Sunday, July 7, 2019

THANKS CARTEL

You may find this "thanks cartel" to be sarcastic, but it is not. At least not entirely sarcastic. I was caught, like many, believing the nominal price of precious metals would have lifted off by now. Obviously they haven't. That was never the primary reason I was in this sector. I was in the sector to protect myself from a monetary system that was verging on collapse.
Each Time A Major Gold Bull Market Has Followed
July 11 (King World News) – 
Bill Haynes, 46-year market veteran and Founder of CMI Gold & Silver, the largest gold dealer in the US:  “Eric, I’m telling you the indifference is incredible when it comes to gold and silver.  I’ve been in the business for over four decades and I’ve seen 3 major bull markets in gold. And whenever I’ve seen indifference like we are currently seeing, each time a major bull market has followed.”


Pre-Foreclosures Are Spiking Across New York City ......nuthin' to see....now move along








The collapse could take several forms. First it could have a deflationary collapse and reset. That was averted. Second it could have been a massive printing with hyperinflation. We got the printing but it went into the banks and financial assets so there was not hyperinflation. Thirdly we could have a much longer scenario of stagflation with a very ugly ending of hyperinflation. This "thirdly" scenario is what is and WILL transpire.

"The Deutsche Bank As You Know It Is No More": DB Exits Global Equities In $8.4 Billion Overhaul, To Fire Thousands....lol no worries......


How do you know? You know because THEY have told you publicly and often. They have said they will do "WHATEVER IT TAKES". This means they will CONtinue to prop this system up through printing. This means they will do helicopter money. This means they will inflate until they remove all debt through devaluing  the dollar. That may be the reset. Its heralded by HYPERINFLATION. But before we get the hyperinflation we get a stifling stagflation. 

We have been in stagflation for 8 years at least. It will worsen as we begin helicopter money. Helicopter money will be in Tax schemes like "tax credits" for all kinds of attempts to stimulate growth. Tax reduction in middle class earners. We will make college free. We will forgive college debt. We will give massive tax credits to couples with children. We will give MORE welfare to poverty level  couples and illegal immigrants. We need to repair the demographic structure of our country with schemes to increase reproduction and even more illegal immigration. A massive middle class destruction will continue for years more. The middle class will continue to be under pressure through these monetary and fiscal pressures.

Could we get a complete collapse from something external such as war? Absolutely. Could we get a hyperinflationary event much sooner than 2030? Yes we could. Historically they will do some very predictable schemes and those are what you need to be prepared for. Its a game of pretend and you're just a bug, unless you are ready for their schemes. 


63 comments:

  1. Douche Bank....GGGGgggooone.........nuthin to see here now move along......

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  2. Great Picture Kli!
    Stupid question, and kinda of sarcastic, but how can there be so much money sloshing around and everyone is still broke? It must be exhausting for the central banks, (and of course everyone else) day after day.

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    1. lol......its beyond sad.....they blew the bubble by keeping the money in the financial system....they put it in the banks reserves (they only loaned to big corps to buyback shares) very little money went into the real economy and nothing is circulating (no velocity of money) they also are buying bonds of all types to suppress interest rates........anyway you'll see big time inflation eventually once the MMT/helicopter money schemes begin. It may be a multiyear process (at least I hope it is) before the hyperinflationary collapse and resultant reset.....remember I don't think we get the reset until you see SERIOUS Hyperinflation.....then a new currency and that may be SEVERAL years away

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    2. First by deflation, then by inflation, the banks and corporations will rise up around them...

      I forgot how great this show was, getting hard to separate the difference.

      https://www.youtube.com/watch?v=zmd-RJUO_RY

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    3. first by deflation= cartel buys the assets for pennies THEN inflation/stagflation........

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  3. Replies
    1. its going to 1700 "soon" but "soon" might be 9 months........on the other hand it might be 3 months........no problem for me

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    2. Or 19 months... Only the Shadow knows!

      Smoke 'em if ya got 'em! Hehehehe

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  4. You there's a lot of very wealthy & famous people out there getting a visit from Aunt Xiety right about now...

    BAHWAAAAAAAAAAAAAAAAAAAAA!

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  5. HELICOPTER Money everywhere. stock brokers offering "bonus" of $400-600 if you open an account. Ditto banks. Credit cards with no interest for a year or longer. The helicopter is here!!! LOL

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    Replies
    1. Who is giving out $400-$600?

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    2. Chase offers up to $650 (did not check out details). Wells Fargo advertising $400 new account welcome.... There are several CC deals from banks like Ally.... Chase was also advertising $2.50 stock transaction fees.

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  6. when mark mobius declares he is a gold bull you know its a tsunami coming.......NEVER in over 38 years i followed mobius did i hear one word about gold.....amazing

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  7. Who knows what the next two days will bring but just like the last time FMOC announced you could get an upside surprise within the next couple of days in gold........the Fed has NOT backed themselves into a corner ......they have plenty of tricks to play this out for more years but they really need to get gold a little higher if for nothing else but to get the mines producing and not going BK.........miners might have been a tell today on where gold is going near term.....miners finished green.......gold to 1500 near term

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  8. https://libertyblitzkrieg.com/2019/07/09/bombshell-alex-acosta-reportedly-claimed-jeffrey-epstein-belonged-to-intelligence/

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    Replies
    1. of course he did........but guess who's intel......give you a hint.....it wasn't ours

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    2. nothing will eventually transpire from this arrest UNLESS they want to use it to throw someone to the boneyard.......such as clintons....because they're now useless

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    3. Was it France? Russia? That doesn't sound like a Russia name. Ain't it funny how Satan works hahaha

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    4. From what I've been reading Moose-ade... Gonna be a lot of Death by Home Improvement tools over the coming months. We will see what we will see...

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    5. So why is he being put in the spotlight now?

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    6. Now? Cause he got off Scott Free Ten years ago, when he should have been locked up for life along with all the others.. You really should listen to the Orange Man, he always tells you what's gonna happen. BTW: You can Thank Elmer The for this... Lol!


      Keep watching....

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    7. *Elmer Fud not Elmer The.... Damn Phone!

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    8. prolly just be rolled into the metoo movement for some show trials and nothing will happen hehehe but hey they prolly got control files on everyone tis the age we live in

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    9. nothing will happen other than a diversion/red meat for the proles.......pure theater

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    10. he outlived his usefulness and so have most of his marks such as the clintons......he's expendable and so are they............it'll send the masses into a frenzy while they pick your pockets with more war, slaughter, and poverty.......its a great gig if ya can get it

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    11. btw james comey's daughter is one of his prosecutors.....lol......you can't make this shit up

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    12. and people get mad at you and I for being cynical, go figure, or then again, it figures.

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    13. trust me.......they do not appreciate my point of view lol......what's funny is I cannot understand theirs....LOL harder

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    14. Fine be that way you two hehehe I'm as cynical as the next guy but I'm warning ya, I got a duffle bag full of I told you so's and a nice recipe for Humble Pie to serve up when it's all said and done...

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    15. The Orange Man is shutting down the whole Cabal, why do you think SA was the starting point...

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    16. Now if ya' wanna talk cynical or more like lunacy... Damn I thought NYS was nutz!

      https://amp.theguardian.com/us-news/2019/jul/11/san-francisco-navigation-center-shelter-lawsuit?CMP=share_btn_tw&__twitter_impression=true

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    17. Still waiting HOPE you are right, still waiting. I hear even the Orange man was on the Lolita so will they use it against him in the next election?


      https://www.zerohedge.com/news/2019-07-12/corrupt-system-will-never-police-itself

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    18. C'mon Man....

      BTW: Greetings from the Sunny Adirondacks ;)

      https://www.thegatewaypundit.com/2019/07/prosecutor-in-2009-epstein-case-said-donald-trump-was-the-only-one-who-helped-him/

      https://threadreaderapp.com/thread/1147866925688446976.html

      Yup We wait but things are moving in the right direction, it took 50 years to get here, we'll get there, they're fighting the Evil & Powerful...

      Watch the Flynn Case.

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    19. Hehehehe

      https://www.thegatewaypundit.com/2019/07/two-wealthy-john-does-file-anonymous-motion-to-keep-epstein-records-sealed/

      Ain't gonna wurk anyMOAR!

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    20. Hehehe,

      Pressure, yeah that's it Pressure....

      https://www.express.co.uk/news/royal/1153272/prince-andrew-jeffrey-epstein-files-virginia-roberts-royal-news

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  9. https://www.zerohedge.com/news/2019-07-09/us-authorities-seize-jp-morgan-owned-container-ship-used-13-billion-cocaine-bust

    Gotta keep those quarterlies flowing...

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  10. this is a no brainer recommendation today.......watch the holter sinclair vid above.......YOU MUST pay close attention AFTER 30 minutes and into the close.....don't miss Sinclair's reference to the book "Our Crowd"........his family was in it and how "they" CONtrolled the world.....MUST MUST listen......I would love to tell you a story about "Our Crowd" but unfortunately it would pose a problem

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  11. Well Kli, in regards to foreclosures guess who is unwinding their MBS balance sheet? From wolf Richter,
    ‘In June, the balance of MBS fell by $23 billion to $1.533 trillion. This was not only the biggest run-off since the QE unwind started but it also exceeded the $20 billion cap – another first! In May, the run-off had hit the cap of $20 billion for the first time, but didn’t exceed it: The action on MBS confirms that the Fed is eager to get rid of them as soon as possible.”

    https://wolfstreet.com/2019/07/06/fed-sheds-38-billion-in-treasuries-and-mbs-dumps-mbs-at-record-pace-exceeding-cap-for-first-time/

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  12. Kli,

    What's the gig with Merkel? This is not the first time she's shook like this?? Doesn't look like Parkinson's??? Weird....

    https://mobile.twitter.com/BreakingNLive/status/1148913282343931904?s=09

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    Replies
    1. NOT parkinsons tremor......definiltely not a good type of neuro activity/seizure......she's fucked

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    2. haven't seen anything like it in my career.........its bizarre

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    3. Right, that's the second time I've seen her do that...

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  13. rate cut tomorrow of 25bps with reassurance the Fed is prepared to act BWAAAAAAAAAAAAAAAAAA......have no clue what paper gold will do in the near term since they jacked it back up to the top of the bull flag

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  14. Kli, What is your interpretation of Stagflation?

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    1. its simply slow economic growth (which we are in now) coupled with inflation greater than the yearly economic growth (GDP).......we are in stagflation now .....especially if you use John Williams inflation stats.....it can get worse and it will.......eventually we will devalue the dollar through a wickedly desperate screwing of the dollar denominated assets and pension funds and savers etc. then the whole enchilada will enter a relatively severe inflation phase that goes parabolic as we collapse and then we get a final reset

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    2. I went online to look at "official" definitions of stagflation......the vary widely but my definition above is accurate within their wide definitions.....lol......also saw headlines saying we were not only NOT in stagflation but that we never will be again......lol

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    3. Stagflation is when Indian and Chinese citizens and all their cousins and grandparents are waved in with a magic wand and flood your country that you live in and drive up the cost of housing with free medical care and God knows what else while depressing wages for United States STEM graduates and guys like Gates and Jobs are ok with it because they already made their fortune so fuck everyone else.

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    4. Very nice and very accurate summation of why the USA will have no middle class in about 10 years - we will be just like Cali - extreme wealth and the poor to very poor -with nowhere to run or hide. In fact, you can expect most of the world to look just like that.

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    5. You are correct Randall and it is done intentionally. They will say, they simply can't find enough skilled workers as American STEM graduates work at gas stations and as Walmart greeters.

      "The Fairness for High-Skilled Immigrants Act would eliminate the per-country numerical limitation for employment-based immigrant visas and raise it for family-based visas.

      The Fairness for High-Skilled Immigrants Act of 2019, H.R. 1044, would amend the Immigration and Nationality Act to eliminate the per-country numerical limitation for employment-based immigrant visas, and to increase the per-country numerical limitation for family-sponsored immigrant visas. The bill is aimed at clearing backlogs for skilled workers from large countries, allowing them to come to the United States to work and obtain permanent residence, along with their spouses and children."

      So will TRUMP sign this one to MAKE AMERICA GREAT AGAIN???

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    6. count on it.......MAGA....lol

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    7. Trying to make Women's Soccer a national issue, the latest Celebrity gossip STILL, they've gone too far. lol The QANON hope porn, the draining the swamp by becoming part of it but we just need to wait just a little while longer, any day now. Tom, I think your heart is in the right place but I personally think you are deluded, I hope I am wrong.

      Let them eat cake, but I find history kinda funny in its irony.

      https://www.architecturaldigest.com/story/french-chateau-gardens-vaux-le-vicomte-andre-le-notre

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  15. sheeps.......your comment and my reply was wiped out in mid reply to you..........please repost

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    1. Ha! no worries. Was just confirming more of the same BS. Pumping MORE money into the same problems with the same banks. Looks like DB cut its own wrist. Not buying into this great economy. Real estate soft. feels very deflationary out there. I am one who thinks that PMs test the lows and perhaps make new lows.

      One thing the feds are good at is manipulating all the markets PM's included.

      Sheeps

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  16. miners remain stinking like shit even though my portfolio is up 35% from a month ago..........why does it feel like its still down........lol......because THAT is HOW they get you........shake you beat you and shit on you till you puke up the trade...........

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  17. I was asked several years ago whether the "cabal" will be taken down by gold or silver physical and I recall answering that I believed "they" owned vast quantities of physical gold and could manipulate the price for quite some time before it would move up ........if you listen to Sinclair he basically confirms this........physical will rule the world.....and they have it

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  18. Finally a nice profit on the silver I bought so long ago almost forgot I had it. LOL LOL

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  19. Cryptos looking dicey again after a big run up, Chinese laundering money may be taking a pause.

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