could run into problems in the next 4-5 years, NOT in the 10 years everyone had been calling for. There's no way the spending can stop and most likely the inflation we've seen to date is just the beginning of what's coming.
The bigger question is WHAT are they going to do to keep it solvent? Somebody better come up with something because IMO SS going under isn't an option. If SS and Medicare went down the old people would be in D.C. with their pitchforks out, ready to stick it to the politicians. Literally.
Peter Schiff has always been branded as a whacko, crazy man with outlandish predictions, funny that now the mainstream Idiots are sounding a lot like him. LOL
As usual Schiff puts on a great podcast. My favorite part was somewhere in the middle when he pointed out a lot of folks have died for our country so why can't politicians do the right thing for our country - even if it means losing their next election. So simple yet true.
He was very bullish on silver and also very bullish on gold....but how can he not be with the all things he discussed? Enjoyed when he talked about Powell talking about cutting QE and raising rates. He did a great job of summarized the deficit, debt and unfunded obligations/entitlements.
He is right.....the dates for insolvency of various programs like social security keep getting moved up. Social security bankruptcy is going to really irritate me because I have paid a lot of money into it and will probably get nothing in return (or payment in a very devalued dollar). But hey, don't worry, just send another 100 billion or 200 billion to other countries with no oversight. What could go wrong? Janet Yellen told us things are great. Mayorkas said he had no responsibility for the border crisis. China Joe does not know where he is at half the time. All of it is just absurd.
The good news about the Schiff podcast is it is confirmation that miners should outperform sooner rather than later. We just have to keep moving things forward while we wait.
Peter Schiff is 100% correct about this situation.
https://www.zerohedge.com/personal-finance/peter-schiff-we-are-brink-catastrophe
There's no doubt in my mind that silver will break those old $50/oz. highs in time. The bigger question will be how high into the triple digits will it move? That should depend in large part on how high the gold price moves. Silver will follow gold's move up.
I firmly believe Keith wants to diversify more into gold mining properties going forward. Gold maintains a much steadier price and gives a mining company a more consistent revenue stream. I believe that's why FM acquired Jerritt Canyon. The gold price doesn't fluctuate as much as the silver price does.
Of course with silver above $30 FM will make a killing and their margins would be fantastic. Imagine $50, $75, $100 silver, their profits go through the roof.
I too, find myself torn between how I want to continue to unload my dollars. Whether it be in riskier stocks or a surer thing with physical metals I'll most likely continue to add some of both. Treasury is at nice entry point now, but it could get cheaper along with the whole mining sector if we see a big market crash/correction.
I'll just stay patient and see how this plays out, I still believe some break in the status quo will come this year.
Good interview with Keith. First Majestic would be overflowing with funds if the silver price just went back to its old high. Too bad Keith didn't acquire Alexco before Hecla took them out. Alexco had some very promising silver deposits in western Canada.
I have had some unexpected bills to take care of recently so the only thing I have been buying has been very small amounts of physical silver. Once my budget gets stabilized in a month or two I will probably start buying FF again. If Agnico is low I will probably pick up that as well. I won't get that much. That being said, building up over time can be effective. I never thought we would have this much time to keep accumulating. I also go back and forth between wanting to buy precious metals, stocks and things I will need if there is any type of supply chain disruption.
Yes, it was great. That was one of the items I was talking about when I said informative. Funny how things change but stay the same. We are still faced with same class of crooks he was talking about back in the early days of the Fed.
The latest Keith interview from the Vancouver conference. He talks mostly about FM and the silver market, but does speak about possible M&A opportunities.
Says he likes gold and it's important to have gold in the mix as far as bringing price stability to the company's bottom-line. I was surprised to hear him say 50% of their revenue comes from GOLD. A silver miner that depends a lot on digging for gold too.
https://www.kitco.com/news/video/2024-02-05/silver-will-move-higher-on-rate-cut-then-blast-past-gold-first-majestic-silver-ceo-keith-neumeyer
This is old news now, but I had to post it for the great points being made in the article. Is there any wonder the rest of the world is wondering what's going on in this totally dysfunctional country and why faith has been lost in it's leadership and governance. IMO it's easy to see. A very sad state of affairs.
https://mishtalk.com/politics/special-council-concludes-president-biden-is-too-senile-to-stand-trial/
Did you read the excerpt I posted?
Great posts.....very interesting and informative. EOM
The first part of this interview is Charles Payne speaking to the Fed. IMO he makes some good observations about them.
Why? Because those PEOPLE are the Puppet-Masters. The Average Joe is oblivious to those facts or don't believe they're true and that's the way that small group of Elites want it. That's just the way it is. No need to lose sleep over it.
Money, power, greed....rinse and repeat. LOL
I dunno man, you can criticize Christians, bad mouth em even, you can critique Islam and Muslims, or Buddhists, but you don’t get dragged through the mud and destroyed. Why is it that THIS GROUP is untouchable and holier than thou and “they who must not be named” while everyone else is open game?
Because that group, at least a TINY SUBSET MINORITY of that group’s world population, owns the Fed, owns the Bank of England, owns the BIS, and beyond. They control the money and thus our governments and leaders and every other tentacle you can think of from Hollywood, media, and beyond.
The FED must be ended, upended, and destroyed along with every other central bank in existence.
Otherwise the human race will never be free
So, my guess would be that's why it's been banned. IF it specifically calls out a "tribe" or group, then it's going to be viewed as discriminatory and most likely banned.
Of course that works just fine for the Banksters doesn't it. Ban any book that might reveal the truth about them.
Because unlike Jekyll Island, in this book the author overtly and blatantly calls out the erhmm “the tribe name” of the people who own the Bank of England and the Federal Reserve and their many offspring, Bank of Intl. Settlements, and beyond vs Jekyll Island is more subtle and careful in its language.
I’m no anti-ssss..you know what.. but you can’t deny that 99% of the tiny elites that own the central banks, Hollywood, media, THE PLANET BASICALLY, are of that tribe. And truth is it’s all a coincidence in my opinion because 99% of the people around the world that belong to that tribe are normal every day people and good samaritans, it just so happens that a tiny SUBSET of that group who happens to share their religion OWNS THE WORLD. So it’s easy to indulge in anti-you know what rhetoric and paint with a broad brush, but that’s just not the way it is.
Not too surprising that the book would be banned because the Banksters DON'T want anyone talking down to their power or spreading the truth among the Masses. These People are unfortunately deemed all powerful to most of the business crowd because they control money (fiat).
We also know that governments around the world are compliant to what the central bankers do and how they operate behind the curtain. You can't tell me that these powerful Bankers aren't as influential as the highest ranking politicians around the world. We know they are because THEY CONTROL THE MONEY. Is that criminal? Certainly it is, but these people live for power and greed.
The historical part of your post was interesting and reminds me of the book "The Creature from Jekyll Island" that was written about how the Banksters created the Federal Reserve back in 1913.
https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212/ref=sr_1_4?adgrpid=1334807687110660&hvadid=83425552469564&hvbmt=be&hvdev=c&hvlocint=113495&hvlocphy=78049&hvnetw=o&hvqmt=e&hvtargid=kwd-83425838228446%3Aloc-190&hydadcr=24602_10487116&keywords=the+creature+from+jekyll+island&qid=1707514940&sr=8-4
Thanks for your post.
We're living under the yoke and betrayal of the traitor Senator Aldrich and his fellow congregates who connived and conspired with Rothschild agent Paul Warburg in 1913 while under the guise of false pretenses and convinced Woodrow Wilson to pass the Federal Reserve Act. And you weren't putting words in my mouth, that's exactly what I was trying to say so no worries.
Check out this excerpt from an infamous banned book on central banking:
In a newspaper article in the Financial Times written in 1930, Professor Karl Gustav Cassel of Stockholm University, Sweden remarked: “Practically absolute power over the welfare of the world has been placed in the hands of the Federal Reserve Board. And one is appalled to see the apparently haphazard manner in which the Board uses this power, how ignorant it is of the aim which ought to dictate American monetary policy.”
Finally in this section we may pause to reflect on a thunderous speech given on Friday, 10 June 1932 in the United States House of Representatives by the former chairman of the House Banking and Currency Committee (1920-1931) the Honorable Louis T. McFadden.
“Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks.
The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve Banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.
Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into the States to buy votes to control our legislation; and there are those who maintain international propaganda for the purpose of deceiving us and of wheedling us into the granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
Those 12 private credit monopolies were deceitfully and disloyally foisted upon this country by bankers who came here from Europe and who repaid us for our hospitality by undermining our American institutions. Those bankers took money out of this country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along, instigated the separate peace between Germany and Russia and thus drove a wedge between the allies in the World War. They financed Trotsky’s mass meetings of discontent and rebellion in New York. They paid Trotsky’s passage from New York to Russia, so that he might assist in the destruction of the Russian Empire. They fomented and instigated the Russian Revolution and they placed a large fund of American dollars at Trotsky’s disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors. They have since begun the breaking up of American homes and the dispersal of American children.
It has been said that President Wilson was deceived by the attentions of these bankers and by the philanthropic poses they assumed. It has been said that when he discovered the manner in which he had been misled by Colonel House, he turned against that busybody, that “holy monk”of the financial empire, and showed him the door. He had the grace to do that, and in my opinion he deserves great credit for it.
President Wilson died a victim of deception. When he came to the Presidency, he had certain qualities of mind and heart which entitled him to a high place in the councils of this nation; but there was one thing he was not and which he never aspired to be; he was not a banker. He said that he knew very little about banking. It was, therefore, on the advice of others that the iniquitous Federal Reserve Act, the death warrant of American liberty, became law in his administration.
Mr. Chairman, there should be no partisanship in matters concerning the banking and currency affairs of this country, and I do not speak with any.
In 1912 the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called the National Reserve Association Bill. This bill is usually spoken of as the Aldrich bill. Senator Aldrich did not write the Aldrich bill. He was the tool, but not the accomplice, of the European-born bankers who for nearly 20 years had been scheming to set up a central bank in this country and who in 1912 had spent and were continuing to spend vast sums of money to accomplish their purpose.
The Aldrich bill was condemned in the platform upon which Theodore Roosevelt was nominated in the year 1912, and in that same year, when Woodrow Wilson was nominated, the Democratic platform, as adopted at the Biltmore convention, expressly stated: “We are opposed to the Aldrich plan or a central bank.”This was plain language.The men who ruled the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reins of government.Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free country the worm-eaten monarchial institution of the “king’s bank” to control us from the top downward, and to shackle us from the cradle to the grave. The Federal Reserve Act destroyed our old and characteristic way of doing business; it discriminated against our 1- name commercial paper, the finest in the world; it set up the antiquated 2-name paper, which is the present curse of this country, and which has wrecked every country which has ever given it scope; it fastened down upon this country the very tyranny from which the framers of the Constitution sought to save us.
One of the greatest battles for the preservation of this Republic was fought out here in Jackson’s day, when the Second Bank of the United States, which was founded upon the same false principles as those which are exemplified in the Federal Reserve Act, was hurled out of existence. After the downfall of the Second Bank of the United States in 1837, the country was warned against the dangers that might ensue if the predatory interests, after being cast out, should come back in disguise and unite themselves to the Executive, and through him acquire control of the government. That is what the predatory interests did when they came back in the livery of hypocrisy and under false pretences obtained the passage of the Federal Reserve Act.
The danger that the country was warned against came upon us and is shown in the long train of horrors attendant upon the affairs of the traitorous and dishonest Federal Reserve Board and the Federal Reserve Banks. Look around you when you leave this chamber and you will see evidences of it on all sides. This is an era of economic misery and for the conditions that caused that misery, the Federal Reserve Board and the Federal Reserve Banks are fully liable. This is an era of financed crime and in the financing of crime, the Federal Reserve Board does not play the part of a disinterested spectator.
The people of the United States are being greatly wronged. If they are not, then I do not know what “wronging the people” means. They have been driven from their employments. They have been dispossessed of their homes.They have been evicted from their rented quarters.They have lost their children.They have been left to suffer and to die for the lack of shelter, food, clothing and medicine.
The wealth of the United States and the working capital of the United States has been taken away from them and has either been locked in the vaults of certain banks and great corporations or exported to foreign countries for the benefit of the foreign customers of those banks and corporations. So far as the people of the United States are concerned, the cupboard is bare. It is true that the warehouses and coal yards and grain elevators are full, but the warehouses and coal yards and grain elevators are padlocked and the great banks and corporations hold the keys.
The sack of the United States by the Federal Reserve Board and Federal Reserve Banks and their confederates is the greatest crime in history.
Mr. Chairman, a serious situation confronts the House of Representatives today. We are the trustees of the people and the rights of the people are being taken away from them.
Through the Federal Reserve Board and the Federal Reserve Banks, the people are losing the rights guaranteed to them by the Constitution. Their property has been taken from them without due process of law. Mr. Chairman, common decency requires us to examine the public accounts of the Government to see what crimes against the public welfare have been or are being committed.
What is needed here is a return to the Constitution of the United States. We need to have a complete divorce of Bank and State. The old struggle that was fought out here in Jackson’s day must be fought over again. The Independent United States Treasury should be re- established and the Government should keep its own money under lock and key in the building the people provided for that purpose. Asset currency, the device of the swindler, should be done away with.
The Government should buy gold and issue United States currency on it. The business of the independent bankers should be restored to them. The State banking systems should be freed from coercion. The Federal Reserve districts should be abolished and state boundaries should be respected. Bank reserves should be kept within the borders of the States whose people own them, and this reserve money of the people should be protected so that international bankers and acceptance bankers and discount dealers cannot draw it away from them. The exchanges should be closed while we are putting our financial affairs in order. The Federal Reserve Act and the Federal Reserve Banks, having violated their charters should be liquidated immediately.
Faithless Government officers who have violated their oaths of office should be impeached and brought to trial. Unless this is done by us, I predict that the American people, outraged, robbed, pillaged, insulted, and betrayed as they are in their own land, will rise in their wrath and send a President here who will sweep the money changers out of the temple.”
U.S. Congressman Louis Thomas McFadden served as Chairman of the United States House Committee on Banking (1920-1931). His persistent exposure of the US Federal Reserve Bank’s “gigantic train of crime” led to his assassination on 1 October 1936.
I don't want to put words in your mouth, but I think what you're trying to say it's because of "PRICE MANIPULATION".
People smarter than me think at some point in time the Powers That Be may release their artificial hold on the PM prices and let the prices move higher. They may not have a choice if and when people lose all faith in fiat money.
I hope I'm still around to see it happen.
Because COMEX paper futures gold.. my guess.. artificially creating supply that doesn't exist, dumping it putting downwards pressure.. helps maintain status quo and the mirage that all is well and that the "econ is great" narrative isn't b.s while simultaneously giving the Rothschild Central Banks a chance to keep buying at depressed levels.
How else with the world melting down and all the bellwethers would gold and silver be this low?
This is what I don't get. How is the gold price staying below the old highs with ALL THE CENTRAL BANK BUYING that still continues? One would think that alone would drive the price into the next level.
https://www.zerohedge.com/markets/world-gold-council-blistering-central-bank-buying-fuels-strong-gold-demand
Another really good article speaking to what's happening in China now. They have their problems just like the rest of the world and it would seem the population isn't very happy at the moment. So, what's Xi gonna do to fix it their problems?
Well, we know he can't let it get out of control or he may be taking a long vacation he doesn't return from. Like so many of the dissonant over there do. They disappear never to be heard from again. He doesn't want that outcome.
IMO he has to try and change the picutre for their economy and distract the people away from the bad economy. He has a fine line to walk. They're at least hoarding gold, so that's a good thing.
https://www.msn.com/en-us/news/world/the-west-hasn-t-grasped-the-scale-of-the-disaster-facing-china/ar-BB1hXxUx?ocid=msedgntp&pc=U531&cvid=50ebbb221a784513bdfe23a90ecc2277&ei=15
I'm not confident that our stock price has seen a bottom when the stock market is breaking new highs almost every day. Will the share price reverse and move higher in a bad market environment? I have my doubts that it would, IMO PM prices and PM miners will fall in a big RISK-OFF environment. It always has in the past.
How cheap can our shares get? Who knows, but I'm still holding out for a better entry point. JMO
I hope you are right about being at the bottom. EOM
The last part of the article you posted says it all. The damn government is subsidizing these car companies with our tax money to build EV cars that DON'T make money for the card maker. It says right in the article they lose $65K per car. What part of that business model makes any sense? Nothing, nada.
This is all just another big government scam. The Taxpayer has had to bail out these non-productive car companies a couple times already, if they keep losing money making EV's it'll have to be done again. That's the definition of INSANITY, but what else is new.
This is the result of government sticking it's nose into somewhere it shouldn't be, let the free market economy work! When the technology and cost get to a place that makes these vehicles feasible, then they'll be able to make money profitably. We're not there yet, that's obvious.
Siberia's probably warmer than S.L., they were showing all dead EV's up in Chicago a few weeks ago when that cold weather moved through. That showed a lot of people what a cluster-fuck the EV's can be in adverse weather. You're trying to get somewhere in -20 weather in a car that doesn't have or hold power.
Good luck with that. Hope you can catch a ride with a gas-burner.
To drop 10k on 110k shares now, or later
My intuition and instinct says there’s a crash comin, watching these bank shares plummet plus March coming up, my Jedi sense tells me to wait.
Playing catch the bottom or the top with stocks is dumb, but I also don’t wanna succumb to FOMO only to watch it plummet to 0.05 and then quadruple to 0.2 when the fed starts the printer. But something tells me we’re at a bottom here.
In other news, Tucker Carlson’s Putin interview debuts tomorrow at 6 eastern. Can’t wait.
Ford lost $4.7 billion on EVs? So did the CEO get a bonus or get fired?
https://dailycallernewsfoundation.org/2024/02/07/legacy-auto-manufacturer-lost-billions-on-evs-in-2023/
Since EVs perform so poorly in cold weather, I would strongly advise against FF using them unless the government provides some insanely good tax breaks. Even then it would probably not be worth it. Sioux Lookout is a lot colder than where I live. Has anyone heard or seen anything about how EVs are performing in the Ontario winter weather?
Well, here's the head Bullshitter in charge being interviewed on 60 minutes.
The Dipstick interviewing him throws him a bunch of softball questions that almost any banker could comment on.
Where were the questions about all the money printing that caused inflation and where M2 is now and going forward? Why in the hell can't the Fed tell the government they're spending more than the economy will allow for? Why? Because this Guy knows the spending has already gone past the point of no return and they can't fix the problems they've made for themselves. The only way to avoid default is more deficit spending and increased money printing.
Powell makes two points about the U.S. economy starting at about 11:15 into the interview. Both of those points are IMO about the way it USED TO BE in reference to the American economy. He's talking about the past, not what we have now or is coming.
The first point was about how magnificent the economy is we have here, That was the old American economy years ago, not the European, socialist-style, economy we have now. The second point he made was how since WWII we've been the world leader, and he seems to think the world still wants the U.S. to be the Top Dog. I don't believe that for one minute and I know he doesn't either. Hey, Jerome that's why the world is dumping the dollar as fast as they can.
The final hoot of the interview is this liar talking about integrity. Gimme a break. They wouldn't know integrity if it came up and bit them on the ass. This is IMO typical Fed propaganda and most people believe it unfortunately.
Great commentary from Dan LaCalle concerning how the numbers we see from the Banksters/government are skewed to look positive, but instead people are only able to buy less because of higher inflation and much higher DEBT. That's not going away.
Listen to his short video in this ZH article.
https://www.zerohedge.com/economics/fed-cannot-cut-rates-fast-markets-want
Followers
|
163
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
19441
|
Created
|
07/02/15
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |