Archive for May, 2017

Happy Memorial Day!



With global economies contracting under the weight of govt over-spending, corruption, and mismanagement, the age-old distractive tactic of war is once again looming.

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Stocks – Get out while you still can?

I was forwarded an article from David Stockman the other day with the tag line “Get out while you still can!”.  In light of last weeks two-day sell-off, Mr. Stockman would appear to be quite the forecaster, except for the fact he has been telling his readers to get out of stocks and the dollar for years. Don’t get me wrong, I like Mr. Stockman’s experienced insights and warnings about the Deep State and the financial chaos that’s coming due to our govt’s insatiable dependence on debt and political donations to maintain their jobs, perks, and power. However, like other smart people that keep calling for the dollar and stocks to collapse (i.e. Jim Rickards, John Robino, Jim Sinclair, James Turk, Paul Craig Roberts, etc.), Stockman has been dead wrong on the response of global capital. For example, it has been the euro that has been stair-stepping downward since 08′, not the dollar. Stockman and company are easy to believe because their concern for this country seems sincere. However, their forecast results indicate they are either talking their books or they suffer the common flaw of not thinking globally.

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Macron Victory Means the EU Will Land Hard

Macron’s victory in the French election ensures there will be no pressure to reform, which means the landing for the EU will be harsh in the years ahead. The establishment in France, Europe and elsewhere are breathing a sigh of relief tonight, as they will interpret the win as proof that reform is not necessary. The mainstream media will no doubt paint a picture that the EU has been saved, failing to admit that is has been the unelected bureaucrats in Brussels that put the European banks and economy on life support.

To understand how bad the problem is in the EU, imagine if our members of the House and Senate never had to face a voter. The unaccountability of the EU has produced rules and costs that are killing the economy and culture of EU countries, which is why the Brits voted to get out. France should have done the same.

Drastic reforms are needed in Europe to cushion the blow from the sovereign debt crisis that will be engulfing the EU when interest rates and the US dollar rise. Add in the lack of immigration reform which has increased the number of rapes and terrorist events, and you have a recipe for civil unrest, which does not provide the environment to attract capital.

There’s More Oil in The Golan Heights than in Saudi Arabia

Since the mainstream media works extremely hard to keep important facts from you, and feed you only with propaganda, it would be easy to miss this important story, which is one of the driving forces behind the CIA-initiated war in Syria. The other driving force that we’ve written about extensively is the desire by the US to replace Russian supplied gas to Europe with gas from Saudi Arabia and Qatar, which just happens to be where the US’s biggest military bases are located in the middle East.

We also know that the conflicts in the Middle East have been fought over oil since it was first discovered in Saudi Arabia in the late 1930’s. So, how many innocent lives do you think will be sacrificed over the Golan Heights discover, which is 10 times bigger than the Saudi find?

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Why You Should Care About the French Election

As we have been documenting for years, the establishment is failing its citizens around the world. In their selfish attempt to save themselves, govt’s are destroying their economy and society by increasing taxes, confiscating assets, lying, and reducing freedoms to avoid reforming themselves. These ignorant, self-centered actions are causing the capital needed for growth to park on the sidelines or head underground.

What’s happening in France right now is the result of the same govt abuses that produced Brexit and Trump. Like the US elections, all of the establishment candidates lost in the first round of French elections last week. The run-off this Sunday will be between Marine Le Pen, who some call LeTrump because she captured anti-establishment sentiments like Trump; and Emmanuel Macron, who Pepe Escobar calls “the candidate of the EU, NATO, the financial markets, the Clinton-Obama machine, the French establishment, assorted business oligarchs and the top six French media group”. Like Clinton, Macron is promising to maintain the status quo, while Le Pen wants to turn it upside-down.

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