Protests are continuing in Europe. This was the one in London this weekend. Boris Johnson is adopting the measures of the Madman of Australia. We are looking at a rising spiral of civil unrest especially because they will continue to use this virus to extinguish all human rights.
Our ideal target for the start of this escalating cycle of civil unrest (protests against lockdowns) was 2020.563 which was June 24/25, 2020 and the end of this cycle will be about October 30th, 2026. On June 12, in Lebanon, their currency collapsed because of COVID and many Lebanese citizens took to the streets for anti-government protests. The protesters set up burning barricades and forced road closures. As some protesters threw rocks at police, others tried to climb the security fence surrounding the Prime Minister’s house. On June 30, China officially passed the controversial national security law which affected Hong Kong through a loophole in its constitution. This led to more protests but this was not COVID oriented.
Following the death of George Floyd in Minneapolis police custody on May 26, 2020, protests began the next day. But because of COVID and the loss of jobs, this allowed people to attend all over in far greater numbers than ever before. There were even protests in Amsterdam on June 1, 2020.
This cycle of protests and violence will escalate. As a direct result of COVID and job losses, people are free to protest now in mass.
COMMENT: The IMF & a new Bretton Woods? When are you going to admit that everything they are doing is because of you and your models? Fes-up!
HC
REPLY: I understand that it appears they have been following our models from the January 18, 2020 turning point to the Sovereign Debt Crisis and looking into Perpetual Bonds, to the Monetary Crisis Cycles where I have warned they would move to a new style of Bretton Woods. That said, if they were really following our model, they would see the end is near and there are far better solutions.
COMMENT: The IMF & a new Bretton Woods? When are you going to admit that everything they are doing is because of you and your models? Fes-up!
HC
REPLY: I understand that it appears they have been following our models from the January 18, 2020 turning point to the Sovereign Debt Crisis and looking into Perpetual Bonds, to the Monetary Crisis Cycles where I have warned they would move to a new style of Bretton Woods. That said, if they were really following our model, they would see the end is near and there are far better solutions.Video Player00:2104:53
You must listen carefully. She is speaking about the sovereign debt crisis (debt relief with the private sector), the same words as Schwab (equality), climate change, and increasing the money to the IMF. Michigan Republican Congressman Bill Huizenga sent this Video on how the Democrats have Denied him any right to Speak Out on the Floor to object to what the Democrats were trying to hand $3 trillion to the IMF for this globalist agenda.
This is all the same social agenda because the system is collapsing and to retain power, they have used this virus as the excuse to seize control and to try to prevent a civil uprising. Right now, the polls around the world generally show 72% of the people believe the governments are trying to protect them. New Zealand election showed she won but the politics is also different. People do not get to vote for the individual, only the party. When elections come due in late 2021 into 2022, we will see the attitudes swing to probably only a favorable poll in the 40% range.
This IMF statement now is again part of a coordinated effort to overthrow Trump. The IMF is looking at $3 trillion if they come to the aid of this globalist agenda and help to remove Trump. Then they will target Russia and China. The IMF has also been supporting a digital currency and, behind the curtain, they have been pushing for a one-world currency which should be their SDR replacing the US dollar.
I find it curious how there seems to be always some conspiracy theory weaved that somehow I am in league with these people, a fraud somehow despite the fact it was HSBC that had to pay all the money back and how the banks are continuously in money laundering schemes to just theft. The latest in a long list of frauds is another $2 trillion. I understand the government controls Wikipedia. Larry Sanger, the co-founder of Wikipedia, published a blog postthis month declaring that the online encyclopedia’s “neutral point of view” policy is “dead” due to the wholesale assault by the left-wing bias of the site. He pointed out how the article on President Donald Trump contrasted its extensive coverage of presidential scandals with the largely scandal-free article on former President Barack Obama.
Back on May 14, 2020, Sanger published a blog piece titled “Wikipedia Is Badly Biased” and started by declaring Wikipedia’s “Neutral Point of View” policy dead. With all the hype about Russia trying to influence the election in 2016 to defeat their star candidate, Hillary, what is emerging is pretend fact-checking and constant attacks on anything that disagrees with their extreme left-wing agenda. This is threatening the very future of the nation and our children.
Wikipedia protects its “editors” and refuses to reveal even who they are. They have become simply another piece of propaganda. They will never publish the truth. Wikipedia is no better than YouTube, Twitter, or Facebook.
Wikipedia protects its “editors” and refuses to reveal even who they are. They have become simply another piece of propaganda. They will never publish the truth. Wikipedia is no better than YouTube, Twitter, or Facebook.
Many people have written in to ask about precious metals, what to buy, and where to store them. A number of people ask about storing at the Perth Mint or some designated metal storage facility. There are many different places for storage. However, I would not store anything with any government facility whatsoever. Even when gold was confiscated in 1934, they seized all gold on deposit at any bank. This is what gives me great pause of even storing gold in a bank safe deposit box or at any designated metal facility.
I know that many gold bugs keep spinning stories desperately against me and are trying very hard to prevent anyone from reading our sites. They are acting no different than YouTube or Twitter. That simply means that they cannot argue facts, so kill the messenger.
I have been warning that there is no RULE OF LAW. The government will do whatever it wants and there is no law that will ever protect you. You must remember, that they will do whatever they need to do to survive. I suggest watching “The Report” by Amazon. That exposes how the CIA was torturing people against international law and lying to Congress to cover it all up. Nobody was ever prosecuted and the guys doing the torture got $80 million for doing so.
We all know that the bankers are protected in New York. NEVER has a banker gone to prison for anything they have done. Because they were illegally trading in our accounts parking even $500 million losses in my account over the weekend and claiming it was an error and backing it out on Monday, exposed how corrupt things were in New York. Then because I threatened to sue the bank, they flipped it and claims trading losses were mine and admitted their people conspired with me to hide the losses. When it came out that the accounts were mine and not accounts of clients, their story fell apart. Nevertheless, they seized our company, through me in civil contempt for 7 years on a statute that said 18 months maximum, and when my clients supported me against the bank they put a lifetime gag order on me to prevent me from helping my clients against the bank. The bank pleas guilty and HSBC returns all funds, no fine, and no bankers ever went to jail. The same with the CIA.
They can torture you, kill you, or steal all your money. Nobody will ever be charged nor will they ever go to prison. This is the reality of the world we live in. Here is a message from a member of Parliament in Britain. We are looking at the repeal of all rights in Britain, Australia, Canada is moving with internment camps as is New Zealand. They desperately want to do the same in the United States if they can get rid of Trump. Welcome to the “New Norm” it is just out in the open.
When it comes down to store your metals, I would not leave it in any government facility or designated metal storage. They will know where to find it.
QUESTION: Do you see the Fed moving to digital currency and perpetual bonds simultaneously with other nations? I think it would be harder to pull off here, but then again, they may have no choice. I guess they have a lot of reasons to get rid of Trump, but there’s more on the side of rejecting it, at least for now.
Interesting that a few analysts, websites, newsletters… have been calling for a Fed move to digital, as soon as November 5th or January 2021. Seems optimistic. However, I haven’t heard anyone mention bond default through the transition to perpetual.
E
ANSWER: No. First of all, the US debt market is the only game in town. Europe has destroyed its bond market as has Japan. That is why they are trying to get rid of Trump to further their globalist agenda. However, the conservative Democrats will also reject it as well. Our political report will be up for sale on Monday which is not just 2020, but the next 12 years, The arrays are shocking when we run them on politics. There is an increasing risk that the Democratic Party will split just as the Republicans did in 1912 when Teddy Roosevelt started his Progressive Party. The Democrats face the same crisis – conservative (middle of the road) v extreme socialist left.
There are a host of problems. They cannot move to digital so easily because over 60% of paper dollars are outside USA used globally as the alternative. Today, the Treasury and Board of Governors staffs estimate that about 60% of all U.S. banknotes in circulation, or around $500 billion and growing, is held outside the United States. U.S. banknotes are the #1 hedge against the currencies in Europe and Asia because the USA has never canceled its currency so a $100 bill from 1934 is still valid which is not the case for any nation in Europe. The US printed $1,000, $5,000, and $10,000 notes in 1934 which are still legal tender.
It is not so easy for the USA to move digital and at best, it would have to be a two-tier system without canceling the paper money.
QUESTION: Interest on savings instruments (i.e. CD) for 1 yr terms is non-existent at <= 1.0%. Why would interest rates increase in a digital currency system/world?
IS
ANSWER: The only reason rates would rise is by simultaneously converting the debt to perpetual. They have to end Keynesian Economics. They cannot raise rates as long as they have to buy the debt as in Europe. Therefore, we see most countries preparing for the real BIG BANG which is the default on dent by converting outstanding debt to perpetual, then they no longer need to artificially suppress interest rates they cannot raise if the debt is still issued.
I tend to get called in because they know I will say the truth. I do not take funds from any group and we pride ourselves on independence. It is a club because unless you have been called in by one government you will not get into others. Very interesting criteria. Nevertheless, I believe you will see this simultaneously. A digital currency swap will allow then the perfect excuse to change the debt structure and then they do not have to outright default.
Big Bang began in 2015.75 within about one year of them moving to negative interest rates in 2014. The next crack is due 2021 and the big break post-2024. We are now entering the next phase and we are running out of time. That is what these lockdowns are really about. They know civil unrest will rise when the public realizes that the old financial systems are collapsing.Categories:Bonds
October 13, 2020 was “a black day for human rights,” said Hillel Neuer, executive director of UN Watch, the Geneva-based non-governmental human rights organization. Mr. Neuer was lamenting the fact that the United Nations General Assembly was preparing to vote to elect some of the world’s worst serial human rights abusing regimes to membership on the UN Human Rights Council. The regimes elected included China, Russia and Cuba. A Joint NGO Report issued by UN Watch, Human Rights Foundation and the Raoul Wallenberg Centre for Human Rights on October 5, 2020 branded these regimes “unqualified.” The Joint NGO Report reached its conclusion based on the criteria that the UN General Assembly itself set, which required that “members elected to the Council shall uphold the highest standards in the promotion and protection of human rights.”
The Chinese Communist regime is a wellspring of gross human rights abuses
The UN General Assembly’s vote to grant China membership in the Human Rights Council illustrates how the United Nations has made a complete mockery of the human rights protections it professes to uphold. The Chinese Communist regime is a wellspring of gross human rights abuses. The regime routinely crushes dissent, extending its authoritarian methods to Hong Kong. It tortures and arbitrary imprisons its citizens who do not toe the official party line. The regime is a surveillance state that negates any individual privacy rights, and it censors the press and online social media. Journalists who dare to stray into politically sensitive areas that the regime considers forbidden territory are regularly forced out of their jobs or jailed. The regime also engages in persecution of people of faith, including Christians, Buddhists and Muslims.
In these respects, the Chinese regime is in sync with the human rights abuses of other authoritarian regimes. However, what places China in a class by itself today when it comes to human rights abuses are the internment camps the regime has established to arbitrarily detain more than one million Uighurs and other Muslims. The Joint NGO Report referenced the horrific conditions to which these detainees have been subjected, including political indoctrination, systematic torture, and the forced sterilization and abortions of female prisoners. The Uighurs and other Muslims who are not presently detained still live under repressive conditions. They are subjected to constant surveillance, the suppression of the use of their own language, and the banning of their cultural and religious practices.
Here is how the U.S. State Department described this unique example of ethnic cleansing in the 21st century, which the Chinese regime has justified to “contain and eradicate extremism”:
“The broad definition of extremism resulted in the reported detention since 2017 of more than one million Uighurs, ethnic Kazakhs, Kyrgyz, and other Muslims in ‘transformation through education’ centers, or detention centers, designed to instill patriotism and erase their religious and ethnic identities. This included many of those ordered to return to China from studying or working abroad. International media reported security officials in the centers abused, tortured, and killed some detainees.”
“Outside the internment camps, the government implemented severe restrictions on expressions of minorities’ culture, language, and religious identity, including regulations prohibiting behaviors the government considered signs of ‘extremism’ such as growing ‘abnormal’ beards, wearing of veils in public places, and suddenly stopping smoking and drinking alcohol, among other behaviors. The regulations banned the use of some Islamic names when naming children and set punishments for the teaching of religion to children. Authorities conducted ‘household surveys’ and ‘home stays’ in which officials or volunteers forcibly lived in Uighurs’ homes and monitored families for signs of ‘extremism.’”
“Authorities searched cell phones at checkpoints and during random inspections of Uighur households, and persons in possession of alleged terrorist material, including pictures of general religious or cultural importance, could be arrested and charged with crimes.”
The Chinese regime is also unique in another respect from a human rights perspective, which is particularly relevant during this year of the coronavirus pandemic. The Chinese Communist regime deliberately withheld key information about the coronavirus, which originated in China, when it first became aware that the virus was highly contagious through human-to-human transmission. Chinese authorities cracked down on whistle blowers such as Dr Li Wenliang who wanted to warn the public about the emerging coronavirus threat before it could spread completely out of control. Authorities censored any negative stories in the media or on the Internet about how the Chinese government was handling the coronavirus outbreak. The World Health Organization accepted at face value the inaccurate information it received from China during the early weeks of the outbreak, when the virus’s spread could have been much more easily contained.
The Chinese Communist regime was in a position to come clean about the virulent virus that was first detected in Wuhan, China in late 2019, before the virus escaped China’s borders and set off a global pandemic. Chinese authorities decided not to do so. Instead, the Chinese regime put its own image first, willing to sacrifice the basic human right to life and well-being of people all over the world. Over a million people have since died from the coronavirus to date. Many of these peoples’ lives might well have been saved if Chinese authorities had been more forthright at the outset. The regime’s abysmal behavior in this regard falls far short of the supposed standard for membership on the UN Human Rights Council – to “uphold the highest standards in the promotion and protection of human rights.” Yet China was rewarded with a seat on the Human Rights Council anyway – a perfect example of the hypocrisy rampant at the United Nations
QUESTION: Marty, you mentioned several times now, that the ECB MUST convert to a digital Euro. I have done speeches about that based on a paper from the IMF (Christine Lagarde) last year, in which they too discuss how to do it. But I have a serious question regarding timing.
I live in Germany and I would say that WE (the country) are not ready for such a move yet. Let alone many people. I have people in my family who still don’t have smartphones (just plain mobile).
I am completely with you that this move is coming (I am also part of a crypto community but as a critical member (I am the party spoiler there)).
But how can they move to a digital Euro to prevent bank runs, when I can’t see the infrastructure in place to do so.
Especially in such a short amount of time rg. the date you mentioned. They can eliminate cash withdrawals, yes, but paying with my smartphone reguires technology .. ?
Thanks a lot,
A
ANSWER: We are talking about bureaucrats. They only think in concepts much like Klaus Schwab’s Great Reset. The practical application of what they are doing is not there. They lack even the infrastructure, as in California, to force all cars to be electric. They do not have the power grid to support that.
I was in meetings where they actually told me with a straight face that they had to take trading the Euro away from Britain. I asked if they were going to take it away from the USA, Japan, Hong Kong, Singapore, etc? They looked at me puzzled, and said no! Just Britain. I asked if they really wanted to control the Euro just convert it into the old Soviet Union ruble. No free market at all.
Then there was all the rage that in London the big banks all threatened that they would move their trading to Frankfurt if BREXIT took place. But again, neither Frankfurt nor Paris has the telecommunication capacity of London. They could not possibly set up shop in Europe. There is no infrastructure to match London.
The problem that is the hidden crisis is that they have DESTROYED their own bond market. The ECB cannot even allow its balance sheet to shrink as debt matures. The Federal Reserve was not rolling over the debt they bought back in the 2007-2009 crisis. As it matured, they cashed it in.
The ECB is trapped. It cannot shrink its balance sheet for there is no market for the debt. They have finally agreed to fund this Coronavirus destruction they organized by creating combined Euro Debt for the first time. That is because nation-states cannot raise the capital.
They lack the infrastructure on every front. That does not mean they will not try. They have run out of opinions. They are desperately trying to revive their debt market, but they have wiped it out with negative interest rates since 2014.
This is what I keep warning about. INFLATION has nothing to do with the money supply any longer. Those are an old idea from the time of Gresham’s Law in advising Queen Elizabeth not to debase the currency as her father did.
We must understand that the exchange value between the various currencies back then was the metal content. Therefore, inflation was a factor of the exchange rate rather than the money supply. The more the coinage was debased, the more people hoarded the old currency. Hence, Gresham’s Law became that bad money drives out good. As this process takes place, the money supply DECLINES because of hoarding. This forces the state to debase even more to create money to pay its expenses. Roosevelt confiscated gold in 1934 for the same reason – people were hoarding gold. The German hyperinflation was the result of the 1918 Communist Revolution which scared people and they converted their money to foreign currencies and hoarded precious metals. The greater the hoarding, the more the money supply shrank, which in turn forced the government to print more.
We find hoards of Roman coins during the 3rd century in particular after Valerian I (253-260AD) was captured by the Persians. That broke the confidence of the Roman people and other barbarian tribes in the north saw the weakness and began to invade.
The coinage collapsed in metal content in just 8,6 years. We find hoards of even the debased coinage because people lost confidence in the government. We see the very same patterns in human behavior over and over again.
This is a hoard of Arab gold dinars. We see always the same pattern of hoarding when there is a decline in the confidence of the government in power at that time.
The ECB can cut rates to try to stimulate and that failed. People are hoarding cash in Europe and that creates deflation. There is NO AMOUNT of money that can be created to offset the DEFLATION when people lack any confidence in the future. Then they are imposing this “New Norm” of lockdowns and destroying jobs and they actually expect to sell debt and keep interest rates at negative and somehow this will stimulate the economy they have worked so hard at destroying? The increase in the money supply of all these central banks is still less than 20% of the economic contraction globally.
QUESTION: Hi, Mr. Armstrong I noticed that the national news agency in my country had an article about a local digital currency in Maricá, Brazil. It is called Mumbuca. What I read about Mumbuca sounds good and all that, but I am curious if the news is just conditioning people to a new age of digital currency. Do you have any comments about Mumbuca? Thank you for your time and what you stand for. Best Regards AA
ANSWER: It is important to highlight that Mumbuca is a local digital currency whose name is a reference to the main river and to one of the native peoples of the city. A unit of Mumbuca is equivalent to R$ 1.00 (US$ 0.19). What is interesting is that this is a local city currency much like the Depression Scrip of the 1930s. This is really an experiment of guaranteed basic income. Increasingly, customers in the city don’t pay with cash but with this digital currency. They receive it as part of the town’s basic income program. They pay with a quick scan of a QR code, using their phones. So far, just over 42,000 inhabitants can pay local merchants with Mumbuca.
This is Brazil’s first big experiment with digital currency. Those without smartphones can pay using a card, which has a scannable barcode. They are way ahead of the game and, actually, it is being followed closely internationally.
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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
October 13, 2020 was “a black day for human rights,” said Hillel Neuer, executive director of UN Watch, the Geneva-based non-governmental human rights organization. Mr. Neuer was lamenting the fact that the United Nations General Assembly was preparing to vote to elect some of the world’s worst serial human rights abusing regimes to membership on the UN Human Rights Council. The regimes elected included China, Russia and Cuba. A Joint NGO Report issued by UN Watch, Human Rights Foundation and the Raoul Wallenberg Centre for Human Rights on October 5, 2020 branded these regimes “unqualified.” The Joint NGO Report reached its conclusion based on the criteria that the UN General Assembly itself set, which required that “members elected to the Council shall uphold the highest standards in the promotion and protection of human rights.”
Centinel2012 