[Most Recent Quotes from www.kitco.com]

Smith: End of the Line

The economy has surpassed all normal ebbs and flows, corrections, by approximately five years, since on average in each past cycle it rose for 56 months before collapsing. We’re about four and a half years past that point and our economy is only now “cooling”. We’re just about due for another economic recession, if not a collapse that makes 2008 look small. We’re at the end of the line. ~ Justin O Smith

The U.S. spends almost a third of its revenue on interest payments alone, it doesn’t seem like it can afford to pay much more.

The national debt, ever on the rise, currently sits at around $22 trillion. Continue reading

Posted in Viewpoint | Comments Off on Smith: End of the Line

Dateline: February 5, 2019

The Coming Pension Fund Disaster
Get ready for a new era of precious metals investor. That’s correct. Up until now, the primary buyer of gold and silver have been the older generation, 40-65+, but that will all change when the next financial crisis hits. The Millennials, or those in the 23-38 age group, have participated less in the stock market…… (Continue to full article)

Central Bank Gold Purchases Hit A Record In 2018
Official gold purchases reached a new record in 2018 as central banks continued to diversify away from the U.S. Dollar. Not only was 2018 a banner year for central bank gold purchases, but it was also the highest amount for more than five decades. Central banks haven’t bought this much gold in one year since…… (Continue to full article)

The next recession will sweep the Socialists into power
We’re overdue for a recession and the socialist are already waiting in the wings to seize power… (Continue to full article)

World’s Biggest Pension Fund Suffers Record Collapse In Q4
“We can’t be optimistic about the investment performance toward March.” “There’s no need to be pessimistic just because GPIF would incur loss on its investment on a quarterly basis,”
… (Continue to full article)

A Bull Market To Eclipse All Bull Markets: When Gold Takes-Out $1400 It Probably Won’t Look Back
only will gold spike higher, but there will be little opportunity to buy gold on dips or pullbacks (spoiler alert: because there may not be any)…… (Continue to full article)

Fed Crumbles and Seals the Dollar’s Fate
The Fed didn’t just fold last Wednesday, it crumpled, capitulated. A long time ago we had figured out that when push came to shove, this is what it would do. However, we thought that it would take a market crash to force it to change course, in order that it could use that as solid justification for a U-turn, instead of which it only took a crashlet, or the start of a crash… (Continue to full article)

De Gaulle Convinced No US Gold Left
Could THIS be the real reason Nixon closed the window – to keep these accusations hidden? Gold Reserves are supposed to be just what they are called, Reserves to back the currency and the stability of the country. In spite of that many countries like the USA, UK and Switzerland have reduced their reserves significantly. Switzerland and the UK sold most of their gold at rock bottom prices at the end of the 1990s. The US had 20,000 tonnes at the end of the 1950s but then sold 12,000 tonnes between 1958 and 1971. Looking at the chart below, the US stopped selling gold after Nixon had closed the gold window in August 1971. One might ask if they have actually stopped selling or if they have just stopped reporting the sales… (Continue to full article)

Crypto exchange customers can’t access $190 million after CEO dies with sole password
customers of Canadian crypto exchange QuadrigaCX wish its founder, Gerald Cotten, had ignored this advice. Cotten, who reportedly died in December 2018, took with him a costly piece of information — the password to access the customers’ digital currency, which is being held in cold storage. Cold storage is where a holder of crypto assets — in this case, the exchange — keeps the coins offline, or not on a computer or server. While cold storage mitigates the risk of a hack, access to the coins often requires passwords and encrypted codes for the devices that are holding the cryptocurrency. And now the debacle has hit the courts… (Continue to full article)

Life, Liberty & All That Jazz is heard at 1:00 p.m. (Eastern Time) each Tuesday, Thursday and Friday on The Micro Effect. Topics covered will include Cancer and other Health related issues (To Health With You airs Wednesday at 11:00 a.m. Eastern Time for two hours), the debacle in our public education system, Economics and how they affect us all and other issues.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: February 5, 2019

Deadline ~ February 4, 2019

DEheadlines_orig

Mexico is starting to look like Venezuela
The storybook example of what happens to a country gripped by corrupt socialism. So they all want to come to Estados Unidos and hook up with Cortez from New Yawk and turn the US into Mexico, or Venezuela or… (Continue to full article)

PG&E To File Bankruptcy Within Hours; Joins Lehman And WorldCom In Tragic Ranking
When it files for bankruptcy some time in the next 12 hours, PG&E will become the third largest IG default since 1999, behind Lehman and Worldcom, with $17.5bn of index eligible debt. And then they will get off Scott Free for the damages and losses due to the California fires. Where in the Hell is Brockovitch??? (Continue to full article)

Ten Factors To Look For In Gold In 2019
Gold is massively under-owned in the west…Better get your’s NOW while the getting is good. It’s over $1,300 an ounce as we speak… (Continue to full article)

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), on Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Arizona Legislator Proposes Securing State Reserves with Gold and Silver
An Arizona legislator has put forward a bill to de-risk the state’s financial holdings with a modest allocation to physical gold and silver in the state’s reserve fund. Introduced by Representative Mark Finchem (R-Tucson), the Arizona Sound Money Stabilization Act (HB 2500) requires that at least 10% of Arizona’s Budget Stabilization Fund be held in the monetary metals in a secure depository… (Continue to full article)

Wyoming Legislators Want State to De-Risk Investments by Holding Gold and Silver
A group of Wyoming legislators have introduced three bills to de-risk the state’s financial holdings with modest allocations to physical gold and silver in the state’s pension fund, reserve fund, and mineral trust fund… (Continue to full article)


Gold Breaks Through $1,300, Set to Push Higher in 2019

The gold price finally pierced resistance at $1,300 on Friday, hitting a 7-month high! Why is this important? The $1,300 level has been pesky resistance roughly 12 times over the past 3 to 4 years. A definitive move above this price is a bullish signal that could create a little FOMO (fear of missing out) in the gold market.It is a psychological price…… (Continue to full article)


Collapse Is Already Here

Many people are expecting some degree of approaching collapse — be it economic, environmental and/or societal — thinking that they’ll recognize the danger signs in time. As if it will be completely obvious, like a Hollywood blockbuster. Complete with clear warnings from scientists, politicians and the media. And everyone can then get busy either… (Continue to full article)

GOLD – THE ONLY SAFE PLACE
In 2019 the investment world will start to realize that asset markets don’t grow to heaven as stocks, bonds and property start their long journey down which will eventually lead to declines of 75% to 95% in real terms. But the major risk is not just investment markets. Just as important is counterparty risk which too few investors are concerned about. Anyone who wants to protect their wealth should not be invested in any of the bubble asset ma… (Continue to full article)

Life, Liberty & All That Jazz may be heard at 1:00 p.m. (Eastern Time) each Tuesday, Thursday and Friday on The Micro Effect. Topics covered will those of an economic nature, in addition to Health, the debacle in our public education system, and other issues.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Deadline ~ February 4, 2019

Let’s get to the kiddies…

Yes – it’s right on the back of a box of Honey Nut Cheerios!

Posted in Double Eagle Headlines | Comments Off on Let’s get to the kiddies…

A Message for Trump: Expanded and Clarified as of January 23, 2019

Mr. President Trump, Sir: you are working tirelessly, against tremendous odds, to carry out your mission in life, which is to “Make America Great Again”.

I propose to you a measure fully in accord with your vision of a great, united nation of America, working for prosperity; a measure that conveys a fundamental message of inspiration for the American people. The greatness of a nation flowers when its moral stature is elevated, and such is the object of the measure that I suggest to you. Continue reading

Posted in The Price is Right | Comments Off on A Message for Trump: Expanded and Clarified as of January 23, 2019

Ass-essment

I wonder if all the newsletter folks…Bix, David “Silver Gorilla” Morgan, Jim “Golden Asshole” Wiley, Lynette Zang and the rest…throw big parties at the end of the year…to count their newsletter money (green paper, fiat money) and have a good laugh at us PM investors and what suckers we are for listening to them. Some of them might compete to see who can come up with the most outrageous prediction that we suckers will believe.

Biz to his pals; “Hey Lynette and you too, Silver Gorilla. Check it out. Next week I’m going to predict that aliens will invade us from mars, and force us back on to a BTC crypto standard. And the aliens will get drunk on Jack and crash a space ship into the White House… at which point, silver will shoot up to 750,000 grand an ounce. hahahahaha.” ~ Silver Burner

The above is what I have been telling my listeners and customers for many years. STOP listening to the newsletter salesmen and women. Use your common sense and maintain your privacy. STOP listening to and reading these phony promises – or you’ll wind up with ‘Beavis and Butthead‘ syndrome. Do you get it – Cornholio? Heed the warnings. ~ JB.

Posted in Let's Get Physical | Comments Off on Ass-essment

Deadline: January 24, 2019

DEheadlines_orig

How low will the S&P 500 go?
Every trader’s secret wish is to be psychic. If we could only know in advance whether the market was going to go up or down. Well, good luck trying to predict next year’s return—or even just tomorrow’s. But surprisingly, there are several recognized methods for projecting the S&P 500’s return in the next 7 to 15 years… (Continue to full article)

Trader says he has ‘no money at risk,’ then promptly loses almost 2,000%
Famous last words. Even one of the group’s moderators pleaded, “DO NOT DO THIS,” pointing out the potential downside. But that didn’t stop 1R0NYMAN. In fact, he apparently managed to withdraw $10,000 before it all hit the fan. And hit the fan it did… (Continue to full article)

Stocks Plunge, Consumer Pessimism Grows And U.S. Home Sales Just Hit Their Lowest Level In 3 Years
It appears to be more likely than ever that the U.S. economy is heading for a recession. On Tuesday, the Dow Jones Industrial Average was down 301 points as investors were rattled by several very important pieces of news. Back in 2008, home sales began to fall precipitously just prior to the financial crisis in the second half of that year, and now it is happening again… (Continue to full article)

U.S. Government Debt Bomb Much Higher Than Americans Realize
The U.S. Federal debt bomb continues to increase, even with the government shut down. In just one day, the U.S. public debt increased $50 billion on Jan 15th. While the total outstanding Federal debt has now reached nearly $22 trillion, it doesn’t include all U.S. government debt… (Continue to full article)

How California stayed with gold when the rest of the U.S. adopted fiat money…
We are ten years into the age of bitcoin. But people are still using national currencies like yen, dollars, and pounds to buy things. What does history have to say about switches from one type of monetary system to another? In this post I’ll dig for lessons from California’s successful resistance to a fiat standard that was imposed on it in the 1860s by the rest of the U.S…. (Continue to full article)

Why Silver & Barter Could Become the Alternative to Cryptocurrency
So, are you suggesting that we may see a shift to Silver by private individuals as the only way to sidestep Government stupidity, or will it be even worse, like trading whiskey for toilet paper??? Once you eliminate the freedom that paper money provides, the government may believe it will get 100% of every tax it ever dreamed of but the underground economy will flip to barter. As far as silver is concerned, I would prefer silver coins that are recognizable to the average person… (Continue to full article)

Life, Liberty & All That Jazz may be heard at 1:00 p.m. (Eastern Time) each Tuesday, Thursday and Friday on The Micro Effect. Topics covered will those of an economic nature, in addition to Health, the debacle in our public education system, and other issues.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Deadline: January 24, 2019

Here’s What an American Economic Collapse Could Actually Look Like

(And How It May Be a Lot Different Than Folks Expect)

When we think of “economic collapse” our imaginations usually lead us immediately to the desperation we’ve witnessed in places like Venezuela or Greece. We think of starvation, a complete lack of medical care, and waves of suicide by people who simply can’t survive. We imagine an apocalyptic societal breakdown that is immediately visible.

Here in America, I suspect the collapse is going to look a lot different than it has in these other countries…at least, at first. And in my description, it’s entirely likely you’ll see that many of these signs have been happening all around us for years. Continue reading

Posted in The Mine or the Shaft | Comments Off on Here’s What an American Economic Collapse Could Actually Look Like