Amazon, Gold and Economic Collapse - Rory Hall/Dave Kranzler (22/6/2017)
June 22, 2017
After taking a few weeks off – we’re baaaacccckkkkk!!
Editor’s Note – During the show it is stated that German based Lidl owns Trader Joe’s – it is actually Aldi that owns Trader Joe’s.
Shadow of Truth returns to the airwaves with the latest updates on Amazon purchasing Whole Foods and how this will effect Amazon stocks. Dave, once again, points out this ponzi scheme for what it is, a ponzi scheme. This ever-growing, retail market killing behemoth is moving into the next phase of total retail destruction all the while using “creative accounting” to make the numbers work.
Russia has added just shy of 22 tons of gold to their “official” gold holdings. If the trend continues Russia could possibly move into the 5th position in global gold holdings. China has cooled their heals in acquiring gold for their official gold holdings. This does not, of course, mean that China is not acquiring gold, as they are the largest gold producer in the world. All the gold mined in China stays in China. She also has other accounts to place gold, like the S.A.F.E. accounts that are not part of the “official” gold holdings report
The talking Fed heads seem to be on a particularly nasty tear for the past decade. Crashing the global, sending the U.S. into an unofficial decade long recession that has, in my opinion, morphed into a full blown economic depression. These criminals are completely unaffected by their policies. Not only are they unaffected not one of these people have ever held a real job or operated a business. They have no concept of what their policies mean to the people on the street.
At the end of the day it doesn’t matter as these talking Fed heads are merely puppets speaking the words dictated by their masters at the BIS. As John Titus has pointed out, time and again, the BIS is the source of all the worlds economic misery. The rules are created by this unelected group of banking criminals and passed along to the central banksters to share with the world.
Get prepared for economic changes. While the cryptocurrencies have been performing quiet well over the past six or more months Bitcoin, the reigning king of cryptos, has only been in existence since 2009 while gold and silver have been money for 5,000+ years. In the long term, history does matter, and it comes down to having a physical, tangible coin versus something that only exist in the either of cyberspace.
Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory has contributed daily to SGTReport since 2012. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Visit The Daily Coin website and The Daily Coin YouTube channels to enjoy original and some of the best economic, precious metals, geopolitical and preparedness news from around the world.
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance, and graduated Oberlin College with majors in Economics and English. Dave has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. Currently he co-manages a precious metals and mining stock investment fund in Denver and publishes the Mining Stock and Short Seller Journals. Contact Dave at firstname.lastname@example.org.
The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.
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