The Economic Consequences of Our Military Industrial Complex

Jeff Deist, President of the Mises Institute and Daniel McAdams, the Ron Paul Institute for Peace, weigh in on America’s self-destructive military industrial complex.

- Source, Jay Taylor Media

If The Deep State Propaganda Fails, Get Ready For The Event From Hell

The cabal (deep state) is scrambling and pushing out as much propaganda as possible. McCabe stepped down from the FBI, some are saying he was forced out, its all coming down and there is no place to hide. 

Bio-metric ids were put into the Securing America’s Future Act of 2018 which requires all American's to have their bio-metrics put into a database. North Korea allegedly says they are cancelling with South Korea because of news agencies negative view. Russia intercepts spy plane in the black sea. 

CIA designates the PKK as a terrorist group while supporting them. CNN and other corporate media outlets say we are not leaving Manbij in Syria, most likely this will happen within a couple of weeks. 

The cabal (deep state) is trying everything to distract and Q warns that if it doesn't work they will resort to an event from hell.

- Source, X22 Report

Tucker Carlson Talks with Trump Adviser Michael Caputo About Surveillance Memo Release

Tucker Carlson talks with Trump adviser Michael Caputo about the horrendous FISA memo and how it is set to be released. He states that this is a witch hunt, that will not end until it is forced to be ended.

The far left is losing control and attempting to destroy America with their bogus claims. Now the tables are turning on them and the FISA memo is about to expose them for what they are.

- Video Source

Sean Hannity Says Many More Resignations to Come at FBI in Light of Memo Release

Sean Hannity discusses the recent news that has shocked the political and financial markets. The controversial FISA memo is set to be release, much to the rejoice of liberty lovers all over.

Now, what comes next? Sean believes that many more heads are yet to roll and we are going to see mass firings within the FBI, as a great purge is performed.

- Video Source

Stefan Molyneux: The Inevitable Collapse of the US Dollar. Prepare Yourself.

While many people remain in denial, the collapse of the United States Dollar is inevitable from a mathematical standpoint. Stefan Molyneux looks at the history of the U.S. Dollar, the historical collapse of fiat currencies and things which may speed up the inevitable collapse.

- Source, Stefan Molyneux

When Global Economy Gets Hit, Silver Prices Will Explode

When troubles really hit the global economy, then expect silver prices to really take off, said Jeffrey Christian, managing partner for New York based CPM Group. “The first half of 2017 will be a continuation of sideways trading for the silver market. 

We will have to wait till 2019 to move up more sharply,” he said on the sidelines of the Vancouver Resource Investment Conference. “Problems [in the global economy] are not going to erupt in 2018-2019, at some point they will erupt maybe 2022-2024, until we see a financial crisis like 2007-2009 – when that happens the silver market has geared itself up to move not to $30 but to $40 ,” Christian forecasted. 

Gold and silver prices both hit 4.5-month highs and ended the U.S. day session moderately higher Thursday. An eroding U.S. dollar and a rallying crude oil market are bullish outside elements boosting the metals. February Comex gold was last up $7.40 an ounce at $1,363.80. March Comex silver was last up $0.136 at $17.625 an ounce.

- Source, Kitco News

A Critical Metals Deficit is Widening at an Alarming Pace

Amid the worldwide move into cryptos and the continuing interest in peak stocks, the global demand for tangible base metals like Zinc is only growing - while at the exact same time global inventories dwindle. In fact the PHYSICAL Zinc stockpile at the London Metals Exchange has done something very, very strange over the past month... so I've invited Max Porterfield, The CEO & President of Callinex Mines on the discuss all of it.

- Source, SGT Report

The Greatest Push To Start WW3 Has Just Begun

The FISA memo is about to be released and its suppose to be a shocker and Obama and the rest might be in trouble with this. By publishing the memo this could put a halt to the Mueller investigation. Jack Burman who was trying to find out who murdered Seth Rich was attacked. 

Russia reports that funds are being transferred to start riots in Russia. North Korea and South Korea cancel meeting before Olympics. The cabal is pushing its agenda in Syria, trying to get Turkey to invade, to push the conflict in Syria, to get Russia and China involved. This is greatest push we have seen to get war off the ground.

- Source, X22 Report

John Rubino: The Suddenly Weak Dollar Is Back In The Spotlight

For the past few years the “strong dollar” has been so central to the global financial story – enabling ever-lower interest rates and ever-higher financial asset prices pretty much everywhere – that it’s easy to forget how illusory “strength” is for fiat currencies.

Since mid-2017 that illusion has been evaporating, as the dollar falls (both against other fiat currencies and assets like oil, bitcoin, tech stocks and gold) and interest rates rise.

And this week the US seemed to welcome these trends:

Mnuchin comment surprises financial markets, turns dollar decline into ‘one-way bet’(CNBC) – The dollar, already on a spiral lower, sank to a three-year low after Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.

The comments depart from the strong dollar policy of Treasury secretaries before him, going back to Robert Rubin in the Clinton administration, but fit with the Trump administration’s “America first” message.

The weak dollar policy could backfire and make U.S. assets like Treasurys less appealing, and drive up the costs of foreign goods for businesses and everyday Americans.

“They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it,” said one strategist.

Mnuchin’s comments echo statements by President Donald Trump, who famously helped turn a market trend of a stronger dollar last January when he said, prior to his inauguration, that the dollar was “too strong” and that U.S. companies can’t compete because of it, particularly against the Chinese. The dollar index has lost more than 10 percent since then, and after Mnuchin’s comment Wednesday morning, it sank to a new three-year low.

“Obviously a weaker dollar is good for us as it relates to trade and opportunities,” Mnuchin told reporters in Davos, according to Bloomberg, adding that the currency’s short-term value is “not a concern of ours at all.”

Whether a weak dollar policy was the intended message or not, the fact that Mnuchin made the comments at a briefing at the World Economic Forum’s annual meeting in Davos, Switzerland, was not lost on the market. The forum is viewed as the bastion of globalization and free trade, while Trump officials have been or are expected to reaffirm the administration’s America first policies, seen as protectionist by some.

The dollar was already set on a downward course this year, and Mnuchin’s comments help cement that path. The euro rose to 1.23 per dollar, and yen gained about 0.8 percent Wednesday against the greenback.

Treasury Department data show that China and Japan, the two largest holders of U.S. Treasurys, reduced their holdings in November as the dollar weakened. Last month, the International Monetary Fund reported the dollar’s share of global currency reserves fell in the third quarter to 63.5 percent, its smallest since mid-2014.
What are the downsides of a weak global reserve currency? Bond market carnage for one:

Ray Dalio Says Bond Bear Market Has Begun, Expects Historic Crash(Zero Hedge) – Joining the likes of Bill Gross and Jeffrey Gundlach, and echoing his ominous crash warning to the NY Fed from October 2016, Bridgewater’s billionaire founder and CEO Ray Dalio told Bloomberg TV that the bond market has “slipped into a bear phase” and warned that a rise in yields could spark the biggest crisis for fixed-income investors in almost 40 years.

“A 1 percent rise in bond yields will produce the largest bear market in bonds that we have seen since 1980 to 1981,” Bridgewater Associates founder Dalio said in a Bloomberg TV interview in Davos on Wednesday. We’re in a bear market, he said.

However, as we explained last December, this is a low-ball estimate which “understates the potential losses” as it “does not include high-yield bonds, fixed-rate mortgages, and fixed-income derivatives”, which would suggest that the real number is likely more than double the estimated when taking into account all duration products. As a reminder, Goldman calculated the entire duration universe at $40 trillion as of the summer of 2016, resulting in $2.4 trillion in losses for a 1% move.

By now the number is far, far greater.

Gold, of course, loves this kind of thing:

Gold hits 4-month peak after US welcomes weaker dollar(CNBC) – Gold prices hit the highest in more than four months on Wednesday after a U.S. official welcomed a weaker dollar and investors sought insurance against uncertainty.

The dollar index touched fresh three-year lows after U.S. Treasury Secretary Steven Mnuchin said a softer dollar was good for the United States. A decline in the dollar makes commodities priced in the greenback cheaper for buyers using other currencies.

Spot gold was up 0.95 percent at $1,353.80 per ounce at 12:02 p.m. EST, while U.S. gold futures for February delivery climbed 1.23 percent to $1,353.20 per ounce.

“It’s the weaker dollar, it’s the inflation focus and it’s also to some extent the market is continuing to look for a hedge against a world that’s becoming incredibly complacent with stocks at record highs,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. “We’re honing in on the 2017 high around $1,357, which is going to be the next big level.”

“Global investors are also concerned about potential trade wars… which is stirring up some risk-aversion trade, so that, in turn, is supporting gold,” said Richard Xu, a fund manager at China’s biggest gold exchange-traded fund, HuaAn Gold. “I think gold prices will continue to trend higher along with other commodities, so $1,400 (an ounce) is our near-term target.”

In other precious metals, silver gained 2.14 percent to $17.41 per ounce after touching a 3-1/2-week low of $16.73 in the previous session.

- Source, John Rubino

Nomi Prins: Debt Will Eventually Destroy the Entire Financial System

Two time, best-selling author Nomi Prins says global debt levels are at record highs. Prins contends, “These are levels that they have never been, and they are all at their historic highs. That’s why debt will ultimately be the destructor of the system. 

In order for that to happen, the cheapness of money that allow states, municipalities and corporations to continue to borrow at these cheap levels has to go away. 

At some point, there will be a mistake. There might be a tiny smidge of an interest rate hike at some central bank, probably the Fed, which ripples throughout the system as a mistake, not because real growth has happened, and that’s why interest rates have been raised. 

That will incur defaults throughout the system. People will incur personal defaults, and that will cause problems in the mortgage market, then it becomes a knock-on credit crisis, and then banks start not to lend. Then we have the makings of a broad crisis.”

- Source, USA Watchdog

Trump To Embrace Nuclear First Strike, to Protect America?

President Trump's new Nuclear Posture Review is expected to call for new "low-yield" nuclear weapons and an expansion of the scenarios in which the US may use a nuclear "first strike." Is this a good idea? We discuss in today's Liberty Report...

- Source, Ron Paul's Liberty Report

Credit Markets Smile on Gold, Frown on Stocks and Bonds

Alasdair Macleod shares his well reasoned expectations for the direction of markets as well as GDP and Main Street in 2018 based on the credit cycle.

- Source, Jay Taylor Media

Are The American People Being Prepared For A Nuclear Pearl Harbor?

The DOJ unseals indictments to one individual but more are on the way. The Syrian forces have reported that the rebels have used chlorine gas. Hawaii had a scare, there was an alert sent out to the people telling them that an incoming missile was headed there way. Parents placed their children in storm drains and people panicked.

- Source, X22 Report

Robert Kiyosaki: Having Gold Near You Attracts More Wealth

Holding real gold is the best way to have steady income, says Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad” and his latest book “Why The Rich Are Getting Richer.”Kiyosaki has been a self-proclaimed gold bug since 1972, and in his latest interview with Kitco News, he explained his journey with the yellow metal, from his first foray into gold when Nixon removed the dollar from the gold standard, to accumulating millions of dollars in gold today. 

“People believe what they want to believe,” Kiyosaki said, “some people believe that if you go to school you’ll be happy, or if you get married you’ll be happy….well, I don’t know about that, but gold has made me very happy.”

- Source, Kitco News

Tim Warman: Gold and Cryptos Coming Together

Tim Warman, CEO and Director Fiore Gold, has been around the block a time or two when it comes to gold discoveries. He has been directly responsible for locating 30 million ounces of gold! No small feat on such a large planet that doesn't give up secrets very easily. Tim and the teams he has worked with like Continental Gold Inc, Aurelian Resources and Dalradian, has been surrounded by world class management and exploration Teams. As a geologist, Tim, knows his rocks and where and how to find gold!

- Source, The Daily Coin