Friday, December 2, 2016

Nothing fake about the top 0.1% holding the same amount of wealth as the bottom 90%



By mybudget360.com   
While people argue about what is real and fake news the widening gulf of inequality in the real world only continues to expand.  This is actually happening and for the ultra wealthy that hold most of the wealth, all of this distraction is a good thing.  The latest wealth report from Deutsche Bank Research shows that wealth inequality is at levels last seen during the Roaring 20s.  The problem with this kind of inequality is that it has come from largely hollowing out the middle class and also creating a large crony financial system that is designed to suck out productivity in the real economy and shuffle it over to folks in suits sitting behind Bloomberg terminals.  In other words, those that work and build the economy get shafted from the financial hubs of the world.  This global financial drain does not adhere to national borders but is driven by the worldwide financial elite that collect trophy apartments in major metro areas.  All this happens while your typical American family struggles to buy a home.  There is nothing fake about the current level of wealth inequality.
The wealth spectrum
One of the most startling figures in the latest report is that the top 0.1% hold as much wealth as the bottom 90%.  And this is happening in the United States, the wealthiest nation in the world.
Take a look at the current chart:
wealth-inequality
Source:  Deutsche Bank Research
Now you might say to yourself, don’t the financial elites worry about this information spreading to the masses and creating some kind of revolt?  No, because as we are seeing today the public at large is more interested in “fake news” and pointing fingers at each other instead of digging deeper into the issues.  There are now niche industries online that simply cater to this “left and right” divide that ultimately has allowed the middle class to disintegrate into thin air.
The mainstream press has failed to listen to the issues of regular Americans and that vacuum has been filled up with other voices.  Voices on both sides of the aisle.  Some that actually care about protecting the U.S. middle class and others that don’t care because they would sell out their nation just to move a stock one percentage point up.  What has made us as a nation stronger is our ability to connect with others and still be Americans yet that belief is disintegrating and this feeds into the crony capitalistic model of finance.  They rather the public go after one another while not looking at the chart above.  The poor are fighting the poor and missing the bigger game.
Wealth is power and power allows you to shape your environment.  What many people face in the U.S. today is an economic model that has left them with little wealth and thus very little power to shape their environment.  You have many young Americans deep into debt and looking at a very bleak future.
The dream of being successful in America is still very much alive and available to many but the apex to get there is simply getting much harder with all of the disinformation that is out there.  Carnival barkers and financial charlatans sit and wait on every corner.  Many of these people live in New York and Washington D.C. and claim to look out for your interests.  Half of Congress is made up of millionaires.
People are paranoid and don’t know what to believe.  But just look at your own budget.  Look at how far your dollar goes today versus ten years ago.  Wealth inequality is a symptom of a bigger issue in our current financial system.

Thursday, December 1, 2016

The Real Reasons Why Another American Civil War Is Possible

By Brandon Smith and originally published at alt-market.com
You have to hand it to the regressive left, when they conjure propaganda they really know how to run with it. When their indoctrination doesn’t take, and the public stops them cold with a wall of skepticism, they don’t give up! No — the little buggers double down and go for broke!
I would point out, however, that this seemingly boundless drive to forsake all logic and reason in the name of ideology is not due to these people being special in their ambition. Rather, they are following a somewhat successful historic model; the model of communism. And by successful, I mean successfully destructive.
With Donald Trump on the way to the White House in January, along with a Republican majority in Congress and the Senate, leftists long accustomed to dominating the public narrative through the mainstream media have found themselves without leverage. Now, they must resort to ankle biting with efforts like the “fake news” meme, which is designed to undermine the alternative media through ad hominem.  Obviously this will fail.  It is far too late for the mainstream media to gain back any social capital, and they will have to adapt or die out.
With this avenue closing for the left, the next stage will be direct asymmetrics; they will use subversion at a more localized level; working to provoke “marginalized” groups into taking extreme action in order to illicit a negative and totalitarian response from conservatives.
I am rather well versed on the history of communist insurgencies, and one simple reality that consistently stands out to me is that wherever communist movements exist, war follows.  They may claim to be peaceful in their aims and methods, they may claim to want what is best for society as a whole, but when these movements are denied access to social evolution, they almost always revert to violent means.  The primary reason for this, I believe, is that they really do assume at their very core that their ideal is the ONLY ideal.
They think they are heroes, awakened to a world view that the rest of us are incapable of comprehending. In their minds, anyone seeking to obstruct them is either dangerously ignorant or a fascist hellbent on sabotaging humanity’s “natural progression” into the leftist utopia.   Therefore any and all actions are justified on their part.  They are fighting “evil.”  And, of course, conservatives like you and I are the physical manifestations of that evil.  We are the super-villains that must be destroyed at all costs in the leftist fantasy world.
As I noted in my last article, Order Out Of chaos: The Defeat Of The Left Comes With A Cost, regressives in the form of social justice warriors are currently more cute in their provocations than dangerous, but this is only an early stage of their movement.  When these people do not get what they want, when they realize that propaganda methods are not effective, they will inevitably turn toward militancy and aggressive mob action.  This is the problem with zealots: they are infinitely capable of moral relativity.  They are monsters in people suits just waiting to be unleashed, but made even more dangerous by their self-image as guardians.
There is nothing worse than a psychopath with a desperate desire to nurture you.
After my last article, some readers responded that they understood my basic premise — that the left versus right dynamic is being instigated by global elites, and that this could result in both sides moving to opposing extremes of the political spectrum; communism versus fascism.  That said, they also wanted to know what I thought should be done about the left in particular?  Sure, the elites are the root cause of the threat, but what about all the crazed leftists the elites hide behind and exploit?  Don’t we have to deal with them at some point as well?
I would say yes, though our reaction must be measured or we risk falling into the paradigm trap the elites have constructed for us.
So, here is the reality — when a movement like the social justice cult reverts to zealotry, there is nothing that can be done to persuade them otherwise.  Some will leave the movement behind, but the majority will refuse to acknowledge that their ideology has failed to sway the masses, and that this might be due to the fact that their ideology is highly flawed. They will seek instead to FORCE us into compliance. This ensures that a violent conflict will eventually arise.
The danger is that while conservatives now appear to hold the keys to the behemoth that is government after wrestling it from the left (again, at least in appearance), we will be tempted to swing the cannons of the bureaucratic battleship towards our foes and in our favor.  I’ll have to use the old Lord of the Rings analogy once again here — big government is like the “one ring;” it will always result in evil, no matter who is wearing it.  Good people will take hold of it thinking they can resist abusing it and that they will exploit its incredible power to help others; and they will fall into darkness like everyone else.
The solution?  Conservatives must face leftist extremists on equal ground. We must avoid the temptation of using government as a weapon to extinguish them.  We must avoid stooping to their level.  Otherwise, there is an serious risk that we will falter in our principles and become just as bad if not worse than the regressive left.  And yes, this means a decentralized civil war — a war in which government is denied as a player.  As long as conservatives refuse to wield government as a sword in our arsenal, we will win against all enemies.  The second we wimp out and beg government to aid us in our fight, we will be co-opted and assimilated by the elites.
But what would this conflict look like?
I could see an insurgency versus an insurgency scenario, but this is only if the right refuses to join with government to exact its goals.
In the meantime, I welcome you to look at theories on this from the left side of the spectrum. Check out this article, referencing military “experts” from the ever regressive and dwindling Cracked Magazine titled 6 Reasons Why A New Civil War Is Possible And Terrifying, published at the beginning of November.
While Cracked does briefly address the notion that a civil war could be triggered by the left in the U.S., their article was published before the election, clearly with the assumption that Donald Trump was bound to lose and that “right wing extremists” were the greatest threat to peace and stability in the wake of a Clinton presidency. The majority of their list is composed of scenarios in which “anti-government” right wingers could undermine social cohesion and was no doubt supplemented thoroughly by the Southern Poverty Law Center.
I also want to quickly point out that the No. 2 threat on the Cracked list of civil war threats was the Thermal Evasion Suit I designed!  Or at least, the notion that we have the ability and knowledge to build these kinds of countermeasures.  Here’s a quote from the article:
"But in my lurking on militia sites, I did occasionally run into information that looked like it had its basis in something other than a manual. Take this guide to evading drones published by the Oath Keepers, an anti-government group made up of former military and police veterans."
[Cracked never actually links to the video, they just show a still photo.  Clearly they did not want people watching it and deciding for themselves what my intent was.]
"I had a former drone operator review the video. He said their “thermal evasion suit” was based on a “decent premise”, although he said it would only work well if the shooter was stationary. It’s impossible to know if the info in this video came from someone with direct (albeit outdated) drone experience. In his time among America’s many militias, Bill said, “…I’ve probably ran into direct training” of groups by military veterans, “…five or six times, in five different states. It’s incredibly prevalent."
I’m not sure exactly who their “expert” was.  Apparently he thought I was building an invisibility suit because he mentions the problem of “movement,” which no suit I know of can hide. They also state something about “outdated drone experience,” yet don’t actually qualify that with anything of substance. Finally, they insinuate that I somehow received help from military insiders with top-secret knowledge, and this is how I managed to design a thermal evasion system.  In fact, I came up with the design and materials on my own and brought it to Oath Keepers, who aided in the testing phase.  Not one drone expert was on hand to feed me design information.
The point is, these people have no idea what they are talking about. Cracked never contacted me about the suit even though my face and email address are all over the video. It was not “impossible to know” if I received insider information; all they had to do was ask.  The left in their zealotry likes to jump to conclusions. They also assume we are a bunch of dumb hillbillies, when we are in fact much smarter and more innovative than they are.
While Cracked and their so-called “experts” are hopelessly naive in many respects, they do make a few solid observations.
First, they present the issue of lack of trust in government and police forces on the part of the public. They seem to suggest this is a bad thing by claiming that distrust of government leads to insurgency.  I would say distrust of government is the healthiest state a society can exist in.
That said, I would remind readers that conservatives will take over the helm of the government ship as of 2017.  And, as I warned when I predicted a Trump election win back in June, the elites have allowed us into authority at a time when trust in government is at historic lows.  We have been handed the reigns of power, but I say this is not a cure, but a curse. We will no longer be considered freedom fighters.  We will be considered the jackboot stomping on the face of America.
Second, Cracked brings up the problem of infrastructure interference, such as highway bombings and other methods of breaking down travel and supply routes.  They mention this based on the premise that we right wingers might set up IEDs using tannerite to terrorize road networks.
We’ve already seen something like this, but not from the right wing.  Leftists are notorious lately for building human walls across major roads in order to shut down movement.  I would suggest that they will do this with more frequency (and with more violence) once winter winds down (leftists can’t stand the cold, which is why most of them live near beaches). Communists like to disrupt supply chains and production; they know this is the quickest path to instigating mass panic.
Third, the Cracked article argues that right wingers might adopt the methods of ISIS in our bid for supremacy, which is extraordinarily absurd if you know anything at all about conservatives.
It is actually the left that has shown time and time again their affinity for Muslim extremism.  They defend it openly and publicly. You would think all the social justice feminists and gay rights groups would view the Muslim world as a carnival of horrors being that in almost any Muslim controlled nation on the planet they would be enslaved, stoned to death or thrown off a tall building. But no, instead, SJWs champion mass Muslim immigration without question.
Understand that forced Muslim immigration standards in Europe and in the U.S. are a product of global elitism under the Cloward Piven strategy.  The elites like to use incompatible cultures as a tool to destabilize target societies.  But, leftists are also more than happy to go along with this program.  I believe it is because the left is inherently weak when it comes to direct confrontation, and many progressives secretly enjoy the idea of having their own hitmen (Muslim extremists or Black Lives Matter) on speed dial just in case.
If any group has shown a willingness to work with the likes of ISIS, it is the left. Set aside the fact that the Department of Defense under Obama admits in its own white papers supporting the rise of the Muslim terrorist network.
Finally, Cracked and their experts suggest the idea that a second American civil war will not be two-sided, but multi-sided.  This is the only intelligent notion in the entire article and I agree with it wholeheartedly.
Here is the problem — multiple groups on the left and the right have entirely different concepts on what the final American product should look like.  Some on the left are anarchists, some are communists, some just want the continuation of the democratic process (but still think Trump should be supplanted). On the right, there are hardcore neo-cons and war hawks that want to nuke the Middle East into oblivion, women and children included.  There are libertarians that just want a return to small government and constitutionalism.  There are anarcho-capitalists that seem to want the erasure of government and the constitution entirely but live in a world of theory rather than practicality (I call them egghead libertarians).  There are even Christian factions that long for a Christian-based theocracy.
Then, there are people like me, who just want to get to the root of the problem and hang the globalists from lampposts (after a speedy trial of course).  We don’t necessarily have a beef with any other group as long as they stay out of our way.  We would like to circumvent the danger of a civil war altogether if possible.
Unfortunately, I think Cracked and their experts are right on this, and that a second American civil war will be multifaceted.  And, while we are all at each others throats, the elites will be lounging on the riviera sipping mojitos and laughing.  The most dangerous faction (besides the elites) will be the catalyzing faction; the regressive left.  They will be the group that initiates all other hostilities.
What leftists do not know is that they have always been useful idiots for the global elites, and, they will be thrown in the garbage once the elites are finished with them.  I hope that every leftist could watch the following interview with Soviet KGB defector Yuri Bezmenov, in which he examines the process by which free nations are brought to chaos by the elites through the exploitation of the regressive left in order to establish a totalitarian system.

I leave you with this thought — civil war is unavoidable. The left is too crazy, and the right has now been given the weapon of government too enticing to overlook. Consider for a moment which “faction” in the world benefits most from this arrangement and then you will understand that the left is ultimately a distraction from the greater enemy. Remove the globalists from the picture, and the left will sort itself out.

Wednesday, November 30, 2016

The Corporate Media's Gulag of the Mind

Your crime, as it were, need not be substantiated with evidence; the mere fact you publicly revealed your anti-Establishment thought convicted you
By Charles Hugh Smith and originally published at charleshughsmith.blogspot.com
One of the most remarkable ironies of The Washington Post's recent evidence-free fabrication of purported "Russian propaganda" websites (including this site) is how closely it mimics the worst excesses of the USSR's Stalinist era.
Those unfamiliar with the Stalinist era's excesses will benefit from reading Solzhenitsyn's three-volume masterpiece The Gulag Archipelago: 1918-1956The Gulag Archipelago 2 and Gulag Archipelago 3.
One episode is especially relevant to the totalitarian tactics of The Washington Post's evidence-free accusation. Solzhenitsyn tells the story of one poor fellow who made the mistake of recounting a dream he'd had the previous night to his co-workers.
In his dream, Stalin had come to some harm. In Solzhenitsyn's account, the fellow was remorseful about the dream.
Alas, mere remorse couldn't possibly save him. He was promptly arrested for "anti-Soviet thoughts" and given a tenner in the Gulag--a tenner being a ten-year sentence in a Siberian labor camp.
The Washington Post's accusation is based on a "behavioral analysis"--in other words, publicly sharing "anti-Soviet thoughts"--in our era, the equivalent is sharing anti-Establishment thoughts.
Your crime, as it were, need not be substantiated with evidence; the mere fact you publicly revealed your anti-Establishment thought convicted you.
This is the Corporate Media's Gulag of the Mind. We'll tell you what's "true" and what is correct to think and believe. Any deviation from the party line is a threat and must be discredited, marginalized or suppressed.
Where is the Post's hard evidence of Russian ties or Russian influence? There isn't any--but like Stalin's henchmen, the Post has no need for evidence: merely going public with an anti-Establishment thought "proves" one's guilt in the kangaroo court of America's corporate media (a.k.a. mainstream media or MSM).
While The Washington Post is owned by billionaire Amazon founder Jeff Bezos, the vast majority of what we read, watch and hear is controlled by a handful of corporations loaded with cash and connections to the ruling elite.
This concentration of media control creates the illusion of choice-- the same elite-propaganda spin is everywhere you look; our "choice" of "approved" (i.e. corporate) media is roughly the same as that offered the Soviet citizenry in the old USSR.
This is why the billionaire/corporate media is so desperate to discredit the non-corporate media: if an alternative to the corporate media's elite-propaganda catches on, the corporate media will lose its audience, its advert revenues and a substantial measure of its influence.
The cornered elite-propaganda beast is lashing out, undermining its waning credibility with every attack on an independent free press. As I noted in a recent conversation with Max Keiser, democracy requires the citizenry to sort out who benefits from whatever narrative is being pushed.
That's what terrifies the elite-propaganda mainstream media: the status quo narrative they've spewed for years doesn't benefit the bottom 95%-- rather, it actively impoverishes and disempowers the bottom 95%--and the citizenry is slowly awakening to this reality.
So for goodness sakes, if you have an anti-elitist dream, keep it to yourself or you'll end up on the ruling elite's "enemies list."
The final irony in all this: the real enemy of democracy and freedom of the press is The Washington Post and the rest of the billionaire/corporate media. The only way to escape the Corporate Media's Gulag of the Mind is to stop watching their TV channels, turn off their radio stations and stop reading their print/digital propaganda--except of course if you have a taste for dark humor.

Tuesday, November 29, 2016

The "Fake News" Psyop: Our Freedom Depends on the Freedom of the Press



The following video was produced by Truthstream Media
The mainstream media/government agenda of “fake news” is about censorship and silencing of dissent… Period.
Who will be the arbiter of what and what is not 'Fake News"? Some government agency? An appointed committee? 
In my opinion, the legacy 'mainstream' media could be considered 'Fake' news. They seem to be in the habit of making things up and getting most things completely wrong. The legacy media is becoming irrelevant, and so they are panicking and pushing this McCarthy like agenda to insure their survival a little longer. That's what outdated and irrelevant industries do when they see the writing on the wall; They look for government protection from competitors. -Editor
“Our liberty depends on the freedom of the press, and that cannot be limited without being lost.” ~Thomas Jefferson

Monday, November 28, 2016

The Western War On Truth


By Paul Craig Roberts and originally published at paulcraigroberts.org  
The “war on terror” has simultaneously been a war on truth. For fifteen years—from 9/11 to Saddam Hussein’s “weapons of mass destruction” and “al Qaeda connections,” “Iranian nukes,” “Assad’s use of chemical weapons,” endless lies about Gadaffi, “Russian invasion of Ukraine”—the governments of the so-called Western democracies have found it essential to align themselves firmly with lies in order to pursue their agendas. Now these Western governments are attempting to discredit the truthtellers who challenge their lies.
Russian news services are under attack from the EU and Western presstitutes as purveyors of “fake news.”  http://www.globalresearch.ca/moscow-accused-of-propagating-fake-news-eu-resolution-on-russian-propaganda/5558835 Abiding by its Washington master’s orders, the EU actually passed a resolution against Russian media for not following Washington’s line. Russian President Putin said that the resolution is a “visible sign of degradation of Western society’s idea of democracy.”
As George Orwell predicted, telling the truth is now regarded by Western “democratic” governments as a hostile act. A brand new website, propornot.com, has just made its appearance condemning a list of 200 Internet websites that provide news and views at variance with the presstitute media that serves the governments’ agendas.  http://www.propornot.com/p/the-list.html Does propornot.com’s funding come from the CIA, the National Endowment for Democracy, George Soros?
I am proud to say that paulcraigroberts.org is on the list.
What we see here is the West adopting Zionist Israel’s way of dealing with critics. Anyone who objects to Israel’s cruel and inhuman treatment of Palestinians is demonized as “anti-semitic.” In the West those who disagree with the murderous and reckless policies of public officials are demonized as “Russian agents.” The president-elect of the United States himself has been designated a “Russian agent.”
This scheme to redefine truthtellers as propagandists has backfired. The effort to discredit truthtellers has instead produced a catalogue of websites where reliable information can be found, and readers are flocking to the sites on the list. Moreover, the effort to discredit truthtellers shows that Western governments and their presstitutes are intolerant of truth and diverse opinion and are committed to forcing people to accept self-serving government lies as truth.
Clearly, Western governments and Western media have no respect for truth, so how can the West possibly be democratic? 
The presstitute Washington Post played its assigned role in the claim promoted by Washington that the alternative media consists of Russian agents. Craig Timberg, who appears devoid of integrity or intelligence, and perhaps both, is the WaPo stooge who reported the fake news that “two teams of independent researchers”—none of whom are identified—found that the Russians exploited my gullibility, that of CounterPunch, Professor Michel Chossudosky of Global Researh, Ron Paul, Lew Rockwell, Justin Raimondo and that of 194 other websites to help “an insurgent candidate” (Trump) “claim the White House.”
Note the term applied to Trump—“insurgent candidate.” That tells you all you need to know. 
Glenn Greenwald of The Intercept, which somehow escaped inclusion in The 200, unloads on Timberg and the Washington Post here: https://theintercept.com/2016/11/26/washington-post-disgracefully-promotes-a-mccarthyite-blacklist-from-a-new-hidden-and-very-shady-group/ 
Western governments are running out of excuses. Since the Clinton regime, the accumulation of war crimes committed by Western governments exceed those of Nazi Germany. Millions of Muslims have been slaughtered, dislocated, and dispossessed in seven countries. Not a single Western war criminal has been held accountable. 
The despicable Washington Post is a prime apologist for these war criminals. The entire Western print and TV media is so heavily implicated in the worst war crimes in human history that, if justice ever happens, the presstitutes will stand in the dock with the Clintons, George W. Bush and Dick Cheney, Obama and their neocon operatives or handlers as the case may be.

Sunday, November 27, 2016

Debt and Gratitude

By Jill Carattini and originally published at rzim.org
“Pay every debt as if God wrote the bill.” So goes the counsel of Ralph Waldo Emerson, which is worth considering, perhaps particularly in the season of gift giving. Do you feel pressure to reciprocate when someone treats you to lunch? Do you find yourself repaying kindness for kindness, compliment for compliment, present for present and so on? You are far from alone if you do. According to sociologists, this sense of obligation, which they refer to as the “Rule of Reciprocation,” is present in every single known human society. And it is as powerful as it is prevalent. Professor of psychology Robert Cialdini notes, “So typical is it for indebtedness to accompany the receipt of [favors, gifts, and the like] that a phrase like ‘much obliged’ has become a synonym for ‘thank you.'”(1)
The implications of that etymological statement perhaps unveil our haste in responding to debt. Indebtedness is uncomfortable, after all; to be rid of it is liberating. Gratitude, on the contrary, asks much more of us. Our sense of indebtedness is not removed, but lingers in a state of being thankful.

Henry Ossawa Tanner, Thankful Poor, Oil on Canvas, 1894.
Of course, you can return a favor and still experience gratitude for the favor given you. But you can also return a favor simply to reciprocate, to mindlessly remove that feeling of indebtedness. One psychology class carried out a revealing experiment on this subject. The professor sent Christmas cards to a large list of complete strangers to test the Rule of Reciprocation. He found response astounding. Cards came pouring back to him, all from people he had never met, the vast majority never even inquiring into the identity of the unknown sender! They simply received his card, and automatically sent one in return.
The experiment merits inquiry into our own lives. How do we respond to the sense of obligation? Are we uncomfortable with indebtedness? It is worth asking if for no other reason than that there will be times in life for which there is no fitting response to indebtedness. What happens when we discover there is no appropriate response to the gift or the giver? What will happen when we simply cannot reciprocate?
One simple option is that we respond with gratitude. We come into the presence of the giver with thanksgiving and we are changed by the gift.
It is an option favored by the historical church. Faith in some ways is an invitation into the life of gratitude. For when the giver is the human Son of God, approaching humanity as one of us, freely mediating our case before God, submitting to death and sorrow in innocence, holding the world in heart, how then do we respond? The old hymn perhaps offers much wisdom:
Alas! and did my Savior bleed,
And did my Sovereign die?
Would He devote that sacred head,
For such a worm as I?
Thus might I hide my blushing face,
While His dear cross appears,
Dissolve my heart in thankfulness,
And melt my eyes to tears.
But drops of grief can ne’er repay,
The debt of love I owe:
Here, Lord, I give my self away,
‘Tis all that I can do.(2)
It is gratitude that sees this sacred debt for which there is no reciprocating and with devotion says, “Come, Lord Jesus. Here I am.”
Jill Carattini is managing editor of A Slice of Infinity at Ravi Zacharias International Ministries in Atlanta, Georgia.
(1) Robert Cialdini, Influence: Science and Practice (Boston: Allyn & Bacon, 2001), 20.
(2) Isaac Watts, “Alas and Did my Savior Bleed?

Saturday, November 26, 2016

2017 Predictions for MSM, Markets and Gold


15By Greg Hunter’s USAWatchdog.com 
Top trends researcher Gerald Celente started forecasting back in May 2016 that Trump would win. He was spot-on. What are the big trends and predictions in store for 2017? Mr. Celente gives us three of his top predictions coming up in this interview. We start with the mainstream media (MSM) that went all in for Hillary Clinton with actions associated with propaganda and not news. What’s going to happen to the MSM in 2017? Celente, who is Publisher of The Trends Journal, says, “It’s gone, and that is the top story coming out in the next Trends Journal too. . . . We are forecasting that this is the end of daily newspapers. They’ll go down to a couple of days a week. The flipside is more people to USAWatchdog.com and other media. We are not alternative media. They are the alternative media. They are the media that only promotes the establishment. The establishment is Hollywood to the White House to the media, and the people are disgusted with it. This is bigger than a populist movement.”
The MSM is now so discredited that it is beyond the point of no return. Celente goes on to say, “I was saying up until recently about the mainstream media that they still have the clout to set the tone. Now, they don’t. Look at how many newspapers supported Hillary Clinton in editorials, all of the major papers, and it didn’t amount to anything. The facts are there, and again look at the numbers. The bottom line is they are falling out of profitability, and they can’t sustain themselves. That’s the bottom line. News Corp., and one after another, its business is 20% down. You can’t keep a business going like that.”
On the economy, Celente says a crash is coming, and gold is flashing a warning signal overseas. Celente contends, “It almost happened this year with Brexit, but again you are looking at the paper world and the real world, and they keep manipulating it. As you see gold prices going down, is anyone talking about what is going on in India? They just pulled in the high end rupees. There is panic going on over there. They are buying up gold, and they are one of the biggest gold purchasers in the world, and add China. Nobody is talking about it, and there is bedlam going on right now. They are saying they want to stop the black market, so people are buying up gold, but they are shorting the market with naked shorts on the commodities end to drive down the prices because when prices go up, it shows what a fraud the whole system is. So, right now, from our contacts there, the gold buyers in India are buying up as much gold as they can.”
Celente goes on to predict, “We’re forecasting the economy is not going to rebound with the economic proposals that are in place now. . . . The global situation has created an environment for financial panic. The financial panic conditions have been in place for quite a while. What Trump’s victory has done is played it off for a little bit possibly, but on the negative side, you still have the debt and interest rates going up and the debt that has to be paid. On gold, we believe right now is near its bottom.”
Join Greg Hunter as he goes One-on-One with the trends forecaster Gerald Celente, Publisher of The Trends Journal.
(There is much more in the video interview.)