Monthly Archives: August 2016

Obama’s Former Doctor Says Hillary Should Have a Neurological Exam

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I don’t possess any more insight than you do regarding the medical condition of Hillary Clinton. However, what I do know is that given her age and health history asking questions about it is definitely not conspiracy theory. While hordes of pundits with no medical training claim otherwise, an increasing number of high profile doctors seem to agree with my obvious conclusion…

Read the rest here.

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Dear Millennials: If You Want to Escape Minimum Wage Debt-Serfdom…

Let’s start with the sobering reality that the Millennial generation faces economic challenges that are unique to this era: sky-high student loan debt, soaring costs for basics such as rent and healthcare, a stagnant neofeudal crony-cartel economy and an intellectually bankrupt status quo in thrall to failed ideologies: Keynesian Cargo Cult central banking, outdated models of capital and labor and an unthinking worship of debt-funded centralization as the “solution” to all social and economic ills.


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Massive Debt Bubble in Ireland and Globally Sees Wealthy Diversify Into Gold

Mark O’Byrne, Research Director of GoldCore, was interviewed by Max Keiser about the arrival of negative interest rates in Ireland and Germany, the risk of bail-ins, the return of a rental and property bubble in Dublin, the Irish and global debt bubble and why wealthy individuals and institutions are diversifying into gold.

markobyrneMark O’Byrne interviewed by Max Keiser – Starts 12:24 – Watch here 

See full post here.

Facebook Just Got a Whole Lot Creepier

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I’ve been creeped out by Facebook for a long time now. The following story takes it to another level.

From Fusion:

While some of these incredibly accurate friend suggestions are amusing, others are alarming, such as this story from Lisa*, a psychiatrist who is an infrequent Facebook user, mostly signing in to RSVP for events. Last summer, she noticed that the social network had started recommending her patients as friends—and she had no idea why.

Read more here.

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[KR960] Keiser Report: Coddled Banking Class

We discuss complacency and the “mother of all shorts,” as those who sicken of the calm, know the storm. In the second half, Max interviews Mark O’Byrne of about the arrival of Nirp in Ireland and the return of high rental costs.

#Bitland puts Land Rights on the Blockchain with the Cadastral Coin

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The Challenge

Securing property rights and modernizing land administration is central to many developing nation’s social and economic development. Countries that would benefit from blockchain technology experience many issues related to contradictory legal and administrative decisions that contribute to land insecurity and undermine citizen’s confidence in state institutions. In Nicuragua alone, it was once estimated that over one third of rural land was held without a clear title.

Land conflicts due to overlapping claims are numerous. Long-term insecurity of land ownership poses particular challenges to agricultural growth, natural resource preservation, and social fairness and cohesion. (more…)

Central Banks = Welfare for the Wealthy

The fact that central banks provide welfare for the wealthy is now entering the mainstream. The fact that all central bank policies since 2008 have dramatically increased wealth and income inequality is now grudgingly being accepted as reality by mainstream economists and the financial media.

The central banks’ PR facade of noble omniscience on behalf of the great unwashed masses has cracked wide open. Even The Wall Street Journal is publishing critiques of Federal Reserve policies that suggest the Fed has no idea how the U.S. economy actually works because their policies have failed to help the bottom 95%.

The grudging admission that central bank policies have enriched the rich while failing to benefit the bottom 95% is a breakthrough–the stone wall of denial has finally been pierced.


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“Why Case Against Gold Is Wrong” – James Rickards

James Rickards, geopolitical and monetary expert and best selling author of the ‘The New Case for Gold’ considered today ‘the case against gold’ in best selling UK financial publication Money Week.

Rickards debunks the most commonly held arguments against gold including that gold does not have a yield, there is not being enough gold to support the monetary and financial system and that gold “cannot support the growth of world trade and commerce because it doesn’t grow fast enough.”

Rickards begins his article by recapping gold’s recent price history and why it appears undervalued now:

… I want to take a look at the case against gold. Starting from a low of about $250 per ounce in mid-1999, gold staged a spectacular rally of over 600%, to about $1,900 per ounce, by August 2011. Unfortunately, that rally looked increasingly unstable towards the end.

Gold was about $1,400 per ounce as late as January 2011. Almost $500 per ounce of the overall rally occurred in just the last seven months before the peak. That kind of hyperbolic growth is almost always unsustainable.

Sure enough, gold fell sharply from that peak to below $1,100 per ounce by July 2015. It still shows a gain of about 350% over 15 years. But gold’s lost nearly 40% over the past four years. Those who invested during the 2011 rally are underwater, and many have given up on gold in disgust. For long-time observers of gold markets, sentiment has been the worst they’ve ever seen.

Yet it’s in times of extreme bearish sentiment that outstanding investments can be found – if you know how and where to look.

There’s already been a change in the winds for gold so far this year.

James Rickards said recently that gold has the “chart of the decade” and made a strong case, based on ‘maths’ and on gold’s small above ground supplies and meager annual production versus surging money supply growth, why he believes gold will rise to $10,000 per ounce. Read More

BlockPay announces next steps after the end of Pre-ICO


WOW, what a week! BlockPay Pre-ICO skyrocketed and successfully raised more than 850 Bitcoin (approximately 485k USD in time of writing) within the first 5 days. Supercharged Christoph Hering , CEO & Co-Founder of Bitshares Munich, the company behind BlockPay and Echo explains the next steps for his company in this exclusive interview.

“We are super excited about the big success of the BlockPay Pre-ICO and want to thank all our early supporters and BlockPay holders! We are now moving forward and launching BlockPay “S” in the Google Play store and BlockPay for Odoo beginning September 2016.” says Christoph. (more…)

Obama Will Leave $20 Trillion Debt Crisis For Clinton Or Trump

President Obama is set to leave a massive near $20 trillion debt crisis for his successor – be that Hillary Clinton or Donald Trump.

The U.S. national debt reached $19.5 trillion last week and has been increasing by roughly $1 trillion a year during his Presidency and during the so called “recovery” as the U.S. government continues to spend money like a drunken sailor.

obamaPresident Obama gestures while speaking at Concord Community High School in Elkhart, Ind., on June 1, 2016. (Associated Press)

During Obama’s presidency, the total national debt has risen from $10.6 trillion to nearly $20 trillion – see Debt Clock here. There is also the not insignificant matter of the between $100 trillion and $150 trillion in unfunded liabilities – for medicare, medicaid and social security. Read More…

This Is The Peak


Precious metals dealer and monetary historian Mike Maloney is quite confident the liquidity-driven ‘recovery’ created by the world’s central banks is now over. In his estimation, the path ahead is one of accelerating descent into inevitable currency destruction.

As he predicts:

This is the peak – we have passed the peak of the bubble. It’s now deflating. There is usually a little tiny roll over and then a huge crash. And the little tiny roll over is just starting right now. We are seeing it first in the top end (like luxury real estate), where the currency that was created by the central banks went to that 0.1% first.

Within the next few years you are going to see probably the greatest crash in history. I have often said that the crisis of 2008 was just a speed bump on the way to the main event. We are in the process right now of seeing this unwind.

Click here to access the full interview

An Inflection Point for Silver

Whiplash in the Gold and Silver Markets As Yellen Yaps At Jackson Hole:fire-hot-smoke

  • Good Cop, Bad Cop: Fed Gooses, Then SMASHES Gold & Silver
  • Flying By the Seat of Their Pants – How Much Longer Can The Fed Keep the Markets in the Air?
  • After 6 Months of Falling Premiums, This Silver Indicator Just Experienced An Inflection Point…The Doc and Dubin Break Down Jackson Hole & Friday’s Crazy Market Action Below:

After slow retail gold demand for most of the month, gold bullion sales were strong across the industry this week as gold prices dipped as low as $1317.
SD Bullion saw strong demand for gold bars in particular, followed by Gold Maples & Gold Eagles.

In Silver:

While SD Bullion’s sales remained relatively strong this week, the slowdown in silver bullion sales overall has been even more pronounced. 

Wholesale premiums on 90% Junk Silver Coins jumped .20 the second half of the week, the first time in over 6 months wholesale premiums have risen on 90%. 
As 90% is a leading indicator of physical silver supplies and premiums, we will keep an eye on this to see whether the trend continues or accelerates in the weeks to come, particularly as the market enters the typically strong fall season.

After tremendous amounts of inventory flooded the market over the past 3 months, secondary silver rounds have all but dried up on the wholesale market over the past 48 hours, another indicator that an inflection point has occurred in the physical silver market.   Customers continue to buy silver bars, but bar premiums remain steady with ample supplies. 

2016 Silver Eagle sales at the US Mint jumped over 4-fold this week as the Mint report 630,000 coins sold, after several consecutive weeks of only 150,000 coins sold.

This brings total August sales numbers to 1,010,00 coins, after looking like the Mint would struggle to reach 1 million coins sold for August.

The US Mint is set to release the 30th Anniversary 2016 Silver Eagle Proof in mid-September, which will likely be one of the most highly sought after Silver Eagle proofs in recent years.

Click Here For Full Market Update & SD Weekly Metals and Markets: 

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