I highly suggest get as much cash USD in hand as you can ….and when the USD bonds begin to crash , which i think will be next year , after the rigged election ,after europe etc have crashed… make sure you have gold in hand… what i think will happen is the establishment will print massively USD one last time destroying all public confidence as they front run what ever is left (probably timed with next seasons engineered virus )….. and then it will be digital currency , total surveillance or revolution ..either way we are facing the end of this quantitive monetary ponzy and what ever will be the next . Govts and their militarized scum are coming
They are seeking to eliminate ANY means of circumventing their negative interest rate policy. They believe that the only reason their Quantitative Easing has failed is that people were hoarding cash and gold outside the banking system. Instead of looking at the problem with Keynesian Economics, they NEVER assume they are the problem – it is always the people.
People have been hoarding gold jewelry. Italy began to weigh the gold jewelry you were wearing when you left the country. I do not believe this will be successful. That is not the point. It is solely intended to force everyone into government digital currencies. Then they can just tax whatever they desire.
The excuse for this quarantine is that there will not be enough hospital beds for everyone. The answer is what the Chinese did, constructed emergency hospitals in days. You do NOT shut down the entire economy like this !!. People are losing jobs and small businesses will close forever. The damage is far greater than what they pretend to be preventing. Either they are sublimely STUPID, or there is another agenda here.
Europe was on the edge of collapse. They have had negative interest rates since 2014. The central bank could do NOTHING. There had to be political reform. They are actually doing what I thought would do, using sheer force. Europe is losing its freedoms and they will NEVER return.
Meanwhile, we have a major deleveraging process underway. Many Hedge Funds have traded with a fundamental view that defeats the very purpose of a hedge fund if it is based upon just opinion. As the Hedge Funds puke all over the street, the margins rise which have a tendency of not just deleveraging the system but forcing further liquidations. This is the stark reality we are facing this coming week further liquidations. Some funds may be forced to shut down based upon withdrawals by the end of the quarter.
There is no question we are looking at economic numbers that will reflect depression-like economic data because this is a contrived economic collapse which is totally unjustified. Jobless claims are going to skyrocket for people MUST be fired in order to collect unemployment. I recommend this to business's to help their employees. The economic damage inflicted on the economy is going to be massive. Any recovery will be hard to imagine if this lasts another two weeks.
This is an engineered CV crisis.
The entire thing has been insanely blown out of proportion to cover up the global currency/biod crisis.
There is a-lot more to this than what the masses are being brainwashed with .
The media keep pushing this disease into a panic claiming the numbers are fake and it is much worse, being used as Pawns for the ID2020. The real concern is that there are other coronaviruses which typically amount to 14% of flu-like diseases each year. This has contributed to false-positive claims of the Coronavirus. Even the American Dental Association has instructed dentists to shut down for 2 weeks. With less than 15,000 reported cases in the USA, given that the 2018 population was 327.2 million, we are talking about 0.00004% of the population. If the number of flu-caused deaths exceeds 7.7 percent of the total, then the United States officially has an epidemic on its hands.
@t
There is something much more sinister going on here and it has nothing to do with coronavirus. You do not shut down the world economy for such a minor incident. An epidemic would require more than 4 million deaths in the United States – not less than 200.
There is no question that the fundamentalists #1 Golden Rule has been when stocks crash, run to bonds. We are entering the collapse in public confidence and this is BEYOND the central banks despite the massive attempts to intervene. Keynesianism is DEAD!!!! We have entered uncharted territory which is the darkest fears of academics for they know nothing about such scenarios. The bond markets are offering no refuge this time for the flight to quality. The diversification strategies, real value investors, and correlation desks have all lost the most money during this crisis all because the #1 Golden Rule has crumbled and fallen to the ground in a pile of dust. The traditional 60% in shares and 40% in fixed income has collapsed. There has been a worldwide panic to dollars both among institutions as we see in the FX markets, but in the physical world of cash dollars have been vanishing as hoarding skyrockets. There have even been shortages of physical dollars in New York City. Paper dollars have been hard to find in Europe and in many places they are now selling for a premium.
The failure of the bonds to provide the alternative in a stock crash confirms that Keynesian Economics is dead and monetary policy has lost its stimulative power because of this insane negative interest rates. Real rates rise in times of a crisis as illustrated by the call money chart showing dramatic rises in rates pre-Federal Reserve and pre-Keynesian Economics. The central banks have been trying to PREVENT the rise in short-term rates taking place in the Repo Market since September 2019.
The central banks have been fighting a losing battle against the normal forces of how capital moves during a crisis. During a crisis as this, interest rates rise with the perception of a rise in credit risk. The central banks have been trying to create a bear market in interest rates in the middle of a bull market where rates would instinctively rise
All of those clinging to the Quantity Theory of Money from politicians, analysts and central bankers, you have to wonder how many times must they all be wrong in assuming an increase in the supply of money must be inflationary. That theory has proven to be suitable for a bedtime story for children. Academics, who has fostered this theory, lack any trading experience. Sorry – all things DO NOT REMAIN EQUAL!
This has not been a market crash sparked by the black swan event using a novel virus that central bankers cannot defend against, this has been an orchestrated overreaction with ulterior motives. There is NO amount of money that can be poured into the economy to reverse the trend as long as people's confidence in the future has been destroyed by the media. This is no different from how the media created the Spanish American War accusing the Spanish of attacking an American ship that never happened. They name the prize for good journalism after the father of fake news.
This is the destruction of capital formation. The entire Quantity Theory of Money is bogus and has never held up if you simply investigate the history. The old theories of debasing money which led to the start of that theory was during an era when coins were precious metal and they exchanged in value among nations on their metal content. That was the Latin Monetary Union. The same amount of metal established the foreign exchange rate among nations. However, as debasement took place and wars suspended the precious metal standards, money revealed its hidden nature – political power.
The true nation of money was always international confidence in the government. India would imitate the gold coins of Rome because people trusted the Roman coinage. Gold carried a premium over its metal content based upon political power. The ancient coinage demonstrated that money was NOT the pure intrinsic value of the metal, but the confidence in the political state issuing that coinage.
We find the very same trend 600 years earlier when Athens was the financial capital of the world. Silver was imitated in the form of Athenian Owls, which was the first worldwide currency to appear. Athenian Owls were imitated in Europe to Africa. Once again, these were not counterfeits but imitations. The metal content was some time of an even higher grade. This confirmed that the premium of currency was created by the political stature of the issuer.
This is what we are witnessing right now – the Panic to the Dollar. You must understand that this is a long historical documented reaction. The rush to dollars right now is as old as recorded history. The currency of the dominant financial capital of the world will always trade at a premium in times of crisis.
The massive liquidation going on among hedge funds who have never understood the Quantity Theory of Money is taking us into the end game where there is no shelter in bonds, but only cash. The statement of Ray Dalio that "cash is trash" illustrated the arrogance of that philosophy constructed on the false Quantity Theory of Money. The typical flight to quality running to government bonds has failed and the rush is simply to cash.
If you look at the markets and not the headlines, as the U.S. stocks collapsed in panic on Wednesday by 5%, turn to the TLT $17 billion exchange-traded fund that tracked long-dated Treasuries. That very day saw its second-worst day ever in the middle of a panic. That was NOT supposed to happen, according to the Quantity Theory of Money believers. If we simply trade by the numbers and not dogma, we saw both equities and bonds plummet. Those who have been focused on cross-asset correlations, none of this was supposed to be even possible. Equities plunged alongside and government bonds. We entered the new reality where Keynesian Economics has collapsed and there is nothing to replace it.
The staggering losses that will come out this quarter because of the fund managers who have all been based on the Quantity Theory of Money warns that we may yet face the shocking revelation of just how much capital was destroyed. Even those who relied upon a risk-parity index that was supposed to create a diversified systematic strategy as it allocated money based on volatility levels has been blown out of the water. I DON'T believe in diversification models !. Why invest in something I expect to lose money in as insurance when I can do the proper analysis and determine where to invest.
While the European Central Bank tried to claim that it had NOT run out of ammo announcing an emergency bond-buying program worth €750 billion euros, all this does is keep the government on life-support. The greatest risk at this time is to dump money into government debt. Even gold has not proven to be a better option in the long term as hedge funds have lost so much money in other areas, they have been forced to liquidate gold simply to raise cash.
This Keynesian Model of lowering interest rates has completely failed and it has acted counter-trend to how the capital functions in a panic – the top priority becomes credit risk. The closer the yield of fixed moves toward zero, the more negatively skewed bonds become. Bonds have simply become a tremendous risk for they are becoming not a place to hide, but a place to obtain a guaranteed loss. The risk of negative-yielding debt is that their prices will collapse 20%-60% as capital in the free market looks at credit risk and what level of return is necessary to prevent hoarding of cash.
I detest Govts and all these wall street, city of london Brussels EU banksters and crime syndicates !!. With this global currency/bond crisis I am protecting myself and yes those like me will do well, because we understand what is going on. Govts don't want a truly educated population and they sure as hell are not going to ever come out and tell the truth , for there guaranteed will be revolutions with politicians bankers hanging from light poles. , BUT these are the facts of what is happening.
If you can exchange your savage for USD i would highly recommend you look into it.
I highly suggest get as much cash USD in hand as you can ….and when the USD bonds cash , which i think will be next year , after europe etc have crashed… make sure you have gold in hand… hat i think will happen is the establishment will print massively use one last time destroyed all public confidence as they front run what ever is left ….. and then it will be digital currency , total surveillance or revolution ..either way we are facing the end of this quantitive monetary ponzy and what ever will be the next . Govts and their militarized scum are coming
Yes, it is, Paper price is and will diverge massively though . What you hold is what you will have. Being paid out in digs dollars wont translate when it counts, thats only to try and stop panic . Cash in USD and Gold coins are best as they are recognized . But when the US bond short term rates begin to rise, then it will be too late to exit USD . I wouldn't hold USD past jan next year
I think so (Trump will still be next president. ) too. My concerns are marshal law .( IMHO , I think this a "sort of " dry run for next seasons fully blown virus that will be used for the currency/bond crisis . I am just voicing my thoughts and concerns and I think all of us appreciate feedback , as i sure do. I look at the daily Feds Repo actions !! Jezz!!! Why is Trump not even mentoning it !? (and yes i am a constitutionalist . I dont like either party ) , however , this is the first time that i am truly preparing big time to get the hell away from what i see coming at us very fast. Its evident to me that hedge funds etc are liquidating what ever they can to try and cover margins !! Gold silver of course !! I think RE will take a massive hit . It has to ! as small business's go under . And banks are not passing in low rates . I am looking at buying property (productive property in southern Italy) 1. because I like the culture, food etc and I like the fact I can relax far away from Cities . Its also close to Ukraine where I like the beautiful women. I also think that with the Euro crashing down past parity , that export businesss if set up right in say Lietebstein will be a good business with currency differentials. I have moved out of California , sold the house six months ago and at present am in North Carolina . I think its one of the best places , cheap productive land, lots of water, and big money is buying ,building bolt holes here…. I am in USD cash and Gold , silver … My thoughts are which areas i like to live a good life , what cultures i like and what areas i think have upside. I truly do not see America as having an upside (sure some States) , but i see secession coming and civil war . Good as the entire west coast is commo and loaded with insanity, bankruptcy, welfare breeders and growing violence. I think that places like Ukraine have upside, intelligent motivated people who hate socialism , It inly has upside so is undervalued , Sure you mat have to use "natural law" , but its far more productive and honest than this BS corrupt system where the justice system is totally broken…I also cannot take the feminist freaks here or these emasculated turds ….
Europe has directed bullion dealers not to sell to individuals. You will probably see next week a proposal floated that asks Europeans to turn in their gold and convert it to digital under the claim this is patriotic. There are growing fears in Europe that they will cancel the paper currency and force everyone to go digital. This is why there have been runs on banks in the USA for cash dollars in New York, not for fear that the bank will fail, but a panic to get out of Euros.
There is a rumor that is spreading that Europe will confiscate gold as Roosevelt did, but not to back the currency with gold, but to force all wealth into a digital currency. This would be a game-changer in Europe. I do not see this unfolding outside of the Eurozone. Keep in mind that Europeans are very familiar with canceling currencies. It is ONLY the paper currency which is canceled – not the Euro itself. That is routine in Europe to force people who have the cash to declare it and pay taxes or lose everything. They cannot cancel US dollars, but they have been imposing stricter regulations on gold for the past two years. As I have said, never let a good crisis go to waste. I believe you may start to see this idea floated in the press next week. It will probably be voluntary at first. I do not believe they will outlaw it on the first go. Longer-term, it just becomes very difficult. The Swiss began numbered accounts because Hitler outlawed having any account in a foreign country. The Swiss now ask the EU how high should they jump. They are no longer the safe haven they once were. So Swiss accounts will no longer be an option. The only option is the USA since it is not part of their reporting agreement.
Even New Zealand is part of the order where banks must report $10,000 in cash transactions. Australia has made it a criminal act to pay for anything in $10,000 in cash. The Common Reporting Standard (CRS) is an information standard for the automatic exchange of tax and financial information on a global level. It was put together by the Organisation for Economic Co-operation and Development (OECD) back in 2014. Its purpose was to hunt down tax evasion primarily for the European Union. They took the concept from the US Foreign Account Tax Compliance Act (FATCA), which imposed liabilities on foreign institutions if they did not report what Americans were doing outside the country.
The legal basis of the CRS is the Convention on Mutual Administrative Assistance in Tax Matters. As of 2016, 83 countries had signed an agreement to implement it. First reporting took place in September 2017. The CRS has many loopholes for countries have to sign the agreement. This has omitted the United States as well as most developing countries. Note that countries that are included are China, Singapore, Switzerland, most tax havens and of course Australian/New Zealand as well as Canada.
As of 2018, the signing nations to avoid are:
Albania, Andorra, Antigua and Barbuda, Aruba, Australia, Austria, The Bahamas, Bahrain, Belize, Brazil, Brunei Darussalam, Canada, Chile, China, Cook Islands, Costa Rica, Dominica, Ghana, Grenada, Hong Kong (China), Indonesia, Israel, Japan, Kuwait, Lebanon, Marshall Islands, Macao (China), Malaysia, Mauritius, Monaco, Nauru, New Zealand, Pakistan, Panama, Qatar, Russia, Saint Kitts and Nevis, Samoa, Saint Lucia, Saint Vincent and the Grenadines, Saudi Arabia, Singapore, Sint Maarten, Switzerland, Turkey, United Arab Emirates, Uruguay, Vanuatu
Thanks well we all have to imho try to help those of us who are awake and those learning about what is going on. There is going to be massive panic.Its all common sense. .I don't know if I am that same person . From where were you talking ??I recommend getting the hell out of the Euro , Aussie, NZD and converting to USD , Cash in hand . Don't worry about the gyrations in Gold Silver as hedge funds , banks etc are liquidating whatever they can to try and stay afloat, covering their carry trades, bank swaps, and leveraged off shore loans in USD. This has only just begun and its will accelerate as the USD rises . If you want to make more , rather than relaxing, with your USD and Gold at home , leverage short the Euro, Leverage long the USD (very simple trades ) and don't stress over those currency gyrations (as its only Govts and BIG institutions, CBs and the Fed in particular using the Repo to try and stem the trend and trying to calm the panic .The market is FAR too big for any of these institutions to keep using quantitive money Repo to try and save their negative rate BS !!! The panic will come and that is when only real assets. Gold in hand etc , productive land (not over priced RE) will skyrocket . You only need check the mail Fed Repo BS going on. https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details
This is only what we know of (and few people read this anyway) The fed has to legally make some, SOME of their Bailouts "public", guaranteed its far FAR worse. And the facts are they cannot stop because the yield curve reversed over six months ago !!!They can no longer control long rates or short term rates !!! . This will keep going until the masses panic and then rates will skyrocket . This is when pensions and Govt promises completely go under. This is why this COVID-19-19(infuenza-A) has been engineered as the scapegoat . Govts will NEVER come out and tell the public what is going on, Whether its Trump , Como Bernie , Senile Biden , Criminal Clintons etc , they only react . All common sense . IMHO get far far away from Cities . You have time , but this is coming at us fast . This is the Endgame of this quantitive Monterey Keynesian ponzi scheme . Read the second amendment .
The name is a character out of "Atlas Shrugged ". If you haven't read the book , I think you would like it.
A far better book, though , I highly recommend and wish everyone would read is : https://www.amazon.com/Cra-hmaker-Federal-Affaire-Novel/dp/0967175909
Yes. it looks like it was engineered in the States . The answer can only come from finding patient "zero" , which when Trump and co were asked , they got very very defensive . (BTW I am not a liberal or Repub). more of a librarian nationalist constitutionalist but in fact the Articles of Confederation with strong states rights without the open borders and an honest Monterey system . Of course the Fed is the problem but now we have a far far bigger problem world federalization with digi currency backed by SDRs and carbon bullshit taxes , which are an absolute full spectrum dominance takeover weapon !! I see the breakup of states . The lib/commo states will break away . China/Asia are not really the problem, the US Govt are .
"When the tyrant has disposed of foreign enemies by conquest or treaty and there is nothing to fear from them, then he is always stirring up some war or other, in order that the people may require a leader" - Plato
A great civilization is not conquered from without until it has first destroyed itself from within. The essential cause of Rome's decline lay in her people and her morals."
As the Roman Empire rose to greatness, it no doubt assumed that its power would last for centuries to come. But even while its citizens were living in prosperity, the empire was crumbling from the inside. You will find this true of any civilization that has ultimately collapsed or has been overcome by a foreign power. It first fell apart on the inside. The landscape of history is strewn with the remains of once-great nations that let moral decay from within bring them to ruin. The same has already happened in America today as moral,intellectual and bodily decay continue the rapid collapse Economically,morally and culturally as its apathetic, cowardly and intellectually brainwashed and vacuum dried populous are fed the bread & circuses ,whilst corruption sucks the last vestige of wealth and morality out of the corpse.
They are seeking to eliminate ANY means of circumventing their negative interest rate policy. They believe that the only reason their Quantitative Easing has failed is that people were hoarding cash and gold outside the banking system. Instead of looking at the problem with Keynesian Economics, they NEVER assume they are the problem – it is always the people.
People have been hoarding gold jewelry. Italy began to weigh the gold jewelry you were wearing when you left the country. I do not believe this will be successful. That is not the point. It is solely intended to force everyone into government digital currencies. Then they can just tax whatever they desire.
The excuse for this quarantine is that there will not be enough hospital beds for everyone. The answer is what the Chinese did, constructed emergency hospitals in days. You do NOT shut down the entire economy like this !!. People are losing jobs and small businesses will close forever. The damage is far greater than what they pretend to be preventing. Either they are sublimely STUPID, or there is another agenda here.
Europe was on the edge of collapse. They have had negative interest rates since 2014. The central bank could do NOTHING. There had to be political reform. They are actually doing what I thought would do, using sheer force. Europe is losing its freedoms and they will NEVER return.
Meanwhile, we have a major deleveraging process underway. Many Hedge Funds have traded with a fundamental view that defeats the very purpose of a hedge fund if it is based upon just opinion. As the Hedge Funds puke all over the street, the margins rise which have a tendency of not just deleveraging the system but forcing further liquidations. This is the stark reality we are facing this coming week further liquidations. Some funds may be forced to shut down based upon withdrawals by the end of the quarter.
There is no question we are looking at economic numbers that will reflect depression-like economic data because this is a contrived economic collapse which is totally unjustified. Jobless claims are going to skyrocket for people MUST be fired in order to collect unemployment. I recommend this to business's to help their employees. The economic damage inflicted on the economy is going to be massive. Any recovery will be hard to imagine if this lasts another two weeks.
This is an engineered CV crisis.
The entire thing has been insanely blown out of proportion to cover up the global currency/biod crisis.
There is a-lot more to this than what the masses are being brainwashed with .
The media keep pushing this disease into a panic claiming the numbers are fake and it is much worse, being used as Pawns for the ID2020. The real concern is that there are other coronaviruses which typically amount to 14% of flu-like diseases each year. This has contributed to false-positive claims of the Coronavirus. Even the American Dental Association has instructed dentists to shut down for 2 weeks. With less than 15,000 reported cases in the USA, given that the 2018 population was 327.2 million, we are talking about 0.00004% of the population. If the number of flu-caused deaths exceeds 7.7 percent of the total, then the United States officially has an epidemic on its hands.
@t
There is something much more sinister going on here and it has nothing to do with coronavirus. You do not shut down the world economy for such a minor incident. An epidemic would require more than 4 million deaths in the United States – not less than 200.
There is no question that the fundamentalists #1 Golden Rule has been when stocks crash, run to bonds. We are entering the collapse in public confidence and this is BEYOND the central banks despite the massive attempts to intervene. Keynesianism is DEAD!!!! We have entered uncharted territory which is the darkest fears of academics for they know nothing about such scenarios. The bond markets are offering no refuge this time for the flight to quality. The diversification strategies, real value investors, and correlation desks have all lost the most money during this crisis all because the #1 Golden Rule has crumbled and fallen to the ground in a pile of dust. The traditional 60% in shares and 40% in fixed income has collapsed. There has been a worldwide panic to dollars both among institutions as we see in the FX markets, but in the physical world of cash dollars have been vanishing as hoarding skyrockets. There have even been shortages of physical dollars in New York City. Paper dollars have been hard to find in Europe and in many places they are now selling for a premium.
The failure of the bonds to provide the alternative in a stock crash confirms that Keynesian Economics is dead and monetary policy has lost its stimulative power because of this insane negative interest rates. Real rates rise in times of a crisis as illustrated by the call money chart showing dramatic rises in rates pre-Federal Reserve and pre-Keynesian Economics. The central banks have been trying to PREVENT the rise in short-term rates taking place in the Repo Market since September 2019.
The central banks have been fighting a losing battle against the normal forces of how capital moves during a crisis. During a crisis as this, interest rates rise with the perception of a rise in credit risk. The central banks have been trying to create a bear market in interest rates in the middle of a bull market where rates would instinctively rise
All of those clinging to the Quantity Theory of Money from politicians, analysts and central bankers, you have to wonder how many times must they all be wrong in assuming an increase in the supply of money must be inflationary. That theory has proven to be suitable for a bedtime story for children. Academics, who has fostered this theory, lack any trading experience. Sorry – all things DO NOT REMAIN EQUAL!
This has not been a market crash sparked by the black swan event using a novel virus that central bankers cannot defend against, this has been an orchestrated overreaction with ulterior motives. There is NO amount of money that can be poured into the economy to reverse the trend as long as people's confidence in the future has been destroyed by the media. This is no different from how the media created the Spanish American War accusing the Spanish of attacking an American ship that never happened. They name the prize for good journalism after the father of fake news.
This is the destruction of capital formation. The entire Quantity Theory of Money is bogus and has never held up if you simply investigate the history. The old theories of debasing money which led to the start of that theory was during an era when coins were precious metal and they exchanged in value among nations on their metal content. That was the Latin Monetary Union. The same amount of metal established the foreign exchange rate among nations. However, as debasement took place and wars suspended the precious metal standards, money revealed its hidden nature – political power.
The true nation of money was always international confidence in the government. India would imitate the gold coins of Rome because people trusted the Roman coinage. Gold carried a premium over its metal content based upon political power. The ancient coinage demonstrated that money was NOT the pure intrinsic value of the metal, but the confidence in the political state issuing that coinage.
We find the very same trend 600 years earlier when Athens was the financial capital of the world. Silver was imitated in the form of Athenian Owls, which was the first worldwide currency to appear. Athenian Owls were imitated in Europe to Africa. Once again, these were not counterfeits but imitations. The metal content was some time of an even higher grade. This confirmed that the premium of currency was created by the political stature of the issuer.
This is what we are witnessing right now – the Panic to the Dollar. You must understand that this is a long historical documented reaction. The rush to dollars right now is as old as recorded history. The currency of the dominant financial capital of the world will always trade at a premium in times of crisis.
The massive liquidation going on among hedge funds who have never understood the Quantity Theory of Money is taking us into the end game where there is no shelter in bonds, but only cash. The statement of Ray Dalio that "cash is trash" illustrated the arrogance of that philosophy constructed on the false Quantity Theory of Money. The typical flight to quality running to government bonds has failed and the rush is simply to cash.
If you look at the markets and not the headlines, as the U.S. stocks collapsed in panic on Wednesday by 5%, turn to the TLT $17 billion exchange-traded fund that tracked long-dated Treasuries. That very day saw its second-worst day ever in the middle of a panic. That was NOT supposed to happen, according to the Quantity Theory of Money believers. If we simply trade by the numbers and not dogma, we saw both equities and bonds plummet. Those who have been focused on cross-asset correlations, none of this was supposed to be even possible. Equities plunged alongside and government bonds. We entered the new reality where Keynesian Economics has collapsed and there is nothing to replace it.
The staggering losses that will come out this quarter because of the fund managers who have all been based on the Quantity Theory of Money warns that we may yet face the shocking revelation of just how much capital was destroyed. Even those who relied upon a risk-parity index that was supposed to create a diversified systematic strategy as it allocated money based on volatility levels has been blown out of the water. I DON'T believe in diversification models !. Why invest in something I expect to lose money in as insurance when I can do the proper analysis and determine where to invest.
While the European Central Bank tried to claim that it had NOT run out of ammo announcing an emergency bond-buying program worth €750 billion euros, all this does is keep the government on life-support. The greatest risk at this time is to dump money into government debt. Even gold has not proven to be a better option in the long term as hedge funds have lost so much money in other areas, they have been forced to liquidate gold simply to raise cash.
This Keynesian Model of lowering interest rates has completely failed and it has acted counter-trend to how the capital functions in a panic – the top priority becomes credit risk. The closer the yield of fixed moves toward zero, the more negatively skewed bonds become. Bonds have simply become a tremendous risk for they are becoming not a place to hide, but a place to obtain a guaranteed loss. The risk of negative-yielding debt is that their prices will collapse 20%-60% as capital in the free market looks at credit risk and what level of return is necessary to prevent hoarding of cash.
I detest Govts and all these wall street, city of london Brussels EU banksters and crime syndicates !!. With this global currency/bond crisis I am protecting myself and yes those like me will do well, because we understand what is going on. Govts don't want a truly educated population and they sure as hell are not going to ever come out and tell the truth , for there guaranteed will be revolutions with politicians bankers hanging from light poles. , BUT these are the facts of what is happening.
If you can exchange your savage for USD i would highly recommend you look into it.
I highly suggest get as much cash USD in hand as you can ….and when the USD bonds cash , which i think will be next year , after europe etc have crashed… make sure you have gold in hand… hat i think will happen is the establishment will print massively use one last time destroyed all public confidence as they front run what ever is left ….. and then it will be digital currency , total surveillance or revolution ..either way we are facing the end of this quantitive monetary ponzy and what ever will be the next . Govts and their militarized scum are coming
Yes, it is, Paper price is and will diverge massively though . What you hold is what you will have. Being paid out in digs dollars wont translate when it counts, thats only to try and stop panic . Cash in USD and Gold coins are best as they are recognized . But when the US bond short term rates begin to rise, then it will be too late to exit USD . I wouldn't hold USD past jan next year
I think so (Trump will still be next president. ) too. My concerns are marshal law .( IMHO , I think this a "sort of " dry run for next seasons fully blown virus that will be used for the currency/bond crisis . I am just voicing my thoughts and concerns and I think all of us appreciate feedback , as i sure do. I look at the daily Feds Repo actions !! Jezz!!! Why is Trump not even mentoning it !? (and yes i am a constitutionalist . I dont like either party ) , however , this is the first time that i am truly preparing big time to get the hell away from what i see coming at us very fast. Its evident to me that hedge funds etc are liquidating what ever they can to try and cover margins !! Gold silver of course !! I think RE will take a massive hit . It has to ! as small business's go under . And banks are not passing in low rates . I am looking at buying property (productive property in southern Italy) 1. because I like the culture, food etc and I like the fact I can relax far away from Cities . Its also close to Ukraine where I like the beautiful women. I also think that with the Euro crashing down past parity , that export businesss if set up right in say Lietebstein will be a good business with currency differentials. I have moved out of California , sold the house six months ago and at present am in North Carolina . I think its one of the best places , cheap productive land, lots of water, and big money is buying ,building bolt holes here…. I am in USD cash and Gold , silver … My thoughts are which areas i like to live a good life , what cultures i like and what areas i think have upside. I truly do not see America as having an upside (sure some States) , but i see secession coming and civil war . Good as the entire west coast is commo and loaded with insanity, bankruptcy, welfare breeders and growing violence. I think that places like Ukraine have upside, intelligent motivated people who hate socialism , It inly has upside so is undervalued , Sure you mat have to use "natural law" , but its far more productive and honest than this BS corrupt system where the justice system is totally broken…I also cannot take the feminist freaks here or these emasculated turds ….
Europe has directed bullion dealers not to sell to individuals. You will probably see next week a proposal floated that asks Europeans to turn in their gold and convert it to digital under the claim this is patriotic. There are growing fears in Europe that they will cancel the paper currency and force everyone to go digital. This is why there have been runs on banks in the USA for cash dollars in New York, not for fear that the bank will fail, but a panic to get out of Euros.
There is a rumor that is spreading that Europe will confiscate gold as Roosevelt did, but not to back the currency with gold, but to force all wealth into a digital currency. This would be a game-changer in Europe. I do not see this unfolding outside of the Eurozone. Keep in mind that Europeans are very familiar with canceling currencies. It is ONLY the paper currency which is canceled – not the Euro itself. That is routine in Europe to force people who have the cash to declare it and pay taxes or lose everything. They cannot cancel US dollars, but they have been imposing stricter regulations on gold for the past two years. As I have said, never let a good crisis go to waste. I believe you may start to see this idea floated in the press next week. It will probably be voluntary at first. I do not believe they will outlaw it on the first go. Longer-term, it just becomes very difficult. The Swiss began numbered accounts because Hitler outlawed having any account in a foreign country. The Swiss now ask the EU how high should they jump. They are no longer the safe haven they once were. So Swiss accounts will no longer be an option. The only option is the USA since it is not part of their reporting agreement.
Even New Zealand is part of the order where banks must report $10,000 in cash transactions. Australia has made it a criminal act to pay for anything in $10,000 in cash. The Common Reporting Standard (CRS) is an information standard for the automatic exchange of tax and financial information on a global level. It was put together by the Organisation for Economic Co-operation and Development (OECD) back in 2014. Its purpose was to hunt down tax evasion primarily for the European Union. They took the concept from the US Foreign Account Tax Compliance Act (FATCA), which imposed liabilities on foreign institutions if they did not report what Americans were doing outside the country.
The legal basis of the CRS is the Convention on Mutual Administrative Assistance in Tax Matters. As of 2016, 83 countries had signed an agreement to implement it. First reporting took place in September 2017. The CRS has many loopholes for countries have to sign the agreement. This has omitted the United States as well as most developing countries. Note that countries that are included are China, Singapore, Switzerland, most tax havens and of course Australian/New Zealand as well as Canada.
As of 2018, the signing nations to avoid are:
Albania, Andorra, Antigua and Barbuda, Aruba, Australia, Austria, The Bahamas, Bahrain, Belize, Brazil, Brunei Darussalam, Canada, Chile, China, Cook Islands, Costa Rica, Dominica, Ghana, Grenada, Hong Kong (China), Indonesia, Israel, Japan, Kuwait, Lebanon, Marshall Islands, Macao (China), Malaysia, Mauritius, Monaco, Nauru, New Zealand, Pakistan, Panama, Qatar, Russia, Saint Kitts and Nevis, Samoa, Saint Lucia, Saint Vincent and the Grenadines, Saudi Arabia, Singapore, Sint Maarten, Switzerland, Turkey, United Arab Emirates, Uruguay, Vanuatu
Thanks well we all have to imho try to help those of us who are awake and those learning about what is going on. There is going to be massive panic.Its all common sense. .I don't know if I am that same person . From where were you talking ??I recommend getting the hell out of the Euro , Aussie, NZD and converting to USD , Cash in hand . Don't worry about the gyrations in Gold Silver as hedge funds , banks etc are liquidating whatever they can to try and stay afloat, covering their carry trades, bank swaps, and leveraged off shore loans in USD. This has only just begun and its will accelerate as the USD rises . If you want to make more , rather than relaxing, with your USD and Gold at home , leverage short the Euro, Leverage long the USD (very simple trades ) and don't stress over those currency gyrations (as its only Govts and BIG institutions, CBs and the Fed in particular using the Repo to try and stem the trend and trying to calm the panic .The market is FAR too big for any of these institutions to keep using quantitive money Repo to try and save their negative rate BS !!! The panic will come and that is when only real assets. Gold in hand etc , productive land (not over priced RE) will skyrocket . You only need check the mail Fed Repo BS going on. https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details
This is only what we know of (and few people read this anyway) The fed has to legally make some, SOME of their Bailouts "public", guaranteed its far FAR worse. And the facts are they cannot stop because the yield curve reversed over six months ago !!!They can no longer control long rates or short term rates !!! . This will keep going until the masses panic and then rates will skyrocket . This is when pensions and Govt promises completely go under. This is why this COVID-19-19(infuenza-A) has been engineered as the scapegoat . Govts will NEVER come out and tell the public what is going on, Whether its Trump , Como Bernie , Senile Biden , Criminal Clintons etc , they only react . All common sense . IMHO get far far away from Cities . You have time , but this is coming at us fast . This is the Endgame of this quantitive Monterey Keynesian ponzi scheme . Read the second amendment .
The name is a character out of "Atlas Shrugged ". If you haven't read the book , I think you would like it.
A far better book, though , I highly recommend and wish everyone would read is : https://www.amazon.com/Cra-hmaker-Federal-Affaire-Novel/dp/0967175909
Yes. it looks like it was engineered in the States . The answer can only come from finding patient "zero" , which when Trump and co were asked , they got very very defensive . (BTW I am not a liberal or Repub). more of a librarian nationalist constitutionalist but in fact the Articles of Confederation with strong states rights without the open borders and an honest Monterey system . Of course the Fed is the problem but now we have a far far bigger problem world federalization with digi currency backed by SDRs and carbon bullshit taxes , which are an absolute full spectrum dominance takeover weapon !! I see the breakup of states . The lib/commo states will break away . China/Asia are not really the problem, the US Govt are .
"When the tyrant has disposed of foreign enemies by conquest or treaty and there is nothing to fear from them, then he is always stirring up some war or other, in order that the people may require a leader" - Plato
A great civilization is not conquered from without until it has first destroyed itself from within. The essential cause of Rome's decline lay in her people and her morals."
As the Roman Empire rose to greatness, it no doubt assumed that its power would last for centuries to come. But even while its citizens were living in prosperity, the empire was crumbling from the inside. You will find this true of any civilization that has ultimately collapsed or has been overcome by a foreign power. It first fell apart on the inside. The landscape of history is strewn with the remains of once-great nations that let moral decay from within bring them to ruin. The same has already happened in America today as moral,intellectual and bodily decay continue the rapid collapse Economically,morally and culturally as its apathetic, cowardly and intellectually brainwashed and vacuum dried populous are fed the bread & circuses ,whilst corruption sucks the last vestige of wealth and morality out of the corpse.
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