Turkey, ‘Axis of Gold’ and the End of US Dollar Hegemony

 

Introduction

With a ‘Hard Brexit’ looking more likely and Trump’s inauguration this week, 2017 is well and truly under way.

What we expect the year to hold is probably not even half of what it really will. But from what we know, the upcoming French and German elections, referendums, geopolitical crises, steps towards reverse globalisation and a third of global government debt yielding negative interest rates, governments are already prompting central banks and investors to turn to the one asset that has survived millennia of financial and monetary crises.

One that is highly liquid and convertible into other currencies – gold. Continue reading

Trump Takes On The Deep State

This is an article that merits a lot of attention. It explains what Donald Trump is really up against: A renegade “Deep State” that does what it wants, regardless of who is President, and can outlast many presidencies.

For archiving purposes, the article will remain in full here.

 

The tweet heard ’round the intelligence world.

 

 

  • Donald Trump engages in war of words with outgoing CIA head
  • Trump policies on trade, foreign policy depart from longstanding norms
  • Past events point to policymaking powers beyond elected officials
  • Russian relations a major sticking point between Trump, much of gov’t
  • Aggressive stance towards China could result in enormous market volatility

Last Sunday, US president-elect Donald Trump launched one of his now-trademark series of broadsides against the CIA, claiming that the latest series of leaks concerning his alleged misuse of a Moscow hotel suite previously occupied by president Barack Obama was a “complete fraud”.

Trump then compared the US intelligence regime to Nazi Germany in a tweet that called the leak, which alleged various colourful activities involving prostitutes, “fake news […] one last shot at me”. Continue reading

Trump calls EU a ‘VEHICLE FOR GERMANY’ as he slams Merkel’s ’CATASTROPHIC MIGRANT MISTAKE’

Donald Trump understands what has been said all along for years here: The EU is a German project (also with French help) designed for the benefit Germany. It’s taking power once again, but this time through European integration and subjugation of non-compliant EU members. If you’re looking for Nazis, you’re 70 years late to the party. This time it’s different.

Trump, known for parsing through nonsense realizes Germany has anchored Europe, not the other way around as was supposed to be at the end of World War II.

 

PRESIDENT-elect Donald Trump believes Angela Merkel made “one very catastrophic mistake” with her open-door refugee policy, which has allowed a wave of more than one million migrants into Germany.

He claimed his relationship with Merkel “may not last long at all” as he slammed the German chancellor for allowing the migrant crisis to get out of control.

Mr Trump also hit out at the EU, abelling the crumbling Brussels bloc “a vehicle for Germany” and he suggested more countries will follow Britain’s “smart” decision in voting to leave. Continue reading

‘Brexit was a GREAT thing…you were smart to get OUT’ Trump praises UK and promises trade

DONALD Trump has promised to work quickly with Britain to secure a “quick and proper” trade deal after Brexit, which he predicted would be “great” for the country.

The president-elect said: “Brexit is going to end up being a great thing.

“We’re gonna work very hard to get it done quickly and done properly. Good for both sides.” Continue reading

Hammond’s threat to Europe: We’ll turn Britain into a TAX HAVEN if you try to ‘wound’ us in Brexit talks as he warns UK will do whatever it takes to ‘regain competitiveness’

Chancellor Philip Hammond said the UK would do whatever it takes to ‘regain competitiveness’ if it is denied a good trade deal

 

  • Chancellor says UK will do anything needed to stay competitive post-Brexit
  • Suggests corporation tax and red tape could be slashed to lure in business
  • Comes as Theresa May prepares to deliver speech setting out Brexit approach
  • Jeremy Corbyn accuses government of risking a ‘trade war’ with Europe

Philip Hammond has delivered a stark warning to the EU that Britain will slash taxes and battle for business if the bloc tries to ‘wound’ us in the looming Brexit talks.

The Chancellor said the UK would do whatever it takes to ‘regain competitiveness’ if it is denied a good trade deal.

The threat comes as Theresa May prepares to flesh out her plans for cutting ties with Brussels – making clear that she is ready to leave the European single market and customs union in order to regain control of immigration. Continue reading

UK and USA are WEAK: Angela Merkel calls for German-led EU ARMY to defend Europe

Angela Merkel has renewed her call for an EU army [Getty]

 

ANGELA Merkel has renewed her call for the European Union to have its own army, warning the bloc will not be able to rely on others to guarantee its security with Donald Trump in the White House and Britain set to leave.

The Berlin chief said Brussels will have to take on “more responsibility in the world” as she predicted a cooling in trans-Atlantic ties under the eurosceptic President-elect.

And describing Brexit as “emotional” for her she urged the remaining 27 member states to use Britain’s decision to leave to railroad through ever closer military cooperation. Continue reading

It’s just the beginning’ Europe must act NOW to avoid WAR, warns top German politician

EUROPE is failing as a team player and is on the brink of war as rising nationalism sweeps the continent, a former chancellor advisor has warned.

Horst Teltschik said the bureaucratic European Union (EU) is struggling in the face of a catastrophic euro crisis that continues to “gain tract” and a sensational Brexit vote, which prompted an “erosion” of its powers.

Hinting that a break-up of the Union is more than likely, Mr Telthschik said the bloc’s main players France and Germany were “stuttering”.  Continue reading

Europe’s Far-Right Anger Is Moving Mainstream

(Getty)

 

Anti-immigrant, anti-Europe, anti-Muslim sentiment is resonating with more and more voters in Europe.

In the wake of the Brexit vote in Britain and the recent Italian referendum, and with national elections looming in 2017 in the Netherlands, France, and Germany, there is concern that Europe may be inundated by a populist wave, driven in large part by right-wing parties exploiting anti-globalization, anti-immigrant, and anti-Muslim sentiments. Indeed, the strategy seems to be working: Polls show that people who have a favorable view of the National Front (FN) in France, the Alternative for Germany (AfD) in Germany, and the Party for Freedom in the Netherlands tend to be more negative about immigrants, refugees, and Muslims than their fellow countrymen. In addition, they are more euro-skeptic and more wary of globalization than their compatriots. Continue reading

Merkel Wants to Fully Censor the Internet Claiming Putin Wants Her Defeated

 

Merkel is already adopting the Obama strategy by blaming Putin for any potential loss in the election. She is going much further, perhaps because she grew up in Eastern Germany and sees no problem grabbing more power. Her party, the CDU , claims that the ambitions of Vladimir Putin are to defeat her in the elections this fall in the Bundestag, ignoring that the CDU has been coming in third place. Angela Merkel now says that disinformation is being sent over the internet to dethrone her. Therefore, the CDU wants full censorship in Germany and is planning to impose incredibly strict rules for all communication on the internet. She is claiming any negative news is really instigated by agents of Russia. That will probably include this site, despite the fact our model is not influenced by any human intervention, no less Putin. Continue reading

Spain NEEDS Gibraltar to be BRITISH – Rock leader REJECTS Brexit grab for sovereignty

GIBRALTAR has dismissed threats from Spanish politicians trying to scupper a Brexit deal and vowed to stand alongside Britain as it leaves the European Union (EU).

Standing in for Andrew Marr, Nick Robinson quizzed Fabian Picardo, Gibraltar’s chief minister, on whether Spain might try to scupper a Brexit deal “at one minute to midnight” as a last-minute tactic to push for joint sovereignty over the Rock.

The chief minister replied that Spain’s former foreign minister, Jose Manuel Garcia-Margallo had “played that card” ever since Briton’s voted to leave the bloc in June, and thanked him for showing his hand so early. Continue reading

With OPEC deal to cut output, Saudi signals surrender to U.S. shale

Saudi Arabia’s strategy to drive U.S. shale out of the energy market has failed.

“The new OPEC deal to cut oil output – the cartel’s first since 2008 – amounts to nothing less than Saudi Arabia’s surrender to the power of American shale,” John Hulsman wrote for UK business daily City AM on Dec. 5.

OPEC as a whole agreed to cut production by 1.2 million barrels per day (bpd), with Saudi agreeing to cut 500,000 bpd. With the cut, OPEC now accounts for less than half of all energy output in the world. Continue reading

The Next Domino Falls As Predicted… Here’s What Comes Next

 

I recently spent several weeks in Italy, taking the pulse of the country. The Italian referendum on December 4 turned out exactly how I predicted it would.

The “No” vote won in a landslide, with 59% of the vote versus 41% for “Yes,” with a 70% turnout.

The pro-EU Prime Minister promptly announced his resignation after the crushing defeat.

A surging populist party waits in the wings. They’re now likely a matter of months away from taking power and then holding a new referendum on whether Italy should dump the euro and go back to the lira.

If that happens, Italians will likely vote to leave. Continue reading

All Roads Lead to the Dollar

 

COMMENT: Marty; I have attended every conference since 2011. You have really opened my eyes and you have to be blind to not see that you have called everything trend from the decline in gold, rally in the Dow, collapse of Europe, the rise in the dollar, and the uptick in war/civil unrest not to mention your political forecasting. You should be hailed from every podium and the reason you are not is obvious. The conclusions you force upon the rest to see is against their own self-interest. All roads lead only to the dollar as you have said. Continue reading

EU Army set to be agreed TONIGHT – and BRITAIN will foot the £420m-a-year bill

Please see the source for the video.

 

An EU army is being agreed tonight in Strasbourg -with the cause being BREXIT

 

THE EU will tonight debate for the creation of a continent wide super army that will be up and running next year – and blame BREXIT for its creation.

Brussels politicians will convene in the French city of Strasbourg to thrash out the plans that will cost taxpayers’ £420m-a-year.

They will vote on the issue to establish an “EU-wide system for the coordination of rapid movement of defence forces personnel” across Europe. Continue reading

Marine Le Pen storms into the lead in French presidential election polls

Marine Le Pen emerged on top after the first round of voting

 

NATIONAL Front leader Marine Le Pen has emerged as a serious contender in the race to become the next French president after taking a commanding lead in the latest election polls.

Le Pen took 29 per cent of the vote, eight points ahead of former president Nicolas Sarkozy, who has since withdrawn from the race. Continue reading