The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Sunday, September 30, 2018

Insider stock selling continuing in high gear just as Fed changes tune to no longer be accommodative

Last week during the Federal Reserve's September FOMC meeting, Chairman Powell announced that the central bank was changing course and would no longer be 'accommodative' to the markets as they had been under both Bernanke and Yellen.  And perhaps no one knew this day would come better than corporate officers who have been selling their shares over the past few years at lightening speed.

CEOs are using the market boom to quietly cash in their own chips. 
Insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September over the past decade, according to an analysis of regulatory filings by TrimTabs Investment Research. 
It’s not a new trend. Insiders, which include corporate officers and directors, sold shares in August at the fastest pace in 10 years as well, TrimTabs said. 
It would be one thing if September was an anomaly, but the fact that insider shares were being sold so rapidly in August as well indicates that this is a clear trend. – Economic Collapse Blog
Additionally, Lynette Zang over at ITM Trading has been doing a regular podcast showing the ongoing trend of stock buybacks/insider selling that has been occurring thanks to the Fed's cheap money policies and outright buying of equities.



When retail investors such as those who hold 401Ks or Mutual Funds see corporate insiders selling at rates far above their buying of shares in their own company, it is one of the biggest warning signals that the party is about over.  And with the Fed also signaling that their support of stocks has reached an end, then the clock has begun ticking for those holding equities to get out while the markets remain at all-time record highs, or risk trying to catch a falling knife like in 2000 and 2008 when there were few buyers for the mass of stock sellers.

Friday, September 28, 2018

Did JP Morgan just create the future alternative to SWIFT for cross-border payments through the Blockchain

While alternative economists over the past year have mulled over whether the Fed Coin cryptocurrency is being created as a replacement for the dollar, JP Morgan on Sept. 27 may have quietly built the future replacement for the SWIFT system in a blockchain platform meant to allow cross-border payments between banks and other financial services.

JP Morgan’s initiative is to remake the cross-border payments business using an Ethereum-based blockchain system called Quorum. Sending dollars from a corporate account in the US to Europe or Asia may sound easy, but in reality anti-money laundering and know-your-customer regulations are complex and everything has to be done just so. At our prior company, partly owned by another very large multinational bank, we had to sit through hours of compliance training on such topics. It’s no joke… 
Payments such as these are exactly where you would expect to see big financial institutions like JP Morgan cede ground to new blockchain-enabled startups with a cost advantage over large commercial banks. “Blockchain” is the technology that powers bitcoin and other crypto currencies. It offers a secure way to validate transactions and is much cheaper to run than a centralized, company-specific system. And payments are a low margin business for most banks, offered primarily to keep corporate Treasury customers happy so they will buy other more lucrative services. New technology meets low-profit business line = classic disruption story. 
Other banks must see the same threat, because yesterday the Financial Times reported that JP Morgan has signed up more than 75 of the world’s largest banks to its new Interbank Information Network, powered by the Quorum blockchain. Two banks – RBC and ANZ – had been testing IIN since October of last year along with JPM. All this makes the IIN/Quorum the single largest real-world application of blockchain technology out there, according to JPM. - Data Trek
Both central banks and sovereign nations have come to the realization that the dollar's days as the unipolar reserve currency are quickly coming to an end, and many of these institutions are working hard to create their own SWIFT system replacements and blockchain based currency or payment platforms.  And since JP Morgan is a shareholder of the Federal Reserve, it is not out of the realm of possibilities that should their new Blockchain platform work well in bank to bank cross-border payments, it could then be very quickly integrated to replace SWIFT in performing this function between nations, their currencies, and global trade payments.

Elon Musk's fine line between genius and madness finally puts him on the edge of losing everything

The ghost of Steve Jobs has created an interesting legacy for young Silicon Valley CEO's as many dream of emulating the Icon and becoming the next 'guru' of Wall Street.  And sadly for a few like Elizabeth Holmes of Theranos fame, you cannot imitate genius.

Yet with that being said there are a few self-appointed genius's in the tech sector that do have the credentials to be called by that label.  However there has also been a fine line between genius and madness, and on Sept. 27, Tesla's Elon Musk may have finally slipped over that edge as the SEC initiated a lawsuit against him which could eradicate his ability to ever run a company again.

The SEC filed a lawsuit against Elon Musk in New York Southern District court (case 18-cv-08865), who may not be TSLA CEO for much longer because the suit seeks an order barring Musk from serving as an officer or director of a public company. - Zerohedge
This SEC lawsuit of course stemmed from a simple tweet where Musk sought to crucify short side investors by lying about suddenly taking the company public.  And in reality it did not take the SEC very long to discover the truth and bring about charges that could not only cripple Tesla's equity, but also bar Musk from control over his and any other future company.

But as noted above, Musk has seen his life spiral away from him in more ways than one.  This is because his arrogance and hubris led him to reject an SEC plea deal which left the regulator no choice but to bring down the hammer on him and on Tesla, and also where Musk's lunacy over the Thailand cave incident caused a hero in that rescue to sue Musk in civil court for his calling the man a pedophile not once but several times.

Men like Elon Musk are rare innovators who can often invent new ways to change the world.  But as is often the case, they do not do well under pressure and especially cannot accept failure or criticism.

While the book on Musk may not be fully written, it appears that this chapter is indeed coming to a close. And for investors of Tesla the only question that remains is, will the company survive if the 'genius' founder is no longer at the helm, and if the banks stop providing funding to a business model that has yet to ever make a profit?

Wednesday, September 26, 2018

A unique family shows how America's education system is one of the biggest wastes of time and money

In the wake of an entire generation of Americans who are extremely debt ridden and vastly under-educated because of the fallacy that one must get a Degree of higher learning to succeed, one unique family is proving that from Kindergarten to College, America's education system in its current form is one of the most wasteful expenses perhaps in history.

And the reason we say this family is unique is because they represent three different paradigms of education in that the Mother taught at a public school, a daughter home schooled her children, and the patriarch of the family didn't have much education at all.

Education is important to my family. My mom Jaci was a 5th-grade public school teacher for 19 years, before retiring in June. 
My sister Jen chose to homeschool her children in a “free-range” parenting style. Ironically, she was valedictorian of her public high school class. She got an academic scholarship to Providence College. 
In contrast, my dad Harry never learned a thing in school. He taught himself how to rebuild cars as a teen. He dropped out of college. He got a job machining metal parts and eventually became self-employed in the same field. – Daily Bell
Below is a video discussion on the different education models and why the primary system does not work.



Ironically even President Trump came out during his campaign and asserted that the cost to the U.S. taxpayers for K-12 education was a waste, especially from the results that the public gets from this system.
While Republican presidential candidate Donald Trump was campaigning recently in Cleveland -- not for the first time, and surely not the last down the election’s home stretch -- he made a stop at a charter school. 
Public schools, he said, are wasting taxpayers’ money. 
"Let’s run through the numbers. At the state and federal level, the United States spends more than $620 billion dollars on K-12 education each year," Trump said on Sept. 8, 2016. "That’s an average of about $12,296 dollars for every student enrolled in our elementary and secondary public schools. The federal government pays for about 10 percent of the K-12 costs. The other roughly $560 billion dollars spent on K -12 education comes from the states themselves. We spend more per student than almost any other major country in the world. And we’re doing very poorly in terms of A-list." - Politifact
Below is a chart showing where U.S. students rank globally in multiple categories.


The bottom line is that education is vastly important to economic success, but how one receives that education can mean the difference between achievement or lifelong struggle.  And just as many successful businessmen and entrepreneurs made their wealth back in the 19th and 20th century's without even having so much as an 8th grade education, so too are many individuals succeeding greatly without ever going to a public school, especially since nearly everything one needs is out there on the internet at virtually no cost.

Use of the Chinese Yuan in international trade could take next step forward as SWIFT system nearly complete with language upgrades

It appears that for the longest time one of the largest barriers in seeing the Chinese currency expand internationally was due to their complex language and the inability for Western payment systems to easily process Yuan based transactions.  But that could soon be changing as the SWIFT system is on the cusp of localizing its processes to allow for easier access to currency use in alternative languages.

As China globalises its economy, builds itself an international financial centre and internationalises the yuan, one obstacle has steadfastly stood in the way: the Chinese language. 
The limited use in global finance and business of the language because of its complexity, said analysts, would have hindered Beijing’s efforts to increase the use of the yuan in global payments and transactions. 
That may change as global financial messaging provider Society for Worldwide Interbank Financial Telecommunication (SWIFT) localises its technologies to support the Chinese language, a move to draw more mainland Chinese institutions into its network and help them converge with international market practices. – South China Morning Post
China currently has its own SWIFT type system known as the CIPS which has allowed them to expand trade on a bi-lateral basis.  But once they get fully integrated into the Western based SWIFT system to record currency swaps and exchanges without needing a separate conduit due to language, then recognition and acceptance of the Yuan as a global currency could very easily become on par with the dollar, euro, yen, and pound, and could eventually lead to it becoming part of a global reserve basket of currencies when the next financial and monetary system takes shape.

Not only are black entrepreneurs thriving under President Trump but even a forgotten sector of Americans are achieving success

It is kind of sad and disconcerting that in this era of 'everyone is a victim and deserves minority privilege' that there is one group of Americans who are rarely spoken about when it comes to them seeking to achieve their dream of economic success.  And that group of course are the Native Indians who were the first real Americans to reside on the continent.

Yet ironically the decade's old paradigm of reliance upon the government by Native Americans is changing, and has accelerated under the policies of President Donald Trump in the same way that African Americans and Latinos have found new prosperity.

Native American businesses generate more than $39 billion in annual income and employ around 208,000 workers, according to the U.S. Small Business Administration. Ranging from charter schools and financial institutions, to construction and gambling businesses, they successfully combine community strengths with entrepreneurship. 
Tribe-owned businesses have allowed Native Americans to re-invest and create new enterprises within their communities. However, a new study by the Frontier Centre for Public Policy (FCPP)—based in Manitoba, Canada—shows that younger Native American entrepreneurs in the United States are also realizing broader opportunities beyond reservation lands and stereotypical casinos. – Epoch Times
In addition to Native Americans bursting into the mainstream economy with a new generation of entrepreneurs, Latino's and Hispanics across the country have also found the lower tax, less regulation policies of the Trump Administration a boon to their ability to grow and expand small businesses.
This expansion among small business represents an especially crucial improvement for Hispanics, who are statistically  the most entrepreneurial demographic in America. Perhaps this start-up grit among my fellow Hispanics explains why Latinos massively outperformed polling and media expectations for Trump in the 2016 election despite widespread predictions of doom. In 2016, he bested the Hispanic vote earned by GOP nominee Mitt Romney in 2012, according to exit polling. Not bad for a candidate constantly derided by  clueless political elites as anti-Latino. 
The recently passed tax cuts also represent a big win for Hispanic families who struggled under the previous administration. The harsh reality is that under President Obama, despite his popularity among voters of color, both blacks and Hispanics saw the gap widen between household wealth of white families and minorities families. The slow growth of the Obama years propelled massive asset appreciation, which exacerbated inequality because wages stagnated, much to the detriment of Hispanic prosperity. Thankfully, help is not just on the way, help is already here: The first quarter of 2018 saw wages – for all Americans – grow at the fastest clip in over a decade. – Real Clear Politics 
Perhaps what Americans saw in the 2016 elections of a larger number of minorities voting for the Republican party for the first time in decades is not an anomaly because what is quickly coming to pass is the realization that no President in a long while has done more to aid the economic welfare of blacks, Hispanics, and now even Native Americans in striving to achieve economic success.

Tuesday, September 25, 2018

Global de-dollarization has become a strategic priority for a growing number of world economies

Just as the United States now uses economic sanctions and the dollar as a 'weapon' in both foreign and economic policy, so too are many world economies starting to take seriously the strategic priority of de-dollarization.

In the past economic sanctions were limited by the keeper of the reserve currency to third world countries and petty dictators who defied the U.S. in their agendas.  However ever since Washington began to punish their own allies by dictating how they should run their own affairs when it comes to trade and partnerships, the backlash has accelerated in recent years with even the EU now getting on board for an alternate payment system.

As such, de-dollarization for Beijing, Moscow and Tehran has become a strategic priority, but it becomes more of a problem when leading European Union politicians like the EU President Junkers are also voicing the same opinion as they have seen the extra-territorial reach of the US financial system when they are desperately and fruitlessly trying to ensure that the Iran nuclear accord can be put on a life support system without the use of the US dollar. 
For all these countries, eliminating the unlimited spending capacity of the US Central Bank in printing dollars means limiting US political reach and diminishing global destabilization. Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system. - Alarabiya
Interestingly as well, one could almost believe that destroying the dollar as the world's reserve currency has truly become an agenda item of the Trump administration since his policies of sanctions and tariffs are almost begging nations like Russia and China to completely disconnect from the dollar based system.

President Trump has made it his priority to end globalism, re-establish fair trade on his own terms and even being willing to set fire to America's economy in order to 'fix' the decades worth of unfair and unbalanced trade agreements.  And perhaps if that means ending the dollar as the reserve currency in order to re-establish bi-lateral trade over the corruption that was NAFTA, TPP, and even the WTO, then using the dollar as a weapon to make it unbearable for other nations to use seems to be working as the world accelerates towards a completely new monetary system.

EU and other partners in Iran Deal agreement defying Trump in setting up ulterior payment system to continue to trade with Iran

Even as President Trump pressures world leaders today at the UN over Iran, the European Union and its fellow cohort in the JCPOA are defying the U.S. leader by creating a new payment system to deal solely with Iranian trade.

The European Union will set up a legal entity to facilitate legitimate financial transactions with Iran to allow for continued trade, EU High Representative for Foreign Affairs and Security Federica Mogherini said after the ministerial meeting of Joint Comprehensive Plan of Action (JCPOA) participant nations Monday. 
"The JCPOA participants reconfirmed their commitment to its full and effective implementation in a good faith and in a constructive atmosphere," EU High Representative for Foreign Affairs and Security Federica Mogherini said on Monday. – Sputnik News
Yet even more than just defiance against President Trump and any potential blowback via economic sanctions, this move by the EU is just another step in the ongoing de-dollarization movement that is seeking to negate the power of the dollar hegemony.
As such, de-dollarization for Beijing, Moscow and Tehran has become a strategic priority, but it becomes more of a problem when leading European Union politicians like the EU President Junkers are also voicing the same opinion as they have seen the extra-territorial reach of the US financial system when they are desperately and fruitlessly trying to ensure that the Iran nuclear accord can be put on a life support system without the use of the US dollar. 
For all these countries, eliminating the unlimited spending capacity of the US Central Bank in printing dollars means limiting US political reach and diminishing global destabilization. Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system. - Alarabiya

New Project Veritas investigation into IRS shows that Democratic Socialists have deeply infiltrated the Federal government

On Sept. 25, Project Veritas published its fourth video investigation of a series that has delved into the Deep State corruption within the Federal government.  And in their newest video which recorded conversations with IRS officials, one of the biggest bombshells to emerge was not that the agency still targets conservative groups, but that the entire government has been deeply infiltrated by Democratic Socialists.

Sheehy, like individuals featured in the previous reports in this series, is also a member of a political activist group. Sheehy implies that he abuses his work benefits, including paid time off and sick days in order to engage in socialist activism for Austin Democratic Socialists of America. 
SHEEHY: “I will say, I just really like the benefits. I get a lot of paid time off and sick days. So, like, for DSA stuff, I can just honestly… I will just stay late for a period. So, I will just call in for the next day.” 
SHEEHY: “I mean, as long as like the manager doesn’t find out and you don’t explicitly say “hey I’m calling in sick to do Democratic Socialist of America work” then I mean like yeah. You know, you just gotta, you just gotta like sort of manage, you know, when and where you’re like doing, like, the work you do.” 
More Democratic Socialists of America at IRS 
Sheehy reveals there are more socialist activists at the IRS, referring to a friend of his who works on national communications for the Democratic Socialists of America, as well as writing bylaws for the political organization. 
SHEEHY: “My friend Chris, like he does a lot of like tech stuff. He even runs the f**kin’, I was looking over his shoulder once at the electoral forum and I noticed that he actually is on the national social media working group. So, he helps run the national twitter account. He also runs our local twitter account. He also is one that does all the bylaws and stuff…. he also works for the IRS.” - Zerohedge

Previous videos put out in recent weeks by Project Veritas have also shows that members of the Democratic Socialist movement have been working to 'resist' President Trump in sabotaging not only his programs and administration, but even the activities of the American people themselves.
Also in the recording, Allison Hrabar admits that federal government employees are using their power to resist President Trump. She admits that, “…there’s a lot of talk about how we can like, resist from inside,” at the Department of Justice. 
Hrabar tells Project Veritas about another federal worker, a fellow member of DSA, who works for the US Department of Agriculture, who is “…slowing what they do” in order help people stay on food stamps longer: - Red State
Those who understand history should not be surprised that during a Populist era, there would be just as many polar opposites to the number of people who brought Donald Trump to the Presidency nearly two years ago.  Because even during the Great Depression, movements arose among activists to bring Communism to the U.S. at the same time country's like Germany and Italy were ushering in their own Socialists/Fascists in Adolph Hitler and Benito Mussolini.

Monday, September 24, 2018

Another Russian oil company joins list to dump the dollar in payments for energy

As the global dumping of both the dollar and Petrodollar continues to gain steam in the wake of America's policies of economic sanctions and rejection of the Iran Deal, on Sept. 23 another Russian oil company has joined the list of energy producers ready to reject the U.S. currency in trade payment.

Oil firm Surgutneftegas has joined a list of Russian energy companies that are ready to get rid of the US dollar in favor of the euro and other currencies in international settlements, Reuters reports. 
According to a message sent by Surgutneftegas to one of its customers, the oil company wants to “avoid any possible problems with payment in USD,” the news agency reports. “We do not comment on our commercial activity,” replied the company, Russia’s fourth largest by output. – Russia Today
Besides China, India is also in the process of signing agreements with Russia to purchase energy and other goods using their own respective currencies that lie outside the dollar system.

De-dollarization around the world continues to grow, and is very close to reaching the point of critical mass where the label of 'reserve currency' will no longer be able to be attributed to the U.S. currency.  But with Europe experiencing their own internal financial struggles and still needing to rely heavily on dollars and dollar based currency swaps, their capitulation may well be the canary in the coal mine as the final signal for the end of dollar hegemony.

President Trump ready to expand immigration battle to deport green card holders who rely primarily on welfare

Besides the fact that welfare and safety nets are a relatively new thing for even the American people (50 years), the Trump administration has found that immigrants living in, or vying for citizenship in the U.S. are themselves receiving vast amounts of welfare contrary to federal law.  And in a statement made on Sept. 23, the President is looking at formulating a new policy in which he would deport green card holding immigrants if they are found to be relying too heavily on government assistance.

Annual cost to the U.S. from illegal aliens
The Trump administration is moving to fulfill another of President Trump's campaign promises by implementing more restrictions on legal immigration by deporting green-card holders who rely too heavily on federal government programs like food stamps. According to the Associate Press, the Department of Homeland Security published a 447-page proposal on Saturday outlining its plans to expand restrictions that would disqualify legal immigrants from obtaining a green card if they rely too heavily on Medicaid, food stamps, housing vouchers and other forms of public assistance. According to US law, applicants must prove they won't become a "public charge" - that they wouldn't derive more than half their income from government programs - to achieve green-card status. Under the proposal, the federal government would begin factoring in non-monetary benefits like food stamps and Section 8 housing benefits. - Zerohedge
When the U.S. experienced its last 'big wave' of immigration a little over 100 years ago, there was no such thing as a welfare system open to these incoming immigrants, and in fact there was not even an expectation by those coming to America that they would be able to be reliant upon the government for much of anything.  Thus the primary safety net system for new arriving immigrants came in the way of 'Patrons' from each of the different cultural communities which helped them to find jobs, living quarters, and language programs.

And these 'Patrons' or community leaders were part of a huge political machine known as Tammany Hall, which ironically began a trend used today by the Democratic Party to provide assistance to immigrants in return for their votes.
In the 1800s, Tammany Hall provided immigrants, especially Irish immigrants, with basic social services. This included helping immigrants find jobs, housing, and food, along with occasional financial and legal help. As a result of these services, the immigrants served by Tammany Hall became a powerful Democratic voting bloc in New York City. - Study
Today it is considered a 'smear' to claim that the Democratic party wants wide open immigration, both legal and illegal, in order to boost their voting base in cities that they control.  However we know from history that this was done on a large scale during the last great wave of immigration by the Democrats in order to control power, only this time their key offering had been through the use of welfare rather than in the creation of jobs.

Thursday, September 20, 2018

German businesses press government to pivot away from U.S. and towards Russia and Eurasia

With President Donald Trump hell bent on U.S. protectionism and Making America Great Again at the expense of the status quo, a coalition of German businesses are responding to this by pressing Chancellor Angela Merkel to pivot away from Washington and more towards the growing region that is Eurasia.

Over the past few weeks President Trump has threatened Germany over the lifeblood of their economy by hinting that the U.S. was prepared to sanction them over their continued partnership with Russia in the installation of the Nordstream pipeline.  Additionally, Washington has also threatened all European nations with sanctions should they continue doing business with Iran.

The German business community has urged the German government to strengthen its cooperation with the Eurasian Economic Union (EAEU) as a means to respond to the threat of protectionism stemming from the United States, head of the German Eastern Business Association said. 
"The EU's best response to the growing protectionist threat is free trade agreements with as many countries and regions as possible. After successful EU negotiations with South Korea, Canada and Japan and statements on agreements with MERCOSUR [South American trade bloc] and Africa, we, unfortunately, do not see any new efforts to cooperate with the EAEU," head of the German Eastern Business Association (OAOEV) Wolfgang Buechele said Thursday in a statement. 
Buechele stressed that complex political relations with Russia should not hinder trade relations with the EAEU and lead to further downtime. – Sputnik News
Unfortunately for the U.S., it is quickly becoming apparent that their protectionism is not limited to their own shores and that Washington feels that it is their right to impose their will upon other nations like Germany when it comes to their own economy.  And if this trend continues, then there is a very good possibility that Germany will pivot over into Russia's camp, and the President Trump will get his wish for isolation much faster than anyone expects.

Inflation or Trump? Dow regains all-time high as equity markets buck trend of a cycle top back in January

Leading into the 2008 financial crisis, equity markets had topped out around the same time as the Housing bubble a year prior.  10 years later, these same markets appear to have bucked this trend as on Sept. 20, the Dow has once again achieved a new all-time high.


Thanks to investors buying the f**king trade tariff dip, The Dow Jones Industrial Average has finally taken out the January record highs... - Zerohedge
Of course the Dow is not the only U.S. equity market to have achieved new all-time highs over the past month as both the Nasdaq and S&P 500 have done so over recent days.

What is perhaps the most interesting question to pose from this stock market euphoria is what is the real catalyst behind the surge in equity prices?  Pundits will say it is the Trump Tariff Put while history appears to balk at this and point towards rising inflation as the real inflation rate has crept up to levels not seen since the late 1970's when the U.S. was stymied by the grasp of 10% inflation.  Either way, investors should not be looking at the overvalued stock markets for answers as it will be the bond markets that will provide the best answer as to which direction both the markets and economy will be going in the future.

Wednesday, September 19, 2018

Two more gold backed cryptocurrencies are born here in September as resource based virtual currencies becoming the standard

In 2017 we saw the cryptocurrency phenomenon hit its peak as ICO's and new virtual currencies backing everything from coffee to donuts grew the sector from around 700 cryptos to over 1800 by the end of the year.

However 2018 has been a much different story since more than 80% of the cryptocurrencies have either fallen to below a penny in value, and the majority of projects these cryptos backed have either disbanded or became shelved.  Yet even with all of this there is one sector of the industry that has flourished, and it is the resource backed cryptocurrencies.

Gold backed cryptos like One Gram, and a new venture called Kinesis which was started by a group led by Andrew Maguire, have done fairly well and are being accepted and integrated not only by individuals looking to get out of their fiat currencies, but also by many nation states that want to return to some form of gold backed money.

And while there are now more than 35 total gold backed cryptocurrencies to date as of Sept. 18, we can add two more to this list through the introduction of the Eidoo and Airgead coins.


Eidoo:
Eidoo has become the latest cryptocurrency startup to seek to create a more stable token by tying it to the price of gold. 
The Switzerland-based startup says the ERC-20-compatible token, dubbed the ekon, will sit alongside its multicurrency wallet and decentralized exchange. But perhaps more notably, each token will be redeemable for one gram of 99.9 percent fine gold, which the startup says will be stored in its vaults and audited every 90 days. 
"People will be able to see the gold stored in the security vaults through a video camera, we will post a link on the website so everyone can control the gold," Natale Ferrara, the startup's founder, told CoinDesk in an email via a spokesperson. - Coindesk
Airgead:
Airgead Coin aims to be the trend-setter in this area and is based on digitizing real-world assets in order to provide a stable currency to hedge against inflation. This is due to the fact that precious metals protect the wealth and value of central bank currencies, offer a fair value of trade worldwide and a stable saving opportunity for investors. 
Airgeadcoin stores precious metal coins and bars in secure storage facilities with no storage fees or management fees for holding the metals. They will offer users ease of access to their assets through the digital precious metals wallet. This allows for the safe storage and management of their precious metal coins. As a part of the Airgead Coin ecosystem, a precious metal exchange will allow the value of all coins and bars to be valued in real time. 
All of this transaction will be conducted through a blockchain, thus harnessing the power of decentralization to remove power from governments. This effectively lets users of AirgeadCoinbe their own personal bank. 
The wallets, in question, have classifications for 4 coins depending on which metal they are backed byThe platform aims to offer gold and silver at launch and add platinum and palladium as the prices for the former two are established. – AMB Crypto
Whether it is through legislation at the state and Federal levels to remove taxation on gold and silver to change it back to money from its current label as a commodity, to the creation of gold depositories where people can store their deposits in gold rather than in a fiat currency at a bank, the world is quickly moving towards a return to the gold standard in some form.  And resource backed cryptocurrencies certainly appear to have a chip to play in this game going forward into the future.

Tuesday, September 18, 2018

Contrary to Ben Bernanke, gold is money as a Zimbabwe miner to pay for equipment using gold instead of cash

Many readers may remember a few years back when the former Chairman of the Federal Reserve Ben Bernanke told Congressman Ron Paul during a House testimony that gold is not money.




However since that time we have learned that much of what the central banks tell us is either deception or outright lies, as seen during an audit where the Fed actually printed money to bailout foreign banks and even multi-national corporations.

And with this being said, it appears that Chairman Bernanke's assessment that gold is not money is also a fallacy as on Sept. 18, a Zimbabwe mining company is planning to use physical gold as payment for equipment to international suppliers in lieu of cash.
Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output, Chief Executive Officer Mzi Khumalo said. 
Zimbabwe, which abandoned its own currency in 2009 because of hyperinflation, has faced cash shortages for at least the past two years as businesses and individuals moved money offshore and the import bill increased after exports collapsed. The country’s biggest gold miner needs at least $400 million to buy new machinery and upgrade existing equipment as it targets a fourfold increase in production. 
Metallon has held talks with equipment suppliers in South Africa and Canada, among other countries, Khumalo, 62, said in an interview at his home in the capital, Harare. Zimbabwean law enables the company to convert leases on claims around its four mines into special mining leases that can then be used to secure financing for its equipment purchases, he said. 
“We can then enter agreements with banks, various financiers on the basis of gold-backed transactions,” Khumalo said. Suppliers will “get their payment in gold,” he said. - Bloomberg
Gold has been money to most of the world for thousands of years, and it has only been the last 47 which has seen the monetary system disengage from gold in favor of unbacked fiat currencies.  But perhaps this could be changing quickly, especially if sovereign governments begin joining in with corporations like Metallon to once again bring stability to the world's current debt based monetary system. 

Monday, September 17, 2018

Shotgun Economics update for September 17 2018 - Financial Markets and Economic Wrapup


The difference between Jack Ma and Jeff Bezos, and Allibaba and Amazon, is one is for inclusion while the other is about domination

Last week, Russia held its annual Eastern Economic Forum in Valdivostok where several Eurasian leaders and business moguls came together to discuss trade, economics, and cooperation.  And included in this conclave was the CEO of China's largest online retail portal, Jack Ma.

Jack Ma is an interesting character in the landscape of business as he is far more interested in using his company to better the lives of others than to simply accumulate vast riches.  And in a change from traditional Chinese moguls, who for the most part tend to stay on board and in control until the end of their life cycles, Ma is planning to retire at age 55 to dedicate his time towards education and philanthropy.

Interestingly as well, Russian President Vladimir Putin went out of his way to speak to China's greatest rags-to-riches celebrity, and jokingly asked him why he was choosing to step down at such a young age.

“I’d like to ask that young man sitting over there eating Russian snacks, Jack Ma, you are still so young, why are you retiring?” Putin asked Ma, who was also a participant at the forum. The Eastern Economic Forum is the fourth time that Ma and Putin have met. 
Ma seemed caught by surprise at the sudden question. However, he told Putin he was no longer a young man. 
“I spent my 54th birthday in Russia yesterday,” Ma responded. “I have been [running Alibaba] for 19 years and achieved something, but there are still many things I hope to accomplish, like education and philanthropy.” – South China Morning Post
Following this response, Jack Ma went onto say that one of the primary things he wishes to accomplish in his 'retirement' is the bringing together of like-minded governments, businesses, and peoples to enrich everyone in an equitable and fair market setting.
Ma also made several suggestions to Putin, according to mainland China media reports, including the use of online trade road to drive efforts in the Belt and Road Initiative, strengthen Sino-Russian technology cooperation, develop trade, tourism, technology and training, as well as increase support for small-and-medium sized businesses and training for young people.
Flipping over to the United States, and the West's most successful retail business mogul, there are stark contrasts between Ma and his rival Jeff Bezos, and their two companies Alibaba and Amazon.

Looking across the board at their business styles, their agendas, how they treat customers and how they treat their employees, you can quickly see the contrasts of one man who is dedicated towards he inclusion and success of everyone involved, and the other who lacks empathy and is only interested in complete domination.

According to the website Glassdoor, Alibaba rates a 4.3 out of 5 in employee benefits.  And interestingly as well, the majority of reviews appear to be coming directly from the employees themselves rather than from 'paid reviewers' which Amazon has been accused numerous times of using.

Alibaba:


Amazon:

Additionally when it comes to how each company deals with their business customer base, Jack Ma is just as dedicated to the millions of businesses who sell to his customers on the Alibaba website as he is to his employees, and has created both payment processors and financial centers to help them grow through their use of the web portal.
Ma’s secret? His understanding of the power of the internet in putting buyers and sellers together, and his obsession with helping small companies, via eBay-like marketplace Taobao, bulk supplier 1688.com and Alibaba.com, a business-to-business site for wholesalers. The group also has marketing services and a financial lending affiliate including PayPal-like Alipay, which has 520 million users around the world. - CNBC
Meanwhile Bezos, like the retail chain Walmart, continuously puts restrictions and demands on their business and product partners so they squeeze every penny out of them when it comes to margins.
By contrast, Amazon — with no stores and an IT infrastructure that makes the cost of adding items to sell close to zero — doesn’t care what you buy, or even which of their online partners you use, as long as you buy the product through Amazon. Take books, the focus of the recent conflict. Walmart stocks a relatively small selection, so it wants to move the specific books it offers. Walmart’s interests line up quite nicely with the authors and publishers it promotes. Amazon stocks everything (except apparently now books published by Hachette), so it doesn’t care which particular book you buy. Simply put, Amazon has less incentive to make any specific supplier successful. To Walmart, for books or anything else, selling a million units of one item is great; selling one unit of a million items is impossible in its physical stores. For Amazon, who cares? That’s why relationships with suppliers, always contentious, will be particularly problematic at Amazon, especially when Amazon controls so much of the retail market share. - Time
In the end American businesses like Amazon should go back in time and remember the policies of auto maker Henry Ford, who not only paid his workers $5 per day during the early part of the 20th century, but sold his cars at a profit of $1 each so that more people could buy them, including his own employees.  And ironically it took a Chinese CEO to recognize this and is perhaps why Alibaba in the end will win out internationally, and where Amazon is left to strip the carcasses of American retail.

The global financial reset has already begun, and President Trump is actually working to accelerate it

When the topic of a global currency or financial reset come to the forefront, there are two specific elements within its foundation... the dollar, and the Western run banking system headed by London.

Several well known, but alternative media economists have been forecasting the transition into a new financial paradigm for several years now, but ironically this change appears to be accelerating under President Donald Trump.  And perhaps this is because he knows in his heart that the system is too far gone to try to reform and that the destruction of the uni-polar dollar or petrodollar system is the root cause.

Let it be known that the resolution of the financial crisis in Turkey can be regarded as the first critical step in the Global Financial RESET, which has already begun. This is according to consensus among the Jackass colleagues. The introduction to critical steps has been the ongoing Deutsche Bank rescue and Italian banking system life suport, in the West. The introduction to critical steps has been the creation of the Gold-Oil-Yuan futures contracts in the East. THE GLOBAL RESET BEGAN A FEW MONTHS AGO, WITH NO MARQUEE SIGNS, NO FLASHING LIGHTS, NO BANDS, NO HOOPLA. The banker cabal prefers that the public is ill-prepared, since the elites among them are busily preparing their positions for tremendous profits in the $trillions, equal to the losses expected by the clueless public. – Golden Jackass Newsletter, September 16
When we make the assertion that President Trump is actually an instigator in helping to bring about a global financial reset, all one has to do is look at how he is working hard at trying to isolate the U.S. from the decade's long move towards globalism, and is purposely forcing nations to dump their dollars in order to see a return to bi-lateral and non reserve currency trade.

Through the implementation of economic sanctions on 10% of the world's economies, instituting tariffs on their biggest importers, challenging the sovereignty of the Federal Reserve, calling for a much more devalued dollar, and of course revoking the Iran Deal, President Trump has pushed a large number of nations, both ally and adversary alike, to begin dumping dollars en masse and to begin seeing the call for an end to dollar hegemony in the financial system.
Countries around the globe are trying to find ways of substituting the US dollar in trade, according to Russian presidential spokesman Dmitry Peskov. 
“All of a sudden, the country which issues the US dollar starts making steps which are shattering trust in this reserve currency. More and more countries, not only in the East but also in Europe, start mulling ways to minimize their dependence on the US dollar,” Peskov told Rossiya TV channel. 
“They suddenly realize: A. it is possible, B. it should be done, and C. save yourself if you can, it should be done as soon as possible.” 
Peskov noted that it is not easy to replace the dollar-dominated system, however, “the fact that the trend of searching for alternatives has begun” is noticeable. – Russia Today
Following the U.S. scrapping the Bretton Woods agreement and forcing the world off the gold standard more than 40 years ago, the dollar that emerged under the auspices of the 'Petrodollar' has been a thorn in the flesh for nearly every nation who's currency is either pegged to the reserve currency, and especially for every nation who has dared stand in opposition to America's foreign policies that have included war and regime changes.  Thus the only way for the world to become free from a system that was created by the globalists for their benefit alone is to focus primary on the dollar itself, and take away the catalyst that has allowed the world to become slaves under that system.

Friday, September 14, 2018

While cockroaches may be able to survive a nuclear holocaust, only Waffle Houses can survive Cat 4 hurricanes

I suspect that few people know that FEMA actually has a hurricane measuring tool they call the Waffle House indicator, because out of all the different businesses and institutions that ordinarily make for the hills at the first sign of a hurricane, the Southern staple restaurant almost always stays open in one capacity or another.

The popular restaurant chain Waffle House has a reputation for staying open all hours of the day, every day, even during hurricanes. In fact, a common reference point for how bad a hurricane has gotten comes in the form of whether the Waffle Houses in the area are open. “When Waffle House surrenders to a hurricane, you know it’s bad,” read one Miami Herald headline in 2016. 
If you get there and the Waffle House is closed? That’s really bad. That’s where you go to work,” a FEMA employee told the outlet. 
Even in harsh hurricane conditions, Waffle House will offer a limited menu with items that don’t require power, water, and gas to prepare. The restaurant usually won’t shut down unless it’s physically destroyed. 
This tenacity led FEMA to create an index to gauge the severity of hurricanes and their damages using Waffle House as a barometer. In 2004, amid Hurricane Charley, then-FEMA administrator W. Craig Fugate, Florida state meteorologist Ben Nelson, and member of the National Guard were assessing the damage and attempting to find a place to eat. 
The so-called Waffle House Index also serves as an “indicator of how complex and long supply chains are — for food, for fuel, for power — and of what it takes to plan around infrastructure that can be fragile in unexpected ways.” - Zerohedge
Ironically Waffle Houses have not lost a great deal of business during the 'retail apocalypse' and move by millenmials towards healthier food choices.  And while most restaurant chains have long since been gobbled up by conglomerates, Waffle House not only is still a privately held company, but its annual sales for its 1800+ stores bring in over $1 billion per year.

They say that cockroaches are one of the very few living things that would survive a nuclear holocaust, but until that day actually comes, we can rely much more on the Waffle House being open in weather conditions even the Post Office can't touch.

The one thing banks learned in the 10 years after Lehman is that fraud will be bailed out and that you can even make it larger than 2008

As we come up on the 10 year anniversary of the now infamous 'Lehman Event' which sent shockwaves around the world and nearly brought the global financial system to collapse, there is one thing the banks learned from that crisis which set in motion the course and direction for finance today.

All fraud will be bailed out, and thanks to the Fed, it can be made even larger.

Over the past decade, the banking and financial systems have solidified their paradigm of financialization, where investing in paper assets over physical ones has been much more profitable to those at the top.  And all one has to do is look at the past few years where borrowing by banks and corporations has resulted in most of that credit being funneled into stock buybacks rather than into capital investment or expenditures.

And despite the so-called framework of reforms instituted by Congress (Dodd-Frank) in the aftermath of Lehman and the 2008 Financial Crisis, nearly all of these safeguards have long since been rescinded, with over leveraging of debt, lowering of borrowing standards, and multiplication of derivative buying now being far greater than what it was a decade ago.

The collapse of Lehman Brothers on 15 September (the bankruptcy was announced late Sunday on the 14th) is the culmination point of the GFC. It is also the culmination point on our journey to a new global crisis. The failure of Lehman shocked the central bankers and political leaders so that they retained to a full conservation mode. Examples of banking crises in the Nordics, where the failed banks were wound down and the financial sector was restructured, were forgotten. Even though better capitalized, the banks, dubbed “too big to fail” in 2008, are even larger now in the US. The European banking sector is undercapitalized and full of zombies and it’s kept going only by the liquidity support of the European Central Bank. The economy of China is facing a reckoning which can only be described as the biggest debt bubble ever. The banking regulation has been likely to push more banking into the “shadows”. 
It is almost certain that the creators of the Federal Reserve, or other major central banks for that matter, could not have envisaged that at some point they would provide funding with near zero or even negative interest rates for a decade and that they would end up owning a large chunk of the capital market. Still, it’s where we stand. The central bankers, in an exception of the Fed, are still in a full stimulus mode. 
Alas, the imbalances that plagued the world economy before 2008, are even larger now. Debt in the world economy is considerable higher and the extended use unorthodox policies of the central banks have created a platform for speculation of an unprecedented scale. The ‘lost decade’ of Japan shows very clearly that policies, which save everybody and provide the banks with almost endless liquidity, lead to a ‘zombified’ banking and business sectors unable to grow and are in a constant risk of failure. Now, this is a global issue. 
GFC was not born out of void. The imbalances and risks were visible before the crisis hit. It was born out of a combination of speculation, regulatory failures, moral hazard and incentives to get into debt. Very little has been done to fix these issues and, in some cases, even the opposite has materialized. This policy of “more of the same” has the potential to bring down the global economy in the future. – GNS Economics
One of the biggest changes to the financial system following the Lehman Moment was that central banks began to take a much more active role in the entire financial system, and where they subsequently threw their authorized mandates completely out the window.  Originally and legally limited in scope for being a lender of last resort to the banks, the Fed, ECB, BoE, and BoJ decided that it was their purpose to take away the liabilities of the banks by buying their toxic debt assets, and to also prop up stock markets through the outright buying of equities.

Needless to say, investment banks were more than overjoyed with this and simply increased their derivatives and speculative buying to the point where they even got the FDIC to backstop their derivative risk.

Since the majority of banks are simply arms of the central banks, and the central banks are controlled by foreign cabals, any and all monetary policies are now focused on profit for these institutions, and controlling risk through the buying of politicians.  And thus little has changed in the mindsets of the banks following their near collapse of the global financial system just 10 years ago.  And when the next crisis emerges from their greed, avarice, and risky speculation, they know they have little to fear because their fraud is protected by the same bailout expectations which came in the aftermath of the Lehman event.

Thursday, September 13, 2018

Shotgun Economics update for September 13 2018 - Financial Markets and Economic Wrapup


JP Morgan becomes newest investment bank to forecast next financial crash

Back in July, Bank of America's bear market indicators began to light up as the Fed signaled that they were fully entrenched in a higher interest rate, lower balance sheet policy.  And now on Sept. 13 we can JP Morgan to the mix of major banks to put either a bear market, or financial crash, on the radar.

With the 10th anniversary approaching of the catalyst for the last major global stock market crash – the Lehman Brothers’ collapse – strategists from JPMorgan are predicting the next financial crisis to strike in 2020. 
Wall Street’s largest investment bank analyzed the causes of the crash and measures taken by governments and central banks across the world to stop the crisis in 2008, and found that the economy remains propped up by those extraordinary steps. 
According to the bank’s analysis, the next crisis will probably be less painful, however, diminished financial market liquidity since the 2008 implosion is a “wildcard” that’s tough to game out. – Russia Today
From their assessment, JP Morgan correctly cites one of the most important reasons that will lead to the next financial crash, but they also fail in noting the myriad of other root causes and underlying factors.

Credit expansion during the Great Depression lead to a crash in 1936-37 when both the government and central banks started tightening cheap money.  However what this proves today is that the Fed, ECB, BoE, and Bank of Japan's actions after 2008 to save the financial system and bring about economic recovery are a repeat of history as they have only delayed the inevitable for what is coming once these same central banks are forced to stop propping up every single market.

An economy does not grow naturally by using credit to reinflate a deflated market system, since the one true requirement to achieve this is the elimination of bad assets, and the deconstruction of insolvent entities.  And whether it was JP Morgan taking on the liabilities of Bear Stearns, the U.S. government bailing out AIG and Goldman Sachs, or Germany doing everything in its power to prop up Deutsche Bank, the fact of the matter is that debt accumulation always demands a reckoning, and it is long past the time when that bill has come due.

Wednesday, September 12, 2018

Shotgun Economics update for September 12 2018 - Financial Markets and Economic Wrapup


Banks swap mortgage securities for gold and silver derivatives as increased exposure to paper metals a big part of price suppression since 2008 crisis

There was a huge lesson learned by the Federal Reserve both in 1980 and again following the 2008 financial crisis, and that was that unless the central bank focused on artificially manipulating both the price and sentiment of gold and silver, individuals and investors would rush into the metals at the first signs of a financial disaster.

In 1980 it was through the use of interest rates that helped deflate the gold and silver bubble which had seen the price of the metals reach $840 and $48 respectively.  But in 2011 at the tail end of the Great Recession and when the dollar appeared on the ropes at just 72 on the dollar index, raising interest were out of the question so the newest scheme the commercial banks embarked upon was the saturation of the gold and silver derivative paper markets to crush the price.

And thus seven years later the price of gold remains suppressed at just 60% of its 2011 all-time high, and silver is down even more to a whopping 72% from its apex.

On Sept. 12, the Gold Anti-Trust Action Committee (GATA) produced a report in which they found that the amount of paper gold and silver derivatives held by commercial banks and even savings associations has skyrocketed over the past 17 years from $2.5 billion to well over $50 billion here in 2018.  And where in 2007-08 banks held a large portion of their derivatives in mortgaged backed securities tied to the Housing Bubble, the rise in metals derivatives held by these banks is nearly on an equal par since the gold and silver markets are vastly smaller than the housing and real estate sector.

The quarterly report from the U.S. Office of the Comptroller of the Currency showing bank trading revenue, published today and called to GATA’s attention by our friend J.H., contains a remarkable graph showing the increase in the notional value of precious metals derivatives held by “U.S. commercial banks and savings associations” quarter by quarter since 2001. 
These derivatives, according to the chart, have increased from about $2.5 billion at the end of 2001 to nearly $50 billion in the quarter ended in July this year.
Perhaps not coincidentally, the value of the precious metals derivatives jumps markedly in 2010 just before the seven-year smashing of monetary metals prices that began in 2011. – Silver Doctors

Billionaire and former Soros partner sees end of dollar as the sole reserve currency in next few years

Jim Rogers is a highly respected commodities trader who once partnered with George Soros to help build a powerhouse investment fund.  Now the billionaire who is living in Asia due to his belief that the future financial system will move over to China from the West stated on Sept. 11 that the days of dollar hegemony are coming to an end, and that the U.S. has just a few years remaining as the sole keeper of the global reserve currency.

“So, you would say why do you own it [US currency – Ed.] then? I own it because more turmoil is coming, people look for a safe haven in turmoil so they will go to the dollar. It’s not safe but they think it is.” 
The investor explained that the US currency is going to get higher but many countries like China, Iran, Russia and others are now trying to get rid of it. 
“In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange,” Rogers said, adding that the world has always moved away from dominant currencies in the past as situations changed. – Russia Today
Roger's assessment of there still being a few years before the world completely rejects the dollar as the global reserve currency may actually be too rosy a forecast since de-dollarization has been accelerating over the past few months thanks in large part to U.S. policies of sanctions and dollar weaponization.

Monday, September 10, 2018

Shotgun Economics update for September 10 2018 - Financial Markets and Economic Wrapup


IMF late to the ballgame as central banks have been buying stocks for more than a decade

In a rather hilarious suggestion made on Sept. 10 by the former chief economist of the IMF, Olivier Blanchard wants the Fed to completely tear up their legal mandates and buy stocks to bolster the equity markets during the next recession.

The Federal Reserve buying stocks? How about financing the federal deficit? Or buying goods? 
These were some of the suggestions for combating the next severe recession given to the central bank by former IMF chief economist Olivier Blanchard at the Boston Fed’s monetary policy conference over the weekend. 
There is a general sense the Fed has to re-think its approach to combating recessions given the low-interest-rate environment that is persisting. - Marketwatch
What makes these suggestions humorous is the fact that the Fed, Bank of Japan, Bank of Switzerland, and many other central banks within Europe and Asia have already been buying stocks going back more than a decade.
One indication of just how messed up and flawed the global markets have become is reflected in the way central banks across the world are now buying stocks. This has become a part of their response to correcting the forces of past excesses. Their incursion into this bastion of the free markets signals we have entered the era where true price discovery no longer exists. The central banks are often viewed as price-insensitive buyers, so this incestuous influx of money is in some ways the ultimate distortion. This is especially true when the markets are not deep enough to accommodate the size of these purchases. Over the years, global currency reserves have grown and this has increased pressure on central-bank managers to diversify them, moving from being a liquidity manager to focusing on investment management but with this comes risk. 
recent article in the Wall Street Journal details the reason behind why central banks are buying stocks. There are several forces driving this. Part of it is a hunt for higher returns, because of negative rates, nearly $11 trillion or roughly one-quarter, of global fixed-income assets yielded below zero at the end of 2016, according to Bank of America Merrill Lynch. This means some are investing a bigger share of their growing foreign-exchange reserves in equities, corporate bonds, and other riskier assets while others are doing so merely to prop up their stock market in an effort to create a wealth effect, hoping it will cause consumers to feel better and go out and spend which will propel the economy forward.Seeking Alpha
The IMF has often been late to the ballgame on many things going on in the global economy and financial systems, and their place in the monetary system is quickly being usurped by nations and institutions that don't have an agenda of wanting to enslave populations under programs of debt and austerity.  And for anyone with a modicum of intelligence, how beneficial to the economy could having central banks buy stocks really be when all they do is print money out of thin air, and use that worthless fiat to buy real assets for the cost of simply clicking a button on a keyboard.

The best protest against Nike and their support of Colin Kaepernick is competition

During the 1980's, one of the largest rivalries in business was that of Microsoft vs. Apple.  And when the dust had cleared, Microsoft would reign supreme for the next two decades primarily on the fact that their platform allowed for open development by software creators rather than to be restricted by the proprietary demands of Steve Jobs.

Fast forward to 2018.

Today the landscape of companies in a given industry has shrunk to the point where perhaps five major companies control 90% of that market, and where their advertising budgets are often larger than the annual revenues of the other 10% combined.  But even with this being said, the internet has helped level the playing field, and small businesses can emerge to become giants if the right product hits at the right time is able to go viral.

Ironically, a business can also actually become too large.  And because of their massive public exposure, and perhaps also because of arrogance or hubris, they can exert great harm to themselves when they choose a direction that is opposite to the will and passions of consumers.

See ESPN, NFL, and Target.

Since most consumers are driven by emotion rather than reason (simply see how advertisements are produced), all it takes is for a business or company to trigger the wrong feelings and that becomes enough for them to see a decline in their sales by a significant amount.  But often the Western consumer is fickle in that today's protest almost invariably becomes tomorrow's 'Golden Child'.

So this brings us to the question of Nike, and their decision to begin an ad campaign based upon the controversies of a fringe NFL quarterback.  Now it is true that in the first couple of weeks of this campaign the public has reacted quite negatively to these ads, and their stock has fallen more than 3% in the past week.  However as we have often seen in protests like with Target over their decision not to say Merry Christmas a few years ago during the holiday shopping season, within about six month negative sentiment against the company is completely forgotten, and shoppers went back to the retail chain as if nothing had ever happened.

Thus protests themselves are not the long term solution for consumers who have viable concerns with a company.  No the answer for this is in competition, and creating something that will not only counter Nike's anti-American campaign, but will also in the end establish itself as a rival in which those of like minded tastes can have an option of their liking to switch to permanently.

A military veteran who sells clothing has come out with his latest product. Nine Line Apparel has introduced its “Just Stand” clothing line, directly countering Nike’s “Just Do It.” 
Apparel CEO and co-founder Tyler Merritt, an ex-military helicopter pilot with plentiful combat experience, has long been a critic of former NFL quarterback Colin Kaepernick’s decision to kneel during pregame renditions of the national anthem to protest police officers killing unarmed black men. – Epoch Times
In the end consumers who feel jilted by a business don't simply want an outlet in which they can vent their frustrations, but they also want an option in which they can speak with their wallets on a more permanent and ongoing basis.  And for businesses going back centuries or even thousands of years, one man's folly has always created opportunity for anyone willing to seize the day.