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Gold mining: the world’s cheapest jurisdictions

Gold mining: the world’s cheapest jurisdictions

Trump Tax Cuts Will Start Monumental US Boom – Martin Armstrong

By Greg Hunter On December 17, 2017 In Political Analysis

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Legendary financial and geopolitical analyst Martin Armstrong says the Trump tax cuts are going to be a very positive move for the U.S economy. Armstrong explains, “It’s huge, I cannot tell you how much. . . . Any company that doesn’t bring its cash back under this deal should be sold short, basically. You bring it in because who knows what will happen when the politics change. It’s a one-time deal. You get to bring it in, and you better get it in fast.”

Armstrong thinks you cannot underestimate the effect Trump tax cuts will have on the U.S. economy. Armstrong goes on to say, “It’s monumental. It really is a very pro-business situation, and that’s going to grow jobs, etc. Small businesses and pass-throughs have been abused. They have been abused. A small business tries to get a loan from a bank, and 70% of them are declined. It’s really more of a pro-business type thing. I mean in what you are paying out in taxes, in our office, we could hire ten more people. You have to understand what it does, it then puts pressure on everybody else. We already have Canadian companies standing up and saying we are going to have to move to the United States if this keeps up.”

Armstrong says the rest of the world is freaking out about the Trump tax cuts because they are going to lose business. Armstrong says, “Absolutely, China, I had to fly to London to meet with very senior people and they met me in London. . . . You have to grasp the structural differences outside the United States. . . . If this tax thing goes through, our models are showing we should be reaching the 37,000 to 40,000 level (on the DOW) at least by 2020.”

There is also some bad news. Armstrong is worried about central banks continually buying bonds to suppress interest rates. Armstrong says, “Yes, absolutely. We are in the biggest bond bubble in history, not a stock bubble, but a bubble. . . . The scary thing in Europe is the ECB (European Central Bank) has been basically supporting the governments. It is subsidizing all the governments in the Eurozone. We are looking at almost 10 years of quantitative easing with that, and it hasn’t helped the economy. If the ECB backs off, who’s going to buy the debt?”

How does this end? Armstrong says, “Our computers are showing that interest rates are going to go up faster than anybody has ever seen in history. . . . You are looking at a doubling of interest rates very, very rapidly. . . . Gold and equities are the place to be.”

Join Greg Hunter as he goes One-on-One with Martin Armstrong of ArmstrongEconomics.com.

Video Link

https://usawatchdog.com/trump-tax-cuts-will-start- monumental-us-boom-martin-armstrong/

and Silver in the doghouse and Gold treading water

Part:

The addiction metaphor does apply to America. We are simply addicted to our own bullshit. But like all floundering addicts, we have to hit bottom before anything like clarity returns to our daily doings. When that does happen, it will be as far from intoxicating as you can imagine. The smoldering wreckage of The World’s Highest Standing of Living will be visible in a 360-degree panorama.

Comment:

In my opinion, the “addiction” was American consumers being manipulated by globally promiscuous ” junkies ” to gleefully buy cheaper high quality consumer products.

Plus, our domestic manufacturing businesses were manipulated with obscene environmental laws and a 35% corporate rate tax in the USA and give themselves a 20% tax rate if moving overseas. Domestic companies were pretty much forced to shut down or move to foreign nations.

Re, the part, we have to hit bottom before anything? Well that already happened in the summer of 2008 exposing the smoldering wreckage of The World’s Highest Standing of Living that peaked around 1972 and culminated in 2008.

Because of all the above, TPTB are now the dog being wagged by the tail. Doing things they normally would not do, to rebuild the US consumer. Too little too late may be the situation now. They over harvested and over abused the American masses, and its all going against them now.

They are actually COMPLAINING and WORRYING about stagnant wages, or no wage inflation. It MEANS they all need more money (and tax receipts) and the masses inflation adjusted inadequate wages are liable to cause a massive deflation.

Maybe at that point, consumer prices getting lower, and wages still stagnant, it would be a like a pay raise.

at least not the usual bleeding we’re used to seeing…

The Darkest Hours

The Tax “Reform” bill working its way painfully out the digestive system of congress like a sigmoid fistula, ought be re-named the US Asset-stripping Assistance Act of 2017, because that’s what is about to splatter the faces of the waiting public, most of whom won’t have a personal lobbyist / tax lawyer by their sides holding a protective tarpulin during the climactic colonic burst of legislation.

Sssshhhh…. The media has not groked this, but the economy is actually collapsing, and the nova-like expansion of the stock markets is exactly the sort of action you might expect in a system getting ready to blow. Meanwhile, the more visible rise of the laughable scam known as crypto-currency, is like the plume of smoke coming out of Vesuvius around 79 AD — an amusing curiosity to the citizens of Pompeii below, going about their normal activities, eating pizza, buying slaves, making love — before hellfire rained down on them.

Whatever the corporate tax rate might be, it won’t be enough to rescue the Ponzi scheme that governing has become, with its implacable costs of empire. So the real aim here is to keep up appearances at all costs just a little while longer while the table scraps of a four-hundred-year-long New World banquet get tossed to the hogs of Wall Street and their accomplices. The catch is that even hogs busy fattening up don’t have a clue about their imminent slaughter.

more http://kunstler.com/clusterfuck-nation/the-darkest-hours/

I guess our site went off the tracks same as that Amtrack train. Fortunately we are up and running with no casualties. 🙂

there was a glitchstorm, but it seems to be lifting

IMO one of the most savvy and honest people on the planet tells it like it is.

Site is working if this goes through. 11:01 AM here.
Amtrac train off the rails in Washington state going 81 MPR going off track hanging over a bridge

not allowed to post my message and was asked if I were a ROBOT

I THOUGHT tha “proving you’re not a robot nonsense” was completely removed!

Please check again and make sure it is—TIA! You’re the best!!

@ Ipso – Is site working?   somebody please post

It may be working, but it is impossibly slow.

It took at least  2-3 minutes for the site to open.

Perhaps another 10-15 minutes to sign in and write this.

It is now 9:13 PST and I am hitting the Publish button.

Thanks for your work keeping the Tent open

** UPDATE 9:18 PST **

(message at top of screen)

“…connection lost.. Saving has been disabled…”

(message at bottom of screen)

“..Waiting for goldtentoasis.com…”

** UPDATE 10:48 PST **

I could not get “Publish” to work at all and gave up – I just logged back on a minute ago and it looks like this might go.

it did!  and “edit” worked too !

we are about to get an explosive rally.

Good to see the shares holding up nicely today – in particular the silver shares seem to be outperforming a little.

Hopefully the tax loss selling is just about finished.

I’m obviously up and running now too.

This is all about challenging the USD IMHO.

Trump Releases Full National Security Strategy – Takes Aim At China, Russia In Defense Of Unipolar World Order

while ‘trade’ is the cover, perhaps it was comments from HR McMaster, US national security adviser who oversaw the strategy, this week that confirm the threat to dollar hegemony as he said China – along with Russia – was a “revisionist power” that was “undermining the international order.”

Hopefully we have smooth sailing now …

ipso when you asked for a test tried to log in but a page came up and said I have tried to many log times.

Had to go thru some hoops.

It appears to be working for me without too much delay. Maybe it’s being resolved.

I keep trying but it looks like someone in the routing has dropped the ball. If this goes through it’ll be the 3rd time I tried but got timed out with the others. Good luck my friend. Silverngold

🙂

Following a 40-day stoppage, employees of Minera Media Luna who work at El Limón-Guajes site in the Mexican state of Guerrero are going back to work.

Minera Media Luna is Canada’s Torex Gold Resources (TSX:TXG) wholly-owned subsidiary in the Latin American country. It operates the El Limón-Guajes project, one of the richest open-pit gold deposits in Mexico at a resource grade of 2.65 g/t.

Starting on November 6, 2017, some three dozen workers blocked the entrance of the mine near the town of Real de Limón, demanding the right to join the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros. The problem was that Media Luna had already signed an agreement with a different union.

To resolve the issue, the company organized a series of meetings with Los Mineros and a consultation process, which was supervised by a team of notary publics. According to a press release issued by Torex, following this consultation process, 274 of the 520 people eligible to participate agreed upon aborting the strike.

Mexican miners reach deal with Canadian company, go back to work