29
April
2022

April 2022

WHY WOULD RUSSIA ACCEPT DOLLARS AS PAYMENT FOR OIL IF THESE CAN BE SEIZED?

[Most Recent Quotes from www.kitco.com] [Most Recent Quotes from www.kitco.com]
physical: add up to $200 per oz. for physical add up to $11 per oz. Are you still Paper Gold?
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  • Many Candle (and often also PF-charts may be updated at all times, even if not mentioned in the "Updated Sections" - do check the charts in the sections


Friday, April 29, 2022, They won't raise interest rates because they can't!


Updated Sections: Bank & Fin. Shares, Crude Oil price, Agriculturals,

french elections 2022 04 26Poor Europeans and poor French were cheated on just like the US was cheated on. This DOMINION software really does miracles, doesn't it? The screenshots were taken during the elections and clearly show what happened. No wonder Macrot was so at ease during the Pre-Election presidential debate. Those who are not part of the Club are simply disregarded. Just as the previous president of Austria was. Only members of the CLUB like Zelensky can stay.

The re-elected Marcrot's first task is to take care of the beginning hyperinflation and in particular the rising cost of food stocks and energy. At least, this is what he says.  Not one word, however, about the fact that this hyperinflation has already been baked in the system and NOTHING can stop it now.  Belgians are - as usual - copying Paris.  We may see a RATIONING of Food Stocks (and maybe Natural gas and Diesel-Gasoline) as soon as this coming September 2022. Note: by controlling prices and rationing, it is NOT possible to stop rising prices. Price controls always end with EMPTY SHELVES.

Note: Financial authorities state that the inflation is NOT the result of the Money Supply and must be liars or idiots. The Belgian economic commission consists of a bunch of illiterates and liars. Not one member knows the correct definition of Inflation! This looks like a deja vu of the Covid-commission. Some illuminate members are: Paul De Grauwe, Pierre  Wunch (NBB),...Poor Belgian citizens don't yet realize what there is yet to come...


Covid and Ukraine are misused by the Authorities to hide what REALLY is going on. To hide the consequence of the actions of  Governments and Central banks (aka. Sick Retarded Politicians) over the past years and decennia. They pushed the Western World into this astronomical high debt. They personally exponentially increased the Money Supply. There is no doubt that the Politicians and Central Bankers are PERSONALLY responsible for this beginning hyperinflation.

"As soon as the Money Supply is exponentially increased, hyperinflation is baked in the system and NOTHING can stop higher prices."

They will not raise interest rates, because they CAN NOT raise interest rates. Raising interest rates would immediately bankrupt the financial system, Governments, the Dollar, the Euro, the Yen, and the system.  One can compare their alleged story of expected higher interest rates to the 2% inflation target sold last year by the (bankrupt) central Banks. They knew they were selling LIES, but they did anyhow as they know that the PEOPLE always believe their lies. At least for some time. Eventually, interest rates will rise once the Natural Forces take control. Once this happens, it will be impossible to halt. 

Although we may see slightly higher rates in the short term, although we have a TOP for the Bond market, the TREND will NOT become bearish. Not yet. [see Bonds in the Subscriber's section] A trend change will occur the day the "natural market forces" take over from the Central Bank bureaucrats and politicians. That day, the General Public will lose all faith in the financial system, the Bankers, Central Banks, and Authorities.

meat crisis 2022 04 28"While Walmart now packs MEAT products in a metal mesh with a security chip, Aldi simply took all meat products out of the shelves: need a STEAK? ask an associate. [note that we forecasted this dramatic increase in meat prices some years ago]."

Now that all over the Western World, Super Markets are hiking the prices of food stocks, the Consumer, the General public gets confronted with higher prices and less supply. Less supply we even have for MEDICATION. As the EUSSR-RETARDS continue their dirty actions, better brace for even higher energy prices and the high probability of a SHORTAGE of Natural Gas, Gasoline, Diesel in West Europe. Hopefully, the Global Warming lies are no lies and next winter is not too cold.

Shortages of poultry, beef, and pork have continued despite stores limiting how many products each person can buy in order to prevent hoarding which has exacerbated the problem. As we expected, they blame COVID for the shortage. ]Today, in the Liberal Paradise of Habana, Cuba, you can't even buy chicken.]

As always, the General Public doesn't believe the former can happen until it actually is happening. Apparently, the General Public can't cope with the psychological fact that soon there will be a shortage of food and/or the price of food will rise exponentially.  In their lifetime, Millenniums have NEVER experienced times of high inflation, nor times of food and energy shortage.

more next month...click here

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Wednesday/Thursday, April 23-24, 2022, The proposed transition to "net zero" via wind and solar power is not only not easy, but also a total fantasy. (April 2022)!


Updated Sections: Literature (scroll down and watch Atlas Shrugged &, Marlies Dekkers),
Solar & Rare Elements (scroll down), Bank & Fin. Shares, Crude Oil , Agriculturals,

wind and solarWhen (Green) IDIOT advocates of wind and solar generation speak, they appear to believe that the challenge posed is just a matter of currently having too much fossil fuel generation and not enough wind and solar; and therefore, accomplishing the transition to "net zero" will be a simple matter of building sufficient wind and solar facilities and having those facilities replace the current ones that use the fossil fuels.

They are completely wrong about that. The proposed transition to "net zero" via wind and solar power is not only not easy but is a total fantasy. It likely cannot occur at all without dramatically undermining our economy, lifestyle, and security, and it certainly cannot occur at anything remotely approaching reasonable cost. At some point, the ongoing forced transition... will crash and burn.

It doesn't matter whether you build a million wind turbines and solar panels, or a billion, or a trillion. On a calm night, they will still produce nothing and will require full back-up from some other source.

If you propose a predominantly wind/solar electricity system, where fossil fuel backup is banned, you must, repeat must address the question of energy storage. Without fossil fuel back-up, and with nuclear and hydro constrained, storage is the only remaining option. How much will be needed? How much will it cost? How long will the energy need to remain in storage before it is used?

There should be highly-detailed engineering studies of how the transition can be accomplished... But the opposite is the case. It gets worse:...Ken Gregory calculated the cost of such a system as well over $100 trillion, before even getting to the question of whether battery technology exists that can store such amounts of energy for months on end and then discharge the energy over additional months. And even at that enormous cost, that calculation only applied to current levels of electricity consumption. For purposes of comparison, the entire U.S. GDP is currently around $22 trillion per year.

In other words: we have a hundred-trillion-or-so dollar effort that under presidential directive must be fully up and running by 2035, with everybody's light and heat and everything else dependent on success, and not only don't we have any feasibility study or demonstration project, but we haven't started the basic research yet, and the building where the basic research is to be conducted won't be ready until 2025.

Meanwhile, the country heads down a government-directed and coerced path of massively building wind turbines and solar panels, while forcing the closure of fully-functioning power plants burning coal, oil, and natural gas. In Europe, they even close nuclear power stations.

It is only a question of time before somewhere the system ceases to work. It is easy to see how the consequences could be dire. Will millions be left without heat in the dead of winter, in which case many will likely die? Will a fully-electrified transportation system get knocked out, stranding millions without the ability to get to work? Will our military capabilities get disabled and enable some sort of attack?

No sane, let alone competent government would ever be headed down this path. But as we all know, Politicians run Governments as complete IDIOTS and most of the time PSYCHOPATHS.

Important Fundamentals:

  • PLEASE, DON'T LET YOU

This article is so good that it is for premium members only.
Those who are so greedy that they don't want to spend some money to get DECENT and NEUTRAL advice, don't deserve the goodies.
Very soon, these people will lose a lot more on their savings than the cost of a subscription to Goldonomic.

Important Technicals:

  • This is often the case: early on the day, the European Gold banks dump PAPER GOLD and the price corrects somewhat. Once American markets open, the price of gold goes up again. DO READ the "GOLD POOL" in the EDUCATION SECTION! - Click here for the link.
  • PLEASE, DON'T LET YOU FOOL BY THE ACTIONS OF THE GOLD BANKS!

This article is so good that it is for premium members only.
Those who are so greedy that they don't want to spend some money to get DECENT and NEUTRAL advice, don't deserve the goodies.
Very soon, these people will lose a lot more on their savings than the cost of a subscription to Goldonomic.

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Monday/Tuesday, April 25-26, 2022, Those who still don't own "physical" Gold, are "idiots"!


Updated Sections: Yuan Gold (partly), Yen & Gold, Recession Proof Shs (LOCG), 
Recession Proof - hold, Natural Gas & shares, Solar & Rare Elements (new video's),
Bio Tech-Pharma,

We expect (very) HIGH inflation rates...even in countries such as Germany and Japan. German food prices have risen 20% to 50% in a short period of time.  They are not coming down anytime soon.  Fuel prices are rising, and Germany is threatening to cut off all oil from Russia by the end of the year.  Germany is the economic engine that drives the EU, and it is tanking.  Germany and the rest of the EU better hope Russia does not beat them to the punch and cut them off now. The EU is in deep financial trouble, and its leaders will not stop destroying the economy with stupid sanctions that only hurt their own people.  You can say the same for the Obama/Biden Administration.

German PPI2022 04 20 commodities in yen 2022 04 20

note: today's spite in producer prices is tomorrow's spike in consumer prices.

If the Fed/ECB Is fighting inflation, why is its balance sheet still expanding? If the Fed is fighting inflation and has ended quantitative easing, why is its balance sheet still going up? In the week ending April 13, the balance sheet grew by $27.9 billion, hitting a new record of $8.965 trillion. This is up about $3 billion from its previous high in March. (and Ripley's, believe it or not, the IDIOT HERD still continues to have faith and the belief in fiat money).

“For all the talk of fighting inflation and shirking its balance sheet, the Fed continues creating more inflation and expanding its balance sheet!”

powel money machineThe central banks continue to print money out of thin air to buy bonds. This is the exact opposite of fighting inflation. We shouldn’t be seeing a growing balance sheet in the midst of historically high inflation. Here’s the reality; while the Fed/ECB is talking about fighting the inflation fire, it is still pouring gas on the inflation fire. An expanding balance sheet means the Fed/ECB is still engaged in expansionary monetary policy. So far, the inflation fight is a lot of talks and not much action.

"Government, politicians are the MAIN RESPONSIBLE for the present inflation rate and the coming Hyperinflation - Nobody else!"


If the sanctions are working, why then has Russia such a SURPLUS on their  Current account?..all while the USA has a HUGE deficit.

russian current account 2022 04 19


Failure of Gold in the midst of chaos?

I don't know where and how Gold has failed. On the contrary. I am absolutely no Gold bug. During my lifetime, I have invested in almost any asset. Ranging from Real Estate over Bonds to Stocks and Options,..and now in Gold and Silver.

Contrary to what many insinuate, the Dollar has been crashing since 1971. Even more so since 2002-03. Also, expressed in Real Money, the price of stocks have sharply (85%) fallen since 2001.

Nobody, even not God has been and will be able to replace “real money” with paper money, fiat money, and digital money. Money can only be the result, the fruit of labor. Everything else fails. What has been for at least the past 6,000 years, Nero could not change and no bureaucrat or Central Bank can change

It is just impossible to ban the trade and/or possession of gold on a worldwide base. Although this may be the Wet Dream of the Western bureaucrats, doing such would be like banning the use of Air to a living entity. However, soon the West will be confronted with the bare reality. Just like people in Venezuela and Zimbabwe were: it is either trade food for Gold nuggets or starve.

Last but not least, stop listening to crooks like Martin Amstrong and if you do, double-check his empty statements. This Amstrong is a patented LIAR using science and a lot of lies and so-called sophisticated computer programs to mislead the general public. Glamor, even if it is the result of lies, still sells as good as the all-healing Snake Oil sold years ago.

note: full-size chart in the Subscriber's section.

Important Fundamentals:

  • PLEASE, DON'T LET YOU FOOL BY THE ACTIONS OF THE GOLD BANKS!
  • This article is so good that it is for premium members only.
    Those who are so greedy that they don't want to spend some money to get DECENT and NEUTRAL advice, don't deserve the goodies.
    Very soon, these people will lose a lot more on their savings than the cost of a subscription to Goldonomic.

Important Technicals:

  • This is often the case:
  • This article is so good that it is for premium members only.
    Those who are so greedy that they don't want to spend some money to get DECENT and NEUTRAL advice, don't deserve the goodies.
    Very soon, these people will lose a lot more on their savings than the cost of a subscription to Goldonomic.

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Thursday/Friday, April 21-22, 2022, Your money will be gone in a Flash!


Updated Sections: Gold & Silver Juniors,

flash crash 2022 04 18The next decline of the Dow/Gold ratio is likely to reach the bearish target in max. 4-5 years from now. This means a further fall of 98% from the present level. In other words, the HERD will lose 98% of the value of their stock portfolio in REAL TERMS which is against gold. In other words, 74 years of SAVINGS will disappear in a flash sometime next 4-5 years. [see the section for Long Term charts]

"You will be happy (the Dow Jones will spike to unseen levels) but
you will have Nothing (in real terms your portfolio will be worth NOTHING)"

Your Life Savings Could Disappear In The Blink Of An Eye. The projection that the Dow could lose 98% in real terms (GOLD) is today even more likely. Since Feb 2019 gold is up by 50%, so it has done better than stocks.

A stock market is a slot machine with a continuous flow of guaranteed payouts. No skill is required, and relatively little money. And the wonderful thing is that you don’t even need to be lucky since the machine just continues to spew out money without the need for either a strategy or dexterity...that is until the power is lost!

Important Fundamentals:

  • Crude oil prices moved higher after the U.S. Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 15. This compared with an inventory increase of 9.4 million barrels for the previous week, which, however, failed to move prices in any significant way.
  • American Natural Gas prices are moving higher as producers try to export more to the EU.
  • Sector Rotation Model Signals Economy Moving Towards Early Recession.
  • EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185. Why wait until after the election to launch the embargo? Simple: Europe's bureaucrats are correctly terrified that the coming oil price spike to push the vote in Le Pen's favor, which is why Europe will wait until after the election (when Macron will supposedly be the next president of France, as Belgium hopes and we hope NOT) to announce it publicly.
  • The next decline of the Dow/Gold ratio is likely to reach the bearish target of 0.5. This means a further fall of 98% from the present level. In other words, the HERD will lose 98% of the value of their stock portfolio in REAL TERMS which is against gold. In other words, 74 years of SAVINGS will disappear in the next 4-5 years.
M TOTAL 2022 04 18 This article is so good that it is for premium members only.
M2 rising by 250% in only one year is NOT NORMAL! A Monetary base rising like it did since 2008 is NOT NORMAL and signals the END is NEAR!
M2 2022 04 velocity 2022 04 18
If you think this is normal, you need mental assistance! The Velocity of money is no longer a reliable indicator.  

 

This article is so good that it is for premium members only.

 
You really must be crazy to stay invested in Equities, Real Estate,...  

Important Technicals:

  • This article is so good that it is for premium members only.

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Tuesday/Wednesday, April 19-20, 2022 -There is no money left to buy Real Estate!!


Updated Sections: Index In Real Money/Gold, Long Term Charts, Royalty Co's, Majors     

BISHow stupid can one be? As stupid as an unelected EU politician/banker! The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine. The embargo will most likely be introduced in a gradual way, similar to the planned Russian coal embargo, to kick in this August, to give importers time to find alternative suppliers, the report noted. EU members have discussed direct energy sanctions despite the fact that even indirect sanctions targeting Russia’s financial sector have contributed to higher energy prices in Europe. Note that the Embargo measures against Russia in Sri Lanka have resulted in a critical shortage and rationing of gas and diesel.

“We are not getting back to normal.  The system is crumbling from within, and it’s just like the fall of Rome."

There is no money left to buy Real Estate! At first, there is a BUY CLIMAX, next the market dries up and the trap closed (now)...and finally, we have a crash. Because each Real Estate Crash happens every 50 to 75 years., it surprises not only the generations who never experienced a crash but also those who have forgotten about the previous one.

Real Estate is about the WORST investment one can make during times of uncertainty, war, fiscal and financial hardship, currency weakness,... because as soon as things go bad, it becomes impossible to liquidate and move the currency out of political reach. Also, the worst-case scenario is that it will be destroyed (bombed) as is the case in Ukraine. Farmland ain't any better as during times of war, it becomes impossible to cultivate the land.

Screen Shot 2022 02 10 at 11.06.47 AM

This is how to lose $416,000 in only 2 years' time. I remember how in 2005 Jimmy played the Real Estate Lottery just to be allowed to BUY a home. Jimmy was (un)lucky and was able to buy his house for $645,000. Only 1-2 years later we had this Lehman Real Estate crash and the value of his house plunged to $229,000.  So as prices plunged, so plunged the quality of the people living in the neighborhood.  Jimmy got fed up and decided to sell the property and moved to another area where prices had plunged to $600k-$700k. By doing so, he lost $416,000.

What many still don't get, is that the 2006-2008 Lehman Real Estate Bubble-pop was more an accident than a fundamental Trend change like is happening now. This time, the situation is far worse because now Real Estate prices are plunging because the REAL SPENDABLE INCOME of the consumer is falling.  On top "interest rates are zero to negative" and there is no room to push these further down. On the contrary, the overall expectations are that over the coming months and years interest rates will go UP.  Therefore we expect that Real Estate prices will come DOWN a lot more than in 2006-2008. Once the "real spendable income" comes down, the interest rate level becomes irrelevant and no longer impacts the Real Estate market.

bad time to buy a home 2022 04 13 housing affrdability 2022 04 16
Covid, Ukraine, soaring energy and food prices mean people can no longer afford to buy a home. If nobody can afford to buy a home, prices crash.

Home Sales Tumble To Lowest Since 2020. Pending home sales in February fell 4.1% m/o/m, worse than the estimate of up 1% and follows a 5.8% decline in January, a 2.3% fall in December, a 2.9% drop in November, and after a 6.3% rise in October. The index is at the lowest level since May 2020. This is the very beginning of the coming Real Estate crash. Note: these figures are more or less similar in France and Belgium.


People don't realize the HELL the Financial system (Banks, Brokers) has become!

  • We are witnessing a drive toward a Chinese-style social credit system, in which the integration of personal data and money through digital ID allows assets to be stripped by authorities and, more broadly, unprecedented levels of control over the lives of people ...
  • It is clear and empirically demonstrable that populations have been subjected to coercive and aggressive attempts to limit their autonomy, including restrictions on movement, right to protest, freedom to work, and freedom to participate in society. Most notably, increasing numbers of people have been required to take an injection at regular intervals in order to allow their participation in society.
  • The general public doesn't realize that the Financial World (Banks, Brokers) has become a REAL DIRTY SWAMP. Only those who have to navigate through this world experience it every other day. As usual, the general public will stay put - do nothing - and be slaughtered when the time has come.

There is no painless solution to what the Politicians have created over the past decennia. Soon, we are going to experience something worse than 1929 and the Great Depression. This time they will call it the Big Hyperinflationary Depression of the 21st Century. The video tries to explain something difficult in a simple way. And YES, what is coming will catch most by surprise. Fortunes will be LOST...but Fortunes will also be made! Which side will you be on? - VIDEO ONLY FOR SUBSCRIBERS -

This article is so good that it is for premium members only.

Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981. Expressed in pre-1981 figures, the U.S. inflation has risen by double or 16%. “U.S. inflation is exceptionally high, and that doesn’t mean 2.1% or 2.2% or something. This means comparable to what we saw in the high inflation era in the 1970s and early 1980s. Measured correctly, inflation is double as high (the rules changed since 1981).

Important Fundamentals:

  • Cryptocurrencies may all 'come crashing down'...crypto is an act of faith. This article is so good that it is for premium members only.
  • When
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This article is so good that it is for premium members only. real estate and cycle tops
 This is NOT Good! High Repo's = DANGER.
 
arab spring vs. now 2022 This article is so good that it is for premium members only.
Usually, the HERD doesn't believe something will happen until it actually does happen. The HERD refuses to learn from the past because they don't understand that the future is exactly the same as what happened in the past, but different.  SHIT happens each time Bankers start to mistrust each other...like now.

Important Technicals:

  • Gold is
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  •  Stock markets continue to look
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  • Bitcoin...doesn't look good at all! (see charts below)
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This article is so good that it is for premium members only. This article is so good that it is for premium members only.
Silver has broken out!?  
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The REAL value of cryptos is ZERO! Bad news for Crypto lovers.  
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This article is so good that it is for premium members only. This article is so good that it is for premium members only.
Breakout! Breakout!
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Remember that Miners are Energy sensible and Digital.
 

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happy Eastern

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Wednesday/Thursday, April 13-14, 2022 - There are only 9 meals between peace and revolution!


Updated Sections: Euro and €-Gold, Candollar & Gold, British Pound & Gold, 
Swedish Krona & Gold, Aussie & Gold, Yen & Gold, SA Rand & Gold,
World Stock Market Indexes,

Marcot soleilLouis XIV’s (The Politicians) lavish spending and penchant for endless warfare had left the kingdom (Western world) completely bankrupt; the French (Western) national debt was so large that its interest payments alone exceeded the government’s annual tax revenue.

Taxes were already high, stifling economic development. Inflation was rising. Food was in short supply. Corruption was rampant. Social divisions (yellow vests, anti-vaxxers,...) were raging.

Most of all, people were angry. The King (politicians) that had ruled over them for seven decades had ruined their lives, and there was hardly a single household in France (the Western World) that hadn’t lost a loved one to one of Louis XIV’s (the politicians) wars, lost his job and/or had problems "meeting the end" each month. 

Louis XV, Le Roi Soleil, or Louis XIV completed the theft by building all these lavish buildings one can visit today in France. Modern tourists keep wondering about their beauty. Not ONE realizes that by doing this, the Kings (Politicians) ruined France (The Western World). Not once this bare reality is mentioned by the Tourist Guides.

There are only 9 meals between peace and revolution. No wonder his successor Louis XVI and his wife Marie-Antoinette who advised the Hungry people to eat CAKE if BREAD was not available (and too expensive), were decapitated during the French Revolution in 1789. [Note that only years ago, a Spanish Prime Minister told his people to eat Rabbit if there was no Beef, or if Beef was too expensive]

"When a Central Bank creates money, it does not create purchasing power, it destroys money because it destroys purchasing power"

Money and inflationThe Obama/Biden Administration was out to kill Russia financially, and it appears they are killing the dollar instead. Russia is demanding rubles for its energy, and that means fewer dollars needed. Other countries are shedding the dollar to do business with Russia, namely China and India. Those dollars are going to come home, and when you have a lot of something flooding, the price goes down. In this case, the buying power of the dollar is going to continue to go down.

Is the US, and the EU about to go the way of Japan? The Japanese yen tanked after the Bank of Japan vowed to buy an unlimited number of Japanese government bonds in order to hold the 10-year yield under its 0.25% target. [this is the monetization of the DEBT...and the end!]

Just like with the Bank of Japan, this highlights the big lie Powell, Draghi, and the current ECB president Christine Lagarde has been telling: that the artificially low-interest rates and QE were driven by too little inflation. You really have to be a Douchebag to tell this to your Citizens.

Low inflation was never a problem and NEVER is a problem, on the contrary, it is a BLESSING. But now they have another real problem of too high inflation that they can’t solve. They can't solve it because Hyperinflation has been baked into the system over the past 50 years.

Why was/is the ECB continuing to print euros to buy government bonds, in particular Greek government bonds, Italian government bonds, and Spanish government bonds? And the answer is those governments were/are running big deficits. They are not complying with the original premise of the European Union. They are not holding their deficits down in relation to their GDP. And so the reason the ECB is interfering in those bond markets is to keep interest rates in a lot of these southern European countries artificially low.

So, in order to justify intervening in the bond markets, to spare Italian or Spanish politicians from the hard choices of cutting government spending or raising taxes, the ECB monetized that debt. But they couldn’t say the reason we’re printing all of this money is so we can bail out the Italians or bail out the Spanish, so they had to come up with another excuse. And their first lame excuse was that inflation was too low. Next, they blamed COVID and now they blame Putin...all for something they created themselves over the past +50 years.

Both the BOJ and the ECB have been badly caught out by price inflation and will be forced to raise rates from negative sharply higher – or else the natural force of the markets will do it for them. Furthermore, the most highly leveraged commercial banking systems happen to be the Eurozone's and Japan’s. The yen rather than the euro is the first to crack in the current circumstances. A full-scale banking crisis from currencies down is in prospect. For the U.S.A. and Canada, the same story more or less applies.


There is no money left to buy Bonds, Stocks, Real Estate!

Personal Savings rate 2022 04 10

Important Fundamentals:

  • The fact that the Broad Public now understands that the Authorities
  • This article is so good that it is for premium members only.

Important Technicals:

  • Dow falls 400 points - Nasdaq tanks on rate fears. Markets ...
  • Uranium equities are likely ...
This article is so good that it is for premium members only. This article is so good that it is for premium members only.
Bad news for Crypto lovers. Bad news for Crypto lovers.

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Monday/Tuesday, April 11-12, 2022 - Ukraine is just a cover-up for the Big Depression of the 21st Century!


Updated Sections: Gold-$, Rupee Gold, Swiss Franc & Gold, Euro and €-Gold,
Uranium Shares (2 new shares),

gold rubleThe EU economic war against Russia does nothing to help innocent Ukrainian citizens, victims of this illegal war. Russia is undeterred, while EU citizens face disastrous inflation, rocketing energy costs, and a historic decline in living standards. This is madness…The EU, instead of promoting peace and acting in the interests of the people of Europe, the Ukrainians, the EU citizens, and yes, the Russian citizens, has become a tool of NATO and the military-industrial complex.

"No sane country will ever hold their reserves in US dollars or other currencies at a bank that the US government can directly or indirectly control. (May 2022)"

China And Russia Own The Gold And Will Make The Rules. To sanction a country like Russia which has the world’s greatest natural resources to the extent of $75 trillion is total madness. Even worse when this sanctioned country supplies the energy of almost half of Europe, this is not just shooting yourself in the foot but also in the head. This will not just lead to energy and food shortages in the West but also a massive decline in world trade as well as GDP. “Cutting off energy from Russia will spiral Germany into its most “catastrophic economic crisis going back to the end of WWII!”

China and Russia are not going down the path of the West’s inflating currencies. Instead, they are moving towards a sounder money strategy with the prospect of stable interest rates and prices while the West accelerates in the opposite direction...and keeps destroying itself. One does not sanction the world’s most important source of energy exports and the supplier of a wide range of commodities and raw materials, including grains and fertilizers, without damaging everyone but the intended target. Worse still, the intended target has in China an extremely powerful friend, with which Russia is a partner in the world’s largest economic bloc — the Shanghai Cooperation Organisation — commanding a developing market of over 40% of the world’s population. That is the future, not the past: the past is the woke West, punitive taxation, economies dominated by the state and its bureaucracy, anti-capitalistic socialism, and magic money trees to help pay for it all.

"The past is the Woke West, with its' punitive taxation, state-controlled economies and bureaucracy, socialism and a money tree to pay for it all."

HYPERINFLATIONARY depression followed by deflationary depression. The course of events that I see from here will be inflation, hyperinflation, debt collapse, asset collapse, leading to economic misery and eventually to a deflationary depression. There will be continued migration, but probably to a lesser extent since there will be no promised lands that will offer the migrants a better life. There will be isolationism and many countries will try to close their borders. For the time being, the trick will be to financially survive the Hyperinflation. Such will certainly not be possible for those staying in Equities (Bonds, Shares), Real Estate, Cryptos,...[remark: I will NEVER understand HOW and WHY the HERD keeps believing in the fairy tales of Governments and in the lies of the Snake Oil merchants. Doing so is like letting a plumber, operate on your heart. Einstein already knew this....the stupidity of the Humans is]

"Two things are infinite: the Universum and human stupidity; I am not sure about the universe."  A. Einstein

There will also be wars, cyber, civil, and even major military wars. Mankind has never for any longer period stayed away from wars and especially not in periods of economic depression and high debts. Wars are such a wonderful excuse for poor leaders both to print more money and blame for the misery that the people suffer...Economic Depressions always end with a War.  So as the 1929 Depression ended with WW2 and was resolved in 1944 with Bretton Woods, so will the Big 2021 Depression of the 21st-century end with war and a Bretton Woods II.


As we forecasted in earlier updates, the EUSSR and the Euro will probably disappear as we move deeper into this Depression.

  • There are two additional problems for the Eurosystem not faced by the BOJ and the yen. The ECB’s shareholders are the national central banks in the euro system, which in turn have balance sheet liabilities more than their assets.
  • In recapitalizing itself the ECB does not have a government to which it can issue credit and receive equity capital in return, the normal way in which a central bank would refinance its balance sheet by turning credit into equity. Instead, it will have to refinance itself through the national central banks which being insolvent themselves in turn would have to refinance themselves through their governments.
  • The euro system’s settlement system reflects enormous imbalances which complicate resolving a potential funding crisis. For example, on the last figures (end-February 2022), non-German countries owed €1,150 billion to Germany, while Italy is in debt of €568 billion. If Italy writes off this debt, it will push Germany even deeper into the red. This problem is not insoluble perhaps, but one can see that political wrangling over these imbalances will only serve to draw attention to the fragility of the whole system and undermine public trust in the euro.
  • With Germany’s CPI now rising at 7.6% and Spain’s at 9.8%, negative deposit rates are wildly inappropriate. When the system breaks it will be sudden, probably overnight, violent and a shock to those in thrall to the euro system.

Important Fundamentals:

  • US Dollar will also
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Frackers have learned their lesson! There is a HUGE shortage of xxxx
This article is so good that it is for premium members only. Ruble vs Dollar 2022 04 09
 Only those who hold the PHYSICAL Gold, have the power! Bonds, Shares, Bank Deposits, Real Estate, Art, Antiques,...all mean NOTHING once people are hungry.  The Ruble back to the pre-sanctions level versus the Euro proves the Western Political Retards are shooting themselves both in the foot and the head.

Important Technicals:

  • This PF-chart for €-Silver is very interesting
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This article is so good that it is for premium members only. WTICsc 10
Is a Buy...see section Solar & Rare Elements for more!  Oil is treading water around an IMPORTANT level: will $100 become a SUPPORT or remain a RESISTANCE? If $100 acts as a support, expect to see $140 to $150 soon.

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Friday, April 8, 2022 - The US-Dollar (the Petro-dollar) is Toast!


Updated Sections: Silver, US Dollar, 

PUTIN EU USSaddam, Gaddafi, Iran, Venezuela – they all tried, but they failed. But Russia is on a completely different level. The beauty of the game-changing, gas-for-ruble, geoeconomic judo that Moscow practices are its stark simplicity. Russian President Vladimir Putin's presidential decree on new payment terms for energy products was, predictably, misunderstood by the collective west. The Russian government is not exactly demanding a simple payment for gas in rubles.

What Moscow wants is to be paid at Gazprombank in Russia, in the currency of its choice, and not into a Gazprom account at any banking institution in Western capitals. What this means in practice is that foreign currencies should be sent directly to Russia, not piled up in a foreign bank – where they can be easily hijacked, or, moreover, frozen. All these transactions must henceforth be transferred to a Russian jurisdiction – eliminating the risk of payments being interrupted or outright blocked.

It's no wonder that the subservient apparatus of the European Union (EU) — actively destroying their own national economies for the sake of Washington's interests — is intellectually incapable of handling the intricate business of converting euros into rubles. To understand, Gazprom made things easier on Friday by sending official notices to its counterparts in the west and Japan. Putin himself was forced to explain in writing to German Chancellor Olaf Scholz how it all works. Again, very simple: customers open an account with Gazprombank in Russia. Payments are made in foreign currencies – dollars or euros – and converted into rubles at the prevailing exchange rate, and transferred to various Gazprom accounts.


When The Delusion Shatters, and it will for sure,  It Will Be Spectacular. Fascinating to watch the Fed (the ECB and many market participants) engage in the collective delusion that they can run the “Volcker 1979 playbook” with US debt, deficits, and Balance of Payments akin to 1920 Europe. When this collective delusion shatters, it will be spectacular. This time, it is impossible to hike the general level of interest rates to 5%...and higher. Certainly not to +20% as Volker did in 1980-81. The debt-soaked, energy-dependent West is not as strong as the narrative makes you believe, which means Gold, as it has done for thousands of years, will rise as failed leaders and their failed bureaucracy, debt-soaked nations, and world reserve currencies fall…to ZERO.

In the meantime, the EU inflation continues to rage...Note Turkey already has a 60% consumer price inflation. We expect to see a lot more inflation towards the end of the year. The failed leaders will continue to blame Putin for something they manufactured themselves.

 EU producer inflation 2022 04 06


Important Fundamentals:

  • So far, the Fed’s removal of stimulus hasn’t had much effect on financial conditions.
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Interest Rates have only so much room... Interest Rates have only so much room...  

Important Technicals:

  •  Stock Market indicators point to XXXXX stock markets over the coming weeks and months.
  •  Crypto's will,
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This article is so good that it is for premium members only. This article is so good that it is for premium members only.
We have a HUGE Medium & Long term Top for xxxxx.  This is a CLEAR SELL!  Will the price of oil breakout or bounce down this strong resistance level?
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Fertilizers: ready for a price correction? Gasoline: running into resistance and ready for a price correction?
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xxxxxx to resume its bullish trend. xxxx: a SUPER buy at the present level.
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xxxx: is to resume its bull trend soon. xxxx: breaking out of a Bullish Flag!
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A BUY at the present level.  A BUY at the present level.
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CAUTION!  The NASDAQ doesn't look very bullish!
This article is so good that it is for premium members only.  This article is so good that it is for premium members only. 
Are you sure you want to keep your shares? Are you buying some shares at these CRAZY levels?

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Wednesday/Thursday, April 6-7, 2022 - The times of Switzerland and Liechtenstein are over!


Updated Sections: Gold Targets, Inflation Index,

rublesRussian President Vladimir Putin announced on Thursday that the country is changing the payment mechanism for certain exports, starting with natural gas on April 1. The measure affects countries that have imposed sanctions on Russia in connection with Ukraine and froze Moscow’s foreign reserves. The ‘unfriendly’ states Putin referred to are the US, UK, Canada, Australia, Japan, Taiwan, South Korea, Switzerland, the 27 nations of the European Union, and a number of smaller countries.

"This measure is to reduce Russia’s reserves in the currencies of unfriendly countries, including the US dollar and euro,
given the risk of sanctions-related freezing of payments."

The Russians and Chinese are acutely aware that Western currencies, particularly the yen and euro, but also the Dollar are likely to be undermined by recent developments. The financial war, which has always been in the background, is emerging into plain sight and becoming a battlefield between fiat currencies, and it is full-on. The winner by default is almost certainly gold, now the only reliable reserve asset for those not aligned with Russia’s “unfriendlies”.


"A digital currency comes in very handy during times of hyperinflation!"

digital euroBiden and Lagarde are planning a new digital DOLLARS and EUROS. Here’s why you should be very worried. If the United States were to adopt a digital currency like the one discussed in Biden’s executive order, it would be one of the most dramatic expansions of federal power ever made, one that could put individuals and businesses in grave danger of losing their social and economic freedoms. The same applies to the EUSSR.

A digital dollar (euro) would not merely be a digital version of the existing U.S. dollar (Euro), but rather an entirely new currency that would, at least at first, exist alongside today’s currency. Similar to cash, the digital currency would be used to pay for goods and services and would likely be managed by the Federal Reserve, the central bank of the United States (and the ECB, the central bank of the EUSSR). Unlike the current dollar & Euro, though, a central bank digital currency would not exist in physical form, meaning you wouldn’t be able to go to a bank or ATM and withdraw it.

Digital dollars & Euros, on the other hand, would be traceable and programmable. The Federal Reserve (or some other designated entity) would have the ability to create more digital dollars  & Euros whenever it sees fit, and, depending on how the legislation is written setting up the currency, the dollars & Euros could be formulated to have various rules and restrictions built into their design.  For example, a digital dollar & Euro could be crafted to restrict fossil-fuel use, give bonuses to people for spending at particular businesses, to enact de facto price controls by disallowing users from spending too much on particular products, or even redistribute wealth, to force consumers to spend money before a certain date.

So much for those believing you can't eat Gold and pretending STOCKS perform better than Gold. Physical Gold is easy, doesn't need a lot of work and attention, AND outperforms equities!

gold return

Those who keep buying and keep holding Real Estate are in for a VERY BAD SURPRISE - You will not be able to sell a property at a higher price if:

  1. high inflation and hyperinflation erode the disposable income of all potential buyers.
  2. high inflation and hyperinflation make the maintenance cost of a property very expensive (unaffordable).
  3. government blocks, and freezes rents in order to protect the Herd.
  4. the government (which is in a dire state) decides to drastically increase property taxes (after all, those who have 1 house, especially 2nd and 3rd houses, etc. are very rich).
  5. if the banks become even more difficult to grant mortgage loans (which is already the case)...and these kinds of mortgage loans are no longer available (e.g. Argentina), the number of potential buyers (demand) will get a lot lower.
  6. once interest rates rise to 15% - 20% and higher, who will be able to honor a mortgage? NO ONE.
  7. finally, we have an inverted population pyramid. So, a growing number of SELLERS and fewer BUYERS...more supply than demand. This will also bring prices down.

Conclusion: buying & holding real estate now = financial suicide!

 Shiller home index 2000 2022


Swiss bank secrecyThe good old days of Swiss and Liechtenstein Bank Secrecy are over. No more numbered accounts, no more Anonyme safety deposit boxes, no more nameless safekeeping of Gold and/or Silver. With the precision of a Swiss Watch, local authorities now communicate EVERYTHING to the International Authorities (even the Safe Deposit boxes). Almost everything that has your name on it, is known. In most cases, Your tax man knows EXACTLY WHAT YOU HAVE and HOW RICH you are. There are still some ways to get around this, however, most ordinary people (and this includes many professionals or people pretending they are professionals) have no clue of how to navigate today's murky waters. Also, note that Switzerland and Liechtenstein are NO LONGER NEUTRAL countries.

Also, for years now, it has BY LAW become forbidden for local people who might know how to organize themselves to give you any advice. Even worse, they (lawyers, accountants, bankers, bookkeepers,...) must by law communicate to the local tax authorities the name of any party they suspect may try to evade taxation.

Because of CRS, UBO, FATCA,...local tax authorities automatically know all Real Estate you own (almost worldwide), Corporations you have, and where you get income from, Safe deposit boxes you have in countries like Switzerland and Liechtenstein, Gold and Silver deposits you have with banks and Gold brokers, Custom agents, in some cases, tax authorities (ex. Greece, Italy) force you by law to communicate the exact content of your safety deposit box...The system is so good that each night, Karl Marx, Lenin, and Mao have an orgasm. Luckily there are still some hidden, open backstage doors...

Important Fundamentals:

  • This is the endgame for the yen and also the euro          This article is so good that it is for premium members only.
  • We have TWO Gold markets: a physical market with low & falling physical stocks and a FIAT PAPER         This article is so good that it is for premium members only.

o

Important Technicals:

  •  Breakout...see chart.
This article is so good that it is for premium members only.  

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Monday/Tuesday, April 4-5, 2022 -  Europe should stop hurting itself “more than the Russians.”


Updated Sections: Gold Targets ,

Biden PutinEurope should avoid hurting itself “more than the Russians.” The April 1 deadline for the payment switch has been set. Putin Signs Decree Ordering Gas Exports To Be Halted If Buyers Don't Pay In Rubles Finally, now that it appears the ruble will have to be purchased by western powers, the currency has completed its roundtrip to pre-invasion levels. Countries will need to create ruble reserves to buy Russian gas

“The infernal Western sanctions have not only failed to paralyze Russia but have instead bounced back to the West like a boomerang”

The "infernal" Western sanctions have not only failed to paralyze Russia but are instead "returning like a boomerang to the West"Confidence in reserve currencies is “fading like the morning mist”, and the dumping of the US dollar and the euro is no longer unrealistic: “The era of regional currencies is coming.”

The Western sanctions are simply pushing Russia and China further together and further away from US Dollars and US Treasuries. Such shifts have massive ripple effects which Biden’s financial team appears to have ignored. As of March, the news out of Saudi is hinting that they would consider purchases of oil in CNY as opposed to USD, which would signal the end of the Petrodollar. Many have now seen that the US is willing to seize US Treasuries as a form of financial warfare. Thus, it’s no coincidence that they too are looking East rather than West for future deals, and Russia could use its new Chinese currencies to buy everything from nuclear plants to gold bars in Shanghai.

"The sanctions have backfired on the Euro, Pound, Yen, Dollar-printing."

Fertilizers, fuels, feed grain, and cheap wheat--we've seen prices across the board jump in recent weeks following Moscow's invasion of Ukraine. We know what happened last time Russian wheat exports didn't reach markets in 2008--a series of price spikes that left several vulnerable governments reeling. Across the Arab world, we saw these consequences play out as the Arab Spring.

"Governments (Biden) are announcing rationing."

But what happens when food inputs are not only more expensive but impossible to find? What of the globalized agricultural market, where producers across the globe are dependent on imported inputs to grow exported feed grain? Where subsidized bread is made from imported grain? And the transport systems moving everything face rising fuel costs?

Russia's abundance of flat, cool-temperate land doesn't provide much in terms of defensible geography. But it is good for growing grain, particularly wheat. Russia's place in global grain markets is also a great example of technology helping a country overcome geographic limitations. Moscow was not blessed with a country boasting an American or German level of navigable riverways, nor are its prime grain-producing regions particularly close to any of its ports.

Russia is often derided as a gas station masquerading as a country. As I have noted before, this is an oversimplification that belies the significant role Moscow plays in global agricultural markets. Russia and its wheat belt neighbors, particularly Ukraine, are significant agricultural exporters of grains and seed oils. But Russia is also a leading global exporter of fertilizers and fertilizer components. Not only do Russian fertilizer exports help support agricultural production in Brazil, China, India, and Europe, but they help provide necessary supply in a globalized market that is increasingly seeing farmers' input costs rise.

"The breaking of trade relationships, the spike in energy pricing, and the Ukraine War will limit sharply what
is possible in the world of agriculture and do so more quickly than I have ever feared."

"Russia expected to record highest gas profits in history by 2022 thanks to West sanctions."


Important Fundamentals:

  • Gold remains the only true neutral reserve asset of global central bank balance sheets
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ECB M 2022 03 29 USTGold pf1
   Bonds to become worthless soon.
This article is so good that it is for premium members only. germany 2y yield 2022 03 29
 Correlation between interest rates and gold. And interest rates are bottoming out and we are about to see HIGHER interest rates.

Important Technicals:

  • See charts below.
This article is so good that it is for premium members only. This article is so good that it is for premium members only.
 $8,500 target: the main problem is and will be to keep your gold out of 'political reach'. $10,000 target..and those who sold their gold in 2011, don't understand what is happening.
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 The stronger Ruble, the higher the BOTTOM price of Gold. Those EU & US politicians really are IDIOTS!

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Friday, April 1st, 2022 - Russia Just Announced A Gold-Backed Ruble!


Updated Sections: ,

Gold Ruble 2022 03 30Why would anybody accept Dollars as payment for anything if these can be seized? Would you accept dollars? Of course not.  By seizing the Currency Reserves of Russia, the USA has officially signed the death verdict of the Dollar as the reserve currency, and also of the US-Dollar.  The Bretton Woods system collapsed when the West seized Russian central bank reserves, and it seems that the gold ruble adds to the end of the U.S. dollar as the world reserve currency under Bretton Woods…

Soon investors or commodity traders will have the following options: A Russian rouble covered by gold, or a US dollar covered by worthless debt. If the US keeps on pushing the price of gold down and the rouble continues to strengthen against the USD, all hell will break loose...

The Russian Central bank has decided that it will restart buying Gold from banks and will pay a fixed price of 5,000 Rubles per gram or around 16,000 Rubles per oz. ($1,830 to $1,880 per oz) from March 28 until June 30, 2022. This action puts an absolute bottom under the price of Gold.

Note: Digital money is likely to be launched in the coming years. But cryptocurrencies can and will NOT play a major role. One cannot save Thin Air with Thin Air!

Russia Warns of $300 per Barrel Oil If Imports Slapped. Russia’s deputy prime minister Alexander Novak has warned that if the United States and the European Union were to ban imports of oil from Russia, oil would move to $300 per barrel. Against the background of record gas prices, Gazprom (GAZP) has ramped up supplies to Europe, with March daily inflows averaging some 3000 GWh so far, up 30% compared to February.

Putin’s Rouble Payment Threat Triggers Gas Markets. Russia’s President Vladimir Putin demanded the conversion of Gazprom’s (GAZP) long-term gas contracts into roubles, sending shockwaves across European gas importers who could see another record spike in gas prices should the threat materialize. Russia’s central bank can sell rubles to gas buyers or they can buy the currency on the open market. From now on, it may also be wise for governments to hold rubles in their central banks.

US Clinches New LNG Supply Deal with Europe. US producers will seek to supply 15 billion cubic meters of LNG to the European Union in 2022 as a means of weaning the continent off Russian gas dependence. The problem is that there is NO INFRASTRUCTURE to do this.

"Most are shocked, no doubt, by the recovery in the Rouble over the past several weeks since hitting that panic high
(or low, depending on one’s POView) in early March."

Important Fundamentals:

  • This article is so good that it is for premium members only.
  • This video is a MUST WATCH and explains EXACTLY what we are going through and, what is going to happen over the next few years. Note the min 30 to 34 where at the end of the cycle (where we are now),
    • This article is so good that it is for premium members only.

Important Technicals:

  • As expected (see the previous update) support levels for Gold and Silver.

This article is so good that it is for premium members only.

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