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Welcome!

Happy Presidents Day and Family Day

Cory
February 19, 2018

With the markets closed today we are giving our awesome guests a day off ;)We hope you all enjoy this long week across Canada (expect for BC) and in the US.

I also wanted to thank everyone again who sent in questions for Quinton and further followed up with after the interview. I love hearing from everyone and do my best to respond to you all!

We will be back at it tomorrow!

Discussion
22 Comments
    CFS
    Feb 19, 2018 19:35 AM

    Best Wishes back at yer.

      Feb 19, 2018 19:10 AM

      The beauty in Robert Mueller’s indictment of thirteen Russian Facebook trolls is that they’ll never face trial, so Mr. Mueller will never have to prove his case. In the new misrule of law made popular by the #Me Too movement, accusations suffice to convict the target of an investigation.

        Feb 19, 2018 19:11 AM

        Mueller has become the JOKE of the Week……

          Feb 19, 2018 19:13 AM

          It actually looks like the greatest act of bureaucratic ass-covering in US history.

    CFS
    Feb 19, 2018 19:49 AM

    https://kingworldnews.com/greyerz-pandoras-box-and-disastrous-worldwide-consequences/

    Yes , Greyerz is right, we are in a whole-world Wiemar economic state.
    Governments over-spend, over-tax and over-borrow.
    Is there any doubt that they will continue to do so until the whole world economic system breaks?

    It seems to me governments will continue to print money and prop up asset inflation.
    Yes, stock markets have high valuations by any rational measure, but as currencies fail, they at least represent some real vale. (The German stock market continued to rise as the Reichmark dropped to zero during the Wiemar Republic collapse; just as Argentine and Zimbabwean Stocks rose as those currencies declined in more recent times. But unlike previous times, this time we will simply not be able to pick a stable surviving “better” existing currency to replace those failing.
    In my opinion, all major real assets will similarly increase in apparent value when measured in currencies, be they dollars, euros or pounds, that are in terminal collapse.
    You know the trick in surviving this situation is in guessing which will be the major world currency or currencies that arise out of the ashes of the collapsed economies.
    You know governments have been colluding in their printing of money, because they had to, in their attempt to keep currencies relatively stable and interest rates low.
    You know governments will survive, because they hold the power, even if individual politicians may fall.
    The real question; Is what currency or currencies will arise in the new post-collapse world.

    Will it be a currency based on gold and silver? Maybe, maybe partly, but certainly not at current prices…..there is not enough precious metal at current prices.

    Will it be a currency based on special drawing rights at the IMF? Possibly, but this would simply be a world-wide leveraged fiat, based on individual country contributions of …what? Gold? Worthless dollars, worthless Euros, worthless pounds?

    Will it be a number of nationally-based individual cryptocurrencies ?

    Will it be a single one-world cryptocurrency.

    I don’t know. It’s far above my pay grade to know, but one can speculate……

    Certainly a single one-world currency would aid trade, but surely countries must have learned by now the lesson of the Euro: that one universal currency cannot work without fiscal union, or large money transfers (subsidies). Thus a one-world currency is, in my mind, highly improbable.

    It, therefore, appears to me, that the most probable outcome of a world-wide economic collapse is that individual currencies, either nationally-based, or regionally based will arise from the ashes. I believe some of these will exist only in Cryptocurrency form.
    (A quantity limit would be more trusted by citizens, but would governments accept such a limitation?)
    Whereas others will arise in the more conventional note and coin form, but, of course, with a new drachma, new dollar, or new franc label.

        Feb 19, 2018 19:47 PM

        Nothing new here……we have been say many of these same things for years….

          Feb 19, 2018 19:48 PM

          say to saying….

          Feb 19, 2018 19:53 PM

          Btw….thanks for the post …..did not mean to say, we know it all….just seemed to be saying the same thing that we have been talking about for some time.
          I have never heard this individual, nor listened to this individual, ….did he just pop on the seen….?

      Feb 19, 2018 19:20 PM

      Plenty of good theories there CFS. Unfortunately they seem to ask more questions than they answer. This is to be expected though when one considers the predicament we face from economic stupidity and globalisation. Like you say governments over borrow and over spend at the same time and so do we as individuals. Where and when did we become so negligent towards basic principals of finance? Was it simply forgotten as a convenient ignorance or has it become a more sinister agenda of self destruction for a hidden cause?

        CFS
        Feb 19, 2018 19:10 PM

        I use credit cards, but have personally never over-borrowed in my life.

        Without parental help, other than a good upbringing, I leveraged my education and intelligence into being able to retire in my early fifties. But my wealth came from saving by living relatively frugally and good investment habits.
        I am always dismayed by many people’s “need” to spend any and all the money they have and then some. I am disgusted by politicians who destroy there economy by over-promising and over-spending to buy votes from the population, regardless of their political party.

          Feb 19, 2018 19:29 PM

          Here here! Whilst im still relatively young, I maintain a simple mantra of living within ones means also. I do this as I know that filtering through money like its sand through the palm of your hands is a trap that is very easy to fall into and very hard to get out of.

          Politicians are shifty by nature and whilst accountability is absent, long may it continue. Pocket lining with “greenbacks” is entrenched in their so called “occupation”.

    Feb 19, 2018 19:23 PM

    What about the bill that just got passed YOU CAN BOYCOTT ISRAEL:: Sincerely:: Men stand up for once

    Feb 19, 2018 19:49 PM

    Trump has turned The American spotlight back on business. The American public is fed up with scandals, people need to enjoy themselves. Trump has also provided circuses for the masses with his tweets. Happy is a nation that can forget it’s scandals and start to live again. Forget history for now and watch The Olympics or any good show that comes along.

    Feb 19, 2018 19:32 PM

    Corsi live stream………..enjoy
    https://www.youtube.com/watch?v=oYRwOWzmmvs

    Feb 20, 2018 20:00 AM

    Mueller is like a bad contractor, who signs a contact and can not perform…. the crook needs to stop stealing the tax payers money…..JUST FIRE THE GUY ….then sue him for collusion concerning drug running , and money laundering. …..Dereliction of duty…
    https://www.zerohedge.com/news/2018-02-20/dollar-bond-yields-drop-mueller-unveils-new-charges-russia-probe

      Feb 20, 2018 20:29 AM

      “Franklin D. Roosevelt (1933-1945) was president for 12 years, yet not nearly long enough.”

      The Intercept obviously exists to intercept the truth and keep the sheeple stupid. The bias was clear almost immediately.