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Tag: Central Banks
Alchemical Weapons for Economic Wars
Originally posted at Dispatches From Reality – dfreality.substack.com
“In thee have they taken gifts to shed blood; thou hast taken USURY and increase, and thou hast greedily gained of thy neighbours by extortion, and hast forgotten me, saith the Lord GOD.”
— Ezekiel 22:12 KJV
Previous Entries
Usury is a weapon; a pernicious and unrivaled weapon, capable of bringing even the mightiest foe to heel. The defining economic minds of the ages — from Aristotle, Adam Smith, Karl Marx, to John Maynard Keynes — all viewed usury as a major vice if not an outright evil. It is a slow drip of venom in a civilization’s veins, inevitably bringing the borrower low in it’s alchemical grasp. Our enemy is keenly aware of this powerful weapon, particularly given that the Mystery religion’s temples — the pyramids and ziggurats — also served as banks & mints in which these ancient rites were practiced. The modern financial system is no less steeped in these philosophic and alchemical realities, as some of the most storied economists in history will attest to. Fiat currency is quite literally the Philosopher’s Stone made real: it is the ability to create something of value out of nothing.
MARCH OF FOLLY: FALL OF AMERICAN EMPIRE
“Folly is a child of power.” ― Barbara W. Tuchman, The March of Folly: From Troy to Vietnam
“A phenomenon noticeable throughout history regardless of place or period is the pursuit by governments of policies contrary to their own interests. Mankind, it seems, makes a poorer performance of government than of almost any other human activity. In this sphere, wisdom, which may be defined as the exercise of judgment acting on experience, common sense, and available information, is less operative and more frustrated than it should be. Why do holders of high office so often act contrary to the way reason points and enlightened self-interest suggests? Why does intelligent mental process seem so often not to function?” ― Barbara W. Tuchman, The March of Folly: From Troy to Vietnam
The term “folly” is particularly apt at this stage in the decline of the great American empire. Folly is defined as: criminally or tragically foolish actions or conduct; an excessively costly or unprofitable undertaking. If ever a word captured the actions of American political leaders in the 21st Century and reflect the tragic downfall of an empire borne out of the ashes of the Second World War, it is the term “folly”.
For the last two decades I’ve been befuddled by the inane foolishness of our leaders, as they have driven the nation into a bottomless pit of debt at an astoundingly ridiculous pace, initiated military conflict across the globe, and in the last three years initiated anti-human policies guaranteed to destroy our economic system, depopulate the planet, increase human suffering, and turn the world into a techno-gulag where we will own nothing, eat bugs, and bow down to the commands of globalist overlords.
How (And When) Gold Could Go to $5,700/oz
From Peter Reagan at Birch Gold Group
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Is $5,700 gold inevitable? Some mixed data from the world’s top mints on gold and silver demand; and how the global de-dollarization movement insulates nations from sanctions.
Compared to stocks, gold is 60% undervalued (for now)
MoneyWeek’s Dominic Frisby is an analyst to watch. His precious metals analyses are full of insights, and his latest observation on gold’s price is fascinating. Frisby shows off his decades of experience by reminiscing about gold’s price trajectory from the late 1990s to now. Continue reading “How (And When) Gold Could Go to $5,700/oz”
Central Banks Finally Own Up to the Crisis They Created
From Brandon Smith
As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a couple vital questions linger in the minds of economists everywhere:
When is recession going to strike?
When will the Fed reverse course on tightening?
The answers to these queries are, at the same time, simple and complex.
First, the recession has already arrived.
Second, the Fed is not going to reverse course, though they will stop tightening for a time.
The recession has already arrived
The most widely-accepted definition of a recession in the U.S. is two consecutive quarters of negative GDP growth. We already experienced that in 2022, so, the Biden administration and its partisan economists within the mainstream media tried to change the definition. The Federal Reserve also ignored deflationary signals throughout the last year and evidence suggests they even tried to hide the downturn with false employment numbers. Continue reading “Central Banks Finally Own Up to the Crisis They Created”
Ron Paul: Here’s the Truth About the “Strong U.S. Dollar”
Guest Post by Ron Paul
Before we get started this week, I want to show you a chart:
Now, if this chart showed the stock price of a company, would you want to invest in it?
If it’s the price of a commodity, would you be a buyer? Continue reading “Ron Paul: Here’s the Truth About the “Strong U.S. Dollar””
The Only Chart That Matters
Submitted by aka.attrition
Central Bank Balance sheets vs. S&P 500
Source: https://mobile.twitter.com/jsblokland/status/1578850905558220800
(NB: Right-click image and choose “Open In New Tab” to see larger view)
Why Are Central Banks on a Ferocious Gold Buying Spree?
From Peter Reagan
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Central banks are finding more uses for gold bullion, charts are signaling buy gold, and the state of gold and silver’s mine supply.
Central banks might see gold as an escape from a sovereign debt crisis
In the wake of gold briefly passing the strong $1,800 resistance level, Equinox Partners’ Sean Fieler spoke about gold’s role in the coming financial crisis. Fieler, whose firm manages $700 million, said that a sovereign debt crisis is what could catch some off-guard:
Looking at financial markets, the kindling is set, and you just need one little spark to ignite the fire.
Continue reading “Why Are Central Banks on a Ferocious Gold Buying Spree?”
The Ukraine Conflict Is Just a Sideshow, and We Are the Real Targets
Way back in 2014 I wrote an article titled False East/West Paradigm Hides the Rise of Global Currency. I was inspired to cover the issue due to three specific trends which at the time were concerning.
The first trend was the increased mention within globalist circles of something called the “Great Reset.” Christine Lagarde who, as the head of the IMF at the time, was suddenly throwing the phrase around in press interviews and in Q&A events at the World Economic Forum. This appeared to me to be a rebranding of the “New World Order” agenda which establishment elites had been known to mutter about in moments of rare honesty. It indicated a concerted push towards global centralization in the face of economic and social decline within nations.
Continue reading “The Ukraine Conflict Is Just a Sideshow, and We Are the Real Targets”
10 Clues to Where Gold’s Price Is Headed in 2022
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: 10 forces precious metals investors should watch in 2022, a look into stockpiling of gold by global central banks, and why gold should be included in every investor’s savings.
10 key factors driving the precious metals market this year
ETF Trends has published a concise, information-rich report that outlines 10 key forces precious metals investors must watch this year. The first is the uncomfortable relationship between the M2 money supply, U.S. 10-year Treasury after-inflation yields and the dollar. The monetary expansion and the highest debt level in nearly a century have brought on historically low yields. There is also a general appetite for a weaker dollar among central banks to loosen global financial conditions.
Continue reading “10 Clues to Where Gold’s Price Is Headed in 2022”
The Insanity of Central Banks
Guest Post by Martin Armstrong
We are talking about bureaucrats. They only think in concepts much like Klaus Schwab’s Great Reset. The practical application of what they are doing is not there. They lack even the infrastructure, as in California, to force all cars to be electric. They do not have the power grid to support that.
I was in meetings where they actually told me with a straight face that they had to take trading the Euro away from Britain. I asked if they were going to take it away from the USA, Japan, Hong Kong, Singapore, etc? They looked at me puzzled, and said no! Just Britain. I asked if they really wanted to control the Euro just convert it into the old Soviet Union ruble. No free market at all.
Central Banks Become Guardians of the Galaxy
Guest Post by Martin Armstrong
The central banks have been digging deeper and deeper into their monetary toolboxes in a vain hope of cushioning the COVID-19-induced shock, which has been orchestrated by this global effort to CRUSH the economy and redesign it in their image of a fossil-free world. The fake pandemic aside, the notion that the banks were already beyond hope since the ECB lowered rates to NEGATIVE back in 2014 and Keynesian Economics has failed.
Continue reading “Central Banks Become Guardians of the Galaxy”
Central Banks Pre & Post-1971
Guest Post by Martin Armstrong
The United States created the Federal Reserve in 1913. Prior to World War I, central banks were long-established in Europe like the Bank of England in 1694. What you have to understand is that BEFORE World War I, the central banks of Europe were faced with two duties because there was the gold standard.
Central Bank Hints at a “Big Reset” and Reveals a Possible Solution
From Birch Gold Group
It’s not every day you hear a major financial institution hint at the possibility of the entire economic system collapsing.
The reason major financial institutions (and the mainstream financial media) shy away from a negative outlook on the economy is out of fear of triggering a kind of “self-fulfilling prophecy.” People stampeding to sell stocks and pull money out of banks could cause a vicious cycle of declines and losses.
Continue reading “Central Bank Hints at a “Big Reset” and Reveals a Possible Solution”
Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over”
It’s not just “tinfoil blogs” who (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard (something which even Mark Carney hinted at recently): central banks are joining the doom parade now too.
An article published by the De Nederlandsche Bank (DNB), or Dutch Central Bank, has shocked many with its claim that “if the entire system collapses, the gold stock provides a collateral to start over.”
WATCH WHAT THEY DO, NOT WHAT THEY SAY
Guest Post by Jesse
One might wonder why are these countries steadily acquiring such enormous stores of gold bullion.
And they might even notice that since around 2008 the central banks of the world have become net buyers of gold, after many years of managed selling.
Gold is flowing from West to East, and into strong hands and official vaults as security against a changing monetary landscape. And except for the occasional use of subtrefuge and force, it will not return to the public markets anywhere near to these current valuations.
