The US will have to send their sons and daughters exactly the same way we are sending our sons and daughters to war – and they will have to fight […] and they will be dying because it is a horrible thing. – Ukraine’s Zelensky

…

I’m in Kyiv to reaffirm our unwavering support of the Ukrainian people. Mr. Putin is counting on our global coalition’s resolve to wane, which he thinks will give him the upper hand in the war. But he is wrong. As President Biden said here last week, America will stand with Ukraine for as long as it takes.

Since the start of the full-scale war, the United States has provided close to $50 billion in economic, security and humanitarian assistance for Ukraine. We’re proud to be Ukraine’s largest bilateral donor, and just as proud to be joined by an international coalition of supporters, including the European Union and other members of the Group of 7. Our assistance has received broad bipartisan backing, and we’ve made sure to deploy these funds with accountability and transparency. Janet Yellen, Former Federal Reserve Chief

Our unelected controllers are always proud when they transfer American wealth to a political agenda attempting to cause a world war. Yellen is just another bankster – the equivalent of a money changer described in the New Testament. Standing and speaking for the President while showing the world who really controls the USA.

The so-called coalition of supporters Yellen mentioned is also an unelected gang of banksters and their imps robbing Europeans. At the same time, the Western economies are being deliberately destroyed by the same people.

As I explain in detail in my article, Central Banks Funding World War, a world war is Not Possible without Central Banking.

Central Banking is the primary instrument of destruction used by our controllers. The Central Bank enslaves a population, siphoning its resources through interest payments and banking fees over the years.

Central banking creates a monetary system based on a debt-based currency requiring interest payments for each dollar created out of nothing. This provides two things that should not be lawful in any civilization:

1. The unlimited creation of currency;
2. Government can and will spend currency without limits (over time)

Central Banks use their printed currency to bribe, influence, and eventually control governments. These same Central Bankers will then work to ensure their masters and their agenda will be funded even if it is hostile to the lives of the people of the nation the Central Bank claims to serve.

In the paragraph above, Yellen is not an elected official of the United States. Yet, she promises and intimates that the people of the United States and its government have agreed to spend $50 Billion first and continue to support the war in Ukraine and will do so for as long as it takes.

Again, Americans have no interest in Ukraine, and almost none of the people in the United States even understand what this war is about and what is the end goal this war accomplishes.

Central banking must be eliminated; it is a private, parasitical organization with interests, goals, and agendas. Allowing central banks to control the credit and currency of a nation is irrational and, as has been shown repeatedly, is dangerous and destructive to the nation and its people.

Happy Anniversary to Federal Reserve Rate Hikes

It’s been a year since the Federal Reserve began fighting inflation by raising the federal funds rate. Raising the federal funds rate was immediately passed off to the mortgage or consumer borrower and to those already making payments with a variable interest rate mortgage or loan.

During that same year, inflation continued to rise and raising interest rates only harmed the middle class. As I said in the many articles since I started following the deliberate financial collapse in the US and the West, raising interest rates while doing nothing to roll back spending is an intentional mockery of the idea of Fighting inflation.

Raising interest rates has significantly impacted the Housing and Automobile market, plus numerous other industry that depends on a vibrant economy to survive. The outcomes of this harm have yet to materialize fully, but suffice it to say that the American middle class’s financial collapse will be like none ever experienced in the USA.

The primary goal of raising rates while rabidly fueling inflation with ongoing frontend spending projects like the $50 billion sent to Ukraine for war or the billions used to subsidize chip manufacturers in 2022 and the monstrous spending in the latest spending bill of $1.7 Trillion – is to destroy the middle class and then, in the end, offer a new feudal system in its place.

While on the backend, black pool spending by the Fed to buy debt of any kind continues as they battle to keep the financial markets liquid and work to prevent the ten-year yield from melting up, signaling the death of the debt market – something that will finish off the financial system.

The death of the current monetary system has been planned for decades; the notable update has been the inclusion of the Central Bank Digital Currency system to replace the US dollar.

Coincident with the introduction of the CBDC is the Chinese-tested social crediting software that will become part of the CBDC – enforcing social credit demerits such as losing currency or access to your money.

Central Bank Digital Currencies are the newest and most oppressive way a centralized pathological control system will restrict your life.

The CBDC will introduce digital fences that can and will be created to limit our lives in ways we never thought existed. I have elaborated in articles past, but here is an excellent overview by Catherine Austin Fitts, former Assistant Secretary of Housing and Urban Development for Housing (HUD).

It is easy to see the CBDC as a digital and robotic evolution of the central bank. Evolving from an organization that attempted to dominate all financial activity in individual nations to a massive control system that will dominate all activity of most people in the world.

Congressman Tom Emmer of Minnesota introduced a law to prevent the federal reserve from issuing a new central bank digital currency. Congressman Emmer said:

 Not only would this CBDC model centralize Americans’ financial information, leaving it vulnerable to attack, but it could also be used as a surveillance tool that Americans should never tolerate from their own government.”

“Requiring users to open up an account at the Fed to access a US CBDC would put the Fed on an insidious path akin to China’s digital authoritarianism,” Emmer continued. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts. Regardless, any CBDC implemented by the Fed must be open, permissionless, and private. This means that any digital dollar must be accessible to all, transact on a blockchain that is transparent to all, and maintain the privacy elements of cash”  

It bears repeating: CBDC and central banking itself must be eliminated.

The Constitution does not empower or give authority to make a private corporate central bank the issuer of credit and currency on behalf of the US government. This power was expressly granted to the government and the treasury under specific guidelines.

Article 1, Section 8 of the United States Constitution defines and empowers the issuance of money. It states that Congress has the power “to coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.” Congress must also determine the value and standard of the currency and ensure that it is backed by a stable and reliable source.

There is NO authority for a privately owned banking cartel to issue currency given in the Constitution. Therefore, the Federal Reserve Act is color of law and, as such, is repugnant to the Constitutional.

Market Updates

Inflation continues to rise despite rake hikes causing many to believe the fed can still fix inflation by hiking interest rates (further damaging the economy). According to Barron’s magazine:

It’s a sign that the central bank may have to be more aggressive than expected on monetary policy and a worrying indicator for investors already nervous about stubbornly rising prices. – Inflation Comes in Higher in Troubling Sign for Fed.

Inflation continues to ravage the Eurozone:

Although overall inflation is well below its double-digit highs of October, it continues to broaden, fueling fears the earlier surge has seeped into the economy via so-called second-round effects, making it more difficult to root out. –Eurozone inflation eases in February, but core prices surge

The above is central bank speak for inflation continues to rise and will continue to rise (making it more difficult to root out). In accordance with doublespeak, we are told inflation eases as core prices go up – resulting in gibberish.

In the US, an article states: Inflation Continues to Rise, but Core CPI Remains Stable. Again these words indicate an attempt to minimize the fact that inflation continues to rise.

Meanwhile, the Bureau of Labor Statistics (BLS) has changed its methodology for calculating CPI, effective with the January report, and has used consumption data during a one-year period. The BLS has also changed the spending weights used to calculate inflation. For example, the weightage given to the shelter component has risen to 34.4% from 32.9%.

Let’s remember it is always the policy of the BLS to change methodology during times of rising inflation, unemployment, or money supply growth to present the data in a way less threatening to protect those deliberately causing inflation and the collapse of the middle class.

Housing Market

Many in the housing industry still claim that housing will not take a much larger hit and rising inflation AND interest rates will not create a 2008 or a worse inflation-fueled housing bubble to implode fully. These people are clearly wishfully thinking.

Rising inflation and interest rates also happened in the late 1970s when housing prices fell by more than 15% from 1977 to 1981.

The situation is different this time as the 1970s were not part of a massive housing bubble caused by a decade of inflation causing easy money. So, in the 70s, prices did not have so far to fall before rinsing out inflation bubble pricing.

Further, the dollar’s purchasing power was far greater in the 70s. Even with 18% inflation, the dollar could still purchase more than today’s dollars, impacting the average home buyer or market product consumer far less.

The dollar’s purchasing power will continue to fall until it is no longer a viable currency – while all things priced in dollars will explode in price.

Mortgage Rates

Mortgage rates jumped higher this week, getting even closer to 7% and crushing homebuyer activity, which hit a 28-year low.

The average rate on the 30-year fixed mortgage increased to 6.65% from 6.50% the week prior, according to Freddie Mac. Rates have climbed over a half-point in February, reversing declines since mid-November.

The spike in rates is another blow to would-be buyers, who are also facing still-high home prices and a shortage of affordable homes for sale. Sellers also appear to be pulling their listings, rather than cutting prices further to spur interest.

“I think the biggest concern is buying into a market that would continue to go down,” Jeff Reynolds, broker at Compass and founder of UrbanCondoSpaces, recently told Yahoo Finance. “In my 18-year career, I have never seen rate moves like we are seeing now.” –Mortgage rates surge closer to 7%

Automobile Market

Same situation in the automobile market, falling prices, collapsing dealerships, and the wringing out of the gigantic inflationary bubble in automobile prices.

Amid falling car prices and collapsing demand for new and used cars and trucks, dealers, in concert with manufacturers, continue to ignore the gravity of the situation. The New York Post noted dealers still marking vehicles up – even as much as a 43% markup over MSRP.

Auto customers flabbergasted to see jacked-up car prices at dealerships amid inflation, auto industry crisis: ‘We are going to be like Cuba soon’.

Meanwhile, Ford motor company, apparently anticipating coming hard times for car owners, is investing in a patented technology that will shut down your car if you are late on your payment and, using self-driving technology, return the vehicle to the lender or repo-man. This new technology will not care whether you are in a bind or are currently having trouble paying bills due to the economy –To avoid ‘confrontation,’ Ford applies for a patent on self-repossessing vehicle technology.

The examples above indicate a market in total disarray. This is not the time to make an automobile purchase. When prices eventually shake out, you will be shocked at how low they will go.

People Will Freak Out When Car Prices Collapse 60% From Current Levels.

Gold And Silver Mining Shares Are Going Up!

Mining shares will be among the last to respond to the rush to metals that will soon ensue. But miners who have access to capital without worrying about interest rate increases will have an edge as rising demand for gold, silver, and other mined assets begin to increase.

I have recently purchased some of the best-managed and best-positioned mining stocks with a robust balance sheet, substantial cash reserves, and market capitalization. I remain behind my statement that silver is the most manipulated price in the market, and metal is now the most undervalued asset we can readily get our hands on.

No Silver At Any Price

There is coming a day when the US dollar will no longer purchase silver. Silver is in relatively short supply (compared to other metals, especially gold) and is in constant demand (due to electronics, solar systems, medical systems, etc.)  All the available silver (coin stores, online stores, etc.) will have been purchased during this time. After that, major players will take control of mining and minting outputs (I remember my college econ professor saying, “Them that Has Gets”). Silver, therefore, will become unattainable and, for some time, unpriceable. There will be no price discovery systems at first, and holders of silver will be very reluctant to trade dying dollars for real money.

Silver and gold are on sale now: make sure to take advantage of this sale.

A Commodity SUPER-SPIKE Is Coming. Are You Ready for It?

Bankers preparing for the demise of the dollar: Central Banks Are Buying Gold At The Fastest Pace In 55 Years

Today commodities, in general, are in massive INVERSE bubbles; therefore, when risk-on eventually becomes risk-off, and it will, the price of commodities will SUPER-SPIKE.

Silver demand reached an all-time high in 2022, according to the Silver Institute.

Demand for silver was expected to have reached a new high of 1.21 billion ounces in 2022, up 16 percent from the year before, driven by increases in industrial use, jewelry and silverware offtake, and physical investment.

Mining stocks are beginning to come alive, and giant companies like BHP are reporting record-high earnings and stock prices. Junior mining stocks are at the launch pad and judiciously choosing the right company might be your key to banker independence over the next few years.

Demand for Silver will continue to increase this year.

Silver Spot Price: $21.12 | 1 oz. Silver Eagle Price $33.70 | Premium 59.56% ↓

Gold Spot Price: $1849.70 | 1 oz. Gold Eagle Price $2,014.50 | 8.90% ↓

$50 face value junk silver $1,060.50 | 40.45% over spot price for 71.5% silver quarters↑

10 Yield: 4.02% ↑[UNSTABLE! And Hard To Manage Now]↑

Crude Oil Price: $77.44 ↓

* note arrows show price increase or decrease over the last article.

Market analyst Super Star Greg Mannarino says it all. It is explained and like me Mannarino thinks silver is the most undervalued asset on Earth.

Final Thoughts

People are living in a culture of deceit. The mainstream media (CBS, NBC, FOX, MSNBC, ABC, and all the others) are all owned and controlled by the same people working to destroy the US dollar and the American middle class. News from these outlets is all the same – they march in lockstep; no competitive journalism is working to be the first with information. The mainstream is pure controlled propaganda, and for the most part, inverting what they say would be closer to the truth.

We are being told the Federal Reserve is Fighting Inflation, but we can see with our own eyes that after a full year of battle, the Federal Reserve has done nothing to stop or reduce inflation. In fact, we can see that spending by the federal government is increasing. At the same time, indicators show that someone (the federal reserve) is battling the debt market crisis by continuously buying up troubled assets. All of this is hyperinflationary.

Worse yet, the Federal Reserve is actively supporting and funding a war in Ukraine in which the US has been involved to the point of having recently been shown to have blown up the Nordstrom pipeline. Seymour Hersh, a 1970 Pulitzer Prize winner and international journalist, has a convincing argument that the US Navy destroyed the pipeline in what Biden said would be a retaliation for attacking Ukraine.

War is coming to the USA. A war deliberately caused by the same people standing in front of an audience in Ukraine explaining how the Federal Reserve and the US will continue to fund Ukraine’s war with Russia.

These actions are treason and do not in any way benefit the American people. In the first paragraph at the top of this article are the words of former comedian Zelensky, now playing the role of a President – saying that American sons and daughters will be needed to fight this war. This should disturb Americans who are unaware of how involved the USA is in the Ukraine war.

Tying this all together in a timeline, we are told that the Federal Reserve will introduce its digital gulag, called Central Bank Digital Currency (CBDC), in July of 2023. When the test of the CBDC begins, I expect to see the financial system collapse and become mainstream news. Barkers for the new voluntary gulag will be searching for those most affected by the economy and offering them a safe haven preloaded with money and the safety of this new-style Hotel California.

Some people, however, are waking up to the entire menu of tyranny, including the so-call vaccines (lethal injections), the destruction of food supply chains, the continuing poisoning of food and water, deliberate inflation and punishing interest rates, election fraud, and more. But as history has shown, war is the greatest distraction and, ultimately, a scapegoat for all crimes of a people’s government.

*Note In June 2023, a new FDA regulation will make it illegal to purchase or acquire antibiotics or medical supplies for your animals without a prescription. Many people use these products for their low-cost source of antibiotics, especially during hard times.

Here are the things those of you that plan to stand against the tyranny and slavery coming down the tracks (ready to derail the nation) should be thinking about.

Here are a few things of immediate importance.

Move out of cities.

Convert dollars that will be held hostage in the banking system to silver (and gold).

Keep Enough cash on hand for a month of typical requirements.

Keep stocking up on food.

Purchase and stockpile items for barter in times when money is not accepted.

Purchase productive assets (farms, farmland, tractors, specialized machinery).

Make preparations for gasoline and diesel fuel shortages coming this winter.

Obtain necessary components of cooking – cooking oils, flour, sugar, seasonings, etc.

Learn new skills: fishing, hunting, food storage, and gardening.

Purchase a water purification system.

Home cooking supplies, including fuel for stoves.

Medical supplies for humans and animals (see the note above for animals)

Invest in solar equipment for power generation.

Consider communications a priority and invest in radio equipment (shortwave receivers, shortwave radios (get your license), GMRS radios.

Preparation Over Fear!

Jack Mullen, MBA

SilverandGoldIRA.com

BestSilverAndGold.com

* Note I am not giving advice, only my opinion, I am not a financial advisor. This article represents my thoughts about the economy only.

 

 

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central banks Gold Janet Yellen Silver survial Ukraine War