Blog Archives

The Road to Hell Was Paved with College Safe Spaces

There are many obvious things to be concerned about when it comes to Trump (his love affair with Goldman Sachs, support of civil asset forfeiture and a statist mentality overall), so why are we being manipulated into focusing all our outrage on a largely invented conspiracy theory that he is some sort of Putin stooge?

The reason is both extremely simple and extraordinarily clever. The main reason Russia is such an obsession within the fake “resistance,” is because it’s a way to demonize Trump while defending the police state apparatus. In other words, it prevents well-meaning people from taking Trump to task on issues that really matter. This way, they can simply distract with Russia noise and continue to loot and pillage society at large. It’s genius really. You create a fake yet salacious narrative and rally the gullible public around it in order to distract from real domestic problems. This way you can be “anti-Trump,” while at the same time being pro-Wall Street fraud, corporatism, war, unconstitutional spying, and the national security state. This is your “resistance” as it stands today.

Read the rest here.

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Political Consensus Is Splintering into Class Wars

In years past, we spoke of class war between the haves and the have-nots. It’s no longer that simple. Now the traditional political consensus is splintering into multiple class wars between overlapping camps of the protected and the unprotected, those who’ve been promised entitlements and privileges that are no longer affordable and those expected to pay more taxes.

In the modern era, the phrase Class War is rooted in the socialist/Marxist concept that the conflict between labor (the working class) and capital (owners of capital) is not just inevitable—it’s the fulcrum of history. In this view, this Class War is the inevitable result of the asymmetry between the elite who own/control the capital and the much larger class of people whose livelihood is earned solely by their labor.

In Marx’s analysis, the inner dynamics of capitalism inevitably lead to the concentration of capital in monopolies/cartels whose great wealth enables them to influence the government to serve the interests of capital. Subservient to capital, the laboring class must overthrow this unholy partnership of capital and the state to become politically free via ownership of the means of production, i.e. productive assets.

This Class War did not unfold as Marx anticipated. The laboring class gained sufficient political power in the early 20th century to win the fundamentals of economic security: universal public education, labor laws that prohibited outright exploitation, the right to unionize, and publicly funded pensions.

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Launch of GOLD STANDARD Imminent? – Jim Willie

The Chinese Are Putting in Place a Link Between Oil and Gold.  
The Petro-Dollar has almost completely vanished.
The Gold Standard is Emerging…

 

By Hat Trick Letter Editor Jim Willie:

The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms.

The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.

Bilateral Oil for RMB Sale + Shanghai Gold Exchange = Gold Trade Note

This triangle is precisely what China and Russia are doing now. Russian oil & gas is being sold for Chinese Yuan, and then Yuan is traded for Gold at the Shanghai Gold Exchange. The trade is not complex at all. Oil for RMB for Gold, creating a transaction payment in gold terms. The part unclear is posted margin to confirm and seal the transaction. The immediate implication is that the Chinese RMB will have a quasi-gold link. The original model used might have been the Iranian oil sales to India, with payment completed using Turkish gold. Such gold for oil trade appears to have been commonly executed from 2006 to 2010, and likely beyond that date.

The Jackass has been expecting that the Gold Trade Note would be structured in a clever way, using swap contracts in major global commerce. It might be taking form in the triangle cited as the working template. Oil is the biggest commercial trade item. Soon comes the RMB-based contract for crude oil, traded in Shanghai. It will surely cause big waves, a major disruptive event.

STANDARDS AND CYCLES ANEW

The Petro-Dollar system has stood for 45 years. It has decayed into tatters. Its derivative foundation is being liquidated, a long painstaking process. A new disruptive model was forged in 2014 when Iran sold India oil, which was paid in gold, but delivered from Turkey. Gradually emerging is the Gold Trade Note, first in oil payment then later in general payments in shipped goods. It is evolving within the Chinese market from Russian energy sales, all conducted outside the USDollar sphere.

GOLD ENTERS THE TRADE EQUATION:

Click Here For Full Hat Trick Letter Analysis From Jim Willie:

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[KR1033] Keiser Report: Trump’s First Hundred Hours

In this episode of the Keiser Report, Max and Stacy discuss fast trains and high-speed rail presidents. In the second half, Max interviews Dr Michael Hudson, author of J is for Junk Economics, about the fake economy, the binned TPP trade deal and Trump: the first hundred hours.

Gold Is Undervalued Say Leading Fund Managers

  • Gold is undervalued according to a record number of fund managers
  • Last time gold was considered undervalued, the price surged
  • BAML surveyed 175 money managers with $543 billion in assets under management
  • 34% of investors believe protectionism is the biggest threat to markets
  • Gold viewed as the best protectionist investment by a third of investors

gold-undervalued-2017Gold in USD – 10 Years (GoldCore)

For the third time in a decade fund managers surveyed by Bank of America Merrill Lynch (BAML) believe that gold is undervalued. After the last two occasions the price of gold shot up.

The Bank of America Merrill Lynch Fund Managers survey spoke to 175 money managers with $543 billion in assets under management. It provides key indicators each month of those who run and manage the world’s investments. The news that they are buying gold and believe it is undervalued, is worth paying attention to.

As we often mention the status quo amongst money managers is for them to be bearish about gold, regardless of the price and state of the global economy. But this month, a majority of those surveyed (by a net margin of 15%) believe that gold is a buy, something that hasn’t been seen since January 2009 and January 2015.

Read full story here…

Interested in learning more about physical gold and silver?
Call GoldCore and speak with a Gold and Silver Specialist today!

Trump Sends Gold HIGHER!

Mother Yellen Had Her Turn Yesterday.
Today, Trump Sent Gold and Silver Prices Higher:

 

Click Here For Full Gold & Silver Market Coverage:

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While Elites Played Empire, America Fell Apart

Our extraordinary misallocation of national treasure and political power has set a banquet of consequences that few are willing to face, much less address head-on. If we had to sum up this vast misallocation, we might start by characterizing it as the result of a multitude of elites playing Empire with money borrowed from future generations.

We can start the list of extraordinary misallocations of national treasure with the Neocon’s endless wars of choice. Ten years ago, estimates of the total cost of the Iraq misadventure were $3 trillion: Cost of Iraq War: $3 Trillion; Cost of Solar Plants to Power all 105 million U.S Households: $500 Billion (April 10, 2008)

But this does not exhaust the list of extraordinary misallocations of treasure.

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Silver Price To Surge As “Investors and Users Fighting Over Available Physical Supplies”

Silver Price To Surge As “Investors and Users Fighting Over Available Physical Supplies”

One of the world’s foremost silver analysts Theodore Butler has elaborated on another “powerful” bullish factor which “screams at us to buy silver”.

goldcore-vat-free-silver

Mr. Butler is one of the leading experts on the silver market and he elaborates on his very positive outlook for silver prices in an article entitled ‘Another Unique Blow-Off Factor’ published on Silver Seek yesterday:

 The reason that this knowledge is so important is because the COMEX is the primary place where silver prices are set.

Forget about China, the dollar, the economy or whatever reason the media reports. Billion dollar banks, hedge funds and computerized trading monolith’s set the price on the COMEX.

What Mr. Butler’s brilliant analysis has uncovered is extremely complex, so I’ve had to simplify it so I could understand it myself. Over the years, he has pointed to the technical hedge funds as the big buyers and sellers who move prices up and down. The big banks such as JPMorgan take the other side of these trades. These technical funds usually go long as prices rise and short as prices fall. They trade in and out of their positions based on price movements.

Over the past three years, a new type of hedge fund buyer has emerged. Mr. Butler calls them the core non-technical funds. They don’t trade, they buy and hold. From late 2013 to the summer of 2015 their long position grew to 40,000 futures contracts and more recently to 60,000 contracts. That’s 300 million ounces of silver in this core long position. These are longs who are holding and waiting for higher prices. They use futures as their silver investment vehicle because of the leverage available.

Read full story here…

Interested in learning more about physical gold and silver?
Call GoldCore and speak with a Gold and Silver Specialist today!

[KR1032] Keiser Report: Banks appeased, crocodiles feasting

In this episode of the Keiser Report, Max and Stacy discuss how Deutsche Bank made $462 million disappear through the magic of derivatives. In the second half, Max interviews Trond Andresen, who campaigned long ago to keep Norway out of the euro, to discuss the anti-EU mood across Europe and how the bancor could save the euro . . . should anyone wants to save it.

America’s Outmoded “Factory Model” Educational System Needs to be Radically Reinvented

I have long held that America’s educational system is an outmoded “factory model” designed to produce interchangeable industrial and service workers en masse for an industrial economy of factories and a 1960s-era service sector that needed millions of employees with basic-skills: Is Our Education System Based on a Factory Metaphor? (November 15, 2005)

Our “factory model” funnels hundreds or thousands of students into set courses within large mechanistic plants, regardless of their individual attributes, strengths and weaknesses. Like an assembly line of manufactured items, some students are “rejects” who couldn’t make the “quality control” grade, and they’re thrown on the scrap pile.

what if a kid has no aptitude in math but is a near-wizard in metal-working? Do we scrap him because he didn’t meet some factory-defined narrow standards for “knowledge worker”?

What about all the jobs which aren’t in biotech and technology? What if we required basic understanding of making meals with real food rather than the processed contents of a box? What if we required kids to know how to fill out a Schedule C form (small business) for a tax return, or change the oil in their car, or install shelving, or fill out a loan application and understand credit, adjustable rate mortgages and deductibles in insurance policies? Aren’t these skills more productive for the vast majority of workers than advanced math?

Perhaps the factory metaphor is precisely the wrong one in a rapidly evolving global economy.

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Jim Rogers Buying Gold Bullion On Dips

  • Jim Rogers accumulating gold bullion on dips
  • “Get prepared” as “we’re going ‘to have the worst economic problems we’ve had in your lifetime or my lifetime’
  • Warns that Trump and his team are “very, very keen to have trade wars with China and other people”
  • History shows trade wars lead to real wars
  • Cashless Society – Cash-less means Freedom-less
  • Cashless societies are about governments “looking out for themselves first”
  • Gold and silver may head lower but advises accumulating bullion on the dip
  • Advocates storing gold in Singapore
Jim Rogers holds a gold coin (Digital Journal)

I want to own more gold and silver

In a wide ranging interview with MacroVoices’ Erik Townsend, legendary investor Jim Rogers, co-founder of Quantum Fund with fellow investor George Soros, has said that he wants to own more gold and silver and will continue to accumulate on any price dips.

Set against a background of thoughts regarding the both the political and economic outlook, Rogers echoes the growing theme we have been touching on in recent months – heightened and arguably unprecedented uncertainty.

Basing much of his analysis and thoughts on history, Rogers reminds us that it does repeat itself and we’re not to assume that the ways of modern life mean that things will turn out differently.

Mixed feelings on Trump

When it comes to what President Trump will mean for markets, Jim Rogers believe that if the new Commander In Chief says all the things that he will do then it will stand for some overwhelmingly poor results on an international scale.

Whilst Rogers believes that Trump’s promises to cut taxes, improve infrastructure and bring back $3 trillion worth of US company assets from overseas will be ‘wonderful, wonderful things.’ Yet, he seems more concerned about the idea of trade wars that a few in Trump’s ear seemed to have a thing for.

“Mr. Trump has also said he’s going to have trade war with China, Mexico, Japan, Korea a few other people that he has named. He swore that on his first day in office he would impose 45% tariffs against China. He’s been there three weeks, two or three weeks and he hasn’t done it yet but he still got it in his head I’m sure or maybe he’s just another politician like all the rest of them. He says one thing and he doesn’t mean it at all but he does have at least three people in high levels in his group who are very, very keen to have trade wars with China and other people.”

Rogers says it could be ‘happy days’ for a while if Trump doesn’t follow through on campaign promises to take on trade competitors, but warns that if Trump does pursue these ideas that “it’s all over. I mean history is very clear that trade wars always lead to problems, often to disaster, sometimes even to real war, a shooting war.”

Read full story here…

Food, Water, Sex… and Votes: How An AI Propaganda Company Conjured Trump.

Propaganda has entered a new, nefarious age. Artificial intelligence – the mimicking and harnessing of human thinking and behavior by machines – has been carefully unleashed onto the internet by political powers looking to recruit irrational voters.

Whereas the propaganda developed in the last century required a huge state apparatus to revert humans back to primitive, thoughtless organisms, this new AI propaganda requires merely some cheaply written computer software and a public addicted to their social networks.

What makes this new propaganda ultra-effective is how it attacks our central nervous system.

Humans are driven by simple needs like food, water, and sex. These basic instincts drive our behavior and limn our evolutionary path.

To borrow a term from computer science, a kernel of eternal life-supporting, primitive must-haves are at the core of our beings – and this new, AIP (AI Propaganda) hacks into it with such efficiency and scale an entire nation can have its collective mind hacked for a just a few million dollars.

It works by creating fake equivalences and unavoidable juxtapositions.

The keys to our complete intellectual and emotional map; the blueprints of our intimate being, are freely given to and digitized by purveyors of social networks who in turn commodify that information and sell it to political operatives who spoon feed it back to is in ways our mind’s involuntarily consume as essential sustenance.

Trump supporters we learn, are the victims of a corporation that sells AI Propaganda and Steve Bannon, Trump’s top advisor, sits on its board.

In the previous century, propaganda carried out by a state to dupe an entire nation to follow a dolt, led to WWII and the industrialization of mass murder; increasing the horror of war by an incalculable, inhuman factor.

Today’s quantum, malicious AI driven propaganda, because it attacks the core of our beings on a biological, molecular and primitive level is infecting and deleting our collective unconscious and pushing out every last bit of our humanity. There will be no winners.