Category Archives: The Mine or the Shaft

You figure it out. Which will it be? Only time will tell!

DEBT SLAVERY + FAKE MONEY = FINAL COLLAPSE

Over the last 150 years, the West has gone from human slavery to debt slavery. Slavery was officially outlawed in most countries between the mid 1800s and early 1900s. In the British Empire, it was abolished in 1834 and in the US in 1865 with the 13th amendment.

But it didn’t take long for a different and much more subtle form of slavery to be introduced. It started officially in 1913 with the creation of the Federal Reserve Bank in New York. More than 100 years before that, the German banker Mayer Amschel Rotschild had stated: “Give me control of a nation’s money and I care not who makes its laws.” The bankers who gathered on Jekyll island in November 1910 were totally aware of the importance of controlling the country’s money and that was the objective of their infamous secret meeting which laid the foundations to the Fed. The Fed is officially the Central Bank of the USA but it is a private bank, owned by private banks and for the benefit of private banks and bankers. Continue reading

Bad news for the stock market: The Hindenburg Omen is back

Strategist alarmed by frequency of technical pattern in recent days

The Hindenburg airship flies over Manhattan in one of its last journeys..

The dreaded Hindenburg Omen is back.

Named for the German airship that met its demise in a fiery crash 80 years ago, the appearance of this technical pattern sometimes portends a stock-market crash. Continue reading

The Federal Reserve Is Destroying America

…and wait until you hear what they’re getting away with now!

Perhaps I should start with a disclaimer of sorts. Yes, I realize that the people working at the Federal Reserve, as well as the other central banks around the world, are just people. Like the rest of us, they have egos, fears, worries, hopes, and dreams. I’m sure pretty much all of them go home each night believing they are basically good and caring individuals, doing important work.

But they’re destroying America. They might have good intentions, but they are working with bad models. Ones that lead to truly horrible outcomes.

One of the chief failings of central banks is that they are slaves to an impossible idea; the notion that humans are free to pursue perpetual exponential economic growth on a finite planet. To be more specific: central banks are actually in the business of promoting perpetual exponential growth of debt. Continue reading

Does The Vatican Hold A Mortmain – Mortgage Over “Your” Nation State

~ Forewards ~
Since the early 70s I have had an avid interest in financial carrying-ons of “big money” around the world. Periodically, you hear mention of various organizations, many of whom have three initials for a name, who have all the power and control the world. Only some of this is BS. Unfortunately, this is a train of financial command that goes back to the days of Nebuchadnezzar in Babylon. Truly if you control a nation’s money through a stranglehold on loans and interest rates then as long as you are out of the physical arm’s reach of the king or other leaders you are the one in power. ~ J. Pickelsimer

The Fed gets its orders from the Queen Mum of All Banks, the Bank of England – aka, the Bank of Rothschild.

Considered by many to be the world’s most powerful institution – the power behind all presidencies, dictatorships and thrones – does the Bank of England answer to any other bank? Well, yes, actually. The Bank of Rome began opening branch offices in Venice in 1587. Bank of Rome = Vatican Bank controlled by the Jesuit General, aka the “Black” (hidden, shadowy) Pope. The Jesuit’s Bank of Rome opened its Bank of England branch in 1694. Continue reading

Does the Fed Really Have 6,200 Tons of Gold in a Manhattan Vault?

With limited inventory information available, skeptics abound.

In the James Bond movie Goldfinger, the title villain targets the gold reserves at Fort Knox. Maybe he should’ve had his sights set on the Big Apple.

According to the Wall Street Journal, the Federal Reserve vault, which lies 80 feet below 33 Liberty Street in Lower Manhattan and is further protected by armed guards, contains 6,200 tons of gold worth between $240 billion and $260 billion. (Goldfinger wouldn’t have had any issue keeping Pussy Galore on his side with that type of haul.)

But skeptics abound, given the little inventory information available about the vault’s contents—and the overall lack of information the Fed itself has released about it. Said former Fed chairman Alan Greenspan to the Journal: “When you deposit your funds in a bank, should that bank make your account balances available to whomever asks?Continue reading

The Madness Is Back: Homeowners Take Out Mortgages To Buy Bitcoin, Cars And Wine

It’s been about a decade since the term “mortgage arbitrage” made headlines. It’s back.

In the clearest sign yet of just how late far the investing cycle the developed world finds itself, the FT writes that wealthy British homeowners are again borrowing against their property to invest in bonds, equities, alternative investments or commercial property as the low cost of debt creates opportunities for “mortgage arbitrage”. And while taking out a mortgage to invest in “safer” arbs like corporate bonds, commercial real estate or private equity would be at least understandable, if not excusable, in the current low-yield regime, some more extreme “investment” decisions suggest that the madness and euphoria that marked the peak of the last asset bubble is back: because while growing numbers are prepared to risk using their primary residence as collateral, some are ready to gamble on extremely volatile assets like bitcoin, wine and cars. Continue reading

Survey Finds Baby Boomers Are Roughly $30 Trillion Short On Retirement Savings

There are roughly 76 million Baby Boomers in the United States that are about to transition out of the highest wage earning years of their lives and into retirement where they’ll be making precisely nothing. Unfortunately, as MarketWatch points out today, those Baby Boomers are woefully unprepared for what awaits them. Continue reading

What if you were told…

You have 78 days left to spend your old (£1) coins

BRISTOL, ENGLAND – JANUARY 16: In this photo illustration, Pound Sterling coins and notes are seen on January 16, 2017 in Bristol, England. Sterling has dropped sharply following reports that British Prime Minister Theresa May is to announce that the UK is planning a so-called ‘hard’ exit from the European Union. According to the exchange firm Travelex, UK travellers buying US Dollars are now getting the lowest rates since 1986, being offered just $1.17 for every pound. (Photo Illustration by Matt Cardy/Getty Images)

People are being urged to dig out their old coins before the legal tender status ends – as the new pound becomes more common.

If you are one of those people who like to collect their loose change in a jar then this news could be very important to you. Continue reading

Bitcoin: Fake Asset or Security?

“I came of age on Wall Street when the Chairman of the Federal Reserve Board—he was William McChesney Martin—condemned even trace amounts of inflation as an economic and moral evil. In the interval of 1960-65, there was not one year in which the CPI registered a year over year rise of as much as 2%.” ~ Grant’s Interest Rate Observer

We’ve all heard of fake news, but consider the growing possibility of fake or at least virtual assets. Investors face a deliberately orchestrated shortage of real investments c/o global central banks in markets such as stocks and real estate. Is there any wonder that the financial engineers of Wall Street have again begun to manufacture new derivatives leveraging the real world?

Case in point, bitcoin. The most recognized “digital currency,” bitcoin is a form of high-tech gaming instrument that fulfills just one of the traditional roles of money, but is among the world’s fastest appreciating – and most volatile– “asset” classes. Continue reading

The Cartel Has Completely Devastated The Metals Market…

Causing Serious Problems In Other Minerals Outside Of Precious Metals

With the world seemingly in economic and geo-political shambles, those concerned with the real possibility of collapse continue to position themselves in precious metals. As highlighted by SGT Report in the five-minute metals update below, physical acquisition of gold and silver continues unabated, with Silver Eagles once again hitting month-over-month sales records in July. Moreover, the supply of gold appears to be dwindling. Coupled with heavy investment demand, this suggests that prices may soon jump to the upside as investors continue to shift into the asset class of last resort and larger gold and silver mining companies move to lock in physical assets through junior mining acquisitions. Continue reading

Banks Are Scheming to Dominate a Future Cashless Society

Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments. As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign. Under the guise of increasing transparency and efficiency, they’ve partnered with governments around the world to help convert financial systems into cashless models, but their real incentive is the billions of dollars in extra transaction fees it would generate.

“We are declaring war on cash,” Visa spokesman Andy Gerlt proudly proclaimed after the program was announced. Continue reading

Coinbase to suspend all accounts on August 1st as “civil war” hard fork hammers Bitcoin… massive fraud now the norm at Coinbase

There is no longer any question about it: Coinbase is a massive fraud and appears to be engaged in widespread criminal conspiracy. Coinbase is the most popular online wallet for Bitcoin, and I have previously reported on how Coinbase has seized Bitcoins from users in Wyoming and Hawaii, preventing them from accessing their coins even if they move their residency to a different state.

Coinbase is currently taking WEEKS to respond to urgent queries, I’m being told, and they provide no working mechanism whatsoever for users in Wyoming or Hawaii to change their state of residency. When those users attempt to login to upload new IDs or change their address, they are given “Unable to create account” errors which state that “Coinbase has indefinitely suspended its business…” in their old state. In effect, Coinbase has stolen all the Bitcoins from users in those states and may have already absconded with those Bitcoins. Continue reading

America’s Disneyland Economy

It’s ‘Fantasyland’ – doncha know?

Disneyland is known as a place “where dreams come true” and where every story always has a happy ending. But there is going to be no happy ending for the U.S. economy. Wishful thinking has resulted in one of the greatest stock market rallies in history in recent months, but like all childhood fantasies, it won’t last. The real economy continues to deteriorate, and we can see this even right outside of the gates of Disneyland. Every night growing numbers of homeless people sleep on the pavement just steps away from “the happiest place on Earth”. It can be fun to “play make believe” for a while, but eventually reality always catches up with us. Continue reading