What Fields Will Survive Going Forward?


QUESTION: Hi Martin,

You are a clever man and all the best to you.  I am a 43 yr old man that is still looking for his way in life.  In short, knowing what you know, what business would you strive to get into?

I am purely looking for some sound advice as everyone is busy doing what they are doing.  Basically, any knowledge you would part with would be excellent, as I have no father figure to turn to.

Confused, is the word.

I know you are not a counselor, however, what advice would you give to your kids etc?

All the best,

Charlie

ANSWER: First of all, you have to pick a field that interests you. If you enjoy what you do, you will be good at it. If you are asking what business to start, you have to pick a field that is new or has little competition. You obviously would not try to start a smartphone company when you have giants who dominate the field. If you have a revolutionary idea, then you can start that and look to be taken over by one of the big boys.

It is all about what you enjoy. The economy is turning toward technology. Learning skills in programming will be the leading industry for the decades ahead. Fields that a labor-intensive will survive. such a construction. However, services, in general, can suffer where computers can replace that sort of employment. Keep in mind that as governments raise taxes, they put the lower levels out of employment. This trend has also tended to hit the very high end as well.

As technology advances, it will always displace sectors of employment. The combustion engine led to tractors and farm equipment so employment fell from 41% of the civil work force in 1900 to just 3% by 1980. Service jobs are being replaced by the internet every day.

As long as Cryptocurrencies remain Assets – Then they will Survive a Monetary Crisis.


 

QUESTION: You originally said back at the 2015 WEC the first window for the monetary crisis and the collapse of the Euro could arrive by 2018 and then the cycle was extended into 2021 when the Euro finally elected a weekly bullish. So it appears correct that 2018 is the start as the Euro never reached your target but came close and the EU seems to be coming apart at the seams. Gold could never get through your 1362 number either so that too seems to have confirmed a false move extending your cycle into 2021. I understand that cryptocurrencies are really an asset class and not really a currency. Nevertheless, do you think that cryptocurrencies can survive a monetary crisis?

WN

ANSWER: The year 2018 was the start of the Monetary Crisis. We had a shot that this could all come undone in 2018. However, you are correct. All we achieved was a false rally with the Euro stopping just shy of our number and gold struggled admirably but could not get through 1362. There were many other markets also confirming that we are dealing with only the beginning of the crisis here in 2018 rather than the conclusion including the consolidation in the stock market without election any monthly bearish reversals. The monetary reset can arrive during the next window in time come 2021 if we get the dollar at new highs. Then the monetary system will crack. However, this could drag out to the third window which is of course 2032. That appears to be more the shift of the Financial Capital of the World to China at that time.

These are the turning points. The Reversals are the key which confirms or denies the trend. My opinion as to the future is still an opinion. I will say this. As long as cryptocurrencies are an asset class, then they will survive a monetary crisis along with all other assets. Assets are the ONLY thing that survives the collapse of a currency. So be careful of what you wish for.

The new currency issued after the German Hyperinflation, Rentenmark, was backed by real estate. Tangible assets are on the opposite side of whatever the currency is in use. When the stock market rises, the purchasing power of the currency declines. When the stock market crashes, then the purchasing power of the currency rises. They are on OPPOSITE sides. Do you really want a cryptocurrency to be a currency or asset? Most people pitching them are really explaining an alternative asset – not a currency.

Cryptocurrencies are a new asset class. Just look at them from that perspective. You are asking a lot if we are talking about replacing the monetary system with private money. That is just not likely in the cards. Nonetheless, we will probably end up with a new RESERVE currency used among nations. That is still unlikely going to be a world currency used by the people in every country. What we use for currency can be cryptocurrencies of some sort ONLY if we see the political powers crumble and fall.

None of the big IT companies are doing anything with Blockchain. That may change in the future and it may even be replaced by something even better. I draw the line between an asset class and a replacement currency for the dollar with a very thick marker. You would have to completely destroy the system as is for that to even come into play. Is that what people are praying for? All pensions gone, banks destroyed and you think this cryptocurrency will be the only thing to survive? You go that far the ONLY money becomes FOOD! We are still in mid-game and we are not yet close to the end-zone.

For now, cryptocurrencies are not a currency at all, they are a new asset class. Just because they are called “currency” does not make them an actual currency. If they are not widely accepted in payment as legal tender, then they are not yet ready for prime time. When you go online to buy anything, they display the standard payment methods – not BitCoin.

You buy insurance for healthcare, fire, accident, but when it comes to death insurance, they flipped the name to life insurance. They could not sell “Death Insurance” for people would respond that they were not ready to die and it was seen as bad luck to buy death insurance because you may invite such an event.  To sell “Death Insurance” they called it “Life Insurance” and then everyone would buy it and brag how much they had. Calling BitCoin a “currency” does not make it one. It is still an asset class and for it to be a currency, it would have to respond OPPOSITE of assets, not trade with them.

Cryptocurrencies are an ASSET CLASS for trading. Do not marry the trade. Treat them as any stock and you will be fine.

How Linear Thinking that has blinded most People


COMMENT: I think I now see the light. It has been my linear thinking that has blinded me. Gold rallied and failed as was the case with the euro, British pound and so on. Putting them all together is why who said that the euro would rally because they all were indicating a pause in the trend of the dollar. If they all crash together, I can see the dollar rally easier for they are all lined up the same way on your model looking at the reversals. I hope you elaborate on this in Singapore.

SHV

REPLY: Yes you are starting to see the light. You cannot have just one market rallying beyond the reversals without the others. Everything is linked. You have to begin to look at the world as a hedge fund manager to see what others cannot. You did not elect a key Monthly Bullish in any of these markets. That is the key. The same model allows us to see the critical point across the financial spectrum and in that instant we can listen to the markets telling us the future.

Opinion means nothing, including mine. ONLY the model allows us to see everything in a black & white manner without prejudice. This is how we avoid Marrying the Trade!

Yes, at the Singapore WEC I will cover this interlinking process so the future is revealed by the markets, not my opinion.

Stefan Halper Agent Provocateur – In His Own Words…


Stefan Halper has been identified and confirmed as the intelligence informant used by President Obama’s CIA and FBI to engage in contact with low level Trump campaign officials during their efforts to conduct a counterintelligence operation against the candidate.  The joint CIA and FBI operation was codenamed “Crossfire Hurricane“.

Rather ironically, five days before the 2016 election intelligence agent provocateur Stefan Halper gave an interview to Sputnik News where he outlined his agenda; in hindsight the aggregate agenda of the Obama administration:

“I believe [Hillary] Clinton would be best for US-UK relations and for relations with the European Union. Clinton is well-known, deeply experienced and predictable. US-UK relations will remain steady regardless of the winner although Clinton will be less disruptive over time.”  ~ Stefan Halper

2016 was not CIA/FBI Agent Halper’s first endeavor into manipulating the outcomes of U.S. political elections.  Indeed manipulating elections it is a specific skill-set within his curriculum vitae.   As noted in a New York Times article 35-years ago:

1983 – […] An operation to collect inside information on Carter Administration foreign policy was run in Ronald Reagan’s campaign headquarters in the 1980 Presidential campaign. […]  it involved a number of retired Central Intelligence Agency officials and was highly secretive.

The sources identified Stefan A. Halper, a campaign aide involved in providing 24-hour news updates and policy ideas to the traveling Reagan party, as the person in charge.

[…]  Speaking of Mr. Halper, David Prosperi, a Reagan campaign aide, now with the Superior Oil Company, said, ”He provided us with wire stories and Carter speeches, but people talked about his having a network that was keeping track of things inside the Government, mostly in relation to the October surprise.”  (read more)

Some terrific background research on Stefan Halper was done long before mainstream media picked up on his role as FBI Agent Provocateur.  Two months ago a Twitter Thread by TheWarEconomy outlined the scale of Agent Halper’s work weaving intelligence operations and U.S. politics into a deep state career. Including:

♦ Agent Halper worked as an assistant to three Chiefs of Staff – Alexander Haig (until September 21, 1974), then Donald Rumsfeld (from September 21, 1974 to November 20, 1975), and then Dick Cheney (from November 20, 1975 to January 20, 1977). (link)

♦Agent Halper worked as a legislative assistant to Senator William Roth of Delaware holding this position from 1977 to 1979.  Because Halper was working with Senator Roth, he also became a Special Counsel to the United States Congress’ Joint Economic Committee. (link)

♦In 1979, agent Halper left both positions to become the National Director for Policy Development for George H. W. Bush’s Presidential campaign. (link)  Halper then became the National Director of Policy Coordination on the Reagan / Bush Presidential campaign. (link)

♦ On November 4, 1980, Ronald Reagan was elected to become the President of the United States. From 1981 to 1984, agent Halper worked as the Deputy Assistant Secretary of State. (link)  As such, Halper served under three different Secretaries of State – Alexander Haig (from January 22, 1981 to July 5, 1982), Walter J. Stoessel, Jr. (from July 5, 1982 to July 16, 1982) and George P. Shultz (from July 16, 1982 to 1984).

♦After this, agent Halper became a Senior Advisor to the Department of Defense, and a Senior Advisor to the Department of Justice, positions lasting from 1984 to 2001. (link)

♦Agent Halper’s former father-in-law was Ray Cline, who was the Deputy Director of the Central Intelligence Agency. (link)  As Chairman of Palmer National Bank, Agent Halper  made loans to customs who then used it to channel the money to a Swiss bank account controlled by Colonel Oliver North, who then used the same bank account to provide military assistance to the contras. (link)

♦Along with Agent Halper, several Central Intelligence Agency related people were on the H. W. Bush campaign, including Ray Cline, Sam Wilson, Howard Aaron, Henry Knoche, Robert Gambino, Bruce Rounds, Jon Thomas, Jack Coackley and Richard Stillwell. All working with agent Halper. (link)

♦Agent Halper was on the Board of Directors at the National Intelligence Study Center, alongside his father-in-law and CIA Director Ray Cline, in 1983.  (link)  Agent Halper and his team of Central Intelligence Agency people during the Reagan / Bush ticket actually collected inside information on the Carter Administration’s foreign policy – with Halper in charge. (link)

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.”

“For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear.”  ~ Marcus Tullius Cicero

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Authoritarianism and Islamic Extremism (The Panel: Part 2)


Published on Mar 10, 2016
Watch the full discussion about self-censorship, secularism, and more: http://bit.ly/226gqt7 Human rights activists Faisal Saeed al Mutar and Melissa Chen join Dave Rubin for a discussion about authoritarianism, Islamic extremism, and more. ***Subscribe: http://www.youtube.com/subscription_c… Watch more on Ora TV: http://www.ora.tv/rubinreport

Self-Policing, Stereotyping, and Being Easily Offended (The Panel: Part 1)


Published on Mar 9, 2016
Watch the full discussion about authoritarianism, Islamic extremism, and more: http://bit.ly/226gqt7 Human rights activists Faisal Saeed al Mutar and Melissa Chen join Dave Rubin for a panel discussion about growing up in Singapore, self-policing around the world, stereotyping, and being easily offended. ***Subscribe: http://www.youtube.com/subscription_c… Watch more on Ora TV: http://www.ora.tv/rubinreport What are your thoughts? Comment below or tweet to Dave: https://twitter.com/RubinReport

Shelby Steele: Is White Guilt Destroying the West?


Published on Nov 3, 2017

Shelby Steele (born January 1, 1946) is an African American author, columnist, documentary film maker, and a Robert J. and Marion E. Oster Senior Fellow at Stanford University’s Hoover Institution. He specializes in the study of race relations, multiculturalism, and affirmative action. In this clip, he talks about whether white guilt is destroying the west. Full talk, quoted under fair use: https://www.youtube.com/watch?v=HF3Va…

The DOJ and FBI Were Not Always Prone To Withholding Evidentiary Documents…


With the stark, albeit predictable, reversals and unavoidable admissions regarding an orchestrated effort from the Obama DOJ and FBI to conduct opposition research on the Trump campaign –via spy networks and surveillance– the larger conspiracy is laid bare.

Unsurprisingly the professional media proletariat shift strategies from denial to justification.  All of the questions previously posed -and dismissed- about funding for the dossier, campaign surveillance, wiretaps and political spy operations are no longer conspiracy theory. That’s the pesky problem with truth; it exists regardless of media’s unidirectional opinion of it, or their efforts to hide its location.

However, with more people paying attention, perhaps now is a good time to revisit another simply set of truthful facts; something entirely forgotten amid the past six months of slowly emerging evidence.  Amid months of DOJ and FBI sunlight avoidance strategies, there was actually a time not long ago when a flood of sunlight appeared for apparently no reason whatsoever.

Those of us who have followed the internal battle amid two very obviously waring factions within the U.S. intelligence apparatus have been watching this play out so long we have forgotten the timing of a critical turning point.  Set against the backdrop of an intelligence apparatus, an administrative state per se’, desperate to retain survivability, it is worth remembering December 2nd, 2017.

On December 1st, 2017, the Praetorian media were gleefully celebrating a guilty plea for General Michael Flynn, President Trump’s former National Security Adviser. It was less than 24 hours later, December 2nd, when one-side of the battle struck back.

On December 2nd, 2017, three names surfaced:  Peter Strzok, Lisa Page and Bruce Ohr.  Along with the names came hundreds of pages of documents containing tens-of-thousands of text messages.

Why?

On December 2nd, 2017, Congress was unaware of the Page/Strzok text messages.  No-one was making inquiries about them.  Devin Nunes, along with every other elected chair-person, was oblivious to the existence of them.  No-one knew to ask for them, or to ask about anything contained within them, because no-one even knew about them.

So how did they surface?

Why did they surface?

Heck, expanding: how and why did we discover Pete, Lisa and Bruce?

Now, a sidebar; not a puzzle… just thoughtful stimulation and refresh.

Did you read the 39-page Inspector General report on Andrew McCabe?  You know, the one that ended with a referral to the FBI Office of Professional Responsibility; the released IG report that was an outcome of one component within the IG origination mandate;  the part about investigating leaks to the media; that’s the component that led to the IG Report on Andrew McCabe.  Do you remember it?

The Oversight and Review Division, IG report on McCabe, was published April 13th, 2018. The IG report was written in February of 2018, two months prior to publication.

However, the detail missed by all media inquiry – is that all of the evidence within the IG report on McCabe; all of the interviews; all of the INSD investigation documents; everything needed to assemble the report; happened before December, 2017.  The final McCabe interview, under oath, was November 29th, 2017.

Why does this matter?

Everything within that IG report on McCabe happened prior to the December 2nd mysterious release of information on Peter Strzok, Lisa Page and Bruce Ohr.

On December 2nd 2017 the Andrew McCabe investigation was complete, except for assembling the evidence and outlining the material in a report.  On December 2nd we get a mysterious release of unrequested information on Pete, Lisa and Bruce.  And no-one is curious about why the text messaging information appeared out of no-where?

Within the current story of admissions by the Obama intelligence apparatus, there is a transparent inability -amid an incurious media- to pause, reflect and ask themselves if something deeper on the investigative side has been happening all along; much longer than discussed.

Again, why, out of no-where, did the DOJ-IG tell the world about Pete, Lisa and Bruce on December 2nd, 2017, and then release batches of text messages no-one even knew enough to ask about?

I have an idea…

Huber approved, and redacted them.

Flashback: DNI James Clapper Saying FBI Never Had Court Ordered Wiretaps on “Candidate Trump or His Campaign”…


FLASHBACK – The Dateline is March 9th, 2017: The media is interviewing former DNI James Clapper to push-back against President Trump’s recent tweets about his 2016 campaign, and campaign officials, being under surveillance from Obama intelligence officials. Here’s what Clapper said on Meet The Press:

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This week The New York Times [Here and Here] and Washington Post [Here] have reluctantly admitted the Obama intelligence apparatus: CIA, DOJ-NSD and FBI were conducting surveillance on the Trump campaign through the use of FISA Warrants, National Security Letters, and “informants” used to target the campaign.

The IC narrative has shifted from denial to justification. President Trump responds:

(Full Memo pdf)

March 2017:

May 2018:

Joint U.S. – China Statement After Two Days of Trade Negotiations…


The White House has released a “Joint Statement of the United States and China Regarding Trade Consultations“:

“At the direction of President Donald J. Trump and President Xi Jinping, on May 17 and 18, 2018, the United States and China engaged in constructive consultations regarding trade in Washington, D.C. The United States delegation included Secretary of the Treasury Steven T. Mnuchin, Secretary of Commerce Wilbur L. Ross, and United States Trade Representative Robert E. Lighthizer. The Chinese delegation was led by State Council Vice Premier Liu He, Special Envoy of President Xi.”

“There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China. To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services. This will help support growth and employment in the United States.”

“Both sides agreed on meaningful increases in United States agriculture and energy exports. The United States will send a team to China to work out the details.

The delegations also discussed expanding trade in manufactured goods and services. There was consensus on the need to create favorable conditions to increase trade in these areas.

Both sides attach paramount importance to intellectual property protections, and agreed to strengthen cooperation. China will advance relevant amendments to its laws and regulations in this area, including the Patent Law.

Both sides agreed to encourage two-way investment and to strive to create a fair, level playing field for competition.

Both sides agreed to continue to engage at high levels on these issues and to seek to resolve their economic and trade concerns in a proactive manner.”

[Statement Link]