This subscriber gets it; The Alt-media manufacture fear with flawed logic, which only misleads and impoverishes

Note: Although the writers in the alt-media will claim victory when any collapse occurs, they will never be able to advise properly. Their biases handicap their ability to provide sound advice. When a crisis finally does appear, they will use that as validation of their prior flawed “research,” and many will believe them. The alt-media writers are often the most difficult to convince otherwise, because they believe that since they believe they found the secrets of existence, they believe they are correct. That is a recipe for disaster, especially to those who listen to them.

Dear Chris,

It’s interesting to find someone who also believes that the entire Alternative News sector is infiltrated by elitist disinformation and fear mongering.

I feel these elites have no choice but to keep the current dollar based system going and the only reason they create the mini-crises is to prevent all out hyperinflation due to their QE-To-Infinity program. Fear-mongering via alt-news is also being used to keep hyperinflation from triggering as the fear-programming is all deflation-collapse related.

My questions regarding Anthony’s article and your comments :

Anthony Migchels: Return to Gold Standard Spells Disaster

1) Anthony assumes that the elites have all the physical gold in the world and so the time is ripe to trigger an epic deflationary bust using a gold standard where the masses will go broke and elites will benefit hugely. Is this assumption correct? What I am aware of is that the bullion banks have been suppressing gold prices to prevent a run on gold.

But the masses in India have been buying close to 900 MT per year in physical gold over many decades, and why is Anthony not acknowledging this fact? How can the elites trigger a Gold standard when most of the gold has been leaked away (to the masses) during price suppression of past many decades? Is Anthony also one of those Fear Mongering apparatus of the elites?

2) Your comment about ‘Force majeure’ : Do you feel that the current religious divide and protests all over the world are a percussion to the catalyst of force majeure that you are referring to? war ? if not kinetic war, maybe civil / religious war? Example we have a major Hindu-Muslim divide and protest all over India past 15 days. The current govt is ready to go to war with Pakistan (Chinese controlled Pakistan)

3) Do you feel that cash is king right now? will central banks loose control of the system? Are we in deflation?

Thanks and Regards,
S

Let’s address this subscriber’s comments and questions.

The talk of collapse has become a religion
The talk of collapse has become very profitable to the alt-media. Meanwhile, the personal lives of many of its followers have already collapsed.

The above mentioned article was dated October 10th, which coincides with the madness in the repo-market, and as we can see, the writer was careful to emphasize those problems. The author also says “…major Central Banks are saying that we will need a Gold Standard after a reset.” Really? I didn’t know that; that’s news to me.

From what I can see, it was written to be used exclusivity as fear-based click bait, and the editors just pulled the news of the day to conjure up the desired outcome. Virtually all alt-media website moderators and writers employ these tactics to maximize page views, which is why I no longer write for third-party sites. Most of my articles were heavily edited by less knowledgeable people who had predetermined objectives. Truth and reality often take a back seat to clicks and feeding the ignorant target audience. Moreover, these writers bank on you not delving into the past to check their  stopped-clock analysis.

Gold shill non sequiturs
Gold promoter logic is loaded with flaws, but it does appeal to some

With respect to gold, this subscriber raises a great point. The gold shills who pound the table for a gold standard, will often mention that the elites are hoarding all the gold. But they will forget to say that there are thousands of tons of the shiny stuff owned by at least 500-600 million people worldwide outside the system. GATA and ZeroHedge will often document the failed Indian government measures to deter gold hoarding by its citizens, but will disregard simple logic. Here is the irony; gold hoarding by private citizens makes it more difficult for the elites to go to a gold standard.

Going to a gold standard would reverse this trend as wages couldn’t be inflated away and the asset values of the wealthy would fall. Notice the divergence of wealth since 1995 (the advent of the mainline internet). As Jeff Bezos said, the web is a confirmation-bias machine

Until the elites get all that private gold, they cannot transform the system into a monopolistic gold standard, so how are they going to get that gold? The elites’ whole monetary system was built by their families, spans generations, and was designed to continually extract the world’s wealth into their hands FOREVER. These banking elite worked for generations to get the globe to go to fiat, so they could continue to turn the people into wage slaves. Going to a gold standard jeopardizes all they have been hoping to achieve.

If we went to a Godly set of fair weights and measures then humans could begin to receive a fair wage for their labor as gold-backed money couldn’t be inflated away. I submit that a regime of negative interest rates, where money vanishes, would be a better fit for the end-time economic regime. As long as officially-measured inflation remains low, this system will be well supported and interest rates can continue to fall over time.

My thesis behind assets prices and QE

You all know how income-generating asset prices respond to low inflation and low interest rates, ceteris paribus. This deductive line of reasoning provided the logic behind my thesis from early in the decade as I called for rising asset prices (income-generating assets). As long as the central banks labored to keep the nation-states in business, we would be foolish to fight this trend.

With respect to holding cash; as asset prices rise, the opportunity costs of holding cash diminish. This is straightforward logic; the higher prices rise, the more likely we will experience a correction. Thus, we are to increase our cash positions as asset prices rise. I do, and currently cash and liquid assets comprise about 20% of my net worth. I have stopped buying real estate in this cycle, since it is no longer the bargain it was six to eight years ago and is very overweight in my total portfolio (currently 70%, which was 50% four years ago due to rising prices). I would rather hold cash instead, but if I currently owned no real estate, I would still look to buy as the math behind many properties still makes sense.

In terms of assets to hold, I have always recommended income-generating assets (you young folk will appreciate this as you get older). We hold our best income-generating performers in all asset classes (e.g. stocks, bonds, businesses, real estate) and sell the weaker ones as prices rise. When we experience a correction, we add to our existing holdings with our under-leveraged positions and existing cash on hand. Our goal is to only use debt to finance the acquisition of income-generating assets and not for personal consumption.

Forget the talk from the likes of Martin Armstrong regarding cycles between public and private assets. He has been wrong for many years, so relying on his flawed and refuted theories would be unwise.

Viability of the current system with low inflation

The subscriber contemplates that the elites need to continue using the current U.S. dollar-based system for now. I agree, as it is actually still viable. As long as the central banks all work in concert, this new world order system can sustain itself. It all hinges on keeping measurable Inflation low and I say TPTB can achieve this for the indefinite future. There are three items that help keep inflationary growth from running out of control;

  • Manufactured crises,
  • Debt servicing that continues to exert an ever greater burden on the economy over time due to central bank balance sheet growth, and
  • Open-borders immigration, labor, and trade

I also contemplate the concept of centrally-planned personal over-indebtedness, specifically through student loan debt servicing. The elites planned the student loan structure early last decade and codified it into federal and state law. Thus, this “crisis” was in the making for years. The globalists knew that if the Millennial and Gen-Z populations were not encumbered with this debt millstone, they would be free to bid up the prices of many items related to family formation. Debt slavery can be very deflationary.

The elites would get the blame if they crashed the system

Here was my comment to the above referenced article, which was posted by the site moderator (scroll down to read);

I read the article and it really is just another gold shill article. It does a terrible disservice to those who embrace it. I never invest and predict future events based on a remote outlier event. The author takes stuff out of context.

I just ask one question; Why would the globalists move to a gold-backed currency? They would intentionally destroy the economy and world system for decades AND GET THE BLAME. They would create such chaos that they wouldn’t be able to control. The NWO is being implemented while the people continue to underestimate it.

They can keep this current system all the way to war. War will provide the force majeure to move to the next step. Based on the status of the ChiCom and Russian military, we are at least several years away.

The elites will never arbitrarily move to another system. There needs to be a catalyst. War always has been that catalyst and war will be once again. The elites are very predictable.

The globalists want to change but need a force majeure. The pain from changing the monetary regime is too great for the world at this point and only an exogenous type of catastrophe (exoplanet crashes and destroys the world, global conflict, etc.) qualifies as the catalyst.

With my comments in mind, let’s address the concept of a “force majeure” overturning the current system. In the past, the elites always used war and its fallout as an excuse to recreate currencies and monetary systems. I do not see any difference in the future. However, if you are a student of eschatology, you can come up with other ideas that may also suffice.

Did the desired monetary system already arrive?

War has been used in the past, not to reset the system, but to transfer it into private hands. Since the advent of the Federal Reserve, the Synagogue of Satan has used war to fulfill the primary objective of the elites; establish a private central bank in every nation. I say, job well done.

Manufactured crisis; Perhaps we are nearing the final phases of the desired NWO monetary system rollout, while the alt-media chase their tails

This is an observation; The repercussions of WW I and WW II did not truly bring about new monetary systems. Sure, after WW I, there were problems with the German mark and German hyperinflation, which led to Hitler’s ascendance to power, as well as the fall of the British pound’s global dominance, but there were no global resets. Moreover, as a result of WW II, the elites may have instituted the Bretton Woods agreement, but what really changed for those on the street? Business went on as usual and there was no global reset. Dollars were dollars and the national currency regimes effectively went on as before.

War has been used in the past, not to reset the system, but to transfer it into private hands. Since the advent of the Federal Reserve, the Synagogue of Satan has used war to fulfill the primary objective of the elites; establish a private central bank in every nation. I say, job well done.

What I am trying to say is that if there was no global force majeure from the prior two global wars, imagine how bad a future force majeure will have to be; it will have to be without precedent. Despite all the changes to this current system, it ostensibly has been the same to the man on the street for generations. Regardless, the changes in aggregate over the past 100 years may have been mind-blowing, but they were so subtle, slow, and sinister that we hardly notice what has been achieved.

This system is now completely unrecognizable to a person from 100 years ago, and perhaps, the elites have already achieved their dream of their promulgating the end-time monetary system. Perhaps we are in it now. Imagine that. All the while, the alt-media are chasing their tails. Now, that’s funny. Most of the alt-media followers are as cognitively impaired as their lost brethren and both have lost their ability of reason, so they have no one to blame for their troubles, but themselves.

Over ten years ago, the central banks chose this route of QE and ever lower structural interest rates, and from what I can tell, it is still going strong. The Repo market crisis is quickly becoming a distant memory, and is only the latest in a sundry list of manufactured crises that have allowed the elites to use their central banks to gobble up the world and extract the wealth of labor.