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!
Physical: Add up to $200 per oz. | For physical, add up to $16 per oz. | Are you still buying Paper Gold? |
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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,
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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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:
- Don’t Expect Any More Fed Rate Cuts Anytime Soon! In case I am wrong, expect dramatic evolutions. For premium members only.
- 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.
Important Technicals:
- The seasonal trend for gold and silver turned For premium members only.
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. |
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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.
- Currencies become worthless.
- Bonds and Shares become worthless as the Stock Markets close.
- Impossible to sell Real Estate.
- Cryptos will no longer be convertible into a currency and will become worthless.
- Futures and commodities markets come to a halt.
- Food stamps will be a reality.
- Energy, diesel, and gasoline will be rationed.
- 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:
- Gold ...For premium members only.
- Central Banks keep selling Dollars: For premium members only.
- Central Banks keep buying Gold and Silver. 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...
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