Scattered recent analysis has centered upon the Gold Standard and its viability within the global financial system. The topic is certainly very blurred and at times confusing. Consider a recent article by a competent analyst Charles Hugh Smith of the site OfTwoMinds on the practicality of gold used as a standard. The article is entitled “The Problem With Gold-Backed Currencies” (which is found HERE and also on Lew Rockwell site HERE). He makes several points, many good ones. In the Jackass opinion, his analysis avoids many potential solution features, is premature on focus of the currency (and not trade), and is unfortunately backwards in the logic. The main criticism to put on the work is that he confuses the extreme difficulties created from decades of fiat currencies, with the supposed problems of installation of gold-backed currency. The entire article is not well developed, seems sketchy, and misses numerous very…

With all the division in our government, major spying revelations for political purposes, deadlock in the senate, government shutdown being threatened, and a Gdp imbalance between the federal reserve banks we turn to economic strategist Charles Thorngren who just penned a new blog post at Noble Gold Investments entitled, “Bonds, Yield Curves, Recession Oh My!” In it he presents a detailed map, which attempts to show us how to avoid a ‘mega event’, he’s predicting for the US economy… and he has a major announcement.

Source: Insider Predicts ‘Mega Event’ Heading for US Economy – Honeymoon Is Over (Video) | Prophecy

Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn…

Get economic collapse news throughout the day visit http://x22report.com
Report date: 04.05.2017

ADP employment surges to highest since 2014.

Services PMI and non-manufacturing ISM decline.

Texas signs bill that will allow gold and silver to be money.

The Fed hints that the stock market is a bubble and it going to have a major correction.

An economic historian is predicting that the central banks are going to crash the economy.

Be prepared we are now seeing the push to bring down the entire global economy.

Source: X22Report Fed Just Hinted That the Stock Market and the Economy Might Be on Shaky Ground – Episode 1247a | Politics

Former Assistant Treasury Secretary in the Reagan Administration, Dr. Paul Craig Roberts, sees trouble for the economy. Dr. Roberts explains, “This image of a strong stock market is based essentially on debt, borrowing and debt, money creation and debt.  It’s a false signal that shows prosperity, and it’s not really there. . . . So, during a period of time when there has been no interest income on peoples’ savings in the form of bonds or CDs, there has also been no growth in Social Security income.  So, the elderly, or the largest block of them, are hard pressed.  The young come out of school with student debt and no good jobs.  A large percentage can’t find sufficient employment to support an independent existence.  They can’t possibly pay off the loans.  So, wherever you look, you see a debt based system that’s running out of steam.”

Dr. Roberts, who holds…

Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn…

Get economic collapse news throughout the day visit http://x22report.com
Report date: 04.04.2017

Trump keeps promise and donates salary to National Park Service.

Ralph Lauren closing store in NY.

2017 Retail bankruptcies are surging this year.

The next subprime crisis is here and the corporate media doesn’t want to talk about it.

Manhattan apartment prices are tumbling, over a million people left NYC since 2010.

US factory order surged, not so fast most of this was based on the military.

Richmond Fed Lacker was booted from the Fed because he was leaking information.

Jamie Diamond says there is something wrong with the economy, but we just can’t put our finger on it

Source: X22Report Elite Admit That Something Is Wrong With the Economy, but it’s Not Their Fault – Episode 1246a | Politics

Last week saw the first new set of signatories join the Asian Infrastructure and Investment Bank (AIIB) since the original 57 nations joined on the institution’s inception back in 2015.  And with these 13 new countries buying into China’s alternative to the West’s International Monetary Fund (IMF) bank, a total of 70 countries have recognized the shift that is taking place from West to East in the global financial system.

However these new 13 members are not the only ones suddenly rushing into the AIIB, as an announcement on March 25 shows that 15 more governments have applied to join, which would make the number of countries joining the AIIB equal to nearly half the total number of countries currently recognized in the world.

Fifteen new members will soon join the Asian Infrastructure Investment Bank (AIIB), which will bring the total number of members to nearly 90, AIIB President Jin…

Tuesday, April 4, 2017

via INTERNATIONAL PRESS RELEASE_03APR17 — NESARA- REPUBLIC NOW – GALACTIC NEWS

Auto Industry Resorts To Biggest Incentives Ever To Slow Decline In Sales | Zero Hedge – http://www.zerohedge.com/news/2017-04-02/auto-industry-resorts-biggest-incentives-ever-slow-decline-sales

The Next Subprime Crisis Is Here: 12 Signs That A Day Of Reckoning Has Arrived For The U.S. Auto Industry – http://theeconomiccollapseblog.com/archives/the-next-subprime-crisis-is-here-12-signs-that-a-day-of-reckoning-has-arrived-for-the-u-s-auto-industry

04-01-17-MACRO-THEMES-AUTO-SII-RETAIL-AUTO-2016-Q4_US_Auto_Loans.png (507×477) – http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/03/27/04-01-17-MACRO-THEMES-AUTO-SII-RETAIL-AUTO-2016-Q4_US_Auto_Loans.png

The Auto Industry Is About To Drive Off A Cliff, Again | Zero Hedge – http://www.zerohedge.com/news/2017-04-03/auto-industry-about-drive-cliff-again

Auto OEMs Miss March Sales ‘Bigly’ As Stocks Tumble | Zero Hedge – http://www.zerohedge.com/news/2017-04-03/beginning-end-auto-oems-miss-march-sales-bigly-stocks-tumble

https://youtu.be/tVq-Jr5pS08

Source: 12 Troubling Warning Signs for US Auto Industry | Economy

Imagine a world without money. At the moment the world is in the control of a handful of beings. They have created the Babylonian money magic slave system. This system has the power to control and enslave us all completely.

We have to work to obtain money, if we don’t we have no food, energy, clothes, shelter, etc. We could live off the state but this is frowned upon. Society expects us to work and compete. We are all driven to work harder and earn more money. This takes up most of our time.

We do not have time to think, to dream, to follow our creative urges. Everything that we want to do, every idea we have, usually costs money, every hobby costs money. Some people feel totally constricted by this system and lose all hope. They turn to drugs and alcohol to find some sort of…

https://www.youtube.com/watch?v=61dHRbtszww&feature=youtu.be

As we near the day when we must all file for our income taxes realize that your tax dollars are literally being dropped out of planes as you read this – and it is being dropped over 8,000 miles away

Yesterday story broke about the US Dropping 500 Bombs per day week on the city of Mosul, Iraq. At this rate – and we have kept this up for over 15 years now – that is around:

500 X 52 = 26,000 bombs per year

26,000 Bombs X 16 years = 390,000 Bombs.

So what exactly does it cost for one bomb???

Well – the Basic Costs include:

Bomb MK2 – $2,000 + delivery costs plus explosives = $20,000

Cost to operate a carrier group to launch the planes: $8 Billion a year  – or $22 Million per day. That’s about right – not to mention the building costs…

Trading in local currencies has already started — and lays the groundwork for facilitating BRICS transactions in gold Recent progress made in streamlining trade in local currencies has brought Moscow and Beijing closer to creating a financial architecture that could facilitate transactions in gold. As we reported last week, Moscow and Beijing took another step…

via Moscow & Beijing Establish BRICS Monetary Transactions Framework In Gold: It All Begins — Prepare for Change

Russian President Vladimir Putin has begun the process of freeing Russia from the international banking cartel completely, by ditching the dollar in favor of gold. As tensions between the west and Russia reach boiling point, […]

via Putin Splits Russia From International Banking Cartel – Ditching Dollar For Gold — Your News Wire