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| Antal E. Fekete - Gold University |
The Supply of Oxen at the IMF |
.Wednesday, October 7, 2020 |
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| James Howard Kunstler |
Swamp Thang |
Chuck and Nancy coming onto the TV audience as “Mommy and Daddy” Tuesday night was a nice gag, putting the “nanny” into the Nanny State, which is getting more and more like the Tranny State — the Deep State in drag. Will the supply of “undocumented” nannies be cut off to the Creative Classniks of Brooklyn and Pacific Heights? That is the question. Not this silly-ass debate over The Wall. Who is going to watch the kids while we’re Friday, January 11, 2019 |
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| James Howard Kunstler |
And Now the Schiff Memo |
The excruciating quandary President Trump presents to the nation is dragging the sad remnant of the thinking class ever-deeper into a netherworld of desperation, paranoia, and mendacity that may exceed even their own official fantasies about the enemy in the White House.
Everything about the lumbering, blundering occupant of 1600 Pennsylvania Avenue drives his Dem/Prog opponents — or #Resistance, if you will — plumb batshit: his previous incarnations as a shady NYC real estate schmeikler, as a TMonday, February 26, 2018 |
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| Chris Powell - GATA |
Sprott comments on doubletalking U.S. dollar policy, teetering bond market |
Sprott Asset Management's Eric Sprott and Craig Hemke of the TF Metals Report, commenting in the weekly review for Sprott Money News, today discussed the "clown show" of the Trump administration's doubletalking policy toward the U.S. dollar. They wondered if the bond market is setting up for a crash, and agreed that the U.S. economy is weak, not strong. The interview is 15 minutes long and can be heard at Sprott Money here:
https://www.sprottmoney.com/Blog/how-many-years-in-a-row-can-you-take-thSaturday, January 27, 2018 |
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| James Howard Kunstler |
Happy Landings |
The blow-off orgy in the stock markets is supposedly America’s consolation prize for what many regard as the electoral bad acid trip of the Trump presidency. Sorry to tell you, it’s just another hallucination, something you’re going to have to come down from. Happy landings!
While the markets have roared parabolically up, in Technicolor, with sugar-on-top, that ole rascal, Reality, is working some hoodoo in the other rings of this psychedelic circus: namely the dollar and the bond market. The idFriday, January 26, 2018 |
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| Chris Martenson |
You're Just Not Prepared For What’s Coming |
I hate to break it to you, but chances are you're just not prepared for what’s coming. Not even close.
Don't take it personally. I'm simply playing the odds.
After spending more than a decade warning people all over the world about the futility of pursuing infinite exponential economic growth on a finite planet, I can tell you this: very few are even aware of the nature of our predicament.
An even smaller subset is either physically or financially ready for the sort of future barreling down on Monday, December 4, 2017 |
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| James Howard Kunstler |
Another One Bites the Dust |
If only abortion were retroactive, we could suitably deal with monsters like Senator Al Franken (D – MN), who apparently ventured to apply a breast adjustment to a female colleague asleep on the military airplane winging them home from USO duty in Afghanistan. This was back in the day when Senator Franken was a professional entertainer, a clown to be precise, but his career shift to politics has rendered all his prior clowning anathema.
Will he slink out of the senate in disgrace with (ahem) hisFriday, November 17, 2017 |
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| James Howard Kunstler |
Swamp-O-Rama |
What America might want to know right now is: how come Hillary Clinton doesn’t have any legal problems? Why aren’t DOJ investigators examining the financial records of the Clinton Foundation? You would think somebody would want to find out how over $120 million of Russian “charitable donations” ended up on its ledgers around the time that Secretary of State HRC approved the Uranium One deal — compared to which, Bill Clinton’s $500,000 payment from a Russian bank for giving a speech around the saFriday, November 3, 2017 |
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| James Howard Kunstler |
Homework Assignment |
Poor old Karl Marx, tortured by boils and phantoms, was right about one thing: History repeats itself, first as tragedy, second as farce. Thus, I give you the Roman Empire and now the United States of America. Rome surrendered to time and entropy. Our method is to drive a gigantic clown car into a ditch.
Is anyone out there interested in redemption? I have an idea for the political party out of power, the Democrats, sunk in its special Okefenokee Swamp of identity politics and Russia paranoia: mFriday, September 29, 2017 |
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| Sprott Money |
Central Bank “Cryptocurrencies” Just a Different Kind of Funny-Money - Jeff Nielson |
It is quite hilarious to watch the posturing of central banks
and their media mouthpieces on the subject of cryptocurrencies. A recent
Reuters
article
on the subject provided numerous moments of mirth. The title
alone is good for a chuckle.
Too
Soon to Determine Risks of Central Bank-Issued Cryptocurrencies: BIS
It’s always amusing when these shameless con-men (and women) attempt to
portray themselves as sober arbiters of risk. Those who understand our monetary
system are aware that the fuFriday, September 22, 2017 |
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| Jim Willie CB - Hat Trick Letter |
Chinese Leverage to Kill Petro-dollar |
The Chinese Govt is greatly irritated by the requirement to use USDollars in payment for crude oil in the global market. The Beijing officials finally have some leverage in arranging for a major deal to pay for crude oil in RMB currency, their Yuan. The negotiations have been in progress for a couple months. The development is not covered well in the financial press, not even in the alternative media. It will happen, just a matter of time. Its effect will be far reaching and likely devastating.Saturday, July 29, 2017 |
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| James Howard Kunstler |
Words and Deeds |
I know I’m not the first to point out how Anthony Scaramucci, President Trump’s brand new Communications Director, is suddenly and eerily carrying on like his namesake, the arch-rascal / buffoon of the Old World Commedia dell’Arte in lashing out at his fellow scamps and bozos in the clown school that the White House has become. Of course, these antics only reflect the astounding violent vulgarity of current US culture in general, especially as it recursively re-amplifies itself in the distortinFriday, July 28, 2017 |
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| Graham Summer - Gains Pains & Capital |
O'Keefe's Third Undercover Film Exposes CNN's Internal Culture Of Hate And The Actual Creation of Fake News |
Content originally published at iBankCoin.com
Project Veritas founder James O'Keefe has just capped off a week of destroying CNN's last shred of credibility with a Friday morning release of another undercover encounter with an employee of the beleagured network. Jimmy Carr, a hate-filled Associate Producer, said that virtually everyone he knows at the network - surprise - absolutely hates President Trump.
Carr: "On the inside, we all recognize he is a clown, that he is hilariously unqualified Friday, June 30, 2017 |
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| Steve St Angelo - SRSRocco Report |
Massive Central Bank Asset Purchases: Last Ditch Effort To Save Economy Cap Silver-Gold Prices |
The Central banks bought a staggering $1.5 trillion in assets in the first five months of the year to keep the economy from imploding while at the same time, capping the gold price. Yes, it’s true…. $300 billion a month of Central bank asset purchases pushes up STOCK, BOND and REAL ESTATE values while it depresses or caps the gold (or silver) price.The amount of Central bank asset purchases are now reaching insane levels. And they have to. It is the same thing as being a drug addict. Once, sTuesday, June 13, 2017 |
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| Graham Summer - Gains Pains & Capital |
Trump and the Dying White Male Underclass |
The other candidate called them Deplorables, even if she herself was a card-carrying Despicable. Well, never mind her, as she lost and will never darken the halls of power again. Perhaps a more fair term for Trump’s key demographic, more accurate than what she coined, would be the Pitifuls. Pitiful they are.
Nothing is going right for them, with them being the white underclass. They face a host of problems, from the loss of the pricing power of their largely unskilled labor, to a more equitMonday, April 3, 2017 |
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| James Howard Kunstler |
Racket of Rackets |
If you thought banking in our time was a miserable racket — which it is, of course, and by “racket” I mean a criminal enterprise — then so-called health care has it beat by a country mile, with an added layer of sadism and cruelty built into its operations. Lots of people willingly sign onto mortgages and car loans they wouldn’t qualify for in an ethically sound society, but the interest rates and payments are generally spelled out on paper. They know what they’re signing on for, even if the conFriday, March 31, 2017 |
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| Sprott Money |
Gold Silver Soar After The Fed’s Clown Show - Rory Hall/Dave Kranzler |
The Federal Reserve’s FOMC predictably nudged the Fed Funds rate up
25 basis points (one quarter of one percent) to set its “target” Fed
Funds rate level at .75%-1%. Nine of the faux-economists voted in favor
of and one, Minneapolis Fed’s Neil Kashkari, voted against the
meaningless rate hike.
Or is it meaningless? Ex-Goldman Sachs banker Neil Kashkari was one
of the Treasury’s Assistant Secretaries when the Government made the
decision to bail out Wall Street’s biggest banks with nearly $Monday, March 20, 2017 |
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| Sprott Money |
Bloomberg News Admits The Fed Manipulates Gold - Dave Kranzler |
“Yellen Can’t Halt Trump Gold Rally That Funds Bet Against” – That
was the headline in a Bloomberg news report that was released on Sunday
afternoon. There’s a lot going on in that headline – none of it
accurate except for the fact that gold is moving higher despite the
efforts of western Central Banks to cap the price.
The basic premise of the report is that gold is moving higher in
defiance of the Fed’s apparent move to raise interest rates. Reading
through the report reveals even more mTuesday, February 21, 2017 |
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| Graham Summer - Gains Pains & Capital |
TRUMPISTI! Italian Populists Expected to Defeat Referendum; EU Crisis Looms |
Over this weekend, Italy will vote on a referendum that, if passed, will give the government sweeping powers to enact radical change. According to the latest polls, the referendum is expected to fail -- which might then pave the way for the nationalist Five Star Movement party to form a government -- who literally hate the EU. Similar to what we experienced here with Trump v Clinton, Italian liberals are out in force -- demonizing the right wingers who will vote against the referendum, calling Sunday, December 4, 2016 |
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| Rick Ackerman |
Ready to Have Your Expectations Managed |
Thursday will be a big day for the kind of manufactured ‘news’ that can move markets. Fed clown-in-chief (and lame duck) Yellen is scheduled to speak at 10:00 a.m. Eastern, presumably to obfuscate whatever genius plan the central bank is thought to be mulling for December. You can bet the news media will be glued to their monitors for this momentous event, eager as always to have their expectations managed, and that they will get a headline out of it even if all she does is mumble and drool for Thursday, November 17, 2016 |
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