Banks Are Closing Thousands Of Branches And Retailers Are Shutting Down Thousands Of Stores

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December 28, 2023

by Michael Snyder, The Economic Collapse Blog:

If the U.S. economy really is in “good shape”, then why are so many prominent businesses rushing to permanently shut down locations that were once profitable? As you will see below, U.S. banks are closing thousands of branches and U.S. retailers are closing thousands of stores. If a new golden age of prosperity is dead ahead, that wouldn’t make any sense at all. Of course the truth is that most Americans are really struggling in our current economic environment, and conditions are going to get even worse in 2024.

2023: GAS LIGHTING THE GREAT AWAKENING

from SGT Report:

This is a 2030 year end wrap up: Gaslighting the Great Awakening – and 2024 will be even bigger. Merry Christmas to you and your family friends.

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Massive ‘Safe-Haven’ Panic Bid In Bonds, Gold, & Swissy Sparks Dollar Exodus

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SGT

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December 27, 2023

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from ZeroHedge:

Somebody knows something…

Dollar pukefest, Swiss Franc panic-bid, bond yields plunge-gasm, gold surge-plosion, Crypto spike-a-thon… and stocks UNCH.

Looking at stocks today you could be forgiven for thinking that today was a typical ‘meh’ mid-week between Xmas and NYE day with all the US majors hovering around unchanged (until the last second idiocy from algos)…

44% Of Human Skills Will Be Replaced By AI In Five Years

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SGT

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December 27, 2023

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from Great Game India:

In a recent report on FOBO, the World Economic Forum recently admitted that 44% of human skills will be replaced by AI in five years.

If there was ever a time in history when proponents of globalism could not contain their unnerving excitement, it was when artificial intelligence gained prominence in the media. The World Economic Forum is obviously in awe of artificial intelligence (AI), praising the technology and characterizing it as the pinnacle of human industry. They assert that AI will transform society so quickly that most individuals won’t be able to keep up with the developments.

Bank Bailout Program Balance Surges Again in December

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SGT

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December 27, 2023

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by Michael Maharrey, Schiff Gold:

What’s going on with US banks?

Over the last month, loans outstanding in the Federal Reserve bank bailout program increased by $17.24 billion. It was the second month we’ve seen borrowing from the Bank Term Funding Program (BTFP) surge. And the pace of borrowing is increasing.

Between December 13 and December 20, the balance in the BTFP grew by $7.57 billion.

As of Dec. 20, the balance in the BTFP stood at just under $133.34 billion. It’s the largest balance since the program was created in March.

GoldSeek Radio Nugget – John Rubino: When FED eases gold rises

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SGT

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December 27, 2023

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from GoldSeek Radio:

TRUTH LIVES on at https://sgtreport.tv/

IRS Rakes in Record $4.9 Trillion in Taxes from Americans Amid Enforcement Crackdown

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SGT

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December 26, 2023

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from The Epoch Times:

The IRS has collected a record-shattering $4.9 trillion dollars in tax revenue from Americans as it increasingly relies on high tech like AI to boost collection

The Internal Revenue Service (IRS) raked in a record $4.9 trillion in taxes from Americans in the last fiscal year, due in large part to automated collections processes and aggressive audits that saw taxpayers hit with billions in additional taxes after examination.

The Future of Direct Taxation

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SGT

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December 26, 2023

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by Jeff Thomas, International Man:

The image above may be considered by some as unfair, as it suggests that taxation is a form of robbery. Well, let’s check the dictionary for a definition:

“Robbery is defined as taking away of goods or property by force or intimidation.”

Well, that certainly fits the bill. Of course, Inland Revenue (or the IRS, CRA, etc., depending upon where you’re from) would say that it’s not robbery if it’s lawful. As I see it, the fact that a law has been passed to allow robbery does not change it from being robbery. It’s merely institutionalised robbery.

GoldSeek Radio Nugget – John Rubino:

By

SGT

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December 25, 2023

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from GoldSeek Radio:

TRUTH LIVES on at https://sgtreport.tv/

As the dollar goes to ZERO, Gold will reach unthinkable heights.

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SGT

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December 25, 2023

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by Egon Von Greyerz, Gold Switzerland:

Matterhorn Asset Management founder, Egon von Greyerz, sits down with Darryl and Brian Panes from as Good as Gold Australia to discuss the major economic and precious metal themes, including the slow and now more imminent demise of the global financial system in the wake of irrational and destructive credit expansion.

With necessary humor and humility, Egon discusses how this otherwise serious and destructive debt and currency cycle, warned decades ago, is reaching its objective (and exponential) culmination following the American closing of the gold window in 1971.

‘Nobody’s Money Safe in the West’ If Russia’s Assets Used to Fund Ukraine – Journo

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SGT

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December 24, 2023

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from Sputnik News:

US media reported on Thursday that the Biden administration was considering using the estimated $300 billion in Russian assets frozen in Western banks to fund the Kiev government. Russian President Vladimir Putin has threatened “severe consequences” if the plan is put into action.

If the Biden administration gets away with illegally using seized Russian assets to fund Ukraine, that would “basically nuke the entire Western financial system,” journalist Nebojsa Malic told Sputnik.

Gold Price in 2024 with Eric Sprott

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SGT

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December 23, 2023

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by Craig Hemke, Sprott Money:

Buckle up for a riveting ride with Eric Sprott, our community’s financial luminary, as he tackles inflation, naked shorting, interest rates, and the precious metals market. Joined by host Craig Hemke, they not only dissect today’s financial landscape but also serve up a tantalizing preview of what’s in store for 2024, offering essential insights for navigating the economic rollercoaster ahead!

US Considers Confiscating an Equivalent 4,550+ Metric Tonnes of Gold from Russia

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SGT

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December 23, 2023

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from SD Bullion:

TRUTH LIVES on at https://sgtreport.tv/

Powell’s Pivot, Gold and Precious Metals Markets with Craig Hemke

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SGT

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December 23, 2023

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by Kerry Lutz, Financial Survival Network:

In this meeting, Kerry and Craig Hemke discuss various topics related to the economy and the precious metals market. They delve into the Fed’s recent pivot and its potential impact on the economy and the upcoming presidential election. They also discuss the recent rise in gold prices and the impact of bank acquisitions on the precious metals market. Additionally, they analyze the recent rise in copper prices and predict that it will continue, potentially reaching all-time highs. They base their predictions on historical trends and current market conditions, including the potential for a downward trend in the dollar.

Continue

The End of the Dollar Empire

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SGT

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December 22, 2023

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by Harley Schlanger, LaRouche Organization:

Provoked by G7 sanctions and theft of reserves in western banks, a growing number of former colonies in the Global South are looking to the use of national currencies, and to develop alternate sources of credit, to fund trade and development. Military-Financial-Industrial Complex think tanks, such as the Atlantic Council, have taken notice, and advocate accelerated financial warfare, as well as kinetic war, to protect their bankrupt Unipolar Order.

Death of the Dollar

Poland now has more gold reserves than the UK

Bank of America Customers Report Problems Having Issues Accessing Bank Accounts

No End in Silver Market Deficits Anytime Soon

“MARK MY WORDS! Central Banks Will Send BTC & Crypto Straight to the Moon” – Raoul Pal (my view on economy)

Banks To Join SWIFT Digital Asset Trials In 2025

Banks Are Closing Thousands Of Branches And Retailers Are Shutting Down Thousands Of Stores

2023: GAS LIGHTING THE GREAT AWAKENING

Massive ‘Safe-Haven’ Panic Bid In Bonds, Gold, & Swissy Sparks Dollar Exodus

44% Of Human Skills Will Be Replaced By AI In Five Years

Bank Bailout Program Balance Surges Again in December

GoldSeek Radio Nugget – John Rubino: When FED eases gold rises

IRS Rakes in Record $4.9 Trillion in Taxes from Americans Amid Enforcement Crackdown

The Future of Direct Taxation

GoldSeek Radio Nugget – John Rubino:

As the dollar goes to ZERO, Gold will reach unthinkable heights.

‘Nobody’s Money Safe in the West’ If Russia’s Assets Used to Fund Ukraine – Journo

Gold Price in 2024 with Eric Sprott

US Considers Confiscating an Equivalent 4,550+ Metric Tonnes of Gold from Russia

Powell’s Pivot, Gold and Precious Metals Markets with Craig Hemke

The End of the Dollar Empire