Economics

Economics
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Updated: 9 hours 42 min ago

What is CrowdStrike? Firm Hired by DNC has Ties to Hillary Clinton, a Ukrainian Billionaire and Google

24-Mar-2017

In lieu of substantive evidence provided to the public that the alleged hacks which led to Wikileaks releases of DNC and Clinton Campaign Manager John Podesta’s emails were orchestrated by the Russian Government, CrowdStrike’s bias has been cited as undependable in its own assessment, in addition to its skeptical methods and conclusions. The firm’s CTO and co-founder, Dmitri Alperovitch, is a senior fellow at the Atlantic Council, a think tank with openly anti-Russian sentiments that is funded by Ukrainian billionaire Victor Pinchuk, who also happened to donate at least $10 million to the Clinton Foundation.

In 2013, the Atlantic Council awarded Hillary Clinton it’s Distinguished International Leadership Award. In 2014, the Atlantic Council hosted one of several events with former Ukrainian Prime Minister Arseniy Yatsenyuk, who took over after pro-Russian President Viktor Yanukovych was ousted in early 2014, who now lives in exile in Russia.

Recall that the FBI was denied access to the DNC servers by the DNC itself, and simply agreed to rely on the results provided by CrowdStrike, which as you can see has ties to all sorts of anti-Russia organizations and individuals. I find it absolutely remarkable that James Comey head of the FBI outsourced his job to CrowdStrike.

Read more here.

[KR1048] Keiser Report: Heading for Global War

23-Mar-2017

We discuss the racket that is war. In the second half, Max talks to JP Sottile of NewsVandal.com about trumping Trump and howling at the Moonves: how corporate media raked in the big bucks pushing a reality tv star as president.

The Divided Deep State is a Symptom, Not the Disease

23-Mar-2017

I’ve been writing about the divided Deep State for a number of years, most recently in The Conflict within the Deep State Just Broke into Open Warfare. The topic appears to be one of widespread interest, as this essay drew over 300,000 views.

It’s impossible to understand the divided Deep State unless we situate it in the larger context of profound political disunity, a concept I learned from historian Michael Grant, whose slim but insightful volume The Fall of the Roman Empire I have been recommending since 2009.

As I noted in my 2009 book Survival+, this was a key feature of the Roman Empire in its final slide to collapse. The shared values and consensus which had held the Empire’s core together dissolved, leaving petty fiefdoms to war among themselves for what power and swag remained.

A funny thing happens when a nation allows itself to be ruled by Imperial kleptocrats: such rule is intrinsically destabilizing, as there is no longer any moral or political center to bind the nation together. The public sees the value system at the top is maximize my personal profit by whatever means are available, i.e. complicity, corruption, monopoly and rentier rackets, and they follow suit by pursuing whatever petty frauds and rackets are within reach: tax avoidance, cheating on entrance exams, gaming the disability system, lying on mortgage and job applications, and so on.

But the scope of the rentier rackets is so large, the bottom 95% cannot possibly keep up with the expanding wealth and income of the top .1% and their army of technocrats and enablers, so a rising sense of injustice widens the already yawning fissures in the body politic.

Meanwhile, diverting the national income into a few power centers is also destabilizing, as Central Planning and Market Manipulation (a.k.a. the Federal Reserve) are intrinsically unstable as price can no longer be discovered by unfettered markets. As a result, imbalances grow until some seemingly tiny incident or disruption triggers a cascading collapse, a.k.a. a phase shift or system re-set.

As the Power Elites squabble over the dwindling crumbs left by the various rentier rackets, there’s no one left to fight for the national interest because the entire Status Quo of self-interested fiefdoms and cartels has been co-opted and is now wedded to the Imperial Oligarchy as their guarantor of financial security.

The divided Deep State is a symptom of this larger systemic political disunity. I have characterized the divide as between the Wall Street-Neocon-Globalist Neoliberal camp–currently the dominant public face of the Deep State, the one desperately attempting to exploit the “Russia hacked our elections and is trying to destroy us” narrative–and a much less public, less organized “rogue Progressive” camp, largely based in the military services and fringes of the Deep State, that sees the dangers of a runaway expansionist Empire and the resulting decay of the nation’s moral/political center.

What few observers seem to understand is that concentrating power in centralized nodes is intrinsically unstable. Contrast a system in which power, control and wealth is extremely concentrated in a few nodes (the current U.S. Imperial Project) and a decentralized network of numerous dynamic nodes.

The disruption of any of the few centralized nodes quickly destabilizes the entire system because each centralized node is highly dependent on the others. This is in effect what happened in the 2008-09 Financial Meltdown: the Wall Street node failed and that quickly imperiled the entire economy and thus the entire political order, up to and including the Global Imperial Project.

Historian Peter Turchin has proposed that the dynamics of profound political disunity (i.e. social, financial and political disintegration) can be quantified in a Political Stress Index, a concept he describes in his new book Ages of Discord.

If we understand the profound political disunity fracturing the nation and its Imperial Project, we understand the Deep State must also fracture along the same fault lines. There is no other possible output of a system of highly concentrated nodes of power, wealth and control and the competing rentier rackets of these dependent, increasingly fragile centralized nodes.

Of related interest:

Is the Deep State Fracturing into Disunity? (March 14, 2014)

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THE COLLAPSE COULD BEGIN AT ANY TIME | John Rubino

23-Mar-2017

John Rubino Joins SD to Sound the Alarm:
The System is Poised to Collapse and It Could Begin At Any Time…

 

Gold Prices See Seventh Day Of Gains After Terrorist Attack In London

23-Mar-2017

– Gold prices higher seven days in row – best gains since Brexit
– Gold spikes to three week high after terrorist attack in London
– Global stocks fell yesterday after attack in London 
– Stocks resilient today and start day flat
– Gold rallies 4.1% in recent days as stock prices falter

– Sterling fell yesterday but flat today
– Risk of terrorist ‘spectacular’ shows importance of gold
– Trump faces big test today and failure may impact stocks
– Silver rose 0.3% yesterday and is another 0.5% higher today to $17.69 per ounce

– Uncertainty to provide support for gold and should test resistance at $1,250 per ounce and above that at $1,300 per ounce

Gold prices reached a 3-week high yesterday after the terrorist attack in London pushed gold to $1,251.30 per ounce – the highest it’s been since February 28.

Gold prices have risen over 4% in the last seven days as global equities slumped and risk aversion returned to markets. Gold has consolidated on the gains of the last seven sessions today and prices are marginally higher just above $1,250 per ounce.

London’s worst attack in more than a decade left five people dead, including the assailant and the police officer he stabbed, and at least 40 injured.

The history of these attacks, including those in France, Germany and Belgium last year as well those in Madrid and London more than 10 years ago, show there was little impact on economic confidence or financial markets. However, these attacks, despite being tragic were relatively small in scale and not of the magnitude of the September 11 attacks in New York.

The concern is that with economies fragile and markets looking very over valued, a spate of new terror attacks or indeed what is termed a terrorist “spectacular” akin to ‘911’ or simulated attacks across the western world as warned of by Isis recruits, could be damaging.

Read full story here…

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Credibility of Cyber Firm that Claimed Russia Hacked the DNC Comes Under Serious Question

23-Mar-2017

An influential British think tank and Ukraine’s military are disputing a report that the U.S. cybersecurity firm CrowdStrike has used to buttress its claims of Russian hacking in the presidential election.

The CrowdStrike report, released in December, asserted that Russians hacked into a Ukrainian artillery app, resulting in heavy losses of howitzers in Ukraine’s war with Russian-backed separatists.

But the International Institute for Strategic Studies (IISS) told VOA that CrowdStrike erroneously used IISS data as proof of the intrusion. IISS disavowed any connection to the CrowdStrike report. Ukraine’s Ministry of Defense also has claimed combat losses and hacking never happened.

Countless people, including the entirety of the corporate media, put total faith in the analysis of Crowdstrike despite the fact that the FBI was denied access to perform its own analysis. Which makes me wonder, did the U.S. government do any real analysis of its own on the DNC hack, or did it just copy/paste Crowdstrike?

Read more here.

Our Hopelessly Dysfunctional Democracy

22-Mar-2017

Democracy in America has become a hollow shell. The conventional markers of democracy–elections and elected representatives–exist, but they are mere facades; the mechanisms of setting the course of the nation are corrupt, and the power lies outside the public’s reach.

History has shown that democratic elections don’t guarantee an uncorrupt, functional government. Rather, democracy has become the public-relations stamp of approval for corrupt governance that runs roughshod over individual liberty while centralizing the power to enforce consent, silence critics and maintain the status quo.

Consider Smith’s Neofeudalism Principle #1: If the citizenry cannot replace a dysfunctional government and/or limit the power of the financial Aristocracy at the ballot box, the nation is a democracy in name only.

In other words, if the citizenry changes the elected representation but the financial Aristocracy and the Deep State remain in charge, then the democracy is nothing but a PR facade for an oppressive oligarchy.

If the erosion of civil liberties and rising inequality characterize the state of the nation, democracy is both dysfunctional and illiberal. A state that strips away the civil liberties of its citizens via civil forfeiture, a war-on-drugs Gulag and unlimited surveillance may be a democracy in name, but it is at heart an oppressive oligarchy.

If the super-wealthy continue to become ever wealthier while the bottom 95% of the citizenry struggle in various stages of debt-serfdom, the state may be a democracy in name, but it is at heart an oppressive oligarchy.

Author/commentator Fareed Zakaria recently addressed the illiberal aspects of America’s faded democracy in an article America’s democracy has become illiberal.

Zakar’s prettified critique avoided the real worm at the heart of our democracy:the state exists to enforce cartels. Some might be private, some might be state-run, and others might be hybrids, such as our failed Sickcare system and our military industrial complex.

The ultimate role of democracy isn’t to “give the people a voice;” the only meaningful role of democracy is to protect the liberties of individuals from state encroachment, break up cartels and monopolies and limit the corruption of private/public money.

America’s democracy has failed on all counts. Civil liberties in a nation of ubiquitous central-state surveillance, a quasi-political Gulag (that nickel bag will earn you a tenner in America’s drug-war Gulag) and civil forfeiture (we suspect you’re up to no good, so we have the right to steal your car and cash) are eroding fast.

In America, the central government’s primary job is enforcing and funding cartels. As many of us have pointed out for years, a mere $10 million in lobbying, revolving-door graft (getting paid $250,000 for a speech or for a couple of board meetings) and bribes (cough-cough, I mean campaign contributions) can secure $100 million in profits–either by erecting regulatory/legal barriers or by direct federal funding of the cartel’s racket (healthcare, defense, “National Security,” etc.).

I explain why this is so in my books Resistance, Revolution, Liberation, Inequality and the Collapse of Privilege and Why Our Status Quo Failed and Is Beyond Reform.

The fact that the corruption is veiled does not mean it isn’t corruption. In the sort of nations Americans mock as fake democracies, the wealthy protect their wealth and incomes with bags of cash delivered at night to politicians.

Nothing so crass or obvious here, of course. Here, the government of Algiers gives $25 million to the Clinton Foundation for “favors,” the Russian government gives hundreds of thousands to John Podesta’s firm for “advice” (heh), the Koch Brothers fund an array of front-organizations that work on behalf of their agenda, K Street lobbying firms rake in tens of millions of dollars every year, and the first thing tech companies do when they realize some interest group might crimp their profits courtesy of lobbying the central state’s politicos is set up their own lavish lobbying and “contribution” schemes.

In theory, democracy enables advocacy by a variety of groups in order to reach a consensual solution to problems shared by everyone. In practice, the advocacy is limited to a select group of insiders, donors and the various fronts of the wealthy: foundations, think-tanks, lobbyists, etc.

Does anyone think America’s democracy is still capable of solving the truly major long-term problems threatening the nation? Based on what evidence? What we see is a corrupt machine of governance that kicks every can down the road rather than suffer the blowback of honestly facing problems that will require deep sacrifices and changes in the status quo.

We see a dysfunctional machine of governance that changes the name of legislation and proposes policy tweaks, while leaving the rapacious cartels untouched. (See the current sickcare “debate” for examples.)

We see an Imperial Project setting the state’s agenda to suit its own desires, and a corporate media that is quivering with rage now that the public no longer believes its tainted swill of “news” and “reporting.”

The divide between the haves and the have-nots is not limited to money–it’s also widening between the few with political power and the teeming serfs with effectively zero political power. When the system is rigged, “democracy” is just another public-relations screen to mask the unsavory reality of oligarchy.

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Here We Go: Fund Manager Warns The Collapse HAS BEGUN!

22-Mar-2017

The Economy Just Fell Off a Cliff, the Markets Just Don’t Know It Yet…

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Peak Gold – Biggest Gold Story Not Being Reported

22-Mar-2017

– Peak gold – Biggest gold story not being reported
– Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets
– Decline in gold production at world’s top 10 gold mining companies – Byron King
– “No new big mines being built in the world today” – Glencore CEO Glasenberg
– Primary global gold output declined in 2016 – Thomson Reuters via Mining.com
– 2016 was first year of fall in mine production since 2008
– Rising safe haven demand from ‘Trumpflation’ and  geopolitical tensions and falling mine supply should lead to “much higher gold prices”
– What happens when the unstoppable force of robust global demand for gold meets the immovable object of a small, finite, rare and dwinding supply of physical gold?

South Africa Gold Production

We have written about ‘peak gold’ and the ramifications of the underappreciated peak gold phenomenon for the gold market since 2008. The risk of falling gold production and a consequent reduction in supply are slowly percolating into the mainstream and analysts are asking whether 2015 or 2016 marked the year of peak gold production.

Byron King has written about this increasingly important supply factor in the gold market and brings together the views and research of Glencore CEO, Ivan Glasenberg, Thomson Reuters GFMS and others.


Goldman Sachs

The collapse in South African gold production (see chart above) is the ‘classic canary in the coal mine’ and likely foreshadows the coming decline in global gold production.

South Africa produced over 1,000 tonnes of gold in 1970 but production has…..

Click here to continue reading

Noted Putin Critic Warns of Confrontation Between Trump and Russia, Not Collaboration

21-Mar-2017

One thing we should have learned over the past year or so is you can take any narrative being pushed by the corporate media and Democrats, and assume that the exact opposite is true. The current Trump-Russia hysteria could very well turn out to be the latest and most embarrassing example of this phenomenon. In fact, well known Putin-critic, Masha Gessen, recently warned in an interview with Politico that her biggest fear is a Trump-Putin conflict, not some imagined alliance…

Read the rest here.

Dear America: Better Read the Fine Print on Your Credit Card Statement

21-Mar-2017

You know those disclosures on your credit card statements? That it will take 27 years to pay off your balance if you only make the minimum payment each month, and so on?

You might not be aware of it, but America’s “credit card”–our national debt–comes with its own disclosure statement:

Here’s a chart of America’s credit card: clearly, any credit line expanding this fast will bankrupt the borrower, regardless of their income.

I often refer to debt serfdom, the servitude debt enforces on borrowers. The mechanism of this servitude is interest, and today I turn to two knowledgeable correspondents for explanations of the consequences of interest.

Correspondent D.L.J. explains how debt/interest is the underlying engine of rising income/wealth disparity:

Here is a table of the growth rate of the GDP.

If we use $18 trillion as the approximate GDP and a growth rate of, say, 3.5%, the total of goods and services would increase one year to the next by about $600 billion.

Meanwhile, referencing the Grandfather national debt chart with the USDebtClock data, the annual interest bill is $3 trillion.

In other words, those receiving interest are getting 5 times more than the increase in gross economic activity.

Using your oft-referenced Pareto Principle, about 80% of the population are net payers of interest while the other 20% are net receivers of interest.

Also, keep in mind that one does not have to have an outstanding loan to be a net payer of interest. Whenever one buys a product that any part of its production was involving the cost of interest, the final product price included that interest cost. The purchase of that product had the interest cost paid by the purchaser.

Again using the Pareto concept, of the 20% who receive net interest, it can be further divided 80/20 to imply that 4% receive most (64%?) of the interest. This very fact can explain why/how the system (as it stands) produces a widening between the haves and the so-called ‘have nots’.

Longtime correspondent Harun I. explains that the serfdom imposed by debt and interest is not merely financial servitude–it is political serfdom as well:

As both of us have stated, you can create all of the money you want, however, production of real things cannot be accomplished with a keystroke.

Then there is the issue of liberty. Each Federal Reserve Note is a liability of the Fed and gives the bearer the right but not the obligation to purchase — whatever the Fed deems appropriate. How much one can purchase keeps changing base on a theory-driven experiment that has never worked. Since the Fed is nothing more than an agent of the Central State, the ability to control what the wages of its workers will purchase, is a dangerous power for any government.

If a Federal Reserve Note is a liability of the central bank, then what is the asset? The only possible answer is the nations productivity. So, in essence, an agent of the government, the central bank, most of which are privately owned (ownership is cloaked in secrecy) owns the entire productive output of free and democratic nation-states.

People who speak of liberty and democracy in such a system only delude themselves.

Then there is the solution, default. That only resolves the books, the liability of human needs remain. Bankruptcy does not resolve the residue of social misery and suffering left behind for the masses who became dependent on lofty promises (debt). These promises (debts) were based on theories that have reappeared throughout human history under different guises but have never worked.

More debt will not resolve debt. The individual’s liberty is nonexistent if he does not own his labor. A people should consider carefully the viability (arithmetical consequences) of borrowing, at interest, to consume their own production. The asset of our labor cannot simultaneously be a liability we owe to ourselves at interest.

Thank you, D.L.J. and Harun. What is the alternative to the present system of debt serfdom and rising inequality? There is none in our financialized, Neofeudal-Neocolonial State-Cartel Rentier Economy that creates and distributes credit-money at the top of the wealth-power pyramid.

As Harun noted in another email, Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).

What will replace the current system after it self-destructs? That’s the question, and my answer is laid out in my book A Radically Beneficial World: a radically decentralized, transparent, opt-in system of creating money at the bottom of the wealth-power pyramid rather than at its apex.

If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.

[KR1047] Keiser Report – Health Care ‘Hard Choices’

21-Mar-2017

We discuss the allegedly ‘hard choices’ in resolving America’s problem providing health care. In the second half, Max talks to trends forecaster, Gerald Celente of TrendsResearch.com, about the Fed’s interest rate hike and whether or not Trump’s threatened trade wars will lead to hot wars.

Silver 1/ 70th The Price of Gold – Silver Eagles Buying Jumps

21-Mar-2017

– Silver just 1/70th the price of gold
– Silver at $17.50 per ounce set to rise “faster than gold”

– Silver Eagles (1 oz) buying jumps to 715,000 this week
– “Supply may drop following mine closures” – Standard Chartered
– Industrial demand “will remain strong” – CPM Group
– Silver is substantially undervalued versus gold
– Gold silver ratio to fall back below 30

Silver looks set to outperform gold again in the coming months due to falling mine supply and continuing robust global demand.

Source: Bloomberg

Silver at just $17.50 per ounce remains about 1/ 70th of the price of gold at $1,230/oz today. This gold silver ratio of 70.3 continues to drive silver ‘stackers,’ value investors and those seeking a better return than gold to accumulate silver at what are seen at these still relatively cheap levels.

This is seen in continuing robust demand for the very popular silver bullion coin this week. The U.S. Mint sold 715,000 of Silver Eagles ( 1 oz) this week, to bring the year to date sales totals for 2017 to a robust – 7,557,500 Silver Eagle coins.

US Mint Bullion Coin Sales (Number of coins) Monday Sales Last Week Feb Sales Mar Sales 2017 Sales Silver Eagles
(1 oz)
715,000
220,000 1,215,000 1,215,000
7,557,500 Gold Eagles
(1 oz)
4,000 2,500 21,000 10,000 117,500  Gold Buffalos
(1 oz)
1,500 2,500 15,000 4,500 51,500

Source: GoldCore via Coin News

We have seen very robust demand for silver again this year, especially from clients in the UK and Ireland buying silver bullion coins (now VAT free) such as Silver Eagles. We are seeing even greater demand for Silver Maples and Silver Philharmonics.

The increasingly favorable supply and demand fundamentals of the silver market were reported on by Bloomberg in an article entitled ‘Silver Seen Climbing Faster Than Gold as Yellen Wakens Bulls’.

Read full story here…

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How to Get Out of Debt Even on a Low Income

21-Mar-2017

Getting out of debt is hard on its own because a large part of what’s supposed to be disposable income goes down the drain. We are used to paying money in exchange for goods or services but you won’t get any ‘tangible’ stuff in return when you send out checks to your creditors. Paying off debt while struggling with low-income finances is much harder because your income is probably not yet enough to make ends meet.

Many families in the U.S. fall under the low-income category and they don’t even know. You can be an professional with a college degree and still be a low-income earner despite your seemingly ‘elevated’ social class. In 2014, the US Census report classified a low income household as –  any 3 -family earning less than $38,110, any 4-person family earning less than $48,016, or any 5-person family earning less than $56,504.

Hence, one of the salient factors that might make it hard for people to get out of debt despite their best efforts is that they are simply not earning enough money to get out of debt easily. Nonetheless, you can get out of debt (it might take longer) even on a low income if you follow the right strategies. This piece provides information for getting out of debt faster regardless of your income level.

Start with the Maths

To get out of debt despite a low-income financial situation, you’ll need to start with a simple maths to detail the reality of your finances. You might never have considered yourself a low-income earner because you are a professional but a 7-person family earning less than $70,862 is still a low-income household.  

After you’ve done a reality check on your earnings, you’ll need to do a reality check on your expenses. To keep your finances healthy, your income must be higher than your expense – you can apply the money left over after deducting expenses from income towards, saving, paying down debts, investments, or retirement.

To get a clear picture of your financial health, you’ll need to take the time to write out all your expenses and liabilities. Your liabilities include your debts –credit card debt, student debt, mortgages, and insurance among others. Your expenses include feeding, transportation, entertainment, utilities, and other miscellaneous bills. You may want to commit to writing down your expenses for a full month so that you can have a full understanding of where you money goes each month.

Start cutting down on expenses

You’ll need to start cutting down your expenses in order to free up more money that can be applied to paying down your debt faster. Of course, you might need to make some hard choices – but desperate times call for desperate measures and you’ll need to exit your comfort zone if you really want to get out of debt fast.

For instance, your housing expenses (rent or mortgage) should ideally not take more than 30% of your income; yet 1 in 4 Americans spend as much as 50% of their income on housing. If your housing expenses are more beyond range of affordability for your income bracket, you’ll need to consider moving a ‘humbler’ abodes. You may want to consider getting roommates/flatmates to split the costs. If you live in a touristy city, platforms such as AirBnB can also provide you with a chance to pass part of your housing bills to others.

You’ll also need to cut your transportation costs – you can walk or cycle short distances instead of taking a taxi – your waist will be slimmer but your wallet will be fatter. If you have two cars in your family, you might want to ditch one of the cars and start planning your driving routes with one car for the family.

Don’t hesitate to ask for help

In some instances, getting out of debt is not a battle that you can win on your own without help. You might need help in the form of motivation, encouragement, financial education, updating your personal finance skills, debt consolidation, or debt management among others. Many people are struggling with a massive debt burden without any hope of every getting out of debt. With the right kind of debt counseling, you might be able to take the proper steps towards reducing your debt and ultimately paying down the debt.

Low-income earners trying to get out of debt might also need help to increase their earning power. If you earn more money, you should ideally have a little extra money that you can apply towards paying your debt. You may want to update your skills so that you can take on other side gigs. You should also inform your friends and family members of your availability for side gigs or even better paying jobs to replace your current job.

 

Don’t You Hate Spammy, Sensationalist Click-Bait Like this?

20-Mar-2017

We’re inundated with spammy sensationalist click-bait. You know what I mean–the little boxes containing eye-candy photos and headlines such as “you won’t believe how badly these stars have aged,” “7 tricks to losing weight during Thanksgiving,” “These children of celebs are so good looking your jaw will drop,” “9 surprising signs of dementia” and outre classics such as “Hitler’s shocking final words.”

The “news” is “shocking,” “secrets are revealed,” and “surprising facts” are promised. Authorities are always cited as unimpeachable sources, and the headlines are quasi-plausible. (Why wouldn’t good-looking celebs have good-looking offspring?)

But the “authorities,” “facts” and “secrets” are all dubious. The spammy click-bait is self-serving to those promoting the sensationalist content, and to the media sites that promote the spammy content.

According to The New York Times, unidentified sources in the spammy sensationalist click-bait industry report that “We have been told from major, major publishers that we have become their No. 1 revenue provider.”

So the spammy sensationalist click-bait content serves the interests of those originating the bogus spam and the media that publishes it. Talk about a two-fer; no wonder this junk is everywhere in the Corporate Media.

Though the Corporate Media denies it, of course, the lines between propaganda, paid content and actual reporting have blurred. The C.I.A. has played a major role in the Corporate Media for decades. If you doubt this, please study the following:

The CIA and the Media by Carl Bernstein

The CIA and the Media: 50 Facts the World Needs to Know This article by Professor James Tracy first published in August 2015 is of particular relevance in relation to the “fake news” campaign directed against the alternative media.

Operation Mockingbird

So what’s the difference between “fake news,” spammy sensationalist click-bait and so-called “mainstream news” that serves the interests of the corporate-state? It’s getting hard to tell, as these examples illustrate.

I just pulled these examples of spammy sensationalist click-bait garbage off the mainstream Corporate Media more or less at random.

   

Oh wait a minute–isn’t this “Trump is a stooge of Russia” and “Russia is threatening our precious bodily fluids” what The New York Times, The Washington Post, CNN et al. are presenting as “factual” “news”?

Given the media’s insatiable appetite for spammy sensationalist click-bait “news,” it wouldn’t surprise me in the least to see these next in the Corporate Media.

   

The Old Media followed this nostrum: If it bleeds, it leads, meaning the gory airline crash or auto pile-up was the leading “news story.” In an era in which fact-free, evidence-free accusations that just happen to align with CIA agendas are passed off as “news,” and anyone who questions the “authorities” is slandered as “promoting fake news” (talk about doublespeak), that promotion of mere gore now seems quaint.

If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.

Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print). For more, please visit the OTM essentials website.

The Best Ways to Invest in Gold Today

20-Mar-2017

The Best Ways to Invest in Gold Today

– The cost of buying and selling gold
– How to buy gold on the cheap
– How to avoid paying capital gains tax (CGT) on your gold
– Open an account with one of the online bullion dealers – the likes of GoldMoney, GoldCore or Bullion Vault
–  Gold Sovereigns and Gold Britannias make for a considerable saving on cost because of the CGT exemption

Gold Britannias and Sovereigns are free of Capital Gains Tax (CGT)


Dominic Frisby
has looked at the best ways to invest in gold in the UK’s best selling financial publication Money Week.

Frisby looks at the various ways to invest in and own gold and points how gold ETFs are not much cheaper than online gold bullion dealers such as GoldMoney, GoldCore or Bullion Vault and yet there is the difficulty of taking delivery which is “cumbersome.”

The other important consideration when investing in gold is to consider the tax implications and the capital gains tax (CGT).

Read full story here…

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Interested in learning more about physical gold and silver?
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Banks Are Evil

19-Mar-2017

It’s long past time we be brutally honest about the banks. Their influence and reach has metastasized to the point where we now live under a captive system.

From our retirement accounts, to our homes, to the laws we live under — the banks control it all.

And they run the system for their benefit, not ours.

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[KR1046] It’s the Economic Populism, Stupid!

18-Mar-2017

We discuss the economic populism that voters in Michigan want to hear but that Democrats refuse to say and what happens when private equity runs out of things to buy. In the second half, Max talks to Mish Shedlock of MishTalk.com about the Fed’s interest rate hike.

“LISTEN CAREFULLY: I KNOW This About JPMorgan…” – Harvey Organ

18-Mar-2017

Gold & Silver Analyst Harvey Organ Joins the Show This Week For A FASCINATING Conversation:

  • These TWO Things Are Coming Together For Gold
  • Harvey Explains THIS Is When the Fun Begins
  • Dubin On the Coming Debt Ceiling Battle: It’s Gonna Blow People’s Minds
  • Harvey Provides An Update on the ABX & PHYSICAL Gold Demand in London: Is the System FINALLY Near A Tipping Point?
  • Will Gold, or SILVER Be the Catalyst That Takes Down the Banksters’ Paper Game?

Physical Silver Update:

Sales of US Mint Silver Coins remained subdued this week at 220,000 Silver Eagles, bringing year to date Silver Eagle sales to just 6,842,500 coins 2.5 months into the year.  (In 2016 the Mint sold nearly 6 million coins in January alone). 

Premiums on 90% silver bags stabilized this week after jumping last week, as the .50 jump in silver spot prices freed up additional silver bag inventory. 

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