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Asset protection

Billionaire Warns Of Total Collapse End Game Scenario: ‘No Way Out… Your Money Will Be Worthless’

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Posted by SHTFPlan.com

on Thursday, 05 March 2015 09:46

UnknownWith currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame.

According to billionaire resource investor Carlo Civelli there is likely no way out for central banks which have spent the last several years printing money hand over fist. Over his decades’ long career Civelli has either managed or financed over 20 companies, many of which now have market capitalizations in the billions of dollars, so he knows a thing or two about investing during boom times, as well as busts.

In his most recent interview with Future Money Trends he warns of  an endgame scenario that is nothing short of a total collapse. And here’s the scary part: Civelli says that even gold may not be a safe haven should the worst case scenario play out....continue reading HERE



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Asset protection

Faber: Dump Biotech, Short Central Banks, Buy Gold

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Posted by Marc Faber: The Gloom, Boom & Doom Report

on Wednesday, 04 March 2015 15:31

Screen Shot 2015-03-04 at 1.59.49 PM

This transcript has been automatically generated and may not be 100% accurate. I ... January is marked with for consumers and the financial markets ... get lots of optimistic views of white there to kill investments are gonna go up ... sometimes we like to divert from that point of view ... and Jack Otter Editor Barron's the common for the opposite point of view I've gotten Mark Palmer who is editor of the boom boom and doom report ... I got the drawn to ... the gloom doom and gloom reports ... on mark to give us your outlook for the global economy in twenty fifty ... well I think it would OPEC different parts of the world to America as we selected American Norse America Canada Mexico ... and in Europe and binned the emerging market calm breaks was known to be Asia ... and Africa and Central Asia the Middle East ... then have to say that Europe is unlikely to grow ... maybe grows by one percent to eighty contracts by one percent to be ... statistical other nations ... I don't think that the U S economy speaking uprising slowing down ... and in emerging economies we have no gross at the present I ... in some countries they may be growing a one two percent than in others they Harry's of contraction the new dos new production ... the Chinese economy which is ... the dominant emerging economy in the world ... he said that the slowing down ... being the only other hand has probably at the present time around five six percent growth ... rate in general ... you tobacco aches for staff cannot ... even go back to the global reserve accumulation that they're not ... so I think that who face a disappointing two thousand and fifteen in terms of ... economic growth ... India sounds like you're only bright spot there ... whoa in terms of gross yes but don't forget last year in dollar terms the stock market was up thirty five percent ... and the chairman of the new capital from the Fed to from the was up close to fifty percent last year ... twenty outperformed the in the seas ... I don't think that these will be repeated maybe will go up another fifteen percent or so ... but in general I think a lot of my kids ... are that not terribly explains the Renault ... bargains any good news sounds like a soaring price twelve × topped the Barron's full conference I think it was in October ... I think the Chinese economy slowing down but the stock of the two will go up to the markets ... and the economy can move in different directions ... and said that there is a lot of central bank interventions that ... expectations buying basis while ... the central bank will do what makes ... and so in basis ironing the stops in the expectation that the ... Bank of China was thinking he's ... so into this sign environment where do you invest where were one of their money ... well I mean I think they are there for the first time in a long time since two thousand and seven teams thousand and eight ... actually some shorting opportunities ... some coconut shorting some ... sectors I thing is quite dangerous to short EU stops ... this um it may come and take him over ... the country line with the exit so ... that I would say that BdB you know some CDC's like the biotechnology index the Psalm and the very Heidi and ... social media ... ETA these are relatively high tea in my opinion ... Bibi other people at the frontier was ... or that the stops in that same icon Doctor ... I stopped eating dates is on the high side ... reading these are shorting opportunities I think ... you say in the least probably stayed a short ... although it's a very oversold and send them is a negative second rebound like the euro ... the police concerns about the U S dollar is enormous ... so we may have a setback in the rebound the euro's ... I think it at my bake ... he's the I cord short ... central banks I would short central banks into was out on and defeat in that is I think ... investors ... will suddenly realize ... what the scam central banking fees ... and then Daewoo was competence ... and based only one way to short central banks idea and I went to to buy gold ... ah so ... are you long gold are you three as on long gold up in great Moallem gold things that ... need nineteen nineties ... and dare I polls recently became more ... and I think if someone really wanted to make a lot of money in gold ... he's the higher your risk proposition Venetian by ... the small mining stocks like the TT exchange their junior year I guess that the ice data that tends to do with ... better than the old one it does well and were so a lesson that absolutely ... last year when gold went up by fifteen percent ... in the first few months ... of two was thousand and fourteen ... the GDX stayed with the forty percent so ... it's more much more what 

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

 


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Asset protection

Could Apple Buy a Third of the World’s Gold?

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Posted by Frank Holmes - US Global Investors

on Tuesday, 03 March 2015 07:38

image001Is there anything Apple can’t do?

First it revolutionized the personal computing business. Then, with the launch of the iPod in 2001, it forced the music industry to change its tune. Against initial market reservations, the company succeeded at making Star Trek-like tablets hip when it released the iPad in 2010. And in Q1 2015, a record 75 million units of its now-ubiquitous iPhone were sold around the globe. The smartphone’s operating system, iOS, currently controls a jaw-dropping 89-percent share of all systems worldwide, pushing the second-place OS, Google’s Android, down to 11 percent from 30 percent just a year ago.

As you might already know, the company that Steve Jobs built—which we own in our All American Equity Fund (GBTFX) and Holmes Macro Trends Fund (MEGAX)—is history’s largest by net capitalization. In its last quarterly report, Apple posted a record $75 billion in revenue and is now sitting pretty on a mind-boggling $180 billion in cash. Many analysts believe the company will reach a jaw-dropping $1 trillion in market cap.

So what’s Apple’s next trick? 

How about moving the world’s gold market?

iGold



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Asset protection

Desperate Governments on the Edge Of Total Collapse

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Posted by Philip Francis Stanley

on Sunday, 01 March 2015 09:09

"Buy survival gear"

Economics Compacted

"This column contains everything there is to know about economics. Hereafter it will be possible to shut down university deprtments and stop talking about Keynes and the Austrian School, to the great relief of mankind. In gratitude you can send me your childrens'college funds.

In 1850 people all lived on farms and grew food, which they ate. Eating was really important to them. They liked eating. There was in 1850 tremendous demand for refrigerators and cars, but people didn’t know they wanted these things because they hadn’t been invented. Anyway, they didn’t have any money to buy them with. 

Yet the demand was there, crouched to spring. Much demand for almost everything, but little supply.

Then farming automated and people all went to cities to work in factories to make refrigerators and cars, which had been invented. These weren’t as important as food, but they were pretty important. People had a little money now, and bought them. You don’t need advertising to sell what people actually want.

 There was lots of demand and getting to be pretty good supply.

Soon the factories were spitting out more than anyone could use of everything that anyone could reasonably want. A family needs only so many refrigerators. Here we encounter the first crucial problem of the modern economy: too much supply and not enough demand. 

Yet the factories had to make stuff so people would have jobs, and the people had to buy the stuff so they could keep having factories. Economics is thus the study of the squirrel wheel.

To keep people working and buying, the economy began making things that nobody really needed or would think to want, such as nail salons, electronic gadgets, and designer jeans. To get people to buy these things, the supply of demand had to increase. Advertising came about to manufacture demand for things that, without advertising, no one would buy. Consequently society now depends for existence on pop-ups, singing commercials at twenty minutes to the hour on television, billboards, and Google ads. Advertising thus became more important to the economy than anything it advertised.

Labor

Labor followed a similar pattern. When factories came, they needed lots of people to make the refrigerators and cars. Most work involved digging holes or lifting heavy objects, so the workers didn’t have to be smart or know much.

Automation

Then came the rolling disaster that economists don’t seem to have anticipated: automation. As factories produced the increasingly trivial goods that supported the economy, they needed fewer and fewer workers to make the trivial goods. This raised two questions: Who was going to buy the $450 running shoes that nobody needed except that advertising told them they did, and how were the workers who didn’t have work making them any longer going to get money to buy them? Or to eat? 

It became obvious, except to economists, that automation could do just about everything people were paid to do. Just now, someone has invented a burger-maker machine that will presumably replace hundreds of thousands of burger-flippers who aren’t needed anywhere else. Self-driving vehicles approach practicality, and will first replace long-haul truckers and then cabbies and delivery truck drivers. Much worse is in the offing. Here is the second crucial problem of modern economics: Where to put unnecessry people?

imagesThe Theory of Increasing Uselessness

 A search continues, long quietly underway but now intensified, for ways to keep off the work force people for whom there is no work, or no real work. These are not necessarily lazy, shiftless, or parasitic. They just don’t have anything to do.

Child-labor laws and requirements that people finish high school helped diminish the labor force. Then society told the young that they all needed to go to college, when most of them didn’t, and since the universities served chiefly as holding pens, the quality of education dropped. Universities did however employ professors and administrators. Here was another example of selling at high price something that no one really needed, namely the appearance of education.

Swollen bureaucracies popped up to provide the appearance of work while the purported workers did little that would not better have been left undone. Military enterprise soaked up more people doing nothing that should be done. Exotic fighter planes that would never do anything to justify their existence but bomb remote goat-herds absorbed thousands of engineers and hundreds of billions of dollars. The engineers could as well have been paid for digging holes and filling them in, but this was judged unduly candid.

Finally even these measures ceased to be enough. College graduates began living with their parents and lining up for jobs a Starbucks because there was no need for them anywhere else. Resort was had to outright charity. Thus food stamps, Section Eight housing, free lunches at school, AFDC, and all the other disbursements of free money. Those receiving the free money no longer had any incentive to work even if the opportunity offered. In the cities generation after generation now lived on charity, largely illiterate and in what is never called custodial care. They are simply unnecessary. There is nothing for them to do. So they don’t do anything.

Poverty


In America this is usually a state of mind rather than an economic condition. The allegedly poor have all their time free, a luxury not available to the indentured drones who pay for this leisure. The poor have enough to eat—gobbling Cheetos instead of real food is their choice—and they have access to libraries and parks and museums. Graduate students at the same economic level used to live a life of books, music, illicit substances, and good conversation. The recipients of charity are not economically poor, but mentally empty.

Cognitive Stratification

Meanwhile an elaborate and highly effective system developed for sucking the very bright young from every cranny in the country and sending them to the remaining good universities: SATs, GREs, National Merit, ACT, and suchlike. Here the top two percent in intelligence partied, married, and made babies, not always in that order, and went into brain-intensive trades like Silicon Valley, i-banking, and medicine. As the middle class sank into the lower-middle, the brain babies increasingly formed a thin layer of dominant if not always morally impressive intellects at the top of society.

Increasingly aware of each other thanks to list-serves and web sites for the very smart, they foregathered internationally with their own kind, eschewing contact with the surrounding sea of slugs. (I will bet you are not reading this on a site where the comments are misspelled.) They prospered. Nobody else did. The battle lines were being drawn. Which brings us to:

The Minimum Wage


Conservatives harbor the curious notion that people will work if they don’t have to. This is because to them work, real actual work, is an abstraction with which they have no familiarity. Real work is usually unpleasant or boring. But to economic theorists, work means being a cardiac surgeon, talking head, columnist, or CEO. Thus they say that if we eliminate the minimum wage, black youth (these are always given as examples) will rush to labor for a dollar an hour, learn the trade, rise, and become CEOs. Horatio Alger and all that.

This implies two things: First, that anyone in his right mind would spend eight hours a day flipping burgers for a pittance when he could live on charity in leisure at the same standard, and second, that any employer in his right mind would want to hire semi-literates with bad work habits when, given our current endemic unemployment, he has a choice of much more educated and dependable workers. 

In short, if the minimum wage were abolished, the bottom rungs of society would remain unemployed because their labor isn’t worth enough for them to live on, or worth anything at all. The bottom rungs creep upward. When almost everybody is unemployed, we will have to institute communism manque: "To each according to his needs and, from each, nothing much. I will then write The Theory of the Leisure Classes: A Study in Urban Chaos."

There you have it, all of economics in a small package. Buy survival gear.

Philip Francis Stanley and Grotesque Ophthalmological Malpractice



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Asset protection

Data Shows the REAL Economy is Imploding…"Stocks are set up for an absolute CRASH"

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Posted by Graham Summers - Phoenix Capital Research

on Friday, 27 February 2015 07:34

The global economy is literally imploding. 

Investors believe that China’s economy is chugging along, but the non-fraudulent data says otherwise.

China’s GDP numbers are a total fiction. And Chinese Government officials even ADMIT it! Back in 2007, no less than current First Vice Premiere of China, Li Keqiang, admitted to the US ambassador to China that ALL Chinese data, outside of electricity consumption, railroad cargo, and bank lending is for “reference only.”

As RBS Economics notes, China's rail volumes are collapsing at a rate 
not seen since the Asian Financial Crisis. The Chinese economy is literally collapsing faster NOW than it did in 2008.

image001

 

As far as Europe goes, Mario Draghi just admitted in the EU Parliament that the ECB has only one tool left at its disposal: QE. After that, there is nothing left in the tool box.



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