Socrates on Gold
Socrates is warning that we now must exceed the high of last week to keep the upward momentum in gold near-term. Still, there is no indication of a long-term change in trend.
The Election of 2016
vs.
Establishment
Tons of e-mails have been pouring in asking (1) how our computer forecasts so many things, and (2) how it is often right decades in advance. The two front runners are the two non-politicians. The establishment’s choice, Mr. Bush, is holding on to 5%. The press keeps attacking Trump in an attempt to help the other politicians out to keep everything the way it has always been. However, the trend is in motion. Our computer forecasts this non-politician era for 2016 and it is connected to the age of deflation and the sovereign debt crisis, as well as confirming that 2015.75 will be the peak in government.
This is why I have been warning that 2015.75 will NOT be some doom & gloom event — it is the kick-off of a new game-changing trend. I laugh at the conspiracy theories because this is a wild ride and no one is in control. A line is starting to form of people requesting meetings around the world. It is happening as the computer has forecast. What you have to comprehend is that this is BY NO MEANS an opinion. I too am along for the ride, fascinated by how this all functions, and watching it unfold before my eyes. I am not here to pound my chest and say, “See if you listened to me you would have made 500,000%.”
Yes, people are stealing our forecasts, track-record, war cycles, you name it. They all pretend that they have been forecasting this for decades. They are the most dishonest people you will ever meet; it is all about hype, and how there will be this huge crisis — “the worst in history” — so you better hurry up and send them your money.
Everyone knows I do not need the money. I do what I do to try to point the way for we face a real game-changing crossroad ahead that will dictate the future we leave behind for our children and their children.
Thanks for all the e-mails alerting us to these frauds, and for the lawyers who wrote in asking to bring legal action against these people and groups (there are several around the world now). Obviously, they just copy and paste what I say. They change the words around to make it appear that these are their discoveries in an attempt to get you to send them money.
The newsletters these groups previously touted lost people so much money that they should be in prison for fraud. They were going broke with those pitches and decided to just rip us off and in the process discredit our analysis by associating it with their bullshit. You cannot forecast these events without a database and they would never be able to prove their claims in court for they have no such database beyond what you can get on the internet from data providers.
We have spent countless millions in creating our database. It would be impossible to reach these forecasts without recreating the monetary system of the world back to inception. This chart alone would cost more than $100 million today to create. How would you even know society goes through such periods without such a database? I doubt these people claiming to be world forecasters have even $100,000 to spend on research. They flood the world with flyers, masking consumer fraud with false scare tactic headlines based on made up “facts” that could never be proven in court. They wiped out so many people that they now need a new pitch to continue their scam. There is not a stitch of original work in what they claim, which is no surprise.
So, this turn to a third party style anti-politician trend is unfolding and they will steal that forecast as well, claiming it is their own. They will also steal our forecast that the turnout will rise. They have stolen our War Cycle and anything else that appears on this blog. That just reveals the character of the people who have no integrity. They would screw the entire world just to line their pockets. They risk our future by turning important forecasts into a fraud, which only discredits the entire hope of finding a solution. Anyone looking closely will see that there is no substance, and one cannot paint ALL forecasting with the same color and brush.
Nevertheless, our computer (NOT ME PERSONALLY) has been unbeatable. We can see this rise in anti-government/politician sentiment exploding, which is driven by economics. Only our model can reveal the connections behind the headlines and by doing so we can see potential solutions. This is what these clowns risk by claiming it is the brilliance of their personal forecasts that no human would have been capable of accomplishing.
Trump and Carson are so far ahead of everyone else, at the very least, it would be an interesting development if they were a team. Perhaps if elected, they might slow down the process of wealth confiscation, taxes, and debt. Trump would be the most qualified to handle a Sovereign Debt Crisis, given he knows how to negotiate defaults.
Confiscating Gold
QUESTION:
Hi Martin,
Has the banning of items used by people always led to those items becoming more expensive? First thought is the prohibition of alcohol but wouldn’t Gold also become more “expensive” or “valuable” if Governments were to ban the use or possession of it? What are your thoughts on that?
With warm greetings from the Sunshine coast.
T.
ANSWER: If you ban something, it not necessarily the price that rises, it is the demand. Drugs should be legalized to eliminate all the violence, exactly like what took place during prohibition. If government bans gold as they did in 1934, they will confiscate it this time around if someone traveled with it or used it in some transaction on the black market. They would probably not go house to house, but that is just my opinion. What value gold would have is hard to say. Without a quoted market, price becomes opinion, similar to diamonds.
If Donald Trump or Carson is elected, I do not think we will need to worry about that. Elect a career politician and we will most definitely have to watch our back.
The Dollar Rally – From the Japanese Perspective
The Japanese yen has peaked against the dollar. The dollar in fact elected a YEARLY Bullish Reversal at the end of 2014. This is yet another confirmation that we are facing a strong dollar ahead, ushering in this age of DEFLATION, which should start to hit in the USA after October. This is impacting everything, not the least of which has been commodities and interest rates as hoarding cash rises. The commodity bulls keep touting China from every angle since their consumption reached almost 50% in 2011 of total world output. China’s economy entered a recession with 2007, and despite the recent reaction stock rally, we are also witnessing investment outflows from China. Massive borrowing in Hong Kong and taking cash back to China has masked the trade flows hiding the real trend because people just look at money and not actual trade. As the dollar rises, this helps to extend the deflationary trend in commodities, and places pressure on their dollar foreign loans.
No degree of austerity by the ECB will reverse the economic decline in Europe. Socialism has reduced Europe from a major economic power to a shadow of its former self. The bulk of the money supply today is DEBT, not actual currency. Artificial manipulation to inspire austerity fuels deflation and will never achieve a reduction in inflation that Germany is so terrified of these days. The idea of creating money is only the old school concept of monetary inflation, whereas today the bulk of money creation is actually debt. This is not something that can be PAID off; the only outcome is default.
The global deflationary trend is thus alive and well, as we can see reflected in even the Japanese yen. Those who keep touting the hyperinflation scenarios and the collapse of the dollar only looking at the United States are blind to the global trend. The dollar has elected a YEARLY BULLISH REVERSAL against the Japanese yen, confirming the dollar rally, the continued deflation, and additional signals this year that will confirm this trend into 2016.
Does China’s Devaluation Reduce the Odds of the Fed Raising Rates?
Does China’s devaluation reduce the odds of the Fed raising rates? Some people assume that is the case. However, the Fed is in a box and unless they raise rates, the next crisis in pensions will wipe out far more than most people anticipate. True, everyone from the IMF to most other countries are begging the Fed not to raise rates for there are some $9 trillion dollar shorts out there. It is also true that cash is rushing into the short-term government paper (flight to quality) and raising rates will escalate the federal budget which also comes due right on the ECM turning point as the debt ceiling expires October 1.
This entire problem illustrates that this is not merely a dollar and Sovereign Debt Crisis; this is also a RESERVE CURRENCY crisis. The IMF and other nations are pressuring the Fed not to raise rates because of external economic conditions. The Fed is caught in a real crisis where domestic policy objectives are being influenced by international policy of other nations — the INTERCONNECTIVITY. This is starting to peel back the layers of the global economy that are like an onion with everything connected. This is further illustrating that domestic politics are really hopeless for they promise the moon but deliver absolutely nothin
Hoarding of Cash Doubles in Switzerland
The most valuable paper currency is the Swiss 1000 franc note. The Swiss are withdrawing money from banks and storing it at home. Sales of safes have skyrocketed and the demand for the 1000 franc note has taken off amazingly. One in ten notes now printed by Switzerland are in the form of a 1000 franc note. With banks losing trust and interest rates going negative, the demand for the 1000 franc note has doubled since 2007. In fact, as of May 2015, 41.6 billion Swiss francs are now in circulation in 1000 CHF notes.
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