29
June
2020

June 2020

A Recession ALWAYS ends in a (Civil) War and/or a Revolution. ALWAYS!

[Most Recent Quotes from www.kitco.com] [Most Recent Quotes from www.kitco.com]
physical: add up to $200 per oz. for physical add up to $11 per oz. Are you still Paper Gold?

NOTE:

  • The internet system makes it harder and harder for us to send out email messages and for you to receive these in your Inbox. If you wish to increase the odds, you have to create in your email system the following email addresses: This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it. and check your spam box.
  • Better, we advise you to consult the site on a daily base. Updates are made three times a week: on Monday, on Wednesday, and on Friday.
  • If you don't have a subscription, better take one now and profit from our special BEFORE we link the price of the subscription to the price of Gold & Silver.

Monday/Tuesday, June 29/30, 2020 - today's situation is as bad as the situation of the world at the end of World War 2!


Updated Sections: , , 

madame la marquiseThe real threat is (Hyper)inflation, NOT this COVID-thing. Amazing is that so many financial analysts and advisors still TRUST the financial markets (and Mainstream Liars) as nothing can happen. Most analysts are wasting their and your time by selling BS and by making it all look more complex than it in reality is.

"It is astounding how much economic crater is out there so forget the mainstream propaganda, we’re in a full-blown Depression and it’s scary."

The 1930 Depression. This decade was, for the most part, the opposite of the 1920s. It started with the bursting reactions to high levels of indebtedness and the markets discounting relatively high growth rates. This debt crisis and plunge in economic activity led to economic depression, which led to aggressive easing by the Fed that consisted of breaking the link to gold, interest rates hitting 0%, the printing of a lot of money, and the devaluing of the dollar, which was accompanied by rises in gold prices, stock prices, and commodity prices from 1932 to 1937. Because the monetary policy caused asset prices to rise and because compensation didn’t keep up, the wealth gap widened, a conflict between socialists and capitalists emerged, and there was the rise of populism and nationalism globally.

"Argentina has stopped to honor it's DEBT Three Months ago!"

In 1937, the Fed and fiscal policies were tightened a bit and the stock market and economy plunged. Simultaneously, the geopolitical conflicts between the emerging Axis countries of Germany, Italy, and Japan and the established Allied countries of the UK, France, and China intensified, which eventually led to an all-out war in Europe in 1939 and the US beginning a war in Asia in 1941. For the decade as a whole, stocks performed badly, and a debt crisis occurred early, which was largely handled via defaults, guarantees, and monetization of debts along with a lot of fiscal stimulation. Note: as subscribers know because Currencies are no longer money, this time will be different.

Only after World War II came the BIG RESET.  In Europe, savings were massively seized by the Authorities, in America, the tax rate was hiked all to way to 90%. Finally, the Marshall Plan and Bretton Woods kick-started a new boom. A boom that ended in 1971 on the day Nixon took the Dollar off GOLD and closed the Gold window.

We expect a SEVERE REAL ESTATE CRASH by the end of 2020, the beginning of 2021. See the video on the Subscriber section.

more in the subscribers' section.  Continue reading

 

 

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday/Friday, June 25/26, 2020 -  Since December 2019, those without gold & silver have become 17% poorer!


Updated Sections: , , 

value of currency 2020Prices don't go up - It's the value of money coming down. Initially, when a country prints money to extend prosperity, nobody notices that it is fake. After all, they are still called dollars, euros, or pounds. But gradually things become more expensive. The popular interpretation of increasing prices is calling it inflation. Nobody actually notices or understands that it is not prices going up but the value of the money going down as more and more which has zero value is issued.

Actually, in a healthy society, prices come down. Lower prices come as a result of savings which are used to invest in machinery and so make products and services cheaper for the consumer. Price inflation is ALWAYS the result of BAD MANAGEMENT. It is the result of Government spending money like there is no tomorrow in order to BUY votes.

The political pattern is always the same. The economy is never in equilibrium but moves in cycles of boom and bust. If these cycles were allowed to take their natural course, they would move up and down in a steady rhythm without reaching extremes at the top or bottom. Politicians together with Central Banks continuously interfere with the natural cycle and try to stop the natural cycles.  At a certain point, however, the system becomes so unstable that the Natural Forces take over and the system slides into a DEEP DEPRESSION which lasts for years.  The Great Depression of the 1930s lasted until after WW2 until 1946. Sixteen years of misery it was.

It is human psychology and hunger for power that prevent natural cycles from taking place. Most leaders, whether they are kings or presidents, all have fear of failure combined with illusions of grandeur. As the economy peaks and the good times come to an end, they know that the best chance of not being ejected is for the good times to continue. Today’s leaders’ primary objective is to hang on to power by buying votes and/or by stealing the job. Whatever it takes. Politicians, by definition, don't give SHIT about the people.

volle aflaat"The Vatican was built with money generated by selling indulgencies"

"The selling of "indulgences" was one of the corrupt practices of the Late Medieval Catholic Church, wherein payment of a small (or large, depending) sum of money gets you forgiven for your sins. The Pope was able to sell plenty of these “worthless documents” in exchange for “real money”, most of the time Silver Coins. With the money, they build the St-Pete cathedral and Vatican city.

Marx correctly called "religion" OPIUM for the Herd. Today ain't different.  The Herd is controlled by "Global Warming" and a "Covid-19" virus.  The great number of mouth masks we see proves how easy it still all is. In order to control The Herd, one BARKING DOG suffices. Today's politicians understand very well that it is really easy to manipulate a crowd by FEAR for an INVISIBLE DEVIL. For this reason, we expect that they will do whatever they can to keep the Covid-19 story alive for as long as possible.

The Herd still doesn't realize that later this year we may see a special COVID-19 tax. As usual, it will be sold as a one time only tax. Those who refuse to pay these taxes will be sent to HELL.

more in the subscribers' section...Continue reading


© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday, June 24, 2020 - Nearly Half Of Americans Considers Selling Home As COVID Crushes Finances.
!


Updated Sections: Treasuries in Europe, Corporate & Junk Bonds, 
$-Gold and charts for Majors & Juniors,Royalties, Investment Pyramid

Real Estate CrashUS Housing market slump continues. Few realize that the BUBBLE is now BIGGER than it was in 2006. Belgium's real estate bubble also starts to deflate and this includes Commercial Real Estate.  The COVID-virus is adding a lot of headwind to the sector: elderly die and their homes come up for sale, Air BnB's struggle and many will be forced to sell, layoffs and financial insecurity reduced the number of potential buyers. Also, Banks are reluctant to grant new mortgages, even when the property is used as collateral...

"With SUPPLY is rising sharply while demand is slowing down, the market dries up and prices always come down."

Nearly Half Of Americans Considers Selling Home As COVID Crushes Finances. As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to service mortgage payments. Households are struggling, and over half (52%) of respondents say they're routinely worried about making future mortgage payments and nearly half (47%) consider selling their home because of the inability to service mortgage payments.

corona and real estate 2020

"Delinquencies are set to surpass the great depression, which peakned at 10%."

81% of the respondents had experienced unexpected financial stress due to the virus-induced recession. Over half (56%) reduced spending so they could service mortgage payments. From clothing (71%) and take-out (66%) to streaming TV services (46%) and groceries (45%), respondents said their spending habits had been significantly reduced so they could service mortgage payments. In a separate report, more than 4 million homeowners are in mortgage forbearance plan - representing 7.54% of all mortgages, delinquencies are set to surpass the great recession, which peaked at 10%.

Bankruptcies, foreclosures, more unemployment, more debt, more worthless fiat money...this is the New Normal.

 JCPenney  USA DEFICITS AND DEBT 2020 06 18

"Cryptos signal the END of all Digital Fiat Currencies."

buy and sell copyThe Madness of Market Crowds. Are you a crowd or a "reasoning individual". A market too is a crowd… and equally susceptible to lunacy. Mr. Mackay consecrates page upon page to the Tulip delirium (1636–37), the Mississippi Bubble (1718–20), and the related South Sea Bubble (1720). It is a pity the fellow no longer writes.

The stock market bubble of 1929, the technology bubble of 2000, and the housing bubble of 2008 added entire chapters to the literature of mass delusion. Additional chapters, like the Big Stock Market Bang of the 21st Century— no doubt — await writing.

Here is the common element that unites the street protest, the nation at war, the frothing markets: The man in a crowd. Would a man outside a crowd hurl bricks at police… march off to war… buy stocks at the peak of a bubble? He would not. Only the man under crowd influence does any of it. See the literature section for more on this very interesting book.

Continue reading

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday/Tuesday, June 22/23, 2020 -Today is worse than during the 1930 Great Depression!


Updated Sections: Uranium-shares, Long Term Commodity charts (mind the RED arrows),
Commodities in Real Money, Inflation Index, Bonds-USA, ALL SHORT GOLD CANDLES

We are talking about the Big Depression of the 21st century. Important is to understand the COVID has done nothing more but to REVEAL the ongoing Depression. Is does so because the authorities use the COVID as an excuse for their personal mismanagement and also as an instrument to create exponential amounts of fiat money out of thin air like there is no tomorrow.

The Depression is real and the figures tell us it is WORSE than during the 1930s'. Those who think and hope that "it will soon all be like yesterday" are in for a bad surprise.

M2 2020 06 18  central banks balance sheet 2020 06 04
Historic growth in the Money Supply
Historic growth in the Money supply
global debt 2020 06 18

After the 2nd World War, the people
had to pay for the debt:
a high Taxation level (up to 90%),
a debt moratorium or
Bonds became 'almost worthless',
and through the Gutt, Lieftinck, etc
operations (direct legal theft).

Global debt is as high as after WW2.  
Unemployment 2020 06 20 Real personal income 2020 06 20
A historic spike in unemployment A historic crash in real Income

Continue reading.


Central banks are buying Corporate Bonds and Shares: there is NO doubt left that the Fed & Central Banks are the market.
There is NO doubt that this story will have a VERY BAD ending!

Important Fundamentals:

  • Baxter (pharma) Gets a Boost from Vaccines and Antivirals. companies such as Baxter with experience in diagnostic testing, vaccines, and antiviral medicines, as well as suppliers of protective equipment and other hospital products, could benefit from efforts to contain the coronavirus pandemic. Fundamentals for other Pharma corp. are also improving.
  • B2Gold doubles dividend as gold price trades $200/oz higher than the firm’s 2020 assumption.
  • Copper is coming alive. Copper always comes alive when a major WAR is expected.
  • Peak oil we have! WTI jumps to $40 on Demand Recovery. Last Friday, oil prices reacted to bullish signals both in demand and supply. On the demand side, the Brent Crude price structure flipped to backwardation on Friday, signaling a tightening of the physical oil market. JP Morgan's head of oil and gas research confirms that the chances of oil going toward $100 at this point are higher than three months ago. We expect the oil market to swing into a deficit sometime in 2022. JP Morgan's analysts issued a note saying the oil industry was entering a supercycle that could see the price of oil hit $190 a barrel by 2025. The oil deficit could reach 6.8 million BPD by 2025. This is what could cause prices to climb to $100 or more.
  • The U.S. trade deficit is peaking and spells a lot of weakness for the U.S. Dollar (vs. Gold & Silver).

US trade deficit 2020 06 20

Important Technicals:

  • Stock Markets are OVERBOUGHT and we still expect a correction.
  • Gold & Silver could be breaking out again soon:  $1,760 and $18 are important resistance levels.  It is important to understand that it is not really important whether you buy your Gold at a price of $1,750 or $1,850. Important is to HAVE physical Gold & Silver and to store it out of political reach.
stocks versus gold since 1971
 Show this chart to those who still think they can
outsmart Gold by playing the Stock Markets.
Stocks come down expressed in Real Money.
Screen Shot 2020 06 19 at 12.03.05 PM Screen Shot 2020 06 19 at 12.05.34 PM

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday/Tuesday, June 22/23, 2020 - Today is worse than during the 1930 Great Depression
!


Updated Sections: Uranium-shares, Long Term Commodity charts (mind the RED arrows),
Commodities in Real Money, Inflation Index, Bonds-USA, ALL SHORT GOLD CANDLES

We are talking about the Big Depression of the 21st century. Important is to understand the COVID has done nothing more but to REVEAL the ongoing Depression. Is does so because the authorities use the COVID as an excuse for their personal mismanagement and also as an instrument to create exponential amounts of fiat money out of thin air like there is no tomorrow.

The Depression is real and the figures tell us it is WORSE than during the 1930s'. Those who think and hope that "it will soon all be like yesterday" are in for a VERY bad surprise.

M2 2020 06 18  central banks balance sheet 2020 06 04
Historic growth in the Money Supply
Historic growth in the Money supply
global debt 2020 06 18

After the 2nd World War, the people
had to pay for the debt:
a high Taxation level (up to 90%),
a debt moratorium or
Bonds became 'almost worthless',
and through the Gutt, Lieftinck, etc
operations (direct legal theft).

Global debt is as high as after WW2.  
Unemployment 2020 06 20 Real personal income 2020 06 20
A historic spike in unemployment A historic crash in real Income

Continue reading...


© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday/Friday, June 18/19, 2020 - You should count your net worth in ounces of Gold only – not in fiat money
!


Updated Sections: Agriculturals, Copper-Platinum & Non-Ferro's ,

Mad Max and the Barbarians are taking over whole countries. Seattle, USA shows us where the USA is going as a nation. Dijon, France shows us where France is going as a nation. Antwerp (Borgerhout) and Brussels are showing us where Belgium is going as a nation.  Police forces are afraid to intervene...Note: unlike in the USA it is VERY HARD for a tax-paying citizen to receive a gun license. Once obtained, one must by law keep rounds and weapons in two different safes. These gangs, however, have no problem as they buy their guns on the black market.

Certainly, we were right over the last eight years when we were writing: "Emigrate While You Still Can". As it looks today, emigrating won’t be possible much longer. We have also assumed that there a28f0e7b 08df 453f 8946 227abd1e5c0cwill be travel restrictions and capital controls.  It was clear that one-day things would have to become worse: there are almost worldwide travel restrictions now!  Who would have expected that 60 days ago? If they put capital controls on top, you can forget the idea of emigrating, because you won’t be able to transfer money to Panama anymore.

"If they put capital controls on top of travel restrictions, you can forget the idea of emigrating."

There still should be some more time left. In my opinion, the situation will soon calm down and you should use this chance to realize your plan to emigrate. If you decide to do so, from now on you shouldn't waste any more time. We can register a company for you in Panama and we can assist you to prepare your emigration this year. While we take care of the registration of your company, we tell you how to obtain all the documents you need to apply for your residence permit in Panama.

"Start working on your PLAN "B" now, while you still can!"

Meanwhile, there is some news that the UN wants global power to tax 10% for Coronavirus. This should not be a major challenge for this organization, as they have imprisoned the whole world by now. It would be nice if that was all, but this is probably just the beginning of a worldwide expropriation. If worse comes to worst, it does make sense to know that Panama is a food-producing country, that there is a lot of fish, and that the place is safe and has an excellent health system.  The taxation system is extremely inviting: no tax on your foreign income, no inheritance tax, no capital gain tax, no real estate tax of the 10 first years. Last but not least, the immigration procedure is swift and affordable for everybody. Send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. for more.

sold gold no silverAnother kind of expropriation is currently being done through the stock exchanges. It is interesting to note that stocks continue to go up (even the stocks of bankrupt companies like Herz) expressed in fiat paper terms but come down expressed in terms of REAL money (Gold). Hertz filed for bankruptcy, Starbuck to close 600 shops in North-America, Renault to fire thousands, and to close Nissan plant in Barcelona, Macy's may no longer exist, Kaufhof to close 80 shops in Germany. These are just some examples and more closures are expected towards the end of 2020.

Only Gold is a yardstick to measure your net worth in because the value of Gold has been 1 ounce of Gold for centuries.  If we assume that the Dollar will be the last currency standing than one must conclude that only physical Gold will keep you safe. Those keeping savings in the Bank system will lose it all or 100%. Those keeping their savings in SHARES will lose half (50%).  Those keeping their savings in Bonds/Treasuries will lose at least 75%. Even Real Estate won't be able to save you. On the contrary, if someday you need to emigrate, you will lose it...like Venezuelans leaving home lose their homes if they stay away for more than 3 months.


Continue reading...

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday, June 17, 2020 - The Fiat paper price of Physical Gold is really not very important
!


Updated Sections: Crude Oil (incl. 7 Sisters video), Coal-Solar & Rare Metals ,

STALINDid you like your 90 days of communist experience? European Leaders Cower in the Face of China and Iran. The equivocation of European leaders is a reflection not only of Europe's geopolitical weakness and economic over-dependence on China but also of a moral vacuum in which they refuse to stand up for Western values. Western leaders did exactly the same the Chinese leaders did after the Corona-breakout. A lockdown, traveling forbidden, everybody forced to wear a facemask, social distancing,...The ideal formula to control The Herd in an Orwell style.

We increasingly hear words of admiration in Europe about the speed and efficiency of the Chinese market economy, the rigorous nature of its crisis management. All the time gladly ignoring the fact that China's successes rest on a highly perfected system of digital surveillance that translates the perversions of the KGB and Stasi into the 21st century. And Digital Surveillance the West is now trying to implement by this Corona-App.

In China, the crisis was first ignored by the centralist system and then crushed by brutal, authoritarian measures. These measures will help the totalitarian state reinforce control over its citizens in the future. Our democratic countries must avoid the temptation to use the emergency measures taken today to control the citizens tomorrow, for example via tracking their movements and contacts through mobile phones. Although some lip service is paid to the contrary, we already hear suggestions from political leaders and NGO’s in that direction. A Corona-app already exists and Germany is trying to sell it to its citizens.

"The Law-of-Diminishing Returns is Taking Hold of the "Monetary Policy."

starving billionaireMost people don’t understand the cause of hyperinflation. Many argue that we can’t get hyperinflation since asset prices are now under pressure and there is no demand-led inflation as most people currently have very little money. Every alert person should already have noticed that all food products have become more expensive and that the price of your supermarket shopping cart has gone up by 20% to 50% (depending on the country you are living in).

Such only happens in LALA-Land: FED, Central Banks buy more Corporate debt?!

What few people (incl. Economists, Financial Analysts, ….) understand is that hyperinflation is a currency driven event. It doesn’t arise as a result of prices going up. Instead, hyperinflation comes from the value of the currency imploding. In every case of hyperinflation in history, it is the collapse of the currency that is the cause. So what leads to the currency collapsing. Well, exactly what is happening now around the world, namely unlimited money printing and credit creation. Led by the Fed and the ECB, the whole world is now extending trillions in loans, subsidies, and guarantees to companies and individuals. Government deficits are now surging as tax revenues collapse and expenditures increase rapidly. So governments will also need to print money to finance their galloping deficits. The inevitable outcome will be hyperinflation and bankruptcy although few nations will admit it.

 

Tomorrow we will all be billionaires!
More than One Trillion Dollar, Euro DEBT

we have!

This IS Hyperinflation.

Screen Shot 2020 06 15 at 8.05.36 AM
The exponential increase in US-Money Supply
The exponential increase in Peso-Money Supply
US M2 2020 06 14 Argentina M2 2020 06 14
Continue reading...

Resulted in a CRASHING PESO and will
result in crashing Currencies.
Only this time, and because ALL currencies
hold US-Dollars in their reserves,
the crash will be global and only be
visible in PHYSICAL Gold.


Continue reading...

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday/Tuesday, June 15/16, 2020 - Few understand how important the coming presidential elections in the USA are for the World
!


Updated Sections: Recession-proof shares (LOCG), Recession-proof shares (hold-sell),
Bio Tech-Pharma, Oil shares,
Banks & Financials,

The Corona-virus, the Mad-Max happenings around the Floyd case, the Black lives matter,  and what may be coming before the elections this coming November can all be related to the DEEP STATE and the Democrats losing their power all over the Western World.  Trump didn't become President to make some quick money. This man doesn't need it.  If Democrats don't retake the Senate and the White House in November, Trump will continue to drain the SWAMP (NATO, WHO, UN, NGOs,...) which is populated by corrupt democrats and their vassals.

People don't understand what is happening. They don't see the relation between the politics (Riots, Black Lives matter, Corona,..) and the disastrous state of the World Economy and Financial System. People are only looking at real estate, stocks, currencies, and gold going up or going down when expressed in WORTHLESS FIAT MONEY. All that matters is that it's going up so they feel richer.  The Corona-virus is a catalyst for the Recession, it takes the attention away from the bitter reality, and last but not least is used as a scapegoat. Even more dangerous is that people not only don't understand what is happening but that on top they think of themselves of WISENOSES who know better than any decent financial analyst & economists. Maybe this happens because the bulk of economists and analysts are not telling the truth (because they are not allowed to or because they don't know).

"The Dow Jones is down 80% when expressed in REAL TERMS, Your house is down when expressed in real terms. The reality is that you are getting poorer each day, not richer."

Whereas the Euro-currency appears to be stronger versus the US-Dollar, it, in reality, is WEAKER expressed in Real Terms (expressed in Gold). And this is what counts. Nobody should think in terms of Currencies but only in terms of REAL Money or Gold and Silver.

Whereas the Nasdaq appears to be stronger expressed in US-Dollar and Euros, it has lost 80% in value when expressed in Real Terms (in Gold). And, mark my words, over the next months and years, the NASDAQ is going to lose another 95%. The same applies to all other Stock Markets. Apple and Amazon are not going to make you rich.

"Apple and Amazon are NOT going to make your rich!"

They cannot and will not solve the problem by creating more fiat money out of thin air and by creating more debt. This is by definition, simply impossible. A minimum income is Social Bullshit. The trillions they create to assist corporations and banks in trouble will just make it all worse. Not better. The FED, the IMF, the BIS have NO MONEY and cannot create money out of thin air. What they create, is a DREAM, A BUBBLE.

debt to spend 2020 06 11
 More debt (more currency) to try to cover
existing debt (currency) NEVER works.

This is how the Dutch made their citizens
PAY for the 1930 Depression & War Damage
!
The END is not near, it already is here.
Herz files for bankruptcy, but shares are up by 55% This is LALA-LAND, populated by Idiots and
Morons who are buying shares of Bankrupt corp.  

Continue reading...

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday/Friday, June 11/12, 2020 - There is a growing
DISCONNECT between the rising markets and reality!


Updated Sections: US-Dollar, Royalties, Majors, Goldshare fundamentals, Juniors 

francisBrokers are opening accounts for new clients by the thousands. Most of the time for people who NEVER bought any stocks before in their lives. Just like during the 1920's everybody, even Joe six-pack wants to be part of the Fools Gold Game.

They have not the slightest clue that these rising stock markets and these rising bond markets are nothing but a charade made possible because the Central Banks buy equities with money created out of thin air. Financial markets are manipulated, rigged as they have never been before in history.  The day comes where this DREAM-BUBBLE will hit the PIN of reality and these Financial Markets will evaporate into nothing. Before this happens, the hyperinflation will take all REAL VALUE out of equities. With your whole portfolio, and with some luck, you will be able to just buy TWO EGGS. That on condition the Stock Markets don't freeze up and/or we don't have a bank holiday or a War. The rule is that Stock Markets are closed during wars.

"The hyperinflation will take all REAL VALUE out of equities."

The reality is that we have the BIGGEST drop in RETAIL SALES for 73 years. Note that officials and Mainstream Media can no longer pretend this Depression which started before the arrival of Mr. COVID ain't at least a Recession. Economists expect a contraction in the GDP ranging from -10% to -50%.  The Atlantic FED quotes a contraction of -53%.  Note that this contraction is which is BIGGER than the contraction we had in the 1930s, is wiping out 11 years of growth.

While I’m not sure exactly when or how the catharsis will occur, I think that it is highly likely that sometime in the next few years, central banks will run out of stimulants to boost the markets.  Such will happen once the additional quantities of fiat money they create out of thin air, has no marginal value left. At that time, there will be even more debt and non-debt liabilities (e.g., pension and healthcare) that will increasingly become due.

Real interest rate returns will be pushed so low that investors holding the debt won’t want to hold it and will start to move to something they think is better.  However, the large need for REAL money to fund liabilities will start a “big squeeze.” At that point, there won’t be enough money to meet the needs for it, so there will have to be some combination of large deficits that are monetized (printing even more fiat money), currency depreciation, and large tax increases (more capital gain tax, more bail-ins,..), and these circumstances will likely increase the conflicts between the capitalist haves and the socialist have-nots. Especially so once the market in combination with weak currencies sends the interest rates to the moon. At this point, only Physical Gold and Silver will survive. On condition, we have no windfall profit tax and it is not seized by the Authorities to calm down the Herd.


Important Fundamentals:

Important Technicals:

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday, June 10, 2020 - Until we have the US-presidential elections they will keep this dirty Corona-joke with mouth-masks alive!


Updated Sections: World Stock Market Indexes, Indexes in(Real Money)Gold, Long Term charts, 

francisMark my words: until we have the US-presidential elections they will keep this dirty Corona-joke with mouth-masks alive. However, what will follow, will not be a joke. There is and will only be one way to survive the dirty-hyperinflationary-virus and that is by investing in Gold & Silver and keeping your Physical Gold (and Silver) out of political reach.

Both the Corona and Floyd happenings and misused by the Authorities to dramatically increase budget deficits and to create exponential quantities of money out of thin air. At the same time, the attention of the Media and Public is diverted away from the cruel reality and increases the odds that Democrats will take back the Senate and the White House.  Every alerted citizen who sees this Pelozi kneel for a CRIMINAL should understand they will do everything to get back into power. Even if it means they have to sell their mother.

"Stock Markets going to the Moon...in terms of Fiat Money only"

The video tries to explain what the financial markets look like today and why they behave the way they do. Note that we fully DISAGREE with certain affirmations and hints given in the video (for example. Bitcoin, Real Estate,...). The "Rising stock markets" will, without any doubt, attract an increasing amount of investors chasing the "Fools Gold" and end with a crash as we had in 1929. 

Money creation and QE4 out of thin air it is: The REPO operations launched in September 2019 forced massive liquidity into the markets to prevent certain select hedge funds from blowing up and which put a bid into stocks accelerated into 2020. Next came the media-fueled Corona panic that miraculously grew from a violent strain of influenza into a global pandemic allowing the creation of trillions of Fiat Money and unseen budget deficits.  This money-printing convulsion by central banks makes the Great Financial Bailout of 2009-2011 look like a bake sale raffle.

"Colonel De Gaulle advised preparing for WW2 by building more tanks and airplanes. Nobody listened to him."

Colonel De Gaulle advised preparing for WW2 by building more tanks and airplanes. Nobody listened to him. They said he was crazy. IMPORTANT is to prepare NOW...to to ensure your savings are invested properly and kept SAFELY. How long such will be necessary and which opportunities will present themselves over the coming months and years, we can't tell today. However, one thing is sure, he who has purchasing power when the time has come will be able to make a fortune. Also, those who did nothing and kept chasing fools gold will end empty-handed.  Note: President De Gaulle was also right on GOLD!

"Fortunes will be made and Fortunes will be lost!"

The situation in Europe prior to WW2 was different but identical to the situation today. The Politicians did nothing, saw no evil in what Hitler did, and refused to take any precautions. Today politicians invite and support immigrants. Suppress the native population and let Barbarians destroy the Economy.  By doing so the Corona-impact on the productive economy will become even worse, and the seeds of a (Civil) War are sawn all over the world. Remember that in times of War, Gold & Silver always reign.


Last week, one of Europe’s most high-profile hedge fund managers predicted that inflation would soar in the aftermath of Coronavirus. Governments and central banks have injected record amounts of stimulus into the financial system. The printing presses are running around the world as governments increase the money supply. They can print legal tender to their heart’s content. When it comes to another reserve asset held by central banks, they can only increase the gold supply by extracting more from the crust of the earth or confiscating it from individual holders.

The global Coronavirus pandemic has hit the United States particularly hard. If you believe that data on infections and fatalities, which is more than a leap of faith when it comes to China, the US leads the world in deaths and the number of cases as of the end of May. Since March, the number of unemployed in the US exploded to over 38.4 million, and the economy is contracting. The self-induced coma for business activity has created the worst financial crisis since the Great Depression in the 1930s.

Gone shopping recently? The Price Of Half The World's Staple Food Is Up 70% In 2020. Now the not so good news: as Bank of America's Michael Hartnett notes in his Flow Show today, while beef may be affordable again, rice - the staple food for half of the world's population - is becoming increasingly unaffordable, "surging 70% since Jan on COVID-19 labor supply chain hit & stockpiling."

the price of rice 2020 06 07

Important Fundamentals:

  • The ECB confirmed it will also start to buy Shares. Note the FED, BoJ and National Bank of Switzerland already do.
  • The end of FRACKING (as predicted). U.S. Rig Count Crashes Below 300. Major Oil cos' will be severely  Continue reading...

Important Technicals:

  • The candle chart below shows the SWISS SMI index expressed in Gold. Note we had a STOP LOSS situation and we now have a PULL-BACK (Backtest). If the chart is correct, this backtest will end sometime between Continue reading...
  • GAPS are closed: FCG +11.69%; NBR + 32.19%; RIG +22.80%; NE + 124.21%; CHK + 66.49% - Continue reading...
  • see the charts below...Continue reading...

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday/Tuesday, June 8/9, 2020 - The paper Gold market broke on March 23, 2020, & It's raining money!


Updated Sections: Can$-Gold & Can$/$/€, £-Gold & £/$/€, Kr-Gold & Kr/$/€, 

bankruptcyStates are facing bankruptcy. Oman can hardly even pay his electricity bill. The IMF has been now lobbying to defer emerging-market debt for one year. We have been able to confirm from behind the curtain that more than 100 nations have asked the IMF for help. The sheer stupidity of this coronavirus lockdown is beyond belief. It seems no politician bothered to ask advice from anyone other than epidemiologists. Neil Ferguson may have resigned for bad judgment, but the politicians who failed to consult other fields including economics should resign.

"It's raining money: ECB to inject another € 600 bn on top of the previous € 750 bn."

The lack of common sense amounts to the sad fact that politicians have set off a Monetary Crisis Cycle over the next two years, for they have seriously disrupted the entire world economy. These emerging markets will not be able to pay their debts any time soon, especially when European politicians are trying to convert the economy to a Green New Deal & World Order. This will devastate emerging market economies and set in motion massive sovereign debt defaults. We could not have elected anyone more brain-dead than those holding office pushing this agenda after they wiped out the world economy with their fake virus PLAN-DEMIC.

"What they could not do using the Global Warming lie, is now done through the Corona-shock. Trillions of fresh debt=money are created both by the FED and the ECB."

The bang will probably come from the US, which despite huge QE programs is plunging into a depression that will make the 1930s seem small. Almost 40% unemployment, while at the same time food prices are rising. Globally, up to 1.6 billion people could become unemployed, affecting developing countries in particular. Society changing events are looming. Inflation-adjusted gold price $18,100. The silver move will be spectacular.


The paper Gold market broke on March 23, 2020.

Gold Is Headed To A New All-Time High As Gold-Backed ETF’s Now Exceed 100 Million Ounces. Gold is the only valuable diversifier amid a very uncertain economic and geopolitical outlook. With this in mind, my forecast is still that gold will move higher and eventually within the next 6 -12 months breach the record high from 2011 at $1920/oz. The previous high in euro has already been broken time ago.

The transatlantic disconnect that occurred between gold futures traded in New York and spot gold traded in London back in March, left many market makers (Scotia bank,...) with heavy losses. The link between the two markets is called the ETP (Exchange for physical). Once the spread between spot and futures diverge too much from fair value market makers step in to take the other side of the trade. EFP trading, however, depends on the ability to freely move gold from London to New York in order to arbitrage these spreads.

The pandemic temporarily shut transport routes and refining activity and it let to the blow out in spreads. A development that ended up costing market makers hundreds of millions of dollars in unrealized and eventually realized losses. As a consequence, several market makers have closed down while others have had their trading limits cut.

Important Fundamentals:

  • The best way to build wealth is not homeownership. Houses depreciate over time and are expensive to maintain. Owning one drains wealth, it doesn't create it. Creating wealth requires work, savings, & investment. You can't just own a house and live in it.
  • A bad omen (when Jews leave, the end is near): New York City is the largest urban area in the US. It has the biggest economy and is the nation’s financial and cultural center. It also contains the largest single Jewish population in the world outside Israel. All those things are about to change. Continue reading...
  • The price for physical Silver in New Zealand is $52 oz. When the next global financial crisis hits, Silver coin & bar supply may totally dry up. If investors are waiting for much lower premiums to purchase silver bullion products, they may be Continue reading...
  • The price for physical Gold in India is $2,100 oz.
  • Bond markets might hold up for a bit longer with massive central bank manipulation and money printing. Junk bonds will first start crashing and constant downgrades will turn a lot of debt to junk. Much of corporate debt will go the same way and within 6-12 months also sovereign debt will come under attack.
  • We have a disconnect between the Stock Markets and the economy. 
  • A Tsunami of defaults and evictions looms on the horizon after this Corona-lockdown-idiocy is lifted.

Important Technicals:

Continue reading... Continue reading...
 Extremely  Bullish  Extremely  Bullish
Continue reading... Continue reading...
 Bullish - expect a correction
 Bullish - expect a correction

© - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday/Friday, June 4/5, 2020 - If a Democrat is elected president in November, it's bye-bye America and bye, bye the Dollar.


Updated Sections: Can$-Gold & Can$/$/€, £-Gold & £/$/€, Kr-Gold & Kr/$/€, 

MN2 velocity 2020 06 02This time, when we have our hyperinflation, we won't even be able to warm us with worthless banknotes as it will happen digitally and will go on until the computers say “game over” or your screen freezes. And a hyperinflationary depression comes with a depression (lower economic activity) and exponential money printing.

There are all kinds of reasons to doubt the quick economic recovery narrative. We’ve reported on the number of over-leveraged zombie companies, skyrocketing household debt, the battered labor market, and a potential cash-flow crisis even after the economy gets moving. Now we have another sign of long-term economic trouble. A survey conducted by the financial services company Azlo found that nearly half of small business owners think they will eventually have to close their businesses for good.

Governments turned a recession into a depression. When this Corona-thing arrived, the economy was already in a recession.  The coronavirus came along and governments (IDIOTS-PSYCHO's-LIARS) shut things down to minimize the pandemic. That led to massive layoffs and this nasty depression...and the worst has yet to come.

In China where people have gone back to work, tourism shrank 68% compared to last year. The income of operating restaurants, daily revenues are down 50% from January.

"Why is it Made in China? It's taxes, you Idiots."

It's taxing, you Idiots. As long as we don't cut government in half, wipe away regulations and heavy taxations on entrepreneurs and slash the welfare budget, for a starter, it is simply impossible to compete with Chinese and other co's. People and politicians still don't seem to realize that there is a very good reason WHY everything is "Made in China" Taxation and regulations ALWAYS chase PRODUCTION away!

Just how far can these Politicians push us before this turns into more massive violence? Hopefully, the people will rise up and vote every politician out of office who has supported lockdowns around the world. They really need to be shown that accountability is important. Due to all of the economic destruction they have imposed, they will NEVER admit they were wrong. They MUST somehow keep in place what they proposed and continue to cite fake studies and models to pretend they were right. This is not going to go over well. The sooner these people are removed from office, the SAFER society will be. No politicians will now come out and even say “sorry” about that! They would rather start a war with China to retain personal power!

Most currencies will lose 100% in the next few years. But what we must remember is that the final fall to the bottom involves a 100% fall from today in the value of the Dollar, Euro, Yen, etc. It was always clear that the current monetary system would end like all the others in history since no currency has ever survived intact with the exception of gold. And the world’s central banks have now started the process that will lead to the demise of paper money as we know it today.

The message couldn’t be clearer. Still, most people don’t get gold, since less than 0.5% of world financial assets are invested in physical gold. As we have outlined in many articles, stocks, bonds, and property will lose 90-99% in real terms, against gold, in the next few years. Many bonds will lose 100%. And paper money will lose 100%.

Important Fundamentals:

Important Technicals:

Copyright, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.


Wednesday, June 3, 2020 -  There is a disconnect between the economy and the stock markets.


Updated Sections: US-Dollar, Rupee-Gold, Swiss-Gold & Swiss/$/€, €-Gold & €/$,
Gold share fundamentals

What the World needs is LESS GOVERNMENT and not MORE Government and the world has just taken a step in the wrong direction.  As we learned out of history (did you?) this story will end BAD and with a lot of Bloodsheds.  This Floyd Looting is Socialism without the Middle Man!

Currency wars, trade wars, and finally revolutions, world wars (with China). When everything else fails, they take you to war. What happened in Minneapolis is a spark that initiated the civil war in the USA. After the Corona-shock, we have the George Floyd shock. Still, with all this misery and economic drama, the STOCK MARKETS are still steady and even going up! With this Corona and Floyd incidents, you can be 100% sure that all the money/debt (money=debt) limitations will be completely lifted and that they will create money=debt like there is no tomorrow. We all know how this will end!

"GDP will come down by 30% while the Dow Jones will go up by  30% and more"

The financial markets are no longer a matter of economics, but of money printing and communicating financial vessels and I have no doubt that the Stock Markets will continue to go up as there will be even more money printing. Only, with all profits you make in the Stock Markets, with your portfolio you won't even be able to buy a loaf of bread.

"Only physical Gold and Silver out of political reach will save you!"

Shopping Malls are broke and bankrupt. The same story for Cruise ships, Airlines, Casinos, ...the nuclear debt bomb is detonating. The Corona-shock and the George looting will end in even worse economic figures, an even lower BNP, even more unemployment, even weaker corporate earnings.

If you think the rioting and looting are bad now, wait until the supplemental unemployment benefits expire, or inflation wipes out their value. What happens when price controls or rationing leas to food and power shortages? What we're seeing now is but a glimpse of what's coming.

"We are about to see even bigger government spending, bigger deficits, more social programs, more socialism and more communism."

Note: what happens today in the U.S.A. is seeping into Canada (Montreal-lootings by black people) and will happen tomorrow today in Europe. Got GOLD & SILVER?

MAD MAX has arrived in Girona-Spain, Paris-France!  - see Twitter & below for the video!...tomorrow in your town?!

Important Fundamentals:

  • Expect the profit margins of insurance and re-insurance co's to ...Continue reading...
  • The Central Banks are ...Continue reading...
  • AUSTRALIA. The Reserve Bank is being urged to... Continue reading...
  • COVID takes 66% of xxxxx output offline.
  • xxxxx xxxxx achieves commercial production at Oksut mine.
  • xxxxxx 1Q earnings boosted by higher output and higher gold price...Continue reading...

Important Technicals:

  • To make is easier to walk the Goldonomic site, we have decided the use 3 colors for our charts:  Green = bullish, Sand = sideward, Pink = bearish. The adjustments will be made during the coming updates...Continue reading...

Copyright, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.


Monday/Tuesday, June 1/2, 2020 - The George Floyd Protests and Riots throughout the USA is about the "DEPRESSION"


Updated Sections: $-Gold, Silver (a SUPER BUY - target $**),

The George Floyd Protests is the American version of the European Yellow Jackets.

This ain't about Corona, not about the death of somebody...no, it's about the Economic Depression, about the extremely 35% high unemployment rate (35% - Shadow Statistics), about poverty. This is the result of decennial of political mismanagement, Central Bank irresponsibility, the creation of quadrillions of FIAT MONEY, and democracy who has in reality become socialism.  It is about Socialism which has in fact become Communism, about unelected illiterate political psychopaths and Clowns destroying the Western World.

In truth, the economy was a Central Bank-induced bubble before the pandemic. The central banks have managed to reinflate the stock market bubble despite the economic destruction, but it is nothing but a Central Bank-induced sugar high. And the economy won’t likely rebound quickly, even after things open up.

It’s absurd to think the economy is going to come roaring back when nearly half of the small business owners expect to shut down. Small businesses employ 58.9 million Americans, making up 47.5% of the country’s total employee workforce. The economy would struggle to recover from the shutdown even if it was healthy before the pandemic. And it wasn’t.

While it looks like in the USA the situation will end in a Civil War between White and Black, in the EUSSR it is a war between the native Europeans and the invading Barbarians.  While in the USA, we probably shall see more blood in the streets, in the EUSSR the Barbarians may take over without firing one round. In the UK, last week, the first Muslim JUDGE was put into power.  In France, The Netherlands, Belgium, important positions are already controlled by Muslims.


By now, we all know that BAD things happen all of a sudden and the implications are far-reaching. In other words, one must know that waiting to the last moment to make certain decisions, is just plain stupid. You have to prepare NOW and hope you will not be late.  

"If you don't prepare NOW, you will be too late! You have to prepare NOW and hope you will not be late."

Not many have invested and are holding physical Gold & Silver (max. 1% of the population). Not many keep an important part of their physical out of political reach. Some are still convinced it is safe to keep their Gold at home or in a safety deposit box with a bank. They are convinced that the Government will NEVER dare to tax or seize their holdings. Many are still are playing the Stock Markets and think that Gold & Silver miners will earn them big money and that they have all the time in the world to convert the profits into Physical. 

note: the video below is extremely interesting...however, it is incorrect to state that Roosevelt managed to break the big depression and kick-start the economy by stealing the physical gold from the Americans and reevaluating it by 70%. Roosevelt did exactly the opposite of what had to be done and the Great Depression only came to a halt AFTER World War 2 or 15 years later.

Bernard Baruch was correct in his reasoning. However, he made ONE TERRIBLE MISTAKE. He bought all of his physical Gold in the USA and also stored it locally. Those who buy and keep their Gold & Silver holdings within political reach are making exactly the same mistake. Not only does the Government send inspectors to all Gold dealers and check out who their biggest clients are, but on top, they have banned BANKNOTES. In other words, both in Europe and the USA and Canada, the Government completely controls all Gold and Silver trade and storage. As always, best is to use storage in small politically stable countries that have no or little DEBT.

"Will Gold be confiscated? Yes, of course, it could be."

Will gold be confiscated? Yes, of course, it could be. Are you prepared to take the risk? Desperate governments will take desperate actions. And as the world economy is now slumping into a hyperinflationary depression, unlimited money printing will cause currencies to collapse, leading to a surge in the gold price measured in worthless paper money. As we shall see more and more hunger and protests, Socialist and Democrats will be forced to SEIZE your Gold and Silver savings to please and calm down The Herd.

The chart below we publish for those who keep chasing FOOLS GOLD on the Stock Markets. This is a Classic example of hyperinflation in Venezuela. Stocks to the moon in local currency but flushed down the toilet in terms of gold…The purchasing power of the BOLIVAR is plunging, collapsing. From the end of August 2018 until now, the Bursatil Stock index (VENEZUELA) has appreciated by 89,638% (this is 89 thousand 638%, not 89.6%) in Bolivar terms. But in US dollar & Euro terms, stocks lost 71% of their value. During the same period, gold has appreciated by 444,377% (444 thousand 377%) in Bolivar terms.

Caracas index 2020 05 29

In Soviet Russia, as shortages mounted, a popular joke was that “if the Sahara Desert fell under socialist rule, it would run out of the sand.” Well, under populist socialism, Venezuela, which has the world’s largest proven oil reserves, has actually run out of gasoline. Not a joke.

Shopping mall vacancy 2020 05 29 LOAN DELINQUENCY 2020 05 29 at 8.40.11 AM

Important Fundamentals:

  • As we forecasted in earlier updates, U.S. shale production Continue reading...
  • Dow Jones Index Totally Disconnects From The Employment Data. Continue reading...
  • For those who still live the SWISS DREAM..better WAKE-UP. The Swiss National Bank has followed a policy of investing directly in companies for much of the last decade. That is just another way to create fiat money out of thin air and should be forbidden by the constitution. They made significant purchases of US tech stocks about a decade ago and positions in gold mining shares today signal an appreciation for both value and thematic investing. Continue reading...

Important Technicals:

Copyright, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.

 

Categories: News

Widgetkit Twitter

RT @TrumpWarRoom: FLASHBACK: Joe Biden asked Anderson Cooper last year if he remembered "gay bath houses" and "around-the-clock sex." https…

Goldonomic Goldonomic

Cron Job Starts