Welcome to Roger's Latest Monthly Economic Rant
| - 2007
Late February 2017 Economic Rant - Roger Mason
"America will never be destroyed from the outside. If we falter, and lose our freedoms, it will be because we destroyed ourselves." … Abraham Lincoln
LOOK AT THIS 40 YEAR S&P 500 CHART
Since the &P was created in 1957 it has never had a valuation of 2.5 ratio of price to revenue. This is not based on reality whatsoever, and is soon going to crash and burn. (Thanks to Hussman Advisors for this great chart.) Here the upside is minimal to say the least. The downside is catastrophic. This applies to all the U.S. stock markets.
“Give a man a gun and he can rob a bank. Give a man a bank and he can rob everyone.”
38 YEAR MARGIN DEBT CHART
In a healthy market people do NOT leverage their investments with margin. Margin is a two edged sword- it works both ways. We are at record margin levels in the stock markets. This means when (not if) the markets collapse, people will lose their entire life savings even with a moderate fall. If this was a 100 year chart, you would see margin was extreme before the 1929 crash. Any of our stock markets are a dangerous place to be. Little upside potential but huge downside potential.
CALIFORNIA HOUSING BUBBLE HAS GONE BALLISTIC
Compton, CA not only has the highest crime rate in the state, but in the entire nation. It is one quarter poor whites, and the rest poor black and Latinos largely on welfare. It is horribly overcrowded with almost 10,000 people per square mile. Yes, 10,000 low class people per square mile. Yet, this tiny crap shack sells for $499,000. This is not a joke. You can look this up on Zillow if you think this is a joke. The black rap band NWA (Niggers with Attitude) put out a gangster album Straight Outa Compton. In 2015 a gangster movie of the same name was very successful. The Bloods and Crips gangs control the entire town. The average income is a mere $13,877, mostly from welfare. The rest of the area looks just like the photo. You did notice the bars on the windows, right? All the houses are barred like this. The Peoples Republic of California has been bankrupt for decades and will soon totally collapse into anarchy and lawless chaos. They have the very worst real estate bubble in the country, and probably the world.
THE INTERNET IS ALL WE HAVE LEFT FOLKS
The Internet is our last bastion of freedom. That is going to end. The Internet will be regulated and restricted severely. It's just a matter of time. The NWO simply cannot tolerate truth, facts, and accurate information.
AMERICAN STANDARD OF LIVING GOING TO HELL
Look at this 67 year chart. Both our GDP and personal income are collapsing. We don't have an $18 trillion Gross Domestic Products for God's sake! One a good day it might be as much as $14 trillion, but we don't have good days anymore. The government lies about this, like they lie about the unemployment rate (24% not 6%) or the inflation rate (10% not 4%). Back in 1950 America was the Engine of the World and produced. Our production grew greatly. Now we don't produce and we shrink. Growth is down to 1.6%. Soon, we'll be a bankrupt socialist, poverty stricken Third World mixed race backwater like Britain. We're not far from that now. Remember that a mere 100 years ago they were The Superpower of the World, and "Britain ruled the waves." We were a distant second. Time changes everything.
DOW THEORY SAYS STOCK MARKET NOT REALLY BULLISH
Dow Theory works and history proves it works. Dow Theory says the DJI, DJT, and DJU must rise or fall together for a true market. Well, the three month DJT chart below shows the DJI is NOT confirmed.
COMMUNISM IS JEWISH
The infamous Rabbi Waton said in his 1939 book, A Program for the Jews:
“Judaism is communism, internationalism, the universal brotherhood of man, the emancipation of the working class and the human society. It is with these spiritual weapons that the Jews will conquer the world and the human race. The races and the nations will cheerfully submit to the spiritual power of Judaism, and all will become Jews….”
WE RAN OUT OF SILVER 18 YEARS AGO
SILVER DISAPPEARING BY THE DAY
Silver bottomed at $14 in December of 2015 fourteen months ago. We have been in a silver deficit for almost 18 years now. Investment demand is rising, and industrial demand is rising. Mines simply cannot begin to provide what we need. There are very few real silver mines in the world. 90% of gold and silver come from as by-products from base metal mines like copper and lead. Silver is the most undervalued asset in the world. Sell your stocks. Sell your bonds. Sell your IRA/401k. Buy silver bullion you hold yourself. No paper silver, silver ETFs, or even silver stocks. Silver is the future.
MORE MEXICANS LEAVING THAN COMING LAST SIX YEARS
The New York Times (November 19, 2015) reported that more Mexicans are going back to Mexico than coming into the country since 2011. You stop immigration with E-verify, not a wall. That’s ridiculous.
BIBI’S NEW LAP DOG- ISRAEL FIRST, AMERICA SECOND
SATANYAHU IS COMING! SATANYAHU IS COMING!
Bibi Satanyahu is coming to America this week to lecture Congress to attack Iran, Syria, and Russia, and start World War III for the Greater Expansion of Israel. He will get countless standing ovations like he did the last time. Everyone in Congress is a cheap whore who sold their soul to Israel and put their welfare above our own.
TRUMP STARTING WORLD WAR III
General Flynn said, “Iran is on notice”. Further, “all options are on the table”. Does that mean a full scale invasion like Iraq? Nuclear war? Trump will put sanctions on Iran. Iran and Syria stand in the way of the Greater Israel Expansion. Steve Bannon said, “We’re going to war over the South China Seas. That’s a fact.” Nikki Haley wants to attack Russia today. Rex Tillerson wants to attack China today. Trump has alienated Australia. Trump has blatantly insulted Mexico, which is a huge source of our appliances, electronics, machinery, many foods, cars, trucks, and OIL. THEY ARE OUR THIRD LARGEST TRADING PARTNER. He is starting trade wars with multiple countries. That means TARIFFS, and you will pay the bill when the tariffs are levied. YOU WILL PAY THE BILL FOLKS. Tariffs don't "protect a country" at all. They merely lower your standard of living by raising prices. The government gets the tariff money, not you.
Have you noticed Israel uses NATO and America to fight their wars, and Israeli soldiers are never involved? Isn't that convenient.
E-VERIFY WILL PUT AN END TO ILLEGALS OVERNIGHT
Trump just screwed the American people with this “wall” nonsense. E-verify will stop illegal immigration, not a trillion dollar wall. The idea of building a trillion dollar 3,000 mile wall is too stupid to discuss. E-verify could stop illegal immigration tomorrow morning. Giving illegal immigrants amnesty, voting rights, welfare, drivers licenses, medical care, and schools for their children just proves American is finished. America the insane. All and any illegal immigrants should be arrested, charged with a felony, and put in special immigrant work camps. Then deported permanently. If they return they would be given a life sentence in a work camp. They would NOT be put in regular prisons, but separated completely.
Please be clear about something…Ron Paul sold out after he left office. He won’t even admit no one died in all these fake murders like Sandy Hoax, Charleston, Aurora, Orlando, etc. The Libertarian Party sold out along with him. We have completely ended our support of the Libertarian Party and Ron Paul. He still has good things to say at times however.
We need to end all welfare programs for everyone, especially legal and illegal immigrants.
We need to stop the endless evil wars of aggression in the Mideast. We need to end American imperialism and stop trying to be the World Policeman.
We need to legalize all drugs. This would put an end to all drug dealers and cartels.
All drugs would be 50 cents at the 7-11. People committing any crime under the influence of all drug would get doubled penalties.
We need E-verify for ALL employees and all illegals will leave on their own.
WHAT SOLZHENITSYN REALLLY SAID
Aleksandr knew Russian history better than anyone.
The COT Report on the 3rd was bad. Why waste time discussing it?
The COT Report on the 10th was worse. The open interest (number of futures contracts) is equally bad. This will end in time for the simple reason both gold and silver are the most undervalued assets n earth. Reality always wins in the end. Silver bottomed in December 2015 at $14. It is now $18. We ran out of silver almost two decades ago. Soon, the market is going to explode and silver won't be available. The secret to getting rich is to buy value and hold for the long term. Be right and sit tight. Buy and hold and add on dips. Buy silver and hold it. The Constitution says only gold and silver are real money. Nothing else. People today are oblivious of that.
TEN GOOD REASONS TO HATE THE STUPOR BOWL
The pre-game media hype is disgusting. Sports are now America’s Religion, not God.
The empty pseudo patriotism. Rah, rah America let’s go murder innocent people around the world in the name of “freedom”.
Mindless militarism. How did the military get into sports? What does out military have to do with football?
Endless narcissism of the players. They are generally unintelligent and can do nothing but play a sport, yet they think they are gods.
Half time show degeneracy featured Lady Gaga this year! This is a perfect reflection of what America really is.
Stupor bowl parties are religious gatherings.
DHS takeover shows that Homeland Insecurity is taking over the country step by step.
Terminal commercialism and advertising are sickening.
Dumb fat whites worshipping world class black athletes.
Insane passion of the sports fanatics. They have no life of their own.
You didn’t know that half of the NFL teams are Jewish owned did you? Fox News forgot to tell you that. 2% own 50%. That is a 25X overrepresentation. A partial list is the Redskins, Colts, Patriots, Buccaneers, Broncos, Eagles, Browns, Vikings, Giants, Falcons, and Seahawks.
HERE ARE THE MAGIC NUMBERS FROM AUGUST
Silver $21 Gold $1,370 JNUG 31.7 HUI 284 GDX 31.3
You might want to write these numbers down. Just six months ago these were the prices. We should see these prices again before August 2017. Then we should see higher prices for all of them. Look for $21 silver, Look for $1,370 gold. Look for a 31.7 JNUG. Look for a 284 HUI. Look for a 31.3 GDX.
PEOPLE ONLY OWN PAPER NOW- nothing real
Look at this 92 year chart of real physical assets versus paper “assets”. In the last century we have never owned fewer real physical hold-it-in-your-own-hands property. This is the Time to own gold and silver, but not real estate of any kind. You mean your own house isn’t a real asset? No, because a we are in a massive real estate bubble. Your house will be worth a fraction of what it is “worth” today within 10 years. The bubble will burst much worse than what happened in 2008.Stocks and bonds have to go. What about gold and silver mining stocks? In the Reagan years this would be wonderful. The stocks outperform the metals greatly due to leverage. Not now though. All paper will be worth paper.
LOOK AT THIS 92 YEAR CHART
ATF AGREES TO ALLOW FREE SALE OF SUPPRESSORS
This is huge folks. The ATF has always been the enemy and promoted anti-gun laws. They are supporting the legalization of gun suppressors. You would not have to pay a huge tax and fill out a long form and wait six month to get a suppressor. There are RARELY used in crimes. They were perfectly legal until 1934. The few criminals who use them can easily make them out of common hardware store materials. If this bill is passed you will be able to buy a suppressor as easily as a rifle. In New Zealand, for example, suppressors are legal and crimes are rarely committed with them. People can hunt and sport shoot without disturbing everyone around them with the noise. Suppressors make a lot of sense. Trump will sign this if passed.WEEKLY WORK HOURS FALLING FOR SEVEN YEARS NOW
The real unemployment rate is about 24%, not the ridiculous 6% figure. Well, weekly work hours for Americans started falling after Obama was elected. It just gets worse everywhere you look.
DRUG POSSESSION LEGALIZATION WORKS!
Strangely enough old George Soros wants total drug legalization. (“Legalization” will mean no arrest and no jail time, just a fine at worse.) The media refuses to report that drug legalization works. Portugal long ago legalized personal possession of drugs 16 years ago in 2001, but this wasn't reported at all in America. Drug overdoses don't exist there anymore! Three overdoses annually per million is the same as nothing. Mexico, Columbia, and other countries did the same thing. In Mexico you can now buy oxycodeine legally in pharmacies without a prescription. Switzerland legalized marijuana. Washington, DC legalized the outright growing of marijuana long ago. Well, the Czech Republic really did an even better job for personal possession:
Marijuana - 15 grams (or five plants)
Now the Czech police can do their jobs and arrest real criminals. Drugs were legal in America for 137 years until the 1913 horrific Harrison Narcotic Act.
TWO 67 YEAR CHARTS SHOWS GDP AND NET WORTH COLLAPSING
After World War II we had almost 9% GDP annual growth. Now we can’t even do 2%. The government claims our GDP is $18 trillion. That would be funny- if you didn’t live here. $14 trillion in a good year is more realistic. Look at the fact we now have over 320 million people in America. This vast increase in population should mean a much higher gross national product. You just can't argue with facts.
The Trump Honeymoon is already ending. People are seeing it was mostly all talk on his part. Nothing good is ahead of us, and America will never be great again. Far from it. America and Israel are the last empires on earth and will collapse totally. Every empire from Rome to England proved that.
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