Saturday, December 3, 2016

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saveyourassetsfirst3


Peter Schiff Warns QE4 Is Going To Be YUUUGE

Posted: 03 Dec 2016 01:00 PM PST

Peter Schiff Warns QE4 Is Coming…   On Sale At SD Bullion!

The post Peter Schiff Warns QE4 Is Going To Be YUUUGE appeared first on Silver Doctors.

The Gold To Oil Ratio: What It Tell Us About An Impending Crisis And The Price Of Gold

Posted: 03 Dec 2016 12:19 PM PST

Why I'm Bullish On Starbucks Despite Dollar Strength

Posted: 03 Dec 2016 12:11 PM PST

Here Is How Speculative Gold Traders Are Preparing For The Italian Referendum - And Why We Think They Are Wrong

Posted: 03 Dec 2016 11:28 AM PST

This 2,000-YO Lead Tablet Could Change What We Know About Jesus: “Earliest Document in Existence”

Posted: 03 Dec 2016 10:00 AM PST

A controversial discovery is casting light on a part of Jesus' life that was not previously known, and is now the oldest known record of early Christianity.     From Mac Slavo: An article of faith? Controversial and startling new evidence is casting light on a part of Jesus' life that was not previously known, […]

The post This 2,000-YO Lead Tablet Could Change What We Know About Jesus: "Earliest Document in Existence" appeared first on Silver Doctors.

It Could Finally Be Time For Gold To Really Shine

Posted: 03 Dec 2016 09:17 AM PST

Harvey Organ – China Rejects NY Gold Paper Pricing!

Posted: 03 Dec 2016 06:00 AM PST

China rejects NY pricing of gold as a fraud as NY/Shanghai spread soars to $20… HUGE SPREAD BETWEEN SHANGHAI GOLD FIXING AND NY PRICES MAINTAINS IT'S 20 DOLLAR PLUS PREMIUM/GOLD WHACKED AGAIN/COMEX GOLD OPEN INTEREST AT 401,000 AT ONE YR LOWS AND PROBABLY SIGNALS THE BOTTOM/IN A STARTLING MOVE, CHINA IS CURBING OUTFLOWS OF YUAN: […]

The post Harvey Organ – China Rejects NY Gold Paper Pricing! appeared first on Silver Doctors.

Breaking News And Best Of The Web

Posted: 03 Dec 2016 01:37 AM PST

OPEC agrees to cut output. Oil jumps, stocks rise, gold falls. The political focus shifts to upcoming Italian, French and Austrian elections, all of which could go against the establishment. India’s war on cash may turn into war on gold. Political class still searching for an explanation (see “Best of the Web”). Trump’s cabinet takes […]

The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

The Shocking Truth About How Barack Obama Was Able To Prop Up The U.S. Economy

Posted: 02 Dec 2016 03:19 PM PST

barack-obama-looking-into-a-mirror-public-domainBarack Obama is one of the biggest “Keynesians” of all time, but unfortunately most Americans don’t even understand what that means.  In this article, I am going to share with you the primary reason why Barack Obama has been able to prop up the U.S. economy over the past eight years.  If Barack Obama had not taken the extreme measures that he did, we would be in the midst of a historic economic depression right now.  But by propping things up in the short-term, he has absolutely demolished our long-term economic future.  But like most politicians, Obama has been willing to sacrifice the future for short-term political gain.

If you take any basic college course in economics, you are going to learn about John Maynard Keynes.  Without a doubt, Keynes was one of the most famous economists of the 20th century, and one of the things that he believed was that governments should go into debt and spend more money when an economic downturn strikes.  By injecting additional funds into the economy during a time of crisis, he believed that the severity of recessions and depressions could be reduced.  This approach ultimately become known as “Keynesian economics”, and in the post-World War II era virtually the entire world embraced it at least to some degree.  Here is more on Keynes from Investopedia

An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Depression. Subsequently, the term "Keynesian economics" was used to refer to the concept that optimal economic performance could be achieved – and economic slumps prevented – by influencing aggregate demand through activist stabilization and economic intervention policies by the government. Keynesian economics is considered to be a "demand-side" theory that focuses on changes in the economy over the short run.

Keynesian economists correctly point out that there is a “multiplier effect” to government spending.  In other words, when the government spends money it ends up in the hands of ordinary people.  In turn, those people spend that money on various goods and services that they need, thus boosting overall economic activity.  And the more the money circulates, the more the economy is stimulated.  So one dollar of additional government spending does not just add one dollar to GDP.  Rather, the impact on GDP is often significantly greater than that.

Of course the bad news is that whenever the government borrows money it is stealing consumption from the future.  So we are literally destroying the future that our children and our grandchildren were supposed to have in order to make the present look a little bit brighter.

When Barack Obama entered the White House, the U.S. was in the midst of the worst financial crisis since the Great Depression.  The Bush administration had already begun to ramp up spending, but Barack Obama took “government stimulus” to ridiculous new levels.  The national debt has risen by an average of more than 1.1 trillion dollars a year while Obama has been in charge, and this fiscal year we are on pace to add more than 2 trillion dollars to the debt.

At this moment, the U.S. national debt is a whopping $19,901,545,151,126.51, and it will cross the 20 trillion dollar mark by the time Donald Trump is inaugurated on January 20th.

But when Barack Obama was inaugurated, the national debt was only 10.6 trillion dollars.  That means that we have added about 9.3 trillion dollars to the debt since that time.

So we have borrowed and spent 9.3 trillion dollars under Obama that we did not have.  But because of the “multiplier effect”, that 9.3 trillion dollars actually had a far greater impact on the U.S. economy.

Let’s be conservative and just double that number.  So that would give us an 18.6 trillion dollar overall impact on U.S. economic activity.  Spread over eight years, that comes to an average GDP impact of 2.325 trillion dollars a year.

But over the last eight years U.S. GDP has only been averaging about 16 trillion dollars a year.  So if you took away 2.3 trillion dollars a year, that would be about one-eighth of our entire economy.

In other words, without all of this debt that Barack Obama and Congress have been getting us into, we would be in the worst economic depression in U.S. history right now.

And I haven’t even factored in state and local government debt, corporate debt or household debt.  The truth is that I am not exaggerating one bit when I say that we are enjoying a debt-fueled standard of living that we simply do not deserve.

But even with all of this debt, the U.S. economy has still not been performing really well.  In fact, Barack Obama is going to be the only president in U.S. history to not have a single year when U.S. GDP grew by at least three percent.

Despite what many in the mainstream media are telling you, the reality of the matter is that Donald Trump is going to inherit an economy that is deeply troubled.  If you doubt this, please see my previous article entitled “11 Very Depressing Economic Realities That Donald Trump Will Inherit From Barack Obama“.

Donald Trump is talking about cutting taxes and reducing regulations, and all of those things are good, but ultimately those measures are not going to matter that much.

What is going to matter is what Donald Trump decides to do about our exploding debt.

If Donald Trump wants the U.S. economy to continue to remain at least somewhat stable in the short-term, he is going to have to keep piling up debt like Obama has.  Because if Trump and the Republicans decide that they want to get our debt under control, that will plunge us into a horrifying economic depression almost immediately.

But if Donald Trump continues to steal money from future generations of Americans at the same pace that Barack Obama has been doing, he will literally be destroying the future of America.  It will be a crime on a scale that is almost beyond words, and if they get a chance to do it, future generations of Americans will look back and curse him for what he has done to us.

So Donald Trump is really in a no-win situation when it comes to the economy.

The only way that he can match Obama’s performance is to do what Obama did, but by doing so he would literally be killing the future.

As a nation we have been consuming far more wealth than we produce for a very, very long time, and the only way that we have been able to do this is because we have been able to go into so much debt.

But now a day of reckoning is fast approaching, and I am not sure if Donald Trump even realizes that he will soon be faced with some incredibly heartbreaking choices.

Gold Price Discovery Shifting to Physical Shanghai Gold Exchange as Prices Diverge vs LBMA

Posted: 02 Dec 2016 03:17 PM PST

gold price divergenceThe launch of the Shanghai Gold Exchange (SGE) was a promising event for gold investors. The exchange provides a new benchmark price for gold bullion with a much higher backing of contracts by actual physical metal. Many hope this new price benchmark will challenge or one day replace the Western price benchmarks that are widely […]

The Last Time The Fed Hiked Rates in December, Silver Began An $8 Rally

Posted: 02 Dec 2016 03:00 PM PST

With A Historic Month for the Markets Behind Us, Craig Hemke Joins the Show For In-Depth Analysis, Discussing: Biggest Move in Treasury Market In HISTORY – Implications For Gold and Silver? The TRIGGER? Last Time The Fed Hiked Rates in December, Silver Began An $8 Rally Doc Reveals the REAL Reason For the Elite’s War […]

The post The Last Time The Fed Hiked Rates in December, Silver Began An $8 Rally appeared first on Silver Doctors.

DESPERATION: The Deep State’s Attempt To CRUSH India’s Gold Demand

Posted: 02 Dec 2016 02:03 PM PST

Given that Deep State operatives can do nothing to increase western gold supply, their only options are to somehow discover supply elsewhere, and/or to CRUSH gold demand. The manner in which India’s demonetization was carried out indicates some kind of desperation. It indicates to us that the bullion banking cabal is coming up against the wall, and […]

The post DESPERATION: The Deep State's Attempt To CRUSH India's Gold Demand appeared first on Silver Doctors.

Light In the Darkness

Posted: 02 Dec 2016 02:00 PM PST

Surely the Lord Does Nothing Unless He First Reveals His Secret to His servants the Prophets…  

The post Light In the Darkness appeared first on Silver Doctors.

Eric Sprott Warns If India Bans Gold, Silver Will Go CHAOTIC

Posted: 02 Dec 2016 01:58 PM PST

Eric Sprott Breaks Down Today’s Jobs Report & MAJOR MOVES In Bonds, Interest Rates, Gold, & Silver. Sprott Warns If Modi Bans Gold, India Will MASSIVELY Turn to Silver, Sending the Global Silver Market Into CHAOS…   From SprottMoney:    

The post Eric Sprott Warns If India Bans Gold, Silver Will Go CHAOTIC appeared first on Silver Doctors.

FINAL INTERVIEW WITH JB WELLS AT CARAVAN TO MIDNIGHT – JIM WILLIE

Posted: 02 Dec 2016 01:45 PM PST

Hat Trick Letter Editor Jim Willie joins JB Wells and is uncharistically enthusiastic about America’s future after Donald Trump swept the fascists out of power, but warns the birth-pains of the new administration will be strong – as it comes with the Collapse of the Dollar:   November 29th (posted very late due to stubborn incompetence […]

The post FINAL INTERVIEW WITH JB WELLS AT CARAVAN TO MIDNIGHT – JIM WILLIE appeared first on Silver Doctors.

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