29
December
2024

December 2024

If you see that the EU is donating the frozen Russian money to Ukraine, you should know that what comes will be VERY BAD!

[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 $16 per oz. Are you still buying Paper Gold?
    • The internet system makes it increasingly difficult to receive these in your Inbox. Create the following email addresses in your email system: This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it., and check your spam box. On average, we mail one newsletter each week.
    • We advise you to consult the site daily because interesting YouTube videos are often CENSURED!
    • Read the older updates and education hall - and you will find A LOT of valuable information.
    • Many Candles (and PF charts) may be updated, even if not mentioned in the "Updated Sections."
    • Click on the logo below to pay with PayPal.
    • From now on, Subscribers can send emails with personal questions and/or remarks to This email address is being protected from spambots. You need JavaScript enabled to view it..

Monday, December 23 to Friday, January 3, 2025: This is the last update of the year 2024.

Updated Sections: COVID-19 a complot?, Lastenausgleich, Gold-$, Silver, US Dollar,
Rupee Gold, Yuan Gold, Swiss Franc & Gold, Euro and €-Gold, Candollar & Gold,
British Pound & Gold, Swedish Krona & Gold, Aussie & Gold, Yen & Gold, SA Rand & Gold,
World Stock Market Indexes, Indexes In Gold, Long Term Charts, Bio Tech-Pharma,
Royalty Co's, Gold & Silver Majors, Gold & Silver Juniors, Miners & Gold & SPX,
Recession Proof Shs (LOCG), Recession Proof - hold, Oil Shares, Natural Gas shares,
Uranium Shares, Bank & Fin. Shares,

This is how freedom dies.

+++

The sad last whimpers of deficit spending for socialist governments in the West are coming to an end. In Biden's last quarter in office, he's racked up the biggest deficit spending in all US history. He also ensures the world gets involved in MORE WARS before January 20, 2025. Meanwhile, over in Europe, France and Germany are both collapsing under debt burdens, years of socialist policy, and now free money for hundreds of thousands of asylum seekers.

Elections in Germany.  The problem in Germany started back in 2014 when leftist politicians decided the issue with Germany was too few social services. As these services were implemented, the money printer went brrr...and the debt soared, just like in many other EU countries. However, productivity went down until recently. Now, it's taking a nose-dive. Watch the video in the Subscribers section.

More people received welfare, immigrants received welfare, and asylum seekers received welfare - problems solved!

This year, Trudeau ran up $61.9 billion in deficit spending in Canada. The results are nothing new. Trudeau is performing as well as Fidel Castro did in Cuba.

Today, the US has a similar situation. When did you last see someone pick up a penny off the street? A nickel? A dime? Nowadays, even bums often can’t be bothered to pick up anything less than a quarter. The US dollar has become so debased that these coins are rubbish. They have little to no practical value. Up until 1982, the penny was 95% copper. Today, the melt value of these pre-1982 pennies is 2.7 cents—more than double their face value—as commodity prices have soared and the dollar’s purchasing power has plummeted.  Today, a $100 note buys about the same as $11 in 1969. Even though the Federal Reserve has devalued the dollar by over 89% since 1969, it still refuses to issue notes larger than $100.

An old German saying goes, ‘Whoever does not respect the cent (penny) is not worthy of the Mark (Dollar).’ This expression expresses that those who neglect or ignore the small things cannot be trusted with more significant things. It also fittingly describes the problems facing the dollar, our nation, the Euro, and the EU today.

Politicians and bureaucrats are the biggest threats to your financial security.
For years, they’ve been debasing the currency… and inviting a catastrophe that now is imminent.

THIS IS LONDON TODAY! - Click on the picture below.

Note:  Last but not least, note how the War is expanding in the Middle East, with Syria and Yemen becoming part of the bombing and killing. Which country is next?

The Crack-up Boom we probably shall have in 2025.

Huge unpayable debt and insolvency problems keep stacking up, pointing to the much-talked “economic reset.”   The latest big warning sign comes from the Bank of England, for the Bank of England to say, starting January 1, 2025, that whenever they bail out an institution (BANK), they will not tell the public that it was bailed out.  Note that to add insult to injury, London is now a MUSLIM city. And Britons let is happen....Watch the video in the Subscribers section.

That tells that 2025 is the year of the ‘reset.’ Why would they say that starting January 1st, they will not tell you who they are bailing out?  Why would you need to bail anybody out?  Markets are at all-time highs. Everything is great.  The financial markets are great.  The economy is excellent. That’s bullshit; it’s not so great if you feel the need to start bailing out institutions beginning in 2025.”

Regarding the Trump Administration cutting government spending with the newly created Department of Government Efficiency (DOGE). They will have to borrow the money before they can spend it. If money doesn’t get borrowed and it doesn’t get spent, it doesn’t get into the economy.  The spending part is the most vital part of the global economy. .. Last year, the GDP was roughly $29 trillion.  Cutting $2 trillion is about 7% of $29 trillion.  If you take that $2 trillion out, that is 7% of GDP that doesn’t exist.   So, instead of . . . 2% or 3% growth, subtract 7% from that, and you have -4% or -5% growth.  That’s what we would have had since 2008.  We would have been running a negative GDP economy if we were not running deficits.”

However, the debt can’t grow forever either because interest on the debt is already more than $1 trillion annually and explodes higher yearly.  Trump will be unable to save the system because it’s just mathematics.  He can come in and make whatever happens to follow the rule of law instead of the rule of make it up as you go. . . . Trump is in a quagmire of mathematics, and the mathematics are broke.  The whole financial system is a Ponzi Scheme that depends on deficit spending and increases in money supply or monetization.”

By the way, outgoing Treasury Secretary Janet Yellen says she is “sorry” (NOT sorry) for creating $15 trillion in new debt during the Biden Administration.

The so-called economic reset will be in two stages.  Stage one is when banks are bailed out, and then people are bailed in and lose their money in the bank.  We published months ago that all the laws have been changed to make depositors unsecured creditors of the lowest level.  It is the same for people with stocks, as the so-called great taking will take all shares out of your accounts.  The second stage is that the world will no longer accept digital dollars or any other crypto for payment for real things. The world is going to demand real payment for real goods. . . . That’s when the price of everything resets.”

Gold, silver, and other tangible assets will reset higher, and most other things, including real estate, will reset lower—much lower.  “This will be true price discovery.”

Bubbles are bubbles for a good reason.

People like gambling and playing roulette, hoping it will make them rich. Asset bubbles are easy enough to define but not so simple to identify.

Mattress salesmen, failed politicians, yuppies, etc.. have replaced the shoeshine boys of yesterday. We even have analysts pretending that a Socrates program on their computer does it.

Screenshot 2024 12 20 at 11.07.16I was reminded of the eponymous shoeshine boy today.  As the story goes, Joe Kennedy sat down for a shoeshine. As he sat there, the child doing the work bombarded him with stock tips. That led him to conclude that the market was close to a peak and that it was time to both sell and initiate shorts.

I received a notification last night from an acquaintance who is now crypto currency certified by the Academy of Financial Trading. She has never worked in the financial sector but now holds herself out as capable of giving advice on the merits of various tokens and how best to invest. Never mind that this is not a professional designation; the “academy” has shady reviews, and the sector is totally unregulated.

 

A cryptocurrency known as “Fartcoin,” created as a joke, is now worth over $800 million.  How on earth is that possible? While the real economy is struggling, a wave of euphoria is sweeping through our financial markets, and cryptocurrency prices are skyrocketing. In particular, some people have made enormous amounts of money by pumping and then dumping “meme-coins” with absolutely no underlying value. Fartcoin is one of the most prominent “meme-coins,” it now has a market cap roughly equal to the market cap of Office Depot…

 

Yes, it's called Fartcoin. Yes, it's completely useless.

And yes, it has nevertheless tripled in value over the past week to a market cap of more than $700 million—roughly on par with Office Depot, Guess Jeanswear, and the parent company of Steak N' Shake.

The carnival-casino era of cryptocurrencies is back with a vengeance, riding a broader wave of bitcoin investment that was itself fueled by the election of Donald Trump. It’s making millionaires while potentially hurting others — yet everyone, even the losers, seems to be in on the joke.

We've seen several speculative financial bubbles in the past, but nothing like this. As I write this article, Fartcoin's market cap is $853 million, while Office Depot's is just $830 million. Investing in “meme-coins”  like Fartcoin is essentially just an extreme form of gambling.  You hope the joke stays funny long enough to push the price up even further so you can leave someone else “with the pieces.”…

Our Real Estate Corner:
  • Few have heard of "Operation GUTT." Almost nobody has an idea of the "Lastenausgleich Steuer," which took half of the fortunes of Germans after World War 2 (including Real Estate). The operation was a remake of a similar operation introduced earlier in Finland.
  • Most people don't realize that today's real estate price level results from inflation and debt (Mortgages). Real Estate is a consumption good that wears out and gets old-fashioned over time. Once the purchasing power disappears, prices will crash severely.
  • In Belgium, the legislation on  Real Estate sector has become so harsh,  stupid, and illogic that it is almost impossible to sell a property, as one has to adjust it to the ever changing law before it can be rented out or sold.   This has become KAFKA in full glory.

Important Fundamentals:

  •  Massive Comex Deliveries Since Thanksgiving. For premium members only.
  •  Silver has quietly outperformed in 2024, delivering impressive returns that rival its golden counterpart. For premium members only.
  • After cocoa, coffee also rose to the highest price this century. Cocoa prices hit fresh highs. For premium members only.
  • The FED cuts interest rates, although we said they would not. However, Powell did announce that this would probably be the last cut: "The Fed will need to see further progress on inflation!" Weird is that the Fed cut rates by 0.25% but the market interest rates moved in the opposite direction: For premium members only.

For premium members only.

 

For premium members only.
There is only 1 oz. of physical silver for 411.65 oz. of paper silver. We are very, very close to a squeeze!
   
For premium members only.  
They killed the locomotive of Europe! So as the automobile sector goes, so does the economy.  

Important Technicals:

© - The report's contents may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.

Sunday, December 15, 2024, extra edition.

This video was created 3 years ago. It is so actual that watching it gave me goosebumps.

The tax burden in Europe is alarming.

Monday, December 16 to Friday, December 20, 2024: More WW3 - The Syrian regime is gone...which country is next? Europe?

Updated Sections:  Health care in Panama, Gold-$, Silver, Short candles in gold 
sections. Rupee Gold, Yuan Gold,

 

NATO chiefs tell Europeans to prepare for war. According to Rutte, it is “time to shift to a war mentality. In his view, everything indicates that Russia is preparing for a “prolonged confrontation. Both with Ukraine and “with us,” the NATO countries, Rutte claimed. In reality, it is probably the other way around.

The world political system is rotter than a rotten apple.

In Romania, they did not expect the Right to win the elections in a landslide, so the EU simply declared the elections void. This is how it works in the EU-SSR.

Instead of a runoff, they’ll have a rerun. On Friday, Romania’s Constitutional Court annulled the country’s first-round presidential election results, in which dark horse candidate Calin Georgescu won the most votes. The court’s order that the presidential electoral process must be “entirely redone” comes after Romanian President Klaus Iohannis declassified intelligence reports alleging a Russian interference campaign to benefit Georgescu on TikTok and Telegram.

New Brunswick, Canada: store owners are allowed to ban unvaccinated clients.  Beginning Saturday, people in New Brunswick who do not show proof of full vaccination can be barred from entering grocery stores to buy food. The measure was announced as part of the province’s “winter action plan,” which allows any business, including grocery stores, to bar unvaccinated individuals. Health Minister Dorothy Shephard said the province has seen a “very concerning” rise in COVID infections over the last two weeks, particularly among unvaccinated Canadians.

In Europe, European health officials go as far as to advise Europeans to wear a mask during the winter months. They are taking the people for IDIOTS, and they are probably right. The people are IDIOTS!  France is a perfect example of centrist elites wrecking the West. Political crises seem to be taking down Western nations one by one, their leaders clinging to hubris and showing a disdain for democracy. At the same time, all European countries prepare for WAR!

The Syrian Regime is gone. So is freedom and Christianity. It is time for all Syrian women to buy a Burka, as this is about to become the new fashion in that country. Unless, of course, they become men. The Russian Foreign Ministry has confirmed that Bashar Assad has stepped down as Syrian president and left the country following negotiations with armed opposition groups amid the fall of Damascus to Islamist forces. Last but not least, the fall of Syria serves the American energy (natural gas) sector extremely well. Note that the USA and NATO have organized the Syrian happening (destruction-invasion)!

That is how naive the Herd is! At a time when the MSM pretended there was some detente in Ukraine, the HERD is already celebrating the end of the War of Nato against Putin.  This proves once more how powerful the Mainstream media is and how stupid the Herd is. Having said this, many alert people see what is coming and are taking precautions (plan B).

There is absolutely no doubt in my mind that the American Military Complex and Democrats will push the USA into as many WARS as possible, so many that neither Trump nor God has a way to get out of these.

For decades, global powers have taken steps that have destabilized international security, bringing us closer to the brink of World War III.

The problem is that to escape the mismanagement created by "stinking politicians" over the past decades, we shall have to endure a lot of poverty.  This is already visible in Argentina, where the cleansing program applied by Milei is already causing a lot of poverty as people are fired (especially among government employees) and other advantages are scrapped.

The most corrupt politician of the 21st century?
 Europe is nothing but a modern version of the DDR.

Is your bank account the next one to be frozen? Have you ever watched Doctor Zhivago?! Today, there is even worse than frozen bank accounts. The G7 donated TWENTY BILLION of Russian Reserves to Ukraine, and Ursula von der Maffia is doing the same with Russian assets that were stolen in Europe.  Many people still have total trust in their bankers—extremely dangerous! Note that the bank employee you are talking to probably doesn't even know how a bank functions and how a bank creates money. Be advised that the day comes when Janet and Ursula Capone will steal your money and use it for whatever they want.

Bank accounts have become digital entities, and freezing a client's assets has become a piece of cake.  Today, a Deja vu of the Communist Revolution?

The ECB is cutting interest rates and hints at more in 2025 in coordination with the Fed, which predicts the same pattern.  Supposedly, this is possible because the central banks expect lower inflation. Of course, this is a glorious lie, and anyone who sees the rate at which the money supply and government debt are increasing realizes this. Read more about the interest rates and our prediction in the subscribers' sections.

Our Real Estate Corner: 
  • Is there a pending Real Estate crash? The number of houses for sale in Florida has skyrocketed and nearly doubled in the past year. Many of these homes are AirBnB rentals, and their owners are about to go bankrupt due to unbearable loans. They can't afford the property taxes, FEMA (national flood insurance), and homeowner's insurance.
  • In Belgium, the legislation renders it very expensive, challenging, and almost impossible to sell a property unless it has been upgraded to the ever-changing legislation.


 

Important Fundamentals:

  • After 6 months of absence, China has resumed its purchases of Gold.
  • The US Federal Debt Trap.  The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year. Third-quarter data is not yet available, but interest payments as a percent of tax receipts rose to 37.8& in the third quarter of 2024, the highest since 1996. That means interest is eating up over one-third of our tax revenues.

For premium members only.

  • At last, complaints of gold price manipulation and suppression got some respect this week from the Official Monetary and Financial Institutions Forum, a snooty group based in London. The group published a long paper heralding gold's restoration to the center of the world financial system, "Gold and the New World Disorder," and the paper's chapter titled "Market Disruption -- The Short Squeeze" has this to say: "With record demand for gold, much of it from BRICs-related countries, the risks of a squeeze are increasing. This could have several catalysts. 
  • For premium members only.
For premium members only. For premium members only.
The more money, the more debt, the more inflation. Incredible that so many fall for thin air (cryptos)

Important Technicals:

  • For premium members only.
  • Two weeks ago, the MSM talked a lot about the Russian ruble crashing and Russia going bankrupt.  Although we had a spike, like we had earlier in history, the Russian economy is booming. Note that it is extremely important for the MSM to depict Russia in a negative way and Putin as a villain. They do need to marinate the CANON MEAT, and you know what, it works.
  • Note that the weak Ruble has probably been generated by banks selling the SEIZED Ruble deposits they hold to transfer them to Zelinsky.
For premium members only. For premium members only.
The Ruble versus the Dollar.  The Ruble versus the Rand.
For premium members only. For premium members only.
The Ruble versus the Euro. The Ruble versus the Yen.

© - The report's contents MAY be copied, reproduced, or distributed WITH the explicit written consent of Goldonomic.

Monday, December 9 to Friday, December 13, 2024: From Bitcoin to Blockchains, NFTs, and Web 3.0, it's time to find out if it's all the hype or just part of one of the greatest scams in human history. 

Updated Sections: Bitcoin & Cryptos, Agriculturals, Copper-Platinum-Non-Ferrous,
Long Term Commodity Charts, Inflation Index, Bonds USA, Treasuries in the EU,
Corporate Bonds,

Smart money is buying up Gold and Silver, not Bitcoin.  From Bitcoin to Blockchains, NFTs, and Web 3.0, it's time to find out if the hype is really all the hype or just part of one of the greatest scams in human history.  Few refuse to admit that cryptos become worthless in times of War.

Those who sell Gold now are simply out of their mind.

Despite gold rising to an all-time high this year and silver’s recent surge to $35/oz, we are not seeing any boost in buying enthusiasm from the general public. Premiums on Precious Metals are low right now due to this lackluster demand. Most customers are net sellers. The only movement is that the ratio earlier this year of 5 sellers for every one buyer may have decreased to 3 sellers to 1 buyer.

The absolute idiots are those who supply Americans with high-quality goods and services in exchange for worthless paper dollars and cryptos.  Just like paper dollars can be created out of thin air using the financial system, cryptos can be created and mined by every good marketeer. And the price can be rigged by market-makers taking advantage of the Greedy Herd.

Bitcoin and Cryptos will show their real (worthless) face during the next financial and monetary crisis.

I doubt many Bitcoin and Crypto fans will have the guts to watch the following videos and understand them.  Is it not weird that exactly those without any decent university formation and knowledge of monetary history are the strongest "believers"!? Also, few people seem to realize that we are probably seeing the last"Hurray" of Bitcoin.

The Tulip mania of the 21st century: Not easy to understand But it is imperative to understand this as we have a price climax, a blow-off of Bitcoin.

Discover the logic behind human foolishness.  Learn about the five fundamental laws of human stupidity, according to renowned historian Carlo M. Cipolla. With examples from history, discover the logic (or lack thereof) behind human foolishness. From the rise of Nazi Germany to everyday life, these laws will change the way you think about stupidity forever. 

Germany is developing an app to help people find the nearest bunker in the event of an attack and is about to publish a script telling the German industry to prepare for war. Sweden is distributing 32-page brochures, and 500,000 Finns have already downloaded a guide to emergency preparedness. Norway has distributed a booklet to the country's 2.6 million households.

The Best Countries for Offshore Gold Storage. Contrary to what many pretend, Dubai is not a safe place to store gold and silver, nor is Singapore. People have problems visualizing the WAR zones around Saudi Arabia and Dubai. They also have problems admitting that WAR will get worse before it ends.

In the early 2010s, Singapore decided to eliminate GST—a sales tax—on purchasing precious metals and make it easier for anyone to trade in and hold them in the city-state. As a result of those policies, Singapore has emerged from relative obscurity and become one of the top wealth havens for precious metals investors. But today, because of its geographical location, it is no longer the best place to store your gold offshore.

Considering the history of gold confiscation, wealth taxes, and other political grabs for precious metals and wealth in general, it’s essential to have a safe haven for your gold no matter what happens where you live. Storing gold offshore, outside of your home country, is a crucial step toward financial diversification.

Precious metals vaulted offshore and outside the banking system are legally non-reportable for taxpayers in the United States and several other countries. 

  1. Your gold should be stored outside of your home country to provide asset protection from your government. One reason for buying gold is to detach yourself from a single country and its monetary system. 
  2. Your gold should be stored in a safe-haven jurisdiction with an excellent record as a wealth haven.  While we often encourage our clients to consider second passports and even offshore bank accounts to create international diversification, your stack of gold bars isn’t where you want to fool around with countries with an untested status as a safe haven. 
  3. Avoid countries with “unholy alliances” to the extent they are risky.  Post-Brexit, gold storage in London is more interesting than gold storage in Switzerland.
  4. Avoid vault storage in countries that are under pressure from larger powers. While Canada is a neutral country without real “unholy alliances,” they are best friends with the United States. If you’re an American or have exposure to the United States, I wouldn’t trust Canada.  Since Switzerland has seized all Russian account holders' assets and applies the CRS legislation, it has also become a no-go. Last but not least, don't forget how Canada blocked all bank/broker accounts of all protesting truckers during COVID-19.  Canada has no rule of law.
  5. Avoid gold storage in countries that don’t have highly secure physical gold storage vaults.  While Panama is a neutral country conveniently located between both North and South America, I’ve been there and have not been impressed by many gold vault facilities, except for one vault that offers a concierge service.
  6. Your gold and silver should be stored with proper professionals who can sell, store, buy back gold, and wire your funds anywhere in the world.  You could store your gold in Tehran as the ultimate protection against the West, but who would you call when you wanted to sell it? How would you communicate? And how would they get the money back to you?  More or less, the same applies to Dubai, a city that lies 14 km from Iran and in the middle of a war zone.  Singapore has more or less the same problem.

The typical pattern in these examples of collapsing empires (and numerous others I didn’t have time to mention) is:

  • Stage #1: Empires achieve success and become overconfident.
  • Stage #2: Overconfidence leads to extravagant spending on luxuries and wars.
  • Stage #3: Empires finance this lavish spending by going into debt.
  • Stage #4: The debt grows unsustainable and creates a crushing burden.
  • Stage #5: Empires finance the debt through taxation and currency debasement.
  • Stage #6: The populace bears the brunt of debt repayment as empires raise taxes and debase the currency—to the maximum extent—until it causes internal instability.
  • Stage #7: Empires cannot finance their militaries because of their debt burden. This is usually the tipping point.
  • Stage #8: Underfunded militaries plus internal instability make empires vulnerable to foreign invasion, domestic revolution, civil war, and other existential dangers.
  • Stage #9: The empire collapses.

Note: The US federal government has the biggest debt in the world's history, and it’s continuing to grow rapidly, unstoppably.

Our Real Estate Corner: 
  • Even China is experiencing a Real Estate crash.
  • Once we see any kind of lottery that allows potential buyers to proceed to buy a real estate property, we know that we have a buying climax, the end of an uptrend, and that a crash is imminent.

 

Important Fundamentals:

  • Nominal Confusion we had in Germany...not in the USA: Few people understand the difference between the Weimar crash in Germany and the Big Depression in the USA.  The main difference is that the German mark was a fiat currency, but Gold still guaranteed the US dollar.

For premium members only.

Important Technicals:

Powell proves he has no clue about money or monetary history by openly stating that Bitcoin and Gold are no money! People who dare to pretend this are complete idiots.
Three is a charm...  
For premium members only. For premium members only.
This is again a "Deja vu" of what happened twice in the past. Technically, xxxxshares are a STRONG BUY at the present level.

© - The report's contents may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.

Monday, December 2 to Friday, December 6: Prepare to escape WW3. People live in LALA-LAND over the coming nuclear WW3! 

Updated Sections: Recession Proof Shs (LOCG), Recession Proof-hold, Bio Tech-Pharma, 
Oil Shares, Natural Gas & shares, Uranium Shares, Bank & Fin. Shares, 
Commodities in Gold, Crude Oil price, Solar & Rare Elements,

And yes, Europeans should be very worried about a Russian nuclear attack.  North America, Central America, and South America are a lot safer. We live in deja vu of the period before WW2 when War and Peace were on and off, and WW2 exploded after the politicians assured their people that all was well and no war would happen (Chamberlain).  Those who use the excuse of children and grandchildren for not going for a plan B are poor minds that don't seem to realize that if they don't act, they will perish together with their kids, and in the end, nobody will have a chance to survive.  Several NATO member states tell people how to prepare for the coming War: Sweden, Finland, England, and France,...but the HERD keeps living in disbelief that nothing will happen... if something wrong happens, they believe it will be in 5 to 10 years. How stupid can you be?

Nobody will tell you that the war will start tomorrow??
If you haven't secured your plan A or B, you will be fucked...
Just as all those without a plan A or B were fucked when overnight WW2 began!
Eon Musk confirms the U.S.A. is bankrupt - Western politicians tell the industry to prepare for WAR! Just like with COVID-19, the PEOPLE are 100% convinced NOTHING will happen and go on with their lives. What is wrong with humanity?

Once again, we can't say it often enough: Today's scenario is an exact copy of the pre-World War II scenario in which the Britons and Americans pushed Germany (Hitler) until he had no choice but to invade France, Belgium, and the Netherlands and try to stop the Britons.

Almost nobody realizes what happens when a country gets involved in a war: 100% Capital controls, bank accounts are frozen, stock markets are closed, a new currency is used, people have to use food stamps to buy rationed food staples, name it.  Only people like Albert Einstein realized what was coming, organized a plan B, and left Europe.  The herd did nothing and ended as canon meat. The conclusion is that only those people with a certain IQ level are doing what must be done, and they can be proud of themselves.

  1. Currencies become worthless.
  2. Bonds and Shares become worthless as the Stock Markets close.
  3. Impossible to sell Real Estate.
  4. Cryptos will no longer be convertible into a currency and will become worthless.
  5. Futures and commodities markets come to a halt.
  6. Food stamps will be a reality.
  7. Energy, diesel, and gasoline will be rationed.
  8. Conscription will be reintroduced: your kids will be forced to join the armed forces...and will become canon meat.

Democracy is vastly overrated.

Well, SHIT always happens when you keep a Democracy alive.  After all, Democracy always ends in the “law of the foolish masses” or “everything free” until there is nothing left, and you have COMMUNISM. This is the final stage before the bankruptcy of a society.

Democracy" is not like the consensus of a few friends agreeing to see the same movie. It often boils down to a kinder and gentler variety of mob rule, dressed in a coat and tie. The essence of positive values like personal liberty, prosperity, opportunity, fraternity, and equality have little to do with democracy. Those things exist because of free minds, free markets, and limited government.

Democracy focuses people’s thoughts on politics, not production, on the collective, not on their own lives. That’s not good.

Although democracy is just one way to structure a state, the concept has reached cult status, unassailable as political dogma.  It is, as economist Joseph Schumpeter observed, "a surrogate faith for intellectuals deprived of religion." Most of America's founders were much more concerned with liberty than democracy. Tocqueville saw democracy and liberty as almost polar opposites.

Democracy can only work when all concerned know one another, share the same values and goals, and despise any form of coercion.  It is the natural way of accomplishing things among small groups. But it doesn’t work well with a conglomeration of 350 million people, many of whom are voting to get something for nothing. Or at the expense of their neighbor.

Once the belief in democracy becomes a political ideology, it’s necessarily transformed into majority rule.   At that point, the majority (or even a plurality, a minority, or an individual) can enforce their will on everyone else by claiming to represent the people's will.

The only form of democracy that suits a free society is economic democracy in the laissez-faire form, where each person votes with his money for what he wants in the marketplace.  Only then can every individual obtain what he wants without compromising the interests of any other person. That’s the polar opposite of the "economic democracy" of socialist pundits who have twisted the term to mean the political allocation of wealth. Many terms in politics wind up with inverted meanings. "Liberal" is undoubtedly one of them.

When everything else fails, they take you to war!

The cat’s out of the bag.  The bottom line is that anything that can happen eventually will happen. And there’s a good chance that is now. Especially with the reckless incompetents who still occupy Washington continuing to provoke Moscow, using the Kyiv regime as a cat’s paw.

Once again, the war in the Ukraine has been instigated, financed, and prolonged by the US.  Ukraine would have had to let its secessionist Donbas provinces go, acknowledge that Crimea was always part of Russia, and forget about joining NATO without US support. At least 500,000 dead Ukrainians would still be alive, and half the country wouldn’t be in ruins. And things could get much, much worse.

I am afraid that the Jacobins, now controlling Washington, may yet start a war with Russia to declare a state of emergency and keep themselves in office somehow.  We’re dealing with criminal personalities who also suffer from severe Trump Derangement Syndrome.

If the US engages in a real war, it will lose its place in the world pecking order. We’ll fall several rungs, as did Europe after destroying itself in World Wars I and II. Countries that remained relatively unaffected by the war, basically those in South America and parts of Asia, would become the new world leaders.

WW III would be bad for stocks. It's very bad for currencies. And catastrophic for bonds.
Depending on numerous factors, you might have trouble maintaining title to your real estate.

The truce between Israel and Lebanon is nothing but a JOKE. And NO, the war situation between Israel and Libanon has NOTHING to do with the price of Gold like the ignorant journalists of the MSM try to make you believe!  Gold and Silver are the price of Gold and Silver and have nothing to do with the Lebanon Isreal War. Gold was 'overbought,' hit one of our calculated targets, and requires some time to digest the 40% advance of this year and to accumulate strength for the next upleg. The price evolution of gold expressed in many currencies has become exponential...and few realize what this means for the future.  Also, most people incorrectly keep staring like deer in the headlights of the short-term action of gold and silver. They have absolutely no clue what gold and silver are and that it is not the price of these metals rising but rather the value of the fiat currencies falling to ZERO.

It is mathematically 100% certain that the value of all fiat currencies (and the value of most assets expressed in these currencies) will continue to fall.  The rate has now become exponential. We have passed the point of no return, so it has become mathematically impossible to solve the problem. Hence, the only way out for the politicians is war!

Real estate

The day no purchasing power is left, Bricks and Stones become worthless!  The homeless population in Florida is out of control.

Important Fundamentals:

For premium members only.

For premium members only.

Significant Technicals:

  • We have updated the long-term charts in the gold sections, and it is clear that gold expressed in most currencies For premium members only.
For premium members only. For premium members only.
 It is an explosive situation for xxxx Gold will be reprised as it retakes its rightful place as the anchor of the global monetary system.
   
For premium members only.  
Gold will be reprised as it retakes its rightful place as the anchor of the global monetary system.    
   

More to come in the following hours...

© - The report's contents may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.

Categories: News

Widgetkit Twitter

Twitter response: "Could not authenticate you."