President Trump Cancels Secret Meeting With Taliban Leadership at Camp David…


Wow. This secret meeting is surprising on many levels….

Big Picture:  President Trump wants to get out of Afghanistan.  Pakistan is on the supportive side of the Taliban terrorists. India is on the supportive side of the Afghanistan government. China is the biggest financial supporter of Pakistan government. India is big  financial supporter of the Afghanistan government.

U.S. President Trump has told Pakistan he expects them to bring the Taliban to the table of negotiation with the Afghanistan government.  To stimulate this outcome the U.S. has withdrawn financial support for Pakistan, pending progress. However, Pakistan replaced U.S. support with larger financial investment by China.

So in the background the Taliban terrorists are hiding behind the skirt of China; while the U.S. and India try to drag the Taliban out of that safe place.  It’s a mess; but now we know the motives behind why this was happening…

Last year President Trump tweeted about the “Pakistani Mystery Man” and the transparent media avoided the story like it was political Ebola.

Learn About Pakistani Mystery Man HERE

The results of the Pakistan intrusion into the U.S. political systems was almost guaranteed to be part of an operation to send the intelligence to China.

Unfortunately, the ramifications for a corrupted branch of government, via Democrats inside the House Permanent Select Committee on Intelligence (HPSCI), led to the U.S. Department of Justice covering up the massive scandal and quickly sweeping the Pakistani infiltrators out of the United States.

It’s essentially the same thing the DOJ did with Senate Select Committee on Intelligence infiltrator and intelligence leaker, Security Director James Wolfe.  Again, the DOJ hiding jaw-dropping intelligence corruption within a branch of government.

Turn the page, and keep reading and you discover, Dianne Feinstein’s Chinese spies in her office… while she was Chairwoman of the Senate Select Committee on Intelligence… Outcome?  Same/Same.

Anyone noting a pattern yet?…

Just sayin’

Green Tyranny: Exposing the Totalitarian Roots of the Climate Industrial Complex


Climate change was political long before Al Gore first started talking about it. In Green Tyranny, Rupert Darwall traces the alarming origins of the green agenda, revealing how environmental scares have been deployed by our global rivals as a political instrument to contest American power around the world

All Bob’s Money


Currency Which Expires – That’s the Solution – Or Just Cancel it all?


Back during the Great Depression, there were people who theorized that gold hoarding was preventing economic recovery. There is always this same theory that people who save hoarding their money and are not spending it results in the lack of a recovery suppressing demand. This theory has been around for a very long time. It assumes a recovery is always blocked by people hoarding their money and saving for a rainy day.

Back during the American Civil War, the federal government issued paper currency for the first time after the Revolution. Much of this currency paid interest. Some were in the form of virtually circulating bonds with coupons for the interest payments. Some were backed by gold. Others offered a table on the reverse providing a schedule. The interest baring notes remained valid currency, but the interest expired within a specific time period. Hence, one would redeem the note since it would no longer pay interest beyond a specific date.

The rumbling behind the curtain I am hearing is a growing idea of making the currency in Europe simply expire. I have explained before that in Europe currency routinely expires – even in Britain. The United States has never canceled its currency so a note from the Civil War is still legal tender. But that is not the case in Europe.

Europeans are accustomed to having their money simply expire. This is not limited to paper currency. They also cancel the coins. The proposal being whispered in the dark halls of Europe is that perhaps the way to impose negative rates to force people to spend is to just cancel all the currency and authorize only small notes for pocket change. They want everyone to be forced to use bank cards and this is the new theory to revitalize the economy.

The chart patterns for the Euro are about as long-term bearish as one can imagine. The problem facing the world economy is this idea that they can even FORCE people to spend their savings recklessly as the government does. Canceling the euro may be a drastic and desperate step, but it is being proposed as an alternative to deep negative interest rates which have failed to work for more than 10 years. The middle ground proposes a paper currency with expiration dates.

Either way, the risk of a profound dollar rally remains in the wings. The powers behind the curtain desperately want to defeat Trump for they know he would NEVER cancel the American currency. To pull that off, they need a career politician. Joe Biden would be perfect. He might just sign whatever bill is put before him and then take a nap. It is ironic, but there would be a lot of Americans who would wake up and want Trump bank after that one. Joe would be too tired to tweet.

 

 

The Club & Why the Majority Must be Always Wrong


QUESTION: Mr. Armstrong; I did my own research on the 1998 Russian collapse. All the big names lost billions. Even the New York Times reported that George Soros lost $2 billion. You were the only one who made money so it made sense that you were named hedge fund manager of the year in 1998. My question is this. Since all the big names were involved in the Russia trade which took down Long-Term Capital Management, is this why you call them the “club” for they all do seem to be involved in the same trade?

DU

ANSWER: Correct. This is also why they try to prevent people from listening to me. They are convinced that the reason they lost was that I was too influential and had too many institutions listening to me. That absurdity is what they ran to the government with, so I was then accused of “manipulating” the world economy. They all lost after I warned them and refused to join in their takeover of Russia I believe I was given the nod by the Clintons. They told me they had the IMF in their back pocket and they would continue to fund Russia. I warned them that the IMF got their funding from governments and they were not going to back it.

The Russian financial crisis hit Russia on the 17th of August 1998. Our World Economic Conference was held in London that June. Our forecast was then published by the London Financial Times on the front page of the second section.

They did not give up. After they got the Federal Reserve to bail them out, they then focused on setting up Yeltsin and got him to divert $7 billion in IMF loans. Even CNN reported the money was stolen from the IMF.

CNN Theft of IMF Money – Sep. 1, 1999

Edmond Safra’s Republic National Bank ran to the Department of Justice and then reported that a $7 billion money laundering scheme just went through Bank of New York. They attempted to blackmail Yeltsin to step down and appoint their guy; Yeltsin then turned to Putin. It was the US bankers, with the support of the Clintons, who first tried to interfere into Russian elections. This is why Putin was not friendly to Clinton and said Mueller could come to question anyone in Russia he liked, provided Russia could question Americans including Bill Browder who was Safra’s partner in Hermitage Capital.

While “The Forecaster” was shown even on TV throughout Europe, Canada, and Asia, the question is WHY was it banned in the United States? If it was just a conspiracy theory, they could care less. When something strikes closer to home, they ban it.

The World through Everyone’s Eyes


COMMENT: Sir,

I appreciate that I may not always agree with what you write but I listen and examine and respect your viewpoint. You, in turn, have answered my many questions and discussed my comments with respect in return.

This makes me worry that the ability to discuss problems in a straightforward and thoughtful way may not be possible in the future.

Keep up the good work

F

REPLY: In order to be an international adviser, the very first lessons I learned was (1) listen to everyone, and (2) view the world through their eyes.

I was giving a lecture in Geneva to a small group of institutions back in 1982 but some had flown in from other countries. One was from Canada and the exchange was quite interesting. I had provided the forecasts on the individual currencies and then I moved to the commodities. The Canadian asked so he should be a buyer of gold and I said yes. The on Swiss institution said yes but your forecast on the Swiss franc would mean I would lose money.

When I looked at it in terms of each perspective it was clear. The rally in gold would be impressive only in US$ and CD$ so it was a buy for the Canadian and a sell for the Swiss. Indeed, the rally into 1983 was a strong rally for gold in US$ and CD$, but not in Swiss.

We all have a view and money to each of us is still a mental calculation based upon our home currency. To even do my job, I have to be able to see the world from all perspectives. We are all human and we will all act in our own self-interest.

My clients have trained me. Having to deal with many crises around the world forced me to see the world through global eyes. This is why MY DEFINITION of what constitutes a bull market is something which rises in ALL CURRENCIES!!!!! 

We will all never agree for we will always see things through our own pair of glasses. Never forget, others will respond in the same way.

My philosophy is very simple. There should be no law which compels others to act in a way I believe if correct provided their actions do not harm anyone else. I leave you alone and you leave me alone and we can all get along. I object to politics that seeks to exploit class warfare for historically that has ALWAYS, and without exception, led to civil wa

Global Warming is Undermined by New Discoveries


Nobody wants to listen to the evidence against Global Warming because the government doesn’t hand out money for research that fails to justify new taxes. Real scientists have just discovered a massive previously unknown source of nitrogen that could turn the Global Warming nonsense on its head. My bet is that it will be ignored. There is too much money on the table to just walk away.

This new discovery may dramatically change those dire global warming forecasts that are now a religion. The findings were published in the prestigious Journal Science, whereby the previous eco-science assumed the only source of nitrogen was the atmosphere. Scientists recently discovered that the planet holds vast storehouses of nitrogen, which is essential for plant life, in its bedrock.

This new discovery alters the entire theory behind Global Warming caused by humans. The University of California at Davis environmental scientist and co-author of the study, Ben Houlton, said, “This runs counter the centuries-long paradigm that has laid the foundation for the environmental sciences.”

Now, pay very close attention to the word “paradigm” which he is using. Clearly, if Houlton’s discovery of a vast storehouse of nitrogen is correct, then it would have an enormous impact on global warming predictions. Why?

Climate scientists have long known that plants offset some of the effects of climate change by absorbing and storing CO2. But climate scientists assumed that the ability for plants to perform this function was limited because the availability of nitrogen in the atmosphere was limited.

A 2003 study published in the same science journal stated, “There will not be enough nitrogen available to sustain the high carbon uptake scenarios.” You see scientists who have NOT been on the payroll for Global Warming understand this is all nonsense. Ronald Amundson, a soil biogeochemist at the University of California at Berkeley, publicly told Chemical and Engineering News that “If there is more nitrogen there than expected, then the constraints on plant growth in a high-CO2 world may not be as great as we think.”

Remember high school science class? Remember that with more nitrogen available, then plant life will still grow? And guess what, they absorb more CO2 than climate scientists have been estimating. That means the dire forecasts that we have 12 years to live being championed by AOC and the Democrats are completely inaccurate. The planet won’t warm as much with plant life absorbing the CO2 mankind pumps into the atmosphere.

Nevertheless, because this field of research is not under global warming grants, we should not expect this information to ever make it to the mainstream media

Do We Face Global Cooling or an Ice Age?


QUESTION #1: You expect global cooling due to the decrease in solar energy. Why do glaciers melt?

MG

QUESTION #2: Now that the Greenland Glacier is growing, is this part of the shift back toward global cooling? Do you think we are headed to an ice age?

FH

ANSWER: There appears to be a 20-year cycle in the Arctic to begin with. The mere fact that at times the Northwest Passage has been ice-free and ice blocked proves there is a cycle to absolutely everything. The Arctic has not always been frozen. There are documented accounts from 1817 when the ice melted. The point is nature functions in a cyclical manner — hello, remember four seasons?

I do NOT believe we are heading into an “Ice Age” of such a dramatic duration. All the data clearly shows that we are in a declining trend with each warming peak being less than the former. Anyone who thinks humans have caused this last warming period just listens to propaganda and ignores all the historical evidence. There is ABSOLUTELY no period in history absent of a cycle — NONE!!!!

From an objective and unbiased view, yes, we will see a cooling period. However, this will most likely be just a retest of the last low of the Little Ice Age. I would not speculate on an Ice Age coming, just a swing downward in temperature enough to cause us a lot of inconveniences.

The Greenland Glacier is growing again at the edges because the water is colder. That seems to be in line with the downturn in the energy output of the sun since 2015. The global cooling puts food production at risk. Sure, there are those who just refuse to believe this since global warming has become a religion. The herd may be thinned for their propaganda will ensure they are unprepared for food shortages.

Constantly there are stories about how the data has been manipulated and outright forged. Now China’s scientists have come out and warned of global cooling, not warming. These scientists are not reliant on Western government grants and do not need to fix the data to support the global warming agenda.

The problem with the people who refuse to listen is a similar qualification for being the worst investor in history. You can claim you are right all you want, but when the market goes against you and you refuse the look at your assumptions, you end up dead broke. Perhaps literally after jumping from a window. That is the downside to bias. Always consider both sides.

The Surrender of Liberty in the Name of Security


QUESTION: It seems that as we get closer to a change-over of economic systems that as a society we are more willing to give up our rights to the State. Is that part of a pattern during these types of events? Was it seen as Britain, Rome, and other countries lost power after their peaks?
DS

ANSWER: Unfortunately, the trend first materializes when people need the government to protect them usually from an external force. The British used this tactic against both the French and the American colonists. That prompted Ben Franklin to comment on this trend.

After the 3rd Century Monetary Crisis bottomed in the Roman Empire in 268 AD, there was a surge to build a wall around Rome by Emperor Aurelian following the same pattern. Aurelian saw the corruption that led to the debasement of the currency because those minting the coins were robbing the treasury. Aurelian moved to DRAIN THE SWAMP in Rome. When Aurelian returned to Rome in 271 AD after fighting off barbarians, he had to pacify a terrified city. He immediately halted the rioting and restored order to the capital. The controller of the mint in Rome began a rebellion over the monetary reforms laid out by Aurelian. He ordered that all the debased currency be purchased back and replaced with a new currency of higher content in silver. The rebellion was led by Felicissimus.

It appears that those who had been running the mint were embezzling the intended silver and issuing the debased coinage at least in part on their own authority. Obviously, any reform to the monetary system that called for an increase in silver content would have been unprofitable for those running the mint for personal gain. In the rebellion, as many as 7,000 soldiers died when Aurelian was forced to trap and execute them and their allies, some of the senatorial rank, in a terrible battle on the Caelian Hills.

Aurelian then constructed a wall around Rome — the first of its kind. Clearly, there was both a DRAINING OF THE SWAMP and a sense of security that people surrendered in the name of safety. The final phase comes when the suppression of liberty continues to become oppressive and therefore the people eventually wake up and see that the government is using this as a tactic to sustain or grab more power usually in self-defense.