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?

Tuesday, August 20, 2019

Imagine what the price of gold or silver would be if just 5% of the world's investment income went into precious metals

On Aug. 19, long time money manager Mark Mobius spoke with Bloomberg Business and doubled down on a previous statement that the investment public should not only get into physical gold, but also that it should encompass 10% of their investment portfolios.

Yet gold is not the only precious metal that serves as a monetary safe haven to protect oneself from devaluing fiat currencies.  And looking back at an infograph made by the Visual Capitalist back in 2017, we have to beg the question... how much would both gold and silver be priced at if just 5% (vs. even 10%) of the world's investment income was dedicated towards these metals.

(Note. according to {Peter Schiff, just 1% of all investment income is currently dedicated towards gold and silver, with the majority of it being in the form of paper derivatives.)

All of the World's Money and Markets in One Visualization (2017 Update)

The current value of all available silver at the time of this project was around $77 billion, while the value of gold was estimated to be at around $7.7 trillion (now valued at $9.058 trillion at $1505 spot price).  Meanwhile the estimated total of combined equities, real estate, and derivatives (also not counting bonds) back in 2017 was around $834 trillion.

So taking these figures of investment values within the overall market, the percentage of money currently placed in either gold or silver is 1/100th of a percent, or .01.

Now imagine what the price of metals would be if this were to go from .01 to 5% (500 times), while also noting the recent works of SRS Rocco which shows that we reached Peak Gold production back in early 2018 and where central banks hold the largest accumulation of physical gold which is unavailable to the public.

At some point in the near future, the fiat currency experiment will end and people will be screaming for something that is tangible, and where they can actually hold in their hands.  And while two generations have grown up since 1971 not knowing the true value of gold and silver in the monetary system, when that paradigm finally breaks it will see a worldwide rush into the metals that will make 2017s Bitcoin mania look like a tiny drizzle.

Sunday, August 18, 2019

Trump administration dropping hints that they too are interested in joining the MMT movement through the use of 100 year bonds

A politician's favorite scapegoat is the fact that by the time their destructive policies ever come to full fruition, they will often be long gone from office.  And while this isn't always the case, (President Obama and Obamacare) for the most part this does fit the pattern for elected officials in Washington D.C..

Which is why a scheme dropped on Aug. 17 by President Trump's Treasury Secretary Steve Mnuchin may actually see Modern Monetary Theory (MMT) enacted by a conservative administration long before the Democrats get control of the White House to implement their own version.

And the mechanism to introduce unlimited money printing? The 50 and 100 year bond.


As Bloomberg first reported, the Treasury’s Office of Debt Management is again conducting a broad outreach to Wall Street to refresh its understanding of market appetite for a potential Treasury ultra-long bond, according to a statement Friday. Specifically, the US Treasury is once again looking at the market interest in 50- or 100-year bonds, although it has not yet reached any decision whether to issue such a product. - Zerohedge
With the advent of the credit based system and completely fiat dollar, debts require a combination of inflation and future devalued currency to be able to pay off the obligations.  And since the Federal Reserve has been reticent lately to lower interest rates to allow the upcoming $6 trillion in national debts to be rolled over at a lower rate of interest, introducing a bond that will not have to be paid back until the 22nd century seems just as good for President Trump.

Got gold?

Is next week's Jackson Hole meeting where the Fed will seek to create the new cashless system built on negative interest rates?

While the world chokes on $15 trillion of debt bound to negative interest rates, the Federal Reserve has suddenly been laying down hints that they too are in preparation for bringing bond yields down below 0.

Former Federal Reserve Chairman Alan Greenspan said nothing is stopping the U.S. from getting sucked into the global trend of negative yielding debt, Bloomberg reported Tuesday. 
“There is international arbitrage going on in the bond market that is helping drive long-term Treasury yields lower,” Greenspan said in a phone interview. “There is no barrier for U.S. Treasury yields going below zero. Zero has no meaning, beside being a certain level.” - CNBC
Additionally, Chairman Powell hinted at something during his last FOMC meeting that has for the most part gone completely under the radar.
Part way through delivering a press conference following the Federal Reserve’s first rate cut since December 2008, chairman Jerome Powell let it be known that the central bank was ‘looking carefully‘ at developing a new faster payments system. Unsurprisingly, his words on the subject proved the equivalent of screaming into the face of a force ten gale. Besides a handful of financial outlets, nobody heard him. All that analysts and observers were really interested in was the Fed’s stance on interest rates. – Steven Guinness
So with these two nuggets being dropped leading up to this week's annual Fed meeting in Jackson Hole, WY, the questions that needs to be asked are, is the Fed truly preparing to join the rest of the world in taking the Funds Rate negative, and in doing so, are they also preparing the banking system to go completely cashless in order to keep depositors from taking their money out of the system?

Perhaps the last hint regarding this was CNBC's bringing on stage Larry Summers last week who has long been a staunch advocate of banning cash.

The latest fraud coming from Buffett's favorite bank is in charging fees on the dead... dead accounts that is

In this Brave New World of digitalization, no one can ever be fully disconnected from something they have once signed up for.  And whether that means agencies such as Facebook, church ministries begging you for money, or a prior bank account you once owned, getting completely away from any of these is a task greater than even what John Wick had to do to 'get out'.

So it should not be surprising to discover that one of the most corrupt banks in the financial system has been charging overdraft fees on accounts that customers supposedly thought they had closed.

Graphic courtesy of Caglecartoons
Xavier Einaudi did not want to wait for Wells Fargo to send him a check. 
The bank informed Mr. Einaudi that it was closing all 13 of the checking accounts it provided his roofing company, CRV Construction, for a reason it called “confidential.” The letter said the accounts would be closed on June 27, and he would be mailed a check for the balance in his accounts. 
Mr. Einaudi went to his branch and collected the money, so he did not have to wait for a check to arrive in the mail. But the accounts did not close on the preset date.
For weeks after the date the bank said the accounts would be closed, it kept some of them active. Payments to his insurer, to Google for online advertising and to a provider of project management software were paid out of the empty accounts in July. Each time, the bank charged Mr. Einaudi a $35 overdraft fee. 
Mr. Einaudi called the bank’s customer service line. He went to his local branch. Nobody could help him. “They told me, ‘The accounts are closed out — we cannot do anything,’” he said. 
By the middle of July, he owed the bank nearly $1,500. 
“I don’t even know what happened,” he said. 
Current and former bank employees said Mr. Einaudi got charged because of the way Wells Fargo’s computer system handles closed accounts: An account the customer believes to be closed can stay open if it has a balance, even one below zero. And each time a transaction is processed for an overdrawn account, Wells Fargo tacks on a fee. - New York Times
To put it into perspective just how corrupt Wells Fargo is, since 2008 alone the bank has been fined or sanctioned 43 times.

Following the 2008 financial crisis and subsequent 'bank reform' act that was passed two years later, holding money in a bank is one of the most riskiest decisions one can make if they want to ensure their money and wealth is protected.  Yet even without the fear of banks using your deposits as a bail-in mechanism, it appears that even just trying to close your account with Warren Buffett's favorite bank can end up costing you thousands of dollars.

Sunday, August 4, 2019

Sunday night begins next attempt for gold to break through $1450 hard resistance level

As Asian markets commence trading on Sunday Evening/Monday Morning of Aug. 4 across the globe, gold prices have surged up in a continuation of Friday's post tariff move.  And as technical charts show, $1450 is the hard resistance level that needs to be breached with earnest if the next leg up in this Bull market is to take place.


The night is still young...