Tag Archives: progressives

Sep 2 2019

Gold in Currencies


Armstrong Economics Blog/Foreign Exchange

Re-Posted Sep 2, 2019 by Martin Armstrong

QUESTION: Hello Marty,
I have a question about Gold & Silver in other currencies – namely GBP.
Accepting your rational, with evidence I must say, that precious metals are a reflection of the confidence people have in their countries currency, you can see from the price of gold & silver in GBP and EURO that leading up to the Brexit referendum until now confirms this. When you look at the ECM for this period – 2015.75 up to 2020.05 – you can see that there are three main waves to it. One wave down from 2015.75 to 2016.825, then three shorter wave from 2016.825 to 2018.89 – single consolidation wave?, then a third wave down from 2018.89 to 2020.05. Gold & Silver rallied, consolidated, then rallied again within this ECM period. Does Gold & Silver have their own internal cycle? Will your upcoming report include content on Gold & Silver in other currencies? The trade in Gold:GBP since the ECM turning point of 2015.75 has been very lucrative

– thanks for your service and opening up Socrates for us.
Regards,
AJ
England.

ANSWER: When you plot gold in dollars and pounds, you can see the steepness in the pound. This has been the strength in gold in dollars. It has been the hedge, not against fears of inflation in the USA, but it has risen in the face of the fear of a recession OPPOSITE of its previous relationships. This is all because we are approaching a Monetary Crisis Cycle.

Forecasting gold in dollars is pointless for that will be irrelevant to those in different countries. So yes, our report will be in terms of all the major currencies so people can make the appropriate decision in their own currency.

Categories: Fore
Sep 1 2019

Why Did United States Enjoy Dramatic Improvements in Living During the Last Century?


Published on Aug 26, 2019

Recorded on April 18, 2019 Peter Robinson opens the session by discussing the major improvements that happened over the last one hundred years in the United States, between 1919 and 2019. For example, the GDP per person rose by 760 percent, life expectancy improved from 55 to 79 years, and various other automotive, technological, medical, and quality-of-life advances were achieved. Robinson then starts the discussion with former secretary of state George Shultz, who encourages a broader vision as we look for the reasons for prosperity. Shultz discusses some of the major events that occurred during the 20th century, e.g., the Great Depression, currency manipulation, World War II, and the Holocaust, whose negative impacts framed the mindset of Americans to question the institutions underlying society. Robinson then asks John Cogan about these institutions—private property, the rule of law, free markets—and the importance of these for prosperity. Cogan explains those institutions are necessary for sustained prosperity, which demands conditions that are stable in order to fuel economic growth. Robinson asks Terry Anderson about the importance of property rights. Terry says that property rights are the key to providing people with incentives to care for and maintain the property they own. Anderson notes that nobody washes rental cars, because they don’t own them. Robinson asks Lee Ohanian about the role of immigration in prosperity. Ohanian says that the United States has been fortunate in attracting the best talents from all over the world, which has played a major role in sustaining prosperity. Ohanian notes that having an inflow of immigrants like Sergey Brin from Soviet Union, Elon Musk from South Africa, and others has helped the United States stay on the cutting edge of innovation with new and fresh ideas. For further information: https://www.hoover.org/publications/u…
Sep 1 2019

Socialism Does NOT Work | Daniel Hannan | Oxford Union


Published on Dec 18, 2013
Daniel Hannan gives his argument that Socialism does not work. SUBSCRIBE for more speakers ► http://is.gd/OxfordUnion Daniel Hannan opens with a quote from a from a previous socialist known as Adolf Hitler. The socialist voters elevated cohersion over freedom. The human nature of dog eat dog and ambition to do well was harnessed by capitalism to a socially useful end. He highlights that there are no socialist countries in the wolrd today (e.g. Cuba, Zimbabwe etc) that have persormed better than capitalist one. He concludes his rousing speech with by saying socialism does not work and the house must vote for freedom.
Sep 1 2019

A Brecksville Council meeting in 2020, Part One


Jack Petsche and his “friends” are attempting a political take over of the city of Brecksville. Why he might be doing this is somewhat strange as Brecksville is one of, if not the best , run cities in Northeast Ohio. But lets assume Petsche has a better vision for Brecksville and if that is so there are only two versions possible. The first is the progressive version and the second is a grab for personal power. We already know that Brecksville is well run so could either of the two Petsche visions make it better for

Assuming Petsche is the “progressive visionary” that he claims he is than his slogan “A Better Brecksville” would be a progressive Utopia for Brecksville. Unfortunately a Utopia is not possible since humans are not perfect and  so we are not capable of creating a Utopia as thousands of years of political history have shown us.  Granted we are talking about a city and not a sovereign nation but all attempts at a Utopia or a perfect democracy have turned ugly a short time after they are started.  The following U tube shows how a “woke” meeting might be held in Brecksville. I’ts very clear that not much good could come out of situations like this where there is no order.

Unfortunately, what always does happen is that some faction of the group takes over with an iron fist and the peoples views are suppressed to the will of those in power. I don’t think anyone in Brecksville would like living in a city run like Venezuela.

In part two of Petsche’s vision for Brecksville  we will look at the other possibility of a Petsche regime.

Sep 1 2019

2020 Election Analysis: Sanders, Biden & Warren in 3-Way Tie for Second Place


Published on Aug 28, 2019

Bill Whittle Now analyzes the strengths, weaknesses, opportunities and threats offered by the Democratic presidential candidates now locked in a 3-way tie for second place (first in the hearts of their Democratic countrymen). Senators Bernie Sanders and Elizabeth Warren, and former Vice President Joe Biden, each come to the challenge of winning the Democratic presidential nomination with different advantages and handicaps. This 2020 election analysis comes to you free thanks to the Members who pay for it. In addition to providing dozens of new shows each month, they run a Members-only blog which fairly vibrates with reasoned thought, civil dialogue, time-tested principles and a lot of fun. Join us today and find your people at https://BillWhittle.com/register/

 

Sep 1 2019

Martin Armstrong now in Asia with a Front Row Seat


Armstrong Economics Blog/China

Re-Posted Sep 1, 2019 by Martin Armstrong

QUESTION: How long will you be here in Asia?

PP

ANSWER: It is very interesting that we have clients on both sides of all these disputes here in Asia, except in North Korea. The great concern is that if China did send into Hong Kong troops, would they leave? Would this tip the scales of Hong Kong as a financial center? Will Thailand and Singapore continue to benefit from this shift in Asia. Then there is the India crisis.

This is very interesting because we have clients on all sides here. We have held WEC conferences in Hong Kong, Tokyo, Bangkok, and Singapore. So we have always been well entrenched throughout Asia and we are inside China where Socrates publishes forecasts each day on all the top Chinese stocks.

So we are here indeed with a front row seat addressing questions on each side from such diverse positions. It looks like this will be a while. We have a lot of clients in Asia.

 

Sep 1 2019

Five Killed, 21 Injured During Midland-Odessa, Texas Shootout, Three Police Officers Injured….


Re-Posted from The Conservative Tree House on August 31, 2019 by 

A shooting spree spread spread from Midland to Odessa, Texas, after police pulled over a man driving a gold Honda on interstate-20 and the driver began firing a rifle through his rear window, shooting one of two state troopers.

According to local reports a 30-year-old male started the shooting spree after his vehicle was stopped, and then continued shooting random bystanders, victims and responding officers as he drove from Midland to Odessa Texas.

.

Texas Department of Public Safety spokeswoman Katherine Cesinger said: one of two state troopers conducting the traffic stop was shot. She says the suspect then fled “and continued shooting innocent people,” including two other police officers.

TEXAS – At least five people were killed and 21 others were injured in shootings near Midland and Odessa Saturday before the alleged shooter was shot and killed at Cinergy Cinemas in Odessa, police said.

According to officials, the shooting started in Midland and then proceeded to Odessa. In a news conference Saturday afternoon, Chief Michael Gerke of the Odessa Police Department said the shooting began around 3 p.m. after a traffic stop. When a trooper tried to pull over the gunman — who Gerke said was a white male in his mid-30s — he shot the trooper who pulled him over and began shooting people at random, Gerke said.

The shooter eventually ditched his car, hijacked a U.S. Postal Service vehicle and continued to open fire, Gerke said. Two law enforcement officers were injured. (read more)

Aug 31 2019

Political Polarization – Are the Democrats Trying to Change American Politics by Opening Borders?


Armstrong Economics Blog/Politics

Posted Aug 31, 2019 by Martin Armstrong

There are trends which have unfolded in politics that cannot be repaired and reflect the decline in confidence in the government which is dominating the future into 2032. We face not only the polarization of politics which is emerging into hate politics, but we are also witnessing the attempt to subvert the political system for political power.

The loss of Hillary in the 2016 election has set in motion such hatred it is unbelievable. She blamed Russia for her loss, Comey, Trump, and anyone else she could point to by herself. The polarization in American politics she set in motion has gone so far, that this is clearly contributing to the model’s forecast that not merely will the United States decline and fall, but we can see how the 2020 election is shaping up which will be a real political war.

All the media is on board and are in full swing to desperately try to defeat Trump. There has been no president in American history who has been so attacked it is really astonishing. The press is doing what they accused Russia of – trying desperately to influence the people for 2020. The problem with this has been the polarization of politics. It is boiling down to the point where this is all about retribution and vengeance. That is only inspiring the hatred on the other side. The recent threat of the Democrats to stuff the court with their people is just an example. So if they get control and put in 9 of their justices, then when the cycle swings and the Republicans gain control, they stuff in 20?

The 2020 elections will be the most violent we have witnessed since the ’60s. We can see the country being torn apart at the very seams. This nonsense of the Democrats to create open borders and then allow them voting rights is just off the wall. This is a political ploy to change the voting population to seize the power of the United States.

I have told the story of how I was given the mandate from Hong Kong to negotiate with Australia to try to first buy land for Hong Kong to move to create a new sovereign nation. I negotiated with former Prime Minister Paul Keating. I was getting nowhere. I suggested Hong Kong be allowed to set up in the northern territory and formally become a state within Australia and that was rejected. It was finally just frustrating. I asked if this was a racial thing since I could have paid off Australia’s national debt? The response was no! If they allowed the people from Hong Kong to migrate to Australia, they were fleeing Communism and would change the demographics in Australia and that meant they would never vote for Labour – which was his party in power. They feared allowing the people from Hong Kong to migrate to Australia would turn the country conservative.

Based upon my personal experience, I see this position of the Democrats in the same light. What they are really doing by allowing as many people in from South America is to hopefully change the political demographics. They believe these people would then vote Democrat and they will be able to crush Americans and impose all their policies that they have been unable to secure at the ballot box. AOC and Rep. Ilhan Omar of the squad go as far as making this even racial saying that it is people of color that are being denied access which is a code word for this entire battle over immigration.

The US has stiff immigration laws. We have people from many countries that work in the company and having to deal with visas just so they can come even to our US conferences requires explanations. We cannot hire someone from overseas to work in the USA without proving they have special skills we cannot find in the USA. So I know first hand what is involved and the problems. Yet AOC and the Squad want open borders with Mexico with no skills which contradict everything we have to do with people from Asia or Europe.

The Democrats in California have rejected any test for citizenship and have said that illegal aliens can not only enjoy the Sanctuary status of California but can even hold a position on government committees. It appears the way to secure power is to use immigration

Aug 31 2019

Harry Reid Says 2020 Democrat Candidates Too Extreme on Healthcare and Immigration


Published on Aug 26, 2019

As the 2020 Democratic presidential candidates call for Medicare for all, decriminalizing illegal immigration, open borders and free healthcare for illegal aliens, former Senate Majority Leader Harry Reid says they’re too extreme, and will suffer for it at the polls. Will anyone listen? The Members at BillWhittle.com provided this episode, and about 48 others each month, with their Membership dollars. You can join them for as little $9.95/month right now at https://BillWhittle.com/register/