by John Galt June 5, 2013 05:00 ET The news flow today was pretty much the standard fare until a rant from Henry Blodget of Business Insider appeared on my Twitter feed: I Just Used Cash — Boy, What A Horrible Way To Pay For Things! The insanity of the title reflects a globalist perspective of the author, one who wishes the ideas of true capitalist independence to fade into history under the darkness of a state controlled system along with the only instrument…
by John Galt May 23, 2013 05:00 ET The cratering of the Japanese stock market last night with a massive 7.32% sell off could be an indication that the Fed’s hint that the era of super easy funny fiat printing may start to ease is over. The hangover might begin as U.S. futures are down triple digits as this is typed but is it the end? If the speculators are any hint, odds are this could be a short sharp correction heading…
by John Galt May 7, 2013 05:00 EDT A Warning for the Unprepared Prepper… Last year, yours truly penned a piece titled “It’s Time to Accept Reality that it’s Too Late.” It was an echo of the words I uttered on radio many years ago that if one wishes to survive the oncoming threat of a United States based dictatorship using a corporatocracy inclined Fascist system to control the masses, that the two words one did not want to hear were that it is…
by John Galt May 6, 2013 05:00 EDT Is there a relationship between an increase in the manipulation of paper Gold and Silver prices and the sudden appearance of counterfeit coinage on the market? First, let’s review this video from the Hamilton Police Department in Ontario Canada: The CBC broke this story in Canada on April 25, 2013 stating: “You wouldn’t be able to tell the difference (with) the naked eye. The coins are actually very high quality fakes,” Const. Mike La Combe…
by John Galt April 22, 2013 05:30 EDT The sad truth about our modern reality is that everything is fixed. Football games? Probably. Elections? Definitely. Judicial trials? If you have the money, no problemo. Stock markets? Seriously, you have to ask? Thus why the Central Banks have declared a currency war to protect their precious post-Bretton Woods period of dominance so they can continue the rape and pillaging of nation after nation in exchange for greater power at the expense of the individual citizen’s…
by John Galt April 19, 2013 06:00 EDT Everyone loves a market rally after a tough week and with terrorists being killed and hunted down and the prospects of a massive increase in the size of the Police State, look for all US markets to rally strong today. In the premarket, it’s looking somewhat strong: (Data from FinViz.com) History reminds us about IBM’s role in pre-World War II Nazi Germany and how many U.S. and British companies exploited the expansion of the police…
by John Galt April 17, 2013 21:28 EDT Now the Central Banksters must be warning all their member banks to sell in unison to scare the ChiComs and Japs…. (Top chart from Investing.com second graphic from FinViz.com) That one down draft was a good $38 plus! Stay tuned because equities will follow if this evening turns into another deflationary bloodbath!!!!
by John Galt April 15, 2013 05:50 EDT The bloodbath in precious metals and base metals continues this morning with gold down over $100 per oz. at one point in electronic trading in New York: (charts from FinViz.com) While many crazed souls in the precious metals community will act like a chicken with their head cut off, I simply remind everyone of what gold and silver predicted in the spring of 2008: (charts from StockCharts.com) The chart above demonstrates first a correction which was…
by John Galt April 14, 2013 23:00 EDT If anyone thinks the world’s central banksters are not aware of the flight to physical precious metals, the following two charts from tonight, one from NetDania and one from Kitco should dispel that myth: Ouch. Double ouch. However for those holding physical gold, not paper, this should be viewed for what it is, a final chance to buy insurance before all hell breaks loose. We are one nuclear missile flying over Tokyo from North Korea or…
by John Galt April 15, 2013 05:00 EDT There is a growing problem as the United States lurches towards its ultimate goal as a good world citizen and participant in the new world order of economic and political unity under a globalist banking system overseen by a select group of unelected political appointees. The problem is almost identical to the growing firearms and ammunition shortage in the U.S. where prices are putting many weapons and types of ammunition, when it can be found, out…
by John Galt April 12, 2013 05:00 EDT Think it can’t and won’t happen here? Think again. In every case where a totalitarian dictatorship was progressing which restricts the freedoms and rights of citizens, seizing the firearms of the average person was always and still is goal number one. To make matters worse, the pointing at the Canadian example does nothing to impede the thought process of cowardly Republicans defending the idea because the thought of obtaining more financial support far supersedes…
by John Galt March 27, 2013 22:30 ET Bloomberg started the Slovenia hit parade not even within a day of the “resolution” to the Cyprus crisis with this article: Slovenia’s New Cabinet Under Pressure to Avoid Cyprus Fate How bad is it? Their banks need upwards of €3 billion plus with an immediate need for liquidity for their banking system of €1 billion. Of course the European Union doesn’t realize that the more matches they flick on the Balkan powder keg, the more likely…
by John Galt March 27, 2013 21:15 ET In this interview with Marc Faber on Bloomberg Surveillance this morning, the most dangerous point that I’ve ever heard him make about the upcoming systemic crisis (my words, not his) where he states that “even in gold it will be difficult to hide.” I point to this chart from 2008 to highlight this point: The gold chart from 2008 illustrates a demonstrative “death cross” as circled on the chart. In 2012 to today however,…
by John Galt March 1, 2013 05:30 ET The markets are at a face palm railroad crossing and unfortunately most market participants and gurus are missing the warning sign. First and foremost is that gold has shifted from its safe haven status to a full blown predictive indicator of approaching economic and stock market action. At this moment the declines in gold are not stating we are in the great hyperinflation but in fact possibly heading towards another period of deleveraging and deflation…
by John Galt February 24, 2013 16:15 ET The economic landscape continues to evolve within this manipulated market realm under the guise of capitalism yet few commentators beyond Rick Santelli at CNBC and Ambrose Evans-Pritchard of the U.K. Telegraph are willing to step outside the accepted norm and offer blunt commentary about the upcoming risks and eventual conclusion of the great Ponzi scheme concocted by the world’s central banks. Tonight’s edition from AEP is no exception: Trade protectionism looms next as central banks…
by John Galt February 21, 2013 05:00 ET The most dangerous gun in the world was not created by the Chinese Communist Party. It is not the Barrett .50 caliber sniper rifle. Governments do not fear the AK-47 or the now much ballyhooed AR-15 as many might think. The most dangerous gun which can bring down a government is in fact the oldest weapon of its kind in human history. That is why governments, central bankers, and mercantile professionals are terrified of it…
by John Galt January 7, 2013 05:00 ET This is part two of a fifteen part series. One day Jack and Jill went down the hill to sell Grandma’s gold coins they inherited to raise money to help pay for groceries and rent. It wasn’t much that they wished to sell, just a few fractional pieces worth around $800 according to what some knowledgeable friends told them. When they entered the coin shop in their home town to sell these coins, the…
by John Galt January 1, 2013 20:00 ET Ambrose Evans-Pritchard hits it out of the park again in today’s U.K. Telegraph, but not for the reasons many of my readers think: Stocks to soar as world money catches fire, Calvinst Europe left behind The one statement that caught my attention: The side-effects of this currency warfare — or “beggar-thy-neighbour’ policy as it was known in the 1930s — is an escalating leakage of monetary stimulus into the global system. …
by John Galt January 1, 2013 17:00 ET 2013. Bah Humbug. Washington, D.C. is a mess ruled by a maniacal narcissistic Marxist and opposed by a globalist political party which would sell your mother into slavery to get a new bridge for swamp rats in their district. The civil war in Syria continues unabated. North Korea can lob objects into the atmosphere with the trajectory of “God only knows” and hopefully one day they do not get lucky with something over…
by John Galt December 30, 2012 15:00 ET So how did I do? First, unlike many bloggers, prognosticators, commentators, and hosts, I will refer to my predictions for this year that is about to end by reminding everyone they can see my mistaken and correct predictions of doom in this thread from my radio show and in this thread: JohnGaltFLA.com Predictions for 2012 Let’s break this down, section by section and score it by +1 for correct, -1 for…
December 21, 2012 05:05 ET By John Galt Tonight I must say that parting is such sweet sorrow. It is time for this cowboy to ride off into the sunset and spend more time writing at this website and more importantly prepare my family for the acceleration of the collapse. It has been a good run, starting with my time on Steve Quayle’s program many years ago until this moment where with the blessings of all my listeners who allowed me into their…
December 19, 2012 19:05 ET By John Galt Tonight I discuss the coming economic doom which is about to eradicate decades of American capitalism and put the U.S. on a course to make the French, Communist Chinese, and Cuba look more akin to the ideals of freedom than our founders could ever have imagined. Housing Recovery? What a lie. Foreclosure crisis averted? Think again. Wage stagnation? The state wants to control your earnings. Stock Markets? The biggest rigged pile of…
December 4, 2012 16:25 ET Imagine a world where there is no hope unless you take the correct medication as prescribed by your local party medical officer. THX1138? Not yet. Just how bad is the situation going to get? Take one look at the picture below and tune in at 8 pm ET. Remember the motto for this decade: Resistance is futile. You have been warned so tune in at 8 p.m. ET by clicking on the link below AND…… PARTICIPATE:…
November 20, 2012 18:55 ET Live again. Loud again. Broadcasting from bug out location number 1 deep from the boondocks of Southwest Florida, there is a few things I would like to get off my chest…. The War on Christianity The World at War Police State 2013 His Royal Highnass Economy in its Death Throes and of course a huge… DUCT TAPE ALERT You have been warned so tune in at 8 p.m. ET by clicking on the link below AND………
by John Galt November 14, 2012 20:00 ET I may not be able to predict political outcomes but I can smell a major move in precious metals and geopolitical conflict a mile away. At this point in time, it is only logical to observe the situation in the Middle East and the soon to begin ground war in the Gaza Strip and start to extrapolate the potential move in precious metals. To begin this story, I wish to observe the “bear” market…
by John Galt November 7, 2012 16:45 ET - …. . / .– — .-. .-.. -.. / .. … / .- – / .– .- .-. / .- .-. . / -.– — ..- / .–. .-. . .–. .- .-. . -.. Dear God, Ouch. We got the message. Love ya man, Real Americans Wow gang, just wow. A lot to cover in one hour as yours truly dissects the disaster from last night. And…
by John Galt October 24, 2012 19:30 ET The story from Channel 7 in Australia has set off alarm bells worldwide: Counterfeit Aussie gold sold in China While this is not a surprise to many of us after the counterfeit Morgan and Peace dollar scheme uncovered last year and the discovery of hollowed out gold plated tungsten filled bars around the world, apparently the trust between the central banks has fallen to the point where the German Bundesbank wants to bring…
By John Galt September 18, 2012 – 19:00 ET Doom? Ha. The economic and geopolitical hell I am about to unleash along with our future Gestapo will make the a fore mentioned look like the female reproductive systems of the Communist Ladies Association. Tune into DOOMER TUESDAY at 8 p.m. ET tonight to find out more… Just click on the banner below to find the various audio players to listen or to participate in the chat room with like minded Americans.
by John Galt September 13, 2012 13:20 ET Seriously? Wow, will I have a lot more to say about this on my radio program tonight. From the Federal Reserve website: Press Release Release Date: September 13, 2012 For immediate release Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow, and the unemployment rate remains elevated.…
by John Galt September 11, 2012 23:00 ET Imagine a world where the average Joe Schlub walks into his favorite coin dealer and asks his friendly retailer, “Hey Mike, can I buy a roll of silver American Eagles off of ya?” Before Joe can whip his wallet out, the retailer slides a government tax form in front of him and states, “Sure, just as soon as you fill this form out, provide two forms of certified identification, fill out this bank statement release…
by John Galt August 1, 2012 14:30 ET Full FOMC statement from the Federal Reserve website: Release Date: August 1, 2012 For immediate release Information received since the Federal Open Market Committee met in June suggests that economic activity decelerated somewhat over the first half of this year. Growth in employment has been slow in recent months, and the unemployment rate remains elevated. Business fixed investment has continued to advance. Household spending has been rising at a somewhat slower pace…
by John Galt July 5, 2012 08:00 ET The first half of 2012 has become a comic book story, not based on the superheroes of Marvel or DC, but akin to Alfred E. Neuman acting as villain, superhero, and lucky loser. Since January of this year the market has rallied not on economic growth, not on world geopolitical stability, not on stock market technicals or fundamentals, but on rumors. Rumors of Fed rate cuts, BoE rate cuts, rumors of peace agreements in strife…
by John Galt June 10, 2012 23:40 ET Hey, remember this guy? Who could ever forget that awesome prediction. Along with the Dow 20K guy, of course. Someday soon, with the Bernank’s help, they might be right. But for practical purposes, let’s review the upcoming Spanglish rally created by the FedECBJCBPRAYFORAMIRACLEOHGODWEAREALLGOINGTODIE bank of the world. The S&P 500 has some serious headwinds as Herr Obummer likes to call them: A break through the 1360ish area with major…
by John Galt June 8, 2012 05:30 ET On my radio program of June 6, 2012 I pointed out how gold has been leading the equity markets. In this commentary, I shall show how the two divergences from 2007 to this year will end and result in a short term collapse in stock prices. First, let’s review the chart of the S&P 500 versus the GLD ETF from 2007 to June 7, 2012: The initial divergence as highlighted in the chart above…
by John Galt June 4, 2012 05:00 ET Almost a month ago on May 6th, I warned of bad things from the financial world in this article: Gold is Sending a Dire Economic Warning Thus far that warning has been spot on but the recent action in the gold markets on Thursday and Friday of last week has suddenly given my fellow goldbugs the “hopium” that a bottom is in. I must argue to the contrary as the technicals are still horrid…
by John Galt June 3, 2012 19:10 ET The hits just keep coming and with $647 trillion reasons to worry, aka, the total notional derivatives now outstanding as of Q4 in 2011 per the Bank of International Settlements just released this afternoon and published officially on Monday (click here for the PDF of the full report). The really, really good news is that our Federal Reserve has this completely under control and the trillions of dollars in Credit Default Swaps (CDS) and European…
by John Galt May 31, 2012 23:00 ET Throughout the recent five years of American economic, political, and Constitutional crises the world chugged along with winners and losers selected by fate and foolishness as the erosion of our modern civilization continued from within. This system crash at all levels, morality, financial structure, religion, politics, and the viability of the nations impacted from this disaster is going to lead to some extremely long term changes in the world, some of which will shock the…
by John Galt May 20, 2012 23:59 ET But, butt, butt, butttttt, butttttttt, I was told on the teevee that Mr. Obama had saved the day according to the Vice-President, Mrs. Biden. Oopsies, again! Tonight’s editorial/commentary from Ambrose Evans-Pritchard sums up the ultimate definition of “critical mass” if and when the American economy collapses in this article: Again; do what? I thought Obamanomics cured cancer, AIDS, divorce, unwanted pregnancy, herpes, and common toe nail fungus. Apparently, according to the concerns…
by John Galt May 20, 2012 22:00 ET No comment is necessary. This excerpt from the latest editorial from the Mogambo Guru should provide a clue for those who are ignoring reality: Of course, Ben Bernanke, chairman of the Federal Reserve, so famously said that inflation is only a problem for people who buy things or put the money under their mattress to save it instead of putting the money into investments that will, hopefully, grow as fast as inflation, to which…
by John Galt May 15, 2012 05:30 ET After several days of just horrid technical destruction and weak trading action, look for equities to start their Facebook dead cat bounce phase. Today, if it plays out as most bear market moves do, should see a rise in prices in the morning, fade after lunch, and then it is a coin toss if the markets finish flat or lower. If there is major selling into the morning rally then that is a very ominous sign.…
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