Investors’ curiosity has peaked as central banks are increasing their gold purchases. We are not going back to a Bretton Woods type situation and that is not the issue. You must understand that gold is neutral. Central banks are buying gold because the Neocons have weaponized the dollar.
Russia was removed from the SWIFT system, and private citizens’ assets were confiscated. When Russian assets were removed from SWIFT, a threat to the world was issued to say, “Hey, if you don’t do what we tell you to do, we will take you out of SWIFT.”
This is not the end of the dollar. Money continues to pour into US equities, particularly the Dow. Why? When the drum of war is beating, major institutions rush to move their money into a safe haven, which happens to be the US at this point in time. The big money is not purchasing start-up equities on the Nasdaq, for example, as they will not take that risk. Our computer model indicates the Dow will continue rising into 2032 as it remains one of the last safe havens.
The West has become extremely aggressive in its geopolitics. You simply do not buy the debt of your enemy. Central banks are buying gold because the USD is political.
There is a stark difference between short-term and long-term bonds. The central banks have zero control over the short-term and that is how this whole QE fiasco began as central banks began purchasing long-term debt in an attempt to reduce long-term interest. Why would you buy long-term when war, the primary driver of inflation, is looming? This is a serious situation that the neocons who have weaponized the dollar simply do not understand.
Posted originally on Apr 3, 2024 by Martin Armstrong
QUESTION: I believe you analyzed inheritance and how altering it had contributed to society’s decline. Politicians here in Australia are talking about when you die; everything should go to the state because it is not fair that one person inherits more than another.
I would greatly appreciate any comments you might have historically on that subject.
Bret
REPLY: Yes, I forgot when I did that analysis. It was a long time ago. Inheritance Taxes are Marxist and highly destructive economically. Suppose you have a company worth $100 million; your children must pay 40% taxes. They have to fire people and sell assets to cover the tax. This has been HIGHLY destructive in farming. Heirs have been forced to sell off farmland to pay the tax. This is how large farming companies and Bill Gates have accumulated farmland. This exploitation of the heir reduces productivity and thus reduces GDP and employment.
Before Marxism, inheritance became the primary reason the first son inherited everything during the Middle Ages, and the second son was donated to the church to become a priest, whether he liked it or not. In ancient times, if you had many children and evenly divided an estate among them, you effectively destroyed society’s productive capacity.
There had previously been two types of marriage in France, temporary and permanent, until the Catholic Church insisted on only permanent marriages. Charlemagne married all his daughters in only a “temporary” marriage, meaning that they possessed no legal right to the throne or property. That was the distinction between the two types. The question of inheritance was a major issue historically.
The ancients knew the consequences of dividing estates (partibility) among heirs. Sparta in Greece rewarded fathers based on the number of children. Sparta wanted soldiers, so the more children, the better. But Sparta undermined its own economy in the process. Production of children was rewarded in Sparta, and the fathers of three or four sons were exempted from military service and other economic burdens. Aristotle is sharply critical of this practice and wrote:
“It is obvious that, if there were many children, the land being distributed as it is, many of them must necessarily fall into poverty.”
If you create a major company like Ford Motors and you die, then the government is only interested in grabbing taxes. They think nothing about the jobs this company creates. The ancients realized that even dividing it up equally among the heirs destroys the productive capacity of the entity. This is why they evolved into the first son who inherited everything to preserve the estate rather than destroy it.
After 2032, we MUST prohibit any such idea of direct taxation (income/inheritance) as the Founding Fathers of the US Constitution intended. They understood this lesson from the past – Marx was a hateful, jealous person, only concerned with not having as much as his neighbor. This is what has brought us to the brink of disaster. Our government has followed Marx rather than those who created the Constitution out of experience.
Thomas Paine was famous for saying: Give me liberty or death. But he also made it very clear why history repeats fro the people refuse to ever learn:
“Government, even in its best state, is but a necessary evil; in its worse state, an intolerable one.”
Posted originally on the CTH on April 1, 2024 | Sundance
I strongly doubt that Chairman Xi, President Putin or Chairman Kim think about Joe Biden for a single moment. Everyone knows Biden is a propped optic for the people behind the administration who control him.
At a certain point it just gets embarrassing to keep pretending. Check his polling, Biden isn’t collapsing because the left dislike his policies; Biden is collapsing because more and more leftists are being ridiculed and shamed.
Today, Joe Biden celebrated his national transgender egg roll days with the “oyster bunnies.” WATCH:
COMMENT: Marty, I was cleaning out my office. I get around to once every 31.4 years, and I found your report that was controversial back in 1990 when you were at war against the fundamentalists who were always getting it wrong, as they still do today. I scanned it in and thought you should post this for the newcomers. You invented capital flow analysis, and you may not qualify for a Nobel Peace Prize since you advocate for peace rather than war, but you are in a category all by yourself. Being a trader rather than an academic who was in the trenches rather than in an ivory tower. People need to know that.
See you in London
SK
REPLY: Very interesting. Yes, they always use war to cover up something else. Hitler and Napoleon were trying to resurrect the old Roman Empire over all of Europe. The days of empire building inspired by the Physiocrats that the wealth of a nation was agriculture, so you conquered nation after nation are long gone. Adam Smith wrote his Wealth of Nations to challenge the French Physiocrats and their view that only agriculture was wealth. He argued that it was the total productivity of a nation that constituted its wealth.
Then along came Marx, and the wealth became labor, and he tore apart the economy out of jealousy. He attributed nothing to human imagination, the source of all economic advancement. Communism proved that the government was incompetent in regulating or developing the economy.
Smith was NOT an academic. He went out to observe how everything truly functioned. The socialists hate Smith because they follow Marx and want to force the economy to function the way they think it should. They reject any concept of a business cycle and come up with stupid theories like Random Walks, for that means that they can then manipulate society because it is all just random.
They are now all in a tissy. The government wants to REGULATE AI, and Biden put our illustrious VP in charge. There is a real threat that they will regulate what they do not understand and, in the process, destroy the industry, as they did with investment advice and force people offshore, giving birth to the Hedge Fund Industry.
Posted originally on Mar 31, 2024 By Martin Armstrong
If anyone dares to question why the United States will break apart and separate, you must move to California. Biden has just declared Easter is really Transgender Day. He did not give us a memo on how to celebrate. I guess we do not have to hunt for eggs or give presents. So, I guess we are all supposed to be cross-dressers today. We now have Biden effectively declaring Easter Sunday Transgender Day, which is basically a FU to all Christians while they are really saying take your religion and stuff it. The Biden Administration, like Marx, has effectively declared religion the OPIUM OF THE PEOPLE, and they have no respect for anything you believe.
Like Zelensky in Ukraine outlawing Eastern Orthodox religion and nullifying their holidays, including outlawing their Christmas in January, which has been celebrated for more than 1,000 years, the Biden White House is trying to eradicate our religious beliefs and customs.
When Biden won the White House, they were cheering that they would change America into their vision of la la land – Californization of the entire country. That is what I mean; the people who are really running the show in the White House HATE America! They hate religion, our culture, and everything about what made America – America. They are trying to desperately destroy everything about the United States that once made our country great and the beacon of liberty around the world. LIBERTY is old fashioned – they are now autocratic dictators that we MUST live by what they decree or else!
Those Days of Freedom Are Gone
This Biden Administration is sleep-walking the country into World War III to reduce the population all for the Climate Change zealots and to appease the NEOCONs who cannot sleep at night without hating someone.
The Neocons wrote the script for Biden to read, for they made sure they started the civil war in Ukraine as the spearhead to use to go after Russia. This was a Declaration of War that they announced on March 26th, 2022, and bypassed Congress entirely to manipulate the country into war.
We already knew that FREEDOM OF SPEECH means nothing anymore, as the Biden Administration orders private companies to censor people they cannot do directly. Biden even created, on April 27, 2022, the Disinformation Governance Board (DGB), an advisory board of the United States Department of Homeland Security (DHS) to control the free press. Then Biden tells Texas it has NO RIGHT whatsoever to defend its own people.
I am sorry, but with this agenda, it is only a matter of time before History Repeats, and we will see a unified separatist movement start to form. NOBODY will accept the results of this election, and there is NO WAY these people in Washington will allow either Trump or RFK to win the White House. All the studies show that Trump would have won in 2020 without mail-in ballots. The Democrats are handing out voter registrations to noncitizens. Merrick tells Congress VOTER IDs are not necessary, yet they threaten any state that insists on IDs to vote as discriminatory. You cannot board a plane or drive a car without a photo ID, but you can vote with nothing? This is all to rig the elections. There is no way this will be a fair election, and they DO NOT GIVE A SHIT anymore what you vote for or what you think. They will win no matter what.
A VOTE FOR BIDEN IS A VOTE AGAINST
EVERYTHING AMERICA STOOD FOR
Because it is for the DEEP STATE
Civil War in any country typically followed two factors. When a nation PRETENDS to be a democracy, like the Roman Republic, but while people may vote, once in power, the leaders do whatever they want. This has unfolded in the United States, and the Biden Administration has taken this to new heights. Zelensky was elected promising peace in Ukraine and has done the opposite. This is the #1 factor that led to all civil wars throughout history. The #2 factor was when the people become divided according to IDENTITY rather than philosophy, such as Catholic vs. Protestant, Suni vs. Shitie, Black vs. White, Marxist vs. Capitalist. Today, 40% of Democrats vote Democrat not because of philosophy but because of IDENTITY. The same is true about Republicans. This is the crisis in Washington that has identified Republicans who no longer represent the philosophy but vote because they are part of the Deep State IDENTITY – hence RINOs.
When the people are so divided, and the groups begin to hate each other as is unfolding, then our failed Republican form of government is NOT a democracy in the slightest, and they, like Zelensky, will say whatever needs to be said to win an election and then do as they like. This clip from the London Financial Times shows how DEMOCRACY suddenly became POPULISM because people voted for an outsider like Trump, and they were terrified.
This is why the United States will go into a civil war. This formula has identified civil wars for thousands of years, leaping out from our computer models that have looked at the rise and fall of nations. It is NOT equality or the differential in wealth. It is when fundamental fairness is thrown out the window for power. EVERY single city-state, nation, or empire has fallen when it has crossed this threshold and is buried in a common grave.
That said, I personally do not believe those controlling the White House, and thus all the government agencies, will allow anyone BUT Biden to win this election. They have gone too far to allow anyone to overturn their agenda. I find it very curious that this movie comes out on April 12th on the future American Civil War. The American Civil War actually began on April 12th, 1861 (1861.279). So, the release date is historical. Our computer shows that the United States will no longer stand united by 2036.489.
Our computer has projected that 2024 will sow the seeds for the end of the United States. According to the historian Suetonius, Caesar said his famous phrase, ālea iacta est (“the die has been cast”). In other words, the dice have been thrown. That is what our computer has forecast for 2024. The precise date of that turning point is September 4/5th, 2024.
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 