The Silver Bull Returns


Re-Posted from GrrrGraphics.com FEB 1, 2021 AT 9:56 AM

Blast From the Past- Cartoon first published 10 years ago -Sliver Bull Sees Red

I’ve been studying precious metals for several decades now. Silver in particular. I was particularly interested in the mines located throughout Idaho’s famed ‘Silver Valley.’ I even visited some of those mines.

Will the Reddit crowd who destroyed a hedge fund now go after JP Morgan’s stranglehold on the shiny white metal? That remains to be seen, but they may find that to be more of a daunting task. Still, physical silver buying has swamped many of the online sales outlets over the weekend. Young people are buying the precious white metal, but there is also talk that they’ll be buying some of the heavily-shorted silver miner stocks such as First Majestic (AG).

I once thought silver would do what Bitcoin has done. That is, go to 1,000 per ounce or more. Back in 2011 Tina and I drew this cartoon that showed the silver bull. Unfortunately it never happened. JP Morgan collusively drove the price down from $49 per ounce in April, 2011 all the say down to $13 just a couple of years later. Silver then stagnated for 10 years while the stock market skyrocketed.

Now silver is back. Or is this just another false hope that will enable JP Morgan and other dominant global banks to short it back down again while raking in huge profits? Is silver a planned distraction from the GME and AMC short troubles facing the hedge funds?

We’ll see. I hope the stackers win this time.

—Ben Garrison

Iran & World War III


Armstrong Economics Blog/War Re-Posted Feb 2, 2021 by Martin Armstrong

Thanks to provocative moves by Iran, President Biden is facing an increasingly uncertain situation when it comes to Iran, which has been America’s nemesis since the 1970s when they called the US the Great Satin. They have been pushing much of the Middle East’s instability for decades. The military in the last days of Trump dispatched B-52 bombers to the Persian Gulf in response to an alleged Iranian attack plan and reversed an order to bring home the USS Nimitz, the only US aircraft carrier in the region.

Iran has not only announced that it had resumed advanced uranium enrichment in violation of the 2015 nuclear deal, but they also seized a South Korean-flagged oil tanker and its crew. These actions coming just two weeks before President Biden’s inauguration seems to be playing out the reverse strategy of 1980. Back then, they held the American hostages captured from the embassy under Jimmy Carter and they suddenly released everyone when Ronald Reagan took office. This time it was Trump who was anti-war so the tensions rose now with Biden.

This time Iran has covert support of China and Russia and it may be simply a proxy to unleash war in the Middle East, which the US defense industry will certainly welcome after the four years of austerity under Trump.

In Search of a Superhero


Armstrong Economics Blog/Opinion Re-Posted Feb 2, 2021 by Martin Armstrong

QUESTION: Mr. Armstrongh; I watched the Forecaster here on Television in Norway. I watched it again flying to the United States on the plane. You are the only person who has the experience of politics and has faced the club head-on. Why won’t you run for president in a new third party?

OG

ANSWER: I greatly appreciate your comments. But I have no desire to step into that arena. It takes so much energy. I have seen it first hand. I am far better off behind the curtain, and even that is hard now because people want to snoop behind the curtain as well.

I never enjoyed even managing employees, no less trying to tame Washington. I tried to help and could not penetrate the corruption (swamp). We need to find someone younger who has the energy. I will be glad to whisper in their ear. But my time has passed for that. It was never my ambition. We are going to need a young superhero — that’s just not me.

I am 70 and I am too tired to do something like that. I can’t imagine Biden doing this at 78. Ronald Reagan had the courage and the stamina. He was a great man.

They say history produces our leader of savior when we need it the most. Sometimes it has given us people like Lenin, Hitler, and others who had a dream constructed on hatred of their opposition. Let us pray our next superhero will not be a madman.

Are We in the Middle of Absolute Tyranny?


Armstrong Economics Blog/Tyranny Re-Posted Feb 2, 2021 by Martin Armstrong

COMMENT: Martin and team:
With Trudeau fully on board with the Great Reset, canceling the $CDN and going fully digital is just another step to fulfill his goal.  I must confess I don’t quite understand the full significance of this and I am not sure if this is going to be reported by the mainstream media here in Canada

Unfortunately, I am sorely disappointed with the reporting of the Canadian mainstream media’s coverage of the US election as they merely regurgitate the fake news in the US.  In my opinion, if you want better fake new propaganda there is CNN and if you want a better in-depth discussion of what is really going on then you have to go to Fox news in the US (CNN had tried to stop the cable companies from carrying Fox News).
I believe if Trudeau is allowed to stay in power in the upcoming spring election (he will call one and looks like he may have a good chance of getting re-elected) he will lead our country further down the path of destruction.  We will truly become the Venezuela of the great white north, blessed with an abundance of natural resources but getting poorer due to policies driven by political ideology.  Trudeau had only given token gesture with Biden’s cancellation of the pipeline.  I believe he is also destroying our parliamentary system by not allowing the opposition party to ask legitimate questions and have a meaningful debate in the house of commons ( that is why it has canceled the currency in secrecy).

Furthermore, as we are bombarded by COVID infection and death tolls every day, the mainstream media here in BC is pushing for a more severe lockdown citing Australia as the model for getting their citizen back to “normal” life. Many in the public are angry at those who do not fully comply and want the government to impose severe fines and jail time.  Of course, they also believe the vaccine will end the lockdown.    I wonder if they really know what it is like to live under a communist regime (as one of your readers had written about what is happening in Czechoslovakia).  I will try to write to talks show hosts in radio stations who will at least listen to different viewpoints without immediately being dismissed as spreading conspiracy lies.

I am sure many of your Canadian subscribers will be eagerly awaiting your report on Canada.  I also believe we are at a crossroads here.  If we do not speak up now we will be living for the rest of our lives like sheep.
Please keep up the good work and many thanks for the important messages you are writing in your blog.
CT

REPLY: The degree of manipulation of the public on such a grand scale calls into question whether these people are being outright bribed like those at LANCET. This is a very well organized global scheme. I find it astonishing that anyone who criticizes this agenda the mainstream press is calling a conspiracy theorist. Boris Johnson even admits this is “radical” reform. He was not elected to change the world economic system. Where do these people get off changing everything, while never bothering to tell people the extent of their real plans.

It reminds me of a prosecutor trying to discredit a witness against a banker. A prosecutor asks, When was the last time he beat his wife? He responds, “Never!” He calls his wife as a witness and she swears he never beat her. The prosecutor tells the jury she lied because she was afraid she would be beaten again. He is discredited as a witness with nothing more than words.

These people are deliberately trying to change the world. They could not scare the people with climate change so they used a virus and then perhaps bribed key politicians so they never would have to submit what they had in mind to a public vote. Is this outright tyranny? If it is not, then nothing is!

THE GOOD NEWS

They will still fail!

Jason Miller Discusses Next Week Impeachment Trial with David Asman


Posted originally on the conservative tree house on February 1, 2021 by Sundance

David Asman subs for Lou Dobbs and discusses next week’s impeachment trial with Jason Miller, Senior Advisor to President Trump.

DOJ Investigating Elon Musk For Not Hiring Foreign Applicant


Posted originally on the conservative tree house on February 1, 2021 by Sundance

For those of us familiar with the legal term “Disparate Impact” this report today will make sense.  However, if you don’t know that it is unlawful to hire an “ineligible” applicant, the DOJ action seems ridiculous, which it is.

[CTH Reference HERE and HERE]

Under legal interpretation rules of “Disparate Impact” it is unlawful not to hire illegal aliens. If a company uses eligible (legal) work authorization status as a requirement on employment applications (when making hiring decisions), and if the use of legal work eligibility is used as a qualifier, and the eligibility (qualification) standards disqualify a protected class (nationality, ethnicity) at a disparate rate, then it is unlawful not to hire illegal aliens.

Read the emboldened paragraph below carefully.

WASHINGTON DC – The U.S. Department of Justice is investigating SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices and said Elon Musk’s company is stonewalling a subpoena for information, court documents revealed Thursday.

The DOJ’s Immigrant and Employee Rights Section received a complaint of employment discrimination from a non-U.S. citizen claiming that the company discriminated against him based on his citizenship status.

“The charge alleges that on or about March 10, 2020, during the Charging Party’s interview for the position of Technology Strategy Associate, SpaceX made inquiries about his citizenship status and ultimately failed to hire him for the position because he is not a U.S. citizen or lawful permanent resident,” DOJ attorney Lisa Sandoval wrote in a court document filed Thursday. The document was a request for a judge to order SpaceX to comply with an administrative subpoena for documents related to how the company hires. (more)

This may or may not be a disparate impact case. Ultimately, that is what the DOJ is once again seeking to discover.

Unsurprisingly, Mitch McConnell Backs Liz Cheney


Posted originally on the conservative tree house on February 1, 2021 by Sundance

The DeceptiCon crew will always cover for each-other.  They won’t fight the leftist onslaught, but if patriotic and conservative Americans ever point out the duplicity of a Decepticon member…. THAT will bring out the GOPe defense.

For historic reference a person only needs to remember what the DeceptiCon crew did amid the rise of the Tea Party.  They hated the Tea Party, and they hate MAGA; it’s the Same/Same.

“Liz Cheney is a leader with deep convictions and the courage to act on them,” McConnell said. “She is an important leader in our party and in our nation. I am grateful for her service and look forward to continuing to work with her on the crucial issues facing our nation.”   (read more)

This isn’t hard.  75+ million Americans voted to support President Donald J Trump.  More people supported President Trump than any Republican in history…. Enough with this nonsense, is simply enough!  We The People are not the problem, they are.

Support those patriotic and high-information voters, or don’t.  The DeceptiCon crew doesn’t. It’s time for them to leave.  Done-is-Done.

Ted Cruz Accuses President Trump of Being Reckless and Irresponsible


Posted originally on the conservative tree house on February 1, 2021 by Sundance

The age old axiom: ‘Never Trust a Never Trumper‘ hits the mark once again.

Senator Ted Cruz:  “President Trump’s rhetoric, I think, went way too far over the line. I think it was both reckless and irresponsible because he said repeatedly—and he said over and over again—he won by a landslide; there was massive fraud; it was all stolen everywhere. That evidence, the campaign did not prove that in any court, and to make a determination about an election it has to be based on the evidence, and so simply saying the result you want, that’s not responsible and you’ve never heard me use language like that. What I’ve said is voter fraud is real, and we need to examine the evidence, and look at the actual facts; and in particular, what is the evidence of how much voter fraud occurred, and did it occur in sufficient quantities and in sufficient states to alter the outcome of the election. That would have been the mandate of the election commission; to assess.” (read more – with video)

Bush Era Republicans Vow to Leave the Party While Electorate Support President Trump


Posted originally on the conservative tree house on February 1, 2021 by Sundance

It should come as no surprise that Bush-era Republicans are frustrated with the middle class “America First” crowd that supports President Trump and the MAGA movement. The cocktail party GOPe have always looked down their noses at the base of supporters; now they report -via Reuters- that they will abandon the Republican party.

(Reuters) – Dozens of Republicans in former President George W. Bush’s administration are leaving the party, dismayed by a failure of many elected Republicans to disown Donald Trump after his false claims of election fraud sparked a deadly storming of the U.S. Capitol last month.

These officials, some who served in the highest echelons of the Bush administration, said they had hoped that a Trump defeat would lead party leaders to move on from the former president and denounce his baseless claims that the November presidential election was stolen.

But with most Republican lawmakers sticking to Trump, these officials say they no longer recognize the party they served. Some have ended their membership, others are letting it lapse while a few are newly registered as independents, according to a dozen former Bush officials who spoke with Reuters.  (read more)

Burmese Military Take Control Declaring One-Year Emergency and Voting Fraud


Posted originally on the conservative tree house on February 1, 2021 by Sundance

President Barack Obama and Secretary of State Hillary Rodham Clinton are photographed with Aung San Suu Kyi and her staff at her residence in Rangoon, Burma, Nov. 19, 2012. (Official White House Photo by Pete Souza)

The military in Burma have constitutional control over the system of government.  In a precarious move following the November elections, the Burmese military have now reportedly detained the government officials and stated the election was rigged.

JAKARTA, Indonesia – Burma’s military has taken control of the country under a one-year state of emergency and reports say State Counsellor Aung San Suu Kyi and other government leaders have been detained.

[…] In November elections, Suu Kyi’s party captured 396 out of 476 seats in the combined lower and upper houses of Parliament. The state Union Election Commission has confirmed that result.

But the military since shortly after the elections has claimed there were millions of irregularities in voter lists in 314 townships that could have let voters cast multiple ballots or commit other “voting malpractice.”  (read more)

The White House responded in defense of the government; which, given the ideology of the Previous Obama administration toward Aung San Suu Kyi, is not a surprise:

The United States is alarmed by reports that the Burmese military has taken steps to undermine the country’s democratic transition, including the arrest of State Counselor Aung San Suu Kyi and other civilian officials in Burma. President Biden has been briefed by National Security Advisor Jake Sullivan. We continue to affirm our strong support for Burma’s democratic institutions and, in coordination with our regional partners, urge the military and all other parties to adhere to democratic norms and the rule of law, and to release those detained today. The United States opposes any attempt to alter the outcome of recent elections or impede Myanmar’s democratic transition, and will take action against those responsible if these steps are not reversed. We are monitoring the situation closely and stand with the people of Burma, who have already endured so much in their quest for democracy and peace.  ~ White House