Russian Capital Flows
Russia confirms our tracking of capital flows. Adopts our figure of $50 billion for the quarter.
Streaming the Cycles of War Conference Friday March 21st, 2014
Please keep in mind this is the first time we are trying a live broadcast worldwide. It will not be extended to the other sessions. This is very costly and we do not know what to expect. Those attending will receive full materials. We will provide the slides to the viewers. However, we will not be able to provide the printed material – that is for the attendees only.
NASA Funded Study says Civilization WIll Collapse
A reader passed this on for comment. NASA funded a study that is yet another Marxist-slanted product that says civilization will collapse because of the unequal distribution of wealth and the exploitation of natural resources. It is interesting that they state that“the process of rise-and-collapse is actually a recurrent cycle found throughout history.”
I have been working on a book that covers this subject of the Rise and Fall of Civilization through the centuries with just a few chapters left to complete. As the reader says “Of course their other conclusions look to be a combination of their Marxist view of the world mixed with a little Al Gore environmentalism.”
I cannot disagree. There is no such period of “equal wealth” distribution in history for even under Communism the elite enjoyed a plush life hidden from view. Capital concentrates among individuals and nations and always has – sorry that is how it works whether you like it or not. We all cannot have a trade surplus.
So I really do not see how these people create studies other than always trying to explain everything from one point of view kind of like all you have is a hammer so everything looks like a nail. We arenot out of resources NEVER WILL. Just for the record, we will move to the next energy source ONLY when we do start to run out of oil and gas making it more expensive to cause other available sources to come on-line. We have solar energy panels everywhere and they came ONLY into investigation because of OPEC in the 1970s. As energy rose in price, then wind generators came on-line.
There is a perpetual magnetic engine that generates electricity to restart and while they run it refuels the battery so plug-it-in once and you are good to go. There was an inventor who came to me to try to take it public. The auto-companies all offered to but it but they wanted to stick on the shelf. He wanted to see it produced.
We only use the electric portion of the electromagnetic wave function for general society. While we are exploring lasers, magnetic engines await us in the future. As for food, well Malthusgot everyone to believe in the doom from over-population and he has been off by a few hundred years. Don’t worry, disease creates new viruses to reduce population as part of the natural process and then we love to kill each other in war to thin the herd. There are always counter-trends to help the cycle.
Whaling was the energy source for oil lamps. Then crude oil replaced hunting whales for energy. This is the natural process of Creative Destruction. The new technology annihilates the old. We no longer harvest whales to read at night. This is a functional realism that matters not the innovation. The Internet is wiping out newspapers, books, and retail stores, just as the combustion engine wiped out farm labor as tractors replaced hundreds of people and the railroad introduced competition giving birth to mail order – the first catalog produced by Sears.
This is an ongoing evolution within society. The Dark Ages are created by government trying to take all the wealth from people. So if civilization will collapse into a Dark Age it will not be because of an unfairness of wealth, but because of tyranny as it always has since government NEVER creates the wealth of a nation – they consume it.
Hate Mail from Russia
COMMENT: Instead of your fishy fiction you should say real story about us (Russian, Ukrainian and Belarus) and 309,6 circle of the Orthodoxy and their Capital in Rus land: Kiev, Moscow, St.Peterburg, Moscow and (Kiev in the future). But you wouldn’t, would you?
REPLY: Sorry. That entire region has a very deep history and you cannot stop just at the Rus. Then there is Ivan Mazepa and the Battle of Poltava had its 300th anniversary back on June 27th, 2009. This was a battle, where Peter the Great and the Russians defeated the Swedish army in a turning point in a war with Sweden. Poltava is actually in Ukraine, and Ivan Mazepa Remains a Ukrainian hero and a traitor to Russia to this very day. They saw themselves as Ukrainians even back then. So here we are facing the 309 .6 year cycle and we see Ukraine matched against Russia once again and you somehow say they are not Ukrainian because of the Kievan Rus. Interesting view and I suppose the NYSE is still owned by Indians.
NYSE Closed 1914 – Was it Fear of Liquidation or Capital Flows?
QUESTION: I read that during World War I they closed the stock exchange for several months. Do you think this will take place again? I see few people quote you because you have the facts and they are like Al Gore, just full of hot air. You seem to be the only reliable source so if they do not quote you, they are probably not real.
Thank you so much for your efforts.
HB
ANSWER: There is so much rhetoric out there that is just wrong, only the unbiased would dare quote me for often it is a matter of integrity and trying to figure out what really makes the world tick instead of beating on your chest. If they have something to sell, then there is an agenda. The news channels and newspapers these days are just propaganda machines with an agenda. Look at Fox News and then look at the extremes like the Ed Show. Neither would dare say anything neutral about their hated political parties. They display to the world nothing different from Pravda. Same shit. It ain’t news if you have a spin.
This question is important today for those who want to understand the markets instead of people preaching some financial religion. What you state is true about the closure, yet not the “whole” truth. That event (Panic 1914) caused two major changes.
(1) the NYSE was really closed because of capital flows. There was a massive selling of US securities to take gold back to Europe to pay for the war where gold became more valuable in Europe moving to a premium at first. This is what I mean when I say it is a hedge against government. Gold moved to a premium because you do not know which currency will survive. That flipped and then the capital poured back to the USA when it became clear gold was not even safe in Europe period. Instead of abandoning the gold standard because of the massive drain from Europe, they close the NYSE thinking that would not impact the “image” of the USA abandoning the monetary system. So it was by no means a pure reflection upon stocks – it was capital flows.
The gold promoters have WRONGLY claimed inflation/hyperinflation causes gold to rise whereas in those caseseverything rises in value against the currency as in German hyperinflation. This Panic of 1914 you never hear about was a hedge of what I refer to against government. It is a GLOBAL rise in the purchasing power of gold because of uncertainty as to whose currency survives – NOT because of inflation caused by one country that the dollar-haters have transformed this event into. It isWHY I have also stated that the fundamental requirement of a bull market is the rise MUST take place in all currencies. Unless youFULLY understand the REAL historical facts, you will buy on the wrong info and lose your shirt when it declines because you bought for the wrong reason.
(2) When the exchange reopened in 1915, how stocks traded was altered, which is why you will find real data on the NYSE back only to 1915. Previously, stocks traded in dollars, but the quotes were expressed as a percentage of the stock’s par value. Therefore, prior to 1915, stocks traded like bonds say 95 was 5% below par. Beginning in 1915, the NYSE reopened and traded at “market value”.
Announcing Streaming & Change of Venue
The Cycles of War – Sovereign Debt – Gold Conference on Friday March 21st will be streamed around the world live. The price will be $350. We had to change the venue due to crazy unions that control Philadelphia and are destroying its economy. Apparently, there is a camera man’s union and we cannot have people come in and film the event if they are not a member of this Philadelphia Union. Since the Philadelphia Convention Center is city owned, you can only use union labor. The problem with this nonsense when dealing with creative aspects, it is like if Picasso came to town to paint and they said only a union guy can paint so he has to tell the union worker how and where to paint. Just stupid. Unions drove the docks out of New York City and nothing remains there anymore for similar reasons – just uncompetitive anti-free market.
So the only way to do this was to move the venue to the Marriott Hotel on Market Street, one block away. This is directly across from Lowes Hotel where the Training & WEC are being held.
We will set up a page where you can pay using Pay-Pal and enter the live streaming for the conference. You will receive the slides by email and materials. This will include the first few chapters of theCycles or War that has been expanded into a book given the demand we honestly did not expect to be this huge. The book will be available shortly on Amazon.
Happy Pi Day
We went to lunch today and we had a Chocolate Cake with “314″ candles – Happy Pi Day – 2014