Why Are Ancient Coins Rising in Price?


Armstrong Economics Blog/Ancient History Re-Posted Jan 16, 2023 by Martin Armstrong

QUESTION: I went to the New York show and I sat in on that CNG auction to watch the Diocletian medallion. A friend said you told him you thought it would bring $750,000 on an estimate of $500,000. Well, it brought $1.9 million to everyone’s shock. It seemed that prices were generally double estimates on most things. I was curious if you would comment on that.

Cheers

CP

ANSWER:  Yes I know. I was watching it online. I do not know who was the buyer or the underbidder. One dealer told me it was a collector. Ancient coins are rising because they are a global market. If you have American, British, or German coins, naturally the best market will be in those countries. However, when it comes to ancients, there are buyers in China and Russia coming into the marketplace in addition to Americans and Europeans.  Simply put, ancients are a global market for they bring to life history and much of history has even been confirmed by the coinage.

The prices have continued to rise even in the face of rising interest rates and the Fed’s attempt to cause a soft landing. The fact that these coins are still rising sharply confirms what I have been warning that our computer does NOT see another Great Depression and complete collapse in the share market. We are in this trend where money is simply trying to get off the grid.

Sunday Talks, Maria Bartiromo Interviews Matt Taibbi About the Twitter File Discoveries, DHS and FBI Officials asking Twitter to Unmask Thousands of Users


Posted originally on the CTH on January 15, 2023 | sundance 

Journalist Matt Taibbi appears on Sunday Morning Futures with Maria Bartiromo to discuss his findings within the ongoing review of the Twitter communication files.

As Taibbi notes, the FBI was asking for the unmasking of several thousand accounts to include usernames, use identity, ip addresses, geolocation of the account holders and other personal identification data that would normally require a search warrant.  The Dept of Homeland Security (DHS), the FBI and in some cases the CIA would submit these requests and Twitter was fulfilling, albeit sometimes uncomfortable in the compliance demand.  WATCH:

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If you have followed the research behind “Jack’s Magic Coffee Shop,” none of this is likely surprising.  However, the ramifications and blatant violations of the fourth amendment are quite stark.   It was not that long ago when you would have been accused of being a conspiracy theorist for making these now provable claims.

Mr Taibbi continues to provide the most pertinent takeaways from his reviews.  And to his credit, Taibbi always notes there is a pre-filter applied to the information he is receiving; so, it’s highly likely the intelligence state is still controlling the scope of public awareness behind the justification of “national security”.

Sunday Talks, Rod Rosenstein Rises to Defend Honor and Apolitical Integrity of DOJ Special Counsel Appointments


Posted originally on the CTH on January 15, 2023 | sundance 

There’s no politics here.  Washington DC is comprised of magnanimous institutions filled with exceptionally moral people who commit their lives to a career of public service on behalf of this nation.  So sayeth Rod Rosenstein as he takes up a defensive position against the vulgarian horde who do not cherish their rulers with enough reverence, or something like that.

As the story is told, there are only honorable and altruistic officials within the institutions of the U.S. Department of Justice and Federal Bureau of Investigation.  The examples of Robert Mueller, Christopher Wray, Merrick Garland and both special counsels Smith and Hur are presented as evidence to highlight the great fortune of an ungrateful nation.

If Washington DC is a bubble, the great pretending Bubble Boy is Rod Rosenstein.  WATCH (or, transcript Below):

[Transcript] – CHUCK TODD:  And joining me now is the former Deputy Attorney General under President Trump, Rod Rosenstein. The newly-appointed special counsel looking into Biden, Robert Hur, served as Rosenstein’s top aide in the Justice Department, overseeing the special counsel investigation into the Russian election interference. Mr. Rosenstein, welcome to Meet the Press.

ROD ROSENSTEIN:  Thank you. Glad to be here, Chuck.

CHUCK TODD:  In December, after the appointment of the Trump special counsel, when asked whether you would’ve done it, you said you probably wouldn’t have. How about this Biden special counsel?

ROD ROSENSTEIN: Yeah, I think, Chuck, having made the appointment in the Trump case, Merrick Garland put himself in a position where he really had no choice when this matter came along, unless the preliminary inquiry were to establish that there was no chance that a crime had been committed. And according to what we’ve heard, John Lausch did not make that decision.

CHUCK TODD: Do you believe that appointing a special counsel strengthens the Trump special counsel, and strengthens their ability to come to different conclusions? Or does it muddy the waters?

ROD ROSENSTEIN: I think, Chuck, you have to differentiate between the political consequences and the practical consequences for the special counsel. For Jack Smith and Rob Hur, they’re conducting independent investigations. They’re going to go evaluate the facts and the law, make their recommendation based upon what they find. So I don’t anticipate that the existence of two special counsels is going to influence the way either one of them goes about their jobs.

CHUCK TODD: To the public it appears – I had somebody use this metaphor with me, and I want to use it, there are two car wrecks: one clearly is an accident, one appears to be intentional. Is that a fair way to look at these two classified document situations?

ROD ROSENSTEIN: I think, Chuck, we should wait until we know the facts. You know, the key fact with regard to the Biden documents, of course, is what did the president know about those documents? Was he aware that they’d been moved? Did he, in any case, in the past five years, has he handled those documents? Was he aware of them? We just don’t know that yet. So I think even that we really can’t speculate, just based on what’s been public record.

CHUCK TODD: Tell me your confidence level in Jack Smith and in Robert Hur.

ROD ROSENSTEIN: Well, these are two professionals who spent extended amounts of time in the Department of Justice. They understand that their goal is to focus on the facts, and law, and apply department policy. And both of these men are not going to be influenced by political pressure.

CHUCK TODD: You feel that they’re both – you said something intriguing to me. You said, “You know, every special counsel starts with sterling credentials, and then the public gets a hold of them.” But would you say that’s the case with both of these gentlemen?

ROD ROSENSTEIN: It’s certainly true of these gentlemen, as it was with people like Ken Starr and and Bob Mueller, that you pick people with sterling reputations who are known for being nonpartisan. But you’re in the political arena where it’s inevitable you’re going to be attacked.

CHUCK TODD: There’s two sort of unique defenses in each of these cases that I’m curious your take on. One is Donald Trump’s claim that he could declassify anything he wanted. Now, he’s not made a legal claim that he did that. And the second is, Joe Biden’s currently president. So is it currently illegal for him to have classified documents in his possession, even if it’s at his home, next to his Corvette?

ROD ROSENSTEIN: Well, that’s one of the questions the special counsel will have to look into. And in addition, you know, the legal status of the vice president, whether or not he has authority to make any declassification decisions. But the key question, the threshold question here is going to be: was President Biden aware of those classified documents?

CHUCK TODD: And how does that get proven? Do you think he’s going to have to sit for an interview?

ROD ROSENSTEIN: Well, that would be a logical step if I were conducting this investigation. I want to go right to the source and ask the president directly whether or not he was aware of those documents.

CHUCK TODD: A sitting president can’t be indicted, according to the Justice Department. So let’s say something is found, what would happen?

ROD ROSENSTEIN: You know, Chuck, I think what should happen in a special counsel investigation is that the special counsel should evaluate the facts and the law, look at Department of Justice policies, and make a recommendation to the attorney general about whether or not prosecution is warranted. Then it’s up to the attorney general to make the decision whether to apply that DOJ policy.

CHUCK TODD: Alright. If you were – you had been in this similar situation. It’s November 4th, it’s four days before the elections. The National Archives informs you that, “Hey, you know, President Biden has just turned over some classified documents that he had in his possession.” Is it too close to the election to tell people? Is that why the Justice Department didn’t inform folks publicly? Is it too soon? Are there questions that should be raised about this or not?

ROD ROSENSTEIN: Chuck, it’s not the Justice Department’s job to make public announcements like that. The decision about whether or not to go public would be left to the president and the White House. So I would not anticipate the Justice Department under any circumstances to make a public announcement about something like that.

CHUCK TODD: You wouldn’t have done that in that similar situation?

ROD ROSENSTEIN: In the Justice Department I would not have publicized it, no.

CHUCK TODD: I am curious. There’s a lot of new committees on the Hill that want to investigate some Justice Department practices. And some of these are for current investigations. You essentially said, you know, no, when you were there and others, you didn’t turn stuff over to Congress in active investigations. Do you expect Merrick Garland to do the same?

ROD ROSENSTEIN: I think the bright line, Chuck, is not to turn over anything that’s going to in any way interfere with the investigation. And so that’s a decision the department needs to make in addressing each request as it comes along. There are legitimate congressional oversight requirements that the department can accommodate. But there really is a bright line when it comes to anything that might interfere with the investigation.

CHUCK TODD: So the fact that they have already sent letters demanding certain things now, in your mind there’s nothing Justice can do until they’re done with this investigation, correct?

ROD ROSENSTEIN: I wouldn’t say that. I mean, there are, as I said, legitimate oversight issues that can be resolved without interfering with the investigation. So for example, one bright line would be investigating the prosecutor while the case is ongoing. I think that’s a place where the department would need to draw a line.

CHUCK TODD: Let’s go back in time. In hindsight, doing special counsels, is this the slippery slope that many previous attorneys generals have always feared, that once you appoint one you essentially can’t stop appointing them? Once you claim there’s a rationale of a perception of unfairness, aren’t you stuck, basically, appointing them throughout the rest of the term?

ROD ROSENSTEIN: Yeah, that was true, Chuck, under the independent counsel statute, where there was actually a statutory obligation to appoint an independent counsel. It’s not true under the special counsel guidelines. It’s always left to the discretion of the Attorney General to decide whether the public interest warrants it in that particular case. So I do think when you have a similar case, as you do with the Trump and Biden documents, that you have established a precedent. But I don’t know that you need to apply that universally.

CHUCK TODD: I ask that because a decision was made last year not to appoint a special counsel on the Hunter Biden investigation. But now he has appointed a special counsel to look into Joe Biden and these classified documents. Merrick Garland made the decision to put both January 6 and the classified documents under the umbrella of one special counsel. Is he going to be forced to do the same thing with Hunter Biden?

ROD ROSENSTEIN: Well, I think you need to distinguish Hunter Biden from President Biden. We don’t know whether that Hunter Biden implicates the president in any wrongdoing. If it did, I think Merrick Garland would need to make that decision. But as long as it’s just about Hunter Biden, I don’t think that decision point will be reached.

CHUCK TODD: There’s a lot of criticism on Capitol Hill of the FBI. You worked pretty closely with Christopher Wray. What say you about Christopher Wray?

ROD ROSENSTEIN: I think Christopher Wray is doing a superb job under very challenging circumstances. You know, this criticism of the FBI has been ongoing for some time. But if you look at the work the Bureau is doing on a day-to-day basis, I think the American people should have confidence in what they’re doing. And I think Chris Wray is the right person to be in that job now.

CHUCK TODD: Judging by our political climate of the last decade, do we have to figure out another way to politically appoint members of the Justice Department? Or do you think we can get through this moment?

ROD ROSENSTEIN: I don’t think there’s any reason to mess with the appointment process, Chuck. You know, the majority of employees of the department are career employees. The leadership is subject to political appointment, and I think that that’s an appropriate way to manage the department.

CHUCK TODD: All right, Rod Rosenstein, former Deputy Attorney General who’s seen his share of special counsels, and has been through this. Appreciate you coming on–

ROD ROSENSTEIN: Thank you.

Interview: Will the Economy Collapse Completely in 2023?


Armstrong Economics Blog/Armstrong in the Media Re-Posted Jan 14, 2023 by Martin Armstrong

Check out the video above or click here for my latest interview with Maria Zeee of zeeemedia.com.

Interview: Martin Armstrong on 32% Inflation


Armstrong Economics Blog/Armstrong in the Media Re-Posted Jan 14, 2023 by Martin Armstrong

What’s Going on with Gold?


Armstrong Economics Blog/Gold Re-Posted Jan 10, 2023 by Martin Armstrong

The goldbugs are cheering that there has been a central bank buying of gold. They think somehow that this is because they are bullish on gold. What seems to be going over their heads is what I warned before – when China starts to sell US debt, war is coming.  I have made it very clear that the precursor to war is always capital flows. That will be on steroids this year.

My clients taught me how capital and war move. At conferences, I stated that we were advising the Universal Bank of Lebanon. They found a ledger in the basement where someone wrote down the price of the Lebanese pound every day into the 19th century. They asked if we could build a model. I said sure! Here is a chart from back then. Our model warned that their currency would drop dramatically in 8 days. I thought there was something wrong with the data. Needless to say, I formed the client what the computer said and I commented that something had to be wrong. Very calmly, they asked what currency would be best. I said the Swiss franc. 8 days later the civil war began. The computer was correct. Then the same thing happened with the Iraq-Iran war.

By 1998, I understood the model’s ability to forecast war. I have never created a model to do that. It figured it out all on its lonesome. I stood up in June 1998 in our London WEC and warned that Russia would collapse in about 30 days. The London Financial Times reported that forecast and that became the collapse of the Russian debt market and Long-Term Capital Management debacle.

I have warned that if China was preparing to invade Taiwan, then they would start to sell off all US government debt. They would not risk owning US government bonds and watch Biden freeze it all and then claim it will be used to rebuild Taiwan as they are doing to Russia. So China began selling off US debt at the end of 2021. They have been buying gold because they cannot hold US or EU debt in time of war. It is as simple as that. The gold is simply neutrality, for it also does not pay interest. – So much for the inflation nonsense.

Rut Roh, USDA Approves First Vaccine for Honeybees


Posted originally on the CTH on January 8, 2023 | Sundance

Um, I’m not saying that introducing a genetically modifying vaccine into the human population through the use of the pollinizing process in agriculture via honeybees was a plot line for an X-Files movie, except it actually was. Now this:

(New York Times) – A biotech company in Georgia has received conditional approval from the U.S. Department of Agriculture for the first vaccine for honeybees, a move scientists say could help pave the way for controlling a range of viruses and pests that have decimated the global population. It is the first vaccine approved for any insect in the United States.

The company, Dalan Animal Health, which is based in Athens, Ga., developed a prophylactic vaccine that protects honeybees from American foulbrood, an aggressive bacterium that can spread quickly from hive to hive.

[…]  The vaccine is incorporated into royal jelly, a sugar feed given to queen bees. Once they ingest it, the vaccine is then deposited in their ovaries, giving developing larvae immunity as they hatch.

[…] In 2015, she and two other researchers identified the specific protein that prompts an immune response in the offspring and realized they could cultivate immunity in a bee population with a single queen. 

[…] The introduction of a vaccine comes at a critical moment for honeybees, which are vital to the world’s food system. […]  honeybees pollinate about one-third of the food crops in the United States and help produce an estimated $15 billion worth of crops in the United States each year. Many beekeepers lease their hives across the country to assist in pollination of almonds, pears, cherries, apples and other types of produce.  (read more)

Wait,… wasn’t there some weird story about some vaccine promoting guy buying up a bunch of farmland in the United States for some unknown reason?…

“Gates is the largest private owner of farmland in America after quietly amassing some 270,000 acres across dozens of states, according to last year’s edition of the Land Report 100, an annual survey of the nation’s largest landowners.” (link)

I’m sure there is nothing to worry about.  I mean it’s not an mRNA vaccine…

… yet.

Sunday Talks, Shannon Bream -vs- Jim Jordan


Posted originally on the CTH on January 8, 2023 

Fox News Host Shannon Bream, one of the true Machiavellian conscripts, is given the responsibility to maintain the great pretending on behalf of the Republican chattering class.   One of the key tactics of the professional pretenders is to ¹frame constant opposition narratives as questions.

To reply, Representative Jim Jordan is responsible for dispatching the pretending narrative delivered by Bream and hitting back with the reality hammer.

¹This is why I do not watch Fox News puppets much.   Their production group is a functional set of background puppeteers.  This is also why Fox News host Tucker Carlson produces and directs his own show from outside the system, just like Lou Dobbs used to.  Tucker Carlson Tonight is essentially a podcast distributed by broadcast media.

Injecting Vaccines into the Food Supply – Why?


Armstrong Economics Blog/Vaccine Re-Posted Jan 7, 2023 by Martin Armstrong

We must really start to look at what the hell is going on. There are proposals to inject these vaccines into the food supply to thereby circumvent those who do not want to take vaccines. What is really the end objective here? It certainly is NOT to promote health and to ensure that society eliminates disease that naturally acts as a limitation on population growth.

It is inconsistent with these people who behind closed doors discuss how to REDUCE the population. Perhaps all these experiments should be first tested on journalists who think they are the next best invention since sliced bread. Just maybe, then we may, at last, get honest journalists who really investigate instead of propagating what they are told to push.