Keyword: goldbugs
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How nice! After nearly a century of VIOLATING THE CONSTITUTION, a few states may have figured out how the scam to enslave us to perpetual debt works? Story at this link. https://www.kitco.com/news/2021-04-30/More-states-pushing-to-make-gold-and-silver-legal-tender-former-U-S-Mint-director.html The violation of the Constitution involved is below. (WARNING: NOT FOR MEMBERS OF THE SHORT ATTENTION SPAN FRATERNITY!) It is generations of the Short Attention Spanner that got us into this mess! ROGER SHERMAN(1721 1793)should be a name familiar to every American. As familiar as Washington, Madison, Jefferson and Adams. He is the only man to have signed all 4 documents surrounding the formation of the United States...
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Dear Chuck,I read your new book on economic threats. What do you think of China’s new digital currency? Isn’t it a threat that should be on your list of Gray Swans? Economic ObserverDear Economic Observer, I wrote a book about Seven Gray Swans—trends that threaten our financial future which are low probability occurrences that we tend to ignore. As I mentioned in the book, my list is not exhaustive. Thank you for reading the book; unfortunately, many of the events I described are rapidly developing. While I did not mention a specific threat of China, I did reference their social...
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There is this website https://deagel.com/forecast that projects the population and GDP for 2025. The population of USA has dropped to 99M and the GDP has dropped to 1.63 T. Does this website know something we don't?
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In the wake of the FedÂ’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining the rationale behind this move, this article concludes that while there are sound geopolitical reasons behind it the monetary effect will be to drive down the dollarÂ’s purchasing power, and that this is already happening. More recently, a veiled threat has emerged that China could dump all her US Treasury and agency bonds if the relationship with America deteriorates further. This appears...
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Since the arrival of COVID-19 and the subsequent decision to lockdown entire cities and nations, world economic activity has significantly decreased. When normal recessions strike, they typically involve only one nation or a single region. But the COVID Recession has hit the whole world at once. This is the first time every nation has simultaneously seen a decline in output since the Great Depression. Despite the scale of this economic disaster, many economists are calling for a quick V-shaped recovery once the coronavirus is brought under control. But is this likely? No. Even if the virus disappears tomorrow, we won’t...
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And just as is the case today, that President had to kill it, or it would kill him. The far-Left rioters who attempted to topple the statue of Andrew Jackson in Washington, DC’s Lafayette Square several weeks almost certainly know nothing whatsoever about him. What they were told in the Antifa indoctrination camps that are called higher education these days is that he was largely responsible for the forcible exile of Native Americans from the Eastern United States, the Trail of Tears, and is thus to be reviled and hated forever. What they were not told is something that may...
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Like it or not, the U.S. is already fighting an economic and technological cold war against China. While we should aim to eventually return to the optimism and promise of a broad China/U.S. partnership, the time for that is not now. This is a major challenge to our country, and we must do everything we can to avoid losing our economic leadership. By now, we all know the rivalry in 5G and AI, part of China’s $1.4 trillion technology commitment. Less attention has been given to an equally consequential struggle: who will control our future global financial systems. The power...
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Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 million shares in Goldman Sachs. The 89-year-old investing icon’s sudden embrace of the precious yellow metal — which has has previously derided as “useless,” saying that “anyone watching from Mars would be scratching their head” at the idea of investing in it — took many...
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The U.S. used to be a capitalist country, but is now becoming a Marxist society, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad.” Kiyosaki was a veteran of the Vietnam War who had seven uncles fighting in World War 2. “I fought for capitalism,” he said. “America is going Marxist.” The evolution of socialism in the U.S. started with the anti-war protests following the Vietnam War, Kiyosaki said. “When I came back [from Vietnam] the hippies were outside just like the protesters are today in Chicago. I got hit with rotten eggs, I got hit with stink bombs,...
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As Bitcoin and gold hit 2020 highs, Uphold unveils a revolutionary new product redefining “store of value†for a panicked age. It’s physical gold. It’s crypto. It’s government-backed. It’s a new product from a Silicon Valley company mutating gold and crypto into a single unit. And it’s as deeply fear-soaked as anything since, well, 2020.  Today Uphold, a digital investment platform based in San Francisco, announced what it calls “a better form of goldâ€: Universal Gold. Users can buy the gold crypto UPXAU — a token verifiable on the Ethereum blockchain and audited by the security firm CertiK — and Uphold instantly contracts to...
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Sen. Martha McSally, R-Ariz., introduced a resolution Thursday calling on China to repay U.S. bondholders more than $1.6 trillion of sovereign debt, including interest, that pre-dates the country's Communist government. The measure is co-sponsored by Sen. Marsha Blackburn, R.-Tenn, and a House measure led by Rep. Mark Green, R-Tenn. is forthcoming. Resolutions lack the force of law held by a bill, though they reflect the will of lawmakers. “China has repeatedly failed to honor its obligations to America, taking American families’ money and jobs,” McSally said. “Well, the abuse ends here. We are holding China accountable for their debt and...
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Swiss refiners — chief among them Valcambi — are under scrutiny due to the high risk of conflict gold originating in Africa entering their supply chain via the United Arab Emirates. Two parallel NGO reports on the subject were published on Thursday. This content was published on July 16, 2020 - 18:00 July 16, 2020 - 18:00 Dominique Soguel-dit-Picard See in another language: 1 One of the reports, Golden Detour [Détour Dorée] by Bern-based Swissaid, examines the gold trade in the UAE, with a focus on the scandal-stricken Dubai company Kaloti Precious Metals and its ties to Valcambi, a precious...
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It has been an miserable five years for Turkish citizens who have seen their purchasing power slashed by more than half, and it’s only getting worse. The Turkish lira has cratered against the dollar and most developed currencies, plunging from 3 TRY per dollar, to a record low 7.37 last week after a brief and valiant attempt at imposing shadow capital control by Erdogan (who is now de facto head of the Turkish central bank) failed miserably at the end of July, and not even a draconian hike in overnight funding rates above 1000% last week (to crush the shorts)...
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Patrick Rooney, Founder of Old School™(Natural Health / Success / Freedom), interviews businessman and experienced gold investor Joe Grande about the reasons people should consider investing in gold and silver, and how to get started.
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(Kitco News) - Gold prices are again sharply higher and hit a record high of $2,064.90, basis October Comex futures, in early U.S. trading Thursday. Silver prices are also sharply higher and hit a more-than-seven-year high of $28.54, basis September Comex futures. October gold futures were last up $25.00 an ounce at $2,062.10. September Comex silver prices were last up $1.45 at $28.34 an ounce. Importantly, while there are no early chart clues to suggest the gold and silver markets are close to major tops, both are now getting short-term overbought, technically, and are due for downside corrections in the...
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(Kitco News) Gold prices are sharply higher and hit a record high of $2,048.00, basis October Comex futures, in early U.S. trading Wednesday. Silver prices are also sharply higher and hit a seven-year high of $27.195, basis September Comex futures. October gold futures were last up $35.00 an ounce at $2,043.50. September Comex silver prices were last up $0.987 at $27.03 an ounce. Gold and silver are continuing on a bullish rampage. Both metals continue to see support from safe-haven demand amid the worrisome rise in Covid-19 infections, geopolitical developments and concerns about problematic price inflation in the coming months....
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Just noticed a bit of a jump in metals. Any reason, that anyone is aware of? They are all up at the moment. Somewhat interesting, anyway. Gold is up more than $20 now. It was around here before, around a week ago. That time it plunged, right back down. What will happen this time?
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He was the only person to sign all four of these America's founding documents: Articles of Association, 1774; Declaration of Independence, 1776; Articles of Confederation, 1777; U.S. Constitution, 1787. Who was he? Roger Sherman. At age 19, Roger Sherman's father died and he supported his family as a shoe cobbler, helping his two younger brothers to attend college and become clergymen. Roger Sherman was a surveyor and merchant, but when a neighbor needed legal advice, he studied to help, only to be inspired to become a lawyer. Sherman was elected a state senator, a judge and a delegate to the...
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Gold is up to $1964. Silver is up to $25.54.
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Gold price is up $40 today. This is the dollar depreciating as the price of gold surges. https://www.kitco.com/market/
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