Tag Archives: Real wages drop

Jan 6 2024

The Truth About Bitcoin and Cryptocurrencies – An Unpopular Analysis


Posted originally on Jan 5, 2024 By Martin Armstrong 

Bitcoin and Gold

“Could governments seize bitcoin?” That is a common question, and much to the dismay of many, my opinion does not match the typical analysis. I have lost clients due to my honesty regarding crypto. I understand many firmly believe that Bitcoin will one day become the alternative to the USD, but it is unwise to believe that it is a safe haven to park money. I will not sugar-coat the truth, as feelings must be removed from trading. The answer is an astounding YES – governments can seize Bitcoin and all other cryptocurrencies.

To begin, there is much speculation around the founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on  June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be up to $73 billion, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?

Only 2.3% of Bitcoin owners own a full Bitcoin, while 74% own less than 0.01 BTC. Bitcoin was initially a way to remain under the government’s radar, with people using cash to fund their anonymous accounts. The majority no longer use this method and favor platforms that are required by governments to collect and verify all user data.

Bitcoin’s price is akin to the problem that existed when the bubble burst in 1966 with mutual funds because they were listed back then. The value can change at a volatility rate of 10x that of the dollar, making it a highly dangerous instrument as a store of wealth. It is solely a trading vehicle until they weigh it and the value is changed.

1966Crash D

In 1966, investors bid the mutual funds up beyond net asset value so during the crash, people lost everything when they thought it was a secure investment. The net underlying assets may have dropped 20%, but they paid 20% over the net asset value and then sold at 50% of the net asset value. Many mutual funds crashed 70-90%, whereas the Dow drop was 26.5%. Ever since, mutual funds have no longer been allowed to be listed. You go in and out at net asset value. Bitcoin must change its structure, or it will never become a valid currency with a stable store of value, which is supposed to be the whole point. It is just an asset class of high volatility.

Countries with strong currencies do not want bitcoin in existence. There are numerous ongoing efforts to regulate all cryptocurrencies, as politicians claim people are using it to either bypass taxes or commit crimes. Governments have reached the end of their rope and are actively on the hunt for additional taxes. They will default on all their debts, and the new monetary system they are planning will give them total control.

Governments in Europe and the Middle East prohibited my company from selling their clients REPORTS on bitcoin. We spoke with the regulators and explained we were merely selling a report and not currency, but they threw it all in the same bin. The same exact thing happens when we ship ancient coins as governments consider them currency despite them not being in circulation for numerous lifetimes.

1933 FDR exec order gold

Those who call Bitcoin “digital gold” are onto something, as governments have seized gold in recent history. Herbert Hoover admitted in his “Memoirs” that the investigation that led to the creation of the SEC was on the back of a phone call where he was told it was a conspiracy against his administration to create the stock market crash.

Governments will impose capital controls as they always do. That will mean that they will have no intention of allowing people to buy and sell cryptocurrencies. They will most likely do that as well when it comes to gold and silver. A black market in precious metals may exist with a supply that cannot be increased. They might even seize gold mines.

Governments are allowing cryptos like Bitcoin to exist because they can trace the transactions far better than paper currency. Bitcoin is a trading vehicle and nothing more. Just follow Socrates. That gives at least an unbiased viewpoint. What goes up comes down, and what goes down eventually goes up. That is just the law of the market.

Every major central bank has said they plan to move to CBDC. The entire purpose of the CBDC is to impose COMPLETE capital controls. So, how will you buy and sell anything that they deem to be a threat to their totalitarian world?

Jan 6 2024

Gender Neutral Toy Aisles Mandatory in California by Law


Posted originally on Jan 5, 2024 By Martin Armstrong 

genderneutraltoyscalifornia

California is facing a massive budget deficit and boasts the largest homeless population in the US. The state is expanding the Medi-Cal program under Medicare to provide 700,000 illegal migrants with free healthcare. Leave it to Governor Gavin Newsom to focus on non-issues like children’s toys. His entire platform is based on pandering to the far-left as his state crumbles. California is now prohibiting toy stores from gendering toys.

Any large retailer that fails to implement a gender-neutral toy aisle will be faced with a fine of up to $500. Those who break the law may face civil suits “enforced through legal proceedings initiated by the state attorney general, district attorney, or city attorney.” This is a milder version of the original bill that attempted to BAN stores from displaying gendered toys and clothes.

TransPrideTODDLER

The funding for this should go into mental healthcare. This extremism borders child abuse. Children do not even understand the term “gender-neutral” nor should they. If your daughter wants to play with a toy car, you’re free to walk into the toy aisle to purchase one. The indoctrination starts at an extremely young age. This legislation will teach Generation Alpha that it is not ok to be masculine or feminine. We must live in a genderless society to appease the WOKE.

In addition to corrupting the youth of America, the law blatantly infringes upon the First Amendment. Will religious store owners have the option to opt-out of this ridiculous law? I personally have fond memories of my children running up and down the toy aisles. Nothing is sacred anymore.

2023_05_27_14_09_57_Target_partners_with_org_pushing_for_kids_genders_to_be_secretly_changed_in_sch

All of that is coming to an end in California as kids will question why there is a special section for the children of far-left liberals who were raised to believe that femininity and masculinity is wrong. The woke completely ignores biology that has been passed down throughout the ages to preserve the human race. Parents are now beneath the government and do not have a say in how their children are exposed to adult topics.

Gavin Newsom’s goal of becoming the wokest state in the nation is working, and people are leaving in droves. Newsom certainly did not have gender-neutral toy aisles when President Xi came to visit. If he feels so strongly about this topic, he should do his next debate in a dress. This is a direct attack on the children of America, and everyone wants to know WHY they are so focused on turning every child into a they/them. They are not the government’s children, as the president once claimed, and parents have every right to be outraged by the deeply disturbed woke agenda.

Jan 4 2024

Biden Suing Texas to Stop Them From Deporting Illegal Aliens


Posted originally on Jan 3, 2024 By Martin Armstrong 

Constitution

Biden’s controlled Justice (JustUs) Department has sued the state of Texas regarding their new state law that would authorize local police and judges to arrest and remove undocumented immigrants. The Biden Administration is flooding the nation with illegal aliens. It (1) intends to grant citizenship by executive order to rig the 2024 election, and (2) it will require them to join the military to fight China, Russia, North Korea, and Iran, just to mention a few.

The Texas statute is due to go into effect in a matter of months. Biden is claiming that this Texas law is unconstitutional, allocating powers to local officials that have been reserved for the federal government. However, the Supreme Court ruled in HARRIS V. McRAE, 448 U.S. 297 (1980) that the Constitution is NEGATIVE, not POSITIVE. That means there is no obligation by any state to provide services to illegal aliens any more than to citizens.

Biden has turned the Constitution upside down. Texas and any other state are NOT under any obligation to provide anything to illegal aliens. They should all get a free bus ticket to Washington, DC. Let the Congress members fight their way to get home and to work, stepping over all the people living on the streets. The Supreme Court was confronted with an abortion case, and the issue was whether the state should pay for it as a right. The holding is very clear and correct. The Constitution is NEGATIVE, and as such, it is a RESTRAINT upon government – not a POSITIVE instrument that compels the government to provide any social benefits whatsoever as some entitlement.

To all our readers in Texas, get a hold of your state representative and tell them NOT to provide anything to illegal aliens whatsoever. Hand them a free bus ticket to Washington, DC. That’s it.

Jan 4 2024

New Way to Object in Court


Posted originally on Jan 3, 2024 By Martin Armstrong 

I have never seen or heard of someone leaping over the court bench to attack a judge. Perhaps violence is rising absolutely everywhere. The Judge was OK and was not hospitalized after the attack. The courtroom marshal was injured and was hospitalized for treatment of a bleeding gash on his forehead and a dislocated shoulder. The defendant, Deobra Delone Redden, 30, was wrestled to the floor behind the judge’s bench by several court and jail officers and courtroom staff members — including some who are seen throwing punches. Quite a spectacle. I guess he has an anger problem. If this were in California, the Judge would be charged for handing out a racially induced sentence.

Jan 4 2024

What Will the Fed do in 2024?


Posted originally on Jan 3, 2024 By Martin Armstrong 

Powell_Unsustainable_12 1 23

Everyone wants to know what the Federal Reserve will do in 2024. Of course, people want to believe that the Fed will slash interest rates in the New Year. The pundits cling to every word except when, at the start of the month of December, Powell boldly criticized the Biden Administration, saying that his outrageous spending is “unsustainable” and central banks do not criticize their governments. They certainly do not criticize each other. I have met with the boards of central banks worldwide because I understand their predicament. Unless you have been behind those closed doors, you will never comprehend the intricacies that are taking place.

Federal Reserve Bank

The Federal Open Market Committee (FOMC) held rates at the 5.25% to 5.5% range at their last meeting in December 2023. Additionally, the committee indicated the possibility of at least three rate cuts in 2024, as their favored gauges for inflation appear to be easing. The “dot plot,” which reflects individual members’ expectations, suggests the potential for four rate cuts in 2025 and three more in 2026, bringing the rate down to between 2% and 2.25%. Now, that is simply what the public has been led to believe.

The Fed’s last decision reflects a cautious approach to policy tightening, considering multiple factors unknown to the public before any further adjustments. The committee’s PUBLIC decision and future outlook are based on the evolving economic conditions in relation to inflation and the labor market.

The Federal Open Market Committee will meet in 2024 as follows:

  • Jan. 30-31
  • Mar. 19-20
  • Apr. 30 – May 1
  • Jun. 11-12
  • Jul. 30-31
  • Sept. 17-18
  • Nov. 6-7
  •  Dec.  17-18
2023 Year End Report

There are simply things I cannot publish on the public blog. I have posted articles on the Socrates private blog that explain the Fed’s direction for 2024 in further detail. Now, consider the dates above and consider what events align with them. Further details will be provided in the Year-End Report, which should be out by the end of this week.

Federal Reserve 1951 Accord

The Federal Reserve cannot criticize the federal government. The most significant issues facing our economy are simply out of the Fed’s hands: war, taxation, and government spending. Chairman Jerome Powell surprised everyone when he called current government spending “unsustainable.” While not a direct criticism, Powell issued a stark warning that aligns with our Revolution Cycle of 72 years. In 1951, the central bank defied the US government by refusing to purchase debt to prevent rate hikes amid the Korean War.

So, there is bad news for the perpetual bulls who insist rates must decline. There is a HUGE divergence unfolding between short and long-term rates. Institutions are buying up government debt without considering the potential that rates may not fall. Absolutely no one is factoring in the largest driver of inflation – WAR – nor are they factoring in the three main pillars of government debauchery (war, taxation, government spending) that the Fed cannot control.

Jan 4 2024

Nevada District Court Judge Mary Holthus Violently Attacked While Ruling from Bench


Posted originally on the CTH on January 3, 2024 | Sundance 

District Court Judge Mary Kay Holthus was denying probation to a defendant in a battery case, when things in the courtroom became alarmingly violent.

Just as Judge Holthus said she was denying probation and about to impose a sentence, criminal defendant Deobra Redden (30) shouted “f**k that bitch,” leaped over the bench and attacked the judge.  WATCH:  [LINK HERE]

Due to the race of the defendant, cultural sensitivities, political correctness and the graphic nature of the events, the courtroom video has been restricted by Google in an effort to forestall public awareness. [WATCH HERE]

This is what George Soros prosecutors and misguided judges are turning loose on the streets every day when they do not incarcerate violent offenders.  Had this man received yet another probation sentence, the next victim would have been anyone in this defendant’s orbit and not the judge.

Jan 3 2024

Really Goofy – DOJ Files Additional Indictment Against Bob Menendez for Taking Bribes from Qatari Interests


Posted originally on the CTH on January 3, 2024 | Sundance 

This is really odd, if you understand the role Qatar plays for the USA.  If you think of Ukraine as a money laundering operation where U.S. Senators, families or business interests, get U.S. government funds washed through Ukraine and back into the USA, then historically Qatar has been our biggest dry cleaner for decades.

It is well known that the U.S govt uses Qatar as the pivot point for the distribution of covert funds to facilitate the Dept of State, CIA and Intelligence Community operations.  Example: We give Qatar money to buy U.S. military weapons, the CIA provides the weapons, then we tell Qatar to send the surface-to-air missiles to Libya (this happened).  That’s just one example, and there are dozens of documented instances.

Qatar is the home base of the Muslim Brotherhood, the official agency for USA influence with political Islam, the tool/bank of the CIA, and the proxy ambassador for U.S. influence with al-Qaeda, Hezbollah and Hamas.  We give Qatar money, then tell them what to do with it – like send to Iran (link) or send to Ukraine (link).  Qatar is our national “dark money” bank.

Inside this rather weird story, the DOJ is now filing an additional indictment against Senator Bob Menendez for organizing a financing system for a U.S. business using investment funds from Qatar.  The business, likely the Edgewater development project (principal investor Fred Daibes), paid Senator Menendez an indulgency fee (bribe) for helping with the Qatari contacts, and then Qatar gave Bob Menendez perks for the end result.

Oh, the irony… Hunter and Joe Biden, not-so-much… I digress.

If you really look at this action by Main Justice, and you understand how all of the key politicians receive some form of compensation from Qatar, then suddenly you have to ask why is the DOJ singling out Menendez for something the entire Senate is doing?

One possible answer is that it’s an election year, and Main Justice (Lisa Monaco), in collaboration with the Intelligence Community (Avril Haines), is sending a shot across the bow to any U.S. Senator that they need to be careful with any position they take, or the “six ways to Sunday” group will be activated against them.

Nothing else really makes any sense.

Additionally, you have to laugh at this little line… “Menendez allegedly messaged Daibes on an encrypted app“…  Gee, not so much encryption, eh?  I wonder what app that was?  PRO TIP: Likely, Signal.

WASHINGTON DC – […] In January 2022, as Daibes was about to meet the Qatari investor in London, Menendez allegedly texted both of them: “Greetings, I understand my friend is going to visit with you on the 15th of the month. I hope that this will result in the favorable and mutually beneficial agreement that you have both engaged in discussing.”

That May, according to the indictment, the Qatari company signed a letter of intent to enter into a joint venture with Daibes and “thereafter, Daibes provide Menendez with at least one gold bar.” Three days later, following a dinner with Daibes, Menendez allegedly Googled “one kilo gold price.” (read more)

I’m sorry, but this is funny… because it’s friggin’ Qatar.

Everyone who walks in the political weeds knows the U.S. government controls all the Qatar stuff.

Remember, when the people behind Biden needed to execute the DoS/CIA World War Reddit?   [Check Date]

Or when the people behind Biden needed to give Iran money to fund the Hamas attack?

.

Jan 1 2024

SMUG College Student ATTEMPTS To Prove Charlie WRONG 👀


Posted originally on Rumble By Turning Point on: December 13 29023

Jan 1 2024

REPORT: More than 7,000 German Women Raped and Sexually Assaulted by Immigrants Since 2015


Posted originally on the CTH on December 31, 2023 | Sundance

It is well known that amid all violent crimes, rape and sexual assault are underreported by victims; so, the latest statistics from Germany are even more alarming than would appear on the surface.  [REPORT HERE]

Overall, “irregular migrants” the term given to those who illegally enter Germany and then gain asylum, represent approximately 2.5% of the overall population from the period of 2015 through 2022.  However, that same group represented 13.1% of all rape and sexual assault cases.   An irregular migrant is four to five times more likely to commit a sexual crime against a German women.

BERLIN – Irregular migration to Germany has a negative impact on safety in public spaces. Women and girls are particularly affected. In addition to the violence they already experience at the hands of nationals, they are endangered by sex offenders who came to the country with asylum migration.

This is shown by the figures of the police crime statistics. Between 2015 and 2022, there were more than 8,590 reported cases of rape, sexual assault and sexual assault by immigrants. The Federal Criminal Police Office (BKA) uses the term “immigrants” to describe people who have come to Germany via the asylum system. More than 90 percent of victims of sexual offences are female.

[…] The NZZ has asked all parties represented by parliamentary groups in the Bundestag for a statement on the number of cases. Despite several questions, including to members of the Committee on Internal Affairs, there was no reaction from the Greens.

CDU MP Christoph de Vries, a member of the Committee on Internal Affairs, states: “It is obvious that the risk for women to become victims of rape or other sexual offences in Germany has increased significantly in recent years due to asylum migration from the Arab world and the Maghreb states.”

The number of asylum seekers must be permanently reduced and criminals must be consistently deported – including to Syria and Afghanistan – the CDU politician demands. The protection of women must “take precedence over the protection of sex offenders and other criminals”. (read more)

In the past three years the United States has more than 10x the number of “irregular migrants” than Germany in the past eight years….

…. and our U.S border remains unsecured.

Dec 31 2023

12.30.23: LT w/ Dr. Elliott: Allocate into STRENGTH, Silver/Gold, Phantom Debt, UBI in Canada, Banks, Pray!


Posted originally on Rumble By And We Know on Dec 30 12:00 EST