Is The Economy Just Now Falling Apart

PlunkettsGhost

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Jeff Gundlach Warns Tucker Carlson of "Large, Multi-Generational Reset"​


 

Declan

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Declan

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34 trillion seems the straw that is pressuring the camel and it is coming into the public consciousness.

Stocks, gold and bonds down, the dollar up.
 

PlunkettsGhost

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Nenner says interest rates are not going down until summer. He likes gold longer term, but it has not bottomed yet. The stock market is in for at least a 30% fall in the next few months, and the country will fall into a deep recession after the halfway point in 2024. Yes, it could turn into the greatest depression ever because there is astronomical debt.

 

clarke-connolly

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More pneumonia given the retarded decisions in Germany and Belgium to shut their nuclear plants and the sabotage of the gas line's.
Add in green energy dogmas.
Europe is fucked totally.
" " Nice Job " " from the Americans.
 

jpc

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Remember, we still haven't paid back the debt from the economic collapse of 2008, just the interest.

Good times are coming!
What's that again about 230 billion euros?
About 10 billion a year and our tax take was 93 billion in 2021.
A lot of money
 

PlunkettsGhost

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GBTC ticker took a leap over 40 at the last minute SEC decision today, regarding Bitcoin ETF status. I believe there is talk of a stock split, and I imagine there will be a big run up in the price of this. Could be a nice little earner
 

Declan

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We could see gold and silver FINALLY begin to shine now with gold making a new high next week.
 

jpc

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We could see gold and silver FINALLY begin to shine now with gold making a new high next week.
Gold and silver have been very poor tracker's of value of late.
Strange given central banks have added large Gold reserves of recent years. Silver is the one that makes no sense given the demand as an industrial precious metal.
All that said there is a premium versus the stated price when you buy.
The real eye-opener is the discrepancy between paper Gold (unallocated) and stated physical gold.
If a fraction of the paper gold holders demanded the Physical item.
Be interesting to watch the consequences.
 

Declan

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Even the premium has dropped almost to regular for some rounds.

I actually am going to start buying the 2024 silver eagles when available in a few days.

I have not bought for my own stash IN YEARS
 

Declan

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The markets are back open to a touch of deflation.
Stocks, bonds, gold, oil. All down except the dollar up.
 

AUL LAD

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Gold and silver have been very poor tracker's of value of late.
Strange given central banks have added large Gold reserves of recent years. Silver is the one that makes no sense given the demand as an industrial precious metal.
All that said there is a premium versus the stated price when you buy.
The real eye-opener is the discrepancy between paper Gold (unallocated) and stated physical gold.
If a fraction of the paper gold holders demanded the Physical item.
Be interesting to watch the consequences.
gold certs are not worth the paper they are printed on .
when the shit hits the fan expect the answering machine to last a month before they disconnect the office .
it must be very difficult to keep a straight face selling something you do not own and you do not have to show you own to people who do not inquire any further -- i would say you would need frequent breaks to compose your self for the next victi/customer.
 

AUL LAD

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the hilltops of Ireland are owned by accountants as the land is too cold to grow anything and if you were mad enough to drain it it could still not grow anything so no young farmer wanted hill top land and a scheme was constructed by coillte to enable elderly farmers to sell their land or take a cash payment today for a crop of trees which had yet to be planted as they would be dead before they matured in 19 years time.
because there were so many tax breaks organised by the farming lobby associated with this scheme Irish accountants told their favored clients that their money will depreciate but not the hilltop which will grow trees that coillte will plant and harvest for you and allow you to acquire an non currency asset by writing off tax at the same time --this is an example of inflation defeating measures which have as the core characteristic a conversion of currency wealth to an item which is not subject to the theft of inherent wealth that the currency if morally managed would/should hold for us the worker ants in the nest.
inflation is the charging a higher price for commodities to those who do not own any commodities by those who do.
your money is worth less each day as these commodity owners extract more each day from you by printing more money as they cannot rob you unless you have something to give .
your wealth is tied up in a ever more worthless currency which is the vehicle they must use to rob you --they in turn de value the money further by immediately exchanging/converting it for a tangible asset such as land or commodities which allows only them to retain the wealth of the currency by getting as far away from the currency as quickly as possible..
there are therefore a number of wealth stable private currencies/items which are available to the wealthy but not available to you as you are a worker ant and only permitted to do your duties and bring value to the owner of the nest.
you are not permitted under the present system to bring value to your small stash of currency wealth .
15 years ago i started buying items at auction for a small amount which needed attention and when sandblasted and greased and painted with new switches and wiring they would have a value about 5 times what i paid for them .
i now have thousands of items --big and small and a very small bank balance --i always traded at a loss on paper as i purchased EQUIPMENT and my tax bill was low.
i saw the work of the farming lobby to manage wealth for the farmers and they were ruthless and all the changes were made by sit down private meetings with highly paid consultants for the farmers .
a good friend of mine was poisoned in a brick factory and was on the dole and harassed every week by public and private bodies paid to harass him -- he bought 22 acres of land and got a herd no and----- ended all problems and visits by anyone.
he was now on THE FARMERS DOLE and nobody was permitted to write to him or harass him in any way -- he said he was treated like a gentleman for the first time in his life .
i learned that because of farmer accounts legislation i can acquire the wealth of my business tax free if i do the paperwork farmer style when i retire and my business owes me a great deal as i did not receive the income i declared it owed me .
i can only do this because i own companies and if you have a company you are involved in your own nest wealth creation as opposed to being a worker ant in somebodies nest .
this nest is not my exclusive property even though i own all 100 shares it is a separate entity from me but under my control and it can own wealth independent from me and i must take steps to acquire that wealth in as tax friendly a way as possible -- hence the farmers plan which allows one single once off transfer of wealth which was designed to let the old boy retire and hand over the wealth of the farm to the young energetic farmer with the degree in agriculture who would generate wealth in the millions for the country with his youth and training and the wealth transfer from father to son tax free .
this is stated in order to show you wealth is not currency and the farther you get from currency the wealthier you will become.
 

Declan

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There is only one lifeboat, that is silver and gold coin well hidden.
 

Declan

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He said.
1. Nobody wants to live up a mountain.
2. Accountants bought this land chape.
3 They also fooled auld lads(but not Val as he is the 2nd smartest man in Ireland) to plant tress that would not grow til after they were dead by paying them cash now when they need it.
4. They printed money so they could buy now and when they sell the timber make a fortune.
5. AUD LAD started going to auctions and buying junk so he could reduce his taxes.
6. The end goal. To transfer all this junk and some decent assets to his son without being skint with taxes.
 

Myles O'Reilly

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Thank you Sir.

On point three at least he's being honest about being fooled. They pick on people like Aul Lad because his generation took people in good faith.

God knows how many elderly folk have been conned by these scumbegs.
 

AUL LAD

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There is only one lifeboat, that is silver and gold coin well hidden.
you need a plan -----you need HELP----- help can devour you if its the wrong help.
in a time of hunger those who do not slim are seen --those who can drive are seen -- those who smile occasionally are seen .
in your Ireland for hundreds of years Declan we learned to sing unaccompanied as those who had a musical instrument had a luxury item which caused their rent to go up --likewise anyone with new clothes had an increase in rent .
the English had a system of middlemen who were Irish and knew everything ---they were known in public as HALF SIRS as they had to be a station lower than the robber full sir .
these half sirs got commission if they spotted wealth or good health which was wealth .
in a new super watchful society the gold could be a death sentence for you and yours -- a determined even lightly criminal gang would get it off you in 5 minutes flat -- a the real thing would entertain themselves with your family after getting your wealth to make sure they got it all.
the wealth is useless without a plan to survive in a new world .
going into a hole in the ground is not a solution.
tell us what is a solution.
 

AUL LAD

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I want to know how a brick worker could afford 22 acres
when you are made of steel and will not be broken despite being told by your doctor the place is killing you and attending funerals of your colleagues .
the local parish priest called the press to the church as he said he was going to comment and the Kilkenny people published his sermon which included his loud angry shout that,
"""" how is it that this company who is one of the wealthiest in Ireland and worth billions cannot afford to discover what is causing the deaths in its workforce .
i am sick sore and tired burying men from this factory --this is worker number 34 i have buried from this factory . "" Rev Mons Ryan.
My friend knew they were trying to close the plant without paying redundancy for his 28 years there and they would start up the factory for a month and make a few bricks and then close it and fill the yard with bricks from the north and England to sicken the workers who drifted off to other employment after the factory was closed and re opened 5 times to sicken them .
he was one of a handful who stuck it out as the agents of the state private and public challenged his dole status repeatably as if he took up other employment he would not receive his redundancy -- which is what he used to buy the land .
roadstone own the ormonde brick factory in kilkenny which burned the bark off the trees facing the factory for 100meters and poisoned the cattle of neighboring farms the most famous being dan brennans land .
they are rough bastards and no lab in Ireland could be found to test the air and grass surrounding the factory it had to be done in Germany by an MEP called Mc Kenna .
 

Declan

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you need a plan -----you need HELP----- help can devour you if its the wrong help.
in a time of hunger those who do not slim are seen --those who can drive are seen -- those who smile occasionally are seen .
in your Ireland for hundreds of years Declan we learned to sing unaccompanied as those who had a musical instrument had a luxury item which caused their rent to go up --likewise anyone with new clothes had an increase in rent .
the English had a system of middlemen who were Irish and knew everything ---they were known in public as HALF SIRS as they had to be a station lower than the robber full sir .
these half sirs got commission if they spotted wealth or good health which was wealth .
in a new super watchful society the gold could be a death sentence for you and yours -- a determined even lightly criminal gang would get it off you in 5 minutes flat -- a the real thing would entertain themselves with your family after getting your wealth to make sure they got it all.
the wealth is useless without a plan to survive in a new world .
going into a hole in the ground is not a solution.
tell us what is a solution.
I certainly live modestly in a modest house. I could count on 2 neighbors maybe 3, out of 10 or 11. Luckily it is a dead end street protected on one side by a high sound proofing wall and a highway on the other side.

In Ireland, there should be no way of knowing you had coin unless you told people.

I am of the belief that seeking a "bolthole" in the hills is no longer the way to go. It was when the danger was nuclear war. The real danger today is social and economicic collapse.
 

AUL LAD

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I certainly live modestly in a modest house. I could count on 2 neighbors maybe 3, out of 10 or 11. Luckily it is a dead end street protected on one side by a high sound proofing wall and a highway on the other side.

In Ireland, there should be no way of knowing you had coin unless you told people.

I am of the belief that seeking a "bolthole" in the hills is no longer the way to go. It was when the danger was nuclear war. The real danger today is social and economicic collapse.
That is true but what do you do if you can establish a neighborhood watch armed to the teeth and operate as a co op you can survive however you need water food and heat .
the co op would have some success in getting supplies but in the event of social collapse a person on their own is dead meat .
the people who organized the vaccine and who populated the USA with the contents of the jails and mental hospitals of the world have organized the fear and nothing to lose population to target your co op Declan.
they wish to depopulate the planet to their stated 500,million they say the planet can cope with.
i detect a mad rush in this direction and i am constantly meeting people in their sixties and seventies who are saying to me they smell something big is going to happen but they have no idea what it is and these are people with 40 and 50 years of senior management / ceo types / teachers / medical people .
nobody in America is afraid of the 34 trillion just let her rip is the only cry .
the collapse of 29 is stated to be a picnic compared to what is coming .
98% of the chips required to allow America to function come from tiawan-- the yanks are trying to build one factory at breakneck speed but its no good china will act when china is forced to act and with the congress publicly discussing war with china on a daily basis this is not good .
Americans are the most cowardly conquered people on earth .
their Israeli parasite owns them by the balls and squeezes each day what ever it wants at the expense of the poor of America who have nobody to defend them.
 

Declan

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Too fucking bad you are not across the street from me.

I now realize thanks in part to discussion here, that my survival might be assisted by the demise of a country, or two.
 

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