09
December
2019

DECEMBER 2019

[Most Recent Quotes from www.kitco.com] [Most Recent Quotes from www.kitco.com]

Monday/Tuesday, December 9-10, 2019  -  Brexit: why is it so hard and why is the UK still in the EU? 


Updated Sections: Corporate Bonds, $-Gold (check the candle charts) , Majors (the HUI-candle charts),

Screen Shot 2019 12 07 at 3.39.55 PMIn France, many people are hungry and don't have enough money to feed their children properly. In the EU and in France all the money of the others has been spent and debt levels have reached dangerously high levels.  Hence Macron has no choice but to clean up the French pension system as a whole: read reduce its overall cost, make the people work longer, take away financial privileges,... The problem being that over the past years the REAL income of the french people has already come down sharply (you can cook the inflation figures, but you can't cook the reality of life). The reality is that the average income of the french labor class (Euro 1,000 to Euro 1,400) is insufficient to make the ends meet at the end of the month. The situation is even worse for pensioned people.

no inflation 2019 12 07

Brexit: why is it so hard and why is the UK still in the EU?  #1 is that it is wrong to let Bad Smelling Professional Politicians decide about business matters, #2 is that these professional politicians have their own agenda and don't give a F***K about the citizens, #3 is that there is a lot of POWER involved, and if you say Power, you also say MONEY. 

Instead of FREE MARKETS, we have POLITICAL REGULATED MARKETS...or politicians decide about which Tomatoes can be imported and where these can be sold, politicians decide about how many cows farmers can hold and what these can be sold for, politicians decide where potatoes can be grown and how much these can be sold for.  Everyone with some brains knows that such a system is doomed to fail.

Contrary to the general belief, Politically controlled markets come with lobbying and ALWAYS results in monopolies, oligopolies, and COMMUNISM. A Free market economy or an economy controlled by entrepreneurs results in exactly the opposite, in lower prices, in less debt and in more prosperity for all.

"Let politicians manage the Sahara and in 5 years time, all sand will be gone."

Things to get uglier and very serious in 2020.  Next year may well be the year where the remaining 93% of the stadium could get filled in only 5 minutes' time.  

Why are they creating money out of thin air like drunken sailors?…

Debt is too hight, Taxation (government income) is too low and the creepy politicians elected by retarded people are in misery. On Monday, 25 November 2019, the Federal Reserve Bank of New York pumped a grand total of $118.5 billion into the U.S. financial system. The following day, Tuesday, 26 November, the Federal Reserve Bank of New York added another $92.7 billion by purchasing $72.75 billion in overnight repos and $19.95 billion in 14-day repos. On Wednesday, 27 November, the Fed of New York again injected a total of $108.95 billion by accepting all $87.9 billion in overnight repos and $21 billion in 15-day repos. On Friday, 29 November, the Fed Reserve of New York went back at it on Friday, when it flooded $88.45 billion into the financial markets in the form of overnight repos. Earlier this week, The Federal Reserve Bank of New York pumped in another $97.9 billion

Important Fundamentals:

fed balance sheet vs. gold price 2019

<- Fed & Central Banks Balance sheets vs. Price of Gold

 

Important Technicals:

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Thursday/Friday, December 5-6, 2019 - Europe Set to Overhaul Its Entire Economy in Green Deal Push and to destroy EU-economy.


Updated Sections: Bonds USA, Bonds Europe,  ,

Screen Shot 2019 12 04 at 10.47.59 AMEurope Set to Overhaul Its Entire Economy in Green Deal Push and to destroy EU-economy. The Eu's political elite view the climate argument as a voter winner, plus a source of revenue for their constrained social services and an additional control on the economy that would be impossible under normal circumstances. It is also a response to the fact the region is a major energy consumer and has long had to deal with regimes it is politically at odds with because of its dependence on imports of energy commodities. This Green Deal will break the back of the European Economy and push the EU into more Communism.

"When the cost of Energy gets too expensive, the economy always dies."

Everybody starts to see and understand something is not OK...However, the multi-million-dollar question most people have is how long it will take before something bad will happen. One can find the answer below. Extremely dangerous is that in the final 5 minutes the stadium goes from 7% full to 100% full.

“EXPONENTIAL MOVES ARE TERMINAL
There is a more scientific illustration of how exponential moves occur and also how they end.
Imagine a football stadium which is filled with water. Every minute one drop is added. The number of drops doubles every minute. Thus it goes from 1 to 2, 4, 8 16, etc. So how long would it take to fill the entire stadium? One day, one month or a year? No, it would be a lot quicker and only take 50 minutes! That in itself is hard to understand but even more interestingly, how full is the stadium after 45 minutes? Most people would guess 75-90%.
Totally wrong. After 45 minutes the stadium is only 7% full! In the final 5 minutes, the stadium goes from 7% full to 100% full.”

Important Fundamentals:

  • New tariffs from U.S. President Trump threatened to slap 100 percent tariffs on $2.4 billion of French imports. He also announced steel tariffs on Brazil and Argentina, accusing the two countries of manipulating their currencies, a bizarre claim, particularly in the case of Argentina, where the government has scrambled to prop up the falling currency amid the economic crisis.
  • xxxxx sets 2050 net-zero carbon target. Spanish oil company set a 2050 target for net-zero emissions, arguably the boldest goal within the industry to date. The company aims to use clean energy for its refineries, add bio-fuels to its mix, cut flaring, and use offsets such as carbon-capture and tree planting. The company also plans to take a 4.8-billion-euro impairment charge in the fourth quarter on some of its oil assets.
  • xxxxx saw its net profit fall by 43 percent year-on-year, due to lower export volumes and lower natural gas prices in Europe.
  • Russia-to-China pipeline to start up. The “Power of Siberia” pipeline is set to open on Tuesday, a long-distance, a 3,000-km natural gas pipeline connecting Russia and China. The project was initially inked back in 2014, and the contract lasts for 30 years. The pipeline could knock out coal demand, as well as LNG imports, in China.
  • Stocks are in a bubble...and the chart below proves it.
stock buy in 2019 Click here for more...
Stock Buy-In $-Gold price versus Fiat Money supply at a historic low.

Important Technicals:

  • The Dow Jones Industrial Average took a large dive on Wednesday. Stock Markets are in a BUBBLE and the non-believers will pay a very high price for staying in stocks and/or buying stocks.
  • This is without any doubt the time to Click here for more...

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Wednesday, December 3, 2019 -  Governments don't create wealth, they consume it!


Updated Sections: Commodities expressed in Gold, Inflation Index , 

Screen Shot 2019 12 03 at 9.59.58 AM
Iran's security forces shot and killed 'rioters' in gasoline price protests.
Iranian security forces shot and killed “rioters” in multiple cities amid the recent gas price protests, according to a report by the state-run television on Tuesday. Iran has faced growing international criticism and pressure over the security force crackdown on demonstrations that spread across at least 100 cities and towns throughout the Islamic Republic. What many people don't realize is that Oil and Gasoline prices go up all over the world. Even in Oil producing countries.

Oil products and gasoline, automobiles,..for Governments the easiest and fastest way to milk their citizens. The authorities, however, don't realize that this is a short term vision and that expensive Oil products (and expensive energy) are a damper on the economic activity.  The Belgian revolution started because the tax on BREAD was raised. The French Revolution started because SOAP became too expensive. Maybe the next revolution will start because Gasoline has become too expensive!?


ZhivagoMost people have no assets, only DEBT. For the ones who own real estate with a mortgage, the value of their property is likely to be lower than the debt. When the crisis occurs, Governments will legislate to let defaulting property owners stay in their houses. The same will apply to people who rent accommodation. This is a standard rule in the coming Marxist environment.

Even though the wealthy will see colossal destruction of their wealth, some will still be left with sizable assets (on condition they don’t have major debt) which will be worth a lot less. However, when Marxist/Socialist governments take over they will either expropriate the properties of the wealthy or tax them so high that owners can’t afford to keep them. This happened in the USSR at the beginning of the Great Communist Revolution. Those who don't, believe me, must watch the movie: Doctor. Zhivago.

"The UK Labor leader Corbyn has already suggested that luxury properties in Central London should be occupied by ordinary people and not the current wealthy residents."

This is exactly what happened in Russia and Moscow at the time of the Great Red Revolution. Homeless people were housed in the luxury dwellings of the Russian Rich. People tend to forget that when things get really bad, politics ALWAYS become RED and the Middle and Upper classes suffer most.

"Today, co-housing is sold in a more subtile way...as being good for the environment."

Important Fundamentals:

Important Technicals:

  • The following shares show a BUY signal. Many other miners do and they indicate HIGHER Gold & Silver.

Click here for more... 
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.


Cyber-Monday/Tuesday, December 2-3, 2019 - The global economy is on crutches!


Updated Sections: ,

la patate   charles michelWhy should one have elections in a Democrat (alias Communist) regime?!  Europe has a new president although nobody voted this man in place. La Patate (alias Charles Michel) is the “fils a papa” alias son of a Belgian politician by the name of Louis-Michel. He's is not the only one who's been promoted to an important position within the EU without being elected by the people. After the appointment of Christine Lagarde as head of the ECB, more women ended up in key EU-positions just because they were females and NOT because of their talents. Why should one have elections in a Democrat (alias Communist) regime?! These appointed politicians are the people who have their mouths full of the word 'democracy'.


The global economy is on crutches. This is why it requires constant central bank intervention and hence the talk of fiscal stimulus everywhere. The plain truth is it can’t do without. Organically it already is in recession. Intervention/stimulus/debt keeps kicking the can...


"So as the automobile sector goes, so goes the economy." (old saying)

Screen Shot 2019 11 30 at 5.52.22 PMGerman Manufacturing Job Losses Top 100,000 With Daimler Cuts.  The evolution of the global automotive sector represents a major challenge for the Germany economy. Electric vehicles have fewer parts and therefore require fewer component suppliers. The battery is also the biggest constituent of the vehicle’s cost and Germany does not yet have its own production facility. In fact, it is unlikely to ever become a dominant force in the production of batteries considering China and South Korea’s already huge leads.

They tried it all..dieselgate, hybrids, electric cars, green cars,...VW merged with Nissan to cut expenses. Nothing works. Daimler, Audi, and BMW are firing people and the automobile sector keeps sliding into a deep depression.


"A Minsky Moment in China!"

China Financial Warning Signs Are Flashing Almost Everywhere. Two years ago China’s central banks Zhou Xiaochuan gave a speech where he talked about the risk of a Minsky Moment and what could be done to avoid it. A Minsky Moment is when asset prices experience a sharp reversal following a long and prolonged advance. That kind of risk evolves from deploying procyclical policies for a prolonged period.

"Too late for people in Lebanon to send their savings to a safe heaven. Last week, authorities in Beirut have decided to implement capital controls..."

The Bundesbank is a “gold bug.” European central banks are slowly preparing for plan B: gold. German Central Bank: Gold Is the Bedrock of Stability for the International Monetary System. Underneath the pyramid is gold that forms the base of most reliable value; all asset classes within the pyramid on progressively higher levels involve more risk. Exter would sometimes refer to his model as the debt pyramid; hence, he positioned gold outside of it as it’s the only asset that has no liability against it.

The IMF considers all financial assets to have counterparty risk, except gold. This safe haven is gold, the only asset refuge that has no counterparty risk. The IMF lists all international reserve assets by descending order. Crowning the lineup is physical gold, followed by cash, debt securities, equity, and finally derivatives.

"A bar of gold always retains its value, crisis or no crisis."

investment pyramid IMF IMF top holdings

Click here for more...

Important Fundamentals:

  • Last week Morgan Stanley lost $100 million..breadcrumbs and the loss didn't affect the stock price which sells again at a top price.
  • The quantities of natural gas that can be brought to market, almost at will, are nothing short of astounding and suggest a price war is inevitable. With Australia now producing almost as much gas as Qatar and the USA exporting the bounty from shale wells, the global market for gas is likely to continue to grow.
  • If correct, Both the dollar and Wall Street will come down in 2020! The dollar is a bear trap as the USA is on the next QE the Dollar comes under heavy pressure. We expect the dollar to go down in 2020 and will be able to confirm this end of the year.
  • xxxxx lake buys xxxx Gold for $4.89 billion.
  • Large pharmaceuticals companies have effectively outsourced research and development to the speculative biotechnology sector and are prepared to pay up for those that approach commercialization.
  • If France, Italy or Spain leave the EU, Germany goes bankrupt!
  • Click here for more...

Important Technicals:

  •  All shares in our Platinum section are strong buys.
  • This is a negative and plausible view of the German stock market. (see chart below)
  • Only Idiots buy/hold stocks and have NO Gold and/or Silver. (see chart below). As usual, when they realize their mistake (like people in Lebanon realize today), it will be too late.
  • Click here for more...
DAX 2019 03 28 gold vs stocks 2019 11 28
FIAT MONEY PRICE OF GOLD 2019

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Categories: News

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RT @FGMR: It’s a gold bull market. Even with yesterday’s takedown year-to-date performance is spectacular: gold +14%, silver +7%. XAU Index…

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