Welcome to Roger's Latest Monthly Economic Rant
| - 2007
Late July 2017 Economic Rant - Roger Mason
BAN BULLETS AND MAGAZINES FIRST- THEN GUNS
As goes California, so goes the nation. Years ago the Peoples Republic of California banned semi-automatic rifles and magazines that could hold more than 10 bullets. They were allowed to keep the magazines they had. Well, the communist, mixed race, low I.Q. population voted to approve Proposition 63. One provision of this was that anyone in possession of a hi-capacity magazine would have to throw it in the trash, or go to jail for 10 years. No compensation for lawfully acquired property. A judge stopped this- but only because of the non-compensation part of the law. He is just another gun hater. First the liberals are going to ban magazines and bullets, and finally guns. Step by step by step. Ironically enough, the Czech Republic is going to add gun rights to their constitution. Remember they are the ones who legalized the personal possession of ALL drugs. It’s hard to imagine freedom blossoming anywhere in Europe, especially Eastern Europe.
Liberal (noun): A person whose rigid ideology dictates what other people are allowed to think.
Remember that liberalism is a mental illness. There is no use in trying to "understand" liberals, anymore than you can understand other psychoses. Liberalism, by nature, is irrational. Liberals hate reality, facts, truth, and accurate information. This is why their lives don't work. What about rich liberals? They are merely liberals with money. Their lives don't work, they merely have money. Do you really think people like Gates, Buffett, Soros, and the crowd are happy campers? They aren't. People with mental illness are always miserable by nature. They love to share their misery, so everyone is miserable, and not just them. They actually hate happy people.
WHO WILL WIN WORLD WAR III? 3.85 million vs a mere 1.35 million
China has 2,350,000 military troops.
Russia has 830,000 military troops.
Iran has 525,000 military troops.
Syria has 130,000 military troops.
Countries like North Korea, Afghanistan, Yemen, Quatar, and Iraq may well help them. The U.S. has a mere 1,350,000 military troops. Germany, France, and the U.K. certainly aren’t going to help us. NO ONE IS GOING TO HELP US!!!
3.85 million vs a mere 1.35 million. We are outnumbered almost 3 to 1 here. We will be turned into nuclear ash in hours. No one on earth wants war except America and Israel. Russia doesn’t want war. China doesn’t want war. Iran doesn’t want war. Syria doesn’t want war. Only America and Israel want war.
SOON EVERYONE WILL BE RFID CHIPPED AND BIOMETRIC SCANNED
There are now 4.2 million CCTV cameras in Britain, and the average Briton is caught on camera an astonishing 300 times every day. This extremely expensive police state insanity prevails despite official Home Office statistics showing that CCTV cameras have, "little effect on crime levels". Well, now people in Britain are getting chipped with RFID chips routinely for various reasons. This is just the beginning. In the near future you can bet everything you own that EVERYONE will be chipped. Then it will come to America. Anyone without an RFID chip will not be able to buy, sell, drive, work, or do anything else. Facial recognition biometrics is now at U.S. airports. When you leave the country you must have your picture taken and put in permanent police and government files. This will soon be standard at all airports. You will not be able to leave the country without having your facial biometrics on file with the government. You cannot beat this. Facial recognition technology is so advanced and so sophisticated it is frightening.
117 year Dow Jones CHART SHOWS BIGGEST BUBBLE IN HISTORY BY FAR
Look at the 1929 Great Crash (1-Jan-30)- it’s a barely visible blip on the graph! That Magic 1970 area is obvious again. America was basically doing well until about 1970. Things were still reasonable. Then the socialist welfare police state took off with a vengeance. The last 47 years have been the worst this country has ever experienced. Look for a 5,000 Dow in the near future. Maybe worse.
STOCK BUBBLE COULD KEEP RISING FOR NOW
Dow Theory works and has worked. Now Dow Theory is saying we have a true bull market in stocks. The DJI, DJT, and DJU are all clearly rising together in synch. However, this is a fools market, and totally overbought and overvalued. The bigger this bubble gets, the worse the crash will be. Dump your IRA/401k, take the penalty, and buy silver bullion you hold personally. Sell any stocks and bonds you have. Sell any real estate you don't need. Dump your house if it is underwater.
$1,900 TRILLION IN DEBT, BUT ONLY $3 TRILLION IN GOLD AND SILVER
We have 633 times more world debt than we do total gold and silver. SIX HUNDRED AND THIRTY THREE TIMES MORE DEBT!!! That means gold and silver are less than 1/6th of 1% of the total world debt. Silver is a small fraction of total gold worth. This will be the greatest wealth transfer in the history of the world. J.P. Morgan Bank has over 500 million ounces (17,000 tons) of silver bullion in their vaults. Remember the entire world GNP is a mere $55 trillion. That’s all- $55 trillion.
$1,600 trillion in derivatives.
$125 trillion in miscellaneous assets.
$100 trillion in securities and stocks.
$65 trillion in various government paper.
$4 trillion in currencies.
Only $3 trillion in gold and silver exists. This $3 is NOT available at all. Very very little gold and silver can actually be purchased. Governments and banks hold most all of it. The sheeple hold almost none of it. Get ahold of any money you can and buy silver bullion at $16 and hold it in your hot little hands. No paper silver, no storage programs, and no unsafe deposit boxes.
The COT report for the 7th was wonderful again. The commercials dropped 44,000 gold shorts, and are now only 107,000 net short. They dropped 11,000 silver shorts, and are now down to 39,000 net short. The COT report for the 14th was wonderful again. The commercials dropped 33,000 gold shorts, and are now only a mere 74,000 net short. They dropped 15,000 silver shorts, and are now down to 25,000 net short. Powerfully positive COT reports almost back to back since April 25 have never happened in the last 30 years. Overall, eleven (11) positive reports in a row almost back to back. Yes, the net commercial silver shorts were down to 10,000 years ago. In December, 7 months ago, silver seemed to make a bottom of $15.76. This was written in stone supposedly, but it was just badly broken. This could have been a “capitulation” bottom though.
PAUL CRAIG ROBERTS FINALLY TELLS THE TRUTH
“In a time of universal deceit, telling the truth is a revolutionary act.” Orwell 1984
Roberts was an important man in the Reagan administration. He very much wants respectability and acceptance. He puts out a fine, free newsletter, but has refused to talk honestly and factually about Israel and Jewish power and influence. Now he will be demonized by the media, and never appear again on TV. He will be a pariah and an outcast. That’s the cost of telling the truth today. This is what he said this month:
The neoconservatives, who control both US foreign policy and the Western media’s explanation of it, are mainly Jews of Zionist per-suasion. Some are dual Israeli-US citizens. The neoconservatives believe that the collapse of Soviet communism means that History has chosen the United States as the socio-politico-economic system, and that the US government has the responsibility to assert the hegemony of America over the earth. Just read the neocon documents. They assert this over and over. This is what it means that America is the exceptional and indispensable nation. If you are the indispensable nation, every other nation is dispensable. If you are exceptional, everyone else is unexceptional. The claim that the neoconservatives make for the US is similar to the claim that Hitler made for Germany.
As Israel controls US Middle East policy, Israel uses its control to have Washington eliminate obstacles to Israel’s expansion. So far Israel has achieved the overthrow of Saddam Hussein’s government and chaos in Iraq, Washington’s war on Syria, and Washington’s demonization of Iran in the hope that sufficient demonization will justify war.
Roberts goes on to explain the Greater Expansion of Israel empire plan. Lebanon, Syria, and Iran stand in the way of Greater Israel. Go to his website and get his free newsletter. Now he is worth reading.
Two countries and a part of a third stand in the way of Greater Israel. Israel wants the water resources of southern Lebanon, but cannot get them, despite twice sending in the Israeli Army, because of the Lebanese Hezbollah militia, which is supplied by Syria and Iran. This is why Syria and Iran are on Washington’s hit list. Washington serves the military/security complex, Wall Street and the over-sized US banks, and Israel.
U.S. DOLLAR IS HOPELESS (6 MONTH CHART)
Thanks to ino.com for this fine chart. This is a very good site to go to. The dollar is technically still the reserve currency of the world, but not for long. Countries all over the world are dumping dollars because they are worthless. They are not backed by gold and we do not have "8,300 tons of gold" in Ft. Knox. The Fed is printing trillions in colored toilet paper every year. Actually all currencies on earth are in a race to the bottom. There isn’t one country on earth today whose currency is backed by anything.
DO BLACK LIVES MATTER TO BLACKS?
91% of murdered blacks are killed by other blacks. By the way, whites do NOT kill the other 9% at all.
THE FAMILY IS THE VERY BASIS OF SOCIETY
Things are worse now in 2017.
Half of black children have no father.
One fourth of Latino children have no father.
One fifth of white children have no father.
These things simply didn’t happen 50 years ago. (In 1960 the Latino population was less than 4%.)
ELECTRIC CARS ARE REALLY COAL CARS
France has vowed to end all gasoline and diesel sales by 2040. Volvo will only make electric cars from now on. Other car manufacturers are vowing to do the same. Folks, if just 10% of American bought one of these expensive golf carts, the power grid would shut down today. It takes 8 hours of 220V electricity to charge these abominations. We have 100 million vehicles on the road, and a mere 10 million of them would shut down the entire power grid nationwide.
Where do we get most of our electricity? FROM COAL, that’s where. Nuclear produces a lot. Hydropower very little. Natural gas is growing, but it’s still a hydrocarbon. Solar, wind, and biofuels almost none at all. There is no such thing as “fossil fuels”. That’s preposterous. They are hydrocarbon fuels. The massive oceans of oil and gas in the earth were made when this planet was formed, not from rotting dinosaurs for God’s sake!!! We have enough known coal reserves for 1,000 years. We can easily and cheaply make any fuel at all from coal with the SASOL process. However, the government has banned SASOL plants in America. We could have $2 a gallon gasoline and diesel for the next 1,000 years from coal.
Did anyone bother to tell you that these car batteries only last about five years? What does it cost to replace one? Well, in a Prius it’s about $6,000 with installation. With a Tesla it’s about $12,000 with installation. Disposing of them is an ecological nightmare.
For the hundredth time, there is no wattage in sunlight, windmills are a dismal failure, and biofuels take more energy to make than they return. We must use coal, oil, and gas, or we'll all starve to death and freeze to death. Solar, windmills, and biofuels are useless.47 YEAR CHART OF SILVER PROVES HOW CHEAP IT IS
This chart is accurate because it is inflation adjusted. Back in 1980 we had a huge silver spike to $50, and there was PLENTY OF SILVER AROUND. Back then silver was plentiful and widely available worldwide. Look for silver to go to $500 an ounce. Then look for a loaf of bread to go to $20 a loaf. Sell your stocks and bonds, sell your IRA or 401k, sell your house if you don’t plan to die in it, do whatever you have to do to get money to buy silver bullion at $16.
SILVER DEFICITS YEAR AFTER YEAR
Look at this 26 year chart. 2017 would also be a serious deficit. Since 2000 we have had deficit after deficit, and this simply cannot keep going on.
DON’T BUY BITCOIN!
Don’t buy any cybercurrencies. They don’t exist. They are mere computer entries. Gold and silver are the only real money. This may well be a government scam to get people away from silver and gold. It clearly is part of the cashless society. Obviously Bitcoin is totally cashless. Jeff Berwick and Doug Casey are telling the world to buy Bitcoin, while sincere people, like Chris Duane, and telling them not to. Millions of Asians are loading up on Bitcoin because they’re stupid. Some are even investing their life savings. Screw them.
AMERICANS NOW PREFER COMMUNISM
Never forget that the majority of American voters chose communist Hillary in 2016. About 51% voted for the evil bitch. The real problem was the Peoples Republic of California. About 9 million voted for her, but only about 5 million for Trump. This is 4 million extra votes for Hillary. THIS DECIDED THE ELECTION. Why? Because California is no longer a white state. Minorities always vote communist, socialist and prefer dictatorships. They aren’t capable of freedom and responsibility. Washington, DC is 91% Democrat. You didn’t know that, did you? Minority women overwhelming vote communist and socialist. Guess what though? 53% of white women voted for Trump and couldn’t stand Hillary. 94% of black women voted for her and 68% of Latino women. (Same for Asian women.) Remember there are only about 219 million Americans eligible to vote, and only about 130 million actually voted. A swing of 4 million California voted decided the election. If America was still a white country we wouldn’t vote for communism.
BIG BANKERS SHORTS AT NEW LOWS (PURPLE)
Thanks to cotpricecharts.com for this hard to get COT chart. Since April 25 we have overall had 11 positive COT reports for gold and silver.
U.S./ISRAEL/U.K./SAUDI ARABIA/TURKEY CREATED ISIS
Here is a photo of McCain the Insane with his personal friend Abu Bakr al-Bagdhadi. His real name is Simon Elliott, and he is a Jewish Mossad agent. THIS IS THE HEAD OF ISIS!!! That's right, an Israeli Mossad agent is the chief caliphate of ISIS. The U.S., Israel, Turkey, U.K., and Saudi Arabia created ISIS. We created them, fund them, and support them. Injured ISIS soldiers are treated at Israeli hospitals. ISIS would not exist with-out these five countries. We aren't "fighting ISIS" for God's sake!
PROOF METALS ARE MANIPULATED
Look at the July 7 silver chart from Kitco. Just before 8:00 AM silver was hit for $1.30. The good news here is that this is probably a "capitulation" bottom. Here, the Big Banks take the price down strongly very briefly and dump their short positions at huge profits.
If this is true, it is good for us. That means the commercials are almost done manipulating silver. Now, they are going to join us on the long side. The Big Question is, who will be stupid enough to take the short side?
THE TOP 1% IN THE WORLD OWN HALF OF ALL THE WEALTH
The top 7 out of every 1,000 people in the world own 45% of the wealth. The other 993 own the other 55%. Yes, your author is one of those seven. However, we made our money honestly and ethically. We live simply. We have a charitable trust, and give away our OWN money, not donations. We will leave everything to the public good, and not to our family and relatives. What about philanthropists like Gates and Buffett? They use their trusts for evil, communism, and promotion of the One World Order.
Matt Damon, Steven Colbert, Miley Cyrus, Georg Clooney, Leonardo DiCaprio, Michael Moore, Whoopi Goldberg, Amy Schumer, Jimmy Fallon, Barbara Streisand, Jon Stewart, Ashley Judd and their friends are all now political experts the sheeple listen to. Now tell yourself this isn’t End Times and reality is upside down and backwards.
See you in August. Too many intelligent newsletters feel some kind of economic disaster is going to hit this Fall. Be ready, be prepared for anything that may, or may not, happen. Prepping is not paranoia- it is just good sense. Keep your money out of the banks. Have food stored. Just be prepared.
www.youngagain.org Young Again is a trademark of Young Again Products, Inc., Wilmington, N. C. Copyright (c) 2005, 2006 Young Again Products, Inc., Wilmington, N.C. All Rights Reserved