Welcome to Roger's Latest Monthly Economic Rant
| - 2007
Late June 2017 Economic Rant - Roger Mason
"It is in the interest of tyrants to reduce the people to ignorance and vice. For they cannot live in any country where virtue and knowledge prevail." — Samuel Adams
WE MISSED A BULLET WITH NORTH KOREA
Events in North Korea were critical for awhile. We had three warships off their coast. The citizens of Guam were given civil defense instructions. South Korea was on red alert. Gold wasn't reacting though. The things cooled off fortunately. This is certainly not over, and this was a Big Warning. Watch North Korea.
AMERICA IS THE WARMONGER, THE EVIL EMPIRE
Look how we have ringed Russia and China with military bases. We have 865 offshore military bases. We need none at all. That's right, every single offshore base should be shut down, and our soldiers brought home. We have 5% of the world population, but spend HALF the world military funds. China spends a tiny fraction of their GNP on their military. Russia spends a tiny fraction of their GNP on their military. Israel spends OUR money on their military. North Korea spends the most of all on their military, while their citizens literally starve to death and freeze to death.
This is called "imperialism", and this is what we're doing. This is defined as extending a country's power and influence thru military power. We're completely bankrupt, and so deep in debt, it is not comprehensible. Nevertheless, we want to be the World Policeman, the World Bully, The World Empire. We cannot even begin to afford this evil. This imperialism is what destroyed Rome, England, and other empires. In fact, we are the ONLY empire on earth now. The last empire was England, an it is collapsed into a third world mixed race socialist cesspool after 1945. Russia isn't. China isn't. Only America is trying to be an empire. The extreme military expenditures alone will destroy us. The evil we are doing is beyond comprehension. Millions of innocent people have been murdered in the Mideast because of us. Nations have karma, just like people do. Our karma is black and we will be destroyed- like every other empire before us. History doesn't just rhyme- it does repeat. New actors, new scripts, and new scenery, but the same old evil, the same old story over and over.
WE HAVE 865 OFFSHORE MILITARY BASES
THE COT REPORT JUST GETS WORSE
The COT report on the 2nd was terrible again. The commercials added 9,000 gold shorts and are now 183,000 net short. They added 7,000 silver shorts and are now 71,000 net short.
The COT report on the 9th was terrible again. The Big Banks added 33,000 gold shorts, and are now 216,000 net short. They added 4,000 silver shorts, and are now 76,000 contracts net short. These are not good numbers obviously.
Yes, these numbers have been worse, but they have to get a lot better.
ONE YEAR GOLD COT REPORT GRAPH
ONE YEAR SILVER COT REPORT GRAPH
This is a very hard to find 300 year silver price chart adjusted for inflation. Silver has never been cheaper. Silver is the most undervalued asset on earth. Gold is the second most undervalued asset on earth. Silver at $50 in 1980 would be well over $150 today adjusted for inflation. The author of this chart feels it would be more like $669, and he has a strong point there. All manipulations end, and end badly for the manipulators. This manipulation will soon end for the simple fact we are running out of physical silver.
The metals are going up, but the miners are not confirming them. The HUI and GDX are in coiled pennant formations. Pennants nearly always break up or down, and it is highly unlikely the miners will break south.
Yes, we had a breakout, and then a breakdown, and then a recovery. Silver at $17 is a no brainer.
10 YEAR HUI CHART
Take a good look at how the miners have been doing in the last decade. We had a high of about 650 in 2011. The low was 100 in December 2015. In the very last frame on the right you can see the 5 month coiled pennant that will break out soon. Once we cross 300 we'll be off to the races. Right now we are right at the 200 level. Look for the HUI to get over 220, and the GDX to get over 25.
FAKE MANCHESTER TERRORISM MEANT TO CENSOR INTERNET
More hoax fake Hollywood “terrorism” in London. Immediately Prime Minister les-bean Theresa May called for censorship of the worldwide Internet. She was very diplomatic about this, of course, and never said, “censorship”. She did say the Internet and Internet providers, “provide a safe space for terrorism to breed”. Really? Terrorism breeds on the Internet? Should we just go to www.isis.com and sign up? Have you ever once in your life found ONE website that promoted terrorism? The Internet is the LAST BASTION OF FREEDOM. Once it is censored, we have no hope at all of any freedom whatsoever. You cannot find truth, reality, facts, or accurate information anywhere on this earth now except online.
"WE NEED TO REGULATE CYBERSPACE TO PREVENT TERRORISM"
That is a direct quote from Theresa May on the 5th of June on national TV. The Internet is the last bastion of freedom, and the NWO crowd will not tolerate any kind of freedom. The ONLY place to learn the truth now is online. The Clintons tried very hard to censor the Internet, as did Nobama. 99% of the sheeple are taken in by the fake bombings and murders. They will welcome censorship of the Internet. Here's the psychotic old bitch. Yes, the people in England freely elected her as Prime Minister because they are all brain dead. You will see more and more headlines like today's paper, "Terrorist's mother says Internet made her son a radical." You'll see more headlines like this promoting censorship of the Internet and ending the right to free speech. Remember the very First Amendment is the guarantee of free speech.
THE NUMBER 22 IS VITALLY SIGNIFICANT TO THE ILLUMINATI
322 is the emblem of the Skull & Bones Society. They are an important Illuminati organization. This stands for the year 1932, second corps when they were founded. They believe in numerology very deeply. We reported that a 22 year old man supposedly killed 22 people on the 22nd of the month in Manchester. How impossible is that? Well, look at the six fake terrorist mass murders below, and you'll see this is even more impossible. All these attacks took place on the 22nd of the month? That is mathematically impossible. You can look up "322 Skull & Bones" if you want to know more about this numerological insanity of theirs.
BONDS ARE COLLAPSING
Bonds are the biggest legitimate market of all by far. The bond market is much larger than all the stock markets put together. Bonds are collapsing. The media isn’t telling you this. Yes, the derivatives market is much larger than bonds, but it is NOT a legitimate market at all. We have never had derivatives in the history of the world. We cannot even clearly define what a derivative even is. The dollar is collapsing on top of all this. That makes things much worse. The stock markets are in a bubble, and will soon burst- just like they did back in 2008. The real estate market is also ready to burst. The economy overall is in the toilet. Get out of all paper, and buy silver bullion you hold yourself.
All paper will be worth paper. This is a very rare opportunity you'll never see again.
STOCK MARKETS ARE ALL BUBBLES DUE TO MONEY PRINTING
The S&P 500 has tripled in price in the last eight years, but it hasn't tripled in value at all. The entire stock market bubble is fueled by the Fed printing counterfeit "money". It is not money at all- it is colored toilet paper backed by nothing. Look at what they did after Obama was elected. The stock markets are not going up in value at all. They are merely growing in inflation from counterfeit money printing. This really defines the ultimate bubble. It's all done with smoke and mirrors folks.
RETAILERS ARE ALL GOING TO HELL
In the last Rant we explained one fourth of the shopping malls will disappear in the next five years. Most malls today are obvious papered over ghost towns. Our mall (Wilmington has a population of 100,000) is so depressing we don't even go there any more. A growing list of retailers is failing and closing up shop. Over 8,000 stores will close this year. Don't blame online buying, as this is not the reason at all. These include K-Mart, Sears, Payless Shoes, GameStop, H.H. Gregg, Macy's, Nordstrom, Michael Kors, Dil-lards, Kohls, Rue 21, Bebe, Radio Shack, J.C. Penney, The Limited, Abercrombie & Fitch, Guess, Wet Seal, American Apparel, Crocs, Gender Mountain, Chico's, and even CVS. We could go on and on, but you get the point.
Logic tells you the discount stores should be thriving. Well, they're not. Walmart is the largest retailer in the world by far with a 240 billion market cap. They are where they were five years ago. No growth at all. Target has been doing badly for years. Family Dollar was bought out by Dollar Tree, and now both are failing. Dollar General is building stores like there is no tomorrow, but their stock is collapsing. Big Lots is miserable. When people can't afford to shop at the discount stores, you know they are dead broke!
102 MILLION WORKING AGE AMERICANS ARE JOBLESS
O.K. we're going to stop saying the unemployment rate is only 24%. The gummint claims a mere 6%. Ridiculous. The true unemployment rate is over 40%. Let's be clear about that. Over 40%. During the Great Depression is was only 25%. The American standard of living is going to hell on a rocket ship. We don't manufacture much of anything anymore. More and more a nation of minimum wage drones. Yes, you can get a job today- at a fast food restaurant. People over 50 can forget about getting a job, no matter what kind of education or experience they have.
THE REAL UNEMPLOYMENT RATE IS OVER 40%
A NATION OF MINIMUM WAGE SHEEPLE
This three year chart shows no manufacturing jobs have been created, but tons of waiter and bartender jobs have been. Look at the Help Wanted ads and you just see minimum wage dead end jobs. The snowflakes and millenials live in the parents basements, work low paying, unskilled jobs, delay marriage, get worthless college degrees, owe over one trillion dollars is student loans, play video games, take drugs, hook up, and have no future. Meanwhile they want more govern- stuck up their rear ends and vote for Bernie and Hillary. Why would any sane person want more government, less freedom, and a lower standard of living???
CALIFORNIA TO END ALL HYDROCARBON ELECTRICITY
The Peoples Republic of California is at it again. Remember, as goes California, so goes the nation. Senate Bill 100 will end all hydrocarbon generated electricity in the state by 2045. So, where are they going to get their energy for 40 million people- and growing?
This is over 1/8th of the entire U.S. population. There are few rivers, so hydropower is out of the question. They're running out of water, too. Nuclear will be banned of course. They already got rid of the coal plants, even though we have 1,000 years of known coal re-serves right here in America. There is simply no wattage in sunlight. “Solar farms” are a bad joke. Windmills have failed miserably all over the world. Biofuels use more energy then they generate. That’s right, you have to put more energy into a gallon of any biofuel than you get back. In Brazil they can’t even make ethanol out of worthless waste (bagasse). Batteries are absolutely impossible. You may only get about 40 or 50 hours of sunlight out of a 168 hour week. What are you going to do the other 130 hours? You would literally need a one acre, million dollar "solar farm" to even think about doing this. Wind comes and goes. Over 5 million mostly white educated people have escaped the Peoples Republic to live in Texas and Idaho. The ironic thing is they bring their California Communism with them to pollute the states they move to.
Guatemalan communist Senate President De Leon (real name Leon) introduced this insane End of Hydrocarbons bill. He also has tried to ban guns and ammunition. He’s a diehard commie, and proves the Peoples Republic has been taken over by Latinos. Latino people have never once ever had a free society even once in the history of the world. Neither have blacks or Asians. They are all incapable of freedom, and can only exist in a socialist, communist, or dictatorial society. Southern California is now Northern Mexico, and this will only get worse. The state is now less than half white. White people are the only race that has even enjoyed freedom. Even Japan is a totally socialist system.
Moonbeam Brown also signed a bill to reduce methane emission 40% from cows. That is not a joke folks. It would be nice if that was a joke. You can't stop cows from pooping. This should how insane the state has become. This of course will destroy the cattle and dairy industries. California used to be the fifth largest economy in the entire world. Can you believe that? One state was the fifth largest world producer. Now businesses are fleeing the state as fast as they can due to insane taxes and overregulation. California will soon collapse totally into total anarchy.
IN 1975 WE FEARED AN ICE AGE!!!
Do you remember the media and NWO over 40 years ago told us we were facing an Ice Age, and we would all freeze to death? Then in the 80s all this changed. Suddenly, the Ice Age went away, and we were facing Global Warming. The icebergs would melt, and we would all be under water and drown. Al Gore said, in his asinine book An Inconvenient Truth, that coastal Florida, San Francisco, the Netherlands, Beijing, Shanghai, Calcutta, and New York City would all soon be underwater as the icebergs melted. The media has conveniently put all this in Orwell’s Memory Hole, and has completely forgotten he said such inane things.
HOLD ON TO YOUR FIREARMS
The real point of the Second Amendment is to protect yourself from the government. Never forget that. Owning a firearm is not primarily about protecting your home, hunting, target shooting, or anything else. It is about defense from an evil government.
As guns are outlawed, just consider your guns "undocumented". Maybe we can have sanctuary cities where you can own guns with no penalty.
Fortunately, the Congressional bills to legalize suppressors (they are not "silencers"), and make a concealed carry permit valid in all 50 states are moving forward. Yes, you can technically buy a suppressor, but it is so difficult and expensive it is barely worth it. Also a dozen states now allow concealed carry without a permit.
OBAMA DESSTROYED THE ENTIRE COAL INDUSTRY
Coal stocks collapsed 98% after Obama was elected. Hillary promised to shut down every coal mine in America. Where would we get out electricity? From solar cells? From windmills? From biofuels? Good luck on that. You can make gasoline, jet fuel, and diesel from coal for $2 a gallon with the SASOL process. We have 1,000 years of known coal reserves. Let's say that again...1,000 years of KNOWN coal reserves for 7 billion people are current usage rates.
THE REAL UNEMPLOYMENT RATE IS OVER 40%
102 MILLION WORKING AGE AMERICANS ARE JOBLESS. We keep telling you that the real unemployment rate is 24%, but actually much worse due to a lot of factors. Many people have given up on getting a job and aren't counted.
Many people get Social Insecurity Disability checks they don't deserve. Many people have taken jobs far below their abilities and education. The percentage of able bodied people who actually have a job has never been lower in this country. During the Great Depression the unemployment rate was "only" 25%. Taking these factors into consideration the real unemployment rate is north of 40%. This is much worse than the Great Depression obviously.
102 MILLION WORKING AGE AMERICANS DO NOT HAVE A JOB
IN 1988 ECONOMIST MAGAZINE WARNED OF A WORLD CURRENCY
29 years ago The Economist warned there would be a world currency by 2018. Yes, next year. Here is a photo of the cover of that issue. We've published it before, and here it is again. The cashless society is coming. the One World Currency, and the One World Order. More and more you will see a cashless economy. Nothing but digital wealth, so the government has total control over your life If you don't act right, your entire life savings will disappear with a keystroke. Countries like Sweden and India are already largely cashless, and the list is growing. It is a worldwide suicide wish. The NWO crowd is laughing at the sheeple as they line up to be slaughtered.
TRUMP IS A SWAMP MONSTER
2% OF AMERICAN CITIES HAVE OVER 50% OF THE MURDERS
It's incomprehensible that 98% of the cities in the U.S. have half the murder, but the other 2% have the other half of them. A mere 29 cities account for over half the murders. The crime cities at E. St. Louis, Chester (PA), St. Louis, Baltimore, Petersburg, Flint, Detroit, New Orleans, Camden, Wilmington (DE), Birmingham, Newark, Monroe (LA), Portsmouth, Cleveland, Jackson (MS), Riviera Beach (FL), Gary, E. Chicago (IN), Richmond, Baton Rouge, Salinas (CA) Milwaukee, Banning (CA), Goldsboro (NC), Youngstown, Bessemer (AL), Hartford, and Washington, DC of course. We'll leave it to your imagination as to the racial makeup of these 29 cities.
50th ANNIVERSARY OF ISRAEL ATTACKING THE U.S.S. LIBERTY
34 of our Navy men were killed and 174 wounded by Israel. There was no mistake about this. It was 100% purposeful. Nothing was done. President Johnson actually said, "I want that goddamned ship on the ocean floor.". Where was the outcry? This proves Israel was never out "friend" or "allie" in any sense of the words, and never will be. This proves Israel has completely run and controlled this country for over a half century.
EVERYONE LIVING OVER THEIR HEADS NOW
This 47 year chart from the Fed shows the ratio of assets to disposable income. High figures are bad. Low numbers are good. When the numbers are high it shows people are living way over their heads. They own too much of "everything" for the money they bring home. Well, you can see 2017 is the highest this ratio has ever been. You can see the dotcom bubble and the housing bubble. Now we are going to see the Everything bubble burst. Notice back in the 1970's people were not living over their heads. Most of them were living within their means.
ELECTRIC CARS RUN ON COAL, NATURAL GAS, AND URANIUM
Tesla only produces a tiny handful of overpriced golf carts every year. Yet their market cap is now larger than Ford, GM, BMW, or Volkswagen. Folks, they lose billions of dollars every year. Not only that, but YOUR tax money helps pay for every car they sell.
That’s right, there is a federal tax subsidy from YOUR pocket for every one of those golf carts they sell. You are giving your hard earned money to Elon Musk to sell his over-priced golf carts. Without subsidies his sales would approach zero. Elon has already collected $5 billion dollars in YOUR tax money to subsidize Tesla, Solar City, and Space-X. None of these could exist on their own. There is no P/E ratio (price to earnings) because they have lost money every years since they opened up. No one talks about the very limited range you can drive on that massive battery. No one talks about the $5,000 battery replacement every five years. No one talks about the ecological nightmare those old batteries present. No one talks about how long it takes to charge with 220 volts- especially when you are away from home. The real point here is that no one talks about the fact all electric cars really run on coal, natural gas, and uranium. Electricity doesn’t come from the moon, and very little of it is hydroelectric.
The stock markets are vastly overpriced bubbles ready to burst. The very worst are the ones with no P/E ratio. Tesla, Amazon, Facebook, Alphabet, and Google are irrational manias. The sheeple will be sheared when they collapse.
JIM CRAMER PROVES BITCOIN IS A SCAM
Jim Cramer on CNBC says Bitcoin is going to $1 million!!! Bill Gates says, "Bitcoin is unstoppable." If these two evil bastards promote something, you know it's worthless. Even Mike Adams, the Health Danger, agrees that Bitcoin is a scam. However, Jeff Berwick thinks Bitcoin is the future. Bitcoin is now about $2,600, but it dropped $500 in ONE DAY!!! This is a Tulip Mania phenomenon. Bitcoin and other "cybercurrencies" are mere computer entrees. They have no value. Your entire life savings can disappear forever with the click of a button. Don't join the Tulip Mania folks. You cannot make a profit without working. This time it is not different. The base of all Ponzi schemes is something for nothing. This is not a Magic Source of Wealth Creation. In Japan, and most of Asia, Bitcoin is a national mania. People are putting their life savings and retirement funds into it. It is really no different that the fiat currencies is proposes to replace. Don't buy Bitcoin folks.
JIM ROGERS CALLING FOR A STOCK COLLAPSE THIS YEAR
Did you know the Dow crashed 45% in 1973?
Did you know the Dow crashed 38% in 2000?
Did you know the Dow crashed a full 54% in 2007?
STOCK MARKET CRASH IMMINENT
Jim Rogers, and a long, growing list of very powerful investment experts, is calling for a massive stock collapse before the year ends. Jim is not one of us, and appears regularly on CNBC and other disinformation shows. Nevertheless, he is a most savvy investor, and knows what he is doing. David Stockman is another one clearly calling for a crash that has never been seen on this earth. Get your money out of the stock market, out of bonds, and out of real estate. Sell your IRA/401k, and buy silver bullion you hold yourself.
See you in July. Don't be complacent. Nothing good is ahead of us. Prep, and keep prepping. Pay attention to everything happening. Great events cast their shadows before them. You can see tomorrow if you just pay attention.
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