US Retaliates Against Russia For "Hacking The Election": Expels 35 Diplomats, Closes Compounds, Issues Sanctions
It’s my last article of what I believe is the penultimate year of survival for history’s largest; most destructive; and for the first time, global, fiat Ponzi scheme. Fittingly, on this typical quiet week of paper-thin holiday trading, the headlines are exploding with potentially cataclysmic, “PM-bullish, everything-else-bearish” items.
For the first time since 2011 – when on Labor Day Eve; coincident with the Swiss National Bank committing to their ultimately fatal, hyper-inflationary decision to peg the Franc to the Euro; the Cartel passed its “point of no return” when “dollar-priced gold” hit an all-time high of $1,920/oz; and subsequently, went all-in suppressing prices on a 24/7 basis – gold and silver prices will end the year higher than when the year started. Including, in many cases, dramatic gains – depending on which currency you’re measuring prices in. Not to mention, surging physical premiums in the world’s two largest gold consumers, China and India.
Pot calls Kettle Black...
Michael Moore Urges Civil Disobedience At Trump's Inauguration, Warns "It's Going To Be A Lot Worse"
When you engage in international travel, you may one day find yourself face-to-face with border security that is polite, bilingual and responsive—and robotic.
The Automated Virtual Agent for Truth Assessments in Real Time (AVATAR) is currently being tested in conjunction with the Canadian Border Services Agency (CBSA) to help border security agents determine whether travelers coming into Canada may have undisclosed motives for entering the country.
Strangely, though, there is no word yet out of Tel Aviv on whether Israel will be declining the record-setting $38 billion aid package the Obama administration promised earlier this year.
From the way Israel is reacting you would think that someone had dropped a nuke on Tel Aviv. Prime Minister Netanyahu summoned the US ambassador to deliver an official diplomatic protest.
He went public with his condemnation, too, calling the recent actions against Israel “reckless and destructive” and excoriating John Kerry and President Obama for their own part in this fiendish skullduggery.
“I know the cops are there.”
The receptionist looked around. She didn’t know what the man on the phone was talking about.
There were no cops in the lobby. Just a delivery man standing in front of her desk, trying to drop off a package.
But the man on the phone was right. The cops were there. Three dozen of them, watching every exit in the building…plus an undercover FBI agent posing as the delivery man.
He was carrying a package of 1,000 gold coins—worth $1.5 million.
The year 2016 has been pivotal one for mankind. The foreign and economic policies of the USA are in shambles as the Obama era ends. A new President, one with no political experience, takes office in some days having promised to “make America great again.” He has promised to “drain the swamp” of special interest corporate influence in Washington yet has chosen his cabinet from the banks of those special Wall Street interests, has chosen his national security and Pentagon figures from US military generals, and has chosen no fewer than five cabinet members who are billionaires, and seeks counsel of geopolitical architects of war such as Henry Kissinger.
The European Union is nearing a dissolution of the Brussels construct that is so anti-democratic. Not only Brexit, but now also likely in coming months Italy, Hungary, Greece, even France are possible candidates to leave the dysfunctional European Union. The Euro project has created deeply divided EU. The refugee crisis that has been created by Brussels, and by the German government, is causing social unrest and conflict unprecedented in peacetime.
The assault on gold is by no means casual. The hunt for money and the global effort to eliminate cash to be able to increase taxation is also targeting gold. All the sales pitches that gold will survive have ignored the fact that government is well aware of gold and people using it to store wealth. China has imposed gold import restrictions, and India’s demonetization and gold confiscations have provided a blueprint for other governments to follow, and the success to them is that there have not been riots and bloodshed in the streets of India like has unfolded in Venezuela.
There were numerous trends established or maintained in 2016. In fact, the seeds planted in 2016 from Jubilee Year are bound to sprout in 2017 or 2018 with the kind of chaos and economic destruction that will give rise to further globalism.
Gold, silver and bitcoin as we have regularly commented, are the assets to consider as we approach grimmer times. (A little more on repercussions at the end of this analysis.)
By remaining disciplined in our approaches, we were able to enjoy significant returns for our own portfolio and hopefully for yours. In fact, it was quite a year at TDV. From the very first day of 2016 gold and silver rocketed higher.