Thanks to Wikileaks, we now have smoking gun proof that the corrupt Democratic National Committee and the corrupt mockingbird mainstream media have been colluding to prop up Rothschild’s pick for U.S. President, ultra-corrupt Hillary “I really do belong in prison” Clinton. Never before have the crimes of the establishment been so clear for all to see, even some Liberal Democrats are finally waking up! If you care to really understand how deep the Clinton crime family corruption runs, be sure to watch CLINTON CASH – and then share it with others.
And against the backdrop of our crumbling banana Republic, the global economic Ponzi continues to deteriorate at an alarming pace. Jason Burack from WallStForMainSt.com is back to help us dissect all of the latest.
Gold and silver mining companies are enjoying a resurgence in 2016 as their stocks attract deep pocketed Wall Street money. The trend is clear, the best precious metal mining companies have the potential to compound the returns of the rising prices of gold and silver, by many multiples. Bryan Slesarchuk, the President of K92 Mining, Inc. returns to SGT report to provide a detailed update about the company which is now trading in the United States as KNTNF. K92’s mine and mill was purchased from Barrick Gold at the very low point in the mining stocks bear market – and now K92 will begin pulling PHYSICAL gold out of the ground in the next 30-45 days. Perhaps that’s why K92 stock has doubled in price since Bryan was last on SGT report on May 24th.
It is a month after Britain’s surprise vote to leave the EU.
A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing triumvirate, Mark Carney, is still in office. Having taken a political stance in the pre-referendum debate, there can be little doubt the post-referendum fall in sterling was considerably greater than if he had kept on the side-lines.
This article takes to task the Treasury’s estimates of the effect of Brexit on the British economy and Mr Carney’s role in the affair, then assesses the actual consequences.
The Treasury’s economic weapons of mass destruction
One of the Treasury’s models predicted Brexit would cost each household £4,300 every year. There were at least two things wrong with this prediction. Firstly, it was presented as if it was a loss of net income, in other words the business profit or wages the average household would lose. The estimate was nothing of the sort, it was the Treasury’s estimate of the loss of annual GDP divided by the number of households in the event of Brexit.
Last night, just ahead of the Democratic National Convention’s prime time event as president Obama was set to begin his speech praising Hillary and slamming Trump, Wikileaks released another batch of leaked data from the DNC, this time in the form of hacked voicemails from top Democratic officials. However, a cursory skim of the release underwhelmed, suggesting no major developments would emerge as a result of this particular disclosure.
The new material includes 29 phone calls, totaling about 14 minutes. Many of them are complaints directed at the Democratic National Committee. That said, this is probably not the end of it because as we reported two days ago, Julian Assange warned CNN there would be “a lot more material” to come, following the publishing of hacked Democratic National Committee internal emails this past Friday.
As reported by The Telegraph, eating curry at least once a week may help you to prevent dementia, according to new research published in the Journal of Nutrition. The study by Australian scientists shows that a weekly hit of spicy food will keep your mind sharper for longer.
Turmeric has been identified as the most important and beneficial component, and is an ingredient used in almost every curry – from your mild and creamy kormas to extra hot and spicy vindaloos. Great news if you are a lover of spicy food – but what exactly is it about turmeric that helps prevent dementia?
Miles Franklin is anything but an ordinary gold and silver coin company. Our approach provides a creative strategy for diversifying one’s assets with precious metals. This strategy has been yielding positive results for clients nationwide since 1989. Miles Franklin was founded by David and Andrew Schectman. Our vision was to offer a wide variety of bullion and numismatic products, extensive …
We have something special to share with you over the next couple days. Instead of our usual market commentary, we’re featuring a recent interview between Nick Giambruno, editor of Crisis Investing, and Casey Research founder Doug Casey. Today, in part one of the interview, Doug tells Nick why he thinks Donald Trump will destroy the Republican Party…and why that’s a good thing.
Tomorrow, Doug tells us what could happen if Hillary Clinton wins. As usual, Doug doesn’t hold back and ignores any notion of political correctness. Enjoy…
Nick Giambruno: There is a popular conception that only the “best and brightest” go into government. I think this is a sacred cow that needs to be slaughtered. What’s your take, Doug?
Doug Casey: It’s a real problem when a pernicious myth subverts reality. Everybody believes that the institution of government is like Camelot—a wise ruler assisted by noble paladins. Maybe that meme gained traction in recent times with John Kennedy and his good-looking wife, Jackie. They looked like an ideal couple. They weren’t. But they were a lot better than what followed for the next 50 years…
Initial Jobless claims inch up a little fighting the manipulation. Corporate earnings are declining. Ford doesn’t see sales getting better in 2017. Cash purchases in the real estate market is starting to dry up, mortgage apps down, the bubble is popping. US homeownership declines and we are now at 1965 levels. Trade deficit widens the US is now importing more than exporting. Baltic Dry Index declines further. Atlanta Fed revises GDP even lower.
Theodore Roosevelt’s famous mantra “speak softly and carry a big stick” suggested that the United States should seek to avoid creating controversies and expectations through loose or rash pronouncements, but be prepared to act decisively, with the most powerful weaponry, when the time came. More than a century later, the Federal Reserve has stood Teddy’s maxim on its head. As far as Janet Yellen and her colleagues at the Fed are concerned, the Fed should speak as loudly, frequently, and as circularly as possible to conceal that they are holding no stick whatsoever.
Roosevelt’s “stick” was America’s military might, which in his day largely boiled down to the U.S. Navy, which he had enlarged and modernized. To demonstrate to a potential adversary that he was prepared to use these weapons, Roosevelt sent the fleet around the world in a massive show of force. However, he took care to couch the expedition in soothing rhetoric. He even ordered the battleships to be painted white to create the impression that they were angels of mercy rather than instruments of power. The combination proved effective. America’s global influence increased dramatically during his presidency even though few shots were fired.
“One Ring to rule them all . . . and in the darkness bind them.”
J.R.R. Tolkien, The Lord of the Rings
World War II resulted in Europe being conquered, not by Berlin but by Washington.
The conquest was certain but not all at once. Washington’s conquest of Europe resulted from the Marshall Plan, from fears of Stalin’s Red Army that caused Europe to rely on Washington’s protection and to subordinate Europe’s militaries to Washington in NATO, from the replacement of the British pound as world reserve currency with the US dollar, and from the long process of the subordination of the sovereignty of individual European countries to the European Union, a CIA initiative implemented by Washington in order to control all of Europe by controlling only one unaccountable government.
With few exceptions, principally the UK, membership in the EU also meant loss of financial independence. As only the European Central Bank, an EU institution, can create euros, those countries so foolish as to accept the euro as their currency no longer have the power to create their own money in order to finance budget deficits.
Everyday more evidence piles up against Hillary Clinton for illegal use of a personal Blackberry, personal computers and a computer server in her basement in Rye, NY to conduct official U.S. Government State Department business. Business that should have been conducted using only super-secured State Department cellphones, computers and servers.
But of course, the director of the fbi, James Comey – long-time Clinton ally and a board Untitledmember of Hillary’s personal slush fund the Clinton Foundation, has given Hillary a get out of jail free card on that.
And now it’s revealed that Hillary and her gang at the DNC violated all kinds of laws and Democratic Party principles in order to rig the primaries. Of course, Hillary has decided to deflect the truth by blaming the Russians for sabotaging her campaign by exposing the truth. Of course that’s nonsense but does it really matter who exposes a crime as long as it’s exposed? Isn’t the idea to impose Rule Of Law and justice on those who break the law?
The percentage of Americans that own a home has fallen to the lowest level ever recorded. During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, which was exactly where it was at when the U.S. Census began publishing this measurement back in 1965. This is not what a “recovery” looks like. All throughout the Obama years, the percentage of Americans that own a home has gotten smaller and smaller and smaller. The reason for this, of course, is that the middle class in America is dying. Last year, we learned that middle class Americans now make up a minority of the population for the first time ever. In order to have a high rate of homeownership, you need a thriving middle class, and you can’t have a thriving middle class without good paying middle class jobs. This is why I write about the evisceration of the middle class so extensively, because the U.S. economy is systematically being hollowed out and most Americans don’t understand what is happening.
SILVER COMEX HAS A NEW RECORD 223,201 TOTAL OPEN INTEREST. THE FRONT GOLD COMEX OI FOR AUGUST IS 42,275 WHICH IS EXTREMELY HIGH AND INDICATES A HUGE AMOUNT OF GOLD WILL STAND/JULY GOLD OFFICIALLY STANDS AT 21.452 TONNES/BIG ANNOUNCEMENT TONIGHT ON THE STIMULUS PLAN IN JAPAN. IF A FAILURE ALL MARKETS WILL TANK TOMORROW/ALSO TOMORROW IS LAST DAY FOR A REPRIEVE FOR MONTE DE PASCHI IN ITALY/ERDOGAN IS AT IT AGAIN BY ARRESTING ALL THE MAJOR MEDIA OUTLETS: TV, NEWSPAPERS AND MAGAZINE COMPANIES
For the July gold contract month, we had 0 notices served upon for nil ounces. The total number of notices filed so far for delivery: 6897 for 689,700 oz or 21.452 tonnes
In silver we had 112 notices served upon for 560,000 oz. The total number of notices filed so far this month for delivery: 2471 for 12,355,000 oz