“You can't jump into cash. Cash is trash. Because they’re going to print money.”

-Bridgewater founder Ray Dalio

Iranian Quds commander Qasem Soleimani[1] was assassinated in Iraq today by the USA.[2] He is a veteran of the Iran-Iraq War (the USA armed both sides as evidenced by the Iran-Contra Scandal[3]), a friend of Hamas Hezbollah, and an enemy of ISIS.

The guns fall silent.
Silence sings a loud moan,
And all the valiant,
Die in the trenches alone.

On Saturday, the 21st of December 2019, Malaysia ended a summit on several issues affecting Muslims, including discussing returning to a gold standard with Iran, Qatar, and Turkey.

Some people think we are not in a depression because their neighborhood looks fine and the talking heads on TV are parroting talking points about the strong economy. If an official said that we were in a depression today, it would only be because of what was already happening in the real world. You don’t need an expert to tell you what is already true. “Experts” are just like horse-blinders that cause you to ignore what is going on around you.

“We should be happier to have a job than to have our savings protected.”

-Christine Lagarde, President of the ECB and former Chairwoman of the IMF, Oct 31st, 2019

“And I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

-Thomas Jefferson, 1816

Increasing stock prices in 1923 did not reflect the strength of the German economy; rather, the prices reflected how much value the German money was losing. Do not simply look to stocks declining to predict a recession. Look to banks printing money and why: debt.

Before becoming president, Donald Trump was warning about inflation. Now that he is president, he wants the Fed to print money and lower interest rates. No wonder central banks and nations are buying gold.

The Slovaks have an additional reason to be wary of putting any new purchases of gold in London. In 1938 the NAZIs annexed the Sudetenland from Czechoslovakia. In 1939 the NAZIs invaded. The newly conquered Czechoslovakians had their gold transferred to the NAZIs by the Bank of International Settlements (BIS) in London

Macron: “We are undoubtedly experiencing the end of Western hegemony over the world”

Putin: “Many countries are now turning away from the dollar as a reserve currency. US dollar will collapse soon.”

Goldman Sachs, the Federal Reserve, Moody’s rating agency, and the European Central Bank (ECB) Are all warning about the risks of low interest rates. Low interest rates are being caused by central banks printing money.

Spoiler alert: they dislike Socialism. Ludwig von Mises had to flee his native Austria for the USA because of Hitler’s National Socialist German Workers’ Party’s (NAZI) anti-Semitism.

On August 15, 1971, President Richard Nixon defaulted on US gold payments. He said, “I am now a Keynesian in economics.”

James 5:1 “Come, you men of riches, bemoan yourselves and cry aloud over the miseries that are to overtake you. Corruption has fallen on your riches; all the fine clothes are left moth-eaten, and the gold and silver have long lain rusting. That rust will bear witness against you.”

The gold price has been suppressed in dollar terms because ETF’s and Bitcoin (digital gold) have diverted demand from physical gold to paper/digital gold.

The December 2000 rate cut preceded the recession in March 2001 and the July 2007 rate cut preceded the Great Recession beginning in December 2007. July 2019 was the first rate cut since 2008 and occurred 4 months ago as of November.

The phrase, “Not worth a Continental,” will soon be commonly known for the same reasons that it was said in the early Republic: the USA are broke and the paper money is becoming worthless.

“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” -Former Federal Reserve Chairman Alan Greenspan, Meet the Press, August 7, 2011.

The protests are generally aimed at governments taxing and regulating people out of the middle class.