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If You Don’t Work, You Die

From the National Vital Statistics System of the USA, we gather the following information:

Total number of deaths in the US, in the course of the year 2018: 2,839,205.

From World-O-Meters, we gather the following information:

Total coronavirus cases in US, as of March 31, 2020: 211,271.

Total US deaths attributed to coronavirus infection: 4,716 = 2.23% of total cases. Continue reading

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They sure ’nuff Stim-U’d US

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End of the Line?: Aril 4, 2020

This Is What Economic Collapse Looks Like
Approximately ten million Americans have filed new claims for unemployment benefits over the past two weeks. To put that in perspective, the all-time record for a single week before this coronavirus pandemic hit was just 695,000. So needless to say, 6.6 million claims in a single week puts us in uncharted territory.

We have never seen a week like this before, and we may never see a week quite this bad again. Of course millions more jobs will be lost in the months ahead as this pandemic stretches on, but it is hard to imagine another spike like we just had. When you add the last two weeks together, somewhere around 10 million Americans have filed new unemployment claims during that time period… (Continue to full article)

How high is gold price going next week? It all depends on these 3 factors
Analysts have pointed to three key drivers that could take gold higher next week as the massive impact of the COVID-19 outbreak is starting to be reflected in the negative macro data coming out of the U.S. and Europe.

The overall sentiment is bullish for gold next week with the U.S. dollar, safe-haven demand, and heightened volatility selected as the top three triggers that could push the yellow metal higher in the short term… (Continue to full article)

Americans Are in For a Rude Awakening
All eyes have been on the stock market in recent weeks as it has reflected the fears about the coronavirus-induced economic shutdown and the hopes of massive stimulus. It’s been quite a rollercoaster ride. But there’s an even bigger problem looming on the horizon that people aren’t paying any attention to – the potential destruction of the dollar. Americans are in for a rude awakening… (Continue to full article)

It’s Not Going to Be Fine!
We just wrapped up the worst first quarter in the history of the US stock market. Think about that in context. Even during the dark days of the Great Depression, there has never been a worse start to a year for the US stock market than 2020.

Nevertheless, there are still a lot of people out there who think this is going to be a short bear market.

Further driving this myth is the notion that as long as the Federal Reserve can print up enough money between now and then to bail everybody out, everything will be OK.

This is all wishful thinking. It’s all part of the delusion. It’s not going to be fine. Because it wasn’t fine before the crisis. We didn’t have a solid economy. We had a bubble. That’s the problem. And the bubble has been pricked. There is no way to go back to where we were. It’s like trying to unscramble an egg. It can’t be done… (Continue to full article)

Fed Delivers $1.5 Trillion To Wall Street in Three Weeks
Total assets on the Fed’s weekly balance sheet – mostly composed of Treasury securities, mortgage-backed securities (MBS), repurchase agreements (repos), “foreign central bank liquidity swaps,” and “loans” – spiked by $557 billion in just one week, to $5.81 trillion, according to the Fed’s release Thursday afternoon.

This doesn’t yet include about $200 billion in MBS that the Fed bought over the past three weeks but whose trades have not yet settled (the Fed will book them later when they settle). With those MBS included, the Fed now holds over $6 trillion in assets. Since the Fed started this whole shebang of Wall Street bailout programs three weeks ago, total assets have exploded by $1.5 trillion… (Continue to full article)

Silver Investing During The Coming Financial Storm
While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they are looking at the markets in a linear fashion. What lies DEAD ahead is a collapse and disintegration of a way of life that won’t return as it was in December 2019… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Edge of Darkness is heard at 8:00 p.m. (Eastern Time), each Monday through Friday 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.

Jeffrey Bennett, host of the program shares over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Added to the forum will be intense and sometimes dark and challenging commentary regarding daily events and circumstances, which are affecting the downward spiral of this once great nation. Programming will include topics such as the dark direction that our nation seems to be headed through the horrendous hatred in the political fields, our physical Health and the Good, the Bad and the Ugly of the nations’ public education system.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 602 – 799 – 8214

gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on End of the Line?: Aril 4, 2020

End of the Line?: March 30, 2020

DEheadlines_orig

Gold’s Gone Wild!
“Today, some banks failed to deliver physical in the COMEX bar EFP. As a result, these banks suffered large losses…There remains a big shortage in physical in the COMEX denomination. So, rumors are, the COMEX will announce a force majeure…”

Ignoring his sloppy understanding of the market and its terminology, this tweet gives us a sense that you better buy gold now before it’s too late…

But Kettle Moraine, Ltd. and Morgana Precious Metals IS delivering – faaaaaaast! Call us: 602-799-8214 TODAY! (Continue to full article)

MAJOR Silver Shortage Right Now, Physical Virtually Impossible To Find
As of this moment – we have 5 boxes of (500 ounces each) of silver bullion available at FAIR prices – NO goughing ~ CALL NOW. 602-799-8214! (Continue to full article)

Kicking off historic bull run: ‘Look for new record highs above $1,921’ — Credit Suisse
The comparisons between today’s gold price action and that of 2008 are gaining popularity with Credit Suisse now expecting the COVID-19 crisis to eventually push gold to new record highs of above $1,921 an ounce.

“We remain major long term Gold bulls, with the market encouragingly back above its 200-day average having held above key support at $1,452/1,446,” Credit Suisse said in a note last week. “We still look for new record highs above $1,921.”… (Continue to full article)

Civilization’s Savior?
Trump and Congress plan to send up to $1,200 to most American adults to help them recover from the economic shock of being told not to work. “Individuals making $99,000 or above or married couples making $198,000 or more would receive no check. People would receive an additional $500 per child.” The so-called stimulus package would total $2 trillion, roughly 9% of the country’s GDP.

Are you curious about the source of the $2,000,000,000,000? Had government put it aside for just such an emergency? Not a chance. Though it’s not clear at this point exactly where the money will come from, it will likely roll off the printing press, the banking industry’s greatest invention… (Continue to full article)

The Economic Depression Of 2020: Many Of The Restaurants, Bars And Retailers That Have Closed Will Never Open Again
It appears that we are heading into the worst economic downturn of the post-World War II era, and that is going to be true no matter how this coronavirus pandemic ultimately plays out. There are some that believe that this virus will only kill thousands, and there are others that are warning that it could kill millions, but everyone can agree that this outbreak is causing an unprecedented amount of fear. And even once this pandemic starts to fade, a certain percentage of the population will continue to be afraid to go to restaurants, bars and other small businesses that are open to the public. Of course many restaurants, bars and small businesses were just barely scraping by during the “good times”, and so many of them will simply not be be able to survive if a substantial portion of the population is literally petrified to step through their doors for the foreseeable future… (Continue to full article)

…and WHO will pay the Piper???

Throwing money at this is futile. We can see the disruptions occurring because of this virus – lines at grocery stores, sheltering in place, but the underbelly of society continues. Now picture an all out nuclear war where everything stops, resulting from nationalism which is happening right now. Where will we get food? Water? Medical help. It would be the end. The small percentage of people that might survive will wish they hadn’t. Climate change is not far behind in disruption, it will just be more gradual. ~ Al Parks

[Got physical… close at hand?]

Let’s do something about that…

Edge of Darkness is heard at 8:00 p.m. (Eastern Time), each Monday through Friday 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.

Jeffrey Bennett, host of the program shares over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Added to the forum will be intense and sometimes dark and challenging commentary regarding daily events and circumstances, which are affecting the downward spiral of this once great nation. Programming will include topics such as the dark direction that our nation seems to be headed through the horrendous hatred in the political fields, our physical Health and the Good, the Bad and the Ugly of the nations’ public education system.

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

gold@morganapreciousmetals.com

Posted in Double Eagle Headlines, Let's Get Physical | Comments Off on End of the Line?: March 30, 2020

Digital Dollar And Digital Wallet Bill Surfaces In The U.S. Senate

It’s coming… It IS coming! …and so you begin to understand…

A bill has surfaced in the Senate called the ‘Banking For All Act’, sponsored by the Ranking Member of the Senate Banking Committee, U.S. Senator Sherrod Brown (D-OH). In the press release, Senator Brown lays out the details of his bill as well as how he looks forward to urging his colleagues to include it as part of the coronavirus economic stimulus package. Continue reading

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Corona ~ The WEAK in Review

NEW YORK HEALTH OFFICIALS TOLD RESIDENTS TO CONGREGATE IN HUGE CROWDS IN “DEFIANCE” OF CORONAVIRUS
Back in February, health officials in New York told residents to congregate in huge crowds in “defiance” of Coronavirus, a move that could have exposed thousands of people to COVID-19.

New York City Health Commissioner Oxiris Barbot posted a tweet on February 9 urging citizens to flock to Chinatown in large numbers to celebrate the lunar new year while suggesting that advice to avoid crowds was “misinformation.” Continue reading

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…so everything is going just fine… Huh?

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Payments Panic and the Ending of Fiat Currencies

The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task with unseemly gusto.

There was evidence that the credit cycle was already on the turn with the global economy entering its regular period of financial and economic crisis even before the coronavirus hit. Thinking it is only a matter of dealing with the pandemic before returning to normal is therefore a common and fatal mistake. The combination of current events is leading to an infinite problem: central banks, and the Fed in particular, are trying to backstop everything and they will undoubtedly fail. Continue reading

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