When Donald Trump gets hit, he always hits back even harder. So when the deep state decided to conduct a legal witch hunt against President Trump and his family, they should have expected that Trump would return the favor. In recent days, there have been all sorts of rumblings about sealed indictments, pending arrests and a “deep state takedown”. Many believe that we are on the verge of seeing some of the most prominent Democrats in the entire nation being arrested and thrown in prison. We shall see how all of this plays out, but in this article I am going to focus on the things that have been confirmed so far. (Read More...)
The Washington Post Ominously Warns That Bitcoin Is Being Used By ‘Extremist Groups’
Demonization is the first step toward making something illegal. Over the past couple of months, Bitcoin and other cryptocurrencies have experienced a tremendous surge in popularity. Personally, I was completely floored the other day when my nephew wanted to ask me questions about investing in Bitcoin. It seems like the whole world is getting caught up in the cryptocurrency revolution, and needless to say, the powers that be cannot be thrilled about this. Independently-controlled cryptocurrencies represent an existential threat to the global debt-based central banking system that we have today, and so the elite have a very strong incentive to bring about the demise of Bitcoin and other emerging cryptocurrencies. (Read More...)
Are The Banksters Creating Their Own Cryptocurrency Called ‘Utility Settlement Coin’?
Independently-controlled cryptocurrencies such as Bitcoin, Ethereum and Litecoin may or may not survive in the long run, but blockchain technology is definitely here to stay. This technology has revolutionized how digital financial transactions are conducted, and it was only a matter of time before the big boys began to adopt it. Previously, I have written about how the Washington Post is hyping something known as ‘Fedcoin’, but Fedcoin does not yet exist. However, a digital currency that uses blockchain technology that is called ‘Utility Settlement Coin’ is actually very real, and it is currently being jointly developed by four of the largest banking giants on the entire planet. The following was recently reported by Wolf Richter… (Read More...)
Would This Have Happened Under President Hillary? Holiday Retail Sales Soar Compare To Last Year
We are nearly a year into Donald Trump’s presidency, and the economic numbers continue to look quite good. On Monday, we learned that U.S. retail sales during the holiday season are projected to be way up compared to 2016. Yes, there are all sorts of economic red flags popping up all over the place, and I write about them regularly. And without a doubt, 2017 has been one of the worst years for brick and mortar retail stores in a very long time. But when something good happens we should acknowledge that too, and many are giving President Trump credit for the fact that retail sales are projected to be up 4.9 percent this holiday season compared to last year… (Read More...)
Some Are Calling This ‘The Bitcoin Crash’, But Others Believe It Is Just A Bump In The Road On The Way To $40,000
Bitcoin, Ethereum, Litecoin and other major cryptocurrencies have been on a wild ride this year, and over the past 10 days the volatility that we have witnessed in the marketplace has been absolutely breathtaking. On December 17th, Bitcoin shot above $19,800 for a brief moment before it started plummeting dramatically. At one point the price of Bitcoin dipped below $11,000, which represented close to a 45 percent decline from the record high that it had hit just five days earlier. And Bitcoin was far from alone – virtually every other major cryptocurrency was also down between 25 and 50 percent during that five day period. But now almost all of them are bouncing back, and at this moment the price of Bitcoin is $14,219.99. (Read More...)
The Washington Post Says That Fedcoin Will Be ‘Bigger’ Than Bitcoin
Fedcoin doesn’t even exist yet, and yet the Washington Post is already hyping it as the primary cryptocurrency that we will be using in the future. Do they know something that they rest of us do not? Just a few days ago I warned that global central banks could eventually try to take control of the cryptocurrency phenomenon, and so I was deeply alarmed to see the Post publish this sort of an article. We want cryptocurrencies to stay completely independent, and we definitely do not want the Federal Reserve and other global central banks to start creating their own versions. Because of course once they create their own versions they will want to start restricting the use of any competitors. (Read More...)
41 Million Americans Are Living In Poverty This Christmas
Even though the stock market continues to set new record high after new record high, poverty is exploding all over America. It is being reported that 41 million people are living in poverty at this moment, and 9 million of them do not receive a single penny of income from anyone. Once you have been unemployed for long enough, you don’t qualify for unemployment payments any longer, and once you are on the street there is nowhere for other governments programs to send a check to. I have previously discussed the rising epidemic of homelessness in our nation, but most people don’t want to think about that sort of a thing these days. Even though New York City has the most homeless since the Great Depression, and even though homelessness in Los Angeles is at an all-time record high, most people want to pretend that everything is just fine. (Read More...)
2017 Has Been The Best Year For The Stock Market EVER
We have never seen a better year for stocks in all of U.S. history. Just five days after Donald Trump entered the White House, the Dow Jones Industrial Average hit the 20,000 mark for the first time ever. On Monday, the Dow closed at 24,792.20, and there doesn’t seem to be any end to the rally in sight. Overall, the Dow Jones Industrial Average is up more than 5,000 points so far in 2017, and that absolutely shatters all of the old records. Previously, the most that the Dow had risen in a single year was 3,472 points in 2013. (Read More...)