Tag Archives: BitCoin

Jul 11 2025

AI GOVERNANCE: Allen And Bin Ladin Report Live From Geneva On Globalist Push For Technocracy


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST

Jul 11 2025

June Minutes Report Decoded


Posted  originally on Jul 11, 2025 by Martin Armstrong 

Interest Rates Percent

The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30. FOMC members unanimously maintained the borrowing range between 4.25%-4.5% where it has stood since December 2024. The central bank knows that it has limited power to control inflation through rate cuts, and stimulating demand is a moot point when the government is the largest borrower.

Instead of noting that the government simply borrows in perpetuity, Fed members focused on uncertainty surrounding tariffs and a potentially weakening labor market. Chairman Jerome Powell stated that cutting rates was a “closer call” as the 2% inflation target as been out of reach for several years. “With regard to the outlook for inflation, participants expected that inflation would continue to move toward 2 percent, although they noted that recent higher-than-expected readings on inflation, and the effects of potential changes in trade and immigration policy, suggested that the process could take longer than previously anticipated,” the FOMC minutes said. The last CPI reading was 2.7% with the PCE coming in at 2.4%.

The ongoing Trump v Powell feud is potentially spilling over into policy. Despite non-foreign-born citizens picking up over 2 million jobs as a direct result of deportation efforts, the Fed believes that the weakening labor market could be the result of deporting cheap labor. “Almost all participants judged that upside risks to the inflation outlook had increased. As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy,” the minutes said. Unemployment fell to 4.1% with June posting an increase of 147,000 jobs.

The Fed is also blaming Trump’s tariff policies for inflation. “Ultimately, the cost of the tariff has to be paid, and some of it will fall on the end consumer,” the Fed Chair told reporters in June. “We do expect to see more of that over the course of the summer.”  Powell is confusing a one-time price adjustment with a monetary-driven inflationary wave that began in 2015 and soared after the pandemic. As previously noted, “almost all” participants saw trade policy as an upside risk to inflation. “Many participants noted that the eventual effect of tariffs on inflation could be more limited if trade deals are reached soon, if firms are able to quickly adjust their supply chains, or if firms can use other margins of adjustment to reduce their exposure to the effects of tariffs,” the Minutes stated.

A ”couple” of members stated rate cuts could happen at the next meeting, with Fed Governors Michelle Bowman and Christopher Waller going on record to say that they believe rate cuts are appropriate this month. “Several” officials said the overnight rate “may not be far” from target, believing a bit of adjustment could bring inflation to target. The “dot plot” of individual officials indicates a divide on the outlook of cuts.

The Minutes Report noted that two rate cuts could potentially happen in 2025, followed by additional cuts over the next few years. Powell has less than a year left in office, and the president is certain to appoint someone who will abide by his policy that he sees through the eyes of a borrower and not a lender.

Jul 9 2025

Leftist Billionaire Blames Climate Change for Texas Flooding


Posted originally on Jul 9, 2025 by Martin Armstrong

Michael Bloomberg

The catastrophic flash flood in Texas claimed over 100 lives across six counties last Friday. Torrential rain caused the Guadalupe River to surge over 20 feet in a mere 90 minutes. Despite the area having a historic record of acute flooding, the climate zealots are blaming human behavior for a natural event.

Failed presidential candidate Michael Bloomberg has attempted to politicize the disaster by penning an op-ed in his paper entitled, “The Texas Floods Were Made Worse by Climate Denialism.” Bloomberg states that the government owes the victims’ families a sincere commitment to righting their deadly wrong, by tackling the problem they’ve turned their backs on for too long: climate change.” Later adding, “The refusal to recognize that climate change carries a death penalty is sending innocent people, including far too many children, to early graves.”

The same area of Texas experienced severe flooding in 1932, 1973, 1978, 1987, 1991, and 1997. San Antonio/Central Texas experienced a catastrophic flood in 1921, with the San Antonio River flooding the following year and once more in 1998. The Blanco River experienced a significant flooding event in 2015. Unfortunately, the nearby terrain causes rapid rainfall to rush into the rivers and creeks. Clay-rich soil leads to poor filtration and high runoff during these events. The Guadalupe River Basin has been known as one of the three most dangerous places in the nation for flash flooding.

Nature abides by cycles. Yet, the leftist billionaire elite preach that humans are powerful enough to cause catastrophic weather events, despite there being absolutely no concrete evidence to support these claims. Bloomberg, one of the wealthiest men in America, is worth at least $104.7 billion and will not relinquish his seven private aircrafts or mega-yacht. Fox News reported that Bloomberg emitted 10,000 metric tons of CO2 during the 1,700 flights he took on his private aircrafts in a four-year period. Yet, he was appointed as a United Nations envoy for climate action since the globalist elite declare they have the authority to tell the people how to exist. These politicians do not actually believe the nonsense they spew.

Bloomberg has been in adherence with the World Economic Forum on the quest to eliminate the entire carbon sector by 2030. He has personal interests in forcing America onto the grid and eliminating fossil fuel usage. Climate change is one of the largest psyop measures in history that the media and politicians adamantly demand everyone accept as truth without evidence.

Jul 8 2025

Ben Bergquam: “Illegal Aliens Have Infiltrated Everything And The Only People That Want Them To Stay Here Are People That Abuse Them For Cheap Labor”


Posted originally on Rumble By Bannon’s War Room on: July 7, 2025, at 10:00 pm EST

Jul 8 2025

Steve Bannon: “There Can’t Be Amnesty, Everyone Here Illegally Must Go Home”


Posted originally on Rumble By Bannon’s War Room on: July 7, 2025, at 9:00 pm EST

Jul 7 2025

Could Bitcoin Replace the Dollar?


Posted originally on Jul 7, 2025 by Martin Armstrong 

Bitcoins

People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will heed the computer’s warnings.

To begin with, there is much speculation about the founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be worth over $81 billion at the time of this writing, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?

They expect us to believe some mysterious Japanese man created the blockchain technology and simply evaded all world governments. They claim Bitcoin is an anti-government vehicle, but it is a bureaucrat’s dream because it allows them to track where funds are coming from and going. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document explains how a government agency could create something like Bitcoin or another cryptocurrency. They had been attempting to create one for years and then magically Bitcoin came on the scene.

I encourage anyone interested in crypto to read my article regarding this study. Blockchain was created with surveillance at the top of mind.

HowtoMakeaMint2

Bitcoin’s price is akin to the problem that existed when the bubble burst in 1966 with mutual funds because they were listed back then. The value can change at a volatility rate of 10x that of the dollar, making it a highly dangerous instrument as a store of wealth. It is solely a trading vehicle until they weigh it and the value is changed.

1966Crash D
DJIND M 1966 1968 1970

In 1966, investors bid the mutual funds up beyond net asset value, so during the crash, people lost everything when they thought it was a secure investment. The net underlying assets may have dropped 20%, but they paid 20% over the net asset value and then sold at 50% of the net asset value. Many mutual funds crashed 70-90%, whereas the Dow drop was 26.5%. Ever since mutual funds have no longer been allowed to be listed. You go in and out at net asset value. Bitcoin must change its structure, or it will never become a valid currency with a stable store of value, which is supposed to be the whole point. It is just an asset class of high volatility.

I have not been bullish on digital currency, as it’s a trading vehicle no different than any other commodity or stock. Sure, a profit could be made, and many have had great success. We do include Bitcoin in our models, and those subscribed to Socrates will see that our arrays are picking up on Bitcoin next year.

Bitcoin is a trading vehicle that is no different from wheat or cattle. It is NOT a store of wealth, as it fluctuates like everything else. It rises and falls no different than any other trading instrument. It is not a “store” of value maintaining some constant value to park your money. We need to get realistic here. The concept of Bitcoin replacing the dollar fails to comprehend what makes something the world’s reserve currency. I will write a piece explaining that aspect since it is crucial to understand.

Jul 7 2025

The Better Investment — ETFs or Mutual Funds?


Posted originally on Jul 7, 2025 by Martin Armstrong 

ETF Tax

The primary difference between mutual funds and ETFs (exchange-traded funds) is that while an open-end mutual fund is priced once based on the market closing, ETFs, as well as closed-end mutual funds, trade all day. This actually goes back to the Panic of 1966 when mutual funds were open-ended but traded on the exchange and were bid up and down based on emotion rather than net asset value. The crash took place because mutual funds were, at times, selling well above net asset value.

If we look at the reforms post-1966, investors in mutual funds buy or sell them directly from the mutual fund companies themselves. That creates a different tax structure than an ETF in which purchases go to the market and the ETF is simply created by purchasing the underlying basket.

Mutual funds and most ETFs are governed by the Investment Company Act of 1940. Therefore, this legislation treats them like a pass-through company. When a mutual-fund investor wants to sell, the fund sells shares of appreciated stock to generate cash, which creates a taxable capital gain. Since most funds operate as simple pass-through vehicles, those tax liabilities from the gains accrue to all investors in the fund, including those who have not sold any holdings.

ETFs actually do avoid that type of tax issue. ETFs are not direct buyers or sellers of shares as a mutual fund. The ETF is created by a market maker with a special contract with the ETF provider. The investor has the newly created ETF share, which is created by purchasing all of the holdings in the underlying ETF. This basket of shares is given to the ETF issuer, thereby creating the ETF shares.

Because an ETF is not a direct buyer of the underlying shares as in a mutual fund, the ETF itself is not a buyer or seller. The basket of shares is swapped and is therefore an in-kind transaction; thus, there is no pass-through capital-gains tax bill. This is the tax advantage of an ETF over a mutual fund.

Jun 20 2025

FREEMAN: “Gold-Backed Debit Cards Are Here, And The Movement Is Just Getting Started.”


Posted originally on Rumble By Bannon’s War Room on: June 19, 2025, at 1:00 pm EST

Jun 7 2025

FBI Director Kash Patel Appears on Joe Rogan Podcast for Extended Interview


Posted originally on CTH on June 6, 2025 | Sundance 

FBI Director Kash Patel notes in his interview with Joe Rogan that he only takes the time for one media interview per month and this long-form interview format is his first endeavor.  Director Kash Patel is happy to “finally get to join” Joe Rogan and do something “he has wanted to do since even before, on the campaign trail.”

Director Patel notes in the beginning that several FBI officials have told him they are happy about his arrival as they endeavor to catch more bad guys. According to Patel he replies to them “great, because I don’t know how to do that stuff,” and the agents appreciate his empowerment.  The FBI Director then proceeds to outline the priorities of the FBI under his tenure.

The interview took place yesterday amid the social media blow-up between President Donald Trump and Elon Musk.  When asked for his opinion, Patel notes, “that’s out of my lane.” A former federal public defender, national security prosecutor, and senior official in both the Department of Justice and the Trump administration, Director Patel has held roles across the Intelligence Community, Department of Defense, and National Security Council. The interview is almost two-hours long.  WATCH:

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Despite what many people say, most don’t want to face the truth. What many people really want is simply constant reassurance that what they believe is the truth.  As a consequence, those who are vested in the arts of deception always find an audience willing to be deceived.

Jun 7 2025

President Trump Impromptu Presser Aboard Airforce One


Posted originally on CTH on June 6, 2025 | Sundance

President Trump was traveling from Washington, DC to New Jersey aboard Airforce One and took the time to walk back in the plane to the assembled press pool.  President Trump took numerous questions on the topics of Kilmar Garcia, the Chinese trade negotiations, Elon Musk and current economic conditions.

President Trump also notes the Big Beautiful Bill is gaining support in the Senate and he is optimistic it will pass without too much issue. Additionally, President Trump responded to a question about Ukraine by noting the drone attack against the bomber installations ends up giving President Putin the motive to continue more aggressive bombing of Ukraine, “here we go”… WATCH:

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