The Collapse (and Renaissance?) of the West

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– April 2nd, 2017

This piece is in Two Parts – Part Two is Here

TheSwordAndTheBook
The Sword and The Book – Instruments of War.

I woke up the other morning, sweating, heart pounding and breathing heavy. I didn’t know what time it was, but I knew it was early. I daren’t put the light on, or even check the clock by pressing the illuminate button, because I knew it would wake my wife. So I ended up lying there, tossing and turning, thoughts churning over in my mind.

I’d been dreaming, and the dream was one of those were you end up fighting some unknown foe. I quickly realised who I had been fighting, in this somnabulistic nightmare.

I’ve been studying, and watching a huge number of videos on Islam, and the history of it over the last 1400 years recently, and this must have been playing on my mind.

Of course this blog is not normally dedicated to religious topics, as it is usually too contentious, and people get upset when you challenge their deeply held beliefs, even if you use rationale and logic to do so – or especially because you do.

But, as I began thinking about the theology, I realised that there are economic consequences, quite serious consequences. I realised that there are monetary and economic forces at work, so I also began studying the history of the man who became the prophet, that so many revere in the world, and casting my analytical eye over the whole piece, reaching some surprising conclusions.

Some History
——————–

I was surprised to learn, that an Islamic Caliphate had existed pretty much since the death of Mohammad in 632 A.D., until 1924, when the last of the major European economies, rid itself of Islam, at least in its political role in the state. But, that at its height, it was bigger than the Roman Empire, of which we learned so much as children. Why weren’t we taught that?

The turnaround in fortunes began as Europe began to be more economic than spiritual, and the breakaway from the Papacy, by King Henry VIII, for his own ends, began the change.

That was followed by the reformation, when the schism in the Roman Catholic Church began, set in motion by Martin Luther, when he wrote: “The Ninety-Five Theses”.

This was reinforced by the renaissance, when science began to become the major driver of thinking, and the improvements in productivity this allowed, coupled with the movements from the countryside to the towns began to occur. The Gutenberg Press spread the word far and wide as cheap books became commonplace.

Europe expanded through education and enlightenment as European ships set sail towards the New World, to return, with wondrous trinkets from Native Americans, and fortunes in Gold and Silver as these new lands were discovered, explored and plundered. As mechanisation took hold, this cemented Europeans in the ascendancy as they could develop stronger economies, and build well-funded armies.

Mustafa Kemal Atatürk, was the founder and first leader of modern day Turkey and established the state, after the fall of the Ottoman Empire in the early 1920s when he created the Grand National Assembly on 23rd April 1920. He had studied Western nations, during his extensive military career, and began to build his new nation, on more secular lines.

Mustafa Kemal fought a final battle with the Islamic Caliphate Army, shortly after the signing of the Treaty of Sèvres, which was imposed by the allies on the Ottoman Turks, and by September 18, 1922, the occupying armies were expelled. On November 1, the newly founded parliament formally abolished the Sultanate, ending 623 years of Ottoman rule. The Treaty of Lausanne of July 24, 1923, led to the international recognition of the sovereignty of the newly formed “Republic of Turkey” as the successor state of the Ottoman Empire, and the republic was officially proclaimed on October 29, 1923, in the new capital of Ankara. Mustafa Kemal became the republic’s first President which finally broke up the Ottoman Empire.

On 1 March 1924, at the Grand National Assembly, (GNA) Mustafa Kemal said: The religion of Islam will be elevated if it will cease to be a political instrument, as had been the case in the past.

On 3 March 1924, the caliphate was officially abolished and its powers within Turkey were transferred to the GNA. Other Muslim nations debated the validity of Turkey’s unilateral abolition of the caliphate as they decided whether they should confirm the Turkish action or appoint a new caliph. The only political party of the GNA was the “Peoples Party”, founded by Mustafa Kemal on 9 September 1923.

He forbade women to wear the Hijab, ensured they got an education, by establishing free compulsory primary schooling and forbade men to wear the beard.

He made Turkey a secular state and gradually its importance in the region grew as its economy and population did, aided by membership of NATO and acting as a bulwark against soviet expansion, which meant American money went there.

The West (in the guise of the EU) dangled the carrot of membership, but the rhetoric of recent months, and the animosity between Muslim President Recep Erdoghan and the Netherlands, seems to have put paid to that – at least for a while. Turkey despite shooting down a Russian MIG fighter jet over Northern Syria, as it apparently ventured into Turkish airspace seems to have patched things up with Russia, as they apparently were co-aligned in fighting so-called “Terrorist groups”

In Russia’s case, they were fighting anyone who threatened their relationship with Basher Al-Assad, which is largely because if he falls, Russia loses one of its allies in the region, and probably the warm water port it has in Northern Syria. Turkey, meanwhile is intent on fighting the Kurds who have been pushing to have a homeland in South-Eastern Turkey, and Northern Iraq for decades, and Kurdish oil, would give them money and influence, which Turkey is wary of having, on its south-eastern flank.

The Tribes of Islam – Sunni and Shia, have been fighting amongst themselves for domination ever since the demise of Mohammad. Mohammad’s father-in-law – Abu Bhaqhar, and his cousin – Ali ibn Abi Talib, began feuding over who should succeed him, after his death by poisoning, in 632, and the interpretation of the religion, and these two strands of thought have been fighting for dominance ever since.

But one of the things that has perplexed me over the time I have been thinking about this problem, is that if a person is praying 5 times a day, how much time they have for study of scientific, and other critical thinking subjects. In fact according to one source, I was surprised to learn, that the whole of the Islamic world (of 1.4 billion souls) translates fewer books each year than tiny Liechtenstein.

But, the Islamic world has had two events happen, to help them:

In the 1920s, oil was found, in the Kingdom of Saudi-Arabia, and the Arab-American Oil Company (Aramco) was established, before it was nationalised some years later… This with the establishment of the Petro-Dollar system, by Henry Kissinger back in the 70s, gave the House of Saud, rising importance in the world, as dollars flowed into the Kingdom’s coffers. That immense wealth went into Palaces, British and American Defence Technology as the Kingdom purchased British Fighter Jets, and American missiles and equipment, which has provided the Kingdom, with an excuse to spend their wealth, and recycle some of that wealth into British and American jobs.

Behind the scenes, the Sunni dominated House of Saud, and the Shia dominated establishment in Iran, have been feuding: funding and promoting unrest throughout the region for decades. Whoever wins that battle, wins the battle for dominance in the whole of the Islamic world, and therein, lies the root of the problem for the west.

Religious Fervour
—————————

Back in the 70s, two important things happened… The oil-crisis, brought about by rising world demand, due to an increasing dependence on oil and oil derivative products such as plastics, fertilizers, chemicals, paints, and the pharmaceuticals industry etc; drove the price of oil, as it rose from circa $1.60 per barrel in 1969, to $41.00 per barrel briefly in 1980, and that meant huge amounts of wealth transferred from the west to the oil producing nations (Largely OPEC).

The second thing that happened was, that the ruler in Iran in 1978 was the U.S. installed Mohammad Reza Pahlavi – the last Shah of Iran. But a new twist was about to happen. On January 16, 1979, Pahlavi left Iran after a citizen’s revolt, and two weeks later, on February 1, the Ayatollah Khomeini returned to Iran. Khomeini had been exiled to various countries, including France, where he made several contentious speeches. He was arrested and exiled to Iraq, then Turkey and finally Paris, France in 1964, but shortly after his arrival back in Iran, on February 11, 1979, Khomeini appointed his first own prime minister, Medhi Bazargan. On March 30, 1979 a referendum took place in Iran and as a result, the monarchy was replaced with an Islamic Republic. After the Islamic Revolution, Khomeini became Supreme Leader of Iran.

As a young man, Khomeini, studied in Qom, an Iranian city, where he received a traditional religious education, but Khomeini, also had other plans. Wiley as a fox, Khomeini – intended to bring Islam to the world. The oil wealth, would allow him and his government to spread the word, and buy the support of those around him. Just as the House of Saud, and the hundreds of Royal Princes do in the Kingdom of Saudi-Arabia.

These two almost tribal nations, one espousing Sunni Islam, the other espousing the more traditional Shia, eye each other across the Persian Gulf. The Straits of Hormuz a narrow waterway, as narrow as the Dover Straits, separates the two nations. And through those straits, 40% of the world’s oil travels. If any one of these two nations decided to close the straits, oil would hit $200 barrel within days at soonest, and weeks at most.

The other choke point – The Baab-el-Mandeb (The Gates of Tears) sits on the other side of the Saudi Peninsula and allows entry to the Red Sea, and the short-route to Europe through the Suez Canal.

In 1973, Israel, Egypt, Jordan, and Syria went to war for the second time, the Egyptian President – Anwar Sadat, and Basher Assad of Syria attempted to take back the land won by Israel in the six days war in 1967.

Oil was hovering around $2.30 a barrel. Just days later, while the Israelis, the Syrians, the Jordanians and the Egyptians were still slugging it out acorss the Sinai Peninsula, The Libyan Colonel, who had taken power just four years before, and had nationalised the Libyan oil-fields, and their production technology, raised the price of oil heading to Italy. First to $3., then four, then six, and finally in one final flourish to $11.69. The war lasted almost three weeks, before a UN resolution and a threat by Leonid Breshneyev Soviet President, to put troops on the ground unless the U.S. did, brought hostilities to a swift halt. the War had lasted from October 6-24, 1973.

Reports emerged later that at the time Iran had charged as much as $17 per barrel during the crisis briefly. The small Islamic nations had risked everything against the Western Powers, and survived. The U.S., Italy, France, Germany, former Empire holder Britain, she who had controlled 50% of the earth’s land-mass at one time, were reduced to penury. No armies arrived, no foot-soldiers, no planes bombed their fields, and no jack-boots patrolled their streets, nor gun-boats patrolled their shores. These tiny Arab nations had stood up to the great western powers, and were emboldened. That winter, brought a severe crisis, in Britain, as inflation would reach 26.9%. Mineworkers went on strike, and then power workers. The UK government of Ted Heath was forced to bring in the three-day week to conserve fuel, and council workers joined the fray.

Heath announced a snap election for February 1974, and asked the question – “Who governs Britain?” the electorate answered not so emphatically – “Not you.”. The election was insufficient to give Labour a full mandate, and a brief pact between Labour’s Harold Wilson, and the Liberal’s Jeremy Thorpe maintained things until a second election in October that year, gave Labour a slight majority.

The Americans, had their own crisis that year end, as cars queued at gas-stations for $5.00 worth of fuel, and gas-stations ran out of fuel causing frustration at the Arab nations.
But what does all that have to do with us?

Find out in Part Two

 

Monopoly Money…

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MoneyGrabbers

I am reminded of my days as a child, playing Monopoly… Of course, the company that manufactured the board game: Parkers – or in the UK – Waddingtons – produced many versions for major markets. America, had its version, based on New York, Britain’s version used London, and Canada, Australia, and New Zealand – the rest of the five eyes – no doubt had their versions too. All told there were 103 versions (at least according to Wikipedia), so I suppose most people over 30, will have played it or seen it at some point in their life.

I was reminded of it, because of the new British £1.00 coin, which is a bi-metallic 12 sided beast, that reminded me of the coins that were made of plastic in the above mentioned game.

The new coin, according to several sources: “has a hidden security feature to make it difficult to counterfeit, but officials at the Royal Mint have not released any further details.”

“It is thought to involve material inside the coin itself which can be detected when electronically scanned by coin-counting or payment machines,”

“Three years in the making and costing £2 million to develop, it inserts a physical security layer within each coin that allows for thousands of coins to be scanned and verified in a matter of seconds, quickly separating the real coins from the duff ones.”

Of course the British Fiver (£5.00 note) is now made of plastic, and incorporates security features to make it more durable, and difficult for counterfeiters to produce without it being obvious. By October this year, the older paper based Fiver will be obsolete, and apart from the nice shiney new ones that made it into envelopes to be stored in drawers and cupboards for children when they were younger they will no doubt like most currencies of yesteryear, disappear into the realms of history.

That is a feature of all currencies… NOTE: A currency is for “current” transactions…

Money is a different beast altogether.

For anything to serve as Money, it has to have 7 functions. (Mike Maloney has a wonderful series of videos on You-tube, that tell the History of Money, should you wish to do further swotting up and if I were to watch or recommend just one, or two, I’d start with part 4)

Money has to be: A Medium of Exchange, A Unit of Account, Portable, Durable, Divisible, Fungible and a Store of Value.

Most of those are obvious, though Fungible might confuse a few people. Fungible just means that each unit is the same as each other unit so it doesn’t matter which one I use, they are all the same.

BUT, only Gold and Silver coins: where the size, weight and purity is known, can serve as money.

WHY SO?

Therein lies a tale…

Because an ounce of Gold, or a Pound of Sterling Silver, remains the same over hundreds of years, and retains its size, weight and appearance,  therefore they are a store of value.

The story goes, that an ounce of Gold, will buy a quality suit of clothes from a top tailor on Savile Row in London, England, just as it did a hundred years ago.

This means that the government has to limit its activity because it will run out of money, unless it taxes its people more, and most governments are like Turkeys – they won’t vote for Xmas, by raising taxes on the population, because in democracies, people who raise taxes tend to get voted out of office.

The British Pound Sterling was so-called because the British Crown Royal Mint assayed it and using stamps, that were stamped into the metal, to verify its purity came up wiith the definition of 925 parts per thousand, which gave it its name.

This became the basis of our monetary system. Alongside this money, the British also had a Golden Crown and a Golden Guinea. The Golden Guinea was once,  a one ounce coin of pure Gold, valued at £1.05 (21/- or 21 Shillings) A shilling was 1/20th of a pound.

Of course at a time when 16 ounces of something was a pound, this wasn’t the same for Gold and Silver, as they are measured in Troy ounces which are heavier, than “Avoirdupois” ounces by a factor of 1.225 times, so was the equivalent monetary value at a time when the Silver:Gold ratio was legally defined as 16:1 or 15.5:1 at various times.

Britain left the Gold Standard during the early days of the first World War, to allow the nation to pay its war bills, for war munitions and this allowed it to expand the money supply without causing immediate deflation, or price inflation. America, did well out of it, as Europeans bought many of their materials from the U.S. like grain, and household goods, as well as munitions.

So why do Governments, and their agents, want to steer you away from having real money?  That’s a good question.

If you get real money from your time, talents and energy, you could put your excess earnings into savings, and the government and Banksters would not be able to tax that. In order to pay for their actions, they need to steal your time and your freedom… People who are free from the drudgery of work, have too much time on their hands, and can think. And people who think, are a potential threat to those in power, as they have a tendency to spot the scams being run by governments.

In post WWI Russia, a young economist called Nikolai Dmitryevich Kondratieff produced a report that stated that the economy which tends to work in cycles, has a long-wave cycle of roughly two generations. Robert Beckman a financier during the 1980s, and author of the book “The Downwave” suggested a cycle of 54 years, but this obviously depends on when women begin having their first child. This became known as the “Kondratieff Wave”, and Kondratieff, to counter this cycle, suggested allowing the population to have small businesses like Britain, and other nations

For Lenin and Stalin, this proved too much. Kondratieff, who was tried for treason to the party spent 8 years in jail. While he was in jail, he did further research, and when he was released, he was tried again, and this time was convicted, and sentenced to death by firing squad…

His sentence was carried out that same day.

Both Hitler and Stalin, took gold out of the hands of the citizens, because as the old saw goes: “He who owns the gold, makes the rules.”. So owning Gold gives you “Freedom”.

So, Governments, and their Central Banker paymasters need to restrict the population from using money, because it has limited capability to be taxed. And those on the inside, can’t get YOU, to pay for their pet projects, that many of them, will benefit from, further down the line.

So the new British pound to go back stops those who wish to preserve their wealth, from storing cash at home, out of the Banking System, because periodically, they are forced to return their notes and coins to the Banking system to be replaced by their newer less counterfitable replacements.

Now when you have to replace large sums, the Bankers know how much you are storing out of the system, and if that sum exceeds typically £10,000, they are duty bound to report that to the Government under legislation to prevent money laundering (at least so they say).

In reality, it is about controlling the banking system and the flows of funds into and out of the system, because the government and the bank relies of a functioning banking system to set taxation policy (Govenment debts are owed to the Central Bankers and thus need to know who has the funds)

This new coin therefore, is just part of the ongoing strategy to get everyone into the banking system, (there are currently over 1.5 million people with no Bank account) and to ensure the Banks can make a profit from this, free banking has to go.

You have to ensure that you have a minimum of 10% of your assets held in readily exchangeable assets with “no counterparty risk”. That means Gold and Silver.

Of the two precious metals, Andrew Maguire a precious metals trader has proved conlusively, that the U.S. government’s Bankers (the Fed and its client Bullion Banks) have been manipulated to the detriment of precious metals owners. the ratio historically of price between silver and gold is in the region of 16:1.

During the 1990s, this ratio began to be manipulated, as the US. government, which had used 2.75 BILLION ounces of Treasury Department Silver, during WW2 as part of the Manhattan project, and had to shut down the facility that used that silver in 1992, for 3 years, while they recovered that silver, to sell, because demand was growing (due to widespread industrial uses) and that should have raised the price, and encouraged more companies to find and produce silver, which would have brought the price down again… THAT is how markets are supposed to work – Economics 101 as the Americans might say.PM-Coins

Monopoly is outlawed in most industries, because a monopoly can extract monopoly profits – take it or leave it… And yet we allow our government and its Bankers to ensure that we can only use their monopoly produced money… Is this fair? No!

The only way to beat this monopoly practice, is to purchase precious metals and to keep those under your own control…

The time has arrived.

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Beware The Ides of March…

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Can You Trust Your Bank

Students of Literature, will recognise the title from the warning given to Julius Ceasar, as epitomised in the Shakespearean play of that name.

It was a warning to the general, to beware, by a soothsayer (who remains nameless). A warning that apparently he ignored. Of course, as the conspirators – the Senators, stabbed at Ceasar, and Marcus Brutus a former long-time friend plunged his knife into the man, Shakespeare’s Ceasar uttered those now immortal words – “Et tu Bruté” (And you Brutus?)

Of course, in the modern era, the last major play, that resembles this drama, is the death of John Fitzgerald Kennedy on November 22nd 1963, as he was brutally slaughtered by a conspiratorial cabal operating in the upper echelons of the power political scene in America.

Who all these conspirators are, has remained largely unspoken… But some people, are doing what should have been done 50+ years ago, by the Dallas Police, before the CIA and the FBI took over the post assassination conspiratorial machinations, to cover up their involvement, and to plant the idea in the public’s mind, that “it was a lone gunman” a Russian Sympathiser, who spent three years in Russia, but who was in receipt of $200 per month from the FBI as an informer, and who received special training by the CIA to learn Russian, before he allegedly dropped out by going to Russia and staying there for three years…

Those invoved in the Conspiracy carefully massaged the images and the Warren Commission headed up by the very man, that Kennedy had fired just a few months earlier as Head of the CIA to ensure the story remained “on message”.

Of course George Herbert Walker Bush, when asked where he was at the time of the shooting, had vague recollections of where he was, despite someone of that name making a call to J. Edgar Hoover’s office – Head of the FBI just hours after the shooting proving he was in a hotel in Dallas. And his recollections apparently varied on subsequent questioning of the same incident, The same George H. W. Bush who went on to be Carter’s head of CIA, and then Vice President, during the 8 years that Ronald Reagan was President, and almost made it to the presidency when President Reagan was shot, by a lone nutter… But the President in true Cowboy hero fashion, survived.

JFK’s brother Robert Kennedy who also later ran for political office also met a sudden death when yet another lone nutter (CIA – MK-Ultra participant?) allegedly shot him at close quarters as he emerged from the hotel kitchen into the glare of waiting reporters, TV cameras and waiting dignatories – and CIA operatives?

Here is the best documentary I’ve seen on this and other subjects…

JFK Jr., had his 3rd birthday just three days after his father’s death, and after growing up and becoming by, all accounts, an honourable man, handsome, suave, considerate and latterly a pilot and publisher of a magazine called “George” – Was this a clue to the mystery surrounding his father’s demise?Why George?

And of course, John F Kennedy Junior ALSO met an untimely demise, when his plane came down late in the evening, as his plane disappeared off his flight path and plunged into the Atlantic, just 1 minute after he called in to the Martha’s Vineyard Airport, to say he was at 2,500 feet and ready to descend to the airport… But he never made it, falling out of the sky almost vertically just 60 seconds later… Meanwhile, George Bush Junior, for the three days, was nowhere to be found… Hmmmm… “Curiouser, and Curiouser”…cried Alice…

You can get a better description of events here…

So what does this have to do with the Ides of March?

Well, as President Trump has already made known to the world, some of the things he wants to do is to “Drain the swamp”, and began the process, though CIA leaks have been made to discredit him, but even the MSM have had to eat some of their words. However, many things seem to be happening that suggests he won’t see out his full-term – one way or another…

Already people are setting Trump up for a fall… Here’s how Zero-Hedge put it


Roberto Gualtieri, chairman of the European Parliament’s economic and monetary affairs committee, also criticized Trump. “Some first concrete confirmations of a new more unilateral policy stance by the new U.S. administration, including on sensitive financial markets regulatory issues, raise concerns and require both thorough reflection and action from the EU side,” he told the committee.

Meanwhile, Draghi deflected accusations lobbed at him over the weekend by German finmin Schauble, who said not Germany, but the ECB and Mario Draghi, are responsible for the undervaluation of the euro:

And SGTReport who holds views similar to my own, regarding the economy,  believes  much the same with regard to Trump’s likely outcome, as those behind the scenes are attempting to undermine, discredit, or if they can’t impeach him, probably develop a plan to slay him, when they produced this video…

 

And of course #Pizzagate is just another FAKE News story…

Err.. Maybe.


And of course, it was Trump and those Russian hackers who stole the election… Except it wasn’t…

 

BUT, at least Trump is fighting back, and so are the Americans…

Those evil Bankers, Oil-men, Military Corporate CEOs and multi-million share-holders, and those working for them in the secretive security organisations – all 16 of them, are now going to have their teeth pulled as the fight-back begins…As Ron Paul, that arch-enemy of the Federal Reserve has already had his £0.02 worth..

http://www.zerohedge.com/news/2017-03-08/arizona-senate-committee-passes-bill-treat-gold-money-remove-capital-gains-tax

So, if you’re in the markets, now might be prudent to lower your risk somewhat… Events have a habit of coming out of the blue, and given recent rises to bubble territory… and Cliff High’s, Jim Rickards’ and Bill Bonner’s and JIm Willie’s and Peter Schiff’s, David Morgan’s and Dr. Paul Craig Robert’s warnings a pull-back is long overdue.

UPDATE

This is an important adjunct to the above piece, as events come into focus:

The 15th March (Ides) is the day that Netherlands goes to the polls to elect a new leader. One in which the populist Geert Wilders is steadily making progress in the polls and is looking increasingly likely to win. BUT as Turkey and the Dutch go head to head over the latest political intrigue, will this mean Wilders gets more of the sympathetic vote, against the population concerned about the (as they see it) invasion of Islamists guaranteeing him the  vote?

The second concerning thing is the reaching of the $20 Trillion debt ceiling in the U.S. on that date, while also the Federal Reserve on that day too will decide whether to raise interest rates for just the 3rd time in 10 years.

And, in the UK, after the House of Commons rejected the amendment voted for by the House of Lords, this frees the PM’s hands to announce the formal Brexit process.

And finally, Clif High – researcher, has been announcing over the last two months that March onwards is likely to be tumultuous, and after all that, I found this…(below)

Anyone who has been reading this blog for any length of time, will know my feelings on Precious metals, and this just threw petrol on the bonfire.

 

 

 

 

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Lazy Sunday Afternoon… How The Corporataucracy is Losing Its Grip

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It’s late Sunday, 26th February, and the oligarchy is fuming…

The large Corporate behemoths are concerned, because the Free Media – that’s the media, that doesn’t have corporate sponsorship, or control by the legacy media channels, are winning, and the legacy media are losing their power to control us, and that’s really pissing them off..

The old News media channels, the main-stream media, such as here in the UK – BBC, and ITN, and the 6 major U.S. news channels, are pissed off, because the so-called FAKE News channels, are in reality more in tune with what is really going on in the world, than the mainstream media channels would have you think.

For example:

Did you know that last year, President Obama and Secretary of State, John Kerry, BOTH visited Antarctica? Now why is is that news? And if not, WHY not?

So, what was the Presidential interest in Antarctica all of a sudden? Is it because back in 1512, Turkish Admiral Piri-Reis, produced a map of Antarctica, which accurately showed the land-mass including rivers and lakes under the 1 mile deep sheet of ice? Did, President Obama, want to check it out for himself – just to be sure?

Or was it because back in 1946/7 the U.S. had Operation High-jump, which was organised by Rear Admiral Richard E. Byrd, Jr., and led by Rear Admiral Richard H. Cruzen, USN, Commanding Officer, Task Force 68.

Operation High-jump commenced 26 August 1946 and ended in late February 1947. Task Force 68 included 4,700 men, 13 ships, and 33 aircraft. Operation High-jump’s primary mission was allegedly, to establish the Antarctic research base Little America IV.

High-jump’s objectives, according to the U.S. Navy report of the operation, were:

Training personnel and testing equipment in frigid conditions;
Consolidating and extending the United States’ sovereignty over the largest practicable area of the Antarctic continent (even though this was publicly denied as a goal even before the expedition ended);
Determining the feasibility of establishing, maintaining, and utilizing bases in the Antarctic and investigating possible base sites;
Developing techniques for establishing, maintaining, and utilizing air bases on ice, with particular attention to later applicability of such techniques to operations in interior Greenland, where conditions are comparable to those in the Antarctic;
Amplifying existing stores of knowledge of electromagnetic, geological, geographic, hydrographic, and meteorological propagation conditions in the area;
Supplementary objectives of the Nanook expedition (a smaller equivalent conducted off eastern Greenland). {https://en.wikipedia.org/wiki/Operation_Highjump}

However, what was the real intention of this task force? According to some reports, and at least one guarded comment by Admiral Byrd, the U.S. Task Force, was involved in a military expedition, and ultimately involved in a battle… exactly 70 years ago today.

This particular operation returned early after only two months, allegedly after having a battle with Unidentified Flying and Submersible Objects, which cost this particular task force several ships, men and aircraft.

Was this the first interstellar battle? Or where these flying machines a legacy of work done by German Researchers, who had also allegedly had contact with extra-terrestrials and fled to the Antarctic region to continue their research? This Russian video (with English sub-titles) suggests the former…

So, if the President of the U.S.A goes to Antarctica, via a stop-over in Argentina, why did this not make the evening news? And for the Secretary of State?

It has been stated by some in the Financial elite, that they fear what is coming, and that if they could, they would get “Off Planet”. In fact so many have sought hiding places in far away places such as in New Zealand, or in the Argentinian Andes. That it has driven up land and farm prices. They also have been buying gold, silver and bitcoin, in ever larger quantities, pushing prices up, and stashing large sums in currency in an attempt to minimize the worst affects of what is to come.  Some of these “preppers” have even bought space in what used to be nuclear facilities in what are known as DUMB bases (Deep Underground Military Bases) The Russians, have also allegedly provided sufficient space underground for their whole population, but the U.S. has rather selfishly, only provided sufficient space for approximately 200,000, of its population – those senior military, political and financial elites and their families. In towns near these bases, demand for essentials has sky-rocketed.

But what if any of the above is the reality, and we have been fed a lie, for 70 years, that we are alone in the Galaxy, and that the July 1947 incident in Roswell New Mexico, which was reported originally as a UFO, before it was retracted, was in fact a real inter-stellar craft (or two) that crashed and this was retrieved, along with several alien bodies?

 

We have been told it never happened? Yet the officer involved in the cover-up confided in retirement, to his son, that it really was a cover up and that it really was an extra-terrestrial craft that crashed, and elements of it were taken to PhD students in several universities to examine, in attempts to reverse engineer the technology…

What if the post WWII technological revolution that brought about the Integrated Circuit, the Ceramic silicon wafer that made the PC and smart-phone revolutions that took place 50 or so years later possible, but were in reality reverse engineered technology from alien space-craft?

What would widespread acceptance of this fact mean for established religions when their whole edifice is placed on the crucible of scientific research and found wanting? What will happen to people if the Vatican, or the Mullahs in the middle-east have to re-design their religious texts to explain the unexplainable?

We can but imagine.

But in this WooWoo world, where the previously unscientific paradigms, are over-turned as the implications of this sink in…we could see this world turned upside down, and its finances along with it

Nikola Tesla, dreamed of a world where free energy could be distributed via high-towers such as the Wardencliffe Tower, that was unintentionally funded by J.P Morgan, until he realised what Tesla was upto and had it torn down.  And extra-terrestrial space-craft, will obviously require another paradigm shift, as our oil based economy suffers its own implosion, and the financiers that funded the industry along with it…  After all… if these beings are travelling distances measured in light-years, they aren’t using rockets or burning fossil fuels…  So the oil coal and nuclear industries have much to lose from this paradigm shift…

So… get with the program…

Prepare for the change – Disclosure.

Why Bitcoin could go to $1,000,000+

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Bitcoin

Time to get your Bitcoin, Gold and Silver?

Ever since I first heard of Bitcoin, my moods have oscillated with emotional highs and lows between optimism, and pessimism. I got involved about thirty months ago, mostly out of mere curiosity.  However, I first learned of Bitcoin, about 7 years ago, and perhaps because back then, there was a lot of hype, I was highly suspicious of it. I asked myself… What was this new technology? What are its implications? What are its strengths or weaknesses? Will it succeed?

Like you I had so many questions. But I didn’t know enough to commit to it.

However, I had some experience of cryptographics when, as a former software developer, early in my studies, I wrote cryptography software using a simple alphabetic replacement system. For those not familiar with this, it was the simplest form, which involves letter substitution.

Let’s take the Alphabet.

ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz

GHIJKLMNOPQRSTUVWXYZABCDEFghijklmnopqrstuvwxyzabcdef

As you can see from the above, you can shift each letter a number of times. In the above example from A to G, from B to H, etc. etc., to encrypt or decrypt the text.

As long as you know the shift count, you can simply unscramble the text. This however would be laughed at by any modern cryptographer, worth their salt. We know which letters in the English language are used most frequently, so having a few guesses at the piece of text would quickly, reveal the key (the number of letters shifted – 6 in the above example)

During the second world war, the Germans of course used two characters to denote a character in their encrypted messages, with random coded substitution, and it wasn’t until the British managed to get hold of an Enigma machine from a captured U-boat, to send to Bletchley Park where they worked on the decryption that they were finally able to decrypt the messages, and listen in on German U-boat communications, so helping bring the war to a speedier close. And cryptography is at the heart of global communication, and Bitcoins and other Alt-Coins. It is also at the heart of Apple’s attempts to restrict U.S. authorities from gaining information from devices, that are encrypted, by fighting a court decision forcing it to build software for the authorities to allow access – Apple of course designed its software because of increasing concern at the intrusive political and authoritarian institutions of all Governments, some of whom appear to have carte-blanche access to whatever communication traverses the globe – at least according to Edward Snowden.

Lately however, I have been doing further research into Crypto-Currencies, and both the theory and the practice.

What fired my enthusiasm for this research was listening to an interview, between a sceptic, and an enthusiast.

As a result, I began looking at a number of Web-sites, and following up on this conversation. To see what’s happening in the Bitcoin and crypto-currency space. After much thought, and research, I realised that there are at least 7 Network Effects which might lead to wider acceptance:

1. Speculation –

People buying to make a fast buck. This drove early adoption, taking the price to almost $1200 at one point.

2. Merchants –

Companies accepting it for goods, simply because people hold them, and they are convertible into fiat-currency or money at known rates. In the world there are over 100,000 merchants already accepting the coins, including major providers such as Microsoft, and Target in the U.S..

3. Consumers –

These are using it because merchants are accepting it, and they are now doing so in ways that allow consumers to gain discounts of upto 35%, even on web-sites such as Amazon.

4. Miners –

There are a number of crypto-currency miners, with computing power approaching 1 Exahash, which is about the equivalent of 10,000 of the top 5 supercomputers in the world

5. Developers –

These will use the above processing power to build out the infrastructure, to produce software that is more secure than all the others and to build functionality in the hope of receiving Bitcoins or Fiat.

6. Financialisation –

The Banks and CFTC have already discussed using the Bitcoin Network and blockchain technology for transfer of financial instruments denoted in Bitcoin. And one of Max Keiser’s former regulars, decided to invest heavily in building out the technology for this process almost eliminating Brokers and brokerage fees.

7. World Reserve Currency –

IF, or rather, WHEN the US. Dollar crashes, then people will hold their reserves in an alternative or alternatives. Gold and Silver are obvious candidates, but also increasingly Bitcoin crypto-currency, is a candidate rather than some other Fiat currency, because of the current currency wars, which could turn into trade wars, and then hot wars..

This is still to happen but, the instability in the Middle-East and around Africa, is a sign of things to come.

If the price of Bitcoin, begins to rise towards, four, five, then six figures, more and more people will hold their reserves in Bitcoin, and other fiat currencies will recede in value – including other currencies such as: British Pounds, Euros, Japanese Yen et-al..

This will accelerate the acceptance and expand the wider use of crypto-currencies in general, and Bitcoin in particular. The rise of Bitcoin, and the fall of the U.S. Dollar therefore, will be as much an opinion of the dollar, as it is of Bitcoin

So, as more and more of these people and organisations, developers, merchants, financial organisations, miners and finally those who hold their nation’s reserves increase their use of Bitcoin, then the value will explode exponentially, and the price speculated in the header will be a distinct possibility.

But, the alternatives to Bitcoin – Alt-coins – and of course Gold and Silver may take up some of that slack. Gold appears to be in increasing demand, at least amongst 4 particular countries. India, China, Russia, and Turkey alone out of the world’s 200+ nations, currently (according to Mike Maloney quoting a Zerohedge article on 3/3/2016) are already consuming the entire planetary output of gold – and then some. The excess demand is currently being met by Western Central Banks reserves.

Canada which has suffered in recent months as the oil price has tanked, perhaps made pledges to its people, that were based – at least in part – on an expected almost permanent high oil price, so the fall to circa $30/bbl, and subsequent rise to around $54/bbl is causing problems for those states with Tar-sand production, which is a high production cost energy item, and thus costs may already be exceeding revenue from such operations. Those modest Canadian Gold reserves were apparently sold off in one month or less. The reserves stood at a mere 1.7 tonnes according to February 2016 reports, but by Feb 29th, the remainder was just 77 ounces, which is a pitiful amount. This is down from 1,000 tonnes that the Canadian Central Bank reported in 1965, but since the end of the Bretton Woods agreement (15/8/1971) these have been replaced by U.S. Dollars in the main. It took Canada, 20 years from 1965 to reduce those reserves by 50%, and the last 30years to rid themselves of the rest of this Keynesian Barbarous relic. Which begs the question… What will the Canadian Government use for currency/money, when the dollar collapse occurs?

But what might trigger this Tsunami? Anyone who is not a Keynesian, has to study – observe – what happens in the real world. Economics is one of those dry dusty subjects given to study by essentially – Nerds – I count myself amongst them. The original economists: Adam Smith, John Gresham, Ricardo, and the other early economists, studied markets and what happened in them. They then formulated ideas based on those observations.

But since the dawn of the Federal Reserve, and the end of WWI, economists have been looking for ways to manipulate the economy to serve politicians, who as the old saying goes – “Don’t want it to happen on my watch.” IT, being a recession or a depression.

But what causes depressions? Think about it for a second. A new idea comes along. Lots of people begin to provide that service or product. Lots of small businesses are built. Over time, these small businesses get swallowed up by competition, over decades ultimately half a dozen huge corporations provide that product or service, freeing up people to do other things – (unemployment) and concentrating the industry into a few corporate hands.

When this happens, the unemployed inventive ones with access to capital invent new products or services, to replace, or make better what went before. Perhaps even to the point where what went before, gets replaced almost completely – such as cars replacing trains, which replaced horses and canals. But for the additional products, you need additional consumers, not hundreds of millions, retiring, or on the verge of retirement, looking to save, rather than spend.

Since the end of WWII, the computer has gone through several metamorphoses – from Mainframe, to mini-computer, to PC, to Laptop, to smartphone and tablet computer. They each in their turn improved on previous designs, made them smaller, more productive, cheaper and widely available due to cost reductions.

But for industry to grow (so they can grow the share price) they need new products, new markets, or lower costs, and it is this last item, that means doing either more with the same, or the same with less that is causing the problem… As that means fewer workers. We are at one of those inflexion points. Apple, and Samsung, Sony and just a few others in China and the Far-East, now dominate the smartphone and tablet industry. HP, IBM and other American behemoths have shrunk or got out of the computer business altogether. Britain’s Computer industry has gone from a handful to one, producing designs for chips in smartphones, and tablets (but also increasingly servers for server farms).

The capital sitting in corporate bank accounts should be going into research, but research can take years to produce anything, and corporate execs need to deliver share price rises today, tomorrow, next week, next month, and at the end of the financial year. Not maybe, in three years time if the research proves fruitful. Much easier to buy up a new corporation that has already proved up the technology, and can be tacked on to existing business.

And so to force companies and large holders of capital to invest, we have the prospect and reality of NIRP – Negative Interest Rates Policy – already in place in 3 countries in Europe: Switzerland, Sweden, and Denmark. The ECB and Japan too is trying them, but none of them appear to be working to the extent they would like. In Switzerland, the Tax collecting service even told its taxpayers not to pay up-front, so that the money held on deposit at the banks wouldn’t be “charged”. This is monetary madness. Anyone with 6, 7 or 8 figures in a bank account should be worried. And those living from week to week, or month to month, will need to grow their income rapidly as the dollar declines.

JP Morgan (according to Satyajit Das, finance expert and author of “A Banquet of Consequences”) has speculated – sorry modelled – that -3% (negative 3%) might be necessary for the dollar. But with Bank notes, people can just take that cash out of the bank and keep it under the mattress so to speak. So Central Banks want to get rid of banknotes, and that is why they are starting with large denomination notes – the €500 note, the $100 bill et-al.

India has edged towards this by eliminating the 1,000 and 500 rupee notes, which in a country that still largely uses cash for transactions, and hundreds of millions still don’t have a bank account. This has led to mass demonstrations and mass hysteria. It may lead to social unrest as people rebel against this edict.

The Bankers use euphemisms, and downright lies to attempt to achieve this, but the moment that the U.S. does that, all those dollar bills overseas will return to U.S. shores, and the trickle of deals away from the dollar – the 30 countries that now have bilateral trade deals with China, Russia, India, and the middle-east, for oil, and commodities outside of the dollar, will become a flood – fleeing from the dollar. To what?

We can but speculate, but to my mind, Bitcoin will be one of them, and of course Gold and Silver. Of course, we may yet see governments attempt to outlaw the ownership of Bitcoin, Gold or Silver, just as was tried once before in 1933. THAT moment may arrive far sooner than many think.

Bitcoin – are there any drawbacks? What are the Risks? What if…?

The total number of Bitcoins is limited to 21,000,000,  so I hear, which sounds a lot, until you realise how many transactions there are in the world, and how much economic value people have added to the planet over the centuries. Money therefore is used to value those objects – Buildings, Corporations, and the time value of Labour, to all the products and services we take for granted in our modern world. So a modern money must be the measure we use to assign our value to these. IF therefore, Central Banks can just conjure up currency out of their printing presses, or computers, they are esentially stealing value to be created out of human labour. Whether that is a corporation that took 50 years to build, or it is someone’s work, the value of the currency itself therefore, should also reflect its time value to produce. THAT is why both Gold and Silver served our purposes so well over the millennia.

Think of the worldwide number of large corporations, sky-scrapers, huge mines, roads, motorways, bridges and tunnels built since the dawn of the Industrial age, together with their cost in materials, time, energy, and lives lost. That value runs into the hundreds or even thousands of trillions of U.S. dollars.

$200,000,000,000,000 – is reputedly, the total currency debt of the world – divided by 21,000,000 Bitcoins is 9,523,809.5238095 per Bitcoin, and that is in dollars alone.

This assumes that all other currencies go to zero, and we only use Bitcoin for our financial transactions.

Which means theoretically, it could go higher, when you add in Pounds, Yen, Euros, Rubles, Yuan, Dinar, Riyahls etc. etc.

Of course this is perhaps unrealistic, but not outside the bounds of possibility.

We also need to consider what are the pitfalls.

As Bitcoin is more widely adopted, over time there will be inevitable losses – people storing their coins on a smart-phone or flash-drive and losing it, or not backing it up, or finding out that electronic storage and strong magnets are not a good mix, or someone dying with their coins held in a smartphone, that no-one else knows about, which gets wiped and re-sold on, or given to a partner, relative or someone, who has no real interest in such electronic coins. There will be other ways that currency could be lost, so shrinking the pool of available coins, which might also lead people to not adopting them, out of fear of loss. There are those who speculate the earth could receive an Electro-Magnetic Pulse (EMP) which could lead to a major fault in the global telecomms infrastructure, killing digital coins – but with the Banks and Governments so keen to rid the world of ALL paper currencies, there is little choice except for those stand-bys of the last 5 millennia – Gold, Silver and Bronze.

Could Bitcoin go higher? Will it?

Could Bitcoin really go higher than the $1,000,000 speculated on? These are unknowns. The theoretical maximum of 21 million coins assumes that all the coins are mined, but which according to Trace Mayer, Bitcoin Expert, would take upto 140 years, as the mining rate halves every 4 years. The first such halving was in 2013 – Did this cause a price spike? (Basic law of Supply and Demand?) We don’t know for sure, but possibly; the next such halving is next year in 2017. It is possible that this time, people will front run it this time, to try to maximise their positions ahead of the reduction causing another price spike.

As I have said several times, there are about 80 different crypto-currencies. I hold over 10, and receive daily interest into my crypto-currency accounts – as can you (See below). I also have an app on my smartphone, in which I have deposited some of these coins to spend, with a QR Scan Code to make using them easier, just like I might with ApplePay(®) or the PayPal App and it is possible that I will be able to do this with all the others shortly.

There are already ways to exchange these different crypto-currencies, on exchange sites (listed below)

So, now do you think it is time to maybe check out this new currency system?

Where do I get Bitcoin, or these crypto-currencies?

Bitcoin, is available in so many places now it is almost impossible to recommend one or two sites over others, but the one site I do recommend, mostly because they set-up a number of crypto-currency [Alt-coin] accounts, simultaneously, for the price of an e-mail address, and you receive FREE daily deposits into them – albeit very small sums to begin with, but with loyalty bonuses, increasing with time and other ways to improve deposits. For those keen to promote or evangelise the site, additional bonuses are given in increasing amounts for more referrals.

You can earn upto 10 crypto-currencies, including Bitcoin, and Litecoin FREE at… Qoinpro.com, for the price of an e-mail address. Backing both horses in a two horse race may seem like wasting money or effort, but it depends on your view of risk…and the potential rewards. And in investing circles, NOT losing money is the first rule to financial security.

You can buy Gold and Silver with your crypto-currencies at: https://www.vaultoro.com   or with Fiat at  https://www.bitgold.com  or https://www.libertysilver.ee. At Liberty Silver, because it is based in Estonia, which does not charge V.A.T. on silver coins, as long as you purchase and arrange collection from their site (done via a courier) you can still legally buy your coins VAT free.

And you can trade between different crypto-currencies here at: https://shapeshift.io or at https://btc-e.com or even learn how to trade from your fiat to BTC here http://www.coindesk.com/information/how-can-i-buy-bitcoins/

 

 

I Will Survive – but will you?

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Apologies to Gloria Gaynor, for the title and the introduction…It has been some months since my last piece, and there’s been a lot of water under the bridge since then.

There’s a number of reasons for this, not least because I had a heart attack, followed by triple heart by-pass surgery leaving me away from a keyboard, and more interested in my own health, rather than the health of the world economy which was the main one.

But as my health improves, my interest in matters economic, political and financial return.

While the political seismic shift of the U.S.  election, and the inauguration of President Trump has left many foaming at the mouth, because of the media attention and focus on his shortcomings, rather than on their balanced interpretation of what he might bring to the presidency. There are many who see him as a racist, sexist, homophobic xenophobe, and they have little doubt that he will be one step away from being the devil incarnate.

For those away from California, the University Campuses and the metropolitan areas with their somewhat extremist liberal views, that is where jobs and dwindling incomes are the main topic of political discourse as the financialisation of the economy has meant that jobs in Fin-Tech, or Software have done rather well, while mass immigration has pegged workers incomes as a result of Mexicans and other migrants working in the grey economy, and competing for the entry level jobs that historically went to students, before they went onto the middle-management positions in well run corporations, but whereas changes in corporate management structure has meant that many of those well-paid middle-management and engineering jobs, the “high value-added” jobs, have gone with the industry outsourced to the Far-East, and the corporate profits earned overseas, held off-shore as corporation tax is now amongst the highest in the world at 35%. Apple reputedly holds over $1Billion overseas, yet borrows huge sums in the U.S. to reduce earnings and thus taxes at home.

I’ve also been researching Trump’s plans to reform the U.S. through major reformation of the U.S. tax code, which depending on his spending plans, and the revenue neutral elements of the tax code, he may or may not struggle to get through both houses.

What Trump’s victory changes most is the timing of economic collapse because his economic plan is bound to bring a temporary lift, even as it worsens some of the structural flaws. The effect of the flaws that have been written about elsewhere, will take more time to develop than the improvements, but probably not much more time.

So, let’s start with the positives:

Positive Economic Changes That Are Certain To Result From The Trump Triumph

Here is a list of economic changes, which I think are certain to bring a little boost to the US economy in 2017 and will likely delay the apocalyptic predictions:

It is certain that Trump’s tax plan will happen. While it may not happen entirely, something very close to it will certainly happen because Republicans have never seen a tax-reduction plan they didn’t like.

Republicans hold certain economic truisms as tightly as Biblical dogma: they believe tax cuts will pay for themselves and so will not create a huge worsening of the national debt. Every time they make tax cuts, they claim the cuts will stimulate investment, which will stimulate the economy, which means more businesses will produce more revenue, which means there will actually be more tax revenue, not less.

Whilst this may have been true at the end of the second world war, but before the Vietnam war, it hasn’t been true since.

They have never made tax cuts without increasing the federal deficit under any president since. This fact, however, never kills this dogmatic belief. Republicans also believe with religious fervour that targeting tax cuts to the rich in the form of corporate tax breaks and particularly capital gains cuts, will create new jobs and trickle down wealth to the middle class and the poor. The fact that real middle class wealth has stagnated or even shrunk since the mid-eighties, doesn’t seem to have registered.

Belief trumps truth. Since Reagan, when Republicans have control of the entire legislature and the executive branch [and will be changing the balance of the Supreme Court,] it is absolutely certain the world will see major tax reductions that will come as their third and greatest round of trickle-down economics. The plan coauthored by Larry Kudlow has all of his support with conservatives and Republicans, too. Even if Trump were removed from office, most of that plan would be introduced.

The stock market will rise…for a little while, at least. What we DO know from trickle-down economics is that it certainly does stimulate the stock market. The money that is saved on capital gains and corporate taxes and that is repatriated in corporate income from overseas largely goes into speculative gambling in stocks. Very little of it goes into capital formation, investment in new equipment, corporate construction or business expansion.

Even before any of Trump’s proposed changes have happened, we are witnessing how the mere hope of such changes has caused a huge jump of circa 15% in stock-market speculation (both volume and prices) as investors try to reposition themselves for this new reality. There was a brief stock market slump, once people started to question whether Trump’s plans would be enacted, but it didn’t last long because, as soon as Trump got into office, he moved rapidly via serial executive orders to start implementing many of his promises, quickly building faith that he will carry out most of them rapidly and with great determination.

It is unlikely though, that Trump’s infrastructure stimulus plan will make it off the ground in 2017. While Republicans are certain to approve tax breaks, they are not big on massive government spending increases. Trump will find some strong resistance among Republicans to his increased spending; at the same time, Democrats remember well how Republicans battled against Obama’s plans to increase infrastructure spending in order to stimulate the economy. According to junior Republicans who eventually came out against Speaker of the House John Boehner, this was partly because Boehner and the Republican old guard didn’t want Obama to get the credit for economic improvement. They put the good of their party over their nation’s good. So, Trump will likely find a lot of resistance there, too, as Democrats return this tactic.

Spending will certainly increase in one area — the military. Republicans have proven for decades that no deficit is too big if it is going toward building a stronger military especially as the media’s latest bogey-man – Vladimir Putin – receives the public ire, as they are fired up with their false agenda stories of interference in Western democratic independence.

They’ll also find support among Democrats for this, who have just as many wealthy donors in the military-industrial complex as Republicans do. They’ll also find a lot of support among the religious conservatives — because conservatives like for America to be the strongest nation on earth. Besides being macho, defense and security have a strong argument behind them in a world full of terrorists. While Trump might wish to improve relations with Russia, he will be restricted by a aggressive media. He is also antagonizing relations with China.

The US, under Obama, was already acting more aggressively in the South China Sea in order to keep China from controlling secondary trade routes. Trump will build on Obama’s lead there, and his trade battles with China may intensify conflict with China overall. Trump has stated loud and clear that the US military will be ready to look out for Japan’s national interests. At the same time, North Korea is picking a fight in order to beat its chest, which presses Trump to take some action against them. That may come about just as sanctions, but could involve some military sabre rattling or counter-measures from the US that could escalate matters. Trump will take a greater lead than Obama did against terrorists in the Middle East, as he was critical of Obama’s restrained and somewhat ineffective efforts. Expect a more aggressive anti-terrorist policy therefore. That means, as under Reagan, increased military spending will be more important than increased infrastructure spending, but military spending also stimulates the economy by creating jobs and boosting a number of major stocks. Making something to use once – such as a missile, bomb or bullet, is always though, a waste of money.

Economically, those are all strong short-term positives, regardless of what they bring further down the road. BUT… the U.S. is already in what Austrian Economists call a “crack-up boom” according to the data being collected by one commentator – Cliff High – suggesting that the economic collapse WILL happen on Trump’s watch, probably later this year. (See this:)

In spite of these certain positive economic changes for 2017, there remains a countervailing globalist force that has already presided over numerous economic failures of its own making. These people will relentlessly attack Trump, and they will seek to pin their own failing recovery on him. Such an entrenched counterforce makes it impossible to say how much temporary good Trump’s economic policies can bring. Trump starts in a world where globalists have long ruled the nation’s central bank, which they have positioned to create US economic hegemony. Trump can change that over time, but probably doesn’t have enough time before the collapse is triggered. Also, his lineup of Goldman Sachs executives in all financial offices of the US says that he won’t. Globalists are also deeply entrenched in US intelligence agencies and the military leadership, where they have engaged in relentless nation building as they seek to shape the world toward the interests of their own corporate, political and financial establishment while also working in alliance with the interests of the UK and the rest of Europe.

They will do anything they can to restrain Trump’s plans to drain the swamp in Washington as well as his plans to align with Russia on terrorism in the middle-east, and his plans to diminish nation-building efforts. How far and how quickly he can push against their resistance depends entirely on his and his followers’ ability to overcome deeply entrenched globalist powers that have steered the nations of “the West” for decades. All globalists in the world will oppose Trump.

Globalist are first trying to groom and massage Trump into their ways. They are also trying to thwart him through fake news in the media, slanted stories, political attacks, and by stirring up chaos and counter-revolution wherever possible. Even Obama has formed a foundation to try to muster as many protests against Trump as possible. And the Clinton Foundation has been behind many international wars and humanitarian crises that have been used to the ends of the U.S. (See this piece:)

To the extent those efforts fail to stop or change Trump, the financial establishment will, in the very least, try to make him the scapegoat for the failure of their past eight years of badly misguided recovery efforts.

If they cannot impeach him, as some are already working toward, the ultimate risk for Trump and his supporters is that the establishment will assassinate him. This risk is real enough. For the first time in the history of the US (that I am aware of), we witnessed the nation’s largest mainstream news source (CNN) actually releasing one of the most important non-news stories it could trump up during the inauguration, which was a “what-if” story about how US leadership roles would be assigned if Trump was assassinated on the day Obama’s leadership expired but just before Trump got inaugurated.

That such a concern made it as a main CNN story shows there are many mainstream thinkers who see assassination as a realistic possibility, not as some hysterical conspiracy theory. CNN saw it as enough of a likelihood already in the public mind to make it useful fake news (fake in the sense that it filled news time but is not news at all, but (for the moment) pure fiction that teases liberal minds with a kind of “final solution” hope). Trump is Hitler, according to liberal mass hysteria (just as much as Hillary Clinton was Hitlery to conservatives). Both sides routinely demonize their opposition. As the flagship of the liberal media, CNN planted deep the implied seed of hope that Trump might be taken care of with a final solution aimed just at him. Of course, they would deny that they were raising incendiary hopes among liberal Trump haters.

Now that the revolution and counter-revolution have begun, there is no way I can say which force will dominate by the end of 2017, given the immensity of the forces, the entrenchment of the old guard, the resolution of the Trump revolutionaries, the huge flaws existing in the US and global economies, and the economic headwinds that will hit the U.S. down the road. What I can point out is that the globalists clearly begin with the upper hand by far, and they are certainly not going to give up. In fact, they are only beginning to implement their strategies to overcome Trump because they did not believe they would lose the election.

One of the things I learned about in early 2016 was how the Federal Reserve board held two back-to-back “emergency, closed-door meetings” (as described on the Fed’s own published calendar) followed by an immediate “emergency meeting” between Fed Chair, Janet Yellen, and the President and Vice President of the United States. After those meetings, the stock crash that had begun in January and somewhat recovered in February evaporated, and stocks moved continuously toward recovering all lost ground. We were never told what any of those meetings were about, but meetings between the Fed chair and the president rarely happen, and meetings including the V.P. almost never happen. That indicates some level of emergency that the vice president also needed to be fully informed on.

It has also been my belief all along that, if Trump did win (which I believed a better likelihood than Hillary), the Federal Reserve would capitalize on it. I have no doubt that globalists have plans for every contingency. With their recovery failing again (as we saw GDP cascade in the final quarter of 2016), the establishment would be more than happy to let it crash after the election, but most likely not until after Obama was out of office and it was likely they could blame it on Trump.

I have said for years that the Fed’s “recovery” during the Obama administration can only live as long as artificial life support continues. That support still continues intensely through the Fed holding indefinitely the huge expansion of its balance sheet (which leverages out to an historically enormous pool of new money continuing to float the economy) and through the Fed’s continuance of extremely low interest rates. (While raising interest rates now, still remain the lowest they have been in modern history, outside of the Great Recession.)

I’ve believed that, if globalists got a Trump victory, they would even collapse the economy deliberately, if it were not already failing, because they would love to decapitate their newly risen opposition by making people believe that the entire global economy collapsed because of Trump’s interruption to their plans. They would hope that would slam a lid on revolutionaries against globalism, teaching them once and for all that their individualism and nationalistic, anti-socialist ways bring only rapid calamity.

I think they recognize that, if a global collapse happens on Trump’s watch, many people will look desperately for a global solution from those who appeared to be having success with restoring the economy before he came into office. Many people do not see that the Fed’s recovery was only kept alive by endless and massive administrations of artificial life support. Many people also do not see or believe that the economic flaws of the US and many other nations are fatal or even important — such as the size of national debts, the vanity of fiat currencies, the dangers of financing national debts with massive infusions of such currency. They don’t believe that expanding personal debt to individual limits leads to enslavement as does national debt — enslavement to bankers. They even believe that banks and government have done the right things to reduce the risks of another economic crisis like we had from 2007 to 2009 in the Great Recession.

In fact, the opening title to this piece was carefully chosen, because there are many like me, who have been expecting and preparing for this forthcoming collapse even as jobs have been harder to come by and incomes were reduced by mass immigration. Even my wife has had to apply for her own job, as the corporation she works for wanted to reduce the numbers in her department, all in this ever increasing effort to reduce costs, grow revenue and grow shareholder value.

But despite my best efforts to interest her in this subject matter, she continues to bury her head in the sand, just (if I can be politically incorrect for a moment) because like most women, she is more interested in personality, rather than policy, and she believes the politicians will figure it out, and she won’t have to worry about it because she can’t do anything about it anyway (so she says).

So, it will not be hard to find a majority of the populace that will join the mainstream media and the establishment politicians in blaming Trump when the entire global economy goes down the toilet. Trump’s provocative mouth, his brazen plans, his sometimes brash execution of those plans, along with his narcissism and often clownish behavior, make him a ripe target as a grand scapegoat. (I think even most conservatives would have to admit to themselves here that, if Trump were carrying out a totally liberal agenda, they would find plentiful stock for ridicule in Trump’s showy, boastful, and brash behavior. It won’t be hard for his opponents to do the same.)

So, if the establishment doesn’t assassinate him (now a mainstream idea), they will likely make him a scapegoat to carry away their own sins. All of that places the likelihood of the start of an economic collapse sometime later in 2017 as a racing certainty.

Just Another Fake News Story?

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Whilst browsing the internet, I come across many things, that deserve a wider audience, but am unable to offer any further evidence of these sometimes outlandish claims. Not so today.

This piece linked to below, really revolves around a much talked about subject, and one I have myself been involved in writing about, so this piece would appear to add further credence to the mystery.

http://themillenniumreport.com/2016/10/treason-who-did-911-and-why-did-they-do-it/

Who was responsible for 9/11?  WHY did they carry out the attacks of the World Trade Center (WTC)?  And if two planes brought down buildings one and two, how did building 7, a block or two away, across a wide expanse, collapse vertically, and yet was still upright when a BBC news anchor with a live link behind her, showing the building – that could be seen by all those sufficiently awake to notice, – was still visible, while we were being told that the building had already gone down?

The piece linked to above reads like an episode of: “The Bourne Trilogy” with a cast of characters taken from: Politics, Corporate Energy, Mafia and Banking Interests across the western world. I wrote too in the book  “The Coming Battle – 2013”  that events were spiralling out of control.

General Wesley Clark in a video interview explained that he was told in advance of plans to intervene in seven middle-eastern countries, all based on the lie of 9/11… The latest in a long line of black-ops “False-Flag” events, that were used to sway American -and in this case – worldwide opinion to permit those with their own agenda to influence events. And he also discussed what happened next and he recalled how the decision was taken back in 1991 –

It used to be that the propagandists with people inside the military and secret service industries, could modify the News agenda to get the outcomes that they wanted, and due to secrecy laws, their misdeeds would go unpunished for thirty years or more until after the secret documents could be widely accessed. BUT, the Internet has changed all that. The Mainstream News Organisations (MSM) exist to make money for their shareholders and senior management teams – and the corporations that advertise and market their wares on them, are generally large multi-nationals – the very corporations that the MSM is supposed to be keeping a beady eye on, in its role as defender of the public and the customer,  are the very same ones using politics to pursue their own agenda.

As ever, “He who pays the piper, calls the tune.”

So, as corruption apparently swirls around the world, I hear of imminent plans to rid the world of physical coins and notes – particularly in America, where many of the U.S.’s states, and institutions are seemingly hell-bent on destroying the last vestige of freedom – the freedom to spend as you like – by outlawing payment in anything other than digital means.

So will Gold and Silver be once more used to “Barter” with?

Will the closure of your bank, be the event that makes you take action?

Will the ATM closing, or your Bank closing one weekend and not re-opening again on Monday make you take action?

Will the disappearance of your pension fund make you take action?

The time has come.