A number of people have commented that somehow the people on Reddit are taking our forecasts and touting them when to buy as in silver now. It appears that way for I have been warning for months that the gold/silver ratio will collapse and that silver would gain over gold. The danger that whoever is really behind this Reddit forum is will more likely bring the SEC down on free speech because you cannot tell people to buy stuff and then have a position in the same thing you are touting without full disclosure. That can be 20 years in prison and as long as you are not a New Yorker, you do go to prison.
The ratio made a new historical high exceed that of World War II when silver was cheaper than even nickel 1942 to 1945. It was used to replace the 5 cents “nickel” coins during the war. We put out our forecasts recommending silver over gold and that has been a good trade. However, these people behind Reddit are making it appear that if people follow them they can beat Wall Street.
All they have been doing is picking the trade that is in motion. They are NOT capable of manipulating a market insofar as turning a bear market into a bull market any more than Wall Street can. If the Wall Street crowd was all-powerful, then they would not blow themselves up and run to the government for bailouts. What they have been doing is accelerating the move but the timing remains the same. Only the volatility rises.
A word to the wise! You will lose everything if you think these people are never wrong and can beat Wall Street. Taking out billboard signs bragging about GameStop is not going to prevent a crash.
Because the West has decided to commit suicide economically to push this Great Reset and destroy the economy to BUILD BACK BETTER, they are fulfilling precisely what our model has been forecasting – that China will become the Financial Capital of the World post-2032. China has surpassed the United States for the first time as the #1 place for direct foreign investment. We warned last week that our capital flow models were picking up capital pouring out of Europe to China much of it investing in their bonds paying 3% compared to negative yields.
The actions taken by Biden in the first three days seems to be just intent on reversing whatever Trump had done from stopping the pipeline to ordering the end of construction of the wall as hundreds of thousands are now headed to the USA with rumors that Biden will grant citizenship to all illegal aliens inside the USA. They are headed to California in herds of mass migration. Never before in history has any president so drastically altered the direction of the country so unilaterally without any serious consideration for what the consequences will be long-term.
Biden fails to realize that there is a worldwide economy out there. The United States is not unlimited in its power. He has indeed shown that what our computer has been forecasting for years will indeed be absolutely correct. He fails to understand that China is strategically building its own consumer-based economy thereby severing the reliance upon the United States to sell its products. Germany never departed from its mercantile economic model. German citizens pay high taxes and as such, they are near the bottom of the European ladder for wealth. China is well aware that what made the USA great was its consumer-based economy. Germany never figured that out and relied always upon selling to everyone else.
China on the Rise Report where we laid out that it would surpass the United States as the financial capital of the world was published in 2018. We will be doing an update soon, but all the forecasts are on track and the West in committing economic suicide is merely accelerating the trend.
Former White House Chairman of the National Economic Council, Larry Kudlow, will begin a new venture joining Fox Business News on February 8th.
Kudlow joined the wolverine Trump economic team in 2018 and was complimentary to the objectives of the Trump administration with his affable demeanor. Secretary Ross, Ambassador Lighthizer, Secretary Mnuchin and Peter Navarro were the teeth, while Larry Kudlow was the one who smoothed the edges. The entire team complimented each-other brilliantly.
Fox News Media announced on Tuesday that Larry Kudlow, former President Donald Trump’s top economic adviser, would host a new weekday program on the Fox Business Network.
Kudlow, who served as director of the National Economic Council from April 2018 until the end of Trump’s presidency this month, will also be a contributor across all Fox News Media platforms — providing “expert financial analysis on domestic and global affairs.”
He will begin work on Feb. 8, and details about his upcoming show “will be announced at a later date,” according to Fox News Media. (read more)
QUESTION: I am finding it hard to find the Act of 1871 in the Constitution. Can you please help me find it. Thanks JS
ANSWER: The Act of 1871 incorporated the District of Columbia – NOT the United States!. Here is an article about it when it passed. Trump did not dissolve the US and Biden is not the president of just DC. The United States was NOT bankrupt in 1933. Virtually the entire world defaulted in 1931 and the US dollar rose in value so high that it forced FDR to devalue the dollar for trade purposes. The US ended up with 76% of the world gold reserves because Europe destroyed its economy twice with both world wars. These claims are total nonsense! Municipal governments are always corporations.
Trump may start a third party and the name being floated around is the Patriot Party. Unless 17 Republicans vote guilty and then they can join the Democrats and bar5 him permanently from ever running for president. Keep in mind that there are swamp-creatures also in the Republican party like McConnel. Since they too are up there in years and unlikely to be around for 2024, they would have no problem voting against him to save the swamp.
I really do not see why people need to keep making up crazy stories. All I can assume is they are doing so to deliberately flush people out. Others may simply be unfamiliar with what they are even talking about. There were videos going around that the Supreme Court was trying to tell Trump how to file after they dismissed the Texas suit. That was just laughable! They filed under the original jurisdiction of the Supreme Court whereas claiming they needed to file under Article III was already attempted. That is filing in a district court, then the appeals court, and then to the Supreme Court. If they wanted to take the case they would have. There were two dissents. That was a political decision to preserve the swamp – plain and simple.
Some have written in and said then explain why the US is a corporation citing 28 U.S. Code § 3002 – Definitions. Perhaps they did not realize that all local governments are corporations right down to your local municipality. A corporation is a group of people authorized to act as a single entity (legally a person) and recognized as such in law. So what? That does not mean that Trump can dissolve the United States. This is just complete nonsense that gets people into trouble.
So you can kill someone and then as your defense, you claim the US is just a corporation and this has no power to prosecute you? I suggest you ask Wesley Snipeshow the claim that the Income Tax is illegal because all the states did not ratify it went for him.
We have to deal with the real world. You will NEVER defeat the United States in a court of law with judges appointed by them and argue there is no power. Never going to happen!
.I am not here to tell you what you would like to hear. Sorry – I am not a politician.
QUESTION: Hi Martin, the dollar’s performance bucks logic, especially with Federal Reserve officials spending all week to deny any speculation of a tapering soon in relief measures or an imminent hike in interest rates standing at near zero.
But what made the whole thing even more bizarre was the dollar’s defiance of the rocketing U.S. deficit and debt forecast from the Biden’s administration’s fiscal plans to fight Covid-19. Why is the dollar so strong? and why is Gold selling off? Are they being manipulated? When do you think we will see Gold go above 2k?
ANSWER: The CFTC data reflected the largest week-to-week turn against the dollar since early-Aug 2020 with the USD’s net short reaching its highest mark on record (in dollar terms) at USD35bn on the back of a USD3.7bn increase in favor of most of the currencies it would seem.
You must understand that we are dealing with a complete collapse in economic theories. This is why it may seem weird. That is why I released that book on Manipulating the World Economy. I am finishing a new chapter to add on COVID for the 5th edition. It keeps selling out in a matter of hours. There is a digital version available on our site.
What we are dealing with is the collapse in Keynesian Economics which held that an increase in the money supply would be inflationary which has proven to be false. The Goldbugs disagree with me but that is because they are so brainwashed but that rhetoric. The central banks have used that same theory and increased money supply hoping to create inflation without success. This is how Modern Monetary Theory has emerged saying after 6 years of QE and no inflation you can just print without impact. All of this ignored the bottom line. As long as people do NOT trust the future, they will hoard their money and not spend it even as the supply increases. You need to change that dynamic. They (1) suddenly believe that it will be more costly to wait to buy now, or (2) they lose confidence in the government and refuse to hold their money.
We are in a dangerous transition period and it will be confusing. You have to let go of your Keynesian indoctrination which centers around the Quantity of Money Theory that is what the central banks have continued to try to follow without any success. They do not understand the economy and the solutions are out of their control. They lie on the fiscal side and that has been totally corrupted by the World Economic Forum and Klaus Schwab.
This year’s World Economic Conference, which Nigel Farage called “the alternative to Davos,” will be held in Orlando on December 4 & 5. We had to cancel Shanghai and Frankfurt this year, but our arrangements with the hotel here in Orlando and politics have opened doors. We will not be able to accommodate the usual 1,000 attendees. This will be a limited in-person session, but it will be more intimate.
Since so many people from overseas may not be able to fly in this year, we have made arrangements to have a virtual conference option for everyone to participate globally. We still have to limit that to a max of 20,000 attendees simply as a matter of technology (sorry, we cannot handle more than that).
From the outset, I have explained that not only did Socrates begin to pick up what has turned into this COVID scam in August 2019, but our HIGHLY RELIABLE inside sources were also already warning that strategic players were selling as early as December of last year, and telling people a “virus was coming.” There are clear warnings within the global economy that we are facing serious upticks in civil unrest in Europe. However, we now have ANTIFA overturning statues of even Abraham Lincoln. Obviously, this has migrated from toppling statues of racists to just pulling down statues of any president which is anarchy.
(Click on Image to see World Markets)
The WEC has been the only truly international conference held since 1985. To see the future of any country requires us to look at the world. As you can see, not every market has been making new highs. Capital flows are ABSOLUTELY critical. We have the ONLY such model gathering the global information of ebbs and flows from all countries and Socrates is writing reports on over 1,000 instruments around the world. This is not about my personal opinion or gut feelings. We have to look at the world objectively and call the shots as the data requires.
o truly see the future this cannot be done on a gut feeling. Nobody is going to be consistent on this one. Our only shot is to see this through the lens of Socrates. What will be critical here is looking at this from a global perspective. Those attending in-person will receive their mug and their autographed copy of “The Cycle of War and the Coronavirus.” Virtual attendees will receive all the digital copies of reports being provided and videos. We have countless separatist movements brewing in Europe, Canada, the USA, and even Australia.
This is going to be obviously an important WEC. We have so much from rising civil unrest, international tensions, governments trying to lock people down, and they are already proposing this as the “new norm,” for lockdowns may be necessary to stop climate change, which has been the real agenda from the start. They think we are stupid. Granted, there are a lot of fools out there who just follow whatever they are told. We have billionaires trying to change the system to socialism to prevent people from ever making what they did to cut off any competition.
Even Schwab’s movie launched in 2019 was skewed to climate change as he was preparing this agenda for the Great Reset. This has been a grand plan.
We are fighting against the fools who think this is just something like a ship that will pass in the middle of the night. The global markets are revealing the trend. It is time for us to listen to the whole and not just one market.
QUESTION: What do you have to say about Trump’s taxes?
GS
ANSWER: Let me explain something. Let’s take one of the richest men in the world — Bill Gates. He achieved that station by co-founding and then leading Microsoft. Most of his wealth came not from his salary, but from the Microsoft stock that he owns, which was equal to about 10% of the company’s outstanding shares. Wealth gained from stock price appreciation is NOT taxable until you sell the shares. By holding most of his shares since the company’s founding, Mr. Gates DELAYED paying any tax on those capital gains. Then by donating the shares to the Bill and Melinda Gates Foundation, that wealth was NEVER taxed!
Why do you think all these people create foundations from the Clintons, Gates, to John McCain. You get to play with the money tax-free while you are espousing economic equality. There should be NO income taxes. It should be a consumption tax (retail sales tax). Donating money to a foundation that you control should be illegal, but its not.
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!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 