Tag Archives: Illuminati

Nov 16 2017

EU Preparing for the Banking Crisis


Armstrong Economics Blog/Banking Crisis

Re-Posted Nov 16, 2017 by Martin Armstrong

Subtly, the EU is looking to establish preparations for the coming banking crisis and how to protect the banks from massive withdrawals. The solution? The EU wants to be able to temporarily free up credits for the banks and at the same time to freeze bank deposits, In other words, like Greece, you just won’t be able to withdraw funds.  Obviously, everything will be frozen. The current EU plan envisages blocking account disbursements for five working days and with the authority to extend any suspension to up to 20 days. They may need longer!

I recommend that you have 30 days worth of cash on hand. What the authorities do not understand is that if they freeze one bank, a run will unfold on all banks. The public will not believe whatever the government says. Therefore, banks that are not in crisis can be pushed into a crisis by a contagion. That is simply how it all unfolded in 1931-1933. The only way to stop a contagion will be a bank holiday and you have to close them all.

CASH will be KING in the middle of such a contagion.

Nov 16 2017

The Most Befuddling Investment Decision is Currency FIRST!


Armstrong Economics Blog/Foreign Exchange

Re-Posted Nov 16, 2017 by Martin Armstrong

QUESTION: Mr. Armstrong; I want to thank you for a spectacular WEC. I was amazed at how many pension funds were there. They were some of the biggest and we hear that they are listening to you and had shifted into equities. Some were talking at the cocktail party how you have really helped them even selling the strategy to their boards. The ones who were there were from Europe, Japan, and Canada. Do any American pension funds listen to you?

Can’t wait for next year!

Thank you for opening my eyes.

LW

ANSWER: I am not at liberty to discuss who are clients and who are not. It is true, that our biggest clients in pensions are ALL outside the USA. They see the world from an international perspective more so than American firms who still do not understand currency. We have been the currency specialists since the 1970s. Consequently, non-Americans have been a major component of our global business. American funds tended not to understand or even consider currency risk. To this day, schools do not teach hedging currency risk. It is not even discussed.

Nov 14 2017

The Forecaster on German TV November 16th, 2017


Armstrong Economics Blog/The Forecaster

Re-Posted Nov 14, 2017 by Martin Armstrong

While the Forecaster has been banned in the USA because it reveals that the USA was interfering with the Russian Elections, it has been a worldwide hit outside the land of the free and home of the brave where censorship is not supposed to take place. It was to appear on Netflix, until the word came down and the high-ups pulled it. Interesting how when things expose corruption and government abuse, suddenly you are not allowed to watch it.

Nov 14 2017

China Open Gold Trade in Yuan as Proxy for the Yuan


Armstrong Economics Blog/China

Re-Posted Nov 14, 2017 by Martin Armstrong

China keeps moving gradually to open up their economy to international forces. The People’s Republic of China has expanded the trade in gold in yuan and thus the internationalization of the national currency is moving closer. Gold merchants from the industrial metropolis of Shenzhen have been trading their yuan gold at the Hong Kong Stock Exchange since last week. Previously, this was only possible for Hong Kong gold traders. While some immediate claim this is China attacking the dollar, they are completely ignorant of international capital necessities.

This new connection between Shenzhen and Hong Kong follows the Hong Kong-Shanghai agreement reached in July 2015, which allowed Hong Kong dealers to trade gold in mainland China for the first time. Trading gold in yuan has one primary advantage. It is not going to unseat the dollar, it is all about trying to make the currency free-floating on the world market. Because gold can be traded in yuan, the common converter becomes gold between that and the dollar. It is NOT really a gold trade as much as it is an indirect means to trade the currency.

To unseat the dollar requires a place to PARK big money in yuan. That does not exist right now. That day is coming after 2031. This is another step in moving toward a free-floating yuan contract. Essentially, this is a formal proxy for a free-floating yuan and will replace the Bitcoin trading that has been used as the proxy to get money out of China

Nov 14 2017

The Syrian War


Armstrong Economics Blog/Civil Unrest

Re-Posted Nov 14, 2017 by Martin Armstrong

QUESTION: Mr. Armstrong, I greatly appreciate everything you do. I was moved when you ended you WEC in Orlando explaining that you see this as we are all in this together. You really make an effort to pass along sound advice without strings attached to solicit money. A very admirable effort I wish others would follow.

My question is this. At the 2015 WEC when Russia invaded Syria on the precise day of your model, you said this would be an important event moving forward. The entire refugee crisis began from that date and now they seem to be winning the war against these jihadists. Now the tensions are rising between Saudi and Iran. Is this part-II of the Middle East crisis? You said back in 2015 that the mere fact Russia entered Syria on the very day of you model signaled this will be the region we should watch. So will this escalate now?

ANSWER: Yes. I wrote in the 2015 War Cycle: “It is extremely disconcerting that on the very day of the peak on the Economic Confidence Model, September 30, 2015 (2015.75), Russia began bombing forces trained and funded by the United States to overturn the Syrian government of Assad.” In 639 AD, Muawiyah I (b. 602–680 AD; r. 661–680 AD) was appointed Governor of Syria as it fell to the Muslim Conquest. We are now in the 26th 51.6-year wave from that event which is a major turning point.

The focus is turning to Idlib, which is a city in northwestern Syria. It is the capital of the Idlib Governorate, which is about 59 kilometers southwest of Aleppo. Because the Syrian government wants to evacuate all jihadists to Idlib, this will present a problem to Turkey which it borders. The Syrian state has offered to give the jihadists safe conduct and let them go to Idlib. For about one to one and a half years, jihadist terrorists from all parts of Syria are being transported to Idlib.The majority of these militant fighters appear to belong to the al-Nusra Front. These terrorists are well armed and have between 30,000 and 50,000 tanks. They also have missiles, chemical weapons, and other assorted war equipment.

In Turkey, the fear is that they will eventually flee Syria and enter Turkey. At least half of the terrorists are from Chechnya, Dagestan, Central Asia and other areas of the Russian Federation. They are not even Syrian. They have been a foreign invading army in Syria driven by religion. Under Trump, the USA has agreed with Russia that Idlib needs to be cleared by al-Nusra terrorists. There is a serious cooperation between Russia and the US regarding Idlib, which did not exist under Obama. 

Nov 13 2017

The Coming Pension Rehabilitation Administration


Armstrong Economics Blog/Pension Crisis

Re-Posted Nov 13, 2017 by Martin Armstrong

 

Remember the S&L Crisis, well welcome to the Pension Crisis. It is becoming well known behind the curtain that we have a global pension crisis. I first reported this event more than 15 years ago. This at the WEC, we had more than 10 major pension funds attending from around the world. The crisis has been set in motion by the lowering of interest rates with the Crash of 2007. This is why the Fed Char Yellon has been talking about the need to “normalize” interest rates. The crisis in Europe is reaching catastrophic proportions.

In the USA, Senator Sherrod Brown, a Democrat from Ohio, intends to introduce legislation that would allow struggling multiemployer pension funds to borrow from the U.S. Treasury to remain solvent. The proposal being kicked around would create a new office within the Treasury Department called the Pension Rehabilitation Administration (PRA). The funds would come from the sale of Treasury-issued bonds to financial institutions. The pension funds could borrow for 30 years at low-interest rates. One restriction for borrowers is they could not make risky investments. That will mean they must buy government bonds since the government assumes whatever it issues in debt is risk-free, That propaganda is supported by the big accounting firms.

Nov 13 2017

Trump, White Supremacy, and Fake News (Larry Elder Interview)


Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his views on Trump, the cries of white supremacy, and fake news.

Nov 13 2017

Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his background, political evolution, and his views on “actual” racism vs systemic racism, Black Lives Matter, and more.


Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his background, political evolution, and his views on “actual” racism vs systemic racism, Black Lives Matter, and more.

Nov 13 2017

Thomas Sowell Dismantles the Ideology of “Social Justice”


Thomas Sowell is an American economist, turned social theorist, political philosopher, and author. He is currently Senior Fellow at the Hoover Institution, Stanford University. In this segment he talks about the idological failures of Social Justice or what he calls “cosmic.

Nov 13 2017

Bill Whittle: SJW, SURPRISE!


William Alfred “Bill” Whittle (born April 7, 1959) is an American conservative blogger, political commentator, director, screenwriter, editor, pilot, and author.