This is a very informed interview. Martin Armstrong was put in jail for about 20 years and was never allowed a trial. He got out a couple years ago.
Listen carefully to each statement, everything understanded will turn out to me more profound than you can image.
down the page, march 16
http://www.financialsense.com/...
Keypoints.
Aggressive taxation putting the stops on the economy ( no employment relief )
Metals Gold weak for a while to 2015
Interest rates move up with a exponential move up in deficits
Make no investments in govt or sovereign debts ( stocks favored as relative asset class )
Aggressive Taxation.
In 2010 they eliminated the medical exception of IRA/401k 10% early withdrawal penalty, for medical that was over the 7% AGI limit. Look for more of the same. They waste billions and trillions in their warfare and police state operations for the purpose of defending themselves against law and democracy, and this is how you pay. They are in the last days in desperation to cover up their crimes and you will pay for them to isolate themselves from law. There is no practical purpose of relative value of this tax oppression relative to their trillions of fraud, it is just a tool of social control and indoctrination.
Going into another level that you don't hear about, double taxation. Here is how they do it. The more dislocations, disruptions, social churning they can engineer, doubles their money here is how. Their new war, doesn't matter, Afghan opium, Libya gold, Uganda oil, disrupts something lets use the easy example gasoline price. A large number of people get into credit card revolving interest trouble and lose their house to buy gas adn get to work ( gas is a non-deductible employment expense to individuals but not to corporations ). They move to a rental property. All the losses and expenses out of pocket were already taxed once with no tax deduction or adjustment off AGI. Now in the whole say 10k out of pocket govmt/warfare losses, they have to work more hours or a second job to replace the lost money. The effort to replace the government losses is taxed again. Say the whole ordeal was 10k out of pocket. The 10k was initially taxed 2.5k, the loss recovery income is taxed again another 2.5k loss, your 10k government loss is really a 15k loss and you don't even know it. 10k of govt terror earns the treasury 5k out of your ass.
Exponential Step UP in deficits with interest rates.
This moves into such a broad scope of Federal Reserve crimes where would I start.
Firstly, printing federal reserve notes and buying government bonds, drove bond price up and interest rates down temporarily. When the interest rates turn from this unsustainable anomolie, deficits explode like a revolving credit card.
Interest rates have just made that turn although it is a process it has begun.
Subsequently there will be another acceleration in the currency printing, hyperinflation, deficit cycle to cover the accelerating interest accumulation.
Stocks UP. Even in negative employment and economic trends.
Three primary mechanisms. Cash on sidelines from 15T Federal Reserve print, contraction in economic activity and hoarding, leaves stocks the favored relative asset class - all debt is trash ( with the exception perhaps of corporate bonds ).
Last week just announced the money market derivative paper is trash, it will no longer be defended at $1 net asset value. It is an intentional strategy to push money off the sidelines into stock and probably bond is indended but participants are catching on debt is trash. All accounts do not allow individuals to hold hard cash, only money market, funny how that was planned.
Contraction in economic activity, some of my observations and my own behaviors modified: I do not spent just to avoid the 9% local sales taxes. Transient and nomadic people in domestic warfare and economic turmoil cannot do with a lot of crap, moving storage resale, alot of trouble. General deflation in tangible things just losing value when money is needed for the hyperinflation in non-descretionary catergories such as food, gasoline, and ever increasing employment expenses like transporation, medical, clothes, food. In the hyperinflation trend people are not going to purchase depreciating consumer tangibles and you'll be stuck with a lot of useless crap when you needed money to cover the food inflation.
Relative Asset Class. In the neofascist government model it is govt for and by the corporation. Corporate earnings will always be positive, earnings are not units of production or sales they are automatically indexed up with inflation. This is how you have 6% decline in gasoline consumption and record oil company earnings ( domestic oil companies are mis-categorized, they are actual the retail sector ). Again the turn up in interest rates leads to more debt expansions, bond issues, if there was bond buyers or direct printing if there are no bond buyers, or quantitative easing which is both printing money and buying bonds with the printed money ( got that one ?), said monitary expansions lead into stocks as excesses because the bonds are in a rising interest rate falling price trend.
Different people have talked about the timing, Armstrong here talks about 2017 to the end of the ponzie, Kyle Bass talked about 2015.
What I can do.
The next two years gold and silver may not decline alot but should be flatish in relative asset stocks favored equation. This is a good opportunity to accumulate it taking advantage of down
periods or breif cyclical periods of public optimism about some new financialization ponzie bubbles that come along. The hyperinflation and taxation schemes will be at war with you and trying to prevent you from access to real money, it's and economic war
so don't make any mistakes and waste money on useless shit.
Scope out the world and have your exit plan. I have mine. How would you get there on your last tank of gas, how long could you live there on the gold/silver you had. Thats where some real currency is needed later, gold silver and the next couple years are a gift to pick this up while they are enamored with stocks and not paying attention. Be careful there are new laws to criminalize ownership, I think you need to make purchases at less than $600 increments. I know a place where I can live ok for $3k per year and could be the last place the banksters attack for other geopolitical reasons.
File Bankruptcy. I have learned so much about the criminal intent of the congress as you weave through the paradoxes and catch 22's carefully crafted to enslave you more with the more terror and mayhem they can engineer the best for them. Do it when you are at the worst possible but also you are motivated to stop paying interest as soon as possible. Learn all the paradoxes, you are required to purchase two cars before you file bankruptcy, you only have certain spending limits and will have to move/relocate.
If your rent amount includes utilities you have to move to get your utility allowances, what a scam. Replace your cellphone with landline. You are not allowed to have a cellphone even if it costs less than landline with long distance charges, everything is convoluted scam take time to study it.
Ok this is too long now I would have to write a financial terror novel to grasp it but pay attention to each understated detail of Armstrong.
The funny thing is you have a little time, it doesn't collapse this year ( well we knew that election year, is the financial debt ponzie cycle ), and not even next year but lots
of dislocations and mayhem.