[Most Recent Quotes from www.kitco.com]

The Nation is Busted

My bills are all due and the baby needs shoes and I’m busted
Cotton is down to a quarter a pound, but I’m busted
I got a cow that went dry and a hen that won’t lay
A big stack of bills that gets bigger each day
The county’s gonna haul my belongings away cause I’m busted… Continue reading

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Dateline: April 23, 2019

DEheadlines_orig

Social Security Earned A Pitiful 2.8% On Your Money Last Year
The Board of Trustees itself calculates Social Security’s long-term shortfall at a mind boggling $43+ TRILLION. Simply put, the trust funds don’t have enough money to keep the programs going, at least under the current promises…. (Continue to full article)

US Supreme Court Signals Support For Trump 2020 Census Citizenship Question
The Constitution requires that the government survey all “persons” living in the United States each decade. Until 1950, the census regularly asked about citizenship – however it was discontinued out of fears that it would harm participation.

Commerce Secretary Wilbur Ross, who oversees the census, has indicated that he wants to reinstate the question at the request of the Justice Department in order to improve enforcement of the federal voting rights law… (Continue to full article)

New Home Sales Soar To 16-Month Highs As Price Plunges
New home sales were expected to retrace some of February’s gains but in a reversal of yesterday’s dismal drop in existing home sales, new home sales in March soared 4.5% higher MoM (and February was revised stronger from +4.9% MoM to +5.9% MoM).

This is the 3rd straight month of rising new home sales… (Continue to full article)

A cup o’ Joe and a banned cartoon from 1943. Donald Duck – banned? …and now Kate Smith? What is this world coming to?

You Can Bet The Farm Basel III Is Causing Banks To Scramble For Physical Gold
Unprecedented things are happening at the COMEX, and the banks are scrambling for not just gold, but also silver… (Continue to full article)

Gold & Silver Taken Behind The Woodshed For A Sixth Day In A Row
The beatings will continue until moral improves… Gold & silver have been hit every morning for the last six trading days. At least… (Continue to full article)

Starving Venezuelan Women Sell Their Hair To Buy Food
HEY – AOC: In socialist Venezuela, women have taken to selling their hair in order to avoid starving to death. An increasing number of women are abandoning their long locks in exchange for a few dollars just so they can survive… (Continue to full article)

US Existing Home Sales Tank In March
According to the National Association of Realtors (NAR), existing home sales tanked -5.44% YoY in March… (Continue to full article)

Russia’s 2019 Gold Rush Continues: Buys 600,000 Ounces of Gold In March
Russia buys 18.7 tonnes of gold bullion in March 2019. Russia’s official gold holdings are now 2,150.5 tonnes which as a percent of foreign exchange reserves in gold is 19.1%. Russia liquidated 85% of its US Treasury holdings in just…… (Continue to full article)

54 Million Ounces Of US Gold Located At West Point
IS IT TRUE??? This is one of those rare finds that can help to disprove some of the noise that travels around. Just as Russia allowed a camera crew inside their central bank vault to showcase all their gold holdings, it seems that Fox News in New York was granted a very rare glimpse inside the West Point Mint where you will find 54 million ounces of gold stacked in bars and coin… (Continue to full article)

Nobody Does It Better: The Amount Of Human Feces On San Francisco Streets Is Going Up Every Single Year
OH, YOU DO THAT DO-DO, THAT YOU DO SO WELL! Oh c’mon – you must be shitting me? Sometimes the best metaphors come from real life. Today, San Francisco has eclipsed Los Angeles and has become the most important city in America’s most heavily populated state. It is the central hub of our tech industry, in many ways it is one of the epicenters of our national moral decay, and the most powerful Democrat in the entire country calls it her home. So somehow it seems appropriate that the city is literally covered in human feces, and the problem is getting worse with each passing year… (Continue to full article)

Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973 …
The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to remove a Republican president from office. In many ways, 2019 is starting to look a lot like 1973. For many Americans, the 1970s represent a rather depressing chapter in U.S. history that they would just like to forget, but the truth is that if we do not learn from history it is much more likely that we will repeat our mistakes… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each 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.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: April 23, 2019

This Is Their Plan To F**k You

The ruling oligarchs are running out of time.

This teetering edifice of debt is going to collapse, and they know it.

Those with cash and precious metals are enemies of the state at this point.

They will be making an all-out effort to ban cash and force all transactions to be electronic. This will further enrich the banking cabal, as they get a hefty slice of every transaction.

It will also allow the ruling class to inflict negative interest rates on savings to force you to spend.

I don’t think there will be enough guillotines to dispense justice when the shit hits the fan. Continue reading

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How Fascism Comes To America

I think there are really only two good reasons for having a significant amount of money: To maintain a high standard of living and to ensure your personal freedom. There are other, lesser reasons, of course, including: to prove you can do it, to compensate for failings in other things, to impress others, to leave a legacy, to help perpetuate your genes, or maybe because you just can’t think of something better to do with your time. Continue reading

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How Countries Fall Into The Welfare Trap

People like the welfare state because they suppose that it comes at no costs and provides many benefits. If people knew how much the present consumption of social benefits entails less prosperity in the future, the population would have a critical attitude towards the welfare state and politicians would have a harder time selling their fraud. Just as a society that ranks security over liberty loses both, a society that attributes a higher value to social benefits than to wealth creation ends up with neither wealth nor benefits. Continue reading

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Dateline: April 18, 2019

DEheadlines_orig

Manipulation of the Gold Price Is As Evil As Nazi Expropriation
Just as the Nazis manipulated currency during their expropriation of Europe, the rigging of gold prices globally is a similar evil…. (Continue to full article)

After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
On July 21, 2011, when the GAO released its audit of the Federal Reserve’s secret $16.1 trillion in bank loans during the financial crisis, a foreign bank ranked number 9 on the list of the largest borrowers. The loans went not just to the largest banks on Wall Street but to foreign derivative counterparties to the Wall Street banks. The foreign bank that ranked 9 on the list of the largest borrowers was Germany’s largest bank, Deutsche Bank, which took $354 billion in revolving loans from the U.S. Federal Reserve. According to an article in the Financial Times last week… (Continue to full article)

Silver versus Debt, Delusions and Devaluation
Debt is too high and has reached, as it did in 2008, exhaustion levels. Perhaps the central banks of the world can “goose” markets higher and sustain a dangerous system, but the consequence will be falling currencies, devaluation, and more debt. There is a limit to how many heroin fixes a body can withstand. There is a limit to how many debt fixes an economy can absorb. Silver prices are too low based on five decades of history and via comparisons to national debt, the S&P 500 Index and gold. Expect silver prices to rise far higher in coming years as the over-leveraged financial system resets and rebalances… (Continue to full article)

A bit of wine, a bit of cheese, a bit of onion and a night of Tango ~  My dreams of the Darkness…

Is The Stock Market Rally A Complete Fraud? Let’s Take A Look…
Isn’t it a little strange, that the single most important asset classes for reflating the financial system (the S&P 500, junk bonds, and oil) all moved in in a near perfectly straight line upwards. “You just don’t get straight lines in finance.” If you see a straight line in finance… it’s a fraud…. (Continue to full article)

Counterfeiting Money Is A Crime – Whether Done By The Fed Or A Private Individual
There’s no difference in the economic consequences to society between the Fed creating money out of thin air and a counterfeiter doing the same… (Continue to full article)

Notre Dame Cathedral: An Uneasy Yet Simplistic Metaphor For The Decline Of The West
The terrible fire at the Notre-Dame Cathedral reminds us how quickly centuries of accumulated “cultural capital” can be destroyed. Oak timbers dating from the 1200s in the roof and spire were lost forever; some priceless stained glass windows appear to have suffered damage. As the saying goes, France is the heart of the West, Paris is the heart of France, and Notre Dame is the heart of Paris—and as such the sight of the iconic church ablaze makes an uneasy if simplistic metaphor for the decline of the West… (Continue to full article)

It’s Only April, And U.S. Retailers Have Already Closed More Stores Than They Did ALL Of Last Year
If the U.S. economy is in good shape, why have retailers already shuttered more stores than they did in all of 2018? Not only that, we are also on pace to absolutely shatter the all-time record for store closures in a single year by more than 50 percent. Yes, Internet commerce is growing, but the Internet has been around for several decades now. It isn’t as if this threat just suddenly materialized. As Internet commerce continues to slowly expand, we would expect to see a steady drip of brick and mortar stores close, but instead what we are witnessing is an avalanche… (Continue to full article)

SOCIAL SECURITY PONZI SCHEME DOOMED: SOCIALISM FAILS EVERY TIME
The social security Ponzi scheme is failing quickly. Most of us alive right now will get to witness one of socialism’s most epic failures when it collapses. Politicians are now stuck because they want to expand, not cut, benefits while adding a tax increase that is simply unaffordable for the majority… (Continue to full article)

Gold: Is $1,280 A Floor Or A Sponge?
Global stock and bond markets continue to be driven by the macros of a possible trade deal, accommodative central banks, weaker earnings, continued stock buybacks, and rising government debt. Gold is driven by these same macros, but it has the additional price driver of seasonal Chindian physical market demand. It’s currently the soft season for physical demand, but the rest of the price drivers are quite positive… (Continue to full article)

SILVER SHORTAGES are HERE and GOLD SCARCITY is COMING
MMT is the socialists’ dream. It officially stands for Modern Monetary Theory but a more appropriate name would be More Money Theory. Because MMT is just a fancy name to justify more money printing, more deficits and more debts. Socialists love MMT, because for a sovereign nation, it justifies constantly living above your means… (Continue to full article)

Gold Is Flying Off the Shelf – Massive 228.6% Increase In Gold Acquisitions
You’d think this stuff is finite or something the way the sales of gold have increased over the past two years! The month over month gold sales for the Perth Mint climbed more than 65% but the far more important is year over year shows a very healthy increase as well… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each 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.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: April 18, 2019

Dateline: April 10, 2019

DEheadlines_orig

Russia Dumps U.S. Dollars and Buys Gold As “Safety Metal”
Putin’s quest to break Russia’s reliance on the U.S. dollar has set off a literal gold rush… (Continue to full article)

Financial Tyranny: America Has Become A Pay-to-Play Exercise In Fascism
…if we don’t have the right to decide what happens to our hard-earned cash, then we don’t have any rights at all…This is nothing less than financial tyranny.“… (Continue to full article)

Wall Street Bank CEOs Head for Grilling … on Capitol Hill
The Democrats are now in charge at the U.S. House of Representatives’ Financial Services Committee and they’re proving that they’re not afraid to take on the legions of Wall Street lobbyists and lawyers in order to do their job… (Continue to full article)

Yeah Baby, Brewing coffee at the same time preparing breakfast, a rousing rush of Wednesday morning Woody Guthrie in the background …. Makes it a great morning!!!

Three Main Developments In Silver Suggest The Outlook Is ‘Positive’
Recent developments suggest the outlook is good for silver, and the developments are both fundamental and technical in nature… (Continue to full article)

The Dollar Will Crash: Printing More Dollars Will Not Save The US Economy
Trump’s views on the Fed are all over the place, but printing more money will not save the US economy. The most recent news is that Trump is calling for more quantitative easing. Essentially, he’s calling for more money to be printed at the Fed. He’s also talking about putting Herman Cain in at the Fed. This is simply more evidence that to him, the problem is not the Fed, it’s how the Fed is indebting people and that they need to indebt people “differently.”… (Continue to full article)

Gold Will Move Long-Term As People Perceive The Dollar’s Demise Is Near, Not Because Of Inflation
If you read gold analysis much, you will come across two ideas. One, inflation so-called (rising consumer prices) is not only running much higher than the official statistic, but is about to really start skyrocketing. Two buy gold because gold will hedge it. That is, the price of gold will go up as fast, or faster, than the price of consumer goods… (Continue to full article)

America’s Debt CRISIS: Consumer Credit Card Debt Continues To Rise
American consumers continue to spend money they don’t have by borrowing it. As the problems in the economy compound, the rising levels of consumer credit card debt could make any economic downturn all but impossible for so many to come out unscathed… (Continue to full article)

Uh Oh: The Number Of Job Openings In The U.S. Dropped By More Than Half A Million In Just One Month
According to the Labor Department, the number of job openings in the United States just plunged by the largest amount we have seen in nearly four years. The latest JOLTS report shows that the number of job openings has declined by 538,000, and that is a really big number for just a single month. But we shouldn’t be surprised by this at all, because it is perfectly consistent with all of the other dismal economic numbers that have been coming in recently… (Continue to full article)

Bank Admits Fiat Currencies Are Failing and Cryptocurrencies May Replace Them
As the transition towards a blockchain based economy continues, the established financial powers are desperately trying to stay relevant. In an attempt to boost their credibility, analysts at Deutsche Bank are finally admitting that state-run fiat currencies are becoming obsolete… (Continue to full article)

Banks Are Scheming to Dominate a Future Cashless Society
Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments. As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign. Under the guise of increasing transparency and efficiency, they’ve partnered with governments around the world to help convert financial systems into cashless models, but their real incentive is the billions of dollars in extra transaction fees it would generate… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each 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.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: April 10, 2019

What’s the track record of paper currencies?

“If you want to know when a society vanishes… watch money. Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of moral existence.” ~ Ayn Rand

Paper currency was introduced by the Chinese over 825 years ago. After a pretty good run as a “money substitute,” the authorities got carried away with new issuance, and their currency declined to its intrinsic worth – the value of the ink and paper it was printed on, i.e. essentially zero.

Since then, countries around the globe have followed this path, each time with the same results. Make an Internet search for the American Continental, the French Assignat, or the German Mark of the 1920’s. Consider the Chinese yuan, which traded at par with the U.S. dollar in 1927. Its “value” in 1949, just 22 years later was 23,280,000 yuan to the dollar. Continue reading

Posted in Let's Get Physical, Out of the Past | Comments Off on What’s the track record of paper currencies?