Рональд Эрнест «Рон» Пол (Ronald Ernest "Ron" Paul, 20 августа 1935) — американский политик. Член палаты представителей. Участник «Движения чаепития». Участвовал в президентских выборах в 1988 году в качестве кандидата от Либертарианской партии. Перед выборами 2008 года до 12 июня являлся претендентом на выдвижение в кандидаты на пост президента США от Республиканской партии. 13 мая 2011 года официально объявил, что он будет бороться за выдвижение в кандидаты от Республиканской партии США на выборах Президента США в 2012 году. Однако, кандидатом от Республиканской партии тогда стал Митт Ромни. Подробнее
Authored by James George Jatras via The Strategic Culture Foundation, This week the US Department of Justice Criminal Division forced the Russian-funded television network RT (formerly Russia Today) to register as a “foreign agent” under the Foreign Agents Registration Act (FARA). Failure to comply would have risked arrest of RT’s management and seizure of its assets. The move comes on the heels of Senators’ recent demands that terrified tech giants Twitter, Facebook, and Google act as ideological filters. With no discernable defenders among America’s media establishment, RT rightly denounced the selective FARA mandate as an attack on media freedom – which it is. But more ominous is what the move against RT says about America’s rulers’ further intention to limit the sources of information available to its subjects. As Daniel McAdams of the Ron Paul Institute writes: “RT America is a news organization operating in the United States that is funded at least partly by a foreign government. So is the BBC. So is Deutsche Welle, France24, Al-Jazeera, and numerous other foreign media organizations. It is assumed that they all to a degree reflect the editorial interests of those who pay the bills. “The same is true with other, non-state funded media outlets, of course. It’s up to us to factor these things in when we consume media. That’s what it means to be a free people. “A core value in a free society is that our own government has zero power over what we read, what we watch, how we think, how we come to interpret current events, the conclusions we draw based on these inputs, and so on. These are private matters over which any government that is not tyrannical should have no sway. “The real insidiousness of tyrannical systems is that the government most lasciviously seeks control over most private spaces — including the most private space called our brain, our intellect, our conscience. We must be free to follow our interests down whatever path they may lead us so that we may reach our own conclusions and then perhaps test them ourselves in the marketplace of ideas.” The attack on RT (and another Russian network, Sputnik, which evidently has not yet been given a deadline for registration) is a milestone in the degeneration of the American official (call them what you want – corporate, legacy, mainstream) media into PR agencies for the governing establishment and its ideological imperatives. We’ve been moving along this path for a while now, and it’s going to get worse. Long gone are those halcyon days of yore when Americans could just sit back and watch CBS’s Walter Cronkite with total confidence they were getting the truth, the whole truth, and nothing but the truth. (For youngsters who have no idea who the hell Cronkite was, just Google “most trusted man in America.”) Back in the naïve infancy of the TV age, from about the 1950s until the beginning of the 1990s, there was a common national media culture that reflected the established, generally liberal, mainly Democratic tilt of the American inteligentsiya that was almost uniform among the (then only) three networks and a handful of major newspapers and magazines. To be sure, that was also a ruling class media of a sort, but it reflected a broad and deep social consensus. Those days are no more. Perhaps the unraveling of media trust and social consensus alike started in earnest with Vietnam. But still, for decades afterwards there still seemed to be plenty of empty cranial receptacles for government and corporate propaganda of the first Gulf War under Bush 41, Bill Clinton’s phony humanitarian wars in the Balkans, Bush 43’s Iraq War, and Obama’s Libyan and Syrian imbroglios. Sadly, there are many such cranial receptacles even today. By its attack on RT, the US government is officially telling us that only the mainstream media (MSM) can be regarded as are purveyors of Truth (with a capital T) and that anybody not on the approved list is fake. How do we know? Why, the MSM themselves tell us! The Washington Post’s “Democracy Dies in Darkness.” CNN’s “Facts First.” The New York Times’ “The Truth is Hard.” (The fact that certifiably authoritative and truthful media are militantly hostile to Russia, not to mention to Donald Trump, is purely coincidental.) A lot of Americans don’t buy it anymore, though. Some of the skepticism falls along purely partisan lines reflecting increasing moral and political polarization: our media (which I exclusively consult) tells the truth, but your media (which I don’t consult) are liars. About one-third of Americans get their talking points from, say, Michael Moore, and from Rachel Maddow on MSNBC, with their related internet echoes, while another third gets theirs from Rush Limbaugh, and from Sean Hannity on Fox News, and their internet echo chambers. Increasingly, there is nothing like a national dialogue on anything, but rather two entirely separate, diametrically opposed ideological cultures – and alternate realities – each demonizing “them.” This is why when after Barack Obama’s election the Tea Party appeared, the GOP fell over itself trying to co-opt them, while the Democrats denounced them as a mob of racists and subversives. When later the “Occupy” and Black Lives Matter movements broke out on the Left, the Democrats tried to figure out how to channel it while top Republicans denounced it as gang of commie anarchists and losers. With the election of Donald Trump the divide intensified further to one of latent civil war. At some point the false picture of pseudo-reality (as Alain Besançon called it in the late Soviet propaganda context) diverges so far from real reality that the official media narrative becomes useless and even counterproductive. While a majority of Americans probably are still glued to the partisan outlets of “their” side of the political divide, there is a growing sense across the spectrum that not only the MSM but even partisan media like Fox News and MSNBC are untrustworthy. In the past, notably in the totalitarian societies of the 20th century, maintaining the credibility of official media required the physical repression of alternatives. Today, such a crude approach is unnecessary and almost technologically unfeasible, even for such undemocratic countries as Iran, Cuba, and Saudi Arabia (though North Korea may be successful through the sheer unavailability of modern communications technology to most of the population). Instead of suppressing dissent, is it sufficient to maintain major media’s role as gatekeeper and certifier of reliability. Which brings us back to the impact of foreign media like RT, Sputnik, Strategic Culture Foundation, Al-Jazeera, CGTN, Press TV, often in parallel with alternative media like Zero Hedge, Lew Rockwell, Antiwar.com, Ron Paul Institute, and others, to break through the information firewall but arguably then being influenced by the agenda of the sponsoring foreign governments. In any case, a growing segment of the American public is discovering a skill once well-honed by the citizens of the former communist countries: reading between the lines of the official media (which is assumed to be full of lies) and making informed comparisons to samizdat alternative media, foreign sources, and the rumor-mill to guess what the truth might be. Make no mistake – what has started with RT won’t end with RT. Our betters have decided they need to protect our minds from “propaganda” penetration that might cause us to doubt the truth of what CNN and the Washington Post tell us. Citizens! Be grateful for such wise leaders and dedicated information workers! Smash the enemy voices that seek to undermine our democracy as we march boldly into the radiant future!
**Must-Read: Brink Lindsey**: [Further thoughts on libertarian anti-democracy](https://twitter.com/lindsey_brink/status/931591616565006343): "Further thoughts by Will on libertarian anti-democracy’s effect on the GOP... >...and a thread with a few thoughts of my own . In Will’s telling, libertarian property rights absolutism moralizes and thereby strengthens other sources of antipathy to democracy on the right. I think that’s right and important, but there’s another channel of influence I want to focus on. It goes like this: property rights absolutism -> “taxation is theft” -> tax-supported governments are illegitimate and indistinguishable from organized crime -> delegitimizing “the state” and exposing its criminality are therefore a necessary precondition for a truly free society. >Buying into this leads straight to “the worse, the better” nihilism. Anything that reduces public confidence in their rulers is a good thing. Declining trust in government (i.e., in democracy) is celebrated as a move in a libertarian direction. >Most self-described libertarians share this mindset to a substantial degree. Such thinking is most pronounced among anarchist libertarians—who, I believe, now dominate the libertarian rank and file thanks to the Ron Paul movement and the Mises Institute. When you think this way, you have no reason to defend the norms and institutions of liberal democracy,...
Суверенные государства, правительства штатов, калифорнийские города, мелкие предприниматели, домовладельцы, средний класс, недавние выпускники ВУЗов и все прочие люди и организации по всему миру сталкиваются с одной и той же растущей проблемой – ЗАДОЛЖЕННОСТЬ. В то время как в данный момент времени все внимание сосредоточено на Европейском Союзе, долговой кризис в Соединенных Штатах, пожалуй, достиг худшей […]
Via SchiffGold.com, The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Federal Reserve’s monopoly on money. Gov. Greg Abbot signed legislation creating the state gold bullion and precious metal depository in June of 2015. The facility will not only provide a secure place for individuals, business, cities, counties, government agencies and even other countries to store gold and other precious metals, the law also creates a mechanism to facilitate the everyday use of gold and silver in business transactions. In short, a person will be able to deposit gold or silver in the depository and pay other people through electronic means or checks – in sound money. Earlier this summer, Texas Comptroller Glenn Hegar announced Austin-based Lone Star Tangible Assets will build and operate the Texas Bullion Depository. On Nov. 3, the company announced it will construct the facility in the city of Leander, located about 30 miles northwest of Austin. According to the Community Impact Newspaper, the Leander City Council has approved an economic development agreement with Lone Star. Construction of the depository is expected to begin in early 2018. Lone Star officials say it will take about a year to complete construction of the 60,000-square-foot secure facility located on a 10-acre campus. The depository will operate out of Lone Star’s existing facilities during construction. It will provide services nationwide beginning in early 2018, with international services to be offered in the future phases, according to Community Impact. “This state-of-the-art facility will provide tremendous benefits to the citizens of Leander and will give Texans a secure facility right here in the Lone Star State where their gold and precious metals will be kept safe and close at hand,” Hegar said in the press release. The Texas Bullion Depository has already established an online presence. You can visit the depository website HERE. According to an article in the Star-Telegram, state officials want a facility ‘with an e-commerce component that also provides for secure physical storage for Bullion.’ Officials say plans for a depository should include online services that would let customers accept, transfer and withdraw bullion deposits and related fees. By making gold and silver available for regular, daily transactions by the general public, the new law has the potential for wide-reaching effect. Professor William Greene is an expert on constitutional tender and said in a paper for the Mises Institute that when people in multiple states actually start using gold and silver instead of Federal Reserve notes, it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money. “Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do will lead to a ‘reverse Gresham’s Law’ effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve notes). “As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the state’s treasury, an influx of banking business from outside of the state – as people in other states carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve notes for any transactions.” University of Houston political science professor Brandon Rottinghaus called the development of a state gold depository a step toward independence. “This is another in a long line of ways to make Texas more self-reliant and less tethered to the federal government. The financial impact is small but the political impact is telling, Many conservatives are interested in returning to the gold standard and circumvent the Federal reserve in whatever small way they can.” The Texas gold depository will create a mechanism to challenge the federal government’s monopoly on money and provides a blueprint for other states to follow. If the majority of states controlled their own supply of gold, it could conceivably make the Federal Reserve completely irrelevant. The depository is part of a broader movement at the state level to facilitate sound money, and potentially undermine the Fed’s money monopoly. A number of states have repealed taxes on the sale of gold and silver over the last two years, and that trend is expected to continue. A legislator in Alabama has already filed a bill to repeal the sales and use tax on gold, silver, platinum, and palladium bullion and coins in that state. As Ron Paul has said, “We ought not to tax money – and that’s a good idea. It makes no sense to tax money.” Reporting from the Tenth Amendment Center contributed to this report.
"Лицемерие может быть единственным последовательным руководящим принципом внешней политики США. Принцип "делай, как мы тебе говорим, а не как мы делаем" является основой бизнеса вашингтонской шайки." © Даниэл МакАдамс, сотрудник Института Рона Пола( "The Ron Paul Institute for Peace and Prosperity").
Authored by Adam Dick via The Ron Paul Institute for Peace & Prosperity, In a recent interview with host Wilmer Leon at the Inside the Issues show, former presidential candidate and United States House of Representatives Member Dennis Kucinich (D-OH) discussed how what Kucinich terms the “permanent government” has worked to ensure the United States continues pursuing destructive foreign interventions and to keep America “at the precipice of a much wider war” irrespective of who is president. “There’s an unbroken line going back over the last 30 years where American presidents have continued to proceed with an interventionism that has been counterproductive,” states Kucinich. This “continued commitment to a failed foreign policy of interventionism, of unilateralism, of first strike,” Kucinich continues, “imperils America,” “does not make us safer,” “separates us from the world community,” “has people looking to extract vengeance on Americans,” and “has made the world a more dangerous place.” Saying we need to look beyond the personalities of the succession of US presidents from George W. Bush to Barack Obama to Donald Trump, Kucinich recommends we “look at the foreign policy establishment of the United States of America” that, he explains, includes people in the State Department who have a neoconservative ideology, in the Pentagon who are dedicated to the military-industrial complex, and in the Central Intelligence Agency (CIA) who can “conjure conflicts” and “try to justify the further involvement of the military and the State Department.” This, Kucinich says, “is the permanent government, which we see reflected through Democrat and Republican administrations, no matter whether they are so-called conservative or liberal or populist; it’s all the same.” While this “permanent government” push for US intervention overseas has produced many harmful consequences, some of which Kucinich discusses in the interview, it also, he argues, produces the additional danger that it “keeps us at the precipice of a much wider war.” Listen to Kucinich’s complete interview here.
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Shutting down the Department of Education and returning control of the education dollar to the American people is the key to improving education. The best way to put the people in charge of education is by shutting down all unconstitutional bureaucracies, repealing the Sixteenth Amendment, and ending the Federal Reserve’s money monopoly. Since Congress is unlikely to restore constitutional, limited government in the near future, supporters of quality education must advance policies aimed at giving Americans control over the education dollar so they can seek alternatives to the federally-controlled system. This is why I have always supported education tax credits and deductions. When I was in Congress, I introduced legislation providing tax credits for contributions to education scholarship funds. These funds provide K-12 scholarships to low-income-family students whose parents cannot afford private schools. These scholarship funds allow these children to escape government schools that have been ruined by federal “reforms” like No Child Left Behind and Common Core, as well as mandates such as the ones dictating what can be served in school cafeterias. Including education scholarship tax credits in the tax reform bill currently before Congress would be a major step toward creating a free market in education. In a free market, parents could select the type of education that best suits the unique needs of their children, instead of the demands of politicians and bureaucrats. Schools could compete on the basis of academics, extracurricular activities, and even lunch menus. Those with unique and innovative education ideas would be free to establish schools and prove their models’ superiority. Moving to a free-market education system would increase the amount of money spent on educating children. This is because in a free market resources would not be siphoned away from the classroom to support a bloated federal bureaucracy and schools would not be force to waste valuable resources proving they are complying with federal regulations. By increasing competition, education scholarship tax credits encourage government-run schools to improve. The threat of losing more students may even cause local school boards and state boards of education to resist federal mandates. Thus, education scholarship tax credits can improve the education of all children. Some libertarians oppose education scholarship tax credits on the grounds that they are a form of government “subsidy.” Since education tax credits allow people to use their own money to support education, this claim only makes sense if one believes that all income is owned by the government, so any income not taxed away is a gift from government. This is a strange position for a libertarian to take! Other critics say that tax breaks for education (or any other item) distort the market. They also claim that these tax breaks cause income taxes to be higher than they would be without these credits. These critics may have a point, but the answer is to force Congress to cut spending and reduce or eliminate all taxes, not to take away existing tax breaks. Almost all Americans agree that education should be generously funded. The only question is who should control the education dollar — the federal government or the people. Anyone looking for the answer need only consider how American education has declined as the federal government’s role has increased. Education scholarship tax credits are an important step toward restoring control of education to the American people and providing a quality education to children from low-income families. Congress should help American children and include education scholarship tax credits in the tax reform bill.
Authored by Daniel McAdams via The Ron Paul Institute for Peace & Prosperity, Hypocrisy may be the only consistent guiding principle of US foreign policy. Here's a prime example of the "do as we say, not as we do" that is the core of how Washington does business overseas: In the same week that the the US Justice Department demanded that the Russian-backed RT America network register as a foreign propaganda entity or face arrest, the US State Department's Bureau of Democracy, Human Rights and Labor (DNL) has announced that it is launching a program to massively interfere in NATO-partner Hungary's internal media. So the US Justice Department is cracking down on RT America for what it says is manipulation of US domestic affairs while the US State Department announces a new program to manipulate Hungary's domestic affairs. The State Department's new program would send three-quarters of a million dollars to Washington-selected Hungarian media outlets to "increase citizens’ access to objective information about domestic and global issues in Hungary." On what authority does the United States pick winners and losers in Hungary's diverse media environment? Since when does one government have the right to determine what news is "objective" in another country? Hungary is not a country to be "regime-changed" -- it is a full democracy where the will of the people is regularly expressed at the ballot box and where the media competes freely in the marketplace of ideas. Washington's Hungarian media project is clearly meant to interfere in that country's domestic political environment. Here are the stated objectives of the US government's Hungary program: The program should improve the quality of local traditional and online media and increase the public’s access to reliable and unbiased information. ... Projects should aim to have impact that leads to democratic reforms, and should have the potential for sustainability beyond DRL resources. (emphasis added) The State Department's Bureau of Democracy, Human Rights, and Labor identifies its mission in this call for grantees as "promoting democracy and protecting human rights globally." So what is it doing in Hungary? Hungary has had nearly three decades of democracy since 1989 and hardly needs the United States to tell it what kind of media is allowed (subsidized) and which kind should be suppressed. In reality this is a US government program to ensure that the Hungarian media follows Washington's policy line. Hungarians are all too familiar with this kind of toxic interference from an outside superpower: it was called the Soviet Union. Does Washington really seek to take on that role? Stab in the back This US government intervention in Hungary's internal affairs must feel like a stab in the back to Orban and his government. Orban was an early -- and rare -- supporter of candidate Donald Trump among his European colleagues. Indeed, where Brusssels saw Trump as a gauche loudmouth, Orban openly admired the soon-to-be-president's position on immigration and particularly on the mass immigration of mostly Muslim "refugees" that has proven to be disastrous for so many European countries. Likewise, Viktor Orban's Fidesz party has managed to retain a high level of popularity through two election cycles by embracing and promoting the kind of nationalism that characterized Trump's successful campaign. Orban's early support for Trump appeared to have paid off. Where Fidesz had struggled to make any headway at all under GW Bush or Obama's State Departments, both of which were openly hostile, one of President-elect Trump's first moves was to invite Orban to the White House. Orban, for his part, hailed Trump on inauguration day, welcoming in an era where national interest takes precedent over multilateralism. As recently as last month, President Trump praised Viktor Orban, saying that the "strong and brave" Hungarian Prime Minister is "on my guest list.” Then Trump's State Department launched a program to undermine Hungary's national sovereignty by interfering in the Hungarian media market. It seems national sovereignty is a one-way street for Washington no matter who occupies the Oval Office. Hypocrisy...or policy consistency? But perhaps it's inaccurate to accuse the US government of hypocrisy in this case. After all, pressuring RT America with the intent of silencing the news network and spending our tax dollars propping up US-friendly media outlets in the Hungarian countryside are actually two sides of the same coin: the US government will tell you what kind of media you are allowed to consume. If you are a media network in the United States that allows voices who oppose Washington's neocon-dominated foreign policy they will shut you down. If you are a news outlet in the Hungarian countryside that spews the US party line, they will prop you up. Both cases are the same: your media will toe the US government official line or else. * * * Note to Washington: This is not 1950. Hungary has been a fully free and democratic country with plenty of free elections under its belt. It does not need you to come in and attempt to manipulate its newspapers and broadcast media. What would you do if China sent in a few million dollars to prop up US publications who agreed to push the Beijing line? What about if Tehran sent some money to publications pushing the Ayatollah party line? You cannot even tolerate RT America -- which is largely staffed by Americans but dares to feature prominent Americans who challenge the neocon foreign policy line. Hands off Hungary! Note to Viktor Orban: You risked arrest -- and worse -- in June, 1989 when you directly confronted the communists who were occupying your country. Now that Hungary's freedom has been won -- in no small way due to your efforts -- do not allow Washington's neocons to take it away from you! If you do not confront this violation of Hungarian sovereignty, the neocons will continue to increase the pressure. The neocons want you out! Just this week, neocon commentator Anne Applebaum wrote that you are a "neo-Bolshevik" who has "little to do with the right that has been part of Western politics since World War II, and...no connection to existing conservative parties." Do a little research and you will notice that Applebaum is a member of the International Advisory Council of the Center for European Policy Analysis -- the organization your own government funded for a big conference this summer! Neocon knives are out for you. You'd be smart to make a better assessment of who are your friends and enemies in the United States...before it's too late.
The media and pundits are attacking President Trump for not hitting Philippines President Duterte on Human Rights and for other "blunders" on his extensive Asia tour. But are the critics missing the point to score political points? The Financial Armageddon Economic Collapse Blog... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
Washington DC is not buzzing with activity so that taxpayers can be permitted to keep more of their earnings. Washington and the surrounding areas are some of the richest places in the entire country. While it may appear that government cuts taxes in one area, they always make sure to raise... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
Today the Saudi government ordered all Saudis out of Lebanon, as "resigned" Lebanese Prime Minister Hariri is said to be under house arrest in Saudi Arabia. Simultaneously, the Saudi Crown Prince is increasing pressure against Iran, blaming the country for supplying a missile to Yemen that targeted... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
Prepare For Interest Rate Rises And Global Debt Bubble Collapse - Diversify, rebalance investments and prepare for interest rate rises- UK launches inquiry into household finances as £200bn debt pile looms- Centuries of data forewarn of rapid reversal from ultra low interest rates- 700-year average real interest rate is 4.78% (must see chart)- Massive global debt bubble - over $217 trillion (see table)- Global debt levels are building up to a gigantic tidal wave- Move to safe haven higher ground from coming tidal wave Editor: Mark O'Byrne Source: Bloomberg Last week, the Bank of England opted to increase interest rates for the first time in a decade. Since then alerts have been coming thick and fast for Britons warning them to prepare for some tough financial times ahead. The UK government has launched an inquiry into household debt levels amid concerns of the impact of the Bank of England's decision to raise rates. The tiny 0.25% rise means households on variable interest rate mortgages are expected to face about £1.8bn in additional interest payments whilst £465m more will be owed on the likes of credit cards, car loans and overdrafts. The 0.25% rise is arguably not much given it comes against backdrop of record low rates and will have virtually no impact on any other rate. However it comes at a time of high domestic debt levels, no real wage growth and a global debt level of over $217 trillion. Combined with low productivity across the developed world, experts are beginning to wonder how the financial system (and the individuals within) will cope. After a decade of seeing negative real rates of interest many investors will be quietly celebrating that they may be about to see a turnaround for their savings. Many hope they will start being rewarded for their financial prudence as opposed to the punishing saving conditions of the last decade. In reality this will not be the case, at least for some time. Savers and investors alike need to begin to prepare their portfolios for interest rate rises against a backdrop of crisis-triggering debt levels and unproductive economies. Economies are junkies addicted to credit Unsurprisingly, credit levels are equal to the increase in private debt every year. Credit is when people spend money that isn't their own but instead borrow from banks. The bigger private debt levels are compared to a country’s GDP, the more the economy is dependent on credit. Economic growth becomes addicted to credit. Therefore, the bigger the accumulated debt is when compared to GDP, the more likely it is an economic crisis will happen when credit levels are reduced. An increase in interest rates means a decrease in credit levels. Especially in countries such as the US and UK where there has been no increase in real wage rates and there is a generation unprepared for an increase in the price of debt. Consider the UK. When Mark Carney announced a decade-first increase in interest rates it was by a meagre 0.25%. Panic hit the newspapers; how would people with variable mortgages manage? No one thought to ask, what are people who cannot manage a tiny increase in the cost of debt doing being allowed to borrow in the first place? Currently debt-to-GDP ratios in the UK are not quite at pre-crisis or Great Depression levels. However they are fast approaching and they are at those levels globally. This combined with rising levels of interest rates makes for a tricky future and one that places savers and investors capital at risk. 700 year data forewarns of sudden interest rate turnaround According to Bank of England guest blogger Paul Schmelzing as reported by Bloomberg the 700-year average real rate (the benchmark interest rates minus inflation) over the last 700 years (see chart at top) has been 4.78% and the average for the last two hundred years is 2.6%. Unsurprisingly he notes “the current environment remains severely depressed”. More worryingly Schmelzing believes we have been in a downward trend for the last 500-years. Upon closer inspection, it can be shown that trend real rates have been following a downward path for close to five hundred years, on a variety of measures. The development since the 1980s does not constitute a fundamental break with these tendencies. Why is this worrying? Because the bounce back is not only inevitable, but will also be painful and sharp: Most reversals to “real rate stagnation” periods have been rapid, non-linear, and took place on average after 26 years. Within 24-months after hitting their troughs in the rate depression cycle, rates gained on average 315 basis points, with two reversals showing real rate appreciations of more than 600 basis points within 2 years. How will we know if such a correction is headed our way? Aside from the fact that central banks are beginning to increase rates of their own volition there are other macro indicators, many of which resonate with the current environment: Most of the eight previous cyclical “real rate depressions” were eventually disrupted by geopolitical events or catastrophes, with several – such as the Black Death, the Thirty Years War, or World War Two – combining both demographic, and geopolitical inflections...the infamous “Panic of 1873” heralded the advent of two decades of low productivity growth, deflationary price dynamics, and a rise in global populism and protectionism. Sound familiar? $217 trillion global debt bubble set to pop Currently the total global debt bubble is over $217 trillion, with little sign of it slowing. We have built a so-called economic recovery on debt. Spending has been encouraged on a pile of low interest rates and easy-to-reach cheap lines of credit. It has not been encouraged with the thought that one day interest rates will have to climb. A sudden uptick in interest rates could not come at a more precarious time for global finances. It is not just personal debt levels that are of concern, especially when the Bank of International Settlements is aware of $13 trillion of 'missing debt'. In September this year the BIS said it was hard to assess the risk this “missing” debt poses, but its main worry was a repeat of events in the financial crisis: a liquidity crunch like the one that seized FX swap and forwards markets. It is safe to say that a decade on from the global financial crisis we now have the makings of a new one. Global debt woes are building up to a tidal wave As Dambisa Moyo explained in the FT in 'Global debt woes are building up to a tidal wave': In November last year, unsecured household debt in the UK passed pre-financial crisis highs in 2008. In the UK, debt excluding student loans crept up to £192bn, the highest figure since December 2008, and it continues to rise this year. Meanwhile, in the eurozone, debt-to-GDP ratios in Greece, Italy, Portugal and Belgium remain over 100 per cent. As of March there were more than $10tn negative yielding bonds in Europe and Japan. With or without moderate interest rate increases, debt on a global level is becoming more expensive as markets price in further rate hikes. Add to this the global imbalances we see across the globe it is becoming increasingly questionable how so many countries will manage to service these debts. Clouded judgement of central bankers When the Bank of England's Mark Carney issued a statement following the 0.25% increase, he was clearly down about the future prospects for the UK. He was so wary about encouraging any kind of positivity regarding Brexit and the country's productivity that he almost warned against sharp future rate rises. The pound dropped unexpectedly in the wake his candidness. What's worrying to investors is that Carney (and other fellow bankers) seem to feel interest rate rises are almost to be done at whim. In truth, they are unlikely to have much more time before they are forced to hike rates and then it will be far more dramatic than a gesture of 0.25%. This is worrying because the economy is unlikely to be strong enough to handle such a change. In turn this will impact economies, financial markets and assets - especially risk assets. Many economists argue that it is only growth that can pull us out of this situation but we now live in a world where we only know how to create growth from debt. We do not know how to grow a healthy economy without the dripping syringe of the current debt based banking and monetary system. This is the case both in people's homes and in the highest government offices. It is an epidemic of global proportions. Investors need to protect themselves from the addictive nature of these behaviours. We all know what happens to those who are unable to cut themselves off. They find excuses and then they come knocking for help. This is where you must ensure your finances are protected. and you are not forced to "help" the reckless bankers and their dangerous monetary system. Move to safe haven higher ground from coming debt tidal wave As we have discussed previously, the global debt bubble is prompting the wealthiest to diversify into gold. Wealthy investors and some of the world's largest institutions in the world, including Lord Rothchilds, Ray Dalio and insurance company Munich Re, have all expressed their desire to protect their portfolios from the next financial crisis. The next financial crisis may well be preceded by something we did not experience ten years ago but is now a very real scenario - bail-ins. As banks struggle to retrieve payments from those unable to service debts they will begin to falter. Governments will need to step-in. 'Luckily' for them they had the foresight to agree that bail-ins could happen. This places your investments and especially your deposits at arguably greater risk than before the first financial crisis. With this in mind, follow the likes of Munich Re and prepare your portfolio against counterparty risk, unforeseen consequences of interest rate climbs and the collapse of the global debt bubble. Avoid ETF and digital gold and dependence on single counter parties and have outright legal ownership of segregated, allocated gold bullion coins and bars. Related Content Gold Protect From $217 Trillion Global Debt Bubble Global Debt Bubble Sees Wealthy Diversify Into Gold World Is Now $199 Trillion In Debt News and Commentary Gold holds steady at near three-week high as dollar firms (Reuters.com) Asia Stocks Test Record High, Extend Global Rally (Bloomberg.com) Indian Silver Imports Spiked 152% in September (SmaulGld.com) Palladium just settled above $1,000 an ounce for first time since 2001 (MarketWatch.com) Bitcoin surges to new high on reports software ‘fork’ suspended (Reuters.com) Source: Bloomberg America’s ‘Retail Apocalypse’ Is Really Just Beginning (Bloomberg.com) A Monstrous Bubble - The Destroyer Called Amazon (InvestmentWatchBlog.com) Central Banks Will Destroy The Planet - Nomi Prins (Youtube.com) World's witnessing a new Gilded Age as billionaires’ wealth swells to $6tn (TheGuardian.com) We Are Reaching A Point Of No Return - Ron Paul (GoldSeek.com) Gold Prices (LBMA AM) 09 Nov: USD 1,284.00, GBP 980.98 & EUR 1,106.29 per ounce08 Nov: USD 1,282.25, GBP 976.82 & EUR 1,105.43 per ounce07 Nov: USD 1,276.35, GBP 970.92 & EUR 1,103.28 per ounce06 Nov: USD 1,271.60, GBP 969.72 & EUR 1,095.61 per ounce03 Nov: USD 1,275.30, GBP 976.24 & EUR 1,094.59 per ounce02 Nov: USD 1,276.40, GBP 965.09 & EUR 1,095.92 per ounce01 Nov: USD 1,279.25, GBP 961.48 & EUR 1,099.52 per ounce Silver Prices (LBMA) 09 Nov: USD 17.10, GBP 13.03 & EUR 14.69 per ounce08 Nov: USD 17.00, GBP 12.96 & EUR 14.65 per ounce07 Nov: USD 17.01, GBP 12.95 & EUR 14.70 per ounce06 Nov: USD 16.92, GBP 12.90 & EUR 14.59 per ounce03 Nov: USD 17.09, GBP 13.05 & EUR 14.67 per ounce02 Nov: USD 17.08, GBP 12.98 & EUR 14.66 per ounce01 Nov: USD 16.94, GBP 12.74 & EUR 14.55 per ounce Recent Market Updates - Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’- World’s Largest Gold Producer China Sees Production Fall 10%- German Investors Now World’s Largest Gold Buyers- Gold Price Reacts as Central Banks Start Major Change- Why Switzerland Could Save the World and Protect Your Gold- Invest In Gold To Defend Against Bail-ins- Stumbling UK Economy Shows Importance of Gold- Wozniak and Thiel Fuel Bitcoin-Gold Debate: Gold Comes Out On Top- Russia Buys 34 Tonnes Of Gold In September- Gold Will Be Safe Haven Again In Looming EU Crisis- Gold Is Valuable Due to “Extreme Rarity” – Must See CNN Video- Gold Is Better Store of Value Than Bitcoin – Goldman Sachs- Next Wall Street Crash Looms? Lessons On Anniversary Of 1987 Crash Important Guides For your perusal, below are our most popular guides in 2017: Essential Guide To Storing Gold In Switzerland Essential Guide To Storing Gold In Singapore Essential Guide to Tax Free Gold Sovereigns (UK) Please share our research with family, friends and colleagues who you think would benefit from being informed by it.
Недавно в США был опубликован очередной ежегодный отчёт по публичной дипломатии и международному вещанию. В документе делается упор на американское глобальное влияние при помощи «мягкой силы». Очевидно, Вашингтон не намерен отказываться от концепции «однополярного мира». Тем временем в США составляются безумные списки «экспертов» канала «RT», куда угодили даже отъявленные русофобы. Мы не удивимся, если возле имени Линдси Грэма там скоро появится имя его соратника Джона Маккейна, известного «друга России».
If Russia hacked the DNC, why were they so obviously scared of giving their servers to the F.B.I. for evidence of Russian hacking? Why were they so scared that they went with Crowdstrike instead? I mean, if you want to prove that Russians hacked the DNC, how is Crowdstrike more dependable and... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
If Russia hacked the DNC, why were they so obviously scared of giving their servers to the F.B.I. for evidence of Russian hacking? Why were they so scared that they went with Crowdstrike instead? I mean, if you want to prove that Russians hacked the DNC, how is Crowdstrike more dependable and... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
Electronic Gold: The Deep State’s Corrupt Threat to Human Prosperity and Freedom Posted with permission and written by Stewart Dougherty, Inferential Analytics “There are crooks everywhere you look now. The situation is desperate.” Final blog entry by Daphne Caruana Galizia, 53, renowned Maltese investigative reporter who specialized in exposing state corruption; posted on 16 October 2017, one day before she and her vehicle were blown to bits by a car bomb in Bidnija, Malta In 2011, gold pulled a “Bitcoin” before anyone even knew what Bitcoin was: its price went vertical to $1,900 per ounce. Inflation-adjusted, the price was still far below its 1980 all-time high, and from all indications, it was going to keep heading north toward its free market print. In surging, gold blurted out the Deep State Central Planners’ strategy for dealing with the Great Financial Crisis: the hyperinflation of bond, equities and real estate prices via the hyperinflation of both official and totally clandestine, off-the-books money supply, in order to create the hyperinflation of tax revenues desperately required by the government to forestall its fiscal collapse. Gold’s exposure of the Deep State Central Planners’ secret strategy was absolutely unacceptable to them, and had to be stopped. Worse, gold’s price breakout interfered with the continuation of the largest and most profitable financial crime in history: gold price manipulation. As we have outlined in previous articles, including “Gold and Silver Price Manipulation: The Biggest Financial Crime in History,” from its commencement in 1980, this crime has netted its perpetrators more than $1 trillion in criminal, Mafia-style profits. The epic scale of this crime is exactly why it continues unabated to this day. (While the gold price rigging crime is virtually identical to the manipulation of silver prices, in the interests of brevity, we will solely focus on gold in this article.) The weapon used in the gold price manipulation crime is paper, or, better stated, electronic gold in five distinct forms: gold futures; gold options on futures; bullion-bank controlled, deliberately audit-proof gold ETFs; gold EFPs (Exchanges for Physical); and the equities of bullion bank-controlled major mining companies. (The major miners serve the bullion banks, not their shareholders, and have actively participated in gold’s price destruction for years, starting with the “hedging” campaign that handed guaranteed profits to the banks and pitiful share prices to the stakeholders.) These electronic (in other words, non-physical and unreal) gold products are used by Deep State financial insiders to misdirect funds intended by investors to flow into gold, away from gold. Those who “invest” in electronic gold are, in fact, aiding and abetting the exact financial criminals who are stealing from them. The Deep State financial elite is laughing itself sick that suckers still fall for the electronic gold scam nearly four decades after they first hatched it and after already having stolen $1 trillion from their marks. Proof that many people in our world never learn. Simplified, the gold price rigging scam works by the orchestrators allowing natural market forces to increase the price in roughly $50 – 100 increments, whereupon they unleash massive, synchronized, simultaneous, shock-and-awe-style naked short sales, unbacked by any physical gold they actually own, that take the price right back down by $50 to $100 in a matter of minutes to a few days. This forces the price-attacked longs to dump their losing positions, enabling the shorts to cover at an illegal profit. Each such large-scale price raid produces hundreds of millions of dollars in profits for the criminal orchestrators, not just from the futures market, but from the companion options, swaps and equities markets, all of which act in unison, and in a price-predictable up or down manner. This identical wash, rinse, repeat cycle has occurred literally hundreds of times over the past 38 years, with no serious investigations or prosecutions whatsoever in that this is official, state-sponsored, for-profit corruption. For any one of hundreds of reasons, gold should be in a raging bull market at this time. Given that its price remains lackluster and greatly disappointing, rich gallows humor has emerged as a form of therapy for those attempting to deal with the irrationality of it all. One gallows joke that made the rounds was that if nuclear war were declared, gold’s price would go down and the DJIA would go up. While this was a funny take on the absurdity of the situation, it seemed a bit far-fetched. In an October 20, 2017 podcast interview, Mr. James Rickards, a leading public commentator on gold, stated that he had spent the previous day in an extremely exclusive national intelligence planning session overseen by CIA Director Mike Pompeo and National Security Advisor H.R. McMaster. Rickards reported that Pompeo told him, categorically, that military action will be taken against North Korea within 5 months, or by March 20, 2018. Rickards also reported that the group was informed that the assassination of Kim Jong Un is one U.S. military option officially on the table. In the trading days after Mr. Rickards made that public announcement, the price of gold declined and the DJIA hit record highs. In the practice of Inferential Analytics, the forecasting method we developed and use, we pay rapt attention when gallows humor becomes gallows fact, because it invariably signals that something is seriously wrong. As practitioners and students of professional, CIA-style human manipulation, mind control and propaganda campaigns know, they are driven by misdirection, reverse psychology, twisted narratives, head fakes, false flags, imposters, blind alleys, Judas goats, projections, and the invention and dissemination of elaborate lies, told by professional liars, that are the exact opposite of reality. Such techniques are now being used to keep the gold price manipulation and electronic gold frauds alive, well and gushing profits for the insider looters. The challenge faced by those who conduct professional swindles and stings is that such schemes burn through victims. The defrauded either go bankrupt, or wake up and get out. Therefore, con artists must constantly trawl for new suckers to screw. In the case of the gold price manipulation swindle, the insider con men must find ways to lure new, naïve, outsider money onto the insider-controlled Gold Looting Field, in order for there to be fresh market liquidity for the insiders to sell into and plunder. This is becoming increasingly difficult, given that the insider criminals have been systematically screwing investors for nearly 40 years, have destroyed the gold market’s reputation, and have ravaged the prospect base of patsies. Therefore, the gold market price wreckers are now in the paradoxical situation of needing to make, via controlled spokespersons and/or by riding on the coattails of independent, non-aligned commentators, a high-profile, bullish case for gold. The rigging of gold persists without regulatory or legal interference because it is based on a straightforward deal between the profiteering Deep State financial elite, and the western governments they control: the criminals are allowed to manipulate the gold market however brazenly they wish and keep whatever sums they steal, as long as they keep the gold price under control. Gold price control is critical to states’ official monetary, fiscal and economic narratives, all of which are false. If the gold price were to get out of control, as it started to do in earnest in 2011, this would fatally contradict the states’ false narratives. Freed at this juncture, gold could easily ascend to $10,000 per ounce, which would announce to the people that reality is not what they are being told. Mr. Rickards has been an unrelenting gold bull for several years. His first book was published in 2011, not long after the gold price had taken on momentum, and he has been a highly-visible pundit ever since. He expresses his views on all of the major business networks, in hundreds of radio and podcast interviews, and in articles and newsletters distributed all over the world. Mr. Rickards positions himself as an “Insider’s Insider,” repeatedly referencing his connections to and interactions with the intelligence community and financial elite. Additionally, he has publicly stated that he has coordinated and participated in simulated financial war games developed for high level government, intelligence community, academician and private commercial sector participants. The purpose of these financial war games is to simulate the means by which nations might attack one another financially, as opposed to militarily, as the so-called art of war evolves. Mr. Rickards states his views clearly and with conviction, and he can be quite convincing. Despite his compelling forecasts between 2011 and now for a surging gold price (he has stated that $10,000 per ounce gold is likely), the price has, in fact, plunged from $1,900 to $1,280 today, while virtually every other asset class, including stocks, bonds, real estate and even ethereal cryptocurrencies has surged. Some of Rickards’s recent and current predictions include these: 1) Kevin Warsh would be named Chairman of the Federal Reserve. Such a development would have been bullish for gold, because Warsh is said to oppose the exact kind of market manipulation that has been practiced by the Fed and that has criminalized the gold market for years. As we now know, this prediction was wrong, and subsequent to Powell’s nomination, the price of gold went down. 2) He categorically asserts that there will be no Federal Reserve rate hike in December, 2017. Obviously, this would be extremely bullish for gold, and anyone who believes the prediction should aggressively buy it at this time. The problem is that, barring some kind of extraordinary exogenous event, it is highly likely to be wrong. Interest rates will almost certainly be raised in December, regardless of economic conditions. If they are not, the Fed’s economic narrative will unravel and its credibility will be shredded, something that no central bank can allow to happen. 3) A new prediction is that there will be a government shut down this December, due to federal debt limit increase disputes among politicians. This would be bullish for gold and bearish for financial markets. In our view, this prediction is also destined to be wrong. With Republicans in control of the House, Senate and White House, they would totally “own” such a shutdown, which citizens detest, and this could only hurt them in the November, 2018 elections. We doubt they will allow this to happen. 4) The prediction that war with North Korea and/or the possible assassination of Kim Jong Un will occur by March 20, 2018 remains on the table. It is hard to imagine a story line more bullish for gold, given that such a war will almost certainly be nuclear and could swiftly morph into World War III. The global “rush to safety” in such a situation would be historic. Over the past several years, Rickards has made literally dozens of similar, gold-bullish predictions, and yet the gold price has gone down to nowhere during the same period. As we can see, even excellent rationales for a rising price of gold, along with basic common sense, do nothing to create that outcome. The reason for this is simple: the gold market has been completely corrupted. By publicly revealing specific content from the Pompeo / McMaster planning session, Rickards indicated that he is an official spokesperson for the Central Intelligence Agency and the national security complex. Because if the meeting Mr. Rickards reported upon actually occurred and if he actually attended it (and Mr. Rickards is a credible figure whose veracity we have no reason whatsoever to doubt), we simply cannot believe that he could have publicly revealed what transpired at it without the direct, formal authorization of Messrs. Pompeo and McMaster, its hosts. Further, we would think that Pompeo and McMaster would have required President Trump’s authorization to facilitate the public release, via Rickards or anyone else, of the timeline for war with North Korea and the nation’s active assassination options. If correct, this would mean that Rickards is a direct spokesperson for the CIA, the National Security Advisor, and by extension, President Trump. Therefore, we are faced with an extremely curious situation where a direct consultant to and spokesperson for the Director of the Central Intelligence Agency, the National Security Advisor and the President of the United States is also one of the most high profile cheerleaders in the world for gold. This is an extraordinary paradox, because we know that the Federal Reserve, U.S. Treasury, banks, brokerage houses, insurance companies, mutual fund corporations, pension fund managers and virtually every other participant in the United States financial services juggernaut have absolutely no interest in or anything whatsoever to gain from the people finally waking up to and acting upon the astoundingly bullish case for gold. So we ask ourselves: Why would the government wish to align with someone who popularizes a point of view (“buy gold because it is going to $10,000 per ounce”) that is a direct threat to it and to the Deep State financial elite it serves? This would be like the Fed hiring Ron Paul, who wrote a book entitled “End the Fed,” to become one of its official champions and spokespersons. Can anyone imagine that happening? As we can see, this is a very complex and confusing situation. While the bullish case for gold is directly contrary to the interests of the financial establishment generally, it is of extreme interest and benefit to the subset of the establishment that has made more than $1,000,000,000,000.00 in illegal profits over the past forty years by rigging the gold market, and that wishes to steal as much additional money as they can get away with. No matter who writes them, gold-bullish commentaries are extremely helpful to the gold price rigging cartel, which needs constant capital injections into the electronic gold market in order to keep its looting spree going. By making his particularly cogent and compelling bullish arguments for gold, and given his stature, credibility and connections, Rickards is a God send to the price riggers. Over the years his work must certainly have heightened investor interest in gold and resulted in sizable fresh flows of investment capital pouring onto the electronic gold Looting Field. It is likely that people at the highest levels of the Deep State financial elite fully realize that a large migration of the people’s money into precious metals is virtually inevitable, given the government’s urgent need to hyper-inflate money supply and massively stimulate the economy in order to hyper-inflate tax receipts, the only way it can avoid collapse. Ultimately, this is guaranteed to create severe, generalized consumer price inflation. Historically, hyperinflation has always resulted in a significantly higher gold price. With massive and increasing structural deficits; exploding debt in all sectors; hostile demographics; social and political fracturing and disintegration; grotesque wealth inequality; extraordinary global trade competition; a complete collapse of respect for vital government organizations such as the Justice Department and FBI, which the people now realize have gone rogue; an extremely complex and corrosive global geopolitical environment; the real prospect of war, potentially nuclear and worldwide; not to mention numerous additional factors, we can only point to few other times in history more dangerous to the people’s financial welfare, and therefore more overall bullish for gold, one of the only financial sanctuaries proven to work in times of dislocation. If a large move into precious metals is going to happen whether the Deep State financial elite likes it or not, they realize they must at least do everything possible to control where those funds go, while they still can. This means they must ensure that as much money as possible flows into electronic gold products controlled by them, and not into physical gold privately owned and controlled by citizens. In our consumer research, we have found that the average U.S. citizen is literally clueless when it comes to gold. They are almost completely unaware of the gold products available to them, the prices of those products, or even where to buy them. After two generations of being deliberately educated in total ignorance about gold, none of this should come as a surprise. Knowing next to nothing about physical gold or the mechanics of buying it, they feel intimidated by the subject. Therefore, the simple fact is that if they do decide to buy gold, the path of least resistance leads them to electronic gold. Financial services industry employees are trained to talk customers out of buying gold. They do this by pointing out its price volatility and riskiness. (The public has no idea that the gold price is manipulated, and fake.) If the customer still wants to buy it, then the broker steers them into electronic gold, such as bullion bank-controlled ETFs and major mining company equities. This sterilizes the investor’s funds, and prevents them from being used to buy physical precious metals, which would interfere with the price rigging crime by increasing physical demand for and the price of gold, given its consistently tight supplies. It would also lessen capital flows onto the Gold Looting Field, the exact opposite of the Deep State manipulators’ agenda. Over the past several years, there have been many, highly sensationalized mainstream media reports about counterfeit gold, such as the report last year about a few ten ounce PAMP gold bars with tungsten cores. To listen to the MSM, one would think that all of the physical investment gold in the world is fake. The fact is that the overwhelming majority of physical investment gold is genuine. Counterfeit gold hysteria is yet another spoke of the anti-physical gold propaganda wheel whose function is to scare people away from real physical gold personally owned and controlled by them, and into fake electronic gold controlled by the Deep State financial elite. The Deep State financial elite fully understands that it cannot prevent all investment funds from reaching physical gold. But they do not need to in order to maintain their price rigging scheme, or to continue making significant profits from the electronic gold products they distribute and manage. In fact, just as they benefit from the bullish case for gold that results in funds continuing to flow onto the Gold Looting Field, they also benefit when commentators speak about the virtues of personally owned physical gold. They fully realize that any commentator who recommends gold but also says that people should not personally own any of it would lose credibility. So it is completely fine with them when a gold booster such as Mr. Rickards makes positive comments about, for example, gold Maple Leafs, which he has done. They realize that as a practical matter, the average person is going to find the purchase of physical investment gold too difficult and intimidating to pursue, and will gravitate to electronic gold, even though some of them might buy some Maple Leafs. Apple does not need 100% smart phone market share to be enormously profitable, and neither does the Deep State financial elite need 100% gold market share to make massive gold profits, which they do. The larger purpose behind the Deep State’s electronic gold products, beyond current profits, is to concentrate investment gold in a select number of locations that will be easy to control and raid when the time comes. When the gold price is reset, most likely by China and an outcome we view as inevitable, western governments will move fast to prohibit its private ownership. The Deep State elite, which for decades has exhibited an endless lust for other people’s money and greed that is beyond biblical, is simply not going to allow every day citizens to benefit from gold holdings that have surged in value. Therefore, when the Deep State elite realize that they have lost control and the price is about to be reset, they will pre-emptively cash-settle their electronic gold products in fiat currencies that will subsequently plunge in value, and abscond with the physical gold that backs such products. For investors, electronic gold is nothing but modern day Fools’ gold. For the Deep State, it is a free ride, on investors’ backs, to the most massive physical gold theft of all times. Taken together, we believe these factors present a compelling argument why investors should exit all of the electronic gold products specified at the beginning of this article, and convert the proceeds into physical gold and/or non-Deep State-controlled equities of companies in which they have full confidence that managements are working for them, not the bullion banks. The fact is that the Deep State manipulation of the gold price is never going to end until people stop buying electronic gold and providing the liquidity the Deep State needs to continue perpetrating the gold price rigging crime. More than 100 years ago, Dostoyevsky wrote: “Money is coined liberty, and so it is ten times dearer to the man who is deprived of freedom. If money is jingling in his pocket, he is half consoled, even if he cannot spend it. But money can always and everywhere be spent, and, moreover, forbidden fruit is sweetest of all.” When honest money is attacked, so is human freedom. Because it is impossible for human beings to be free if their currency is a fraud and they are at the same time prohibited from owning honest money. The gold price is, in fact, a barometer of human liberty. When it is fake, there is slavery; when it is honest, there is freedom. Thanks to the Deep State financial elitists, for whom fraud and plunder are a way of life, the gold market has been a cesspool of corruption for nearly forty years. And as we can see, corruption has metastasized throughout the world. “There are crooks everywhere you look now. The situation is desperate,” said Daphne Caruana Galizia, prior to being assassinated for her work and courage. May she rest in peace. In the coming hurricane, the rest of us are going to need to exhibit her same bravery to fight the crooks who have corrupted our world and our futures with their nauseating arrogance, greed, and immorality. Questions or comments about this article? Leave your thoughts HERE. Electronic Gold: The Deep State’s Corrupt Threat to Human Prosperity and Freedom Posted with permission and written by Stewart Dougherty, Inferential Analytics
Authored by Adam Taggart via PeakProsperity.com, Dr. Ron Paul has long been a leading voice for limited constitutional government, low taxes, free markets, sound money, civil liberty, and non-interventionist foreign policies. Dr. Paul served as the US Representative for Texas’s 27th Congressional District from 1976 to 1985. He then represented the 14th district from 1977 to 2013. He ran for the office of US President, three times, most recently in the 2012 Republican primaries. Dr. Paul also had a long career as an OBGYN over which he delivered more than 4,000 babies. The recent author of the book, The Revolution At Ten Years, Dr. Paul looks ahead at the future of the movement he helped launch -- tackling central planning, the military empire, cultural Marxism, the surveillance state, the deep state, and the real threats from these institutions to our civil liberties. As a multi-term member of Congress, Dr. Paul knows the players and policies responsible for the growing unfairness and inequality now rampant in society. He does not expect the offenders will reform willingly. Instead, he predicts the system will collapse under its own unsustainability -- offering a rare and valuable chance then for more sound and fair solutions to prevail: Wealth doesn’t come from the creation of money, especially a fiat system. With too much fiat money and all this credit, eventually the economy becomes exhausted and engulfed with debt and mal-investments. The treatment for this is a correction; you have to allow the debt to be liquidated. You have to get rid of the mal-investment and you have and to allow real economic growth to start all over again. But that wasn’t permitted in ’08 and ’09, which is why there’s been stagnation. It's hard to believe that today we have negative interest rates -- real rates are negative and people still aren’t grabbing them up! A shortage of money isn't the problem here; rather, it’s a shortage of understanding market conditions. We’re over-taxed and over-regulated. This is resulting in a destructive system that has divided the country into two groups: those who haven’t recovered from the Great Financial Crisis versus those who are getting very rich because they're on the receiving end of the new money created by the Federal Reserve. The people who get to create the credit get to distribute the credit, which always results in a situation where money becomes unfairly distributed, as its allocation is no longer dependent on productivity. We haven’t changed anything. We still have a system where we encourage people to borrow money, that debt doesn’t matter, and we’re not going to cut taxes, and we’re not even going to admit that we spend too much money. Nobody can cut anything -- that’s why Washington is at a stalemate. A lot of people don’t like Obamacare, but there’s enough people who do like it. Once it has been implemented, it’s very hard to get rid of a program. I also don't think that the proposed tax reforms will actually lower taxes. They never do. Our politicians won’t admit where the real problem lies: overspending, monetizing the debt, taking over the whole world through the monetary system, financing wars, financing welfare and the military industrial complex. It’s going to continue until this whole thing comes apart. The eventual event will be driven by the marketplace. When it comes undone, they will no longer be able to prop things up just by printing more money. If we have a sharp downturn and they decide, "Well, QE didn’t work because it wasn’t enough." and they double QE, there’ll be a point of no return and all confidence will be lost. We’ll dump the dollar. Interest rates will go up instead of down. That will make all the difference in the world because it will be unsustainable and create real challenges for the dollar remaining the reserve currency. When the dollar no longer serves as the world's key currency, that’s when the ballgame will be over. Click the play button below to listen to Chris' interview with Dr. Ron Paul (29m:56s).
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Last Thursday, congressional Republicans unveiled their tax reform legislation. On the same day, President Trump nominated current Federal Reserve Board Governor Jerome Powell to succeed Janet Yellen as Federal Reserve chair. While the tax plan dominated the headlines, the Powell appointment will have much greater long-term impact. Federal Reserve policies affect every aspect of the economy, including whether the Republican tax plan will produce long-term economic growth. President Obama made history by appointing the first female Fed chair. President Trump is also making history: If confirmed, Powell would be the first former investment banker to serve as chairman of the Federal Reserve. Powell’s background suggests he will continue Janet Yellen’s Wall Street-friendly low interest rates and easy money policies. Powell is an outspoken opponent of the Audit the Fed legislation. In 2015, Powell delivered an address at Catholic University devoted to attacking Audit the Fed. Like most Fed apologists, Powell claims the audit would compromise the Fed’s independence and allow Congress to control monetary policy. However, like all who make this claim, Powell cannot point to anything in the text of the audit bill giving Congress any power over the Federal Reserve. Powell’s concerns about protecting the Fed’s independence are misplaced, as the Fed has never been free of political influence. The Fed has a long history of bowing to presidential pressure to tailor monetary policy to help advance the president’s political and policy agenda. The Republican tax cut plan has some positive elements, such as increasing the standard deduction, creating a new family tax credit, eliminating the death tax, reducing the corporate tax rate, and lowering taxes on small businesses. It also has some flaws, such as the “millionaire surcharge” imposed on upper-income taxpayers. This provision reflects a belief that upper-income taxpayers only “deserve” a tax break if reducing their taxes serves the interest of government by increasing economic growth. The worst part of the tax plan is that it adopts the chained consumer price index (chained CPI). Chained CPI is a way of measuring CPI that understates inflation’s effects on our standard of living. It does this by assuming inflation has not reduced Americans’ standard of living if, for example, people can buy hamburgers when they can no longer afford steak. This so-called full substitution ignores the fact that if individuals viewed hamburgers as a full substitute for steak they would have bought hamburgers before Fed-created inflation made steak unaffordable. Chained CPI increases the inflation tax. The inflation tax may be the worst of all taxes because it is hidden and regressive. The inflation tax is not even a tax on real wages. Instead it is a tax on the illusionary gains in income caused by inflation. The use of chained CPI to adjust tax brackets pushes individuals into higher tax brackets over time. Politicians love the inflation tax because it allows them to increase taxes without having to vote for higher rates. Instead, the Fed does the dirty work. Since their creation in 1913, the Federal Reserve and the income tax have both enabled the growth of the welfare-warfare state and the erosion of our freedom and economic well-being. The key to restoring our liberty and prosperity, as well as avoiding a major economic crisis, is reversing the great mistakes of 1913 by repealing the 16th Amendment and auditing and ending the Federal Reserve.
A batch of the ads was released Wednesday by members of the House intelligence panel.
В Сети обнаружился документ «Платформа Кремля для создания управляемых идиотов Запада». В ней фигурируют Рон Пол, Берни Сандерс, Колин Пауэлл, Майкл Флинн, Кен Ливингстон, Найджел Фараж, Джереми Корбин, Джулиан Ассанж, Ноам Хомски, Стив Возняк и Далай-Лама.
Пока от России требовали перестать наносить удары по умеренным сирийским террористам, разрешив только избирательно бомбить НЕ-умеренных, вскрылось, что Госдеп США сам отправил в Сирию Toyota, которые как раз и оказались в руках неумеренных ИГИЛ через умеренных любимых "сукиных сынов" США.Ранее американские власти потребовали от Toyota объяснить наличие у боевиков ИГИЛ большого количества японских внедорожниковфото: REUTERS/StringerАмериканский Институт мира и процветания Рона Пола раскрыл загадку о том, откуда у боевиков ИГИЛ оказались в распоряжении сотни автомобилей марки Toyota. Оказалось, что в 2013–2014 годах Госдеп США и британское правительство поставляли эти джипы «Свободной сирийской армии», которая борется против режима Башара Асада. Политолог Тони Карталуччи ссылается на данные американского радио — Public Radio International и английской газеты The Independent. Ранее власти США потребовали объяснений у компании Toyota.Телеканал ABC News на прошлой неделе сообщил, что антитеррористический департамент минфина США обратился с запросом в компанию Toyota, желая выяснить, как у террористической группировки ИГИЛ оказалось большое количество новых пикапов и внедорожников японской марки — Toyota Land Cruiser, Hilux и др. На видеороликах, снятых в Сирии, Ливии и Ираке, боевики регулярно появляются на оснащенных оружием японских автомобилях.Однако в Toyota отрицают любую причастность к поставкам автомобилей террористам. В ответ на запрос властей США автоконцерн заявил, что не знает, каким образом террористическая организация получила в распоряжение их автомобили.Как пишет Институт мира и процветания Рона Пола, министерство финансов США должно было направить запрос не в Toyota, а в Государственный департамент США. Дело в том, что именно Госдеп отправил джипы марки Toyota в Сирию, как утверждалось, для «Свободной сирийской армии». Международное общественное радио (Public Radio International) в 2014 году опубликовало интервью с советником Национальной коалиции сирийских революционных и оппозиционных сил Оубаи Шахбандаром, где говорится, что Госдепартамент США возобновил отправку помощи сирийским повстанцам, включая 43 пикапа Toyota.«Hiluxes были в списке пожеланий «Свободной сирийской армии», — сообщает PRI.Правительство Великобритании также поставляло транспортные средства сирийским террористам. В 2013 году британская газета The Independent опубликовала материал под названием «Разоблачение: что Запад дал мятежникам Сирии», где говорится, что Великобритания направила оборудования на сумму около £8 млн, в соответствии с официальными бумагами, с которыми ознакомилась The Independent. Так, «помощь» состояла из пяти транспортных средств с баллистической защитой; 20 комплектов бронежилетов; четырех грузовиков (три 25-тонных и один 20-тонный); шести внедорожников; пяти небронированных пикапов; одной эвакуационной машины и пр.Институт мира и процветания Рона Пола заключил, что тайна того, как сотни одинаковых, новеньких автомобилей Toyota попали в Сирию, раскрыта — правительства США и Великобритании фактически собственными руками снабдили боевиков ИГИЛ новеньким автопарком. «Возможно, в Вашингтоне считают, что если правительство США задает вопрос о том, как террористам удалось получить автомобили, никто не будет подозревать, что они сыграли в этом определенную роль», — говорится в сообщении института.
Предприниматель и сооснователь PayPal Питер Тиль собственный успех связывает не с удачей, а с мастерством. В интервью Кэрол Кэдуолладр он рассуждает о высшем образовании, инвестировании в людей и смертности. В1998 году Питер Тиль с партнером основал PayPal, а четыре года спустя продал компанию за 1,5 млрд долларов. Купив 10% Facebook, он стал первым инвестором соцсети (его совет Марку Цукербергу был обманчиво прост: «Только не про*** – и все»). Кроме того, на средства венчурной структуры ЦРУ Тиль основал Palantir Technologies, и компания, как утверждают, помогла найти Усаму бен Ладена. Сегодня Питер – один из самых успешных и влиятельных инвесторов Кремниевой долины, откровенный сторонник либертарианской политики и крупный спонсор различных проектов: от президентской кампании Рона Пола до Seasteading – организации, которая хочет создать в открытом море плавучее национальное государство.Ваша книга «От нуля к единице» (Zero to One) основана на курсе лекций, который вы читали в Стэнфордском университете. При этом вы настаиваете в ней на том, что вузы – это пустая трата денег, что они делают из студентов рабов, не способных мыслить независимо. Нет ли здесь некоего противоречия?Не думаю, что вузы – это категорически плохо. Я думаю, что есть некоторый образовательный пузырь. Учиться все еще важно. Цель, которую я ставил перед собой, читая стэнфордский курс о стартапах и предпринимательстве, заключалась в том, чтобы донести все те знания о бизнесе, которые я приобрел за последние 15 лет в Кремниевой долине как инвестор и предприниматель, собрать их воедино. С книгой то же самое.В декларации вашего Founders Fund написано: «Мы хотели летающих машин, а получили 140 символов». Не кажется ли вам, что это и есть проблема, то, что мы мыслим слишком узко?Мне кажется, две тысячи нынешних сотрудников Twitter и через 10–20 лет будут иметь высокооплачиваемую работу. Это хороший бизнес, но не думаю, что его хватит на то, чтобы привести цивилизацию в будущее. Вовсе не обязательно, что в ближайшие несколько десятилетий будет невероятный технологический прогресс. Я не согласен с Рэймондом Курцвейлом, который говорит, что сингулярность рядом и нужно лишь сидеть и есть попкорн. Для прогресса надо работать, и мы должны его добиться.Корректно ли назвать вас техноутопистом? Летающую машину еще хотите?Я не считаю, что наука и технологии – это автоматически хорошо. Мы же придумали ядерное оружие в XX веке. Но я действительно верю, что без технологического прогресса хорошего будущего быть не может. У нас на планете 7 миллиардов человек. В следующем веке будет 10 миллиардов. Чтобы эти люди жили как в странах первого мира, нужны громадные инновации. Простое копирование не сработает. Если каждый китаец, как каждый американец, будет водить машину, мы получим масштабное загрязнение, нефть кончится. Модели нужно менять.Но вы не думаете, что смерть неизбежна?Мы слишком долго с ней мирились. Мы не должны так кротко погружаться в этот сон. По-моему, этот вопрос – вопрос старения, долголетия и смертности – с самого начала был глубоко в основе всего процесса вдохновения творцов научно-технологической эпохи. И при этом мы все равно знаем о теоретической физике больше, чем, скажем, о питании.Есть ли у нас в таком случае шансы победить смерть?Люди постоянно твердят, что хотят проживать каждый день как последний. У меня же всегда была контрастная позиция. Я бы хотел проживать каждый день, как будто жизнь никогда не закончится. Если бы жизненный цикл был неограничен, мы бы продолжали работать и начинали бы новые большие проекты. Мы бы очень аккуратно относились к окружающим, зная, что столкнемся с ними снова.В вашей книге есть фраза о том, что Кремниевая долина помешалась на «прорывах», как модно сейчас говорить. А три года назад The New Yorker опубликовал о вас справку, где вы называете это слово одним из любимых. Что изменилось? Прорыв надорвался?Мы слишком увязли в напряженной конкуренции. Великие предприятия фокусируются не на том, чтобы делать что-то, чего не делают другие, а на том, чтобы делать то, что ценно само по себе. Точно так же успешная карьера строится не на гонке с остальными – она строится на работе, которая имеет самостоятельную ценность.По-вашему, один из самых спорных вопросов в бизнесе – это вопрос о том, что приносит успех: мастерство или удача. Вы утверждаете, что мастерство. А может, вам просто очень повезло в жизни?Мне действительно повезло, и тяжело точно определить, воспользовался ли я умело возможностями или все это было чистой удачей, ведь эксперимент уже не повторить. Но я полагаю, что как общество мы слишком многое относим на счет удачи. Удача – это как атеистический синоним бога. Мы объясняем ею то, что не понимаем или не хотим понимать. Как венчурный капиталист я считаю, что одна из самых вредных вещей – это воспринимать как лотерейные билеты людей, в которых инвестируешь, и говорить: «Ну, не знаю, заработает ли твой бизнес. Может, да. Может, нет». По-моему, это ужасно – так смотреть на людей. Антилотерейный подход – в том, чтобы постараться обрести высокую уверенность, задать себе вопрос: «Уверен ли я в этом бизнесе настолько, что мог бы к нему присоединиться?»Вы учредили стипендии в 100 тысяч долларов, чтобы молодые люди не шли в вузы, а становились предпринимателями. Но вы сами учились в элитном вузе и добились довольно многого. Не так ли?Жизнь не прожить дважды. Правда в том, что элитные заведения – это хорошая строчка в резюме, но они еще и удивительно сужают фокус, и внимание людей концентрируется на определенных высокопопулярных областях: праве, финансах, немного на медицине, немного на политике. Мне тревожно, потому что те, кто туда идет, наверное, могли бы делать гораздо больше для общества. Если посмотреть на школьных выпускников – они увлеченно мечтают о том, как будут жить дальше. Мне кажется, в системе высшего образования есть нечто, что заставляет очень активно конкурировать, и это выбивает из большинства их мечты.Вы жертвовали огромные деньги политикам, и большинство из них, как Рон Пол, в итоге проиграли. Мне, как неспециалисту, это ужасно напоминает выбрасывание денег на ветер.В финансах я скорее консерватор, а вот социальные взгляды у меня больше либеральные. И я всегда колеблюсь во мнении о том, как далеко нужно заходить в политике. Не бесконечно ли обескураживающее это занятие. Что действительно нужно, как мне кажется, так это продвигать идеи, и Рон Пол таки продвинул ряд либертарианских идей. Он поставил вопросы о различных войнах, где участвуют США, и это было важно.В «Википедии» говорится, что вы входите в управляющий комитет Бильдербергского клуба. Правда ли это, и если да, чем вы там занимаетесь? Организуете тайное мировое господство?Это правда, хотя все не до такой степени тайно или секретно, чтобы я не мог вам рассказать. Суть в том, что ведется хороший диалог между разными политическими, финансовыми, медиа- и бизнес-лидерами Америки и Западной Европы. Никакого заговора нет. И это проблема нашего общества. Нет секретного плана. У наших лидеров нет секретного плана, как решить все наши проблемы. Возможно, секретные планы – это и плохо, но гораздо возмутительнее, по-моему, отсутствие плана в принципе. Источник: Getty Images / Bloomberg / David Paul Morris
Repeal, Don’t Reform the IMF!МОСКВА, 31 мар – РИА Новости. Настало время положить конец работе Международного валютного фонда, равно как и остальных инструментов американской политики экономического экспансионизма, уверен американский политик Рон Пол.МВФ, отмечает он, использует деньги американских налогоплательщиков, чтобы поддерживать экономически слабые, "нежизнеспособные", часто значительно коррумпированные правительства. Это, в свою очередь, искажает рынок и не только не приносит пользы самим американцам, но и вредит жителям тех регионов, которым МВФ оказывает свою помощь.Поскольку фонд большую долю финансирования получает из США, совершенно логично, что он адаптирует свои действия к продвижению внешнеполитических целей Вашингтона, пишет политик.Рон Пол подчеркивает, что ни один ответственный финансовый институт не предоставил бы 17- или 40-миллиардный кредит в долларовом эквиваленте заемщику, который с трудом пытается погасить уже существующий многомиллиардный кредит. Однако именно это в прошлом месяце сделал МВФ, выделив новый кредит Украине. С экономической точки зрения эти деньги не помогут Украине выбраться из кризиса, но с политической — они обеспечат продвижение внешнеполитической стратегии США.Политик убежден, что МВФ невозможно реформировать за счет изменения формы распределения капитала, потому что его источники финансирования – это частные компании, поэтому эту структуру нужно просто ликвидировать, как и все остальные международные институты, продвигающие американскую политику экономического экспансионизма и управляющие мировой экономикой.Как это водится у РИА, переведена только часть, поэтому некоторые моменты , упущенные РИА, переведу.Будет странно, если,читая Рона Пола, вы не увидите про ФРС и его аудит.МВФ не является единственной организацией, которая управляет мировой экономикой.Нам всем известно, в последние годы появился таинственный покупатель американских трежерис , который именуется "Бельгией", названный так потому,что операции идут через Бельгию. Особенность покупателя, именуемого "Бельгией" заключается в том,что через него осуществляются большие объемы продаж трежерис, если вдруг иностранное государство предпочитает их продать. Крупные объемы покупателя "Бельгия" появились в течении нескольких месяцев после введения ФРС программы количественного смягчения. Основные подозрения на фиктивность этих операций связаны с тем,что , несмотря на то,что продажи трежерис не согласованы с Правительством, они легко находят свой сбыт и , единственное, чем это можно объяснить , так это тем,что именно ФРС занимается скупкой гособлигаций. Проводимый ограниченный аудит ФРС в период финансового кризиса привел к тому,что ФРС активно вмешивается глобальные рынки.Для чего федеральное Правительство заключает соглашения с иностранными правительствами? Оно работает,чтобы выручить Грецию и ЕС? Или оно предпочитает действовать тайно, помогая американской внешней политике,финансируя нынешних союзников , по примеру американского союзника 80-х Саддама Хуссейна? Отсутствие прозрачности деловых отношений федерального правительства с зарубежными центральными банками и иностранными правительствами является еще одной причиной,почему Конгресс должен утвердить законопроект об аудите.Собирая деньги от американских налогоплательщиков,чтобы поддержать экономически слабые и коррумпированные правительства, МВФ, (аналогично ФРС), искажает рынок, обогащает коррумпированные правительства , тем самым неся вред как американским налогоплательщикам, так и жителям государств, которым МВФ оказывает "помощь".Настало время положить конец МВФ вместе с остальными инструментами американской интервенционистской внешней политики.