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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?

Amazing History of Paper Money: the Gengis Khan Epoch

The Bark Of Trees

In the 1190s Genghis Khan extended a practice that changed the world: A new payment transaction system, paper money. This was introduced to the west via Marco Polo and is the primary root to the paper money we have today. The story of Marco Polo’s adventure can be found in the classic 1299 manuscript, “The Book of the Marvels of the World” by Rustichello da Pisafrom stories told by Marco Polo. Marco discovered that Genghis molded his empire through might, force and “the bark of trees”. It was the “bark of trees” that single handedly changed the way the west viewed payments and transactions. Continue reading

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Why I can’t afford to go to a movie this weekend…

Posted in The Mine or the Shaft | Comments Off on Why I can’t afford to go to a movie this weekend…

Snyder: Economic Slowdown Confirmed…

14 Very Alarming Numbers That Reveal The Current State Of The Economy

The economic numbers just continue to get worse and worse, and at this point it has become exceedingly clear that an economic slowdown is happening. In fact, even the chair of the Federal Reserve is using the term “slowdown” to describe what is taking place. But of course many are still hoping that the U.S. economy can pull out of this slump and avoid the sort of crippling recession that we experienced in 2008. Unfortunately, that may be really tough because the entire global economy is slowing down right now. Our world is more interconnected than ever before, and what happens on one side of the planet is invariably going to affect the other side of the planet. Some parts of the globe are already mired in deep economic problems, and the U.S. appears to be following down the same path. Continue reading

Posted in The Mine or the Shaft | Comments Off on Snyder: Economic Slowdown Confirmed…

Americans Had To Borrow 88 BILLION Dollars To Cover Their Medical Bills Last Year

I know that the headline sounds outrageous, but it is actually true. According to a brand new report that was just released, Americans had to borrow 88 billion dollars to cover their medical bills last year. That is a truly astounding number, and it shows just how dramatically our current health care system has failed. And even though the vast majority of Americans are covered by “health insurance”, millions of us are deathly afraid to go to the hospital because of what it might cost. Today, two-thirds of all personal bankruptcies in the United States are caused by medical bills, and most of the people going bankrupt actually had health insurance. Overall, more than half a million American families are financially ruined by medical bills each year, and meanwhile our “representatives” in Washington are doing absolutely nothing to fix the problem. Continue reading

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On this day, April 2, 1792…

On this day in 1792, the Coinage Act creates the U.S. Mint and provides for the construction of a new building in Philadelphia. That building was the first federal building to be built under the new U.S. Constitution. Continue reading

Posted in Out of the Past | Comments Off on On this day, April 2, 1792…