Liz Cheney has come out in favor of Nikki Haley remaining in the race to represent the best foreign policy interests of those in DC who love using the military to kill people for profit.
(Via Daily Mail) – […] Cheney was asked about Haley’s bid during an interview with Pod Save America’s Daniel Pfeiffer and Jon Favreau, which was released Friday morning.
‘I hope she stays in the race,’ Cheney said. ‘As long as she has to, certainly through Super Tuesday. I think that we’re in a situation where only two states have voted and you had something like 35 percent, I believe, of Republicans coming out of the voting in New Hampshire saying they would never vote for Donald Trump.’ (read more)
In this brief video below {Direct Rumble Link Here} Former Blackrock portfolio manager, Ed Dowd, explains why every last remnant of human freedom depends on mass resistance to Central Bank Digital Currencies (CBDCs). “Once the central bank digital currency is linked to all your credit cards and bank accounts, then social controls can be implemented. If you’re a dissenter like me, talking about truth, they shut you down.” WATCH:
I know at first blush a lot of this CBDC discussion seems esoteric, difficult to understand, and there are a lot of other issues happening simultaneously in the background. However, if you contemplate the biggest threat on this overarching power arc of western government, you arrive to understand how serious this seemingly opaque issue really is.
I first started to deep dive research into these CBDC datapoints when the Russian sanctions were triggered. You see, nothing about them really makes sense from the way they were structured; additionally, the intensity of the drive to make the sanctions the tip of the western spear was just too pointed, something about it didn’t make sense. That’s what took me to dig deep into the impact and realize nothing said about these financial sanctions makes sense when compared against their actual irrelevance {Go Deep}.
When the White House first started openly saying the Biden administration was reviewing how to implement CBDC’s, yes THAT Announcement ACTUALLY HAPPENED, September 2022, then things from a research perspective really started to get serious. “While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC.” Whenever the U.S. govt says they’re “undecided,” pay close attention.
First things first with the Western financial sanctions- specifically the SWIFT exchange. It is true you cannot use VISA, Mastercard or any mainstream Western financial tools to conduct business in Russia; however, the number of workarounds for this issue are numerous. One of those tools is the use of a cryptocurrency like Bitcoin; and within that reality, you find something very ominous about the USA motive against crypto.
(Newsmax) – JPMorgan Chase CEO Jamie Dimon on Wednesday suggested bitcoin currency should be banned. Dimon was speaking during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill.
“I’ve always been deeply opposed to crypto, bitcoin, etc.,” Dimon said in response to a question from Sen. Elizabeth Warren, D-Mass. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance because it is somewhat anonymous, not fully, and because you can move money instantaneously. “If I was the government, I would close it down.” (read more)
Dimon was/is positioning JPMorgan to be a facilitating beneficiary of the financial control system evident within any CBDC process.
Here’s how it really looks from the outside looking at the USA. The same way the Patriot Act was not designed to stop terrorism but rather to create a domestic surveillance system. So too were the “Russian Sanctions” not designed to sanction Russia, but rather to create the financial control system that will lead to a USA digital currency.
The Western sanctions created a financial wall around the USA, not to keep Russia out, but to keep us in. The Western sanction regime, the financial mechanisms they created and authorized, creates the control gate that leads to a U.S. digital currency.
Now, does the exploding debt and seeming govt ambivalence, the stuff Ed Dowd is talking about, take on a new perspective? It should, because that unspoken motive explains everything. It all just makes sense when reviewed through this prism of motive and intent. Again, the western sanctions against Russia are not having an impact against Russia; they are having a quiet impact in the USA and western dollar-based economic system that no one is permitted to talk about.
Bottom line, the non-pretending reasoning. The US Treasury has set the financial system on an almost unreversible path to a U.S. Central Bank Digital Currency. As direct consequence crypto currency alternatives are a threat to the establishment of that western objective. This reality also pulls in the explanation around why the USA is so all-in for the banker-driven World War Reddit, the Russia-Ukraine conflict.
How did the Obama administration go from all efforts to be on good relations with Russia 2009 through 2015, then suddenly pivot to the exact opposite with the Trump-Russia collusion conspiracy, the Russian election interference nonsense, the expulsion of Russian diplomats in Dec/Jan 2017 and suddenly Vladimir Putin as the archvillain for the world? Apparently, few have ever really asked how that happened.
Here’s the big picture, as seen through the prism of the EU and the non-pretenders in Eastern Europe.
The Marxists in the Obama admin needed a boogeyman in order to pull off their domestic heist and secure the “fundamental change.” The CIA and State Dept were deployed to utilize Ukraine in 2014 to create the boogeyman, Russia. Ukraine would be the stick to poke Russia. The USA needed a proxy; they created one and made the participants rich.
Provoked, Russia fell into the trap and took control of Crimea as they perceived the NATO expansion and likely control of the Black Sea as a threat. The Crimea move gave the CIA and State Dept the exact response they intended.
The Russia boogeyman was created.
But why? Why would the effort of the U.S. Government be to provoke and create this crisis?
In the biggest of big pictures, the domestic fundamental change needed it. We needed a reason to put walls around the U.S – not to keep Russia out, but to keep Americans locked in. Conflict with Russia became the Obama version of Bush’s conflict with Iraq. Putin now cast to play the role of Bin Laden.
The Patriot Act was never intended to stop foreign terrorists from attacking the USA. The Patriot Act was intended to create the DHS surveillance system for domestic control. It succeeded. The Russian sanctions were never intended to sanction Russia (and they don’t). The Western sanctions against Russia were intended to build walls around the U.S. financial system.
Ostracizing the world’s global trade currency, the dollar, from the global trade system was/is a necessary step in controlling domestic currency. If there is a threat, the government needs to respond. That’s how the crisis is created and not wasted.
Yes, what I am saying is there was a longer and deeper play afoot, a ‘trillions at stake’ game by those who control money and power, using foreign threat as the justification for something that just would not be possible without it. That’s why Trump was never allowed to breathe for a moment, whenever Russia or Vladimir Putin was mentioned. The control forces needed Trump to be adversarial to Russia, regardless of whether the threat was real. After all, it was supposed to be a willfully blind Hillary Clinton in place during this phase.
Conflict with Russia created the opportunity for the USA to create a sanctions regime that doesn’t truly sanction Russia, instead it controls the world of USA finance. At the end of that control mechanism is a digital dollar, a Central Bank Digital Currency…. and by extension full control over U.S. citizen activity. The Marxist holy grail.
That moment is closer than most can fathom, and that is exactly why the counterforce of a cryptocurrency, a rebellious mechanism for free people to exchange payment for goods and services, must be stopped by the same USG that is triggering the CBDC. Crypto is a threat. Jamie Dimon, along with all the major banks and financial institutions, is one key beneficiary that CBDC (a transactional player for fees therein) so long as JPMorgan stays on task.
JPMorgan CEO Jamie Dimon opposes cryptocurrency.
Democrats, really Marxists, oppose cryptocurrency.
Republicans, really financial beneficiaries of the largesse, oppose crypto currency.
The narrative…. Only criminals, that means those who would be defined as domestic terrorists like pesky remnants of our nation who demand freedom and liberty, would support cryptocurrency. Criminals, tax cheats, bad people support crypto. Don’t be a bad person comrade citizen. Insert vote, pull lever, get pellet, go back to sleep. You will own nothing and be happy comrade.
Yes, that’s the bigger picture.
Can it be stopped? I laugh, look in the mirror, think about the reality of how many people think this is an absurd conspiracy theory, and respond with…. How many people even know about the thing you are asking to oppose?
How many people would believe the Western sanctions against Russia were really the USG building a cage to keep us in. How about we start there. That’s my answer.
During remarks in New Hampshire, President Trump announced he would never allow the creation of a central bank digital currency. WATCH:
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Of course, it should be noted….. As if the entire global system didn’t already oppose Donald Trump, this position against CBDC’s just puts an exclamation point on how the multinational financial systems will hate/oppose him even more.
This 2024 election is critical for a variety of reasons. However, high atop that list is this issue of how a dollar based CBDC is a threat to every liberty we cherish.
They say the only two certainties in life are death and taxes. And taxes on dying if you’re in the US. That’s right, the luxury of death comes with a price in the land of the free, thanks to the death tax. Now, Republicans are working to introduce legislation that would allow Americans and their families to rest in peace, free of charge.
The estate tax, or death tax, was first executed in the United States in 1916 as a means to generate revenue for the federal government. Supporters said it would address concerns about wealth concentration. The tax has been rewritten and revised over the years and numerous states have imposed their own death tax on top of the federal one. This is not the same as the inheritance tax that directly taxes beneficiaries.
US Representative Randy Feenstra, a proponent of eliminating this absurd tax, believes this bill is hurting farmers in particular. I have heard similar sentiments from my own clients. People fled England to America to avoid government confiscation of property through taxation. Britain has a 100-year land lease program whereby you pay the actual fair value of the property you bought outright. At the end of that 100 years, the next tenant must pay the full fair value once again. This is how the “rich” made their money keeping it in the family and never selling land. It is also why Britain was forced to hand Hong Kong back to China after 100 years.
People fled to America so they could actually pass property down to their children like the rich landholding families in Britain. This was the origin of the term “freehold” meaning you could actually own the land. America was the land of opportunity because it was all freehold and people could for the first time rise from the poor rank to that of the rich by hard work, saving, and being able to create wealth for the family unit. This was the American Dream.
Failing to repeal this tax will change American agriculture. As Rep. Feenstra notes:
“Over 99% of our country’s two million farms and ranches and over 95% of our nation’s small businesses are owned and operated by individuals and families. In other words, the American economy is powered by mom-and-pop shops on main street and farms that have been in the family for generations. Naturally, the federal government only sees these incredible farms and small businesses as potential sources of tax revenue, completely ignoring the sacrifice and labor that made these enterprises successful.”
This is one of the reasons why the wealthy in China are buying US farmland. The manner in which governments globally treat farmers is shameful. The government is not our next of kin; we do not save our entire lives to provide a better life for government.
The globalists refuse to declare the migrant crisis an “invasion,” but we have history’s guidance to show us what happens when an unsustainable number of people enter a nation. The Goths, a non-military group considered migrants, are a perfect example. These men, women, and children sought refuge within the Roman Empire. This was not an invading army but rather a fleeing population seeking safety from the Huns. The Goths, long-time foes of the Romans, appealed to be admitted to Roman territory due to the threat they faced and needed to seek asylum. This event led to significant consequences and marked a turning point in the history of the Roman Empire.
The great Gothic migration involved hundreds of thousands of men, women, and children. While, to some degree, the growing unrest in the East pushed them southward, there is also little doubt that the border defenses of the Roman Empire had also been seriously weakened by the political instability and economic pressures that were building within Rome itself. Of course, the rumor of great plunder and riches available in Roman territory acted like a magnet much in the same way as the rumors of streets paved in gold in America prompted great European migrations during the 19th and early 20th centuries or the outdated stereotype of the American Dream.
By 238 AD, the Gothic position was so threatening to the Roman Empire that Emperor Maximinus was forced to pay them vast amounts of tribute, similar to how countries currently pay all expenses for migrants. While his aim may have been to buy time, this demonstrated weakness on the part of the Romans, who were still in the middle of internal political struggles for power. Internal imperial rivalries ultimately defeated Maximinis. Within less than four years thereafter, the Goths began a series of raids along the Danube.
A decade later and Philip I attempted to quell the influx of migrants, but died while battling his successor, Trajan Decius. Rome was simply decaying gradually from internal struggles, which weakened the economy and constantly pitted one legion against another in a struggle for power. We see internal struggles today throughout the West as politics continue to divide the people. The Romans did not consider the Goths to be a force that would threaten the entire Empire, but rather more as a barbarian force looking for plunder rather than power.
Trajanus Decius declared the Goths an enemy and attempted to force them out of the empire, only for the masses to return a year later. The Goths were prepared this time and formed several strategic alliances with enemies, such as the Dacian Carpi. This led to a full-scale invasion, and the Roman Empire suddenly found itself besieged as war raged on in Moesia, Dacia, and even in Thrace, while the main body of the Gothic invasion was preparing a descent into the region of the Black Sea.
After many battles, the Goths emerged as the new masters of the entire Danube territory, all the way to the Black Sea. Trebonianus Gallus emerged as the new Emperor who could do nothing to reverse the Empire’s humiliating defeat. The Goths now turned to Illyricum and Thrace, burning and plundering their way across the region. By 253 AD, the Goths set sail along the Black Sea, headed straight for Asia Minor, which was wide open and waiting to be plundered.
The Roman Empire was declining until Emperor Aurelian came to power and began restorative efforts, including anti-immigration policies. He not merely launched defensive measures, he moved on the offensive against the Goths and demolished them through a series of battles. The Goths were driven out of the Balkans and into Dacia. Aurelian also greatly restored the Black Sea defenses, which helped those regions rebuild their economies as well. However, Aurelian failed to pursue the barbarians into the Roman province of Dacia, pulling back and establishing the new border once again along the natural border as originally defined by Augustus – the Danube.
Aurelian’s decision to redraw the borders left Dacia in the hands of the Carpi and the Goths. Once the Goths were contained, they began to divide into two distinct groups – Ostrogothic and Visigothic kingdoms. These groups would evolve into powerful states that would ultimately bring down the Roman Empire in the West.
Those in favor of the Gothic migration stated that the newcomers would increase tax revenue and benefit the Roman economy. It was a humanitarian crisis and Rome’s responsibility to solve. Instead, the unsustainable influx of Gothic refugees contributed to the eventual fall of the Western Roman Empire. The event marked a turning point in Roman history and was part of a period in which the Roman Empire nearly collapsed under the combined pressures of invasion, civil war, plague, and economic depression. History always repeats.
COMMENT #1: Mr. Armstrong, I just wanted to thank you. I am a converted gold bug. Your comment about how gold was $875 in 1980 and the Dow was 1,000 compared to today cannot be ignored. I can see now that it is more of a religion than reality, like climate change absent the science. I was at Starbucks, and Generation X before me just paid with his phone. They have no idea what money is and have no idea of precious metals.
I just want to say thank you. I now understand they are a hedge when confidence collapses and we are moving closer to that period day by day.
Thank you for the education
Kerry
QUESTION #1: Hello; If a house cost $4,000 in 1930, then it cost 200 x 1930 $20 gold pieces to buy the house.
A $20 dollar gold piece @ 33.4 grams of gold today would be $471,000. So not much change except the standard house in 1930 could have used some updates. Wonder if property corellates to gold?
Just for fun; Rob
ANSWER #1: You have to be careful, for this is usually a selective analysis put out as a sales pitch. A loaf of Wonder Bread was 10 cents in 1930, and it’s about $5 today. That is the standard long-term inflation. This key is that everything rises and falls.
Yes, it’s good to be diversified. Just be careful with the gold bugs. They often tell you to sell everything, for only gold will rise. That is just not true, and I have seen so many people lose a fortune on that advice.
QUESTION #2: Mr. Armstrong,
could you explain how futures markets affect the spot price/the market price?
We hear of futures markets manipulating, affecting the market price, but how is i ask?
I heard that because of the futures markets we then get a different perception of the market price. Meaning that if the futures are trading lower, than the market price will get lower or if the futures are trading higher than the market price will trade higher. Is this true??
Regards,
Pietro
ANSWER #2: It is a fool’s argument to try to explain why gold peaked at $875 in 1980, with the Dow Jones Industrials at 1,000. Today, gold is $2,000, and the Dow is 33,000. So, to explain why gold has not risen, it must be manipulated.
Futures provide liquidity to any commodity or market. Liquidity expands the market, and thus, more people get involved. If you closed the futures market, then the only way to trade gold would be in physical bullion. The number of investors would collapse. Moreover, producers need the futures market to sell forward to lock in a profit to produce. If a farmer plants a crop expecting to get the market price when planting and something happens when it goes to harvest, he can lose his shirt and be out of business. Future contracts are selling your crop when you plant it, and you are effectively selling the risk to someone else. Here is a futures contract from Babylon during the 19th century BC. This is the way markets have been able to function for thousands of years.
My mother always told me there is a time and place for everything. Eliminating the futures market would rapidly make gold untradable. Miners will not function if they always have to roll the dice, hoping gold will rise and not decline when they finish refining a lot. This is the same for farmers and even in funds management.
I was offered $60 billion to manage as a stock fund in the USA. Because there is a conflict between the SEC and the CFTC, the rule was I could not HEDGE more than 17% at the time, or that would change the definition to a futures fund from an equity fund. I declined because if I saw a crash coming, I would have to sell the stocks, for I would not be allowed to sell futures to cover the risk. That is why I, along with others, started the hedge fund industry back in the 1980s: when S&P500 futures began to trade, these two agencies were fighting over jurisdiction. It was IMPOSSIBLE to comply with the law under the SEC, for you would go to jail with the CFTC. Hence, it was the OVERREGULATION that created the hedge fund industry by force.
Futures are vital because they provide the liquidity to expand markets. Because gold is an international commodity, it CANNOT be manipulated to turn a bull market into a bear market. Even the manipulation claims against the bankers are standard in trading markets. They would know where all the stops are, and they would gun for them. There is always room for swings within any market, but you cannot take a bull market and make a bear market at will.
And just for the record, I have bought gold over the years. I bought a hoard of $20 gold pieces from a central bank. I have bought gold bars from the SS Central America that went down and caused the Panic of 1857. Gold and silver have their place in a diversified portfolio. NO PORTFOLIO should ever be 100% on one thing!
Ukraine is desperate. It cannot win on the battlefield, and Victoria Nuland’s sister-in-law, who runs the Institute for the Study of War (ISW), is the source of all the propaganda that keeps painting Russia as weak to get the West to attack it. Ukraine is now using drones and long-range missiles, violating the air space of NATO with no concern, and attacking an oil refinery in Finland. Now, they attacked a refinery in southern Russia. It was the Ukrainians that destroyed Nord Stream. The hardliners in Russia say they are correct and they should have nuked Kyiv.
They are now so desperate they are trying to get Russia to attack NATO air space because Ukraine has free access. Even Jamie Diamond has admitted that Trump was correct about NATO – terminate it.
These people are absolutely desperate to start World War III, and people like Nuland will never go on the front line. She is like the terrorists who send kids to blow themselves up when they would never do that. Sources have confirmed that if war with NATO unfolds, it will turn nuclear. The standard strategy would be to have a sub off the coast of Europe and take out NATO headquarters. Brussels if not also Frankfurt, before anyone could respond. This is the world Nuland and her ISW are trying to create. This woman should be in prison.
The three timing periods during which there is a risk of Ukraine succeeding in creating World War III as early as 2024 to help the US elections are Jan/Feb 2024, July, and Sept 3/4, 2024. This tends to be highlighted by the timing arrays in gold and the Dow.
Justin from Canada is oh not too happy with Tucker Carlson for traveling to Calgary (rebellious audience 4,000) and then stadium show for 8,000 rebels in Edmonton. Apparently, Justin does not like it when Tucker comes to Canada. WATCH:
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I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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