[Most Recent Quotes from www.kitco.com]

The Guns of August: Day 3

DEheadlines_orig

Fedcoin: A New Scheme for Tyranny and Poverty
If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.”

Fedcoin was initially included in the first coronavirus spending bill. While the proposal was dropped from the final version of the bill, there is still great interest in fedcoin on Capitol Hill. Some progressives have embraced fedcoin as a way to provide Americans with a “universal basic income”… (Continue to full article)

How to Deprogram Your Friends & Family from the Cult of Fiat Currency
Most everyone you know is a member of a cult. It’s not their fault, and they didn’t consciously seek it out, but your friends and family and almost everyone you know and even come in contact with belong to a system that has brainwashed them.

This cult is robbing them. And it’s doing so clandestinely, without their knowledge or approval. It’s so sly that they don’t even know it’s happening… (Continue to full article)

More Problems At US Mint: Gold & Silver Coin Production Disruptions For Another 12 To 18 Months!
Got gold & silver? The supply chain disruptions continue, so ‘on-the-fence’ investors may want to get some while there’s still some to be gotten…… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

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

gold@morganapreciousmetals.com

GOLD: The Absolutely Essential Investment In A Warped System With Fake Money, False Markets
The combination of massive printing of fake money, credit expansion to unsound debtors and bad debts will be the death knell for the system.

You wonder where Veritas, the Roman goddess of truth is in all of this. Few people have realised that she has always been there throughout history although not many have noticed her in recent years. In the financial system, gold has always told the truth even when governments try to suppress or manipulate it. All financial systems have over time been destroyed by greed. Not a single fiat currency has survived in its original form… (Continue to full article)

We Are Experiencing Economic Devastation On A Scale That America Has Never Seen Before
For a very long time we have been warned that a U.S. economic collapse was inevitably coming, and now it is here. Fear of COVID-19 and unprecedented civil unrest in our major cities have combined to plunge us into a historic economic downturn, and nobody is exactly sure what is going to happen next. On Thursday, we learned that U.S. GDP was down 32.9 percent on an annualized basis last quarter. That officially makes last quarter the worst quarter in all of U.S. history, and many people believe that this new economic depression is just getting started.

We have been warned that a U.S. economic collapse was inevitably coming, and now it’s here. It’s difficult to grasp just how far we’ve fallen… (Continue to full article)

Average Age of Cars & Trucks on the Road Sets Record, Will Jump During Pandemic as New-Vehicle Sales Plunge to 1970s Level
For automakers, this was a tough market before the Pandemic: decades of stagnation in unit sales, carved up by more competitors, with industry revenue growth by jacking up prices. Then came the Pandemic… (Continue to full article)

Posted in Double Eagle Headlines | Comments Off on The Guns of August: Day 3

3,500% return from a safe ‘forever asset’

In the year 1649 after nearly a decade of painstaking work, the legendary Dutch artist Rembrandt van Rijn put the finishing touches on one of his masterpieces: Christ Healing the Sick.

The piece is considered a technical and artistic marvel, proving without doubt that Rembrandt’s skills were truly ahead of his time.

So it’s no surprise that he sold the piece for a record-setting 100 Dutch guilders… an incomprehensible amount of money to pay for art at the time. Continue reading

Posted in The Price is Right | Comments Off on 3,500% return from a safe ‘forever asset’

Disadvantage and high land prices almost always precedes collapse

If this economic climate feels familiar to you, that’s because we have been here before…

The examination the historical red flags that preceded crises dating back to the Roman Empire.

You’ve got to stand back and not bury your head in inconsequential detail if you want to understand history. Land and poverty are always key.

Pax Romana
The Roman Empire was destroyed by having spread its powerful and expensive military too thinly to support counter-productive property bubbles at home. Debt was partly serviced by military plunder of the resources from conquered nations. Although the empire battled on–so to speak–for another three centuries following the death of Pliny the Elder at the eruption of Vesuvius in 79 AD, he had understood the damage land speculation was doing to the nation. It had destroyed it: “Latifundia perdidere Italiam“. The building of great estates came at an enormous cost to an impoverished middle class and to the agricultural poor, the latter who flooded into Rome for succour. In rent-seeking economies, it seems farmers will always do it hard whilst the city flourishes. Continue reading

Posted in The Mine or the Shaft | Comments Off on Disadvantage and high land prices almost always precedes collapse

…and so you believe this?

I believe the guy getting held-up, is a working man on his way home…

The other two guys are the Banksters!

Posted in The Mine or the Shaft | Comments Off on …and so you believe this?

Is the Federal Reserve Sowing Seeds of Marxism?

Wealth inequality has become a major talking point for those primarily on the Left who are vehemently against capitalism. Often espoused by leftist professors, lawmakers, and think tanks, the increasing disparity in wealth among Americans has been a growing concern. Many have questioned for years whether the Federal Reserve and their fiat currency monetary system is a fundamental fraud in our economy today. Is the Federal Reserve causing wealth inequality, thereby sowing the seeds of Marxism?

Wealth inequality is an issue that both political sides should be willing to tackle because it can cause terrible consequences for a cohesive society. One can easily go off on the issues of personal responsibility and envy politics, but the reality is society must deal with the issue regardless of the morality of the issues – see “Trapped on a Deserted Island with 200 Hungry Savages.” While the Left is correct in their concerns, they are ignoring a major cause of the rampant, growing inequality in America – currency debasement and instead blame capitalism. Let’s take a simple example that demonstrates Fiat Currency Debasement and how it can create wealth inequality mathematically. (Continue to full article…)

Posted in The Mine or the Shaft | Comments Off on Is the Federal Reserve Sowing Seeds of Marxism?

Double Eagle Headlines: July 20, 2020

DEheadlines_orig

Do This Before Politicians Make You Pay Your “Fair Share”
Bloated governments around the world are faced with worsening fiscal conditions. Strapped for cash, they continue to squeeze every drop of wealth that’s within their reach through money printing and higher taxes… (Continue to full article)

Gold Eagle Premiums Back To Normal While Silver Eagle Premiums Still High
An interesting dynamic is taking place in the precious metals bullion market. While the premiums for Gold Eagles have fallen back to near-normal levels since the global pandemic hit during mid-March, Silver Eagle premiums are still close to their highs. According to GoldChartsRUs.com, using Monex’s prices for Gold and Silver Eagles,… (Continue to full article)

When They Took The Dollar Off The Gold Standard, They “Cheated The WORLD”
In a recent interview, author Robert Kiyosaki spoke with Lior Gantz of the Wealth Research Group. The two discussed the economy and the future of gold, silver, and bitcoin as the Federal Reserve continues its money printing scheme… (Continue to full article)

It’s T-i-i-i-me! Leave the Cult Of Paper Currency & Get Some Gold
It’s time to denominate a portion of your savings in real money and not in paper currency. It’s time to leave the cult of fiat currency behind, and add some real money to your life. Your future standard of living will thank you.

…For the first time in recorded history all monetary systems in the world are fiat based…[so] there’s no playbook to tell us what could happen…[which] means that risks to the monetary system are high…. (Continue to full article)

Banks Double Loan Loss Reserves ‘Everybody Is Struggling’
Fiddling with interest rates won’t fix this problem. Either will turning the Federal Reserve into a bad bank where high risk loans go to default. A clean slate with borrowing limits by individuals and a prohibition on duration mismatch will go a long way to rebuild the financial system… (Continue to full article)

1/3 of U.S. households missed their July housing payments
As the economic fallout from the coronavirus pandemic continues, almost one-third of U.S. households, 32%, have not made their full housing payments for July yet, according to a survey by Apartment List, an online rental platform.

About 19% of Americans made no housing payment at all during the first week of the month, and 13% paid only a portion of their rent or mortgage.

That’s the fourth month in a row that a “historically high” number of households were unable to pay their housing bill on time and in full,… (Continue to full article)

As America’s Economic Suffering Grows, The Calls For More Socialism Grow Louder
It is during moments of great crisis that we find out who we really are, and that is why the governmental response to the COVID-19 pandemic has been so heartbreaking. Instead of rallying around our founding principles, Democrats and Republicans have both gravitated toward “solutions” that are in the exact opposite direction. Bigger government programs, more government tyranny and huge socialist transfer payments have all been greatly welcomed by the mainstream media and by large portions of

the U.S. population, and at the same time very few voices are warning us that these measures are eroding our fundamental rights… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

The Edge 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.

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

gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Double Eagle Headlines: July 20, 2020

Double Eagle Headlines: July 16, 2020

DEheadlines_orig

A Surge in Small Business Bankruptcies is Underway
The claims are that 53% of all restaurants that have been forced to close throughout this PLAN-demic – will never reopen.

The following includes just one of these stories, which encompass 24 locations… (Continue to full article)

U.S. Moves Closer To Digital Dollar
On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of a digital yuan in emerging markets and in international trade… (Continue to full article)

H.R. 2559: The Gold Transparency Act Of 2019
House Rep, Alexander Mooney, introduced a Bill that would the first true audit of gold owned by the United States in more than 65 years. The Bill, if passed, would require a full assay, inventory and audit of the U.S. gold every 5 years. Currently the gold is being “safe-kept” by the Fed

Yeah – Right – Fat Chance – Who’s Zoomin’ Who? The last time a Bill was introduced to audit the Fed, specifically the gold and gold swaps activity, the Fed spent millions in lobbying fees to have the legislation drafted by then House Rep, Ron Paul, buried. Then Chairman of the House Financial Services Committee, Barney Frank, made sure the Bill never left Committee… (Continue to full article)

Banks Brace For A Historic Crash With Record Loss Provisions
… on average most banks – this time including the hedge fund known as Goldman Sachs which has since pivoted to becoming a subprime lender to the masses with “Marcus” – saw their loan loss provisions surge by roughly 4x from year ago levels, with JPMorgan’s jumping the most, or just over 5x, hinting the other banks are likely underprovisioned for the storm that is coming.

Alas, these provisions amounts are nowhere near enough if history is any indication…. (Continue to full article)

Major Tax Increases Are About to Slam America as Cities and States Want You to Pay for Covid Fallout
In the midst of such a bizarre and frightful socioeconomic crisis, the tax man is hurting too. Tax revenues at all levels of government have plummeted like never before, and the pain is especially acute for city budgets who’ve seen sales tax revenue nosedive. While the American citizenry is seeing a drastic drop in income, so is Uncle Sam and all of his bureaucratic agencies.

Take a look at some of the numbers… (Continue to full article)

“To the Moon Alice…”

Gold & Silver Price Is Infinity
I think the problems with the currency are going to happen by the end of this year. I think the problems of the COMEX are going to happen considerably before that. I think they are going to be tied into a wider banking crisis. A banking crisis is certain. I cannot see how it can be avoided. . . . If our end point is the purchasing power of the dollar goes to zero, then you can see $1,800 for the price of gold and $19 for the price of silver is chicken crap compared to where it’s going to go… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

The Edge 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.

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

gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Double Eagle Headlines: July 16, 2020

Humpty Dumpty System Is Irreparable

What does it take to break the global financial system? Well, we obviously know what it takes since the system is already broken. Broken by debts, broken by deficits, broken by a fractured financial system, and broken by false markets as well as fake money.

So just like Humpty Dumpty, the system has already had a big fall. But the world still believes that this is all a fairytale with a happy ending. No one wants to recognise that Humpty is totally broken and irreparable. Continue reading

Posted in The Mine or the Shaft | Comments Off on Humpty Dumpty System Is Irreparable