Sunday, September 21, 2014

MARTIN ARMSTRONG'S LATEST BLOG POSTS

Was the Scottish Vote Really Scottish?

confused
Being Scottish was actually not the criteria to be able to vote. The entire criteria was residency. As a result, almost 400,000 people living north of the border in Scotland were actually not Scottish but born in other parts of the UK (reported the BBC back in 2012). The number of Scots living in England, Northern Ireland and Wales had no vote amounting to 800,000 not counting the Scottish in Canada and the United States.
Even if we set aside the question of rigging the vote, it seems that the criteria by itself may have doomed the entire vote. Can you imagine if the right to vote that the United States should merge with Mexico was based upon simply residency?
The turnout for any Scottish vote was no doubt setting all records in this referendum . In total, 4.29 million people registered to vote in Scotland based simply upon residency not requiring any Scottish birth record. It appears that more than 90% of voters turned out. In a similar vote in Canada in 1995 on whether Quebec should secede, 94% of registered voters cast their ballot.
The violence breaking out in Scotland may actually arise from the more than 400,000 non-Scottish residents who see this whole referendum as treason. In Scotland, everyone the age of 16 or over were eligible to vote. Alongside Scots, British citizens and those from the European Union and Commonwealth countries who live permanently in Scotland all had a right to vote – just residency.
Camerob-9-19-2014
Based solely on this information, we have to ask if the Scots ever stood a chance to actually decide their own fate “for a generation” as Cameron declared. Strange, in East Ukraine it was Russian “tourists” but we may have the very same problem if elections are decided upon residency.
I have argued against the income tax because it only applies to citizens rather than everyone. If the “illegal” aliens paid a national consumption tax and we abandoned the income tax, then everyone pays for their fair share. But does this idea run afoul in a national election of this magnitude deciding national identity? Mexico could just send everyone across the border and transfer power from Washington to Mexico City.
Friedman-sand

A very interesting problem on who has the right to vote in such elections. My condolences to the native Scots. Another example of how those in government just never can do anything right. This brings to mind Milton Friedman’s assessment of government – you can see why I regarded him as a friend.

Why the 2014 Precious Metals Outlook Report is Important

GC2011-D 9-6-2011 high
COMMENT: Marty,
I just ordered the Gold report. Wanted you to know I am not a gold bug….just interested in a market that is BOTTOMING…with good upside as opposed to the current US markets.
Like many, just not interested in these valuations as the “perceived” risk is greater than a market that potentially has significant upside when it turns.
REPLY: This report is for real investors. It is the “real thing” not the propaganda that turns so many people OFF. Gold is a viable and NECESSARY component of your portfolio. I give $20 gold pieces to the children in the family for birthdays etc. Not as an“investment” but as a “hedge” – the just in case you gonna need it hedge I call plan B.
This report covers the downside that the Goldbugs deny exists amazingly since September 6th, 2011 when it made an absolutely perfect channel move as I have defined the term,. Where the low should form and at what level from an unbiased and objective perspective and then the projections for the rally thereafter.
I do not care if there is gold in Fort Knox or not since (1) you will never prove it, and (2) that will never convince non-Goldbugs to buy anything. That is like talking about the little grey men that took you for a ride around the solar system. I do not want to hear about “fiat” for that is nonsense and it did not prevent a 19 year bear market. A government declaring gold is now $5,000 is still fiat for you cannot dictate the value of money. And as for the crowd that says gold is money – sorry, money is what the majority of people accept and it can be sea shells. Then we have the crowd that are really communists in drag who preach money should be a store of value. Fine, if money cannot decline in purchasing power then assets cannot rise nor can taxes, and wages. It is impossible to have it both ways. These sorts of claims are laughed at by the MAJORITY of people and they will NEVER move them to buy gold and gold ain’t going up until they are on board! Sorry – that is a fact of life. Gold is down from $1945 despite all the yelling and screaming.

Babtlon-Futures-Contracr
Gold is a hedge against GOVERNMENT. That is why people in China and Eastern Europe even bought gold. They do not trust government. In the West, the Scottish elections proved the thinking process – they trust government and have their hand out. Until that changes, sorry they will not buy gold as long as the still believe in politicians. Claiming the Chinese are buying gold for the reasons touted by gold promoters is simply dishonest. Claiming gold is suppressed because of “paper gold” is absurd for futures have existed since Babylonian times when the business cycle also existed giving rise to the necessity of a futures contract. It is that same leverage that makes it rally from a low as shorts have to buy back. It is all connected.
Just-the-Facts1
The “real” big money follows our stuff BECAUSE it is NOT OPINION. They always ask“Marty. What’s the computer say now?” In a discussion, they might ask my “opinion”do you think the computer will do this or that or some political event because I have extensive global connections just about everywhere from Scotland and Ukraine, to Cyprus, Middle East, Russia, Asia, Quebec, Mexico, Australia, Japan, China. Singapore, everywhere. That is because of the COMPUTER and everyone around the globe respects its non-political forecasts detached from opinion. That is why they were after the source code.
It ain’t me babe – as the song use to go. So this report will have a greater influence outside the Goldbug camp because “real” investors want just the facts and the opportunities without the wild claims of $10,000 in 3 months. I am not selling gold coins and bars so I do not have to only say buy for fear my sales will decline.

Gold Stock Report v 2014 International Precious Metals Outlook

HomeStake 1899-1985
QUESTION   Hi there
I am interested in the 2014 International Precious Metals Outlook, I would like to ask if the gold stocks will be covered in this report, or will there be a separate, report for the gold stocks?
Warm regards
N
PM-Cover2014
ANSWER: Now that I have made the decision to go forward rather than just put my 2-cents in the pot, I have brought in staff with the goal of assembling reports rapidly. The 2014 International Precious Metals Outlook is only gold, silver, platinum, palladium, and copper in various currencies. We are now assembling a Gold Stock report and creating an index of gold stocks back to 1890′s so you can really see how they have performed relative to the trends and the metals themselves.

Salmond Accuses Cameron of Fraud in Scottish Election

Scottish Government handout photo shows Scotland's First Minister Salmond speaking during a news conference in Edinburgh
Reuters has reported that Alex Salmond has come out and accused the Prime Minister David Cameron of outright fraud. “I think the vow was something cooked up in desperation for the last few days of the campaign and I think everyone in Scotland now realizes that.” Salmond is referring to a pledge by Cameron and other leaders before the vote to rapidly expand Scottish autonomy in the event of a “No”. ”It is the people who were persuaded to vote no who were misled, who were gulled, who were tricked effectively,” he said on the BBC TV. Politics as usual – say whatever it takes to win, then stuff ‘em as they say in London.

French Farmers Set Tax Office On Fire – Demise of Europe

FrechProtext9-21-2014
French vegetable farmer have set a tax office and a building on fire destroying the government facility which was the symbol of the increasing administrative burden and sanctions that is killing farming. Hundreds of tractors and trailers of the farmers converged on Friday evening before the building of the Agricultural Social Insurance (MSA) in the town of Morlaix (Brittany). There they dumped unsold potatoes and artichokes before the MSA-building and added pallets and tires setting the entire lot on fire. Thereafter, the farmers moved on to the tax office set that on fire as well. The protests also took place in numerous other places as well, however, only these two government buildings were totally destroyed.
The association of vegetable farmers had announced the protest action on Friday. The background is that for years the bureaucracy for farmers have magnified the economic decline and their plight with constant new regulation of everything. The economic situation of farming in Europe has been seriously pushed too far with the US sanctions against Russia. The agricultural crisis caused by Obama is increasingly deteriorating with far too many farmers throughout Europe losing everything.
The economic numbers in France are simply devastating. We only see more regulation and raising taxes to support bloated government especially in France. It is quite possible that any reform is simply too late for the French government is bankrupt, which was admitted by the finance minister Michel Sapin himself.
Hollande Addresses Nation on EU Failure 5-26-2014The French government has not the faintest idea how fix the economy because Hollande will not admit socialism does not work. He cannot even think that government is the problem no less his ideology he spent his entire life developing. With France in a death spiral, all that is left is Germany but the Russian sanctions killed exports of German cars to Russia and food, while more than 50% of its municipal governments are bankrupt and yet another bailout of Ukraine is necessary not to mention Greece.
Merkel-1The German tax payers cannot shoulder the entire continent. It is ironic, but everyone has their hand out to Germany and it is appearing Merkel has voluntarily surrendered sovereignty to Brussels and agreed to effective reparation payments for both World War I and World War II just under the label bail out.
We are watching the decline and fall of Europe thanks to a completely failed policy and idea of creating a single currency without a single government – just insane. Saint Jerome said when Rome fell the Romans were still laughing. It does not appear anyone will be laughing without a new world cup to occupy the fools.

Roosevelt & World War II

FDR-4Freedoms-1-6-1941

Franklin D. Roosevelt tried to move the United States to war with his famous Four Freedom’s speech to Congress in the State of the Union on January 6th, 1941. FDR insisted that people in all nations of the world shared Americans’ entitlement to four freedoms: the freedom of speech and freedom of expression, the freedom to worship God in his own way, freedom from want and freedom from fear. It would be nice is anyone in Congress would use those words against the NSA.
This was the speech that justified arming Britain on lending it the arms needed to defend itself. The view was that Britain would fall certainly without such aid and there was a risk it would fall even with that aid since there were to be no troops.
1940-Election
The view of the American people was clear. Most had fled Europe to get away from such war machinations. The attitude was let Europe fight it out as they always had and America should remain neutral. It was not easy to ask the Irish immigrants that fled to America to go back and defend Britain who they personally viewed as their enemy. FDR spoke during the Presidential campaign of 1940 and promised no boots on European soil to the Irish in Boston. That won him the election against Willkie despite the  3 term bid. It makes one wonder about no  boots pledges.
Nov-6-1940 Scranon Times

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