War & Economics – Just Follow the Money


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QUESTION: Mr. Armstrong; You have pointed out that both Republicans and Democrats have voted for wars and they really seem to have no differences on this issue. You have said they use the social issues to distinguish themselves, but war and economics they seem to always agree. Do you have any insight on this phenomenon?

ANSWER:  The Pentagon was unable to reconcile over $2 trillion in accounts and Rumsfeld promised an investigation the day before 9/11. The plane that struck the Pentagon magically honed in on the room with all the records. Now that number is over $6 trillion. They even lost track of $12 billion in cash sent to Iraq. Then they rigged a missile-defense test so that an interceptor could easily hone in on a target. They have lied to begin EVERY single war (see: “Cycles of War”). This is by no means a coincidence.

War is first and foremost a profitable racket. Even Lyndon Johnson admitted the Vietnamese never attacked us to start that war. He commented that for all he knew they were shooting at whales that night. This is how they line their pockets and wash their hands in the blood of our boys who are told the same sort of lies as the terrorist organizations. OK, they are not expecting a herd of virgins, but they are told that they are fighting for God and country. During World War II, Japanese kamikaze pilots were told the Emperor was God and they would be the divine wind that protected Japan — so they should crash planes into the ships at Pearl Harbor.

Just follow the money. When Trump said no more “nation building,” the military called him dangerous because they might not be able to start wars by playing with their toys.

Stock Market Crash & Gold Rally?


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QUESTION: Mr. Armstrong; So many people keep calling for a stock market crash. At the same time, it has hung on to the 18000 level in the Dow for dear life. Do you see such a devastating crash as even possible?

PJ

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ANSWER: No possible way. Retail participation is at near record lows. It has just started to lift begrudgingly. Even the Gallup poll on Americans shows the same thing. Retail participation is at best 55% down from 65% in 2007. Liquidity, however, is still off by 50%. This does introduce the likelihood of Flash Crashes and Flash Rallies. Such events are by no means because of a pending major crash. Just where do you put money if bonds are dead and banks a questionable? Of course some will yell gold. But gold is for the individual. Pension funds and institutional investors with billions and trillions cannot invest in gold bullion with no yield. Gold stocks, yes, but bullion no.

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Gold should bounce and rally to test the 1340 level by year-end. We need a weekly closing above the 1336 level to show some sustainability. Resistance begins at 1308 and we need a daily closing above 1319 to be impressive.

Keep in mind that this is the Year from Political Hell. The second election will be the USA and it is clearly a contentious race with the Bush family saying they will vote for Hillary proving that they too would screw the country to save the political status quo. This is like Obama going to Britain telling the Brits if they vote for BREXIT, screw you, get to the back of queue for the USA will prefer dealing with the French and Germans than British.

November is a Directional Change and then our next big target is January. We will be doing a Gold Video Update tomorrow.

The End of the Clinton Crime Syndicate!


Click on the Link below and read the post, if true it would be devastating!

The End of the Clinton’s

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WOW! Absolute MUST WATCH! Hillary’s ‘surrogate daughter’ tied to terrorists, 9/11 funders


The Clinton’s are their corrupt ways have destroyed the American system of government; hopefully not beyond the repair that trump can bring when he is the President.

Sun’s Drop in Energy Output Stronger than Expected


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I have been warning that global warming is really a hoax, for the major issue is that the sun is a thermodynamic system, which means that it does not provide a steady output. There is a 300-year cycle to this entire phenomenon.

Experts say that solar activity has fallen to levels not seen since the mini-ice age that took place between 1645 and 1715 known as the Maunder Minimum.

While the global warming advocates want to blame everything on CO2 levels, hard evidence from ice core samples indicate that spikes in CO2 levels trailed increases in global temperature by about 200 years. This has caused people to question the validity of their theories. Of course, the cycle with CO2 level spikes predates human activity with combustion engines by hundreds of thousands of years.

Environment Minister Hendricks of the EU wants to regulate cow farting, claiming that it creates more global warming than cars.

Volcanoes can—and do—influence the global climate. Mount Tambora erupted in 1816 and threw so much ash into the air that it snowed during the summer in New York City. The event became known as “18-hundred-and-froze-to-death.”

The problem is that global warming is like trying to analyze a market by only looking at short positions and never the longs. CO2 levels are an aspect, but the major aspect remains the energy output of the sun that dictates the major cycle, which is heading back into a cooling phase that no degree of CO2 levels will overcome.

Did Something Happen at the ECM Turning Point?


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bundy-brothersDid something happen on the October 28th, 2016 turning point? Just maybe what clicked yesterday was the tipping point against government. The Bundys, who were the armed antigovernment protesters led by Ammon and Ryan Bundy, were acquitted precisely going into the 28th of federal conspiracy and weapons charges. Since the Federal government’s abuse of “conspiracy” where they do not actually have to prove you committed a crime just wanted to, their conviction rate has soared to over 98%. To be acquitted of these charges is a mind-blowing event when it is virtually impossible to win in court when juries just assume the government walks on water.

The protest at Malheur National Wildlife Refuge over the government’s claim to land ended in bloodshed and the police shot and killed unarmed man getting out of his car and then were shooting at women and children in their car. The attitude of some police has degenerated to the point we are the enemy to be hunted and killed for their pleasure. The FBI effectively just murdered one individual. The FBI special agent in charge, Greg Bretzing, said, “They had ample opportunity to leave the refuge peacefully.” He continued, “And as the FBI and our partners have clearly demonstrated, actions are not without consequences.” Well the jury has acquitted those who stood up against this government’s outrageous abuse. Where the blacks are going wrong with Black Lives Matter, they are isolating themselves. They should create a movement that ALL LIVES MATTER and then there will be greater strength in numbers across all races, religions, and genders.

Why do I see this verdict on the very day of the Economic Confidence Model important and not just a passing moment? The ultimate revolution against monarchy that gave birth to the United States and the French Revolution, began with juries standing up against government abuse. It just may be that history is repeating here as well.

trial-william-pennThe most famous trial where a jury stood up refusing to find the defendant guilty in the face of a corrupt government, was that of William Penn, the founder of Pennsylvania. In 1670, William Penn held a worship service on a quiet street, which was attended by a peaceful group of fellow Quakers. Penn and another Quaker, William Mead, were arrested on a charge of disturbing the king’s peace and summoned to stand trial.

As the two men entered the courtroom and the bailiff ordered them to place their hats back on, which they had removed. Then the judge held them in contempt of court for being in the courtroom with their hats on. Penn demanded to know upon what crime he was being charged for preaching. The judge refused to supply any information whatsoever as to his crime and instead referred vaguely to the common law. When Penn protested that he was entitled to a specific indictment, he was removed from the presence of the judge and jury denied the right to defend himself. Penn could neither confront the witnesses who accused him of preaching to the Quakers nor ask them questions about their charges against him.

Finally, after the testimony the court concluded, the judge instructed the jury to find the defendants guilty as charged, dictating what verdict he expected. Penn tried to protest, but was silenced and again sent out of the courtroom. The jury, for its part, proved sympathetic to the two defendants and refused the judge’s command to find the defendants guilty just as we have seen in the Bundy case. The judge at this point became enraged and sent the jury back to reconsider their verdict. When they returned with the same verdict, the judge criticized the jury’s leader, Bushnell, and demanded “a verdict that the court will accept, and you shall be locked up without meat, drink, fire, and tobacco…We will have a verdict by the help of God or you will starve for it.”

Thereafter, the jury was sent back three more times, but returned with the same verdict. Finally, the jury refused to reconsider. The judge then fined each member of the jury forty marks and ordered them imprisoned until the fine was paid. Penn and Mead went to prison anyway, held in contempt for obeying the bailiff’s order that they put on their hats. Later, the members of the jury won a writ of habeas corpus and were released from prison. Penn and Mead left England after their release from prison, having a taste of justice, and sailed to America. (Earl Warren, “A Republic, If You Can Keep It”, p. 113-115)

The Case of William Penn was a major turning point. Just perhaps, yesterday’s verdict will be viewed as a tipping point in our struggle for freedom from a growing abusive and intrusive government that has lost its way and drunk with power.

As we now head into the next turning point next November, we will have the French and German elections. If both incumbents lose, we may be looking at the final break-up of the EU.

Obama’s White House Kept List of Muslims For Top Jobs


No surprise here has there are way to many Muslims in the government especially in high level positions.

Bankers: Have They Ever Been Good?


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QUESTION:
Mr. Armstrong:

I hope you are well. I ask you:

1. What were the contributions to the economy and international trade, of the great bankers of the modern history, such as, Medici, Fugger, Welser, Berenberg, Rothschild and Morgan?

I look forward to hearing from you as soon as possible.

Sincerely,

J.E.M.V.

ANSWER:The contribution was to facilitate the advancement of society by enabling the free movement of capital and thus the integration of commerce. Of course, people will immediately disagree with me by citing the Rothschilds who did lend to the governments of Europe. They were more of the exception rather than the rule.

The Medici were different. Raymond de Roover, who became a Professor of history at Brooklyn College, wrote “The Rise and Decline of the Medici Bank,” which was first published in 1966. It remains the seminal work on this period. He had access to contracts and internal documents. A special clause was entered into the core contract of the Medici bank “to deal as little as possible with the court of the Duke of Burgundy and of other princes and lords, especially in granting credit and accommodating them with money, because it involves more risk than profit.” (id/ p 343)

Obviously, Raymond de Roover makes it clear that the Medici did not wish to lend to the prices of Europe, for there was no way to collect a debt from a sovereign. The contract continued by warning that “many merchants in this way fared badly…our fathers have always been wary of such involvements and stayed aloof, unless it was a matter of a small sum lent to make or to keep friends.” The Medici policy was “to preserve their wealth and credit rather than enrich themselves by risky ventures.”

Indeed, later generations ignored this command, and once they lent to government, that was the end of the Medici. The Fugger’s were the German bankers wiped out by the default of Spain, which was rather stupid since they had previously defaulted after wiping out the Italian bankers.

Banking has always furthered the economy and raised the standard of living for all. When the bankers get in bed with government, society is placed in a dangerous position.

Merkel to Regulate Real Estate Loans


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Merkel wants to regulate real estate loans in Germany. The Federal Government is planning to implement extensive regulations on real estate loans. Among other things, debtors will be required under certain circumstances to repay their loans within a given period. The Federal Government said on Monday that the draft law should be followed by recommendations from the German Committee on Financial Stability.

While there is no real estate bubble right now, it appears they are concerned about further capital inflows, perhaps caused by the failed euro. The new hurdles to be imposed for new loans may have the negative impact of making sales of property in Germany far more difficult as a whole. Such schemes have tended to have a negative impact upon price.

U.S. Spends Millions on “Green Bus Corridor” in Mexico, “Bicycle Highway” in Colombia


Technocracy Rising is a new book that give a good over view of what started the Climate Change debacle. What we are now experiencing is the result of decades of under the radar maneuvering to create the one world government or new world order monikers that these insane people want to create..