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Tuesday, November 1, 2022

Are we headed into a bust cycle?



Poor Man Survival

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Are we headed into a bust cycle?

Being alert for danger in the system is as important as having food to eat.

If real trouble like a crisis appears, it will show up immediately in the U.S. dollar index or the bond market. The results can then show up in the equity markets, although these are manipulated as much as the value of the dollar.

In a free bond market, interest rates would most likely be skyrocketing. Yields are only 4 percent... far short of the 8-10 percent of official inflation. Today, the bond market does not operate freely, and so you must adjust your investment thinking.

The real economy

The banksters have elevated themselves to emperor status with their control over the economy... except that the emperor has no clothes. It's purely a confidence game.

"Central bankers" have created an environment where we will be in a constant cycle of booms and busts, with the Fed and its allies injecting liquidity into the system to "save" it — or raising rates to "save" it. Instead of currency controls, you have currency out of control.

Most of the Framers and ratifiers of the U.S. Constitution feared paper money. For that reason, Article I, Section 8, which deals with credit, commerce and coinage, was a much-discussed section.

As the consensus moved toward restricting the issuance of paper money and establishing a sound money policy, the Framers pondered what to do about the government's debt.

Many argued that, without the ability to print money, there was no way to discharge the debt. But the Framers knew from experience that printing money led to inflation. So Clause 5 — which restricted money to coins — was inserted to negate the effects of fiat money. Clause 2 of the section, which gives Congress the power to "borrow money on the credit of the United States," was finally settled upon, though not without objection.

The anti-Federalist Brutus — probably New York's Robert Yates — wrote in Brutus, No. 8:

Under this authority, the Congress may mortgage any or all the revenues of the union, as a fund to loan money upon, and it is probably, in this way, they may borrow of foreign nations, a principal sum, the interest of which will be equal to the annual revenues of the country.–By this means, they may create a national debt, so large, as to exceed the ability of the country ever to sink. I can scarcely contemplate a greater calamity that could befal (sic) this country, than to be loaded with a debt exceeding their ability ever to discharge. If this be a just remark, it is unwise and improvident to vest in the general government a power to borrow at discretion, without any limitation or restriction.

Even though he understood where Clause 2 would lead, I doubt Brutus could have foreseen what we are experiencing today.

We think that the U.S. is now beyond the Federal Reserve's pie-in-the-sky "2 percent average inflation" target, which is even worse than their former 2 percent target. With 2 percent "average," the economy can go up and down for years and the Fed will be fine with it as long as it "averages" 2 percent. What do they care if inflation is now 8 percent or 10 percent?

In any case, the inflationary trend has been established by the world banking system and you can expect booms and busts for the foreseeable future.

This, of course, translates into an up commodity market, including a bull market in gold and silver and other precious natural resources. As Martin Spring pointed out, "Decarbonization will spur demand for clean energy materials far beyond anything we've seen before. Instead of oil, coal and natural gas we'll need lithium, nickel, cobalt and magnesium for electric vehicle batteries, vanadium for our utility-scale energy storage, silver and polysilicon for our solar panels, iron and zinc for wind turbines, copper for just about everything."

Before you bet the farm totally on inflation, put this in your mental computer for future reference. The U.S. dollar is the world reserve or senior currency. This means that if we see a tsunami economic collapse, the U.S. dollar could skyrocket on the international currency market (as we have already seen it rise against the British pound, as a mild bond crisis has hit that country) most especially since the U.S. has superior world police power.

Surely by now you did not think the military-industrial complex was in place for "regime change" and nation-building? No, dear reader. It is about the value of money. It has no value without our world police, i.e. the U.S. military.

As well as the dollar rising, remember that markets can rise even in a downturn because global banksters have perpetuated the illusion that equity markets, the stock markets, which are part of a system of markets more properly called "risk markets," are perfectly safe.

Stocks are like money, they want you to think, and trusting Americans believe these banksters. These elites want you to think pouring money into stocks and funds is safe, easy, and risk-free because central bankers with their "liquidity injections" are subsidizing their speculative finance, which drives the markets to even greater but artificial highs, making the rich richer.

History shows us what happens when people realize the stock market boom they are experiencing is purely speculative. You get a violent crash to the downside.

When the speculative credit, debt and stock bubbles are pierced, it could take decades to unwind.

Where are we headed?

For a clue, look at where some huge investors are not putting their money. tells us: "'Bond vigilantes' is a figure of speech. They're big institutional investors that buy government bonds sometimes with a lot of leverage and via complicated derivatives. They're insurance companies, pension funds, bond funds, hedge funds, even individual investors.

"When they get tired of being beaten up by raging inflation, reckless fiscal policies, and artificially low-interest rates, they refuse to buy bonds, and some are selling bonds, and so buyers vanish, and new buyers have to be lured into the market with higher yields and lower prices, or else no one is buying, and this is pushing up interest rates further and pushing down bond prices further, and so these bond vigilantes are imposing high costs of borrowing as punishment."

When borrowing prices get high, the economy turns down. I remind you that the entire 2008 financial crisis was caused by a slowdown in the growth of credit. Not a contraction of borrowing… merely a slowdown in the increase of borrowing.

Further, I remind you that stockbrokers, the government and its media, and the big banks are always trying to turn sentiments toward dollars and heavily against gold and other commodities. You will have to go against this if you want to profit from them in the coming months. If you want to be a financial success, you never go with the public, but just the opposite. You must do what most people cannot.

Yours for the truth,

Bob Livingston
The Bob Livingston Letter®

P.S. — Very few people understand that paper money confiscates wealth away from the workers, savers and producers of wealth. Paper money transfers wealth to its creators. This, my friends, is basic to understanding why the system must have inflation. This special report explains everything you need to know about the thief called inflation. 
Follow this link and it will guide you on how to put up personal defenses — before inflation steals everything you have right before your eyes.



A cabal of Communist cockroaches led by the likes of George Soros, Bloomberg, Zuckerberg, Pelosi, Obama, has infested our nation using Biden as their figurehead.  They spread anti-American hatred and division through their Marxist minions [such as the 1621 Project and CRT] including socialist media, school boards, campus brainwashing , the courts, and more.

Together they’ve spent billions controlling media hacks, spreading lies and manipulating the truth in attempt to paint conservatives as villains while their pied pipers in Hollywood string along gullible lemmings.

The one man who fought against these bastards has been Trump whom they vilify at every turn [he’s been the most investigated man in history] via various failed inquisitions.

We all need to fight back against their evil-Vote conservative!


GOP bracing for Trump indictment soon after Election Day


Republican aides and strategists privately expect Attorney General Merrick Garland to pursue an indictment of former President Trump within 60 to 90 days after Election Day, predicting the window for prosecuting Trump will close once the 2024 presidential campaign gains momentum. –Odds of civil War would increase…


Read the full story here.

35 Unusual Uses for Borax

Borax (also known as sodium borate) is a naturally-occurring mineral found in soil, plants, and even our own bodies. When I was growing up, my mom used it as a laundry booster, which is what most people use it for. In my twenties, I learned to use it as an ingredient in homemade laundry detergent. Then in my thirties, I was surprised to discover over 30 other things you can do with borax!

Granted, most of these uses have nothing to do with survival. But what I love about versatile items like vinegar, baking soda, and borax is they eliminate the need to store lots of cleaning supplies.

One four-pound box can be used to clean almost anything around the house and it takes up very little space, leaving you room to store more important things, like food. That's why I recommend adding borax to your survival supplies...

35 Unusual Uses for Borax



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Robert said...

As we always say, democrats could screw up a wet dream!

Maggie said...

All I can say is the GOP better clean house soon!

Buster said...

Don't know about others, but we feel 'busted' by the idiots in DC!