Dateline: July 12, 2019

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IRS Admits It Encourages Illegals To Steal Social Security Numbers For Taxes
This isn’t exactly the kind of story the IRS wants buzzing around at tax time. The IRS and Justice Department normally want ‘scared straight’ stories just before Tax Day. Ideally, when an indictment or conviction for tax evasion hits the news, it makes you think twice. Somehow, you think just a bit more about all those deductions, or if you really reported all your income, before you sign your return under penalties of perjury.

The Top Dog talks about illegal immigrants, and about the IRS turning a blind eye. Or maybe worse. The IRS actually wants illegal immigrants to illegally use Social Security numbers… (Continue to full article)

Fed’s Powell explains why a return to the gold standard would be so damaging to the economy
Probably because he would get ‘Clintonized!

“If you assigned us [to] stabilize the dollar price of gold, monetary policy could do that, but the other things would fluctuate, and we wouldn’t care,” Powell says.Though Powell distanced himself from the Fed nomination process, his comments put… (Continue to full article)

China Acquires More Gold While Dumping U.S. Treasuries
“Chin, Hau, Dung! We don’t need you no more!

We are told China’s economy is hurting, the “trade wars” are working and bringing China to it’s knees. From where I sit nothing could be further from the truth. Currently China holds well north of $1 TRILLION in U.S. Treasuries – debt – that you and I… (Continue to full article)

Low Price Inflation Means the Fed Will Retreat to Low Rates and Easy Money
A softer increase in the personal consumption price index (PCEPI) adjusted for food and energy has likely prompted Fed policy makers to hint about a cut in the policy interest rate in the months ahead. The yearly growth of the PCEPI adjusted for food a…

DON’T buy into it – it will soon be 2009 all over again! (Continue to full article)

Plenty of Money Printing But Where’s the Inflation
It constantly comes up: With all this central-bank money printing and the zero-interest-rate policies and the negative-interest-rate policies, and all these central-bank liquidity injections, in other words, with all these loosey-goosey monetary policies around the globe, why are we not seeing huge bouts of inflation?

Well, since we’re not seeing big bouts of inflation, these loosey-goosey monetary policies should become standard, perhaps run by the government, instead of a central bank, and renamed Modern Monetary Theory, or whatever, because it will give us all this stuff for FREEEEEEEEE … (Continue to full article)

Ship Owned by JPM Seized Carrying $1.2B in Cocaine
A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when such large scale transport is used for black market exchange. Especially given the extensive history of globally established banks paying reparations for money laundering.

AYE ME HEARTIES – Cap’n Dimon finally caught transporting illegal bootie as Cocaine has now outperformed the Morgan-Chase holdings of gold and silver… (Continue to full article)

Kamala Harris’s Distinguished Career of Serving Injustice
The presidential hopeful’s record in California undermines her claim to progressive credentials…

Harris began in Politics in the horn section of the San Francisco Mayoral Orchestra!

Harris’s prosecutorial record, however, is far from progressive. Through her apologia for egregious prosecutorial misconduct, her refusal to allow DNA testing for a probably innocent death row inmate, her opposition to legislation requiring the attorney general’s office to independently investigate police shootings and more, she has made a significant contribution to the sordid history of injustice she decries – usually because she was down upon her knees performing some other duties. Offended – GOOD – you should be! (Continue to full article)

“Blues en mineur” ~ Oh so mellow…

Is There a Stealth Financial Crisis? Alarm Bells Are Ringing
Shhh! Don’t wake the Wall Street bank regulators from their decade-long slumber to whisper in their ear that the same critical signs they ignored in 2007 and early 2008 are rearing their ugly heads again. Let’s take a look at the clear warning signs that began in July 2007 and then contrast them against what is happening today… (Continue to full article)

Poland’s Been On A Gold Buying Frenzy And Now They Want 100 Tons Of Their Gold Back From Bank Of England Vaults
Gold is the “most reserve” of reserve assets: it diversifies the geopolitical risk and is a kind of anchor of trust, especially in times of tension and crises. In the case of Poland, however, it is an exceptionally good economic situation and a steady, strong increase in foreign exchange reserves (by over EUR 30 billion over the last five years) allowed to increase Polish gold resources, which will strengthen credibility and secure the financial strength of our country even in extremely unfavorable conditions .

Hey Queenie- the Poles want their gold back!

There were also comparative reasons for the decision to buy gold… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

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