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August 23, 2019 - pt 2

Friday, August 23, 2019

AUGUST 23/CHINA INITIATES TARIFFS//TRUMP THROWS A TANTRUM//THE KING OF KLOWNS ON K STREET CONTINUES TO FUDDLE AROUND AND THUS WE HAVE: GOLD UP $28.50 TO $1527.30//SILVER IS UP 37 CENTS TO $17.43//TODAY’S EVENTS WERE BASICALLY CHINA VS THE USA//HUGE SWAMP STORIES FOR YOU TONIGHT AS WELL/

 

Stocks Plunge After Trump Vows To Retaliate To China "This Afternoon", Orders US Companies To Find "An Alternative To China"

Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon.

 

In Unprecedented, Shocking Proposal, BOE's Mark Carney Urges Replacing Dollar With Libra-Like Reserve Currency

While it was unclear if Carney was focusing on Libra as the new reserve currency, or simply was hoping to find something against which the dollar could be devalued, the proposal was clearly shocking as it suggests that the central bank quiet acceptance of cryptocurrencies (especially in Japan) has been what many have speculated all along: a "currency" against which fiat money can be devalued in hopes of sparking fiat hyperinflation that inflates away record amounts of fiat debt.  "In the longer term, we need to change the game. When change comes, it shouldn’t be to swap one currency hegemon for another."... 

(This is no surprise for those who have followed our news items for some time.  There was a hard asset conference in New York May 12-13, 2008 with two featured speakers. Benn Steil, Director, Interntional Economics CFR. He talked about the Coming of Global Gold Digital Currency. The other featured speaker was Larry Kudlow, who recently joined the Trump administraion as a economic advisor. These people always tell us in advance what is coming. Depositories have been set up. The first one in the US, I seem to remember, was in Texas. These places store you precious metals and issue you a debit card which lets you to make purchases against your holdings - at the metal price which is fixed each day.

The shocking idea of 50 year and 100 year bonds has already started overseas, and is being bandied about in the US. Yields are negative already in many places, and it costs everyone to have a bank account these days. Young people don't realize that  the store-keeper or merchant incurs bank charges every time either a debit or credit card is used. You can see how the new proposals will be embraced by the public. Also, ignored by most - all these charges - either debit or credit - are a record of your habits. It is easy to set up a profile on each and every person with this system. It sure will help with the psychological profiles that are coming with new gun ownership proposals and other laws which are looming.)

 

PRE-CRIME HYSTERIA SWEEPS THE NATION AS DOZENS ARE ARRESTED FOR MAKING INTERNET AND SOCIAL MEDIA 'THREATS'

The nationwide hysteria following mass shootings that occurred earlier this month in El Paso, TX and Dayton, OH is spiking, as dozens of people have been apprehended and charged after making supposed threats on social media and other digital forums in recent weeks.

 

Say No to the “Cashless Future” — and to Cashless Stores

I went to a counter-serve restaurant recently, and when the time came to pay for my order, took out my wallet, presented a $20 bill, and was told, “Sorry, we don’t accept cash.” I was flabbergasted. What happened to “legal tender for all debts public and private,” as it says right there on the bill? This has now happened to me at three separate establishments in recent months. The rise of cashless establishments is happening amid continuing hype over the supposed dawn of a “cashless future” and agitation by some very powerful interests that would love to see cash disappear. The credit card companies love it, naturally, and tech industry associations have also pushed for the concept.

Meanwhile, a backlash has prompted several cities and states including San FranciscoPhiladelphia, and New Jersey to ban cashless stores (they’ve also been banned in Massachusetts since 1978). One salad chain, Sweetgreen, reversed its decision to go cashless amid criticism, and Amazon, which had reportedly been opposing legislative bans, has since announced that it will accept cash at its automated, cashier-less convenience stores. (As for the “legal tender” statement, that does not actually mandate the acceptance of cash for payment.) It is great to see this pushback against the supposed cashless future because this is a trend that should very much be nipped in the bud. There are several reasons why cashless stores, and a cashless society more broadly, are a bad idea. Such stores are: ... https://www.activistpost.com/2019/08/say-no-to-the-cashless-future-and-to-cashless-stores.html

 

Post Market: A Wrecking Ball Is Coming.. It May Be Sooner Than You Think. By Gregory Mannarino

Greg makes some serious suggestions about Mr. Trump. What do you think?  

https://www.traderschoice.net  https://www.youtube.com/watch?time_continue=3&v=QzMzMmdhY48

 

Goldman: Trump's Decision To Delay Tariffs Was Seen As Weakness By China, And Escalated The Trade War

The recent US decision to delay some tariffs could even paradoxically prolong the trade war since it has been seen as a sign of weakness, at least by some in China, and could make the Chinese government less willing to soften its stance to reach a compromise.

 

Illegals Fail To Scale New Border Wall

https://www.investmentwatchblog.com/illegals-fail-to-scale-new-border-wall/

 

ZENDRIVE CAN TURN DRIVERS SMARTPHONES INTO INSURANCE SURVEILLANCE DEVICES

Leave it to Zendrive to create a safe driving app that can turn your smartphone into an insurance surveillance device. Zendrive encourages people and companies to download their safe driving app which uses a person's smartphone to detect unsafe driving habits.

 

FEDS INTERCEPT NEARLY 53,000 ILLEGAL CHINESE GUN PARTS IN LOS ANGELES

LOS ANGELES — U.S. officials have intercepted and seized almost 53,000 illegal Chinese gun parts in three separate shipments at the port of Los Angeles/Long Beach.

 

HOW THE PLASTICS INDUSTRY IS FIGHTING TO KEEP POLLUTING THE WORLD

I’ve been seeing the bales of plastic piling up at my local dump and I thought, “Why not make building materials out of all this stuff?” It turns out that there are some small moves being made in that direction.

 

SHOCK VIDEO: Overstock CEO Resigns Then Drops BOMB on LIVE TV; Tech Boss Said he Spied for FBI on Trump, Ted Cruz, Marco Rubio

On Thursday, Patrick Byrne went on live television to dismantle the FBI, saying he took orders from Peter Strzok during the 2016 presidential election to spy on Donald Trump, Ted Cruz, Marco Rubio and even Hillary Clinton... https://truepundit.com/shock-video-overstock-ceo-resigns-then-drops-bomb-on-live-tv-tech-boss-said-he-spied-for-fbi-on-trump-ted-cruz-marco-rubio/

 

Russia Just Launched Its First Humanoid Robot Into Space

"In the future we plan that this machine will also help us conquer deep space."  (Interesting comment considering that we are told the US did go into outer space with the moon shot.)

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