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Governments Are Sucking in Assets like a Black Hole

QUESTION: Hello Sir, I am French and have been reading you for many years (I already read you while you published papers while you were very unfairly imprisoned). I signed up for Socrates on 6th January and must thank you warmly for opening my eyes to the real state of the global economy and its cycles. […]

How to Survive a Banking Crisis

Many in Spain are starting to figure out that the only way to survive is to get your money out of the bank. Accounts can just be frozen as they did to the Russians living in Spain, demanding they prove the source of their funds. Banco Madrid has had its funds frozen while the government tries to […]

Europe Preparing to Confiscate Private Accounts for War?

  The European Union is planning to cancel paper currency and move to CBDC to carryout: Claiming they wish to elmininate the American credit card system of VISA and MasterCard they claim for economic independence when in truth the European monetary system is collapsing.  They are seriously claiming national security insistenting that Putin wants to […]

Is Bitcoin A Store of Value?

QUESTION: How can you say that Bitcoin is not a store of wealth? Nobody agrees with you. DF ANSWER: Bitcoin is no more a store of wealth than copper or anything else. I have said from the outset that it is a trading vehicle. It will rise and fall like everything else. A store of […]

ECB: Keep Calm and Carry Cash

The European Central Bank (ECB) is urging citizens to “keep calm and carry cash.” The ominous message is a warning of trouble ahead. Bank runs, defaults, war, grid failures, pandemics—the current banking system cannot rely on what’s ahead. “Cash provides essential redundancy – a ‘spare tire’ – for the payment system,” the study’s authors write. […]

The Laughable Joke About BRICS

COMMENT: Mr. Armstrong, I just wanted to thank you for participating in our board meeting. We had come to the same conclusion that all of this talk of BRICS and de-dollarization was being promoted by people in the conspiracy category, lacking any honest experience in international commerce. Before the meeting, we called one, and our […]

The Alaska Summit – And Here We Go Into September

We are watching the initial dog & pony show where Trump parks nuclear-capable jets on both sides of the red carpet and then has a B-52 flyover. Meanwhile, Vladimir Putin has prepared to test a new missile in a move aimed also to show force, which is expected from both sides. This is just for […]

The Recession is Far More Complex Than Most Expect

QUESTION: Your model has projected a recession into 2028. ZeroHedge publishes “If everything is going to be just fine, why are thousands of stores closing all over the country?  So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square feet.  We have never seen anything […]

US Treasury to Print $500 Bills?

Rumors are circulating that the United States may begin to print $500 bills. The US Bureau of Engraving and Printing began printing $500 bills in 1861 until 1945, formally discontinuing them in 1969 when Nixon moved to close the gold window. The US Treasury has since required banks to send all $500 bills back to […]

Incoming US Centralized Federal Government Database — When Data Becomes Power

If you were unfamiliar with the American analytics company Palanatir Technologies, prepare to hear about it on every news channel in the coming months. Donald Trump secured the presidency twice because he was the anti-establishment candidate. The White House has tasked Planatir with developing an extensive centralized federal database to house the personal data of […]