1) Kind of looks like the long awaited commodity breakout may be imminent.
There has been an ongoing game of large entities pretending inflation was a trivial thing, even after the vast spending for Covid. It's unlikely that deception will be exposed as deliberate, which it was.
Eventually the Eurozone will fully splinter.
"U.S. Home-Price Growth Slowed Again in October"
"U.S. home prices surge 18.4% in October"
It's like saying "Your cancer has only spread to five new organs this week, which is better than last week. And you only have three organs left without cancer, so next week there should be more good news."
People are not buying homes to live in, they are buying them as a commodity. In other words an increasing percentage of 'home sales' are going to large institutions and investors in preparation for inflation.
It's part of the 'inflation mystery scam' in which big institutional investors have an extended period of time to pad their portfolios until the average person is clued into the significance of the accelerating growth in money supply, combined with the loss of the U.S.' ability to plunder abroad in support of the dollar.
3) Bitcoin Conundrum
Bitcoin has reached the level of 'large investor' adoption such that it sort of has to have clean charts.
But there is a huge weak spot at usd $20,000 to $22,000.
So, it stands to reason that there has to be a drop to that level at some point.
On the other hand though, bitcoin was created, or at least is being used, to fulfill a very specific function which requires a much higher market cap than it has now.
There clearly are vast government resources available to continue the pump, but in order to gain mainstream credibility the chart has to be cleaned up. How is this contradiction likely to be solved?
There has to be a growing realization among big fish that the math securing bitcoin i.e., public key cryptography, will be exposed shortly. It just isn't possible to continue hiding it. When there were 10,000 cryptographers in the world, and they were vetted and cleared or eliminated easily, things were simple. But today at any moment an articulate mainstream science writer could point out the pkc weakness in a way that could not be refuted.
So the most likely scenario is a mad dash up in bitcoin to get market cap in the $10T+ range, then heavy effort by bureaucrats to push more people into bitcoin, then a rug pull.
An interesting company appears to be setting up for the eventual exposure of public key cryptography.
4) The first sign that the overhot economy is about to become overcold
The supposed 'overpowered recession' wasn't overpowered, it was buried in the Pet Sematary.
The U.S., or more accurately the U.K., needs to do everything it can to hide this fact, because once the taper is called off the game will largely be up.
The problem is that the more the bill is deferred the faster it will grow.
The smart move would be to quickly force local sovereign economies with an emphasis on surviveable indigenous economies in the new world to undercut China.
But that crew is not in this position due to smartness.
5) The original purpose of governments was to serve individuals through a managed economy
Although this 'objective' no longer exists in any recognizable form i.e., its a purely gangster field now, governments continue the ruse, for example by suggesting that invading Afghanistan had something to do with 'freedoms' or liberties.
In every place where an individual's liberty is limited the biggest element in limiting starts with economics.
A lot of people theorize about why abused women don't walk away from unpleasant circumstances, and that theorizing is meant only to hide the obvious.
If a person cannot go to a less unpleasant environment due to finances, all of the theorizing is nonsense at best.
At the beginning of the last century women did not have the ability, in most cases, to leave an unpleasant place, due to economic reasons. They didn't have the right to vote either. Both of those things in the United States, whose wealth then increased relative to the world, until liberties were commodities more people could trade.
A UBI in a country like Afghanistan would necessarily be very low, less than a dollar a day, but it would let marginalized low income individuals to pool those resources, for example for basic survival, and would have more of a civilizing effect than invading and targeting civilians.
6) The Mormon religion produces decent people, almost nobody would dispute that
People raised in that group have higher than average standards in the U.S. in almost any regard, including in business.
But Mormon leadership, the 'executives' of the church, have long been accused of having quite low and self serving goals.
One aspect of the Mormon church is its focus on genealogy. Historically that interest has been 'quaint', something they use to pass the time.
Then several years ago one of their genealogy databases intersected some dangerous interests typically associated with the dark side of government.
This intersect, aside from its unpleasant social implications, is a rapidly growing high dollar field of increasing importance to 'private security' type orgs, an element of society which acts as a shadow government in defense of those with the most power.
7) Self Explanatory
"The world is paying us to hold their money"
"Have you ever heard of the US dollar, the world's key reserve currency?"
"Billionaire US fund manager Stanley Druckenmiller delivered an apocalyptic warning earlier this month that the dollar could cease to be the predominant global reserve currency within 15 years"
Two or three years is probably the extreme outside of the dollar's reserve status.
8) Water is becoming a big issue in a lot of places, and will have a great economic impact
It's darkly fascinating that this issue has been widely discussed since the 1980s at least, yet industrialized countries like the United States ignore it.
This is kind of the exact type of thing government is created to solve. Invading countries to benefit the oil consortium or to preserve a drug business controlled by powerful people is not really the government's job, but it spends billions of dollars a year on that. Preventing a catastrophic water shortage is their job.
So, a person has to wonder if bureaucrats have caught the 'blue flu'.
Are they doing what police do? Refusing to do their job until people cower and beg them to do what they have already been receiving paychecks to do?
That is not to say that the job of police is to fabricate insurrections out of trivial protests.
9) Gold seems to be breaking out of its trading range
The U.S. and Britain want to postpone this, but the more they wait, the higher the cost.
One possibility is new 'recession talk' in the next few weeks with data to support it. This would be a replay of the start of Covid, or the months before Covid, and would point to another Covid like event on the near horizon.
10) Venezuela has more oil reserves than any country, including Saudi Arabia
And it looks like their oil industry is gaining traction.
At least until the United States announces that Al Qaeda in Venezuela is responsible for global warming.
11) Enforced Stupidity and the Upcoming Rug Pull, or 'Sorry Virginia, Santa is Dead', or 'Turkey & the U.S., who is following whom?'
As long as there is no public discussion about how the U.S. used its power of controlling foreign economies to maintain the dollar, there will be no protection against the ability of other parts of the melting pot to do a massive rug pull which will wipe out the dollar.
"Yet there has been no widespread backlash. There is no tea party movement, or Ross Perot– style political candidate warning America about unrestrained red ink. Congressional Republicans have gone largely silent on this historic borrowing spree, and polling by the Pew Research Center shows the public’s budget deficit concerns plummeting over the past decade. Financial markets have shrugged off this surging debt. Most surprisingly, even economists have heralded this new era of red ink. Leading mainstream Democratic economists Jason Furman and Lawrence Summers have written: “Washington should end its debt obsession,” while Trump economic advisor and noted conservative tax cutter Lawrence Kudlow has called the debt “quite manageable” and not “a huge problem right now at all.”"
Covid was clearly a collaborative effort by a few Chinese and U.S. scientists, but the economics of the pandemic make a person wonder if the 'independent' scientists were not controlled by a partisan or 'government' with an interest in exposing the long term U.S. dollar fraud.
An interesting psychology note involves the name "Manhattan Institute".
Britain's artillery has been landing on its own troops, and a sub group within its core, or its outer core, has been looking for a solution via the normal melting pot route i.e., by copying historical 'successes.
Can they correct their past mistakes fast enough to outrun their own shadow?
Unfortunately, the rot extends so far in every direction, and is so corrosive, that no enemy is needed to conquer Britain / the United States.
12) Price Controls, Hmmmm
And for our next trick we could create a monopolistic currency, we could call it the dollar or 'The U.S. Peso'.
13) "extends gains above 1.6%", If you can't dazzle them with brilliance, baffle them with economics
At any rate, it looks like Britain is going to go for broke.
At some point Japan will realize they have been hoodwinked by the U.S., which was being puppetmastered by Britain, and the Japanese are likely to move Japan back to Asia.
14) Is inflation going to be more than people suspect?
The Wharton School is probably the most respected economics school in the world.
15) Suspiciousness is probably warranted
"and it is expected that, with this plan, the balance sheet will be below $3 trillion by 2020"
Big investors know that the cat is out of the bag regarding inflation, and the bureaucracy is discreetly paying them piles of money to keep the secret.
At some point, unless the U.S. wants to become a chaotic anarchy, the shoveling of money has to start being in the direction of those with the ability to riot.
Although the 'police state' alternative looks more likely, it would be so annoying aside from delivering the world to even worse police states.
Here is an article explaining why interest rates and stocks are moving up together. It should probably go in the propaganda section since the real reason is that big institutional investors are buying before inflation not ignoring it.
16) U.S. citizens have not heard 'bitcoin is the new gold'?
Or has the U.S. Mint not gotten the memo to that effect from the NSA, and adjusted their numbers?
17) One of the most predictable, and severe, problems the United States is about to face could be easily solved with common sense zoning laws
When common sense is illegal maybe a nation deserves what it gets, but as usual only the weak will pay.
18) The real news?
This article paints a picture of an economy continuing to expand.
But this page from 2017 puts that news in a different light.
19) Breaking news sometime in the next year or so
And the set up.
20) The truth nobody wants to say
QE has become a permanent part of the economy, and its purpose is to keep liquidity a step ahead of inflation until dependence on the dying dollar can be dealt with.
Economists know taxes are irrelevant at this point, and any effect playing with interest rates has is cosmetic, at best.
Aside from eliminating the dollar before other countries eliminate it, the only solution is a controlled devaluation like a target inflation rate of 20% which will let emergency money be printed under cover of 'economic policy'.
Large investors have known this reality for a while, which has let them move into commodities and hedges, and the Fed has been deliberately hiding that from the public.
Not really anything criminally dishonest, until the lie
"Officials also are considering an earlier timetable for shrinking their $8.76 trillion bond portfolio"
which is a blatant cue to big investors that the Fed will continue giving information they know is not true to help their big fish buddies consume small investors.
The Fed has absolutely no intention of reducing its balance sheet. Ever. It would be like raising taxes massively. The only purpose of pretending they intend to do that is to lull small investors into confidence in the underlying soundness of the dollar. Big investors know the ruse and are hedging.
Here is another blatant deception.
This is not the 1980s when the public debt could be shuffled with smoke and mirrors abroad.
Powell knows that raising interest rates is only to pacify old hawks and get the money supply galloping along with inflation.
After interest rates cross 10 or 15% there will be more discussion publicly by economists about the difference between Powell's world and Volker's world. Once people start figuring the global scam Britain has engaged in since before WWII there will be a global reset.
The real 'supply chain' story is that Britain and its subordinate societies have gained control directly or indirectly of nearly the entire supply chain for most industrial commodities across the board. Britain now is trying to bring China into its fold via Australia which is a colossally inept move. The Chinese need only tweak their internal policies a bit to throw Britain under the bus, and they will do it in such a way as to promote the fracturing of Europe.
21) "the economy keeps buckling at lower and lower interest rates"
This is pretty significant and widely ignored. If the Fed pushes up rates to appease 'hawks' who support conventional economics and are not paying attention to real numbers, they make a slowdown more likely, which forces more easing which will be inflationary.
Notice in that article Gundlach says about Bitcoin “Maybe you should buy it at $25,000”, a level which is mainly based on the notion that mainstream equity charts have to be 'clean' without major long term gaps unfilled. He has gotten far by following mainstream rules, but in this case he is being a bit too mainstream and giving an opinion on something based only on technical factors i.e., charts, and ignoring fundamentals which could push bitcoin well under that level.
22) It is mind boggling that no mainstream articles point out the obvious
How is the fed supposed to deal with its balance sheet?
The balance sheet is like an instant trillionaire the fed created so it could borrow money. It controls the decisions of the trillionaire, so the fed can have that trillionaire invest in places which benefit the economy short term.
The theory is that the economy will pick up medium term and the trillionaire can ask for the money back, and the money can then be disappeared, as if the trillionaire 'balance sheet' never existed.
When that idea first started, the numbers were manageable. A few billion could realistically be repaid.
But as Jeff Gundlach points out in the article above each cycle of feeding the trillionaire has less and less effect.
So not only can the fed not pay back a small part of the balance sheet, which would have an outsized effect, it certainly cannot pay back a lot of it.
Can the economy expand fast enough to make the balance sheet numbers irrelevant?
9 trillion balance sheet divided by 329.5 million population = $27,314 which every man woman and child has to pay to the invisible trillionaire.
And that's in addition to the national debt which is about $89,000 per person https://www.usdebtclock.org/
It might have been possible when Britain and the U.S. had full control of the global economy, and could extract real wealth from any country.
Today it simply isn't possible for the British consortium to control other countries to that extent, and the more it tries, the more it will get clobbered.
23) Finally an important question gets asked on cnbc
What happens if the economy slows while the fed is pretending it will 'tame' inflation by raising rates?
Next question / How long has the fed known a dramatic slowdown would follow the overheating it promoted?
24) One of the things the U.S. did when it was in Afghanistan was to finish moving all that government's gold and other reserves to the U.S.
Then, once the U.S. withdrew troops, it froze all those assets so Afghanistan would be forced into economic collapse.
In other words the stranglehold the British and its derivative societies use to control the global economy is wearing thin, and at this point even a country like Afghanistan poses a threat to their control if allowed to develop.
Another thing that is crumbling is the fiction that melting pot countries are out to help stop poverty, promote this or that group's rights etc.
"Malnourished children with withered arms have been arriving at clinics in Afghanistan for months now"
It isn't the Taliban deliberately killing those children, it is Britain and the U.S. hiding behind the Taliban.
It's all about the financial control needed to prevent emerging countries from destroying the British control of the global worldview.
As British influence around the world continues collapsing, most of the global population will be forced to operate under a different face of the melting pot e.g. China, then in a hundred years under another, probably India or Brazil or Indonesia, on and on.
At some point, it could be a week or it could be three hundred years, local interests will have enough defensive ability to beat back the melting pot and enforce local sovereignty.
Meanwhile, China has the warning, from the British experience, about the threat posed by local tribal groups, and their technology will shift to continuing the British focus on control and surveillance.
One of the most important effects of Britain ignoring, and passing on, its responsibility towards the survival of less powerful tribes is that for the foreseeable future there will be more and more resources needed to combat sabotage of space programs.
At some point countries will be forced to do extensive background checks on people working on space related projects, and new agencies will constantly be popping up to control narratives, propagandize, enforce loyalty etc.
One of the big ironies is that Britain is following the exact footsteps of Jews much earlier, and when the worm turns and an Asian power starts resenting the space and oxygen used by Europeans, Britain will bear the brunt, including within Europe itself, until it becomes the Japan of the early 20th century minus any imperial power which has been stripped by then.
Physical pressures of limited space are much more acute now, and the likelihood of outer space opening up is dimming fast enough, despite propaganda, that the next time the cycle plays it will get started much more easily and become much messier than in the past.
25) How high will Australia and China push rare earths?
Most of the 'ready to market' rare earths in the world are controlled by companies that are, in turn, controlled by a British and Chinese consortium, with Australia being the 'British' side.
They have control over U.S. reactions to historical rare earth supply imbalances through British influence in the U.S., and are trying to use that as one of many levers to shift power from the U.S. to Australia.
Like the oil consortium though, this is not just a political strategy, it's got a heavy mix of profit motive.
For the British the most important element in their strategy is corrupting Chinese political strategists who might interfere. China has a history of fighting corruption to some extent, while British success has always derived from using local corruption to take over and control 'weaker' nations.
A person could easily guess that the Chinese may be using Britain's long term strategy against Britain.
26) And Gomer Pyle says 'Golly, Imagine that'
27) Corruption in the United States has reached a whole new level
In that article a big investor is urging the Fed to make a big interest rate hike to 'restore its credibility'.
He knows exactly what will happen when interest rates start going up, so what is he actually doing?
He is part of a growing crowd of extremely wealthy people using common ignorance about economics to overtly push for policies which most people will react to by putting money in the wrong places.
His comment makes clear that he has hedged investments anticipating a slowdown.
His wealth makes clear that he knows what will happen when interest rates rise.
His boldness in giving bad advice makes clear he is so confident in the stupidity of the mainstream, and so certain nobody will tell the truth about the U.S. economy, that he is not worried about being exposed.
It's sort of like a person telling a coworker to smoke a joint to relax for a drug test before the two will compete for a promotion.
Notice his use of the phrase 'shock and awe' to signal that he is taking the lead in a scam.
28) A pretty big warning sign about crypto generally, again
A hack that involves compromised 2fa of a number of individuals + a hotwallet attack on the exchange.
The appearance is that one of the hacks was meant to cover the other, i.e., the hotwallet hack distracts from the 2fa.
Whether or not this example is related, enough signs are out there already to cast doubt on public key cryptography.
A person might still have years to trade before it is exposed or it could happen in a week.
29) Somehow the fed now has to inject money more discreetly into the economy, but how?
"In fact, they said that the spike in the 10-year yield “tells us that investors are less willing to pay a safety premium for bonds and isn’t bad news for stocks per se.”"
It's likely the fed has some unknown tricks yet to play in order to postpone a contraction, but those tricks, at this point, pretty likely involve increasing the money supply in some way that does not get discussed negatively.
The game now is not focusing on preserving decades of dollar strength, but on short term dollar survival.
What will the U.S. do to give the fed ground to increase money supply?
30) Unless the west can convince China to accept delusions as payment for trinkets, problems are going to develop soon