Last night a friend claimed that Donald Trump wouldn’t make a good president; he is brash, he is racist, he is a loudmouth; you know the normal things people learn to recite after being programmed by television news. The one I loved was that, “Trump is arrogant.” My friend questioned if one man could make “that much difference in the world today.” To my friend’s credit, she was respectful enough to let me respond when she asked, “Really, what has Trump done?”
I have no feelings about the man, other than I observe, and this is what I said, “In June of last year, Trump entered the race for president. In just a little over a year, Trump has single-handedly defeated the Republican party. He did so thoroughly. In fact, he did so in such a resounding way that the Republican Party now suffers from an identity crisis. He literally dismantled the party. Trump even dismantled and dismissed the brand and value of the Bush family. And on his own nickel, he did this!
Trump has Obama petrified that Trump will dismiss programs that weren’t properly installed using proper law.
Trump has single-handedly debunked and disemboweled any value of news media as we knew it—news now suffering from an all-time level of distrust and disrespect. Watch headlines about upcoming lay offs in the media as readership in newspapers and magazines and the like falls. They alienated their client base as People reach out for alternative news and disbelieve the balderdash.
Trump has leaders from all over the world talking about him, whether good or bad. Trust me, powerful men who have been president before weren’t liked by the global community. I doubt Mikhail Gorbachev liked Reagan when Reagan said, “Tear down that wall.”
Trump has expressly disclosed the fraud perpetrated on the American public by Hillary Clinton. He has, quite literally, brought Hillary to her knees—if you believe that nervous tension and disorders offer physical side effects and damage. Yet that maybe not enough to stop the theft of the election at Electoral College level. If so, America will face riots in streets as Trump has the popular vote, regardless of what the press says for better or for worse.
Trump has unified the silent majority in a way that should be patently frightening to “liberals.”
As the press accuses Trump of being a house of cards, Trump has proven the press is the real house of cards. He has whipped up the entire establishment into pure panic. Trump has exposed them for who they are and worse, what they are. George Clooney was right when he said Trump draws live news coverage of his podium that he’s not yet approached. Thanks, George, you were perfectly correct.
What we see as headline news today are actually the last bubbles from the ship that is now sunk—meaning the standard news media, as a propaganda machine, has been exposed. They have no more value.
In the same way Trump asked the African-American community this question, I asked my friend, ”At this point, what do you have to lose?” You have mass cop shootings, riots in your streets, ambushed cops, double digit inflation, bombs blowing up in your cities, targeted police, Black Lives Matter, (a Soros job) a skyrocketing jobless rate, no economic growth, privately owned land being seized by the federal government, the worst racial tension in my lifetime, no God in schools, more abortions than ever, illegal aliens pouring into our country, sick veterans receiving no care, and a debt that doubled in seven years to $19 trillion. Are you really happy with the condition of the current system?
One man has done all of this in one year—one guy, and on his own dime. And with everything I’ve written above, you believe Trump hasn’t done anything? You claim that you are afraid of Donald Trump?
No wonder America is in trouble. You can say that Trump is a lousy presidential candidate. That’s your right. Just don’t ever say he’s not effective.
That Megan Kelly, FOX News, CNN, MSNBC, Washington Post, Rachel Maddow, the Huffington Post, the New York Times, Raleigh’s News and Observer, the AP, Don Lemon, Jake Tapper, and many more, failed to implement their collectively orchestrated lie on the American people against Trump, is actually a massive testament to Trump. The press colluded pure propaganda to accomplish his demise … and they have collectively failed and miserably.
Here’s just one example of how badly America is injured right now. There are high school football players on their knees during the national anthem simply because the press used as propaganda to program those kids to do that very thing. But, these kids are mimicking NFL stars the same way the same kids chooses which brand of football shoe to purchase—they’re overtly brain-washed to do that very thing.
Now, we have a generation of children who hate America.
America’s problem isn’t that little children are on their knee in collective disrespect of America. Our problem is that America is on her knee from collective disrespect by Americans.
You can disrespect America all you want. But, it’s high-time you respect the silent majority. Because they’re not simply the “silent majority” as you’ve been trained to believe when Hillary calls them “deplorables.” The fact is, they are simply the majority. And now they’re no longer silent either. Donald Trump changed all of that, single-handedly and within one year.”
There are two ways to be fooled. One is to believe what isn’t true;
the other is to refuse to believe what is true. I have said before, he will change America for better or for worse and he is not the best, but maybe remembered as the best. Maybe he learnt what the salmon know (Only 1 of a hundred salmon make it to spawn who start).
Evil reigns when good people do nothing, and it seems there are a lot of politicians in this camp, however people are waking up and this trend we see will continue and is unstoppable, until change comes for better or for worse. In finance and in the markets you learn not to go against the trend. Perhaps a lessons for the cabal and the reigning political elite as we watching corporate icons falter and fall.
Jim Sinclair’s Commentary
The next 10 years will be hell for more than 401Ks. According to Wolfgang, you GOTS to have the answer.
GOTS to have the answer!
Your readers already know how to prepare for the future…..GOTS.
For those who choose to ignore this advice, read it and weep………..
“Over the next decade, according to the report, “the ubiquitous 60/40 U.S. portfolio has a 0% probability of achieving a 5% or greater annualized real return.”
And this is NOT even considering that your 401K may be nationalized!
CIGA Wolfgang Rech
The Next 10 Years Will Be Ugly for Your 401(k)
October 26, 2016
It doesn’t seem like much to ask for—a 5 percent return. But the odds of making even that on traditional investments in the next 10 years are slim, according to a new report from investment advisory firm Research Affiliates.
The company looked at the default settings of 11 retirement calculators, robo-advisers, and surveys of institutional investors. Their average annualized long-term expected return? 6.2 percent. After 1.6 percent was shaved off to allow for a decade of inflation1, the number dropped to 4.6 percent, which was rounded up. Voilà.
So on average we all expect a 5 percent; the report tells us we should start getting used to disappointment. To show how a mainstream stock and bond portfolio would do under Research Affiliates’ 10-year model, the report looks at the typical balanced portfolio of 60 percent stocks and 40 percent bonds. An example would be the $29.6 billion Vanguard Balanced Index Fund (VBINX). For the decade ended Sept. 30, VBINX had an average annual performance of 6.6 percent, and that’s before inflation. Over the next decade, according to the report, “the ubiquitous 60/40 U.S. portfolio has a 0% probability of achieving a 5% or greater annualized real return.”
Jim Sinclair’s Commentary
Remind anyone of Bear Sterns and Lehman Brothers?
Looks to me like Bank of England is quietly moving toward the exit door before anyone else.
The tide has moved out, temporarily (as in a Tsunami) and England is taking advantage of it.
Wonder if others will begin following suit? Should be interesting when the Tsunami finally rolls in and everyone is scrambling for higher ground.
(DB earnings tonight at 2:00am NY time. Should be enlightening)
CIGA Wolfgang Rech
Bank of England Asks UK Banks To Detail Their Exposure To Deutsche And Italian Banks
October 26, 2016
In what may or may not be a coincidence, just hours after Bloomberg reported that DB launched a probe into whether it “misstated” derivatives, moments ago the FT reported that the Bank of England is seeking details from large British banks on their current exposure to Deutsche Bank and some of the biggest Italian banks, including Monte dei Paschi, “amid mounting market jitters over the health of Europe’s financial sector.”
The FT notes that the request was made in recent weeks by the BoE’s Prudential Regulation Authority as investors sold off Deutsche and Monte dei Paschi, both of which have been the subject of scrutiny over their capital levels. Supervisors worldwide have attempted to curtail the links between large institutions since the 2008 banking crisis, when the collapse of Lehman Brothers and other big groups threatened to drag down the entire global financial system.
While the PRA regularly speaks to banks about their exposures, particularly to any lender that might be facing difficulty, the BoE’s recent intervention is a sign of continued nervousness among regulators that the interconnectedness of Europe’s largest banks could harm otherwise healthy groups if one of the weakest links were to fall into crisis.