Investment Research Products
Powered by Kranzler Research
Articles
Time To End The Covid/Vax/Mask Insanity
It was only a matter of time before the Covid “bug” was smashed by the windshield of reality. Time to start holding the perps accountable, like Fauci, Pfizer and the Biden Government, among many others. Cui Bono from this madness? And no one knows the long term side effects from the substance known as “the vax.” I just hope all of the medical professionals who went along with this scam suffer just consequences…shooting up children who have a near-zero risk of an adverse health reaction to Covid should be punishable by death.
Jerome Powell Finally Flagged For Illegal Trading Activity
“Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed.” – Francisco’s Money Speech, “Atlas Shrugged”
The Rule of Law no longer applies to the political and corporate elitists. Recall that three regional Fed Presidents were caught making millions in their personal stock accounts executing trades during “blackout” periods when they are legally forbidden to trade. All three individuals were pressured to resign. However, they did not suffer any consequences as a result of their illegal trading activities – “your laws don’t protect you against, but protect them against you…”
Apparently the Fed’s El Hefe, Jerome Powell, also decided that he is above the law and executed trades in his personal account during blackout periods. Occupy the Fed Movement scrutinized public filings and determined that Powell on more than one occasion traded stocks in his personal account during legal blackout periods, failed to disclose most trade dates and “apparently” lied about muni bond conflicts.
“While the Fed has touted new forthcoming trading rules that are more restrictive, one of the few existing restraints on Fed officials is the financial trading blackout around FOMC meetings. Powell could not even abide by that.”
Keep in mind that Powell directed the massive bailout of Wall Street banks. He knew ahead of time that the trillions printed and transferred to the financial system would send stocks and bonds of all “flavors” soaring. He directly benefited from that by implementing trades that took advantage of his inside knowledge during periods of time when it was unequivocally illegal for him to trade in his personal brokerage account.
“Fed Chair Powell — who is supposed to serve in the public interest and avoid even the appearance of conflicts — traded millions in personal stocks and bonds while obstructing required public disclosures about those trades for years.”
When the reports surfaced about the regional Fed Presidents conducting illegal trades, I knew that Jerome Powell was doing the same thing. Those who live in areas in which cockroaches are prevalent know that when you see one, there’s an entire nest hiding behind the walls. The officials at the Federal Reserves are like cockroaches.
I would bet good money that these Fed officials privately discussed and boasted about their trading activity. After all, they knew that there would be little to consequences. And, trust me, the Fed officials who resigned are not capable of feeling shame. Needless to say the message is clear that public servants are above the law and illegal activities in which they engage will not be subjected to law enforcement.
“Powell is guided in all his actions not only by his fealty to Wall Street cronies, but also by truly outrageous personal financial conflicts and violations. Powell has tried very hard to cover this up before his confirmation hearing. Sadly, there’s no Woodward and Bernstein of the day to shed light on the truth.”
Here is the entire report by Occupy the Fed Movement: Fed Scandal Bigger Than Watergate?
Time To Shut Down Roblox – A Viper’s Nest Of Pedophilia
While all sexually motivated crimes are abominable, pedophilia is particularly grotesquely horrifying. Our society is far too tolerant of this crime. It removes completely the innocence of childhood and can undermine, if not destroy, a person’s mental for life. What’s more, exhaustive research shows that it is next to impossible to rehabilitate a pedophile. In my opinion, it’s a crime that should be punishable by death.
While I believe Roblox stock (RBLX) is idiotically overvalued and have been recommending it as short in my Short Seller’s Journal, as well having an intermittent short position in the stock, since early June 2021, I just finished reading a disturbing research piece on Roblox by Edwin Dorsey’s “The Bear Cave” newsletter titled, Problems at Roblox (RBLX). Here’s some excerpts:
For example, 29-year-old convicted pedophile Owain Thomas “groomed 150 children to engage in sexual activity using Roblox.” 60 of those children were under the age of 13 and in many cases Owain Thomas used Roblox’s in-game currency, Robux, to solicit children. In one case Owain Thomas “paid a 10-year-old victim 400 Robux to perform a sexual act while he watched him on a webcam.” A lawyer called the volume of abuse “possibly unprecedented.”
In September 2020, 48-year-old registered sex offender Clinton McElroy was arrested after convincing an eight-year-old girl “into sending sexually explicit videos in exchange for Robux.” McElroy “was previously convicted in 2018 of commercial sexual exploitation of a 14-year-old child.”
In July 2021, 23-year-old Terrence Barto was arrested for “indecent solicitation of a child, violation of sex offender registry and grooming” after “he contacted a 12-year-old boy in Texas via Roblox.” At the time Barto joined Roblox he was already a convicted sex offender in Washington state
You can read the entire report here: The Bear Cave
That’s just one facet of this. Apparently there’s cult of upper managers at RBLX with a taste for bestiality. As it turns out, Roblox’s head of “safety and moderation” follows a “furry porn” account – you can guess what that’s about. In addition, the former social media manager at Roblox ran a public pornographic blog with “furry porn” and photos of himself.
Quite frankly, with all the crap on prime time television as well as the temptations dangled on the internet, it’s difficult enough for children to have a normal childhood. Parents and their kids DO NOT need an online entertainment platform that is widely used a forum for juvenile sexual solicitation. There’s plenty of “clean” gaming/entertainment online venues. With Roblox’s track record of tolerating pedophilic activity internally and on its entertainment platform, I see no reason why Roblox should not be shut down by the Department of Justice.
Neil Young And The Woke Covidian Cultists
When I was growing up in the 1960s and 1970s, the term “liberal” was associated with “open-minded,” “consider all sides of an issue,” “truthseeking,” freedom of expression” and the questioning of authority. The contemporary “wokesters” and the staunch cult of “Covidians” – who identify as being “left of center” – are, if anything, anti-liberal. The Democrats have become the party of war-mongering neocons, populated by an army of mini-dictators, also known as “Wokesters.” Perhaps Neil Young is the quintessential personification of the neo-liberals. Hell, I self-identified as a liberal in the 1970s and went to several Neil Young concerts back then. But in the 1970’s context, the term “liberal” has become radioactive.
James Kunstler has written a must-read essay that encapsulates all that has become rotten and corrupt with those who self-identify as “liberal,” “woke,” “Democrat” and “progressive” as personified by the likes of Neil Young, AOC, Hilary Clinton, etc. Sorry for your loss on Spotify, Neil, but I doubt you’ll miss the 90 cents per month in royalties:
Today the Left is not only all-in on speech suppression, but also censorship of print and broadcasting, and is especially avid for the diverse punishments of cancellation — ruining careers, reputations, livelihoods, and families of anyone who opposes Woke right-think. Alternate views are not tolerated, labeled “unacceptable” (Mr. Young put it exactly that way), and flagged as “misinformation” (ditto Mr. Young). It’s gotten to the point where the word misinformation has acquired a distinct odor that signals bad faith in everyone who flogs it. These days, the charge of misinformation is deliberate misinformation.
Today, the Left is all-in for FBI home invasions, DOJ malicious prosecutions, CIA manipulations of public opinion, a fake president fronting for an unseen cabal, and a news media that wouldn’t know the actual shape and substance of reality if it jumped up and bit Jim Acosta on the lips. Ideas and principles don’t really matter to the Left; they’re just window-dressing for their sole interest, which is pushing other people around, in a word: coercion. That is the moral quagmire the Left is in and, having captured so many institutional transmitters of our polity, that is the nature of the evil they represent.
You can read the rest here: Old Man, Look at Your Life….
Is Your Silver And Gold Safe With A Custodian?
The short answer is “no.” Just ask those who invested in Morgan Stanley’s silver “investment” product 15 years ago or in UBS’s precious metals custodial services. Time and time again we hear horror stories – some anecdotal and some that come from bona fide lawsuits in which investors who thought they had silver with a “reputable” custodian ended up with no physical silver and, instead, a fiat currency repayment.
Of course, for me the most notable example is when the German Government, in 2012 if memory serves me correctly, requested the repatriation of half of its 1500 tonnes of gold bars stored with the Fed (Germany moved it to the U.S. right after WW2 out of fear that Russia might invade and take its gold – like Germany did to the countries it conquered during WW2). The Fed balked. Eventually the two countries agreed that Germany could have back 300 tonnes that would be shipped over seven years. Much of the gold that was shipped back to Germany was not the original bars Germany sent over here.
The point here is that possession is 100% of the “law” when it comes to silver and gold ownership. It would be unwise to trust ANY precious metals custodian. This includes Brinks or any of the precious metals vault custodians in Delaware plus the few others sprinkled about the country. Especially do not trust IRA custodians. I’ve heard several horror stories about trying to get physical gold and silver out of IRAs from investors who had to settle for cash. In fact, I just heard from a friend yesterday who is in a dog fight with his IRA custodian to get possession of some silver bars. Bottom line: If you don’t have possession of your metal, you may not really own it.
David Morgan invited me to be a guest for his inaugural “Silver Psyop” series to discuss this topic at length:
***************************************
Many of the junior exploration/development companies I cover, recommend and invest in have the potential to 5-10 baggers from their current down-trodden level. You can learn more about my newsletter here: Mining Stock Journal information. I do not take compensation of any type from mining companies and I have been doing my own research in the sector for over 20 years.
Inflation Is Just Getting Started – Got Gold? Silver?
A portion of the commentary below is from the latest issue of the Mining Stock Journal. Recent trading action in gold, silver and the mining stocks lead me to believe that a major move in the precious metals sector may have started. You can learn more about my newsletter by following this link: Mining Stock Journal information
The nature of inflation is widely misunderstood and misinterpreted. “Inflation” and “currency devaluation” are tautological – they are two phrases that mean the same thing. When the money supply increases at rate that is greater than the wealth output of an economic system, it reduces the value of each marginal dollar created (for the pedants, I’m not going to delve into the difference between bank reserve creation and money supply – the two are inextricably linked). Dollar devaluation has been occurring since the early 1970’s. The value of the dollar relative to gold (real money) has declined 98%. In 1971 $40,000 would buy a 4,000 square foot home in a good suburb. Now it takes $700,000 on average to buy that same home.
Price inflation is the evidence of currency devaluation. The CPI is not a real measure of price inflation. The CPI is methodically massaged – starting with the Arthur Burns Federal Reserve (it was his idea) – to hide the real degree of currency devaluation from all of the money that has been printed since 1971. The CPI report is little more than a tool for political propaganda. In addition, the Fed has made the public’s ability to measure the money supply considerably more difficult over the past 15 years. In 2006 the Bernanke Fed stopped reporting M3, the most accurate measure of the money supply. You can’t see M3 past March 2006. Why? Early in 2021, the Fed changed definitions of M1 and M2. Why? The Fed has done this to disguise the true amount of money supply that has been created over time.
The M2 money supply has increased at annualized rate of 20.2% Since February 2020. The M2 measurement is now 90% of GDP vs 44.4% at the beginning of 2000. Going into 2022, gold is considerably mispriced relative to the amount of currency that has been printed. And silver, at a gold/silver ratio of 79, is extraordinarily mispriced vs gold. Now that the Fed seems intent on tightening its monetary policy per the FOMC meeting minutes released last week, what happens to the price of gold when the Fed begins a rate hike cycle? I’ve mentioned this is the past, but Adam Hamilton, who publishes his Zeal Intelligence newsletter, did a statistical study which concluded that some of gold’s best rate of return periods going back to 1971 have occurred when the Fed goes into a rate hike cycle. The chart I prepared shows this:
Contrary to the mainstream narrative – seeded in ignorance, I might add – that gold moves inversely with interest rates, in the modern fiat monetary system gold rises when the Fed hikes the Fed funds rate. I’m sure you can find Hamilton’s piece using Google to get numerical specifics.
The rationale behind this is that, in every instance, when the Fed finally acknowledges that price inflation is a problem that needs to addressed with tighter monetary policy, flight to safety money moves into gold because the market has determined that the Fed is way behind the inflation curve and the start of a rate hike cycle is the signal to the market that inflation is going to get worse. Furthermore, the Fed will not act quickly enough to get ahead of the problem.
Since the 1990’s, the Fed tends to start an interest rate hike cycle at a time when the economy is already rolling over. Gold’s price rise along with the Fed funds rate is the expectation that the Fed will have to cut its rate hike cycle well short of plan in an effort to re-stimulate the economy. You can see that in the chart above in which each rate hike cycle since the mid-1980’s gets shorter then is abandoned and reversed at a lower Fed funds rate.
To the extent that there’s weakness in the precious metals sector connected to the Fed’s shifting policy stance and the resultant blood bath in the stock market, I expect the weakness to be short-lived and the dynamic reflected in the chart above will kick-in. I also think that a severe economic recession will force the Fed to abandon its tightening stance by mid-2022 and resume its money printing and near-ZIRP monetary policies. This will serve as rocket fuel for the precious metals sector.
Fire Sale In The Mining Stocks
The mining stocks as an asset class are as cheap as they’ve been relative to the rest of the stock market since 2002. Back then the gold price was $300 and silver was below $5. The mining stocks are also historically cheap relative to the prices of gold and silver. And gold and silver are historically cheap relative to the money supply and amount of Treasury debt outstanding. The M2 money supply has increased at annualized rate of 20.2% Since February 2020. It’s now 90% of GDP vs 44.4% at the beginning of 2000. Going into 2022, gold is considerably mispriced relative to the amount of currency that has been printed. And silver, at a gold/silver ratio of 79, silver is extraordinarily mispriced vs gold.
Bill Powers had me back on his Mining Stock Education podcast to discuss the precious metals sector along with some of my favorite junior exploration plays going into 2022:
*******************************
Many of the junior exploration/development companies I cover, recommend and invest in have the potential to 5-10 baggers from their current down-trodden level. You can learn more about my newsletter here: Mining Stock Journal information. I do not take compensation of any type from mining companies and I have been doing my own research in the sector for over 20 years.
What To Expect in 2022 From The Precious Metals Sector
Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become shamelessly blatant, is the primary reason. But eventually the money printing and Federal Reserve intervention in the markets – including that massive amount of money printing, along with the lesser known banking system monetization facilities, will reach a tipping point at which the Fed will lose control of everything. At that point the asset bubbles and the economy will collapse.
Economic Ninja invited on to his podcast to discuss the variables that I think will cause an unprecedented move higher in the precious metals sector and a collapse of the financial asset markets (stocks, bonds, mortgages, housing).
*******************************
Many of the junior exploration/development companies I cover, recommend and invest in have the potential to 5-10 baggers from their current down-trodden level. You can learn more about my newsletter here: Mining Stock Journal information. I do not take compensation of any type from mining companies and I have been doing my own research in the sector for over 20 years.
If You Invest In Precious Metals Please Contribute To GATA
From the thank you note sent to me:
“We badly need the help, so much of the monetary metals industry remaining demoralized and anxious amid the increased price-suppression efforts of government and central banks.
The constant attacks on gold and silver over the last year have not prevented GATA from achieving some good successes.
We have documented more surreptitious central bank intervention not only in the gold market but throughout the commodity markets. We have made presentations at international financial conferences; put various central banks on the spot with questions they refuse to answer because the truth would be more incriminating than their silence; and have continued serving as a clearinghouse of information every day about gold’s enduring purpose as money for free people.
Because GATA is a tax-exempt organization under Section 501(c)3 of Title 25 of the U.S. Code, contributions to GATA are federally tax-deductible in the United States and we certify that you received nothing of value in exchange for your contribution.
Thank you again. We seem to be up against nearly all the money and power in the world, but we are making a lot of trouble for them, and because of you we’re going to be able to keep at it.
With good wishes.”
Here’s the link to send a check or use Bitcoin: How To Help GATA
“GATA BE IN IT TO WIN IT”
Fed Policy Will Send Silver & Gold Soaring In 2022
The chart above is the HUI to SPX ratio (GDX was not around until 2006) vs the price of gold on a weekly basis going back to mid-2000. It shows that the mining stocks are extraordinarily undervalued relative to the S&P 500 and gold. If reversion to the mean kicks in, either the mining stocks will experience a rally in order for that ratio to “catch up” to the price of gold. Or the price of gold is going to get demolished.
Given the fundamental back-drop supporting much higher gold prices, it’s a high probability proposition that the mining stocks, at some point, will experience a big move higher and will outperform the rest of the stock market.
Wall Street Silver invited me back on its podcast to discuss why the Fed’s current monetary policy will prime the pump for a big move in gold, silver and the mining stocks in 2022:
*******************************
Many of the junior exploration/development companies I cover, recommend and invest in have the potential to 5-10 baggers from their current down-trodden level. You can learn more about my newsletter here: Mining Stock Journal information. I do not take compensation of any type from mining companies and I have been doing my own research in the sector for over 20 years.