China’s trade war with Australia backfires, millions without power!

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Beijing blacklisted imports of Australian coal as part of the trade war last month  Some 80 ships carrying $1.1b worth of coal are sitting off the Australian coast  Coal prices have skyrocketed in China as domestic supply struggles to keep up Now provincial governments are imposing restrictions on electricity usage There are power outages and … Read more

Catherine Austin Fitts –Reset Means Digital Control System. Governed by Demonic Spirit or Divine Intelligence

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Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the reset is “the end of currencies.” She goes on to say, “It’s the death of currencies. Currency is something that is liquid. Currency is something I can put in my pocket and walk away. This is a digital control system. This is … Read more

Austria bucking Trend Against Digital Currency

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by Martin Armstrong The Austrian National Bank has started an information campaign to support cash. It remains to be seen whether it is on a collision course with the ECB. There will be rising resistance to this scheme to eliminate paper money and force everyone into a digital currency. I would expect you will see the same resistance … Read more

South Carolina Bills Would Cut Taxes on Gold and Silver, Support Sound Money

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via schiffgold Three bills prefiled in the South Carolina House would cut taxes on precious metals and take important steps toward treating gold and silver as money instead of as commodities. Passage of these bills would also set the stage to undermine the Federal Reserve’s monopoly on money. South Carolina is the first state to propose … Read more

CDC: Drug overdoses skyrocketing in US with over 81,000 deaths in 2020

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Drug overdose deaths have substantially increased in the U.S., and set a new record for fatalities in the year ending in May, the Centers for Disease Control and Prevention announced. The CDC’s Health Alert Network released a report Thursday saying 81,230 drug overdose deaths occurred during that time starting in June 2019. “This represents a worsening of … Read more

Chamath insider traded, cut and dry. He should be jailed.

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When @chamath sold stock Monday, he must have known the secondary was coming. That’s Material Non-Public Info any reasonable investor would have thought would hit the stock. Chamath insider traded, cut and dry. He should be jailed. https://t.co/uFRhv8mCJL pic.twitter.com/3XDbOiO03c — luis carruthers (@orthereaboot) December 18, 2020

A new dollar is going to emerge out of a crisis of the debt which people have no idea how bad it is going to get.

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https://twitter.com/Ben__Rickert/status/1339911245529378817 The dollar follows the deficit. The wider the deficit the lower the dollar. 2021 doesn't look any better pic.twitter.com/ZKEmEavU7G — Menthor Q (@MenthorQpro) December 18, 2020 Fed’s balance sheet notches a new record at $7.36 trillion@federalreserve pic.twitter.com/laAC2J6IkJ — Liz Ann Sonders (@LizAnnSonders) December 18, 2020

After the inclusion of TSLA, the market-cap weighted 2-year forward P/E of the S&P will rise from 28.9x to 31.0x… And NOBODY is hedging for a correction.

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After the inclusion of TSLA, the market-cap weighted 2-year forward P/E of the S&P will rise from 28.9x to 31.0x pic.twitter.com/gPuf4flum8 — zerohedge (@zerohedge) December 18, 2020 📌Investors Intelligence:Bulls> 63.3%Bears> 17.2%Spread> 46.4 pic.twitter.com/DLkX5gHyus — Antonio Pérez-Algás (@apanalis) December 18, 2020 https://twitter.com/NorthmanTrader/status/1339895849615290368 The one thing that concerns me about being long going into the "Santa Claus" … Read more

#DXY Could it be…..?

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#DXY Could it be…..? pic.twitter.com/X2O7LGzXfr — Henrik Zeberg (@HenrikZeberg) December 18, 2020 MONEY 💰 &VELOCITY 💪 pic.twitter.com/nzdmM1SeOp — Win Smart, CFA (@WinfieldSmart) December 18, 2020 #NIKKEI ,1980 #300YCycle top pic.twitter.com/VIp5fMWswk — Antonio Pérez-Algás (@apanalis) December 18, 2020  

Why central banks cannot normalize, even in growth periods.

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Why central banks cannot normalize, even in growth periods. – Monetary policy incentivises unproductive debt.– Debt to GDP rises in crisis and growth periods.– Even the smallest rate increase generates a bankruptcy domino.– Governments never allow central banks to normalize. pic.twitter.com/rHS9IuZ66Y — Daniel Lacalle (@dlacalle_IA) December 19, 2020  

Chris Vermeulen provides his outlook for both gold, silver and the mining shares as we head into 2021

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Sprott Money, Released on 12/18/20 Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic. Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder … Read more