Category Archives: Uncategorized

Make No Mistake: A Hillary Clinton Presidency Would Be A Disaster

I have said for years that Hillary Clinton is a neo-con dressed in drag.  She is one of the most vile politicians in the history of this country.  Hillary should be mounting a legal defense against spending the rest of her life in prison for criminal fraud and treason rather than operating as the front-runner to be the next President.  The following is a re-post from The News Doctors that delves into this topic:

TND Editor’s Note:  Politically, Doug Henwood would easily be defined as a true progressive, which makes his observations about Hillary all the more compelling.  Most progressives that support Hillary have no concept that she’s a warmonger and spear carrier for global empire and special interests.  But then, one need only watch Marc Dice’s man-on-the-street interviews (e.g., click here) to get a sense for how little thinking goes on in the minds of some Hillary supporters.

Make no mistake. A Clinton presidency would be disastrous – the worst of all possible deplorable choices, none worthy of any public office, all aspirants beholden to wealth, power and privilege exclusively.

Don’t let their duplicitous rhetoric fool you. They’re all cut out of the same cloth. Otherwise, they wouldn’t get public attention. Populist Green Party aspirant Jill Stein gets none.

A Clinton presidency would be nightmarish for the vast majority of Americans and world peace. It’ll combine the worst of George Bush and Obama, an agenda of endless wars of aggression, maybe targeting Russia, China, and/or Iran, corporate favoritism, destroying social justice, and full-blown tyranny against resisters.

Doug Henwood is editor and publisher of the Left Business Observer. It covers “economics and politics in the broadest sense,” discussing what everyone needs to know, suppressed in mainstream reporting.

In November 2014, his Harpers article headlined “Stop Hillary! Vote no to a Clinton dynasty.” It bears repeating. A second Clinton presidency is the worst of all deplorable choices.

You can read the rest of this post here:  Hillary Clinton Targets The Presidency

 

 

My “No Rate Hike This Time” Call Looks Good

At one point I felt like a lone wolf in the night….

I have a new theory about the bullion market, especially silver, that I’m toying with for the time being. I’m hoping to put “pen to paper on it this weekend. If I’m right about this we’re in big trouble in this country.

Also, while you still can, short this absurd bounce in homebuilders. The Fed didn’t hike because the economy is collapsing. The housing market has hit a wall, and that includes the mortgage market. I heard an ad for “stated loans” being available now – those are “liar loans.” The elitists are beyond desperate.

This is the U.S. economy:

mushroomcloud

Website Support Campaign

 Outstanding effort Dave, Your tireless efforts to get the word out are greatly appreciated. Been enjoying the podcasts too. Thought the James Turk effort was one of the best. Saw this link to Brother John’s website and his podcast. About 2 minutes in he starts talking about the credit contraction we are now in and showed a chart on credit/loan refusals it was an eye opener IMO especially given the parallels with 2008. He is complimenting your work in that its one more sign TPTB are setting up another big correction/collapse. Would be interested to see if you concur with his work.  – Reader/website supporter comment

It takes a lot of time to research and write a good blog post.  Probably more time than most people realize. It’s time spent that I could otherwise be using to do other productive market-related or leisure-based activities.

But I do this because it helps me better understand what is going on in our system.  And hopefully my background and experience is being used to write articles which help others understand what’s going.

Plus there’s expenses associated with operating a site like this other than opportunity costs.

Thank you to everyone who has donated to support this site so far.  Many of you have made very generous contributions.   Anyone donation of $10 or more receives two new research reports.  A homebuilder report and a mining stock report.  These are reports that I could have been selling for $25 apiece.

If find my work beneficial and educational, please click below to make a donation and receive the two reports offered:

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Does Anyone REALLY Believe The IRS “Lost” The Lois Lerner Emails?

The U.S. Government is organized and operates like the Sicilian Mafia.
– A source who wishes to remain anonymous

The IRS announced that it has lost two years of emails connected to Lois Lerner, who is being investigated for essentially what was Obama-organized racketeering.  Anyone not familiar with the details should either use google to get up to speed or go back to watching “reality” tv.

Untitled

Anyone who knows anything about computers knows that it is impossible for those emails to have been “lost.”  Immediate access to them was clearly extinguished from IRS computers.  But the emails exist somewhere, and not just in the NSA computers.

A Congressman has requested that the NSA help produce the “missing” emails.  For some reason, Zerohedge finds this request to be ridiculous.  To me it was an obvious move.

Somehow I suspect that we’ll never see those emails.   Just like we never got to see all of the SEC records which connected JP Morgan to several massively corrupt scandals, like Global Crossing and Enron.  Those records went down with World Trade Center 7 – the building that inexplicably collapsed in its own footprint, on its own…

The corruption and racketeering by the Government – all the way up to the Oval Office – proliferates faster than pancreatic cancer.   It is the unmistakable mark of a collapsing system.  Expect the corruption to get worse and more blatant, as totalitarianism engulfs our country.

 

 

Why War Is Inevitable — Paul Craig Roberts

As the US is the Constitution, what was once the United States no longer exists. A different entity has taken its place.

Dr. Roberts has written a must-read article as his gift to the people of the United States on this Memorial Day Weekend. But it’s only a “gift” if people read it and decide to do something about the Government which no longer of by or for the People.

The truth is hard to bear, but the facts are clear. America’s wars have been fought in order to advance Washington’s power, the profits of bankers and armaments industries, and the fortunes of US companies. Marine General Smedley Butler said, “ I served in all commissioned ranks from a second Lieutenant to a Major General. And during that time, I spent most of my time being a high-class muscle man for Big Business, for Wall Street, and for the bankers. In short, I was a racketeer for capitalism.”

Please take time out to read Dr. Roberts’ article and pass it along to others:   Why War Is Inevitable

Dr. Paul Craig Roberts/Dave Kranzler: The Fed’s Covert QE

The Great Deceiver — The Federal Reserve                                                                                                       Paul Craig Roberts and Dave Kranzler

Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.

From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.

You can read the rest of the article here:  The Fed Is The Great Deceiver

The Deep State: The Monster In America’s Closet

Jame Kunstler wrote a worthwhile essay about the way in which George Orwell’s worst nightmare is unfolding in the United States.  You can read it here:  The State of the Deep State.

While most Americans sit by like lobotomized sheep waiting to get sheared by the complete corruption which has engulfed our system and way of life, it truly is frightening to see and understand what is happening.  Sometimes I wonder if it’s better just to live in ignorance and fall back on “I was just following orders…”

Is Silver Getting Ready To Make A Big Move?

Everyone in the precious metals community is scratching their heads over the recent behavior of the price of silver.   At the end of the day, the severely depressed price level can only be attributed to the extreme degree of manipulation and price containment activities of the Federal Reserve and the U.S. Treasury’s Exchange Stabilization Fund team (which is officed in the same building as the NY Fed).

Besides containing the upward price movement of gold and silver in order to support its effort to prop up the dying U.S. dollar, the question is, why is silver being hammered like this with Comex futures?   Ultimately, I believe a severe shortage of unencumbered physical bars for delivery into India and Asia has developed.  More on this in the next few days.   In the meantime, you can see from the 20-yr graph of silver that silver is, by far, more oversold than at any time in the last 20 years:

(click on graph to enlarge)
monthlysilver

Silver And Mining Stocks: The Most Remarkable Set-Up Since 2001

Buyers of gold & silver stocks today may see strong gains from these extremely low levels against silver.  At the same time, silver may have strong gains against gold and the dollar. For the miners to reach the top against silver from 2003-2004, the HUI can go up about 450%.  Who knows how much higher it may soar if the dollar crashes? Regardless, the probability for massive gains in silver and the miners vs. the dollar are quite high.  In fact, this is the most remarkable opportunity and set up since 2001 (article link).

The Mainstream Media Knows The Government Manipulates The Gold Market

A colleague of mine has a friend who recently retired from one of the major financial news organizations.   He was a senior writer and had been there for a long time.  He told my colleague that he was quitting because he grew tired of having the content of his articles butchered and edited to the extent that sometimes the printed article represented only about 10% of the reporting that was behind what ended up being published.

I wanted to re-print a news dispatch from GATA that went around today which describes the extent to which the mainstream media has been shown the proof that the Government operates to try and prevent the price of gold from rising.

We already know that what is reported by the mainstream media all across the political spectrum – from MSNBC to Fox News – is largely highly scripted, distorted and controlled by the Government.   But the news coverage of the gold market manipulation is the most highly contained information next to defense and espionage.

The GATA piece below was in response to the New York Times’ “Dealbook” blog, which wrote an article yesterday smearing the recent lawsuits filed against the big banks for gold market manipulation.  It described the nature of the lawsuits as being seeded in conspiracy theory and it referenced GATA as a group of “offbeat activists.”

Here’s a re-print of today’s GATA dispatch from Chris Powell, Treasurer of GATA and one of the most intelligent, insightful and witty people to whom I’ve ever been exposed:

Dear Friend of GATA and Gold:

Whenever any mainstream news organization publishes or broadcasts something touching on the Western central bank gold price suppression scheme or GATA, your secretary/treasurer contacts the organization to provide the full documentation that would be necessary to an attempt at actual journalism. Today’s appeal to The New York Times is appended. At least it drew a prompt and cordial acknowledgment.

Please understand that the summaries and documentation cited below have been provided to many major news organizations and government regulatory agencies. They all know what is going on. But as you have heard many times from your secretary/treasurer, the true location and disposition of central bank gold reserves are, to governments, secrets far more sensitive than the location and disposition of nuclear weapons. For rigging the gold market is the most powerful weapon of all, as it is the prerequisite for rigging all markets.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Tuesday, May 6, 2014

Alan Feuer, Reporter
The New York Times
620 Eighth Ave.
New York, N.Y. 10018

Dear Alan (if I may):

Thanks for your reference to the Gold Anti-Trust Action Committee Inc. in your report today about the federal lawsuits being brought against the bullion banks participating in the daily London gold price fixings:

http://dealbook.nytimes.com/2014/05/05/banks-sued-on-claims-of-fixing-pr…

But GATA is a little more serious than the “offbeat activists” of your description. The committee includes people with long experience in the financial markets. While I don’t have that kind of experience, I have fair experience in journalism, having been a newspaper reporter and editor in Connecticut for almost 50 years and having given their first journalism jobs to the Times’ own reporters Dan Barry and Bryan Miller and photographer Sara Krulwich.

In fact, rather than the repository of “offbeat activists,” GATA is mainly an investigative and fact-finding organization, not a “conspiracy theory” organization producing the “online screeds” cited by your report. We have sued Western central banks for information, have extracted much incriminating material from official archives, and have published what has turned out to be the documentation of the longstanding Western central bank gold price suppression scheme, a scheme documented right down to the present through the admissions of the central banks themselves.

We have found that it is simply a matter of public record and as easy to document as it is to put specific questions to central banks about their involvement in the gold market. That is, it is easy to establish through ordinary journalism — which, unfortunately, mainstream financial news organizations, including the Times itself, have declined to undertake even though most of the research already has been compiled for them. Of course GATA is delighted to share it with anyone interested. I wish that the Times would even look at it.

The most recent version of my “stump speech” summarizing the most important documentation, including Internet links to each document, is here:

http://www.gata.org/node/13644

Some updating commentary with documentation is here:

http://www.gata.org/node/13829

GATA’s general documentation file is here:

http://www.gata.org/taxonomy/term/21

This story involves the surreptitious and undemocratic control of the valuation of all capital, labor, goods, and services in the world. It is a very serious story and should not be left to the offbeat.

Thanks for your consideration.

With good wishes.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.