Welcome to Roger's Economic Rant
July 2018 Economic Rant -Roger Mason
“We can ignore reality but we can’t ignore the consequences of ignoring reality.”
The politicians are a perfect reflection of the voters in any country. America is evil because Americans are evil. Nana is a perfect reflection of America. She's been serving for over 30 years now and gets over 3/4 of the vote from the communists and homosexuals in San Francisco. She is now House Minority Leader. Remember she said, "gun rights are protected by the First Amendment." She later said, "natural gas is a good alternative to fossil fuels."
She says such things all the time, but the liberal media never quotes her.
84% OF AMERICAN PRISONS COULD BE EMPTY
Over 1 in 50 Americans are in the prison, probation, and parole system.
In 1950 America was 88% white with only 152 million people. Only 253,000 people were in jail. That is about 1 in 600 (0.16%). Today we have 327 million people, but 2.3 million locked up (0.70%). This is almost five times the earlier prison population. It really is much worse though, as we have almost 7 million people in jail, on probation or on parole. This is an incredible 2.14% of citizens in the prison system. We have a mere 4.3% of the world population, but 25% of the prison inmates actually locked up. THAT IS 600% OF WHAT WE SHOULD HAVE. When you look at the other millions on parole and probation. it proves we live in a police state. When over 1 in 50 people are in the prison system you know you don't live in a free country anymore. All of these statistics are directly from the FBI and Department of Justice. You can't argue with facts. Facts aren't "racist"- they are facts.
IF AMERICA WAS ALL WHITE 84% OF THE JAILS WOULD CLOSE
If America was all white, 84% of all jails would shut down today.
If America was all white, 84% of the attorneys would be out of work.
If America was all white, 84% of all crimes would stop, especially violent crimes.
If America was all white, 84% of the police would be out of work.
If America was all white, 84% of all the courts would shut down.
WHITES ARE ONLY 16% OF THE PRISON POPULATION IN AMERICA
ALMOST ONE THIRD OF MEXICANS LEFT AND CAME TO AMERICA
You think that is a joke, right? Well, we have at least 40 million Mexicans in America and probably a lot more. You can't count all the illegals. The current population of Mexico is only 131 million. Yes, one third of Mexico picked up and left for America. More and more southwest states are no longer majority white. The president said they have a "right" to come to America for a better life.
Do you remember the Tony and Susan Alamo ministries back in the 1970s? This was showcased on People Magazine Investigates on ID Channel in June. In this one hour show, it was not mentioned once he was a Romanian Jew whose real name was Bernie Lazar Hoffman. He was given 175 years for serial and countless child molestation. This one hour show went over every detail of his ministry. Not once did they mention he was a Romanian Jew whose real name was Hoffman. Is this accuracy in reporting?
Roseanne "Barr" was covered last month. She's a riot! Her actual Russian Jewish family name is Borisofsky. She was featured in Heeb magazine years ago. Heeb was a hilarious satire magazine, by Jews for Jews, that unfortunately ended in 2010. In one issue Roseanne was dressed as Hitler in an SS uniform and mustache. She said, "You don't want to piss off Jews. Even if you're a Jew, don't piss off Jews. All Jews hate each other. All I watch on TV is the Hitler Channel. The only thing worth watching on television is Court TV and the Hitler Channel. Anything on the Hitler Channel. Hitler 24/7. I love it!" Being Jewish herself, she can say what she wants.
SILVER ISN'T BULLISH IN THE MEDIUM TERM
Don't expect much in precious metals for the rest of the summer. This Fall we may finally get the Final Bottom after seven and a half years. Meanwhile thing just don't look very positive. We seem to be stuck in the $16 to $17 level.
The COT report on the 22nd was good. The Big Banks dropped 26,000 gold shorts and are now 134,000 net short. They dropped 9,000 silver shorts and are down to 58,000 net short. These are still high numbers. The silver open interest is still insane at 219,000 contracts. This is bad for us. This is a very good possibility gold and silver will bottom this Fall for the Final Bottom. Meanwhile the medium term outlook isn't good. See if the HUI can hold the 170 area. If not, we're going lower. See if silver can hold the $16.00 area. If not, we're going lower. See if gold can hold $1,250 area. If not, we're going lower. On the 29th the COT report good again. The commercials dropped 19,000 gold shorts and are now 95,000 contracts net short. They dropped 10,000 silver shorts and are now 49,000 net short. You can argue the COT report is useless, made up, not audited and should be ignored. When the commercials went down to under 3,000 net silver shorts earlier this year, we thought the Final Bottom was in, and it was blue skies ahead. An illusion. There was a lesson there. If this report was independently audited, it would be well worth analyzing every week.
Your poor old author dropped his silver futures shorts on the 26th with a small profit, reversed and went long on the 28th at $16.95. Never play futures. You'll just get sleepless nights and high blood pressure. Looking at gold, silver, HUI, GDX, SIL, and COT position charts, there is just no reason to see the Final Bottom in the near future. Meanwhile the American Economic Fantasy keeps rolling along.Deutsche Bank is bankrupt. We won't bother with a price chart. This is a huge bank and should take down the incomprehensible world derivatives position. It should also take down a long chain of banks. Somehow none of this will happen, and reality will again be postponed. Reality always wins in the end. This is proof, "too big to fail" is baloney. No one on earth can bail out a bank this huge.
Gold and silver are less than 1% of all assets. This leaves out the incomprehensible worldwide derivatives position. that far exceeds the entire GNP of planet earth. Actually, most all of this 1% gold and silver is merely paper- mining shares, ETFs, storage programs, and the like. All paper will be worth paper. Silver is the most undervalued asset on earth. You must own physical bullion you hold in your own hot little hands. Silver is five times better than gold. Got silver?
Our government is not the only thing that's imploding. The incomprehensible worldwide derivatives position is imploding. The total derivatives far exceed the entire world GNP. They are not even a regulated market. The bond market is the largest legitimate market in the world, and it is imploding as well. The world stock markets are imploding. Commercial and residential real estate is imploding. All currencies on earth are in a race to the bottom. Who can print the most counterfeit "money" the fastest?
Here is Bernie Sanders driving his $170 Audi R8 Supercar he bought with campaign donations. Feel the Bernout!!! Socialism and communism make the masses poor, while making the politicians rich. Here's old Bernie fighting for poor. God bless him.
FIREARM MURDERS ARE ONLY 1 IN 800- LESS THAN 1/8TH OF 1%
There are 30,000 gun related deaths per year by firearms, and this number is not disputed. The U.S. population is 324,059,091 as of June 22, 2016 (the last searchable census numbers) Do the math:
-65% of those deaths are by suicide, which would never be prevented by gun laws.
-15% are by police.
-17% are through criminal activity, gang and drug related or the mentally ill.
-3% are accidental discharge deaths.
So technically, “gun violence” is not 30,000 annually, but drops to 5,100.
The countries with the strictest gun laws have the most gun crimes (yes, Japan is the one exception to the rule). The countries with the freest gun laws have the least gun crimes. Criminals will always have guns and love to see law abiding citizens disarmed. Australia it absolute proof of this. After their guns were taken away, violent and gun crime exploded.
Out of every 800 plus people who die, less than ONE dies from a firearms crime. The other 799 plus die from CHD, cancer, lung disease, accidents, stroke, Alzheimer's, diabetes, flu/pneumonia, kidney disease, and suicide.
Noah Webster: "Before a standing army can rule, the people must be disarmed, as they are in almost every kingdom in Europe. The supreme power in America cannot enforce unjust laws by the sword, because the whole body of the people are armed and constitute a force superior to any band of regular troops that can be, on any pretense, raised in the United States."
Members of the NRA, GOA, and other gun organizations have an almost zero crime rate.
LOWER THAN POLICE OFFICERS. People with concealed carry permits also have an almost zero crime rate. People with full auto (machine gun) licenses do, in fact have a zero crime rate.
THE HOUSING BUBBLE STARTED BURSTING A YEAR AGO
This pending home sales chart is right from the NAR. Home sales have FALLEN in the last year. The housing bubble is already bursting. Thanks to Wolf Street for this chart. The chart below shows that people can no longer even afford to rent, much less buy a house. The black line is rising rents, and the blue line is falling incomes. We are closer and closer every day to being a Third World police state backwater.
You can see during that Magic Time of around 1970 that all this equaled out. People were happy and prosperous. Rents matched incomes. Now the American standard of living is going completely to hell. Every day we are closer to a Third World banana republic without the bananas. It's over after 242 years.
Home sales are falling, but home prices are still rising pretty much everywhere in the US. California, as usual, is leading the way. State-wide, the median CA home is now above $600,000, up 9% year over year. In San Francisco County, homebuyers are paying an average of 18% above the asking price, and price per square foot is now more than $1,000. Let that sink in for a minute- average price of $600,000 which is $1,000 a square foot. A mere 2,000 s.f. house is $2 million!!! Look at the chart below. Housing bubble 2 is much worse than 2008, and the collapse will be much worse. You'll see the average home in America sell for $100,000 eventually. This would be a fair and reasonable price.
That's right Chuck, anyone can come here and vote. No problem. Sounds like a plan.
EVERY MAN WOMAN AND CHILD PAYS $1,500 A YEAR IN INTEREST
You pay $1,500 a year just on the INTEREST for the national debt. So does your wife, child and baby. This goes to the fraudulent Federal Reserve. It is not federal and has no reserves. They print money out of thin air. The "Fed" is owned by ten Zionist banks.
WHO OWNS THE FEDERAL RESERVE:
Rothschild Bank of London
BITCOIN WILL OUTPERFORM ALL OTHER INVESTMENTS!!!
Remember that Jewish slimeball Max Keiser? He is on Russia Today with his own show. Russia Today is just another disinformation channel unfortunately. Max is telling the world that Bitcoin is the best investment on earth. The "go to" investment. Bircoin will outperform gold, silver, the stock market, and every other investment. It is a "store of value". This is one sick individual. This also proves Russia Today is a con job.
By the way, on Fox News (6/29) they finally admitted Tesla is a complete scam and no one in their right mind would invest a penny in it. CNBC, on the other hand, is still telling the suckers to load up on Toxic Tesla. Life is funny sometimes.
DAMNED IF YOU DO, DAMNED IF YOU DON'T
Here is the dictionary definition of oligarchy:
A small group of people having control of a country, organization, or institution.
"the ruling oligarchy of military men around the president"
Liberals voted for Hillary out of fear of Trump. Conservatives voted for Trump out of the fear of Hillary. Some gave up in disgust and understandably refused to vote. The Libertarian Party no longer exists, so there is no third choice anymore. We have as much choice in voting as the citizens of North Korea, Cuba, and Myranmar (Cambodia). The two parties are just the two sides of the same coin- the Republicrat Party.
FAME AND $400 MILLION DON'T MAKE YA HAPPY
This is Johnny Depp last month at 55 years old. Looks like old Johnny is dying of AIDS. He is worth $400 million and is one of the most famous and successful actors in the world. He takes various drugs and drinks heavily. He now has wasting disease and may well be dead next year. Fame and fortune just don't make for happiness.
THIRD FAKE SYRIAN GASSING MAY BE COMING
Both previous poison gas attacks in Syria were completely falsified. The "White Helmets" are anything but a humanitarian group. They are paid millions of dollars with YOUR tax money to promote the fake gas attacks. The neocons want Iran and Syria along with Lebanon and Yemen.
CLASSIC CHAINS ARE GOING BANKRUPT
Ruby Tuesday was started in 1972- 46 years ago- with a mere $50,000. Can you believe that? They had 945 restaurants all over the country. Almost half of them have closed down. More are being closed down all the time. They shut down their stocks and went
private. This is a fine, quality restaurant, but people simply cannot afford a $15 lunch plus tip, tax, and drink. Go to Cracker Barrel and you'll get more than you can eat excellent southern cooking for $11. Go to Golden Corral for $10, and you'll think it's "too good to be true". Subway is the largest sandwich chain in the world and is 52 years old. They are going under and selling the whole franchise. Their $5 footlongs are the best deal going. We are seeing closings of American institutions every month now. This is absolute, inarguable proof America is falling apart at the seams.
Here is a tiny, tiny list of some of the famous American institutions that have gone by the wayside...Roy Rogers, Ames Stores, Sears, KMart, Radio Shack, Sharper Image, Discovery Channel, Bonwit Teller, Northwest Air, Continental Air, US Air, Kids R Us, Toys R Us, H.H. Gregg, A&P Grocery, Linens 'n Things, Thom McAn, Woolworth's,
White Castle, Burger Chef, White Castle, Little Tavern, Howard Johnson's, Circuit City, CompUSA, ChiChis, Steak and Ale, Filenes, Crown Books, B. Dalton Books, K.B. Toys, Hechingers, Sports Authority, Wilson's Leather, Drug Fair, Eckerd Drug, Trak Auto, Super Fresh, Eastern Air, Levitz Furniture, Room Store, PanAm Air, SavOn Drugs,
Pharmor, Revco, Rexall, Blockbuster, and we could go on for a very long time.
RSI SAYS DOW IS GOING TO CRASH
The RSI is the relative strength index, and a momentum oscillator. The RSI reads from 1 to 100. This is at a 116 year high and over 70. This shows it is very oversold and due for a correction. Since the crash of 2008 the DJI has gone up almost vertically. What can't go on, won't go on. This market simply cannot reasonably go from 7,500 to 25,000 in less than 10 years. This is only a 15 year chart, but the RSI is at a 116 year high. Some analysts feel the stock markets have one last hurrah before collapsing. This may or may not happen. Who cares? Be out of this market. Sell your IRA or 401k and buy silver bullion you hold personally.
PETER FONDA CALLS FOR TRUMP'S SON BARRON TO BE GANG RAPED
Peter Fonda is not a has been, he's a never been. He publicly called for the innocent 12 year old Trump's son Barron to be, "ripped from his mothers arms and put in a cage with pedophiles." Words fail here. Barron is a child who should be protected, not gang raped by monsters. Liberals are sicker than you know, and this is proof of it. In the New Testament Jesus specifically spoke about those who would hurt a child. He said it would be better if a millstone were hung around his neck. Peter has a reserved seat in Hell.
"The Constitution shall never be construed to prevent the people of the United States who are peaceable citizens from keeping their own arms." - Samuel Adams
THE DOW JONES IS RIGGED! WEAK STOCKS ARE DROPPED
General Electric has been dropped from the DJI after decades. This is how the stock markets are manipulated to look good. Weak stocks are constantly dropped. In one year GE has collapsed over 50% from 27 to 13.
Thanks to Edgar for this fine chart.
DON'T CRY FOR CHARLES KRAUTHAMMER
Charlie Boy was anything but a "conservative". He was a Jewish hardline neo-con, who promoted all our evil wars of aggression. He was one of the main cheerleaders for the Iraq war, which slaughtered a half million innocent citizens. Calling him the, "dean of conservative commentators" is too stupid for words. The fact he won a Pulitzer Prize proves what a fraud he was. Those only go to insiders like him. Whether neocons are gentile or Jewish, they all put the Greater Expansion of the Israel Empire first.
BOLTON PROMISES TO ATTACK IRAN THIS YEAR
Speaking of neocons, gentile Bolton has assured us we will attack Iran this year. Why? For what reason? A country minding it's own business. They are a member of the Nuclear Non-Prolifteration Treaty, and gets regular inspections. Israel isn't a member and has never been inspected. They have one of the largest nuclear arsenals in the world!!!! Russia and China are not going to tolerate this. Only stupid France and U.K. will stand with us on this insanity. The rest of the world hates us for many good reasons.
THE WHOLE WORLD IS FINALLY TURNING AGAINST ISRAEL
Finally the nations of the world can see Israel is the most evil nation on earth. The BDS disinvetment movement is spreading strongly. David has it right:
Things seem calm now. Don't be fooled. Nothing is going well. We've promised to attack Iran. Deutsche Bank may cause a domino collapse. Our stock market is a house of cards. The bond market is overdue to crash. Real estate is already crashing. All currencies are in a race to the bottom. Just be ready for whatever is coming. We do know what is coming, but we don't know when. Pay attention. Great events cast their shadows before them. Be prepared. Just be prepared. This really is End Times. See you in two weeks.
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