Should be Thousands...
Next to Donald Trump’s economic policies, one of the most spirited economic debates at the moment involves which direction the dollar will move in the coming months. While Goldman Sachs is predicting the dollar and euro will reach a value equivalency by Q4 of 2017, other analysts see the greenback trending downward next year.
The dollar has risen 4.4% against the euro and 2% against a basket of world currencies since Trump’s win on November 8, according to Fortune. Big moves within securities and bonds markets since Trump’s victory are creating a general sense of uncertainty, making predicting anything a difficult task.
My friend Richard got destroyed by the system.
As a financial advisor in Sacramento, California, he spent years building a thriving firm and has even landed a few celebrity clients.
Richard did well for himself. Successful. Married. Wonderful kids. Financially secure.
But back in 2008 things started to turn sour.
His wife left him and took the kids, along with half of everything else.
The Wolf’s sense of smell has been in confusion of late trying to figure out which way the winds blow. Are free markets about to make a come back, or have they been with us all along, once you fully factor in the effects of “cognitive dissonance” over the past couple decades? Meaning “cognitive dissonance” is also a part of the free market equation, and the markets have just been factoring them in appropriately.
One thing is for sure, the biggest bubble in world history is starting to get “thin in the skin,” as in ready to pop. Which bubble, you ask? The western debt markets. Putting that aside for the moment, the good news of late is that nationalism is on the rise in the USA with a Trump victory, but it ain’t the only thing on the rise. “Yields” are as well folks. It would appear a debt funeral is “dead” ahead, along with an associated paper wake. In a rather timely fashion the professor Ken Schortgen Jr., just provided a top down analysis to a western paper funeral, with historical theories that are now becoming reality.
Here we are again, just six days away from a major COMEX gold (and silver) delivery month with a huge outsized amount of contracts outstanding versus deliverable inventory. For a background, COMEX holds 2,083,000 (nearly 65 tons) of registered gold. This amount is much higher than it was last December when it stood at a miniscule 152,000 ounces (4.7 tons).
Since May of this year, something has drastically changed in the monthly amounts delivered. For all of 2015, only 51 tons were delivered which amounted to about 4.25 tons per month. If you recall, many months would arrive at first notice day with a huge amount of contracts open, only to see the contracts evaporate before the close of the delivery period. I postulated then and still believe, contract holders were offered premiums to “just go away” and not take delivery. I cannot prove this but you must ask, why someone would FULLY FUND their account to take delivery and then not follow through. It makes no sense other than if they were enticed not to take delivery after placing the full amount of funds in their accounts to settle delivery.
The Pussification of Trumps Administration...Continues...
In a speech from August that is now making waves across the country, president-elect Donald Trump’s National Security Adviser designate, Lt. General Michael Flynn (retired) told the Dallas chapter of ACT! For America that “Islam is a political ideology, it is a political ideology. It definitely hides behind this notion of it being a religion.”
The comments are sure to be brought back up when Flynn goes before the Senate to testify during his confirmation hearings. However, Flynn’s personality and his public persona lead me to believe that he’s not worried about facing tough questions from hostile Democrat Senators.
In his speech, Flynn further commented on the differences between Christianity and Islam before making some even more controversial comments about world Islam today.
The recent anti-Trump riots have been reliably reported as the handiwork of paid “protesters” organized by MoveOn.org, Planned Parenthood, #BlackLivesMatter, and other groups that have been heavily funded by Soros.
“Not My President! Not My President!” Day after day, in cities from coast to coast, the chanting mobs of rioters have illegally blocked streets and freeways, set fires, thrown Molotov cocktails, injured police officers, destroyed property, and defaced public buildings with graffiti. Portland, Oregon, a bastion of “progressive” Democrats, has been the epicenter of much of the violent action aimed at president-elect Donald Trump. Of course, as we have previously reported, not only did most of the Portland rioters who were arrested fail to register to vote, a large percentage of them appear to be professional, paid protesters.
Elder statesman, Rockefeller confidant, and master war criminal Henry Kissinger told the globalist Fareed Zakaria voters are not going to get what was advertised with Donald Trump.
“One should not insist on nailing [Trump] into positions that he had taken in the campaign,” Kissinger told Zakaria.
Keeping campaign promises made to voters is counterproductive, according to Kissinger.
Kissinger argued that it is counterproductive to demand absolute consistency from presidential administrations, particularly in the face of fluid international situations.
Russian media have reported that S-400 anti-aircraft missiles and Iskander ballistic missiles will be moved to Kaliningrad, which borders on Poland and Lithuania, because President Vladimir Putin is “concerned” about NATO expansion and the deployment of U.S. missile shield technology in Europe.
“Why are we reacting to NATO expansion so emotionally? We are concerned by NATO’s decision-making,” Putin said in a TV interview broadcast on Monday, according to Sky News.
“We have, therefore, to take countermeasures, which means to target with our missile systems the facilities that in our opinion start posing a threat to us,” Putin continued.