Posted at 11:39 AM (CST) by & filed under USAWatchdog.com.

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Five time, best-selling author and renowned Christian leader Jonathan Cahn says if America does not come back to God, it may never recover from what is coming.  Cahn, who wrote the best- selling book “The Harbinger” back in 2012, predicted when the next great shaking would happen.  Cahn explains, “America is getting hit economically and, of course, the virus and the lockdown.  We have never had anything like it, civil disorder, and we have never been hit like this before. . . . The Harbinger gives a period of time from the Bible, from the judgement and fall of Israel.  It gives this period of time, and it pinpoints the year 2020. . . . For years, I have been looking at this year wondering if this was going to be a year of economic collapse, of shaking and more than that.  I don’t believe the shaking is finished. . . . Overall, I believe the shakings are not finished.  I believe this is just the beginning. . . . A nation is given a window of time to come back to God or go to destruction, disintegration or judgment.  That’s where we are.”

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Posted at 11:36 AM (CST) by & filed under Jim's Mailbox.

Our pal Tony sent us the price/timeline of gold in Reichsmarks in Weimar Germany. And people call us nut jobs for simply doing the math of how much in dollar terms gold would need to be to pay off the national debt?  Please note, Gold was only 323,000 Reichsmarks in Jan 1923 and ended the year (and the currency) at 87 trillion…pretty much illustrates “Q: how did you go broke? A; Slowly at first but then all of a sudden”!

Bill

Gold & Silver Prices Under The Weimar Republic’s Inflation
July 21, 2014

Stole this from another article/blogger.

Quote:

“On a closing note, because I forgot last week, I would like to share with everyone just how the price of silver and gold escalated in German Mark terms, through the Weimar experience:

Hyperinflation: Wiemar, Germany January 1919 to November 1923
[Expressed in German Marks needed to by an oz. of ag. or au.]”

Jan. 1919
Silver 12
Gold 170

May. 1919
Silver 17
Gold 267

Sept. 1919
Silver 31
Gold 499

Jan. 1920
Silver 84
Gold 1,340

May 1920
Silver 60
Gold 966

Sept. 1921
Silver 80
Gold 2,175

Jan. 1922
Silver 249
Gold 3,976

May. 1922
Silver 375
Gold 6,012

Sept. 1922
Silver 1899
Gold 30,381

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Posted at 5:33 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Some more reality from Erik. We especially like this quote “But after the election, the next bail-out will be a bail-in of deposits” because it does seem likely.

Everything's Broken Down—And They're Lying About It_001

Everything's Broken Down—And They're Lying About It_002

Posted at 11:25 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

This is a must read…because it is so true!

The Next Leg Down: The Top 10% Are About to Take a Hit
July 30, 2020

No federal bailout or stimulus can reverse these three dynamics, and no amount of legerdemain can replace the spending of the top 10%.

Few of those anxiously seeking a rebound in consumer spending take into account the top 10% of households account for almost 50% of consumption, and that top 10% skews heavily to the older, wealthier top tier whose free-spending ways have been built on the enormous wealth effect as their stocks, bonds and real estate assets have soared in value over the past 12 years.

The top 10% has largely escaped the significant financial hits cutting a swath through the bottom 90%, but that’s about to change. Few of the top 10% have seen their pensions cut, their portfolios of stocks and bonds shredded, their home value in free-fall or their managerial / technocrat position eliminated. Most are watching the financial devastation from the security of owning 85% of the nation’s assets, and from positions in the protected-class with access to federal money, either directly or indirectly.

Three factors could materially suppress the future consumption of those responsible for 50% of all consumer spending.

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Posted at 9:07 AM (CST) by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,

      We start the last day of July off in the positive with December Gold up $25.10 with the trade at $1,991.90, after it made another New Life of Contract High at $2,005.40 with the low at $1,971.40. Silver is leading the rise today with the September contract now at $24.475, up 84.9 cents after hitting $24.685 with the low wayyy down there at $23.67. It’s been over 40 years since Silver made a N-LoCH, maybe it’s time for it to catch up, stay tooned! The US Dollar did get a little jiggy during the FOMC, with the trade now heading lower at 92.94, down 6.9 points and close to the high at 92.965 after it recovered from the low at 92.51. Of course, all this happened before 5 am pst, the Comex open, the London close, and after Ghislaine Maxwell’s unsealed court records were released.

      The precious metals gains are also rolling along against the emerging fiats, as the Venezuelan Bolivar will prove Gold gaining 222.72 overnight with the last trade at 19,894.10 Bolivar. Silver under the same currency is now at 244.444 Bolivar, providing the holder at 10.294 Bolivar gain per ounce. Argentina’s Peso now has Gold’s value pegged at 143,813.65, a gain of 1,746.20 A-Peso’s with Silver at 1,767.18 giving the most manipulated metal in the markets a 76.09 A-Peso gain. Turkey’s Lira has given Gold a 152 T-Lira gain with the last trade at 13,886.11 with Silver gaining 7.12 with the last trade at 170.606 T-Lira.  

      August Silver Delivery Demands have officially begun, with the demand count now at 914 fully paid for contracts and with a trading range for the 3 lot Volume, between $23.59 and $23.565 with the last trade at the low. We need to leave some room for the unaware trader, he/she/they may have one or two positions to clear, but all in all we have a $107,692,050 order now standing for delivery. If the deliveries are as strong as the last several months, there’s gonna be a big problem at the Comex! Silver’s Overall Open Interest is now calculated at 187,817 Overnighters, more than doubling yesterday’s reductions, which may prove the FOMC meeting was simply a 2-day stall, as 3,931 more shorts had to be added into the markets.

     August Gold has to be scaring the shit out of the shorts with the Resolutes Delivery Demand count at 47,236 and with a Volume of 1,100 already up on the board with a trading range between $1,981.10 and $1,948 with the last swap at $1,965.90, up $23.90. Let’s see how the rest of Augusts deliveries go, as the first day’s buy orders equal $9,286,124,240. Gold’s Overall Open Interest is proving someone is getting out of the way of the next rally with the Overall count dropping 12,524 leaving 587,560 contracts to go against the physicals.

      I have no kind words for what we all have been forced to deal with over the decades as one who represented us as a leader, got continual protection from the Deep State. This one raped many women (and paid to shut them up) and (is accused of having sex with) young girls over his professional years as a government elected. A party was even willing to allow his wife to represent our nation too, and chose to ignore all the wiener laptop evidence and the death of Seth Rich! This same group also attacked anyone who accused both Clintons of wrong doing and that body count of the dead from way back when he represented Arkansas going forward, needs to be reviewed without the FBI/CIA/NSA interferences. All those involved with the Entire Pedo Machine need to be brought into court to answer questions. That is, if they survive their assisted suicides. I believe the promise, that has to be one of the hardest promises any president has ever attempted to do! Root out pedophilia and child trafficking rings, no matter who gets caught or the costs, and that includes the Republican Party!

      The future promises to bring out many more stories that link this Pedo-Protect-Group to many others, not only in our country’s government, but many other countries as well! This revelation is either going to be swept under the rug by a bigger story, or it’s going to come out in full blossom. I don’t expect the media to reveal any of these stories because they too are all caught up in the mess with the Weinstein links, however, I do expect the court cases will reveal it all! Need we say, the best place to have one’s retirement while all this comes out, is still Physical Silver and Gold? Probably not, so have a great weekend, keep a smile on your face and a prayer for all, and as always…

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted at 11:17 AM (CST) by & filed under Jim's Mailbox.

Jim/Bill,

Monkeys are probably better at getting to a just decision. This is laughable and corrupt!

GG

Our friend GG checks in re:the rule of law (or lack thereof) in our land…

Appeals Court Grants Judge Sullivan Request for Rehearing in Flynn Mandamus Case, Vacates Order Dismissing Charges
July 30, 2020

Sidney Powell, attorney for Michael Flynn, announced the D.C. Court of Appeals has accepted the request by Judge Emmet Sullivan for an en banc rehearing of a 2-1 mandamus order by a three judge panel of the court last month to dismiss the federal case against Flynn arising out of the corrupt Mueller probe on the unfounded Trump-Russia collusion hoax. The mandamus order was vacated by the Appeals Court.

Oral arguments before the entire 11 judges on Court of Appeals are scheduled for August 11.

Powell posted the order by the court:

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Posted at 3:44 PM (CST) by & filed under Jim's Mailbox.

Raoul Pal with a 40 year inflation adjusted cup and handle gold chart.

Bill

Jim/Bill,

This is a very informative article for readers.

Dave

New York Times Rewrites the Timeline of the Fed’s Wall Street Bailouts, Giving Banks a Free Pass
July 28, 2020

Last Friday, the New York Times officially embarked on what we have been expecting – an attempt to rewrite the current, ongoing Wall Street bank bailout. We were so certain that an alternative reality was going to emerge at the Times, that we had the foresight to create an archive of Wall Street On Parade articles (122 so far) that document every major bailout step the Fed has taken since September 17, 2019 – five months before the first COVID-19 death was reported in the United States.

One of our articles, published on January 6, 2020, shows that before the first COVID-19 case had even been reported in the U.S., the Fed had pumped more than $6 trillion cumulatively into the trading units of the largest Wall Street banks — not hedge funds, that the Times now attempts to blame for the crisis.

Before we delve into the latest propaganda war for Wall Street by the New York Times, you need a bit of background.

On May 12, 2012 Andrew Ross Sorkin of the New York Times wrote one of the most factually-challenged articles we have ever read by a business writer in the U.S. Sorkin attempted to rewrite the 2008 financial crisis and knock down efforts at the time by Senator Elizabeth Warren to restore the Glass-Steagall Act.

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