QUESTION #1: Now that Canadian banks have proven themselves completely compromised by Trudeau and his bootlickers, is there a “safer” haven for $CAD? US$ accounts held by Canadian banks are available but are they really any better?
D
QUESTION #2: Dear Mr. Armstrong, Thanks to your Blog I learned a long time ago that Europeans should get their money out of Europe while they still can (into USA). I did that, but now the Wells Fargo bank asked me to close the account. Apparently because since Biden’s new government came to power a new Federal law requires now all banks (including in Florida) to get proof of a residence in the USA. I can not even enter the USA anymore because I’m not vaccinated. Could you please help? What can we do now? Thank you.
FV
ANSWER: I believe a European/Non-American can open an investment account such as a money market in the United States. I know that Merrill’s money market is done through a specific group at Merrill that only works with international clients. They then report back to your home country where you have an account. The hunt for money is really global now.
The US is already starting to cooperate with Europe given the capital flows to the US in the wake of the stupidity over Ukraine. As long as the West continues to fill the pockets of Zelensky, who is now believed to have $850 million stashed offshore, then there is no resolution. Zelensky has no incentive to negotiate an end to this as long as arms and money pour into Ukraine. Let Donbas go with Crimea, which is Russian anyhow, and stop pushing for World War III. The West simply wants war with Russia, or they would not be sending arms to Ukraine and pushing Zelensky to settle.
For now, the capital flows are pointing to the dollar as the safe haven given the prospects of war in Europe. This trend appears to be in motion into 2024. Thereafter, we have the risk of a global war on a grand scale.
Posted originally on the conservative tree house on April 28, 2022 | sundance
In his opening monologue tonight, Fox News host Tucker Carlson outlined the latest Dept of Homeland Security agency, the “Disinformation Governance Board,” and the head of the social media control agency, Nina Jankowicz. WATCH:
BACKGROUND – Previously the Cybersecurity and Infrastructure Security Agency (CISA) announced a new Dept of Homeland Security priority to combat disinformation {LINK} on technology platforms including social media.
Many eyebrows were raised as the announcement appeared to be an open admission that the U.S. government was going to control information by applying labels… that would align with allies in social media…. who need a legal justification for censorship and content removal.
This CISA announcement was quickly followed by various government officials and agencies saying it was critical to combat Russian disinformation, as the events in Ukraine unfolded. In essence, Ukraine was the justification for search engines like Google, DuckDuckGo, and social media platforms like Twitter, Facebook, Instagram and YouTube to begin targeting information and content that did not align with the official U.S. government narrative.
Previously those same methods were deployed by the U.S. government, specifically the CDC and FDA, toward COVID-19 and the vaccination program. All of this background aligns with the previous visibility of a public-private partnership between the bureaucracy of government, the U.S. intelligence agencies and U.S. social media. That partnership now forms the very cornerstone of the DHS/CISA effort to control what information exists in the public space. It is highly important that people understand what is happening.
In July of 2021 the first admission of the official agenda behind the public-private partnership was made public {Reuters Article}.
What we are seeing now is an extension of the government control mechanisms, combined with a severe reaction by all stakeholders to the latest development in the Twitter takeover.
For two years the control mechanisms around information have been cemented by govt and Big Tech. Even the deployment of the linguistics around disinformation, misinformation and malinformation is all part of that collective effort. The collaboration between the government and Big Tech is not a matter for debate, it is all easily referenced by their own admissions. The current issue is how they are deploying the information controls.
We have COVID-19, the vaccination effort and now Ukraine as examples of the collaboration to control information, to control what people are permitted to question and discuss on the internet. Now things are getting much more detailed, and more alarming.
Shortly after Elon Musk made a bid to purchase a single information platform, Twitter, and then expressed his intent to open the speech valves, former Obama administration intelligence officials wrote a letter {SEE HERE} warning about efforts to break up the information control by Big Tech and Social Media.
That letter was shortly followed by a speech delivered by Obama himself where he specifically demanded that government take a larger role in the control of information {LINK}, essentially promoting an Orwellian ‘Ministry of Truth’ to control information in the public sphere.
The internet search engine operators have already agreed to align with the interests of the government. That’s not debatable as in the examples of Google {LINK) and DuckDuckGo {LINK} to name just two. Social media platforms like Facebook, Twitter, Instagram and YouTube have famously also expressed their intent to align with the control of information, based on the instructions and edicts of the same U.S. government agencies. Again, this is not a conspiratorial claim, it is self admitted and we have all witnessed it.
Today, however, we are seeing the architecture of how they plan to organize the tools.
(POLITICO) – “DHS is standing up a new Disinformation Governance Board to coordinate countering misinformation related to homeland security, focused specifically on irregular migration and Russia. Nina Jankowicz will head the board as executive director. She previously was a disinformation fellow at the Wilson Center, advised the Ukrainian Foreign Ministry as part of the Fulbright Public Policy Fellowship and oversaw Russia and Belarus programs at the National Democratic Institute.” (link)
You can read more about Nina Jankowicz and her ideological alignment with the control mechanisms here and here. The bigger picture issue is that DHS will now work around any independence of social media, vis-a-vis Twitter as a free speech platform, by defining the parameters of allowed conversation. A bureaucratic board within DHS will now serve as the group who defines what can and cannot be discussed.
Here’s Ms. Jankowicz in September of 2020. The head of the DHS governance board, Nina Jankowicz, claiming that color revolutions are an appropriate response to rigged elections, but they will never rise in the U.S. WATCH:
It doesn’t take a deep thinker to see exactly where this is going. Various U.S. government agencies will now define their interests. The definitions will then be transmitted to the officers within big tech and social media, and any entity who dares to challenge that govt definition or govt narrative will be targeted for content removal.
Permitted speech will be defined by government agencies, and the mechanisms for controlling, targeting or removing speech that challenges that narrative will now lead to content removal. The shift here, the part that must be emphasized, is the official justification in the terms and conditions of the social media platform operators will come from U.S. government agencies, not the platform itself.
Against this backdrop it is not a surprise why Elon Musk’s entry into the information space is now considered a risk.
…”The 2016 U.S. presidential election and the Brexit vote that same year gave Silicon Valley executives, U.S. elected officials and the public a peek into what can go wrong when social media companies opt not to wade too deeply into what people say on their sites.”… (link)
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On the positive side, CTH 2.0 was built with precisely this big tech censorship and targeting prediction at the forefront of our assembly.
The proprietary tech and networks we put into place, and the layers within it, are designed to make this website antifragile. This includes the optimized features that crossover to mobile devices. Over 94% of CTH traffic does not come from or through any internet search engine.
CTH was built to be a lighthouse, a fortified bunker visible to the outside and yet not fragile to any threat from systems under the control of big tech or any corporate entity. Many websites are constructed and assembled for maximum reach. As a result the architecture is built with a different set of priorities. That’s not us.
This is our labor of love, always has been. The truth has no agenda.
CTH is fortified so the beacon can always broadcast. It doesn’t make us flashy, fancy or filled with technology that many may prefer. The structure is counterintuitive to almost every tech engineer. However, it provides security and guaranteed impenetrable user privacy for you and all our ragtag misfit friends in the Rebel Alliance.
In essence, with the ten years of experience that preceded CTH 2.0, we built it for the battle we always knew would loom….
Posted originally on the The Rubin Report on Published April 28 2022
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Dave Rubin of “The Rubin Report” talks to Fox News’ Tucker Carlson about how liberals abandoned liberalism, the importance of freedom of speech, why both political parties stop caring about the shrinking middle class and more in this special “best of” episode. Tucker explains his continued confusion in defending the values of classical liberalism from attacks from modern day liberals and talks about the need for a sane and reasonable Democratic Party. He also shares his thoughts on why the ACLU seemingly reversed its position on free speech and how the mainstream media is losing the fight with citizen journalism and YouTubers.
WATCH all of the FULL Rubin Report interviews with TUCKER CARLSON featured in this compilation below!
Remember when the media actually did reporting? Or a world before hot takes on social media drove everyone into a frenzy before the facts came in? You don’t need to have taken a media literacy course in college to know that the coverage of most current events these days is lacking. Watch interviews with established media figures as well as rising independent media personalities to make sense of the constantly changing media landscape with this playlist: https://www.youtube.com/playlist?list=PLEbhOtC9klbAvD7li3RhdYMbPMLkNvvso
Looking for smart and honest conversations about current events, political news and the culture war? Want to increase your critical thinking by listening to different perspectives on a variety of topics? If so, then you’re in the right place because on The Rubin Report Dave Rubin engages the ideas of some of society’s most interesting thought leaders, authors, politicians and comedians. The Rubin Report is the largest talk show about free speech and big ideas on YouTube. Dave allows his guests to speak their minds and his audience to think for themselves. New videos every week.
Reports are circling that the Biden Administration has begged Germany to hold off on banning Russian oil until after the midterm elections. The Democrats are so desperate to win amid their record-low popularity that they are openly asking other nations to alter major policies at the expense of the people. Biden has banned Russian energy imports, but the EU, which is more reliant on Russian energy, must wait.
Banning Russian energy will backfire on Europe and send aftershocks throughout the market. German Foreign Minister Annalena Baerbock initially announced that Germany would cease purchases from Russia but quickly changed her stance. Finance Minister Christian Lindner said that Germany would support Ukraine but not at the expense of the German people. “It was a mistake that Germany became so heavily dependent on energy imports from Russia,” she admitted after avoiding warnings years ago.
Germany is the #1 importer of Russian energy, with 34% of its total petroleum coming from Russia. Nearly half of Germany’s coal is tied to Russia, and one-third of homes are heated with Russian imported oil. Germany purchased 27 billion tons of crude from Russia in 2021 alone.
Zelensky has cried that the EU is spending “blood money” on Russian energy without understanding there is no immediate alternative. Zelensky accused nations who purchase Russian oil of being guilty of genocide and war crimes. “If Russians are committing war crimes, even genocide, whoever is supplying Russia with this bloody money is guilty of the same war crime.” If he had his way, he would punish each nation accordingly.
Germany recently stated they will ban Russian oil by the end of the year, regardless of the repercussions, and will ban gas imports by next year. While it is unconfirmed whether Biden begged Scholz to hold off on additional sanctions, the prospect is highly likely. In the end, Biden, Scholz, and Zelensky are subservient to the Build Back Better agenda, and policies will be aimed at that socialistic goal rather than what is best for the people.
QUESTION: Marty; I just wanted to comment that I am amazed that Socrates forecast the ruble through this mess showing a directional change in April leaving the March low intact. The ruble turned with your ECM target of March 14. Congrats. Your accomplishment is worth a Noble Prize for it actually works. Nobody had correctly forecasted these events. It is not hard to see how the government tortured you and your family for your accomplishment.
Do you think Putin took your advice on backing the ruble with gold?
PN
REPLY: Thank you. People fail to understand that events like these are just beyond human capability to reason and rationalize what will unfold. Nobody has lived through such events before so there is no possibility to rely upon personal experience. There are analysts who hate me and see this as competition. There are some things that just go far beyond human forecasting. Just compare the two Monthly Arrays from December and now. March was showing as a knee-jerk reaction and then there was a Directional Change in April. I do not think anyone in December could have foreseen the events of war and how the world economy would have been destroyed by Biden and his unimaginable sanctions. Even SWIFT refused in 2014 to remove Russia when asked by Obama. So how could anyone foresee such events?
Every government central bank and intelligence entity tunes into Socrates. Yes, my recommendation to Russia I published on March 23rd was to back the currency with gold in a reverse manner of FDR restricting the gold convertibility to domestic use rather than international. I did not speak with the Russian central bank, but I’m sure they understood the implication of what I suggested. The Russian Central Bank announced on April 5th that the ruble would be backed by gold making one gram of gold equal to 5,000 rubles.
Those pulling the strings connected to the mouths of Western world leaders are simply braindead. One day after Russia halted natural gas supplies to Poland and Bulgaria due to “nonpayment in rubles“, Putin confirmed that he was willing to go ahead and shut down supplies to “unfriendly” nations. He has sent European natural gas prices soaring. It is clear that Europe’s united front is cracking. Already four European gas buyers have paid for supplies in rubles. Europe is DOOMED without Russia and they better wake up and stop following whatever dribble comes from Biden’s mouth for they are words he himself does not even comprehend.
The European Commission President Ursula von der Leyen was put in that position by Klaus Schwab and his World Economic Forum. Like Biden, she is selling war and the destruction of the world economy to achieve Schwab’s dream of his Great Reset to conquer the world with his vision of how it should operate.
Former Minister of Foreign Affairs of the Russian Federation Andrei Kozyrev served under Putin’s predecessor Boris Yeltsin in the 1990s. From his former position within the Russian Federation, Kozyrev believes Putin would only use nuclear weapons in “very specific situations.” Namely, if NATO became involved and Russia was backed into a corner from which there was no escape. “If Russia or one of those countries really threatened in their hearts – existentially, that is … if NATO troops come to Moscow, then probably they will resort to nuclear weapons,” Kozyrev told reporters.
Ukraine’s Zelensky has been touting that Russia is close to using chemical and nuclear weapons against Ukraine. “Not only me — all of the world, all of the countries have to be worried because it can be not real information, but it can be truth,” Zelensky said to CNN reporters, strategically in English. Zelensky stated that all nations should be concerned about Russia’s nuclear capabilities, but Putin is not that ignorant. The goal is to secure land that is believed to belong to the Russian people, not to create a nuclear world war. Putin believes he is winning the global battle financially by saying Russian sanctions have led to a “deterioration of the economy in the West.”
Similar to North Korea launching missile exercises to remind the world not to invade, Russia is touting its nuclear capabilities as a scare tactic to prevent the NATO alliance from decimating their country.
Once upon a time, I use to respect The Economist. I even took the back cover in July 1985 to announce that the Economic Confidence Model was beginning a new 51.6-year Cycle that was a Private Wave that would ultimately peak in 2032. I boldly announced the bottom in gold and the peak in the dollar taking the back cover every week in July 1985.
The Economist just released its cover article sadly demonstrating that the publication remains in the Dark Age of economics. They began:
“Central Banks are supposed to inspire confidence in the economy by keeping inflation low and stable. America’s Federal Reserve has suffered a hair-raising loss of control. In March consumer prices were 8.5% higher than a year earlier, the fastest annual rise since 1981. … It is the Fed, however, that had the tools to stop inflation and failed to use them in time.”
To say I am shocked at their reporting that is no better than a first-semester student in Economics 101. It reflects a complete lack of comprehension of how the economy even functions and adopts the politician view that they are NEVER responsible for inflation – it is always the central bank.
Clearly, they have not bothered to take notice that something major took place with the fall of Bretton Woods in 1971. Previously, the theory was if you borrowed, that was less inflationary rather than printing more money. Of course, that was a throwback to the days of Gresham’s Law when currencies traded in Amsterdam were based not on political-military power, but on the pure metal content. The debasement of the coinage by Henry VIII led to (1) the higher-based coinage being hoarded and (2) the decline in the value of English coinage trading in Amsterdam.
That theory became the Quantity of Money Theory which today is totally obsolete yet that is what we hear all the time when the Fed increased its balance sheet and therefore it should have been inflationary following 2008 but the Fed and other central banks could not create 2% inflation. That even led to some claiming MMT (Modern Monetary Theory) proves that the creation of money is NOT inflationary.
It was barely two months after we announced the beginning of a Private Wave in the Economist in July 1985 that in September 1985, the central banks were all called together and formed the G5 and then proclaimed that they wanted the dollar lower by 40%. This was James Baker’s brainchild that manipulating the dollar lower would reduce the US trade deficit and create jobs.
I was summoned to be among the global experts who solicit advice but never listen. It is always a dog & pony show so they can pretend they summoned the top experts in the world and then announce what they intended to do anyhow. Of course, it is always pretended to be based on independent advice. However, that is just not how Washington or any government functions. So I wrote to President Reagan and warned that devaluing the dollar to reverse the trade deficit would lead to a crash.
The present ordered Beryl Sprinkel who was the 14th Chariman of the Economic Advisers to the President (1985-1989) to respond. It had been the rise in interest rates to 14% under Paul Volcker to reduce inflation that led to the Deflation. Capital poured into the dollar for the high-interest rates which peaked precisely with the previous ECM wave in March 1981. Thereafter, the dollar soared driving the British pound down to $1.03 in 1985.
Clearly, the entire theory that the Economist is still clinging to currently is unsupported by the historical evidence. The raising of interest rates to stop inflation led to the explosion of the national debt thanks to the servicing costs. In 1980, the national debt stood at $907.7 billion. By 1989, the debt reached $2.857 trillion. The raising of interest rates created deflation near-term but expanded the inflation longer-term.
The Plaza Accord set in motion the 1987 Crash. They failed to understand that lowering the value of the dollar may have made US goods appear cheaper overseas to reduce the trade deficit, but at the same time, it also devalues all the US assets in the eyes of foreign investors. After selling more than one-third of the US national debt to the Japanese, the lowering of the dollar by 40% would mean a 40% loss on their holding of US debt.
As the dollar began a free-fall, the central banks began to realize this was a mistake. The Louvre Accord was an agreement, signed on February 22, 1987, in Paris, that aimed to stabilize the international currency markets and halt the continued decline of the US Dollar caused by the PlazaAccord. The agreement was signed by France, West Germany, Japan, Canada, the United States, and the United Kingdom. Italy declined to sign the agreement. The Group of 5 became the Group of 7 – G7 (now G20).
The G7 meeting of central bankers and finance ministers in Paris announced that the dollar was now “consistent with economic fundamentals.” They announced that they would only intervene when required to ensure foreign exchange stability. The objective was then to manage the floating currency system.
Democrats gained control of Congress in 1986 and immediately called for protectionist measures. The dollar depreciation agreed to in 1985 at the Plaza Accord, failed to really improve the trade perspective. In 1986, the trade deficit actually rose to approximately $166 billion with exports at about $370 billion and imports at about $520 billion. The object of manipulating currency to try to create jobs and alter trade flows proved to be completely false.
My concerns warning the White House that volatility would increase made back in 1985 were materializing. What they did not understand was that lowering the dollar in value also led to a shift in capital flows and the selling of US assets. Foreigners were suffering losses by financing U.S. trade by purchasing United States Treasury bonds in an attempt to ease the trade deficit criticism. We were advising the Japanese to buy gold on the New York COMEX, export it, and then resell which would also make it appear that the US exports were increasing. However, the lower dollar was then resulting in the importation of inflation into their own nations.
The press back then never understood the crash. I was called in by the Brady Commission charged with investigating the causes of the Crash. Of course, they would not blame the government. The best I could do was to prevent a witch-hunt on Wall Street and the final report casually mentioned that they believed foreign exchange had something to do with it.
There is probably nobody else who has dealt with more central banks than me from China to Switzerland and into the Middle East. To read this cover story by the Economist was indeed shocking. They are obviously still under the impression that inflation is the result of the rise and fall of the money supply that dates back to the days of Henry VIII. I dare say, things have changed slightly.
Today, governments have borrowed relentlessly. But the debt is acceptable now as collateral so national debts are simply money that pays interest. That is completely out of the scope of the central bank so it DOES NOT have the tools to prevent or create inflation. The politicians always want to spend whatever it takes to win the next election and then blame the central bank if it resulted in inflation. It is a sad day that the Economist is so out of touch its rambling and that of someone serious out of touch with reality.
Posted originally on the conservative tree house on April 26, 2022
Fox News’ Tucker Carlson previewed a discussion with Glenn Greenwald that will appear in full tomorrow on Fox Nation. In this segment {Direct Rumble Link Here} Greenwald gives his perspective on the motives of Elon Musk purchasing Twitter.
Greenwald does a good job encapsulating the essential support most feel for the Musk effort. There are many people still uncertain about how this will all roll out, and Musk has been favorable to Big Govt in his two most famous endeavors, Tesla and SpaceX. Elon Musk’s phase of pushing back against speech and internet control is more recent, and as a result has left many people wondering about it.
As Greenwald notes, there really isn’t a downside for people who are trying to break the totalitarian and monopoly control systems on the internet. The upside benefits to on-line freedom, debate, discussion and the first real effort to stop internet censorship are well worth supporting. Greenwald eloquently puts an appropriate context to the battle. WATCH:
Posted originally on the conservative tree house on April 26, 2022 | Sundance
Perhaps no media paragraph more perfectly encapsulates the issues around the Twitter debate than this one from New York Times writer Shira Ovide:
…”The 2016 U.S. presidential election and the Brexit vote that same year gave Silicon Valley executives, U.S. elected officials and the public a peek into what can go wrong when social media companies opt not to wade too deeply into what people say on their sites.”… (link)
In essence, that would be the quiet part said out loud and matter-of-factly. If people are allowed freedom of communication, they end up doing things without our approval.
That paragraph perfectly encapsulates the reason why so many media and leftists are having mental breakdowns.
Elon Musk has the audacity to purchase one, just one, social media platform with the intent to allow Americans the freedom to speak to each other freely, without limit and control. That is the expressed risk the Democrats, media and leftists in every institution are enraged about.
As Fox News highlighted, “several Twitter employees expressed serious concerns and fear over Musk’s $44 billion acquisition of the company including a prominent worry that Musk would undo censorship mechanisms they had worked to implement over the years.” It’s all about control. We are living in a cyber version of Poland circa early 1980’s.
The solidarity movement results in millions of Polish citizens taking to the streets, looking around and suddenly realizing there are more of us than them. That is what the collective left is now desperate to avoid, and they will do anything to stop people from seeing the scope of the control effort they have deployed in order to carry out their agenda. Those are the stakes at play.
During yesterday’s phone call between Twitter executives and employees at the company, the leaders within the company talked about the issues at hand. A leaked copy a short segment of the discussion was made available by Project Veritas today. WATCH:
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All of this collective apoplexy and anxiety is a reflection of fear. The need for control is a reaction to deep internal fear.
Notice they keep using the words “safety”, as if being exposed to alternate perspectives is something that threatens safety.
Elon Musk is correct, “the extreme antibody reaction from those who fear free speech says it all.”
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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
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