collapse explosionWe might not reach October…

Buy 90% Junk Silver Coins at SD Bullion
$100 FV Bags Just $2.99 Over Spot!

Buy Silver Coins at SDBullion

  1. I believe Bill Holter is probably 100% correct.   that scares the s*** out of me for the sake of my grandchildren.  I’m going at 75% metals and 25% toilet paper and will use cost average of the paper 25% as needed until I am all in..   What a bunch of [*****] they’ve turned out to be..  Destroyed us financially with theft and deceit.  thankfully silver and gold will prevail and save those of us who have had the forward vision to see the road ahead.   Even my 2 daughters are stacking now.   interesting times indeed!

    • Bill, your partner just put out the word that us pensioners are toast.  We may be, but at least the vast majority of us are saving 119$ a year.  Tell him not to be bitter.

      You see we had to hustle to find a good job that paid a pension, as we had no one to call us in the 70s when au was 100$ an ounce telling us to ride it to 800 and sell.

       

  2. I don’t really want to spread fear porn, but I ran across something the other day that caught my attention that may be inline with the potential for a rapid increase in people violating new federal law.  In the 2017 Senate CJS Appropriations they have increased the U.S. Marshals Budget by $1.48 billion with $1.45 billion specifically allocated for “federal prisoner detention services” – http://www.appropriations.senate.gov/news/majority/appropriations-committee-advances-fy2017-commerce-justice-and-science-bill

    Since the budget increase is almost entirely made up of this on item it would suggest to me that this is new work for USMS and above and beyond the prisoner transport they usually do.

    Anyone know more about this?

    • @WINNING,the fed ,gov and the military have stepped up spec ops forces to deal with the election outcomes. we are friends with some inside .gov folks and the collapse will be blamed on what we see right now the shenanigans,( of cruzzz and kaysack),they are in one the plan.0zer0 will lock it down.so….. if you got that dot,connect this one too.they are gonna need every armed brown shirt they possibly can get. and if there is this,the boost in revenue to this agency,then what i heard the other day about special forces just for an election could hold some serious water. connect the dots!!!!!!

    • “they are gonna need every armed brown shirt they possibly can get.”

      Yes, they are… and they are gonna go through them a LOT faster than they expect.  After a while, they will run out of them.

       

  3. Nothing new here. This is the same rhetoric he used 6 months ago in an interview. There is one difference and is the October or “before October” statement. Let’s see how this plays out and remind him in November that nothing has changed.

    • You are sooo wrong.  Maybe you are an idiot!  The SGE opened.  Gold/Silver it up.  The Stock Market is shaking.  Deutsche Bank has admitted quilt!  Are you sure you aren’t an iditot???

      No, I’m not going to wait for your “possum” timing; I’m moving now!!

    • NEWS-FLASH!  We are ALL idiots on this bus.  lol

      Either we elect idiots who then do idiotic things OR we allow others to elect idiots and THEY do dumb things.  Either way, a whole lot of idiocy is happening around here and we’re either doing it or responsible for letting it be done.

      But… WTF?  In a hundred years, no one will give a rat’s rosy red rump either way.

       

  4. personally I hope mr. possum is correct….   unfortunately way too many smart people are calling the same scenario…   I’d rather be wrong about what I said then to be right and have to live through this b*******…  nope I’m going to error on the side of caution this time.   my 25-year stack is going to help me get through this dangerous shit storm.    my parents lived through the Great Depression and they warned me about this many moons ago..

    • Agreed @Falco

       

      “my parents lived through the Great Depression and they warned me about this many moons ago..”

      Yep.  Grandparents too.  I heard MANY stories about the Great Depression, both from the child’s point of view (parents) and the young adult’s point of view (grandparents).  Both had some keen insight into the entire scenario.  Life was hard back then… very hard.  Most today cannot even imagine what those people went through to survive.  They all worked like slaves, didn’t have enough food or sleep for years at a time, some lost all they had, and all lost something.  Even basics like decent clothing was hard to come by.  Many wore clothes with patches on their patches.  It was not until something was literally falling apart and could not be repaired that it was finally discarded as clothing and used as a cleaning rag.

      The good news is that there were many people of faith back in those days and faith can keep a person going after all else has failed.  There is power in faith and those who can reach deep within themselves and tap into it have a tool that can help them get through things that those who can’t find it never will.

      Some of the big lessons that I learned from the family experience with the Great Depression include:  having money set aside for hard times; avoiding debt as much as one can;  learn to make things, fix things, and make do without things if need be; gather your family and friends around you because there is strength in numbers; make sure that your basic needs are covered in a way that is less prone to being upset; be independent and don’t depend on others unless there is simply no other choice; and keep your head down when the SHTF because in a turkey-shoot the gobbler that sticks his head up gets it shot off.  That last is both literal and figurative and refers mostly to avoiding unnecessary attention.  If we have something that others want or need, someone WILL try to take it from us.  Then it becomes a matter of whether or not we are unwilling to give it up.  In a SHTF scenario, having the *things* that we all take for granted today could well mean the difference between us and our families surviving or not.  Hard times tend to create hard people who can handle them but the tempering process can be terrible and the loss of many lives is to be expected.

       

  5. Who knows?  Bill could be right because I don’t know how the thing keeps standing up…or maybe, it’s just a hologram and the real thing fell apart 8 years ago.  So, if Bill is right, why do we give a rat’s patoot about November, and all the kabuki leading up to it, and the wacked out Seinfeld sketch between Cruz and Kasich?  I’m sorry, but did any of that make any sense?  Did it make sense to be so upfront and in our face with trying to rig the election?

    quote:  they’d put together [a plan] that would prevent Donald Trump from winning the necessary delegates required to have an outright victory prior to the convention…unquote

    disclaimer:  I don’t care if you support either Cruz or Kasich.  Your right to make the decision.

    OK fellas, say you succeed with your system rig, and Trump is shut out of the convention.  What then?   Whether Trump is nominated or not, you two have fired both barrels and missed and now you have to reload.  If your goal is satisfying your occult brown shower fetish on the American people, then I can understand where you’re going with this, but do you actually think that the people going to just lay down for it now like they have in the past?  Oh, if you only knew how much disgust & hate is out there directed at your miserable selves, and let me assure you, it is a hatred that is just barely restrained.  You keep effing with people, and they’re going to hand you your asses- your political lives will be over, and you’ll have to get jobs scrubbing toilets for Goldman-Sachs.  I’m not calling for violence, but I’m not ruling it out either.  You’ve been warned.

     

    • @MsLiberty
       

      Trump’s success is largely due to the establishment types blithely trying to do political business as usual, which is to say profit from their corruption; and yes many people are absolutely sick of all the BS that is raining down on us.  From what I can see, We the People have a great deal of repressed rage that is now breaking to the surface.  We are the beach ball that has been held under the water for too long and is about to burst forth, whether the establishment types like it or not.  If they were smart, they would get out in front of this and try to guide its direction but so far there is little evidence of that.  They are far more worried about their perks and position than they are about our country… and this is one of the main problems we face and why we are so enraged.  That almost all of them are for sale to the highest bidder is absolutely disgusting.  We have had more than enough from them and if they get run over by this steam-roller… oh, well.  Some things are simply well-earned and well-deserved.

       

  6. Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah Blah

    • Oui, in french we write : bla bla bla… Same crap than 2,3,4,5…year ago…Ok Deutsche Bank says this, reveals that. There is China, Russia…But where is Gold and Silver skyrocketing ?

    • The sicker the fiat, the more valued gold and silver become in those currencies.  Both have done very well in most non-dollar currencies.  Just remember that the primary purpose of stacking gold and silver is not to become rich but to keep what we already have and not let inflation chew it away to nothing.

       

  7. Bill says October, I say by Memorial Day, bank holidays, Marshall law by June 1st. 

    Re education camps for conservatives.

    Comex will collapse before Memorial Day, this event will be the tipping point.

    Keep stacking pms and provisions, and always packing.

     

  8. I’m not saying Holter is right or wrong but checking the nature of funding to local and regional LEO like Sheriffs and Marshalls plus the militarization of LEO and National Guard, something that’s been going on for at least 3 years, speaks to the state and federal government’s recognition that the safety nets are breaking, the systems are failing and when enough collapse, we then see credit, banking and supply chains breaking down.  I don’t worry a lot about we well armed stackers and preppers.  We represent massively well protected hard targets.

    The inner cities are a critically vulnerable weak point, populated by urban poor mixed with wealthy urbanites.  When the supply and finance chains break, the inner cities will explode.  If food and water is not available, the locals will resort to extreme violence, far beyond that of Baltimore, NY or Ferguson.  Tens of millions nurse race and ‘have/have not’ grievances.  Millions of suburbanites are unaware of the potential for system shut downs that clear stores, gas stations, ATMs and anything of use in 2 days or the danger of those who would take what they have.

    We plan for that. Anything my group buys is purchased with 2 thoughts

    1.  Is it a valuable and potentially scarce consumable?

    2.  Does the possession of said item have an ROI superior to funds  in the bank

    I had a conversation with two friends, telling them that funds on deposit in their banks makes them an unsecured creditor with the bank and that their funds are not theirs.
     By the laws and regulations passed two years ago by the G20 nations, all bank deposits now belong 100% to the bank, not you.  You become a low level creditor with no rights of recovery of your funds

    • It is interesting to hear people talking about finances.  They believe in the banks and want to do away with cash.  They know not what they talk about.  Try to have a differing opinion and they can’t handle the cognitive dissonance.  It has taken me a few years to explain to my wife to the point she finally agrees that something is not right.

      When credit dries up and the lines begin to form, all those trying to use their credit/debit cards are going to be in shock.  I also think that trying to use silver for purchase will not work as well because the retailers are just as naive as the rest of the population.  It will be some time before people accept coinage and value that coinage appropriately.  In the mean time, booze makes a very good form of payment.

    • My friends have mocked me for years for PM’s, dismiss me outright. I am going to ask Mike what he thinks of PM price rigging, what his opinion would be if it could be proven beyond doubt that the price is set by the central banks and has nothing to do with physical supply and demand. I would bet my whole stack that he will say it means nothing to him, he doesn’t care, it’s irrelevant. The level of ignorance today towards money is beyond anytime in history I believe. I think it has to do with techno-digital worship and people believing they can move beyond barbarous relics like physical things.

  9. Y2K: Computers were going to fail globally and shut down all communication and power grids thereby crippling everything; banks, grocery stores, gas stations, transportation, no power anywhere with rioting, looting, killing in the streets and the list went on and on and on.

    11-11-11; Take ALL of your money out f the banks! (They were going to fail as was government.)

    2011 thru 2016: The Comex is going to default (any day now!) Both “The Sky is Falling” Bill Holter and Harvey The Organ have stated this time and time again. After five years its gets old.

    Jade Helm; Another American civil war with civilian POW camps, dead bodies everywhere.

    I forget all of the other B/S  calls like Shemitah and other biblical apocalyptic predictions.

    Silver  had a blip up I agree but we are still down from $49/oz and you can purchase all you want right here for only .49 cents over spot for .999 fine generic rounds. (hey, silver is silver so generic is good enough for me. I mean when the SHTF event occurs before October I really don’t think anyone will care if you have a generic .999 Buffalo round or an American Silver Eagle… do ya think? I also find it ironic that its just business as usual with low, low silver prices if we are so close to financial Armageddon.

    • For INat38

      We do not know the behind the scenes details.  We do know that QE is not sound economic policy, but by the same token, we shouldn’t believe any part of the mythos that the FED is all about sound policy in the first place.  After all, it was illegal from the git go in 1910 @ Jekyll Island.  We don’t know because we are not supposed to know.  We are not supposed to know because the FED was never intended to be for our benefit, and I’m just saying what they themselves have said, or written.  It bears saying, that we get screwed by this system that isn’t ours because it’s by implied consent:  are you carrying FRNs in your wallet, or some other form of currency?  FRNs, right?  So the market watchmen look at the events, and they track the fundamentals, and it all points to imminent collapse.  According to Hoyle, it should have happened long ago, perhaps as late as 2001; it was overheated and unsustainable then, but there is some hidden, perhaps intensely evil force that has been keeping it propped up.  We haven’t seen what they have under the hood that makes this possible, but I believe that all will be revealed when this beast of Babylon is administered the coup de grace.  The Congressional record archives the statements of the men who saw what was coming in 1913, but the FED was allowed to open for business anyway, and that’s because America wasn’t listening then, and it’s not listening now, but I think the difference is that more people everyday are waking up to there is something badly wrong and most importantly, that we’re being lied to on a daily basis.

      The most important thing that Silver Doctors can do, right now, is what they’ve been doing right along which is keeping us informed with the reports and honest analysis that will never be made available from MSM sources.  This is because the more people they enlighten with real information the better our chances will be against the Khazarian Mafia pyramid of power and their plans to destroy the world.  The Khazarian Mafia knows they do not have free rein over the world because they are being opposed and it’s time that we know this too, understanding that our end doesn’t have to be like the Mad Max scenario nightmare that would have happened long before now if they had no opposition at all.

  10. Well, well, well…

    Guess it must be time to go dig up the war-stores from the south-40…

    Lost my “mushroom” patch….guess ‘ol Elmer Fudd will have to do this time around…

    Keep your wits about you, everyone!

  11. Remember the days when Sinclair and Polny were a short lived association. Guess Sinclair isn’t that religious. Holter to the rescue as Jimmy Joe’s embarrassment cozying up h Blo Pony will vindicate him by taking Holter into the partnership

  12. It’s probably more likely that the dollar would collapse to zero than collapse say 90% in value.  I say that because if the latter happens then we would all be the hogs with the big nuts. There’s no way the banksters would have that.  If the dollar collapsed to zero we would be stuck in the mayhem as well.  We would still be better off than those who didn’t stack anything.  At least I am one of the few Americans that recognize how precarious the situation with the dollar is.  Most of these guys don’t have a clue.

  13. Spot on Mark ! Disgusted that we are going to the polls and voting these days………….they are all scum and should be delt with immediately ! When do we march on Washington DC ?

     

    LET THE BODIES HIT THE FLOOR !

    LET THE BODIES HIT THE FLOOR!

     

     

  14. The bubble can pop anytime, this year or in a few more years. They will keep it going for as long as they can but I believe we are getting close to that crash. I still believe it will be next year though, 2017.

  15. “We’re just gonna kill the dollar”

    The closer we get to 2018 and the new Gold Backed Yuan and Ruble, the more correct people’s predictions become.  .  .  .

    It’s close alright.  Close.  Looking like an honest start to the last and final bull run that heads to the moon.

    Make sure you have as much silver in one ounce round .999 as possible.

    Heads up,

    Be safe.

  16. Bill s a great fearporn merchant which makes me sceptical of what he says but on this occasion I suspect he could be right. The level of control exerted by the Fed and other CB’s over all markets is probably far greater than most appreciate – with that in mind recent price moves have most likely been orchestrated and choreographed by them – bringing us close to a clear breakout level in silver which will probably precipitate a cascade of market events. So, we have to ask why now? Something could be going on behind the scenes that is yet to be revealed and whatever that is will probably be a game changer! The clue is what they have allowed to happen to PM’s because make no mistake, it wouldn’t have happened if it wasn’t planned. It could be time to buckle up.

  17. Right 6/7 years. And its all about silver. Covering it has no use. Its there.

    Looking ad several ratio’s .

    Momentum could be september 03 and december 08.  Incidents like japan and bankcrisis are misleading. Trying to hide something .  The ” end” like the title says ? What end ? Get silver

    Maybee  urly, but we could be there. That would mean. 21 silver , back 17. Then the moonshot. Every non us$ swisfr. should have 200% silver. In us$ 100% ha,ha

    In weak fiat currency those moonshots wil be very powerfull.

    Regards

     

  18. What end ??

    Its a fiat system and there has got to be inflation, and when thats not working they have to get inflation in the agressive way.

    Something like 1976 / 1980 is on. Simpel.

    Low and lower interest rates and fiat dumping until inflation is up and running .  Than the breakes higer interest rates etc.  But silver wil stil run even ad a rate of 25%. It wil be in the 2/300 $ .

    The endresult is that we can go on another 20 years or so.

    Family wil have to work average whit 2 persons than to have a “normal” life. And pay for it all.

    Thats the difference. From 1 person working in de 50ty”s to . 1,5 per houshold to … 2 in the future.

    This is the best we can do.

    There are no others way’s . Yes there are other ways , but not more human.

     

  19. @bertus  There appear to be a couple of things happening that contribute to what you note

    One in Five families in the US has no employed members in that family.  20% of these families are completely on the dole, with no savings and little chance of chance in their fortunes.   This means that unemployment is 20-25%

    It could easily become one in four and for that matter, at least one in four families have one only one member working, often part time, 29 hours a week so the employer doesn’t have to pay for very expensive health care.

    As for inflation, governments and central banks has this misplaced notion that they can control inflation and the economy.  In reality they cannot control anything and in most cases when they try to control inflation and the economy they make a huge mess of things.

    QE and monetary printing do not create inflation.  They just add to the money supply and encourage people to hoard assets including cash   People will hoard cash because they fear for their economic prospects.  They’ll even hoard DIGIFIAT if cash is not available or the government is making the holding of cash difficult.   This hoard pretty much eliminates inflation because the velocity of money goes to near zero

    The inflation hoped for by the Fed and ECB won’t happen until people lose faith in their cash.  They then spend it fiercely and with vigor to buy assets that might not be available or are increasingly scarce.  The scarcity will be self fulfilling, like the peripherals such as Brazil, Argentina and Venezuela.  Much would have to change for us to see hyperinflation or even serious inflation in the core commodities.  There are spots of inflation like health care and rent and those impact the fortunes of the people but are not driving inflation.  That monster has yet to arrive but deflation has taken hold and will remain for some time given interest rates and prices forced down as a result of the very weak recessionary economy in the US.

    • @AGXIIK

       

      Trick question:  Is it possible to have inflation in a declining rate environment?

      The Fed continues to claim that its inflation target is 2% but then they change so many of the rules as to how this is measured / calculated that they don’t seem aware of the fact that consumer price inflation has been in the 8-9% range for years now.  Their tried and true (?) method is to stop counting whenever reality intrudes on their Keynesian fantasies.  They can keep doing this and looking idiotic or they can wake the f*** up and return to the same reality with which the rest of us MUST deal.  Unfortunately for this possible scenario, they will not like what they see if they work up the courage to actually try this.  No, keeping their heads in the sand is far more comforting than confronting the reality that they have created and for which they are responsible.

       

  20. Hello agx11k

    Very tru what you are writing.

    Many differences are in the keynes theorie western country ‘s across the globe.

    I mean , onder normal conditions if a family would have the same standard of living like a family  in the 50ties , hous car incurancy pension kids education etc. In middle clas modus range .

    From 1980 until now that family needs work more hours to make the 50ties standard.

    you are wright that the growing group on the downsite is scatching to make the ends togetter.

    The middle class smaller and growing poor group.

    But inflation and consumption has to get moving.

    In switserland and a few other country are plans for a income for everybody. Yust it to them , and let the spend . And spend they wil and have and must.

    Silver is what i think a powerfull tool and CATALILIST TURBO in what you discrive as :

    “The inflation hoped for by the Fed and ECB won’t happen until people lose faith in their cash.  They then spend it fiercely and with vigor to buy assets that might not be available or are increasingly scarce.  The scarcity will be self fulfilling,”

    Silver has a special function to get things moving.

    Silver is money the oldest and they know it and use it . Awake the beast or devil . Let it loose. Its sleaping in the genes from there grands from he past. Silver moves spending , distrust in fiat . Moves oil metals industry etc.

    Its powerful , and that lyon out of the cage method” has to work.

    Or else….

     

    Regards

     

     

  21. “By Oct they will be blaming the upcoming Republican President…..”

    Hey, wait a sec!  I thought that the BS of the last 8 years “was all George Bush’s fault”.  Makes one wonder just WhoTF was in charge for these past 8 years.  :-/

     

  22. I do not see it this dramatic . Shure there are large westers parts and country’s  that are in bad shape. Like i said , there are more way cick he can down the road. More of the same for now . Watch the silver turbo.. The let it out a few times in the past.  And wat seems hopeless slowly turns to some light on the horison.

    It can and may not become like the 30ties depression  were de dollar ruled ( dollar was gold and silver ). We all know the results and after results from these times.

  23. @Ed_B  I’m trying to figure out how we have inflation in a declining rate environment.

    It seems very possible, like we have now.  Inflation and deflation have largely split, with personal services increasing  rapidly due to government mandates, regulations, take over of industries like health, mandates of higher  min wages and the like.  But demand for loans is down except where the government intervenes or is the borrower.  People, banks and institutions lending into this environment cannot find yield yet  are subject to unconscionable risk. The insanity of NIRP is destroying everything it touches.

    This bifurcation of government-influenced rates, government influenced markets and corporate and consumer driven economies are cataclysmically destructive to all parties, destroying capital investments, capitalism and anything remotely approaching a decent and safe return on investments. I would not touch UST issues for this reason.

     

    • @AGXIIK

       

      “I’m trying to figure out how we have inflation in a declining rate environment.”

      It is an unnecessarily complex issue with many moving parts.  The Fed and the US Gov have seen to that.  The free market was not enough for these jokers, so they had to “improve” it via their interventions.  On the one hand, they are nowhere near smart enough to do this and do a good job of it.  On the other hand, they have managed to avoid a full-blown collapse for a lot longer than most of us thought possible.

       

      “Inflation and deflation have largely split, with personal services increasing  rapidly due to government mandates, regulations, take over of industries like health, mandates of higher  min wages and the like.”

      One thing that makes this so difficult to figure out, IMO, is that the Fed and the US Gov have issued a blizzard of phony numbers to cover up the fact that the economy stinks, that unemployment is closer to 25% than to 5%, and that real inflation is in the 8-9% area and not in the 1.5-2% range that they always talk about.  When something changes their rosy view of the economy, they stop counting it.  This is like closing one’s eyes when real danger is rapidly approaching.  Guess what?  It’s STILL approaching, whether we have our eyes open or not.  This entire thing seems to be a case of “If you can’t dazzle them with your brilliance, blind them with your BS“… and I have yet to see anyone in this regime or at the Fed who seems dazzlingly brilliant.  I consider John Williams to be an honest economist and one of the few whom I would trust to give us the straight story.  He gets side-tracked sometimes by trying to make predictions about timing but other than that his economic observations seem spot on to me.

       

      “But demand for loans is down except where the government intervenes or is the borrower.”

      The loan business has a couple of HUGE problems now.  First, the banks don’t really want to make any loans to anyone who doesn’t have sterling credit.  They can do the carry trade thing, make almost the same money, do less work, and have a lot less risk.  Not loaning money is becoming a no-brainer for these guys.  The one exception to this seems to be when companies want to borrow money to buy back their own stock.  That they will fund.

      They’ve also done a lot of sub-prime auto loans.  Geez… don’t these guys EVER learn?!  Sub-prime means that they are less than likely to be repaid.  If those who study such things are right, there will be a blizzard of these loans defaulting in the next year or two… just in time for Odumbo to be out from under the mess he helped create.  It’s all a genuine forehead smacker.

       

      “People, banks and institutions lending into this environment cannot find yield yet  are subject to unconscionable risk. The insanity of NIRP is destroying everything it touches.”

      Agree 100% on NIRP… an insane idea horribly executed.  IMO, this is bankster capitulation.  They are literally throwing in the towel when they start doing this.  Just look at the illogic they are applying to this problem.  I will paraphrase it thus: Bankers: “OK, we know that cutting interest rates from 5% down to about 3% helped the economy.  Cutting to 2% was only a marginal improvement.  Reducing it further did not help the economy… at all. So, now let’s double down on this gone-too-far policy and go to negative interest rates!  Yes!  This is sure to work.”

      Oh, really?  There is ZERO evidence that this will get these moribund economies moving again because this is NOT addressing the real problem.  They are looking at the symptoms and not the disease.  IMO, the REAL disease is a toxic excess of government.  We need about 50-75% less government in our lives and messing with the economy and draining its resources.  And that’s just for openers.  Our economy simply cannot generate enough wealth for their miles long list of how OUR wealth should be shared with those who did nothing to help create it, not to mention thousands of new laws, rules, regs, and licenses each and every year.  Small business is the heart of the American economy and small business simply cannot afford all these grandiose government-created economic head-winds.

       

       

      “This bifurcation of government-influenced rates, government influenced markets and corporate and consumer driven economies are cataclysmically destructive to all parties, destroying capital investments, capitalism and anything remotely approaching a decent and safe return on investments. I would not touch UST issues for this reason.”

      Well, there we go… too much government “help” these days.

      Agree 100% on UST paper and practically all other debt paper out there.  There’s simply too much of it these days.  We’re awash in the stuff and we will all drown in it one of these days, unless we have silver and gold life vests.

      Although an economic collapse is certainly possible, my own view is that it is a lot more likely that we will see serious devaluation of the US$ one of these days.  Those who tell us that fiat currency has value are the same ones who tell us how much value it has.  When it suits them, they will disembowel the US$ and ruin the savings of everyone who collects these silly things.  Gold and silver will not be affected because their value is inherent and not subject to gubmint whims.  There’s a lot of speculation out there about what will cause this but there is no way to know for sure.  It’s also not necessary to know what causes it, only that it will happen.  Just ask our friends down in Venezuela how things are going these days.  They will tell us that they are not doing well at all.  Inflation is savage.  If it is not hyper-inflation, it is the next closest thing to it.  Couple this with insufficient food, water, personal care items, and electrical energy and you have a very nasty situation.  People will be leaving that country and heading for any country that will take them in… if they haven’t started yet, they soon will.

       

  24. Correct  . Williams uses the steady calculations under the same conditions like 1970/80. The today numbers are correct but they change the formula’s over and over.

    They have to . The endbill has to bee correct , and if you spent more and more each time… than they have to. Nixon started it. Or was it the romans or the germans or or.?  Always the same.

    See you ad silver 250.

    Regards

Leave a Reply